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[Entered aooordlng to Act of Oongress, In the year 1900, by the
Wiujah B. Daha Ookpaht, in the otBce of the Librarian of Oongrese.]
SATURDAY, FEBKUARY
VOL. 72
CLEARING HOUSE RETURNS.
For the month of January the clearings make very favorable comparison v?ith a year ago. In the aggregate for the
whole country the iocrease over 1900 reaches 40*2 per cent,
and outside of New York there is a gain of 11'3 per cent.
H,
The week's total for all cities shows a gain of 31 per cent
over 1900, The increase over 1899 is 9'8 per cent and the
excess over 1898 is 43 6 per cent. Outside of New York the
increase compared with 1900 is 80 per cent, the gain over
1899 is 4'9 per cent, and the excess over 1898 reaches 28'8 p. c.
Wse* tncxnu February 3
January.
OUarinf at—
1901.
,401,1 14,H73 4,661,679 ^96 (-88-7
459,88'.J,178
417,944 382 flOO
161:1,547,117
129,«73,;,h3, +30-0
tt2,.335, 216 -i-irs
10l,»37,5«
23,339.;,3rt6 fio-i
Philadelphia
Pittsburg
Baltimore
Buffalo
Washinstton
13.012,713
15,603,27i
11,013,018
5,814,712
6,380,866
Albany
Rochester
Syracuse
Scr'nion
WilmlnKton
4,iifa,963
Blntibamton
Chester
Frederick
2,123,800
1,691,764
759,676
],4l5,£q7
Total Middle..
Boston
Providence
Hartford
682,785,127
82.568,200
12,818,a07
8,018,610
6,481,310
5,863,673
8.782,428
4,010,326
a.69<,188
2,603.98s
1,809,510
744,979,783
619,062,9X1
89,116,100
41,061,869
68,677,283
28,483,811
25,847,100
New Haven
BprlnKfleld
Worcester
Portland
Fall River
Lowell
3edford...
Holyoke
Total N. Bng.,
Chlcai;o
Cincinnati
Detroit
Cleveland
Milwaukee
Columbus
17,167,9!H9
....
10,128,665
10.089,904
6,616,171
8,349.677
4,187,392
1,496.809
2.197,882
2,604,230
2,205.700
8,437,736
1,245,331
1,506,129
1,364.564
759,438
1.837,724
1,0J3,694
Peoria
Toledo
Grand Rapids...
Dayton
Eyansville
Yountistown
—
SprinKHeld.lll...
Lexington
Akron
Kalamazoo
Rookford
SprinKfleld
Canton
.,
Jacksonville,!!.,
Ouincy
Bloominjiton...,
Jackson, Mich..,
Mansfleld
Tot. M. West.,
dS-^.bll
241,882
934,815,692
90,943,134
13,609,873
9,686,305
12,276,230
9,191,229
4,8}3,749
6,801,691
8,981,856
1,838,973
860,807
IS 1^,790,344
75,190,590
47,348,747
28,687,342
22,281,787
20,126,095
17,638,481
,
San Francisco.,
Salt Lake City.,
Portland
Los Angeles
Seattle
Spokane
Tacoma
Helena
Fargo
Sioux
Falls....
Total Paclflc
Kansas City
Minneapolis
Omaha
St.
Paul
Denver
Joseph
Des Moines
Davenport,
Sioux City
St.
7, 88,4 "12
1
4.037,843
5,866,064
4,804,807
2,070,841
60»,632
873,502
Topeka
Wichita
Fremont
Hastings
Dubuque
Tol. oth'rW
^1,747,007
Louis
New Orleans
St.
Louisville
Galveston
Houston
Savannah
Riohmond
Memphis
.
Atlanta
Nashville
Norfolk
Augusta
Kno.xville
Rock
Chattanooga
Little
JacksiinviUe
Total South-....'.
Outside N.
fl6*7
(-7-1
691,816 915 fl8*0
30,«?4 500 -I-5-3
13,663,,859
7.760,.848
6,683 ,556
6,083 ,73
8,621 59'
6,690,749,776 3.690.282,724
416.898,776
326,703.083
97,668,95 e
80,2 7,032
108,976,748
82,852,544
20,616,834
19,004.716
9.961,847
8,412,415
9,696.500
8,744,833
7,607,626
6.443.769
4,832,080
4 477,^01
4,8;0,98i
3,671,397
3,195,333
1,805,800
1,885,300
1,278,423
-63
-30
+3-3
-8-7
611,203,614
28,729,400
18,958,616
9,080,833
7,763,148
8.349,753
+3-C
6,83W,9H
3,932 716 +3-7
2,681 653 1-4-3
2,058 ,69' -1-219
1,584 ,113 -(-140
4,789,976
3,481,420
2.928,178
1,609,849
678,654,,103
-I-10-8
698.785,791
589,231, 064
78,5 2, 200
40.170, !U1
49,060, 810
29,465,,723
23,400,.400
14,890, Oia
-I-5-1
552,231,171
66,80^,800
36,880,150
41,758,70b
24,950,56
22,720,^00
13,907,78J
8,017,72i
8,453 679
4,777,249
4,112,047
2,998,840
1,388.862
1
9,108,,700
11.082. «9:'
6,281, 551
5.342,,290
4,808,,70
1,571,.648
2,030,,001
8,103,,5.i
1,853,,100
1,817,,934
1,897,,519
1,325,,611
1,236,,163
734,,029
f228
-I-9-7
-8-3
-t-9-2
-I-16-2
t-U-2
-90
-I-5-7
-l-OM
-12-9
-4-8
-I-8-2
-I-23-8
1,8 11.8^9
-4-0
+13-7
4-104
1,669,116
1,637,800
1,683,505
1,056,767
1.014,236
888.961
-)-3'8
680,989
fl8-7
+34-1
508,265.978
24,981,100
13,447,89rf
7,312,823
7,205,027
6,799.387
6 261,2:n
8,9il,3^6
8,802,496
2.058,793
872,282 740 -H7-1
83,018 149 +9-b
10,048 ,668 -(-34-4
7,849 ,279 +22 8
10,309, 689 4-191
884,038,010
428,680.988
67,410,150
31,314,829
80,941, I7i
2.J,295,0fli*
19,215,700
11,122,429
7,530,810
8,108,220
4.630,H6i
8,252,564
1,330,991
1,433.534
1,893,401
1,23), 200
1,317,306
842,652
868,043
789,617
797,6^7,433
635,237,6^8
67,333,931
11,101.069
7,504.118
7,118,623
-)-33-8
4,103, 841
2,779,261 H3-3
24-»
3.041, t'85
719, 195 fl9*6
8,083,407
—
2,239,92-}
1,.'576,180
974,6',) 'I
408,85'
133,864, 309 fl3-4
58,109, 535 -I- 89-4
43,299, 744 -I-9-4
26,755, 123 -I-7-1
22,443, 39i -0-7
21,134, .802 —4-8
16,105, 636 -h9-2
109,705,969
814,878
102,234,24U
48,6i)l,540
44,337.557
42,007,945
89,516,26
19,332,180
13,921.191
10,459,807
7,132.689
8,949,944
3,923,62^
3,578,104
2,093,710
539,587
566,741
32,6.-)
6,485, 878 Hl-l
3,631, 311 fll-0
8'3
8,851, ,916
8,930 ,637 -f63-i'
2,316, ,000 -10 9
—
630 mi
— 1-2
751, ,704 -I-16-2
1,826 ,08
—4*8
145,328, 090
53.138, 176
43,185, 9i'
16,758. 900
17,106,.98tt
19,203, 701
15,475,,78.13,202,.671
8,995, 994
6,898,.810
8.434,000
3,144,534
1,076,911
1,282.668
6,609,,741
5,512,,677
2,5(«.,4 4
4,772,,608
3.972,,276
3,497,,000
2,356,,339
1,807,,117
1,187 ,47
429iC3l,629
j7 1, 897,738
f23-4
182,719,173
143,657,927
-(-11-8
53,144,0.17
-86
-I-9-7!
no-Hi
-1-10-91
4-16-41
4-27-31
35,116,609
18,20»,500
13,317,741
12,563,438
15,613,651
10,994.887
8,093,041
6,19J,147
1,854
22,967, r90
16,811,654
12.190,327
6,856,908
4,788,595
3,531,081
3,228,423
2,172,(193
liOwell
Bedford....
Holyoke
Bng...
Cincinnati
Detroit
Cleveland
Milwaukee
Columbus
Indianapolis
Peoria
Toledo
Orand Rapids
Dayton
KvansvlUe
Youngstown
Springfield. Ill
Lexington
Akron
Kalamazoo
Uockford
Springfield, Ohio...
Canton
Jacksonville,
111....
yulncy
8,Si)0,270
Spokane
Tacoma.
Helena
Kargo
Sioux Falls
Total Paclfio
3,593,428
2,18<,010
2,S41,000
-l-9*j
1,438,79:^
4:29
1,083,617
83»,264,74r
1,458,101
996,31 9
312,483,883
8.605,561,059
6.014,319,879
,
Omaha
Paul
Denver
St.
,
Sioux City
,
,
1,7-*S,185
Orleans
Louisville
,
,
,
Oalveston
Houston
Savannah
Riohmond
Memphis.
Atlanta
Nashville.
Norfolk
Knoxvllle
Fort Worth
1.828.431.208
100,436,880
25,202,428:
28,307,1891
4.449.371
2.383,0)1
8.400,0001
1.947,067
1,867.234
972,080
088 810,938
76.728 515
18.891 077
18,0»-8 988
S.817.814 363 2.980. 434.e»a 4-11-3 8.81 4.«1 1.276 2.824.0.16.^18
-7-!
837,480
845,700
860,000
-14-6
+40-3
[
-f-3
1
-flOO
-18
1
-7-J
— 14-J
-I-4-4
+42 9
388.698
410,939
628,842
351,000
386,173
261,622
249,955
833,853
171,963
800.000
+8 7
107.032.165
177,869,44*
118,226.73e
13.437.80C
7,850.248
10,090,584
8,293,999
5,780,200
+1-7
+318
+8 8
3
+10-7
+10
+3l-t
-J-6
,107,195,660
158.011.978
6,724,030
2.884,500
1,668.448
1.684,098
1,055,777
761, 77C
828.03E
820.00C
+6-9
-1-2
•4-6
3.0H0.03*l.b21,61fc
8
+2i)
+178
1,607.828
88J,977
fc
8^^0.499
-10
-10-7
-20*9
716,285
893.886
437,18"
413,078
407,400
841,500
232.380
223,348
204.498
+6 7
-20'
+161
-2-7
—2'9
+9-4
+39
i
l,96tf,16i-
-f6 3
9
-9-3
1979 936
2,198 891
1,160,086
903,668
674,992
881,400
492,819.04^
1.766,77r
-4-8
8,988.178
8,1(!8,4'.0
8,462,653
1,763.914
1,677,163
1,457,958
1 216,806
874,600
«0«,lg8
844.883
183,608 199
100,740,664
13.488.350
6.289,279
6,993.065
8 814.040
4,537,100
8,897,581
1.801. 18T
1,681 371
8<'3,028
683.750
380 016
815,717
878.018
£84.700
S48.013
146,109
166 898
180.881
180,C'O0
-1-6-8
+5-6
172,413 557
18.460,153
2 303,386
8,103.885
1,703 060
+7 5
+27-0
+0 8
+6 4
+10-4
—110
+45
+83
1,130834
943,246
652,636
449,048
7
—0-4
S;51,123
•f66'9
110,378
+10-8
+83-0
+9-3
88,013,899
10.007.620
9.012 949
6,991 a35
4.872.813
8,166 783
8,000.000
1,175,634
978.818
853,000
370.038
169160 469
14 Oao
1.493
8.830
1,488
818
578
096
448
1,367, 031
766 064
806, 608
400 000
149 8^8
110 ,828
83 904 880
10,780 680
29,888.839
80.103,732
43,224 669
+18-6;
40.867.6781
86.608 4S8
80,138,633
12,435.163,
+44
10,903,804:
-16-81
8,661,000
4,600,000
+177;
80.610.317,
9,674,861
8.438.483:
4.394,700
3,e00,000i
S8.9I7.438
10 480 935
8.283.530
3,838.480
8,881,930
8,807,464
1,006.086
2.708,987
1.670 588
1,440,588
015.887
924.804
613,810
1,010 866
429.844
680.000
12.833,827
9,417,406
6,6*7,886
4,300.772
4.035,168:
8,173.114
1,197.345
693,449
888,791
847,836
441,666
130,000
140.000
+71
+39
i
i
+15"?
+23-4
-1-15
-1-40
+19
-1-9
6
7
r6
+18'0l
+6 4
+17-4
408 983
184,338
189,217
1
8,378,073]
8,778,4061
2,755,70B|
2.2018481
1,438 939
1.836,201
1,881,952
684,157
783,505
039,448
817,000
420.078
403,783
886.000
7
+8 7i
-8*6'
-7-6^
+ 19
+17
+10
+12
8,908454
4
8,461,999
3,131,848
3
1643 415
6
1,380.977
1,181,S50
876,077
+1-9
-303
+10
4
5.SJ.Ort4
+104
2
1,208,507
830,604
592.000
340.603
283.331
+6*
—91+280
—1-5
+47
7,643 147
5.100,685
8.399.511
8,)!1
1.184
1,870.848
1.036 000
1,020 016
798 044
477.708
497.338
17S.178
94 766
82t<.4rO
848S0.717
453 491
£40 000
71490 480
694.182^^
1,816 838.8&5
834 783.017
12,813 8301
7,871.110
1.703.893
688,183,898
18 f 07 712
9,090.C63
1,737,569
8.CCO00O
1,449,083
Hamilton
St. John
608.248
617.548
789.900
Victoria
888,898,
699 783:
813,443
858.681
481.480
624,088
5-<«
87.000.174
Ontslde N. York.
Montreal
Toronto
Winnipeg
Halifax
i^" Canadian lUontlily Clearluit<« on page|'.2(i7.
Table OlearlnKs by Telesraph ou page 'iGT
1898.
83.118.278
15,«99,180
10.381,173
6,027,118
4.363,946
4,669,439
8,8S8,803
1,815.343
834,236
1,083,631
1.069,590
491,231
133.309
164,378
839.779
4,33^,141
2,26i,83I|
2,433,000i
1,630,161
-I-40-2
1899.
-f-14-7
j
822 887
Minneapolis
Wichita
Fremont.
Hastings
Tot. other West.
St. Louis
-(-88 8
125.625.807,
14,848,100;
8,216.472
10,904.009
B.9f9.978
6,000,000
2.776.063
2.045.406
a,823,10s
1,137,405
1,151,837
976,294
1.660,000
8.361.891
2.092.039
861,987
1,595,659
945,439
248.693
Seattle
Topeka
-10
1.096,4991
1.108.9481
989.649;
424,000
818.837
8
—10-2
184,167,641
19.293 307
1 836.365
1.636 887
8.218,687
1.895 807
967,780
1.10 >,807
501,073
249,727
184,389
Lake City
Joseph
Des Moines
Davenport.
-3-8
194,497,676
31,740,858
Kansas City
•+-9-1
-1-83
180 004 822
San FranolBCO
New
-fl91
-fSl
139.618,722
127,741,861
19,495,700
8,936,736
11,594,180
6,628.904
5.500,000
8,638,762
2,188,807
2,878.676
1.339.158
1.087.915
871,671
303,881
488,429
432,295
407,600
375,850
258,912
273,411
820.267
165 433
317,793
Jacksonville
Total Sonthem..
Total all
-1-63-9
-(^15-41
Portland
Fall River
8tf7,534
2.'205,345
-I-33-8
Worcester
Chattanooga
2,'i76,472'
-1-8'
Springfield
Birmingham
Macon
Little Rook
I-11-8
4-14-8(
New Haven
H,101,18l
138,635,833
52,910,144
89,955,208
14,555,850
13,780,217
5,310,136!
3,543,3311
4-5-5
Boston
Providence
Hartford
St.
+-62
80,237,317
20,168,4/6
4,420,883
8.891.096
2,409,637
2,883,701
684.674.148 1.186.626,814
123 399,792
119,714.687
6,6H4.700
6.076,700
2,384,617
8,911,820
1,422,668
1,637,616
1808,739
1,624,763
1,171,083
1,214. 1*20
1,027,078
L098,274
83'<,674
734,884
805,306
611,582
403,878
386,255
438,697
805,326
Aagntta
180,914,044
-0-4
+30
Chester
Total Middle...
New
-(-4S-8
93,'-9W,490
2,563,923
1,085,509
1,483,879
857,198
486,600
293,986
Wilmington
Binghamton
Total
,026.082,652
2.971948
Rochester
Syracuse
8cranton
New
1
43.603 423
18.777 276
9.196,544
4.306.500
4,887.312
4,973 490
3,848 214
8,838,583
8,439,562
1,608,356
1,413,037
948,875
618,800
1,603,000
989,017
736,000
687.740
2,053,546
456,879
408,484
1 1.2^3.323
16,021 .871
7,409,218
8,623,304
4,480,:05
3,70 '.733
-f-22-9
1901.
P. Cent.
1900.
81,186 494
4.823 850
8,606,242
,
Portland
Los Angeles
6,017 161 -13-2
I-15-2
,
Washington
Albany
Salt
5,0:^6,966
4,42'<,893
no
,490,697.895
99,694.264
86.024.481
,
Philadelphia
Pittsburg
Baltimore
Buffalo
Tot. Mid. West'n.
65.488,5:4
7,116,978
7,520,506
6,049,099
8,673,019
8,152,780
8,746,724
2,000,000
7,931
New York
Chicago
1.225 320 -f04
837 ,306 +30-6
6(4 .'-97 •2-2
28^ 770 4-0-e6
10718429,186 7,645,014,098
Y
^1-8
179.319,675
89,719,253
40,785.291
18,381,600
18 963,490
21,2M4,904
17,851,239
10,809,101
11,051,708
7,099,031
6,978,90
4,5e0.89ii
,
all
6,463, .480
4,316 ,096
8,035,,000
1,486 ,286
218,303, 6dO ^-121
8.891,916
8,059.875
Fort
Total
11,237, 799 4-37-3
9,626, ,835 4-144
6,086, 611 —4-1
237,933,060
5,492,68-<
Worth
Birmingham
Macon
-1-9-8
11,853 972
1901.
1898.
706 431 -f7-5
767,081
1.875, 702 + 81
(,230,188,678 5,882,011 464 ^62•7 6,377,417,933 4,229,363,840
Creensburg
Indianapolis
1809.
$
New York
New
P.Gt.
1900.
NO. Ib59
1901.
Vancouver
Total Canada....
07,835,980
,179 878.4 83
I
'689>78.096
86.848 501
•
86.723
878.863
14,549.771
8080 870
1.378.007
1.S81.6A3
438 097
;
THE CHRONICLE.
258
[Vol. LXill.
the industries which have assumed the corporate form, it would become so serious an affair, of
tion of
THE FINANCIAL SITUATION.
Nothing additional has been disclosed this week such wide interest, that in case there was no law
respecting the fraternizing movements in progress be- already existing to reach the situation, one would intween our railroads. Rumors have been abundant evitably be devised.
and worked up with bewildering detail, but there is
The activity of business and still more the activity
very little of a substantial nature that has transpired
supplementing the facts announced in our last and on of Stock Exchange speculation are reflected in a volprevious occasions, except that the plan for financ- ume of bank exchanges for the month of January
been which has never before been approached in the
Southern Pacific purchase has
ing
the
announced. The whole stock market has been country's history. For the first time the total of the
active (the sales on "Wednesday reaching 1,883,812 clearings for a single month has reached and exceeds
thousand million dollars.
a rule advancing, led mainly ten
shares), and
as
In exact figures
the
maintenance
of
pubthe
total
is
for
810,718,429,136.
Latterly
the aggrecondition
by the new
lished rates which our^systems of railroad are getting gate has been expanding with each succeeding
In September the clearings were only
into and the very favorable reports of earnings the month.
making
public.
Hints
in
October there was a rise to
5,626 millions ;
roads themselves are daily
likewise of a complete settlement of the threatened
7,617
millions
;
in
November
to
8,769
millions
the iron and steel trades no doubt also in December to 9,071 millions, and now in January
contributed in considerable measure to the better to 10,718 millions. In other words, since September
Thursday the market received somewhat the monthly total has almost doubled. The same
feeling.
difficulties in
advance movement striking contrasts are presented when comparison is
made with the January results of other years. The
was taken up again.
increase over that month of 1900 is more than 40 per
cent.
put
afloat
been
the
last
few
Of course in 1900 there had been a loss from
stories
have
All sorts of
days concerning a combination, said to be in process the high figure reached in 1899, but even as compared
of formation, between the Carnegie Steel, the Federal with this latter total there is a gain of over 2,200 mil.
In brief, while clearings now for JanSteel, the American Steel & Wire, and other allied lion dollars.
uary
are
affirmed
at
one
time
that
millions, in 1900 the amount was 7,645
Rumor
10,718
companies.
bought out Mr. million dollars and in 1899 8,505 millions; in 1898
capitalists had
certain leading
Carnegie and that an immense steel trust was the figure was but 6,014 millions and in 1897 no more
to be created, including all of the organizations than 4,499 millions.
We need hardly say that the enormous transactions
referred to above, with a capital of several hundred
millions, one report putting it among the thousands on the Stock Exchange account for a good part of
With the close of the week these rumors the great gain in clearings; and yet they do not acof millions.
have contracted as the heated imaginations that count for the whole of it. Stock sales for January
originated them have cooled down until the one find- were in excess of thirty million shares (30,285,055
ing widest belief, and understood as most likely to be shares), being the largest total of any month of any
In January of last year the sales were no more
carried out, is the "community of interest" idea year.
than
our
railroads
have
adopted.
9,843j716 shares. But while this great increase
which so many of
most important
It would seem quite doubtfal whether such a plan in the stock sales has been a
bank exchanges to their
in
swelling
as the "community of interest" idea ever can be ad- factor
of a set-back, but yesterday the
—
—
vantageously used by trade corporations. The situa- present extraordinary proportions, it is evident
tion they hold differs in an essential particular from that the activity of mercantile trade has also
the position railroads are in, and which makes it contributed to the same end. This is made plainly
Leaving manifest when the clearings outside of New York are
out of view State Commissioaers, the roads are being considered. It is found that even in that way there
operated under an Inter- State railroad law and have are handsome gains. Very naturally the increase
their rates substantially regulated by Commission- over last year, with the financial centre eliminated, is
that law.
ers appointed under
Moreover, what much smaller, but the gain amounts, nevertheless, to
they are doing is simply in aid of the execution of over 11 per cent. Moreover, in that case the comparcertain leading provisions of the Inter State statute ison is with the largest January total ever recorded
which the Commissioners have heretofore been unable prior to the present year, for outside of New York
to enforce.
We need not dwell upon this point here, the clearings in 1900 showed no loss, but a gain. To
have
explained
as we
it in a subsequent article.
The state the situation in a nutshell, the aggregate of the
Industrials, on the other hand, start with a very large bank exchanges outside of New York for January
capitalization, and to unite each branch of trade, in- 1901 is 3,317 millions, which compares with 2,980 milcluding its allied industries (like the iron and lion dollars in January 1900, with 2,814 millions in
and wire, etc.,) into a single machine 1899, with 2,324 millions in 1898 and with but 1,910
steel
by any kind of an arrangement which would millions in 1897. Hence it will be seen the ratio of
the
companies represented a single growth is but little less striking than when New York
all
give
would certainly invite public hostility. is included in the result.
head,
There would be no limit in its power to fix
and enforce prices of the commodities which each
The basis for the steady appreciation in the market
If confined to value of railroad securities is found in the increased
class of these combinations controlled.
managed
wisely,
so as to disarm criti- returns which so many of these securities are getting.
a single case, and
cism, it might not excite such general attention as to We have often directed attention during the last two
lead to severe hostile action; but if applied to other years to the new and enlarged dividends which have
The move
classes of trade until it embraced a considerable por- been the feature of this period of time.
desirable
and unobjectionable for them.
.
pEBRUARY
9,
THE CHKONICLE.
1901.]
259
The Bank of England minimum rate of discount
ment is still in progress. The last ten days quite a
number of further additions have been made to the was reduced on Thursday from 5 per cent to 4^ per
The Pere Marquette Railroad, which was in- C£;nt. This reduction was foreshadowed by the gradual
list.
corporated in November 1899, has declared its first decline in open-market rates at London and also by
dividend on
its
preferred stock, namely 4 per cent,
payable February 11.
The Kansas
City Fort Scott
&
the easier tone for discounts at the
Continental censeems probable that the Imperial Bank
now
Germany and
tres.
It
possibly the Bank of France will redividend of 4 per cent on of
its common stock, being the first payment to be duce their official rates. Last week's N. Y. bank statemade on these shares in ten years that is, since 1891. ment was almost as notable an exhibit as was that of
The Reading Company has just increased the semi- January 19. The loans were expanded by $30,440,900,
annual dividend on its Ist preferred stock from 1} to largely because of borrowings for the financing of the
2 per cent ; this places these shares on a 4 per- cent recent railroad deals and also in consequence of placbasis, being the full preference to which they are en- ing time loans on stock collateral, while the deposits
Memphis announces
a
—
were increased by $32,494,500. The cash was augmented only $2,164,000— $1,114,800 specie and $1,048,200 legal tenders and consequently the surplus
March. Altogether with so many roads giving their reserve was reduced by $5,960,625, to $24,838,825.
shareholders larger returns, and with railroad earn- This, it may be noted, is the first important reducCompared
ings at the same time continuing to improve, it is tion in surplus reserve since December 8.
that
an
December
when
bank
surprising
active
with
conditions
speculation at
22,
were nornot at all
higher prices should be maintained at the Stock Ex- mal and before they had begun to be influenced by
preparations for the disbursement of January interchange.
est, the gain in loans has been $84,709,500, in specie
The Pennsylvania Railroad monthly statement of $33,784,000, in legal tenders $14,336,100, in deposits
earnings also furnishes evidence of the remarkable pros- $131,113,100 and in surplus reserve $15,341,825.
The statement is for the Should there be this week an increase in deposits
perity of railroad interests.
month of December, therefore completing the results equal to that sho^n by last Saturday's statement, this
for the calendar year. We gave the figures (as received item would exceed one billion of dollars.
by telegraph late Friday night) in our railroad news
Money on call, representing bankers' balances, has
department last Saturday, but the showing is so
noteworthy it is deserving of more particular men- loaned at the Stock Exchange during the week at 2^
For December the lines west of Pittsburg per cent and at If per cent, averaging 2 per cent.
tion here.
again show a trifling decrease in gross, namely $28,- The slightly firmer tone, compared with last week,
500, but for the lines eist of Pittsburg there is a gain was due to the above-noted reduction in bank rein the sum of $1,199,200 following we may say a serves and also to indications of a somewhat unfavorgain in 1899 on these same lines of $880,700. In the able bank statement this week, the interior movenet earnings there is an incn ase of $834,500 on the ment being lighter and Sub-Treasury operations
Eastern lines, offset by a decrease of $260,700 on the showing loss of cash to the banks. On Monday loans
Western lines. However, it is the results for the cal were made at 2^ per cent and at If per cent, with the
endar year to which more particularly we want to bulk of the business at If per cent. On Tuesday and
direct attention. For the twelve months the increase on Wednesday the transactions were at 2^ per cent
in gross on the Eastern lines has been no less than and at If per cent, with the majority at 2 per cent.
and on the Western lines $3,084,- On Thursday and on Friday loans were at 2|
$12,653,200
making
together
800,
$15,738,000, while in the net per cent and at 2 per cent, with the bulk of
there is $7,158,100 gain on the Eastern lines and the business at 2 per cent.
Banks and trust
$349,400 gain on the Western, or $7,507,500 together. companies have loaned at 2^ per cent as the minNor does this by any means cover the entire Pennsyl- imum, though many of the down- town institutions
If the roads controlled but separately have obtained 3 per cent.
Time contracts are more
vania system.
operated, like the Philadelphia Wilmington & Balti- firmly held, and while the offerings are less liberal the
more, the Northern Central, etc., were included, sev- demand seems to have abated, indicating that commiseral millions more would have to be added to these sion houses are moderately well supplied with money on
increases.
Iq the following we furnish a six-year time. Rates are 3^ per cent for thirty to ninety dayp,
comparison for the Eastern lines the only portion of 3| per cent for four to five months and 3^@4 per cent
the system for which we have the data for such a for six months on good mixed Stock Exchange colcomparison.
lateral.
There has been a smaller inquiry for commercial paper this week, not only from city but from
Limta babt of
1000,
1899.
1898.
1897.
189&
1895.
PITT8D0BO.
inland buyers, and some of the local institutions seem
December.
I
to prefer to make collateral loans rather than to buy
Oross earnlnKB.... 7.816,904 6.617,701 6.737.004 5,617.804 6.102.800 6,630,604
The supply is only moderate
Operat'g expenseB 4,806.807 4,680,607 4,084,707 3.053,507 3.554,107 3,W.S9.907 paper at current rates.
Net eariilngg..
and quotations are 3^ per cent for sixty to ninety
2,087,197 1,702.897 1.664,297 1.638,197 l.e9<) 607
Jan. 1 to Dec. 81.
day endorsed bills receivable, 3A@4 per cent for prime
The
Louis
& San
Francisco instead of the
1 per cent paid on the second preferred stock last
September will pay 1^ per cent on this stock the coming
titled.
St.
—
—
—
Gross earnlnss. . . 85.6T6.91S 78.928,718 65,608,612 H4.223.012 82,096,576 64,627.177
Operat'g expenses 56,873,360 50,778,250 44,043,760 48,691. 250|43.S92,80- 44.014,819
Not earnings..
29,3C2.66S
2,144,462 20,669,802 i0,531,762 ^8,20i,76^ 19.632,i6:)
,
and
5 per
cent for good four to six months single
names.
be seen from the foregoing that the increase
As above noted, the Bank of England this week rein gross of $12,653,200 on these Eastern lines for
duced its minimum rate of discount from 5 percent,
1900 follows $7,319,100 increase in 1899, so that in
at which it had stood since January 3, to 4^ per cent.
the two years the addition to the gross revenue has
The cable reports discounts of sixty to ninety day
been just about 20 million dollars.
bank bills in London 3|@3i per cent. The open
It will
@
.
THE CHRONICLR
260
[Vol. LXXII.
market rate at Paris is 2^@2f per cent, and at Berlin 4 83i@4 83^, cotton for acceptance 4 83|@4 84 and
and Frankfort it is 3i@3f per cant. According to grain for payment 4 84@4 84^.
our special cable from LDndon the Bank of England
The following gives the week's movements of
lost £35,793 bullion during the week and held £32,money to and from the interior by New York banks.
627,485 at the close of the week. Oar correspondent
further advises us that the loss was due to the export
of £10,000 (sold in the open market), to shipments of
£146,000 net to the interiar of Great Britain, and
to imports of £120,000, of which £96,000 were bought
in the open market and £25,000 came from the Oape.
The foreign exchange market was quite strong on
Monday in response to a demand to remit for secursold for
ities
European account, and
it
was
also
by a scarcity of bankers' bills, while the
market was almost bare of commercial drafts, especi-
affected
drawn against cotton. Easier discounts in
London and some speculative selling in anticipation
of a reduction in the Bank of Eagland rate of dis.
count, caused the market to grow easier thereafter,
and on Thursday it was weak on the announcement
It was also affected
of the reduced Bank minimum.
by the absence of demand, though there was some
ally those
inquiry for cables for next week's semi-monthly settlemeat in London. No gold was shipped to Paris
week, and it is regarded as unlikely that exports of the metal, at least to that centre, will soon
be resumed. Gold received at the Custom House for
the week $77,151. The Assay Office paid $636,716 25
this
for domestic bullion.
Nominal rates for exchange were generally advanced
early in the week to 4 851 for sixty- day and 4 89 for
sight, but on and after Thursday they were reduced by
some of the drawers half a cent. Eates for actual business opened on Monday at an advance, compared with
those on Friday of last week, of one- quarter of a cent
all
84|@4 85
89@4 89^ for
around, to 4
short and 4
for long, 4
88i@4 88^
expectation then of an export of
the lowering of the price of gold bars at the
of
England to 77
tended
for
There was some
gold to London, but
cables.
shillings
9
pence
per
Bank
ounce
to raise the gold- exporting point for sterling,
and consequently no gold was engaged. The tone of
the market was strong, but it grew easier on the following day, and on Wednesday rates for actual business were reduced one- quarter of a cent, to 4 84^
4 84f for long, 4 88@4 88i for short and 4 88|@4 89
On Thursday the market was weak durfor cables.
ing the day, closing steady, and rates were onequarter of a cent lower, at 4 84:J@4 84| for long,
4 87|@4 88 for short and 4 88^ @4 88f for cables.
The tone was steady on Friday. The following shows
daily posted rates for
exchange by some of the lead-
Week Eniint Feb.
Oorrenoy.
Sold
Total gold and legal tenders.
18.881.000
18.147.000
2,673,000
1.431.000
Gain. $6,077,000
Gain. 1,341,000
110.896.000
14,678,000
Gain. 16.818,000
Kesult with Treasury operations
Week Ending Feb. 8,
(60 days,
{sight....
MagonnftCo..
Bnnk
British
No. America,.
Bonk
of
Montreal
Canadian Bank
of Commeroe.
Hsldelbaoh, lok
elhelmer
&
5
60 days.
1
Sight....
<
60 days.
I Sight...,
t
60 days
)
Sight...
<
60 days
\
Sight...
J
60 days
Co. (Sight...
LazardFrerei...
Merohante' Bk.
of Canada
560 days
}
:
Out Of
Bankt.
Into
1901.
Bankt,
Banks Interior movement, as above
Sub-Treasury operation s
Total gold and legal tenders
The
81.800,000
188.096,000
$26 278,000
Gain. $6,818,000
amount
of bullion
European banks.
Feb.
Bank
Holdinfi.
Gain. $6,818,000
Loss.
600,000
following table Indicates the
in the principal
Net Ohanoe in
Bank
»4,678.000
21.700.000
110,896,000
7,
1901
Feb.
8. 1800.
of
Gold.
Silver.
Total.
eold.
X
a
S
ngland
Silver.
Totoi.
t
Knssla
A.as.-Hang'y.
Spain
33.637,485 85.516,846
32,627,485
86,616,846
95,195,435 43.983,161 139,118.596 76,003,717 45,750,311 181,763.023
28,863,000 14,559,000 12,821,000 26.897,000 13.866,000 40,763,000
78.770,000 6,593,000 80,363,000 84,794,000 5,875,000 90.669,000
88,490.000 10.225.000 48.715.000 37.885.000 8.976,000 46.881,000
14,001,000 16,678.000 80.579.000 13,600,000 14,820,000 28,420.000
Italy
15.644,000
1,811.000
17,385.000
15.412,000
1,608,000
16,918,000
5,028.000
5,6:0.000
10.698,000
4.627,000
6.001.000
10,633,000
3,914,000
1,457,000
4,371,000
3,017.000
1,508,000
4.623,000
(Tranoe
Germany
Netherlands..
i^at. Belg'm..
rot.thlB week 305,831,920 100818161 408.678.081897.750,982 98,892.311 386,018,878
rot. prev. w'k S04.651.489 100568947 405.128.388 297.758.259 97,615,385 885.871.644
CHARACTER AND PERMA NENCY OF RAILROAD COMPACTS NOW BEING MADE.
The changes
between our
in
the
relations heretofore existing
systems are becoming every week more interesting. Recent events are
introducing a wholly new state of things.
The first
beginnings of the movement were comparatively inconspicuous affairs, consisting of purchases of stocks
by large systems in near-by companies of lesser importance, followed by admissions of representatives
of the new purchaser into the directorate of the affiliated properties. From that the idea has grown until
a consolidated stock ownership has as a rule been estab1 shed in almost all trade localities, while a controlling interest in some of our largest railroads has been
transferred to other systems of like standing, and
rumor says that many more similar changes are in
prospect.
The railroad field, which is consequently
covered by this harmonizing movement, embraces
the Trunk lines, the Anthracite Coal properties, the
Southern systems, the great Pacific roads in fact
the whole railway network of the United States, except perhaps the section in the Middle West, which,
if reports can be believed, is also nearing a similar
various railroad
—
Assuming then the purpose
BHTlDg,
Net Interior
Movement.
N. T. Banks. N. T. Banks.
situation.
ing drawers.
Brown Broi
Shipped by
Received bv
8, 1901.
Sight...
<
60 days
\
Sight...
FBI.,
Ftb. 1.
MoN..
Tubs.,
W«D..
THtJB.
FBI.,
Ftb. 4.
Feb. 5.
Feb.
Feb. 7.
reb. 8.
4 85
4 89
4 89
4 88«
4 85
4 88^
4 8S
4 88«
4 86
4 88«
4 85
4 89
4 85i<
4 89
4 85
4 88«
86^
69
86
£9
89
85
89
86H
(:9
86H
89
11^
89
89
i«
8BM
89
86
8»
85
to the traffic to be carried
85H
89
85
89
lE^
88K
88!^
8S
89
85
89
65
89
e5x
86Ji
e5«
89
89
89
i§«
89
88Hi
iE«
85Ji
8S»
88H
(5^
89
88>i
b5^
it
member
r««
f^
everywhere attained,
e5
85
88>i
89
8B«
85«
6.
88Ji
88!^
86>«
is
in
view to have been
the part of
wisdom to
re-
that the closer union secured will not in the
aggregate add a ton of freight or a single passenger
by our roads.
That
state-
ment does not prove that the gross and net earnings
will
not be increased.
It is of interest,
though, be-
cause the development of income by reason of these
arrangements will not be sudden, but in most cases
quite gradual,
and additional dividends not reached
85«
f^
S9
89
89
immediately. In other words, no miracle is being
The market closed at 4 84i@4 84^ for long, 4 87| worked.
All that will be gained, if the end sought
@4 88 for short and 4 88i@4 88f for cables. should be attained, is an opportunity for each prop*
89
Commercial on banks 4 83f @4 84 and documents erty to secure a material development of income
Cotton for payment, the district which it drains develops.
4 83^@4 84^.
for payment
What
as
is
February
THE CHRONICLE.
9, 1901.]
not higher rates but stable rates, and the
addition to income thereby obtained will arise wholly
from the saving of the losses heretofore accruing
sought
is
from cuts and
rebates.
We do not mean there is to be no other addition to
the roads' revenue to be anticipated. Any device or
system which tends to remove railroad contentions,
261
obvious and unmistakable. Of course
they will not. The purpose of the action the roads
have taken is to cure a practical defect in the execuIn fact the design and
tion of the Inter State law.
the question
is
object of the arrangements being entered into by the
agency for building up
or pulling down general business is to turn to our
article (see Chronicle Jan. 19 1901, pages 111 and
112,) on railroad gross earnings for the calendar year.
simply to get in position to have the law
One of the most important of its proenforced.
is
that
which forbids the payment of rebates ;
visions
another is the one that requires rates to be uniform.
The roads are seeking to have these provisions executed to compel obedience to them. Hitherto the
Commissioners have found it impossible to enforce
them. This failure has been due mainly to the
difficulty of securing legal proof of the payment of
rebates, although known to be a wide and constant
practice.
Hereafter the roads will stand guard over
these provisions and see that they are enforced accord-
He
ing to their letter and spirit.
and so helps to make our railroad interests more continuously prosperous, would of itself be of immense
advantage to those interests. We hardly need say
that railroad operations are the largest single factor
among the causes acting at any time to suppress or
to advance industrial activity.
realize the
magnitude
All one has to do to
of this
will there see that the increase in
the gross earn-
roads
is
—
ings of the roads given for 1901 was $99,599,831 over
1899, and for 1899 it was $114,562,936 over 1898— that
two years an increase of $214,162,757; or if
all the roads in the country could have been included
in the total for those two years, the increase sho\^n
would have probably reached $265,000,000. Rememl er
that all of this has been added to railroad expenditures in one way or another, and the most of it has
gone for material, for work and for wages, and is consequently a leading explanation for the extreme inIt therefore becomes
dustrial activity of to day.
evident that if by means of the harmonizing moveis,
ment now
in progress, railroads
shall
fewer and less extreme
depressions in their income, and fewer and less extreme
from rate wars, there
will be
In view of the invariable failure of
rangements made by railroad officials,
naturally suggests itself whether the objects sought
will in this case be attained.
No one who has followed the course of the present movement can hesitate in concluding that to-day's effort affords a far
better hope of success than ever attended any previous attempt to harmonize the management of our
roads.
Of course the present alliance differs somewhat in different districts, and is not everywhere in
details
fully
correctly understands
disclosed.
its
sympathy with the AdministraCongress to act, this session, in
the matters both of Cuba and of the Philippines.
The President's position is in the highest degree unpleasant.
He is forced to exercise powers which are
largely autocratic and hence unpopular, and yet
which he did not demand, and of which he wishes
to be relieved.
Ordinarily the legislative body would
be quick to insist at the first opportunity that
the Islands be re committed to its
In this case Congress is deliberately trying to
avoid such a shifting of responsibility. It has been
for
hand.
Still,
if
the public
terms and the new situa-
both directions may be imperatively required before
long lends point not only to the Administration's appeals to Congress, but to the intimation that an extra
session
ing in
a colonial
government
is
at a time
when the
deliberating whether or not
a right to establish such a government.
It
true that the case of the Philippines does not in
this
each of which the operating force, if
not seeking to grab all the business it could, was at
least animated by the determination not to lose a
pound of freight from shippers it had been holding
if it could hang on to it by hook or by crook.
Their
interests consequently were in direct opposition to
the official agreement. Now there is no agreement,
but the accord rests on the condition that the
majority of stockholders is the same in each
case.
Opposing interests are consequently elimin
ated.
In such a situation no desire could exist to
get freight at the expense of income.
Whichever
road secured business at a lower than tha advertised
rate would cause the majority stockholders having an
interest in both to suffer in both.
Another very natural inquiry has also been raised,
that is,whether the Inter-State Railroad Commissioners
The answer to
will not antagonize the movement.
them
tribunal of last appeal
very materially from every other attempt in
securing accord in action. Heretofore officials were
the agreeing parties, officials representing different
necessary.
we have
is
differ
may be
In at least one respect the present relations of the
United States to the Philippine Islands constitute an
anomaly in the history of nations. We are establish-
tion they are instrumental in bringing about, these
properties, in
feel entirely in
making no preparations to consider and pass on the
Cuban Constitution when that document is ratified by
the Island convention, and it is not moving in the
all other arthe question Philippines matter. The fact that some new step in
general business prostrations.
its
We
tion in its appeal to
gain greater provision
steadincBS in rates and not suffer as they have in the past
all
CONGRESS AND THE ISLANDS.
for the
regard differ from that of Porto Rico. But
general conditions in the West Indian island at the
time its new framework of government was erected,
were peculiar In that the new experiment was not
opposed by the people. There was, for this reason,
no
the inauguration of the new
government, which could be quietly modified if the
Supreme Court should decide against it into a shape
real
obstacle
to
conformable to the rulings of the Court.
It is needless to point out the great difference in the
Philippine situation in these directions. This difference, we think it fair to say, is one strong reason for
Congress's hesitation to frame for the islands a formal
civil government.
For if a civil government on the
strict colonial pattern were established, and the
Supreme Court were then to decide that Congress had
no right to go further than it does in the case of the
mainland territories, the situation would not by any
means be as simple as that of Porto Rico. People of
all shades of opinion on the general question of the
Philippines agree on one point, that the natives are
THE tHRONICLE.
262
body of United
Admission of the Porto Eicans to the
inherent rights of American citizens would at least
involye no greater strain than the admission of the
emancipated slaves under the Fifteenth Amendment. Bat admission of the conglomerate mass of
native Philippines, in all stages of development from
absolute barbarism to intelligent civilization, is so
not, 80 to speak, assimilable to the
States citizens.
a proposition that
different
it
is
simply dismissed
from the popular mind.
Nevertheless, there are and have been several good
reasons for immediate legislation by Congress in this
matter.
One is the habitual and perfectly proper dislike of our people to a wide
and undetermined exten-
sion of the Executive's power.
ecutive's
own
The other
is
the Ex-
and equally natural dislike to be charged
with duties or responsibilities which are not defined
by law, and for the misuse of which, even with the
best intentions, the severest blame would be incurred.
On the whole, the second of these two motives is the
stronger as may be judged from the fact that while
Mr. McKinley has asked Congress to take the initiative in this matter. Congress has repeatedly refused to
do so. Even so simple a measure as the Spooner bill
submitted a year ago providing that when all insurrection shall have been suppressed, **all military, civil
—
—
and
judicial
powers
necessary to govern the said
islands shall, until otherwise provided by Coagress,"
rVOL. LXXII.
submission, to be assured of a share in their own
government, subject to American sovereignty. The
fact would still remain that they have no valid assur-
ance of such a government. It is true that the Taft
Commission has formulated a scheme of government
under which the Filipinos would have a large share
in local administration.
true, also, that
the
President has endorsed this plan and has ordered its
partial application through his military representatives; but the Filipinos would be quite warranted, in
the light of the Constitution, in asserting that the
It
is
President has no more final right in decreeing the
nature of the government than the Taft Commission
has, and the Commission no more than a private individual.
The average American citizen takes it
pretty much for granted that if limited government
is adopted for the Philippines it will be on the lines
recommended by the President; but the Filipinos are
hardly to be blamed for looking suspiciously at the
situation, especially when Congress has on each occaformal endorsement to the President,
even to the extent of authorizing what he has done
already.
Certainly there would appear to be some
apology for a member of a remote community and an
alien race if he inferred from this procedure that
Congress did not propose to adopt the programme of
Mr. McKinley.
It seems to us that there is more importance in this
sion refused
its
be vested in such persons and exercised in such man- phase of the situation than has been commonly atner as the President shall direct was laid aside. In tached to it. We think, therefore, that it would be
effect. Congress announced that the suppression of the very unwise for Congress to adjourn without putting
levolt was the Executive's business and the de- itself on record in the matter, at least in the very
ciding on fundamental rights the business of the guarded language of the Spooner bill. Nor is this
Supreme Court. It withheld any authorizing grant, the only practical disadvantage of the existing situa-
—
Judge Taft, in his letter cited by the Presithe time under the vague "war powers" of the Presi- dent last month, points out what, in his judgment, is
an even more grave embarrassment. Until the pasdent.
As we have seen, there is some excuse for this policy sage of the Spooner bill, the Chairman of the ComBut there is also reason in the Presi- mission positively declares, "no purely central govof Congress.
dent's recent strong appeal to Congress, when he de- ernment can be established, no public franchises of
clared, in a special message, that he ''earnestly rec- any kind granted, and no substantial investment of
ommended legislation under which the government of private capital in internal improvements is possible."
and
left
the whole
the islands
may have
situation to be
dealt with for
authority to assist in their peace-
development."
In enforcing this
quest, the President cites the Secretary of War's
ful industrial
rere-
port to him that the Philippine situation now " re.
quires the exercise of powers of civil government not
vested in this Department, or in you as military commander, but requiring a grant of authority from The
Congress."
What Mr. Root means
is
perfectly clear.
Military government and military occupation are substantially the
same thing.
Both presume
in theory a
tion.
When
to the obstacles to peaceful readjustment aris-
ing from this confused position are added the suspicion and uncertainty caused by the refusal of Congress to take formal legislative action,
it is
scarcely
wondered at that the peace party in the Philippines makes such slow headway.
As for the bearing of the Supreme Court judgment
on the permanency of Congressional action, it must
be kept in mind that the dilemma possibly to be
created would differ little under a Congressional act
from what would exist under the present military
to be
immediately consequent
If the Court decrees that Congress has
Such government may be humane and government.
on war.
broad-minded, like Lord Roberts's recent administra- the right to provide as it chooses for the government
tion of the South African States.
It may even, like of territories, there will be no change in the situation.
General Wood's military government of Cuba, have If it decides that the principles applied in the governall the forms of civil administration.
But it is never- ment of the inland territories, with their complete
armed force ; its traditional self-government subject to Federal authority, must be
theless a rule by
meaning is subjection, and it is not to be wondered applied to outlying island possessions, then, we should
at that all independent-spirited people should chafe say, the alternative would merely be that the Filipinos must, in one way or another, have more civil
uader it.
Moreover and this in the case of the Philippines rights than are at present proposed for them. In
a military other words, there is little or no danger that Congress
is the most serious element in the case
government without such public pledges as will show will promise now what it cannot, after the Supreme
In fact, it really promises
Court's verdict, fulfill.
it to be temporary and preparative, is apt to defeat
Let us suppose, what may or may nothing except a government by something else than
its own purposes.
not be true, that the insurgent Filipinos were merely military power, and it could hardly in any case
standing out on the ground that they wished, before promise less than that.
state of war, or the situation
—
—
J
February
tHE CHRONICLE.
9, 1901.
dealing with the development of the Southern Pacific
system, to which we shall refer further below.
THE SOUTHERN PACIFIC REPORT.
Owing
em
to the fact that the accouats of the
263
The
South
not claim to have mastered or studied
an independent
audit, which has taken a great deal of time, and to
the further fact that Mr. William Mahl, the efficient
and painstaking Comptroller of the company, has
been sick with an attack of typhoid fever, the annual
report for the fiscal year ending June 30 1900 has
been very much delayed. It comes now, however, at
a time when unusual interest attaches to the company's affairs by reason of the change of ownership
which has just occurred.
The Southern Pacific report is among the most
elaborate and comprehensive reports that reach the
Editor's desk.
In the wealth and mass of details
which it furnishes, covering all the various lines of
the system, and all branches of the service, it is unrivalled.
It embraces over seventy pages of matter, the
pages being folio size, too.
In J. Shirley Eaton's recent work on "Railroad Operations, How to Know
Them from a Study of the Accounts and Statistics,"
the author opens his book by referring to Mr. Mahl,
and he quotes with approval Mr. Mahl's description
Pacific have been subjected to
we canthe details.
report reaches us late in the week, so
all
fairly thorough examination
upon
the mind is that of vastof the report leaves
ness and of efficient and economical management.
Bearing on the latter point, it will not escape notice
that a further addition of 32 tons was made during
The impression which
the year to the average train load, bringing the average per train mile up to the high figure of 295 tons-
Mr. Mahl makes a distinction between what he calls
As we explained
the train mile a,nd the traffic mile.
last year, in the case of the train mile the mileage
made by
trains having a full train
crew
is
in the case of the traffic mile the divisor
the divisor;
enlarged
by adding the mileage of locomotives helping the
The distinctrains or running light over the road.
is
an important one, but even on the basis of the
traffic mile the average load is, roughly, 242 tons. The
rates realized are not high, considering that large
parts of the system run through sparsely- settled sections of the country; the average for the late year,
though a trifle better than in the preceding year, was
of statistics as the method of disciplining a property. only 9-57
mills
per ton per mile.
The heavy
The purposes and use of statistics which this descrip- train loads, however, enable the company to obtain
tion indicates, Mr. Mahl has always kept before him excellent results from the service, the trains having
in dealing with the affairs of the properties with earned $2 51 per freight train mile in the late year,
which he has been connected; and in the case of the showing an increase of 18 cents over the earnings of
Southern Pacific reports of recent years the work has 1898-9.
been carried to a stage and applied with a vigor which
In the matter of mileage and earnings, the figures
has few parallels. It is not often the thought sug- are of large magnitude. The statement at the begingests itself in connection with a report that possibly ning of the report shows 8,206 miles of road conit may contain more details than the ordinary reader trolled.
But this does not include the Houston &
The matter in the Southern Pacific re- Texas Central, the San Antonio & Aransas Pass and
cares for.
port, however, is so carefully and skilfully arranged some other roads.
Including these, aggregate length
that any part not desired can be passed over. To the of road is raised to 9,443 miles. The gross receipts
student of railroad affairs and to all those desirous of of the combined mileage were over 75 million dollars
having the bottom facts, such extended and compreBut the most striking fact is that
$75,163,596.
hensive analyses as Mr. Mahl presents are incalculably over and above all charges and operating outlays there
useful.
was a'surplus of $7,768,289. This is independent of
well-defined
purpose
can
A
be seen running through the receipts from land sales and profits from bond
the pages of the report. As is well known the South- disposals, which, if added, would swell the amount to
ern Pacific comprises a large number of properties, over nine million dollars. Almost 3i million dollars
operated under differing conditions, so that it is rather ($3,497,813) was appropriated for betterments and
After allowing for
difficult to present aggregate net results, in con- additions and for new equipment.
densed form, in such a way that to the ordinary reader this and some other items, a credit balance but little
the showing for all the various properties will be short of five million dollars ($1,963,785) was carried
Recognizing this difficulty and peculiarity, to profit and loss. As showing the extent of the comobvious.
the Chairman of the Board of Directors in his remarks pany's operations, it is perhaps well to refer to the fact
undertakes to show the summarized results and trans- that in round figures 11 million dollars ($10,934,846)
actions of the properties as a whole. If these are suffic- was spent on capital account for the construction of
ient to meet the wants of the inquirer, he need not go new lines, etc.
This is in addition to the 3^ millions
beyond that part of the report. On the other hand, in devoted to betterments and additions.
the extended series of tables compiled by the CompThe year was a very eventful one. It marked not
tion
is
—
troller,
the object
is
to
show the
only the absorption of the Central Pacific (after its
indebtedness to the U. S. Government had been readjusted), but also the acquisition of the shares of
the Oregon & California and the purchase of the
details for each sepa-
rate property, with the view to furnishing the holders
of the securities of the constituent
companies
full in-
formation as to the earnings, etc., of the particular
company or companies in which they may be interested.
The tables are all numbered, and in the Chairman's remarks they are referred to by these numbers,
Carson & Colorado, the Galveston Houston & Xorthem, the Houston East & West Texas and the
Houston & Shreveport. This was in pursuance of
making it easy to use any particular table. Accord Mr, Huntington's plan of ''rounding up" the system.
ingly the two parts of the report can be used either How well this work had been done at the time of
separately or conjointly.
On the whole the scheme is his death will appear when we say that on June 30
an excellent one. A new feature this time is a table
showing the receipts and expenditures on capital account statements not often incorporated in railroad
reports.
Another feature is a series of diagrams
—
j
j
1900, out of $291,273,572 outstanding stock of the
companies, $289,607,069 was owned by
the Southern Pacific Company and $345,000 more
was owned by Morgan's Louisiana & Texas RR.,
proprietary
THE CHRONICLE.
264
whose stock
is
owned by the Southern
principally
Pacific.
We have referred to the diagrams introduced by
Mr. Mahl to show the development of the Southern
Pacific.
These are carried back to 1885, the date of
the company's commencement of operations. They
are extremely interesting.
In the showing of "Passenger Traffic" we observe (what is doubtless true of
As
[Vol. LXXII.
far as the shipments by the different routes are
concerned, the variations from the percentag;es of the
previous year have not been important. There was
comparatively little friction among the different interests in the trade.
The trend of events was
towards harmony. This was emphasized by the action
of Mr. J. P. Morgan in December in purchasing the
Pennsylvania Coal Company for the Erie, and thus
practically all railroads) that the service to the public upsetting the scheme of the independent coal operators
in train and car mileage was always in excess of the for a new line to tidewater antagonistic to the interests
travel.
Here, it is thought, an important item of of the existing roads. In January 1901 the policy of
saving is made practicable by the "community of harmonizing and solidifying the trade was carried a
ownership" principle which is obtaining among the step further, when Mr. Morgan made another pur-
Freight Traffic the chase, this time the Central of New Jersey, which
diagrams make it clear that the company has kept was then turned over to the Reading Company. In
abreast with the best practices in that the propor- the following we show the shipments by each of the
tionate addition to train and car mileage has been principal interests.
1897.
1898.
1899.
1900.
much below the increase in train mile.
P. C.
Ton?.
Tons.
P. C.
Ions.
P. C.
Toiia.
P. C.
In the
railroads.
showing of
f
ANTHRACITE COAL PRODUCTION IN
1900.
According to the official figures, the anthracite
coal shipments to market during the late calendar year did not equal those for the preceding calendar year.
This, however, can occasion no surprise,
considering the
stoppage
at the
mines
during September and October caused by the
miners' strike. Up to the first of September
production had run considerably ahead of the corresponding period of 1899, there having been indeed
only one month when the shipments fell below those
for the same month of 1899.
For the eight months
to August 31 about 2^
million
tons more of
anthracite
came forward than in these eight
months of 1899. This increase was the more noteworthy as the winter of 1899-1900 had been a mild
one, diminishing the
demand
for coal for family use.
But the high prices ruling for bituminous no doubt
furnished some opportunities for displacing soft coal
with hard
The
coal.
falling off in
the output, therefore, followed
from the strike. This disturbance began on
September 17, and quickly extended, until by the end
of the month practically the whole anthracite region
and
about 140,000
was involved,
men were
idle.
Work was not resumed until Monday October
29th, the miners getting 10 per cent advance
entirely
,
,
.
Reading
9,338,517 20-70
Lebigh Valley. 6,909,444 15-33
9,683.503 20-32
7,587,932 15-92
Central N. J.... 5,309,856 11-77
Del. Lack. & W. 6.013,819 1333
5,392,530 11-31
6.372.401 13-37
Del.
& Hudson.
3,973,859
8-81
4.133,459
8-67
,
,
.
,
3.219.814 19-62
6.885,57? 16-43
4,626.388 11-04
8.395.411 20-16
6.425.227 15-43
4.730,860 11-36
5.795,540 13-83
3,891,246 9-29
5,690,684 13-67
3,921,665 9-42
Pennsylv. RR
5,169,917 11-46 5.159.102 10-82 4,801.349 11-46 4,767,536 11-45
Pennsylv. Coal 2,090,153 4-64 2,347,081 4-92 1.854,516 4-43 1,777,842 4-27
.
Erie
N. T. Ont.
Del. Susq.ft
N. Y.
1,741,069
3-88
1.949,876
4-09
1,596,639
3-81
1,669,579
4-01
1.658,456
3-68
1,891.478
3-97
1,371.592
3'27
1.620.221
3-89
Sch 1,668,488
3-48
1,694,467
1,454.374
3-56
1,555.429
3-71
1,324.086
3-18
3-05
1,301,763
3-11
1,314.755
316
& W.
Susq.&W.
Total
1,333.848
2-95
45,107,486 100-0 47,665,203 lOO'O 41.899,751 100-0 41,637,866 100-0
With reference to the prices realized for coal, some
improvement has occurred. The strike made possible, and the advance in wages made necessary, an advance in prices. While the strike was in progress
the companies had no coal to sell except in a limited
way.
At retail very extravagant figures were paid.
Wholesale prices, of course, show no such extremes.
Beginning with $4 15 in January, the price of stove
In June
coal by April was down to $3 60@3 75.
the
with
trouble
there were indications of possible
miners.
In July the companies issued a new circular
in which the various grades were advanced, stove
being put up to $4^00 per ton; but this circular
was not closely adhered to, and sales subsequently were made as low as S3 70 per ton. Duringjthe strike
As a matter of
the circular remained in effect.
however, the companies had very little coal
After the strike new
to sell, as already stated.
tidewater prices were announced, which for stove
were fifty cents above the circular for July, bringing
fact,
the price up to $4 50. Tidewater stocks of course,
up- as might be supposed, are practically exhausted. A
heaval and stoppage of production, the shipments year ago these stocks were 350,965 tons, and on Januto market in September were only 2,959,550 tons,
ary 1 1899 the amount was 706,659 tons.
against 4,502,880 tons in the same month of the previous year, and the shipments in October but 813,531 ITEMS ABOUT BANKS. BANKERS AND TRUST GO'S
tons, against 4,899,303 tons.
For the two months, it
—The auction sales of bank stocks this week aggregate 233
in
wages.
As
a
result
will be observed, the loss
of
was over
this
5t^
labor
million tons.
In
Transactions in trust company stocks reach a total
of 42 shares. No dealings in either class were recorded at
the Stock Exchange. American Exchange National Bank
shares.
consequence of this loss aggregate shipments for the
year were only 45,107,486 tons, against 47^665,203 tons
stock has further advanced in price to 2iS^4, comparing with
in 1899, notwithstanding the increase the first eight
235} 8 last week and 215 early in January.
months. In the following we show the yearly totals Sharf.
LaBt Previous 8aU,
Price.
Bauks—New Tork.
235i8
back to 1873.
Year.
1900
1899
1898
1897
1896
1895
1894
1893
1892
1891
1890
1889
1888
1887
Tons.
Year.
45,107,486 1886
47,665,203 1885
41,899,751 1884
41,637.806 1883
43,177,483 1882
..46,511,477 1881
41,391,200 1880.....
43,089,536 1879
41,893,320 1878
40,448,336 1877
35,855,174 1876
35,407,710 1875
38,145,718 1874
34,641,017 1873
Tons.
32,136,362
31,623,529
30,718,293
31,793,027
29,120,096
28,500,017
23,437,242
26,142,689
17,605,262
20,828,179
18,501,011
19,712.472
20,145,121
21,227,952
10
41
40
15
Exchange Nat. Bank....
Butchers' &Drov*s' Bank, Nat..
A.mer.
Bank, Nat
City Bank, National
4 Commerce, National Bank
10 Corn Exchange Bank
Citizens'
of..
—It was noted
96I3
ISl^s
528-529
321-324ia
385
5 Importers' & Traders' Nat. Bk.
20 Irving National Bank
4 Market & Folton Nat. Bank
54 Mechanics' & Traders' Bank..
30 Mercantile Nat. Bank
Tedst Companies—ifew
16 Atlantic Trust Co
8 North American Trust Co
18 United States Tiust Co
248%
640^4
190
252 V4
106»«
225
Forifc.
230
23538
1660
Jan.
JanJan.
Jan.
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Jan.
1901—
1901—
1901—
1901—
1901—
1901—
1901—
1900—
1901—
1901—
1901—
94
150
533
325
380
635
185
250
106
224J4
1901— 22038
1901— 232
Nov. 1900— 1633
week that an ImJan.
Jan.
in this department last
ukase had been issued exempting foreign holders of
Russian 4 per cent rentes from all taxation on the income
derived from these securities. The Ruesian Embassy at
perial
:
February
9,
THE CHRONICLE.
1901.J
Washington has this week published the text of the abovementioned ukase. The Emperor deemed it proper that the
foreign holders of the 4 per cent bonds should be placed upon
the same footing as the holders of the Government loans
circulating in foreign markets, which loans are exempted
from the tax. The Russian Minister of Finance, in ful-
265
Seventy per cent of the new stock will be
taken by the Central Realty Bond & Trust Co.; the Equitable Life Assurance Society; Jimes Stillman, President of
the National City Bank, and other capitalists, at its book
value of $174 per share. The remaining 30 per cent will ba
allotted to present stockholders of the Lawyers' Title Insurfilment of the Imperial order, has given notice tbat ance Co. The new interests in the latter company will be
holders of these 4 per cent rentes who are neither Russian represented in the directorate by Henry Morgenthau, Pressubjects nor resident in Russia may be exempted from the ident of the Central Realty Bond & Trust Co.; James H.
payment of the income tax by depositing their holdings in Hyde, Vice-President Equitable Life Assurance Society;
certain designated banks and having the interest paid on the Thomas D, Jordan, Controller of the last-named corporation,
periodical presentation of a nominal receipt provided by the and James Stillman. The Lawyers' Title Insurance Co. will
Ministry of Finance.
be enabled, through this increase of its capital, to broaden
—On Feb. 5 Judge Edmund Waddill Jr., in the United its business field and its newly-allied interests will otherwise
advantage.
States Circuit Court at Richmond, handed down an opinion result greatly to its
in the. case of the People's National Bank of Lynchbi:rg
R. A. Parker, who has been in charge of the credit deagainst Morton Marye, State Auditor of Virginia, affirm- partment of the National City Bank, has been made a Viceing the State's right to tax national banks under Acts of the President of the Second National Bank, which is controlled
State Assembly passed in 1890 and 1896. The case is an old by National City Bank interests.
one, having been in the courts since 1896, and involved the
W. A. Simonson, one of the recently elected Vice Presiconstitutionality of the Acts above mentioned. One of the
dents of the National City Bank, has been chosen a Viceclaims made was that taxing the real estate of a bank in adPresident of the Lincoln National Bank, in which Messrs.
dition to taxing the shares of the stockholders was unequal
Stillman and Rockefeller, of the above-named bank, have a
taxation. This, the Court held, is not unequal taxation in
large interest.
the sense contemplated by the Constitution and does not,
The Seventh National Bank has been made the Clearing
therefore, invalidate the Act, and that "real estate is considHouse agent for the Twelfth Ward Bank in place of the Galered a part of the bank's capital or property ratber than that
latin National Bank, which formerly acted in that capacity.
000 to 12,000,000,
—
—
—
of the shareholders' interest in its certificates of stock."
Judge Waddill also stated that " absolute equality of taxation is not expected, and the purposes of the National Banking Act are satisfied when exemptions from taxation are not
made on the investments in the shares of institutions or individuals carrying on a similar business to that of the bank
and upon persons engaged in operations and investments of
a like character as the bank. The Act does not make the
tax on personalty generally the measure of tax on national
bank shares, but the tax on moneyed capital in like use."
also notes in passing that " the taxation of the
shareholders in national banks, independently of the real
estate owned by the banks, is the same a? that adopted in
reference to taxation of the shareholders in State banks, and
at least does not appear to have been intended as any discrimination against national bank shares."
The opinion
—^Mr.
Thomas W. Latham has been appointed Cashier of
the Century National Bank of Cleveland, Ohio. Mr. Latham,
besides being a member of the Cleveland Chamber of Commerce, is also Vice-President of the First National Bank of
Monroeville, O., and a Director in the First National Bank
of Gallon, O.
Trust
Company has been
incorporated in
the State of Illinois with the object of qualifying for business in that State.
—The Danish Minister of
Finance on Thursday submitted
to the Folkething a bill providing for the raising abroad of a
31^ per cent State loan of 25,000,000 kroner to meet the cost
of railroad construction and for other purposes. A second
loan of 3), 000,000 kroner is also authorized for the purpose
of converting old State bonds,
Bank
March
12 the stockholders of the Seventh National
upon a proposition to increase the capital
stock of the bank from $300,000 to $500,000, a movement
which is made advisable by the increasing business of the
bank. Since William H. Kimball became President, two
years ago, the deposits have more than doubled.
will vote
Cammack, who has been prominent
in
Wall
ket since 1873, died on Tuesday in the seventy- fourth year of
his age.
—Mr. A. A. Lisman, until recently and for the past three
years with C. I. Hudson
Co., has become a member of the
honee of his brother, F. J. Lisman
Co. Mr. Lisman ex-
&
&
pects soon to bring out in this country a City of
per cent loan, the issue of which
is
Munich 4
40,000,000 marks.
—George T. Cruttenden, who for three years past has
been Assistant Manager of the bond department of C. I.
Hudson & Co., assumed charge of that department this
week upon the retiremant of A. A. Lisman.
—The Indiana Trust
Company
of Indianapolis, Ind.,
now
reports deposits considerably in excess of two million dollars.
The latest statement shows the amount on Dacember 31 1900
as being $3,163,043. On October 31 1899 the same item was
reported as only $1,429,530; October 30 1897 it was but $732,809, while at the same date in 1896 the total was no more
than $?62,894.
at 13? bid.
—The Morton
—On
— Addison
Street speculation and generally on the bear side of the mar-
growth
The stock has bsen rising, and is now quoted
The following is the record of the company's
in tabular form:
r-Priee—^
Aggregate
Orosg
Surp. <t
Oapital
Deposits.
Resources. Bid. Ask.
pro/its.
paid in.
Dec. 31 1900.. $310,900 $94,477 $2,163,043 $3,193. 19.t 123 ....
3,196,302 121 ....
2,136,718
Oct. 311900-. 810,900 114,840
2,402,322 116 118
Oct. 811899.. 810,900
99,624
1,429,530
1,649,134 107 109
732,809
Oct 30 1897.. 810,900
57,494
1,2C0,119 105 107
262.394
52,111
Oct. 311896.. 810,900
1,105,449 110 115
131,563
Oct 311895.. 810,900 29,575
Authorized capital $1,000,000.
Indiana
Trust Co.
be seen from the foregoing that aggregate resonrcrS
have risen from $1,105,449 to $3,193,195.
The company has a capital of $1,000,000, of which $810,900
has been paid in. J. P. Frenzel is the President; Fred. Fahnley, First Vice-President; E. G. Cornelius, Second Vice-President, and John A. Butler, Secretary.
It will
in the last five years
clerk of the Mercantile National Bank, has been elected Sec-
—Mr. H. B. Stearns has resigned as Chairman of the Boston Stock Exchange, and been succeeded by George F. Lord
Jr., of Lord & Mandell.
ond Vice-President of the Hamilton Bank. Mr. Ives entered
the service of the Mercantile Bank as messenger seventeen
years ago, and he is well qualified by his long experience in
the annual meeting of the directors of the Union
Savings Company of Cleveland, Ohio, a new institution which opened for business about three months ago,
—Frederick D,
banking for
Ives,
who
for five years has been loan
—At
Bank
&
new position.
the following officers were elected for the ensuing year
Albens Adams has been elected President of the President, Henry C. Christy; First Vice-President, H. E.
Gansevoort Bank of this city and it is reportei that McMillan; Second Vice-President, John Rock, and Secreimportant changes will soon be made in the board of direct- tary and Treasurer. F. E, Dilley. These are the same
ors of this institution.
Mr. Adams was for twelve years officials as those previously in charge.
connected with the house of Swift & Co., of Chicago, and he
—The First National Bank of Birmingham, Ala., has prohis
—T.
has latterly had charge of the financial interests of that firm
New York.
in
—
It was announced this week that the capital stock of the
Lawyers' Title Insurance Co. will be increased from $1,000,-
An
vided for a further decided extension of its business,
arrangement has been concluded for absorbing the accounts
of the Berney National Bank of the same city, the busineei
consolidated to be conducted under the name of the First
THE CHROJVJCLE.
266
[Vol. LXSII.
National Bank. Mr. Walker Percy, former President, and A temporary organization has been
effected by the election
Mr. Henry L. Badham, former Vice-President of the Berney of the following directors: Edgar
K. Legg, President of the
National Bank, will continue to be actively interested, and Union Savings Bank; Oscar C. Martenet,
Henry F. New,
Mr. W. W. Crawford, the old Cashier of the Berney National Vice-President of the Union Trust Company; Dr.
James G.
Bank will become Assistant Cashier of the First National Wiltshire, H. C. McJilton, Secretary and Auditor of the
Bank. The statement of the Berney National for December United Railways & Electric Company of
Baltimore; James
13 showed deposits of $820,746, and the First National at the E. Tippett and Col. Richard H. Spencer.
Later on the numsame date had deposits of $2,691,755, giving a combined total ber of directors is to be increased to twentv-five. Mr. Granof over 3}4 million dollars. The executive force of the First ville Lindsay, Assistant Treasurer
of the Union Savings
National consists of N. E. Barker, President; J. H. Wood- Bank,: is to be the Treasurer of the company, which,
it is
ward, Vice-President; W. P. G. Harding, Second Vice- understood, will absorb the business of the Union Savings
President; J. H, Barr, Cashier.
Bank.
—A meeting of the creditors and depositors of the banking
houEe of Josiah Morris & Co., of Montgomery, Ala., which
suspended business Jan. 26, was held on the Slst ult., when
it^was agreed to place the aif airs of the institution under the
control and management of F. M. Billing, the owner and
manager of the bank. Under this agreement Mr. Billing is
given time to pay the several demands of the creditors as
follows: 123^^ per cent to be paid July 1 1901 and a like percentage on Dec. 11901; 25 per cent to be paid each six
months tnereafter from July 1 1902 to July 1 1903, both
dates inclusive. This agreement is only to be binding in the
event of all depositors assenting thereto. A committee of
the creditors, of which B. L. Holt was Chairman, has examined into the affairs of the bank, and has reported the assets
at a conservative figure to be $1,506,841 and the liabilities
$1,325,233.
—Mr.
Washington
J. Peale, the senior
member
of the firm
of W. J. Peale
Co., stockbrokers, of Philadelphia, died of
appendicitis on Monday of this week.
&
&
—The Fidelity Trust Guaranty Company of Buffalo has
decided to change its name and to assume the title of the
Fidelity Trust Company of Buffalo. Notice has been given
that a petition to that end will be presented at the special
term of the Supreme Court, to be held at Buffalo on March
—The German National Bank
in the latter part of
of Newport,
November, reopened
which suspended
for business on
Monday of this week, having complied with the conditions
required by the Comptroller. The new officers are: President,
L. K. Marty; Vice-President, Joseph G. Feth, and Cashier,
A. M. Larkin. Mr. Larkin was formerly with the National
Lafayette Bank of Cincinnati.
—
la the statement card of the Scranton Savings Bank of
Scran ton. Pa., a comparison is furnished between the condition of the institution at the close of 1900 and the condition
five years before, at the close of 1895.
The bank has paid an
dividends
aggregate of 50 per cent
to the shareholders in the
five years, and at the same time has added a full 100 per cent
to the surplus account, which now stands at $300,000, against
$100,000 on December 31 1895. Daposits have arisen in the
interval from $1,092,557 to $1,836,928, and aggregate resources have increased from $1,308 364 to $2,148,247. Another noteworthy fact is that in the five years $178,000 has
been paid in interest to the depositors. S. B. Price is the
President and H. C. Shafer is the Cashier.
—The
new American National Bank of
opened its doors for business Monday morning
The names
of the officers
and other particulars regarding
column on January 19.
the institution were given in this
—Some changes were made in the executive
11.
Indianapolis
the 4th inst*
the
annual
offiaials of
—Julius Fleischmann, President of the Market National Chicago National Bank of Chicago at the recent
of Cincinnati, has purchased a block of stock of the meeting. Mr. Fred. M. Blount was elected Vice-President, so
Bank
Central Trust & Safe Deposit Company of Cincinnati. It is
expected that this will add further to the strength and business of the institution.
—
Wheeling, W. Va., is to have a bank clearing house, an
organization to that end having been perfected this week.
All except two of the mercantile banks have joined the association.
The quarters will be at the banking house of the
Mutual Savings Bank. The latter, not being a commercial
bank, will not be a member of the association. Mr. Alexander Mitchell, the Treasurer of the Mutual Savings Bank,
will be the Manager of the clearing house.
—The
Central Savings
Bank
of Denver, Colo., is not as yet
a large
institution, but it is interesting to note that its business keeps steadily growing. In illustration, it may be stated
that the institution now has two Vice-Presidents, the other
being Mr. Andrew McNally. Mr. Blount has been connected
with the Chicago National ever since its organization in 1882.
He began as receiving teller and worked his way up to the
present position through all the various intermediate grades.
T. M, Jackson, who was previously Assistant Cashier, has
now been made Cashier. F. W. McLean and A, Uhrlaub are
the new Assistant Cashiers. As is well known, Mr. J. R.
Walsh is the President of the bank.
—
Mr. Walter H. Wilson, the new partner in the Chicago
brokerage house of Otis, Wilson & Co., is Vice-President of
the Royal Trust Company Bank, Chicago, and a Vice-President also of the Union Traction Company.
stockholders of the Cleveland Savings & Banking
called upon to pay in the balance of 50
per cent of their stock, which will make the capital $100,The advisability of doubling the stock to
000, full paid.
—The
were only $237,034,
amount had been increased to $442,881,
while now (January 1901) the total is up to $638,801. George
Company have been
Richardson is the President; William E, Wilson, Vice-President, and W. M. Marshall, Cashier.
provide for the increasing business of the institution is also
under consideration. The President of the bank is Joseph
H. Ctiamp and E, W. Radder is Secretary and Treasurer.
that while on Jan.
in January 1900 the
1
1899 the deposits
—A meeting of the stockholders of
the American National
was held on Wednesday of this week, at
which a resolution looking to the resumption of business was
This bank, as noted in this column at the time,
adopted.
was closed by order of the Comptroller on Dec. 21, owing to
the impairment of its capital and surplus. The committee
of stockholders presented a report which showed the net
liabilities of the bank to be $358,275 and the assets (after
marking down doubtful items 50 per cent) $389,722. It was
Bank
of Baltimore
explained that
many
claims that could be collected if the
bank resumed would be lost in the event of liquidation.
The assessment on the stockholders in case of resumption
will not exceed, it is said, 75 per cent of the capital, which
was $200,000. If the bank does not reopen, the assessment is
not expected to exceed 25 per cent.
—The
Baltimore "Sun" reports that the preliminaries have
been arranged for the organization of another new trust
company in Baltimore, to be known as the People's Trust
Company. The new institution is to have a capital of two
and a half million dollars, divided into shares of $100 each.
—
A neat and interesting pamphlet issued annually by the
Boston Clearing House has just come to hand. It gives in
convenient form the names of the officials of the Clearing
House, the transactions for 1899 and 1900, and the names of
directors and officers of all the national banks of Boston for
the current year.
Clearings by Telegraph.— Sales of Stocks, Bonds, &c.—
The subjoined table, covering clearings for the current week,
asually appears on the first page of the Chronicle, but on
account of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It will be observed that as compared with
the corresponding week of 1900 there is an increase in the
aggregate of 30*6 per cent. So far as the individual cities are
concerned. New York exhibits a gain of 40 "3 per cent, Boston
0*1 per cent, Philadelphia 5*6 per cent, St. Louis 22 per
cent and New Orleans 2*1 per cent. Baltimore records a loss
of 0*4 per cent and Chicago 1 per cent.
.
.
February
THE CHRONICLE.
9, 1901.]
Week Ending
OLIABINOa.
Betwrnt by Telegraph.
Hew
Febrtuiru
9.
P.Oent
1900.
1001.
York,...
tl,322,e01,109
|9'3.721.103
+40-3
Boston.
Philadelphia.
105,646.487
105,518,191
+01
78,798,759
74,(109.434
Baltimore,...
ChloafTO
16.564,697
ie.624.2a
103,817,418
110.928,279
St.
83,421,466
27
.'58.5.741
+6*6
-0-4
-1*0
+82-0
11.290,825
11,069,290
+2-1
(1,679,140.H01
$1,269,846 364
199,242,093
+32-2
+10-1
Lonia
New
Orleans.
816,969,874
Total all cities, 6 daya.
AUoltlea, 1 day
Total
all oltlea
for week.
11,895 110,675
$1,468,088,357
401,091,062
284,951,054
12,296,801,737
January, 1901.
Par Value
Actual
or Quantitv
Value.
91,761.042,111
Average Par Value
Price. or Quantity)
«Z''81746,275
71-5
I9l.850,ii()0
13' 2 950
178,72 1. OSfl
830
OoT't bonds
State bonds
Bank stocks
9.843.7161
tP4e,5Hl,4>'7t
$44,i'B6.«00
t.>J8S,9l9 111-8
1299,500
»03,350
1633,300
$261,700
$20,500
1211,951 70*8
$166,003 281-4
Total... $3007,047.6,50 $21611 SS,03»
Grain, bush,
61,098.860:
46,967,190
Total value.
1901.
71'9
7^0.
Arer'ft
Prict.
687,243,018
72-6
$37,797,811
1731. 61-^ 116 5
$224,20^ 85-7
150 712 247-4
|99?,493,187 $7?«,0t7,2«l 73-2
S6,l21,;i2'> 69 1 16c
62,280,200
1
I2,20g,153.024l
$76^,171,561
1?99.
\
1898.
64.8'0.108l
60,334,793
42.388,739
87,8.36,956
7,683.0.52
fl,'147,168
•••••
9,62J,4*(6
62.85^,000 +13*1
45.114.610 +20-4
9 906,607 -2-9
6,707, 4*.7 +20-7
3,742,004! -1-5
3,0a3,H9»] +1-6
2,704.ril8 1-205
8,168,201 +f»-3
5,91S.<'9.'!
5 009,280
3,274.2
2,470,168
2.700,002,
2.441.194^
8,02'<,094
.•
8.093.213
8,684.712
8,0W2,27H
8,257.697
3,369.848
166,636,314
137.230.125 +14-1
181,720,617
114,973,968
Harallton,
+80-6
Valite.
P.Ct.
t
71,115,879
64.299,221
•
Toronto
WinnlDe^Halifax
Vancouver
Tot. Canada
Actual
1900.
1
a» .Tohn
January, 1900.
took {8^,^: mn'f^lilo
BR. bonds
January.
+a»-8
+40-8
Our usual monthly detailed statement of transactions on
the various New York Exchanges is appended. The results
for the month of January, are, however, given below and for
purposes of comparison the figures for the corresponding
period of 1900 are also presented.
Duerivtion.
Canadian Monthly Bank Clearings.— The clearings of
the Canadian banks for the month of January, lO^l, show a
gain over the corrpsponding month of 1900 of 14"1 per cent,
all cities except Winnipeg and Hamilton recording gains.
vfnntrpal
Se7en cltiea, 6 days.
Other (dtlea, 6 daya
267
K
2,417,677
.....
[From our own correspondent.]
London, Saturday, January 26, 1901.
The death of the Queen has increased the stagnation of
business on the Stock Exchange, The day following her demise the Stock Exchange was closed, and the succeeding day
the new King was proclaimed. Parliament has been called
together, preparations are being made for the funeral, and
therefore
certain
interference with business takes place.
Moreover, most places of amusement— theatres, music halls
and the like— are closed ;'and the wealthy^have put off all
entertainments.
The volume of transactions in share properties on the New
Owing to the war there have been for over a year fewer
York Stock Exchange each month since July 1 in 1900-1901
than for a long time before; and in conseentertainments
and 1899-1900 is indicated in the following:
quence the trading classes that minister directly to the rich,
BAIJI8 OP STOCKS AT NBW TOBK STOCK HXOHANGB.
1000.
Month.
1899.
Valuei.
Nurnber
of Shares.
Par.
Values.
Number
at Shares.
Actual.
Par.
Actual.
~
July....
6.230,493
August
4,020,654
893,267,750
Sept....
5,189,98"
496,9.38,600
$
401.407.206 8,387.630 820,926.600 708.867,714
236,987,469 13,985.349 ,232,066,050 1.075,627,941
301,498,748 12,150,902 1 ,197,224,850 956,011,815
Sdqr. 15,421,113 1,490,039,050
939,893,421 33,823,781 3,250,217,300 ;2,710,527,600
699,842,700
Oct..., 10,895,083 l,C69,757,800 706,306,917 10,899.489 1 ,056,228,876
852,193,736
Nov,.., 22.685.336 2,189,731,326' 1,477,503.887 13.681.771 1 ,311,491,575 f
36, 741 ,288
Dec
23,411,621' 2,254,609,225! 1,576,987,849 17,062,168 1
,644,263,225 1,119,167,298
'i'
4 th qr, 59,872,048 6,507,097,850; 3,769,797,453 41,613,421,041,981,675 -2,908,102,320
1901.
Jan
285 055
.SO
•3.91
1
.5S ! .85012.081 .74R.S7.5
9.813.716
1900.
04H.5S1
687.24.S.018
41J';
The following compilation covers the clearings by monthe
since July
•'
1.
MONTHLY 0LBABINO8.
Clearings, Tjtal All.
Month,
_
1900.
^
1899.
Clearings Outtide
P.Cft.
New
1900.
1899.
York.
P.Ot
inly
6,251.364,78»
7,126,188,392 -12-3
2,699,649,855
$
2.705 822,279
Aamiat....
5,703,484,222
6,941,881,474 —17-8
2,519,195,686
2.583.509,631
September.
5,626,202,350
7,081,573,122 -20-6
2,469,879,716
2,684,591,744
Sd quar... 17,681,051.37l 21,152,712,988 -16-9
7,688^525,257
7.973,928,664
-3-8
3,041,116.035
3,086,479,763
— Z-B
+35
-0-2
-2-8
-8-0
October....
7.617,648,196
November.
8,769,802,43:j
7,914,373,081 +10-f-
3.005.768,020
2,961,429,833
December..
9,071,889,961
8,378,958,161
+8-3
3,124,256,891
3,0 iO.670,294
+3-1
25,168,810,589 21,836,372,252
+3-3
9,231,434.946
9,078,679,890
+1-7
r64S0U,093 +40-2
3,817.314,263
4th quar.
8,348,023,010
1901.
January.
1900,
10,718 429,136
..
-8-7
1901.
1900.
2,980 434.698 +11-3
The course of bank clearings at leading cities of the country
ror the month of January in each of the last
eight years is
shown in the subjoined statement.
BASK 0LBAB1NQ8 AT LBADINO CITIES
(OOO.OOO*
1901.
1900,
1899.
IN JANUARY,
1898. 1897. 1896, 1895.
1894
$
*
KewYork... 7,401 4,665 5,691 3,690 2,589 2,562 2,395
2,166
Boston
663
592
611
508
423
391
406
393
Ohloago
619
589
552
429
818
389
335
367
Philadelphia
460
418
416
327
:^05
265
296
257
Bt. Louis....
179
145
144
126
114
111
116
105
Pittsburg..
169
130
98
80
66
68
58
58
Baltimore...
103
92
107
83
66
67
67
62
Ban Fran'oo.
91
83
67
65
56
56
52
54
CJlnolnnatl...
89
73
66
57
50
53
60
56
K.anRa8 City
75
58
47
44
45
49
43
41
New Orleans
omitted,
i
60
Louisville...
41
Minneapolis.
Cleveland...
Detroit
Providence..
47
56
44
33
28
29
26
26
22
13
20
53
43
43
49
40
31
29
27
23
23
22
14
21
10,294
7,263
424
8,183
382
322
Milwaukee..
Omaha
Buflalo
Columbus...
Paul
Bt.
Hartford....
Denver
Total
Other oltles..
Total all
10,718
Outside N.Y, 3,317
53
35
42
42
36
29
25
31
21
23
19
14
14
53
30
33
31
31
25
23
23
19
19
17
13
12
46
28
25
26
23
27
20
18
17
15
50
29
34
27
28
26
21
20
19
51
30
24
24
26
25
20
53
28
23
21
26
22
21
21
13
13
11
15
19
12
13
18
18
14
16
12
12
5,7:^8
4,874
4,364
4,163
3,841
276
225
252
225
212
7,645 8.505 6 014
2,880 2,814 2,324
4,499
1.910
4,616
2,054
4,393
1,998
4,053
1,887
17
14
14
11
12
and especially to their pleasures, have been suffering somewhat. Their losses will be increased now, since entertainments for a month or two, at all events, will be almost completely stopped and Court amusements will not begin for a
long time to come.
The war, especially the suspension of gold mining, and the
disturbance of the money market brought about thereby,
have added to the effect of the rise in the price of coal and
other elements of modern production to injure trade.
Lately the reaction from the great rise in iron and steel has
brought about depression in that industry. The disturbances
in China, together with the famine in India, have had a bad
effect upon the cotton industry; and the hopes that were entertained that the worst was over in the wool trade have
been dissipated. The January series of Colonial wool sales
here began very well. There was a risp of about 5 per cent
in the caee of merino wool and of from 7 per cent to 10 per
cent in other kinds; but the gain has been almost entirely
lost as the sales have gone on, and there is again a disappointed feeling.
Altogether, therefore, the trading classes are less cheerful
than tbey were. As a matter of fact, trade is better than
the grumblers are willing to admit. The Lancashire cotton
trade has undoubtedly suffered from the famine in India
and the disturbances in China, and the wool trade has also
suffered from the wild speculation in the raw material at
the end of 1899. Iron, moreover, is depressed partly because of the competition of the United States and the Continent, but more especially of the extravagant price to which
iron was run a little while ago; but with these three exceptions trade is good, employment is plentiful, wasjes are high,
and the general condition of the country is extremely satisfactory; but that does not disapprove the fact that the
classes who minister to the amusements of the rich have suffered ever since the war began, and are likely to suffer even
more in consequence of the Queen's death.
For the moment, then, there is extremely little doing on
the Stock Exchange. The exact form which the reorganization of the London
Globe Finance Corporation is to take
is not yet known.
The corporation has not raised the funds
to pay off its engagements; and consequently the result of
the failure of so many firms continues to disorganize the
Stock Exchange. Then the break in the American market this week has reacted upon the London market, and the
Continental bourses are even more lifeless than the London
Stock Exchange. In Paris there is a large accumulation of
unemployed money; but French investors have suffered
much through the fall in industrial securities at home, in
Russia and in Belgium, The industrial boom in France was
chiefly in electrical concerns and especially in automobile;
but the French also invested largely in Russian and Belgian
industrials and the fall in all these has been very great.
Hence at the moment at least there is very little doing in
Paris, although the leading French operators are beginning
to buy in London, Argeotine and Brazilian government
securities and also West African mining shares.
In Germany the result of the break in industrials and in
mortgaice bonds is to drive investors almost altogether into
the market for German
ivernment eccurities. The loans
of the three minor States -Baden, Bavaria and Saxonyhave been very successful, and the first two which were
&
G
. . ..
.. .
THE CHRONICLK
268
brought out last week are already at a premium. Oatside of
Germany, however, operators are doing very little; and the
financial and commercial crisis through which Russia has
been passing for nearly 12 months seems to be darkening
It was hoped that the worst was over, and that
again.
through the assistance given by the Minister of Finance the
banks which had locked up too much of their capital
and snffered heavy losses by rash investment would be able
to recover their position. Now, however, there are fears
that a further number of banking difficulties are impending.
The value of money has fluctuated during the week, but
the Bank of England is rapidly getting control of the outside
market. Last week, for the first time for months, the Government revenue exceeded the Government expenditure.
This week, though the result is not actually known, it is expected that the excess will be decidedly larger than last
week, inasmuch as it is certain that the revenue is coming
in now exceedingly well. For the next two months, therefore, or nearly, the amount of the revenue that will be paid
into the Bank of England will be so large that it ought to be
able to get control of the open market.
Meanwhile, the great French banks which hold very large
amounts of sterling bills that are falling due this week and
next week are renewing. The bills are for three months,
and therefore will not mature again until April. Consequently the danger of gold being withdrawn for Paris for at
least three months is removed. At the end of the three
months of course the banks will be in a position to take gold
unless in the meantime France buys securities and commodities in this country on such a scale as will offset the
holdings of Treasury bills by the French banks. Money is
very easy and abundant in France, and yet gold is going in
considerable amounts from New York to Paris. It is understood that the gold will have to bs settled for ultimately
in London.
In Germany the money market is also becoming easy.
[Vol. LZ2II.
FOBEION IHPOKTS.
For week.
1901.
Dry
1900.
1899.
1898.
Gtoodfl
Gton'l mer'dlse
«1,634,139
6,459,006
$3,504,530
9,586,984
$2,022,579
5,833,731
$2,026,76r
Total
Since Jan.
$8,093,145
$13,091,514
$7,866,310
$8,220,81S^
Gten'l mer'dlse
$11,647,664
39,915,230
$14,388,614
87,752,203
$11,733,904
34,620,758
$11,895,845
30,578,571
Total 5 weeks..
951,562,894' $52,140,822
$46,354,662
$42,474,416
6,195,046
1.
Dry Goods
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Feb. 4, and from January 1 to date.
specie)
MEW TOSK FOB THE WEEK.
BXPOST8 FBOH
1800.
1901.
For the week.. $10,872,962
1898.
1899.
46,114,820
$10,981,978
46,456,961
$9,744,283
43,127,604
$9,509,970
36,406,734
Total 5 weeks.. $56,987,782
$57,438,939
$52,871,887
$45,916,704
E»rev.
reported
The following table shows the exports and imports of
specie at the port of New York for the week ending Feb. 2
and since Jan. 1, 1901, and for the corresponding periods in
1900 and 1899.
reserve of the Imperial Bank is increasing steadily; and,
New Tear's Day the Imperial Bank has the
right to increase its authorized not ecirculation by eight millions sterling without paying duty to the Government. The
position of the Bank, therefore, is exceedingly strong, and
the probability seems to be that rates will steadily decline.
There is only one influence that may disturb the London
market, therefore, and that is the impending Government
loan. It is expected to be for 10 millions sterling; but the
conditions under which it will be issued are not known.
Probably one effect will be to increase enormously the control of the Bank of England over the outside market.
The demand for India Council drafts is undoubtedly falling off. The Council offered on Wednesday 70 lacs and the
Tne allotments were a
applications were under 67 lacs.
little under 65 lacs, the prices ranging from Is. 4d. to
Is. 4 l-16d. per rupee.
The
BZFOBT8 AND IMPOBTS OF 8PB0IB AT MEW TOBK.
iTnportt.
Ev^^ortt.
Gold.
Week.
SineeJan.!.
Glreat Britain
Week.
Since Jan.
1.
$
France
2,379,854
8,095,829
'19,606
42,240
6,000
10,000
7,280
2,249
11,560
6,165
148,480
24,220
65,755
9,365
$2,398,854
78.000
348,276
$8,154,069
5,172,346
1,779,000
$27,254
437,432
676,822
$247,820
621,400
Germany
West Indies
Mexico
South America
All other countries
moreover, since
Enellsb Financial marketa^Per Cable.
The daily closino; quotations for securities, etc., at Londoc
are reported by cable as follows for the week ending Feb. 8.
LONnON.
Sat.
per omi06
Sliver,
d
JVoli rentes (in Paris) fr
Spanish 4:6
Anaconda Mining
o
H
O
,
Canadian Paolflo
Chesapeake & Ohio...
&
Chicago Great Western
Den. & Rio Gr., com..
Do
do Preferred.
.
Erie, common
1st preferred...
Illinois Central
Louis vllle
Nashville..
&
Mo. Kan. & Tex., com..
Preferred
W. Y. Cent'lA Hudson..
S. Y. OntjiJlo & West'n
Norfolk & Western
Do
do
pref.
Pacific,
com.
Preferred
Pennsylvania
•Phlla. ARead
•Phlla. <fe Read, ,1st pref.
Read. 2d pref.
•Phila.
Southern Pacific
&
O"
Em
<
M
a
P
fn
Paolflo
Preferred
28 H
283,e
281,6
27'8
9658
96i»ic
96%
7138
7II4
S-'s
52%
8'8
55i«
SineeJan.X
Week.
$960,480
$4,525,585
179,868
26,400
50,014
1.000
33,463
766
1,200
$4,758,133
4,386,737
4,911,073
$37,424
Germany
901a
Mexico
South America
All other countries,
Total 1901.
Total 1900.
Total 1899.
$986,880
1,138,781
955.350
BANKS.
Oapi-
Sur-
(008 omitted.)
tou.
plus.
96%
Z7i5ie
7118
7>i8
MIW YORE
159,057
32,356
$292,952
316,667
306,868
Specie
Leg. T. Deposit, with
JcB'k. Vlear'y Other
Net
VtvoMU
Borough of
Manhattan,
9658
7138
938
55I4
9II4
9378
CITT.
I
100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,U
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0
300,0
100,0
Colonial
Columbia
Eleventh Ward.
. .
93
94I4
94%
88%
89%
89
89ifl
giJfl
93ie
94
94 14
89%
93%
4214
15612
2II4
4338
158
4314
1571s
3438
87I4
3058
6678
37ifi
4014
9008
30ia
67^8
4II4
9II4
3l38
6913
46
46ifl
46%
46
1331a
133
Varick
9478
21^8
581s
148
3458
Boro'h of Broolilvn.
156
33%
86I4
2914
6538
4314
156V|
20%
130ifl
131%
931a
2038
94ifi
59%
21
61
149
87
85ifl
8558
891s
89%
75ifl
75 >4
17 le
3688
21 '8
17
3658
21%
49»8
21
3314
46%
48I4
24I4
88
30%
132
951a
2214
22''8
61%
149
34
47
87
86
8914
7714
1758
38
2238
4933
247e
77
79
911«
86%
87%
92%
Do
Do
291*
48I4
29%
4878
9118
9514
95ifl
75'8
9118
13S8
87'8
141a
61
149
351a
46%
68
87
47
88
881a
87%
90ifl
90is
7614
1738
38'8
76%
I8I4
8918
231s
481a
22%
48I3
24%
23%
791a
96I4
7818
97^8
9II4
151a
326s
5413
89
15ifl
31
32%
50ifl
5414
Foarteenth Street.
Oansevoort
Hamilton
Mount Morris
Mutual
Nineteenth Ward.
Plaza
Riverside
State
rweUth Ward
T wenty -third Wd.
(Tnlon Square
Forkvllle
WaB)tilng:ton
Fidelity
Bedford
Broadway
Brooklyn
Eighth Ward.
Fifth
Avenue
ElDgB County
Manufact'rs' Nat'l.
Mechanics
Mech'8' & Traders'
tferchants'
Nassau National.
National City
North Side
People's
<
Schermerhorn
Seventeenth Ward
Sprague National.
Twenty-sixth W'd.
Union
WaUahout
*
128,3
194,7
129,0
56,2
20,'
102,4
69,6
136,8
69,2
176,9
116,4
238,9
64,8
69,8
361,3
180,2
23,8
98,4
60,0
I
1809,6
2360,0
1080,0
1166,3
668,1
1348,4
1830,2
1289,9
1281,6
2296,0
966,8
2966,0
1111,3
881.1
2089,8
1409,1
417,8
866.4
100,0
100,0
1049,6
1478,8
1131,8
330,0
604,7
644,6
2692,8
2849,1
886,1
629.4
3760,0
2600.0
730.1
914,2
373,1
471,4
1070,6
447,0
660,8
668,6
26,0
100,0
68,3
84,6
612.7
717,6
400,0
260,0
260,0
200,0
110,0
126,0
879,9
666,6
346,4
229,0
469,9
107,9
200,0,
ioo,o!
7.5
73,2
107,1
37,1
t
128.6
107,0
39,1
45,4
40,4
86,9
75,7
118,C
129,6
129,0
79,6
146.0
168,9
100,0
23,3
141,0
17,7
298,0
31,7
46,1
67,9 200,8
90,2 140,1
19,3
9,5
14,7
6,8
20,3
1,6
79,9
124,6
169,3
161,0
43,3
67,7
68,8
493,6
366,9
203,1
16,3
686,9
676,7
121,7
126,9
63,4
76,9
286,4
63,7
69,4
49,9
150,0
100,0
300,0
100,0
100,0
160,0
262,0
500,0
100,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
«
44,6
140,0
39,9
69,3
19,6
16,6
64,7
11,9
27,6
80,6
80,1
105,2
34.2
23,1
24,8
20,9
816.91 194,8
110.6
68.0
80,8
6,1
161,0 287,0
271,0
136,0
12,9
54,0
29,1
28,8
30,8
16,6
41,0
11,9
10,0
107,1
22,3
13.0
62,0
26,0
16,2
87,1
162,0
22,2
Richmond.
of Btaten Isl
l8tNat.,8tatenl8l
14.9
82,2
22,1
20,0
Other Cities.
3dNat., Jer. City.,
'{d
Imports and Exports foe the Week.— The following are
the imports at New York for the week ending for dry goods
Jan. 31 and for the week ending for general merchandise
also totals since beginning first
week January.
t
292,3
197,0
416,6
283,6
61.6
98,8
236,»
316,2
186,0
39,0
119,0
129,0
108,0
66,6
611,9
65,3
63.4
32,6
66,4
t
3,0
66,2
61,6
2
6,1
329,0
112,2
110,8
26.'7
27,6
113.4
1680,7
2470,0
1888,2
1442,6
687,4
1483,2
2358,3
1348,7
1681,6
2408,0
1022,2
3617,0
1848,9
1078,6
2760.2
1469,0
410,4
262,0
132,6
144.9 100,0
212,0
'6,3
168,2
1,0
47.6
62,9
27,4
76,8
19,0
360,8
212,7
71.1
86,5
45,0
446.0
31,0
76.0
634,0
35,7 241,3
61,1
84,6
15,0
327,3
69.6
33,6
196,0 103,0
2,2
49,9
86,9
85,0
63,2
64,7
1183,6
1694,7
1098,7
274,7
666,0
632,2
3063,7
3144.4
880,3
616,0
3960,0
3014,0
866,9
909,9
605,9
439,7
1068.0
442,1
609,5
681,4
10,2
689.6
707.8
1147,3 1119,0
246 4
49,3
299,9
294,7 103,1
22,2
191,6
33,4
187,2
6862,6
1768.3
1105,9
1066,7
1721,2
940,0
Borotttih of
Bank
IstNat., Jer. City.
Hud. Co. Nat., J.O.
1;
34,122
189,086
67,084
2,660
2,761
Reports of Non Member Banks.—The following Is the
statement of condition of the non-member banks for the
week ending Feb. 2, based on averages of the daily result.
We omit two ciphers roo ) in ail cases.
91
14
Peb.
SineeJan.l.
900
V^est InoleB
8'8
87
a
o
X
Great Britain.
France.
55%
CD
O
Week.
8''8
Q
O
o
Silver.
56i«
9138
Wabash
preferred
Deb. "B"
* Price per share.
Fri.
2,665,182
Imports.
Export*.
Notes Agent. BksJcc
148»s
3338
4638
I
,
South'n Railway, com.
Preferred
Union
P
O
2d preferred
Northern
Thurt.
42
a
Panl.
Bt.
Wed.
97
97
97
96%
102-20 02-17ii 10210 10225 102-30
For accormt
Ohio. Mil.
Tua.
96%
Consols., new. 2% p. ots
Atch. Top. & Banta Fe.
Preferred
Baltimore & Ohio
Preferred
Mon.
Total 1901.
Total 1900.
Total 1899.
Nat., Jer. City..
St Nat.,
d
Nat.,
Hohoken.
Hoboken.
4981,1 269,9 227,4
74,8
2004,6
89,7
18.1
1137,4
70,6
881,6
43,8
44,2
12,1
2027,2 104.6
39,0
809,8
48,1
94,4
114,0
7662,0 8675,0 61471,0 3128.7 8713.2 8987,6 3057,1 89483,6
2
Totals Feb.
Totals Jan. 26™ 7682,0:8676,0 61891,4 3117,8,3896,9iH690,4 2871,6 »W610,3
7662,0 8625.0'63030.7i3123,6 3974,6 8172,6 2718,670291,4
Totals Jan. 19
:
February
THE CHKONICLE.
9, 1901.]
New York City Clearing House Banks.—Statement of
condition for the week ending Feb. 2, based on average of
We omit two ciphers (00) in all cases.
daily results.
The exports from the several seaboard ports for the week
snding Feb. 2, 1901, are shown in the annexed statement:
Wheat,
Marforti
BANKS
Capital. Surplus.
$
600,0
1,000,0
300,0
400,0
200,0
600,0
300,0
Bntch.A Drov's'
Ueob.<& Traders
0reenwlch
,
Iicather H'f'rs..
Seventh
Btateof N. Y.... 1,200,0
American Bzoh. 6,000,0
Commerce
Broadway
10,000,0
1,000,0
1,000,0
Meroantlle
422,7
Pacific
Bepabllo
1,600,0
Chatham
460,0
200,0
People's
North America,. 1,000,0
3,000,0
Hanover
Irving
600,0
800,0
600,0
900,0
Oitlzena'
Naasaa
Market<& FoltoD
Shoe <& Leather. 1,000,0
Com Exchange- 1,400,0
Continental
Oriental
Imp't'rs'&Trad.
1,000,0
300,0
1,600,0
2,000,0
260,0
3,000.0
1,000,0
300,0
750,0
600,0
300,0
260,0
200,0
750,0
1,000,0
100,0
200,0
200,0
300,0
200,0
200,0
300,0
200,0
500,0
2,100,0
300,0
600,0
1,000,0
260,0
360,0
600,0
Park
East River
Fourth
Central
Second
Ninth
First
N.Y.Nat'lExch.
Bowery
N. Y. Connty....
German Amerl..
Ohase
Fifth Avenue...
eerman Exch...
€tormanla
Lincoln
»arfleld
Fltth
Bank of Metrop.
West Side
Seaboard.
Western
1st Nat., B'klyn.
Liberty
N. Y. Prod. Ex..
NewAmsterdam
As tor
Hide <b Leather.
Lefjalt.
$
9
9
2,000,0
lianliattan Co... 2,060,0
2,000,0
Merchants'
2,000,0
MeohanlOB'
America.. -.••••. 1,600,0
1,000,0
Phenlx
10,000,0
City
300,0
Chemical
Oallatln
Specie.
2,074,3 16,518,0 2,776,0 1,077.0
2.114,4 20,239,0 7,288,0 Vi,056,0
1,190,« 15,463,3 2,85'J,1 1,578,0
B3rf,0
2,251,4 12,648,0 2,504,0
2,980,9 24,572,2 4,630,2 2,391,3
1.682,0
5,153,0
165,0
241,3
6,490,3 115,001.9 32,865,4 8,148,7
6,881,7 26,876.6 7,904,1 2,571.2
6.469.8 1,026,4
544,7
224,6
8,687,7 1,026,9
908,7
1,873,3
364,2
1,048,1
36,0
86,6
254,0
260,0
2,338,0
124,^
82,1
921,7
126,0
173,6
4,662,6 1,186,4
325,3
486,1
783,2
511,1
216,4
3,357,8
621,6
4,6e5,»
348,9
643,3
2,940.1 27,969,0 4,918,0 1,613,0
73,322,7
9.077,7
8,269,9
8,936,0
299,6
6,697,2 1,273,7
1,603,9
1,239,2 14,278,1 2,289,9 1,833,6
470,6
491,0
3,700,4
484,7
1,140,8 19,127,2 4,464,9 1,168,9
821,8 1,010,8
6,440,8
994,6
161,7
2,072,9
673,8
337,3
734,9 14,391,3 3,180,8 1,100,6
48,174,9
7.965,8
5,454,4
6,178,9
892,4
661,0
3,820,0
468,1
689,6
212,7
8,358,6
407,3
2.792,9
809,8
494,1
274,9
6,871,1 1,668,9
793,7
1.047,6
641,8
807,9
3,667,3
206,8
1,807,2 20,866,0 4,304,0 2,284,0
940,0
512,2
4,318.6
618,4
2,030.0
177,3
394,6
401,0
6,107,8 26,486,0 4,609,0 1,132,0
3,668,6 49,477,0 18,877,0 4,506,0
196,1
1,196,7
340,6
161,1
2,487,4 25,344,6 4,832,1 2,483,1
657,6 10,463,0 2,712,0 2,302,0
910.0
0,307.0 1,639.0
888,7
2.914,1
668,0
253,0
6»i,8
41.682,1
0,844,6
1,863.7
9,220,6
31B.6
3,028.0
639,0
109,6
2,777,0
344,0
366,0
724,7
2,936,2
401,6
803,0
386,6
3,499,6
248,2
619.8
366,0
2,110,8 39,679,3 10,834,5 1,821,1
8,899,1 2,264,6
336,9
1,828,7
2,205,1
223,6
970,6
638,6
2,959,7
570,0
403,2
818,6
919,7 11,224,4 1,764,3 2,209,6
6,448,4 1,623,9
248,6
1,096,6
2.162,8
462,0
160,9
348,0
8,167,8 1.33^,5
601,9
1,018,2
2,632,0
346,0
356,0
420,4
813.8 14,224,0 2,063.0 2,219,0
1,871,7 41,195,9 10,018,8 2,446,0
477,0
828,0
3,876,0
630,8
6,408,» 1,637,0
426,0
604,1
4,217,1
801,9
416,6
379,2
842,2
6,238,7
689,3
444,6
4,405,1
240,3
746,7
296,4
2,709,4
688,1
69.1
326,1
Buikof N.Y....
Merchants' £z..
Loane.
«ewYork
Deposit.
gf„,
i
P.O.
15,116,0
28,484,0
17,949,7
12,709,0
28,274,9
5,738,0
185,103,0
28,971,0
6,210,6
7,067.1
1,183,8
2,604,0
773,8
4,972,0
4,869,8
4,017,2
22,685,0
64,397,6
5,109,8
15,013,5
8,495,8
21,412,1
6,723,0
3,784,5
18,194,4
51,867,2
25-4
36-3
246
24-7
24-4
30-2
28-8
381
25 2
286
21-8
28'4
23-8
30-7
26-7
27-6
28-2
27-2
29-8
26-4
26-7
4,'} 88,0: 34-7
3,873,0, 23-2
8,337,1 •24
7,272,21 32-3
3,847,5
26,160,0
6,313,0
2,060,0
24,755,0
68,343,0
1,487,7
27,743,3
14,323,1
10,133,0
8,325,0
48,476,6
3,2Ht,4
Wheat.
Plottr.
OaU.
Corn.
Lonli
Bt,
48,626
126,750
127.287
91,800
186,000
168,650
316.921
1.805,440
659,470
56,333
181,840
20.620
4,410
21,800
35.439
47.980
8,000
7,903
5,100
17,380
341,673
63,235
187.171
....
Peoria
KaniBi
V
268,350
86,590
262,822
82,300
U.400
514.000
295.200
276.0C0
332.800
339,750
50,000
Olty.
22,750
9.760
4.381
62.000
48Z.269
661.675
54.099
> • • •
31.500
10.600
46,250
7,700
....
~67.897
Tot.wk.igoi
898.395
2,516,132
5.061,915
~»^40,324
560,370
Bamewk.'OO.
877,219
8,865,684
4.628.018
2,403,428
1.081.614
78,081
Same
193,883
3,979.175
6.269,770
2.S81.246
622313
173 231
10,402.865 149,486,898 117.292.187 94,385.843
10.518.8-7 136,551,060 118,409,118 81,957.441
8.H81.044 196.250,669 124,687.907 96.H35.728
32,188.651
3.198.588
4.089.774
wk.'99.
8(nc«Au(.
1.
1900-lOOt.
1898-1800
1888-1 89P.
...
29.105 880
38.865 027
7 B28
The receipts of flour and grain at the seaboard ports
the week ended Feb. 2, 1901, follow
„
JtMiipti
Mew York
Boiton
Montreal
,
Philadelphia
Baltimore
Blohmond
Hew
Orleaui*
Newport Newt
Norfolk
aalveiton
PortlRtid.
Hfneat,
P.our,
et-
bbl$.
buih.
114,«44
42,488
6,406
61,285
32,906
8,810
11.665
8.168
8,231
636,400
143,4.S2
21.300
31,988
99,971
7,343
230,000
Me
Corn,
buih.
Oati.
Beriitf
&Mt?>.
bu«h.
857.085
574.H16
1,000
53»,e23
467,600
123.«2i
21.600
fS.eOO
1.120
117,7(^3
1,101,265
47,690
134.289
8.600
6,000
689.488
40.000
313,106
118,200
li8,o71
136.17.S
8,526
138,000
96.6U7
Total week
_
Week 1600
19.360
38.005
308.036
418.528
1.809.718
1,880,769
4.178.45S
2.718,321
1,358.848
1.876.092
158.318
Reoelpti do not include araln paislnii throuxh
Port! on throuKb bllliof Udlns.
•
Total receipts at ports from Jan.
follows for four years:
/<«c«4»tfo;—
Wheat
Corn
Oats
bbli.
bUih.
"
"
Barley
'
Eye
"
Total sralB.,..
1
B2fl
for
251.016
8^7.094
38 554
160
16,027
226.919
ie.728.182
882,020
809,U47
1,617,3H7
101.437
18,C«f^.«61
6,122,090
765 114
1,304.114
42,970,161
tj^gt.
Feb. 2
1.1900
huah.
bush.
2.069.285 42.622.545
l,800,7t8 40,975.637
7,146
390.949
81,154
418.187
200
140.241
23.669
678.936
40,489,558 8.938.142 86,028.085
42.i<4l.;8-s 3 411.839 83.869,893
2,840,625
1,3«7.686
6,767,869
6,638.363
Week BineiBnt,
26.^84.573
13,WeS.174
15.404
90
~
09rn.
.
1900.
22«,31l
Corn.
«ewYork
Do
afloat
6,182.000
85.000
aoiton
1,080000
554.000
469.000
780.000
224.000
1,44,5.000
forontoBaflalo
Do
afloat
"oledo
Do
Oati,
bush.
bush.
919.000
BVI,
23aooo
busk.
23,000
118.000
es.ooo
837.000
124,UUU
1,389,000
649.000
1.646,000
...
08000
9,000
1.000
45.100
162.000
234.omj
56.000
16,000
13,000
Bari«v,
busk.
»67,000
43.000
3,000
939,000
O.OUO
afloat
461.UUV
477,000
2.000
31.000
sB.<Hi6
U,43l,'>nr.
8.067.000
948.r00
827.000
606.000
278.000
67,000
l,047,oou
8.680.non
175.000
683.UVU
1.000
26,000
1,662.000
7.089,000
2.165,600
926.000
289.o'o'6
"I'sjiio
17.094,00'>
165,000
4.695,000
369, ^uO
2,196,000
10,000
14,000
8,000
88.000
64.000
35,000
8,000
38,000
26,000
9,929.000
1 64.000
6.776,000
7,038,000
14,7e6.000
1,195,000
1,814.000
1.131.000
1.667.000
8.598.000
1.873,000
1,939.000
1,«90,000
3,211,000
8.673,000
letrolt
Do
afloat
ihlcago
Do
Do
afloat
illlwaukee
afloat
g^WUl'm&Pt. Arthur
)nlnth
Do
afloat
itlnneapolls
9t Louli
Do afloat
16,000
1,436,000
SOii.OOO
13,000
11.000
2*3.000
50,000
377.000
61,000
692 000
Total Feb. 2, 1901*. 50.767,000
lotai Jan. 26. 1»01». eo.791.000
Total Keb. 8, lOCOt. £4.331.000
Total Feb. 4. 18«9t. 28,^84.000
Total Feb. 6. 1898+. 86.023.000
14825.000
lansasClty
Peoria
indlanapolls
,
InMlsslsilpplBlver.
:)nLakei
-)n oanal and river
14.187.000
14.583.000
28 208,000
89.506.000
It,
Includes stocbs In private elevators at Milwaukee.
In private eleviitors at Milwaukee not included.
this week's not received.
i Montreal, last week's stock
NuTic.— BeKinninK July 1, 1899, the New York Produce Exchange has change4
Its Visible Supply Statement by including stocks at Xew Orleans, Oalveston,
Ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly included.
•
Stock R
;
Auction Sales.— Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
Son.
By Messrs. Adrian H. Muller
18 United States Trust Co. 1660
Slocks.
25 Trenton Potteries Co. pf. 60^
1 Memb. N. Y. Prod. Ex... $125
50 Germanla Fire Ins. Co..296ifl
10 Amer. Ex. Nat. Bank,
$100ea5h
248^
84 Old Dominion 88. Co. .120
10 Corn Exchange Bank... 385
4 Market* Fulton Nat.Bk.252i4
25 U. (J. Flour Mill. Co. com.
54 Mech. & Traders' Bank..l06>a
1
41 Nat. Butchers' & Drov930U.S. Flour Mill. Oo.pref. 2
96i«
200 New River Mlna'lCo.pf.$> lot
ers' Bank
69
40 Rutgers' Fire In.s. Co
15 Nat. UltvBank
528, 529
30 Mercantile Nat. Bank. ..225
5 Imp. & Traders' Nat. Bk.540i4
250 Inter-State Oil Co.. *50
20 Irving National Bank... 190
each.
$2^ per share
40 National Citizens' Bank.l51''>8
16 Atlantic Trust Co
8 North Amer. Trust Co... 235%
230
Commerce.324ia
4 Nat. Bank of
4 HerrlDg Hall-Marvin Safe
&
[
I
Bonds.
38ifi
Co. (new) l8t prof
15 Herring Hall-Marvin Safe
8>4
Co (new) 2d pref
21 HerrinK-Hall-MarvinSafe
Co. (new) common
4^4
gattlitnfi
&
29
S. Flour Milling
Co. ist mort. 68, 1939,
May, 1900, coupons on.
$42,000 U.
attjft
"giuviuciul.
Trask &
BANKERS,
PINE STREET,
20
Co.,
...
-
NEW TOBK
Transact a general bankin* businessi act as Flo<:al
Aorents for corporations, and negotiate security
Execute
issues of railroads and other companies.
commission orders and deal in
9.018
(or toreiv
compare
e.SBS.CSO
16,050,016
106.714
617,983
week and sinoe
Sine* Sept.
bus/i.
1.9.36,917
704,<i08
bush.
8,669
9.901.688
28.1Z6.2P4
e.829.188
30,616,427
bblt.
4.859.822
811,238
4H3,£32
493,111
48,368
111.914
Wheat,
at
17,886
1899.
8,486,099
40.418.776
bbls.
144,7r8
1H,608
12,468
9,768
Spencer
76.498
1000.
1,885,939
7^,641
5,387
Whft.
INVESTMENT SECURITIES.
Branch
Members N. T. Stock Exchange
to Feb. 2
25,851
41,137
Ftb.Z
1000.
In Btore «t—
18,600
60,000
1801.
1,854.812
e.!11».S48
1.
»00
New Urieaui
848,710
374,775
•••••••*
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Feb. 2, 1901, was as follows:
•il.SoO
16,277
25,678
Wetk
Binei Bett,
2.
2'^1,613
Total
Total 1899-1600.
873,500
Port Artdur
Bt.Jotau.M.B
'lour
Hher countries
8,889
'69,000
'
'*•.
1,607.800
Toledo
& C. America.
^eit Indies
ar.N.Am. Colo's
i.
Week
Feb.
94,000
58.000
2,815,000
1,014,000
663.yoo
1.710.822
Detroit
Cleveland...
lontlnent,
38,o65
8,'iai
of these exports for the
1.268,000
252,775
Minneapolis.
amted KiDKdom
76!49il
100,000
29,305
-Piour.Jlas»orts/or
and line*
Sept. 1 to—
•sek
60,238'
820 000
1900, is as below:
Montreal
155,580
Dnluth
1,
Sarl$fi
17.885
n,bM
201,813
826.919
The destination
Peas,
bush.
bu$k.
30,813
in.830
153318
43.70B
Total week
3ept6mber
Rv*,
buih.
8,879
25,5:)0
2,e40,6?5 3,938,148
.
tlme'00..1.:^97 636 3.411,239
96,627
fjalveston
,Bbl«.19e2bt Bu$h.60lbi Buth.eeibt Bu«A.32Ibi Buih.*Slbi Btt.60
OhUoffO
IfUwaukee..
bush.
118.392
10,350
John.N.B
lame
Oati
bbl«.
8.158
1,623
2,526
350
24-0
24-6
29-9
26-6
3,4ft5,0 20-2
3,938,4 30'8
3,886,5 22 6
48,119,7 28-2
10,129,4 25-6
3,440,4 31-7
4,374,3 22-2
13,758,1 28-8
7,267,9 24-3
2,387,3 25-7
8,815,3 21-2
2,804,0 250
17,269.0 24-8
49,567,1 251
4,347,0 30-0
6,822,3 30-2
4,078.9 24-9
6,040.7 23-8
4,448,0 22-1
2,128,4 30-4
BarUv.
3t.
Plour,
57.«16
19.907
;6.t77
Portland, Me.
415,127
33,<!C0
Philadelphia..
87,816 1,02»,856
Saltlmore
•iew Orleani,. 580.000 1.080,609
318,106
40,000
Sorfolk
158.571
^ewp'rtNewf
606,639
4alTe«ton.
Philadelphia
ialilmore
New Orleans
Breadstnffs Figures Brought from Page 301.—The
statements below are prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Feb, 2
and since Aug. 1, for each of the last three years have beent
JU«<»tl «t-
bush.
431.397
489,158
buth.
635,745
a90.425
186,173
24-6
28-1
27-3
27-8
22-7
34-2
38-0
26-2
74,322,792,267,6 871,808,2 1928260 74.493,2 969,917,6 37-6
Total
Corn,
from—
Soiton
27-3
32-9
193
288
300
269
Offlce. 87 State St.,
Albany
ai
1888
8.911.051
19.887,682
11.407 605
810,485
1.669.276
4O.S!:0.009
ALBXANDEB M.
OBOBOB BABOLAT MOFFAT.
Moffat
1.869 281
WHIM JW.
& "White,
BANKERS,
Members New York Stock KxohaDBe.
No.
1
NA8SA.U»iTKEEr,
-
-
-
NEW TOB
INVESTMENT SECURITIBS.
;
THE CHRONICLE.
270
^aufejers'
Per
Ifame of Oompany.
—
"
Bookt closed.
(Days iyiclusive.)
When
Oent. Payable
Railroads (Nteam).
Baltimore & Ohio, com
2
2
pref
Cleveland & PlttsburK. gu. (qu.)
Hartford A Conn. Western
K. O. Ft. Scott <& Mem., com
1%
1
4
4
2
pref.t...
Reading Company, l8t nref
Louis & San Fran., '2d pref..
Mar.
Mar.
Mar.
20
1 Feb.
18
1
1
Feb. 28
Feb. 15
Feb. IS
Mar.
8
IH Mar.
St.
22
22
10
21
7
Feb,
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
1
7
Feb. 28
Feb. 28
to
to
to
to
to
to
to
to
Mar.
1
Feb. 28
Feb. 15
Feb. 15
Mar. 8
Feb. 28
.TlltsfeUaneuu*.
American Radiator, pref.
Diamond Match (quar)
1\
(qu.)..
Feb. 15 Feb. 10
to
to
Feb. 15
2ifl INIar. 12 Mar.
3
Nlles-Bement-Pond, com
Jl»fi Mar. 10
"
"
Feb.
20
10
to
i^.
Feb.
(quar.)
pref.
Standard Oil (quar.)
$20 Mar. 15 Hitlders of reo.
U. 8. Envelope, pref. (qnar)
)% Mar. 1 Feb. 16 to
On
[Vol. LXXII.
United States Bonds. Sales of Government bonds at the
board include $1,000 23, coup., at lOS^^"; $14,000 3s, coup., at
1105^ to 1103^; $4,000 33, reg., at 110^^, and $6,000 4s, reg„
1907, at 114^.
The following are the daily closing quotations; for yearly range see seventh pagefolloioing.
©a^jette.
BIVIDJBNDS.
t
:
,
,
.
Mar. 12
Feb. 19
Feb. 15
Mar.
contracts for preferred stock of the Kansas City Ft. Soott
1
&
Gulf and Kanaas City Ft. Soott <& Memphis railroad companies.
1 Also IH per cent payable June 10.
Interest
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Periods.
2
i.
5.
6.
7.
8.
2b, 1930
reg.
28, 1930
coup.
3b, 1918
reg.
3s, 1918
coup.
38, 1918, small, reg.
3s, 1918, small.. o'p.
4s, 1907
reg.
4s, 1907
coup.
4s, 1925
reg.
48, 1925
coup.
1904
58,
reg.
5b, 1904
coup.
-Jan.
-Feb.
-Feb.
-Feb.
-Feb.
-Jan.
-Jan.
-Feb.
-Feb.
-Feb.
-Feb.
,
.
,
,
*
This
Is
n0538 *10588 »105l4 *105l4
'10538*10538 •10538 IO5I4 'IO5I4
-Jan
.
'10538
110^
110
*110
m
O
110^
*110i4 *110l4
'110
*110
11414
*113i2*113»«
*137i4 *137i4
*137i4 -13714
*113i9
*110
•llOH
11058
110%
*110
113i« *113i«
*113ia
*137i4
*137i4
*1101fl*110l2 *110V,
*110»fl*110l3 llOia
O
*110l4
*113i*
*137i4
*137»4
•llOlg
*110l2
nio"
*113ifl
*113ia
'I3714
*137i4
•llOia
*UOifl
the price bid at the morning board ; no sale was made.
—
Coins. Following
coins and bullion
Sovereigns
$4 85
Napoleons
3 84
X X Relohmarks. 4 74
25 Pesetas
4 78
Span. Doubloons.lS 50
Mex. Doubloons.lS 50
Fine gold bars... par
are the current quotations in gold for
:
Fine Silver bars. — 60 %@ — 62%
®$4 88
— 9* ® — 96
® 3 87 Five francs
STREET, FRIDAY, FEB. 8, 1901.-5 P. M.
Mexican dollars.. — 47>fi® — 50
a> 4 78
The Money Market and Financial Situation.— Events
— 44 ®— 46i*
@ 4 83
Peruvian sols
English silver
©15 60
$4 81 ®$4 84
recently made public of such Importance as a unification
— 70
®15 60
U. S. trade dollars — 60
of the anthracite coal interests, of the Southern and Mobile
®i4prem.
& Ohio "i-ailways and of the Union Pacific and Southern
Pacific systems, have led to a number of schemes, real or imState and Railroad Bonds.— Sales of State bonds at the
aginary, for other developments of a similar character. The Board include $94,000 Virginia fund, debt 2-3s at 96 to 96^:
latest vehich has the appearance of probable consummation and $1,400 Tennessee settlement 3s (small bonds) at 96.
in the near future, and which has been a dominant factor in
On a volume of business averaging nearly $8,000,000, par
the security markets this week, relates to and includes all the value, per day, the market for railway bonds has been genimportant steel plants of the country. Such enterprises are erally firm, and in some cases decidedly strong. There was
regarded with favor by the professional element in Wall a special demand for a few low-priced issues, in which there
Street, especially when, as in the present case, gossip about was a conspicuous advance, including Wabash debenture
them is accompanied by largely increased activity' and wide Bs, in which the transactions were on a very large scale,
fluctuations. There seems to have been, however, a good and that advanced from 46i;^ at the close last week to
demand for securities by legitimate investors, and railroad 59^ to-day, after reacting somewhat with the general
WALL
bonds as well as shares of the better
class participated in the
upward movement of prices.
This movement was augmented by increasing ease in the
money markets at home and abroad, by an easier foreign
exchange market and by a cessation of gold exports. The
London money market is so much easier that the Bank of
England has reduced its minimum rate of discount from 5
to
4:}4
.
-a*
market on Thursday. Peoria & Eastern income 4s advanced 6 points on relatively limited transactions. Central
of Georgia 2d incomes. Southern Pacific 4s and St. Louis
Southwestern 2d 4s moved up 3 to 4 points. Denver & Rio
Grande improvement 5s of the higher grade issues advanced 3)^ points, and several issues advanced from 1 to 2^
points.
per cent.
Stock and Bond Sales.—The following shows the volume
The open market rates for call loans on the Stock Exchage
business in stocks and bonds on the New York Stock Exof
during the week on stock and bond collaterals have ranged
from 1% to 23>2 per cent. To-day's rates on call were 2 to change for the past week and since Jan. 1
Sales at
Weekend. Feb. ^.
Jan.\toFeb.%.——s
2}i per cent. Prime commercial paper 33^ to 4 per cent.
1901.
1900.
1900.
ff. T. Stock. Sxeh.
1901.
The Bank of England weekly statement on Thursday Government bond!
125,000
$119,400
»341,450
»784,700
boiidg
»3,0OO
85,400
384,900
8D9.700
showed a decrease in bullion of £35,793 and the percent- State
15.007,000
143.338.400
e4,21ii7.700
BB. and mlso. bonds.... 40.095,100
age of reserve to liabilities was 45-56, against 44-55 last week;
140.205.500
Total
S15.2ie.400
1142.964,750
$65,418,100
the discount rate was reduced from 5 to 4J^ per cent. The
7,907.784
14,eaw.806
shares
8,788,:-3a
89,757,659
Bank of France shows an increase of 25,975,000 francs in Stocks-No.
Par Talne
tS.829.e&0,4U0 tl.876.40S.312
1763.688,660 1827.500,036
Banksbares,
par
value.
163.390
130,500
gold and 2,^^25,000 francs in silver.
We
add
the
following
daily
record
of
the
transactions:
The New York City (Jiearing-House banks in their stateWeekending
ment of Ffcb. 2 showed an increase in the reserve held of
Stocks.
Sailroad,Ac. State
U.S.
Fe6. 8, 1901.
Shares.
Bonds.
Par value.
Bonds.
Bond$.
$2,163,000, and a surplus over the required reserve of
.HOLIDAY.,
Saturday
,
—
—
>
.
184,838,825, against
Capital
Burplue
ISO.-J
99.450 the previous week.
Monday
1901.
Bifferen'sfr'm.
1900.
1899.
Feb. 2.
Prev. week.
Feb. 3.
Feb. 4,
74,222,700
92,257.500
69,422,700
80.980,200
58,072,700
75,407.900
16,860,900
14,601,600
Loans &dlso'ntB. 871,808,200 Ino 30440900 699,582,600 741,526,600
Olroulatlon
31.319,100 Inc.
65,900
Fet deposits...... 969,917,500 Inc 32494500 79,5,917.300 8b0.022.500
Specie
L«gal tenders
Beserveheld
Legal reserve
Snrplns reser^w
192,825,000 Inc.
74,493,200 Inc
267,318, 20o!lno
242,479,375 Ino
1,114,800 162,765,100 197.207,800
1,048,200 67.085,500 60,250,500
2,163,000 229,850.600 257.458,300
8,123.625 198,979,325 220.005,625
24.P38 825 Deo 5.960,625
Tuesday
Wednesday
Thursday
Friday
30,871,275
37.452.675
1.400,881
l,4Ta,007
1.883.813
1.787.030
1.414.104
$7,448,500
$188,281,600
139.403,700
178,398.100
188,046.750
139.438.400
8,168000
8.806,000
7,666,000
8,217.600
876.000
9.000
1,400
$9,000
1.000
11.000
4,000
TotaL
.....7,907,781
(7a8,563,550
140,095.100
$85,400
1:^5.000
sales on the Boston and Philadelphia Exchanges were:
Boston.
Philadelphia.—^—y
Listed Unlisted Bond
Listed Unlisted Bond
sales.
thares. shares,
shares, shares
sales.
The
.
Monday
Tuesday
6o,610
43,389
Wednesday
69,42.?
Thursday
Friday.
.
EXCUANGBS CLOSED.
Saturday
Total
NOTB.—Returns of separate bants appear on page 269.
Foreign Exchange.— The foreign exchange market is
easier on lower discount rates abroad and a more limited
.
13',»4S5
16.197
53.257
Si.O 10
37,47>»
7^.502
86.916
30.521
11,689
16,092
26.3c8
30,780
7,:)43
64.8H7
37.588
4»,000
33415
6.227
190.800
313.810
95,440
398.648
168543
58.461
1.327,000
'1
6.186
7.778
25.701
301,300
208 800
869.100
12,t119
2'iO.lcO
Railroad and Miscellaneoas Stocks.— On rumors of num-
erous combination and con.solidation schemes, as noted
above, the stock market steadily increased in activity and
strength during the early part of the week. On Wednesday
demand for bills.
the transactions aggregated nearly 1,900,000 shares, and
To-day's actual rates of exchange were as follows: Bank- they averaged about 1,600,000 shares per day for the entire
ers' sixty days' sterling, 4 84ii@4 841^; demand. 4 87 ^^@4 88; week.
Naturally an advance of from 4 to 8 or 9 points in a
cables, 4 88i^(a)4 88;?^; prime commercial, sixty days,'4 833^(3) long list of shares led to profit- taking sales on a liberal scale,
4 84; documentary commercial, sixty days, 4 83^4@4: 84^4; and Thursday's market was characterized by a sharp regrain for payment, 4 84@4 841;^; cotton for payment, 4 833^ actionary movement which was most pronounced in the
@i 83)^; cotton for acceptance, 4 83^@4 84.
iron and steel stocks, but included all classes of shares.
Posted rates of leading bankers follow:
This movement continued during the early hours to-day, but
later the market and nearly all the active railway issues
February 8.
close substantially higher than last week. This gain is
Sixty days.
Demand.
noteworthy in a few cases, including Atchison common,
Prime bankers' sterling bills on London. 4 85 ®4 85>fl 4 88ia'@89
Chicago Great Western preferred
and B, Denver & Rio
Prime commercial
4 83%®4 84
Grande, Chicago Indianapolis & Louisville, Reading 1st
Documentary commercial
4 83i4®4 84J4
Paris bankers' (francs)
518^®5 17i9' 5 16l4®1658* preferred, Wabash preferred, St. Joseph & Grand Island
Amsterdam (gollders) bankers
40i,ea40i«
and Wheeling & Lake Erie issues.
406i8'»4038
Prankfortor Bremen (relohmarks) b'kera 9413,R®94'8
953ie'3>95i4
The miscellaneous list has been more prominent this
* Less i-[(f
week than for some time past under the stimulus given to
The following were the rates of domestic exchange on iron and steel issues by the rumors mentioned. As will be
New York at the under-mentioned cities to-day: Savannah seen by reference to the subjoined list of quotations,
buying }4 discount, selling par; Charleston, buying par, many issues of the latter class fluctuated widely and
selling 1^ premium
New Orleans, bank, $1 00 premium others were more or less irregular. Western Union and the
commercial, par; Chicago, 10c. discount St. Louis, 15o. per tobacco shares were notably strong. On the other hand,
$1,000 discount; San Francisco, ITJ^o. per $100 premium.
Pacific Mail and Consolidated Gas were weak.
A
;
;
.
.
.
.
.
.
THE CHRONICLE -STOCK
Few York Stock Exchange— A Daily,
FEB.
8T00KS—HI&HBaT AND L0WB81 8A.LK PRIOBB.
Sturday,
Monday,
Feb. 2.
Feb. 4.
•20
•67
80«
77H
81
•123
58
6394
63J«
8j
9l«
61
186
65
89%
93?<
8fl«
87
79
8lH
81
81
90
90
(>'>H
68%
I04H
155'
153^ 153«
4094
4m
40^ «0H
3i«M
7i« 75H
75
75^
95
126
139!^
147^
147Hi
84Ji
1»« 20«
9a%
20H
9<iM
•98
H
83
53« 55%
88^ 80%
91% 98%
8-1% 87H
78
80%
100
3m
94
•01
68% 58«
•104%
isa
147
08
83
6J
1S6
124>4
130
187
18H
180
14Hi
im
174
176
148%
0854
187% 137%
80% 21%
88% 0i%
859<
173H 174
158"
40% 41%
40
40H
74%
46H 53% ei>^ 64
29
28>i 8P94
68« 87H 67H 69
i6\% 15UM 151H 16<lH
l8iH 192H •193 193
8
58
84
58
29%
192>4
68%
164%
19a%
174
176
68
1S«
187?il28H 126« i38"
135
185
•180
185
14i<
•IBS
•180
15
87
88>ft
7fl«
37^ 88M
78H
78
78
117M117H
133
185
14% 14V
38%
77% 78
87
28% 28%
69H
60
7U
40«
•ie>,
151
198
7K
7W
17
153
197
33
3 an
84H
85
21
'4
161
1«5«
*H
28H 88M
esH 6t
43
41%
41H
81
a
45
42
83
83
69
12>i
139
129
24
•24
17
19
18
40« 41H
6
8M
27
•41«
4
•110
67
1
42
113
350
72
230
•111
67
160
28
•86
70
81
95
•811
64X
147
21
41
•74
61
88K
42^
•?!«
725*
110
28
61
01%
701a
100
ZIH
139
B14
33%
46
8a% 83%
87% b7?6
64.>i
•63
H13% 113%
147%
81
46%
;
4H
21W
6H
00%
68%
KallwRy.
Bid.
«JIW YOUK CITY.
iBMMk Bt A Fal F—Slook. SO
litmon 4s 1950... J AJ 100
'way A
7th ATe-r-Stook.
Istmor
Sdmor
5s 1004... JAD
6s 1914.... J AJ
836
1108%
110
Oon 5s 1943— 8«c Stock BzobI
B'waySun
%A
lit Ssgu. 1924 {116
OS tnt as rental. 1905 1108%
ntral
<st
Crosstown— stock 856
M 6s
1922
MAN
?185
82%
60%
02
6«%
It'O
100
51
83H
em
189
38% 3454
46% 4H%
85%
83% 80
87% 88%
185%
149
25><i
50
03
67
153
25% 26%
46
46
78
•73
Arbor
Ann
Do
88
108
840
••
•
113
lit.
lie
103%
130
Jtange for year 1901
On bansof too-Mh're lott
mi
m%
Highest.
Lovoett.
138
8 183
Jan
59
47
um
.
.
GJ
Oen Pk N A B RiT— Stock 300 803
^oniol 7i 1908
JAD 104% 105%
94
MO
85
135
59%K(;b
lC!J%Jan
•87
•63
148
O' Do pref., TOt.
63% 63% Paolflo Coast Co
•87
92
Do 1st pref
Oa 67
Do 8d pref
54
01
67
60
47
47
•45% 48
59"
60
93
Ninth ATenne— Stook.
.
7
198
6
5
Feb
Feb
36
7!%p-eb
8
8
Jan
6
162
83,67 )
1,600
A Bt
30
14
L.
Jan
45%Jan
108%J'ne 148!4r)eo
;
'
I
OWjFob
5
47%F(,'b
8l%Fc;l)
36
14
69 Feb
22i4Feb
6 Feb
4
18
1654l*"cb
Jan
16
lOmDeo
06 Deo
t^%D60
5!4Sep
42%Deo
74% Deo
J'ne 133% Deo
ll%Jan 27%Deo
39 Sep 58 Mar
30%Jan
Feb
Jan
Jan
Feb
Jan
19 Feb
43 Feb
58
110
Jan
10
7
Jan
Deo
17% Apr
43%Apr
25
Set
37%3ep
8%Feo
3%May
Jan
Deo
Deo
6
83
14%O0t
20%Mar 58 Deo
88%Feb 115 Deo
10%Jan
114 Feb
»197 Jan 1240 Deo
8
47%Jan
6
6 8% Sep
l2e%Jan 12
84
J'ne
143%Sep
S
84%Jan
2
76 Feb
b
10%Jan
4%FeD e
2%8ep
1104 Jan
73 Feb 6 45%J'ne
110 Jan 18
87%J'ne
21 Jan
14 Sep
5S%Jan 8 47 Not
8 3% Feb
6
Sep
6 1 Feb
6
aSHSep
93%Feb 7 38%Jan
8
7a%Feb
8
Feb
1
1193
Deo
27%Deo
J'ne
144%J'ne
53%.Mar
76
ISO
88
55
88
174 Jan
30 Jan
83!4Jan
16'<Feb
6%Mar
80%NoT
27%Deo
83MDeo
4 3% Deo
S4%Mar
04%Apr
30
14% Apr
8
OMFeb
4 9% Feb
70%F«b
93% Feb
J'ly
8 J%8ep
8a%Keb
17%Jan 81
90
J'ne
16 Sep
38%Uoc.
71 Oct
Feb
29 Feb
30O Jan
07 Jan
20%.Mar
10%8ep
e9MJan
46^jan
48
47%Mar
lTl%8ep 191% Deo
lOHJan 34%Dea
64%J'ne 87 Deo
13 J'ne 31 Deo
41%Feb
81
i!%Deo
Sep
Sep
Sep
ne%Sep 134HDeo
103^Jan
Jan
303
89 May
89%Dee
ll6%Deo
Feb
182
37%Apr
84%NoT
17%Deo
5 Mar
115 J'ne
71%Deo
104%NOT
27 Apr
Apr
17%Deo
47 H Deo
72%Deo
69
35 J'ne 49 Deo
il83%Jan I189%M7
liej^Jan 12 135HJ'ne ll5%Dea
24^Jan 2 11 J'ne ii4%Deo
75 J'ne 110 Deo
100 Jan 10
56%Jan i 89 J'ne 58%Deo
1400 May SI8O J'ly
ll34WJanlS 1130 Jan 1135 Mar
il3%Jau 83 i807%6ep i2l53jJan
SdnJan Iv l8%J'ne S8>4Deo
48%Jan 19 82%Jan 45% Deo
64%Feb I 67 Jan 83 Deo
88HDeo
4 5% Sep
90 Jan 6
91%Deo
07 Sep
89 Jan e
46 May 68 Not
8a%Sep 90^Deo
57 May e9%Oot
184%9ep 149HDee
5 J'Le 18 Deo
eiMJan
e4%Jan
«8
14V%Jan
14%Jan
38%Jan
163
Jan
Jan
27HFeb
47
70
68
95
36
77
^HJoJ.in
e'^'aJan
38
Deo
Apr
Deo
45
29
61
J'ne
177 Jttn
5 150i4J'ne 172%Deo
322%Jan 5 195%May 220 Deo
li8%Jan 7 102 J'ne 12i!%Deo
i37 Jan 111 110 Oct 1126 Not
;85 Jan 11 172 Feb 175 Mar
IC^Jan 81
8%Oct 11% Deo
39% Jan 31 2fl%Oot 39%Apr
81 Jan 14
55 J'ne 78 Deo
119 Jan
103%J'ne 118 Deo
83% Feb
14%Jan 30 Not
72 Apr
77V, Feb
46 Jan
78 Jan
POO 57 Jan
860 x88 Jan
pref.
emoao
t
95VjJau 26 189%Jan 167^ Deo
80
Feb
Jan
Jan
Jan
Jan
Jan
47%Jan
Jan
oonsboutivb pages).— 57 ^jE'J^I
Ask.
Bid.
.
6
4
99% Feb
I
93 Feb
Jan |150%Deo
J'ne 4 3% Dec
48 Deo
31 Got
68% Nor 78 k Deo
II 9% Jan 144 Deo
6>!
Jan 109 Mar
110% Deo 135 Aug
9%Sep 18 Deo
81 J'ne 9i>4Deo
e8%Aaii 83 Deo
7
3% Feb
:
89%Apr
115
24
5
6
85% Feb
8w%IJeo
35
Jan
55%Jan
49% Sep
Deo
Deo
80%Jan
78
J'ne
15
Sep
Jan
94 Jan
36 Deo
71%I)eo
83%3ep
30!.tDeo
40
i
731.*
100 shares.
165
Chrlst'p'rAlOth rit-8tock 176
ColA 9th Ave 6i-S«< Stock Bxohl lit.
180
183
Stock
Bat—
D
Dry B B A
180
1st gold 5s 1933... JAD 1117
FAA 101 104
Scrip 5s 1014
890
400
Blghth ATenne— Stock...
109
106
Scrip Os 1014
408
42d A Gr St Fer— Stock... 395
68
78
43d Bt Man A St N Are.
litmortOs 1910.. MAS 118% 116
100
99
8d Income 8i 1915. JAJ
Lex AtA PaT F 5s-Sm Stk Bxch
151, 9He
33H Reading, rotlng tr. otfs. 118,370
75%
1st pref., Tot.tr otfs. 190,050
44^ 3d pref., Totlng tr otfs.. 114.016
(Given at foot of
Railway.
7% Feb
D«a
Deo
8% Deo
I
a;%Feb
68
800
.,,.,,
jref.
Do
8
9
01
Pere Marquette..,,
"e'i" Plttib. Oln. Ohio.
9
7(<%Jan
12
Feb
Jan
63 Jan
875
Do
93
02%
4mJan
4
s4%aop
47%Feb
91%Feb
tr. otfs.
150% 148% 119% PenniylTania..,,,,,
85
27S4 Peoria A Kastem
21% 25%
2
14JHJan
100 Fob
>
53
Jan
4i%Jan
86
59
18%Jan
58%Jan
55%Jan
72%Jan
,
8
4
9
S
180
10 Sep
40%J'ly
90 Apr
8 8% Deo
17%s!ep
52 Feb 83 ]>ec
98 Jan 1135 Deo
Jan 10
Jan
91kJan
3m
am
Jan
Jan
87%Jan 13
7
198%
Street
.
H
74%
69
90%Jari
.
.
Jan
56%K<it)
Mm
Higkut,
Lowett.
58%Jan
pref
.
prt»-
out year (1900).
Week.
Sharei
150 5H%,Tan
8
253'^
A^tah. Top«ka A Santa Fe 390,580 42% Jan
5»K
e8% 69
8'5%
pref 168,285 xHii^.la'. 21
Do
9i% 93%
4
93
Balt.AObio,Tot.tr.o«rtfi. 41,420 6.% Jan
10,087 81V(Jan 84
87«
89% e8<4
67%
pref.
Do
78% 79% BrooUm Bapld Tranalt. 127,230 7 3% J an 31
7i;% 80%
•78
85j 8
Feb 4
65
Baffalo Booh. A PltttbarK
182 12i
200 li2 Feb 8
pref
Do
400 8«%Jan 18
•90
91% •91% 92!>4 / lanadlan Paalfl<y.,,..,..
6e% 5a% V 'anada Boatbem
9,870 54%Jan
4
5H
68>*
104%
10 8k Jan
•104%
9
Capital TraotloD
15:-!%
"7Y9 lii%Jan 4
158
168
Central of New Jersey. .
41,713
42
86%Jan
31
4tM
41% 42%
CbeMpeake AOhlo...
18,720 38%Jan 81
40
i9>if)
895« 40%
Cbloago & Alton
10,120 78%Jan 4
74% 75M 74% 75
Do
pref.
Xl4'>%143k 14U%
ChtoaRO BarL A Qnlnoj... 03,160 138%Jan 4
7,000 91 Jnn 3
97% 9t%
Cbioago * Batt. Iillnoli .
550 13"%Jan 3
•127
129
Do
pref.
19% 21% 19% 81 Obloago Great Weitem... 41,720 10 Jan 3
1,400 91%Jan 88
•9i
93%
93% 93
Do 4p.o.del/eutnrea
•80
2,110 77 Jan )9
83% 183% 82%
Do B P.O. pref. "A"..
SI
6,300
43 Jan
3
40% 50^ 50
4
Do
P.O. pref. "B"..
83
35
99,991 23 Jan 8!
•3k»% 4 9?^
(^blo. Indlansp. A LoqIit..
08 69
22,500 68%Jaa 31
•;m
Do
pref.
152% 154% 162H 153% Ohloa«ra MUw. A Bt. Panl. 112,177 142%Jan 81
•ll,'0% 192
4l5 187i4Jan 4
•191
198
Do
pref.
2 914 IPS -(Jan 21
174% 175 {172 17(1 Cbloago A North Western.
811% 211%
100 314J<Feb 8
Do
pref.
i'asMisfa" 124% 126% Cbloago Book III. at Pao. 107,648 11(1% Jan 4
'188
132
183 Jan a
Cblo. St. P. Minn. A Om...
•180
185
8i%Jan 5
Do
pref.
15
7,810
14
0%Jan 19
14% 14
Ohio. Terminal Transfer..
38
9,00(;
37%
83 Jan 21
37
88
Do
pref.
X7fl
77 Oler. Oln. Ohio. A St. L.
3,700 73%Jan 35
78
70
*117 118
100 11 5% Jan 1>
Do
pref.
81
20
83% Oler. Lorain A Wheeling.
6,300 27%Jan 7
81
3,400 «8 Jan 16
70
70% 70% 77)4
Do
pref.
61,050
8% 9h Colorado & Bonthem
8
H%Jun 21
8H
23,980
40 Jan 31
43% 46J6 45^ 47>g
Do
1st pref.
do
17,493 IfiMJan 4
18
18%
Do
2d pref. do
15,700 12<?^Jan H
163% 156% 164 165 Delaware A adson
197 197 198% 197
2,600 x188MJan 3
el. Laok. A Western .
30% 41% 8a% 4i% DenTer A Bio Grande. .... 07,560 3wiiJan 21
88% 8i*
23,610 80 Jan 31
89
88
Do
pref.
81
81
•30% 31
6,000 IS Jai. 80
Des Moines A Ft. Dodge.
6
6% Onl. So. Shore A Atl
3,810
5 Jan
5i4
6%
1,735 13% Jan
8
18% 15% 16% 16%
Do
pref.
308,930 >i44«Jan 4
88% 30« 29% d'-H Erie.
67%
60
68% 6d
Do
1st pref. 110,800 Sg%JaQ 31
45
44% 46
45H
Do
8d pref. 17,660 39% J an 4
14,10i.'
48
48 BransT. A Terre Haute .
41 Jan 31
47% 48
730 81 Jan 4
182% 83%
Do
pref.
17 Jan 18
C't.WrA Den.C.stamped
80
28
r t.Wortb A Bio Grande,
800 35 Jan 89
4,883
'88
103
103% 193 193
Jan 1
reat Northern, pref. . .
2 66 Jan 2
r'nB.4W.,deb ofs. "A"
8%
699
Deb. otfs. "B"
7HJaa 2i
8% 0!<
18,165 41 Jan 3
48% 49% 48^ 49% Hooking Valley...
75
74%
19,074 8 9% J an 31
7*% 75%
Do
pref.
180
181% 129%13U!4 I lllnols OeHlral., ,,,,.,.,, 11,80'. l87%Feb 1
7,375 21 Jan ai
35% 86% 85% 26 il owa Central
8,710 48 Jan ai
54% 53
Do
pref.
26%
36
750 21 Jan 8
26
27H Kanawha A Mlehlgan...
18
7,510 l»%Jan 4
18% 18% 18^
an.Olty So. 1 ot. tr.otfs.
Do pref., yot. tr. otfs. 19,148 35 Jan 4
40% 41% 41% 42
•7
8
8
8,100
Keokuk A Dei Molnei
5%Jan 3
•26
3U
•38
80
Do
•••• 34 Jan 2
pref.
45
45
Brie
1,180
31
48% 44
S9%Jan
A Weitem. . .
Lake
•112% 114
114
114
176 l08%Jan 31
Do
pref.
•230 260
•830 250
Lake Sh. A MIoh. Sonth. .
•67
69% 70% Long Island.
692 07 Jan
70
,
03
93%
03
LonlSTlUeA
03%
NashTUle.,.. 110.451 84%Jan
118% 130% 118% 119% ManhattanBleT.,oonsoI. 118,100 111 Jan
183 164H ie2>, 161
etropoUtan Street
S3,18<: 16>< Jan
•37% 39 Met. West Side Bl. (Ohio.)
•87
80
87 Jan
70 81
•79% 83
Do
68 7 9% Jan
pref.
15% 16% 18^ 18% Mexloan OentraU. , , ,
61,640 12% Jan
4K 4% 1064H 4% Mexloan Nat'l tr. reoti... 0,800 3%Jan
•108
Mioblgan Central.
73% '78% 71% 72 MlnneapoUi A St. Lonls. .
7,382 67% Jan 19
•107
108
1108
108
Do
480 lQl%Jan 7
pref.
19 Minn. St. P. A S. B. Marie.
10
'19% 31
7:0 18 Jan 11
•51
63% 61>*
64
Do
200 63 Jan 81
pref.
98,000 15 Jan 81
31% 32% 20% 21% Mo. Kansas A Tezai
67
Do
59% 56^ 58%
79,035
4
4 3% Jan
pref.
89
03% 89% 91k Missouri Paollle
91,875 69 Jan 4
,
69% 70>, 70% 7iH MobileA Ohio
11,256 44 Jai 81
193% 195 Morns A Bssez
•193% 195
<191HJan 8
114 115% 144% 115<>4 vr y. Central A Hudson.. 97,396 l39*tJaa 3'
il Y.Ohlo,A8t,LouU...
31
21%
0,080 17%Jan 21
05 101
•98
103
Do
200 100 I'eb
1st pref.
61
Do
50% 51% 61
8d pref.
1,788 49 Jan a.
NewTorkA Harlem.,.,..
'137
139 137 138 N T. Laok. A Western,..,
fl31%JanlS
>3U 814 311 811 S. T. New HaTen A Hart
I2n Jan 21
38« 84% 32% 33H N. T. Ontario A Western. 95,415 28%Jan 81
46
46%
46
NorfolkA
44%
Weitem
84,000 42 Jan 10
83
Do
974 88kJan ai
184% 84% '83
pref.
84^ 67% 81% 88 Nor. Pao. By., TOt. tr.otfs. 238,335 77^<Jan 21
Do
87% 88% 87% 8Si4
16,526 84>4Jan 81
pref.
r.B a. A N.Co.rot.tr.of s
158
Range for
Maiet
of the
Railroad Stock*.
83
68
33%
35
33% 34% 83
75
76% 71%
73% 77
43%
43% 45% 43% 4H
were made on this day. I Less than
Alk.
•
4H
X48!4
OUTSIDE SECURITIES
street
10^
145
21
16m
no sa es
69%
08%
71% 78
02
67
60% 61
94% 95
33
34%
71% 74
43
43^
SSti
79>4
4214
10
•54
•87
•68
54% 61%
1471a
84
41
75
61
41«
«4% 46
•137
45Vi
87
30
18
108
1014 20
51 55
88
65
U8
131
ae%
54% il«
108
S4)< 85%
84
Bid and asked prices
23
81
4?S
•137
•311
86H 87H
87
6
120
165
•26% 89
180
80
le^i
60
S2K 82^
45^ 40
iSS
43M
116
80U
4X
•08
*%^% 85H
83
m
19^ 31
10H
100
139
213
•24
18
41
18H
•198Jal05
144% 140
49X 60H
•137
am
8% 8%
48% 49%
74% 7d
85
15%
69%
107H low •107
•18^ 31
•60H 65
21
19H 21
es
«ok 60
87H 0OH 0OM
60
70H 70
195
145
6
71
60%
93% 93« 93
11 »« 181H 118%
ie4>4 168
163%
14^ 16W
4
4X
106
69^ 7^
144
19
40?i
16% 16%
38% 80?^
04% 68
45% 45%
40
47%
83% 83%
130
8
0m
117« 13C54
193
31
1299i
40M 41«
93^
les
•86
•79
108
86% 88%
66
26% a7'4
5iM 34%
24
•85
198
38
"85%
193H 198% 103%
44% 49
7a« 75i4
86X 87
63M 54
280
825H
8M
7a>4
o
o
46^
8V(
43V 44%
as
46
8%
43% 43%
17% 18
153% 154%
•••••• ••tt*«
103^ 103
ex
ie8v<
66^6
•••••t ••• tl*
19a
164
33H
85M 86H
8li« 82%
4« 4H
18M 1444
88M 299i
15
o
w
8
8
40« 43
17Ji 17%
4l'Ji
N.
Ftb. 8.
271
Weekly and Yearly Record.
STOCKS.
Y. BTOCK BXOH.
Friday,
7.
(a pages) Pa^,e 1.
1
122^ 189H
•10«)4
H6H
Feb
•30
90H
67M 69H
94
135
Feb. 6.
23
69
•a 9
•153
Wednetday Ihuriday,
Tueiday,
Feb. 5
89M
0QH 91«
8«H 87
•
prices
9, 1901.]
.
.
1
iBt.
806
Street
Railway.
—
Bid.
Second ATenue fitock.
199
1st mort 5i 1909.. MAN {107
Consol. 5s. 1948.. .FAA • 118
Sixth ATenne Stook
300
Son BoQlOT 5i 1945.. JAJ nil
So Fer lit 5i 1919.. AAO no8
Third ATenne— ,S(e Stook Bxoh
Tarry
5i.l088 107
Tonkers St RK 5i
104%
38th A 29th dli lit Si.. '06 fll3)4
Twenty-Third 9t— Stook. 400
Deb 5s 1906
JAJ lOS
Onion By 1st 5i '43.FAA 111
—
W PAM
.
Ask.
801
180
810
115
•*•••<
list.
109
107
1M%
«"0
1)8
113%
RAILWAYS,
Street Kailwnyi.
Westohest
lit 5i '43. .JAJ
Bid.
Impt 5i— Sm
SU')Ck
Aik
iioa
110
107
114
100
117
BROOKLYN.
Atlan. ATe.,5i lOOO.AAO
AAO
Con Si R 1931
<*c
Kic h
lilt.
AW.K. 5i 1933 A*0 101% 103
Brooklyn City—Stook ... 980>3 841
Coni 5i— S« 8toot Kxc hanrre lUU
....
BklynOoiitn5il908.J*J lOS
108
BkinHirtilii 5il941AAo 108
8'kyny Co.A Sub— S«# St ok Bx. Usu
B«lyn Rftp.Tran.- 8«« Pti^ ok Bx. LI it
B. B.
..),.......
.
.
THE CHRONICLE-STOCK
272
arOOKB—BieHEST AND LOWEST BALE PRICES.
Saturday,
Feb. 2.
Monday,
Wednesday Thunday,
Feb. 4.
Feb. 6
i>6. 5.
9H
65
69
8
8
70
70
8M
esM
6954
•20
59514
ai
59
60
68
2 i4
aoi4
65H
S3H
66
33
81)4
65)4
64^
S\H
66
80V«
81
eo
84
68 5<
8094
8054
81
69«
60
59%
35
47H
35%
64H
8854
4654
8854
48
24
30«
74M
30M
7614
31
69M
23
61M
23
74
39
'180
182
84J4
SB
•190
70
88« 90
85
IS
88
86
ISM
89
11« 18^
54H 64H
88^ 29>4
96
9
9
II
69
6»
73
84
27
66
33
83
„
5994
„, J>o
as
4M
2!
a
o
69M 5954
98H
3HM 30«
73^ 75
98J4
46
«7J4
91
89
13756 188H
58
O
a
s
ts
a;
o
o
9094
71
30)4
715<
31
90)4
22%
23
90
88
ISO
68W
71 >2
3054
•89
136
3794
68)4
7
7)4
8694
7)4
3494
35%
8S
86
•4)4
494
•86
61%
9794
99)4
80
74
47
76
99
81
80%
49)4
9094 98)4
13694 138)4
59%
iSH 44
17794 17794
•894
10
47)4
49
130
•118
1184)4 194)4
44^ 4594
9694 96)4
47)4
7594
81
194)4 194)4
49)4 49)4
81
81
69
70
59
5894
7)4
86)4
78)4
l')4
31
17
44M
4394
7694
50
68)4
98%
95
98)4
1694
60
34^
43)4
48%
180
97
60%
91)4
7)4
•8
88)4
•98)4
18
8b94
88%
94
•93
1894
8954
•88
189<
m
4
7494
419i
9194
45)4
49
68
8494
98
65
103
•35
93
9954100
•34
36
164
80)4 31
155
6)4
vm Do
pref.
38% American Steel Hoop
77%
Do
pref.
53 Amer. Steel A Wire (new)
94
Do
pref.
81
76
51
9396
93)4 919i
187)4 139)4
137% 141 American Sugar
Do
119% 119% 119% 119)4
•96
61
90)4
117
4494
178
994
Beflnlng.
prof.
»e American Teleg. A Cable.
65
American Tin Plate
91
93
Do
pref.
1169411794 American Tobacco
196
619<
98
65)4
93
11894
Do
30
75
19% 80%
2094
76)4
44)4
68)4
81
16
3994
94
18%
90
20
pref.
American Woole n
Do
76
pref.
46% 46% Anaconda Copper
180
Drooklyn Union Gai
10
10% iJruniw. DockftC.Imp't.
4694
'178
178
1094
61)4
94
67)4
103)4
87
168
20
183
•6
7
aOO
80)4
300)4
16X 15%
63
30
68
60
60)4
19%
1994
•67% 6|%
4
66)4
18%
188%
93
38%
76% 77
1594
6O94
6694
•14
71
155
13
70M
64)4 64)4
18% 18)4
74% 76
19% 80
800
80O
81,105
8,W75
43,174
5,500
437,402
18,870
193,120
5S0
360
79.685
8,180
107,040
60
1,790
loo
8,350
530
4,334
17
71%
40
93
10
•94
•18
38%
48
48
75
49
95
7494
9394
76%
49%
94%
67
6994
45
•35
7
44
44)i
44
101
3994
x87%
101% 103
76% 77%
77
199
200
16% 17%
63% 64)fi
63
•60%
30% 21
68% 69
66
21
70
8%
63%
3%
6794
•14
70)4
6796
80
•16
17
•36
160
80
6,452
1,006
135,786
9,000
pref.
63,80
8,050
pref.
Do
Jan
4
4
41%Jan
3
17
409«Jan 4
18 Jan 31
87%Jan
4% Feb
7494
Do
National Tube Co
Do
104)4
53%Jaa
96 Jan
83
69
38
Jan
Jan
Jan
8 i 94 Jan
l3'%Jan
117%Jan
1^4 Jan
55 Jan
87 Jan
110%Jan
137 Jan
ie%Jau
'2 Jan
4094Jan
175 Jan
854Jan
N.Y. Air Brake
8154 North American Oo
13)4
18
78
20
60
103%
38%
77%
78% 77%
1193
,
Do
O
•81% 63
6794
30
17
70% 71%
67%
13% 58% 14)4
75% 7594 76%
80
il994 80%
60
5994 60%
epubllc Iron
Do
&
Steel. .
pref
Silver Bullion Certlfi.
*I
, ,
83
88
70
•8%
Standard Bope h Twine.
6494 Tenn. Coal Iron A BB...
31
Texai Paolflo Land Truit.
16% Union Bag A Paper
89
8%
pref.
Pullman Company
198
15% -16M
61% 62%
17
64
63
91
70
70%
100
B'kC.&New6i'89.J&J 114%
«l.8t.&New litSi'OeF&A 104
tt'p't A Lorlmer St. lit Oi. 105
Kmg* Co. Hlevated.—
1049—8m Stock Bxoh,
76
110
Railway.
OTHEB
Do
«?«
Do
71%
168
i'.ibo
00
1,190
54,160
w
Ask.
490
80,26"
4,204
8,316
8,390
66
59,837
Deb6i 1917
Ust.
Cleveland City By
ClCTO Clty-lit 5i '09.J&J
Cleveland Electric By.
Con 5i 1913
MAS
. .
Oolumbui
(O) St By.
Preferred
Street Railway.
Colum By— Con 6i.— S«« P
Grand Rapldi By
131
102%
103% 106%
103
83
84%
10294 104
9
8
7
6
2
7
2
7
7
6
3i l4754Jan
9 190 Feb
7 197 Feb
2
80
Jan
5
"896J''ne
84)4 Dec
64
78
55
Sep
31%J'ne
Deo
Deo
IS^Deo
894J'ne
81%J'ne
4 5)* Dec
3096J'ne
469<Deo
10%j'ne
2 39* Deo
2S94Jan
6
74%Jan
3
e8)«Feb
8
Jan
6
8
11
2*94 Feb
77
18
Jan 2
Jan 18
7
Pref
JC Hob A Patenon
41 g Nov 1 1949. .M&N
Kansas City El 6s.. 1938
J&J
Guar 4s 1938
Lake St (Chlo)EIev-Stook
JAJ
deb5i 1938
Loulsv St By-6sie80J&J
87
40
Common.
9454
86%
Preferred.....
J%Feb
t
4
97 Jan 14
1454Jan 7
xi'd
94
Jan
Jan
30%Jan
5
S
2
2
Jan
Jan 14
79 Jan 23
88
4j
3
49%Feb
7
6
53%Jan 14 7:%Feb
6
«3
35
2
Jan
ir
93
108
37
Jan
Jan
Jan
11 Jan
73 Jan
19 Jan
5994Feb
• 130 Jan
ei Jan
53
3
794Jan
J'ne
18% J'ne 3l%Jan
34%J'ne 5e%Deo
85 J'ne 99 Not
17 J'ne 50%Feb
64%Sep 86 Feb
38%J ne 59%Apr
Feb
95
69%J'ne
95%MaT 149 Deo
8
7
21
10
60
66
96
Nov 40 Feb
Nov 66 Feb
May 80 Jan
33
Jan
1894May
Jan 100
6%Jan
J'ne
40%NOT
Feb
79%J'ne
96
89)tOot
80 J'ne
76%Nov
15%Aug 28%Feb
83 Au» 106%Feb
SS%nct 46 Not
S3%Feb
97 Feb
40%J'ne 69%Dec
8654May 105%I>ec
7994J'ne
87%Feb
Aug 7094 Feb
59%Jan 66 Deo
17%Oot 80 Not
59%J'ne 71 Not
4%Mai 10%Jan
894 J'ne
49
Oct 104
Feb
13% J'ne 8194Dec
10
J'ne
Feb
7794 Feb
85
56%May
Mar i5994Deo
145
794J'ne
J'ne
81 J'lj
Jan
88%Jan
SMAug 10%Jan
Deo 3994Deo
Deo 77%Dec
88
76
49
14%Jan
Jan
Jan
11 U39 Feb
31
38%NoT
75 Not
6594 Dec
30 Nov 37 Apr
113 Sep 175 Not
lS96Jan
8294 Dec
9 Feb
6%J'ly
22
39 8694J'ne 67 Not
81960ot 111% Apr
2
88% Sep 5894JaB
8 9% Not
7094bep
176 J'ne 304 Deo
6794Feb
7*
34
85
J'ne
4
8
26 i5994Jan
21
21
14%Mar
Mar
68
34
8
Jan 18 21%Jan
12% Jan 21 18 Jan
P9%Jan 28 7456Jan
1
Not
Dec
87%J'ne 49%Apr
60% J'ne 78%Feb
8 Nov i6%Feb
S4%Dec 60 Feb
37
3 4% J an
1142 Mai 191
I
Jan 21
Jan 21
Jan
Jan
Jan 1150 Not
8994Dec 99%NOT
l2%Jan 3696NOT
5794J'ne 73 Dec
80 J'ne 3794Apr
8854 Sep 100 Apr
6 107 Mai 118 J'ly
6 { 87 Sep i98%Jan
4 66%Jan 14
18 J'ne 67%Deo
18 «3 Feb 7
7094J'ne 93 Deo
81 11894Feb 7
84%J'ne ll496Deo
2 143 Jan 16 138 May 140 Feb
17 21%Jan 8
81%Dec a8%Deo
17 7fl%Jan
76 Deo 7694 Deo
21 489iJan
87%J'ne 54%Apr
18 178 Jan
140 Jan 183 Deo
19 ir96Feb
6%J'ne 16 96 Jan
21
569^Jan
29%Sep 66%Deo
1 132
Jan 14 117 Oct 131% Jan
18 18)4Jan 2
11% J'ne 31 Apr
18 l965<Jan
n64 Sep 301 Not
4 47%Feb
81%May 40%Deo
2 98%Feb
8
70 May 95 Not
SI 89)«Feb 7
89 Sep 98%J'n»
29 69 Jan
8554J'ne ' 68XDeo
81 83 Feb
6054 J'ne 79 '•jDeo
2 82 Feb
64 May 81 J'ly
10 196 Feb 8 120 Jan 300 Deo
81
53 Jan 8 44 May 80 Not
8 9794Jan
6
93 Dej 103 Not
Feb
52
19
100
1,100
Crosat'wn— 1st 6i
CITIES.
Buffalo Street Bylit consol 5i 19S1.F&A 1119
6
2
19%Feb 5 25)4 Jan
65%Jan 22 70 Feb
S9(Jan 19
6%Jan
500
pref.
United Statei Bxpreii....
United Statei Leather.
. .
Bid.
3
8
100
8S94Jan
IH 78J4Feb
21 55 Feb
21 96 Feb
3
200
ei4Feb 4
7% Jan
6,100 40 Jan 4 47)4Jan
46,473 e5J4Jau 21 10P94Jan
8,476 3i Jan 22 52 Jan
1,700 75%Feb 5 83%Jan
1,917 195%Jan 21 2 3 Jan
33,679 iSHJau 22 18%Jan
7,890 5S!4Jan 21 65%Jan
e4%Jan 14 e5%Jan
pref.
.
AScO il06% ••••••
Chicago City RB— Stock.. 960
860
IndlanapoUi Str'tBy— See Phlla, lift.
J&J « 96%
lot 41 1061
V«wWmb'g&Fllitez.4%B 104 106
118%
St«lnwa7lit6il98a. ..J&J «iie
80 Deo
95%DeO
May 8%Dea
S8%May 64%Deo
1194J'ne 8l%Deo
43%Jan
111
18
15.% Jan 25 184 Feb
19,400 19%Jan 3 2154Feb
....
4
•14
•70
57
loii-Sheffleld 8.
105
80
114
Highett.
4
15
Jan 16
.s
66
8
11
19
Jan
44
Jan
7B%N0T
74%Dec l0494Jan
180 J'ne 140 Deo
77%J'ne 88%Jan
Ex rights.
(Given at foot of 7 oonsboutivb FA&iQ).^81 RBB2
Street
8
7
7
7
el94Feb
2694 Feb 6
68 Feb 6
49)4Jan 81
2li<FeS 6
7 7% Feb 6
i',806
8
Ontario surer
42)4 4S9< Pacific MaU
101 10194
eop'l'iQai-Ij.&0. (Ohio.
88
3954 Preiied Steel Car
41%
37
80
NewOenUCoal (new ttook)
37
163
6
8
•55
76
80
f
6%Jan
2' %Jan
e5%Jan
4
1
Feb
81
72%Jan
pref.
National Steel
95
68
480
pref.
National Salt
46% 47%
8094
800
Do
7454
93
1,002
775
1,500
pref
National lead,
90
48
4194
7494
36
161
•6
Do
18%
87%
104% 104% 104%
•6
66
Bid. Alk.
Srr««t Railways.
Ooney Island & Brooklyn. 336
J<U 108 103
Ilt5i 1903
A&O
5S%Jan
70 Jan 18
95 Jan 21
F)4Jan 28
37 Jan 21
92 Jan 2
l«94Jan 23
82 Jan 1-i
40 Jan 7
pref.
Manhattan Beach Co
National Blicult
16
39
94
83
18
1894
89% 89%
160
80
80)4 2094
800
94%
88%
43%
164
39
•9
539
IS
40
SCO
(St. Lonti).
Do
163
39<
6794
Laolede Gai
•10
108)4 104)t
OUTSIDE SECURITIES
61944
8
1
65 1145 Jan 8 J163 Feb
89,892 8394Jan 81 9194Jan
10,2P5 xi9 Jan 21 2 3% Jan
4,585 z87 Jan 19 73%Jan
2,000 36% Jan 18 31% Jan
865 88 Jaa 23 81% Jan
3^0 84 Jan 80 86 Feb
626 ll«9 Jan la {lai Jan
1,100 3'5%Fel) 8 41%Jan
100 fc8)4Feb
70 Jan
6,180
8VFeb
5)tJan 24
6,108 31 Jan 84 8;%Feb
;
'JTauau BHec pref
7
1
pref.
13« 14
Do
pref.
75% 76
30
30% United Statei Bnbber
61
60
pref.
Do
60% 80M
699i 6054
1138
188
•188
139
135 143
elli, Fargo &Oo......
160 1139
Union
Telegraph
88% 84X 85
eit.
83)4 83%
8694
85% 8694 8594 87%
* Bid and asked prioei no Bales on this day.
i Less than 100 shares.
t Bx 100 p. o. stock dlv.
lit 4i
6
Feb
68 Jan 39 78 Feb
30 Jan 4 27 Feb
67 Jan 39 68 Feb
31%lan 4 84)4Feb
79 Jan 8 81)4Feb
.
18
67% 70%
1394
21
16
71
f I certf I indbtl908.J&J
Feb
. .
75
100
419<
7494
47
37)4
77%
•73
•97
•8
40
93
4894
7694
4654
10894 104
199% 800
6794
75
100
13
43%
43)4 46
10114 103
8794 8994
19
8994
•63
80
70
94%Feb
.
75
x76ia
5
7
91
,
•8
38)4
13
43
OH
Feb
S8,30CI 4 194 Jan
4896 49
(Colorado Fuel St Iron.
46H
118% 118% J Do
119 119
800 117 Feb
pref.
17
17
1,400 14 Jan
17
Ool.
Hook.
Coal
17%
A
& Iron
193 19494 198% 193% OonioUdated Gat (N. T.).. 31,198 187 Jan
46
4694 Continental Tobacco
85,819 S85iJan
47% 46
96
98
96%
98
Do
5,860 93%.ian
pref.
8d
89
400 8894Jan
83
Detroit
City
Gai
89M
47
60
838,875 41 Jan
6194 53% Federal Steel
5194
6194 6494
55)4
79
80
88
Do
98,510 68 Jan
78)4 83
769< 7794
pref.
81)t
l,13j 72 Jan
81
83
Oas & Eleo. of Bei-gen Co.
81% 88
194%
196
193
198
194
Hlectrlo
8,250 183%Jan
184%
General
191)4
194%
50 Glnooie Sugar Beflnlng.
50
SO
1,633 47 Jan
60)4 60)4
4994 50% •48
•96
96
440 95%Jan
97
Do
96)4 96)*
96)4 96% i95
pref.
81
81
83
5,060 20 Jan 33
SI
88% 81% 38 International Paper.-.
71
?i^ 78
73%
6,875
69
70
73%
Do
t)9
Jan 81
pref.
7394
62% 63), International Power
11,726 54%Jan 2
60% 63
6894 69)4
68)4 6094
7
3,300
8
694
7i4 liiteTnaiionai oiiTar,,,,,,
6!4Feb 7
794
7)4
6% 79<
88
8,448 24%Jan 32
23)4
86)4 8894
28% 299t 8894 S9H Inteinat. S:eam Pomp...
Do
3,636 x74 Jan 34
76)4 7694
76% 7694 76>4 76)t
pief
76)4 7«M
Knickerbocker Ice (Chio.)
12 Jan 8
•73
•97
73)4
Lowest.
9i%Feb
7%Jan
65
Range for pr*vxoui year (I9(i0y.
„
Do
78)4
Highe*t,
Lotoett.
.
S5)t
76)4
1901
.
.
17!4
96%
9994
30H 83%
48)4 IV<
76
118
19)4
14)4
58
for year
On ba*i*of too-sh're lots
21
49%j'ne 73)4Deo
asi^Jan 3 31 Feb 6
l3)6J'ne 8H94Dec
Ahlrd ATenne(N. Y.)....
864 118 Jan 8 12B%Jan 9
45%Mai 185)4Jan
Twin Cltj ftapld Tranilt.
800 6B94Jan 21 71%Jan 28 6i%J'iy 70XDeo
Do
i47HJan 80 l47)4Jan 30 136 Jan 146 Deo
pref.
rjnion Paolflo By
7 6 9*, 972 78<4Jan
4 97h Feb 7
8i96Deo
4496Jan
Do
.pref. 117,693 8194Jan 81
909(Feb 7 70%J'ne 8 696 Deo
107,5*7 ll%Jan 3 low Feb 8
8%Mar 14 Deo
4
S4%Feb 8 16 Sep 37 Dec
pref. 190,810 3354Jan
Wheeling & L. B., new
55,115 11 94 Jan 81 1 '.94 Feb 8
8 J'ne 13)4 Deo
Do
10,738 58!4Feb 1 60 Feb 7
lit pref
58%Apr
44)4 Sep
8fi,635
Do
a7%Ian 31 S496Feb B 3194J'ne 33)^ Mar
3d pref
Wlioon. Central, new....
2,700 l4%Jan 8>
18 Jan 31
10 Sep 20 94 Mar
Do
4,080 88%Jan 17 4:94Jan 31
pref.
30 Sep 67 Apr
81% 31%
3194
Range
[Vol. LXXII.
2.
miscellan** Stootts.
99)4
33)4
13694 138>4
ifX
8d pref
•165 166 iieo
160
A damiBzpreii
9014 9854
91)4 9394 <^malganiated Copper..
83
38
93)4 3394 Amerioan Car 4 Foundry.
2394
71)4 71%
Do
72)4
71)4 78
pref.
SI
30)4 30)4 A.merloan Cotton Oil
•3C9i 31)4
88
88
90
8S
Oo
88
pref.
86
35
85
American DUtrlot Tel ....
•188
1181% 188 Ajnerloan Bzpreii
8614 88)4
36)4 3694 Ajnerloan loe
,,,
•63
Do
69
pref.
8
8
794
Amerioan Llnieed
7)4
8)4
85
85%
Do
37)4
3694 87
pref.
6
•494
5
American Malting,.,
•84
36
36
Do
pref.
61% 61% Amer.Bmeltlng & Beflning
esii
619« 68%
7"
60)4
i»t pref.
7,800
8,885
8,400
8,500
33,900
1,170
17,050
81,000
87.970
383,095
162,215
67,000
115,134
91
•73
78
44
4394 4414
•176 178
17794 17794
•9
ilO
10
10
49)4 61
4794 48)4
•118
180
•14)4 16)4
1894 17
192)4 198)4 193)4 195
46
47
46)4 4794
96
96)4
95)4 9694
J75M
4594
74)4
8094
a
2
B
17
44
156
8954
32)4
169<
I
88% 81%
29J4
60
90
90
00
88
88
114)<11BJ4 115)4118)4 117
1139
139
69?4
19)4
14)4
119^ 119M 119% 119% 139
98
196
*9S
96H •96
68«
89%
1494
1180
87
85
9694
15)4
58
..
B. ft., Tot. tr. otf •
56% „ Do
pref.
46% 48)t 8oiitheni PaolfloOo
23% 31 Southern, rotlng tr. otfi.
Do pref., Tot. tr. otf«.
76H 76%
89% 30% 'T'exa«4 Paolflo
94
700
100
pref.
Tot. tr. otf
lit pref.
3d Dref.
StLonli SonthwMtem...
38
88
12%
45)4
Do
97)4
9094
56)4
Jj. St
Sale*
of the
Week.
Share*
WMteni
A G. III.
Law. & Adirondack
su
94
88
19%
5eM
Do
no
S'.
120
71
15%
55
89
C
1180
71
3294
15)4
60
33)4
17>4
44
8854
12!4
8594
88J4
•80
60)4
85)4
54)4
Do
fit. J.
Page
(2 pages)
STOCKS.
STOCK EXCH.
Bio Grand*
133
14)4
183
4>a
35
24!4
7796
29% SI
SO
89
36
34
47%
82
90
36
6%
56
14)4
1156
37« 37X
e9H
77)4
8054
5494
4894
23)4
76)4
3094
163
68
SiH
80
188
6194
88)4
30)4
44M
!36
1180
23?i
76H
5494
59
35
95
17« 17W
3054
46%
81
61
2B94
66
48
8794
15!4
44
8054
38% 34
85%
1754
•88
65%
91)4
49
89^ 91M
38
88
70« 71H
88%
65M 65%
83)4 34)4
81)4 81%
92)4
88% 91
85« 86
IS^ 14)4
1756
1163
X
o
a
13>
70
64
23
N. Y.
•65
•93
94% 94%
•9«
Friday,
Feb. 8
Feb. 7.
prices
Bid.
Ask.
RAILWAYS,
Street Rall^raya.
do.
Bid.
Alk.
L,ynnABoi-lll0l'24.J&D «u«% 118%
lie
Illu
Ulnneap St By-Si '19.J&J {108
84
83
89
31
New Orleans City By
98
79
81
96
Preferred
105
IS
8j
North Chicago Str— Stock
80% 81%
lit 5i 1906-16
J&J 107% 108%
85
1118
83
116
North Jersey St Stock.
91
89% 83%
1
89
Bonds
10
10% Pat Ry oon 6s 1981 .JAD 1181
2d6i 1914
AAO ilOS
95% 97
lie
Prov * Pawt'ck-lst 6i '33 {lis
• 11894 119
inter est.
88
83
i Buyer pays accrued
118
lis
hlla.
Ust.
—
Feb.
TBE CHR0N1CLE.-B0ND
9, 1901.]
BONDS
ar.T.BrrooK exohanqk
WlBK
£in>llCQ Feb.
8^
Frie4
Friday,
Week'$
Range
Range or
Feb. 8.
Last Sale.
Tear
180 0.
Bid.
Atk. Low,
High. No. Lov>. High
& Snsq. Se«D4H.
AlleK. 4 W. See B. K-&Pin Dock & I. SMConofNJ.
lstC4M7l
1995
1995 NOTt "biii Bale"
18»5 NOTt
199o NOTt
.1902 J -J
Ohio * St Lou lit8i.. 1915 M-S
Atl Knox A No lit K 58. 1946 I-D •lOSHllO
Atlanta & Dan v. 8u So Kj
Atlan <fc Yad. See South Ry
Aaitln * N W. See. So Pao.
Creek 4 8. /9e« Mloh Cen
Bat
-J
97 Bale
•It 4 O prior 1 g 3^1.1935
1935 - J
Raglitered
1048 A-O-t t03M Sale
aold<i
1048 A-Ot
Beglitared
PJnn4MOlT litg3MBl935 M-N 'edii'tiik
Reglitered...
1089<
Jan.'Ol
98)4
SO
378
90
98K
08)4
lOlM
484
91H
79Mneo'99
78M
60
90
84H 84M
Jan.'01
n
00
4^1 1930
08}4
97)4
103M
OOH
00
85
384
85H
May'OO
M-N
OantofOaBy— litgSi.1945 P-At
1945 F-At
1945 M-N
1945 M-N
lit pref Inoome g 9i ..1945 oot.t
Idpref Income g 5i...l945 Oct.*
8d pref Incomeg 6i...l945 Oct.*
U65<
108
130
130
Apr '07
100
NOT'OO
Jan.'01
%'i
t««a
ISO
1069^
107H
119M
130
1
107
111
1U4
ill
30
14
Apr'OO
10
04
98M
98X
130
'HH
119)4 Jan.*01
132)4 Jan.'01
118
119
13>')4
120)4
116)4 Jan.'01
187)4 J'ly '99
12EH Jan.'Ol
llOH Jan.'01
187 Jan.'01
118)4 Jan.'Ol
llC)4Jan.'01
118
118)4
117)4 Jan.01
119)4 Jan.'01
118^4 Deo'OO
121)4
131)4
139)4 Jan. 01
107)4 Jan.'01
10':)4 Jaiu'Ol
109 Jan.'01
,
130)4
115)4,
136
126)4.
110)4
184
113)4
,
,
.
107
107
103^
Bala
102^
108« 888
98
Sale
Bale
70
37
16MBale
18
Oot'OO
73
9S
103
106
31
leu
Deo '99
180
96
33)4
63
-
J'ne'09
Oot,'00
108
Aug'OO
108H 104
100
70 100
118H
118X
121)4
Jan.'Ol
Jan.'01
laa
118)4
lies
109
114)4
117)4
180
117
118
J'ne'OO
107)4
94)4 Aug'OO
117
Nov'OO
106
1C3
Jan.'01
101)4 Apr'99
103)4 Jan.'01
lOSM Jan.'01
94 Jan.'01
98)4
93J4
108
93
100
10 101
93
ib'oii
88)4
J
97
J
118%
A-O
A-O
186
134
Nor Wisconsin lst6s..l03O J -J
6tP4S01ty lit ges.. 1919
Ohio Ter Tranif er g 4i..l947
180
124)4
109
117H
i's^
luB
166 174)4
117)4119)4
110)4
lllM
117)4191)4
116)4 119)4
117
130
118 181
130
187)4
106)4
106)4
108>»
188
144
11»)4
ll>
111)4
107 107
105)411014
*•!••• •••tt«
114)4119)4
HI 117
107 110
107 107)4
107 109%
110
116
•
••••I ••a*»'
IBS
180
118
180
108)4 108)4
113)4
118)4
110
130
119K
118W
lll9
188)4
18344 189)4
122)4 187)4
187)4 18''M
130)4 189M
I OB
107)4
184
189
137
%
188).
se 103)4 109)4
105% 107)4
96
96
Aug'OO
Deo'OO
86)4
86)4
111>< Jan.'01
96
107
97
114
136
134
May'OO
131
131
140
186)4
Jaii.'01
187
A-O
J-J
181
98
136
134
140
139)4 131
Bale
Bale
Bale
Ch4WeitIlitif g6i..l919 M-N
1932
119
General gold 6i.
Chlo 4Weit Mloh Ry Si. 1 031 ?:B
105
1931
Coupons off.
Choc Okla 4 a gen g 5i.l919
1905
Cln H 4 D oon 1 1 7i
1037
1179(
3d gold 4)41
A-O
J-J
117
06
103
113
D
J
01iiW4MDlTlstg4i.ieei J-J
BtLDiT 1st ooltrg 41.1990 M-N
1990 M-N
Registered
Spr 4 Col DlT litg 41.1940 M-8
DlT lit g 4i. 1940 J-J
W W Val
C I Bt L 4 C com 6s.. 1930 M-N
104
Cairo DlT 1st gold 4s. 1939
107)4
00)4
108
104)4 106)4
lis
113
ClnD411stgugSs...l941 ML-N
CI8tL4C. S««CCC48tL.
Cln B 4 0. See C C C 4 St U
Clearfleld 4 Mah. Se«BR4P.
C C C 4 Bt li1003
Geng4s
A-O 93
ii'H 98
9SH
A-O
395 91)4 03
MUiRlTBlstlfg 6I..1913 A-O
1936 Q-F6
Istg 4s
Bailwav, goM 3Ms....l950 .I-J
1036
BagUtered
IC24 81)4 86
SB
86
85H Sale
(Ohio Bur 4 Q— Con 7i ..1903 J -J 108>4
4 109)4118)4
100
109
Cln a * 01 eon Istg Ii.1088
BlnUng f und 6i
1901 A-O lOlMi ..... 101)4 Jan.'01
CC04Ioonsol7i,..,1014
J-D
100H103
Ohio 4 Iowa DlT Si.. 1905 F-A
1914 J-D
Consols t 7i
104M Apr'OO
104M 104)4
DenTDlTil
1922 F-A
Qen oonaol gold 6s 1 93 J -J
103)2 Jan.'Ol
100)4 103
nUnoliDlT g 8HI....1949 J-J 108K 103H 1C4)S Jan.'Ol
1934 J -J
Baglstared
100)4 10S)4
Beglitered
1949 J-J
C4SlltMOOO4I7l.l0O\ A-O
Iowa DlT link fd 5i
1 91
A-O 106V<
0Ind4W lltpf Si.. .1038 q.Jc
Not'OO
113)4 il7'
U8H
4l
1919 A-O 105V6
108
106
108 107
Feo 4 Bast lit oon 4i. 1040 1.
Nebraska Bztea 4
1937 »1-N 118«,
1 108)4113
1990 Apr
118)4
Ineoina4a.
112)4
Beglitered
1937 M-N
(.lLor4Whoonlit6s.l933 a-O
lll)4J'ne'99
Bonthweitem DIt4i..1921 M-8
CleT * Marlatta. SssPaRR.
100)4 108
100)4 Oct.'00
OonTertlble Si
24 130)4 14^T4 CloT 4 Mahon Yal g Ss. 1038 j - J
1903 M-8
146
140^
Debentures!.
leiS M-N
7 106)4 118
BagUterad
1088 qb^j
UIH \l\H
Han4atJoi oon 6i...l911 M-B 123H 138)4 183)4 Jan.'01
CloT A Pitta. Bu Pann Oo.
118)4 1>S
akle4BIlL litif eiirei.1007 J-D »118H
116
Mldl'd—
1047 J. J
118
litg
Col
8-4i...
Sep.'OO
114M
Small
1907 J-D
..1047 J . J
lltg4
IftoongOi.
1989 F-A
1984 A-O •185
Col 4 Bon lit g 4i
188)4 188
186)4 Jan-'Ol
a«noonlitSi.
32 118
117
1937 M-N lU^Sale 118)k
Ool*9thAT. SsiMetBtRy.
11994
BMlitared
1937 M-N
115 116
Oolun 4 Graanr. Sm Bo Ry.
119 Aug'OO
67
96)4
Oot.'9W
110)4 Jan.'Ol
100
Oot.'99
99)4 J'ne'99
103 Jan.'00
05)4
IBS
140
01
106
108)4
06)4 10«9«
106M
103
106
106
116)4 110)4
18 11S)4 13114
117
-J
-J
184
110)4
109% 110
107)4 Not'OO
96 May'OO
lOS^Bala
1>0M
18«)4
188)4
Chlo
119)4117
118
-J
4 St L See Atch T 4 8 Fe
ChlcStL4N0. SMDICent.
BtL
4 Pitta. S««PaCo.
Chic
Chlo8tPM4 0oon6i..l930 J -D
Ch St P 4 Mln lit 6I..1018 M-N
OH
1069^ 111)4
10 117)4 1^0)4
7 116
13719
180
108
30)4
t^
J'ly'OO
Jan.'01
IISM
103
06
J
1088
1088
Dei M 4 Ft D lit 4i... 1005
1005
lit3)4i
1005
Bztenilon4
Eeok4DeaM lit 6i.. 1033
1933
8maU
88)4 100
143
778
314
lOeM Deo'OO
138M 13SH
137H 138
Registered
General gold 4s
Registered.,,,.
180
.
M-N
.1919
Chlo4N'weiit—Con 7s..l015
1003
Qold7»
1002
Registered
oe«
91
117
119
(0tiei4Ohlog6i ler A..1908 A-01 116
1911 A-01 113
Sold 61
1939 Bl-N 133
lltoongSi
Reglitered
1939 lYI-N
1992 M-8 '108
Sen gold 4Hi
1092 lYl-B
Registered
Oralg Valley litg 6i..l940 J-J ioi'
R4A DlT lltoong 411989 J -J lOS
1989 J -J 100
8doong4i
Warm Spr Yal lit g Bi 1 94 M-S 105
Bill Lex 4 BSgUK 51.1902 in-8 103
f ei..l903
KefuErtirg (fold 38.. ..194V
U 8 Trust Co receipts...
6s.
116)4 Dec 00
114)4
•••••! 106)4 Feb '98
132H
H6X
172)4178)1
188)4151
186 186)4
Jan.'01
Jan.'01
,
Jan.'01
Sale
. .
0hlo4 AltRH— »
••«
High
186)4 17t
,
130
. .
.
J
Deo'OO
Apr'OO
,
107
04
es^Bale
1046 J -J
M4NDlTlitg6i
Mid Qa 4 Atl Dtr 6i. 1 947 J -J
Mobile DlT 1 It g 9i. ... 1 946 J -J
Oentof N J-lit ooni 7i.l902 M-N 106W.
1987 J-J
General gold 6i,
1987 Q-Jt 187
Beglitered
Oonrertlble deb 6i. .1908 M-N
Am Dock 4 Imp Co 5i.l93i J-J 113«
Le4Hnd Rgen gu g 5i.'20 J-J
1912 M-N
Leh4 W BC 6i.
Con ext guar 4^b.. 1910 Q-MI
Oant PaolQo See So Pac Co
(Dharlei 4 Sar lit g 7i.. 1036 J -J
J
J
J
179
173)4
190
168
.
n
Not'OO
118H Deo'OO
93
31
Lovo.
.
117
loan
71
No
Atk. Low. High.,
J-D
Bitenslon 4s. .1888-1926 F-A
Mar'OO
107
886-1
036
1
Registered
F-A
110 Jan.'01
1087 M-N
Qen Gold 3)41
103 Not'OO
1087 Q-N
BegUtered
BInkBigrund 81.1870-1920 A-O 116 110 116)4 Deo'OO
Oct.'00
111
Registered ....1879-1929 A-O
108)4 Jao-'Ol
Sinking fund 5I..1879-1029 A-O 108)4
107 Deo'OO
Beglitered .... 1879-1920 A-O
lOB llOM
110
85-year debenture Si. .1009 M-N iio" Bale 110
105 Dec'99
1900 M-N
RegUtered.....
laitia •••*•
Jan-'Ol
116
5i..l921
113
debenture
80-year
A-O
1031 A-O
117)4 Feb'08
Registered
139
181
181
184
Sinking fund deb 5i. .1033 M-N
184 128
1933 M-N
188)4 Jan.'01
Heglitered
71.1907
lit
Dei Mo 4 Minn
F-A
108)4 Feb '00
Bsoan 4 h Sup 1 st 6i. 1 901 J-J
103 NOT'00
Iowa Midland lit 8i... 1900 A-O
106
109
1905 M-8 111)4
113 Jan.'01
Mtl4Madlst6i
115 lien
.1910
lit
111
113)4 Apr'OO
North nunoli
6i..
lis 117H
M-8
8tPlit6s..l9O0
110
lUH Apr'OO
OttCF4
113)4 113)4
M-e
120)4 NOT'OO
Winona 4 Bt Pet 8d 7i 1 907 M-N larx
188)4 Jan.'Cl
MULB4Wlitg6i...l031 M-N 18694
105 109)6
123)4
Ext4ImpifgSs...l939 F-A 133)4
13°H
106 109)4
188)4 Jan-'Ol
Mloh DlT lit gold 8s 1924 J-J 141
104 104
130)4 Apr 00
Ashland DlT 1st g 6s 1 925 M-8 188)6
107)4 Not'OO
ConTertlble deb 5s. .1907 F-A 105)4
,,,,1911 .M-N 110
109)4 Aog'OO
Incomes
Ohio Rock 111 4 Pac1917 J-J 180)4 131
130)4 Jan.'01
es
87M 98
1017
130 Not'OO
0BIaF4N. SeeB0K4N.
Central Ohio. Bee Bait & O.
DanBR 4 B of Qa—Col g 6i' 37
"o'a*
ill"" iia'
J'ne'09
Oarb 4 Shawn. See 111 Cen.
Oar Cent. See Seab 4 Roan.
(kirthage4Ad. SeeNYC4H.
0«n Branch D P litg 41.1948 J-D
91
• « • •
116«
A-O UOM
A-O
M48tLlitgng7i....l937 J-D
Beglitered
Ooniol gold 5i
Beglitered
•
184
184
184
184
114)4
114
J-J
Mineral Point DIt 5S..1910 J-J 110%
1st Bo Minn Dlv 88. ...1910 J -J 118)4
1st South west DlT 6S..10O9 J-J n7H
Wl84Mlnn DlTg 6s..l931 J-J 110)6
M114NolstM L6I...101O J-D 119
1913 J-D 130)4
1st ooniol 6s
99H101
HON
Tear
1900.
. , . .
OB I F 4 N W litg Si.1921 A-O
110
93X
ise
12
L T«t SaU.
fe.
Bid.
J
1903
lstLaCro8Be4 D
Week
Range or
. .
Oonlit4ooltrg6l....l934
1034
Beglitered
ad Si
Beglitered
97«
108?^
Jan.'0l
111
111
BMOh Creek. £leeNTC4H
B«l 4 Oar. Set Ulinoli 0«nt..
Boonar Bridge. Se«MK4T.
awar47thAT. Sm Met 8 Ry
Bklyn 4 Montank. 8e« L Isl.
Bnuis4West. 8ee8aTF4W
Buff N T 4 Hrle. See Brie.
1937 M-B 'iia«
BaffB4Pgeng6i
1947 J-J
Debenture Si
All 4Weit l8tg 4ggu.l998 A-O lOOX,
014Mahlgtgag5s...l943 J -J
Booh 4 Pltti lit g 61. .1931 F-A
1033 J-D 189
OonioUite
Bnir 4 South weit. See Brie.
Saff4Buiq litgoIdSi..l913 A-O
1913 A-O
Beglitered
1906 J-D 107
BarOR4Nlit6i
J -i
1013 I»l-8
1913 m.-s
103
90
.
M-S
lit 5i.. .1908
103><
106
105
963
87
Sale
MononBlTlstRaRSi.1919 V-A
Deo'OO
IDS
Feb.
273
1.
Price
Friday,
Qengold4i8erlesA...1989
Ji
1 989
-Jl
Registered
Gen gold 3)48 series B. 1 989 -JI
1089 J-J)
Registered
Chlc4L8a DlTgSs..l031 J-J
Chlc*MoKlv DlT Ss. 1936 J-J
1910 J -J
Ohio 4 Pac Dl7 68
Chlo4PWlstgBi...l931 J -J
1916
J -J
Dak4OtS0g5s
Far 4 Son assn g 6s. ... 1 934 J -J
lstHa«t4DDlT7s...l910 J -J
1910 J -J
58
1908 J-J
lstI4DBxten7s
97
108
. .
Registered
Bonthw DIT Ittg »Hi.l925
1935 J -J
Beglitered
Canada South
102^
97
Pagb
Paul—
Chio Mil 4 8tP oon 71.1905
1914
Terminal gold Ss
9fl'n 07^
19»5
96^
Ann Arbor 1 it g4i
AtOhT4 8Fegeng4i..l995 A-O 103^ Sale 1C3V«
lit og
rit
1st
A-lbany
Ailegheny Val. S««PeiinCo.
Oen Ohio R
*
M4 8tP-l8t7s»gRD.'03
7s*goldRD.... 1902
Mid. S««ea*.Fla.4W.
Adjuitment 8 4i
B««Ut«red
Stamped
Bqnlp tr ler A k 6i.
(6 pagea)
BONDS.
'1
N. Y. 8TOCK EXOHAIIGB
Week Emdiho Feb. 8. 4.S
Ohio Mtlwaufeee
UbamaCent. SeeSoRjla
PR10B8
108 108
116 117
118)4118)4
HI 114
Deo'OO
Oct.'00
118)4 Jan.'01
108
104
104
99 Jan '01
99)4 Jan.'01
104H 104)4
99 May'9v)
Oot.'00
09)4 101)4 94
98H 101)4 83 NOT'99
104
.,.,
104)4 Fab 01
8al6
94
101
•••••• •••••
9*094 ioiw
104)4 Bale
98
lOOk
IS 100)4 104)1
118)4 Jan-'Ol
136)4 Jan.'01
114)4
180
118
94
04
106
108)4
114
184
niii
..
138
. .
. .
* No Price Friday; latest bid
IISK
130
108
117
99
63
110
Bale
Bale
Btraat Ratlwaya.
Aik.
87
OonSs 1930.,.,, -,&40 1108)4 110
8d Ss 1938
.J4D *^8)4 91
So Bide Bl (Chlo)— Stock. 100 101
B7raou1eRap.Tr., Si, 1946 t 97)4 99
union Trao (Chlo) Com.
11
18
Preferred
.,,
60)4 61
amted Bys( BtL Transit) 34)4 35
Preferred
7«X 79)4
.
<3en 4i 1934
J4J < 90)4 00%
On'd TrABleo(ProT)-8fk 100
111
•oohester Ry
"^t
iHSH
MAN
114
Jan.'01
Jan.'01
Jan.'01
79
80)4
78)4
83)4
83
Bale
OS
60
111
188
131
84)4
843
•I
80M
18
71)4
81
88)4 1343
IBM
81
4 H YaL Sm Hook YaL
OolOonn4Tarm. SmN4W
Oonn4PaaBlTilit g4s.'48
30 lllM 110
100 107
118 117
07)4 98)4
1101)4 101)4
(Given at foot op
Gaa
Bid.
36
...
106H
119
180
80)4 Bale
Sale
80
83
84
106
4C
74S
105)4 115)4 Col
Jan.'Ol
119
99
P7
03
59)4
111
8ep.'00
DakAGtBo. SM0M4BtP.
aUas4Waoo. S«*MK4T.
and aakedtiUs week. tBondsdne July. IDueNor. IDne Jnneu TDueJan. IDue May. a Option sales. bDueAog. cDne April. dDneOeb
OUTSIDE SECURITIES
Chioatfo 01
188)4187
ioi)4 iViii
.
Ohl« 4 Ind By lit Si 1986 J -J
Qhieago 4 Brie. SMHrla.
Oh bi4Lonli-Rerg 01.1947 J-J •117
Befundlns gSi
1947 J-J 106
LonlST N A 4 Ch 1st 6s..'10lj - J
rton o
188
101)4 Deo'OO
.
Wait
139
Preferred
NBW
YORK.
Cent Union Qai— 1st 5s
Oon Gas (NY)— Stock—
Bqult Gas-
.
con. Ss 1933- Sm Stock
Mutual Gas
N.
Ask.
80
84
106
NT Kleo Lt Ht 4 Pow— N.
Gold 6i— See N. Y. 8tk.
Gas
NY4
Gai— See N T 8to
Qai 4 Coke.
"Inolnnatt
Jol
Gas
.
L 4 Heat—Com..
••
Preferred
J4J
1st Si 1933
Stck
Qas(NJ)—
Oinsolld
St.
896
899
Baltimore ConioUdat— Se «Balt Ltsi
J4.1
1st 5s 193b
Consol Gas (Pitts!.... 50
80
Praf
109
110
» ^ nLir
Boston DnltedOas Bonds- -Bono
C'onsnm
Y.Btk.
Bxeh
xch.
LUt.
OTHBR
CITIB8.
Bay Bute Gas—
Buffalo City Gas— Stock.,
lit Ss Bonds
1
i
6
9
78
75
(6c.
Uaa Weeurltlf.
Chicago
Bx.ll
Amsterdam Gas—
1st consol Ss
cokseoutivb pages).— fi'^^ SECURITIES,
8eeurltlaa.
Bid. Aak.
Bast RlTer Gaslit 5s 1944
108
J4J *118)4 114
Consol Ss 1946
J4J 1C8 109
Nor Un lit Si 1037. .M4N 10J)4 106
138
J108)4 109)4 Standard Gtai—Common. 130
Preferred
148 ISO
Y 8t» Bxoh
lit 6i 1030
M4N 115 117
Bid.
Heenrltlon.
oroester iMaisj'rr-f^m
<»
7
Bonds
lstrt»
Ss
"m (J City)
19T4
lAnd
iDter»st.
v*N
»'0f)4
tPrlce per sh
AA
7
THE CHRONICLE—BOND
274
BONOS.
R.T.BTOOK EXCHANGE
Wbek Ekddio Feb.
Price
Friday,
Week'$
Range
Bange or
Tear
Feb. 8.
La$l Sale.
1900.
Ask. Low. High.
A
Del liMk
West«ni7i..l907 y.-ti
lit 7i. 1914 ai-N
1871-1901 A-O
7i
,1915 J-D
liteongnar 7i
191& J-B
R««iit«red
Morrli&Biiex
NTLaokAW
J.J
lit 01. .1921
1923 FOOMtrnotlon So
1933 iU-N
Tenn&impt 4l
Byr Bln« 4 N T lit 7i.l906 A-
A ajillltoongn 711906
1906
1906
1906
ReKicter»d
Gnar gold 61
B««rllt«r«d
Jan.'Ol
13»i4 Jau.'Ol
104«
liJ4Vfi
18<J)4
140
Dec'On
Oou'98
135
186
136
103
1936 J - J
1936 J -J
Improrementgold 6i.l938 J-D
iBt 00113 !•
:51
Jan.'Ol
108
Oct.*00
:03)4 181
Jan.'01
102!^
Sale
litoon g 4^1
108
107J4
RloGSogti. SMRloGrSo
De« H 4 Ft D. 8«« R & I P.
Des M AMltin. 8m Ch A N W.
DesMUnRr lit gSl... 1917 M-H
J-D
1995 J-D
Gold «•
109
Carb481stg4s
lOSJi Jan. '01
Bale
Not 00
8SK
89M
111% lll«
W4
esH
65
76M 90
la?
Ill
Reglitered.,.,
,1996
Bnir
T & Brie lit 7i,1916
N
110
109M Deo '00
m-N
121
M-8 128)4,
.'>I-8 117X,
A-O laTS
J-D
M- S
M-8
110
J -J
J -J
J -J
.9
.....
9T
Bale
J-D
83H
Feb '99
140
131
106
138
Jan.'01
Jan.'Ol
Jan.'01
"7H
lis'
8ep.''bo
•••••• •••••.
109
Oot.'98
A-O 1S7M
A-OJ
106
in
I
1946 3I-N
A-O
J -J
F-A
112
1937
94
1940 F'102
Terminal lit g Si. ... 1943 [U-N 114
Beglif 3,000 each. 1948 m-N ,.,,,,
W11k4KailstgngSil942 J-D 108
67
108
Hit
^83
K-A
J-J
A-O
A-O
A-O
BT4Indlltaongagei..l93e J-J
136M1S9H
li8"il8"
usii'iio"
107H 111
98
90
103
Apr'OO
99^
106)^
108)< 113
104
107}i( Jan.'Ol
es
184
IC8
•••tee •••••
108
•
100
180
Deo '00
102)4 110
•«<9a ••••••
100
Bep.'OO
127
108
113
100
.
lS5>i
••••
106
A-O 134
liteoniolgold 6i....l939 M-N
PtBnionDiT lit g 61.1939 A-O 113 Bale
Ha Oen 4 Pen lit g 5i. 1918 .)-J
lit land gr ezt gold Sil930 J -J ••••• •••••I
Ooniol gold Si
1943 J-J
rt 8 4 y B Bge, au 8tL4BF.
Fort Bt D DOo lltg 4Uiig4I J -J
rt
4 D C— lit g 4-6i 1921 J-B 83 Bale
Ft
4 RloQr lltg 3-41.1 928 J -J 68
Bar 4 8 A. fie* 8 P Co.
Gal
«lH4Hot '83 lit 61.1913 A-O 109H...
Oa 4 Ala Uj lit vt g 5i.l 945 A-O 106 108
lit ooniol g 5i
1945 J-JU
99
Sa Car 4 No lit gn g 5i.l929 J -J •••••• ••••••
Georgia Paolflo. 8u 8o Ry.
aUa V 4 Nor. Se« 8o Pao Co.
ISO
108
187
Jan.'01
113H
48
lOf
100
Bep.'OO
108
1S5
108)4
110
100
.,.,,. •••««
•••«.. •••••«
105
W
W
8l«
e9J4
Mar '98
83
71
127
131
70
SS
1331a Jan.'Pl
1 06
Deo '98
100
98« NOT'OO
89
84
68)4
104M
98)4
89)4
99>i Jan.'00
Honit
W
Reglitered
lltgoldSK
Sale
A-O
105H
lOflK
106?^
ioeji
116
106
113)4 Mar'OO
106)4 Deo'OO
108)4 Apr.'98
•
LN0
.
|
6S
88
108
Gaa 8ecD ritlos.
Gai— See N Y BzO
iiez 4 Hndion Gas..,
Dotrolt
Wayne
1st 61
(Ind)
1925
J4J
Bid.
85
86
46
Rapids— Stock
101
lit 5i 1915
F4A 1103
Hartford (Ct) GaiL...35 t 48
Endson Co Gas
35
5sgl949,,.
108
Indiana Nat 4 HI Gas—
lit 6i 1908
M4N 46
iDdlanapoUi Gas— Stock.
45
1st 6s 1920
M4N 83
ftrand
Aik.
h. lilt.
40
46
60
104
104
40
108
BO
60
06
Deo'OO
125
Feb 01
aa
9919 99)4
99J4
67h Jan.'Ol
116J4 Feb '01 a28
70)4 522
63)4 Oot.'00
89«
Bale
A-O
4 Ohio. Sm 80 By.
L84Ma
117%
Sale
lis
Sm NY Cent.
^
J
gn g
lit
lOSM
KB
106)4
llOM
19)4
135W
1
83
54
96)4
66
HI
117)4
70
01
esM •8M
A
Leh 4 Had R. See Cen 0/ N J
L«h 4 WUkesb. 5m oent NJ.
Leroy 4 Caney Vau Sw Mo P.
Lex At 4 P F. Ssi Met St Ry.
Long Dook. Si« Brltb
Long Island—
Istoong 6s..
1981
Istoong 4i
,,,,,,1931
108
• • • •
100
104
88
Jan.'01
lmn.'00
101
88
102«
100
• •
»•
«
106
104)4
98
104
1
as
108)4
La 4 Mo
40
f&
Loganipt 4 Wab Y al—
lit 61 1925
J4D 45
55
Madiion (Wii) Gas— Btok
73
75
lst6i 1936
A40 107)4 110
Newark Qai 61 1914
141
1140
Newark Consol Gas ..100
05
6s 1948
J4D 1104 100
"ew Kog Gas 4 C—fitrT^o itonL 1st.
111
109
118
llOM
•..., ••••••
88)4
81)4
101)4 Sep.'9B
O
188
108
108
103
jf
V
104
104
J-J
J-J
g5i
,.,.1931 M-N
Coltr6-80g4
1908-18 A-O 100
Oeoel Br 7i
1907 ni-e •104)4.
]KH4Nasiilstgei...l919
D •11254.
Ooll trust
,
LCln4Lexg
4)4i...l93I M-N
k
Istg *t <...,19S0 J -J
Sdgold 61, ,,,... ,,,..1930 J -J
Fcssaoola dlT gold 61 . 1 9>0 IU-8
BtL dlT Istg Bi.
1981 in-
4M
iae"
i
SdgSl
1980 in-B
fantnoky Oent g4s... 1987 J-J
L4N4M4Mlstg
M-8
F-A
F-A
F-A
eiIikM(S4NA)gei..l910 A-O
4)4s.l945
NFla4SlstgTig6s ..1937
Pens 4 Atllst gn gOs.1931
84 N A oon gng 6s.... 1936
97)4 K'l^
ioiq<
Oct '00
99
100
85
no
Ang'OO
loe
110
107
106
113
Jan.'99
106
106
lOS
113
130
118
15 lie
18S
101?g
6:1
11114
101
47 108)4 lllW
30
98)J 100
May'OO
Deo '00
118)4
111)4 113
U9
118
101
ll'.«
101
106
115
103
130
117
115
3
Deo'OO
Nov'OO
Jan '0.S
107)4 11«)«
96N 10*
108)4 ll'^
111)4
••••• :Mi»'
as
187
117
115
128
Jan.'Ol
Oct.'00
Deo'OO
186)4 Jau.'Ol
63)4 Oct.'00
98)4 Jan.'01
iia Jan.'01
112 Jan '01
113 Jan.'01
111)4 Jan.'01
.
M«K'pt4By. fi««PMaK4Y
if ctropoUtan BL SMMan By.
Centoon gold 4i... 1811
Istooulnoome g8i...l839
ad oon income g 8i,,,,1989
»1
onlp 4 ooll g Si
8d eetles g 5s .,,,,,1919
Istoong
tfezlutcniat
4s.'77
If az Nat 1st gold Bs
1927
ISO
117
115
187
^8)4
68)4
B5M 99M
107)4 111
109
111)4
llOX 113J4
107
111
•»••
98
96)4 Oot.'99
SmLS4M8.
•0
•
89^
••••I
120
Bale
112)4
101^ Sale
L«.-N
188)4
96" 104"
Jan.'01
Jan.'01
SM(^4AIt
J-D
180
Jan.'01
105
lUO
98
J-J
99
lis
118
88
82)4
31)4 073
lS)t 218
70
68
30)4
10
*>M
IfH
• • • •
•fiao
•••••
83)4
88)4
108)3
117
117
117
lOOW
45
"63
106)4
106)4 106)4 106)4
o
J-D
J.J
83)4 Bale
SOh Bale
ie)t Bale
J'lyl
J'lyl
A-O
A-O
M-8
J-D
*dlno6i ACp stmpd.1017 M-8t
Id Inoome gold 6s B..1917 An.i
i<az North 1st gold 6s. .1910 J-D
Beglitered
1910 J-D
Klob Cent. Se« N Y Cent
•••••• ••••••
•••••a •••••*
••tea* ••!••«
itttoo •••ta
81
37
ISN
I
"
"83
85
10S)4 Apr'OC
81
Apr'OO
10
108
18)4 J'ly'OO
81
18
May'OO
101
lOS
81
17
lom
N J. Sm Brie.
tfLS4W. SMOhlo4NW
fiM0bla4NW
tf 114 Mad.
U114North. 8MChM4StP
*
nt P.
Sm Ob M 4
I
Bt
P
Due January.
1
Due October.
(Given at foot of 7 oonseoutivb pages).-- S'^iS', TEL.
Laclede Gas—N Y Stock Bxcli.
Lafayette (Ind) Gai
40
lit 6i 1924
M4K 45
loSHlUH
"95" Jan.'Ol
86
188)4
"
Generalgoldel,,.,...1980
field 8s,. ,,,,4
1087
DlUlledg4s
..,,1940
Registered.,,
1940
t Bonds due Angnst. t Dne AprU.
€)k« 8eear1tleB.
Bid. Ask.
Kansai City Gas
100
30
20
6s 1933
A40 1100 102
..... •^•••4
11 OX
109)4 Jan.'01
J'ly'OO
109)4 Oot.'99
103J4 NOT'99
RlT.
LonlsTllle 4NalhTUle—
L'M
May'e9
Ang'9b
113
Senera) gold is
,1088
Ferry 1st gold 4)4i.,., 1988 tVl-8
Gold 4s,, ,,,.,.,, ,.,,.,1933 J-D
Ilnlfledg4s
.,..1949 [»l-8
Debentnre gold Ss.. ,,, 1984 J-D
85
Bklyn4Mon lltg 61. 1911 M-^ 118
lit 6s
108
1811 !>I-f00Qg6i..l9.<)6 A-O 108
N
B B 1st gDi,., ,1087 U-8 109
Nor 8I1 b 1 steon g gnSi
Q-O 110
Mid or
10294
116)4185
108)4180
110 118
12? )4
122)4
117)4
118
ll6)a Jan.'01
IIOH
-,I
M-8
M-8
A-O
4i. ..1945
W
114
lie
118)4 113)4
104)4 ioe)i
Dec '00
104Mfao.'99
104
these are latest bid and asked this week,
OUTSIDE SECURITIES
Fort
Dec 00
116
•
No price Friday;
1950
Vfez
1951 J > J
.,..1951 J -J
1951 J -J
B«glstered. ..„.,, •••1861 J -J
•••
•••••!
lngoldSsst«rUu«,.,,l9Si DI-S
Bwlsterad
.,..,,1961 m-s *••••• ••••••
CollTrastgold is
1962 A-O
••»•• ••••*.
Beglatered
1962 A-O
4TazgoId 41. .1853 M-N
Rfnntna
less m-n
Cairo Bridge gold 4i. .1860 J-D • «••• •••«••
BegUiered
1950 J-o
LonlsTllle Dlr g S^s 195i J - J 102^ Sale
BegUtered
1953 J - Ji
Middle DlT rag 5s
1931 IF- A
*
W
By oon 4i. 1990
Beglitered
1990
MetropolBl Istg6s...l908
106)4
Man S Oolonis g 6s, 1934
IlUnoli Centralist gold 4s
124)4
v.-
anliattan
105M
..^..«
• •
..,..* .,•»••
108)4
lltg 6s. 1937 J - J
I •^•.^"•AW
aj
8dgoldSs
...1941 J-J
?''/*£0^'Ol»'»^»«--l»45 A-O
r
MalionOoal.
4 St J. S«. B 4 Q
Hon
oniatonlo. B$4 NTNn4H.
Houi 4
.
L* JeffBgaOo gng 4s. 1945
LNA40. fi««0I4L.
Gout 4 Oiw. See N Y Cent.
Grand Rap 4 Ind. Bu Pa Co.
Oray'i Pt Term See StLSVV
oon g 4Mi-1999 J - J
1999 J -J
108)4
103)4
Y4
NOT'97
Jan.'01
••••«
rargo4 8o. S««ChM4StP..
Flint 4 Fere M g 0|....1930
,,...,
105)4 106)4
102)4 Nov'OO
108)» Auk'OO
NYB4MB
1921
lit ertg 41.1948
B4
T. See So Paa.
Tex Oen. Sm So P Co.
107)4 Jan.'01
.
104M 104^
,,,,,1
rte 4 Pltti. See Pa Co.
eeanftLSnp. Sm04NW.
lit
106
69^
861^
114
90)4 J'ne'OO
'
lit general gold 5i.,,,1942
Mt Teruon lit 61
1928
SiUl OoBr'ch l«tgSi..l930
•••••«
187
188
101
103
108
S««L8 4Ms.
rVS SiS'i'^-, S« Tol 4 C. A-O
io^^'2%*^^"8'»«5«.1929
Kan C 4 Pao. S«« M E 4 7
Kan C 80 IstgSi
196. A-O
SMBrle.
•l*/*,"?^^^
|/alA40B.
H''
i
Beglttered
...1945
BlC4Nlstglstpf6«.1914
117H Jan.'Ol
lie)* Feb '01
GeneralgSi
nrekaSprlugi Iitg6ia933
114M
100)4 Nov'OO
"ee"'
118)4
Gold guar 6s.,, ,.,,,, 1914
& RR lit go 61.1932 AI-N
Dock 4 Imp lit oi2rei.l91S - J
NT&GreenLgogSi.l946 itI-N
11
U9i4 )8l"
100
13S)i
lOS
Coal
100
185
133
100
us«iie^ LehVal(Pa)
8£5^ li76
140
LongDookoongoldei.1935
Reglitered
XSOT'98
1264^
Bep.'OO
126^
128
M-8
J-D
KnoxTllle
lieK 119
119)^ 119^
Jan.'01
Jan.'Ol
Jan.'Ol
139
-J
Col4Hy
8d gold 6s.„...V.,...V.i859
sdgoid 4s
::::::::: i5^?
litgold5s.l98S
}S^«15^
Iowa Midland. Sii Ch 4 N
**
.Tt-IS
T4THlitoonei
'<»0
98
.
85MSale
J
ad gold 4H*
Ang'OO
ooUgJ^..i997 M-K
Registered 5i
1997 M-N
183H I-^
VNY
lit gng4J4i.. 1940 J-J 110
10614 Apr'99
Registered
143
143
lS4>i 148
1940
J 110
^
143 Deo '98
"9"' I'«J' VTerRy Istgu g6il941 A-O
97
si"
A-O
979i 393
L V Coal Co lit gn g is. 1983 J-J
9S>iMa7'CH
- J
Chlo
K Y 8 4 W— lit ref 5i.l937
121
12694 Sale
IQIQ M-
,,.
KaniasMld. Si«BtL4 8S
Sentnoky Cect. S««L4N,
116
107M118
lasx Mar 00
1375<
-J
Small
118H
181
118
,
i
MldBRofNJlstgei..l910
115)4 Jan.'Ol
186)4
'
99)4 lo's"
100
Nov'OO
118)4.
98)4
Keck 4 Dos M. flM0BI4P.
Bnff&S Wgold6i....l908
1906
8maU
* Brie lit g 5i. ..1983
Jeff RR lit gn gold El.1909
1932
6s.. 1981
Registered
93M Feb.'9»
lit gSi... 1941 itI-N
8a«
4 O.
1947
Sdextgold Si
191S
Sdeztgoid 4)^1
193S
1930
4thextg0ld 91
1928
Stbeztgold 4i
1 920
lit «oniol gold 7l
lit ooniol gold fd7i..l920
rle litoong4ipr bdi.1996
Regiitered
1996
lit eon genlleng4i.... 1996
Hook Yal
lit gold 6i
8.
Srie liteztg4i
so
Deo'OO
10951
Sm.SoR?-
BnmOort&No. Sielieh&NY.
83
,
108
108X109K
118)» Jan.'01
Ask. Low. High. Ko.
100
,
^SVi
SiH
lUOO.
••••• ••••<
I'o'a" Jan."oi
108J4
101)4 oot.'9H
J-D
lYi-a
J-D
Registered
117H181
1951 J-D
soidsus
:,:::i95i J-D
ni?^iis
Mf®?l«.'ered
1951 J-D
Mem DlT lltg 4s. ,,.1951
iismisk
J-W
147
148X
1951 J -I)
n»T o^i*'®*'i^^^o"l»tSBg«i..,i93i M-S
148M 1485<
Indp,<,4WistgV...:i9S5 J -.1
108H1045«
I'^fSafKC*
1935 J-J
A-O
96M 102*1
0hl08tL4N Og
235 101H108
110
110
99
DbI Alron Range Iit5f.l937 A-O 111
Registered
1937 A-O
8d6s
1916 J -J
Dul Bed
S lit g 91.1938 J -J
DnlSoShore A Atg Si. 1937 J -J 113
ait of Minn. SMStPM&M.
B
iVen iVe'
,
DetM&Tol. SmLSAMBo.
Det ft Maok IstUeng ii.l99S
BlglnJoiai
10
Last Bale.
8SH
J-J
1951
138
119
123
10S)< 108
118M 182
141
Year
Feb. 8.
8.
1961 J-J
OoW 3)48
1951 J-J
Registered
1951 J-J
Spring DlT lltg 3)41.1951 J -J
^Registered
1951 J-J
Western Line 1st g 4s.l951 F-A
Registered
1951 F-A
141
Hang*
Week's
Sange or
Bid.
BeglsUred
138
'.
Feb.
St Lonli Dlr g 3i
148
102H 107^
138 141H
laiK Dec '00
103« Oct.'00
Den ABQrlitgold7l..l900 M-N
BlU Lex * B
136
138H
104H
138«
1921
& Bar lit7s
1921 [VI-N
Registered
Del RlT BB Bge. Bt* Pa KR.
Bern
E aitTVa&Ga.
Wbkx Ending
LX2 II,
[Vol.
2.
Price
Friday,
.St
Low. High
lia^ 124H ni Cen. (Con)—
193H
O 118H 120H 116)4 Nov'OO
A-O
108 Ang'98
M-S
146^ May'OO
M-8 147
141
Oct-'OO
A-O 117M
117
117
139 J'n9'99
A-O
A-O
lia Dec '00
A-O
11S)< Ang'OO
m-N i'so"
147 Dec '00
1900
Warren 8a 7i
Del* n— litP6DlT7i.l»17
1917
BexUtwed
Alb
1^3<4
No
Pag.
(5 pages)
exchange
.
,
BONOS.
w.t. btock
8.
Sid.
PKICB8
8
,
Gaa
Ohio
Securities.
Bid.
Ask.
4 Ind Con Nat & Dl—
84
45
39
SO
6s '36J4D
Peoplei Gas 4 Coke— N T Stock Bzoh
PtaUadelphia Co— Sm Bos ton L 1st.
50 t 88
ProTldence Gaa.
36
40
StJoseph (Mo)
93
J4J
1937
6s
i 91
60
46
S: Paul Gas— Stock
62
Consol 6s 1044.... M48 i 7S
11« 14
Syracuie Gai—Stock
Ohlo4Ind— 1st
J4J
Ist5sl946
Western Gas Mllw) ......
(
is— See N Y
8t
Bz
list.
86
80
84M
96J4
I
Due July, a Opttoa.
<&
lELEPH.j de
Teleg. Sc Televh.
¥*I*K. <fe Tele»b.
American Dlit Tele— NY
Bell Teleph. of Buffalo.
Central 4 South Amer....
Caei 4 Poto Teleph— 8tk
6i 1009-39
J4J
O ammerclal Cable.
Oommer Union Tel (NY).
B nplre 4 Bay State Tel.
Brie Teleg 4 Telep— See S
Franklin
iAnd Interest. tPrioe
.
Feb.
THE CHRONICLE -BOND
9, 1901.]
Price
Friday,
BONDS.
ir.Y. 8TOCK KXCHAHGE
WIBK EMDIMO FKU. 8.
Feb.
Week't
Range
Range or
Last Sale.
8.
OS
1900.
Iowa ex lit gold '••••l^O^
South We.t ex Uta 7i/10
Pnolfloex lit gold 6f-l»31
•?
*
J^
J - i>
186>t
....
182^
i TOhlc 4 BtL litg 41.1937
1937
BegUt«red
1990 F-Ai
1944 M-N
5i...._.
.
BooneT Bds Oo gu g 7i. "OS
D»l*Wa i»tB°B5«-10*"
l
g
it
134!^ 128
3SB
80
78K
88H
90
lOi^^Sale
*
Bep.'OO
100
lOOH
lOOH
88
90H
1C9
Jan.'Ol
ii49i
I23)i
f)0\4
8?
17
72
107
Bale
104
107
104^
BaJe
103
104« 118
i M-8t
Truitg 5i
1917 M-8t
1930 F1930 ITI,eroy40VALlitg5i'36 .T- J
Pao B of Mo lit ex K 41 '38 B'3d extended i<old 5i 1 938 J -J
8t Louli * Iron Mount/—
Begliter«d
UtooU«c'-a5l
RegUtered
^^iM
181
113
GenoonryAldKrtgSi'Sl A-O 116
G«noon«t»mpKtdg6B'31 A-O U3X
1929 rOOM Bale
Unltiref g4»
Registered
J-J
V14
Wl»tg5i..'26 lU-d
MUiBlrBdge. Sa« Ob loft Alt
MobftBlrm prlorlleng9i.'45 J -J
Terd
!••••• •••ee
*\29)i 131
188
Bale
"96"
118
96 Ha Deo'OO
188 Jan.'Ol
100J4 J'ly'OO
lia>4
11294
113 Deo '99
1938 A-O
litoongold Si
lit gold6i JaiperBoh.1933 J - ]
l,teiMoMMW4A1.1917 J-J
1917 J-J
lit6iT4Pb
Naah Flor 4 Shet. Si«L4^'
a«»NYNn4n
SewH4D.
N T Oent.
N J Jnno BR. S««SiiPennOc
WewftClnBdge.
SOftN Mprlotlleng6i.l916 A-01
N T Bkln 4 Man Bh. S*« L I.
M T 0*nt4 HR let7i..I903 J -J
1903 J -J
RegUtered
1997 J-J
QSWi
1997 J-J
iSfUtered.
1884-1004
Siot.
Debenture
RegUtered. ...1884-1004 u-a
1889-1004 M-8
Reg deb Si of
Debenture g4i.. 1800-1006 J-D
1800-1900 J-D
RegUtered
Debtoertiextg 4i....l905 ,U-N
1905 M-N
RegUtered
Lake Shore ool g 3^1.1998 F-A
1998
RegUtered
Mlob Oent ooU K S^i. 1 998
1998
RegUtered
Beeota Ork lit gu g 4i. 1936
1936
RegUtered
.
107
107
107H
•109
3
107
109^
109H
106H
10654
lOiJ?^
102%
108M
102M
105
NoT'OO
lOOM
lOBM
102M
Bep.'07
Jan.'01
Jan.'01
06
97
112^
-J
-J il7J<
106
F-A
4 Tollit 7il00e W-A
MabonO'lRBlitSi.1934 J-J
rittiM0E4T— litgn6i.'32 J.J
1034 J.J
ad guar 6i
MeKee4Byiitgei.'i8 J-J
Mloh Oent— lit oon 7il90:^
1902
lit oon Si
1909
et
1931
1931
1940
ITI-N
1>I-N
M-8
M-8
M
BW 40geon litext5i.'82 A.Oi
0iWa4B8d gag Si.. 1016
F-AI
BW40TRlitgagSi.l8 M-N
4i.'aa J.J
UUea 4 Blk RlTgn g
Of
Bid.
117
00
117
116
Intamatlon Ooean
Mexican Telegraph
Maxloan Telephone— 8m Boito
haw Hng Telep.— Sm Boi ton lU
i^Torthwoitern Telegraph.
^
J Telephone....
« 1030
4
M4N
Atlantlo
ProTldenoe Telephone.
Santhem 4 Atlantlo
.
183
178
118
78
100
97
lS09i
107
9B
107
101
Jan.'01
8I9< Deo'OO
107
NoT'OO
1C7
105)4 Bale
108)4
103H
106)4
10!?4
71
.
laa aaa
97M
Jan.'01
Jan.'Ol
J'ne'98
103
Bale
108 lUH
110 110
10294108
lOB 107M
0B)4
98
89 95
94
103
108)4108)4
101
431
7r94
7C»4 Deo'OO
13194 Not''
65)4 70a
131)4 ia»>4
132
130
118
108
J'ly'OS
Feb '00
-....« ....it
Dec'Oc
Feb'Ol
180
194
109 110)4
97)4 103
8894,8894
180
lis
May'OO
Jan.'Ol
OX Jan.'Ol
Jan.'Ol
10)i Mar'OO
J'ly '00
Apr '00
lOS
90
60
no
Jan.'01
104)4111
Deo'OO
10394
99
98
98
97
llOH
no
116H
110
114)4
109 11194
110)4110)4
Deo'OO
fi««
110
Mo Pao
110
Deo'OO
Pltti Ft
W 4 O lit 7j. 1012
1912
180
ritti01n4BtL. fiMPannOo.
PC 04 BtL. 8m Penn Co.
Pltti 01eT4T0llltgei.. 1932
180
PtttirtW4 0h. SMPennOo.
103H.
103
119
Its
139)4
•128)4
,
M-N
J-D
.
.
ClttiP4Flit gSl
106)4 106)4
1016
*Uti Bb 4 L B lit g Si. 1940
litooniolgold Si
1043
Mttl4Weit lit g4i... 1017
llSMMay'OO
iisii il6T4
r Itta
189
181
188)4
18694 iao)4
126
198
127)4 I97)t
lOf
106
.
p
M4 Cooertfi...
T 4 Aih 1 it oon Si 1
37.
J.J
A-O
J-J
J.J
M-H
Oogen g 4i...l0e7 J -J
^ aadlng
Raglitared
1007 J -J
11
134
139
183
Jan.<01
18794 Jan.'0l
118
•••••• ••tff<
•••••
•••
••eeee
••••• 110
Aik.
lao
100
183
118
Apr'99
••••••
••••••
108
t
(Given at foot of
7
Bid.
Y
t.
126)4
HdUon
178
115
85
Hdlion
111
BdlioD Ore MlllUig Co....
Bleotro-Pnenmatto Trani
Fort WaynoHleo.Ooei....
lOB
HI
Bl
Serloi
111
A
Aik.
atook Hxou
Eleotrle Camvanlea.
Allegheny Co Light Co..
Bruih Bleotrlo Co
165
170
18
t
Co NT-N Y stock xoh
Co Brk— N Y Stock Bxoh
8
194
80
IS
n
194
80
86
BaniMlaer 4
Blah 4 Dan.
134
108
101)4
117)4 1>1
101)4109
114 11794
11354117)4
106)4 100
99
185
lOlM
108
100
118M
IISM
117
117
180)4
186)4 18714
134*
181
May'e7
•116
09
Dne July-
I
108
yoT'07
117
Kay'OO
88
Jan.'00
aa
ti
133)4 J.an.'01
Oot.'00
101
137
NoT'07
130
0?
188)4
laaiat
a^tfM
107H
00t.'08
181
KOT'98
113
00
117
aaaaa aattt*
90 J*ne'90
ll8)t n6V4'Jan.'01
aa
a • a
101
118)4
8794 Jan.'00
*
03
05)4 Bale
00)4 101)4
Jan.'01
04)4
95T4 870
NOT'OO
88
Due June,
.
i
Due May.
100
100
09)4
8814 Bep.'00
Sale
00
1
69
06)4
8794
88
04)4 101
S8M
8»
BLEC, FERRY Ac
Companlea. Bid. Atk. Ferry Co'i-wanlea.
Ferry (^empaniei.
Co— N Y Btook Bxoh
Brooklyn FerrT-''toc»
Dopref.— Sm Boiton L Ut.
NY4Blitfil"ll.J*J
Hartford (Ct) BleoLtCo.l 180
Bid.
f
sk
l
General Hleculo
Mo Bdlion
81
Dae Not. a These are opUon lalea.
oonsboutivb pages).— r.^^.,
Klectrtc
II6M
0994101
100^ Ocu'OO
Sm D 4
B.
fl«« Bouth Ry.
Bio Gr Weit lit g 4i. .1930 J-J
Utah Cent lit gu g 4i.l917 A-Ot
ear.
.
no
Dna Jan.
Coniol Hleotrlo 8tora«o..
Bddy Kleotrlo Mfg Co.. 35
nllit.
••
• • • • I
Oot'OO
Talea. ik Telapn.
Weit'n Union Teleg— N
181
lis Jan.'01
11294 Mar'OO
A-O
1923 J-J
10994 'Itti Jnno lit g 61
1 938 A-Ot
101T4 10494 •itU 4 L Brt»-ad g Si
121
MoKeeiftT.
YCen
Pltti
Be* N
119M
J
188
•>••! aaaatS
13694:Jan."0l
108
104^
3
10
Jan.'01
13794 Jan.'0t
127)* NoT'OO
106 Jan.'00
1C6)4 NoT'OO
,
111)4116
13794 Deo'OO
13794 Nov'OO
,1
8dg Bitrreolitpd....l036 M-K
reoABaiU Sm0 04 StL
Pao4PekUnlitg6i...ie31 Q-F
Idg4)4i
Feb., 1031
?lne Creek reg gaar6i. 1038
181
140
181
105T4
71
108 ica
101
lul
111)4117)4
A-O 105 106)4 106 Jan.'01
101
Deo 00
M-K 10094
11494 Jan.'Oi
J -J
P3H Jan.'01
J-J
Not'98
lOid
124 Deo'OO
C BtL iP litoong Si.l932 A-O 1S3
1933 A-O
Regiiterod
01eT4Pltuaoni 171.1900 M-N
103)4 Mar'OO
Gengug4)4iiai'iA.l943 J -J 1319i,
OCU'OO
181
1942 A-O 18294
Beneia
1948 M-N
Berlei C 3)4i
rle4Plttgng 8)4i B.1910 J-J 101
108 NOT'OO
1940 J -J 101
SerieiO
N*CBdgegengng4)4i.'4S J-J
P CO* 8tL Congo g 4)41SerleiA.
mo
11894 Jan.'Ol
A-O
1942 A-O 117H Sale ll'.)6 117)4
BerieiBgnar
1942 M-K
113 NOT'98
Berlei Cgnar
1945 .Vj-N
109 Apr'OO
Berlei D 4igaai
99 Deo'OO
Berlei Bgnar 3)4i..l949 F-A
litif g 4)4i....l9l7
.
106T4
85M
,
108)4 Deo'97
10B94,
110
110
95
76
•108
07
8nn4 LewUlitg 4i..l936 J-J
UNJRR40angen4i.l944 M-8
10994 119)4 eniaeola4At. SML4Naah
Peoria
Deo 4 Byanir—
lllHll*^
'.09)4
180
105)4
78)4
. .
11
no
P8H
J'lT'9it
Jan.'01
8894
no
185
i -J
ad7l
-J 183
•••I ••••<
•U TB •••«»«eat««i««*tlvl2 A-OJ 131
••••fl •••!•
PennRB lit real ei g 4i.ie3s 1>1-N 100
Uoniterllngg Bi
lOOS i -J
Oon ourrenoy 6 1 reg. 1 9 S y-MS
Oong 6a
1019 M-S
1019
RagUtarad
1043 M-N
4i
Oong
10694 107)4
Gr B4I axlit giig4)4i.l04l J-J
108 loa
014 Mar lit gn g 4)4i.lOSS M-N
.••••• ••••
O R RR4 Bge litgn 4i g.'36 F-A
Allagh Yalgengn g 4i.l943 M-8
11494
11494
113S4
113)t
110)4 Deo'OO
)
18194
inSH Deo'OO
TM
'Vi'h Bale
188
188
HM^ 100
9794 97H
102)4 834
1910
«)4i. 1921
1921
RegUtered
atd8«4iooltraitreg.l937
10894 113
108^4 111
101
theia are lateit bid and asked this week.
,
114W
loOH
M-N
IndftW. S*«00048tL
Ubio KlYerRBlitg6aie36
General gold Si.. ......1037
1001
Cm 4 BtL lltg4i
Ore 4 Oal. fiM So Pao Oo.
ioiii 10894
107)4 J'ly '00
OUTSIDE SECURITIES
?aolflc
1
i»»t«* ••••••
f^:J 105
1940 J -J
Rwlitered
Bat0 4 8tlitgng3i.'8» J -D
N T 4 Harlem g S^i 8000 m-N
Beglitered
aooo IVI-N
H T4 North litg St.. 1937 A-O
Y4N
10
eiittt
KA4GR litgo5i.l938 J-J
Bondi
1
975< 139
96!4 Jan.'Ol • •••
Det Mon
8ttdion RlTer Telephone
Blitgng4i.ie89
S«« N Y
r 4 Bt P. fi«« 4 N W
PaeOoaitOo— lit gSi. 1046 J-D 109
96%
Sale
1003
1997
1097
Tetea. dk Talepli.
Gold 4 Btook
110
139
180
120
Dec '00
'33
183
9794 J'ly '00
O
Deo'OO
101
102V4 J'ly'OO
7i. 1903
No prloe Friday;
11094 Deo'OO
10!
Oiwego 4 Roma.
106X Feb '01
J-D
J-D
J-D
J-D
Cln4BlitgLa4M87i'01 A-O
*
18 10s
lOOH IOOh Ore Ry 4 Nav Bee On Pao
S3 104H llOH Ore RB 4 NaT Bee Un Pao
Line Bee Un Pao
•••• •••!•• Ore Short
Ang'OO
110
10694
M
IC6)4
107
101)4 NOT'08
irex un
SMOBtPM40.
«6« 98H NorWli.
4 Mont. <S«<N.Y.Oent.
186
iOIH
107
i'lT
J'ly
3finbildyg6i
Penn Co-Gn lit g
N T 4 Pnt litQongu g 4i.'93 A-O
Nor 4 Mont lit en g 5i.'16 A-O niH
Weit Shore lit iign.SSei J-J 11494
3361 J-J
RegUtered
R«(Utered
Jan.
186)4
Nor
.
198)5
4i
T4N
Panama
.
Bi
no
1996 A-O
lOOH \- Jl
gngBi....l032 J -J
aeotMUiourl.
1936 J
6i
1936 J-J ••••«
RegUtered
Cart 4 Ad lit gn g4i.l981 J-D
Clearfield Bltom Ooal Oorp
lttiflntgng4iierA.'40 J -J
Bmall bondi ierlei B '40 J -J
GKjut 4'3iwe lit gn g 5i.'42 J-D
Mob * Mai lit gn gii.lOOl M-8
N J Juno B gn 1st 4i 1986 F-A
RegUtered,.
Gold SMi
RegUtered
Bale
8047 '}-F\
RegUtered
P 4 N P gen g 61. .1923 if193::^ O. F
Regiitered otn
BtPHniaDuJllt6i...l931 F-A 1337%
1917 A-O 114)4
2d Si
1068 J-D 102
latoog 4*
eo
Iitg4i...l948
Cent
Waita
Nor Pao Ter Co lit g 6i.ie33
Nor Ry Oal. Bet Ho. Pao.
Deo'OO
111
K-A
K-A S6>a,
K-A
J-J 110«
Bdgugold
Li^e Shore oon 3d
114
113
,
107
5i....ie41
Bt
leate*
••••••
. .
Regiitered
-
19SX
180H
114
/ \
lit7i.'13 J -J
1901 J -J
.
135)4 Deo'OO
'.
Tl
North ininoli. S««0hl4NW.
Morrli4Biiex. i8<«DelL4W
.
113
109
J-J
lit g
4 Bonth lit g
80I0
185
138
Jan.'0i
113H
•»-?•
.1
18594
108)4
167
fiM Long liU
Bt* Brie.
004Tli
P M 4 M.
MoTgan'iIia4T. S«»SPOo.
ad6i
185"
Oet-'ifi
198)4
Regiitered
Bmall
S## 8t
Nuta0bat4atL
NYO4
104«
;S[
180 130
126
47 120H
8';94
88
Monongahela LiW. 8t$ B 4
Mont Cent.
Year.
1900.
A$h. Low. High.. No. .row. JZi«*
18 104)4 108M
10814
109
Ke94 Deo'OO
108), lOOM
107
'19694
NYTex4M. Am 80 Pao Oo
Nor
110)411054
4
J-D
A-C
M-W
8««LBrle4W.
114J4 North Ohio.
Northern Paoiflo—
113
Prior lien r 4 1 g K 4l. .1097 Q-J
88
1097 Q.J
Regiitered
8047 'J-F+
Qeneralllen g Si
78
Range
La$t Bale.
133
131^ Norf 4 Weit— Qen g 6i.l93l ?fI-N
New Rlrer lit g 61. ... 1038 A- ( 126)4 ....
108>4
Imprrmt 4 ext g6i...l034 F-A 18294 184
4 W Ry litoong 4i.l996 A-U 102)iSale
104'
•••!•
180i4 Jan.'01
iSO Jan.'01
93«
B5)t
8««
N
N Y 4 B B.
N 7 B 4 W.
108
ir9
7'4'ld
113H 118
.
UBH
•§••••
••t«*t
. tee*t
Mokawk 4Mal. SMNY04n
108
112
79 108
gold 4i .,...l94j;
i'**5
lit exteniion gold 6i.l927 Q-Jl •ia«
1938 M-M
94
General gold 4i
Montgom DIt lit g 5i 194 K-A •113
97
BtIi4 0alrogug4i..l93l J
87
112>411S)4
iioMJ'iy'oo
J-J
Mortgage
J-J
8mF
MobJacit&KClstgBg.l94B J D
Mob 4 Ohio new gold ei..'37 J-U
9094
Week'i
Range or
108)4 Sale
4il992 M-5
Reeli 15,000 only... 199^
Y 4Pilt. fl«« N Y O 4 U.
"93" "94"
10594 107M
116M
112>< Deo'OO
9lH
89>i
92J4
94
Jan.'01
tl5M
N Y 4 North.
76
A-O
A-O
190;
'96" N Y O 4 W. Ref
97W
11(!J4
1075<Deo'00
ioa}<
.
7
188
i89
J'ne'OO
94
.
192V
»a
•
« •
Price
Friday,
Feb 8.
Y4N
lit 6i
U8
90
88
9CK 8aie
K O 4 Pao lit g 4o. .1990 FTebo 4 Neoiho Iit7i.l903 J-D
MoE4Blitgag St. ..1943 A-O lOUia ....
190d M-N lis 120
Uo Pao- <d7i
1920 M-K IT'H Ba'e
lit oong 6i
..
•
Honiatonlo R oon g 6i.ie37
N 114 Derby oon Si... 1918
1900
il lit7i
N
98»(i
64
89
litreg4i.'03
Oonyen deb oert« VliOOO
SmaU oertfiflOO
i««tf* •••••<
99H 183
08!^
YNH4Hart
N
309
24^
275
3.
N Y
a Y
N Y
122% 133
lOOH Nov'9H
iri-N
M-N
M-K
J-D
MKATof T litKU«5i.'42
gn 5i.'43
Bher 81i*8ou
79
Hale
eiHtlale
4 Qreenw Lake. B$* Brie
4 Har. S«« N Y 4 Hud.
liaok 4 W. 8«« D L 4 W
111^ IIW
Y Ij B 4 W. 8*4 Srie.
93
99M N
SY4NH. /8MNYNH4n
12aH
A-O 181«
184H NoT'i
117^ Jati.'Ol
litooniKoldSi..
}g|i5£-^
oeM Sale 98X 100
lit and relnnd. 4»-'v}?.*^ ™"^
MtD & 3t L gu, SM BO B *
int gn.. 36 J-J
M 4 P lit S» it 4i
KU. ae J -J
M B8M4A litg •Int
oong 4ilntKa 3o J-J •••••• •••
M 8tP*88MS»«8tPM*M.
MtnnUn.
98
Mo Kan4T«x-litBii.l»eo J-D 97^ Sale J7M
Pagb
Bid.
Aik. Low. High. No. Lota. Eigh
149 Maj'OO
143^ lef
'.ai«
183 Jan.'01
122^ 123H
Bid.
147^ 190
ad gold 4i
lit exten gold
(5 pagea)
BONDS.
N.Y. STOCK EXCHANGE
Webk Endino Feb. 8.
Tear
cqCQ
PRICES
18
17
Bleotrlo
60
Do preferred.
49
Narragan. (ProT)ElCo.50 jlOS
Rhode liland KlecProCo.; 110
84
United Bleotrlo of N J...
83
78
4i 1939
70
United Eleo Lt4P Co pref SmBaI to Uit
4)44 1039— SMBalto Uit.
Wooniooket (B II HiOo.. .....
17
86
Con Si'48-SM Stock Ki Hit.
108
MeUODOlltan Ferry— 6i.
N
Y4NJ
Forrr-
J4J
lltSi 1940
N Y 4 H B Forry-8to«k
1ft Si 1988
M4N
....
N Y 4 H boken—Stock..
HobF'y it 5i.'48M4N
Oon. o. 1946 ... J*D
I
And
Iniereit.
:8
87X
110
106)4 107
00
#90
71
08
80
1111
118
I
04)4 95
tPrice rer ih are.
.
THE CHRONICLE -bond
276
BONDS.
M.T.BTO0K EXCHANGE
Wmk Ehdiho Feb. 8
EUoOrJano lit gag
KloQrSo litgli
Si.
Guaranteed
11
5«
Friu
WeeK'i
Range
Friday,
Range or
Tear
Feb. 8.
Last Sale.
1900.
Aik Low. High.
Bid.
1939
1940
"b6" "si"
02M
,,1940
Boon * Plttt. S«e B B & P.
Borne Wat. &0g S««N7Cent
SaltLakeOlitgildt. .1913
tJo&ailitR
It
8t
92>i Sale
3-4I...1947
OSM
48
92M
M-W 113
M-N 118
M-N 112
J-J 138
General gold 6i
J-J lie
GeneralgoldSt
A-O 100
Ut trait gold Si
F-A
&
lit g 61 Pleroe
6tL&8FBBg4l....l99e J-J
BonttawDlT lit g 51.1947 K-O
Cent DlT litg 4i. ..1929 A-0 Ve"
FtB*TBBdKlltgei.l910 A-0
Kaniaa Mid litgii...l937 J-D
t L So. S«« UUnoli Cent,
98X
St L B W lltg 4i bdofi.1989 M-K
Sdgillno bond Otfi.. 1989 J-J§ 79H
......
Grar'i Pt Ter lit ru g 5i'47 J-D
Dnl Set Nor Pao
Bt Paul
tPaal M & Man 3d 6i.l909 A-O
1933 J-J
lit oonioi gold 6|
1933 J-J
Beglitered
K«dnoedtogold4><i 1933 J-J 118M
193S J-J
Beglitered
Dakota ezt gold 6f .... 1 9 1 M-N
MontBxt litgold 4i. 1937 J-D 103M
193 J-D
Beglitered
BMlltdlT lltg Si.,. 1908 A-0 •esse
1908 A-0 •esete
Beglitered
NordlT lltg 4i.... 1948 A-0
1948 A-0
Beglitered
Minn Union lit g 6i.. 1922 J-J
MontO lit gngBi... .1937 J-J 138)4
1937 J-J
Beglitered
1937 J-J
lit gnar gold 5i
1937 J-J
Bwlitered
1938 J-D
WIU A 8 r lltg 6
1938 J-D
Beglitered
Nor
Pao.
Nor
Pao
It P&
Sm
110
.
ifgSR...191»
g 6i. 1934
lltgSl..
1934
Bt John'i DlT lltg 4i.. 1934
Ala Mid lit gag Be.. .1928
• a • e • •
B&le
113
139
114
108«
95yi
100
Sale" 96
105
Sale
Sale
98
76«
106
M
Series B 5a
„ Small
SertesF Sa
98
M-8
1
29
11 «
Oct. '00
103^104
97M
37
j'ne'OO
9696
Oot.'9T
31
98J<
473
80H
1027
120
120
80
Jan.'9U
Jan.'01
General gold 6s
ma
Apr '00
128
Jan.'Ol
189M 13SM
ISO
Apr '09
109H
128
Apr' 97
Ue«1189i
Deo '00
••••• atit*.
104
Jan.'01
106M 106M
113
J'ne'OO
113
118
135><
126^
A-0 134M
136^ Jan.'00
A-0 110
133 Deo '99
J-J 94M Sale 94
94H
M-N 108M Sale 107^ 108H
40
94« 04X
25 100
Jan.'01
8896
106
86
10«MFeb.'98
1949
3>i(i.,..1929
HezA Pao
1906
litg.,..6*'31
101
F-A
89«
85
J-Dt "si" Sale
869i
110
106
J-D
M-N
101
lOOK
Bale
Bale
106>i
NoT'99
A-O •138«....,
litgei....,
1920 J -J
N Y T A Mexgn lltg 4i.'12 A-0
No of Cal lit go g di.. 1907 J-J
Gnaranteedgold 6i..l938 A-O
....
Ore A Oal lit gtd g 5i. 1927 J-J 104
BAAAPaislitgag4i.'43 J-J S3H Sale
SoPot Argn litgei,'09-10 J-Jt
BPof Oal lit g6i.. 1906 A-0
litgold 6iaerB..1905 A-O
latgold ea
1906 A-O
litgold 6i
19ia A-0
lit oon guar g5i..l937 M-N
Stamped
1905-S7 M-N 108X Sale
ePaoof N Mez lit gei.'ll J-J
P Ooait lit gu g 4a.. 1937 J-J
1905 F-A 11 CM Bale
TezAN0 1it7
BablnedlT lit g 6I..1912 M-B
Con g6i
1943 J-J i07Ji Sale
Sonthem— titoon g 6i.l994 J-J 116 Sale
Beglitered
1994 J-J
Mem DlT lltg 4-4><-5il996 J-J 109
Beglitered
1996 J-J
AlaOenB lltg 6i.... 1918 J-J
Atl A DanT 1st g 4i..l948 J-J
989^ Bale
Atl A Tad lltg ga 4i.l949 A-0
'OolAGreenTlit 6-6i.iei6 J -J
T y a A Ga DlTg 5s. 1930 J-J
1966 M-N 119M Sale
Oon lit gSl
M Ten reor Hen g i-6i.l938 M-8
117
Beglitered
1938 ni-8
OaPaoBy lltg as... .1832 J-J
Knox A Ohio 1st g 8s 1935 J-J 188 127H
BlohADanoongBs. ,191S J-J 122>i Sale
qnlp link mnd g Bs. 1 909 M-8
1927 A-O
110
DebSs stamped
110
Bo Oar A Ga lit g 5i. 1919 M-N
Jan.'01
10196 309
879< 683
Jan.'01
110
Jan.'01
,
.
No prloe Friday:
latest bid
OH Not'OO
88H
Jan.'01
1!>7H Jan.'01
120HFeb'00
Bid. Ask.
Ferry Companlee.
85
A 23d SU Ferry..... 75
Ictmort 5s 1919... JAD no5 108
10th
Union Ferry—atook
MAN
1st 5a 1920
3296
i
96
33
97
Mlacellaneone.
Am Agrlonl Chem—Sm B
Amer Bank Note Co ... 50
Amer Bloyole—Com
Preferred..,,,,
Bonds 6l
MAS
113
Jan.'01
lOlM Deo'OO
B3M
84M 788
111^ IIII2 20
iim Jan.'0l
11096 Aug'OO
11094 Not'OO
119 Jan.'01
107
108H
116
Not'OO
108M
Aug'OO
oston
1 61
6
86)4
72)4
SmBAO.
list.
65
ex
35M
7c )6
99T6
09J6
Winona A St P.
80% 86M WliOenteO-yr
lstgen4s..'49
100
116)6 117
'98"
87
Bl
By A L 30-yr g
J'ly'OO
117
IIT
11396 J'ae'99
11C)6 Jan.'01
111 Jan.'00
118)6
llOM
111
111
88
119
104T6 lOS
l'.«96
Feb
• •
•
4
<
88
106
« • •
105
15
95
I •
84)6
2
78
110
96
12C96 Sale
106)6
OS
Si
180)4
1033 106M
110
111
8 100)4 104M
10 I269J ISO
65 110)4 llB)i
106 101
119
110)4
11996
110
90
112
103)4
80
4S
IO3I3 ISC
95
Jan.'01
b
111
May'OO
109M
113
118)4
98)6 lOBHi
90)4
8094 «>N
108 118)4
83
96
91
109)4118
110
18096
12096
99)t
83)4 Bep.'00
1S8
99H
SS
'
113
9796 100
103 107)4
84 10114 108
5»9«
*7)i
111 Jan-'Ol
110
116)6
•
103)6 OoU'OO
103)6 Bale
68% Sale
117
00
1
'0
'
119)4180
113 Sale
IISU
eiS
117
96
117
118)4
114)6 lit
18054 J'ne'OO
98H 98)6 Jan.'01
10796
IC8 Jan-'Ol
10696 Sale 106)4
L06h
10696 Jan.'01
111
Deo'OO
103)6 Bale 108)4
108)4
137
12696
•••••• 116)6
11696
106 Jan.'01
-J
8896 Bale
16
38)6
lis Jan.'e9
5 107
118
116)4
116)6
11196 Jan.'Ol
OOKll^M
108 8ep.'0U
98)4 108
"80
84
91
89)6
90)4
68)6
80)6 188
88
16
100
••M
DS.
A-O
1C8)6
J -.)
113
lis
J-J
M-N
Bklyn On Bl Ist g 4-Sal 950 F-A
88 ICO
100 106
EicgaCo Bl lat g4i.. 1949 F-A
bO
Bale
City A S Ry Bait latg Sa 1922 J-D
109 114
Den Con Tr Oo latg-5a..l93S A-O
10996118
Den Tram Cooong8a.l91( J-.1
81
87
MetByOo litgug 61.1911 J-J
130M 130M Louis ByOo Istoon g6s.l93C J-J
tiarket StO By lit g 6s.l91S J-.!
tr g 6s. 1997 F-A 130
tfet Bt By gen
Bale
BwayA7th ATlsto g Ss. 1 94 8 J-D 183 IMS
BegUtered
194£ J-D
101k
OolA9thATlstgu g6s.l98S M-8 !!!!!! iVs"
78
81)4
BegUtered ,.
1898 M-8
110 114«
L«zATAPFlstgugSs.'8S M-8 !"!!! isa'
107 110
Beglitered,.,,
M-8
11096 11096
MetW BBl (Ohio) 1 atg.4a. 1 938 F-A
11094 113
Registered
1
938
lie
F-A
1179i
vtil
100
108
87
Not'OO
116)6
116H
11&!4 Jan.'Ol
1' P9<
•••••* 106)6
••••«•
97)4 Jan.'01
••••••
94)6
108)6
eeee •«•••!
••• ••••••
119
11696
i'l'7'
Bale
J
8TRBBT RAILWAT BON
106H 107
15 104>6 109)6
116 116H
110
108)6
110 Jan.'9e
115
108
Sa 192t^
* «
1
locH 156
90H 64
96
J'ne'OO
109
Mar'98
eeeeii
116
104
91
100
88)4 90
07)4
116)6
laax
118)41S8)4
119)4 110)4
13S)4 Jan.'01
9896
••
113
96
06
117)6
19^H
123
121
119)6 Deo'OO
Jan.'01
183)6
106
I-"-
.
99)4
8B)6
• •
115
Jan.01
108
49
98)6
133
IBS
138
1SS)4
96)4
99
Oot.'99
Ry latoon g 5s. 191i J -J
Ill
109
Oot.'99
PaulOlty Oab. og 6s.l937 J -J •111)6 118)t 111)6 Jan.'01
Guaranteed gold 6s... 193*; J Third At lat gold 6s .... 1 93': J-J
184)6 Jan.'01
<4tnn Bt
n
116
111
.'
11C9(
114M1UM
1109^
A-O
M-N
106M
40-year oon g 5s
1836 M-N
114H
GAB A HiBOTBIO LIGHT BON
10796 1089i
108 100k Atlanta O L Co 1st g Ss.l047 J-D
Bos U Gas tr etfs s f g Ss. .'89 J-J
Bklyn U Gas lstoong6s..'46 M-N
98M 9496 ChOLAOOo. SmPGAOOo
Columbus Gas 1st g Ss. 1932 J-J
106MNOT'97
lOeM 107J4 ui 101
115
lien 133 106
108
100
Aug'OO
Jan.'01
112MAae'97
039*
98H
45
UnBl(Ohlo)
1st g6s....l94S
108)6
W Ohio St40-yrlstonr5a.'28
•••••I •••••<
••ee«» •••••<
•••«••
90
117)4187
Deo '99
•••• ••••tl
•••••« •••••I
••«•••
Daa'97
DB.
80
0196 Oot.'08
117)6 Jan.'01
118)6 118
.
116
117«
llOH
34 114
iicji
134M
124M
8
ir
187
183H
127
133
118
10 119
101}< J'ly'OO
109>4 Deo'OO
108
108
• • * •
te ••
t
Detroit Olty Gas g Ss, . . , 1 988
120^ Det Gas Oo oon latg 5s. 1918
Bd Bl 111 Bkn. Sm K Oo BLAP
108M118
BdBllll. S««NTOABLHAP
119)6135)4 BqGasLNYlatoong5a..'32
130M
iiex
10
SmPGAOOo.
Oon Gas Oo.
116 116
11496119
Jan.'00
Jan.'Ol
101
104
108
.
Bq G A Fuel. Se« P O A C Co.
Gas ABleo BergCo oon g 5a'49
lOlM Gen Bleo Co deb g 5a... 1933
109)6 Gr RapGLCo Istg5a..l916
109
K C Mo Gas Co 1st g 5s. 1923
134
136
Due July.
I
Due March.
T
Due Jan.
1
J-
as
ICO
J
F-A
M-8
J-D
J-D
F-A
A-O
96
Ulteeellaneone. Par.
American Bildge Co- Com
Preferred
Bid.
4! 94
01)1
American Chlole Co.
80
Preferred
80
9
10 t 11
Aik.
«^i4
92)t
83
88
10
Preferred
11)4
10
.
9
Preferred
31
83
6s, 1919
MAS 69)6 90
Amer Press Assoc n. 1 oo 70
80
American Screw, ,,,,.350 1302)6 «>•••
Amer Sheet Steel..,,
S3
t 81
.
.
Mlecellaneom.
Amer Sheet Steel pref..
Amer Shipbuilding. ,.100
Par.
ISO
.
102
160
100
Kxa Soda Foun— Com. 100
100
1st preferred
100
Sd preferred
american Surety...... 50
Amer Strawboard....lOO
Preferred
...FAA
Bonds 6s
*.m Typefo'rs— Stock. 100
8
48
18
186
8:>96
101
68
Amer. Woolen— Sm Stock Bxoh.
A^mer Wringer com... 100 z>08
Preferred..
,< .. xll8
195
34
t
101
03
160
9
11696
IIW
10896
llIM
118
165
10794
107M
::::
78
37
00
7
63
83
OS
10
10396
10794 Deo'OO
Aik.
7796
11
118)6 8ep.'00
'101)6
Due Not. b
Bid.
07
99)4 Not'OO
Total sales
(Given at foot of 7 ognsboutivb pages).— ^.^JZiJF
Amer Hide A Leather.
Hat.
116
96
M-8
M
SmOANW
Low. High
• •
I04%Oot.'00
F-A 108
80^
.
Oot.'99
Jan.'99
114
114
113)6 Deo'OO
81)4 Sep. '00
J-J
A-O 116)4117
J-J 110
Istges.lOli
Wheel'g A L H 1st g 6s .1886
Wbeel DlT 1st gold 6s.l938
7tH 8596 Bxten A Imp gold Ss. 1930
latoon 4a
1949
949i 9994; WIlkeiABait. SaiBrle
10t9< WU A Biouz F. Sm St P
97
A &:
• • e
Amer Graphophone. ... 10
Aeker.Mer A Con 6s 1008 100
Amalg. Copper— SecStock Bxch.
M-6
J-D
1943 Not.
.April,
Tear
1800.
a
103
109
.
and asked, t Bonds due Ang.
OUTSIDE SECURITIES
114
116
118
110
.
'
A-O
F-A
A-O
193£
1945
llOH Bklyn Bap Tr g Si
Atl At Bklyn imp g Sal 934
104^ 106^
110
City
Istoon
Bk
6a.l9ie.'41
lOlH
97^ 10214
34 100
BkQ Co A Soon gag 5a. .'41
110
1069i
May'OO
Aug'OO
106
11
Morgan'iIiaAT Iit7il918
1009i 806
91H 4179
09M
99% J'ne'OO
101
Sale
GllaVOANlitgng 6*1924 M-N loe^
Horn B AWT l8tg 5a. 1933 M-N
lit gag 5i
1983 M-N
HATO lit g Sa tnt ga.l937 J -J llOM
OongSilntgtd
1912 A-O 1115<
Geng4i intgtd
1921 A-O
86^
*
..
WYaCentAP
1 929 J-Dt
Beglitered
Gal Har AS A lltg 61.1910 F-A
Sdg7i
5s.
WVaAPltts.
W
CPaolit ret gag4i.., 1949 F-A
•••••( •••••
West No Oar. B$t South By.
Weat Shore. Sm NT Cent.
BUBOca&G SetSarFAW
100
J-D
Pao-BB A gg 4al947 J-J
Beglitered.
1947 J-J
OreByANaTlst s f g esl809 J-J
Ore BB ANaT oong 4s. 1946 J-D
OreShortLlnc lstgesl932 F-A
ore Bh I<—istoon g 5s.l946 J-J
Non-enm 1boA6s...1946 3ep.i
Utah A Nor 1st 7s
1008 J-J
Gold Ss
1926 J-J
DnlNJBBAOOo. SaaPaBK
Dtah Central. Bee Bio G W
Utah A North. 8$* UnlPao.
CtloaABlaokB. Sm NT Cent
VerVallndAW. SmMoP.
IrglnlaMld. Sm South By.
TX7 abash lit g Si
1939 M-^
»» 8dgold6i
1939 F-A
Debenture lerles A.. .. 1939 J-J
BerieiB.
1939 J -J
lstg6sDetAOhBzt..l94l J-J
Del Moln DlT lat g 4i. 1936 J -.1
BtOhai Bridge Istg6s.l908 A-O
Warren BB. Sm Del L A W
Wash Cent See Nor Pao
Wash OA W. Sm Southern
WeatNTAPa 1st gSs. 1937 J -.>
GengS 4s.....
1943 A-C
Inoome
Range
Atk. Low. High. No.
(•••e ••••••
•••••• •••tit
M-N
M-N
F-A
J-J
J-J
1
eteee eetee*
Last Sale.
••••• •••••<
A-O
J-D
Kmi a M lit gn g 4i. ..199C A-€
116^131 Tol Peo A W litgold 41.1917 J-J
137 usyt TStLAKO Iitg6itr.l916 J-D
Tor HamABafflitg4i.l946 J-D*
na^^iiTH UlsUrADellstog6s.l938 J-D
n
108
Feb. 8.
•eee.i •••••<
•••eea iii«e<
West'ndlTlstg5s....l935
53M 75
WuVt
Range or
•••tee •••••!
latgold 6a
3000
8d gold Ino. 61, Deo...800( Moh.
8696 TolAOC lltg Si
1935 J-J
138
183
116
118
Sale
Sale
MK&T
M
109«
J-J
Sf«
of StL lltg 4)6i.'89
lltoongoldSs. .1894-194
"iiii
St
L
BgeTergu gSi.1930
100
98M
Tez A N O. /Sm 80 Pao Oo.
909< 95
eitist
t»**««
87
AN.
*er A
102)i 10s
103K Jan.'01
J-J
AN Ala. SmLAN.
'I'ebo
"79 '
USi^llSX
n7H181>4
116^ Not'OO
104
latoon g 6a.l9l4
TexAPByBdlTlitg6i.l00B
nsH Jan.'0l
106
Bo Oar A Ga. Bee Southern.
Bon Pao Oo 2-5-7T 4HS..1905 J-D ICO
ei
Gold 4i Cent Pao col..lU49 J-Ut
1949 J-Dt
Beslitered
A A N lit gn g SI...1941 J-J
Mortgoarg
193(1
F£»t N
*
[Vol. LXill.
Price
Friday,
Bid.
A 61.1906 M-8
1911 M-S
1916 M-8
1921 M-8
1936 M-S
1926 M-8
1931 M-8
roHU3«
.an_*(;i
BodBar ASo litgSl...l924 J-J
Beglitered
6s
4.
.
8
1109ill8>< Spok FallaANor litg 6a.l931
Stat III By litgu g 4)6i.l948
1
3unb A Low— See Penn BR.
I219i 130
£6 106 IIBH dyra Blng ANY. See DLAW
118« Jan.'01
141H Jan.*01
137« Feb '99
Bnuu A Wist gag 41.1938 J -J
BllSOoa&Ogag4s.l918 J-J
Boloto Val A N B. /Sm Nor A W
1926 J-J
Beab A Boa lit Si
Oar Cent lit oon g 4i. 1949
Bher Bhr A So. Sm
KAT
B
Series
SerlesC 6a
SerleaD 4-5a
Not''99
1I8H Jan-,'01
.
BFANPlit
Southern— (Con)
Virginia Mid «er
3
3
<fc
at F & W lit con
81
81
04
OenSi
1906
1906
1931
1931
1987
0..1919
•tP *8'zOltT.SMOBtPMAO
tePrea APh litgSi.l94ia
AAA P. SM8oPao.Oo.
tWBSK Endirq Feb.
Gtd itamped.
_
1936
WOAWlatoygn4a.l924
Bt Loali Ik San Franolioo—
190B
Sd gold 61 Clasi A
Bdgoldei OlailB
Sd gold 61 OlaiiO
Jan.'01
Page
(5 pages)
BONDS.
Low, High
71
91M
L * Oal. Bt* Mob & Ohio.
L A Iron Meant. See M P.
L K O ft N. 8t$ Wabaah.
L M Br. 8«« T RB A of StL
No.
Deo '00
prices
1
N. Y. STOCK EXCHANGE
NoT'99
105
78
A
.
au -•
eoH
Hit.
Wabash
series B, 11,382.
J MISGELL'8.
MlseellaneoDS. Par.
Amer. Writing Paper,...
'.Ask
Bid
1
Preferred
10
'2
Si..
65
67
Anthracite Coal Oo
A SmCar
Preferred
Bergn A Bng Br lit
Barney
Tee • ••
100
100
6i.
.
BUii Company—Com.. SO
Preferred
50
BondAMort Qaar...l00
S2M
• •
ee
e
103)6
185
186
365
SM
35)4
180
• •
se*
187>4
886
Britlah Columbia Copper
19)6 30
108
Celluloid Co
100
98
iAnd tntereat. t Price per ah are.
Feb.
THE CHRONICLE —BOND
9, 1901.]
BONDS.
s. y. stock exchange
Weik Ending Feb. 8.
Range or
Feb. 8.
Latt Sale.
1900.
Atk. Low. High. So.
Low High
Bid.
A-O
A-O
J-J
KlngiCoBl L*PltBi.....'87
1B»2
Porohase iiion8i
II Bkn-litoongli. 39
Bd
lAO Qm-L Co of StLlitg 6ii 19 Q-Ft
107M
BmaU
Mnt Fuel Gag Co
109
m
Week'g
aa
......
Q-F*
l?,^"
See PeoPg"
J-l>
J-D
96 gale
w*» F-A
109H 111
Id HI HI lit oonT g 6il»10 M-8 121
i»»° J-J
iBt oon « Bt. ...
lYI-H
PateMOD* pa * B 8 '••^Sn5
M-N
Pec OaiAClitgngBi.. 1904
i»04
J-D
adgtdgei..
1943 A-O •lao 130
litooniOlK6f
}Vii M-8
EofundlnggBi
t««t
••
1 947 M-H
B«fflitered
OhQ-L*OkelitgngBt87 J-J |07 109
ConOCoofOhlitgtiK5i88 J-D IDS 107
106
05 J-J 103
O * F cm litgn k8i.
1947 M-N
•• • 106
Mn Fnel Gai Ist gn g5s-5 1949.
109
Sale
M-S
Trenton Q 4 HI l8t g
mioaBL*Pl»tifg6i.l950 .1 -J
WMtn Qai Co ooi tr g oi... sa M-N •••••I •••II
mon r
Purehaee
4».
. . .
,
Bange
109K
110
64
95^
qe
187
1091a Jan.'Ol
lao NOT'OO
107
108
180
106
jny'OO
Jan.'01
11
180
Deo'98
q
<
106
108^
102
109
Jan.*01
Jan.'01
Jan.*01
Jan.'01
107
105
103
108
10 107
109
i07>< Jan."'0i
190«
OoaponB off.
Co' Fuel Co gen gold 68-1919
ColF*ICogen if g5i.l943
Ue Bardel C A l- S« T C A I.
Or BIT Coal & 1 st g 6i 1 919
Jeff401earO*IlitgSil92e
•••••!
•••••• ••••*<
ll*»t •(•••!
*1
• •)> I
109W
109
108
106
107
F-A
A-O
98
105
106
TennCoalTDiT Istg6sl9l7 A-O
Btrm DW 1st oon 6i. 1917 J -J
Oah C M Co 1st gu g 6s..'22 J-D
J
DeBarC*ICogng6i.'10 F-A
Oo
MAN'F'G * INDUSTRIAL.
Oct on deb gSi... 1900 Qn-F
AmBxtended4Hi
1
A Gamb 1st g
•••••I ••••••
6s. .'40
Stan Rope AT Istg6s.l946
1946
Income g 5s
BnrelCo 1st s f geslOlS
USS LeatbCo
sf
deb g es.' I
Jan.'01
83
90
70
106^
!•••••
J-J
F-A
98
*••«<
lOOH "l6
Jan.'OU
.
113V4 J'ly '99
62
91
10
8«
Ask
B
Preferred
[t
. .
Pref
Boat
Preferred
Bleotrio Vehicle
Preferred
.,
Empire State Sugar. .,,,.,
Ist 68
Bmplre Steel
88
85
43
90
86
B3K
107M
79
6M
29M
38H
."'*
80)«
89)4
68
15
80
63H
16
40
8 SM 85
ilOOM 108
7
40
SH
Gorham Mfg Co-Com.lOO
lOO
6s
Illinois BleoVeta
Imp't..
„...
Trans.l0
International Klevat.lOO
Internat'l
68
99
110
130
8M
ici8
18
Preferred
Heok-JoneB-J Mlil-Pf.ioo
1st 6b 1982
MAS
Heriing-Hail-MaiY in
let preferred
100
8d preferred
Hoboken Land A
Pump— 8e« Btk.
08
do
t
(Given at foot of
7
Ask
MAN
8d 6s 1919
Uarkeen Copper
Wez Nat Constmct'n, pfd
Monongahela River Coat.
t
60
KK
t
42H
7
40
IM
9
14
t
Itt
11
4S«
100
le
86
8
80
8
110
loa
I •
I
••
• • • •
.
I
15
I
• • • •!
\9'*
pref.
^m
-
. ,
R T 1st 6s'13AAO
8d 581926
1 1
••
JAJ
A Sm-V.lOO "76
19
Storage Power
100 101
Swift A Co
1910-1914.,
.JAJ
1101
1st 58
Bnsq Coal 6s 1911. ...JAJ 118
Texas A Pacific Coal. 100 101)4
AAO {106
1st 68 1908
Title Guar A Trust... 100 466
Trenton Pott—Com., 100
5
Stlllw-Bierce
leventh va
Jan.'01
109
V
je
UCH
to th«
103H r07
4
14
b96
10»M 109U
---
Apr '00
131
181
Ang'GO
106^ 108M
109^ Feb.'99
104
106
Oct.'00
184
110
138
Feb.'98
95
96
IH
U«M
108K
108)8
131
108
Oe^Sale
91ii
103
Sep.'OO
9«M
nag
118^116)3
Jan.'01
votmd.
lOSM
130
loe
108M
138X180
181M188M
n»H iieM
108X Jao.'Ol
90^
104
108^ lllM
114 117U
114
IISS
106 Ang'98
109J<Oct.*00
107«
113
recedini.')
"i
106M
\10^
llOK
nOH
lie
104X 107
Mar'OO
100
10H(
180
ISO
98H 9eM
Jaa.'01
1
90
94
86
ue
g6M
Jan.'0l
I
9«M
10
6
oonsbcutivb PA^OrUB).—BANKS
Mlaeellaneoua. Par.
Bio.
Trenton Pott— fref. 100
Trow Directory-New IOC
Unlcn Copper
Union Steel A Chain.,.,.,
Preferred
65
66
Ask.
58
4
4)4
Preferred
60
1st preferred
100
1 00
3d preferred
t
t
55
78
48)4
111
116
Mt»cellaneonii« Far.
U. S. Cast Iron Pipe.,,...
Preferred
Bid.
U
§••••*
8
4)4
84
50
98
84
88
Bnyelope— Com..l00
100
Pref
8 Glass- Common..l00
100
Preferred
Va. Coal Iron A Coke- 100
10
30
57
76
6
,
Union Switch A Signal. 50
& MI8GELU8,
90
U
88)4
180
8
68 1949
MAS 81
Westtngh Air Brake... SO tl83
Worthing. Pump, pfd.ion 119
45
114
117
186
114
100
83
17
20
100
79
88
16
80
Nat'l Gramophone. ... 1 00
National Saw- Pref-lOO
National Salt— Se« Stock Bxoh. List.
100 140
160
National Surety
National Tube See NYBtli Sxch. list.
N. B. Blec. Veh.TTan8..10 t 3
3)4
100
86
70
N T Loan A Imp
19
11.
MAS
116
N Y BiBCUlt 6s
U4H
New Jer Zinc A Iron. 100
N. Y. Bl.Veh. Transp 100
4M
6M
60 t 60
NloholBon FUe Co
30)4 81)4
Otis Blevator—Com.,.,
Preferred
91H 98
Peck, Btow A Wilcox.. 2 t 88
SO 760
PenniylTanla Coal
60 t 83
Pitts Bess A L B
88)4
60 1
Pittsburg Brewing
84)4
50 t 44<)t 45
Preferred
100
Pittsburg Coal
28H 28)4
100
Preferred..
87H 87>«
100
158)4
Pitts Plate Glafi
Planters' Compress — See BoBl'n list.
70
SO
Pratt A Whitn— Pref- lOo
Procter A Gamble.,.. 100 886
100
207
809
Preferred
1st 6s— See Stock Bxoh. list.
96)4
Royal Bak Pow pf
Rubber Goods Mfg.......
28H 89
IS
79
Preferred
63
85 t 63
Bussell A Brwln.
125
Safety Car Heat A Lt.lOO 188
Seaooast Packing Oo
Preferred
•••
Blmmons H'rdw-Com.lOO 176 180
100 145
160
Preferred
100 146
160
8d preferred
100 370
300
Singer Mfg Co
S80
Standard Oil of N J..100 818
Stand Und'rg'dCable.lOO 814 8ie
Bloss-Sheffleld Su Stock Bxoh. list.
Southern Cotton Oil.. .60 t 55
80
40
BtandardCoupler.oom.
180
185
Preferred
Btet Isl
still
Bonds due Janoary. 1 Due Aogtuu aThese are option Mlat.
Union Typewr— Com.lOO
40
fee
108«
.
I
109
15
>
1085<
183
•
NOT'09
bOOM
Columbia— 3'658.192«
Dae AprlL
••••••
iii« nsH
107M Feb.'0
I18?i Deo '00
of Hve dotlari
'108
'110
i
lOtU
lOOH lOOM
lliM 110 Jan.'01
118«114H 114M iu>4
118>4 114H U4
Feb'Oi
18:!4 187« 137J< Jan.'Ol
IST^i 137H 138^ Jan.'01
110>» lllH 115
Dao'OO
UOM lllM 110 Jau.*01
6b
1919
So CaroUna^VJis'so'-Vo'. 1933
Tenn— New settlem' t Ss 1 9 1
Due May.
•
56
Bxoh. list,
Bxoh. list.
38
40
do. bonds, I 97
lOl
Iron Steamboat.
lOO
8
8
Os 1901
JAJ 68
06
John B Stetson— Com.lOO
96
*•••!
Preferred
loO 116
180
ionrneay A Bamham. 1 00
Preferred
lOO
liAnston Monotype..,. 80 t 881a 0719
Lawyers' Surety
100 104
118
Lawyws' Title Ins. ... 100 188W
Internat BUyer— See Btk.
Do
Do
Dae July
>•!••• •••tt*
110
Currenoy funding 48. ..1920
•••tt
101
11 OX Bale
Small
YirglDia fund debt 3-8i.l991
Registered
8s deferred oertf 8
100
lOa
.
80
4
Preferred
116K
.
189H
40
IOS Jan.*01
l00><Oct.'00
109 Oot.'9»
llOH lllH
Small
Missouri— Funding. ..1894-95
Norta Car—ConsoUi... 1910
Small
84
84
lit
107M
t
19
•••••t
113M11IM
10614 I05>i 106V4
1906
1906
8Sii
84
111
807
loeH lOfH 105^
ke
Biah
88
110
••••• •••Itt
iailv recori^
LoniBiana— New con 4s..l914
Preferred
84%
80
t 60
Uep (Bait).. 50 lie*
Harana Commercial
MH
8
6
73
Monongahela Water... 2
100
MoBler Safe Co
100
National Carbon
108
108
Preferred
,,
Brie A Wostem Trans. 50
100
lOO
GOV. 8BCUBIT1HB.
Small.....
Class B 5s
Class
48
Dist of
Preferred
X.liBt
if 84:
General Carriage
Oeneral Chemical
Preferred
106
Mlaeellaneons. Par- Bid
(P)— Pref.. .100 106
Madison Sq. Garden— 100
6
80
tlO
Diamond Match Co... 100 189
A
100
16 108X 109
87m 96
104 108
107M
81K
I
.... .....i
...... ....•(
•i.... .a...
BTATB 8BCUBITIBS.
Alabama—Class A 4 to 5.1906 J-J
89« 89M
Preferred
Cmclble Steel
Fidelity
86
Nat Bnam'g A Stamp. IOC
I
Co. of America.
ea
LiorlUard
65
60
80
Coisol Firew'ks-Com.lOO) 10
100
65
Preferred
75
Cons Ry Bee Lt A Equip.
9H 10
8
4
Coasoi Rubber Tire
81
25
Prsf
300
Oorbtn Cabinet Lock. 100| 850
Corbln (P. A F.) Co... .2511 86
90
80
Crimps' Bh A BnBidg.lOO
88
Distill.
98K100M
11S>< Jan.'01
Co isoUd Car Ueating.lOO
Bleotrio
lOOM 104
•••
101
105^
107M
Common— See Bt.Kx. list
Compressed 'Air Co
•
Aog'OO
Sale
80
76
46
01»flln(HB)-lstpref.lOO: lOi
lOOl 101
Sd preferred
Colo Coal & Iron Deyelop
Preferred
Ool A Hock Coal A I, pfd.
JAJ
Istg 5s 1917
•
Apr'97
Sale
M-N
Ohesebrongh Mfg Co. 100
Chicago A Alton RR-Seei Btk.
1
•
Jaiu'Ol
"ei*
OUTSIDE SECURITIES
4s
• •
Love
118)<Dec'00
113
Mut DnTelsf'd 6b. ..1911
Northwestern Tel 7s. . .'04
U. B.
....
....
M-N
.
j*-jii
83
74
30
16
78
380
N r A N J Tel gen g Ss or. '20
NoWestnTeleg. See West. T3n.
West Union— Ool tr our 5g.'38
Fd and real est g 4^. .1960
1930
U 8 2s reglBtered
193C
US 88 coapon
1918
U B 3a registered
1918
U 8 3b coupon.
U B 3s reg small bonds. 1918
small
1918
bonds.
U S 3s cou
106 100
1907
U 8 4b registered
*••••• •»••
..•••1907
U 8 4b coupon
1925
ios" iVs
U S 48 regiBtered
1925
108 112^ U 8 4s coupon
1904
registered
105 106
S 5s
1904
n 9 Ss coupon
08 109
FOR'QN GOV. SECURITIEa
33
33
U 8 of Mexico s f g 68 0^ 1899
'00
107M
9KBale
Par.| Bid.
MutDnTelCo. SeeWnUn.
...ttt
......
98
90
12
109
Feb
*no price Friday; these are latMt bid and asked thU week,
Wlaeellaneone.
BnerATooltrgsf5g...l926 J-J
Met T AT Istsf g 5b.. .1918 M-N
68
103^ 108H
74
105 Jan.'00
899< Feb '00
99 Jan.'99
MIBCKLLANBOOS BON DS.
1948 M-8 107«
Adams Bx— Col trSeeg 4s.
Cen N J
mDkAlmpSs.
Oent FUew'rks— Com.lOOt
100
Preferred
OkateaugayOreAIrOs'lO
Bl—
Ino.
Ohes A O Grain
66
lOlKOct'OO
99^ 100
ik-s
J -J
1
J-J
BarASCarCo lstg6s
Gramercj Bug 1st g es..l933 A-O
1910 J -J
Steel Co deb 5s
IUNon-oony
deben 5s.. .1913 A-O
Istoon
6s.'18
F-A
g
Int'l Paper Co
Knlokloe(Chla) Istg 5s. 1928 A-O
Nat StarobMfg Oolstg6sl92« M-N
Procter
110
109
105
High
A$k. Lore.
M-S
6s. '06
Vermont Mar 1st s f 5s.l01O
TBLB. A TBLBPH. BONDS.
b The*e are vricet on
1916
9
Am Spirits MIg 1 si g 6s.. 1919
Am Thread lstcoltst4i..1942
Oot.'00
100
33
J-J
1st g 5i.'19
106
Tear
1900.
3.
Bid.
i.,
95HJan.'97
107 May"97
80 MaT'97
J-D
1926 J-D
iBdgSi
PleaaValCoallst g sf 6 ••1928
Rooh&PltC*lpurm5Bl946 M-N
Bnn Ok Coal 1st g • f 6i..l912 J-D
Wh L B * P
NoT'OO
99
Lait Sale.
Cable Co Istg 4s... 2397
3397
Reglitered
lOOKlOSM
Jan-'Ol
gSM
Feb. 8.
Bangt
Week'*
Com
105M 106M
108M Nov'OO
t»i-N
.
104
66
Bange or
BklnFerryCo lBtoong5g'48
8p Val Wat Works 1st
108H
Price
Friday,
'.'.'.v..
OOAIi & IRON BONDS.
CahOoalMln. SeeTCI&R
iSarf Bit Coal. See NYCAD
0010*1 lit oon g6»... 1902 F-A
OolO&I DevOogug6i..l909 J-J
Feb.
277
6.
F-A 84X
87H Jan-'Ol
08
63
k'n W& Wn IstSstrctfs.
110 Ang'OO
98« 9eM Ohio Jo A StYd ool g 5S.1915 J-J
1907 J-J
Non-cum Ino 5
108 111
80
83><8ale
Det MAM Id gr 3Hs S A.1911 A-O
S3H
Haok Wat Reor Ist g 5s. 1926 J-J
ios"
ta
.1931
iia"
1st
s
6s..
NoV'99
M-S
B
Co
Head
108M111
1910 M-N
HobokenL A Ig 5s
91
9SH Iron Steamboat Co 6i... 1901 J-J
Istg
.1910
Qard
5s..
M-N ...... *•... •••• •••••<
Mad
Sq
106M110
Man Bcb HAL gen g 4g. 1940 M-N
117M ISO
NewptNews SAD D 6S.1990 J-JI
rAOntLaDdlstg6s.l910 F-A
90 Oct.'9P
107
107
8t L Ter Cnpples Station A
102^ 107
PropCo Igtg 4><s 5-20 yr'17 J-D
lie
137
101
Feb '97
S Tuba Wat Co oon g 6b. .'33 J-J
• •
•
Hi
N. Y. BTOOK EXCHANGE
Week Endeno
Page
(5 pages)
BONDS.
Tear
esKDeo'oo
107M 108
i
. . . . •
.
52
Price
Friday,
PRICES
• I
•« t
17
108
103
180
110
486
8
Banks.
Bid.
Banks.
Ask.
Broken' Qu otati on*.
N. Y. CITY.
America*.... 485
Am
Bxch .... 348M
*
N Y Nat Bx..
New York....
*•••»(
130
i35
19th Ward*,. 110
05
Ninth
Chase
800
North Amer.
Chatham.,,. 300 310
Oriental*....
Ohemloal
4000 40J0 Pacific*
Oltisena'
1819*
t
Park
City
t5«b 529
Peoples'* ....
Colonial*... 300
Phenix
Columbia*... 800
Plata*
Commerce... ^331 334)4 Prod Bxoh*..
Domes. Bxch
•
•••
t
103
Bast Klver.. 140
nth Ward*. 150
191
....
Fifth Ave*.. 8760 3350
385
Fifth
Fidelity*
3600
FirBt
14th Street*. 160
160
Fourth
400
Gallatin
GanBeToort*. 96
1600
Garfield.
German Am* 135
German Bx*. 865
Germanta*... 500
Greenwteh*.. 165
Hamilton*... 150
Hano'r(new) 616
HideAL'atb 166
Imp A Trad. 540)4
Irylng
»190
Leather Mfr. 886
400
Liberty
8J6
Lincoln
Manhattan* 275
Market A Fnl 863^
MeohanlCB'.. 812
Mech A Tra* lOt^X
Mercantile
t83S
Meroh BxotL. 186
Merohanta'.. 175
Metropolis*.. 800
,,,,
Union
Sq*..,
YorkTlUe*,,
BB'KLYN,
Bedford*.... 386
Int.
t
.
3S0
..
llO
Broadway*
385
Brookij.-
t
• •
*•
i
*
•••«•>
185
650
8th Ward*,..
5th Ave*.... 100
300
First
Kings Co*.,.. no
Manufact'rs. 188
Meohanics*-- 3C0
Meoh A Tra*. 370
Merohants'. 100
Nassau ,,..,. 385
873
Nat City
North Side*.. 175
*
310
110
liO
106
Truat Coa.
••
N. Y. CITY.
100
AUantloTr.. t380
Bowl'gGreen i93
190
300
•
CtLRltyBAT 310
,,
106
.»••••
Central Tr'st.
City Trust-.
Colonial
Continental
-
-
•••••
116
160
FarmLnATr
1975
360
875
376
400
••••••
1490 15S0
Fifth Ave Tr 580
Guaranty Tr 600
Kniok'rb'ok'r SOO
Manhattan.. 8S0
Mercantile.. 810
Merchants'.. 300
Metropolitan 490
MortonTrusl 685
NY LI ATr 1895 1376
N YSeoATr 778
Amer. 3S:J4
North
•••>
Real KstTr't 310
•••
Standard Tr't,3S3
810
Tr.Co.of Am. 310
800
Tr.Co.ofN.Y.,l»3
Dnlon Trust. 14C0 141B
••••••
•••«ar OBMtgATr. 410
110
• «
Dnit. States.. 1660
Washington- 300
85
110
•
••••
8 JO
• •••!
300
......
People's* ~. leo
Soherm'rh'n* 170)4
115
17th Ward* 106
Prloa par shara.
Ask.
mi.
•
176
380
136
Banks marked with an asMrUk
•eoniAd
335
Side*..
Western
Bid.
otati
.
.
State of NY* 140
18th Ward*, 100
100
33d Ward*.
West
485
.
•
810
175
180
475
835
100
476
140
Republic .... 8d0
Riverside*.. 210
Seaboard .... 350
860
Second
186
Seventh
Shoe A Le'th 105
330
State*
•
Qu
Sprague
26th Ward*
Onion*
Wallabout*
345
i
Banka.
Brokers
180
190
New Amat.*.. 725
NewYork Co. 1500
600
Bowery»
SCO
Broadway.... 848
Continental 145
Corn Bxoh*.. t386
Ask.
160
Mutual*
Nassau*
Astor
Bntch'sADr.. i96)4
Central
171
Bid.
Brokers' Qu otatio rw.
Mt Morris*.. 190
BB'KLYN.
Brooklyn Tr. 415
Flatbush...- 166
FrankUn.,.,. 880
Hamilton.... 870
414
Sings Co
LiBl L ATr. 860
Mannfaot'rs. 315
190
Nassau
People's
|300
•••f •
'••••t
•
SS8
•
•
east
Wimamsb'KklSeSM 810
are Stste bankj, I P"«5."!^'.hl!^i'k *
Bale at Btosk axeb.or at auaUon thiswa k
(•)
«
.
Boston, Philadelphia and Baltimore Stock
gaturday,
Feb 2.
Ifonday,
Tuesday,
Fet>. 4.
Feb. 5.
834
18S
•2(2
195
116
146
854
168
19S
147^
HT^
li-H 187H
4m
46^
4H
142
14^
83
24M 85M
ISH
16
16H
X
n
W
90
00
208
2C8<4
7ai< 735K
16 7-18 16>i
3«
36
O
854
170
354
169
208^
73« 75%
16« i7 1-ie
36
36^
808
85
36
St>H
35V(
ia?«
i69«
c
B
•33
89
88
a9
83
9")
91
39
81
89M
82>,
187X 138« 137
t£
119
164
315
80
119
165
830
82
848
849
c
nu
i7j<
319
83
seo
316
80
848
85
59
as'
S8M S9
47
63
46
64^
47!^
04!^
696
7M
7H
•135
P *
•«
81M
sm
7X
7W
18H
ia8)i
i»
135
50^
51
54Vt
51i6
65
04)6
9
86
66
Sm
138
32
796
71a
188jt 138>3
13>i 13
*54U
649D[
INACTIVE STOCKS
Bid. Ask,
7
321a
Amer.Railwaj»(Phil) 50
tl h Charlotte(Balt) 100 135
Boi * Maine pf.(Bost)10C 170
BoitonAProT. " 100 303
"
100
16)6
Central Maes...
68
"
100
Pref
OonnAPassum " 100 160
Oonn Elver.... " 100 276
38
OontoiTrPlttilf(PhU) 60
"
50
68M
Prefl
aa South 4 Fla.(Balt)100 40
US
"
100
1st pref
75
"
100
Sd pref
a'nnant'n PaM(PhU) 60 149
44
60
4T "
Hestonv
78
"
60
Pref
eei
•
"
100
Inds Street
68
KC FtB&M..(BoBt)100
"
100 180
Prof
68
Little Sohuylk.(FhU) 60
100 165
(Bosc)
Maine Central.
161a
63
163
880
96
66
185
168
60)6
8 8.(PhU)
"
17
17H
43
180
46
S
7)6
'-
20
19
(Host) 25
Aroadlan
4
85
8)4
Arnold Mining. "
"
89
25
29H
Atlantic Mln'g.
46
44)6
"
26
Baltic Mining..
1896
(PhU) 60
BethBt^el
Boston KleoLt.(Bost)100 810 311
46
Oambrla Iron.. (PhU) 60
96
95
(Bait) 100
Canton Co
25
35)4 «696
Mining,
(Bolt)
Oenten
18
IS
"
86
Osntial Oil
38)6
Con. Lake Sup. (PhU) 60
18
"
60
'i?Tef
1
6
Danv.Bessemer "
10
10
BeLong H A B "
108)6 109)6
84
84>4
60
lud-Bgyp Com(Bost),100
10
IntButHASM
Int8PA1)ynam(Pbll) 60
idle &c;ale1...( Bolt) 85
MannfsoRnb..(PhU) 60
"
Pref
50
MkrylandBre w, ( Bait ) 1
"
100
Preferred, .,
Mexican Central
Northern Central.,...
Northern Pacific
sm
si«i
796
133
59)6
•35i^
83
55
67
63)6
51)6
6696
13
i5
55J6
70
made.
9
95
135
6
9
•• tl
<
133
7>6
S39<
796
"
1st preferred
,,,
"
3d preferred
Seaboard Air Line
(Bait.) ....100
Preferred
"
...,100
,
Union Pacific
(Boston).... lOO
"
Preferred
....100
,
Onion Traction, $17)6 paid. (Phlla.)..., 5o
United Ry 4 Hlec. Co
(Bait.) ,,.. 60
West End Street.
(Boston).... 50
Bid.
167
(Best) 100
"
IC
WewBngGsAC 1 " ...
New Hav I A 8.(Phll) 8
159
8
896
13
6
18)6
1
Old Col Mining. "
Osceola Mining. "
Palmetto Co.... (Phil)
Parrott8ilACop(Bost)
26
35
25
4
86>»
87
10
4996
60
"
Pref
60
60
Pennsyl Salt... "
"
Pennsyl Steelf
....
"
100
Preft
Phlla Co
"
60
PlaiitersCompT(Boit)100
guincy Mining.
848
8
19
l9)4
IPBH 196)6
lei
7
3
••
• •
163
8
8)6
tl
8891
"40"
V"
868
94
••
19
174
30
178
6
Santa Ysabel Q "
Susquel ASir,.(PhU)
Tamarack Mln.(Bost)
Tidewater St. (Phil)
Torrington " A" ( Bost)
"
Pref
5)6
8)4
8
2)6
888
6
36)6
87)4
.
"
396
86
136
UnBlLAPowpf (Bait)
United Fruit (Bost) .100
"
35
"
Pref
35
US Mining.... " 35
Un Shoe Mach..
USPHorBeCol.(Phii) 1
Utah Mining.. (Bost)4-86
Warwick I AS. (Phil) 10
340
•
• « •
37
38
3
38
120
3396
19)6
18)4
84
84)6
35
30)6
18)t,
7)6
"
BO
Wa]onaMlning(Bost) 35
85
Wolverine Mln. "
6H
6)t
49H SO
Am BeU Tel 4s. .1908
J4J aoo
ATA8Fgeng4s.'95AAO hoa
103)6
Adjustment g 4s.. 1995
93H
116
Boston Term'l S)6s. .1947 |ll5
81
BosUnGaslst5s.'39JAJ i 79
SB
1939 JAJ I 61
3d M5s
;119
Bur A Mo Riv ex'pt 6s. JAJ
Non-exempt 6s. '18 JAJ |l03
SiEk fund 4s. .1910 JAJ noo
Ch Bur AU4S.1922FAA hoi
lowaDiv 4S.1919 AAO «108H
Chicago June 5S.1916 JAJ |iio
ChANoM gu 5s. '81 MAN |l03)6
Chi A
M gen 5s. '21 JAD §105>»
Curr't Riv 1st 5s.'37 AAO i 9t)
9996
W
\
98)6
Domln Coal lst6».'13MA8 I1O8
•iast'n 1st M 6s g.'06 MAS 113
FrHlkAMVlit6s'33end 137
Unsfp'd 1st 6s.'83 AAO
oonv 5b.' 1 JAJ
Debenture 5S.1913 AAO
K C CA B Ist 58 g.'35 AAO
KCFtSAG lBt78.'08J4D
K C F 84Mcon 6s.'28M4N
& C M 4 B 1st 4s..'S4 M48
Income Ss. .....
K C4 M By4B 5s.'39 A40
,
KC8tJoACB7».'07J4J
99H
187
17
4
84
7
80
490
1,514
2,13'
8,879
99
9,388
4,361
1,H57
21.678
1,919
12,710
6C
1,091
35
7
15,956
35, SO 7
3,15"
4.195
100
350
1907
18
iVSH
99
100
85
83
)4
18
13)6
AAO
69
'i^
12
5
7
8
11
4
MAN
Atl(5-Llghtlst5sl917JAD
Atl Coast L otf 8 6s .JAD
MAN
Exchange 3)6s.l930JAJ
BaltAPlstBsml 1911AA0
1st 69 tunnel 1911..JAJ
Bal Trao 1st 58.1989MAN
87J3
111
183
113
88
29
fleet*
16
6
3
7
8
3
3
8
3
30
8
796 Feb
128)6 Jan.
16)6 Jan.
47 Jan.
6
8
4
3
Jan. 14
Jan. 80
67
70
Ask.
Btd.
130
63)6
'
60
10896 109)6
>
a •
••«
Income 4s 1949..., J AD 7494
VlrgMidlst6s.l906MAS 110
118
133
.,...•
107
96
loa
10296
5s...
AAO
.2862
,
. . •
9i
Gas-L lBtg5a.l92b 109
Hestonv M A F con 58.'24 117
*, 111
HA B Top oon 5s.'25 A tO 109)6
78
Indianapolis Ky 48. .1983
K C Sub B Ist 68..'20 JAD
Lehigh Nav 4)6s..'14 Q-J lis
RR4sg.
1914 Q-F
Gen M4)6sg.. 1924 Q-F
Leh VC'l IstSsg.'SSJAJ 10594 idi"
Leb Val ext 4s. 1948 JAD 180
2d 7s
1910 MAS 131
Consol 8s
1923 JAD 183
Annuity 6s
JAD
Nat Asphalt col 5b
New'kConGas5s'48JAD 10s
Newark Pass con 58.1930
NYPhilANorlst48 '39JAJ ic4**
85
Income 4s. ..1039 MAN
111
.
118
93
130
113%
114
108
104
No Penu 1st 4s..'36 MAN
Gen M 78
1903 JAJ 107"
Penngen 6s r... 1910 Var
113
95
Consol 6s 0..., 1905 Var
Consol Ssr.... 1919 Var
Penn A Md Steel con 8s.
8094
116)4
• • •
as
110)4
t
as
,,,,,
8896
99
76
•
a
ail
ISO
111)6
113
96
Fund debt3-3s.l991JAJ 96
114
1st es.'lO JA.I
>
6H96
96)6
Loan oertfs 1903
Seab & Boan 5s.l936 JAJ 109
CnBl L,APlst4)6s'89MAN 87)6
UnRy A El l8t4s'40.MAS 98%
(State) 3s new.'S8JAJ
6)6
I'M
99
139
36
Ry (Ind )con 5s. 33
BlmAWllm
NorthCent4)6s.l935AAO
JAJ
6s 1904
Series A 5s 1936.... JAJ
Series B Ss 1926.... JAJ
Pitt Un Trao 5».1997 JAJ 110«<
PotomVal 1st Ss.l 941 JAJ 100 108
•••
8ecAvTn(Pltts)5s'34JAD ••••••
8avFlaAWest6s'34AAO H4ia 115H
Va
7H
Cambrlalron 6s.l917 JAJ
ChesADCanlst5s.'16JA.l
ChocOkAG gen 5s'19JAJ
Income
110
117
108
135
135
MAS
MAS
4th ser S-4-5s. 1931 MAS
6th aeries 5s. 1926 MAS
55
6796
8
19
3
19
WestVaCAPlst6g.'llJAJ I189i 114M
Wll A Weld 5s.. 1935 JAJ 119
Bq
Norfolk St 1st 5s '44. JAJ
6s., 19 11
6s., 1916
99
BdlBon Blec Ss stk tr ctfs.
BleoA Peop's Tr stk tr otf s
117
NewpNAOPUt5s'88MAN
3d series
3d series
60)4
40
1-^
A B Bk Ist 7s.'05 FAA
BastAA Ist M 5s. '20 M4N 116)6
118)6
, ,
1950..,,
86
855
Del
•«•••«
Conv'rtlble5sl906MAN 101)6
Ry68...1913JAJ
1932 MAN 118
Consols
Ext A Imp 5s. 1 933M AS 117
Chas City Rylst 5s 'SSJAJ 106
93
Chas Ry O A Bl 5s '99 MAS
CharlCAA ext5s.l910JAJ 105J6
8d 7s 1910
AAO
CltyASub lst58.1922JAD 117
80
CityASub(Wash)lst5i'48
ColAGrnvl8t5-6.1917JAJ 119
ConsolGas 6s. .1910 JAD 11S96
1939JAD 118
6s
Ga AAlalstpf58l943AA0 107)4
GaCarANlst5ag.l939JAJ 10S)4
G(eorgiaPlst5-6s 1922JAJ 138)6
GaSoAFla 1st 6s.l945JAJ 1)2>»
KnoxvTrac lst5s '38 AAO 90
Lake RBI l8tgu58'43MAS 116
Macon ANlst 4)6s '90MAS
Maryland Brewing 68
60)6
MetSt(Wa8h)lst5s'35FA 116
Orl
Gas
1st
68...Var
New
A L.4a
164)6
33«)ft
ColumStRylstconSs.'Sa
Con Trao of N J 1st 5s.. '3:^ iio"
Central
Seaboard
130
BONDS
Cit's'St
116
103)6
Bit AImp6s.l901MA8 103)6 103)4
No BaltDlv 5s. 1942JAD 131 138
.
14796
8
18
16
2
«
14
BBoro6asl8t58.'38MA8
108>6
i
.
Bait Beit Ist Ss.l 990MAN
BaltCPaslst 58. 191 IMAN
Bait Fundg 5s.l918
V4
3
6
Balls Ter Ist 58. 1926 JAD
BergABBrewl 8t6s'21 J&J
\
1916
896
Bonds— Philadelphia
AlleVyBeit78l91(rAAO 187
68
Asphalt Co 58 tr ctfs
Atl City Ist 58g..'19 MAN 114%
*103
N YAN Bng 1st 7«.'05 J AJ ni3
1st mort es.. ..1905 JAJ 5109
Rutland 1st 6s. .'03 MAN ao3
Torrington Ist 5s 1918.
West Bnd St 5s. .'03 MAN M08
4)6s
1914MAS ao5
4a
83)6
West N C oon 6s.l914 JAJ 118
i
1.06)6
let 5s.. 1937 I 88>4
Tele 6s.° 1 6 A40 {108
6
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb,
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb,
Bal tlmore—Conoln 'd
* •
98
98
100
LBook&FSlst7s.'05J4j no6
81
MarH&Ont6s...'35 AAO
MeiCent 48 g..l911 J4J i 8 I^
iB
1st con ino 3s g non-oum
3d oon Inc 8s non-oum..
New Bng
95
as
H
14',933
ABk
NBGas4C
Deb
• • • t
Bid.
Beaton—Concluded.
NewBng congen5s'46J4J
N B Cot Yam 5s 1939F4A
Bonds— Baltimore
Anaoostla A Pot .,,.,,, 5b
Atl A Ch Ist 7S.1907 JAJ
78)6
"
DGUAWl8t4s.'46 AAO
BONDS
A.8k
10
Coal
1
308H Jan. 21
84)6 Jan.
28 Jan.
80 Jan.
2
Jan.
Jan.
13196 Jan.
117 J»D.
161 Jan.
300 Jan.
76 Jan.
830 Jan.
Jan.
If" Jan.
Jan.
%'' Jan.
41)^ Jan.
62)» Jan.
Feb.
6
4% Jan.
W)6 Jan.
95 Feb.
127H Jan.
28M Jan.
Jan.
183)6 Fed.
U)6 Jan.
40 Jan.
54 Jan.
66 Jan.
1,070
Boston 4 Montana
"
.... 85
Butte 4 Boston
"
.... 10
,
Calumet 4 Hecla
"
,... 25
18'4 Cambria Steel, «10)6 paid... (Phlla.) .... 60
69^4 Consolidated Gas
(Bait.) ....100
36 -s Dominion Coal
(Boston).... 100
,
"
....100
639i Brie Telephone
,.
53«4 Federal Steel...,
"
....100
67i( Lehigh Coal 4 NaTigatlon... (Phlla.) .... 50
"
6!< Marsden CoV
...,100
5!4 N^ilonsl Asphalt 1
"
....60
9
PxeferredT
"
.... PO
wO
New Bng. Cotton Yam, pref.(Boston),,,.100
New England Telephone....
"
....100
Old Dominion Copper T
36
"
.... 25
SoAmGDredg(Bost)
DnCopLAM'g
v
Jan.
71)6 Jan. 21
4
13)6 Jan.
8,171
3,473
.
Rhode Isl Mln..
86
5
75?4 Jan.
43,9*3
7
18)6 J«n.
27,449 33 8-16Jan.25 3h96 Feb. 7
84,7a3 19 Jan.
83 la- 16 Jan. 7
l),y55
13 Feb. 8
9<4 Jan.
6,190 2196 Jan.
88 Feb. 8
11,869 78)4 Jan.
9796 Kfb. 7
6,0 4 H 83
.)an.
90H Feb. 7
8,335 3394 Jan
37 J<n.
8
8,538 16)6 Feh.
17% Jan. 7
211 9 k 96 Jan.
94 Jan. 30
,
Illin Steel
840
....
....
,.,,
t7 20 S
134% 123
STOCKS BONDS
rel
6,95.
S396
7)6
756 Philadelphia Eleo.T 5pald.. (Phlla.)
13496 13494 Dnlted Gas Improvement!..
"
,.,. 60
15
16)4 United States Oil
(Boston) . , . 85
14
1496
•43
4!^
WelsbachCo
(PhUa.) ,,.,100
66
66
55)6 tex Westingh. Bleotrlo 4 Mfg. . (Boston) .... 60
"
70
....
7o
Preferred
,.., 5C
,,
,
b 37 9-16 37 15.16
a 18H-1'' 17 8-16
33>.4
796
123
13
43
3,4 ao
60
60
50
50
"
43)$ Jan.
Jan.
28)6 Jan.
31 Jan.
77)6 Jan.
13)4 Jan,
88)6 Jan.
79 Jan.
8,341
4,7J3
9,837
108
1,400
(Phlla.)....
Jan.
170!^ Jan.
Jan.
Jan.
148)6 Jan.
14 7)6 Feb.
131 Jan.
48 Feb.
46>4 Jan.
143 Jan.
35 Jan.
3396 Jan80 Jan.
1796 Feb.
91 Jan.
88 Jan.
345
196
815 139
....106
(Bait.) ..,, 60
(Phlla.) ....IOC
"
....100
(Boston),... 100
Reading Company
Bonde— Boston.
mer.OementKPhll) .,
60
Amer. I. AS...
Adls0L.Kl lll...(Bost)100
BleoCoof AmY.iPhll) 50
rranklinMln'g,(Bost) 86
100
Qsneral Bleot,. "
"
100
Pref
179(
183
Allonei Mming(Bost) 25
"
10
Domln Coal pf.(Bost) 100
"
....
DomlronAS.T
9
95
136
185M
Westm
MISCBLLANB0U8.
"
136
9
.
.
mam State St
18
.
60
Hesqnehon'g V. "
60 108
HorOiPenn.... "
46)6 47
Pere Marqa'te.(Bcst)100
73
76
"
100
Pref.
PhJl Germ & N.(PhU) 60 168
60 100^
Phlla. Tiaotlon "
^
8H
Bya Co Oenerall "
DnltedNJ.... (Phil) 100 280
85
UnPowA Trans "
89M
West Bnd pref. (Bost) 60 110 111
West N Y A Pa.
Massachusetts Bleou Cos. f.(Bost<>n)..,,100
Preferred 1
....100
Preferred
Old Colony
Pennsylvania....
1,6 '6
)
36
79
90
855
Jan.
341 Jan.
71 19^
Jan
19,313 13-96 Jan.
ISO 14S)4 Jan,
8<! 136
Jan.
7,n6i 37)6 Jan.
.... 60
.... 1
(Phila.) .... 60
Boston
Highest
1
(Phlla.*.... 50
(
Lowest.
167 251
"
Preferred
Fitohburg, pref
33)6 Lehigh Valley
PennBleoVeh.(PhU) 60
•
60
60
Wis Cent, new.(Bost)100
"
100
Pref
Wor Nash A B. " 100
381
r^vTelenhona
175
306
Choctaw Oklahoma 4 QDlf..
49)6
143
Sales in 1901.
Mlacellaneou* Stocks.
AM
96
....100
....100
....100
....100
....100
"
,,
Range of
4'}s 159)6 Jan.
92)6 Analgamated Copperl
(Boston). ...100
81)6 Amer.Agrlonl. Chemical T..
"
,.,.100
83)6
"
Preferred!
....100
,
2)6 American Alkali
(Phlla.).... 50
Preferred, §10 paid
"
.... 60
138)6 140)6 American Sugar Refining f. (Boston).... 100
119
180
"
Preferred?
....100
163)6 164
Amer. Telephone & Tel. Co..
"
....100
1.1 rffsathaler .,
M
Baston Con Kl. (Phil)
9
'
"
"
"
"
,
4 Oulnoy
4 un. Stock Yds.
Preferred
.... 1
91M
MISCBLL,—Concluded.
KAII-ROADS.— Price* Feb
.
• • t
3794
696
70
no eale wa
Boston* Maine
"
31)4
83)6
8
18>6
* • (
63
70
....
Fa* Bid and Ukadprlce:
l(lnebm4 8H.iPhU) 50
ie)6
•38
37
63
37H
63M
60
48
55h
Ohio. Burl,
Chlo. Jnno.
.
.
338
8?)6 88
8196
835 855
830
8896
95
f •
ISH
5894
9
9
183^
•55M
83!«
2V6
383
819
83
830
S'S
7
141
150
129
4J
5X
9
95
e
•_
2)6
319
81
850
318
80
848
18
17H
•5-^M
w
>
8
93^
81%
18=!« 164
Si
"as"
83
9n5<
31
83)6
UO^
138H 138%138H 187X 189)6
HH>« 119 IZO
180
119
163)6 166
163M 184
119
Boston 4 Lowell
91
39 >,
88
8
Railroad Stooka.
& Albany
(Boston).... 100
249
195
90X
88
85
35!4
Boston
169)6 Boston Hie vated, full paid
ie«
9$%
10
25
3W
8H
O
O
3
>
41
169)6
fSH
3-^
31%
IBH 16H
93H 94
89M 93
2i
355
36'^
169
•848
'808
•809
74)6 74H
74)6 76
1696 18%
16 9-16 17i4
39<4 37 13-6 896
b
22
S316
23
31%
23H
13
1')^
1096 IIM
^SH 85K 38% 8596 38
94
93)6
93% 9796
87% 8fl)6
87
8S5g 90)4
3496 35
35)4
35)4 85H
16^ 1«% 16% 16% 17
'98)4 94
94
93% 94
•808
7496
9M 9H
S4« 31H
88% 91
68H 90
I
S5<H
169)6
•343
•^94
1949i 105
140)6
146M147>* 147X 14SV6 Xl41 143)6 •145
•147
147
147
127^ ia7!4 187^ laWii 137 1879< •137
43>4
41>4
41X
48H 43
46
46
46^ 4BH 48)6 46)4 46)6
143
142
143
148 143
141« It*
83% 33k 3i% 33W 33T6 S896 3i%
36
86
28^ 85)6 2tH 85%
86M
79
7»>< 7B>6
Ti
78!< 8C}4
79
16)6
16
16M,
18H 16;« 16
•89
90
•89)6
89H 89x1 90
85
83
87
859<
8896 83H
10
10
854
169X 170
8481^ 843^ •848
iVg'
195 193 •194
2L i-lS 8
o
w
m
a
354
Sales
Of the
Week.
Shares
Indioates onlisted.
IT
Feb. 8.
Feb. 7.
Feb. 6.
Dally and Yearly Record.
ACTIVE STOCKS.
Friday,
Wednesday Thursday,
[Vol. LXXII.
Exchanges— A
Per Centnin Prices.
Sliarc Price*— Not
»
.
THE CHRONICLE.
278
WestJer4
t
.
• a
a*
97
96)6
Pa A N Y Can
Penn Steel
7s..'06
JAD
1939
1939
AAO
AAO
l8t5s.'17
M<t^
Cons Ss
Cons 4s
People's Tr tr certs 4s.'43
PhCa Bleo gold trust ctfs
Trust certfs 4s
PhABr gen M
AAO
QrWl M 48 g.. 1920 AAO
Ph A Read 3d es.'33 A40
Consol
5g.'30
M 7s.. 191 UAL:
Con M6sg...l911 JAl.
BxtImpM48g.'47 AAC
Con M of '82 48.'37 J4„
Terminal Ss g.l941 Q-t
186)6
185
iVi*
•
eet*
t
I aft
106
117
103
91
• I •
••
107
104)6
7)6
aetti
l'^0>t
109
aett
139
180
180
laett
107% 108)6
• (
a e
t«
136
PWilABalt4s.l917AA^|
Coilattrust 48.1921 J4.]
4s, 1997 J&J
Rochester Ry oon Ss. 1930
SchRBSidelstSs g'SSJ AD
Scran Trao lst6s^33M4N
United N J 4S..1944M4S
UnTraoPltts gen5»'97J*.i
Read Co gen
109%
96H 98%
108
110)6
• a
a«««
180
IIB
Welabaoh afS8l980.JAD
74)6 7496
»1£)- pa...
lAnd interest.
ni
flOUDO
•Price Includes overdue
February
THE CHRONICLE
1901, J
9
[ttxrjestmjcttt
279
%ntdlxQtnu.
awxl llailroad
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnings for the latest week or mouth, and the last two
oolumns the earnings for the period from July 1 to and including such latest week or month.
T?ie returns of the street railwaj/s are IrroicQht toaether separately on a subneguent page.
have changed our yearly totals so as to make them date from July 1 instead of from Jan. 1.
Notice Change
—We
Latest QroMi
ROADB.
Week or Mo
Eamingt
Ourreni
Year
JTnly 1
to
Previous
Current
Previotu
Year.
Year.
Year.
Ala. Midland... December.
Ala.N. O.&Tex as Pftc.Jun
N.O.&NE...
2d
Ala.&Vloksb. id
Vloks.Sh.&P. 2d
wk Jan.
wk Jan
wk Jan.
4thwk Jan
Ann Arbor
An.WaB.&Bal.. Dtcember.
Ark. Midland... Novenjber.
Atoti.T.<teS.Fe. December.
Atlanta ACUar. Octobpr...
Knox.&No December
Atl.
Atlanta&W.P.. November.
At.Val.Vflta&W December.
Anetln &N'weBt November.
Balt.& An. 8. L. December.
Balt.A I.ehlgU. December.
Bait. AOhlo.. > December.
B.&O. Sou'w. <
Bang'r&Aro's'R December.
Bath&Ham'ndf> November.
Belief onte Cen. December.
BrldgtonAS.R. November.
Brtmew'k&W'Bt December.
Baff.R'oh.<fePltt 4tliwk Jan
Buffalo <te SusQ December.
Bor.C.Bap.&N. 4th wk Jan
Canadian Pao.. •lihwk Jan
Cent, of Georgia 4th wk Jan
No\ ember.
Central N. E....
Central of N. J.
Central Paollle.
Cent. Pa. <fe W..
Okarlest'n&S av
Chattan'gaUo..
Ches. &Ohlo....
November.
November.
October
December.
4thwk Jan
4thwk Jan
December.
December.
4thwk Jau
4thwk Jan
4th wk Jan
4thwk J an
December.
. .
&
Alton..
Ohio.
Chic. Bar. AQ..
ChlcA East. 111.
Chlo. Gt. West'u
Chic. lad. &L...
Ohlo.Mil.&Ht.P.
Ohlo.&N'thw'n.
01ilo.Peo.&8t.I..
{
13,042
66,«06
104,390
3f>,000
20,000
17,0ii0
51,724
5,77b
16,647
4.7i=-b,023
278.8S6
40,382
66,141
18,9«5
26.910
7,646
11,427
3.982,588
110,458
5,997
4,422
3,9
M. & M.. January
Eaetof Minn. January
MoataiiaC'ent
Tot.flyBtem.
Hooking Valley
Hoae.&Tex.Cen
•
Illlaols Central.
Illinois Soutli'n
Ind.Deo. AWest
Ind.ni.&Iowa.
In.*Ot.N'rth'u
llnteroo. (Mex.)
Iowa Central...
Iron Railway...
Kanaw'a<ft&Ilcb
K.C. F.Bc'tt&M.
K.O.Meiu.&Blr.
Ean. C. N.W...
Kan. Olty Sou..
K. C. 8nb. Belt.
Lehigh & Hud..
Lehigh Val.RR.
Leh. V. C^alCo.
L.&W.-B.Coal.
Lex'gtonAEast
I
1
83.775
1.296,438
52 d ,941
i;4
66,261
149,3'J6
6tj,626
138,727
691.0(J0
236,517
58,895
1,380,266
1,625,057
2,154
63,431
2,516
400,387
766,488
4.110,37.5
34.000
15,000
12,000
1,051,001
503,966
488,181
476,.'>57
10.716
56.987
868.715
9.360
3,078
494,843
493.670
207.523
49.367
84.600
18.834
92.216
102,690
483,121
.
969,236
403.903
1,020,8 j7
37,748
59,9?«
23,813.482
830,485
220, z21
294,001
84,937
78,669
July
1 to Latest
Deo< inber.
Manletlque
I
tMexloanCent. 4thwk .Jan
Mexlcanlnter'l. November.
Mex. National. 4th wk .Tan
Mex. Northern. November.
Mexican Ry... Wk Jan.l9
3d wk Jan.
Mexican 80
Mlnne'p.ASt.L. 4thwk Jan
M.8t.P.A8.St.M itbwk Jan
Mo.Kan.ATex. 4thwk Jan
Mo.Pao.AIr'nM 4thwk Jan 1,063.000
34,000
Central Br' oh. 4thwk Jan
:
I
:
"Kfiih
52,47.5
82a,308
7,355
5,516
531,610
354,672
213.702
37,18:-!
78,603
15.533
.'i7,028
109,734
385,555
948,000
37,001
4tliwk Jan 1,097,000
985.000
2,813
2,056
Mob.Jao.AK.C. Wk Feb. 2.
Mobile* Ohio.. January .. e599,600 <;542,g41
Total
Mont.AMexG'f December. 130,751 103,361
Na8h.Ch.&8t.L. January .. a706,109 0634,056
3,535
3,663
Nevada Central November
N.Y.C.AH.R.. January .. 4,353,571 4.250,319
450.840
December.
411,910
N.Y. Ont.AW..
N.Y. Suaq.AW. December. 258,662 245,339
Norfolk* West. 4thwk Jan 434,932 424.759
756, 8iO 6H4,740
North'n Central December.
Northe'nPao.d. 3- "yk Jan. 527.709 443,825
4thwk Jan
25.066
25,814
Ohio River
427,833 477.020
Pao. Coast Co... November.
260,580 350,790
December.
PaolfloMall
Pennsylvania^ December. 7.816,904 6,617,704
63,944
56.351
Penn& No'w'n. December.
Pere Marquette 4thwk Jan 212,484 168,422
615,541
693,379
Phlla. AErie... November.
096.603 927,20.S
Phil. WUm.AB. December.
Pltts.C.C.ASt.L December. 1,704,292 1,714,556
37,831
40.757
Pltt8.Be8.AL.E. 4th wk Jan
21,166
18,29 s
Pitt. CTi.AY'ny. October...
214,463 182,629
Pltts.AWest'n.. October...
109,70b
98,441
Pltte.Cl.ATol. October...
38,140
40,629
Pitta. Pa. A F. October...
kthwk
Jan
99,686
93,778
Total system
Plant System104,390
82,184
Ala. Midland. December.
66,261
62,900
Bruns. <fe W'n December.
63,431
66,218
Chas. A Sav. December.
495,222 399,490
Sar.Fla. AW. December.
19,647
15,566
8il. 8. Oc. A Q. December.
Previous
Y»3r.
Year.
t
1,627,138 1,59.^,542
86.577
61,439
396.229
376,146
16,891,000 16,519,722
55,367
39,031
33,534
40,968
9,701,355 9,760.480
2,232,119 1, '-83,299
4,:'99,95.=)
4,22 2,557
292.302
.^57,342
2.353,400 2,432,510
424,407
398,897
1.916,578 1,744, <b3
2,613,731 3,093,616
9,344.007 8,133,383
19,497,940 17,915,614
827,739
816,491
20,325,67P 18.732,105
81,862
62,727
e3,7l8,300 e 3,65 1,993
692,151
629,008
a4,5fc0,38
o4.225,0:i8
14,022
12,788
33,644,424 32,093,499
2,551,082 2,678,414
1,162.130 1,418.138
9,301,967 8,103.957
4,015,554 4.085,254
19,624,231 18,563,581
910,313
804,148
2,428,486 2.417,t50
1,645,830 2,016,035
44,754,601 39,773,801
344,146
338,729
5,064,415 4,487,135
2,673,843 2,731,622
5,934,938 6,643,438
9,612,213 9,988,162
1,509,063 1,290,948
70.297
72,188
758.249
699,535
414,668
367,991
205,262
167,623
2,250,146 2,128,719
528.941
467,703
344,362
359,860
827,302;
269,245
2,431,309 2,062,912
103,199^
138,674
Reading Co.—
Phil. A Read. December. 2,552,424 2,365,428 13.976.601 13,741,777
Coal Alr.Oo.. December. 3,096,053 2,568,970 13.922,397 16,656.933
Tot.both Co's. December. 6,648,477 4,934,393 27,898,998 30,398,710
389,340
80,578
75,439
368,230
Rloh.Fr'ksbAP. November.
274.420'
52,228
46,481
Rio Grande Jot. November.
232,333
14,224
Rio Grande 80.. 4thwk Jan
14,908
337,604!
316,829
80,200
Rio Gr'de West. 3d wk Jan.
80,000 2,778,7781 2,485,351
125,603 105,5741
709,641
761,302
8t. Jos. A Gr. I. December.
8,145l
67,506!
13,803
£6,b3l
St.L.Ken'etASo December.
41,3551
7,024
34,728
St. L. A N. Ark. November.
6,245j
157,2731
l,00d,247l
159,068
St.L.Van.AT.H December.
1,017,919
St.L.A8anPran. 4th wk Jan 309,1-3 238,711' 6 015,040 4,804,611
244,742 172,472 4,547,742i 3,725,789
St.L. Southwest 4thwk Jau
268,999 184,499 1,475,225 1,290,792
San.Ant. AA.P. December.
69,832'
568,595
75,458
533,222
SanFran.AN.P. December.
15,090
19,339;
620,039;
550,2tj2
S.FePres.APh. 3d wkJan.
495,222 899,490i 2,431,309 2,062,912
Sav. Fla. A West. December.
480,405
25,078
19,772i
8her.8hrev.A8o 4th wk Jan
264.917
103,199
SU.Sprs. O. AG. December.
19,647
15,5661
138,674
21,00'J'
142,323
25,770
80. C.A Ga.Ext. December.
119,283
So.HavenAE.. Septem'er.
So. Miss.
31,641
15,605
6,432
17,920
12,239
December.
15,899
103,308
76,968
December. 6.167,686 5,341,694 35.992,841 33,499,C58
November. 1,625,057 1,610,2-58 8,933,965 8,867,930
November. 605,486 697,79:j 2,720,683 2,686,532
671,504
November. 151,299 132,442
551,818
November. 833,422 787,690 3,248.979 3,056,783
November
119,807
143.55i
29,110
29,795
750,648
November. 225.344 154,136 1,0^8,213
November. 1,499,444 1,479,4211 7,833,859| 7,661,084
November. 363,701 340,468 1,526,818' 1,449,5-0
822,528
801,562
November. 185.076 178,110
4thwk Jan 991,715 913,275 19,968,334 18,674.751
4thwk Jan
55,556
52,919 1,202,935 1,154,487
829,492
852.089
December. 133,488 139,159'
279,753;
257,068
December.
48..521
42,899
253,480
4thwk .Ian
441,291
6,063
17,458
4thwk Jan 381.673 309,2^7 6,683,242 5,346.787
59.818
December.
10.500
76,600
14.000
4thwk Jan
63,914
61,289 l,507.Siy 1.340,438
650,884
702,366i
4thwk Jan
30,287
32,403
4thwk Jan
46,636
74,092
& Ark.
So.PaolfloCo.fc.
Cent. Paolflo..
Gal.Har.AS.A
Louls'a. West.
Morgan'sLAT
N.Y.T.AMex.
Tex.&N.Orl..
So.Pao. of Oal.
So.P'c.ofArlz.
14,730,191
2,262.835
1.343.067
18,326,083
2,504,434
2,293,275
16,380,964
So.Pac.ofN.M
Southern Ry....
8t. Louis Div.
TerreH.AInd..
TerreH. APeor.
Texas Central.
TexasAPaoltlo.
Tex.S.V.A N.W.
242,660
632,393
ToLAOhioCent.
2,796,665
Tol.P.AWeat...
ct W.
UmonPao. RR..
2.17.4,470
1,455,4 27
Tol. St. L.
36.807
485,863
8,441,418
995,304
243,119
2,064,473
261,937
290,963
I
I
I
Oreg.RR.A N.
Decern 'r. 3,617,732 3,112,395 23,461,390 20,999,3«9
T
507,020 439,832 10,623,196 9
214,374 198,274 2,089.30;. 1.
286,536
W.V.Cen.APltt. Septem'er.'
86.511
95.328
U36,297l
S07i474
Western of Ala.. November.'
66.113
72.564
Wheel. A 1,. £. (
81,374 1,7S.'',339 1,553,279
Ithwk
Jan
77,302
Clev.C.A8o{
Wisconsin Cent. 4thwk Jan 134.000] 132,407 3,150,407; 3.41U.253
89,900
89,82?
16,167
Wrights v.AT'n. December.
15,329
YazooAMIss. V January ..[ 560,568 500,652 3,737.280 3,4s8.102
47.13?
49.325
7.116
7,314
YorkSonthem- Decern i>er.'
J
Oreg.Sh.Llne
Wabash
4thwkJan!
W. J'rseyASea'e December,
i
1
,
I
I
141.761
Figures tor January are for the railroad only. J Mexican currency. ^ Covers results of lines directly operated ea^i of rtiiBbarK.
t Includes Chesapeake A Ohio So'western, Ohio Valley and CTiloairo and Texas for both years.
a Includes Paduoah A Memphis Division from July 1 In both years.
6 Does not Include the Auutiu A Northwestern, the San Antonio A Aransas P»8s or Houston & Texas Central system
• Result* on Montgomery DlvlHlon are Included in both years.
d.Includes St. Paul A Duluth from July 1, 1800.
e Anthracite ooal miners strike this year.
"
Date
Current
S
LonglslandRR. Septem'er.
LoeAng.Term. December.
Loa.H.<teSt.L.. January
LoalB. ANaehv. 4thwk Jan
Maoon A Blrm.. December.
94.635
1.2^1,970
467,703
1,023,278
32,457
5.530
61.230
16,408
4,142.^66 26,946,616
9r.9,177
255,396
245,4=)7
85,054
309,088
66,862
109.389
14.339
18 331
110,331
7,274
79,485
10,966
82,848
3,556,761 23,462,933 21,179,152
706.545
82,C02
609,737
23.952
24,976
4,978
19,980
21,0-18
4.022
19.293
19,494
5,046
344,362
62,900
359,860
124,435 3,3.=>2,508 2,663,821
375,246
7 ^.576
439,30:^
118,068 3.036,592 3,122,228
(>.=)4,00<, 18.33fJ,042 18,693,745
204,913 4,303,541 3,718,232
303,889
323.560
65,954
1,396,723 6,5^7,933 6.936, 44">
1,610,288 8,933,965 8,867,920
8,625
8,475
2,234
327,302
269,24 j
55,218
59,687
55,031
3,241
377,971 9,176,46>i 7.969,'S47
711,241 4,738,691) 3,967,685
3,772,933 26,465,417 25.511,678
118,927 3,3(i3,125 3,151,317
171,077 4,123,196 4,003,380
108,644 2,417,762 2,474,087
l,055.53;i 25.711,818 25,797,158
3,291,889 22,472,487 22,937,726
822,968
877,034
139,18i
1,864,388 14,307,476 13,017,768
794,572 5,840,279 5,892,950
720.45 2
828,427
28,611
*195,267 2.558,063 1,377,376
90,914 2,720.695 2,867,407
217,330
186,901
31,332
433,730 10,623,573 9,977,900
69,667 1,425.243 1,367,041
54,500 1,162,793 1,168,221
372,859 2,466,322 2,217.378
70,816
15,244
65,464
615,646
580,868
28,423
123,860
145,783
23,220
549,4b0
585,471
101,133
272,200 6.910.860 6,117,154
991,616
219,161 1,022.899
410,961
356,620
52,761
419,687 2,503,481 2,662,849
58,998 1,467.950 1,538.803
7b,071
79,44b
18,778
931,471
951,119
146,895
3,186,215 19,333.938 20,353,816
224,3S9
200,783
8,337
86^,376
858,733
38,604
68.896
59,426
8,425
7.-i5,023
896,561
166,212
282.546
406,332
9,014
7,079
7,371
1,765
890,632
30,949 1,014,500
613,033
585,898
104,301
191,634
180,267
30.798
692,745 14,971,670 14,957,458
90,723
624,737
628,377
20,606
47,47.^
1,549,423 1,597,560 13,957,277
..
203,212 173,822 2.477,766
January .. 175,314 213,611 1,253,174
January .. 1,927,949 1,984,993 17.688,217
thwk Jan
94,395
93,694 2,804,121
December. 629,041 878,327 2.799,571
December. 3,129,982 2.810,570 18,318,926
November.
51,435
8,282
October...
257,657
80,234
60,876
624.f>48
December, 114,056
94,935
ithwk Jan 145,fc92 131,004 2,918,720
Wk Jan.l!)
78,500
78,300 2,115,800
tthwk Jan
80,o2e
60 424 1,895,5191
December.
26,483
4,324
6.40:i
4thwk ,Tan
683,612
26,108
19,536
4thwk Jan 194,261 155,242 3,899,687
4thwk Jan
51.y09 1,167.824
59,693
January ..
244.247
35,512
35,455
December. 427,844 361,574 2.274.861
2d wkDeo.
265,690
9.449
10,673
January ..
269,863
41.914
38,814
December. 2,206,440 2,087,394
December. 2,025,286 1,826,067
October...! «471,018 elll9349
December.
176,190
30,322
20.158
..
Previous
Week or Mo Ourreni
Year.
Year.
1
j
8t.L.C.&8t.P.
Ohlo.R'kl. &P. December. 2.194,951
889.753
ChlO.Bt.P.M.&O December.
33,555
OhlcTer.Tr.RR 4thwk Jan
Ohoo.Ok.&Galt January .. *358,45a
88,623
01n.N.O.&T.P. c<d wk Jan.
34,034
Oln.Porte.&Vlr December.
01.0.0h.&St.L. 4th wk Jan 459,360
76.798
Peo. & East'n. 4thwk Jan
46,837
Cl.IiOr.cfe Wheel. 4thwk Jan
Colorado & 80. Oecember. 387,906
14,921
Col.New.A Laa. November.
26.767
Col.Sand'y&H. 4th wk Jan
18,034
Cornwall &Leb. December.
OambTdVaUey December. 110,912
4th
wk
Jan 275,800
Denv.&RloGr..
Denver&Bo'w'n November. 212,528
Det.&Maoklnac December.
59,042
Dnl. (fcl.Ratige. November. 269,364
DalutUS.S.&Atl 4thwk Jan
63,720
E.8t. L. <fcOar.. December.
13,948
ElglnJol.&East December. 153,;J38
December. 3,187,896
Brie
Ev'ns.&Iud'plls 4th wk Jan
7,198
Evanev. & T. H. 4thwk Jan
36,704
8.465
Find. Ft. W.&W. December.
F».W.&Den.O.. November. 195,246
FtW.&RloGr.. 4th wk Jan
21,338
eiMiB.<s(!Att.u.. November.
1,296
2d wk Jan.
G^eorglaRR
41,845
Geo. 80. & Fla.. December.
109,397
OUaVal.G.&N. December.
36,598
Gr. Tr'nk 8yst. 4thwk Jan
732,111
Tr.
W'n
3d
wk
Gr.
&
Jan.
72,658
Det.G.H.&M. 3d wkjan.
23,146
St. P.
15,399
63,800
82,184
3.—
132.511
187,11»
103,817
1,151.390
3,293,035
January. 113,507
OieatNonh'n—
ROADS.
t
S
November
Ala. Gt. South.. 4thwk Jan
Adirondack
Latest Gross Earnings.
Latest Dale
...
:
..
Totals for Fiscal Tear.
4/^1
In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
still have their own fiscal years.
brought together in the following.
Laie^ Gross Earnings.
Roads.
Period.
Atlanta & Ch^irlotte Air Line. A.pr. Ito Oct.
Burlington Cedar Rap. & No. Jan. Ito Jan.
Jan. Ito Nov.
Central of New Jersey
Chicago & North- Western.. June Ito Dec.
31
31
30
31
Pac. Apr. Ito Dee. 31
.
Chica^io Rock Island &
Chic. 8t. P. Minn. & Omaha.. Jan. Ito Dec. 31
Choctaw Oklauoma di Gulf.. Nov. Ito .Tan. 31
Jan. Ito Dec. 31
Cumberland Valley
Duluth South She. & Atlantic Jan. 1 to Jan. 3
East St Louis & Carondelet. Jan. 1 to Dec. 31
Jan. Ito Nov. 30
Pt. Worth & Denver City
Gila Valley Globe & Noith'n. Jan. 1 to Dec. 31
International & Gt. North'n. Jan. Ito Jan. 31
Dec. Ito Dec. 31
Lehigh Valley
Deo. Ito Dec. 31
Lehigh Valley Coal
Lehigh & Wilkesbarre Coal.. Jan. 5 to Oct. 31
Manistique
Jan. Ito Dec. 31
Jan. Ito Jan. 31
Mexican Central
Jan. 1 to Nov. 30
Mexican International
Jan. Ito Jan. 31
Mexican National
Jan. Ito Jan. 19
Mexican Railway
Apr. Ito Jan. 21
Mexican Soutliern
Missouri Pacific
Jan. 1 to Jan. 31
Central Branch
Jan. 1 to Jan. 31
Monterey & Mexican Gulf.... Jan. Ito Dec. 31
Jan. Ito Dec. 31
Northern Central
Ohio River
Jan. Ito .Tan. 31
May Ito Dec. 31
Pacific Mail
Pennsylvania
Jan. Ito Dec. 31
Pennsylvania & Northwes'n. Jan. Ito Dec. 81
Pere Marquette
Jan. Ito Jan. 31
Philadelphia & Erie
Jan. Ito Nov. 30
RR
Phlla Wilm'g'n
& Baltimore.
&
&
St. L...
Pitts. Clncin. Chic.
Lake Erie.
Pitts. Bessemer
You'gh'y. .
Pitts. Charters
Bio Grande J unction
St. L. Vandalia & Terre H....
&
Nov. Ito Dec. 31
Jan. Ito Dec. 31
Jan. Ito Jan. 31
Ito Oct. 31
Ito Nov. 30
Nov. Ito Dec. 31
South Haven & Eastern
Jan. Ito Sept. 30
South. Missouri & Arkansas.. Jan. Ito Deo. 31
Terre Haute & Indianapolis.. Nov. 1 to Dec. 31
Terre Haute & xeorla
Nov. 1 to Dec. 31
Texas Pacific
Jan. 1 to Jan. 31
West Jersey* Seashore
Jan. Ito Dec. 31
Jan.
Dec.
<fe
Current
Previous
Year.
Tear.
1,329,669
360,968
13,927,525 13,707,905
26,160,659 2rt,.'=.73.027
19,864,753 17,914,588
10,342.000 10,488.814
677,775
1,185,335
960,283
1,052.378
167,148
162,262
145.644
160,748
1,624.955 1,460,418
396,393
384.441
878,544
409,739
2,206,440 2,087,394
2,025,286 1,826,067
7,623.768 7.105.657
102,728
83,249
1,457,452 1,527,849
4,904,145 4,159 091
609,973
602,023
245,700
241,300
602,559
659,439
2,764,940 2,339,959
93.921
96,618
1,389,854 1,'?65,380
7,845,448 7,233.448
100,029
100,421
2,224,281 2,575.388
85,575,912 72,922,712
670,240
701,577
554,363
634,309
4,902,763
5.308,351
1,961,062 1,911,162
18,99 >,728 18,104,423
128,148
108,558
154,009
165,089
439,341
558,679
324,688
316,207
33,898
52,160
184.846
130,666
275,247
266,172
80,203
95,671
786,629
1.017,583
8,490,358 3,114,158
1,472,515
Latest Gross Earnings by Weeks.— In the table which
we sum up separately the earnings for the latest
week. The table covers the fourth week of January and
shows 10-12 per cent increase in the aggregate over the
last year.
Ath week of January.
1901.
1900.
..
Ann Arbor
Bufialo Rooh. & Flttsb'g.
Burl. Ced. Rap. & North.
Canadian Paclflo
Central of Georgia
Chattanooga Southern. .
OheBaneakeA Ohio
Chicago & East. Illinois.
Ohio. Great Western
Ohlclndian'lis
& Loulsv.
Chicago MUw. & St. Paul
Ohio. Term. Transfer....
Olev. Cln. Chic,
& St. L..
Peoria & Eastern
Olev. Lorain & Wheel'g..
Col. Sandusky <fe Hock'g.
Denver & Rio Grande...
Duluth So. Shore & Atl..
A Indianapolis.
& Terre Haute.
Worth
& Rio Grande,
Ft.
KvansY.
Bvansv.
erand Trunk
)
Grand Trunk Western >
Det. Qr.Hav. & Mllw. >
Hooking Valley
& Gt. Northern..
Iowa Central
Kanawha &.
Michigan...
Kan. City Ft. S.
Kan. City Mem.
& Mem..
& Blrm.
& Nashville
..
Mexican Central.......^
Mexican National
,
Hlnneapolla & St. Louis
Minn. St. P. & S. Ste. M..
If0. Kansas <St Texas...
Bio. Pacific & IronMt.,
Central Branch......
Mob. Jackson A K. City
orfolk & Western
.
Northern Paclflo.........
Ohio River
Pere Marquette
Fittsb.BesB, & L. Erie...
Pittsburg & Western.....
Rio Grande Southern....
Louis & San Fran
Louis Southwestern..
Sherman Shreve. & So...
Southern Railway
St. Louis Dlv
St.
8t.
Texas Central...
Xezas & Paolfic. ........
Toledo & Ohio Central...
Toledo Peoria &West'n.
66.806
51,724
149,306
138.727
691,000
236,517
2,516
400,387
132,511
187,119
103,817
1,151,390
33.555
459,360
Increase.
63,800
47,475
124,435
118.0(38
654,000
204.913
3,006
4,249
24.871
20,659
37,000
31,604
725
3.241
22.416
13,584
16,042
46.887
26,767
275.800
53,720
7,198
36,704
21,338
377.971
118,927
171,077
108.644
1.055,532
28,611
433,730
69,657
54,500
28,423
272,200
53,998
8,337
38,604
9,014
732,111
692,745
89,366
94,895
145,692
80,026
26,108
194,261
59,693
868,715
494,843
207,523
92,216
102,690
483,121
1,063,000
34,000
3,032
434.962
817,569
25,065
212,484
37,831
99,686
14,908
309,173
244,742
25,078
991,715
55,556
17,458
381,673
63,914
32,408
93,694
131,004
60,424
19,536
155,242
51,909
829,308
531,610
213,702
57,028
109,734
386,555
948,000
37,000
2,195
701
76,75*8
Deereate.
s
S
Alabama Ot. Southern.
424, /5 9
703,116
25,814
168,422
40,757
93,772
14.234
238,711
172,472
19,772
913,275
52,919
6,063
309.227
61,289
30,287
1901.
1900.
74,092
507,020
77,302
134,000
46,636
439,832
81,374
132,407
27,456
67,188
13,592,959 12,343,971
1.332,913
1,248,988
$
& West
„.
ITheeUng & Lake Erie.
Olevel'd Canton & So s
Tol, St. L.
Wabash
VlBoonsin Central
Total (67 roads)
Increase.
Net Increase (10-12 p.c,
Decrease.
9
4,072
1,693
83,925
For the third week of January our final statement coverg
67 roads, and shows 8*27 per cent increase in the aggregate
over the same week last year.
426,007
follows
same week
[Vol. LXill,
week of January.
3d
teeek of
4,827
95,858
4,944
25,630
7,141
7,663
1,656
3,600
'5,27"8
1.139
1,900
12,824
Mexican Railway
viexican Southern
Texas Central
Total (67 roads)
Net increase (8-27
36,767
6,179
35.188
"Y.oii
'""887
10.203
114.453
44,062
"5,914
684
70,462
72,270
5.306
78,440
2,637
11,395
72,446
2,625
2,121
1901.
1900.
S
"3",000
849,378
84,601)
78,6(10
18,834
16,035
15,533
12,276
6,000
3.301
3,759
9,434,722
8,713,804
p. o.l...
"2,9*26
Deereate.
S
8,529.095
78.300
$
141,720
200
862,638
720,918
141,720
For the month of January 87 roads (all that have furnished statements for the full month as yet) show aggregate
results as follows
Month of January.
1901.
1900.
Increase.
Per Cent.
9
Oross earnings (87 roads) 48,870,856 45,177.557 3,693,299
It will
the
8-17
be seen that there is a gain on the roads reporting in
of $3, 693,899 or 8 17 per cent.
amount
Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of January 26,
1901.
The next will appear in the issue of Feb. 23, 1901.
— Oross Earnings. —
Current
Tear.
Roads,
Previous
Tear.
S
Alabama Mldl'nd.b Dec.
Net Earnings.
Current Previout
Tear.
>
Tear.
9
82.184
467,703
5,530
62,672
35,054
400,072
42,125
160,200
2,743
21,429
13,228
122.221
21,443
115,012
2,085
16,651
9,083
96,171
7,274
7,646
11.427
10,966
79,485
82,848
110,458
82,602
706.545
609,737
Branswlok&West.bDec.
66,261
62,900
July 1 to Dec. 31
344,362
359,860
387,569
Borl.Ced. R.& No.a.Dec.
414,633
Jan, 1 to Dec. 31
4,848,279 4,926,933
55,218
Ohar.A Savannah. I) Dec.
63,481
269,245
July 1 to Dec. 31 ...
327,302
2.194,951 1,864,388
Ohlc.R.I. & Pae..a..Dec.
Apr. 1 to Dec. 31....:19,864,753 17,914,588
Ohlc.Ter.Transf..b.Dec.
115,883
98,133
715.418
620.102
July Ito Dec. 31
Choctaw Okl.<fe G.b.Dec,
419,030
277,840
482,508
Nov. 1 to Dec. 31
831,882
387,906
372,859
Colorado & South.bDec.
2,466,322 2,218,378
July 1 to Dec. 31
23,220
18,034
Cornw'll & Leban'n.Dec.
145.783
123,660
July Ito Dec. 31....
110.912
101,133
Oamberland Val.b.Dec.
860,283
1,052,378
Jan. 1 to Dec. 31
Del. Lack. & Western b—
1,998,511 2,356,425
Oct 1 to Dec. 31
4,097,020 4,677,750
July 1 to Dec. 31
2,805
2,509
2,848
30,404
24,118
244,665
21.658
119,648
94,842
1,304,761
4,129
20,278
582,982
6,472.848
50,520
373.594
93,522
178.326
100,897
707,452
8,869
74,610
def.55,090
246,093
Dec. 31
Annap. Wash, &Bal. Dec.
Jan. 1 to Dec. 31....
A.tL Knox. & No.... Dec.
Jan. 1 to Dec. 31
1 to
104,390
528,941
5,778
66,895
40,382
443,587
Baltimore & Annapolis
Short Line
Dec.
Balto. & Lehigh... Dec.
July 1 to Dec. 31
Bangor & Aroosi'k . Dec.
July 1 to Deo. 31 ...
.
242,240
239,237
496,713
483,287
880,784
961,677
Oenv. & Rio G'de.b.Dec.
6,109.437 5,317,355
July Ito Dec. 31
52,761
59,042
Detroit & Maok'o.aDec.
356,620
410,961
July Ito Jan. 31
42,592
74.818
Ft.Worth& RioG.b.Dec.
252,860
343,211
July 1 to Dec. 31
488,316
695,240
Kan. C. Ft. 8. A M.aDec.
6,123,404 5,338.751
Jan. 1 to Dec. 31
Dec.
31..-.
3,354,625
3,015,565
July 1 to
202,630
157,397
Kan. C. Mem. & B.a.Deo.
849,911
983,139
July 1 to Dec. 31
361,574
427.844
Kan. City South, aDec.
2,274,861 2,064,473
July 1 to Dec. 31
30,322
20,158
Lexlng'n & Ea8t.b..Dec,
141,761
176,190
JuJ^ Ito Dec. 31
Mexican Central... Dec. 1,372,225 1,546,336
Jan. 1 to Dec. 31.... 17,223,978 15,602,065
498,670
354,672
Mex. International.Nov.
Jan. 1 to Nov. 30.... 4,904,145 4,159,091
636,495
589,709
Nash.Ch.&St. L.b..Dec.
3,854,276 3,590,982
July Ito Deo. 31
—
. .
""749
Inereaie.
S
9,236.753
78,500
Syr. Bing. & N. Y.b—
Oct. 1 to Dec. 31.
July Ito Dec. 31....
14,688
19.602
6,572
39,019
7,784
39,407
162,566
115,000
January.
Previously rep'd(63 r'ds)
Interoceanic (Mex.)
July
Louisville
)
THE CHRONICLE.
280
Intem'l
—
—
812
17,980
36,631
273,347
31,810
141,224
59,899
1,250,843
18,621
68,838
634,041
6,808,221
49,372
354,183
206,758
394,253
110,944
661,473
7,851
48,867
def.79,745
260,095
711,258
1,626,313
100,911
124,586
195.199
269,413
338.942
319,111
2,260,675 2,055,224
16,282
13,774
101,246
121,767
23,128
46,469
117,913
168,431
303,491
139.710
2,184,837 1,656,550
960,700
1,302,506
61,531
78,136
273,221
335,177
45,113
129,804
416,462
515,646
4,702
12,943
64,644
63,340
453.943
639,766
5,373,683 5,199,094
101.251
228,055
1,963,930 1,713,602
212,349
212,518
1,335,794 1,257,815
Newb.D'tohess &Conn.—
40,931
Oct 1 to Dec. 31
82,643
July 1 to Dec. 31....
260,580
Dec.
Pacific Mall
May 1 to Dec. 31... 2,224,281
48,232
91.879
850,790
2,575,388
1,433,223
2,919,448
10,115
20,447
150,537
1459,988
20,583
33,939
1 146,822
t861,421
Febrcabt
THE CHRONICLE.
9, 1901.]
—Current
Earnings.——
Or
Previous
OSS
106,575
761,302
6,245
7,024
57,382
77,962
399,490
495,222
Sav, Fla. & Weflt.b.Dcc.
July 1 to Dec. 31..... 2,431,309 2,062,912
15,566
19.647
811v.8p.OoalaAG.bDec.
138,674
103,199
July 1 to Dec. 31...,
16,157
15,829
WriKhtBV. A Tenn. Dec.
89.900
89,828
July 1 to Dec. 31
612.700
737.959
Yazoo & Miss. Val.a.Dcc.
3,186,722 2,987,450
July 1 to Dec. 31
51,091
270,900
3,077
37,606
181,350
739,.' 25
10,753
51,267
25,603
1
709,(i41
—
7,465
39,708
396,128
1,352,188
31,385
£06,941
3,505
32,391
132,800
542,180
6,668
81.775
5 847
33.230
328,066
1,314,727
a Net earnlDKB here given are after dednctliiK taxes.
b Net earnlntcs here given are before deducting taxes.
fund for repairs of steamers" surt After deducting "reserve
plus In December, 1900. was $21,422, against $117,707 in 1S99,
and from May 1 to Deo. 31, 190O, there was a surplus of $227,068,
against $628,501 In 1899. The reserve fund for depreciation and
general and extraordinary repairs of steamers has been Increased
to the standard of the English companies, i, e., five per cent upon the
value of the steamers.
Interest Charges and Snrplns.—The following roads, In
addition to their gros.s and net earnings given in the foregoing, also report charges for interest, &o., with the surplus
above or deficit below those charges.
>-Bal. of Net Earn' s.Int., rentals, etc.
—
—
Current
Previous
Current
Previcfus
Tear.
Tear.
Tear.
Tear.
Kan.
Kan
C.
257,365
3,542,11)9
50.687
113,344
833,888
1,711,109
75,644
175,222
tl28,090
1897,048
1,437,380
730.879
*691.184
*547,283
*237,683
•241,987
98,108
160,404
960,110
98,2S8
157,156
926,466
*257,776
52,111
370,t84
'194,158
55.193
331,349
Mem. AB.—
July 1 to Dec. 31
Rashv. Chat. A 8t. L.Dec.
July 1 to Dec. 31
Newb. D'tcheas&Oonn.—
Oct 1 to Dec. 31....
July 1 to Dec. 31
St. Jos. & Gr. Isl'd. Dec.
July 1 to Dec. 31
4,528
9,304
8,750
52,500
5,115
10,000
8,750
52,500
n6,130
'6,171
*10,673
*^4,8S8
22,635
154,441
42,344
218,400
After allowing for other income received.
These figures include other Income. After deducting $10,000 for
Renewal Fund and Bond Conversion In December, 1900, and
$15,000 In December. 1899, the surplus for the month is $136,805,
against $113,090 a year ago; from July 1 to Deceinter 31, 1900, ihe
deduction for this purpose was $80,000, against $90,000 In 1899,
leaving surplus for this year $992,741, against $807,048 a year ago.
$
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
—
STREET RAILWAYS AND TRACTION COMPANIES,
Latest Gross Earnings.
Gbosb
American
Week orMo Cur'nt
Tear.
R'ys. Co. .
Atlanta Ry.
St,
.
.
OolnmbuB
(O.) Ry....
(Pitts.)
Consol. Trac.
.
Det. Rooh. Ro. A L.O.
Detroit United
Dnluth Sup. Tract.
Duluth St. Ry.... {
Galveston City
Harrisburg Traction.
Herkimer Mohawk II-
Date.
Prei>'u«
Current
Premout
Tear.
Tear.
Tear.
Omaha
51,571
541.961!
182,742
489.419
166,489
7,151
l'40,684
84',366
4,849
4,773
December.
December
November.
December.
December.
December.
October...
December.
December.
October...
4thwk Jan
December.
August
December.
lonAF'kfortEl.Ry. December.
718,357 652,364
40,712
28,698
163,971 2,057,016 1.504,96'B
141,112
121,886
8.654
75,216 822,445
226,467
100,908
163,627
6,988
109.797 1,302,289 1,230,162
53.(i39
8,35e
1,626
194,374
182,923
63,204 58,984
36,839 35,431
157,446
147,511
'28",740 26,257
S43,45b 312,942
eo.osf
3.346
46,212
53,005
Intern at' 1 Traction—
A
38,3i)o
32,95;^
42i,><%7i
1,426
4,428
1,409
4,0t9
Ry
j
'
December.
21,859
51,880
.56,1P9
379,C06
362,702
22134
47,109
St Coun. Blufi
December. 32,8:6
Gas A Ry
Scranton Railwav*.. December. t39,380
Seattle Electric Co... November. 99,371
Southern Ohio Tract. December. 24.744
Staten Island Eleo .. December. 13,176
Terre Haute Eleo.Co. November. 21,22*November. 128,.'=>49
Toronto Ry
Twin City Rap. Tran. December. 256,819
Union (N. Bedford).. December. 20,546
United P. A Transp.. December. klnc. 8,
United Traction— > December.
115,759
Albany City 5
United Tract. (Pitts.) December. 167 072
United Tract. (Prov.) December. 202,133
WUm.AN.CastleEleo. December.
Winnebago Traction. December.
Worcester <& Marl'b'b December.
31,469
1
54,8 18
89,353
19,576
373.625
540.343
330,404
530,957
394.907' 240.317
13,036 209,645! 203,897
15,172
102 502 1,357,206 1,191.163
236,621* 2,889,355 2,522,793
19,010 262.026
228,352
180
f/ne 214 082
109,899 1,331,458 1,268,011
151,608 1,900,403 1.688 691
176,115 2,360.756 2,020.560
54,902
6,599
6,399
6,279
5,114
69.435
67.129
* Figures from May 1 cover Soranton Railway, Scranton
A Plttston,
Soranton A Carbondale and Carbondale Railway.
DecreasB for November due to loss by lire of power station and
t
all of company's cars.
These are results for properties owned.
Strike In December, 1900; road completely tied up for several days.
nearly
t
Street Railway Net Earnings.— The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
In the Chronicle of January 26, 1901,
The next will
appear In the issue of February 23. 1901.
Gross Earnings.
Net Bamxngs.—i.
Current Previous
Current Previoui
—
—
.
(Buffalo)
December. 246.774 223,333 2,697.371 2,419,488
136,958
168.777
15,524 13.070
Kingston Citv Ry.... December.
66.647
68,038
4,812
4,817
Lehigh Traction
December. 10,143
9,56H
111,853 106,516
London St. Ry. (Can.) December. 11,043
8.461
JjOraln St. Railway.. Septem'er.
72,142
73.607
8,542
7,829
Lorain A Cleveland.. November.
86.282
89 8861
6618
6,378
Haas. Eleo. Co/s
November. 401.709 379,433 4,946,860 4,541,021
Metro. (Elev. Chicago December. 137,655
1,572,548 1,427,512
Montreal Street Ry.. December 147.978 137,682
Muscatine St. Ry
'6i",993
December.
69,175
6.51t<
6,689
Newbtirg St. Ry
December.
97,361
89,030
6,450
6,799
New Castle Traction. December. 8,69b 9,375 181,8921 133,073
1
»
Tear.
Tear.
Year.
$
$
«
Roads.
Oct
1 to Dec. 31
Jan. 1 to Dec. 31
102.414
100,279
476,219
440,566
Staten Isl. Eleo a..Dec.
13,178
13,( 36
2( 9.645
Jan- 1 to Dec. 31
203,897
July 1 to Dec. 31....
120,278
114,642
Twin City Rap.Tr. b Dec.
256,819
236,629
Jan. 1 to Dec. 31..., 2,839,355 2,522,793
UuitfdTrac. (Albany)b—
Oct. 1 to Dec. 31
346,562
327,710
Jan, 1 to Dec. 31
1,345,970 1,286,669
Winnebago Tract.. Dec.
6,599
6,399
Apr. 1 to Dec. 31...,
37,244
219,281
1,941
50,853
43,883
152,115
1,534,666
109,755
445,876
2.100
29,029
Tear.
S
38,194
194,525
987
59,878
31,030
135,369
1.365,821
110.719
473,213
2,309
and Snrplns.— The following Street
Interest Charges
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c., with the
Biuplus or deficit above or below those charges.
—Int., rentals, etc.
^Bal. of Net Eam'i,—>
Current Previous
Current
Previous
—
Tear.
Tear.
$
$
Roads.
New York A Queens
Co. —
Oct. 1 to Dec. 31
Iwin City Rapid Tr.Dcc.
42,571
64,201
829,075
Tear.
$
Tear.
$
32,650 *def. 4,026
65,955
87,914
815,796
705,591
*7,101
69.414
550,025
•50,510
•47,509
United Trac. (Albany)—
Oct 1 to Dec. bl....
Winnebago Traction-
59,703
Apr. 1 to Dec. al
20,625
66,688
8,404
After allowing for other income received.
ANNUAL REPOR'rs.
—
Index. The index to reports published during the last
half of 1900 can be found by referring to the general index
in Chronicle of Dec. 29, "where all references to annual
reports are designated by heavy type.
Southern Faciflc Company.
('Report for the year ending June 30, 1900.)
The remarks of Charles M. Tweed, Chairman of the board
of directors, and elaborate tables showing the earnings, expenses and charges of the sj-stem, also statistics of operation,
and balance sheet for two years past, as given in the annual
report for the year ended June 30, 19t 0, will be found on
pages 287 to 296 of to-day's Chronicle.— V. 73, p. 243, 184.
Johnstown Pass. Ry. November.
)
30,104
9
61,686
424,180
3,201
Bridge
December. 17,944 17,812 236,703, 214.188
Ry.
Philadelphia Comp'y December. 276,301 220,025 2,432,881 1.867,691
Pottsv'e Union Trac. December.
142,4 6t
128,983
Railways Co. General December. 16,330
Richmond Traction.. December. 16,803 15,273 205,732 174,325
Sacramento Electric
*
49,287
15,078
956,823
Dart&WportSt.Ry. December.
Denver City Tram..
4,031
J29,904
Jan. 1 to Dec. 31....
to Latest
50,086
16,63a
978,026
9,619
63,007
3,737
185,455
9,925
85,677
249.445
7,824
114,562
Ry.. December.
Br'klyn Rap.Tr. Co.
Chicago & Mil. Elec.
Oln. Newp. AiCov....
City Elec. (Rome.Ga.)
Cleveland Electric
Oleve. Palnsv. AE...
Jan. 1
December. §53,544
A Power. November.
Blnghamton
Ry.. December.
Norfolk Ry. A Light. November
Northern Ohio Tract. December.
Ogdensburg St. Ry.. December.
01*;an St.
Latest Date.
Week or Sfo
New York & Queens Co.b—
•
Eabningb.
8t.
to
Prev'us Current Previous
Tear.
Tear.
Tear.
«
New London
S
768,914
1,520,681
Jan. 1
Cur'nt
Tear.
>
S
S
Roads.
$
321,041
313.000
325,627
Ohio. R. Isl. A; Pao. Dec.
2,817.000 2,930,649 3,991,221
Apr. 1 to Dec. 31
163,962
42,835
42,796
Oboe. Okla. & Gulf. Dec.
308,543
64,982
85,710
Nov. 1 to Dec. 31. J..
Del. Lack. & West.—
106,421
599.335
604,837
Oct. 1 to Dec. 31
416,147
July 1 to Dec. 31.... 1,210,166 1,208,339
Syr. Bin g. &N. Y.51,666
48,942
49,275
Oct. 1 to Dec. 31
101,019
94,191
94,180
July 1 to Dec. 31
1146,805
199,713
198,573
Oen. A R. Grande... Dec.
1,223,317 1,203,212 {1,072,741
July 1 to Dec. 31
C. Ft. 8.AM.—
Jan. 1 to Dec. 31....
July 1 to Dec. 31
Latest Gross Earnings.
Gboss
Eabninos.
Current
Tear.
fear.
Soads.
8t. Jos. & Gd. Isl.a.Dcc.
Julv 1 to Dec. 31...,
St. Louis & No. Ark.Nov.
Jan. 1 to Nov. 30
—
garr.ing^
Previous
Tear,
Tear.
11 ti
^
281
General Chemical Company.
("Report for the year ending Dec. 31, 1900.
President Nichols says in substance:
The financial results have boon, on the whole, satisfactory. We
have naturally felt the falling off in the coiisuuiption of the country as
compared with the last few months of 1993. This has been compensated for by increased econouiit-s and not by hUher prices, in accordance with the policy outlined In oar first report. Our present condition la better than ever for economical production and distribution,
and the organization is complete and harmonious. Daring the year
we
aoqalred three
new
plants.
—
;
THE CHRONICLE.
2^2
—
The earnings for the year were as follows:
SurpluB on books December 31, 1899
Net profits for the year 1900
$178,710
1,258,946
,
$1,737,656
Deduct—
Dividends paid to stockholderer
Preferred (B percent)
Common (4 per cent)
Chargedoff plant account
$193,715
285,364
69,471
Balance transferred to surplus aooount, Dec. 31. 1900...
During the year there was expended in construction
and betterments
BALANCE SHEET DEC.
1900.
Liahilities
Mfg. mvest.atcost.12,195,688
ll,68i5,360
Inveft.lri other COS. 2,309,5S4
l,88:3,4-25
Merchanaise
941,4i;0
Cash
817,782
481,233
23,i78
I,2b5,267
Accts. receivable..
eC5,0l8
Insurance, etc....
82o,72«
19,351
1900.
-
t
Capital stock (pf.). 8,2B0,000
" (com.). 7,167,9
559,728
Accts. payable
Uividfnds accrued
Sm-plu3
lii3,«00
889,106
Central Pacific RR.— Payment. The company has given
notice of its intention to pay at once the note f r $3,940,685
due February, 1903, one of the series i.'^sued in 1899 in settlement of the Government's claim. This payment releases an
equal amount of first refunding 43 whicti were deposited as
collateral, and which presumably will now be sold.—V. 71,
p. 181.
848.550
889,106
688.897
31.
1899.
1899.
$
8,088.703
6,760,200
195,933
153,126
478,710
Chattanooga & Lookout Mountain RR.— Mortgage.—Thia
company, recently incorporated with $250,000 stock, has filed
a mortgage to the Real Estate Trust Co., of Philadelphia, as
trustee, to secure $250,000 of 5 per cent 25-year bonds.
Delaware Lacliawanna & Western RR. — QuarterJy.—
Earnings of the company's leased lines in New York State
for the quarter and the twelve months ending Dec. 31 were:
3 mo8. end.
Dec. 31.
Gross
earnings.
1900
1899
$1,998,511
2,356,425
$7,509,647
8,018,327
1
To- al
—V. 70,
Total
17.000,634 15,676,868
[Vol. LX2.H.
17,000,634 15.076,668
p. 278.
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
Atchison Topeka & Santa Fe RR.— Bonds.—The annual
report for the year ended June 30, 1900, showed that the
entitled to issue $5,758,300 general mortgage bonds to reimburse its treasury for capital expenditures prior to that date. Of these bonds the company has
recently issued and sold |5,(jOO,000.—V. 72, p. 86.
company was then
Interest,
taxes, etc.
Balance,
1,433,223
$b04,837
599.335
$106,421
833,888
$3,134,833
4,490,465
$2,416,473
2.446,837
2,043,628
$711,258
months—
2
1900
1899
-V.
Net
earniriffs.
surplus.
$718,360
71, p. 1166.
Denver & Southwestern Rj.— Earnings.— The company
reports for the year ending Nov. 30, 1900:
Tear end.
Gross
Ket over tax.
Int. on
Sinking
Sal. for
Nov. 30. earnings,
and rentals.
bonds.
fund.
divid'ds.
1900
$2,481,567
$973,395
$274,008 $132,508
$566,879
From the above were paid dividends as follows: On common (41^ per cent), $135,oOO, and on preferred (d% per cent),
$75,000; bal. over dividends $356,879.— V. 71, p. 696.
Detroit & Lake St. Clair Rj.— Guaranteed Bonds.—This
company on April 1, 1900, purchased the property of the
Detroit Lake Shore & Mt. CJlemens Ry. AH of the securPurchased— See Southern Ry. Co. ities of the latter company were retired, and the new com-
Angnsta Southern Ry.
below.-V. 67, p. 528.
pany has issued 400 gold bonds of $1,C00 each, bearing date
April
1, 1900, interest 5 per cent payable October and April,
Debentures
Con$15,000,000
Ohio
RB..—
for
Baltimore &
The principal and
strnciion ar>d Improvements. The directors on Feb. 8 voted Union Trust Co. of Detroit trustee.
interest
ihese
bonds
of
are
guaranteed
by the Detroit &
lO-year
gold
convertible
of
4
per
cent
issue
$15,000,000
to
debentures to provide for construction purposes and for ad- Port Huron Shore Line Ry., which is also the owner of its
capital stock. Officers
Cornelius J. Reilly, President
ditions and improvements. Holders of voting truet certifi
cates of record Feb. 21, 1901, are offered the privilege of Charles M. Swift, Treasurer; F. W. Brooks, General Manager.
subscribing till 3 p. M. Feb. 28 for eaid debentures at par at
Detroit & Port Huron Shore Line R^.— Guaranteed Bonds.
the rate of one debenture for every 70 shares of stock repre- —See Detroit & Lake St. Clair Ry. above.—V. 72, p. 136,
sented by their voting trust certificates. The issue has been
Erie RR.— Injunction Asked. Richard Pine-Coffin, holder
underwritten.
of
$10,000 stock, on Thursday applied to Justice Fitzgerald
each,
due
March
The new bonds are to be $1,000
1, 1911,
but convertible at the option of the holder into common of the Supreme Court for an injunction restraining the comstock at par on March 1, 1902, or on any subsequent semi- pany from carrying out its agr dement to purchase the Pennannual interest day, upon thirty days' notice in writing sylvania Coal Co.
Qwarfer/^.— Earnings for the quarter and the six months
to the company, but with the right on the part of the rail-
—
:
—
road company to deliver in
lieu of
common
stock voting
debentures may
All or any of such
certificates,
be redeemed by the company at par and accrued interest on any interest day, beginning with March 1, 1902,
upon notice published in New York and London. In case
part of the debentures are redeemed they shall be redeemed
Any debenture.^
in the inverse order of their numbers.
called for redemption may, nevertheless, at the option of
the holder, be converted upon the redemption day into common stock or voting trust certificates therefor, provided
thirty days' notice in writing shall have been given to the
company. Both principal and interest will be payable in
gold and free of tax. Debentures will be delivered without
the first coupon, on payment of the final inetalment on Sapt.
See further partic1, 1901, and surrender of the receipts.
ulars in advertisement on another page. V. 71, p. 1268.
trust
ending Dec. 31 were:
3 mos. end.
Gross
Earnings.
$8,59^,874
9,119,507
Dec. 31.
1900
1899
Net
Earnings.
$2,530,443
2,839,812
Other
Income.
$53,806
25,741
$2,279,130
2,241,852
Balance,
Surplus.
$305,119
623,701
$5,523,786 $96,206
5,989,915
62,729
$4,492,387
4,423,439
$1,127,605
1,619,205
Interest,
taxi's, etc.
6 months.
1900
1899
$17,509,998
18,477,026
— V. 72, p. 241, 136.
Hockipg Yalley Ry.— Cor Irusts Called.— Forty- four Columbus Hocking Valley & Toledo Railway car trust series
"A" have been drawn by lot for redemption at par and
accrued interest on April 1, 1901, at the Atlantic Trust Co.,
61 William St.— V. 72, p. 87.
—
Houston & Texas Central R,R.— Called Bonds. ^The company has called for payment with proceeds of land sales 175
($175,000) first mortgage and 150 ($150,000) consolidated
bonds, and will redeem the same on presentation at
mortgage
Belleville & St. Louis RR.—Successpr Company.— The
its office in the Mills Building at 110 and interest. The bonds
"St. Louis Globe- Democrat" on Feb. 2 said:
will cease to draw interest March 31. The numbers of the
Clark Bro8. & Co., bankers, of Philadelphia, Pa., have purchased
the electric railway lines of the St. Louis & Belleville Traction Com- called bonds will be found in our advertising columns.— V.
—
pany, comprising the Belleville City Electric Ry., the 8t. Louis &
Belleville Electric Ry. and the St. Louis Belleville & Suburban Electric RR. A new company is to be organized for the operation of the
lines under the name of the Belleville & St. Louis RR. Co., with a
capital of $2,000,000. John A. Day ceased to be President of the St.
Louis & Belleville Traction Co. Thursday evening, and George J. Kobusch of St. Louis assumed the presidency yesterday morning. John
M. Bramlet became General Manager and A. C. Thompson, Superintendent.
71, p. 913.
Huntingdon & Broad Top Mountain RR. & Coai.— Earn—The company reports for the year ending Dec. 31:
ings.
Tear,
1900
1899
-V.
Gross.
Net.
Interest.
$643,904 $247,442
624,480
274,051
$106,190
106,190
Div.onpref. Bal.,stir.
(7%) $140,000 $1,252
110,000 57,861
{.b^.%)
70, p. 380.
—
Illinois Central RR.— Purpose of New Stock Issue PresiBenton Harbor & St. Joseph Electric Ry. & Light Co.—
Fish is quoted as saying
dent
Bonds Offered.— Granger Farwell & Co. of Chicago are offerintend
to make that $6,000,000 go as far as It will In improving
We
ing at 103 and interest $200,000 of this company's |l,000 first
the system. Even our road in Minnesota, Dakota and Iowa will bo
mortgage 5 per cent gold bonds, principal payable Sept. 1, built up to a certain extent, although the bulk of the improvementa
1920; interest payable Sept. 1 and March 1. The American will be made to the main line between New Orleans and Chicago.
Trust & Savings Bank, Chicago, is mortgage trustee. An Where the St. Louis business^begins, at Carbondale, 56 miles north of
Cairo, there a double rack maybe added just as the business out of
advertisement says:
Jackson this way demands the same thing being done. Our aim will
This company is a conBOlidation of the St. Joseph & Benton Street be to improve the passenger service between 5) ew Orleans and St.
Ey. Co., the Benton Harbor & Eastern Springs Electric Ry. Co. and Louis and Chicago the beet we know how.— V. 72, p. 241, 44.
;
1
the Benton Harbor & 8t Joseph Electric-Light Co. It operates 10 ^a
miles of track under ordinances from the cities of St. Joseph and Benton Harbor and the township of Benton, which expire from 1921 to
1929. The company enjoys all the electric-llaht and street railway
privileges in St. Joseoh and Benton Harbor. These bonds were Issued
to retire a like number of 6 per cent bonds, which have been canceled.
After 1910 the company must pay into a sinking fund $10,000 per
annum, which sum may be need for the purchase at not more thau
par and accrued interest of bonds of this issue. The company has no
privilege of payment prior to maturity. Earnings are reported as follows: net profits year 1899, $21,888; net profits (8 months) 1900,
$22,882. The (5 impany is now earning at the rate of more than three
times its bond interest. —V.72, p. 88.
International & Great Northern RR.— Purchase Bill
Passed.— The Texas Legislature has passed the bill authorizing the purchase of the Waco Calvert & Brazos Valley RR.,
provided the road shall be extended northerly to Fort Worth
and southerly to Spring, near Houston (in all, it is said,
about 300 miles), by March 1, 1905.—V. 72, p. 184, 87.
Ironton & Kentucky Bridge Co.— Consolidation.— The
Ashland & Ironton Briage Co. and the Ironton & Kentucky
Bridge Co., it is reported, have agreed to consolidate under
Bridgeton & MillTllle Traction Qa.— Listed in Philadel- this title, with $1,200,000 of caoital stock, preparatory to
phia.—The $350,000 1st mortgage gold 5g, due 1930, guaran- building a bridge for railroad and other purposes across the
teed by the American Railways Company, have been listed. Ohio River at Ashland, Ky. A. C. Campbell, John S. Hager,
B. W. Stack of Aehland, Ky, and others are interested.
—V. 71, p. 491.
February
THE CHRONICLE.
9, 1901.]
Kansas City & Atlantic B,1i.—Forecloiure—Ai Kansas City
on Feb. 6 Judge Phillips, in the United States Circuit Court,
ordertd the forecloEure sale of this property.— V. 71, p. 8G3.
2bS
&
Guarantee Co., on its own responsibility,
Baltimore Trust
offered to purchase at par the unpaid coupons.— V. 70, p.
1095.
National Ry. of Tehuantepec (Mexico).— O^ctai StateKansas City Ft. Scott & MempliisRR.— Dividend on ComSir Weedman Pearson, in a letter to the "London
merit.—
a
dividend
declared
has
of
4
per cent
mon. — The company
upon the common etock payable Feb. 15 to stock of record Times" recently, said:
While the Nicaragua Canal proposal Is still in embryo, we are withFeb. 6. This is the first dividend on that stock since 1891.
measurable distance of the completion of a clieap and practical
Earnivgs.—The earnings for the year ending Dec. 31 were: in
pathway for the commerce between the Atlantic and the Pacifle
Otn. income.
Net.
Oross.
Tear.
$2,184,837
1,655,549
Bal.,8ur-
Ofiargen.
$891,184
19,513
1.437,379
237,683
5,33»,760
From the above have been declared dividends on preferred
stock (8 per cent) calling for §219,984, and 4 per cent on common (|3&.').920), mentioned above, leaving a net balance for
1900 of 175,280.— V. 73, p. 137.
1900
1899
$6,IV!3,404
ig27,02H
if:l..'iiiO,681
Lake Street Elevated "RVi.— Purchase Authorized— Bonds.
—The
shareholders on Jan. 28 authorized the purchase of
the Chicago & Harlem Ry., the consideration being .$1,275,OCO first mortgage 5 per cent Luke Street Elevated bonds
guaranteed by the Union Elevated
Co. The directors
were also authorized to issue an additional $800,000 first
mortgage bonds for the irarchaee of a pov^^er house, the conBtruction of which is to be begun in the spring. The Chicago & Harlem has outstanding |218,C00 of 5 per cent bonde;
these, it is said, are to be retired, and until such retirement
a like amount of Lake Street bonds la to be held in the treasury out of the purchase price of §1,275,000. The "Chicago
Inter-Ocean" says
The original isBue of first mortgage Lake Street L bonds was $7,474,(00. These were scaled to eO per cent, leaving $4,484,400 outstanding. In accordance with the reorganization plan. Th^re have
since been Issued, however $101,000 and another $1,275,000, making
OUtBtandlng a total of $5,860,400. In response to InquirieR, Mr
Yerkes aniionnced that the floating indebtedness of about $fiOO. 000
wouldbedisohurged with the bonds already issued.— V. 72, p. 184, 137_
RR
Lonisville & Nashville HVi.—Earnings.— T\xq actual results for the six months ending Dec. 31 were:
Oross.
Net.
6 mos.
0th. inc.
Charges.
Balance.
19(0
$14,335,415 $5,195,267 $367,267 $3,230,918 $2,331,616
1899
14,127.419
4,923,289
i64,622
2.107,202
3,080,709
Deducting dividend of
per cent, $l,320,0(i0 in 1900,
against 2 per cent, $1,056,000, in 1899, leaves surplus for the
half-yearof 11,011,616, against $1,151,202 in 1899.—V. 72, p.
2%
87.
oceans.
By a
ment and my
contract recently enterfd into
firm,
we have become
l)y tlie
Mexican Govern-
lepseeh for a period of fifty years
of the Tehuariteiiec National Ry.. from Coatzacoalcos. on the Mexican
Gulf, to Sallna Cruz, on the Pacific Coast. This railway, which la
about 190 miles in length and crosses Mexico at its tarrowesi point,
was built some years t-ince by the Mexican Government, but was
without terminal facilities for shipping. Harbors are now in courHS
of construction which will Kive ancliorage to the largest vef^sels In
tlie merchant service; the quays and wharves will be fitted with the
most modern appliances for the loading and discharging of vessels;
the railway itself is bein« practically reconstructed to tit ir for heavy
irallic, and at an outlay of from two to three millions sterllnji, pro-
vided Dy the Mexican Government, and within a period of three to
four years the TehuaLtepec route will be in a position to carrj the
whole trade between the two oceans. Merchandise discharged atone
port will, witliin 24 hours, be alongside the\e8.sel at the other port,
at a cost not exceeding lOs. to 128. per ton, including aii harbor and
railway chargf 8. But It must not be forgotten that whilst this route
will BO largely reduce the mileage from Great Britain to the west
coastsof North and South America, and to China and Japan, yet the
advantage of such routes is in a more marked degree to the advantage of America.— V. 7i , p. 342.
New Orleans & Western RR. Modification of Plan. —
On Feb. 1, 1901, in accordance with the powers given to
the plan for reorganization dated Aug. 1, 1899, the reorganization committee adopted certain amendments and
changes in the said plan. Holders of bonds who have deposited
the same with the Colonial Trust Co. under the said plan, if
tbey so elect may withdraw the same on or before March 5,
1901, upon paying their respective shares of the expenses of
the reorganization committee, viz,: $15 20 for each fir&t
mortgage bond and $7 60 for each second mortgage bond.
V. 72, p. 184.
New York & North Shore B,U.—Advei'se Decision.—The
Court of Appeals has sustained the decision cf the lower
courts ordering the removal of the incline on Liberty Ave.,
Jamaica, which was built by the Long Island Electric Ry. to
connect its trolley tracks with those of the Kings County
Elevated Ry. at the Crescent Ave. station. V. 70, p. 1249.
—
—
New York & ({neens County Ry.— ^MarferZv.— Earnings
Manhattan Rj.— Judgment. The Court of Appeals on
Tuesday affirmed the judgment of the Appellate Division for the quarter and the six iLonths ending Dec. 31 were:
holding the company liable for damages to the Levin prop- 3 mos. ending
Oross
Net
Other
Interest,
Earnings. Earnings. Income.
Balance.
Dec. 31.
ta^es, etc.
erty at the northeast corner of Pearl and Wall streets. The
$102,414
$37,244
$42,571 def. $4,026
$1,301
amount to be paid, includicig interest, it is said, v?ill amount 1900
1899
100.280
38,195
1,566
32,650 sur. 7,101
to about $160,000.— V. 72, p. 184.
6 mos.
Massaclinsetts Electric Companies.— New Securities.— The
Hyde Park Electric Light Co., one of the controlled companies, has petitioned the MnssachusettsGas Commis-ion for
authority to issue $150,001) additional bonds and $75,000 addi
tional stock.
A hearing on the matter will be held on Feb.
14.— V. 72, p. 241, 137.
Metropolitan Street Ry. of
company has
New York.— Appeal— The
appeal and the appeal bond in
the action involving the legality of the Lexington Ave., etc.,
franchises.
•
filed its notice of
—V. 72,
p. 45.
Milwauliee Electric Ry. & Light Co.— Stock Offered.—
& Sons are offering at 115 and interest $3,680,-
Harvey Fisk
000 of the $4,500,000 of 6 per cent preferred stock dividends
payable quarterly, February, May, August, November.
Earnings,—The earnings of the Milwaukee Electric Ry. &
Light Co. only compare as follows:
;
Calendar
Year.
Gross
earnings.
Operating
exjienses.
1900
1899
1898
1897
1696
Net earn.
Taxes.
from
opcr.
$2,204,536
$1,129,787
$987,299
$87,451
1,«96,606
1.026,403
»87,7C6
82,497
1,78',461
943,225
777,878
63,358
l,6^8,e95
935,7H8
670,679
52,218
1,465,737
971,249
458.567
35,921
Annual interest on; outstanding bonds, $100,000; dividends
upon the $4,500,000 preferred stock at the rate of
per cent
per annum, $270,000.— V. 71,
p. 1320.
Milwaukee Light, Heat & Traction Co.— Purchase.— The
company on Jan. 30 formally purchased tbe property of the
South Milwaukee Electric Light Sc Power Co.— V, 70, p. 277.
Mississippi River Hamburg & Western Ry.—-So/d.— Control of this road, which extends from Luna to Hamburg,
Ark., 40 miles, has been purchased by or in the interest of
the St. L. I. M. & So.(Mi6eouri Pacific).
Benjamin Silverman, a stockholder, has filed application for a receiver on the
ground that all the stockholders were not consulted.
Missouri Pacific Ry.— Increased Income from Securities
Owned— tiee Texas & Pacific Ry.—V. 72, p. 87.
Mol)ile & Ohio RR. Mississippi Railroad Commission
Objects.— The Railroad Commission of Mississippi has voted
to call the attention of the Attorney- General of the State to
the purchase of this road by the Southern Pacific in violation,
as alleged, of the law prohibiting the purchase or lease of a
parallel or competing
road.— V.
72, p. 241.
1900
1899
$256,545
243,1^0
$12?,144
$2,719
2,990
115,201
— V. 71, p. 339.
$85,946 sur. $38,917
65,454 Bur. 52,737
—
Pennsylvania RR. Stock Increase Law. The Senate bill
authorizing corporations to increase their capital and indebtedness to any amount necessary to conduct their business was passed finally in the House Jan. 31.— V. 73, p. 242,
184.
1
—
Perkioraen RVi.— Stock Increased. The capital stock has
been increased from $37,500 to $1,500,0['0, and the new issue
($1,462,500) has been turned over to the Reading Company in
payment of a claim against the company of $(j93,979 and interest at 6 per cent. Practically the entire stock, it is understood, will be pledged by the Reading as part collateral for
its cew bond issue.
(See V. 71, p. 1013.)
(jaeen Anne's RR.— J5onds.— A press dispatch from Baltimore says that this company is preparing to issue $330,000 of
5 per cent prior lien bonds, $1,400,000 of consolidated mortgage bonds and $600,000 of 4 per cent income bonds. Interest, it is stated, will be paid on the consolidated mortgage at
the rate of 4 per cent for the first three years and 5 per cent
thereafter. Further particulars are furnished as follows:
The prior lien bonds are to be used for the purpose of making the
extensions to Love Fointand Centreville, Md., and the i>uicba8eof
new rolling stock and motive power, while $732,000 of the consolidated 4 per cents will be employed to retire an equal amount of 5 per
cent St mortgage bonds now outstanding. The remaind<r will be used
as required to retire the prior lien bonds and also to provide funds
when needed by the company for betterments.— V. 70, p. 532.
Beading Company. Dividend Increased. The company
on Wednesday declared a semi-annual dividend of 2 per cent
on itsfirstpreferredstock, thereby increasing the annual rate
from 3 per cent to 4 per cent. Tbe dividend is payable March
8 to stock of record Feb. 19. The directors also set aside for
the sinking fund $366,370, being five ceirts per ton on 7,327,419 tons of coal mined by the Coal & Iron Company during
the year 1900. Dividends on the first preferred were begirn
last spring.
The earnings for the halt-year ended Dec. 31,
1
—
1900, it is stated, were sufficient to make "these payments and
to add $222,255 to the surplus fund. The 2 per cent dividend
calls for §560,000.
New Bonds.— It is said that the new collateral trust 43 secured by Jersey Central stock will be offered to the public at;
921^ and interest.
The Qirard Trust Co. will be trustee
under the mortgage. V. 72, p. 243.
—
Rutland Rn.—E.vchange of SfocA;.— President Clement
Montevallo. Coal & Railway.— -Rccez'yer.-This property
announces that as permitted by recent acts of the Vermont
was recently placed by the Uaited States Court at Hunts- Legislature, the directors have determined to retire all the
ville, Ala., in the hands of Burgess Little as receiver, on the
common stock presented on or before Feb. 15 and to issue m
ground of mismanagement, etc.
place thereof one share of preferred stock for each t«n stares
Nashville Railway.— D^/atd^ -The semi-annual interest of common stock outstanding. The preferred stock, it is
on the 5 per cent consols due Feb. 1 was defaulted, but the stated, will stand on a parity with and enjoy all the rights
——
— —
——
:
and
privileges of the present preferred stock and it is reported
^ill carry the same accumulated dividends as does the
present preferred.—V. 72, p. 137, 88.
Madison & St. Lonis Belt RR. Co.— ReorganizaPlan.— The Whitaker Committee, in a circular dated
2, recommends the following plan
St. Clair
Issue a first inortKage to secure $800,000 4 per cent flfty-year
bonds, bearing date Jan. 1, 1901, interest payable July acd January,
which to take up the present first mortgage of $600,000. with all
arrears of interest, at $1,250 in new 4 per cent bonds for each $1,000
of old bonds, with all past-due coupons attached.
This will take
$750,000 of the proposed IsEue. leaTing $50,000 In bonds. The parties
who ov.n the judgment will take nearly the whole amount due them
in bonds at par. There will then be left in the treasury $30,0(J0 iu
bonds for future use as occasion may require. The committee believes
that the property can earn as a minimum operating expenses, taxes,
and the interest "charge on the new issue of bonds. In the year lyOO
the gross earnings were $70,894; operating expenses, extraordinary
expenses and taxes, $38,573; net earnings, $32,321,
•with
The west approach of the bridge has been rebuilt and the
east approach will be rebuilt immediately at a cost of say
$35,000 out of the §47,451 cash in the receiver's hands.
From the same source will be paid the reorganization,
etc., expenses, leaving, it is stated, no reason to expect at
—
present any further extraordinary expenditure. V. 72, p. 242.
St. Lonis & Belleville Traction Co.— Sold.— Seo Belleville
& St. Louis RR. Co. above.
St. Lonis & San Francisco RR. Dividend Increased.
The company has declared a semi-annual dividend of i]4
per cent on the second preferred stock payable March 1. In
1900 one per cent was paid in both March and September.
—
V.
72, p. 242.
St.
Lonis Transit Co.— Bonds.
—The
company,
it is stated,
recently closed a deal for the sale of one- half of the $5 000,000 bonds of the United Railways Co. which were reserve d for
improvements and for the purchase of the minority stock of
the St. Louis Railroad, and gave an option oa the remaining
The price in both cases, interest included, was 90.
half.
The company paid for the outstanding stock of the St. Louis
Railroad on January 31, and has deposited it with the St.
Louis Trust Co., as trustee, as additional security for the
payment of the bonds. The holders of this minority stock
in the St. Louis RR. Co. refused the terms first oflfered, and
in the present settlement, it is said, receive $150 a share.
V.
71, p. 1270.
Sclinylltili Traction RR. Co. New Mortgage and Extensions.— With reference to the company's plans the "Phila-
News Bureau says:
A new mortgage providing for
delphia
an authorized issue of $2,000,000
consolidated mortgage bonds will be created, under which $500,000
to retire the existing first mortgage bonds and $150,000 to retire the $150,000 first mortgage bonds of the leased Lakeside Railway Co. The remainder of the new issue will be used to construct 30
miles of new road, the rights of way for which have already been
secured; to acquire about 30 miles of existing road, and to equip and
practically rebuild the present road with steel rails. This will give a
total mileage of about 80 as compared with the present 29 miles, of
which 5^ miles represents the Lakeside Railway. The objective
points of the proposed extensions take in Pottsville and Tamaqua.
The purpose of the readjustment of the capital stock, by which the
holders surrender their common shares for 25 per cent in preferred,
it is stated, in to make the $250,000 preferred, the amount of this
issue, a dividend earner. The $1,000,000 common surrendered will be
turned over to the construction company. The floating debt has been
paid, mostly from earnings, it is stated.— V. 72, p. 242.
Sontliern Pacific Co.— Sale to Union Pacific.—See that
compatjy below. The report that the Central Pacific will be
separated from the Southern Pacific and allied with the
Union
Pacific is authoritatively denied.
Report. The annual report for the year ended June 30,
1900, is given on pages 237-296.— V. 72, p. 242, 184.
Southern Railway. New Secretary. Assistant Secretary
R. D. Lanbford has been elected Secretary to succeed J. F.
HilJ, who resigned several months ago to accept the responsible position of railroad expert with Lee, Higginson & Co.of
Boston.
Purchase The company, it is understood, has purchased a
majority interest, including about 3,000 shares, of the stock
of the Augusta Southern Ry. at§40ashare.— V. 72, p. 242, 138.
Texas & Pacific Ry. Increase of Interest on Second Mortgage,— The company has declared an annual distribution of
4 per cent on the second mortgage bonds, payable March 1,
against IJ^ per cent a year ago.
The Missouri Pacific
holds all except $905,000 of the $23,204,000 second mortgage
bonds, and will therefore receive from this source in 1901
$892,000, as against $330,000 a year ago.
Cation—The company, it is stated, recently secured an
option on the Texarkana Shreveport
Natchez, which ex
tends from Texarkana, Ark,, to Shreveport, La., 72 miles,
and is projected to Natchez, Miss., about 200 miles in all.
—
—
—
&
V.
—
THE CHRONICLE.
284
tion
Jan.
———
72, p. 88.
Toledo & Olilo Central Ry.— Bonds Authorized.— The
shareholders on Thursday approved the proposed issue of
first mortgage branch and income bonds for the purchase of
the Columbus Northwestern RR., Peoria to St. Mary's, O.,
65 miles.— V. 72, p. 243.
Toledo St. Louis & Kansas City B,R.—Receiver Discharged.— Receiver Hunt haa been discharged. The property is now owned by the Toledo St. Louis & Western Ry.—
V. 71, p. 751.
Union Pacific 'RU.— New Bonds.— It is officially announced
thatKuhn, Loeb & Co. have underwritten an issue of $40,000,000 four per cent first mortgage and collateral trust 10year gold bonds, convertible at the option of the holder at
any time before May 1, 1906, into common stock at par, and
[Vol. LXXII.
redeemable after that date by the railroad company at 102i^.
The bonds will be offered to the stockholders for subscription at par at the rate of one bond for every 50 shares of
stock held. The issue is made to provide funds to pay for
Southern Pacific stock acquired.
The new bonds are to be issued in $1,000 pieces, dated May
1, 1901, and due May 1, 1911, interest payable May 1 and
Nov. 1. They will form part of a total authorized issue of
$100,000,000, bearing interest at a rate not exceeding 4 per
cent and not less than 3 per cent per annum. They will be
secured by practically all the collateral now in the company's treasury, as well as by first mortgage upon about
1,300 miles of railroad forming part of U. P. RR. Co.'s present system which is not now mortgaged.
Southern Pacific Co. The Union Pacific RR. Co. has
acquired of the stock of the Southern Pacific between 70 and
80 millions, a strong working control, the total issue being
$197,833,148.
The stock so acquired does not form part of
the collateral for the above-mentioned bonds, which are
abundantly secured, it is said, without it. V. 72, p, 243, 184.
United Power & Transportation.— -Report— For the fiscal
year ending Dec. 31 earnings were
Income from securities
—
—
:
held, $594,625; expenses, $8,582; taxes, |3,0S2; interest on
trust certificates, §371,128; dividends (10 per cent on amounts
paid in), $207,500; balance surplus for year, $15,997; previous
surplus, $145,630, making total surplus to credit of profit and
loss account Jan. 1, 1901, $161,627.—V. 71, p. 1312.
United Traction Co. of Albany.— Earmngs.— The earnings for the year beginning Jan. 1, 1900, when the operations
of the consolidated company began, to Dae. 31, 1900, were:
Ttar.
OlJi.inc. Charges.
Gross.
Net.
1900. $1,350,274 $453,345 $5,529 $237,6iJ5
-V. 72, p. 138.
Dividends.
(S^i)
Surplus.
$169,375 $51,804
—
York Soathern Ry. Consolidation
Approved. The
shareholders on Feb. 2 ratified the proposed consolidation
with the Baltimore
Lehigh Ry. The latter will vote on
the matter on Feb. 18. In what interest the union is being
made is not made public. V. 72, p. 185.
&
—
INDUSTRIAL, GAS AND MISCELLANEOUS.
—
American Bicycle Co. Change in Controlled Company.
See Automobile & Cycle Parts Co. below.— V. 72, p. 185.
American Cereal Co. Injunction Made Permanent.— The
injunction obtained two years ago by Mrs. Nellie L. Hower,
a stockholder, against the consolidation then proposed by
this and other cereal companies has been made permanent.
V. 71, p. 810.
American Cigar Co. Acquisition,— A press dispatch from
Louisville says this company has absorbed the Hummel- Vogt
Co., emplojing 235 men. Negotiations have also been reported for the acquisition of the Havana-Commercial Co,
(See V. 69, p. 428, 473, 926), presumably in the Interests of
the American Cigar Co.— V. 72, p. 185.
American Saddle Co.— See Automobile & Cycle Parts Co.
below.—V. 68, p. 569.
American Steel & Wire Co —Negotiations.— See Carnegie
Co. below.—V. 72, p. 240, 243,
American Strawboard Co.— Report.—The annual report
submitted at the annual meeting on Thursday, it; is stated,shows: Mill profits, $379,959; profit on manufactured goods
and investments, $101,066; total gross receipts, $481,035; general expenses and interest, $188,500; total net profits, $292,525, being a little less than 5 per cent on the stock, as against
4 per cent earned in 1899. The bonded indebtedness has been
largely reduced.— V. 71, p. 1069.
Apsley Rubber Co. of Hudson, Mass.—S^ocfc.- This company has decided to increase its capital from $200,000 to $450,The present output of the company's factory is now
000.
8,000 to 10,000 pairs of rubber shoes per day, and it is hoped
to increase this. In V. 71, p. 37, was given a list of the leading independent rubber companies, since which the Hood Co.
(V. 71, p. 1070) and the By field Co. have issued additional
capital stock. L. D. Apsley is President and Treasurer of the
Apsley Co.
Atlantic Telephone Co.— /ncorporafed.— This company
has incorporated at Albany on Jan. 23 with $5,000,000 of
authorized capital stock to furnish telephone, telegraph,
telautograph, meseeger call and stock quotation service in
and about New York, Albany, Syracuse, Rochester, Buffalo,
and to other points in the United States and the Dominion of
,
Canada or elsewhere.
Directors
:
Willism H. Stayton of Yonkers, J. A. L. Oampbel, O. B. Reed, A. B.
Lafar and .1. Q. Shaw of New York City, George H. Mann of Brooklya
and W. L. Sawyer of Nyack.
Automobile & Cycle Parts Co.— Consolidation.—The American Saddle Co., whose stock was all owned by the American Bicycle Co., has changed its name to the "Automobile
Cycle Parts Co.," and has increased its capital stock
from $1,800,000 to $5,000,000, all common, in order to purchase from the American Bicycle Co. the following properties:
Saddle factory at Elyria, Ohio, formerly owned by the Garford
Manufacturing Co.; saddle factory at Westboro, Mass., formerly
owned by the Hunt Manufacturing Co.; steel stamping factory at
Milwaukee, Wis., formerly owned by C. J. Smith & Sons; steel stamping factory at Chicago, formerly owned by the George L. Thompson
Co.; chain fflctory at Indianapolis, Ind., formerly owned by the
Indianapolis Chain & Stamping Co.; Ball Company at Cleveland, formerly owned by the Cleveland Machine Screw Co.; pedal factory at
Cleveland, C, formerly owned by the White Sewing Machine Co., and
sheet steel factory at Chicago, formerly owned by Hart «fe Oooley.
&
February
No bonds
THE CHRONICLE
9, 1901.
are ontstanding.
The
officers
and directors
are:
Ollioers: Preeldent, A. L. Garford, Elyrla, Ohio; Vice-President,
M. B. JohtiflOD, Cleveland, O.; Treasurer, F. N. Smith, Elyrla, O.; Secretary, F. E. Lytle, C eveland, O.
Uiiectore: A. L. Garford of the Garford Manufacturlne Co., J. D.
Olimo of the Cleveland Machine Screw Co., Windsor T. White of the
White Sewlnjc Machine Co., M. B. Johnson of Cleveland; E. H.
Bourne, Cashier of the Union National Bank of Cleveland; J. 0. Hill,
President of the Savings Deposit Bank of Elyrla.— V. 68, p. 569.
Bay State Gas Go.— Receivership Denied.— J adf^e Kirkpatrick, in the United States Conrt at Trenton, N. J., on
Feb. 7, declined to make permanent the appointment of
Henry C. Kelsey as receiver. The application for the receivership was made by Patrick T. Brady of Nesv York,
holder ot $10,000 stock.— V. 73, p. 243, 138.
Boston Electric Light Co.—New President— Vice-President E. B. Maltby has been elected President and Director, I.
T. Barr Vice-President.— V. 73, p. 185, 89.
Ballock Electric Manufacturing Co. of Cincinnati.—
/&^ocfc.— An increase of the capital stock from $l,003,§00 to
$2,000,000 has been decided upon to provide for additions. Of
new
the
stock only $500,000 will be issued at present.
company has no bonded debt,
Carnegie Company. — Negotiations Pending.
The
— Negotia-
have been in progress the past week, looking to the
placing of certain of the leading steel and iron properties of
These
the country in a position for harmonious action.
negotiations have been variously reported as aiming at a
gigantic consolidation on the one hand and at the eBtablishment of a powerful community of interests on the other.
Mr. Carnegie has agreed, it is believed, to sell his stock in
the Carnegie Company in case the deal is consummated. He
holds $86,379,000 of the $160,000,000 issue. J. P. Morgan &
Co. are connected with the negotiations. As is well known,
they financed the National Tube Co.Jand the American Bridge
Co. and are interested in the Federal Steel Co.
The following statement was given out yesterday at the
office of the Federal Steel Co.
Co. are undoubtedly considering plans
"J. P. Morgan
for the acquisition of the properties of some of the largest
iron and steel companies of this country. It is probable
there will be such ownership or control as to secure perfect
and permanent harmony in the larger lines of this industry.
It is not intended, however, to create any monopoly or trust,
or in any way antagonize any principle or policy of the law.
The minority stockholders will be fully protected. The success of the enterprise will result in great benefit to the investor in securities, the consumers and the workingmen or
employes. Little, if any, new cash will be required, and
therefore the present financial condition will not be distions
&
turbed."— V.
Citizens'
72, p. 243, 185.
Water
Co. of
Newtown,
L.
Common
285
sloch (all to receive the
made
—
for the followlns, viz.:
(a)
{b)
The $10,000,000 stock of the New Jersey Zinc Co.
The stock of the General Chemical Co
6,000.000
2,000,000
offered to shareholderH of exlHtlntf companies,
but not exceeding 10 per cent ssessment to be called
in any one year except with consent of a majority
16,000,000
of such outstanding assessable stock
Preferred slock, 6 per cent cumulative, with preference
as to principal as well as dividends and subject to call
at par after ten years at not exceeding $1,000,000
at a time
$15,000,000
Of which to be issued as part consideration for
Zinc
Jersey
Co
of
New
10,000,000
Stock
(a)
5,000,000
(6) Stock of General Chemical Co
To be
Dehenlurei, 5 per cent 100-year bonds, with sinking
fund of 1 per cent (but not less than $250,000 yearly,
to be used for the purchase of new property or improvements), or after 10 years for the payment of bonds
called and paid off at 105. if not purchasable for less;
such bonds to be secured by any future mortgage on
the property
$25,000,000
Of which as part consideration for—
16,666,667
(a) Stock of New Jersev Zinc Co
8,333,333
(6) Stock ot General Chemical Co
Holders of the preferred stock of the General Chemical
Co. are to receive 100 per cent in new debentures and 16^
per cent in preferred stock of the new company, and the
holders of the common, the balance of the preferred and
paid-up common stock of the new company set aside for the
stock of the General Chemical Co., or about 50 per cent in
new preferred and 25 per cent in full-paid common; the
common stockholders will also be permitted to subscribe for
$4,000,000 of the assessable common shares to the amount of
about 50 per cent of their|holdings. The New Jersey
Zinc Co. has outstanding $1,180,000 of 5 per cent gold bonds
(see V. 64, p. 424,) and is paying dividends, 10 per cent being
paid last year and a dividend of 4 per cent having been distributed this month. The annual report of the General
Chemical Co. is given on page 281.— V. 70, p. 278.
Gilchrist Transportation Co. of Cleveland, 0. Steamships PurcJiised. Press reports state that J, C. Gilchrist of
Cleveland has purchased four steamers and one schooner for
$375,000 from the Wilson Transit Co. also one steamer from
Captain Boutelle for $70,000. Contracts for the construction
of six 5,000-ton steel steamers were placed with the American
Shipbuilding Co. by Mr. Gilchrist several months ago, the
total cost to be about $1,250,000.
—
;
Globe-Wernicke Co. of Cincinnati.— iVew Stock.— Ihia
recently increased its capital stock from 1500,000
to $2,510,000, of which $1,000,000 is cumulative 6 per cent
preferred. Of the preferred stock $150,000 is offered in exchange for the $150,000 of 5 per cent bonds, $ for $. A Cin-
company
I.— New Mortgage.— cinnati paper says
A second mortgage for $1,000,000 has been
same rate of dividend
on the par value, whether full paid or assessable)
$24,000,000
Of which to be issued full paid as part conBlderatiun
:
to the Colonial Trust Co., trustee, to secure 4 per cent 20-year gold
bonds of $1,000 each, to be issued, it is stated, to pay for land
acquired and to be acquired and pumping stations to be built
fn Newtown, Jamaica and Flushing. The authorized capital
stock is $500,000 issued, $398,500. The Nassau Trust Co. is
other debts
trustee under a first mortgage for $150,000
at date of last annual statement ^did not exceed $75,000.
This increase of capital was decided upon becaase of the large
growth of the company's business of manufacturing elastic book cases.
tiling cabinets and the like. The company has not only largely added
to the West End factory on Eighth St. during the past year or two, bat
it has built and Is now operating the large new plant at Norwood.
Both of these, however, are overcrowded. All of the common stock
has been taken by the old stockholders of the company, and also part
of the preferred. There will be $300,000 of the preferred ofi'ered on
the market, that being all that will be open for purchase at present.
Directors
O. Q. Meyer, C. M. Meyer, Cord Meyer, J. Henry Difk, John E.
Borne. O. W. Sierok, David Springsteen and Bernard Suydam.
Denver Union Water Co. Citij Bond Issue Illegal. Judge
Kiner in the United States District Court at Denver on Feb.
4 decided that the $4,700,0C0 bond issue voted by the city
two J ears ago was illegal. The proceeds of the bonds were
to be used in buying this property or in constructing a new
Hartford Carpet Co.— Consolidation.— President R. P.
Perkins of the E. S. Higgins Carpet Co. is quoted as follows
regarding the plans of the consolidated company
The new company will make every kind of carpeting manafaotured in this country or Europe, Including Wiltons, Brussels, Axminsters, velvets, tapestries, ingrains, art squares, etc. The buildings now occupied by the Hartford Carpet Co. at ThompsonvlUe,
Conn., will not be used by the company. Ic will build new and larger
n ills, with the latest Improvements in carpet-making mechanism.
The transfer of the manufacturing department of the E. 8. Higgins
Carpet Co. from New York to ThompsonvlUe will be made as soon as
the ground is prepared for it there. We expect to have all in opera-
;
;
—
plant.— V.
71, p. 1169.
Diamond Matcli Co,— Report.— For
the year ending Dec.
31 earnings were:
Net
Previous DepreeiStir, end
Year— Earnings.
Dividends.
surplus. a(ion,<£c.
of year.
1900
$2,014,838 (10%> $1,475,000 $820,017 $259,855 $1,100,000
1899
1.613,767
500.000
820,017
(10%)1,193,750
-V.
71. p. 965.
America.- iVew Directors.— On Thursday Alvin W, Krech, Vice-President of the Mercantile Trust
Co. of this city, and William F. Harrity, President of the
Equitable Trust Co. of Philadelphia, were elected directors,
Distilling Co. of
as representatives of the financial interests which recently
supplied the company with additional working capital. S.
M. Rice also tendered his resignation as President. The new
executive committee consists of the following:
Alvln W. Krech, William F. Harrity, S. M. Rice, Edson Bradley and
R. A. C. Smith.-V. 72, p. 186, 90.
Erie Telegraph & Telephone Co.— Oncers,— The follow
ing officers have been elected
Philip Dexter. Vice-President; Geo. B. Perham. Secretary; Walter
Abbott, Treasurer; Ernest L. Carr, Assistant Treasurer; Ohas. A.
Grant. Auditor. Executive Committee. Philip Dexter, Chairman;
^m. Endlcott Jr., Reginald Foster and Francis R. Hart, all of Boston,
and Henry R. Wilson of New York.— V. 72, p. 244, 186.
Federal Steel Co.—Negotiations.— See Carnegie Co. above.
—V.
73, p. 139.
General Chemical Co.— Consolidation.— A plan has been
formulated by a committee consisting of William H. Nichols,
Sanford H. Steele and Charles Robinson Smith for the General Chemical Co., and of Stephen S. Palmer, August Heckscher and William P. Hardenberg for the New Jersey Zinc
Co, for the consolidation of the two companies into a new
corporation which shall be authorized to issue:
,
:
tion there early in the spring.— V. 72, p. 139.
Havana Commercial Co.— 0/ie-Feorr iVbfes.-The floating
debt of about §1,500,000, which caused the suspension of
dividends last June, has been taken up by a syndicate of
stockholders, who received on account of the same one-year
notes due in December, 1901. It is hoped that by deferring
dividends for an additional year and a half most of the
notes can be provided for from earnings. See American
Cigar Co. above.— V. 71, p. 1122.
Hornellsville (N. Y.) Water Co.— Offer to Sell.— The comto sell its works to the city for $806,000.
New works, it is claimed, can be bnilt^for about $300,000, including a filtration plant.
pany has offered
—
New
Indiana Water Co. of
Albany.— PHrc/iase. The interests controlling this new company have purchased a majority of the capital stock of the
Albany Water Co.,
which see below. The lodiana Water Co. was incorporated
in Oct., 1899, with $200,000 authorized capital stock, the di-
New
rectors being
Charles H. Stoll of New York, T. Lindsay Fitch. R. W. Bingham and
John TevlB of Louisville, and Charles D. Kelso of New Albany.
Marsden Company.— i?t'/)3r^— The annual report presented
at the annual meeting supplies the following information:
The companv has now three large factories in sucoessfnl operation,
namely at Peoria. Linden and Owensboro, and has nearly completed »
large factory at West Point. Va. The gross sales of cellulose and feed
during the year aggregated $59,769; operating expenses. $34,552^
general expenses, $39.9j6. Preferred stock authorized. $15,000,000:
Issued and subscribed, $1,530,000; common stock, $3 ^000.000, of
which$1.217,800 still at disposal of directors. The resources Include
cash, $20,611; biUs reoeivabfe, $89,769; loans to Intematlonal Smoke-
—
—
THE CHRONICLE.
288
Powder Co.. $1,010,000; cellulose, cornstalks ana supplies, $173.Tho company lias as^reed to take $100.0 iO preferred stock of
the Smokplesa Powder C". lo part pavmenl for advances, and, to pro-
lea?*
769.
vide additional funds for the extension of the business, has recently
negotiated a loan for one year for the sum of $^00,000. pledging a
part of the Powder stock owned as oillateral.— V. 71, p. 1123.
Narragansett Eleetrlc Ligrftting Co.-New Securities.— At
the annnal mee'lng on Jan. 23 "it was voted to isstie deben
ture certificates for 20,000 shares of the capital stock at $50 a
share, to be Fubscribed and paid for as follows:
Every stockholder or holder of debenture certificates of record Feb.
9, 1901, will be entitled to subscribe [between Feb. 5 and 3 p. m. Feb
2.^] for one share of new stick for every two shares of his present
holdings, subscriptions to be paid 50 per cent March 1,25 per cent
These debenture certlticates will be reMay and 25 per cent July
deemable by the company by the issue of its capital stock on or before
April 1, 1905. The board of directors has the right to redeem the same
In whole or in part at any time before maturity.— V. 67, p. 789.
National Asphalt Co.—Explanation.— Referuug to the
acquisitions reported last week, a director of the Asphalt
Co. of America says:
The Utloa Paving Co. and tlie Warren-Scharfe Asphalt Paving Co.
1
1 .
I
organization. We are
simply closing out the local plants, as the business Is now conducted
by the general organization. The Utica plant is the T)roperty we
originally bought from the WamerQuinlan people of Byraouee, N. Y.,
who are responsible lor the Venezuelan controversy.—V. 72, p. 244,
143.
National Fire Prooiln^ Co.-See page 296.
went Into our consolidation the
first
year of
[Vol. LXXII.
stock of $1,000,000.
President, J. Wallace Page; First
Vice- President, Austin Clement; Second Vice President and
Manager, Charles M. Lamb; Secretary, A. B. Cody; Assistant Secretary and Treasurer, L. B. Robertson. The company owns a rod and wire mill at Monessen, Pa., and a plant
at Adrian.— V. 71, p. 290.
Pliiladelphia Electric Co.— Earningi of Proprietary Company.— At the annual meeting of the Pennsylvania Manufacturing Light & Power Co. on Monday a profit and loss
statement was given out showing: Total net income from
operations for the year ended Dec. 31, 1900, $1,178,903
[against 11,121,650 in 1899]; interest on $11,265,410 Philadelphia Electric gold 5s and $2,000,OCO Edison Ss, |663 270;
balance to credit of profit and loss of $515,633. The net
income of the National Electric Co. {the other controlled
corporation) was estimated for the year ended June 30, 190O,
as about $218,000 additional.
Interest on the 113,050,000
of Philadelphia Electric Trust 48 calls for $522,000— V. 71,
p. 893,
its
Pressed Steel Car Co.— iVbfes—It i% generally believed the
is arranging to obtain additional working capital
through an issue of about $5,000,000 of 5 per cent gold notes
to run from one to ten years, and to be paid $509,000 annually.— V, 72, p. 187.
Rogers Locomotive Works Co.— Beceiwr.— Vice-ChancelNational Salt Co.— Text of Certificates —The wording lor
Emery on Feb. 4 appointed John C. Pennington and Col.
of the 11,250,000 seven per cent preferred and $1,250,000 ten
William
Barbour receivers of the company. V. 72, p. 91.
of
the
certifiand
also
per cent common trust certificates
cate of indebtedness for the amount of the dividends due
Shelby Steel Tube Co.—Dividend Again Passed.—The
thereon to and including July 1, 1904, is as follows
board has again omitted the declaration of a quarterly diviTBtJST CERTIFICATES (SAME FOKM FOB BOTH COJIMON AND PREFERRED.) dend on the preferred stock, on account of the acquisition of
machinery for the manufacture of heavier tubing. A director
Shares Common.
Shares Preferred.
NATIONAL SALT COMPANY.
says: "We are now turning out the heavy product, and will
Incorporated Under the Laws of the State op New Jersey.
steadily increase our output. The dividend is cumulative
The American Trust Co. of Cleveland, Ohio, certifies that there have been and it will not take long to catch up when once we get
shares of *100 each of the preferred
deposited with it certidcates for
shares of $100 each of the common stock of the National started."—V. 71, p. 1074.
Btocl£ and
or his assigns,
Sfllt Co.. a New .Jersey corporatinn, and that
will be entitled to receive the said certificates upon performance by said
(John P.) Squire & Co. (Packing.)— SaZe Feb 18.—The
National Salt Co. <>l an atjreement entered into by It with certain stockholders
of the United Salt Co. bearing date July 2o, 1899, a copy of which is on file company's property, the property of F. O. Squire, will be sold
with the undersigned, but in no event later than .Ian. 1, 1905. upon surrender at auction in Boston on Feb. 18.
The upset price is $1,100,of this certiflcate properly endorsed for cancellation. Penning the delivery
of such shares of stock and surrender and cancellation of this certificate, the 000 for the packing house, etc., including all merchandise,
American Trust Co. will pay over to the said JNational Salt Co., or otherwise as products, horses, implements and other personal property,
provided in said agreement, any and all dividends received by it upon said
shares of stock, and will also vote or cause said shares to be voted at any except cash, accounts receivable, claims and choses in ac-
company
—
:
.
Co., in accordance with a written request o1 the
This certificate is transferable only upon the boojja of said
in person or bv attorney and. upon surrender of this certifl-
meeting of said National Salt
gald
trust
.
company
THK AMERICAN
cate.
TtiUST COMPANY.
By F. F. Sanford, A.
Dated Cleveland, Ohio. May 1, 1»00.
Certificate of Indebtedness.
Sec'y.
Jersey Citt, N J.. Mav 10, 1900.
National Palt Company (of New Jersey) hereby agrees to pav at the office of
order,
Ohio,
Cleveland,
to
Co.,
, or
the American Trust
dollars, in nine equal semi-annual instalments, beginning July 1, 1800. The failure to pay any instalment when due shall make
Until such default
all future instalments bec'ime at once due and payable.
shall have occurred the National Salt Co. may at any time cause its liability
under this instrument to be discharged by paying the amount of all future
Instalments hereby secured to'f he American Trust Co. of Cleveland, Ohio, in
trust to pay the same to the registered bolder hereof upon demand.
Said National Salt Co. has agreed that no contract for the purchase of
exhaust steam entered into by tue United Salt Co. prior to Oct. 1, 1899, and
that no improvements erected or to be erected by the United Salt Co. for
utilizing said steam In tbe manufacture of salt, shall be mort:iaged, encumbered r in any manner disposed of until this obligation is paid or discharged,
and that until such time no money borrowed or advanced by the National Salt
Co. for extending, improving or operating any prouerty of the United Salt Co.
shall be made a charge.'upon or lien against the property or assets of the
United Salt Co. And until such payment or discharge shall be made said
National Salt Co. has further agreed that the United Salt Co. shall not ot!>erwlsethan by licenses sell or dispose of any interest in any patented process
for the manufacture of salt now owned by the United Salt Co. or for which
It shall have applied for letters patent prior to Nov. 15, 1899, and that upon all
licenses issued by said salt company there shall be paid to it a royalty of at least
25 cents per ton. settlement for which s' aU be made quartirly. To jointly
and ratably secure ttie payment of this obligation ana others of like tenor and
also the performance of the foregoing agreements, said Nationai;Salt !Co. has
indorsed in blank and deposited with the American Trust Co. of Cleveland,
Ohio, as trustee, all stock of the United Salt Co. acquired by it under an option
given by certain stockholders of said company, bearing date July 20, 1899.
The terms upon which said stock has been deposited are set forth in a declaration of trust executed by said National Salt Co. dated Oct. 2, lti99, and flled at
the office of said trust compaoy.
Ifpon surrender and cancellation of this obligation the National Salt Co.
win from time to time, ui,on demand, issue new agreements of like tenor for
euch amounts as the holder may desire, not exceeding, however, in tne aggregate the amount then remaining unpaid hereon.
This instrument shall not be valid until countersigned and registered by the
NATIONAL SALT CO by A. S. White, President.
said trust company.
Attest: JOHN ALVIN YOUNG, Secretarv.
Countersigned and Registered,
THE AMERICAN TRUST CO.,
By F. F. Sanford, A. Sec'y.
(National Salt Company Seal.)
$
tion; also $130,000 for two pieces of real estate in Cambridge
and Somerville near the packing house.— V. 71, p. 1273.
Standard Oil Co.— Dividend.— The company has declared
a dividend of 20 per cent, payable March 15 to stockholders
of record Feb. 15. This is the same amount paid last March.
In June, 1900, only 10 per cent was distributed; in September,
8 and in December, 10, making 48 per cent for the year, as
against 30 to 33 per cent from 1896 to 1899, and 12 per cent
1891 to 1895.— V. 72, p. 187.
Suburban Electric Co. of Elizabeth, N. S.— Called Bonds
—All the first mortgage bonds dated March 1, 1896, have
been called and will be paid, at the rate of 102 per cent and
interest, at the Guaranty Trust Co., on March 1, 1901.
This
<
,
—V.
72, p. 186.
National
Tube
Co. -Negotiations.
above.— V. 72, p. 91.
National Wire Corporation of
—See
Carnegie Co.
is
one of the properties included in the United Electric Co. of
New
Jersey,
which
see below.
United Electric Co. of New Jersey.— Conso/idafed.—The
consolidation under this title, which was delayed by
the opposition of a few minority stockholders, has been
The united company, it is understood, now
property of the following corporations:
Jersey City Electric Llight Co., Newark Electric Light & Power Co.,
Central Power Co., Newark-Schuyler Electric Co., Essex County Electric Co., Montclalr Light & Power Co., Excelsior Electric Co., Kearny
Electric Light & Power Co., Hudson County Electric Co., People's
Light, Heat & Power Co.. Consumers' Electric Light & Power Co.,
Power
Suburban Electric Light & Power Co., Edison Electric Light
Co., Hudson Electric Light Co.. North Hudson Light, Heat & Power
Co., Suburban Electric Co., Union County Electric Co., ElizabethSchuyler Electric Co.. Consumers' Light, Heat & Power Co., Morris
County Electric Co., Thomson-Houston Electric Co.
See further facts in V. 68, p 620, 476, also Suburban Electric Co. above.— V. 71, p. 1273.
United Oil Co. of Colorado.-Ca/Zed Bonds— Thirty first
mortgage bonds have been called for payment March 1 at
the Cencral Trust Co., New York.—V. 70, p. 284.
finally effected.
owns in fee the
<fe
United States Rubber Co. Prices Again Reduced.— The
New Haren.—The company's plant, with the exception of the wire nail department, company has sent out a circular to the trade announcing a
was destroyed by fire on Feb. 3. The loss was largely cov- further cut of 18 per cent in the prices of its manufactured
goods, making a total reduction of 23 per cent since the first
ered by insurance.— V". 71, p. 139.
of the year.— V. 72, p. 92, 46.
New Jersey Zinc Co.— Consolidation Plan,— See General
Tirginia Iron Coal & Coke Co.— Receiver. The United
Chemical Co. above.— V. 72, p. 91.
States Circuit Court at Harrisburg, Va., has appointed CorNiles-Bemeut-Pond Co.— Second Semi- Annual Dividend nelius Shields of Bristol and Henry K. McHarg of New York
on Common Stock, The company has declared a semi-an- receivers for the company. The interest due on the bonds
nual dividend of 3 per cent on its common stock, payable in March 1, it is understood, will not be paid.
two quarterly instalments in March and June.
Railroad Bonds.— The $1,OCO,000 5 per cent bonds of the
Vice-President, Thos. T. Gaff has been elected a ViceVirginia & Southwestern Ry. (one of the constituent compaPresident to succeed F. B. Niles, resigned.—V. 72, p. 143.
nies), we are informed, have been pledged as collateral for a
North Jersey Gas Co. of Paterson.—Franc/ifse,- The or- loan of about the same amount. V. 71, p. 506.
dinance granting the company a franchise wa9 passed over
Watervliet (N. T.) Hydraulic Co. Condemnation Prothe Mayor's veto by the Board of Aldermen on Feb. 3. At- ceedings. The City of Watervliet is striving to obtain postorney-General @rey, however, at the instance of the Pater- session of the property by condemnation proceedings. Judge
son & Passaic Gas & Electric Co, has begun quo warranto Herrick in Special Term on Jan. 29 gave the attornej's two
proceedings calling in question the legality of the North Jer- weeks in which to file briefs.— V.
71, p. 506.
sey Company's corporate existence, V. 72, p. 187.
Woonsocket (R.I.) Electric Machine & Power Co.— Bonds
Page Woven Wire Fence Co. of Adrian, Mich.— Reorgan- Sold.— The company has sold $200,000 of 4J^ per cent 30-year
ized.
This property is being reorganized with a capital gold " funding " bonds to C. D. Phelps & Co. of Boston.
—
—
—
—
—
—
—
i
Febbuary
(]HK0NI(;LK
itiLE
9. 19G1.]
'^jefr0rt$ auxl
287
^ocnmznts.
SOUTHERN PACIFIC COMPANY.
SIXTEENTH ANNUAL REPORT, FOR THE YEAR ENDING JUNE
30,
1900.
New
York, November 1, 190O.
the Stockholders:
The Board of Directors submit herewith their report of earnings and expenses, together with statements of tte a&sets
and liabilities, of the Southern Pacific Company and Proprietary Companies for the fiscal year which ended June 30, 1900.
To
PROPERTIES AND MILEAGE.
Southern Pacific System June
lines constituting the
The transportation
30, 1900,
Main
Divisiong,
Track.
I.—Mileage of lines belovgina tt Companies, the capital stock of which was principally
owned by the Southern Pacific Company:
(a)— Operated by the Southern Pacltlo Company under loaeesto It:
Morgan's Louisiana & Texas Railroad & Bteumshlp Line
Louisiana W<-fltern RR
Southern Pacitlo KR. of New Mexico
Southern PaolHo RR. of Arizona. ..
Southern PaoKlo RR. of California
South PaclUo Coast Ry
hirer
Sidings.
Ferries.
150-86
33-^6
3,175
5744
46-02.'
101-09(;
1,351^-300
8-517
11 923
€35-26
42-73
393 69
86-76
3-890
83-23
161-99
the lines:
32fl-170
100
27-66
•2,670-412
Ry
and
Ocean
Lines.
392-90<i
918-lPO
3-00
800
3-69
315
9-39'
52-(;70
26-50
19U-690,
3 If
3i»-050.
New York Texas & Mexican Ry
Carson & Colorado Ry
91-000
8-01
299620
22-25
16-130
231
111-20C
7,856-046
1646
Une^ belonging to Oompanici', the capital slock of which wan principally
Morgan's Louisiana <£ Texas Baiiroad dt Steamship Co. ,b\U which
were operated by Vompanics owning the linen:
Tlilcage of
owned by
the
Iberia & Vermilion RR
Direct Navigation Co
Gulf Western Texas & Pacific Ry
Total mileage of Proprietary Lines
III,
26-570
655-760
Galveston ITarrisburg & San Antonio
Galveston Houston <t. Northern Ry
Houston East & West Texas Ry
Houston & Shrevepnrt RR
II.
Secon d
Track.
323-770
140-670
If 7 450
Central Pacific Ry
Oregon & California
RR
(b)— Operated by Companies owning
Texas *, New Orleans RR
were as follows:
— Mileage of lines belonging to Comoanien, whose
75
capital stock
?i-a»
96-9'-J
1,'.
6l)J»4
Total mileage June 30, 1900.
Total mileage June 30, 1899.
Increase.
88100
6-86
26 2-.^97
350 6^7
16 HI
23-47
8.206-745
7,417-224
96-92f
96 495
1,784-41
1,588-39
789-521
-430
I960.:
Includes Southern Pacific RR. Co. <of California) line from Mojare, Cal.. to The Needles. 242-507 miles, which
Topeka & Santa Fe Railway Co., until September 1, 1979, for an annual rental of $^18,133 00, U. 8. gold coin.
owned
3,565
10-69
10-6H
3,565
3,565
owned otherwise
than by the aouthern Pacific Company, but which were operated by the Southern
Pacific Oompany under leases:
New Mexico & Arizona RR
Sonora Railway
Total mileage of Leased Lines
The details of the mileage of the railroads
in tlie Controller's report.
10-69
or leased,
and of
ferries
and water
routes, are
is
leased to the Atchison
shown on Table No.
1
Since last report the following changes have occurred in the ownership of lines operated by the Company
Central Pac: fie Railway. The settlement by the Central Pacific Railroad Company of Its indebtedness to the United
the last
States Government, and the readjustment of the bonded and other indebtedness of said Company, referred to
annual report, and the acquisition by the Southern Pacific Company of the entire outstanding common and preferred
stock of the Central Pacific Railway Company, and of all but 1,773 shaies of the capital stock of the Central Pacific
Railroad Company, was concluded as of August 1, 1899. The mileage, earnings and expenses have from August 1, 1899,
been included in the transactions and operations of " Proprietarj' Companies."
Of ecion & Califorma Eailroad.— The Southern Pacific Company acquired during the year 29, .^00 shares, of the par
value of $100 each, of the common stock of the Oregon & California Railroad Company, which (40,000 shares having been
already owned) increased its holdings to 69,.'J00 shares out of 70,000 total outstanding common shares. The Company also
acquired 119,915 shares, of the par value of $100 each, of the preferred stock of the Oregon & California Railroad Company,
out of the 120,000 total outstanding preferred shares. The mileage, earnings and expenses have, from July 1, 1899, been
included in the transactions and operations of "Proprietary Companies."
These changes in ownership did not change the number of miles of railroad operated by the Southern Pacific Company.
It transferred, however, from the mileage of " Non- Proprietary Lines," operated by this Company last year, to the mileage
of " Proprietary Companies," 2,014-87 miles of main track, 11*05 miles of second track and 449-10 milts of sidings.
There have been purchased since the last report the following properties
Carson c& Colorado Railway,— In March, 1900, the Company acquired 43,720 shares, of the par value of $100 each, out
of 43,800 total outstanding shares, and $l,950,i 00 00, face value, of the First Mortgage Four Per Cent Bonds, out of a total
of $2,000,000 00, face value, of bonds outstanding of the Carson
Colorado Railway Company. The road (narrow gauge)
extends from Mound House, Nev., to Keeler, Cal., a distance of 293-62 miles, with a branch from the main line
to Candelaria of 6 miles.
Galveston Houst'H
Nortlurn Railway.— In January, 1900, the Company acquired 1.990 shares, of the par valne of
$100 each, out of 2,000 total outstanding shares, and $800,000 00, face value, of the First Mortgage Five Per Cent Bonds,
this being the entire amount of bonds outstanding. The road extends from Magers (a suburb ot Houston) to Galveston,
Tex., a distance of 52-67 miles.
Houston East & West Texas Raihvay.— In October, 1899, the Company acquired 19.073 shares, of the par valne of
$100 each, out of 19,200 total outstanding shares. The road extends from Houston, Texas, to Logansport, La., a distance
:
—
m
:
&
&
of 190-69 miles.
Houston cfc Shreveport Railrcad.—ln October, 1899, the Company acquired 3.976'shares, of the par value of $100 each,
out of 4,000 total outstanding shares, and $150,000 00, face value. First Mortgage Six Per Cent Bonds of the Company, this
being the entire amount of bonds outstanding. The road extends from Logansport, La., to Shreveport, La., a distance
of 39-05 miles.
These purchases added 582-03 miles of main track and 61-24 miles of sidings to the milease of "Proprietary
Companies." The earnings and expenses of these properties have, from the date of their acquisition, been included in
the transactions and operations of " Proprietary Companits."
There was added since last report by the construction of new lines and by purchase 206 692 miles ot main track to
existing lines, as follows
:
Morgan's Louisiana & Texas Railroad <fc Steamship Co.— An extension of the Thibodeaux branch from Oakley to
Napoleonville into the sugar district, a distance of 5-57 miles, was opened to the public in October. 1899.
J!few York Texas & Mexican Railway.— Under an amendment of its charter this Companv is building a road from
Wharton southeasterly along the Canev Creek sugar district, a distance of about 30 miles. Thegreaterpart of the grading
was finished and 12 miles of track had been laid at the close of the fiscal vear, but had not been opened for business.
SoHthtrn Pacific Railroad (of California) —The Company purchased'during the vear the railroad known as the ^anta
Ana «fe Newport Railroad, extending from Santa Ana to Newport Beajh and to Smeltzers. a distance of 02-471 miles. The
Montalvo branch was extended from Oxnard to Slrathearn, a distance of 23-306 miles; a branch was built from Madera, a
distance of 3910 miles, and an extension to Anaheim of 1-695 miles. On the Coast Division branches were built from
Suif to Lompoc, 10-354 miles, and from Guadalupe to Betteravia, 3-617 miles in length. The main line of the toast
.
THE CHRONICLE
288
[Vol. LXXII.
Division was extended from Canada Honda to Cuate Canon, a distance of 26-869 miles, and from Elwood north 5*9 miles.
There remained about 18 miles to complete the main line between San Miguel and Elwood. This gap was closed in
January, 1901, Total addition during the year, 98-123 miles,
Tfxas & Neiv Orleans Railroad. Under an Act of the Legislature of the State of Texas, approved May 22, 1899, the
Texas & New Orleans Railroad Company was authorized to purchase the railroad known as the Texas Trunk Railroad,
extending from Dallas, Tex., to Cedar, a distance of about 53 miles, and the railroad known as the Louisiana Western
Extension Railroad, from Sabine River to Beaumont, a distance of 6-8 miles; also to construct a railroad (about 165 miles
iu length) connecting the Sabine Division of that Company with the Texas Trunk Railroad. The Company was required
to put in operation 50 miles of railroad within one year after the passage of the Act, 100 miles within two years after the
passage of the Act, and complete the entire line within four years after the passage of the Act. Although the season was
exceptionally unfavorable for the prosecution of this work, the Company put the first 50 miles of road in operation within
the prescribed time. Work is now progressing on the second 50 miles, and surveys have been completed for the entire
line.
Under the provisions of this Act the Railroad Commission of the State of Texas has, since the close of the fiscal
year, provisionally authorized the issue of $4,435,200 00, face value, four per cent bonds to cover the cost of the purchase
of the Texas Trunk and Louisiana Western Extension railroads, and of the construction of the new line from Rockland
—
to Cedar.
The total addition to the operated mileage of the Company's system since last report was 788-722 miles of new lines
purchased or built, -799 miles lay minor changes in locations of lines, -43 miles of second track and 196-02 miles of siding.
Excluding the Mojave Division leased to the Atchison Topeka & Santa Fe Railway Co., the operated mileage of the
Company's system on June 30, 1900, comprised 7,613-541 miles of "Proprietary" and 350-697 miles "Non-Proprietary"
lines.
The average number of miles of road operated for the year were 7,545-17.
INCOME FOR THE YEAR.
the Southern Pacific Company
The gross receipts and disbursements of
in respect to its leased lines, and of Proprietary Companies in respect of lines not leased, and the other receipts and disbursements of the Southern Pacific Company
and of all Proprietary Companies were as follows:
Year ending June
aoth, laOO (excluding Houatun
Keceipts.
Year ending June
30(h, 1899, (excludn
Sc
inij
During the year end. June 80, 1900,
Houston &
Texas dniral RR Texas Central RR.
lines in Texus and lints in lexas
and
Average miles
of rail lines
operated— Proprietary and non-proprietary
subsidiary
svbsidiary
thereto).
thertto.)
7,545-17
7,174'72
Increase.
Decrease.
370-45
Gross receipts from operations of proprietary and non-proprietary lines and
miscellaneous receipts of proprietary companies:
Transpi rtatlon receipts
Trackage and other rentals
Income from sinking funds (including $177,901 44 Income from securities
pledged for redemption of Central Paolflo By. Co. 313 per cent bonds)
Income from investments
Income from lands (including $57,487 96, income from lands pledged for
redemption of Central Paoiflo Ry. Co. S^a per cent bonds)
Interest on open accounts
Miscellaneous receipts
Total
$55,913,153 24
392,198 70!
i,007,2€0 98
480,311 48
830,547 33
141,838 56
178,550 12
55,368 71
651,997 21
86,469 85
162,791 48
432,374 74
12,152 36
375,682 96
36,554 13
,920,414 22
88,11-^78
162,791 48
56,691 78
$24,401 77
$65,980,430 17
$56,951,507 86
$9,028,922 31
2,147,709 89
897,703 48
1,250,006 41
$68,128,140 06
$57,849,211 34
$10,278,928 72
Disbursements.
Expenses for account of the operations of proprietary and non-proprietary
lines and miscellaneous expenses of proprietary companies:
Operating expenses
$41,408,800 06 $35,959,410 15|
Taxes
1,673,656 37:
1,462,845 88
Trackage and other rentals
1,225,023 28
808,557 08;
Interest on funded debt
11,616,257 89
11,350,494 04
Interest on C. P. RR. Co. notes to U. S. of America
1,409.712 72
735,158 94
Interest on open accounts
315,534 21
398,895 86
Land department expenses
88,148 98
51,719 02
Taxes on granted lands
28,>J99 71
115,458 27
$5,449,389 91
210,810 49
416,466 20
265,7(^3 85
674,553 78
Gross receipts of Sonthern Paoiflo Company from sources other than from
the operation of leased lines
Total receipts.
Miscellaneous^ expenses
Betterments and additions to non-proprietary lines
Central Pacific RR. Co.— U. S. Thurman Act requirement.
Central PaciHc RR. Co.— Sinking fund contributions
52,047 71
Central Pacific RR. Co
1292,998 42
Total
Expenditures of Southern Pacific Company, viz.:
For insurance, taxes, interest on funded debt of Southern Pacific Co., and
all other accounts except for deflcitB in the operation of lines
Advances to San Antonio & Aransas Pass. By. Co
Total disbursements
Balance, receipts over disbursements
Application of balance:
Miscellaneous cnarges
Betterments and additions to proprietary lines!"!
New equipment for proprietary lines
Betterments and additions, non-proprietary lines.
Dividend paid on C. P. Ry. Co.'s preferred stock...
}
&
all
*
i
00
65
$52,991,068 06
$5,206,569 88
$2,045,069 19
632.012 25
$380,167 73
$1,664,901 46
632.012 25
$2,677,08144
$380,167 73
$2,296,913 71
$60,874,719 38
$53,371,235 79
$7,503,483 59
$7,253,420 68
$4,477,975 55
$2,775,445 13
$153,075 96
1,263,549 32
1,313,781791
559,729
595,269
235.000
484,722
36
86
00
23
$122,282 13
$750,196 51
310,836 65
47,305 13
240,000 00
240,000 00
disbursements.
For month of July. 1899.
52
36
86
$58,197,637 94
$30,793 83
2,013.745 83
1,002,945 14
47,305 13
Total
Surplus over
27,367
559,729
695,269
235,000
*777,720
$83,361 64
36,429 P6|
86,558 56'
24.680 22
$3,334,789 93
$2,730,407 07
$604,382 86
$3,918,630 75
$1,747,568 481
$2,171,062 27
Balance from operations for the year.
The earnings and expenses of the Houston & Texas Central Railroad, Austin & Northwestern Railroad, Central Texas
Northwestern Railway, and Fort Worth & New Orleans Railway companies, not included in the preceding statement
of receipts and disbursements, were as follows
„
Grose
,
:
Tear ending
June 30, ii^ 00.
^
receipts
Tear ending
.Tune 30. 1899.
Operating expenses
$4,475.570 12
3,218,261 OJ
$4,393,590 00
Receipts over operating expenses
Interest on funded debt and another fixed charges
$1,257,309 03
1,070,118 69
$1,578,068 22
1,094,536 16
$187,190 34
$483,532 06
New equipment
$12S,561 27
188,578 93
$183,854 48
Total
Surplus
$312,140 20
$183.854 48
$299,677 58
Balance, receipts over expenses
Betterments and additions
„
Deficit
„
2,815.52178
$124 949 86
are for the cost of one 19x24 8- wheel passenger, two 19x24 mogul locomotives, 2 combined baggage and passenger, 3 first class passenger, 6 chair cars, 101 box freight cars and shop machinery costing
The charges
to
new equipment
February
THE CHRONICLE.
9. 1901.1
289
The details of the receipts and disbursements of the above companies and of other companies whose bonds are guaranteed by the Southern Pacific Company, but whose receipts and disbursements are not included in the statement of
"Income for the year" (except the advance of $632,012 25 to the San Antonio & Aransas Pass Railway Company) are
shown on Table No. 30.
Expenditures for betterments and additions to and for new equipment for Proprietary Lines, amounting to |3,016,690 97, have been charged against "Income " by the respective companies, and S47,a05 13, expended for betterments and
additions to non- proprietary lines, has been charged against the " Income " of the Southern Pacific Company,
The charges against the income for the year include $576,327 99 advanced by the Southern Pacific Company to the
Oregon & California RR. Company, and .$632,012 25 to the San Antonio & Aransas Pass Ry.Company for operations, betterments and additions, retirement of equipment trust notes andother purposes; but .said amounts still remain due from
said companies to the Southern Pacific Company.
Comparing the transportation operations of this year with those of the same properties operated last year, gross
transportation receipts increased .$7,243,760 35, or 12-96 per cent, and operating expenses increased $1,873,829 31, or 13-.55
per cent. Taxes, rentals and all fixed charges (excluding the expenditures for betterments and additions to non-proprietary lines for the year ending June 30, 1899,) increased $l,036,6>il 56, or 6'70 per cent.
In making a comparison between this and last year of the fixed charges for interest on outstanding bonds and other
fixed interest- bearing obligations of the companies, the interest on the Central Pacific RR. Company's notes to the
United States of America, and the former payments by the Central Pacific RR. Co., under the Thurman Act, should be
taken into the calculation. On this basis these charges for the year compare as follows
,
:
Th ill year.
$ll,6ie,257 89
1,409,712 72
Interest on funded rtebt
Interest on C. P. RR. Co. notes to U. 8. of America
Central Pacitlo RR. Co., U. S. Tliunnan Act requirement
Luatyeor.
$11,350,494 04
735.1.'5B94
595,269 86
$13,025,970 61
$12,680,922 84
Total
Increase in interest charges for the year, .$345,047 77, subject to a deduction of $177,901 44 income from .securities
pledged for the redemption of Central Pacific Railway V/2 per cent bonds, which, under the mortgage, is to be primarily
applied to the payment of interest on said bonds.
The interest charges of the Carson & Colorado Railway, Galveston Houston & Northern Railway, Houston & Shreveport RR. and Houston East & West Texas Railway Companies amounted to $140,803 66. With the exception, however,
of $50,000 00 bonds (which have since been acquired), the bonds of the three first-named companies were all owned by the
Southern Pacific Company at the close of the fiscal year. The remaining increa.se of $162,898 00 in the interest charges is
Pirincipally for account of the Southern Pacific RR. Co. (of California), being interest upon bonds issued for additional
and equipment.
The increase in income from sinking funds resulted almo.st entirely from the income from sinking fund investments
of the Central Pacific Railway Co., which amounted to .$637,882 33. Of the $830,547 33 total income for the year, $177,901 44
was applied to the payment of interest on the Central Pacific Railway Co.'s Three and One-half Per Cent Mortgage Gold
Bonds, as provided in the Mortgage, and the remaining $652,645 89 has accrued to the sinking funds of the respective
lines
companies.
The increase in trackage and otlier rentals was for rental paid by the Morgan's Louisiana & Texas Railroad &
Steamship C mpany to the Southern Pacific Company for the use of the new ocean ships placed in the New York and.
New Orleans line during the year and steam tug used at New York.
Betterments and additions (including $1,002,945 14 for new rolling stock) have increased .$439, .359 86.
The receipts and expenditures of the Southern Pacific Company are shown in detail on Table No. 8.
CAPITAL STOCK.
The capital stock of the Southern Pacific Company outstanding at the beginning of the year amounted to $126,608,114 00. This was increased during the year by $3,949,834 40 issued against stock of the Southern Pacific Railroad
Company (of California), purchased by the Southern Pacific Company (and paid for by the issue of its own stock), and
deposited with the Union Trust Company, and $67,274,200 00 issued in connection with the Central Pacific Readjustment
(a like amount of the common capital stock of the Central Pacific Railway Company being received by the Southern
Pacific Company in connection therewith), making the total outstanding stock of the Southern Pacific Company at the
close of the year $197,832,148 40.
The aggregate of the stocks of the Propietary Companies outstanding at the beginning of the year amounted to
$185,775,072 00. The aggregate of the common and preferred stocks of companies acquired during the year outstanding at
the dates of their acquisition amount to $105,175,500 00. There was issued during the year, for account of new lines
built, stock amounting to $323,000 00, making total stock of Proprietary Companies outstanding at the close of the year
$291,273,572 00. Of the total outstanding stock $289,607,069 00 is owned by the Southern Pacific Company and $845,000 00
by the Morgan's Louisiana & Texas Railroad & Steamship Company, whose stock is principally owned by the Southern
Pacific Company. Stocks of Proprietary Companies to the amount of $231,175,215 00, face value, belonging to the
Southern Pacific Company, are deposited in the Union Trust Company. $196,999,328 40, face value, stock of the Southern
Pacific Company having been issued in exchange therefor, and $.59,276,854 00, face value, stocks of Proprietary Companies,
have been acquired by the Southern Pacific Company by purchase, for work done, and as dividends. The stocks owned
are shown
detail on Table No. 5.
FUNDED AND OTHER FIXED INTEREST-BEARING DEBT.
There were outstanding at the beginning of the year
Steamship Bonds of the Southern Pacific Company to the amount of
$2,429,000 00
Funded debt of Proprietary Companies (including $6,351,000 00 Income Bonds) to the amount of
139,408,218 47
m
:
Company and Proprietary Companies
$141,837,218 47
1
fixed Interest-bearing debt of companies of whose stocks the Southern Paolflo Company
became, during the year, the principal owner, as detailed on Table No. 7, viz.:
Mortgage Bonds
$102,783,'»25 00
Equipment trust obligations
102,256 01
Notes of Central Pacillo RR. Co. in favor of the United States of America, aeralnst which $47,056,000 00, face
value. Central Pacific Ry. Co. First Refunding Mortgage Gold Four per cent bonds were deposited
47.050,172 43 149,936,263 49
There were issued during the year
Southern Paclflo Co. 4 Per Cent Gold Bonds (Central Paolflo stock collateral) under provisions of Central
Paolflo Railroad Co. Plan of Readjustment of February 8, 1899
28.818,5C0 00
Central Paclflo Ry. Co. bonds as follows:
$101,500, face value, First Refunding Mortgage, 4 Per Cent and $60,675, face value. Three and One-Half
Per Cent Mortgage Bonds, In exchange for $134,000 00, face value, old Central Pacific RR. Co. bonds
deposited
$162,175 00
$2,941,000 00, face value. First Refunding Mortgage 4 Per Cent Bonds (released on payment of note to
United States of America due August 1, 1901)
3,103,175 09
2,941,000 00
Total Southern Pacific
Funded and other
:
Oregon
& California RR. Co. First Mortgage 5 Per Cent Bonds
Southern Pacific RR Co. (of California) First Consolidated Mortgage Bonds as follows:
(1) in exoh<nge, dollar for dollar for 5 Per Cent Bonds of 1888
(2) for account of construction of new lines and'acqulsition of rolliug stock
113,000 00
$1,000 00
3.908,000 00
$327,717,146 se
Total
And
there were retired during the year
Southern Paolflo Company 6 Per Cent Steamsiilp Bonds purchased and canceled
Central Pacltlc Railway Co. Three and One-half Per Cent Morgage Gold Bonds purchased and canceled
Old Central Paclflo RR. Oo. bonds deposited wi'h Trustees
Note of Central Paolfic RR. Co. In favor of the UnltPd States of America due August 1, 1901
Oregon & California RR co. First Mortgages Per Cent Bonds purchased and canceled..
Southern Paoitio RK. Co. (of California):
First Mortgage 6 Per Cent Bonds of 1S75 purchased and canceled
Five Per Cent Bonds of 1888. retired In excharge for First Consolidated Mort. 5 Per Cent Bonds of 1S93....
Texas & New Orleans RI'., Co. First Mortgage Main Line 7 Per Cent Bonds purohsed and canceled
Payment to tlie State of Texas for account of School Fund Debt
Galveston Houston & Northern Rv. Co. Equipment Trust Notes paid oflf
HoustonEa8t& West Texas Ry. Co. Equipment Trust Notes paid off.
:
$71.000 00
4,065.500 00
134, Oi
00
2,940,635 78
66,000 00
360,000 00
1,000 00
140,000 00
7,233 74
9.«"l 0^
g.O CO 00
Total funded and fixed Interest-bearing debt. Southern Pacific Company and Proprietary Companies, June
30, 1900 (Including $6,354,000 00 Income Bonis)
The details of this debt and the annual interest charges accruing on the funded debt outstanding
shown on Table No.
3,009,000 00
„ <,«ort.ncA
/. 803.0*0 60
•o.n
n, . ir>fl 3»
o«
$319914,106
June
30, 1900, is
4.
'
:
THE CHRONICLE.
2&cr
fVoL. LXXII.
ASSETS AND LIABILITIES,
the Southern Pacific Company are shown on Table No. 10, and those of the
Proprietary Companies on Tables Nos. 13 and 14. The value of the land grants remaining unsold at the close of the year,
belonging to the Central Pacific Ry. Co., the Oregon & California RR. Co., the Southern Pacific RR. Co. (of California)
and the Texas & New Orleans RR. Co., are not included in such statements of the assets of said companies. The cash
proceeds, however, from the sale of the lands, the disposition made thereof, cash in hands of trustees and other transactions in respect of said lands are shown on Tables Nos. 16 and 17.
The
details of the assets
and
liabilities of
SINKING FUNDS.
The transactions
for account of the sinking funds of the respective proprietary companies have
Income from Investments collected and aocrnitig to June 30, 1900
Income from annaal requirements of mortgageB
Total
Deduct for Interest colleotod on securities pledged for the redemption of Central Faolflc Railway Co.'s Three and
One-half Per Cent Mortgage Bonds, "to be applied primarily to the payment of the current Interest on said
amounted
'.
hoBde"
For interest accruing to Central Paoltlo ER. (Jo., for July, 1899, and other adjustments
Balance
Excess of proceeds of sales of securities held on deposit under Central Paolflo Railway
Percent Mortgage above cost of same to Central Pacitio RR. Co
Less: Exchange
to
$830,547 33
a40,000 00
$17170754^33
:
$177,90144
252,358 10
74,456 b6
$918,189
Co.'s
$335,614 65
854 19
__ 334^0 48
Total applicable for redemption of bonds
$1,252,949
I6.6 2l.--'f)8
Amount to the credit of the respective sinking funds at the beginning of the year
Total
$i77874,zu8
Less paid for $3,917,500 00, face value. Central Paoltto Railway Co.'s Three and One-half Per Cent Mortgage Bonds purchased
3.336.334
and canceled
$14,537,574
Balance June 30, 1900, consisting of bonds purchased for Investment and cash on hand uninvested
The sinking fund transactions of each
are shown in detail on Table No. 15.
Company and
69
82
51
32
19
the securities held and cash on hand for account of each fund
LAND DEPARTMENT.
of the respective Proprietary Companies during the year inregard to proceeds
pledged for the redemption of bonds amounted to:
Number of acres of land sold
The transactions
Cash receipts from
543
Three and One half
from the
sale of lands
417,603
$P09,077 82
1,006,232 87
1,615,310 69
3 87
4,045,030 97
714,000 00
sales
Amount of
sales made on time contracts
Total amount of sa ea tor the year
Averaee iirice received per acre
Land contracts outstanding June 30, 1900
Face value of bonds purchased and canceled by Trustees from proceeds from the sales of land paid over to them
There remained unsold at the close of the year 17,463,956 acres of land, of which about 5,487,216 acres are in litigation.
The transactions of each Company and the disposition made of their cash receipts are shown on Tables Nos. 16 and 17.
EXPENDITURES FOR CAPITAL ACCOUNT.
The expenditures charged
were as follows
to capital account, other
than for stocks and bonds acquired in constituent companies,
Central Pacific Railway—
For 3 river steamers. 3 barges, 5 eight-wheel passenger locomotives, 5 chair oars, 100 coal cars (50 tons
cap.) ana real estate
$276,004 09
For 24 20x28 mogul locomotives 1 baggage, 1 mail, 1 postal, 5 passenger. 1,512 freight (30 tons cap.i, 850
freight (50 tons cap.), 4 caboose and 13 road service oars, and 1 steam wrecking crane, and expenditures
for Improvements of roadbed and structures proveded for out of the Improvement fund
3,174,709 17
For surveys
18,582 95
$3,469,296 21
Morgin's Loniaiana it Texas Railroad & Steamship—
Extension to NapoleonvlUe
New York Texas Alexicm Railway—
Extension from Wharton along Caney Creek
Southern F.iciflc Company —
Final payments for Steamships El Cid, El Sud, El Norte and El Rio, replacing four steamers sold In the
spring of 1893
Southern Pacific RR. (ot Oaliforniaj—
New lines and extersions apgrf gating 97*4 miles
$3,342,269 58
429,40" 97
Seven chair. 4 baggage, 599 treight, 8 caboose, and 8 road service care
Terminal property
970,177 20
62,550 78
<£•
153,142 57
1,006,618 89
4,741,854 75
Texas A New Orleans R f.—
Cost of Texas Trunk Railroad and expenditures for account of
Improvements at Sabine Pass
new
line
from Rockland
to
$1,411,714 77
59,668 47
Cedar
1 501,383JI4
$10,984,846 44
Total charges to capital account
which was provided for by the issue of new stock amounting to $333,000 00, new bonds amounting to $3,908,000 00, and
was received from the Readjustment Managers of the Central. Pacific RR. Co. for account of the Improvement Fund, The remaining $3,529,137 27 was paid for out of earnings. The details are shown on Table No. 7.
BETTERMENTS AND ADDITIONS.
There was expended for betterments and additions, including new equipment, for account of Proprietary Companies
east of El Paso, $1,144,778 35, and for account of Proprietary Companies west of El Paso, §1,871,913 73, a total of
$3,174,709 17
$3,016,690 97.
These expenditures have been for
:
Ballasting 138-45 miles of track
Permanent bridge foundations, iron and steel bridges, culverts, oreosoted timber trestles, audfor strengthening bridges for 50ton capacity freight cars, and drawbridge at Harrison St belween Oakland and Alameda
Engine houses, shops, fuel stations, roaoway buildings, signal and interlocking plant, station buildings, station grounds, turntables and water stations
-.
Cattle guards and crossings, fencing, filling in timber trestles, right of way, real estate and telegraph
For 129-36 miles new sidings (less 23-86 miles taknn up) and -43 miles of second track
,
For changes in line and improvement
For new equipment and machinery
of grades
Total
for betterments and additions to the New Mexico & Arizona and Sonora railways,
$47,305 13, have been charged agaiost the income of the Southern Pacific Co.
The details of the expenditures for betterments and additions are shown on Table No. 22.
The expenditures
$241,598 82
480,446 75
532,103 55
188.501 90
421,196 68
149,*>98 13
1.0 2,945 14
$3.U16.b90 97
amounting to
EQUIPMENT.
There was received during the year the following new equipment for account of the Proprietary Companies and
charged to the following accounts
Replacement
Fund.
9
2
Locomotives
Baggage, mail and express cars
Business oars
Dining cars
Passenger cars
Postal cars
Box cars
Capital
Account.
5
4
Improvement
Fund (G.P.Ry
"',
..,.
service oars .. .•
4
2
3
90
616
44
Cost
Passenger transfer steamer Berkeley, tugs, barges, shop machinery and other additions to equipment
Total.
53
1
8
1
"2
456
396
6
$688,779 64
$1,002,945 14
4
12
"s
"6
1,309
701
957
1,861
2,670
17
$1,861,782 51
$3,694,045 83
8
$800,899 98
1
21
4
75
314,165 50
314,165 50
$542,583 70
Total
)
24
1
Other freight cars
Road
Income
Account.
15
1
$600,899 98
$1,861,782 51
$4,008,21133
upon drivers and 70-28 tons total weight of engine without tender. Eleven
locomotives, 12 chair cars, 435 fifty- tons capacity box cars, 300 fifty-tons capacity hopper-bottom coal cars, 100 fifty- tons
capacity flat cars and 400 thirty- tons capacity box cars were received during the year on orders placed in the preceding
year, and before the price of cars had advanced. There remain to be delivered on contracts placed during the year, 9
The locomotives averaged
59-62 tons
February
THE CHRONICLE.
9, 1901.]
29'
ocomotives, 20 passenger cars and 250 fifty-tons capacity hopper-bottom coal cars. The capacity of all freight cars added
during the year averaged 34*95 tons.
There were applied at the Company's shops automatic couplers to 786 locomotives and 1,773 freight cars, and airbrakes to 9 locomotive? and to 365 freight cars, at a cost of $^3,276 49, which was charged to the Operating Expenses.
The rolling stock owned June 30, 1900, consisted of
:
Proprietary
Kon-Proprie'ary
Companies.
15
Companieg.
1,09a
1,133
LocomotlvcH
Paeeencer equipment
Freight equipment
Eoart service equipment
236
1.108
1,145
29,701
14
1,3^:8
12
i9.4.fif>
Equipped with
Air brahea.
Total.
1,314
All
All
Equipptd with
Automudc
Coijplers.
957, or 87-71%
25,760. or 88-45%
28,477, or 97-02%
The equipment owned by the Proprietary Companies is shown on Table No. 18, and of the changes during the year,
capacity and service of all equipment is shown on Tables Nos. 26, 27 and 28.
The locomotives averaged at the close of the year 38-10 tons on drivers and 49-62 tons total weight of engine without
tender, an increase of -9 i tons on drivers and -88 tons total weight without tender over 1899. The ton capacity per
freight car at the close of the year averages 24-70 tons, an increase of 1-08 tons per car over 1899.
The replacement funds have been credited with $733,276 25, the estimated cost of replacing, at current prices, 32
locomotives, 7 baggage, mail and express, 1 business, 1 passenger and baggag*^, 16 passenger, 313 box, 4.53 other freight
and 40 road service cars. This credit exceeds by §261,767 50 the sum credited to the Replacement Fund in the preceding
year. A part of this increase resulted from the greater number of locomotives condemned, and a part from the greater
cost at which cars broken up or destroyed had been char^^ed up. This cost ranged from 40 to 45 per cent advance over
the cost of cars in the fall of 1898.
The Replacement Funds have been charged with $542, .583 70. There remained June 30, 1900, to the credit of the
several replacement funds the sum of $397,192 94.
The contracts of the Proprietary Companies with the Pullman Palace Car Co. for sleeping car facilities having expired, a new contract was made, taking effect April 1, 1900, under which the Pullman Company purchased 99 standard
and 60 tourist sleeping-cars, owned by the several comp-anies. The companies received for these cars §816,535 40, which
sum, together with the difference between this amount and the original cost of the cars, was credited against cost of
property.
The four ocean steamships and tug referred to in the last year's report were received during the year and are giving
satisfactory service. To meet the steadily increasing business of the Company's New York and New Orleans line it was
deemed advisable to order four additional ships, of similar design to those received, which are to cost •f.550,.500 each.
TRANSPORTATION OPERATIONS.
The transportation operations
of all lines operated during the year
Tear endivg
J%tne 30,
J
900.
were as follows:
Tear ending June 30, 1900.
Vear rndintf
JuneZO,
lfc99.
Decrease.
Incre^tte.
Average mllea
of rail lioea operated.
7,546-17
7.174-72
370-45
87
$13.153,01<>94
2,508,471 97
34,994,014 82
$2,699,782 03
171.679 34
\
Per Cent.
516
20-53
6-84
13-78
Reckipts—
Passenger
Mail, express and baggage
Freight
$1.^^,852,802
2,b80,151 31
39,815,600 §2
2 4*^8.554 f-9
i^tO,al7. 09 59
3.103.304 63
$61.9^0.414 '.^2
Sleeping car and all other sources..
Total rail lines
Steamships
Total
Operating Expenses —
MaluttiDanee of way and structures.
$8,261,027 63
Maintenance of equipment
Condnoting transportation
General expeuees
39
22,€,3.i,f>03 92
1.183.3^5 29
»i,^71,757
...
TiHh Total rail lines
$3'^,»45<,t>74 'za
Steamships
2.459.12.^83
Total
Receipts over operating expenses..
$41,<iUH.H<'0
06
$22 511 «14
le
2,448.0.'iS
53
$.^3,103 ftUb
..b
9-^
2.809,587
$55,9 a.!."!;*
1
-^4
$7,011,002 65
5,'7.'^2.386
19,773,0^3
l,f>43.?2i
$34,079,»a8
1.879.472
0i
45
92
08
07
$36,9.'S9,410 16
$l9,>'5.-t.743
0»
4,821, 5'-5 70
83
20,49H 36
33
2^3.716 65
14-53
10-45
14-32
ij>7,71ii,544
1
««<.00?.260 98
0.024 98
819.371 33
2,880,480 47
$1,2.=
$60,140 63
$4,869,736 15
579,6.=)3
76
$^,449,389 91
$2 557.871 07
17-83
14-24
14-47
3-ao
1^ 29
30-84
15-15
12-82
Passenger Traffic—
Number
of passengers carried
Passengers carried one mUe
Average receipts per pa^>*enger carried one mile.
24,341,991
817.333.682
1
Freight Traffic—
Tons coinuiercial and company freight carried
Ton miles commercial and company freight
Average reopipts per ton per mile commercial freight
-940 cents.
T5,2.'iR,989
4,68H,751,573
-9.'i7
cents.
21,844,022
2,497,969
670,464,-275
1-962 cents.
146.Hfc9,407
1?,7P4,121
3,957,157,891
•9^2 cents.
11-43
21-91
-022 cents.
2,472.8fi8
731,^93,679
•0O'->
cents.
112
19-34
18-49
-53
The transportation receipts and operating expenses are shown in detail for each company on Table No. 21, and the
details of passenger and freight traffic for all lines on Tables Nos. 23 and 24. The rail lines were operated at 64-05 per
cent of their gross receipts, against 64-18 per cent in 1899, and the steamship lines at 79-24 per cent, against 66-82 per
cent in 1899. The average per cent for both rail and steamship lines was 64-78 per cent, against 64-31 per cent in 1899.
The average per cent for both rail and steamship lines was 64 78 per cent, agains'^ 64-31 per cent in 1899. Expenses for
maintenance absorbed 24-39 per cent and for operations 39-66 per cent of the gross receipts of the rail lines.
Quite a large part of the increase in the operating expenses, and particularly for maintenance, has been caused by
the advance in the prices of material. Although prices began to advance toward the end ot" the year 1897. the advance
did not manifest itself to any appreciable extent in the operating expenses until the beginning of the fiscal 3-ear just
ended. In the price paid by this Company for cars and locomotives the advance has ranged from 44 to 48 per cent.
The increase in the operating expenses has been principally in the following items:
Maititenance of Way and Structures —(Increase, $1,250,024 98, or 17-83 per cent.) - A part of this increase has resulted
from the expenses attending the maintenance of the roadway anrt structures on 370-45 miles of road added to the average
operated mileage for the year. Repairs of roadway increased §849,154 86, of which §164,671 03 was for repairing damages
caused by the exceptional floods on the lines of the Galveston Harrisburg
San Antonio Railway, involving also the loss
of a costly bridge across the Colorado River $20,921 84 in renewal of ballast on the lines of tiie Atlantic System, and
$87,415 UO in filling trestles and riprapping roadbed on the lines of the Pacific System, and reconstruction of yards at
Colton and Bakersfield. The remaining increase has resulted from the expen.ses attending the replacement of a considerably greater number of rails and ties than were replaced in 1899, the use of a much greater number of tie-plates, and expenses incident to the maintenance of 370 miles of additional road. Repairs of bridges, culverts, timber trestling. buildings, docks and wharves, increased $421,23138. Of this sum #98,029 00 was for new steel bridges and §27,386 89 for
strengthening bridges for carrying heavier rolling stock §109,406 00 was for increased cost of creosoting timber and piling
used in renewals of trestles, docks and wharves, burnettizing cross-ties, and §27,770 05 in additions to station buildings
and offices Renewal of cross-ties increased §225,013 57.
The rails and fastenings used in making renewals charged to the operating expenses this year do not include the
rails, fastenings and tie-plates used in renewals on the Central Pacific Railway, this expense being paid out of the
"Improvement Fund" provided for in the Central Pacific Plan of Readjustment. The cost of the labor, however, in
making these renewals, and the cost of the cross-ties replaced during the year, were charged to the operating expenses of
the Central Pacific Railway.
The following rails, ties and tie-plates were used during the year in making repairs and renewals to the "Proprietary"
Lines, and charged as follows
Total
Total
Improvetnetit
Operating
last ifear.
t hi-' year.
Fund.
Expenses
__ ,,
,,,
^
,,
270-83
Miles 75-lb. steel rails
4->0 42
314-1'^
136-24
'.'.'.*
782.001
Number burnettlzed cross-ties
1.176.'>.''3
1 17h 553
9(4.7S2
Number other cross-ties ..
',,
1,057.532
•=S32
"
l'057
.'.'"
1,6!S«.783
Total No. of cross-ties
2,234.085
2'234*08'>
785-.>i8
691-^8
Kqual to miles of track
.
78i5 88
."..'
3.538.412
Number of tie plates
5,35.-1.484
4 227 827
1,126,157
633-17
Equal to miles of track...
74S-35
748-35
&
;
:
:
.
,
'
:
THE CHRONICLE.
292
[vol. lzsii.
The material used in renewals during the year and charged to operating expenses, and the character and conditions
and tracks at the close of the year are shown on Table No. 19.
At the several wood-preserving plants of the Company 97.369 lineal feet of piling and 2,840,567 feet B. M. lumber
were creosoted, and 1,873,303 cross-ties, and 765,152 feet B. M. lumber were burnettized.
The expenditures for maintenance of way and structures have averaged $1,087 11 per mile of main and second track,
of bridges
against $964 21 for the preceding year.
Maintenance of Equipment.— (Increase, $819,371 33, or 14-24 per cent.)— Repairs of locomotives increased $433,117 54,
or 20-96 per cent. The miles run by locomotives increased 4,249,143 miles, or 12-00 per cent. The expenses include
§259,006 49 present cost of replacing 32 locomotives condemned, sold or broken up, and $34,803 33 for applying 786 automatic couplers to locomotives and driver brakes to 9 locomotives. The constantly increasing demand upon the Company's power from the steady increase in traffic, beginning with the year 1898, the increase in the weight of locomotives,
and the rating of locomotives to their maximum hauling capacity, is beginning to manifest itself in the increased cost of
repairs. Repairs to passenger equipment increased $150,856 17, or 19-11 per cent. The miles run by passenger equipment
increased 8, '346,396 miles, or 13-93 per cent. The expenses include $73,750 00 current cost of replacing 7 baggage, express
and mail. 1 baggage and passenger, 1 business and 16 passenger cars sold, condemned or destroyed also $47,793 00 for
depreciation on sleeping: and tourist cars sold to the Pullman Company and charged against this year's operations.
Repairs of freight cars increased $270,087 71, or 15-03 per cent. The mileage of freight cars increased 36,098,690 miles, or
10"82 per cent.
The expenses include $381,529 76, present cost of replacing 313 box and 453 other freight cars condemned
or destroyed during the year, and $51,163 16 for equipping 365 cars with airbrakes and 1,773 cars with automatic couplers.
Repairs of work and service equipment increased $34,954 32, of which $18,990 00 is for current cost of replacing 40 cars
:
condemned and broken up.
The rolling stock has been maintained
averaged the following sums per locomotive
in thoroughly good order.
or car owned:
The expenditures
for repairs during the year
This year.
$2,3nd 55
643 65
677 34
67 53
Locomotives
Baggage, mall, express and postal oars
Paasenger cars
Frelghtoars
Last year.
$2,094 17
557 71
612 73
66 50
The slight increase in the average cost of repairs of freight cars resulted from the much larger number of new cars
added during this year than wei-e added last year.
The equipment owned by the "Proprietary" Companies is shown on Table No. 18, and the changes in all equipment
during the year, capacity, service, and average cost of maintenance are shown on Tables Nos. 26, 27 and 28.
Conducting Iransportation. These expenses are largely dependent upon the amount of traffic handled; compared
with the transportation operations of the preceding year, the expenses and traffic handled show the following result:
—
Increase la
*'
"
"
"
"
"
"
"
"
"
"
"
$2,860,480 47, or 14-46 ner cent.
"
2,497,969, or 11-43'"
"
146,869,407, or 2191 "
"
2,472,^68, or 19-34 "
"
731,593,679, or 18-49 '"
"
1,475,125, or 13-05 "
"
1,791,834, or 10-19 "
"
3,266,959, or 11-46 "
expenses for conducting transportatioi:
passengers carried
passengers carried one mile
tons commercial and company freight carried
tons commercial and company freight carried one mile
locomotive miles for account of passenger traffic
'•
••
"
"
"
freight traffic
••
"
"
" all traffic
"
Comparing the train-load and car load with the same properties operated
last
year shows the following gain during the
year
Per Cent.
Increase.
igco
iSgq
34-24
264-?9
12 93
Average tons per train mile
299-13
1-07
16-37
t>-54
17*44
Average tons per loaded oar
For all lines operated during the year, including Sonora Railway, the train-load averaged 295-30 tons per train mile
and per loaded car, 17-00 tons.
The price of fuel coal for locomotives increased from $3 85 per ton in 1899 to $4 03 per ton in 1900. The cost of fuel
for locomotives forms a large factor in the expenses for conducting transportation upon our lines. For the year just ended
this expense amounted to |6, 566,721 67, and increased $980,699 04 over the preceding year. It forms 61-94 per cent of the
cost of locomotive service, 29-01 per cent of the total expenses for conducting transportation and 10-80 per cent of the
gross receipts of the rail lines. The total expenses for conducting transportation have averaged 82-45 cents per train mile,
of which 2392 cents was for fuel for locomotives.
review of the general operating results by which these expenses are affected will be found on Table No. 25, for all
lines operated.
Steamship Expenses. There was an increase of 95 single trips over the trips of last year. Steamer expenses increased
$357,228 46 agency and office expenses, $55,581 80, and general and extraordinary repairs and depreciation of steamships
increased $191,308 19.
A
—
;
GENERAL.
The transactions in respect of " Income " and "Profit and Loss " fQr the year, of all Proprietary Companies and of the
Southern Pacific Company, as shown on Tables Nos. 2 and 3, and of the companies (whose earnings and expenses are shown
on Table No. 20) for which the Southern Pacific Company has guaranteed, or is authorized to guarantee, either principal
and interest, or interest only, of their bonds, were, concisely stated, as follows:
9,443 96
Milesof road, June 30, 1900
Gross transportation receipts...
Rentals
Income from sinking funds
Other income
Miscellaneous
$70,917,787
485,337
830,547
762,214
2,147,709
12
88
33
65
89
$75,163,596 87
Total receipts.
DiSBUESEMENTS.
Operating expenses
Taxes and rentals
Interest on funded and other llxed Interest-bearing debt
Other expenses
MUcellaneous
$46,485,^77
3,410,732
14,728,553
725,075
2,045,069
.^
47
53
11
24
19
67,395,307 54
Total disbursements
$7,768,289 33
Balance of Income, applied as follows:
For betterments and additions
For equipment
For dividends on preferred stock
For accounts charged off and other disbursements
$2,207,481
1,290,331
240,000
30,733
'."..'....
94
92
00
83
3,768,607 69
Total
$3,999,68164
I,li9,919 19
283,050 37
Balance of income
'."'..."""'.".*."*.'..'.".'.'.'.".'.'
Proceeis from sale of lands
Profit from sale of bonds pledged for redemption of bonds
Other receipts and profits
„
.
Total
Less: Profit and Loss charges and adjustments,
Charges
.
Credits
18,802 00
$5,421,453 20
,
viz.:
.
.....!";"".;!!..'.'..."..".".".....'.'.
$561,143 51
93,475 43
457,668 08
$4,963,785 12
Net balance to credit of profit and loss
The services of the Hospital Department have been maintained as in the past. There were treated during the year in
the hospital offices and homes 31,669 patients of the Pacific System lines and 16,868 patients of the Atlantic System lines, a
total of 48,537, an increase of 6,424, or 15-25 per cent over the preceding year. The receipts of the Pacific System from
contributions by employes and from outside patients amounted to $154,396 42, and the expenses to $128,660 93, leaving a
surplus of $25,735 50. The receipts of the Atlantic System lines amounted to $47,087 00, and the expenses to $47,684 50,
leaving a deficit of $597 50, which was borne by the "companies.
Your Board announces with profound sorrow the death, since the close of the fiscal year, of CoUis P. Huntington,
President of this company. His master mind conceived, and carried to a successful completion, the construction and
acquisition of the various properties which now form the transportation lines of this Company, and his death involved an
February
THE CHRONJCLE.
9, 1901.]
293
A
copy of the resolutions adopted at the
irreparable loss to the Company, and to all who are interested'in its prosperity.
meeting of this Board of Directors after Mr. Huntington's death is appended to this report.
Your Board has also to record the death on June 15, 1900, of Mr. Wm. G. Curtis, Engineer of Maintenance of Way of
the Company's Pacific System lines. Mr. Curtis entered railway service with the Central Pacific Railroad Company in the
year 1805, and was to the date of his death in tlie uninterrupted service of the Maintenance of Way Department of
the companies which form the Pacific System lines, and was for a number of years Assistant to the General Slanager.
The Company lost in him a faithful and efficient officer.
The accompanying report of the Controller shows fully and in detail the financial and other transactions of the
Southern Pacific Company and of each Proprietary Com]iany. The report is supplemented by several diagrams, showing
the growth of the Company's business from the year 1885, when the Company commenced operations, to June 30, 1900,
which it is thought will be of interest to the holders of the Company's securities.
The Board acknowledges its appreciation of the loyalty and devotion which its officers and employes have manifested
in the discharge of their respective duties, and it fully recognizes the fact that their fidelity and personal pride in the
efficiency of these properties have contributed greatly towards bringing them up to their present high standard, and to
the successful results of their operation.
Respectfully,
first
CHARLES
H.
TWEED,
Chairman of
NO. 2.— INCOME ACCOUNT FOR
THE YEAR ENDING JUNE
30,
1900.— SOUTHERN PACIFIC
the
Board of Directors.
COMPANY AND PROPRIETARY
COMPANIES.
(Earnings and Expenses of "Proprietary" and "Non-Proprietary" Lines and Miscellaneous Income of the Southern Paolflo
Proprietary Companies).
Operatlnii;
Earnings of proprietary lines and miscellaneous
expenses (and taxes) of proprietary lines,
and other expenses of proshown in detail on Table
interest on funded debt
prietary compaDles as
No. 11
Operating expenses, taxes and all other expenses
(except for betterments and additions) incurred in
connection with the following non-proprietary lines:
New Mexico & Arizona RR
$269,039 84
Sonora Railway
612,992 10
come
$57,315,606 00
of proprietary
companies as shown in
Company and
in-
detail
on Table No. 11
Earnings of the following non-proprietary lines:
$v20 363 26
New Me xiooA Arizona RR
532,289 60
Sonora Railway
$65,227,777 31
752,652 86
$65,980,430 17
Total
882.031 94
Miscellaneous income of Southern Pa-
Total
$58,197,637 94
cillo
Miscellaneous expenses of the Southern
Company
Table No 8*
Pacltic
as
shown in
detail
Company
as
shown
in detail
Table No. 8:
Dividends on Wells, Fargo
on
on
& Oo.'s Ex$91,800 00
press stock
Dividend on Central Pacific Ry. Co.'s
Fixed rental to Central Pacific Ry. Co. $10,000 CO
Fixed rental to Oregon & California
RR. Co
5,00000
Interest on open accounts other than
with aflillated companies
230,725 19
Interest ou 8. P. Co. 4% bonds (C. P.
Stock Collateral)
1,056,632 27
Interest on 8. P. Co. 6% steamship
bonds
143,610 00
Expenses operating steamship lines... 343,868 85
Insurance on steamships
155,506 01
Land department expenses and taxes..
3,605 05
Taxes on other property
27,463 17
Printing bonds and other miscellaneous
expenses
68,658 65
Advances to San Antonio & Aransas
Pass Ry. Co
632,012 25
„
preferred stock
Interest due from affiliated companies
on advances and open accounts, including Interest charged to Oregon <6
California RR. Co ami San Antonio
& Aransas Pass Ry Co.. .$145, 344 01
Less: Interest due atWiiated
companies ou similar accounts
403,826 58
bondsowned
Proceeds from sale and lease
Interest on
of lands..
Miscellaneous receipts.
in-
41,517
229,458
4,459
283,678
on bonds sold
from operating wood-preserving works
15,620
Rentals of steamships and earnings of
steamship lines
912 ,002
Rentals from terminal facilities
113,524
Rentals from equipment
67,891
Rentals from other property
110,780
Profits
Profits
2,677,081 44
Balance carried to appropriation of
come account below
240,000 00
36,t)76
43
99
45
12
77
41
80
54
5
23
2,147,709 89
7,253,420 68
Total
$68,128,140 06
$68,128,140 06
Total
APPROPRIATION OP INCOME ACCOUNT.
Betterments and additions to proprietary lines (No. 22)
Equipment for proprietary lines (No 22)
Betterments and additions to non-proprietary lines
(No. 22)
Premium on bonds purchased and canceled
Accounts charged off
Dividend on preferred stock
Balance carried to a pro tit and loss account below
47,305
3,560
27,243
240,000
13
00
83
00
3,918,630 75
(No. 3)
$7,253,420 68
$7,253,420 68
Total
of
$7,253,420 68
$2,013,745 83
1,902,945 14
We have examined the books of the companies above referred
income account to be correct.
New York, December 27, 1900.
No. 3.-PB0FIT
to,
and we oertify the above income and appropriation
PRICE,
WATERHOUSE &
CO.
30, 1900.-8OUTHERN PACIFIC COMPAN\' AND
COMPANIES.
AND LOSS FOR THE YEAR ENDING JUNE
PROPRIETARY
Refunded for lands surrendered on orders from Court.
Adjustment of land department accounts
$6,815 44
234,561 57
Depiociatlon iu sleeping oars sold chargeable to operations prior to .July 1, 1899
Adjustment Louisiana Western Extension Railroad
Accounts
Balance June 30, 1900, viz,:—
Balance June 30. 1899, viz.:—
Southern Pacific Company
Proprietary Companies
$9,465,536 41
34,317,093 49
355,992 67
$43,782,619 90
174,771 76
Southern Paciflo Company (No. 9) ...$10,049,940 61
Proprietary Companies (No. 12)
33,681,856 71
43,731,797 32
Deduct for profit and loss, balances of
the Carson & Colorado Ry., Galveston
Houston it Northern Ry.. Houston
East & West Texas Ry., Houston &
Shreveport RR. and Oregon & California Railroad companies, standing
on the books of said companies on the
respective dates on which said properUes were acquired
,
_ ,,
5.246,692 46 $3?,535.937 44
Balance from appropriation of income account above,
(No. 2)
....|
3,918,630 76
Proceeds fiora sale of lands pledged for the redemp-i
777.919 19
tlon of bonds (No. 1'/)
Other miscellaneous collections for account of proprle-,
|
tary companies (No. 12)
525.538 37
j
Miscellaneous ooUecilons and adjustments for account,
of Southern Paolflo Co (No. 9)
Advances to San Antonio & Aransas Pa.'-s By. Co.
charged in income account, now credited and charged^
to San Antonio & Aransas Pass Ry. Co
113,900 76
63?,012 25
i
Total.
$44,603.93S 76
Total
**'
<»
76
THE CHRONICLE.
294
KKCEIl'TS AND EXPENSES.
fRail and Sieamship Lines.)
Gross transportation receipts
1.
2.
3.
4.
Operating expenses
Receipts over operating expenses
Percentage of operating expenses to gross receipts
(Hail Lines Only
5. Gross transportation receipts per mile of main track
6. Operating expenses per mile of main track
7. Receipts over operating expenses per mile of main track
8. Gross transportation receipts per train mile
9. Operaiins expenses per train mile
10. Receipts over operating expenses per <rain mile
LX2IL
RESULTS-ALL LINES.
No. 25.-GENERAL OPERA.TING
Average miles of road operated
[Vol.
June 30, 1900.
June 30, 1899.
7,545-17
7,174-73
$63,920,414 22
41.408,800 06
22,511,614 16
$55,913,1.5324
85,959,410 15
19,953.743 09
64-31
$8,007,260 98
5,449.389 91
2,557,871 07
$7,793 07
5,011 95
2,781 12
$313 59
179 87
133 72
1*94
1-25
•28
•17
•11
6478
Increase.
Decrease.
Per Cent.
5-16
370-44
14-32
151ft
12^82
•73
•47
\
$8,106 66
5,19182
2,914 84
2-22
1-42
•80
•69
11.307,'' 63
10,072,611
14,372,731
870,011
25,315,353
4.-02
3-58
4-81
14-43
1360
1594
Train and Traffic Miles.
11. Locomotive miles run with passenger trains
18. Locomotive miles run 'witli freight trains
13. Locomotive miles run with mixed trains
14. Total tram miles
16. Locomutive miles light and helping passenger trains
16. Locomotive miles light and helping freight trains
17. Total <rrtj(«c miles
18. Locomotive miles switching
19. Total revenue locomotive miles
--
lr.,088,324
1,053,368
27,449,055
825,909
3,608,06&
ai,: 83,033
6,3S9,'237
20.
21.
22.
23.
24.
25.
26.
27.
Car Milks.
Mileage of all oars in passenger trains
Average numlier of cars in passenger trains
Mileage of cars in freight trains (loaded)
Mileage of cars in freight trains (empty)
Total mileage of all cars in freight trains
Average number of loaded oars per train
Average number of empty cars per train
Percentage of empty cars per train
28.
Miscellaneous.
Maintenance of way and structures per mile of main and second
29.
30.
Average cost
Average cost
31.
32.
Average cost of repairs of passenger cars per annum
Average cost of repairs of irelght cars per annum
Conducting transportation per train mile
Conducting transportation per revenue Locomotive mile.
71,688,855
1700
annum
33.
34.
of repairs per locomotive per annum
of repairs of baggage, express and mail oars per
938,723
3,266,959
767,386
4,034,345
14-94
2-31
11-29
9,319,699
•14
83,973
8,714,717
36,098,690
27,;^
1614
6-30
27 04
track
194,5."4
62.369,156
6^06
242,474,947
91.283,109
333,758,056
6-20
269,858,920
99,997,826
369,8f 6,746
,
183,357
2,133.702
631,375
2,569,346
28,516,074
5,571.351
34,087,925
38.122,270
18-22
4-98
21-08
S'43
30*81
36-54
11-46
13-77
11-83
1,234,752
715,593
955
10-82
5-33
3-79
•86
•23
6-07
27-33
•29
108
$1,076 74
2,393 56
$1,013 9r)
2.094 17
$62 84
299 ;j8
6-19
14-30
643 65
577 34
67 53
557 71
512 73
66 80
85 94
64 6L
15-41
103
82'43 cents
59'35 cents
78-31 cents
58-16 cents
4*12 cents
1*19 cents
1-55
5-27
lv80
205
a
10— ASSETS AND LIABILITIES-SOUTHERN PACIFIC COMPANY.
No.
LIABILITIES.
ASSETS.
Tear ending
Jtme
Capital Assets—
Stocks owned (No. 5)
Bonds owned (No. 6)
30, 19i.O.
30, lhi)9.
$237,166,147 77 $127,131,442 05
277,500 00
277,500 00
3,693,475 97
2,686,857 08
Steamships
Tear ending
Tear ending
June
$241,137,123 74 $130,095,799 13
Capital Liabilities.
June 30, 19oO.
Capital stock...
$197,832,148 40
Four per cent gold bonds (Central
Pdcltio stock collateral), due August 1, 1949
23,818,500 00
Six per cent steamship bonds, due
January
1,
2,358,000 00
19il
(No. 6)
(No. 5)
,
Agents and conductors
$5,883,696 iiO
1,683,000 00
1,153, 00 13
370,856 40
2,801,844 76
1,0*1,778 04
464,733 53
2,761,705 29
2,350,167 60
$3,339,682 00
1,825,060 00
745,225 84
1,56.1,161 65
3,603,8b8 91
1,390,079 32
$18,511,382 55
$16,180,945 49
t
Bills receivable
Cash
Construction advances.Individuals and companies
Material, fuel and other supplies
U. S. Government transportation...
2,652,767 25
1,059,080 43
—
Lands
Other property
Real estate
Tug and advances for steamships
under construction
Rolling stock
Wood-preserving plant
Central Texas & Northwest. Ry. Co
Fort Worth & New Orleans Ky. Co..
Houston & Texas Central RR. Co...
$136,974 20
222.435 20
190,336 93
2,643,119 36
$9,927
223,494
«2,605
2,597,472
35
20
20
35
222,341 98
209,039 47
131,824 24
38,044
407,165
130,173
41.378
21,270
112,895
24
92
09
4,830 00
110,376 05
$3,871,277 43
$12,173 69
$343,003 58
16,096 12
788,560 01
449,908 32
1,559,427 50
210,692 34
2,473,057 50
not due
Loans and bills payable
Pacldo Improvement Co....
2,555,009 65
7,406,768 88
Traffic balances
308,662 37
4,461,438 62
845.161 67
650,000 00
241.139 69
121.933 03
4,040,110 45
$16,753,389 03
$9,729,744 39
$277,759 87
$173,359 86
464,000 00
23,089 30
612,000 00
22,079 05
Unpaid dividends..
Individuals and companies
Interest coupons due but not pre-
sented
Interest coupons due July 1st
Interest accrued to June 30tb, but
41
00
35
rolls
Deferred Liabilities.
Taxes estimated to June 30th
Wells, Fargo «& C».'8 express contract
Austin & Northwestern RR. Ca
Central Texas & Northwestern Ry.
4.878 52
Co
Proprietary Companies—
Cromwell Steamship Co. (advances
for new steamers)
Galveston Houston &North. Ry. Co.
Galveston Harrlsburg
tonio Ry. Co
&
Proprietary Companies,
& Colorado Ry. Co
Central Pacific Ry. Co
Direct Navigation Co
Lousiana Western RR. Co
Morgan's Louisiana & Texas RR.
$884,696 31
8,783 31
86.
Han An-
Gulf Western Texas & Pacific Ry. Co.
Sonora Railway Co.
New York Texas & Mexican Ry. Co.
Oregon & California RR. Co
Southern Pac. RR. Co. (of Arizona).
South. Pac. RR. Co. of New Mexico
Texas & New Orleans RR. Co
534,887 29
383,8^8 68
93,139 54
482,1 96 89
4,119,751 05
31,313 78
1,239,656 35
$7,778,313 20
$696,868
184,895
45,031
356.318
3,063,163
143.908
8.218
18.010
12
83
54
90
24
77
99
78
$5,116,416 17
&
Co
Southern Pac. RR.Oo.(of California)
Southern Pac.RR.Co.of New Mexico
Aransas Pass Ry. Co.
Total assets
$1,065,203' 12
$123,138 45
2,692,766 77
433,190 87
$1,065,203 12
$3,149,096 09
$272,363,300 04
$158,207,482 99
,..
$707,438 91
42
58
30
88
$771,895 68
109,900 47
310,577 50
$27,426
3,004,169
114,361
810,083
2,157,024 18
5,495,263 12
270,939 64
1,339,078 97
3.649,421 16
$11,879,268 12
$6,209,933 78
ContingentlLiabiliiies,
$',987 96
1,085,587 18
Individuals and companies
Marine insurance lund
Renewal and replacement fund
Steamship iQsnrance fund....
Unadjusted account
Total liabilities
Balance
to
credit of profit
(No. 9)
Total llabillUes
and
801,506 01
1,731,05100
$867,417 72
67.197 35
64»^,000CO
1,477,100 43
$3,902,326 19
$3,057,715 50
$262,313,359 43
$148,741,946 58
$10,049,940 61
$9,465^536 41
$272,368,300 04
$158,207,482 99
27.^,194 04
—
Contingent Afsels
Individuals and companies
Unadjusted a( counts
$769,727 69
$3,665,226 11
Carson
&
Oa
Current Liabilities.
Depositors
Vouchers and pay
Deferred Assets
Individuals and companies
San Antonio
2,429,000
$229,008,648 40 $129,037,114 00
Current Assets —
Bonds owned
Stocks owned
Tear ending
June 30, 1899.
$126,608,114 00
loss
February
9,
THE CHRONICLE.
IPOl.]
No. 13.— A.88ETS
295
AND LIABILITLE8-PROPBIETARY COMPANIES
LIABILITIKS.
ASSETS.
Total
June 30, 1900.
Oanital Atseis—
Cost of road and franchisee
$587,637,806 24 $348,656,219 .'56
3,096,329 23
512,71174
653,597 46
553,597 46
Expenditures for new lines
Stocks
owned
Total
Total
June 30, 1899.
(No. 5)
$591,287,732 93 $349,722,528 76
Total
14,637,874 19
3.729,509 96
Sinking funds (No. 15)
4,046,030 97
2,387,381 60
Land fiT'Aut accounts (No. 16)
417.928 50
522,123 48
Trust funds (No. 17)
2,529,958 66
Improvement fund
Cash & U. 8. Gov't bonds deposited
132,810 00
agalnstbondssatlsfledof mortgage
$580,011,178 36 $325,183,290
Total
880,000 00
Secur. to be Issued for new lines, etc.
but
mortgage
of
Bonds satisfied
Ourrent Assetx
$612,951,335 25
$356,361,543 79
$148.162 45
59,103 81
408.953 59
132,560 70
118,330 00
1.058,169 40
$78,221 03
16,305 53
261,159 16
216,164 57
323,271 75
1,339,347 16
22,918 73
97.587 PO
36,415 00
825,046 88
$5,349,195 46
$3,216,437 60
Total
—
3,337,482 35
13,226 05
73,207 11
Traffic balances
U. 8. Government transportation.
Stocks owned (No. 5)
Bonds owned (No. 6)
Total
Deferred Assets—
Individuals and companies
Land and other property
Unadjusted accounts
Due from Houston
.-
Ourrent Liabilities
Agents and conductors
Loans and bills receivable
Cash
Individuals and companies
Paciflo Improvement Co
Material, fuel and supplies
$560 00
612,165 60
27,864 89
& Texas Central
33,734 34
RR. Co
$312,59147
309,376 50
103,720 51
—
Individuals and companies
Pa(!iflc
47
116,000 00
$581,007,178 36 $325,183,290 47
notpresented
Total
Total
J^wne 30, 1900.
June 30, 1899.
Capital Liabilities—
$267,273,572 00 $185,775.072 00
Capital stock
24,000,00000
Preferred stock
Funded and other fixed Interest244,543,484 73
bearing debt (No. 4)
139,408,218 47
84,584 93
Equipment trust obligations (No. 4)
Three per cent notes favor U. 8.
44,109,536 70
America (No. 4)
$1,170,070 85
12,488 14
Improvement Co
Traflio balances
$47,789
593,769
64,554
20,772
40,500
372,253
03
47
51,166 66
8.'i.600
Coupons matured but not presented
Coupons due July Ist
Interest accrued to June [SOth
Loans and bills payable
Vouchers and pay rolls
Unpaid dividends
Total
Deferred Liabilities—
Individuals and companies
Unadjusted accounts
Taxes assessed but not due
Bluking funds uninvested (No. 16)
180,1 a
1
406,739 13
167,000 00
1,481,802 43
94
64
30
17
00
34
768,390 63
8.418 00
$3,563,446 71
$1,903,030 02
$237,335 94
8,6b7 56
104,124 82
668,474 21
$8,2S1 16
76,900 00
554,150 01
$1,016,602 63
$640,83117
$143,347 46
$70,904 12
262,116 67
171,222 51
1,500 00
41,015 17
Dae from San Antonio & Aransas
Pass. By.
25,416 32
Co
Total.
Proprietary Companies—
Direct Navigation Co
"
Galveston Harrl8burg& San
Ant. Ry. Co
"
Galveston Houston & Northern Ry. Co
••
Gulf Western Texas* Paciflo
Ry. Co
"
Houston AShrevep'tRR. Co.
"
Loulelana Western RR. Co..
•'
Morgan's Louisiana & Texa.s
Due irom
$599,741 15
$766,703 65
$205,831 52
$139,753 49
2,609,042 05
1,411,145 20
"
Proprietary Companies—
to Direct Navigation Co
"
Galveston Harrlsburg & San
Ant. Ry. Co
"
Galveston Houston & Northern Ry. Co
••
Gulf Western Texas & PacifloBy. Co
"
Houston East & West Texas
Ry. Co
"
Iberia & Vermilion RR. Co..
"
Louisiana Western RR. Co..
"
Morgan's Louisiana & Texas
Due
60,674 08
251,31037
35,62132
258,202 63
32,499 81
BR. &S8. Co
N.Y.Tex. & Mexican Ry Co.
Texas «fc N. Orleans RR. Co..
6,033 99
302,549 60
..
"
Total
143,347 19
3,588 98
273,436 67
139.342 84
RR.
Due from Southern
Pacific
Co
$2.225,4«9 81
$11,879,268 12
$5,438,038 10
$65.79146
$114,696 02
151,698 27
Due to
South. Paciflo
39,762 29
65,32065
3,051,460 01
1,829,255 27
$3,646,909 93
$2,225,469 81
$6,800,42736
$1,408.22139
$8,640 00
782,728 02
$54,38191
133,00174
4,045,03097
I2l,b98 SO
2,387,38160
16.895 64
$4,958,397 89
$2,591.660 89
$43,101,86166
$36,696,600 47
$644,094 824 43
$370,654,104 22
Company
110,238 83
72,339 28
Individuals and companies
Unadjusted accounts
..
Principal of deferred payments on
landoontracts
Replacement funds
$248,369 57
$266,394 29
$9,420,004 96
$2,379,51698
$644,094,824 43
$370,654,104 22
Total
and loss (No.
2.490 33
28,676 43
Contingent Liabilities—
Individuals and companies
UnarljUBted accounts
Stocks owned (No. 5)
Profit
35,62132
6,033 99
91,91369
Total
Contingent Assets —
17,838 31
&SSC0
Texas* New Orleans RB.Co.
"
$8,646,90993
56,077 82
New York Texas & Mexican
"
Ry. Co
Total
8 97
12)
Total assets
Total
Profit
and loss
Total liabilities
No. 23.-REVtEW OF TRAFFlC-AIil,
June
Average miles of road operated.
(if 0.12J
30, 1900.
LINES.
June
30, 1899.
Increase.
Decrease,
[Per Cent.
7,54517
7,174-73
370-44
5-16
8,993,269
16,348,722
24,341,991
674,848,56d
142,435,119
817,333,682
108.325
75-04 miles.
"
9 22
33-60
"
$15,852,802-87
7,590,274
14,253,748
21,844,022
537,784,241
132,680,034
670,464.275
93,448
70-85 miles.
1,402,995
1,094,974
2,497,969
137,064,322
9,805,086
146,869,407
14,877
4-19 miles.
18-43
7-68
11^43
25-49
7-39
21-91
15-92
5-91
Passenger Traffic—
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
SO.
31.
32.
33.
34.
36.
Number of through and local passengers carried
Number of ferry-euburDan passengers carried
Total number of passengers carried
Number of through and local passengers carried one mile
Number of ferry and suburban passengers carried one mile
Total passengers carried one mile
Number of passengers carried one mile per mile of road
Average distance carried— through and local passencers
.".
Average distance carried—ferry-suburban
Average distance carried- all passengers
Becei pt8 from paasen gers
Average amount received from each through & local passenger.
$164
Average receipts per passenger per mile— through and local
2-180 cents
Total receipts of passenger trains
$19,068,710 93
Receipts per mile of main track
$2,527 28
..'....'.'..."...'.
Receipts per train mile
$165
Average number of througb and local passengers per train
58 32
,
'.
Freight Traffic—
Tons of commercial frelghtToarrled
Tons of company freight carried
Total tons carried
12,035,685
3,-221.304
»
15,256 989
3,988.46o|i93
Tons of commercial freight carried one mile'."J.'
Tons of company freight carried one mile
Total tons carried one mile
Ton miles per mile
of
7O(i,291,380
road-all freight
Average distance hauled— all freight
Receipts from commercial freight
Receipts from company freight
Total receipts-all freight
Average amount received from each ton -commercial freight...
Average receipts per ton mile commercial freight..
Beceipts per mile of main track-all freight
Receipts per train mile- all freight
Average tons per train- all freight ( per "frain mile)..
Average tons pertraln— all freight (per trafflc mile).
Average tons per loaded oar— all freight
—
'
4,688,761,573
621,424
307-31 miles.
$38,183,673 61
$1,631,927 01
$^9,815,600 52
$3 17
931
"
"
30-69
$13,153,019 94
$1 59
2-248 cents.
$16,254,140 74
$2,265 67
$158
52-26
10,084,854
2,699,267
12,784,121
3,469.787,286
488,370,608
3,957,157,894
551,541
309-54 miles.
$33,039,168 30
$2,014,139 80
$34,994,014 82
-09 miles.
-96
2-91 miles'.
9-49
20-53
$2,699,782 93
314
$0 06
-068 cents.
3 04
17-31
11-56
$2,814,570 19
$261 61
$0 07
6-06
4 43
11-59
19-34
19-34
I,9.'i0,831
522,037
2,472,868
519,672,907
211,920,772
731,593,679
69.883
19-.'U
14-74
43-39
18-49
1267
•07
2-23 miles.
$5,144,565 21
$382.212 79
$4,82'i,58'5"70
$3 27
"$0 10
,
15-27
18-97
la -78
3 05
•957 cents.
•952 cents.
•005 centa,
•53
$5,296 97
$2 51
295-80
241-85
17'00
$4,885 66
$2 33
263-37
224-91
$391 31
$0 18
81 93
8-01
1213
16-94
.86
7-63
&*38
1614
770
:
THE CHRONICLE.
296
No. 5.-ST0CKS
Stocks
COMPANY AND PROPRIETARY
0WNED.-80UTHERN PACIFIC
Owned by Southerk
Pacific
[Vol. LXill.
Pace Yalue of Slock
PACIFIC COMPANY.
In compayiies iv/iose earnings ami expenses are included in the Earnings and
Expenses of tlie Soulhern'Paci/ic Co/npany and Proprietary Oompanies:
Carson & Oolora<lo Ry. O'). -0<ipital 8took
$4,372,000 00
Central Piioltlo Br. (.^o.— Common Capital StooK.
67,275,5C0 00
Preferred
Stock
Central Paoitlo Ky. Co.— Four per cent uon cumulative
12,O0O,OCO0O
(Central Pacific UR. Co.—OapiUd Slock owned by So. Pacific, %bT,o<)S,2oo oo) ..
Galveston Harrlsburg & San Antonio Ry. Cj.— Capital Stock
27,033,906 00
Galveston Houston «fe Northern Rv. Co. Capital Stock.
199,000 00
Houston East & WestT-^xas Ry. Co.— Capital Stock
1,907,300 00
Houston & Shroveport RB. Co.— Capital Stock
397,^00 00
Louisiana Wt'stern RR. Co.— Capital Stock
3,360,000 00
Morsan'8 Louisiana & Texas RR. & 88. Co.— Cajiical Stock
15,000,000 00
New York Texas & Mexican Ry. Co.— Capital Stock
615,000 00
Oregon <fe California RR. Co.— Common 8t ok.
Oregon & California RR. Co.— Preferred Stock
South Paclrto Coast Ry. Co.— Capital Stock
Southern Pacitio RR. Co. (of Arizuna)— Capital Stock
Charged on Books.
and Outstanding
June 30, 1900.
$4,380,000 00
67.27.'=',500
27,084*37'2C6
200,0P0 00
1,9'.0,000(;0
00
00 00
15,000,000 00
630,040 00
7,000,000 00
12,000,000 00
6,000,000 00
40(),0i!0
3,3tO,(
00 OO
00
to
00
00
6.8>i8,800 00
5,000,000 00
19,995,000 00
101,289,160 00
6,888,80 too
5,100,000 00
$289,607,069 00
$280,422,872 00
00
00
00
00
$1,016,000 00
200,000 00
6,fl50,(
Total.
00
12,000,000 CO
11,991,500
6,000,000
19,995,000
100,616,4 69
Southern Pacitio RR Co. (of California)— Capital Stock
Southern Paiitlo RR. Co. (of New Mexico) -Capital Stock
Texas & New Orleans RR. Co.— Capital Stock
Jl
Face Value of
Capital Stock Issued
Company and Phopbietaky Companies.
OWNED BT SOUTHERN
J.
COMPANIES.
In Other Companies
nain & Northwestern RR. Co.— Capital Stock
$1,C08,C00
200,000
300,000
1,100,000
9,598,500
510,000
4,172,100
1,000,000
5.231,400
,
Texas & Northwestern Ry. Co.— Capital Stock
Fort Worth tVi .New Orleans Ry Co.— Caiital Stock
Gila Valley (+lobe & Northern Ry. Co.— "apital Stock
Houston & Texas Central RR. Co.— Capital Stock
Maricopa & Phoenix & Salt River Valley RR. Oo.-Capital Stock.
Mexican International RR. Co.— Capital Stock
Cromwell Steamship Co.— Capital Stock....
B
ral
,
MlsoellaneouB Stocks
Total
,
Welle, Fargo &Co.'8 Express
Total stocks
owned by Southern
Pacific Co.
OWNED BY PROPRIETARY COMPANIES.
Morgan's Lovisiana <£ Texas RB. <£ SS. i!o.:
Direct Navigation Co.— Capital Stock
Gulf Western Texas & Pacific Ry. Co.— Capital Stock...
Iberia & Vermilion RR. Oo.-Capital Stock
Bank,
New
Orleans,
La
Central Pacific Py. Co.
Capital Stock in Colfax & Forest HUl Commercial Co.
Capital Stock in River Transportation Lines
.
Capital Stock in Ogden Union Railway Depot Co
Stocks
Miscellaneous
owned by Soutnern
No. 6.— BONDS
Pacific Co.
$312.727.0R9 00
$237,166,147 77
$1,530,000 00
1,683,000 00
$314,257,069 00
$238,849, 47 77
$845,000 00
$553,597 46
$36,000 00
36,000 00
,
PACIFIC
$1,150.700 00
$315,288,069 00
$239,595,764 51
$331,072,672 00
COMPANY AND PROPRIETARY
Face Yalue.
Co. 4 per cent first mortgage bonds.....
......
Central Pacific RR. Co. 6 per cent first mortgage bonds
Galveston Harrisbure & San Antonio Ry. Co. M. & P. extension second
$1,950,000 00
1,000 00
mortgage income bonds
Galveston Houston & Northern Ry. 5 per cent first mortgage bonds
Gulf Western Texas & Pacific Ry. 5 per cent first mortgage bonds
Houston & Shreveport RR. 6 per cent first mortgage bonds
Oregon & California RR. Co. 5 per cent first mortgage bonds
Ri\ erslde <& Arlington Ry Co. 4 per cent first mortgage bonds
Southern Pacific RR. Co. (of Cal 5 p. o. first consolidated mtge. of 1893..
Southern Pacific Co. 4 per cent bonds (C. P. Stock collateral)....
1,100,000 CO
800,000 00
Total Southern Pacific Co mpany and Pronrletarv Comnanles.
.
National Fire Proofing Qo.— Listed in Pithhurg.—The
company's shares have been listed on the Pittsburg Stock
Exchange, The authorized capital is $1,000,000 each of common and preferred stocks. The "Pittsburg G-azette" says
:
paid In and of the former $500,000. Paris,
$50. The company was chartered in 1889 to manufacture fire proofing materials and underground wire oonduiti made of clay. The surplus is $275,742, and there is no funded or tloating debt. Dividends
of 1% per eent are paid on the preferred stock in January, April, July
and October. The company has five plants— one at Pittsburg, Pa.; one
is
two at East Palestine, O., and one at Revere,
It also controls the product of the International Clay Manufacturing Co. at Perth Amboy. N. J., which has a capital of $500,000.
Transfer office, Carnegie Building, Pittsburg, Pa.; Registrar, Mercantile Trust Co., Pittsburg, Pa. D. F. Henry is President and W. H.
atPort Murray, N. J
;
..
$1,462,500 00
),0C0 00
277,5'00
CO
$8,511,475 00
$6,161,196 80
$163,000 00
25,000 CO
37,000 00
8,575 00
1,000 00
$163,000 00
28,123 78
35,295 62
8,575 00
1 ,000 00
$570,000 00
350,000 00
100,000 00
1,250 00
$370,500 00
350,000 00
100,000 00
1,675 00
............
$1,255,825 00
$1,058,169 40
.............
$9,767,300 00
$7,219,366 20
...........
.......
...........
.
...
Houston & Texas Central RR. Co. 4 per cent general mortgage bonds
Texas Transuortation Co. 5 r>er cent first mortcrafire bonds
......
owned bv Pronrietarv Comnanles
Books.
00 00
10
00
00
00
00
& Depot Co. 5 per cent first mortgage bonds
Southern Pacific Branch Ry. Co. 6 per cent first mortgage bonds
C. P. Ry. first refunding mortgage, 4 per cent bonds.
C. P. Ry. 313 per cent mortgage bonds
C. P. RR., San Joac[uin Div., 6 per cent first mortgage bonds....
Direct Navigation Co. 5 per cent secured note
United States Government 4 per cent bonds, 1925
Charged on
640,000 00
1,334,178 38
152,350 00
414,000 00
81,166 66
1,788,026 76
10,475 00
owned by Southern Pacific Co
Ogden Union Ry.
Of the latter $623,550
COMPANIES.
Designation of Bonds.
Total
300,000 00
744,266 74
)
& Texas
$350,700 00
$1,031,000 00
.
Morgan's Louisiana
RB. &8. S. Co
$329,921,972 00
68,72178
Southern Pacific Company. Carson & Colorado Ry.
Central Pacific Ry. Co
$329,921,972 00
3,617 50
OWNED -SOUTHERN
Total
01)
00
CO
c o
OO
$50,700 OO
500,000 CO
300,000 00
$150,000 00
and Proprietary Companies.
Owned by
)
00
00
2,330 00
80,000 CO
Total Stocks owned by Proprietary Companies
Total stocks
(10
00
00
00
00
$50,000 00
49^,500 00
298,.': 00 00
Total Stocks In Proprietary Companies.
Citizens'
S0(.',000
2,000,000
10.000,000
1,000,000
18,708,200
,000,000
5,274.900
.........
2,224,(
150,000
414,000
100,000
1,762,000
10,475
—
Travelers going abroad who may not know of the
small "Pocket Guide" issued by Messrs. Blair & Co., the
bankers, 33 Wall Street, will be glad to know of the book.
It is excellently arranged and so compact that it can be carried in one's pocket. E. C. Stedman, the poet, was the ediCo. have,
In connection with the guide Messrs. Blair
tor.
by permission of the publishers, compiled from Lieber's
Standard Telegraphic Code such portions as would ordinarily be useful to travelers.
&
—
Mass.
The Chronicle Annual, The Financial Review, will
It contains 180 pages of statisbe ready in about a week.
tical matter covering a series of years, including a monthly
Graham, Treasurer.
ransre of stock and bond prices for five years, and the weekly
copy
range of prices in the money market for seven years,
of the January issue of the Investors' Supplement is bound
in with the Review, making the entire book some 300 pages.
Price is two dollars.
— Stewart Barr & Co.
A
offer to investors National
Salt Co.
trust certificates preferred stock at 115, with a bonus of an
equal amount of common stock, yielding 17 p. c. per annum.
February
THE CHRONICAL E.
9, 1901.]
297
COTTON.
Friday Night, February
L E p1 T O M E
mWeR C Y A Friday
C6
A development
Night, Feb.
.
8, 1901.
that has received considerable attention
in business circles has been the reports of a big MorganCarnegie deal, the outcome of which, it has been enggested,
may be a gigantic steel trust. Business in the market for pig
Iron has been quiet and the demand for steel also has been
limited, which, however, is not unusual at this season of the
year. Reports from the wholesale grocery trade have noted
some improvement in trade conditions; in fact, business
generally has been reported as fairly eatisfactory, with prices
Severe wintry weather
showing considerable steadiness.
has been quite generally experienced throughout the country.
A heavy snow fall in the winter-wheat belt has been
favorable for the fall-sown wheat.
this evening the total receipts have reached 144,435 bales,
against 191,881 bales last week and 171,102 bales the previous
week, making the total receipts since the 1st of Sept., 1900,
5,515,100 bales, against 4,974,060 bales for the same period of
1899-00, showing an increase since Sep. 1 1900, of 541 ,040 bales.
,
at—
Sat.
Tues,
Wed.
Galveston
6,676
10,162
6,233
7,140
5,787; 41,516
Sab. Pass, &o.
New Orleans...
8,784
8,011
9,601
5,417
6,694
99
8,787
1,540
23
861
27
2,951
3,914
4,984
4,802
2,606
302
276
76
121
45
1,217
715
662
376
450
783
524
779
698
1,031
2,142
1,197
956
807
2,060
1,597
1,280
1,051
1,881
80
85
Beeeipls
Mobile
Pensaoola,
Thurs.
Pork
toB.
hhds.
bags.
bags.
mats.
Tobaooo, domeBtlo
Ooffee, Brazil
Coffee, other
Ooffee, Java, &o....
Bagar..
Bagar
Molasses
Hides....
1901.
bbl8.
Jjard...
hlids.
bags, &o.
bhds.
No.
Oottoa
EoBln
bales.
bbls.
bbls.
bbls.
aplrlts turpentine
Tar
Bloe, E. I
Bice, domestic
bags.
Linseed
bags.
bags.
bbls.
Baltpetre
Jute butts
Jan. 1,
1901.
Feb. 1,
............bales.
bales.
MaoUa hemp....
bales.
Blsal hemp
bbls. and sacks
Flour
Feb.
1900.
2,639
7,886
9,200
6,820
638,054
105,235
143,772
None.
None.
None.
71,000
85,589
35,976
3,282
877
885
8,400
4,900
None.
2,600
5,100
5.300
7,032
11,792
4,130
488,841
75,442
147,936
None.
None.
None.
14,600
145,190
35,3ii6
100
5,777
3,364
98,900
1
6,208
14,121
4.500
502,162
49,59H
None.
2t,092
None.
31,900
12^.751
37,469
2,355
1,«60
2,200
5,600
None.
6,700
1,500
None.
3,400
100
11,182
200
2,709
104,000
<fcc.
Savannah
Lard on the spot has had a moderate sale, there being some
baying by refiners and exporters prices have been well
maintained, closing steadv at 7 75c. for prime Western and
Refined lard has been quiet and
7'3^c. for prime City.
steady at 7'90c. for refined for the Continent. There has been
only a limited speculation in the market for lard futures.
Receipts of hogs have been limited, and there has _been an
;
absence of aggressive selling. The close was quiet.
DAILT OLOSINO PHI0B8 OF LARD FUTUaEa.
Mon.
Tues.
Wed.
TKurs.
Fr\.
Holiday. 7*80
7-75
7-75
7*30
';'75
8at.
February
Oharleston.....
WUmlngton....
Wasb'ton.&o.
Norfolk
N'p't
Total.
I
1,875
46,294
463|
3,003
1,263
1,263|
3.119j 22,376
3,698
3,698
166
21
28
985
21
Pt. Boyal.&c.
New York
Boston
Baltimore...
fhUadel'a, Ae
6
8,448
267
246
394
823
798
79
News, Ac.
347
4,142
246
8,713
5,817
798
250
week 24,141 23,043 28,353 25,103 19,089 24,706 144,435
The following shows the week's total receipts, the total since
Tot. this
8ept.l,1900,
and the stock to-night, compared with
1899-1900.
1900-1901.
Beeeipts to
Feb. 8.
2.567
96,7tO
Fri.
1,8751
Brunsw'k.&c.
stocks of Merchandise.
8, 1901.
The Movement of the Crop, as indicated by our telegrsms
from the South to-night, is given below. For the week ending
Since Sep.
1, 1900.
This
week.
41,516 1,518,519
Sab.P.,&o.
1,875
32,898
Sew Orleans 46,294 1,808,158
3,003 104,370
MobUe
P'saoola, &o.
1,253 104,555
Savannah... 22,376 816,659
79,188
Br" wick, Ac.
3,698
985 197,162
Oharleston..
21
722
P.Royal.&c.
Wilmington.
3,448 225,818
Galveston...
Wanh'n,
607
302,549
30,476
80,283
154,139
44,267
14,830
<bo.
TMs
week.
Stock.
Since Sep
1, 1899.
1901.
48,143 1,454,972
9,723
68,200
57,878 1,341,194
6,667
160,135
9,146 105,916
41,800 818,474
4,031
81,936
10,149 202,401
••«•
1,212
5,962 235,558
27
last yea).
1900.
171,467
189,223
367,111
32,468
418,772
39,789
118,956
5,€09
8,572
136,639
4,108
25,608
5,711
16,223
•
••«<••
......
740
24,438
45,391
Pork has continued to meet with only a small jobbing sale,
246
450
N'portN.,&o
8,502
for
mess.
Cutbut prices have held steady at $13 75@14 50
152,122 117,840
8,713
meats have had a limited sale at firm prices. Tallow has New Yotk...
76,000
43,000
6,817
been quiet and prices have weakened to 4^c. Cotton-seed Boston
798
576
13,814
14.908
Baltimore .
oil has been dull and easier, closing at 30@30i^c. for prime
827
250
3,105
8,383
Phlladel.Ao.
yellow. Butter has been in fair demand and steady. Cheese
has had a fair sale at unchanged values. Fresh .eggs have
Totals
144.435 5,515,100 212 421 4,974,060 979,813 1,066,366
been in fair supply and easier.
In order that comparison may be made with other years,
Brazil grades of coffee have been firmer. There has been
(vegive
below the totals at leading ports for six seasons.
extensive buying by strong interests, absorbing much of tbe
surplus stocks, and despite a continued full crop movement Receipts at— 1901.
1897.
1896.
1900
1899
1898.
prices have advanced. The distributing business has been
33,341
40,126
19,482
57,866
29,595
very moderate. 'The close was quiet at T^a. for Rio No. 7. aalve8'n,&o. 43,391
West India growths have been in moderately active demand New Orleans 46,294 67,878 36,198 74,276 32,929 38,0S2
10.849
7,930
4,082
6,667
5,042
3,003
and firmer, closing at 9c. for good Cucuta. East ladia Mobile
12,118
13,865
growths have been dull and unchanged. Speculation in the Savannah... 22,376 41,800 15,459 22,146
market for contracts has been fairly active, with shorts buy- Oh M'ton, &o
6.597
10,149
2,482
8,643
5,159
.1,006
4,142
srorfolk
ing to cover contracts, fearing manioulation in the near-by
The close was easier. Tne followiog are the
deliveries.
closing asked prices:
5-eOo. iMay
5'70o. Sept
6'gOo.
Feb
5-850.
March
5-60o. June
5*70o. Oct
6-OOc.
April
5'75c. Deo
5*65o. July
Raw sugars have been in moderate demand, and with only
limited offeringsjprices have held firm at 4J^c. for centrif-
301,767
21,624
22,413
59.642
64,760
33,116
13,373
791
148
3,180
1484
11,783
3,829
9,713
478
23,958
346
347
17,908
30,939
15,468
1,700
8,697
1,376
14,003
212,421
126,479
200,866
119,423
106,446
6,989
13,373
Wilm'ton,dio
Norfolk
N. News, Ac.
3,448
4,142
246
791
All others...
20,529
Tot. this wk.
144,435
2,951
8,742
I
I
ugals, 96-deg. teat,
and 3%c. for muscovado, 89 deg.
test.
Since Sept. l 5515,100 4974,060 6990,614 7011,853 5770,880 4255,157
The exports
for the
week ending this evening reach
a total
Refined sugar has been moderately active, closing firm at
5'503. for granulated.
Tea 3 have been firm but quiet.
Kentucky tobacco has had a fairly large sale in the Western markets at firm prices. Seed leaf tobacco has been quiet.
Sales for the week were 1,585 cases, as follows
135 cases
1900 crop, New England Havana seed, 25@80c.; 400 cases
1899 crop, Pennsylvania seed, 12J^@13c.; 400 cases 1899 crop,
Zimmerd, 15@16j.; 500 cases 1899 crop. Wisconsin Havana,
10@12c., and 150 cases 1899 crop, Gebharts, 13i0.; also 800
bales Havana at 37@92j. in bond and 150 bales'Sumatra at
80c.@.f 1 GO in bond.
Business in the market for Straits has been moderately
active and prices have held steady, closing at 26'15@2G-45c.
Ingot copper has been unchanged and steady at 17c. for
Lake, Lead has been quiet and easier, closini? at 4'373^c. for
domestic. Spelter has weakened to 3'90@3"93c. for domestic, closing dull.
Pig iron has been quiet .and irregular,
of 93,351 bales, of which 43,473 were to Great Britain, 7,934
to France and 43,044 to the rest of the Continent. Belcw
are the exports for the week and since Sept. 1, 1900.
closing at $13@1C 50 for domestic.
Refined petroleum has advanced, closing at 7 "800. in bbls..
5'25c. in bulk and 8'85c. in cases.
Naphtha uachan^ed at
9*55c.
Crude certificates have been firmer, closing at $1 28.
Credit balances have advanced to |1 25. Spirits of turpentine has been quiet and easier, closing at 40@405^.2C. Rosins
have been dull at $1 65 for common and good strafned. Wool
has had a small sale at lower prices.
Hops have been quiet
but steady.
Hortolk
N'port N., 4o..
Mew York....
1.380
Boston
3altlmore
4.483
8,qC8
:
W$tk Sndins feb. 8.
MxporUA to—
Exportt
from—
er$at
France
Brtt'n.
lialvetton
Sab. Pass, Ac.
New Orleans..
18.580
7,162
1901.
1.
1900, to Feb. 8. 19C1.
Bxvorltd to—
ertat
Oonti. lotal
France
nsnt. We*k. Britain.
35.195
635.6S0 216,4:5
S3S.601 1,190,7C6
9.651
15.6c3
697,732 223.103
180
6?0
7,751
7.761
427.798 1,248,638
14.576
43,400
31.782
86.224
Si 6,916
601.256
18.606
4S.168
28.833
600
SaTannah
4,680
4,530
136.389
e.SS'l
78.846
188.461
888
1,800
25J
944
250
5,607
7,05 i
17.411
12t>,M9
811.807
•,688
si.sei
850.774
831.740
C44
Philadelphia..
jaD8'ran.,Aa..
Total
Total. 188S4)0
42.473
7.834
22,049
12,a?l
83,899
66.6j6
6.891
172
39.211
133.441
36,552
17.3C,»
69.673
Charleston....
Port Boy al....
WUmlnKton...
2et«i
ntnt.
17342
6,012
Pensaoola
....
OonM-
11,153
MobUe
Bmnswiok
Irom at9t.
3960
14.840
107.C75
2t0
4.673
229 996
s.ise
6.794
64.818
8.060
1.7 5S
se.Tts
901
3,S76
3.876
8,618
13.277
43.041
93.351 2,053,648
4P0,.'5?3
l,64^656
ei.6ao
8.861
isjBgs
4
0M.8CT
S9.1i8 161,t9kl 1.8J8.20i 63S.120 l,6<'5,Si7 3 JS1.6S9
.
«
„
.
i
«
e
.
.
THE CHRONICLE.
298
In addition to iibove exports, our telegrams to-night aUo
g^ve U8 the following amounts of ootton on shipboard, net
cleared, at the ports named,
add similar figures fc r
New York, which are prepared for our special use by Messrs
Lambert & Barrows, Produce Exchange Building.
[Vol. LXXII.
FuTUBES.— Highest, lowest and closing prices at New Y ork>
We
ON SHIPBOARD, NOT CLBABED FOK—
Feb. 8
Leaving
at-
Other Ooattr
OerOreat
Britain Fr'nee many. For'gn wise.
w
•
•
1.
ttoek.
H»»' 8)i«~£3ij. Woo,
•
•
I
«.
I
»«
ta:
n.
fl'ta
I
I
•
r*»'
w
«•
'*>:
**
="
w
:
I
Totca.
Qt
New
5,942 11,472 2,175
18.'237 11,839 15,139
6,200 >••• 5,000
Orleans-
Galveston
....
Savannah
9,764
50
8,215 17,014
8,800
29,403
67,444
20,000
337,708
104,013
"ebo
600
7,972
27,818
16,438
Charleston...
"l50
Mobile
Norfolk
New York
4,506
2,600
10,000
Other ports
Totall901..
i',272
"206
6,000
3,000
4,650
8,000
3,472
19,000
8,606
42,829 23,311 34,086 26,979 25,664 152,569
"AvanoH"
98.9.56
ts
M«a
148,6.^0
85,689
tD«C
-aw
id
827,244
oooD
©O
^o
311
69,932
50.925 18,138
88, 225
27,674 186,142
46,033 207,189
92,(393
Speculation in cotton for future delivery has been quiet,
the trading being largely of a professional character. The
fluctuations in prices have been within a narrow range, with
no decided tendency, reflecting the uncertainty existing as
to the probable future course of prices, The movement of
the crop fcr the week makes a poor comparison with the
same period laBt year, when the receipts were unusually
heavy for the season, and reflected the free buying by foreign
spinners, who had been holding off under the false impression that the crop was a large one. As compared
with previons years, however, the movement was fairly
full.
Advices from the South
report
continue
to
holders generally firm, and there were many iatimations
that considerable cotton is being held back. On the other
hand, however, it is claimed that spinners, particularly domestic, are poorly supplied with cotton; still, with a contmuance of the present unsatisfactory trade conditions in
cotton goods, it remains to be seen whether spinners will
come into the market as freer buyers, particularly with
prices maintained on their present basis. To- day there was a
dull market. The opening was at a slight advance in response to stronger advices from Liverpool. During the day,
with no aggressive trading on either side of the market, prices
held tteady. The close was dull with pi ices 3 points higher
to 4 points lower for the day. Cotton on the spot has been
dull and slightly easier, clcsing at Q^c. for middling uplands.
The rates on and off middling, as established Nov, 31, 1900,
by the Revision Committee, at which grades other than
nilddllng
may
Fair
fillddllng
itrlot
Fair
be delivered on contract, are as follows.
0. 1^6 on Strict Good Mid. Tinged. 0. Sigon
% on Good Middling Tinged
Even
Good Middling
i« oil
i«on Mlddllns; Tinged
B^gon Strict Low MlddllngTlnged Sg ofl
Sigofl Middling Stained
13 ofl
'le off Strict Low Mid. Stained.. l»e ofl
liflofl
h off Low Middling Stained
QoodMlddllng
Low Middling
Low Middling
gtrlot
Strict
.
Good Ordinary
Good Ordinary
l^ieofi
On this basis the official prices for a few
week— Feb. 2 to Feb. 8—would be
of the grades for
as follows.
the past
UPLANDS.
Sat.
mon Tnee
Good Ordinary...
Low
813,6
©
Middling....
Middling
Good
Middling....
Middling Fair
GULF.
Sat.
Good Ordinary.
Low
8II16
9Bl6
95,
9%
9^
9%
101,
101,
101,6
1058
101-2
lOifl
lOifl
10 la
Mon Tne»
91,6
9iMe
Si"*'*
99 6
10i«
10
107,9 105,8
lOTg
10%
Good Middling..
Middling Fair;..
STAINED.
Sat.
9%
loi,e
n
Middling
95,
103,
o
Middling...
8iiie
95,6
TM. Frl.
8" 16 ~8il~16
Hired
Tk. Frl.
IXTed
81516
99i8
8i6ie
9»16
10
10B,e
10%
1
8 6.e
99,6
10
10
100,6
105,6
10%
10%
Mon Xnea Wed
Tb,
Frl
8I4
8I4
914
938
814
9>4
938
9%
9%
Low
Middling...
HoliMiddling
Strict Low Middling Tinged... day.
838
938
9i«
Rood
9''8
MidrtllTiffTlnjited
9k
938
9%
8I4
914
9%
9%
middling upland at New York on
Feb. 8 for each of the past 32 years have been as follows,
The quotations
for
9%
1893
0. 9^16
1885 ....0.11%
1877....0.12%
1892
1884
1876
1216,6
10%
7H
914
1891
1883
1558
1875
lOH
1890
113,6
1882
1874
16
ll's
10i«
21i«
1889
1881
1873
11316
1888
2388
1880
13
1872
109ig
9»«
1887
1879
1871,..., 1514
99i6
9i«
2514
1886
1878
111,6
1870
1,1874, grades of cotton as quoted were changed.
According to the new classification Middling was on that day quoted
360. lower than Middling ot the old classification.
1901. ...c.
1900
1899
1898
1897
1«96
1895
1894
888
67i8
6iie
714
8I4
558
8
Note.—On Oct.
MARKET AND
Spot Mabket
OLOSBD.
SALES.
FUTUEES
Mabket
Closed.
Saturday
Monday.. Quiet at ig dec. Quiet Ast'dy
Tuesday... Dull at ifi dec... B'rly steady.
Quiet &st'dy
Wednes'dayDull
.Quiet
TliuT8lay..iSteady
Quiet
DulL
Friday
Total.
Sales of Spot
& oontbaoi.
Ex-
Oon-
Con-
port.
iump.
tract.
HoU
Total.
day...
304
304
"50
"56
3,411
3,411
3.765
3,765
I
CO
CO
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coco
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tow
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ccoo
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0101
coco
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tcto
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tots
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tow
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coco
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9
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&
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6} to
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coco
tots
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6
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19
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t<3to
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to
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I
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tow
coco
COlU
CO
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00
6
w
I
0900
ccco
0:03
cto
'
9
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o>t-
MtO
QOQO
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w
I
coco
M(0
n CO
«M MM
CDCO
00
Id
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I
coco
01^
d
W
9
d
'
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CO
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'
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CO©
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CD
CD
0000
t-O
<IGD
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ooco
I
00
CD
~i
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MM
00 00
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c66
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coco
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d
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co<c
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IS
-»<!
coco
00 00
mo
o MM
coo
880,224
743,153
00 CO
MOO
IS)
00
Total 1900..
Total 1899.
90 CO
e.
I
I
'
O
9
i
CD
"
to
M
d
^
CD
I
9>
CO
1^
to
CO
to
w
to
to
CO
w
O
to-night, as made up x>y
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening
But to make the total the complete figures for to-night
(Feb. 8), we add the item of exports from the United States,
IncludJng in it the exports of Friday only.
1899.
1898.
1900.
1901.
640,000 1,754,000 1,140,000
stock at Liverpool
bales. 779,000
The Visible supply of Cotton
4,000
3,000
2,000
12,000
Stock at London
Total Oreat Britain stock. 791,000 642,000 1,758,000 l,14S 000
7,000
21,000
19,000
Stock at Hamburg
15,000
Stock at Bremen
229,000 238.000 401,000 324,000
3,000
3.000
2,000
Stock at Amsterdam...
300
200
300
200
Stock at Rotterdam
7,000
9,000
5,000
4,000
Stock at Antwerp
260,000
154,000 256,000 335,000
Stock at Havre
4,000
4,000
4,000
3.000
Stock at Marseilles
68,000
48,000
90,000
58.000
Stock at Barcelona
39,OCO
56,000
44,000
16,000
Stock at Genoa
5,000
11,000
3,000
5,000
Stock at Trieste..
888,200 717,300
484,200 651,300
Total Continental stocks
Tetal European stocks. ...1,275.200 1,293,300 2,646,200 l,8e0.300
50,000
24,000
90,000
India ootton affoat for Europe 122,000
Amer. ootton afloat for E'rope. 453,000 520,000 631,000 613,000
60.C00
62,000
36,000
39.000
Egypt, BrazU,<fec.,afit.f or E'pe
Stock in Alexandria, Egypt. . . 180,000 198,000 274.000 269,000
393,000 a46,000 39H.0O0 240,000
Stock in Bombay, India
Stock in United Slates ports.. 979,813 1,066,366 950.342 1,290,938
558,555
Stock in U. 8. Interior towns.. 735,243 656,649 531,000
31,020
24,665
24,254
10,049
Onlted States exports to-day..
4,201,510 4,176,364 5,588,562 4,966,458
Total visible supply
Of the above, totals of American and other descriptions are as f ollowa:
American—
687,000
448.000
American afloat for Europe... 453.000
979,813
Dulted States stock
United States interior eto6ks. 735,2*3
24.254
United States exports to-day.
3,327,310
Total American
East Indian, Bratil, die.—
92.000
Liverpool stocfc
12.000
London stock
36,200
Continental stocks
122,000
India afloat for Europe
39,000
Kgypt. Brazil. Ac. afloat
Stock in Alexandria, Egypt... 180,000
393,000
Stock in Bombay, India
874.200
Total East India, Ac
3,327,310
Total American
4,201.510
Total visible supply
6i5,9d.
Middling Upland, Liverpool.
9%C.
Middling Upland, New York.
S^ied.
Egypt Good Brown, Liverpool
7'7ied.
Peruv. Bough Good, Liverpool
5381
Broach Fine, Liverpool
51 led.
Ttnnevelly Good, Liverpool
Uverpool stock
.bales.
Continental stocks
.
524,000 1,637,000 1,015,000
623,000 839,000 682,000
520,000 634.000 613,000
1,066,366 950,342 1,290,938
656,649 531.000 558.555
10.049
24,665
31,020
3,400,064 4,622,362 4,184,158
117,000 125,000
3,000
4,000
35,300
49,200
50,oOO
90.000
60,000
36,000
274,000 269,000
396,000 240,000
966,200 782,300
3.400,064 4.622.362 4,184.158
4,176,364 5,588,562 4,966,458
116,000
2.000
28.300
24.000
62,000
198.000
346.000
776.300
5S3od.
89i60.
89ied.
7^6..
5d.
3iis2d.
67i8C.
5h<^A.
6%d.
3i3sad.
3J4d.
31133d.
640.
4>fld.
fi'ed.
SSsd.
3ifld.
4%d.
(^~ Continental imports past week have been 106,000 balesThe above figures mdicate an increase in 1901 of 25.146
bales as compared with same date of 1900, a loss of 1,387,052
bales from 18S9 and a decline of 764,958 bales from 1898,
February
THE CHRONICLE.
9, 1901.]
AT THE INTERIOB TOWNS the movement—that is the receipts
for the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
Quotations fob Middunq Cotton at Otheb Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each dav of the week.
oorresponding period of 1899-1900— is set ont in detail below.
nsno
a>
OB
o
9
tp
a
» » -
Feb. 8.
Hon.
Tue$.
938
Mobile
Savannah...
9^16
96,8
9ie
938
Charleston.
9^
93,8
938
9I4
Wilmington.
Norfolk
BoBton
Baltimore .
95,,
938
9°ia
938
95, a
9^6
938
9*8
95ie
938
9 'a
9'8
9^
9^
9^
9\
9^
9\
Satur.
Wednet.
TKurt.
a 2.*
a
09
o."
OLOSIHQ QOOTATIOIfS FOB KIDDLIKG OOTXOH OM —
Week ending
2»»
299
Bsr» O
O
r
ttalveaton...
New Orleanfl
fisgj
80<^
o
n
poo
M
Si
•
«
2^
oS
i>-o
o;
.
Philadelphia
Augusta
n
St.
osV' CO I- m'-j to
o tc ta%
e>>
to
« l^ o tc -i
os eoi&. » os o> m^i w co -^
Lonle....
Cincinnati..
i-«'>i»cj<»ao*'*.^i-»uit-'Coccto*»oD'-'0>-'xo3»oo<<e-)coy>tccECo
I^OVtOl^l('r-'(SM-lC;<l-'aOWI«>C005r-MOO>4tOC)ICCOCno:a<nxit^
LODlBVllle...
938
939
938
958
958
The closing quotations to-day (Friday)
(A)->c;<M)->^co«ao<i->cxk3co
Oi(^to>i^
I^CPb5O0JH'w05*>'0SI-"£t0 00 OD W OS^ oo '^t^i^^S'^^S'^^'S'^i''?^
Aithena
w
w
O
M^ar'wtoMMciL>4oaoMAOa<toii^i->cotococoa(oi-'t90M#''^
o
«flb0C0t3
c^
^^«o-^M;
CO I-
to
tOOO-'l-'
C»
O If CO f- «• to
CO'-'f-'tO
CCaDO»-JODC<JtOOODCOC005ia<IO>tOOCtOCOtOa5
i^flotOif->-'i*'^i*»h-'to^o'ioc;'CO>-'C»<r. Ot-3te
C0U<Ui^09C0OA<)- (Ocots)cotocncoi(^^c;iaocoAai^c;iai<s»'aoo
Moi
H
to
M
M«a
10
o<
M
fe
co coos to
05
^tO^Jit-OJOOtOCtOeOOCOO-. Cl'0<X.<I#»COQDtO^CO*tOtCtO^Ol-'
M~ac;<c;>aitkC»05t-'toitkOaD'-MMCOi(^oD--icocoi;'ao»)i-'»-'c;>toa5to
OI
CJI
M
M
OS
M
to
WO>Kk»l to H" -^ M H" 05 05 -J 0» 60 O" It' I&- |(k i^ i^ O CO tX tO CD If 0: |U f
WO0aD^Q0<100tOlfU' tO_tO_COjD_tO «'_t0JX O0_CO W_tOjJ C^ W_e 00 CD a 00 w
^3.
VaoV^'<i'<i»w'<iuieoTf''>i^co to'x wcDtocDoc'cx co<ioootcV tf^to
too6i-«o'-4too>ifto~3tootstO'^ooao^i05K;~jo;roifOCxoc;i<>-u;o
tOCO-1<D0505^lfl->tOlfCOCOCOtOC;<tOt90'^05ti3^tO>->UiCCCOaOO)
I-"
to
^ 'o w^j^i^j^i"*^
*•
10
9I3
938
938
y^
988
958
9H
10
9J9
938
938
938
958
388
at other importait
I
Atlanta
Charlotte
9i]8
938
Oolnmbna. G(a.
9
Oolumbus.Mlsa
Enfanla
Uttle Rock
Montgomery...
9
Nashville
9i«
Natchea
9i«
9118
I
9
telegraph from the South this evening indicate that there
has been rain in most districts the past week and that in a
number of localities the raicfall has been rather excessive,
interferiDg with the marketing of cotton. Some correspoaddnts state that preparation of land for the next crop has also
been retarded.
Oalveston, Texas. Rain has fallen on three days of the
week, to an inappreciable extent. Average thermometer 57,
highest 66, lowest 48.
Abilene, Texas.— We have had rain on t;vo days during the
week, to the extent of fourteen hundredth- of an iuch. The
thermometer has averaged 40, the highest being 54 and the
lowest 26.
Corpus Christi, Texas, There has been rain on three days
the past week, to the extent of twenty six hundredths of an
inch. The thermometer has averaged 6a, ranging from 50
—
^ ^i^^i^i^^i^^S^
M CoV on C" ksV-O ai"'^ OV to W 05 to 05 05 M o> o"to a^ to
O
tsiotsOQo-JOt-'^itoi-'-jcDO'00>-totocotoo5»aaif«atDOiftoo
j(o<i
00 0>
9k
—
05I-'
c;<ca>->
o'>-'0JOif K)C6®cc"I-'>-«cooc)if».(»oice^ioaDco«a'IifcC0
918
938
Raleigh
9H
Si^ig
9k Shreveport
Weather Reports by Telegraph.— Reports to us by
osbioDcoKJOsco'oi-'MOj'ooeoao •alp-too'OMO-iocooi'oco To "(otaoocoos»a*>-ac«qwks-'020iOi^at>>-i-'i-'"OCcaio^it-_.OMc;
aoocoM
9^
FH.
938
914
91«
93a
Southern markets were as follows.
oa9U<(stooiKia:''a'd
-^ CO rt^olfc 1^ o< c;i to to co to w
CO*;' Co"'' -J
cj> at) CO
'V *^"to CO O!
h'aiCTiCntco-Kjtoc;'u;c^i«>-o-^cocoi«jCO»JO<«-4C»:aoi(iOto(CH'OOto
-Jtooi-'aDOtocop-'if'>-**^o:c;'aoiiktDcc^^ci>o>— .^oj^Jit'-^toto*^
MO
938
10
97,«®i«
9>«
938
97,«
95,8
958
958
938
9'a
95,a
989
9»8
Houston
tOH
CO
10
9'fl
Memphis
CO
9a,
10
10
10 19
^
^
938
914
9^8
938
914
CJ"
to 74.
Paltstine,
a>U1C30MaO-J*4tOCOCOtOCOOCKCOCOCO~JOCOCOh'IOCOa5000503QO
O
05
M
COtOtOl-'
"-•
tOM
MCOl-'l-'
CO
'-'
ifOJMtOKlO^-COM; JOj:' "* W C^ C>' CO^^ *^,C|* •^ J^'Jf W 00 tO^M
MM^^JOOCnlf WO"" 'cOW^ato'tO J3 wlo'V'CTC w'-J'te*' Co'toV'^M
tOtO<I>-'»-h-W>tC*<J C005'^''j'CO'f|fODO-JCOI-'»AflcCOif-'tOirODO
a 0~4
WCOtOH"-'«JtO — to- OiCOQO^tOCClfOOCnO'-'COCJ M V i&
The above totals snow that tne interior stocKS nave decreased during the week 17,719 bales, and are to-night 78,594
bales more than at same period last year. The receipts at all
towns have been 7.845 bales less than same week last vear.
if*-
if*,
I
We
Texas,—
have had rain on three days during
the week, the rainfall reaching seventy four hundredths of
an inch. The thermometer has ranged from 33 to 60, averaging
46.
San Antonio, Tetcas.— There has been
rain on four days
during the week, the precipitation reaching thirty-two hundredths of an inch. Average temperature 56, highest 70, lowest 42,
New Orleans, Louisiana. — We have had rain on two days
OvEBLAND Movement fob the Week and Since Sept. 1.— the past week, the rainfall being oae inch and forty-two
We give below a statement showing the overland movemei t hundredths. The thermometer has averaged 54.
Shreveport, Louisiana. — There has been rain on four days
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending during the week, the precipitation reaching one inch and
sixty nundredths. The thermometer has averaged 48, rangFeb. 8 and since Sept. 1 in the last two years are as follows
1900-1901.
February
8.
Week.
Since
Sept.
ing from 32 to
1899-19C0.
1.
Week.
Sinet
Sept.
1.
HMpped—
Vladt. LonlB...,^.
..
20,620
6.552
676,605
174,845
19,013
8,781
319
Via Rook Island
VlaLonlsvUle.... ...
Via Cincinnati
Via other routes, &o.
2.123
6,003
4,910
11,9: 6
6,799
49,238
102,995
65,648
2U3,372
249
250
VlaOHlro
VlaPadnoah
Total grroBB overland
3,621
2018
9,792
684,368
164,j?4
9,085
U.418
180,247
109.341
202,473
52.503 1,278,402 43,724 1,311,466
Deduct thipmenls—
Overland to N. Y., Beaton, &o.
Between interior towns.
...
Inland, <Sco., from Soatta
Total to be deducted
^
15,578
2,763
1,855
293,519
4,731
4,791
1,559
179,931
62,430
65,818
10,196
411,976 11,081
308,179
H5,fc93
32,764
Leaving total netoverland*.
82.307 866,426 32,8431,003,287
* Inclndlnx movement hy rail to Oanada.
The foregoing shows that the week's net overland movement
this year has been 32,307 bales, against 3'2,643 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 186,861 bales.
1899-1900.
1900-1901.
In Sight and Spinnere'
Taktngt.
Wtek.
Receipts at ports to Feb, 8
Wet overland to Feb. 8
Soathem consumption to Feb.
Total marketed
Since
Sept.
1.
Week.
Since
Sept.
1.
144,435 5,515,100 212,4214,974,060
32,307 866,426 32,643 1,003,287
29,000 650,000 30,000 671,000
205,742 7.031 .526 275,064 6,648,347
- 17,719
690,61Gi*36,3Sl 413,466
,
interior stocks In excess.
Game Into sUht during week. 188,023
238,683
i7,061,813
Total In sight Feb. 8
7,722,142
North'n Bplnnera tak'ga to Feb. 8
54,776 1,358,077 64,5471,730,018
- Decrease during week.
Movement into sight in previous years.
1899
1898
1897
1896
bales. 105.057
:
248,408
146.540
116,490
1898-99
1897-98
1896-97
1895-96
Sinte Sept. 1
bales. 9.009.427
8.959,089
7,218. t;31
5,776,462
64.
—
Columbus, Mississippi. It has rained on three days of the
week, the precipitation reaching two inches and forty-nine
hundredths. The thermometer has ranged from 30 to 66,
averaging 48.
Leland, Mississippi.— Hsiin has fallen during the week to
the extent of two inches and six hundredths. Average thermometer 45-7, highest 72 and lowest 27.
Vicksburg, Mississippi. We have had rain on four days
the past week, the rainfall being three inches and seventyfour hundredths. Rain has retarded preparations for the next
crop. The thermometer has averaged 49, the highest being
67 and the lowest 37.
Little Rock, Arkansas.
There has been rain on three days
the past week. The rainfall reached eighty- one hundredths
of an inch. The thermometer has averaged 46, ranging from
—
—
28 to 64.
—
Helena, Arkansas. It has rained on four days during the
week, the rainfall being one inch and forty-three hundredths.
The thermometer has ranged from 31 to 66, averaging 42 6,
Memphis, Tennessee. There is an active demand for plantation mules, but not much progress has been made in preparing land for ihe next crop. Rain has fallen on tbree
days of tbe week, to the extent of one inch and twtntyihree hundredths. Average thermometer 41, highest 65 and
lowest 28.
Nashville, Tennes<-ee. There has been rain during the
week to the exteat of one inch and forty hundredths. The
thermometer has averaged 42, the highest bei ng 62 and the
—
—
lowest
22.
—
Mobile, Alabama. There has been rain on two dajs the
past week, to the extent of sixty-nine hundredths of an inch.
Farm work has not made much progress on account of wet
weather. Scarcity of labor is complained of in some sections.
The thermometer has averaged 50, ranging from 33
to TO.
Montgomery, Alabama.— It has rained on three days of the
week, to the extent of one inch and nint^ty-three hundredths.
Rain has intertVred with farm preparation. The thermometer has ranged from 31 to 62, averaging 46.
Selvia, Alabama.— We have had rain on four days the past
week, the precipitation being two inches and forty hundredths. Average thermometer 46, highest 57 and lowest 32.
.
THE CHRONICLE.
300
—
LVoL. LXiii.
Madison, Florida. There has been rain on three days daring
the week, the rainfall being two inches and sixty hundredths.
The thermometer has averaged 53, the highest being G6 and
the lowest 34.
Augusta, Georgia. There has been rain on two days of
the week, to the extent of one inch and ninety-five hundredths. Rain is impeding outdoor work. The thermometer
amppiNQ «EW8.— As shown on a previous page, the
Bxports of cotton from the United States the past week have
reached 93,351 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
44, ranging from 2? to 60.
Savannah, Georgia.— Rain has fallen on three days of the
week, to the extent of eighty-four hundredths of an inch.
Average thermometer 49, highest 66, lowest 34.
We have had rain on three
'i^^iCharleston, South Carolina.
days the past week, to the extent of seventy-one hundredths
of an inch. The thermometer has ranged from 32 to 66,
1,046
—
—
47,
Stateburg, South Carolina.— The weather has been moderhave had rain on one day,
ately cold most all of the week.
to the extent of ninety four hundredths of an inch. Average
thermometer 43, highest 60, lowest 35.
Greenwood, South Carolina.— It has rained on two days of
the week, the precipitation, however, being two inches and
sixty-three hundredths. The thermometer has averaged 38,
the highest being 49 and the lowest 28.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock Feb. 7, 1901, and Feb. 8, 1900
We
Feb
Feb. 7, '01.
Feet.
6-5
Feet.
New Orleans
Above zero of gauge.
Above zero ol gauge.
Above zero of gauge.
Above zero of gac ge.
Above zero of gauge.
Memphis
Nashville
Shreveport.
VloksbuTg
6-7
9-8
20
76
42
170
18-3
1900-1901.
Since
Week.
Bombay
1899-1900.
710,000
60,000
561,000
33,000
For the Week.
from Sept.
1
Sept. 1.
80,000
765,000
Since September
Great
Continent.
Britain.
Total.
Oreai
Britain.
Continent.
29,000
34,000
9,000
9,6o6
2'6od
253,000
26.000
141,000
93,361
Sales of the
i',6oo
i',000
2,000
1,000
2,000
8,000
6,000
14,000
10,000
7.000
16,000
7,000
9,000
1,000
14.000
16,000
1,000
16,000
36,000
315,000
46,000
228,000
Madras—
1900-01
week
Actual export
Forwarded
Total stock— Estimated
Of which American- Est'd.
.
1899-00..
1898-99..
All othero—
1900-01..
1899-00..
1898-99..
>••>
2,oo6
Total Import of the
Amount afloat
Of which American
2,000
2,000
8,000
3',6o6
3,000
4,6o6
28,000
12,000
51,000
5,000
31,000
36,000
13,O06
isiobo
48,000
1.000
10,000
267,000
45,000
218,000
189900..
1898-99..
55,000
Alexandria, Egypt,
February 6.
1900-1901.
Beceipts (cantars*) . .
This week
Since Sept. 1
140,000
3,807,000
This
week.
1899-1900.
Market,
Since
IMS
Since
week.
Sept. 1.
This
week.
Sales
9peo.
Market,
4 p. H.
)
below and leave those tor previous weeks of
May- June...
last
1900.
d.
Jan. 4 8ifl ®9i2
" 11 8^3 »988
to finest.
d.
6
©938
6
" 25 8l« 0938
Feb. 1 8'i6«9%
6
6
6
•'
8l8»« •»938
B.
51s a>8
©8
©8
1»8
®8
'98
d.
II9
l^a
1^2
1^
lis
3
Twist.
d.
A.
d.
7iift'a7iiie
51732
51930
51632
5I3
51332
515^2
s.
d.
4 11
7ii6a7iii6i5
1
&7\
7i«
714 a7''8
739 ®8
788 '3>Sl4
B.
®7
IJ?
tJ?
li«»7
2 'i»8
4
1»8
d.
8
9
9
lOifl
4ig
41933
4l»32
4%
3
5332
67l6
5IE33
513.,2
61532
5IB33
9,000
8,000
10,000
8,000
8,000
500
500
500
500
500
at
1-64 ad-
1-64 ad-
vance.
vance.
Quiet.
Easy.
Steady
at
2-64 decline.
Quiet but
steady.
Steady at
1-64 advance.
Steady.
Quiet.
Qnlet
IWon.
Tneti.
'Wed.
Tlinrs.
Feb. 5.
Feb. 6.
Feb. 7.
5 16 5 18
5 14 5 16
5 13 5 14
5 10 5 12
5 07 5 09
4 59 4 61
d.
5
5
5
5
5
23
20
18
16
15
12
09
d.
d.
d.
d.
5 19 5 20 5 22
5 16 6 17 5 18
5 14 5 15 5 17
5 12 5 13 5 15
5 10 5 11 5 13
510 5 08 5 0:» 5 10
5 07 5 05 5 06 5 07
61 4 59 4 57 4 58 4 59
61 4 59 4 57 4 58 4 59
5 21
5 18
5 16
5 14
5 12
FrI.
Feb.
d.
5
23
<f.
5
5 19 5
5 17 5
5 15 5
5 13 5
5 11 5
5 08 5
4
4
4
4 59 4 61 4
4 38 4 38 4 39 4 37 4 36 4 37 4 38 4
32
4 31 4 32 4
4 30 4 29 4 30 4 31 4
8.
60 4
60 4
37 4
30
4
d.
24 5 23
20 5 19
18 5 17
16 5 15
14 6 13
11 5 11
09 6 03
60 4 59
60 4 59
37 4 36
30 4 29
•
>•
Jute Butts, Bagging, &c.— There has been practically
nothing doing in jute bagging during the week under review.
The ruling quotations this evening are SJsC. for 1^ lb. and
Car-loaa lots of standard
6J^c. f or 3 lb. standard grades.
brands are quoted at 63^@63^c., f. 0. b., according to quality.
,
I
d.
5 21 5 23 5
5 18 5 20 5
Nov.-Dec...
lipids
d.
Pair
business
doing.
Feb. 4.
Oct. Nov....
common Mid.
to finest.
Fair
business
doing.
Sat.
Oot.G.O.O.
lbs. Shirt- Oott'n
Uplds
Easier.
Feb. 2.
June- July...
July Aug....
Aug. -Sept...
Sept ,L.M.O.
year for comparison.
Twist.
Monday. Tuesday. Wed' day. Thursd'y Friday.
d.
both yarns and shirtings. Sto3ks of both yarns and
goods are accumulating. We give the prices for to-day
8H
Cop. ings,
41,000
3,000
78,000
779,000
687,000
112,000
94,000
185,000
157,000
1:45 4 1:45 4 1:46 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
for
common Mid. S2s
36,000
1,000
69,000
747,000
666,000
125,000
107,000
225,000
195,000
(
February...
Feb.-Mch...
Moh. -April..
April-May..
8I4 lbs. Shirt- Oott'n
600
39,000
10,000
57,000
6*1,000
620,000
91,000
81,000
275,000
240,000
40,000
1,300
The prices of futures at Liverpool for each day are given
oelow. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated,
Since
oIanohester Market.— Our report received by cable
to-night from Manchester states that the market is quiet
32< Cop. ings,
600
45,000
7,000
75,000
668,000
591,000
70,000
60,000
283,000
253,000
Steady at Steady
l
Total Europe
15,000 354,000 23,000 558,000 26,000 387,000
A oantar is 98 pounds
ir which to America in 1900-1901, 28,211 bales; In 1899-1900,
t
58,617 bales; in 189d-99. 23,957 bales.
1901.
400
800
doing.
1:46 p. u.]
Sept. 1.
and
44,000
1,200
43,000
1,700
Futures.
4,000 201,000 5,000 289,000 10.000 197,000
11,000 153,000 18,000 26.^,000 16,000 190,000
this
8.
have been as follows.
&exp.
Market,
RTports (bales)—
To Liverpool...
To Continent t
Feb
49,000
1,700
Harden'g. business
Mld.Upl'd8.
160.000
4,633,000
Sept. 1.
Feb. 1.
Fair
)
1:46 p. u.\
1898-1899.
130,000
5,448,000
Sat'day.
Spot.
According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
27,000 bales. Exports from all India ports record a gain
of 36,000 bales during the week and since September 1 show
an excess of 269,000 bales.
Alexandria Receipts and Shipments op Cotton.-
8>«
Jan. 25
The tone of the Liverpool market for spots and futures
each day of the week ending Feb. 8 and the daily closing
IV, 000
prices of spot cotton,
1900-01..
"18
week
Of which American....
Total all-
A.
bales.
Of which exporters took...
Of which speculators took.
Sales American
Oaloatta—
1900-01..
1899-00..
1898-9J..
3,000
Total.
222,000
26,000
139,000
31,000
400
476
—
Jan. 18
5,000
246
2,608
2,049
1,137
Total
Bombay—
1900-01..
1899-00..
1898-99..
4,432
Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, &o., at that porti
1.
Exports
from—
745
199
250
745...
,
Since
Week.
Sept. 1.
6,881
6,881
To Antwerp— Feb. 5— Steamer Roddam, 19i>
Newport News—To Hamburg— Feb. 7—Steamer
250.
Boston—To Liverpool— Feb. l— Steamers Ivernia, 3,669; Sagamore, 763
To Halifax— Feb. 2— Steamer Halifax, 246
Baltimore— To r.iverpool-Feb. 1— steamer Indore, 2,603
To Bremen - Feb. 1— Steamer Hannover, 2, 0^9
To Hamburg-Feb. 1— Steamer Alexandra. 1,137
San Francisco -To Japan—Feb. 1— Steamer China, 400
Tacoma— To Janan— Feb. 4— Steamer Victoria. 47(5
Seattle—To Japan— Feb. 5 -Steamer Tosa Maru, 3,000
1898-1899.
Since
Week.
Sept. 1.
4,530
NOBFOLK— To Hamburg— Feb. 2— Steamer Drumgarth,
Movement from all Ports.—The receipts
Bombay and the shipments from all India ports
BueiptB at-
4,512
Wilmington-To Queenstown- Feb. 5- steamer Buokmlnster,
India Cotton
of cotton at
for the week ending Feb. 7, and for the season
to Feb. 7 for three years have been as follows:
400
50
500
234
261
4,580
9-5
19-3
172
2,775
1,287
To London-Feb. 2—Steamer European, 1,500.
1,500
To Rotterdam— Feb. 6— Steamer Trevessa, 600
600
To Copenhagen— Feb. 4— Steamer Lorle, 600
Feb. 5—
Steamer Ababama, 1,245
1,845
To Genoa -Fob. 8— Steamer
2,250
.2,250
To Trieste. &o.— Feb. 6— Steamer Betty, 4.956
4,936
GALvasTON—To Liverpool— Jan. 31— Steamer Capella, 4,565.. 4,565
To Manchester- Feb. 1— Steamer Saturntna, 6,7/2
Feb.
7 -Steamer Cromwell, 5,243
12,015
To Havre— Feb. 1- Steamer Ci-mrose, 7,162
7,162
To Bremen— Feb. 5-8teamer Hemisphere, 6,5)2.
6.552
To Hamburg -Feb. 2— Steamer Hesleysld'^, 2,040
2,040
To Antwerp— Feb. 1— Steamer Andaoe. 2.861
2,861
Pbnsaoola-To Bordeaux— Feb 6 -Steamer Kong Haakon, 600
500
To Venice-Feb. 1— Steamer Argo, ISO
180
Savannah— To Bremen Feb. 6—SteamRr Platea, 7.751
7,751
BB0NSWICK—To LlverDOol— Feb. 2— Steamer Barnesmore,
8, '00.
.
301
33
Llveroool, per steamer Cuflc, 301
To Hull, per steamer Colorado. 33
To Manchester, per steamer Mozart, 873 upland and 173
Sea Island
To Havre, per steamers La Bretagne, 70 upland and 75
Sea Island; Massapeqna, 27 Sea Island
To Bremen, per steamer Wt^lmar. 2,775
To Hamburg, per steamer Waldersee, 1,287
To Antwerp, per steamer British King, 400
To Baroeloiia, par steamer Ciudad de Cidiz. 50
To Genoa, per steamers AUer, 400; Karamania, 100
To Naples, per steamer AUer, 234
To Trieste, per steamers Pawnee, 61; Pooahontas. 200
NBW Oklbans—To Liverpool— Feb. 1— Steamer Astronomer,
4.512
has averaged
averaging
Total bales.
Nbw York-To
February
THE CHRONICLE.
9, 18C1.]
Jate butts have been iniLCtive, with prices nominal at l^'c.
for paper quality and 1 50@2'45c. for bagging quality. From
Messrs. Ira A. Kip & Co.'s circular we ascertain that the deliveries of jute butts and rejections at New York and Boston
during January were 44,638 balo, against 30,198 bales for the
Importers and speculators at New
same month last year.
York and Botton on January 31 held 100 bales, against 1,500
bales at the correspondicg date in 1900, and the amount
afloat for the United States reaches 79,570 bales, against
142,470 bales last year.
801
OP Am.
o.
Com, per bush.—
0.
Wheat, per bush.—
0.
44i««48
Wentem mixed.
HardI)ulnth,No.l 88 »89%
No. 2 mixed
N'them DuL, No.l 841^98714
44iaa48
Western yeUow
44%a46J«
Red winter. No. 2 78%ai80i4
Western white
Hard N. Y. No. 1. 86%af'8ifl
45iaa47H
Rye, per bush—
Oats— Mlx'd, p. bush. 30 ©33
32i4»37ifl
Westem
White
66 tt60
30>a»3li3
State and Jersey
No. 2 mixed
a ....
Barley— Western.
33 «34
No. 2 white
63 ©73
Feeding
49 «55
IV For other tab! ea aHuallr slven here aee page Si69.
,
I
BREADSTUFFS.
Friday,
THE DRY GOODS TRADE.
Feb, 8, 1901.
Business in the market for wheat flour has cotitinued to
drag. The unsettled tone of the market for wheat has had
a tendency to create extreme conservatism on the part of
buyers. Both jobbers and bakers have been slow in making
purchases, and have limited their orders to f uch supplies as
nave been needed to meet well defined wants. The pressure
to sell has not been pronounced, still there have been
sufficient supplies seeking an outlet to give a weak under
tone to values. Only jobbing sales have teen made of rye
The more seasonable
flour, ard prices ruled slightly easier.
weather conditions have had a favorable effect upon bnsinees in the market for buckwheat flour; demand has improved and prices have held steady. Corn meal has had a
fair sale at full values.
Speculation in wheat for future delivery has been quiet
and prices show a fractional lops. Developments generally
have been against the market. The weather ccnditiots in
the winter-wheat belt have been of a favorable character, a
heavy fall of snow being reported, protecting the plant from
severe weather. The movement of the crop in the Northwest has been fairly heavy. The European cable advices
New
York, Friday. P. M., Feb. 8, 1901.
There has been a marked decline in the price of cotton
during the past week, but as this was looked for with the
relief from speculative tension, it has had no material influence over the market for cotton goods. The conditions in
There has
the latter have been without material change.
been a slight gain in the volume of businefs passing from
day to day, but the expansion has been slower than most
sellers have been looking forward to, a'd up-to date business
in nearly all lines is backward, markedly so compared with
The prices of cotton goods of staple
results a year ago.
character are difficult to maintain in view of the stocks on
hand, and with considerable irregularity the tendency is in
favor of buyers, but between spot goods and goods to be
made there is still a material margin. There are goods selling from stock below current coat of production, but there
are few manufacturers willing to book contracts on a like
Forward business is thus restricted. Many new lines
basis.
of woolen goods for men's wear have been opened this week
have reported quiet and sagging markets. Reports received for the fall season, but buyers have not been tempted into
from Argentine said that owing to accumulating supplies operations of any magnitude.
holders were weakening and Liverpool advices said that
DOME8T10 Cotton t^ooos.— The exports of cotton goods
there were larger offerings from India. Deepite, however,
this port for the week ending Ftb, 4 were 3,622
from
of
freer
offerings
from
other
the reports
countries,
the
exporters during the latter part of
week came packages, valued at )2 11,384, their destination being to the
on the market on the lower basis of values and were points specified in the tables below
:
fairly free buyers, creating a steadier undertone, followed
by a small recovery in prices. To-day the market opened
lower, with moderate selling, prompted by weaker foreign ad
Toward the close part of the loss was recovered, with
visers.
shorts bujingto cover contracts, stimulated by a fair export
business. The spot market was fairly active; sales for expert
here and at ontports were 348,000 bushels.
OAII.T 0I.OBINO PBICBB OF NO. 2 BED WnTTBB IM
NEW YORK.
Sat,
Cash wheat
f.
o.
March delivery
delivery In elev
July delivery In elev
lues.
79^8
7914
80
Holi-
day.
79''8
79i<i
b
in elev..
May
Mon.
78^8
Wed.
Thun.
New Tobk
1901.
to Feb.
Week. Since Jan. 1
China...
India
161
426
...
"10
2,625
50
687
50
124
"323
......
West Indies... ...... ........
Mexico
80
79
73 14
78''8
Central America............
79ifl
78''8
79
79 14
South America..............
Other Countries...^
79»8
7933
7914
7958
DAILT OLOSnrO PBI0E8 OF NO. 2 SPBINO IN CHICAGO.
Hon.
Sat.
Tuet.
Wed. Thurt.
Feb. delivery In elev
72''8
7258
7259
73
March delivery In elev. . . . Holiday. 73 %
Se
73
7314
7358
75i«
74'78
May delivery In elev
75^4
74''e
k«
Fr^.
Total
65
6
i"b33
2,084
1,341
8,153
30
752
SCO
230
480
54
108
434
382
3,622
17,349
3,227
Arabia
A.i!rloa
Week.
416
481
....
........
Glreat Britain...... ......
Other Euronean...
8OI4
Fri.
ISOO.
4.
2,970
223
Since Jan. 1.
73
88
24,611
1,876
4,258
666
2,200
344
1,282
5,037
891
41,326
72J«
The value of the New York exports for the year to date
has been $814,429 in 1901, against |1, 544,467 in 1900.
Indian corn futures have been moderately active, but at
Both the home and export demand for heavy cotton goods
gradually sagging prices. The crop movement has con- has been on a restricted scale this week and confined almost
tinued full, and weather conditions have been favorable for entirely to spot goods, some of the businees done showing
better grading. The cable advices have reported easier
prices tending further in favor of buyers. Sellers are not
markets and the buying by exporters has been on a very disposed to quote lower prices for forward contracts.
moderate scale only. Selling by speculative holders to liqui- Bleached cottons show irregularity in unticketed goods, but
date their account has been the principal feature of the leading tickets continue steady in face of an indifferent
trading. To- day the market was quiet bat steady. The
aggregate business. Small sales only are reported in wide
spot market was more active and steadier; sales for export sheetings, and cotton flannels and blankets are without new
here and at outports wore 430,000 bushels.
feature. In all lines of coarse colored cottons the demand
DAILT 0IA>8INO PBTOES OF NO. 2 MTXED OORN rH NBtT TORK.
has ruled quite moderate, and goods on hand are easy to buy
Sat.
Fri.
Mon. Tues.
Wed. Thur$.
at previous prices. Business in printed calicoes is gradually
Oasta com t. o. b
46>4
4638
46
46^
46>s
May delivery in elev
44 ^^
44*8 improving, but more in staple lines than in fancies, the latter
Holiday. 4458
4438
44»3
July delivery In elev
43'8 continuing quiet, with some low grades showing an easier
44
44^8
4858
43%
tone. Fine printed fabrics are steady, with fair reorders.
DAILY OLOSrNO PBI0B8 OF NO. 2 HIXBD OOBN IN CHICAGO.
Ginghams of all descriptions continue in moderate request
Fri
Sal.
Mon.
TueM.
Wed. Thun.
37i8 only and are without quotable change in price.
Feb. delivery In elev
3718
37Jfl
36%
36%
Print cloths
March delivery In elev... Holiday. 39
37ia
3758 are unchanged
38
3738
in price on the basis of 3i^c. for regulars, and
39i8
May deUvery in elev
38%
89^4
SB's
73
74%
39
Oats for future delivery have held steady. Country offers
have been reported as only moderate, and there has been
considerable speculative buying by leading operators. Locally the spot market has been moderately active and firm.
There has been some buying by exporters at full values, and
there has been a steady demand from the home trade. Today the market held steady. Business was quiet.
DAILT OLOSINO PBI0H8 OF OATS IN
YORK.
Sal.
Fri.
Mon, Tiu*.
Wed. Thurt.
NO. 2 mixed In elev
30ia
Holi- 30>«
30ifl
SOifl
SOH
Ho. 2 white In elev
day.
3214
32%
33
32^
321a
DAILT 0LO8INQ PRICES OF HO. 2 MrCBD OATS IN CHICAGO.
NBW
Feb. delivery In elev
May delivery
In elev
Rye has been
Sat.
ifon.
Tuet.
Wed.
Thurt.
Fri
Holiday.
2418
2538
24^8
2638
24^1
2514
24''%
24*8
2514
2538
with light offerings prices have
held steady. Barley has been dull but steady.
Following are the closing quotations:
Fln«
Superfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
'.
(Wheat
flour in
quiet, but
FLOUB.
30
Patent, winter.... $3 75 «3
40
City mills, patent.. 4 15 »4
50
Ryeflour.superiine 2 90 »3
75
Buckwheat flour.. 2 00 «2
35
Corn meal90
Western, etc
2 25 92
94 65
Brandywlne
2 35 •32
sacks sells at prices below those for barrels.)
$2 20
2 30
2 40
2 50
2 90
3 40
3 90
02
02
92
»2
93
«3
95
65
50
15
35
40
demand
for all descriptions indifferent.
Woolen Goods. — With the opering of
Woolen Company's new lines of wcolen and
the American
worsted fancies
the market for new fall weights in men's- wear fabrics is now
fairly before buyers.
Some of the finest grades have yet to
be shown, but they cannot materially affect the situation.
This week's developoaents show a general decline of fully 15
per cent from the opening prices of a year ago, but this
has not been sufficient to draw out a demand of any moment
from buyers, and at the cIofo it appears doubtful if even
these opening prices can be fully mamtained. Piece dyes and
other staples have secured more business than fancies, a fair
demand coming forward for them without charge from the
prices prevailing last week.
Low grades in cotton-mixed
fabrics are quiet and irregular. The market for overcoatings
and cloakings has been without special feature. The demand
for dress goods still runs to extremes in light fabrics and in
heavy skirting materials, there being a well sustained demand for these, with a dull and irregular market in other
varieties.
There has been no change in flannels or blankets.
Foreign Dry Goods.— In dress goods the chief feature has
been the demand for French light weights in crepes and similar lines.
Other descriptions dull. Silks and ribbons have
been quiet and unchanged. Linens are quiet but firmer on
foreign advices. Burlaps firm but sales moderate.
— —
—
—
——
THE CHRONICLE.
302
mt^ piTY
)T/^m
News
m
[Vol. LXXII.
Atlanta, (Ja.— Bond Election.— A.n election will be held
20, 1901, to vote on the question of issuing $200,000
3}^£% 30 year gold water bonds.
Bay City, Mich.— Bond Sale.— On February 4 the $20,000
4% 30-year refunding water bonds were awarded to Hooker,
Nickerson & Co., Hartford, Conn., at 112-27— an interest
basis of about 3 '349^. Following are the bids
Hooker, Niokerson & Co.
Seasongood & Mayer, Cinclii.$22,113 20
^Hartford
$22,454 00 R. Kleybolte & Co.. Clncin... 22,080 00
W.J.Hayes & Sons, Cleve., ai;,305 00 Warren Andrews & Co
22,006 00
Spitzer & Co., Toledo
22,276 00 N. W. Harris & Co., Chicago. 21,676 00
Farson, Leach & Co.. Chic... 22,257 00 Feder, Uolzman & Co., Cm.... 21,550 00
Denison, Priori Co., Cleve.. 22,211 GO W. R. Todd & Co.. Cincinnati. 20,500 00
March
Items.
Chicago (III.) Sanitary Dlatrict.— Bonis Valid.— The following 18 taken from tbeCdicago "Times-Herald" of Jan. 31:
Judge Neelv entered a decree yesterday morning declaring valid the recent
tlie sanitary district ot (-tiicago. The validity
of the bonds was questioned on the grounds that the trustees of the district
were usiru; tlio money derived from ilieni for the improvement ot the Clucago
River, Which was outside of tlicir province. The complainant, Jolin Lussam,
took an appeal from Judge Neely's decision to the Supreme Court. An order
waaentered giving the parties leave to file papers wltliin thirty days and the
petitioner is required to furnish a nominal bond of $250.
See Chronicle Oct. 20 and 27, 1900.
issue of $i.;«i&,{jOo of bonds for
:
For full description of bonds see Chronicle Jan. 19, p. 150.
Belmont County, Ohio.— Bond Sale.— On February 1 the
$30,000 4% refunding court-house bonds were awarded to the
that on Feb- People's National Bank of Barnesville at 105-683— an interest
Denver, Colo.— Bonds Illegal.— It is stated
ruary 4 Judge Riner, in the United States District Court,
granted an in junction to prevent the issuance of the $4,700,000 water bonds sold last October to Denison, Prior & Co.,
Cleveland. The city, according to local papers, will probably pass a new ordinance and submit the question again,
this time in proper form, to the voters at the general election
in the spring.
Nashville,
basis of 3-454^.
Following are the bids
People's Nat. Bank, Barnesville.
$31,705 00
32,1 27 00
B'k, Columbus.. 31,601 00
W. J. Hayes & Sons. Cleve.
New 1st Nat.
I
.
.
I
I
I
:
Farson, Leach &Co., Chic
$Sl,6(t0 00
First Nat. B'k, Barne.sville... 30,90100
R. Kleybolte & Co., Clncin.
30,785 50
Second Nat. B'k,(for $10,000) 10,700 00
. .
&
The bid of W. J. Hayes
Sons, Cleveland, did not comply, it is stated, with terms of the advertisement, and was
therefore rejected. Several bids were received too late to
Tenn.— Litigation. —Injunction proceedings be considered and were not opened. For
W. W. Berry et al., taxpayers of bonds see Chronicle Dec. 22, p 1280.
prevent the Mayor and the City Council from
Binghaiuton, N. Y.—Bonds Proposed.— A
have been instituted by
Nashville, to
subscribing to $1,000,000 of the stock of the Nashville Florence
Northern Railroad, in accordance with the vote at
the election held for that purpose on Dec. 15, 190O. The bill
of complaint, according to local papers, avers amongst other
things fraud and misrepresentation. See Chronicle Dec.
&
22, 1900.
—
Otoe County, Neb. Bond Litigation. The following
taken from the Omaha "Bee" of Jan. 9, 1901
:
suit.
The case grew out of the sale of bonds by the precinct of Nebraska City,
Otoe County, in aid of the Missouri Pacific Railroad Company. According to
the allegations ot the petition, the County Commissioners created the precinct
of Nebraska City, which included the town of that name and adjoining farm
land, for the sole purpose of enabling the citizens to issue the bonds.
The bonds were issued in the sum of $40,000 and sold, the plaintifl purchasing »3o,On(i of them. Interest was paid for some time and then the County
Commissioners refused to levy a tax for the payment, holding that the creation of the precinct was Illegal. They then by resolution destroyed the precinct.
In his judgment Judge Hunger orders the commissioners to levy a tax sufficient to pay the debt due the plaintiff, assessing the property In the precinct
of Nebraska City as fixed and defined October 4, lb86, the date the bonds were
sold.
Virginia.
Richmond Fredericksburg
Sale of
—The
& Potomac
Commissioners of the Sinking Fund
will receive tenders until 3 p. M February 20 for 2,752 shares
of the common stock and 1,927 dividend obligations of the
Ricbmocd Fredericksburg & Potomac RR. Co. " No bid for
less than $200 per share for each of the said shares and each
of the said dividend obligations, ex-dividends, will be accepted." All tenders must be accompanied by a certified
check for 10^ of bid, except in the case of the Richmond &
Washington AirLine Ry. Co., which, it is understood, has
contracted to bid $200 per share in the event of failure of
other persons to offer a higher figure.
bill before the
State Legislature provides for the issuance of $18,000 bonds
for the purpose ot paying the deficiency caused by failure of
the Broome County Bank some years ago.
Bond 6'a/e.— On February 5 the $15,000 33^^ bonds were
a\^arded to J. N.
W. S. Kilmer, a local bidder, at 109 65.
Following are the bids
J. N. & W. S. Kilmer
109-65
Seasongood & Mayer, Cincin... .108-06
W. J. Hayes & Sons, Cleve
108-36
Lawrence Barnum & Co., N. Y. 108-01
&
Stein, New York
108-10
For description of bonds see Chronicle Feb,
M. A.
week have been
as follows
this
:
Acqnackanouk Township (P. 0. Atheuia, N.J.) School
District.— Bond O^ering.— Proposals will be received until
8 p. M., February 16, by A. W. Smith, District Clerk, for
Securities are in denomination of $500,
S8,000 ^% bonds
dated Dec. 30, 1900. Interest will be payable semi-annually
and the principal will mature $1,000 yearly on December 30
from 1901 to 1908, inclusive. Accrued interest is to be paid
by the purchaser.
Albany County, N.
Jr., Couoty Treasurer,
2, p. 252,
and
Dec. 22, p. 1280.
Buffalo, N. Y.— Bonds Proposed.— On February 1 a bill was
introduced in the State Legislature providing for the issuance of $150,010 bonds to provide money to pay for the
special Pan-American Exposition police.
Carson County, Tex. Bonds Registered. The State Comptroller has registered the $15,000 court-hoase and jail bonds
mentioned in the Chronicle December 8.
Cai tliage, Ohio.-Bond Sale.— On February 5 the $1,663 79
—
&
5% 1-10-year (serial) bonds were awarded to Seasongood
Mayer, Cincinnati, for $1,753 51 and accrued interest. For
description of bonds see Chronicle Jan. 12, p. 99.
Cass County, Iowa. Bond Sale.— This county has sold an
issue of $7,0CO 3}4% 10-year refunding bonds to N, W. Harris
Co., Chicago.
Chippewa Falls, Wis.- Bond Sale —The Board of Aldermen have accepted the offer of the Lumbermen's National
Bank and the First National Bank of Chippewa Falls to
extend the time of payment of $30,000 5% bonds which mar
tured Jan, 15, 1901, so that $15,000 will mature Jan, 15, 1902,
and $15,000 Jan, 15, 1903, the rate of interest to remain at 5%
per annum.
&
is
Bond Proposals and Negotiations
of
:
is
Judge Munger yesterday filed a Judgment for the plaintifl in the case of John
Martin Chipp aeainst Otoe County, Nebraska, finding that party entitled to
$35,oti9 SH from the defendant, with inteiest from the date of the filing of the
Railroad Stock.
description
Claiborne County, Tenn,— Bonds Proposed,— The Senate
considering a biU'permitting the issuance of road bonds.
Clarendon (Texas) School District. Bonds Authorized,
—
The issuance
of $10,oOO b% 5 20-year (optional) gold schoolbuilding bonds has been authorized. Tlie date for the sale of
these bonds has not yet been determined upon.
ColliervlUe, Tenn.- Bond Bill Passes Legislature, This
town has received legislative authority to issue bonds.
Colora«lo Springs, Colo.— Bond 6'ate.— On February 4 the
$190,000 i% 15-30 year (optional) refunding water bonds were
awarded to E. H. Rollins
Sons, Boston, at 105-07— an interest basis of about 3-562^ if bonds are redeemed at their
optional date and 3 718^ if allowed to run their full time.
For full description of bonds see Chronicle Feb, 2, p. 252,
—
&
Columbus (Ohio) School District.- Bond Saie.- On February 5 the $85,000 S}.2% 20-year school bonds were awarded
to E. H. Rollins & Sons, Boston, at 104'63 an interest basis
of about 3 '181^^, Following are the bids
E. H. Rollins & Sons, Boston.$88,9.35 50 Denison, Prior & Co.. Cleve.. $87,557 00
W.J. Hayes & Sons, Cleve.. 88,300 00 Ohio Nat. Bank, Columbus... ^7,350 00
Seasongood* Mayer, Clncin. 87,925 00 Lamprectit Bros. Co., Cleve.. 87,261 00
Albion (Neb) School District —Bond O^eHna.— Propo- N. W. Harris & Co., Chicago. 87,779 00 heder, Holzman * Co.. Cin... 87,2(8 00
Nat. Bank, Cincin... 87.7^0 00 New Ist Nat. B'k, Columbus.. 86,89126
German
sals will be received until 8 p. M., February 11, by K. E. Bay, it. Kleybolte*
Co., Cincin... 87,66100 W. R. Todd & Co., Cincinnati 85,900 00
Secretary Board of Education, for $10,000 5% school-house
For description of bonds see Chronicle Jan. 12, p, 99,
bonds. Securities are in denomination of $1,000, dated May
CraT»ford County (Ohio) Special Road District No. 1.—
Interest will be payable annually in New York
1, 1901.
Bona
Sale.— On February 5 the $30,000 5% 14i^-year (average)
Priacipal will mature $1,000 yearly on July 1 from
City.
bonds were awarded to the Bucyrus City Bank at 113-67 an
1906 to 1915, inclusive.
Following are the bids
interest basis of about 3 678^.
Alexandria, Minn.— Bond Election— The City Council Bucyrus City Bank, Bucyrus.f 34,101 00 First Nat. Bank, Barnesville.$32,010 00
has decided that on February 12 the question of issuing First Nat. Bank. Bucyrus.... 84,000 05 Citizens' Sav. &. Loan Co.,
MansOeld
31,950 00
Lamprecht Bros. Co., Cleve.. 33,640 00
$6,000 school bonds will be voted upon.
31,400 00
W. J. Hayes & Sons. Cleve.... 33,125 00 P. S. Briggs & Co., Clncin
32,«50 00 W. R. Todd & Co., Cincinnati. 31,275 00
Ashley (Ohio) Special School District.— Bond Sale.— On Spitzer* Co., Toledo.
50
00
New
30,107
Cln....
82,625
1st
Nat.
Columbus.
Mayer,
B'k,
Seasongood
*
February 1 the $3,000 6% 1-10-year (serial) bonds were awardof
bonds
see
Chronicle
151.
Jan. 19, p.
For description
ed to the Bank of Ashley at 110-033. Following are the bids:
Dayton (Ohio) School District.— Bond Offering.— Pio$3,30100 Feder. HoIzmanA Co.. Cincln. $3,249 30
Bank of Ashley
3,300 00 P. S. Briggs & Co., Cincinnati. 3,240 00
R. Kleybolte &Co.,Clncin
posals will be received until 12 m. March 1, 1901, by the ComLamprecht Bros. Co., Cleve... 3,257 70 Denison, Prior & Co., Cleve.. 3,21100
mittee on Finance of the Board of Education for $86,000 4%
3,106 00
New 1st Nat. Bk., Columbus. 3,257 50 S. A. Kean, Chicago
W. J. Hayes & Sons. Cleve.... 8,853 00 First Nat. Bank, Barnesvllle.. 8.073 00 bonds. Securities are in denomination of $1,000, dated March
Ashtabula (Ohio) School District.— Bond;o#mnflr.— This 1, 1901. Interest will be payable semi-annually in New York
district will sell at public auction at 2 p. m.. Mar. 2, 1901, an City. Principal will mature $36,000 March 1, 1919, and
issue of $25,000 ^}4% school-house bonds. Securities are in $50,000 March 1, 1920. A certified check on a national bank
denomination of |1>250, dated March 2, 1901. Interest will for 5 per cent of the gross amount of bonds, payable to Wm.
be payable semi-annually at the Farmers' National Bank of C. Haeussler, Clerk Board of Education, must accompany
Ashtabula. Principal will mature one bond each April and proposals. All bids must be made on blanks furnished by
October in the years 1902 to 1911, inclusive.
the Clerk of the Board of Education.
Y. Bond Offering.— John A. Howe
will tell at 12 M February 15, at his
office, $18,000 S14% 1-18 year (serial) Loudon Road improvement bonds and $12,000 S}4% 1-12-year (serial) Delaware
Turnpike improvement bonds. Securities are dated March 1,
1901, and the interest will be payable semiannually.
—
:
.
.
.
—
:
. .
. .
FiBRUAEY
THE CHRONICLE.
9, 1901. J
Decatur County, lad.— Description of Bonds.—The §44,800 Clay Township gravel- road bonds, tbe sale of which we
reported last week, are in denomination of $1,120, dated Jan.
Interest, at the rate of 43^^, will be payable May 1
15, 1901.
and Novemlaer 1, and the principal will mature one bond
each six months beginning May 15,1903. The $18,880 (not
$18,6C0 as originally reported) bonds of Fugit Townehip are
in denomination of $472, dated Jan. 15, 1901. Interest is
also at the rate of 4.}^%, payable May 1 and November 1.
The principal will mature one bond each six months, betcinnlrg May 15, 1902.
Dedhain, K&t^s.— Bond Sale.— On February 2 the $120,000
1-40-year (serial) sewer bonds were awarded to E. H. Rollins & Sons, Boston, at 113-0966— an interest basis of about
Following are the bids
3-13^.
B. H. Rollins & SonB, Boston.. 113'0966 Denlson. Prior & Co.,'.Boston... 112033
Ben]. Fislier
11203
IlOKers, Newman & Tolman,
112-851
111-91
Blake Bros. & Co.. Boston
Bostim
Vermilye & Co., Booton
111-b4
Thompson.Tenney&Crawfora,
112*6H
Adams 4 Co., Boston
lll'Sl
New York
BlodKet, Merritt& Co.. Boston.. 11 rso
Mason. Lewis & Co., Boston.... 112-cO
112-.397
111-79
Boston
Kstahrook & Co.,
K. Li. Uay & Co., Boston
111-17
Jose, Parker & Co.. Boston.... 112-1035 H. W. Poor & Co.. Bofton
110-00
Turner A. Beall, New York
Geo. A. FernaUl &, Co., Boston.ll2-0Z8
112-07
108-26
S. A. Kean, ChicaRO
Parkinson & Burr, Boston
For description of bonds see Chronicle Jan. 26, p. 201.
Dover, Del. Bond Bill Passes House. The House has
H
:
—
passed the bill authorizing $4,0C0 electric-light- plant bonds.
Uablin (Texas) School District.— .Bortd Election.— An
election will be held February 13 to vote on the question of
issuing $17,000 Q% school-house bonds.
Elk City, Kan.— .Bonds Proposed. This city seeks legis*
lative autaority to issue $5,000 bonds for a gas well.
EnUeld, Conn. Bond Sale. This town has sold the |30,000 25- J ear refunding bonds mentioned in the Chronicle
Dec. 22 to Jose, Parker & Co., Boston, at a price said to be
par for 3 '14^ bonds.
are advised that the
Essex County, N. J. —Bond Sale.—
Sinking Fund Commissioners will take the $90,000 i% 10-year
gold bonds to be issued for improvement of roads under the
•' State Road Act."
Securities are to be in denomination of
Interest will be payable Felrnary 1 and August 1 at
$1,000.
the Manufacturers' National Bank of Newark.
Evanston, Ohio.— .Bond Q^eringr.— Proposals will be received until 12 M., March 4, by the Village Council, at the
office of Frank F. Dinsmore, Attorney, 50 Atlas Bank Building, Cincinnati, for the following 5% 1-10 year (serial) im-
—
—
We
provement bonds
93,362 68
Langdon Avenue bonds, dated Jan.
2,185 60
Newton Avenue bonds, dated Jan.
18, 1901.
Interest payable semi-
annually,
18,
1801
Interest payable semi-
annually,
42,814 59
MoutKomery Boulevard bonds, dated Feb. 25, 1901
Interest payable
annually.
3,652 81
Woodburn Avenue bonds, dated
Jan.
lb, 1901.
Interest payable
semi-annually.
Interest will be payable at the Atlas National Banlr, Cincinnati.
certified check for 2% of bonds, payable to tbe
Village Treasurer, must accompany proposals for each of the
above issues. The aggregate amount of the bonds to be
issued may be reduced if any assessments are paid in cash
before the time of sale.
H. Krapp is Village Clerk.
A
Wm.
Fairfield (Tex.) Independent Scbool District.— Boncfs
Registered.— The State Comptroller has registered an issue
of $5,000 school bonds.
Fairport (Ohio) School District.— Bowd O^eringf,— Proposals will be received until 12 m., Feb. 16, 1901, by the
Board of Education, E. E. Lawrence, President, for $12,000
4% bonds. Securiiiea are issued under authority of sections
3991, 3992 and 3b93, Revised Statutes of Ohio.
They are in
denomination of $1,000, dated March 1, 1801. Interest will
be payable semi-annually at the office of the Treasurer of the
Board of Education. Principal will mature $1,000 yearly on
March 1 from 1902 to 1911, inclusive. All bids must be
unconditional and must be accompanied by a certified check
on some bank in Ohio for 2% of the par value of the bonds bid
for.
Accrued interest is to be paid by purchaser.
Flndlay, Ohio.— Bond Ordi^aw ce.— The City Council has
under consideration an ordinance providing for the issuance
of the $50,000 city-hall bonds voted at the election held last
November.
Franklin, N. C.—Bond Bill Passes House.—The House
has passed a bill providing for the issuance of bonds by this
place.
Franklin, N. H.— Bonds Proposed.— The question of re.
funding the $80,000 water bonds which are subject to call
after April 1, 1901, is being considered in the City Council.
Gallaiin County, 111.—Bond Sale.— We stated last week
thatN. W.lHarris & Co., Chicago, had been awarded an issue
of $190,000 bonds at 101-18. It is proper to say, however,
that this bid was made on 4^ bonds and not on i^ per cents,
as printed by us. The bonds were advertised for sale on
January 23 as 4>^^ securities and the following bids were
received at the advertised rate of interest at that time
Miss. Valley Tr. Co.. St. L...f 186,935 00 Denison, Prior & Co.,Cleve. $191,876 00
N. W. Harris A Co. Chic ... 196.235 00 Spltzer 4 Co.. Toledo
194,376 00
Devltt, Tremble* Co., Chlo, ie.=.,160 50 Gaylord, Blessing &.Co., St.
Farson, Leach 4 Co., Chic. 194,965 00
Louis
194,25000
Mason, Lewis & Co., Chic... 1H4,900 00 W. J. Hayes & Sons. Cleve.. 1H4,017 00
liamprechi Bros. Co., Cleve. 194,617 00 S. A. Kean (no check)
192,375 00
New IstNat. B'k.Columbus. 194,682 00
The board did not take immediate action on these proposals, but adjourned until the following day, requesting bids
meanwhile on 4% bonds, with the following result
N. W. Harris* Co., Chic... 1192.260 00 Seasoneood 4 Mayer, Cin...tI9I,126 0()
Farson, Loach A Co.. Chi&. 191,486 00 Spltzer & Co.. Toledo
191,066 00
Mason, Lewis* Co.. Chic... 191,236(0 New IstNat. B'k.Columbus. 191,025 00
It was this later bid of N. W. Harris & Co. upon which the
award was made.
:
.
.
.
303
Gloucester, Mass.— Bonds Prorjosed.—The City Council
has passed a resolution requesting the State Legislature
for authority to issue $100,(jOO bonds beyond the debt limit,
for the extension of the water system.
Temporari) Loan
A loan of $50,000 maturing Oct. 14,
1901, has been negotiated with Bond & Goodwin of Boston.
Greene Connty, Ohio.— Bond O^eringr.— Proposals will be
received until 12 M., February 28, by the Court House Building Commis.sion, for .$100,000 4% 5-29 year (serial) gold bonds.
(jreeofleld, Ohio.— Bond Sale.— On February 6 the ^10,000
4% electric-light and water works bends were awarded to the
—
Highland County Bank of Greenfield at 101 01. A fall list
of the bids will be given next week.
Hamilton Connty, Tenn.— Bonds Pro^josed. —Fanding
bonds to the amount of $100,000 will be issued if the bill now
before the State Legislature becomes a law.
Haiffkins Connty, Tenn.- Bond Bill Passes Senate. The
—
Senate has passed the bill authorizing the issuance of $100,000 road bonds.
Helena (Ark.) Sewer District No. \.—Bond [Offering.—
Proposals will be received until February 20 by D. T. Hargreaves, District Secretary, for $70,000 20-year gold eewer
bonds. Bids are asked on bonds bearing 5% and Q% interest,
which will be payable semi-annually.
Herman, yiinn.— Bond Sale.— Oa February 4 the $7,200
20-year water-works bonds were awarded to Herman
A. Scriver, Minneapolis, at 100 52. A bid of lOO'SO was also
4}y^%
&
Co. of Minneapolis.
received from Kane
of bonds see Chronicle Feb. 2, p. 253.
For description
Holland, Mich.— Bond Sale.— On February 5 the $5O,0CO
4% 30-year park bonds were awarded to the Trowbridge
Niver Co., Chicago, at 105'28— an interest basis of aoout
Following are the bids
3*707^.
&
:
TrowbridKe* Niver Co.. Chic. $52,6*0 00 Lamprecht Bros. Co., Cleve. .151,280 00
60,575 00
H. Kleybolte & Co..Cinctn. 63.037 00 Beasonuood 4 Mayer, Cln.
50,125 00
Warren Andrews Co., N. Y. 52,6t0 00 8. A. Kean.ChlcaKO
.
.
. .
Bid said to be conditional and therefore rejected.
Securities are dated Feb. 1, 1901.
Hooper, Neb.— Bonds Voted.— At a special election held
January 29 it was voted to issue .$2,750 water-extension
bonds. The vote was 124 for to 26 against tbe issuance of
these bonds.
James County, Tenn, Bond Bill Passes Senate.— The issuance of road bonds is authorized in a bill recently passed
by the State Senate.
Jeannette, Pa.— Bond Sale.— On February 1 the |120,f 00
4}4i gold street and sewer bonds were awarded to Dick Bros.
Co., Philadelphia, at 109'85. For description of bonds see
&
Chronicle Dec.
22, p. 1282.
fiingflsber County, Okla.— Bonds Fofed.— At the election
held January 24 the question of issuing $30,000 court-house
bonds carried by a large majority.
Kingston, N. Y.—Bond Offering. John H, Gregory, City
Treasurer, will seil at public auction at 10 a. ji. February 14
an issue of $169,000 3J^^ refunding bonds. Securities are in
denomination of $l,OtO, dated Feb. 1, 1901. Interest will be
payable semi-annually and the principal will mature yearly
on February 1, $6,000 in 1902, $9,000 in 1903 and $22,100 each
year from 1904 to 1910, inclusive.
Lewes, lie\,— Bonds Proposed. Authority to issue $50,000
20-40 year (optional) improvement bonds has been asked of
the State Legislature.
Lewlslon, Me. Bovds Authorized. This city has the
authority of the State Legislature to issue $185,000 bonds to
refund a like amount of securities which will mature in
July, 1901.
Lincoln County, Wis. Bond Sale. It is reported in local
papers that the County Board has sold an issue of $45, COO
court-house bonds to a Chicago firm at 101 "33.
Logan County, Neb. Bonds Voted, At th" election held
January 29 this county voted to issue $22,000 5% bonds in aid
Northern Railway Co.
of the Callaway Loup Valley
Lynchburg, Ta.— Bond Oi/ering.— Proposals will be received until March 1. 1901, by Camillus Christian, Chairman
Finance Committee, for $186,000 refunding bonds. Securities are in denomination of $l,0C0, dated March 17, 1901.
Interest will be payable semi-annually at the office of the
City Treasurer. Principal will mature March 17, 1935. Bids
are asked for bonds bearing 33^^ and 4% interest and also for
bonds subject to taxation and for bonds exempt from taxation.
certified check for 2% of the par value of the bonds
bid for, payable to the City Treasurer, must accompany pro-
—
—
—
—
—
&
A
posals.
—
Lyons, Ga. Bond Offering. Proposals will be received
until 12 M., February 12, by J. C. Strange, Town Clerk, for
$3,000 5% bonds. Securities are in denomination of $1,000
and will mature one bond in ten, one in twenty and one in
thirty years from date of issue. Interest will be payable annually.
certified check for 5^ of bonds will be required.
Massachusetts. Loan Offering.— Pcopos&la will be re-
A
ceived until 12 M., February 11, by Edward S. Bradford,
State Treasurer and Receiver-General, for a temporary lean
of $2,000,000 in anticipation of the revenue of the present
certified check
year. Loan will mature Nov. 15, 1901.
for 2i of the amount for which the bid is made must accompany proposals. Bids will be received for $100,000 or multi-
A
ples thereof.
Middletown, Ohio.— Bonds Atdhorized.— The City Counhas authorized the issuance of $9,790 5^ 1-10-year (serial)
street-improvement bonds. Securities are in denomination
of $979, dated Feb. 1, 1901.
Interest will be payable semiannually.
cil
——
— — ——
:
THE CHRONICLE.
304
Milwaukee, Wis.— Bonds Proposed.— The issuance of $50,OCO park bonds is being considered by the Common Council.
Mineral Uidgo, Ohio.— Bond Offering.— Fropoa&\s will be
received until 12 m February 28, by E. E. Stouffer, Village
Clerk, for $1,500 i5% 1-3-year (serial) bonds. Securities are
iesued under authority of sections 2700 and 2701, Revised
Statutes of Ohio. They are in denomination of 8^)00, dated
Feb, 1, 1901. Interest will be payable semi-annually.
Ming'o County, W. Y a,— Bond Election.— At a special election to be held February 14 the question of issuing $25,000
3% 20-30-year (optional) bonds to complete the new court
houee will be voted upon.
Montclair, N, J, liunds Proposed. The Town Council is
considering the question of issuing |40,000 3)^^ 20-year firedepartment bonds.
Morgan City (Town), La.— Bond O^enng.— Proposals
will be received until February 15 by the Finance Committee— M, Cognenhem, Uhairman-for |lO,000 5^ bonds, Sacurities are in denomination of $l,COO, Interest will be payable annually on March 15 at the Hibernian National Bank,
New Orleans, the Continental National Bank of Chicago or
at the National Park Bank of New York City. Principal will
mature one bond yearly, beginning March 15, 1901.
Monnt Tabor (Ore.) School District No. h.— Bonds Voted.
At a meeting of this district held January 30 it was voted
to refund |6,000 bonds which will mature July 1, 1901,
New Haven, Conn, Temporary Loan. This city has borrowed $175,000 in anticipation of the collection of taxes from
Dunscomb & Jennison, New York, at ^% interest. Loan matures I75.C00 July 25, 1901, and 1100,000 August 15. 1901.
Bonds Pro/)osed.— This city has pet tioned the State (Legislature for authority to issue $500,090 paving bonds,
Norfolk County (Va.), School District No. 6.— Bond Sale.
—On February 2 the §25,000 5% 10-20-year (optional) bonds
were awarded to Mason, Lewis & Co., Bjston, at 107 03.
Following are the bids
warrants.
will
—
floating indebtedness of this city.
—
Polk County, Teun. Bonds Proposed. — Road bonds to the
amount of $75,000 are the subject-matter of a bill now before
the State Legislature,
Port Gibson, Miss.-Btds.— Following are the bids
ceived January 22 for the $12,000 &% bonds
F. M. Stafford &Co.,Chatt'sa.tl2.862 26 John Nuveen&
—
I
Seasongood
NOTICE TO HOLDEKS OF THE BONDS
OF THE
City of Galveston, Tex.
The
City of Gal veston, throufih comraitf ees. being
about to ask the Legislature of the State of Texas
to pass certain laws repealing the charter of that
city, and providing for its future government and
the refunding of i*s indebtedness, the undersigned
have been requested by a number of the principal
bondholders to act as a Bondholders" Committee for
the purpose of protecting their interests as holders
of the City of Galveston securities.
Holders of City of Galveston bonds are requested
to communicate with the committee tnrough its
Secretary, auLhorizing the committee to represent
CHAS. S.FAIRCHTI.,D,
Presidet^t
New York
Security
W.HALSEY.
W.
N.
& Co.,
Harris
Bankers,
&
Trust Co.
New
York.
CHARLES E. BAI.LiOU,
Treas. Wuonsocket (R.
Institution for
JOHN n. HOWARD,
1.)
H.
J.
J.
JL.
Fis-her
&
Savings.
Son, Bankers, Baltimore.
GRANDIN,
Grandin
Bros.,
W.
Harris
&
Co.,
GARFIELD
COURT-HOUSE BONDS.
hereby given that the Board of County
Commissioners of Garfield County, the State of
Washington, will receive sea'ed bids for the sale of
bonds In the sum of Twenty Thousand Dollars,
issued for Court-House purposes.
Said bonds are to be in denomination of one
thousand dollars each and to run for twenty years,
with one-half thereof to be issued May 1st, 1901, and
the remaining half on the tirst of September, 1901.
Interest to be paid annually and both principal and
interest to be paid at the ofBce of the Treasurer of
Gartield County, in the City of Pomeroy, Washingis
«fc
BANKERS.
New York.
21st, 1890.
will be received up to noon March 4th, 1901,
mu.st be addressed to tlie Auditor of GarBeld
Bids
and
Boston.
any and
all bids.
J.
A.
I.
319 National
Clerk of Board.
DEAIjESa IN
Investment Securities
FOR
SAVINGS BANKS and TRUST FUNDS
BONDS A SPECIALTY.
h%
EDW.
NKW
C.
YORK,
PHILA.,
JONES
1
CO.,
<&
NASSAU 8TRHBT.
112 SO.
-
FOURTH
ST.
MUNICIPAL
AND
Public
E H. ROLLINS
Denver.
&,
SONS,
BOSTOaJ.
San Francisco.
AND CORPORATION BONDS.
FARSON, LEACH &
CO.,
NEW YORK.
CHICAGO.
Blodget, Merritt
LISTS.
SOUTHERN AND WESTERN
SECURITIES.
D. H.
121 Euclid ATcnue, Cleveland.
ROSENBERGER
&.
NASSAU STREET,
L.IVERMORE
-
Co.,
Congress Street, Boston.
New York.
STATE, CITY & RAILROAD BONDS
Bouds and InTestmeut Securities
LITERMORE,
SUCCESSOR TO
31
&
BANKERS,
16
Bonds.
Exchange Place, Bo§ton.
Corporation
Service
15 Wall Street.
8
jjg^ Ymli..
Building)
Cable Address:— SABA.
BONDS.
BIdg., N. Y.
DENISON, PRIOR & CO.
SEND FOR
7iicipal Bonds Botioht
Sold.
and
(Bank of Commerce
Nassau
31 ^.taooatt. St.,
•'I,.,
VJ.
STRAIN,
February Investments,
Grade
Oovemmtnt and Mu-
Quotations furnished fur purchase, sale or exchange
MUNICIPAL. RAILROAD
High
Companiet'
Light
AVAILABLE IN ALL
PARTS OF THE WORLD,
HUBBARD,
Bank Commerce
wav, Gas and Electric
Auditor and Ex-OfiBcio,
MIRICK, SECRETARY.
Room
in Bonds of
Railroad, Street Rail-
Deal
Issue Travelers
Letters of Credit
Counsel to Committee,
M.
BOSTON.
Chicago.
ton.
Bankers, Chicago.
DILLON
WASH.,
CO.,
County, Washington, and marked "Bid on CourtHouse bonds,"
The Board hereby reserving the right to reject
JOHN VV. HERBERT,
Attorney, New York.
JOHN W. EDMINSOV.
N.
INVESTMENTS.
W. HARRIS & CO.,
LOANS,
Said bonds are to be issued in strict compliance
with a statute of the State of Washington entitled:
"An Act authorizing and empowering the organized
Counties of the State of Washington to contract Indebtedness and to issue bonds for funding the same
and declaring an emergency." Approved March
their interests.
12,600 00
—
N.
Notice
Co., Chicago. $12,74e;00
D. Bloche
C.
A
—
NEW
I
stated last week, bonds were awarded to F. M, Stafford
Chattanooga, at 107'18, the purchaser also furnishing
blank bonds free of charge.
bill will be
Port of Portland, Ore. Bonds Proposed.—
introduced in the State Legislature providing for the issuance of $400,000 dry-dock bonds.
Portsmouth, N. H.— Temporary Loon,— This city has borrowed for six months from the Nesv Hampshire Nat, Bank of
Portsmouth the sum of $29,fi00 at 4J^^ interest. Of this
amount $1,100 was borrowed for running expenses and the
remaining $38,500 for the purpose of paying matured
notes.
At an election held
ji^^jliayenswood, W. Va. Bonds Voted.
January 24 the question of issuing $7,000 A% electric-light
lature has authorized the issuance of $150,000 6^ funding
LOANS.
12,817 20
As
For description of bonds see Chronicle Jan. 12, p. 102.
North Dabota, Warrants Authorized. The State Legis-
NEW
& Mayer, Clncin.
re-
& Co.,
00 Lamprecht Bros. Co.. Cleve.. $25,525 CO
00 New 1st Nat. B'k. Columbus. 26,363 50
63 Hams, Hutton & Co. (for
23,25625
00
4>^8)
—
These warrants will be dated Feb. 1, 1901, and
They will be sold at private sale
1, 1903,
mature March
—
—
Mason, Lewis & Co., Boston.f26,755
Feder,nolzmaii&Co.,Ci'icin. 2\651
Seasoneood & Maver.CiuclD. 26.2«3
\V. .1. Hayes & Sons, Cleve... 25,767
[Vol. LXXII.
by the State Treasurer,
North Springlleld, R. I.— Loan Aiithorized.—ThQ Town
Council has authorized the Treasurer to borrow $10,000.
Norwicli, Conu. Bonds Proposed. A bill now before the
State Legislature authorizes the issuance of $250,000 bonds
for permanent improvements.
Pentwater, Oceana County, Mich.— Bond O^einflf,- Proposals will be received until 7 p, m., February 25, for $6,000
b% 5 t6-year (serial) park bonds. Securities are in denomination of S5C0 and the interest will b? payable in Pentwater.
Peoria, 111.— Loan iVegoiiafe i.— This city recently renewed
outstanding notes to the amount of $75,000.
Peoria fleiK:hts, 111. Bonds Axithorized. The Village
Board has passed an ordinance providing for the issuance of
$3,400 6^ 1-7-year (serial) water bonds. Six bonds will be
issued in denomination of $500 and one bond for $400.
Philljpsburg, Kan.— Bonds Proposed.— A bill before the
State Legislature permits the issuance of bonds to fund the
—
N.
:
NEW YORK
TO NET FROM
3
TO
6S6.
CORRESPONDENCE INVITED.
CO.,
B. POWELL
HARRY
&
»VOODSTOCK, VERMONT.
#r.'
February
THE CHRONICLE.
1901.1
9,
—
Sycamore, Ohio. Bond Ejection, An election will be
held February 11 to vote on the question of issuing |6,0C0
water bonds.
Syracuse, N. Y. Bonds Authorized, The Common Council has authorized the issuance of $581,000 city bonds, of
which amount §315,000 will be used in the construction of a
new high- school buildirg.
Thajer County (B. 0. Hebron), Neb.— BoTid Offering.
Proposals will be received until 12 M., February 26, bv F. J.
SecuriBirss, County Clerk, for $55,000 court-hcuse bonds.
Inties are in denomination of $1,000, dated March 1, 1901.
terest (at a rate not exceeding 4?) will be payable January 1
and July 1 at the office of the County Treasurer. Principal
will mature in ten years, subject to call after one year. Bidders may state at what rate of interest the bonds will betaken,
at par, or they may bid for bonds bearing 4? interest, stating
V7hat premium, if any, they propose to p&y for such bonds,
and they may bid for bords to be delivered in blocka of ten,
aa the money for the erection of the court house may be required by the county from time to time, and such bonds
to draw interest from date of issuance. An unconditiotal
certified check for $5,000, payable to the County Treasurer,
must accompany proposals.
bill recently inTuilahoraa, Tenn.— Bonds Proposed.—
troduced in the State Legislature provides for the issuance of
$10,000 park bonds.
bonds was submitted to a vote and carried by a large majority.
St. Lonis, Mo.— Bonds Authorized by Council.— The City
Conncil haa authorized the isauance of |5,00U,000 3^^% 30
year gold Exposition bonds. Securities will be issued in denomination of $1,000, dated March 1, 1901. Interest will be
payable semi-annually.
Salina, Kan.— Bonda Authorized. The City Council haa
authorized the issuance of ,$11,000 improvement bonds.
Salt Lake City, Utah.— Temporary Loan.—The City
Treasurer has borrowed temporarily from local banks the
sum of $158,000, which amount will be repaid from the proceeds of the sale of $500,000 S^% refunding bonds sold Dec.
26 to Farson, Leach & Co., Chicago.
Schenectady, N. Y.-Bond Bill Passes Hours.— A bill providing for $200,000 sewer bonds has passed the Assembly.
Seaford, Del.—-Bonds Proposed. We are advised that
this town will probably petition the State Legislature for
authority to issue $25,(00 water and sewer bonds,
Sebring, Ohio.— Bond O^ertngr.— Proposals will be received until 12 M., March 2, by F. S. Haggart, Village Clerk,
for $6,000 5^ town-hall bonds. Securities are in denomination of $500 and will mature $500 yearly from 1911 to 1922,
—
—
—
—
inclusive.
A
—
Shawnee Connty, Kan.— Bond Bill Paises Legislature.
The State Legislature has passed a bill which^permits this
Two Harbors, Minn. Bond Sale.— Oa January 21 the
$5,500 5% 10- year water and light-improvement bonds were
awarded to W. J. McDonald Co., Chicago, at 103 93". These
bonds were originally awarded to the above firm on Nov. 19,
1900, at 103-418, but owing to a technicality it was decided to
re-advertise for bids.
Ulster County, N. l.—Bond Offering.— Thia county will
sell at public auction at the Court House in Kingston at 2
p. M. Feb. 19 $50,000 4% 1-25-year (serial) refunding bonds,
$30,000 4% 25-year jail bonds and §10,000 4% 1-5 year (serial)
turnpike bonds. Securities are all in denomination of $1,000,
dated March 1, 1901. Interest will be payable semi-annually
deposit of lOjfj of
at the office of the County Treasurer.
the purchase money will be requiredfof all purchasers.
yirginia. Tender of Bonds Solicited. Tenders will be received by the Commissioners of the Sinking Fund until 3
county to vote on the question of issuing bonds to buy land
for the new "Santa Fe" shops.
Somerset County, Me.— Bonds Proposed.— The County
Commissioners have asked the State Legislature for authority to issue $15,000 bonds for the purpose of building an ex-
&
tension to the court house.
Somerville,
Tenn.— Bond
305
Bill Passes Legislature.— The
State Legislature has passed a bill authorizing the issuance
of $5,000 water and light bonds.
South CanoDSbnrg (Pa.) School District.— Bond Election.- AX the spring election February 19 the question of
iesuing $10,000 school-houee bonds will be voted upon.
South Dakota.— PFdrrani Sale, The First National Bank
of Council Bluffs haa been awarded an issue of $250,000 4^
emergency warrants at 100-0444. Warrants mature $150,000
Jan. 1, 1902, and $100,000 Jan. 1, 1903.
—
A
—
INVESTMENTS.
INVESTMENTS.
WE OWN AND OFFER
&
Perry, Coffin
Burr,
$75,000
INVESTMENT BONDS. STATEofCOAHUILA,
OF MEXICO,
U. S.
6%
6o State Street,
GOLD BONDS.
Price to yield
&
Trowbridge
BOSTON.
First
INVESTMENTS.
James N. Brown & Co.,
No. «a
BANKERS,
CEDAR STREET. NEW YORK.
Dealers in Covernment, Municipal, Rail*
road and Corporation Bonds.
INTEREST ALLOWED ON DEPOSITS.
Orders executed on N. Y. Stock ExciianKe.
5ii%.
Niver
MUNICIPAL BONDS.
Co.,
CHICAGO, ILL
National Bank Bnildins.
Stanwood &
E. C.
A.R.Macfarlane&Co. MASON, LEWIS & CO.
BANKERS,
Devonshire Streets
121
BANKERS,
DULUTH. MINN.
[Members American Bankers'
Monadnock BuildtoK,
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
M agents for non-resident property owners and
RAILROAD
r\Kt r\e^
D
BONDS.
^
MlIMCIPAl.5
Bonds Netting
Chamber
Co.,
5jg
Street
13 Wall
of Comineice,
RAILROAD,
MUNICIPAL
MUNICIPAL,
50 Wall
New
j
Street,
York.
List on application.
BONDS
ecurities Nettinor from
4H
to
d Per Cent
always on hand.
SBND FOR LIST.
CHICAGO.
[BONDS
J-^^XMJ^i^.
ILLS.
.
>_,-^.._.-^
RAILROAD
f
CORPORATION*
Dearborn Street.
)
.
ROBY ROBINSON,
ATLANTA
F.
R.
GA.
FULTON & CO.,
Municipal Bonds,
171
la SALLE STREET,
CHICACO.
ComDanv
this
a Gruarantee that
The books
liare
been closed in a
proper manner.
2.
INVESTMENT SECURITIES.
Barstow, Jester&Co.
CORPORATION,
1.
•
LIST ON APPLICATION.
ALWAYS ON HAND.
Banker,
Audit bv
is
Send for our Investment Circular.
^l"*
New York Life Bldg.,
Queen Building,
& William Sts. La Salle & Monroe Sts.
Cliicago.
New York City.
Cedar
172 Washington Street,
St.,
Securities Netting from 33^ to 6^
THEAUDirCOMRAN?
OF NEW YORK.
BONDS, An
corporation
MUNICIPAL BONDS.
Municipal Bonds.
Railway and Gas CompanieB.
LIST ON APPLICATION.
NEW YORK. CHICAGO,
DUKE M. FARSON,
BONDS.
'^^^^
T. B. POTTER,
MUNICIPAL and
a Specialty.
DETROIT.
St.
Choice lasnes.
Investors.
Warren, Andrews&
DevonBhlre
tfO
MUNICIPAL
RAILROAD
CORPORATION
DKALBR8 IN
Act
BOSTON.
BOSTON,
CHICAGO.
AB8'n.j
Co..
Any
carelessness or
irregularities
hare been discovered.
3.
The simplest modes
of book-keeping
hare been suggested.
4.
If the books do not present a true
commercial situation, the fact
vrill
have been pointed ont.
Inspections of books are made ^vithout
charge, for the purpose of quoting
prices. Terms are reasonable because
of the despatch with which audits are
made and
reports are furnished.
agerial oversight
counting.
is
given to
Manall
ac-
—
:
THE CHRONICLE.
306
February 19 for the sale to them of not more than $100,000 bonds of the State of Virginia, issued under an Act of
Feb. 14, 1882, known as " Riddleberger " bonds, or under an
Act of Feb. 20, 1893, known as "Century" bonds.
15-vear
Walhalla, No. Dak.— Bond Sale.-The $2,700
water and fire-department bonds advertised for sale on Nov.
5, 1900, were sold on Feb. 1, 1901, to the Minnesota Loan
Trust Co., Minneapolis, at 103.
Yakima County (Wasli.) School District No. 35.—Bond
Sale.— On February 2 the $1,000 15 20 year (optional) schoolhouse bonds were awarded to the State Land Commissioners
at par for 5^ bonds. Following are the bids
p. M.
H
:
58)..
lection of taxes.
bids
M. A.
city seeks
legislative authority to issue §300,000 street, $100,000 water
drainage and $310,000 railroad bonds.
Watertown, N. Y.—Bonds Proposed.— The issuance of
$100,000 high school bonds is being considered.
WatonTran Co. (Minn.) Independent School DIst, No. 20.
—Bond Sale.— On February 4 the $25,000 4<J 15-year school
bonds were awarded to M, K. Armstrong of St. James, who
offered par for the bonds and a site for the school building
valued at$l,600, equivalent to 106 40. Following are the bids
M. K Armstronjf.St. James.*»26,W0 00 R. Klevbolte & Co.. Cincln. .$25,312 00
»
stein. New York
101-36
Thompson, Tenney 4 Crawford,
New York
101-28
Geo. M. Hahn. New York
10r28
People's Sav. Bank. Yonkers... 101-21
And
00
a site valued at $1,600 for the school building.
of bonds see Chronicle Jan, 26, p. 205.
West Chester, Pa.— BoTid Saie.— This borough has sold an
For description
Winooski, Vt.— Bonds Not
1902 to
1902 to
We
1,950
,
inclusive.
1
from
inclusive,
West Avenue grading bonds, maturing yearly on October
1,
$360 in 19;2
1906, inclusive.
Securities are dated Feb. 18, 1901. Interest will be payable
semi-annually at the office of the City Treasurer.
Purchasers most be prepared to take the bonds not later than
Feb. 25, 1901, the money to be delivered at one of the city
banks or at the office of the City Treasurer. A certified
check for 2% of the amount of bonds bid for must accompany
proposals. Bids must be made separately for each issue.
!re7nporar?/_ loan.— This city has borrowed $10,000 from
the Second National Bank, Youngstown, for the purpose of
replenishing the street cleaning fund.
of Cumberland at par.
Woburn, Mass. Loan Authorized. — The City Treasurer
borrow $120,000 in anticipation of the
190fl.
190(5,
and $40J from 1903 to
Bank
has authority to
lection of taxes
Lawrence Barnum 4 Co., N. Y.10115
4 Co New York... 101-09
4 Co.. New York... 101-00
W. J. Hayes 4 Sons, Cleve
100-90
Westchester Trust Co
100-87
Allen, Sand
W. R. Todd
700 Smith Street grading bonds, maturing $140 yearly on October
Issued at Present.—
are advised that the bonds mentioned in the Chronicle Jannary 19 will not be issued at present and that nothing definite has yet been done other than receiving legislative authority to issue the same.
Woodstock, Ta.— Bond Sale.— On Feb. 1, 1901, the $20,000
4^ 20-30 year (optional) bonds mentioned in the Chronicle
Dec. 22 and Nov. 24. 1900, were sold to the Second National
to be
lOO'CO
Wood Street paving bonds, maturing $2,360 yearly on October 1 from
1902 to 1906, Inclusive.
Market Street paving bonds, maturing yearly on October 1. $750 in 1902
and tSoo from 1903 to 1906, inclusive.
2.250 South Phelps Street paving bonds, maturing $450 yearly on October 1
from 1902 to 190«, inclusive.
3,400 Hazel Street paving bonds, maturing yearly on October 1, $600 In 1902
and $700 from lw3 to 1H06. inclusive.
42,960 Belmont Avenue paving bonds, maturing yearly on October 1, $4,710 in
1902 and »4.260 from 1903 to 1911, inclusive.
275 Murdock Street guttering bends, maturing $100 on October 1. 1902 and
1903, and $76 October 1, 19"4.
1,500 Mt. Pleasant Street grading bonds, maturing $300 on October 1 from
25,235 00
26,000 00
issue of $5,0J0 S}4% water bonds.
.102*45
.
3,960
25,275 00
25,26100
25,-^60
Bs)..
Clerk, for the following 5% bonds:
25,257 00
<
D. Perlilns 4 Co. (for
Chas. H. Coffin (forOs)
$11,800
:
.
W.
For description of bonds see Chronicle Feb. 2. p. 255.
Yonngstown, Ohio.— Bond Ojferins'.- Proposals will be received until 2 p. M., February 18 by Wm. I. Davies, City
.
Merchants' L. & Tr.Co.. Chic. 25 BID 00 Geo. H. Bechtel, Davenp't..
Mason. Lewis & Co.. Chicago. 25,657 00 Trowhrld(!;e&.NlverCo..Chlc.
Stoddard. Nve 4 Co.. Minn... 26,H07 60 Farson, Leach & Co., Chic...
Kane * Co.. Minneapolis
W. J. McDonald 4 Co., Chic 2S,6S1
Devitt. Tremble » Co.. Chic. 25,611 11 State Sav. Bank. St. Paul....
CO
\V. J. Hayes 4 Sons,!Cleve...
26.368
ChicagoN. W. Harris & Co.,
(for
.100-CO
For description of bonds see Chronicle Jan. 19, p. 154.
Yonkers, N. Y,—Bond Sale.— On February 6 the two issues
of 4% assessment bonds aggregating $29,000 were awarded to
M. A. Stein, New York City, at 101-35. Following are the
Walthaiu, Mass.—Loan Authorized.—The City Treasurer
has authority to borrow $250,000 in anticipation of the col-
Conn.— Bonds Pro^josed.—This
Land Commls'ners
state
&
Waterbnry,
[Vol. LXXII.
col-
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