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1

.

.

lEnterod according to Act of Congress, in the year 1905, by Wn^LiAM B.

1

.

Daxa Compant,

in the offlce of Librarian of Congress,

Washington, D. C,

SATUEDAY, FEBRUARY 4, 1905.
NO.
CLEARINGS—FOR JANUARY 1905 AND 1904- CLEARINGS— WEEK ENDING JAN.
VOL.

ALSO FJR JANUARY

1903

AND

ALSO SAME WEEK IN

1902.

1905.

iKe-wYork

7.73-1,724,555
5.55.567..599

iPhiladelphia
.Pittsburgh.
Battiinore

194,tie5,9o6
107,599,7ri2

30,117.729
20.315,012
16,662,411
16,329,114
9,000,000
6,740.796
4,975,931
4,340.8&1
4,318.033
8,144.785
2,073,700
2,175,392
2,056,623
1,741,118
1,050,533
799,304

Birfialo

"Washington

Albany
.Kochester

Scranton
Syracuse

Wilmington
.Wilkes Barre
'Beading

WheeliDK
IBtogliamton.
lErie

SChester,.
iGreensbuiB-

franklin
IJVederick
r Total Middle...

IBoston
'ProTidenc«
Hartford....
Sprlnji^field.

Woroester

Ctncinnatl........

,MUwankee
Indianapolis
sColnmbus.

Peoria
Toledo

Grand Rapids....
Dayton.
Evans vUle
Akron.
111....

Tounsstown.
JBlalamazoo

Xezington
Canton
Kockford^
Springtleld, Ohio.
IBloomington

jOuincy

Decatur
MansUeld
Jacksonville, lU..
Jackson, Mich....

Ann Arbor

Total M- Wert..
San Francisco. ..
'

.

Xios

Angelea

Seattle
Salt Lake Ctty....

Portland
Spokane........^.

Tacoma..
Helena.
Fargo
Sioux Falls
Total Pacific
Kansas City
Minneapolis
St.
St.

Denver
Des Moines
Topeka
Davenport.
Wichita
Colorado Springs.

Cedar Kapicls.....
Fremont
To. other West.

St Louis
Louisville

Houston
Galveston

Richmond

Memphis

jAtlanta
'Nashville....

'Norfolk

Augusta
Fort Worth
Btnnlngham

;

.

iLittleKock
Knoxvilie.
[Charleston
IMaoon.
|<3hattanooTO

JBeaumont
Jacksonville, ITa.
'Total South....

fTotalaD
Outside N. Y..

8,509,893
1,708,200

2,066,089
2,035,047

—

10,439,184
7.081,29
6,013,415

743,597,410
814.137,882
108,433,400
36,399,219
29,536,454
24,620,600
13,020,330
15,526,579
8,989,480
7.770,464
6,909,195
2,027,400
3,200.000
2,497,439
3.866,726
2,941,612
2,144,795
1.887,684
1.655,267
1,638,155
1,484,143
1.338,399
1.053.737
992,185
967,830
484,982
,212.517,912

133,208,836
81.509,280
19,496,7o6
16,818,316
16,120,540
11,177.572
11,829.668
2,946,183
2,565,865
1,003.380

729.587.789
99,719,750
60,068,031
41.796,838
35,465,403
27.739,399
17,294,100
11,803,227
13,273,691
9,132,234
7,793,809
6,509,528
2,054,400
2,824,130
2,474,139
3,307,282
2,773,.'ill

1,66:3,503

+11-6
+8-7
+15-2
+19-1
+2-6
+0"6
+42-4
+10-3

+170

— 1-6

—0-2

+61

—1-3
+13-3
+0-9

+ 10-9

763,810,323
759,923,002
108,972,000
71,140,546
45,658.836
35.987,213
28,224,090
19,10 U400
12,980,604
14.860,706
9.655,717
7,565,849
5,869,098
3,462,500
3,194,612
2,777,685
2,889,364

+6-1

2,786,107
1,917.775
1,838,618
1,971.183
1.634,632
1,327.617
1,241,333

—0-5

901,787
872,809
963,.329

-2-3

1.051. ,926

224.640,886 -)-13-4
95,065,180 —1-2
63,322,313 +9-9
81,901,026 +12-4
23,916,117 +6-6
29
21,349,038
18,334.724 +59-

219,932,691

+10-9
+22-0
-19-3
-24-2
-8-3
+63-4
+2tJ5
—5-9
+7-8
+5-2
-16-5
-15-5

9.405.994
6,530,947
6,501,197
4,474.004
4.001.361
2,152.593

1,027,181

83,670,266
61,506,135
32,925,000
27,74i),84y

—

2,037,1.35

40,003
83o,831

1,.S

115,.358,9lt0

45.838,879
37,020.202 -20-9
22,433,000 +0-8
23.0-20314 +3-9
17,571,063 —9-9
29,205,.) .30

16,102,550
13,028,09-2

7,860,919
7,972,321
8.790,541
5,702,233
5,220.408
5.478,987
5,982,488
4.2S7,000

1,395.669
1,720,176

—13-3

— 7'5
+61

22 396,499
18,822,86'"

•

5.-43,841
4,338,990

103,570.793
18,i»2.368
12.477.561
15.212.649
10,865,880
6,095.614
6.614,830
2,875,784
1.943.834
1,144,757
180.384.105
90,256,867
60,512,430
31,35'2,420

23,700.580
22,387,699
21,699,532
8,997,737
6,857,253
6,221,101
5,560,248
3.334,2.35

4,139.150

232.937.718
73,9as.]26
43.9.30.070

24,217.820
17,97S,5<J0

20,773,439
10.388,811
16,:;72.322
12.!*20,.800
8,703,0.'>8

Worcester
Portland
Fall River
Lowell

New Bedford
Holyoke

New England.

Cleveland
Indiaoapolis

Columbus
feoria

Toledo

Grand Rapids
Dayton
Bvansville

Akron
Spriugtleld.

Ill

143,287,168

137,772,751

175,254,173
22.870,150
13,204.537
10,946,306
7,405,331
6,031,961
5.477,600
3,102,563
3.687.898
2,038,525
1.768.712
1.231,346
393.400

155,487 435
20,885,750
12.030.002
8,384.576
7.304,888
5.889,253
8,795,700

695 858

485,088
576,605
666.320
626,252
618,780
446.397
405,122
267.828
887,700
199.918
173,274
174,335
178.738
87.016

ICalamazoo

740,930
697.110
490.983
488.905
838,679
291,568
360,867
258.811
245.445
187.116
175.060
82,082

fjexipgton

Canton
Rockford

O

,

Bloomington
Quincy
Decatur.
Mansfield
Jacksonville

,

,

Jackson

,

Ann Arbor
Total Mid. Western

258,512.541

2,254,.307

2.407,416
2.085.903
1,634.205
1,138.979
498,400

229,145,33'

107,832,443
44.801.119
20.801,401
5.624,527
8,656,544
3,189,580
2,702,778

96.706,380
89,898.781
19.907.571
5,039,798
3.021.627
2,923,940
2,322,327
1,223,54«
1,048,279
1,009.270
S12,870
553,441
877.500
883.427
841,706

1.509,.385

1,097,427
1.031.245

913.718
697,704
857.800

-!-i-o

11-3
--46-6
14-8
10-9

2,513.835
1.948,808
1.200.407
1,053,202
1.456,325
566,021
841,085
887,153
438.804

55-2,175

+13-9
+17-2
+43-1
+5-3
+28-6
fl-4

S79,3H'j

121,049,025
6.972.500
2,235,780
1,501,889
1,453,144
970,681
1.212 008
1,064,083
361,873
566,856
884.306

Youngstown

+S3-7
+6-8

+16-

+6-0

700,745
899,416
224.208

San Francisco
Los Angeles....
Seattle
Salt Lake aty..
Portland.

Spokane
racoma... ......

Helena
Fargo
Sioux Falls
Total Pacific.

Kansas City
Minneapolis

Omaha
St.
St.

PauL
Joseph.

,

,

,

Denver
Des Moines.
Sioui City

Topeka
DavenpOT^

,

Wichita.

Colorado Springs..

Cedar Rapids

Fremont
Totel other West'rn
St. Louis
New Orleans
Louisville....

Houston
Galveston
Richmond.
Savannah.

26,430,154
8,114,143
4,383.754
8,257,460
8,069,375
2,271.186
2,570,993
573,487
491.688
218,940

29,849.199
5.997,521
8.068.685

64.381,180

494.61,340

22.888,288
14.710.928
7.262,319
6.701,960
4,248,448
5,521,046
2,038,171
1,671,790
903.984
670,000
1.179,949
1,126,883
406,611
146.538

20,741,745
13.194,296
6.781,766
6,845,071
4.736,110
4.115,503
1,669.486
1,243 042
865,504
640,275
1,147,1(S

02.042,910

61,343,512

53,875,507
19.649,696
10.544,268
6,846.819
4.511,500
4,724,820
3.279,474
4.896.131

53.frl6,lS0
29,969,04;

350.82;

831.750

120

+250
+4-9

1.491,410,264 1,551,181,081

3

121,125.544
6,504.300
2,344,086
1,368,828
1,607,885

+8 6

1438,134

+20-1

1.217,278

—90
+124
+29-8

-13

976.779
440,048
445.078
817.581

137,032,144
7,649,800
2,557,070
1,408.477
1.340,303
1,380,998
l,b75,069
909,557
480,257
547,443
845,145

137,815.541

155,172.232

157,685,302
21,570,200

147,482.987
18 001.700
12,485,212
14,905,808

—46 8

—57

—316
+14+4-0
+11-4

+71
+9-8
+30-6

15.543,-231

9.327,937
7,147,080
5,192,916

V^l

+44-3
+37-6

7,-242,771

4,698,541
3,350,000
2.982.291

4.-240,400

2,687,657
8.410,717
1.699,205
1,574.412
1,035,199
670,000
680,298

+582

—2-5
+8-2
+8-2

-21-1
+43-3
-4-2
+11-1

671,-294

652 222
491,868
341,001
391,450
825,380
296,279
301,440
225,927
208.43
160.345
202,968
69,721

-t-8-1

—20-7
+9-4

-165

+90
—70
+29-5

+410

("

+75

1+0-8
—5-'"

+12-8

286,825.682

+353

+03

29,379.483
4.823,87'

+42-9

3,356..8.32

+139

2,619.360

+23 9

2,800..S24
l,458.7i

1.-222.703

1.2.32.417

Little Rock,

884,383
1,097,779
1,516.895

1,169,001
1,207,583
1,358.112
1,031,000

5n,281,'201

9.451, 273. :te'J -|-2i-a ll,0sS,9S2.0::i 10,fi5U.488,8;»

3,730,020,134

KnoxvlUe
Charleston

Macon
Chattanoosa
Jacksonville

Columbus, Ga
Total Southern
Total all
Outside New Vork.

8.077..'i8;

437.4-20

+7-5

--198

2,492.2;i8

1,522,496
1,804.419
844,75,S

610,100
488,937
688,568
422,688
474,638
327.155
3^0.706
315.207
301,563
227,777
219,432
169,408
130,119
150,000
55,727
222.085.911

62l,6
187.203

612 057
402 086
284.628

+10-0

47.670.930

88,458.859

+7-9
+11-5

18,751.608
13,770.78-

18,583.621
11,948 614
6.274,370
4,193.891
4,021.395
4.471.750
].5eo,8«s
1.833,370
1,337,463

+70

7,17-2,230

+«-7

5.342,941
4.798,325

—103
+34-2
+22-1
+34-4

a,8.'30.832

1,964,736
1,319.953
1,841,998
785,519

n^,
+2-8

671,910
893,12«

+24-8
—7-4
+10-9

217.401

131.833

60 361.455

66,820,225

44,136,177
15,189,826
10.490.541
8,000.000
5,222,000
3,980.704

47,007,015
17.727.919
8,417,213
6.128.735
8,727,500

+04

-34

-148

.'>70.

4.673,27(1

4, -2-27.47^

-28-8
-9-8
+3-9
+4-4
—44-5
—8-9
—2-4
-24-3

4,016.885
2,800,116
2J2*3,346

3,092,510
8.127,690
2.874.546
l,7o;;.i3o

l,600,-276

1,310278

1.852,398
1.655,782
1.361.012

1,517,14.'<

l,0O4.'/89

—0-!

_

938,904

1.495,383
1,085.842

873,783
603,316

+13-8

—557

+56
708,250
826 449 + 18-8
081.689
in
to
d
194,6R8 Not Include

la^ Table Cleartnrs bi Telcarrayb and Canadian Cleartoffs on pase

857.070
750 813
610,550

+20O3

760,000
602,829
800,820

8U,092

143.406.357
126,498,70:1
2,470.919.266 2 081.457.763
803,031,833
869.200.49;

23,977,894
2,874.868
3.673,779
2,830,644
1.930.686
1,142,540
1,209,882

1,879,479
483,452

--24-3
--21-5
--18-5

-34-4
9.188.180 +14-8
—27-3
9,420.633
5,487.000 -17-7

1.14-2,145

Fort

530.710,42'^

873,944
158.310

2.373.407

6,706,573
5,109 079
4.858,200
8.255.120

—2-3

375 293

Worth
Birmingham

1,973,914

l,725.7f}0

2,855.856
1,833.697
2,145,765
481.237
404,291
184,172

Augusta

2.39fi,53'J

Norfolk

1.822.401

2,860,96'

4,891,354
3,848,500
6,876.008
8.410,225
2,501,405
1,890.630
2.058,202
2,606,106

Memphis
Atlanta...
Nashville

no

1. 889.112

3,')02,861,558

Sprincfleld

4-18-0

-12-1

864,53>

6,34'7;400

$

+25-8 1,301,817,730 1.375.680,618

384,200

873,506
442,996
197.840

6.563,
6,970.80.1

2.39'.). 0S3

T

1902

,095,859.231

285.076.231

5.9(;S,04o

28.

1903.

Dec

618.0.^0

887 700
422.517
684.229

126.974,128

New Haven-

Springfield.

22,130,737
5,157.361
3.514,917
8,074,096
2.401,393
1.615,218
982,54r
994,907
866,710

1.826.196,764 1,460.628,266

Boston
Providence
Hartford

Detroit

286.176.293
214.786,864
77,405,552
50,709,430
80.697,985
22,118.500
19,255.996
19,542,420
20,639,478
41,900,4i4
7,288.630
7,747,150
7,347,275

Total Middle.

Milwaukee

856,944

l].6;;5.6fl9

Brie
Franklin, Pa...

62,0(X),367

ssssVooo

+ 9-4

Chester

68,582,904
32.712,783
23,153,980
16.843,000
12,280,260
12.006.180
7.557.757
6,502,508
4.568.943
2.896.300
2,695,600
2,575,310
2.394.683
2.656,752
1.660,862
1,534,844
1,645,782
1,591.780
l,169Ji53
1,381,419
891,783
790.877
807,136
441,676

2,2:^6,071

3,75!»,752 26H

...

Oreensburg.....

Cincinnati

S.826',b00

022.120 813

Rochester. «...
Scranton
Syracuse
Wilmington....
Wilkes Bure-.

Total

34.802,0-^3

6,018 98'
4.101.770
S.603,555
8.521,921
1.700,000
1.203,612
1,009,287
875,558
655,071

Albany

Wheeling
Bingham ton

.277.825,928
104,071,251

23.63.3,422

......

Washington....

Chicago

60,452,650

2,897,009

607,889.940

122,753 445
46.531,019

Buffalo

734.0.j3,897

918.921

-1-7

-21
+15-2
+6-7
-18-9
+4-2
-6-6
-51-6
+3-2
—17-9

Baltimore

1904.

Lnc. or

28, 1905.
1902.

%
.,607,718.769

Philadelphia...
Pittsburgh

739,784,763

2,0U2.85V!
3.:!34,548 T-50-3

3.5'^.^.a^^

4.11^,272,6'.i:j

+19

445,802
1,087,230.580 +11-6 1,146,164, 030
127,163,873 +S-7
128.095, 690
28,184.793 +22-4
24,655, 419
16,944,293 + 15-1
15,858. 749
14,156,903 +18'8
14,380, 839
14,174,302 +13-7
14,490, 039
8,929,40.^ +25-2
7,742, 038
8,719,901
8.969, 399
—3-4
8,216.062
2,261, 574
2,124.110 +20-8
2.427, 618

3,770.,oi.->
1,717,,09;
5.041.,683

ll,846,i)tf7,178

+4-9
—13-0

870.009 +10-5
454.895 +66

287,502,055
211,950,391

2,07-.'.

8,694,075
7,747,269
6,832,607
4,984,102
2,342.913
2,493,760
1,801,270

1,693,493 —3-5
1,363.336 +8-9
1,119,604 +19-6
839,399 +25-5
998,172 -06

810,088,467

5,583,,078

8,1.33.278

-10-3
+33-0
+11-7
—46-4

2,762,297 -2-2-4
1,813,052 +?:f

9,261,831
5,828,903
4,598,620
4.104,788
4,994,804

4,2;>3. 69]
6,' 07,,407

-1-32-5

671,672,912 +10-6

10,275,880
7.111.250
3,709.702
3,112,041
4,678,215
3,329,187
2,218,632
781,628

15.830.,783
2,5,308.,310
14,887,,7t>l
13,820..ST<i
7,725,,135
6,29S,,OC0
10.127,,5:-;o
6,149,,207

f2ri

676,148,123
36,512,600
14,039,966

-73

1905.

Reading

047,558.870
35,394,400
13,942,330
7,959,007
7,689,127
7.761,617
7,452,801
5,044,805
2,775,659
2,430,209
1,875.842

22,y;io,,302

Savannah

8,298,686
3,043,100

+12-0

254,613,,3-22
96.447,,151
52,934,,102
29,067,,274
23,610,,000

NeiT Orleans

8,010,128
6,890,490
5.057.313
4,055,458

586,262,745
85,310,900
11.869,764
7,880,634
7,896,365
4,520.233
6,445,736
4.727,852
1,802,038
2,676,087
2,279.058

29,254,5:i7

gioux City

13,241,06'

656,574,818
32,747.400

93,877,700
69,617,831
85.917,280
25,501,330
20,720,728

Paul
Joseph

509,841,896
198.519,388
107.27 U563
26,595,497
14,269,205
18,101,183
11,641,431
6,669,741
6,641,300
4.907,923
3,955,493

820,236

254,674,3e5e

Omaha

25,991,648
18,124,534
15,630,080
12,774.707
8,423,095
5,697,845
6,015.570
4,035,553
4,025,412
2,785,342 +14-9
1,928,300 +78
1,916,534 +118
1,998,510 +2-9
0^
1,754,182
1,009,881 -4-1-0
754,386 +6-0

545,030,142
194.540,692
105,556,154
27.525.275
19,001,687
17,430,546

7,847,103,306

69,2;;;i,S8i
49.7<i8,5tt«

Cleveland.
|Detroit

+0-4
+15-9
i-121
+6-6
+27-8
+6-9
+18-3
-0-8

6,929,168,711

765,005

2,532,124
1,891,136
2,328,383
2,322.256

Holyokeu....
Total N. Bus....
Chicago....— »...-

403.915,717 +12-5
159,707,214 +2111

—

New York
7,186,120,463

8,142,188,262

Fall Klrer

—

%
+ 359

at,

1902.

+ S2-9

7, 199157

Ijo-well

$
.5,691,526,119

101,1-.:!1,.501

1903.

Dec

CUaritujs

6,668,111.136

Portlaod.

New Bedford.....

i 11. or

8,718,S99,057

14,37>i,251

New Haven ......

1904.

AND

1904, 1903

Week ending January

January.
Clearings at

Springfield,

2067.

80.

71l',iio<'i

437.000
863,273

fal.

-11-8

110.479.519

lOd.338.607

+ 19-0

2.0^0.510,091

.129.672.915

+8-2

787.751,661

753,942,317

THE CHRONICLE.

160

j

THE FINANCIAL SITUATION.

Eemember
a railroad

V.;L,

LXXX.

also that the average rate per ton per mile of

is

always very small and that the

diflference be-

|

tween a rate that nets a profit and a rate that nets a loss
year the people who are at the head of it should at least is but a trifle moreover that the larger the business the
be frank enough to entitle the law "An Act to lower greater the loss and the quicker the ruin if the ComThat idea has missions' net turned out to be on the wrong side. Mr.
raiiroad rates in the United States."
II there is to

be any legislation on the rate issue

this

,

;

,

,

been the burden of the claim expressed by the Commerce Spencer of the Southern Railroad and Mr. Miller of
Commission for years it has been the substance of all the St. Paul have each of them been reported to have
the addresses of Mr. Bacon and his crowd who have been said this week that he could not afford to run his road
;

foremost in advancing the crusade; indeed^
mistaken,

it

has always

if

we

paying present wages and the ruling prices for material
entering into the expense account, if he had to lower

are not

been the chief plank in Mr.

Bryan's plattorm, whose socialism the party in power rates of
;

seems strangely enough
matter what they have

to

pay

finally^

and

feeling of shippers, little

the natural

it is

one with;

fast getting at

much more

in

their pockets,

made

would

course

lay

terest the railroad

every

risk

managements represent and

giving effect to that policy

bill

Iv

ignores and puts at

is to

That

its affairs

fully
all this

week

the

usual quar-

United States Steel Corporation was
That organization evidently has nothing

public.

to hide.

and therefore a

good thing.

Of

afternoon of this

terly report of the

carriage of their

for the

stuff to market, that lowering the cost of carriage

be just so

On Monday

no

big,

freight,

in-

and

for that,

conserve.

is

a reasonable assumption, for

it

dares to

every three months open to inspection so

clearly that nothing needs

nothing could be added by

be added,

to

way

or,

as

of facts or ex-

planation that would throw further light on the earnings

be adopted with

and prospects of the property. It makes no difference
whether the results are bad or good there they are set
thing at issue and they are distributed all through the
out so completely that they not only tell the past and
land.
Those who have a few are even more zealous for present status, but so far as the management can itself
But know, it tells the future. On the present occasion the
their preservation than those who have many.
All savings
there are other and very heavy holders.
officers must have had a highly pleasurable duty to perbanks and financial institutions carry a large part of
form.
The item of actual net earnings is again
Such a law would cripple or
their assets in that form.
better than the largest of the forecasts, being $21,458,throw into insolvency a numerous body of these. The
734, after deducting the ordinary expenses, etc, which
question Senator Elkins is reported to have asked Mr.
compares with $15,037,181 in the same quarter of 1903
Hooker, Chairman of the Receivers' and Shippers' Assoand $31,985,757 in 1902.
ciation of Cincinnati, is the question which is being
These figures are of special interest at this time
asked by security holders everywhere. '^If you had your
because they cover the extreme changes in the movefortune invested in a railroad, would you feel entirely
ments in values and revenue of the Steel Corporation in
secure if somebody else made or supervised the rates ?"
surmounting the first crisis it has had to undergo in its
The same Senator, in the same interview, also asked:
such trials or
a If you owned a majority of the stock in the short career. As is well known, it is just
of
the organization
tests that show the inherent strength
Big Four Railroad, or if your whole fortune was
and serve to make reputation. First came great prosthe
road
owed a great deal on
there,
and
perity, a very poor preparation for adversity; next a sud
bonds, which would have to be paid anyway, how
den and severe industrial prostration unusually trying
would you feel about turning the rate-making power over
and finally the coui'se by which complete recovery was
to persons who had no interest in the road? Would you
The closer one studies these data the more
reached.
hold your investment, or would you sell it? I know a man
a whoop or a hurrah.

—

Railroad securities are the leading

}
I

'

i

!

!

j

i

I

I

:

who owns

who owns

two-thirds of a railroad; another

inclined one will be to accord credit to the Steel Corpora-

a

tion tor its endurance and recuperative force; in a word,
you were in
Compare
it has weathered the storm most successfully.
These are
tht'ir places, would not you sell your stock?"
each step in the cycle with the like step through the same
questions that our legislators have got to consider scrupucrisis of an established railroad property; take for illusThey are not matters
lously and answer conscientiously.
tration the New York Central and note by the changes
That treatment of an issue
for a caucus to pass upon.
^.
.,
,,
,^, ,,
x
xi.
nin quotations (1) the severity of the trial, the yielding
.,
which threatens to disturb all values, tnat striKes at tne
./^x,
,.
of each security to it, (2) the power to bend and not
XI
-rx
.very basis of individual savings, and discourages thrift,
^
^,,.,;.„',
xi
break, and finallv (3) the recuperative force, both as to
,
,
,,
X
x
•
\
keeping
and hence industry and economy, is not at all
time and extent.

several

half;

men who own

a quarter.

If

•

,

,

,

,.,.,..,,

!

,

,

'

.

•

,itix
i

>

i

,

'

.

,

m

.

-,

,

•

1

i.

•

i

/

'

'

!

with

iti;

seriousness.

It is in
,,

,

xi

not be

no degree an answer

X
X
r^
i;i
appointments
on XI
the new Commission would
•

that the

;

•

men who were

1904
1903.
Low.
High.
Low.
low.
High.
168^8 Jan 147 Nov 156 Jan 112=gJ'Iy 145^ Dec 1127« Mar
-1902.

to the foregoing to assert

hostile to railroads.

Even

if

i
'

n. y. central
«tock

.

.

^sstcorp.
pref. stock,

that

.

.

mgh.

g?'* Jan

79 Dec

893* Jan

49^4

Nov 96»8Deo

5lkM»T

The foregoing indicates the descent from beginning to
were also ensured that their
successors would be colorless men in their views of this end of that phase of the crisis, starting near the close of
great industry, even if all that were beyond question, 1902 and continuing with fluctuations all along until
Comparatively the
Itue law would wholly take away from railroad officers the end of the first half of 1904.
and directors the power to conduct the business they downward dip was no more severe in the one case than in
and those they represent had their savings in and the other. The reaction also and recovery have evijWere ensured, and even

if it

|

\

'

;

'

body of men, deuced in the industrial fully as rapid progress, equal
the railroad, which would inherent vitality, and no less steadiness in the upward
holding no iutei"est in
Of course it can bo said that the iron
have the jjowcr to reduce rates whenever they thought movement.
a situation which would keep the owner, trade was the source of the weakness and strength in
ibc;st to do so
\o[ necessity in a constant state of anxiety and unrest. the Steel Company. That is no more correct than that

would

transfer

this

authority

to

a

I

'

—

;

I

Feb.

THE CHRONICLE.

4, 1905.]

l^ew York Central and other railroad stocks
lowed the fluctuations in general trade.
the

5GI

Moreover, home-grown wheat is deficient the present
yea'
not merely in quantity but also in quality.
By an admixture of a proper proportion of Canadian wheat
the,
Surprise has been expressed at the large export on grade of the flour is greatly
improved and thus both the
Thursday of this week of $9,134,424 gold to Paris, fol- domestic and the foreign-grown
wheat can be used.!
lowing a shipment last week of $6,572,053 to the same It is difiicult to see how any
interest can be harmed
destination.
Continued very easy money in Xew York by such an arrangement not
even home-growers
is the basic explanation for this outflow; and the rapid of wheat;
for the
drawback can only be obtained
manufacture of bank notes is the cause for the uninter- on flour used in the export trade.
At no time and undei
rupted easy money in face of the large gold exports. Two no conditions can it be obtained
on imported wheat used
conditions are operative which make a demand for gold in the manufacture of flour
for consumption at home*
in Europe urgent.
One is the continued requirements The country's export trade in flour is seriously
menaced
of French bankers for the reinforcement of their reserves In December 1904 shipmentsof flour from the United
as a measure of precaution against any heavy decline in States
were only 783,106 bbls., against 2,208,504 bbls.
Eussian bonds, and as a preparatory measure for the in the same month
fol-

—

of the previous year;

emission of $150,000,000 of the

new Eussian

though

good authority, been de-

it

has, as

is

reported on

loan which

ferred until April, will then, if the conditions are favorbe issued.
There is also claimed to be a de-

decision,

able,

mand
as

for

stated

exchange
in

the

for remittance

due

to

and the

experi-

ence in that month in that regard was but a repetition
of that of previous months.
Through the drawback
position

the fact that

American milling
where the struggle

interests will

be placed in a

be less uneven than

will

i1

has been, though

of course, until the country is once
(page 185), more blessed with an abundant harvest of wheat,
it is nol
railroad notes and likely that flour exports will again
attain their old pro-

Chronicle January 21

considerable amounts of short-term

bonds which have been held abroad are maturing and portions.
are being remitted for.
Bills resulting from exports of
commodities have all along been insufficient to cover the
It is a remarkably favorable statement of earnings
increased demand for gold as well as the ordinary re- which the Pennsylvania Eailroad
is able to submit for
mittances.
The easier rate for money here than abroad the month of December. In the case of the lines
east oi
has been the reason why the European demand for gold Pittsburgh and Erie there is an
increase of $869,500 in
has fallen on us.
gross earaings and of $383,600 in net earnings, while on
Attorney-General Moody has answered in the affirma- the lines west of Pittsburg and Erie the addition reaches

propounded to him by the Secretary of $761,200 in gross and $656,200 in net. In other words,
the Treasury, Mr. Shaw, as to whether the Treasury for the combined system there is $1,630,700 improveDepartment is empowered under the Dingley Tariff" law ment in gross and $1,039,800 improvement in net. Such
tive the question

to

allow a drawback of 99 per cent of the duty paid on
imported wheat used in conjunction with domestic wheat

results aff"ord testimony to

manufacture of flour when the flour is exported.
This is a ruling which cannot fail to be beneficial to mill-

activity

in the

ing interests in the United States. There has at no time
been any question as to the right of the Treasury Department to grant the drawback where the flour was man-

the revival in trade which
occurred toward the close of 1904, and particularly the
is

and buoyancy

in the iron and steel industry.
It
proper to say that this improvement follows a loss in

December of the previous year; however,
then was much smaller than the present
only (for the combined system)

the falling

ofl

gain, reaching

$624,800 in gross and

$349,400 in net.
ufactured exclusively from imported wheat, this being
a
December is the closing month of the company's fiscal
privilege which the millers
have had all along.
year
and under the change for the better which occured
It was their contention, however, that they
were entitled
in the monthly results the latter part of 1904, the showing
to the same allowance where the domestic
and the imfor the twelve months is a great deal more satisfactory;
ported wheat were commingled, provided they
fur-

nished the Treasury Department satisfactory evidence
as to the amount and proportion of
imported wheat
used.

This

claim

than any one would have thought probable six or seven
months ago.
On the Eastern lines there is a decrease for
the year of $4,481,200 in gross but a
decrease of only $1,511,100 in net.
On the Western

Attorney-General Moody upholds.
opinion where it is proposed
lines, with a decrease of $743,900 in gross, there is an
to export a product manufactured
in the
United
increase of $1,246,700 in net.
States from a combination of domestic material
For the whole system,
and
therefore,
the
result
for
foreign material which has paid duty, and the
the twelve months is a loss in net
Customs
of only $264,400
officials can identify the foreign material
remarkable
a
favorable outcome con-i
and can ascersidering the adverse conditions which prevailed during
tain to their satisfaction, by the evidence
of books of
account or otherwise, the quantity or measure of the the first half of the year. In the following we compare

He

says:

«In my

—

foreign material actually present in the
completed article,
the exporter is entitled to receive a
drawback of 99 per
cent of the duty paid upon the imported
material thus
as-

certained to be actuaUy present in the
completed article."

The duty on imported wheat is 25 cents a bushel and
obviously American manufacturers
could not pay such a
tax as this and hope to
turers of flour in the

hand the
it

compete with foreign manufacmarkets of the worid. On the other

price of domestic

wheat

equally out of the question for

is

so

high as

to

render

American milling interests to produce and
export flour at a figure that would
enable them to compete with
foreign manufacturers.

the earnings for
to

1899 on the

Likes East or
Pittsburgh.

December and

lines
1004.

the twelve

months back

East of Pittsburgh.
190a

1902.

IBOL

1900.

189flL

Beceinber.
9
$
$
Gross earniaps
10,097,675 9,228,175 9,529,375 8,306,075 7,816,904
Operat'g expenses 7.507,538 7,021,688 7,280,838 5,625,838 4.895,20

Net earnings..

2,690,137

2,206,537

2,298,537

2,780.787

2,921.897

9
6,617,704'
4,630,i

2.0SU.I

Jan. 1 to Dtc. 31.
Gross earnlnKs
11814519« 122626394 112663294 101329795 85.578,912 2.022,7 IX
Oporat'K expenses 81,802,948 84,773,042 r5,050,942 65,269.543 66,273,250 60.77fijio»

Net earnlnpi-- 36,»42,252

37,853,352 37.612.362 36,070,852 29,308,662 22,144,46^

'"'^''"'^ ""^ Bnff&lo A APeRhery Valley DlTUIon fofi
itni^lw^iQ^®"'^'",?''.
19J1. 1902, 190i ana 1904. la Deo.. IfOl, the earninifs of
this
were fttM
"'^
prox mately, Krosf, f 5*4,471; net. $79,440. Kram Janaary 1 alrlslon
to Deo. IP
earnings ol this dlTtslon «n 1901 were ta,l 16,000 gross and »»,fl24,8</0

net.

.11

THE CHRONICLE.

562

[Vol. lxxx.
=s.'

and Frankfort it is 2^'S)2J per cent AoThere was no change in
any of the European banks this week, and compared cording to our special cable from London the Bank of.
week and
with last week open market or unofficial rates were easy England gained £1,108,427 bullion during the
Our
corre-i
week.
at Berlin and Frankfort they were § of 1 held £35,510,830 at the close of the
at all centres
due to
It was announced on Wednesday that spondent further advises us that the gain was
per cent lower.
official rates of discount

by

and

at Berlin

:

committee imports of £1,000,000 (wholly fi-om Egypt), to exports'
America) and to receipts
of representatives of industrial employees in establish- of £166,000 (wholly to South
ments in St. Petersburg at which he promised to take of £274,000 net from the interior of Great Britain.
the Eussian

Emperor had given audience

to a

improve their condition and also to secure
The foreign exchange market was strong this week,
an investigation of their demands through legal chanand the demand for remittance was so urgent that all
report in the London " Telegraph " of Februnels.
measures

to

A

not fully confirmed, stated that
M. Witte, as President of the Committee of Ministers,
had been charged by the Czar to extend and develop the
ary

3,

which, however,

principles

is

of the reforms provided for in

the available supplies of bankers'

bills,

including those

which were drawn for the reimbursement of gold shipments to Europe, were exhausted, and rates for sight
highest which were
the Imperial drafts rose to within 40 points of the

A

special demand for remittance
recorded last year.
uka«e of December 25 1904. There was only a slight
this week was claimed to be to pay for short-term railroad
response in the Continental securities markets to the
notes and bonds which had been held in Europe and had
above noted political news and practically none in the
matured or were about to mature also for settlements
discount markets.
securities held abroad which had been sold during the
The statement of the :N"ew York Associated Banks for
previous week while the foreign markets were unsettled
.last week showed the surprising gain of $9,749,100 in

;

'

;

;

(though

cash reserves
I

it

was probably

in considerable

as the result of the political

and industrial disturbance

in

Febru-

was also a demand
some book-keeping arrangement in the pro- Eussia, and there
ary interest on American investments held in Europe.
cess of transfering of 10 per cent by the depository banks
The relatively better demand for money abroad than in
of the United States to the Treasury) of which $6,379,000
Kew York contributed to the strong tone for exchange,
was contributed by one of the largest banks the cash
chiefly because bankers refrained from drawing against
gain for the week made a total in the fortnight of
employed, thus tending to
Loans were increased last week $16,831,- credits which were profitably
$20,187,400,
limit ofi'erings of bills which otherwise might have aided
700 and deposits $26,013,400, while the surplus reserve
To some extent bankers
in meeting urgent requirements.
was augmented $3,245,750 to $26,979,550. The bank
transferred their balances abroad for employment, thus
statement of this week should reflect the average for
The inquiry for
increasing the demand for exchange.
five days of $3,000,000 gold withdrawn on Friday of
gold which resulted in the shipment to Paris on Thursday
last week for shipment in great part to Paris; the average
of almost an unprecedented amount by a single steamer
for three days of the withdrawal of $9,131,424 gold on
to the conditions of the l^ew York and the
Wednesday for shipment to Paris on Thursday, also the was due
Paris markets for exchange on London, the former conaverage for one day of $2,000,000 gold which was
ditions being caused by the extraordinary demand
withdrawn on Friday for shipment to Cuba to-day.
above noted and the latter by realizations by French
to remit for

part due to

;

.

representing bankers' balances, though
easy early in the week at If '2)2 per cent, became firm on
Wednesday, influenced by the large withdrawals of gold

Money on

call,

bankers on their investments in London, drawings against
which reduced the Paris check rate to figures which
made profitable the export of gold coin hence to the

Tl-.ese
capital as an arbitration operation.
and then loans were made at 3 French
berealizations by French bankers were made necessary
per cent the range for the week was 3 per cent and If
their
cause of the desire of these bankers to reinforce
per cent and the average was about 2^ per cent. Banks
holdreserves for the protection of French investment
and trust companies loaned at 2 per cent as the miniwhich was
ings of Eussian securities, serious depreciation in
mum. On Monday and on Tuesday loans were at 2 per
threatened because of the unsettled political and induscent and at If per cent, with the bulk of the business at
It was also stated that there
in Eussia.
On Wednesday transactions were at 3 per trial situation
2 per cent.
was a need for reinforcement of reserves in order to procent and at 2 per cent, with the majority at 2^ per cent.
loan,
pare for the emission of that part of the new Eussian
On Thursday and on Friday loans were at 2^ per
amounting to $150,000,000, which had been apportioned
cent and at If per cent, with the bulk of the
syndicate which underwrote the issue.
Time loans on good to France by the
per cent
2
at
business
Though the emission of this loan, which was originally
mixed Stock Exchange collateral are freely ofi"ered
until
intended to be made this month, had been postponed
at 2f ®3 per cent for sixty days to four months, 3'S)3^ per
to take
April, it was doubtless regarded as advisable
cent for five to six and 3J per cent for seven to eight
make
advantage of the prevailing exchange conditions to
months though loans are quoted at 3J®3f per cent for
negotiation hence the extraorThe commercial ample provision for the
reported.

for

shipment

to Paris,

;

;

;

all

the year, no

paper market

business

is

quiet

is

with a good demand and only

moderate offerings. Eates are 31^2)4 per cent for sixty to
ninety day endorsed bills receivable, 3f'S)4| per cent for
prime and 4 J per cent for good four to six months' single

movement

feature of the market which attracted attention

One

was the

York
continued advance in rates for exchange at Kew
gold;
of
on London, notwithstanding the large exports
was due, as above noted, to the urgent demand
this

names.

England minimum rate of discount remains unchanged at 3 per cent. The cable reports discounts of sixty to ninety-day bank bills in London 2J

The Bank

per cent.

dinarily large

of gold to Paris this week.

of

The open market

rate

at Paris

is

2^ per cent

bills
which led to the prompt absorption of the steriing
shipwhich were drawn for the reimbursement of the
of lowments. Another feature was the maintenance
Thursday,
for exchange at Paris on London until

rates

bankers on
indicating continued realizations by French

.

..

Feb.

THE CHRONICLE.

4, 1905.1

563

Ou

Thursday the
With the Sub-Treasury operations and gold exports
Paris check rate rose two centimes, but this was prob- the result is as follows.
ably due to purchases of this exchange as coyer for the
Int9
Oat of
Net Change i\i
Week ending Feb. 3, 1905.
Banks.
Banks.
Bank Uoldiugs.
sterling reimbursing bills which were drawn against the
investments on the London market,

If the Paris check rate shall again

gold exports.
as

is

thought

mand

our

for

indicate that

likely, it will

has

gold

French

the

been

yet

not

fall,

Banks interior movcuie^it as above
Sub-Treas. oper. .icd jjold e.vports..

$13,160,000
39,000,000

$4,018,000
46,000.000

Gain.
Loss.

Total cold and lezil terrtera

$53,160,000

50,018,000

Gain. 83,14'2.000

$9,l-l:i,000

7,000.000

de...

satisfied,

The following table indicates the amount of bullion in
and if exchange at New York ou London shall
European banks.
remain strong, more gold will probably go forwarJ. The the principal
exports of gold to Paris for the week were $9,131, 123 94,
February 2, 1903.
Febmarv 4, 1904.
which was shipped on the French steamer which
sailed on Thursday. Included in this sum was a consignment of $681,423 94 gold bars; the remainder consisted of

Bank of

of

all

which was negotiated
about $9,000,000 more

last year.

It

expected that

is

will be shipped, this going forward

Gold received

next few weeks.

at intervals during the
at the

loan tor $35,000,000

Custom House during the week

Total.

£

Gold.

Silver.

lotah

£

£

£

33,60S,7D0

108,098,260

44.020,450 152,048,710

93,790,741

13,359,000

33,770,000
86,050,000

48,401,000

53,436,000
5,732,000 100,309,000
12,537,000 60,938,000

40,590,000

12,488,000

59,078,000

Spain

14,922,000

20,197,000

Italy

22,488.000
5.837,900

3,193,300
6,265.100

3,153,333

1,576.667

France
.

Cuban

V

.S.5,510,S30

There was an export to-day (Saturday) of 82,000,- Germany
Itussia
000 gold coin to Cuba, this being part of the third instal- Aust.-Hnt!.
of the proceeds of the

Silver.

V
85,510,320

KrKland....

coin.

ment

Gold.

40,077,000
100,.'i77,GOO

Netherl'ds.
Nat. Belg..

33,000,700
44,251,256 138.041,997
11,865,000 45,635,000
7,313,000

93,363,000

35,119,000
23,661.300

14.586,000

19,745,000

34,331-,000

22,085,000

3,723,900

12,103,000

5,039,200

6,556,100

25,808,900
11,595,300

4,750,000

3,144,667

1,572,333

4,717.000

Tot. week... 378,075,323 10G.8S0.617 4a5,855,SiO 338.GG3,308 107,5 It, 58fi 446,176,897
Tot. prev... 377,949,864 106.9ii7,605 484.877,469 8:i9,8.=.4.301 106.628.5C1 446.482.862

$20.5,544.

THU CZAR Am) THE RUSSIAN PEOPLE.
liTominal quotations

exchange are 4

sterling

for

80®

The two events of the past week which have thrown
4 86^ for sixty day and 4 88^'S)4 89 for sight. Ou Mon- light upon the confused internal situation of
Russia have
day the market was easy in tone and, compared with been, first, the olfort of the Czar to conciliate
the disrates on Friday of last week, 5 points h)wev for long and
affected labor element, and, second, the Government's
for cables at 4 8550'2)4 8555 lor the former and at
attempt to retrieve the unfortunate home situation by
4 8S25'2)4 8830 for the latter; short was 15 points lower achieving some successes in the field.
to
4 8775'2'4 8780. On Tuesday
strong at an advance of 20 points

the

at

4 8570'a)4 8580, short

to

was

quite

these undertakings,

its

success

— long

to

cult to judge.

4 8795'a)4 8805 and cables

to

complete

to

dition of national politics that

On Wednesday

4 8845^4 8855.

tone

around

all

long rose

4 8575'2)4 8585 and short 10 points

5 points

is for

The second appears

As
many

first

reasons

of

diffi-

have met with
a well-known tra-

to

iSTeedless to say, it is

fixilure?

the

a brilliant victory at the

4 8805'S;4 8810, front will extinguish the greater part of a menacing;
while cables fell 5 points to 4 8840®4 8850. The market
It is hardly to be doubted]
popular movement at home.
was easier on Thursday and 5 points lower for short and that the advance of General Grippenberg, at the close
of
cables at 4 88'a)4 8810 for the fonner and at 4 8835®
last week, against the Japanese flank at Mukden, was!
4 8845 for the latter; long was unchanged. The tone
designed with such a purpose.
The movement was
was firm on Friday at unchanged rates.
foiled, as each of
Kuropatkin's previous advancing'
The following shows daily posted rates for sterling movements has been. The Eussians met with some
exchange by some of the leading drawers.
initial
but were
to

small

MON.,

Jan.

Brown

60 days
SiKht
BarinE,
( 60 days
Ma«oon & Co. ( SiKbt
Bank British
( 60 days
No. America.. \ Sight.
Bank of
60 days
Montreal
(Sight..
5

Brothers

(

27.

4 86

Jan. 30.
86

483

86

.

(

Canadian Bank
of

Ccmmeree.

Heidelbacb.Irk-

elbeimer&Co.
Lazard

days

S

(10

(

Sls/ht

\

.

60 days
Sight ..
CO days

Tfiur.,

heo.

iei.

4

8')

86
88ifi
8.;

86

86

88^

86

80

8(1

iSitftt..

488J^

88J^

88}<;

Merchants' Bk. (60 days

4 80
4 88>4

8(i

86

8o

881/

88i.<i

ssy,

of (;ana<!a.

...

(

(

Sisht,

The market

..

89
80

89
86

S8J4

8S14

86

8(5

88«

S8«

If'reres

89

my,

4 88!^
4 86

)

this

already suggested in these columns

epi-

what

—namely,

86!4

89

89
S614

86i:i

89
80

Manchuria has been radically altered since the Japanese captured Port Arthur
and fortified their lines before Mukden. Under such circumstances, and in default of such a general forward
that the strategical situation in

89

m}4

^^'

86

fi*om

sode, in a military way, lies in its confirmation of

wo have

to

or more.

f-0

8G.4

8G
88Vi

88>.i

4 88>.^

2.

Phi..
FiU. 3.
^OVa

h9

m

4 86
4 88«
4 86
4 88^
4 80

I.

8(.

8««

.

retire

Wed..

TPEH..
Jan. :{i.

men

with
10,000
Perhaps the most interesting inference

DAILY POSTED RATES TOE FOREIGM EXCHANGE.
Fri..

eventually obliged

successes,

losses of

89
86

movement as

the .Japanese are very unlikely to undertake

at the present time, the position is that the Russians, if

they wish

to

do anything but stand on their present

ground, must become the aggressors and adopt the recent

8575^4 8585
and 4 8835^4 8845

closed on Friday at 4

for

tactics of tlie Japanese,

with

all

the terrific waste of

life

To
involved in frontal assaults on fortified positions.
8810 for short
for
willingness.
cables.
Commercial on banks, 4 8540'a/4 8550 and this the -Japanese submitted with cheerful
practicable
would
be
documents for payment, 4 84^'S)4 8580. Cotton for pay- Whether the same variety of tactics
ment, 4 84^'S;4 85, cotton for acceptance, 4 8540® to General Kuropatkin's army, reinforced only slowly auil
by degrees by the Siberian Railway, is a rather different
4 8550 and grain for payment, 4 8570'2i4 8580.

long,

4

88'S)4

question.

The

The
to

following gives the week's

and from the
TTffTc

endino Feb.

interior

3,

by the

Xew York

Rectired fry
Y. Banks.

10C5.

A'.

Currency
Gold
Total gold and leaal tenders.

...

movements of money
banks.

Shipped bv
r. Bank).

.V.

y'et Interior

Movement.

J10.69C,000
2,4GT.0OO

?3,09 1,000
924.000

Gain. $7,509,000
Gain. 1,543.000

$13,160,000

t>4,018,000

Gain. ?9,142.000

incidents of this

week

certain sense pathetic; yet

it

at St. Petersburg
is

were

possible that they

in

^

may

have contained the germ of important developments iu
the situation.
The Czar announced, through his Min-

would personally receive a deputation of
the revolting workmen, and the event occurred last
isters,

that he

Wednesday
It

suburban palace of St. Petersburg.
a speech by the Czar in which ho

in the

consisted

in

[Vol. lxxx.

THE CHRONICLE.

564

recent deraonstra'g»Te forth the following view of the

of unpalatable political opinion will not

this occasion

on

If the dispatches are to be believed,

be adopted.

Gen-

tion.

must himself have been warned to use as
inevitable eral Trepoff
The recent lamentable events with snch sad but
powers with which, in
yourselves to be little as possible the dictatorial
remits have occnrred because you allowed
Along with this,
our country. When the first alarm, he had been invested.
led astray by traitors and enemies to
on your needs, and possibly as a cause of it, it is highly interesting to
they induced you to address a petition to me
my Govern- observe the unusual sensitiveness to foreign public opinand
me
against
they desired to see you revolt
work at a
honest
your
ment. They forced you to leave
throughout the Eussian press in
un- ion which is exhibited
laboring
be
should
workmen
Russian
all
when
period
our obstmate the Eussian official circles.
ceasingly in order that we might vanquish
An interview bearing the signs of authenticity was
enemy.

led the crowds to
Strikes and disgraceful demonstrations
the authorioblige,
will
disorders which obliged, and always
As a result innocent people were
ties to call cut troops.
workman is not easy.
victims. I know that the lot of the
You
Many things require improvement, but have patience.
emyour
towards
just
will understand it is necessary to be
But
industries.
ployers and to consider the condition of our
in order to declare
to come to see me as a rebellious mob
your wan s, is a crime.
I will take
In my solicitude for the working classes
will be
possible
everything
measures which will assure that
their
of
done to improve their lot and secure an investigation
demands through legal channels,
their
of the honesty of the workmen and

published this week by the correspondent of an American
newspaper with Grand Duke Vladimir, in which, after
scrupulously denying

bloody

affair of

all

personal participation

January 22,

devoted his attention

to

this

eminent

in the

repressionist

appealing against the criticisms

situation—in America particuThe usual
larly and in the civilized world in general.
in the
reference to Eussia's friendship to this country
the signifiCivil AVar was to have been expected ; but

current on

the Eussian

cant fact in the

attitude

assumed by

this

uncle of the

very
Czar and active member of the court cabal was the
his
and
I am convinced
plain evidence of his wash to rehabilitate himself
Return
transgression.
their
devotion to myself, and I pardon
the respect and good wUl of other nations.
carry out the tasks country in
and
comrades
your
with
work
your
to
of the
This it hardly need be said, is not the attitude
allotted to you.
It shows that
years ago.
re- insolent autocracy of twenty
That a deputation of the sort should have been
possibly
But the Eussia has been taught a very useful lesson—
important.
ceived at

all is

doubtless of itself

criticism

which

will naturally occur to the unbiased

is

that

the

time to have

made an arrangement

mind through

of the

the

chastening influence of a

disastrous war,

which have
possibly through the complications of finance
prevalent
impelled its careful study of the feeling

and to have listened to the dissatisfied laborers, was
in the among foreign peoples.
two weeks ago, before the predicted demonstration
Under such circumstances it is not surprising that the
incredible stupidity,
streets of the citj was allowed, with
have begun to tell of wider plana
Under existing circumstances, the current rumors should
did.

sort,

go as far as it
petitioners for political reform.
side, the of concession to the Eussian
audience granted by the Czar had, on the one
submitted to the Czar
a The story that a Minister of State
appearance of concession wrung from a sovereign by
Constitution, and that the
hand, this week his draft of a written
formidable demonstration, and, on the other
was apparently the product of
to Czar irresolutely signed it,
lecture
a
read
that of a mere attempt to
imagination but it is not so certain that some
It will be noticed a hasty
dissatisfied petitioners for reform.
be witnessed before
workmen, development of the sort may not not
the
of
petition
the
although
that,
Whether authentic
demonstration, long in the Eussian Government.
published at the time of last week's
Yermolofl", a member of the
of or 'not, the story that M.
made a special point of political reform and
that Eussia could no longer be
to this Council, notified the Czar
grant of public liberty, no reference whatever
save by the co-operation of the
Czar's address successfully governed
subject is contained in the reports of the
of the
people, correctly described the real facts
Where he rebuked the Zemstvos petition as Eussian
to them.
Xor is it possible that the Eussian Govern" untactful," he refuses even to refer to the laborers' situation.
De Witte in its council, should entirely
that it was sedition. ment, with M.
political petition, except to intimate
the very frank statements
were the have missed the meaning of
grievances
labor
the
that
assumes
Czar
The
communities at Berlin and^
Clearly, given out by the banking
beginning and the end of the petition.
credit would be fortified,in Paris, to the effect that Eussian
Czar has to offer
the
that
all
this, is
if
political power to the
not weakened, by an extension of
way of compromise, the audience might as
the
If in the end the outcome of this dis-,
people.
with. That something has governed
-well have been dispensed
the case of many similar wars by other
to meet astrous war, as in
been gained through an apparent willingness
of the Eussian govnations, should be intelligent reform
conceded.
be
readily
will
face
to
face
dissatisfied citizens
the vital problems of the Euro.;
in ernmental system, one of
earnest
in
less
were
citizens
Russian
But unless the
be far on the way to its solution.
there is reason pean situation will
than
government
better
for
appeal
their
as may
To reckon, however, that such concessions
that this should be
inconceivable
quite
is
it
suppose,
to
will avaU
have been made, or may be in contemplation,
it will be observed
the end of the agitation. Furthermore,
Government while still prosecuting its hapthe Czar to the the Eussian
that the carefully chosen remarks of
the East, would be to rely upon
grievances and less military contest in
laborers, based wholly on their industrial
Kot the least pregnant fact in
a dangerous assumption.
might
as
such
concessions
and
remedies
promising only
weeks
protests submitted these past
strike, can all petitions and
ordinary
an
of
settlement
the
in
be suggested
labor organizations to the
submitted from public bodies and from
demands
the
to
relation
have
possibility
by no
war
their positive avowal that the
various professional Goverument has been
lately by the Zemstvos or by the
and suicidal and a wicked
heard during in Manchuria was useless
bodies whose distinct opinions have been
that, begun as it
of Eussian life and treasure, and
waste
the week of agitation.
whole,
of the Eussian people as a
lies in was against the will
situation
present
the
in
element
TLe reassuring
opinion should be to bring
the first concession to popular
tyranof
policy
the
week
that
tliis
hand
the evidence at
expression it to a close.
repression and of brutal punishment for

to

;

nical

r

Feb.

LATE YEARNS lEOy
^

mu
The

'

THE CHRONICLE.

4, 1905.]

TRIE

7

For the

PRODUGTIOJSr.

565

twelve months of 1904 the country's
out-'
was 16,497,033 tons,
as
a<rainst
dod-iust
«*»
18
00^2^2
j.o,uuy,zo^
^,
.^^
X
i
the calendar
year 1903 and 17 821307 ^ons
m
^h^^h'^^' tons in'
fall

piitof pig-iron

^

,
conceminff .1.
the production
ofutons
^
F "uuv^tiuii oi
,
.1^u TT
Iron
the United States during the calendar year 1904 Lv,
^
m,
^^^ calcudar
year -.o/o
1902.
This is a ^un&iutiduie
•1
considerable reaucA-^.
T^T
T
Ti/r
a
^.
r
.^,
T
reduc
as complied
by Mr.
James
M. Swank
for the American
j
+•
-xi.
-.-u
'''''"*"
tion
as
compared
with
either
one of the two years
^T
PC*
A
X
X.
vears prenrn
Iron
Steel Association,
serve to emphasize the feat-'
&
,
^^,
v
-u
^u
,x
c^tlmg,
though
the
result
is
changed
1
XT,
^•1
somewhat wnen
bumewnat
r
X
whpn
*
ures disclosed
the returns of
private investigators. It
,
n
j^
.-u
"."^''^"'^^^^^^^ These stocks
was a year which opened under decidedly unfavorable
!
'r\i!
depression in the trade which
auspices, but which closed with the iron and steel trade '°
^^^V..'" \' -^
^

t.

4.-

•

statistics
-^ ^ o^ .

oflBcial

m
.

.

m
•

;i

•

,

•

•

i

'

j

•

1

.

,

I

•

m
•

•

.

•

•

;,

^'"T

!

tZlT

^5^1

inastateofgreat activity and buoyancy. Mr. Swank
951 tons to
reports the make of iron for the last six months of 1904
improvement
i

at 8,323,595 tons, as against 8,173,438 tons for the first

months of the same

six

year.

But

this

full

of the change in conditions which took place.

this city

(and which when combined

that corresponds

make

very closely with the

the

trade,

the

stocks

^°"

'''

with

were

the

again

from

598,489 tons to 446,442 tons. Mr.
Swank's figures of stocks, it is proper to say, include all
extent iron
in the hands of manufacturers not intended for their

own consumption and also all iron in the warrant yards.
of Allowing
for the changes in stocks, the consumption
of
an aggregate
home pig iron in 1904 was 16,649,080 tons against

prepared by the "Iron

statistics

in

''"ToZ'
m
1904,

'

tons:
tons;

comparatively

small increase in output does not reflect the

The monthly

reduced

598,489

Age"

official

total.

17,460,714 in 1903, showing in this
;^""' T"\°^
'Z

V

ZtlZ

allowing for the fact that our contemporary's figures do
not include the production of the charcoal furnaces) have

i

I^^k

,T'
*^? '^'"''°''^''°

! (

.

'

way

a decrease
"'
''"''"'' of

"
.^I
"""^ ''''^°* '^'^^

'^ *^' ^"^P"^^ "^ P^^ ^^^°'

shown that the production varied greatly during ^^e
! . ^^?"nf
different months of the year, but thaTin BeZ^V^lll^:^?
^P^^tions.
The final result,
output reached 1,614,349 tons, or the largest of any
•'
^Tt^
H
. ^^''^'^
""''^
"^^ '^'''
'''''' ""^
'^^'^ ^^t« consideration,
month since May and June 1903,
1903. and comparing
comLrin. with
is shown in the following table.
only 846,605 tons in December 1903 and 921,231 in
PIG IBOK PBODPCTION, STOCKS. IMPOSTS, 40.
January 1904. There had been marked recovery in the
Ions 9f a.240 P'nd*.
1904.
1008.
1902.
1901.
1000.
iao9.
early months of 1904, bringing an increase in output to
'

^

f

|

j

1,205,449 tons in February, to 1,447,065 tons in

March

and to 1,557,267 tons and 1,533,350, respectively,
and May; but the improvement was not lasting.

It

in April

446,020

was

a false start and rested on a wrong basis. During this
period the attempt was to maintain an artificial level of

As

a consequence, in July the product was again
down to 1,106,297 tons, and in August the amount was
but little larger, or 1,167,672 tons. Then the mistake
prices.

Stock of pig Jan. 1.
688,4 ?s40,951
73,6 »
446,020
68,309
416,833
Product "n dnr'g yx. 16,497,033 18,000,862 17,831,807 15,878,364
13788242 18,e20,70«
Total inpplr
17,086,822 18.059,203 17,894,964 16,324.374 13857651
14,036,088
Stock end of jear.
4i6,442
698,489
73,64-'
49,961

Cnsmn.of home pt£
Import* of plf.
Total

08,308

16,649,080 17,460,714 17,845,008 16,250,727 13411631
13,967,727
79,600
600,674
619.851
62,980
62,666
40,898

10,728.680 18,060,888 18,494,857 16,813,667 13464096
14,008,12*
40.025
20,379
87,487
81,211
289.687
228,678

Bzportaof iric
Doateatic oonininp.

1

6.679.5^61 18,039,900 1°.4 86.870 16,g82,44«ll''lT7409
lS,779,44i
1

The above makes

it evident that the domestic con-^
sumption of pig iron in 1904 was only 16,679,555 ton8,i
which had been made was recognized and in September
against 18,039,909 tons in 1903 and
18,436,870 tons in'
quotations were marked down all around, one instance
1902.
But even this does not indicate the whole of the'
being the price of steel billets, which was then reduced
reduction which occurred in domestic consumption.
In'
from 123 a ton to $19 50 per ton. With this change in
treating of the imports and exports of iron in
the statepolicy, enduring results were achieved, so that in
less ment given, we
have taken account only of the movethan two months thereafter (namely, on l^ov.
15) it was ment in iron alone.
But pig iron by itself forms only a
found possible again to raise the price of billets to $2L
small

The revival

part of the country's imports

in the iron

and

steel trades

which formed and

and exports of iron

In 1902, and also in 1903 until the closing
such a conspicuous feature of affairs during the closing
months, the situation was such that we imported iron
months of 1904 may be said to have had its origin m
and steel in very large amounts to supply the deficiency
this reduction in
prices in September,
for the cut then existing in
the home product to meet home require-'
served at once to stimulate consumption and to promote
ment In 1904, on the other hand, an exactly opposite^
steel.

|

confidence in the

level

of values and the

state of the

state of things

prevailed,

the

home

product, notwith-'

Another circumstance operated to the same end.
standing the decrease in the same, being greatly in exConsumption had been curtatled to a really striking excess of the home demand, making it necessary to find
a
tent
The full measure of this curtailment cannot be
market abroad for the surplus. The contrast in these
ascertained by consulting the 1904 figures of
production
trade.

particulars

alone.

It is necessary to

go further back.

We

accord-

ingly present the following table, showing
the iron product by half-yearly periods since the close
of 1899.

PBODUOXION OP PIG tBOS IK HALP-TBAKLT PBUOIM.

18W-l,tha«
looft_?^*^^Hi
1900-l8t
half
Iftm
i^.^ ^'HV
1901-lst
ha«

2d Half

SsJim
7,331,636
7,642,5«9
6,146,673
7,674,613
8,203,741

,«^-

1902— iBt half
2d half
1903-1 St half
2d half
1904-lsthalf
2d half

^osi

IMPOBT8 AND EXPOBT8 OP ALL KINDS OP IBOH AHD SRKI,.
1001.

266S03

1903.
1,178.797

.1,167,673

826,590

1,206,813
876,078

Kzcesa of ezporta 001,275
KxceM of Imports

852.207

831,735

Kiportfc

8,808,574
9,012,738
9,707,867
8,301,H85
8,173.438
8,323,595

graphically revealed in the following table,
show the imports and exports of all kinds of

which we
iron and steel, including the pig metal.
in

_
Importa
Tons.

is

1902.

1901-

'
180*,"i

221,892
700,R67

1800.
209,956
1.154,i84

043.6W

479,6e6

944,329

7«0,409

ITsSi

Thus in 1904 we exported 901,275 tons of iron and
steel more than we imported, whereas in 1903 our Imports exceeded our exports in the amount of 852,207
tons and in 1902 they exceeded the exports by 831,735

It will be seen from

the foregoing that our make of
iron in the last half of
1904, notwithstanding the increase which then occurred,
fell far below the maximum tons.
Deducting, therefore, the 901,275 tons of net extotal for a six-months period
which was reached in the ports from the 16,649,080 tons consumption of home pig
first half of 1903 and
amounted to 9,707,367 tons, and iron in 1904, and adding the 852,207 tons excess of imwas also less by a considerable amount
than the product ports to the consumption in 1903 and the 831,735 tOM
•f either the first or the second
half of 1902.
excess of imports to the home consumption in 1902, tii^'
I

THE CHRONICLE.

566

comparison would stand—15,747,805 tons for 1904,
against 18,312,921 tons for 1903 and 18,070,737 tons
The contraction is accordingly fonud to
for 1902.
have been over 2i million tons as compared witli 1903

[Vol. lxxx.
recent years.

creasing their furnace capacity in

Jersey also

lias

more iron

to its credit

Kew

than in preceding

was maintained at
The loss was borne
nearly the same figures as in 19D3.
mainly by the Southern States and by Pennsylvania and

years, while the product of Illinois

and nearly 3 million tons as compared with 1902.
It was this great curtailment of consumption that fur- Ohio.
nished the basis for the improvement in demand which

when

developed

prices were reduced to the proper level.

say that the average of prices on all
leading articles of iron and steel (excepting only steel

We need hardly

NORTH WESTERN RESULTS
CHICAGO
FOR THE CALENDAR YEAR.
(i-

The great activity and rise in price of the shares of
which were maintained at unchanged ligures,) was
Company
the Chicago & North Western Eailway
much lower for 1901 than for 1903. In fact it was the give exceptional interest to the income results for the
It is always useful to have
lowest of all recent years.
calendar year, which we have obtained the present week
the
annex
we
accordingly
and
averages,
yearly
these

rails,

following table, showing the yearly figures back to 1897.

AVERAGE lEAKLT

PJBICB8

OF IKON

AlID STEEL,

$f*«

1S04.

Article»—
Oldlron Trails at PhUa..ton.l6 22
No Isnth-fdypigatPhU." 16 57
to^y forge plgCnatPWl." 13 67
Gray tOTge piK Iron, I>ake
12 80
ore, at Pittsburgh
13 76
Bessem'r pig Iron at Pitts,
28 00
(Steel rails at miUs In Pa.
" 2213
StlbUletBatmlllsatPitts.
Best refined bar iron from
100 lbs. 173
store at Piilla
"
143
Best re'd bar Iron at Pitts.

1903.

1902.

1901.

1897 TO 1904.

lt»00.

1899.

*
t
2117 23 83 19 82 19 51 20 36
8
98
19 36
19
19 92 2319 16
17X3 19 20 14 08 16 49 18 60
17 53
18 98
28 00
27 91

19 49
20 67
28 00
20 57

2 00

2 13

177

194

$*

1898.

1897.

12 89

12 4S

1166 1210
10 23

918

14 20 16 90
15 93 19 49
2T3;J 33 29
2i 13 2o06

16 72
19 08

2812
3112

10 33
17 68
16 31

li^

2C7
196

128
107

184
180

2 13

10 48

9 03
J

013

18 75
16 08

131
110

in the usual form.

The common

stock of the

company

on Tuesday sold up to 249, as against only 205^ on Janand but 161|^ in March of last year. Accomuary
panying the rise there have been all sorts of rumors of
combinations and alliances, one of these rumors suggesting that the stock was to be taken up with a joint issue
N'othof bonds at a figure in the neighborhood of 300.
ing has developed to substantiate any of these rumors^

and the one undisputed fact which remains
property under its existing management

is
is

that the

enjoying

In connection with these low averages for 1904,
wonderful prosperity.
should be recalled that while in 1903 closing prices
New evidence of this prosperity is found in the figures
the
on
in
averages,
1904,
were far below the yearly
As is well known, 1904 was not
for the calendar year.
averages.
yearly
the
above
other hand, they were much
a period of favorable traffic conditions—no more so for
of
average
the
In
1903
suffice:
The
One illustration must
the Chicago & North Western than for other roads.
Bessemer pig iron at Pittsburgh was $18 98, but the weather was exceptionally severe the early part of the
December 1903 figure was only $14 40, to which there year, the gi'ain traffic did not measure up to its usual
had been a decline from $22 85 in January 1903. In proportions, owing mainly (in the case of the North
1904 the average of Bessemer pig iron at Pittsburgh Western) to a short yield of spring wheat, while the volwas only $13 76, but the December price was $16 72, ume of merchandise and general freight was adversely
fi'om $12 46
and
to which figure there had been an advance
affected to h certain extent by the quietude of trade
it

in July 1904-

business for a good part of the time.

Before closing,

it

will

be

interesting

to

show the

changes in the pig-iron production in the different States.
Accordingly we present the following table covering the
seven years.

last

190^

le03.

1902.

1901.

1900.

1899.

1893.

T(m».
Tone.
Tom.
Tons
Tom
So. States1.033,678
1,453.613 1,661,388 1,472.811 1,226.212 1,184.887 1.088.906
Alabama.,

283.274
263,439
192,699
100.724
13,762

16«,S»7
68,462

490.617
862,190
166.758
71.562

366.491
346.168
187.858
119,019

32,315

87.333

28.984

17.886

803,229
8,095

803,186
2.273

890.073
10.150

234.477
5.803

2,743,3i;j 3,237,0(79 3.034,574 2.578.664

2.604.671

2.360.554 Z.0S3.728

pemisylr'nla 7.644,321 8,2U.600 8.117.800 7.343.257

6,865,935

6,658.878 5.537.832
2,378,212 1,986.358
228.011
264,346

Virginia..

Tennessee
W.VlTKlnU..
Kentncky...

Oeor^a
N. Carolina.
Maryland...

Texas
Total..

448.662

418,368
199.013
102,411

637,816
392.778
183.005
110,726

.156
\ 70.

76,602

293,441
5,630

321,570
11,653

810,628
302,096
270,946
37.108

644,034

337489

2.977.S29 3,aS7,484 8,631,888 8,329,426 2.470.911
New York ... 606,709 552,917 401.869 283,668 292.827
New Jersey.. 262,294 211,667 191,880 155,748 170,262
1.655,991 1,692.375 1.730,220 1,596,850 1,303,383
lUlnois
163,713
170,762
233,226 244.709 155.218

Ohio

Michigan

....

Wisconsin...
Missonrl
All others ...

233.516 +273.987 +307,551
270.289 •269,930 •203.409
11,828
15.446
17.765

210,404
161,776
12.071

Orand total 1 ^497083] 800»«5«l 178 JISO' 15878354
• IndudinK Colorado and State of Washington
1

A noteworthy circumstance
is

that while

the

make

oft"

was not very

large, the total of the gross for

$16,667,889,
margin of
pany, however, has for years had such a large
served to
surplus that these changes in earnings have
affect the final result in only small degree.

ment reduced

190.974
6.178

the appropriation

made

The manage-

out of income for

improvements and permanent additions
same as
the property; otherwise the outcome is the

construction,

to

be-

fore.

Dividends are 7 per cent per annum on the common
and the call
stock and 8 per cent on the preferred stock,
balance avaU.
this purpose is $5,174,924 per year. The
for

almost twice this amount,
Deducting the $5,174,924 required

able for the stock in 1904 was

being $9,963,101.

18.789,212 I3.6«0.70n 117733:U

+ InciudinK Minnesota.

for the

sum

disclosed by the foregoing
for the

months ending December

1904 being $53,705,091, against $54,396,248 for 1903.
due
In the net earnings the loss was somewhat heavier,
The net for 1904 foots up
to augmented expenses.
The comagainst $17,514,023 for 1903.

127,598 100,031
1,442,012 1.365,898
134,443 147.640
+203.175 172.781
+184,791
141.010
•138.880
»159,201
9,997
12.605
13,513

of iron in 1904

consequence,

31 1904 did not quite equal those for the corresponding
On the whole, however, the
twelve months of 1903.
falling

PEODCCTION OF PIG IRON BY STATES.
Tont of 2,210
Pownda.

gross earnings lor the twelve

As a

dividends, there

was

Of

this,

of $4,788,177.

whole providing

for

construction,

left

a surplus in

the large

$4,000,000 was appUed in
leaving even then a
etc.,

To furnish a comparison with preof $788,177.
over 1^ million tons, as compared with balance
It should
the following table.
in- ceding years we present
actually
States
the
of
some
of
product
the
1903
include the
understooil that the accounts now
The remark applies particularly to New York be
creased.
lines or Fremont Elkagainst operations of the Trans-Missouri
State, in which 005,709 tons were made in 1904,
of
Missouri Valley system. The operations
horn
552,917 tons in 1903, 401,369 tons in 1902 and only 283,of the parent
these lines have been merged in those
062 tons in 1901. This no doubt reflects the work of the
estima^^^^^^^^^^
system since IMu-uaiT 16 1903 and we
new furnace plants of the Lackawanna Steel Co. and
that of
for the calendar year 1903,
independent concerns which have been in- viewing the results

country

fell off

&

|

of

some other

!

Feb.

THE CHRONICLE.

4, 1906.]

earnings of 6J million dollars recorded in that year about 4 million dollars had been
the increase in gross

to the inclusion of these lines.
-Twelvemonths ending Dec. 31.
1902.
X903.
1901.
1904.
OHIO. 4 NOBTH WEST.
5,890
5,638
7,189
7,410
(ave'ge)
road
Miles ol

due

*

$

$

$

53,705,091 64,396,248 48,026,708 45,910,020
37,037,202 36,882,225 31,855,065 29,126,052

Gross earnings

Expenses

Net earnings
Charges—

16,667,859

17,514,023

16,171,643

16,789,968

Int. (less credits)

*6,479,788

t5,972,792

115,541,640

15,816,909

225,000

225,500

225,000

225,500

Sinking funds

5.766,640

6,198,292

6,704,788

Total.

6,042,409

&

11,315,731
5,174,742

10,405,003
4,837,005

10,747,559
3,914,594

4,788,177
eto. 4,000,000

6,140,989
5,013,418

5,567,998
4,697,055

6,833,165
4,169,526

with only $57,952,038 Dec. 31 1903. I^ext in rank
comes the Mercantile Trust, which also made a large
addition to its business during the twelve months, its aggregate assets

870,943
1,127,671
2,663,639
788.177
This is amount after a deduotlon of $156,985 for Income from
InveetmeDte.
1 We have allowed in 1903 for a credit of $830,767 for income from
Investments.
$9,828 interest paid in advance of
\\ In thl8 we have included
maturity on bonds taken up and funded into 3-43 per cent general
mortgage gold bonds of 1987, and have allowed for a credit of $553,435 lor income from investments.
jlnoludeein ISOI $*.s, 19 2 Interest paid in advance of maturity on
oonds taken up and funiled Into S^a per cents, and aUows for a credit
of $577,080 for Income from investments.
•

now being

end of 1903,
number of companies in
992

at the

same way

$85,134,964, against $58,381,As a matter of fact, an unusual

this city is distinguished in the

There

the present time.

the United States

is

Trust, with resources of $73,628,980, against

the

Guaranty

$41,018,720; the
in

Surplns
New eqaipment,

—

which, by the way, made noteworthy furduring
the past twelve months, its aggregate
ther growth
resources at $91,077,662 for Dec. 31 1904, comparing

Trust Co.

766;
Balance for Stock.... 9,963,101
6.174,924
Dividends

567

$62,311,-

Trust, with

Xew York

$66,982,866, against
Security
Trust Co. (which

&

1904 absorbed the Continental Trust), with $63,968,-

Union Trust, with $63,520,563, against $59,140,811; the Morton Trust, with
235, against $35,263,244; the

against

$62,278,416,

$61,043,337, against

with
bocker

Trust,

with

Central Trust,

$48,271,082; the

$47,339,016; the

$59,358,013,

youug

the Equitable Trust, that active

Knicker-

against $37,490,568;
giant, with $54,-

Mortgage &
Trust, with $48,123,536, against $32,694,649; the i^ew
As the fiscal year of the company does not correspond York Life Insurance & Trust, with $40,162,056, against
with that of the calendar year, but ends on June 30, it $36,905,330; the Metropolitan Trust, with $35,935,689,
seems desirable to segregate the results for the last six against $28,375,694; the Title Guarantee & Trust with
225,826, against

U.

$34,650,430; the

S.

months from those for the first six months. Accordingly $32,977,617, against $25,484,762 the Colonial Trust,
we show in the following the gross and net earnings by with $28,747,169, against $19,677,039; the Bowling Green
months for the peiiod from July to December of the last Trust, with $24,932,062, against $16,476,486; the North
American Trust, with $23,106,426, against $17,705,three years.
;

MONTHLl GROSS AND KKT EARNlMas.
'

M Earning

CHICAOO *
NOnTH WEST.
First

1908.

1902.

%

%

$

1903.

9

1902.

9

6,162,828

4,636,469
.'4.030,612

4.777,937

4.011.704

1,630,658

1,416,213

1.205,314

4,847,084

4.822,073

1,628.671

1,424,041

1,487,818

1,713,176
i\191,864

1,872,862

\

August

1904.

t
7.660.726

montlii1.24,111,763 25.156.881 23,396,488

July

938; the Fifth

Net Earningt

1

1904.

7.186.693

Beptember...... .5,387,389

6JIM,949

4.665.282

2,083.648

October„ .......^ 6,878,723

6,562,S05

4,866.034

2.000,693

NoTember..^.... . 4,834.070
December....... . 4.441,163

4,728.636
4.«03.805

4,178,088

1,784.808

1,779,851

1.441,716

8,738,050

1,493,290

1,329.753

1,176,284

.29.693.834 29.889,967 25.630.826 10,516,669

9.S»,29r

0.034.050

Last 6 mos

1,871,021

Avenue

Trust, with $20,348,820, against

Bankers Trust, with $20,241,788,
against $11,647,954; the Manhattan Trust, with $19,the

$14,056,417;

the Lincoln Trust, with

608,736, against $13,193,837;

$14,350,358, against $8,382,351,
It is not our purpose, however,

into particulars with reference to

etc.

in

go
the separate companies,
this

article,

to

The illustrashow how general and
These figures make it evident that for the new fiscal
large the growth has been. One would expect, of course,
year the monthly returns are recording moderate imfrom the great increase displayed by the individual inprovement over the corresponding months of the previous
stitutions that the gains for the companies as a whole
The gross for the six months to December 31 foots
year.
must be of really marvelous proportions. This is preup $29,593,328 in 1904, against $29,239,967 in 1903.
cisely what the figures do disclose.
The State SuperinIn the case of the net the improvement is more marked,
tendent of Banking at Albany has just made public his
some of the causes previously operating to swell
compilations for Dec. 31 1904.
These cover the entire
expenses having evidently disappeared.
The aggregate
State and hence are to be preferred over those for Xew
of the net for the six months of 1904 is $10,olo,563,
York City alone, though it is only fair to state that the
ToUl year... 68,705,091

64.390,243 48.026.703 16,637,88 J 17,614.023 16.171.648

igainst $9,853,297 for 1903.

571

subsequent pages of the present issue (see pages

to 583),

we

print detailed returns

showing the

re-

general

tions given are intended

companies of

THE TRUST COMPANIES IN NEW YORK
AND ELSEWHERE.
On

but to deal with the

Up
trust

to

aggregates.

merely

to

this city constitute the

1903,

it

will be

companies of

bulk of the whole.

recalled, the

this State

operations of the

had been expanding

in a

most striking manner, but in the year named the upward movement was arrested and a shrinkage occurred,
giving rise to speculations as to whether tlie growth of

turns at the last three semi-annual dates of all the trust

these institutions

companies of i^ew York City (including those in the
Borough of Brooklyn) and of Boston, Philadelphia and
St. Louis.
In presenting this extensive series of returns

results for

had not in fact reached its limit. The
1904 furnish an emphatic answer in the nega-

tive to this question.

Not only has

the

decline of the

(the compilation occupies altogether over twelve pages).

months of 1903 been recovered, but a further advance has been made, surpassing anything of the kind

we

witnessed in

are continuing a practice

begun by us three years ago

last six

the whole

history

of

these

institutions.

and which was induced by the fact that these financial Take the item of deposits.
This now amounts to
have come to assume in recent years a $1,127,027,100 and compares with $978,405,817 July
position of very decided importance, their business and I 1904 and with $807,162,571 Jan. 1 1904, showiug an
operations having risen to proportions which even a addition for the twelve months of over 320 million dol.
decade ago would hardly have been thought possible.
lars.
Only five years ago the total for the first time
Here in Xew York City one large company shows an passed the 500-million mark.
statistical record of the
institutions

A

aggregate in

We refer

its

balance sheet not far from $100,000,000.

to that staid old institution the

Farmers' Loan

growth in deposits since Jan. 1 1899
following.

is

furnished in the

THE CHRONICLE.

568

nw

AOOHEOATK DEPOSm Or TOK
Jan.

f 1,127,627,100
...
97)^,401,817
807,162.671
914,76^,871
823,797,857

1, lfl05

-•
July

1904

1,

Jan. 1, 1904
July 1, 1903
Jan. 1, 1903

We fancy nothing is
mind

dollars.

prehension of

31 1901

all

Still

its

1,
1, 1902.......
1, 1901
1, 1900
1, 1899

may

dimensions

$^87,001,689
792,931,724
638,121,771
623.541,570
467,18i,2S8

total of

point out that on Dec.

Clearing House banks

City

$213,367,788

July

1904
1904
1903
1903

262,24-',17S

Jan.
Jan.
Jan,
Jan.

July
Jan.
July

1,
1,
1,
1,

Jan

152,286,383
147.097,316
138,659,889

The remaining items
1,127 special comment.
With

serve to a clearer comto

CASH ON HANS AND OH DEPOSIT BT
Jan. 1, 1805

impress upon the

to help

magnitude of a
it

^ew York

the

1902

Jan.
Jan.
Jan.
Jan.

needed

of the reader the

million

TORK BTATB TBUSI OOMTAKIBS.

July

1

[YOL. LXXX,

of assets do

not

any

call for

the great expansion in aggre-

gate resources there have
these items too

BTATB OOKPAHIBS.
1902
$128,978,387
1902
121.045,797
1901
105,702,416
1900
81,366,288
1899
71,734,621

H. T.
1,
1,
1,
1,
1,

naturally

—much more marked

come

increases

in

of course in the so-

called stock investments than in real estate

mortgages or
combined had deposits of no more than $1,101,019,100. in loans on personal security. The following shows the
It is perhaps proper to say, however, that this last shows exact changes in each of these three forms of investments.
net deposits.

York State

Of

the $1,127,627,100 deposits of the

Kew

trust companies,

$156,930,921 represents deposits of other trust companies and of savings banks and

But deducting

bankers.
of the

this

sum, the ordinary deposits

companies even then stand close

trust

to

1,000

million dollars, being $970,696,176.

When we come
we

get

of

totals

to the
still

July
Jan,

size.

1,
1,
1,
1,

July
Jan.
Jan.

1,
I,

July
Jan.

aggregate resources, of course July

larger

The amount now

up $1,361,018,157, comparing with $1,042,413,409
twelve months before.
On Jan. 1 1899 the resources
were but $579,205,442, as will be seen from the followfoots

STOCK INVESTBCENTS OF TRUST COMPANIES.
$295 663,164 July 1. 1902
$218,806,131
1904
276.024.912 Jan. 1, 1902
19 ',822,966
1904
225,386,955 •Tan. 1, 1901
19«, 852,582
190i
280,698,3?6 Jan. 1, 1900
166,195,642
1903....
219,378,946 Jan. 1, 1899
136,561,066
HOLDINGS OF BONDS AND MORTOAOES.
laOi
$64,549,929 July 1,1902
$49,^25,084
6l,224.7.=>9 Jan. 1, 1902
1904
„ 45,483,010

Jan. 1,1905

Jan.

1,
1,
1,

1904....

59..'^34,679

Jan.

1903
1903

55,370,4-20
62,,385,360

,Ian,

IX)AN8

ON PERSONAL SEOnRITT BT

Jan. 1, 1903
July 1, 1904

Jan.
July
Jan.

$72,346,579 July
71.611, '98 Jan.
56,710,963 Jan,
53,030,425 .Jan.
42,233,160 Jan.

1, 1904
1, 1.90^
1, 1903

ing.

Jan.

1,
1,
1,

1,

1,
1,
1,
1,

1901
1900
1899

40,730,573
38,143,145
34,855,023

N. T.

1902
1903

COMPANIES.
$48,523,129
41,907,300

moi

3'>,840.063

1900
1899

31,101,271
29,930,376

TRUST COMPANIES AT OTHEE POINTS.

UOREOATB BSSOUBCE8 OF THB TEUBT COMPANIES OF
Jan. 1.1805

$1,384,01R,157

July

1SC4
1904
1903
1903

l,'20P,4=i0,930

Jan.
Jan.
Jan,
Jan.

July
Jan.

1,
1,

J-Qly 1,
Jan. 1,

.1,042,413,409
1,146.370,75?>

1,039,956,625

Great interest attaches

to

1,
1,
1,
1,
1,

1902
1902
1901
1900
1899

M. T. STATE.

$1,078,212,635
969,393,644
797,983.518
672,190,672
679,205.442

item of loans on

the

col-

Such loans have always been a favorite form of
investments with the trust companies. But during 1904
it was reported again and again that these institutions
were out of the market as lenders in this way at least
It was urged that as the
as lenders of money on call.
companies were getting two per cent for their deposits
with the banks, there was no object to withdraw this
money and lend it on call when the call -loan rate was
only one per cent and for many weeks at a time had
been no more than one-half of one per cent. When the
July returns appeared it did seem as if this situation had
been an important influence in the affairs of the trust
companies, for while aggregate resources had during the
six months to June 30 increased some $166,000,000, the
lateral.

—

No

such comprehensive comparisons as those just made

are possible in the case of the trust companies outside of

Our summaries for the other centres covered
by our tables (namely Philadelphia, Boston and St. Louis)
this State.

are such as

we have been

The

limited to a few leading items.

necessarily are

turns in these

and

able to prepare ourselves

not cast on uniform

instances are

re-

lines,

company having its own distinct method of
classification, making general footings out of the quesnearly every

tion except as regards

alike

by

all,

meaning,

those few

common

and which have a

such

as

established

definite,

surplus

capital,

things treated

and

and

profits,

deposits.

There

is

one feature which the trust companies at the

common

other centers have had in

York:

their business

though

to

mous

with those at

Kew

has likewise continued to expand,

be sure progress

is

not measured by such enor-

figures as at this center.

For Boston

deposits

now

months
and aggregate resources $172,053,316 against $143,$510,928,626 January 1 1904 to $500,106,646 June 30 010,521. In the following we show the Boston summaries
1904. During the last six months of 1904, however, back to Dec
It will be seen that in these
31, 1900.
either as a result of the improvement in money rates
four years resources have risen from
to

item of collateral loans recorded a decrease, declining from

are $139,851,208, against $112,281,257 twelve
ago,

$108,196,703

some other cause, the old course of the collateral $172,053,316.
In other words, during these six
loans was resumed.
Boston,
such
loans
months
rose from $500,106,646 to $681,449,Dec 81, 1000 (16 co'8.),..,
715.
In the last six years these loans have expanded Jane 30, 1801 (16 co'g.).
Dec.81. ItOl (10 co'8.)..
almost $400,000,000, showing what an important fac- June 30. 1902 (17 co'g.).,
Dec 31. 1«02 (18 co'8.)...
tor in the loan market the trust companies have beJune 30.190.) (19 co'«)..
or from

come.
LOAK8 OK OOLLATESil. BT TBVBT CCHFANIES XS
Jan.

July
Jan.
July

1,
1,
1,
1,

Jan. 1,

1905
1904
1904
1«03
1903

With

so

$631,449,715
5O0,lO6,»f46

510,928,626
fi2(;,*9t,H33

554,961,229

much more money

NEW TOEK

STATE.

1902

$603 436,621

Juu. 1, 1902
Jan. 1, 1901
Jan. 1, 1900
Jan. I, 1899

540,208,706
887,911,415
828,143,588
283,402,822

July

1,

out at call the cash kept by

Surplus and

CapiUa.
$8,450,000
8,450.000
9,000.000
lO.lCO.OOO
11.100.000

11,600.000
Dec. SI. IOCS (lOeo'B)... 13,l«i\000
June 30. 19J4 (ISco'B.).. 12,000.000
Dec. 81. 1004 (19 co'g.).. 12,500,000

At

Profits-

$10,286,659
11,257,704
12,2^4,793
14,141.093
16,779,627
17,174.430
18.629.264
19.331,879
19.703,108

AggregnU
DtposiU.

Ruonrcu.

$88,481,044
106.948.269
107.9a 1.782

$108,196.70*
185.655.97*
12y,286,580

120,06«,888
116.264.790

143.141,417

117.'?l»,s28

146.<i93,758

113,281.'>B7

148,010,181

122,267,294

158.689. ITS
173,C5S.31«

139.851,203

]44.:297,U81

Philadelphia in the same manner there has been

further increase. Deposits

now

are $202,855,986, against

$161,231,152 a year ago, and aggregate resources $283,Back in 1900 resource*
503,299, against $238,817,566.

the trust companies on deposit with the banks was reduced

were only $196,498,618, as will appear from the summonths from $226,727,762 to $178,23.3,926, mary we now annex.
but comparing with only $125,392,247 on January 1
Anre<iat*
Surplus anA
Itetourcts,
Depostts.
PniLADKLPHIA.
Capital.
ProflU.
1904.
The amount of money held by the companies in
$19«,4»".618
$18649«.818
1000 (40 00'».).. $28,S;i9.l-C8
$27,8Jfl."41
Dec
214,786.397
151.299.734
29,6S6.810
their own vaults was $35,133,862 December 31 1904, June 30, 1901 (41 co'B.).. 30.015,117
218,fifl'r2»»
140.137.8S9
83.886.8i7
Dec 31, 1901 (41oo'B.).., 31.927.006
against $35,519,416 June 30 1904 and $26,894,136 June
2.)4,80>.0»
163.174.463
1902 (41 CD's.).. 82,683,230
85.306.666
153.151,.S55
227.480.117
87,614.329
January 1 1904. Combining the cash on hand with the Deo. 81. 1P02 (41 co'B.).. 83,142.231
>'47.3rt-,495
S8,19«.P01
171,390,409
the past six

.SI.

''.0,

.

•ash in bank
,ftMlL,

we

get the following

comparisons of

total

June

30.

Dec,

81.

1003 (43 co's)..

l9C3(Hco'B)..

84.145.4!-5

34.330.837
June 30. 1004(42co's).., S4,'»4.900
Dec. 31. 19'J4(43oo'B)... 84.800.9iO

80.6 4,877
49,694,164

1«1,231,1'3

13\817.R««

175,3*<,08J

2r)3.S97.23W

47,3 14,788

208,855,»6t)

»:li8,603,M9

'

Feb.

At Si

THE CHRONICLE.

4, 1905.]

Louis the number of trust companies has been

reduced, so that

now

are

there

only five institutions, as

•gainst eight companies at the end of 1903 and nine
In January 1901 the Commonwealth Trust
previously.
Co. (which the year before had absorbed the Colonial

Trust Co. and the Hamilton Trust

Germania Trust
Trust Co.

The

Co.,

and

May 1901

in

absorbed the American

consolidation

Co.) took

over the

Mercantile

the

Central

Trust Co.

Missouri Trust Co. and the

of the

name

Lincoln Trust Co. under the

of the

Missouri-Lin-

But

coln Trust Co. was also one of the events of 1901.

though the number of institutions has diminished,
posits

have risen

to still

de-

The subjoined

higher figures.

chosen Second Vice President of the Commercial National
Bank of Chicago, and Assistant Secretary, William G. Fita-i
Wilson of New York City.
„, J

—^The semi-annual statement of

the New York Life Insurance
Trust Company, 53 Wall Street, affords testimony to
the continued growth of this old and conservative institution.
On Dec. SIst the deposits in trust were $33,337,356, which
comp&res with $28,912,4:8 Dec. 81 1903 and |28,878,025 Jnne
80 1903. Within the year just ended surplus fond and un-

&

divided profits have increased from $3,927,745 to $1,211,043,
and during the last eight^^en months aggregate resources
have grown from $34,910,183 to the present figures— $41, 835,Following an old-established rule of 84 years' standing,
449.
the institution voluntarily maintains a large cash reserve
its vaults, this on Deo. 31 1904 having amounted to

fund in

bonds, as

and

ProHU.

De^Ht*.

$1S.423,'>00

H4,471,»84

19,928,250

32.775,817
24.?22,213

»1 1,339.273
65.481,563

Agsregatt
RcsmiTcts,
»ap.8a»,307
e8.«28,819

e8,»io,iofl

109.167.419

69,991,934
es.cea.iiT

H7,4S7.496

Surpl'us

St. XiOXJlB.
Dec 31. 1901 (6 co's.)
Jnne 30, 1902 (9 co'8.)

Capital.

Dec 31,

1902 (0 co's.).... 20.185.300
J an a 30, 19G8 (9 co'«.) ... . 2<^.M)0,C0a
Dea 81, lecS (S co'g.) ... 19,000,000
June 30, 1934 (6 co's.)... 17."00,000
Dec. 31. 1004 (SCO's.)... ia.00 .009

29,108,163
24,915.433

23,423,779
22,537,030

60,0:0,310

107,454.100
101,980.369

78,703,?0a

U7.21i,e32

ITEMS ABOUT BANKS. BANKERS AND TRUST CO'S,

—The public

sales of bank stocks this week aggregate 385
which 10 shares were sold at the Stock Exchacga
and the remaiader at anotion. The transaotions in trust
company stock were limited to the m.lQ at auction of a lot of
20 shares of Etoek of the Title Guarantee & Trust Co. at
65CJ^, an advance of Si}4 points over the price paid last
week. The table below, given in our usual form, shows the
actual sales of New York City bank stocks made during the
week at auction and at the Stock Exchange. Extensive
tables showing the bid and asked quotations, deposits, surplu?, &o., of banks acd trust companies in all important
cities of the United States are published monthly in the
Bank and QtroxATiON Section, the February issue of which
accompanies to-day's Chronicle, Bid and asked quotations
for all New York City bank and trust company stocks are

eharee, of

also published weekly in another department of the paper,

and

will be found to-day

on pages on 588 and

Baitks— V«w Torn.
Mkart$.
20 Amftrloan Exobance Nat. Bk.
20 Oommeroe, Nat. Bd,nk of
.

;

•10 Poatth National Bank
10 HanoTer National Bank
SifiMsohanloa' Vatlunal Bank....

Tbiibt

1

Oompant— if«to

*

Nov. 1904—

230
2235|i

190S- 531
19P5— 302\
1905— 180
l&Od- 5M^

Jan.
Jan.
Jan.
Jan.

540*8

York.

SO Title Qaaranteed^l^aatOo.^ 650^

^'

—
1905—

Jan.

,

"

180%

6iMeroUants'Na<ioDal Bank.
afiParkBuk, NaUonal

;

V

.

229
228
529
S07

587.

La$t vrevimtt tale.
Jsn. 1905
275

Price.
27.r)%

,

Sold at the Stock Exoliangft.

19CS— 617

Jan.

'

.

-

reported that a membership in the New York Slock
Exchange was reoentiy transferred for a consideration of

—It

is

179,030.

:;'a

w,:

—The Gnaranty Trust Company of New York, located in
the Mutual Life Building, is making very extensive alterations and improvements in its present banking quarters,
which when completed will be among the handsomest in the
city. This institution's statement for Dsc. 81 1904 shows deposits Increased for the year from $38,222,814 to $59,818,138.
Aggregate resources have risen from $41,018,720 to $66,983,8C7. The cflasial staff comprises John W. Castles, President;
Oscar L. Qubs;man and A. J. HamphOl, Vice-Presidents; Mr.
Williams C. Edwards, Treasurer, and Mr. E. C. H'ibbard,
Secretary.
Recently the board of directors wai fcrther
strengthened by the addition of Mr. James Speyer of Speyer
Co. and Mr. Daniel G. R'ld of the Rock Inland Company
and Mr. Oacar Q. Murray, Pcesldent of the Ballimore & Ohio
Railroad.

&

—Throngh Secretary James

R, Branch we have received
the customary bound volume containiDg the report of the
proceedings of the annual meeting of the American Bankers*
Association. The present book covers the thirtieth annual
convention, haU in this city on Saptember 14, 15 and 18 19:4.
The ofilcers of the assocIaUoa are: President, Mr. E. F. Swinney. President of the First National Bank of Kansas City,
Mo.; First Vice-President, John L. Hamilton of Hamilton

&

Cunningham, Hoopeston,

111.;

Chairman

of

theEsecu'ive

Council, G. S. Whitson. Vice-President of the National City
Bank of Neiv York; Secretary, James R. Branch, New York
City; Treasurer, Ralph Van Vechten, who has jaat been

The market value

of the company's stocks and
public in its statement for regular distribution, was $11,313,676 on Dao. 31 19Q4, when the par value of
these holdings was $9,883,020. The company accepts only
$?, 100,000.

table furnishes evidence of the fact.

51)9

made

piivate trusts and declines all corporation or other public
trust?.
Mr. Henry Parish, the executive head of Its administration has as his associates Mr. Walter Kerr, First VicsPreeident; Mr. Henry Parish Jr., Second Vice-Presld ant; M?,.

G?orge M. Corning, Secretary, and Messrs. Zsger W. van
Zilm and Irvicg L, R^e, Assistant Secretaries. Many of
New York's oldest and most irflaential families are represented on the board of trustees.

~Gan. Christian T. Chriatensen, formerly President of
the Brooklyn Trust Company of Brooklyn, N. Y., died at his
birthplace, Copenhagen, Denmark, on January 28. Gan.
Christensen was born in 1833 and came to thin country in
1853.
With the breaking out of the war in 1851, at which
time he resigned as a partner in the firm of Pepoon, Nazro <S5
Co., note-brokers, he raised a company of Scandinavians and
joined the army as First Lieutenant of the First New York
Volunteers. After the war, in 1885, he became connected
with the cofifse houae of B. G. Arnold & Co. Twelve years
later he went to California as Cashier of the Nevada Bank.
Returning East a few years after, he became in 1880 Manager for Drexel, Morgan & Co., continuing In that capacity
until 1890, when he resigned to take the presidency of the
Brooklyn Trust Company. In April 1900 he relinquished the

and withdrew from active business.
—The Fifth Avenue Trust Company, located at 48d Street
and Fifth Avenue, this city, has increased its deposits from
$18,655,715 on Dec. 31 1903 to $17,876,864 on Dec. 81 1904.
Surplus and undivided profits have advanced from $l,300,7C3
to $1,472,955 and total resources from $14,956,417 to $30,349,820.
Levi P. Morton is President, William D, Sloane and
Cecil D. Landale Vice-Presidents, James M. Pratt Secretary
and Walter Meacham Assistant Secretary.
^.^
latter office

.

—The New York

National Esohange Bank of this city has

Issued the 1905 number of its cardboard map and calendar
relating to the payment of negotiable instruments in the different States and Territories. The same plan is followed as
la previous year?, namely, the printiog in white of States
is allowed; la blue, where grace on sight and
time paper prevails; In red, where grace on time paper only
is allowed, while shaded lines show the States where grsoa
on sight paper alone is granted. Notations on each State iU'
dicate when a note falling due on a Sunday or holiday ia
payable. The card also contains a table called the Am3rlcan
Holiday Calendar, showing holidays alfecting the maturity
of negotiable instruments, and giving the legal and contract
interest rates of the various States and Territories, as well as
of Cuba, Mexico, the Dominion of Canada and Province of
Quebec. The idea is copyrighted.

where no grace

—The Standard Bank of South Africa, Ltd,, has opened an
agency in the United States at 43 Wall Street, New York
City, in charge of W. H. Macintyre, agent. The head cffloe
of the bank is at 10 Clements Lane, Lombard St., London.
It has a paid-up capital of £1,518.535, or $7,535,696, and a
reserve fund of £1.932,050, or $9,645,816. The institution is
banker to the Government of the Cape of Good Hope, and to
the British Government In the Cape Colony aad the Transtravelers' letters of crelit, iiraws drafts on
its various branches and agencies, and negotiates or oollecta

vaal.

It issues

on all points throughout South Africa. Besides the
Bgency in New York, it has an ageaoy at 3 Post Strasse
bills

Hamburg, Germany.

THE CHRONICLE.

570

&

— Tbe

Savings ComBtocbholders of the Central Trnst
January 25,
on
pany of Philadelphia, at the epecial meeting
approved the proposition to increase the capital from |5C0,000
to $750.0CO.

[Vol. lxxx.

Olearinot—RttvTnt by leUgrayh.
Week Mndino Febrvary 4.

New York
Boston
Philadelphia
Baltimore

Chicago

Trnst Company of Philadelphia (ArSquare,) has just issued a comparaHall
cade Building, City
tive statement under date of January 31 1905 showing the
advance the company has made in the last twelve months. On
Jan. 81 1904 surplus and undivided profits were $1,418,741,
while for Jan. 31 1905 they are |1,520,868. Deposits have
risen from |8,651,1C0 to |13,598,007, and aggregate resources
from 111,000,604 to $16,160,497. Horatio Q. Lloyd is Presi-

—The Commercial

James H. Hyde, Vice-President; Thomas De Witt
Cuyler, Vice-President and Counsel; John H. Mason, Treas-

St.IiOnl8.

Naw

Orleans

Seven cities, 5 daj (
other cities, 5 days
Total

all cities,

All cities, 1

Total

6 dart . . .

day

all cities

for wefeic.

P. Cent

1906.

1904.

$1,645,310,686
122,688,031
106,260,257
22,574,879
160,3' 8,644
43,636,526
17.191,417

$1,067,252,709
116.837.860
93,194.663
19,684,087
141,926,960
52,318,461
28,123,974

$2,117,938,742
326.167,218

$1,609,183,104
290,IC6,419

$2,443,106,960
398,678,421

$1,799,289,523
335,789,393

-f32-6

$2,841,7S4,S81

$2.125.078.916

+33-7

+55'«
-fe-o
-I-14-0

-fl6'l

-H30
-16-8
-88-»
•f40*3
-t-12-1

4-35'8

Our usual monthly detailed statement of transactions on
Rhe various New Yois. Exchanges is appended. The results
for the month of January in 1905 and 1904 are given below.

dent;

W.

urer; William 8. Ellis, Secretary;

A. Obdyke, Assistant

January,

Poth, Vice-President of the Integrity
Title, Insurance, Trust & Safe Deposit Company of Philadelphia, died on January 21st in his sixty-fourth year.

—Mr. Frederick A.

—Mr.

T.

from
banking
from the

Edward Hambleton, having decided

to retire

Par Value

Actual

or Quantity

Value.

Outripuon

Treasurer, and John H. Brookie, Assistant Secretary.

Aver'te Par Value
Price. or QuantUi

ll^'i!;
bonds.'.'

71'a
|li!l,f6o,600 $121,954,876 100-0
$16,793 105-0
$16,000
$17.471.f00
$16,143,064 92-4
$781,188 284-9
$;iT4,200

$1981 164.4'>0

aoT't bonds
State bonds

BankttookB

$2070 888.700 1,513,788.908

Total.,

Aver'it

Value,

Price.

l,240.4P5376 $''81.3P9,359 590
48,687,50086 16-33
49,374,700

73-1

85,736,120

34,404,600

araln.bnsh.

Actual

12,262,624 {6(6.948,026 67-7
1,169,581975
$64,02'' ,902 79-5
$60,4-6,500
$203 082 106-0
$192,600
84
$ii,-<e5
$135,000
$207,354 26*-2
$«:0,400

20,792,658 1,374,870.487

Stock

SB.

January, 1B04,

1006.

ro3j«

$774.f 86.8591
withdrew on January 31
11,649,506,02s
Total valTie.
business
The
Baltimore.
of
Co.
on the New
&
properties
Hambleton
share
in
firm of Messrs.
The volume of transactions
in 190405
July
1
S.
since
Frank
each
month
Mr.
Exchange
partners,
7ork
Stock
remaining
will be continued by the
following:
in
the
indicated
1903-04
is
and
Cook.
Henry
Hambleton, Mr. John M. Nelson and Mr. J.
BAI^S OF STOCKS AT NBW TOBK BTOCK BXOHANGB.
—Mr. James Crosby Brown, of Messrs. Brown Bros. & Co.,

active business,

has been elected to the board of the Farmers'
National Bank of Philadelphia.

&

Mechanics'
Month.

Charles Reid Spence, Second Vice-President of the
Mercantile Trust & Deposit Company of Baltimore, died on
January 31 of appendicitis after a week's illness. Mr.
Spence was born in November 1864, and was therefore but

Valiiat.

lfumt>tr
of Shares.

-Mr.

When the Mercanlittle more than forty- one years of age.
tile Trust was organized in 1885 he entered its employ as
bookkeeper. Within ten years he advanced by successive
steps to the office of Vice President, held by him at the time

1903.

1904.

July.

Actual.

Par.

Values.

Number
of Shares'

Actual.

Par.

_

698,596,388 14,803,788 1,379,487,900 1,018,041,179
663,916,861 14,370,948 1,851,652,500 1,006,411,400
709,864,318
18.767,264 1,712.043,600 1,102,487,948 10,795,453 1,008,669,825

13,462,394 1,187,670,700

Angnst 13,474,789 1,070,701,960
Sept.

Sdqr. 43.701.447 3,921,326.250 2,454,970,148 40,070,154 3,730,740,625 8,734,216,806
721,047,698
665,509,978
840,001,400

Oct... 32,574,449 3,046,463,376 3,100,497,681 12,806,893 1,208,379,660
Nor.... 81,081,086 :<,048,035,200 2,717,691,49f' 10,T30.97e 940.133,876
beo.. . 38,092,821 2,633,318,000 1,980,977,9a-. 16.328,143 1,427,737,650

4th

qr, 98,648.336 S,726,836,475 a,808,l67.14e 38,858,015 3,586,239,676 2,126,649,079

of his death.

1004.
1006.
20,792,658 1,981,164,490 1,874,670,48^ 18.868,084 1,150,581,075

Jan

666,948,026

Canadian Bank Clearings.— The Clearings of the Canadian
The following compilation covers the clearings by months
Banks for the month of January, 1905, show an increase
since July 1,
over the same month of 1904 of !t2-9 per cent.
MOHTHLT OLBABIHOa.
January.
Clearings

at—

In. OT

1904.

1005.

Dec.

%
96.949.202

Montreal
Toronto
Winnipeg

2»,27n.lP3

Halifax.

7,310,<|'5

Ottawa

9,044.346
6,681,651

1903.

77.6«8,912 -I-82-9
67,162,794 +28-e
21,48»,08v
6,b22,141 +b-C

89,870,71P

+5-8

75,7.'<2,31ii

19,046.633
7,8e5,8ii5

Vancoaver
Hamilton

6,48U,0U
5.a7o,0 9

St. John
London

—

4,16S,227
4,1-42.780

+9-8
361 '".91« +Z2-4

Victoria

3,205,e88

2,5t 9.974

+28-8

8,786.3e6
6.774,593
4,6b0,4e8
4,876,347
3,630,231
3,619,892
2,602,886

254 3S7,866

206.9-l,7';8

+22-9

2i6,3li!,900

Qaebec.

Total Canada

The clearings

for the

8,66.i.P76

5,413,93- +22'S
6,231.271 +2i-9
4,6-3.40<'

3,790,359

week ending

Jan. 28

1902.

$
76,995,538
64,211,627
14,363.381
8,440,112
7,lwB,7r9
4,931.086
3,!r47,46H
3,832,-<r63
3,:;3tf,394

2,7g3,5si
189,841,0 9

make a very

favorable comparison with the same week of 1904, the
increase in the aggregate having been 30*5 per cent.
Week ending January
OleariMgt

aU-

1905.

19,61H,8P3
19,1-3 461
6,229,488
1,-H,^,mO

Montreal
Toronto
Winnipeg
Halifax
Ottawa.

Inc. or
Dec.

1904.

16,993.3C6

%
--14-8

ia,iiMl,90i

+58 f

4,202.';

52

4-24-1

1,2-4,'

3(/

+ 100
-i-36-1

28.

1903.

10.00'',23e

14,624,2-6
3,f 68,710
1,454,151
1,618,736

15,210.442
11,9«9,2"4
2,3t<4,332

1,602,353

1,398,909
1,3M .62;

1,135, 81

4-23-2

l,146,78t-

+31-2

J. 071,391

714,!i7a

Hamilton.

1,153.61>-

1,0356«1
865,333

-1-348

1,030,461

-l-ri-3

689,609
oio.ewo

-t30-5

Victoria

608 634

7«7,77e46,0«l
43^,820

e3.482.3»8

40,968,551

758,7(^0

Total Canada

-fl7-3
-l-vO-4

.

September

63,416
638,453
584,8»1

•

46,695,479

466.320
85,822,050

-1-2
-t-8-3

9,176.620,544 -)-25-4

4,033,032.173

8,943,245,341

12,505,312,780

4,167,658,809

8,561,950.253 -(-170

December.

I2,t

8,160,»73,696 -H53
9,295,356,2S3 +3

4,a03,S20.767

3,7fc7,721,6b8 -I-13-3

04,768,414

1

4th guar. 36,819,«76,t69 26,641,750,523 +S8-2 2,501,520,719 11,302,017,182
1003.

1004.

1005.

January.

Il,*48,li97,17f

9,451,!i78.882 +25-3

4,lla,-<:72

623

1904,
3,769,762 283

-(-10-6

-f9-4

The course of bank clearings at leading cities of the country
for the month of January in each of the last eight years is
shown in the subjoined statement.
OITIES IN JANUARY.
1902. 1901. 19C0. 1899.
9
6,929 7,401 4,665 5,691

BANK OLBABIBOS AT LEADING
1906.

9

1901.

1903.

9

9

Sew York... 7,735 6,691 7,186
760
729
814
OhloaKO
670
686
667
BoBton
494
645
556
Philadelphia
215
242
285
8t.LoalB....
195
160
195
Plttebursh..
128
127
138
SanFran'oo.
106
101
108
Baltimore...
107
100
108
Olnolnaati...
Kansas City.
Oleve^ind'.
..

S"-"

by telegraph from the lead- "nTanapoUs
will be observed that as compared with the Richmond..

corresponding week of 1904, there is an increase in the
aggregate of 33 -7 per cent. So far as the individual cities are
concerned. New York exhibits a gain of 55 6 per cent,
Boston 50 per cent, Philadelphia 140 per cent, Baltimore
New Orleans
161 per cent and Chicago 18'0 per cent.
records a loss of S8'9 per cent and St. Louis lG-8 per cent.

0-6 10,307,991,6)6 10,370,698,263

+

NoTember

Sr««-

ing cities.

+S-2

October... ll,509,896.7fl6

Detroit

It

-I-20

3,382,381,010

8d guar.. 25.512,659.446 25,S04.5t-4,ei9

Clearings by Telegraph.— Sales of Stocks, Bonds, &c.- roXvliie
Tha subjoined table, covering clearings for the current week^
nsually appears on the first page of the Chronicle, but on account of the length of the other tables is crowded out once a
figures are received

3,256,684,317

7.921,228.126

New Orleans

The

+1-1 3,363,4(9.011
7,673,849.870 +15-8 3,489,571,152

8,008,063.912

Minneapolis.

month.

-8 6

3,731,732,927

0,709,506,628

8,844,278,8 Ui

P.Ct.

-6-8 3,466.961.458

8,680,311,721

omittea.)

2,04a,2;i2

895.818

York.

t

$

$

July
August..

(000,000*
9

Quebec
vanconver

John
London

ifev>

1903.

1904.

P. at.

1003.

1004.

1902.

1,473,786
1,251,117
997,119

St.

hearings Outside

Clear inge, Total AH,

Month

Memphis....

Seattle
8.

Lake City

Hartford....
cities..

Total

89
71
62
77
46

53

95
60
63
118
42
46

61

233
199
106
107
90
90
62
61
74
69
44

IS

it

It

if

ii
SO

ft

II
28
19
21
16
14
14

l^
28
21
16
12
16
14

94
69
70
96
50

24

28
19
17
14

11^7

Total

Other

all...

OutsiaeN.V:

734
648
6iO

830
11,847
4:112

28
23
29
17
14
12

$$ $«

3,690

429
608
327
126
80
65
83

43
53
40
43

552
611
416
144
98
67
107
68
47
42
42
53
36
35

II

II

It

14

11

619
663
460
179
169
91
103
89
75
68
47
60
44
41

589
692
418
145
180
83

It
II
17
18
17
9
14
13

1898-

92
73
68
49

"
16
18
13

67
44
31
S3
63
31
30

16
11

11

8

5

10
14

11

14

6
7
13

15

7.301

8,217

5,769

^885

330

278

236

9.461 11,089 10,669 10,708
8.760 31908 8.730 3.307

7,631
2,966

8,493
2.802

6,006
2.318

8^946 10,601 10.229 10,343

801

488

430

—
Feb.

1

THE CHRONICLE.

1905.

4,

NEW

BOSTON, PHILADELPHIA,

We

•

,

571

YORK, BROOKLYN AND ST. LOUIS.

all the trust companies in Boston,
begun some three years ago. The
a
practice
This
is
in
of
continuation
Philadelphia,
statements occupy altogether over twelve pages.
No one needs to be told that the trust companies have become an exceedingly important body of financial
institutions ; nor yet that their operations have risen to great magnitude, and are assuming steadily increasing
prominence in the financial world. As a matter of fact the growth and expansion of these institutions have been
one of the most noteworthy features of recent times. For these reasons the compilations we present ought to

famish below complete comparative statements of the condition of

New York

aiid

St

Lonis.

be interesting for present study as well as useful for reference.
The dates selected for comparison are December 31 1904, June 30 1904 and December 31 1903. In the
In the case of the Boston, the
case of the New York companies the returns are uniformly of these dates.
Philadelphia and the St. Louis companies, we have sought to get figures for the same dates and have quite
As, however, the fiscal periods of these companies do not all correspond with those dates,
largely succeeded.
for
those dates are required by the State authorities, several of the Boston companies and
and no returns
a number of the Philadelphia and St. Louis companies have not found it convenient to compile statistics to

December
November

31, but

have furnished instead the

latest

complete figures available

—usually

either the

close

of

or the close of October.

Boston Companies.
ADAMS TRUST
Eksoukces—

BOSTON SAFE DEPOSIT

CO.* (BOSTON).

&

TRUST (BOSTON).

Rbsoubces—

Ocjt.31,'04.
$579,(^5:^

Ape.15,'04
$516,600

3,878.021
40,000
7,352
1,093,264

3,496,015
45,000
6,314
1,042,644

$5,598,589

$5,136,473

Dec.31,'04. Ape. 15, '04.
$724,609 Massachusetts bonds at par...
$550,000
$650,000
2,858,255 City bonds at par
224,000
240,000
15,000 Railroad bonds at par
600,000
600,000
4,833 Loans
10,324,298
9,765,868
6.i5,479
715,005 Cash in office
490,207
Cashinbanks
1,763,961
1,696,074
$4,317,702 Other assets
24,487
32,752

Capital stock
$1,000,000
Surplus and undivided profits.
332,004
Reserved for taxes
23,000
Deposits
4,243,535

$1,000,000
301,023
11,000
3,824.450

$1,000,000
299,197
20,000
2,998,505

$5,136,473

$4,317,702

Bonds and Btooks

„.

Loans..
Safe deposit raulte.

.

..

Expenses and Interest paid..
Oaab In office and banJu
Total

,

....

:

Oct. 31. '03.

Dec.31,'03.
$550,000
240,000
600,000
9,479,494
603,176
3,277,259

Liabilities—

Total

*

$5,598,589
Opened for business October 21, 1902.

AMERICAN LOAN & TRUST CO. (BOSTON).
RBBOUBCKSJak.2,»05.
Railroad and other bonds
$1,949,375
Time loans on collateral
4,530.550
Demand loans on collateral... 2,065,593
Oasli on hand and in banks...
2,712,653
Total

JAN. 1, '01.
$1,938,000
3,599,377
2,521,644
1,712,796

3,980,166
2,297,730
1,813,085

$9,771,817

$10,066,243

.....$11,318,171

,..

J0LT1,'O4,
$1,975,267

LiABiurrEa—
Capital stock
Surplns fund

Total
$14,142,225
Trust department (additional) $8,840,686
LIABILITIES—
Capital Stock
$1,000,000
Surplus fund
2,000,000
Profit andloss
185,326
Deposits
10,956,899

$13,374,901
$8,522,847

$14,749,929
$8,527,967

$1,000,000
1,500,000
671,355
10,203,546

$1,000,000
1,500,000
568,125
11,681,804

Total
$14,142,225 $13,374,901 $14,749,929
Trust department (additional) $8,840,686
$8,522,847
$8,527,967

CITY TRUST CO.* (BOSTON).
Rbsoubces-

Dec.

Massachusetts bonds
Other bonds and stocks

31.'04.

$236,000
1,656,170
5,807,740
4,005,226
2,496,352

Collateral loans
Personal loans

June30,'04. Deo. 31, '03.
$256,000
$354,667
1,475,564
1,605,262
3,300,340
4,100,965
3,606,485
1,513,191
2,650,784
2,101,664

$1,000,000 Cash on hand and in banks...
1,000,000
Undivided profits
517,247
Total
$14,201,488 $11,289,173
General deposits payable on
Liabilities—
demand
7,254,570 Capital stock
8,689,875
7,496,786
$1,000,000
$1,000,000
Surplus fund
1,000,000
1,000,000
Total
$11,318,171 $10,066,248
$9,771,817 Undivided profits
319,813
267,225
Note —Company declared 8% on its stock in both 1904 and 1903 and Deposits
11,881,675
9,021,948
7% in 1902. Kate of interest on deposits of $500 and over is 2%.
Total
$14,201,488 811,289,173

$1,000,000
1,500,000
128,296

$1,000,000
1,000.000
569,462

BAY STATE TRUST CO. (BOSTON).
Resources—

Jan. ii.'os.
$2,886,077
859,375
200,000
845,053

Thne loans

Demand loans
Maseaobusetts bonds
Other bonds
Real estate....

2.50,000

Cash in office and banks
Expense...

1,093,106
4,449

Total
LlABrLITlEB
Capital stock
„,..
Surplus fund
Eaminfjs undivided...
Deposits

$6,138,060
$.500,000

300,000
219,067
6,118,993

JutT

$6,138,060

or over.

JAN. 8. '04.
$2,665,324
852,900
200,000
543,835
250,000
984,815
108
13

$5,777,261

$5,496,982

$500,000
300,000
205,428

$500,000
300,000
173,204

4,771,833

4,523,778

$5,777,261

$5,496,982

Stocks and bonds
Furniture and fixtures
...
Cash on hand and iu banks...
Other assets
Total

247,405 5
128,224
10,50u
212,194

1,775,973
231,395
12,000
181.701
19,300

Oct, 31, '03.
5 1,751,807
I

2.'i8,367

194,508
12.750
286,829

Capital stock
Surplus

Undivided profits
Deposits

$2,326,543

$2,220,369

$2,504,261

$300,000
200,000
,..11,126

$300,000
150,000
59,030

$300,000

1,815,417

1,711,339

30,348
2,023,913

$2,326,543

$2,220,369
1904.
$137,068

$2,504,261
1903.
$165,000

28,248
25,513

32,968
24,480

<7%)21,000

(6i«%)19.500

for Calendak Ykab-

Gross profits for year
Interest

credited

year....

Expenses

Amount
stock

Commenced business February

COLUMBIA TRUST CO. (BOSTON).
Resources—

Deo. 31, '04.

City bonds

$20,000

...

Loans

38'i,902

Real estate

5,000
3,000
7,400
24,856
35,111

Furniture, etc
Safe deposit vaults

Cash In office
Cash In banks

,

Total

__

Amount deposits

.*.*.'

receiving interest.'.!!
Bate of Interest paid on deposits

AU.

2%

Jone30,'04. DEC.31,'03.
$10,000
$10,000
414,501
412,292
1,000)
4,000
3,000 i
7,400
7,400
25.537
32,247
32,648
28,941

$481,269

$494,086

$494,880

$100,000
351,153

$100,000
31,803
362,283

$100,000
28,970
365.910

$481,269

$494,036

$494,880

LiabilitiesSurplus and profits
Deposits

:so,116

COMMONWEALTH TRUST

CO.* (BOSTON).

Resources-

Dec.

31,'04.>t^24,150

Bonds and mortgages
Amoimt loaned on collaterals

1,265,:<94

3,917.615
270,000

Real estate (estimated value)

("ashonhand
Cash ondeposlt
Other assets

434,'.^41

924.414
9,364

1.^0,000

depositors' dnrlne

of institution same period
of dividends on company's

of $500

10, 1902.

Amt. loan'donpers. eeourities

LlABIXlTIES—

Total
Statistics

*

Total

Deo. 31,'04.Apk 15,'04.
1,72^,220)

$9,675,739

8, '04.

$2,639,032
650,752
200,000
1,049,410
250,000
988,054

BEACON TRUST CO. (BOSTON).
Resources—
Time loans
Demand loans...

$1,000,000
1,000,000
209,267
7,466,472

Note—Coinpany allovs 2% Interest per annum on balances

Capital stock

TotaL

$9,675,739

All.

2%

Total

$7,245,178

Liabilities—
Capital stock

$1,000,000

,

Surp]u.9 and undivided profits
Geu. deposits, payable on demand
Due trust companies

'

Due savings bHuks
Due banks and bankers

-

—

'

....—

$7,245,178

Total

Note.— Interest at the rate of 2%
• Began business April 28, l'"*'

652. .'595
6,311,047
113,189
38,459
229,888

is

paid on deposits.

.-'-

THE CHRONICLE.

572
COPLEY TRUST
Resources—

NEW ENGLAND TRUST

CO.* (BOSTON).

Apr. 15, '04. Dec.31,'03.
$12,500
$76,775
$71,975
287,000
roo ^^i
5 226,500
o-^**'**^
240,0C0
1 337,000
6,818
15,224)
c^c
fio
J
b^b&b
^18,762
111.472 J
8,083
22,483

Oct.31,'04.

Bonds and mortgages.
Amount loaned on collaterals

>

Amonnt loaned

S

corporations..

Cash on hand
Cash on deposit
Other assets

Resources-

Surplus and undivided profits..
Deposits

$500,000

$300,000
110,533
100,431

500,000
129,652
124,943

Capital stock

4,219
60,861

$565,080
$711,014
•Commenced business In Feb.,ls^C3,a8the "Copley Square Trust Co.''
On Nov. 30, 1904, the company went into liquidation and the assets
of the institutit n were purchased by the Old Colony Trust Co.
$754,595

Tota'

FEDERAL TRUST CO. (BOSTON)
Dec. 31.'04. June30,'04. Di'C.31,'03.
$S26,05i
$326,524
$315,894
32s,260
379 901
323,40

ResourcesReal estate mortgages
Stocks and bonds

»

1,852,601
114,748
299,474
4,393

1,764,342
2.158

336,589
4,316

$2,923,530

$2,821,260

$2,878,524

$500,000
100,000
27,895
13,692

$500,000
100,000
49,594
20,203

$500,000
100,000
48,774
14,845

2,281,525

2,150,865

2,214,377

418

593

528

Loans
Cash on hand
Cash on deposit
Taxes paid
Total

Deposits in trust
Gen. dtp. payable on demand.
Dividends
Total

1,771,898
125,427

141, ia7
207,198

11,528,741
739,158
5,509,784
390,023

10,151,232
147,725
3,490,356
362,594

$24,942,109

$26,355,297

$22,704,186

$1,000,000
1,800,000
Undivided profits
328,399
Deposits In trust
6,149,738
Gen. dpp. payable on demand. 15,495.044
Other Uabllitles
168,928

$1,000,000
1,800,000
352,006

$1,000,000
1,800,000
286,926
5,455,219
13,998,597
163,444

collateral and
personal securities
11,365.225
Real estate
752,265
Cash on hand and on deposit. 4,134,945
Other assets
380,103

Total
Capita! stock

Surplus fund

p. o.

on its

Resources-

Dec.31,'04.

Heal estate mortgages
Stocks and bonds

June30,'04.

Nil.

Dec

$362,517

Nil.

$5,583,940
4,457,471
Loans on coUateral.
Loans on personal securities.. 4,367,514
800,000
Banking house
Cash on hand and in banks... 3,363,478
25,051
Other assets

5,531,991
4,414,907
4,138,061
800,000
2,502,101

Total
$18,597,454
Trust department (additional). $1,258,465

$17,387,0ii0

5,493,098
2,947,670
4,257,219
800,000
2,071,685
Nil.

Nil.

$1,616,413

31, '03.

$15,932,189
$1,520,086

Liabilities—
$1,000,000
3,000,000
Undivided profits
506,329
Gen. dep. payable on demand. 14,091,125
Capital stock

Surplus fund

Total
$18,597,454
Trust department (additional). $1,258,465

Note.—Company paid 16

p. c.

on

pels

Interest at the rate of 2
special rates on time deposits.

$1,000,000
3,000,000
529,502
12,857,558

$1000,000
3,000,000
425,8.'M

11,506,338

$17,387,060 $15,932,189
$1,520,036
$1,616,413

Oct. 31, '03.
$16,077,177
1,000,000
5,008,454
1,175,000
1,809,003
5,929,352

$39,604,817

$30,950,331

$30,998,986

Earnings undivided

$1,500,000
5,000.000
415,648

Deposits

32,689,lt;y

$1,500,000
5,000,000
357,4H6
24,092,865

$1,500,000
5,000,000
251,036
24,247,950

$39,604,817

$30,950,331

$30,998,986

Real estate

Cashin office.
Cash in banks

Dec. 31, '04. June30,'01. Dec. 31, '03
$ 9.700
$33,200
$45,800
50,500
Bonds
50,500
50,^00
904,678
Loan* on collateral
858,394
810,635
113,823
109,240
Loans on persobalsecuritleB..
88,991
72,75.i
64.700
Cash on hand
51,701
77,983
105,896
Cash on deposit
153,445
Other assets
..
2,000
9,422
2,000
'

Total

$1,261,437

$1,236,352

$1,203,072

$100,000
50,000
12,3i7

$100,000
40.C00
12,486

$100,000
40,000
11,931

1,097,120
2,000

1,065,732
18,134

1,049,141
2,000

Liabilities—
Capital stock
Surplus fund

Undivided profits
Gen. dep. payable on demand.
Other liabilities
Total

$1,261,437

Statistics for Calendar Year—
Interest credited depositors during year...
Fxpenses of institution same period
Amount dividends on company's stock
Amount of deposits recelvlig interest
Rate of interest paid on deposits...

$1,236,352

Note.— Company paid 12% on

& Ind'ls

1903.

$16,800
18,000
4,000
830,000

$16,500
16,100
4,000
825,000

2%

2%

Cash on deposit
Total

2,619,384
919,224
i nno 4Qft
A,o»»,4-so

1,829,985
53.'S,271
J
J

109,143
405,167

$5,1:6,491

$5,424,129

$3,283,80^

$500,000

$.500,000

20;, 000
3,152
4,433,339

300,000
35,988
4,588,141

$500,000
300,000

-

BurpluBfund
Undivided profits
Gen. dep. payable on demand.

$5,136,491

$5,424,129

stock in both 1904

and 1903.

.

Loans

.

Dec

31, '04.

June30,'04.

$171,869

$13rt,297

Dec. 31, '03.
$119,597

2,321,160
21,388
27.124
19,399
4,485

2,391,903
13,068
28.624
11,570
1,440
1,245

2,406,379
13,457
30,124
14.084
1,735
1,036

474,1.61

103,625
453,289

133,280
506,811

$3,167,082

$3,141,121

$3,227,278

$200,000
130,000
462
21,815

$200,000
110,000

16,999

$200,000
130,000
24
16,814
18,415

2,796,v<88

2,775,206

19,640
18,723
2,878,324

6*2
206

570
92

555
36

$3,141,121

$3,227,278

Real estate

Bank building
Expense account.
Interest paid

745

Overdrafts
Profit and loss
Cash in office
Ca;h in banks

775
126,851

Total
T TATITT

TTTTt'Fl

Capital stock
Surplus fund

Profltandloss
Earnings undivided
Discount
Deposits

Exchange account
Dividends unpaid
Total

$3,167,082

STATE STREET TRUST CO. (BOSTON).
Apr

$5,605,3*7
564,135
1,376,396

15 '04
$4,733,225
395,1»7
1,051,876

Oct. 31. '03,
$5,035,370
417,020
999,061

Total
$7,545,878
Trust department (additional)
$908,877

$6,180,298
$d58,426

$6,451,451

$600,000
4tH,494

$600,000
437,229

$600,000
420,313

6,497,384

5,143,Oo9

5,431.138

Oct.31,'04.

Loans
Bonds and stocks
Cash in ofllce and banks

Capital stock
Burplus and undivided profits.
Deposits

$870,834

Total.

$7,545,8^8
$6,180,298
$6,451,451
$870,834
$858,426
$908,877
2% per annum is paid on deposits of
$300 and upwards; special rates on time deposits.
Trust department (additional)
Note— Interest at the rate of

UNITED STATES TRUST CO. (BOSTON).
Resources—

Dec

Dec. 31. '03.
$900,538

31. '04.

June30,'04.

Stocks and bonds

$788,000

Loaus
Cash

3,076,000

$ti92,000
2,81'\0 lO

8t'0,000

5S8,000

2,401,364
584,099

$4,664,000

$4,090,000

$3,886,001

$200,000
400,000
52 000
4,012,000

$200,000
400,000
29,000

$200,000
400.000

$1,203,072

Apr. 15,'04. *Oct. 3l,'03_
$83,973
:f44,755
$86,945
309,886
702,112
317,292

2.803,227
1,024.340
389,392)
474,891 J

its

PURITAN TRUST CO. (BOSTON).
Resources Bonds and stocks

Liabilities—
Capital Htock
Surplus fimd

Undivided profits
Gen. dop. payable on demand.

Total.
$4,664,000
Statistics for Calendar Year—
Amount dividends on company's stock
Rate of Interest paid on deposits

U,68l
2,467,122

$3,283,803

• The figures for Oct. 31, 1903, are prior to the absorption of the
Maseaohusetts Trust Co., which occurred In January, 1904.
ti9i>.L

3,461,000

10,239
3,275,762

$4,090,000

$3.8f«6,001

1903.

1904.
100^

10%

2%

'

2%

WASHINGTON TRUST CO (BOSTON).

Oct. 31, '04.

Real estate mortgages
Stocks aurt bonds

Loans on collateral
Lians to corporations

Capital stock
Surplus fund

Total
1901.

MERCANTILE TRUST CO. (BOSTON).
Resources—

Liabilities—

stock in both 1904 and 1903.
paid on deposits subject to check;

Resources-

2%

Oct. 31,'04. Apr 30, '04.
$21,500,264 $16,109,222
..
1,< 00,000
1,000,(00
4,362,333
4,449,828
1,175,000
1,375,000
1,403,122
1,767,402
6,813,159
9.599,818

Loans
Massachusetts bonds at par
Other bonds and stocks

Resources—

Real estate mortgages

$22,704,186
1903
$314,704
15,735,200

OLD COLONY TRUST CO. (BOSTON).
Resources—

Its

MATTAPAN DEPOSIT & TRUST CO. (BOSTON).

6,2 >5,548

16,787,140
160,603

Total
$24,942,109 $26,355,297
Statistics for Calendar Year—
1904.
$316,S95
Interest cre.iited depositors during year ...
Amount dei)08it8 receiving interest
15,819,732
Rate of interest paid on deposits
2%

Total

$2,878,?»24
$2,923,530
$2,821,260
stock in 1904, and 4 p. o. In 1803,

INTERNATIONAL TRUST CO. (BOSTON).

Total

31, '03.

upon

Total

Surplus fund
Undivided profits

Liabilities
Capital stock

Dec

5,9ti3,962

Loans

Liabilities—
Capital stock

Oashonhand

JnNE30,'04.
$2,223,628

$2,885,900
5,666,370

$2,287,028
6,022,543

Liabilities—

Liabilities—

Company paid 5

CO. (BOSTON).

Dec. 31.'01.

Real estate mortgages
Stocks and bonds

$565,080

$711,014

$754,595

Total

[Vol. lxxx«

*

Resources—
Tlin'^l>ans
Demand loans.

Ma.'Sachus

tts

bonds ($50,000).

(laMh in otlloe and banks
P'urnlturo and fixtures

,

Expense aocouni.
Interest paid on deposit!
Total

Jan. 17, '05.
$1,310,480
220,401
48,125
398.491
12.706
11,613
2,684
$2,004,400

Liabilities—
Capital stock

surplus
Earnings undivided
Deposits

Commenoed

1,224,40?

$2,004,400

Total.
*

$500,000
250.000
29,991

business October 1, 1904.

.

Feb.

THE CHRONICLE.

4, 1905.]

573

Philadelphia Companies.
American Trust Company (Philadelphia).
Dec. 3 1 '04. Mat 31, '04. Nov. 17, '03.
RE80IJHCE8—
,

Cash on hand

Duefrom

banks, etc

Oomm'l & other paper owned.
Loans upon collateral
Stocks, bonds, etc

Mortgages
Real est., furniture
Other assets

&

fixtures

Total

$14,752
95,393
21,930
231,910
213,442
122 132
85,8x7
2,973

$17,113
63,156
44,-23
169,750
224,306
75,s98
85,216
2,971

$18,714
54,208
30.043
208,512
200,756
84,590
78,547

$788,419

$683,234

$677,563

$200,000
47,835
532,584

$200,000
49,902
433,332

$200,000

Deposits
Dividends

52,3 8

425,185

$683,234

$783,419

&

Central Trust
Besoubces—

$577,563

Savings Co.* (Philadelphia),
Dec 31, '04. Jdne30,04. Dec. 31. '03.

stock investments
Amt loaned on collaterals.
Real estate

.

Cash on hand
Cash on deposit
To'al

$360,366

$315,702

$213,363

1,945,194

I,b28,a88

lt>0.763

1,615,619
7r ,089

105,763
280.324

90 515
181,929

46,610
13i,576

$2,852,410

$2,280,854

$1,761,462

$500,000
150,000
20 872

$500,000
125,000

$500,000

2,181,538

l,636,3i^0

1,13 s47H
1,000

$2,280,854
1904.
$47,888
J 6,900
24,000

$1,761,462
1903.
§*22,984

41, .^25

Liabilities—
Capitul stock

Surplus fund

Undivided

profits

Gen'l deposits pay. on

Other

demand

Total
$2,852,410
Statistics fob Calendar Year—
Total amount of profits during year
Interest credited depositors same period...
of institution

same

lOO.OOi*
22, 9-14

19,551

liaDiiitles

Expenses

i;erlod.

5,41 1>

12,084

Amount of dividends
*

Commenced business

April 15, 1903.

4

For im

c.

p. c.

City Trust, Safe Deposit & Surety (Phila.).
Nov. 21, '04. Mat31,'04. Dec. 31, '03.
$83,724
Cash on hand
$7;. 0.^0
$87,368

Duefrom

Loans upon collateral
Stocks, bonds, etc
Morcsrages
Real est'e, furniture & fixtures
Other assets

213,938

l,50.^,837

l,361,9t>7

30,900
507,837
391,484

345.072
30.950
516,753
437,028

3^3.171
33,000
521, 85
481,522

$3,374,672

$3,177,404

$3,048,507

$500,000
250,272
29,494

$500,000
269,864
18,788

$500,000

2,581,861
13,045

2,387,960
10,792

53,219
2,215,088
16,894

$3,374,672

},177,404

$3,048,507

3.'S0,071

Total
Liabilities—
Capital stock.
Surplus and reserve fund

Undivided

269,714

640, "^18
1,366,094

banks, etc

profits.

Deposits
Other liaoilities
Total

Colonial Trust Co. (Philadelphia).
Resources—
DEC. 3 1 ,'04. June 30,'04.
Real estate mortgages.
Stocks and bonds

Loans on collateral
Real

est.,

furniture

&

fixtures.

Cash on hand and in baoks
Commercial & otn.paper own'd
Other assets
Total

$5. 50
213,200
515,642
140,966
95,755

$5,.5.50

39,566

164,903
451,720
115,966
55,793
61,306
23,a39

$1,106,517

$878,462

9=>,838

Liabilities—
Capital stock

Surplus and undivided profits.
General deposits
Other liabilities

Jdne30,'04.

$373,947

Bonds
Loans on collateral
Real estate

1,55 ',204

$250,f

$250,000
264,189
591,395
933

f

169.920
455,954

$1,106,517

Capital stock paid In
Surplus and reserve fund

Undivided profits
Deposits

Total

Company paid 12

Nov. 17,03
$3,< 50
106,770
458,094
112,016
96,033
23,09O
1,979

$801,082

$250,000
26,266
523,^-28

888

$878,482

$£01,082

.

Miscellaneous assets
Total

Liabilities—
Capital St ck
Surplus & undivided

profits...

Deposits
Miscellaneous liabilities
Total

4K8,7» 8
280.0/i8
180,<>00

...

Nov

17,'03.
$22.=i.025
.^2,545

p. c.

556,590

Total
Capital stock
reserve fund.
Undivi'd prof.
Dividends unpaid
Deposits special
Gen. dep. payttbl« on demand.
Deposits i'pe' ial settlement...

&

—

Total

Liabilities—
Capltalstock
Surplus and reserve fund
Undivided profits
Deposits suhject to check
Other liabilities

$2,074,653

$400,000
185,00«

$400,000
167.448

$400,000

2,009,575
37.215

1,791,902
14,070

1,492,562
31.232

$2,631,798

$2,373,420

$2,074,6^3

l.'S0.M.'i9

Total

Total

$771,550
432,091

$845,564
432,091

1,7^2,090
511,445

1,629,957
460,785

324

'/ei

458,505

470,601

441,358

$4,093,334

$3,908,101

$3,810,016

$500,000
187,194
65

$500,000
186,709
56

$500,000
174,530
49

1,201,867
2,145,154
55,538

1.159,051
1,943,620
117,950

1,990,7 3

516

715

567

$4,093,334

$3,908,101

$3,810,016

1,113,367

30,800

Equitable Trust Company (Philadelphia).
Resources—

Dec. 31, '04. Junb30,'04. Dec, 31, '03.
$113,640
$10 ,364
$101,654
1.319,715
884.363
620,495

mortgages
Stocks and bonds
Loans on collateral
Real estate

Cash on hand and in banks
other assets
Total

2,962.696
519,323
606,234
151,241

2,4(il,H67

2,6 9.336

523,243
965,254
147,725

506,258
578 846
153.454

$5,672,849

$5,031,816

$4,610,063

$1,000,000
66,012
4,376,837
30,000

$1,000,000
200,000
51,043
3,750,773
30,000

$1,000,000
200,000
58,251
3,321,794
30,018

$5,672,849

$5,031,816

$1,610,063

Liabilities—
Capital stock
Surplus and reserve fund
UndiATided profits
General deposits
Neit dividend

200,<

Total

Note

00

Company

paying 6 per cent dividen'is. Interest is paid
on all deposits at the rate of 2 per cent on sight deposits and 3 per
cent on two weeks notice.
-

is

Excelsior Trust & Savings Fond (Phila.).
BesourcesNov. 21, '04. Junk30.'04. Dec, 31, '03.
r'ash on hand
$25,.'^ 52
$14,950
$1\3?0
Due from banks, etc
3>*.3<7
8 6><4
48,976
•

,

Loans upon

117,555
242,371
239.725
?4.4S1
44,575

collateral.........

Stocks, bonds, eto

Mortgages
Real est., furniture
Other assets

& fixtures.

Total

Liabilities—
Capltalstock
Ui dlvirt. profits

& reserve fund

Deposits

Resources—

150.765

110,908
172,436
203,650
34,267
3.331

230. P31

243 950
34,688

$772,943

$713,521

$5SO,888

$150,000
16,411
606,532

$150,000
11.247
552,274

$150,000
10.126
430,762

$772,943

$713,521

$590,888

$l,55'>,74'j

$1,617,796

11,912,101
14,0^5,634
1,304,404
7H^,825
4,S51.899
46,824

9,915,651
11,237.742

ll,f^>^5,739

Total
Liabilities —
Capital stock
Surplus fund

Total

$34,230,318

Real estate

h04,.'=,65

47.090

734,6 8
2,043,947
7^,687

$34,230,318

$23,574,051

$28,536,851

$2,000,0"0
5,000.000
Undivided profits
1,352,900
Deposits payable on demand.. 25,805,816
Other liabilliies
71,602

$2,000,000
5,000.000
902,^37
20,633,824
37,690

$2,000,000
4,500,000
l,0r9 622
20,895.619
71,610

$23,574,051

$28,536,851

.

Nov.

$1,000,000
1.000,000

$1,000,000
1,000,000

3ti7

.=).'S0,215

11,526,694
124,388

8,16i,i91

$16,140,0i9

$14,140,449

$10,941,909

230 503

21. '04.

S5,8'0
571.906

etc

Loans upon collateral

$1,000,000
1,000,000
5 1,885
13,485,477
82.6S7

4,158,'

8

Finance Co. of Pennsylvania (Phlla.).

Com'l and other paper owned.

$10,941,909

11,474,439

905.1.^4

754,541

2,061,254
66.148

$14,140,449

31, '03.

June30,'04.

7,568, 8.=iO

215, 5v8
402.692

Dec

Dec. 31, '04.
$1,309,631

Real estate mortgages
Stocks and bonds

Resources$.54,5t)3 Cashonh^nd
572.8'4 Due from banks,

$16,140,049

489

^^

m47

Other liabUitles

Other assets....

$2,3737420

&

126,846
5.034.020
2,709

.^32,216
1,790.37^:

447.7' >5 Cash on hand
284,t^68 Cash on deposit

$2,631,798

etc
Loans upon collateral
10,1->1..349
Stocks, bonds, etc
2,532,3 i4
Furniture, fixtures
vault....
63,148
Real estate
269,732
Other assets
212,2^4

60.5.1
6,010,098
2.026

$1,000,000
1,000,000
80.365
4,597,502
42,102

Liabilities—

Loans on collateral

3,192
22,101

«79,683
3.472.825
7,601.619
2,558,931
;4,648
217,513
145,225

l,00t),000

$754,S00

Loans on collateral
Cash on hand and in bank
Overdrafts
Other assets

241.265
305,690

24,814

$54,423
2 856,819

$1,000,000

1,1 0,t-00

$3,172,6-<5
$7,163,575
$6,719,969
on its stock in both 1904 and 1903.

Real estate mortgages
Stocks and bond-»

Commercial Trust Co (Philadelphia).
Dec 31, '04. June30.'04. Dec.31,'03.

Resources—
Oashonhand
Due from banks,

$1,000,000

Fidelity Trust Co. (Philadelphia).

1H0."00
311.299
26.156

3'

$6,719,969

Continental Title & Trust Co. (Phila.).
Dec. 31, '04. June 30,'04. Dec. 31, '03.
Besources—

Columbia Avenue Trust Co.
RESOtTBCESNov. 21, '04.
Cash on hand & due from banks
$449,428
Co mm'l & other paper owned.
143,728
Loans upon collate al
19^042
Loans upon bonds and morts..
561.618
Stocks, bonds, etc
51.%885
Mortgages
..
278,777
Banking house, furniture, etc.
180,000
Oiher real estate
2^5,506

$7,163,575

2«:-t,3y6

2,608

(Phila.).
MAT 31,04.
$289,745
140,4^9
315.210
374,117

$8,172,685

505.3«

TjTARTT TTIES—^

Total

Total

1,996.602
2,394.337
1,564,526
178,543

150,320

158,127
774,141
170,611

Total

Dec. 31, '03.
$212,762
1,639,779
2,389,177
1,612,958
165,147
424,046
276,100

Cash on hand
Cash on deposit
Other assets

tteal estate

BB80URCE3—

(Phila.).

31, '04.

All

2 and 3
mouths.

2 and 3 p.

& Trust

$456,331
2,681,400
2,381. H71

none

declared same period.
Amoiint deposits on which int. is allowed.

Bate of interest

Dec

Resources—

Other llabiUties

8,000

Total

Title Insurance

Real estate mortgages

2,lt^3

Liabilities—
Capital stock
Surplus and undlv. profits

Commonwealth

15,<'00

I,lf0,91l
6,al4 795
27„500
4 469

Stocks, bonds, etc

Mortgages
Otuer assets
Total

Mat 31. '04.

$5 2"0
540 027
50,000
949,528

Nov.

17. '03.

$7,675
691,8-1
103,134

H2.312

6,5H7,40t

6,2!-9,469

27 500
1.784

27,500
1,497

$8,100,431

$8,111,513

$3,043,468

$3,493,200

$3,493,200

$3,493,200

Ll.\BILITIE8 —

Capltalstock
Unillvlded profits
Deposits

Other

liabilities

Total

& res.

fund.

597

689, "12

975,340
2.864.634

1.420,153
2,467,e53

1,06m,997
2,791,459

$8,100,431

3,111,513

$3,043,468

767.2.57

7,30

THE CHRONICLE.

574
Frankford Real Estate, Tr.
Resources—

&

Guarantee Trust

Safe Dep. (Phlla.)

224,09 6
12,547
26,000
33.995
66,979
§15,500

J0Ne3O,'O4.
$310,745
703,238
255.393
10,275
26,000
3n,440
77.725
§15,060

Dec.31,'03.
$296,045
641,116
233.754
8,376
40,803
24,406
66,411

$1,492,314

$1,436,876

$1,311,411

$125,000
50,000
28,115

$125,000
35.000
33,962

$125,000
35,000
27,658

1,286,074
3,125

1,239.789
3,125

1,120,628
3,125

$1,492,314
Total
$1,436,876
§ Includes vaults, furniture and fixtures.
1904.
Statistics fok Oalendak Yeab—
Increase profit and loss for year..
$15,457
depositors
during
Interest credited
year.
30,055
Expenses of Institution same period
11,252
Amount dividends on company's stock, 5%.,
6,250
deposits
receiving
interest
Amount
1,286,074
paid
on deposits
Rat« of Interest

$1,311,411

Real estate mortgages
Stock and bonds
Loans on collateral
Loans on pereonal securities..
Real estate
Cash on hand
Oaelion deposit
Other assets

Dec. 31, '04.
$306,320
807,»77

Total
Liabilities—
Capital stock
Surplus and reserve fond

Unoivlded profits
General deposits payable on
demand and time
Dividend payable

,

,

Franklin Trust

2&3%

1903.
$14,074
26,960
10,610
6,250
1,120,628

2&3%

Dec. 31. '04.
$27,900
91,423

,

,

226,426

Cash on hand
Cash on deposit
Other assets

5,265
59,792
13,313

.
,

,

$424,119

Total

LiabilitiesCapital stock paii in

$182,180
50,730
189,635

Surplus and undivided profits.
Deposits
Other liabilities

1,574

$424,119

Total
*

Commenced business September

19, 19C4.

(Fliila.).

Resources-

Dec. 31, '04. June30,'04. Dec. 31,'03.
$179,347
$26,739
$28,794
99.052
123,371
109,009
742,130
740,205
879,575
Stocks, bonds, etc
737,269
483,392
783,598
Mortgages
402,463
288,781
535,800
Real estate.f urniture& fixtures
275,000
275,000
255,158
Other assets
29,392
31,923
28,053

Cash on hand
Due from banks, etc
Loans upon collateral

$2,488,447

$2,338,419

$2,227,185

$500,000
136,245

$500,000
133,753

$500,000
121.511

1,838,284
13,918

1,683,889
20,777

1,594,386
11,288

Total
$2,338,419
$2,488,447
Statistics for Fiscal Yeah Ending Sept. 30— 1904.
Total of profits for year
.,.
105.274
Interest credited depositors during year
35,500
Expenses of institution same period
c0,485
Amount dividends on company's stock
14,994
Amount deposits receiving interest
1,492,300
2 & 3%
Rate of interest paid on deposits

$2,227,185
1903.

Liabilities—
Capitalstock
Undivided profits
Deposits
Other liabilities

& res.

fund.

106,f^01

32,599
30,698
14,994
1,363,313

2&3%

Co. (Philii.).
JUNE.30'04. Dec. 31, '03.
$122,253
$91,257
$94,500
2>^4,232
385,7a7
271,576
2,479,393
2,372.350
2,121, 68H
98,000
75.300
27,500
'577.750
763,714
798,337
243,947
262,856
254,486
157.460
155.270
155,843
15,015
12,880

Dec

Cash on hand.
Due from banks, etc
Loans upon collateral
Loans upon bonds and mtges.
Stocks, bonds, etc

Mortgages
Real est furniture
Other assets
,

& fixtures.

Total

31, '04.

$4,279,555

LiabilitiesCapitalstock
Surplus and profits
Deposits

$000,000

Total

$4,017,8.=

9

$3,723,930

522,78 8
3,156,767

$600,000
502,032

$600,000
496,975

2,915.827

2,626,955

$4,279,555

$4,017,859

$3,723,930

Girard Trust Co. (Pliiladelphia).
Resources—
Dec. 31. '04 June30,'04. Dec. 31. '03
Cash on hand and in banks... $0,675,309
Loans
17,971,068
13,715,025
2,134,669
12.300

$7,860,583
15.419,918
11,179,577
2,131,523
12,3C0

$4,025,312
16,398,837
9.208,202
2,130,923
12,300

$40,508,371

$36,603,901

$31,775,574

$2,.'500,000

$2,500,000
7,500,000
1,184,694
25,169,207
250,000

$2,500,000
7,500,000
1,008,450
20,517.124
2 £0,000

Securities
Real estate
Other assets

Total
LlABILITIKS —
Capital stock
Surplun fund

7,500.000
1,354,570
28,903,801
250,000

:

Undivided profits
Deposits

Dividend
Total

$40,508,371

$36,603,901

$31,775,574

Guarantee TruHt & Safe Deposit (Philadelphia).
Nov. 21. '04. Mat 31. '04. Nov. 17. '03.
Resources—

Cash on hand
*55,804
l,188.8n4
Due from banks, etc
Commerc'l & oth paper owned
345,070
Loans upon collateral
3,075,556
Loans upon bonds and mortgaKes
68,517

—

Stocks, bonds, etc

Mortgages
Real estate, furniture and
tures
Other assets

Total

$46,815
720,295

694,557

3.472,038

3,490.189

74,575

100,213
2,129,069
78,806

54,896
1,804,405
90,973

646.856
70,259

658,762
70,802

667,663
69,346

$7,892,102

$7,276,800

$6,925,604

2,366.»n

I

$1,000,000
400,000
52,757
5,819,334
4,709

$1,000,000
313,557
105,431
5,498.679
8,037

$7,892,102

$7,276,800

$6,925,604

Hamilton Trust Co. (Fhiladelphia).
Resources—
Cash on hand
Checks and due fr. banks, etc.
Com'l and other paper owned.
Loans upon collateral
Loans upon bonds and mtges.

Dec. 31, '04.
$44,432
60.467
247,735
446,159
106,300
84.466
66,600
54,145

Stocks, bonds, etc

Mortgages
Real est., furniture
Other assets

&

fixtures

$53,57.5

Nov.

17,'03.

$68,640
77,490
247,756
199,541
64,700
111,894
56,900
52,953

Total

$1,110,304

$958,490

$881,711

$200,000
39,971
870,333

$200,000
32,370
726,120

$188,750

$1,110,304

$958,490

$881,711

Liabilities—
Capital stock
Undiv. profits
Deposits

& reserve fund.

&

Industrial Trust, Title
ResourcesJan.
Cash on hand and due from

Sariugs Co. (Fhila.).
'05. July 1, '04. Dec.31,'03

$402,315

$380,664

$257,808

1,158,233

1,611,110
1,092,583

770,346

748,784

1,635,650
1,094.084
590,579

217,282

192,470

178,010

$4,142,896

$4,025,611

$3,756^129

$350,000
439.000
40.620
14,000
3,299,276

$350,000
415,000
40,057
14,000
3,206,5£4

$350,000
390,000
39,575
14,000
2,962,554

Stocks, bonds, etc

Real estate, lomiture and

3,

25,213
667.748

I,594.'i20

banks, etc

Loans upon collateral
Mortgages and ground rents..
fix-

tures

Total

Liabilities—
Capital stock paid in
Surplus and reserve fund

Undivided profits
Dividend

(net)

Total

$4,142,896
$4,025,611
$3,756,129
c. on stock in both 1904 and 1903.
Interest at the rate of 2 p. o. is paid on balances sabject to check; 3
p. 0. is paid on savings accounts.

NOTE-Company declared

8 p.

Integrity Title Ins. Trust & Safe Deposit (Fhila.).
Resources—
Dec. 31, '04. JtmE30,'04. Dec. 31. '03.
Real estate mortgages
Stocks and bonds

$800,089

$614,253

$533,240

1,503,944
1,564,498
170.813
97,897
318,237
3,764

1,375,124
1,480,270
172,863

84 933
285,684
4.785

1,321,588
1,518.805
176,093
94,319
224,123
6,680

$4,459,242

$4,017,912

$3,874,848

$500,000
550.000
128,459
1,506,537

$500,000
525,000
127,400
1.460,794

$500,000
525,000
80,507
1,374,900

1,766.288
7,958

1,397,390
7,328

1,384,886
9,556

Total
$4,459,242
Statistics for Calendar Year—
Total of profits for year
Interest credited depositors during year...
Expenses of institution same period
Amount dividends on company's stock
Amount deposits receiving Interest
Rate of Interest paid on deposits

$4,017,912

$3,874,848
1903.
$195,068
60,494
27,504
40.000
2.683.180

Real estate

Cash on hand
Cash on deposit
Other

aitsets

Total....

Liabilities Capital stock
Surplus and reserve fund...

Undivided

profits.

Deposits in trust
General deposits payable on

demand
Other

liabilities

1904.

$208,985
65,935
32,141
40,000
3,221.170
2

& 3%

2&3%

luTestment Company (Fhiladelphia).
ResourcesNov. 21, '04. Mat 31, '04. Nov. 17, '03.
Cash on hand
Due from banks, etc
Commer'lA other paper owned
Loans upon collateral

$1,''14

Stocks, bonds, etc
Other assets

Total
Liabilities—
Capital stock
Surplus and reserve fund

Undivided profits
Deposits

Due banks and bankers
Other liabilities
Total

Land, Title
Resources—
Cash on hand
Due from banks, etc
Loans upon collateral
bonds and mortgages
Mortgages
Real est., furniture
Otherassets

92,712
327,000
945,655
4,051.206
375,464

$1,773
b2,195
319,000
1,162,063
2,955.209
3&9,265

$2,501
73,185
273,115
1,316,848
2,444,307
346,956

$5,793,751

$4,859,505

$4,456,912

$2,000,000
1,000,000
119,923
563,248
2,110,000

580

$2,000,000
1,000,000
76,107
459.833
1.320,523
3,042

$2,000,000
1,000,000
164,058
617.262
670,000
6,592

$5,793,751

$4,859,505

$4,456,912

& Trust

Co. (Philadelpliia).
Dec.31,'03.

3,772,829

June30,'04.
$268,560
2,433,813

3,663.368
2.815,887
757.493
1,0' 0.669
353,927

4,260.188
1,439.994
414.888
966.749
362,581

3.910,220
1,252,510
469,300
968,380
331,556

$12,737,930

$10,146,782

$10,339,895

$2,000,000
1,600.000
34f^,.' 35
8,792,395

$1,166,100
1,000,000
453,506
7,177,176
350,000

$1,000,000
1,000,000

$10,146,782

$10,339,869

Dec. 31, '04.
$367,757

& fixtures

Total
Liabilities—
Capital stock paid in
Surplus and re.serve fund
profits.

Deposits

Proiulam on increased capital
Total

$338,.^45

3,069,384

and

Stocks, bonds, etc

Undivided

fix-

June30,'04.
$50,317
74,603
235,732
384,038
44,900
67,055
47,200
54,645

1,837

Loans on collateral

Germantown Trust
Resources-

Total

$1,000,000
400,000
61,073
6,428,141
2,888

Deposits

German-American Title & Trust Co.

Total

Safe Deposit (Fliiladelphia).—(Con.)
Nov. 21, '04. May 31, '04. Nov. 17, '03.

Total

Resources—
Bonds and mortgages

&

Liabilities—
Capitalstock
Surplus fund.
Undivided profits
Deposits
Other Uabilities

500

Co."" (Ftaila.).

Stocks and bonds
Amt. loaned on collaterals and
personal securities

[Vol. lxxx.

$12,737,930

328,';68

7,661,127

350,000

.

Feb,

THE CHEONICLE.

4, 1905.
|

Lincoln Savings
EESOUBCK8-

& Trast
Nov. 21,

$3,676
56,781
91,841
5,000
9,800
224,795
35,626
22.674

Cash on hand
Due from bank8 and bankers.
Loans upon coUateral
Loans upon bonds and mtgs...
etooks, bonds, etc
Mort(?agea. etc
Real est., furniture
Other assets

& fixtures.

Total
Liabilities—
Capital stock

Undivided profits
Deposits

Other

liabilities

Total

Manaynnk Trust
BE80UKCER—

Pa. Co. for Ins. on Lives

Co. (Pliiiadelpliia).
'04.

May31,'0-1. Nov. 17/03.
$4,608
$3,660
50.672
31,810
95,326
77,991
15.300
12,261
9,800
9,800
192,624
198,425
35,323
34,851
25,893
12,960

$450,193

$429,748

$381,753

$132,000
27,529
288,690
2,074

$132,000
32,404
263,274

$132,000
35,104
214,654

$450,103

$429,716

2,063

Total

Surplus fund

Undivided profits
Gen. dep. payable on demand.
Special deposits

Other

Uabilltlea

Total

Co. (Philadelphia).

Stocks, bonds, eto

Moitgages
Real e8tate,furnlture<Si fixtures
Other assets
Total

$1,344,925

$1,256,43S

$1,236,758

$250,000
90,000

$250,000
90,000

17,415
347,762
633,603
6,145

$250,000
90,000
13,630
301,604
587,759
13,445

$1,344,925

$1,256,438

$1,236,758

2,769
321,509
558,809
13,671

$9,879
167,868
839,690
163,800
363,916
154,234
56,947
32,825

$10,166
182,049
830,500
157,400
278,216
153,538
49,304

$8,873
89,893
753,446
103,600
282,016
233,716
48,783
33,819

$1,769,159

$1,718,673

$1,554,146

$5fO,000
50,000
62,009

$500,000
50,000

t.7,500

Liabilities—
Capital stock

Surplus and reserve fund....
Undivided profits
Deposits

Cash on hand
Checks and other cash items.
Due from hanks, &o
Commercial and other paper.
Loans upon collateral
Stocks, bonds,

$682,951

$746,1.59

200

$800,283

212

2,551,519
115,000
8.450,751
8,031,168
2,779,513

2,053
1,687,901

933,985
133,747

3,126,702
65,000
7,831,359
7,661,766
2,28H,012
928,985
173,669

$23,683,834

$22,821,864

$20,534,780

$2,000,000
2,000.000
1.009,885
18,577,111
96,838

$2,000,000
2,000,000
1,099,502
17,538,009

$2,000,COO
2,000,000
1,019,679
15,452,690
62,411

&o

Mortgages
Real estate, furniture and
Other assets

fixt.

Total
Liabilities—
Capital stock
Surplus fund.

Other liabilities

1,177,150

53,031
1,115,642

$500,000
50,000
54,495
949,651

$1,789,159

$1,718,673

$1,554,146

1904.
Fiscal Year Ending Nov. 30—
$497,173
Total profits for year
during
the year
Interest credited depositors
410,466
258,057
Expense of institution for same period
Dividends on company's stock
400,000
2%
Rate of int. on deposits (Banking Department) .. .
(Trust Department)
do
do
2%-4?6

Mortgage Trust Co. of Pennsylvania
Besocbces—

Mat 31. '04.

$4,690
199,078
163,169
3,224,475
722,079
61,123

$9,368
55,560
231.939
4,035,240

1,898

$4,060
46,392
167.719
3,401,413
713,477
66,743
3,623

$4,376,512

$4,403,423

$4,429,787

$500,000
248,032
126,890

$500,000
245,680
95,645

$500,000
217.613
100,974

3,501,600

3,562,100

3,611,200

$4,376,512

$4,403,425

$4,429,787

Cash on hand
Due from banks, eto
Callloans upon coUateral
Loans upon bonds and mtges.
Morfg-iges.atoost]
Real estate

Other assets
Total
TjTABTLITIES
Capital stock

(Phila.).

Nov. 21, '04.

Nov.

17, '03.

Resources—
Cashonhand
Due from banks,

Nov.

"

Contingent fund
Deposits subject to check
Debenture bonds

TotaL

Northern Trust Company* (Phila.).
Resources—
es' ate mortgages
Bonds & Investm't sec. owned
Loans on collateral

Real

Real estate

Cash

Dec. 31, '04. Jdne30,'04. Dec 31, '03.
$?62,179
$794,639
$763,979

May31,'04.

$2,016
28,502
43,055
325,644
716,946
820,948
41,112

$2,674
41,952
55,466
290,833
745,474
820,948
39,790

$1,224
46,817
45,963
238,434
695.746
820,949
43,637

$1,977,223

$1,997,137

$1,892,769

$441,100
594,532
462,064
120,000
103,703

$441,100
594,532
257,039
120,000
494,066
90,400

$441,100
576,855
247,690
120,000
471,869
35,258

$1,977,223

$1,997,137

$1,892,769

Accrued storage charges
Loans upon collateral
Investment securities o-wned.
Realestate.furniture&flxtures

Other assets
Total

Capital stock
Surplus fund
Undivided profits
Gen. dep payable on demand.
General deposits payable on
two weeks' notice

Dividend

Capital stock

& res.

Undivided profits

fund.
Deposits subject to check

Bonds and mortgages payable
Bills payable,
Other liabilities

2.55,824

Total

Philadelphia Mortgage
Resources—
Cashonhand
Due from banks,

Cashonhand

Cash on deposit
Other assets
Total.

Liabilities—
Capital
Gen. dep's payable on

Other liabiUiies

demand

Total
*

Commenced

business

May

136,446
173,008
8«6.983
81,974
23,189

73.444
2,800
48,444
164,401
173,008
1,192,6H5
81,974
122,448

Nov.l7,'03.
$1,518
57,859
2,800
48,733
178.489
173,008
1,199.124
79,154
120,613

$1,445,356

$1,860,212

$1,661^298

$500,000
80,332

$1,000,000

15,968
23.908
ICO.OOO
336,300
8S,S48

9,940
22,342
100,000
631,300
96,630

$1,000,000
3.949
14,167
21,902
100,000
640,800
80,480

$1,445,356

$1,860,212

$1,861,298

eto

Loans upon collateral

i,800
48,445

Mortgages
Real esre, furniture & fixtures.
Other real estate
Accrued interest account
Other assets
Total

Liabilities—
Contingent fund
Undivided profits
Deposits
Bills payable
Company's bonds outstanding.
Other liabilities
Total...

Phila. Trust, Safe Deposit

Resources—
Cashonhand
Due from banks,

eto

&

'.

Ins. Co. (Phila.).

Dec. 31, '04. June30,'04. Nov. 17, '03.
$675,952
$684,351
$660,550
1,821.293
917,333
606,779

-...

5,342,663
267,200
300,000
37,732

$12,450,915

$11,072,954

$11,247,268

Capital stock
$1,000,000
Surplus and undivided profits. 3,344,898
Deposits
8,112,473

2,237,040
20,000

Dividends unpaid

2,.544

$1,000,000
3,320,529
6,749,665
2,760

$1,000,CK)0

2,942,915

$12,459,915

$11,072,5 54

$11,247,268

$6,388,741

$500,000
675,000
103,(07
3,409,480

$500,000
675,000
48,677

$500,000
675,000
13,786

2,852,549

2,703,928
20,000

2,455,660
20,000

Mortgages
Other assets
Total

,

Liabilities—

TotaL

Provident Life

&

Resources—

Dec.31,'03.
.$33,100

7,511
4,111

30,812
16,775
8,836
21,552
2,821

$617,751

$460,857

$325,672

$1.=.0,000

405,686
62,065

$150,000
308,777
2,080

$150,000
171,408
4,264

$617,751

$460,857

$325,672

Cashonhand
Cash on deposit
Tf>tal

Insurance Dept. (additional)
I TARTI TTTTT'

3,261,592
6,976,540
9,136

Trust Co. (Philadelphia).

Nov

Real estate mortgages
Stocks and bonds
Loans on coUateral

Real estate
60.031
160,4«0
8,153
9,020
8,386
38,213
8,288

21, '04.

$344,433
5,107,818
8,777.795
30,268
187,806
1,006,570

Mat31.'04. Nov. 17, '03.
$337,8:9
6,0-5,420
5,598.331
30,263
212,525
1,092,205

$345,047
8 9,4 12

e..-^-

5,700,816
30,268
141,335
850,655

$15,454,690 $13,556,028 S13,657,,533
$53,065,460 $51,444,674 $49,937,208

T.

Capital stock
Surplus and reserve fund

$1,000,000
3,250,000
Undivided profits
854,62»
Gen. dep. payable on demand. 10,350,067

$1,000,000
3,250,000
734,271
8,372,357

$1,000,000
3,250,000
741,911
8,665,622

$15,454,690 $13,356,628 $13,657,533
Total
Insurance Dept (additional). $53,065,460 $51,444,674 $49,937,208
1904.
1903.
Statistics for Fiscal Year ending Nov. 30—
$193,.'i68 $183,979
Interest credited depositors durlni.' year
25H9o
25%
Amount dividends on company's stock

Amount deposits
18, 1903.

$918

5,788,7P4
361,700
300,000
36,107

$6,551,886

14 5,460

Mat 31, '04.

Stocks, bonds, eto

$7,417,015

$71,300
163,301

'04.

$l,S89
91,822

Nov. 21,

3,968.420
15,000
5,369,345
271,700
300,000
55,475

556,394

$139,050
188,164
162,060
62,741
41,602
12,512

Trust Co. (Phila.).

3,532,074

2,036,510
2,849,549
177,559
501,144

Dec.31,'04. June30,'04.

Si

3,567,630

2,273 940
2,727,907
199,006

North Fhll&delpbid Trust Co.* (Phl'a.).
Resources-

17, '03.

Loans upon collateral
Loans upon bonds and mtges.

2,778,594
2,924,123
225,654
620,465

Total
$7,417,015
$6,551,886
$6,388,741
Statistics for Calendab Year—
1904.
1903.
Interest credited depositors during year
$130,106
$116,361
Amount dividends on conopany's stock
40,000
40,000
Average amount deposits receivlug interest
5,398,431
5,179,955
Rate o f interest paid on deposits.
2% and 3% 2% and 3%
• Formerly the Northern Savings Fund, Safe Deposit
& Trust Co.

Bonds and mortgagep
Stocks and bonds
Amount loaned on collaterals.
Amount loaned on per. see's..
Bankmg house and fixtures...

Nov.

Liabilities—

Realestate,furniture&fixtures

Total

2%

2%-4%

21, '04.

eto

Capital stock

70,176
27,504

1903.

$742,370
335,808
283,581
400,000

Pennsylvania Warehousing & Safe Dep. (Phila.),

Stocks, bonds, etc

TotaL

134,ci53

200.000
8,285,059
3,988,677
2,349,663
949,233
2,271,910

$23,683,834 $22,821,864 $20,534,780

Total

Merchants' Trust Co. (Philadelphia).
Nov. 21, '04. May 31, '04. Nov.l7,'03.
Resources—
Cash on hand
Due from banks, eto
Loans upon ooUateral
Loans upon bonds and mtges.

and (Granting Annuities (Phila.),
Nov. 21, '04. May 31, '04. Nov. 17, '03.

Deposits

$381,758

Liabilities—
Capital stock

Resources—

Undivided profits

Deo.31,'04. JU>e30,'04. Dec.31,'03.
$372,420
$335,163
$337,355
279,143
344,929
233,674
9,019
7,660
10,134
328,993
295,240
353,928
145,150
148,770
176,484
32,585
32,585
32,530
18,650
22,876
25,360
111,438
90,814
57,746
13,233
12,696
9,547

Real estate mortgages
Stocks and bonds
Judgment notes
Loans on coUateral
Loans on time
Real estate
Cash on hand
Cash on deposit
Other assets

575

receiving Interest

"ste of interest on

deposit!*

all.

all.

2%

2%

THE CHRONICLE.

576

[Vol. lxxx.

Trust Co. of North America (Philadelphia).-(Concluded.)
Real Estate Title Insurance & Trust (Phila.).
31,
31,
'03.
Dec.
Dec.
'04. JirNE30,'04.
Llabilities—
Nov.2l,'f>4. Mat31,'04
FResoukces—
Nov 17, '03.

227,602

544,804
227,751

$188,772
1,062,459
2,262,073
558,252
181,121
619,217
234,001

$5,502,843

$4,923,510

$5,105,895

Capital stock
$1,000,000
400,o00
Surplus and reserve fund
64.351
Undivided pro Hts
Gen. dep. payable on demand. 4,007,483

$1,000,000
400,000
38,685
3,458,339
31,486

$1,000,000

$4,928,510

$5,105,895

Real estattMiiortgages
Stoobs and bonds
Loans on ooUateral

$246,425

1.145.966
2,025,063
527,471
211,030

554,»59
38,6i5

Real estate

Cash on hand
Cash on deposit

8'J6.851

Other assets
TotBl.
T

$219,788

1,138.102
2,426,926

TABU ITT^.S^""

Other

31,009

liabilities

Total
$5,502,843
Statistics fob Calendar Yeab—
Amouut dividends on company's stock

Amountd

eposits receivln)? interest

Rate of interest paid on deposits

1904
$50,000

Capital stock
Undivl'd prof.
Deposits

& reserve fund.

Total

Union Trust
Resoubces—

73,966
3,643,433
38,496

Total

1903
$50,000

4,007,483

3 643,433

2%, 2 •%, 3%

2%, 213%, 3%

1,728,721
1,858,399

471,387

480,704

301,324

$10,334,184

$9,273,032

$9,150,858

$23,760
498, 60K

Surplus and undivided profits.
Gen. dep. payable on demand.
Total

7,35t*,199

1,429,707
6,343,325

.$10,334,184

$9,273,032

Tacony Trust Co*

$1,500,000
1,417,453
6,233,405

(Phila.).

Dec. 3l,'04. June30,'04. Nov.17,'03.
$22,975
Real estate mortgage
$93,427
$22,725
309,808
349,505
325,924
Stocks an'l bonds
17-2,550
164,025
222,600
Loans on collateral
17 563
23.216
15,291
Loans on personal securities..

Cash on hand
Cash on deposit
Other assets
Total
T

42,421
13,914

42.421
18,664
77,833
17,057

41,000
33.431
31,993
10,l62

95,350
6,613

$799,686

$692,465

$678,322

$127,500
70.000

$127,500
60,000

9,2«2
575,471
17,453

6,558
473,273
26,134

$127,500
60.000
11,090
478,140

T ARrLirXIES-^"

Capital stock. ...
Surplus and reserve fund

Unilvided proats
Deposits
Other Uabilities

li^.^,154

308.077
338,458
17,800

Other

fund,

liabilities

1,592

$2,964,849

$2,663,323

$2,494,122

$500,000
50,000
25,592

$500,000
50,000

$500,000
50,000
22,643

2,3s6,044
3,213

2,095,9.54

12,536

1,918,503
2,976

$2,964,849

$2,663,323

$2,494^122

Real estate mortgages
Stocks and bonds

Loans on collateral
Rea' estate

Total
iabilities apital stock

$1,735,351
146,257
1,035.972
459.637

116,416

$1,692,989
62.031
1,127,331
464,564
232,135
123,917

$3,950,318

$3,753,574

$3,702,967

$1,000,000

$l,Ono.OOO
450,000
1^5,752
1,302.322
835,500

$1,000,000

$3,753,574
1904.

$3,702,967

33,.'S10

30,208
50,000
1,168,588

Surplus fund

."iOO.OOO

Undivided profits
Gen. dep. payable on demand.
Other liabilities

143,531
1,542.817
764,0t0

Total
$3,950,348
Statistics fob Oalendab YeabInterest credittsdepositors during year
Amount dividends on company's stock
Amount deposits receiving interest
Rate of interest paid on deposits

Real e«tate,fumituie& fixtures
Othtr assets

^'' Total
Liabilities-

$1,998,621

$1,709,460

$1,247,256

$250,000
115,000
18,796

$217,"20

$250000

Capital stock
Surplus and reserve fond

115,000
2^,716
I,6t4,386
3,519

Undivided profits
Deposits

Other

323,715
544,943

liabilities

16.'S,244

21,342

Resoubces—

Dec. 31. '04.

1,324,830

834

•

f

Stocks, bonds, etc

MortKages...
Realestaie.furniture&flxtures

Other assets
Total

$61,289

—

878,396

379,047
6,394

379,047
2,559

378,612
3,900

$4,270,220

$3,691,023

$3,569,958

500

St.
Commonwealth Trust Company*
Resoubces—
Loans
Bonds and stocks
Real e^tate
Other assets
Cash In vaults & depositories
Total

$106,239
26h,141
1,982,517
2,500
829,549

48t<,413

$8,851,817
I,(i62.400

1,1HH,644

28,'Ot.

$9,117,193
1,665,318
700.000

53,90

(;4,()45

4,7 26.452

3,405,144

$15,865,563

$14,951,700

$4,967,015
$1,000,000

35,929
4,114,799

$1,000,000
875,o00
4«,726
3,526,574

$6,050,728

$5,450,300

$4,967,015

1,820.445
93,714

Total

$15,885,563

$2,000,000
3,731,601
..

Jan. 19, '04.
$8,4)0,574
1,562 •<74
700,00(
42.1-37

2.042,52

33,330
3,0f!8,685

$3,349,791

$3,087,138

$2,931,718

$500,000
200,000

14,41

$500,000
175.000
30,?43

$495,267
175,000
23,550

2,634,850

2,381,895

2,237,901

$3,349.'-91

$3,087,138

$2,931,718

99,<'72

Total

Liabilities—
Capital stock paid In
Surplus
Undivided profits
General deposits
Total

Dec.31,'03.
$572,952
35,626
1,810,039
93,714

442,893
25,372

Note.- Company paid 6% on its stock

in both

71=^,275

320,718
23,394

1904 and 1903.

Mercantile Trust Company (St. Louis).
ResourcesJan. 11, '05.* Mar. 28. '04. Dec.
L"ans
$14,13^,292
Bonds and stocks
4,771,939
..
...
Cash items in course of col'n.
7,P44.97l
Cash in vaults & depositories
712,957
Other assets
,

-

$12,788 408

$2,000,000
3,707. "i.^.
1.339

69.575

2,347
9.214,752

7,009,i^41

$14,951,700

$12,788,403

In Jatiuary of this year the Common wealth TruHt Co absorbed the
Gerinaula Trust To., and the Hgures under Jan. 19, 1904, are of the
cousolidiited luHtitutlon; the Colonial Tru.st Co. was absorbed In May,
1903, and the Hamilton Trust Co. in December, 19o3.
'

87.'s.000

1,78^,850
93,715
^1,664
395,666
24,962

Total

$27,168,159

$13,304,720
3,388.4,^3
4,664..s'85

725,09

31,'03.

$14,476,721
2,224.432
S'. 9,865
3,906,761
721,660

$22,082,829

$21,609,439

$3,000,000
6,860,105
60,000

$3,000,000
6,789,447

62.297

40,000
11,779,992

LlAniLITIES—
Oapitrtl stock
$3,000,000
Surplus atid undivided profits 6,753,212
RftMerved for taxes
Reserved for interest and contingent fund
96, ,501
Deposits
17,318,440
.

Liabilities —
$2,000,000
Capital stock ....
Surplus and undivided profits. 3,85l,7:n
370
Dividei ds
55.000
Other liabilities
9,978,462
Deposits

Junb^0,'04. Dec.31,'03'
$309,925
$233,806

Louis Companies.

(St. Louis).

Nov. 30, '04. Mab.

2&3%

2,2>«&3%

Dec. 31, '04. June30,*04.
$573,991
$^62,269
294,304
165,012

Real estate mortgages
Stocks and bonds.
$1,247,266 Loans on collateral
Real estate

1,87P,819
2,500

50.000
1,542,8)6

West Phila. Title & Trust Co. (Phila.).
Resources—

1,92.5

$52,768
531,842
1,977,126
77,500
1,245,543

1903.

$5,450,300

Cashonhand
Cash on deposit
Trust Co of North America (Philadelphia).
Other assets
Kov.21,'04. May31.'04. Nov.17,'03.
Resources-

Oashonhd,nd
Due from banks, etc
Loans up(m cUateral
Loans upon bonds and mtges.

1,169,588
946,425

2,446,117
1,337.984
96,094
819.726
33,288

900 000

.

$1,998,621
$1,709,460
Formerly Tradesmen's Trust & Savings Fund.
Total

4.^0,000

137,954

2,311.011
1,819,264
103,525
861.483
*45,092

$1,000,000

TotaL
"Accrued interest.

105,00'i

34,614
888,207

2.59.941

West End Trust Company (Philadelphia).

201,642 Capital stock
435,(69 Surplus
174,417 Undivided profits
7,979 Deposits

363.239
3iu,932
157,337
141,168

4.833

$1,761,201
225,980
1,260,449
439,035
173,638
90,045

Cash on hand & due from banks
$207,446
$799,686
$692,465
Total
$678,322 Loans upo a coUater'l and upon
* Formerly Tacony Sav. Fund, Safe Dep., Title & Tr. Co.
bonds and mortgages
2,395.221
Invpt-tments, stocks and bonds
2,431,494
Mortgages
Tradesmen's Trust Co.* (Philadelithia).
104,395
861.463
Dec. 31, '04. June30,'04. Nov.17,'03. R.al estate, furnlt're&flxfre.
Resources—
Other assets
*50,709
Caeh on band and due from
•
$174,500
$232,746
$118,742
banks, etc
Total
$6,050,728
215,093
166.756
158.913
Comm'l and other paper own'd
Liabilities578,106
312,960
150,499
Call loans upon collateral
Stocks, bonds, etc
Mortgajies

June30,'04. Nov.17,'03.
$53,766
$48,399
160,784
52.695
93'<,943
923,374
683,717
615,043
141,120
131,861
308.077
308,077
361,129
374,259
19,782
40,414

United Security Life Insurance & Trust (Phila.).
Resources—
Dec. 31,'04. June 30, '04. Dec.31,'03.

Oaxh on hand and deposit
$9,150,858 Other assets

Resources—

Real estate

Co. (Philadelphia).

296,966
944.017
812,925

Total

TjT A R ILITI ES-^"

$1,.500,000

$3,569*958

$91452

Capital stock

4,7-!0.058

$1,500,000
1,474,985

$3,691,023

Dec. 31, '04.

Total
Liabilities—

1,728,721
1,762,251

Capital stock

$4,270,220

Mortgages
Real est., furniture Aflxturee.
Other real estate
Other assets

6,167,822
1,726,070
1,180,992

Cash
Bookacoounts

$1,000,000
213,268
2,356,690

Stocks, bonds, etc

$21,250
476,829
4,803,277

$21,250
766,663

$1,000,000
229,202
2,461,821

Cash on hand
Due from banks, et«
i>50.000 Loans upon collateral

Surplus and reserve
Real Estate Trust Co. of Philadelphia (Phila.)
Undivided profits
31,
'03.
Dec. 31,'04. June 30, '04. Dec.
Resources—
Deposits

Mort' >re 8 on improv'd property
Stocks and bonds
Loans on coUateral
Real estate

$1,000,000
254.687
3,015,533

Total

12,100,4 i7

$22,082,829 $21,609,439
in both 1904 and 1903.
on cheek accounts and 3% on time

$27,168.1.^9

Nora.—OompK.iy paid 16% on

its stooli

In ui ni In .ii.wvved at ttio rate of 2%
ceriltlcates and savings accounts
" fn
M<ty, 1904, the Mercantile Trust Co. absorbel the American
Central Trust Co., and the figures for Jaa. 11, 1906, are of the consolidated institution.

Feb.

THE CHRONICLE.

4, 1905.]

5T7

Wiss nri-Lincoln Trust Co. (St. Louis).— (Conclnded.)
Dec. 31, '04. Mar. 28. '04. Sept 9. '03.

MtssiaBippi Valley Trast Company (St. Lonis).
Dec. 31, '04. Jcne 30, '04. Dec. 31, '03.
BKBonKCES$50S,621
$3 42,371
$32S937
Real estate mortgages
10 077.572
7,936,949
7,757.863
Stocks ana bODdl
7,374.281
8,280.181
8,776,133
Loans n coUa-eral
1,350,625
1,287,080
Loans on personal eecurlties.. 1, 04,012
5S4 460
495.857
510.801
Real ^8 ate

Liabilities—

Capital stock
Surplus and undivided profits.
Debentures and mtge. bonds. .
Deposits

£«

2§
«fl
^®

O -her liabilities

1

Ci-honhand

2,351,632

1,457.5-^5

1,933,696

Cash on deposit
Other assets

4,3.35,975

3.90-i,784

109,916

2,647,575
* 104,553

$25,373,759

$22,614,176

$25,728,922

$3,000,000
3,500,000
1,881.508
6,132.1-4
10,805.346
54,731

$3,000,000
3,500.000
1,782.086

$3,000,000

Total

Undlviled

profits.

Deposits (time)
'fits (demand)
Other liabUlties

Dep

3,5'>0,000

1,745,099
6,647,633
9,571,9
1,264,290

8,249,580
120,960

Loans

$7,351,555
3,656,241
79!,377
34,000
2,056,604

„

Bonds, stocks, etc.
Real estate

-h

.

S®
ag
S^
o®
^f»

Safe deposit vaults

Cash on hand and in banks....
Other a:set8
Total

Real estate mortgages

Safe deposit vaults

Der. 31,'04

9, '03.

Capital stock

Surplus fund

360,t)o0

$14,250,407

$15,476,701

Brooklyn

8,141,600
1,258,876
20.252
2,283,238
77,780

4,249,017
1,347,411
757,458
1,234.814
56,125

$20,241,788

$16,944,450

$11,647,954

$1,000,000
.scki.oOO
Surplus fund
203,598
tJmdlvided profits (book value)
do (market value)
(467.147)
do
Deposits in trust
20,343
General dep'ts, pav. on dem'd. 13,293,296

$1,000,000
500,000
126,220

$1,000,000
500,000
57,064

Due trust companies
Due savings banks
Due banks and bankers
Other

2,4'>5,833

513,^50
2,174,081
40,687

liabilities

(206,878)

ll,3'e,4l3
2,392,665
168,947
1,351,808
18.398

$33,956,120

$28,081,247

$20,241,788

$16,944,450

8,190,920
1,073 719
86.334
734.5S4
5,333

$11,647,954

Supplementary—
Tot.am'tof protits during year.

$719,280
*$334.568
$234,902
*210,228
Int. credited dep's same per'd..
415,064
81,803
Exp. of institution, same per'd.
131,997
*58,266
69,673
Amt of div. decl'd, same per'd.
SO.O^O
Amt.of dep.onwhlchint;i8 all'd 18,100,530
14,968,779
10,040,897
Rate of interest
2 to 3^ p. c. li^ to3i2p.c. 2to3S» p. 0,

Bowling

(]}reen

Liabilities—
Capital stock

Dec. 31, '04.

Surplus fund

Undivided profits (book value)
do
do (market value)
General deposits pay. on dem.
Due trust companies
Due savings banks
Due banks and bankers
Other liabilities

Total

—

$24,932,C62

$18,244,468

$16,476,486

$2,500,000
2,500,000

$2,500,000
2,500,000

5.5.'<10

$2,500,000
2,500,000
301,970

(393,732)

(126,334)

62,221
8,40vi094
3,044.392

l«ti,l«3
4,175, 70

Capital stock
Surplus fund

Undivided profits (book value)
do
do (market value)
Deposits in trust

General deposits, pay. on dem.

Dae trust companies
Due savini^s banks
Due banks and bankers

1,S804SI

2,430,808
1,0^7,990

8,000

$25,793,71

Total

—

June 30,

'04.

Dee. 31, '03.

$700,000
350,000

$700,000
350,000

85.0 ^5
(85,035)

$700,000
350,000
69,142

(26,526)

80,137

4,040,504
122,875
49,316
102,704
15,996

2,607,370
63,999

2,736,69C

40,296
90,860
39,199

15,000
28,790
25,133

$5,466,430

$3,971,861

$3,924,756

$152,086
52,827
49.167
21,000
4,315,104

*$67,749
•24,241
*24,466

$142,952
48,148
45,039

Supplementary

Total amt. profits during year.
Int. credited depos. same per'd
Exp of institution, same period

Amt. of divs. dec), same per'd.
Amt.of dep.on which lnt.ls all'd

2 to 3i« p.c.

Rate of interest

2,801,130
2 to 3 >t p. 0.

2i»0,811
)

(

1 ',907

5,988.264
1,247,965
7.57,310

2,780,429

2 to 4

p. 0.

Brooklyn Trust Company (Brooklyn).
Resources—

Dec. 31, '04.
$486,0'i0
Stock investm'ts (book value).. 8,311,018
do
do
(marSet value) (8,342,787)
Amount loaned on collaterals. 6,186,050

June

30, '04.

Dee. 31. '03.

$59^000

$508,500

7,257,016

6,507,840

(7,238,072)

(6,473,839)

2,617.742
68,908

5,382,804
681,263
140,113
1,525,992
2,473,298
84,649

6,107,824
830,474
135,278
720,013
1,805,556
107,281

$18,913,577

$18,140,125

$16,722,865

$1,000,000
Undivided profits (book value) 1,935,262
do
do (market value) (2,044,576)
7^1, f 90
Deposits in trust
General deposits pay. on dem. 14,114.167
Due trust companies
56,235
Due banks
953,201
Other liabilities
103,122

$1,000,000

$1,0 00,000
1,885,077

Am't loaned on

pers'l securit's.

708,813

Real estate (estimated value) . .

1199,803
43=^,240

Cashonhand.
(lashon deposit

Other assets
Total
LiabilUies—
Capital stock

Trust Company (New York).

Resources—
i)«c. 31,'04. .7uMe30, '04.
Dec. 31, '03.
Bonds and mortgages
$-?7,000
$35,000
$ ..
Stock Investm'is (book value).. 6,499,3'(6
5,y81..^48
5,882.623
do
(market value) (6,537,808)
do
(5,79',825)
(5.79«,91^)
Amount loaned on collaterals. 12,8»4,255
6,558.515,069,547
Amount loaned on per'l secur..
lft9,27'
7l«,409
445,081
Cashonhand
274,993
249.2 1
242,541
Cash on deposit
5,7iJ4.3-'0
3,568,646
2,343,3 *
Otherassots
888,373
1,283.419
746,361
Liattilities

$5,000,000
5,000,000
114,181
125,000
15,546,531

Trust Companies.

Bonds and mortgages

Total

13,361,177
5,626,306
629,648
1,153,599
3,843,723
63,209
55,000

Broadway Trast Company (New York).— (Concluded.)
(4,0 "7 037)

Total

31, '03.

$1,171,050

$28,081,247 $25,793,712

9,000

150 000
23,275,641

Total

(5.243,363)

Liabilities—
Capital stock

555,711
641,667
5,747,366
27,312
69,832

$5,000,000
5,000 000
286.708
150,000
63,000
17,573,539
8,000

Res' ve for interest

5,162.704

1

$5,000,000
5,000,000
521,479

Undivided profits
Dividends unpaid
General deposits
Reserve for taxes ..^

796,76.'S

Dec. 31, '03.
4.00.^,129

5,564,334
Stock la vestm'ts (book value).
do (markPt value) (5.827,8«3)
do
Amount loaned on collaterals. 10, 24^ ,520
779 10
Amt. loaned on pers'l seourlt's
...
387,910
Cash on hand
3,142,300
Cash on deposit
121,614
Other assets

$33,956,120

$8,931,424
34,0(0
1,699,184
256,790

.;Mne30''"4.

5,0.53,740

100,000

,.

Total

$972,735
15,012,834

Liabilities-

Bankeri Trust Comptny (New York).
Resources—

$866,360

Loans on coUat. & pers'l seo'B. 16,3.50,985
4,667.527
Stocks and bonds
543,822
Real estate and office building.
656,420
Cash on hand
10,771,006
Cash on deposit
Other assets

4,259, f.38

New York and

$15,976,701

St. Lonis Union Trust Company (St. Lonis).
Dec. 31, '04. Jone 30, '04. Dec.
Resources—

$25,373,759 $22,614,176 $25,728,922
Total
1903.
19'j4.
Statistics for Oalendab Yeab—
616.410
750,696
Total net profits for year
460.815
347,327
Intert^st credited depositors during year..
278,492
287.014
Expenses of instl'uti'n sa ae period
480,000
480,000
Amoun' dividends on company'- s'ock ..
Interest paid on all depofits
Amount deposits receiving interest
Rate of Interest iiaii on deposits... 2% oli demand aud 3% ontimedt-p.

Mis^oari Lincoln Trust Company (St. Louis.)
Dec. 31, '04. Mar. 28, '04. Sept.
Resources—

$14,250,407

Co. was fonred In 1904 by the
consolidation of the Missouri Trust Co. and the Lincoln Trust Co.
We have been unable to obtain a report of the condition of the new
institution, but from an advertisement of the company we see that on
December 31, 1904, the deposits amounted to $10,83 1,031; the capital
1- $3,000,000 and the surp us $1,000,000
The figures for March 28,
1904, and September 9, 1903, given above were arrived at by combining the reports of the old Missouri and Lincoln trust companies.

Note.—The Missouri-Lincoln Trust

84,428

5,961.5fi0

$4,000,000
2,212,627
1,153,888
8,113,733
496,453

'^'^

Total

Liabilities—
Capital stock
Surplus funi

$4,000 000
2,260,274
1,536,240
6,404,245
49,643

,

Total
Supplementary

—

of divs.decl'd,

same

801.108
11,707,344
142,451

9''3,131

112,961

1,027,513
99,372

$18,913,577 $18,140,125

$16,722,865

*$325,58l
*166,300
*56,079
^80,000
13,765,066
2 to 4 p. o

t$322,186
312,234
106,594
160,000
13,261,443
2 to 4 p. 0.

per'd

$715,439
350,0^5
111,9)4
160,000

Amt.of dep.on whichlnt is all'd 1 5,457,639
Rate of interest
2 to 3ifl p. c.
U Book value, t For six months only.

Central Realty Bon<l
Resources

—

&

Trust Co.

Dee. 31, '04.

Bonds and mortgages

(1,903,621)

585,853
12,964.212
615 237

Tot.am't of profits during year.
Int.credited depos's same per'd
Exp.of institution, sameper'd.

Am't

l.'<98.74l
(1,939,370)

(Now York).

Jutic 30, '04.
$3,562,9=^0

Dee. 31. '03

$4.3^3,130
$5,032,404
Stock inv'stm'ts (book value).. 1,922,531
2,207,943
3,085,464
Other liabilities
618,015
do
do
(market value) (2,121,209)
(2,236,248)
(3,153.069)
Amount loaned on collaterals. 4,>- 64.077
4,146,243
7,007,771
Total
$24,932,062 $18,244,468 $16,476,486 Real estate
582.651
2,604,031
48,784
Supplementary
Cash on hand
42 263
49,990
52,350
Tot. am't prottis during year..
$R78,751
'$288,958
601,078 Cash on deposit
2,511,214
l,9b«,505
1,165,422
Int.crediied deo's, sameper'd.
«^6
*143, 22
841,
253,332 Other assets
M8.093
176.543
66.124
Exp. of Instltut'n, same per'd.
10^, '45
*61 1-3
17 ,840
Total
$l&,856;66r
$13,149,084
$16,568,738
Am't of <llv. rteoi'd -Miue per'd.
*75,0'iO
1^0,000
150,000
Liabilities
Am't of dep.on which int.is all'd 16,949,^63
11,294,992
10,428,706 Capital stock
$2,000,000
$1,000,000
$1,000,000
Average rate of interest.
ItoS^aP-o- 1 to 3^2 p. c. 1 to Sis p. 0. Surplus fund
6,500,000
2,500,000
2, 5( 0,000
Undivided profits (book value) 2.503,272
1,850,160
1,953,054
do
)
do (market value) (2,7 'e-OSO)
(1,981,359)
(
Broadway Trust Company (New York).
136,015
Dep«»8its In trust
53.141
2^7,490
6,579.908
Oen'l deposits payable on dem. 9,241,781
Resources—
6,822,137
Dee. 31. '04. June 30. '04. Dec. 31 '03
48.028
91.115
Bonds and mortgages
$1.'^5,'250 Due trust companies
1 ,160
$4)0,250
$289,250
331,732
635,2'*1
Stock investm'ts (book value)
505,f>07
280,:^72
8«1.724
1.049.733 Due banks and bankers
122.905
94.356
do
.s7.5-^6
do (markf't value).
(505.607)
(808,112)
(1,049,733) Other Uablli ties
Amount loaned on collaterals. 2,«sl7,475
1,244,183
1,318,627
Total
$15,«56,ooi $13,l4y,084 $16,56i,738
Amt.loared on pers'l securities
822,840
80»,08i
674, K4 9
Supplementary
Real estate (estimated value)..
843,012
5.000
5,000
5.000 Total am't prottis during year. $1,136,331
$343,880
Cashonhand
•M8,622
92,840
262,811
77,788
72,720 Int. credited depos. same per'd
195,063
Cash on deposit
6^^5,390
*45,S54
841,568
91,689
609,777 Exp. of institution, same per'd
9 \64t
Other assets
170 850
•60,000
320,000
79,444
39,099 Amt. of dlvs. decl'd same per'd
120,000
7,0'J4,823
7,483,336
Amt. depos. on wh. Int. is all'd. 9,44 -i. 89 3
Total
$5,466,430
$3,971,861
$3,924,755 Rate of interest
2 to3>a p. 0. lto3>ap. 0. 8 to 8^9 P.O.
* For the six months only, Jan. 1 to Jane
30.
For the six months only, Jan. 1 to June 30.
5.153 8.'^5
1,^25,709

4,496,7,^2

3,081,331
97,898

—

—

,

.

—

TliK CHRONlOLil

578
Central Trn»t Company
Resources—
Bonds and mortgages

(New York).

Empire Trust Company (New York).

.;nwe30,'O4. Dec. 31, '03.
S!33i,9P9
$145,5S5
$320,551
Btookinvest's (book value) .... 16.131.813
19,644.840
19.221.310
do (market value) (169r>4,55r>) (20285,906) (20092.360)
do
Amount loaned on collaterals. 38,453,842 22,306,545 22,012,519

Am'tloanedon
Real

pers'lseourlt's.
estate (estimated value)..

Cashonhand
Cash on deposit
Other assets
Total
Liabilities

31.'04.

De^;.

229.670
1,039.853
28,24?
4.790,135
223,892

258,503
979,210
37,338
13,126,078
190,127

2h6,337
979,895
24,612
4,205,103
258,689

Amouutloaned on

$1,000,000
12.768.543
(13409,609)
5,471,646

387,770
283,341
4,255,615
242,485

$1,000,000
12.401,868
(13332919)
3,585,?20
28,555,236
536,537
271,221
78^,654
146,280

$61,043,337
Total
SuppleTnentary
Total am tprolits during year. *$2,949,222
1,010,651
Int. credited dep's same per-d.
242,314
Exp. of institut'n. sameper'd.
800,000
Am'tofdivs.decl'd.sameper'd.
Amt.ofdep.onwhiohlnt.iBaU'd 42,459,683
1 to 3 p. c.
Rate of interest

$56,874,640

$47,339,016

•$1,261,604
'437,479
*120,903
*500,000
39,933,189

$2,821,697
998,867
253,346
800,000
28,883,563
1 to 3 p. o.

—

City Trust

32,46.=i,240

1 to 3 p.

o.

Company (New York).

Resources—

I>ec.

31, '04.

Dec. 31, '03.

$2^5,810
2,846,550

$424,848
2,187,156

(2,777,355)

(2,097,930)

7,500,802
518,388
123,147
4,652.382
77,244

9,352,016
265,722
565,555
2,18o,724
286,331

Bonds and mortgages

$501,798
Stock Investtn's (book value).. 2.598,504
do (market value) (2,562,812)
do
Amount loaned on coUaterals. 12,764,792
498,846
Am't loaned on pers'l seourit's.
111,353
Cashonhand
2,575,640
Cashon deposit
62,567
Otherassets
$19,103,500

—

$15,994,323 $15,262,352

$1,000,000
1,000,000
826.796
Undivided profits (book value)
do (market value)
(801.103)
do
662,524
Deposits in trust
Geu'l deposits pay'ble on dem. 14,667,461
47,543
Due trust companies
44,966
Due savings banks
17,331
Due banfcs and bankers
836,879
Other liabiUlies

$1,000,000
1,000,000
775,686

$19,103,500

Capitalstock
Surplus fund

Total

—

1,584,302

1,109.185

1,009,279

371,825
90,633
26,543

343,550
90,633
17,892

221,506

1,313,897
228,841

1,117.13'

Cashonhand
Cash on deposit
Otherassets
Total

..:.

$4,732,098

—

Capitalstock
$500,000
Surplus fund (book value)
1,000,000
do
do (market value) (1,059.974)
Undivided profits
29,074
Deposits In trust
General deposits
2,848,515
Due trust companies
27,^33
320.306
Dae banks and bankers
Other Uabllities
7,500
Total

f70e,491)

769,79.s
(680.596)

5i4,5i7
12,354,312
146,821
27,416
118,640
61,911

1,022,993
10,458,161
104,0^5
48.478
118,783
740,087

$15,994,323

$15,262,352

$636,740
373,523

*$281,S25
*176,955

26,3.59

99,857
80,000
Amt. of dlvs.deol'd same
Amt.ofdep.onwMohlut.isall'd 15,371,061
2to3iflp.o.
Rate of interest
per'd.
per'd.

*47,979
*40,000
11,291,192

2 to

3^

Company (New

Colonial Trust

p. c.

$635,476
352,095
26,907
103,190
80,000
11,026,053

2to4p.

c.

York).

Dec. 31, '04. J«w.£30,'04. Dec. 31. '03.
Betourees—
$95,000
$81,760
$96,500
Bonds and mortgages
2.381,447
2,433,862
Stock investm'ts (book value). 2,003,287
(2.433,862)
(2,381,447)
(market value) (2,003.287)
do
do
Amount loaned on coUaterals. 18,552,961 14,678,014 11,903,519
1,072,766
1,474,319
Am't loaned on pers'l Beoui-lt'B 1,385.702
988.182
3,147,868
1,153,772
Cashonhand
2,720,999
5,428.925
4,219,393
Cash on deposit
199,713
112,073
140,772
Otherassets

$500,000
500,000

$5(10.000

1,000,000
(1,023, »71)

)

(

4.143
14.435

14,293
34,651
2,419,680
61,660
255,526
17,241

971,615
46,490
148,688
148,616

$4,732,098

$4,378,051

$2,333,987

$167,462
55,059
81,646

*$80,389
*24,786
*46,899
1,167,508

$100,019
35.258
38.363
1,113,669

Av.2%p.o.

l»ato4p.c.

Int credited dopos. same per'd
Expen. Institution same period
Amt. dep on wh. int. is allowed

Av

Rate of interest

$2,333,987

$4,378,051

.,

Supplementary —
Total amt. profits during year.

10,799
428,457
102,093

328,753

1,540,030
2*60p.o.

Equitable Trust Company (New York).
Dec. 31, '04

Bonds and mortgages

JuneSO,

'04.

Dec.

.^1.

'03.

$2,734,500
Stock investm'ts (book value)
11.323.700
do
do (market value) (11323,700)
Amount loaned on collaterals. 34,543,315
Amt.loaned on pers'l securities
33,700
Cashonhand
194.431
Cash on deposit
5,092,023
304,157
Otherassets

$2,330,000
11,060,487
(11162,530)
29,593,9^8
34,^22
166.970
4,743,117
350,421

$54,225,826

$48,279,745

$34,650,430

Capitalstock
$3,000,000
Surplus fund
9,000,000
639,130
Undivided profits (book value)
do
do (maiket value)
(639,130)
23,230,900
Deposits In trust
Gen'ldep'its, pay'leondem'nd
7,443.652
Due trust companies
5,158,352
Due savings banks
2,713,9«4
Due banks and bankers
2,780,337
259,471
Other UabUltles

$3,000,000
9,000,000
298,843

$3,000,000
8,500,000
537,763

13,513,965
13,739.162
4,493.787
1,393.680
2,521,910
318,363

11,006,292
8,337,934
1,982,910
82,614
893,077
309,840

$54,225,826

$43,279,745

$31,650,430

during year. $2,048,982
same per'd.
875,067
149,907
Exp. of institution, sameper'd.
300,000
Amt.ofdlvs.deol'd, sameper'd
Amt.oldep.oiiwh'hlnt.lsall'd. 38,218,199
liflto4p. o.
Bate of interest

•$939,190
*3i8,507

$1,538,306
543,314
137,185
270,000
21.779,798

.

Total
Liabilities

—

Total
Supplemetilary
Tot.

amt ot

—

(400,886)

profits

Int. credited dep'rs

Supplevietitant
Total am't profits during year
Int. credited dep's same per'd.

Taxes
Exp. of instltutlon.same

$1,000,000
1,000,000

$20,266
541.585
(.311,585)

collaterals.

Resoxirces—

J^Mne30,'04.

Dec. 31. '03

Amt. loaned on pers'l securities
Real estate (osli mated value).

Liabilities

Capitalstock
$1,000,000
13,229,434
Surplus fund (book value)
do
do (market value) (14052.176)
4,<»75,984
Deposits in trust
General dep'ts, pay. on dem'd. 40,718,086
357.312
Due trust companies
155,00i
Due savings banks
1,368,181
Due banks and bankers
139,336
Other liabiUties

Total.
Liabthttes

Resources—
Dec. 31, '04. 7«)ie30,'04
Bonds and mortgages
$250,000
$301,000
86t,047
Stock investm'ts (book value)..
994,901
do
(market value)
do
(896,948)
(1.004,479)

$61,043,337 $56,874,640 $47,339,016

—

Vol. lslxx.

*79,413
"150,000
33,152.165

l»ato4p.

o.

$2,437,500
1,532,246
(1,584.537)

26,637,477
3.5,051

129,180
3,456.111
372,865

..)

(

liato4p.

o.

&

Trust Co. (New York),
Dec 31. '01 June 30, '04. Dee. 31, '03.
.$1,052, -200
Bonds and mortgages
$1,628,500
$1,494,500
19.414,6,59
16,033,883
Stock investm'ts (book value).. 21,058,972
do (market value) (21668,190) (19642,977) (16114,899)
do
Amount loaned on collaterals 47,784,440 24,b38,423 28,554,092
Other loans on pers'l secur't's. 4,478.400
1,895,500
1,536,750
1,455,668
1,455,878
Real estate (estimated value).. 1,455,546
3,002,304
3.^05.581
2,809,220
Cashouhand
11,227.520
19,371,365
5,906,440
Cash on deposit
527,286
603,575
441,870
Other assets

Farmers' Loan

Kesoarces—

.

$91,077,662

$71,802,932

$57,952,038

$1,000,000
Capitalstock
Undivided profits (book value) '^,727.239
do (market value) (7,336,456)
do
76,51b,030
Deposits In trust
3,807,100
Due trust companies
2,196,453
Due savings banks
1,355,710
Due banks and Dankers
472,080
Other liabilities

$1,000,000
6,907,667

$1,000,000
7,015,404

Total

;

Liabilities—

$28,747,169

$23,846,616

$19,677,039

$1,000,000
500,000
Undivided profits (book value) 1,128,903
do (market value) (1,128,903)
do
248,878
Deposits in trust
General deposits pay. on dem. 20,937,380
2,259,425
Dae trust wimpanies
1,390,443
Due savings banks
1,227,422
Dae banks and bankers
48,718
Other liabilities

$1,000,000
500,000
976,331

$1,000,000
500,000
968,871

Total
Liabilities

—

Capitalstock
Surplus fund

Total

Supplementary—

$23,747,169

Tot. am'tofproflts during year
Int. credited dep's, same per'd
Exp. of institut'n, same per'd.
Amt.otdlvs.decl'd same per'd.

$933,083
576,244
164,800

100.0 00
Am'tofdep.onwhichint.i8aU'd 23.661,291
2 to 4 p. c.
Bate of Interest

(976,331)

123,395
16,596,222
2,107,182
1,289,225
1,093,006
161,255

(

)

140,744
13,749.492
1,428,390
830,847
934,390
124,305

$23,846,616 $19,677,039

'$371,275

$874,577

''223,667

,504,421

"77,647
*50,000
18,745,738
2 to 4 p. o.

161,078
100,000
15,448,634
2to4iflp. c.

Commonwealth Trust Company (New York).
Dec. 31,' 04. June 30, '04.
Regouree.1—
$663,1.''4
$665,653
Stock investm'ts (book value) .
(071,383)
(market value)
do
(871.495)
do
41,431
29,500
Amount loaned on coUaterals.
15,443
7,600
Amt. loaned on pers'l secur't's
4,598
4.746
Cashonhand
333,513
419,950
Cash on deposit
1,944
Other a.s8ets

Dec. 31, '03.

$1,124,950

$1,062,582

$828,151

$500,000
16,849

$500,000

$500,000
14,406

Total

$638,904
(644.638)

49.231
20,000
21,108
96,929
1,979

Liabilities.

Capital stock

Undivided profits (book value).
oo (market value)
do
Deposits In

18,749

)

(24.484)

60 7.G32
419

14,390
528,338
1,105

311,478
235

$1,124,950

$1,062,582

$828,151

$116,059

*81,109
"1,417
'63,030
143,678
2 to 3 p. c.

$351,020
105,870
141,825
178,835
2 to 3 p. c.

(

triiBt

General dep. pay. on demand.
Other liabilities
Total

(

)

2,031

Int. creillted dep's same per'd.
Exp. of inHtitut'n same per'd..
Aitit.ofdep.on which int.l8all'd

Rate of Interest
*

2,071

106,364
470,074
2 to 3 p. o.

For the six months only, Jan. 1

to

June 80.

(

)

610,750
398,799

45,615,920
1,530,106
2,369,635
167,980
252,993

$91,077,662

$71,802,982

$57,952,038

Tot.aui't of profits during year. $2,435,282
1,573.165
Int. credited dep's, same per'd.
207,979
Exp. of institution, same per'd.
400,000
Amt. of divs.decl'd.same per'd.
Arat.ol'dop.,ouwhichint.l8all'd 77,236,300
1 to 3^2 p. c.
Bate of interest

"$1,222,536
"721,782
"103,721
"200,000
60,110,867

$2,540,582
1,415,395
203,964
400,000
44,441,848

Total
Supplement an/

—

Filth Arenue Trust

57,008,956
3,32i',l45

2,496,665

1 to 3i« p.

o,

lto3i2p.

c.

Company (New York).

Dee. 31. '04.

J"wnc 30,'04.

$510,500

$510,500

$510,500

Stock Investm'ts (book value). 6,626,663
do (maiket value) (6,703,100)
do
Amount loaned on collaterals. 9,586,347
781,442
Amt.loaued on pers'l seourit's.
151,032
Oashonliaud
2,633,765
Cash on deposit
160,021
Otherassets

6.341.914

3,741.046

(6,389,591)

(3,747,935)

7,478,780
802,535
53,922

8,287,6.'>6
619,87.=.

Resources—

Bonds and mortgages

Total

Dec. 31. '03.

167,767

105,153
1,532,270
159,917

$20,349,820 $17,583,941

$14,956,417

$1,000,000
1,000,000
348.285

$1,000,000
1,000,000
300,702

2,228, 5i;3

iia6iii< teg-

$1,000,000
Capital stock
1,000,000
Surplus fund
472,955
Undivided profits (book value)
do (maiket value)
do
(549,393)
18,753
Deposits in trust
Gen'l deposits pay'ble on dem. 17,609,048
236,884
Due savings banks
12,180
Other UabUltles

'395,962)

28,831
15,045,893
137,630

(

)

i;3,302

23,165
12,488,515
132,035
12,000

$20,349,820

$17,683,941

$14,966,417

$771,883

376,220
same per'd
79,931
Kxp. of Institution, same jier'd
120,000
Amt. of dlvs.ldecl'd same per'd.
Am'tof dep. on wh. Int. iBaU'd. 17,538,364

"$330,819
"173,504
"38,431
"60,000
14.841,655

$558,097
322,399
77,557
120,000
12,356,714

2to3"ijp.o.

2to3>4p.o.

2to3>flp.o.

Total

Hupplernenturu.

Total am't profits during year.

(7,195,984)

Supplementary Tot.amt.of profits during year.
Int. credited doi-'rs,

Bate of Interest
*

For the bIk months only, Jan. 1

to

June

30.

.

Feb.

THE CHRONICLE

4, 1905.]

579

Flatbasb Trust Company (Brooklyn).

Hamilton Trust Company (Brooklyn).

Dee. 31. '04. JMJie30,'04. Dec. 31, '03
Resourcet—
*29'5,800
$326,380
$305,300
Bonds and mortgagee
2.=i7,l()6
253,465
164.531
Stock inv'stm'ts (book value)..
(262,695)
(273,668)
(169,911)
do (market value)
do
oollateralB.
1,0'«9,405
884,800
868,918
Amount loaned on
102,653
188,835
91,506
Amt.loaned on pers'l securities
6.'=i,374
28,342
36.207
Real estate (estimated value)
182,928
197,^66
84,008
Cashonliand
15'<,298
187,225
355,077
Cash on deposit
15,939
18,060
17,272
Otherassets

JUtouree*—
Dec. 3 1 '04. June 30, '04. Dec. 31 '03
Bonds and mortgages
$529,175
$503,975
$550,275
Stock Investm'ts (book value). 1,687.485
1,697.924
1,390,321
do
(market
value).
do
(1,811,529)
(1,726 048)
(1,391,895)
Amount loaned on collaterals. 4,238,698
3,566,906
4,106,286
Am't loaned on pers'l securlt's.
442,886
393,007
410,824
estate
(estimated
value)
Real
34,207
34,420
35,413
Casbonhand
729,696
647,806
283,965
Cash on deposit
911,574
1,026.385
746,584
Otherassets
79,322
77,504
81,749

$2,330,051

Total

Liabililies —

$200,000
100,000
50.038

$200,000
100,000
45,000

(71,863)

(59,268)

(50.380)

33,831
1,806.113
125,000
9,807

3,566
1,657,575
100,000
10,825

7,683
1,264,825
100,000
8,532

$2,330,051

$2,122,004

$1,726,040

$82,447
33.651
24,061
12,000

*$40,C06
*15,368
*11,799
*6,000
1,761,141

$77,311
27,508
20,775
12.000
1,372,000

Surplus fund
Undivided proflte (book value)
do (market value)
do
Deposits In trust
Gen'l deposits payable on dem.
Due savings banks
liabilities

Total

Supplementary —
Tot.amt.of protltsiduringyear.
Int. credited depoB same per'd

Exp.of

institution

same

per'd.

Amt.ofdlv8.deol'd,8ameper'd
Amt. of dep. on wli. Int. is aU'd.
Bate of interest

1,964,944
2 to 3 p. c.

2to3p, o.
Franklin Trust Company (Brooklyn).

Resources—

o.

Jiine 30, '04.

Dee. 31, '03.

$570,900

$600,600

$611,900

Stock Investm'ts (book value).. 5,015,198
do
do (market value) (5,180,203)
Amount loaned on collaterals. 2,553,097
Am'tloanedonpers'l securities 2,270,074
Real estate (estimated value)
450,000
Cashonhand
22<,472
2,05S.834
Cash on deposit
Otherassets
53,682

5,243,300

4,931,476

(5,214,707)

(4.940.923)

1,770,301
1,496,045

1,703,363
1,117.285

450,000
195,214
2,388,324
72,607

450,000
396,342
1,415,176
67,053

$13,225,257

$12,216,391

$10,692,595

$1,000,000
1.591,010

$1,000,000
1.565.391

$1,000,000
1,552,973

. .

Total

2 to 4 p.

Dec. 31, '04.

Bonds and mortgages

Liabilities—

Capital stock
Surplus fund (book value)

do

do

(market value)

)

(

Deposits in trust
General deposits, pay. on dem.

(1,536,799)

$13,225,257 $12,216,391

$10,692,595

*$243.212
'93.610

$489,562
193,485
90,4«2
120,000
7,879,680
2 to 4 p. c.

Other liabilities

141,554

Supplemeniarp —

Tot.am't.otprolitsdurtngyear.
Int. credited dep's, same per'd.

Exp. of Institution, same

)

891,178
6,324,778
72,261

Due trust companies
Due pavings banks
Due banks and bankers
Total

(

947.160
7,326,106
204,722
721,137
280,000
171,876

874,510
8,921,045
124,733
572,405

$506,427
200,84'.

108,135
Amt. of divs.decl'd.sameper'd.
120,000
Amt.ofdep.onwhichint.l8all'd 10,115,822

Rate of interest
2 to 4 p. o.
(jfuaranty Trust Company
Resources—

D«c. 31, '04.

Bonds and mortgages
Stock investm'ts (book value), .$1.'>.548,665
do
do (cnarkec value) (15548,665)
Amount loaned on collaterals.. 31.873,676
A'm'tloanedon pers'n'l sec't's 8,520,310
Real estate (estimated value)

Dee. 31, '03

$15,000
12,185.348

$8,896,681

13,486,975
2,423,009

$66,982,866

$48,473,899

$41,018,720

$2,000,000

$2,000,000
5,000,000
125,855

$2,000,000
5,000,000
102,577

130,2.'?1

21,651,157
655,438
130,373
55,908

Undivided profits (book value).
do
do (market value)
Deposits in trust
Generaldeposits, pay.

ondem.
Due trusc companies
Due savings banks
Due banks and bankers
Other liabilities

5,507,196
)

(125,855)

731,004
5i,230,716
2,131,402
321,230
2,001,774
59,544

S84,438
38,292,821
1,043,644
291,220
1,244,968
90,953

(....

„Total
$66,982,866
Supplementa ry
Tot. am't of profits during year. $2,288,520
Int. credited dep's, same per'd.
1,155,086
Exp.of Institution, same per'd,
257,347
Am'tofdivs.deol'd same per'd.
400,000
Am'tofdep.ouwhiohint.isall'd 56,310,312

—

Rate

of interest

lisito3%

(

)

931,515
30,519,050
1,323,208
337,090
111,951
693,329

$48,473,899 $41,018,720

*$999,090
*611,360
*128,450
*200,000
38,510,182

$2,050,227
1,083,031
231,666
400,000
30,828,419

liato4i«%

l^a to

4i£%

Resource*Dec. 31, '04. jMHe30,'O4. Dec. 31, '03.
Bonds and mortgages
$211,800
$261,500
$261,500
Stock Investm'ts ())0ok value)..
359,872
450,460
385,471
do
do (marJiet value)
(4'\3,211)
(355,307)
(382,750)
Amount loaned on collaterals. 2,25u,983
1,037,456
1,426,580
Amt loaned on pers'l securities
28,60S
177,904
l'i.'=i,306
Cash on hand
63,79=1
45,238
52.471
Cash on deposit
210.210
299,064
344,530
Otherassets
116,434
123,362
439,662
Total

LxabiMlesCapitalstock

$3,566,044

$3,051,847

$2,079,318

$500,000
500,0tM>

$500,000
500.000

43,623

39,041

$500,000
500,000
30,260

farP'usfund
Undivided profits (book value)

?° (market value)
«
GenMj
1 deposits pay. on demand

(46,374)

(36,319)

2,147,838
18,108
93,495

1,680,590
42,293
60,^63

257,980
5,000

229,060
........

949,035
19,942
25,453
49,574
5,004

$3,566,044
t- .

$3,051,847

$2,079,318
-^
,

Dae trust companies
Due savings banks
Due banks and bankers
Other

liabilities

Total...

Suppleimnlary—

(

)

.

Total amt. profits during year
Int. credited dep's same period
B.ip. or Institution same period

*$64,097
$134,121
$129,939
*16,942
43,071
37,223
'38,375
60,962
68,202
Am tdep.onwh.lntl8aUowed 2,303,127
994,000
1,836,000
Bate o f interest
lto3i«p.c. lto3>«p.c. l'«to3>«p.c.
*

For the six months only, Jan.

1 to

June

30.

$7,605,417

$500,000
500,000
452,682

$500,000
500,000
420.011

$500,000
500,000
374,744

(576,726)

(448,134)

92,890
6,188,742
835,565
83,164

162,074
5,490,210
783.943
91,689

120,214
5,392,663
653,369
64,427

$8,653,043

$7,947,927

$7,605,417

$406,829
157,885
Exp. of instltut'n,
per'd.
68,269
Am'tofdiv8.deel'd,8ame per'd.
40,000
Am'tofdep.on which int. Is all'd 7,119,117
Rate of interest
2 to 4 p. o.

$*216,149

$344,697
170,892
56,136
40,000
5,962,246

Capital Slock

Surplusfund
Undivided profits (book value)
do (market value)
do
Deposits in trust
General deposits, pay.
Due savings banks

ondem.

Other liabiUties
Total

Supplementary —
Tot.am't of profits during year.
Int. credited dep's, same per'd.

Italian-American Trust

*32,627
*20,000
6,236,380
2 to 4 p. o.

)

(

*81.106.

same

2to4p.o.

Company (New York).

Resources—
Bouds and mortgages
Stock investm'ts (book value)
(market value
do
do
Amount loaned on collaterals
Amomnt loaned on pers'l sec'8
Cash on hand
Cash on deposit
Otherassets

Dec. 31. '04"
ff58,000

304,768
(304,768)

109,650
59.893
80,980
427,933
85,874

Total
Liabilities—
Capital stock

$1,127,098

$500,000
50,000
325,442

Surplus fuud

Gen den's payable on demand
Due savings bank
Due banks and bankers

25,000
226,656
$1,127,098

Supplementary —
Tot.amt.of profits during year
Int. credited dep's,
Expens. of instlt'n.

same
same

Am't dep. on which
Rate of Interest

$6,879

per'd...
per'd

1,002
10,313
459,742
2 p. c.

int. Is all'd
.,

Kings County Trust Company (Brooklyn).
Resources—

Dec. 31,

'04..

Stock Investm'ts (book value).
do
do
(market value) (1,351.538)
Amount loaned on collaterals. 7,127,393
Am'tloanedonpers'l securifs 1,235.694
Real estate (estimated value)..
221,247
Casbonhand
P68,260
Cash on deposit
542,014
Otherassets
81,710
Total
Liabilities

June

$813.f8<
1,364,402

$12,359,103

—

30, '04.

Dec. 31, 'OS.

$680,«33

$408,133
409.387

1,275,350
(1, .263,680)

(41.'' ,950)

6,008,294
1,128,686
226,123
1,003,271
1,602,470
207,958

8,705,388
448,011
227,293
478,875

$12,132,983

$11,362,629

616,240
69,302

Capitalstock

$500,000

$500,000

$500,000

Surplusfund
Undivided profits (book value)
do
do (marketvalue)

1,000,000
395,162

1,000,000
354,066

1,0(0,000
302,207

(382,298)
319,73''

(342,396)

Deposits in trust
Gen'l deposits, pay. on

8,564,3<t5

Other

(.

)

67,300
1,286,100
236,409

238,288
8,164,543
81,200
1,318,600
176,286

257,323
7,649,281
yl,70O
1,411,200
150,918

$12,359,103

$12,132,983

$11,362,629

$503,514
296,703
80,254

*$272,028
•160,386
*47,967

.'2,500

*25,«)00

$501,306
255,412
77,473
50,000

Am't of dep.on which int.isall'd 10,177,532
10,052,632
Rate of interest
2to3'4p.o. 2 to 3>fl p. o.

9,359.505
2 to 4 p. o.

demand
Due banks and bankers
Due savings banks
liabilities

Total

Supplemental^ —
Total am't profits during year.

same period...
Exp. of instltut'n same period.
Am't of divs. decl'd same per'd
Int. cred. dep's

Knickerbocker Trust Company (New York).
Resources—

Der. 31, '04

Bonds and mortg.iges

Guardian Trust Company (New York).

,

$7,947,927

5,987,.587

3,641,576

Liabilities—

Capitalstock
Surplus fund

$8,653,043

—

Liabilities

Bonds and mortgages

(8,896,682)

Cash on deposit
Otherassets
Total

li2to4p.c.

(New York).
(12185.348)
17,923,098
2,882,091
86,573
61,103
11,590,114
3,730,572

Cashonhand

.

Total..

101,699

*60,000
9,320,582

Jwnc 30, '04.

Total

,

749.716

*.'>1,427

per'd.

.

$1,726,040

$200,000
lOO.OOO
55,300

Capital stock

Other

$2,122,004

,

$1,339,405
3,194,592

Stock investm'ts (book value)
do
do
(marketvalue) (3,194,592i
Amountloaned on collaterals 37,912,494
Am't loaned on pers'l securlt's, 1,710,041
Real estate
{»56,000
Cash on hand
5,691,707
Cash on deposit
7,996,896
Otherassets
606,878
.

.

J^ime30,'04.
$1.71H.126
3,087,527

Dec. 31. '03.

(3,087.527)
31,101,994.

(2,606,00a)

$905,935
6,009

2,6i

24,187,210

1,422,693

1,269,(^00

857,50.:)

3,964,144
8,645,065
463,819

1,011,226
1,859,958
5,149,850
500,780

$59,353,013

$51,260,868

$37,490,568

$1,000,000
Undivided profits (book value) 2,480,(580
do
do (marketvalue) (2,480,630)

$1,000,000

$1,000,000
2.356,141

Total
Liabililies

—

Capital stock

Deposits in trust
Gen'l deposits, pay. on
Due trust comi)anies
Due savings banks

2,:-i29,376

(2.329,576)

7,20^,H9.0

6,464,002

demand 39,149,553

33.4.59,560

4,584,107
2,166,278
2,223,132
544,438

3,855,020
1,419,072
2,244,103
439,535

Due banks and bankers
Other liabilities

(

)

5,239,181
25,6:n,020
1,701,203
671,421
498,800
392,802

Total
$59,353,013 $61,260,868 $37,490,568
Supplementary —
$1,950,886
Total am't profits during year. $2,340,527 '$1,047,899
944.297
'542,634
Int. credited dep's same per'd.
1,218,072
295,125
•157,015
Exp.of instltut'n. same per'd..
323,114
340,000
'180,000
380,000
Am'tofdivs.deol'd, same per'd
26,4^2,614
40,791,831
Am'tofdep.onwhlohint.isall'd 51,811,901
2 to 4 p. o.
Bate of Interest
2to4p.o.
2 to 4 p. o.
*

For the six months only, Jan.

1 to

June

30.

THE CHRONICLE.

580

Merchants* Trust Company (New York).

Lincoln Trnst Company (New Vork).
Dec. 31, '04. June 30. '04. Dee. 31. '03.
Resources$495,000
$966,000
S823,500
Bonda and mortgages
1,068,022
3,271,403
4,695,890
Stock in vestm'ts (book value)
(1,068,0 2i
(market value) (4,695.890)
(3,271,408/
do
do
3,917,488
1,971,382
Amount loaned on collaterals 2.813.927
1,!M2.606
2,501,723
Amt.loanedonpers'lBecurlties 2,335,271
332,'^21
547,593
337,524
Cash on hand
7.50.0B4
1,528,697
2,316,843
Cash on deposit
306,750
650,367
834,903
Other assets

Besoure^s—

Liabilities

—

$14,350,358

$11,294,670

$?,382,351

$500,000

$500,000
500,000

Capital stock
Surplus fund

198,440

$500,000
500,000
74,791

(198,4*0)

(74,791)

33,561

10,046

ll,314,.'il2

8,-558,608
25 ,00 >

.500,000

profits (book value)
do (market value)
do
...
Deposits In trust

Undivided

on demand
Due trust companies..........
Dae savings banks
Due banks and bankers
Qeii'l deposits pay.

214,398
1,533,730
55,717

.

Total

2,978
6,362.167
213.843

$14,350,358

$11,294,670

$8,382,351

$587,561
262,118
Int. cred. depos'rs same period
133,811
Expen.instlcution same period
Am'tdep. on wh. int. is allowed 12,499.436

*$301,422
*118,558
'62,869
9,79i,186
1 to 4 p. c.

$296,249
168,220
113,768

Total

SuppUmenlary —
Total amt.prottts during year.

lto4p.c.

Rate of interest

Long Island Loan & Trust
Resources—

l>e«.

Bonds and mortgages

31,'04.

6,280,06 S
1 to

4

Stock in vest m'ts (book value).
do (market vaue) (3,304,330)
do
4,863,680
Am't loaned on collaterals
157,945
Am't loaned on pers'l securit's
3,000
Keal estate (estimated value)...
165,761
Cash on Land
888.818
Cash on deposit
85,4/5
Other assets

$1,045,650
3,279.484

$1,076,500
2.3^9,635

(3.343,255)

(2,393,620)
4,17ii,360

$1,000,000
1.000,000
Surplus fund
502,012
Undivided profits (book value)
do (market value)
(556,820)
do
303,683
Deposits Intrust
6,859,698
Gen'l deposits, pay. on dem'd.
454,960
Due savings banks
159,023
Due bank" and bankers
180,373
Other Uabilities

$1,000,000
1,000,000
443,497

$1 ,000,000

$10,459,754

$10,297,029

$9,174,362

Int. cred. dep's same period..
Exp. of insti ut'n 8 ime per'd..
Am't divs. declared same per'd

$453,425
172,606
63,41o
lOJ.OOO

Amt.of dep.on which int.lsaU'd
Rate of interest

7,777,371
2 to 4 p. o.

*$204,012
*82,392
*34,736
*50,000
7,737,003
2 to 4 p. o.

$450,864
177.010
66,727
100,000
0,605,200
2 to 4 p. C.

—

Total

Supplementary —
Total am't profits during year.

354,004
5,401,871

758,314
91,010
80,945

Total
Liabilities

—

Dec. 31. '03.

$9,500
4,767.961
4,603,270
1,000,500
4.673,192
222,708

$9,S00
4,441,832
(4,486 209
5,904,303
500.500
2,084,578
253,124

$19,60S,736 $15,277,131

$13,193,837

$1,000,000
1,000,000
809.899

$1,000,000
1,000.000
843,650

$1,000,000

Capital stock

1,000,000
Surplus fund
970.836
Undivided profits (book value)
do (market value) (1,303,196)
do

(935,371)
244,94'S

(....

)

657.497
8,033,455

132.920
Deposits in trust
Gen. deposits, payable on dem. 11,613,782
4,719,6 '1
Due tru-t companies
74,578
Due savings banks
80,477
Due banks and bankers
1 6,504
Other liabilities

11,416,172
633,592
73,000
70,172
29,356

$19,603,736

$15,277,131

$13,193,837

$754,709
271,536
140,246
100,000
Am't of diva.ded'd.same per'd
Am't or dep.on which int is all'd 15,838,441
1 to 4 p. c.
Rate of interest

*$313,247
*121,894
*70,s93

$601,914
224.010
145,218
100,000

Total

Supplementary—
Totam't or profits during year.
Int. credited dep's. same per'd.
Exp.of institution, same per'd-

1,51'^ .027

40,417
90,788
14,003

50,000
11,941,253
1 to

4

p. o.

9,480,738
1 to 4 p.

o.

Mercantile Trust Company (New York)
/unc 30, '04.

Dee. 31, '03.

$1,738,325
15,841.956
Stock invest's (book value)
(market value) (15341,956)
do
do
Amount loaned on collaterals. 55,732,782
19,401
Real estate (estimated value)..
1,118.930
Cashon hand
10,372.806
Cash on deposit
310,764
Otherassets

$l,8i5,188
11,17«.564
(11178,544)
43,298,467
19,401
1,122,813
11,191.316
189,216

$1,874,237

$85,134,964

.8J4,965

$38,381,992

$2,000,000
CapiiaUtock
6,000.000
Surplus fund
431,285
Undivided profits (book value)
(431,285)
do (market value)
do

$2,000,000
6,000.000
329.276

$2,000,000
6.000.000
190,900

Dec. 31, '04

Resources—

—

Bonds and mortgages

Total

Liabilities —

5,513,097
Deposits in trust
General dep'ts, pay.ondenn'd.. 49.787.126
13,002,012
Due trust companies
4,106,«12
Due savlnns hanks
2, ^8^.875
Dae banks and bankers
1,860,C57
Other llablUtlee
Total

—

isall'd

1,12.'>,425

10,883,93S
203,919

(

)

36,74-2,193

9,669 454
28,290,89^
5,8'iH,482

4,294,513
556,374
1,521,374

$85,134,904

$68,834,965

$58,381,992

$2,738,217
l,57<i,9 S7

*,fl,223,^30
•684,0 k9

$2.820.13«
1,407.415

193,189

•100.903

19V>.60i

6'<0,000

*:S00,<)00

600,000
45,204,678

of dlvs.decl'd.samo iier'd

Amt.ofdep.on whlchlnt.
Rate of interest

35,751.137
21.000

7,.'i92,410

Int. credited dep's, same per'd.
Exp. of Instltut'n, same per'd.

Am't

(329,276)
9,02»,368

8.517,:^36
(8,517.336)

4,23 .%758
1,608,181
1,301,779

Supplementary
Total am't profits during

71,347,743
1 to

For the six months only, Jan.

3»fl p. o.

1 to

$4,858,572

$134,667
rot.auit of profits during year.
72.026
Int. credited depos. same per'd
72.734
Exp.of institution, same per'd.
Amt. of dep. on wh. Int. is aU'd. 3,1 24,3 1
2 to 4p. c.
Bate of interest

*$73,336
*38,151
*39,418

$194,673
118.453
97,467

3,235.0(d9

2,853,664
2 to 4 p. c.

June

56,315,727
1 to

30.

A\ p.

o.

2 to 4 p.

0.

1 to

4^

$35,935,689 $31,858,076 $28,375,694

—

$2,000,000
5,000,000
958,063

$2,000,000
6,000,000
1,326.798
Undivided profits (book value)
do (market value) (1,326,798)
do
993,437
Deposits In trust
General deposits, pay. on dem. 20,81 5,320
Due trust compajues .......... 1,597,546
2,131,935
Due savings banks
1,832,798
Due banks and bankers
237,855
Other liabilities

$2,«0»,900
5,000,000

1,8/9,911
3,709,361
263,252

914.982
16,906,840
387.280
1,«29,527
969,997
209.005

$35,935,689
Total
Supplementary—
Tot.am'i of profits during year. $1,571,769
660,119
Int, credited dep's same per'd.
137,775
Kxp. of Instltut'n same per'd.
320,000
Am't of divs. dec. same per'd.
Am'tof dep.on whlohintlsall'd 25,570,615
1 to 4 p. c.
Rate of interest

$34,85S,076

$28,375,694

*$?03.632
*296,233
*69.609
*320,000
25,647,000

$1,442,561
607.415

1,016.479
(1,016,479)

»88,496
18,577.400
1,473,177

1^2 to

4^2%

(

)

132,650
316,352
19,293,731
li4to4Hjp.O.

Morton Trust Company (New York).

J^une 30, '04.

(4,893.433)

)

$5,021,540

Surplus fund

Manhattan Trust Company (New York),
D£C. 31, '04.
Resources—
$9,.«500
Bond? and mortgages
Stock Investm'ts (book value).. 5,«28.54'5
do .market value) (6.157,883)
do
Amount loaned on collaterals. 8,894,286
1,000.500
Cash on hand
3,62.5,n5
Cash on deposit
250,689
Other assets

(

$5,076,973

—

Capital stock

)

(

216,318
6,785.P22
623,650
106,112
116,530

3,233,236

10,658

liabilitiea

Liabilities

1,000,000
488,218

(507,267)

3,098,003

201,166

737

Total

$9,174,362

Liabilities

(201,166)

Dee. 31, '04: June 30/04:. Dec. 31, '03.
Resources—
$3^4,000
$182,000
$282,000
Bonds and mortgages
2,266,452
4,378.385
Stock Investm'ts (book value).. 3,143,279
(2,266,452»
(4,378,385)
do
(market value) (3,143,279)
do
24,171,V0J
22,372,618
Am't loaned on collaterals .. 28,817,457
e38,5'S3
615.000
615,030
Real estate (estimated value)..
206,741
523,145
14,671
Cash on hand
2,153,119
4,648,918
3,195,450
Cashon deposit
344,208
339,428
367,832
Other assets

441,210
46,423
322,421
6^3,878
145,930

$10,297,029

Capital stock

)

(

Metropdlitan Trust Company (New York).

$10,453,754

Total

$500,000
1,000,000
239,753

p. o.

Pec. 31, '03.

3,94^,530
165,^00
40,735
681,612
1,039,«55
95,463

$500,000
1,00 ,000

66.281
20,120

Total..

.„

$500,000
1,198,737

1,10 5

Supplementary

30, '04.

/une

3,249, '^22

$4,858,572

268 470

Co. (Brooklyn).

$1,045,550

$5,021,540

2,929,734
1,383
68,620
101,080
18,002

Other

33

liabilities

2,746,520

$5,076,973

Due trust companies
Due savings banks
803,330 Due banks and bankers

1,170,362

$1,385,522
(1,421,945)

114,863
504,864
106,803

Capital stock
Surplus fund
Uncilvlded profits (book value)
do
do (market value)
Gen'l deposits payable on dem.

225.863
5,000

Other

—

Dee. 31, '03.

1,391,977
60,053

8ii,631

Other assets

Liabilities

J'Mne30,'04.
$l,450,5fi3
(1,450,563)
2,221,494

52.624
99,540
1.148,V56
49,063

Cash on hand
Cash on deposit

)

(

Dec. 31, '04.

Stock Investm'ts (book value).. $1,471,312
(market value) (1,471,312»
do
do
Amount loaned on collateral*
2,05 1 ,267
Am't loaned on pers'l securities
22,733

.

Total

[Vol. lxjx-

p. 0.

Dee. 31, '04. .Tune 30, '04. Dee. 31, '03.
Resources—
$9,471,668
Stock Investm'ts (book value) $8,412,570 $11,363,185
(9,471,688)
(8,412,570) (11368,185)
do
( mark <^t value)
do
Amount loaned on collaterals. 41,903,2-18 29,953.012 18,492,346
4,2t9,.'^09
3,459.000
288,660
Amt. loaned on pers'l seourltlea
127,7il7
.9,931
95,173
Cashon hand
15,?3l,384
15,6'-1,698
9,963,811
Cash on deposit
776,244
564,818
I,614,9e4
Other assets

$52,278,416 $61,134,510 $48,271,082

Total
Liabilities

—

$2,000,000
2,000.000
Undivided profits (book value) 4,587 311
do (market value) (4 537,311)
do
1,358,712
Deposits In trust
General deposits pay. on dem. 44,503.4P5
4,714,277
Due trust companies
1,236.184
Due savings banks
l,731,0'.l
Due banks and bankers. ..
146,888
Other liabilities

Capital stock
Surplus fund

$2,000,000
2.000.000
4.145,863

$2,000,000
2,000,000
4,086,789

(4,145,863)

1,834,322
44,219. 00
4,127,371
1,452,363

-.)

<

938,171
33,941,815
2,637,868
1.234,861
1,347,5*3
84,035

1,19-<,915

156 576

$62,278,416 $61,134,il0 $48,271,032
Total
8upplem.entary—
•$878,888
$2,037,721
rot. amt. of profits daring year. f2,198,'76
*461,535
981,037
942,517
Int. crediteci depos. same per'd
*119,626
242,088
2*9,257
Exp. of institution same per'd.
*v;00,000
400,000
400.000
Amt. of divs. decl'd same per'd
23,758,402
43,853,396
Amt. of dep. on wh. Lnt. is all'd. 4 6.21 7,345
1 to 3 p. c.
1 to 3 p. 0.
1 to 3 p. c.
Rate of interest

Mntnal Alliance Trust Company (New York.)
Dec. 31, '04. /Mne30,'04.
Resources$9,750
Bonds and mortgages
Stock Investm'nts (book value) 1.531,020 $1,314,038
(1,816,131)
do
(market value) (1.546,421)
do
1,3='2,538
Amount loaned on collaterals. 3,003,204
1,740.713
Am't loaned on pers'l Siour's.. 1,108,314
179,724
Ifi7.521
Cash on hand
509,605
510,780
Cash on deposit
187,875
194,805
Other assets

Total.
[jiabilities

....

.vAU^v.-

$1,120,728

(1.109,658)
1,066.661

1,969,669

356,190
443,122
33,790

^

"$6,520,424

$5,314,493

$4,990,160

$500,000
600.000
11.123

$500,000
500,000
7,4»0

$500,000
500,000
18,227

(26,52-)

(9,582)

40.194
5,429,192
61.915

7,422
4,266,487
33,094

„ „li.516

$6,520,424

$5,314,493

$4,990,160

—

Capital stock

Sur.lusfund
Undivided profits (book value)
do (market value)
do
Deposits In trust
Gen'l deposits payable on dem.

Other llablUtles
Total

Dee. 31, '03.

—

Supplementary
Tot. am't of profits dur'g year.

(

..)

3,932.274
28,144

^

•$132,874
$218,709
"49 721
43,610
Inn. credited depos. same perd
*49.928
99.0.°.4
8|'12?
Exp. of Institution same per'd.
2,392,434
3,369,3-9
Am't dep on which Int. Is aU'd 4,229,533
2to3»«p.o. l««to3>ap.o. 2 to 3>a p. o.
Rate of Interest
*

$271,145
101,162

For the six monthB only, Jan. 1 to Jane 80.

/7

Feb.

3

THE CHRONICLE.

4, 1905.]

Nassau Trust Company (Brooklyn).
Resources—
Dee. 31, '04.
Bonds and mortgages
$541,483
Stook Investm'ts (book value),
1,601,883
(market value) (1,601,883)
do
do
Amount loaned on collaterals. 3,813,363
An? t. loaned on pers'l seourit's.
937,425
Real estatu (eat. value)
166.000
Cash on hand
812,138
Cash on deposit
,
854,813
Other assets
94,793
Total

—

$8,821,900

Capital stock

$500,000
566,^66

Liabilities

Undivided
do

profits (book value)

do (market value)

(.—

Deposits intrust
Gen'l deposits, pay'ble on dem.

Other

.

.^66,705
166,0;

1

98.347

327,9«7
708.173
113,e08

$8,133,650

$7,056,579

$500,000
516.591

Total

(

67,744
6,2^6,955
15,000
747,027

)

66,119
4,647,387
65,000
941,266
300.354
30,d45

30.333

Dec. 31, '03.

$430,018
3.628.485
(3,585,820)

7,062.074
1,205,643
290,967
593,993
946,998
209,346

$17.8c4.277

$17,268,059

$14,367,524

$1,000,000
Surplus fund (book value)
1,000.000
Undivided profits (book value)
.'=>67.3^4
do
do (market value)
(632,995)
Deposits in trust
368,922
General deposits, pay. on dem. 13,0<'7,43o
Due savings banks
923,^27
Due banks and bankers
170,037
Other liabilities
8 17,227

$1,000,000
1,000,000
527.512

$1,000,000
1,000,000
573,102

(473,98!)
48.- .791

(530,436)
194, 38
9,84 0,474
99-, 113

Liabilities—
Capital stock

$500,000
506,108

(525,063)

$8,821,900

—

3.932,715

166 000
e99,106
915,794

1,197.432
51,447
41,018

.

(93\855)

3,918,001
1,078,210

Company (Brooklyn).

Resources—
Dec. 31, 'f 4
Juue 30, '04.
Bonds and mortgai?e8
$584,^66
$396,176
Stock invest'ts (book value) .
5,0"^2,193
4.3b3,726
do
ao (market value). (5,117,>:55)
(4,3 Oi95)
Amount loaned on collaterals.
7,272,9 1
7,373 01
Am't loaned onpers'l secuiit's. 1,737,855
1,628 303
Real estate (estimated value)...
3 5,115
2«5,617
Cash on hand
1,536,181
1,443.^31
Cash on deposit
1,170,0^4
l,5t)3,l77
Other assets
185,406
213,523

9ti3,97H

(926,230)

CO

15.<

liabilities

Total

917.759

71.818
6,378,819

Due trust compaides
Due savings banks
Due banks and bankers

People's Trust

June 30, '04. Dec. 31, '03.
$340,133
$337,4 33

)

581

12,466 045
787,433
238.850
762,928

131,107
629,992

$8,133,650

$7,056,579
Total
$17,854,277 $17,268,059 $14,367,524
$335,104
Supplementary—
*$140,423
$330,452
197,550
'97.387
157,141 Total am't profits during year.
$677,514
$*337.257
$5?6,647
64,245
*32,909
52,372 Int. credited den's same per'd.
382,114
*17 6,565
328,033
Amt.of divs. decl'd, same per'd
* 15,000
30,000
Exp.
of
institut^n,
same
per'd.
30,000
102,605
*50.723
99,653
Amt.of dcp.onwhichint.i8 all'd 7,714,516
2
Am't
divs.
7,0-6,727
declared.same
per'd
6,020,1
120,000
*60,000
1 20,000
Rate of interest
2 to 4 p, c
Am't
2 to 4 p. 0.
of
dep.on
which
2 to 4 p. c.
Int.is all'd 14,328,847
13,373,391
11,078,156
Rate of interest on same
2 to 4 p o.
New York Life Insurance & Trust (New York).
2 to 4 p. 0.
2 to 4 p. 0.
RestnircesDec. 31, '04 JMn*30,'04. Dee 31, '03.
Bonds and mortgages
Queens County Trust Co. of J<iuiaica.
$3,265,181
$3,702,927
$4,143,401
Stock Investments (book value)
9.905.575
9,019.996
8,80 ,672
Resoureado
j)ec. 31, '04. June 30, '04.
do
(market vale) (11313,675)
(10076,497) Bonds and mortgages
Amount loaned on collaterals. 7.840..^73 (10226,023)
$266 200
$36,000
4,371,610
6,07.' ,282
Stock
invest'ts
(book
value)
Am't loaned on pers'l seourit's 12,382,980
427 i86
339.151
12,71 4,.S24
10,115,606
Co
flo
...'.'.'.'.11'.
(market
value)
Real estate (est. value)
(427,i86)
1.686,207
(342,343)
1,686,562
1,602,317 Amount loaned on collaterals..
Cash on hand
251.100
3,HK),0<)0
51,667
3,10< ,< 00
3,000.000 Amt. loaned on pers'l pecurlties.
Cash on deposit
71,062
1,394,543
2,720
1,708,087
1,201,052
Real
estate
(< stimated value)...,
Other assets
1,100
588,997
565,161
1,962,000 Cash on hand
ll,lb5
'16,682
Cash on deposit
, Total
156,2-3
341,895
$40,162,056 $36,868,562 $36,905,330 Other assets
—
LiabUities
10,132

Supplementary

Total am't profits during year.
Int.oreditPd Uep'8,«ameper'd.
Exp. of institution, same per'd

-i

19.372

Capital stock
Surplus fund

$1,000,000
2,703,028
Undivided profits (book value)
34,621
do
do (market value) (l,?i0»,21 3)
Deposits in trust
33,272,785
Due savings banks
64,570
Other liabilities
3,087,032
Total

$1,000,000
2,640,170
34,115

$1,000,000
3,89.'*

,923

31,321

(1,305,385)
29,97<»,164

(

)

28,849,209
68,. 98
3,065,179

69.680
3,145.433

$40,162,056

$36,868,562

$36,905,330

Total am't profits during year. $1,726,8<3
Int. credited dep's same per'd.
981,480
Exp. of institution, same per'd
126,321
Am't of divs. decl'd.same per'd
400,000

*$903,934
*484.i76

$1,826,690
1,008,368
153.431
400.000
28,912,408

Supplementary

—

6^458

*200,000
30,048,843
1 to 5 p. 0.

Amt.ofdep.on which int.ls all'd 33,337,355
Rate of interest
1 to 5 p c

New York Security & Frnst

Kesoftrces-

Co.

Dec. 31. '04.

Bonds and mortgages

$2,745,933
13 140.250

OO

1 1.576,490
(115'H,490)
19,973,176

10,717,731
(10717.732)
18,944,328

'

$2,189,<

trust companies

l>ue savings banks

2,397,.'M0

22,58^,407
337,982

20,778
4,495,^39
516,168

$60,420,173

$35,263,244

Due banks and oankers
Other liabilities.

$3,000,000

""

9,239,945

4,278,423

09

6'iiH'^?'\

(

J

)

27,IS^^^
89^,920
17.132

5,56=1.727

193,39:*

55,994

44,168

41,873

$63,968,235

$60,420,173

$35,263,244

Total am't profits during year.
$2,417,030
tat. credlrnd dep's same per'd.
1 3*2 5-8
*.xp. of mstitut n wame per'd.
239'7S0

*$1,108,914
•67«,621

$2,208,546

80

156,799
320.000

SupSmenta;^-

Am of div. decl'd Siime per'd..
Am tof dep.i.nwhichintlsall'd
t

Rate of Interest

*147.

63 '.'ooo
48,lzl,445

lto3»;p.o

*330,000
44,228.430
1 to

3»fl p. 0.

1,126,6 5

a^^r

L^k;-

$2,000,000

'

Undivided

....

profits

•?

(book value)

rk^JL"* In ^° (market value)
Deposits
trust
°° "lemand
nn«%''r,l=f''^****'
^"^^l
XJue trust compatiles
"
Due savlnKs banks. ...
,

^.",?„^'^.'*^'!,^.'?<1

Other

bankers

liabiliiies

Total
^

Suppumentary-

Total am't

V.

$2,000,000

3,000.000
1 8,910

il.OO ',0t'0

29i 95s
(280,302)

84o

"7

9,20«)!l

36

4 2iK^n^

7U7II

Z^Sb.Hit

*

6,832,785

6.18- ,328

3,46.S,376

2,743

.

$19,063,912

(

.-

)

^s-2

504,342
1,441,082
.'^4.245

00

'7«>,000

::::::--" ril^t^^^^

12,447,161
2 to 4 p. 0.

140.000
11,11«,823

For the six months only, Jan. 1

to

June

30.

"

Int cred. dnp's same period
Exp. of Institufn same period
Am'tof dep on whlohint.le all'd
Rate of interest

$1,194,148

$807,987

$500 000
las'yso

$600,000
H'0,000

(128,230)

(104,752)

128.230
515,617
1 0,000
301

2,060
193,177

$1 194,148

$807,987

$28 181

•$2,370
*186
*122
*203,102
2 to 3 p. 0.

2*931
6*808

562 Val
',\

2to3Jflp.

c.

'12,750

Real Estate Trust Company (New York).
'"
Dec. 31, '04. .Ttine 30. '04. D€c.
_
oi^T"'*''^

Bonds and mortgages

$197,500

on hand
Cash on deposit
Other asset*
('ash

$250,500

1,771,7,^)2

(1,771,792)

1,232,('62
(1,240,882)

41.990

4,896,461
8,500
394,795
1,103,843
36,137

5,203,547
3,5C0
372,912
627,710
46,212

$8,902,256

$8,415,028

$7,736,445

$500,000
250.000
400.890

$500,000

$500,000
250,000
397,004

40.i,4i6
'.'.'.'.'..'.'.'.

lotal. .................

—

76M65

..

Capital stock

Surplus fund
Undivided profits (book value)
do
do (market value)
Deposits in trust
Other liabilities.
Total.

Supplementary —

3^7.231
7,117,187

(405,823)
6,52 ,852

31,000

15«t,610

66,590

$3,902,256

$8,415,028

$7,736,445

$30H.843
186.849
48.616

allowed

7,576,966
,,„..

int. is

25. ,000

(400.^'90)
7,7.-0,.i«6

Total am't profits during year.
Int. credited dep'rs same per'd
Exp of Institution same per'd
Amt.of divs. decl'd, same per'd

Amt.dep. on wh.
Rate of Interest

31, 03.

$198,500

Stock Inves'ts (book value)
1.897.6«5
do
do (market value) (1.897.665)
Amount loaned on collat«rals. 5,527 192
Amt loaned on pers'l seourit's.
69,:i28

(397,231)

•$1'^

3,839
*95,S69
*26.742
•25.000
7,04S,V41
2 to 4 p. 0.

.'0,000
l to 3^8 P.O.

$352,414
215,240
53.203
50.000
8,389.i64
2 to 4 p. 0.

Standard Trust Company (New York).
Resources-

'04
Dec. 3
June 30, '01.
Bonds and m> rtgages
$4i f 01
$68,3
Stock Inves'ts (book value)".".' 5,48«.;07
3.'^40,140
do
do
(market value) (5,639,762)
(4,001,920)
Amount loaned on collaterals
8,t4.,f<47
4,993,05 i
Amt. loaned on pers'l seourit's.
315,038
157,310
Cash on hand
248,736
49,446
'.'.'.".'.
Cash on deposit
4,970.180
6,604,393
Other assets
114.247
97,000
,

Total

Dec. 31, '03.

*32,789
2,939,013
(2.973757)
6,156,844
299,178
17 1,605
4,327,t00
12o,f.23

$19,847,295

$15,892,811

$14,047,555

$1,000,000

536 540

$1,000,000
500,000
448,493

$1,000,000
500,000
39 ,883

(631,969)
neposlts In trust
1.937,222
Gen'l dep., payable on dem'd.. 13,2641774
Due trust companies
1,544 251
Due savings hanks
457(528
Due banks and bankers
2^0. •-74
Other liabilities
346, 06

(510,279)

1,623.446
9.' 40.133
1,014.010
70^,971
392,-46
264,037

(406,724)
1,184,320
8,064.985
612,665
193,360
133,800

Liabilities -

Surplusfund
Undivided profits (book value)
do
Co market value)

Total

P00Oi'(»

$19,847,295

1,92.=>,336

$15,892,841

$14,047,555

*$38R,151

$463,331
239,542
97.918
60,000
9,305,628

Supplementary $8"8.J*Ol

70,<

Total

Supplementary—
Total am't profits during year

$17,/Oo,93i

*$372,082
*174 706
'74,770

)

interest

1,(33,043

1,981,9 3
7
HH

<F857 '91
39!4;276

143,61 e

(166.094)
942. > 4

5-4.106

159.050

Rat^of

,

Capital siook
$2,00< ,000

o"rt

5 '.105
...$2».106,4^«

during year
Intorertited dep'rssnme period
profit's

noo

Due tru8i cmpanles
Due banks and bankers

28,603,641
1 to 4 p. c.

Niir.h
^'^''^'^^^
^*''' ^"'"'^ ''
^
Resources'^"dI}
JuneSO.'Oi. Dee 31, '03.
" Z^'^r""^
Bonds and mortgages
*
$75,000
$87,500
Stock Investm'ts (book value)* 2..^,39.217
2,2HH.242
2.321, <;80
do
do (market value).. (2,327, 56i)
(2.298, « 65)
(•2,239,000)
Amount loaned on collaterals
7,123,797
S.bdV.On.
Amtloaned on pi-rs'l securities 10,340,570
670 792
793,722
l,4 64,Hi8
Real estate (estimated value).
1,050
85(t,000
1,0.=)0,0>jO
Cash on haud
74 1,715
631.918
d«p"8it":;::::::::::::::
iSiAll
6,35H.158
3,037,912
Other assets
358.888
547.4^4
600,240
$23JU6X6 $19,063,912 $17,705,9o8
Sn?n}n ^f^*"".?
Surplufund..

Surplusfund (book value)
J...."I"""J
do
do (market valup)
Undivided profits (book value).
Gen'l deposits pay. on demand.

$1,000,000

(9,239,945)

38.279,016
4,243,471
47,816

—

Capital stock

Liabilities

3,39ri.075

44

277,300

111,000

$3,000,000
Surplus fund and undivided
profits (book valu«»
9,.504,636
do
do (market value) (9,504,636)
Deposits in trust
)
General dep. pav. on demand $ •*0,498,596

Liabilities

•

1,194, 08

Capital stock.

Due

c.

York).
31, '03
Dec--"-"'^
$291,300

1

*63,968:235

1 to 5 p.

J^M«e30,'0t.
~""

Stock invest's (book value)
do
do
(market value) (13140,2r>0)
Am't loaned on collaterals .... 3d,852 510
Am't loaned on pers'l seourit's.
9^
3
Real estate
JH qo
Cash on hand
2,109,'738
Cash on deposit
10,645.684
Other assets
402^243

U^iiies-

(New

Total

354.566
1.^8

845

2to4p,o.

Total ami profits during year.
Int credited deps., same per'd.
Exp. of Institufn, same oer'd.
Amt. of dlv8. deol'-i, same per'd

^

$706,607
367.026
97,003
80,000

Amt.of dep.on
which Int.ls all'd 16.957.396
.
Kate of Interest
2to4p. 0.
*

For the six months only, Jan.

1 to

June

*1.^3,105

'47.737
*30.000
13.300,525
1 to 1 p. 0.

30.

2 to 4 p.

0.

THE CHRONICLE.

582

Title Gaarautee & Trust Co. (New York).
Dec. 31, '04. /une 30, '04. Dec. 31. '03.
Retourees—
*9,874,S23
$9,724,814
Bonds and mortgages
$9,319,847
3,497,265
3.0j2,694
Stock Investm'tB (book val.)... 4,965,924
(market value) (5,171,164)
(3.014.903)
do
(3,505,835)
do
8,20;^,.=>25
8,150,706
Amount loaned on collaterals. 11,333,160
1,695,468
617,805
Amt. loaned on pers'l eeour't'B. 1,936,643
319,000
320,000
320,882
Real estate (estimated value).
1,110,000
829,326
Cash on hand
1,054,364,
4,419.577
1,589,480
Cash on deposit
3,262,852
1,364,635
1,219,937
Other assets
783,935

[YOL. LXXX.

United States Trust Company (New York).
Resources—
Bonds and mortgages

Dec. 31, '04.

$3,936,500
Stock investm'ts (book value). 9,861.560
do
do
(market value) (10120.119)
Amount loaned on coUaterals. 40,302,700
Am't loaned on pers'l securit's 9,584,942
Real estate (estimated value)..
1,000,000
Cash on deposit
8,462,467
Otherassets
480,811
Total

$32,977,617

$30,583,848

$25,484,762

$4,375,000
5,125,000
Surplusfund
333,229
Undivided profits (book value)
do
do (market value)
(538,469)
44l,9"5
Deposits In trust
Gen'ldep, payable on dem'd.. 20,306,330
212,122
Due trust companies
Due savings banks
1,572,701
Due banks ani bankers
98,622
612,638
Other Uabilities

$J, 375,000
4,ti25,O0O

$4,375,000
3,625,000
780,035

'Io%al
Liabilities

—

Capital stock

Total

Supplementary

$32,977,617

—

Total am'torotlts during year. $3,581,801
592,961
Int. creditea deps., same per'd.
Expens. of Instft'n, same per'd
287,599
525,000
Amt. divs. declared, same per'd
Amt. of dep. on wh. int. allowed 22,300,697

Rate of interest

l^a to 4

p

c.

21,547
(30,117)

291,620
18,216,982
166,605
1,951.597
283,142
632,355
$30,553,848
*$1.705,817
*273,493
*598,860
'525,000
20,592,614
l'-2to4p. o.

Trust Company of America (New
Regourees—
Bond and mortgages
$480,468
Stock in v'stm'ts (book value).. 8,416.931
do
(market value) (8,550,055)
do
Amount loaned on coUaterals. 10,456,063
Amt. loaned on pers'l securities 1,693,083
108,720
Cash on hand
Cash on deposit
2,313,792
212,693
Otherassets

Dec. 31, '04.

Total

$23,681,750

Liabilities—
Capital stock

$1,000,000
3,000.000
210,698

Surplusfund
Undivided profits (book value)

do (maiket value)
'do
(343,802)
Deposits in trust
235,343
Gen'l deposits payable on dem. 13,892,683
Due trust companies
2,668,663
Due savings banks
848,593
Due banks and bankers
1,737,187
Other liabilities
88,583

.)

(

201,576
14,400,757
322,278
1,2H6,720
123,693
389,703
$25,484,762
$2,695,942
$44'' ,594
1,061,546

525,0<

16,039,794

lJato4p. o.
York).

Jtme30,'0i.
$653,061
8,229,396

Dee.3\,'03.
$«12,75l
7,234.008

(8.229,396)

(7,234.008.

7.699,253
663,840
57,896
4,234,978

9,554,810
127,700

190,030

4-<,472

2,696,715
156,849

$21,728,454 $20,431,305
$1,000,000
2,500,000
644,565
(644,565)

400,320
13,010,035
1,427,755

983,694
1,635,457
126,628

$2,500,000
2,500,000
574,850
(

)

221,940
11,147,238
698,547
875,585
1,555,097
358,048

Total
$23,681,750 $21,728,454 $20,431,305
Supplementary —
*$410,791
Total am't profits during year. $1,003,480
$988,770
^211,199
416,142
Int credited depos. same per'd
457,824
"61,987
Exp. of institution, same per'd.
116,117
127,355
*100,000
Amt. of divs. deol'd same per'd
170,000
200,000
Amt.ofdep'sonwh.int.lsaU'd 19,075,542
15,836,459
14,285,536
1 to 4%
1 to 4 p. o.
Bate of interest
Ito4p.o.

Union Trust Company (New York).
Resources—
Dec. 31, '04. June20,'0i. Dee. 31, '03.
$6i 2,000
Bonds and mortgages
$227,000
$297,860
15,359,135
Stock investm'ts (book value). 15.087.068
9.806.O96
(market value) (15087,068)
do
do
(15555,014)
(9,507,116)
Amount loaned on collaterals. 41,537,130 31,929,561 42,450,742
Real estate (estimated value). 1,900,000
1,900,000
1,900,000
2,5X8,301
Cashon hand
3,535,234
2,319,496
on
deposit
1,501,812
6,675,313
2,201,054
Cash
344,251
407,274
464,544
Otherassets
Total

$63,520,563

$60,229,397

$59,140,811

$1,000,000

$1,000,000

7,^^54,972
Surplus fund (book value)
do (market value) (7,^54,972)
do
48,96.=>,8i5
Deposits In trust

7.57'',724
(7,774,604)

$1,000,000
7.P61,531

Liabilities

—

Capital stock

Due trust companies
Due savings banks
Due banks and bankers

4^^9,397

3,113,180
1,260,077
837,109

Other liabilities

$63,520,563
Total
Supplementary —
Total am't profits during year. $2,370,912
Int. credited dep's,
Exp. of Institution,

same per'd
same per'd

1,366,342
222,849

Am't

500,000
of dlvs.decl'd.same per'd
Amt.ofdep.onwhlchlnt.isall'd 52,638.645

Rate of interest

1

to 312 p.

c.

(7,662,551)

43,787,871
358,727
3,648,800
2,695,400
963,995

42,828,096

$60,229,397

$59,140,812

*$1,236,774
'722,152
*107.570
*250,00O
49,586,439
1 to 4 p. 0.

498,6r.4
4,68',^,643

46,189
2,422,679

$2,857,612
1,622,181
222,224
500,000
47,027,242
1 to 4 p.

Total

—

Total
73,628,980
Supplement arti
Total am't profits during year. $3,281,570
Int. cred. dep's, same period..
1,501,634
Exp. of institution, same per'd.
192,715
Am'tof divs. decld. same per'd 1,000.000
Amt.ofdep.on which Int.isall'd 57,340,050

—

$41,423,458

$32,694,649

$2,000,000

$2,000,000
3,000,000

$2,000,000
3,000,000
415.355

3,'^00,000

(611,304)

508.<i99
(602,371)

€20,073
Deposits in trust
General deposits, pay. on dem. 24.476,766
2,477,993
Due trust companies
475,5.'^ 3
Due savings banks
2,219,404
Due banks and bankers
11,781,012
Other liabilities

491,272
15,019,514
1.993,345
425,187
5,936.598
11,989,443

742,022
12,714,756
1,850,790
379,981
783,992
10,807,753

$48,123,536

$41,423,458

$32,694,649

Total am't profits during year. $2,405,873
968.329
Int. credited dep's, same per'd.

*.J862,e'14

$1,622,791

-461,033
*141,022
*160.000
23,371,524

857,7'JO

572,734

(498,790)

Supplementary—
321,838
400,(00
Am'tofdep.onwhlchlnt.lsall'd. 29,702,764
1 to 4 p. c.
Rate of interest

Exp.of institution, same per'd.
Am'tofdlvsdecl'd, same per'd.

*

For the six months only, Jan.

1 to

June

Ito4p.o.
30.

lto3p.

Rate of interest

o.

$2,000,000
10.000,000
2.250,114

$62,311,766
$2,000,000
10,000,000
2.426,905

(2,509,883)

49,443,872
3,672,078
3,212,617
1,162,303
1,036,029

(

)

41,586,540
1,671,633
3,622,203
81,545

922,940

$72,777,013

62.311,766

*$1,604,243
*775,326
*I09,744
*500,000
56,519,560

$3,369,824
1,825,297
198,799
1,000,000
45,928,237

lto3p. c.

lto3iap.

0.

Yan Norden Trust Company (New York).
ResourcesDtc 31, '04.
Bonds and mortgages
$649,000
1.44l^,000
Stock Investm'ts (book value).
do
(marliet value) 1,509,333)
do
Amount loaned on collaterals. 2,956.887
Am't loaned on pers'l seour's. 1,362,748
Cash on hand
234,585

jMwe30,'04.
$273,673
1,382,138

Dec. 31, '03.

(1.386,974)

(1,015,551)

2,792,318
1,290,938
271,718
870,317
1,032,917

$527,800
1,008.650

Cash on deposit

2,.'<60,417

Otherassets

1,267,276

2,132,623
1,751,517
304,448
1,929,597
974,533

$10,475,913

$8,748,529

$7,794,658

$l,0fi0,000

$1,000,000
1,000,000
101,224

Total
Liabilities—

Surplusfund
Undivided profits (book value)
do
do (market value)

1,000,000
209,584

$l,r00,000
1,000,000
138,537

(273,917)

(143,37i

Deposits In trust
Gen'l dep. payable on

948.050
4,848,670
146,088
443,821
1,664,097
215,603

508,412
3,156,632
175,827
507,623
2,001,607
259,891

$10,475,913

$8,748,529

$7,794,658

$425,612
146,268
158,538

*$197,1S8
*67,841
*87,033
5.457,028

$334,363
104,007
128,150
4,972,377

p. c.

1 to 4 p. 0.

Capital stock

demand
Due trust companies
Due savings banks
Due banks and bankers
Other

liabilities

Total

—

Supplementary
Tot. am't profits' dur. the year.
Int. credited dep's

same per'd.
same per'd.

Exp. of institut'n
Am.ofdep.onwhichint.l8all'd. 6.243,379
average.. Av.2-57 p.o. Av.2 iio
Rate of interest

(

)

)

729,618
2,732,781

742,186
392,351
821,984
274,514

Washington Trust Company (New York).
Res<mrces—
Dee. 31, '04.
Bonds and mortgages
$434,225
863,050
Stock Investm'ts (book value).
(market value)
do
do
(863,050)
Amount loaned on coUaterals.. 9.847,960
Amt. loaned on pers'l securit's.
159.097
Cashon hand
3,444
626,438
Cash on deposit
Otherassets
90,258

/une30,'04.
$440,800
914,585
(914,5*^5)

(604,685)

8,773,250
270,000
105,130
1,506,780
219,246

8,430,450
147,500
457,251
461,528
259,e3J

—

$12,024,472

$12,229,791

$10,783,233

Capital stock
Surplus fund

$500,000
500,000
505,337

$500,000
500,000
472.414

$500,000
500,000
452,512

(505,337)

(472,414)

8,993,741
15,160
1,466.278
43,956

9,055,317
75,000
1,576.343
50,717

7,529,852
35,868
1,702,056
62,945

$12,024,472

$13,229,791

$10,783,233

$552,013
300,211
66.658
60,000
10,459,175

*$274,942
'157,203
*33,867
"30,000
10,629,160
1 to 4 p. 0.

$521,851
309,889
74,635
60,000
9,236,153

Total
Liabilities

Undivided profits (book value)
do (market value*
do
Deposits in trust and general
deposits payable on demand.
Due trust companies
Due savings banks
Other liabilities
Total

Supplementary —
Total am't profits during year.
credited dep's same per'd.
Exp. of Institut'n same per'd..
Am't of dive, decl'd same per'd
Int.

Amtofdep.onwhichlnt.lsall'd
Rate of interest

lto4p.

c.

Dec. 31, '03.

$402,800
624,165

(

lto4p.

)

c.

Wiliiamsburgli Trust Comoany (Brooklyn).

$48,123,536

Surplusfund
Undivided profits (book value).
do (market value)
do

$2,000,000

Surplusfund
10,000,000
Undivided profits (book value) 2.342.^73
do
do (market value) (2,601,232)
Deposits in trust and general
deposits payable on demand 51,757,428
Due trust companies
2,856,683
Due savings banks
3,403,361
Due hanks and bankers
226,220
Other liabilities
1,042,615

Resources—
Bonds and mortgages

266,511
320,(i()0

16,090,277
1 to 4 p. c.

Dec. 31, 'OA.

$885,094

l,453.S8-<
Stock investm'ts (book value).
do (market value) (1,457,200)
8tdo
Amount loaned on coUaterals 2,637,198
863,281
Am't loaned on pers'l securit's
409.022
Real estate (estimated value).

Cash on hand
Casli on deposit
Other assets
Total

Capital stock

Total

$73,628,980 $72,777,013

Liabilities—
Capital stock

United States Mortgage & Trust (New York).
Dec. 31, '04. June30,'04.. Dec. 31, '03.
Resmirces—
Bonds and mortgages
$10,950,562 $10,595,617 $10,376,811
6.040,.598
Stocklnvestm's (book value)... 10,451,681
6,841,375
do
(market value) (10490,251) (6,134,869)
(6,924,816)
do
12,901,416
Loaned on collaterals
17,124,720
10,298.714
531,380
107,448
Loaned on personal securities.
158,575
554,750
Cash on hand
617,256
596,363
7,196,665
9,143,850
3,211,490
Cashon deposit
1,655,847
1,262,448
Other assets
1,624,057

Liabilities

/Mne30,'04. Dec, 31, '03.
$4,101,500
$3,971,500
12,579.448
8,146.125
(12839,216)
(8,362,392)
35,943,200
34,926,770
10,554.793
5,658,902
1,000,000
1,000,000
8,031,516
7,759,038
566,5£6
849,431

Liabilities

—

7Mne30,'04.
$391,300
2,010,852

Dec. 31, '03.

(1,979,192)

(1,669.359)

2,208,859
1,002,578

2,559,799
844,313
198,368

$297,350
1,776,353

513,010
624,440
44,153

364,033
438,502
639,275
70,550

$7,329,786

$7,125,949

$6,622,242

$700,000
350,000

$700,000
350,000
185,470

238,964
654,678
52,417

164,888

$700,000
350,000
132,827

(168,490)

(101,168)

26,777
5,887,541
177,546
2,703
20,331

26.210
5,527,080
242,589
102,677
44,566

40,578
4,862,710
302,222
102.651
18,611

Total
$7,329,786
Sxipplem.enlary—
$334,299
Total am't proHtH during year.
144,582
Int. credited dep's, same per'd,
76.539
Exp. of institut'n same per'd.
56,000
Amt. of divs. deol'd same per'd
Am'tofdep.onwhichlnt.tsall'd 6,070,572
2 to 4 p. c.
Rate of Interest

$7,125,949

$6,622,242

*$141.598
*68,110
*38,802
*28,000
5,843.020
2 to 4 p. 0.

$257,168
115,741
72,547
56,000

Capital stock

Surplusfund
Undivided prolits (book value)
do (market value).
do
Deposits in trust
Gen. depos. payable on dem'd.
Due savings banks

Due

baukrt

and bankers

Other UablUtios

*

For the six months only, Jan, 1 to June 30.

(

)

5,327,583
2 to 4 p. c.

.

.

.

Feb.

Dec. 31, '04.

Resource!—

J'wne30,'04.

$805,000

.fTl.S.OOO

Btook in vestm'ta (book value). 1.787,983
(market value) (1,790.720)
do
do
Amount loaned on ooUaterals. 2,819,414
63,715
Am't loaned on pers'l seourlt's,
255,276
Cash on hand
1,071,331
Cash on deposit
218,684
Other assets

$1,303,587
(I 303,587)
3,195,851
42,950
395,620
1,436,753
161,457

$7,021,403

$7,251,218

Total

Dee. 31, '03

Gold Movimint at Nhw Yokk.

$
1,785.538

Month.

(1,785.518)

1904.

109,875
864,790
205,025
$5,568,532

t

lanaary...
February.

March
April

Total

$1,000,000
482.520

$1,000,OCO
475,042

(482,520)

4,784,872
807,381
167,900
8,545

2,939,617

8a,916
331,957

$7,251,218

$7,021,403

$5,568,532

May

Total am't of profits dur'g year
Int. credited depos. same per'd
Exp. of institution duriDg year

Am'tdep. onwhlchint.
Rate of Interest

isail'd

*$121,015
63,636
*49,901
5,641,693

$304,261
119,863
89,041
5,216,930

2to3iflp.

1 to 313 p.

o.

$308,558
99,677
127,360
4,067,921

Av. 298

o.

p.o.

For the six months only, Jan. 1 to Jane 30.

EustiMlt Financial

The

daily closing qnotatiODs for securities, etc., at

London.

Sat.

Mon.

Wed.

Tues.

28I18

Silver,

8:

Fri

28i«

28^4

88»<«

889ia

8811,6
98-9-2ifi

88%

99071a

90''8

5»8

Atch. Top.
Banta Fe. 89%
Preferred ............. 103

89%

90%

90B8

1031*

103 >«
10408

105

91
105

10516

106^8

60
24

104
104 7e
99
137
61
24

181

181^

ISOifl

&

Baltimore

& Ohio

101%
£9

Preferred

—

lS6>s
Canadian Paoiflo
49 1«
Chesapeake &, Ohio
Ohio. Great Western... 23>a
Chic.Mll. ASt. Paul... I7914
Chlo.

Book

I.

& Pacific.

36ifl

105
99

99

ISCifl

136)fl

49%
24
180

36%

36

32)«

32i«

88
Preferred
..........
88H
44'78
Erie, common.......... 44%
xt«l>s
82
iBt preferred
68^
2d preferred
68'>'e
x158% 159
Illinois Central
141
Louisville & Nashville. 140 ifl
2314
23
Mexican Central
33
Mo. Kan. & Tex., com.. 32%
67
67
Preferred
Nat.RB.of Mex.,l8tpf. 44ifl
441a
N. Y. Cent. <St Hudson.. 148
150
46 14
N. Y. Ontario* West-. 46I4
81>«
Norfolk & Western
smi
96
Preferred
95

88>fl

Den.& Rio

Or., com

81i«

154
70
45
47

Northern Secnrities
Pennsylvania...

&

Phil a.
Reading*
let preferred*

2d preferred*
Southern Pacific
Sonthern Railw., com..

168

44%
82 >•
68
154
140 14

23
32
67 1«
44

44%

44%

47

47

44i«

44%

44%

68%

68

Preferred

99 >«

S9ifl

68I4
3473
99)4

Union Paoiflo

12238

12438

lii538

Preferred
101
U. 8. Steel Corp., com.. 3134
Preferred....
97

100%

100 »fl

Wabash

Preferred

Debenture
*

"B"

3514

85%

1S6%
51
24l«

3314

6II4
241a

181
851a

89

34
90

4418
8II4

4514
82>8

67 14
I6OI4
1411s

67
I69ifl

U0»«
23

32%

32%

67ifl

671a

44

43

151i«

68
4314
162

46 le

46'8

81%

70%

81J«
96i«
1£C34
70*8

46ie

46

47
45
68
35 14
ICO

471a
451a
6816

S4%

96>«
152ifl

71i«
471a

48
47
6838
3514

100i«

100

124%

125''8
lOOifl

lOOia

96%

96 »8

97

22ifl

22>«

22ifl

22ia

97
23

4514

45
71

45
70

45
70

31
451a

71

31I4
9708

23

46
72

FoREiaN Trade OF New York

— Monthly Statement. —

statement covers the total imports and exports of
merchandise and the Customs receipts for the twelve
first

Month.

two seasons.

Mbechandish Movkmkntat N«wYork CnSTOMS RlCKIPTI
AT NUW YOBK.
Itnvortt.
Export t.
1901.

1903.

1904.

1903.

1904.

%
40,850,686

t
47,023,744
41,840,25'

14,708.884

1903.

January...

t
61,4H7,188

8'ebniary.,

57,437,86i<

30,269.968

39,210,736

60,3 10,82';

62,814,034

43,669,116
41,099.6~9

45,538,574

April

66,382,3*
50.331,126

14,606,91:5
14,913.20.S

13.814,962

Uarob

13,108,266

13,406,:i62

May

42,100,051

47,81!4,244

47,880.096

86,404,98^

88,365,15(

12.lu9.942

12,402,a<)4

48.2S4.991
4V,876,83»

47,910,674
&0,^o6,18^

39,322,4ft5

39,743,65;-

13,324.94>-

36,656,730

37,816.93'

12,991,148

47,672,94?

39.194,930
44,686,636
48,803,417
46.354.607
45,280.467

37,676,46.

15.015 97J

42,165,25(1

15,042.410

63,927,48i

15,904.941

12,861,271
15.629,889
16,1^9.614
i5.Se3.i22
14.422,025
13 307,201
13,315.098

June
July

AaRoat
September
October
November.
December.
,

Total...

52.798,439
49,2b0,9:0
67,934,310
67,902,844
57,993,680

%
50,161,08?

47,«98,H87
49,994,976
48,013,563

47,7T4.9n

3S5,83i

$

43,6S4,231

I4,701,71f

47,410,24(

13.fe3S,399

430.78;-

August

243,588
466,428

225.391

333,42f

1.258,346

1,384.046

206.37e

3,a23,99P

154.«4^

%
36,63)
1,473,284

$
4,801,308
3,265.946
8,710,178

897,88:

177,041

615,894

269.02-

2,982,462

11,837,97(

39S,85(

2,821,773

10,934,17J

218,682
257,89r

2,576,940

7,489.76b

November..
December.

986,369

7.088,627

19 516,884

1,312,437

ll,511.01f

8,f61,E6i

422,347
534,683
110,260
178.100
8S6.163

Total...

11.081.277

25,540,185 108,18«.4fl8

."'4,918434

September..
October

1904.

(
850.836
28»,492

283,164

3,548,135
3,475.334

818,^14

8,508.481

294,08^

1.887.888

19,034

2,1S3.977

279,847

2.4G9.C64

3,(20,077

35,581.525

Stock of Money in Country.— The following table
shows the general stock of money In the country, as well as
the holdings by the Treasury, and the amount in circulation
The statement for Jan. 1, 1904, will be
on the dates given.
found in the Chronicle of Jan. 9, 1904, page 84.
1

Money Jan. l.-^
r-Monevin Oireulation.-^
Held in

IntheOntted

Jan.

lieasury.

Statea.
t

Jan.

1,

«
(}Oldooln(lnc.bal'nlnTreas.)l,£46,952,e36 171.719.0S8
57,9*5 280
(Jold certlfloatea
1.343 673
568,484,968
Standard silver dollars
9,<'>-4.773
Sliver oertlflcatea
112,171,494
9,280,167
Subsidiary silver
11,019,000
78.946
Treasury notes of 1890
346.681,016
4.398,389
amted States notes
Curr'cycert., Act June8,'72.
464,794,150 15.638,673
Nattonal bank notes

1,

1904.
S
627,970.683
421,080,018
81,673.323
466.«36,290

19C6.
«

649 548,528
466.7:'9.88«

80,039,396
4C8,ol7.227
102.»-91,327

97,*'31,36a

10.t40(54

16,828,863
348,872,438

—

848,287,627
...

418,163,180

449,157,878

3,889,103.169 269.482,044 2,669,621,185 2,468,345,897
Total
Population of the United States Jan. 1. 1905, estimated at 82.562,000; oirouatlon per capita, $31 12.
* For redemption of outstanding certlfloates an exact equivalent In amount
of the appropriate kinds of money is held in tbe Treasury, and Is not Included
In the account of money held as assets of the Uovernment.
+ This statement of money held in the I'reasury as assets of the Government does not Include deposits of public money in national bank depositaries to tbe credit of the Treasurer of the United States, and amountlUK to
1103 800,101 60.

P«r

NariM of Company.

Railroads (!<team).
Baltimore* Ohio, com. and pref

Cleve. Cin. Chic. & St. L.cem
Cleveland & Pittsburgh, guar. (quar.).

do
Hartford

When

Cent PayabU

do
spec. guar....
Conn. Western

2

Mar

2

Mar
Mar
Mar

1^4
1

J

Feb
Feb

San

1

Mar

Adams Express

2

Mar

American Chicle, com. (monthly)
American Radiator, com. (qnar.)

1

Feb

1
2('

1
1».

Mar

31

St.

(No. 120)

Louis

<fi>

Fran., 2d pf. (qu.)
[Vliscellaneous.

1

Feb 16

to
Feb 28
Holders of rec Feb 7
Holders of reo Feb 10
1 Holders of reo Feb 10
28 Feb 21
to
Feb 28
1

J

5

Panama

<&

Books Closed.
(Days Inelusive.j

1
1

Feb 1
Feb 15
Holders

do

pref. (quar.)
do
People's Gas Light & Coke (quar.)
Pratt & Whitney, pref. (quar.)
United Slates Steel Corp., pref. (qn.).

of reo

Feb 15

to

Ma? 22
16 Feb 10

18
9

to
to
to
to
to
to
to
to
to
to
to

8

to

do
do
pref. (quar.)
Feb
Feb 15 Feb 5
Borden's Condensed Milk, com
$4
Cleve <Si Sandutky Brew., pref. (qn.).
l"^ Feb 16 Feb 6
Consolidated Gas of N. Y. (quar.)
2S Mar 16 Feb 25

Diamond Match (qnar.)
N. E. Telep <fe Teleg. (quar.)
NUesBement-Pond, com. (quar.)

to
to

2H Mar 16 Mar
IH Feb 16 Feb
\1K Mar 18 Mar
Ih Feb 16 Feb
1\ Feb 25 Feb
Feb 16 Feb
1»« Feb 2b Feb

6
1
J

2
9

Feb

2

Mar

1

Feb 11
Feb 20

Mar 31
Feb 15
Feb 15
Feb 28

Maris
Maris
Feb 14

Mario
Feb
Feb
Feb
Feb

16

26
16
28

Also declared l^a per cent payable June 17.

—Attention is called to the offering by Otto E. Lohrke,
Rosen & Co. of the Chicago Cincinnati & Louisville 4)^ per
cent gold bonds. The bonds are jointly guaranteed by the
In Cincinnati Hamilton & Dayton and Pere Marquette.

^r

of the last

218,934
1,162,08P

l,4e3,22.<i

t

addition to the other tables given in this department, made
ap from weekly returns, we give the following figures
hhe full months, also issued by our New York Custom House.

months

741,92.'

2.664.7e>

67%

Price i>er share.

The

174,926

«
812,464
636,286
8,683,058
19.278,679
41,678.667
880,662
535 552
8.Si83 082

772,309
155.369

160 H
141
23

32%

96ifl
162ifl

Exvortt.

1904.

I

23

sm

71

100
138

4416
8158

124 98
IOOI3
3II4

31

51a

88)fl

814

70

99>fl

36%

8II4
ISaifl

90''e

321^

152i«
45 !«

95

539

36

160%
45%

70

,

6i«

638

«
S89,40t

267,674

London

t^

Anaconda Mining

Imvortt.

1903.

1905.

Thurs.

27IB16
8888

1901.

r-8toek

week ending Feb.

d.
per ounce
^713i^
8fclli6 88I2
Con80l8.,new, 2i« p. cts. 889,8
8811,6 8813„ 88181,
For aocoant
8fa9ie
Fr'oh rentes (In Paris) fr. 98 42J4 98*62>« 98-82H 98-82»«
9138
9078
90%
....••.
Spanish 48
V!8J«

4,019.112

Marketa— C«r CaMe.

are reported by cable as follows for the

Exvorta.

1903.

.Tone
July

Supplementary—

*

ImvorU.

8U.VXB-N1W YOEK

2,603,304

—

$1,000,000
Capitalstock
570,398
Surplus fund (book value)
do
do (market value) (573,135)
4,832,422
Gen'l deposits payable on dem.
322,403
Due trust companies
287,793
Due b^inks and bankers
8,387
Other liabilities

583

The imports and exports of gold and silver for the twelve
months have been as follows

Windsor Trast Gompauy (New York).
Bonds and mortgages

:

.

THE CHRONICLE.

4, 1905.J

Liabilities

:

.

f
15,616,118
16,278,475

829,863,864 598.184,249 504.833.167 515.708,21!- I70,296,79i 172,470,726

Aaction Sales.— Amon? other securities the following not
regularly dealt in at the Board, were recently sold at auction
By Messrs. Adrian H. Mailer Son

&

:

Stocks.

stocks.

10 Singer MfK. Co
680
8,508 Tidal on Co.$16 lot
9,S98 Bookwalter Steel &
10 Oorpo. L qnldatlDg Co.,
Iron Co
com
$100 Int
$22 lot
i,965 Knlskerbooker Labrl.
15 South. A Atl. Teleg. Co..l05»e
Oil Co
75 American Surety Co.... 199
$1 ea..$5 1ot
lOTtffc, Weller Co.,pref... 65
4,166 Boston & Indiana Lab.
on Co
$1 ea..$7 lot 100 Internat Bank'g Corp. .155
lOON.Y. atandaid old MIn.
35 United Wine & Trading
$1,175 lot
Co
$1 ea..ifi5)ot
Co
Bonds.
20 Amer. Exoh. Nat. Bank. 275%
54 Merchants' Nat. Bank 180% fPOO Harlena Olub of N.Y.2d
246 MechanlCB' Nat. Bank. .307
tB, 190S>, Feb., 1901, cou$25 lot
10 Hanover Nat. Bank
529
pons attached
$13,f 00 So.Eieo.Seour. 1
40 N.Y.Plate GJaes Ins. Co. 260
100 Century Realry Co
Co Ist ooll.tr.5i',0ci.,
146
$7,105 95
ISOi. conpona on
2 Mitohfli-VaDoe Co
!05
67Ja 80. Elect. Seour.
23 Westchester & Bronx Tl
tie <fe Mort. auar.Oo....l67%
Co. stock
,$2,500 Corp.of Cham.ot Com.
20 Nat. Bk. of Oommeroo..229
of N. Y. Bldg. Fund subpc.
35 N. Y. Mort. & Beo. Co...
I

)•

noncatn. Iccome bond
48*fl
$1,000 B'klyn City BR. Ist
106»«
cons. 59. 1916 4>. J&J
$117,000 Nassau Co Gas Co.
'04, cou
1 Bt 58, 1933, Deo
on
$5 to $35 per bond

166%-170
140 Manganese Steel Safe
Co.. oomnaon
5 6
540ie
25 National Park Bank
91 John Ereklne & Co., pref.

,

$2,000 lot

£0

Title Guar.

& Trust Co

.6501*

1

THE CHRONICLE.

5^4
Sew Kork

City Clearing Uoase Baaks.— Statement of
condition for the week ending Jan. 28, 1905, based on ayer-

&gQ of daily

resiilts.

We omit two ciphers (00) in

BAN-KS.

Capital.

Loans.

Surpltis.

all eases.

Specie.

LegaU.

Merchants'
Mechanics'.
Anierica

Phoenix

...

City

Chemieal ..
Merch. Ex

.

(iallatin

But.

& Drov

Mech.&Tra.
Green wlcli
Ajner.Kxch-

Commerce..
Mercantile
Pacific

Chatham

...
...

People's

N. America

Hanover

...

Irrlng
Citizens'

..

Nassau

Mar.A

Fult.

Shoe<feLthr.

Corn Exch
Oriental

.

...

Imp. <& Trad
Park
East River
Fourth
Second
First

N.Y.Nt.Kx.

Bowery ...
N. Y. Co ...
German Am
Chase

Ave ..
German Kx.
Fifth

Germania

..

Lincoln
Garflftld.

Fifth

Bk. of Met..

West

Side..

Seaboard

..

IstN.Eklyn
Liberty
N. Y.Pi. Ex

New Amst.
Astor

L

T

Deposits Se.

$

$

2,556,6 19,395,0
2,471,2 S 1.205.0
1.407,0 15,603.6
3,275,6 22.271,0
3,641,3 2o,813,ff;
3.309,0
265,8
17,397,9 176.911.8
7,644,1 26.601.6
6,339,0
356,4
9.08JMJ
2,238.0
1,953,3
121,3
4.748,0
384,6
3,663.2
637.7
4.266,6 28,710,7
11,629,6 H50.035.2
4,:}36,8 24,738.9
3.2S7.3
631,7
6,189,3
1,057,8
418,0
2,069,1
2,0il,8 17,467,0
6,648.6 49,893,8
6,784.0
1,039,0
679,6 16,952,2
323,1
8.118.7
8,608.3
1,299,2
381,2
7,476.3
3,298,7 29,793,0
7,418,4
1.096,9
6,607.1 24.799,0
7,091,1 72.886,0
1,196.7
99,5
2,935,0 20,965,7
1,462.6
9^86,0
16,'.;40,1 105,941,8
8,389,2
890,3
3,099,0
772,1
707,1
8,970,1
4,l;;9,7
642,7
4,175,2 46,509,2
9,687,5
1,797.4
2,355,1
697,9
2,i;39,9
879,4
1,362,1 14, .542,8

2,000,0
2,050,0
2,000,0
3.000,0
1,500,0
1,000,0
25,0O0,O
300,0
600,0
1,000,0
300,0
70\-,0

600,0
6,000,0
25,000,0
3,000,0
422,7

450,0
200,0
2,000,0
3,000,0
1,000,0
2,550,0
500,0
1,000,0
1,000,0
2,000,0
750,0
1,500,0
3,000,0
250,0
8,000,0
300,0
10,000,0
1,000,0
250,0
200,0
750,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
250,0
1,000,0
200,0
500,0
300.0
1.000.0
1,000,0
600,0

350,0

$

$

1,234, ti

7.3iil,9

402,7

2.571,1

1,440,'2

9,45L2

611,9
1,430,8
693,0
2,011,8
491,9
549.0
607.2

3,419,0
15,062.0
3,841.0
11,435,7
6,272,9
5,791,0
4,708.0

1,946,0
2,241,0
1,395.3
3.30O,u
2,528,7

3,486,0
8,6.'i9.0

4,284,6
2,^65.0
4,95.1,8

P.O.

$

19,486,0 27-8
."H.678.0 28-1
20.'.i71.8

23,548.0
29.136,8
2i'5.0
2.734.0
10.888,8 191,7/9,0
2,026,7 26,0 16 6

•JSO
26-4
25-6
26-8

5:6.0
33 1
52.685.7
30-1
6,834,4
60-', 1
7,090,1 26-6
1,284,9
615.5
7,188.6 25-6
1,245,0
b3,9
466,5
2,468,2 'i-2-'i
632.0
667,0
5,320.0 24 4
3,420,11 23
515,2
272,4
3.516.4 2,546,8 22,073,8 27 -4
22,215.9 15,2^0.2 149.5ii0,4 25
4.i;4i,i'
1,405,3 22,156,4 23-4
4,026,'.^ 23-/
603.2
45 L 9
6.862.2 32-3
952.7
1,266,7
641,1
273,5
2.738.7 33-4
2,H50,3 2,0-28,
17.103.1 25-5
10,762.4 4,542,3 60.66'.',1 2.V2
6.193.0 23-1
7 138,6
666,3
8,945.2 l,5v8.3 21.027,4 26
332.1
3,789.7 21-6
483,1
7.304,St 33-2
1,670,2
757,2
484.:-!
2.2.11,4
10,170,8 26-6
5.008.0 4.07-2,0 36,-298,0 25
2.54'i.l
8,641,4 3.< 9
387,6
4.218.0 1,510,0 22,586,0 25-3
16,115.0 7.156,0 85,484,0 2V-2
271,5
194.1
1,525.4 ;{05
3,697,6 2.f81.0 23.647.1 25-6
795,0 2.357,0 10,678,0 29-5
21,921.3 •2.773.7 100,662,0 24-5
7,947,S 26'6
451.8
1,680,2
411,0
349,0
3,598,0 2 11
917,7
458,8
5,716,4 24-1
ll"7,8
827,2
4,166,8 24-6
12,32(i,4 1.830,9 55,473,9 25-5
2,388,0
357,7 10,6.^2,7 25-/
240,0
3,946,6 28-2
875,0
452,1
5.463.2 22-9
801,2
1,617,5 2,374,8 16,181,9 24-6
1,822,8
7,739,6 27-2
284,4
638,e
163,2
2,779,5 25-2
1,774,7 1,123,4 11,415,8 25-3
613,0
4,019,0 •26-7
421,0
3.207,0 1.704,0 18,063,0 2V-1
542,0 1,020,0
4.507.0 34-6
•/;49,()
2,523,5
10,203.3 27-1
1,084,9
411.8
5,857,4 25-6
1,413.7
500.6
7,249,6 264
784,0
324,0
4,605,0 24-0

Total... 115,972,7 135,961.4 11166432 231,526,2 92,911,6 1X8982S6 27-2
t

t

United State

Total

City, Boi<ttou and Philadelphia Bankg; Below
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 non-member banks.

a

summary

Capital dBAXKS Hurplus.

Loans.

ciphers (00) in all these figures.
Specie.

Legals.

De-

Circu-

posits.f

lation.

Clearings.

s've.

$
Bk. of X. Y.

—

New York

is

We omit two

OOb omlttett

Manliat. Co.

[YOL. LXXX,

3

deposits included,

\

20,968,40 0.

s
N.Y.
$
Jan 7 251,455,2 106974 27 203,684.0 85,216,4 11091686 43,172,4 1,855,423,8
Jan 14 251.455,2 10613368 215.591,4 8H,657,9 11191601 4;-i,020.1 1,776,528,7
Jan 21 251,924,1 10988115 224,029.8 90.657,8 110381.5'^ 42.950,7 1,023,996,4
Jan 28 251,924.1 11156432 '231,525,2 92,911,6 11898286 42,882,'21 ,607,71»,8

Bos.

Jan 14 52,635,4 189,180,0
Jan 21 52,635,4 189,938,0
Jan 28 62,635,4 190,196.0

20,112,0
19,624,0
19,337,0

7,079,0 227,562,0
7,190.0 229,547,0
7,033,0 221,588,0

7,378,0
7,346,0
7,527,0

152,861,3
157,088,8
126,974.1

258,690.0 11,956,0
26'2,lO8.0 11,908,0
260,377.0 11.930,0

128,95 1.«
142,394,4
122,753,4

Phila.

Jan 14
Jan 21
Jan 28

48,167.1 213.792,0
48,167,1 214,065,0
48,167,1 214,271,0

69,037,0
72,785,0
7-2,314,0

Including for Boston and Philadelphia the Item "due toother banks,"
and also Government deposits. For Boston these Government deposits
amounted on Jan. 28 to $3,391,000 on Jan. 21 to $3,364,000.
t

;

—

Imports and Exports lor the Week. The following are
the imports at New York for the week ending for dry goods
Jan. 20 and for the week ending for general merchandise
Jan. 27 ; also totals since beginning first week January.

FOREIGN IMPOBTS.
^or week.

1906.

Dry Goods.
General Merchandise
Total.

Since Jan.

1904.

1902.

$2,891,196
9,721.261

$2,663,414
9,430,976

$3,740,964
9,414,614

$2,523 264
8.846.045

$12,612,467

$12,084,390

$13,166,478

$11,369,309

$12,765,874
41,0b9,045

$10,991,936
83,832,236

$12,627,202
33,588,939

$10,968,618
83.116,561

$53,834,919

$44,824,172

$46,116,141

$44,075,177

1.

Dry Goods
General Merchandise
Total 4 weeks

The imports of dry goods
in

1903.

for

one week later will be found

our report of the dry goods trade.

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Jan. 30 and from January 1 to date.
EXPOBTS FROM NEW YORK FOE THE WEEK.
,

For the week
Previously reported..
Total 4 weeks

1905.

1904.

1903.

$11,029,911
30,18(.M62

$10,050,822
32, 559, '296

$11,692,984
82,906,427

$9,204,493
27,184,231

$41,210,073

$42,610,118

$44,499,411

$36,388,724

1902.

Note.—As the figures of exports as reported by the New York Custom
House from week to week frequently show divergence from the monthly
totals, also compiled by the Custom House, we shall from time to time adjust
the totals by adding to or deducting from the amount "previously reported."

The following

table

shows the exports and imports of

Non-Member Banks.— The following is the specie at the port of New York for the week ending Jan.
/
and since Jan. 1, 1905, and for the corresponding periods
Btatement of condition of the non-member banks for the 1904 and 1903.
week ending Jan. 38, 1905, based on average of daily results.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK
Reports

ot

We omit two

•'

ciphers COO) in all eases.

KXPORTS.
Deposit with
i

BAITKS.

Capi-

^t/**.

00s omitted.

tal.

plus.

Leg. T.
Net
8peeU. <tJiank
Clear'
other Deposits
Notes. Agent. Bks.&c

invest-

ments.
'

$

Wash. Hgt»
Century ...

180,0
100,0

Chelsea Ex.

10(1,0

Colonial

Columbia ..
ConsoL Nat.
Fidelity
I4th Street.

Oansevoort.

Hamilton
JeOerson
Jlklt.

..
..

Morris

Mutual
19tli

....

Ward

Plaza
Birerside

.

..

State
12th Ward
23il

Ward

.

..

Union Exoh
Uuilert Xat.

Yorkville ..
Jiorouyhol

141,1
05,9
62,5
264.8
318,6

$

iR

647,6
569,0
400,9

100,0
300,0
1.000,0 1,04-2,7
126,2
200.0
120,5
100,0
89,3
200,0
140,4
200,0
400,0 328,9
114,4
260.0
221,7
200,0
216,9
200,0
253,0
100,0
109,3
100.0
767,2
100,0
126,5
200.0
111,6
100,0
750,0 526.2
160,2
1.000,0
29a, 9
100,0

2,720,0
5,346.0
3.634.6
872,1
2,086,0
1,»32,3
3,526,0
2,482,0
2,411,6
3,061,3
2,56d,a
8,233,0
1,276, V
7.610,0
1,772.0
1,510.7
4.042,7
2,219.0
2,199,5

96.2
350,4
172,9

1.786.7
2,357,5

68.5.6

3.582,8
7,478,7
1,327.9

15,3
16,9
23,9
76,3

276,0
278,6
18,0
114.1
14.4
175,9
13.7

149.8
25,0
30,0
ld9,0
19,6

433,0
60,0
66,4
96,6
273,2
38,9

$
28.5
27,3
29,2
219,7
179,0
43,0
61,8
97,8
162,0
114,6
113,8
95.2
283,0
218,2
196,0
97,2
211,0
168,0
145,3
239,9
56,8
253,9

$
112,2
43,8
56,1
310,1
362,0
307,^
67,4
462,2
193.0
128.1
218.2

$
60,0
164,8
479,0
3,6

225,0

895,8

30,0
86,8
310,0
78,7
56,7
56,9
209,6

73,u
99,6

224,6

2.55.7

110,0

33-2,0 1,433,0

163.0
142,2

•»•*«•

224,8
812,4 1,0333
86,3
201,4

116,6

$
661,6
582,4
690,5
3,485,1
5.461,0
2,226,6
869.7
2.789,0
2,105,2
3,985,4
2,486,7
3,092,1
3,146,5
3,045,2
8,303,0
1,552.1
9,494,0
2,165,0
1,962,7
5.354,8
1.359.9
2,616,3

Jiroolclyn.

BoiouGih

...

Brooaway

200,0

.

150,1)

..

8000

Brooklyn

Mfra.'Nat..
Mechanics'
Mercliauta'.

^nal

I

Nassan Nat

lOL j
soX'o

Nat. City

..

30(y,0

North Side.

100.0
100,0

Peoples
17 th

Ward

.

loo.;i

Sprat'ueNat
union.
Wallabout

200,0

.

20U,i)

100,0

.

469,2
63,0
773,7
571.6
169,7
181,8
95.3
239,3
113.6
94,0

1.09-s.i

6.n4."-,0

3,282,0

1301,1
1,6.")0.6

704.8
1,379,0
l.l'-O.l

803,0

24,3
17,6
112.2

301.0
246.9
28.2
200,0
147,0
19,0
79,6
13,1

140.0
42,8
44,6

106,7
179.9
61,3

05,8
257.0
316,3

1;.0,2

690.

613,9 1,249,3
>-2,7
122,0
7ti3,0
415,0
361.0
7 78,0
35,3
74.8
133,6
75,6
60,9
40,5
22.i.o
25,0
85,6
121.9
31,:i
22,6

67,9

1,801,3
2,432.8

122,0
61.4
101,1
59.1

2.0*28,4

27,(1

173,0
161,6
141.1
13,9
35,0
353,8
61,8

4,288,1
9,501,6
1.517,6
6,791,0
4,199,0
1.382,0
1,874,4
(167,8

1,313,0
1,493,6
787,1

Richiriond.
l8tNat.,S.t.

826,1

60,4

400,0 1,077,7

4,392,4

183.9

260,0
250,0
200,0

661.9
141,9
293,9

2,206.8
9;m,5
1,243,2

86.0

110,0
125.0

643.-4

2,392,3
1,270,7

100,0

116,6

10,(»

131,3

800,7

JbuskyCitv
ilrst Nat...

847,6 1.442,1 1,160,0

6,169,2

66.3

368.0

01.9
46,1

17,2
67,1

2.;9.0

140,6
10.3

618,1

4.9

2,044,1
1,013,4
1,774,4

193,4
42,3

26.3
46,1

199.2
88,5

672,
66,8

2,S75,5
1,258.5

Co

National

.

Second .Vat
Thu-d Nat..
lIonOKKK.
FirstNat...
Second Nat.

160,5

1034260 4.4r;9,r, 6,980.4 12''v.74 8,192.6 1171312
Tot. Jan 2 102370 12567(1 103665 4,654,0 6.073.4 I3:i6i;2 .<.205.6 118:^245
Tot Jan 14 102370 127677 1038807 4,683,7 6,301.4 112043 8,677,7 1202682

Tot

.Tan

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

IJIPOBTS.

Hince Jan.

Hee/c.

1.

Week.

Since Jan.

$1,500
8,032,548

$4,2841428

1.
*

...........

'16.600

27 i' 41
7,000
4,000,000

$3,484
1,650

$6,625
7,171
111,868
4,450

$4,545,028 $12,312,460
263350
4731634
82,934

$23,851
36,698
13,7»1

8,915,688
834,925

Mexico
Sonth America

26o',oo6

All other countries

Total 1905
Total 1904
Total 1903
Silver.
Great Britain

France

Germany
West Indies

$130,114

«73,445
273,800

$2,025,408
808,000

""495

"7;3a4

*"$9Y4

$9, obi

2"iJs",506

*i6',245

15,505
26,224

$2,656,218
4,S17,863
3,044,825

.-,11.159

Mexico
South America
All other countries

ToUl 1905

$.-^47,740

Total 1904
Total 1903

:.

1,095,276
747,880

14.704
1.244

$49,781
68,915
84.310

Of the above imports for the week in 1905, $2,005 were
American gold coin and $38 American silver coin. Of the
exports durmg the same time, $4,010,600 were American gold
coin and %
were American silver coin.
Auction

Salef).

—See page preceding.

Sauliitt0

and

g^tuattciaL

Spencer Trask

&

Co.

Monthly Descriptive List of High*Crado

INVESTMENT BONDS.

Horouyho/

liuilHOD

GohU

Germany
West Indies

N. T. CITT.
Boroughs or
IdanicBr'nx

28
in

2S

10'2.170 12.n670

.

Transact a general bankino" business and execute
Steele and bond orcers upon the
New York Stock Exchano-e.
TVilliam and Pine St?., New York.
Branch Office, Albany, N.Y.

Moffat

&

White,

members New York iStock ExchaOffe,
1 NASSAU STREET, CORNER W>\_LL,

OcnlcFM in Invc§tment Securities
Tel, 98».'-6Mi)l Cortlandt.

Telaptioae Stack* a 8»e«laUr*

-

.

Feb.

THE CHRONICLE.

4, 1905.]

or

^o»*

Ditidena$ set page

following are the daily closing quotations; for yearly range

©a^jette*

^attlijers^

585

see thtra

page following:

jSj.

InUrtst

WAIiL. STREET. FUIOAV, FEB. 3. 1903.-5 P. M.
Market and Financial Sftnal ion. ~ A conspicuMoney
The
ous feature of the week at the Stock Exchange has been an
unusual adrance in the piice of several high-grade railway
shares, some details of which may he found in our review of
This advance is the result of
the stock market below.
definite action by the officials of one of our important railway systems which is nnderstood to be a step towards a
concentration of management and executive adtnioistration
of its auxiliary lines, and shows the favor with which such
action is regarded by investors. Among other influences
•which have stimulated higher prices are the favorable condition of the anthracite coal trade, reports of railway
earnings, the general industrial situation and continued lowrates in the money market
Moreover, it is becoming ap
parent that if Congress should grant new power to the
Inter-State Commerce Commission to fix railway rates, it
will be done in disregard of the wishes and judgment of
prominent business men in this and other financial and
industrial centres. There is evidently a strong belief in
Wall Street that such power will not be granted The export
gold movement has increased in volume, amonnting for
the week to $11,130,000, including $2,000,000 to Cuba.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 1% to 3 p. c. Today's rates on call weie l^Cggi^p. c.
Prime commercial paper quoted at 3i^@4 p. c. for endorse-

PtHoAs
Is, 1980

registered

18,1980

oonpon

-Jan
-Jan

Si, 19S0,sinaJ.registered
oonpon
Is, 1980. small
registered
Is, 1918

Is,

1918

4e,
is,
Is,

1907
1936
1936

Jan.

Jan.

Feb.

Feb.

3U

Feb.

31

I

3

3

'104 ig ^104i» 104 la
'104 'a
04 "a 'I04>a

104 Vi 104 >« *104ia
104 >a 104 S *104»a

a

-Fet *103»4 *103»« 103»4 • 103*4 *103»4 * 108»4
-Feb *104»s *104's a'i4«» 'X 3»4 *103>4 *103»4
•Feb
-Feb *ic4>» *i04i,
•lb3>« *i08»9 *u'3>i
-Jas ^loevj *105'a '105>9 ' 10519 -106>2 *106>9
*105i,
•106
-Jan
»i
•106 >« *105i« *106is
-Feb *130>« ISOHj •IHOS •1801a 130 !» ISOi^
-Feb •lai^a *181>s 'ISl^al *a;J0>« *180i3>180i«

ooTipon
Is, 1918, small. registered
ooQpon
Is, 1918, small
registered
4s, 1907

ooapon
registered

coupon

'TUliU the price bid

Jan.

at the

morning board; no («<« was made

Eailroad and Miscellaneous Stocks. - The stock market
is again more active, the transactions averaging well above
1,000,000 shares per day. The market as a whole has been
decidedly strong, while several issues made an unusual record. Conspicuous amojjg the latter was St. Paul & Omaha
common, which at its highest was 45 points above last week's
selling price, and the preferred 35 points.
At the same time
North West, showed an advance of 22l.< points, and other
Vanderbilt stocks were strong on official changes which
will bring subsidiary lines under more direct control of the

New York

Central management.
This movement carried
"Big Four" and Peoria & Eastern up 7K points Naturally
there has been some reaction from the extreme advances
noted above. The anthracite ttrouphas been notably strong.
Reading led the railway list in activity and steadily advanced. Lackawanna moved up 18 points on bids which
ments and ^%@A}4 p. c. for best single names.
brought out a limited number of shares. Central of New
The Bank of England weekly statement on Thursday Jersey has added 6 points to the
previous high record. Of
showed an increase in bullion of £1.108,427 and the percent- the less prominent stocks, Kansas City
Southern preferred has
age of reserve to liabilities was 52-i:)5, against 50-43 last week, advanced over
7 points and Pere Marquette 5 points.
Pacific
the discount rate remaining unchanged at 3 per cent. The
Coast issues have been unusually active on a demand which
Bank of France shows an increase of 8,0)0,000 francs in carried the common
up 15 points.
gold and a decrease of 875,000 francs in silver.
As may be inferred from the above, railway stocks have
KBW YORK (IITT '1».»A RIN<J-HOfi(<C SaNKH
IHfftrtnm

1906
28

/ro«t

JtLn.

iyt4

1903

Jan. 30

Jan. 31

S

IIS.973.700
136.951,400

Oftpltkl

116,673.700
133,180.100
Iioani A dlsooonts l.lie,e48 200 1*0 16,831,700 904,662,100
01io«latloiL
42.882,230 Dec
68,600
42,789,000
Net daposlta
*1,189,828,600 Ino 26,013,4)0 1,023,943,8)0
Specie
2S1 626.300 Ino 7,495,400 205477,600
Legal teBders
92.911,600 Ino 8,263,700
76,637,6)0

183.672,000
78163 600

Beserve held
If p. 0. et deposits

260,825,600
232,044,726

Inrpliu

834,439,700 Ino
297 467,150 lao

9,749,100
6,6U3,860

381,116,000
356,986 950

102,261,930
121,964 8)0
904,610,700
46,194,900

93I,77«.9M

Surplus reserve
26,979,660ilne 3,246,750
35,129,060
27,880.776
' f20,968,4)0 Onlted tjc*tee deposits inolufied, sgAlnst
$20 9S1 800 last
week and $36,899,000 the corresponding week ol 1904. WUh tbese
Ualted States dipoaltsellmtnatcd.tneaarplne reserve would he $32 221.660
,o»v
*
•nJan. 28, and $28,979,260 on Jan. 21.
Nora.— Betarnsof separate banks appear on tli e preoedlng page
,

Foreign Exchangre.— Influenced by an urgent demand for
remittance and by a scarcity of bills, the foreign exchange
market was strong this week.
Gold exports to Paris,
$9,131,424

and

to

Cuba

$2,00i>,000.

To-day's (Friday's) nominal rates for sterling exchange
were 4 86@4 86i^ for sixty day and 4 88i^@4 89 for sight. Today's (Friday's) actual rates for sterling exchange were 4 8575
@4 8585 for long, 4 88@4 8810 for short and 4 8835*
4 8845 for cables.
Commercial on banks, 4 8540@4 8550, and

documents for payment, 4 84^(34 8580. Cotton for payment,
4 84^^@4 85; cotton for acceptance, 4 8540@4 8550, and grain
for payment, 4 8r.70@4 8580.

To-day's (Friday's) actual rates for Paris bankers' francs
were 5 17i^@5 l(}^t for long and 5 15:t:@5 15 for short. Germany bankers' marks were 95@95 l-lGf for long and 953.^
@95 5-16f for short. Amsterdam bankers' guilders were
40 3-16tta40 3-16 for long and 40?^1[@40 7-16* for short.
Exchange at Paris on London to-day, 25 f. 15J^c.: week's
range, 25 f 15^c. high and 25 f 13o. low.
The week's range for exchange rates follows:

so largely absorbed attention as to leave the industrial list
background. United States Steel and Amalgamated
Copper are the only issues in this group which can be rightly
called active. The former have been unusually steady and
the latter, with Anaconda Copper. Col rado Fuel
Iron,
American Sugar Refining and General El ctric, has advanced
moderately Consolidated Gas lost part of the advance noted
last week, but recover- d sharply to-day and closes higher.
For (imly volume of busi-ess ste p '(jf 69S,
The following sales have occurred this week of shares not
represented in our detailed list on the pages which follow.
in the

&

Salts

tSTOOKS

Amer

Agrlcttl

Chem

60 21 Jan 23
100 eO^Feb 3
200 24 Feb 2
60 80 Jaij 30
610 95 Jan 30
'0 155 Jan 30
lOi)
97»«Feb 3
3U0
^ Wan 30
100 UOi^Feb 2
22 170>sJan30
100 9
Feb 1
400 1118 "sFeb 1
310 44HiFeD 2
100 102 Feb 1
SOO 72 Jan 31
100 1-70 Feb 1
SO 104 Jan 30

Prelerred

Preferred

pf..

Assoc Merchants. Ist prt
Buff Roch

&

Pitts rights

Canadian Pacsubrects..
Chic R I & Pacific
Cleve Lor & Wheel

I

Preferred

W

Ft
<fe Denv C, stmpd..
Beneral ChemiCiil, pref..

Homestake Mintng
Horn Silver Mining
lU Cent leased

Nat B:nan

<»

lines stk.
-ii^miJing.. 1,100

100
411

QnicksUyer Mining
Preferred
Securities

111

Range

1f*4k

tinee Jan. 1.

Jan 2> 20 Jan 21^ Jan
89"*Feb 3 »»i«Feb 8n>»Feb
24 Feb 2 24 Jan 24 Jan
80 Jan 3u 77 Jan 80 Jan
99>4Jan
95 Jan O^i^Jan
15a .Ih. 30 14 634 Jan 156 Jan
OT'.Feb 8 9d Jan 97'«Feb
5^ Feb »
6 Jan
61^ Feb
l40*«Feb 2 HgiaJan 140'»Feb
21

n

170i!iJan3

no-vJan
Jan HO Feb
Jan 1(19 Feb
44 Jan 46»2Feb
til's Jan lo2 Feb
71 Jaii
3 Jan
1-70 Feb 1-7) Feb
104 Jan 104 Jan
l70><iJai

90 Feb
119 Feb 3
4e>9Feb 3
102 Fet 1
73 Jan 28
1

l-^O

Feb

104
19

Jan3(
Fe^ 1

42

Feb

1

79

1

6

I

18i«J»n 23 Wan
42 Fel. 42 Feb
6» Jai
60'^ Feb
6(1 170\Feb 3 170»4Feb 3 167
Jan 170»«Feb
100
ISgFet
l%Feb 2
li^Jan
l^vFeb
2U0
3^ Jan 30 3^4 Jan 3u
3>4Jai.
3*«Jan

New Central Goal
NY Dock Co, pref
N T & N J Telephone ...

RE

,f<^r

Wetk

mer Beet Sugar
Amer Teleg & Oable
Amer Tobac Co (old)

Bang*

fef

Wteit JBnAing Feb.

Cent'i

stock trust certificates
BenHselaor<& Saratoga..
United Fruit Co

Vulcan Detlnning
|

18>{iJan28
42 Feb 1
eO'vFeb 2

t}0-nF«'

1

2

460 93VjFeb 1 93isFeb 1
92 Jati
flS^aFeb
100 209'4.Jan30 a09^Jan3
209\Jan J09S4Jan
100 lOei^Feb 2 lOtJHiFeb V lu6<aJan 10- Wan
100
9 Wan 23
V Wan 28
9 If Jan
10><iJaa

<lnts»«ie Mrtrfcet.- Northern Securities has again been the
dominating featu e in the market for unlisted securities
Predictions made some ime ago that the shares would sell
-Long^-Short.
-Cablet.
attrVing ActuaUat 150 were fulfilled on Saturday when the price rose to
Hlgb... 14 8576
« 4 8585
4 8806 a 4 8810
155}^, again of 5% points over the previous high record.
4 8846 « 4 8866
Low. .. 4 H650
-a 4 8566
'9 4 8780
4 8776
4 8826 9 4 8830
On Monday, on the announcement that CJ. S. Supreme Court
Pari* Banlcert' Franc*—
had
granted the petition for a writ of certiorari in tte suit
High... 16 J7',t
® 6 16T,t
6 15*
« 5 15
Low... |6 17S
of the Ilarriman-Union Pacific interests to review the deci6 l«T,t
6 16'
a 6 161
Germany Bankers' Mark*—
sion of the Circuit Lourt of App-a^s relative to the distribuHigh...
'& 96ii«
96
tion of the stock of the compaoy, the price broke from 155
®
96H
95Tiet
Low....
94i&,e
® 96
96>«
« 96»iet
to 1471^ and later in the week it sold at 146i^; to day there
Am*UrAam Bankers' SuUd»rt—
was a recovery to 1513^ and the close was at lolj^; over
High...
iC«i,t
a 408i8
iOhV,
9 40»i.'
100,000 shares changed hands during the week
Another
Less: *iieon%. ti„ofl%. t»,80fl%. Plus:
high record was
established by Interborough Rapid
iieof 1%."* i„*of'i*%.
The following were the rates for domestic exchange on Transit shares, which advanced to-day to 205 a gain
«ew York at the iinder-mpntloned cities
to-day Savannah, of 5 points over t e close of last Friday the strength
in this sioc<» was attributed t> the amicable settieme<t
buying, 50o. per $1,000 discount; selling,
75o.
$1,000 premium; -harlestor l2^o. per $1,000 premium; per
ot tlie strike question,
(standard Oil ros \Q\i points to 653
New Orleans,
Danii ouc. per $1,000 premium;
Wackay Companies stocks have
commercial, 25,;. per $1,000 and closes to-day at 650,
premium; Uhlohw 30c. per fl.OOo premium; St. Louis, 55:. been strong; the common advanced from 37 to 40 while the
per Jl,ouo premium: Sa,, Prancisco, 90c. per
preferred ran up from 73^ to lf>}^
In ernational iN'ercan$1,000 premium
tile Marine common declined from 14i.^ to 13^ and the final
State and KaUroad BrtndR.-Sales of State bonds
at the sale to-day is at 13^.^;
the prefer-ed dropped from 36i^ to
Board are- limited to $1,000 Alabama Class A at lOlJ.^.
33^^ and closes to-day at 35. Havana Tobacco common
ihere has been very little change in the tone or
character- gai »d 2 points to
36 while he preferred moved up 2i^
istics ot tbe market for railway and
industrial bonds.
poi ts to 461^
American
Tobacco common rose 15 points
United Stai-«^h Boutm - Sales of Government bonds at the to £65
Board are limited to $4,000 3s, coup., 1903-18, at 103^^, The
Outside quotations will be found on page 593.
,

.

I

•a>

I
I

I

I

I

TI

;

:

,

New York

Stock Exchange— Stock Record, Daily, Weekly and Yearly
OCCUPYING TWO PAGES

STOCKS—HIGHEST AND LOWUST BALK PRICES
Saturday

3tondak

Tuesday

Wednesday

Thursday

Jan. 28

Jan. no

Jan. 3i

Feb. 1

Feb. 2

•30
•60

87%
101

•30
* 60

36
65

87'l4

lOOSglOO'g

101

\22hl23\. 122 12c
102 102\ 101^8 ' 02
•96
6OJ4

•154
•156

97
6II4

159
160

{8H>4 89I4
I33I4 133=Si
ogi^
•68

195
48^4
4Via
82V2

•ItO
'22»8

86
651a
34I4

195

66
35

18^4
32^4

I2I3 12'B
471a 48
94^2 96

•114
2334
61'8

120
25 14

61'8
36
367e
ls-234 183^4

•335 346
•31
34
861^4
86
•23 >2 27
91*
9

44^(,

>sl3a

81^4

250

1X318
71I2

1347234

196

196

49

49

60

433^

43

4338
8234

1961^

8''8

83
143

8234

*8i2

9

321a 321^

77
*16

77

•32
35
36
•62
66
66
88 14 89 '8
88% 89
101 103
102% 103 "4
1211s 122 Si 122 122
102 103
10234 104%
97
97
97 14
97
60>.;
Gl»4
61 Si
61
150 159 •150 157
IGO 160 •160 165
-88
89 14
8914 89 14
133 13334 1331413434
69 72 •69 VI
196 19612 196% 200
491a
•42

•80
142

60% 49% 60
43% •42
43%
82% •80
83

36

37

16ht

71

•85

90
264

90
251

250

20^8 20 34,
•8938 90

8I4

8%
36% •34 Si 35 Si
77% 77% •7634 7734
1514
§16
16% 1534 15%
35
35% 35
8534
•351a 36*4
43
43 la 43'6
43% 43
44
79I4 7934
X/i»l2 80
8O34
79%
66% 66% 65% 66
65% 66%
834

9

34

35
77 14
15 12

77

43I4 443j,
8 1 '8 8212
65*8 67
•69
71

66»8 67 14

•69
*85

lol^al03
ft6
97
60=4
60
154 159
160 160
8;ii^
89

30
62

"-2

161c
36^4

43=8

3o
•62
66
87 14 88^6
101 102
12212 12212

130 143
142
*180 143
23-',
23 18 2312
23^1 24%
23% 24%
>-6
86
86
86
86
85% 85%
66 67
•65
67
67
67
67% 67%
34 7g 3534
35% 36% 85% 3638
34 la 35 V
17434 177 14 176 178% 176% 177 "T 176%177%
188 190
192 192 •187 190 *187 190
24118 245
244 219
23912 245
241 24334
257 265
262 265% •260 265
253 256
203 226
187 200
200 210
207 211
195 1^05
230 230 205 225 5210 210
I7I2
18^8
18
1S>2 19 14
ISS:
17% 17aB
3II2 3212
30^8 S2ia
30
31% SO
31
I2I4 12^8
12
12% 12% 12% 18%
121a
4712 47%
47
47 14
471a 471-j
47-2 62%
y5'-2l02i4
98 14 100%
98 102
9834 993?
•11478 120
114 76 120 •114% 120 *116 120
2538
25
2434 2534
25
2538
26
26»B
63
63 12
63
63% 63
621a t)3
63 >4
3738
37
37
37
37% 37% 38
371a
I85I4
1^314
I8234 lS3'fc
186 188 Si 187% 189
•335 345
340 346
346 360
350 3o8
3i34 31:)^
32
32
32% 82% 32% 327b
86I4 86%
8634 87
86 Si 86^2
86 '2 8V%
•23
•24
•24
27
2S
27
-23 Sj 27%

3218 321*
77
77

16
36

-fe

711-,

•130
23
233b
•84 la
86

174 'el"; 6 '4
185
226H!240
250 252
180 186
•190 20i>

}aH

160
89
133

48I4
421a
8234

8234

{l>-5

311-i

•156
*S8
133
6H
195

Wj

143

s.

9612 96^i
6038 6II4
'154 159

48^
42

•30

35
65

87I4

87-».

35

'4

69

71

69

-85
248

90
254

•85

2(iia

207g

245
20%

71
90
252

•245

90
265

21

21

24

•69
•85

•88
90
90
90
89
90 12
90
90
•89
91
90 S2 91%
158 14 I6034 a;155% 157
Hz 15812
16778 15334
2934
2934 31
3034 30 '4
3(1
30
6 6 '4 67 14
57 Sj 67 I2
561a 5612
"651a 561-3
*36
36
38
36
38
•36
38
38
82
82
82
82
82
82% 8214
«82
31I4
3118
29
30
30
31
291a 2913I
6318 65%
6334 66 14
59
64
59
58
•14
*14
17
17
14
•14
17
17
-47
47 5L
'47
51
51
•47
51
•36
39 12 4II4
39
40
40
•3713 40
'99
100 100
101 lOi
102
•99 102
• 295
295
295
•295
-56 "62" "69 "^i"
63
62% '62%
•56
13734
137 '4 138%
13612
13612
1374
V6&h>
137
170 "2 1703.
•169^4 170ii2 170 17012 I70I4 171
7612
IICI4
22«8

•130
•54
871a

98
157
32

•87
*85
157
29

76'4 7612
115=8 116

761^2
lie"-..

2214

22^8

140
61

87 "a
98

158
3216

6518 6\}
10534 106 li

140
43
221a 23

•138
43

144-'b 146'8

>«

•

130
•55
*85
97
157

23
140
60
»9

98

15778
3II4 31^8
6518 65 '4
106*4 107

•137

140
•4112 43
2212 2212
14512 I4714

44
45
•43
46
120 122 12
119 121
78
77
77
77
{200 'a 2001% «199'4 l!)'.)34
44 's
44
443, 45
'-2

791*

7'J3g

783*

•90
•80 12
• 100
•84
861..
'84
13634 13738 13612
3012
•29
31
9513

94
*81ia 82
•100 105
•91

77
•105

7«i4

112
871a 88
911.^ 92

•sola SH^
35^8 36
81 14 81 14

•50
•15

81

8612
i;i7i4

3012
9534

•70
79
»H;2 112
87 14 88
92
92
'87
88 12
341a
811a

70

17

•15

17

7034

17i

131

140

•54
•85

61
90

9778 98%
16776 160
3112 32%
65 11! 66
loe"* 107

140

631a 66

26
76

28
78
7012 70 78
175 177

90

90

91%

91

156%

16738

30 14 3034

•57

5734

3614

36 14

82%
30% 30%

•82

6434

•14
•47

6634

17
61

39%

99

39Si

102

295

•59 "63"
137% 137%
170 170%
77% 79% 78% 79%
115% 118
11 634 11838
22% 2238 22% 22 Si

•134

140 "134 145
62
•64
60
•85
96
85 90
9 8 Si
98
98% 101
15934 159% 160 34 161%

55

3134

31%

66%

65 7j

10676

31%

32Si

•65% 67

107% 10676 10734

•140

145 •140 150
43
41% 4238
22 la 22I2 •2214 23 Si
22% 23
14634 149 14 14734 149
14734 149%
46
4634
45
12
461a
45% 46
120 126 116 120 112 117%
7Ui2 82
79
a;78
77% 77 Si
200 200 12 «200% 201 •200 20034
43'-^ 44
4334 443b
4334 44 14
140
42

i!42

78% 79%

40

79% 79%
94

94
82
100
86

94
84
105
86 la

105
87

91 Si
106
92

136%

1383,

13734

138%

31I2

31
97

9734

78*4
• 102

79
108

87%

883<

92

92
88

87 12

31% 35%
8212

•50

28
78

12

105

70

'b3hi 66

•26
•76
70 Vj
•171

7J38

95

7512 771*
11434 116
22
2214

71

•82
•60
17
68
27
77

83

70

94

84%

•33% 34
98

99

79% 79 Si
102
88
92
88

34%
8O34

•60

108
8934

93

Si

13734 1:19=^

•33
99
85
79 Si
108
89 '4

34
101
85
82

108
9234

89

36

Si

81%

'2

9512

8834

9038

34% 35%
8O34

81

70

•60

70

•I6S2
57

1734

1734

5812

58
28 Si
78

78%

58
28 Si

71% 72 12
178

9634

106% 100

92% 94

17

29
77
7078 71 14
178 178

95

J95
91

93

1734
la

79% 79%

178

28
783,
7134

•170

SS'ii.

2834
7834

72%
178

STOCKS

NKW YORK

Friday
Feb. 3
•32
•62

Sales o)
the

STOOK

EXCHANGE

Hange yor Tea/r 1905 Range tor I'reviovt
On basis 0/ 100-share lots
Year (1904)

Week
S/iares

Highest

Lowest

Lmcest

Railroads.
Arbor

Ann
Do

36
66

Highest

ny

Nor
Not
Nor
87"^ Jan 104% Not
104% Feb 155% Not
Deo
7278 Mar 105

84
25
}49S4J1ie 66
64 Feb 8914

pret

87%
Atch. Topeka & Santa Fe. 81,958 84% Jan 25
102 14 102%
42,800 99 Jau 25
Do prel
2,200 120 Jan 25
121% 122 Atlantic Coast Line BK
111,140 100% Jan 25
104% 105% Baltimore <& Ohio
{97
605 9534 Jau 12
97
Do pref
30,861 58%.Ian 25
60% 6138 Brooklyn Rapid Transit
150 157
154 Jan 25
Bultalo Boch. <& Pittsb'g.
200 159 Jau 6
160 165
Do pref
•88
316 87% Jan 4
89% Buffalo & Sosqne, pref,
62,800 13034 Jan 25
134% 135 / Canadian Pacific
•09
V vanada Southern
71
4,500 67i8Jaull
19934 205% Central of New Jersey... 10,4.50 190 14 Jan 3
61,050 46=8 Jan 26
60% 50=1 Chesapeake <fc Oliio..,
41% 43% Chicago <& Alton
4,300 40%Janl
•80
600 80 Jan 25
83
Do pref
100 142 Jan 21
130 142 Chicago & East. 111., pref.
23% 24 14 Chicago Great Western. 111,950 21 78 Jan 25
•85
400 85 Jan 24
87
Do 4 p. c. debenttires
67 14
700 66% Jan 28
67
Do 6 p. c pref. "A'^..
36% 36%
Do 4 p. c. pref. "B". 15,000 32% Jau 25
176% 17734 Chicago Milw. & St. Paul. 219,111 171 14 Jan 6
770 18212 Jan 13
189 I89S4
Do pref
241 242 Chicago & North Western 41,620 205% Jan 6
•255 265
2,600 234 Jau 13
Do pref
207 207 Chic. St. P. Minn- <& Om 14,494 150 Jan 6
650 196 Jan 17
205 205
Do pref
734 Jan 6
1734 Chicago Tenn'l Transfer. 12,941
17
14,460
17 Si Jan 4
80
31
Do pref
13
13% Chicago Union Traction. 28.900 9%Jan 3
16,290 89% Jan 7
61
64
Do pref
99% 997g Cleve. Cin. Chic & St. L. 24,700 90 Jan 14
115 120
n20 Jan 7
Do pref
26^^ Colorado & So., vot. trust 33',575 2214 Jan20
26
63% 64
Do Ist pf. vot. tr. cfs. 2,400 60% Jan 11
88% 39%
Do 2d pf. vot. tr. ctfs. 11,160 35% Jan 18
73,200 180% Jan 25
188 194% Delaware <fe Hudson
2,125 335 Jan 25
35734 358
elaw. Lack. & West'n.
33 14 Denver & Rio Grande
1,200 30% Jan 27
33
6.200 85 Jan 23
87% 8836
Do pref
•23
23 Jan 16
27 Des Moines <fe Ft. Dodge.
7% 812 Detroit South. vot. tr. ctfs 5,026 6 % Jan 3
•31
35%
Do pref. vot. tr. ctfs. 3,100 31%Jau26
1.295 76 Jan 2
*761h 7734 Detroit United
14% 15'e Duluth So. Shore & Atl.. 6,200 12% Jau 12
11.765
25 Jan 3
31
35
Do pref
446,520 37=8Jau 3
44
44% t?xiG
42,504 75%Jan 8
80% 81
^Do Istpref
21,375 65% Jan 3
66
66%
Do 2(1 pref
•69
68 Jan 10
71
Evaii.sv. & Terre Haute..
•85
90
Do pref
600 236 Jan 4
260 250 Great NortUem, pret
84 Jan 12
Green Bay&W.,(ieb. cif.A
625 17%Jau 6
223, 24
Do
deb. ctl. 13
1,200 86=6 Jan IS
90% 91 Hocking Valley
1,700 90 Jau 18
91% 91%
Do pref
48,706 16234 Jan 26
156% 157 Illinois Central
7,100 29 Jau 30
30% 32
owa Central
1,900 65 Jan 6
67% 68%
Do pref
100 36 Jan 23
•36% 08 Kanawha & Michigan..
700 81^4 Jan 26
82 82% C.Pt.S.i&M.,tr. Ota. pfd
30
Kansas City So. vot. tr. .. 21.700 27 Si Jan 7
31
Do pief. vot. tr. ctfs. 83,900 52 Jan 3
65^ 67
•14% 18 Keokuk ife Des Moines...
•47
Do pref
61
•3S% 40 Lake Erie & Westeru... 2,125 36 Jau 11
300 lllO Jau 30
99 102
Do pref
J290 Jau 20
300
L. Shore & Mich. South'n
6,7iJ5
56 J.au 20
60
65% Long Island
al34%
27,650
Jau 26
Louisville
NashviUe...
<fe
137% 138%
5,090 05 Jan 3
170 17038 Manhattan Elevated...
Jan 9
etrop. Secur., sub. rec. 24,300 73
7334
78
36,900 114% Jan 9
116 117% Metropolitan Street
2118
11,400
Jau 25
22% 22% .Mexican Central
60 H.io Feb 3
5135 ]:-!5 Michigan Central
200 66 Si Jau 12
60
60 Minneapolis <& St. Louis.
100 86 Jau 19
•88
Do pref
90
100 101% Minn. S. P. <fc S. S. Mane. 15,325 89% Jan 11
148 Jan 13
4,300
Do pref
160% 161%
6,300 30 Jan 24
32
324, Mo. Kansas <fc Texas
13,100 62 Jau 10
6612 67
Do pref
127,450 104% Jan 25
107% 109 Missouri Pacific
300 137 Jau 12
145 145
Nash. Cliatt. & St. Louis
4,900 40% Jan 4
at.of Mex, nou-cuin.pf
4234 43%
1,200 21% Jan 25
Do 2d pref
23% '23 Si
y. Central & Hudson. 155,500 1413, Jau 3
148 149 14
y. Chic. & St. Louis... 13,200 42 Jau 20
46% 46%
600 119 Jan 2
Do Istpref
112 118
3,000 75 Jau 13
Do 2d pref
77% 7714
2,340 198% Jan 3
Y. N. Haven & Hartl.
20078 207
Y. Ontario & Western. 48,025 40% Jau 6
44% 45%
37,760 77% Jan 25
80% 81 Hi Norfolk & Western
1,016 92 Jau 14
Do adjustment pref.
a;y3% 94%
27,460 78 14 Jan 17
94
97
Pacitic Coast Co
SOU loo Jau 3
Do Istpref
106 Si 107
3,900 85 Jan 12
Do 2d pref
9534 97
135 Jau 26
Pennsylvania
465,493
139% 14036
4,3U0 27 Jau 26
•82
33 Peoria, <fe Eastern
1,000 77 Jan 6
Pure Marquette
300 80 Jan 11
Do pref
86% 86 Si
82 '4 Pittsb. Cin. Chic. <fc St. L.
4,400 76 J au 2 4
z82
100 108 Jan 27
pref
Da
112
"92% 95'- Reading
818,800 a;79 Jan 13
Istpref
5,700 91 Si Jan 27
93% 93%
84 Jan 6
2d pref
4 ,600
91
92
168,400 33% Jau 25
34% 353., Rock Island Company
4,
2:7934
J.au25
pref
'J
00
l>o
8234
80%
69 Jau 17
•50
70 Rutland, pret
2',370 13% Jau 13
17% 1734 St. Joseph &Gr'd Island.
2,560 64 Jan 18
5734 68 '4 Do Ist prof
27 1, Jan 20
2cl
i)ref
6,424
Do
2914
28
800 75 Jau 24
7334 79
St. L.jfeS.Fi., Isl pref
12,300 70 Jau 6
Do 2d prei
72
73%
400 175 Jau30
•170 178 '2 C.& E. I. coin stock tr ctfs
883,

i

,

I

I

;

;

i

80% Feb
103% Feb
Jan
I4
Jan
97% Feb _ 87=BFeb 961.2 001
6434 Jan 17
38 Feb 70Sj>.'f>v
159 Jan 18 II8I4 Mar 160 Oct
160 Jan 31 5135 Si J'ne 165 Oct
89 >2 Jan 23 83 Nov 89 Aug
135 Feb 8 109% Mar 13534 Oct
7234 Jan 31
64 Apr 72 Nor
206 '2 Feb 3 164% Feb 19434 Xov
50% Feb 3 28<4Mar 61 Nor
43 Si Jan 4 33 Jan 47% Not
88% Jan 4 76 Jan 85 14 Jan
125
106

24% Jan
86
6834

;

I

I

.

.

.

.

.

4

124 Feb 143 Oct
12 78 J'ne 26I4X0T

Jan 28
Jan 18

36% Feb

2

17838Jan81
192 Jan 31
249 Jan 81
265% Feb 1
225 Jan 31
230 Jan 31

Nov
Nov
% Nov

80%J'ly

90

47% J'ne

743.1

20

89

J'ne

137% Feb

177=8

Dec

Mar 18576 Oct
161%Mar 214% Deo
207 Fob 237 Nov
185 Mar 160 Nov
{165 Apr 192 Doc
I914 JanSl
6% Aug I6I4N0V
323, Jan 28
11% Aug 273, Nor

13 '8 Feb 2
64 Feb 3
102 V4 Jan 80

n2o Jan

7

26=8 Feb

I

".2

JanU

143

178

4
29

I514N0V

J'ly

May 48 S, Nov
68% May 9338 Deo
100 Feb 115 Nov
13% J'ne 243e Nov

Feb
48 J'ne
39% Feb
1778 J'ne
194% Feb
149 Mai
358 Feb _ 250% Feb
33% Jan 14 18 Mar
88% Feb 3 64% Feb
23 Jan 16 19% Jan
978 Jan 24
l%J'ne
36 Si Feb 1
2»4 J'ne
78% Jan 4 60% J'ne
17% Jan 21
6 % J'ne
37 Jan 21
9% Aug
44=8 Jan 28 21% May
82% Jan 30 65% May
67% Jan 28 33 Maj
64

64
72
Jan 28 170
Jan 13 70

Feb 2
Jan 4
93% Jan 7
160 34 Jan 31
82 Feb 3
5834 Feb 3
37% Jan 6
82% Jan 11
31 >4 Jan 31
67 Feb 8

190 <o uoc
35 1)34 Dec
3 5 7a

Nov

Dec
Deo
Jan
83 % Dec
7934 Deo
147gNoT
2S'-i Nov
89
27

1434

41=6

77

Nov
Deo

58% Deo
67 Deo
Feb 83 Nov
Mar 242 Si Deo

72%Jaal6
254
90
24
91

63 Dec
37% Nor

J'ly

Aug 86% Nov
J'ue 2034 Nov

II

60
77
12534

May 94
Mar 95
Feb 159

Dec
Deo
Deo

33

Nov
Nov

J'ne

14

32 Feb
22 % May

5'-'3.j

Dec

3S

83% Nov
8 1 "6 Nov
31 Feb 5634 Nov
lU%Jan 193a Apr
45% Apr 52 Ai>r
26 Mai 43 '4 Deo
64*8 J'ue

16 Si Feb

41 14 Jan 31
101 Jau 31 86 J'ne 105 Oct
^310 Jan 17 5245 Nov 53 00 Deo
65% Feb 3 46 May 62% Nov
142% Jan 20 101 Feb 14834 Dec
172 Jau 13 13934 Mar 169 '2 Nov
79% Jan 4 72% Mar 96 '2 Aug
121% Jan 3 10434 Mar 13U3GUCt
5 Apr 23% Nov
24% Jan 9
U35 Feb 3 S119%Feb 150 Nov
60 Jan 17 40 J'ne 6734 Jan
87% Jan 28 80 J'ly 96 Si Sep
101% Feb 8 56 Jau 95 Oct
161% Feb 2 116 May 160 Oct
33I4 Jan 18
14=8 Feb 36% Nov
67=8 Jan 18 3214 J'ne 65 14 Deo
109 Feb 3 87 Feb 111% Deo
146 Jan 19 101%Feb 147% Dec
46 Jau 16 3434 Feb 45% Nov
24% Jan 10 1678 Feb 25% Nov
149% Feb 2 11278 Mar 145% Deo
46^4 Feb 1
25 May 47 Di'O
122 Si Jau 30 101% May 115 Nov
82 Jau 31 60 J'ue 78 Deo
207 Feb 3 §18514 May .99 Oct
46 14 Jan 19 1938 Mar 4T7t,Oct
81% Feb 3 63% Mar 80 Si Deo
94 12 Feb
88 May 95 Deo
97 Feb
61 Feb 82% Deo
95 J'ly 101 Sep
107 Feb
97 Feb
61% Jau 86% Deo

lll%Mar 140 Deo
140% Feb
34% Jau 31 17 Mar 32 Sj 1)00
101 Feb 2 74%J'ne 8 >» Jan
1

87

108

May 7 9 '2 Nor
Apr 80 Deo
Apr 07 Deo
38=4 Mar 8'.'% Deo

19 S68
Feb 3 66
Jau 27 90
J

823^

,111

95% Feb

3

Fob 2 76 Mai
Feb 3 65% Feb
Jau
18 lOipMar
37%
85 Jan 4 5734 Jan
72 Jan 19 30 Apr
1734 Jau 3
9 Mai35 May
6834 Jau 21
291, Feb 3
16 Jau
7yi.i Jau 4 {61
Mar
73% Feb 3 39% Jan
179 '2 Jau 21 150 Jan

92
85

94
92

Deo
Deo

Not
86-'8 Nov
3734

7214
IS

".J

60
30
79
72

185

'4

Si

Uoc

Nor
Nov
Nov
Deo
Deo
Deo

BANKS AND TRUbT COHJF.VNIES— BROKERS' QUOTATIONS
BaoUM

SEW YOBK
America ..
1i

Amer Excli.

Hid

Ask

Ilnukx

Bid

A sic

City
290 296
Coal
Iron. 202%
Colonial I1 ... 450
Colurabiali .. 400

&

615

530

127534

Astor
Boweryl,

776
325
BntcirHife Dr 160
Century 1|.... 180
Chase
650
Chatham
320

825

Commerce... t229

330

Consolidated 14-1
G'rnKxchgeli 385
Discounlll ... 150
East Bivor.. 150
Fidelityll .... 180

ChelacaKxcK 175
Chemical
4275 4326

l.'-.2

.(95

160
160

200

Fifth Avelj.. 3450 3760
Fifth
300
First
766

Banks

Mid

Ask

Bankit

Jiid

221
160
Jeffersoni]..
Fourth
t222
520
Liberty
Gallatin
415 120
1500
Lincoln
Gansevoort'l 142 Si
Garfield
Maiden Lane 105
600
German A m1^ 170 172% Mauhattanll. 315
MarketAFul 265
German Eifl 360 :!80
Mechanics'
t307
Gixinuiii.-i'l .. 591)
620
Mech <fcTi-a11 140
Greenwich 11 225 245
Mercantile.. 280
Hamiltonii .. 170
Hanover
Merch Exch. 165
t529
Merchants'.. tl80'4
Imp ffc Trad. 595 605
380
InterboroH.. 165
162% Metropll
14thStreet1]. 300

Irving

Ask

BankH

Mid

225

MtMorrisTl.. 215
.MutUiUII

290

540

.Vassaiill

195

325

270

.

150

290
175

Now Ainstor
Now York Co
N y Nat Ex.
New York...

Ask
225
315
200
500

475
1300
200 205
316 325
lOth Wardll. 220
North Araer. 215 226
120
Northern
240 247%
Orientalll
255
265
Pacilicll

£id

Banks

Ask

285

300

Plienix

130

136

People'sT]..
Plazall

640

Prod Kxchll

175

186

Hiversidell

250
625
600

280
700

Leth. 155

160

..

Seaboard
Second
Sliooifc
St.atcli

200
190 200
120
125
2U0 216
1

34th airoet..
12th Wardll.

23d Wardll..

+540 1«
Union Exchll
Park
173
New stock.
Bid and asked prioes^ no sales were made on thU day. i l,,03a tuau 100 saaros. ; i<^'c riarnis.
^taio KiiiKi. II iCx dividend ami rii^lita.
n Sold at private sale at this price.
A Asseaameut paid.
t Sale at Stock Exchange or at aaotiou this week. < Trust Co. certificates.

OitizeuH' Ctrl 165
'

'i

t>

1

.

Feb.

1

Stock Record—Concluded—Page 2

4. 19<i5.]

UTOCKS—HJGHEtiT AND LO\V£8T BALE I'SJCHS
JHoniiau
Jan. 30

SatuT<iaii

Jan. 28

26 '8 2618
60 Ha 00

25 14 2534
61
60

'..

67 't

65^2

y7-\.

34 \

34

*120

23>2

•22

221a
•35
531a
IO7I4

36

3534

53 14
100 107

119%

>«

98 '4

23 "2

2:!i2

98
231a 25
(5934
71
2r's 22
41:! 34
44
IS
18
*45
46 k

4o^4

IS
46

26I4

25%

60

601a

1634

I6I4

64^8 66 7g
72»2
72

651^4

83111

93 "a ys^e
34
34
*94
97
•34
39
•221 22G
12
-10
IOHj
10
49 14 49

250

34
97
39
225

*93
'35
5221

85%
»180

38 v

16H;

41

16
63
141
138
•145

•III4

2214
{9514

106

205

71a

26

b5%

86^4

46

46
95

45=8

IS's 16»t
20214 2033,
•i;uH>i;^3
1934 201^4
7612
761a ""
371a 37 H
63»8 6358
7319 79
184>a 185^2
21<a 21'8
""
77»a 77'al

86^

»65

38i»

384
*86

'180

183

9934

'8

16
63

142%

22 iv
90 Vj
107

210

15%

89

*85
17

203
"20ii

76

96
107
'11
*6034

48
95
204 14
140

116

263*

61
100
7l'^

13%

137,

1<'2

102 1<
«0<4

371s
loo's

31
951

•ll'lj'fi

I19I4

183
993,
1534

154i
6138

343.

10

62

743,

73%

7434

33%
93%

33 14 3 3 '4
93
93

S414
97

36
23434
12
IOI4
48^4

34%

93

341*
97

•30

38

23434 23*3.,

U%

10% IOI4
47% 47%
7I4
6% 6%
4034
40% 41
17% 16% 17%
42

36% 36%
110

*1

734

16

62%

22%

23^4

9S

98

60%
46
85
1714

76

63
4778

95
17 14

203

145

99
108

U%

3678

63

T8ia
76^4
18534* 18518

38

86

26I4

114k

66 4i 63
78
78 4»
186 4i 1853^
20
22
77
774,
66
65
37%
38
87
92

64%

116

27 14

66
78
21
77 14
6834

39
87
55
117

267^ 2734
IOII4 10134

10034 10 H4
150 157

150 157
103 10434
43 14 44%
107 10734
36% 36 4.

3334
937a

16
69

*24i)

92 "4

42 H;
249

&

60

60

4634

47%

95

Butterick Co
Cioiorado Fuel<fe Iron...
'

Dopref

135

20

79%

76% 76%
73% 741?

5476

5479

157

4;

pref

55
117

Do

pref
International Power
Internat'l Steam Pump..
Do pref
National Biscuit
Do pre!

29% National Lead
28
Do pref
103% 10434
157 42 New York Air Brake

28

101%

150

38 4.
t8

38

86

88

116% 116% •116
27
101

Do

81

186 186% Cteneral Electric
203* 21
international Paper

70% 72
•37% 39
5434

64% Federal Mining & Smelt'g

63

20% 203.
•76% 77%

86%

764:
Do pref
3634 Distillers Securit's Corp.

76%
36%

63 66
79
79
185% 186%

Continental Tobacco, prel
Com Products

20

150

104

104',

44%
107%

44

4,

North American
Pacific

10734

MaU

94

93%

9334

94

16%

I6I4

16%

16

16 14

69

69

10% 16% Republic Iron <fc
6:t
Do pref
69

691-

94

61

61
1041

1

1

714>
37 4i

73%
3S
IOI4
731.

25%
85
125
137^,

11

814

new

eop. Gas-L.<S! C. (Chic.)

94

27% 27%

Co.,

35% 36% Pressed Steel Car
90
Do pref
90
243 243 Pullman Company
3378
SJailway Steel Spring...
34% 33%

94

94

Teleir...
.

33% 34%

97.

13%

pref

34%
~

271*

100

Do

Amer. Teleph.

146

Reliiiin'.'

95% Amer. To bao. (new) ,pf ctfs
23
24% American Wooloii
98% 994
Do pref
108 108% Anaconda Copper
204 210 Brooklyn Union Gas
11% 12
musw. Dook& C.Imp't

103 104'-.;
00 104
43% 444
43
43
107 14 107%
107 108
35% 36
33 4j 3634
91% 91% X8934 8934
91 4j 91 4i
235 245 *235 245
242 242
1

American Sugar

9434

2034

186%

1427*

16% 16% 16% 17% CoL <fe Hock. Coal & Iron.
201% 202
202%204% Consolidated Gas (N. Y.).

3334

68% 68%
26%

94

£VDo

pref
steel

...

26 14 Rubber Goods ilfg
96
Do pref
•61
61
62
SIoss-ShelBeld St. & Iron
100 IU414 100 104
'100
Do pref
1% 1%
1% 2
1% 1% Standard Rope & Twine..
72
72%
71% 72% 71%
7134
Tenn. Coal, Iron <& RR...
14
36 38 4: •36 38 4 38% 3S% Texas Pacific Land Trust
10% 10^4
lO'a 10%
Union Bngci Paper
74
Do pref
?73 474
73% 73% 74
2434 26
25% 25
25% 25% U. S Cast I. Pipe & Foun.
Do pref
85
85% 85% 85% 85% 86
5124 125
4122 126
5125 130 United .States lixpress...
1334 14%
14
14%
14
14% United States Leather
1021.1104% 103% 1(^4 '4 10334 104%
Do pref
8 134 82 4
82
85
17 S Realty & Irapiove'nt
82 4
82%
36 42 30 42
36% 36% 36% .H67, United States Rubber
Do pref
ICO ICO 4. 400% 10034 100 100
30
3
30% 30% 30% 3034 United States Steel
94 14 95 4:
9434
95%
Do pref
94% 35
26^4

*94

267e

97
62
104 14

34% 31I4
10734 1073,

2634

94

34%
10.8

240

92%

2534

•94
•61

96
61

33"4i| "Virginia-Carolina
Do pref

34%

34-*

108
45
250

42
42% *42
250 *2io 250
•240
240 250
92 14 92 42 49243 9242
92 >4 923,
.- 4
92% 92
\^»\ 1803. l80 180 4: ISOI4 1804i 180 ISO'4 17934 180
•1'.
194
190 195 418v) 42189 42 '190 194 190 194
4L'i3

144

47%

85

Lowest

Highest

22%

03

4634

Week
Shares

96%

19% 20
•7534 76%
7534 77
36% 36% 87
86

371.,

5434

210

60%

EXCHANGE

Sange tor Tear iy05 Range lor Prevxov*
On basis o/100-share lots
Year(iyu4)

4.800 24% Jan 6 27% Jan 20
2534 26% St. Liotiis Southweatem..
7,000 57 Jan 12 63 % Jan 20
61% 61%
Do pref
195,150 6334 Jan 6 68% Jan 16
6734 Southern Pacific Co
67
9,870 11534 Jan B 118% Jan 24
118% 118%
Do pref
34% 35 Sonthernv.tr. cfs. stmped 53,600 3234 Jan 25 36 Jau 3
6,550 96 Jan 13 98 Feb 2
9^
do
97%
Do pret.
99
M. <fe O. stock tr. otfa ...
"3 2%.Tan 25 "3 6 1^ Feb' 3
3434 364 'Pexas & Pacific
2L35'3
1-9 7* .Ian 11 131 Jau 7
126 130
Ihird Avenue (N. Y.)...
"ibo 2214 Janl3 23 Jau 24
23 Toledo Bail ways <fe Light
35% 36% ToL St. L. <fc W. V. tr. otfs 1,420 35 '4 Jan 18 3i>34 Jan 6
53% 54%
Do pref. vot. tr. ctfs. 3,720 5 1 3j Jan 2 5 54=4 Jau 7
10534 106% Twin City Rapid Transit. 11,325 105 Jan 6 109 H Jan 31
Do pref
915.010 113 Jan 6 123% Jan 30
122% 123% Union Paciflc
900 97 Jan 9 98% Jau 23
97% 97%
Do pref
Feb 3
8,l•^4 21% Jan 4 29
29
29 UnitRysInv'totSanFran
11,006 64% Jan 16 75 Feb
74% 75
Do pref
20.950 20 "-a Jan 25 23% Feb
2234 2S\ Wabash
19,525 41 Jan 25 46% Feb
45
46%
Do pref
2,0011
•19
17% Jan 24 19% Jau
19% Wheeling & Lake Erie...
1,810 4438 Jan 18 48 Feb
47% 4734
Do Istpref
25%.
Jan 9 2tf Feb
3,520
27% 28
Do 2d pref
23
23 4; Wisconsin Cent. v. tr. cfs. 24,290 2 % Jan 3 2434 Jan 31
Do pref. vot. tr. ctfs. 24,478 45 Jan 13 54 Jan 3
50% 61%
Industrial «fe lUiiicell
245 250 Adams Express
5 5236 Jan 9 245
Jan 25
5,210 14 Jan 25 18 Jau 3
15% 15%
llis-Clialmers
62 66
3,510 62 Feb 2 66 Jan 10
Do pref
258,320 70 Jan 25 77% Jan 16
74% 75 42 Amalg'amatedCopper
33
83% American Car & Foundry
7,100 3II4 Jan 25 34% Jau 3
9234 93
2,450 j;91i4 J;in 25 94% J an 3
Do pref
33% 3434 American Cotton Oil.
2,900 33 '« Feb 3 36% Jan 3
92 ;)7
95 Jan 11 95 Jau 1
Do pref
*30
38 American Dist. Telegraph
33 Jan 10 38 Jan 10
254%23."> American Express
Feb 3
1,151 4209% Jan 4 235
11
11
475
11 Jan 25 14 Jau 4
American Grass Twine ..
3,0.-|0
10% l04r Amer Hide & Leather
9% Jan 25 11% .Jau 14
5,09:. 4534 Jan 3 51% J.nul3
47% 48
De pref
6% 6% American Ice
7, 8 DO
6% Jan 9 7% Feb 1
16,545 35% Jan 10 41 Feb 2
40% 4034
Do pref
220
17% 17% -imerloan Linseed
5% Jan 17 18 Jan 21
37 42
304 36 Jan 19 41 Feb 1
Do pref
3634 37% American Locomotive... 28,210
Jan 25 38 Jan 30
;3
IIOI4 11034
2,958 103 Jan V 111% Jau ii7
Do pref
334 Jau 14
600
634 Jan 3
7% 7% American Malting
26
26%
1,200 -5 Jan 25 27% Jau 14
Do pref
86
86 -i Amer. Smelt'g & Refln'g. 32,925 7934 Jan 9 863, Jan HO
11334 119%
Do pref
10,526 ,11% Jan 13 119% Jan 30
180 183 American Snult
.69% Jan 12 183 Jan 21

15% 15%
60% 6 134
142 142% 142%
139% 139%

107
204

the

99%
Do pref
15% 15% American Steel Fonndr's.
61
61
Do pref

94% 95%
23
23%

210

Sales oj

•98

94 lo
IO8I4

Friday
Feb. 3

STOCKS
NK'W YORK STOCK

587

1-2

94
98
108
•204

63

26
86
119
183
100

139

476

1418
"

62

145

12

102 10214
81 14 82
36 4; 37 4
37
37 ,
10034 IUO34 10034 10034
29% 31
3o38 31
91 'J 95
94% 9.-.
34 14 31
34.4i ;;5
103 108
•107 108
42
42% *42
43
801a

66

143 14
189

142

76

72

103j

110

19

61""

250

I5I4

26% •25%
26
85%
85 4j 85%
11834
119 119
*180
180 183
98 4t 100 "98

203

IU414

244

llO'a 11034
•7
8

201.

6612

250

27%

23% 24
5i
61%

40

36I4

734

110
210

4i

23%

27

41
37 14

41

«19i4

*36
371^
10
lOia
10 14
10^8
7II4
7015 71
72
7314
24
243,
24
25
14
24%
8434 84 '6
8434
8 434 847g
u;t 126
•120 126
'120

;;ii-..

64j

39

16

26
86 14

22 41
97

53

98

28% 23%

132%132Se 13234 133 14 133

21

62 12

94'-;.

4S34
678
3878
171a

174,

*77
65

94

oOSg

4230

20278 2034?

871^2

131a

234

48
95

22I4

86I5

J-^
T2

102
80
37
loo

33
92
oO

I7I4

78 li
67
38
38
•864 89
65
55

267g

271.

1041.

71
•38
10

97
39

20=,

26% 273*
27 la
IOOI4IOOI4
99341001a
•150 157 li •150 158
99
99 14 lUO 100
43
4334 4411!
431a
1067810714 106ialO7%
863,
37
37^4
361a
9II4
91
91
9mj
•240 246 *240 245
34I4
la
33
3334
34
•9334 94I4 »93
944:
1515 16
16
16m
67% 69 12
69
69 >u
95
*60
•100

937*
3334

47

85

ISia

37 15
-63
'76
184 la
22 14
77
65

221a

^^4

116
27

4i

50
116411612 II6I4II64:

551a

47

48

19%

1514 16%

62
62 4
14178 1431.2

^.;04

11
411
*60ia 63

12
63

47

47

240

161*

13334 13834
138
147 *145 146
94 '4 9434
94
94%

94 "a 94*4
106 107
*2ul 210

454;
I914

5042

38
•16
40
40
36 14 37 14
lioialll

8

99^8 99

2-^ Hi

19I4

45

26% 28
23 4j 24%

240

I2II4 123

44%

4334
1334

10 4j
48

6%

1224.

7434

10% 10%
a;48ia

6%

734

94'i.

1181.

74
22

'lOia

11

*26ia 2634

147

66%
118%

21% 22%

Ilia

119% 11914 11978 119

94^4
•J 2

6634
II8I4
343g

62
67

721a 75

33
93

3Gi2 3^
11034 11 11*

•145

721a
217*
4334

734a

*37

^934
\fS\

26%

93

33

37%

63 >2 eiHi
14134 142 14

26

14

7434

17 S
41

9934
1534

61 14

97% 98
26% 2842

3318
931a
3334

37
111

183

121

I2214
973,

7234

371a
loia

1L8''8

34 4

71'8 7339
3318 333.1
931a 93 ^t

37%

•IHO

6137

99

.;2

37
•16

26 li 26^4

267a(

2534

9734

65% 65%

6%

8

67

118%

1534

63,

111^4

60 14
66 '8
118
34

43 14
18 14 I834
46 14 46%
26
27
2434
22
46I4 54

240

12
1038 1034
491a 49 7g

H..

2579

17
65 1^

220
512

"-2

2134

46 14

3i
•92
*34

"^4

25
71

22

240

250

734

251a

9734

2612

•251a
2134
451a

2IV1 22
4534 4534

6>u

Feb. ?

118
34
97 14
*98

S98

es^a 6914
21»4 2L'fc

»240
16

Thursday

Feb. 1

119% 1231a 1211a

l'Jl"(.

98^4

43 >2
18
40
26

97%

100

044:

130

•125

3434

•98

100

•98

iVednesday

Jan. 31

34
34%
97% 97% 97% 98
•98
*96% 99
99
34I4 341a
34 '4 34%
341-j
34% 3.j%
'125
130
125 128
128 125 128
22 23
•22% 23
•22
22'-.
3579 35%
36 '4 •35
3H4j
36
36
*63
53 4j 52% 5334
531a 54
531a
108 14 IO9I4 0:10714 1074: 106 106%
108

337g
97^4

343^

Tuesday

6618

071;

117-'4

118>3414
97^4

911

.

103

lOS

240

250

40

92%
IbO

190

Chem..

42% Virginia Irou Coal &
Wells, Fargo <fe Co

C

est'n Union Tele'gpli
92 4
180 West'gh'seEl & M f g assen
Do Istpref
194

"456 99

Jan 7 95% Feb 2
4,300 1234 Jan 6 18 Jau 20
4,478 5234 Jan 6 65 Jan 20
23,925 138% Jan 2.0 14434 Jan 18
630 137% Jan 17 139% Feb 2
100 144% Jan 23 148% Jan 6
Feb 3
22,799 91% Jan 25 96
6,120 20% Jan 26 24% Feb 3
845 93 Jau 6 99 Feb 2
5,lo0 103% Jan 25 112% Jau 11
203 Jan 26 209 Jan 1
210 10% Jan 13 12% Jan 2U
200 60 Jan 12 60% Janlt<
49,32b 43 Jan 26 48% Jan 4
95 Jan 4 96 Jau 4
5,600 1434 Jan 25 184j Jan 30
12,200 194% Jan 9 204% Feb 3
400 128% Jan 3 133% Feb 1
3,780 1734 Jan 25 21% Jan 10
535 74 Jan 25 79 Jan 10
4,764 234% Jan 25 39% Jau 5
2,600 60 Jan 11 66% Jan 19
Feb 3
1,300 75 Jan 5 81
3,500 181% Jan 24 19034 Jan 16
1,750 20 Feb 1 23% Jan 16
665 76% Jau 3 78% Jan 30
5,450 65 Jan 18 74% Feb 3
80 U 37 Jan 10 39 Jan 11
200 86% Jan 13 87% Jan 3
2,220 54% Jan 26 56 s, Jau 5
725 115% Jan 10 116% .Tan 30
44,375 24% Jan 24 29% Feb 3
2,300 97% Jan 7 10434 Feb 3
147 Jan 24 a;159 Jan 4
11,900 98 Jan 20 10434 Feb 1
4,300 42 Jan 25 49% Jau 4
12,650 105 14 Jan 25 108% Jan 16
2,7i;0 33 42 Jan 31
3334 Jan 6
1,735 88 Jan 25 92% Jau 27
380 237 Jan 3 248 Jau 14
4,514 32 Jan 7 34% Jan 20
600 93 Jan 25 94% Jau 4
7,700 15 Jan 23 17% Jan 3
2,560 67 Jan 10 71-4 Jau 4
2.".% Jan 24 28% Jan 10
2,8.^)0
600 94 Jau 25 95% Jau 4
500 60 Jan 26 63% Jan 3
100 Jan 13 102% Jau 4
34 Jan 28
3 Jau 3
3,450
19,400 08 Jan 25 73% Jan 31
400 37% Jan 31 38% Feb 3
9 Jan 25 10% Jan 17
1,400
Tan 10 74 Feb 3
1,20U 63
25,629 19% Jan 3 26 Feb 1
79
Jan
3 86% Jan 10
3,385
'4
567 5120 Jan 9 130 Fob 3
56,665 12% Jan 9 14% Jan 16
56,373 10078 Jan 10 104% Feb 1
18,719 77 Jan 4 85 Feb 3
4,000 3334 Jan 3 3334 Jan 10
1,650 9S% Jan 6 101% Jan 11
297,680 28 14 Jan 25 31% Jau 17
259,742 91% Jan 7 9534 Jau31
4,060 32% Jau 25 39 Jan 3
857 105 Jan 23 109% Jan 5
1,300 40 Jan 7 43% .Tame
235 Jan 3 4247 % Jan 24
i',375 92
Jan 17 95 14 Jan 4
1317 176 Jan 25 183% Jan 16
70 19 L Jan 25 193% Jan 17
'-2

Highest

Lowest

9%J'ne 29

25% J'ne
41% Mar
113

6O34
6334

Deo
Deo

Nov

Sep 119% Deo

18% Feb 37% Dec
77% Jan 97% Deo
Deo

Feb

98

Feb

25
6^
25

iJeo
I'eo

Feb
14%J'ly

Nov
48% .Vov
22% Nov

37

523..

J;in

90

20% J'ne 38% Nov
1 15
Mar 134 Oct
17%J-ne 27% Oct
2l%May 33 Nov
32 t"bU 57% Nov
87% Fob A.107!M Oct
158 Aug nos Nov
71 Mar 117 Nov
286% Feb 9B Deo
9

42% Apr
15 May
3234

J'ly

Nov
Nov
49% Nov

21%.I' lie 32
16
37

25

J'

J'ne

^220 Feb 250

Oct

Mar 21% Not
% Mar 7 1 Nov
43% Feb 8234 Deo
1434 J'ly 35% Deo
67 Jau 9434 Deo
24%J'Ufc 37% Deo
3334 J'ne 97 Nov
22 Aug 39 Deo
130 J'ne 219 Nov
5 Aug 14 Deo
11% Dec
23g Jau
11% Jan 4334 Dec
934 Nov
6 Dec
24% Mai 42 Oct
7 J'ne 20=8 Nov
22%J'ni- 42 4 Nov
16% Jan 36% Nov
75% Jan 105 Nov
2% J'ne 9 Dec
16 J'ne 29 Deo
46 Feb 82% Deo
6

39

8834

110
85

Jan 115

Oct

Nov
99% Nov

170

J.-in

Jan

3% J'ue 15% Deo

J'ly 67 14 Deo
122% Mar 153 Nov
Jau 141 Nov
Feb 149%Nov
80% Nov 96 Deo
10 Jan 25 Nov
69 Jan 9434 Deo
61
Feb 120% Nov

26

123
121

135

.Mar

5

J'ly
Fell

2.:

9% Oct

12=8
6234
5838

47 7g
26 % Mai
63 Apr 95
8 J'ue 19%
185 Feb 220
101% Jan 131

May
65 Mai
19%J'ne
43% Not
71 Nov
934

clol

J'ne

Dec
Dec

Nov
Deo
Dec
Oct

Deo
26% Nov
82 % Nov
40% Deo
68 Dec

90 Nov
194%NoV

10% May 25% Deo
64% Feb 7973 Dec
26 Mai 72 % Deo
28 Sep 41% Nov

71%Feb

Nov

37

Jan 59% Nov
100% Jau 117 Nov
14% Feb 26 14 Oct
80 % Jan 98% Deo
36

Feb 164 .Nov
Mai 107 Nov
Feb 55 Nov
9234 Mar 112% Duo
24i4May 44% Oct
67 May 92 Dec

120
80
24

Mar
May
7134 Mar
6 May
37 May
1434 Apr

209
16

Nov
Nov

244
35

94

Deo
18% Nov

73

42

Nov

29% Deo
Jan 98 Dec
31% Jan '>5%Nov
77 Jan 105 Dec
7434

34 Jlar
Si's May
25 May

Nov

5

77%Xov
39 %

Nov

Aug 13% Nov
45 Feb 75 I4 Nov
20% Dec
May
6%
40 Atai 31% Dec
100 Feb 5128 Nov
6% May 20'4 Deo
75% Jan 106% Dec
43 J'ly 84%>:ov
10% Feb 34% Dec
41 Jan 100 Deo
3% May
61% May 95% Dec
2234 J'ne 44% Deo
97 38 Apr 116 Nov
18% Sep 44 Nov
4200 J'ne 250 Aug
83 May 94 4: Deo
153 May 185 Deo
180 Aug 198% -Nov
3 7g

BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
ISauUs

Bid

tTnited
90
Wash. H'htsi 2110

Ask

Banks

95

BROOKLYN

Mid

Ask

Trust Cos.

Bid

Ask

Trust Co's Bid Ask
Farm Lo i& Tr 1470 1490

Trust Co's

Bid

Ask

Trust Co's

N YSecfeTr

700
North Amer. 295 300
Real Est Tr't 325
Stand.ardTr't 390 410
TitloGu JoTr t«"»4:

Bid

Ask

BBOOKLTN
585
670 700
Tr 425
Brooklyn
410
185
210
Flat bush
Uowl'gGreen 218
300
980
BROOKLYN
522'
335 1350
Franklin
Lincoln Tr... 435
BroadwayTr. 163 170
Tr Co of Am. 515
'350
340
Hamilton
Manhattan .. 490
C'lK'TyB&Tr 676
Union Trast 1415
BoronghH
120
475
Co
135
Kings
520
ProspectPkTl 135
Central Tr'st 211^0 3210 Mercantile .. 985
500
1000 US Mtg&TiBroadwayl.. 300
17th Wardli. 150
360
Merchants'..
City Trust... 345
225
Unit Slates 1500 1630 L Isl L&Tr. 295 131 o
Brook lynl) .. 180 140
252 200
Na.ssau
Spra.giie
Metropolitan 630 650
390 100
226
Colonial
"Van N'deuTr 230
Con'yIcfcKJJ' 145
340 1345
;ople 8
Stuyvesanti 190
MortouTrust 9C0 925
Commonw'th SO
Washiugvou. 415
First
illlHTn
38014
sb'g.
236%
Union',1
240
195
Mut.Alliance
155 i75
Empire
225
187%
Windsor
205
Manufactrs'. 365
Wallabout^I
155
N YLitediTr 1075
Equitable Tr 650 675
• Bid and asked prices; no sales
on this day. i Less than lOU snare>(. i l£.c nghcs. c Us divi-leud aud rights,
t Sale at Stock Kxchan ge or at auction this week,
o Ex stuck diyldond. i Trust Co. cartilioates. 'j Banas marked with a pac-igraph (^) are State bank*

West

Sideli.'.

Yorkvillel:

..

550
400

MecluinicsU

290

Merch.ants'.. 130

Nassau
375
Nat City
295
North Sideli. 260
Peoplo'sli
290

CTTT
Bankers' Tr. 420
IT.

T.

445
224

Fifth Ave Tr
Guaranty Tr
Guardian Tr
Knick 'rblc'r

W

.

New York

Exchange—Bond

Stock

Weekly and Yearly

Record, Friday

OCCUPYING FOUR PAGES

DOMiS
STOCK EXCHANGE
1^
WkBK ENDUiQ FitB 3

Y.

£(.
s,

XT

S 2s couaul regutlcreU.<21930 Q-J

U 8 28 eonaol coapon....rtl930 y-J
A:1918 y-F
U 8 33 registerea
fcl918 y-F
U S 38 coupon
U S 38 reg small bonds.. fcl918 q-F
U S 3s con small bonds. .^1918
/il907
V S 48 registered
U S4s coupon

/il907

1925
1925
U StecoapoB
Philippine islands 43.1914-34 y-F
S 4« registered

Foreljrn (Government
Japanese GTovt Gs stfrrg.1911 A-O
i;d

Wee1er$
or.

Last Sale

I04m05
104

"^

U

.->

103 4
105 >a 106
105 \ 106

lOtJ'i

ioohj

94 S2 Sale
are pr

1964

'i'i Keae

State Secarities
Class
Class

A 4 to 5

class

B58

101»al02J8

190U
190(5

C 4s

1906
1920
1924
(joulslana new consol 48.. 1914
48.1910
consol
Carolina
N'orlli

Currency fnnrting 48
Difit of Columbia 3-668

118 II914
103 "a
102
131

_19iy
63
1933
So Carolina 4 >«« 20-40
Tenu new seUtoment 38..1913

96^2
93^11

„....
SmiLll.„.„
Virginia fund debt 2-3s...l991
6s deferred Brown Bros ctfs.

96
1^

W'i

Kailroad

Alabama Cent Hee So Ry
laba Alldl See At Coast Line
A Ibany & Susq Hee Del Hud
Allegheny Valley See Peun Rl<
P
Aileg & West see Ban it
Aiy95 Q-J
Ann Arbor Ist g 4s
Atch T & S Fe gen g 43. ..19^5 A-O
<fe

<fe

1995 A-O

Uegislered

Adjustment g48

/il995
/tl99o
/il995

Registered

Nov

Series E
Series »
Series
Series
Series 1
Series

1907
1908

FA
FA

F-A
1910 F-A
190S'

H

1911
1913
K
„
East Okla Dit 1st g 48..192&

FA
FA

M

:s

AU Knox & Nor 1st g68-.194l> J-D
M-S
Atlantic Coast Ist g 48.AJ
Charles & Sav 1st g 7s..l93B J-J
Sav h' & W 1st gold 68„1934 A-O
1934
Ala Mid Ist gn gold 5s 1&28
Bninscfc\Vl8tgug4Bl938
SilSp Oca&Cj gug4s 1918
Atlantic <fc Dauv See South Ry
Atlantic & Yadk See South Ry
i'e« Sou Pacific
Austin & N
Bait «& Ohio prior lg3^s.l9-25
l8tgold OS

fr
<

W

A-O
M-N
J-J

J-J

J-J
ftl926 q-J

Registered

Gold 4s

/il948

A-O

Registered
Conv deb 48

/t.1948

y-j

..1911

93 Hi

96^ sale
9914
9938
983e
»7'8
9739
96^8

,

96
100

112\ 116
103
140
130

aale

Hi's
lliHa
98 •«
97 19

86 »B Sale

ioiSsile
91'4

92>4

481941 U-N 100 "^i Sftie

let gSHiS-.-iyio J-J
/il925
Ist gu g 5s. .1919
lat cg4'28..193U M-S
Tol 1st g 63 1922 A-O

Southw Dlv

92*4 Sale

Registered

Monon Riv
CeuOhlo R

&

Pitts Ctev
Pitts
West I8tg4s.-.191T J.J
€& Co certfs
J P
Bat Creek <& S See Mich Cent

&

M

Beech Creek See N V C & H
& Car See Illinois Cent
Bklyu & iloutauk See 1/ong I
Bmns & West See Atl Coast L
Buffalo S Y & Erie See Erie

106

.

111>2.
I2IH1.
9ii>4.

Bellev

R& Pgen

g 5s.. .1937
West 1st g 48 gu.. 1998
1943
C1& Mall Ist gu gos
Roch & Pitts lat g U«...1921
Consol Ist g 68
192ii
Buffalo ifc Southwest See J&ne
Buffifc Susq Istref g 4s.(ll951
Bur Cedar R & No Ist 5s. 1900
Con 1st <& col trustg5s.. 1934
Regxstere«l
1934
i'ifcN Wist gu 5s. 1921
1927
& St Llstgug Ts
190«
C'anada South IstSs
'2d 5s
1913
Registered.
1911.
Buffalo

AU&

CRf

M

M-S
A-O

llSia
10u»a

J-J

113

...

109^109^
94 Hi 991s
904 93

"

3263

130 10314 10-534
47 tlOO IOOHj

F-A 12334
J-D 125 Hi 126 "i
J-U
A-O

N Y&

North

98'i2

120Hil26Hi
1243412434

Jan '05
Jau '05

99

10-2

98 '8 99

lOJ^t I0I34
119Si....
120HiNov'04

IOIH1IOI34

I'^OHjMar'Oo

113 '4.

112H»Sep'o4

J-J

103 Hi Sale
108 la

l^i3K^

& Shawn See 111 Cent
Carolina Cent See Seab Air Ii
CarUuige <& Ad See N r C & H

107
107

"a

103 Hi
107 '12

lO'i Hi loss's

107

108

J'ly'04

Carb

MU L, S

Salt

04

Jan '05

94

94

110

Jan '05
Jan'u6

110
121
66 113

110

121
113'«
114
107 J'ne'04

92 Salt
70 H» Sale

91

9-J

Brooklyn

(19 Hi

70^4

69

58

693<

Sale

R^

Bk y Co *

S con gu g Os. 1941
Bklyu Uu El Istg 4-5a.l960
Kings Co Kl Istg 48.. ..1949
Stamped guar 43
194U
Nassau Elec gu g 4s
1951

City & S Ry lialt 1st g 5a. 1922
Conn Uy<& Llstdfe re(g4Hi8'61
Den Cod Tr Co Ist g 08. ..1933
I<en Tram Co con g 63.. 1910

MeiRyCo

Ist

gu g

JiOU) 1«

No p^rtce Friday:

1104

220
98

i;9

02
73 '4

67

62 Hi

6 lOfiHjllOHi

"-i

Jan

J'ne'OO

103
109

NoT'Ol
Mar'Os

98

'05

98

1041

.

htteet price this

11534

118H> II8H1
ll7Hi Jau'05
1213, 121 Jan '00

121

a Oa« Jan

d Due

1

&

I17Hin7Hi
121
.Apr

«

121

Due

Migr

56 107Hil09

96

....

95

84H>

8518
Sale

84»4

Hi

ge'a
10534

10034

Sep '04
84't,

27

Apr '02
Apr '00
Jan '05
96'8

IOH2

Vi

Sale

O-d

9634
15^8
18^4

,

So

10134 102
95H. 967,

Aug'04
IIOI4IIOI4

Dec '03
Feb '04
107

107

106 105
133 Hi 1344
11834 121

Dec '02

120
117

341, 136
14
09Hi

8438

80 Hi 83

I

10

107 Jan '05
113H»Dec'04
105 Jan '05
134H! Jan'05
120 Jan '05

108

i'l'gii

ioi«^ '102^8

823g 139

82

102

2034
i7Hj
lau.

Sep

'04

13434

Jan'05
1 16 Hi Nov'04

131

109 Hi Jan '06
ISO
ISO

109H2l09H»
178 180

13434

10934 Jan'05

10934 10934

112
112
109H; J'ne'U4

112

98 Is Jan 'C'5
ll6HiApr'03

9818

112
98'«

Dec '04

120

10-\lii

110i4Jau'05

1618 117

116'aJan'lio

110
116

11014
11714

1123f

1 I23g

12'4U3

11238Jan'05

321a
15Hi

137HiJ'ly'99

05 's

106
169
113

11434

06
11

Jan '00

111
109Hl

Salt

09 1«
15 H.

IIOI4 111
1 09 '•i 1091a

111
109H2

115»8Jan'03
110HiDec'04
1161* Jan 'Oo
128
12914
104 Hi Dec '04
102=8 May'04
100
ICO
103 Nov'98

11%
16^4 117

28
0638
0034

li5H?.

116

l&ia
11
OS's

111 Hi lJec'03
11034 Dec '04

128

0314
12Hl
lOHs
17=8

129

4

ya'slOO'4

107 Mar'04
105
105
104 Mai-04
112 Hi Jan'05

107

115=3

II6I8U6I8

Dec '04

16

05

11434 11434

Aug'04
Mai'04
Aug'04
10738 Oct '04

14

lU4Hil05

mi^iiaia

10334 Jan '04
115»8 Deo'04
II6I4 Nov'04

03 14.

lOlHiNov'Ol

07%

,

06
09 »8
29

,

,

--i

,

1834

,

33
32
00
04
23

,

22Hl

06

H;

Sale

'983^ Salt
I0OI4
96I4

,

9434
9434
9414

94 14
82 Hi Sale

RR 48. .2002

2002
1913

97
109
110

& G gen g 6a .ol919
Consol gold 58
1902
Des
<fc Ft I) l8t2HjS..1905
DesM
Keok&
1st 58
1923

Ohoc Ok

16 iis'Ts

117H2 0ct '04
IU834
109

105

1918

Pac

M

Sale

10r,H:May'04

10558Nov'03
10934 J'ne'04
1

29

14

119'4

Jan'05
Nov'04

1291412914

142 Hi Feb '02
131 Hi Jan '05
131Hil31Hi
103 Apr '04
'03
109 Sep
2 i22*'a I26**
126
126
124 NoVOl
"85
10534
10414 106i«
106H>
107 Jan '03
9818
9834 '268 97'""99ii

l01'4Sep'O4
97 J'ly'04
96 May'04
93 May'Ol
94 Deo'04
90 May'04
82 's
82
761-^ Sep '04
96'8
97
109 Dec'04

1159

811a

83

95'" '973;

103^8 Jan '04

Sep

95
109

'04

10634 J 'ly '04

on Next Pa«e.

Street Unil^ray
Met St Ry—rCon;Ref g 482002 A-O

I^xAv<S;PFlstgug5sl903

Third Ave It R con gu 4s 2000
Tlurd Ave Ry Istg 5s. .1937
El (Clue) Istg 48. 1938
Met
MU El Ry <fc Ir 30-yr g 68.1926
Minn St Ry Isl con g 68..1919
St Jo RyLt HAP Istg 69. 1937
St Paul City (;al) con g 68.1937
U ndercround Eleo Ryg ol London Prollt Rharln'^ r)s...iyo8
Union Kl (Cluc) l.st g 58. .1945
United RRs San Frsf 4s.l927
Uniteil Bys St L Ist g 4s. 1034
Clilc St 40-yr cons g 58.1930

WS

W

25 118Hil20!s

I17''fcll9

weeK.

P48
R

Clilc

BONDS—Conlinued

84
78 833, 85
83-'i
109 Hj Nov'04
106»8 106 Jan'05
106 106
llOHilllHi 112 Hi Jan'05
lusgiiai,
94 1« 941-.. :'3H.Jan'06
92 Og 93 Hi
96I4
95 Sale
96 14 276 93
94
89
i(9Hi 91
91
67 82
91
98
95

.1917

114

90

llOi^,

48

Registered

68. .1911

CilStRy Istcougis.rJOO
Ry Co l8t con g 68. 1 930
*let St Ry gen col tr g 68.1997
Bw-ayA7thAvl8tcg5sl94;!
^CoMJ'.aUlAvlstgu g 58.1993
Dt!i

llOHiSaJe
84 Sale
108

N 43

107 Hi 107 Hi

106H.<)<a '02

14

95

107Hi Jan'06
lllH2J'ly'04
I1914
119Hi

....

07

95

10334 1041*
10134 102"^

11134 ....

05 »8
35

1

Low Mign

Jan '05

103 Apr'Ol
112 May'03
10278 lU2'e
98 Dec '04

OL

Sine*

January

104 14 Jan 05
IO2H1 102*8

90 Hi Apr '04

g 5s 1929

M-ls

10778
109=8
119 Hi Sale
lloHi
I u8 ^8 Sale

Bang*

134 13534
13314134
113 113

IIOI4 Jan'05
1 02
Nov'04
06Hil07H! 1061* Jan '06

1910

1910
1915
1916

1

IOI4
0368

Isl g Os 1921

Coll trust gold 53

Knilway

'I'r g 5a
1945
l8t refund conv g 4s
2002
BkCity l8t con 68.1916, 1941

West

Imp sluud

121

13

lUiSCEKlajlKKOUS
.Street

<fe

<fe

102»sSale
105

06'8

Asliland Div 1st g G.s..l9'25
Mich Div 1st g 6a
1924
Convertible deb 5s
1907
Incomes
1911
Chlo Rock Isl <Ji Pac 6s. ..1917
Registered
1917
General gold 4.S
1988
Registered
1988
l8t<fe refnnding g 48
1934
Coll trust Series C 4s .. 1905

CedRf^aF&N SeeBORAl^

piy45 Oct
plU45 Oct
piy45 Oct

i>»

High. A'o

95

113

10334

IOOI4
96^8 Sale

F & St Paul 1 St 53 1909
Winona «& St Pet 2d 78. .1907

H4s

Cen iiranch U P Ist g 4s.. .1948 J-D 94.U
Cen liranch Ry See Mo Pac
Cen RR <* B ot Ga col g oa 1937 M-K 110
Cent ot (ia RR 1st g 5s..yl945 F-A iia^
Consol gold 5s
1945 M-N 114
Registered
1945 M-N
Ist pre/ income g 58
2d pref Income g Ss
3d jirot income e oh

Illinois Ist

So

Feb '04

8334
10434

Ott C

Apr'ii;
126 Hj 126 H
12434 Jan '05

134
112 '4
105 Hi

82

1^

J'ne'99
I0714 Aug'04
1-53,
13534
134 Jan '05

lllHi
135 136

96

MU&

103

95
104
102

i-i

112'-

W

J-1.

WI-S

108

/il987 Q
Dock tfe Imp gu 58. .1921 J
Le<fe Hurt R pengug5s 1920 J
Leh & Wilks B Coal 58. .1912 M5I9IO Q
Con ext guar 4HiS
Long Br gen g48 1941 MCent Pacilio See So Pacific Co
Chas & Sav See Atl Coast Line
Clies cfc Ohio g 68 ser A..A1908
al911
Gold 6s
1939
ist consol g 5s

Ext

AO
AO

J

1946 J
Mobile Div Ist g 58
Cent ot N J gen'l gold 68.1987 J

1939
Registered
1992
General gold 4H2S
94 '4
94 H, 4i-8 9334 94 Hi
1992
Registered
ices
n Oie
0/ $a to &.
1940
Craig VaUey l.st g 5s
R<fe A Div 1st con g48.. 1989
1014 101 Hi
lOlHilOlia
1989
2d consol g48
109i4Oct '00
Warm Spr Val 1st g us. .1941
102HiMar'Oii
Greenbrier Ry lstgug48 '40
111 Mar'02
Chic<fe Alt RK ret g 3s. ..1949
11934 Oct 'O'i
Jiailway 1st lien 3H28...1950
106 H> Deo'04
1950
Registered
1 03 S Deo'04
Chic B & Q— Ch <fe la D 5s 1905
136HjJ'ly'01
1922
Denver Div 48
120 Mar'Ot'
1949
Illinois Div3HiS
96', Jan '05
96-4 96^4
1949
Registered
96 Hi Dec '04
1949
Gold 48
97 "s Jan '05
97 Hi 97 >*
Iowa Div sink fund 5s. .1919
lo Jan'ud
1919
14 »a IS'b
Sinking fnnd 4s
Nebraska Extension 48.1927
1927
Registered
1921
Southwestern Div 48
Joint bonds See Great North
1913
Debenture 5s
Han <& St Jos consol 0s..l911
Chicfe E fli 1st 8 f cur 6s. 1907
98 Jan '05
1934
96H! 98
1st consol g (>8
10334
104 14 35 10338 104>4
1937
General consol Islos
101 Dec'oi
1937
Registered
96I4
30
95 H>
96 14
94'^
Chic & Ind C Rv 1st 53.1936
5 93Hi 93H2 Chicago & Erie See Erie
93Hj
93Hl
95«8
96Hi 2U4 94<^ 96Hi Chic In & l»ulsv ret 6s... 1947
99 Aug'04
1947
Refunding gold 5s
9934 Oct '04
Louisv N A & Ch 1st 6s. 1910
99H»NoT'Oi
Clue Mil & St Paul con 7s 1905
9914 Dec '04
1914
Terminal gold 5s
99H»Jan'06
General g 4s series A..«1989
99Hi 99H2
98HjNot'04
elOSU
Registered
97 Oct '04
General g 3 HiS series B.el989
99'4Jan'06
99 '4 991,
ChiC«fe DSuDivg58....1921
112HiNoT'04
Chlo & Mo Riv Div 5s. ..1926
10134
108 274 ioi'Toa"
1910
Chic & Pac Div 6s
1921
Chic A P
Istgos
125'*NoT'03
1916
Dak<fc Gt So g 58
ll-^'>8Jan'04
1924
Far <fc Souassu g 68
114i4 0ct '04
1910
Hast& D Div Ist 7s
93 J'ly'04
1910
Ist OS
97^4 Oct '04
1908
I & D Exten l8t7s
1919
lacrosse <& D Ist 58
1910
Mineral Point Div 58
1910
So Minn Div let 68
95
95 H. 9S 34 "a 96
Southwest Div Ist 68. ...1906
96 NoT'04
1921
Wiscfe MinnDivgSs
104 Hi 105
14, 1031% 105
No IstM Cos.. ..1910
104 1* Jan '06
1913
101
ifi
1st
consol
68
1041s
106
"i U)5 IOUI4 Chic c&Northw cons 7!<
105
1915
92I4
92
7 91 Hi
92\4
1886-1926
Extension 4s
IOOI4 38 99^4 100 Hi
100
Registered
1886-1926
92^6 89 92
92 <%
1987
93
General gold 3Hi3
90 N4 J'ly'04
Registered
pl987
105HiMar'u4
Sinking fund Os... 1879-1929
108 Sep '04
1879-1929
Registered
119H2Mai'04
Sinking fund 5s.. .1879-1929
100 Nov'04
1879-1929
Registered
100 Sep '04
Debenture 58
190'J
1909
Registered
1921
Debenture 5s
Registered
1921
1933
Sinking fnnd deb 5s
Registered
1933
Des Mo <fe Minn Ist 7s. .1907
115H!Dec'04
Matlison
Mllw &
1st Os.. 1905

...

....
....

J-J

IO8H2

L'

96

M-S

P Jun & M Div Ist g 3»38l925 M-N

PLE&WVaSysref

93

10414 Sale
101 Si

Nov

M-N
Stamped
Debeuiures is Series D. 1906 F-A

105'*105''8

99Jtj77a

98

94 Hi

J

Am

106Hil05Hi

109»»Jan'05

108 »a

J

or

Last Sale

Ask Low

Bid

Registered

105^8 Jan '03
ISO'ilSlk 131 's Sep '04
130^2 131^4 130^8 Dec '04

94»4
lOe^s

otfs 43

<fe

Si 104"^ 105 Hi

104H»Dec'04
lOoHi Jan*o5

to^i\i.

Alabama

>.

Deo'04

105

105

9434 Sale
series 63 ctfs full paid
10634 Sale
5s cLfs lull paid Sep
UOOi^Salfc
1811',;
y-J
oi Mexico « f ir 53 ol

Co

of Ga (Continxied)
pnrmon g 4s. 1951
Mac & Nor Div Ist g 68.1946
1947
Mid Ga AU Div 58

Chatt Div

103^4 104 "i 104H2Aug'04
103^4 104 »s 106 Hi Jan '05
107 J'ne'02

9S^

<&

1

We^elc's

Mange

Friday
Feb 3

Ao Low High Central

Miyli

98V>Sale

Speyer

January

CO

a:)

frtce

STOCK EXCHANGE
Week End ma Feb 3

N. T.

105>4 Ang'04

Kepub of Cuba
.

BONDS

Jtanffs
Siitce

Range

Ask Low

Bid

GoTemmcnt

U, S.

'

\

JYiee

Friday
Feb 3

.'VI-

93 Hi Sale
120

J-J
J-J

95 14 Sale
11734

F-A

FA

OO'o
,

120
95
118

'4

9.")

9-1

93 Hi

Jan

10

'06

96

51

Jan'06
i)5

90Hi 94
119 I2OI4
94 T, 96
II6H1II8

"i

90

96

8.-)0

97

9914

106 Oct '99
106 Hi Nov'04

J-J

M-N
J-J

112

J-D
A-O

99

Sale

90
86
90

Sale

J-J

AO
M-N

110

86 H,
96

J'ly'04

99 «
981a
109 Hi Dec ".19
8734

86
99

90
80

00
10

8738 90
8518 86^

Deo '97

Gas

nu<l KIcclric Uftlit
Atlanta G L Co lat g 5s. ..1947

Due j 'ue K Due J'ly

le

J-D

Due Asg oOue Oct

p Due Nor (Option mU«

Z

Feb.

Bond Eecord-^Continued— Paga 2

4, 1905.]

BONDS

J^iee

STOCK EXCHANGE
Week Kntjinh Feb 3

ChtcAStL SeeAtchT&SaFe
CUic St L A N O See lU Cent
Chic St L
Pitts See Penn Cc
CMC St P M & con 6s... 1930

Bid

Mange or

Atk liow

y.

January 1

35 JQ

to 31^8.1930

J-I>

134^4

J-D

94 14
135

Ch St P Mmn Istges 191S M-X
Nor Wisconsin l8t68...19S0 J-J lao^s
St P <fe S City Ist g 68...19H) A-O 124 H)
<fe

Chicago Ter Trans g 4s. ..1947 J.J

Coupon

97
V>5

off

Westlndgeng6s9l932
Cliic A
Mich See Pere Marq
Choc O & Gulf -Se« C R I & P

Chicife

113a4

W

H<fe D consols 178. ..1905 A-O
2d gold 4'us
1937 J-J
Cin D & I Ist gu g 5s. ..1941
Cin I &
1st gn g 48.1953 J-J

Oil!

W
CIStL&c

132i8XoV04

Sale
Sale

,

.

86 14

99

97I4

12

;S<e«CCC&StL
Cln S & C 5f < C C C St L
Clearfield & Mah See B R&F
Cnev Cin C & St L gen g 48 1993 J-D 102

W

-'4

WW

991^

97'a

N

Lack

&W

Ist 68.. .1921 J-J
Construction 58
1923
Term <fe ImproTe 4s
1923 iW-N
SyrBingAN Ist 7s.. 1906 A-O
Warren Ist refgng3 ^8. 2000
Del <fe Hud l8t Pa Div 7s. 1917
Kegiatered
1917 ia-s
Alb
Sns Ist con gTi 78.1906 A-O
Guar gold 68
1906 A-O
Rene
Saratoga ist 7a. 1921 M-N
Del Biv
Bridge See Pa
Denv R Gr let eon g48.193b J.J
Consol gold 4 "28
1936 J-J
5f

FA

Y

FA
MS

A
A
BR
A

BE

Minn SeeStPMAM
JCiaat Ten Va A Ga See So By
L^aetot

MS

ousatonic See

112

Elgin Jol A East 1st g 5s. 1941 iVl-K
Elm Cort A JS o See Leh A N Y
Erie 1st ext gold 48
1947 M-N
2d ext gold 5s
1919
Sd ext gold 4'a8
1923 WI-S
4th ext gold 58
1920 A-O
6th ext gold 4s
1928 J-D

MS

9,o

HoustATexCen

98»i 100

73

77152

101 14 Sale
103

97
96
84

96
Sale
Sale

93

112

7618
941a

9014

101 Vj

ISO

180

10 103

103

Registered

981a

99%

89

04>3

1081a 116
1161a
IIO14
115^8

FA

1935 J-J
1935 J-J

IndlU A lalst g 4s
1950 J-J
Int AGreatNori8lg63..1919M-N

Ga8g5s

i'so"'

100

..1918
EdElIUBku SeeKCoELAP

EdElTl SeeN

68.

VGAELH AP

58.. 1932 M-S
t^^,l"*^°
f^S
E<j
GA
Fuel See P G A
Co
GaaA Elec BergCocgos C1949
JD
J?

•

«• price Friday;

latest bid

IO9I4
10714
991,
I2134 122
103 Bale
79 Sale
114ia

95
123
86
85

105

105

1041^106

95

95

9434

May99
Jan '05
Nov'04

851a 86
9518

961a

10 123 14 125

110 la Jan '05
103 Nov'04

llOiallOV

Mar'04

106

107 la Dec '02
99'ss

Dec'04

1211a Jan '05

102
79
116

121

121>a
101 14 103
701a 80

103
80
116
86 la

873^

86I9

7*14 Sale

74 14
75
63 Oct '00

Kentucky Cent Set
Keok A Dee Mo See C B I A P
KuoxviUe A Ohio See So Ry

96

AW

84

ake Erie
IstgSs.. 1937
[
Aj
2d gold 5s
1941
North Ohio Ist gu g 5s.. 1945 A-O
L Sho A Mich S See N Y Cent
Lehirii Val (Pa) coU g 58.1997 M-N
Leh ValN Yl8tgng4ias.l940 J-J
Registered
1940 j.j
Leh V Ter Ry Ist gu g 58.1941 A-O

93

H7>tll7i«

Registere<l
1941 a-O
Col*''
58.1938 J-J
l.eh
i Ist guar g43.. 1945 M-S
f'^J'

114 J'ne'04
11334 J -ly '04

YS°^
AN

^S

BO.SD.S— t;ontiiiued on

II414II5
86
86 >o

118»8.
11218.

U20

.

lOSig.
llOia.
101 S.
I19I4.
113 .

110

.

98''«.

ibsi^

72% 78

1171a

119S

iifi^iieJi

IO8I4 Jan'05
11138Dec'04
105 Jan '04

108 1410314

UO'b

119i4llt%

109 la Oct '99
108 Dec'04
99 Jan '05

99

90

'.

106 19.

loeiaKov'04

117
100

II714 Jan'06

101
106
96

92

11934 Jan 'Oc
11234 Nov'04
119^2 Jan '05

1193b

117>4ll7V

lOOiaDec'04

1071^ 105 Jan 'Oil
9914 Oct '04

101%

Jan

102
110

11314
IO3I4

10338

105

106

101% lOS

'06

J'ne'04
10334

ioi%

20 102

109
105i4ilar'03
112 Mar'02

10534

115

Ulia

107 la Sep '04
109 Nov'04

11134

105
1203^ Salt
II9I4
103 Sale

lU'e
99 14 Sale
1143g

1041a 1041-^
12038 120-V
II9I4
11912
102^4
1031a
101 'g J'ne'04
114''eJau'05
99
993>,

|ll4i2Jan'u5

^.,.l8t cousol gold 58

112

1041a 104 «

10|

4 119

120%

24 117
71 102

119>»

108%

114'8ll4V

99%

981a

114iall4i«

....

61 la Oct
9018
10734

YA

'01

90 V

1::

901*

9134

Dec '00
IOKI4D0CO4
100
ialo

Oct '04

i'2634"'"i27"
9614 001 '04

and asked this week.

aDneJan

5 1125

6

127

33 108ial0»««

I

Due Feb dDueApr eDue.May /iDueJly

/c

92^

9214
I

13
la

97'
'05

110%
94% »7%
105%

110

110

110
95
105

156

Jan

1995 J-J 119 ...
120iaJ'ue'(l4
10734 Jan'05
1051a...
Rich Gas 1st g"58.1921 M-N
100 Mar'04
I eo Gas A C Isi con
g 68.1943 A-O 12534 127 125 Jan'05
Rotunding gold58...
1063« Dec'04
1947 .\£-S 107'4
ChG-LACkelstgnpos 1937 J-J 1081a Sale 1081a 1084
Con G CoolCh lstgug58.'36 J-D 1 083, bale 10838 IOS34
Eq G A F Ch 1 St
100 la Jan '06
g 68. 1905 J-J 101%
Mu fuel Gas Ist gu
gu g 58.1947 .M-N 104
102 "a Nov'04
Syracuse Lighting Ist g 58.'51 J-D
reiiKiu Ci <fe El 1st g .")a 1949 M-s>
11214 Jan '05
Westchester Linht'g g 58.1950 J-D Ill's.
113
113 •I6

>^ AQEl L&Plstcongosl930 F-A
X

Nov '03

1081a 1091^
92 14 Jan 05

'

-

.Next I'age.

Mm

114

Gen Electric deb g o^s 194- FA 90 ig
Or Rap G LCo let g 58.. .1915 FA
Hudson Co Gas 1st 5s 1949 M N 109
Kau City (Mo) Gas 1st x Ds 19vi2 A-O
EUigB Co El La Pg 5a.. .1937 A-O i08'
Purchase money 68
1997
120^,
Ed El II Bkn Istcon g 4V 1939 AO
J-J
94

v..

'

and Electric Li«lit
117 117 Jan '05
116%117
LacGa8LofStLlstg58.el919|Q-F 109 Sale
69 Nov'04
Milwaukee Gas L Ist 48. .1927 M-N
91
Sale 178
ISO 207 17414I8O
l<uei Was Co See Peop Ga.s
L
H
A
P
OS.
..1948 J-D 110 Sale
g
^^J^
lOOia 1021a 25 100 1021a '"^'t)
Purchase
money g 48. ..1949 F-A
951a 95''e
105 J'ne'03
Ed El III Ist conv g 5s..191o|m-S lOSialoeia

ir

I

11»\

(iaa

1909 J-J
1923

Det Gae Co con Ist g

17 109

KalAAGR SeeLSAMS

.

11534

Co

10ti«

an A Mich See Tol
OC
K C Ft S A -M See St L A
ASF
KCAMRAB
SeeStLASF
Kan C A Paclllc See M K A T

lll>alll34

i>il!!»(JKLil^C«i£<>US

981a 101 >J

95I4 101

LAN

96
70
90

101 1,

99

1951

.

M-N
A-O

^

Nov' 04

96 la Jan '05
ig Oct '99
100 Nov'OO
IO518
10534 Nov'04
123ial26i, 124 la Apr '04
114
90 Nov'98
124 126 125
125
123
11934 Mar'04
95
93=8 May'04
97 14

St

.

(J

,

81

1923

City Sou 1st gold 3s.. 1950 A-O
Registered
1950 A-O

117i«Jan'06

Sale

1051a

J-J
J-J

,

Detroit City

fcO

31 lOS

Ang'04
Mar'03
9914 Oct '03
70 Oct '04
105 Jan '05
102 Oct '01

B"-A

Kan

Sep
Jan
84
60
93
61
921s
117 Nov'04

110
11034
l(J5iaJ'ly'04
100^4 Apr '04
113

95

J-J

2d gold 58
1909 M-S
3d gold 4s
1921 M-S
102
Iowa Central let gold 68.. 1938 J D
Refunding g4s
1951 M-S
1091a Jeilerson RR See Erie

108

106

A-O 106
A-O 103 ig
M-N 1051a Sale 1054 1051a
M-N 1041b
101 Apr '04
J-D 104
1061a Mar'03

.

ConsolGasconvdebes
OoDsuni Gas See P G A

85

104 la 106^^

102
94

A-O

.

<^as and Electric Kittht
Bklyn V Gas 1st con g 5s. 1945
Buiialo Gas Istgos
194

1081a 112

USiaMar'OO
99

Memph Div 1st g4s... 1951 J-D loe^llO
L Sou 1st gu g 48. ...1931 M-S *103 1210434
Ind Bl A West See C C C A St L

14

1041*10414

33 100

111

MS

AN

W

'04
'06

100
95
80

1st 6a

Ind Dec A
Ist g 58
Ist guar gold 58

101»4

11034 Sale

J-J
J-J
J-J
J-J

Carb A Shaw 1st g 48... 1932
ChlcSt L
O g 59.. .1951 J-D
Registered
1951 J-D
Gold3ias
1951

4 10634 1071a

11212 111>4 Jan'05

llTia.

FA

11334 114

101 560
100 !«, 24

lOlSg 1041a

Pac Co

llinois

LN

116»all6»2

73

See So

Central Ist g 48.. 1951
I Registered
1951
1st gold 3ias
1951
Registered
1951
Extended 1st g3ia8
1951
let gold 3s sterling
1951
Coll Trust gold 4s
1952
Registered
1952
O A Tex goldtt. ...1953
Registered
1953
Cairo Bridge gold 48
1950
liOnisvilleDlv gold3ia8.1953
Middle Divreg5s
1921
Omaha Div 1st g 38
1951
St Louis Div gold 3s
1951
Registered
1951
Gold 3ias
1951
Registered
1951
Spring Div 1st g Si^s... 1951
Western Lines 1st g 48. .1951
I

BellevACar

Jan '06

128i«l29>a 129iaAug'04
111'*
114iaJ'ly'04
108 Hi
I0314 103'4
107 14 1071a 1071a
91 1*
102 Feb '03
137 '4
133»4 Mar'04
149 Aug'Ol
106 >4
1 04 14 Dec'04
>4
IO4I4
104 Sale
IO414
142 >«
146»8 0et '04

MS
MS

W

J'xie'02
Oct '04

lOOSgSaJe 100 14
100 1« Sale 100 ig

N YNHAH

gffistered
1945 m-S
107 la Jan '05
107 la 107 »a
Ist g let pt 68.1914 A-O
^i.^,"^ ^
111 May'04
Gold guar 58
1914
A-O
102
101 la Jan '05
lOlialOlia Leh A Hud R See Cent of N J
let consol gold 78
1920
1361a 137 137
137
13538
137
Leh
A
Wilkesb
See
Cent ot N J
l8t consol g fund 7s
1920
132^2
130 Ang'03
Leroy A Caney Val See Mo P
Erie let cou g 48 prior.. 1990 J-J 101^4 102
101 la 10334 148 i0(Mi i0334 Long Dock See Erie
Registered
199(j J-J
98 la Jan '04
Long Isl'd— l8tcong5s./a931 Q-J
let consol gen lien g is 1990 J-J
"92^"92«8 92
9234 14
9234
91
Ist consol gold 4s
/il931 o-J
Registered
"l99ij J-J
88 Nov'04
General gold 48
Peuncoll tr g 48
193.S J-D
1951 F-A
95 Sale
'.to
Ferry gold 4^28
971a .iOo 95
971a
192 :vi-s
60-year conv 4.S A
1953 A-O 104 Sak 103
104i< 406 9534 IO414
Gold 4s
m-i-' J-D
BuhN V A Erie Ist 7a. .1910
J-D 12534
127isNov'04
Uuihed gold 48 ...
194 M-S
BaffASWgold6s
1908 J-J 104-4
106 Dec'04
Debenture gold 68... .1111934 J-D
Chlo A Erie Ist gold 5s. 1982 M-N 123
122
121ial22i2
1-2 Jan '05
Guar ref gold 4s. .. .""1 1949 M S
Jeflf RR 1st gug58....al909
A.0 105
105
105
105 105
Bklj-n A Mont Ist g 6s. .1911 M-S
Long Dock consol s 68 1935 A-O 13434
13512 Jan '05
13434 135I2
l8t5s
Coal & HR 1st cur gu Us 192" M-N
1911 M-S
I2611; 113
1151a
J'ly'(M
N
V B A M B 1 s't con
Dock A Imp 1st ciirtks. I9i5 J-J 112
1 935 A-O
l]3iiN(.v'03
N \ A R B Ist g58 g sV 1927
A Y A Gieeu L gu k 5s. 1940 IVl-N 117
-M-S
117 Jan '05
117 117
AorSliB Istcon ggu5sol932 Q-J
Sus A
l8t ret oh. 1937 J-J 1141,.
1 1 5 la Jan '05
1141411612
Louisiana
A Ark Ist g 58.1927 -MS
2d gold 4'ij8
1937
106
104 Dec '04
Louisv A Nashv gen g 68.1930 J-D
General gold 68...
1940 F-A 109
111 Jan '05
no's 111
i^oWos
Tennlual Isl gold 5s. ..1943 M-N
1937 M-N
117iaJan'05
117iail7i2
XJnitied gold 48
Regis ^55,000 each. ..1943 M-N 1171a.
1940 J-J
Registered
Mid RBolX J Istg6s.l9l0 A-O 11034
"l940 J-J
10934
Dec'04
Coll
trust
gold
5s
Wilk A Ea 1st gug 58.1942 J-D 110%.
1931 M-N
lOy'gJan'Oo
109^8 109^8
5-20-yr col tr deed g 48.1923 A-O
Erie A Pitts See Peuu Oo
L H A Nash 1st g 68
1919 J-D

NY

Hig/^

Ry

W

112

129-^ Dec'04

130

A-O II514
A-O 114
J.J
J-J

See

Registered
1999 J-J
Col A H V 1st ext g 48. .1948 A-O
Houst E A
Tex See So Pac

W

J-D
J-D
J-D

Georgia Pacific

Hock Val l8tcon8olg4i28.1999 J-J

110 Jan '05
12s ig Dec '04

llO'*
las'* 129
129'8

109 Deo '04
Improvement gold6s.„1928 J-D 108 "4 109*8 109 la Jan '06
Bio Gr West let g 48
99I4 99
99
1939 J.J
99
Consol and col trust 48 1949 A-O
90
93
981a 93
Utah Cent Ist gu g48 ol917 A-O
95
97 Jan '02
Rio Gr So gu See Rio Gr bo
Dee Mol A Ft D See C R A 1 P
Dee M A Minn See Ch A N
Dee Mol Un Ry Ist g58..1917 M-N 104
110 Sep "04

Det W A Tol See L S A M So
Det A Mack let lien g 4a.l995
Gold 48
1995
Det Sou 1st g 4s
1951
Ohio Sou Divlet g48...1941
DnI A Iron Range 1st 58.. 1937
Registered
1937
^2d 6s
1916
Dul 80 Shore A A.U g 58.. 1937

Low

,

00-.

<fe

J-D
J-D
J-D

W
W

GTay's Pt Term Se£ St L S
Gt Nor— CBAQcolltr48l921 J-J
Registered./i
1921 Q-J
nioT inl^
lOO-'e
loa
Greenbrier Ry See Ches A O
Gulf ASILstref Atg5s 61952 J-J
Han A St Jo See C B A Q
00,

W

M-S
M-N

.

iVo

Ev A Ind Istcon gug68..1926 J-J
114
Fl^argo A So See Ch M A St P
Unt A Pere M See Pere Mar
FlaCAPenin Se«SeaAirLine
KortSt U DCol8tg4ia8.1941 J-J
105 Mar'98
Ft
A DenC Ist g 6s.. ..1921 J-D llliaSaJo 111
112
Ft
A RioGr 1st g 4s. ..1928 J-J 86
86
861a
al Har ASA See So Pac Co
/
'TalH A HoflS82 Ist 58.1913 A-O 105 14.
1041a Jan 'O;
G eorgia A Ala See Sea A Line
Ga Car A Nor See Sea A Line

W

104

101

Col Conn A Term fiee N <fe
Conn <fc Pas Rivs let g 48.1943 A-O
Dak & Gt So 6'ee C M & St P
I

.

V G A Nor See 80 Pac Co
A Oswegat See N Y Cent
Grand Rap A Ind See Penn RR

W
W

Del
Morris <Sj Essex lst78...1914
iBtconsol guar 78
1915
Registered
1915
Istref gu g 3»28
2000

High
NoT'04
Oct '04

123
106
112
104
114

,

ila

104
104
104
99 7g
100 riy '04
193& J-J
Cin
& M Div Ist g 48.1991 J-J 98 Sj Sale 98>a 98 >2
St L Dlv Ist ool tr g 48.. 1990 -M-N 103 •» 103
102 Jan "05
Eegiatered
100 Oct '04
1990 M-N
GO
8pr & Col Div 1st g 4s. .1940 M-S
102 Dec '02
Val Div l8tg4s... 1940 J-J looigibiis 94V2Aug'03
CI St L& C cousol 68.. 1920 M-N 105%
106 Jan '04
l8tgold48
*1936 Q-f 101^
100 NoT'04
Registered
fcl93G Q-F
Ctn S<ft CI con Ist g 5a.. 1928 J-J iVs" '".W 112 Jan '05
CC C& IconsolTs
123 Dec'04
1914 J-D 123
Consol sink land 78
1914 J-D
General consolgold6s.l934 J-J isa^j
130 Sep '04
Registered
1934 J J
'"".
Ind Bl &
Ist pref 4s. 1940 A- O "99"i
ioii^NoT'oi
O Ind &
1st pf 58...(a93S Q.J
99 "^
Peo<fe East Ist con 48... 1940 A-O
9979 Sale "991^ "i 06
32
77 1« bale
Income 4s
1990 Apr
75
77 h 225
CI Lor & Wli con Ist g 5s. 193 A-O 116
112'uFeb'04
Clev & JI arietta See Penn BK
Cler & JIahon Val g 58.. .1938 J-J 118
llCVjJan'Oo
OleT & Pitts See Penn Co
74J4
Col Midland Ist g 4s
1947
74 "a Sale
76
51
Colorado* Sou 1st g 4s... 1929
83 Saie
90 "4
9ih li)l
Colum <fe Greenv 8c^ So liy
Col & Hock Val See Hock Va

& Waco See M K T
Lack & Western 7s... 190

Ask Low

123
107
107 la.
106
114

January

Gonv

Oairo Div 1st gold 48

alias

Since
*3<

<

104 Hj Deo '03
113 Oct '00
113>4J'ly'04
99
99 <4

loOS,

Bid

H

Mange

Range or
Last Sale

.

129^4 Mar'04
124 14 Dec '04
90 Hi
97
16
94
9512 267
113 Dec'04

100
116
98

,0.,
100, 13412
13378

134^2 I34I2
93 Dec '03

A

T let cone 68.1921 J-J
Ist general gold 58
1942 A-O
Mt Vernon Ist gold 68.. 1923 A-O
Soil Co Branch Ist g ds.l930 A-O

Evans

Week's

f^ldav
Feb 3

^ti:

High No Low High

<fe

Cons 68 reduced

Price

stock exchange
Week Ending Feb 3

Since

SaU

Last

BONDS

Sange

Weetc's

fViday
Feb 3

N. T.

589

106 la

10734 108

125

125

108

109

10714108%
lOOia

100%

111

US

lUVill*

Due Auk oDueOct jDaeDec /Optton

590

Bond Record— Continued— Page 8
BONDS

jr.

STOCK EXCHANGE
Week E.voi.no Feb 3

Y.

oulsT
I^
1, Ciii

&

iroldii^s... 1931
1st gold 68. ...1930

Lex

NO

M 2(1 KOld

1930
Pensacola Div Kold68...1920
1921
St L, Div l8t gold 6s
1980
2d gold 3.S
<$.-

6s

Price

Week's

Friday
Feb 3

Range or

Bid

i^sishv— (Continued)

&M

O

>;

<fe

2-s

M-N

Last

Aek

108*4
13034

J-J
J-J

123 14 128

M-S 11534....
M-S 121 ....
M-S
Hender BdRelststgOs-lOSl M-S 10834

Kentuck:^ Cent gold 4s. .1987
L&N <fe M <fe M 1st g4i2S 194a
L <fe N-South joint 48.1952
N Fla & S 1st frn g 58. ..1937
Pens & Atl Ist gu g 68.. 1921
S <fc N Ala con gn g 58..1936
Sink fund gold 68
1910
L&Jett Edge Co sng 48. .1945

M

M-S 110
J-J

'

FA

A-0
M-S

ManSW

Mex North

let
See

Mich Cent
Mid of N J

96*2

114*2

114*2
115 Jan '04
116*2 Jan '05
110 Mar'03

03% Oct

....

98*2 99*2
2 110 110
17 96
96*2
114*2115*4

Dec '04

107

107

107*4

74
75

74*2

74

J-J

Sale

106*8 107*4

FA

96=8

97

98

49

90% J'ly '01
M»y'00

106

N T Cent

See Erie

&
MU & North
Minn & St L

M&

St P
See Ch
Ist gold 78. .1927
gold
78
1909
Ist
lo-n-aEx
Pacific Ex 1st gold 6s. ..1921
South West Ex 1st g 78.1910
1934
Ist consol goldSs
1st and refund gold 4s. .1949

Minn

St

<fe

L pu

B CE&N

See

J-D 140 ....
J-D 111%....
A-O 118 124
J-D 113"4....
117
97 J4

M-N
M-S

99
101

MStP<feSSMconf:4int{rn'38 J-J
M & P 1st 5s stpd4s int g« 1936 J-J
M S S M & A 1st g 4 int gu 1926 J-J
2d gold 48
let ext gold 68
St

L Div

ffl990

F-A
A-O

107*2

106

107

10834

109

106
93

110

luy

109

107
106*2

Tex&Oklalstgug53...1U43 M-S
M-N
M-N
M-S
M-S

106*2
124^4 124*2
109*2 Sale 109

FA
FA

107

"s

110*2

107*2

H4*s

116% Dec '04

98
May'Ol
104

1183^ 118*4 118*4
10934 Oct '03
96*2
9534
97*4
9734

1938 M-S

FA

1st g 5s. .1947
Cairo coU g 48..el930 Q-F
1931 J-J
Guaranteed g48
& O coll 4s See Southern
Mohawk & Mai See Y C & H
Monongahela Rlv See B & O
&
Mont Cent See St P
Morgan's La & T See S P Co

Nov'04

96

127*2 12734
121 Apr "04

98
92
101

89

"2

94

9534

9634

98

J'ly '04

NoT'04

Nasli Flor

<&

shot

See

L&N

New &

Sec

Cin Bdge

121

J-J

121*2 Jan '05
110*8
116

116*8117
110

A-O
J-J
J-J
J-J

115«%
114*4

119 Jan '05
113*2J'ne'04
113 J'ly '04

101*4....

104

81 ^e 82 **

17

120% 121*2
116% 116%
119

119

Dec*04

81%

817,

10

81*4

82*2

N Y Cent

PennCo

See

NO&N E prior lien g 6s J91915 A-O
N y Bkln & Man Bcli See L
NY Centife H Rivg 3>28.1997

112%.

I

Registered

1997

Debenture g

4s.... 1890-1905

1890-1905
1905
1905
Lake Sliore coll g 3*28... 1998
Registered
1998
Mich Cent coUg3'28.... 1998
liejri.slered
1998
Beech Creek Isl gu g 48. 193U
Registered
1930
2d gu gold 6s
1936
Beech Cr Ext Ist g 3 ".^s i;1951
Cart& Ad 1st gu k 4s... 1981
Clearf Hit Coal Ist s 1 4s. 1940
Gouv&08welstgUK5a 1942

105

105
101

126i«.

110

II 119

119%

.04%105

105
Mar'04

I31»4 Apr'03

.

101% Nov'04
106

Sale 105% 106
106*2 103 12 Jan '05

20 105 106
103*2103*9

A-O
.T-J

J-D
J-J

M-N
W
W
Q-J
Q-J

Q-F
Q-F
J-D

JD
F-A

Registered certitic's..l923 Q-F
St Paul cfe Dul Ist 5s.. ..1931 F-A
2d 68
1917 A-O
Ist consol gold 4s
1968 J-D

Dec '04
Jan '05
Dec '04
132*2 Dec '04

111*4 110

13314134
131

132%
10334 Sale

ibo"

"'".'.

90*2 97

198%
102

133
132

133*2 133*2

Si

103*4
104
9934 J'ne'i)4

44 100

9-^*4

96*2

112
103*4 103

105% Sale 105%

97
95

9634

7634

124
119

101

103

102

106

10434 106
104*4 105*4
7614 78
76*4
76

Jan '05
Dec '04

.

126% Jan '05

.

132

111*3.
106

126% 126%

J'ly '99

112*4 J'ly '0.^

Nov'04
96*2Aug'04
94 Aug'04
116
116
107

.

99
93
lid

7634
9834

98*4
9634

103

105*2 104*4 Jan '05
7634 Sale
7634
78

100

104

Aug' 04

104

.
.
.

W

NewH&D SeeHYHH&H
N J June HR

115*2 Sep '04

116

lib's

118*4

118%

NYC

1951 A-O

4.S

124

106*4 J'ne'04
106*2 No v'OO

Oswego cfe Rome See
O C F <fe St P 5ee C cfe N
Pac Coast Co Ist g 5s....l946 J-D 113*2.

Natof Mex prior Uen 4*28.1926 J-J
Ist consol

124

Ore cfe Cal -See So Pac (>)
Ore RR cfe Nav See Un Pac
Ore Short Line See Un Pac

M

W&

TAP

124
J'ly '04

W

98

116% Jan '05

9134

Registered

1111.2

N

Morris* Essex S««DelL<fiiW
St L 1st 78.1913
Nash Chat <fegold
5s
1928
1st consol
Jasper Branch 1st g 68. .1923
Allst68..1917
McM M
Branch Ist 6s.... 1917

106%

124
121

Wash Cent 1st g4s
1948 Q-M
Nor Pac Ter Co Ist g 68. .1933 J-J
Nor Ry Cal See So Pac
126*212734 Nor Wis iSe« C St P M <fe O
Nor & Mont See N Y Cent
cfe
&ee G C C cfe St L
98
98
Olnd
118*4
hio River RR Ist g 68.1936 J-D 117
118*,
115% 116%
General gold 5s
1937 A-O 112l2ll4*2 111 Nov'04

111*2 Mar'04

121
97 *a 99
113*2

let extension gold 6s..A1927 Q-J

M

109% Apr '04
Sale

121*4

-S'ee

—

109%

95*2 Sale
9734 Sale
102*2

W

M

'05

98
100
104

9634

Eiv<feGDiT]stg4s..l933 M-N
V I & 1st g 5s. 1926 M-S
Mob<& Birm prior hen g 5s 1945 J-J 113
92*2
1945 J-J
Mortgage gold 4s
MobJ&K Cist cons g 58. 1963 J-J 127^8
Mob & Ohio new gold 68.. 1927 J-D

L&

Sale

96

'

St

117

124

119% Sale 119*2 119%
105%
11334 Jan '02
*108%
105 106 104*4 Apr '04

17%

"-J

106%
Jan

102
102*4

.

Montgom Div

Jan '03

R W&Oconl8text53.7il922 A-O
Oswe & R 2d gu g 5s...el915 F-A
96
98
RW<feOTRl8tgus 58.1918 M-N
Utica A BlkRivgug4s.l922 J-J
N Y Chic & St L Ist g 4s. 1937 A-O
Registered
1937 A-O
N y & Greenw Lake See Erie
N Y Har
N Y C & Hud
N Y Lack & W See D L & W
N Y L E & W iSee Erie
N Y & Long Br See Cent of N J
NY&NE
SeeNYNH&H
111 111% New York New Hav
Hartr—
Housatonic R con g 6s.. 1937 M-N
N H & Derby con g 5s. .1918 M-N
117% 11734
N Y & N E Ist 7s
1905 J-J
97*2 98% N Y
North See N Y C & H
N YO& Wref I8tg48..ffl992 M-S
99
99
Regis $5,000 only
(71992 M-S
N Y & Put See N Y C & H
N Y <& R B See Long Island
NYS&W
Erie
100% 101*4 N Y Tex & M See So Pac Co
80*4 87*2 Nor & South Ist gos
1941 M-N
10334 107
Norf & West gen g 6s
1931 M-N
Improvem't & ext g 6s. .1934 F-A
87
87
New River 1st g 6s
1932 A-O
N & W Ry 1st con g 48.1996 A O
94% 95

76*4
75
23*8 25 =H

1996
104% 107
Div'll8tl&geng4s...l944
Pocah C& C joint 48. .1941
106*4 109*2
CC(feTlstgug5s
1922
1 04*2! 04
Scio V <fe N E 1st gu g 48 1989
105*2 106% North Illinois See Chi & N
123 125*4 North Ohio See L Erie &
108 109% Nor Pa(j Prior lien g 4s. .1997
Registered
1997
107*2 110*2
General Hen goldSs
a2047
97*2 98
Registered
a2047
St Paul-Dul Div g 4s
1 996
104 104
Registered
1996
C B cfe Q coU tr 4s See Gt Nor
St PcfeN P gen g6s
11534 118*4
1923

Nov'04
104 *a Jan '05

IW\

F-A
2d extended gold 5s. ..1938 J-J
St li Ir M& Sgen con g 5sl931 A-O
Gen con stamp gtdg 5s 1931 A-O
Unified & ref gold 4s. .1929 J-J

General gold 48

Nov'03

121
139

111*3

N Y & Harlem g 3*2S...2000 M-N
Registered
2000 M-N
N Y& Nortli 1st g 5s. ..1927 AO

73% 77

111

106

124

J-J

101

ni»8

107

88*8

fa

Verdi

100%

86
873s
106*2 10634
87 Jan '05
105*4 Doc '04
9438 Jan '05
Ill's 111*2

1U6

& Wa 1st gu g 58... 1940 M-N
KanC& Pac 1st g 4s. ..1990 FA
MoK & E 1st gug OS. ..1942 AO
1942 M-N
M K & Ok Ist gu 58
M K & T of T 1st gu g 6s. 1942 M-S
Sher Sh & So 1st gu 5s. 1943 J-D

Leroy &CVAListg5sl920
Pac R of Mo 1st ex g 4s. 1938

'05

Nov'Ol

103

103

108% 109

99 ^i 100*4 96*4 May'04
71
101 105% ibo"' Sep ''03

16

103

'05

100

<fe

.

.

Jan

.S'ee

Dal

1906
Missouri Pacific i;d7s
1920
Ist consol gold 6s
Trust gold 5s stamped. al917
ol917
Registered
1920
Ist coll gold5s
Cent Br Ry 1st gu g 4s. 1919

Jan

99

Oct '02

105
103

102%

Mich Cent

<fe

Jan '02
....
11734 Jan '06
9914 98^8 Jan '05
121

10034 101
85 "4 Said

1944 M-N

1st ret g 4s.. ..2001

1115. 111%
120*2 Feb '04

.

99^8

Minn Un See St P M &M
Mo Kan & Tex 1st g 48. ..1990 J-D

Dec '03

142

High No Low High

107*2 J'ly'OO

131*2
128

<fc

SeeCiac&NW
MUL8&W
Mad See Chic & N W

Atk Low

105
98

lstg3'28
1952 M-N
Bat C cfe Stur 1st gng 38. 1989 J-D

45

Jan '05

A-O

January t

Pitts
2d £niar6s

1st consol 68.1909
5s
1931
Registered
1931 Q-M
48
1940 J-J
Registered
1940 J-J
J L <fe S 1st g 3*29
1951 M-S

105% 106%

23*8
2378 214
16 Jau'Oo

"2334 Sale
\b'^

j'fy
J'ly

SiTxce

Last Sale

124
119

C'l RR Ist 5s.. 1934
McK & Y 1st gu 68.1932
1934
McKees & B V 1st g 6s 1918

Mahon

J-D

M-S
M-S
gold 68. ...1910 J-D

Mil

KaAAGRlstgnc5s.l93S

116*2116*2

106T8

10634 106
105

Treefc'a

Range or

108*2 108-'4 21 108*4 109
108*2 108
Registered
IO834 34 107%10R34
2361 J-J *
101*4
Sale
Lake Shore gold 3*2S....1997 J-D
101
101*1 4U 100*410114
Registered
100% 109% 15u 100% 100%
1997 J-D 100 W;
74 101% 103
102% Sale 1023e 103
Debenture g 4s
1928
10134
Det Mon <fe Tol Ist 7s. 1906
114 Feb'02

'04

103

A-O
J-J

110

110

cfe

Range

Price

Priday
Feb 3

Bid

Mai 1st gu K 4s.. 1991 M-S
NJ June R sm 1st 4s.. .1936 FA
NY&Pulstcongug48 1993 A-O
Nor & Mont 1st gu g 58-1916 A-O
West Shore Ist 48 gu... 2361 J-J

Nov'99

96 "2 96*2

99

L N A & Ch SeeCI&'L
Mahon Coal SeeLS&M.S
anlmttan Ey consols. 1990 A-0
1990
Registered
Metropol El Ist g 6s.. ..1908
Coloniz g 5s. ...1934
McK'pt & B V See N Y Cent
MetropoUtan El See Man Ry
Mex Cent consol gold 4s. .1911
1939
Coupons oflf
let consol income g 3s.al939
2d consol income g 33..al917
1919
Equip & collgoldSs
CoU tr K 412S 1st Ser....l907
48.1977
con
Hex Intemat l8t
g
1977
Stamped gtiaranteed

96

Moh

130*2 13012

J'ne'02

99*8 Jan '05

Bale

N. Y.

Apr '04

122
75
113

11334...,
112Vj....
11334 ....
10734....

F-A
F-A

STOCK EXCHANGE
Sale
January 1
Week E.n-ding Feb 3
High No Low High N Y Cent & H B^C Continued)

L010
106«8 Nov'04
130*2 Jan 'O.T
124*8 Nov'04
11638 Mar'02

9934

J-J

BOND.s

Kaui/e
Since

5.*

Vol. lxxx.

y

100

Sale

100
100

99*2
lOO^B

99
101
100^8
9 1*4 Sale

Registered

'

'0 J

99*8 100

Dec '02

May'04
99*2Nov'02
903*
92 '2 117
90
90
5
9934

,

88*4
89*4

107

Jan

99% 10034

100*8 Dec'iM

RcKistcred

Debt coite ext g 48

100*2 145

89»4
9 1 *2
91 Jan '03
106*2 1071-2
102 Mar'04

103

104*8

9934

47

93

90

9934

8934

91*2

35 106*2 10712

ac of Missouri See Mo Pac
Panama Ist s fund g4*as..l917
Sink fund subsidy g 6s. .1910
Penn Co— Guar 1st g 4 128.1921
Registered
1921
Guar 3 *28 coll trust reg.1937
Guar 3*28 coll tr ser B...1941
Tr Co certif's gu g 3'->8.1916
C St L cfe P Ist con g 58.1932
Registered
1932
CI cfe Pgen gug4*2sser A.'42
Series B
1942
Series C 3*2S
1948
D
3*28
Series
1950
Erie cfe Pitts gug 3*28 B.1940
Series C
1940
N cfe C Bdge gen gu g 4 *28 1945
P C C cfe St L gTi 4*28 A. .. 1940
Series B guar
1942
Series C guar
1942
series D 48 guar
1945
Series E 3*2 guar g
1949
Pilts Ft
cfe C Ist 78.. .1912
2d78
1912
3d 7h
/iI9I2

W

Penn

110
'

91*2
9834
91

95

Apr '02

104
102

J-J

106

106

M-S

9214 9434 102 Nov'98
92*4
92*4 Dec '03
97*4
97%
97%
11812
lis Oct '04

m"-n

109

111

'05
Apr '02
Jan '05
Jan '05

Jan

113*4

113%

104

104

111

111
106

106

97% 97%

A-O
A-O 115
J-J

115

103*4 Aug'03

A-O 116
96
M-N
94

F-A

96

Jan '04

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

94*2
102 Nov'OO
94*2
9334 Apr '04
I0514
114 II412 1 14% Jan '05
11334
11334 Jan '05
11314
IIO Aug'04
10334
104 -2 Oct '04

F-A
J-J
J-J

116%.
116%.

J-J
J-J
J-J

94

93%

114*8114%
11334 11334

93% 10 93% 93%

127% Oct
121
119

A-O

RR Ist real est g4s.l923 M-N

Consol sterling g 68
1905
Con currency 68 reg...f/1905
Consol gold 5a
1919
Consol gold 48
1943
Convertible g 3*28
1912

I13»4 Jan'05

A-O 104
M-N 103 108
J-J 111%

'02

Mar'(l4

Apr'04
107*aMar*04

105

J-J

y-M
M-S 115
111 *a Sop '04
M-N 106*2
106 Aug'03
M-N 104*4 Sale 103% 104*4 189 103

104*4

MlSCELcI.ANEOUS BONDS— (Jontiniied on Next Pane
Coal and Iron
OolCift I DevCo f-Ti gos. 1909 J-J
Ool Fuel Co gen gold 68... 1919 M-N
Col F cfe 1 Co gen H g 5s.. 1943 FA
Convertible deb g 58
1911 FA
1

Trust Coctfs
Contin'talC IsikI £rn5Hg.l952
Gr Riv Coal cfe C l.st g 6s..I9I9
JefitcfcCleiirCcfc 1 Ist g 68.1926
2d gold .-.s
1926

Kan

cfe

F-A
A-O

Nov'OO
106
107*2 Oct '04
101*2
104 Jan '06
10334 104
"90" 85
86
85
6 85
"si" Bale 85
87 197 84
87

107% Dec'1'4
110*2

J-D
J-D

HCck Cl8t8fK68.1951 JJ

Pleas Val Coal Ist ga

1

68.1928 J-J
J-J

Tenn Coal gen 58
1951
Tenn Div Ist g 68
ol917
Birm Div Ist consol 6*1.. I9I7
Cah C M Co Ist gu g 68.1922

A-O
J-J

J-D

DcBarCcfe I Co gu g 68.1910 F-A
Vlron Coal cfe o 1st g 6s. 1949 MS

WhaLEcfc PCCl8tg5s.l919
*No j>rice Friday;

latest bid

02 12 J'ly '04
107 Moy'97
102*2 Oct '03
1

106% Fob '02
105

98
110
109
97
102

08*2

97*2

20

Jan '05
ill" 112% Dec '04
102 Dec '03
10534 Dec "04

J-J

02*8

82
this

week,

0234

93*2

97*-i

110*2111

111

02*2 "92"%

and asked

Oct '00

97%

1

Am
Am
Am
Am

29

86»,

Due Jan

Bar
6

Duo Keb

M-N
M-N
J-J

M-N
M-N

1914 A-O

«

I9.">1
cfe

Duo

8 Car Co Ist g
.vlay

68.

frDuu.j'ue

. .

/i

1

11(|3<
10.ll,
1

1

F-A
J'ly

Dec '04

....

105i4J'ly'03

.Sillc

111

11

Sale

105%

100

107
103

10734

1 Si

5

I1(»%111%

88 104 V 106

J'ne'04
J'ly '04

ino*4lol'.i IOOI4 Jan'OB
"^i9912
9912 99
08
96
96*2 98
98

100

100*4

8

90

190%

2

95

97

88%

2

HH*4

•'^9

8!»i.i

7)

88%
113%
»>-8
73%

116 1867 110*4116
2327 71
76
76
t\j
105 Jan '00
Due Not * Option sale.

116 Sale
74 14 Sale

942 J-J

Due

1

106

J'ne'04

Oct '99
10934 J'ue'04

J-J

MS

4s

0314

94
92
109

J-J

.VInnuinctui'ins; <)c Indutttrial
Cot Oil ext 4*28
1915 Q-F
Hide cfe L Isi a I g 6s..I919 M-S
Spirits Mfg 1st g68.. 1915
Thread 1st col tr 48.. .1919 J-J

Am Tobacco 40-yr g68

Jpji '00

a

TelesTraph and Telephone
Telep cfe Tel coll tr 4s 1929
Comra Cable (;o Ist g 48.. 2397
Erie T cfe T col tr g s f 58.. 1926
1918
Met T cfe T l8ls g5.s
N Y cfe N J Tel gen g 5s. .1020
col
tr cur 5s. 1938
West Union
Fd and real est g 4 *2S... 1950
MulUnTel s fund 6s. ..1911
Northw Telguf 4*38 g.. 1934

Am

I

"4

I

—
Feb.

Bond Record

4. 1905.]

BOXI>f5
N. T. STOCK EXCHANGB
y^KKK ENDING FEB 3

San<S5 l^ewia 1st g 4s. ..1936
<& Can gen 4s. 1944
J
N asli
Pensacola & Atl See L
Peo cfe East See C C C <& St L
..1921
68..
,^eo & Pek Un 1st g

u N BR

1920

1939
Isicoiisol gold 58
Pt Huron Div Ist g 5s. 1939

W

N

&

&

&

Consol g 6s int guar. ..1912
Gen gold 4s int guar.. 1921
div Ist g 6s '30
Waco &
Morgan's La & T 1st 7s.l918
1920
1st gold 6s
No of Cal 1st gu g 6s.. ..1907
1938
Guaranteed gold 6s
Ore & Cal 1st guar g 58.1927
43.1943
1st
gu
A
Pass
S A <fc
g
So P of Ar gu 1st g 63.. .C1909
cl910
1st guar g 6s
1905
S P of Cal Ist g 6s

110

NW

1101* Sep '04

12214....

12s is Jan '05

12Si8l23i8

J'ly'04

121S8124
113 ....

122

Apr'02
Jan 06

112

Jan

1123< ....

112>4 0ct '04

117^8

119i4Apr'04
137 Nov'97

122
112

'06

1905
Ist g 68 series B
1st gOs series C& D...1906
1st g 6s series Ef& F...1912
1912
Ist gold 6s
1937
1st con guar g 5s
1905-.. 1937
Stamped

122
112

Rome Wat <&

.„.
._.

Tex&NO Ist 7s

82

B K&P
Og See N Y Cent

Registered

11712 Jan '05
98 J'ly'97

Mem

117 12 117 12

Sale

llli2J'ly'04
75 Jan '05
89 Jan '06

94

94

75

75

89

89

15

93

94

W

L & Iron Mount See M P
L K C N See Wabash
See T RR A of St L
L, M Br
St L & S JTan 2d g Gs CI B 190C
1906
2d gold 6s Class C

104

AG
J-J
J-J

A-O
J-J
J-J
J-J

J-J
A-O
A-O
A-O

AO

A-O
M-N
M-N

FA

M-S
J-J
J-J
J-J
J-J
J-J
J-J
J-J
J-J

A-O
J-J
J-J

M-N
NI-S

J-J
J-J
J-J

99 12
92 Sale

W

104

10438

ysSgNov'Ol
83I4

9 Jig

126^2 128 "-i I26I4 Jan'(J6
I26I4
b9a4
111
Sale
91 250 b8\
102 '2

12'3i4

98I4

9912

99 b Sale
86 Sale
82 Hi Sale

91
96

il2is

697

Lee '04

(Vl-S

M-S
M-N
M-N
F-A
J-J

9812

84
82 -4

i^erAot St L 1st g 4128.-1939 A-O
1st con gold 5S....18941944 F-A

Gen refund s f g 48
1953 J-J
St L M Bge Tor gu g 63.1930 A-O
Tex & N O See So Pac Co
Tex&PacEDivlstg6s..l905 M-S

9912 90
53
85
83 284

2d gold inc 6s

W

W

General gold 68

85
8OI2 83

1935 J-D

M Ist gu g 43. ...1990

Kan &

P & W Ist gold 43. ...1917
TolStL& WprUeng3i2S.1925
Tol

110-'» 11134 llOV;

134^2

Reduced to gold 4'28..1933

112

Jan'05

140

May'02

113H 112

II214

112

11214

IIII4.
10334

11238 Jan '05

11238 11238

103 12 103 •-s
106 May'Ul

103 Hi 104

104 ig.

'04

.

Mmn

1937
Registered.
1937
let guar gold 6s
1937
Wlll&SF 1st gold 5s.. 1938

St P & Nor Pac See Nor Pac
StP S'x City See C St P M &0
Salt Lake C 1st g s 1 6s.. .1913

Oct

11712.
11912.

Apr'02
Jan '03
13434 Dec'04
116^4 Sep '04
117 Jau'04

llOie.

110

Jan

1021a.

11334

Dec '01

122^4
1361a

Monte Istgugga

102''8

128
135

.

135

135

Seaboard Air Line g 4s ...1950
CoUtr refund g 68
1911
/Car Cent 1st con g 48. ..1949
•FlaCen<fc Pen 1st g 58.1918
let land gr ext g 58... 1930
Consol gold 53
1943
Ga& Ala Rylsi con 5s 01945
GaCar<fc No Istgugos 1929
Seab& Roal8t5s
1926
Sher Shr & So See
K&T
Sil Sip Oca & G See Atl Coast L
Sod Bay & So 1st g 5s
1924 J.J
Bo Car & Ga See Southern
So Pac Co— CoU tr g4'2S..1905
Gold 4s (Cent Pac coll), fcl 949
Registered
fcl949
A •& N Ist gu g 5s 1941
Cent Pac 1st ref gu g 4s 1949
Registered
1949
Mort guar gold 3i2S..fcl929
GalHar & S A 1st g 6s. .1910
2d gold 7s
1905
Mex& Pacl3tg58 1931
GUa V G & N 1st gu g68.1924
Hous E &
T 1st g 5s. 1933
Ist guar 5s red
1933

88
lot

89
105

97
105 12

Sgio

104

!«

98
109

'04

89

81

Jan '05
Nov'04
109

M

109

10434 J 'ly '04

1131, Sale
110^4
IIOS4

113
II314
110 Jan '05
llli4May'03

102

102

lOlSfl

IOII4

8434 89 12
10314 1041)4

109

109

96 14 Sale

W

109
101

"2
"2

Sale
Sale

96 14
S'G^ft
94i2Aug'04
lOiiha

101 14

15 109 12 113
110 110

'4

64 101
36 95

10138
97I4

101'i2

"3 ibs^giii'^

10.J34

93 101 14 104

99i4Mar'03
88
107
99
112

88^

88'8

BS^g

110''gJan'(>6
10238 103 Sep '04
II312 112 la Dec '04
107'4 ....
110 Dec'()4
105 lo....
1051a Jan '05

W

RR

<fc

I

1952 A-O

g43

gr g 4s ...1947 J-J

Registered
1st lien convert 4s

1947
1911
Registwed
1911
Ore Ry <fe Nav con g 48.1946
Ore Short Line IstgOs.. 1922
Ist consol g5s
1946
4s & particii^atmg
1927
Guar refund 48
1929
Utali <fc Nor 1st 78
1908
Gold 58
1926

Wabash

1st gold 58
1939
2d gold 6s
1939
Debenture series
1939
Series B
1939
lien
1st
equip s fd g 5s.. 1921
Det & Ch Ext 1st g 5s. .1941
Des Moin Div Ist g 4s. .1939
Om Div 1st g 312S
1941
T0I& ChDiv 1st g 4s.. .1941
St Chas Bridge 1st g 68.1908
Warren See Del Lac & West
Wash Cent See Nor Pac
Wash O
See Southern
West Maryland 1st g 48.. .1952
VVostiS id; Jr-a 1st g 5s.. 1937
Gen gold 3-4s
1943
Income 5s
rfl943
West No Car See South Ry
Va Cent & V 1st g 6s. .1911
Wheel'g
L E Isl g 58. ..1926
Wheel Div Ist gold 5s. .1928
Extend; Imp gold 5s. ..1930
20-year equip s f 5s
1922
1st consol 4s
1949

A

&

Jan '03
1013fe

Ist refund

Pac

J-J

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

FA
J-D
J-J
J-J

UH

High No Low Hig)
IIII2

9 110=8

lUV

9512

97'*

9714
Feb '02

127 12
I2912 Nov'04

1291a.
117 .
IO314.
II6I2
10114

Dec'04
Sep '04
Jan '01
Nov'04

122
100
113
102

91

901a

91

88
106

Jan '05
10938 Jan '05

1071a
109

106

100 la

lOO^'b

lOlia
104^2

102

IOSI4
11934 Sale

Jan

103
11912

116

"

6

9OI2

981a

5

9

"96

'4

'"a

May'04

118

1161* Dec'04
Sale 122
122
11334
II4I2 Jan '05
123=8
123 12 Jan 05
12 3 '8
12338 Jan '05
115''8 11612 11534 Jan '05

122

14 121 le 122
11412114'%
1

112 -8 Jan '05
87^2 J'iy '04
109^4

Sale

109^4

Hi

May'04

11538.

iiev^

Dec '03
Jan '05

130

117

J'ly'OO

100

Nov'04

no

May'04
Jan '05

93 12.

.

9734.
.

122

'2.

9912

.

112-'4

.

-'3 "a

112

112«8

10 i08'"i09i4

Feb '02

123

110
93

'^314!

12314 12339
11534 11534

11134
110 Dec'04
11434
114 Jan '05
11618 1163^ 115'8 Jan '05

119

"ys'ia

98

90 "a Dec'04

114»8
113^4

IO914

"9"u""s

"11

96I2 Jan '05

9634

108

'04

98^4
9 8 "2
11812 Nov'04

"2

10812 1081a

108

I2OI4 113 11712120 \i

no Feb'04
9812
971a 98 - 98
116 12 118 117i4Doc'04
Sale

91 Hi
108 Is

1091s 1093b

Oct '04
Oct '0
104i2Dec'Ol
114
113 Oct '04
II4I2 Dec'04
114
II5I8
119 Feb'04
108 -2
lOSiaJan'O:
109l4ll0'2 108 Jau'05
10138
103 Oct '04
IIOI2
109 Sep '04

9i!'2

January A

Dec'04

9714

I

Since
a; (2

114

114

list's

1157,

1151411514

,22
122
98^4 IOOI4

100 14

IOOI4
11218 J'ly'04

i01i2Dec'04
1203,
9612

vzix^

I'.^0i4l21'a

100
109 la Aug' 04
106'2Not'04
114 12 Jan '05
111 May'04
107 Sep '1)4

10818
9712

9634
9234

96I4

963*

91
89

94

84

8312

'05
'05

90
83 19

97

9514 Sep '04

103

97^8 Sale
,

95

9514
1057*
104
123 4
12;i2 35 11636 121>a
'06
103 Jan
10234 1031a
124 '2 127 12 "i 124 12 127
118
ilS^i 25 IMH 118»4
IO4I4
IO4I4
4 104
10414
97 'b
98 1278 9718 98
112 Dec '03
114 la Apr '02

103^2 I06I4 104
122^4 Sale II918
121 Sale 120

I24I2 .. .
11834 Sale

Sz

9034
84^4

Dec'04

9514 Jan '05
105i« 105^8 152

i 05 '8 Sale

109
103

114'2114'a

9036

Jan
Jan

91 12
9038 Sale
84 Sale

IIII4IUI2 111

100

95

14

104;'4

104

3 103 i-i
I2318 5784 112^8

W

10212

'

Un

Uni N J RR & C Co See Pa RR
Utah Central See Rio Gr Wes
Utah & North See Un Pacific
Utica & Black R See N Y Cent
Val Ind cfe
6ee Mo P
Ver
irginla Mid See South Ry
Va <fe South w't 1st gu 58.2003 J-J

«fc

J.J

J-J
J-J

Tor

IKJisApr'Ol

Registered.
1933
Dakota ext gold 6s
1910
Mont ext Ist gold 4s
1937
Registered
1937
Minn
Ist
div
Ist
£
g 5s.. 1908
Nor Div Ist gold 48.. ..1948
Union 1st g 6s
1922

A-O

50-year gold 4s
1950 A-O
Ham & Butt 1st g 48./a946 J-D
Ulster* Del 1 st con g 5s 192S J-D

llOialll

134^8 Oct '04

112^2

97 14 Sale

La Div B L 1st g 5s
Min dj N 1st gu 5s '30 PA
T0I& O C 1st g 5s
1935 J-J 114-4
Western Div 1st g 5s. ..1935 A-O 112

W

84

lllia

2000 J-D *12i'2
92000 Mar 100 Sale
1931 J.J 111

1st gold 5s

91

Ask Low

90

£ang«

Last Sale

11112112

A-O 112
90
M-N
M-N 109 14
M-S 114 ^2

SyraBing&NY 6«?DL<feW

Dec'04

10438 Sale 10435, i()43p
128^2 133 >a I30I4 Dec'04
113i2Jan'05
113^8
y9i4Nov'(i4
99

.

10

'883^"sfc!7j,

Il0l2ll0'8

H5'all5'2

lOSialoe^j 103iuJ'ly'04

ailSCKLIiANEOUSJ
nianulacturing &: Industrial
Consol Tobacco 50-jt g 48.1551
Registered
1951
Distil Sec Cor con V 1st g 58. '27
Distill of Amer coll tr g 5s. 1911
111 Steel Co deb 6s
1910
Non-conv deben 5s...
1913
Int Paper Co Ist con g 6s. 1918
Int St Pump 10-yr conv. 6a '13
Knicker Ice (Chic) IstgSs '28
Lackaw Steel Ist g 63
1923
Nat Starch Mfg Co ist g 63 1920
IN at Starch Co s f deb 53. .1926
Stan Rope cSr T 1st g 6s.. .1946
Income gold 68
1946
U 8 Leath Co s £ deb gGs.. 1913
"U 8 Realty <& I conv deb g 5s '24
U S Steel CorplO.60 yr58.d'6:<
Registered
April 19 63

W

Week's

Range or

M-N

& N Ala See L <fe N
Spok FaUa <te Nor 1st g 6s. 1939 J-J
Stat Isl Ry 1st gu g 4 "28.. 1943 J-1)

104%

1931
General gold 6s
1931
General gold 58
St 1.& b F RRconsg4s..'9G
Southw Div 1st g 5s.. 1947
Refunding g 4s
1951
5-year gold notes 4 Hj. 1903
K C Ft S & con g 6s.. 1928
C Ft S <fe Ry ref g 4s 1936
K C<fe M Rife B 1st gu 5s. 1929
6t Louis So See Illinois Cent
let g 4s bd otC8.1989
8t li S
2d g 4s inc bond ct£a...j)1989
Con80lgold4s
1932
Gray's PtTerlatgug 68 1947
Dul
See
Nor
Pacific
8t Paul <fe
8t Paul M & Man 2d 6s. ..1909
1933
Ist consol gold 6s
Registered
1933

SFePres* Plilstg58...1942
S A * A P See So Pac Co
SFiSi N P 1st sink I g 58.1919
Sav F & West See Atl Coast L
bcioto Val & N E See Nor<fc W

A-0

S

cte

M
M

412-63.. .1996

1951
1918
Ala Cen R 1st g 6s
1948
Atl & Danv Isl g 4s
2d 4s
1948
Atl<fe Yad 1st g guar 48. 1949
Col<feGreenvlst6s
1910
E T Va & Ga Div g 53. .1930
Con Ist gold 58
1956
1938
E Ten reor Hen g 53
Pac
Ry
1st
1922
Ga
g 68
Knox & Ohio Ist g 6s.. .1925
Rich & Dan con g 68
1916
Deb 08 stamped
1927
Rich cfc Meek 1st g 4s.. -194a
So Car & Ga Ist g 5s. ..-1919
Virginia Mid ser C 6s. ..1916
Series D 4-5s
1921
Series E 5s
1926
General 68
1936
Guar stamped
1936
O&
Ist cy gu 48.. 1924
West N
1st con g 68. .1914

lOliiNov'Ol

94

Div 1st g

St Louis div 1st g 43

10334 May'04

108

A-O

Mob&01uocoUtrg4s..l938 M-S

See

1941
Rutland Ist con g 4128
Rut-Canad Ist gu g 4s. . .1949
Tus & H See Pero ilarq
Sag
t Jo & Gr Isl 1st g 4s. ..1947
StLaw<fc Adiiou 1st g 5s. 1990
1996
2d gold 63
St L & Cairo See Mob <fe Ohio

1905
1912
1943
1994
1994

Sabine Div 1st g 68
Con gold OS
Southern— Ist con g 58

102
102 Og 169 10079102=8
1027g 100 Jan '05
luO 100
"82 99I2IOO
£ale
991a 100

7638

J-J

S PacofN Mex Ist g 6S..1911 J-J

120 Oct '01
112i2Dec'02

107

Gr June 1st gug5s...l939
1940
Eio gr So 1st gold 4s
1940
Guaranteed
Pitts

.

Price

Friday
Feb 3

Bid

(Continued)

H & T C 1st g 5s int gu..l937

110 Oct '04
107'%D€C'04

100
11^

100

'Bio

K

Southern Pac Co

loaJaSale

Kegietered.
Jersey Cent coll
Rensselaer <fc Sar See D <fc H
Rich & Dan See South Ry
Kich & ileck See Soutliern
5lio Gr West See Den & Kio Gr

,

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

110

Higii

II54II712 117i2Oct'04

1997
1997
43...
19dl
g

,

i(;o

118
114

KeadiDg Co gen g 43

;

Jan '05

121
111

Y See Y Cen
Pitta McKees
Pitls Sh <fe L, E Ist g 68. ..1940
1943
1st consol gold 58
West See B O
;i>itts
Ash Ist con 53.1927
IPitts Y

St
8t
St

liOSi 110

123 >a.

Cleve & Tol 6'ce B <& O
& CU See Penn Co
Ft
1922
June Ist gold 68
Pitts & L. Erie 2d g 58...al928

&

1U8

Low

H

IstETug 48.1931
See Penn BB
thU B <&
:Plilla& Beading cons 78.1911
iPine Creek reg guar 68.. .1932
Pitts Cin & St ti See Penn Co

RocU

Nov'07

BONDS
STOCK EXCHANG E
Week Endino Feb 3

Januarii

liiah A'o

102

IOC's 101
109
106'4 ....

WM58 1921

FUnt <fe P M g 63...

&

Ask Low

100

&1921

2Ugold4'28

'Pitts
[Pitta
iPitts

Last Sale

591

N. Y.

&

PereMarq— Chife

W

Since

1943

Eegi8ter6d4s

KagTus<fc

Range

110
108

PhUaBal<feWlst6 4s..l943

,

Week's

Kange or

10514..-.

'

'

Price

Friday
Feb 3

Sia

ipena an,—{Continued)
AUee Val gen gus 43... 1942
Clife'Slar Ist gu g 4'-28..19:?d
gu 4s g.'3b
D B K K & Bge 1st
GrR<fe I exist gug 4 128 1941

—Concluded—Page 4

W

109

M-N 119
F-A
J-J
J-J

Sale

108 12 111

90

M-S
J-J

109^8

...

95
68
102
110
97

.

J'ly'04
70^4 1202

Jan '04
Jan '05
Nov'04

MS

A-O

J-J

117''all9

661a

7034

'10934*

iio"

86

sS's

9712

98 1«

9OI4

931a

W

&

93 ifl

A-O
Nov

•dS^i

,

J-J

111

A-O

II414
11134
112'4
10134 103
9434 Sale

J-J
F-A
J-J

M-S

9234
11934

.Salf

Sale

98

'4

94

Bale

Jan

'06

40

Alar'Ol

111

?68
«5

98 '4 98 "4
111 lU
II4I4II4S4

II4I4

lloi4Mav'01
114*8

102

114=8

Jan

15

'05

9434

95

92'i

94I4 148

M&M

4a. 1949 J-J

931.

Dec'04

111
II4I4

WilkestfeEast i'ee Erie
VVU & Sioux F See St P

Wi« Cent 50-yr Ist gen
BO.N'

1124

93 14
88
88
88 ^2 88
97 12 Jam '05
98
106
109 -a Mar'03

J-J

A-O

IO7I2IO8
I18i4ll9<a
IIOI4II2V,

'05

II919

110>4

7 01- Sale

105

Jan

108
119

112

's L7'3

114>4ll4%
102
95 >9

102
93
9OI2

94'«

US—Concluded.
i>liscellaneous

84 ii Adams Ex col tr g4s
104
1948 M-S 104 Sale 104
84 164 74
AmDk<&lmp5s 6e«CentNJ
85 14 Dec'04
10034 J'no'02
8O34 Am SS Co of
Vag53
1920 M-N
80 Sale 79=8
80 il9 79
B'kl'n FerryCo 1st cons g 53 '48 F-A
J-J
97»8
63 Dec'04
99 Sep '03
ChicJccfeSt Yard col g 58.1915 J-J
10734 Nov'04
J-J
95
99 Jan '99
DetM&Mldgr
A-O
95
incomes..l911 A-O
78 Dec '01
92 Feb'04
78
F-A 107iall0i2 lOgiaJan'OS
109 "a 10934 Hoboken L& 1 gold 5s. ..1910 M-N
J-J 104 la Sale I04I4 10412 13 10234 104 "a Mad Sq Garden 1st gSs.. 1919 -M-N
Man Boh H & L gen g 48. .1940 .M-N
A-O 98 Sale 98
60 Feb '02
98
3 98
98
Xewp Ne Ship <fe D D 5s t(1990 J-J
A O 1071,1071a 107
108 281 104 108
H4ia
N YDock 50.yr Ist g4s..l951
M-N
*95
94 V2
93
92 Sale
92
92
7 91
9812 Dec'04
Provident Ix)an S004128.1921
J-J
98'2io2'
75
73 Dec'04
42I2
F-A
St Joseph Stk Yds Ist 4 laa. 1930 J-J
44 Bale
78 421a 48
46
2I2 102
II4
1'4
2 Sale
5V! St L Ter Cupples Htat'n * Prop
M-N lllia
llllQ 112
Co Ist g 4123 5-20 year.. 1917 J-D
9 IIII2II2
112 J'ly'04
S Yuba Wat Co con g 6s.. 1923 J-J
J-J
96
9312
95 la Sale
90 150 93
IKiHiJ'ly'OO
M.N 94 Sale 931a
94 14 Sp Val Wat Works lat 6s. 1906
9812
9414 1567 92
92I4
84
84
M-N
94 14
94<4 D SRed& Ref lata tg6H. 1931
84 Sale
1
94 >4
Noprtce Friday; latest bid and asked. oDneJan ^DueFeto cDue Mai <iDne Apr ADuo J'ly fcDne Auk o Dae Oct » Due Nov oDue Deo

F-A
F-A
A-O

81

Bale

80

46 10313104

W

FA

'

961*

9412

MS
MS

1

8339

xUnUon

84

aala

CHICAGO STOCK EXCHAl^aE— Stock

—

1

Eecord-Daily, Weekly and Yearly

=11^:

BTOCKS—SianUST AND LOWEST SALE PBICBS
Monday

Saturday
Jan. 25

Tuesday
Jan. 31

Jan. 30

Wednesday

Thursday

.Friday

Feb.l

teb.2

Feb.S

STOCKS

Sales

CHICAGK) STOCK

of the

JSange for Year

Sangefor J^eviou*
Tear (1904)

1905

Week

EXCHANGE

Shares

Lowest

Sighest

Lowest

Ji.'jhet

RoUroada
Dec '04 Atch Top & Santa TelOO
Jan '04 Chic & Alton
100

LastSale 85 ig
LastSale .S77p
ios"

i98""i98"

i'gs"

199

i'9'84i'9'9"'

i'9'8"i'9"8^

"64""6'4
24

24

121a

1212 •

12'4

•464 48

24

124

12'4

"•'6

•

60

214

2H4

60

60 '8 61
86
86

^64 804

21
61
86

21S,
»

'93 4 "93 4 "92" "924
•28

29

•

•83
22
•62

62

634

87^

87

22
64
90

26

24!%

243e

22

"3"84"28'i4

•384

99
68

•

"6*8"

•66* nil"

"ei"

66

""7"

*24
13

25

50
•30

50
32
85
22
63
99

85
•21
*61

DO

244

243j,

•234

65

•62
P3 4
28 "4
97
72

93%

2814
9714

281*

68

71

9734

100
100

iis"25 i'80"

Oak Park

100
100

"1*20

Chic<fe

Do

pref

Union Tract.. ..100

Do pref
Kans City Ky
Do pref

100

& Lt ..100

100
W
S Elev..l00
pref

Metropol

Do

100

25
640
210
190
20
750
470

North Chic Street.... 100 1,021
220
24 4 Northwestern Elev..lOO

98

1)3 >4

70 Feb
37 ^e Jan

Chic City Ry
Chic Consol Trac
Chic Pass Ry

1^7^ Chic

22
65
99

•61

"9'2" "9'3*4

29

61

•304 31
4 84

•824

22

134

504

48

48

•824

25

13

200

**"6*4

6'8

•24

"1*2^ "1*2^

314 314

81

SI

24
»

•1994

199

65

Do

04'..

prtf
South Side Elev

28 4

.Streets

974
72

100
100

WStable C LlOO

Do pret
West Clue Street

100
100

"6*7"9

175
19S
334

Jan"5 i99" reb"i 156

Jan 2(i
24 Jan 31
9 4 Jan 3
45 Jan 10
30 Jan 9
82 4 Jan 4
20 Jan 18
59 4 Jan 10
82 4 Jan 20
23 Jan 9
6'>4

""734 Jan"'6

24 Jan 31
13 '8 Feb 3
51 Feb 2

314 Jan 31
85 Feb 3
22 4 Jan 12
64 Feb 1
99 Feb 2
244 Jan 10
63 Jan 9 66 Jan 5
96 Jan 12 95 Jan 12
28i4Feb 2 29i4Jan 4
37 Feb 3 9934 Jan 11
684Jan 6 73 I-eb 8

Mar

88^8
3 7^8

Not

I'JO
......

Aug

"e "Sep

8

80 14 Nov

Jan

44
90
28

Jan

Not
Nov
Nov
Not
Deo

Nov

8.")

Mar 26
Mar 68
Mar 88

15
41
66
15

...•

'

23 Sep 27
4 Feb 15
27 4 May 45
284 Dec 31

Jan

Sep
Oct
Sep

263^ Nov
Apr 674 Nov
Mar 984 Not

Oct

34

824 Apr 103 J'n«
Apr 664 Sep

38

niisccUaneona

"10"

l04"l6i^
614 61\
•75

75

78
130
42

•

43

99"

110
69

*

69

99"

"40"
110

*

"99*

"'".'.'.'."46"

*i6"

"1" '"i"

•

'"'."'."io"
"

110

•

110

"io"

III"!

..'"11

10

10

Last Sale 7
155
iss" i65" 166 4156

"

'"'.'."

61

78
130

•

"lO'i^ American Can
*'l*6"'
124 Dec
61 ^j
614 6II4
Do pref
64^4 Dee
'0.5
LastSale 76
Jan
Amer Radiator
794 Deo
Lastnale 12e\ Jan 05
Do pref
1234 Sep
•41
424
Amer Shipbldg
404 Deo
99
Do pref
94 "4 Oct
LastSale t'y'a"' M"a'y*'04 AmerTite S Bank. ...100 ......
183 Mar 198 May
LastSale 40
Jan 05 Booth (A) & Co
100
'3s"jan""4 "4'6"jan"4 33 Nov 40 Not
LastSale 110
Dec '04
Do pref
100
100^4 Mar 110 Feb
*56
•56
60 Cal & Chic Canal & DlOO ""60 '5'6" Jaiili ""5'9"jaii"28 52 Feb 62 Aug
LastSale ISO J'lj -04 central Trust Bank. .100
120 J'ly 12334 Jaa

"T^'i"i6h

"i'o'hi

614

61
•76

6214

78
130

•

"oa"'

-'.'.'.'."

•10

•76

78

•12634 130

*"™'40"

61'«

100
100
486
100
9»8Jan25 12 Jan 3
3 4 Jan
100 1,501 60 Jan 26 64 4 Jan 18 31»4 Jan
100
76 Jan 24 76 Jan 24 40 Mar
100
12634 Jan 23 1243^ Jan 23 II6I4 Jan
100 ""io 38 Jan 19 49 4 Jan 9 19 J'ne
21 98 4 Jan 17 9914 Jan 11 82 Aug
100

Allis-Chalmers
Do pref

JaoQ"*05

Chicago Auditorium
Chic Brew'K <k Malt'g

Do

25

13

Pullman Co

*

4
'89

89

i'i6'4

ii6'4

"00"

'W

i'ioii i"l6»4

1*1*04

i*l*6'4il0*4

iio*' i'10'4

LastSale 46
90

90

•89

"ioo

'84"Feb"2

1

"to? 153

155
37

I,0ti5

1-.

iY6iiii04

32
7
160 140
25
213 1044Jan 6
2,862 134 4 Feb 1
1,217 10 Jan 4
b61 65 Jan 9

10
7

Chic Edison
100
sy->4
3(i4i
33
Chic Pneumatic Tool. 100
3G
36
36»4 36^4
3
36
361a
•
•140
*
140
chic
141
140
Telephone
100
141
140 140
141
10.->
105 Chic Title & Trust... 100
104410114 •104 105
•1044 105 *104'vl05H; 104 105
137 4 Diamond Match
100
133 1364 1S4413J4 13541364 137
137 1371a 13634 137
III4
III4
11»6 Illinois Brick
11
11
11
10
10
10\ 10\
6834
Do pref
68
634
69
664 68
664 664
Kans City Stock Yds. 100
Last Sale I'l^'" Dec"'"04 Knickerbocker Ice... 100
••>>•• >.»*•
84
Do pref
100
81
LastSale 77'"**J'ne'"04 London & Chic Contr
'04
LastSale 9
Dec
Manufacturers' Fuel
46
•45
Masonic Temple
"4*5ii*'46ii
MU&ChicBiew'g
3
2
*04
Last Sale 2C**"" No'v"
Do pref
*
*65^ "65\ '644 "55 14 "6*438 '6*5 14 **54"4'*6*6*"
5434 65
65
55 14 National Biscuit
100
•
II6I4
llt^is
11614
1164
116'4
Do pref
100
116 116
116 1164 116
116
•41
•40
424
National
•404 42
43
42
Carbon
42
424
100
43
42
4
421a
116 115 *all3i4
Do pref
116 114
100
114 41144 114 4115
LastSale 106
Jan '05 People's Gas L& C'kelOO

153
36
141

Jan
Jan
Jan
Jan
Jan
Jan

Jan 6 10 Oct
Jan 18
1
Jan
Jan 20
7 Feb
Jan 3 140 May
37 Jan 20 18 J'ly
143 Jan 10 115 Mar
105 4 Jan 6 86 Feb
1394 Jan 23 12u4Feb
114 Jan 16
34 Mar
71 4 Jan 16 384 Mar

50

pref

""2
20
i',620
33-2

5

18

10

"8'4"F'e*b*'2

'45" Jan 16 '4'6'4Jan'l'7
2 Jan 30
2
Jan 30
"54" Ja'n"2'5 "57" Jan" 3

1144Jan

715 41
474 110
106

5

lly4Feb

Jan 25 43
Jan 5 115
Jan 11 106

1

Jan 18
Jan 31
Jan 11

il4"jan"6
"m i09a8Jan26
46 Jan 25 46 Jan 25
""66

Vn Stock Yds(So Om)100
Sale 10>^" Dec '"04 Union Bas <fe P Oo ...100
Do pref
100
...™ ...„.
"'i'\"i"
Unit'd Box Bd & P ColOO
III4
11
11
Do pref
114
100
LastSale 10
KoT'04 Weaver Coal <fe Coke
•20
•234 25
26 Weetem Stone
100

2l8
ll"*

•*...* ......

2I4

114 "iiVii% Ill* 1114
'234*234 * 28 4 "23 '4 -'."„ *2"3""

BONDS

Feb.

Bid

Amer Blfloult 68
Amer Strawboard

WeeVs

Friee

Friday

1910 F-A

l8t6s.. 191 1 JAtcfUaon Adiust 48
W995 M-N
Ca.ss Ave <fe F G (St L) 58.1912 J-J
Chic Boani of Trade 4s ...1927 J-D

3

100

103
103

103'4

C
F

L&C

'05

994 Jan '05
Nov'04

93

W

J-J

108

-D

107

.f

J -j
J-J

103 Jan '05
103 Apr '04
65 Jan '05
103 ig Jan '05

1014

b64Jan 4 90

Jan 14

lOlSg

Consol g 58

West dTv

City

Ry

108

4Jan'05

103»8

Vi

Weat'rn StonoCo.0-20 68.iy09 A-O

103

103

62

65

1^4

10341034
IS 1044104^8

City

Chicago National
Chicago Saving.s
Commercial National
Continental National
"00k Co Stato Savings
Corn Exchange Nat
Drexel State
Drovers Dep National

N ational

FirstNat Ensrlewood..
Foreman Bros B'k'g Co
72
76
70 68
Fort Dearborn Nat
76
79 Nov'04
Hamilton NaUonal
80 Apr '04
Hibernian B'k'g Ass'n
107 ^8 103
Home Savings
10,>7slo8
100 ^8 lOO^B
lOOOg 100^8 International Trust Co
97 4 Jan '05
Tr <fe S.avings
Kenwood
974 974
93 Jan '05
98
Manufacturers Bank
98
95' '4
96 4 24 954 964 .\Iilwauke6 Ave Scjitc.
>-9
150 81I
86
Nal Bank of Republic
8;J
'05
Jan
100
Natioual Live Stock...
95 100
99 Jan '05
94
North .'-iide State Sav..
99
Oakland National
94 Jan '05
94
Peoples Trust & Sav ..
94
96
95
Prairie National
934 95
89
88
88
894 Pralne State
Pullman Loan & sav..
99»4
094 South Chicairo Savings
994 10 99

10338

'.J

97

994 994 Chicago

I4

IO24
102
102 »8
A-O 105 4109 1064 1064
M-N
114 Nov'04
M-S
81 J'ly '04
F-A
M-N
f-S
Nov'04
M-N 100 Sale 100
100
F-A
70
May'Ol
19:4 J-D '89" Safe
89
89
90 '4 Sale
1930 M-N
89 4
904

4 4h.. 1932 J-J

Calumet National.

loo

100

...
...

10034 Nov'04

1

Debent 68

January 1

First

J-J

97
100

97

Jan

Feb
1734 Nov
36 Nov
1474 Nov
10 S Oct
142 4 Nov

124 Deo
764 Deo

"1*2"

Oct*

Feb
Jan
74 Nov 9 Deo
42 Aug 51 Jan
1^4 Apr
24 Jan
20 Nov 25 Sep
36 Jan 684 Deo
99 4 Jan 1164 Not
25i4Mar 464 Deo
95 Jan 120 Sep
9808 Feb IIOI4N0T
Jan

50
17

J'ne

62
20

J-me

Not
474Jan
87 Not

Oct

lOo^Doo

99»8Apr
3534 J'ne

75
'7^4

943
2,043
""6"5

238 Jan 4
12i4Jan 4

7

J'ly

"23'4Jan"28 "23 '4 Jan 2*8

10
14

Nov

13«Fel» 2
Jan 3

10

OutstandSurplus <6
ing
In
Fro/Its
Stock
1903

NAME

Since

Feb '04

98

lO.S
10>3

]03'4

Banp*

1034

F-A
M-N 9934
100 4 Dec '04
127 123 4 Sep '04
let 6s. 1943 A-O 124
1947 M-S IO6I4IOSI4 1074 1074

Befuiiding g 58
Chic Gas Lt&C let 5s. .1937
Consnnicrs' Gas 1st 5s..l9:ii;
St Louis Brow'g Ass'u Os. 1911
South Side Kiev 4 >:;S
1924
Swift <fe Co Ist g 58
1914
194.'^
Union El (Loop) 58
Union I'aclllcconv4a....l9Il
1910
U 8 Brewln;,' .'is
United Breweries (Is
1928
cl963
U 8 Steel Corn 2d 5s
West Chic .--t 1st 58
U2S
Tunnel Ist 58
1909

2

High iV^fl. Low Migh Bankers National
Jan

lUo
99

9.)
J-J
Consol Br <fe Mlt6s
65
6:!
Chlc<'on.solTrao44s
1939 J-D
Chic Edison debent 63....1913 J-J 103 4
Igtgold 5s
711926 A-O 1U44104\
Chic Auditorium l8t58...1929 P-A
Chic Dock Co 1st 18
1929 A-O
loo's
Chic EquiiGas 68
1905 J-J 100
Chlc&MilElecUy 5S....1919 J-J
Chic Pueum Tool istSs .al»21 J-J
76
764
Chic Bock I & Pac RE 4s.2o02 M-N
liil3M-S
Collat Trust g ob
Commonwealth Elect 58.bl94H M-S 108 Sale
Kans City Ry & Lt Co .".s. 1913 M-N 1 00 ^t Sale
Knlckerb'ck.^r Ico 1st 5s. 1928-<i.-0 t974 98
Lake Stroet F.l l8t Ss
1928 J-J
964 98
963(, Sale
Metr
Side El Ist 4a....l9;;8 F-A
Extension g is
89 Sale
.li'H8 J-J
North Chic St 1st as
99 100
19uo J-J
Jst 58
99
1909 J-J
Refundin'.r g4 4s
1931 A-O
No Chic City StBy 4 48.1927 M-N
North Wesfn El Ist 4s. ..191 1 M-S
95
194.') M-N
Ogden Gas 58
89 4 Sale
Pearson 8-Taft 58
1916 J-D 1004
4-4('8 B B B
98
1920 .M-S

Series
4-808 Series
Peoijlo'sGas

or

Last Sale

Ash Low

Clilo

4408

Range

104 Dec

Nov

s4J'iy

Sep

1*16*4

Not

338
20»4

Jaa

19 Fob
25^ Deo

CMcago Banks and Trust Companies

CMcago Bond Eecord
CHICAGO STOCK EXCH'GE
Week Endixo Jan. 27

1 14

8

100

St Louis Nat Sfk Ydfl ....
i*i6\ Swift* Co
100
Jan '05 The Quaker Oats Co. 100
90
Do pret
100

'Last

...„...„..

lOi^Nov

1

7
20
25 170

'04

state

Bank of Chicago.

Stock Vard.s Savings
105 4107 4
107 103

..

Uniim .Siock 'I'ds Stae
U S Bank & Trust Co
.

Dividend Record

In Per
1904 iod

Last Paid

%

2,000,000 $1,075,258
Q-J Jan '06,
100,000
38,243
8-1-6
200,000
138,968 IS
J-J Jan '06,
,000,000 1,393,4.=>6 16
12+3 Q-J Jan '06,
500,000
66,575
'12'
'12
2,000,000 1.732,020
Q-J Jan '06,
3,000.000 1,056,73'J
Jan '05,
8
8
60,000
5,570
Jan '06,
6
6
12
Jan '05,
3,000,000 3,424,108 12
'200,000
13,960
Jan '06,
6
6
600,000
268,800
8
Q-J Jan '05,
8
8,000,000 6,0 42,023 1112
12
Jan '05,
100,000
100,957 10
Jan '06,
6+4
500,000
610,276
Priv ate Ba nk
500,000
182,105
6
6
Q-J Jan '05,
13S,802 "8'
500,000
1,000,000 1,025,612
's'
J-J Jan '06,
100,000
127, 16J
10
10
J-J Jan '06,
200,000
Proje cted 1 nstitu tion
200,000
3,271 Began Jan 3, 190
200,000
14,120 "6
'6
250,000
238,642
-J .Tan '06,
2,000,000
916,164
6
Q-J Jan '05,
6
1,000,000 1,267,686 15
12+3 Q-J Jan •06,
50,000
5,755 "6*
J-J Jaa '06,
6
50,000
48,513
J-J Jan '05,
6
New Bank
200,000
250,000
63,526
8'
250,000
67,299
U38 Q-J Jan '05,
200,000
257,808
Q-J Jan '06,
8
8
Jan '06.
200,000
25,188
5
573,124
1,000,000
6
Q-J Jan '06,
250,000
87,139
New Bank
200,000
1,000,000 1,000,000 ProJe cted I n8ti taUon

n

rj

,T

2
4

8
3
2

8
3

14
2

S
8

14
4
6

3

14
3

3
3

3
a
1

!>

'4

1064 100\
102', 103^8

1024 103 '8
105 4100 4

94 100
80"*"8"9"

88 4 ;'0 4
97
97

Amer Tru.st

6

ij(>ntral

1

(t Savgs.
Trust Co ol ill
(Colonial Trust <fe Sav..
Drovers Trust & Sav..
Kquit able Trust Co
Federal Trust A Sav..
Kirst Trust Ji Savings
Illinois Trust & Sav..
lack.son Trust & Sav..

2,000,000 1,363,^77
4,000,000 1,3<2,'238
100,354
200,000
43,426
200,000
350,000
500,000
833,221
2,000,000
527,886
1,000,000
4,000,000 6,030,054
250,000
61,899
Merchan Loan & Tr Co 3,000,000 3,.')75.896
Metropolitan Tr<fc Sav
228,397
750,000
Xorthiirn Trust Co Bk 1,000,000 1,697,622
437,088
Itoyal Trust Co
500.000
614,513
Union Trust Co
1 ,000,000
158,337
Western Trust & Sav. 1,000,000

6
G

8
16
12
6
8

6

7
4
6

J-J Jaa
Q-J Jan
Q-J Jan
Jan

6
8

M-S

4

Q-J Jan

12+4
12
6
8
6

.Sep

'06, 4
'05, 1
'06.
'06, l>a
'04, 4
'06, 1

H«

Q-J JaJn'Oe,

"s"*!

Jan
Jan
y-J Jan
F-A \ug

'06,
'06,
,06,
'04,

3
3

Q-J Jan

'06, !>•

3

3

Also paid 12 4% In Doo., 1903, in stook of First Trust A Savings Bank,
i Capital and surplua to bo Increased.
U Includes special dividend of 80%
deolared Aug. lo, 1904.
* Bid and asked prices; no sales wore made on this day.
a Due Deo. 31.
iskod this week.
t No price Friday; ijJiest bid and asko
t> Due June,
e Due April.
& Dae July.
||

'

Feb.

— —

— —

.

—
.

THE CHRONICLE.

4. 190r>.

593

Bid
Ask Industrial and iVIisce
100 105 4 106
llCons Firew'ks com .100
58 g 1949
See Stock Exeh lut
UPreferred
100
Indiana Nat A 111 Gas
Cons Ry Ltg&Refrig.lOO
M-N
25
1908
35
Ist 63
Consol Rubber Tire.. 100
50
60
Indianapolis Gas
Debenture 4s
M-N no6
1st 6s 1920
Con3 Storage BatterylOo
50
81
Jackson Gas Co
Cont Tobac deb 7s'05A-O
103
A-O i
5s g 1937
Cramps' Sh cfeEn BldglOO
30
100
40
Kansas City Gas
IJCrucible Steel
100
53 1922 See Stock Ex list.
UPreterrod
100
100 100
TII>aclede Gas
Cuban 6s of 1896
90 105
100
TJPreferred
HDiamond Match Co. 100
58
63
Lafay'eGaslst6s'24..M.N
Dominion Securities. 100
25
35
Log&WabVlst6s'25.J-D
Douglas Copper
5
Electric Boat
Maddaon Gas 6s 192G.A-() 5106 109
100
Newark Gas 63 1944. Q-J 51354 136
Preferred
100
80
Electric Lead Beduc'n.50
Newark Consol Gas. .100 85
S.D 5 10 J -4 110
Preferred
HCongSs 1943
50
Electric Vehicle
No Hudson L H <fc Pow
100
Preferred
A.O no8
OS 1938:
lOu
3
5
Electro-Pneum'icTranlO
TlOcfe IndCNat&IU.lOO
25
35
Empire Steel
Ist 6s 1926
J.D
100
71
75
Preferred
Pat & Pas Gas & EleclOO
loO
51044 106 TJGeneral Chemical ..100
Tl Cong 5s 1949.. ..M-S
100
St Joseph Gas 5s 1937. J-J i 97
IJPreferred
100
Gold Hill Copper
1
Greene
Con
Cop
See
Bost
Teletn* Sz Telephone
Greene Consol Gold... 10
95
96
1lAmerTeleg& Cable 100
HackensackMeadowslOO
121
ITCentral & So Amer. 100 118
Hackensack Water Co
Kef g 4s 52 op 12...J.J
Commer Un Tel (N Y).25 115
85
Hall Signal Co
Emp & Bay SUte Tel 100 80
100
47
Havana Commercial. 100
Franklin
100
125*
122
Preferred
UGold & Stock
100
100
Havana Tobacco Co. .100
1I4'28, 1905
Hudson River Teleph 100 98
Preferre<t
100
Hecker-JonesJew'l MUl
UN Y<fcN JTeleph...lOO 171
Isl 68 1922
5s 1920 See Stock Ex Chang e Ust
M.S
Herrin g.HaU-Marvin 1 00
UNorthwestern Teleg. 5(i 125 128
80
85
Pacific <fe Atlantic
1st preferred
25
100
2d preferred
HSouthern & Atlantic 25 100 106
100
tias Securities

Yolume

of Business at

TBANSACTIONS AT THE
DAILY.

.........

Tuesday

Wednesday
ITiursday
Friday

$67,413,900
1^5,110.800
111,677.100
85,032,900
90,048.800
118,836.200

Sales at
Stock

V S
Bonds

State

<tc

Bondt

6.636,637 $598,119,700

Total

'

692,539
1,287,083
1,209.854
939,661
1,084,263
1.423.237

STOCK EXCHANQB

Sailroad

Bonds

$4,867,500
6.230,000
5,639.000
6,314,000
6.035,500
5,192,000

.S756.000

1,150,500
855.500
631.500
856,200

$4',6o6

434,500

$33,278,000 $4,684,200

January

Week ending February 3

$4,000

1 to February 3

Sew York

Exchange

—l^^o.shares

Stoclcs

Par Talue

Bank

shares, ikar..

$4,000
4,684,200
33.278,000
$37,963,200

State bonds
BB. and mis. b«nds
Total bonds

1904

24,239,819
2,654,975
6,636,637
14,712,098
$598,119,700 $241,316,900 $2,225,071,700 $1,382,726,175
$274,200
$1,000
$2,600
i92,000

BONDS
QoTernmentbcBds

'r

1905

1904

1905

2.000
$13,529,000

$20,000
19,393,800
138,508.000

137,000
92,678,500

$13,531,000

$157,921,800

$93,008,000

$192,500

DAILY TRANSACTIONS AT THE BOSTON AND PHH.ADKLPHIA

EXCHANGES

Week ending
February 3

1W5

24,499

Monday

47.9-28

Tuesday

90.024

Wednesday .

68.5SI3

Thursday

85,040
37,489

6,826
6.884
14,417
13,464
12,086
28,739

313.573

82,416

Total

Bond

Unlisted
shares

Listed
sharef

Saturday

Friday

Fhilad^lphla

Boston
tale*

$17,000
52,000
61,500
29.300
56.000
91,225

12,018
24,679
34,592
46,819
90,343
70,401

$307,025

278,852

Electric

Bond

Unlisted
shares

Zisted
shares

$53,500
88,500
140,200
50.500

17,555

14,062
12.167
6,536
9,927

1-29,500

113,000

74.510

$675,200

Outside Securities

NYife Q El L&PowColOO
Preferred
100
United Electric of N J 100
4s 1949
J-D

Ferry Companies
Brooklyn Ferry stocklOO

B& NY 1st 63 1911.J-J

A

Weekly Review of

Street Railways
Street KaiUrays
Bid Ask
NKW YORK CITY
Lake St(Chio) El stk. 100
00
Ful
F
atk
1
32
34
St
Ist
58 1928
<fe
J-J
Bleeck
93 100
ULouisv St5sl930..J&J
Hist mort 4a 1950 „ J-J
Lynn<fe Bos Ist os '24. J-D
«B'y <fi>7tUAT«3tk ..100 244 248
New Orl Rys Co
100
Tr2dmort 5s 1914 ...J-J 104 107
" Con 53 1943
Preferred
See Stock Exch Ust
100
Ist
gu
1924
nos
110
Surf
5s
4'2S
1952
J-J
B'way
North Cliic Str stock. 100
2d 5s int as rental 1905 i 99'2 101
Pub Serv Corp of N JlOO
HCeut'l Crosst'n 8tk..l00 330 350
Tr ctfs 2% to 6% perpet
HlstM 6s 1922 ...M-N iin 121
205
stk.lOO
210
&
E
K
North Jersey St By lOU
Cen PkN
177 185
Ist 48 1948
Clir't'r<S; lOtb St stk 100
M-N
Cons Trac of
ol& 9tli Ave OS See Stock Exch list
J... 100
Ist 58 1933
J-D
Dry D K B & B—
112 115
New'k Pas By 68 '30J-J
i. Hist gold 53 1932.. .J-D
99
....F-A
'05
1914
101
53
Or
&
Now
1st
6s
A-O
itscrip
405
Essex Pas 68 1905 M-N
IJEiglitli Avenu6st...l00 390
106
Eapid Tran St By.. 100
HScrip 63 1914 ....F-A 105
1I42a&GrStF'y8lk..l0O 405 415
I8t5s 1921
A-O
70
i2dStM & StNAr..lOO 50
J C Hob& PatersonlOO
fllstmort 6s 1910 .M-S 104 1^ 107
4s g 1949
M-N
80
85
So J Gas El & Trac 100
il2d income 6s 1915 J-J
Gng53 1953
Ihterboroagh Rap Tr.lOO 204'^ 205

Bid

414

W

28th &
TfTwenty-Th'd St stk 100

ivmh

29lh Sta 1st 5s '96 J1121.2 114

390
J-J
Deb 5s 1900
98
Union By l8t 58 1942 F.A 5108
'43
J-J lOJ
Westchest 1st 5s

400
1.00

105

BROOKLYN

J,

Atlan

noo
5100
250

no8
24
793<
1-25

Ave

58 1909. .A-0

no2

W

E 5s 1933. .A-O lt.13
BB&
Brooklyn City stock.. .10 238
Con 5s See Stock Kxcli list
Bkln Crosstn 5s 1908. J-J 102
Bkn Hgls Ist 5s 1941 A-O 104
Bkln Q Co & Sub ,S'C€ Stk Exch
Bklyn Bap Tran See Stk Excli
HUoney Is. & Bklyu ..100 340
Isl cons g 43 1948. .J-J
99
BrkCdfc N 58 1939.J.J 113
'06
Or St&Ne w Ist 53
F-A 100
Gr'pt &Lorimer St 1st 6s 102
Kings Co. ElevatedIst 4s 1949 See Stock Exch
Nassau Elec pref
lOO
75
68 1944
A-0 110

MS 5103

No Hud Co By 68' 14 J-J ni2
5s 1928
J-J 5109
Ext 5s 1924
M-N «105

104

242

73 h,

106 "a
108

43 1934.....S-««Stk

list
list

UnitKysSacirran i'ee.Stk
Wash Ky <& El Co.. ..100
Preferred
100
43 1951
J.D
10(i
HWest Chicago St
TiCon g 58 1936
M-N

Cent Union Gas 1st os...
Con Gaii (N Y) stk. See St
(Jonv deb 6s Otis <S'(?eStk
TIMutual Gas
100
New Amsterdam Gas

1st mort 58 1919. ..J-D
HUnion Ferry stock .100
Tllst

Exch
Exch

106
94's

24
69 "s

BAilroad
Chic Peo <6 St L pref.lOO
Deposited stocn
.
Undeposited stock
Prior lien g 4 48'30M&8
Con mtg g 5s 1930. J&J

29'4

Income 5s 1930

68
a7

no

k Exc h

Exch
290

list
list

310

list

SO
12
63

34
12-4

100

10034

137

1374
14
8

7'..

40
75

4-2

15

16

81

4
14
t

234 24
^
4
7

9

40

50

55

GO

1014 1024

h

t

Stock Exch
7>4

t

10

18

964

595
85
12
36

90

344

351

44

46

102

106

30

40

3

6

1

ImplOO 200

Industrial and 3IisceI
Alliance Eoalty

115
161

100

HAmer Bank Note

Co. 50
American Can com.. .100
Preferred
lou
American Chicle Co. .100
Preferred
100
-imerican Elevated
Maltint;6s 1914. J-D

9^4

61
124
95

Am

American Nickel

il'4"

lii t

Amer

14

Am

24'8

1st consol OS 1948.. J-J 5111

81
t30

N Y&

'j

Coal. .50

28

48
101 1<

173

1514
37
77

IJPreferred

60

19
86
112
42
105
168
24

100
100

69»4

N Y Transportation. ..20
Nor Am Lum'r & PulplOO

HOntario SUver

1\
100

N Y Biscuit Os 1911. M.S
N Y Mtge & Security. 100

IINew York Dock

1024

Ihe

7*4

34

100
100
loo

49
103
10c.

1

20
92
120
46
i72'*'

25 4
60 4

84
1'4
44

494
106
IL'o.

28^4 28 '8
Pittsburg Brewing
50
474 48
Preferred
50
21 14
21
Pittsburg Coal
100
78'4
78
125
Preferred
100
6'4
7
Pope Manul.icturing.lOO
I0I4
71
74
Ist preferred
100
21
22
614 "d preferred
llio
128
Pratt & Whitn pref.. 100 100
9a
Realty Assoc (Bklyn)lOO 1334 isi"
Royal BakPowd pref. 100 10b4 110
104 4 RiisseU & Erwin
63
25 t 61
I'e Safety Car Heat & Lt 100 200
105
Seminole Mining
h
5 t
4
Singer Mfg Co
100 660 680
•^0
68
Standard CouplercomlOO
14
Preferred
100 120
9
192
10
Standard MiUing Co. 100
34
500
37
Preferred
100
78
list
79
5s
655
Standard OU of
J. .100 650
3g
265
Storage Power
50
list
Swift & Co See Boston St ic Exc h'ge
list
1st 53 1910-1914. ...JJ 51024 1134
40
Tennessee Copper
344
25 t 32
70
IL'O
85
IJTexas & Pacific Coal 100
oh Ist Os 1908
A-O 5105 110
26
Title Guar & Trust See Trust Co'8.
83
Title Ins Co of N Y..100 185
195
ao^i Tonapah
(Nevada). 1 t ll'^i 12 '«
15
4
Trent on Pol teries com 100
19
20
88
Preferred new
90
100
65
.36
Trow Directory new.. 100
75

N

t

,

Pref d
fie« Stock Exch
4s amies
^-eeStk Exch
35
Typefo'rs com.. .100
96
Preferred
lou
5
Amer Writing Paper. 100

i,j

B

50
Boston Consol .5
Mosler Safe Co
100
UNat Enam & Stamp 100
KPreferred
lOO
National Surety
100
TlNew Central Coal
20
<&

Otis Elevator com
944 954 Preferred
43
434 Phoenix Mining

lstg4sJnnell954.J-D
2dg48 June 1 1954

Preierretl
100
112
5s 1919
JJ
East Bivor Gas—
Arizona Con Mining.. .50
115
Ust
1st OS 1944
J-J 5113
Baldomero Milling
b
112
350
Consol 5s 1945
J-J 5109
Tl Barney & Sm Car ...100
100
N Y <fe Richmond Gas.lOO 35
1i Preferred
100
115
Nor Un Ist 5s 1927. M.N 104 108
Bethl'm Steol Corp... 100
160
IJStandard Gas com ..100 130
Preferred
loo
TlPruferred
100 155 170
CoU.tr. g.s.f. OS 1914....
5110>2
U2'2
1st 63 1930
M.N
Bliss Company com
50
list
Preferred
50
OTHER CITIES
BondiS; Mtg Guar. ...100
75
113
Amer Light & Tract. 100 73
Borden's Cond Milk.. 100
Ist 4s 1951
See St k Exc h list
Preferred
100 100 101
Prefcrreil
lou
3
N Wb'g & Flat l8t ex 4 ^a 101
;oi
Bay State Gas
50 t
u
British i.ol Copper
5
•teinway 1st 63 1922.J-J 5119 121
93
Binghamton G<18 5s 1938 i 94
Camden Land
3
Brooklyn Union (^as deb
Celluloid Co
100
184
Os 1909conv'07...M.S 180
OTHER CmKS
Cent Fireworks com. 100
D
6
Bntl'alo City Gas stock lOU
Preferred
100
Buffalo Street By—
1st 5s 1947 .See Stock Exch list
Central Foundry
100
Ist consol 53 1931. .F-A ni2
llS^-j Consol Gas of N J
1 00
Preferred
lou
"10" 95
Deb 68 1917
A.O noj 1117
Ist 53 1936
JJ
Deb
6s
1919
op
'OlM-N
Chicago City Ky stk. 100 199 200
Consumers' L H <ft Pow—
Century Realty
100
Chic UuiouTraciceSt'ck Exch Ust
6s 1U3S
J.U 5112
Cnesebrourli .MfgCo 100
Cleveland Electr Uy loo
83
75
8tV; liDetroit City Gas
50
TiClaMiu
(U
B)
com
100
Columbus (O) St Ky..l00
100 >2 Elizabeth Gas Lt Co. .100 250 3U0
Hist preferred
100
Preferred
100 108
Essex cfe Hudson Gas 100 126 126 'a
1i2d pre!erre<l
100
Colum By con 5s See Ph ila list
Fort Wayno 6s 1925. .J-l 5 58
61
Col & HockCoaldkl pf 100
Crossl'wn l8t5s'33.J
65
n07\
109
Gas & El Bergen Co.. 100
664
1st g53 1917
J.J
arand Rapids Ky
100
55
Grand Kapids Gas
Compressed Air Co... 100
Preferred
1
iqq
"gfi;
87 14
85
gg
58
1915
F.A 5102 104
Tilst
1113158
Consolid Car H
Consoliil
Heating
eating" 100
I Buyer pays accrued interesu 1 Price p^r saare. jdalo price, a Ex rights. *Ex Oiv
JNew stock, seUs

106

1

13
10

51014 1024

Preferred

924 Mont

•ZO

Common

5103^2

109

n

87>8

8

1910

74 Monongahela

6

106
90

95
Press Assoc'n.lOO
Am Soda Foun oom..lOO
29^8
63
1st preferred
100
86 S,
2d preferred
100
88
.American Surety
50 187
75
Amer Tobacco (old).. 50 250
90
Preferred
See stock Exch
Amer Tobacco (new)

86>f,

i

M-N

58 1920

HFort Worth & Denver
45
City stamped
100
N Y Cent deb 4s '34.M-N 1004
Northern Pacific
100
168
When releaseil
101
Northern Securities.. 100 151
lOl^a Pitts Bess <& L E
34
t
50
'256
Preferred
50 t 74
Seaboard Air Line
Coll tr 5s 1907 op.. .M-S 102
80 !< Va <fe Southwestern.. 100
52
127
Wabash Pitts Term By—

Bochester By pref ... 100
Con 53 1930 See Phila list
2d 53 1933
J-D 103
93
So Side El (Chic) stk. 100
Syracuse Bap Tr 03 1946 5106
United Rys of StL—
22
Com vot tr ctfs
100
68 li
Preferred
100

aen

See Stock

84
110
116

104

Land<fe

7='4
5

16

M-N 5102 103 4
1»4
Houston Oil
24
100
205
16
Preferred
17
lOO
103 4 Hudson Realty
110
63
65
Internat'lBankingColOO 152
88
92
134 13'4
Int'n'l Merc Marine. 100
25
34 »3 35 14
Preferred
loO
78
784 Col tr deb 4 41922op'07 86
214 "224
International Salt
100
63
66
Ist g 5s 1951
24 4 International SUver. 100
8
10
106 108
424
Preferred
100
Exch Ust
Ist 6s 1948
J-D 51024 103
70
75
Lanston Monotype
20 t 134 13^
5 85
90
Lawyers Mort Xnsur.lOO 190 195
51034 1094 Lawyers' Title Ins. ..100 330 340
5110 111
Lord & Taylor pref ..100 1044 110
5105 110
HLorUlard (P)pref ...lOU 135 140
40
60
Mackiy Companies ..lOo 394 39'',
95
5 91
74\ 75
Preferred
loo
28
20
32
25
Madison So Garden. .100
91
93
80
2d 6s 1919
M.N 65
11
13
TJManhatt Beach Co. 100
334
4
Manhattan Transit
20 t
Mergent'ler-H'n Bskt. 1
Mex Govern't 48 See Stk Exch hat
5
7
74 Mex Nat Construe. pflOO
1I5s

1554 160

804

Pat City con 6s '31. J-D 5123
2d 6s. ...1914 opt A-O 5100

Gas Securities
NEW YORK

Con OS g 1931
A-0 113
Impt 5s See Stock Exc h list

15

99

73

28
80
83
109
3115

•'

YkersSlBR 53 X94GA-0

4''.

14
76
91
140

.

Second Avenue stocklOO 205 210
104
Tllsl mort 58 190U M-N no3
Consol5s 1948.... F-A ni4'i 115
176
^Sixtli Avenue stock 100 172
Son Boulev 58 1945. .J-J no2 106
..A-0
l8t
1919.
5s
no5 108
SoFer
Third Avenue See atock Exch list
Tarry
P & M 5s 1928 103 106

4

1121a 113 "a
113

'

N

Ask

3'2

•

Lex Av & Pav F 5s See St kExc list
Metropol Securities See Stk E X list
Metropol Street By See Stk K X list
Ninth Avenue stock. 100 185 192

58 1948

N Y & E R Ferry stk. 100
Ist 58 1922
M-N
N Y Hob con 58 '46. J-D
Hob Fy Ist 5s 1946 M-N
N Y& N J Ist 5s 1946. J-J
lOth & 23d St3 Ferry 100
<fc

Outside Market will be found on a preceding page.

Hoboken

At/t

15
65

HKingsCo El L&P Co 100 195
Narragan (Prov) El Co 50 t 99

Con

'

Companies

Cliicago Edison Co. ..100

sales

14, '2 63

Bid

Hudson Co Gas

WEEKLY AND YEABLY
Par value

Shares

Saturday

Monday

NEW YORK

Stocks

Week endtnn
February 3
1905

Stock Exchanges

Mm

t3»8

128
29
88
103
140
130
395
143
113

294 Union Copper
l(j
fc8 4 Union Typewr com. .100

150
145
145
115

t

6 '4

t

h

6
'4

121

13
63
4^4

23
80
144
440
101
96

17
67
473

2o4
84
148

480
105

l3t preferred

10(i

S^
118

2d preferred

loo

118

Unit Box board& Pap. 1 00

2
11

Preferred
100
U. S- Casualty
100
U S Cotton Duck
U S Envelope com. ..100
100
IJPreferred

U

S Leatheri;ew(w 1)100
Prilerred

new (w

1)100

New 08 (w 1)
See
U S Steel Corp new 5s
'11

14

95
120
lnO

24

114

195

84

6
17

83

434 46
944 954

99
X list
.. 51114 113
Coltr sf 5s'51opt
Coltrs f 5s '51 not opt.. JIII4 113
6
Ext'r.lOO
7
Fire
Universal
»(.
1
Universal Tobacco. ..100
2
100
6
Preferred
9334

atk

E

Bronx
<6
1074
Title & Mort Guar Co
Westlngh Air Brake.. 50 tl44
92
White Knob Mining. 10 t....
5
l'»
New stock (w i)
4
pref. 100 120
66
Worthing Pump pref.'joo
124
GO
on Stock Eiohange, but not a very active seearlty

974

65
85

Of

102

SO

Westchester

BOSTON STOCK EXOHA.NaE-Stock
Share fricex— Not Per Centum FriceH

Monday

Haturdatj
Jan. SS
87V! 87V!
itos* 10034

256

256

87 >4 8734
IOOI4 100^8
'256'^

256 V;

15534 156 >i 155 V! 156
•245
'245
175>2l''5'2 175 14 176

171

171

20 14 22
72
72
Wl 16L
13834 129

145
•63
•86

2UO>-j2UU^^

85
70 >2

85
•68
•15

129

i45
•03
•86
175

i45
65

•63
88

15"

6OJ4
23I4

*22i4
200V2 200Vi

208
96

847s

85 1«

•16

54

54
98 V2 98 Vj

119V2l'^l«8
asis
•9S

96
114

9514

114

54

96

21

8714

87

87

"tj

141 Vj 142
138Vj1S8V2
I44I4 115

22

22 >a

94=14

943,

*S^
•120 122
1818 18>8
•634

7I4

9334

81

81
193

'190
*!«»

139

134

139

88

"15 4 '154
60
60

"15 4
61

•2134

2234

206

97

208
100

•206

208

•34

85

15
52

54

84
15
52

99

99

*9S

974 974

96

244

•5238

5234

*20><>

21

87-4

8714

434

434

145

2034

20-4

87

88

434

1454

•2234

2234

9534

97

•34

•34

12J

123

121

•18

19

•18

25a
l^'54i«54
'38 4 3S=8
8L
81

251

1=^8

13^

240 V! 241

241 241
•84 9
8^8
8^6
109 'J 110 •110
*
•
23
2o
•254
•25 Vi
•3 4
4
4
•3V2
10534
106
105
105 V2
7o
74 Vj 75
7i
34!%
33^8 o4
34

*634

81

122
19

•634
74
2504251

7I4

252

18541854
38'4

139

145 146
'22^ 233f
9634 93

122
18 '4

1383^ 139 4
•2
24

1434

143

143'4

13S413S4 139

2234

19214

J

85 79 186
38^4

3-34
81

1934193 4 1934195
*l--'8

14

134

X1374138

•

18
18
•97V2
•88
92
•93
99
•6V2

6^4

100 '4 100 14
;;0'8 31
9439 95

65

18

-(ii)

4

974
SO
•93

64
4

18

84

110

9

9

111
23

•254
•34 4
105 4 106
77

78
3379 34

99^8
3038
9439
••65

4 •IS

93
98

1«8

1394

24
24 2 4 •2
15
16
16
238 242
23842384

102

31
95 4

3334

314 814

9

1104

lit)

23

•

•254
•3 4

105
78
34

34

104

102
9978

4
106
7834

144
30»4
94 08
-6i5

434

214 214 •214

944 90 4
•34
7I4

96

95

11441 14 14

23

142

54
S9

1224
974 98

•974 9S4

142=8

85

12134

l'^134l'2>234

138Vj13!5V!
144^1 14534

18^4
•634

2234

2004

2004 200

166

141

120

65
89

166

4-s
2iV;

•2'Z

1454
65
•88

65

165

20

251
•185
186
«38V) 38'j,

2134
200
165

114

21 ij
87 4

4^8

61

"95

96

*U1

21iu

4\

1233e

•9734

21

i^

64
99

99
120

2058 20=f
214 22
714 714 71 4 714
•1624
161 4 162
130 130
1294130

14641454

175
15

15

eo^

17638

305

186

i-8

•206
95

208

'206

2:i

*l(ilV2l62V!

'15
15%
60
60
23V2
•22'a

2564 2564 256 4 256 4
155415534 155 1554
•245
1754176'4 176

70 V!

129

10134 10256

14 4
1044

36 4 '36=8

314

944 95

9534

18

19

984 984

98 4 984
*90
93
'93
99

•90

92
98

93

2.1

2V.

2V

•10\ 11 'v
5S
b-^i
26'8 27
334

25
10 "a
•1

4
25
10 >i
13«

62
115
2

7

204

7
2034
7434

7

7

204

2034

214

11

IL
:-,•«

5>4

2034

26 '8

3:^4

334

20 ii
10

26
lO's

i

1

1'^^

123,

62 '.J 52 V,

52 '4

124
52 4

liiVa

4

3

3

••2

110

110

110

110

V

2

2

2

'^V.

24

24

708

8
128

7
129

«
*10>8
4IO9
4'8
\2

106

8't

8

74
ISO

4

24 •238 234
114
114 11
5

5>H

a;204

2676

3'^

3^4

3»4

254 25 4
104 104

26>4
lO^'e

166
295

136 J'ne
11164 J'ne
130 J'ne
160 Apr

276

Jan

133
24 4
73
170

J'ne

1

Jan

222
198
74
68
29

J'ne
J'ly

Mar
Aug

40

Jan

87 4

May 95 4 J'ly

Jau3i)
Jan 26

204

89

89

7

AdventureCon

7

7

25

434

94

27 4 284
•24

24

2l8

•2 "8

234

74
130

26 4

26 4

20-''b

34

4-'4

Franklin

4

20

20i'> Isle

1038

104

10'4

114 Mass Cousol

14

•14

13'V

13-'8

1

63 4

53

53

i-'«
:>>.,

203.1

'27

95

93
28

94
28

944

94-'4

28

23

110

110

8

7

131
3

•'4

•24

3

llu

24
24
73.,

132 4
8

'4

10

41^8
5

41B8
•479

424

10
42

5

12'4

5
12'4

5

]'2>4

1134

\V\

1074108 4 108
•179
<t

2

24

24
7"4

•14

3

3

3

114

115

24

24

7 7g

74

7 '4

132
2

13

10
42
5
1134

109

178

227f.

10
4234
5
12

133
3

Jan
11

123h
iklar'04

24

934

10

424

42 4

^<

124

1'2

109

lOri'a

109

2

*17h

2

20
175

Michigan
Moliawk
Old Colony

75

1034

2,800
100
5,535

'.934

70
534

176 645
5,342

2;776
14;353
1,210

350

20

•^30

20

Montana Coaltb Coko

12 Jan 12
27 4 Jan 13
1 4 Jau 16

i',307

I2

20
20

iMaytlowcr

\>i\

3

0,190
1,175
3,700
100
2,960

984
1,100

Jan
Jau
Jan
Jan
Jan
Jan

2.)

24
25
25

26
7

Feb 2
Jan 9
7
•33
Jan 17
12 Jan 3
04 Jan 20
124 Jau 4
Ol)
Jau lo
113 Jan 10
2 '4 Jan3u
10 Jau 20
Jau 4
20 Jau 20
3 Jan 4
1734

23

4 an
.1

20

Jau 7
Jan
lO's Jan
51 4 Jan 10
44 Jau 20
•S7 4 Jan 13
25 4 Jau 2..
'd%
1

1'

105
910
881 91
365 27
3
100
175 106

4

Now sJ^ocic.

rAsrt'tpaid.

Feb

Nov
Xov

43
75

8234

Mar

Dec

1

Mar

779

1

05

Apr

Jan 4 d 14 4 Eeb
679 J'ly
84 Jan 10
39 Jau 31 20 J'ly
15-34 J an 20
7 4 Apr
70 4 Jan 16 38 Feb
1034 Aug
17 Jau 21
00
Feb 1 40 J'ue
115 Jau 30 103 J'ly
V>^ J'ue
34 Jau 13
J'ue
7
124 Jau 16
20

2-4

.Ian 17

28^ Jan

17

2334
IT'i Jiui 13

14 .Iaul2
114 Jau 13
04 4 Jan 10
'

.lau 10

14 Jau

13

23 4 Jau

3

t

•25
'3234

10

Xov
Xov
May

Jau

•75
14

(Jet

744 Xov
Jau
Jau

36
72
116
4
10 4

Xov
Nov
Xov

Mar OiiioXov
34 4 Dec

Oct

20

Jau 28
Jan 17

4

•-'

;!

21

8 Feb 14 Oct
Jan 5
Jan 13 1539 Feb 2934 Nov
3 Nuv
Jan 13 20 Feb
90 Jau 12 20 J'ly
4 Xov
Fob 22 4 Xov
134 Jan 6
7
35 Jan 3 19 Mai 38 '4 Nov
May 13io Nov
•30 Jau 11 39
7 '9 No\6 Oct
74 Feb 3
Jau
700 Nov
435
690 Jan 17

Dominion
20
9 / 4 Ian 4
J a 11 2 j
20
Osceola
Jan 20 30 J au
Parrott(SilVit Copp) 10
34 .lau 14
Jan
20
Phienix Cousol
Jan 20 113 Jan 17
Quiucy
20
'4 Feb
1
Jan
6
thode Islanil
20 1,020
14
Santa Fe(Golil& Cop) 10
24 Jan 20 3 Jau 18
235
9 Jau 3
Shannon
10 8,172
7 Jau 30
Tamaraclc
20
601 121 Jan 9 134 Jan 17
3-'4 Jau 13
Feb
Tecumseli
20 3,150
Tennessee
20
35 Jau 19 30 Jan 19
13 "8 Fob 1
Trinity
26
7 '8 J an 2
100
United Copper
20
25
4 'an 4
UuitedStates.Miuiug
lojb'o 21 Jan
9 '4 Fob 3 114 Jau
Unit States (;oal tiiOil "5 3,311'
Utah Con (Gold)
2,870 40 4 J an 25 434 Jim 10
6 Jau 13
479 Jau 20
Victoria
.. 25
010
Winona
.. 20
4,000 11 Jau '2,. 12-''8.laul^.
4
Feb 2
109
Jau
Wolvenuo
.. 20
lO.i
270
Wyandot
.. 20
1^9 J an 9
24 Jau l4
920

Before piiy'toi:aiiac:s:4 incalleiliu 190 1. 'iiidauilaslcod.

Aug

•75

d:i''i6 ^li"

12 4
27 4
2

:<

'05

224

2i)

675

lloyale (Copper). 20

Olil

24

3

22-4

'.

'24

Lam Sale 35
ll^R

1

113

1314133
•2'h

4V

479

'.J

LastSale 6
4

424
10b

479

t64 Jan26 18 Jan 11
Jan 20 2134 Jau 1;;
32,750 70 Jan 20 7 7 Jau 16

Granby Consolidated. 10 9,739
Greene Consolidated. 10 8,470

25 4 25 4

95
23

i:8

974 Dec

17 4 Feb
37 4 J'ly 43 4 Dec
143 Dec 146 4 Deo

770

1,511

100
100

Guanajuato Consol..

263,

24

.

038

11

4

24

I'^e

54

1

10 14

178

5;>8

2634

133

Before pay' tofaaseus'tiKlaMod in 1905

114

1

24

3

110 1134

prof
"3" ElmDoRiver

"'•24
11

'23,

2634

10'4

l»»ia l"ic

26

04 'e Dominion Coal

1

13»8

10734

04

6478

26^4

2 '2

4134
•478

63-4

44
14

124

ii

11

•63

224

10

234

53

14

llO'gX'ov

173 Nov
93 4 Dec
114 Dec

iVliscellaneoiis

204

20 4
20
73 4 74=8

03
27
95

Feb

42

65

5'2 '2

44

154 Oct
127 Dec
136 Xov
162 Jan
285 J'ue
142 Xov
57 Dec
88 Dec
175 Apr
24 Jau
80 4 J an
23 4 Xov
199 Oct
163 4 Apr
232 Apr
207 Apr
80 4 Feb
79 4 Xov
73 4 Deo

U\

'14

53

1754 Dec
174 Oct
303 4 Dec

34

l'<!4

44

J'ne

114 Sep
52\ Oct
5 Apr
1854 May
159 Aug

Dec

242 4 Xov

2

14

44

Jan
Jan

^ov

150 4 Dec

».

124 124

II4

12

10'4

107
•134
2

230
158

Feb
Mar
Aug
Apr
Feb

7139 Mai
86 4 Mar
Feb
160 May
96 4 Jan 25 89 Jan
115 Feb 3 103 Jan
244 Jan 31 164 J'ly
l'233s
98'-4

894>rov

22
A.mer Agricul Chem.lOO 1,705 194 Jan 25 22 Feb 3 124Apr 24 4 Deo
90 4
Do pref
100 1.470 86 Jan 3 90 4 Feb 3 71 Jau 87 Deo
434
434
*4»8
50
44 Jan 21 54 Jau 3
34 Feb 63^ Xov
Amer Pneu Serv
607
5
•21'-.
214
Do pref
00
50 20 Jan 17 25 Jan 5 17 Feb 2V'. ~.p
142 14238 142 4 1424 AnierSu.gar lielin
101) 3,035 139
Jan 20 144^'4 Jau 18 1224 Eeb 162 4 Nov
13934
1394 140
140
lOU
Do pref
707 138 Jan 7 140 Feb ^ 122^. Jan 141 Xov
14441154 14539 140 4 Amer Telep & Teleg.lOO 2,909 1424 Jan 24 148 Jan 4 1194 Feb 1494 X'ov
23 '4
2234 23 4
9 Feb 24 Xov
24 4 Amer Woolen
100 17,434 21 Jan 23 •244 Feb 3
9734 99
99
loo
101) 5,779 924 Jan 3 100
Feb 3 634 Jan 9434 l)f c
Do pref
LastSaCc 34
3 ^'ov
4 .-^ep
Jan '05 Boston Land
34 Jan 2.S 34 Jan 23
10
122 122
122
122 Cumberl Telep & Tel loo
30 1:120 Jan 17 124 J an 6 112 4 Jau 12234 Dec
J'ne
J84 18Vi 184
19
Nov
17
Jan
24
Jan
74
194
184 Dominion Iron & St
4
5
400
* 634
6 '4 t eb 3
734 Jan U'
74
534
V- Dec
5 4 Jau
64 East Boston Land
25
'2504 202
2504 252 Edison Elec IlUun...lOO
153 25u4 Feb 1 204 4 Jau 24 230 Feb 205 A 11 ^
•1804187
1864 1804 General Electric
100
393 182 Jan 20 101 Jau 17 alOl J'ue 194 Nov
39
39
38 4
39 Mass'chusettsGasCoslOO 1,166 334 Jan 6 39 Jau 3 J6 Dec 44^4 A n ^
814 814 814
«14
100
Do pref
760 SO 4 Jan lo .SI 4 b'eb 2 7734 Mai 3434 Oct
195 190 *
190 Mergentiialer Lino. .100
60 191 Jan 6 195 Feb - 173 J'nt 200 X'ov
14 Apr 234 X^ov
14 1^
14
14 Mesican Telephone., .^o 2,805 14 Feb 2 2 Jau 4
•
13734 137 4 137 4 N E Telephone
lOo
100 2137 4 Jan 31 140 Jan 6 118 Feb 141 Nov
234
ti
24 *
134
4 Jan
com
Jan
Jau
4 Oct
PlantCom
t'st
stk
loo
9
100
24
•
16
8 Oct
17 J'ly
16
Do pref
100
50 10 Jan 6 17 Jan 10
238 240
240
243 Pullman Co
100
471 23 S Jan 3 2474 Jan 13 208 Mar 243 Nov
334
9 Nov
9
64 Jan
9
lieece Button-Hole.. 10
120
84 Jan 12 9 Jan 13
1104 1104 1104 11034 Swifl & Co
loo
229 109 Jan 20 114 Jan 5 ^9934 Mar lid Oct
Last Sate 2H
Jan '05 Torrington Class A.. 25
23 Jan 18 23 Jan 18 22 Dec 22 4 J'ly
Last Sale 26
Jan '00
Do pref
25
25 4 Jan 5 204 Jan 16 24 4 Oct 26 Nov
6 Oct
Last sal. e 3
4 Jau 6
2 Jan
3 Jan 27
Jan '05 Union Cop L'd & Mj?. 25
10634
106
1064 107 United Fruit
lOO 2,634 105 Jan 10 107 Jan 3 95 Feb 113 J 'no
78
784 774
454 Feb 614Dec
78 4 United Shoo Mach... 25 0,980 6134 Jan 3 78^4 Feb 1
3334 34
33-^4
3334
20 1,139 313« Jan 3 344 Jau 27 28 Jan 32 Oct
Do pref
1438
6 4 May 204 Deo
lOO
144
144 US Leather
520 12 4 J an 9 144 Jan 16
103 4 104
100
Do pref
135 loo 12 Jan It 1044 Feb 1 77 Jau 103 Dec
68
Feb 34 Nov
LastSale 564" Ja']i''o5 U S Kubber
1034
10
3479 Jan 4
Jan
100
Do pref
100
26 9379 Jan 5 100 7g Jan 11 40 4 Jan 99 4 Deo
839 May 33
'i5u'4 '304 "3039
'30 =8 U S Steel Corp
Deo
100 17,950 2.^4 Jan 20 31 « Jan 16
944 95
95
100 12,194 914 Jan 25 9534 Jau 31 5l4May 95 4 Dec
904
Do pref
•50
•75
•674
Apr
•65
Jau
25
Jan 13
Jan 20
West End Land
too
64J'ue 23 4 Nov
18
184
184
20 West Telep & Teleg.lOO 1,279 13 Jan 17 20 Feb 3
99
99
t^9
9J
100
Do pref
235 97 4 Jan 24 102 Jan 20 76 Mar 101 l;(c
LastSale 9«4 Jau'OO Westing El & Mfg... 00
83 Jan 10 904 Jun 19 "7034 J'ne 93 Deo
LastSale ys
Jau'05
Do pref
50
93 Jan 10 9734 Jan 5 t904Aug 100 Jau

•20
"as

l'2-'4

'22 »«

22

12
107

O'-'f,

273^

164

22

i\

.i;137

174

I

6334

22
10

9=54

'ii

lJ'4

Mai

64

1

Highest

83 Jan 104 4
2
3 23934 J'ne 254

1584 Jan 5
245 Jan 23
178 Feb 3
171 Jan 6
306 Jan 11
25 Feb 2
724 Feb
172 Feb
130 4 Feb
l^6 Jan
I604 Jan 19
2t^5
Jan 19
146 Feb
66 Jan 24
^9 Feb 2
175 Jau 24
154 J an 21
614 Jau 20
244 Jau 5
208 Feb
166 Feb
232 Jan 24
2084 Jan 13
100 Feb 2
804 Jan 19
72 Jan 19
15 Jan IS
55 Jan 13
99 Jan 30

•

7

65

61

64

„.

'il 'i

Feb
Feb
257 4 Feb
89
103

H

124

2634

1'4

128

1

1'4

IV.

Si

26
10

26 '4 203(,
93
93
27 4 27 4

•i'4

2

11
5
267,
3 "a

• I »4

438

"2Vi

-214

44

4-4

Lowest

Jiighest

UailroiKlH
89
89
884
884 Atch Top <fe Santa FelOO 5,297 85 4'J^an
10278 103
10234
10234
Do pref
100
807 99 4 Jan
257 257
257 4 257 4 Boston & Albany
100
226 254 Jan
155 15534 1554 I5508 Boston Elevated
100 1,289 a;151 Jan
Last Sale 245
242 4 Jan
Jan '05 Boston & Lowell
100
176-'*8l77 4 177
178 Boston & Maine
100
719 173 Jan
171
171
Do pref
100
10 171 Jan
La St Sale 3Uo Jan '05 Boston <fc ProvidencelOO
305 Jan
20-"=8
25
23
234 Boston* Wor Elec Co
2,781 134 Jan
72^
714 V14 7134
Do pref...
1,225 63 4 Jan
1R24166
167
172 Cliic JnncKy<fc U S YlOO
7R3 150 Jan
130 130
1304 1304
Do pref
100
429 124 Jan
Last Sale liid
lf-6
Jan
Jan '05 Con<fc Mont Class 4. .100
Last Sale 76'W4 Jau'()5 Conn cfe Pass Rlv pref 1 00
1604 Jan
Last Sale 2S.5
285 Jan
Jan '00 Connecticut Kiver...lOO
145 116
145
146 Fitchburg pref
loo
430 142 Jan
66
i;6
66
69 Ga By<fe Electric
loo
70 59 4 Jan
88
89
o9
90
Do pref
100
250 86 Jan
Maine Central
100
7 175 Jan
"15 4 '15 4 "154 "I'sU Mass KlectricCos
100
715 14 Jan
604 604 HO 4
Do
100
640 58 Jan
604
pre!
Last Salt 22 4 Jan '05 Mexican Central
2134 Jan
100
200 2004 2004 20ij N Y N
& Hart 100 1,031 10S4 Jan
Nortbern N H
100
10 1 65 Jan
Last Sale ?52"" Jan"'o6 Norwich & Wor preflUO '"'"14 232 Jan
200 4 Jan
208 208
2u7
'^{yi
Old Colony
100
100
99 100
lOo Pere ilarqaette
100
740 79 Jan
'80
h6
8'i
85
100
Do pref...,
502 78 Jan
Last Sale 70
68 Jan
Jan '05 Rutland pref
100
Last Sale 15
15 Jan
Jan '05 Savannah Elec com.. 100
52 54
54
64 Seattle Electric
100
145 50 Jan
J8
f<9
99
99
Do pref
65 934 Jan
100
121412234 1224 1234 Union Pacific
100 23,765 113 Jan
9759 y'^'E
98
98
Do pref
100
116 9634 Jan
174 17-1
Vermont & Mass
100
13 Il72 Jan
9534 96
9;V'4 West End St
9534
50
163 93 Jan
114 114
114
115
50
Do pref
125 1112 Jan
22
22
Wisconsin Central. ..100
350 214 Jan
Last Sale •f3 4 " I>C'c''04
Do pref
100
LastSale 143
Dec '04 WoicNash& Uoch..lOU

1134113 4

4\

*4''8

20 '4 26 '4
94
94
k8
»2V

63 '4

lor Piri'ioui

Year (19041

itliiiiii^

64
2i)U,

62
115

'4

Lowest

SJiarei

!

61

61

Range

Year

lor

19U5

the

Week

exchange

204
25
10\ AUouez
'54 Amalgamated CopperlOO
73 14
73=8 74\
72
72=8
72
72^8
H.^i
LastSale 70
Mar'04 Amer Gohl Dredging 6
•
I2I4
124 11
12^4
1134 11«4 •
12
•11
12
Am Zinc Lead & Sm. 20
26 Vj 26 Vi
Anaconda
20
iJj Arcadian
134
-14 13-1
14 -7513* * 14 -7514 -14 l-'4 134
*iVi
25
-75
-76
LasiSalt •75
J an '05 Arnold
20
17 S
17
17
174 1714 174 17 4 Xl"^ 174 174 xl7
17
20
Atlantic
311^
3L
314 3238 3'234 33
3234 32'4
32 4 32-'4
324
32 7t Bingham Con Minct S 00
••70
70 '75 75 -75 •70 -To ••,0 -75 •70
-75
^70
Bonanza (Dev Co)... 10
534
•0
6
6
6
6
s-'i
<iH,
6-8
64 74
74 BostonConC&G (rcts)£l
675 680
075 680
680 630
6S0 680
675 680
675
68')
Calumet & Hecla
25
Lastsalt 2L>
*..... -.
:^oV01 Catalpa (Silver)
10
I8I4 1878
1534 18-'4
IS '4
IS
184 1734 Id
16
!cSi.i Centennial
IS
25
*7
7 8 La lit Sale S4 Jau'OO Central Oil
•7
8
8
25
•37
37 -38
-37
•37
-38
•38
-38
•38
-39
•38
^38
Cons Meicur Gold... 5
Last Sale i5 4 Jan '00 Coutiueutal Zmc
25
67 '4 6778
69
67 Vj 67 V!
694 68
70
63
68
6878
t'9-4 Copper Range Con CulOo
•16
15
15 4 16
15'4
15
154 15 4 15
163s
54
1 5 4 Daly- West
20
20

2'J

Sange

Sales
of

boston stock

Friday
Feb. 3

2

H5

•65

19

stockjs

Tliursday
Feb.

884 89

8834

101 14 102

305

31
70

145
65
88

8734

Feb. 1

•245

305

•305

Wednesday

Tuesdaii
Jan. 31

Jan. iO

Weekly and Yearly

Record, Daily,

6
Deo
4^iiy 35 4 Nov

02 41'"''
6
a,

3 I'eb
J'ly
3 4-''"*'

45

34 4*''3l'
2 '4 Jau
50 J'ue
9 4 Feb
53 Fob
21-3, Feb
l--,0
,so

00

1

94 Deo

2 Nov
114 Deo
67 4 Nov
6
Aug
24 Nov
'1

29 4 Dec

98

33 4
t5
Fob 125

Aug
iMtt)

14J'"t

3
3

''J

X)'-'i

M«y 140

80
20

J'ue

;jl
3j
•>-'4

6

18

44

-Nov

6

ilar

Nov 43 '4 Deo
Mai 13 4 Nov

Mai
Jau

28

Jan

Nov
47 Nov
63|j Nov
12

30
2
f,

69

50

Nov
Xov
Nov
Nov
Nov
Xov
Nov
Nov

4 J'ue

'4

Deo

'4

Fob i:^^-VNov
Jan lU
Nov

Feb

3

Nov

E.iLrights. aEx-div.ifc right*.

—

6
5

Feb.

Boston Bond Record.

19"5.]

4,

BONDS
BOSTON STOCK EXCH'GE

I

Week Enddjq Feb

i;

Price

Week's

Friday

Range or

Feb 3

Last Sale

3

Ask Low

Bid

Am BeU Telephone 48 1908 J-J
J-J
Am Telep & Tel coU tr 43.1929 M-S

as Nebraska Ist 78.. 1908
Atch Top <fe S Fe cen g 48. 1995 A O
J'lyl995 Nov
AAlastment g is
Boston Elect Ught Ist 68. 1908 MS

102=8 10276 102^8
964 Sale 95 4

.

1924
1907
1944
1905
Improvement 4a.,..
Bostife Mon3di.sBue78...1904
Boston Terminal 1st S^as. 1947
1918
Bur <fe Mo Riv ex 6s
1918
Non-exempt 68
1910
Sinking fund 48
Bntte & Boston 1st 6s. ...1917
Ist
78.1916
Cedar Rap & Mo B
1909
2d7s
Cent Vermt Ist g48..Mayl920
OlUcBnrl & Q extend 4s. 1905
1919
Iowa Div Ist 5s
Consol 58
Boston & LoweU 4s
Boston <fe Maine 4H8

t
'

i

;

r

'

1919
Iowa Div Ist 4s
1913
Debenture 58
1922
Denver Exten 4s
1927
Nebraska Exten 48
1921
B& S Wsf 348
1949
Illinois Div I3S
Joint bonds See Gt Northern
Ohio Jo By & Stk Yds 5s .1915
CoU trust reiundingr g 4sl940

M.S

FA

A-0
M-N

& W Mich gen 5s 1921
Mont cons 4s.. 1920
Conn Pass R 1st g 4s. ..1943
Concord

cfe

<fc

1927
Current River 1st 5s
Ist 4s... 1946
Det Gr Rap <fe
1913
Dominion Coal Ist 6fl
1906
Eastern let gold 68
1915
Fitohhnrg 48
1927
48
rremt Elk & Mo V let 68. . 1933
1933
Unstamped 1st 6s
©tNor O B <&Q coll tr 4s 1921
Registered 48
1921

W

110

110

Feb'04
99^8 Jan '02
101 Mar'03
1124 Jan '03

117

117

113

1124 Dec '04

112

10034 Sep '04
9934 Dec '04

1004102

12914

100
129 4 Sep '04

,

11714

113
82

O-F

82
100
107

Sale

J.J

A-O
A-O
M-N

101

F-A

100

IOOI4

105
100

M-N

MS
J-J

98
96

J-J

107

AG

99

1912 A-O
Cons Ist 4s
Mara Hough&Ont 1st 6a.l925 A-O
Mexican Central cons 48. .1911 J-J

993,

1064
994

Jan '05
Dec '02
Dec '04

964

964

lOS

Jan

107

9934 100

lstconsinc3s

104 105
99 4 100 4

'05

100
125 4J'ly'04
123 4 Apr '04
108 Jau'ti.1084J-an'05
9934

10734 Sale

10734

103

103

10

M-S

100 14 Sale
100 Sale

10034

904

94

1053^109
97 100
12434 125 4
123 4124 4
100 108

1014
100

1054109
1034104"^

1024103
137
137
65 90

1004

9

i:^8

137
9934
9334

9038

Note— Buyer pays accrued interest in addition to the purchase price for all

Share Prices— Not
Miyadmi
Jan. SO

Saturday
Jan. 28

*8434

86
103

103

844

86

*!03

103

103

37

373i,

184 184
374 38

134

13 14

13^8

184 184

Wedne.-iday

Thursday

Feb.l

Feb. 2

133f

63
5s

1915
1905
1905
1924
Old Colony gold 4s
Greg By & Nav con g 4s.. 1946
1922
Oreg Sh Line Ist g 6s
Repub Valley 1st 8 t 6s... 1919
Rutland 1st con gen 44s. 1941
Rutland-Canadian 1st 4sl949
Savannah Elec 1st cons 5s.l 952
1930
Seattle Elec 1st g 5s
1918
Torrington 1st g 5s

NY&N Eng Ist 78

J'eb.

'.

i

No price

22^8 Dec '04
IGSs Nov'04
75 J'n6'03

584

76^^

13

25
16

95

94

96

100
100

Dec'04
Dec'04

FA

97
F-A 106

M-S
J-J

M-N
M-S 109
M-N

11120

Sale

FA

109
11944

£0%

7138

102S!»

102

1054105 V

103 4 Jan '05
104
1044

10134

63

Jan '05
ii"i4!"r. 1114Dec'04

1024

41034

98

1[91

latest bid

Daily,

and asked.

1114112=8

.

H Flat piloe.

Weekly, Yearly

Hange /or Year
1905

Sales
the

<

16

10234 Apr'03

104 4 Sale

J-J
J-J
J-J
;

100«8 1051a

16 94 115%
20 1004113

1024 Sep "04
1054May'04

M-S
M-N
F-A

Friday

1084

96 ;S
104 a

91

100

^1214

119334

1013»

10441044
10141014
1204121
1034103^

102 Mai'02
97 Jan '05
105 4 105 4
107 Peb'03
104 Nov'04

98

1024

100
100

121 J'ly '04
103 4 Aug'04

102

103

102

10241044

1044 J'ne'04
111024 Jan '05

J-D
F-A

-i

V

10241024
93
974
10134 1024

95

J-J
J-J

118

6^8

1024 Dec'04

A-O

of

Ranae

tor Freviout
Year (1904)

Week

Stocks see below)

3

118

Apr '04
1064 1064

BR&lgr g4s.l947
1911
conv 48
United Fruit conv gen 58. 1911
U S Steel Corp 10-60 yr 5s. 1963
West End Street Ry 4s
1915
1914
Gold 44s
1916
Gold debenture 4s
Gold 4s
1917
Western Teleph & Tel 5s. 1932
Wisconsin Cent Ist gen 4sl949
Wisconsin VaUey 1st 78.. 1909
"

Mav'04
74

Aug'04

1st lien

Boston Bonds.

J'ne'03

103
103

1st 6s

(For Bonds and Inactive

J'ridaii

i

Year
1904

1024 Ang'04

F-A
A-O
A-O
1908 A-O

ACTIVE STOCItS

I'er Centuiii I'rice*

7'uesday
Jan. 31

J-J
J-J

Exchanges— Stock Record,

Philadelphia and Baltimore Stock

102
118
74

J'ly
J'ly

Union Pac

10734

Jan '05
Jan '05

99'-'

100
95

Jau 05

139
139
100
100

98 4

10541084

1024 Apr '04
1114May'02

A-O 13812
A-O 138^

Jan 1939
Jan 1939

1294
lid cons inc 3s
Feb'OS:
Mich Telep cons 58 tr rec.1929
"73"'
'82"
824 13
Minne Gen Elec con s? 5s 1929
Sep '04
1929
994100
New Eng Cot Yarn 5s
Jan '04
1906
New EngTelephOs
Feb'04
1907
1004 1004
6s

J'lie'Oi

Bantje

Ask Low
High yo Low High
1910 J-J
Illinois Steel deben 5s
1014 i an '05
96 1004
Non-convert deben 68... 1913 A-O i024 8al6 1024 1024
9334 101
la FaUs cfe Sioux C 1st 7s.. 1917 A-O
1284 J'ne'04
123 1284
Kan C CUn<fe Spr Ist 5s.. .1925 A-O
101 Jan '05
97 10038
Kan C Ft S & Gull Ist 7s.. 1908 J-D 108
1034 Jan '05
1074110
1928 M-N
Kan C Ft Scott cfe M Cs
1254 Jan '05
117 1254
1934 MS
98
98 Jan '05
KanCMifc Bgen48
92
964
1934 MS
94
94', 9434
Assented income 5s
9434
81
94,
Kan C&MRy&Brlst 5sl929 A-O 1034
103 Jan '05
1024104
10534 Jan '05
KanCStJo&CB Ist 7a. .1907 J-J
106 1084
LB&FtSmidgr Ist7s...l905 J-J
1004 Nov'04
1004101'*
1204 Sep '04
Maine Cent cons Ist 7s... 1912 A-O
1204 122

128

J-D 108 "^
1094Mar'02
J-D
1124 Jan '03
A-O
10 L Jan '05
A-O 101
Sale
99
99
99
A-O

J-J
Q-J

97

Week's
Kanrje or
Last Sale

Friday
Feb 3

Bid

J'ne'or

J-D

MS
M-S
MS

110

9788 1025a

87

"9934

112

J-J
J-J
J-J

9734 100
884 971-

117

1044 Apr '00

M-N

1904

109

96 4

J -J

F-A

21

35

Feb'04

110

BOSTON STOCK EXCH'GE
Week Endenq Feb 3

Year

Ho Low High

10234

j-r>

Ch MU <fe St P Dnb D 6s.. 1920 J-J 1251,
Ch M <fc St P Wis V div 6sl920 J-J 12434
Chic & No Mich 1st gu 5s. 1931 M-N 108
Chic

Hiijh

595

BO.NDS

Hani))'

So

100 >8 Sale 100
100 4
97''8
97
Qlh 974
110 Oct '04

Atcli
'

OJ

Shares

Highest

Lowest

Highest

Lovjest

Baltimore
86
104

19% 204
384 3334
*134 134

*85
*103
19

*84«s

374 38
13 4

374 384
134 14

1334

*85

86

1044 10334 11)44
IM
l'J3g
19 4

854 Consolidated Gas

100

Janll
Jan 19
Jan 13
354 Jan 11
13 Jan 19
84»4

•1(144 105
Northern Central
50
1334 19
Seaboard Air Dine
1 00
3734 374
Do pref
100
143g United Ry & Eleetric. 50
14

330 103
8,673
4,173
1,732

16

864 Jan

574 Jan

3

104 4 Jan 4
1434

J'ne

71

204 Jan 31
394Jan 4

7 J'ne
1334 J'ne
534 J'ne

Jan 4

Deo

86

1094Deo
194 Nor
40 Not
1541>e«!
,J

Pliilndeipliia

*484
264 264

"4

734

7't

15 14

lO^s
16

1034
16^4

16

583^

48 4 483f,
107 107
58
584

108
58

OS 4

i>H
6S5i8

48
107

684
6838

414

•41

41
10

10
25 4

10

8

109

8
15
1058

5334

684

693, „

69

41
10

41
41
10
104
24 ''8 26
4334 44 M

2434

4534

4534

46

464

44
59

44
59

444

4438

59

59

Bid

50
50
50

61

Elec Storage Batt
100
Preferred
100
©ermantown Pass
50
Harrison Bros pref... 100
Indianapolis St
100
Inter Sm Pow & Chem.50
Keystone Telephone ..50
Preferred
50

Keystone Watch Case. 1

5334

54

10=8

15

48

1094
594
5^16
691-46

414

41^4

10

104

244 25
44l4g 4638
46 4 47
45
454
59
59
108

Atl City 1st 5s g '19.M-X
Balls Ter 1st 5s 1926. J.D

50
484 49 American Railways
50
25 4 25'% Cambria Steel
Lake
SuperiorJ.lOl
74 74 Consol
100
144 144
Do pref.t
10=8 11 '34 Electric Co of America 10
15
15
Gen Asphalt interim ctfs..
47=8 48
Do pref interim ctfs..
1034 109 Lehigh Coal & Nav
50
594 59 ^j Lehigh Valley
50
100
54 54 MarsdenCo
6934 704 Pennsylvania RR
50
414 414 Pluladelp'a Co (Pittsb) 50
10
104 Philadelphia Electric. 25
244 1:5 Phila Rapid Transit J . 50
404 4734 Beading
50
•4634 47
Do Ist pref
50
Do 2dpref
454 46 4
50
50
58"a 584 Unlou Tracton
108 108 4 United Gas Impt
50
*22
25 WeisbachCo
100
.

Bid

10

50

Westmorelanil

Co:il....',o

Betide St«el Gs 1938. Q-F

45"

48"

Peo Tr stk tr ctfs
Elm <fe Wil 1st 6s '10. J-J
Eq II Gas-L 1st g 53 1928
<&

Indianapolis Ry 4s. 1933
Interstate Rys
3-3 4-4S 1943
F-A
LeliighNav 44s '14. Q-J
RRs 4s g
1914. Q.F
Gen
4 4s g.l924.Q-F
Leh V C 1st 5s g '33.. J-J
LehV ext 4s 1st 1948. J-D
M-S
2d 7s 1910
Consol 6s 1923
J-D
Anuuity 6s
J-D
Gen cons 4s ad-lnt ctfs.
Leh Trac Ist 4s '29. J.D
A'ewCon Gas 5s 1948 J-D
Newark Pass con 5s 1930
Y Ph & No 1st 4s '39 J-J
Income 48 1939. ..M-N
No Penn Ist 4s '36..
M-S
Deben 68 1905
Penn gen 6s c 1910. .Var
Consol 63 c 1905... Var
Consol 5s o 1919... Var

M

63
"3'

24

Steel.

Seash.50

93

H & B Top con 5s '25 A.U

North Pennsylvania. 5i'
Penn Gas Coal
5;'
Pennsylvania Salt
50
Pennsylvania Steel.. loo

&

91
102

Elec

78

MlnehiU & Schuyl H..5()
Nesquehoning
5(i

Preferred
lOu
Phlla Co (Pitts) pret...5(
Phil German & Norris.5(
PhUa Traction
60
Railways General...!. 10
Snsqueh Iron & Steel.
Tidewater Steel
io
Preferred
Id
Unltod N J RR <fe C. ioo
Unit Pow & Trans
25
United Trac Pitts
50
Preterreil
50
Warwick Iron <fc Steel. lo

102^4 10234

V

47

100

1004

273

Bid ani aaked prices; no

N

474
163
101

MN

274

I

65
92
sale.')

I

1013.1

Ex Imp

iio"'

P

107 4
89

.\I

J-D

48 g '47. A-O

M ot '32 48

10934
11434

1104

110

1184
127

iV834
128'i

1504 151
9934

W&

B

U

Lowest

13

llts4

106'

10'2

4

Un Rys Tr ctfs 48'49J<feJ
U Trac Pit gen 58 '97 J-J 1144
1930.J-D

Inactive Stocks
Atlanta & Charlotte. 100
Atlan Coast Line BR. 100
Atlan Coast L (Conn) 100
Canton Co
100
Georgia Son & Fla...l00
1st pref
100
2d jpref
100
G.BS Brewing
100
Mt Vernon Cot Duck
Unit Elec L & P pref .50

Pot 5s

115

AU& Chl8t7.. .1907 J-J

1014 ib34

Atlan C

109

Atl Coast L(Ct)ctfs 58 J-D
Ctfa of indebt 43
J-J

112

Bait

L ER48l9o2M.S

BaltCPas8l8t58'llM-N
Fnndg 5s. 1916 M-N
Exchange 34s 1930 J-J
Refunding 3 4s 1952 J-J

116

ex-<liviuend.

"i

Ei.. rights,

r

^15 paid.

Oct

51

26*% Dec'

94N0T

X

644

13a
734

t

Jan 17

Oct

19=4

Ry G

El 5s '99 M-S
Charl C <fe Aeit 68. '09 J J
1910A-O
2d 7s
City cfe Sub Ist 58. .'22 J-D
Oity& Sub(Wa8)l8t5s'48
Col&Gmv Ist6s.l916 J-J
(Jonsol Gas 6s... 1910 J.D
1939 J.D
5s
cfe

Alal8tcon5s

112
100
83
116
66

Georgia P let 6s. ..'22 J-J
GaSo & JTa Ist 58 1945 J .J
G-B-S Brew 3-4s 1951M-S
2d income 5s 1951 M-N
Knoxv Trac 1st 5s '28A-0
LakeE El Ist gu5s'42M.S

Mt Ver Cot Duck
Incomes

Ist 58.

N&O P
1214 122 4 Npt
General .-js....1941 M.S
321

316

924 94
36
65

94

J'no

Bid

Ask

93

94

10534
1163^

111
124

"004

iV5'**

6034

304

30

MetSt(Wash)l8t5s'25FA

150

97

22

'45 J-

GaCar&Nlst5sg'29J-J

99
75
10

8

9

49

60

Bonds

&

4 May

4

125

BALTIMORE

Anacostia

.Tan

43 J'ne
18 4 May

B.\LTIMORE
Chas

Ga<fe

124
110
99

s f 5s

3'il6

Jan 10 28

103 4 10334
75
754

col tr 48 '21. J-J

nalt&PlatOsiul'll A-O
Penn & Md Steel con 6s
Bait Trac 1st 5s. .'29 M.N
Pa <fe N Y Can 78 '06. J-D
No Bait Div 5s 1942 J.D
Con 5s 1939
A-O
Convertible 5s. '06 M.X
A-O 1014
Con 48 1939
ib84 Cent'lRycon3sl'.K!2 M-N
Penn Steel Ist 5s '17 M-N
'43
Extit Imp 5s. 1932 MS
People's Tr tr certs 48
Chaa City Ry 1st 5s '23 J.J
V Co lst& col tr 5s'49 M-S 1104 111

ou lUia day.

21

Ask

Bid

Rochester Ry con 68 1930
U Trac Ind gen 5s'19. J-J

.

1084 1094

luo

'37.Jjr

Terminal 5s gl941.Q-F

Welsbach

1084

1911

Feb 3
Jan 14

May tlS^Dec
Feb 114 Nor
5 4 J'ly 144 Nor
20 Aug 44 4 Nor
62 4 Jan 1314De«
3334 Feb 594 Deo
24 Mar 4 4 Nor
554 Mar 70 Deo
37=8 May 43=8 Oct
5 May 104 Deo
8 Jan 19 Nor
187,927 SO'^gJanlS 4734 Feb 3
19 4 Mar 41 4 Deo
274 4534 Jan 14 47 Feb 2 38 Mar 46 Deo
2,863 42 Jan y 464 Feb 3 28 Mar 42 4 Deo
1,029 58=8 Jan 16 69 Jan 5 4534 Jan 594 Deo
4,021 105 4 Jan 6 109=8 Jan 14 81 May 1 03 Deo

ConM 6sgl9H....JD
Con

107 4

107
88

M 7s

2634

Jan 3 49

254 Feb 2
64 Jan 20

P & E geu M 5 g '20. A-O
Gcu M 4s g 1920., A&O
I'll & Read 2d 5s '33. A-O
1264
Cou

io2"

48

601 13 Jan 26 1534 Jan 4
3,153 104Jan25 114 Jau 4
1,068 10 Jan 9 174 Jan 27
2,584 40 4 Jan 7 49 Jan 26
2,144 105 Jan 25 IU4 Jan 3
26,085 5 2 4 Jan 9 594 Jan 19
534 Jau 17
3,110 47ioJan 3
22,630 07 4 Jan 25 70 4 Feb 3
4,146 4034 Jan 25 42 Jan 14
3,172
9=8 Jan 11 1038 Jan 14
9,520 11734 Jan 4 ?2G Jan 20

PHILADELPHIA

Ask

Berg&EBrw ist 6s'21 J-J
1st 5s '16 J-J

320
1,258
1,336

PliU Elec gold trust ctfs
Tru.st certUs 4s

Choc* iCe Ist 5s 1949 J-J 113
Ch Ok & G gen 5s '19 J-J 1094
4 Col St Ry 1st con 5s 1932
14 Cou Tracol N J Ist 5s. '33
E & A 1st M 5s 1920 M.N 114

u

Brothers

Little Schuylkill

*

15

474
108

1081^4

Che & D Can

Con Electric. 5

West Jersey

104

PHILAJJKI.PHJA

62

Steel...

<fc

734 715i6

69

10a4 10334

484

25 4 25 4

74 Al Val E ext 7s 1910 A-O
AmRyscouvos 1911. J-D

64

_

Iron

69 4

25
444441316

Ask

Coke. 100
100
Oonsol Trac Pitts
50
Preferred
50
DanvUle Bessemer... 14
Preferred

535

*4-84

Bonds

Cambria Iron

&

4

404 414
10
104

1085b 1083^

10

N Haven

107 41084
68»8 59

684

Amer Iron & Steel
BeU Telephone

Ut

154 154
474 474

16
110

6

American Cement

Blaston

144
10=0

474 484

luuctive Stocks

Diamond State

8
14^8
1034

734

5I4

PHILADEI.i'HIA

Central Coal
Preferred

484 484
254

•25=8

54

10834 109
25
25

1(J9

104

B'lfl

254 264
4334 444
4313i84313i6
4534
464
464 464
43JB18 «3l6
444 444
59
59
584 59
254

4S4 4S4
254

a;-'54
734
1434

15

10\
164

10»8

16
48
107

484 484
20 4 26 4.

1064 10634
10534
101=8

118

120

91

92

1st 58'38 M-N

75% 754
294 30
liO

Norfolk St lat 08 '44.. J-J 108
North Cent 4 48 1925 A-O
J-J
63 1904
J-J
Series A 5s 1926
3-J
Series B 58 1926
Pitt Un Trac 58 1997. J J
Poto Val Ist 5s 1941.. J-J
SecAvT(Pitts) 6s '34 J-D
Sar Fla .fewest 5s '34 A-O
884
Seaboard AL4sl950A-O
Seab <fe Roan 53 1926.J-J 1104
A.
53..
Bound
Ist
South
UEl L&P Ist 4 48'29 M-N 9b\
Un Ry <fe El Ist 43 '49 M-S 96^4
64
J-D
Income 4s 1949
Va Mid 1st 6s 1900-.M.S
2d series 6s 1911. ..M.S 113
3d series 63 1916.. M-S
4th ser 3-4-68 1921. M-8
6th series 58 1926. M-S

Va

(State) 33

new '32. J-J

Funddebt2-3sl991.JJ
N C con 63 1914 J-J

West

WesVa CAP 1st 6g'll J-J
Wll & Weld 5s.. 1935. J-J

Reorganization certs. $3 assess't paid.

4

89
96
0534

544

116

9634

97\

1154
11141 ;i'i4
117
i

$20 paid.

THE CHRONICLE.

596

and

Irttrestmtttt

j^^jj^P^Q^j-j

[Vol. lxxx.

l^ailr^atl Iwtjelligewcje*
*

GROSS EARNINGS^

The following table shows the gross earnings of every StFcAM railroad from which regular weekly or monthly returns
can be obtained. The first two colnmns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from .0uSy i to and including such latest week or month. We add a supplementary
statement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers some other
period.

2'lie

returns of the street railways are brought together separately on a subsequent page.
Latest Gro.is

BO ACS
or

Week
Month

AJaQt Southern. 31 wk Jan

N O <fe iexasNO&Noliast.

Ala

July 1

Earnings

Current

year

Previous
Year

S
58.057

S
56,073

to Latest

Current
Year

Date

!

8t

wk .Tan
wk Jan

1.725,229

38,000
24.000
27,000

W

1

<it.

i

AClGtMiG-lTES

WEEKLY SUMMARIES
Oct
week Nov.
week Nov.
week Nov.
week Nov.
week Deo.
week Dec.
week Dec.
week Dec.
week Janweek Jan.
week Jon.

4th week
l8t

2d
3d
4th
Ist

2d
3d
4th
l8t

2d
3d

(45 roads).
(4') roads).
(49 roads)
(50 roads).
(52 roads).
(50 roads).
(48 roa'ls).
(48 roads).
(48 roads).
(14 roads).
(47 roads).
(43 roads).

OF GUO.NS

Current Year Previous Yar

14.297,971
s>,480,183

9,475,7«6
9,765,176
13,338,073
8,976,t(32

9,021,499
8,927,835
12.958,401

Week
or

Month

Current
Year

$

1,852,123

t'iU'iiic

l8t
Isc

ROADS

Previous
Year

43,000 1,270,549 1,296.534
739,397
667.050
25,000
780,511
753,010
26.000
wk Jan
HI
Vtc
I
378.292
November
35,738
32,601
2«,453 1,104,021 1,128,640
3a wk Jan
AtchTop AS Fe. December. 8.235,182 6.035,716 34,615,087 35,812,269
317,857
306,092
1,570,955 1,428,567
Atlanta & ; liar.. November
507,345
336,375
87,994
59,968
Atlantic * B!r... December
Atl Coast Line... December 1,981,518 1.872,388 10,504,820 9.677.108
72,330
67,582
15,054
13,069
Bait* Ann SI... November
Decemiier. 5,412,259 5,189,279 34,544,733 34,415,551
Balt& Ohio
902,082
8 17,957
Banpor & Aroosi November. 174,108 142,252
5.515
27,821
36,946
5,682
Bellefonte Cent'] December
22,835
4,644
3,867
20,848
BrlrtRt ASaco U. November
BuflRoch* fittir 3d wk Jan 144,599 109,000 4,606,248 4,369,937
576,253
519.692
95,575
86,255
Bultalo &Snsq... December.
877,355
106,861 113,165
825,841
Oal <te North w'n. December
64,300
49.900 2,282,000 1,877.700
Canadian North. 3d WK Jan
Canadian Facliic 3d wk Jan 750.000 625,000 29,427,021 27,000,488
181,400 187,200 5,996,960 5.473,146
Cent'l oi; Georgia 3d. wk Jan
Cent'l of N Jersey uecemr>er 1,888,603 1,754. 8 3u 11,372,189 11,139,615
72,845
1,670
2,260
63,260
Chattan South'n. 3d wk Jan
Chesap & Ohio... December 1,721,082 1,578.929 10,458.404 9,649.563
ChloA Alton Ry. eo ember 1,017,987 948,505 6,881,465 6,077.716
131,005 127,519 4,386,734 4.854,342
Chlo Gt Western 3d wk Jan
88,703
86,273 3,151,297 3,056,776
ChioInd&L'v... 3d wk Jan
Chlo Milw & 8t f December. 4.183,830 4,168,007 26,621,382 26,203,657
December. 4,441,871 4,214,381 29,589,106 29.227,288
ChicA North
Chic St P M & O. December. 1,067,627 1.055.514 6,500.133 6,458,251
870,277
27,896
25,431
919,108
Chlo Term Tr RK 3d wk Jan
Otn N O & T Pao. 3d wk Jan 126,057 115,343 4,085,469 8,761,401
eceiuber ,0U5,394 1,697,237 12,141,288 11,070,132
CI Cln Ch & St L.
269,40V 263,968 1,527,521 1,546,016
Peoria <fe Eaat'n D.Ticember.
133,292 114,749 3.550,179 3,589,240
Colorado & South 3d wk Jan
95,916
21,115
94,440
18,603
Cel Newi) & Lau. Novenaber.
267,133
44,514
42,035
240,627
Copper Range... November.
24,094
3,259
4,269
36,711
Cornwall
November
100,915
21.788
116,833
17,009
Cornwall &Leb.. November
Deny. & Rio Gr... 3d wk Jan 297,900 286,500 9,864,916 9,805,377
488.198
78,419
490,403
82,583
Det& Mackinac. December
27.891
874,641
918,489
26,214
Detroit Southern. 3d wk Jan
47,106
40,27i< 1,490,654 1,505,928
DalSotih&Atl.. 3d wk Jan
Erie
December 3,753,903 3,412,611 23,752,536 23,846,773
3,132
18,367
15,959
3,326
F'rchlld&N'r'e'n December.
40,882
3.3,519
7,957
6,580
Fannv & Powhat November
FtW&L>envCity November 256,723 237.136 1,099,159 1,272,942
December, 213.072 211,891 1.294,608 1,250,390
Georgia RR
877,721
858,067
Qa South <fe Fla.. December. 157,148 153,819
35,843
57,437
QllaValO A N.. October...
Gr Trunk Systenj 3d wk Jan 597,222 523,681 20,311,156 20,377,549
92,463 2,759,162 3,007,211
GrTr. West'n 2d wk Jan 102,114
DetGrH&M.. d wk Jan 32,146 27,924 840,049 348,649
Great Northern. December. 3,506,284 3,061,781 23,219.607 2,951,287
Montana Cent'l December. 204,013 208,782 1,186,232 1,08'2,098
Total system. December. 3,710,297 3,270,563 24,405,839 24,033,385
33,769 1,046,956 1,050,748
Gulf<S3hlpl8land 3 a wk Jan
34,511
Hocking Valley.. 3d wk Jan 104,781 107,184 3,566,936 3,525,309
Ulinoia Central.. December. 4,493,103 3,806,150 25,870,603 24,032,382
150,273
106,238
25,316
21,690
Illinois Southern DecemOer
173,591 136,685
868,371
777,759
Ind 111 <fe Iowa... December
Int <fe Gt North'ii 3d wk Jan
100.96b 11JU743 3,685,134 3,636,970
106,143 113,575 3,172,132 3,1'24.070
tlnteroc(Mex)... 3d wk Jim
4>;,979
47,761 1,467,333 1,354,8851
3d wit .)an
Iowa Central
30.200
22,936
993,910
951,056
Kanawha &Micli 3d wk J^u
Kan City South'n December. 008,663 602.427 3,375.496 3,286,311
438,492
2,645,763
LakeErie&Westn Docember
442.190
2,770,983
Lelilgh Val RR.. -\ovember. Z 5b3,821 2,251,849 15,804,115 15,256,163
40,123
234,514
288,799
Lexiue <fe Kast'n. December.
39,406
Inc.
I tie.
35.642
Long Inland
December.
247,959
4ri.03G
409.803
312,888
Louisiana &Ark. December
67,662
Louisv <te Nashv. 3d wk Jan
742,465 751,410 21,622,141 20,1)45,024
13,050
73,617
73,302
Macon & Birm... Decembtr.
13,610
.'"),H02
34,187
37,332
Man'teecfc(ir. i-,;,p Novemiier
4,282
165,265
153,521
Manih <te No ICaa Novejbber
25,039
26,356
40,327
Manistiquo
5,819
47,450
December
4.627
22,118
173, 35
169,628
Maryl'd
i'enn.. December.
23,372
tMexicanCeut'i.. December .2,213,551 2,166,362 12,469,926 12.51.8,048
JMexican Iitoru. November
566,074 605,029 2,750,266 2,773,911
(Mexican Ry
Wk Janl4 113,500 119,400 3,161,00(1 3,030,400
592,.»>88
569,781
JMexlcanSomh'ij 2d wk JaL
20,426
24,500
ilillen it So'w'n. December.
27,402
5,124
40,8y9
6,347
Mineral Range.. 3d wk Jan
322,306
11,787
385,089
11.816
Minneap A fat L. 3(1 wk Jan
i,4'-;o
1,728,403 1,744,660
52.241
Mo ICan <fe Tex:!."- 3d wk Jaii 338,04i 365.446 11,861,000 10,636,649
Mo Pac & Iron M 3d wk .Ian 705.000 795,001) 24,509,833 24,184.933
Ceutrul Brancli 3it wk Jan
896,000 1,078,000
26,000
41,000
Total
3d wk Jan 730,000 836,000 25,405,833 25,262,933

Ala <fe Vlc'ksbV'
VloUeb Sh 6i i\
Allegheny Valley
Ann Arbor

Latest dross Jiamings

Inc. or Deo.

9

13,989.402
8,758,879
9,093,461
8.794,167
11,473,957
8,373,471
8,3(i2,002

8,288,087
12,476,020

7,18(;,66'J

6,7.10.80(1

7,365,01>-

7,621, (;!)6

7,479,872

7,328,114

MStPA; 8 StM. 3d wk Jan
Alob Jack At K C. Wk Deo 31
MobUe& Ohio. 3d wk Jan
Nash Ch
2d wk Jan
Ht L
{Nat'lRRof Mex 3d wk Jan

155,022

Julv

Previous
Year

1 to Latest

Current
year

$
119,534
8,138
133,7e8
194,656
220,782
14,354

Dat*

Previous
Year

5,071,348
246,597

4,373.018
195,756
131.824
4,.591.060 4,297,015
165,791
5.524,434 5,385,624
<fe
221,638
6,270,454 6,268,863
14,089
123,433
Nev-Cal-Oregon December.
112,392
3 93'^
3,397
13,797
Nevada Central.. November
17,031
HudRiv December 6,893!934 6,443,525 42,100,406 41,209,41tr
N
N YOnt<Sfc West. December. 544,523 467,380 3,659,468 3,466,634r
N Y Susq & West December. 231,606 228,001 1,306,126 1.268,660
Norfolk <fc West'n December 1,997.213 1,826,155 11,811,440 11,383,3311
Northern Centra December. 825,540 824,240 5,409,854 5,270,154
Ncrth'n Pacltic.. December. 4,263,618 3,799,120 27,886,40? 26,533,845
16.773
15,817
93,375
Ohio Rlv& West. November
93,687
489,029 450,017 2,821,334 2,666.543
Pacific Coast Co November
ePenn— EastP&E December 10097675 9,228.175 61,449,518 62,471,118
Inc. 7 61.200
Inc. 63 0,800
eWestP&E... December.
Pere Marquette.. 3d wk Dec 232,049 199,934 6,472,243 5,615,050
PhilaBalt&W'sh December 1,102,203 1,126,203 7.030.738 7,025,838
Phlla& Erie
November 701,188 620,166 3,625,038 3,607,324r
Pittsb C C & St I December. 2,120,894 1,872.156 12,490,445 12,718,976
4.247
21,007
5,086
20,08a
Raleigh
Fear November
Readiuf? Railway December 3,201,588 2,787,531 18.171,251 17,663,96*
Coal&lrCo... December 3,681,643 2,906,794 16,887,204 15,720.950
Total Both Cos. December 6,883,231 5,694,305 35,058,455 33,384.898
115,272 105,518
575,376
558.249
Rich Fr'ksb & P November
61,379
56,143
206,898
Rio Grande Jot,. October...
226,058
273,677
8,545
265.263
Rio Grande So.
9,855
3d wk Jan
Rock Isl'd Sys. .November 4.132,406 3,911,772 19.499,912 21.086,343
1,349,228 1,329,489
Rutland RR..., Decembtr
95,io6
99,413
558,260
583,066
St Jos&Gr 1...
November
StL&San Franj; November 3,610,405 3,090,720 17,184,400 15,723.488
129,572 163,290 5,161,750 4,508,323
St L Southwest .. 3d wk Jan
StLVan&TH.. December 211,868 194,202 1,793,908 1,277.431
Seaboard Air L.. November 1,154,815 1,057,121 5,463,521 5,056,557
730,622
671,211
Southern Ind
December. 121,557 105,999
So Pacific Co 6... December. 8,413,350 8,646.601 49.470,133 49,881,284
Southern Rallw'v 3d wk Jan 915,418 908,415 27,502,081 25,567,028
Terre
& Ind . .". December. 164,135 165,829 1,145,085 l,098,09(i
331,439'
70,414
60,032
366,112
TerreH&Peor.. December.
14,941
15,176
522,586
479,413
Texas Centra! . . 3d wk Jan
Texas & Pacific.. 3d wk Jan 248,149 242,202 7,613,882 7,234.201
17,100
17,800
56,200
51,200
TexS
.. October..
59,231 2,362,733 2,167,120
56,556
Tol & Ohio Cent 3d wk Jan
30,909
758,111
23,816
743,549
TolP&Weet.... 3d wk Jan
59,341
56,803 2,166,506 1,837,179
3ii wk Jan
TolStL&
12,024
9,934
361,891
332,481
Tor Ham &Butt. 2d wk Jan
Un Pac System .. December 4,982,246 4,956,338 31,533.368 29,991,386
41,665
50,740
298,543
341,491
Virginia & So W'n December.
Wabash
4thwk Jan 620,257 564,042 16,558,024 14,038,142
Jersey <fe Sea'c December. 244,574 243.974 2,532,206 2,535,706
96,226
65,940 2,640,218 2,638,434
Wheel &
4thwk Jan
11,522
77,938
77,284
13,419
Wm'sport&N.Br. November
531,289 504.948 3,530,731 3,448,563
Wisconsin Cent.. December
16,731
18,621
103,698
90,379
Wrightev«& T'n.. December.
Yazoo & MiB,'>. V. December. 1,029.178 846,215 4.629,323 4,028,711
8,041

YC&

&C

.

H

VAN W
W

W

LE

VARIOUS FISCAL TXAES
Allegheny Valley
Atlanta & Charl Air Lane.

Jan,
.

Atlantic & Birmingham...
Bellefonte Central
Chic St P Minn & Omaha.
International & GtNorth'n.
Lake Erie
Western
Manistee & North Eastern.
Mani.stique
.Maryland & Pennsylvania.
tMe.xican International .. .
.

&

;Mexican Railway
{Mexican Southern
Missouri Pacific
Central Branch
Total
JNational RR of Mexico
N orthcm Central
ePennsy., East of P & E

cWestof

Mar.

Dec
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Mar.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Ian.

P&E

Pere Marquette
PhUa Baltimore

& Wash.

.

Philadelphia cfc Erie
Pitts Ciu Chic. & St Louis.
Rio Grande J uuct ion
St L Vandalia & Terre H
Terrc Haute & ludianap ...
Terre Haute & Peoria
.

. .

Texas & Pacific
West J or.sey & Seashore

Current
Year

Period

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Dec.

Nov.
Nov.
Nov.
Jan.
Jan.

to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to

Previotu
Year

Dec. $60 2,656
30
30 $2,720,469 $2,490,064
31
59,968
87,994
74,072
31
57,276
12,055,269
Deo. 31 11,480,169
301,767
288,350
Jan. 21

Nov.
Nov.
Dec.
Deo.

Deo. 31 4,970,992 5,218,728
341,513
381,576
Nov. 30
70,007
83,412
Dec. 31
272,254
273,197
Dec. 31
Nov. 30 6,311,873 6,494,465
273,600
230,500
Jan. 14
42.111
39.001
Jan. 14
Jan. 21 1,991,000 2,182,000
109,000
64.000
Jan. 21
Jan.
Jan.
Deo.
Deo.
Deo.
Dec.
Deo.

21

21
31
31
31
21
31

Nov. 30
Dec. 31
Oct. 31
31

Deo.
Deo.
Deo.
Jan.
Deo.

31

31
21
31

2,055,000 2,2!» 1,000
672,226
621.664
10,288,448 10,310,348
118145194 ii2626394
43.900
Dee.
11.804.806 10,906,028
13,603.549 .3,649,849
7,095,703 7.215,330
24,108,605 ;4,599.S20
542,741
514,786
400,078
489,882
337,247
344,146
132,6(i5
104,340
724.979
700,^64
4,307,658 4.260,558

EABtIN aiVGS— WccKly and. MoutUly.
P. C-

MONTHLY SUMMARIES

+309,569 2-21 Month Jan. 1904 (127 rds.)
+721, .304 8-23 Month Feb. l;»04 (129 rds.)
+ 382,325 4-20 Mouth Mar. 1904 (125 rds.)
+971,009 11-04 Month Apr. 1904 (127 kLs.)
+ 1,864,116 lC-34 Month May 1904 (128 rds.)
+ 603,361 7 21 Month Juno 1904 (108 rds.)
+ 059,497 7-89 Month July 1901 (125 rds.)
+ 639,74,- 7*72 Mouth Aug. 1904 (122 rds.)
+482,384 3-87 Month Sept 1904 (124 rds.)
+455.869 6-77 MontU Oct 1904 (124 rds.)
-258,77^ 3-39 Mouth Nov. 1904 (124 rds.)
+ 151,758 2 07 Month Dec 1904 ( 67r(l3.)

Current Year Previous Yar

Inc. or

Dec

121,307,020 127,083,582 —5,776.562
118,44.5,889 116,448,815 +2,997,074
—75,823
133,218,211 133,294.034
132,433,290 136,783,139 —4,349,849
130,935,613 134,660,386 —3,724,773
—928,684
113,351,491 114,280,175
132,242,621 139,712,.599 —7,469,978
+734,020
145,292.493 144,558,473
151,475,024 147,338,536 +4,136,488
159,732,959 154,758,622 + 4,974.337
154,304.117 140,909,476 + 13.394,641
59,429,656 55,069,547 + 4,360,109

currency,
b Includes the Houa A Tex. Cent and Ita subald. lines In both yeara and for both periods.
t .Mexican
operated, g Includes the Chicago & Eastern Illinois in both years.

»-

P.O.
4-66'

2-60

006
318,
2-771

081
5-35
0-51
2-81
3-21;
9 -511
7-93'

Covers lines directly]

1

Feb.

.

—

>

.

—

.

.

THE CHKONICLE.

4, 19U5.J

Latest Gross Earnings by Weeks.— For the third week
January our statement oovers 48 roads, and shows
2-07 per cent increase in the aggregate oyer the same week

5!)7
,

of

last year.

3d week of January.

1905.

Previously rep'd (32rdB)

AtttDama Ot. soatbein..
Central of Gteor^la

Ohattanooga soatbem.
Ohio. Term. Tranefer
Oln. N. U. & Texas Pao.
Detroit

Soatbem

Oalntli Bo. Sbore

OoU &

&

Atl.

BhlD Island
Mineral R»n«e...

MobUe dbOMo
Texas Central............
Total (43 roads)
Net increase i207

p. e.

1904.

Ineretut.

6,816,486
58.0S7
181,400
l.«70
27.896
123.057
27,891
47.106
34,511
11.816
131.824
15.178

6.681.030
56.073
187,20J
2.2«0
25,431
115.343
26,2)4
40.278
33.769
11.787
133.788
14.941

354,(547

7,479,872

7,328,114

379,223
161.758

...

.

Dterecuz.

219,111

1,984
5,800

590
2,465
10,714
1.677
6,828
1,964

237

.

January.

teeek of

1905.

FrevlouBly rep'd 42 rd's)
1

Alabama
Oln. N. O.

Gt.

Soatbem..

& Texas Pao..

Mexican Railway
Mexican Soatbern
Toronto Ham. & Buffalo.
Total (47 roads)

,.,.„.,

Net decrease (3-£9

>>.

190 i.

$

9

7,039.686
57,631
124.741
113.500
20,426
9,934

7,300,825

7,365,918

7,624,696

Inereate.

*•-.

139,526
3.389
11,036

113.705
119,400
24,500
12,024

227,455

400,665

412,729
258.778

Net Earnings Montiilir to Lffitest Uatea,— The table follow
shows the gross and net earnings of Stbam rallroade
reported this week, A full detailed statement, Including ail
roads from which monthly returns can be obtained, is glvoF
Mice a month In these columns, and the latest statement n
this kind will be found In the Chbonioi-e of Jan 21
18C5,
The next will appear in the Issue ot Feb. 26, 1905.
•

Ing

— Gross Earnings. —
Road*
Atlantic

'

I

& Blr.RR.aDec.

Current

Previous

Tear,

Tear^

S

S

Net Earnings.——
Current
Previous

Year

.

M. b.Dec.

8.

July 1 to Dec. 3i...,
ash. ('h..-fe8t
.b. Deo.
July Ito Dec. 31...,
I

735,761

631,982

4,639,G9«)
»f^6.41t

4,0j>4,818

6,18i,t06

853,219
5,011,118

Year,

$

$

265,281
257,786 def. 8,345
83,722
542,592
534,527
30,427
64,313
544,523
467,380
112,087
59,170
3,659,468 3,466,634 1,155,993
857,818
231,606
228,001
81,407
98,378
1,306.126 1,268,660
470,701
494.396
1,997,213 1,826.155
753,169
f85,938
11,811,440 11,383,331 4,799,322 4,663,886
825,540
824.240
125,298
141,298
10,288.448 10,310,348 2.459,437 2,336.637

Llnesdlreotlyoperated
JEi»8t0fPltts.AE.Dec 10.097.676 9,328.175 2.590.137 2.203,537
jjan. Ito Dec. si. ..118145191 122626394 36,342,252 37,853.352
«8iof Pitts. diJS.Dec.
Inc.
761,200
Ino,
666.20O
Jon. Ito Deo. 31
Deo. 743,900
Inc. 1.246.700
Phil. Bait. & Wash.bDec
1,102,203 1.126,203
233,150
263,150
3,814.021

4,031,221

aiourande South. bDec.
44,179
40,795
24,932
17.407
July Ito Dec 31....
246,365
242, '^46
122,937
105,515
ISonth. Pao.Co.a..Dec 8.418,350 8,646,601 2,976,015 3,156.495
July 1 to

Dec

31. ...49.470,133 49,881,284 17,294,778 17,022,745

3,916,072
July 1 to Dec 81-.- 24,929,833 23,019,090
Mobile AOhlo.a.. Dec.
714,428
665.495
July 1 to Deo. 31.
4,224,418 3,925,884
Cin. N.O.&T P.a.Dec
603.509
52?,597
July 1 to Deo. 31.... 3,719,710 3,429,930
Ala. Gt. South. a.. Dec
311,613
272,557
July Ito Dec. 31.... 1,680,661 1,564,202
Ga. South.&Fla.aDec
153.S19
157.148
July Ito Dec. 31
877.721
858,067
Toledo AO. Cent. a. Dec.
315,299
293,^47
July 1 to Dec. 31.... 2,183,597 1,998.671
DnloaPao. Systa..Dec 4,982,246 4,956,338
July 1 to Dec 3i.... 31,633,868 29,991,386
W.Je'-sey * ee-ieh.bDec.
244,574
248.974
Jan. 1 to Dec 30
4,307,658 4,260,653
Wisconsin Cent'l. fo Dec
531,289
504,948
July 1 to Dec 3i
3,530,731 3,448,563

^rlghtsv.A T«nn.bDec.
July 1 to
Yaz^io

Dec

3i

A Mlss.Val.a.Dec
Dec 31..,..

July 1 to

xl8,621
X103,698

Xl6,731
x90,379

1,029.178
846.215
4,629,323 4,028,711

1,279.405 1.147.083
7,610,545 6.877,784
268,017
226,312
1,454,428 1,272,720
141,163
125,189
859,407
766,153
64,442
54,582
823,423
362,993
46.640
47,802
230.558
219,770
67,828
31,796
664.492
502,748
2,445,634 2,428,875
15,214.711 14,184,467
df.21,989 df.33,989
1,049.516
945,916
168,136
150,314
1,311,502 1,216,825
6.636
5,018
37,992
22,749
441,866
348,240
1,489,346
978,963

a Net earnings here given are after deducting taxes.
b Xet earnings here given are before deducting taxes.
d Net. after deducting taxes Is $116,170 and 898,852

363,026
2,464,340
206,651
1,435,302

22H,890
2,127.628
222,02%
1,360,628

for 1904

and 1903 respectively for December and $810,882 and $792,186
from July 1 to Deo. 31.
I Houston & Texas Central and Its subsidiary lines are Included.
] These figures Include results on the Buffalo & Allegheny Valley

for period

Division In both years.
M Including other income, total

income (exclusive of results of ooal
companies) for Deo. is $903,694 In 1904, against $622,639 In 1903,
and for period from July 1 to Deo 31 is $3,860,769 In 1904. against
$6,074,276 In 1903. Deductions from total Income for additions and
Improvements were $61,951 in December, 1904. against $57,666 in
1903, and from July 1 to December 31 were $749,576 in 1904, against

$34\9991n 1903,

x

Includes $430 "other income" for December this year, against
last year and for period July 1 to Deo. 31 $2,390 this year.
against 82,574 last year.

$391

Interest GharsreR and Sarplns.

— Int., Pentals, etc. —

-Bal. of Net Eam'gs,—,

Current

Previous

Current

Previous

Year.

Year.

Year.

Year,

Roads.
$
$
a.tlantiod(Birm
Dec
14.392
7.542
11.821
7,755
July 1 to Dec 31...
87,225
87,958
74,647
68,544
Buffalo *8'squeh,.Dec.
15,101
*36,eoo
12,239
•59,325
July 1 to Dec 31...,
107,955
*190,449
73,745
•207,274
Ulev.Oln.Ch.ASt.L Dec.
266,434
308.247
454,121
77,227
Joly 1 to Dec 3i..., 1,847,370 1,855,686 1.935,711 1,068.835
Peoria AEast.. ..Dec
44,581
44,588
46,492
10,766
July 1 to Dec 31....
267,482
267,476
159,418
98,762
Den. A R.Grande. _
Dec
316.449
332,925
1243,675
1186.842
July 1 to Dec 81
2,076,874 1.998,732 tl,777,035 tl,b24,463
aul. So. 8h. & Atl... Deo.
90.641
83,641 *df 15,880 *df.S3,303
July Ito Deo. 31....
567,134
531,850 -df. 89,970 •Qf 63,941
Georgia BR
Dec
•28,462
a'51.415
a51,S79
•12,264
July 1 to Dec. 31.... a313,914 a308,878
*118,726
•99,172
Gulf & Ship Isl
Dec.
•22,924
25.450
20,406
•30,273
July 1 to Dec 31....
"100,181
147,467
117,600
'252,499
ndlana I11.& la ...Dec.
23,439
22,874
33,607
8.060
July 1 to Dec. 31
142,058
137.242
117,403
18,282
Eanawbadk Mich.. .Dec
19,880
20.541 *df.7,686 -dM9,711
July 1 to Dec 31....
120,238
•4,941
•9,610
123.401

& Moriah—
Oct 1 to Deo. 31
LoulsrnaA Arban.Dec.

L.

Champlaln
July 1 to

to Dec. 31
33,881
28.974
1,055 deM,463
<ehlKh Valley KK.bDec.
2..'i83,S20 2,251,849
88^2,213 s323,844
July 1 to Deo. 3i
16,804,115 15,256.163 s6,549.i64 s5,853,99i
«xln»?'n &£aRt.b. Deo.
39,406
40,123
12.0S0
11,036
July 1 to Dec. 3i ..
234,514
288,799
67,633
62,373
-ong Islandb
Deo.
Ice. 35,642
Inc.
36,035
July 1 to Dec. 3i...
Inc. 247,959
Inc. 197.663
ouls'na & Arkan .aDeo.
67.662
48,039
24,081
7,661
July 1 to Deo. 31...
4G9.803
312,SU8
160.287
65.016
[Ineral Range b. Dec.
65,932
46.784
13,102
def.4,188
July 1 to Dec. 31 ,
350.243
290,219
107,531
32,276
1

.8t.P.&8.

Year.

$

Cham plain & Morlahb—

.

Ont.A West.aDeo.

July 1 to Dec. 31...
«. V. Sns. & West.a Deo.
July 1 to Dec. 8l...
SorfolkA West'n.b.Dec.
July 1 to Dec 81...
Northern Central bDeo.
Jan. 1 to Dec 31

87,994
507,345

..

.

N. i

Year

«

Oct

Net Earnings.
^
Current
Previous

Oct 1 to Dec. 31....
July 1 to Dec. 81

—

59,968
26,213
15.297
July 1 to Deo. 3i...
336,376
161,878
106,502
A.tlant Coast L.a.. Dec
1,981..'^18 1,872,388
798,635
700,845
July Ito Dec. 31... 10,504,820 9,677,103 3,768,322 3,509,695
Baltimore & A.nnaponft
Short Llne.a
Not.
15,054
13,089
5,428
4.845
July Ito Nov. 30 ..
72,330
67,562
24,428
22.823
3aaalo<&S'aqiieb.a Deo.
95,575
86.255
31,134
32,171
July 1 to Dec. 3i
576,253
519,692
203.834
192.372
3anartlan Paoiflo.a Dec. 4,562,142 4.264.815 1,662,669 1,581,14^
July 1 to Dec 3l.... 27,152,022 24,906,488 9,144.748 8,668,044
Jent.of Geortrla.i Dec.
996,523
926,891
325,023
3)8,246
July 1 to Dec. HI
5,484.080 4,922,996 1,701,085 1,282,329
Jhesap. 4 Ohio. b.. Dec. 1,721,082 1,578,929
615.278
481,!S95
July I to Dec. 3i... 10,458,404 9,619,563 3,945,547 8,333,973
Jhloago <b Alton. a. Dec. 1,017,987
305,6R7
948,605
337.343
July 1 to Dec. 3i... 6,881,465 6,077,716 2,524,338 1,999,961
3hlo. Gt. West'n.b.Dec.
662,186
685.208
188,232
189.586
July 1 to Deo. 3
4,000,938 4.461,902 1,300.713 1,281,081
Dhlo. M. &8t. P. a. .Dec.
4.183.830 4,168,007 1,687.827 1,707,369
July Ito Dec. 3l....2ti,621,382 26,203.657 10,603,994 10,255!096
Jhlo.Ter.Transr.b.Dec.
125.120
131.878
49,790
33.C98
July Ito Dec. bi....
789,800
842,93*
292,133
320,495
JLOln.Ohl.&St.L.bDec. 2,C03,394 1,697,237
720.505
385,473
July 1 to Dec. 31.... 12,141.288 11,070.132 3,783,081 2.924,521
Peorla(b£as'n..b Dec
269,402
263,968
5S,35»
91.073
July 1 to Deo. 3i... 1,527,621 1,546,016
426,900
866,23
loior'do &8onth.b.Dea
550,061
469,838 dl36,047 dl20,229
July 1 to Dec. 31... 3,203,889 3,273,493 a930,145 d927,280
Den.&Rio Q'de b...Dea 1,447,717 1.237.888
681,105
511,183
July 1 to Deo. 3i... 8,982,116 8,988,077 3,782,431 3,543,957
>ul. Bo. 8h.<St Atl. b.Dec.
207,113
190.925
72,328
54,772
July 1 to Dec. 3l... 1.3ai,502 1,387,536
469,933
463,774
irle.a
Dea 3.753.903 3,412.611
965,771
733,395
July 1 to Dec. 3 ... 23.752.536 23,846,778 7,378,282 6,832,720
JeorglaRR.a..
Dec.
213,072
211.891
61.055
62,970
July 1 to Deo. 3i .. 1,291,808 1,250,390
413.039
274.770
lulJ & Ship Isl'd.a.Dec.
164,571
155,537
47,801
49.679
July 1 to Dec. 3i...
946,150
946,255
213,977
364,162
lllnolB Central... a.Dec.
4.493,103 3,806.160 1,627.651 1,127,424
July 1 to Dec. 31
.23,870.603 24,032,382 8,784,703 6,361.835
ind. 111. & lowu.a Dec.
173,591
136.685
57,046
30,924
July 1 to Deo. 31...
868,371
777.759
259,461
156,524
Umawha&Mtnb.a Dec,
138 396
136.672
11,660
334
July 1 to Dec. 31 ..
905,740
883,863
121,660
129,487
Can. city Bonth.a .Dec,
608,663
602,427
202,856
211,614
July 1 to Dec. 3l... 3.375,496 3,286,311 1,017,784
901,3X9
i.

Sew London Northernb—

Southern Rail way Syst.—
Southern Ball w. a Dec 4,239,515

Deereate

4.074
2,090

153,951

Year.

Roads.

Jan. 1 to Dec. 31. ...13,603,549 13,649,8*9

"8,900

n.K

Year.

•*

$

54.2il2

Gross Earnings. —
—Current
Previous

Pennsylvania—

742
29

For the second week of January our final statement covers
47 roads, and shows 3 39 per cent decrease in the aggregate
from the same week last year.
2d

,

"Mineral

Dec

31

Range

...

Dec

July 1 to Dec. 31 ..
Vashv. Ohat.*8t. L.Dec
July 1 to Dec. 31
.

863

694

11.350
68,100
9.446
56,680
150.502
903,014

10,204
56,554
9,696
68,709
149,682
898,289

•511
•df. 5,022
•16.680
*df.729
•17,891
•103,781
*3,80S *df.l3,781
•51,560 •df.26,096
72,443
56,149
462,339
532,288

New London Northern—
tr.

Oct 1 to Dec. 31
July 1 to Dec. 31
Y. Out. & West. Dec.
July 1 to Dec. 31

orfolk

. .

&

Weflt'n....Dec.

July 1 to Dec. 31
'{10 Grande South. Dec.
July 1 to Dec. 31

69,953
125,093
g32,254
gd66,379
315,397

1,810,379
17,H33
1C9.0J3
T .Jlerto & Ohio C»<n. Deo.
37.772
July 1 to Dec. 31....
226,807

62,222 •de.62.485 •de.22,515
125,597 •de.82,998 •de.48,931
2,874
49,8 33
S'j6.296
789.614
515,603
g3 12,215
418,047
437,772
267.891
1,589,019 2,988,943 3,074,867
17,<?33
10.^.074

39,.570

238,014

•7,099
•16,939
•31,715
•463,088

•def.428
'def.342
•df.l,129

•319,768

THE CHRONICLE.

598

—

f—InU, Rentals, etc.
Previous
Current

144,774
875,662

Current

Previous

Tear.

Tear.

('Balance Sheet of Jan. SO, 1905
This company owna a majority of the capital stock of the
Atlantic Coast Line RR. Co., namely, 121,962,10) of its |43,.
980,000 common stock and $1,061,790 of its $1,736,700 pre.
ferred stock; also sundry other sesurifcies as shown below.
It will be noted that the company now has a profit and loss
surplus of $17,324,953.
hwe beeen favored with the balance sheet of Jan. 20,
1905, which we compare with that of June 30, 1904, and
that of June 3), 1903, as follows:
BALANCK BHSBT.
June 30,
Juni^ 30,
Jan. 20,

$

$
144,709
873.438

$

WlBConsln Central.. Dea
Jnly Ito Dec 31...,

Atlantic Coast Line Co. of Connecticat.

-Bal. of Net Eam'gs.—.

Tear.

Tear.

Heads.

/

.

*12,012

*27,840
*455,653

*370,914

After allowing for other Income received.
^,
^.
Tliese tigureB are after allowing for other Income andf ordlsoomit
and exchange. The sum of $10,000 Is deducted every month from
Burplus and placed to credit of Renewal Fund.
aCharges here Include road-rental (paid by lessees) and other
deductions.
.
,
^
These are net charges after aUowlng for other Income received.
*

t

We

K

Street aailwaj Net Earningrs.— The following table glvea
the returns of Stbekt railway gross and net earnings received
this week. The last general summary which we furnish once
a month, and in which we bring together all the roads from
which monthly returns can be procured, was given Jan.
28, the next will be given Feb. 25.

,— Gross Earnings.

,
,

& Hud. RK.a Dec.

Current

Previous

Current

Previous

Tear.

Tear,

Tear.

Tear.

Other bonds

Auburn & 8yra. Eleo. b —
Oct Ito Deo. 31....

11,604
21,199
51,461
59,187
30.025
67,113
135,232
149,852
July 1 to Dec. 31....
Olnolnnati Dayton <fe To11,624
13,315
38,939
37,300
ledo Traotlon.b...Deo.
154,578
142,714
327,961
32:1.318
June 1 to Dec 3i
Oltlz ins' Rallw'y & Light
Co. (MuEcatine, la.)—
^, ^„,
41,484
112,130
Jan. 1 to Dec 3i....
Elmlra Water L'htA RR \i-( Street Bailteay Department only.)
8.798
11,906
42,051
43,122
Oct Ito Dec 31....
23,112
37,471
105,171
103,723
JoXy Ito Dec 31...

Milwaukee Elec. Ry.

A

,

Dec

Light Co..b

300,931

Jan. 1 to Dec 31.... 3,218,694
Milwaukee Light, Heat &

Traction Co. b... Dec
Jan. 1 to

Dec

38.242
461,955

31....

„».,.=
274,145
3.030,477

„„

,

Ito Dec

31.... 4,308,080

140,1«9
1,503,567

21,140
244,991

14,485
209,882

50,556
50,713
598,874

47,925
49,442
564,977

25,053
262,469
58,227
711,596

13,469

„

32,584
422,902

Musfeegan Trac. * Lt. Co.— (All departments.)
147,180
150,444
Mar. 1 to Dec 31....
102,362
111.153
Oakl'd Trans. Con. bDec
Jan. Ito Dec 31.... 1,258,135 1,137,041
Bat Fran. Oakland & San
27.462
41.839
Dec
joseRy
468.529
Jan. Ito Dec. 31-...
183,592
208,727
Seattle Electric Co. Dec
Jan. Ito Dec 31... 2.321,234 2,093,725
Toledo Bowling Green
24,397
ASouth'n Tract.. Dec
279,339
....
Jan. Ito Dec 31....
359,183
377,650
Twin City Rap.Tr.bDec
Jan.

164.868
1,626,231

4,063,938

f/>'

Roads.
& Syrac.

Elec—
Auburn
Oct Ito Dec 31....
July Ito Dec 31....
Cincinnati Dayton A Toledo Traction

Dec

Rentals,

etc.

—

35,643,201

10.500,000

2,586.964
259,062
17,324,953

10.500,000 10.500.000
5,ooo.000
5.000,000
5,000,000
5,OCO,000
„--,•- -"A
»
o^o oV;
7,863,244
5,6S4,392
249,098
;^59,063
„
„
8,544,322
9,224,746

43,539,979

85,648,201

CaDUa"mook

Due on open accounts
Deposits renew, rail fund
Profit and loss surplus
Total

SKCUBITIES

Cui^r'ent

Previous

Tear.

Tear.

Tear.

S

$

16,299
114,945

16.339
112,519

*5.484 •def.3,313
*i9.919
*34,861
def.2,984

42,069

--

J^

Tra".

& Lt. Co.

(All dtpartmenls.)
26.000
25,000
31....

Mar. 1 to Dec
San.Fran. Oakland & San
Dec
Jose Ry
JaiL ito Dec. 3i....
Seattle Electric Co. Dec.
Jan. 1 to Dec. 31....
Toledo Bowling Green &
Dec.
Sou'hern

.U
?f?
122,154

„„

6,722

25,319
295,473

16347

, ,

.

230,374

*
t

25,566

22,928

13,493
140,315
32,908
416,123

7,747

b Railroad Bonds—

d Other Stocks,,^ ^„„
1^0,000
120,000
Old Dominion Sieamship Co..
Sundry other stocks.
*^^*.?i*.tS„
ni'\Y.n
30,000
20,000
WestlDghouse Air Brake Co
AbsktbOther
_.
e
„,_ .-.
Atl. Coast Line RR. Co. 4 p. c oertfa. at par.. »3.«15,500
Chas. & Westn. Oaro. Ry. Securities
i^R'9„2
3S9.200
AU. Coast Line Co. 4 p. c deb. ctfs. at par...
Amounts due by corporations
o'lir^
3,57^
Sundry securities
—V.

companies which have been published since the last editions
Street Railway
of the Railway and Industrial and
This index does not inclade reports in to-day's Chronicle

KTC-

Central Vermont
Olev^. Tenn. & Vallev

*«;]

UAII.KOADS,

*««
47u
*'"

New York
Key!^l 'lie Teleunone
i
Lac'ede Gas t.l«ht (statement of
fZO
Nov. 80, 1904;..

Cons..!, (ills of

l.Hhiu'i

* Hudson Rivur

*'0

Paciric PuckiiiK* NaT. (statement
471
of Doc. \.',l» i).

lM(,ttsbur«h Urewiiit;

^"."/n

JJO
*""
Texas Central
Western Mar ylind (statemeut 01
•,

Oct. 31, 1004)

STUEKT RAILWAYS.Toledo Railways *L,iuht
Toroiilu Hallway

1903.

$

$

.1.616,056
Surp' previous year
Net profits for the year. ..1,314,748

2,930,804

Total

1901.

1902.

$

$

1,615,474 l.a?8,437
1,187,077 1,507,651

889.106
1,358,347

2,802,551

2,745,988

2,247,453

600,000

564,950

520,400

DeductDividends paid—
Preferred (6 p.

„„^
600,000

C.)

Common
Charged

ofl

---•

plant aoc'nt..

285,609

(5)370,515 (4)296,412 (4)293.348
195.228
269,143
216)979

885,609 1,186,494 {^0,616 1,008,976
aco'tDsc 31. 2,045,195 1,616.057 1,615,473 1,238,477
778,257
706,073
670.607
Exp.on new con. Abetter. 329,607
Exp. on repairs andreo'n.
369,815
415,814
443,870
charged to exp. account. 353,970
Total

Bal. to sur

BALANCE SHEET DEC
1804.

1903.

MfK.iuve8t.atC08t.l».745.8:8 13.e66,13J
Invest in olh. co'b. 2.'i76,70a 2,6S0.K80

Mercnandise
(ash
luBur. imlacel....

1,544,107

^SSWjtJ

4ti8,791

21«,0»o

2 39.ttW

HS.'UI

20^49,249 19,838,955

31.
1908.

1904.

C^fo^^^^
Accounts piyable.
Dividends accr'a..

10.CJ..OOO

746.610

^37,302
150,000

Ues. for dre ins... „ 20''.,*??
2,0 .5,19
Surplus

«*98»
i,cie,05fl

20,649,249 19.888.966

Total

for the quarterly dividend du, Jan 2 aistiiDuuou
"OfjJ^»J„*^»7^„"?
oi "''i
nainblelothe trustee In oharwo of the
78.

p. 822.

an index to all annual
railways and misceUaneous

KTC—

1904.

unul J.muwy.-V.
dendrwiir^as'^iu i«03this payment was not made

is

KAILIlOAns,

$7,471,094

General Chemieal Company.
(Repyrt f(yr Fiscal Year Ending Dec. SI, 1904.J
The earnings for four years were as follows:

X The check

ANNUAL REPORTS.

Page.

$203,106

79, p. 2204.

nor- .lOLh i9u:i

reports of steam railroads, street

„?"'!:^

65,751
South Caro. Pac Ry. Co. Ist 6 p. o... $81,600
201,958
Col. New. & Laur. RR. Co. l8t 3 p. c..31«,000
$528,709
261,000
North West. BR. Oo. of 8. C. 4 p. c. ..235,000
c Railroad Stocks50,000
$ W.OOO
Wilson & Sammerton RB.Oo
Atl. Coast Line BR. Co, 5 p.o. pref. 1,061,700 1,068.692
Ati; Coast Line RR. Co. common.. 21,962.100 21,962.100 $23,080,792

Total

After allowing for other income received,
Fixed charges Include dividend on preferred stock.

Annual Reports.— The following

JAH. 20, 1906.

.

50,118
318,446

2,756
32,193
123,007
103.010
t78,521
1989,'>77 1,028,681 1,196,310

6,556
78,676
Jan. 1 to Dec 31....
tl04,446
Twin City Kap.Tr.. Dec
Jan. 1 to Dec 31....tl,116,195

37,156,664

of Baltia SECURITIES Deposited.— With Safe Deposit & TrustofCo.
1897-1900:

def.4,715

27,769
June Ito Dec 31....
Railway Department only.)
Elmlra Water L'ht&RR. - (Street
•-,,„,,„
to .«i def.'l,567 def. '1.547
13.809
P.^bl
Oct Ito Dec 31....
*720
*11,941
24,635
26,272
July Ito Dec 31....
Ry.
&
Milwaukee Elec.
* 134,972
*117.815
75,376
82,072
Dec
TJcht Co
*697,730
*;76,505
871.254
916,459
ItobeoVbi....
Milwaukee Lt. He»t &
,.«-,,,
,„„,„
*29.751
*33,191
14,734
17,959
Dec
Trac Co
*70,921
*71,533
168,990
203,731
Jan. Ito Dec 3i

MuskeKon

37,156,664

'

-Bal. of Net Earn'gs.s

Previous

i^ot?
15.217
30,781

OWNED

457
239,973
118,304
45 7,622

more, as eeourlty tor * 10,000,000 certtf. of indebtadness
Atlantic Coast Llae RR. Co. 1st con. 4 p. o.
$1,150,000
bonds at par
Atlantic coast Line RR. Co. of S. C, 4 p. c
........•.....•-• l,5ijO,000
.
bonds at par
Atlantic Coast Line RR. Co. 4p.c oertf. at par 8,800,000 $11,500,000

9,312
110,869
201,528
207,456
2,144,776 2,185,888

Tear.

32,735

~

of ludebt, 5 D.o ..... 5.000,000
6,000,000
Cenlflcat'S of In-lebt , 4 p. o
Debenture cert of Indebt., 4 p. o . 2.869.000

C Jtiticates

66,465
593,820

Current

,^,„o
16,198

11,500,000
889,946

43,539,979

Total

Interest Charges and Surplus.
Int.,

^ ^ ^
11.500,000
1,789,946
585,000
16,060,986
691.<01
6,078,867
76,140
135,000
473
237,540
1,309

*

16,079,221
203,106
6,045,572
29.000
133,000

a Net earnings here given are after dednotlng taieo.taxes.
dedaoting
to Het earningB here given are before

/

1903.

1804.

c23.080,792
d203,106
e7,471,094
29,000
Bills receivable
135.000
Realestateandbldg, Wash, DC.
6,457
Land
253,078
Investment r<^newal rail fund ...
332,745
Cftsh..
Dividends accrued

RaUroad stocks

Other stocks
Other assets

7,031
93,526

1,443
71,304

21,656
275,339

b528,707

Railroa'l bonds

$

22,716
292,339

Jan. 1 to Dec. 31....

1905.
deposited with Safe
$
Devoslt & Trust Co. of Bait. .all.SOO.OOO

Assets-

Securities

—Net Earnings.

$

Roads.
A.lb'ny

—

[Vol, lxxx.

438
40U

47l»

United States Steel Corporation.
SI, 193^ J
C Earnings for liacal Year Endng D:e,
and
flaanoial statement of the Corporation
Dec.
on
hand
on
orders
unfilled
its subsidiaries,
ending Dae. 6\ (tae
31 and also the earnings for the quarter

The following

showing the

given out

was
results for Dec. being partly esUmated)
^^^
directors.
Tuesday after the regular monthly meeting of the
alter
arrived at
The "net earnings," as here shown, "were repairs,
renewals
ordinary
of
cost
the
month
each
deducting
1 faxed
bondman
on
int;3re8t
and
and maintenance of Plants
thereeults
append
companies."
subsidiary
the
charges of
1902.
for the calendar years 1%4, 1903 and
,

We

—

.

Feb.

4,

THE CHKONICLE.

1905.

INCOME ACCOUNT FOE QUARTER ENDING DEC. 31,1904 (December partly
estimated).

$21,458,734

Net earnings
Deduct—

Pinking funds on bonds of subsidiary companies. S468.967
3,916,160
Depreciation and reserve funds
iQtereat onU. 8. Steel Corporation bonds for
5,922,850
the qaarter
Sinking funds on U. S. Steel Corporatian bonds
1,012,500
fertile quarter

p. o.)

—

$10,138,257
6,^04,919
$3,833,338

Surplus for the quarter

UNFILLED ORDEB8 ON HAND.
4,696,203 tons
tons
tons
ions
tons
tons
tons
tons

December 31. 1904

3,027,436
September 30. 1904
3,192,277
June 30. 1904
4,136,961
March 31, 1904
3,215,123
December 31. 1903
5,410,7)9
March 31, 1903
5,347,253
December 31, 1902
2,831.692
...»
November 1, 1901
NET EARNINGS FROM OPERATIONS FOB TEARS ENDING DEC. 31.

January
February

March
First quarter
April

May
June
Second quarter
July

Angusl
September
Third quarter
October

November
December
Fourth quarter
Total for year
*

1904.
$2,869,213
4,540,673
6,036,346

1908.
$7,425,775
7,730,361
ff,912,571

1902.
$8,901,016
7,678,583
10,135,868

$13.44'>,232

$25,068,707
$10,905,204
12,744,321
12,992,780

$26,715,457
$12,320,768
13,120,930
12,220,362

$6,344,771
6,202,957
6,226,204

$36,642,308
$12,884,647
10,918,174
9,120,134

$12,011,91.4
12,972,'729

$18,773,932
$7,250,204
7,117,418
*7,091.112

$32,422,965
$7,675,141
4,069,901
3,292,140

$36,945,489
$12,652,707

*$21,458,734
*$73,168,824

$15,037,182
$109,171,152

$31,985,759
$133,308,761

$6,863,833
6,256,518
6,370,374
$19,490,''25

$37,662,058
11,930,846

10,6<i6,906

8,646,146

Estimated for December, 1904.

INCOME ACCOUNT FOR CALENDAR YEARS.
1902.
190i.
1903.
Total net earnings (Eee introauotory remarks
$73,168,624 $109,171,152 $133,308,763
Deduct —
For sinking funds (bonds of
subsidiary oompaDles)
$624,064
$1,583,117
$1,598,012
Depreo'n
& extingulahm'nt 1
(
funds (regular provision)
4,599, 822
4,834,710
.<, ... qq, J
Extraordinary replacement f *^»»'A,owtf <
fund (regular provision.. J
9,315,615
9,297, 531
(
Special fund for depreciation,
improve' cs and oonstruot'n.

Total of abovededuotlon8.$I4,155,010
Balance of net earnintcs
$59,01 3,6 14
Also dtduet—
U. S.Steel orp., int. on bonds. $23,51 8,293
do do sinking funds... 4,050,000
'.

Total interest and sinking
fund U. S. Steel Corp'n. $27,568,293

Balance

$22,830,296 $18,227,350
$50,795,490 $90,306,524

$31,445,321

:

5.378.838

Bal. available for dlvl'ds. $30,3 10,292

$55,416,652

$90,306,524

$30,404,173

$3=1,720.177

Dividends—
$25,219,677

Common.

.

(21a)12,707,56v! (4)20,332,690

Undivided profits or surplus fori he year

& Qaiucy BK.— Bonds

offered.—

&

Chicago City Rj.— Payment for Purchased Stock.— The
Trust & Savings Bank, Chicago, on Fob. 2 gave
notice by advertisement that more than a mejority of the
stock having been deposited under the proposition of Marshall
Field, John J. Mitchell and P. A. Valentine, dated Jan. 11,
1905, payment would be made on and after Friday, Feb 8,
for all certificates of deposit issued to and including Feb. 2,
1905, on account of the deposited stock.— V. 80, p. 471, 221.
Chicago & North Western Uj.— Called Bonds.-Five and
six per cent slaking fund bonds of 1879 to the amouat of
$135,000 have been drawn for redemption, and will be paid
at the Farmers' Loan & Trust Co. at 105 and accrued interest to Feb. 1, 19C5 after which date interest ceases.
Statement for Calendar Yeav 1904 -See page 566
jSMmor.s.— See Cleveland Cincinnati Chicago & St. Louis,
below.— V, 80, V. 221.
Cincinnati Dayton & Toledo Traction Co.— Lease Maiified.
—The stockholders on Jan. 26 ratified the lease of the road to
the Cincinnati Northern Traction Co. (Vol. 60, p. 472.) on
terma stated in V. 79, p. 2795, and V. 80, p. 116.
CleveluEd Cincinnati ChiCiig« & St. Loaia Ry. Concentration of Management.— la pntsuAnce of the policy of concentrating the management of the various Vaodarbilt lines
in the hands of officials having headquarters in New York,
the following changes were made on Tuesday in the management of this company and the Michigan Central:
CLEVELAND CINCINNATI CHICAGO & ST. LOUIS RAILWAY.
M. E. iDgalls resigned as President and v/as made Chairman of the
board of directors. William H Newman, President of the New Yorb
Central <fe Hudson Rlf or RB Oo., was elected President. The follow
ing Vioe-Presldeiita were also ejected: E V. W. Roisiter, la charge of
fluanoe; W. C. Brown, In oharsre of transportation; John Carstensen,
In charge of accounts, and G. .J. Qrammer, in charge of tralQj'.
MICHIGAN CENTBAL BAILBOAD.
H. B. Ledyard resigned as President and was made Chairman of the
board ol directors to ancceedChauQcyM Depew, resigned. W.H.Newman wris eleced President. The following Vice-Presidents were also
elected: W. C. Brown, in charge of transportation; John Carstennec,
in charge of accounting, and G. J. Qrammer, in charge ot traflSo. [Mr.
RoBsiter

was already a Vice-President

The heavy dealings and

of this road.]

striking advance in prices of the

shares of the Chicago

that a representative of the Union Pacific interests will
shortly be elected to the board of the New York Central
Hudson River RR. Co., the parent company of the Eastern
system. As to the election of Qaorge F. Baker, eee N. Y.

&

Central below.
1,135,029

Preferred (7 percent)

&

& North Western, the common shares
having advanced more than 50 points within a few weeks,
have been accompanied by rumors of plans for bringing that
road and possibly othtr Vanderbilt lines into one system
along with the Union Pacific and the Southern Pacific, and
10,000,000
10,000,000 also some persons have suggested with the St. Paul and the
Northern Pacific. While there may have been purchases of
$25,495,366 $24,774,389 North West, stock for the purpose of concentrating control,
$83,675,786 $108,534,374 there is no definite information of any impending amalgamation of corporate interests beyond the unification of the
$19,082,796 $15,187,850
3.040.000 Vanderbilt system— at least the Eastern lines— in the manner
3,797,500
above indicated. It is thought, however, in some quarters

I

Lest Charged oil for deor' elation in Inventory valuai'us
and for itd]astmetit of sundry acoounts (estimated) ..

Chicago Burlington

Co. of New York, and L-'e, Hgerinson
Clark, Djdge
Co.,
of Boston, offered and placed this week at lOejj and interest
the unsold portion of a block of $2,820,000 Illiuoia division
mortgage 4 p. c. bonds, due July 1, 1949.— V. 80, p. 471.
Illinois

11,320,477
Balance
Dividend for the quarter on preferred stock (1%

599

$5,090,515

$12,304,916

$34,253,657

The corporation's fiscal year corresponds with the calendar
year, and complete annual report, comprising general bal
ance sheet, financial etatemente, statiatics, etc., will be submitted at the annual meetlnjj; in April, 19D5, or earlier.— V.
80, p. 226, 119.

1904. ...$12,141,287
1903.... 11,070,132

$168,312 $!,935.711
129,806
l,068,8i6
Dividends of 2}4 per cent on the preferred call for $249,962
during each of th« 6 months and dividends on the common
(2 per cent semi-annually) for $559, 8C6, leaving a balance
surplus of $1,125,943 in 1904, against $259,068 in 1903.— V. 79,
$3,961,393
8,054,328

$l,847,;:i70

1,855,686

p. 2698.

Colorado & Southern Rj,— Voting Trust Certificates to he
Retired Beginning April 1 —Holders of voting trust certificates are Lotified to present them for exchange for stock
Co., the agents for
certificates at the cffice of Hillgarten
the voting trustees, on or after April 1. Not more than 100
echedales will be received per diem. Sea advertisement on
another page.— V. 80, p. 472.
Coney Island & Brooklyn (Electric) RR.— Dividend Redttcea.— The dividend rate, which ior tbree years past haa
been 4 p. c. quarterly, was reduced last week by declaration
of a quarterly distribution ot 3 p. c, payable Feb. 1.— V. 79,

&

GENERAL INVESTMENT NEWS.
EAILROADS, INCLUDING STREET ROADS.
BaltimDre & Ohio B.K.— Dividend— Earning >i.— The

Earnirgs.— The results (partly estimated) for the six
months ending Dec. 31 were:
6mos
Gross.
Net.
Charges.
Improv'ls. Bal.fordiv.

di-

rectors on Thursday, upon declaration of the regular semiancual dividend of 2 p. c. on both preferred and common
stocks, made the following statement:
The net earnings, after providing for the payment of the preferred
stock dividend, ehjwed a surplus eqial to S^a p. o. on the common
stuck. Borne (llscnssion had been had about increasing the dividend,
but the executive committee reoommended the payment of 2 p. c,
concluding it would be more conservative to await the earnioga for
the entire fiscal lear before deciding upon any Increase.— V. 80,
p. 471, 221.

p. 2747.

Detroit Southern RR.— PZan.— An agreement has been
reached with H. B. Holiins & Co., repreeenticg new inter-

who will

new money into tha pioperty,
will be given junior to the present ieeues.
plan of recrgacization will be ancounced next
week. The Ohio Sou hern bocds will be lelt undisturbed
The consols will receive for principal and itterest a new
bond ranking like the prcEent coccole. Both classes of stock
will be assessed.- V. 80, p. 472.
ests,

for

pi't $2,500,000 ot

which a new mcrtgage

A

Brooklyn Rap!d Transit Q>o.— Application to List— The
New York Stock Exchange has been requested to list $5 250,000 additional first refunding mortgage 4 p, c. bonds of 2002,
making the total listed $15,250,000, Compare V. 80, p. 471
Fltchbnrg RR.— Bends Ojfered.— President Tuttle will re
Buffilo Rochester & Piltsbargh lij.-Q larterly.— The
ceive sealed proposals until 10 a m Fdb. 18 for a block of
results for the quarter and 6 months ending Djc. 31 were:
.A*""*-""

J90*
180o
6 mot.

}90i
1^03

^V.

—

Orost.

STet.

$2,077,594
1,856,874

$859,629
744,379

$4,197,083

$1,741,035
1,779,893

-4.0X7,751

owi p. lit)*

0th. income.

Charges.

Bal., sur.

$8,213
8,832

$461,794
404.344

$406,048
348,917

$11,769
25,008

$384,731
812,187

$368,073
9J2,717

$3,860,000 currency 4 p. c. bonds to be issued aa of May 1,
These bonds ara isEuad to
1905, and to mature May 1. 1925.
replace $590,000 Fitchburg bonds due June 1, 19J5, and also
?3,160,000 bonds already matnred atd paid in 1903 and 19:4
Massachusetts RR. due May 1
namely, $228,CO0 Vermont
1903, and $2,932,000 Fltchbnrg isfute due and paid Marc

&

THE CHRONICLE.

coo

1903, to March 1, 1904, inclusive. Thn purchaser bas the option of paving in full on March 1, 1905, or in instalments.—
V. 80, p. 472.

Fairmont & Clarbebnrgr Traction Co.— Extension— Bond/i
Underwritten. This company owns and operatoa abonn 21
miles of etatidard-gangfl trolley lines extending (1) from Fair-

—

mont, W. Va., (a) to Watson and (b) to Middletown, and
(2) from Clarbsbarg. W. Va., (a) to O'Neil Mine, and (b) to
Carbon and the chemical worfes at Q-riPsalli. It also does an
electric-lighting bueine!<8, Arrangements have recently been
completed for the building of a connecting line 16 miles i*
length between Fiirmort und Clarksburg, and for the underwriting by Harvey FIek & Sons of $1,200,000 of firsmortgage 5 p. c. gold bonds, the first to be sold under
the $2,500,000 mortgage of 1903. Stock outstanding $80^,000.
The company is controlled by intereets identified with the
CoDPol. Coal Co. (of Maryland) and its oontroll»"d oompnn'es,
the Fairmont and Somerset coal oomparies. A. M. Young,
Wm. M. Barnum and Wilbur C. Fiek, all of New York, were
recently elected to the board of directors of the railway.—
Y. 76, p. 1406.

Hartford (Cokd.) Street Ry.—New Sfocfc.—The Connecticut L-^gi-lature has been requested to an horize an increasH
in the limit of the capital stock from $3,OJO,(iOO to not exceeding $5,000,000, to provide from tim^ '^o time for extensions, improvements, additions, etc.— V. 74, p. 94,
Illinois Tunnel Co, Chicago.— Adddional Bonds —The
company has sold an additional $2,000,000 first mort. 5 p c.
1, 1903, and due Dec. 1, 1928,
but redeemable at any interest period at 105 and interest interest payable June 1 and Dec. 1 at offiae of Eqnitabla Trnst

25-year gold bonds, dated Dae.

;

Co., Chicago. Of the autborized issue of $30,000,000. $15,000,000 have heretofore been sold. The remaining $13,000,000
can only he ia»ned for the purpose of extensions and the acquisition of additional properties. The bonds are secured by
a mortgage on all property of the company now owned or
hereafter to be acquired.
The board of directors is exceptionally strong, including, as
it does, the presidents of most of the leading railroads entering Chicago, viz the St. Paul, Atchison, Rock Island, Alton,
Western Indiana, C. B. «fc Q Erie, the vice-presidents of
the Gould System and of Armour
Co, ; also J. Kruttschnitt,
director of maintenance and ways of Soathern and Unioii
Pacific railways. Compare V. 7v», p. 2796.
President Albert G. Wheeler, under date of Jan. 24, says :
The company Is the owner of over 25 miles of tunnels or snbways
in the city of Chicago, authorized to be need for the traneportattoa of
freight, merohaanise, parcels, newspapers and thf< mall. It also owns
a complete oystt-m of »utomatlo telephDues, of which over 8,000 have
been Installed and are In fall operation In the business district of Chicago. The company has also acquired valuable terminals and warehouses in the heart of the rallroa terminal dlstrlot of Chl(>ago and an
admirably located tract as a sire for a power house. The company's
tnnnels have been fally oonstrnoted under every street in the bastneas
district of the city. The work of equipping with rolling stock and
making connections with railroad freight houses, coal yards, etc and
with the buUrtlnjts In the district mentioned Is now being vigorously
prosecuted. The proceeds ff the bonds now being ..flared will be applied In doing this work and In the acqulslclon of properties for nee in
,

,

&

i

.

the active operation of the company.
By meaoB of Its tunnels tha company will be able to transport (a)
freight, ere, from railroad stations to business bulldloss and vice
versa; (b) bai?gagefrom railroad stations to railroad stations (c) mall
matter; (d)merchandlee; (e) parcels; (f)ooal; (g) earth ana other material, In connection with the erection of new balldlogs; (h) ashes
and other refuee. etc.
The company bas power to extend its tnnnels under each and 4very
street and publlo place in the cit.y and also to build an extensive system of trunk-llae tuntiel* of sntfiolent size to oarrv and transfer railroad freight cars. The tcrmioal properties of the compauy are available for the prompt and economical transfer of freight and for the
warehonslng and storage of merchandise. The only competition to
which the company Is or can be subject in transportation is by means
of teams en the surf aceof the streets, where great, congestion prevails
coDservatlTe estimate places the toonuge now hanled by tfame in
the dlstrlot to be served by the tunnelt already constructed, having an
area of 1 >4 square miles, at 1 00,000 tons per day.
At present the company is delivering excavated and building material to and from structures in course of erection and extendintr Its
telephone syHtem. UudfT its present plans the company will be in a
position on or before Jan. 1, 1906. to handle 30,000 tonn per day by
means of 7.^ motor locnmntlves and 3,000 tnnnel cars. Th« present
average cost of moving this tonnage by means of teams Is ov'^r 7&
cents per ton; it Is therefore an ultra-conservative estimate to say
that the oompaoy will realize from this tonnage at least (>0 cents per
;

A

ton, viz.:

Total income of «18,000 per day per year of 300 days
Operating cxpentea -

Power

$204,000

Labor, snperlntend'ce.&o. 42<^>,00O

Track maintenance
:i0,000
Kepalrsanddepreo ati'n. 271,000
Net earnings

1

|

Brought forward
Insur'oe

$5,400,000

$925,000

& oontlngencies.$100,000

I

|

Total open expense8.$l,025,<ioo
t4..S7.'J,0

Deduct— 5

c Interest on $17,000,000 bonds
\f
I'ayments due to city under terms of franchise

$•4^0,000

270,000

Surplus
$^,2'^.^,00o
estimated net Income from telephone system for 1905.
.'^00,000

Add

Aggregate surplus
$3,755,00v>
$2,000,0)0 bon'^la were offered last week in Ciica^o, ii
is understooi', at 971.^ and interest, by S. B. Cbapln
Co.
and Everez & Cj J. B. Ransell
C >., ). 68 William S .,
New York, are the compmv'rt fincal agents.
The stocli of the Tunuel Company is now owned by the
Chicago Sabway Co., a mij uity nf woose stock is ownnd by
tiae leadit>g arjd mopt prominent financial and railroad interests of the Utilted Spates.
Pttrc/iasc of Chicag
Dock Property.— For its recent purchase ot projierty from the ChlcHgo D jck Co. (compare V. 80,
$2,60i»,000, namely, (1) casb,
p. 168.) the company paid
$250,000; (2) afisnmptionol $665,(.03gold48 of the Chicago

The

&

)

N

&

D)ckCo.;

(3)

[VCL. LXXJL
second mortgage on dock property securing

11,585,000 of 4 p. c. Tunnel Company notes, of which $250,000
paid in advance in cash and the remainder maturing in four
equal yearly instalments of $333,750 on Julyl, from 1906 to
1909, inclusive.
To accommodate the sellers, one-half the
property has been leased back to them for five years at $100,
000 per annum, subject to cancellation of the lease on fifteen
months' notice.— V. 80, p, 472.

Long Island RR.— Increase in Commutation Rates. — The
oomrany announces a more or less general Increase of
20 per cent in its commutation rates, which, though higher
'ban on

of the suburban lines around New York, are
owing to the fact that the heavy trsffia is cona few months in the year while fixed charges con-

many

nevertheless,
fined to

tinue unabated throughout the entire twelve months, too
low to permit the company to show a balance on the right
side of i^s passenger trafifie account. For the year ending
June 30, 1903, the average earnings per passenger per mile
were 1*422 p. c. while the average cost per pa?8eneer per mile
w>is ex'ictly the same, showing no profit at all.
For the year
1903-04 these figores were 1*44 cents and 1'648 cents, respectively; in other words the company lost over 1-10 of a
oent per mile on the average for each passenger it carried.
The increase in rates, it is estimated, will add a little less
than $100,000 a year to the company's income, being about
^ne-tbird of the deficit shown by last year's income account.
With the increase in rates and the extensive electrification
of local lines which has already begun, it <9 expected that the
company will be able to show a profit.- V. 80, p. 163,

—

Maine Central Rtl. Payment of Bonds.— The $600,003
Rit)kiDg fund bonds of 1885 originally 6s and in 1895 extended
for teo years at 4J^ p. c. were paid off at the Portland Me.
Trust Co. on Feb. 1.— V. 79, p. 2640,
Maryland Delaware & Virginia Ry.— In Possesaion.-Oa
Feb, 1 this new company took over and begai operating the
property and franchlaes of the Qieen Anne's RR. Co., Weems
Steamboat Co. ard Chester Riv«r Steamboat Co. Directors:
8 M. Provost, President, and Henry P. Scott of Wilmington; John P.
Green. Samuel Rea, R. K. Casaatt, John 8 Qlbbs, Hiram R Burton.
Charles H. Tilghman. William H. Bosley. Nicholas P. Bond, Archibald
H. Taylor, Samuel Bancroft Jr., Capt. Wlllard Thomson.
The Secretary is James R, MoClure; Treasurer, Harlan Q.
Pee Qieen Anne's RR. below and V. 80, p. S23—
Soott,
V. 80. p. 232, 117.
Michigan Central RR, Change in Management.— See
Cleveland Cincinnati Chicago
St. Louis Ry., above.— V.

&

79, p. 2744.

Muskegon Grand Rapids & Indiana RR.— Coupon Payment.— Coupon No. 35, due Jan. 1, 1904, is now being paid at
toe office of Winslow, Lanier & Co. The surplus Sept. 1,
1904, after paying coupon No. 34, was $R.899; the net earnings for the four months, September, 1904, to December,
lfi04, both inclusive (December being estimated), were $14,898; total, $18,797; amount required to pay coupon No. 35,
$18,750; surplus as of Jan.

$47.— V. 79, p. 1832.
N^w York Central & Hndson River RR. C ncentration
of Management.— See Cleveland Cincinnati Chicago & St.
1,

1905,

L'jni8 Ry., above.
iVeu) < 'peers —George F. Biker, President of the First National Bink of this city, has been elected a director, to
Boston,
resigned. Nathan
•'ucceed William
Bliss
of

Qailford

has been elected a Vice-President

-V. 80, p. 222, 117.
NorthTH Securities Co.— Appeal

in charge of

traffic.

to

Supreme Court.—The

United S atee Supreme Court on Monday granted the application of the Harri man-Union Pacific interests for a writ of
certiorari to review the decision of the Circuit Court of
Appeals, which dissolved the preliminary injanction granted
by Jadge Bradford in the lower court restraining the pro
rata distribution of the company's assets. The case was set
for argument on Fdb. 20, after the causes already
assigned for that day. If the Supreme Court sboald affirm
the decision of the Circuit Court of Appeals, a pro rata distribution would of coarse follovr shortly, as the latter decided
the case on tbe merits; while if Judge Bradford's viewshould
bi adopted by it, further delay is exoected to allow the
Compare V. 80, p. 118.
tablne: of additional proofs.

down

Ohio River & Western Ry.—iieceu'eriTiip—Bowda.— Tbe receivership referred to last week was made in a suit to foreTrust Co. of
close H morteage made to the Farmers' Loan
New York, as truetee, to secure $600,00(1 of 50-year 4 p. c.
gold bonds, dated Sept. 1, 1903, all of which are outstanding,
"ho mortRHtse mado to the Continental Trust Co. of New
York, as trustee, to eecure a proposed issue of $2,750,000 five
per cent bonds (V. 76, p, 102) was filed, but no bonds have,
The plans of Mr.
It is stated, ever been Issued thereunder.
Appleyard, which miscarried, contemplated the is-uanoe of
bi.mds under tiie larger mortgage to take up the outstanding
No intereat was overpaid on the defaulted bonds.
'•orids.

&

V

80, p. 473, 103.

Pennsjlvunlu RR.— labor Settlement.— It, should be recorded tbat the threatened strike was avoided last week by
tne followiug coaipromise taking eftttct as of Jan. 1, 1905:
(1) General Manager Atterbury accepted the rroposltlon of P. H.
Morrlesey, (1 rand Master of the Brotherhood of Railway Trainmen, on
the Jnrc»'V Olty situation, InorCiinlng wages to the staodard rates of
Nrtw York hartior, together with other worhlng oondlilons. (2) Mr.
Morri(>6ey soiiepted Mr. Atterbury's proposlrion of Jan. 7 as amplltled
by the results of the conferences ot the last few days in regard to
brakemen aesistlnx the fireman. (3) Mr. Atterbury will put Into

Feb.

THE CHRONICLE.

4, 1905,]

a reasonable time snoh measures of relief not only to the
brakemen bnt also to the firemen as have been digongsed and offered
by Mr. Atterbury and gaggegted by the committee.— V. 80, p. 163, 118.
Pere Marqnette RR Meeting to Ratify Lease, The shareholders will vote Feb. 28 on leasing the property to the Cineffect within

001

&

guarantee dividends at the rate of 5 p. c, per annum on the
|16,000,r00 common stock of the Pere Marquette, of which
112,854.500 is owned by the C. H, & D. -V. 8u, p. 223. 163.

The company has sold to Speyer
Co. and Kuhn, Loeb
Co. $75,000,000 of the bonds, which will be used in part to retire the following issues
Stockton <fe Oopperopolls 58. due Jan. 1. 1905
$500 000
Soathern Paolflo RR. 68, due April 1. 1905
12 449000
Oct. 1,1905
4'045'000
California Paolflo 3d mort. 68, due July 1, 1905
liODS ooo
Sdmort. 39, ••
"
1 Of 0.000
South. Pao. RR. (of Oal.) 58,oalledatl07^, a9below8tated.2l,470 000

(jaeen Anne's RR.— 5oW.— At tha foreclosure sale on Jan.
27 the property was bid in by Nicholas P. Bond of Baltimore
and Henry P. Scott of Wilmington, Dal., for 1480.000, subject to the first mortgage of $330,000. Compare V. 80, p. 228,

The amount needed for the refunding of the aforesaid
bonds, including the premium of l^ p. c ($1 610,250) on
the "stamped" first consols is some $45,000,000. The remain-

—

cinnati Hamilton

&

Dayton

for 999 years.

The

lease will

11 Oi

Rochester Syraease

&

Eagtern (Electric) BU.—Stock
filed a certificate at Albany
claesilyiDg its capital stock into $2,500,000 6 p. c. non-cumulative preferred and $1 ,000,000 of common stock par of shares
Classified.

$100.

No

—This

company has

;

securities issued as yet.

Alliance.— Sbs Syracuse Lakeside

V.

80, p.

118.-V.

& Baldwinsville Ry.

in

75, p. 794.

St. Lonis & San Francisco UR.Sale of Notes.— This company last year made an iesue of $3,000,000 of 5 p. c. notes,
due Sept. 1, 1905, and secured by the entire $4,500,000 each of
stock and bonds of the Arkansas Valley & Western RR a
175-mile line extending from Red Fork, Ind. Ter., to Avard,
,

Okla.

A

new

iesue of $4,500,000 of i}4 p. c. notes has now
been created, dated Feb. 1, 1905, and due Feb. 1, 1912, but
subject to call at par at any time. These notes are secured
by the same collateral as the earlier issue; $3,500,000 have
been sold to Blair
Co. and will be used in part to retire the
aforesaid 5 p. o. notes of 1904, The company is permitted to
issue at once not exceeding $4,000,000 of the new notes; the
remaining $500,000 cannot be disposed of until $500,000 cash

&

has been expended on the Arkansas Valley
V. eO, p. 164.

San Pedro Los Angeles

&

&

Western.

Salt Lake Ry.—Last

I
'

Rail—

press dispatch on Jan. 31 announced the laying of the last
rail on this company's line between Salt Lake City and Los
Angeles and San Pedro harbor. For the present the line includes 90 miles of trackage .over the Atchison.— V. 79. ^
p.
1705.

Seaboard Air Line Uj,~A Majority of Stock Assents to
Plan,— The consolidation committee, Thomas F, Ryan,
Chairman, announces that holders of trust certificates representing more than a majority in amount of the shares other
than treasury shares of each class, common and preferred, of
the capital stock, have assented to the plan of consolidation,
will be received at the Morton Trust Co.,
New York, or agents, the Old Colony Trust Co., Boston,
Mass, and the Continental Trust Co., Baltimore, Md., not
later than Feb. 1, 1905.
See plan in V. 80, p. 164. Deposits
are reported to be coming in quite freely, and it is thought
the opposition to the plan is subsiding.
Former President John Skelton Williams stated early In
the week that he had obtained the neoefsary financial support for a proposfd plan of his own, calling for the underwriting of $5,0C0,000 first preferred stock at 87^, the syndicate to receive a commission of 2^ p. o. on such portion
thereof as may not be taken on the same terms by the stockholderp. The plan would provide for an ultimate iesue of not
more than $15,000,000 to $18,000,000 of first pref. stock and
would avoid the scaling of the present share capital.
An investigating committee formed in Baltimore icclude?:
C. Morton Stewart (Chairman), Carl Ruhrstrot, James L.
Bellman, B, Howard Haman and J. Skelton Williams. This
committee claims to hold about $8,000,000 stock.
CeitoiQ Baltimore banking houses are reported to have been
seeking options on the stock at 223^ for the common and 423^
for the preferred, good until Feb. 10.— V. 80, p. 223, 184.

and that deposits

Sheffield (Ala ) Co.— -BeincorporaiioM.- This company, incorporated in New Jersey in 1903, with $500,000 capital stock
in shares of $100 each to acquire the property of the Sheffield
Development Co., including the water-works of Sheffield,
the electric light and trolley franchises, etc., has been re incorporated under the laws of Alabama with $500,000 stock.
No bonds have been issued. The company has constructed
an interurban trolley line between Sheffield, Tuscumbia and
Florence, The company also furnishes electric light and
power to these three cities and water to Sheffield and to
Tuscumbia. President, Henry Parsons, 68 Broad St,, New
York; Vice-President, J. W. Wotthlngton, Sheffield, AIp.;
Secretary and Treasurer, W. U. Parsons, 63 Broad St., N. Y,

Southern P«ciflc Co.— Refunding.— See Southern Pacific

BR. below.-V.

80. p. 478, 164.

Southern Pacifle RR., California, Etc.— Refunding Mortgage.— Thie company, whose capital stock is nearly all owned
by the Southern Pacific Company, has arranged to make a
new mortgage to secure not exceeding $160,000,000 "first consolidated refunding mortgage" 4 per cent gold oonds. These
bonds will be guaranteed by the Southern Pacific Company
and will mature Jan. 1, 1965, with privilege of redemption of
all or Buy part after Jan. 1, 1910, at 106 and
interest Interest
periods January and July. The mortgage will cover substantially all the lines of the railroad company in California,
Arizona and New Mexico, and will upon maturity of the existing bonds, for all of which refunding bonds are reserved,
be a first lien on the property.

Total bondg maturing In 1905 to be refunded

•

!P4l,462,00O

der of the proceeds of the $75,000 000 bonds will reimburse the
Southern Pacific Co. for advances made for improvements during the last few years. The bankers announced
yesterday afternoon that the entire block had been re-sold.
The price is reported as 97>^ and interest.
Called floTids.- Company has called all its $21,470,000
stamped first consol, mort. 5 p. c. bonds of 1893, and will pay
the same at its office. No. 120 Broadway, on Aug. 1, 1905. at
107>i and interest.- V. 77, p. 1226.

^

Texas & Pacific ny.— Payment of Bonds.- The $2,741,000
mortgage Eastern division bonds, dated May 15, 1875,
will mature and be redeemed at par at the Mercantile Trust
Co.. No. 120 Broadway, Now York City, on and after March
first

1905.— V. 78, p. 3385.
Topeka (Kan.) Ry.—Bonds Pwrc/iased.— The American
Trust & Savings Banfe and E. H. Rollins & Sons, both of Chicago, have purchased $700,000 of the company's Ist mortgage
sinking fund 5 p. c. bonds. The property was entirely rebuilt
in 1903 and 1903, and its earnings for 1904 were $218,000 gross,
e
-p
,
$97,O0Onet.-V. 76, p. 1303.
1,

.

Western Marjland U^.— Agreement -Through Coal and
Coke Service Eatabliihed.-The report of an agreement between this company and the Baltimore & Ohio, touching the
Chesapeake & Ohio Canal, has been confirmed by the signing
of a decree in the court at Cumberland, Md., approving the
sale by the trustees of the Canal Company of various strips
and parcels of land to the Western Maryland RR. Co. for
$500,000. The settlement gives the purchaser all right of
way necessary for the completion of its road between Cherry
Run and Cumberland.
An agreement has also been made with the Baltimore
Ohio RR. whereby, pending the completion of the line of
the Western Maryland between Cherry Run and Cumberland, that company Is given trackage rights between the
points named over the B. & 0., permitting the immediate
shipment of coal and coke from the property of the subsidiary
Davis Coal & Coke Co. to the tidewater terminals of the
Western Maryland RR at Port Covington, Baltimore. The
first shipment, consisting, it is said, of 14 cars of bituminous
coal and 41 cars of coke,was received at Port Covington Feb.^l.
The coal and coke traffic was previously turned over to
the B. & O, and handled at its piers on Curtis Bay. The
shipments by the present route are expected to Increase grad-

&

j

ually until they reach large proportions.

The coal pier at
Port Covington has an unloading capacity of 4,000 tons in
twelve hours. Compare V. 79, p. 2692.— V. 80, p. 473, 468.

INDUSTRIAL, GAS AND MISCELLANEOUS.
American Ice Co.— PZan.- The plan for the formation of a
company has been prepared by the following com-

holding

mittee, and will be found in full on another page.
Committee: John E. Borne, Chairman; William Lanman Ball,
Frederick L. Eldrldge, George R. Sheldon, Oaklelgh Thome, wlta
Raphael L. Cerero, Secretary, 66 Broadway.
"It requires $895,313 per year to pay the preference dividends, and It 'is not believed that the business can under
present conditions be expected to earn that amount without
unduly advancing the price of the product and thus stimulating competition. The dividends on the preferred stock
are In arrears since April 1, 1902, amounting on Jan. 1, 1905,
to $2,461,833 (16KP c.)."
The committee, therefore, with the approval of the directors, propose to organize under the laws of New Jersey the
American Ice Securities Co. with the following capitalization,
the shareholders of the present company to be permitted at
their option to exchange their holdings on the basis iodioafed:
CAPITALIZATION OF PROPOSED AMERICAN ICE SBCORITIES CO.
Stock, all or one olaso. In shares of $100 each. Issue limit.. $20,000,000
Of which In exchange lor existing pref.
stock (»14,920,200), dollar for dollar
$14,920,200
For existing common ($iJ3,871,100) .^100
for $500
4,774,220
In treasury alter exchange of all old stock.
305,580
Six p. 0. debentures payable In 20 years, and redeemable
at any time at par at option of company, with such
conditions and security as committee may determine.
3,000,000
Of which for 16 13 p. o. of pref. dividends In
arrears
$2,461,833
Remainder "available for general purposes
ofcompany"
538,167
syndicate composed mainly of directors of the American
Ice Co., members of the committee, and others having official
relations with it, have agreed to underwrite the debentures
of the new compafcy to be thus lesued at the price of 70 p. c.
of the par value, and have agreed, for a commission of 5 p, c.
on the total amount to be underwritten payable in debentures,
to purchase at 70 p. c. such of the debentures as the deposltIng preferred stockholders shall fail to take. The preferred

A

;

&

THE CHRONICLE.

60-2

stcckholders have therefore the option, to be exercised at the
time of the deposit of their certificates of stock, of accepting
their arrears of dividends in such debentures at par, or 70
p. o. of their face value in cash.
The basis of exchange will thus be as follows

—
— Will receive
Bonds.
Stock.
.

9100 principal cf exisHni}—

Common

stock ($23.871.100)

:

or ^Oplionally-^
Stock.
Cash.

$20

$20

Pref. Block ($14,920,200) carry-

$11-55
acoum. dividends. $IC0
$100
All deposits of stocik must be made with the Knickerbocker
Trust Co., No. 66 Broadway, not later than March 1, 1905.
The committee makes the following statement
Tbe oomnaittee finds that ander the existing management which
went Into offlce March 1, 1904, many ol the abuses previouBly exist
Ing are being remedied, the condltlrns of the business are steadily improving, and the prospects are such as to Justify the ffloers la assnmfng that In the absence of utforeseen contingencies the profits of the
year just begun should largely exceed the profits for 1904, which were
$324,25?, after providing for all interest payments. The business for
the year 1903 showed a loss of $8,429 and that for 1902 a loss of
$346,362. The profits for 1904 were earned mainly In Boston, Philadelphia, Washington and Baltimore. The total baelness for the year
ISOt amounted to $6,941,216.
Although 60 p. 0. of that business was done in the city of New York,
that part of the business has shown comparatively small profit In recent years. This result has been due partly to laxity in the managemen'', but largely to the abnormally low price of the product, brought
about by ruinous competition from the artiflcal Ice plants operated by
Its competitors.
Your company was forced to acquire and operate
such artificial loe plants to meet that situation, so that at the present
time about one-half yonr output consists of artificial Ice. The experience of the past few years has demonstrated that in the Northern
and Eastern States, where natural loe can be harvested, the machine
cannot sncoesefully compete. Within the past year eight of such artificial plants have failed within the city ol New York, two in Philadelphia, the only plant in Boston, one In Baltimore and others throuehont the country. The conditions of the past are therefore not likely
to be repeated in the near future.
The properties and assets of yonr company have been conservatively
valued under date of Oct. 31, 1904, at $11,014,276. The outstanding
underlying mortgages on constituent properties and the bonds and
other debts of the company as of Oct. 31, 1904, were $5,116,835.
ASSETS AND LIABILIIIE8 OCT. 31, 1904- C0N8BRV ATI VE OFFICIAL
STATEMENT.
ing le^a p.

$16ifl

c.

<

Liabilities—

Assets—
Beal estate,plant6 and

Underlying bonds

other properties
$9,468,104
Convertible assets and
working capital
1,546,172

$1,559,050
Collateral tiustSs
l,97o,0C0
Underlying mortgages.
576,537
Floating debt
1,011,248

Total
Total
$11,014,276
Total net assets over obi gallons
[Compare V. :9, p. 2746; V. 77, p. 2337; V. 78, p. 586

-V.

$5,116,835
$5,897,441
]

80, p. 165.

Vol, LXX3L

ferred stock and ?i,22!,700 commo.T stock. The plan requires the cance ilatlon of the unissued shares and also the
purchase .ind cancellation of SI 25,300 tf the outstanding preferred at $60 p&r share and $100 of the common stock for
The remaining outstanding shares will then be ex$10.
changed for the $4,000,000 new stock, the pref. stock dollar
for dollar and the common stock on the basis of $800 of old
for 1100 of new.— V. 79, p. 2799.

Laclede Gas Light Co., St. Loui?.—See North American
Compare V. 80, p. 470, 475.

Co. below,-

Luke Snperlor Corporation.— iVoffce to Holders of UnderBonds.— See Michigan Like Superior Co. below.— V.

lying

80, p. 475.

Ijfcwyers' Mortgage Bond Co., New York.— Neio Enterprise.
—This company— to be allied with the Lawyers' Mortgage

—

Co. and the Lawyers' Title Insurance Co. is organized to
carry on a form of mortgage business which the charter of
the Lawyers' Mortgage Co. does not permit it to undertake.
The proposition is to issue long-time bonds, subject to
call after 5 years at company's option, secured by pledge
of i}4 P- c. and 5 p. c. mortgages on New York City property
of the same class, etc., as those now accepted by the Lawyers'
Mortgage Co. "With a margin of three quarters per cent
every increase of $3,000,000 in outstanding bonds would add
one per cent to the earnings of the stock." The company will
have 13 000,000 capital stock and a surplus of $400,000, to be
obtained by selling the shares at $120. Edwin W. Coggeshall, President Lawyers' Title Insurance Co,, and Richard
M. Hurd, President Lawjera' Mortgage Co., at the request of
their respective boards, are organizing the new corporation.

Lehigh Coal & NaTigatioa Co.— Additional Trust

—

Certifi-

cates Listed.
The Philadelphia Stock Exchange has listed an
additional $2,728,500 voting trust certificates, making the
total amount listed to date $6,788,850.
The total outstanding
stock is $17,344,850. -V. 80, p. 475, 168.

Micbigan Lake Superior Co.— Notice to Bondholders, —
The holders of the $3,503,000 first mortgage 5 p. c, gold bonds
of 1899 will meet in the board roam of the Provident Life &
Trustee, trustee. No. 409 Chestnut St., Phaadelphia, on
Feb. 14, to consider a communication from the receiver and
to take thereon such action as may be found necessary. The
company is controlled by the Lake Superior Corporation,
which see above. Compare V. 69, p. 336; V. 77, p. 193, 771.

-V.

78, p. 2445.
Foundries.— iVb^es and New Stock.—
of
acquisition
the
Simplex
To finance the recent
Railway
Milwaukee Gas Light Co.—Eirnings. The company reAppliance Co., the American Steel Foundries has made ports net earnings of $752,166 for the year 1904, contrasting
its one three-year 6 p. c. nctes for |1, 000,000, which have
with $450,748 for 1897. The interest charged upon outstandbeen taken by Knhn, Loeb & Co., and has issued $3,200,030 ing bonds is only $298,000. The company owns about 367
each of preferred and common stock, making outstanding of miles of ga3 mains, over 73,000 meters and about 2,500 oity
each class of stock $17,700,000. The new stock is principally lamps. The new gas plant is described as one of the most
for the Simplex purchase, a small portion being used in con- modern and complete in the world. It is now supplying
neotioTi with the purchase of the Commonwealth Steel Co. about 4,000,000 cubic feet of gas per day, which will be inWm. V. Kelly, recently P/eaident of the Simplex company, creased by about 6,000,000 cubic feet when the new gas
was elected on Ttiursday Third Vice-President of the Foun- holder is completed. This holder itself will have a capacity

American Steel

dries.— V.

—

&

80, p. 224.

Kaaic— Stock Offered. ~8eQ

Brooklyn Academy
Week's Chroniclb under heading of Banks and
Bankers.— V. 78, p. 1500.
CJic8apeat>e & Qhio CAn&l.— Agreement.— See Western
Maryland RR under "Railroads."— V. 80, p. 185.
of

item on

p. 446 of last

Diamond

.Hatch

Co.— iiepor^. —The

endirg Dec. 31 were:
Year—
Net.
1904
1903

Div'ds {10%).
$1,500,000
1,600,000

results for the year

Balance.

Pret. hur.

$1?3,369
$l,00(\000
324,089
2,194,593
New Directors.— Edward R. Stettinius ancJ Russell Hawkins
have been elected directors in place of George F. Smith acd
A, G. Lindsay, deceased. W. G. Fioley has been appoiated
as Secretary to succeed R. E. Wirt, deceased.— V. 79, p. 2590.
»1,663,369
1,824,089

State Steel Co.- Committee.— Th^ committee of
in Philadelphia en Jan. 20 announces that it represents a full majority of the claims of
the creditors and desires to represent them all. The committee exf ects to report its findings by Feb. 15.— V. 80, p.

Diamond

creditors

which was elected

474, 225.

Equitable Illaminating Gas L ght Co. of Philadelphia.—
Qutput.-Tlhe, statement of gas so'd in the city of Philadelphia for the quarter and the twelve months ending Dec. 81,
as filed with tbe city authorities, compares as follows
1904.
1908^
Cubic feel of gas—
1903.
3 months
1,789,504,450 1,778,809,880 1,795,064,370
12 months
6,564,891,970 6,486,829,980 5,42^.129,500
:

12 monlhb'grOBHrevenue
Of which city receives...

$6,564,8*1

$056,489

$6,48«,S29
$648,682

$5,423,129
$543,312

—V. 79, p. 2090.
Herring-Hall-Maryln Safe {1,0.— Report. -The company
reports for the calendar year 1904 a net profit of $35,297,
after charging off |18,678 for maintenance and $15,287 for
depreciation. A new factory was constructed at Hamilton,
Ohio, and a new branch opened in Chicago. The general
business during the major portion oi' the year made it necessary to curtail production somewhat, with consequent smaller
margin of profit. The present year opens with a good demand and better prices.-- V. 78, p. 1395.
IlllLOis Biitk Co.— Reduction of Stock.— A circular an
nounces that ihe shareholders will vote Feb. 8 oa the plan
for reducing the capital stock from $9, OJ.OOO tc $4,000,000,
all of one class.
There is now outstanding $3,421,703 pre-

of 6,0C0,0fiO cubic feet. Spencer Traek
Co. are offering to
investors a block of the first mortgage 4 p. c. bonds at price
to net about 4*60 p. c, authorized issue $10,C00,000, outstanding ij7,800,000, a first and only lien aside from $30,000 office
building bonds.
circular says:
The stock has received regular dividends for the last 45 years of not
less than 6 p. c per annum. All of the stock is owned by the Western
Gas Co. of New York, which In turn le controlled by the American
Light & Traction Co.
See pages 406 and 417 of Railway and Industrial Section; also V. 79, p. 631.— V. 79, p. 2591.

A

North American €0.— Exchange of Stocks.— The ExecuCommittee of the company has agreed with the St.

tive

Louis interests associated with it in the acquisition of the
Laclede Gas Light Co. (V. 80, p. 470, 475,) and the Union
Electric Light, Heat & Power Co (V. 79, p. 275,), both of St.
Louis, for an exchange of their holdings in the stock of those
companies for North American Co. stock. The transaction,

which is Bui:)ject to the ratification of the stockholders, calls
an increase of about $5,000,000 in the stock of the North
American company. The proposition of exchange applies
only to the above-mentioned interests, and does not include
for

other shareholders.
ers of the Laclede

ume

See proposition

company

made

to the stockhold-

In Feb., 1903;
76, page 482.— V. 79, p. 2799.

Chronicle

vol-

Pacific Packing & Narlgi^tion Co.— Sale Postponed.— The
mnjorily
forecloaure sale has been postponed until Feb. 13.
have signed the plan, which is now operative. See V. 80,

A

p. 226, 471, 476.

Pacific States (Bell) Telephone & Telegraph Co.— New
Stock.— The shareholders will vote oa Feb. 9 on increasing
the authorized issue of capital stock from $16,000,000 to $35,OCO,000, the new shares to be issued from time to time as
The company has
r< quired for Improvements and additions.
outstanding $750,000 6 p. c. bonds, due July 1, 1913, and $2,259,000 5 p. c. bonds. (Compare V. 76, p. 598.) The dividend
For the calendar year 1903 the
rate is 7 p. c. per annum.
n«t (snrpluO earnings, it is 8tate(^, were $1,538,439; for

(December estimated), $1,700,000.— V. 79, p. 2161.
(Javen City Telephone City, CInoinnutl.— Fra»c/ii c Void.
—The Circuit Court at Cincinnati on Jan. 21 delivered an
1904

opinion denying the validity of ttie franchise giv>'n to the
company by the Probate Court-, the city not havlt.'g given its
consent thereto.— V. 79, p. 172J,

Feb. 4

THE CHRONICLE.

1905. j

Staodard Rope & Twine Co.— BondholdeAS' Protective
Comviittee.— In view of the receivership, h first mortgage
bondholders' committee has been formed cohsisting of:
Alvln W. Krech, Ohairman; James B. Clews, Donald Maokay,
Charles E Orvle, Vitlentine P. Snyder, with Lawrence L. Qllleaple,
Secretary, 15 Nassau St., New York City.
Holders of first mortgage bonds are urged to deposit their
bonds promptly with the Equitable Trust Co., No. 15 Nassau
St., New York City, in exchange for negotiable receipts.
Should a plan of reorganization be formulated by the committee, provision will be made for the withdrawal of bonds
on the part of disBsnting bondholders without expense. The
committee's circular says in part:
For the year ending July 31, 1904, the company suffered a loss on
Its business of $9,167, and upon Its business for the last six months a
There are also defaults under the
mortgase on the payments due to the sinking fund on Aug. 31,
1£03 and 1904, amonntiog to $27,400 each. The company also has
very large loans Inadequately protected and the Interest due upon Its
ontstandlDg first mortgags on Feb. 1, 190), cannot be paid. The only
plants which have been operated up to thetlmeof the rao^iversbip are
the Waterbury and Morgan Avenue properties In Brooklyn and the
Sewall & Day In Boston. The position Is extremely critical. The sale

loss estimated at about $40,000.

The connsel

603
for the paokers in the suit

and

C.

Armour Packing

W. Armour

Co. are qaoted as eayiag in eflf-ct
that the injanction wi'l not inconvenience them or interfere
with their business, because they have not violated the law
and do not intend to do so.— V. 80, p. 161.
of the

Union Electric Light & Power Co., St. Louis.— See North
American Co. above and compare V. 79, p. 275 L,
United Gas Improvemeat Co— Results in Philadelphia.—
See Equitable Gaa Light Co. of Philadelphia above.— V. 79,
p. 2090.

Talcan Detinniugr Co.— New Offleers.—S. R. Beardsley has
been elected President and Lyman G. Bloomingdale of
Bloomingdale Bros. Vice-President. I-aac Stiebel and B.
Nicoll have been elected directors. V. 79, p. 3752.

—

flrst

of idle properties, additional worklni? capital, effloient management
and the conservation of valuable equities are among the most pressing
necessities. To what extent the protective committee may prevent
complete dis'ntegratlon will depend largely upon the co-operation of
the bondholders.— V. 8 a, p. 476.

Standard Sanitary Mannf.ictnring' Co., Pittsburgh.—
First Dividend on Common.— The "Pittsburgh Press" announces the declaration of the regular quarterly dividend of
P' c. on the preferred (non-cumulaiive) and a first dividend of 4 p. c. on the common stock. At last accounts there
were outstanding $1,982,800 preferred and $2,167,400 common
stock and |1, 876,000 6 p. c. debentures. —V. 78, p. 824.

W

A

New

York.— Dividend.—
State Line Telephone Co.,
2
p. c. quarterly dividend for the first, second and third quarters (total 6 p. c.) declared on the preferred cumulative
8pfr cent stock was paid January 20, 1905, to stockholders of record for each respective quarter. The company was
incorporated at Albany on July 17, 1903, to operate longdistance telephone lines in N. Y. State for the independent
companies.
Capital stock authorized: Common, $500,000;
pref., $500,000; par $100, "full paid." The preferred is also
entitled to participate with the common in any dividends in
excess of 8 p. c. No bonds. Edward M. Millard (President
Eastern Telephone Co.) is President-; D. A.
York

New

&

Reynolds, Vice-President and Manager; J. Owen Huchberber, Treasurer; offioe 150 Broadway, New York, Tae company has made a contract with the Atlantic Telephone Co.
of New York City ("which is now engaged in financing its
enterprise on a basis of $24,000,000") it has thus far provided for interchange of business with the following:
Colonial Telephone Co. of Nawburgh, Dutchess County Telephone
Co. of Poughkeepsle, Columbia County Telephone Cj. of Hudson and
;

Sharon Telephone Co. of Sharon. Conn.
Swift & Co. U. S. Supreme Court Chrants Injunction,
The United States Supreme Court on Monday, in a unanimous decision (Justice Holmes writing the. opinion), affirmed
in all substantial respects the order of Judge Grosecup,
made in the United States District Court in Chicago in May,
1903, granting a permanent in junction a:;ainst Swift & Co.
and various other packers (corporations, firms and individuals) located at Chicago, Oaaaha, St. Joseph. Kansas City,
East St. Louis and St. Paul, in the action brought by the
Government for violation of the Anti-Trust Act (Sherman
law) of 1890. The packers whose trade arrangements and
agreements among themselves are held to be In restraint of
inter-State commerce are alleged in the bill of complaint to
control about six-tenths of the trade in fresh meats in the
United S ates. The Court summarizes the allegations contained in the bill which It holds in a general way have been
proven as follows:
(1) It charges a combination of the dominant proportion of the
dealers in fresh meat throughout the Uaited States not to bid against
each other in the livestock markets of the different States; (2) to bid
np prices for a few days In order to Induce the cattle men to send their
stock to the stockyarde; (3) to fix prices at which they will sell and to
that end to restrict shipments of meat when necessary; to establish a
uniform rule of credit to dealers, and to keep a black list; (4) to make
uniform any improper charges for cartae-e, and finally (5) to get less
than lawful rates from railroads, to the exalualon of competitors.
The Court, among other things, says:
The intent of the combination is not merely to restrict campetltion
among the parties but to aid in an attempt to monopolize commerce
among the States. It is said that this charge is too vague and that it
does not set forth a case of commerce among the States Taking up

—

—

the latter objection first, commerce among the States is not a technical
legal conception, but a practical oae drawn from the couree of business. Whsn cattle are sent for sale from a place in one St ae.wlth the
expectation that thev will end their transit, after purchase, in another, and when In eff-ctthey do so, with only the interruption neces
sary to find a purchaser at the stockyards, and when this is a typical,
constantly reourriog course, the current thus existing is a current of
commerce among the States, and the purchase of the cattle Is a part
and incident of such commerce.

Tae packers entered a general objection, which they
strongly urged, that the till did not set forth suffiaient definite or specific facts, and was vagae in many respects. The
Court admitted that while this objection was serious, it appeared to be inherent in tho nature of the case, saying:
The scheme alleged is so vast that it presents a new problem in
pleading. If, as we must assume, the scheme Is entertained, it Is, of
ooorse, contrary to the very words of the statute. Its aiza mak.'s the
violation of the law more coDsptouons, and yet the same thing makes
U impossible to fasten the principal fact to a certain time and place.
The elements, too, are so numerous and shifting, even the constituent
parts alleged are, and from their nature must be, so extensive in time
and space that something of the same impossibliity applies to them.
The law has been upheld, and therefore wo are bound to eaforce It

notwithstanding these

dlfflonltlei.

—

The firm of Child, Bates & Co., recently established,
with headquarters in Cleveland, Ohio, whose card appears
In this issue, will deal in high-class bonds and local secnritles. Mr. F. W. Child, of this firm, Is formerly of New York,
and was for some time with Kountze Brothers, going from
there to St. Louis as Manager of the Bond Department of
the Colonial Trust Co., and after the absorption of the Colonial by the Commonwealth Trust Company, was associated
with Messrs. Everez & Co. of Chicago. Mr. Bates has for
some years been Manager of the Stock Department of the
Denlson & Prior Co. of Cleveland, and is well known in that
city.

—Messrs. Ackermann &

Coles of 20 Broad St., this city,

have issued the third number of their Statistics of New York
City Banks & Trust Companies, as compiled by Mr. W. C.
Coles.
The brochure is published semi-annually, and contains extensive data as to the date of organiztion of the banks
and trust companies of the boroughs of Manhattan and
Brooklyn, including the dividend record of each institution.

The firm makes a specialty of bank and trust company stocks,
as well as of Standard Oil stocks, inactive railroad bonds
and unlisted securities.

—The

old-established firm of Messrs. '.Tobey

&

Kirk, 25

Broad Street, has recently moved Its offices from the fifth
floor of the Broad Exchange Building to a finer suite of
rooms (1017 to 1019 inclusive) on the tenth floor of the same
building. The new quarters are better situated and arranged
than those just vacated. Tae concern, organized in 1873, has
always made a business of dealing in unlisted stoc^ks and
bonds. It consists of Mr, S. H. Tobey, senior member, Mr.
Harry G. Tobey and Mr. George S. Crap. Mr. Crap was admitted Jan.

2, 1900.

—The six'ieth annual statement of the Mutual Benefit
Life Insurance Co., Newark, N. J,, Is published in our advertising columns. During the year 1904 a substantial
increase in business all along the line is noticed, the market
value of the company's assets now reaching $93,2i7,790 and
its surplus, on a market-value basis, $7,319,562, the surplus
increase reaching 1608,720. Ratio of expenses and taxes to
total income in 1904 was 15*28 per cent and in 1903 15'27 per
cent.

&

—J. S.
R. D. Farlee, 11 Wall Street, advertise in this
issue a list of investment bonds.
Among them are Beech
Creek 1st mortgage fours, guaranteed by New York Central,
Missouri Kansas «& Oklahoma firsts, Seaboard Air Line
general fours, Louisville & Nashville unified fours, and other
steam railroad bonds, and a block of Kings County Elevated
fours. Iciquiries concerning these and other Investment
securities are solicited.

&

—Shoemaker
Bates, No. 24 Broad Street, members of
the New York Stock Exchange, have issued an Interesting
circular describing various blocks of Investment bonds
which they are offering for sale, both railroad issues, such as
Baltimore & Oaio, Western Maryland and Southern Ry,, and
miscellaneous loans such as Mexican Government 4s,
Lackawanna Steel 5 p. c. notes, etc.
simple but eS^ective little calendar Is that issued by the
Lincoln National Bank, 42d Street, opposite the Grand Central Station.
This 8x5 time table for 1905 has as its main
feature a bronze bas-relief of Abraham L'acoln, on a dark
background. On Jan. 11th the bank's deposits were $16,92 J,957, surplus and undivided profits $1,362,085, besides a capital stock of 1300,000 and total resources of $19,292,442.
—The Union Discount Co. of London has issued its semiannual statement. The balance sheet for Dec. 81 shows groes
assets of $96,611,209. The amount to credit of profit and loss
was $1,156,951. The half-yearly dividend at the rate of 11 per
cent called for $206,250 and |251,235 was carried forward.
Details will be found in the full statement printed in another

—A

column.

—The semi-annual statement of the National Discount Co.
of London, pnbllsned in another column, shows deposits and
loans on J)tc. 81 of $50,582,482 and bills re-discounted $16,732,semi267. The company held In securities $11,503,043,
annual dividend at the rate of 10 per cent was paid, calling
for $211,666.

A

—Redmond &

Co's. February investment list is printed on
page facing the first page of reading matter. Their
statistical department will furnish detailed information regarding the securities given in this list, or any other securities, on application.

the

THE CHRONICLE.

604

LXXX,

[\'01..

COTTON.
Fbiday Night, February

COMMERCIAL EPITOME
Friday Night, February 3, 1905.
Easiness conditions for the past week have shown irreguThe reports from soma lines of trade have shown
larity.
buyers operating with a considerable show of freedom; this
has been especially true In iron and steel. Other trades,
however, have reported a period of dulness prevailing, buyers being inclined to pursue a waiting policy. The movement of supplies into oonsumera' hands in the way of deliveries on old purchases has been fairly free, supplies that were
held back last week by the blocked condition of trafiSlc being
forwarded. Reports from the interior have contlnaed to re
port cutticg of e:rain freight rates to the seaboard. These
low freights are having a stimulating effect upon the export

demand

Lkrd...
Xobaoco, domestic
OoSae, Brazil
Ooilee, Java, <SiO

bags
..mats

bag^
hliils

bags, &o
...hhds
No.

Molasses, foreign

Hides
OottOQ.

Boslu
Spirits torpentliie......

Tar
Linseed

bblfl,

ijagB,

..pockets.

......... ...,.,. bags.

Saltpetre

Manila hemp

bags.
......bales.

hemp

bales

Jatebatts
Floor...

bales,
bbls,
bbls.

—

-.

Bice, E. I
Bice, domestic

Jan. 1,
1905.

1905.

tOB
hlidB

OoSee.otber
Bugar
Bngar

bales,

bbls. and sacks

7,643
2,128
3.497,442
130,806
419,009
None.

Feb. 1,

7,957
3,094
3,403,379

1904.

am.
Maydel'y
Jolydel'F

at—

14,5.142

414,088
None.
None.
None.
12,600

None.
None.
12,300
90,575
24,906

100,1 3 i

86,000
None.

26,396
1,114
1,216
1,000
40,000
None.

850

190

1,078
1,651
1,000

None.
65.300
None.
10,100
73,972
38.702
1.600
1,077
2,000
80,000
None.

383

1.784
17,263
8.105

None.
182,900

None.
89,600

10,139

14,982
2,917
None.
170,200

25.'i.788

Miyi^.

700
7071a 710

6 95

tHttS-

Vfsa.

700

712i«

6*90

702>*

JTAwv*.

6 90
7 02J«

fri.
6-92iij

7-05

Pork has had a fair jobbing sale and at steady prices,
closing at |13@13 50 for mess. Cut meats have been in fair
demand and steady. Tallow has been easier, closing at
Cotton-aeed oil has advanced slightly. The close was quiet
at 24J^@25c. for prime yellow. Butter has continued to advance for choice grades. Cheeee has had a fair sale at firm
prices. Fresh eggs have been steady.
Brazil grades of coffee have continued to meet with a slow
sale, and owing to disappointing statistical developments and
dull estimate of receipts for February prices have weakened
slightly. The close was quiet at 8J^c. for Rio No. 7 and 9c.
for Santos No. 4, The demand for West India growths has
bsen quiet, and there has been a slight yielding in prices,
closing at 9%c. for good Cucuta and ll@llJ^o. for good
average Bogota. Liquidation has continued the feature of
the trading in the market for coffee contracts and prices
easier.
The close was steadier.
The following were the closing asked prices:

have been

7-150.
7'20o.
7-450.

i

Jane
July

7*55 o.
7*70o.

l

Sept
Oct

Qalveston
Pt.Axthnr,&o

Sew Orleans...
aSobUe
Penaacola, &e.

Savannah

Th,urt,

tri.

Total.

6,904

2.554

4.475

4.384

3,732

467

490

7.348
1,263

2,415

3,869

1,055
3,513

28.770
8,250
64,773
4,285
5.745
16,768
4,611

313

78

279

1,138

440

293

200

168

88

275

455

1,481

1.041

1.024

1,803

717

826

1,402

6,813
1,500

353

638
751
197

Waah'ton.&e.
N'p't

News, &c.

New

York.

126
83

Boston.........

494
38

50

Baltimore
Phlladelp'a,

Ac

130
160

2,896
168

84

688
831

1.272
75

26

4,168

352

week. 18,606 24,295 46.329 18,603 12.177 23,213 140,223

Tot. this

The following shows the week's total receipts, the total since
and the stocks to-night, compared with last year.

Septc 1, 1904,

190304.

1904-05,
Receipts to
Feb. 3

This
week.

Thu

Since Sep,
1,

1904.

week.

Galveston...
Pt. Ar.,&c,

1905.

47,813 2,072,071
6,689
92,709
62,845 1,609,532
4,B37 181,782
1,614 116,296
19,285 1,017,531
2.154 113,483
1,094 144,173
21
1,021
6,160 312,815

28,770 1,839,899
8,2S0 147,475
Cf ew Orleans 54,778 1,777,767
Mobile.. ....
4,285 229,979
P'eaoolo, Ac.
5,746 136,224
Savannah... 16.768 1,268,333
Br'wlok, Ac.
152,687
4,611
(Charleston..
1,138 175,613
755
P. Royal, &o.
Wilmington.
1,481 271,067
122
Wash'n, &o.
Vorfolk
6.613 477,442
N'portN.,&o
688
7,049
20,466
New York... 1,600
881
43,884
Boston
84,081
Baltimore. .
4,168
352
Phlladel,&c.
8.594
Totals

Stock.

Since Sep.
1, 1903.

1904.

158,118

81,824

»««•*

338,879
60,002

411,961
19,128

......

65.574
20,976
18,822

65,632
8,247
11,150

5,671

10,720

29,997

8,833

386
394.537

349
672
542
891
823

10,385
5,936
12,642
18.304
8.123

82.506
3,307
6,311
1.026

18,930
1,161
73.237
34,000
5,372
2,784

140,223 6,641,427 158.602 6,111,676

781.474

733,696

356

In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons,
Receipts

at—

Oalves'n, &o.

1905.

1904.

1903.

1902.

1901.

1900.

87,020
64,778
4.285
16,768
1,138
1,481
6,813

54,502

67,217
61,961
5,815
26,519
1,490
4.743
9,379

48,391
46,294
3,008
22,376

67,866
67,878
6,667
41,800
10,149
6,989
13,373

246

791

20,529

17,908

144,435

812,421

Ac

688

349

768

All others...

17,257

6,696

15.397

85,888
30,294
3,520
16,844
3,379
3,813
7,249
1,362
16,156

wk. 140,223

158,602

193.289

118,351

New

Orleans

MobUe
Savannah...
Ohas'ton, &e.
Wllm'ton, &o

News,

52845
4,837
19.265
1,115
5,160
8,833

1,006
3,448
4,142

8O0c.

I

test, and
1^0. for muscovado, b9-deg. test. Re8ned has been quiet
but steady at 6'05c. for granulated. Other staple groceries
have been quiet and unchanged,
Kentucky tobacco has been in active demand, exporters
being good buyers at advancing prices. A large business has
been transacted in seed-leaf tobacco and at full valn«8. Sales
include a considerable quantity of 19J11902 crops Wisconsin
Havana seed Be. 1903 crop Zlmmers Spanish and Pennsylvania broad leaf. Exceptional activity has been experienced
in Havana tobacco and at fair prices. Sumatra tobacco has
been fairly active and firm.
Offerings for Straits tin for prompt delivery have been
email and the market baa continuel firm, closing at 29 6D@
Ingot copper has had a limited f ale at steady prices,
29*85c.
closing at 15J^@15%c. for Lake and 15i^@15)^c. for electrolytic.
Lead has been firmer at 4"66@4'70c. Spelter has
been quiet and easier, closing at 6-203. Pii^iron has been in
good demand and firm, closing at $17 50@17 75 for No. 2
Northern and $17 25@17 50 for No. 2 Southern.
Refined petroleum for export has been easier, and closed at
7-25c. in bbls., 9-95c. in cases and 4-35c. in bulk.
Naphth*
has been steady at 113^0. for 71 degrees and 12c. for 76 degrees. Credit balances have been easier, closing at 1 -.393.
Spirits turpentine has been quiet and prices have weakened
to 55o for machine bbls. Rosins have been qniet but steady
at |2 87^ for common and good strained. Hops have been
dull and easier. Wool quiet and pulled wools easier.

oVianged prices at 53^g. for centrifugals, 96-deg.

Wed,

Ttte$.

1,855 3,703 9,279
3,958
4,292
6,169 13.522 20,618
845 1,003
217
2.972
2,333
2,067 4,022 3.360
1.098
122
289
57

STllnilngton....

N.

.^
Ang
7-80o. Dec
8-lSc.
R iw eugars have been dull, with sellers holding for un1

Oharleston
Pt. Royal, &o.

Norfolk
7'90o.

Mon.

Sat,

Sorfolk

2,421,298
101, !2l

refined for the Continent. Speculation in lard for future
delivery has been moderately active. Light receipt of hogs
have held prices very steady. The close was quiet.
DAILY OLCS JHe PBIOBS OV I.A.8C VCTClSBa IN OHIOAGO.

Hay

Receipts

9,472

Lard on the spot has had only a limited sale, bat offerings
have been very moderate and prices have held to a steady
basis.
The close was quiet at 7 '150. for prime Western and
6 50c. for prime City. The demand for refined lard has been
light, but prices have held about steady, closing at 7'auc. for

Feb
March

week, making the total rooeipts since the let of Sept., 1904,
6,641,427 bales, against 6,111,676 bales for the same period of
IB03-4 showing an increase since Sent. 1, 1904, of 529,761 bales.

Bmnsw'k, &e
Feb. 1,

1905.

3,

as Indicated by our telegrams

from the South to-night is given below. For the week ending
.his evening the total receipts have reached 140,223 bales,
against 156,670 bales last week and 122,950 bales the previous

for corn.

Stoekt of JfercAandMe.

Blsal

The Movement op the Crop

Tot. this

Since Sept. 1 6641,4-.27

6111,676 6021,507 5902,565 5515,100 4974.060

The exports for the week ending this evening reach a total
of 177,823 bales, of which 48,63i were to Great Britain, 4,205
to France and 125,091 to the rest of the Continent.
Below
are the exports for tne

week and since Sept.

Wuk Bndinti Feb. 3. 1900.
from—

Great
Brit'n,

4,816

lial Teuton

Pt-Arthur. &o. 3,968
S^it Orleani.. 17.804

Stance

Oontintnt.

61ti

8,759

3,203

lotal

Oreat

Week.

Britain.

14,122

66.514

87,520
P,382

8,215
13,820

13.8'iO

3,918

67,9i6
231.468
100,864

e,070

e,07(J

8,379

5,60

New York

4,4tl

0,611

11,407

•Sotton

6.766

l,36i

7,UH

laltlmor*

1.49-1

443

'an Kran.,

Total
Total. 1003-04.

8.746

3,918

108,660

860

I

9,074

Jko..

48.682
46,2!i6

1904. to Feo. 8. 1906

__
^"'^

663.616 187,823
50,861
631,744 243.286
43.89d 17,63d

9,382

PeniHOOla, &o.
'(aTannab
Irnniwlott ....
CharlastOD....
Port ttoyal....
^llmlnKton...
Nor/olk
N'port N.. Ao..

496

1.

Exported to—

3,»I58

Vloblle

»>hila(lelphia..

from Sept.

Mxportcd to—

exports

1. 1904.

17,084

47.768

Oontinent.

Total.

438.519 1,486,023
70,500
181,361
495,688 1,376.717
48.406
109,910
59,167
126.170
640,295
919.608
6,916
107,610
68.647
ee.9S6

3.662

149.099

260.411

13,616

7,03d

30.662
13.079
313.042
00,313
97.319
29,861
97.701

1.000

12,079
201.817

14,405

127.020

1.932

90.087
65.120

4.124

8,876
2S,075

856

2y.l69

9,074

1.685

07,701

4,205 126.091,177.829 3,400.374 654,896 3.828.0rf0 6,272,859
16.18SI 114.854 177,317 1.H66.606 606,828

2.1" 23,

834 4,087,266

Feb.

THE CHRONICLE.

4, 1905.J

605

FuTUBES.—Highest, lowest and

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by
Messrs. Lambert & Barrows, Produce Exchange Building,

New

closing prices at

York.

We

ON SHIPBOARD, NOT CLEAEKD FOK—
Feb. 3

Leaving

ai-

Other OoastOreat
GerBritain Fr'nee many. For'gn wise.

60,711

i",bo6

8,600
14.250
7,800
18,000

288,168
104,945
55,474
18,822
41,402
15,747
74,705
24.577

48,653 21,635 44,160 26,852 16,324 157,634

623840

Total 1904.. 49,224 17,981 37,324 12,674 14.743 131,946
Total 1903.. 69,762 53,937 29,140 43,276 21,894 217.509

601 ,750

14,562
20,001

Mobile........

"ioo

Norfolk
New Yorb....
Other ports .

i'obo
10,000

Total 1905..

9,885 12,682 13,060
3,950 1(^,378 12,042
10,100 ......

53.173
10,100

o«a.i*

Speculation
erately active
The feature of
to be for the

7",506

"300 2'oo6

"250 14,000
1,500

3,000

fl

•3 -a

522
802

srew Orleans.
Galveston.. ..
Bavannali.. ..
Charleston...

!'!!'!!

8toek,

Total.

MO 6©
CON

«

{

•>1A

©CO
I

d

MM
M©
9

0«5
e>ei
QDOO
I

cceo

CO

©M

KIM
CO to

»3-a

COM

QDQD
ocas

Ci
00
en

oci<i

00
If

o
00

'

a»a

«

9

a
CD

I

ccob

M©

0S»3I

»C6

006

QDOb

00 CO

a

©CO

2l

C0 10

cooa

Ci

(CO)

m

I

COCO

^1

«a

OS)

w

OCCO
toco

OO)
OIW
I

d

«3*.
I

(5)05

»«»

-300

-3Qa

OOm

QC

^1

«
1^

ao)

CROS

9

I

(X>

aos

0-3

HO

MO*

ec

9

I

»j<i

in cotton for future delivery has been mod
and there has been a fair advance iu prices.

dCi

00

©CD

3)

a

MtO
-3-4

I

CO

cocn

787,744

«

I

00
(XOi

CCQO

CO

o

I

00 -j

0603
tetb
QDOO

-a -a
!

0>ai

coob

»-<0

CO
tn

I

^

coon

MO
8)

ob-4

WOi

1^

9

the trading baa been buying which appeared
Co|«]«3
^^ <|<J
«3<I
ao> Oi
•3<I
account of leading bear interests to cover
tcta
tO»^'
OC
coco
-3
©
do
IfkCJi
MO CCS ©o
toco
OM
00
C3»
The South has continued a firm
their
contracts.
holder of cotton, and according to latest information plant-3-3
»30 «3«J
•0 0*
ooi <i
COM tOM tad too M
MCD
to
dcD CO
ers are making a concertea move to hold their sur^1
-^M OKI tOM 00
GO
kS06
«3
COM 00
plus production from the present crop until they cau
ti
d
9
9
d
9
9
«
dispose of it at satisfactory
prices.
It is this
ten«3-q
-3«3
-3-3
»3vl
-3-3
a
> to
acii;y with which the
COM
South holds its cotton which cretets
M
66
Oi«i
CO
COCO
C/>0»
CD
©
t^t^
ated uneasiness among the speculative short sellers and
brought them into the market as buyers to cover
-J
CO
t0>O
ecu to
MM MM 6 o© CO
M».^
sales.
their
The demand for actual cotton, accordOO
69M en
WCO COCO C^iOO mO W
tOM
|t»
9
«
& 1*9
is»
i»
la
9
«
ing
reports, has shown
to some
an inoprcvement,
-3«3
»q-3
-3-3
^-a -3.J -3-3 -3-3 -3
and buyers have found it necessary to pay full prices to obc«i^
toco
toco
6m
o
tain the supplies wanted. Outside speculative interests are
*>.0<
-310
*»« ©CO -3to toco -3
M
understood to be following the market closely but are not
"?*?
^*? "?*? ^*? 'i''^ "?"? -3-3 -3-3 -3
disposed to give it any assistance until the planting
M" M
coco
cota
lOtO
ii^»a^*Coco
koto
0910
M©
0000
U<M M-3 OSM ©to 001^ M
season is reached and definite knowledge can be obtained
vi
^ lO i<ilk
d
« |os> l@
«
whether or not the cotton acreage for the coming season will
-3-3
*?*?
"?"?
*?*?
*^'?
*?
"?*?
"?*^
"^'S'
be materially reduced. To day there was a moderately active
CM
'00 ? to M »0 >^t^
I^Ol
(^||1
COK)
C0#^
-3© co-3 oc;< ato bo CO
CO
to
CO 01
CO to
and firmer market. Buying by shorts to cover their contracts
t3 CO
continued the feature of the trading and prices advanced.
«3
0)
05
05
a>
05
•=?
'no
The close was at a net gain in values for the day of 13@16
to
-is
-3
<I
o
O
05
d
00
M
cn
to
CO
OD
CK
(0
m
^
points. Cotton on the spot has been firmer, closing at 7-60c.
«'
«
9
9
#
9
d
for middling uplands.
-3
-J
^
"=?
The rates on and off middling, as established Nov. 18, 1903,
6t
CJI
M
to
to
KJ
CO
ob
V>
CO
01
o
-3
to
CD
CO
Ifk
CO
by the Revision Committee, at which grades other than
The Visible Supply of Cotton to-night, as made up by
middling may be delivered on contract, are as follows.
Fair
c. 1-30 on Good Middling Tinged
Even cable and telegraph, is as follows. Foreign stocks, as well
c.
0-96 on Strict Middling Tinged.... 006 oS as the afloat, are this week's returns, and consequently all
Middling Fair
0-62 on Middling Tinged
Strict Good Middling
012 off foreign figures are brought down to Thursday evening.
0*44 on Strict Low Mid. Tinged ... 034 off
Good Middling
Strict Low Middling
0-14 oflf Low Middling Tinged
050 ofl But to make the total the complete figures for to-night
Low Middling
0-38 off Strict Good Ord. Tinged .. 084 off (Feb. 3), we add the Item of exports from the United States,
Strict Good Ordinary
72 off Middling Stained
050 off Including in it the exports of Friday only,
Good Ordinary
1-00 off Strict Low Mid. Stained... 1 06 ofl
1905.
1304.
1003.
1902.
Strict Good Mid. Tinged.. 0-30 on Low Middling Stained
1-50 off
stock at UiTSiirpool.,,..,^., i»8,lek. 960,000 625,000 680,000 1,040,000
On this basis the official prices for a few of the grades for stock at tiOKfiom. .«,.„..«„
13,000
10,000
9,000
7,000
the past week—Jan. 28 to Feb. 3— would be as follows.
Stock at Manchester. ._...>..;.
47.000
71,000
Total Great Britain Btook. 1,020,000" 706,000 689,000 1,047,000
UPLANDS,
Slat. Mon Tues W^ed
Fri.
9,000
Stock at tlamiiaig..^^
15.000
7,000
8,000
I

I

I

)

I

I

I

I

I

I

,

'

I

I

I

I

I

I

IS)

I

I

I

I

I

1

'

'

'

\

I

I

I

I

I

I

I

I

!

I

I
'

I

I

I

I

I

ll^ ll^

I

I

'

'

1

'

i

1

I

i

'

1

•

I

1

!

'

'

. .

..=...»,

Good Ordinary.. .......^^....

Low Middling
MirtdiiTig

..."

GK)od Middling

Middling Fair

„.

600

610

6-25

6-63

6-72

6 87

700

710

725

6-35
«-97
7-35

7 44

7-54

7 96

8 06

7-69
8-21

8'3l

GULF.

Sat.

Gtood Ordinary

6-25
6-87
7-25
7-69

Low Middling

,

MlddUng
Gtood MlddUng
MlddUng Fair.
,

8*2

STADTBD.

Low Middling
Middling

..

Low MlddUng Tinged...
Good MlddUng Tinged....

Strlet

V79

Mon Toes Wed
6-35
6-97

735
7-79
8-31

6-50
7-13
7-50
7-94
8-46

ITIoiii

5-50
6-80
6-66
7-00

560
660

5-75

6-76

6-91

FrS.

660

6 70

6 '8 5

7-32

7-47

770
8)4

7«5

6-85
6-85
7-01

675

Tto.

745

7-22
74>0
8 04
8-66

Tuea Wed

Sat.

7-89
8 41

6-60
7-22
7-60
S'04
8-6«

6 45
7 07

8 66

8-29
8-81

Til.

jfn.

5-95
6-95
7-11
7-45

7'10
7-26
7-60

610

710 7-26 735
The quotations for middling upland at New York on
Feb. 3 for each of the past 33 years have been as follows.

1905. ...0. 7-60
16-60
1904
9-00
1903

1902
1901
1900
1899
1898

SJ*

10
85,e
66,a
6i5i8

1897. ...0. 7'4

1896
1895

SH

5»s
1894...,., 7i5i6
1893
9^8

1892
1891
1890

'/7,e

9Vi
1015,

1889. ...clO
1888. .....lOSg

I88I....C.IUI16
13
1880

1887

1879
1878
1877
1876
1875
1874

9ifl

1886...... S3,e

1885
1884

im

10%

1883.
lU3i8
1882, .....12

Sifl

IH'6
laiSjg

13

Saturday

..

Monday

Quiet

futttkes

Market
Closed.

Sales of Spot
Ex-

Oon-

Oon-

tump.

tract.

Firm

Quiet. 10 pts. ad. 8t"i*dy
Tnesday
y^ulet, ispts.ad Very steady.
Wednesday >jmet, lOpts. ai hum
Thursday.. Qnlet, lOots. ai. steadv
Frday. ... Quiet.l5pt8.ad. Very steady.

376
105
227
58

i,ioo
2,600

306

1,510
36

200
300

300

2,310

4,200

. .

Total

& Oontbact.

port.

883,000 542.000 609,000 946,000
63,000
40,000
716,000 460,000 479,000
JontlnentalBtiOflbo. ..«„,.>.,..„„ 626,000
imerioan afloat f 07 Europe,.. 508,000 ^15.000 889,000 f 3 1,000
773,696 1,005.253 891,374
Jnlted States BtooJt
-...^., 781,474
424.342 437.738 617,416
jjnlted States! nterior stocks. 674,374
47,515
36,325
48,713
34.867
inltad atateaoTpoFtB fio-day.
X'oeal ikmerloan...... ..
3,547,715 3,012,761 3,137,316 3,518,305
Saet Xndia%, Braaii, <ti
94,000
71,000
77.000
88,000
aT«rpoolBtook.....«i...»..„««,
7,000
9,000
13,000
10,000
umdoB stock
7,000
8.000
Manchester stock
'38,0(56
'33,0"cd
32.000
43 000
>on»uefti»ia&ooace,
.....
88,000
80,000 186,000 144.000
Edla »no»t lor F.urope . .......
50,000
60,000
39,000
43,000
8«ypJ,Br»all,At5.,ano»t
235 000 1 90.000 249,000
Jtoci In Alaiandrla, Egypt... 198,000
424 000 393,000
Itook In Bombay, India.. ...... 4 17,000 337,000
914.000
lotal JSast itiidla, *o.
„ 874 000 934.000 928,000
3,547.716 3,042.7513,137.316 3.518 3 05
Total Auie?lcan...,
4.421.715 3,976.751 4,063,316 4,482 805
TOtslTiBiblBBOpply
^^Iverpool fltook

..balsG.

Manchester stock........

.

15i«
IS's

MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
Spot Market
Closbd.

Stock at Bremen
403.000 407,000 239,000 220,000
Stock at Antwerp ........ ......
3,000
3,000
4.000
4,000
Stock at BCa^rre.... _...„...
151,000 187,000
161,000 226,000
Stoob at iS»irH®lUes.„., ...... ...
2,000
3,000
2,000
3.000
Stock at Saroelona... „„...„.
43,000
45,000
62,000
37,000
Stock at Genoa.... ...........
37,000
46,000
38,000
43.000
Stock at Trii«»te.i.»«.„ ~~.«.
2,000
2,000
2,000
3,000
Total Oonttnental stocks.
669,000 748,000 488,000 512.000
Total European stocks.. ..1,689, 000 1,454.000 1,177,000 1,659,000
88,000
India cotton «aoju!b Tor .eatope
80,000 186,000 144,000
Ajner. cotton *floAtf or K'rope. 608.000
616,000 589,000 534,000
60,000
43.000
60.000
Esypt, Bra2ill,Ae., afflD Jor E'pe
39,000
Stock in Alexandria, Egypt... 198.000 235,000 190,000 249.000
.^37,000
424,000 393,000
Stoolc in Bombay, India. ..«.«. 417,000
Stock in United ."itRtes porta.. 781,474 733,696 1,005,253 894,374
437,738 617,416
Stock in O. 8. mtojrlortiowna,. 674,374 424.342
47.515
48.713
36,325
United States '•xpoTtis to-day.
34,867
Total visible supply. ....4,421,715 3,976,781 4,063,316 4.432,805
01 the above, totals of AmerJ.oazi ano. other desoriptioitM are *a toUoyit:

•

Upland, Ll-^erpool..
eiddung Upland, New York..
Igypt Good Brown. .Liverpool

3 97d,

375
105

^•ruf Rou);h oond, Liverpool
Sioaoh riae, Liverpool.......

1030d.
4d

1,3^7
2,658
1,710

"Innwveiiv ©ood, LtverpooJ...

4ii6d-

Total.

635

6810

Cldailnsr

.

7116-1.

"'^""^
•32d.

15-500.
lO^ed.
9-75d.
758i.
7i«d.

•^•«fi'i
4-88a.
9-150.

^»"*^49i«d.
8 '40.

£3ied.
7*3od.

e-'ed.

4^d.

49,8<1.

408d.

4B8d.

7d.

Continental Imports past week have been 160,000 bales.
The above figures for 1905 show a decsrease from last week
of 156.902 bales, a gain of 444.964 bales over 1904 an excess of
058,399 bales over 1903 and a loss of 10,590 hales from 1902.

THE CHRONICLE.

606
At the Interior Towns

movement — that

is the
the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1903-04 is set out in detail below.

receipts for the

week and

the

since Sept.

1,

—

1=:

2.5»

CD

O

99
OS ri

o

'

EG

O
:

3
>
OB,

p
i^
b>-1»-

M

i^i^i^i^i^S"

V Vw

>«•
•

Pf

I*

i''^'^

1
•

cj-b^
a osb 05u>*k1f^ ooi—b'fooooo
OX>OOOC;>05-J0505<305*>-l(iWaO<lQDI>3»JC«;KICO~q*>.COOK.O»OtO
k: CO

«3

K-*

00.-C0>-C''O»»J05*l~<We0«O

"Vj'oo't-'

ooVj

>-"M

CO

h-

eo

o»

O"

'

,

l^tOOOC'i|f.O>t<J&.-h'Oi-l-'<l<10IMCC^]eOi^.N)C005tO

5

M

ta

to

tn05'

b
bb'
00

c»;c;>;

'-'t: CO w"iP>.

cob 1^-00

W '^j-'

P
tobccbbw* Vito"dco3<iV bb
J-"

tO^j-*

J-"

P","*

i"*

m

»5

OOOi-'-JCO

CO

-o3i-'<J^O>3'. MOlCOOl''

M
#" vj

CO Cn

tw
-J CO

*».

hi
M
O t9 CO 05 Or «>

6\

6%

6'8

7

6\

6%
6%
7ie
725
712
760

7

7-25

7-12
7-35

710
712

6\

Little Rook..

eifl

6^8

7-50

7
7

7

67«
615i8
6I4

7
7

7

t%

7
7

714

714

7-35
7-25
7-70

7-45
7-37
7 85

73,

75l3

7k

73,8

74

7ie
7i«
V«ie

7k
6i«

6I4

7^6
7k"

6V
7

7i«
73^
7J«

7iie

73,.
71l6

7J4

7k

64

698

New Orleans Option Market.—The highest, lowest and
closing quotations for leading options in the New Orleans
cotton market the past week have been as follows.
Sat'day,

Monday, Tuesday, Wed'day, Thursd'y Fnday,

Jan. 28.

Jan. 30.

Jan. 31.

_
6-68
6-73 -75 Nominal.

_

—

_

_

Feb. 2.

_

— —

_
_

Feb. 3.

—

^

_

—
_

_

6-96-13

6-75-91

6-79-06

6-88--89

7-64--05

700-15 7-1-2--28
701-02 7-21-22

6-?5-99

6-88-'16
7-13-*14

710--25
7-11-12

6-71--92
6 72--73

Range

..

6-65--73

6-7 6-98

Closing..

677--78

6-77-'78

6-74- 81
6-86--87

6-8.5-05
6-86--87

.

Feb. 1.

6-74- 02

6-57 -71
6-70- -

6-71--86

Closing..

May-

I

b^ioob

— c>)toCCTo©^if».i^acDcwc»;i^OCC<iaD®c»cow--icftaoc;i(0
totOM«ic;iif^cna>MWOi(^ooc;ic<ia^-i-'iF'<iif'050t5c;<w-jO
toco

7

7

Houston

Range

O W p

T'le
6i5,e

7

6'8

Maech—
M

613,«
688
678
658

7
7

St. Louis....

Closing..

;

6S9

6'^8

Jan'akyRan^e

to CD

e\

Memphis

tOOCCO«40DOWaDh-©CeWO~J»OOM«ait>'OtOtOQrtO®OD|^-<IX|^0>-

®

668

712

if'bi-'ip.i-'oiwbcjixloaicnb tooscoenrfkco bVi^'to*.
•jtKtotOi^
•»iCOc;>cootooiif>.0'Cciyioaoc'Ox03C>S'3oooco<itc0505QOi^ci50:i-'ttno
09

6%

I

I

QOXt-'i-'C/>i^-<jc-. Oi«<il^co«;ioo-sii^p-o;co<looc;iwif>.OW<i05<lil^c;iODa

t3

7

e-'e

closing quotations to-day (Friday) at other important
Southern markets were as follows.
Atlanta
Louisville
Natchez
738
7iie
C^s
Columbus, Ga.. 7
Montgomery.. 73]
Raleigh
ek
6S8
6'^8
Columbus, Miss
iNashvlUe......
Shreveport...,
e'is

35

co-aosooosiccovjoooto

a bVib'iP'-b''-' »J^ r-litcbb 0; H" b cxX:' oo^ b'— ^'Isbi'w yi

WlP'MOtt'OiOiO

Monday. Tuesday. Wed'day. Thursd'y Friday.

Sat'day.

Baltimore...
Philadelph'a
Augusta.....

MTPDUKO COTTON ON—

The

OWOt>-Oi>'05WCCOCO»-.*'l-'«l^~J050D0500aOC<305«<OC/3l— "lOWl^OS

QDOS»0<1CO

'

Boston

.IS

h:

If".

<»
II

or

CI

B
^ 5S
H
a
o
w

3.

.

o
B

OLOSINO QUOTATIONS FOR

Week ending
Galveston.
New Orleans
Mobile
Savannah...
Charleston
Wilmington.
Norfolk

* B C

S'

goScS

Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
Feb.

tug's

o

ae

Vol. lkxx.

7-10 27
7-21

683-84 7-00-01 699-00

July—
C6

>-•

« -* t0pipc;ipp Cep^ t*P^ — Mj-^^CCppV tOM^ tn^^OD to <1 CXj-4
#>*< #-b -jVi't -jlobrf^blobb oo^Vi Colo >-''*'"K;lo'toif»^
b'xblobb
—

^

.

August—

#.
«ia6<10WCO<lC!iOtROIlf.COXCO»0;r:CC^3-. C0lf^<ll-'C»C0,-OC»3C0
c:ffltoti'towy<tocowoocotc.cotoa;if:'3;tCT-wtOr-i-jca;^aco<io>xo

>»

cotctowMtoM ^ ^^y^?'^ Pi°T'S^
cop MM
^jo
to
o\o (o't*. oi oi H^ r^b cob wbTcTf'- CO Vj oib m <ib -^'^^'|-'^?' 0>b Tp'VjVj co

Range

Closing.,

CO

'

5,

-

6-97--38

701-02

— —

Range..

690-

Closing.

692-94

6-92--34

7-02-04 7-18--20 7-16-18

Firm.
Steady.

Steady.
Hteaay.

Firm.

Firm,

Firm.

Steady.

Steady.

Steady.

_.

_

..

_

7-21--36

730--31
7-34--36
7-34--38

--24

ONE—
Spot....
Options.

Firm.
Steady.

ODtOQCl^QOlOC'hOl-'OC^t^tJ'COOlXI-'lvC^OOlCOikitOOCQO.-QDCOi-'tOCWO

ii^vjococoif»to©waco©a.ai«aif'MMoo>-oiMQD<jcoMU'if>.c;icj>QDO
OS
If'

O MM M

^
00

it.

O «3 to O to 05 CO * CO

tobiM'I&.booVib«M''cob'ip>-'^b«M'r''M

lf»-

*. I-

If!.

ifk

M
01

to

M

to

O0!*»t0i-'

1^

Mloaotob<io"tob*>>b'to

cnoD^iOi^O<ii^acMQocooco05asQoQoaocoosocotoc;icocoOMawc;i
MtOOlf^COMMOStvXOlf^M»<U<lf^CCMMCO-4aseCOl^CO-^MCO»009tO'>)

The above totals show that the interior stocks have decreased during the week 22,2 4 bales, and are to-night 250,C32
bales v\ore than same period last year. The receipts at all the
towns have been 44,343 bales iess than same week last year.

Overland Movement for the Week and Since Sept. 1.—
give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Feb. 3 and since Sept. 1 in the last two years are as follows.

We

1904
February

3.

Week.

Shipped—
Via 8t. Lonls
Via
Via
Via
Via
Via

Rock Island
Louisville

Cincinnati
other roates,

Total j^rosB overland..........
Deduct shipments—
Overland to N. Y., Boston, &o..

Between

interior towns
Inland, &o., from Soutb

Total to be deducted.....

....

Week.

Since
Sept. 1.

340 6?4

15,297

13,020
5,941
152
7,446
1,432
8,927

38,093

824,178

36,918

778,346

6,901
2,138

223

107.025
9,318
28,635

2,928
2,669
3,692

45,055
22.314
31,015

9,262

144,978

9,289

98,384

860

&o

Since
Sept. 1.

1903-04.

320.980
207,871
32,927
58,433
39,615
166,352

12,599
6.395
1,343
1,599

Cairo

05.

198,874

P,511
55,372
23,143
148,822

Leaving total net overland'
28,831 679,200 27,629 679,962
Including movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 28.831 bales, against 27,629 bales for the
week in 190i, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 762 bales,
.

190405.

1903-04.

In Sight and Spinners'
Takings.

Week.

Eecelptfl at portu to Feb. 3
Net overland to Feb. 3.. .-...

Soutbern consumption Feb. 3

—

Total marketed

Since
Sept. 1.

Week.

Since
Sept 1.

140.223 6,641.427 153,60 > 6,111,676
28,831
679,200 27,6<;9 679.962
44,000 920,000 42,000 915,000

213,054 8,240,fi27 223.231 7.706,638
'22,:'04
612,714 '26,047 412,740

Interior stocks In excess

196.584
Came Into sight during week. 190,850
Total In sight Feb. 3
8,853',34i
8,119,378
North, spinners' tak'gs to Feb. 3
* Decrease during week.

Movement

Bales.

6

i'40,l.')5

7
8

148,492
191,023
238,683

9

24,589 1,343,441

51,007 1,522,081

,..

an inch. The thermometer has averaged 45, ranging from
30 to 60.
have had rain on four days during the
Taylor, Texas,—
week, the precipitation reachfag fifty-two hundredths of an
inch. The thermometer has ranged from 24 to 54, averag-

We

ing

29.

—

Paleatine, Texas. There has been lighl: rain on three days
of the week, the precipitation reaching 83 hundredths of an
inch. The thermometer has averaged 41, the highest being

54 and the lowest 28.

We

have had rain on two days durFort Worth, Texas.—
ing the week, the rainfall reaching twenty-two hundredths
of an inch. The thermometer has averaged 36, ranging

from

16 to 56.
Abilene, Texas,

during the week.
56, averaging 33.

—We have

had a trace of rain on one day

The thermometer has ranged from

10 to

Shreveport, Louisiana.— There has been rain on three days
during the wfek, the precipitation being one inch and fortyfive hnndredihs. The thermometer has ranged from 26 to 54,
averaging 40.
New Orleans, Louisiana. The week's rainfall has been
twenty-seven hundredths of an inch on one day. Average
thermometer 49, highest 77.
Columbus, Misalfsippi.— There has been no rain during tha
week, Average thermometer 30, highest 50, lowest 10.
Vickfiburg, Misaiesippi.—We have had rain on threa days
of the week, the rainfall boing one Inch and sixty-four hundredths. Sleet to-day. The thermometer has averaged 38,
ranging from 27 to 57.
Little Rock, Arkansaa.—Theve has b en rain on four days
of the past week, the precipitation l)3ing one inch and fortvThe
fcur hundredths, including five inches of snow to-day.
thermometer has averaged 32, highest bding 49 and low-

—

est 7.

into sight in previous years.

Week—
1903 Feb.
1902- Fob.
1901- Feb.
1900- Feb

.

Weather Reports by Teleoraph.— R-^sports to ns by
telegraph this evening Indicate that the weather has been
rather cold
at the South during the week. Rain hag fallen
in many localities, but the precipitation has been light in the
main, and in some sections there has been snow. The unfavorable weather has interfered with preparation of land.
Some correspondents report that the holding of cotton for
higher prices restricts the movement to market.
Oalveston, r^Tas.- There has been rain on three days durirg the week, to the extent of ninety hundredths of an Inch.
Average thermometer 50, highest 60, lowest 40.
Corpus Christi, Teoeas.—We have had rain on four days of
the past week, the precipitation being thirty-four hundredths
of an inch. Tne thermometer has averaged 53, the highest
being 70 and the lowest 38.
San Antonio, Texas,— There has been rain on two days of
the week, the precipitation reaching twenty hundredths of

Since Sept. l —
1902 03- Feb. «
lPCl-02— Fob. 7
180001-Feb. 8
1899-00- Feb. 9

Sales.

8,162.317
8,024,0^5
7.774,142
7,061,819

Helena, Arkansis.—'tio farming this week. It has rained
of the week, the precipitation reaching thirty-seven hundredths of an inch. The thermometer
has averaged 29, ranging from 9 to 44.
Memphis, Tennessee.— Bid weather and inclination to hold

and snowed on two days

Feb.

THE CHRONICLE.

1905,

4,

cotton interferes with marketing. There has been rain and
snow on three days during the week, the precipitation reaching one inch and fifty-one hundredths. The thermometer has
ranged from ir2 to 431, averaging 28 9.
have had ten inches of snow darNcshville, Tennessee.—
ing the week. Average thermometer 26, highest 46, low-

607

yarn and cloth is good. We give the prices for to-day below
and leave those for previous weeks of this and last year for
comparison.
1904-05.

We

32« Oop.

est 7.

Mobile, ^/obawMi.— Cotton is being marketed very slowly,
being gererally held for higher prices. There has been rain
on one dty during the week, the rainfall being one inch and

twelve hundredths. The thermometer has averaged 49, the
highest being 57 and the lowest 33.

M<mtgomery, 4ia&awa.— Unseasonably cold; plowing interrupted. We have had rain on one day of the week, the
precipitation reaching twenty -two hundredths of an inch. The
thermometer has ranged from 21 to 55, averaging 43.
Selma, Alabama.— Dcy all the week. The thermometer
has ranged from 25 to 55, averaging 40.
Augusta, Georgia.— Sstlea of cotton Increasing, It has
rained on one day of the week, the precipitation being one
hundredth of an inch. The thermometer has ranged from
19 to 59, averaging 42.

Savannah, Oeorgia.— There has been rain on three days
during the week, the rainfall being twenty- five hundredths
of an inch. The thermometer has averaged 47, the highest
being 68 and the lowest 24.
Charleston, South Oarolina.— It has rained on one day of
the week, to the extent of six hundredths of an inch. The
thermometer has averaged 44, the highest being 66 and the
lowest 24,
Stateburg,

South Carolina. —The weather continues cold
and farm work progresses slowly. There has been light rain
on one day of the week, the raiofall being four hundredths
of an inch.
The thermometer has averaged 41, ranging from
18 10 57.

We

Cfreemvood, South Carolina.—
have had no rain during
the wf'fck. The thermometer has averaged 35, the highest
being 4^ and the lowest 25.

Census Eureau Eeport on Cotton Ginned Prior to
Jan. 16.— The Census Office made public on Feb. 1 a second
preliminary report of the quantity of cotton ginned in the
United States to January 16. The report included returns
from C95 out of a total of 812 cotton-producing counties, in
which 9,803,020 running bales had been ginned from the
opening of the season down to Jan. 16, against 7,419,690 running bales in the like period of 1903-04. Counting round
bales as half bales, this year's total reaches 9,717,693 balep,
against 7,168,881 bales last year. It is further stated that
477 ginners refused to give information and that no effort
has betn made to estimate the amount ginned by these ginners, but that the quantity last reported by them (134,111
running bales) has been carried forward in this report.

Movement prom all Ports.— The receipts
Bombay and the shipments from all India ports

India Cotton
of cotton at

for the week ending Feb. 2 and for the season
to Feb, 2 for three years have been as follows.
1904-05.
Beeeiptt

at—

Since

Week.

Bombay

1903-04.

79.000

889.000

Qreat
Britain.

Sept. 1.

834.000

87.000

806.000

Since September

For the Week.
Mxports
trhm -

Great

Oontinent.

Total.

3.000
72,000
27,000

3,000
75,000
28,000

1

Since

Week.

Sept. 1.

93.000

Sept.

1902-03.

Since

Week.

Sept. 1.

from

Oontir
nent.

Britain.

1.

Total.

Bombay—
1904-05..

190304..
1902-03..
Oaloatta 1904-05..
1903 04..

3,000
1,000

1902 03..

Madras—
1904 05..
1903-04..

190203..
others—

All

1901-05..

1903 04..
1902-03..
Total all—
1904-05
1903-04.
1902-03.

3,000
1,000

Alexa ndria

3,000
72,000
27,000

Receipts

3,000
75,000
28,000

86,000
231,000
224,0l;0

95,000
248,000
235,000

1,000
2,000

9,000
8,000
13,000

9,000
9,000
15,000

2,0C0
6,C00
2,000

12,000
20,C00
7,000

14,000
26.000
9,000

4,C00
3,0C0
13,000

40,000
40,000
29,000

44,000
43,000
42,000

9,000
17,0D0
11,000

15,000
27,000
28.000

147.000
299,000

162.000
326,000
301,000

•<i73,000

and Shipments of Cotton.—

Alexandria, Egypt,

February

1.

1904-05.

1903-04.

140,000
4,312.544

5,302,754

1902-03.

8M

s.

7% ©SVi
7i« w«
7%

Jan. 6
" 13
'(t)^
" 20 7
rt*
" 27 6i5|gi^77g
Feb. 3 6i5jg®778

d.

Exports

This
Since
week. Sept. 1.

(balea)-

To Liverpool
.,
To Manofieeter.'.I'"
To Ciontliient
To America
Ig^gLgggggt

B.

*

A oantarlsWlbB^

200,000
This
Since
week. Sept. 1.

5,750 134.795 10,500 152,^01
6,000 77,778
8.750 87,329
4,500 159.988
P,250ll81,.'>13
1,750 36,759
2,000: 33,877

170,000
5,093.183
I

Since
This
week. Sept. 1.

5,55S 146.768
4,604 101,394
4,677 176,767
93
56.108

Twist.

lipids
d.

a,

3 11i3'97

I

4 0>aa7
3 11 f 6 11
3 11 ' 6 10
3 10 1. 6 9
3 10 ®6 9

d.

d.

3-77 9^9

379
3 80
3 81

93^1

9%

to

d.

®10

8.

d.

6

1

d.

a.

9

6
6

3

6

9
-aiS 11
-a 9
3

3-97 10>«»lli« 6

6

'39

36S

d.

696
706

9

-as

1 ®8
iiflas

a 10 6
'CDIO^ 6

lipids

fines !.

7-50
1

8

00

8 52
7*82

3

—

Shipping News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 177,828 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
Total bale*.
Liverpool, per steamers Battle, 3,621.. ..Victorian, 790
4,411
To Havre, per steamers Ceylon, 245
La Champagne, 50
upland and 90 Sea Island
385
To Dunkirk, per steamer Ceylon, 100
100
To Bremen, per steamer Brandenburg, 1.510
1,510

Nkw Yobk—To

To
To
To
To
To

Hamburg, per steamer Pennsylvania, ICO

100
Rotterdam, per steamer Wearslde. 448
448
Antwerp, per steamer British Empire, 792
792
Christiana, per steamer Kentucky, 100
100
Genoa, per steamers Koenigen Luise, 8i.9
Llgoria,
100....PrlnzO8kar, 1.235
2,184
To Naples, rer steamer Koenigen Lulse, 192
192
To Trieste, per steamer Giulla, 935
935
To Venice, per steamer Giulla. 150
150
To Flume, per steamer Ultonia, 100
100
New Oblbanb-To Liverpool— Feb. 1— Steamer Matador, 6,347
...Feb. 3-Steamer Comedian, 10,000
16,347
To Glasgow- Jan. 27— Steamer Basuta, 1,457
1,457
To Havre- Jan. 28 -Steamer Syria, 2,402
2.402
To Dunkirk- Feb. 3— Steamer Stanfleld. 700
700
To Marseilles Jan. 31— Steamer Eros, 100
100
To Bremen -Jan. 31— Steamer British Prince, 9,888
Feb. 2-Steamer Irli-hman. 23.000
32,883
To Hamburg Jan. 28 Steamer Syria, 1,216
Jan. 30 —
Steamer Volage, 250
Jan. 31— Steamer Captain W.
Met zell, 1,005
Feb. l-Steamer Duart, 77
2,573
To Rotterdam— Jan. 30— Steamer Llangollen. 563
563
To Barcelona -Jan, 81— Steamer Italia, 4,' 0J....Feb. 1—
Steamer Miguel M. Plnillos, 5,600....
9,600
To Genoa -Jan. 31- Steamer Italia, 10,000
Feb. 3Steamer Cymbellne, 3.757
13,757
To Trieste- Jan. 31— Steamer Eros, 2,400
2,4C0
To Flume- Jan. 31-8teamer Eros, 499
499
To Venice Feb. 3 Steamer Oymbe:ine, 3,400
3,409
To Mexico -Jan. 28-8teamer Norheim, 834
834
OALVESToir— To Manchester— Jan. 28 Steamer Mercedes de
Larrlnaga, 4,845
4,845
To DuDblrk— Jan. 27— Steamer Stanfleld, 518
51S
To Hamburg- Jan. 27~8teamer8 Inohmaree, 2,148; ManJan. 31 Steamer Appledore,
chester Inventor, 1,200
1,628 ...Feb. 2— Steamer Coaladon, 1,150
6,126
To Antwerp -Jan. 27 Steamer Thurland Caatle, 2,153
2,153
480
To Mexico- Jan. 30- Steamer Galveston. 480
Fort Arthur—To Ltverpool-Jan. 27 -8tr. Waverley, 3,953.. 3.958
MOBILK—To Bremen— Feb. 2— Steamer Aehanti. 9,382
9,382
PEKSAOOLA— To Liverpool— Jan 31— Steamer Ernesto, 5,500... 5,500
To Genoa- Jan. 28 -Steamer Planet Mars, 3,245
3,245
SAVANNAH-To Bremen, etc Feb. 2— steamer Roland, 6,530. .. 6,530
To Barcelona- Jan. 28 -Steamer Clara, 5.990
6,990
To Trieste -Jan. 21— Steamer Clara. 100
100
200
To Flume-Jau. 28— Steamer Clara, 200
BBCN8WI0K—To Liverpool- Jan, 30-Str. British Trader, 3,918 3,918
Ohablbston— To Bremen—Jan. 30— Str. Manulagtry, 6,976. .. 6,978
BOSTON-To Liverpool- Jan. 31— Steamers Iverula, 3,540;
5,75C
Sachem, 1.715.... Feb. 1 Steamer Devonian, 501
1,362
To Genoa -Jan. 27— Steamer Romaaio, 1,362
Baltimobb—To Liverpool -Jan. 29 -Str. Templemore, 1,434.. 1,484
To Bremen -Jan. 26 -Steamer Darmstadt, i48....Feb. 1—
448
Steamer Qera, 300
f 56
PHlLADEiiPHiA-To Liverpool— Jan. 27— Str. Frlesland. 856
SAN Framoisoo—To Japan— Jan. 23 Steamer Manchuria,
9,074
8,083....Feb.2-Steamer Doric, 991
177.828

Total

LiVBEPOOL.— By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
1

Jan. 13.
Sales of the

week

bales.

Of which exporters took.
Of which speoulators took.
Sales American.....

Actual export

Forwarded
Total stock— Estimated

Of which American-Est'd.
Total import of the week
Of which American

Amount

afloat

Of which American....

82,000
6,C00
6,000
80,000
16,000
79,000
929,000
862,000
151,000
138,000
301,000
250.000

Jan. 20.
64,000
8,000
3,000
49,000
13,000
92 000
938,000
868,C00
116,000
93,000
306,000
258,000

Jan. 27

Feb. 3,

60,000
5,000
7,000
57,000
15,000
86,000
960.000
883;O0O
122,000
102,000
211,000
207.000

59,000
4,00C
8,000
67,000
15,00C
66.000

940,000
861,000
82,000
65,000
304,000
256.00C

The tone of the Liverpool market for spots and futures
each day of the week ending Feb. 3 and the daily closing
prices of spot cotton, have been as follows.

Be^pts (oantarb*)—
This week..
Since Sept. 1...".'"*"

9Hlbs. Shirt-\ Oott'n
32» Oop. mgs. common] Mid.

Oott'n

common Mid.

to finest.

d.

d.

Dc.30

lbs. Snirt-

ings,

Twist.

1903-04.

Spot.

Sat'day.

Market, {
12:30 p. M.^

Firmer.

Mid. Upl'dB.
Sales
Bpeo.

Si

exp.

Monday. Tuesday. Wed' day. Thursd'y Friday.
Fair
Fair
business Moderate
demand. bnslness
doing.
doing.

Fair
business
doing.

Good
demand.

3 75

377

3-78

3 83

392

3-97

7,000
1,000

10.000
2,000

8 000
1,000

10.000
2,000

12 000
2,000

12.000
4.000

Qnlet at

Qnlet at

i

18,000
4 09.320 "30.50o!454.919 15.770 480 037
"
"

Manchester Market.- Our report received by cable
w-mgtit from Manchester states that the market continues
steaay for both yarns and shirtings. Tte
demand for oth
\

Futures.

Market
opened.

Market,
4 p. M.

1&3

\

pti.

advance.

\

5 pts.

advance.

Br'lysfdy Sreadj
\

\

1

pt. de. to
I pt. adv.

8a9

at
pts.

ad'auoe.

unlet St steady

ai

Steady

4 pts.

8 pts.

decline.

advance.

advance.

Steady

2im

at
pts.

decline.

rirm.
nncb. to
pt. adv.

at

6 pts.

1

Qnletat Steady at Steady at
lez pts. 11®13 pts. &^6 ptt.
adranoe.

advance.

1

tdvance.

THE CHRONICLE.

G08

TJae prices ot futures at Liiverpool tor eacti day are given
Prices are on the basis of Uplands, Good Ordinary
clause, unless otherwise stated,

below.

Sat.
nion.
Jan. 28. Jan. 80.

Tnes.

Tbnrs.

TTed.

Jan. 31

Feb.

Feb. 2.

1.

FrI.

1

d.

d.

3

.
.

d

d.

d.

61 3 59 3 63
^ 61 3 £9 3 63
Jan.-Feb
3 62 361 3 e.'s
Feb. -M oh
Mch.Aprll. S68 3 t6 3 70
3 71 3 70 3 74
April May
May- Jane.. 3 74 3 73 3 77
Jane- Imy. 3 77 3 76 .^80
3 79 3 78 3 82
Jnly-Auf?
381 3 80 3 84
AuR.-Sppt
Sept -Oct.. 3 83 3 82 3 86
Oot.-Nov... 3 84 3 83 3 88
Nov.-Dec. .. 3 86 3 84 3 89

January

d.

d.

d.

3 68 3 64
3 68 3 64 3 6b

Feb. 3

69 3

3 69 3 64 3 66
3 74 3 69 S-Jl

693

3 78 3 73 3 7.'='
881 3 76 3 78
3 84 3 79 3 81
3 86 381 3 8:-'
3 88 3 83 S8f
3 8t
3 90
3 92 3 86 3 88
S93 3 87 3 89

7813
Rll3

74 3

343
86 3
88
90
91
92

3
3
3
3

d.

d.

904

78
78
83

80

87

89

80
8ft

90 92
93 94
95 f6
S6 97
98 99
99 4 00
00 4 01

83
83
89
92
95
96
99
01
03
04
05

3 86
3 86
3 91
3

94

3 97
3 99

4
4
4
4

Vol. lxxx.

DAILT 0LO8INO PBIOES OF NO. 2 MIXED OATS IN CHICAGO.
Sat.
Th-it-rt.
Mon. Tuet.
Wed.
Frx.

May

30%

SOas

July

3013

S0>fl

delivery In elev
del) Tery In elev
Sept. delivery in elev

3008
3038

sole
297g

3038
301«

28%

28ifl

28!>8

3038
sole
28S»

Following are the closing quotations:

1219 4 I210 4 12i« 4 124 4 12it 4
P.M. r. M. p. M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.

124

I

01

03
04
05
4 06

FLOUB.
Nominal.
Patent, winter
$5
Snperflne
City mills, patent. 6
$3 76 a4 00
Extra, No. 2
4 05 'a>4 10
Rye flour, superfine 4
Extra, No. 1
4 15 'a>4 25
Buck wheat flour.. 1
Ulears
425 '»4 55
Corn mealStralghte
5 35 as 60
Western, etc
2
Patent, spring
5 »0 96 85
Brandywlne
2
OBAIH.
WTieat, per bush—
0.
0.
Com, per bush—
N. DuL.No.l
Western mixed..
1.0.b.l27
N. Dul., No. 2
f.o.b.l20ifl
No. 2 mixed
Red winter. No. 2.. f.o.b.l22
No. 2 yellow
Hard winter. No. 2. f.o.b.Nom.
No. 2 white
^ats— Mixed, p. bush. 36 '8136'fl Rye, per bushS6I4940
White
Western
No. 2 mixed
Nominal.
State and Jersey.
No. 3 white....
Nominal.
Barley— West
Fine...

Fbidat, Feb. 3, 1905.
business
been
transacted, but it has
has
A fair volume of
been at prices more favorable to buyers. Early In the week
there was some cutting of values, especially in spring patents. This served to attract buyers, who placed orders for
fairly good lines. A fair export business has been transacted
by the Northwestern and local mills in bonded spring-wheat
The close of the market was steady. Rye flour has
flours.
had a limited sale at steady prices. Buckwheat fl mr has
been quiet and unchanged. Corn meal has sold slowly and
prices have been easier.
Speculation in wheat for future delivery has been on a limited gcale only, but there has been m good undertone to the
market and prices have made a moderate advance. Early in
the week a reduction in the estimates of the exportable surplus of wbeat of both Argentina and Australia favorably influenced values. Statistical developments were about as

10

•»2

70 ©2 85
90 92 95
0.

e.

955%

49
t.

t.

f.

0.

b..56%

o.b.Nom
o.b.Nom

989

82

Nominal

963
42%944i«

46

Feedintf

BREADSTUFFS.

®5 90
©6 75
»5 00

85
25
35
95

Exports of Grain and Flour from Faclflc Ports.—The
exports of grain and flour from Pacific ports for the week
ending Feb. 2, as received bv telegraph, have been as follows:
From San Francisco to United Kingdom, 82,000 bushels
wheat and 99,(100 bushels barley, to various South Pacific
ports, 3.872 bbls. flour, 450 bushels wheat and 70 bu?hels oats.
From Puget Sound for various Pacific ports, 5,154 bbls. flour,
2,524 bushels wheat and 3,184 bushels oats.
Combining these figures with those tor previous weeks, we
Qave the following, which covers the exports to foreign
countries for the period since July 1, 1904, comparison being
made with the corresponding period of 1903-04,
tizportt
Flour,
Wheat,
Corn,
oati.
Barley,
Bye*
from—

520,547
E»nget8'd. 806,898
Portland.. 414,536
Total.. -.1,740

buth.
91,R83
23,383

bush.
1.61*.l71
1,387,075
1,483,760

bblt,

dan Fran.

buth.

981 4,485,006 115,266

buth'

buth.

98,C73
115,648
a

2,888,782
124,050
429,606

214,?29
257.4*1

3,437,438
7,294,620

854
S94
..

1,248

707
expected and had comparatively little effect. Foreign marThe movement of breadstnffs to market as indicated in th9
kets have held about steady, but the course of values ia foreign markets has less irfluence than usual upon the American itatemants below ia prepared by us from figures collected
market due to the fact that with this seseoa's small crop the by the New York Produce Exchange. The receipts at
American producer is largely independent of the export de- Western lake and river ports for the week ending Jan. 28
mand, having only small surplus to be shipped abroad. The and since Aug. 1, for each of the last three years have been:
total exports of wheat at Atlantic and Paciflo ports so far this
meur.
Whtat,
Com.
Oatt.
Barl$)i,
Bvi.
season, it was pointed out, were 37,707,000 bughels, against BeceipU at—
109,347,000 bushels same period last year. Cold weather has
Bbi<.lU612>« ButKOOifif Buth.56(bi Buih.32lb, Buth.iS lbs JSu.se Ibt.
1C0,248
been reported from the interior, bat the winter-wheat crop, Ctaloaeo
2,160.900
605.630
924.600
425.46S
21,013
80,925
143.600
11»,60C
Sdllwaokee..
87,120
316.350
11.300
it is undeistcod, has had a fairly good snow covering and as
283.057
59,789
4,570
77
a rule is reported in a promising condition, exclusive of the Dnlnth
1.842,510
143.823
816.30<
248,580
19,600
State of Indiana and Illinois, where there have been indica- Mtnneapolii.
291.000
120,900
21.000
7,600
tions of some damage. During the latter part of the week Toledo
68.600
2,500
47.700
3.200
Detroit
reports of a good demand from millers in the Northwestern
447.568
17,105
4,539
85,990
•• *••
markets for cash wheat, and smaller receipts, had a strength- Cleveland ...
192.710
286,860
298,350
48.000
34,300
St. Lonli
54,EQ0
ening t fleet upon values. The spot market has baen firmer
a7d,000
20.000
169,001
72,100
11.230
Peoria
9,900
but quiet. To-day the market was firmer for the distant deliv- Eantas Oltr190,800
97.200
2S4 000
eries on the cold-weather reports from the West.
The spot
rot. '03-4.2.138.851

26.872

5.239.467

—

market was quiet and

Tot.wk. 1805

slightly easier.

NBW YORK

DATLT CL08IM0 PRI0B8OF WHEAT FUTUBEB HI
Sat.
Mon.
Tuet.
Wed.
No.2redwlnter, f.o. b... 1209J 121^ 122i« 122i6

May

delivery In elev

July aellvery in elev
Sept. deUv. in elev

llf^
102%

96
DAILT OIOBIHG PBIOBS OF

May

deUv. In elev

July

(leilv. !M

mev

Sept. deUvery In elev....

116%

116ifl

II6I8

IO314
S6»4

103»4
9638

103

WHEAT FUTUBES
Mon.

Tuet.

Sat.
liS'^s

lie'%

lie'^e

98%

99^

99H

93i8

9208

93»«

96i8

IN

Thurt.
Fri.
ISasg 122
11658 ll6
lOSSe 104ie
96»«
9688

OHIO AGO.

Wed.
llti«

99
93

Thur$.
tri
lie^g
11634
9903 lOttie
96ifl
93>«

Indian corn futures have been quiet. The tone of the
market has held steady. Only small fractional flactuations
have occurred in prices, and for the week they show practiEarly in the week there was a slight yieldcally no change.
ing of values, due to an expected free movement of the crop.
Subsequently the slight loss was recovered. The feature of
the week nas been the continued free buying by exporters
for shipments via Gulf ports freight rates are nnderetood to
be demoralizfd and at the lowest point touched in years.
There also have been moderate export oales for shipment via
New York. The cold weather in the West is reported as improving the grading of corn. To-day the market was quiet
but steady for both lutures and spots.
DAILT OLOBIMO PBICEB OF NO. 2 MIXED OORM IN NBIVT YORK.
Tuet.
Wed. Thura.
Mon.
Frx
Bat.
54%
84%
64%
65
55
Oaehcomf. o. b
55%
60V*
50
50»4
50 1«
50
May delivery In elev
60%
;

60»4
SOSa
Jnly dellv. In elev
DAILY OLO8INO PBIOBB OF NO. 2 MIXBD OOKN IN OHIO A GO.
Sat.

Mav

delivery In elev
July delivery In elev
Bept. dellverv In elev

45
4538
45''8

Since Aug.l.
10C4-5
1903.4

253,881 "1^93,768
8.242.0»S
270,650

4."o"ie,898

"2^39.429

1,114.583

3,859,648

1,128.749

94,890
130 819

269.608

6,373,466

3,831.99^
4,768,09t

1,577,783

178,864

4,187,211

9.789,7.38 149,938,397 09,951,413 93,971,830 18.30S,039 5,017,091
11.229.0?9 159.929.992 94,439,532 92.879.5 i2 46.064,98^ 5,029,930
11.5P6I93 188,214.074 77.910.285 107,401.080 39.871.905 7,043.868

908-3

The receipts of Bour and grain at the seaboard ports
week ended Jan. 28, 1905, follow:

for

the

OStI,
Receivti

New

kH»

at—

York. .......".^

Boston..
Portland. Me
Philadelphia

.*.
»,.

."t9

.

Total week.......

»Mk

kn*h.

89,788
23.217
1,395

...«>..«
Baltimore
........
RlChmorKl
Newport News... .^..
New Orleans
OalTentoa.
Norfolk
Montreal
Mobile
St. John, N. B,

646.136

86.325
1,890

972

50.445
8.660
83,388
9.»aV

80.3.855

41J.OOO

158

15,117
44.173
28.700

185,548

6.479
1.250
1.917

846.491

259,178

104.400
1.146

"a,o«6

7i!7

4W8,l-fl

24,504
871.828
1,72H. 142
119.700
3,400
zS.OdO
18,193
45,863
4.4»t
40,883
22.670

.....

848.000
78.486

3.999.977

83.868
47.144
88,158

1,176
8,477

'si'.ooo

'uVs'sa
2.V50

22.050

"8,833
583.288

185.029

11,698

41.171
686,583
72,62tf
ii»2.895
btj0,414 2,108,877
Week 1901
Jan.
compare
au
at
to
28
from
Jku.
l
ports
SQt»l reoelpta
foSlows for four years:

of-

Beeeiptt

bbls.

jTour

1005.
1,079.749

..bnsb. ~l,eH8.971
16,467.078

WHeat.

Com

..,

Oats ..
Barley

aye

...

1904.
I,7)i0.919

2.611,887

7,385.419
7.H47.H57
3.0^7,ail

esa,:i9n

478.ii8e

61862

194.810

1908

1903.
1,834.867

2,089,786

9.071 623
ii.fiwa. '70

4,280,437
801.307
2;7,583

"7,888.057
1,883,408
4,316,132
a74,«»7
62,148

"
38.003.020
14.821,072
18.730.489
21.405.170
Mon Tue». Wed. Thurt. Fri.
44''8
4453
44'8
44^9
44%
The oxporti from iat mevaral seaboard poricn toi tua weete
45'8
4^!%
4538
45H
shown In the annexed atatemeaS:
45>«
45%
45%
45%
45% ending Jan, 23, 1905, are
Oatt.
ftMC
Barley,
kwak.
bufh.
bbli.
the Western markets have been
»UtM
kwi^.
JBovtrtf /ro»-.~ ku(h.

Totalaraln

4..'i:i8

A

Nom.
Nom.

dame wk. '04.
Same wk. '03.

,

Oats for future delivy at
quiet and there has been a slightly easier turn to values.
prominent speculative bolder has been reported a seller to
liquidate hie account, and under these offering.^ the market
has yielded. Locally the spot market has been moderately
active at about steady prices. Today the market held
steady.
DAILT OLOBIHO PBIOXB OF OAT8 IN NE^T YORK.
Wed. TKurx. Fri.
Mon. Tuet.
gat.
No. 2 mixed In elev
No. 2 white in elev

• •

Nona.

Nom.

Nom.
Nom.

Nora.

Norn.

ZG

Nom.

Nom.
Nom.

Haw Tork..
{•ortiaaa.

..

Me.

40.000
...

SOfton

htlBdelpbU
!»)tii)nor«

•Sw.rrlN«w
Orleans

Hobtia
4t.Jotin.

N.B.

l,3»6

15<,4H8
88,570

10,Mi7
10.500
26.061

M2^55?
687.571

JdlTMton
40.038

80.033
Total weak..
Bamatlma'C4. 944,976

88.331

i,'^8.'.a7

^^.^-^Xl
25.100
871,^28

forfolk
ll4W

668.4<14

.i'*

22,670

4,138,479
1,409.HU^

27,985

234

"i!260

8,230

SB
••••

1.917

3iej,U04

4.300

861

'83.«33
3.8U8

187,880

6o'|299

"30.469
80.857

8,833

•••••••

~~

68,682

5.9'

85,411

18,821

38,000

1

Feb.

THE CHRONICLE.

1905.

4,

|

Ihe destinatloa of theie exports for
Jaly

1,

ttae

week and

-«

——0$rn,

1904, is as below:

^

WsBt liidias..>«>
»?. K.Am. Colo's

Wkft,

Wtek

hbU

I,

brtan.
60,033

1.876.«82
783.807

With ainte Juli

aintt Julv

Jan, 28

l.lOOi.

1904.

7.B39.350

9J1,U76
8,3dO

S8rt.775

30.033
91i.875

1. 1804,

},a43.U0

15.7!16.8<3

hath.

53,411

"a,U8

42816

8.517,100
50,309.37a

4,183 479

3a.?53,100
35,817,477

057
187,380 3,874631
8ia.«06 10,lb0.3»8

Jan. 28.
huth

2,129,5dl 15,534.«z«
15,941
163,811
37.359
83^,534
11«.451

618.803
64.143

25.079
1,1»0

9tli«r •oiiBtrtai

mota)
Total 1808 04....

^

-.

flavr.

Mapartt ftr
tH$k ftndi tint* Jan. 28.
hhii
July 1 19—
auitad Kingdon 83,502
4,6E6
•^
Ooatlnant
A 0. Am«rla»>

since

l,40tf,8d2

visible supply of grain, comprising the stocks in
granary at the principal point« of accamnlation at lake and
iMboard ports, Jan. 28, 1905, was as follows:
StfJS,
OaU,
oarn,
j'»«(!»
!>««(«
kouH
In itor$ at—

The

5,..

New rorfc..... ....
Do aflOBk...

1.500.300

893,000

.

688,0d6

.^

276,obo

27 000

"JSi.OOO

Baltimore....,
New Orleaai....,^.^

79S,000

l.OSJ.OOO

QaiTertou

^,^

aftOBtreal

^.,^

130 000
66 000

SUO.OOO
56,000

16.000
8,470,000
l,590.t00

8,000

Boaton

PUUdeiphla

Voionto...

,....

isvflalo

Do afloat
Do afloat.....
Detroit
Do afloat....
(jaiaaco...
Do afloat...o

Toledo

Mllwgnkae

oo

433,000

268.000

8 1,000
90.000

116,000

4.00.T

170 00
140.000
586,000

713.000

3d4,0(JO

73J.000
45.000
12,000

'86,000

68,(100

18,000

1,611,000

2,995.000

3,678 000

361,00'ti

»89.00d

1,646,000
247,a00

'

3,000,000
476,000
8.000
*

17,000
12,000

383',6o(i

2a,oo6

38,000

3,971,000

175,000

392,000

88,000
148,000

5,238,000
95i!,000

£0,000
7,000

1,181,000
21,000

405,000
1,347.000
187.000

23,000
i,Ojo

3.OO0

i8,88S,000
19,351,0t0
&,446,000
4,03).000
4.631,000

1,903,000
1,988.000
1,190.000
995.000
2,103,000

5,0O'>.000

309,000

8,240 ode
J,520,00O
4,002.000

249,000

14.f04,000
8,038,000

466,000
177,000
199.000

11.88^000

afloat

Mumeapoiii
Bt.LoBii

Do

a,';

429,000
143.OO0
140.000

148.000

aaoat....

Fort WUllam
Port Artknr
Dalath

Do

1,073.100
77,000

afloat ..»-

KaniaiOlty

1,473,000

Peoria

<
Indlanasolli
OS Mlailialppl Blrer

29i,'d66

9aLakeii

oseanalandrlTer
Total
Total
Total
Total
Total

Jan.
Jan.
Jan.
Jan.
Feb.

28.
21.
80.
31,

1906. 39.387,000
1905 ..89 3ia.000
1904. 89.780,000
1903... 48.447,000

1. 1902...57.9i59.00t)

11,512.000
7,lHO,000
8.290,000
11,632.000

5.911.000
4,8SH,O(>0

2,817. OQC
2,120.000

THE DRY GOODS TRADE.
Nkw

York, Fbiday, P. M., February

609

demand

for heavy brown drills and sheetings is slow ; buyers
report no improvement in the making of deliveries and still
find it diflBoult to obtain quickly the goods of which they are
Light-weights continue quiet, and if buyers were
in need.
willing to commit themselves it is probable that concessloLs
would be granted. There have been some sales of 3-yard
sheetings during the week for export to China and buyers
have bad to pay fuil prices for the particular lines for which
they stipulated. It is calculated that there are still nearly
2JO,O0O bales on the way to, and on order for, the Chinese
market, so that buyers are well covered for the time being
without adding to their purchases. Bleached goods continue
in very small supply and are firmly held. Low counts are
otill in sm«*ll supply.
Sheets and pillow cases are in small
demand and quiet. Kid-finished cambrics have been rather
more irquired for. Canton flannels generally show a reduction of aoout 15 percent from last year's prices and have been
taken in fair qoantities. There is an entire absence of speculation in staple and fancy prints, and prices are unchanged.
Staple and fine grades of ginghams move slowly at recent
figures.
In print cloths there is a better demand for wide
goods at recent prices but narrow goods are easier with little
doing. Regulars are still quoted at 2%a.

Woolen Goods.—The withdrawal of certain lines of
jnen'd-wear heavy-weight woolen and worsted goods foreshadows the concluaion of initial business in these, and on
the whole both buyers and sellers are satisfied with tbe season eo far as it has gone. Some of the higher grades remain
still to be open^-d, but a large number of orders has already
been placed. Prices have followed the course that had generally been expected, and those wno purchased freely at the
openings, when prices were comparatively low, find nothing to
complain of. Sellers who were inclined to think that goods
had been over- bought are now changing their opinion, and
whereas they felt that much of this speculative business
might be canceled later on, they are now inclined to the opposite view. The low prices at which the higher grades were
opened was somewhat of a surprise, and it is possible that
many may revise their orders, canceling soma of their lowgrade purchases and sabstituting the better grades. This,
however, can only result in a more equal distribution of
business. Dress goods are fairly active but the majority of
lines are still to be opened and the market cannot, therefore,
yet be said to be fully under way.
Foreign Dey Goods.—There has so far been little doing
imported woolen and worsted dress goods, bnt the prospects continue bright. Silks continue firm. Ribbons are

3, 1905.

in

Unfavorable conditions in the jobbing trade have exerted
an adverse iuflaence on the cotton goads market during the firmly held but buyers are rather holding off. Linens show
past week and buyers are content to still further reduce their continued improvement, with a good demand for dress goods.
stocks before operating to any extent in the primary market. Burlaps are steady and unchanged.
The result has been a very small volume of business trans- Importatlona and ^n^areltoase IVltbdrawrala of Dry Good*
Thelmportationsand warehouse withdrawalsof dry goods
acted, but what orders have been placed have bean at full
this port for the week ending Feb. 2, 1905, and since
at
prices. On the whole the market is firm, but it is possible
January 1, 1905, and for the oorresponding periods of last
that if buyers were willing to increase the size of their orders year are as follows:
On certain
sellers might be willing to grant concessions.
m
g
Si
S
s
S
S
S"

would be impossible owing

to the scarcity of supothers
that
have
been
in such good demand
plies, but on
not
somewhat cheaper prices might be made. There is no great

g
?

by reducing
they have on
hand was for the most part purchased at considerably higher
prices than those ruling today, and as long as the market
Dureugs its present course they will be able to work this off
at remunerative rates, although slowly. Bayers are as firmly
convinced as ever that they will be able to purchase more
cheaply later on and are apparently willing to wait until the
cotton market assumes a more normal condition before placing their orders with any greater freedom. In the woolengoods division certain lines of men's-wear heavy-weight fabrics have been withdrawn from the market and business
continues active.

a

lines this

desire on the part of sellers to force business
prices, for the reason that the raw material that

Domestic Cotton Goods.—The exports of cotton goods
from this part for the week ending Jan. 30 were 4,080
packages, valued at |234,65i, their destination being to the
points specified in the tables below
1905.

Kbw Yobk to Jan. 30.

Week. Since Jan,

Qceat Britain
Other Earopean.

23
4

90
41

976

6,415
2.472

Otalna

India

Arabia

137
259

Africa
West Indies

702

Mexico
Central America.

Bonth America...
Other CJountrles..
Total.

The value

21

149

144

1,376
5,480
1,341

2,073

134
4,080

of these

2,800

20,060

1.

6,262
2,148
4,326
1.135
1.684

1.494
1,600

ao
414
50
246
447
241

127
1.497
3,615

728
21,693

9,569

New York exports since Jan.

1.

22
148

8

1

B

s

•

•

I

s

Si

I

:

f
1

i;

o.
et-.

.

s

':

i

has been

11,209,616 in 1905, against $1,096,200 in 1904.
Both tichs and denims have been reduced during the week
in response to the urgent demands of buyers, but so far this
has failed to icflu'^nce business to any great extent. Soms
orders have been placed for future delivery, bnt purchH-«'-8
are mostly confined to small lots for quick shipment. Othe;
coarse, colored cottons are slightly irregular and quiet. Tae

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—

THE CHRONICLE.

610

[Vol. lxxx.

Alamo School District, San Diego Couuty, Cstl.— Bond
5ate.— On J-cn. 5 $1,6J0 6^ building bonds were awarded to
J. E. & A. R Wells of San Diego at 102 50.
Denomination,
Maturity, $800 in 1912 and |800 in
$400. Date, Dec. 7, 1904.
1914.

MUNIJIPAL BOND SALES IN JANUARY.
Municipal bonds to the amount of $10,952,567 were put out
duriug the month of January 1905, excluding, as usual^
$11,377,078 of temporary loans. In January 1904 $23,743,801
of such securities were placed. Tha difference is mainly
accounted for by the fact that New York City placed $11,100,812 of corporate stock last year, against only $3,950,000
the present year.
The city of Cincinnati disposed of $1,000,000 8^^ water
bonds on January 23 to E. H. Rollins & Sons of Chicago—
the largest public sale of the month. New York City issued
as already said, $3,950,000 corporate stock and bonds and the
city of Boston $1,998,700 bonds, but in each instance the

Albany, N. Y.—Bond Offering.—B.ov7ATd N. Fuller, City
Comptroller, will sell at public auction at 12 M., Feb. 11, the
following registered bonds, aggregating $212,625
:

$15,375 3!^* 1-5-year (serial) street- improvewent bonds.
197,260 3%% 1-10-year (serial) street improvement bonds.

Bjth thii above issues are dated Feb. 1, 1904. Interest
semi-annually by check, mailed to the registered holder of
the bonds. Each issue will be sold separately.
Amarlllo, Tex.— Bond Sale.— It is stated in Texas papers
tha'G the $45,000 4^ 5 40year (optional) sewer bonds registered by the State Comptroller on Jan. 21 have been sold to
the contractors for the work, the McQiatters Plumbing

&

Machine Co.

Arcade, N. Y.—Bond Sale.-On Feb. 1 the $20,000 water
bonds described in V. 80, p. 234, were awarded to the
Rochester Savings Bank at par for 8 80 per cents. Securities are dated Fab. 6, 1905, and will mature $800 yearly on
securities were taken care of by local funds.
Sept. 1 from 1908 to 1932, inclusive.
The number of municipalities emitting bonds and the numAttica. O.—iJond OJ^ertngf.— Proposals will be received until
ber of separate issues made during Jan. 1905 were 128 8 P. M., Feb. 20, by E. S. Gambee, Village Clerk, for $2,40) 5%
and 158, respectively. This contrasts with 197 and 258 for coupon electric-light bonds. Date, March 1, 19D5. DiuomiDic. 1904 and with 184 and 318 for Jan. 1904.
For comparative purposes we add the following table
showing the aggregates for January for a series of years
:

flO,P52,587
28,743,801
16,»tl,796
10,9IB,H46

1906
1804
1903
1908
1901

9,«0,86t

1900.

1899
189S
1897
lb96

..

120.874 320
6,076,957

1895

H, 147. 893
l(i,40f-,'776

1893
1892

»10,332,101
7,072,267
5.438,677
6,352,000

I8»4

6,507,721

crowded condition of our columns, we are
obliged to omit this week the customary table showing the
month'd bond sales ia detail. It; will be given next week.

Owing

to the

nation, $1,200. Interest, semi-annually, at office of the Village Treasurer. Maturity, one bond March 1, 1932, and one
bond March 1, 1923. Certified check for $100, payable to the
Treasurer of the Village of Attica, required, and the successful bidder must pay accrued interest.
Barne&Tille, Ohio.— Bond* £)e/eaied,— This village on Jan.
24 defeated a proposition to issue $12,000 water-works bonds.
The vote was 853 to 240 in favor of the issue, a two-thirds
vote being necessary to authorize.
30Bay City, Mich.—Bond Sale.—Oa Jan. 80 the $10,000
year refunding water bonda described in V. 80, p. 234, were
awarded to W. J. Hayes
Sons, Cleveland, at 104 43 and
Interest— a basis of about 3 '753^ Fallowing are the bids :

H

&

iMews items.

W. J. Hayes & Sons. Cleve.. .$10,4 43 00 ,«ea8ongood & Mayer. Cincln.$10,37S 80
N. W.Harris & Co.. CMc
10,430 00 Trowbridee&NlverCo.,Chic. 10,167 00
li',41000 rbas. H. Coffin, Chicago
10.12H 00
Massachngetts.— S^ree* Railway Bonds Legal fcr Savings Spitzer * Co., Toledo
W. Halsey & Co.. Chicago. l(i,400 00 First Nat. Bank, Bay City.... 10,103 60
Banks.— la the Chronicle two weeks ago, on page 224, we N.
F.B.Sherman & Co.,Chic.... 10,875 00 Thos. J. Bolger Co., Chic
H JO 00
W. R. Todd & Co.. Clnciiinatl. 10,025 00
gave a list of the street railway companies meeting the re- Uen)8on, trior* Co., Cleveland and Boston
10,817 60
qnirements of Chapter 483, Laws of 1902, and in the bonds of
savings
therefore,
Maeeachusetts
banks
are
allowed
Minn.—Bond
Safe.— Oq Jan. 80 the $10,000 5% 20which,
Bemidji,
to invest, subject to the approval of the Board of Commis- year funulng bonds described in V. 80, p, 284, were awarded
sioEers of Savings Banks. Uadsr date of Jan. 23 the Board of to the First National Bank ot Bemidji at 102 25, accrued inCommiesioners published a letter naming the bonds which terest and all expenses. Following are the bids
they ''deem good and safe eecurities for the investments of First Nat. Bank, Bemidji
$10,225 00 Kane & Co.. Minneapolis ....$10,200 00
savings banks and institutions for savings." The list of the Alberts. Case, New York ... 10,310 00 W. J. Hayes & Sons, Cleve...M0,4t.8 00
uenleon. Prior 4 Co., CleveUnion Inve8;ment Co., Minbonds is as below:
*10,26100
10,22000
land and Boston
neapolis
I

I

I

>

I

:

Name

Character Inf.
nf Bonds. Rate.
Flrstmort.. 5

of Compa'^V-

Athol AOrangeSt. Ry Co
Dartmoulh&WestportSt.Ry.Co..Firstmort.. 6
6
Plain
East Middlesex St. Ry. Co
"
Fitcbb'g

"

••

"

'•

"

'

"

"

St.

Ry.

Co
'

'

Pittstield Electric St.

West End

Ry. Co

Co

<'()

"
"
Firstniort..
"
"
Mortgage....

Ue'ieniure
Con. mort...
.

Ry. Co.Plain
Sow h Boston Horse Rv- Co
"
JiottonCnsolidateit ar. Rt,. Co...
"
"
"

4!^

6

6
5

4
4
4
5

St.

Wett E^dSt. Ru.Co
"

5

Debenture.. 5

Viilley St. Ry.

Sprlngfleld St. Ry.

4

Ry.Cti... First mort..
"
" ..Con. niort...

Ry. Co

St.

"

Union

"

•'

"

Holyoke
Hoosac

•'

& Leominster St.

'
"

"

"

"

"

"

"

"
"

'

"

"

'•

"

f>

Date of
Interest.

Jin. 1,1898
April 1. 18'S
Sept. 1, 1H9S
Jan. 1,1902
Aprill,i8i*7
Feb. 1,1901
April i, 1895
Oct. 1, IHOO
April 1,19)3
July 1,1837
Sept. 1,1904
July 1,1903

May
Jan.

i]4
4
4

Mar.

4

XmS

Sept.

1,

Jan.

1, li'2i

Apnll. 1917

Feb. 1,1921
April i, lU'.'j
Oct. 1,1920
April 1, 192»
July 1,19I7
Sept. 1,1924
July 1, 192J
Apnll,l9i3 April i, 1»»3
Jan. 1,1894 Jan. 2,1914

6

4

Date of
Maturity.
Jan. 1,1915
Aprill,1915

May

],18»6
1,
l,

I8S7

May
Jan.

U94 Mar.

1.1905
1,1907
1,

1914

1,1896 May 1,1916
Feb. 1,18^7 Feb. 1,1917
AuK. 1,1900 Auk. 1,1915
Aug. 1, 19u2 Aug 1.1932

Bond Proposals and Negotiations

this

week have been as follows
Alabama.— i?oad Q^ertngr.— Proposals will be received
until 12 M., April 4, by R. M. Cunningham, Lieutenant and

Trowbridge & Niver Co.,Chic. 10,210 00 F. B. Sherman &

John Nuveen &

Co.. Chic ..+10,-'26 CO
Co., ChicaKO.*10.067 50

Checks not certified. + No check.
Bethel, Ohio.— Bond O/eringf— Proposals will be received
uutil 12 M Feb. 20, by Liclede Kennedy, Viilage Clerk, for
$1,9C0 5« 1-10 year (serial) sidewalk bonds. Denomination,
Accrued
$190. Date, Feb. 20, 1901. luterest, semi-annual.
interest to be paid by purchaser. Certified check for lOi of
the amount of bonds bid for, payable to the Treasurer of the
*

,

village, required.

Bigtimber School District No. 22, Swset Qrass Connty,

Mont.— Bond

—

Proposals will bs received until 2 p.
Offering.
Feb. 15, by L. C. Bade, District Clerk, for $1,500 6% 5-15year ( iptional) bonds. Denomination, $500. Interest, an-

M

,

nual.

Bogoti(Boruagh), N. J.—Bond Oj^ering*.— Proposals will
be riceived until 8 p, m., M±irch 14, by H. P. Rose, Borough
Clerk, for $13,000 5^ coupon sewer-construction bonds. Denomination, $10D. Date, June 1, 1905. Interest, semi-annually at the Hackensack N itional Biuk, Hickensack. Maturity, $1,890 yearly on Juna 1 from 1906 to 1915, inclusive.
check for 2jf, payaole to V, J. Ludwig, Collector,
Bonded debt, including this issue, $15,600. Asrequired,
sessed valuation, $360,000.
Cascade County (P. 0. Great Falls), Mont.— Bond Sale.—
0.1 Jan. 31 the $10,000 i% 10-20-year (optional) coupon bonds
described in V. 79, p. 2707, were awarded to N. W. Harris
Co. of Now York City.
Clare, Mich.— Bond Election,— An election will be held
Fdb. 6 to vote on the question of issuing $14,750 6^ waterworks-extension bonds. If authorized, securities will mature
$750 in thirteen years and $3,000 yearly thereafter.
Certified

Act! eg Governor, for $8,403,600 gold bonds to renew Claeees
"A" and "B" bonds, aggregating $7,437,600, and maturing
July 1, 19C6, and Class "C" bonds, aggregating $966,000, maturing Jan. 1, 1906. Bids are asked for bonds bearing 3% interest and for bonds carrying d}4% interest.
Denominations,
Interest semi- annually In Montgomery,
$100, $500 or $1,000.
Clear Creek Township, Hantiugton Couaty, laH.— SubAla., or in New York City. Maturity, fifty years. SecuriElection —On Feb. 4 an election will be held in thia
sidy
ties may be coupon or registered, at option of holder.
Certitownship to vote a subsidy of $5,000 in aid of the Huntington
fied check for 6% of the amount bid for, payable to the Gov- Columbia City & Northwestern Traction Co.
ernor of Alabama, required. The entire amount of each
Colville School District No. 2, Steven.?, Conntj, Wash.—
Sale.— Oa Jan. 9 the School Board awarded to the
Bond
accepted bid, or so much as may remain unpaid, must be
State Land B.jard at par an issue of $7,000 43^« 1-20 year
paid for either in cash or in an equal amount of Alabama
(optional) bonds.
bonds which are to be refunded, sixty days before the matuConnersv'lle, Ind.— Bond Saie.— We are advised that the
rity of the present bonds.
The State will exchange with $13,230 8'^ 5% 1-10-year (serial) street bonds, m'^ntloned in V.
accepted bidders, at any time after acceptance of bid, new 79, p. 2165 and 1*29, have bf en taken over by the contractor
for the work, Thomas Bridge's Son.
for old bonds, credit being given the bidder for the difference
CookeTlUe, Tenu.— Bona Sa^e.- On Feb. 1 the $25,000 5^
in Interest to date of maturity of oil bonds.
The State re- 20-year coupon water, light and street bonds described
Co. of
serves the right to retire present bonds to an amount not V. bO, p. 178, were aw irded to MacDmald, McCoy
Chicago at 100-636— a basis of about A'Q5%.
exceeding fCOO.OOO.
Corry, Pa.— Bond Sa/e.— On Jan. 80 f 3,400 4i judgment
The offl.cia! notice of this bond ojfcring will be found
bonds were awarded to the Citizens' National Bunk of Corry
among the advertisemenU elsewhere in this Defjartment.
luterest.
at par. Dinomlnatlon, $100. Date, Feb. 1, 1905.

&

&

m

Feb.

THE CHRONICLE.

4, 1905.]

semi-anEual.
Feb. 1, 1910.

Maturity, Feb.

Cnmberland Connty, N. J.— Bond Sate.—The |27,000 i^%
road bonds awarded last September to N. W. Halsey & Co.
of New York City, and subsequently refused by that firm
(see V. 79, p, 2656), have been sold to the Cumberland National Bank of Bridgeton at 105'40 and interest. See V. 79,
p. 1354, for description of securities.
Delaware, Ohio.— Bond Sate.- On Jan. 28 the $4,100 5f
Franklin Street assesemect bonds dated Jan.: 1, 1905, and
maturing f 410 yearly, the last bond being payable March 1,
1916, were awarded to A. L. Rich Co. of Cincinnati at
104*512.
Following are the bids
$4,241 25
$4,285 00 p. S. BrlKKS 4 Co.. Clnom
A. L. Rich Co., Cincinnati
:

S.

A. Kean, Chloajfo

Feder,

4.269 10

Holzman &

Co.. Cln.... 4,227 6C
4,225 50
4,206 00
4,203 00
NewistWat. B't.Colnmbus.. 4,203 50
4,198 00
B. E. Neff, Delaware

W. J. Haves * Send, Cleve. .4,264 00 Hayden, MUler & Co.. Cleve,.
W. R.Todd 4 Co., Cincinnati.. 4,255 00 R. Kleybolte & Co., Clncin....
Lamprecht Bros. & Co.. Cleve.
Denison, Prior & Co., Cleve.

land and Boston
SeasoDgood & Marer, Cln
Atlas Nat. Bank. Cincinnati.

De

Soto,

.

.

4,262 60
4,25125
4,260 00

Mo.— Bowd Sate,—This city on Dec.

7 sold to

Duke

M. Farson & Co. of Chicago at par an issue of $70,000 i%
water-wcrks bonds. Denominations, forty of $1,000 each
and sixty of |500 each. Date, May 20, 1904. Interest, semi
aunual. Maturity,
1909.

May

20, 1924,

subject to call after

May 20,

—

Detroit, Mich. Bids.— Following are the bids received
Jan. 24 for the |150,000 5%% 30-year water bonds awarded,
Co. of Cleveland:
as stated last week, to Hayden, Miller
Hayden, Miller 4 Co.,CIeve $1 61,02ft 00 W. J.Hayes & Sons. Cleve. $153,137 00
156,062 50 Blodset, Merrltt & Co.. Boo. 153,li 50
W. B. Moss 4 Co.. Detroit.
B. H. Rollins & Sons, Cmc, 15Mfi6('0 Kouuize Bros.. N, 7., and
152,867 00
Matthew Finn, Detroit
Farson. Leach 4 Co., Chic. 158,975 00
Peasonizood 4 Mn^er, Tin.. 152.679 00
Denison, Prior 4 Co., Cleve-

&

|

. .

I

I

153,R4500 Mec&anics' Nat. Bt., N. Y.
land and Boston
H. W. Noble 4 Co., Det-oit. 16:s526 76 R. Kleybolte & Co., Cincln.
Rhoades 4 Richmond, N. Y. 15^,485 00 N. w. iiiHlsey 4 Co.. CbicaBo.
People's Sav. Bank, Detroit. 163,400 Oi)
Parkinson 4 Burr, Boston.. 153,357 00

Blake Broi.

&

Co., Boston..

.

152,611 95
1.^2.475 00
I5l,6i'0 00
)

51,470 00

Faujk County (P. 0. Fflulkton), S. Dab.— Bond O/ering.
—Proposals will be received uLtll 2 p. M., Feb. 10, 1905, by
W. Q. Faulkner, County Auditor, for |50,000 4J.^^ coupon
court-house bends. Denomination, |1,000. Interest semiannually, in January and July, at place to be agreed upon
Maturity, twenty years, subject to call after five
later.
years. Autfcority for issue. Chapter 13, Section 972, Revised
Political Code of 1903. Bonded debt at present, S^8,CO0. As
sessed valuation 1904, $2,516,046. These bonds were offered
as 4 per cents on Jan. 11 without success.
Fergns Coiinly (Mout.) School District No. 45.— Bond
Q^eringf.— Proposals will be received until 2 p. m,, Feb. 14,
for $900 6% 8-year bonds. This
district is one recently created, and is located at Straw.
Interest, annual. Assessed valuation, $103.CO0.
Fort Worth, Tex.— Bowd 8ale.
are advised by the
City Auditor that of the $73,C00 7^ street and sewer bonds
which matured Sept. 1, 19f 4, but which were not paid at that
time (see V. 79, p. 129i ), $71,000 have been refunded into the
new 4iJ bonds maturing July 1, 1941. The remaining i 2,000
have not been located, and therefore have not been refunded.
Fremont, Ohio.— Bond O^tringf. —Proposals will be received until 12 M,, Feb. 27, by the Clerk of Council, for $17,860 4}4^ coupon refunding bonds. Denomination, $5C0, except one bond for $850. Date, Feb. 1, 1905. Interest semiannually at the office of the Sinking Fund Trustees. Maturity as follows
$3,850 Feb. 1, 1913; $3,000 Feb. 1, 1914; $5,500
Feb. 1, 1915, and $5,500 Feb. 1, 1918. Certified check on a
Fremont back for |7C0 required.
Gladwin (Mich.) School District.— Bond O^eriwg.— Proposals will be received until 13 m., Feb. 13, by James E, Tobin,
Secretary Board of Education^ for $15,000 5^ coupon schoolbuilding bonds. Denomination, $1,000. Date, to be decided
later.
Interest annually at the office of the City Treasurer.
Maturity, 1920. Bonds are exempt from taxes. The district
has no debt at present. Assessed valuation 1904, $328,435.
(JlOTersviile, N. Y.— Bo»d S'ate.— On Jan. 31 the $15,000
^}4f two and four-fifths-year (average) sidewalk, curb, gutter and paving-improvement bonds described in V. 80, p. 178.

by H. E. Qaugler, Clerk,

—We

:

W.

were awarded to James
Following are the bids

Filmer at 102*03 and

interest.

:

James W. Filmer
loa'CS
Union Sav. Bank, Patchcgue... 101-43
W. J Hayes 4 Sons, Cleveland.lOO 91
.

Denison, Prior 4Co,, Cleveland

and Boston

100 57

8 A. Kean, Chicaeo.
IOC'05
I. W. Sherrlll, PouKhkeepsle....
...
Hudson Sav. Bank, Hudson
Amsterdam Sav. Bank, Amster-

dam

Hamilton County (P.O. Ciccinnati), Ohio.— Bond 0#firinfli.— Proposals will be received until 12 m,, March 8, by the
County Commissioners— C. C. Richardson, President, and
Geo. C. Zimmerman, Clerk— for $25,000 i% Banson Street
Bridge bonds. Denomination, $500. Date, March 15, 1905.
Interest semi-annually at the office of the County Treasurer.
Maturity, 80 years, subject to call after 15 years. Certified
check on a national bank or trust company for $500, payable
to the Treasurer of Hamilton County, required.
Proposals will also be received at the same time and place
for $115,000 ii 25-year armory-reimburs* ment bonds.
Denomination, $500. Date, March 15, 1905. Interest, semiannual. Maturity, 25 years. Certified check on a national
bank or trust company for |1,C00, payable to xheTreasurtr

Hamilton County, required.
N. J.—Bond Sate.— We are just advised by
the City Clerk that this place on Nov. 30 awarded to the
People's Bank of Hammonton at par an Issue of $45,0C0 4i
water-works bonds. Denomination, $500. Date, Nov. 1,
of

Hammontop,

Interett, semi-annual. Maturity, thirty years, sub1903.
ject to call $1,000 yearly, commencing the tenth year after

date.

Hardin County, Ohio.— Bond

1925, subject to call after

1,

611
O^eringi. —Proposals will be

received until 12 m., Feb, 18, by Justin Brewer, County Auditor, for $74,855 89 5% county ditch bonds.
Date, Feb. 18,
1905. Interest, semi- annual.
Maturity, $19,407 64 in one
vear and also in two yeare; $18,626 10 in three years; $16,299 58 In four years, and $920 94 in five years. Authority for
issue. Sections 4,479, 4,481 and 4,483 Revised Statutes of
Ohio. Certified check on a Kenton bank or cash in the sum
of $500 required to be deposited with the County Auditor.
Herkimer, N. Y. -Bond Q^erfTigr.— Proposals will be received until 8 P. M., Feb. 14, by the Board of Trustees, William Horrocks, President, for $8,000 city -hall- completion
bonds at not exceeding 5% interest. Danominatlon, §1,000.
Interest annually on Dec. 1. Maturity, $1,000 yearly on Dec,
1 from 1905 to 1912, inclusive.
Hougtitov, Mich.— Bond Sate.— On Dae. 28 an issue of
$37,000 Q% street-improvement bonds was awarded to the National Bank of Houghton at par. Securities are dated Dec.
Interest, annual.
28, 1904, and will mature Dae. 28, 1908.
Hamholdt, Kao.— Bond Sale. We are advised that the
145 000 15 20-year (optional) water-plant bonds offered on
Jan. 81 were awarded to John Nuveen
Co. of Chicago.
Indlanoia, Miss.— Bond Sate.- On Jan. 28 the |9,C00 6%
5-20-year (optional) gold coupon wa'er- works bonds describtd in V. 80, p, 235, were awarded to MacDonald, McCoy
Co. of Chicago for |9>100, accrued interest and blank
Several conditional bids were rebonds free of charge.
ceived, which were not considered.
Kansas City, Kan. Bond Sate.— The City Clerk writes us
that the city has sold to the W. G. Eads Brokerage Co. of
Kansas City, Mo., $16,049 bonds.
Kern, Cal.— Bond Sate.— It is stated that the $10,000 Ai

—

&

&

bonds offered but not sold last August have been taken
by the First Bank of Kern at par.
Lakewcod, Ohi«>.— Bond Sate.— On Jan. 28 the $7,805 18 5%
storm-water-Eewer bonds described in V. 79, p. 2803, were
awarded to the Lakewood Savings & Banking Co. at par.
Bond Bids.— The following bids were received Jan, 30 for
the $30,000 5% 15year intersection and general- improvement
bonds described in V. 80, p. 127
New 1st Nat. B'k.Colnmbng. 131,680 00 LamorechtBros &Co.. CIev.f31,S77 00
W. J. Hayes 4 Sons, Cleve.. 31,500 00 Sec. Tr. 4 Sav. Bk., Toledo.. 31,276 00
fire

:

I

.

I

Lancaster County (P. 0. Lincoln), J^eh.—Descrmtion of
Bonds.— We are advised that the $98,000 refunding bonds
which we stated last week had been sold carry &% per cent
Denomination,
interest, payable annually on January 15.
Date, Jan. 15, 1905. Maturity, Jan. 15, 1985, sub$1,000.
ject to call Jan. 15, 1915. The bonds were taken by the State
Treac-urer, who paid for the same $98,225.
are advised that
Litoerty Center, Ohio.— Bond Sate.—
on Jan. 28 the $1,000 5% 1-10-year (optional) coupon fireprotection bonds described in V. 80, p. 179, were "conditionally" awarded to the Howe Engine Co. of Indianapolis
at par and accrned interest.
have just been officially
Llncolaton, N. C.-^Bond Sale.—
advised that this city awarded last October to John Nuveen
Co. of Chicago an isiue of $30,000 ?% water and sewer
bonds. Denomination, $1,000. Date, July 1, 1904. Interest,

We

We

&

semi annual.

Maturity, July

1,

1984.

Long Branch (N.J.) School District.- BondSate.— This
district in December sold to the First National Bank of
Long Branch $37,000 4:%% school bonds at 104. Securiiies
are part of an issue of $60,000 bonds, of which $23,000 were
sold, we are advised, about a year ago. Denomination, $1,000,
Interest, January and July.
Maturity, 1913.

Los Gates, Santa Clara County, Cal.—Bond Offering.—
Proposals will be received until 7 P. M., Feb. 20, by K. H.
Erioksen, Town Clerk, for the $20,000 bridge and the |4,000
sewer 5% bonds voted at the election held Dec. 5, 1904. Denomination, $600. Date, March 1, 1905. Interest semi-annually at the office of the Town Treaeurer.
Maturity, $1,200
yearly on March 1 from 1908 to 1925, inclusive.
LyndouTllle (Yt.) School District.- Bond Sate.— On Dec.
27 this district awarded at private sale to Trowbridge
bonds. DenomiNIver Co. of Chicago an issue of $25,000
nation, $500. Date, Jan. 2, 1905. Interest, semi-annually,
at the office of the Treasurer. Maturity, |1,COO yearly on
Jan. 2 from 1906 to 1930, inclusive.
MoComb City, Miss.— Bond 0#ermgf.— Proposals will be
received until 7:30 P. M., Feb. 21, by J. Dock Harrell, City
Clerk, for $10,000 5% 20 year refunding school and $40,000 5^
20 year refunding water-works coupon bonds. Denominations, school $100 and water $400 each.
Date, Dec. 21, 1905,
Interest annually in McComb.
Certified check for $500
required with bids.
Madison County (P. 0. Anderson), lad.— Bond^s Uefuaed.
—Bond Offering.— hocBl papers state that the $45,000 &}4%
Co.
funding bonds awarded on January 5 to J. F. Wild
of ladianapolis (see V. 80, p. 179) have been refused by that
firm on account of an error In the sale. The Connty Council
has directtd that the bonds be re-advertlsad, bids to be received until March 10.
Marcy, N. Y.-Bond Sale.-Oa Jan. 28 $3,CO0 5^ bridge
bonds wt-re awarded to Geo. M. Hahn of New York City at
100-63. Followlrg are the bide

&

H

&

:

New York.... 100-63
100-01
Neff (for $1.000)

Qeorue M. Hahn,

Duane

I

Clifford Coffin

Par

I

Denomination, $1,000. Maturity, 19C6, 1907 and 1908.
Massachusetts.- Tcmparary Loan.- The State Treasurer
on Jan. 28 negotiated a loan of $1,000,000 In anticipation of
the collection of taxes. Loan matures Nov. 15, 1905.

THE CHRONICLE

612

Minerva, Ohio.— Soni O^eri'^of.— Proposals will be received until ]2 M., Fdb. 2), by R, T. Davis, Villa-^e Clerk,
for $4,000 55? 1-10-year (serial) town-hall bonds. DenomiDaDate, March 1, 1905, laterest, semi-annnal. Action, $400.
crued icterest to be paid by purchaser. Certified check for
5? of iheamcuntof bonds bid for, payable to the Treasurer
of the vi lage, required.
New Havf n, Covn.— Temporary Loan.— This city recently
borrowed ^50,000 from Loring, Tolman & Tapper of Boston

Loan matures June

at 3'45^.

15, 1905.

Norih Tiikima School District, Yakima Connty, Wash.—
Bonds Voted— Bond Offering.— This district on Jan, 6, by a
vote of 266 to 13, authorized the issuance of $25,00!) 10-20year (optional) tchocl-buiidicg bonds at not exce -ding Q%
interest. Proposals for these bonds will be received until
Ftb. 11.
4i^^
Oran^'e, Cil.— Bond Sale.- On. Jan. 31 the $50,030
1-40-year (serial) water bonds described in V. 80, p. 487, were
awarded to the Adams- Phillips Co. of Los Angele"
Ellsworth), Wis —fiend O/eriw.
Pierce Connty (P.
Propceals will be received uutil 1 p. m., Feb. 20, by F. W.
Kendall, County Treasurer, for $70,000 4^ coupon courtAuthority, Section 658, Revised
house and j'iil bonds.
Dencmination,
$500. Date, Aprill,
Wisconsin.
Statutes of
1905. Interest stmi-annually at the office of the Counry TreasMaturity yearly on April 1 as follows : $6.0G0 in 19G6
urer.
end in 19u7, $6,500 in 1908 and in 1909, $7,OC0 in 1910 and in
1911, $7,500 in 1912 acd in 1913, $8,000 in 1914 and in 1915.
Certified check f or |500, payable to F. W. Kendall, County
Treasurer, required. Bonded dabt, $70,000. AssesEed valua-

—

tion 1904, $10,792,883.
Plain City, Ohio.— Sond Qifertngf.— Proposals will be received until 12 M,, Feb, 27, by J. R. Wood, Village Clerk,
for $12,000 5^ coupon water and light-plant-improvement
bonds. Denomination, $500. Date, March 1, 1905, luterest,
semi-annually at the office of the Sinking Fund Trustees.
Maturity, $500 yearly on March 1 from 1915 to 1938, incluCertified check on a national bank or trust company
sive.
for $600, payable to the Village Treasurer, rr quired.
Port ttf New Orleans, L&—Bond Offering.- ProipOB&lB will
be received until 12 m, March 1, by tne Board of Commissioners of the Port of New Orleans, at their office, Nos.

NEW

[Vol. lxxx.

601-fl02 Hibernia
for $7.*0,nn0 .5?;

man, required.
Boyal Center (Ind

)

School District.- Bond

New

Rochelle. N. Y., January 20. 19j5.
CHARLES KAMMERMEYEK, City Clerk.

of Mobile, Ala.,

I

Minn. L'n jfcTrCo., Mlnn'lis. 10,370 OP
10,3fl5 00
Kine & Co, Minneapolis
F, B. Sherman & Co., Chic. .. 10.«flO 00

I
I

Albert

Case

York.... 10.090 00
10,000 00

Co., Chic

|

LOAMS.

STATE OF ALABAMA
F;ENEWAL BONDS.

and one for
(|1,00'^) Dollars each
Fifteen hundred ($l,600) DdHar-s, dated February 1
1905, and maturing, one for fifteen hun red ($1,500)
on tee first day of May. ItOT, and one tbousana
(SI,0U0) dollars annually thereafter commencing on
May 1, 1908; interest pavable semi-annua'lv; principal and interest payable at the office of the City
Treasurer.
Each proposal must be accompanied by a certified
check on an incorporated bank or trust company in
the State of New York for two thousand (^2,uOo)
dollars, payable to the order of the Treasurer of the
City of New Rochelle.
bonds will beeni;raved under the supervision of
and certified as to their genuinfness by the United
Stales Mortgage & Trust Company, and their
legHlity approv.id by .i. U. Caldwell, Esq.. of New
York City, whose opinion as to legality will be furDlstied to the purchaser.
No bid of less t aQ par value of the bonds will be
considered. Bidders must use the printed form of
propo.tal furnished by the undcrcigned. Accrued
Interest to be paid by tbe purchaser, at.d delivery
will be made at th" ofHce "f the t'lty 'I'reasurer in
New Kochelle on February i4, 1905. The right Is
reserved to reject any or all bids.
Dated New Kochelle, N. Y., January 20, 1906.
City Clerk.
CHARLES

KAMMERMEYER,

NEW YORK

New

CITY

and 3{^%

Bonds to be renewed: Classes A and B, aggregating |7,437,«ro, maturing July 1st, 19U6; Class C, aggregating »966,000. maturing Jan. Ist, 1906.
Character of Bond: Kifty-yfar gold bonds. In denominations of either §100, .?500 or §1,000, said bonds
to be coupon or registered, at option of bidder; Interest payable semi-annually in Montgomery, Alabama, or New York City State of New York Bids
for pntlre issue, or any part thereof, not less than
for$H 0, are Invited upon following terms:
1. Uoon bonds bearing 3% per annual.
2. Upon bonds bearing 3W5J per annum.
A certified check, payable to the order of the Governor of Alabama, for Ave per cent of the amount
bid for must accompany each bid. For the bids that
are accepted, other security, approved by the Governor, mwy be substituted f.r the certified check.
The certified check accompanying rejected bids
will be returned, with notice of rejection. The 5%
of each accepted bid wjII, on failure of b dder to
comply with terms of his bid, be lorleited to the
State.

The

entire

^
amount ot each accepted

...^

bid, or so

much as may remain unpaid, must be paid in lawful
money i)f tbe United States -or in lieu thereof an

uiit of Alabama bonds which »re being
refunded -sixty days before the maturity of the
present bonds, into such depository as mxy be
designa'ed by the Governor, or In lieu of the above
designated payment, such guaranty as the Governor

equal iim

may approve.
,^
Tie State will exchange with accested bidders, at
any time after acceptance of bid, new for old bonds,
credit eing given the bidder for diOerence in inter,
est to date of maturity of old bond". No bid offering less than par will be considered. Tne State re,

.

t

serves the right to retire present bonds to an
amount not exccfdini: .$rtO0,u0O Bids will be received lit the Governor's Office at Montgomery until
l^ o'clock M., APKIIj 4, lOtiP, and will be opened Immediately. Notice of acceptance or rejection will be
given each bidder by letter mailed in Montgomery
noHater than April 19, l»05. Envelopes comainlng
bids must be addressed to the Governor of Alabama, »nd have cunsplctiously written thereon
he
"BidK for itenewal Unuds, State of Alabama."
State reserves the rght to lejtct any and all bids.
For further Information, aopiy to the G"veruor of
'I

Cf upon Paving Bonds.

TAX EXEMPT BONDS.

R.M.CUNNINGHAM.

Alabama.

Lleuten

Direct and Primary Obligations of the City ot

T.W.STEPHENS & CO.,

Mobile.

2 Wall Street,

Prices and Particulars
on Application.

New

Blociget, Merritt

York.

&

Co.,

BANKERS,
Bond Department

Interstate Securities Co.
5 Nassau Streeti

C.

John Nuveen &

NEW

3%

an issue

Boyalton, SLinn.— Bond Sale.- Oa Jan, 28 the $10,000 5%
20-year coupon electric-light bouds described in V. 78, p.
237, were awarded to Trowbridge & Niver Co,, Chicago, at
103-71 and interest— a basis of about 4'71i«. Following are
the bids
Trowbridge & Nlver Co.,Chl .110,371 00 W. J. Hayes & Sons, Cleve.. 110,222 00

One thousand

6%

Sale— Thia

&

Co. of Indianapolis
district has sold to J. F. Wild
of $5,000 school- house bonds at 105.

Sealed proposals will be received by the under
Migned until FEBRUARY 7, 1>05, at eight o'click P.
M., for the rvurchase of all or anv part of seventeen
thomand five hundred (^I'V.StO) Dolla's registered
four per cent School Bonrisof said city, slsteeo of

a d certified as to their genuineness by tlie United
States Mortgage & Tru-t Ccmpany. and Ihetr
le yality approved by J H. Caldwell. Esq.. of New
York i;ity, whose opinion as to legality will be furnished to the purchaser.
No hid of less than par value of the bonds will bo
considered. Bidders must use the printed form o'
Accrued
{>ropoBal furnished by the under8l.;ned.
nterest to be paid bv the purchaser, and dnllverj
Treasurer
In
City
the
atlheofHceof
marte
win be
New Rochelle on F^bruflrr 14, 1906. The right in
reserved to reject any or all bids.

Certified

Hugh Mc-

Rankin (Bjrowgh), AllegheiAj County, Pa.— Bond OJfering.— Proposals will be received until 12 M. to-day (Feb, 4)
by the Finance Committee, John C. Burns, Chairmaii, for
the $30,000 street, |2,0O0 sewer a^d $3,000 wa'er 4^5 b nds
voted at the general election last November. Denomination,
MaDiit", Jsn. 2, 1S05. Interest, Jan. 2 and July 2,
$500.
turity, $500 yearly on Jan. 3 from ]9C6tol92.7, inclusive;
$2,000 yearly on Jan. 2 from 1928 to 1933 inclusive, and
$1,000 Jan. 2, j 934. Bonds are free from tax. Present debt
Assessed valuation, $3,500,200.
of the borough, $64,000.
Certified check for iiiBOO, payable to John C. Burns, Chair-

Sealed proposals will be received by the underBlKned until FEBRUARY 7, 1905, at S o'clock P. M..
for the purchase of all or any part of Nineteen
thous.nd (8l»,00i) Dollars registered four per ceut
Local Imoruvement Bonds, series of 1905, of Biid
City, of One thousand ($1,000) Dollars each, dated

annually; principal aud Interest payable at the
ofBce of the C'ty Treasner.
Bach proposal mu-t be accompanied by a certified
check on an incorporated banls or trust company in
the State of New York, for Two thousand ($2,000)
Dollars, payable to tbe order cf the Treasurer of
the City or New Kochelle.
Bonds will be engraved under the supervision of

Sept. 1, 1914.
of bid required.

for $7R,000 S}4i registered bonds. Denomination, $1,003.
Date, Feb. 1, 1905. Interest semi-annually at the Fallkill
Nationnl Bank of Poughkeepsie. Maturity, Feb. 1, 1935.
Bonds are exempt from all taxes. Certified check for 2^,
payable to the City Treasurer, required.

SCHOOL BONDS.

90ft, and maturing on'5 bond annually
1,
commencing May 1, 11)07; interest payable semi-

Orleans,

is President and W. A. Kernaghanis Secretary of the
Board of Commissioners.
Powghkefps'e, N. Y.—Bond Ojferingf.— Proposals T^ill be
rfceiv»^d until 12 M. to-day (Feb. 4) by G-ao. M. Hine, Mayor,

IMPROVEMENT BONDS.

The

amount

LOANS.

Februa?7

New

Cloekey

ochelle, N. Y.,

City

Trust Co. Bailding,

Maturity,

laterest, semi-anrual.
check for V%, of the

City of New
^io,ooo

Dated

&

Bank

coupon bonda, comprising $250,000 bonds
Series "A," and $500,000 bonds Series "B." Securities are
part of an issue of $2,000,000 bonds author!zad by Act No.
44, Session of 1904, of the State Legislature, for the purpose
of constructing wharves, eheds, roadways and other Improvements necessary for the shipping facilities in the Port
of New OrleanF. Denomination, $1,000. Date, Sept. 1, 1904.

New

York.

i6

Congress Street, Boston.

•16

NA88AC BTBKET, NEW TOHK.

iTATE. CITI k

RAILROAD

B0N1>>

R.

L.

int

and Acting Governor.

DAY

& CO.,

BANKERS,
36 Congress Street,
BOSTON.

8 Nassau Street,
NEW YORK.

MEMBERS
AND BOSTON
YORK
NEW
STOCK EXCHANGES.
STATE. MUNICIPAl.. AND

KAIMIOAU

UJGH GRAUB

HECI'RITIES.

Feb.

THE CHRONICLE.

4, 19((5.J

Sterlirg County, Texas.—Bond.S'aZe.— On January 24 the
State Board of Education purchased the $25,000 A.% 10-40-year
(optional) court-house bonds mentioned in V. 80, p. 181. The
achool Board had agreed to purchase these bonds several weeks
£go, but certain matters came up which prevented the consummation of the sale until Jaiuary 24. The price raid bv
tbe board was |23,750.
Sturgeon, Mo.— Bond Election.— An election will be held
Feb. 6 to vote on the question of issuing |5,C00 electric-liehtplant bonds.
Tallepooea, tta.— Bond Election.- An election wiU be held
Feb. 14 to vote on the question of issuing $10,000 eleotricligbt-plant and $10,000 building and sewer bonds.
Taney County, ^Q.—Bond Sale.- On January 4 an issue of
141,500 5% funding bonds was awarded to the St. Louis
Union Trust Co. of St. Louis at par. Denomination, *500.
Date, Jan. 4, 1905. Interest, semi-annual, Maturity, Jan. 4,
1935, subject to call after Jan. 4, 1920.
Tennille, Gn.—Bond Sale.— It is stated in Atlanta pdipers
that the $8,0C0
20 year water and light bDnds mentioned in
V. 79, p. 2111, have been sold at 107 50.
Toledo, Ohio.— Bond O^enng;.— Proposals will be received
until 7:30 P. M., March 1, by R. G. Bacon, City Auditor,
for $500,000 4% coupon water-works bonds. Denomination,
Date. Feb. 1, 1905. Interest, Feb. 1 and Aug. 1 at
$1,000,
tbe United States Mortgage
Trust Co. in New York City.
Maturity, $50,000 yearly on Aug. 1 from 1908 to 1915, inclusive.
Accrued interest to be paid by purchaser. Certified check for
of the par value of bonds, drawn without
condition on some national bank in Toledo, or else money
for that amount, required with bids. These bonds were offered on Jan. 18, but the bids received were rejected.
Topeka, Kan.— Bond C^erir: gr.— Proposals will be received
until 5 p. M,, March 6, by J. H. Squirep, City Clerk, for $80,000 (more or lees) 5$ general-improvement bonds. Denomination, $1,000. Date, Jane 1, 1905. Interest, semi-anrmally
on May 1 and Nov. 1 at the fiscal agency of the State in New
York City. Certified cheek for $1,000, payable to the City
Treasurer, required.
Trenton, «. J.— Bond Sale.-Oa Feb. 3 $80,387 04 ii pavement and $50,000 4% water bonds were awarded to R L Day
& Co, of New York City at 104-53 and 110-59, respec-rlvely.

Entheifi>rd, N. J.— Sond O^ering.— Proposals will be received until 8 p M., Feb. 7, by Robert Lef^ds, Borough Clerk,
for $12,500 4^ 25-year park bonds. Certified check for $250,
payable to the Borough of Rntberford, required.
District, Fremoit
St. Anthory Independent School
Coanty, Uabo.—Bond Sale.— On Jan. 9 this district sold at
par to the State Land Board, eo we are informed by J. R.
Young, District Clerk, an iesue of $8,000 5% school-house
bonds. Denomination, $l,C0O, Date, Jan. 9, 1S05. Interest,
January and July. Maturity, Jan. 1, 1925, subject to call
after 15 years.

Shelby County (P.O. Sidney), OMo.-Bond Offerivg.Ptopos&is will he received until 12 M., February 13, by the
County Commiss-ionere, at the cfBce of R. B. Dill, County
Auditor, f 01 $19 950 5^ ditch-improvement bonds, maturing
each six months as follows
:

July 1. !935
Jan. 1, 1906
July 1,1906
Jan. 1, 19iJ7

July 1,1907
Jan. 1,1908
2,600 July 1, 1908

12,660

2,?>50

1

|f?,920

2,150

I

1

I

2,500

900

|

|

I

I

Jan.

July

X,
1,

Jjin. 1,

1909
19 9
1910

$1,800

7E0
750

I

^

Dencmination of bocde, eight for $1,150, two for |800,
eight for $750, two for $350, two for $300, four for $150,
eleven for $100 and three for $50 each. Date, Jan. 1, 1905,
Interest, eemi-ancufll. Authority for i?sue, Sections 4479,
4480, 4481 and 4482, Revised Statutes of Ohio. A deposit of
$200 in cash with the County Auditor required.
SherbiiriiC CoQiity (P. 0. Elk Eirer), Mnn.- Bond Offerirjflr.— Proposals will be received until 10 A, M;, Feb 7, by
the Board of County Commissioners, care of Chas. E Swansen, County Auditor, for a $5 000 register«jd drainage bond

&

H

at not exceeding fl^ interest, Authority, Chapter 258, Laws
of 1901. Date about Mar. 1, 1905. Interest annually on July 1.
Maturity, three years. County has no debt at present. Assessed valuation 19'4. $2,168,854. Certified check for
payable to the Treasurer of Sherhurne County, required.
Spencfr Valley School District, San Df ego Coanty, Cal.
Bond Sale.— On January 5 an issue of $1,000 1% l-lO-year
ferial) building bonds of this district was awarded to C, C.
Hakes, Vice-President of the Cit'zens' Savings Bank of San
Diego, at 103*05. Denomination, $100. D^te, Dec. 7, 1904.
Spooner, Wis.— fiawd Sale,- On January 7 the $11,000
water- works bonds described in V. 79, p. 26C3, were awarded
to N. W. Harris
Co. cf Chicago.

—

H

&

NEW

NEW

LOANS.

J^lSo,000
Town

613

NEW

LOANS.

^36,000

^ioo,oi:o

Danbury, Conn., City of Mt. Vernon, N.Y.

of

^% School Funding Bonds.

(Westchester County)

Sealed proposa's will be received by the onderslgupd. Selectmen of the Towu of Danburv. Conn.,
until 8 o'clock P. M. on the 15TH DAY OK FEBRUARY, 1905, at the office of the Selectmen In said
Town of Danbury, for the purchase ol $;55.000 4^
School Funding Bonds of said Town, or of so many
of said bonds as will yield sufflcient proceeds to pay
one hundred and flffy-nme thousand, oue hundred
and seventy-two d< liars and eightfen cents ($159.172 18) of school indebtedness existing October 17,
191)4, and interest tbereon ut four and one-ha'f per
cent per annum from said October l7. 1904, to March
1, 1905, (the exact amount of said interest being determined bv tbe Selectmen.) Bond^ to be registered
or coupon ;la form, at the '>ptioa of the purchaser,
of the denomination of $i,ii00 each, to be dated
March 1. 190S, and to-matnre at the rate of three
bonds every year for the first fortj-flve years ana
at tbe rate ol four bonds every year for the next
nve years thereafter, so that the who'e issue will be
due and payable in flrty years after dale without
option of iirlor redemption. If tbe entire amount of
said $155,0(0 bonds be not Issued, the few bonds
omitted will be from those of the later dates.
interest payable on the 1st day of May, 1905, and
«eml-ar nually thereafter at the Importers' and
Traders' Natlonnl Bank in the City of New York.
Both Ititorest wnd piinoipal payable
lawful money
of the United States of America
Each proposal must be accompanied by a certified
check on a iNational Bank, payable to tne order of
the Town of D.mbury, to the amount of two ter
cent <f he face value of the bonds bid for.
Bidders must use the printed form of proDosa)
luruished by the undersigni ri.
Accrued iLterest to be oald by the purchaser.
The hot ds w 11 be approved as to tbeir legality by
Messrs. Dillon & Hubbard, of New Y. rk City, whose
opinion will be furui.>)hed to the purchaser, and the
bonds will be engraved under the supervision of and
oertilled as to ihoir genuineness by the United States
Mortgage & Trust Company.
The right Is reserved to reject any or all bids.
Delivery of the bOKdi will be made n March 3d,
1905, at 2 O'clock P.
at the office of the United
states MortgHge & Trust Company, 65 Cedar

SCHOOL TAX REUEF BONDS.

m

I

M

Street,

New

TH DAY

Hundred

Thirty-iwo

(:<3S)

Three
and that

to

atid Sixt.v-seven i3'i7), inclusive,

tbe said Thirty-six (36) bonds will oe sold to the
highect bidder at a putillc sale to bo held at said
time and place.
These are a ser es of bonds which are authorized
to be Issued under Hud piirsuaot to Section ii29 of
Chapter IS'i of the Laws of .8S»! as amendeo m
1895. Each bond will be for the principal sum of
One Thous ind ($',00(i) Dollars, and will bear interest
at the rate of four per centum, layable semiannua. ly at the office of the City treasurer of the
City of Mount Vernon. They will be dated Feb-

ruary ]»t, 1905, and payable on the First day of
February, 1908. The bonds will be delivert'd to the
purchaser on or before the Fifteenth day of February, 1905.

Each bid for the School Tax Relief Bonds must be
ac ompanled by a certified check for one Thousand
(§1,000) Dollars as

That

said

an evidence of good faith

Common

such proposals as

Council will at said time open
be received and accept the

may

higi.ett thereof, if it deem it for the best interest of
tbe City go to do, but it reserves the rleht to reject
any or all proprisals should it deem it ac^visable.

Bonds will bee' graved urder the supervision of
and oertifled as to their geruiuenees b» the United
States Mortgage & Trust Company and their legality
approved by J. H. Cildwell, Esq., of New York City,
whose opinion as to legality will be furnished to the
purchaser.
By statute the bonds cannot be aold for less than
par and accrued interest.

EDWARD

P.

BRUSH,

A. W. REYNOLDS, City Clerk.
Dated January 18, 1905.

Mayor.

WATERBURY,COMN.,
3J4%

SEWERAGE BONDS.

CITY CLERK'S OFFICE, CITY HALL,
Waterbury, Conn., January 24, 1905.
proposals will be received at this office
until 8 o'clock P. M.
A Y,
6, l9;5, (at
which time they will bo opened in public at a meetirg o' the Board of Aldermen) for the purchase of
the fo'lowirg-described bonds.
$100,0 0.
The Sewerage Bond p of the City of
Waterbury, bearing date January 1 1905, of the
decomination of $i,000 each, bearirg interest at the
rate o! three atjd otie-haif (:^!^j) per ceijtum per
annum, payable semi-annually on the first days of
July and January in each yearThe principal of said bonds shall oe payable thirty
(30) years from date thereof, and both principal and
interest to be pavable by New York draft at the
office of the City Treasurer within the City of
Sealed

MARCH

MOND

Waterbury.

The issue of said bonds is authorized by resolution
of the (General Assembly or Connecticut approved
April 30, IPOl.
The bends will be coupon. Bids
should be marked "Proposals for Bonds" and addressed to George H. Nettleton, City Clerk, City
Hall Building, Waterbury, Connecticut, wnd to be
accompanied by a certified check, payable to the
order of the City Treasurer, for one (1%) per centum
of the par value of the bonds bid for as a guaranty
of good taith upon tbe part of the bidder.
No bid for less than par and accrued interest can
be aecepted.
The right to reject any and all b'.ds is reserved.
For further information address
GEURQB H. NETTLETON, City Clerk.
Waterbury. 0«rmi.

& Burr,
INVESTMENT BONDS
Perry, Coffin

Ycjrk.

(AT.EXANDKR TURNER,
,

Trowbridge& Niver Co.
MUNICIPAL AND PUBLIC SERVICE

BONDS.

E.

of the City of Mount Vernon
will, at its (Jhambers in the Lucas Building, Depot
Place, on the'
OF FEBRUARY, 1905, a, 8
o'clock P. M., receive sealed proposals 'or the purchase of Thirty- i-ix (3tJ) School fax Relief B nds of
said citv. numbered consecuiivly as issued from

.

Selectmen <THO.\lA8 T.ALEXANDER.
(U HART PURDY.
_, ^ ^ „
Dated, DaLbury, Conn Jan. 2ri, 1905.

1st

The C'^mmon Council

Three Hundred and

LOANS.

CHICAGO,
Nat. Bank Bldg.

MUNICIPAL AND
PUBLIC FRANCHISE CORPOfiATION
BONDS

W.

J.

HAYES & SONS,

CL.KTELAND, OHIO.

MUNICIPAL

BOSTON. MASS.

AHD

BOSTON,
60 State

Street.

MacDonald, McCoy

BANKERS.
Milk Street,

BOSTON.

BOSTON.

Bongbt and Sold.

MUNICIPAL bonds"
C. Stanwood & Oo. KUMICIPAL AMD
95

60 State Street,

&

Public
Oo.,

CORPORATIOti

BONDS.
I7Z

La Salle

Street, C&icagc.

Service

Corporation

BONDS.

E.H.ROLLINS & SONS,
BOSTON.
DeHTer.

Chieago.

San Franelseo.

THE CHRONICLE.

614

This is on a basis of about Z'AQ% in the case of the former and
about 3 iB% for i:he latter issue. Following are the bids
:

180,837 r4
onds.
104-53
104-88
104-329
104-30
104 89

Paving

Day & Co., New York
Harvey Flsk & Sons, New York
B. L.

Co., New York
Co., New York
York
Halsey 4 Co.,

Estabrook 4

Blafee Bros.

W.

N.

4

New

Rhoades 4 Richmond, New York
Kountze Bros., New York
FarsoD, Leach & Co., New York
John D. Everitt&Co.New Ytrk.
R. M. Grunt & Co New York
J. Haye'j

4

Sous, Cleveland

110-175
110-22
110-S84
1(8-971
110-0S4
106-578
both,

—

10366
For
'

The pavement bonds are dated Feb.
1915, and the
will matare Jaly

110-31
llO'l?

11014

10s-8->l

Harde,

,

Feb.

11019
110223

104-i67
104-175
104-124
104-0«
103-88

New York
S.
Blodge', Merritt & To Boston
N. W. Harris & Co., New York
Dudley

»50,0C0
r Bds.
110-c9
109 88
110-129

Wat

i04-ii7

,

W.

'

1905,

1,

and mature

water bonds carry date July

1, 1904,
Interest, semi- annual.
UniTersity Place, Htb.—Bond Sale.— On Jan. 17 this city
awarded the $6,600 5% 10-20-year (optiona') electriclight
Co.
bonds voted at the election held Jan. 3 to W. E, Moss
of Datroit for |50 premium, this bein? on a basis of 4 90^ if
bonds are called at their optional date and 4*94^ if ailowed
to run their full time. Denomination, $500. Interest, annual. Date, Feb. 1, 1905.

and

1,

1984.

1,

&

Westehei^ter Conuty (P. 0. White Plains), N. Y.— Bond
Sale.— On Feb. 1 tbe $39,7C4 43 i% 27-year funding bonds were

&

Sons, Cleveland, at 110 75—
awarded to W. J.Hayes
basis of about 3 39?; and the $17,016 18 Ai 4-year temporaryloac-highway bonds were awarded to the Westchester County
Savings Batk at 102— a basis of about 346^. Following are
the bids
$'9,'r40
J. Hayes & Sons, Cleveland
Westchester Couniy Savings Bank

W.

&

Farson, Leach

Co.,

New York

„..

,

John D. Everitt 4 Co.. New York
W. R.Todd A Co., New York
Blake Bros. 4 Co., Bosl on
Geo M. Hahu, New York
Home Savings Bauk
County Trust Company

17,20761
1'',317 20
17,319

G.

1"',

4»,478 00

17,i28 CO

43,4S^6S
4H,000 07
48.433 77

]7,i8333
17,15305

17,28ie5
17,afl7 17

17,198 a7
17,142 09

41,(.3849

2811, for description of bonds.

WHITE

H

National Trust Co

$34,800 CO

Investigations and Reports on Electric
Railway, Gas, Electric Light, and
Power Transmission Properties
for Financial Institutions
and Investors.

We

tits,

/?on<i0^en«gf.— Proposals will be received until 12 m.,
Feb. 9, by John E Andrus, Mayor, for $18,500 ^}4^ .^lesesament bonrl, dated Feb. 15, 1905, and maturing Feb 1, 1908.

MISCELLANEOUS.

22a College

&

F.

Cannon

MUNICIPAL, RAILROAD and

STREET RAILWAY
BONDS.
NASSAU STREET, NEW

John

YORK.

IVIfq.C©

O^^'^*-''**

CORDAGE.
65

Wail

Street,

York

New York

H. M.

II.I.S

Byllesby

ENGINEERS.

City.

Assets, $9,036,626.
Paid to Policyholders ia 1904, $1,200,000.

Kor BuslnesB CorrcnpoiideMce,

DESIGN, CONSTRUCT AND OPERATE
RAILAVAY LIGHT, POWER AND

HYDRAULIC PLANTS.

BOSTON.

Emabllahcd 1883.

New

St., Chicat^o.

BONDS.

York Life Suildinc,

CHICACO,

lor letter written with your own hand, or
by.the typewriter, are UNKQUAIiKU. Their quality
at all
In ftssured and they have won hichest honors
the (jreat World's Fairs. For hlRh Rrade writing
puper5:of flll kinds, for bond papers, and for ledRor
papers, insist on havlnR them made by the

Whether

WHITING PAPER COMPANY,
ILL.

II

NawYork.

(H,^ OKE, I»1A»S.
Philadelphia.

Chica>ro«

BALLANTYNE a EVANS,

& Company

COUNTY
AND TOWNSHIP

w

& Cc^

LIST.

OENISON, PRIOR & CO

CITY'

thelx

EJSI^jNEERS^

Ezaminatlona and Keporta.

159 La Hulle

with

INCORPORATED.

INVESTMENT BONDS.

H. C. Speer

commensurate

th
are Invited to comimunloate
RICHARD E. COCHRAN, 3d Vlce-I lesldent,
at the Oompany'B Office, 277 Broad^^ay, New

MANILA SISAL AND JUTE

APPIilCATIOK.

CLEVELAND.

Income

annual
euocesa,

172 TVashingtou Street,

8EN0 FOR

and proprresalve Company, thereby
securing ti t themselves not ouly an Immediate
return for tieir work, but alao an increasing

ITHITING'S PAPERS.

T. B. POTTER,
MUNICIPAL and DOMni<2
.

Leathej
JAMES E. PLUM
CLARENCE H. KELSEY.Pr.Tlt.Guar.&Tr.Oo.
WILLIAM H. PORTER, Pres. Chem. Nat. Bank

estftbllehed

CHICAGO.

•

Munn, M.D., President.
Finance Committee:
P.

Tinr.e Deposits.

The American

St.

Municipal Bonds,
171 LA SALLE STREET,

CHICAOO,
MHT ON

THE CITY OF NE W YORK.

IN

Active and saoceBsfnl Agents who desire to
make DIRECT CONTRACTB with this woll-

R.FULTON & CO.,

CORPORATION

States Life

Insurance Co.

CO., L,lmlted,

Hill,

1904.

I860.

The United

LONDON COREESPONDENTS
J. G. \tIIITE:

134,078 00

Stjmi-annuaily at the Anthracite Bank of Wiikes-Barre. Maturity, |1, 000 yearly on Jan. 1 from 1923 to 1931, inclusive,
all bonds being subject to call after Jan. 1, 1910.
Bonds
vv'ere authorizpci at election held Nov, 4, 1904.
Winuetka School District Ko. 36, Cock County, 111.—
Bond Offering.— PropoBals will be received until 8 P, M.,
Feb. 13, at the house of Henry F. Thurston, Secretary Board
of Education, for $15,000 5% bonds. Denomination, $500.
Date, Nov. 1, 1904. Interest, semi-annual. Maturity, $3,500
yeaily on Nov. 1 from 1913 to 1918, inclusive. Certified check
for $200, payable to the Secretary of the Board of Education
of Distriot No. 38, required.
are advised that,
YoDfeer?, N. Y.— Bonds Not Sold.—
owing to the storm of Jan. 26 and the consequent delay in
the mails, the $107,000 d}4% redemption and the $6,175 B}4i
bridge bonds offered on that day were not sold. Bonds will
be re-adveitised. See V. 80, p. 239, for description of securi-

and Electric
Power Plants Financed, Designed and Built. Interest Paid on Daily and

Electric Railways, Electric Light

Toronto

,

DKALBBS IN

1

C. Brent,

-

BANKERS,

York.

Wm.

|

Wilkes-Barre Town&hjp (Pa.) School Digtrict.— JBond
Saie.
On Jan. 26 |9,0n0 ^% bonds of tbis district were awarded to Trowbridge & Nlver Co Chicago, for $9,208 and interDenomination, $1,000. Date, Jan. 1, 1905, Interest
est,

INVESTMENTS.

Engineers, Contractors,

New

Wealherford, Tex.— flond faie.— This city has sold at private sale to the Knights of Pythias at par an issue of
Denomination, |1,000.
$7,000 i% school-bnilding bonds.
Dite, Oct, 1, 1904. Interest, semi-annual. Maturity, Oct. 1,
1944, subject to call after 15 years.
Bond Cj^ertng.— Proposals will be received until 7 P. M.,
Feb. 16, by Henry Miller, Mayor, for $35,000
15.40-year
(optional) reslstered sewer bonds dated Nov. 15, 1904. Denomination, $1,000. Interest semi-annually in Weatherford
or in Austin, Tex. Bonded debt, including this issue, $54,Aeeeesed valuation, 1904, $2,244,265.
000.
Wetabkiwin (Alta, N. W. T.,) School Distrkt No. 264.Dtbenture 3ale.—0a Jan. 20 the |35,000 5% debentures maturing part yearly for thirty years were awarded to the
National Trust Co. at 99'72 and interest. Following are the
bids ;

CO., RudolphKleybolte&Co.

Sc

43-49 Exchange Place,

17500

43,70300
43,7(2 07
43,56669

iNVESTMENTS.
J.

Bds.
$17,203 oo
1'' ,356 SO

43,77H 10
43,7 641
48,713 87

I

p.

Highwav

00
43,o:930

|43,w7i>

Estabrook 4 Co., B ston
N. W. Harris & Co., New Y' rk
N. W. Halsey &<^o.. New York
Kountze Bros New York

See V. 79,

117,01618

43

Funding Bonds.
'

[YOL. LXXX.

ENGINEERS,
Examinations and Reports on Physical and
Operating Values of Manufacturing
Properties.

*2

PINE STKEKT,

NEW YOUK.

BONDS
s^SBk CERTIFICATES
Also
Uat'dsoraelv orKraved;
steel-plate elleot.

the cheainT kind, partly llllio«raptio(1 and partly
priiitod trim typo. 100 Stock Cc'tlHcati>ti, $.1 to
«25; the latter ei;HrKVed with Bteclplaie bordprs
-oleRHiit.

Seal Truss,

If

Willi Cert ideal os, tl 50.

B. KING & CO., 112 William St., N.Y.
(Telephoae.)
Kimrnvers and LlthoKraphors.

A.LBERT