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Jmintiw
Supplement

Quotation

Street Railway Supplement (^mam^^

(Monthly)

Inveator^ Supplement (Quarterly)

Stale and Cihj

[Entered aooordlng to Act of OonfrresB, In the year 1900, by the William B.

VOL.

Dasa OOKPAlfT, In the offlM of the Llbrarlui of OongreBa.]

SATURDAY, FEBRUARY

72.

Supplement (^Amu^n^

Wttt

OUaringt at—
1901.

PUBLISHED WEEKLY.

New York

For One Year
$10 00
For Six Months
6 00
(Inolnding
postage)
13 00
Eoropean Subscription
(Including
Six
Months
postage)
European Subscription
7 50
<2 14b
Annual Subscription In London (Inolndlng postage)
do.
do.
Al lis.
BlxMos.
do.
Above subscription Includes—
8TKEET Railway Supplement
Thb Quotation supplement
State and City Supplement
THB INVE8TOE8' SUPPLBMBNT

Terms

ot

Adyertlsing—(Per Inch Space.)

Transient matter
$4 20
8TANDINO BUSINESS OAKDS.

Two Months

(8 times)..

22 00

Three Months

(13 times) .$29 00
" ). . 50 00
Six Months
(26
Twelve Months (52 " ) . 87 00

London Agents:
Messrs. Edwabds <6 Smith, 1 Drapers' Qardens, E. O., will take subsorlptionB and advertisements, and supply single copies of the paper
at Is. each.

WILI.IAITI B.

DANA COmPANY,

Pine Street, Corner of Pearl
Post office Box 958.

Pnbllsbers,

Baltimore
Buffalo

Washington.
Albany
Rochester
Syracuse
Scranton.

WllmlnKton

nevf tork.

Boston
Providence
Hartford

,

New Haven
Sprlnftfleld

,

Worcester
Portland
Fall River
Lowell
New Bedford

,

Holyoke
Total NewBng..,
,

Cleveland

Milwaukee
Colnmbns
Indianapolis

CLEARING H0U8E RETURNS.

Peoria

To.edo
Grand Rapids

The following table, made up by telegraph, etc., indicates Dayton
Bvansvllle
that the total bank clearings of all the clearing houses of the Youngstown
SprlneUeld, 111
United States for the week ending to-day, Feb. 16, have LeziUKton
Akron
been $1,937,143,947, against $2,315,082,363 last week and Kalamazoo
$1,551,507,493 the corresponding

week

Rockford

of last year.

SprinKlleld, Ohio...

Canton
J ackson vllle.

Week Ending February

cliabings.
Return* by Teleoravh.

New

York....

«i,o

Boston
Baltimore
ChloaKO
St. Lonts

Seven

cities,

oittes, 6

6 days.

days

1900.

$725,884,163
103,763,413

P. Oent

+43 8

+9

6

66,849,133

64 273,243

1«,218,818
10«,H80,806

15,935,013

+4-0
+14-3

102,059,606

+2 8

37,696,381

27,670.240

+36-4

9,367,938

10,871,107

-141

Il,8e7,l80,518

$1,060,317,149

+82-1

819.961,«I8

194,246.189

tl,607.111.e29

$1,244,563,338

+391

380,002.018

366,944.165

+23-8

tl,887.U3,947

$1,561,507,193

+281

Orleans.

Other

Mes.ies

113,76).8J7

Philadelphia.

New

1»01.

111 ...

Oulncy
Bloomington.

16.

+18

8

Tot. Mid. Weat'n.
San Francisco
Salt Lake city
Portland

Los Angeles
Seattle

Spokane
Tacoma.
Helena
Fargo
Sioux Falls
Total PaolUo...
Kansas City
Minneapolis

Omaha

Total

all cities,

411 cities, 1

6 days.

day

Total all cities for week.

The

the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated,as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with Saturday noon, February 9, and the results
for the corresponding week in 1900, 1899 and 1898 are
also given.
In comparison with the preceding week
there Is an increase In the aggregate exchanges of one
hundred and thirty-six million dollars, the gain at
New York being one hundred and forty millions.
Contrasted with the week of 1900 the total for the
whole country shows a gain of 32-2 per cent. Compared with the week of 1899 the current returns record
an increase of 33-3 per cent, and the excess over 189S is 90-6
per cent. Outside of New York the increase over 1900 is 6-1
per cent. The excess over 1899 reaches 11 "0 per cent, and
making cpmparison with 1898 the gain is seen to be 39-8 p. o.
full details of clearings for

St.

Paul

Denver
Joseph
Des Moines

St.

Davenport..
Sloui City

Topeka
Wichita
Fremont.
HastlnRS
Tot. other West..
St.

Lonis

New

1899

Orleans

l,16<,922l
1.002,561
1.014.810
304.751
886.4«8;
440,8301
436.0001

405.400
267.762
310.167
233.988'
128,588;
280.0001

2flfi.»33

li;8,919

195.920,775

188.301,229
16879 750
1804,2361
1.87.S.761

2,032.664
1.981,142
988,180
939,082i
467,659
384,107
165.275
i

47.676,33»

44.703,971

88 698 232

81,783,093
13,051.15',)

Qalveston

8,938 500
4.102.500
4,963 663
3.710
8,515.528
8,488,872
1,608,366
1,353,225

8,>-6a.60O

Norfolk
Antrnsta

KnorvlUe
Fort Worth

Birmineham
Macon
Little Rook
Chattanootra
Jacksonville.

Total Southern..
Total all
Outside N. York.

Montreal
Toronto
Winnipeg
Halifax
Hamilton

John

Victoria

Vancouver
Total Canadft....

1880.648
1.003459
780,878
878,867

148,463,921
118,430.023
13.169.850
7,6Jo,67c
9,268.801
5.888,909
4.537,100
2.243.1>»
2,004,849
1.636.223
875.858
997.023
574.626
488 182
462.345
3:16 435
337.000
831,617
207.287
278,455
192,609
llO.COO

"188,093,353

169.891,736
16,114.808
1,936,363

189.609 itfU
14 829.746

8,750,000
3,150,619
2.133,086
1,665.868
1.717,696
1,474,883
641,494
803,188
603.000
816,000
485.210
417,384
300,000

1,55'<.589

660.204
1,200,000
1,050.COO

980.000
565,073
604,411
897,883

88,603 898
^751.790.991
684,084.413: '644.958.924
15 COS 027
12,008 I'-SI
9,741.630
18,166 164
1,847,838
1.828 21W
1,681,688
1.500,000
85S.268
980.378
6311.719
685.416
709 080
793,690
778,780
715.607

98 310,802

1^816.082 36^

30.617.781

1
'

31 15>*.795'

Si's 143
800.000
807,109
885 400
828.899
199.367
808.918
205.908

1.441 038
1,951.410
1,585,610
1,800,000

989.930
670,448
430.431
3i8.81«
102.868

641,580
860.867
375.000
214 635
109 853

83 077,739
10338 675
6.888 607
6.901.930
8,019.561

8.642,7^

3,552,170
1.191.102
72J.494
800.084
476.968
491,407
139,057
137.674

1.890.868

37,901 716
88.033,387
9 061,869

88,087.976

7815,681
8,684 300

7.066,461
3.884,290
S.1S9.478
8,478.147
8 680,232
3,605.343
1.617.408
1,874.817
011.003
801.637
610.335

8,187.916
8,»67 352
3,713.840

5,64-',340

sm

94.021.800
18 488,500
6.318.818
6,763.574
6 568.619
4.676.8D0
2.250,290
2.612 4;9
1.695 864
837,784
695.568

1.671,421
1,684.062
1,406.872

8.896.2^
8,662 688

8.991,431

1,'-0Q,109

768.084
727,283
800,000

9.693 489
8,444.124
6,698,398

175.180:
160.0001

5.3U,6C0

1,118,3^

26.332,789

10,16S,093

Nashville.

1,408,151
1,493.640
1,353,820

13,100.75:
9,848.374
5,803.564
3.980,093
4,238,498
3,923,357
1.249.039
600.000,
977.719'

9,2'»'«.f31

Atlanta

1,887.303
1,565,02H
1,507,681
1,700,784

87,447,999

685.701
495,872

&25.680,441

110 331,883

14.0 -9.240

9.899 631
5 629,841
4.548,727
«,716.«86
8.657,017
1,353 655
1.160.000
1.120.356
1.085.887
507,793
ie2.:96
166,000

099,181

130 100,416
6,159,600
2.603,763

31,735,025

12.6i;B,860

Houston
Savannah
Richmond
Memphis

l,299,»i7,i«j!

2.278.6191

309.107
163.914

1

1.400.723
942.961
690.688
785.808
894.000

82rf.700|

8.088.445

18.344,736
3,161.419
1.92l,18H
2,628.034
1,973,698
1,001,032
1,413.378
826,226

4016.765

7tJ6,ttl9

7.851,402
10,0u5 533
6,709.708
4,765,600
3.160,472

641,898
558,500
656.700
313.874
861,571
806.160
293,960
172.204
316,071

17,60 [.7b8
16 862.191

4.918.135

808.241

16,031,i:00

1,172,895
763,093
433.689

lX,2Se.li51

963.965

I43.393.5ZI
130,817 812

1,500,001

55,742.850

38,966.5(M

300.0001

1.801.852,197 1,261,341,876
137,20S.331
128,189.251
6,460900
6,378,900
2.392,516
2.557.226
1,657.776
1.3«1,436
1891.813
1.493,845
1.443,370
1,890. l^iO
1,054,831
976.744
816.288
1,028,476
552.094
498,517
4S8.796
469.867
3t».79a
826.457

U4.687.ai6

78S 199,648

613

2,3 19. .301
8.360,rX)0
8.4:-0 101

253.*!-

125.792,260
19,487,600
8.782,229
12,944,695
6,960,62i
6,200,000
8,747.001
2,500,000
2,116.626

1898.

133.486.098
9*J,0I3

429.600

Louisville

St.

1901.

1900.

8«8,H00
245,081

Blntcbamton
Chester
Total Middle

Cblcafto
Cincinnati
Detroit

Street,

eruting February 9

,63O,»07,9eO 1.106,832.0701
84,8^,5!^9
B'*,7''6,iei
8H,894.693
29,485 5x7
19,796 993
1^,910,581
5.231,l(-3
4,b68,076i
8,l33,Cai
2.»)6O,310
8,112.612
2,961, H4
2,306.789
2,162,7881
l,Si88,767
1,25 i, 031
1,018,924
&9t.786l
1,025,137
889.0S0

Philadelphia
Pittsbar^

Termg of Subscription— Payable in Advance

NO. 18«0.

16, 1901.

l,9S5.8rt5

1.608 834
1,187,644
964.932

808.504
e9l.»i8
887.914

968 805
768.855
808.128
613.784
490,138
114 181
130 766
88.203.699

11000 807

713 879

«7»774

986 480

683.000
876 696
3JS.2T9
ies.5i4
69 817 747
68.716617
1.750.196.986 1.214778.448
690.000
347.848
318.537
814.886

618.710,98?!

13 6T8 67f'l
9!4S7.6-0
1.719 5l>M

_

48.-<57i,B05

15

811938

8 876 478

1.371.177
714.134!

1.493.983
1,903.003
637.467

6910181

681.080

786.6061
609.107.

'~8,-*.8M;4«8I

88.106.469

THE CHRONICLE.

308

1900) to $258,435,164
the last two), all the

THE FINANCIAL SITUATION.
The developments

since our last have not been all

[Vol. LXill.
(still

far above any year except

money markets

of

Europe were

greatly disturbed.

that was expected, and yet renewed buoyancy and ac-

was experienced on the Stock Exchange yesterday.
A week ago it was assumed that what is called
the iron and steel deal would be fully organized and
announced within a day or two. As we write, the
arrangement has not been completed. At the same
time there is no reason to suppose that any special
obstacle has been encountered. It hardly needs to be
said that it is an extensive affair and the adjustment

tivity

The admission

of Mr. George Jay Gould to the
board of directors of the Denver & Eio Grande ER.
marks, it would seem, another step forward in the
development of the principle of the community
of ownership among our railroads.
There have
been reports that the event indicated a change
in the control of the road,

but this

is

explicitly

de-

President E. T. Jeffery, to whom the security
interests
diverse
respects
many
in
owners
and
and the people of Colorado alike owe so much
numerous
such
of
requires time. Of course until the end is reached the for the way he has managed this important property,
assurance of success is wanting, and that affords the states that controlling interest in the company has not
nied.

rumors and of them there been bought by any other system, nor has the Denver
& Eio Grande's independence as a Colorado railway
has been no lack.
been in the slightest degree impaired by the changes
have
disclosures
the
all
which have occurred in the holdings of its securiOther than the foregoing,
sugges
and
noteworthy
most
ties.
The
The great prosperity of the State of Colorado
been favorable.
tive is the trade statement for January which the and its large increase in the output of the precious
Bureau of Statistics has made public. It shows a metals have attracted, he states, the attention
total of merchandise exports reaching $136,317,354, of investors and capitalists, among them Mr. Gould.
or an increase of $18,720,206 over January 1900, and The policy that has heretofore governed the Denver
a favorable net merchandise balance of $67,217,160. & Eio Grande management will, he asserts, continue
The merchandise exports in January were the largest not only in relation to the public and the State at
It would
for that month that they have ever been, and only in large, but with all connecting lines.
four months the last three months of 1900 and seem, therefore, that the entrance into the board of
December 1898 has the present total been exceeded. Mr. Gould means the admission to representation in
As to the net balance ($67,217,160), that also is very the directory of an important new interest. At the same
considerably in excess of any previous January, time the fact should not be lost sight of that Mr.
and only in six other months has it been Gould is the head of a prominent connecting sysIn this sense,
the
fact that
he has
larger, three of which were the same last three tem.
mertrade
whole
acquired an interest in the Denver & Eio Grande
months of 1900. Taking the
favorable
balnet
the
silver—
and
must be accepted as meaning much not merely
gold
chandise,
ance is $72,898,512. It can cause no surprise that, that he believes in the future of the propin
maintaining and strengthenconcurrently with the issue of this trade statement erty but also
results,
favorable
phenomenally
ing the relations between the two systems. The inshowing these
been
and
should
have
large
terchange of traffic with each other's lines will not
exchange
sales
of
the
only be continued, but it will be increased wherever
sterling should have declined.
Thus the Denver road will gain and the
possible.
article
will
found
production
be
Pacific
will gain.
In other words, the argold
Missouri
Our annual
to-day on pages 313 to 317. We refer to it here because rangement will be mutually advantageous, while

opportunity for

all sorts of

—
—

—

—

the present situation of that metal helps the observer, being an additional safeguard against the disturbance
through the latest facts there shown, to get a fuller of peace among the railroads in that part of the
and more exact idea than at any time heretofore has country.
been possible of the changes that have taken place in
We give in
Iron production is again increasing very rapidly,
the world's needs for that metal.
in and at the same time stocks are contracting, so that
product
the situation of this great industry seems to be
five year
that in getting very satisfactory. According to the statistics
of gold averaged $101,571,919 a year;
1886-1890 it averaged $109,991,225; that in 1891- compiled by the ''Iron Age" of this city, there was a
1895 it averaged $162,523,833, and in 1896-1900 net addition to the number of furnaces in blast durIn other words, taking the ing the month of January of no less than 38, with an
it averaged $260,639,340.
whole twenty years, the average production during increase in the output of iron of 27,907 tons per week.
the last five compared with the first five increased Since the 1st of November 70 furnaces have gone
over 156| per cent; and even comparing the last five into blast, that is, the number of active furnaces
In the same time the
years (1896-1900) with the previous five (1891-1895), has risen from 201 to 271 tons.
the average production is found to have increased output per week has gone up from 215,304 tons to
Or again, perhaps if we take (from 278,258. This is an increase at the rate of 3^ milover 60 per cent.
also given in the article referred lion tons per annum, bringing the output up to over
compilation
the larger
Notwithstanding the
to) the annual yield, the growth will appear more fourteen million tons per year.
For instance, in 1891 the production great addition to the weekly capacity, the production
striking.
was $129,947,793; in 1896 it was $202,998,626, and in is still below the maximum attained the first half of
1899 it reached $314,630,233. Now, the point we want last year; for instance, on June 1 1900 293 furnaces
to emphasize is that after this immense expansion in were reported in operation with a capacity of
production, particularly during the nine years from 296,376 tons, as against 271 furnaces now, with a
The situation at this
1891 to 1899, inclusive, the world's wants had so far capacity of 278,258 tons.
however
period
was
wholly
different
expanded that when the product declined (as it did in earlier

the
the

article

a

little

period

table

which

1881-1885

shows

the

total

that

FeBRUARY

16

THE CHRONICLE

1901.J

from that at present. Then the lar^e output was
accompanied by augmenting stocks ; now stocks are
The " Iron Age " reports the total of
falling off.
furnaces' stocks sold and unsold on February 1 as
656,764 tons, against 558,663 tons January 1, 641,466
This is
tons November 1 and 670,531 tons October 1.
in
the
statistics,
namely
the most gratifying feature
in
their
consumers
requirements
that
the indication
are keeping fully

apace with the enlarging produc-

309

cent for four to six months on good mixed Stock Ex-

change
is in

The demand for commercial paper
the supply. One reason assigned for

collateral.

excess of

the comparatively limited offerings
collections

are excellent,

is

that, as a rule,

and hence merchants are

Rates are 3^@4 per cent for sixty to
ninety- day endorsed bills receivable, 4@41 per cent
for prime and 5@5^ per cent for good four to six

light borrowers.

months' single names.

tion.

The Bank of England minimum rate of discount
The cable reports
Official rates of discount at the chief European remains unchanged at 4^ per cent.
centres remain unchanged and open market rates discounts of sixty to ninety day bank bills in LonThe open market rate at Paris
It is reported that £1,000,000 gold has don 3|@3| per cent.
are easy.
been transferred from Russia to Paris and London is 2^@2i} per cent and at Berlin and Frankfort it is
and also that there is a general expectation that the 3i@3| per cent. According to our special cable from
Bank of England minimum rate of discount will be London, the Bank of England gained £957,951 bulThe financial lion during the week and held £33,585,436 at the
reduced to 4 per cent next week.
event in Great Britain this week was the closing on close of the week. Our correspondent further adWednesday of tenders for £11,000,000 Exchequer vises us that the gain was due to the import of £466,bonds, applications for which to the amount of £35,- 000 (of which £328,000 were bought in the open mar000,000 were received, ranging in price from 93 per ket, £120,000 were imported from Egypt and £18,000
Applicants at £97 2s. were allotted 83 from other countries), to receipts of £533,000 net
per cent. It is reported that a New York bid for from the interior of Great Britain and £40,000 ex£1,000,000 at 96J was made. Last week's bank state- ported to Roumania.
ment was notable for a further expansion of loans and
deposits, the increase in the former being 833,481,Though the foreign exchange market was strong
200, following a gain of 130,440,900 in the previous
early in the week, it was decidedly lower after Wednesweek, while the deposits were augmented by $34,676,day. The strong tone on Monday was moat noticeable
The
400, making $57,170,900 for the fortnight.
in cables, which were in demand for the semi-monthly
deposits now are only $5,406,100 ^below the billion- dolsettlement in London, while sight sterling was in relar mark.
The rise in these items has been continquest for remittance for securities sold for European
uous since December 23, the loans gaining $108,190,account, and long sterling was influenced in the
700 and the deposits $155,789,500. While there was
direction of higher rates by easy discounts in
a gain of $3,065,400 in specie shown by last week's
London.
The ending of the settlement afstatement, making an increase of $36,894,400 since
fected cables on Wednesday, offerings of runDecember 22, there was a loss of $1,372,500 in legal
ning off bills caused a decline in short sterling,
tenders, making a net gain of $12,963,600 in the
and liberal selling of long sterling by bankers made
seven weeks. The surplus reserve was reduced last
In addition to these special
this class of bills weak.
week by $4,476,200, to $20,362,625. The expansion
influences the demand was small and the tendency
in loans was largely due, as was the case in the pre.
of the market was downward for the remainder of the
vious week, to borrowings in connection with the
week. Commercial bills were in fairly good supply
recent railroad deals.
The Central Pacific Railroad
on Monday, but the offerings were limited after WedCompany on Friday last anticipated the payment to
nesday. Gold received at the Custom House for the
the Government of the sixth of the notes given on
week, $13,705. The Assay Office paid $531,280 94
account of its bonded indebtedness to the United
for domestic bullion.
States, which obligation was not payable until Febru
Nominal rates for sight exchange were reduced
ary 1 1902.
The amount was $2,942,000 and the
during the week from 4 89 to 4 88J. Rates for actual
check passed through the New York Clearing
business opened on Monday at an advance of half a
House on Saturday last. This payment will have
cent for long, compared with those at the close on
an adverse influence upon the bank statement this
Friday of last week, to 4 84f @4 85, while rates for
week.
short sterling and for cables were one- quarter of a
cent higher at 4 88@4 88^ for the former and 4 88|@
Money on call, representing bankers' balances, has 4 89 for the latter, and the market was quite strong.
loaned at the Stock Exchange during the week at 2i Tuesday was a holiday.
Ou Wednesday the tone
per cent and at 1^ per cent, averaging 2 per cent. was easy, and rates for actual business declined onecent to par.

The Exchange was
and on Wednesday

On Monday

around, to 4 84ii@4 84J for long,
loans were made at 2^ per cent 4 87f@4 88 for short and 4 88i@4 88f for cables. On
and at If per cent, with the bulk of the business at Thursday the market was decidedly weak, though it
2 per cent.
On Thursday the transactions were at 2 closed with a steadier tone, and rates for actual bnaiper cent and at 1^ per cent, with the majority at 2 ness were half a cent lower for long, at 4 S4@4 84^,
per cent.
On Friday loans were at 2 per cent and while those for short and for cables were reduced oneat If per cent, with the bulk
of the busi- quarter of a cent, to 4 87^@4 87i for the former and
closed on

Tuesday.

quarter of a cent

all

per cent. Banks and trust companies to 4 88i@4 88i for the latter. The market was
have loaned at 3 per cent as the minimum. easy on Friday, though long sterling was oneThough the offerings on money on time have quarter of a cent higher.
The following shows
been liberal, rates are more firmly held. Quotations daily posted rates for exchange by some of the leadare 3^ per cent for thirty to ninety days and 3|@4 per ing drawers.
ness at

2

THE CHRONICLE.

310
FBI..
Feb. 8.

Brown Bros
BarloK.

MaRonn & Co.,

1

60 days.

}

Sight....

60 days,
{Sight„..
1 60 days.
5

4 86
4 88«

4

85«

480

Bivnk British
No. Amerlo&,.c {siBht...,
1 60 days,
Bank of

4 86

Montreal
Canadian Bank
of Commeroe.,

4 89

&

86«
485
4

86«

89
85 3
89
85
89

Sight....

489
4 86«

89

COc {sight....

4 88i4

89

Merohanta' Bk.
of Canada

(60 days
{sight...

The market

86^

4 88^
4 85«
4 89

o

89

854

60 days,

THPB.,

'mT
89
85«

}

4

WlD..

89
85
89
85

5

(60 days,
IjatardFrerei..' {sight,...

Tubs..

Feb. .12, Feb. 13. Feb.

86«

4

5

11.

bO

60 days.

Heldelb'aoh. lok

elheimer

{sight....

MON..
Feb.

86K

o
w

85^
88X
86«

86

85

884
864
884

£84
854
884

86

86

884

684

85

86

684

884

85

85

89
85

884

884

85

86

884
854

884
E54
884

884
854
884

85

86

884

f84

SO

well to

it is

remember,

as a

16.

85«

854

89

Passing that, however,

FBI..

14. Feb.

[Vol. LXXII.

modifying and encouraging circumstance, that a decrease in the surplus reserve which is attended by an
increase in the banks' cash, and is produced through
an expansion in loans and deposits, is not so menacing

movement

accompanying a
For instance, although deposits and
loans were actually larger last Saturday than at any
previous report of our Clearing House Banks, they are
a

as a decrease in reserve

of cash.

loss

not even

now

so

much

in excess of the figures

when the

Sept. 15 1900,

for

deposits were 1907,344,900

84i@4 84^ for long, 4 87^ and loans were $825,830,600, as to cause uneasiness,
@4 87f for short and 4 88i@4 88^ for cables. because on the occasion in September a flow of curCommercial on banks 4 83i@4 84 and documents
rency to the interior was in progress, and that date
Cotton for payment,
for payment 4 83i@4 84.
was about the time of the beginning of the ordinary
4 83i@4 83^, cotton for acceptance 4 83f @4 84 and
period for the heaviest drain of currency to the
closed at 4

payment 4 83f @4

grain for

84.

interior

to

move the

Now

crops.

the

movement

currency is still from the interior to New
The following gives the week's movements of
York, and from present appearances is likely to conmoney to and from the interior by New York banks.
tinue in that direction. Then again there is nothInterior
Beeeived
Shipped
Net
bv
2>v
ing of ill omen or inscrutable in the character of the
WeOt Ending Feb. 16, 1901.
Movement.
N. T. Banks. N.T. Banks.
additions that have been made to the item of loans.
{5.220,000
Gain. (4,253.000
Onrr Anov. ................••••••>•••
1967,000
2,434,000
194,000
Gain. 2,270 000 They have not arisen from a general inflation of credOold
17,684,000
$1,161,000
Gain. »6,523,000 it, or from an advance in the prices of commodities,
Total gold and legal tenders
or from over-trading, nor are they evidence of any
Result with Treasury operations
kind of weakness in business circles. If they had any
Into
Out
Ifet
Change
in
Of
Week Endinn Feb. 15, 1801.
such origin they would of course cause distrust and
Banks.
Banks.
Bank fioltMttfi,
loss of confidence.
On the contrary the borrowings
$1,161,000
Gain. $6,523,000
Banks interior moyement, as above 17,684,000
SBb-Treafiurv onerations
19,400,000
28,800,000
Loss. 2,900,000
can be chiefly traced to a few large recent transactions
$27,084,000
$23,461,000
Gain. (3,628.000 and would be anywhere classed as gilt-edged.
Total gold and legal tenders
The only point that can be made against the stafollowing table indicates the amount of bullion
of

:

The

in the principal

bility

European banks.

and safety of the monetary situation

is

a too

rapid conversion of floating capital into fixed forms,
Feb. 14, 1001.

Feb. 15, 19C0.

which

aatik of

ngland

Gold.

aUver.

Total,

0oUi.

aUver.

Total.

X

X

X

X

%

t

33.685,438 85,743,861
86,743,861
95.327.436 43,818,161 139,145,698 76,014,081 45,689,103 121.703.187
28,617,000 14.742,000 48,359,000 27.779,000 14,311,000 43.090,000
78.028,000 6,575,000 79.608,000 83,364,000 6,889.000 89,233,000
88,582.000 10,281,000 48,813.000 37,830.000 9,015,000 16.816,000
14,001,000 16,468,000 30 469,000 13.600,000 14,743,000 28.843.000
16.678,000 1,859.000 17,432.000 15,412.000 1,506,000 16,918,000
5,030,000 5,658,000 10.688.000
6,067,000 6,971,000 11,038.000
2,983 000 1,492,000
4.476,000
2,972,000 1,486.000
4.458,000
33,535.436

Trance
Germany.....
Bnssla
Ans.-Hang'y.
Spain
Italy

Netherlands..
Nat. Belg'm..

Tot. this week 3C 6.676.871 100893161 407,670.038 297,781,345 98,590,103 396,871,448
Tot. prey, w'k S05.831.920 100846161 408.678,081 297.750,962 98.892.311 306,018.273

BANK

LOANS, SYNDICATE BORROWINGS

AND THE MONEY MARKET.

is

especially
it

of

course always a possible outcome and

when

activity

and buoyancy

prevail.

Did

however ever happen that such a process of converwhen the operations were simply

sion brought disaster
in

the line of a wise

property
that

so

already
far

as

movement

fixed?
this

and had hitherto been
and of that character.

We

movement

for conserving

showed
affected

last

of

week

railroads

was in that direction
The above question is asked
merely as a suggestion; we do not intend or need to
It has,
press the thought in full at this time.
though, a certain significance in connection with and
is

carried,

it

in a nature preliminary to a further inquiry.

That

not the current security movement, taken
and to which the above has reference,
Does it not
merely a duplication and substitution
withdraw from the market substantially as large a
body of securities as it puts out? Is it not thus
powerless to convert into fixed capital any additional
amount of loanable funds ? Furthermore, will it not
also increase the soundness and value of what it
cannot be carried so far as to imperil the situation; withdraws, and so doubly insure the dividend quality
nor that the Treasury Department may not absorb of the stock held by the trustee as security of the new
enough money to work great harm. All we say is bonds put afloat ?
that fit the moment nothing has happened or is imWhat has been done is, we affirm, merely a duplica-

A

good many people are just now solicitous with
reference to the money market. There appears to be
no sufficient reason for their fears. We do not mean
that rates will not be steadier and higher ; indeed, a
moderate rise would serve better to keep affairs in a
healthy state than extreme uninterrupted ease. Nor
do we mean -that buying railroads and industrials

minent

is

to say,

is

as a whole,

.''

So long as the public tion and when completed will substantially be a subpermits the Sub-Treasury law to remain as it now is stitution of securities. For illustration take the
and the Grovernment has a large surplus revenue, we transaction with Mr. Huntington's estate, which has
are, as it were, all the time sleeping over a kind of received a large amount of floating capital for the
But as the people make no effort to change stock it held in the Southern Pacific Railroad. That
volcano.
the law, they must like that situation. So we leave stock instead of becoming a factor in the money marthe point with the simple remark that the Treasury ket is destined to go into a depository where it is to
drain is the most threatening danger at the moment stay. It may be claimed that the estate held its
observable, because it acts as an auxiliary to all other stock as an investment and that no part of it was
possible causes of derangement and cannot be timed out as collateral.
That may or may not be true. It
measured.
or
is, however, a fair presumption that if we include all
to disturb

confidence.

February

16,

THE CHEONICLE.

1901.]

311

the purchases of Southern Pacific stock by the syndicate of capitalists who have made the purchases and
include all the bonds after they are offered and sold

the last instance of contraction in the capital of any
of our Clearing House institutions was the Third National Bank, with one million dollars capital and

that are to be issued to replace the purchase money,
it is, we think, fair to assume that the one in the par-

twenty per cent surplus, which in May 1897 passed
over all its business to the National City. The President of the Third National stated on the occasion

ticular being discussed will

much

offset

the other; that is
be in bank as col-

"that it was more profitable to go out of business
lateral and no more after the transaction is closed as than to continue in business ;" the same week the
was being thus carried or used in bank before the Clearing House reported net deposits of all the banks
transaction was initiated.
only $672,131,400. The aggregate of capital and
But it may be asked, what then is the relative sit- surplus was at its lowest in this city in Deuation of floating capital as affected by these railroad cember 1897, when for three weeks the Clearing
operations ? Surely no one can deny that loans have House reported the total of those two items at $132,quite suddenly mounted up until they have reached 600,000. To-day the capital and surplus are $166,abnormally high figures is this to have no effect on 480,200 and deposits are very nearly $1,000,000,000.
floating capital ? We answer that it certainly has an Those figures, by the way, represent but a fraction of
effect; an effect which we see in the bank exhibits. the change which the era of emancipation (that is, of
But so far as railroad transactions have developed relief from the fear of the instability of our currency
and so far as they are reflected in the bank returns, standard) has made in the offerings of banking capBut, limiting our remarks to the
the effect is temporary. In all that kind of operation ital in this city.
institutions,
House
it is to be said that the
the bank is only the go-between. On the one side is Clearing
the financial institution, on the other the highest stronger situation they hold is not by any means congrade of a class of unexceptionable borrowers. As fined to the 25 per cent increase in capital and surplus
the bonds which are to refund the purchase money since 1898 opened; it is to as great an extent in the
are marketed and paid for, the loan item will be freed intimate connections our banks hold with the leading
from the burden of the transaction and it will be European institutions and with banks and financial
widely scattered among investors in the bonds.
organizations all through the interior, which enable
It may be of interest to carry this inquiry a little them to fortify themselves readily in case of any
further.
What we have said relates to the situation strain and, more than all, in the safer situation
Possibly the monetary conditions may of values, and hence of
as it now is.
all
business and all
later become more suggestive of embarrassment.
In loans in which they may be in any degree conthat case there are features in the make-up of the cerned.
present bank situation which are decidedly reassurWe cannot go further in this discussion to-day.
ing and will be of benefit to have in mind.
Chief What we have said does not exhaust but really only
to

say, just as

of

one

will

—

;

among

these

is

the fact that the relative position of

our banks to day

is

far

opens a vast

more favorable than any com- help

to

field

for thought.

show that there

forebodings about the

In using such a contrast, a correct
judgment cannot be formed unless allowance be made
for the abnormally depressed state of affairs during
those earlier years and the substantial reformation of
the money status since then. The danger our gold

prospect

;

and that

facts

cited all

no reasonable ground for

money market, either now or in
our banks have become within the

parison of total loans with similar returns in previous
years discloses.

is

The

past few years incomparably stronger than they were
in

themselves, in the financial status of the country,

and

in their adjuncts.

HE REVENUE

7
REDUCTION BILL.
standard was in for twenty years so far involved the
Government Treasury, suppressed the energies of
There are several reasons why the task of revenue
our people, and prevented the free movement reconstruction, as presented to Congress at the beginof capita], that there was not a time within that ning of the present session, has been perplexing. Not
period when either people or capital had full swing. the least of these reasons was that no clear precedent
To be sure, the hindrance to progress in those years existed to show how the matter should be dealt with.
was partially removed from time to time by short, fit- It is not always a simple matter, after public revenue
ful starts, or as the French might call them acc63, of has been enlarged through extra taxation to meet
buoyancy; but they had a short run. After the Sil- the abnormal expenses of a war, for the Government
ver-Purchase law of 1890 was passed there was an- to return to the previous basis of revenue. Very often
other of those quickened movements, but the spurt
lasted only about six months; it was followed by an

the wiser policy to continue the greater part of
the war taxation and use the surplus in extinguishing
industrial depression which had no actual relief until the war debt.
This plan was pursued deliberately
the Congressional and Senatorial election in 1898 after the Civil War, in spite of the fact that taxes had
was determined and the gold-standard legislation 'grown extremely onerous. In the fiscal year
1865,
which followed was ensured. If this state of affairs for instance, ordinary public revenue was
$322,031,is overlooked the public, in making comparison
to
000.
The war ended before midsummer; yet in the
day with former years, will interpret what is now fiscal
year 1866 the Government's receipts were no
transpiring as abnormal, and therefore as an unless than $519,919,000.
They were reduced only
healthy expansion.
to $462,846,000 in 1867, and it was not until 1874—
A movement which makes this truth more obvious nine years after Appomattox— that the revenue fell
is the preparation capital has
been making during the below that of the last year of the war. Within this
last two or three years for the new business era that
period, however, the public debt was reduced nearly
now exists. Prior to 1898 our Clearing House banks one
hundred million dollara per annum, and at the
were some of them reducing capital, others going out
end of the decade following return of peace annual
of business, and the new ones that did organize had
interest charges had been cut down no less than thirty
very small capital. If our memory serves us right.
it is

millions.

THE CHRONICLE.

bl2

This was one interesting precedent ; but there is
another modern instance even more strikingly in point.
The enormous increase of Customs revenue during
the decade after 1880 a result, as is now well understood, of England's urgent search for an export market in that period brought the surplus revenue well
above the remarkable sum of $100,000,000 per annum.
The public debt redeemable on call was wholly ex-

—

—

tinguished, and to prevent the Treasury from absorbing into its own vaults the greater part of the domestic circulation, the only recourse left was to bid

whatever premium would
The available bonds being in the main

in outstanding bonds at

buy them.

[Vol.

LXXII

annual requirement. Estimating last December for
the next fiscal year, to which the pending tax amendments will apply, but reckoning on the basis of existing laws, Secretary

only $26,358,000

Gage figured out a surplus

—this

of

again without charging up
payments on the sinking fund.

As

chance of a change in revenue condithat need be said is that Customs revenue is dependent on the volume of import trade,
and that the tendency of that trade under present conditions is to contract rather than expand,
without charging up sinking fund expenditure. The
margin for change on such a reckoning, it will be
for the

tions, all

those pledged as collateral for national bank circula- seen, is pretty small. The Secretary, it is true,
iion, the redemption process canceled at the rate of figures expenditures only on the basis of what the detwenty to forty millions per annum the national partments ask, and has expressed the hope that the

bank currency, and

it

was plain to every one that

it

could not go on indefinitely.
The history of the experiment in revenue revision

which followed

this

period

is

well known.

It pro-

vided a lesson in Governmant finance which no administration or Congress in its senses is likely ever to
On the one hand a Ways and Means Comforget.
mittee struck at the sources of revenue; on the other
the appropriation committees heaped up expenditure

an inexhaustible fund were at hand on which to
draw. Neither committee paid attention to the work
of the other, and the perfectly natural consequence of
such haphazard legislation was that a su rplus revenue of $105,000,000 in 1889 was replaced exactly
Probably
five years later by a deficit of $69,000,000.
no one has forgotten the consequences which that
deficit brought in its train.
We have recalled these episodes in our previous
financial history because, in our judgment, they
ought to be very steadfastly kept in mind while plans
for the reduction of the war taxes of 1898 are under
consideration.
The machinery by which revenue and
expenditure are fixed is the same as it was in 1890,
as

if

be smaller. And so it may be.
The expenditures asked for for the fiscal year 1903
exceed those actually made last year by the handsome
sum of 1100,000,000. But on the other hand it should
be observed that the similar estimate made for 1900,
a year before-hand, exceeded by only ten million
dollars the actual outlay of the year.
Nor does there
appear to be any very striking tendency in this Congress towards economy.
actual outlay will

There is this much of advantage over recent revenue reduction bills in the measure now before Congress; that it affects only internal taxes, and hence is
not subject to such violent over-estimates or underestimates as are inevitable in revision of Customs
revenue.

The

wholesale blunders which

marked the

revenue legislation of 1890 and 1894 will therefore
hardly be repeated. Moreover, no economic theory
affects the method of tax revision, as was the case in
the two years named. It has been honestly recognized that the problem presented was to take off as
many of the so-called war taxes as could be safely
spared, to take off first those which were most burdensome, and in particular to repeal such taxes as had
and that is as much as to say that it is very cumbrous turned out to be annoying without being largely proand awkward. There is now, as there was a decade ductive.
On this basis of procedure both houses have already
ago, danger that the mere fact of an overflowing surplus will lead to wanton extravagance in public ex- agreed on repealing such taxes as those on commerpenditure. There is also at least the possibility, cial brokers, on certificates of deposits, on telegraph
which was a fact in the years after 1890, that the and telephone messages, on voting power of attorney
trade conditions which produced the heavy revenue and on charter parties, no one of which has produced
may be subject to change such^as will impair their pro- more than $800,000 annually, and most of which
ductive powers and upset all estimates of future yielded barely one hundred thousand or so a-piece.
yield.
As for the first of these tendencies, it On the same basis of discrimination the tax on stock
not necessary to point to the huge appro- issues or transfers, which yielded last year nine milis
priation bills of the present session.
The Treas- lion dollars; on bonds, which produced three millions,
ury itself, little more than a year ago, while estimating and on legacies with some modifications, from which
a steady increase of the annual revenue, neverthe- $2,800,000 was derived, are retained by both House
less concluded that, on the basis of appropriations and Senate bills.
Where the distinction is not so obvious. House and
asked for '* by the several executive departments and
offices," there would be left for the fiscal year 1901 a Senate have parted company on the question how far
The House bill cuts
If these plain intimations of the reduction shall be carried.
deficit of $18,000,000.
the Treasury had been verified, it may be imagined sweepingly ; the Senate cautiously refrains from jointhat Congress would hardly now be discussing a reve- ing in the reduction except where the reason is conThus the House bill cuts off the two-cent
vincing.
nue reduction bill.
The revenue reduction bills of the House and the tax on bank checks, which yielded last year seven
Senate, which have now gone to a conference com- million dollars ; the Senate votes to retain it. The
mittee, contemplate a redaction in annual revenue of House repeals and the Senate retains or only partially
about forty million dollars. The surpl us of revenue reduces the taxes on bills of exchange, on insurance,
over expenditure in the fiscal year 1900 was $79,527,- on conveyances, on passage tickets and on proprietary
000, and out of this surplus $56,544,000 was spent in medicines. Both bills reduce but neither repeals the
redemption of Government bonds for the sinking beer tax, from which nearly $73,000,000 was earned
fund, a charge which, though ignored on technical last year ; neither does more than slightly amend the
grounds in the last few years, is nevertheless a valid tobacco tax ; both retain the tax on stock brokers.

i

February

THE CHRONICLE.

16. 1901.1

813

and while the Houae retains the heavy tax on bankers' in 1882.
That year's result was the smallest
capital and aurplue, the Senate only reduces it one- half. of any year subsequent to the enlarged supply followThese points of difference are far from irrecon- ing 1851. From 1882 the development was slow until
cilable, and the conference committee ought to be 1889, when the yearly product began to increase more
great delay.
On the whole rapidly. At first this increase was mainly due to a
appears to us the more reasonable and larger movement from Australia ; but from 1891 the
prudent and the more discriminating in its method
Transvaal also became an important factor, and after
not an unusual difference, since on many similar oc- 1892 the growth in the output of the mines in the
casions in the past the House, fresh from the people United States likewise added to the development.
able to agree without

the Senate

bill

and anxious

to

make

a showing agreeable to

has acted more from impulse

conthan the
its

The following

is

a brief preliminary

summary con-

bill,

densed from the fuller compilation given later in this
article, so as to show at a glance the course of the

by the estimate, $40,821,000 of annual revenue, and this is a
heavy enough reduction to make caution a virtue.
It is ten millions more than the figure suggested last
December by Secretary Gage.
A halt in the heaping-up of public surplus is eminently desirable; such a movement might become
very dangerous in the present position of the financial markets; but the other extreme is equally to be

condensed by averaging the annual yield
every five years, beginning with 1851-55, and concluding with the latest similar cycle 1896-1900. We have
also appended corresponding averages of the values of
the product in sterling and dollars to promote ease in
following the changes. The highest and lowest and
average prices of silver for the same periods complete
this condensed record.

avoided, and

OOLD PEODHCT AVERAGED EVERT FIVE TEAB9 FROM 1851 TO 1900

stituents,

slower and more deliberate Senate.
it

The House

must be remembered, would cut

it

is

off,

yet too early to say with certainty

what

the session's appropriations from the public
purse will be. Some of them the Pension and River

and Harbor

bills, for

—
—promise

instance

so

much

ex-

travagance that Senators of both parties have uttered
public and forcible protests and warnings. In view
of what we have already shown regarding the Treasury's estimates for the next fiscal year, we should say
that the more prudent and cautious of the two revenue-reduction bills is the better deserving of approval.

GOLD AND SILVER PRODUCTION IN THE
WORLD FROM 1881* TO 1901.
The current

reports of gold production received
from time to time during the year 1900 had before

the year reached its close led the public to anticipate
a loss in the output of the mines for the last twelve

Our information gathered since 1901 opened,
confirms this expectation. As a matter of history,
months.

the decrease in the world's product is a noteworthy
fact, because it is the first substantial set-back in the
yield of gold since 1881; at the

same time, the

out-

come is in no manner an enigma, but is easily accounted
for, and will prove only a temporary check.
The

movement
ply

;

at different dates in the world's gold sup-

it is

INCLUSIVE.
AveroQt,

Av/r.val.

Averaye,

Aver. val.

•Silver prlc.

,

.

Low. Areraoe.
1861-1855.... 6,873,064 £29,195,400 $142,078,004 62%d. 59%d. 61W... .1851 55
27,817,800 135.37»,551 m%<\. 60^^d. 61Hd.... 1856-60
1856-1860 ... P,548,755
1861-1865.... 5,816,941
24,709,200 120,246,641 diH^. 60^4. ei^d.... 1861-66
5 years.

ounces.

605^d.... 1866-70

126,765,576
116.^71,703
108.936,479

61W.

SSJ^d,

59d

.58)^(1.

4eJid.

52?<d.... 1876-80

52^<j.

4«?i5d.

505^d.... 1881-85

549^d.

415^d.

445^d.... 1886-90

33,398,663

101,571,919
109,991,225
162,523.833

27d.

35J^d.... 1891-95

53 658,156

260,639,340

4»Mil31?^d.

2.5d.

28H'l.-. 1856-00

1886-1870.... 0,132,296
1871-1875.... 5,605,303

23,810,205

1876-1880.... 5,209,811

22,3'^6,103

1881-1885.... 4,913,550
1886-1890.... 5,320,834

20,871,777
22,601,764

1891-1896.... 7,862,103

1896-1900.. ..12,806,449

The

HUjh.

dolUirs.

sterling.

26,048,761

63^(1.

60(1.

1871-75

and also the cycles
of largest development are brought out clearly by
means of the foregoing summary. Using the figures
of dollar values, it is found that in 1851-55 the average value of the gold product was $142,078,604; in
1881-85 it had contracted until the average was only
$101,571,919; from that point it expanded until in
1891-95, the average reached $162,523,833, and in
1896-1900 it reached the enormous average of $260,But as this last cycle closes, the growth, as
639,340.
already stated, has received a setback. Below we give
the latest five years, year by year, to fill out the comparison, and also to show the extent of the arrest in the
progressive development the output has now suffered.
Tear.

cycle of greatest depression

Total Ounces.

Values, Sterling,

Values, Dollars.

Tear.

1896
simple truth is that the withdrawal of the 3i million
1897
ounces contributed by the Transvaal in 1893, and
1898
1899
which supply when cut off in 1899 was being furnished
1900
in larger measure, has not been wholly made good by
* Of coarse tbe 1900 statement is largely estimated, as more folly
the increases in progress elsewhere.
When mining in explained hereafter.
that section will begin again is a problem that looks
It will be observed, according to the foregoing, that
to-day as uncertain as it did a year ago.
Whenever the last year's (1900) yield falls back not only of the
it does begin, there is every reason to suppose, after
yield in 1899 (when it reached 6314,630,233) but back
1896
1897
1898
1899
1900*

gets fully under way, that the development in that
section will be much more rapid than in the past.
it

GOLD PRODUCT OF THE WORLD FROM 1881 TO 1901.

We

have said above that the gold production has
shown no material decline since 1881 until in 1900.
It will be noticed below that we have changed the
form of presenting the detailed general statement of
the world's output of that metal. As now given, the
yield of the mines in each of the principal producing
countries is set out separately in ounces, while the
totals are not only exhibited in ounces, but also in
sterling and dollar values.
In this manner the
character of all the variations in output from jear
to year are made more clearly observable.
The

minimum
•

For

yield,

our

statement

flgnres previous to 1881 see Vol.

£41,713,715
48,780.511
59,538,652
64,652.663
53,105,239

of the product in 1898

(when

$202,998,626
237,388,998
289,743,680
314,630,233
258,435,164

it

was $289/743,680),

the result in 1900 being $258,435,104, that

is

$56,195,-

069 smaller than in 1899 and $31,308,516 smaller than
Probably tne current year (1901) will show
an increase over the 1900 product, whether the Transin 1898.

worked or not during any portion of
the twelve months.
This is the reasonable presump-

vaal mines are

because the effect of the full stoppage in the
Transvaal is shown in the 1900 results, and the reasonable expectation is that the product in at least the
United States and Canada will be progressive.
A question which will very naturally arise after an
examination of the foregoing is, why should there be an
insufiiciency all over the world in the supply of gold
tion

occurred just because the contribution from the Transvaal is
interrupted? With even that supply counted out the
pages 256-260.

shows,

70 (1900),

9,820,075
11,483,712
14,016,374
15.220,263
12,501,822

—
THE CHRONICLE.

314
total world's

new supply

in 1900

is

still

tional uses have in

modern times

The foregoing

in excess of

any year prior to 1898, even if we take in the entire
record back to 1851. The chief answer is that the
needs for domestic use as currency and for internagreatly increased

more

freely than formerly, but they are

drawing large

quantities of products from the remotest parts of the

earth and sending supplies of their

own make

in re-

turn to the whole world of nations; and all this, we
repeat, is being done to an extent never before any-

where nearly equaled.

But

besides this expansion in the needs for gold

in promoting international commerce, there

is

a de-

mand

for domestic currency purposes which has
become quite general and has had a rapid growth for
the last twenty years. Almost all the nations in the
world are now on a gold basis or trying to get there,
and a number are hoarding gold for the purpose.
That is one way in which the annual product is
being absorbed. Another more important cumulating

agency

new
basis.

is

the increased activity in the

demand

for

supplies by the countries already on a

Each

is

enlarging

its

gold
stock to meet the re-

quirements of its internal currency. For illustratration, Great Britain has in the last three years imported £25,923,769, or over $125,000,000, of gold
more than it has exported, and not only has all that
djjfference gone into domestic use but the stock in
the Bank of England has also lost from the same cause
£2,600,000— the stock on the 3d of January 1901 being
by that amount less than it was Jan. 5 1898. The
Bank of France shows the same tendency to increase
its gold holdings and issue notes on the same.
Even
in the last year its stock of gold has swollen from
£74,612,258 January 4 1900 to £93,314,213 January 3
1901, showing an absorption of £18,701,955, or about
94 million dollars in the twelve months. It is obvious that this gain could hardly have been acquired
during 1900 by the Bank of France without causing
disturbance elsewhere in Europe had not Russia let
loose during the same period a considerable portion
of her hoardings; the extent of this loss by Russia is
disclosed by the fact that the gold in the Bank of
Russia was reported January 4 1900 at £86,909,000
and on the 3d of January 1901 at £73,739,000, showing a decrease of about 6G million dollars. We need
not enlarge upon the additions to the gold holdings
in the United States which have in late years been

found necessary for increasing the stability of its currency.
That is a drain which is by no means satisfied.
Whenever this country shall adopt an automatic paper-money system, and it is sure to be an
event of the future, the domestic needs of our wide
land will further and very materially add to the permanent stock of that metal.

are the chief causes for the insuf-

annual new supply of gold to meet
current wants. They might all be summed up by
saying that modern commerce, domestic and international, has shaped itself so that the work in progress
calls for an increasing instead of a decreasing quantity.
Of course, through a forced contraction of
business operations, these demands could be minimized, and will be lessened if the strain continues; how
far that suppression in business transactions is being
enforced to-day we will not undertake to determine.
ficiency in the

and are increasing. Gold is often spoken of as if it
had very little active work to do other than to meet
now and then an international demand to settle balances between nations. Such statements belittle its
offices. Paying international balances is of course one
of its duties.
That is and always has been, and of
necessity must always be, an imperative function. One
Moreover, the requirements for that purpose have
during the last quarter of a century materially enlarged.
This we may assume is a development which
naturally follows the growth in the quantity and extent of the transactions the external commerce includes. It is not only true that the leading nations
are interchanging commodities between themselves

[Vol. LXXII.

fact

is

and that

certain,

quieter than

it

is

European trade

that

is

was a year ago, and the presumption is
is one among the

that the shortened gold supply
causes for the quieter markets.

Below we give our general table of gold production
in the world, adding returns for 1900, so far as we
have obtained them, with figures for all other producers made up more or less from estimates. In the
new form we have adopted for this general compilation
the reader has a separate statement (in ounces) for the
output of each of the following sources of supply
the United States, Australia, Africa, Russia, Canada
and Mexico. These are the leading producers, and
the smaller ones are grouped in a single total. Following the aggregate in ounces are the total values
each year in pounds sterling and dollars. The product for the Transvaal has been received by cable and
was made up for us by the best authorities. It is given
at 479,489 gross ounces, to which is added the results
in the other mining sections of Africa, which are
mostly official. A foot-note directs the reader to the
volume and page of the CnKONiCLE where can be
found the annual returns for the years from 1881 to
1871 and again those from 1871 to 1851.
GOLD.—PRODUCTION IN THE WORLD— OUNCES AND VALUES.

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**For figures from 1881 to 1871 see Vol. 70, pages 256 to 260.
"
" 1871 to 1851 see Vol. 54. pages 141 to 144.
"
* The ounces in the foregoing table may be turned into dollars by
multiplying by 20-6718. The value in pounds sterling has been as«">rtained by multiplying the ounces by 4"2478. Thus, according to
the above the product in 1900 stated in dollars is $258,435,164 and in
sterling 453,105,239.

Februabt

The

THE CHfiONlCLE.

16, 1901.1

chief features of interest the foregoing reveals

are (1) the diligence with which gold-mfining has been
pushed in recent years, (3) the great success these

and

the decided set-back
which has overtaken this industry in 1900. The setback is noteworthy not alone because of the stoppage

labors have met' with,

(3)

in the Transvaal, but, as already suggested, because
is

it

elsewhere

large

so

—Australia

and Mexico
decreases and also

—

315

valued at $29,500,000, or an increase over the preceding year of 170,142 ounces or $3,517,200.
It is
furthermore worthy of note that its product for 1900

was but little less than that of Westralia.
The
decided growth anticipated in California has failed to
be realized, the 1900 out-turn having been 39,697
ounces smaller than the 1899 product. Alaska, from
whose mines but 122,137 ounces were secured in 1898,
contributed 375,922 ounces in 1900 ; during the same
period the South Dakota product rose from 275,723
ounces to 320,130 ounces, Utah's from 110,556 ounces
to 205,000 ounces, Arizona's from 119,249 ounces to
169,312 ounces, Idaho's from 83,055 ounces to 100,000

being found in the column of
because of the suggestiveness of the concurrent deHad it not been for the
cline in European trade.
continued and decided growth in the United States
and Canada, the check in production at so many points
would have developed into a more strained situa- ounces, Oregon's from 50,966 ounces|to 83,000 ounces,
tion.
As to the comparative production of the vari- and Xew Mexico's from 26,074 ounces to 43,538 ounces.
ous sources of supply in 1900 and the future prospects Montana, which in 1899 reported a falling off in the
of yield in each, so far as

we have been able

to procure

the facts, they will be found in tne summaries immedi
ately following.

United States.

— Contrary

to early expectations,

the United States has again assumed the foremost position among the gold producing countries of the
world a position it relinquished to Africa in 1897,

—

being subsequently (in 1898) passed by Australia,
through the phenomenal development in Westralia.
The regained ascendency of the United States,
however, is not so much due to an increased output
from its mines as to the almost total suspension of
operations in the Transvaal and a general reduction of
the yield in the various Australasian colonies. At
the same time the preliminary estimate of Mr. Geo.
E. Roberts, Director of the Mint, indicates that there
was a very satisfactory measure of growth in 1900.
According to that estimate the aggregate production
approximates 3,837,215 ounces valued at $79,322,281,
against 3,437,210 ounces valued at $71,053,400 in
1899, and 3,118,398 ounces valued at $64,463,000 in

Mr. Valentine, of Wells, Fargo & Co., in his
annual statement just issued, places the
product for 1900 at $75,756,173, which is equal to
1898.

usual

ounces; against $72,567,226, or 3,510,445

3,664,721

ounces, in 1899, and $66,486,202, or 3,216,275 ounces,

This year's figures of Wells, Fargo & Co.
it will be noticed are $3,500,000, or 172,494 ounces
smaller than the Mint's preliminary estimate. Heretofore since 1893 Mr. Valentine's computations have
run the other way— that is, have been from $1,500,000
in 1898.

to $6,300,000 in excess of the Mint's total.

Two and one-

third million dollars of the difference in 1900 is found
in the single State of Colorado.
The ounces and

values as given for each State by the Director of the

Mint are as
and 1898.

follows,

comparison being made with 1899

Production.

Colorado

1898.

,

Fine

ozs.

IN

Value.

UNITED STATES.

tine

ozs.

$23, 195,800

1,259,920

California....
So. Dakota...

756,483
275,733

15,637,900

Alaska

128,187
248.014
110.656

2.624,800

119.249
144,859
88,055

2.466,100
1,716,900

Oregon

86.968

1,177,600

Washington..

87.065

768.200

26,074
5

639,000
lOO

736,194
312,962
264.104
230,270
166.933
124.133
107.314
91.389
69.153
38,166
33,358

Arizona

Nevada

Waho

5.699.700
5.126,900
2,285.400

2,994,500

-1900.-

-1899.-

>

1 , 122,073

Montana
Utah

144,859 ounces to 113,681 ounces, although^the 1900
production exhibited a slight increase over 1899.

The wonderful

progress in gold production in Colof course due chiefly to the development of

orado is
the Cripple Creek

In 1891, when gold was
first discovered there, the output of the district was
barely 10,000 ounces, or about $200,000; at the end
of

fields.

a decade, in 1900, the yield

had

risen

close

to

Develop-

1,100,000 ounces,

or nearly

ment

some new mines having recently

is still

active,

$22,500,000.

been opened, and 1901 promises even better results
than those for the year just closed. The Leadville

making material additions to its production from year to year. The retrograde movement
district is also

in gold-mining in California the

past few years has

been somewhat of a surprise, but according to good
The
authorities the reason for it is not far to seek.
rich finds, first in Colorado and later in Alaska, withdrew the money which was ready for mining ventures
from the older field to the more promising States; so
far is this true that even the funds needed for the
further development of existing properties was not
forthcoming. The current year, however, and in
fact from now on, improving returns are looked for
in consequence of the cheapening of production

through the more general use of oil for fuel and of elecMoreover, much is expected from
tricity for power.
In Alaska mining may almost be
alluvial deposits.
Further discoveries in the
its
infancy.
said to be in
Nome and adjoining districts give promise of excelThe past year mining in Alaska was adlent results.
versely affected by dry weather and yet the output
increased over two and a quarter millions of dollars. A
marked addition to the yield is expected in 1901 ununfavorable climatic conditions are again experienced. Altogether, therefore, there seems to be good
reason to expect as great an increase in the United
States the current year over 1900 as that year exhib-

less

GOLD PBODCCTION

Gold-

from 1898, made good the loss in 1900,
but the Nevada yield in the two years dropped from

yield of gold

Value.
$25,982,800
15.197.800
6.460.600
6.459.500
4.760.100
3.450,800
2.566,100
2.219,000
1.829.000

Fine

ozs.

Value.

1.427,063

$29,600.0l)0

695,497
330.130
375,932
248,000
205.000
169.318
113,681
100,000
83,000
40,000
43,538
10

14,377,200
6,617.674
7,771.000
5,126,616

4,337,726
8.500.000
2,360,000

2,067.183
1.715,768
896.873

ited over its

immediate predecessor.

—

Africa. From the leading position as a gold producing country Africa has fallen back, temporarily of
As is well known,
course, to a very inferior position.
this is a result of the

war

Operations in
and contiguous

entirely.

most of the mines of the Rand
of South Africa have been completely susMichigan
6
Sooth. States.
pended throughout the year. Some of the mines
16,843
327,500
14.854
15,765
Other States.
296
6,100
1,209
1,036
have been partially worked, and from such returns as
Totals.... 3,118.393 $64,463,000 3,437.310 $71,053,400 8.337.215 $79,322,281
we have been able to secure the subjoined estimate
The feature of the foregoing is the further pheno- for 1900 in the Witwatersrand has been made up.
menal development in Colorado. The output of the The total is so small that it might be left out
mines of that State in 1900 reached 1,427,062 ounces of our compilation for the world without seriously
New Mexico..

1,429.500

685.400
584.100
100
326.900
33,808

900.000
207
307,049
21,992

districts

..

THE CHRONICLE.

3iH
But

affecting the aggregate.

pressive object lesson of

it

furnishes a most im-

how fully

the most important

industry of the South African Republic was checked
by the conflict in progress there since September 1899.
The results in the Rand by months for the six years

ended with 1899 and our estimate for 1900 are now
appended.
WITWATER8RAND DISTRICT—OUNCES VALUED AT ABOUT *3
Ounces.

January
Kebnmrj-....

Marcb
April

May
June
July

August
September..
October

Norember.
December

.

1891.

1895.

1898.

149,814
151,870
165.373
108,745
169,774
168,102
167,953

177,463
169,296
184,945
186,323
194,581
200.942
199,453
203,573
194,765

148.177
107,019
179,154

174,977
176,708
173,379
176,804
182,101

203.874
213.430

232,067
235,698
248,305
251,529
242.479
259,603

202.562
199,891
201,114
201.315

262,150
274,175
397,124
310,717

176,707
195,008
193,641

192,652
195,219
178,429

1897.
209,832
211,000

1898.

313,827
297.876
325,908
335,125
344.160
344,670
359,343
376,918
384,080
400.791
393,311

419,504

lOS.
1900,

1899.
410.146"!

404.336

441,578
439,111
441,933
445.763
.iro .,r.
456,474
459,710
411,762
19,906
61,780
73,670

Totals... 2.034,103 2,277.641 2,280.892 3.034,679 4,295,007 4,069,169

.,„

y
f

.o„
479,489

I

479,489

Similar conditions to those in the Rand proper have,
as intimated above, prevailed in the districts adjacent
thereto, cutting

down

seriously the output. Rhodesia,

however, which lies much to the north of the Transvaal and outside of the war zone, has suffered no
interruption to operations, and the same is true of
Madagascar, West Coast districts, etc, where further
development is shown. There are no present indications that any such phenomenal results as the Band
has furnished can be expected from the Rhodesian
field, but a steady improvement in the yield is being
shown. Through the opening up of new leads the
product for 1900 rose to about 91,640 gross ounces as
compared with 65,303 gross ounces in 1899, the greater
part of the gain being furnished by the Globe & Phoenix
mine, which during the five months it has been worked
has given 24,778 gross ounces. West Coast districts
have added but slightly to the 1899 output, but in
Madagascar marked progress is making, although as
yet the yield is small. The districts outside of the

Rand have

produced about 166,922 fine
ounces, or 138,862 fine ounces less than in 1899. The
following presents in fine ounces and values the development from year to year since 1877 of gold producPRODUCTION—FINE OUNCES.

Year.
Ounces.
£
1887 (part year)....
28.754
122,140
1888
190,266
808,210
1889
316,023
1.342,404
1890
407,750
1.732,041
1891
600,860
2.552.333
1892
1,001,818
4.255.524
1893
1.221.151
5,187,206
1894
1,637,773
0,956,934
1895
],845,1.S8
7.837.779
1896
1,857.071
7.888.465
1897
2,491,558 10..583.616

Total

3,502,813
3.360.091
395,385

18,916.445

NewS:
Vrs. Victoria.

16.1-'*.115

14,273.018
1.679,518

50.000
50,000
71,552
127,052
143,701
159,977
227,765
270,000
293,035
326,941
341,908
305,784
166.922

TotalOtmces.
£
2&.754
122,140
212,390
240.266
1,020,000
212,390
368.023
1.554.794
303,939
479.302
2,035.980
539,691
727,912
3.092,024
631,652 1,150,519
4,887,178
679,550 1.381.128
5,860,756
967,500 1.865,538
7.924.434
1,146,906 2,115,138
8.984,086
1,244,755 2.150.106
9,133.220
1,388,780 2,818,493 1I,9T2,39«
l,4&a,354 3,901,721 1«,68<5.472
1,298,909 3,665,875 15.671.927
709,051
582,307
2,388,569

80,353.803 2,539.637 10.787.870 21,456,082

land.

1891. .576,399

153,335
158,870

610,587
561,641

34,209
30,311

605,612
616,940

59,548
110,890

675,000
631.682

207,131
231.513

1892. .054.450

1893. .671.126

1897. .812,765

1898. .837,258
1899. .862.411

1900. .807.407
•

179,288
324,787
360,165

2^6,072
293,217

638.212
281,205
807.928
688.003
341,722
918,100 1.050.182
509.418
947.626 1.613.876
315,653 *928,000 1.580,950

nia.

24,831

20,510

28,700

48,769

237,392
38,974
236,811
33,820
221,533
35,844
293.491
47.343
263,728
29,004
251.644
10.322
280,17«
20.000
389,585
32.990
364,893 »25,000

43,278
37,687
57.873
54.904

193,193
251,996

tralasia.

1,599,850
1,851,161
1,796,180
1,876.562
2.195.848
3.869,244

62,586

60,735
69.519
76,622
*40,000

2.375,918
2.924,814
3.516.9«7
4,4«2.5a8

4,091,900

Estimated.

PRODUCT OF GOLD IN AUSTRALASIAN COLONIES-FINE OUNCES.
Xew So. Queens- Western
New
South
Tasma- lotal AusTrs. VictiyHa,

Wales.

1890. .554,225

116,774

1891. .530,287

141,069

1892. .602,100

142,227
163,571
298,8J4

1893. .612.467
1894. .619.786
1895. .680.879

91,141,173

AiLstralia. Zealand. Australia,

tVales.

127,460

1896. .805.087

<—
OtherOunces.

—

IN AUSTRALASIAN COLONIES GROSS OUNCES.
Queens- Western
Tasma- Total AutNew
South

1890. .588,560

1895. .740.086

-Witwatersrand—^

1899
1900

PRODUCT OF GOLD

1894. .673.680

AFRICA'S GOLD

1898.

—

AUSTRALA.SIA. Retrogression in gold production
was the rule in all the Australasian colonies in 1900,
and as a result that country has, as already stated,
yielded up first position to the United States. New
mines have been opened in most quarters, but the
output therefrom has been more than offset by decreased returns from old workings.
Westralia has
suffered least in ratio of falling off, the 1900 product
having reached 1,580,950 gross ounces, against 1,643,876 gross ounces in 1899.
Surprisingly poor results
are shown by some of the mines in that colony, the
Lake View mines turning out but about 90,000 ounces,
against over 250,000 ounces in 1899 and the Associated Gold Mines gave but 34,300 ounces, against
120,000 ounces. On the other hand such important
properties as
the Golden Horseshoe and Great
Boulder Proprietary exhibit large gains. New South
Wales records the most marked loss, its product
having dropped to 345,650 gross ounces from 509,418
gross ounces in the previous year.
Queensland reports only a very moderate decline in yield, the losses
having been in great measure offset by better results
in the Mount Morgan mines, from which over 20 per
cent of the colony's product is secured. The yield
of all the colonies in 1900 was 3,764,548 fine ounces,
against 4,105,526 fine ounces in 1899 and 3,235,638
fine ounces in 1898.
Below we give tables indicating the product of each
colony, the first table in gross ounces and the second
table in fine ounces.
The figures are in a few cases
in part estimated, but are no doubt close approximations.
In obtaining the fine ounces 8 per cent has
been deducted for base metal in each year since 1894,
but for previous years the reduction is a trifle more,
being estimated for each province on the basis of the
official returns made to us.

collectively

tion in Africa.

[Vol. LXXII.

1896. .740.680

331,352
272.386

land. Australia, Zealand, Australia,
531,096
30,003
180,968
21.541
616,710
27,886
231,837
26.404
545,051
218,401
54,785
35,867
562.049
101,132
206,862
30.844
621,000
190,561
303,810
32.976
581,147
212,992
270,012
43.556
587,155
242.634
258,764
26.684
743,294
633.515
231.512
9,197
814,652
968,187
257.762
18,400
871.816 1.518.36S
358,418
30.351
868,760 1.464.474
335.701
23,000

nia

tralasia.

17.965
44,497

1.518.690

39,817

1,6S8,238

34,377
53.243
60.567
57.579
55.876
68.995
70,462
86.800

1,453,178

1,711,892

2,020,180
2,170.506
2,185,872

This indicates that the entire production of the 1897. .747.744 268.840
2,690,278
3,236,fl33
African mines for the fourteen years since the first 1898. .770,277 314.385
1899. .793,418
468,805
4.106.526
opening was made has been 21,456,082 fine ounces, 1900. .742.816 817,998
3.764.648
valued at £91,141,173. The recent activity of the
Canada. As a result of a gain of some 226,000
Boers does not promise a speedy cessation of hostili- fine ounces, bringing up its output in 1900 to 1,257,ties, and until peace is concluded not much improve- 752 ounces, valued at $26,000,000, Canada has been
ment in the working of the Transvaal mines is looked able to pass Russia as a gold -producing territory, and
for.
Reports during the year, from time to time, now stands fourth among the countries of the world.

—

indicated that generally the mines were in good condition, very little damage to machinery, &c., having

been done. But a mining engineer who returned to
Cape Town from Johannesburg late in July reported
that fully six months would elapse before the mines
would be in full working order. At that time the outlook for peace was somewhat more favorable than at
present, and his report was evidently based upon the
idea that the war was over.

of the increase comes from the Yukon or Klondike district, but a fair measure of addition is shown
by the returns for British Columbia, Kova Scotia,

Most

&c.

We

say that

Canada now occupies fourth

posi-

in reality that country is at present third
consequence of the meagre yield from the
South African mines. But as the conditions which
produced the disappointing result in Africa are abnormal and temporary, and as a decided change in
tion;

in

February

THE CHRONICLE.

16, 1901.]

317

Mr. Roberts's (Director
degree than in recent years.
Canada is not likely to hold the third position long. of the Mint) estimate indicates that the United
At the same time, with the rapid increase in the States increased its contribution to the world's supply
Klondike and the evident fact that the limit of pro- by nearly 5,000,000 ounces in 1900. Our latest advices
duction has by no means been reached in the ex- from Australasia denote that from that quarter the 1899
treme Northwest, where development is constant and output was exceeded to the extent of about 1,000,000
On the other hand the Mexican yield as well
rapid, it would be unsafe to predict what will be ounces.
Canada's future as a gold producer.
The results for as the aggregate included under the head of "All
the whole of Canada for the last nine years in fine other Countries " would seem to have undergone little
those results

sure to occur as soon as'the war closes,

is

ounces and values are as follows. For the estimate or no change. On the basis of those statements the
we are indebted to Mr. G. M. Dawson, Direc- 1900 result would therefore be the heaviest in the
tor of the Geological Survey of Canada.
We give below a statement
history of silver-mining.
covering each year since 1891. See Chronicle of
Values.
Ounees,
Canada's production in 1892
$907,600
43,903 Feb. 11 1899, page 258, for figures back to 1871.
for 1900

" 1893
" 1894
" 1895
" 1896
" 1897
" 1898
" 1899
" 1900

Canada's
Canada's
Canada's
Canada's
Canada's
Canada's
-Canada's

Canada's

Russia.

927,200
1,042,100
1,910,900
2,817,000
6,089,500
13,838,700
21,324,300
26,000,000

44,853
50,411
92,440
136,274
294,582
663,445
1,031,563
1,257.752

— From

such information as we have been
able to secure, we should judge that the output in
1900 from the Russian mines differed but little from
that for 1899, which in turn was somewhat less than
that for 1898.
sult

attained

the unsatisfactory redue to interference with placer-min-

It is stated that
is

ing on the tributaries of the Amoor River by the
disturbances in Manchuria and Eastern Siberia. A

removal of the cause
addition to the yield.

SI liVER.—WORLD'S PRODUCTION IN OUNCES AND STBRLING.
Dnlted
Pine
Ounces.
1891
1892
1893
1894
1895

—We are

46,962.73'' 12..507,335

63,500,000

...

60.000,000

1900 (est.).

59,610,543

68.831.80/
5.3.860.000

Total.
Ounces.

£+

33.916.175 137,965.412

25,900.278

36.4»6,175 152.939.986

20.370.518

41,228,063 166,100.277
53.140.e96 167.752,517

21,655,510
20.826.410

53,»88,231 169.180,219

21.059,418

10.!i68.888 )67,0«1.370
44,431.»93 161,073,173
61.560.764 173.287.8«4

19.959,888
18.8«5.600
19.488.135

44.161.000 187.224.213

19.161.112
20,415,218

15.718.9S2 1'<'.2»H,700
63.903,180 11,8:8,'>00
.56.738,000 10.491.100
55.612.090 12.686.6.53
56 000,000 13,600,000

45,000.000 171,210.543

are commercial values and are eomt Values of silver In this table
pnted on the average price each year of silver as given by Messrs.
Plxley & Abell, London. Value of & in this table $4-8665.

RAILROAD GROSS EARNINGS FOR
JANUARY.
The

$24,702,212
27,808,201
24,103.396
28,894,360
21,535,757
23,245,666
25,463,337
22,167,100
22,738,980

65,726.945

...

64,488,000
54.764.500

folloAvs.
Russia's production In 1892
Russia's
'<
" 1893
Russia's
"
" 1894
Russia's
"
" 1895
Russia's
"
" 1896
Russia's
"
" 1897
Russia's
"
" 1898
Russia's
"
" 1899
Russia's
••
" 1900

49,500,000

..

68.330.000

1896
1897
l«98
1«99

expected to be followed by an
The exhibit for nine years is as
Ounces.
1,199,809
1,345,224
1,167,456
1.397,767
1,041,794
1,124,511
1,231.791
1,072,333
1,100,000

...

35.719.237 10.000.000
39.5Ot.800 1.3.439.011
44.370.717 20,601.497
47,038,:i81 18.073.440

...

ToUl
Valaea.

Other

Total •91-'95.287.058.945 213.595.873 71,521.283 218,764,340 793.93^.411 117,212.128

is

Yaluea.

All

Anstralla. Producers.
Ounces.
Ounces.

Mexico.
Ounces.

States.

Ouvcen.

first

month

of

new year

the

gratifying showing of railroad

upward movement

presents a very

gross

earnings.

The

revenues of our railroad
transportation lines, which has been in progress so
long, is seen to continue unchecked.
Considering
the handsome gains recorded in January of other
years, a break in the upward tendency could have
of the

occasioned no surprise.

numerous and

As

it

the gains are as

is,

and noteworthy as on previous
occasions before comparison was with such heavy toMexico's gold output has probably decreased to a
tals
that is before the totals had been raised by sucmoderate extent. The 1900 returns at hand indicate
cessive large increases to their present proportions.
the yield to have been about $8,682,156 or 420,000
In a word, the expansion of the gross receipts of our
fine
ounces, which compares with $9,302,310 or
public carriers has lost none of its progressive char450,000 fine ounces in 1899 and $8,500,000 or 411,187
acter.
fine ounces in 1898.
Our compilation comprises 107 companies operating
India. Almost all the gold produced in India
in 1901 101,882 miles of road.
On these lines the incomes from about a dozen mines located in what is
crease over last year reaches more than 4^ million dolcalled the Colar Field.
But the output is constantly
lars—in exact figures $4,274,978, or 7*94 per cent. The
increasing, and in 1900 reached nearly 500,000 gross
significance of this further addition to receipts will
ounces, or about double what it was in 1895.
The statement of yield given in gross ounces has appear when we say that the favorable result noted has
been reached notwithstanding that comparison is with
been as follows for six years.
figures in 1900 which for amount of gain disclosed
KA8T INDIA—GOLD PRODUOTION PRINCIPAL MINES.
ranked among the very best ever presented by us in
1900.
1899.
1898.
1897.
1896.
1895.
Ounce Ounces. OuncM. Ounces. Ouncei. Ounces. any monthly exhibit.
Our statement then showed no
Champion Reef
161,063 159.101 140,153 123,926
85.995
70,963
OoreKum
less
than
improvement,
or 15 14 per cent.
$6,671,118
8J.357
61,282
62,585
55,819
65,575
70,349

Mexico.

somewhat surprised

to find that

as large

—

—

i.

Mysors
Nundydroog
BalaKhat Mysore
Mysore West and Wynaad
Coromaudel
Mysore Reefs
Yerrakonda
Nine Reefs
Mysore Gold Fields
Wondali (Deocan)
Road Block

.

. .

163.135

156.786

159,374

127,567

107,781

63,441

47,737

13,664

41.534

56,377

11.925

38.623

15.509

7.555

414

176

2.851

30(1

6,0ii6

4,358

6.225
8.160

10.349
12,«00

6.100

3,970

2.852

613

1,973

6.679

3,503

245

6.296
1,073

The

present^increase of

4:^

million dollars follows this

exceptionally large gain in 1900.
follows

More than

1899 over 1898 and

$2,942,463 increase in

Below we give

*6,043,668 increase in 1898 over 1897.

84
5,875

1,661

2.440

224
1.798

l,i>m

7,828

2,438
1.894

1_62»

104

495.^40

118.075

62
320

1,%«6

the record for the last five years.
MUeage.

117.124

389.779

321.878

Tear

250.U4

JBarningt.

Veor

r»at

Pr«c«ding

eioen.

1

SILVER— PRODUCTION OF THE WORLD.
As we have often remarked,

Januarv.
it

has been impossible

of late years to

obtain in the case of silver as early
estimates or returns of production as are procurable

That statement

is

I

true of 1900, but in lesser

1897
1598
1599
1*00

(119 roads).
(ISO roads)

(12? roads)
(1(9 roads).
IHOI (107 roads).

MiUs.
65.^71
lCO.o:i

MUes.
94.:

08

84,977.<<29|

99,038

4i.627.1«-l

97,859

9rt,«70

44.S60.SfS

99.9.

97.759

60.727,71^1

101.882

9l>,(X>9

5S. 137.266

or

ea»

I

for gold.

that, it

Preeedint.

DtertmM.

9
87.6E0 T'O Dte.
?d 1-^.610 Inc.
11417 800 Inc.
4J.06H.67ii/fM.
S3.SJ1!«88 Inc.

2.518,101

8.0iS,eW
e.<MS.««S

6.671.113
4.274,973

-

.

THE CHRONICLE.

318
The

conditions were such as favored continued ex-

movement

[Vol. LXXII.

also there

was

advantage

little

— 876,610

pansion in revenues. Our industries were maintained head of hogs were delivered in 1901 against 880,896We may add that the
in a state of great activity, giving the railroads a last year and 846,279 in 1899.
and
live-stock
freight
receipts
as
comprised
a whole
25,877 carheavy traffic in merchandise and general
making passenger travel large. As far as rates are loads in 1901 against 25,472 car-loads in 1900.
concerned, tariff schedules were adhered to with unBBOEIPTS AT OBIOAOO DDKINO JANUABT.
conditions
usual precision. At the same time weather
January.
were extremely satisfactory, the same as the previous
1901.

1900.

1899.

1898.

1896.

1897.

consequence from snow
877,530
Wheat bush. 2,491,511 1,476,768 2,924,964 1,006,844
664,437
blockades being reported anywere. Nevertheless there Corn... bush. 11,148.998 9,086,822 13,918.361 8,081,784 4,210,268 8.437,679
7.7e2.S87
Oats... bush.
9,608,434
7,966,829
6,512,20i
7,041,301
7,882,505
were not wanting some untoward circumstances. In Rye ...bush.
229,226
160,088
101,680
441,626
241,960
196,373
the South the cotton movement did not equal that of Barley.bush. 2,033,170 2,212,998 l,48ii,450 1,649.612 1,333,637 1,340,749
Total grain 25,440,186 20,971,137 26.808,602 18,742,685 12,815,817 18,623,425
1900, which had been much below that of the two
1,170,616
Flour.. bbls.
1,018,146
822,227
707.674
312,039
188,323
146
484
10
106
228
In the West the volume of the Pork....bbls.
357
years preceding.
Cutm'ts.lbs. 14,176,268 17,041,005 16,001,880 19,349,797 12,246.356 17,030.780
grain receipts was heavier than in 1900, but much Lard
6,887,380
lbs.
6,900,868
8,295.614
7,^91,701
6,608,370
6,611.785
846.2'; 9
876,610
880,898
707.698
767,846
763,904
smaller than in 1899, and in the spring-wheat sec- Live hogsNo
tions some of the roads sustained heavy losses in
As to the cotton movement, the receipts at the
short
wheat
season's
revenues by reason of last
Southern outports amounted to 714,782 bales the

year,

no interruptions of

present year, against 722,526 bales last year, 826,870

crop.

and rye together, bales in 1899 and 1,030,393 bales in 1898.
The overthe receipts at the AVestern primary markets for land movement makes a hardly better comparison,
the five weeks ending February 3 were 63,556,493 the shipments at 222^256 bales for 1901 contrasting

Taking wheat, corn,

oats, barley

bushels in 1901, against 52,583,240 bushels in 1900.
The wheat receipts aggregated 16,136,040 bushels,

with 203,647 bales for 1900, but with 323,563 bales for
1899.

It will not escape notice, BBCEIPT8 OF COTTON AT 80UTHEBN POBT8 IN JANUARY,
1899. 1898, 1897 AND 1896.
however, that at Minneapolis the wheat deliveries
were only 7,151,300 bushels, against 8,247,290, and
January.

against 13,119,113 bushels.

that at Duluth there was also a

loss.

The

Kansas

Ports.

decreases

here obviously reflect the spring-wheat shortage in
the Northwest. On the other hand we have in the
large gains in the wheat receipts at St. Louis and at

and also at Chicago, evidence of the part
played by the phenomenal wheat crop harvested in
Kansas the late season in swelling the grain movement and thereby railroad revenues. The details of
the grain receipts in our usual form are shown in the
City,

bales
Qalveston
Sabine Pass, Ac.
New Orleans
Mobile

152,116
24,013

249,828

247,342
34,419

Pensacola, &c

Brunswick, &o
Charleston
Port Royal, &o

OMcago—
1901
1900

Flour.

Wheat,

Corn,

(bbu.y

(buth.)

Ibush.)

1.08»,B64
1,879.340

8,649,661
1,666,618

136.175
66.586

871,500
665,800

5Sl,40Ci

203,810
163,590

1,474.111

Oats,
(bush.)

2.

Barley,

Rye.

(bush.)

{bush.)

11,747,3B3 10,146,240
10,267,464 8,649,098

2,108,683
2,427.748

175.471
239,V36

288,360

853,200
1,027,200

1,218,150
1,619,700

126.000
132,300

847,333

3,080.330
1,858,085

1,329,835
1,566,180

188,260
320,860

60,250
50,260

111,729
77,210

843,960
186,»S3

1,861,196
2,163,603

319,981
264,000

64,500
69,600

40.318
19,391

2«,90P

157,546
179,92!

549,164
409,096

251,402
1S3.163

69,868

16.b66

817,039
162,334

1,705,808
1,004,020

821,196
768,8^4

39,200
49,400

8,486,4C0
1.741,250

1,207,300

741,300

271,900
873,t50

25,400
19,200

791,823
952,57t

1,881,839
373,20B

250,148
10,377

14.92E
68,789

28,771

7,151,300
8,247,290

1,812,150
902,610

1,176,670
848,070

167.590
830,890

34,010
40,560

2,489.900
762,000

1,070,000
879,000

308,200
214,000

Milwaukee1901
1900
St.

Louie—

1901
1900
Toledo—
1901
1900

12,601

19D1
1900

123.461
70,251

lotalofall1901
1900

41,87i

l.eS4,93
1,701,40C

16,186,040
13,119,113

26,266,170 16,663,067
19.838,721 14,111,212

20.4 18

474,820
64.6,204

ment

and
move-

larger receipts of wheat

also larger receipts of corn

at that point, while

and

oats, the grain

much ahead

of

that for

January 1900, was not quite equal to that for 1899.
Here are the figures bearing on that feature, the
results being for the exact

month

25,876

85

3,639

6,684

12,68f

17,274

18,884

43

84,107
71

94

77

34,956

49,294

184
57,728

1,293
17,126
166

6.786
23,688
S,81«

48,526

49,43r

1,680

7,300

1,344

in all the years.

It

will be noticed that altogether 25,440,196 bushels of

grain were brought in at Chicago in January 1901, as
against only 20,971,137 bushels in January 1900, but as
against 25,808,602 bushels in 1899.
In the live-stock

29,602

23,603
119,721

31,656
107,308

18,622
21,903

722,526

2,680

1,664

54,206
11,016

826,870 1,030,393

683,231

494,091

roads with very noteworthy increases

is

amounts

of

number

of

large, as will

appear from the following.
Increases.

&

Ohio

Northern Paciflo
SontUern Railway
Texas & Pacific

Wabash
Louis Southwest...
Louis & San Fran.
Louisville & Nashville
Choc. Oklah. & Quit..
Illinois Central
Norfolk <& Western....
8t.
St.

Ohio. Mil.

& St. Paul..

N.Y. Central
Central of Georgia....

& Western.
Fere Marquette
Nash. Chat. & St. L...
Bur. Ced. Rap. & No..

Tol. St. L.

Though Chicago had

41,816

714,788

Kan.O.Ft.Sc.&Mem..
Chesapeake & Ohio..
4,017,996
4,969.990

10,607

21,992

Jco

Missouri Paoltio
Mo. Kane. & Texas...

DuluthIflOl.rr

1900
Minneapolis—
1901
1900
Kansas Oitv—
1901
1900

83,861
18,388
186,048
30,690
3.103
60.084

there being only four roads altogether for
On the other hand, the
$30,000 or over.

Baltimore

Peoria—

226,884
10,159
452,804
61,556

44,474

BARNIN08 IN JANUARY.
Increases.
$63,760
$445,148 Minn. & St. Louis

PBINCIFAL CHANGES IN

Cleveland—
1901
1900

1896.

114.968

In the case of the separate roads, a loss of $101,071
by the Canadian Pacific, of $57,044 by the Great
Northern system and of 131,738 by the "Soo" road
bears testimony to the effects of the spring-wheat
Nevertheless the decreases are limited,
shortage.

Detroit

1901
1900

14.252
284,08e

1897.

24,614
103,716
38,926

100,588
14,932
13,912
143
14,063

Norfolk....

218,1 54

1898.

214,956
38,834
16,666
77,S31
10,08b

8,933

23,298

Barannah

Wilmington
Washington,

1889.

243,160
10,0C6

Total.

BECEIFTS OF FLOUB AND OEAIN FOB FIVE WEEKS ENDING FEB.

1900.

1901.

Newport News, &o

following.

1901, 1900,

GROSS

377.678
341,832
320,317
253 .648
230,954
204,100
174,881
166,467
163,282
158,186
152,332
123,422
119,208
118,247
107.755
103,252
98,297
80,660
79.946
72,053
65,039

Mobile

& Ohio

Yazoo A Miss. Valley.
01ev.Cin.Chic.&St.L.
Iowa Central
Kan. C. Mem.& Birm..
Chicago AEast 111
Ft. Worth & Rio Qr.
Buff. Rooh. & Pittsb'rg
Texas Central
.

Internat'l

&

Gt. Nor...

56,659
49,906
49,833
49,833
39,294
37,656
33.435
31,221
31,346
31,195

Total (representing
33 roads)
$4,430,943

Decreases
Canadian Pacific
Mexican Central
Gt. Northern System.
Minn. St. P. & 8. St. M.
Total (representing
6 roads)

$101,071
70,397
57,044
31,738

$260,250

In order to permit comparisons not only with last
year but with the years preceding, we annex a series
of tables showing the earnings back to 1896 of the
leading roads arranged in groups. "While the further gain in 1901 in the Northwestern group by
reason of the spring-wheat shortage is small, the
Southern and Southwestern groups are distinguished
for quite heavy added increases.

Februabt

THE CHRONICLE.

16, 1901.]

BARN1NG8 OP NOBTHWB8TBBM AND NOBTH PACIFIC GHODP.
1901.

1899.

19C0.

t
426,007

360,986

2,081,000

2,152,071

Ohio. Gt. West....

627.3S2

522,987

363.472
1.884,670
448.445

Chlo.Mll.iSt.P..

3,318,667
152,282

3,210,812

2,950,410

Bnrl.0e(l.R.a6

Caaadlan

No

Pacific.

1898.

1897.

t

1

i

t

1

177,296

16^,304

261.3U

197,661
338,260

172,781

802,964

299,107

t
392,706

1.672,871;

1,312.924

1.474,798

318.160
858,153
2.010,450 2,829.623
B7,633
114,128
132,816
1,886,414 1.031,415 1.112,4bl
133,728
146,512
263,083

114,932
127,477
188.h30

North'n HaclHc.j *2,83350e 2.013,189 •1,682.378 »1,52G,620
j
114,407
98,255
108,102
Bt.PanlADul.S
364.955
354,222
381,896
406,985
Wisconsin Cent'l.

167,472
146.878
240.081
968,868 1,163,922
90.787
88,625
872,495
281,788

8,709,464

6.822,928 7.896,843

Iowa Central
Mlnn.& St. Louis.
M. St. P. & S. 8. M.

304,512

227,271

11,936,589 11,613,262 10,083,569

Total

OR088 JEARNING8 AND MILEAGE IN JAlfUABY.

369,23ti

1,651,263

327.128

1898.

Qro$» Earnings.

2,881,297

162.056

167,148
Duluth8.8.*Atl.
Great Northern.. tl,927,949 tl,«84,993

and 1897, and Chicago & Texas for 1900. 1899 and 1898. Resulu
on Yaioo Branch are not included for 1900, 1899 and 1898.
+ These figures are .simply the totals on the Chicago A West Michigan, Detroit Grand Rapids & Western and Flint & Pere Marquette.
1900, 1899, 1898

t

January.

319

Ifame of Road.

Alabama Gt.South'n.
Ala.N.O.&Tex.PacN. on. & No. East..
Ala. <fe Vicksb
VlokBb. Shr.&Pac.
Ann Artior

Atlanta Knoxv.&No.
ValdoHta AW...
Ba timore & Olilo. )
Bait. & O. So'wn. 5
Bcllefonte Central.,
dull. Booh. APlttsb..
Burl. Ced. R. ANo...

Atl.

Includes proprietary lines in these years.
t In these years includes tlie earniuKs of Spoliane Falls
•

&

Northern.

BAKNIKGS OF 80UTHWE8TEBN GBOCP.
January.

Den.&RloGr.

f

t

«
820.000
409,789

799.800

727,766

644,627

378 614

331,295
401,689

1,860,674

0,567,398 6,503,833

6,808,661

425,854
1.012,019

1,007,628

1,024.492

io.P.<kIr.Mt.
a. Gr. West
Bt. li. & S. Fr.

2,861.668

2.483,830

2.187,407

348,800
810,624

372,600

236,311

2,205 681
231,583

624,812

677.712

650,157
502,831

604,670

Bt.L. Southw.

502,554

478,494

1.017,983

786,629

718,119

714,716

8,850,929

7.412,214

6,700.816

.

V«zas&

Pao.

Total

t

485.106
268,672
357.981
959,661
1.884,890
176.795
415,640
890.739
615,480

645,062
1.353,861

Mo. K. & Tex.

Central of Geor<?la..
Chattan. Southern...
'ihesapeake & Ohio..

1886.

t

f

336,662
380,876

I]lt.&at.No..
K.0.F.8.& M..

1897.

1898.

1899.

1900.

1901.

669,586
+270,809
388,089
1,016,889
160.259

492.850
438,260
006,482

Oalo. <t East Illinois.
Ohio. Great Western.
Ohio. Ind. A Loulsv.
Ohio. Mil. A8t. Paul.

A Bt.L.
St. L.Chic. A 8t.P.

Uhlc. Peoria

Chlo.

Ohoo. Okla. A Gulft.
Cln. N.O. A Tex.Pac.
Clnn.Portsm'th A Va.
Olev.Cin.Ch.ASt.L..
Peoria A Eastern ..
Olev. Lorain A Wheel.
Coi. 8aDd. A Hock'g..
Den V. A Rio Grande
.

+

Galveston Houston

Dul. 8o. Shore A Atl..
EastSt. L.
Caron..
Elgin Jollet AEast..

&

& Henderson included for this year.

BABNING8 OF BODTHBBN GBOUF.
January.

1901.
S
199.672

Alabama

Gt. So.
<0«nt. of Georgia..

1899.

1900.
t

182,804

$
158,636
609,214

A Indlanap.
A T. Haute..
Ft. Worth A Rio Gr..
Ga. South. A Florida
Evansv.
Bvansv.

1898.

X897.

t
106,280

135.174

1880.

t

1
124,897

r. Trunk of Can...

660,826

522,098

608,030

1,101.250

924,41(

864,36:^

918.24f'

410,733
634
184.686

4.30.541

366,716
131,544

332,885
144 018

263,282

149 684

145.131

276.502
154 2-4

145,891

131,337

139.405

116,174

116,568

2.555,685

2.392,803

1,028,687

1,S07.684

1,602,516

1,6S8,6H7

Ohio....

+699,60C

373,134

462,072

463,,598

1,290,984

1,167,562

615.038
961,665

322.798
413,051

289,922

•706,103

t542,841
*684,056

+408,800

NaBh.Chat.& 8t.L.
KorfolkA West..

Central.a
A Gt. No..
Interoceanio (Mex.)..
fowa Central
Iron Railway

915,747

882.070

975.683

Kanawha A Mich

c2.885,574 c2,631,926

02,256,908

1.862,630

iU9

Georgia

Kan.C.Mem.&Blr.
Iiouisy. & NashT,

Mobile*

Southern Ry... i
Memphis Dtv.S
St. Louis Div...
Total..
t Includes

162,162

117.219

119,884

11,013,871 10.081.385

8,401,173

7,789,766

103,176

Montgomery Division

C

1565983 1,630.954

i 101,966

122,015

93,082

108.880

7,072,836 7,424,197

Figures for 1901, 1900 and 1899 include South Carolina & Georgia, Mobile
Birmingham and 161 miles of Atlantic & Yadkin and Atlantic & Danville.
• Includes Paducah & Memphis Division in both years.
* Figures for January, 1901, not reported taken same as 1900.
e

&

;

BABNIN08 OF TBUITE LINES.
January.
Bal.

& Ohio

1901.

1900.

1899.

1898.

1897.

1896.

$

$

$

$

$

$

3,896,169

3,650,011

C.C.C.AStL

1,851,022

1.801,189

Peo.<!tEast

219,547

203,978

B.&O.S.W.

G.T.ofCan.
Gr.T.West

[

> 2,225,878

523,648

605,648

|(72,483

489,817

1,098,573

1.056,721

1,102,260

145,055

147,016

126,407

154,799

1,550,985

1,292,160

1.827,862

2.222.200 <

850,395

294,016

'

71,062

70,079

267,969
72,644
3,433.144
976.806
9,643,223

4,250,319
1,314,688

3,789,861

3,107,808

1.518,683

1.183.488

941,762

18,863.&00

12,847,275

10,799,786

10,087.205

9,14!^,253

4,353,671

1,817,932

1,041.832

246,522
75,199
3,093,848
686,059

N.Y.C.& H+
Wabash....
..

1,950,841

r 1,584,926

D.G.H.&M

Total.

2,070,430

2,199,544

(

tlnclude,s after July 1,1898, the Beech Creek RR.and the Waliklll Valley
after May 1, 1899, the Fall Brook system.

RR. and

BARNIN08 OF MIDDLB AND MIDDLB WB8TBBN BOAD8
January.

Ann Arbor
Buir.Roch.

ci

Pitts

1801.

1800.

1899.

1898.

I
148.241
416,970

148,041

«
124.207

S
142,186
233,199

885,749

297,866
398,234

Chicago & Bast 111.
Chlc.Ind.&Louisv.
Clev.Lor.JtWheel.
Hlgin Jol. & Bast..

608,474

Evansv.ATerreH.
Hocking Valley...

115,253
870,334

301,898

142,215
101.934
229,486

lUlnolB Central *..

3,064,711

2,912,379

2,423,798

Fere Marquette...
Plttsb'g* Weit'n,
Tol.4 Ohio Cent..
Tol. Peo. ft West.

634,3u9
279,946
201,763

564,863
231,316
196,831

513,710
820,701

90,892
221,880

89.304

80.806

144,280

148.794

236,084

227,084

Tol.St.L.

311,738

143,549
102,881)

iWest.

A L. Brie..
Clev. Can. & So..

470,818
322,930
165,212
178.628
112,712

Wheel.

Total

1

244.100
126.116

188.628

«

113.490

5J.745
E319i
-~^._- —
0,645.037 5,362,890 5.024,226
l

--— —

6,914,924

356,475
225.358
129,019
117,642
96.456
206,8»8
2,276.720
+453,828
188.893
147.712
75,691
146,574
128.918

-

18(6

1897.
<
98,590

t
85,650
265,914
361.422

250,438
338,389
195.606

233,419
93,864
107,342
98.300

86.980
76,971
65,251

178,097

202,6:)4

1,898,262

1, 920.629

+395,424

+4a8.0S9
188.770
144.450
88.495
155.636
100,580
41,893

161.7 9-j

145,044
71,204
163,148

76,888
41.718
-

_.^^

-

_-—

rears.

The Chesapeake Ohio

St,

St. Louis Alton & Terre Haute for all the
Southwestern and Ohio Valley are included for

310

172,131
93.5841
86,3611
148,241^
37,001
23,831

183,261
83,052
67,618
146,041'
32,103

—11,130

1961
1431
I881
2921

Kan.O. Ft. 8. A Mem..
Kan. C. Mem. A Blr
Kan. City Northwest.
Lehltrh A Hud. River.
Los Angeles Term'l..

Loulsv.Hend.A 8t.L.
.\iaoon

A Nashville..
A Blrming'm.

Manlstlaue
Mexican Central
Mexican National..

Mexican Railway
Mexican Southern...

3,110

416,970

385,749
3t0.968

+ 31,221

30
472

+65,039 1.170
—101,071 7,438
+98,297 1,680

1.136
6,952
1,540

426,00''

113,012!
353,453;

22,0231

115.253
63,121
108,429

4,741
7.S481

545.062
184.685
35.455
38.814
13,087
66,987
2,555,585
11,535
7,380
1,457,452
602,023

335,200
2/51,833

11,170
816.621
677,712
160,610
62,943
73,084
67,923

Peoria...

Tex. Sab.Val. &N.W.
Tol. A Ohio Central..
I'ol. Peoria A West'n.
Tol. St. L. A West....

Wabash
Wheel. A Lake Erie
Clev. Can. A 8o..$
Wisoonsln Central..

Yazoo

A

Miss. Val...

550,825
8,236
1,101,250
470,818
522,987
322,930
3,210,812
139,188
100,350,

195,267
430,541
28,365
1,351,0^2^ 1,301,189
208,973
219.547
143,549
165,212
85.122
80,893,
820,000
79:»,S00
167,14f'
152,2621
13,389
13,500
162,386
178,626

108,034'

A

2,152,071

410,733
28,004

8t. I,. Kennett ASo..
St. Louis
3. Fran..
St. Lotiis Southwes'n
St. L. Van.
T. H...

Haute

3,550,011,

30
472

8t.Jo8.

Texas Central
Texas A Paoitto

228
118
3,200

d

T.

+4.898
+5,939

—651

.

Southern Railway...
8t. Louis Division.
T. Haute & Indlanap.

17,892,

196
143
188
292
228
114

+ 10,532
+ 18.743
+ 2,200
+ 445,148

Minn. A St. Louis
261,311
Mlnn.8t.P.A8.Ste.M.
304.512
Ho. Kans. A Tex. sys 1,353,851
Mo. Pao. A Iron Mt.. 2,764,940
Central Branch
96.618
Mobile Jack. A K. C
10,598
Mobile A OhioJ
599,600
Nash. Chat. A St. L.
706,109
N Y.Cen.AHud.Rlv.. 4,353.571
Sorfolk A Western.
1,290,984
Northern Paclllo
2,333,5061
Ohio River
100,4211
Pere Marquette
634,309
Plttsb. Bess. A L. E
128,148
Pltteb. A Western.
Pittsb. CI. A Tol
279,945
Pittsb. Pa. A Fair
Rio Grande South'n.
42,030
Rio Grande Western.
348,800

A Gr. Island..
A
A
Ban Fran. A No. Pao.
banta Fe Pres. A Phx
8her. Shrev.A South..
So. Car. A Qa. Kxt...

1900.

4,622

175,ai4
370,334
3,064,711
409,739
313,500
227.128

Illinois

;

3,971

3,995,159

Montana Central..
Internat'l

26,134l
112,712,
29,6861
109.285j

2,222,200

1,597,560
173,822
213.611
361,393
2.912,379
378,544
311,870
177,295
6,794
63,089
425,854
145,391
35.812
41,914
7.316:
52,4751

2,392,303'
6.089i
8,121
1,527,8491
609,973j

338,100
y42.739
197,551
336,250:
1,012,019:
2,389,959,
93.921,
8,14l'

542,941
634,056!
4.250,319
1,167,.562

2,013 189
100,OJ9
554,363
108,558

105

105

1,476

1,445

+37.656

711
929
546

648
929
546

+107,755 6,542
292
—25,631
103
+ 12,662
632
+158.186
—19.808
836

6.397

+4,:i75

— 11.1«7

—361

111

292
94
563
336
111

+49,833

1,891

1,838

+ 10,574

352
192
273

352
192
273

1,675

1,673

589

589

13
194

13
194
146
168
146
285

-21,661
—4,229
+20,200
—14,886

+ 111

—16,240
—4.111

+ 2,541
+33,435

—856
+3.S78

146
162
146!
285j

4,042! 4,042

-48,137 4,698 4.549
353'
304
+29,390
262'
262
—38,297
346
346,
+8,941

+ 152,332
+31.195
+1,6^0
+49,833
—2,053

+ 12,392
+ 119,208
+39,294
-57

4,265' 3,996

510i
20!

1721
973'

277
174
90
50
166

-3,100
+5,271
+4,512
+163.282 3.154
97
+5,466

-741

—70 897
—7,950
-2,900

2,054
1,323
321:

+9,«'94

2601

643
+63,760
—31,733 1.278
388
50
876

383
50
876

1,195
2,829
1,555
+ 320,317: 5.560

1,195
2,836
1,551
5,167

+3921
224
+79.9461 1,766
203
+ 19,590

1,766

+374,981
+2,697
+2,457

+ 56.659
+ 72,053
+ 103,252
+ 123,422;

40,254i

+ 1,776

+ 14.817'

610i
312'

60.039!
89,929,
39,941'

236,091

227,084;

40=i,98'^!

381,896
500.652

321
228
508
1,278
2,197
4,938

180

152,297

97
59
2,016
1.266

2,222
4,938

+ 341,832

-1,370

650.157,
502,8311

3,033

59

281,315

372,500
93,217
8.500

775
555
510
20
172
973
277
17i
90
50
166

775
555

352'

21,611
23,819|
2,885,574 2,631,926
152,1521
163,176
liJ4,029!
135,915
44,2691
41,657
65,0861
33,740
786,629
1,017,5831
12,0001
10.280
195,831
201,753!
86,364
96,292,
144,220
224,880
1,518,683 1,314,583

550,558:

-940

+ 118,247

—23,70'

+2,670

+ 166,467

224.

203

180
584
312
44

44
1,691
1,258

1,402
1,258

+174,881
+8.313
+2.904
-16,845
h27.982
+2 008
+253,648

158
165
224
201
182

158
165
224
155
182

6,434

6,414

+ 11,0241

374

374
80
174
176

-11.8861

80
174
+2.612
227
+ 31 346
+ 230,954 1,517
38
+ 1.720
+5.922'
371
248
+9,928
451
+80,660
2.358
204,100
+
464
+ 9,010

1,493

33
371
248
451
2,328

950

464
950

+ 49,906, 1,030

1,001

+24.039

& Memphis Division la both years.

*

Includes Paducah

t

Earnings are for railroad only.

in both years.
Evansville Included in 1901 but not In 1900.
y For three weeks only of the mouth in both years.

Montgomery Division included

a Peoria Deoatur

352

58,137,266!53,862,288 +4,274.9781 101899 99.069

Total(107 roads).

t

Includes the operations of the

3101

20.^,212

Hockln g Valle y

-

4,262.750 4,607,392

+15,768

Eastern of Minn...

Loulsv.

for these years.

18^,8041

)

649,122

522,551
840.124

198,572

Trunk West.. > 2,225,878
Det.Gr.Hav.AM.)
't. No.— 8. P. M. A M.
1,549,423
Gr.

1,219,497

Ohesap.&Ohio...
Oin.N.O.&Tei.P.

1900.

113,507

Term. Tr. RR.

Increase or
1901.
Decrease.

1901.

2,051,000
649,122
7,296
1,219.497
508,474
527,362
311,733
3,318,567

Canadian Pacific

UiUage.

A

THE CHRONICLE.

320

ITEMS ABOUT BANKS. BANKERS AND TRUST

— The sales of
of

which

COS

bank stocks this week aggregate 181 shares,
were sold at auction and 50 shares at the

131 shares

[Vol.

LX2IL

corner of the Boulevard and

One Hundred and Thirteenth
have been opened the Corn Exchange will have eight branch banks.

When

Street.

this shall

—

David H. McAlpin died in this city on Friday last in the
Stock Exchange.
Transactions in trnst company stocks
eighty-fifth year of his age. He attended a meeting of the
reach a total of 102 shares. Western National Bank stock
Directors of the Eleventh Ward Bank on Tuesday and was
has advanced from 404 last November to 524, the price paid
then stricken with apoplexy, from which he did not recover.
this week for 10 shares. The value of City Trust Co. and
Mr. McAlpin was one of the most prominent tobacco manuUnited States Trust Co. stock has risen 25 and 21 points,
facturers in the country. He was a Director in the National
respectively, as shown by sales made this week.
Bank of the Republic, in the Eleventh Ward Bank, in the
Shares.
Banks—J^ew Tork.
Priet.
La$t Previous Sale
15 Amer. Exchange Nat. Bank
Feb. 1901— 248% Union Trust Company, the Home Fire Insurance Company,
248
*50 Commerce, Nat. Batk of
Feb. IPOl— 321
321
Manhattan Life Insurance Company, German-American
16 Corn Exchange Bank
385
Feb. 1901— 386
Real Estate Title Guarantee Company and in the First
10 Fourth National Bank
186
Dec. 1900— 184
80 Oriental Bank
lt;0\
Sept. 1900— 185
National Bank of Morristown, N. J. He was also a Director
10 Western National Bank
524
Nov. 1900— 404
Trust ( 'ompanies— iVeio Tork.
in the Union Theological Seminary. The Directors of the
15 City Trust Co
360
Dec. 1900— 335
32 North American Trust Co
24058 243
Feb. 1901— 23538 National Bank of the Republic and of the Eleventh Ward
55 United States Trust Co
1681-1682
Feb. 1901—1660
Bank on Monday adopted appropriate minutes.
* Sale at the

—

Stock Exchange.

Senator Aldrich has advised A. B. Hepburn, Vice Presideclared a reserve city. dent of the Chase National Bank, that no action upon the
The Comptroller of the Currency's certificate to that effect tax upon bank capital is possible in conference except to
was issued on Feb. 4 1901, under the provisions of Sections agree either to the House provision, which retains the entire
5,191 and 5,192 of the Revised Statutes of the United States tax, or to the Senate provision, which'reduces it one-half, or
as amer ded by the Act of March 3 1887. Kansas City has a compromise between the two provisions. Mr. Hepburn is
eeven financial institutions, including the Inter-State Na- chairman of a committee of the American Bankers' Assotional Bank with a capital of $1,000,000— the only national ciation having in charge matters relating to bank tax rebank. Four State banks, viz.: Armourdale State Bank of duction, and he has had much correspondence with the comCommerce, Commercial State Bank, Merchants' Bank and mittees of Congress concerning the pending relief measures.
"Wyandotte State Bank have an aggregate capital of $185,- This will account for the open talegram from Senator
Other institutions with banking facilities comprise the Aldrich above noted.
000.
American Investment Co., $100,000, and Kansas City Trust
At the annual meeting of the Cleveland Stock Exchange

— Kansas City, Kansas, has been

—

Co.,|25,0(0.

— A seat on the Stock Exchange was purchased

this

on February 1 the Board of Directors was unanimously reweek elected and the board in turn re-elected the officials who

by Charles

I. Gates, a son of John W. Gates of the American Steel & Wire Company. The price paid was |51,000, an
advance of |500 over the record price. This does not include
the initiation fee of §1,000. The seller of this membership

was Lawrence W.

bickley, of the firm of Bickley

&

Hop-

kins.

—The

Board of Directors of the Central Trust

&

Safe

Company of Cincinnati has elected Nathaniel H.
President of the institution.
Henchman
was
—The capital stock of the Old Town Bank of Baltimore,
Deposit

—David M. Minzesheimer. of F. J. Lisman «fe
week elected a member of the Stock Exchange.

this

Co.,

—In accordance with its u^ual custom, the American
Bankets' Association has gotten up in attractive and Eub
stantial book form the proceedings of the twenty-sixth annual convention of the American Bankers' AssociatioD,
which was held at Richmond, Va., October 2, 3 and 4, 1900.
The book

have served since the organization of the Exchange. Wm.
G. Mather is President, A. H. Hough is Vice-President and
F. B. Sanders resigned his office
J. Sherwin is Treasurer.
as Secretary but his successor has not yet been elected.

with

engravings of the principal
officers of this association, and in addition to verbatim reports of the addresses, it has the constitution and by-laws of
the association and a full list of its officers ani members.
is illustrated

steel

—Mr. Andrew Mason,

the veteran Superintendent of the
has been critically ill at his
home in Orange, N. J., with pneumonia, is convalescing, and
his many friends will be pleased to Jearn that he will soon be
able to return to his duties.

New York

Assay

Office,

who

—It has been reported that the North American Trust Co.'s
in Havana had severed its connection with this institution. This is not true. The Havana branch of the Trust
Co. is to be made the nucleus of the other branch banks in
Cuba, and though still managed under the direction of the

branch

from $150,000 to $300,000. It will be
remembered that the bank went into a receiver's hands on
December 26, but was subsequently declared to be solvent.
It is stated that the bank is to be changed from a State inMd.,

is

to be increased

The price of the new
on to the ^national system.
stock will be $12 00 a share to present stockholders, which
will net a premium of $2.00 a share (the par value of the
shares being $10 00), thus securing to the bank a^surplus from

stituti

that source of $30,000.

—Theystockholders' committee of the American National
Bank of Baltimore has given up the attempt to reorganize
the bank and has decided to go into liquidation. The committee explained, at a conference with Comptroller Dawes,that
while a number of the stockholders were willing to pay an assessment of 75jper cent to enable the bank to resume business,
The Comptroller
other holders were not able to do so.
now estimates the assessment for purposes of liquidation at about 15 per cent, but the stockholders' committee
hopes that that amount will not be necessary. It is prob-

by local boards of directors. able that a new institution, to be called the Gay Street NaThe capital of the Havana branch, which institution is known tional Bank, will be organized to buy the building and assets
as the National Bank of Cuba, is $1,000,000, which was con- of the American National.
The Security Trust Company of Indiana, whose headtributed by the Trust Co.
are to be located at Indianapolis, has recently been
quarters
block of $1,C00,C00 of the issue of §15,000,000 4 per cent
and will shortly be incorporated with a capital of
organized,
bonds of the Republic of Switzerland, bearing 4 per cent in$5f0,000.
Mr. A. C. Daily, formerly State Auditor of Interest, and not redeemable before December 31 1920, has been
placed in this country by Knauth, Nachod & Kuhne at 104 diana, and President of both the American Trust Company
and the Lebanon National Bank of Lebanon*
plus accrued interest. The orders for thesa and for other of Lebanon
Ind.,
is to be the President of the new company, and William
foreign securities which have been placed by the above firm
F. Churchman, Cashier of the Capital National Bank of
aie chiefly from clietts in the interior.
ladianapolis, is to be the Treasurer. The board will inA committee of officers of the principal trust companies clude, in addition to Messrs. Daily and Churchman, Encs H.
was appointed at a meeting held at the U. S. Mortgage&
Nebeker, ex-Treasurer of the United States; Orlando M.
Truet Co.'s offices on Monday to represent these institutions
Packard, Vice-President of the Capital National Bank of
at Albany in opposition to the proposed new tax.
Indianapolis; Robert L. O'Hair, President of the Central
The Colonial Bank will soon open a new branch at the Trust Company and the Central National Bank of Greencomer of Columbus Avenne and Ninety-third Street.
George J. Marott, Alfred M. Ogle and John L.
castle, Ind
A branch of the Corn Exchange Bank was opened this G iffiths.
•week at Astoria, Qaeens County. Arrangements have been
—The Noel- Young Bond & Stock Company, the wellcompleted by this back to open the University Branch at the known investment bond house of St. Louis, has called a
Trust Co.

Is

to be conducted

—

—A

—

—

;

—

February

THE CHKONICLE.

16, 19C1.]

stockholders for April 11 to vote'on a proposisition to increaae its capital stock from $20,000 to CIIOO.OOO.
H. M. Noel ia President of the corporation, H, G. Noel is
Vice-President and W. H. Young is Secretary and|Trea8urer.

meeting of

its

—The

Bankers' Trust.Company of Wilmington, Del., which
was organized a short time ago with a capital of |100,000,
has increaaad that item to $150,000. Besides doing a general
trust business, the company has also a savings department.
Its officers are. President, Robert H. Jones, Jand^Vice-Presi-

Thomas G. Lawson.
—The stockholders of the newijBankers'iNational Bank

dent,

of

Cleveland held a meeting onJFebruary 5 and elected the following members of the Board of Directors ^Luther Allen,
C. Schmi'jk, F. W. Gehriag, Wm, H. Hunt, Emil Joseph,
L, E. Holden, W. H. Findley, Gao. P. Com9y Jr., William
Greif, John M. Leicht, J. C. Transk, William Scbafer, N. I.
Dryfoos, J. W. Conger, Otto I. Leisy, Andrew Doll and
Joseph R. Kraus. Later the Directors elected Luther Allen,
President, C. N. Schmick, Vice-President, and J. R. Krau3,
Cashier. It is expected that !;the |bank will be opened for
business about May 15.
:

—The

Provident Savings Bank and the Provident Trust
Company of Cincinnati, mention of which has been previously made in this column, formally opened for business
last Saturday.

—The stockholders of the Real Estate Trust Company of
Philadelphia will vote on March 28 on a proposition to increase the stock from $1,000,000 to $2,000,000. The par value
of the stock is $50, but it is the intention to issue the new
The market
shares at |100 to the existing stockholders.
price is $130 per share. F. K. Hippie is President of the institution, W. F. North is Treasurer and Wm. R. Philler is
Secretary.

—

A "Hand Book of Rhode Island Investments," issued
annually by Davis & Dexter of Providence, R. I., has come
to hand. It contains, in convenient form, a great deal of
information concerning the banks and trust companies and
miscellaneous corporations of the State for the year 1900.
It also gives a statement of the bonded debt of Rhode Island
and

its

various municipalities.

[From oar own oorrespondent.]

London, Saturday, February 2, 1901.
This being the day of the Queen's funeral, business is
completely suspended, The banks, the Stock Exchange and
indeed all the shops are closed, and throughout the week
very little has been doing; nor is it likely that there will be
much activitj' for some time to come. la the first place, the
affairs of the London & Globa Finance Corporation have not
yet been arranged. Tlie losses occasioned by its l9reak-down

and the numerous

failures it led to

have seriously incon-

venienced many members of the Stock Exchange, who have
been able to pull through nevartheless, and have also incom-

moded

outside operators.
Besides, there is great unoertsJnty as to how those people
stand who bought and sold the shares recently brought out
by the corporation for which as yet no special settlement has
been obtained; and while the uncertainty lasts it will discourage much new buying or dealing in the Stock Exchange.
There is a loss of confidence respecting the management of
several of the West Australian mining companies, and indeed
the loss of confidence extends in some cases even to their accounts. Then the American market for the time being has
become quiet, and ttie market for British railway stocks is
stagnant; for although in several cases the railway dividends are better than had been anticipated, the traffic returns just now are disappointing and are causing a fear that
the improvement that was hoped for in the
Year will
not take place. Lastly, the new Government loan is put off
from week to week. Yet nobody knows how soon it may be
brought out, and everybody wishes to be prepared for its

New

issue.

The

final result of all is

exceedingly

little

business

upon the

Stock Exchange. On the other hand, a more hopeful feeling
is beginning to spring up.
The general impression is that the
guerilla warfare in South Africa is rapidly coming to an end,
that those engaged in it are growing fewer and fewer
every day, and that their supplies of every kind are rapidly
falling.
Moreover, the attitude of all foreign countries towards this country since the death of the Queen has made
a very favorable impression; and above everything, the long
stay of the German Emperor so as to be able to attend the
Queen's funeral, his appointment as a British Field- Marshal,
and the conferring upon his eldest son of a knighthood of
the Garter have all made a deep impression. The general
conviction both here and on the Contment is that an under-

b21

standing has been arrived at between the two countries and
that they will work cordially together, especially in the Far
East, in the future. The hope is entertained at the same
time that in the Far East, at all events, they will obtain the
co-operation of the United States and Japan, and that thus
the peace of the world is being secured.
Upon the Contineot there is little more doing than here at
home. The slow liquidation th^it has been going on in Germany and Belgium since midsummer is contioupd. It is
now evident that all serious danger is at an end, however,
and it is hoped that there will be a recovery in the course of
the presrnt year. In Berlin there was a general expectation
that the Imperial Bank would lower its rate of discount; but
Still, money is growing abundant and
it has not done so.
cheap, and no doubt a reduction in the rate will take place
before long. Trade is very quiet, the iron industry is very
much depressed. There is no speculation; while money is
now rapidly flawing back from the interior to Berlin.
In France money is also growing very abundant, owing
not only to the receipts of gold from New York, but also to
the general return of money from the interior. The discount rate in the open market this week has been only about
2?8 P^r cent. There is little doing on the Paris Bourse; but
French capitalists continue buying Argentine and Brazilian
securities and West African gold mines, not, however, on a
very great scale. German and Dutch capitalists are also
buying Argentines and Brazilians to som3 extent. In RusThe banks are locked up. Trade is
sia the crisis continues.
greatly depressed, and everywhere there is a want of confidence in the future.
There is much uncertainty yet respecting the money market. The Bank of England is gradually getting control of the
outside market, and it is keeping its rate of discount at 5 per
cent. In some quarters it was thought probable that the
rate would be reduced this week, the more particularly as
the Government is about to borrow; and furthermore, it is
often urged that an effective 4 per cent rate would be just as
powerful to give the Bank control as aa ineffdctive 5 per
cent rate; but the directors have made no change, probably
because of the vast investment in sterling bills and especially
in Government bills by foreign bankers and institutions of
all kinds.
The French banks, insurance companies and railway companies are still taking these bills in very large numbers.
France is by far the largest foreign holder; but
almost all Continental countries are taking the bills; and as
the holding of sterling bills is becoming so unusually large
abroad, the directors of the Bank of England probably think
that it is incumbent upon them to maintain high rates here.
The large holdings of sterling bills by French institutions
of all kinds is partly to make sure of teing able to obtain
gold when required. Tae Bank of France need not if it
pleases pay out gold, and very often it refuses to pay much
of the metal; and consequeuUy all French institutions have
for years been in the habit of holding a considerable amount
of sterling bills. Just now the holdings are exceptionally
large, partly because French investors have been selling
South African gold shares on a large scale, and until quite
recently they have been baying very little in this market,
but mainly bdcause France has not bought as much raw
material here as she has done in past years. Towards the
end of 1899 woolen manufacturers and other great capitalists
sent out agents to Australia to buy wool on a large scale.
They did so, but only by running up the price of the raw
material to an extravagant height.
few months later the
market broke down, and the losses to the French industry
were very great. There were numerous failures, indeed.
The industry has not as yet recovered from the consequences,
and as a result France has bought very little wool in London.
Lastly, American visitors to the Exhibition spent
largely in Paris and the money is being drawn from London.
In all these ways France has obtained an exceptional control over this market; but if the buying of Argentine and
Brazilian securities goes on, the balance of indebtedness
against us will be largely reduced; and if when the war ends
South Alrican gold-mining shares are bought largely the
balance of indebtedness may be entirely changed,
Meanwhile, the fact that such a large amount of sterling
bills is held on the Continent makes the market here extremely sensitive. The value of money at the same time is
falling away in Paris, and consequently all the Freneh institutions continue buying sterling bills. Therefore, ttiere
will be no gold taken to Paris for some time yet.
Indeed,
the Paris exchange upon London is rising rapidly.
The India Council has this week sold its drafts fairly well.
It offered for tender on Wednesday 70 lacs, and the applica-

A

tions amounted to 71 lacs.
The whole amount offered was
allotted at prices ranging from Is. 3 31-32i. to Is. 4 l-32d. per
rupee. Later in the day a small amount was sold by special
contract at Is. 4 l-32d. per rupee.
The following return shows the position of the Bank of
fingland.the Bank rate of discount, the price of consols, &c.
1809.
1899.
190a
1901.
Jan.

so.

Jim.

SI.

£

M

Jtronlatlon

8i*,772,«10

Pnbllc deposits
Other deposits
Joverament securities

8,824.040
40,0K6,a41
15 4;U,t2'i

RS.SJO.PIS
11,«<0.75»

Other seotirltles
29,6M>,10(i
aeserve of notes and coin
2i,6tto,rti>~
Ooln * bullion, both departm'tg Se.tt 3.278
Prop, reserve to UabiUiio8..D.o.
44 n-it)
Bank rate
5
percent.
JousolB. ax per cent
9«*s
iUTer
87«d.
nearlne-Honse returns
IBO.IU.OOO
•

January

81.

Feb. 1

*

e6,*.'.^,"45

£at*«'.110

»i.Ti(\v7J
«0.71H.'JO7

14

40,v.il.»8l
18.i.^..l67
27.'-so.4»l

S2.2i>':

^s.Oil.olo

i2.'

S5,.''0l.».Jl

8,;

HiH
4

lOO^
97 11-iad.
187.fl!{0,000

F,b.i

£

1;<.8';.(..S(J

7S

.•<-'.6T<.4WJ

U.cOi.oSa
3145o.,4'l
'

••

s^^ss?

"'''7
IS'

*•>

••

lU
«^li„
2-.:9.77w,000

m

,,/a
ii**:!*
t** ^:^^1»
IW.64I.0«0

—

.

:

:

w

.

THE CHRONICLE.

322
Messrs. Pixley

[Vol. LX2>II.
FOBEIOH IMPOBT8.

date of
Abell write as follows under

&

Slfe i°l\

'^Go\f-Exc6ptin«afeworderB^^^^^^
tneBanK or ^uM»
gold, and it appears likely that bullion moyem^^^^^^
SrrivalR. There have been no

^^

j^

Arrivals

$2,503,764
7,297,051

$2,586,296
9,009,829

$2,503,731
9,467,601

$2,906,31T
6,297,900

89,800.816

$11,596,125

$11,971,332

$9,204,217

Gen'l mer'dlse

$14,151,428
47,212,281

$16,974,910
46,762,037

$14,237,635
44,088,359

$14,802,162
36,876,471

Total 6 weeks..

63.736,947

558,325,994

851,678,633

ff

Dry

Total
Since Jan.

;

the 'rally to

total,

Arrl000;
000;

Shipments

£298,000.

Ck>odB....l

Oen'l mer'dlee

West
5Se«a'r9l"J^orBlve?'^?'t^So^ot.T Vera Craz, ^17,000
side at once re-oom«^o«.
sradTparohases bV^^^^
2897e4; proved very
of sieauy^
^'^'^.f^X'
lu spte or
orders.
seUing
their
dropped
menced
IndianGovernmeBttheprlce^^^^^
large
a
was
to 27:»id. At this point there
further ground with a better
and to-day the reaction has gained
firm at 27i5i td.
The market closes
mt 1.
.
. ^_

1

Dry Goods

61,363.709

reported as follows;
The quotations for bullion are
GOU).

Jan.

Jan.

31.

24.

and from January 1 to date.
BXPOBTB FKOM NEW YORK FOB THE WEEK.

week ending Feb.

London Standard.

—
—

oz.
gold, fine
gold ooln...oz.
Germ'n gold ooin.oz.
French gold coln.oz.

Bar
D.

S.

954 7710»fl

77
76
76
76
76

5

Jan.

Jan.

31.

24.

d.

d.

silver, fine... oz

27 ''s

28I3

d.

d.

$.

8ILVEB.

Bar

Do

76 5
76
76
76

2 mo. delivery 27iBif 28ifl

Bar silver, contain'g
do 5 grs. gold.oz 283e 29
do 4 grs. gold.oz. 288i6 28i3,e
4
oz.
yen
28 Bs
Japanese
do 3 grs. gold.oz 28
oz, 30lie 30%
Cake silver
Mexican dollars. oz Nom. Nom.
cereal produce into the
The following shows the imports oftwenty-two weeks of the
United Kingdom during the first
seasons
new season compared with previous
1MPOBT8
5
5

1900-01.
Importsofwheat,owt.30,346,500
Barley
^]i'?^Hna
9.451,600
Oata
1,243.000
::;.:..
Peal
818,740
bI^b
|dl^ncorn.._.._._._.._..24.300.400

1899-00.
25,949,600
8,437,600
7,750,100
1,466,600
785,500
27,522,300
9.309,700

1898-99.
26,018,050
14,484,500
7,265,970
1,120,870
1,020,120
22,557,860
9,646,530

1897-98.
27,365,350
10,095,294
6,314,620
1,239,530
1,378,270
19,679,060
8,810,180

1):

^^^^^^

Wheatlmported, owt.30,340,500
Imports of flour
,?'6^^']^^0
Sales of home-grown. 11, I8^,7b»
51,209.368
Total
Aver.prloewheat,week.26i. lOd.
Average price, season. 278. 6d.

$10,476,608
56,987,782

$9,631,143
57,438,939

Total 6 weeks.

$67.464,390

$87.070.082

Germanv

......qrs)
.....qrs 1 2.685.000
2 685,000^\
i
Flour, equal to qrs. i

Wheat

'

qrs...

Ualze

^'glSiooO
a^rs ooo
bjo.uw

790,000

Total 1901
Total 1900
Total 1899

Sliver,

per ounce

d.

Consols. new. 2 %, p. ots.
,

271B16

2810

96i5ie

9714
9738

283,fl

96111.

2818
96'8

281,6
9678

96l8i(.

97

97

97I1.

For account
102*35 102-40 02321a
Fr'ch rentesdnParlB) fr. 102-25 02-37ifl 70ifl
7058
7138
7078
7138
Bpanlsh 4s
9I9
9
938
91a
958
Anaconda Mining
59I4
57
58
58
Atch. Top. & Santa Fe.. 5558
9014
91%
90^
90'e
Preferred
94ig X91l4
93
93''e
Baltimore & Ohio
9014 X8914
89''8
89%
Preferred
9414
931a
94
93ifl
93%
Paoiflc
Canadian
4214
43
42
42ifl
Ohio
&
Chesapeake
15314
15618
156ifl
156
157
14
Paul...
St.
Mil.
&
Chic.
4214
43
42I4
421a
Den. & Bio Gr.,oomu... 91I4
90ig
91
9014
do Preferred.
Do
sola
291a
3OI4
30 »4
30%
XMe, common
6658
68i«
6838
6838
68%
Ist preferred
45
4658
45%
461s
2d preferred...
132
132ifl
I32I3 1321a
133
minois Central
93%
9518
9538
95
Louisville & Nashville.. 95ifl
2138
21i«
2214
Mo. Kan. & Tex., com.. 21%
5718
58
58I4
5714
Preferred
147
148
147% 148
ifl
N. Y. Cent'l & Hudson.. 148
33%
33''8
34I4
341a
N. Y. Ontario & West'n
4758
47 14
46%
47
Norfolk <fe Western
88
88
88
88
pref.
do
Do
88I4
8588
87I4
87%
com..
Paciflo,
Northern
9014 x88%
91i«
90
Preferred
76I3
76I4
76
76ifl
76ifl
Pennsylvania.. ...
17i«
16'8
171a
I714
1714
*Phlla. & Read
3838
380b
•PMla. & Read. .Ist pref. 38%
2214
22%
221*
•PhUa. &Read.,2d pref. 22%
4738
4938
48%
49
Bouthem Paoiflc
2314
24I6
241a
24
South'n Railway, com.
78I4
77 14
78ie
77%
Preferred
95'8
99
9638
97 14
Union Pacific
90% x88%
90%
90
9iie
Preferred
18i«
181a
I914
1914
Wabash
321a
84%
34%
3514
Do preferred
54%
581a
59"«
59%
Do Deb. "B"
•

$77,151
48.261
215,674

$324,971
669,661
2,870,856

•9719

9758
02-2 21a

70%

918

91%
871a
9314
4214
15378
4CI4

90%

"5,919

271,438
108,751
2,660

$129,702
124,994

$422,654
441,661
358,052

""766
$6,044,292
5,538,757
5,930,898

51,184

geven months of the fiscal years 1900-1901 and 1899-1900.
For statement of December, 1900, see Chronicle, Jan. 26,
that of January, 1900, see Feb. 17, 1900,
l901, page 167, for

page

309.

.

RECEIPTS AND DISBURSEMENTS

(000 omitted.)
-<«l

t*

dOCO

CO

00 CO -M '«

^

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COO

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ef

rJof

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MS

X iH

oo o

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00 J0<3>

22

56%

..H
lO o>
c« at, t- -.I" .- 1la
r4 00
<»

a: 00 OS

4

n

cy"efo6

no

efoTio

.hOO

CD

Ori

001.0
OIOCO

eacoai^creo

I

i-t

.-I

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I

cT

I

r^^

i

o"

\

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--«"•'

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COOL l*

tcooo

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oc^of

ootooi"

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oioos

en

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30

i- r- in 00 <P =»^

crj

05 3^ CQ

X

2358
771a

^ OC-OH
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ooto

otf

i>rH05

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^X

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:

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ofoi

t^-wVrH0505

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a<

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I

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coca

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nags
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•

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cooooacooac-

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rHX
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wioift

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r-oi<o

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of

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lO OS s> oa c*
lO C* tJ" «•
I-

t- lO oo

OoWTrli'i-.'o'

XIOIO

ITO

a&
t"
(M

xynoDOx-

WO)

22%

«

I

QD^O^Or.

x37''8

oof t- COM

"-^

05
O os^o^
«o
CO N
«j Ob ~C O <^ 03

l>
r- iO

ODtOO

owe-

t-

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cox r. coco o
.-•

o as o x-^OQ^

aTt-r-^i-^oao"

147

]

I

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aoi>N

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CO

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a>t.--«

IS

46

"J^;^^^P^'^;^i"^^^^i^l^B THE WE'EK.-The following are
ending for dry goods
the imports at New York for the week
merchandise
general
Feb. 7 and for the week ending for
January.
week
first
beginning
also totals since

35,9'2'2

82,352
41,667

courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
January.
receipts and disbursements for the month of
previous
for
figures
the
From previous returns we obtain
for the
statement
months, and in that manner complete the

1311a
9458

901a
181a
321a
66I4

"i',800

liOVERNMKNT REVENUE AND EXPENDITURES.— Through the

67%

97

3,883

3.883

56,933
1.000

$1,286,159
1,152,020
1,019.825

2978

341«
49I4
851a
8eia
88I4
76'4
1738

9

9

900

Total 1901
Total 1900
Total 1899

581*

91

SinceJan.l.

Week.

$5,805,825
179,868

All other countries

Price per share.

Feb. 8;

Imports.

SinceJan.l.

$1,280,240

.......

fl-ftrmaiiv

1899.
1,773,000
592,000
715,000

28

Wed.

88,164,069
5,721,281
1,783,000

Week.

a.

Fri.

Tues.

810,000
548,935
4,000

Exports.

6d.
8d.

Thur$.

Mon,

30,804
2,200

185,577
29,340
96,559
11,565

Silver.

etc., at London
The daily closing quotations for securities, endmg Feb. 15.
week
the
for
are reported by ca1)le as follows
Sat.

'37,697
5,120

All other countries.

Ensllali Financial Markets— Per Cable.

Loin>ON.

4,000

48,246
10,000
10,000

........

West Indies
Mexico
. ........
South America

1900.
1,595,000
325,000
560,000

"i'.93'd

"6,606

48,859,195

La^l week,

'1,936

.

50,251,215

,

9

$

^.

8,095,829

....

.

West Indies
Mexico
South America

j
flour and
wheat, a
The following shows the quantities of
maize afloat to the United Kingdom:

TMs week.

9

Great Britain
.. ........
France

Since Jan.l.

Week.

Since Jan.l.

Week.

49,674,585
25a. lOd.
26b. Od.

,

of

Importt.

Exports.
Bold.

Great Britain
France ..
........

34s.
33s.

$60,490,551 $53,835.565

Feb. y
specie at the port of New York for the week ending
tn
periods
and since Jan. 1, 1901, and for the corresponding
1900 and 1899.
BXFOBI8 AND IMPOBT8 OF 8PB0IB AT KEW TOBK.

1897-98.
1898-99.
26,018,050 27,365,350
8,810,180
9,646,530
14,586,635 12,683,665

7d.
Od.

$7,918,861
45,916,704

$7,618,664
52,871,887

The following table shows the exports and imports

1899-00.
25,949,600
9,309,700
14,415,285

268.
27b.

1898.

1899.

1900.

Prev. reported

(exclusive of stocks on
Supplies available for consumption

September

11,

1901.

For the week..

London Standard.

if

of
The following is a statement of the exports (exclusivethe
for
ports
foreign
York
to
New
of
specie) from the port

business these coin are quite
*''M6xfcin^Donar8-In the absence of
"^

1898.

1899.

1900.

1901.

For week.

t

m m
P c
XlX
m I

EBRUAKY

THE CHRONICLE.

16, 1901.J

New York City Clearing Honse Banks.—Statement of
oondition for the week ending Feb. 9, based on average of
daily results. We omit two ciphers (00) in all cases.
BANKS

Capital.

SurpdM.

lioans.

Specie.

Legals.

$

$

Depotiti.

lU-

9

BankolN.T....

$

2,000,0
2,060,0
2,000,0
2,000,0
Ifeohanlos'
1,600,0
Ameiioa
1,000,0
Fbenlx
10,000,0
City
300,0
Obemloal
600,0
Merchants' Ex..
1,000,0
Oallatln
300,0
Bntoh.A Drov'8'
400,0
Meoh.ifc Traders'

ManJbattan Co...
Merobuuts'

Oreenwloh
Leather MTrs..
Seventh
Btateof N. T....
American Bxoh.

Oommerce
Broadway
Mercantile

200,0
800,0
300,0
1,200,0
6,000,0
10,000,0
1,000,0
1,000,0

422,7

Paolflo

Kepahllo

1,600,0

Chatham

460,0
200,0

People's

North America.. 1,000,0
Hanover
3,000,0
Irving
OltUeus'

600,0
600,0
600,0
900,0

Nassaa

Market* Fnlton
Shoe

<&

Leather.

1,000,0
1,400,0
1,000,0

Com Exchange.

Continental
Oriental
Imp't'r8'<t Trad.

300,0
1,600,0
2,000,0
260,0
3,000.0
1,000,0
300,0

Park
Bast Klver
Fourth
Central

Second
Ninth

760,0
600,0
300,0
260,0
200,0
760,0

First

N.T.Nat'lBxch.

Bowery

N. T. Connty....
Oerman Amerl..
Chase
1,000,0
Fifth Avenue...
100,0
German Exoh...
200,0

Oermanla

200,0
300,0
Oarfleld
200,0
Fifth
200,0
Bank of Metrop.
300.0
West Side
200,0
Seaboard.
600,0
Western
2,100,0
1st Nat., B'klyn.
300,0
Llber^
600,0

Lincoln

N.Y. Prod.Ex..

1,000,0

NewAmsterdam

260,0
360,0
600,0

Aster.

Hide A Leather.
Total

2,074,3 16,078,0 3,611,0 l,165,o!
2,114,4 20,911,0 6,873,0 2,049,0
1,190,9 14,946,6 2,iH87,6l 1,648,0
2,261,4 13,766,0 2,799,0
638,01
2,980,9 23,921,6 4,S88,8 2,408,6
241,3
6,020,0
1,361,0
123,0
6,490,3 122,036,4 32,179,71 5,998,7
6,881,7 26,820,0 8,436,9 2,607,9'
224,6
6.al9,6
797,6
564,1
1,873.3
8,791,6 1,040,8
819,9
86,6
1,058,9
416,0
36,4
124,b
2,380,0
260,0
248,0
173,6
917,8
98,2
120,3
486,11
4,640,1 1.8J7,2
289,0
216,4
3,438,2
987,9
810,8
643,3
4,936,6
916,1
362,9
2.940,1 29,211,0 6,380,0 1,4.')0,0
6,e:J6,0| 76,686.9
7,691,6 6,324,1
1,603,9'
6,802,6 1,354,8
310,9
1,239,2 14,381,6 2,331,6 1,650,1
484,7
2,791.1
379,8
486,7
1,140,8 20,708,1 4,968,3 1,209,0
994,6
6,688,0
940,0
971,8
2,104,6
337,3
176.8
683,7
784,9 14,938,6 3.089,8 1,164,1
6,178,9 49,692,6 8,134,2 6,838.2
468,1
3,847,0
827,8
617,4
8,366,2
407,8
662,1
207,2
274,9
2,814,3
361,6
610.8
6,662,6 1,600,0
1,047,6
761,0
3.740,3
206,8
871.1
268,8
1,807,2 21,066,0 3,881,0 2,232,0
4,613.8
618,4
907,6
603,4
401,0
2,068,0
187,0
418,0
6.107,8 26,029,0 4,373,0
992,0
3,668,6 51,776,0 19,041.0 4,662.0
1,207,2
161,1
318,8
177,4
2,467,4 26,323,0 4,722,8 2,490,1
667,6 10,614,0 2,874,0 1,682,0
888,7
9,407,0 1,632,0
907,0
2,886,1
60,8
660,6
230,6
9,220,8 41,979,1 14,683,2 1,939.9
109,6
3,061,8
661,4
310,6
724,7
2,741,0
886,0
372,0
388,6
2,946,7
837,9
418,9
8,624,6
366,0
670,1
243,1
2,110,8 39,197,2 10,462,0 1,778,3
9,114.9 2,887,9
1,826,7
329,6
2,216,2
638,6
223,1
980,8
818,6
2,967,2
404,4
623,8
919,7 12,602,7 1,290.9 2,216,9
1,096,6
6,848,2 1,666,9
244,4
2,185,6
848,0
470,1
168,0
1,018,2
7.969,1 1.349,9
622,1
426,4
2,698,0
411,0
370,0
813,8 14,666,0 2,424.0 1,831,0
1,871,7 41.692,7 10.271,8 2,492,9
630,8
3,809,0
490,0
663,0
604,1
6,638,8 1,861,7
426.0
4,173,7
379,2
674,2
478,2
444,6
6,086,8
846,0
788,7
4,606,0
296,4
712,1
307,9
326,1
2,662,9
602,8
60,0

*

\p.o.
18,471,0 28-4
26,699,0 ,30-8
17,67H,0 26'
14,205,0 24 1
28.042.6 280
6,234,0 281
140,9H6,9 270
27,958,0 32-3
6,855,6 23
7.058.8 26:i
1.239,6; 36-4
2.807.0 19-1
782,0 280
6.444.9 38-4
4.804.1 27-0
4.781.1 27-1
24,280,0 281
86,2:^7.71 21-0
6,3H3,3 30-9
15,243,0 26-1
8.611,7! a4-6
23.667.7 261
7,102,9 26-9
2,707,9 28-0
18.733,2 26-4
63,740,2 26-6
4,879,0 82-9
3.680.0 23-3
,

New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the nonmember

-i-

3,300,9, •^5-9

7.380.2 307
4,228,61 28-9
24,930,0 24-3
6.397.1 281
2,110,0, 28-6

24,081,0

222

70,790,OJ 3.i-3
1.488.2 33-4
28,634,9 26-1

18,939,0
10,226,0
8,368,0
48,691,6
3,273,3
3,388,0
4,006,1
3,464,1
47,828,2
10,376,7
3,450,9
4,400,8
14,669,1
7,333,9
2,390,9
8,433.8
2,876,0
17,676,0
60,362,6
4,022,0

31-2
23-8
26-4

338
26-8
22-3
31-8

234
26-8
26-1
31-8
21-0
24-0

banks.

Capital ic
Surplus.

Loans.

9
N. \.»
Jan. 19.. 138,480,2
"
26. 166.480,2
Feb. 2.. 166.480.2
9.. 168.480,2

830,873,
841,367,
871,80S,
896,289,

Bakes.

26-4
22-1
27-2

241
253
28-4
_„,

4,683,0 22-2
1,999,1 28-1

following

370

the
statement of oondition of the non-member banks for the
week ending Feb. 9, based on averages of the daily result.
We omit two ciphers fOO ) in ad cases.

BANKS.
(OOs omitted.)

Capi.
taU

Swr- Loans
pltu.

mentg.

KlW YORK

is

vHth
Net
AB'k. OUar'g Other DeposiU

Lea. T. Deposit.

A

Inveatr- Specie

Notes Agent. Bks.Ac

Borcntflh of

Manhattan,

Columbia
Bleventh Ward.,..
Fourteenth Street.
0aneevoort

Hamilton

Mount Morris
Mutual
Nineteenth Ward.
Plaia
Riverside
State

Twelfth

Ward

T wenty -third W'd.
Union Square
TorkvUle
Washlnirton
FtdeUty
Varlck

I

100,0
300,0
100,0
100,0
200.0
200,0
260,0
200,0
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0
200,0
100,0

«
128,3
194,7
129,0
66,2
20,4
103,4
69,6
136,8
69,2
176,9
116.4
238,9
64,8
69,8
361,3
180,2
23,8
98,4
60,0

t

1276,1
2298.0
1022,4
1216.2
640,6
1322,8
1821,6
1286,0
1291,9
2236,0
981.0
2963,0
1110,0
867,9
2080.6
1409,3
442,2
877.4
116,5

$
44,4
121,0
43,0
60,9
6.9

88,3
106,7
83,3
22,6
142,0
16,6

807,0
29,8
43,7
68,7
81,9
19,9

,

I

140,6
103,0
42.6
43.4
43,6
98.6
87,2
112,0
129,7
137,0
84,4
168.0
163.6
104.8
326.1
182.0
8.7

6.9
3,1

16.8
28,6

18,1
14.6

80,8
112,0
34,4

*

448,6
146.0
887,8
226,8
113.6
139,6
818,9
384,0
174,3
63,0
102,9
182,0
96,8
80,8
677,7
122,8
42,6
36,3
76,0

I
'a.o

4'6,"5

6'i,6

3
6,1

818.0
90,0
114,3
is.'s

6.1

98,7

\

9..

Deposits.*

$

$

I

73.060.6 921,787,2
73,446,0 937,423.0
19282601 74.493.2 989,917,6
19589041 73.120.7 994,593,9
10.710,0 209,292.0
10,872.0 208,380,0
9,861,0 208,474,0

13.889,0
13,571,0
0112,869,0
186,414,
57,632,91

67,632,9 185,323
57,832,9 185,048,

Oirc'Vn. OUarinoi.

$

1848628
1917102

Boh.*
Jan. 26..
Feb. 2..

Legals.

30,973,2
81,253.2
31.319,1
31,331,9

$
17300454
14242722
14905974
16809979

8,046,0 128,783,4
8,111,0 123,399,8
6,120,0 128,129,8

Phtla.*
69,841,0
199,020,0 9,972,0 96.148,8
38,716,3! 163,932,
68,758,0
198,198,0 9,997,0 99,884,3
38,716,8 184,180,
199,641,0 10,014,0 94,838,9
68.836,0
88,716,3! 165.652,
• We omit two ciphers in all iheae llgures.
+ Incladlns' for Boston and Philadelphia tbe Item " doe to other banks."

Jan. 26..
Feb. 2..

9..

Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at anctioQ.
By Messrs. Adrian H. Muller & Son.
Botids.

Slocks.

10 Fourth National Bank.. 186
1 Membership N. Y. Prod$134
uce Excbau^^e
190^
80 Oriental Bunk
9
1 Goodwin Oar Co
253ia
20Hoiue Insurance Co
32 North Amer. Tr. Oo.2405i3-24'i
55 U. 8. Trust Co. ...1681 to 1682
360
15 City Trust Co
16 Corn Exchange Bank... 385
20 Lincoln Safe Dep. Co. ...185
50 Phenlx Fire Ins. Co. of
Brooklyn
177
524
10 Western Nat. Bank
15 Amer. Exch. Nat. Bank.. 248
Memb. share the Adirondack League Club
$550

By

Messrs. R. V. Harnett

41,900TheClnolnnatl

|

North. RR. Co. pref.

26,100 The Cincinnati
North. RR. Co.,com.
1,500 Jack-son & Cin.
Rv. Co., com
15,000 Detroit Tol. &
Mil.

.

RR. Co

i-$l,043,140

$300,000 Jack. & Cin.
Ry. Co. let 5h, Mar.,
1896, coupons, and
all subsequent on..
$1,500,000 Det. Tol.

& Mil. RR. Co. let
50 year 58
$200 The Durland Co. 2d
,

1925;

MAN

58,

65

& Co.
Stock.

50 Taylor Steam Eoonomist Co

.$10 for 10

The Financial Review (Annual) published at the office
COMMERCIAL AND FINANCIAL CHRONICLE is now ready.
It is a volume of some^OO pages, including a copy of the
Investors' Supplement bound up with it. It is an invalu-

of the

able book for reference throughout the year.
Some of its contents are as follows:
Retrospect of 1900, giving a comprehensive review of the
business.of that year, with^etatistics in each department, finan-

and commercial.

cial

in 1900, with comparative statistics for 20

years.

Record of Transactions on the New York Stock Exchange in
each of the past 10 years.
Listings on the New York Stock Exchange.
Money rates by months for past seven years on all classes
of loans.

Weekly Bank Statements

in 1900.
Statistics for series of years.
Iron and Coal— Production for a series of years.
Gold and Silver— Production for a series of years.
Exports and Imports for a series of years.
Foreign Exchange— Daily Prices in 189S, 1899 and 1900.
Government Bonds Monthly Range since 1863.
State Bonds— Record of Prices since 1860.

Crop

CITT.

Colonial

$

$

Bank Clearings
Reports of Non Hember Banks.—The

Specie.

260

6,777,1] 28-3
4,070,9l 26-8
6,068,8 26-6

74,222,7 92,257,6 896.289.4 1968904 78,120,7 994,698,9

323

1626,0
2387,0
1366,9
1461,9
766,6
1619,2
2441,9
1461.7
1678,2
2458,0
1081,6
3616,0
1639,2
1083.7
2780,4
1490,0
406,3
271.0
182,3

—

Railroad Bonds and Stocks— Monthly Range of Prices for
five years.

Investors' Supplement— Description of Railroad and
Industrial Securities, Record of Earnings, Dividends, etc.
The price of the Review is $2.
William B. Dana Co., 76^ Pine Street, New York.
Copies may also be had from P. Bartlett, 1664 Monadnock
Block, Chicago;

Edwards

&

Smith,

1

Drapers Gardens,

London.

Boro'h of Brooklvn.

Bedford

124,6
169,3
161,0
43,8
67,7
63,8
493,6
366,9
203,1

Wallabout

160,0
100,0
300,0
100,0
100,0
160,0
262,0
600,0
100,0
100,0
800,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0

678,7
121,7
126,9
63,4
76,9
235,4
68,7
69,4
49,9

1083,6
1483.1
1118,9
328,6
808,9
642,6
2648,6
2866,1
866,0
585.4
8800.0
2494,0
737.7
917.2
388,6
476,2
1084,8
421,3
646,0
669,7

Borough of
Richmond.
of 8t«ten Isl
lstNat.,Stat«nIsl

26,0
100,0

68,3
84,6

498,3
716,1

400,0
260,0
260,0
200,0
110,0
126,0

879,9
666,6
846,4
229,0
469,9
107,9

Broadway
Brooklyn
KlKhth Ward
Fifth

Avenue

Kings Oountv
Manufact'rs' Nat'l.

Mechanics

Meoh's' A Traders'
Merchants'
Nassau National..
National City
JfforthBlde

People's

Sohermerhorn
Seventeenth Ward
gprague National.
Twenty-sixth W'd.
tTnlon

Bank

16,3
636,9

Other Oitiet.

IstNat., Jer. City.

Hud. Co.

Nat., J.O.
MNat., Jer. City..
Nat., Jer. City..
!Rt Nat., Hohoken.
d Nat., Hohoken.

W

208.9
246,6
163,9
68,6

100,0

84,8
70,3
26,2
88.9
179.7 349,0
107.6 191,7
69.8
72,1
4,6
29.4
36.0
160,0 267,0 672.0
189,0 269,0 676.0
13,1
66,8
63,4
29,8
41,6
66,8
30,9
80,0 813,1
10,2
42,8
78.6
99,6
10,0 177.0
14,6
36,9
64.5
30,5
60,0
59.4
37,7
14,2
63,5

86,0
63,9

69,8
12,8
87,8
84,2
813,6
168.7
31,3

16.7
37,3

26,1

18,5
20,0

80,6
89,2

6,9
1.0

64,7

1379.9
1641.0
1113.6
396,7
596,4
660.5
3078.6
8193,6
860,4
510,4

SO.O 40480
66.0 3041,0
321.6
864,0
60.21
932,6
16.0
609,0
12,9
451,5
103,0 1060.0
1.9
440.6
61.0
620,0
70,4
688,6
9,3

667,9
685.5

4882,1 239,1 242,9 986,1 1219,8 8688,5
1996,7
91,4
74,2 238,8
78,7 1785,3
1194,7
64,4
1061.4
21,6 204,9
896,2
94 "2 1001,3
45,0
44,2 230,1
3012,8 107.6
24,2 172,8
73.0 1821,8
810,4
47,1
86,61 111,0
15,7
897.1

Totals Fob.
9.. 7682,0 8676,0 61818,6 3104,2 3829,89319,3 3125,9 69982,7
Totals Feb.
3.. 7682,0 8676,0 61471,0 3126,7 8718.3 8967,6 3067,1 69482.8
Totals Jan. 28.. 7662,0 8676,0181891,4 3117,83896,98690,4 2871.6 69510.3

gauMttfl

Spencer
ST

&

39

aujft

^iwatxclal.

Trask &
BANKERS,

PINE STREET,

Co.,

....

NETT

TOBK

Transact a gtnernl banking butinetsi act at Fiscal
A<rents for corporations, and negotiate security
Execute
issues of railroads and other companiesi
commission orders and deal In

INVESTMENT SECURITIES.
Members N. T. Stock Bxohange

Branch

Albsny

albxamdbb M. Whiti Jr.

GBOBOa Babolat Moffat.

Moffat

Office, 67 State St..

&

Wh t
i

e,

BANKERS,
Members New Tork Stock

No.

1

NASSAU STREET,

-

Bxctaan«e.
-

NEW YORK.

INVESTMENT SECURITJBS.

.

THE CHRONICLE.

324

Per

of Company.

When

Books closed.
(Days inclusive.)

Oeni. Payable

I

Vol. LXXII.

grain for payment, 4 83^(@4 84; cotton for payment, 4 83J^
@4 83)^; cotton for acceptance, 4 83%@i 84.
The following were tne rates of aomestio exchange on
New York at the under-mentioned cities to-day; Savannah,
buying 1^ discount, selling par; Charleston, buying par,
selling 1^ premium
New Orleans, bank, $1 00 premium
commercial, par; Chicago, 10c. discount St Louis, 15c. per
$1,000 discount; San Francisco, ITJ^c. per $100 premium.

ganfejers' ^ia^jelte.
DIVIDBNDS.
Name

»;

:

;

;

RallroadM (Steam).
Canadian

Paoltlc,

"
Del.

com

to
9
Apr.
1 Mar.
1 Mar.
9
to
Apr.
Feb. 20 Holders of rec.
to
Mar. 1 Feb. 21

Apr.
1
Apr.
1
Feb. 15

2

Mar. 1
Mar. 2 Holders of reo. Feb. 20
Mar. 2 Holders of rec. Feb. 20
Feb. 19
to
Feb. 25 Feb. 14

1

Mar. 15 Mar.

Mar. 15

l^

Feb. 28 Feb. 19

2ifl

do
pref
A Bound Brook, gu. (qu.)..
Ft. Wayne & Jaikson, pret
Mexican Northern (quar.)
"
do
(extra)
North Pennsylvania (quar.)
Street KallwHym.
American Railways. Plilla
Metropolitan West t<ide
Elevated Ry.,Chlo., pref

2

Phlladeli hla Co., Pittcb., pref..

2^2 Mar.

2%
1
^4

1

to

1

Feb. 27
Holders of reo. Feb. 20

American Cereal
American Coal
"

"

(quar.)

Barney & Smith Car, pf. (quar.)
Columbus (O.) Gas L & H.,com.
Kings Co. El L. & Pow. (quar.).
Laclede Gas Light, com
Mt. Vernon- Woodb'v Cot. Duck.
National Lead, pref. (quar.)
N. Y. & Hohoken Ferry (quar.)
O. & Ind. Con.Nat.A Ill.Gastqu.)

.

Park

Feb.

4

Mar.
19
Mar.
Mar.
17
Mar. 1 Holders of rec.
Mar. ) Feb. 20
to
Mar. 15 Feb. 27
to
Mar. 1 Feb. 19
to
Mar. 15 Feb. 24
to
Mar. 1 Feb. zl
to
Mar. 1 Feb. 18
to
Mar. 1 Feb. 21
to
Feb. 20 Feb. 15
to
Feb. iO Feb. 15
to

1

(extra)

Steel, pref. (quar.)

2
3

1^
2
1

1%
1^
1
15!l

Pittsburg Brewing, com. (auar.)
pref. (quar.)

1

1%

WALK STREET, FRIDAY.

FEB.

15,

14
19

Feb. 20

2

Feb.
1 Feb.
1 Feb.
1 Feb.

reg., at 105i^: $69,100 3s, coup., at llOi^ to 111,

and $1,000 4s,
coup., at 113^. The following are the daily closing quotations: f'*- yearly ramjc see seventh page follounnQ.
Interest
Periods.

to

niixeUaueous.
2i.

—

United States Bonds. Sales of Government bonds at the
board include $10,000 2s, coup., at 1053^ to 1055^; S25,000 2s,

to
to
to
to

1901.-5

Mar.
Mar.
Mar.

1

1
1

Feb. 15
Feb. 28

Mar. 15
Feb. 28
Mar. 15
Mar. 1
Feb. 28
Feb. 28
Feb. 19
Feb. 19
P.

M.

The Money Market and Financial Nitnation. —The records
of the security markets for the week show widely fluctuating prices in many cases. This fact suggests that a considerable portion of current Wall Street operations is
speculative in character, as no developments or changes in
the general situation seem to warrant such fluctuations
Free discussion of various combinations and consolidations has continued, notably that relating to the iron and
steel plants, but we have heard of no new ones of import
ance or other news that has directly affected the sentiment
of the Street until to-day, when it was reported that New
York Central will soon secure control of the Delaware
Hudson property. Comment is made upon the favorable conditions prevailing in the transportation mdnstry, traffic being
much less interfered with by storms than it has sometimes
been at this season. The Governmeht statement of our foreign trade for the month of January, just issued, makes a
very favorable showing. It indicates a considerable increase in our credit balance abroad, and suggests large possibilities for the future.
The Bank of England's weekly
statement shows a larger percentage of reserve to liabilities
than that of last week or for a corresponding week in recent years, and reflects the easier money market conditions
at that center. Although last Saturday's statement of the
New York Associated Banks showed a decrease of nearly
$5,000,000 in the surplus reserve, the local money market
has been easy and rates steady.
The open market rates for call loans on the Stock Exchage
during the week on stock and bond collaterals have range(i
from 11^ to 2 per cent. To-day's rates on call were 1% to
2 per cent. Prime commercial paper d}4 to 4^^ per cent.

&

1930
1930
38,1918
3s, 1918
28,
2s,

3s, 1918,
38. 1918,
4s, 1907
4b, 1907
4s, 1925
48, 1925
5s, 1904
58. 1904

This

Feb.

Feb.

9

11
*105i4
*]05i4
IIOI9

reg. Q. -Jan *105i4
coup. Q. -Jan. M0514
reg.lo. -Feb. *310i4
coup. Q. -Feb. *110>4
small. reg. Q. -Feb.
8mall..o'p. Q. - Feb. *ii6
reg. Q. -Jan. *113»«
ooup.iQ. -Jan. *113»»
reg. Q. - Feb. *137i4
coup. Q. - Feb. *137J4
reg. (3. -Feb. •1101.
coup. O. -Feb *1101«

is

Feb.
12.

Feb.
13.

Feb.

14

*105i4l IO5I2

10554

10538 10588 IO514
llOifi *110»fi 'H0>9
110% 11012 111

llOifi
......

llOia

ilOJfl

*110

no's

113V *113i«
113% 'llSifl
137% '137%
I3712 137% 137%

*113»«
*113l3
*137i«

*113>fl

*113l3
*137i«

Feb.
15.

O

I

*137ifl

*110
110

niOifi
*110»fl

•IIOI9 •110%
llOifi 110%

Che price bid at the morning board; no sale was maae.

State and Railroad Bonds.— Sales of State bonds at the
Board are limited to $1,000 North Carolina con. 4s at 105,
$1,000 Alabama class C at 102 and $44,000 Virginia deferred
trust receipts at 7J^ to 8.
The railway boncl market has been somewhat irregular in
sympathy with the market for stocks, but relatively steady.
Daily transactions averaged a little over $5,000,000 par value,
against $8,000,000 last week, and were limited chiefly to
low-priced issues. Of the latter a few were notably strong,
including Central of Georgia 2d income, Colorado Midland
1st 3-4s, Green Bay
Western debenture Bs, St. Louis Iron
Mountain & Southern unified and ref 4s and Peoria Eastern
income 4s, the latter closing with a net gain of IJ^^ points.
Wabash debenture Bs were again the most active bonds on
the list, but lost a substantial part of the gain noted last
week. San Antonio
Aransas Pass 4s were also weak.

&

&

.

&

—

Stock and Bond Sales. The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
-Jan. 1 to Feb. 15.
Sales at
^Weekend. Feb. 15.^
1901.
1800.
1900.
tr. T. Stock ExcK.
1901.

—

GoTemment

28,000
10,816.000

(44S.550
430.000
166,463,900

tl.lt3.100
427,700
76,043,700

I24.87fl,600
111,172.400
TotaL
StocbB— No. shares
4,475.913
1,708,785
|434,50«,»B0 tie 1,609,600
Parralne.
Bank shares, par yalne.
$5,000
$3,800

1167,841,890
44,833.501
14,264,167,360
•68,350

178,584,500
16,378,691
11.637,012,813
I24.S0O

bond!..
State bonds
BB. and mlso. bonds.

tlGS.lOO
40.000
24,225,500

$328,400

We add the following record of the daily transactions:
State
fleek ending
Bailroad,<tc.
U, 8,
Stocks.
-Fe6. 'Par value.
Bonds.
Bonds,
Bona*.
15, 1901. Shares.
.

Saturday

Monday

>

583,091
1,014,180

$57,23S,850
100,076,650

1,114,124
863,27*

106.649.600
83,741.150
87,905,700

Tuesday

Wednesday
Thursday
Friday

911,273

$5,357,000
6.6

aOOO

$3,066

HOLIDAY

5,299 500
4.115,600
3,861,500

$2,000
44.000

15.600
47,000
40,500

$46,000
$105,100
TotaL
4,473,912
1434,506,950
I2i,235,500
The Bank of England weekly statement on Thursday
The sales on the Boston and Philadelphia Exchanges were:
showed an increase in bullion of £957,951 and the percentPhiladelphia.
Boston.
age of reserve to liabilities was 4S"90, against 45"56 last week;
Listed Unlisted Bond
Listed TTnlisted Bond
the discount rate remains unchanged at 43^ per cent. The
sales.
shares, shares,
shares, shares.
sales.
H.075
6.92s
440,128
60,855
29017
102.620
Bank of France shows an increase of 3.300,000 francs in Saturday
24.088
Monday
98,7tf6
22,151
182 066
13,350
818.800
gold and a decrease of 2,625,000 francs in silver.
Tuesday
HOLIDAY.
S6,082
69,975
887,300
Wednesday
72,3<Jl
28,916
160,140
The New York City Clearing-House banks in their state25.60H
6e.l44
29,110
484,910
12,438
]30,S00
ment of Feb. 9 showed an increase in the reserve held of Thursday
14.688
299,727
49,445
21,121
Friday
16,820
123.000
$1,692,900, and a surplus over the required reserve of
133,934 2,gj7,85S
833.001 103.339
103,064
Total
628.316

$20,362,625, against $24,838,825 the previous

week.

Railroad
1901.
Feb. 9
Capital
Snfplns

74,222,700
92.257,.'=.00

Differen'sfr'm
Prev. week.

19C0.

1899.

Feb. 10.

Feb. 11.

68,422,700
80.980.200

68,072,700
75.407.900

Loans &dlBC'nte. 895,289,400 Ino 23481200 720,735,000 750,043 300
Circulation. ...... 31.231.S<00 Dec,
87,20i> 17,026,200 14,533,600
Rot deposits
994,593. QOOlInc. 24676400 814,786.900 888,059,100
Specie
195,890.400 Ino. 3,065,4C0 165,029,600 198,f01,300
Legal tenders
73,120,700 Deo, 1,372,500 66,564,700 59,025,300

Eeserveheld
Legal reserve

269,011,100 Ino 1,692,900 231,594,300 257,526,600
248,648,475 Ino 6,169,100 203,696,7 25 222,014,775

Surplus reserve 20,362.625 Deo 4,476,2001 27,897,575 35.511,825
»OTHi.— Returns of separate banfes appear on page 3*3.
Foreigru Exchange.—The foreign exchange market has
been dull and generally weak on a limited demand for bills.
Posted rates of leading bankers follow:

February

15.

Sixty days.

Prime bankers' sterling bUla on London. 4 ^5 '@4 85I9
Prime commercial
4 8331-3)4 84
Documentary commerolal
4 83i4«4 84

Demand.
4 881s

.

.

.

and Mlscellaneons Stocks.— The market

much

for

than of late and decidedly
irregular. There was a tendency to weakness on Wednesday, when a long list of both railway and miscellaneous
shares declined from 1 to 3 points. On Thursday the tone

stocks has been

less active

market was reversed, and has so continued, a considerable number of issues advancing sharply, including some
of the anthracite coal stocks, New Yark Central and Burlington & Quincy. Delaware & Hudson moved up 12J^
points and New York Central over 3 points, on a report circulated to-day that the latter will lease the former, guaranHudson stockholders.
teeing a dividend to Delaware
Chicago & Eastern Illinois was a notably strong feature
throughout the week, advancing from 97% to 11114, and
closing with a net gain of 1218 points. Several of the lowpriced issues were conspicuous for activity and strength,
San Francisco and
including Atchison common. St. Louis
Des Moines & Fort Dodge. The latter sold up to 253^, a gain
of 43^ points. On the other hand St. Paul and Wabash sold
several points below recent quotations, and nearly all the
granger and trans-continental stocks close lower than last
of the

&

&

week.

The iron and steel shares were erratic on conflicting
rumors in regard to the much-talked-of "steel deal."' WestFrankfort or Bremen (relohmarks) b'kers
953u®95'4 ern Union has been continuously strong and United States
' Less iiR.
Leather prominent for activity. General Electric advanced
To-day's actual rates of exchange were as follows: Bank- rapidly on Thursday from 198% to 2173^, on rumors that a
ers' sixty days' sterling, 4 84^^(24 843^; demand, 4 87i^@4 873^; distribution to stockholders of a part of its accumulated surcables, 4 88J^@4 88)^; prime commercial, sixty days, 4 8S%@ plus is pending, American Sugar Refining and American
4 84; documentary commercial, sixty days, 4 83V^@4 84: Smelting & Refining covered a range of nearly 7 points.
Paris bankers' (francs)

Amsterdam

(guilders)

bankers

518%*®518%
40iiea40ie
94i3i6®9478

6 16Va>16'9
40&ist»4038

THE CHRONICLE.-STOCK prices (3 pages) PAb£
New York Stock Ex-change— A Daily, Weekly and Yearly

FEB.

aTOOKS-HIOBBBT AND LOWE HI SALB PBIOKB.
Saturday,

Monday,

Tueiday,

Feb. 9.

Feb. 11.

Feb. 12.

TTednecdav Ttvur$day,
/-'e6. 13.
Feb. 11
•80

•57
68)4

...

6594

6«M
89
ean
87M
16H

S4Mi

%»%
91%
87X
78^
•78
•ItO

67

88
9094

87

87)4

'2^
78

Z?«
81
I8U
90 91
67)4 ii

•118

Z?'*
81

6794

6794

154*'

Im"

16394

40M 41M t^)f!
8S94 Ji'<
40)4
89M 40
74H 74H 7494 76)4
41 !4
14094]
140M141M
108 100
08^ 104

41
89)4

67^ S7M

•1043
•188

"iea"

1B4

187
80
98

128

188

SOW 20H
0BM
81M
BOH
S8M 34M
70^ 71H
153H1S3
9i)4.

81
•48

•190H 19i
•173W ^74
•

118

60

60

8294

8394

81

33)4

70H

88

89

180

•

20X aiH
196

e7H
46

a»

S8
9

86

86)«

87

87H

44X

45
114

•89

850
73

•118
*880

93H

17H
B

71M

107
•58
81

•96
•60

•187
•811
83

48

48

16
8994
67)4
46>4

47
82

49M

fcH

Z
s

9H

14

21

48%
•81
86)4

87%

48

17)4

6H
71

108
18)4

8(J%
6694
8794

74

101

46)4
84>»
88)4

.,

37)4

48H

49.Ji

38%
76

4394

44)4

4894

44

Bid and aiked prlcei

74
60

91)4
3294
74)4
48)4

1

;

no

lales

RatlTray.

IBX

160

183

Do

14)4 Ohio.

••!

Ohlo.4 8t.L....

87)4

190
6794
994
47)4

73
128)4
3694

50

•S
•1494
2894
6494
44>4

15)4

45
49
86

Colorado

Wheeling..
pref.

4 Sonthem

Dei Molnei

16%

.

pref.

4

Dodge.

ft.

8hore4 Atl

Do

pref.

•

39)4 prle.

60
45

49

Ci

Do
Do

lit pref.
8d pref.

4 Terre Haate

66H> BTaniT.
90
Do

86)4

..

pref.

[?t.w.4 Den.a.itamped

.

27% 87% r t. Worth 4 Bio Qrande.
190
Cireat Northern, pref.
87%
67% VJr'nB.4W.,deb ofi. "A"
679i
994 10
10
Deb. otfi. "B"
47% 48 TJocklng VaUey
4894
78h ,ZS« Hi^ ^El Do
pref.
1!8)4 18894 189H 1 lllnoli Oenlral
86% 26% Iowa Central.....
8894
63
64
53
Do
pref.
27k

190

190

87

•84

. .

85

1894

1894
419*

I7'anawha4 Michigan...

1894 i*-an.Olty 80. > ot. tr.otfi.
41)4
Do pref., Tot. tr. ctfi.

41

10

88

19)4
696

71
108

1794
6>4

10

18

18)4

18)4

n^
106

71% 73

•106)4 108
'18
19
•60
68
28
80)4 3094
87)4
6494 66%
0194
88
89^
74
73)4 7S>4

•18
•60

184

21%

Mexican OentraL

8% Mexican

694

£H

Nat'I

,,

tr.

recti...

Michigan Central
li}* MlnneapoUi 4 St. Loali..
108
Do
pref.
80 Minn. St. P. 4 8. B. Marie.
62
Do
pref.
3194 Ho. Kaniai 4 Texas

68%
Do
88% 89% Miiionrl Pacins...
76% 7; MobUe4 Ohio
651a

Bid.

Aik.

.nHW

36
100
835

37
108

840

mor 5s 1904... J4D (108%
Sd mor Ss 1914.. ..J4J 110
113
(ion 5i 1948— 8m Stook HxobI lit.
/It

B'waySar'lit6sga.l924 J115
841 Mint as rental. 1905 1108%
ntral Orosstown— Stook 865
«t M8s 1993
M4N ;i85
Cen Pk N 4 91t— Stock 800
..0ni0l7i 1008
J4D 104%

28^
48)4

74
81
91)4
3494

76%
46

116

103%
130
803

106%

52
•87
83

pref.

Homi4

•58
•87
•83

54
98
68

140

148)4 149)4
27), 88

64
74
69
198
33)4
74)4
43)4

this day.

8794

64%

64

65

-C

67

67

3394
4494

80

pref.t..,.,,...

i8494Jan

13 2a3i4Jan
4 li'89(Jan
'<

J'ne
31 Oct
8894 Noi

45 Deo
29 Apr
64 Deo
108%J'ne 148)4 Deo

30 J'ne
14 Jan
45)4Jan

r.

189%Jan 187%Deo
150)4J'ne 17894 Deo
195WMay aao Deo
103 J'ne 122%DeO

6

7

Jan 11 no Oct 126 Not
Jan Jl 173 Feb 175 hht
i5mJan 81
8%Oot 1494Dec
<<09(Jan 31
88%Oot 3994Apr
81 Jan 14
55 J'ne 76 Deo

iS7
185

10% Jan 19
83 Jan 31
789<Jan 21

,

2,001

Do

4 Bt.

3 394 Jan

^

Jan B
1,100
Jan 80
1.350 x88 Jan
4
300

pref.

PltUb. Oln. Ohio.

Feb 1
Jan 18
63 Jan 8
68
91

60.100 14a%Jan 31
16.697 14%Jan 88

Pere Mamnette.,,
L.

72
67

48,4 17
<i4>9Jan
69,411 68iaJan
60.880' 88 Jan

4
«

3

61V4Jan
9494Jan
68 Jan
163 Jan
2S)»Feb
65 Feb
79 Jan
68 Jan
95 Jan
38 Jan
77 Jan
4794Jan

May

18

46

10
12

83%Sep
67

May

68 Not
eo%r)eo
6kt%U0t

194%Sep 149% Deo
5 J'ce 18 Deo
'6
ao Jan 35 Deo
88 55%Jan 73% Dec
5

31

4994 8ep

S6

78

7
6

7

1

J'ne

15 Sep
40 Jan
83948ep

80)4Jan
04 Jan
aa Deo

71%r>eo
89%l>ea

Leii than 100 shares.

7

oonskoutivb vA&^ay.-^Sl RFJB7

Bid. Ask.
Btreet Railway.
183
Chrlst'p'r4 10th 8t-Stook 175
Col4^th Aye 6s-Sii« Stock Hxohl 1st.
130
135
Dry D B B 4 Bat— Stock.
118
1st gold 6i 1932... J4D 1117
F4A 101 103
Sorlp 6i 1914
800 400
HlRhth Arenne— Stook.
.

Scrip 6i 1914
43d A Or 3t Fer— Stook.
42d St Man A St N Ato..
1st mort 6s 1910. .M4S
.

8d lnoome6i 1915. JAJ

105
395
68

109
403
73
118% 116
100
99

Par ¥ Ss-Sm Stk Hxch

Ninth Arenae— Stook

Do lit
Do 8d

.

75%

Jan lBO%Deo
4 294 Deo
43 Deo
78% Deo
144
119%Jan
Deo
88 Jan 109 Mar
11 9)4 Deo 126 Aog
9%gep 18 Deo
81 J'ne 9t!4Dw)
88%Aii« 83 Deo
34

pref., Tot. tr. otf 1.

'padflo Ooait Oo.

92% 08%
Do
pref.
32% 33^ T> eadlng, rotlng tr. otf 1
74% 7694 AV lit pref., rot. tr otfi.
44% 44% 3d pref., Totlng tr etfs.

(Given at foot of

Lex At4

1

67
pref
16094 PonniylTanla
88)4 Peoria 4 Baitem

74% 74%

74
60
93

i

Vy Do

S4
02

US

>•

Denver 4 Bio Qrande. ....

Do

52 Feb 85 Deo
98 Jan 125 Deo
S494Sep
9994Feb
4794Feb 8l)4De«
9194Feb 93 Feb

!^

86

Dul. 80.

214

89%Apr
90 Apr
88%Deo

U

a
6

18

Deo

4894 I^eo

8()%Oeo

11 694 Jan V' 1 ) M Ja.n ! 4 103)4J'ne 118 Deo
8,185 2794Jan 7 Sl)4Feb 16
14% Jan 30 Not
8,306 68 Jail 16 7 7i4Feb 8
48 Jan 73 Apr
69,137
894Jan 21 ll)4F«b 13
5 Sep
94 Deo
11,875 40 Jan 31 48 Feb
86 Sep
47)4M&r
11,890 18% Jan 4 8 H Feb 9
14 Sep
20%Mar
37,980 128%Jan
ie894Fob 16 106%Bep 134m>eo
3,130 xl88)4Jan 3 202 Jan 8 17l%8ep 19494 Deo
25,180 2M%Jan 21 4a)4Feb
ie%Jan 84%Deo
5,530 80 Jan 21
»954Keb O' 64%J'ne 87 Deo
16,895 IS Jai. 30 2J%Feb 13
18 J'ne 31 Deo
768
9
8 Feb 8
6 Jan
6%Mar
4 J'ne
200 1894 Jan 8 16)4 Feb 8 18 J'ly 80%NoT
76,850 2494Jan 4 31 Jan 7
10%8ep 27%Deo
43,8U0 6 994 Jan 81 e9)4Jan 6
63% Deo
8094Sep
8,260 S9%Jan 4 46)«Jan 6
43%Deo
16 Sep
91,069 41 Jan 31 es-jFeb 16, 88)40ot
54%Msr
1,462 81 Jan
00
Feb 16 74 Oct 94%Apr
4
17 Jan 18 17)4Jan 84] 14%Apr 20 Deo
1,000 25 Jan 89 89 Feb 8
16 J'ne a7%Dee
0' 14494 J'ne i9i%Deo
1,980 188 Jan
« 300 Jan
B 66 Jan 3 6794Feb 14
53%Mai 86 Deo
888
e94l>eo
7%Jan aa 10)*Feb 18
6)4 Sep
4,600 41 Jan
4 9% Feb
8
3
30%Jan 43%Deo
5,263 ee94Jan 21 76 Feb 6
58 Jan 74!l4Deo
4,160 l879^Feb 1 136 Jan
110 J'ne 133% Deo
8,160 21 Jan 81 S8 Jan 8
ll%Jan 3794 Dee
700 48 Jan 81 65 Feb 8
58 Mar
39 Sep
900 21 Jan 8 38 Jan 16 10 Jan 86 Deo
2,700 18%Jan 4 19 Feb 4
17%Apr
7 Sei
6,600 85 Jan 4 43 Feb 8
a7%Sep 4 3% Apr
1,800
6 Dee
694Jan
3 10%FeB 18
3%Msy
24 Jan 2 86 Jan 9
14%Oot 13 Deo
400 8994Jan 21 i6)4Jan 3 30%MaT 63 Die
100 108%Jan 31 114 Feb 7
88%Feb 115 Deo
1197 Jan 1240 Deo
• ••«*
700 87 Jan 3 70%F€b 8 47% J an 89 May
89%Deo
88.865 84)4Jan 4 9394 Feb 6
6894 Sep
39,200 111 Jan 21 128%Jan 12
84 J'ne 116%Dec
16,038 168 Jan 81 174 Jan 2 143HSep 182 Feb
200 27 Jan 9 30 Jan 8
34%Jan 87%Apr
8
76 Feb 84%N0T
7 9% Jan IC 83!4Jan
59,980 1394 Jan 21
lyHB'eb 13
10% Jan 179»Deo
6 Mar
e96Feb 18
60,380
894Sep
894Jan 24
1104 Jan 115 J'ne
1,450 6794 Jan 19 74ioFeb 15
45%J'ne 71%Deo
300 10194Jan 7 110 Jan 18 87)4 J'ne 104%NOT
451 18 Jan 11 81 Jan 9 14 Sep 27 Apr
47 Not 69 Apr
53 Jan 21 65%Jan 2
17%D60
9 Sep
19,620 15 Jan 31 8^94 Feb 6
48,100 4S%Jan 4 61 Feb 5
SSHSep 47)4 Deo
72%Deo
93%Feb
7
84,950 69 Jan 4
SSHJan
35 J'ne 49 Deo
4,360 44 Jaa 91 77 Feb IS
60 |191%J&n 8 1193 Feb 1 il8S)4Jan ii8e%Mr
67,760 1899«[Jaa ai 147 Feb 16 185% J'ne 145%Deo
11 J'ne 2 4% Deo
1,470 1794Jan 21 21)4Jan 2
76 J'ne 110 Dec
100 Feb t 109 Jan 10
39 J'ne 58%Deo
835 49 Jan 81 5e%Jan 8
1400 May 1430 J'ly
1130
li34%janl5
Jan 1135 Mar
134%Janl5
236 |308i»'Febl5 .il3)4Jan 85 130794 Sep l31594Jan
18%J'ne 88%Dec
40,450 28%Jan 81 33>tJan 18
4594 Deo
8894Jan
63,830 48 Jan 10 49 Feb 16
83 Deo
67 Jan
300 88 Fes 15 8494Fcb 1
89%Dec
79,780 77)4Jan 81 90 Jan 5
4594 Sep
91%Deo
67 Sep
6,596 84)4Jan 81 89 Jan 6

pref.

4

•

8,480
8,080
4,080

pref.

?*><
Do
lit pref.
do
1994
Do
8d pref. do
16B91 1 Delaware 4 Hadion
197)4 L'eU Lack. 4 Weitem.

84

88)4

•

0%

...

pref.

Terminal Traniter..

Do

84)4 OlcT. Lorain
'2'*
Do

88% 88%

89%

8894
64)4
4394
48)4
i86

40H

10)4

were made on

OUTSIDE SECURITIES
TOKK CITY.
.i.eeok St 4 Fal F—Stook.
lit mon 4i 1950... J4J
B'way 4 7th Are— Stook.

JL^
1094

1994
153)4 16894

'85
1894

•68
55
•87
93
•62
67
148)4 149)4

384

8394

pref.

New York 4 Harlem
•is?" i39"" 1*37" 18*9" N Y. Lack. 4 Weitem..,.
i308% 808)4 N. Y. Now HaTon 4 Hart.
81094 §211)4 810 810
82% 83)4 N. Y. Ontario 4 Weitem.
33)4 33%
8394 3394
47% 48 Norfolk 4 WMUrn
46
47)4
46)4 47!4
81
83
83
83)4 81
84
Do
pref.
8494 Nor. Pao. By., TOt. tr. otf 1.
83
8694
82% 84% 83
Do
67)4 88
87)4 87% x86% 87
pref.
pkr.Ba.4N.Oo.Tot.tr.ofi.

86

7BH

Do

4

Vf.h 11

Feb
49,816 118% Jan
188 Jan
aiio

nil" 139"

83H

81

pref.

•193)4 195
•193% 195 il93 193
Hiiex
,
14394 144% 143
\r T. Central 4 Hndion..
14894 144% 147
81
81%
i^
30M 31
20)4 80h
Y.Ohio. ABULonli...
97 101
•98
101
96 101
Do
lit pref.
•50
60
«50
61
Do
eoH 61
8d pref.

14494
81)4

76

61
92!;^

Panl.

.

19)4
ev4

74>,
81
98)4
3394
7B94

at.

8^ Keokuk 4 Dei Holnei
.oS«
•28
Do
pref.
•48%
44
44
44)4 42)4 44
T akeBrie 4 Weitem....
•113
114 110
114
114
Aj
114
Do
pref.
•880 250
•380
360 •230 260 Lake Bh. 4 Mloh. Boath.
71
6944 6994
6U94 09J4 89
Long Iiland. ....,..,,.«
91)4 93)4
0194 93% LoaliTlUe4 NaihTiUe....
91!< 9.iH
117)4 119)4 117
119H 117% 11894 \if anhattan HleT.,eoniol
laiHiesH 161)4 184)4 162>, 163!4 lUetropolltan Street
•27
•37% 29 Uet. Weit aide BL (Ohio.)
29
88
88
•78
81
•79
Do
80)4 •79% 80%
pref.

55
U8
88 87
1491^15094
•

B4
86

41)4
994

•53
•87

27)4

86%

i?^ 48
\t

41%

139
814

74%

85

193)4 10S
144

49
129^4

8894
63)4

>.
•^

18

JS^
53

0I4 "16)4

4794
78)4

Do

Fob

l'<!0

59

47%8ep

1

Chicago Bock III. 4 Pac.
^^S**
130 ChlcTlt. P. Minn. 4 Om...

0H

46H

6)4

88)4
193)4

189

MUw. 4

Chicago

7694 OleT.Oln.

19)4

5s4

8a

"

^
Q
t

85J4

61

»treet

182

191)4

,\'ii
•185
•

6)i

il^
60
86

GO

n

54^

189
214

•••••!

134)4

130
183

45

• •

"73" "72)4
107)4 107!4
20
20
•60
65
2194 82
66)4 57)4
91
9194
78)4 74H

48

188%

88)4
8394

6e%

88
189

.

Do
Do

•••*>• •*i**i

• * .

88)4
3994

65

tn
:^

Ohioago Or«at Western.
Do 4p.o.debeDtnrei.

172)4 172% 172% 174% Chicago 4 North Weitem.

88IH
88)4

2994

48)4
7494
139)»
3694

137

74)4

19194 1190

198% 195)4 197)4 198%
42M 41)4 41% 41%

*i*M
iS^
8H94

83

98

•73

•

41
88)4
88)4
8

86)4
24>«

IS
29)4
66)*
4494

•811
33)4
83)4

»••••

194

19e
13

•60

a-iH

14V- 9g

B8S4

'J!..

6)4

97)4
'44

160H

.

pref.

Do

73)4
jO
11)4
48)4 47
80)4 H094
163)4 165

•79

87
149)«160

81%

10)4

17H

SS
98

17

3i)%
869^

73h

B)4

158
•87
•63

48

31

2i

pm-

HigHuU

18 Sep
40%J'ly
1894Jan
58)4Jan
&5)4Jan
7294Jan

54%.Ian 4' 59'..iKeb 4
10394Jan 9!l0l!VJan 9
ijiVe l«r)54Jan
5
4 I8fi Jan
16,396 86)4Jau 21 4i%Jan 8
8,840 369iJan 31 41)«Jan
9
7,129 72)4Jan
8
4 7e94Jan
77,041 138)4JaD
7
4 14S),Jan
35,075 91 Jan
Z ill)tFeb 18
815 iao%Jan 3 134 Feb 18
13.806 16 Jan
3
3:9<Feb 8
480 9194Jan 38 9 3% Feb 6
810 77 Jan 19 8594 Feb 6
1,800 48 Jan
54 Feb 6
3
81,071 23 Jan 3! 85 Feb 8
7,050 6894 Jan 31 7 VjFeb 9
77,08*! 142%Jan 31 162 Jan
5
870 187)4Jan 4 96>3Jan 38
5,760 168)4Jan 2! 177 Jan
5

pref.

Hast. llllnoli.

81

Jan 8
58)4Jan 8
68 Feb 13
0O94Jan 8
04 Jan 7
90 Jan 7
87%Jan 13
85 Jan 10
125 Jan
9194Jan 8

4,800

BnrL 4QQlnor.-

4

73% Jan

Loioetl.

8 laa

8
21

for

out year (1900).

Hiffhett.

8:9<Jan 4
81)4Jan 24

8>J9iJan

6 P.O. pref. "A"..
47
4p.o. pref. "B"..
83 Ohio. Indlanap. 4 liOatiT..
7C)4
Oo
pref.

994

51

SB

03)4
81

•7094

1CJ4

37

89)4
88)4

!!•'>*

80

46

68
149
190

•135

78

10)4

18394 163)4

46
84

22w
«3H

08)4

81

•83X

11^ It
78)4 73

101

46)4
•80)4
88)4

03)4
•80

3394

45
114
250
70
70
9294 03
119
118)4

SOU aou

18% 80%

389«

83% 84

1894

31)4
06)4 67)4
0094 9194
7av4 78
•193)4 196
146 14594

75
75)« .24H
138)4 18»9i
82>*
Chicago
11 )4 Chicago
10794 IK)* 108% i*"«
•130
182'.^
•181>4 183
Do

Jan

5(i94Jan

81

200

CaoltAl Traction
Central of N«w Jeney....

4194 0hMap«ake4Ohlo
3tfH Chicago 4 Alton
7894
Do

7694

76)4
•116
118

•44

66

41)4
39)4

76

78

lltt

•118

19M 18%

164

2'^ 21^
7B94

230

71)4
107)4

163

14

64)4
25)4
18
41)4

•106

66% 68% „SI
104
188)4 163'
41
4194
3994 89%

Z"^
61
BaOalo aoob. 4 PltUborg
123
pr«f.
Do
92
'azutdlan Paolfle...
(
"'*>* \ /anada Boulhern

87%

129
86

1181-^119
163)4163)4
87)4 27)4
•81

00

93k4

•

130
186

•78
•116

14

74H

9394

120

19,951
3,583
64,198

.

37

48

ISM 18JI
41M 48

.ZS^ l^^
78
81

.?2'<

128

"abo

pref.

919* r>alt.401ilo,TOt.tr.oertfi.
*»"< r> Do
pref.
Brooklm Bapld Tranilt.

14H

9

49
49M
74M 7494
180^180"

18694

2L

8794
77)4

8794 8794
193)4 108)4

9

188H

90%

87

18)4

aiH

198)^ 198)4

214

9294

37

41M

45

57% Atoh. Topaka * 8anU Fe. 334,545 43XJaD
8n->4
9a,7«6;x82)4Jar.
pref
Do

i4)4

87>4

66)^

18rt

5894
88)4

87%

«9)i

16)4
30)4

214
•185
•180

g'^
88%

14)4

87W 89H
31
81
D^ nw
S9W

14994 18894
100)4 190)4
170)^ 172

1251M

23
67

879^
77)4

196^ •195

•14)4

!S^
49

'?li
45

30)4 21)4
16494 18494

164

«!)<

Jf?*
§93)4 i2^
03H

81)4

•i85
•180

47

ie3)ii

20)4

93

217

S8W 3SM
71% 78)4
8% 10)4
46

132

317
186

14M 1B!4
S7W 88
78« 77%
•117

^22*' \l^^
138)4 134

16194 163
1198
198
•173 174

•*

180
190

40)4
74H 7894
18B94 14194

81)4

«9

1849{ 188

•186
•180

42

Railroad Stocks.

87

•118
•90

130

Lowttl.

•30

/V Do

Bange

i|

Week.

Sharet

68

87

98

N.

lo.

for year 1901.

83

8794
90)4

8794

/•'tb.

Record.

On batUof too-ih'relots

•87
= '><

0O«4

Bangt

/Balei

oftKe

STOCKS.
Y. STOCK EXOH.

80

58

87

Htf)4

'f
•73
180

81

123
•89K 97

23
58
90
93

88%

825

1.

16, 1901.]

108

1

iBt.

806

Street RallTraye.
Second Arenae— stook.
lit

men

Consol.

.M4N

1948.. .F4A

H18

&s 1909.

6s,

Bid.

108
{107

.

Ask.
801
-

-

• »

110

Sixth Avenue— Stook
800 810
Son Bonier 5s 1945. JAJ Hll
115
So Fer 1st 5s 1919. .A40 no8
Third Areune- 5« Stock Sioh list.
Tarry
5s.l9a8 107
100
Yonkers St RR 5s
104% 107
.

W PAM

88th

4 39th SU

1st 5s. '96
.

Twenty-Third 8t— Stook.
Deb 6i 1908
JAJ
Dnlon By lit 6s '4a.F4A

{118% 114%
400
410
103
111

106

113%

RAILWAYS, Jc

Street

Railway.

Bid.

Weatohest 1st Si '43.. JAJ iios

Aik

no

BBOOKLTN.

AUan-ATe.,6s lOOO.AAO {107 100
Con 6s g 193i .. .AAO in lis
Impt 5t— S«« Stook Bxo hint.

B.B. AW.B.5S1933.AAO 101% 103
•eti
Brooklyn City—Stock.... 84t
Cons 5s— S«« Stoo* Bxo banire lilt.
lOS
•
• •
•
BklynCrosstn5sl908.JAJ
100
Bklnntrtilsl 5s 1941AAO lOS
8'kyn Q Co.A Snb— S*» 8t ok Bx. lilt.
•

Bklm Rap Tran.— Sx

^'

Ok

Ht

[.1st

.

.
.

THE CHRONICLE-STOCK

326

STOOKS—HIQHEaT AND LOWEST SALE PRICES.
Saturday,
Feb. 9.

•76

Monday,

Tuesday,

Feb. 11.

Feb. 12.

14M

11^
«8H
81Jt

67^ 73

66

66

23

86% 26Ji
67%
SS«
88M 33
81« 83
6994 01«
28H 27H
56
e7H
*0H 47%
28% 84
75% 78%
89H 30%

Bl»4

5P«

69^
aeji 27^
66
67H
47M 47%
23i» 83%
75H 76H
89M 30>4
69

S6M 8Hi<
6BK
47« 48
a89«

94

76H
30«
IS8

SO

66H 67«
31
8a«

IS**
83

128

•76
•93

188

182

128

13X

123

68% 6SH
04^ OS^

U4M

87

8796

•166

176
98

71X
•88

188

86

38?i

68M 68M

7X ^9i
33H S4
4»
•84
26
eoH 62
99

32

33X

76« 78
53«
93H 94

140
•119
197

64H

8754
17)4

15K
69H
33^ 34^
17« 18H
4ajt 49M
•155

•

185

180
92
3154 82

90

71% 71%
30
30%

88
36
188

•8794

36
•186

seM sen

SI

32^ S3

46M
06^

il«
80M
196
47

6894

34%

65

55

9m

'119

97
64

94% 96%
31)4

77

60J4 639«
93)4 94
186^3 142
•119 11954

95

n»H

96

97

98

64% 66)4
08% 9a%

65«

74% 75%
89
89%

2

47«

29?«
76>i

78« 78«

66%
95

16
89
94
18

.17«
•87H 89^

•78« U"*

82^

asM

96ii

78

74

9m

as
73

eSM 64M
89
76)<

800

94%

81

5094

93%

48

78« 75X
•10

37
160

80H ^IH
8
41J4

89
194

»17
•87

16

800

H^
68
63

aa

•69«

94M
18

89 >3

45

23

15

161

8096

76K
ll'*

150

87

• Bid

38J4

77
199

1*7"
44

268,656
86,791
43,370
59.317
35,896
8,«50
23,908
20,36f
13,860

ziu Jan 21
8,84c i87 Jan IH

117794

34 Jan SO
l,76f I1H9 Jan 1«
4,332 3B%Feb 8

47

47%

83% 84

78

8

7

76% 78%

16
47

30
60
78
100
16
40

214
147)4

05
83

194% OonsoUdatad Qaa

(N. Y.)..
4894 Continental Tobaoco
Do
pref.
Detroit City Oaa
S89( Federal Steel
Do
sa
pref.
QaB k Bleo. of Bergen Co.

96
89

217% General Bleotrlo.......,.,
48% Olaooie Sugar Refining.
95
Do
pref,
.

International Paper

24

Do

73%
64% 86^

7396
614

89
•76

75
97

Internat.

36
160
21

7496

749t

74% 74%

48% 47)4
95% 97%
86% 6754
106
36
154 157
81)6 33
106

35

4894

Steam Pnmp...

Laoleda Oaf

(St.

36

praf.

37
92

pref.

800
185

82

pref.

675

pref.

81,150
11,900
13,610
4,234

,

praf.
NewOent.Ooal (naw stook)
N. T. Air Brake
,.,..

169%
88% 25 North Amerioan Oo ......

6

Jan
Jan

70
95

4,393
65

National Steel

i68W 68M

14M 14%

Jan
Jan
Jan

40 Jan
72 la Jan
37 Jan
9C Jan
53

Wan

93 Jan
35 Jan
851 15.i2Jan
44,150 19% Jan

44)i

.

. .

76?^

aoM 21
60« 61
150

87« 88H

and asked prices no
;

sales

on

this day.

Bid. Ask.
Btr«at Rallwaya.
Oonay Island it Brooklyn. 386
aaa
J&J 108 103
lBt6s 1903
•

• •

100

B'kC.&New6s'39.J&J 114%

••

aaat

106
Qhr.8t.ftN9W lst6s'0eF&A 104
106
QHp't A Lorimer St. 1st 6s
Kings Co. HlOTated.—
lat 4s 1040— Sm Stook Bxoh. list.
76
80
JiMsau Blao pref

CI1944
A&O 110 114
lit 41 1961
J&J i 08
lTawWmb'g&Fllstex.4%s 104 106
St*lnwayltteil083. ..3&i «iie% 118

i

Less than 100 shares.

t

Bx 100

p. 0. stook diT.

t

OTHBB

Bid.

Ask.

. . .

90% 101

Bid.
hlla.

6s..

illu

88
79

Pref
J

C Hob & Paterson.
4s K

Nov

1

1949. .M&N

17

80%

Kansas City Bl 6s.. 1928 1115
J&J i 91
Guar 4s 1983
10
liAke St (Chlc)BleT-Stock
J&J 100
deb 6s 1938
1118
Ry-6sl980J&J
LonisT St

Common.
Preferred

•. t

4554 Deo

73%Deo

8396Deo

2-;

Wan

7854Feb

7

5j%Feb

11
6

96 Feb
1479<Jan
180 Feb
197 Feb

e6%Feb
93

Feb

11 894 Feb

143 Jan
21?<Jan

7e%Jan
4854Jan

Jan

98%Feb

3

3

3

J'ne

794Jan

18% J'ne 31% Jan

7

15
lOo Jan 16
3394Jan 2

18 18)^ Jan
18 19654Jan
4 47iaFeb

23

3696N0V

6 Nov 16%Feb
34%Deo 60 Feb

eSWan

lo96Feb
5696Jan
132 Jan

21
2
10
81

99%N0T

60%J'ne 78%Feb

70 Jan 6
SVtFeb 7
S7iaFeb 6
69«Feb 11

19
31

18

12% J an

6796J'ne 72 Dec
30 J'ne 3 794 Apr
8894 Sep 100 Apr
36 Feb
24%Jan 37 Not
195 Feb IB 1143 Mai 191 Deo
41%Jan 9 37%J'ne 49%Apr

178

29

Jan 1160 Not

8954 Deo

Wan
Wan
81 Wan

1

1

111

34%J'ne
85 J'ne
17

J'ne

68)iDeo
99 Nov

60%Feb

6 4% Sep

86

69%J'ne

95

Feb

88%J ne 69%Apr
Feb

2

95%Mar 149 Dec

6

Mar 118 J'ly
Sep l98%Jan

107

6 187
13
18 J'ne
7
7094J'ne
7
84%J'ne
16 188 May
2
ai%Deo
2
76 Deo
8
37%J'ne
3 140 Jan
7
6%J'ne
3
39%Sep
14 117 Ooi
a
11% J'ne
3 n64 Sep

67%Deo

93 Deo
ll496Deo
140 Feb

33%Dec
7694 Dec

64%Apr
183

Deo

1696 Jan

66%Deo
131%Jan
81 Apr

301 Not
81%May 40%Deo
70 May 95 Not

7

8

7
89 Sep 98%J'ne
69 Jan 8
8S54J'ne 68)4 Deo
83 Feb 7
6054J'ne 79 SjDeo
8296Feb 14
64 May 81 J'ly
817%Feb 15 180 Jan 800 Deo
63 Jan 8 44 May 60 Not
9794Jan 6
93 Deo 103 Not
2J96Jan 6
14%MaT 3e%N0T

89)4 Feb

74%Jan

31

11

Jan

77 Feb
97 Jan
l494Jan
z43 Jan
94 Jan
80 la Jan
92 Jan
48 Jan
79 Jan
4Mi2Feb
99 Feb

73%Feb

68 Mar
34 J'ae

3

76

Not

6594 Deo

3%Ang 10%Jan

6

88
76
10

60
66
96

13
14
7

2994Deo
77%Defl
Nov 40 Feb
Not 66 Feb
May 80 Jan
Jan 100 Jan

Dec
Dec

33 J'ne

ISMMay
40%NOT

79%J'ne

96

6%Jan

Feb

16%Ang 28%Feb

Aug 106%Feb
38%Oct 46 Not
89%Oct 78%Nov
80 J'ne 53%Feb
7994J'ne 97 Feb
40%J'ne 69%Dec
8694May 106%Deo
30 Nov 37 Apr
83

14
23
7
16
6

106 Jan 3
37 Jan 8
164 Feb 4 113 Sep 176 Not
25 Feb 15
1396Jan 3394Deo
9 Feb
7i3Jan 22
6%J'ly
47)4Jan 29 a594J'ne 67 Not
10e96Jan 2 81960ct 111% Apr
6894JaB
52 Jan 2
8 8% Sep
83 Wan 2 7094eep 89%N0T
2 3 Jan
2 176 J'ne 304 Deo
18 Wan 2
894J'ne 87%Feb
65iaJan 2
49 Aug 7094Feb
esWan 7 6 9% Jan 66 Deo
25!4Jan 2
17%Oct 36 Not
70 Feb 7 69%J'ne 71 Not

6% Feb

4%Mar 10%Jan

11

Oct 104

Feb

6 754 Feb

49

28%Feb

13% J'ne 8194Dec

6
15
Jan 4

18
7496Jan

15994 Jan
15 Feb

10

J'ne

86

Feb

56%May 779<Feb
145 Mar 16954 Deo
794J'ne 19 Jan
65 J'ne 70%NOT

2

7
9

79 Jan 2
44 Jan
34 Jan 2 31 J'ly
85 Jan 2 74%Deo 10494Jan
1
n39 Feb 8 120 J'ne 10 Deo
88%Jaa
91 Feb 13
77)6J'ne

Bx rights.

Grand Rapids By....

Crosit'wn— 1st

RR—

Preferred

Street Rallwaya.
Oolum Ry— Con 5s.— 8«» P

CITIBS.

Buffalo Street By—
1st oonsol 5i 1931. F&A 1118%
Deb 6s 1917
A40 1107% 110
Chicago City
Stook.
959 860
Indianapolis Str'tRy— Sm Phlla. lilt.
Cleveland City Ry
108
102%
,
Cleve City-lst 5s '09. JJtJ 108% 106%
Cleveland Blectrlc By
83
84%
Con 5s 1913
104
M&S
41
Columbus (O) St By......
80

3096J'ne
1096J'ne

78
31

(Given at foot of 7 oonskoutivb VA.Qm),~-82RBBl
Streat Rallwaya.

78 Deo
55 Deo
18)iDec
45)4Dec

49%J'ne
13%J'ne

6

80 Feb 13
77 Jan
18 Jan 18

8,436

Do

48

72 Jan

8%Jan

National Salt

894J'ne

84%Deo

7 7% Feb

22
620 z74 Jan 34
12 Jan 8

075

National Lead,

Do

81%J'ne

65)»Feb 16

pref.

T^atlonal Biiooit

41

67%Feb

2
7

Manhattan Beaoh Co

Do
97% 99
67
67% National Tube Co
Do
105 106
•36
158

900

18,717 ISSiaJan
06S 47 Jan
411 94;4Feb
9,110 20 Jan
8,360 69 Jan
0,196 54%Jan
6)4Feb
1,080
3,520 24%Jan

Lonlt)

Do

5)tJan 24
31 Jan 34
4i2Feb 4
34 Feb 1
SSiaJan a
94 Feb 15
23 Jan 18
69 Jan 18
38 Jan 21
839<Jan 31
131 la Jan 31
117i3Jan 3
IH4 Jan 7
65 Jan 4
87 Jan 19
llQiaJan 81
137 Jan 2
l6%Jan 17
72 Jan 17
4 094 Jan 31

6,490
140 175 Jan
760
894Jan
11,950 4 194 Jau
117
Feb
a
a •
• •
800 14 Jan
14,470 187 Jan
34,913 SSJiJan
8,420 9SH.ian
1,000 88%Feb
117,060 41 Jan
88,073 68 Jan

pief.
ECuiokerbooker Ice (Cbic.)
Do
pref.

76
100

40

880
110

Do

76%

4054

Power

iDtemationai eiiTer

854

40%

—

pref.

International

89

269

pref,

ninsw. DookftC.Imp't.
10% 10%
4694 46% Colorado Fuel A Iron.
117 130
Do
pref.
16
16
Col. & Hook. Coal ft Iron.

ae

3,560

36.687
3,61S
68,745
100

Sep

49)4Jan 81
24i,Feb 6

2 3% Jan

1,93;

13,470
3,150
168,140
11,984
277,510
190

896J'ce

64

31%J'ne

n

Deo

80

95%Deo
May 8%Deo
38%May 64%Deo
1196J'ne 81%Dec
Jan

Feb
2794 Feb 13

80 (145 Jan 8 5163 Feb
40,353 8394Jan 31 9494Jan

, .

6«

oertf lndbtl908.J&J

716

,,

Anaoonda Copper
17794 BrooklTB Union Oat. ....

ti

11
15
16
14

Highest

88)(Jan S 31 Feb 6
8^94 Dec
118 Jan 8 120 Wan 9 45%Mar 135%Jan
659(Jan 21 71 Wan 88 61%J'ly 70%Deo
i47)tJan SO 147% Jan 30 138 Jan 146 Deo
78!4Jan 4 97% Feb 7
4496Jan 8l96Deo
8196Jan 81 9094 Feb 7
70%J'ne 8696Dea
b
11)6 Jan
19HFeb 8
e%Mar 14 Deo
2854Jan 4 S4%Feb 8
16 Sen 37 Deo
11 96 Jan 31
l-9iFeb b
8 J'ne 18%Dec
eSv^Feb 1 80 Feb 7
5 8% Apr
44)4 Sep
a7ialau 21 3496Feb 8
3 196 J'ne 33%Mar
14 Wan 81 IVHFeb 14
2094Mar
10 Sep
38 la Tan 17 4594Jan 31
67 Apr
30 Sep

pref.

pref

Do

21

t8%Feb

American Woolen

74
4S

67%Jan

Feb
Feb 11

tt6

4

450

pref.

78
80

67%Feb
85%Feb
88%Feb

Jau 21

18

3,183
3,490

pref.

Do

6

pref.

11796 Amerioan Tobaooo
1894

80

9

1«

Hoop

Do

98

43%Jan

7

87% Feb

O

63
63
82
70

OUTSIDE SECURITIES
Its

93
116

94%Feb
14% Feb

SJO
3C0

Wire (new)

Do

9«%

94

6

7
31

18

pref.

53?^ Amer. Steel &

6112

Feb

94%Feb
7%Jan

7I2
6% Feb
694
7% Ontario SIlTer
i',850 40 Jan
42
48
41% 43 Paolflo MaU.
9594Jan
35,795
op'l'iOaa-L.&C.
(Chic.
10196 104
zlOl
e
101%
1019610396
3,635 3 5 Jan
3H96
37% 38U 38
37% 38 PreBied Steel Car
1,300 7 5% Feb
Do
praf.
76
7796
7894 77%
76M 76
195 Wan
8,000
198 198% 198 198
193% 201 Pullman Company
13%Jan
12,139
epnblic
Iron
Steel.
&
17
17
1696
1696 17
1694
4,848 55!4Jan
Do
pref.
62
6496
63% 63% 68% 64
64 Wan
88 63 88 63 SilTOT Balllon Certtfs,
866 19iaFeb
23 34
28 83 20
loi8-8heffleld S. &I ....
83
lUO 65 Wan
69 70)4 69 69 68% 70
pref.
Do
39(Jan
8,710
•4%
•4%
694
6X Standard BopeATwlna..
8,940 52 Jan
62% 64% 68% 63)? 63
6854 Tenn. Coal Iron * BB .....
19
Jan
7,700
22
32% 83
24% 84% 281a Tezaa Paolfio Land Troat.
300 12% Jan
16 17
17
16
169* 14
Union Bag A Paper
1,000 69%Jan
praf.
71
I Do
7t
71
TO 7194
7154
744 1 53 Jan
15794 5894 67
68% 67% §57% 0nit«d States Hxpreis. ...
11 Jan
13I3
54,447
13% 18% United States Iieather.
1494
1894
73 Jan
4,563
pref.
Do
7594
74% 76% 7496 76
4,180 19 Jan
80
2096 United States Babbar
21)4
3094 30%
2,910 5996Feb
pref.
60
60
60
60%
Do
60
25 1130 Jan
Fargo 4 Co
§139
139
185 160 *137 150
WeUs, Union
ei Jan
118,036
Telegraph
90
est.
8996 91
89% 90% 89

83

140

10696

41%

64M

76

69

6694

16)4

68
•68
23

4194
7491

35

•6

7612

16

104%

156«
30« 80%

199

I6I4

8296 829t
18894 215

74
10

77

48% 48%
94% 96

•14
•70

•70

eo«

46)4

180

29

74

74Ji

6

•14

•140
86

46
180

29

80

Steal

Lowest.

70

Wan

n9H

30

41

47J4

•69

4X
«4>»
ai

94

80% 3196 Amerioan
Do
77% 78

Highest.

Range for previous year (1900).

6

4 094 Jan

650

Amerioan Bzpreu. ....>••

10 14
39
40)4
3994
90 94 •02 94% 93 04%
17% IV* 17
17% 17%
1794
188
88
89
89% 89% 87

40« 41%

38

38>t

63
•61
aa

m%

64%

•10
89

43M 4l^
lOlH lOlH 104H

•7eH 77>,
•198

lo

5694

[Vol. LXXII.

Feb

58 Jan 39
80 Jan 4
67 Jan 89
ai^aJan 4
79 Jan 2
6 3% Jan
4
17 Jan 4
41iaJan 3

pref.

18994 1S8)4 136%1S8J4 American Sugar Beflning.
Do
119% 11»)» ill9%
pref.
•95
96
American Teleg. & Cable.
§95
96
64
6S% 6496 65 Amerioan Tin Plate ......

64% 66%
6%

77

15
40

48H
94H 96%
68
68H
104H 104W 104^ 104%

6

454

96

74
66

7394

76% 76%

76>4

2,441
6,883
3,800
69,550
3,300
38,185
80,420
28,460
121,625
53,689
27,210
65,809

600
494 Amerioan Malting,
185
26
Do
pref.
6h% Amer.Smelting & Refining 187,799
98
Do
pref. 43,835

34%

689i

77
68

•117
16
189i

83)4

198
48
9S

«4H 95H
«7H 68

41W

6

25

30)4

75%

•95

•163

188% 195

185

198

88
197
48

11,240

hlrdATenue(N. T.)...,
Twin City Rapid Tranilt.

369^ 38T«
36% 389( American loe
69
Do
68% 68% 68
7
Amerioan Llnieed
7
e» 7
34
Do
85
84% 36

124

1654
..

,.

. .

•178

48%
•118

Paolllo

04
95% Union Paolflo B7
SbX 88%
Do
...pref.
17% 1H% ^[Tabaih
82
31
Do
pref.
™^
14
l^H W^heelln« & L. a., new
189< 14
57
6b
Do
57
67)4
Ittpref.
80% 83)4
Do
30)4 31)4
2d pref.
18% 19)4 lfc% im Wlioon. Central, new
44
Do
45% 4894 4494
pref.
m«cellan's Stooka.
155 175 AdamiBzprau.,..
1180 161
malgamated Copper..
89% 00)4 8794 90%
81% 81% American Car&Foandry.
819i 8196
71
71
71
71
Do
pref.
30
A.merlcan Cotton Oil
89% 89T* 30
Do
87% 87% •8794 8794
pref.
34 36
^35
38 Amenoan Dlitrlot Tel

109«

182

121

,

93% 95)4
87% 8894
17% 18!4
81% 89%

7i%

178

lOii

TOt. tr. otfi.
1st pref.
3d pref.

Do

44%

2

h a. JTr.,

Do
Do

74%
89% 29% Tvx&Mh

181

19
74

119
174

o

74

Bt. li.

..

2754 8t.Lonli Soathwattem...
67
Do
prof.
4654 Sontlieni PaolfloOo
23>4 Sonthem, rotlng tr. otfi..
75»^
Do pref. TOt. tr. otf •

45%

198

as

•35

120
68

9d pref.

S^ Law. & Adirondack

64

2'^94

101% 192% 192 193% 198%
46
45% 489* 45 12
96
98
96%
88% 8894 889< 839( 8854
6312
60
60% 62% 5196
80
83
80% 81% 81

•76

•91

68

91% 98
118% 115%1179<
140% 140%

48H 43H

•94

•88M

57

17
17
17H
193H isaM 193«
47
im 47H
98M 05M f5%
88M
53« 62% 63M
83
81M 81

saw
78« 73k
63H e3N
7M 7H

•10

2894

116

46H 47
•178 180
118

6894

30
76

8lia

87%
33

Ittpref.

Do
Do

35%
82%

89

x88

48% 47%

84%

85

25

B5M 60>9
94H 98
31« 38%
76H 77
5m 63^

10

loa

359«

82%

61
289g

Lowest.

pref.

6694
669<

Shares

66

St. J. AG. III. Tot.tr. oti.

2.

Range for year 1901.
On basisof loo-sh're lots

Sales
of the
Week.

WMtero

im

85% a6%
861a

82

49^

25

71

49
123

66% 67

Do

Page

(2 pages)

STOCKS.
STOCK EXCH.

Bio Orand*

95

66%

60
8B9«

120
68

85

ll5i

68

185

38%

at'*

95

2454

6594

N. Y.

PEICES

. . ,

694

98M 93
117W 118M 117H 118
19
19M 18% 18%

49
•118

36
190

7

9tl

45M 46
•177« 180

8894

36)4
6894

141X 140)4 143^
120
97
65

19%

165

176

91^ 92M
22^ 82H
71
71^
30M SOM
88
36

89)4

31% 84
14% 16>4
67%
81% 33%
18% 19
44
45%

34

16
S8

ll""
»0
36

•30H
•84
1186

88Ji

83^

at

93% 96H

("BH

8H^
17% IBX

89

17« 19J4
S3M 3t9<
14K 159d
58
60
saw 34H
17
17
«B
42^

75
93

10% 11

2 3)4

Friday,
Feb. 15.

Feb. 14.

96

1*M

66 >a

•80
60

Feb. 13
•76
•98
10

••••«• ••••ta

la

Wedneiday Thurgday,

.)
,
,...,
..
.

.

.

76

106

RAILWAYS,

die.

Bid. Ask.
Street Railways.
i^ynnAUos-lsi&t 24.JAD J118% 118%
Mlnneap St Ry-5s 19.J&J {108 la 110
84
31
83
New Orleans City By
98
96
Preferred
811a
19
North Chicago Str— Stook 800 8t)2
81
Ist 6t 1908-18
J^fcJ
107% 108%
180
86
North Jersey St.— Stock.
34
sav, 88%
93
Bonds
lOM Pat Ry con 6s 198t .J&D 1130
8d 6s 1914
10094
A&O 1106 108
180
rrov A Pawt'ok-lst 6s '33 {lis
116
80
inter est.
I Buyer pays aoomad
118

Ask.
list.

'

Feb.

THE CHR0N1CLE.-B0ND

16, 1901.]

BONDS
W.Y.STOOK EXCHANGE

'-•2

WUK ERDDia FEB. 15.

Print
Friday,

R^ngeor

Feb. 15.

Ltut Sale.

Aih. Low.

Bia.

Bangt

Week't

Tear
1800.

High. Ho. Low^High

aeeSoHj.
la Mid. Seee»'.Fla.&W.

Alabam a Cent.
A.lbany

A Snsq.

iaiegheny Val.
AJletj.

* W.

S««

1995 Nort
1995 Novt
Stamped
BqnlptrBer AbSi....1902 J -J
Slo4 8t Loalit6»..19lBni-8

98
Bale
i**«i

108K

102X

Jan.'01

Bale

D
Atl Knox & No 1st K 5b.194«
Atlanta & Uanv. See 8o Kj
Atlan & Tad. Se« South By
AMtln*NW. Se«. SoPao..
Creek 4 8. S«« Mloh Cen
Bat
ftlt*0 prior IgSJii.l 928 J -J
1925 J - J
Baglttered
1948 A-O-t
aold4t
1948
A-Ot
Beglitered
-

106

BMOh Creek. SmNTCAH
B«l * Oar. Sm Illlnoli Cent.
Se« M K 4 T
way 4 7th At. S««MetBRy
Bklyn 4 Montank. Su L Isl.
Bnmi4West. See8aTF4W

78H eo

Deo'OO

106

96H

Bale

103M

Bale

9«

103
lOa

93M 88M

108^

86

97H 102M
esK 101

Jan.*01

905i Feb

89

89

89%

111
111

May'bo

Bale

M-8

'0

es
61

91

85M 98
111" iia*

J'ne'99

nffH4Pgeng6i
Debenture 5i

new Feb '01

116H

A114Weit lBtg4sga.l998A-0 io6«
O14MablBtgag0s...l948 J -J

aoflb4Plttilltg6i..l921 P-A •127
1938J-D •189
Ooniol lite
Bnff 4 Bontb weit. Bm Krle.
Baff48niq Itt gold 5t.. 1913 A-O
1913 A-O
Beglitered
1906 J -D 107H
BarOB4Nlit6i
.1934
A-O 123 Bale
Oonlit4ooltrKSi...
1934 A-O
Beglitered

0BIF4NWlltg5l.l921 A-O

M4StLlitgag7i....l927 J-D <•••••
CanadaSontblit6i...l908J -J 107
1918ni-B 111
8d5i

Jan.'01

100

NOT'99

Feb

'01

107^Feb'01

Bale
Bale

133
117 NoT'OO
118H(Dec'00
107

107
111

1U4

Apr '00

M-N

1945

04

Feb.'01

100

98

118V,

liis

Hi,

98
Feb '01

103

Bala

103
98

Oot.*00

-

Ovntral Ohio. Bee Bait 4 O.
OanBB 4 B of Qa—Col g 5i'37 m-N
Oantof Oa By— lit g 5l.l945 F-A*
1945 F-At
Beglitered

1945 M-N
Beglitered
lit pref Income g 5i . .1945 Oct.t
9d pref Income g Si. . .1945 Oot.t
Sd pref Income g 5i. . .1945 Oot.t

97

70

39K
18

Bale
Bale
Bale

1946J -J
If 4NDlTlitg5i
If Id Oa 4 Atl DlT 5i... 1947 J -J

MoblleDlTlitg5i....l946 J -J
Oantof N J-lBtooni 7i. 1902 M-N
1987 J -J
Oeneralgold Si
1987 Q-Jt
Beglitered
OonTertlble deb Bi... .1908 M-N
Am Dock 4 Imp Co 61.1921 J - J

Le4nud KKeu

W

108H.....
131

Sale

137

18
96
102
108

113

198

71« 138
34^ 3U9
132

17

1886-1926
Bztenslon4
RoKUtered.... 1886-1936
1967
Gen Gold 8%s
1987
Registered
BlnkEiK fund 6s. 1879-1929
..1870-1929
BegUtered
Blnklng fund SS..1879-1929
.1879-1929
BegUtered
8S-year debenture Si. .1909
1909
Beglitered
80-year debenture 6s.. 1921
1921
Registered
Binkmg fond deb 6l. .1933
1933
RegUtered
Des Mo 4 Minn 1st 71.1907

IISM
106
Bale

ui«

lltOOUgSi

Beglitered

106

180
1181^ 117

1989J -J

adoong4t

WarmBprVal Iitg6il941 ni-8
Hill Lex 4 Bagng9i.l902l»I-a
OblO 4 Alt Kl^-8 f 6l. .1903 M-N

Befundli K BOld 38.. ..194}" A-O
U S Trust Co receipts... A- O
,1

106

108%

118
1179(
115)4 110%

131H

6

106H

"ii

117

941i Ang'OO

OttCF4BtPlst5i..l909
Wlnona4StPet3d7il907
MUL8&Wlstg6s...l921
Bxt4Impifg6i...l929

1988
1988
Dei H 4 Ft D lit 4i... 1905
1905
llt8%i
1905 J
Bzteiulon4i

103
106

St

Bale

10714

99%

94%

.....

ib'oii

General gold 61.
Cblo 4Weit Mloh

Ry

6i.l92l

ConponiolL
Choc Okla 4 G gen g

1921
5i.

103%
Feb

ibs"
106%

1998

1990

RegUtered

Spr 4 Col DlT lit g 4i. 1940

113

113

187W

18714

103

S

Qen

106% 116%
111% ISO

'01

SO 100
118

Jan.'OI

107
117

1110% lllS
{117% 181%

|116%115%

180
181
••130 188
.... il87% 144

Ufe%
F(;b'0:
Jaiu'Ol
Jan-'Ol
Jau.'01
Jan.'01

J117
2 118

•

....,1106% llt%
•••!!l06% 118

•

1081*111%

Mar'OO

107

Jan.'01

106% 110%

Not'OO

111

OCU'OO

108%

Jan.'01

i

107
107
12 107

lie

lie

119

118
180

185
180

108% 108%
118% 118%
112% 1182
lllQ
lllO
1130
185%
3 133% 180%
20 132% 137%
^187% 187%
1189% 180%
1105
107%

135

1

130%Jan.'01
130 Not'OO

Bale

180 184
187
188%
45 103% 109%

108% 109%
107% Not'OO
96 May'OO
86% Ang'OO

97
118% 113

Deo'OO
112

136
134
140
Rale
Bala

1914 J-D
7i
ooniol gold 61. . 193 J -J

107%
100%

NoT'99

188% Jau.'01
139% Apr'OO
107% Not'OO
109% Ang'OO

180% 131

14% i liU

iii*ii~

Jan.'01

12:

110

107

105% 107%
96

06

86%

8614

ee
107

07
114

Feb '01
May'OO

181
131
140

186
140

131%
97%

14 187
57 01

Oot.'9M
11994 Jan.'Ol
100 Oot.'99

118

180

108
116

108

186%

131%

96%

18094

188%

07%

106
'119

J'ne'99
Jan-'OO

103

US

Dec 00

113

Oct.'00
Jan.'01

113%

'llS

Bal6

99

105

May'e9
Oot'OO
Not'OO

04

'01

106

106%

ll8%Jan.'01
l86%Jan.'01

114
194

laP

134% Fab

116

0«

"os" 106%
100% 104%
Oi

99% 101% 83
•104
104

114

'01

Jan

99
94

101%

0994

111

104

108%

117

118% 115%

t

1934 J -J
* 171.1901 A-O
C4B lit
litpf 5a...l9S8
OInd *
Peo * But lit oon 4i. 1040
1000
Inoomeii....
1 Lor 4 Wh oon lit 61. 1033

M

n

W

.

lie

•>

113% Apr'OO
111% Apr'OO
120% Not'OO
136% 139%

<

M-N

100% 109
aoT * Bfanttta. Bt* Pa BR.
120% 140% Cler * Mahon Y al g Bi. 1038 J -J
1038 4a-J
108% 118
BagUtared
ClOT 4 Pitta. Stt Pann Oo.
118% 188
113

....

139

132

Feb

188% 19f

'01

BMrUterwl

107

13 188% 138
13 118
117
115 116

106%

188%
138%
142%
189%
105%

117%110%

103% Feb '00

'HO

111%
174%

••>i|166

•••

Deo'OO
110
Deo'99
116
Feb'98
Feb '01
ia3%Jan.'01

'ISOK

J-D 103%

M-N

I

Conioli

«.

11

•

107
110
105
lie
11794
184

COC41oonsol7i,...iei4 J-D 138

10894 118

130
120
115 Ang'OO
113)iJan.'01

Feb

C

113% 117

'01

>0: 134% 18714

•••109

•

01nW4MDlTlitg4i.ie91 J-J "0994 ioi% 98% J&n.'01
BtLDlT lltool trg 41.1990 M-N •104 106 104% Feb '01

100% 103
104% 10494
100% 103
10092 106%

11314 Feb '01
11 IH J'ne'99
lOOK Oct.'00
141)4
141)4
11114
11114
18314 Jan.'01

114

Geng4i

88

103

^^!ll8 188%
< ,110% 117%

I

103
113

185%

•...|117

110%Jan.'01

Cairo DlT lit gold 41.1939 J -J

118%

1C3K

106%

C C C 4 8t li—

81%

i03

119

A-O
J-J
ClnD4IlitgnB6i...l941 M-N
:m-n
3dgold4%i.

10e94

Apr '00

I8S%

110%

lli9i

•••11117% 180%
•••1I8O 184

J'ly '95

Jan.'01
Jan.'Ol
Jan-'Ol

99%

11

Jan.'01

|109

120%
116%

12E94

lb594

113% 116%

116% Deo'OO

J^d

85H 462

10494

108

91

1936 0-Vb
lltg 4i
1936
BagUtered
Cln 8 * 01 oon lltg 61.1088 j-fS

11894 Not'OO

,

1

1905
1987

i)

M-8
DlT lit g 4s. 1940 J-J
W WBt Val
L 4 C cons 61.. 1930

lOlK

Keb'Ol

108
107
110
103

-J
-J

93% 98
91% 08

10414

109

109

....

Bale

-J
-J

1932 u-

ClnS4C. S««0C04StIi.
Clearfield 4 Mah. Sm BR4P.

93

10

110%
118%
117%

P 4 8 City 1st g 61. .1919 A-O 181%
97%

117

95% 104%
101

118

118%

U894

-J 103%

Cb 10 Ter Transfer g 4i..l947 J-J
Cb4WeitIlstsfg6i..l919 M-N
_

117

106

Jan.'01
Jan.'01

187

Nor Wliooniln lit 61.. 1 930 J -J

CIBtL4C. S««00C4BtL.

NOT'OO

93

136
126%.,..

no%

ChloBtPM4Ooonei..l930 Jj -D
.q 'ISS
CbBtP4Hlnlitei..l918 H-N
u-N *135

13194

96
108

119%
122%
12U%
115%
137%

Bale

:>i-8 '111

General gold 4i
RegUtered.....

115%
98
100

93

Han48tJoi con 61.. .1911 ni-B '132^ 188M
flkloABIlL litif onrai.1907 J - D nan...
BmaU
1907 J-D
IfteongSi.
1984 A-O 186
Q«neonlit5i.
1987 M- II 130 Bale
BMtitered
1987 M-N
Okie 4 IndO By 1ft Si 1986 J -J 118«
Okioago 4 Hrlou Sm Hrtc
Oh lB4Loali-R«fgOl.l947J133
Befnndlng B Si
1047 Jioe% Bale
LooIitN A40b lit6i..'10 J - J 118

Col Mldl'd— lit g 3-4i.
lltg 4i
Col 4 Boa lit g 4s

. .

1047 r- J
1047
. J
1939 F-A
I

101% Deo'OO

98%
63%

98%

97%
61%

Bale
Bale

ioiji ieiii

16
869

84%

110

111

Bep.'00

84
106

138

ISO

Jan.'01

198

81%

Bala

81

86

Bala

64

81

88% 870

80%

88

lift

87%

560

se

96
60
111

139

80%

•9

71%

81

OolAOthAT. SMMetStBy.
Oolom

A GraanT.

Btt Bo By.

4 H Yal. Btt Hook YaL
OolOonn4Tarm. SmN4W
Oonn 4 Pai RIts lit g 4i.'48 ACol

*Gt Bo. 8m CM *BtP.
Dak
allai 4 Waco. S«« M K4T.

I

and asked this waek. tBonds due July. tDaeNor. UJaeJune. TDaeJan. IDae May. a Option aalai. bDaeAog. cDae April. JDoaOaC

OUTSIDE 8ECURITIE3
• traat Railway.

11 100

J'ne'OO
10714

A-O 119
4i
1919A-0 106H,
Ifobraika Kzten 4i .... 1 927 M-N nan
BegUtered
1927 m-N
Boatfiweitem DlT 4i.. 1931 M-8
OonTertlble Si
1 90 3 M- 8
Debentnre Si.
1918 M-N mu. ...
Iowa DlT link fd Si. ..1919

* No Price Friday; latest hid

100

103M

100
10»>< 100
107
10114 Apr'99
108
103K Jan.'01
10BJ4 Jan.'01
104Jf
94 Jan.'01

MUlBlTBlstifg 6I..1913A-U
RaUwav, gold 3«s. .. 1 950 - J
86H
Cblo Bnr 4 Q— Con 7i..l903J-J 108H
1901 A-O lOlH
Blnklng f and 6i
OblO 4 Iowa DlT Si. ... 1 905 F -A
1922 F-A M03
DenTDtTil
minoliDlT g 8^1, ,,,1949 J -J 108K
Beglitered
1949J -J
.

Ang'OO

131H

180%
115%

Keok4DeiM lit 61. .1923 A-O
1933 A-O
Small
OK Cblo 4 St li See Atoh T 4 8 Fe
ChloBtL4NO. Am III Cent.
Chlo 8t L 4 Pltti. Sm Pa Co.

180

118H Jan.'01
11814 Jan.'Ol

....

13294
11(5%

.

ClnH4Dconsf 7i

1911 A-01 113
1939 IVI-N
19S9|>1-N
1992 lH-8 106^ Sale
Oengold4H
1992 M-S
Registered
Craig Valley lit g Bi. .1940 J - J 104H
B4 A DlT lit con g4i 1989 J -J 106

Gk)ldei

103K

m%

F-A
F-A
M-N 110%

North nunols 1st 5S...1910

82^ 68
'^ 30H

gag5i."^0,I - J

B C 5b,
1912M-N
Leb 4
Con ext guar i^a... 1910 Q-MI 108M
Cent Pnolflo See 8o Pac Co
Obarlei4 8aTlitg7i...l936 J -J
0hei4Oblo g 61 ler A..1908 A-Ot

166

111)4

105%Fab'98

.

909^

106^4 11114

130

114

Bale

. . .

130

77 1171i 13014
5 116
137Ja

J'ly'OO
Jan.*01

il66%15l^

185

118% Deo'OO

1-n •116 110
A-O
A-O 108%
A-O
M-N
M-N
A-O '115
A-O
M-N
M-N
F-A
Bscan4L8nplst6s..l901 J-J
IowaMldlandlst8s...l900 „
A-O
_
1905 mM114Mad lit 61
M-H
H *lll%

00
88m
96
06

lOS

168% 17t
|173%17S)«

Jan.'01

•••

U3H

Deo '99
J'ne'99
Oct.'00

190
185

Jan.'01

M-B
ni-s
M-N
M-N
m-N
\09Vi
F-A
K-A
109M
Mloh DlT lit gold 61 1924 J.
104
J-J
J
AihlandDlTlitg6il925 [Yi-g
M-8
1907
Convertible deb Si..
F-A
p-A
1011 M-N
Inoomei
yi-ii
Cblo Rook 111 4 Pac1017 J-J
es
87H 08
1017 J-J
RegUtered

117

185

172% Apr'OO

•••

11714

91

185

Bale

118!4

118N

113K

Low. High. No. Low. Sigh

Jan.01

20 106
8 106
104

106M Deo'OO
138M 13194
180
180

109

116

lOSM

69«
39H

106

Attc.

Tear
1900.

117%
119%
uo%
118%
Mll4NolltM L6I...1910 J-D U»
121%
1913 J-D 130%
lit ooniol 61
189%
Chlo4N'west—Oon7i..l915
1903 ?--s 107" ;;;; 107%
Qold7i
1902 J-D 107
107%
RegUtered

181

128

-J

Is

118)4

IISM

189
184

US

123

Oarb 4 Bhawn. Bet ni Cen.
Oar Cent. Sm Seab 4 Roan.

0artbage4Ad. Se«NYC4H
O R la F 4 N. Se« B G U 4 N.
0«n Branch O P lit g 4i.l 948 J

OeniolgoldSl

1910

Mineral Point DIt 5S..1910 J-J
IstBo Minn DlT 6s.... 1910 J -J
1 St Southwest DlT 61..1 909 J-J
Wii4Mlnn DlTg 5i..l931 J-J

l«t«** ••••%

Apr -97

103
180
130

. . •

1913 ni-8

Beglitered

100

-J
-J
-J
-J

1908 J-J
4 D Biten 7s
IstLaCrosBe* D 5s. .1919 J-J

.

1937 M1947 J -J

Q-JJ
J-JI
J-JJ

1910 J -J

Chlo4PacI>lv6s

BooneT Bridge.

BiiffNY4Brle. SMBrte.

Weelt

J-J_

J-JJ 114%
jJ-JI 114%

Cblo4P Wist g Si. ..1921
1916
Dak4 0tBog5i
Far4 8oaaisng6i....l924
lit Holt 4 D DlT 7I...1910

106

96%

86«

Bid.

327

1.

Range or
L-vtBaU.

Feb. 15.

Chlo4Lan DlTg5s..l921 J-J
Chlo4MoRiv DlT 51.1926 J-J

84M

84yi

5s
1st I

MononRlT litgagSi.1919 F-A
O«nOhloBlitog4V)(il930

Jan.'01

116

105

F*

-J
1925 J -J

RegUtered

87

98K 108
98!4 lOlVi

288
90

PJon&MDlT litg8^«1925 M-N
Beglitered
Bonthw DlT litg UHi-192!i

90

e

498

79M Deo '99

awUteredT

.)

96

96
lO.S^

Price
Friday,

8t

Cblo Mil A 8t Peon 71.1905
1914
Terminal gold 5i
aengold4iserleiA...1989
1 989
Registered
Gen gold 3%i series B.1989
1989
Registered

P.

1»«5 9-JJ
OflVi
AxEnArborUU4.
103M
Atoh T * 8 Fe gen « 4i. .I»e5 A1993 A••••ti
B«Klltere<l
1995 NoTt
i3H
AdJnitment g 4i

Paob

Paul—
J -J 185
M4 8tP— lst7s5gRD.'02
1902 J -J
liD....
lst7B « gold
1903 J -J
lltC4M7s

&

Cblo Milwaukee

D4H

BR. &

(5 pages)

BONDS.
8l
N. Y. STOCK EXCfHAJ^QE
WlEK ElTDtRO FEB. 15.

S«ePeimCo.

See

PRICES

Bid.

Roohester Ry
,.,
30
OonSi 1930
,440 1109
8d6s 1933
J4D H8%
Bo Bide Bl (Chlo)— Stock 100
ByTaonieRap.Tr., 6b, 1046 1 99%
Union Trao (Chlo) Com.
11
Preferred
80%
Onlted Rys (St L Transit)
34
Preferred
77%
Oen4i 1934
J4J 1 90%
On'd Tr4Bleo(ProT)-8t'k loe
Wast Chloago oi
99
Oon a 5b 1936
M4N 1101%

(Given at foot of 7 consboutivb pages).— etuis' SECURITIES,

Gn«

Ask.
86

Gas

78 li

Bid. Aik.
Neenrltlea.
Bast BUer Gas—
1st 5s 1944
J4J #113% 114
108
Preferred
Consol 5b 1946
J44 106 109
Nor Un Ist 5b 1987.. M4N 109% 106
NB'W YORK.
188
Cent Union Gas— 1st Si no8% 109% Standard Gai Common. 130
148
150
Preferred
Oon Gas (NY)— Stock— Y atk Bzoh
,
Ist 5s 1930
M4N 116 117
Bqult GasOTHBR CITIB8.
con. Ss 1938- S«« Stock Ex. 11 St.
896
800
Baltimore ConsoUdat—f8« sBalt. JUlt
Mntnal Gas

91%

N.

Ask.
33

91%
101

100
18
Bl

3t%

Securities.
(MaislTr-O^m

.fToroester

Bid.

84
106

NY4

—

Bay Bute Gas—

Amsterdam Gas—

111
9014

NY Eleo

101%

Gold

Ist oonsol 5s

Lt Ht

6S-8M

4 Pow— N,
N. Y.

1

108% 100
Boston UnltadGai Bonds- -BoBto
Bzoh Buffalo City Qai— Stock.
e%

Y.Stk.

8U. Bxoh. LUt.

lit 5i

Bonds

1

73

1%

nlilr

8

76

Gaa

dtc.

Bid.

(JleflarltteB.

Aik.

Gas— Sm N T 8to ok Bx ok
167 187%
Cincinnati Gas 4 Coke.
46
SO
3ol Gas L 4 Haat—Com..

Chicago

.

Preferred. .»<
lit 5s 1933

76

70

J4J {106

107
15

....

OjasoUd Qas(NJ)— Stok

10
80
..J4J
SO
Oonsol Gai (PltU).
50 t>l55*«
Pref
1st 5s

1930

...

•6

BIM

119% 118
Bonds 5s
Consum 0»* (J City)—
105
MAN
«105%
Ist 6b 1934
lAnd interit. tPrloe per sta are.

1

THE CHRONICLR-BOND

32-5
BONDS.

fr.T.BTOOK EXCHANGE
Wbbk Ewdvkq Fku. 15.

Pne4

Week's

Bange

Friday,

Bangeor

Tear

Feb. 15.

Last Sale.

1900.

Bid.

9*1 liMk

h WMt«ni7i..ie07

J-D
J-D

nYLaokAWlit«i..l93i

Low. High
188)4124)4
136
141

138
104)4
138

J -J

1S9V< Jaii.'01

104H Feb '01

136
118

120)4

1931
1931 [«-N

Ooi.'98

Bale

RegUtered

146)4148"

'01

Deo'OO

113M
Deo'OO

ft

Jan.'01

1936 J - J *iosKios^
1936 J -J "107 109
lltOODgiKl
6i.l938
gold
ImproTement
J-D 10»M110)<
RloOSoga. /S««KloQrSo
Dee M ft Ft D. fiM R & I P.

lstoong4i

Dei M ftMlnn. Sm Oh ft N W.
Dei M Un By lit g 6i. .1917

M-H

.

109

110

DetMftTol. SMLBftMSo.
96
Det ft Maok litUeng 4i.l999
1995
88
Oold 4i
Dnl ft Iron Range Iit6i.l937 A-O 111
1937 A-O
RegUtered
1916 J-J
8d6
Dal Red
ft 8 lit g 51.1928 J -J
Dnl Bo Shore ft At g Si. 1937 J-J lis
Eaitof Minn. SMStPHftM.

,**«?'**.,..

98)4

88

.

Nov 00
89M

118)4 Jan.'01

109M Deo'OO

107)4 lis
116)4 119

133)4 183)4
184)4 li3

84

S7

9

188

67

86)4

•••••• •••••
•••••• ••••«

•

116)4 ISO
107)4 111
98
99)4
90 106)4
108)4 US

.

.

104

W DO—
W

88 Bale
"ilH Sale

',

103)4....

99

.!••• tlft..

86

71

71%

W

BH

LNOftTexgold

4s.. 1953

195S

B«gui«i«d

Cairo Bridge gold 4s. .i960
1950
Registered
LonlSTllle Dlr g S^s .185i

1953

Xteglitered

MldSeDlrreg

6i

1931

56

8»curltleB.

aa«— Sm N Y Bxo

iiex ft Hadion Gas
Fort Wayne (led)...

ga g

Long Island—
Istoong 5s
lstoong4s

4s. ..1945

M-N
M-N
D
J-D
J
J-J
F-A

Bid.

100

118)4,

183

121
Ang'OO
90
Not'98
12694 Feb.'01

97
47

O

1981 u-

js

.....1931 Q-Ji

BklynftMonlstg6i.l811

J-D
M-8
J-D
M-8
J-D

M

M-8
N Yft R B 1st gSs... .1937 M-8
NorShblsteonggafs..'&8 0-0
La ft Mo RlT. Bu Ohl ft Alt.
lst6s

......1911

Sold

6s., .,.,.,.,,,....1987

110
100

Oeoel Br 7s

69)4

100

10494

89

S5«
09)4

84

Deo '98

98)4 Not'OO
99)4 Jan.'00

ft NaibTille—
General gold 6s. ...... 1980

99)4

Sale

106)4

104

106

ibeji Feb*'01

106

83

98
108

106)4

108

Dec 00

116

116

114)4

113)4 Mar'OO
106)4 Deo'OO
108)4 Apr.'98

106
•••- ••••
1C4>4 Sale

104)4

114

100

104)4

104M Jan.'99

104
•••• 98

•*••••
•«••«• ••••••

A«k.

40
S6
46
86
46
63)4
litOi 1926...... ...JftJ
104
101
drand Rapldi— Btook
FftA 1103 104
lit 5l 1915
Hartford (Ct) GaiL...25 t 48
40
36
Hndion Co Gai
108
108
6igl949
Indiana Nat ft ni Gas—
60
46
1st 6s 1908 ...... MftN
46
56
Sndlanapolli Gai— Stock.
MftN 04% 96
1st 6s 1930

106

Dnmedg4s

,..,.,.1940

RegUtered

1940
1931
1903-18

Coltr6-30g4

...1907
Nash Istg •S...1919

B H ft
LClnftLexg4)4s...l931
NOftMlst8«rH„„l«80

••

••••••

98

188

and asked

100

108)4

••••• ••••••

••••••

May'99

this week,

t

Gas

j-D
M-N
j.j

j .

Bid.

80

AftO 1100
Laclede Oao— N Y Stuck Bich.
Lafayette (Ind) Gaa..,
40
Ilt6i 1924
MftN 45
,

Aik.
80
108

46
»S

Loganapt ft Wab Val—
lit6i 1925
46
66
JftD
Madlion (Wis) Gai— Stok 70
76
llt6i 1926
AftO 107)4 110
Newark Gai 61 1914
141
il40
Newark Consol Gas .100
65
JftD r.04
106
6s 1948
.

New Bn« Gas ft O—SmBo stonL

Ut.

187
188
101

107)4 Jan.'01

106)4 106)4

108)4

102)4 Not'OO
103)» Ang'OO

108)4 108)4
108)4 !•*

•••••t ••••••
•••••• !••••

i08)4 Deo'OO

100

106

123%

... .. •••«•,

103

13694

126H 185

116)4

69)4

'

•••••• •••••«

9»i9
68)4

99

99)4

67

116)4

116)4

70

•••••• •«•••<
f

•• ••(

240
70
8994
63)4 Oot.'00

61

70

68)4

68)4

10
14

117)4

116)4 1*B

losS i>o
110

111

106%

111)4

109
118

111

Ang'98

11094
11094
109)4 Jau.'01
118 J'ly'OO
109)4 Oot.'99
10394 NOT'99

IKM

...... ,,,,»4
.•••a, ».••••
..... »*«»M

"96" Jani'Ol

97

66

64

HI

104

114

119)4 18694
88
99)4

20

189)4
188H
117)4
ll-^li
116)t Jan.'0l

110
110

now

106)4
6
6
4

186

»9>4

67

•••••) •!••••

>8M

91)4

...... »«»**4

101)4 Sep.'99

188)4

128

103
108
104

104

114

106
100
98
96

Jan.'01

98
95
119
108
108
109
110

104

100
Sale

180

Jan-'Ol

30

188)4

Ve'ToT
97)4 106

100
10
86

Oct '00
9S)4

S

95

10«<
99

.....a ******

•»••••

106

119

May'OO
Deo'OO

106
106

106
lis

119H
Feb '01
10094
lOlH

lie

188

110
107
106
113

119 Sale
118)4
101)4 Sale

j

M-N

A-O
m-8
. o
M-N
'

NFlaftSlstgng6s ..1937 fPensft Atllstgag6s.l92l

Ang'OO
Jan.'99

a-O
j . j
Mas BWOolonUg6s,.1934 j.D
IfaK'ptftBY. SMPMoKftY
tfetropoUtan BL Sm Btan Ry.
MezOentoon gold 4s. ..1911 j.j
1990
RegUtered
MatropolBl Iitg6i...l908

Ideonlnoomeg8s.,..1989
1917
BcnlpfteoUgos
Sd eerlesg 5i ..„,,1919
ifezlntematlitooug4i.'77
1987
Jax Nat lit gold 6

j'lyl

A-O
A-O
M-8
J-D

8d Ino 61 ACp tmpd.1917 M-Si
Sd Income gold 61 B.. 1917 An.1
Hex North lit geld 6i.. 1910 j-D

Mloh Cent.

1910

Sm N Y Cent

j.D

119
118

107)4 iia)4

67

96M 108

15

96)4 II'O
108)4 1<>^
111)4 115

-01

•«

• • •

105
118

11194 Feb
100%
10094 10094
106 Deo'OO

Nov'OO
Jan'9s

116
108
130
117
•••» ••••• 116
•••••• •••••

Jan.'01 a36
Oot.'00

136

A

f-a

SftNA0ongng6s....l93e p. a
Blnktd(BftNAlges.. 1910 A-O
Lft JeffBgeOo g1lg4B.1946 M-8
LNAftO. Sm OlftL.

Deo'OO

186)4 Jao.'Ol
68)4 Oot.'00
99)4
99)4
112 Jan.'01

Jan

118

'01

118 Jan.'01
111)4 Jan.'01

'111)4

99

80
117
116
187
1

68)4 08)4
»594 »»«
107)4 111
109 111)4
11094 113N

107

111

96)4 Oat.'99

106

117

10

187
117
116
183

117)4 117

83 Bale
80)4 Bale
14% Sale

8394
29)4
14>4

••••c •••••

85
103)4
81
18)4
106

99

106)4

81

117

16 118

83)4 124
82H 24S9
10)4 lb24

86)4

15

118

70

88

90)4

*SM

10

16)4

88)4

108

Apr'OG
Apr'OO

106)4

J'ly'OO

81
IS

108)^
81
17

May'OO

108

10N4

MidotNJ. SMBrle.
IfLBftW. SMOhloftNW

UiUftMad. SMOhloftNW
SMChMftStP
un&StP. SMChMftStP
IfUftNorth.

Bonds due Atunut.

8eeiirltlea.
.100

*fMM

100)4 NoT'Oo

123%

t Due April.

I

Due January. 1 Due October.

(Given at foot op 7 ooijsboutivs pages).— 6^4 /?, TEL.

Kaneai City Gai
5i 1932

114)4

119)4 1>1

186
128
100

127)4

J .J
tdgoldas., ,...,„,. .1980 J -J
Pcnsaoola dlT gold 61. 1980 m. n
BtL dlT Istg Ss.
1981 m-S •••••( ••••
SdgSs
1980 M-S
Kentucky Cent g4s... 1987 j . j "9*8" ioo'
LftNftM&Mlstg 4)4S.1945 M-8 118)4 118

RegUtered

••«•)•••

•••••
•»•••• ••••••

h. lUi.

101
98

Jan.'01
ianL'OO

10294 Feb '01

108)4

116

118)4 113)4
104)4 106)i

100

LonlsTlile

108)4

70
6S

118

M-8
A-O

A

Ganaral gold 4s
1988
Ferry 1st gold 4)4s.„. 1983
Gold 4
t.. 1988
Unlfledg 4i
1949
D«bentiiregoldSs....,lB84

lOf

100

1021s Jan.'01

105%

OUTSIDE SECURITIES
Oae

lit

98)4

99)4 10>"

111

MabouOoal. SMLSftMS.
anbattan Ry oon 4i. 1990 a- O

* No price Friday; these are latest bid

Dotrolt

NY

M-N

J-J
J-J
A-O
A-O
J-J
J -J
M-8

1st oon Income g 8s.. .1939 j>iy|

.1951
Beiglsterad, . ...ot«ttl06l
lit gold 8sst«rtmg..,.l96i M1961 MBe^stered
1952 A-O
OoUTrnstgold 4s
1952 A-O
Beglstared
lit gold

ft

Ooll trust g 6s

NYNH&H

oon g 4>is.l999
1999
Reglitered
Ool ft H T liteztg 41.1948
See
Pac.
T.
So
Honit B ft
Hoai ft TezOen. Sm Bo P Co.
Illlnoli Central1951
ist gold 4i
1951
RegUtered.....

LT Goal Co 1st gn g is.. 1983
Leh

1S6

HanftStJ. SteOBftQ
lit

1997
l,"'«'»«*««"l»*0

110
108

Gray'iPt Term Se«8tI.8W
ooiatonlo. Se*

^

108

T

Hock Yal

*.2

100

Mar '98

106

1945 J-JT
lit ooniol g 6i
lit gn g 6i.l939
J
Georgia Paolflo. See So By.
Gila G ft Nor. See So Pao Co
GonT A Oiw. See N Y Cent.
Grand Rap ft Ind. Se* Pa Co.

Ga Oar ft No

180 186)4
102)4 110

Sep.'00

83

^

RegUtered 6i

NYBftMBoong6s..l985 A-O

t

GKlHarft^SA. SeeSPCo.
al HftH ot '88 lit Si.1913 A-O
0a ft Ala Rr lit pf g 6i.l945 A-O

109

90

118

Sm if Y Ceil"

Goldgaaros.t
..1914
I*5*HudR. Sm CenofNJ..
114 183
10 104)4 104)4 Leh ft WUkesb. Sm Cent NJ.
136)4 139)4 Leroy ft Owey Vau B»* Mo P.
Lex At 4 P F. Bm Met St Ry.
Long Dock. Sm Bri«.
118 118

.

lOS

A-O
A-O
A-O

Deo'OO

Jan.'01
101)4 Oot.'99
100
NoT'OO

11394116% LehTal(Pa) 00Ugts..l997 M-N

,

100

98
108

.•^'?i^'»AW Iltg6s.l987 J -J 18294
8d gold 6s...
1941 J-J 117J4
North Ohio 1st ga fs. .1946 A-O lis

119)4119)4 liSftMS.

,

...... ...«.i
...... .....i

Ask. Low. High. No. Lo^c.Miah

fentnokyC^t^SMLftN.
i«)k * pes M. SmC R I ft p.
KnopHJe ft Ohio. a»t So Ry.
I

,

Fla Oen ft Pen lit g 5i. .1918 '-J
lit land gr ext gold 5il980 J -J
1943 J -J
Ooniol gold 6i
Ft 8 ft T B Bge. fiM BtLftSF.
Fort St IT DCTo lltg 4^11941 J -J
lit g 4-61. 1921 l-D
Ft
ft
Ft
-J
ft RloGr lltg 3-41.1928

1900.

*-^

ft

M-N
121
118)4 Jan.'01
M-S 128)4
181 Jan.'Ol
M-S 117H
118 Jan.'01
A-O 183
184
184
J-D 110
106)4 Apr'99
M-8 143
148 Feb '01
M-S 187«
143 Deo '98
J-J
97
97
9nH
J-J
93ii May'99
liteongenlteng 4i....l99e J-J
86
81
86
1996 J-J
Registered
Bnff N T ft Brie Iit7i.l916 J-D
189 140 Feb '99
1908 J-J loe
Buff ft 8 W gold e
1908 J-J
Small
Ohio ft Brie lit g Bi. .1982 M-N 181
121
Jan.'01
Jeff RB lit gn gold 61.1909 A-OJ 106% 9ale
106% 106%
liong Dookoon gold 0i. 1936 A-O 137)4 1*0
138 Jan-'Ol
Coal ft BR lit gn ei.1922 M-N 111
Dock ft Imp lit onr6i.l913 I-J 116
118 8«p.'00
N T ft Oreen L gag 6i.l946 M-N ••••• ••••«! 109 Uot.'98
1946 M-N
Small
••••••
Mid RRofNJ litgei..l910 A-O
lis" 118
N T 8 ft W— lit ref 61.1937 J -J 118)4 Bale 116« 116)4
1937 F-A
8d gold 4Ui
98
94
94
Generals 01...... ...1940 F-A 102)4 Bale 108)4 102)4
Terminal lit g 5i.. .1943 M-N 114
lib Apr'OO
Regti 96.000 eaeh 1943 H-N
WUk&Bailltga g6il942 J-D 108
107)4
107)4
rle ft PlttB. See Pa Co.
BsoanALSap. SMOftNW.
arekaSprlngi litg6i.lB33 F-A •••te* ••••• 61 NoT'97
ft T H Iit0on6i.....l9ai J-J
12414
184)4
lit general gold Bi.,..lB48 A-O 107
108 Deo'OO
1923 A-O ••••II •••••
MtYemonlite
SnU OoBr'oh litg 6i..l930 A-O •••••* ••••• •••••
rftlndlit con ga g 6i.. 1026 J-J ••••I •••••i 106 Bep.'00
Fargo ft So. Sm Oh M ft BtP.
187 Feb '01
Flint ft Pere M g ei. ...1920 A-O 124
liteoniolgold 6I....1989 M-N 108 «••«• 108 Jan.'01
Pt HoronDlT lit g 61.1989 A-O 118 8alo 113
118

J-D

^ni

93M Feb.'99

.

No. SMl>ehftNT.
1947
rtelltoztg4i
1919
Sdextgold 6i
1933
Sdeztgold 4UI
1920
4th ezt gold 6l
....1928
Sthextgold 4
lit eoniol gold 7I.....1930
lit ooniol gold fd7l..l9a0
rle litoon g 4i pr bdi.l99e
1996
Registered

1931
£«5t'al litgold 61. 1938
}2I*
Iowa
Midland.
108)4 109)4
Sm Ch ft N W.
•'•ffefwoBR. SMBrle.
86
93)4 K"^-^^??- SMLSftMB.
80
76)4 90
^** Tol ft O C.
t^l?^,Iitgag6i.l939
107 111
f
o^^^^l*^
Kan
Oft Pao. SMMKftT
Kan C 80 IstgSi
i960
Registered
1950
KanMsMld.
110 116
SMBtLftBB

111% Feb '01

W

Km Oort

A-O
M-N
M-8
M-8

101)4108

108M Jan.'01

Leui Bale.

••••«,

J-D
J-D
J-D
J-D
J-D
M-8
J -J
J-J

. .

Oct.'00
103)4
102)4
108 Jan.'01
1C9)4
109)4

Sale

aitTTaftGa. SM.BoRrIgln Jol ft B lit g 5i. 194 M-N 110
111 Lex ft B 8. S««CftO.

g^^Wd
*oj08)4i

103)4 104i>4
96)4 10S«| }??nlAIaiitrefg6i..l948
106 10994 Int ft Great Nor—

108

Tear

15.

WeeJI^t

J-J

1951
1951
11*194 lis'
RegUtered
1951
MemDlTlitg4
118)4 118)4
1951
147
M8H a.T^*5^«<'
1»51
li8H 1489< ,Ji!'-k ^^iSK^^ g 4i. 1931
IndDeoftW lltg 61... .1936

J'ne'99

Bang*

Bangeor

J-J
J-J
J-J 108H

BeUeT4 0arlit6i....l923 J-D
Oarb481itB4i
1932 M-B
Ohlo8tLftNOgBi..l961 J-D

141
80 141
117)4181

[Vol. LXill.

15.

1951
1961
.1951
1851

3i.

3.

Price
Friday,
i'eb.

Bprln« DiT lltg 3)41.1951 J -J
RegUtered
1961 J-J
Weitem Line litg 4i.l961 F-A
„Reglitered
1951 F-A

188
183
103)4 106
118)4 133

ISO

Feb

Feb.

fi«glit«red
Qo'O 8)41

138
116

Del BIT

Dea

StLoaliDlrg

1U»T4 107)4
141)4

llEWNoT'OO
160
117
128
118
112)4
147
161

51

EXCHANGE

Bid.

188

Ang'98
146^ May'OO

161

BB Bge. SmPbBR.
RGr 1st gold 7i.. 1900 M-N

140
180

BONDS.

Pag.

Can. (Con)—

ni.

108

M-8
A-O 117X
A-O
A-O 112M
A-O 119)t 8alo
M-N 161

1917
ResUttred
All) & 8jilitOonKa7tl90e
1906
Reglit«r«d
1906
Gnu- gold eg
1906
B«g{iUr«d

Deo '00

Feb '01
1»1X Deo '00
103K Oot.'00

6i....<192S F-A
192S M-N
Term&impt 4
8yr Blng 4 N Y Irt7i.l90e A-O U6H
1900 A-O
WaiTan 8d7
Del A H— litPa D1t7i.1917 M-8 160

Oomtmotlon

18'^)4

(5 pages)

Wbbk Emdimq

Jan.'01

188H

prices

W.Y. STOCK

A$k. Low. High.

128«

m-N
A-O

JIorrliA Biiez Itt7t.l9\4
1871-1901
7i
liteon guar 7t......l816
191&
B«BUt«red

Beni A Bar ltt7i
RegUtered

..

I

Bid. Ask.
Ca» Seonrltlea.
84
29
Ohio & Ind Con Nat ft 111
46
60
Ohloftlnd— lit 6i '26JftD
Peoples Gai ft Coke— N Y Stock Bzoh
Philadelphia Co— See Boe t.on L Ut.
60 t 88
ProTldenoe Gas.
40
86
St Joseph (Mo)
JftJ \ 93)4 96
6i 1937
47
60
s: Paul Gai— Stock..
81
Coniol 611944 ....MftS i 79
16
18
ayraouie Gai— Stock..
6fl
85
JftJ
lit 5(1946
Western Ga« (Mil w)
9494 9694

Si— Sm

NY

St

Bx lUU

I

Due July, a Option.

& 2ELEPH.,

dk

Bid. Ask
Teleg. dk Teleph.
¥•!•«. dk Taleph.
American Dlit Tele— NY Stock Bz<h
Bell Teleph. of Buffalo.
110
116
Central ft South Amer.. .. 108
107
Cnei & Poto Teleph— Stk
70
76
6i 1909-89
JftJ 108
•...,,
Oommerolal Cable
177
173
Oammer Union Tel (NY). 119 184
B upire ft Bay State Tel
76 •••«•'
Brie Teleg ft Telep— See 8 tOkBx LUt
Ffsnilin
50
46
iAnd tnteiest. tPrice per sh are.
.

.

Feb.

THE CHRONICLE -BOND

1901.]

16.

3?
BONDS.
V.T. STOOK EXOH ANO £ b

WukKmdiko FKB.

1

15

Prict
Friday,

Range or

Feb. lo.

Last Sale!

Wtek't

Range
1900.

Atk. Low. High

Bid.

147^

. .

1934 M- V
lit ooni gold 9i
-B
lit and retand. 4i....l949
U
O
<k N
B
ga.
Sm
L
St
A P lit Si It li int gii..'36 J -J

M

"99'

113

Low.
143^
122«
122^
184^
3 111%

147H
Jan-'Ol

183H Feb '01
194^ NOT'OO
117H

117^

89^

99

Sale

47

93

Min *

M

MBBMAA

litg 4iliitKa.'26

J-J

M8tPASSMoong4ilntga'38 .I-J
Bllnn On. JSm St P M A M.

*•••••

*•«!

•••••• *••••
•e*«« •••••

•eaee

•••<

979i Bale
79 Sale
99^ Sale

f7ii
78J<
9«!<

iioKanAT«x-HtB4i.l990 J-D
1990
1944

Bd gold it
ltt«xt«naoldei

BooneT Bdg Oo gn g 7i .'06
DalAWa lltgug 51.1940
MKATof Tlitgng8i.'42
Bher8b&SoalttRag5s.'43
.

8"-AI|

M-N
M-N
M-N
U-H
J-D

•••eat

KO*Paolitg4o....l990 F-

* Naoiho lit 7i. 1903 J-D
Mo K* B lit gag Bl... 1942 A-0
190e M-N
MoPao— td7i
1920 M-N
litoong 61
Tabo

110

117
Bale
Sale

1917 M-8t 107M
1917 M-8t
1920 r-A 105 Sale
1930 F-A
litgCi'Se J-J

Trnstg Si
Baglitercd
litoollgcidS
Beglitarad

J'ne'OO

93

10?MDeo'00
113

A-0 lieM Sale 116
117
A-0
116
116
J-J 93^ Bale 91
93>a
J-J
Terd V I* Wlltg5i..'a6 M-8 •••te* •••• ••••t« ••••a*
MUl BIT Edge. fiMObloAAlt
MobABlnn prlorllang 6i.'4S J -J
iioxJ'iy'oo
1945 I-J •ktatt •#••! ••aaat
Mortgage gold 4i
•••••
1945 J-J •••aae *«••• '•aaar
BmaV
laaaa'
61.1946
AKClitg
D
•••«
J
ae«««ff
Mob Jack
Mob & Ohio new gold 6i..'37 J -U 139 130 iso" iVo"

84
1

1237

108
IfB
78

Q-J* 136
M- S 96
MontsomDlTlitg 51.1947 F-A 113
97
8t L A Cairo gn g 4i .1931 J -J

138

.

Mohawk A Mai. S*« N Y O A U
Monongahela Kir. Sm B A
Mont Cent. Sm St P M A M.
Morgan'! La AT. SmBPUo.
MorrliABiiex. S««DelIjAW

180

Jan.'01

-J

138

Bale

188

110X110)4

Sale

100«
118M

1901 J -3

A-0 t'u^
-J

119

lit6aM0MMWAA1.1917 J -J 115H
1917 J-J
liteiTAPb
Haah Flor A Shef. SmLAN
NewBAD. SilNYNHAH
M J Jnno BB. fiM N T Oent.
HewAOlnBdga. SMPennOc
BIOANBprlorllengei.l91S A-01
M Y Bkln A Man Bh. Sm L I.
N Y OentA IIB lit7i..l90S J -J 107
190S J -J 107
BegUtered
180'' J-J *109M110
•
GBMi
....1997 J-J
BegUterad.
Debenture 6i0f 1884-1904 M-H 106H
Beglftered ....1B84-1904 M-8 106K 107»4
1889-1904 M-S 10694
Beg deb Si of
Oebontnre g4s.. 1890-1905 J-D 102^
1890-1905 J-D 108J6
Baglitered
Debtoertaextg 4i....l905 n-N 10254
1906 M-N 102M
Biegtatered
97}2 Sale
Lake Shore ool g SMi' 1998 V-A
1998 K-A
86
BegUtered
ooU
K-A
g 8MI..1998
Mloh Cent
9eM Sale
1998 K-A
Beglitered
Beeoh Ork lit gn g 41.1936 J-J '110«...,
1936 J-J
BegUtered
1936 J-J
Sdgngold 6i...
1936 J-J
BegUtered
Cart A Ad lit gn g4i.l981 J-D ••••tt ...tat
.

. . .

'

Bltam Ooal Oorp
litiflntgag4iierA.'40 J -J
Small bondi lerlei B. .'40 J -J

113

•••tai

5

J'ly'OO

U4M

ios

Oeo'9»
••••a*

8d6i
Itt oog

107H

107

180

Aag'OO

110

106

NoT'Oo

102% 108
106 107%

109M
108^

aep.'97
Jan.'01

101% 108%

10aMJan.'01
Deo'OO
101

I'di"

108J4 J'ly'OO

97H 134
2
96

96

lia^Jan.'01

108%

96% "99"

93
6
9S
94
108

96I9
9612
97 Jan.'01

100

98
98
97

110%

tta

»

•• ea

a

«

ee as

• a • •

•••••t

iiaiat aaaaai
iiaaaa aaaaii
It aiaa aaaai

Bi

J'lr '98

107K

J'ly'OO

106% 107%

Feb '00

103

>»atae aatat

103

.

lit 4igii.a361 J -J

116 Bale
3361 J -J 118M 114^
Lake Shore oon 3d 7i. 1903 J-D noH...,
BegUtered
1003 J-D
1997 J-D 109)i Sale
Geld 3Mi
BegUtered
1997 J-D
Beglitered

KAAGBlltg

51.1938

A-0
F-A

lUH

116

•

1909 M-8
1931 M-S
1931
1940
4i
•J
BagUtared
1940 J -J
Bat A St lit go gSi. '89 J-D
NYAHarlam g 3^i 8000 M-N
BegUtered
2000 M-N
Y A North litg BI..1927 A-U
61
6l

M

BegUtered

BW AOgoonlitext6i.'82 A-0«

OlweABSd gag 61.. 1915 F-AI
B W A O T B litga g 6i. 18 M-N
VUea A Blk BIT gn g 4i '32 J-J
.

119

18e«
128H

138

106

134
189

* No prloe Friday: these are lateit bid

TeleK. dr Teleyh.
OoldABtook

Bid.

117
Bondi
90
Hadion RlTor 'Telephone 117
Intematlon Ocean. .,,,,., 116
Mexican Telegraph
Mexican Telephone— Sm Boito
Mew Hng Telep.— Sm Boi ton Us
Morttaweitem Telegraph 188
IT Y A N J Telephone.
178
1980
MAN 113
FeoifloA Atlantic
78
ProTldenoe Telephone.
100
flonthem A Atlantic
97

i

. .

Ask.
130
lOO
183
118
nlllt.
t.

186%
1S8
lis

SB

.

IDS

116«
114%

no

18

105M
106^

65

70%
71%
70% Deo'OO

149

1

132

181% 188%

123%
116
103

101

90%

109
97

J'ly'99

184
109

128%
Feb

'01

113

116

Jan.'01

118

110

J'ly'OO

95
75

Deo'OO

108
90
60

Apr '00

lOi

lOB

Jau.'01
Jau-'Ol
••••

••••aa

110

Dae Jan.

thli week.

Dae Joly.

t

I

Due June.

(Givbn at foot of 7 oonsboutivb

Telet- dc Teleph.
Weit'n Union Teleg— N

Y

EleetrSo Comyanlea.
Allegheny Co Light Co...
Braih Klectrlc Co

Electric

Bld- Ask.
Stook HXOQ

181

134

108
109

118%
118%

117

117

108

NOT'97

117"

M«V'''o'd

88

Jan-'OO

88

88

133% Jan-'Ol

188%

J>ne'99

Bleb A Dan. Bet Boath By.
Klo Gr Weit lit g 4i. ... 1939
Dtah Cent lit ga g 4i.l917

laaaaa aaeaai
•»•••

108

108% 109
99 101%
135 139%
186% 187%

90

JPM A Co oertfi

_i«»aff«

oot.'oo

IC

Not' 98

J-J
A-O
J-J
J-J
M-H

I

Do

pref.

90

87%
100
100

—Sm

too

131

94%

Bale
Bale

..

90
1

100

Jan-'OO

100

Boston

L Ut

180
17

1

100%

100%

131

131

94%
88
IfO

89%

IS

99% 101
99% 101%

1

V5H 886
NOT'OO

100%

37

Bep.'00

96%
67% 88

8*

94% 101
SSH
86

Dae Nor. a Theae are opUon lelea.

Companlea, Bid. Ask.
Oo— N Y Stock Kxoh

Hartford (Ct) HleoLtCo.
Mo Bdlion Bleotrlo

v)i

.^aM

118% 116%

ilSH 116% Jan.'01

117

FAQm).— TBL., BLEG.,

General Blectrlc

aaaat

113

J-J
A-W

Due May.

184

117%
113% 117%

Oot.'98

liteoniolgold 6i
1S43
•IttaAWeit lltg4i...lB17

101
101

114

131

.

7-(

101% 108

107%

.

8S%

108 108%
117% 181

A-O

Plttl MoKeei A Y. 8«« N YCen
rMtUPAFllt g6l
1916
ritU8hALBlitgSl..l940
187%
187%

Jan.'00

181

nttiCleTATollitg6i..l922

1932 J-J
1 938 A-Ot

110

111% 117%
111% lis

•

119% 181

138

108
lUl

NOT'87

99

*

130

104% 118

Oot.'00

.

180

116%

97% 105
88% 88%

108

88% May'OO

101
137

Jono lit g 6i
104% 109%
-1% 10415 ttu A L Hrle-3d g 61
186

107
101

68% 78%
65% 70%

J-D

.

fitti

Jan.'01

181%

108% 106%
101
lOSk

1932

"ine Creek res gaar 61

PtttiFtWACh. Sm PennOo.

105%
103%

186
1S8

97% 8TH
107
VB

180
9e

mucin A StL. fiMPennCo.
POOABtL. Sm Penn Oo.

189*' iso'

aea ••

FERRY

Ferry Co-' «>i»niee.
Ferry (Join»anlea.
Brooklyn Ferry-atock

NYABlst Sslun.JAJ

Eld.

16
8B

<&
A

Ik

17

87%

18
Con 6s'48-Sm Stock Bx list.
110
60
Metropolitan Ferry—6s.. 108
49
Narragan. (ProT)KlCo.50 1x87
N Y A N J FerrrConiol Bleotrlo Storage..
JAJ 106% 107
ia" Rhode Island Blec ProCo. 119
Bddy Bleotrlo Mfg Go..3e t
1st 5s 1946
71
94
Bdlion HI 111 Co NY— N Y Btook Bxoh; Dnlted Bleotrlo of N J
83
N Y A B B Ferry—Stock. 09
98
« 80
78
lit 5s 1983 MAN
Bdtson Bl III Co Brk— N Y Stock Bxoh;
4s 1939
76
Stock.
80
11
Bdlioo Ore MUllng Oo.
8
United Kleo LtAP Co pref SMBal tolUt N Y A Hoboken—
3
HobF'y lit 5s.'46MAN 1111 US
Bleotro-Pnenmatic Trani
4%j 1989— Sm Balto 11 St.
8§« 30
JAD I (>4% 96
Oon. 9S 1946
Wooniooket (B I) Bi Co..
Fort WayneBleaOo Oi..
86
lAnd mteresL tPrloe per ah! a:e.
16
Serial A

165

M

911% 100

at

131% Not'i
•122%
•114%

OBBBABgelltga4ig.'36 F-A
AUeghYalgen gag 41.1943 M-S
BanALewUlltK4i..l936 J-J

8d g Si tr reo litpd... .1B36 M-N
111%
110% 110% faoABait. SmCOOA StL
FeoAPeknnlitgei...l92i Q-F
Idg4%i
V6 IIB 191
Feb.. 1931 M-N

Deo'OO

Apr'99

'Viji Bale

106%
106%

109 110
110 Jan.'01
aeof Mliioorl. See Mo Pao
Panama litif g 4%i....l917 A-O 105 100% 106 Jan-'Ol
a finbildyg6i
1910 M-N 100%
101
Deo'OO
PennOo— Qn litg 4%i. 1931 J -J •lll%115% 114% Jan.'01
Bettered
1981 J-J •118%114>, 113% Jan.'01
Otd8%iooltraitreg.l837 M-H
10a NoT'98
C StL A P litoong 51.1933 A-O 183
184 Deo'OO
Begiiter«l
1933 A-O
CleTAPltuooni f 7I.X900 M-M
103% Mar'OO
Qen gn g 4%iier'aA.1943 J -J 128
181
OoU'OO
Serial B.
133%
1942 A-O
Serlei C 8%i
1948 M-N
rteAPlttgag 3%i B.1940 J-J 101
108 NoT'OO
SerleiC
1940 J-J 101
NA CBdgegengng 4%i.'45 J-J
111
P O O A Bt L oon ga g 4Wii—
BerleiA.
1940 A-O •117 117% 116% Jan.'01
BerleiBgaar
1942 A-O 117 117% 117% 117%
Berlei Ognar..
116Ja
liei...
1942 M-N
BerleiD4igaar
109
1945 M-N
Apr'OO
Serlei H guar 8%i.. 1949 F-A
99 Dec '00
Plttl Ft
A O Ilt7i.l613 J -J 135
137% Deo'OO
133
*CI •!• Ba«aBaaae»aaa*eelvl2 J-J
137% Nov'OO
Vu T I* •aeaeaaaaaeaeaeilvXS A-0» 181
136% Jan-'Ol
PannBB lit real ei g 4i.lS83 M-N 109
1 08
May'97
Ooniterllngg 6i
IBOS J -J
Con onrrenoy 6i reg.. .1905 g-Mi
Cong 61
1919 M-S
BegUtered
1B19
Oong 4|
1943 M-N 116
Gr BAI ez lit gag4%i. 1941 J-J
113 Jan.'01
01 A Mar lit ga g 4%i.l935 M-N
113% Mar'OO

116% Mar'OO

118

Bale

J-J

116% 116% ntti Y A Aihlit oon 511937.
Reading Co gen g 41. .. 1 997 J -J
BegUtered
181
138%
1997 J -J
136% 139% taniielaer A Sar. S«« D A H.

187H

105%

J-D
A-O

1937
1901

108% 106%

and aaked

OUTSIDE SECURITIES

114%

106« NoT'OO

193

•••••• #•••••
•eaeea •••••!
•••••a •«••••

110
139
180
189

26 109

127^ Jan-'Ol
137H NoT'OO

107

139

103

•

e

M-N no .... IIO%Dec'00
M-N 133 ,,,. 138 Dec '00
A-O 186% .... 183 Jan.'01
F-A 182% 184 '81% Deo'OO
102(4
A-O 102 102% 102
97% J'ly'OO
A-O
A-O
107 NoT'OO
J -J 107
M-N 102i2 8ale 103% 108%

UNJBBAOangen4i.l944 M-S
109%116H eniaoolaAAt. 8m L A Naih
111% 114% Peoria Deo A BraniT—

117

180

1934

110

35 110

IIOH Mar'OO
108;^Deo'97

J-J 182 ta ••
MoKeeAB YlitgSi.'lS J-J 137 •«••.«
Mich Cent— lit oon 7il902 M-N 106«
106%
1903 M-N lOSH Sale 102%
lit oon 6i
Bdraar 6i

3

113% 114H
llOH Deo'OO
llOH Jau.'Oi
109M 109%
117

J-J

MahonC'lBB lit 61.1934 J-J
rittiMoKAY— litgaei.'32 J-J 141

10*.

W

J'De'98

Govt A Oiwe litgnRSi.'42 J-D

Moh A Mai lit gn g 4i. 1 99 M-8
N J Jnno B ga lit 4i 1986 F-A lOiifl,
1986 F-A
Beglitered
NYAPntliteongng4i.'93 A-O
Nor A Mont litgag6i.'16 A-0 117H

108

W

110

106X Feb '01

96K

107% 107% 107^
101% NoT'9i4

107

Bte Dn Pao
IOOh Ore Ry A
104% 110% Ore BB A NaT See Dn Pao
Bee Un Pao
•aaaea aaaaa< Ore Short Line
Rome. fiM N Y C
a«*«« •••••' Oiwego A
O O r A Bt P. S«( A N

100)<

Clearfield

OlnA BlitgL8AMB7i'01
Det Mon A Tol lit 7il90e

4i

A St Lilt g4i
130^ Ore A Oal. B4« Bo Pao Oo.
NaT

108% 119
108% 111
lOB 111%

'01

109^ Fob '01
110

114

114
113

PaoCoaitCo— lit g6i.l946 J-D

107i«

Feb

114

A-O
J-D

1917
1968
.. 1948

•

Deo '99

111

186

185% 196%
185
189%
138
186%

SiiLBrleAW

Ohio.

• • • a

138

Oct. '97

16812
Jan.'01

Jan.'00
J'ly'99

Prior llenr A lBg4i.. 1997 g-j
Beglitered
1997 Q.J
GeneralUen g 8i
8047 Q-Ft
BegUtered
.....8047
St P A N P gen g 81... 1933
Beglitered otii.. ... .1923 O- F
Bt Paul A Dal lit 61.. .1931 F-A

urn

J

104%
198%

Northern PaoUlo—

118
88

General gold 61

1938
lit eon gold 6l
lit golddi JaiperBoh.1933 J

Weit Shore

1996
1996
gng6l....l933
Blitgng4i.l989

00 A Til

114U North

taaaai aaaaai

10 130

Low.Hitk
104% 108%
103% 100%

136% Deo'OO

186

118%
113
109

M-8i

Wai h Cent lit g 4i.
120% 126
Pao Ter Oo lit g 6i.l933
Bale
eOM 328 88
94M
87M Nor
Nor
By Cal. fiM 80. Pao.
Bale 113
118
106% 110
NorWIi.
fiM O St P HAG.
B9M 961a Deo '00
96% 96% Nor Mont.
fiMN.Y.Oent.
A
IndAW. SMOOCAStL
Oihlo BlTerRE lit g 6il936

lit exteniion gold ei.1927
1938
General gold 4i

High. No.

108K Feb '01
106% Deo'OO

197

M-8

Solo VAN
112%116X North
IlUnoli. SMOhlANW.

'

19819 Sale

AN

Beglitered
Small

94

106M 107M

Jan.'01

aenoourr&ldgrtgSi'Sl

Sd6i

NU

103^ 191

Gen oon itam p gtd g S I 3
1929
Unit Aref g4i
1999
Registered

lst7i.'lS

98

litres 4i. '03 .l-D

OonTert deb oerti •1,000
A-0
Small oertfitlOO
Hoaiatonio B oon g 6i.l937 M-K
A Derby oon Bi.. .1918 M-N
H lit7i
NY
1905 J -J
lit 61
1905 J -J

Bep.'OO

94

Year.
1900.

Latt Bate.

W

W

LerorAOYAIi
PaeBof Molitexg4i.'38 F-A
8daxt«nded«oldSi.l938 J-J 118
8t Loali & Iron Moant—

NashOhatAStL

89

109

STYANa fl««NYNnAH

88% 98H
64
77^

7HV4 IB9
99K 108

Bang*

Range or

Atk. Low.

A-O
A-O

N Y A North. Am N Y O A II.
96" "90" N YO A W. B«f litg 4il992
96,000 only... 1992
88
97W N Begti
Y A Put. Sm N Y O A U.
100^
93X
99H
S Y A B B. fiM Long III.
12
80
76
87
N Y B A W. 8t* Brie.
s Y Tex AM. Sm So Pao Oo.
no
109
103
108
11 4M Feb '01
113 116^ '>Ior ABonth litg 61.... 1941
Norf A VVeit— Qen g 6i.l93l
188
183^ 13
467
New BlTer lit g 61 .... 1 938
108
I09}i
94
103%
ImprTmtAext gai...l9S4
"68
N A By litoong 4i. 1996
96"
106
104H
idi"
90
101
100
90

GO I9 Sale
90
Sale

138

69

98

Friday,
Feb lo.

TOhle A BtL litg 41.1937

H29

3.

Price

""2

1937
123H N BegUt«red
Y A Oreenw Lake. Sm Urie
183
NYAUar. S««NYOAHQd.
128
N Y Lack AW. 8(( O L A
119
99H N Y L M A W. S«< Krlfl.

!••••« ataaa

lOOK Nov'9U

•••••1 ••»«•

i08)i Sale
I

.«

161

Pagb

Bid.

High

MYNHAHart

aaaaea

(5 pages)

BONDS.
».r. STOCK EXCHANGE
WasK £hdiho Feb. 15

Year

ft,

Minn A Bt L— lit g 7s 1927 J- D 147^ Sale
Iow«ex lit gold 7i... 1909 J- n 13ii<
South Weit ex lit g 7i.'10 I- u
PMlfloex lit gold ei. 1931 A- o lai^ 134

PRICES

170

Do

preferred-

. .

1

AJ

1

4

.

THE CHRONICLE -BOND

330
BONDS.

M.T.BTOOK EXCHANGE

WiBK Ekdikq

Range or

Tear

Feb. 15.

Last Sale.

1900.

Ifeefc'*

J-U
J.J
J.J

3-4I...1947

Sm Mob & Ohio.
t LL *& Oal.
Iron Meant. See M P.

L K O ft N. Set Wabaih.
LMBr. SMTREAofStL
Bt Iionli A San Franolioo—
Sd gold 6i Class A
Id gold 6s OlasiB
Sd gold es Class
General gold 6s
General gold 6s
littrnstgoldSs

190fl

1006
1906
1931
1931

1987

lstgesPieroeO*0..1919
BtLftSFRBR4i....l996
Bontbw DIT 1st g 5s. 1947
OentDlT 1st g 4s. ,.1929

FtBAyBBdglstgai.1910
Kansaa Hid 1st g

4s. . .1987

Bt L Bo. Set Illinois Cent.
BtL BWlstg4sbdofs.l989

Sd gislno bond otfs,. 1989
Gray's Pt Ter 1 itgn g 5s'47
Bt Paul & DqI See Nor Pao
tPanl M * Man 2d 6s.l909
1933
lit oonsoi gold 61
1933
BegUtered
B«daoedtogold4Xs 1983
1933
Beglstered
Dakota ext gold 6s. ... 1910
HontBzt lstgold4i..l937
1937
BegUtared
MlStdlTlitg9i...l908
1908
Beglstered
NordiT Tstg4s....l948
1948
Registered
MUm Dnlon 1st g St.. .1932

HontClstgag6i....l937
1937
1937
1937

Beglstered
lit goar gold Si

BegUtered

ASF

lltg 6I....1938
Will
1938
Beglitered
Bt P A Nor Pao. Be* Nor Pao

riP *a'zoitr.s««oatPM*o
te Pres A Ph lit g 5s.l948

arF&WlitOon

M-N
M-N
M-N
J-J
JA-O
FJ-J
A.<>
A-0
A-O
J-D
M-N
J-J5
J-D
A-O
J.J
J.J
J.J
J-J
M-N
J-D
J-D
A-O
A.O
A-O
A-O
J-J
J-J
J-J
J.J
J-J
J-D
J.D

M-8

AiaMId Istgng Ds...l928
Brans &
811 S Oca

J-J

Bt John's DlT 1st g 4S..1934

W

Istgn g 4s.l938 J -J

& a gag 4s 1918
Boloto Val * N B. fiM Nor &
1936
Beab A Roa 1st 5s
Oar Cent 1st con g 4i. 1949
Bher Shr
So. Bte

93M

9SH

nil
•HI

112H
119H

MKiT

119

ISO

Bale

120V

97 )< Bale

97X

*115J<

loe

100
96
106

97^
l&H

9
6

112H

U2H

1109illSk

Sale
Sale

Jan.'01

180

97«

118«

141

149

79

l6

98k 100
90^ 06

J'ne'OO

96

A AN Wilt

....1949
gag 51.. .1941

98k 330
79H 76

•120

120

104«

104
110

Istgng

1933
ga.l9S7
Oon g 6s Int gtd
1912
a*ng4s int gtd
1931
Iforgan'iLaAT Iit7il918
litg6i
1920
N Y T A Hezga litg 4i.'12
Ss

HATU 1st g 6i int

•

Feb. '01

Apr' 97

118

Dec'OO

ISO

Apr '99

Bi.... 1935

General gold Si

100k

128

128

199k 135k

116% 118«

Jan.*01

lOak 106k

113

J'ne'OO
Jan.'00

113

123

949<Sale

53M

Weit'ndlT lltg

104

186M

04k

106X

1936

IS

i*»t«e ••••<

116
118

1245i

06^ TolAOO litg6i

5 108

110

Apr '00
134M

'106

85

1095<

87

119

186k 136k

Deo'99

West N T A Pa

98

1

lOOk 116
1900

76k SBH

NoT'99

99k Jan.'01 148
101
99% J'ne'OO
156
87
86k

94|<

100

100T« Bale

87

F-A
J-D
M-N 103 Bale
M-N 106M Sale
M-N
M-N
J -J
UOV
110 Jan.'01
A-O 11114
110k Nov'OO
A-O 89
80
90
A-O
137k Jan.'01

•

at •«

Sale

M-M
1905-87 M-N '108><
Stamped
Paoof NMezlitg6s.'ll J-J
B P Ooait lit ga g 4a.. 1937 J.J
TazANOlit?
1905 F.A
•••# 114^
BablnedlT lit gSi.. 1912 M.g
Con gSi
1943 J.J 107^ Bale
Bonttaera— istoon g 5i.l994 J.J 116 Bale
Beglitered
1994 J.J
MemDlTlitg4-4H-6il996 J-J 111
Beglitered
1996 J.J
AlaOenBlitg ei....l918 J-J 114
Atl& Danv let g 4b.. 1948 J-J 08M Sale
.

,

B94(
1019<

T Ya A Ga

J-J
M-N 119M
BTenreorllang 4-Si.l938 M-8
Beglitered
1938 M-8
Ga Pao By lit g 6i. .. 1932 J -J
Knox A Ohio lit g 6i 1935 J-J •126
Bioh ADanoongBi. .1916 J.J 122M
Bqulpilnkfnndg Bi.1909 M-8
1937 A-O 109)4
Deb 01 itamped
Bo Oar A Ga lit g 5i. 1019 M-N
Dlrg Si. 1930
Oon lit gSi
1966

107

110« Ang'OO

110« 110«

110J4 NOT'OO

110J4 112

180
107

117« 119
I06k 107
I04k 100k
116
ll«k

130

Nov'OO
108k Feb '0
116 Ang'OO

116

lit Si

1930

MAN

nos
i

Ask.
8S

Mlacellaneona.

Am Agrloul Chem—Sm

B

oiton
Note Co ... 50 t 63

Amer Bank
Amer Bloyole—Com,
Preferred......
Bond! 51

MAS

6k
84k

77

" 3 116

190

116M

187

Feb

1229i

193k
101k
109k

J'ly '00

'01

26

182k
»

68

7k

86
78

110
101
104
108

• f

tO»k

1
1

108

t

97
88

128

119M
111k

110k 110k

102
50

101

58

Bale

111

ilMl5«
104% 108
110k 117

1

6

67
lOS
106
96

4
• » •

12
5

00

116M
lis

108k

84k OS

78
110

8«

180k

07« 100

103
107k
10114 108

107

1033 106M

110 111
28 100k 104M
18 12594 180
28 110k 118M
106 108

109k 108M

111

Bale

lS09i

Bale"

99
81

US

32

118k
98k 108k
OOk
83
809li 43M
108 IISS

le
10

4184

Jan.'01

96

Bale

4s.

.

117

06

28

01

06

109k lis

May'OO

110

181
99
31

,1

-J

89k

Sale

1949

Bait Istg 5s 1922

•110
....

98k
86k

Sale
Sale

M-8

Beglitered

MetW 8B1 (Chlo) 1 itg. 4s. 1 9 38 F-A
Registered.
1038 F-A
ill Bl ByA L SO-yr g 6s 1926 K-A
Utim St By 1st oong 6s. 1919 J -J
tt Paul Olty Cab. ogSs.1937 J .J
Guaranteed gold 61... 1937 J.J
Third At lit gold Si. ... 1937 J-J
Un Bl (Ohio) lit gSi....ie45 A-O
Chlo Bt40-yrlitenrSi.'28 M-N
40-year oon g Si
1036 M-K

ll'i

113
8ep.'00

91

188

68k WH
8Sk SS

110
110
115
103

1

16 107 lie
18
99% 114k

98k 108

• • * •

84

84

89k 260

88k
,

103

113k

108
00

DS.

A-O
J -J
J-J
M-N
F-A
F-A
J-D
A-O
J-J
J-J

118k
11694

lUk

8S

6 100

110k

S8k
108

115
104
100
83k 00

11

113
96

49

91

Feb '01
(3
100
eo
J

9»k
88k
96

J'ne'OO

100

Mar'08

48

06

97M

110« 1199<
121k 121k
110k Deo '00
122k Jan.'01

85 116k lS9k

183

20 138

106
100

111k
•••»• • ••••
••••• ••••!*
•••e« ••••»•

81

Jan.'9M

183k

118k lask
119k IIBM

6

133

96k

"o'8HFeb''oi

.

Oot.'O0
Oot.'00
Jan.'01

111

1S8

lS6k
"•'"

118

117k 1>7

184k Jan.'01
109k Deo '90
00

Dm'07

9194 Oot.'9S

Colambui Gai

MIeeeilaneone. Par.
Amertoan Bridge Co-Corn

Bid.

American Chicle Co
Preferred.
,,..
A.mer Graphophone.. . .10
Preferred
10

Prei erred
1919
MAS
Amer Press Assoc n..lOO

Amer Sheet Steel.

Qas ABleo BergCo con g 5s'40

196

.

81
80
^

8k
u'k
e

33

I

Due Match.

7

Ask.

82
81

9H

Uk
10
8S

89k 00

70
360 1817
t 86

. .

«:

46% 40
9ik 93

Preferred

American Sorew

g Si .. 1033

101k Qea Bleo Co deb g 5s 1022
109k Gr BapOLCo Istg 5s. .1916
100
EC 1V*nOa8 0o 1st 5s. 1933

(Given at foot of

6s,

lit

•••••I

80
87

1

Due Jan.

|

J-D
J-D
F-A
A-O

Bale

.....

10 2M Sale

.

Preferred

100

*jn BodaFoun—Com.lOO
100
1st preferred.
100
8d preferred

50
Amer Strawboard....lOO
FAA
Bonds 6s

American Surety

oek
06k
eok NoT'oe
118M

118k 118

Bid.

Ask.

77
S3
06

78
37
00

S

7

48

63

186

19
196
84

88%

101
Am Typefo'rs— Stock. 100 68
Amer. Woolen— Sm Stock Ezoh.
Amer Wringer com... 100 X108
zllS
Preferred-

*•<•••

69k
hit.

108

118% lltH

1089<

as io»H 118M
1
us 168

102

leik 161k
107MDeo'00

<6

OS

13

Bep.'00

Due Mot. a These are option

oonseoutivb FA.Q3a).—FBRRr
MUeellaneone. Par,
Amer Sheet Steal pref..
Amer BhipbuUding ... 1 00

U'k

117k

J-J

116

Due July.

Amer Hide A Leather ...
list.
list.

104
118

110

Bale

M-8

OonGaiCo. SssPGAOOo.
Detroit Olty Oai g Si .... 1 088 J- 3
96k
114M119
10 114
130k Det Gai Oooon lit g 61.. 1018 F-A
ad Bl 111 Bkn. See KOo BLAP
37 108k lis
Ed Bim. SmNYG ABLHAP
119k ISSk BlqaasLNTlitoong5i..'33 M-B 130
aq O A Fuel. S«e P O A C Co.
118 124

Jan.'01

and asked, t Bonda due Aug.

108
839« 83
06
07

Aeker.Mer A Con 6b 1903 100
Amalg. Copper— SeeStook Bzch.

120

lS4k Feb '01

108

Jan.'00

104

Ang'OO

....

Sale

111

109k OoU'OO

.

117k
119k

117

ll6k
1163^
106 Jaiu'Ol
119 Feb '0

.

Sale

OUTSIDE SECURITIES
76

J.J
A.O 115k
J-J 110
F-A 108

H M
SmOANW

A 8 Ry

"si"

107% 77 101 106k W
116k 109 106 114k
GAS A BLBOTBIO LIGHT BON DB.
107M 1089i
Jan.'01
108 100k Atlanta G L Oo lit g Si. 1047 J-D
Boi n Oai tr otf 1 1 fg Si '80 J.J
BklrnU Gai litoongSi..'46 M-N !§••
119k Ang'97
36
93«
eSk 9i9i ChGLAOOo. SssPOAOOo
03J4

ICk
lie
108
100

J'ly'OO

137k

L«zATAPFlitgugSi.'03 M.8

110

114k 114^

llOJiFeb'Ol
106k NOT'97

ISO

.

Bid.

WU

Kings Co Bl iBt g

Ulk Jan.'0]

Sale

.

.

lit gSl. 1936
Wheel DlT lit gold 81.1038
Bxten A Imp gold St. .1030
Istoon 4b
1949
Wilkes A Bait. fiMBrle
A Slooz F. /Bm Bt P A

City

114
109H 118
81
87
109

• • • • e I
I

117

88

.

Sale

U4klH

97

Bale
Bale

117

NoT'OO

116k Jan.'Ol
Feb. '01

106
07
00

llSk
IISS
Olk

119

nok
96 Feb '01
UBk 116k

Oen Oon Tr Co Istg 6s. .1933
Den Tram Cooong6s.l910
Met Ry Co lit gu g 61.191
120k laok Louli By Co litoon gSi.1930 J-J
130k Feb '00
Harket StO By lit g ei.19] 3 J .J
Vet St By gen tr g Si. 1907 F-A •lie 188
BwayATthATlitog Si.1043 J-D
113 Jan.'01
Beglitered
1043 J-l>
108k loek 10 2f«
133
OolAethATlitgagSi.1083 M-8 ,;... 126
78
B19<i
83H
81k
'0
Beglitered
1003 M.8
Feb
110
111k
114k

-J

Atl A Tad 1st g ga 4S.1949 A-O
OolAGreeuT 1st 5-6i.l916 J -J 130

Bale

100
108
87

Y Cent

99% 99% Winona A Bt P.
80% 86k WliOent50-yr lstgen4s..'49
8TKBBT RAILWAY BON
110 MaV'OO
1945
110 110k BklynKapTrg6i
Atl Av Bklyn Imp g 5sl9S4
105 Ang'OO
104k 106k
197
BkClty Istoon 5s.l916.'41
102
104
97k 10394
BkQCoA8congug3s. .'41
105k ioe« 16 too 110
Bklyn Un Bl Ist g 4-5sl950
106 Jan.'01
100 106

861^ Sale

121

1943 A-O
Inoome 5i....AprU,1943 Not.
West No Oar. fi«« South By.

Wheel'gALB
85

J-J

* No price Friday; latest bid

J-J

lit g 61. 1937

W YaOentAPlitgSi.lOll

01

16

Bep.'OO

lISM J'ae'99
llSk Jan.'01

4i

WYaAPltU. SmBAO.
09k
90H

Olk

W

15 100

Weit Shore. Sm N

lit oon guar g 5i. 1937

lltmortSs 1919... JAD
Dnlon Ferry— Stock

114k 115k
113k Deo 00

W

94k 84H W arren BB. Sm Del L A
Wash Cent See Nor Pao
106
SSH 86 Wash OA W. B$* Soathern

13

94?i
1095K
Jan.>01

l04Mr«b.'98

9 B^ Sale
e09i Bale

....

B8

•

OreShortLlnt lit g 6il932 F-A 1379i
Ore Bh li— litoon g 6i.l946 J-J II 6k
Non-onm Ino ASi...l946 3ep.t
Utah A Nor lit 7i
1008 J-J 110
Gold Si
1936 J-J
DnlNJBBAOOo. flsiPaBR
Utah Central. See Bio O
Utah A North. See Un:Pao.
DtloaABlaokB. SMNTOent
Val Ind AW. Sm Mo P.
Ver
irglnlaMld. 8m South By.
Wabash lit gSi
1939 M-N 110
2d gold Si
1939 F-A •
Debenture MTlM A.. .. 1939 J-J • 96
Berteia
1939 J -J
649^
lltg Si DetAOhBzt.. 1941 J.J 110
Des Moln Dly 1st g 4s. 1939 J -J
06
StOhaiBridge Iitg6i.ie08 A-O 109k

QengS

J-Dt

J

lOSS

J-J
A-O
J-D
A-O
J-J

Oot'99
Jan.'99

'

Jan.'99

184^

A-O
J-J
Gnaranteed gold Bs..l938 A-O
Ore A Oal Istgtdg 5i.l937 J-J
BAAAPaiilitgag4i.'43 J-J 82
BoPof Arga lltg6i.'09-10 J -JC
BPof Oal lit g6i.. 1905 A-O loeM
1st gold 6sserB..190S A-O 110
1st gold 6s
1906 A-O 113
1st gold 6s
1912 A-O ISO

r»rrw Comyanlee.
A 23d Sts Ferry....

102
too

. I

1

•• •

128

NoofCallitgag6i...l907

10th

••

J-D
130k J'ne'OO
Tor Ham A Bnff lit g 4i. 1 946 J-D*
90k 98k Jan.'01
1iakll7k UlitarADellitog 61.1028 J-B '108
108 Jan.'01
n Pao— BB A gg 4|1047 J.J lOek Bale 106k 106H
118k 116k
106
1947 J-J
n7kl21k Beglitered.
106H Jan.'01
OreByANaTlitifg 611009 J.J •*•••• «•••» 111 Deo '00
102k lOB
Ore BB ANar oong 4i.l946 J-D 101 Bale 108k 104H

143

134M

1949 F-

MezAPao 1st g....5s'31
Glla VOAN 1st gagBs 1934
HoasBAWTlBtg 5b. 1933

• •

1936 M-N
1936 M-N
WOAWlst07ga4s.l924 F-A
West N O 1st oon g 6s.l914 J-J
SAN Ala. See LAN.
Spok FallsANor IstR 6s.l93« J-J
Stat Isl Ry lit ga g 4ki.l043 J-D
Sanb A Lew— S«« Penn BR.
Syxa aing A N Y. Sm DLAW
1'ebo & N. Sf« M K & T
•r A 01 St L lit g 4ki.'3( A-O •114k
lit oon gold 6s. .1894-1944 F-A 116
St L M Bge Ter gn g 5s. 1 930 A-O 118
Tex A N O. S«« So Pao Co.
TezAP By H dlT lltg 6i. 1905 M-S 1C4

W

108« Jan.'01

••eee* •«•«••

Mortguarg 3Hs....l929 J-Dt
1999 J-Dt
Registered

Oal HarABAlitg 61.1910
adg7i
1909

5s

A 6s.l906 M-S
1911 M-S
1916 M-8
1921 M-8
1936 M-S
1936 M-B
1931 M-S

Kan A M lit gn g 4i. ..1990
Tol Peo A
litgold 41.1917
iiekizi
137 14Sk TStLAKO Iitg6itr.l916

Jan-'Ol

U514 Nov'OO

J.J

CPaolitiefgag4s...i949 FBeglstered

5s

A$k. Low. High. No. Lovi. High

Bid.

litgold 5i
,.9000 J-D
2d gold tno. 5i, Deo... 9000 Moh.

13714 Feb '99
115^ Jan.'01

*nt,H,

98k

00t.'97

10

118H121

31

BUBOoa&O SeisSarFAW

,

F

Series

lOS

Bod Bay A So 1st gSs... 1934 J-J
Bo Car A Qa. See Soathern.
Bon Pao Oo 2-5-yT 4HB..1905 J-D
eh>ld4sCent PaoooU.1949 J-DT
Registered,.

R

Small

OS

" 8 rokiisk
12194 ISO
116
118K 17 106 116k
I03k 104
lOaji Oct.'00

•Ill

W J.J

<!fc

Tear
1900.

.

Feb. 15

Gtd Itamped.

A-O
J-J
M-N

lltgSl

Week'B

Sange or
Latt Sale.

Gen6i

AAA P. Sm Bo Pao. Co. J .J
BF&NP 1st sf geB...1919 A-O
g6i.l934
1934

I'riee

Friday.
Feb 15.

Wbek Emdino

Bt

Sange

8-8

il

Series

81

[Vol. LXill.

4.

BONDS.

Sale

0S}<

.

N. Y. STOCK EXCHANGE

80
93

Boon * Flttt. SteBUtt P.
Borne Wat. AGs See NT Cent,
SaltLakeClftRtfei. .1913

Page

(5 pages)

A$k. Low. High. No. Low. High
Southern— (Con)
105 Nov'e9
Virginia Mid ser
83
81
80« 10 71
80«
Series B 6s
4
93
94
Bale
93
98M
SeriesC 6»
8erlegD4-5s..

Bid.
.

tJo&QllitR

Eange

Friee
Fridav,

Feb. 15

Bio Qi Jnno lit gn g Si 1939
1940
BloQrSo lit 8 41
1940
Guaranteed

PKI0E8

1

1

.

107M lOTM

sales.

MISGELL'8,

nilaeellaneoua. Par.
Amer. Writing Paper....

Bid.
1

Preferred
6s.,

Anthracite Coal Oo

t

100
A SmCar
100
Preferred
Bergn A Bng Br 1st 6s.
50
Com..
Bliss Company—

Barney

8
11
66)^

64k
7k 8k
S2k S6k

ICO
18S
50 196
Preferred
BondAMort Guar. ..100 366
81
Brltiah Columbia Copper
S8
100
Celluloid Co
lADd interest. T Price per ih
.

"aTI

186
105

187%
888

81%
109
are.

Feb.

THE CHRONICLE —BOND

16, 1901.]

Price
Friday,

BONDS.
H.T. STOCK EXCHANGE
Wbbk Ending Feb. 15.

J-D
NTQHLH*P..k6b.19*8
19*^ J-D
B«sriitered

K-A

111

109H

J-J

PG * B 8 5i.l849 M-R
PeoGai*Olitgug8f..l904 M-N
1904 J-D
8dgtdg8f..
1««» A-O
IrtooniolgBB
M-H
E«fundtoKB6i
}ll'
BoRUtored. ....... i«« M-H
J-J
ChQ-L*Ckel»tgngS«37
Con G Co of Ohlitgu K 5s 36 J-D
.

FChl»tKaK6i. 05 J-J
5.1947 M-N
Mn Fuel Gat Ist gn «58.1949
ffl-S

HqQ4

Trenton G & HI Xst «
UtloaBLAP lit if g 58.1950
Qai Oo ooi tr g 5i... 33

W«tn

1900.

Week

107

107J4

110^ 110

dSH

lU

to

HOW

31

96

ISO

108

1091a Jan.'Ot

lao

Nov'OO

107'

J'iy'bo
Jan.'01

103
120
106

Bale

111

106J<110

HAL

117M 120
107*' \'6i'

102W 107

120

116

137

Deo '98

109

•

106

108^
106

107
106
80 108
109
107

lOeii Jan.''0i
106 Jan.'01

104
108
109

M-N

104
Jan.'01

Feb

'01

109H
109
103
106
107

i07W Jaii."'01

Com

Cable Co 1st g
Registered

io'en ib'sw

ijleart Bit Coal.

SmTCIAR

SeeNYCAU

OolOAlltt conges... 190 2 F-A
OolO*IT>evCogtig5i..l909
ConponB off.
^ •}„;!!
Coi Fuel Co gen gold 6S.1919
Col F A I Co gen B f g 5s .1943
0e Bardel C A I. See T C A I.
Or RlT Coal A Cist g «»• 1919
TeffA01earOAIlstg5sl926
1926

SdgSs

«l

104
6S

J-J
98H

100

•••••• ftiaat

m

105

A-0,1

107H 110

no

Jan.'01

110

lot
105
101
33

Feb
Feb

101

Bale

MAN'F'Q A INDUSTRIAL.

J

Prooter A Gamb 1st g 6s. .'40
Stan Hope A T 1st g 6s. 1946

Bale

103
108
106
93
38

'0

'00

Jan.'OO

98

106
112

112M

105
109
88

-J

A-O
M-N
J-J

99H100M
83

106 Jan.'OO
895i Feb '00
99 Jan.'99

70

Apr '97

Bale
•*•
••••••

lOSX

106
Aug'OO

108

107)<

61

1946
s f g6sl918 j-ji
B LeatliCo s f deb g 6s.' 13 M-N

10

Income g 5s
BnTeICo 1st

93

109

118M

106

89M

86

89JH

48
361

669^
8

lis

113XJan.'01

84
24

116H

i08

108

109

103

mDkAImp

*tloprloe Friday; these are latest bid

Mleeallaneoue.

Par.

I

4s

Bid.

Ask

88
74
30
16
78
380

86
76
45

Okesebrough Mfg Co. 100
Chicago A Alton RR— Se« Stk. E
Olaflln

(H B)-lstpref.lOO

101

100

101

Id preferred

80
410
X. list

108
108

Common— Se« St.Rx. list
Colo Coal A Iron Develop
Preferred
Ool

A Hook Coal A

I,

88
86
86
56
10

pf d.

Co

65

ew
4W

Rubber Tire

Pit

Corbln Cabinet Look. 100
Corbln (P. & F.) Co.... 26
Cr trnps' Bh A Kn Bldg.lOO
Crucible Steel
Preferred
Diamond Match Co. .100

34
8&U
t 85
80
t 87
t

America.

9X
6

35W

300
00
82

37W
81

138>»

.

DlstiU. Co. of

SOW

43
90
SO
60
80
75

HM

.

Pref

21

Eleotrlo Boat

86

Preferred
leotrlo Vehicle
Preferred
Empire State Sugar..,,,.,

58W
IS
80
82

ON
23W
88
65
16

40W
83h

iioow 101

1st 6s

Bmplre Steel

6

Preferred
,
Hrle A Wtestern Trans. 60
Fidelity

A

87
60
Dep (Bait). .60 1166

General Carriage
S«neral Chemical
Preferred

Qorham Mfg Co-Com.lOO
Preferred

100

80
09

no

£5

ICO
108

180

Havana Commercial

16

Preferred
Hook-Jones-J Mill-Pf.ido
1st Ss 1932
MAS

1!^W

58

63
55

86

Heirlni^-Hail-Marvln. ...
1st preferred
100
8d preferred

80
8

,

Hoboken Land A Imp't
5s
Illinois

:.,

HleoVeh Trans. 10

International Blevat.ioo
Internat'l

Pump— Se« Stk,

MAN
3d 6s 1919
Karkeen Copper,,.,
Vfez Nat Constmot'n, pf
Monongahela River Coal.

.

t

60
Monongahela Water... 25
Mosler Safe Co
100
National Carbon
100
.100
Preferred

no

16

.

-SQu

B 5s
C 4s

NY
NY

ALB

50

Plttsbnrg Brewing
Preferred

50
50
100
PltUburg Coal. ..,,,..
100
Preferred
100
Pitts Plate Glasi

1

Currency funding 4s. ..1920
Dlst of Columbia— 3-65S.1924
Louisiana— New con 4s..l914

1919
Bo Carolina— 4Ws 30-40.1933
Tenn—New settlem't 3s. 1913
Small

t

30
82
18

158W

!d07

80

200

esw 96
28W
77W VdW

,

36
Russell A Brwln.
Safety Car Heat A Lt.l0O
Seaooast Packing Co
Preferred

list.

list.

.,

Preferred..,,

t

63
138

88
125

.

145

100
100
100

146
870
Standard OH of N J. .100 x797
Stand nnd'rg'dCable.lOO 814
StandardCoupler.oom. .
Preferred
, .
,

R T 1st 6s'13AAO
2d 5s 1926
JAJ
Stlllw-Bieroe A Bm-V.lOO
Storage Power
100
Swift A Co
Stat

170
160
150
800
dOO
818

Bxoh. llBU
55
40
80
180
185

t

iBl

70
ItfW 18
101
108

103
1st 6s 1010-1914... JAJ ilOl
120
Suiq Coal 6s 1911.... JAJ 113
TexasAPaolflo Coal. 100 lOlW
{106
1st 6s 1908
485
Title Guar A Trust... 100 466
6
8
Trenton Pott—Com.. 100

AAO

•

•••••

••9*«
••••••
••••It
••••••

••••«t
tflttl

*

••••••

»

• • •

19

40

..*••
...«••
......
.....i
••••t:
.^....
•>....

...tat

•

xttit

oot'oe

00

..t«
....««
...itf
•••lit
...tti
...lit

Feb '07
118W Dec'OO

liswiltw

•

108 Jan.'01
100WOot.'00
109 Oot.'99

iiiai •••fl«»

•••••• ..•••
•••••I §•••!•

113

n\H

lOSU
loow looS

101

NOT'09

n8«

10T4

100

10

1125<
107WB'eb.'0i

,

119

104W 107

IISH Deo '00

100

118

......

..IIM
recMKni.)

daily record tee teventhva te V

lOEK 105W
106H lOSK

1051^
105!4

HOW UIH
111

106W
105H

Feb

ll09i

now

Sale

bOeM
of Hve doUare

• • t

108W lllK
114 IItS
114
118W
188« 180
181H 138J<

•

1

Dac'OC

UOH lUW no
to the

106

....

now

um 115

11054

104

108K ll»H
'es 108M Uifi

114!4 Feb '01
118H 1185<
137H Jan-'Ol
1S8W Jan.'01

118W 114H
13':M 188H
13'H 188W

103W 107

10

'01

111

iiowinw now
118W114W

86

n29«116W

Jan.'01

113W 11««

Jan.'0l

tee

e7w

pouTuL

108W.

J-J t08W
J-J 103
J -J 110
F-A 133
J-J

J-J
A-O
J-J
J-J
J-J
J-J
J-J

Jan.'01

108W

.....

108

108

Apr '00

181

Aug'OO

108W

109W Feb.'99

:o5

106

105

184
110

138

Feb.'98

98

96
98

loew 109W
103 103M

131
108

•••••

IKM

108W

106 Aag'98
ioewoct.'oo

111

181

•••••• ••••fl

Mar'OO

130

W

97

Jan.'01

96W

Feb
9i% Feb

98

7WBale

7W

106

106M

180

ISO

98H
90
85

'01
'0

44

8

10

6

Bonds due Janoary. TDae August. aThese are option sales.

Preferred

BiQ.

65
66

Ask.
68

5

50

t

65
73

1st preferred.. .,..., 1 00

3d preferred

100

114

MleeellaneoUB*

Par,

66>s

75
45
114
118

Aik.

Bid.

«W

6>a

84
50
08
84

81

Bnvelope— Com..l00

Pref
100
S GlaBs— Common.. 100
Preferred
100
Va. Coal Iron A Coke. 100

00

U

80
t

MISCALL' 8,

(6

V. 8. Cast Iron Pipe
Preferred

«w US
10

4

,.,,,

Preferred

Banka.

no

Ask.

Bid.

Broken' Qu otat^ on*.
N. r. CITY.
America* .... 480

Am Bxoh....
Astor

Bowery*

38W

••••

130

8

MAS

4?^

37
Westlngh Air Brake. .50 tl81
Worthing. Pump, pfd.100 119
5s 1949.,.,

.

Chemical
Cltitena'

Domes. Bxoh
Bast River,
nth Ward*.
Flilellty*

Fifth Ave*..
Fifth
First
14th Street*.

Fourth
Gallatin

Oansevoort*.

German Am*
German Bx*.
Oermanla*...

Greenwich *..
Hamilton*...

Hano'r(new)

HldeAL'ath
Imp A Trad.
Irving

Leather Mfr.
Liberty
Lincoln

Manhattan*
Market A Ful
Mechanics'..
Mech A Tra*
Mercantile
Meroh Sxoh.
Merchants'..
.

Metropolis*..
•

Banka.
Mutual*
Nassaa*

160

N Y Nat Hx..
New York..,

130
385

860
too

19th Ward*.

int.

.

*

••a

Trnat Cos.

345

N. Y. CITY.

330 840
Bowl'gGreen 18S
1B5
CtLRlty BAT 326
Central Tr'st. 1976
Atlantic Tr.

t

195
500
^

105

City Trust... *380
Colonial
876
Continental 400

846

Farm Ln ATr '475 1515
Fifth Ave Tr 330
et

ee

e

e*

•

Guaranty Tr 600
Enlck'rb'ok'r 585
Manhattan
330
Mercantile
81J
Merchants'
300

650

.

lis

.

.

Metropolitan 490

160

•

et ••!

•

••••t«
seeatt

MortonTruBt 835
N Y L I A Tr 1383 1375'
N Y Sec A Tr 773
•es North Amer. 340J< isVs'
Real Est Tr't 310
Standard Tr't: 2S3
•• ••
Tr.Co.of Am.! 215
8S0
Tr.Co.ofN.Y.. 195
306
Union Trust.; 14C0 1416
UBMtgATr. 485 440

116

i

•

Dait. States.. 1681

1688

I

Washington. 309
85
110

1

BR'KLYN.

see**

'

sao

1

Brooklyn Tr. 415
185
riatbush
SBO
Hamilton.... 870
414
Kings Co
LIsiL ATr. 860
Manofaot'rs. 3S0
106
Nassaa
360
People's
SC6
WUllamab'gh
Franklin.

300

• •

Price per share.

310

,

.

t

otati ofu.

Sprague
28th Ward*. 110
Union*
ISO
Wailabout*. 106

,

•

Qu

Brokers

......

no

95
Ninth
North Amer. 810
310
Oriental*.... 19C9<
4000 40E0 Paolflo*
185
160
470
Park
58S
580
Peoples'* .... 335
300
100
Phenix
800
470
Plaia*
t831
Prod Bxoh*.. 140
149
Republic .... 880
t385
Riverside*... 210
••«••• 103
Seaboard .... 350
140
660
Second
160
186
Seventh
310
Shoe A Le'th 105
8750 3350 State*
350
225
State of NY* 140
3600
12th Ward*.. 100
150
23d Ward*... 100
tl66i ....
Union Sq*.... 885
400
43S
West Bide*.. 390
100
tin
Western
1800
YorkvUle*.. 280
126
135
885
BB'KLYN.
300
156
Bedford*.... 285
150
Broadway*
3SU
515
680
Brooxi>- .. no
166
8th Ward*...
540
5th Ave*.... 100
186
First
300
190
230
Kings Co*.... no
400
Mauufaot'rt. ass
836
Mechanics*.. iOO
280
Mech A Tra*. 270
845
Merchants'. 100
213
•••!• Nassau ..,,., 9BS
100
373
Nat City
286
836
North aide*. 176
188
People's* ... IPO
Soherm'rh'n* 170W
eet
17th Ward*. 106
800 660

Alk

Bid.

Brokers' Qu otatio ns.
Mt Morris*.. 190

Banks marked with an asterUk.(») are

aaonied

Ask.

Bid.

180
190
New Amst.*.. 723
New York Co 1600

1248
600
SCO

Broadway.... SCO
Butch'sADr.. 04
Central
171
Chase
800
Chatham .... 300

Garfield

Simmons H'rdw-Com.100 156

Sloss-Sheffield - Se« Stock
.60

|

Union Switch A SiRnal.SO

. . .

1

.

Rubber Goods Mfg

••••••

oonsboutiye px&m).— BANKS

33W B3H City
34W 34^ Colonial*
Columbia*...
449t 49
281a 28H Commerce...
Continental
88J4 88H
Corn Bich*..

Planters' Compress— See Bost'n
70
Pratt A Whitn— Pref 100
Prooter A Gamble.,., 100 3^6

100
1st 6s— See Stock Hxch,
Royal Bak Pow pf . ......

"I'l's" No't"''9'9

101

-J

Union Typewr—Com.100

n4W

Pitts Bess

81

33K

84
111

t««9«« aitttt

lu

1906
1906

9

.100
National Saw— Pref.. 100
National Salt— Sm Stock Bxoh. LlBt.
100
100 14U
National Surety
National Tube See NYStk Bxoh. list.
3
N. H. Blec. Veh.Trans..lO t
SW
86
70
100
Loan A Imp
116
Biscuit 6s 1911. MAS
New Jer Zlno A Iron.. 100
N. Y. Hl.Veh. Transp.lOO
60 t 80
Nicholson File Co
38
33
OtlB filevator— Com
98
93
Preferred
Peck, Stow A Wilcox.. 25 t 38
50 750
Pennsylvania Coal

IW Bonthorn Cotton Oil..

Bxoh. UsU
Bxoh. list.
Do
do
pref,
88
40
Do
do bonds. I 07
101
Iron Steamboat.
lOO
a
8
1901
JAJ 58
65
John B Stetson—Com. 100 06 ......
Preferred
100 116
130
Jonmeay A Bnmham. 100
Preferred
100
Lanston Monotype.... 20 t e8>a 67 »a
Lawyers' Surety. .... 100 101
113

«

Class
Class

21

18
80
15

. ,

BingerMfs Co

106

So**

Gramophone.

88

no

83

100

Preferred
Nat'l

*•••••
s«««aa
*•>»••
••••••

A 4 to 5.1906 J-J

1«

100
16

38W

•••••
••••!•
•••••«
••••••
••••••
••••••
St»t*l
s

s*l«««

Low Hia»

High. No.

BTATB BBCUBITIBS.
Alabama-Class

19W
I'W
43W
40

Bale
I

*««flti

1925
U B 4s registered
1985
U B 4s ooapon
1904
a 8 5s registered
,.1904
U 8 6s ooapon
FOR'GN GOV. SHCURITIBS.
n B of Mexico 8 f g 5s oi 1899

Mlaeellaneoua. Par

nw

Year
1900.

.'04

Trenton Pott— fref.. 100
Trow Dlreotory-New.lOO
Dnlcn Copper
,,
Union Steel A Chain..,.,,

40

Preferred

Preferred
Sd preferred

8

Internat SUyer— Se« Stk.

inni:

.

Ask

MIeoellaneoaa. Par. Bid
(P)— Pref.. .100 105
Madison Sq. Garden— 100
6

Preferred

t

aw
iob
100

10
44

7

uorlllard

Nat Hnam'g A Stamp .IOC

JAJ
Istg 5s 1917
Compressed Air Co
Co isoUd Car Ueatlng.lOO
Co Jsol Flrew'ks-Com.lOO
100
rte'erred
Cons Ry B eo Lt A Hquip.
isoi

(Given at foot of

Banyc

87J< Jan.'01
88
685* "is
110
Aug'OO

70

*•»••

U. 8. GOV. SHCURITIBS.
1930
U 8 2s registered
193G
UB88 ooapon
1918
US 3i registered
1918
U S Ssconpon
1918
small
bonds.
8
3b
reg
n
U S 3s ooa small bonds. 1918
1907
D 8 4s registered
1907
D 8 4s ooapon

and asked thli week. tDneJuly. (DneMay. IDueAprU.

OUTSIDE SECURITIES
0«nt Flrew'rks— Com.100
100
Preferred
Okataangay OreA Ir 6s '16
Ohes A O Grain HI— Inc.

7s.

Virginia fund debt 3-3i.l991
Registered
,
0s deferred oertfa

106

n

Week's

Aik. Low.

sm
88

NoWestn Teleg. SMWest.On.
West Union— Col tr cur 5b.'38
Fd and real est g4W..1960
Mat UnTelsf'd 6s... 1911

Small.....
6s

DS.

tr g 4s. 1948 M-8
Adams Hx—Col
6s. SeeCenNJ

Latt Sale.

67)4

small *.•*••...•••.*••••..*«*.
Missouri- Funding. ..1894-95 J -'J
Nortn Car—Con8ol4s...l910 J-J

J'ly'99
11

UB

105

SB 108^ 100
87^ 95
"38 104
103
107H

61

Feb. 15.

•

TAT

100^104

Feb '01
88

Bange or

J-D
J-J
M-8

.2397

Bmall

F-A

MI80HLLANH0UB BON

105

101

100
Si

99)<

83

&rameroy 3ng 1st g 6s.. 1933 A-O
1910 J -J
111 Steel Co debSs
Non-oonr deben 6s.. .1913 A-O
1C6
Int'l Paper Co lstoong6s.'18 F-A
Knlok loe (Chlo) Istg 5s.l928

90

F-A
J-J
J-J
A-O
J-J
M-8
M-N
J-J
M-N
M-N
J-JI
F-A

2397 V-\J
Brier AT oeltrgsf6s...l926 J-J
istsf g 5s... 1918 M-N
Met
Mat Cn Tel Oo. See Wn Dn,
J( r A N J Tel gen g 5s oy. '20 M-N

Northwestern Tel

lOBW 108M

lOlWOot'OO

M-8
Am Spirits Mlg 1st g6s..l915
1919 J -J
Am Thread l»toolt8t4i..1942

Nat StarOhMfg Oolstg6sl92()

58

4s..

b Thtte are price* on

g8i... 1900 Qn-F
AmOotOU deb
1915
Bxtended 4^"

BarASCarCo lstg6s

10

Oot.'00

Blrm Dlv 1st con 6s. 1917 J -J
Cah M Co Ist gu g 6s..'22 J-D
De Bar C A I Co gn g 6s. '10 F-A
Wli L H A P Co 1st g 5s.'19 J -J

TennCoalTUlv Istg6sl917

65

95HJan.'97
107 May'97
80 May'97

J-D

Pleas ValCoallst g sf 5 ••1928
Boon A Fit C& 1 pur 5s 19 46 iu-N
Bun Ok Coal 1st g s f 6s..l912 J-D

Nov'OO

108M 106«
98X Feb '01

f»i-N

F-A
A-O
J-D

lOOX 1C8H

Jan.'01

'

'

OOAIi A IRON BONDS,
/-^ah Coal Mln.

Wat Works Ist 6i.'06
Vermont Mar 1st s f 5s.lS10
THLB. A TBLBPH. BONDS.

8p Val

•«««• istait

•i07
•IDS
•103

ctfs.
WA WH IstSitr
ool
5S.1915

Iron Steamboat Co 8s... 1901
Mad Sq Gard Istg 5s. ..1919
gen g 4b. 1940
Man Bch
News SAD D 5s.l990
Newpt
rAOntLand Istg 6s. 1910
8t L Ter Capples Station A
PropCo Istg 4Ws 5-20 yr'17
B Yuba Wat Co con g 6b.. '23

95H

-J

.1

Ist con g 58'48

R
Chlo Jo A Strd
Non-onm Ino 68 ....1907
A.191]
gr
MAMld
3XsB
Det
Hack Wat Reor Ist g 5s. 1926
Head B Co 1st s f g6s... 1931
1910
Hoboken L A I g 5s

103!4 111

91

Price
Friday,
Bid.

k'n

331

6.

Bndinq Feb. 15.

High

98^ Dec'OO

1

121

130

Lou>

Page

n. y. stock exchange

t«t*«l *%«•••

P»ter.on*

. .

Sale'.

(5 pages)

BONDS.

Tear

BklnFerryCo

95)4 Sale

lit oonT g B»J0ig IU-8

Bange

12
1^

Ask, Low, High. iro.

Bid.

A-O
A-O
J-J

»

HI

Latt

Feb. 15.

Klll»iC0B!lL*PBBi.....'87
.fit
PnrohiMe mon
i^^^Sa
Hd Bl 11 Bkn-litoon g •• 3«| «-F» 98
•107J<
L»o(iai-LCoofStLlitg5.19
Q-F*
Bmall
V.--^?!
.
PeopGas
tint Fuel Gai Co Set
*106i4

d

Week'g

Bangt or

PRICES

115

SUM

Sale at Btook

.

. ,

. • •

8U

•«

ee*t

I

banks.

I

xek.or

Porchaaer ai»o »y.«
aaoUon thtswe k

at

....

1

IHE CHKONiCLE.

332

•

.

[Vol. LXill.

Boston, Philade Iphia and Baltimore Stock Exchanges--A Daily and Yearly Record.
Sbare Prices— Not Per Centam Prices.
8aLe»
Sales in
Range
ACTIVE STOCKS.

Saturday,

Monday,

Tuesday,

Feb. 9.

Feb. li.

Feb. 12.

843
195

•ia?"

213
1U5

'195

uox
42%

46H

143

teyt

86

aOHi

79!<
179<

79W
18H

46«

143

142

346
,

U7H
42it

40
,

S3H
26^
7«H

90>»

ans

74M
16H
87H

IB I''
18-18
13-ie

'79<

90

90H

38

808
74H 75

165^

b

87!4

la
28

33 1-16

18H

13i<

29

2^.H

Vi%
8;% 88^
35^
35
16% 16%

22

00

13^ 18M
39V6 89H

«6

94H 94M
88X 88>r
16% 16%

17

17

94

94

94

»4

M

«1M

92)4

91!<

93H

>^

38^

33

83
84

308

O
o

7S

749i
ia>4

SB 3-16 93M 83

n«

21

308

308

bi

ffl

83H 84H

8t

3

163
898
84
8Q5
IB

8S->

36!4

SBM

63

«4
63

63M

87

6^
6«
•

lOH

e^

lO^i

^H

13491 L35

IBM

86

31M,
79«

15^

56
70
* Bid and

•68
•

93

88X

909«

n««

119

163
333
85
365

163
880

3tt

38M

14

18
H6

137

137
37

• • • •

I

80
130
68
165

83
140
iVo'

60%
64

65

74
168
100

76

"

60

Wit Gent, new.(Bost)100
"

100

Wor Nash A R. " 100
MI8GBLLANB0US.
AUouas Mlnlng(Bost) 85
4mer.Cement!(PhU) ....
60
Amer. LAS...

7^1

16

43
ISO

8%

17
46
136
394

<5«

HAH"

111!

Jidlson Bl

850

(Bost) too 245

60

Ind-Bgyp Com (Bost). 100
10
TntBntHASM "
60
UleBo7ale!...(Boit) 35
Manofac Bab. •ii'hU) 60
"
Pref
50
MsryiandBrew.(Balt) 100
"
100
Preferred...

8>t

15>i
•»3><

135

137
3394 35
8

136

185H

128!4

. .

(iiost)

"

7%

ai%

8

WelsbaohCo

18%

4

1
494

88

H

49h
3%

60%

1

UUh

84% 85

Mining.. (Bost)4-86
I A 8. (PhU) 10
60
Westm rel Coal "
Winona Mlnlng(Bost) 85

Wolverine Mln.

"

7
7)4

60%

35

7H
0094

AmBeilTel4s..l908 JAJ

100

ATA8Fgeng4s.'95AAO

100%

101

103
93
116

Adjnstment g 4s.. 1995 { 93%
Boston Term'l 3%s. .1947 jll6
HO
Bos Un Qas 1st 58. '39 JAJ
63
3dM5s
1939 JAJ
BurA Mo RIv ez'pt 6s.JAJ ;119
Non-ezempt 6s. '18 JAJ {103%
Sink fund 4s. .1910 JAJ hoo
-

88
66

5101
|l08
IllO
|l04
-106

111

AAO

100
W9

tOl

Domin Coal lst6s.'13MAS 2109

110

ChlAWMgen5s.'31JAD

Curr't Riv Isi 5s.'37

DORA Wlst4s.'46 AAO
Fr

M 68 g.'Oe MAS Ins

BLkAMY l8t6s'33end

Dnst'p'd 1st 6s.'33 AAO
lUln Steel conv 5s.'10 JAJ
Debenture 58.191 3 AAO

108%

99%

Jl37
|l37

98
»8
{100
{116
{130
«

101

180%

2S^ 100
80
87%

{104
{118
{106
1118
MezCent 4s g..l911 JAJ { 83
1st con Ino 3s g non-cam
80
8d con Ino 3s non-cnm..
14%

"

BONDS
NBGas AC

Bid.

81
16

4.38'
1,080

11

4

8
Feb 15

85

Feb.

Jan.

Iff

29« Jan. 18

Jan.

16
3
6

Jan.
14794 Jan.
130 Feb.
164% Jan.
338% Jan.
86 Feb.
855 Jan.
Jan.
'J^
60H Jan.
40 Jan.
99 Jan.

55

87%

7%
8%

16

99
139
38

14
13
a
19
8

10
S

8

Feb. 7
Feb. 11
.Ian.
8
Feb. IS
Feb. 18
8
Jan.
Jan.

30

Feb.
896 Feb.
128% Jan.
16% Jan.
47 Jan.
63 Feb.
70% Feb.

11

IS
4
'3

15
15

BONDS

Ist 5s.. 1937

1914MAS
1916

48

106
68

'

WU A Weld 5s. .1935 JAJ

AlleVyBext7sl910AAO 187
Asphalt Go 5s

tr otfs.

.

MAN

Atl City 1st 5sg..'19

•
'

• • •

I

• • • •)

i

871a 89
lie
118

Atl Coast L ctfs Ss JAD
Bait Beit Ist 5s.l990MAN

Del

.

A B Bk

BastAA

l8t78.'05

Ist

FAA

M 5s.'20 MA.N

BaltCPa8l8t58.1911MAN 111
118
Bait Fundg 58.1916 MAN 186
Hzohange 3%8.1930JAJ 118% 118%
BaltAPlstesml 1911AA0

Bdison Elec Ss stk tr otfs.
BlecA Peop's Tr stk tr otfs
BImAWilm Ist Os.'lO JAJ
Income 5b.. 2862 AAO

1st 6s tunnel 1911..JAJ
Bal Trao lst58.1929MAN

Bq IllGas-L

Bzt A Imp 68.1901MAS
NoBaltDlv5s.l942JAD
Gonv'rtible 5sl906MAK
Central Ry 68. 1 9 1 3 J AJ
.

117
103
181

103%

.

180

Chas City Ry Ist 6s '23JAJ 105
83
Chas Ry a A Bl 5t '99 MAS
85%
CharlCAA ezt58.1910JAJ 106H
Sd 78 1910
AAO
118
GltyASub l8t58.1922JAD ii?
CltyA8nb(Wash)l8t5s'48
87% 90
ColAGmvlst5-6.1917JAJ 130%
lV4%
Gonsoi Gas 68. .1910 JAD 114
1939JAD 118 113^
5s
107
108
Ga AAlal8tpf5sl945AAO
QaCarANl8t58g.l929JAJ 103% 104
126
GeorgiaPlst5-6s 1923JAJ 184
GaSoAFla 1st 58. 1945 JAJ 1)3% 11894
9u
96
EnozvTrao l8t5s'38AAO
Lake R Bl l8tgu5s'42MA8 117
Maryland Brewing 6s ....
68% S9
180
MetSt( Wash) 1st 58'35FA 118
New on Gas 1st 58...yar
NewpNAOPl8t5s'38MAN 106% 107
Norfolk 8t Ist 58 '44. JAJ 108
NorthCent4%8.1936AAO 117
JAJ 108 110
6s 1904

A

5s 1926.... JAJ
Series
Series B 5s 1936.... JAJ
Pitt Un Trao 58.1997 JAJ
PotomYal 1st Ss. 194 1 JAJ

136
187

187%

06
100
3eoAvTn(Pltti)68'34JAD 117
Sav Fla A West 6s 34 AAO
Seaboard A L 4s I960..,. "7194 73
181
138
Loan oertf 8 1903
8eab A Roan 68.1936 JAJ 108
'

OnBI LAPlst4%s'89MAN

UnBy A Bl

lst4s*40.MAS

Income 4i 1949.... J AD
Ylrg Mid Ist 68.1906 MAS

87%

88%

99
76

99 !4

Fond dabt8-38.1991JAJ

76%

*•••*•

MAS 119%
MAS 181
111
MAS 118

series 6s.. 1911
series 6s.. 1916
4th ser 3-4-6s.l931MA8
5th series 68.1936
Va (State) 3s new.'33JAJ

96
90

.

180*

.

I8tg58.iy2>-

Ry

97

4s.

109

No Penn

1st 48..'36

GenM7s

MAN

108

46M

lue
•

•••*

104
85

111
106

Cons 58
Cons 48

AAO
AAO
MAM

lst5s.'17
People's Tr tr certs 4s.'43
PhUa Bleo gold trust ctfs
Trust certfs 48
PhABr gen 5g.'30
Gen
4s g.. 1920
Ph A Read 2d Ss.'33 AAO

M

M

.....

130

io';

Penn Steel

*

105% ibo"

6s r...l910 Vai
Consol 6s 0.... 1905 Var
Consol 58 r.... 1919 Var
Penn A
Steel oon 8s.

1939
1939

••••

180H
183%

186%

Penn gen

Md

•itt

•

113

1903JAJ

PaANYCan7s..'06JAD

•

78%

.1933

K C Sub B Ist 8s..'20 JAD
Lehigh Nav 4%s. .'14 Q-J
1914 Q-F
RR4ng.
Gen M4%8g.. 1924 U-F
Leh VG'l lst5sg.'33jAJ
Leh Yal ezt 4s.. 1948 JAD
1910 M&ti
2d 78
1933 JAD
Consol 6s
Annuity 68
JAD
Nat Aspb alt col 68
New'k Cot Gas 5s '48 JAD
Newark Pass con 58.1930
NYPhil&Norl8t48 '39J&J
Income 4s... 1039 M&N

117
108
91

•
•

••«•
••»

110%
107
10494
7314

AAO laOH
AAO 109

GonsolM7s..l911 JAD
Con M6sg...l911 JAL
Bzt Imp M4s g.'47 AAo
Con M of '83 48.'37 JA.i
Terminal 58 g.l941

Q-l<

139
181

180

186

PWUABalt4s.l917AAU
CoUattrust 48.1931 JAJ
4s, 1997 JAJ
Rochester Ry con 5s. 1 930
SohRB31del8t5s g'35JAD
Scran Trac 1st 6s^33MAN
United N J 4s. 1944 MAS
UnTraoPlttt gen5s'97 JA.1
Weiabaoh s f 5s 1980. JAD

ibo

Read Co gen

.

87

116%
102"

Hestonv M A F oon 58. '24 117
HA B Top oon 5s.'25 A tO 109X
Indianapolis

icm

Consol58....1933MAN 118
Bzt A Imp 5S.1932MA8 116

6894
lt4>»

Ter Ist 5g. 1928 J AD
BergABBrewl8t68'21JAJ
B Boro Gas Ist 5b.'38MAS
Cambrtalron 6s.l917 JAJ
60
Che»&DCanl8t5s.'16JAJ
ChocOk&G gen 58'19JAJ 109
Clt's'St Ry(Ind)con 5s.'33 100
Colum 8t Ry 1st oon 5s.'32
Con Trac of N J Ist 5s.. '33 108%
Balls

AtlG-Llghtl8t58l917JAD
.

118

Bonds— Philadelphia

MAN no6

Bonds—Baltimore.
Anacostia A Pot
58
Atl A Ch Ist 78.1907 JAJ

Bid.

Baltimore— Conolu'd.
WestN Coon 68.1914 JAJ 118
WestYaCAPl 8t6g. 1 1 J AJ 114

i

i.....

t 67
{108
1907 AAO {108
68
N YAN Bng lst7s.'05JAJ {lis
Istmortes.. ..1906 JAJ {109
Rutland Ist 68.. '02 MAN {108
Torrlngton 1st 5s 1918.. «
West End 8t 5s. .'02 MAN {108

4%s
Deb

910
658

Ask

New Bng Tele 6s.' 16 AAO

3d
3d

83

30,395
83,971

6(

...

Maoona N 1st 4%8 '90MA8

Ch Bur Ag4s.l922FAA
lowaDlv 48.1919 AAO
Chicago Juno 58.1915 JAJ
Ch A No M gu5s.'31 MAN

175
299

(Boston) ...50

13

7
11

17 1-16

164

87

10

b 16 7-16

. .

Boston— Concluded.
168
NewBng congen58'46JAJ
3% N E CotYarn 58 1939FAA

%

36
25
35

...

"

(Phlla.). ...100

Ask.

18

(Phlla.)

.

Bid.

IC

K G CA 8 Ist 58 g.'35 AAO
KCFt8AQlst7s.'08JAD
208 810
K C F SAMoon 6s.'28MAN
163
K M A B 1st 48..'34 MAS
7
8
Income Ss
8
8% K GA M RyAB 6s.'89 AAO
10
K G St Jo A G B 7s.'07 JAJ
L RookAF S I8t78.'06 JAJ
89M
Mar H A Ont 6s...' 26 AAO
8%

8094

^4

"
Pref
60
60
Pennsyl Salt... "
70
Pennsyl SteelT. "
....
"
100
Pref!
46
Phlla Co.
"
60
19
80
Plaiiter8CompT(Bost)lOO
177
35 176
yuinoy Mining. "
Rhode Isl Mln.. "
85
5
8%
Santa Ysabel d "
5
A8T[..(PhU)
Susquel
Tamarack Mln. (Bost) 35 886 340
«)*
Tidewater 8t... (PhU) 10
86% H'
Torrlngton"A"(Bost) 35
87
28
"
Pref
36
>4
3>9
3
85
Un Cop L A M'g "
UnBlLAPowpf (Bait) 60 361.J 37^j
United Fmlt (Bost) .100 I'^e^ 127>3
81
35
311a
Dn Shoe Maoh.. '•
34
"
Pref
35
24H
18
18%
25
U 8 Mining.... "

^ast'n 1st

86%
"

18,298
8,918

61% 63 Westlngh. Bleotrlo i Mfg.
70
70X Preferred

100

473

"
... 60
«
Preferred!
... 60
New Bng. Cotton Yam, pref. (Boston) ...100
New England Telephone....
'
...100
Old Dominion Copper T......
"
...35
Philadelphia BlecT 5pald.. (Phlla.). ••••••*
United Qas Improvement t.
"
...60
United States OH
.(Boston). ... 35

a 37 P-16 87 11-16

Teleohone

2S.1

5,14';

15H

MISCHLL.—Concluded.

162
8,883

7

80
as
13

H3J<

95

Jan. 21
Jan.
Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
1896 Jan.
58 Jan.
3-94 Jan.
48 Jan.
4l>4 Jan
03% Jan.
rt
Feb.
4% Jan.
8% Jan.
90 Feb.
137i4 Jan.
38% Jaa.
6H Jan.
188% Feb.
11% Jan.
40 Jan.
54 Jan.
66 Jan.

3,7>.0

.(Boston). ...100
"
...100
"
...100

5
7
15
84

308%

100
H
86,065 13I9<
48 117
1,505 151
554 300
8.84n 76
27 830

1,946

169t

S5Hi

6m
70

70

,

38
80
3

i,38f
6,9 5

50

95

•15

14

6iH

,

.

10
25
50
...100

i:

84%

13,618
2,»52

...100

185k

34Vi
796

8!4

126
14

Dominion Coal
Brie Telephone

.

Bonds— Boston.

10
DeLong
"
10
Dlam State St
Domln Coalpf (Boit)lOO 108
Dom Iron A 8.1 " .... 34H
BastonConBl (PhU) 60 81%

Franklin Mln'g.(Bost) 35
lOO
Seneral Elect..
"
100
Pref

79«

67M 67^ Lehigh Coal St NaTlgatlon..
e% Marsden CoH
894
,
7H 8V8 Niilonal Asphalt T

Warwick

18
19
(Bost) 85
Axoadlan
"
36
894
Arnold Mining.
<H
"
28
86
30
Atlantlo Mln'g.
'*
39
40
35
Baltlo Mining..
19
(PhU) 60
B«UtSts«l
Boston SleoLt. (Bost) 100 813 816
46
(PhU)
60
Oambrla Iron..
96 100
Canton Co.... ..(Bait) 100
84
24%
Oenten Mining. (Bost) 35
18
"
12%
85
Central OU
Con. Lake Snp. (PhU) 60
2«X
18
"
Pref
60
1
6
Dsnv. Bessemer "

Keo Goof Ami. (Phil)

519i

D8PHor8eCol.(PhU)

110% 111

(Bait.)

8794
«94

Old Col Mining. "
Osceola Mining. "
Palmetto Co.... (PhU)
Parrott811ACop(Bost)

90

paid... (Phlla.)

HH

37

85

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

"

,.

910^

5244 Federal Steel

PennBHec Veh.(PhU) 60
I

Steel,

61

NewHngGsAG 1
....
New Hav I A 8. (PhU) 5
NoAmODredg(Bost) 10

17

Calumet & Heola

69i< Consolidated Qas

61

"

65
176
880

"
"

86

14H 15H
91H

4aFffMnttaaier

175
305

Montana
ButteABoston
<fc

38S4

STOCKS -BONDS
'«it

Boston

Cambna

18
•589i

90
137

89fi

H9H

163
^24
83
855

61k
51%
6T4.

nade.

Bid. ASK.
15.

168
330
81
855

18M
59H

59!4

83

128ifl 137941

w»

119

81

1-^%
B894

135!^ 138

162^

6,4ie
l.lSi
1,953
8,025
21id

(Boston). ...100
Amer. ARrlcnl. Chemical t..
"
...100
Preferred!
"
...lot
American Alkali
(Phlla.). ... 50
Preferred, 810 paid
... 60
American Sugar ReUnlngT. (Boston). ...100
"
Pref erred K,..,
...100
Amer. Telephone ATel.Co..
"
...100

3SH

•U8>»

331
89
860

26,045
1H,853

f>(

Amalgamated Copper!

83
a

8

13794

6,69^
14,03^
8,931
18,832

50

...
...

Jan.
71>< Jan, 31

(Vllscellaneous Stocks.

32
85

2

'850

18
6894

8

3
Bts Go Oenerall " ....
United N J.... (PhU)lOO 380
"
40
86
UnPow* Trans

V7estBndpref.(Bost) 60
8 8.(PhU) 50

2

.

1

Jan. 81
5
7594 Jan.
ISMiJan. 4 18% Jan. 7
32 3-16Jan.35 3^94 Feb. 7
4 8310- 16 Jan. 7
19 Jan.
13 Feb. 13
994 Jan. 3
89% Feb. 13
349i Jan.
979« Feb. 7
78H Jan.
83 Jan.
90S4 Feb. 7
3
37 Jan.
3394 Jan
17% Jan. 7
16^4 Feb.
94 Jan. 30
9i9i Jan.

305

!*

;

H

55M

•

89% 91
3lH 33
83^ 84H

3Hi

58
70

60
Hesquehon'g V. "
50
North Penn.... "
Per« Mar4u't«.(Boit)100
"
100
Pref
Phil Oerm & N.(PhU) 60
60
Traction
Phlla.

If^

84

56

MlnehUiABH.lPhll) 60

93^ 95

3tH

IBh

"
100
Llttla 8ohuylk.(FhU) 50
Maine Central. (Boat) 100

IstSPADynam(Phll)

90
31
84

IS

Pref

111..

94

15H

FtS AM..(B08t)100

Pref

94

3IW

MAT"

WestNTAPa.

•JS94

m

Feo.
3513
Amer.Rallwa)s(Phll) 50
AU * Charlotte (Bait) 100 136
B0i& Maine pf.(Bost) IOC 170
100 303
Boston *Ptot. "
"
16
100
OsntralMass...
63
"
100
Pref
"
100 170
Oo»n*Pa8Sum
Oonn River.... " 100 260
8794
OonsolTrPlttsKPhU) 60
"
68%
60
Pref!
Sa South & Fla.(Balt)100 44
"
100
9694
1st pref
73
"
100
8d pref
ft'nnant'n PaBs(Phll) 60 149
44
60
Hestonv
78
"
60
Pref
IOC ••••••
"
Inds Street

WertJer4

1654

94

7
ifH

RAILROADS.— Price*

KG

16%

67%

lale

.

94

^«

no

... 50
... 5r
...100
"
,,
...100
(Boston ...IOC
"
...100
paid. (Phlla.). ... 50

(Bait.)

349i
ie9«

67>4

70

20%
94H

2PU

33

"
"

,

\2% Seaboard Air Line
"

13H

Si

5194

INACTIVE STOCKS

!•>!»*

5(

,...

8a

51

13894

....
....

18^

..,.

88

63

7H

135
16

13-1

169*

86

53>4

7%

3')0

•<4?4

63h

95
187
38

I

*18B

86^

B9X

•589i

857

.

369^
17

82^

8
141j

14

8v»

855

6^2

2^
7«

<<H

9594

88
35

1181.J

S»,670

.

29VS
Preferred
,,,
93^, Onion Paolflo
8S94
Preferred
3«'>/* Union Traction,
81 7H
169* nmted Ry & aieo. Oo. ...... (Balt.1
94
West End Street.
(Boston).
,

163
330

67K 67%

87H

us

69!^
39?«

aw%

1894

18694 143'«| 186

18H

18
5M
36
60
53

18

39 „

16M

Jan.
Jan.
Jan.
13» Jan.
38% Jan.
84 Jan.
77% Jan.
13i4 Jan.
S8H Jan.
79 Jan.

37'
9,963

8,8«1
144

22

37^
45%

37t>

.

88

345
196

136

b

718

1

(

355

Jan.
Jan.
Jan.
Jan.
148i< Jan.
163 Feb.
ISO Jan.
43 Feb.
40H Jan.
143 Jan.
35 Jan.
88% Feb.
80 Jan.
18% Feb.
91 Jan.
88 Jan.

Jan.
Jan.
Jan.

Jan
:30ii 133i< Feb.
75( 143^ Jan

)

114

M

IBS
325
85
85S

IBO
323
83
855

ltf4

885
85

13

3

140H1419« 140% 148H
130
120 120^ 120

. .

Reading; Company
15-16
3791 87%
8?M 87% 1st preferred
13-16 81 11-16 39« 32!4 «3 7-ln
2d preferred

'294

>

3S

362 851
390 159^
S'- 341
8 19 i

)

)

83<<
3t)%
7flH
18

86X 86H
208

(

1901.

Highest

Lowest.

Railroad Stoek*.

Boston A Albany
Boiton ...100
Boston Hlevated, full paid..
...100
Boston & Lowell
"
...100
19S
195
194
Boston & Maine
...100
138« 1S994 13894 143H Chlo. Burl. 4 Qulnoy
...100
150
153 Chlo. Juno. & Vn. Stock Yds.
148
150
"
...100
*127 138
'liJ9
Preferred
...100
4 3«
43^ Ohootaw Oklahoma & aulf
'43^ 48
Phila. ... 60
46
48
4594 46
Preferred
... 60
,
143 143
143
143
FltchburR, pref
(Boston ...100
Lehl«h Valley
33% 8314 32%
(Phlla.) ... 50
30
28
•35h 26 Massachusetts Hleot. Coi.f.( Boston). ...100
7B94 7e94
80
80
Preferred T
...100
17<I4
l-« 18
18H Mexican Central
...100
(Bait.)
90s 90^ '90« 91 Northern Central....,
... 50
84
Northern Paolflo
84Vt
(Phlla.) ...100
"
Preferred
...lor
803 803 •208 209 Old Colony
(Boston ...lot
7*H 7494 749g 75« Pennsylvania
(Phlla.). ... 50
'

48

S3
S3M
38^ aejt
T9H 79H
17H 18%

.

14IH

•14a

143

90

345

43^

4294

•46

18H

•l9S
139
•
««
'137

140%

14^
19-« 138

'.','.'...

189

of

of the
Week.
Sharei

H Indicates anllsted.

334 855
354«
1H8H 168H 188^ 109
343 249
'343
24'

3S4U 2SS

3549< 355
16flH 169)»
'343

•8B4H255

Friday,
Feb 15.

TTedn*iSday Thursday,
Fe6. 13
Feb. 14.

110
111

180
116

76H

•

••

•

••••

•

• •

•

•«

91-&U paid
Interest.
*Prtoe inolndea overdne coupe ai

iAnd

February

THE CHRONICLE

16, 1901.J

3»3

Invcstmtnt anil l^ailroaxl %nUlliQcnu.

RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from wliich regular weekly or monthly returns
oan be obtained. The fii'st two columns of figures give the gross earnings for the latest week or month, and the last two
oolumns the earnings for the period from July 1 to and including such latest week or month.
ITie returns of the street railways are hrnuuht toaether separately on a sub^erpient page,
Notice Change We have changed our yearly totals so as to make them date from July 1 instead of from Jan. 1.

—

Latett Orott Earnings.

BOADB.

PreviouB
Weehor Mo Ourreni
Fear.
Tear.

S

9
13,012
Adlrondaok...- November
44,9S3
Aia. Gt.Soutli. l8twk Feb,
101,390
Ala. Midland.. Oeceiuber.
AJa.N. O.&Tex aH Pao.Jau 0.—
67,000
N.O.&N.E... Ithwh; Jan

Ala.&VlokHb. 4thwk Jan

Vlckfl.8h.&P.

Ann Arbor
An.WaB.<5!Bal..

Ark. Midland...

Atoh.T.&8.Fe.

Atlanta & Char.

AtLKnox.&No
Atlanta&W.P..
At.VaLVfita&W
An8tln*N'we8t
Balt.&An. 8. L.
Bait.
Bait.

& Lelilgh.
& Ohio..)

B.&O. Bou'w- 5
Bang'r&Aro's'h
B*th<kHam'nde

4thwk Jan

37,000
35,000
28,627

Istwk Feb.
Deotmber.
5.778
November.
16,647
December. 4.7,56,629
October
278.886
i)7 001
January ..
72,036
December
January ..
23,831
November.
33 836
December.
7,646
December.
11,427
January .. 3.995,159
December. 110,458
December.
3,681
January
3,971
. .

Bellefonte Oen.
Brldgton<fe8.R. Novemtier.
.

Bnmsw'h&W'st December.

i8twk Ftb.
December.
letwk
Feb
Bur.C.Rap.&N.
Canadian Pao.. l8twkFeb.
Cent. oIGeoFKia 8twk Feb.

Buff. R'oh.A Pitt

Buffalo

& Bnea.

3,9 4
66,261
96,9»0
66.626
89,734
V?

489,0^10

151,745
65,546
Central N.E.... Deoeinber.
Central of N. J. November. 1,380,266
Central Paolfle. December. 1.475,018
1.762
Cent. Pa. & W.. December.
63,481
Cbarleet'n&Bav December.
1,4B6
Chattan'gaBo.. iBtwkFeb.
245,194
Chee. AOklo.... Istwk Feb.
766,488
Chlo. & Alt.Ry. December.
CMC. Bur. &0.. ueoember. 4.110,375
OhlcA East. 111. letwk Feb 113,839
123,428
Chic. Gt. Weet'u Istwk Feb.
65,670
CMo.Ind.&L... Islwk Feb.
Chlo.MU.&St.P. iBlwkFeb. 712.107
Ohlo.& N'thw'n. December. 3,293.035
113,607
01Uo.Peo.&8t.L. January...
OhlcR'kl.&P. December. 2,194,951
December.
889.753
Ohlo.8t.P.M.<feO
24,470
Ohlo.Ter.Tr.RK Istwk Feb.
January
..
'853,453
Choo.Ok.&Guli
Istwk
Feb.
Oln.N.O.&T.P.
89,882
28,004
Cln.Ports.&Vlr January ..
01.0.0h.&8t.L. istwk Feb. 295,367
48,847
Peo. & East'n Istwk Feb
29,603
01.Lor.& Wheel. Istwk Feb.
Colorado <fe 80. uecember.
387,906
Col.New.&LaQ. December.
16,120
Col.8and'y<feH. stwk Feb.
17,353
Cornwall ALeb. December.
18.034
110.912
Ctunb'l'd Valley December.
Denv.&RloGr.. Istwk Feb. 182,200
Denver&Bo'w'n Movember. 212,528
59.042
Det. &Maotclnac December.
Dnl.&I.Range November. 269,364
Dalath8.8.&Atl iBtwk Feb.
38,438
E.8t.L. ACar.. January ..
13,500
January
..
ElglnJol.&£a8t
iaz.386
December.
Bile
3,187,896
Ev'n8.&In<rpll8 Istwk Feb.
5,016
Evan8v.&T.H. IsiwkFeb.
23,658
nnd.Ft.W.&W. December.
8.465
P».W.&D6n.C.. December. 182,134
FtW.&RloGr.. Istwk Feb.
11,419
ead8.AAU.U.. November.
1,296
<id wk Jan.
Georgia RR
41,845
Geo.Bo. &Fla.. January ..
108,429
aUaVal.G.&N. December
35,598
Gr. Tr'nk 8yRt. letwk Feb.
477.094
Gr. Tr. & W'n 3d wk Jan.
72,658
Det.G.H.&M. 3d wkJan.
23,146
1

I

Great Nonh'n—
Bt. P. M. & M.. January
Bast of Minn. January

..
..

15,399
3^,2<!9

82,184

July

Current

Previoui

Toar.

Tear.

9
83,775
1.341,42
528,941

i

1,396,723 6,5,i7,933 6.936,14
1,331,805 10,408,983 10,199,725
12,347
2,162
12,264
327,302
55,218
269,24>
61,173
1,897
66,928
222,197 9,421,656 8,191,744
711.241 4.738,690 3,967,665
3,772,933 26.465,417 25,511,678
111,911 3,476,964 3,263.228
129,208 4,255,324 4,145,"48
72,708 2,490,601 2,546.796
682,265 26,423.925 26,479,423
3,291,889 22,472,487 22,937,726

139.188

822,968

877,034

1,864,388 14,307.476 13,017,768
794,572 5,840,279 6,892,950

22,986
852,898
743,439
*195,267 2.558,063 1,377.376
87.991 2,968.167 3,123,805
248,722
28,365
215,^66
307,345 10.918,940 10.285,245
49.308 1,474,090 1,416, i 49
32,029 1,192,398 1,2U0,250
372,8.59 2,466,322 2,217.378
17,335
86,936
82,799
19,540
632,999
600,408
23,220
123,860
145,783
101,183
585,471
549,460
171,400 7,093.060 6,288,554
219.161 1,022,899
991,616
52,761
410,961
356,620
419.687 2.503,481 2,662,84 9
43,724 1,506,388 1,582.537
91.460
18.389
92,948
178,626 1,116,036 1,110,097
3,186,215 19,333,938 20,353.815
205,799
230,027
5,638
894,900
26,523
882,392
59,744
68,895
8,425
885,457
150,434 1,078,695
417,751
289,813
7,267
7,079
7,371
1,765
30,949 1,014,500
890,632
109,285
721,462
636,183
30.798
191,634
180,267
463,723 15,448,764 15,421,181
90,723
20,606
628,377
624,737

.

Kan. C.N. W... January ..
Kan. Olty Sou.. December.
K. C. 8ub. Belt. 2d wkDeo.
Lehigh AHad.. January ..
Lehigh Val. RR. December.
Leh. V.Coal Co. December.
L.&W.-B. Coal. October
Lex'gton& East December.
LonglBlandRR. December.
. .

257,657
60,876
624.648
94,935
80,417 3,000.167
80,000 2,193.300
42.022 1,488,705
6,794
31,224
548,754
13,580
96,837 4,015,022
36,117 1,210,427
244,183
35,512
361,574 2.274,861
265.690
9,449
41.914
259,868
2,087,394
1,826,067

4,741
15,142

115,335
42,603
35,455
427,844
10,673
88,814
2.206,440
2,025,286
«471.018 «1 11 9349
30.322
20,158
j

176,190
2,658.4ti0

242.660
632,393
2,877,082
2.259,470
1,497,449
43,601

439,443
8,538,25.5

LosAng.Term.
Lon.H.&8t.L.
Louis. ANashv.
Macon ABlrm..
Manlstlque

[Mexican Cent.
Mexlcanlnter'l.
JMex. National
Mex. Northern.

January..
January
Istwk Feb
January ..
January..
Istwk Feb.
November.
Istwk Feb.
November.
.

tMexloanRy... Wk Jan.26
3dwkJan.
Mexican 80
Mlnne'p.&St.L. Istwk Feb.
M.8t.P.<fe8,St.M Istwk Feb.

Mo.Kan,&Tex. Istwk Feb.

Mo.Pac.&Ir'nM letwk Feb.
CentralBr'oh. Istwk Feb.
letwk Feb.
Total
Mob.Jao.&k.C. WkFeb. 9.
Mobile A Ohio.. January ..
Mont <feMex Q'f December.
NaPh.Ch.&8t.L. January ..

Nevada Central November
N.Y.C.&H. R.. January ..

& W Decern her.
N.Y. Snsq.AW. Deceml)er.
Norfolk & West. Istwk Feb.
North'n Central December.
Northe'n Pao.d. 4thwkJan
IstwkFeb.
Ohio River
Pao. Coast Co... December.
December.
PaclfloMaU
Pennsylvania^. December.
December.
PennA No' w'n.
Pere Marquette ithwk Jan
Phlla, & Erie... December.
Phil. WUm.&B. December.
Pltt8.C.C.&8t.L December.
Pltts.Bee.&L.E. Istwk Feb.
Pitt. Ch.AY'ny. October...
N. Y. Ont.

Pitts.

.

AWest'n., October...

Pltts.Ol.&Tol, October...
Pitts. Pa. & F,
Total system.
Plant 8v stemAla. Midland.
Bruns. & W'n
Chas. & Sav.
Sav.Fla, &W.
811. 8. Oc. & G.

October
iBtwkFeb.
. .

December.
December.
December.
December.
December.

I

j^^

Lateat Bate

1 to

Previoui

Current

^ear.

Tear.

1

Previoua
Tear.

9
99,664

«

S

13,087
7,816
72,^55
56,98"
396,22>»
62.475
376,146
566,905 552,810 17,457,905 17,072,532
66,902
6,069
11,535
45,119
45,914
8.121
7,380
49.0»9
348,730 306,231 110,050,085 10,066,711
493,670 354,672 2,232,119 I, '"83. 299
137,033
123,918 4,436,988 4,346,475
292,302
49,367
37,183
267,342
89,500
96,800 2.442,900 2,529,310
424,407
15,533
18,834
398.897
63.136
44,484 1.979,714 l,7gM,447
2,683,324
80,973
69.59
3,174.589
236,697 9,627,411 8.369,080
283,404
626.00c
505,000 20.023.940 18,420,614
2l.C0(
843,739
16,OO0
837,491
528,000 20.867.679 :19,258.105
54a,00C
84,506
2.644
2,409
65,136
e5S9,600 £542,941 e3,718,300 e 3,651,993
692,151
130.751
103.361
629,008
o706,109 a634,056 04,560,38 O4,226.038
14,022
3,663
3,535
12,786
4.353,571 4,250,319 33,644,424 32,693,499
450,840
411,910 2,551,082 2,678,414
258,662 24.5,339 1.162.130 1,418.138
287,415 247.035 9,.589,382 8,350.992
756,840 664,740 4,016.554 4.085,254
817,569
703.116 20,443,007 19.286.697
2 ,005
938,309
22,116
825,153
389,615 419.882 2,818,101 2,837,532
1,645,830
260,580 350,790
2,016,035
7,816,904 6.617,704 44,754,601 39,773,801
344.145
63,944
66,351
338,729
212,484 168,422 5,064,415 4,487,135
5 1 6.283
445,274 3,190.126 3,176,896
996,603 927,203 5.934,938 5,643,438
1.704,292 1,714,556 9,612,213 9,988,163
19,608 1,636,610 1,310,456
27,557
70,297
18,293
21,166
72,188
758,249
214,463
182,629
699,535
414,668
109,70b
98,441
367,991
205,2621
40.529
38,140
167,623
57,533 2,307,984 2,186.252
57,838
;

3

I

1

104,390
66,261
63,481
496.222
19,647

82,184
62,900
65,218
399,490
15,566

528.941
344,362
327,30i;

2,431,309
103,199

467,703
359,860
269,245
2,062.912
138,674

Reading Co.—
Phil. &, Read. December. 2,552,424 2,365.428 13,976,601 13,741,777
Coal&Ir.Co.. December. 3,096,0-)3 2,568,970 13,922,897 16,656.933
Tot.both Go's, December. 5,648,477 4,934,398 27.898,998 130,398,710
389,340
75,439
368,230
80,578
Bloh.Fr'ksb&P November.
274,420
232.338
52,228
46,481
Rio Grande Jet. November.
347,620
9,464
326,293
Rio Grande 80.. IstwkFeb.
10,016
70,500 2,948,478 2,704,352
Rio Qr'de West. IstwkFeb.
49,700
817,675
93,217
864.519
108,034
Bt. Jos. & Gr. I. January ..
78,676
65.331
11,170
8.500
8t.L.Ken'et&So January ..

& S. Ark.
8t.L.&8anFran.
Bt.L. Southwest
St.L.Van.&T.H
Ban.Ant. &A.P.

November

7,024

IstwkFeb.
IstwkFeb.
January ..
December.
SanFran.&N.P. January ..
B.FePres.&Ph. 4thwk Jan
Sav.Fla.&West. December.
Bher.Shrev.A 80 IstwkFeb.
Sil.8rre.O.&G. December.
80. C.ife Ga.Ext. January ..

1< 0,593

146,160
160,610
268.999
62,943
25,442
495,222
12,869
19,647
23,819

Bo.Haven&E.. Septem'er.

15,605

41,355
6.185,633
4,693,902
1,166,857
1,475,225
631,538
545,481
2,431,309
493,274
103,199
166,142
31,641

84.728
4,947,120
3,838,194
1,170,216
1,290,792
593,261
581,938
2,062,912
272.958
138.674
141,094
17,920

Southern fnd.. 'January ..
34,837
103,808
12,239
Bo.Mlss.A Ark. December.
15,899
Bo.PaclflcCo.ft. December. 6,167,686 5.341,694 35,992,841
Cent. PaoLttc, December. 1,475,018 1,331,805 10,408,983
601,430 520,332 3,325,113
Gal.Har.&S.A December.
829.991
127,5841
Louls'a. West. December.
168,487
Morgan'sL&T December. 829.633 760,01l! 4,078,612
146,501
24,495
N.Y.T.&Mex. December.
26,694
Tex.&N.Orl.. December. 248,488 168,90j 1,268,701
So.Pac.ofCal. December. 1,569,507 1,418,276 9,402,866
426,821
353,536 1,953,639
Bo.P'o.ofArlz. December.
So.Pac.ofN.M December.
226,692 181.963 1,049,220
Southern Ry.... IstwkFeb. 688,658 626,672 20,666,992
St. Louis Dlv. Istwk Feb.
33,202 1,239,991
37,066
963,521
TerreH.&Ind.. January .. 124,029 136,915
824,022
TerreH.APeor. Januarv ..
41.657
44.269
Texas Central. IstwkFeb.
457,411
8.536
16,130
Texas A Paclllo. IstwkFeb. 186,963 154,623 6.870,205
88,600
Tex.S.V.AN.W. January ..
10.280
12,000
Tol.AOhloCent. istwk Feb.
39.857 1,548.351
40,532
723,921
Tol.P.A West... IstwkFeb.
22,226
21,490
Tol. St.
A W. Istwk Feb.
51,416
34,143,

75.968
33,499,058
10,199,785
3,206.854
679,402
8,816,794
168,047
909,545
9.079,360
1,^03,116
983,525
19,301,423
1,187,689
988.004
298,725
262,016
5.501,410
70,098
1.380,295
673.109

Bt. L,

6,245
142,509
112,405
152,297
184,499
60,039
31,676
399.490
8,011
15,566
21.811
6,432

.

U

Union Pao. RR..
23,461,390 20,989,369
SJetsh^^i^n^eS^^^^-'- 3.617,732 3,112,395
IstwkFeb. 319,406 317,256 10,911,903 10.280.'^ 35
W.J'reey<s8ea'e December.
214,374 198,2741 2,089.300 l,88i».906

1,031,421

Wabash

243,119
2,064.473
261.987
290,963

W.V.Cen.APltt. September.
Western of Ala.. December.

141.761
2.600.637

Current

•

80,000 1,155,135 1,089,497
35,000
559,550
529,609
31.600
511,54^
448,521
27,384 1,061,814 1,048,222
32.457
5,530
37,748
16,408
61.230
69.99^
4,142,^66 26,916,616 23,813,482
9.'S9,177
255,396
830,485
32,10d
282.458
252327
381,124
67,90iJ
361,909
133,220
17,892
102,829
14,5.*)5
144,167
93,224
7,274
10,966
79,485
82,348
3.550,011 27,551,535 24,72 J,164j
706.545
82,602
609,737
27,633
3,308
28,284
23,95
4.622
25.710
19,293
5,046
19,494
344,362
62,900
3.^9,860
96.565 3,449,488 2,760,386
7l,576
375,246
439,308
81,358 3,126,326 8,203,586
486.000 18.825,042 19,179,74.S
144,705 4,45'>,286 3,86'2,937
369,436
68,496
392,056

1,549,423 1,597,860 13,957,277 14.720,191
203,212 173,822 2,477,766 2,262,835

80,234
114.056
81,447
77,500
43,186

itr^.u,^^
wee/tor lu^.

•

Montana Cen January .. 175,314 213,611 1,253,174 1.343,057
Tot.By8tem. January .. 1,927,949 1,984,993 17.688,217 18,326,083
Hooking Valley letwk Feb.
83,744
81,292 2,887,86=> 2,58.5,726
HoaB.&Tex.Oen December. 529,041 878,327 2.799,571 2,293,275
nilnolBOentral. January .. 3.064.711 2.912,379 21,521,411 19,293,343
Illinois Bouth'n December.
8,550
59,985
Ind. ni.&Iowa. December.
In.*Gt.N'rth'n Istwk Feb.
llnteroo. (Mex.) Wk Jan. 26
lova Central. Istwk Feb.
Iron Railway... January ..
Kanaw'aAiMloh letwk Feb.
K.O.F.So'tt&M. Istwk Feb.
K.G.Mem. 4c Blr. Istwk Feb.

Mo

Jaly

Qrou Baminga.

BOADB,

94,635
1,323,199
467,703

I

Ind.Deo. <teWe8t October...

Lateat

1 to Lateat Date

1«*^^ F«^WlsoonslnCentl Istwk Feb.
Wrlghtsv.&T'n. December.!
Yazoo AMlss. V. January

^Tv'.C. A 80

\

'

.

York8onthem..'Deoemi>er.'

95,328
80.183
*8,969
84,930
15,829
550,358
7.314

86,511
67.889

286,536
416.480

48,696
79,724
16,157
500,652
7.118

3,235.513
89,s2S
3,737.380
49.325

1,932,308

-54,601

375,363
1,601,975
3.498,977
89,900
3,4a8.102
47.I87

Figures for January are for the railroad only, t Mexican currency, i Covers results of Unes directly operaioa east of Pltuttaru.
Includes Ohesape^Ke A Ohio 80'western, Ohio Valley and Chicago and Texas for both years.
a Includes Paducah A Memphis Division from July 1 In both years.
6 Does not Include the Austin A Northwestern, the San Antoulo A Aransas Pass or HooBton A Texas Central systam
• Results on Montgomery Division are Included in both years.
d Inolades St. Paul A Oaluth from JtUy 1, 1900.
e Anthracite coal miners strike this year.
*

t

..
..

-

.

THE CHRONICLE.

334
Totals for Fiscal Year.

1st

In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
still have their own fiscal years.
brought together in the following.
Latest Oross Earnings.

Roads.

Atlanta & Charlotte Atr Line.
Burlington Cedar Rap. & No.
Central of New Jersey
Chicago & North -Western....

Current

Previous

Tear.

Tear.

Apr. 1 to Oct.
Jan. 1 to Feb.
Jan. 1 to Nov.
June 1 to Dec.
Apr. 1 to Dec.
Jan. Ito Dec.

RR

Dec. Ito Dec.
Lehigh Valley Coal
Lehigh & Wilkesharre Coal.. Jan. I to Oct.
Manistique
Jan. Ito Jan.
Jan. Ito Feb.
Mexican Central
Mexican International
Jan. Ito Nov.
Mexican National
Jan. Ito Feb.
Mexican Railway
Jan. Ito Jam
Mexican Southern
Apr. Ito Jam
Jan. Ito Feb.
Jan. Ito Feb.
Monterey &; Mexican Gulf.... Jan. Ito Dec.
Korthem Central
Jan. 1 to Dec.
Ohio River
Jan. 1 to Feb.
Pacific Mail
May Ito Dec.
Pennsylvania
Jan. Ito Dec.
Pennsylvania & Northwes'n. Jan. Ito Dec.
Pere Marquette
Jan. Ito Jan.
Philadelphia & Erie
Jan. Ito Dec.
Phila Wiliu'g'n & Baltimore. Nov. Ito Dec.
Pitts. Clncin. Chic. & St. L... Jan. Ito Dec.
Pitts. Bessemer & Lake Erie. Jan. Ito Feb.
You'gh'y.
Pitts. Charters
Jan. 1 to Oct.
Bio Grande J unction
Dec. Ito Nov.

Missouri Pacific
Central Branch

.

Vandalia & Terre H.... Nov. Ito Jan
South Haven <& East era
Jan. Ito Sept.

St. L.

South. Mispouri & Arkansas.. Jan. Ito Dec.
Terre Haute <fe Indianapolis.. Nov. 1 to Jam
Terre Haute & i'eoria
Nov. Ito Jam
Texas &. Pacific
Jam 1 to Feb.
West Jersey* Seashore
Jam 1 to Dec.

1,472,515 1,329,669
442,326
515,741
7
30 13,927.525 13,707,905
2H,.'S73,027
31 26.160,6.59
31 19,864,753 17,914,588
31 10,342.000 10,488.314
31 1,185,336
677,775
960,233
31 1,052.378
:ilO,871
190,700
7
13,.'i00
13,389
31
31 1,807,090 1,610,853
396,393
384,441
31
458,961
491,186
7
31 2,206,440 2,087,394
31 2,025,286 1,826,067
31 7,623,768 7.105,657
8,121
31
7,380
7 1,806,182 1,834,080
3(
4,904,145 4,159.091
733,R91
739,056
7
335,2C0
338,100
26
602,559
659,439
21
7 3,290,940 2,894,959
114,921
112,618
7
31 1,389,854 l,'26f),380
31 7,845,448 7,233,448
121,035
122,537
7
31 2,224,281 2,575,388
31 85,575,912 72,922,712
670,240
701,577
81
554,363
634,309
31
31
5,824.635 5,348,038
31 1,961,062 1,911,162
31 18,99.5,728 18,104,423
155,705
128,989
7
31
154.009
165,089
5!S8,679
439,341
30
31
476,985
476,817
30
52,160
33,898
130,666
31
184.846
411,162
390,201
31
31
121,860
139.940
7 1,204,546
941,252
31 8,490,358 3,114,158

31

table which
follows we sum up separately the earnings for the latest
week. The table covers the first week of February and
shows 6*39 per cent increase in the aggregate over the
same week last year.

Latest Gross Earnings by

we«k of February.

Weeks.— In the

1901.

9

Alabama Gt. Sonthern.

Ann Arbor................
Buflalo Roch. A PlttBb'g.
BnrL Ced. Rap. & North.

Canadian

Pacific.

Central of Georgia
Chattanooga Southern. .

Chesapeake & Ohio
Chicago & East. Illlnola.
Ohio. Great Western
Chlc.Indlan'lis & Loulsv
Chicago Mllw. & 8t. Paul
Ohio. Term. Transfer...
Oln. N. O. & Texas Pac.
Olev.Oln.Chlo. &8t. L..
Peoria & Eastern
Olev. Lorain

&

Wheel'g..

Col. Sandusky & Hock'g.
Denver & Rio Grande...

Duluth So. Shore & Atl.
Byansv. A IndlanapoUs.
Bvansv. & Terre Haute.
Pt. Worth & Rio Grande
Brand Trunk
)
Grtind Trunk Western >
Det. Gr.Hav. & Milw. >
Hooking Valley

Intem'l & Gt. Northern..
Iowa Central
Kanawha <fc Miohigan...

Kan. City Ft. 8. & Mem..
Kan. City Mem. & Blrm.
Lonlsvllle

&

Nashville

..

Mexican Central.........
Mexican National...
Minneapolis

&

44.983
28,627
96,980
89.734
489,000
161,745
1,486
245,194
113,839
123,428
65,670
712,107
24.470
89.882
295,367
48.847
29.608
17,353
182,200
38.438
5,016
23,658
11,419

Sherman Shreve. &

So...

Southern Railway
St. Louis Div
Texas Central ..... ......
Xexas & Paolflc, ........
Toledo & Ohio Central...

Decrease.

9

415
8.376
3,000
7,040
...»

-

411

22,997
1,928

5.780
7,038

29,842
1,484
1,891
11,978

461
*•• •»•<
-

•

-...

2,426
2,187

10,800
5,28"6

5,638

622

26,523

2,865

463,723

18,371

21,490
51,416
319,406
48,969
84.980

22,226
34,143
317,256
48,696
79,724

8,222,202

7,728,170

& West
•Vabash
Wheeling & Lake Erie. >
Olevel'd Canton & So i
visconsin Central

Total (62 roads)
(6

39

Increase.

Decrease.

$

Toledo Peoria AWest'n.

736
17,273
2,150

273
6,256

571,002

76,970

494,032!

p. o.^.

For the fourth week of January our final statement covera
and shows 9 11 per cent increase in the aggregate

over the same
4:lh

week

83,744
81,447
43,186
15,142
115,335
42,603
566,905
348.730
137,033

81,292
80,417
42,022
13,680
96,837
36,117
652,810
306.231
123,918
44,484
80,973
236.697
505,000
21.000
2.409
247,035
21,005
120,477
19,608
57,533
9.464
70,500
142.509
112,405
8,011
626,672
33,202
8,536
164.623
39,857

2.452
1,030
1,164
1,562
18,498
6,486
14,095
42,499
13,115
18,652
••• --.
47,707
21,000

of

week

ii.sso
.... --

5,000

• a**

236
40,380
1,110
20,830
7,949

305
552
20,800
28.084
33,755
4.858
61,986
3,854
7,584
32,340

675

•••••*>•
•••«••••

last year.

January.

1901.

1900.

9

S

Increase.

9

Preylously rep'd(ei r'da) 13,592,959 12,343,971
Ala. N. 0.& Tex. Pac—
NewOrl. & No. East...
67,000
80.000
Ala. & Vicksburg
37.000
35,000
Vicks. 8h. &Pao
35,000
31,500
Cln. N. 0. & Tex. Paciflo.
157.590
168,407
Interooeanio (Mex.)
77.500
80 000
Mexican Railway
89,500
96,800
fl)

Grande

We stem
& Phoentx.

120.000
25,442

Santa Fe Pres.

Total (69 roads)
tfetlnorease i9*ll p.

1,332,913

Decrease.

9
83,925
13,000

2.000
3,500
........

148,600
31,676

...«...

14,201,991 13,015,854

1,333.413
1,186,187

0.)...

>>••••»•

10,817
2,500
7,300
28,600
6,234

152,276

Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week.
full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of January 26,
1901.
The next will appear in the issue of Feb. 33, 1901.

A

.

Oross Earnings.
Current Previous

Tear.

Roads,
Inn Arhor.b

Tear.

Dec.

169,679

150,010

31
An stln & Nortw'n . b Dec.
July 1 to Dec. 31

1.731,601
33,836

1,665,968

Jam

1 to Dec.

14.655
93,224
Bait. <% Ohio.b
3,550,011
Jam
July Ito Jam 31.. ..27,551,535 24,729;i64
Belief onteCentralb Jan
4,622
3,971
July 1 to Jan. 31..„.
25,710
23,951

& Maine b

144,167
3,995,169

Net Earnings.
Current Previous

..

Tear.

>

Tear.

m
9
76,840
59,366
404,645
461,791
19,347
2,300
62,835
16,782
1,400,582 1,219,836
9,325,412 8,954,268
625
1,986
7,091
8,363

*-

7,776,875 7.716,351 2,141,020 2,532,537
July 1 to Dec. 31.... 16,040.429 15,964,798 4,853,876 5,342.301
Buffalo Gas Co. .
37,253
41.679
134,589
144,976
Oct. 1 to Jam 31
68,496
28,151
Central New Eng. -Dec.
65,546
24,433
392,056
92,965
July 1 to Dec. 31....
369,435
90,935
Central Pacific. b.. Dec. 1,475,018 1,331,805
487,782
347,192
July Ito Dec 31. ...10,408,983 10,199,725 4,327,829 4,350,531
def.85
Central Penn. &*W. Dec.
1,752
2,162
255
12,264 def. 1,703
def.988
July 1 to Dec. 31...
12,347
548.348
159,617
Chic Gt. West'n.b.Dec.
556,666
188,546
July 1 to Dec. 31... 3,604,534 3,493,553 1,169,380 1,252,174
135.841
Ohlc.Ind.&Louls.a.Dec
851,462
336,501
110,853
806,126
867,686
July 1 to Dec. 31... 2,113,198 2,151,157
Oln. Ports. &Va.b..Dec.
32,472
29,534
8,851
9,340
215,718
186,901
61,693
61,025
July 1 to Dec. 31...
349
1,275
FlndlayFt.W.AW.b.Nov.
9,458
10,230
60,156
8,016
8,042
July 1 to Nov. 30...
51,279
i^t. W.& Den. Oil y b.Dec.
182,134
150,434
39,684
36,297
387.019
388,180
Jam 1 to Dec. 31... 1,807,090 1,610,853
tUlaols Centra). a. ..Dec. 3,267,706 2,810,570 1,275,568 1,081,271
July 1 to Dec. 31... 18,456,700 16,380,964 5,413,871 8,522,178
249
8,550
miDois Southprn.a.Dec.
9,831
59.985
July 1 to Dec. 31
Long Island RR.b—
150,058
192,196
Oct. 1 to Dec. 31.... 1,031,342 1,005,095
830,597
833,058
2,658,480 2,600,637
July 1 to Dec. 31
Manhattan Elevated b—
2,526,036 2,507,687 1,185,339 1,178,954
Oct. 1 to Dec. 31
4,415,636 4,420.516 1,838,229 1,812,764
July 1 to Dec. 31
14,037
15,910
7,527
5,971
Bf exlcan Telephone Deo.
130,361
53,206
154,260
69,233
Mar. 1 to Dec. 31....
N. Y. Chic & St. L.b—
424,662
1,903,952 1,966.522
367,297
Oct 1 to Dec. 31
900,241
889,277
July Ito Dec. 31.... 3,709,633 3,757,116
N. Y. N. H. & Hartf ordb—
Oct. Ito Dec. 31. ...10,193,467 10,615.624 3,075,088 3,612,337
July Ito Dec. 31. ...20,582,973 21,309,605 6,834,581 7,968.063
12,803
116,397
105,053
38,940
Dec.
OhloRlver.b
502,218
468,998
Jam Ito Deo. 31.... 1,453,018 1,192,597
74,425
389,615 _ 419,882
73,708
Pacific Coast Co. a. Dec.
850,107
708,957
July Ito Dec. 31.... 2,818,101 2,837,532
111,830
445,274
203,386
516,283
Dec.
Phlla. & Erie.b
Jam 1 to Dec. 31..., 5,324,635 5,348,038 2,146,688 1,726,740
Sonthem Pacific b. Dec. 6,167,686 5,841,694 2,359,704 1,707,566
July 1 to Dec. 31. ...35,992,841 33,499;058 13,880,232 12,942,579
347,192
487,782
Central Pacific. b.Dec 1,475,018 1.331,805
July 1 to Dec. 31. ...10,408,983 10,199,725 4,327,829 4,350,531
143,694
57,136
604,430
520,332
Gal.Har.&SanA.bDec.
848,074
707.844
July 1 to Dec. 31.... 3,325,113 3,206,854
26,803
70,108
158,487
127,584
Louisiana West. b.Dec.
218,471
352,981
829,991
679,402
July Ito Dec. 31
381,933
311,355
760,011
829,633
M'g'n'sLa.&Tex.bDeo.
4,078,612 8,816,794 1,592,463 1,371,511
July 1 to Dec. 31
9,252
9,260
26,694
24,495
N. Y. Tex. & M.b.Dec.
58,736
76,249
146,501
168,047
July Ito Dec. 31....
44,032
94,244
248,488
158,900
Texas & N. Orl.b.Dec
291,981
471,397
909.545
July 1 to Dec. 31.... 1,286,701
525,959
647,818
So. Pac. of Cal. b.Dec. 1,569,507 1,418,276
9,402,866 9,079,360 3,941,274 3,705,899
July Ito Deo. 31
Oct.

1 to Deo. 31....

.

69,693
283,404
526,000
16,000
2,644
257.415
22,115
141,307
27,557
57,838
10,016
49.700
170,593
146,160
12,869
688,658
37,056
16,120
186.963
40,532

Bio Grande Western
Bt. Louis & San Fran....
Bt. Lonls Southwestern.

1,897

222.197
111,911
129,208
72,708
682,265
22.986
87.991
307,34S
49.308
32,02 y
19,540
171,400
43,724

s
6,754
1,243

477,094

63,13t)

Pltteb.BesB. & L. Erie...
Pittsburg & Western
Bio Grande Southern....

9
38,229
27,384
96,565
81.858
486,000
144,705

Increase.

4,152

Loots.

.

1900.

7,267

Mlnn.St.P. &8. Ste.M..
Mo. Kansas & Texas
Mo. Pacific & IronMt...
Central Branch
Mob. Jackson <Sc K. City
orfolk & Western
Ohio River
Pere Marquette

St.

1900.

Tol. St. L.

Boston

l8t

1901.

69 roads,

Ohicafjo Rock Island & Pac.
Chic. St. P. Minn. & Omaha..
Choctaw Okhiiioma <fe Gulf.. Nov. Ito Jam
Jan. Ito Dec.
Cumberland Valley
Duluth South Sho. & Atlantic Jan. 1 to Feb.
East St Louis & Carondelet. Jan. 1 to Jan.
Jan. Ito Dec.
Ft. Worth & Denver City
Gila Valley Globe & North'n. Jan. Ito Dec.
International & Gt. North'n. Jan. Ito Feb.
Dec. Ito Dec.
Lehigh Valley

&

week of February.

Net Increase

Period,

[Vol. LXXII.

Febbuary

THE CHRONICLE.

16. 19(1. J

— Or OSS Eamingt. —
Ourrent

Net Earnings.^—
Ourrent Previous

Previous
Year.

Year,

Year.

335
Latest Gross Earnings.

OBOS8
Eabnimos.

Weekor JIo

Year.

Our'nt
Year.

Year.

:

Road$.

a Netearnlnf^B hereKlven are

353.536

983,525

236,860
1,009,065
144,761
622,430

192,685
793,516
107,341
569,951

122,681
86,364
650,883

50,742
20,747
178,797

54,618
23,664
173,420

1,803,116
181,963

after deduotlnK taxes.

Interest Charges and Sarplns.—The following roads, Id
addition to their gross and net earnings given in the fore
going, also report charges for interest, &o., with the surplus
above or deficit below those charges.
Int., rentals, etc.

.

.

>—Bal. of Net Barn's.

Ourrent

Previous

Ourrent

Year.

Year.

Year.

Previous
Year.

Soads.

& Maine—

Oct. 1 to Dec. 31...
July 1 to Dec. 31...
Cent. New England. Dec.
July 1 to Dec. 31...
LonK Island RR.—
Oct 1 to Dec. 31...
July 1 to Dec. 31...

2,016,997
4,027,281
12.428
74,762

'392,468
*946,105
1,794,767
3,561,375 *1,313.687 *2,154,899
12,517
15,723
11,916
75.278
18,203
15,657

357,022
712,310

307,612 *df.l80864 *df.95,590
*227,538
*286,892
653,467

to Dec. 31...

749,857

757.572

July 1 to Dec. 31...
N. Y. Chic. & 8t. Louis-

1,376,781

1,403,617

*638,045
•856,373

•614,682
•795.747

304,292
604,188

308.923
610,734

*74,8S1
•308,456

•122,299
•286,357

Oct

1

to Dec. SI...
to Dec. 31...

July 1
N. Y. N. H.

&

Worcester & MarroTi December,

1,991,700 *1,304,489 *1, 864, 364
3,948,558 *3,095,170 *4,303,9i4

53,471
22,740
159,156

•14,049

•13,073

def.2,788

924

18,760

14,264

After allowing for other inoome received.

STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such

—

week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
Latest Oross Earnings.

Obosb
Eabninos.

6,399
5,114

69.435

;

67.i29

• Figures from May 1 cover Soranton Railway, Scranton iSc
Plttston,
Soranton A Carbondale and Carbondale Railway.
for November due to loss by lire of jwwer station and
{ Decrease

all of company's cars.
These are results for properties owned.
in December, 1900; road completely tied up for several days.
Strike
t

nearly
i

Street Railway Net Earnings.— The following table givee
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the .same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a month (on the third or the fourth

—

Saturday),

we

bring together

all

the roads furnishing re-

and the latest statement of this kind will be found
In the Chronicle of January 26, 1901.
The next will
appear In the issue of February 23, 1901.
.

—

»#« Our'nt
WeekorMo
j^^^
ar^.T,

,

Oross Earn\ngs.
Ourrent Previous

Jan. 1

.

Net Earnings.—-^
Ourrent Previous

Year.

Year.

Year.

Ry APow Dec

53,000
352,787

47,224
323,425

21,099
168,683

22,242
174,614

157.208
303,233

162,885
310,785

43,103
82,209

.51,812

304,855
794,281

280,735
701,920

102,337
333,367

80,197
262,524

147,021

160,404

47,996

44,437

Oct. 1 to Dec. 31
3,635.939
July 1 to Dec. 31.... 7,081,308
Syracu.se R. T.—
Oct. 1 to Dec. 31
157,962
July 1 to Dec. 31
301,867
34th St Cr'8sfn(N.Y.)bOct 1 to Dec. 31
98,886
Third A.ve. (N. Y.) b—
Oct 1 to Dec. 31
551,735
July 1 to Dec. 31.... 1,118,518
28th & 29th Sts. Cross-

3,565,682
6,903,944

1,936,290
3,826,623

1,807,661
3,524,908

142,706
265,340

72,217
135,630

59,235
116,352

87.862

35,988

38,401

485,366
1,036.079

224,226
490,266

178,252
408,715

49,008

46,921

21.888

12,150

Jitlatita

July 1 to Dec. 31
Central Crosst'n (N. Y.)—
Oct 1 to Dec. 31
July 1 to Dec. 31

Coney Isi. & Br'klyn. b —

Oct

1 to Dec.

July

1

31

to Dec. 31....
Dry Deck East B. & B
Oct 1 to Dec. 31

96,174

b-

St.

Ky.b—

town (N. Y ) b—
Oct 1 to Deo. 31

to Latest

.

Roads.

Metropolitan

latest

54,902'

6,599
6,279

Year.

Hartf.iTd—

Oct 1 to Dec. 31... 2,021,461
July 1 to Dec. 31... 4,033,296
Staten Island KinidTr.50,324
Oct. 1 to Dec. 31...
23,535
To). Peo. & West.. .Jan.
160,037
July 1 to Jan. 31...
•

1

turns,

Manhattan Elevated—
1

Year.

November. 128,f^49 102 .502 1,357,200 1,191 163
Ry
Twin City Rap. Tran. December. 256,819 236,629 2,839,35.5 2,522 793
fTn)on(N: Bettfordt.. December. 20,546 19,010
252,026 228,352
Union Traction Co.
(Anderson. Ind)... January ., 44,529 34,658,
44,529
34,658
United P. & Transp.. December. §2n«. 8, 180
line. 214
J082
United Traction— ) December. 115,759 109,899
1 ,331 .458 1,268,041
Albany City {
United Tract. (Pitta.) December. 167 072 151,608 il,900,403il.688 691
United Tract (Prov.) December. 202,183 176,115 2,360,756 2,020,560

Wllm.<fcN.CaHtleKlec. Decftuiber.

These llKures include thel Fitchburg for both years, but the Port& Rochester in 1900 only.

Oct.

Year.

Toronto

Winnebago Traction. December

lajid

Date.

PreHotu

9

I

b Net earnlDKS here Riven are before dednctlnR taxeo.

Boston

to Lates t

1

Boutbern T&oiQc— (Continued.)
42(!,821
so. Pao. oiArlz.b.Dec.
July 1 to Dec. 31... 1,953,639
226,692
Bo. Pao. of N M.b.Dec.
July 1 to Dec. 31... 1,019,220
Staten Island Rapid Tr.—
118,660
Oct 1 to Deo. 31...
96,292
ToLPeorlaA West. b Jan.
702,431
July 1 to Jan. 31...

*

Jan. 1

\

Prev'us! Current

Dale

Prev'us

Ourrent

PrevUyus

j^^^

Year.

Year.

Interest Charges and Snrplns.— The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o. with the
surplus or deficit above or below those charges.
Int., rentals, etc.
^Bal. of Net Eam'i.^
Current Previous
Ourrent
Previotu
,

$

American

R'ys. Co.J.

&

Mil. Elec.

January .. 48,510 47,061
Atlanta Ry. <b Power. December. 53.000 47,224
Blnghamton St. Ry.. December. 16,633 15,078
Br'klyn Rap.Tr. Co.
December. 978,026 956,823

48,510
594 96ii
182,742

47.061
536.643
166,489

.

Chicago
Oin.

Newp.

& Cov....

"84'366
146",684
9,619
7,151
63,007 60,089
718,357 652,364
40,712
3,737
3.346
28,698
185,455 163,970 2,057,016 1.504,963
141,112 121,886
9,925
8,654
85,677 78,216 822,445
249,445 226,467
l63',527
100,008
7.824
6,988
114,562 109,797 1,302,289 1,230,162
72.100
9,070
3.152
63,204 58,984
194,374 182,923
36.839 35,431
28,740 26,257 343,456 312.942

December
November.

OltyEleo. (Rome.Ga.) December.
Cleveland Electric . December.
Oleve. Palnsv. & E... Dftoember.

OolombuB

October
December.
Dart.& Wport St Ry. December.
Denver City Tram..
December.
Det Rooh. Ro.& L.O. December.
Detroit United
4th wk Jan
Dnlnth-Sup. Tract.
DuluthBt Ry....4 December.
Harrlsbarg Traction. December.
(O.) Ry....
(Pltte.)

.

.

Consol. Tra«.

.

Herkimer Mohawk IIlon&F'kfortEl.Ry. December.
Intemat'l Traction(Buffalo)
December.
Johnstown Pass. Ry. November.
Kingston City Ry
December.
Lehigh Traction
December.
LondonSt. Ry. (Can.) December.
Lorain 8t Railway.. Septem'er.
Lorain <fe Cleveland.. November.
Mass. Eleo. Co.'s
December.
Metro. (Elev.)Ohloago December.
Montreal Street Ry.. December.
Muscatine St. Ry
December.
Newburg St. Ry
December.
New Castle Ti-aotion. December.
New Loniton St. Ry December.
Norfolk Ry. & Light November.
Northern OhloTraot. December.
OgdensbargSt Ry.. December.
Clean St Ry
December.
Omaha & Conn. Blufl
Ry. A Bridge
December.
Philadelphia Comp'y December.
Pottsv'e Union Trao. December.
Railways Co. General December.
Richmond Traction.. December.
.

Sacramento Electaio

•Gas & Ry

4,849

.

j

\

i

4,773

46,212

246,774 228,333 2,697,371 2,449.488
168.777 136,958
15,524 13.070
68.033
66,647
4,817
4,812
111,853 106,516
10,143
9,569
11,043
8.461
72,i42
73,607
8,542
7,829
89.886
86.282
6.618
6,378
440,183 398,374 5.387.043 4,939,395
1,572,548 1,427,512
137,655
147.978 137,682
69.175
61.993
6,689
6.518
97,361
6,450
89,030
6,799
131,892
133,073
8,()98
9,375
61,086
56,189
4,031
8,201
424.180 379,006
129,904 30,104
42f),HS7
362,702
38,395 32,959
21,859
22.134
1,409
1,426
51,880
47,109
4,428
4,069
17,944 17,812i 236,703 214,188
276,301 220,025 2,482,881 1,867,691
142,466
128,983
16,330
174,325
16,803 15,273 205,732

December. 32,826 31,469
Louis Transit
January .. 431, '.'OO 446,086
•..
ton
Scran
Rail way
December. 139.380 154,818
Seattle Electric Co.
November. 99,371 89,353
Southern Ohio Tract December. 24.744 19,576
Staten Island Elec .. December. 13,178 13,036
Terre Haute Elec.Co. November. 21,228 15,172
St.

53,005

373,625
431,200
540,543

330,404
446,086
530,057

294,907
209,645

24d",3V7

.

203,897

—

Year.

Year.

$

S

Year.

Year.
$
10,641

Roads.
Atlanta Ry. «fe Pow.Dec.
July 1 to Dec. 31....

19,129
125,959

11,601
72,975

1,970
42,724

Central Crosst'n (N. Y.)—
Oct 1 to Dec. 31....
July 1 to Dec. 31

27,088
54.176

27,389
54,777

•17,603

67,151
230,658

73,152
204,133

•110,408

•36,003
•115.137

33,319
Metropolitan St Ry.—
Oct 1 to Dec. 31
1,138,467
July 1 to Dec. 31.... 2,267,452
Syracuse Rapid Transit—
Oct 1 to Dec. 31
55.895
July 1 to Dec. 31....
110,229
34th Street CrosstownOct 1 to Dec 31....
14,838
Third Avenue—
Oct 1 to Dec 31
440,824
July 1 to Dec 31
881,648
28th & 29th Sts. CrosstOct 1 to Dec 31
21,529

33,559

•15,436

•11,281

Coney Isl. & Br'klyn—
Oct 1 to Deo. 31....
July

Dry Dock
Oct 1

*

Dec. 31
East B. & B.—
to Dec 31

1 to

After allowing for

otta ar

9

•'31,023

39,526

101.639
•25,833
•44.125

•947,913
1,090,546
•911,515
2,173,683 •1,872,198 •1,703,252

55,082
105,441

•17,862
•26,041

•5,125
•11,883

14,085

•21,400

•24,566

91,517 ' df 210704
183,032 'df.861572

•182,368
•334,541

•

21,216

•421 •def.9,004

Inoome r eoaived.

ANNUAL REPOR-rs.
—

Index. The index to reports published during the last
half of 1900 can be found by referring to the general index
in Chronicle of Dec. 29, where all [references to annual
reports are designated by heavy type.

Boston Elerated Railway.
('Report for the year ending Sept. SO, 1900.
Chairman William A. Gaston, under date of Dec. 31, says
in substance:
Leased Lines.— the usual increase of trafUo upon our leased lines
has taken place and the year has generally been one of prosperity.
We have adopted the nollcy of liberality in the building oi new lines
of surface track at the public demand, even althougu the lines do
not promise an immediate profitable return. In aooordanoe with Uxls

J

.

THE CHRONICLE

33fi
policy

we have built and equipped some 35

and about

.

[Vol. LXXII.

milCB of surface track la

With the operation of the elevated lines there Is
much hoi e thai the necessity for new surface oars and equipment will

Jan. 27

Bof-tou.

Net sales
Otherincome

materially diminish.
Our accounts against our lessor company for the first two years of
the lease have been amicably and satiDfactorily adjusted. Tue West
End Street Railway Co. was authorized on July 25, 1900, by the Railroad GommissioD to issue 15-year 4 per cent bonds with which to pay
our charges for the two years above mentioned. These bonds were
sold and the proceeds, $2,020,517, were paid to us (see West End re-

Addsurpluson Jan.

por', V. 71, p. 1)65).

Adjust, acots. of Nat.

Elevated Structure.— Oa this date all the structure between Roxbury and Charlestown has been erected, except the connection at the
northern teruniius of the subway and the eonneotlon at the southern
end of the subway, which is being rapidly completed. Trains should
be running over this i)ort1on of the elevated structure in May, 1901.
The work on the loop from the corner of Washington ana Castle
streets to the North Union Station via Harrison Ave., Beach St Atlantic Ave. and Commercial St is somewhat more delayed; but a considerable portion of the structure ou this line has been erected and
the work Is now progressing with rapidity. All foundations tor piers
are In and all work and equipment under contract.
While it is believed that all requirements Imposed upon us by the
statute of 1897 will be met before the time therein set has arrived, we
have deemed It wise, in a spirit of caution, to ask the Legislature to
extend that time six months. The character of the structure built
cannot be to-day exceled. On Nov, 14, 1900, we were authorized by
the Railroad Commissioners to build our structure over a route approved by the Board of Abiermen, over Washington St;., Roxbury,
from the Bartlett Street stables, to TowDsend St. This structure, to-

April. 1899, to
Dec. 31, 1900.

85,241

Total net
Cost and expenses

Net

to

Dec. 31. 1900.
$29,673,20t)

$2^,758,4 48
26,919,396

$5'',961,205

$2,839,051
931,309
261, '02

$5,523,230

profits

27,

&

$50,766,615
194,689

1900
Prov. mills

Total net profit

Deduct— Preferred diviaena.

of Nat. & Prov. mills, profits to
outside stockholders
oft" plant values

Prop

45,437,975

$4,031,563
$1,400,000

$-',391,666

25,912
500,00'

25,912
1,OCO,000

$2,105,650

$2,105,650

Charged

$5,523,280

,

Balance Jan.

,

gether with the structure previously autUorized, will exceed the
requirement of 7 miles of elevated structure under the Act of 1897.
Earnings. —The results of op3ratioa8 were giyan on page
1165 of the Chronicle of D^c. 8, The balaacd sheets com-

pare as follows:
1899.
(

$

Common

200,187

receivable

stock

Voucnersandaccts.
Salaries and wages.
Dlv. and coupons...
Rentals unpaid
not due
do
Int. & taxes not due

83,239

Deposit wic h State.. 50U,U00 500,000
Material and other
property
215,429 232,6?6
West End accounts 2,584,628 2,«82,845
342,862 814,862
Miscellaneous

Tickets, ch cks. etc.

West End lease aoc.
West Ji^Qd spec, ace
Damage &oth.t'ds.
Surplus

—V. C9,

Total

15,088,775 9,037,668

30.

1900.
$
10,000,000

Liahilities—

ment, &c
4.157,1321,424,937
Cash
7,088,6a7 3,5«9,160
Bills and accounts

Total

695,720
149,067
30,598
817,9"5
131,825
962.585

1899.

«
5, ,000.000

19^,97

1

Net customers' accounts
Inventories
Surplus wool

5,112,788
13,0^9,578
3,424,480

Total

$62,482,601

—

stock
$29,501,100
Preferred stock
20,000,000
Capital stock of National and Providence mills (2'61 per
cent not yet acquired)
52,200
Unmatured bonds ot National and Providence Mills and

Chase Mills
Current vouchers, etc
Sterling credit on woo'
Balance undivided profits

ll»,&66

44,273
317,975
131,823
879,970
19,970

1,227,208

1, ,227,V0!(

.

1,143,262
401,970

73,754
770,222
265,1)5

405,000
4,912,000
2,082,170
3,424,480
2,105,651

loans....

Total

—V.

$62,482,601

71, p. 1312. 1316.

Diamond Matcli Company.

15,088,775 9,037,668

p. lOiO.

(Report for the year ending Dec,

1

ing expenditures Included $55,000 used In renewing the older cars.
Two large new engines have been put In operation in the power
house, doubling the engine power, which is now 10,000 horsepower.
Thirty new cars have been purchased; $50,000 has been expended for additional copper cable. All these expenditures for improvements and additions are met out of the net Income of the property, without any increase of the bonded debt. No further addiiions
of this character seem to be necessary in the Immediate future.
After n long delay the Apoellate Ooui-c denied the writ of error of
Wells acd otUers, brought against the foreclosure under which our
company holds title.— V. 72, p. 243.

earnings, expenses, chargeg, etc
1900.

,

are given below:

1899.

1898.

1897.

(W moa.)

Passenger earnings. .....$1,249,544 $1,131,404 $944,927 $611,876
Other sources
37,094
38,976
33,403
25,470
Total gross
Operating expenses
of way
Malnt. of rolling stock.

.$1,286,638

Maintenance

.

interest

Dividends
Balance, surplus
Assets—
Materials, etc....

Current assets...

Casb on hand....

$31,610
.54,156
37.^.851
89.4=)0

$22,736
40,627
348,659
10j,380

133,319

33,750
306,765

$1&7,721

$160,026 $273,444 $121,943

1899.

24,158
4,380
4,031
8,173
78,251

16,790
9,056
6,244
5,023
151,526

$11,946,075 $1 1,669,945

we be as successful in holding the trade in the future as In the past,
we shall have use for some of our surplus earnings to Increase our
output In order to keep up with the demands made upon us. I think,
therefore, that it will be the policy of tne company to make gome extensions of

its

in England has been very satisfactory. The trade of 1899 increasad over that of 18i<8 by 10 per
cent, and the trade of ISO J increased over that of 1899 by 40 per cent.

The English company is now showing good earnings on its common
stock, and will probably soon begin paying dividends on it. It would
seem possible for the company to take the entire English trade in
time. At the rate ot Increase we are now making, it will not take

many years to accomplish that eud, unless our competitors change
their methods. Our factory there Is now producing quite 40 per cent
more goods than were consumed in the United States at the time of
the organization of our company, twenty years ago. The English
compan.v owns a majority of stock In two factories iujSouth Africa,
one in Port Elizabeth, the other in Cape Town, which are also in successful operation.
Other Factories.—The factory in Peru, In South America, is In
successful and profitable operation. The factory In Glermany Isjiist
starting. All of these fctctories will soon bi adding to ou- income.
The increase of trade on the Pacific coast (with a possible export
trade) will soon prompt our attention, and no doubt warrant the
buiiaing of a factory there. It will also soun be necessary to build a
factory In the Northeast, where the company Is accumulating a large
tract of standing pine, and where the traie Is rapidly changing from
the old-fashioned sulphur match to the parafflue match.
Patents, Etc.— The company has this year acquired foreign and domestic patents for the manufacture of matches which seemed liable to
become competitive. It is therefore seen from these couditions that
the company Is in as good, it not better, shape than it ever has been to
conduct its increasing business.

Comparative statements of earnings and balance sheet

1900.

1899.

$11,946,075 $ 11,669,945

American Woolen Company.
to Dec. 31, 1900. J

President Ayer says in part:
Since the organization of the

company

several of the mill buildings

have been materially enlarged and the equipment of the various mills
has been improved, increased atd readjusted, with a view to concentration of operation, economy of production and Increase of output.
The expenditure for Improvements and permanent additions ot this
character amounts to about $1,750,000, with the result of Increasing
the productive power of the mills about 16 per cent. The plants of
the American Woolen Co. comprise 603 acres ot land and the mill
buildings, principally of stone and brick, contain 5,480.065 square
feet of floor space. The equipment includes 298,980 spindles, 541
sets of cards, 166 combs and 5,410 looms. The phyalcal condition of
the properties is on the whole excellent.
The results for the late fiscal year (Jan. 27 to Dec. 31, 1900),
and for the entire period of the company's existence were as
below:

1899

$2,014,839 $1,513,767
$1,475,000 $1,193,750
259,856

Earnings
Dividends
Depreciation, etc

Balance. Surplus forward

Total surplus

fol-

1*^98

$1,155,997
$1,100,000
31,500

$279,983
820,017

$320,017
500,000

$24,497
275.503

$1,100,000

$820,017

$300,000

balance sheet Die. 31.

•Includesdivldend, taxes and December pay-roll; total reduced to $'iO,000
since date of balance sbeet.— V. 72, p. i43.

(Report for period Jan. 27

plants during this sear.

English Company.— Our progress

1900

LiabUities—

Capital stock .... $10,323,800 $10,823,800
75'>,iii
Funded debt
750,000
Depreciation
5 >,000
15,943
Curr't liabilities..
*224,888
80,861
Reserve
597,386
49J,340

Total

31, 1900.)

President Barber in his report said in part:
General Remarks.— The statement shows the largest net earnings yet attained Is any one year. This has been accomplished without an advance of prices and against an additional costoi our product
of lip. c, due to the advance in the cost of raw material. Should

low:

sheets Dec. 31 showed:
1900.

Accounts receiv.

$97S,33D $637,345

$660,931 $682,386 $515,402
(76.'S)
(69-8)
(572)
$500,449 $295,944 $121,943
33,7fO
22,500
306,672

Costof prop'rty. $11, 734,690 $11,388,975
Cap. stk. owned.
92,390
92,330

Due from agents

$50,754
79,489
297,490
88,4/1
1?3,727

1 06,685
333.113
100,188
163,571

Total
$748,402
P. ot. of op. exp. to earns.
(58 2)
Net earnings ,
$538,233

The balance

$1,170,330

$44,8 45

Conducting trausporta'n
Gen. expenses and taxes.
Loop rental & expenses.

Total

and Investments ($40,235,732, less $1,000,000 charged off)
$39,235,732
Cash
1,670,023
Accounts receivable
$5,587,997
Less amount to anticipate discounts and bad
debts
475,209

Bank

President Carter, at ths annaal meeting, stid, in part:
The passenger traffic for the year 900 shows an Increase of 1-44 per
cent over the traffic for 1899, a very satistaotory result. The operat-

Bond

1901.

Assets
Plant, fixtures

114,:i21

Sonth Side Elevated Bailroid of Chicago.
(Report for year ended Deo. 31, 1900.

The

—

1,

Common

BALANCE SHEET BOSTON ELEVATED RY. SEPT.
1900.

1901

BALANCE SHEET OF JAN.

Liabilities

AssetsConstruction, equip-

1,

1900.
Asset:,—
$
Realest., fact's, etc.. 10,689,269

1899.

18F8.

$

$

10,883.104
455,170
592,017
Matches
979,099
859,8:3
Lumber
1,025,392
683,266
Pine stumpage
882,605
1,193,298
Logs
245,707
271,924
Misc. mer.& raw mat.
129.400
131,900
Miscel. investments
999,791
763,7 82
Accounts receivable.
199.636
93,813
Bills receivable
250,000
250,000
(Jo.'s stock owned....
524,253
305,038
Cash
Totals

1897.

$

8.404.223
560,727
744,183
446,398
1,294.158
206,924
131.900
562,823
50,123

8,083,036
519,553
695,190
398,088
1,263,298
204,840
131.900
646,685
57,323

127,844

178.446

12,529.303

12,178,388

16,380,233

16,028,015

15,000,000

15,000,000 11,000.000 11,000,000
237,885
207,998
294,645
665,000
934,658
300,OCO
820,017
275,503

Liabilities —

Capital stock

280,233
Accounts payable....
BlUi* payable
Surplus and profit... 1,100,000
Totals

-Y.

72, p. 283.

16,380,233

16,028,015

12,529,303

12,178,388

FEBRgARY

THE CHRONICLE.

1901. J

16

North American Company.
(Balance Hheet Feb.
Afuclg

—

I

$2,256,426
899,743
Bills Aacotsreceiv...
x4,3nl 015
Stocks
1,-50.000
Btks. (lue'under oont't
2.679,516
Good-wlll.coutra'B,&c

—

Capital stock

Cash

$11,936,700

<

Total

$11,936,700

X tnoludpfl $5,224 Milwaukee Electric Ry. & Light Co. preferred
stock and .«3,494,991 of Its coramou stock; alBO $!J50,800 Cincinnati
Edison Electric Co. stock. -V. 72, p. 187.
People's Gas Light & Coke Co.
Report
for year ended Dec, 31, 1900. J
f
Prpsident Billings, at the annnal meeting, said in part
"The year has been a prosperous one, for while the company h£8 been subjected to much annoyance from those
whose motives we do not care to impugn, it has steadily
grown both in the good will and the patronage of its customers. As explained in the lagt annual report, the company took advantage during 1899 of the very low figures for
street mains and service pipe which prevailed in that year to
largely extend its mains in new territory. As we then foresaw, the price of pipe coatinnei high during the year 1900,
and consequently the increase in mileage last year was small
by comparison. We show an additional mileage of street
mains in 1900 of about 33 miles, as against about 131 miles
during the previous year. Notwithstanding this comparatively small increase in mileage, we show a gain for the year
of over 25,000 meters and over 19,000 additional gas stoves.
"There has been a considerable increase in the amount of
depreciation charged off. This is largely due to the unusunl
amount of work done in remodeling the plant, introducing
modern appliances, and bringing the property up to a high
standard of excellerce, and at the same time providing facil:

ities for

the distribution of a larger
1900.

The company was organized Jan. 26, 1899, and acquired
interests in various comranies, the portions of whose earnings represented by such interests from the date of acquisition to Dec. 31, 1900, amounttd to $3,218,018. This hum is
apportioned to the fiscal years 1899-00 and 19ii0 01 of th»
Rubber Goods Co. as follows
1900-01.
1899-00.
ToIjI.
Net earnings of properties
b$l,>=0S,596 a $1,409 422 c $3,218,018
acquired
714,485
557,298
Less earnings reserved
1,271,783
:

\

$11,9J6,700

Total

lOoi.J

1,

Liabilitie/i

amount

1899.

of gas."

1898.

1897.
Sales of manufact'd
gas (cubic feet)... 7425979693 6879419988 6114587380 5795124208
Gross receipts
$9,090,337 $8,09P,320 $7,265,526 $"',125,439
Oper. expenses
4,447,787
3,813,038
3,795,301
3,688,976

Rec'ved by Rubber Goods Co.$l,094, 10
c 324,303
Deductions

Netlncome

464,409

584,175

Total
$2,441,475 $2,321,709 $1,842,300
Bal. for dividends.. $2,201,075 $1,961,573 $1,627,925
Dividend, 6 p.
1,720,128
1,720,128 6 per cent.

Surplus for year

$241,445

$480,947

BALANCE SHEET DEC.
Asset»—
Real eat., franch's.,

1900
t

tun'ls., malu8,etc.66,421

Materials

817 65,420,660
89
467,1
.GUI

'1,475:.956
Securities!
Accis. receivable..
1^6, 174
Bond coup, (leoos's 352, 174
Gas bills recelv.... «04 ,048

City of Chicago....
Cash;

Total
•

12.,696

468 ,828

,P55
1,476,!

aoo,7
,3(M
854,3
889,6
,422
40.4
19il,2
.269
J

(?)

1900.

1899.
$
,30,000,000 ."JO.Or 0,000

$

Mortgage bonds..
Gas bills deposits.

34,4fl6,C00 34,49fl,000

69,C69

Accts. payable
344.304
Coupons past due
354.2-fO
Bills payable
700,000
Bond int. accrued. . 217,868
Surplus
.
4,130,621
.

77.819
348,386
365,990

.

Total

.70,311,983 69.145,628

NOTB.—The

6 per cent.

(?)

LinhiHties Capital stock

4i'n ,4

$ .,=.94,163

31.

18P9.

«

$1,«42,300

217.858
3,649,574

70,311,983 69,145,628

owned

as above, consist of miscellaneous
bonds, $114,1528; (ireen Street propertv, $i0,2<i7; 13,312 shares of capital stock
of People's Gas Light & Coke Co.. $1,381,200.
securities, $1,475,956,

MAINS, ETC. (INCLODINO

HYDE PARK AND MUTUAL
1900.
1,729

Miles street mains

Number meters

300.077
24,980

Public lamps

-V.

FUEL), DEC. 31.
1899.
1898.

1,705%
274,601
25,121

1.584ifl

230,293
28,023

72, p. 91.

$8=12,124

$1946,2^6

53,686

377,989

$l,f68.246
$769,808
$798,438
(7%)541,180 (5i4%)340,770 (12>4'?i:,)&81,950
(3%)472,233
(3%)472,233

Preferred dividend

Common

dividend

Balance
Earnings rfserved
Surplus of previous year

def.

$243,605
714,486

$457,668
557,298

1,271,783

$1,014,965

$l,4fe5.846

$214,063

1,014,965

$1,485,846

Surplus

a From date of acquisition to Nov. 1, 1899. b From Nov. 1, 1899,
This item Includes simply expenses
to Dec. 31, 1900. 14 months.
and an amount understood to be about .$200 000 paid on agreement.
<•,

BALANCE SHEET OF FEB.
Assets—

1.

1801.

Cash
Accounts receivable
Net earns., prop, acquired, less am'ts
Investments
Total

$425,746
45,585

1900.

1,271,784
25,141,149

$318,247
765,590
557,297
22,129,732

$26,884,264

$^3,770,866

$16,941,700
8,051,40O
405,317
1,485,847

$15,134,600
7,621,300

$26,884,264

$23,770.86^

rec'd.

Liabltities -

Common

stock
Preferred K took
Deposits by companies
Surplus

Total

1,014,968

Percy Chubb having resigned as director, was succeeded
at the annual meeting on Monday by Charles ]\I. Bull, of L.
W. Minford & Co. The date of holding the annnal meeting
was changed from the second Tuesday in February to the
second Tuesday in April,— V. 71, p. 438.

GENERAL INVESTMENT NEWS.

Net earnings
$4,642,550 $4,283,282 $3,470,225 $3,436,463
lEterest on bonds...
1,857,300
1,857,300
1,842,300
1,842,300
Depreciation

b37

RAILBOADS. INCLUDINe STBEET B0AD8.
Atlanta Railway & Power {lo.— Electric Lighting Franchise.— The City Council of Atlanta, on Feb. 5, voted unanimously to grant the company a franchise for electric lighting, but later voted to consider the matter further at a
meeting next week. If then approved, the ordinance must
be acted upon by the Board of Aldermen. V. 71, p. 1066.
Atlanta Rapid TransitCo.—Siaius.— Secretary and Treasurer H. M. Atkinson writes as follows
Our system built under franchises granted ns by the city of Atlanta
during the year 1h99 Is practically completed. Our line to North Atlanta and the Exposition Park has been in operation since October,
our line to the city of Decatur has been In operation for about a week
and our line through South Atlanta, terminating at Lakewood, la
nearly completed, and will be in operation in a few weeks. The construction of our Hunter Street line to Qrant Park under franchise
granted in December, 1900, has been temporarily stopped by an injunction obtained by the Atlanta Railway & Power Co. This is the last of
many injunctions brought against us by the opposition street railroad,
peotle. rhey have been defeated in all their other injanotlon suits,
and we are confident that they will be in this one.
Our business is growing daily, and our gross receipts have already
reached a most satisfactory figure. The number of miles of track
which we have completed is 3116 miles; of this we have aotually in
operation at the present time 27 miles, includlne the Atlanta Electric
Ry. purchased at receiver's sale. All our construction is of the latest
and most improved character and onrlarge amount of double track inside and outside the city enables us to give the best possible service.
Theforty Ave oars that we have ordered will enable us to run under

—

:

Pressed Steel Car Co.
Balance
Sheet Dee. 31, 1900. J
C
very frequent headway.— V. 71, p. 1012.
President F. N. Hoffstot in a circular to the stockholders
Baltimore & Leliigli Yij.— Consolidation. ~^e Maryland
(see page 343) submits the following balance sheet, as pre- & Pennsylvania RR. below.— V. 72, p. 183.
pared by the Audit; Company of New York:
Baltimore & Ohio RR.— Pztrpose of Netv Bond Issue.
BALANCE SHEET DEC. 31, 1900.
With reference to the "construction, improvements and adAsseti—
Liabilities—
ditions" to which the proceeds of the 115,000,000 new bonds
Properties & franoh'8.$22,650,000 Capital stock
$25,000 000
described last week are to be applied, President Cowen says:
Cost of MoKee's Rocks
McKee's Rocks plant 4
plant
1,581,580
235,000 ''The bulk of the work is now under way, and includes secP.O. mtge.,due 1909.
Additions & ImproveCurrent liabilities, inond and third track, lowering of grades, building of cut-ofifs,
m'nts to other plants
555,702
olurtinK'accru'd divs.
and
some |8,000,000 to |9,000,000 of new eqnipment. There
Dies and patterns
i:72,082
for one quarter
5.064,835
Accounts receivable.. 1,915,768 Surplus Jan. 1,$1, 362,will also be additional equipment ordered." The physical
Materials on hand.... 4,922,953
104; I'm which deduct
condition of the lines west of the Ohio River, and particuCash
214,035
com. 8t'ckdiv8.,$7f)0,larly the Chicago and Southwestern divisions, is being greatly
OOU; add pro tit for the
improved.- V. 72, p. 282.
year, $'2,075,181; dediiitpref. dividends,
Boston &; Maine RR.—(?'/ar<fWy.— Earnings for the quar1,812,285
$875,000
ter and the six months ending Dec. 31 were:

—

Total

$32,112,120

Total

$32,112,120

Nothing, it is stated, has been added for the appreciation
of the company's real estate, and nothing has been deducted
for depreciatioa of plants, because all expenses for maintenance of tools and dies are charged to operating expenses.—
V. 73, p. 286, 187.

Rubber Goods Manufacturing Company.
t" Report for the year ended Jan. 31, 1901. J
President Charles Stewart Smith says in part:
The negotiations and arrangements for extending the buslne.'ia

3 mos. end.

Balance,

Gross
earnings.
$7,77b-,875
6,583,847

Net
earnings.

Other
income.

$2,141,6^0
1,842,807

$268,444
182,002

$2,016,996
1,409,416

(342,467
615,363

6 mos.
1900... .$1(S.040,429
1899...
11,747,891

$4,853,876
4,003,376

$487,092
319,199

$4,027,281
2,803,747

$1,313,687
1,518,828

Dec. 31.

1900...

1899

..

.

Interest,
taxes, etc.

nirplus.

The operations of the Fitchburg and the Portland &
Rochester railroads are included in the current but not in
the earlier year.— V. 71, p. 963.

Brooklyn Rapid Transit Co.—Ust^'i.—Th^ New York
Stock Exchange has listed the jilO 474,000 Nassau Electric
of
the oompjiny have been satisfactorily coniidett^d and, it is contldently RR. consolidated mortgage guaranteed 4 per cent gold bonds
believed, have sTen^'hened the position of th(< company. The com- of 1951.— See V.
72, p. 240.
pany Is manufacturing many varieties of goods constantly in growing
Canada Southern Rj.— Listed.— The New York Stock Exdemand, sp that it Is not dependent upon any one class of product to
maintain Its forces active.
change has listed $80,000 additional first mortgage 58 of

—

:

—

—

THE CHRONICLE.

338

1908 and $900,000 additional second mortgage 53
making the total amount of first mortgage bonds

[Vol. LXXII.

of 1913,
listed to
date $14,000,000 and of second mortgage bonds |6,000,000.
Of the $80,000 first mortgage bonds just listed $75,000
have been recently sold to pay for a second track and a second track bridge over Grand River at Cayuga. The proceeds of the $900,000 second mortgage bonds have been or
are to be expended for the construction of second track and
for other additions to the proparty of the company. V. 71,
p. 1267.

rado and its large increase in the output of the precious
metals has attracted the attention of investors and capitalists, among them George J. Gould, who has purchased an
important interest in the company, and who will, on Thursday, enter its directory for the purpose of participating in
the management of the property and in the further development of Colorado, with which he has long been personally identified. The policy that has heretofore governed
the management will continue, not only in relation to the public and the State at large, but with all connecting lines with

Canadian Northern Ry.— Lease of Northern Pacific Lines.
press despatch fom Winnipeg reports the details of a
contract signed with the company by Premier Roblin on
behalf of the Provincial Government by which the latter
sub-leases to the Canadian Northern, with the right to purchase, 354 miles of Northern Pacific branches in Manitoba.
The dispatch says

which it has heretofore had commercial relations."
On Thursday Mr. Gould was accordingly elected a director.
The present directors of the Denver & Rio Grande are:
George Coppell. Richard T. Wilsm, John Lowber Welsh of
Philadelphia, Senator Edward O. Wolcott of Colorado,
Jacob H. Schiflf, William Mertens, Edward T, Jeffery,
Arthur Coppell and J. Edward Simmons.— V. 72, p. 136.
Detroit United Rj.— Sale of Control.— Kenrj A. Everett
and E. W. Moore of Cleveland and their associates have pur-

—

—A

The Government has leased for 999 years from the Northern Pacific
By. Co. its Manitoba branches at the following rental: First ten years,
$210,000 annually; seTOnii ten years. $225, oOO; third ten years. $275.000; thereafter $'300,000. with the option of purchase at $7,000,000.
This would make 4 per cent on a capitalization of $20,000 per mile.
These lines are turned over to the Canadian No cthern, which agrees
to complete its line to Port Arthur by next October, and will also coustruct a line from Sprague, on the Rainy River line, to Duluth, to enure a winter rail route for wheat.

Guaranty of Bonds.—The Provincial Government, it is
further stated, undertakes:
(1) To guarantee bonds of the Ontario and Rainy River lines, principal and interest, at 4 per cent, to the extent of $20,000 per mile for
290 miles, a capital liability of $5,8oO,000, with an annual interest
charge of $232,000. (2) To permit an Increase of the bonds on Manitoba lines from $8,000 to $10,000 per mile on all mileage where the
Government has already guaranteed $8,000. In the event of earning.s
being insutttoient to pay operating expenses and bond Interest, the
Government, without any recourse against the company, will make
good such deficiency.

As

all local rates on the company's
Manitoba and all through rates between Port Arthur
and Manitoba points, both on east and west- bound freight,
are to be fixed until 1930 by the Kings Bench Court of Manitoba.—V. 71, p. 235.
Chicago & Eastern Illinois B,B..— Listed.— The New York
Stock Exchange has listed $991,000 additional general consolidated and first mortgage 5 per cent bonds of 1937, making

part of the agreement

lines in

the total

amount

listed to date $12,936,000.

bonds were issued as follows

New road Cypress to .Toppa, TIL.

The additional

:

16'07 miles at $18,000 per
County and duly recorded

mile, running through PulasKl
In the same
New equipment, cost -

—

$289,000
668,000

Prior lien bonds retired— DanvlUe & Grape Creek RR. first
mortgage bonds, $22,000, leaving outstanding $97,000,
and C. & E. I. RB. first mortgage extension bonds, $12,000.

34,000

—V. 72, p. 86.
Chicago General Rj. -Bonds Sold at Auction. At the
Chicago Stock Exchange last week there were sold at auction
to Edward L. Brewster & Co. $108,000 West & South Towns
Railway 6 per cent bonds at 60 and $358,000 Chicago General
Railway 5 per cent bonds at 30. V. 71, p, 1219.
Cincinnati Jaciison & Mackinaw Ej.— Securities Sold.
At the adjourned sale on Wednesday the securities of the
successor companies were sold at auction for account of the
reorganization committee for $1,043,140. See V. 71, p. 1119.
V. 72, p. 241, 86.
Cleveland & Chagrin Falls Electric Rj.—Mortgage.—The
company has made a mortgage to the Dime Savings & Bank-

—

chased the controlling interest in this property recently held
by R. T. Wilson
Co. and their friends. Mr. Moore is
quoted as saying that about $5,000,000 was paid for 71.000
shares, including 20,000 shares acquired a short time before.
Henry A. Everett has been elected President and H. B. Van
Cortland t of New York a director.—V. 72, p. 241, 183.
Great Northern TLj.—New Equipment. The company has
ordered from the Haskell & Barker Car Co. 3,600 box cars
and 3,000 coal cars.— V. 72, p. 184.
Grand Trnnk Ry. New Lease. The company confirms the
report that it has leased the Cincinnati Saginaw & Mackinaw
Ry. for a period of 99 years. The Toledo Saginaw
Muskegon was purchased by the Grand Trunk Railway some six
years ago, and is controlled absolutely byit.— V. 72, p. 241,44.
Hocking Talley Rj.— Listed. -The New York Stock Exchange has listed ^719,000 additional preferred stock, making
the total amount listed to date $13,991,300
also $1,000,000
additional first consolidated mortgage 100 year 43^ per cent
gold bonds of 1999, making the total amount listed to date
$10,254,000. The additional preferred stock was issued to
enable the Middle States Construction Co. to make advances
to the Toledo & Ohio Central Ry. Co. to procure equipment
and make additions and improvements to its propertv, the
proceeds to be used exclusively for such purposes. Of the
total stock of the Toledo & Ohio Central Ry. there remains
to be acquired only $12,099 of pref. stock and $54,577 of common stock. See V, 69, p. 1345; V. 71, p. 863.
The $1,000,000 bonds just listed will be used exclusively
for the following purposes:

&

—

—

&

;

$135,000
Additions and betterments to property
Acquiring additional equipment for which the company has
615,OCO
contracted
For expenditures previously made for such purposes
250,000

—V. 72, p. 282, 87.

Illinois Central RR.— $8,000,000 Stock Pledged.—See Railroad Securities Co. below.— V. 72, p. 282, 241.
Jamestown Chautauqua & Lake Erie Ry.— Consolidation
Bonds.— This company, incorporated in Sept., 1900, has
acquired over 75 per cent of the $250,000 bonds and over 90
per cent of the $475,000 stock of the Jamestown & Chautauqua Ry., and the entire $260,000 stock of the Chautauqua
Steamboat Co., operating 11 steamboats on Chautauqua Lake.
An extension under construction from Mayville to Westfield,
11 miles, is expected to be ready for operation about April 15
next, and a mortgage has been made to the Continental Trust
ing Co., as trustee, to secure 5 per cent $500 bonds.
as trustee, to secure $750,000 fifty year 4
Colnmhas Buckeye Lake & Newark Traction Co.— Co. of New York,
per cent gold bonds. Bertron & Storrs of this city are interPurchased. —This company, incorporated in October, 1899, to
Other facts follow:
build an electric road from Columbus to Newark, O., a dis- ested.
stock authorized, $600,000, all of one kind and all outstanding;
tance of 40 miles, it is said, has obtained the necessary fran- bonds outstanding, $600,000, maturing Jan. 1, 1951, interest payable
chises and has graded 15 miles of its line. Tucker, Anthony J.^. Total mileage on completion of extension to be 41 miles, standgauge. 70-lb. rails. Chautauqua Steamboat bonds, none. The
& Co., of Boston, have purchased the property and the work ard
balance of the Jamestown & Chautauqua Ry. securities are expected
of construction, they say, will be continued at once.
to be acquired. The combined earnings of the properties for the year
Stock, $1,000,000 authorized: issued. $100,000.
Bonds ending uec. 31, 1900, were: Jamestown & Chautauqua Ry., gross,
authorized, $1,000,000, 5 per cent gold, due Sept. 1, 1940. $57,709; Chautauqua Steamboat Co., gross, $58,769; total gross
$116,478; combined net, $34,795; interest charges, $16,750;
The Knickerbocker Trust Co, is mortgage trustee. Presi- earnings.
taxes, $2,939; total charges, $19,689; balance, surplus, $15,106.
dent and Treasurer, Wm. A. Tucker, 53 State Street, Boston,
Jamestown & Chautauqua Ry.—Acquired.— See JamesMass.; Secretary, Frank W, Merrick.—V, 71, p. 602.
town Chautauqua & Lake Erie Ry. V. 68, p. 130.
Colnmhns (0.) Ry. Ordinance Passed and Accepted.
Kansas City Southern Ry.— Mr, Oould Vice-President.—
The City Council of Columbus on Feb. 4 by a vote of 12 to 7 George
J. Gould, it is learned, is now Vice-President of the
passed the Evans ordinance granting the company a new
V. 71, p. 963.
company.—
franchise, providing for 5-cent cash fares, seven tickets for
& Pembroke Ry. Amalgamation. See Ottawa
Kingston
25 cents with transfers until the annual gross receipts are
Western Ry. below. V. 68, p. 927.
Gatineau
and
then
eight
tickets
for
$1,750,000,
25 cents with transfers;
all-night cars, with 10 cent cash fares and transfers for the
Long Island RR.— Quarterly.— 'E&Tninga for the quarter
first five years, after which the fares are to be 5 cents with
and the six months ending Dec. 31 were:
The officers of the company state that they 3 moa. end.
transfers.
Balance,
Interest,
Net
Other
Gross
sur. or def.
taxes, etc.
Earnings. Earnings. Income,
Dee. 31.
will accept the ordinance as soon as they can lawfully do
$28,100 $357,023 def. 180,864
$1,031,342 $150,0o9
so that is when the ordinance has been published ten days 1900
19,826
307,613 def. 95,590
192.196
1,005,095
1899
and the Court, which issued the restraining order in the Ross
6 mos.
1900
$2,658,480 $830,598 $109,251 $712,311 sur. 227,538
case, shall give the necessary permission.— V. 71, p. 543.
653,468 sur. 286,892
833,059
107,301
2,600,637
1899
Delaware & Hudson Co.— Rumored Lease.—The stock of —V. 71, p. 1012.
this company advanced sharply yesterday, and it is currently
Manhattan Ry.— Quarterly. Earnings for the quarter and
rumored the road is to be leased to the New York Central for the six months ending Dec. 31 were:
a guaranty of dividends on the stock.-V. 72, p, 240, 241.
Balance,
Interest,
Other
Net
Oross
months

—

—

—

—

—

—

&

—

—

—

3

Denver & Rio Grande RR.—Mr. Gouli a Director— Presi- end. Dec. 31. earnings.
$2,526,036
dent E. T. Jeffery on Tuesday made the following statement: 1900

"A

controlling interest in the property has not been bought
by any other railway company, nor has its independence as a
Colorado railway been in the slightest degree impaired by
any recent changes that have taken place in the holdings of
dts eecurities. The great prosperity of the State of Colo-

1899
6

months—

2,507,687

earnings.
$1,185,339
1,173,954

income.

$202,563
198,300

taxes, etc.

surplus.

$749,857 $638,045
614,682
757,572

$4,415,636 $1,838,229 $394,955 $1,376,781 $856,373
795,747
1,403,617
386,600
1,812,764
4,420,516
quarterly.—
V. 72,
Dividends of 1 per cent call for $479,997

1900
1899

p. 283, 184.

Februaby

THE CHRONICLE

16, 1901,

Maryland &

RR.— Conrfo/iViafion.— The

Pennsylvania

&
&

the Baltimore
Lehigh RR. on Tuesday approved the consolidation with the York Southern RR.,
Pennsylvania RR. Co,
New Securities.— The Maryland
has the following capitalizatfon
First mortgage 4% 50-year gold bonds (subject'to call at
105 and Int.. at any mt. period, on 60 days notice)
$2,700>O0O
Of which to be Bold, the proceeds, with the proceeds of
the income bonds, to be used to pay for the original
l88ue of 8.5C0 shares of the stotk of the Baltimore A
Lehlfch Ry. Co. ax $70 per share, and Itslfloatlng ;(lebt;
per cent bonds at
$150,000 York Southern RR. Co.
par ana Interest, and its floating debt; expenses of

shareholders

of

;

:

.">

consolidation, commissions, etc
Beseryed to proTlde, at or before maturity, for the retirement of $249,950 York & Peach Bottom RR. Co.
5 per cent bonds
Reserved in trust for future requirements of the oomp'y.
Income gold bonds, 4 per cent cumulative (subject to
call at 100 and interest at any interest period on 60
days notice) all to be sold, proceeds to be used as
above set forth

550,000
250,000
1,900,000

Commonatock

900,000
3,600,000

be exchanged for York Southern RR. Co.
stock, par for par
600,000
To be distributed as a bonus to subscribers to the
first mortgaj<e bonds and Income bonds
725,000
To be reserved in trust for future requirements of the
company (from which, however, bankers' oommlsBions
are to be deducted)
2,275,000
Subscriptions have been received for 5550,000 of the firet
mortgage 4 per cent gold bonds at $900 per bond and $900,000
of the income mortgage bonds at $700 per bond, the bankerft'
syndicate, however, to have the right to sell prior to July 1
for account cf the subscribers the first mortgage bonds at
95 and interest and the income bonds at 75 and interest. The
$725,000 common btock set aside for the underwriting will be
distributed as a bonus pro rata among the subscribers,
subscriber paying $7,000 cash or 100 shares of the Baltimore
Lehigh Ry. Co. stock will therefore receive First
mortgage 4s, $3,423 22; income 4s, $5,600; common stock,
$4,511 11.
Earnings, The combined earnings of the Baltimore
Lehigh Ry. and York Southern RR. companies, operated separately, for year ending June 30, 1900, are reported as fol-

A

to

&

:

—

lows

Nassau Electric RR.— O^ciaZ Statement.— Oa asubsequent
page will be toutd the very full statement just made to the
Stock Exchange in connection with tbe listing on the Exchange of the consolidated mortgage guaranteed four per
cent bonds of lO.'Jl. The bonds were recently offered by the
Guaranty Trust Co, and Messrs. Harvey Fisk & Sons,- V.
72, p. 242.

New Orleans & Northwestern Ry.— So?(i.— This road, extending from Bastrop, La., to Natchez, Mies,, 102 miles, hag
been acquired, it is stated, by the Gould interests, and will
be made a part of the St. Louis Iron Mountain & Southern
system, redncing materially the length of its line between
St. Louis and New Orleans.— V. 67, p. 275.

New York New Haven & Hartford RR.— Quarterly.—
Earnings for the quarter and the six months ending Dec. 31
were:

;

Of which

339

&

$

%

10,193,467
10,615,624

Net
Earnings.
$
3,075,088
3,612,336

249,861
243,726

2,020,459
1,991,698

Balance,
Surplus.
$
l,30i,490
1,864,364

20,582,973
21,309,605

6.834,581
7.968,064

293,883
284,718

4,033 293
3,948,856

3,095,171
4,203,a26

Gross
Earnings.

3 mos. ending
Dec. 31.

(l:

ICOO
1899

Other
Income.

Interest,

Taxes,

etc.

6 monthi—

1900
1699
President

John M. Hall says
The businees for the year 1899 was not only the largest
:

in the history of the road, but also in that of practically every railroad in the
country. The decrease in our earnings for the quarter ended Dec. 31,
1900, has been wholly in the freight department, and simply represents that our business has got bacfc to a normal baf^is. In vi(-w of all
the circumstances, the business for the period is entirely satisfactory.
-V. 72, p. 137,

New York

Ontario

& Western Ry.— Earnings

quarter and the six months ending Dec. 31 were:
Gross
Net
Other
Interest,
3 mos. ending
Dec. 31.

190O
18t9
6 months —
1900
1899

-V.

for

the

Balatiet,

Earnings.
$1,193,227
1,292,602

Earnings.
$376,154
442,291

Income.
$88,167
68,573

$293,912
281,733

$170,409
229,131

$2,551,082
2.678,414

$888, "^29 $154,882
133,506
1,000,335

$579,581
569,980

$463, S30
568,861

Taxes,

etc.

Surplus.

72, p. 137, 87.

New York & Queens County Rj.— Litigation,— The Long
Loan

&

Trust Co., as trustee, has brought suit to
mortgage made in 1885 bj the Long
Island City & Newtown Ry, interest on which it is alNet earnings
$76,021 leged has been in default since 1894. It is claimed that the
Interest charges of Maryland & Pennsylvania RR. Co.
bonds are still a lifn on the road, and that the New York &
$250,000 York & Peach Bottom RR. Co. 58
$12,500
Queens County Ry. Co. as purchaser of the line, which
550,000 Maryland & Pennsylvania RR. Co. 4s
22,000 34,500
extends from the Long Island depot in Long Island City,
Balance over fixed charges of new company
$41,521 through Borden Avenue to Calvary and Lutheran ceme$900,000 income 48
36,000 teries, is liable for the indebtedness.— V. 72, p. 283.
Island

:

Gross earnings
Operating expenses

$237,781
161,760

Surplus

$5,521
are:
President, John Wilson Brown; Vice-President, W. W. Spence; Secretary and Treasurer. John MoHenry. Directors: John Wilson Brown,
W. W. Spence, George C. Jenkins, Alexander Brown. John W. Hall,
Solomon Frank, John K. Cowen of Baltimore, H. E.Young of Hanover, Pa., and Henry C. Niles of York, Pa.
Officers.

'

— OflBcers and directors of the new company

foreclose the $100,000

Northern Pacific Rj.—Listei.—The New York Stock Exchange has listed the$9,215,000 St. Paul- Daluth Division mortgage 4 per cent gold bonds of 1996. The bonds cover, besides
the railroad of the former St. Paul & Daluth RR. Co., the
land grant of that company, which was not covered by the
old mortgages of that corporation. The statement to the
Stock Exchange says:

Metropolitau Street Ry.— ^war^frZi^.— Earnings for the
The title to such lands was vested directly in the Northwestern Imquarter and the six months ending Dec. 31 were:
provement Oo,. which company issued therefor $4,000,000 of debenGross
earnings,

earnings.

$3,635,y39
3,565,682
$7,485,293
7.231,628
72, p. 283, 45.

3 mos. end.
Dec. 31.

1900
1899

Net
$1,H3«,290
1,807,661

Other
income.
$1,'= 0,090
194,400

$1,138,467
1,090,545

$947,913
911,516

$3,959,954
3,707,936

$229,335
272,168

$2,313,867
2,216.202

$1,875,442
1,763,901

Interest,
taxes, etc.

Balance
surplus.

6 mos.

1900
1899

-V,
Metropolitan West Side Elevated TLj.—Dividend De
creased, The company has declared a semi-annual dividend
of 1}4 per cent on its preferred stock, payable Feb. 28, to

—

stocknolders of record Feb.
was paid.— V. 72, p. 134.

18.

In August last 3 per cent

tures to the Northern Pacific Railway Co. These debentures have
been deposited with the Guaranty Trust Co., trustee under the St.
Paul-Duluth Division mortgage, as additional security for the 8t. PaulDulnth Division bonds, under an agreement by which aa the lands are
sold the proceeds are to;be applied to the purchase of St. Paol-Duluth
Division bonds at a price not. exceeding 105 and accrued Interest, or
if bonds eannot be purchased at that price, then to betterments or
additions to the mortgaged premises. As the lands are sold and proceeds applied as above a corresponding amount of the deposited debentures is canceled— V. 72, p. 242, 184.

Northern Pacific Rj.— Lease of Manitoba Lines.— See
Canadian Northern Ry. above.—V. 72, p. 242, 184.

Ottawa Gatineau & Western Rj.— Proposed AmalgamaMissouri Kansas & Texas ILy.— Listed,—The New York tion. A. B. McGovern of Ottawa is asking the Dominion
Stock Exchange has listed $800,000 additional first mortgage Parliament to grant an act empowering the Ottawa & Qati50-year 5 per cent guaranteed gold bonds of the Missouri npau Ry. to change its name to the Ottawa Gatineau &
Kansas & Texas Ry. Co. of Texas, making the total amount Western Ry. and to acquire or amalgamate with the Pontiac
listed to date $3,885,000.
These $200,000 bonds were issued Pacific Junction Ry., Hull Electric Ry., Ottawa & New
on account of 10 miles of road completed on the extension York Ry., Ottawa Interprovincial Bridge Co., Ottawa Elecwhich the company is building from San Marcos to San An- tric Ry. and the Kingston & Pembroke Ry. "Railroad Gatonio, Texas, about 49 miles.— V. 71, p. 1121.
zette."
Missouri Pacifle Rj.— Listed.— The New York Stock ExOttawa & New York Rj.— Amalgamation, See Ottawa
change has listed $2,636,000 additional first collateral mort- Gatineau & Western Ry. above.
gage 5 per cent gold bonds of 1920, making the total amonnt
Pennsylvania Company,— Bowds Offered.— Knhn, Loeb &
listed to date $9,636,000.
The bonds just listed have hereto- Co. will receive subscriptions at 101 and accrued interest
fore been pledged by the company under its 5 per cent "gold for
$10,000,000 of the company's guaranteed 8}^ per cent
funding note trust" indenture, which has been satisfied and trust certificates.
Series "B," principal and interest uncondischarged, and afterwards under its "gold debenture bond" ditionally
guaranteed by the Pennsylvania RR. Co. The
indenture, but have now been released from the last-named
bonds are secured by deposit of $10,000,000 par value of 7
trust by payment to the trustee of said indenture of a sum
per cent guaranteed special stock of the Pittsburg Ft.
of money equal to the withdrawal valuation of said bonds as
Wayne & Chicago Railway Co., having a market value of
fixed in said indenture, and have been sold by the company.
almost double this amount. The subscription books will be
Earnings.— For the 11 months ending Nov. 30:
opened at 10 o'clo3k on Feb. 20, and close at 3 o'clock or
siiasonui pacific ry.
earlier on the same day.
These are the bonds recently pur11
Gross
yet
Balance,
Other
Int., Taxes,
chased
V. 73, p. 242.
by
the
firm
named.
above
Mos.
Earnings.
Earnings. Income. Rentals, etc. Surpliis.
1900
$14,497,077 $4.'.^01,k)00 $691,942 $.i,S32,l25 $1,061,716
Pennsylvania RR.— S^ocfc Bill Signed.— Oa Feb, 9 Gov.
ST. LOUIS IRON MODNTAIN & SOUTHERN RY.
Stone, of Pennsylvania, attached his signature to the meas-

—

—

—

—

1900.

$13,117,853 $5,272,3.'S6 $373,812 '$3,965,629 $1,680,539

Inoludec, in addition to bond Interest and rent.ils: Interest and
exchange, $14,149; sundry amounts paid, $127,721; discount and
premiums, $546,824.- V. 72, p. 283, 87.

Acquisition,— See

low.— V,

New

72, p. 283, 87.

Orleans

&

Northwestern Ry. be-

ure permitting the corporations of the State to increase their
capital stock.— See V, 72, p. 283, 242.
Peoria & Eastern Rj.-Listed.— The New York Stock Exchange has listed $981,5'
Indiana Bloomington & Western
Ry. Co. first mortgage preferred 7 per cent bonds of 1900»
extended to April 1, 1940, at 4 per cent.— V. 69, p. 492.

—

—

THE (IHRONICLE.

34li

Philadelphia & Erie UK.— Earnings.—The earniaga for
the year ecding Dec. 31 were
:

Tear.

1900

Gross.

Net.

$>,824,626
1899.... 5.348,029

income.
$6,682
1.581

Otti.

Inl.,taxes,elc.

Surplus.
$741,3t>9

$1,411,973
$2,146,660
323,222
1,72^,712
1,405.071
From the put plus as above in 1900 $100,000 waa appropriated for the renewal f and and $500,000 for the extraordinary expenditure fund, leaving $141,369 transferred to account
of piofit and loss.— V. 70, p. 532.
..

Bailroad Securities Qq.— 38,000,000 Illinois Centnd Stock
in Trust. Interests understood to be allied with the Chicago
& Alton, Kansas City Southern and Uaion Pacific have ia-

—

corporated this company with $2),000,Ol)0 of authorized capital stock, of which |7, 500,000 is 4 par cent cumulative preferred. Of these authorized issues there are outstanding
$2,000,000 preferred and 13,600,000

which

common.

The company,

organized to acquire and hold the securities of any
railroad or railroads believed to be a good investment, has
already purchased |8, 000,000 of Illinois Central stock. This
stock has been pledged to secure a like amount of 3\{ P^r
-cent 50-year gold bonds dae Jan. 1, 1951, part of an authorized issue of bonds limited to $10,000,000.
is

&

Northern Ooll'tiral
Readiagr Cinni^any.-WUin ngton
Certificates.— Tae company has recently been placing privateNorthern
ly at par and interest $l,300,OOJ of Wltnington
collateral stock 4 per cent trust certificates, guaranteed by
the Reading Company and issued by the Girard Trust Co.
against the deposit with it as trustee of practically the entire
N., which was pur$1,500,000 capital stock of the W.
chased by the Reading in ] 899 -1900 at §40 per $50 ehare. The
certificates have no date of maturity, but are redeemable at
105.
The stock is guaranteed 3 per cent per annum by the
Philadelphia
Reading Railway Co. under a 999 year lease;
the earnings are said to be largely in excess of that amount.
The trust certificates are $1,000 each and their interest is

&

&

&

payable

—

——

Q-M

Collateral Trust 4s for Stock of Central RR. of New Jersey.— The collateral trust 4 per cents to be issued on account
of the recent purchase at 160 of a maiority of the stock of
the Certral Railroad of New Jersey will be for the total authorized sum of $45,000,000. The present issue will be $33,000,000, and the remainder will be reserved to acquire, if at
any time deemed advisable, the minority stock of the Central

Company. The Pennsylvania Company for Insurances on Lives
and Q-rantiog Annuities as trustee will hold as security for
the issue the following collateral
Central RR. of New
:

Jersey §14,500,000 (cost $23,200,000) of the $>7,159,800 outstanding; Perkiomen stock, $1,495,000; Port Reading stock,
$440,000. The new 4 per cents are dated April 1,1901, and
are due April 1. 1951 (interest A.&O.), but are subject to call
on April 1, 1906, or any interest date thereafter, at 105 and
interest, on six months' notice.
They will be offered for sale
at 923^ and interest, as already announced. V. 72, p. 283, 242.
Richmond Fredericksbnrg & Potomac UR.— Negotiations.
See Richmond
Washington Air Line Ry. below. It is
rumored that the roads concerned in the agreement for the
joint use and ownership of the R. F.
P. are the Pennsylvania, Baltimore
Ohio, Atlantic Coast Line, Southern
Railway, Seaboard Air Line and the Chesapeake
Ohio.

—

—

&

&

——

:

[Vol. LXXII.
Interest,

Balance,

taxes, etc.

sur. or def,

Smos.CTid.
Dec. 31.

Oro*s
earnings,

earnings.

Other
income.

1900
1899

$551,735 $224,226
485,366
178,252

$5,894
y5,633

$440,>*24

def.
BUr.

$210,704

91,517

$490,266
408,714

$29,811
10-s,849

$381,648
183,022

def.
sur.

$361,571
334,541

Net

182,368

6 mos.

1900
1899

$1,118,518
I,03t5,079

-V.72,

p. S'^.

New Certificates
St. Louis & Kansas City RR.
Ready.— The Oicott reorganization committee is prepared to
Toledo

exchange for tbe Central Trust Co. certificates for
the preferred and common stock, on presentation thereof at
the office of the Central Trust Co., 54 Wall S reet, the
voting trustee certificates for the preferred and common
stocks of the Toledo St. Louis & Western RR. Co, in the
proportions mentioned in the plan dated June 12, 1900, viz.
For each $100 of preferred stock (having paid assessment
of $20) $75 in new preferred and $20 in nesv common, and
for $100 of common stock (having paid assessment of $12)
$25 in new preferred and $75 in new common. The new
delivt-r in

New York Stock

securities have been listed on the
as below stated.- V. 73, p. 284, 88.

Exchange,

Toledo St. Louis & Western Ry.— Listed. —The New York
Stock Exchange has listed $9,00(t,o00 prior lien mortgage ^%
per cent gold bonds of 1935, $6,500,000 mortgage 50-year 4
per cent gold coupon bonds of 1950, $10,000,000 4 per cent
non cumulative preferred stock voting trust certificates and
$9 995,000 common stock voting trust certificates. V. 72, p.

—

243.

—

Union Pacific R. R. Option to Subscribe to New Bonds.
As already announced, the directors and executive committee,

have authorized the issue of $100,000,000 of "First Lien Convertible 4 per cent gold bonds," to be secured by a first mortgage upon unmortgaged railway belonging to the company
and by the pledge of securities owned by it and held in its
treasury. These bonds will ba;Convertible, at the option of
the holder, on, or at any time before, May Ist, 1906, into common stock at par that is, at the rate of ten shares of stock
ior each bond. All or any of such bonds may be redeemed
by the company at a premium of 2J^ per cent on any interest
day after the first day of May, 1908, upon notice published
in
York and London. In case part of the bonds are redeemed they shall be chosen by lot. The bonds will mature
May 1st, 1911, and bear interest from May Ist, 1901, at the
rate of 4 per cent per annum, payable semi-annually on the
first days of May and November in each year.
Both principal and interest will be payable in gold and free of tax.
For the purpose of providing for the payment for shares of
stock of the Southern Pacific Co. purchased, $40,000,000 of
these bonds are now offered for subscription, and holders of
the common and preferred stock of record Feb. 23d may
subscribe therefor at par at the rate of one bond for every
fifty shares of stock held by them.
Subscriptions must
be made on or before March 20 at the office of the company,
No. 120 Broadway, The issue has been underwritten at par.
See further particulars in advertisement on another page.

—

New

V. 72,

p. 284, 243.

United Railways

&

Electric Co. of

Baltimore.—The

annual report for the year ended Dec. 31, 1900, it is stated,
shows: Gross earnings, $4;431,743, an increase of $206,425;
&
operating expenses, fixed charges, dividend on the preferred
stock, interest on income bonds, taxes, etc $4,342,000; balV. 71, p. 1217.
Bichmond & Washington Air Line Vij. —Cancellation of ance, surplus for year, $90,000.—V. 70, p, 1050.
Charter.- A.i Richmond on Feb. 12 both branches of the VirWestern Maryland RR.— 0#cr. Mayor Hayes of Baltiginia Legislature passed bills canceling the charter granted more is quoted as saying that the syndicate represented by
last session to the Richmond & Washington Air Line.
The Edward Lauterbach offered $5,500,000 for the city's holdings
effect of this action, it is stated, will be to return to John in the road. The offer is under consideration. The Mayor is
Skelton Williams, President of the Seaboard Air Line, his not prepared to say whether or not he favors accepting it.
check and bond aggregating $125,000, and to withdraw the V. 73, p. 138.
request for bids on the State's holdings in the Richmond
Wilmington & Northern 'KR.— Stock in Trust.—^ee ReadFredericksburg & Potomac RR.
ing Co, above.— V. 70, p. 998.
Mr. Williams, in a letter read before the House on Feb. 11,
York Southern RR. Consolidation. See Maryland «fc
stated that his road and others connected with it were conPennsylvania RR. above.— V. 72, p. 284, 185.
sidering a plan to acquire a controlling interest in the Richmond Fredericksburg & Potomac RR.— V. 70, p. 177, 329,

&

,

—

—

INDUSTRIAL. GAS AND MISCELLANEOUS.

882, 481.
St. Lonis Southwestern Ry.— 0#er.— The minority stockholders who have been opposing the Gould administration it
is stated have received an offer for their stock, but have not
as yet accepted it.—V. 72, p. 88.

—

Alabama Consolidated Coal & Iron

Q,o.— Acquisitions.—
reported to have purchased the properties of
the Attalla Iron-Ore Co, for $120,000.— V. 72, p. 134.
American Agricultural Chemical Co. Listed.— The New
York Stock Exchange has listed the $17,044,900 6 per cent
cumulative preferred stock and $16,533,000 common stock.

The company

is

—

Seaboard Air Line Ry. Line to Washington Negotiations.— ^^e Richmond & Washington Air Line Ry. above.
The securities of the Seaboard Air Line have been ex V. 71, p. 600,
tremely active in Baltimore this week at advancing prices, on
American Coal 0,0.— Extra Dividend.— The company has
rumors of impending developments of importance affecting declared a semi-annual dividend of 4 per cent and an extra
the relation of the company to other properties.— V. 72, dividend of 1 per cent, payable March 1 to stockholders of
p. 88.

record Feb,

Seattle Electric Co.— Listed in Boston.—The Boston Stock
Exchange has listed $4,142,000 first mortgage 5 per cent gold
bonds, due in 1930. The interest is payable in Boston and
the bonds are subject to call at a premium of 10 per cent.
The Boston Safe Deposit & Trust Co. is mortgage trustee.—

V.

71, p. 1221.

Southern Pacific 0,0.- Improvements,

tion.— V.

—

that

72, p. 281, 284, 287.

—

Third Avenue RR.— Quarterly. Earnings
six months ending Dec. 31 were:

and the

Offlcers.

— Arthur Brock of Philadelphia has been succeeded aa President by J. H. Sternbergh of Reading, Horace Brock as Treasurer by H. M. M. Richards and W. W. Giobs as Secretary by

CM.

Hallman. The direct irs now are:
H. sternbergh of Reading, Arthur Brock of Philadelphia, Horace
Brock of Lebanon, James Lord of Lebanon, H. IVI. Sternbergh and C.
W. Wllhelm of Eeadine, H. H. Light, H. M. M. Richards, Thos. Evans
and C. M. Hallman of Lebanon, and W. H. Wallace of New York.
Messrs. Evans, Wallace and Hallman succeeded John
J.

It is stated authoriinstead of beginning dividends at present
the new interests in control intend to appropriate considerable sums from earnings for further improvements, heavier
equipment, etc., with a view to reducing the cost of opera

tatively

18.

American Iron & Steel Manufacturing Co.— Neiv

for the quarter

W, W.

Gibbs and H, J. Hayden.— V. 71, p. 180.
American Linseed Co.— Bonds. The company has closed

Brock,

—

negotiations for the floating of $6,000,000 five-year gold notes
Co The Morton Trust Co. is
at 5 per cent, through Blair
the trustee under the mortgage.— V. 71, p. 1121.

&

FflBRUAEY

THE CHRONICLE.

16, 1901. J

American Screw Co.— PZan Approved.— Tke shareholders
on Fe*^. Vi approved the comp*ny'8 plan for changing the
par value of the stock by substituting two and one-half
shares of stock of the par value of $100 each for every
existing share of |'250 par. The proposed conversion simply
increases the total nnmber of shares, bat does not increase)
the outstanding capital stock, v?hich remains at $3,250,000.
The authorized issue will remain at |G,2r)0,000.
Eirnings.—The business of the year I'JOO, it is stated, realmore than $400,000, the present surplus
over all liabilities b^ing more than $750,000.— V. 7 J, p. 380.
ized net profits of

American Smelting & ReHning Co.—Directors R'sign —
H. H. Rogers and Leonard Lewisohn have resignel frotn the
board, because, it is understood, the compiny intends as a result of the penimg consolidation with the Guggenh'^im properties to use their facilities for handling its foreiga business
instead of, as at present, giving it to the United Metalp Selling
Co., with which the aforesaid directors are identified (^ee

United Company V.

Bay State Gas

70, p.

Co. of

284

)— V.

72, p. 185, 138.

—

243, 285.

—

Carnegie Co.— Negotiations. Present indications point
to the probable organization of a new company with large
capital to purchase the properties or a controlling interest in
the stock of practically all the leading steel concerns of the
Central West. The oflScers of the following companies are
reported to have submitted to J. P. Morgan detailed fiaancial
statements which may form the basis for their participation in the new company, if terms are finally agreed upon
CAPITALIZATION OF COMPANIES KEPOETED AS INCLUDED IN
:

NEGOTIATIONS [OOOS Omitted].
Bonds.
Pfd. st'k. Oom. sl'k.
Total.
Carnegie Co
$160,000
$156,800 $316,800
Amerioan Steel & Wire
40,000
50,000
90,000
Federal Steel Co
26,806
53,260
46,484
126,550
National Tube Co
40,000
40,000
80,000
30,f>28
American Bridge Co
30.528
61,056
National Steel
27.000
2,811
32.000
61,811
American Steel Hoop
14.000
19,000
33,000
American Tin Plate
195
18,325
28,000
46,520
American Sheet Steel
26,000
26,000
52,000
Lake Saperlor Con. Iron
28,722
28,722
Total

$189,812 $249,113 $157,534 $896,459
"It is understood that the only important single cash item is between $20,000,000 and $25,000,OUO in cash which Mr. Carnegie is to receive as a part payment for his stock interest in the Carnegie Steel Co. The
balance is to be paid to him in the form of 5 per cent general
mortgage bonds at the rate of $1,500 for each $1,000 in stock.
It is understood that the minority holders of the Carnegie
Steel Co. have not yet been arranged with, but the report is
current that they are to receive 150 per cent of new preferred stock and 150 of new common stock. So far as the
other companies are concerned, the proposition is largely a

blind pool."— V. 72,

:

p. 285, 243.

Central Fireworks Co.— Annual Statement.—At the recent
annual meeting a report was presented for the year 1900,
showing a considerable increase in both gross and net income compared with 1899. The surplus profits at the end
of the late year, it is stated, were $317,011, from which were
paid dividends at the rate of 7 per cent, or $88,704, on the
$1,267,200 of preferred stock and of 2 per cent, or $28,123, on
the $1,406,150 common stock, leaving a balance of $200,184.
The companies controlled are said to be the following:
Oonsolidated Fireworks Co. of America, DetwlUer & Street Flre'WorkB Manufacturing Co.. A. L. Due Fireworks Co.. St. Loula Fire
works Co.. Pain's Fireworks Co. and Scharfenburg Fireworks Manufacturing Co.

Charles G. Street

is

President.—V.

71, p. 184.

Chicago Jnnction Railways & Union Stock Yards Co.—
Boston— The Boston Stock Exchange has listed the
f4,000,000 40 year 4 per cent mortgage and collateral trust
Listed in

refunding bonds, issued for refunding, etc.
Report.—The annual report for the calendar year 1900
shows an increase of $85,826 in gross revenue and a surplus
for the year after payment of;dividends of $152,863, contrasting with $55,667 in 1899. The total receipts of all classes of
live stock during the year very closely approached 15.000,000
•head, their money value approximating $270,000,000.
This
is the largest single year's receipts ever realized. -V. 71,
p. 1219,

Colorado (Bell) Telephone Co.— Increase of Stock.— The
company, it is understooa, is increasing its capital stock from

-V. 70, p 1197.
Columbus & Hocking Coal & Iron Co.— Increase of S^ocA:.
—The shareholders will vote March 11 upon increasing the

$1,800,000 to $2,400,000.

common

stock from $4,700,000 to $7,000,000 and upon the retirement of the $333,499 preferred stock and the issue in
place thereof of ordinary common stock.— V. 72, p. 243.
Colnmba8(0.)Wa8 Light & Heating Co.— Dividends on
CommonStock.— The coaxp&ny has declared a dividend of 3
per cent on common stock payable March 1 to holders of
record Feb. 15, the same amount having been paid Feb. 1,
1901.
In 1900 2 per cent was paid Feb. 1 and 214 per cent

March

15.

-V.

stock has been deferred pending the completion of a plan for
reducing the capital stock.
Commercial Bulletin" says:
The " Journal of Commerce
It is TinderBtood that the plan contemplates the cancellation of the
$1,0C 0,000 of prelerred and $1,000,000 of common htoek now lying
unlssned in the treasury and the Issuance of $3,000,000 of 50-jear 4
per cent oebentures to retire an equal amount of jtreferred stock, the
holders of the remaining 81,000.000 of the preferred stock, it Is understood, heiun unwilling to accept the new scheme. The debentures
are to have a sinking fnnd provision requiring thft purchase of 4 per

&

cent of the issue annually. If thi; new plan is carried oui.the company
have a share capital of $5,000,000, of which $4,000,000 will he
common stock, and a debenture issue as above stated of $3,000,000.—
will

V. 70, p. 948.

Crucible Steel Co. of America.- Lfs^^d.— The New York
Stock Exchange has listed the $25 000,000 7 per cent cumulative preferred stock and $25,0C0,00J common stock.- V. 72,
p. 139.

Denver Gas & Electric Co.— Diindend Passed -Under
date of Feb. 5 the company announces as follows the decision to pass the February dividend
During the past year the city authorities of Denver granted a franchise to an opposition electric-light company and entered Into a
:

Delaware.— -S'uii.—Ia the United

States Circuit Court at Wilmington, Del., on Fdb. 13, the
jury returned a verdict for the defendant in the suit of
Samuel L. Kent, of Philadelphia, against the company, to
recover $1,800,000 for alleged violation of contract. V. 72, p.

The "Iron Age" says

3*i

68, p. 186.

Consolidated Rubber Tire Co.—Dividend Deferred-Reduction of Capital Stock.—The dividend on the preferred

contract with said company for the lighting of the streets of the city.
Although every effort has been and will continue to be put forth to
defeat what our counsel regards as an illegal contract, we nevertheless stand confronted with the possibility that the courts may ultimately decide the contract between the city and the opposition company to be valid and binding. In this latter event the Denver Gas &
Electric Co. must bo prepared to meet a long and bitter contest for
supremacy in the field of commercial and dome atlo electric lighting.
It has therefore been thought best to pass the semi-annual dividend
for February, in order that the company mlgtit be in a stronger position financially to meet the competiiion of tne opposition company.
The claim that the contract above mentioned is illegal is
based on a provision in the city charter forbidding a contract for city lighting for a longer pariod than one year.— V.
70, p. 330.

Development Co. of Cnhi.— Stock Offered.—J. M, Ceballos

& Co. of this city are oif ering at par $250,000 of this company's
August Heckscher

$1,000,000 capital stock.

Dominion Iron & Steel

Co.

is

President.

In Operation.

—The

first

blast furnace was started on Feb. 2. It is expected that the
full battery will be in operation within two months with a
capacity of 1,000 tons of pig iron per day.— V. 72, p. 139.)

—

East Liverpool Bridge Co.— Receiver. At Parkersburg,
Va., on Feb. 2, upon application of W. C. Jutte and the
Union Trust Co. of Pittsburg, the United States Court appointed the Citizens' Guaranty & Trust Co. of Parkersburg
receiver of this bridge company. Foreclosure is pending
under a mortgage dated Jan. 15. 1898, securing $130,000 first
mortgage bonds, and one dated Feb. 15, 1896, securing $70,000
second mortgage bonds. The bridge and approaches extend
from East Liverpool, Ohio, to Chester, W. Va.

W.

Edison Electric Illaminating Co. of Boston.— JVew Stock.
pay the floating debt
and to refund a mortgage on the plant, to increase the capital stock from $4,320,000 to about $5,000,000.—V. 72, p. 188.

—The directors have voted, in order to

Hampton Roads Hotel Co.—-SoZd.— This company's property was sold under foreclosure on Feb. 3 and purchased for
$300,000 by the reorganization committee. The successor
company will be the Old Point Comfort Improvement Co.,
which see below.— V. 72, p. 186.
Hempstead (N.

Y.)

Gas & Electric Light Co.— Mortgage.

— The company has filed a mortgage

securing $150,000 gold
bonds due Feb. 1, 1931, or at the option of the company any
time after ten years from the date of the mortgage. Edward
W. Mealey is President and Henry Steck, Secretary.

Hudson River Bell Telephone Co.—Increase of Stock.—
The shareholders will vote March 7 on a proposed increase in
the capital stock from $3,000,000 to $4,000,000, to provide for
construction and improvements— present and future. V. 72,

—

p. 186.

Mount Vernon-Woodberry Cotton Dnck Co.—Dividend— On Wednesday a dividend of 1 per cent was de-

Earnings.
clared,
1900.

making 3 per cent for the fiscal year ended Dec. 31,
The statement for the year, it is stated, shows Net
:

earnings, $1,113,000; 'fixed charges, $350,000; interest on the
income bonds, $300,000
surplus, applicable to dividends,
$463,000. Three per cent on the $9,500,000 capital stock calls
for $285,000. The company, it is said, will shortly operate
under its new agency agreements, which after March 1 will
result in important economies.— V. 71, p. 845.
;

National Asphalt Co.— Oncers.— The
tors are

announced as follows

officers

and

direc-

:

Officers.— General Greene, President; John Mack, Vice-President;
and A^rthur Sewell, Secretary and Treasurer.
Directors.— F. V. Greene, Avery D. Andrews, August Belmont, John
Mack. Joseph Mack, Robert H. Foerderer, P. A. B. Widener. W. L.
Elklns, George B. Widener, George L. Elklns, W. R. Worthandlke.
Charles B. Alexander and Ellis Wainwrlght, of St. Louis.— V. 72.
p. 286, 244.

Electric Light & Power ( o.— -4cannounced that Messrs. Wilson & Stephens
have bought the Long Island Gas Electric & Water
Co., the Long Island lUumiuating Co. ani the Sabnrban
Electric Co., all operating in and arouni Jamaica and Hemp-

New York & Qaeens

quisition,

— It

is

It is beli-^ved that these properties will be consolidated or closely affiliated in some way with the New York^fe
Qaefns Co., now covering the Borough of Queens —\. 71,

stead.

p. 185.

H^For otber IiiTestiuent

!Vew» •©•Face 343.

:

:

—

THE CHRONICLE.

342

Ijcjrxrrts

fVoL. LXill.

and ^otmntnts.

THE NASSAU ELECTRIC RAILROAD COMPANY.
(BROOKLYN HEIGHTS ER.

CO., LESSEE.)

NEW YORK STOCK EXCHANGE IN CONNECTION WITH THE LISTING OF
THE CONSOLIDATED MORTGAGE GUARANTEED FOUR PER CENT GOLD BONDS.

OFFICIAL STATEMENT TO THE

Brooklyn, N.

The Nassau

Electric Railroad

Y., February

5,

190L

Company hereby makes

ap-

plication to have placed upon the list of the New York Stock
Exchange $15,000,000 Consolidated Mortgage Four per Cent
Gold Bonds, numbered 1 to 15,000 inclusive, each of the par
value of $1,000. These bonds are secured by a Mortgage or
Deed of Trust, constituting a First Lien upon all the property and franchises of the Company, including atteracquired property except as hereinafter stated, dated June
30, 1898, to the Guaranty Trust Company of New York as
Trustee. The bonds are in coupon form, with privilege of
registering the principal, and are payable January 1, 1951.
The interest is payable January 1 and July 1 in each year, at
the rate of Four per Centum per annum. The principal and
interest are payable in gold coin, at the office of the Company or its Financial Agency in the City of New York,
which for the payment of interest is at present the Colonial
Trust Company of New York. The bonds are not subject to
earlier redemption by a Sinking Fund or otherwise.
No
provision has been made for the registration of these bonds

elsewhere than with the Trustee under the Mortgage.
The Company has no Car Trusts.
Of the $15,000,000 par value total authorized issue of bonds
there are issued and outstanding at the present time
$10,474,000 as follows
Issued for retirement and cancellation of underlying
bonds of the Atlantic Avenue Railroad Company, Brooklyn Bath & West End Railroad Company and the Nassau Electric Railroad Company, as provided by Article
III of the Mortgage
$6,474,000
Issued tor the acquisition of the Capital Stoofe of the Atlantic Avenue Railroad Company, the Brooklyn Bath
& West End Railroad Company and United Railroad
Company, and for other consolidation purposes, as provided by Article I of the Mortgage
2,500,000
Issued for the acquisition of the Sea Beach <s Coney Isl-

and and Gravesend Railway companies and additional
equipments and improvements to the property of the
Nassau Electric Railroad Co^ipany
Total

1,900,000

$10,474,000

Reserved to retire and cancel underlying outstanding
bonds (see list below), as provided by Article III of the
Mortgage

4,526,000

Total authorized issue

$15,000,000
$4,526,000 par value of outstanding Prior Lien Bonds,
provision for the retirement and cancellation of which is
made by the terms of the Mortgage, are as follows
Atlantic Avenue Railroad Company
First Consolidated Mortgage, due October 1, 1909
$732,000
General Consolidated Mortgage, due April 1, 1931 (a portion of this issue being subject to redemption at par and
interest on or after October 1,1909)
2,241,000
Improvement Mortgage, due January 1, 1934
220.000
Brooklyn Bath & West End Railroad CompanyFirst Mortgage, Series A, due January 1, 1907, redeemable at any time at par and accrued interest
250,000
First Mortgage, Series B, due January 1, 1917, redeemable at anytime at par and accrued interest
250,000
Second Mortgage, due January 1, 1911, redeemable at
any time at par and accrued interest
52,000
General Mortgage, due October 1,1933
121,000
Nassau Electric Railroad CompanyFirst Mortgage, due April 1,1944
660,000

The

:

Total

$4,626,000

No bonds

additional to those now outstanding caa be
issued under any of said underlying mortgages. Certificate
of the Trustee Is submitted hprewith, showing the retirement and cancellation of fie $6,*474, 000 bondsJ, in exchange

which the Nassau Company's Coosolidated Four Per
Cent Mortgage Gold Bonds have been issued, as above stt
for

forth.

The Nassau Electric Railroad Company is a corporation
organized under the general laws of the State of New York
on March 13, 1893. The Capital Stock is $15,000,000, divided
into 150,000 shares of the par value of $100 each, of which

85,000 shares, or $8,500,000, is Common Stock, and 65,000
shares, or $6,500,000, is Cumulative Four Per Cent Preferred
Stock. At various dates the Nassau Electric Railroad Company has acquired by merger other railroad companies, as

follows
Kings County Electric Railway Company
Merged Aug. 1, 1898
"
Coney Island Fort Hamilton & Brooklyn RR. Co..
"
"
Union Railroad Companv of the City of Brooklyn
"
"
"
Brooklyn Bath & West End Railroad Co. merged
with the Atlantic Ave. RR. Co. Sept. 21, 1898.
Atlantic Avenue Railroad Company, with merged
Brooklyn Bath & West End. Railroad Co
Merged Jan. 26,1899
••
•«
United Railroad Company
"
Coney Island & Gravesend Railway Co. All
stock acquired but not yet merged.
Sea Beach Railway Co. All stock acquired but
not yet merged.
On April 1, 1899, all the railroad property and franchises
of the Company, including its acquired properties, were
leased for one year to the Brooklyn Heights Railroad Company, and at the expiration of the said lease on April 1, 1900,

a new Lease of said property to the Brooklyn Heights Railroad Company was entered into for 999 years. Under the
terms of said lease the Brooklyn Heights Railroad Company
guarantepd the prompt payment of the jjrincipal and interest of the bonded indebtedness secured by Mortgage on
the property leased, the payment of all taxes and operating
expenses, and agrees as additional rental to pay over to the
Nassau Company ail the net earnings of said leased property,
said net earnings being guaranteed by the lessee Company
to be not less than Four per Cent per annum on the $6,500,000 par value of the Lessor's Cumulative Preferred Stock
outstanding. All the common Stock of the Nassau Electric
Railroad Company and all, except $448,000, of the Preferred
Stock are owned by the Brooklyn Rapid Transit Company,
The said Mortgage of $15,000,000 is an absolutely First Lien
on the following property, except as otherwise stated:
Miles (single track) —
66*45 overhead electric railroad, Nassau Electric Railroad Company, subject to $660,000 First Mortgage Five Per Cent
Bonds outstanding.
38*66 overhead electric railroad, former Atlantic Avenue Railroad
Company, subject to $3,193,000 Five per Cent Atlantic
Avenue Railroad Bonds outstanding.
10*92 overhead electric railroad, former Brooklyn Bath & West End
Railroad Company, subject to $673,000 Five per Cent
Brooklyn Bath & West End Railroad Bonds outstanding.
7*18 overhead electric railroad, former United Railroad Company,
free

*6*32

and

clear.

& Gravesend Railfree and clear.
overhead electric railroad. Sea Beach Railway Company
(with private right of way between Bay Ridge and Coney
Island), subject to $650,000 Four per Cent Bonds outoverhead electric railroad. Coney Island

way Company,

*

13*85

standing.

143*38 miles, total mileage.
* Lien secured by ownership of entire Capital Stock, as above stated, and deposited with Trustee of Mortgage.

Various parcels of real estate, with buildings thereon, constituting

power houses, car depots, machine shops, whose assessed valuation
for the year 1900 iB $817,760 (subject to real estate mortgages aggregating $=^2,500, payment of which is provided for).
Various rol Ing stock, cars, motor equipment, tools, machinery,
leaseholds, conduits, feeders, cables, wires, etc.
About 50 miles of franohlaos In public streets in the Borough.of

Brooklyn, not yet built.
The railroad is built of steel rails, maximum weight 94
pounds, minimum 60 pounds. Gauge of track, 4 feet S14
inches.
The various routes are set forth in the copy of the Mortgage accompanying this application, and in the Map trans-

mitted herewith.

The Registrar of the bonds is the Guaranty Trust Company of New York.
Under contracts of August 23, 1897, and September 29,.
1897, between the Trustees of the New York & Brooklyn
Bridge and the Nassau Electric Railroad Company, the

Company secured

the right to operate

its

cars over said

bridge.

Statement of receipts, expenses and net earnings for the
year ending June 30, 1898 (the last fiscal year prior to
the Lease to the Brooklyn Heights Railroad Company), exclusive of the Sea Beach Railway, which was afterwards
fiscal

acquired,

is

as follows

:

$2,117,689 97
1,331,837 99

Receipts

Expenses (including taxes)

$785,851 98

Netearnings
Present interest charges (including Sea Beach Railway

Company)

671,260^00

Surplus net earnings of 1898 over interest charges...

$114,591 98

To which should be added the net earnings of the Sea Beach Railway Company, not then acquired.
Since the Company's Lease to the Brooklyn Heights
Railroad Company no accurate statement of earnings and
expenses is obtainable, inasfuuch as since that date both
receipts and expenses have been merged with those of the
Lessee Company, but the earnings and expenses for the
year ending Dec 31, 1900, of the Brooklyn Heights Railroad Company, which has guaranteed the principal and interest of the Nassau Electric Railroad Company's bonds,

were as follows

:

Receipts

Expenses, including taxes

$11,971,475 69
7,637,.'i07

oo

$4,333,968 69
Netearnings
Fixed Charges, viz.—
Interest on bonds of leased companies. $2,192,196 32
12,500 00
Interest on B'klyn Heights RR. Bonds..
13,920 81
Interest on real estate Mortt;ages
1,586,250 01
Cash rentals to leased companies
3,804.867 14

$529,101 55
Surplus
This surplus of $529,101 55 should really be incieaseti by $701,68842 by reason of the fact that that amount of the interest and rentals
included in the above fixed charges was paid directly to the Brooklyn
Rapid Transit Company or to its constituent companies, whose stock
is all or nearly all owned by the Brooklyn Rapid Transit Company.

February

THE CHRONICLK

16, 1901.]

Of the above net earnings of $4,333,968 69, it Is eBtlm»ted that the
Nassau fiystem contributed at least $935,000. showing a surplus of
about $263,740 over and above all Its fixed charges.
The following is a copy of the Balance Sheet of the Nassau
Electric Railroad Company for November 30, 1900
:

Cost of road and equipment
Treasury bonds

Accounts receivable
Accrued rental, Brooklyn Heights RR. Co
Open accounts
Cash on hand

$30,657,34130

Total

LiabUiiies—

common

Capital Stock,

$8,500,000 00
6,500,000 00
15,000,000 00
53,i:i2 15
32,272 60
198,850 00
49.753 22
323,333 33

preferred

Funded debt
Audited vouchers
Accounts payable
Real estate mortgages

Open accounts
Profit

and

$30,116,41012
27,000 00
52,904 38
173,333 33
286,110 00
l,5H3 47

loss, surplus...^

$30,657,341 30
Nassau
Electric
of
the
Railroad
Directors
The Board of
Company is as follows: A. N. Brady, E. H, Harriman, A..
R. Flower, John E. B»rne, Hugh J. Grant, C. L. Rossiter,
T. S. Williams, N. F. Brady, J. D. Donald.
The Officers of the Company are: A. N. Brady, Chairman
of Board; C. L. Rossiter, President; Hugh J. Grant, VicePresident; T. S. Williams, Vice-President; C. D. Meneely,
Secretary and Treasurer.
Herewith are submitted:
Six copies of this application six copies of the mortgage, one of
which has the Certificate of Record indorsed thereon and certified by
the Trustee to be a true copy; Trustee's Certificate of bonds retired a
sample of the Bond anpUoatlon for the listing of which is hereby
made; Certificate from the Trustee acknowledging acceptance of the
trust and giving the numbers and amounts of the bonds executed in
accordance with the terms of the Mortgage; Certificate from Civil
Engineer stating the actual physical condition of the property at the
Total

;

;

present time

gage

.

;

Map of

Certificate of Counsel as to the legality of the Mort-

the various routes.

Request is made for the immediate listing of the $10,474,000 bonds outstanding, with the privilege of adding additional bonds to the full authorized amount, namely $15,000,000, as the same are issued from time to time in pursuance
with the terms of the Mortgage, upon satisfactory evidence
to be submitted to the Committee of said issue, and of the
retirement and cancellation of the bonds for which they are
substituted.

Respectfully,

THE NASSAU ELECTRIC RAILROAD
By

CO.,
T. S. Williams, Vice-President.

The Committee on Stock Lists recommended that the
above-described $10,474,000 Consolidated Mortgage Guaranteed Four per Cent Gold Coupon Bonds of 1951, for $1,000
each, Nos. 1 to 10,474 inclusive, be admitted to the list.
Adopted by the Ooverning Committee, February 13, 1901.

348

Natural Pood Co. of Niagara Falls.— aforfgragrg.— This
company has made a mortgage to the Colonial Trust Co, of

New York, as trustee, to secure $1,250,000 of 20-year 5 per
cent bonds.— V. 72, p. 91.
North American Go.— Listed.— The New York Stock Exchange has listed the $11,936,700 new capital stock (reduced
from $39,789,200). The dealings in the old stock will be continued for a time, but not later than Feb. 28, 1901. See balance sheet on page 337.— V. 72, p. 187.
North Jersey Gas Co. of Paterson.- ilfo/fgorrye.— This company has tiled a mortgage for $1,000,000 to Tbe Trust Company of New York as trustee.— V. 72, p. 286, 187.
Old Point Comfort Improvement Co.— Reorganized Company. This corporation was formed Feb. 5 under the laws
of Virginia to acquire, pursuant to the foreclosure sale, the
property of the Hampton Roads Hotel Co. The authorized
capitalization is as follows: First mortgage 25 year A% per
sinking fund gold bonds, $300,000; second mortgage 25 year
6 per cent income bonds, $325,030; capital stock, $150,000.
Of the first mortgage bonds $150,000 will be reserved only for
bitterments or for the acquisition of other property and
$150,000 will be used in paying off liens, to make certain improvements, and for repairs, reorganization expenses and
working capital. Of the second mortgage income bonds
$25,003 will be used for the purposes of the committee and
$300,000, together with $450,0C0 capital stock, will be issued
to the depositing bondholders, who will receive for each
$1,000 in bonds deposited $400 in second mortgage income
bonds and $600 in capital stock. The Knickerbocker Trust
Co. was depositary under the plan. The officers are:

—

Samuel R. Lawrence, New York, President; Henry M. Haviland,
Brooklyn, Vice-President; John B. Summerfleld, Brooklyn, Treasurer;
and Armitage Mathews, New York, Secretary.

See

Hampton Roads Hotel

Pacific

Steel

Co.

Co. above.— V. 72,

p. 186, 90.

Incorporated.— This, company, with

office in the Corporation Trust
N. J., was incorporated recently

Co. Building, Jersey City,

in New Jersey. Authorized capital stock, $1,000,000. The incorporators are.representatives of the Corporation Trust Co.

People's Gas Light & Coke Co. of Cliicago.— ZVeto President.— George O. Knapp of Chicago has been elected President in place of C. K. G. Billings. The annual report is
given on page 337.— V. 72, p. 91.

Pittsburg Coal Co. Annual Report.~The first annual
report covering the operations for the sixteen months ended
Dec. 31 contains the following statement of profit and loss:
Profits after expenses, bad debts, etc
$5,480,690
Reserve funds ($826,915 to acquire new coal lands and
1,238,600
$411,686 for depreciation;
Net

profits

Dividend, 7 percent on the preferred stock

$4,242,090
2,074,709

Undivided profits (appropriated for preferred stock

—The

Equitable Life Assurance Society has issued its
forty-first annual report, exhibiting the condition of its
business on December 31, 1900. The statement shows, among
other things, new business written during the year, $207,086,243, an increase over 1899 of $3,784,411. while the expenses in 1900 were $136,377 less than for 1899
The amount
of surplus earned was $8,501,332, which, after deducting
$3,481,640 paid in dividends to policy holders, increased the
total surplus of the society to over $66,000,000.
The com
pany's gross assets amount to $304,598,063 (increase for the
twelve months $24,406,776), the total income for the year
was $58,007,130 (increase $4,128,930), the payments to policy
holders, exclusive of the dividends mentioned above, aggregated $25,965,999 (increase $1,858,457), and the total assurance in force at the end of the year was $1,116,875,047, an
increase of $62,458,625.

—Corporations desiring bonds of suretyship for their officers
or employes are referred to the twenty- eighth annual statement of the Guarantee Company of North America, pub-

among our advertisements today. This company,
"the original company in America," confines its business
strictly to issuing this class of bonds, and it has accumulated for its shareholders a surplus of over 190 per cent from
this business alone, and not in any way by contributions

lished

from them or premium on new

issues of stock.

The

re-

sources for security of the insured amount to over a million
and four hundred and nine thousand dollars.

dividends and working capital)

—V.

$2,167,381

71, p. 713.

&

Pressed Steel Car Qo.—$5,000,000 Notes Offered.— BlaXr
Co. are offering by adCo. and Heidelbach, Ickelheimer
vertisement on another page this company's $5,000,000 first
mortgage 5 per cent notes, due $500,000 yearly from Feb. 1,
1902 to 1911, inclusive, but subject to call at par and interest
Subject to a
at any interest period on six weeks' notice.
purchase-money mortgage on one of the plants for $235,000,
due 1909 at 4 per cent, these notes are secured by a first
mortgage to the Morton Trust Co., trustee, covering all the
plant and appurtenances now owned or hereafter acquired,
and all U. S. patents, good-will, etc. The company covenants
that it will at all times have and keep on hand cash and
quick assets equal at least to the face value of the outstanding notes and all other obligations of the company.
The company thus secures extra working capital with a
maximum interest charge of $250,000 and decreasing $25,000
each year. Interest payments for borrowed money last year
consumed $215,821, which was charged to operating expanses. A circular says in substance:
At the time of Incorporation the company had a cash working capital of onlv $1,500,000 and was doing a gross business of but $1,000,000 a month. By reason of the great demand for its product it was
deemed wise to more than double its caoaeity and Instal another
plant for the construction of steel underframe, wooden-topped ;ars.
The total profits of the company since incorooration are $4,312,284
out of these $2,625,000 has been paid in dividends. For the McKees
Rocks plant $1,581,580 was paid and $555,702 for other property
This has somewhat encroached upon cash working capital. Owing to
the larger business, it is necessary to carrv between $4,000,000 and
$5,000,000 material on hand, and for this" purpose the comiiany has
been an extensive borrower.
The balance sheet contained in the circular is given on

&

;

—Messrs. Pfaelzer. Walker & Co. of Boston,- New York
and Philadelphia and the Third National Bank of Boston are
offering a block of Western New York & Pennsylvania RR.
first mortgage 5 per cent gold bonds, due in 1937, to yield
page 337.— V. 72, p. 286, 187.
about i% per cent. In connection with this offering they
have issued a circular with map attached showing how the
Telephone, Telegrapli & Cable Co. of America.— Director*.
Pennsylvania Railroad system has now secured through lines —At the annual meeting on the 12th mst., the following
between Pittsburg and Buffalo, and between New York, directors were elected for the ensuing year:
Philadelphia and Buffalo.
Joseph B. McCall, Frank M. Riter, Randal Morgan, John Lowber

— F. J. Lisman & Co., in

addition to their weeklj- advertisement of unlisted railroad bonds, offer to deal in several
issues of gas and other miscellaneous securities. The dealings in these latter bonds are in charge of A, A. Lieman,
who recently became a member of the firm.

—Scott & Stringfellow of Richmond, Va., are distributing
an interesting circular regarding the Chesapeake & Ohio
Railway Co.

Welsh, John D. Crlmmlns, Elverton R. Cbapman. Francis M. Jencka,
Charles \V. Morse, Harrison E. Gawtrv, George Crocker, Samuel
Thomas. Cakes Ames, Frank Tllford, Daniel O'Dav. Georire F. Hawkins. Henry R. Wilson, William J. Latta. John C. BaUitt. Jeremiah J.
Sullivan, Morgan Willoox Ayres, George W. Elkins.

Stock to be Full Paid.— The stockholders at the annual
meeting also adopted a resolution aitthorizing the directors
to take immediate steps to make the stock full paid upon the
payment of all assessments thus far called, amounting to f 15
per share.—V. 72, p. 187, 93.

——

:

.

.

TBK CHRONICLE.

344

[Vol. LXXII.

COTTON.
Friday Night, February

COMMERCIAL EPITOME.
Friday Night, Feb,

15, 1901.

15, 1901.

Thk Movement of the Chop, as Indicated by our telegrams
from the South to-night, is given below, For the week ending
this evening the total receipts have reached 125,640 bales,
against 144,435 bales last week and 191,881 bales the previous
week, making the total receipts since the Ist of Sept., 1900,
5,640,740 bales, against 5,168,639 bales for the same period of
1899-00. showing an increase since Sep.l 1900, of 473.101 bales.

Decidedly wintry weather has been experienced the past
week over a considerable area of the country. Locally, harbor navigation has been seriooHly handicapped by an ice-jam,
BeeeiptM at—
Sat.
Mon.
Fri.
Tue$.
Wed. Titurs.
Total,
which has interfered with the handling of merchandise, and
also has interrupted passenger traffic. Reports as to the ac- aalveston
3,735 4,820 10,287 7,504 4,513 4,889 35,748
Sab. Pass, &o.
481
481
tual condition of business have continued to show more or
6,825 8,594 7,836 5,060 9,431
6,443 44,189
less irregularity.
In some instances the movement of mer- New Orleans.
Mobile
151
83
29
72
273
7
615
chandise and the prices realized have been noted as fairly
Pensaoola, &o.
5,876
5,876
satisfactory, while in others there has been more or less Savannab
2,981 4,725 3,073 3,361
1.930 18,254
2,184
complaining of the dulness of trade. The somewhat unsatBmasw'k,&c.
1,691
1,694
140
123
160
139
775
52
161
isfactory condition of the cotton goods trade has had a Oharleston
Pt. Royal,&o.
12
12
weakening influence upon values for raw cotton, despite a
Wilmington....
548
356
509
224
136
523
2,296
decreasing crop movement.
15
15
Wash'ton.&o.
Lard on the epot has continued to meet with a slow sale. Norfolk
792
5,112
528
696
600 1,510
986
Early in the week prices advanced, but the improvement was N'p't News, 40.
579
579
946
973
4,497
500
905
1,173
not maintained, closing at 7 80c. for prime Western and New York
911
3,804
Boston.........
525
569
707
909
183
7'35c. for prime City. Refined lard has been firmer, but the
1,334
1,334
Baltimore
close was quiet at 7'90c. for refined for the Continent. Specu359
109
PUladel'a, &o..
250
lation in the market for contracts has been quiet, and early
Tot. this week 15,986 21,106 23,257 19,063 19,351 26,878 125,640
in the week prices advanced, following the firm market for
The following shows the week's total receipts, the total since
hogs. The close was quiet.
Sept, 1,1900, and the stock to-night, compared with last year.
DAILT 0LO8ING FBIOES OF LASD FTTTO&E8.
,

.

February

Sat.

JHon.

Tuet.

Wed.

TKuri,

Fri.

775

780

Holiday.

7-80

7'85

7*77

Pork has been firm but quiet at $13 75@14 50 for mess,
|15@16 for family and |14@17 for short clear.
Cut meats
have had a moderate sale at firm prices, closing at 6c. for
pickled shoulders, 9@9i^c. for pickled bans and 1^s@8}4o.
for pickled bellies, 14@10 lbs. average. Beef has had a limited sale at unchanged values, closing at |8@8 50 for mess,
$9@10 for packet, $10@11 for family and $14@15 50 for extra
India mess in tcs. Tallow has been dull and easier, weakening to 4^c. Stearines have been dull, closing at 8c. for
lard stearine and TJ^c. for oleo stearine. Cotton seed oil has
continued to sag, closing at 293^@30c. for prime yellow.
Butter has been in smaller supply and firmer, closing at 16@
223^0. for creamery. Cheese has had a fair sale at full values, closing at 93^@12c. for State factory, full cream.
eergs

have been in

fair supply,

Fresh

closing at 19i^@193>^c. for

choice Western.
Brazil grades of coffee have been quiet. Despite, however,
an unsatisfactory condition of trade, a continued full crop
movement, and large supplies, present and prospective, there
has been no pronounced pressure to sell, due to the fact that
prices ruling are on a low basis, and also to a hardening tendency shown to Brazilian sterling exchange. The close was
steady at 7i^c. for Rio No. 7. West India growths have been
dull, closing at 8^@9c. for good Cacuta.
East India
growths have been without changes. Speculation in the
market for contracts has been dull, many operators holding
back awaiting developments. The close was firmer. Following were the closing asked prices
Feb
5-700. June
5-80o. Sept
6'90o.
March
6'70<5. July
5-80o. Oct
5-95e.
May
5-750. Aug
5-85o. Dec
6*100.
Raw sugars have been unchanged and fairly steady at 4i>:^c.
:

I

Since Sep.
1, 1900.

TAii
week.

35,748 1,554,267
8ab.P.,&o.
481
33,379
Sevf Orleans 44.189 1,852,347
MobUe
615 104,985
P'saoola,&c.
5,876 110,431
Savannah... 18,254 834,913
Br'wlok,&o.
80,882
1,694
Charleston..
776 197,937
734
12
P.Royal.&o.
Wilmington.
2,296 228,114
622
15
Wanh'n, Ac.
BTorfolk
5,112 307,661
31,055
579
N'portN.,&o
84,780
4,497
New York..
3,804 157,943
Boston
45,601
1,334
Baltimore .
15,189
359
PhUadel.&c.
Glalveston...

for centrifugals, 98 deg. test, and 3^c. for muscovado,
89-deg. test. Refined sugar has been quiet at 5 50c. for
granulated. At the close of last week refiners withdrew
their time guaranty of price?. Teas have been firmly held.
Kentucky tobacco has continued to meet with a fair sale
at full values. Seed leaf tobacco has been quiet, but about
steady. Sales for tbe week were 1,425 cases, as follows
500 cases 1899 crop, Zimmers, 15@16c.; 350 cases 1899 crop,
Pennsylvania seed, 123^@13c.; 100 cases 1900 crop. New England Havana, forced sweat, 25@80c.; 75 cases 1899 crop. New
England Havana, 35@40c., and 400 cases 1899 crop. Wisconsin Havana, 10@12c.; also 600 bales Havana at 39@96c. in
bond, and 150 bales Sumatra at 80c@|l 95 in bond.
moderate amount of business has been transacted in the
market for Straits tin and prices have advanced, closing
steady at 36-8C@26'87i^c. Ingot copper has been quiet but
steady at 17c. for Lake. Lead has had only a soaall sale, bat
prices have not changed from 4 -373^0., closing quiet. Spelter
has held about steady, closing at 3'85@4c. for domestic.
Pig iron has been quiet, but prices have not changed from
$13(816 50.
Refined petroleum has been steady, closing at 7-80c. in
bbls., 6-25c.iin bulk and 8'85c. in cases. Naphtha unchanged
at 9'55c. Crude certificates have been neglected. Credit
balances have been steady at $1 25. Spirits of turpentine has
been quiet and easier, closing at 393^@40c. Rosins have been
dull at .$1 60 for common and good strained. Hops have been
firm at unchanged prices; business has been quiet. Wool
has been quiet and unchanged.

A

This
week.

Stock.

Since Sep
1, 1899.

1901.

a

43,857 1,498,829
137
68,337
60,160 1,401,354
5,173
165,308
4,938
110,854
40.008 858,482
3,963
85,904
8,519 210,920
2
1,214
6.090 241,648
8
748
13,220 314,987
1,202
22,826
25,225
2,812
62,513
2,871
986
65,746
628
33,744

1900.

187,513

207,579

375.462
30,380

429,611
31,458

111,965
4,105
8.853

150,738
7,311
31,628

7,481

21,913

25,446
898
147,394
68,000
10,203
3,464

46,204
7,449
122,163
40,000
15,557
9.384

...,„

•••.••

•

><»•*

...»

981,164 1,120,983

126,640 5,640,740 194,579 5,168,639

Totals

In order that oomparison may be made with other years,
totals at leading ports for six seasons.

we give below the
at—

Receipts

aalves'n,&c.

43,994
60,160
6,173
40,008

36,235
44,189

New Orleans
MobUe

615

Savannah...

18,254

Ohas'ton, <bo

787

Wllm'ton, dko
Norfolk
N. News, Ac.

2,311
§,112

AlU others...

wk.

8,521
6.098

rot. this

Since Sept. 1

36,168
69,743
5,263
21.177

23,064
20,993
2,338
7,928
2,177

340

6,321
3,594
8,295

20,881
33,758
4,213
7,952
8.453
1,060
4,728

728
31,849

327

1,211

10,148

6,562

6,273

125,640

194,579

72,150

185,133

84.934

109,395

4,673

491

5640,740 5168,639 7052,764 7196,986 5855,814 4364,552
for the

week ending this evening reach a tota'

are the exports for the
W$ik Bndint
Qrtat

France

Great Britain, 410
Continent, Below

week and since Sept.
t'eb.

16 1901.

Erom

Sept.

1,

1, 1900.
1900. to Feb 15, 1901.

Exported to—

Bxportti to—
Brit'n.

Conti- lotal
Qrtat
Jranet
nent. Week. Britain.

6.4S8

3,116

9.583

642.118 216,425
612,932 283,103
28,aS8
44,212 12,831

15,200

14,338

29.528

Uoblle
Peniaoola

5.001

450

6,451

Savannah

C,422

11,576

17,997

Brantwiok....
Charleston...
Port Bo;al...
WllmlnKton...
Norfolk
N'port N., Ac.
New York..

2,486

Boiton

4,704

Baltimore..
Philadelphia..

2,580

4,928

2,465

410

8.e42

9,180

4,704
2.300

700

aanFran..&o.
Total

19,524
41,158
4,244
18,750
10,608
1,970
8,657

17.558

The exports

i3alveiton
Sab. Pass. &o..
New Orluani..

1896.

13,220
1,202
16,203

579

of 85,580 bales, of which 48,378 were to
to France and 36,793 to the rest of the

SxporU
*rom—

1897.

1898.

1899.

1900.

1901.

I

I

1899-1900.

1900-1901.
Receipts to
Feb. 15.

1,152

48.378

410

36,792

66,861

5,374

56,047

Continent.

341,746 1,200,869
17,362
17.368
442,151 1.278,191
14.576
85.233

43.409
91.675

858.4 i.1

12,606

522,255
60.623

66.656

136.389

78.846

132,461

211.807

8S8

1.800

17,4tl

3.950

2,688
21.391

139,863
38,017
69,«73

133,787
884,700

23,899

15.250

110.817
l.'ISS

700

57,338
8.760

29.012
301

1,152

2,618

14,4;9

ifiiO

Zotai.

259.951
286.453
86,380
3.061
17.047

85,630 2,104.026 490,913 1,6S3,'473 4,178.419

iicm

11384.399 541.494

8,647,542

February

THE CHRONICLE.

16, 1901.

In addition to above exports, our telegrams' to-night alto
give us the following amounts of ootton on shipboard, net
We add similar figures fcr
cleared, at the ports named.
New York, which are prepared for our special use by Messrt
Lambert & Barrows, Produce Exchange Building.

845

ITdtures.— Highest, lowest and closing prlcef at New York.

c

z

o

»-

=-

(»

2?

Ob B

- B

^bSKbSSB^

o«

„ B
3^(»gB»»d(>gB(>
a SnJ GdaSBoSBo.* B
B

New

Other OoattOerQrtat
Britain Fr'nee many. For'gn wise.

Orleans.

Galveston

Savannah

—

....

Charleston...

"800

Mobile
Norfolk

New

Yorfe....

6,oo6

Other ports

""50

37,502
64,876
25,942

337,960
122,637
86 023

.•iO

3,803

5,300
8,000

2.5,080

"ioo

•

100

200

3,000

1,000

10,000

•>•

6>o6

8.006

CO

34,764 36,900 32,181 33,792 14,233 151,870

829,294

Total 1900..
Total 1899.-

82,934 3,817
39.148 14,315

27,926 235,954
38,934 176,130

885,029
710,517

CD or

QCQO

00 00

50®
-4W

OS

I

«

Mon Tues

Good Ordinary.

Low Middling..

8iiie
96,6

Klddllng

9%

Good Middling..

1U1,B

BUddlingFair...

101-2

UTed Tk. Frl
87,6

8ifl

8ifl

9%

9i«

91, fi

99i«

9>«

y's
106, A

10k
Sat. nion Tnes UTed Th. Frl

GULF,
Good Ordinary.

Low Middling...
Middling

8i5,e

8i3ie

99.6

97,

o

105,6

103, R

83

10%

C
p.

10

Good

Middling..
Middling Fair..

8TAINBD.

Sat.

Low Middling
Low

Middling Tinged..
Good Middling Tinged

8%

8%

938
91316

938
913,6

811,6
95,6

9%

lOifl

lOifl

101,

1058

109, fl

I0»,a

loia

mou Tnen

\¥ed Tb. Frl

8I4
914

Middling
Strict

n
9»i«
9«8
9i5,e
1038

933

8i«
9i«
914

9%

9'>B

Holiday.

81,6
91,6
9Sie

81,6
9116
93,6
99ie

9»,fl

8

9
919
91a

for middling upland at New York on
Feb. 15 for each of the past 32 years have been as follows.
1901. ...c. 9ifl
1893.
0. 916
1886....c.HSie 1877..~C.12''8
1900
8'8
1892
1884
1876
13
73,6
10\

The quotations

1899
1898
1897
1896
1895
1894

6i>e

1391

9ie

6>4

1890
1889

115,6

7

10

1888
1887
716,6 1886

1058

8
559

1883
1882
1881
1880
1879
1878

I014
119,6
113,6
13i«
958
10i3j6

15i«
1874...... I6I4

1875
1873

21
1872...,. 22^8

15i«
1871
25
1870
NoTB.—OnOct. 1, 1874, grades ol cotton as quoted were changer.
Aooordingto the new olaselfloatlon Middling was on that day quotec
Ha. lower than Middling of the old olasslfloation.
9'fl

9

MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
FUTUBBS

Sfox mahkbt
Olosbd.
Saturday.. Dull
Monday.... iQuiet at
Tuesday...]

Total.

Olobbo.
,

is

dt

Contbac:

Ex-

Oon-

Oon-

port.

tump.

traet.

wteady

36

36

dec.. B'rly steady.

Totui

1,600

1,000

Holi day
400 1,105
106
3,110

2,500

. .

Wednesday Qnlet
Thursday. Dull
Friday,

Market

Saxbs of Spot

at i,e dec.

Easy
Steady

Quiet at lie dec. B'rly steady,

400

5,3 57

1,505

106
8,110
1

4

t

Ba>

lOQ.

:

;

SB

X

a

1

Si

o

1,500

7,257

(SO

«c

WO 00

«0«S

CC«D

.-1

toe

•40)

I

00
I

9

to

Id

to to

M

d

I

coo
uto

00 00 00

c>:co

aOGD

00 op

QCOO

ksto

03 <1

QDOo

»^i—
o:~J

'£0
-to

0000

aoo

00 00 00

OCD

tsw

•JOD

MtO

tou
IOO

to to

ocoo

CO«

0009

00
CO
oso
0-»l

-J

.-i

'

00
00 00 00
oats

w

--•
O"^

-.»

9

I

t

00:

>-•>-•

o;to

ccoo

wco

00 <0-0
cow
toto
00 VV
CO
CO",

T^^

00 00
to 09
CO lU
ca
fO
c;*

•AvanoH'

-3^
I

•

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I

I

d
I

I

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<l -J

IX OD

COW

OCQD
OSOD

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OOIX

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tOM
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ODOa

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ifkCjl

d

I

ttOO

06 — M

oboD

>(i

Sat.

•
I

M—

CO
too:

21
00
d
>j>j

Speculation in cotton for future delivery has been slightly
active, but it has been to a considerable extent the result of selling by tired longs to liquidate their accounts,
prices having declined. The unfavorable trade reports from
the Continent and domestic spinners have continued to have
their influence against the market, and latterly there have
been some reports received to the effect that Manchester
business has shown something of a falling off. Owing to the
poor trade conditions domestic cotton spinners are reported
contemplating going on short-time. The crop movement has
continued very moderate as compared with the free movement at this time last year. Port receipts have been
particularly small in comparison. The interior receipts also
show a small falling off. To-day there was a steadier market early, on firmer foreign advices and the small crop movement. During the day, however, there developed renewed
liquidation on the part of tired holders, induced by the dull
trade reports, and prices declioed. The close was barely
steady at a net decline of 5@13 points, exclusive of November and December, which were unchanged. Cotton on the
spot has been easier, closing at 93^c. for middling uplands.
The rates on and off middling, as established Nov. 21, 1900,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Fair
0. l^e on strict (Jood Mid. Tinged. 0. 3,8 on
Middling Fair
on Good Middling Tinged
Even
le off
Strict Good Middling
Hi on Middling Tinged
Middling
Tinged
GoodMlddling
Strict
Low
"8 off
^leon
gtrict Low Middling
Sjeofl Middling Stained
»fl off
Low Middling
'leoff Strict Low Mid. Stained... l^e ofl
Strict Good Ordinary
\ off Low Middling Stained
l^s ofl
Good Ordinary
liieofi
On this basis the official prices for a few of the grades fcr
the past week— Feb. 9 to Feb. 15—would be as follows.

0000

WCO
O-CO

more

UPLANDS.

•

I
I

QCOO

va ©6

I

17,446
147,194
84,151

Total 1901..

121,277
83,733

I

CD CD

6,767

I

cut
•

$toek.

Total.

416

2,221 19,017 1,015 14,833
23.343 17,883 11,524 6,359
11,542 11,500
2,900

eg B*

•

«

*

I

Leaving

15 at-

Feb.

I

".

i>.Gs;K

Til
9i

'n

ON SHIPBOARD, NOT OLBABBD FOB—

S

I*-

!>-GW

1

1
'

'

'

9

1

*
1

to
to

1

9

*
M
00

(J.
;

1
1

d

*
CO

1

1

*
6
to
9

*
to

<0
1

1

'

>

1

1

'

d

®
CO

1

1

°5
CD

d

?
«

*?

'g

The Visible jsupply of cotton to-night, as made up t)y
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening
But to make the total the complete figures for to-night
(Feb. 15), we add the item of exports from the United States,
including in it the exports of Friday only,
1901
1900
1899.
1898
Stock at Liverpool
bales. 736,000
645,000 1.784,000 1.168,000
Stock at London
11,000
4,000
3,000
3,000
Total Great Britain stock.' 747,000 649,000 1,787,000 1,171,000
Stock at Hamburg
15,000
19,000
21,000
7,000
Stock at Bremen
216,000 227,000 401,000
329,000
Stock at Amsterdam
3,000
2,000
3,000
Stock at Rotterdam
200
300
200
300
Stock at Antwerp
4,000
5,000
11,000
7,000
Stock at Havre
152,000 238,000 343,000
283,000
Stock at Marseilles
3,000
4,000
4,000
4,000
Stock at Barcelona
80,000
47,000
57,000
68,000
Stock at Genoa
22,000
44,000
59,000
41,000
Stock at Trieste
12,000
5,000
3,000
4,000
Total Continental stocks
904,200 746.300
474,200 b22,300
Tetal European stocks.. 1,221,200 1,271,300 2,691.200 l,917,3u0
India cotton anoat for Europe 114,000
21.000
93,000
49.000
Amer. cotton afloat for E'rope. 421,000 481,000 510,000 560.000
EgTpt,Brazll,<feo.,aflt.forE'p«
32,000
54,000
34,000
37,000
Stock in Alexandria, Egypt. .
186,000 192,000 273,000 262.000
Stock in Bombay, India
407,000 358,000 437,000 260,000
Stock in United States ports.. 981,164 1,120,983 886,647 ,286.675
Stock in U. 8. interior towns.. 713,226 594,632
499.421
540,763
United States exports to-day..
25,986
19,253
38,787
23,971
Total visible supply
4,094,843 4.118,901 5.463.055 4,936,714
01 the above, totals of American and other descriptions are as loUowa^
:

American-

Liverpool stock
Oonttnental stocks

649.000 529,000 1,671,000 1,043,000
432,000 591.000 856,000 713,000
American afloat for Europe... 421,000 481,000 510.000 560,000
United States stock
981,164 1,120,983 88ti,647 1,286,675
Dnlted States Interior stocks. 713,226 594.632 499.421
540.768
United States exports to-day.
25.986
19.253
38,787
23,971
Total American
3,215,643 3,342,601 4,461,855 4,167,414
Satl Indian. Bratil, ««c.—
Uverpool stock
113,000 125.000
87,000 116,000
London stock
3,000
3.000
11,000
4,000
Continental stocks
48,200
83.300
42,200
31.300
India afloat for Europe
2i,000
49,000
93,000
114,000
ttfirypt. Brazil, Ac. afloat
87,000
32,000
54,000
34,000
Btookin Alexandria, Egypt... 186,000 192,000 273,000 262.000
Stock in Bombay, India
407.000 358.000 437.000 260.000
Total East India, &C
679.200 776.300 1,001. 200 76;».300
Total American
3,215.643 3.342.601 4.461,g55 4, 167.414
Total visible supply
4,094,843 4,118,901 5,463jO;>5 4,936,714
3ii.-,3d.
Middling Upland, Liverpool
6i^33d.
5s<!ol.
37,fld.
6^40.
Middling Upland, New York.
6580.
O'so.
S'so.
4i«d.
Egypt Good Brown, Liverpool
Si«d.
5\-d.
88sd.
7i«d.
Peruv. Rough GK)od, Liverpool
6%d.
6'ed.
77, gd.
Sijd.
3%dBroach Fine, Liverpool
6i4d
5d.
Si«dTinnevelly Good, Liverpool...
4\d.
3»igd.
5d.
Continental imports past week have been 131,000 balee.
The above figures Indicate a decrease in 1901 of 24,05S
bales as compared with same date of 1900, a loss of 1,368,213
bales from 1899 and a decline nf d41,S71 balee from 1898,

tW

bales.

...

'

THE CHRONICLE.

346

At the Interioe Towns the movement—that is the receipts
week and since September 1, the shipments
week and the stocks to-night, and the same items
£or the

for the
for the

Quotations fob Midduno Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.

corresponding period of 1899-1900 -is set out in detail below.

OLOaiNG gOOTATIONS FOB MIDDLIMG OOTTOK

Week ending
Feb. 15.
«S

P

63

a

!,»

CSSB^P

1

S-E

a?^7>

Sdtvr,

Hon,

938
9^16
93,8
938
91*
95;6
97,6

95i8
95l6
93i«
938

.

New Orleans
Mobile
Savannah...

9

Charleston.

H HOBO

B
H

Norfolk

Boston
Baltimore .
Philadelphia

"85

:;:•••"••

"9 * w
2>-3:

«

Wilmington.

H
O
Q

SOH

H w;
WM

Galveston.

o
o

S:

.^

.

.'^J^

f"^

S"

i^

O'cOOta '© CO CJ< >-' Co"r- ex 00 CW to't-" >-• 05 M CO to CO O to 00 Mt-M-a
00®«-CO»a5a5-'l©3>*'l-'Qoecto05a5iJ»-050Dcx>»oonf-tC©OOKti'
Ol»^0505CJ©0000*»COlUOtM^OOCCOtitOU'OOtceOCOWltCWaot-'^©lPt-1

»)

^

H"

en

•-'

Houston

8?

Cincinnati

'cO©'tO

;

C;"

OOO'tOOl'
cccoMif^

©

CO

05

coc;«cj<cocoo<tocscj'05co

lo

to O!

* Colf^

tO©C;<00©!
i9tooQt<cocO'

Athens...
Atlanta
Charlotte

>-'CO^H;

CO-~1O5Q0MtOC7'l^l^'
©cj-oic^icosc;"!''!-';

©05©tOCDI-'CC(f>CO

M

CO

oc;

© WW
Ml(^O'i^.C0t0OO0>U'>-"^a3'^aCtOMC0'Ji
to

*>•

— *» 05

toot
M COi—H-tO
co-^Wh-coto^jo-. couicr.)-'

O'C0'-0X05t0l-'i— 0;0^0»COtOC/^COO-Jt0^iOO
C>H'l-'l-'OOifr.C:»>-'C^O''^-jO<CCtOCO-JtOtSCO

i*J^

5" -•*.?*

Z'

J^

o« lb f^ cjim
"v to eo^i o^'m V' ~i to oo
•4 00 tOM c» V ^ oo V en
oo
Oi(»CCpt»0'l^>-'WH'l(»C0>->t'©pf»OCCC0Cn™'l0t0»-C0i-'»lCt0t0lt>t0
c;i

teClt>>l-'Ol06l(»'*4t0i-'tOlb0500O:b0tCH'f-00O5O5»3^0;0Clf'COa.tOt0

OSOiMOl

Cl'©l^-J

H"

C>!M^I-'l-'«>05»3aeOC)>lUCJ>

o

c;i

•

if^ifkCJ)

COWT-"

*" Ui

to

tSMM
05 05

50
CO

«

lowest
*^

to

10
l^*>-*»

OjMCJt

M

tOMlP-H-J

tOOCtOtOi-'O'tOi-'-l
ioV)
iO ~3
flo"b5
-J

Voo cVt'o'c W
Colo 00 w'-J to 05
«
o
WW
W «
COOD05CO©t005aCH^IJk^ODWOD©l->WCOeoai-'tO©ropf«COI-'i-'-JtO;0
O0"t0

9%

9*16
9J4
9^18
914
9»8

938

9ifl

9I18

94

9H
95ie

9k

9Ba
9>3

at other importart

Little

Rock

Montgomery...

8^

9i«
S'a
9»a

NashvUle
Natohea
Raleigh
Shreveport

9^
9
9

8%
advices

—

Abilene, Texas. Rain has fallen on two days of the week,
to the extent of thirty-two hundredths of an inch.
Freezing
weatber part of week. Average thermometer 38, highest 54,

NltO

©O.-©C0lC--JO*^rslH'l-'l(a.©WC»tiO(-'t-'©Cne0«Jt-'t0OQ0<I05t0
h-coM©i-'toaci-'©oco<i©i-'oo<i»-«tji-'wtiQoa-co-atO'vitatscooo

J-'GDI-'M

Oolumbus,MlS8
Eulaula

..

54.

- to W'COOlbOIO'l-'

CntOOoVi CD

9 3ie

9^16

94

—

p

w^CDZj<*^po3^ycy<v>a;t9ti3

ifc«aooeoco<i*».tioif>.c;eo«oco>-'coy>
OlVl oo'co"lo'cc"y '^"cDOi'OQo'ic'o'ki 03

9^

939
99,6
988

93ifl

South unfavorable weather conditions during the week have
interfered with the preparation of land for the new crop
Rain has fallen in most localities, aad a heavy fall of snow
occurred at Ardmore, Indian Territory, oa Tuesday.
Galveston, Texas. There has been rain oa two days of the
past week, the rainfall being thirty six hundredths of an
inch. The thtrmomster has ranged from 40 to 68, averaging

.^1

WlJ^COCO-]|^tSOOOCO©COK>iO'-aOC;iU<*Ot30&

o

938
938
96,8
988
9»«

9^

to us this evening denote that over a large portion of the

to

t-'coi-'©c>«

9*38

Fri.

914
93l8
9I8
9I4
9I16
9I4
938
99i«
9*8

Weather Reports bt Telegraph.— Telegraphic

w®ototo~j>-'ootaoiaDO:ifii-'oits»i<'0'

to CO n: CO

9^

938
938
9*8
9B8

OolumbuBjGa.

**'.'^ i*,*^ 5*
H'COCOOC"-Ji-'C00505©WC;«a'lf^-JOO<l
ylt^ Vl CCVl
H-'tO
CO "o C" -J r- CO 05 05

^totato

o<

CnO'COl-'

9i58

Thurt.

ON—

Southern markets were as follows.

M ©

toto

9H
93,8
9^8
9B,e
914
914
938
9»8
968
913,8
938
9>4
938
95,e
9B8
9i«

The closing quotations to-day (Friday)

to

W;

.

Louisville...

«JC005«Jlf'0©l-'Wi-J«<lOOCO-^rf^OCCO©C;<*-tOOtO«<tOtCOD05'-00

MiP'M

Louis....

St.

C005pi

She
95,8
95,6
914
914
97,a

9%
9\
9'8
9%

91s
938
9'4
9S9
9B8
9>9

Wedne$.

9he

9^

10

Augusta

Trtet.

9°i«
9'l6

9\
9^

Memphis....

-©M

[Vol. LXXII.

»»lbWOJOlf>-0;OOh-Hl(>-lF«©WO*»©05l-'^l»>CO»JtOK>-OOOCQDCOW>-'

05

22.

—

Corpus Christ i, Texas, We have had rain on two days of
the week, to tha extent of ten huodredths of an inch. The
thermometer has averaged 56, the highest being 72 and the
lowest 40.

CD
0>

M

l»^

to to W - CO M
w toa'cn oc ftV
C0^©O'tD0:C>05to;

M
"^1

;

t;!

ODI-MM

M

CO <1 00 CO P- H"

HCOMH'

to
OO

tOt-"

>-•

W M CO 05 W^ tOtO bS Wj-* O^ ©J"*

nr ao

lc"a% wV'l»"*i-'CB'io<ic w'>-''--'>©-4'wo5'to'ta'o

^-'tCOCtOXCOCO~J^3'CKi-JO;CC©CBOt^5©tCW
^eOl-'05C»CO©©<I. OC0lf^lP-(y'O;C0WO05t000C0lX)aiO'O tou<oooc

05

••

The atove totals show that the interior stocks nave deereaaed during the week 22,017 bales, and are to-night 118,594
bales more than at same period last year. The receipts at all
towns have been 12, 844 bales less than same week last year.

OvEBLAND Movement for the Week and Since Sept. 1.—
overland movemet t
tor the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Feb. 15 and since Sept. 1 in the last two years are as follows.

We give below a statement showing the

1900-1901.

February

15.

Week.

Shipped—
Via St. Loais..^

^.

Via Cairo
Via Padaoah
Via Rook Island.
VlaLonlBvllle
Via Cincinnati
Via other rentes, &o

Since
Sept.

"860

.....

2,241
4,90ti

...........

Total gross overland
Deduct shipments—
Overland to N. Y., Boston, &o..

Between interior towns........
Inland, Ao., from South

Totaltobe dedaoted........

1.

Week.

691,968 24,214
9,981
178,587

15,463
3,742

...,

1899-1900.

6,198

5,799

225

60,098
105,236
70,554
209,570

3 42
4,218
1,502
6,087

Since
Sept.

1.

658,582
174,515
9,310
11,560
184,465
110.843
208,560

33,410 1,311,812 46,369 1,357,835
9,994
2,186
2,368

303,513
87,879
35,133

7,297
2,084
1,064

187,228
64,514
66,882

14,549

426,525

10,445

318,624

Leaving total net overland*.. 18,861 885,287 35,924 1,039,211
* Including movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 18.861 bales, against 35,924 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 153,924 bales.
1899-1900

1900-1901.

Week.

Since
Sept.

1.

Week.

Since
Sept.

I.

125,640 5,640,740 194,579 5,168,639
Eteoelpts at ports to Feb. 16
18,861 885,287 35,924 1,039,211
KTAt nvArlMid to Feb. 15
Sonthem consumption to Feb. 15. 29,000 679,000 30,000 701,000

Total marketed
........ 173,501 7.205.027 260,503 6,908,860
'22,017 668,599 * 62,0 17 351,449
Interior stocks In excess....
198,486
Game Into sight during week. 151,484
7,873",626
7,266',299
Total In sight Feb. 15

Horth'n spinners tak'gs to Feb. 15 58,930 1,417,007 62,524 1,792,542
" Decrease during week.
Movement into sight in^ previous years.

1899
1898
1897
1896

bales.

94,692
216,692
107,495
124,999

1898-99
1897-98
1896-97
1895-96

—

—

32 to 56.

Columbus, Mississippi.— It has rained on three days of the
week, the precipitation reaching one inch and eleven hundredths. The thermometer has ranged from 31 to 55, averaging 43.
Vicksburg, Mississippi.— Planting preparations are still retarded. We have had rain on three days during the week,
the rainfall being one inch and eleven hundredths. The thermometer has averaged 47, ranging from 37 to 60.
Plowing is going on in some fields.
Little Rock, Arkansas.
There has been rain on three days the past week. The rainlall reached fifty four hundredths of an inch. The thermometer has averaged 40, ranging from 29 to 54.
Helena, Arkansas. Farming is not making much progress.
Rain has fallen lightly on two days of the week, to the extent of sixty six hundredths of an inch. Average thermom-

—

—

etrr 40'3, higheet 56 and lowest 28.
Memphis. Tennessee. Little progress has been made in preparing land for cotton. Scarcity of labor in some districts
Rain has fallen on two days of the week,
is complained of.
to the extent of forty-eight hundredths of an inch. The
thermometer has averaged 39'4, the highest being 57*3 and

—

the lowest

29.

—We

Nashville, Tennessee.
have had rain during the week,
the precipitation being thirteen hundredths of an inch. The
thermometer has averaged 3S, ranging from 25 to 51.
Mobile, Alabama. Farm work has made some progress,
but in most sections the ground is too wet to permit of plowThere has been rain on six days of the week, the raining.
The therfall reaching seventy-nine hundredths of an inch.
mometer has ranged from 40 to 73, averaging 54.

—

In Sight and Spinner$'
Taktngt.

Palestine, Texas —Rain has fallen on three days of the
week, the precipitation being one iach and eight hundredths.
The thermometer has averaged 47, ranging from 33 to 47.
San Antonio, rftcis.— We have had light rain on two days
of the week, to the extent of ten hundredths of an inch. The
thermometer has ranged from 34 to 74, averaging 54,
New Orleans, Louisiana. We have had rain on four days
the past week, to the extent of one inch and thirty-six hundredths. The thermometer has averaged 54.
Shreveport, Louisiana. There has been rain on four days
the past week, to the extent of sixty-five hundredths of
an inch. The thermometer has averaged 43, ranging from

Since Sept. 1.
bales. 9.104,119
9,175,681
7,326,126
8,901,461

—

Montgomery, Alabama. Wet weather has prevented farmfrom making progress with plowing. We have had rain
on four days the past week, the rainf .ill being one inch and
thirty-one hundredths. Average thermometer 49, highest
ers

lowest 26.
Selma, Alabama. Rain has fallen on tvco daysof the week,
The therto the extent of seventy hundredths of an inch.
mometer has averaged 55, the highest being 64 and the low65,

—

est 35.

—

Augusta, Georgia, We have had rain on three days during
the week, to the extent of one inch and sixty- eight hundreths. The thermometer has ranged from 35 to 63, aver-

aging

49.

February

THE CHKONICLE.

16, 1901.]

Savannah, Georgia.— R?iin has fallen on four days of the
week, to the extent of two inchea and tea hundredths. Average thermometer 53, highest 6G and lowest 40.
Charleston, South Carolina.— We have had rain on three
days daring the weei£, the rainfall oeiag one inch and
twenty six hundredths. Toe thermometer ha? averaged 50,
the highest being 5^ an 1 the lowest 33.
Statebarg, South Carolina.— The weather more than half of
the week has beea too wat to pdrmit of plowmg. Th3re has
been rain oa three days duriag the week, the precipititioa
beiag one ioch ani forty six haalreiths, Tae thermometer
has averagad 47, raagiug from 33 to 60.
Oreenwood, South Cxrolina. —There has baen rain on three
daysduriag the week, to the extent of ninety-two huadredthg
of an inch. The thermometer has ranged from 3> to 53,
averae;ing 41.

—

Ardm .re, Indian Territory. We had a heavy snowfall on
Tuesday, but conditions have since improved. Preparations
for the next crop of cotton are backward, however.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock Feb. 14, 1901. and Feb. l.o, 1900,
Feb 14,

'01.

Feb 15, '00

Feet.

New Orleans....
Memphis
Nashyllle

Bhreveport
VlolrabuTg

Feet.
4-8

6-7

Above zero of gaage.
Above zero of gauge.
Above zero of gauge.
Above zero of gat ge.
Above zero of gauge.

13.0

17-8

103

240

19-6

10-7
13-2

67

—

India Uotton Movement from all Ports. The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Feb. 14, and for the season from Sept. 1
to Feb. 14 for three years have been as follows:
1899-1900.

1900-1901.
Receipts at—

Since

Week.

Bombay

Since

Week.

Sept. 1.

783,000

73,000

1898-1899.
Since.
Sept. 1

Week.

Sept. 1.

591.000 90,000

30,000

855,000

Since September

For tKe Week.

1.

Exports

from—

Great
Britain.

Great
Britain.

Continent.

Total.

19.000
3,000
9,000

19,000
3.000
9,000

i"6o6

i'obo

i",boo

i".6o6

1,000

1.000

2,000

1,000

1,000

8,000

Continent.

Total.

Bombay—
1900-01..
1899-00..
1898-99..

241,000

31,000
2'6o6

148,000

272,000
29.000
150.000

2.000
1,000
2,000

8,000
7,000
14,000

10,000
8,000
16,000

7,000

9.000
2,000
15.000

16,000
2,000
17.000

i'obo

29,000
12,000
51,000

37.000
ly.ooo
55,000

48,000
1.000
10,000

287.000
60,000
228,000

335,000
51,000
238,000

'29,000

Oaloatta—
1900-01..
1899-00..

1898-9 J..

Madras—
1900-01 .
1899-00..
1898-99..
All otliers1900-01..
1899-00..
1898-99..

Total all—

20,000
5,000
10,000

20.000
5.000
lO.OOO

1900-01..

1899 00..

*""'*

1898-99..

Alexandria Receipts and Shipments op Cotton.—
Alexandria, Egypt,
February 13.

1900-1901.

1899-1900.

1898-1899.

Receipts (oantars*) . .
This week....
Since Sept. 1

130,000
3,937,000

170.000
5.618,000

125.000
4,758,000

This
week.

Since

TMt

Since

TMt

Since

Sept. 1.

week.

Sept. 1.

week.

Sept. 1.

Brports (bales)—

To I.ilverpool....
To Continent t

1.000 202,000 11,000 300,000
8,000 161,000, 17.000 286,000

7,000 204.000
8,000 196,000

Total Europe
9,000 363,000 28,000 586,000 15.000 402,000
A oantar is 98 pounds.
Of wiilcli to America In 1900-1901, 29,503 bales; In 1899-1900,
1
59,647 bales: In 1898-99. 24.937 bales.
-

Manchester Market.— Our

report

by cable

received

to-night from Manchester states that the market is dull but
steady for yarns and quiet for shirtings. The demand for
both yarn and cloth is poor.
give the prices for to-day
below and leave those tor previous weeks of this and last

We

year for comparison.

347

European Cotton consumption to Febeuaky 1.— By

oable to-day we have Mr. Ellison's cotton figures brought
give also revised totals for last
down to February 1.

We

year that comparison may be made. The spinners takings
in actual bales and pound.s have been as follows:
Oreai Britain

Oct. 1 to Feb. 1.

Continent.

Total.

For 1900-1901.
Takings by spinners... bales
Average weight of bales.lbs
Takings in pounds

1,245,000}
513i

639,985,000

1,571,000

2.816,000

493j

5023

774,503,0C0 1,414,488,000

For 1899-1900.
Takings by spinners... bales
Average weight of bales.lbs
Takings In pounds

1,307,000

1.613,000

2,922,000

516,

497

6056

674,319,0001

802.938,0001 1 ,477.257,000

According to the above, the average weight of the deliveries
Great Britain is 513 pounds per bale this season, against
5 1 6 pounds during the same time last season. The Gontinen t a 1
deliveries average 493 pounds, against 497 pounds last year,
and for the whole of Europe the deliveries average 502-3
Our
pounds per bale, against 505 6 pounds last season.
Jispatcb also gives the full movement for this year and latt
year in bales of 500 pounds.
in

Ocim 1 to Feb. 1.
of 500 lbs. each,

BaUs

000s omitted.

1900-1901.
Breat

Conti-

Britalt.

nent.

Spinriers* stock Oot.l.

Takings to Feb. 1

47,

324

1899-1900.
Total.

371.
2,826,

1,277.

1,549.

..... 1.324.
.....
SuddIv
Consumpt'n, 17 weeks 1,084

1.479.

3,197
2,563

394,

634

Spinners' stock Feb.

240

1

Weekly Consumption
000. omitted.
In October
In November
In December
In Jannarv

1,873

50,
68,

87,
87,

68.
68.

87,
87,

Great

Conti

Britain

nent.

63

525

1,349

1,606

583.
2.955.

1,412
1,156

2.131,
1.547.

3,543,
2.703,

256,

584.

840,

68,
68,
68,
68.

91,
91,
91,
91.

159,
159,
159,
159.

'

1

Totai

137,
155,
155,
1.55.

—

8HIPPINQ rsBWS. As Shown on a previous page, the
axports of cotton from the United States the past week have
reached 85,580 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
TolcU bales.

New York—To

Liverpool, per steamers Cymric, 735
Nomadic, 1,986. ...Philadelphlan. 383
3,104
To Manchester, per steamer Tropic, 1,224 upland and 600
Sea Island
1,824
To Havre, per steamers La Champagne, 331 upland and 34
Sea Island ...Tennyson, 25
410
To Bremen, per steamer Dresden, 2.078
2,078
To Hamburg, per steamer BulKaria. 480
480
To Antwerp, per steamers Kensington. 484
St. Cuth.'.
bert, 20'J....We8ternland, .500
1,184
To Christiana, per steamer Alexandria, 100
1 00
Saw ORLBAN8—To Liverpool— Feb. l3-8teamer Barrister.
10,000.. ..Feb. 15— Steamer Jamaican, 5.200
15,200
To Bremen- Feb. 12—Steamer I.sola di Favisnano, 3.400... 3.400
To Hamburg— Feb. 14— Steamer Mlnterne. IOj
100
To Antwerp— Feb. 11— Steamer Rosalie. 2,964
2,964
ToC()penh.>gen-Feb. 1 1— Steamer Florida, 1.600
1,600

To Oporto-Feb. 11-Bak Glyclnla, 700
To Genoa— Feb. 15— Steamer Liugio Ciampo, 5,564
QALVBSTON-To Liverpool— Feb. 9 -Steamer Almeiian, 6,43S..
To Rotterdam— Feb. 9— Steamers Celtic Princess and Ru-

700
5,864
6,438

2.670

perta, 2.670

To Vera Cruz— Feb. 14— Steamer Normandie, 475
PKN8AC0LA—To Liverpool— Feb. 12— Steamer Leocora, 5.001.
To Antwerp-Feb. 13— Steamer Silopiii, 450
Savannah- To Liverpool Feb. 9—Steamer St. Quentin, 6.222
upland and 2C0 Sea Island
To Bremen— Feb. 13- Steamers Leveu, 6,274; Woodburn,
3,199

To Antwerp— Feb. 13- Steamer Woodburn, 2,102
BKDN8WICK—To Mancnester— Feb. 14— Steamer Nether Holme,

475
5,001

450
6,422

10,473
2,102
2,465

2,465

BOSTON—To Liverpool— Feb. 8-8teamer Ultonia. 2.417
Feb. 13— Steamer Commonwealth, 2.257
4,704
Baltimore -To Liverpool- Feb. 8— steamer Ro w.inmore.2,520 2,520
To Hamburg— Feb. 8— Steamer Bethania, 1,100
Feb. 11
—Steamer Belgia, 800
2,300
E»HiLADELPHiA— To Liverpool- Feb 12— Steamer Belgenland,
700

700

Tacoma— To Japan— Feb. 8— Steamer Duke

1,152

of Fife, 1,152

35,580

Total

Cotton freights at

New York

the past week have been

as follows.
1901.

32f Cop. 8H
ings,

lbs.

Twist.

d.

d.

1900.

SMrt- Oott'n

Uplds

to fittest.
s.

d.

J a. 11 8^9 9938
••
18 8>a «938
" 25 S»« ©938

6
5

6
6

5

Feb. 1 87ifl0938
" 8 8»« «938
" 15 8% ll'9'4

5
5

6
6
6
5iaa8

6

8H

common Mid. S2s
s.

'»8
1»8
1»8
t>8
t>8

d.

d.

d.

d.

71i8®7H„

lia

51932

l>fi

51S.12

1»«

iDT^i
51332 738 -as
TSg
51582
(JSH
51»^9 7^8 •a'8>3

lia

3
3

5ifl

Ihs. Shirt- Ootl'n

Cop. ings, com.moii Mid.
Tioist.
Uplds
to finest.

74
7H

®7V

s.

d.

8.

®7

5

d.

9
9

5
6

ts?
li«t»7 10»«

5
5

2

®8

4

5

6

-OS
1>8

d.

4I9
41»3j

4iy„

4%
3
41^)

S'aa
^H'2

Jute Butts, B.vaaiNO, &o.—The market for jute bagging
has been extremely dull during the week under review, but
prices are

unchanged at

5JaC. for T'^ lb. and O^^c. for 2 lb.,
standard grades.
Car-load lots of standard brands are
quoted at OigCae^^c, f. 0. b., according to quality. Jute
butts have been without feature, with prices nominal at 1?4C.
for.paper quality and l'30@2-45c. for bagging quality.

Llverpoool

Havre
Bremen

Hamburg
Amsterdam

c.

......c.
c.
e.
c.

Rotterdam
c.
Reval, v.Br-Hame.

Do
Do

V. HU11...C.
V. St. Pet.o.

Genoa, Jan

c.

Trieste

e.

Antwerp

e.

Satur.

iron.

15
25
27
25
82
27
42
38
38
30
35

14
25
27
25
32
27
42
38
38

22\

27i«-30

35

Tuts.

n
»

Wtdnes. Thurs.

14
23
27
25
32
27
42

-

FH.
14
23
27
35
33
27
42
38
38

14
23
27
25
32

27
42
33
33
38
38
27>«-30 27H-30 27>t-S0
35
35
35
82i«

22>fl
22>s
i9
29
Ghent, v.Antw'p.c.
29
29
Quotations are cents per 100 lbs. or traotlona of ft penny per
" And 5 per cent
:

S2ii

29
lb.

THE CHRONICLE.

348

—

LiVEHPOOL. By oable from Liverpool we have the f ollcw
ing statement of the week's sales, stocks, &o., at that port.
Jan, 25
Bales of the

week

bales.

Of which exjjorters took...
Of which speonlators took.
Sales American
Actual export

Forwarded
Total Btook— Estimated

Of which American— Est'd.
Total Import of the week
Of which American,...

Amoont afloat
Of which American

Feb.

Feb. 8

Feb. 1.

•

15

53,000

40,000
1,300

44,000
1,20C

200

300

600

39,000
10,000
57,000
6^1,000
620,000
91,000
81,000
275,000
240,000

36,000
1,000
69,000
747,000
666,000
125,000
107,000
225,000
195,000

600
41,000

1,200
50,000
10,000
61,000
736,000
649,000
28.000
21,000
216,000
193,000

43,000
1,700

3,000
78,000
779,000
687,000
112,000
94,000
165,000
157,000

The tone of the Liverpool market for spots and futures
each day of the week ending Feb. 15 and the daily olos^ng
prioes of spot cotton, have been as follows.

Indian corn futures have received increased attention and
Advices from the interior have
reported very moderate country offerings and acceptances.
The volume of export businees transacted has been large.
At the seaboard shippers have been good buyers on a higher
basis of values and reports received from interior markets
state that exporters have been fairly free buyers. Shorts have
been buying to cover their contracts in the speculative markets.
Commission houses also have been reported as fair
buyers for investment account, induced by the large consumptive requirements.
The limited supply of contract
grades is an important factor in holding short selling in
check. To-day there continued fair buying and prices held
steady. The spot market was fairly active. The sales for
export here and at outports were 402,000 bushels.
OAILT OLOBINO PKIOBB OF NO. 2 MIXED OOBM IH
YORK.
Sat.
Man.
Tues.
Frx.
Wed. Thurs.
Cash corn f. o, b
4658
4714
4753
48
47%
at steadily advancing prices.

NEW

May

Market,
1:45

Monday. Tuesday, Wed'dav Thurtd'y

Fridai).

Fair
bnsiness
doing.

Easier.

Quiet,

Firmer,

57i6

51E39

5lls2

61 632

6,000

10,000

8,000

8,000

10,000

8,000

500

500

500

500

600

,500

Steady.

Steady,

Sat'day.

Spot.
)

p. vi.\

Quiet.

Mid. Upl'dB.
Bales
Bpeo. diexp.

Moderate
demand.
538

1:45 p. M.

Market,
4 p. M.

\

\

\

Easy,

Quiet.

cline.

Quiet at
partially
1-64 deo.

Dull,

Steady,

Quiet at
2-64 de-

Barely Steady at
steady at a-64@s-6»
3-64 dec. advance.
Easy,

Quiet.

)

The prioes of futures

at Liverpool for each
oelow, Prioes are on the basis of Uplands,
clause, unless otherwise stated.

day are given
Low Middling

Sat.

Mon.

Tnes.

TTed.

Tburs.

Feb. 11.

Feb. 12.

Feb. 13.

Feb. 14.

1:45 4 1:45 4 1:45 4 1:46
12ifl
1 1:45
p. M. P, M. P, M. P, U. P.M. P.M. P.M. P.M. P.M. P.M. p, M.

d

d.

d.

d.

d.

d.

d.

45^9

44%

46H

46
45

4558

DAILY OLOSINO PBIOBS OP NO, 2 MIXED OOBN IM CHICAGO.
8at.
Mon.
Fri
Tues.
Wed. Thurs.

March delivery

in elev...

May delivery in elev

3714

33

38

33

38ifl

37%

38i«HoUday.

38ia

39%

39

39 14

39'78

4014

39
40ia

Oats for future delivery at the Western market have been
quiet. There has been some selling by elevator interests
but these offerings have been well absorbed and prices have
held about steady. The local spot market has been more
active and firm. Tliere has continued moderate buying by
exporters of heavy white oats, and the home trade has been
a freer buyer. To-day the market was quiet and unchanged.
DAILT OLOSINO PBIOBS OF OATS IN
YORK,
8at.
Mon.
Tues.
Wed. Thurs.
Fri,
30i«
No. 2 mixed in elev
30ia
30>«
30^! Holi30ifl

NEW

33
33
day,
33
33
33
DAILT OLOSINO PBI0E8 OF NO. 2 MIXED OATS IM CHICAGO.
SoL
Mon,
Tues,
Wed. Thurs.
Fri

Frl.
Feb. 15

4

d.

44

«o. 2 white in elev

Feb. 9.

Fehruary... 5 24 5 23 5 21
Feb. -Men... a 19 5 19 5 20
Moh.-April.. 5 17 5 17 5 18
April- Bl ay.. 5 15 5 15 5 16
May-Jnne... 5 13 5 13 5 14
June-July... 5 12 5 11 5 12
Juiy-A.ug.... 5 08 5 08 5 09
Aug. -Sept... 4.59 4 59 4 60
Sept ,L.M.C. 4 59 4 59 4 60
Oct., G. 0.0. 4 35 4 35 4 35
Oct. Nov,... 4 28 4 28 4 28
Nov. -Deo -

4 5 >4 Holiday.
44^8

44%

delivery in elev

July delivery in elev

Feb. delivery in elev

Futuret.

Market,

rVOL. LXXII.

d.

d.

19 5 17 517 5 20
16 5 13 5 13 5 16
14 5 11 5 11 5 14
12 5 09 5 09 5 12
10 5 07 5 07 5 10
08 5 05 5 05 5 0.K
05 5 03 5 03 5 06
56 4 54 4 54 4 57
56 4 54 4 54 4 57
4 33 4 32 4 31 431 4 32 4 30 4 31 4 34
4 26 4 25 4 24 4 24 4 25 4 23 4 24 4 27
5 23 5 21 5 20 5 19 5
5 19 5 17 5 17 5 15 6
5 17 5 15 5 15 5 13 5
5 15 5 13 5 13 5 11 5
5 13 5 11 5 Tl 5 10 5
5 10 5 09 5 08 5 07 5
5 07 5 05 5 06 5 05 5
4 58 4 57 4 57 4 56 4
4 58i 4 57 4 57 4 56 4

4
p.

M.

d.
5 19
5 15

5 13
5 11

5 10
6 08
5 05

4 57
4 57
4 34
4 27

Feb. delivery in elev

24i«
2539

2438

May delivery in elev
25 J4
Rye and barley have been

Holiday,

2438
2539

2438

243^
2538

25 >•

with unimportant changes

dull,

in prices.

Following are the closing quotations:
Pine
Superfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring

(Wheat

flour in

FLOUB,
$2 20 «2 30
Patent, winter.... $3 75 ©3
2 30 ®2 40
City mills, patent.. 4 15 ®4
2 40 -92 50
Ryeflour,8uperflne 2 80 »3
2 50 »2 75
Buckwheat flour.. 2 00 «2
2 90 ®3 35
Corn meal3 40 ®3 90
Western, etc
2 25 »2
3 90 94 65
Brandy wine
2 35 a 2
sacks sells at prices below those for barrels.)

95
75
55
10
35
40

OBAIN.

.

Wheat, per bnsn.—

o.

89^®91

HardDuluth,No.l

BREADSTUFFS.

Com, per bush.—

o.

85 14® 88
79 ®80%
88 989%

N'thern Dul., No.l
Eed wlQter, No. 2
Hard N. Y. No. 1.
Oats—Mix'd, p. bush.

0.

Western mixed.

46
46

No. 2 mixed
Western yellow
Western white
Rye, per bush—

948
948

46ifl«48i4

47^4949
Friday, Feb. 15, 1901.
30 ®33
flour
has
shown
demand
for
wheat
a
small
The
improveWhite
32ifla'37ifl
western
56 -aei
» ....
No. 2 mixed
30i3(»31ifl
State and Jersey
ment. Sound grades of spring patents have received a modNo. 2 white
83 934
Barley—Western
63 ®73
erate amount of attention and sales made have been at full
Feedlnt;
49 955
values. Sound spring bakers also have had a moderate job
The
prices.
movement
of
More or less combreadstuffs to market as indicated in the
bing sale and have broueht firm
plaint is heard of spring- wheat flour purchased to arrive, statements below is prepared by us from figures collected
being received out of condition, due to the poor quality of by the New York Produce Exchange. The receipts at
the spring-wheat crop. Kansas flour has been held for higher Western lake and river ports for the week ending Feb, 9,
City mills have had a slightly better sale at full val- and since Aug. 1, for each of the last three years have been;
prices.
ues. Demand for rye flour has been dull, but prices have
held steady. Buckwheat flour has had a fair jobbing sale on
•I(JI<»t« «t—
nour.
fVheat.
Corn.
Oatt.
BarUv
nV*.
a steady basis of values. Corn- meal has been quiet and un-

changed.
Speculation in wheat for future delivery has shown slightly
more spirit. The tendency of prices has been towards a
slightly higher basis. The United States visible supply made
a fairly large decrease, but was offset by the heavy world's
shipments to Europe and a consequent big gain in the supThe advices from the European markets
plies on passage.
have been conflicting; those from the United Kingdom have
been inclined to be disappointing, while the Continent has
been firmer. During the latter part of the week private cable
advices were received reducing the
estimate of the
exportable surplus from Argentine.
Advices received
from the Western market to the effect that Armour
was a steady buyer of futures had a tendency to hold short
selling in check, with the result that there was no aggressive
trading on the bear side of the market. Business in the spot
market here and at outports has been reported as moderately
active, exporters being buyers. The interruption to navigation by the ice blockade in the harbor has had a tendency to
hold business in check to some extent in the local market.
To-day there was a quiet market and under limited selling
prices weakened slightly. The spot market was moderately
active. The sales for export here and at outports were
184,000 bushels,
DAILT 0LO8IKO PKIOBS OF MO, 2 BED WDTTEB IM IVElJr
8at.
Hon.
Tues,
Wed.
Thurs.
8OI3
8II4
SOie
Cash wheat f. o. b
81

YORK.

March delivery

in elev..
May delivery in elev
July delivery In elev

78%

7938
79^8

7914

79%

Holi-

day,

79''a

80ia

79^
SOH
79%

7938
80
OAILT OLOBIHQ FBIOBS OF NO, 2 SPBIHO IN CHICAGO.
8at.
Uon.
Wed.
Tues.
Thiirt.
7288
73
7378
73^9
Feb, delivery in elev
73i6
73% Holiday. 743b
7i'^
March delivery In elev...
7538
7458
76
75 ^s
May deUvery in elev

Fr\.

80^^
7938

80
79^2

BbU.196lbi Bush.eOlhi Bu$h.&Olbi Bush.»2lb»

auwankee..

73''8

75 "a

374.591
122,250

8,080,922
61,200

1,985.976

183,190

646,366

1.725.450

849,770
318.274

37,362
841.370
70,OS1

43,476

»«inth
lianeapolti.

Toledo
Oetrolt

Camas

6,600

wk.'OO.

189B-1899.

The

3,650
561.200

401.886
423.613
228,983

3.4C0,603

6,049,844

3,492.892

2,791,278

6,208,094

3.216,828

6,833,101

at—

>ewYork....
ioiton
Ulontrea!

Philadolpnia

Baltimore
Blohmond...
«*ew Orleani*.
"Jfiwport

New*

'iaiTsston

Portland.

follow

Me

Pensaoola
Mobile
gt.John, N.B
Total week.
«5Okli:00..

2,812,542

677,249
736.079

109.904
74,719

3,059,907

580,576

130,379

203,200
66,600

Corn,

bbls.

bush.

b^ish.

115,089
26,a3S
6.150
84,431
64.727
2,525
16,455

29S.200
66,132
14,700
S7,22S

939,800

119,1<'8

l.S9<J,109

5.640
572,000
32.000

76,0 1-^

4^8,359

899.876
195,467
26,960

428.400
161,958

'62,800

7.078

40.9S0

4.979
58,274
32.773

344,2!<8

1,773,608
768.347

4.627.624
2.124.301

19,758

307.201

32.866,800 3.808,490
29.841.959 4,164,493
89,436.502 7,758,905

Oati,
bu$h.
498,400
y9,291
3H,«00
131,224
133.662
64.310
180,805

SarKe

By;

busii.

20.876
8.605
3,050
28.000
9.229

6.400

13,766
146

8,860
38,291
1,184,933

Heoeipti do uot laoiade grain pawing tbroagh
tort! on Ihroagb blUt of lading.
*

9.800

:

iVneat,

11,785

Norfolk

•

18.000

and grain at the seaboard ports for

9, 1901,

.-...

• •

33.750
66,S60

10,804.551 162,?97.49e 123.341.981 97,878,785
10,938,490 139,312.338 124.817,212 97,';e9.«86
9.104,027 199.465,985 131.420,( 98 99,9S5,flS8

Flour

48,810
12,760
5,694
4,780
10,170

82.814

869,600
409.800
338,250

receipts of flour

839,900
204,260
2,659
27,740
13,000

186.289
409,200

807.034

he week ended Feb.
litceiftB

BuihAmbt B».60lh>.

121,200

52.580
30,200

City.

wk.'99.
Since Aut, 1.
1900-1901. ...
1890-1900

192,682
383.060

35,694

rot.wk.l001

^ame
jame

66,990
29.P64

29.682
......

Cleveland ...
3t. Lonla....
Peoria

Fri.

73>«

239,149

Jbioatto..

949,120

86,618
9d.l78
154.679

M«w Orltani

f or

8,561

36,733
30.249

IotoIkd

I

February

THE CHRONICLE.

16, 1901.J

Total receipts at ports from Jan. 1 to Feb. 9
follows for four years:
1900
IHHU.
1901.
RteHwU of—
rionr
(fhoat

...bnsii. ll.e76.2K5
"
27,663,918

7,3ie,f8'?

18.757.227

18,183,917

i:i.27a,5»2

7,614,0fl5

7.2tt><,4«8

6,!l2«,8fl3

»78,192
24a,880

l,B71,9ea
2il.886

l,o65.eiO

1,8«1,447

48,067,840

34,683,023

49,301,702

47,177.874

••

...
...

«Te

•

"

..

Total Brain...

The exports from the
ending Feb.

Wheat

shown

Corn,

Matprtt frofn- butA
70s,«-4

Boiton

194,088
ev.wfio
l«l,Me8
044.893
6^,^06
144.000 l,2o».27W
60.'.,94l
152,000

New

Norfolk
Newp'rt Newi 32,000
aalTeaton
431,OCO
Pensacola
Mobile
40,980
8t. Jolin,N.B

3,120,824
28,l3«,7:a
13,lHi)

MH

876.W.'ia

74,Z.S»

81.-95
10.069
11,785

ii6,930

195,497

weeh
annexed statement:

Oatt
bush.

bbl*.

65,80B
40.126
19,758

77fl,fi61

l«8,78'<

Orleani..

in the

^lottr.

huih.

Hew York

Baltimore

2,026,785

several seaboard ports for the

1901, are

9,

Portland, Me.
Pblladelphla..

1898
2 219.92!)

2,103,110

...

Barley

hk

2,19»,015

....bbll.

Corn
Oati

compare

iZV«.

bu«A.

78,428
15a,317
3H,109
220.000
199,4.'= 5
68,580

«•

>

.

Ptat,
bu»h.
8,30a

....

-

> * •

Total week ..1,893,1>^6 4,004. 9r)5
flame tlme'OO.. 1,08^.769 2,918,18U

310,838
220,407

796.200
249,802

80.378

29.663
98,024

61.613
290,051

33,91(1

The

destination of these exports for the
September 1, 19C0, is as below:

Onlted KinKdom
Oontlneni
a. & C. America.

Wntui.

.

Ftb.O

1

S4ne« Si9t

"'<!»'

Feb. 9

1900.

hhln.

hut-

'i«iih.

2H(',fl04

5 080,12«

4fi,63H

H5rt,h77

1,102,901
788.^47

12,090
24.h60

4t5.H22
517,981

,

ht,if

1900.

...

....

week and

since

C«fr..
Sln.'e Sj»J,
iPeb. 9
i. 1900.
b'iih.
luih.

Wtth

658

41J.00i

6,71.2

118.616

52,C37

810,838
Tolai
Total 1899-1800.. 2^0,407

7,06'<,2f7

1,893,185
1.08i.759

42,382,737 4,001,995 89,031,060
44,024,647 2,918.189 91.778 08 ij

6.b68,77S

The visible supply of grain, comprising the stocks il
granary at the principal points of accumulation at lake &vc
seaboard ports, Feb. 9, 1901, was as follows:
Whtat,

In

$tor$

at—

bui/t.

HewTork
Do afloat

5.847,nof
8,000

Boiton

099,000
327.000
617,000
366,000

Philadelphia
Baltimore
New Orleani
Galveston
Montreal

99,000
50,oon
2,716,000
1,014,000
666.00'

afloat

aati,
buth.
276,000

809,000
1,184,000
1,511,000
b; 5,000

119.000
97,000
204,000

18,00 U

128,000
2.000
45.100
162,000

'

13,066

1,714,000

By«,
butk.
24,000

Barin
bmii.
3i7,00b

181,0ui>

9,000

41,U0'

'56,006

e62,(J0(

4,006

418

1,554
8,702

1,391

818

296

6,428
1,187

21,603

122,746

64,072

1,55'J

The value of the New York exports for the year to date
bus been |1,011,330 in 1901, against $2, .375, 712 in 1900.
Business in brown sheetings and drills has not expanded
Purchases on home trade account have
durinc; the week.
been limited to small quantities, and export buying continues lighc. There is considerable irregularity in prices of
both sheetings and drills, with some sales made i/^«. below
Bleached cottons have sold to a
last week's bottom limits.
fuller extent through an increase in the number of small
purchases. Leading tickets continue steady, but otherwise
there is some irregularity. Wide sheetiogs are slow and
unchanged. Cotton flannels and blankets (jhiet. Dacks are
Brown osnaburgs dull
in quiet request at previous prices.
ana easy. Sales of denims and ticks have been made at easy
prices from stock goods, and the general tone of the market
for coarse, colored cottons is barely steady.
Cotton linings
are quiet but generally steady. Staple prints are in fair
demand at steady prices, with a moderate business in fancy
calicoes. Fine printed wa?h fabrics are in relatively good
demand. There has been no change in the gingham division
the demand is quiet at previous prices. Dark domets for fall
are selling fairlv well. Print cloths are inactive but steady
tor regulars.
Narrow odds barely steady and wide odds

generally 3^c. lower.

2,693,000

967,000

294,000

:5 ;

16.822.00''

184.000

't 4,00 c

4,501,00c

4fi4,uut

8,247,000
lO.OCO

Foreign Dry Goods. -L'ght- weight dress fabrics have
fair request; other woolen and worsted dress goods
slow. Silks and ribbi^'iis show an improvement in tone and

1,637,000
7,218,00c

89,0.1

1,482,000
11,000

ZiS.OOO

been in

10,000

64,000

in busine.'s doing.
Linens are quiet but strong
advices. Burlaps firm and still scarce.

Importatlousand Warehouse Wlttadrawale of OryGooA
H
?
s
s
B
S H a
B,
H
ss
o

16.000

1901». 58,494,000
1H01». 5H,7«7,000
Keb. I'l, istoot. 6M.1.04000
Feb. 11, 18B»t. 30,161000
Feb. 12, 1898+. a5.634,000
9,
2,

693

25,0'

'

825,000
881,000
27,000

11,066
695,000
28,000

32.000
2,000

21,000

16 061.000

10,290,000
9,9i9,000
5,H68,000
7,150.000
14,013,000

1,205,000
1,196,000
1,126,000
1,587,000
8,943,000

1.779,000
1.873,000

.

Feb.
Feb.

4,254

2,498

1,000

314,000
58l,>i.v

OnMiiiiBilpplRtTer.
Onliakei
On eanal and river.
Total
Total
Total
Total
Total

..

27
298
74
276

87,000

afloat

Peoria
Indlanapolli

BoTitb America...
Other Ooantrlea......

252

100

271,00c

l,019.uu>

KanaaiClty

Central America....

396
3,518

93
44,862
1,976
4,258

34.Vo'6

rtWlU'm* PUAnhnr
Dniuth
Do
afloat
Do

73
548
29
213
649
66

West Indies
Mexico

101

590,6o'i>

513,000
8,529,nn'i

afloat

Bt Lonli,

4,276
115
1,000

28
5
20,251

1

8,090,onn
1,204,000
819,000

4e4,uuv
ll,444.n«n
57,000

afloat

Mlnneapol li

1,651

Since Jan.

'"o.buO

....

afloat

487
485

Week.

1.\

2e6,oi;o

afloat

Milwaukee

Do

buih.
958,000

1,286,000

Toronto
BoHalo

Do
Toledo
Do
Oatroit
Do
Okloago
Do

Corn,

71
4
."50

Total.
•

27.387,474 1,481,453 44 00^998
14,701,tal 2,410,'^59 48;386,79«
15,404
«6,l'.i')
456,7fl9
90
27,677
446.704
7,250
147.491
278,348
13,336
692,302

Weit Indian
Br.N.Am. Colo's
Other oonntrlei

Since Jan.

1,000

Arabia
Af rloa.. .................. •
2H,513

,Sei t.

TTm/c.

[Ddla

••<«

1900.

to Feb. 11

Qreat Britain
Other European. ...... ...
China

12.867

26,357

ainc

1901.

New Tobk

8,860

"68i

riouT.

:

25,100

8,561

—

pacKages, valued at |19ft,901, their destination being to the
points specified in the tables below

buj/t.

38,291

'"^(>e>

—

Domestic Cotton Goods. Tne exports of cotton goods
from this port for the week ending Feb. 11 were 4.254

.

7.078

-

staples^ euch as Thibets, unfinished worsteds, clays aud
serges, without change in price. In low-grade good.s, such
as cotton warps, satinets and doeskin jeans, business is quiet.
Only indifferent progress has been made with overcoatings
outside of Oxford mixtures, for which the demand continues
In cloakings the market has been without epecial feafair.
ture, and flannels and blankets continue dull.

Burin

4,979
68,274
3i,778

Mte^ortt tot
'mtik and tine*
atpt. 1 to—

8^9

o

14,8^5,000
14,719,000
30 574,000
83.572,000

l,60i!,0(i'

2,9JiJ,000

New York. Friday, P. M., Feb. 15, 1901.
There has been a largely augmented attendance of buyers
in the market this week, and the effect has been seen in an
increase in the volume of business passing on the spot both in
the primary market and with jobbers. There has also been
an improvement in the business coming forward through
other channels. This is encouraging so far as it goes, but
still leaves considerable lo be desired, as in
the aggregate
trade is distinctly quieter than generally counted upon for
this stage of the season. The absence of forward buying in
all staple lines of cotton goods is marked and shows clearly
*bat neither jobbers, converters nor cutters up have'thrown
off the conservatism which has so long governed their actions.
Their immediate requirements are increasing and
these they are forced to attend to, but beyond them they are
evidently willing to take their chance of the market.
Meanwhile the tendency of prices in important directions is in
their favor, as some sellers are evidently feeling the pressure
of accumulating stocks. Short-time is being resorted to by
cotton- spinning mills, and there are indications of other

branches having curtailment of production under consideration.
In the woolen goods division also buyers are more or
less cautions, results this week being moderate in the
aggregate.

Woolen Goods.— The week's business in fancy lines of
men s-wear woolen and worsted fabrics has been disappoint-

ing in the aggregate, buyers placing orders for these with extreme caution.
There have been no open changes from early
prices, but the market is quietly irregular in a number of
directions.
A fair business has been done in some lines of

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THE DRY GOODS TRADE.

n

o

a.ees voc

Includes stocks In private elevators at Milwaukee.
tStock s In private elevators at Slilwaukee not Included.
Note.— BeKlnning July 1, 1899, the New York Produce axchange has chanKe*
Its Visible Supply Statement byincludinR stocks at New Orleans, Galveston,
Ft. William and Ft. Arthur (previously omitted) and leaving out Albanj
OsweKO and Cincinnati, formerly included.

%^
SE

on foreign

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—

— ——

—

THE CHKONJCLE.

360

% m^

^tfmwtm,

OiTY

News

Commissioners with reference to the issuance of gravel-road
bonds.
the State Legislature.— i^overnor John Walter Smith has called the State Legislature to
convene in special session on March 6 tor the purpose of correcting " errors believed to exist in the enumeration in the
recent United States Census of the population of this State,"
and also to enable the city of Biltitnore to improve the sewerage system of that city.

Marvland.— Special Session of

VtAh.— School Debt Limit.— The Senate has passed Senate

Bond Proposals and Negotiations
week have been

Bills Introduced.

Jackson -H.

Clay County, S. Dak.— Bonds Redeemed. —The Board of
County Commissioners has redeemed $12,000 bonds, the last
of an issue made some years ago in aid of the State Univers-

—

Cole County, Mo.— Bond Call. Interest ceased on Jan. 1,
on bonds Nos. 29 to 38, inclusive, each for $500. Bonds
were dated Jan. 1, 1888, and bear 5% interest.
Concord (P. 0. West Concord), Tt.— Bond Call.—B.. C.
Wilcox, Town Treasurer, called for payment February 15,
Nos.
1901. the following b% refunding bonds, issued in 1885
1 to 48, inclusive, in denomination of $500; Nos. 1 to 19, inclusive, in denomination of $200; Nos. 1 to 22, inclusive, for
$100 each, and Nos. 1 to 14, inclusive, for $50 each.
Gallatin County, 111.— Bond Call.— John McKelligott,
County Clerk, has called for payment March 1, 1901. at the
State Fiscal Agency in New York City, $190,000 6^ funding
bonds, bearing date July 1, 1885.
Idaho. Warrant Call. The Portland "Oregonian" on
January 18 stated that "State Treasurer Plummer has,
within the past 24 hours, redeemed $55,000 in State warrants,
and announces that within ten days he will issue a call for
the redemption of all the other outstanding warrants, and
when these are paid, for which the funds are on hand, the
State will be upon a cash basis."
Joplin, Mo. Bond Call.— Oa Jan. 1, 1901, interest ceased
on 6^ bonds Nos. 33 to 39, inclusive, each for $500, dated
July 1, 1890.
Kooteuai County, Idaho.— Warrant Call.—The County
Treasurer has called for payment all county warrants issued
1901,

:

—

—

prior to April 9, 1900.
Lathrop City, Mo.

Bond

— This

city has called for
payment bonds Nos. 51 to 55, each for $100, dated July 1,
1883
Interest, which was at the rate of |5^, ceased on Jan.
1,1901.
New Mexico.— Certificate Call. Territorial Treasurer J.
H. Vaughn on January 29 called in 20^ of the deficiency certificates of $150,000 authorized by the last Legislative Assembly. The certificates called in were selected by lot and will
cease bearing interest in thirty days from date.
New Orleans (La.) Drainage District. Bond Call.—B,. M.
Walmaley, President, has called for payment March 1 at the
Call.

—

Louisiana National Bank,
bonds and certificates of this
Plattsburg,',Mo.

New

Orleans, the outstanding

Bond Co Zi.— Interest
5,

ceased Jan. 1, 1901,
bearing b% interest and

dated Jao. 2, 1889.
Sussex County, y2i.—Bond CaZZ.- Notice is given to the
holders of bonds Nos. 50 to 119, inclusive, issued in payment
of a subscription to the capital stock of the Atlantic & Danville Railway Co., to present the same for payment at the
office of John B. Jarratt, County Treasurer.
Taney County, Mo.— Bond Call.— Oa Jan. 5, 1901. interest
ceased on 6^ bond No. 23, dated Nov. 13, 1883, and in denomination of $1,000.

Tensas Basin (La.) Levee District.—Bond Call.—H. R.
Speed, Secretary, has called for payment March 1 at his
Monroe, La., bonds Nos. 51 and 53 of "Series A" and
Nos. 10 to 25, inclusive, 27, 31, 32, 43, 45, 46, 48, 49, 51 to 85,
inclusive, and 88 to 96, inclusive, of "Saries B." The firstnamed series are dated March 1, 1837, and the last-named
office in

,March

1,

and

light

Mobile Co.— H.

B. No. 1027, authorizing $100,000 jail bonds.

filONTGOMEEY— H. B. No. 947, authofiziug light bonds.
MoNTGOMEEY-H. B. No. 1181, authorizing $ 00,000 bonds.
1

NoRTHPOBT H.

Tdscaloosa
Tdscaloosa

B. No. 1289, authorizing school bonds.
Co.— H. B. No. 1032, authorizing bridge bonds.
Co.— H. B. No. 1034, authorizing $2u,000 refunding

bonds.

Bills Passed by Senate.
Andalusia— 8. B. No. 302, authorizing $10,000 school bonds.
Calhoun Co.— 8. B. No. 496, authorizing court-house bonds.

Elba— S.

B. No. 509, authorizing water and electric bonds.
Greenville -S. B. No. 379, authorizing $l 5,000 water bonds.

Montgomery Co.— 8. B. No. 492, amhorlzing $5o ooo road bonds.
Roanoke— 8. B. No. 431. authorizing water an d light bonde.
Bills Passed by House.

Abbeville— H.

B. No. 1056, authorizing $10,000 water

and

fire-de-

partment bonds.

ALhXANDEBCiTY-H. B No. 1077. authorizing $20,^00 water bonds.
Colbert Co.— H. B. No. 788, authorizing $210,000 refunding
bonds.

Etowah Co.— H.

B. No. 1170, authorizing $10,000 current expense

bonds.

HUNTSVILLE-H. B. No. 1007, authorizing $60,000 bonds.
Jackson Co.— H. B. No. 1021, authorizing road and bridge bonds.
Pike Co.— H. B. No. 863, authorizing road bonds.
West End, Jefferson Co.— H. B. No. 1262. authorizing bonds.
Winston Co.-H. B. No. 1070, authorizing $30,000 refunding bonds.
Bills Passed by Legislature.

Bessemer— H. B. No. 344, authorizing school bonds.
Clayton— H. B. No. 1009, authorizing water bonds.
Cullman— H. B. No. 89 >, authorizing $10,OuO light bonds.
Decatur— H. B. No. 857, authorizing sewers.
J

ACKSONViLLB-H. B. No. 371, authorizing water bonds.

Mobile— H. B. No. No. 557, authorizing $60,000 funding bonds.
Montgomery- S. B. No. 359, authorizing $25,000 hospital bonds.
Montgomery -H. B. No. 448, authorizing paving bonds.

Opehka— S

Selma— H.

B. No. S07, authorizing $100,000 sewer bonds.
B. No. 1057, authorizing market and fire-department

bonds.

Talladega— S.

B. No. 294, ratifying

and confirming Issue

of $50,-

000 bonds.

Albany, N. Y.—Bond Sale.— Oa February 13 the $104,000
refunding water, $10,000 Beaver Park and $10,000 publicbath d}{% 1-20 year (serial) bonds were awarded to the Albany
Savings Bank at 104— an interest basis of about 3 053^. On
the same day the §65,000 3%% 1-5-year (serial) improvement
bonds were awarded to the People's Trust Co. of Brooklyn at
lOl'll an interest basis of about 3'11^. Besides the abovementioned institutions, the following firms were represented
Parson, Leach & Co., M. A. Stein, Allen, band
at the sale
Co., N. W. Harris & Co., Harvey Fisk & Sons, Goldman,
Sachs & Co. and W. R. Todd & Co., all of New York City,
and W. J. Hayes & Sons of Cleveland.
For description of
bonds see Chronicle Feb. 2, p. 252.
Anaheim School District, Orange County, Cal.— Bond
Election.— An election will be held February 19 to vote on
the question of issuing $12,500 high-school-building bonds.
Aiisonia, Conn. Bunds Proposed. The issuance of building bonds is being considered in the State Legislature.
Bates Coanty, Mo. Bond Election. An election will be
held February 23 to vote on the question of issuing |50,000
court-house bonds. A like proposition was voted upon at
the general election last November, but was defeated.

—

:

&

—

—

Beaumont, Texas.— Bonds Re- awarded.—The $115,000 5%
20-40 year (optional) bonds awarded last November to N. W.
Harris
Co., Chicago, have been re-awarded, it is stated, to
Duke M. Farson of the same city at 105.

&

Belington, W. Ya.—Bond Election.— In the near future
an election will be held to vote on the question of issuing
bonds for an electric-light plant.
Bradley County, Tenn.— Bonds Proposed. This county

—

seeks legislative authority to issue $85,0u0 road bonde.

district.

on a tive-hnndred-doUar bond, No.

B. No. 1145, authorizing $15,000 water

bonds.

Calls and Redemptions.

decided to purchase $20,000 of the $1,295,000 Austin water
and light bonds from Major R. J. Breckenridge, paying
$14,5'!0 for the same.
Callaway County, Mo.— Bond CaZZ.— Interest ceased on
Feb. 1, 1901, on 5jf bonds Nos. 66 to 70, inclusive, for |500
each, and bond No. 139 for $1,0C0, all dated Aug. 1, 1817.
Canton City, Mo.— Bond CaU.—This city called for payment Jan. 1, 1901, bonds Nos. 3, 4 and 5, each for §500, dated
Dec. 2S, 1889. Interest was at the rate of 5%.

for

various purposes.

Aastin, Texas.— Bonds Purchased.— The City Council has

ity at Vermillion.

:

Bessemer-H. B. No. 1136, authorizing water bonds.
Bessemer— H. B. No. 1310, authorizing electric-light bonde.
Enslet, Jefferson Codntt—H. B. No. 1024, auhorlzing bonds

15,

Bond

as follows

this

Alabama. Acts of the State Legislature. We give below
various bond bills which have been under discussion in the
State Legislature, giving,the present status ot the same.

increasing the limit of bonded and existing indebtedness of school districts from 2 to 4 per cent of the
assessed valuation.

No.

[Vol. LXXII.

—

Items.

Indiana.— Bond Bill Signed.— The Governor has signed
House Bill No. 8, legalizing all acts and orders of the County

Bill

——— ——

—

1898.

Westfleld, N. J.— Bonds Piirchased.— This township has
purchased $5,000 of its outstanding 4:}4% sewer bonds, namely,
$3,000 maturing July 1, 1901, and $2,000 maturing July 1,
Bonds have been canceled. Some of the papers have
1907.
erroneously reported this transaction as a sale by the township of an issue of bonds.

Brauchvlile (S. C.) School District.- Sond

Bill Passes
Senate has passed a bill permitting this
district to issue school- building bonds.
Brockton, Mass. Bonds Proposed. This city has petitioned tbe State Legislature for authority to issue $100,000
additional water bonds.
Calais, Me.— Bond SaZe.— This city has sold an issue of
$9,000 A% 15-year bonds to Rogers, Newman & Tolman, Boston, at 109"47. The following bids were received and opened
for these bonds on Jan. 25, 1901 :
104*00
Ropers.Newman & Tolman, Bo8.106'47 Calais Savings Bank
109-156
S. K. May & Co.. Lewiston

Senate.

— The State

—

I

I

Securities are dated Feb. 1, 1901, and the interest will be
payable semi-annually at the National ShawmutBank of

I

Boston.

Campbell Coanty, Tenn.— Bo«ds Proposed.— A

probefore the
bill

viding for the issuance of $100, COO road bonds Is
State Legislature.
Carson City, Nev. Bonds Defeated.— At a special election
held recently the question of issuing bonds for the purchase
of the Carson water works was voted upon and defeated.
Cedar Rapids, Iowa. Bonds Authorized. This city has
been authorized to issue $100,000 5% lO-year bonds for the
construction of storm water sewers. Securities will be in

—

February

THE CHRONICLE.

16, 1901.

denomination of
termined upon.

$1,000.

The date

of sale has cot been de-

Chelsea, Mass.— Loom Authorized.— The City Treasurer
has been authorized to borrow |350,C00 in anticipation of the
collection of taxes.

—

Chicago (111.), South Park.— Bonds Proposed. A bill has
been presented ia the State Legislature providing for the
issuance of $500,000 bonds. If the biil is passed in time the
question of issuing these bonds will be submitted to a vote
of the people at the spring election.
Cleveland, Ohio.— Bonti Q//"eriwflr.— Proposals will be received until 12 M., March 12, by Charles P. Salen, City Aud10-year Cleveland;ElBvated Roadway bonds,
dated May 1, 1901, and $30,000 4$ 10 year sewer district
bonds, dated April 1, 1901, Securities are in denomination
of $1,000. Interest will be payable semi-annually at the
American Exchange National Bank, New York City, A certified check for 5% of bonds bid for, payable to the " Treasurer of the City of Cleveland," must accompany proposals.
All bids must be made on blank forms, which can be obtained
from the City Auditor.
Colorado Springs, Colo.— Bids— Following are the bids
received on February 4 for the $190,000 i% 15-30 year (op
tional) refunding water bonds

itor, for $60,030 4^

:

& Sons, Host.. 1199.633 00 ReasonKood & Maver. Ci n... 1198,335 oo
W. J. Hayes & Song, Cieve.. I99,4(i2 00 TrowbridKe & NiverCc.Chl. 198.'<!.j1 00
19W,2t8 00 Farson, l^each & Co., Chic. 1H7,»8() oo
Spltzer&Co.. Toledo
Harris, HuUon
Co.. N. Y. 198,823 00 R. Kleybolte & Co., Cincin.. i97,e>59 6i)
N. W. Harris & Co., Chic.
198,881 0!) Feoer, Uolzman & Co., Cln.. 190.0OO uo
K. H. Rolling

,

I

St,

I

. . .

I

As

Stated last week, bonds were awarded to E. H. Rollins
Boston, at 105-07.
Colnmbas, 9a. Bond Election, The City Council has decided to sulDmit the question of issuing $125,000 eanitary
sewer bonds to a vote of the people.

& Sons,

—

Concord, M. H.—Lcan Authorized.— The City Council has
authorized a temporary loan of §50,000 to meet currtnt ex

351

Fort Edward, N. Y.—Bond O^ertncr.— Proposals will be
received until 12 M., February 28, by W. F. Tasker, Village
Treasurer, for $18,000 4% .judgment bonds. Securities are
in denomination of $1,000, dated March 1,1901. Interest
will be payable semi- annually at the First National Bank of
Fort Edward. Principal will mature $1,000 yearly on March
1 from 1906 to 1923, inclusive.
Fostoria, Ohio.—Bond Offering,— Propofialn will be received until 1 p. M., February 25, by J. M. Scbatzel, City
Clerk, for $12,500 4^ refunding bonds. Securities are issued
under authority of Section 2701, Revised Statutes of Ohio.
They will be dated the day of sale and will mature March 1,
Interest will be payable March 1 and September 1 at
1921,
certified
the Chase National Bank, New York City.
check for $500 will be required.
Franklin, N. U,— Bonds Authorized.— The City Council
has authorized the issuance of $80,000 refunding bonds.
Franklin (Pa.) School District.— Bond Election.— A.t the
coming election this district will vote on the question of
issuing $30,000 school- building bonds.
Frederica, Del.— Bond Bill Passes House. A bill providing for $5,000 fcchool bonds has passed the House of the State
Legislature.

A

—

Wrant Cily(Mo.) School District.— Bond

.E/cciton

—This

hold an election to vote on the question
of issuing |20,000 bonds.
Greene County, Ohio.— Bond O^enng.— Further description is at hand of the $100,00 J 4% 5 29- year (serial) gold bonds,
bids for which will be received until 12 M., February 28, by
the Court House Building Commission at the office of the
County Auditor. These bonds are in denomination of $500,
dated March 1,1901. Interest will be payable semi-annually.
A certified check for $1,000, payable to Asa Little,
district will shortly

County Treasurer, must accompany bids.
Hrcenfleld, Ohio —Bids.— Following are the bids received
February 6 for the $10,000 4% electric-light and water bonds

:

penses.

Corsicana (Texas) School District.- Bonds Fofed.— This
on Januarys voted to issue $25,0C0 school- hou^e
bonds. These bonds, we are advised, will not be issued

district

May.
Cuyahoga County, Ohio.— Zoan Negotiated— We

until April or

are advised that the commissioners of this county have negotiated
a loan of §50,000 with the American Exchange National
Bank, Cleveland, at 5%. Loan will mature Feb. 6, 1902.
Detroit, Midi.— Bowds Proposed.
bill has been prepared for submission to the State Legislature providing for
the iESuance of $1,000,000 library bonds.
Dickson, Tenn.— Bonds Proposed.— The issuance of water
and electric- light bonds is being talked of in this place.
Dover, Del.— Bond Bill Passes Legislature. The State
Legislature has passed the bill authorizing the issuance of
$4,000 electric- light bonds.
East Aurora, N. Y.—Bond Bill Passes Legislature.— The
Legislature has legalized the isfcuance of assessment bonds
of this village.
East Pittsburg, Pa.— Fo^d O/'erinfif.— Proposals will be
received until 6:30 p. m., February 25, by Joseph H. Preston,
Chairman Finance Committee, for $55,000 5% bonds. Securities are in denomination of $500, dated Jan. 1, 1901.
Interest
will be payable semi annually and the principal will mature
yearly on January 1 as follows
$1,000 in the years 1902 to
1907, inclusive; $1,500 from 1908 to 1915, inclusive; $2,000
from 1916 to 1921, inclusive;, $2,500 from 1923 to t924, inclusive, and in 1926; $3,000 in 1925 and from 1927 to 193 ),
inclusive.
certified check for $1,000 must accompany pro-

—A

—

:

A

101-01
HiKhlandCo. Bank
W. .1. Hayes & sons, Cleveland. lOffeO
101-66
Cincin
K. Kleybolte &Co..

W.

Todd &

R.

Co., Cincinnati. ..101-60

I

N.

W. Harris*

Lamprecht

1

New

Co.. Chicago
Bros. Co.. Cieve

Ist Nat. B'k,

|

As reported last week, the bonds were awarded to the
Highland County Bank of Greenfield at 101 01, this institution being the only bidder, it is stated, to comply with the advertisement, which required cash for the bonds on day of
sale.

Groton (Conn.) School District No. l.—Bon.'is Proposed.—
This district has voted to petition the State Legislature for
authority to issue $40, OtO bonds.
Indianapolis, luA.— Temporary Loan —This city on February 1 borrowed $40,000 from the Capital National Bank
of Indianapolis at si interest and a premium of $50. Loan
I

matures Jane 1, 1901.
Jackson, Tenn. Bond Election.— We are advised that this
city will shortly vote on the question of issuing $50,000 cityhall bonds.

Jefferson County,

Tenn.— Bonds Proposed.— A

vidins: for the issuance of $300,000

road bonds

is

bill probefore the

Legislature.

Lincoln, Neb.— Bond SaZe -On February 11 the Barber
Asphalt Co. was awarded $11,500 of the $42,600 5% 110-year
(serial) bonds offered for sale on that day at 100-75 and the
remaining $31,100 bonds were taken by the American Savings
Batik of Lincoln at 100-16. For description of bonds see

Chronicle Jan. 19, p. 151.
Linds^ay, Ont.— Debenture Offerivg.-ProvoB&la will be received until 12 M., February 27, by F. Knowlson, Town
Treasurer, for $37,017 14 4i debentures.

posals.
Ellisyille,

Columbus

101-28
101-27
101-07

These securities

Miss.— Bonds Authorized.— The City Council will be re-payable in annual instalments, $15,849 14 in from
has authorized the issuance of $15,000 electric-light and one to ten years and $21,168 in from one to twenty years.
Madison County, Ind. Bor.ds Authorized.— The County
water-works bonds.
Evanstou, Ohio.— Bond Sa^e.— On February 11 the $7,433 22 Commigsioners have authorized the issuance of $21,000 4},i%
Woodburn Avenue, $21,098 05 Langdon Avenue, $7,743 60 Stoney Creek Township gravel-road bonds.
Manchester, N. H. Loan Authorized.— The City TrenBuier
Kerper Avenue 5% 1-10-year (serial) improvement bonds were
awarded to T. F. McClure & Sons, Cincinnati, at 105. On has authority to borrow §300,000 in anticipation of the colthe same day the $4,523 25 5% 1-10- year (serial) Brooks Ave- lection of taxes.
Marion (Ind.) School District.- Bond Bill Passes House.
nue bonds were awarded to Seasongood & Mayer, Cincinnati,
House bill No. 84, authorizing library-building bonds, has
at 105-18. For description of bonds see Chronicle Jan. 12,
passed the lower body of the State Legislature.
p. 99.
Massachusetts.— 7'e7n/)o?-a?-?/ Loan. On February 11 a $1,Everett, M&9S.— Bonds Proposed
This city seeks legislative authority to borrow $100,000 outside of the debt limit 000,000 temporary loan was awarded to the National Shawraut Bank of Boston at 2-96:? interest per annum. The refor sewer purposes.
Fall River, Mass.— Bonds Authorized.— The issuance of maining $1,000,000 offered on that day was not awarded, as
$133,000 highway, $25,000 sewer and $20,000 water-extension the bids were considered unfavorable by the State authoribonds has been authorized. These securities will be issued ties. Following are the bids received
in denominations of $1,000 or multiples thereof, and will Nat. Shawmut Bank.. $1.000,000® 2 -98* Bond & Goodwin
|2.O00.000®S-10t
8,000,0«0@8o8« Kdserly « Crocker.
I,000,000(a3-155
bear interest at the rate of 3^^^. The highway bonds will Blake Bros. & Co
be dated Feb. 1, 1901, and will mature Feb. 1, 1911; the
Loan matures Nov. 15, 1901.
sewer and water bonds will be dated April 1, 1901, and will
Memphis. Tenn. Bondi Bill Passes Legislature. The ismature April 1, 1931.
suance of $350,000 park bonds is provided for in a bill re-

—

—

—

:

1

I

Bond Offering.— PropoBols

will be received until 10 a. sr.,
by Chas. P. Brightman, City Treasurer, for the
$133,000 3%% bonds mentioned above. Securities are in denomination of $1,000, dated Feb. 1, 1901. Interest will be
^myable semiannually by check.
Principal will mature
Feb. 1, 1911. Accrued interest is to be paid by purchaser.
A certified check for $2,500 must accompany proposals.
Findlay, Ohio.—Bond Sale.— On February 7 the $16,000 i%
bonds of sub Distritt No. 1 of Sewer District No. 2 and the
$9,000 i% bonds of Sewer District No. 3 were awarded to W.
J. Hayes & Sons, Cleveland, at 102-40— an interest basis of
about S14%, For description of bonds see Chronicle Jan. 12,
p. 99.

20,

.

.

—

—

Jebruary

.

cently parsed by the Legislature.
Merrill, Wis.— Bonds Authorized.— The City Council has
authorized the issuance of $40,000 high-school-building and
$12 000 bridge bonds.
Middlebnry, Yt.— Bonds Authorized.— This town has been
autnorized to issue $50,000 4i water works bonds. Securities
will be in denomination of $1,000, dated Miy 1. 1901. ^In-

payable in May and November in New York
or Boston. Principal will mature May 1. 1941, subject to
call after May 1, 1931.
are advised that these securities
will probably be offered for sale about April 1.
Middletown, Conn.— Bonds Proposfd—X bill will be introduced in the State Legislature authorizing the issuance of
terest will be

We

—

THE CHRONICLE.

352

$50,000 hospital bonds; also |53,000 refunding and $70,000
city-improvement 'd%% 20- year bonds.
Michigan.— 4c<s of the State Legislature.— "We give below
varions bond bills which have betn under discussion in the
State Legislature, giving the present status of the same.
Bills Introduced.

Bebrien Springs— n. B 124, legalizine certain bonds.
ESCANABA— 8 B. 79, anthori'/ii)g $2o.000 BChoolliouse bonds.
Lake Linden, HouGnxoN Co.— S. B. 157, authorizing $75,000

re-

funding bonds.

Lawrence Township, Van Bueen Co.— H.
loan for a town

B. 140, authorizing a

hall.

Marquette- H. B. No. 158, authorizing water bonds.
PRE8QUE Isi.E Co — S. B. 162. authorizing $30,000 refunding bonds.
Saginaw— H. B. No. 234, authorizing sidewalk bonds.
BILLS Which Have Passed House.
South Arm, Charlevoix Co.-H. B No. 122, authorizing $15,000

road and bridge bonds.
Bills which,- Have Passed Senate.
Decatur, Van Buben Co.— S. B. 88, authorizing a loan of ,$5,000 to
finish

town

hall.

Bills which Have Passed Both Senate and House.
Bay County- Authorizing $100,000 road bonds.
Babaga County— H. B. no. 167, legalizing certain bonds.
Garfield Township, Newaygo Co.— H. B. No. 31,ilegaliz1ng bonds.
Hancock School District No. I— H. B. No. 42, authorizing $15,000
bonds.

Harbor Springs- S.

B. No. 64, authorizing $10,C00 electric-light

bonds.

Mecosta— H. B. No. 185, legalizing $3,000 bridge bonds.
New Baltimore— H. B. No. 201, authorlzlDg electric light bonds.
New Baltimore— H. B. No. 2tO, legalizing $2,C00 electric light
bonds.

South Arm Township—H. B. No. 6, authorizing bonds.
Middletown, Ohio.— Bond O^ering.— Proposals will be

ceived until 12 M., March
for the following bonds

4,

re-

by Frank Stevens, City Cierk,

:

$9,790 5% street-paving bonds, in denomination of 1979.
6,050 b% street assessment bonds, in denomination of $505.
417 5* sev, er -assessment bonds, in denomination of 41 70.

A

Milwaukee, Wis. Bonds Authorized.— The Common
Council has authorized the issuance of $160,000 street-improvement, $50,000 park, $250,000 school and $100,000 fire-

NEW

LOANS.
j^so,ooo
GARFIELD CO., WASH.,
COURT-HOUSE BONDS.
hereby given that the Board of County
Commissioners of Garfield County, the State of
Washington, will receive sealed bids for the sale of
bonds in the sum of Twenty Thousand Dollars,
issued for Court-House purposes.
Said bonds are to be in denomination of one
thousand dollars each and to run for twenty years,
with one-half thereof to be issued May Ist, 1901, and
the remaining half on the first of September, 1901.
Interest to be paid annually and both principal and
interest to be paid at the office of the Treasurer of
Garfield County, in the City of Pomeroy, Washingis

21st, 1890.

Bids will be received up to noon March 4th, 1901,
and must be addressed to the Auditor of Garfield
County, Washington, and marked "Bid on CourtHouse bonds,"
The Board hereby reserving the right to reject
any and all bids.
J. A. STRAIN,
Auditor and Ex-Offlcio,
Clerk of Board.

N.

to a third reading.

various school districts.
MoQDt Vernon, N. Y. Bonds Proposed.— bill now before
the Senate permits the Board of Eiucation to issue bonds
for improvement of school houses and to purchase grounds
for play- grounds.
Nashville, Tenn. Bonds Proposed. The City Council has
passed a resolution requesting the General Assembly for
authority to issue $350,000 sewer^bonds and $250,000 streetimprovement honds.
Negannee, Mich.— Bonds Proposed. The issuance of $30,000 school bonds is being considered.
New Albany (Miss.) School District.—Bonds to be Issued.
This district will probably offer for sale in March an issue
of $10,tOO 5% 20-year building bonds, in denomination of
$1,000 ^ each. The date of sale is yet to be determined
upon.
Newbern, Tenn.— Bond Bill Passes Legislature.— The
State Legislature has passed the bill providing for the issuance of $5,000 electric-light and water bonds.
New Canaan, Conn.— Bonds Proposed. This place seeks
legislative authority to issue $30,000 bonds.
New Castle County, Del. Bonds Proposed.—The County
Levy Court has passed a resolution asking the|State Legislature for authority to issue $170,000 four per cent bridge
bonds.
Newfleld, Tompkins County, N. Y.— Bond Safe.— On
March 1 this town will issue $45,000 S}4% refunding railroadaid bonds. Principal will mature $1,000 in 1902 and $2,000
yearly thereafter until paid.
are advised by Mr. W. H.
Van Oatrand, Town Supervisor, that these bonds have been
sold on a S}4% basis.
New London, Conn. Bonds Proposed. Permission is asked
of the State Legislature to issue $300,000 water and $100,000
school bonds.
North Adams, Mass Loan Authorized. The City Council has authorized a loan of $11,000 to complete school build-

A

—

—

—

—

—

—

ings.

BOSTON.

Chicago.

Companiet'

Light

Oovemmtnt and Municipal Bonda Botight

and

CO.,

NEW YORK.

8

31

NASSAU STREET,

-

NEW YORK

Exchange Place, Boston.

131 Enclld Avenue, Cleveland.
FOR

SAVINGS BANKS and TRUST FUNDS

Perry, Coffin

BONDS A SPECIALTY.

b%

EDW. C. JONES
NHW YORK.
PHILA.,

-

.

<&

CO.,

&

Burr,

INVESTMENT BONDS,

NASSAU STREET.

-

1

-

112 80.

FOURTH

ST.

6o State Street,

MUNICIPAL

BOSTON.

AND

Corporation

Service

Public

BONDS.
ROLLINS & SONS,

Denver.

BOSTOSf.
San Franeisco.

MUNICIPAL BONDS.
Securities Netting from S}4 to Q%

ALWAYS ON HAND.
Send for our Investment Circular.

OUKE M. FARSON,
Municipal Bonds.

"5

Banker,

Dearborn Street,

CHICAGO.

N. Brown & Co.,
BANKERS,
CEDAR STREET, NEW YORK.

James
Blodget, Merritt

&

Co.,

BANKERS,
Congress Street, Boston.
New York.

STATE, CITY & RAILROAD BONDS
Boiids and InTestment Securities

D. H. LIVERMORE,
SUCCESSOR TO
ROSENBERGER & L.IVERIVIORE

LISTS.

Investment Securities

15 Wall Street.

SECURITIES.

SEND FOR

,

Bonds.

New York.

^^"''^KuumZT'''^
Building)

Cable Address :— SABA.

16

SOUTHERN AND WESTERN

Grade

High

Sold.

Quotations furnished for purchase, sale or exchange
St.,

DEA.IiBR8 IN

way, Oas and Electric

AVAILABLE IN ALL
PARTS OF THE WORLD.
31 Nassau

OENISON, PRIOR & CO.

in Bonds oj
Railroad, Street Rail-

AND CORPORATION BONDS.

FARSON, LEACH &

INVESTMENTS.

Deal

Issue Travelers'
Letters of Credit

MUNICIPAL, RAILROAD

CHICAGO.

—

Minnesota.— Loans Authorized. The State Board of Investment recently authorized loans aggregating $13,047 to

BANKERS.
New York.

E. H.

February Investments,

department bonds, An ordinance providing for $150,000
sewer bonds has also been introduced and has been passed

INVESTMENTS.
W. HARRIS & CO.,

ton.

Said bonds are to be issued in strict compliance
with a statute of the State of Washington entitled:
"An Act authorizing and empowering the organized
Counties of the State of Washington to contract Indebtedness and to issue bonds for funding the same
and declaring an emergency," Approved March

fVoL. LXXII.

We

Securities are all dated Feb. 1, 1901. Interest will be payable semi-annually and the principal will mature one bond
certified check for $100 will be reof each issue yearly.
quired.

Notice

— —— —

"

TO NET FROM

3

TO

intehjest

POWELL &

WOODSTOCK, VERMONT.

allowed on deposits.

Orders executed on N. Y. Stock Exchange.

MUNICIPAL BONDS.
E. C.

ti%.

CORRESPONDENCE INVITED.
CO.,
B.

HARRY

No. ea

Dealers in Covernment, Municipal, Rail*
road and Corporation Bonds.

121

Stanwood &

Co..

BANKERS,
Devonshire Streets

BOSTON.

February

THE CHKONICLE.

16, ISll.j

North Carolina.— -.dc^s of the State Legislature,— We give
below the status of various bond bills which have been under

authorized, will be dated March 1, 1901, and the interest will
be payable semi-annually.
Paterson, N. J.— Bond Offering.— PTopoaaila will be received until 2 P. M., February 28, by the Committee on
Finance of the Board of Aldermen, John Johnson, Chairman, for 1150,000 4^ street-improvement bonds. Securities
are in denomiration of §1,000, dated March 1, 1901. Interest
will be payable semi- annually and the principal will mature
certified check for 5;? cf the amount of
March 1,1911.
bonds bid for, payable to the City Treasurer, must accom-

discuesion in the State Legislature:
Bills Intkoduckd.
Elizabeth Citt— Authorizing water and Bewor bonds.
Forsyth Co.- Authorizing funding bonds.

Franklin County— Authorizing bridge bondB.
Halifax— Authorizing bonds.
Harnkt Co.- Authorizing bridge bonds.
McIJowKLL Co— Authorizing court house bonds.
M URFRKEHHORO TOWNSHIP.— Authorizing funding bonds.
Pilot Mountain- Auihorlzing bonds.

A

pany proposals.

WiLKESiiOKO— Authorizing refunding bonds.
Wilson County— Authorizing court-house bonds.
Bills Passed by IIousb.
Dunn, Harnett Co. Authorizing Improvement bonds.
Franklin, Macon County— Authorizing bonds.
Halifax Co.— Authorizing funding bonds.

PIqaa, Ohio.— Bond Election.— An election will be held
April 1, 1901, to vote on the question of issuing water-worksimprovement bonds.
Poplar Bluil, M.O.— Bond Election.— At the coming election the question of ist-uing |3,000 city-hall and jail bonds
will be submitted to a vote of the people.
Port Huron, Ind. Bonds Proposed, Senate Bill No. 250,
recently introduced, provides for the legalizing of certain
bonds of this town and permits them to be rt funded.
Portsmouth, Ya.— Bond <yaie,- On February 11 the §50,000 4^ paving and grading bonds were awarded to SeasonMayer, Cincinnati. For description of bonds see
good
Chronicle Feb. 2, p. 254.
Princeton (IlL) School District No. 1.— Bonds Voted.—
This district has voted to issue $15,000 i% Echool-houie bonds,
to mature |2,500 yearly on April 1 from 1903 to 1908, inInterest will be payable annually.
clusive.
Reading, Mass. Bonds Proposed. The State Legislature
has been petitioned to authorize the issuance of |25,000 additional water bonds.
Reidsville (N. C.) School District.—Bonds Proposed.—
This district will ask the State Legislature for authority to
issue .$15,000 school bonds.
Kipley, Tenn. Bonds Proposed.— This place seeks legislative authority to issue $10,0C0 funding bonds.
Rochester, N. Y.— Bor.ds Proposed.— A bill now before the
State Legislature provides for the issuance of $70,000 Hemlock Lake bonds. Another bill permits the issuance of $300,0O!j S}4% 5-10-year (optional) school bonds.
Rocblogbam Co., N. R.— Bonds Pnjjosed.— Legislative
action is being sought to permit the iesaanceof |35,000 bonds.

EiOH PiiiNT— AuthorizinK bonds.
Waynesville- H. B. authorizing water and sewer bonds.
Bills Passed by Senate.
Concord- Authorizing the issuance, of $12.5,000 bonds.
DuBiiAM— Authorizing the if suance of market-bouse bonds.
GUBKNviLLE— S. B. authorizing bonds.
Ealkiou— 8. B. authorizing $50,000 bonds.
Reidsville School District- 8. B. authorizing bonds.
Bills Passed by both House and Senate.
Charlotte— H. B. authorizing .$40,000 funding bonds.
Fkanklin Co.— H. B. authorizing tlie isnuanoe of bonds.
Goldsuoro School District- Autlioiizing bonds.
Gbaiiam, Alamance Co.— H. B. authorizing water bonds.
High Point— H. B. authoiiziug the isftuance of bonds.
Marion— H. B. authorizing the issuance of bonds.
Scotland Co.— H. B. authorizing bonds.
Northiielil, M.Si»s.—B(.'nds Proposed.— The State Legisla-

—

&

—

ture ie coDsidt ricg a bill providing for the issuance of |30,000
bridge bonds by this town.
Oneida County, N. Y.— Bonds Proposed. This county is
considering the question of building a court house. At the
present time a committee is at work preparing estimates, etc.,
as to the coat of the building, and it is expected that they
will report to the Board of Supervisors some time in February, when the necessary resolutions providing for the
issuance of bonds will be acted upon.
PHSSaic, N. J.— Bonds Propo.sed. — The City Council is considering an ordinance providing for the issuance of $50,000
S}4% 10-19-year (serial) school house bonds. Securities, if

—

INVESTMENTS.

$76,000
STATEofCOAHUILA,
OF
MEXICO,

U. S.

GCLD BONDS.
Price to yield

&

Trowbridge
First

Co.,

&,

CO.

BANKERS,
CHICAGO.

Choice

Railway and Gas Companies.
LIST ON APPLICATION.

T. B. POTTER,
MUNICIPAL and onkinc

M ACFARLANE&
Co.
BSOKMKS,
DULUTH. MINN.
BANXiEItS

-

.

Barstow, Jester&Co.
RAILROAD,

CORPORATION,

New
Ust on

ATLANTA GA.

F. R.

FULTON & CO..

Municipal Bonds,
171

la salle street

CHiCAGO.

DEALERS

INTESTMENT

and

C MORRIS, President.

EDWARD

of

&

/C/

81.000.000
8^00,000

OFFICERS:
F. J. Klpp, Cashier.
BiGBLOW, Pres't.
Wm. Bioklow, V.-Prest. T. E. Camp, Asst Cashier

IN

MISCELLANEOU^

San Francisco.

K"i''

Jt TllO.HAiS.

Chlcngo,

III.

First National

Bank

OF SAN FRANCISCO, CAXUNITED STATES DEPOSITARY.

client of ours hasabloclj of liiiih-clnss

L.OUD

-

P. Q.

water bonds, wbich we can recom
as very attract ive and sound securities for
conservative invesKirs and ihey can be Dovijjht to
net b^ per cent. For det.iiis addre*",

mend

PROFITS,

Traiuacts a General Banking and Foreign Exohan««
Business. Collections receive Specl&l Attention.

Gold Water Bonds

A

City

;

CAPITAL.

Sons, SUBPLUS AND

The
)0
^ —'

— National

Commerce, New York

:

SECURITIES.

/:r^i^

Vice-President.

KDGAR NOTT, Cashier.

Bank, National
Boatmen's Bank. St.
tK)Uls; N. W. National Bank. Chicauo Merchants
National Bank, Boston, First National Bank, Chicago.

Correspondents

Bank

Soatliern Securities a Specialty.

»

TOBY,

FIRST NATIONAL BANK
OF MILWAUKEE.

York.

application.

NEW YORK.

always on hand.

J.

Street,

^VALL STREET,

No. 10

Per Cent

ROBY ROBINSON,

BONDS

BANKERS.

'-'

LIST.

h

R. A. Lancaster

^ '^ *^ ^
CORl'OllATION [BONDS
SBND FOK

)-r-s^
)

50 Wall

)
>

& Banking Co.)
CAPITAL,. 81,000,000.

(Successor of N. O. Canal

RAI1.KOAD

ecuritlea Nettiusr from 4Ji to 6

NE\r ORLEANS, LA.

investors.

LIST ON APPLICATION.

MUNICII»AL

Bank,

Canal

Act as aeentg for non-resident property owners ans

MUNICIPAL,

INVESTMENT^SECURITIES.

President

Cashier.

A88'n.j

Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate

ILLS.

.

NAZRO,

DKALBR8 IS

172 Washington Street,

CHICAGO,

H- H.

A.NIi

[Members American Bankers'

BONDS,

CORPORATION

THE CITY OF NEW YORK,

407 BROADWAY.

A. R.

BONDS.
"
^ '^ '^ ^*

Isaucei.

OF-

ALVAH TROWBRIDGE,

GO Devonshire St.

MUNICIPAL
RAILROAD
CORPORATION

TheNiothNationaiBank

a proposal for tlie establlslinient of
an Agency in Neiv York. Highest references required.

BOSTON.

Olonadnock Buildlnit,

Ld.,

The excbange Is prepared to entertain

CHICAGO, ILIi.
National Bank Buildinir.

MASON, LEWIS

Street

EXCHANGE,

Bankers and Exchange Agents.
HEAD OFFICE!
24 Throgmorion St., London, E. C.

5'A%.

Niver

BANKS.

INVESTMENTS.
LONDON AND PARIS

WK OWN AND OFFER

6%

353

Capital, 81,300.000

I

SnrplBB, 81.000,000

JA«. K. LTXCH. C^«hier.
Kt»X.OUb.
JAMS8 MOPPITT, V.-l^eS. .1. K. MOPFITT,
General Banking Business. .\ci-<'ucts >i>ilcltea.

S.

G.

MmPHT. President,

Commercial and Trarelers' Credit* issued, kTall*-

ble in all parts of the world.

—

:

—

:

THE CHRONICLE.

354

&

Rosean County, Minn.— Boads Proposed.— This county
seeks legislative action to enable them to issue $46,000 funding bonds.
RassellTille, A\a.— Description of Bonds— The $12,500
school bonds recantly authorized will be issued in denomiaation of $100. Interest will ba at the rate of Q%, payable
annually in gold in Birmingham. Priucipal will miture in
thirty year:?, subject to call after ten years. The date for
he sale of these bands has yet to be determined upon.
RatherforU,N. J,— iJond Bill Passes Legislature.— Legialative sanction has been given this borough to issue $10,000
funding bonds.
St. Bernard, Ohio.— Bond Sale.— Oa February 7 the $480 40
5% 1-10-year (serial) sidewalk bonds were awarded to the German National Bank, Cincinnati, at 105*03. For description
of bonds see Chronicle Jan. 13, p. 102.

Co., Toronto, at a small premium.
curities see Chronicle Jan. 26, p. 204.

se-

—A

—

&

p. 204.

We

are advised that the
Syracuse, N. Y.—Bond Sale.—
voting-machine bonds recently authorized have
$30,000
been issued direct to the Voting Machine Co. of Jamestown,
N. Y., in payment for the machines. For full description of
these securities see Chronicle Jan. 12. p. 103.
Taunton, Mass.— Bond SaZe.— On February 8 $15,000 4%
Co., New
water bonds were awarded to N. W. Harris
York, at 113-155— an interest basis of about 3-08^. Following
are the bids
N. W. Harris & Co., New York.. 113-155 B. H. RoUlns & Sons. Boston... 112-646

H

&

ceived
.

For description of

bill is beStafford Springs, Conn.— Bowds Proposed.
fore the State Legislature providing for the issuance of
$100,000 water and $17,000 funding bonds.
Stamford, Conn.—Bond Sa^e.— On February 15 the $35,000
d}4% 20-year gold sewer redemption bonds and the $60,000
31.^^ 20 year gold funding bonds were awarded to E. H. Gay
Co., Boston, at 105"71 an interest basis of about S'lim.
For description of bonds see Chronicle January 26, 1901,

Salem, Slasa.— Temporary Lonn.—Oa February 7 this city
awarded a temporary loan of $50,000 to Blake Bros. & Co.,
Boston, at d% and $1 premium. Following bids were reBlake Bros, ft Co. (tl premium). 3%
Eliot Nat. Bank (t2 premium)..
Sdgerly i Crocker, Boston
S%
Blodget Merrltt & Co., Boston.
Parkinson & Burr, Boslou
3'029^

[Vol. LXXII.

.3*032
.3*09^

Perry, Coffin & Burr, Boston. ...ll.'J-Ol
1 12-93
Blake Bros. & Co., Boston
112-87
Jose Parker* Co.. Boston

W.

112-83
Adams & Co.. Boston
C. S. Cummings & Co.. Boston.. 112-79
112-679
R. L. Day & Co., Boston

Loan was made in anticipation of the collection of taxes
and will mature Oct. 19, 1901.
Sallna, Kan. Bond O^ermg.— Proposals will be received
at any time by O. W. Godfrey, City Clerk, for $11,000 il4%
1-10-year (serial) sewer bonds. Securities are in denomiua
tion of |1,100, and the interest will be payable in New York

Securities are dated Jan.

& Co., Boston
Barnum & Co.. New York
J. Hayes & Sons. Cleve

Kstabrook
L.

1,

R. H. Rines
R. Todd

W.

1901,

.

112-67
112-26
112-00

11193
& Co., Boston
& Co.. New York...lll-00

and will mature Jan.

1920.

1,

—

Thessalon, Ont. Debenture Election, This city will probably vote during the coming summer on the question of
issuing $5,000 5% 30 year electric- light-plant debentures.
Thorn aston, Q,a.—Bond Election.— On February 21 [this
town will vote on the question of issuing $10,0C0 electriclight- plant bonds.
Toledo, Ohio.— Bonds Authorized. — The Park Commissioners on January 18 voted. to issue $75,000 bonds for boulevard purposes.

•City.

Savannali (Mo.) School District.— Bond Election.— Oa
February 18 the question of issuing $16,000 school-house
bonds will be voted upon. If authorized the bonds will be
in denomination of $1,000 and will mature one bond yearly,
beginning February 1, 1903. Interest will be at a rate not
exceeding 5^, payable semiannually.
Schenectady, N. Y.—Bond Bill Passes Senate.— The Senate
providing for the issuance of fire-depart-

Topeka, Kan.— Bond 6'aie.— The $16,433 13 5^ improvement
bonds described in the Chronicle on February 2 have been
sold to the State Savings Bank of Topeka.

Slmcoe, Ont.— Debenture Sale.— On February 2 the $10,000
4% consolidated debt debentures and the $2,444 4^^ local-improvement debentures were awarded to George A. Stimson

Tnllahoma, Tenn.— Bond Bill Passes House.— The bill
providing for the issuance of $10,000 park bonds has passed
the House.

has passed a

ment

bill

bonds.

MISCELLANEOUS.

MISCELLANEOUS.
MISCELLAMEOUS.
THE GRAND PRIX. Geo. D. Cook Company,

THEAUDirCOMPANf
OF NEW YORK.

INVESTMENT SECURITIES.
238-240 La Salle Street,

CHICAGO.

Queen Building,
New York Life Bldg.,
& William Sts, La Salle & Monroe Sts.
Chicago.
New York City.

Cedar

An

Audit by this Company
is

1.

WAS AWARDED AT THE PARIS EXPOSITION TO

WHITING'S STANDARD

a Guarantee that

The books have been closed

New York

in a

proper manner.
2.

Any

S.

The simplest modes of book-keeping

carelessness or irregularities
have been discovered.

They are the only American papers which have
ever received this— the highest honor that can be
It means they are the most perfect
conferred.
made. Insist on having them for your fine correspondence and your office stationery. Are you using
Whiting's IiROger Papers in your Blault -Books?
Samples and booltlet free.

WHITING PAPER COMPANY,
hol.voke, mass.,

And

have been suggested.

150

books do not present a true
Fred.
commercial situation, the fact
STOCK BROKER, 8
will have been pointed out.
Member N. Y. Con.

h

s

li

MANUFACTURING
COMPANY,

ea WA-LIi BXRHBX,

KSW

YORK,

ST., N. Y.
Stock Exchange.

Statistics

upon Application.
Kstabllshed

Tel. 8385 Cort.

29

BROADWAY,

N. Y.

Investigations and Reports on
Electric Railway, Gas, Electric

Power Transmission

Electric Railways, Electric
Power Plants
Electric

New

BANK AND TRUST

WM. FRANKLIN HALL
BOSTON, MASJi

wlme^SUeit":'

Books audited.

Financed

CLINTON GILBERT,

IWS

Accountant,

Light and

Designed and Built.

2 l¥all Street,

CO.

York.
STOCKS.

INVESTMENT SECURITIES.

SECURE BANK VAULTS.

Examinations and InTOstig*

tions conducted with the utmost

care and efficiency,

Haskins

&

Sells,

Certified Public Accountants,
Ho.

THE AMERICAN

BROAD

COMMISSION I-IOTH.
Book of Railway

J

SPECIALTIES.
nhx
A E

Enfijineers, Contractors,

STOCKS, BONDS, GRAIN.

'

CO.,

Financial Institutions and Investors.

Bought, sold and carried upon moderate margin

TRANSimSSION ROPE.

i
m

WHITE &

Light, and

H. Smith,

CORDAGE
m

G.

52 Broadway.

Duane Street, New York. Properties for

4. If the

Inspections of books are made without
charge, for the purpose of quoting
prices. Terms are reasonable because
of the despatch with which audits are
made and reports are furnished. Managerial oversight is given to all accounting.

J.

PAPERS.

Office.

80 HROJLD

ST.,

jrXW TOBM..

GENUINE
9f

ELDED CHROME STEEL AND IROK

&oand and Flat Bars and 5-ply Plates and Anglei
FOK SAFES, VAULTS, &C.
Cannot be Sawed, Cut, or drilled, and positively
Burglar Proof.

&

Dennis,
Patterson, Teele
CERTIFIED PUBLIC ACCOUNTANTS,
•
New York.
30 Broad Street,

CHROME STEEL WORKS,
Kent Ave. Ceap and
Sole

ManTers In the

U.

8.

^oper St*.,

BItiOOIi.L.VI« N.Y.

February

THE CHRONICLE.

16, 1901.

Union City, Tenn.— Bowrfs Proposed.—Refunding bonds
to the amount of |60,000 will be issued if the bill recently

constructing the
awarded to the

passed by the State Senate becomes a law.
show below
\irgin\a.— Acts of the State Legislature.—
the status of various bond bills which have been under discussion in the State Legislature:
Bills Introduced.

100'26.

We

"Big Chippewa"

ditch, No. 106, were
First National Bank of Columbus at

New

Following are the bids

Newlst Nat. Bk.. Columbus... $6,776 CO
W. J. HayeH & Sons. Clcve... 6,'71 50
.

i

;

Re'Jer.
S.

Holzman & Co., Clncln.lfi.^eo 00

A. Kean, ChicaKO

6,780 tO

6.7H7 tO

K. Kleybolte &Co.,Clncin

Securities are in denomination of $440 and |.500, dated
Jan. 1, 1901. Interest will be payable semi-annually and the
principal will mature $1,440 yearly on January 1 Irom 1903

ACG08TA County— Authorizing conrt-lionee warrants.
Marion— Authorizing bonds.
MoNTooMKKY CO.— Au thorlziDg road bonaa.

to

190.5,

inclusive.

Wayne Township,

Ind. Subsidy Defeated.— This township bas voted against the proposition to give |100,OCO to the
Wabash Railroad to construct a line from Butler and to
locate the company's shops in Foit Wayne.
Weir, Kan. Bonds Proposed. This city seeks legislative
authoiity to issue $60,000 light and water-plant bonds.
Welser, Idaho.— Bond EUctio-a. An election will be held
February 18 to vote on the question of issuing $55,0C0 municipal bonds. If authorized, eecarities will be issued in denominations of |100, $5(0 and .'$1,0C0, and will mature in
twenty years, subject to call after ten years. Interest will
be at a rate not exceeding 6^. payable semiannually.
loan of $15,060 in
We9tbrool£, Me. Loan Authorized.
anticipation of the collection of taxes has been authorized by
the Council.
West Palm Beach, Fla.— ifond Qifering.— Proposals will
be received until 12 m,, March 9, by Wilmon Whilldin, Mayor,
for $5,000 6;? 10 20 year (optional) improvement bonds. Securities will be issued in denominations of $100 and upwards,
to suit purchaser. Interest will be payable annually at the
The above issue will represent
office of the Town Treasurer.
the total indebtednees of the town. The assessed value for
1900 was $130,603— about one-third actual value.
Wood County, ys\9.— Bonds Proposed.— bill recently introduced in the State Legislature provides for the issuance of
$60,000 bonds.
Woonsocket, R. I.— Bonds Proposed. Bills authorizing
the issuance of $50,000 water-works improvement, $2u0,000
sewer and .$^00,000 funding water bonds are before the State
Legislature.

Bills Passing House.
Abingdon (TowN)-Authorlzlng water, gas and electrlo-Hght bonds.
Oatali'a School District.— Authorizing refunding bonds.
Elizauktii City County— Authorizing $i 0.000 school bonds.
Franklintown School District.- Authorizing bonds.
Williamsburg— Authorizing water-works and flre-department
bonds.

355

—
—

„
„
Bills Parsing Senate.

Abingdon— Authorizing refunding bonds.
Charlotte County- Authorizing bonds.
Chase City (Town)— Authorizing bonds.
Covington— Authorizing water bonds.
Winchester— Authorizing bonds.
Bills Passing Both House and Senate.
Big Stone Gap School District- Authorizing school bonds.
Clintwood.— Authorizing bonds.

—A

Fredericksburg— Authorizing bonds.

NoRFOiK- Authorizing $76,OoO jail, $15,000 Improvement
$25,000 school bonds.
Page County— Authorizing refunding bonds.
Rockingham Codnty— 8. B. No. 5, authorizing bonds.
Suffolk (Town)— Authorizing sewer bonds.

and

Warren County, Miss.— Loan Not Awarded.— V7e are advised that action on the bids received February 4 for a loan
of 840,000 was indefinitely postponed.
Warwick, N. \.—Bond Bill Passes Legislature. The State
Legislature has passed a bill legalizing school bonds of this

—

K

town.

Waterbury, Conn. Bonds Proposed.— The question of
authorizing the iesuance of $200,000 sewer bonds is under
consideration in the State Legislature.
Bonds Defeated. The House of the State Legislature has
voted adversely on the bill providing for the issuance of
$300,000 paving bonds.
Wayne County (P. 0. Wooster), Ohio.— Bond Sale.— Oa
February 7 $5,760 4.% bonds issued to pay part of the cost of

—

—

Worcester, Ma»B.— Temporary Loan.— This city on February 1 borrowed $200,000 Irom F. S. Mosley & Co., Boston, at

Loan matures

3^ discount.

MISCELLANEOUS.

Oct.

1,

1901.

MISCELLANEOUS.

1901.

1850.

The United

States

Life

Co.
OF NEW

YORK.

READY FEBRUARY

18.

Insurance
THE CITY

/JV

Geo. H. Burford, President.

FITSTAlSrCE

THE FINANCIAL REVIEW.

COMMITTEE:

Geo. G. Williams,

pres.

ANNUAL.

chem. Nai. Bunk

Tucker,
.
Buuaer
Perkins Jr., Pr.lmp.<£Trad Nat Bit.
James R. Plcm,
Leather

John

J

-

.

E. H.

Active

and

sueros.s fill At/eiits tvho desire

VONTliACTS with this

to rnahe 1)1 JtJJCT
'well-eiitHhiisli ed n >ul prof/ressive

Comxmny,

thereby securing for themselves not only an
immediate return fur their work, but also

an

A YEAR BOOK OF FINANCIAL INFORMATION— 282 PAGES.

....

inci'easinfi tinniial

income commensurcom-

ate with their siireess, are invited to

municate with ItlCIIAltlt E. COCHRAN,
Xhitd Viee-1'resident, at the Company's
Office, 277 liroadway, Neiv York City,

Includes a copy of the January issue of the Ijjvestoks' Supplement.
Also a five-year monthly range of Stock and Bond Quotations.

BOUND

IX

CLOTH

WILLIAM

B.

Pine

AssetN, over $ %0U0.000.
Insurance in Force, over $40,000 000.

83

REALIZATION

CO.,

Corner Pearl

Floyd,
IN

142 So. Fourth

in process of liquidation, any-

where in the United

States.

Municipal and Corporation
To net the Investor

3 to
Lists

W.

J.

MUNICIPAI.

BONDili.

Bonds

S% Per Cent.
Benton application.

HAYES & SONS

111 ConKrnna street, Bonton.
Chamber of Commerce Blds<t
CloTeland, Oblo,

Fred.

life insurance co.. newark. n. j.
President
AMZI DODD,
_^
.

SOUTH STREET.
AUBIIRIW, NE1¥ YORK,
70

Auctioneer. Appratner and Nesotlator
Makes a specialty of solUnif all kinds of Securities
bv Ai'C'l'lON. Stocks and Bonds thoroughly advertised will briuK buyers when It is known tne
biuheHC bidder is the fortunate buyer.

Trust

Co.

ITIIL.WArKEE, WIS.
•
•
Capital (Fully Paid),
$250,000
Transact a General Trust Business.
OFFICERS:
K. N. Finney, Pres't.
H. A. J. Upham. 2d V.-Pt.

Fred'k Abbot, V.-Prcst.
J.

M. W.

Assets (Market Values) Jan.

1,

.

1«01....t74.3li.4r8 25
t;8.1N-.,l03

Liabilities

Surplus (N.

J.

and N. Y. SUndard)....

84

6.1^5,364 91

OF THE

M. Smith,

Wisconsin

Benefit

THE NEW POLICY CONTRACTS

St., Philadelphia,

Will buy the assets of estates

Ne^v York.

.

INVESTMENT SECURITIES
CITY KR. AND GAS CO. BOND8.

tiOCAL

Ashland Block, Chicago,

Street,

The Mutual

PINE STREET, NETT YORK,
DBALBR

OO

DANA COMPANY, PUBLISHERS,

Street,

Augustus

ASSETS

i$2

A. A.Hathaway.Sec.&Tr.
Pratt, Trust Officer.

BENEFIT
MUTUAL
Contain
Special and Peculiar Advantages
which are not combined

POLICIES OF

in the

ANY OTUKR COMPANY

Supplement

File Cover.

We have a new File Cover for holding the CHBOXICLK SUPPLEMENTS. It Is a jtriDK file Similar t*
the one used for fllinjj the Chbomclk, but adapted
especially for the Scpplemexts,
Price, 50 cents, or 68 cents sent by mail.

WILLIAM

B.

DANA COMPANY.

76« PINE STREET.

NEW YOBK.

,

:

THE CHRONICLE.

356

awd Sr0liers ®ut nt

'Sviuktxs

CHICAGO.

fVou LXXIl,

^jettr "Icirfe.

CHICAGO.

PHILADELPHIA.

Edward

&

Frazier

Bartlett,

&

Schwartz, Dupee

Co.,

Co.,

Co.

BANKERS,

83 Cedar

Sfocks, Grain and Provisions,
9 Board ot Trade,

WESTERN UNION BUILDING

CHICAGO.

CHICAGO.

New

&

Smith

The Bourse, 5(h Street Phil lidelptaia.

STOCKS AND GRAIK.

T IWew Street,

B.

BroadwaF, New York.

Street, cor.

Members New York and

W.

E.

Phila- Stock Exchanges.

&

Clark

Co.,

BANKERS AND BROKERS,

York.

No. 139 South Fourth
PHILADELPHIA.

PRIVATE WIRE8.

Transact a general banking business.

St.,
Allow

In-

terest on deposits,

Members

of the Philadelphia and New York Stock
Exchanges, and connected by private wire with New

York.

EDWIN L. LOBDELL,
CHICAOO, ILL.

CHICAGO STOCK EXCHANGE.

&

Hutton

Co.,
CINCI^nVATI, OHIO.

Sproul & Co.,
PITTSBURG, PA.

Henry

MEMBERS
NEW YORK
)
PHILADELPHIA /
CHICA6}0

AND

Co.j

St.. CttnoinnatI,

Seasongood
.

W,

&

&

Members

Sons,

Exceptional facilities for dealings in all classes of
Southern Bonds. Loans on Collateral Securitlei
negotiated.

WYNDHAM

Stephenson,

FOURTH AVENUE.

No. 209

Oldegt Pittsburg

BOLLING,

BANKER AND BKOKER,
ItICiI9IO]\D, VIRGINIA.

BANKERS AND BROKERS,

PACIFIC COAST.

Co.,

of Baltimore Stock Exchange,

Street, Baltimore.
Investment and Miscellaneous Securities a speolaity, and whole issues handled.

>ST.&BLI8HliD 1871.

&

&

1867.

BANKERS,

PITTSBURG, PA

Whitney

"

316 East Baltimore

Bank of New York, N. B. A.
Bank of Philadelphia.

School Bonds

Established 1802.

Co.,

Wilson, Colston

First National

MUNICIPAL BONDS.
Town and

Wilson, Colston &

CORRESPONDENTS

CINCINNATI, OHIO.
Hlsrh-Grade City, County,

William Wilson & Sons,

PITTSBURG, PA.

Corner Third and Walnut Streets,

lasaed in leading prosperous States of the Cnlon,
especially adapted for safe and permanent investment lor Estates and Trust Funds.

SOUTHERN.

BANKERS,

Mayer,

PHILADELPHIA.
Members Philadelphia Stock Exchange,

3

N. Holmes
Ohle.

BANKERS AND BROKERS,
104 SOUTH FOURTH STREET.

Stock

CHICAGO BOARD OF TRADE.

Cincinnati Bonds and Stocks,

holdings or proposed Investments.

f Exchanges.

PITTSBURG

Brokers and Dealers In

37 East Third

28 Sonth Third Street, Philadelphia

John H. McQuillen &Co.

SECURITIES.

&

Co.,

STOCK AND BOND BROKERS,

PITTSBURG.

AND OHIO

Irwin, Ballmann

&

G. Hopper

Investments receive our special attention. Information cheerfully furnished regarding present

BROKERS AND DEALERS IN ALL

CINCINNATI

G. Hopper,
h. S. Hopper,
Members of Philadelphia Stock Exchange.

Members New York Stock Exchange, ChicaKO
Stock Exchange and Chicago Board of Trade.

CINCINNATI.
E.

W.

Wm.

LA SALLE STREET,
CHICAGO, ILL.

113-117

MEMBER NEW YORK STOCK EXCHANGE.

W.

Co.,

BANKERS AND BROKERS,

Stocks and Bonds,

'The Rookery,"

&

A. O. Slaughter

Southern Securities,
Virgfinia Bonds,
Virginia*Carolina Chemical Co. stock.
Reference— Mechanics' National Bank. New Yor

.

Members N. Y. Stock Exchange.

Davenport & Co.,
T. Mellon & Sons' Bank,
BANKERS AND BROKERS,
Edward Pollitz & Co.,
PITTSBURG,
PA.
RICHMOND, VIRGINIA.
STOCK AND BOND BROKERS,

HaNRT

ST. GOAR,
EDWABD POLLITT
Members Stock and Bond Exchange.

Hawaiian Sugar Stocks a SpBoiaiiy
403 California

Street,

SAN FRANCISCO,

Ladd

&

SENERAL BANKING, COLLECTIONS,
INVESTMENTS.

CAL,.

Whitaker

PORTLAND, OREGON.

&

Successors to

300 Nortb Foartli

&

MIL^VAUKEE,

\* IS.

DEALERS IN
Municipal,

Railroad

and

Corporation

Southern iNVEsrr^ENT Securities.

MONTOOMEinT,

A.I.A..

&

John W. Dickey,

Clark,

BROKER,
I.

Transact a general banking business.
Bonds,
Commercial Paper
Stocks and Local Securities.
bought and sold on commission. Private wires to
New York, Boston and Philadelphia

A. G. Becker

A. Strassburger,
STOCKS AND BONDS BROICER.

NORFOLK, VA.
SOUTHERN INVESTMENTS.

25 Exchange Street, Providence, R.

BO]X33S.

[

&

W.

Cor.

INOOBPO RATED. ]

Monroe & La

AUGUSTA, GA.
SOUTHERN SECURITIES.
ST. PAUL.

Co.,

COMMERCIAL. PAPER,
S.

Co.,

Street,

BANKERS,

Co.,

&

Bankers and Brokers,

ST. EOUIS.

Richardson
INVESTMENT BANKERS,

Company, Mottu, de Witt

WHITAKER & HODGMAN,
BOND AND STOCK BROKERS,

ESTABLISHED IN 1859.
Transact a General Banklnar Business.
COLLECTIONS Given Special Attention.

Oliver C. Fuller

1860.

ST. LOUIS.

Tilton,

BANKERS,

ESTABLISHED

Correspondence solicited and information furnished about Southern State, Municipal and Railroad Investment Securities.
Reference— Bank of New York, N. B. A.

Salle Sts., Chicago, 111.

Chas.

H.F.Smith & Co.,

INVESTMENT SECURITIES,
STOCKS, BONDS AND GRAIN,
ST. PAUL, MINN
Pioneer Press Bldg.,
Members of New York Stock Exchange
Members of Chicago Board of Trade.