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UM6Y. Oir munk.

feb ii ihb

TV

financial

ommtrrtal §•

INCLUDING

Ban k and

Quotation Section (Monthly)
Railway and Industrial Section

Entered according to Act of

Congress in

A weekly
newspaper entered at Post

(Quarterly)

the year 1907,
by William B. Dana
Office, New York, as second-class

State and City Section
(semi-Annually )
Street Railway Section

Company,

matter—William

VOL. 84.

NEW YORK

Reorganized

»

BANKEItS

1879

NEW YORK

BANK NOTES, SHARE
CERTIFICATES,
BONDS FOR GOVERNMENTS
WITH

Organized 1856.

TYPE

PRINTING 1* RAILWAY
TICKETS OF IMPROVED
STYLES
OFFICERS .•
Wark-rn L. Green,
....
Jared K. Myers.

Frank K. Johnson
Celas. L. Lee,

,

.

Secretary

Treasurer

,

TRUSTEES:

T.

President

Vice-President

.

Capital

Joseph

Cbas. A. Moore
Francis L. Potts
Francis S. Smithers
Andrew V. Stout

#3,000,000

00
99

H,*J13,704

94,624,228 99
RICHARD DKLAFIELD.
...

ot

Richmond

and

Exchanges.

JOHN G

JOHN

C.

VAN

CASHIER.

O. JONES.
A88T. CASHIER.

FRED’K

62 CEDAR

O.

ASST.

Capital,
Surplus,

OFFICERS:

Asst. Cashier.
CRENSHAW JR., Trust Officer

Chase National Bank
Clearing
House Building

E.

-

-

$3,000,000

-

-

J. Hill

George F. Baker John 1.
Waterbury
A. Barton Hepburn
George F. Baker Jr.

EQUIPMENT OF THE
FOURTH NATIONAL
BANK
OF THE CITY OF
NEW YORK

—CORNER NASSAU AND
PINE

STREETS

7 Wall Street,

Ralston Welsh,

MUNICIPAL RAILROAD




Philadelphia.

ORIGINAL CHARTER 1829.

BONDS.
328

THE

CHESTNUT STREET,
PHILADELPHIA.

GALLATIN
23d Street and Sixth

BANK,

Are,,

New Vork.

Capital
Surplus

$1,000 000
-

-

NATIONAL BANK
OF THE CITY OF
NEW YORK
Capital .....
$1,000,000
Surplus & Profits (earned)

2,300,000

1 000 000

Founded in 1784,
THE

IS

MERCANTILE ACCOUNTS.

application.

511 Chestnut Street

New York.

AND OTHER

ESPECIALLY BANK OF NEW YORK
ARRANGED FOR HANDLING
Hational Banking Association.
—

Building.

on

INVESTMENTS.

Grant B. Schley
Albert H. Wiggln

THE

represented by

James II CHAPMAN, 421
Chestnut St.
represented by D. K.
Continental National Drake,
Bank

INVESTMENT SECURITIES

3,000,000

-

J.STALKER,Cashier GARFIELD NATIONAL

Directors:

Henry W. Cannon. Chairman. James
Oliver H Payne

other

BANKERS
-

HEPBURN, President

H.WIGG1N,Yice-Pres.

and

Edward B. Smith 6k Co.

Cap.&Surp., $9,159,000 Deposits, $61,063,000
A. u.
A.

& Sons,

NEW YORK

Our list of Investment
Securities sent

Richmond.
Sirekts,

WILLIAMS,

-

Members New York and Phila. Stock
Exchanges.

Richmond, Va.
Capital & Surplus, $1,200,000 Francis

L. i).

-

INVESTMENT SECURITIES.
Philadelphia,

CASHIER.

N. W. Cor. ioth and
Main

H. A.

Ambrose Monell.

Bankers and Dealers in

ASST. CASHIER.

FOXCROFT

33 Wall Street.

& Co

FREDERICK E.WILLIAMS, President.
Vice-President.
T. K SANDS, NOLTING,
Vice President
& Cashier.

8T.,

and

MECHANICS’ NATIONAL.
BANK.

BANKERS,

JOHN SKELTON

Arthur F. Luke.
J. Rogers Maxwell.
Fred’k B. Schenek.

Harvey Fisk

WILLIAM A. MAIN

CHARTERED 1810.

Corner ilth and Main
Streets,
■tiriiiioAD,
va.
Baltimore

of

Davison.

Charles A. Moore,
Charles H. Warren.
Frederick G. Bourne.
Charles II. Stout.

Government, Railroad
Municipal Bonds,

CLEAF,

WILLIAM

John L. Williams & Sons,

Bank

B.

Geo. F. Baker, DIRECTORS:
E. C. Converse.
Henry C. Tinker
T. A. Giliespia
E. F. C. Young,
F. L. Hine,
Daniel G. Reid
H. P.

McKEON.

VICE-PRESIDENT.

VICE-PRESIDENT.
MAURICE H. EWER,

Baltimore Stock

Correspondents:
M1DDENDORF, WILLIAMS

Undivided Profit*.

8CHENCK, President.
CHARLES H. STOUT
D. G.
REID,
Vice-President.
Vice-President.
CHARLES W. KIKCKS,
JAV1E3 V. LOTT
2d Vice-President.
Cashier.
HENRY P. DAVISON,
FRED’K P. McGLYNN
Chairman Exec. Com.

Chicago,
Members

and

$3,100,000.

PRESIDENT.

GILBERT G. THORNE.
VICE-PRESIDENT.

Lounsbury

R. De Lamar

...

Surplus nnd Profits
Deposits Jan. 20, 1907

H.
Freeland,
of the Board
Edmund C. ConverseChairman
John Mason Little
Wm. Nelson Cromwell
PhineasC.

James B. Ford
Warren L. Green
Francis L. fiine

NATIONAL BANK,
YORK.
FRKD’K

The National Park Bank
of New York.

BILLS

SPECIAL SAFEGUARDS
TO PREVENT
COUNTERFEITING # LITHOGRAPHIC

AND

financial.
THE LIBERTY
Capital, Surplus

BOSTON

ACCOUNTS INVITED.

<

NO. 21J2.

Asst. Cashier.

AND COR¬

PORATIONS, DRAFTS, CHECKS,
EXCHANGE, STAMPS. ETC..

D.

N. Y.

NEW

Government Bonds
Investment Securities

Printers

OF

9 1907.

FISK & ROBINSON

Trinity Place, New York

Engravers

Company, Publishers, 70^ Pine St.,

financial.

AMERICAN BANK
NOTE COMPANY
78 to 86
1796.

Congress, Washington,

.

financial.

Business Founded

FEBRUARY

(“^g®*)

in Office of Librarian of

B. Dana

OFFICERS
Samuel

Woolverton, President

Alexander H. Stevens, Vice-President

George E. Lewis, Cashier
Howell T. Manson, Assistant
Cashier

DIRECTORS
Adrian Iselin Jr.
Frederic W. Stevens
ALEXANDER U. STEVENS
w. ncuunr
Kooextsl*

Chab. A. Peabodt
Samuel Woolvebtos
CHARLES H. TWEED

Thomas Denny Jr

»

n

J. P. Morgan
& Co.,
CORNER BROAH,

Maitland,Coppell & Co.,

YORK.

NEW

Morgan, If arjes& Co.

Drexel & C©^

31

Cor.of 6th & Chestnut Sts.

miLADELFUIA.

issue

J. S. MORGAN Sc
BllOAD STREET, - -

ITIesirs.
22 OLD

PH1LA.

59

And Its

Galana

LONDON.

on

Transfers to

foreign

DEPOSIT

Buy and sell
Bill*
of Exchange
cable
on all
transfers

Commercial and

v/TGClrt. Travelers’
avaUabl* In
all parts of Credits,
the world.
BROWN, SHIPLEY & (JO., LONDON.

OX

DRAW BILLS OF EXCHANGE
TELEGRAPHIC TRANSFERS OF

ol the world.
and make Telegraphic

of Exchange

EUROPE,

the other

Buy and

AND THE

Travelers
World.

AND MAKE

MONEY TO

HAWAIIAN

Sell Investment Securities.
CORRESPONDENTS OF

AGENT8 AND

West Indies,

and

M ex loo

California.

purchase and

orders

sale of

Co.,

Cuyler, Morgan &

Seligman

London.

Brothers,

Sc Cle., Pari*. .
Alsberg, Goldberg Sc Co., Amsterdam.
Anglo-Callfornlan Bl£.,Lt.*SanFraiici*<’o

Seligman Freres

York.

Street, New

44 Fine

EUROPE, CALIFORNIA
ISLANDS.

Cuba,

for the
Investment Securities,
Execute

New York.

Letters of Credit to
Available in any Part of the

Available In all parts
Draw Bills

Broad Street,

Issue

TRAVELERS,

FOR

lions.

points. Issue

No. 21

ROTHSCHILD,
London, Paris and Vienna.
issue; letters of credit

mission.
of

and make

BANKERS,

Messrs.

Bny

l•i

Belmont & Co.,

Co.,

J. & W. BANKERS,
Seligman &

23 NASSAU STEET.
Agents and Correspondents of the

Exch’s.
and sell first-class Ini
,
,
vestment Securities on comI nVGSLH10IlL
Receive accounts
Banks, Bankers, CorporaQ/*r»n r»i +1 rxa
Firms and individuals
kJCLHi IUICq.
favorable terms. Collect
drafts drawn abroad on all points In the United
and Canada; and drafts drawn in the United
countries. Including South Africa
('s

LETTERS OF CREDIT
the United States,

No.

BROWN A SONS, BALTIMORE.
PRIVATE WIRE.
Mem*. N. Y., Phila„ Boston & Baltimore St’k

TiOffAPQ
UCtloiS

British

Available throughout

Wall St.

INTERNATIONAL CHERUBS.
CERTIFICATES OF

EXCHANGE.
LETTERS 01 CREDIT,

FOREIGN

Branches.

Bank of Australasia, the
Bank, Dernerara, etc., etc.

TRAVELERS’

SECURITIES.

INVESTMENT.

Mallet Freres A Cle., Paris,
Nacional de Mexico

Agents for the

CO.,

Limited,

Banco

CONNECTED BY

±

Smiths Bank,
London.

Messrs.

ALEX.

States
States on

BANKERS.

Telegraphic
Transfers,
Credit,

Land on dfc

Brothers & Co., August
NEW YORK,
BOSTON.

Brown

DEVONSHIRE STREET,

ON

allowed
on
Credits.
for Travelers

AGENTS OW

Peabody & Co.,
BOSTON.

Letters of

Units si

sold on Commission. Interest
Foreign Exchange. Commercial

ATTORNEYS AND

No.

Exchange,

PARIS.

Cable Transfers.
Circular Letters
available in all parts of the world.

115

for all Investment Securities.
Corporations and negotiate and

Loans.

hills of

OJiEIGN BANKERS,
subject to Draft. Securities

received

Deposits

Kidder,

Orders execnted
Act as agents of

Boulevard Hrassmann,

]

STREET,

YORK,

NEW

DOMESTIC AND ±
bought and
I>eposits.

WILLIAM

&2

STREET

WALT.

fforeigti ^rcliauge.

3?.valuers of

hauliers aud

[VOL. LXXX1V,

CHRONICLE

THE

BANKERS

INVESTMENT

TA1LER &Q)

MEMBERS OF

Street, New

27 Pine

York

Transfers on all the
Principal European Cities.
ISSUE
COMMERCIAL AND TRAVELERS’
CREDITS, BUY AND SELL RAILROAD
Cable

8TOCK&

CEDAR

39

NEW

Received Subject to

Allowed on

Deposits.

37

Draft. Interest
Securities

Exchange,

Execute orders

Credit.

Issue

BANKERS,

STREET, NEW

YORK.

General Foreign and
Banlring Business,

Dealers in

Domestic

Investment Securities.

sale of

Bought and Sold.

Commercial and Travelers^ Credits
all parts of the world.

Schulz &

Ruckgaber,

BANKERS.

New York.

William Street, ...
Members New York Stock Lxchange.
Correspondents of Messrs.
FruhHng & Qoscbce. London,
Berenberg, Uosbler
Marcuard & Co.. Hark.

Jota,

Transact a

for purchase and
Bonds.

available in

11

& Co.,

Hamburg.

Bank. FUlaie Dreedner Bank. Bremen.
CooMncrcta* A Travelera' Credits.
Buy and SeU Bills ot exchange.
Cable Tree iter i and leveetmeet Securities

Bremer

Issue

High-Grade Investment
Securities
Letters of
for

507

Chestunt St.

St., New

York

GRAHAM & CO.,
BANKERS.

Chestnut Street,
PHILADELPHIA.
Memberm Philadelphia Stock Exchange.
SECURITIES BOUGHT AND SOLD
No.

435

ON

COMMISSION.

received subject to Draft.
Dealers in High-Grade

Deposits

INVESTMENT
Issue Letters

SECURITIES.

of Credit

and

Traveler's Cheques.
LUt of current offerings sent on replication.

BROTHERS,
LawrenceT urnure&Co. MOSLE
16 & 18 EXCHANGE PEACE,
Bankers,

John Munroe
& Co.,
Street, New York.

Travelers.

Philadel phia

33 Pine

Credit

EXCHANGE

Stocks and

Kean, V anCortlandt&Co
to PINE

STOCK

Foreign Exchange

Letters ol

Domestic

Bankers

William Street,

MEMBER? M. Y,

Commission.

Foreign &

& Co.-

BANKERS,

Sought and Sold on

Foreign

INVESTMENT

Heidelbach, Ickelheimer

YORK,

BANKERS.
Deposits

BONDS AND

SECURITIES. ACT AS FINANCIAL
AGENTS FOR CORPORATIONS.

Co.,

STREET,

HRedmmul&dLa.

STOCK EXCHANGE.

BANKERS,
WALL STREET, NEW YORK.
54
Members el the N. Y. Stock Exchange.
Buy and Sell Bills ol Exchange and

VESTMENT
SECURITIES

Winslow, Lanier &

NEW YORK

KESSLER & CO.,

nMTKjq^

US

SECURITIES.

NEW

YOKE.

Wall Street, New York.
received subject to draft. Interest al¬ COMMERCIAL CREDITS,
Square, Ronton.
deposits. Securities bought and sold on
FOREIGN EXCHANGE.
commission. Travellers credits available through¬
Issue Circular Letters of Credit for Travelers’ Use
Abroad Against Cash or Satisfactory
the United States, Cuba, Puerto Rico, Mexico,
of Repayment.
Attorneys and Agents of
Central America and Spain. Make collections inand
30 Pine
4 Pont Ollice

50

No.

No.

lowed on
out

Guaranty

Exchange on London. Pari*,
Zurich and St. Gall.
Credits




Rcrlin,

Paymkntb Made by Ca ple
Kioune—MUNROE A co.

Opened and

ParLs

Deposits

issue

drafts and

cable transfers on

Banker*! —
Bank, Limited.

London

above countries

London

Paris Bankers*— Heists

dk Co,

Jo!lR*Stock

MESSRS.

KONIQ

BROTHERS Bankers

LONDON.

in

THE CHRONICLE.

Feb. 9 1907.

gitulicvs.

jankers.

T*oteir\ti ^scUaugc.

Win. A. Read & Co.
BANKERS.

Lee, Higginson & Co.,
44 State

BANKERS

investment Securities.

Street, BOSTON.

3 Broad

New York*

Street,

Dealers in

CHICAGO OFFICE,

NEW

Th« Rookery.
43 State St.

YORK.

305 La Salle St.

303 E. German St.

Member* New York end Boston
Stock

Exchange

Members Sew York Stock

CHICAGO.

BALTIMORE.

BOSTON.

HIGH-GRADE BONDS

STREET,

NASSAU

Plympton, Gardiner & Co.(

MiUett, Roe & Hagen,

Boston, 10 Post Office Square.

Exchanges.

J. B~ RUSSELL & CO.,

Member* N. Y. Stock

Exchange

BANKERS

BT«, NEW YORK,

46 WALL

BANKERS.

DEALERS IN

Conservative Investments
LISTS ON

27

NEW

WILLIAM

High-Grade Bonds
AND

REQUEST.

Investment Securities.

IOUK.

Boatou.

Chicago.

Safety Deposit Vault* for
Member*

t

of the Illinois Tunnel

Company.
Financial

Representatives of the
Electric

N.W. HARRIS & CO.

Company.

Fine Street, Corner William

Railroad and other
Investment Securities

Automatic

BRANCH OFFICES:

CARBONDALE, PA.

CHICAGO, ILL.
WILKES BABBS, PA.

BANKERS

BANKERS

Uee of Customer*.

S New York Stock Exchange*
t Chicago Stock Exchange*

Financial Representative*

Geo. P. Butler & Bro,

BEADING, PA.

SCRANTON, FA.
DAYTON,
BINGHAMTON, N. Y.

OHIO
NEW YORK

>i Wail lliMt

NEW YORK.

to ehaek
balances.
Act a* t»cal agents for munici¬
palities and corporations. Issue
letters
of credit and
deal la
Receive deposit* lubjeet

nnd

allow

interest

on

BONDS FOR INVESTMENT

Goldman, Sachs & Co.,
BANKERS
43

EXCHANGE PLACE,
Members of

NEW YORK.

New York Stock Exchange.

HALLGARTEN & CO.
Bankers

and
Bon da

Execute orders for purchase

LUST OH APPLICATION

•ale

of

and

Stocks

Buy and Sell Foreign
QABLF

AD DR LAS

Exchange.

t BA8SAU SI BEET,

.

HEW Y0BX

"COLDNESS.

Letters of Credit

Blake Brothers & Co.,
10

Issue Commercial and Travelers’
Letters of Credit,
Available in all parts of the

84 State Street,

Exchange Place,

BOSTON.

NEW YOKE.

world.

Investment Securities

IN

Investment Seenrltlea
and

Dealers in

NEW YORK

DEALERS

Foreign Exchange

Commercial Paper

CITY

and other
MUNICIPAL BONDS.

H. B. HOLLINS &

Commercial Paper.
Investment Securities.
Members New York & Boston Stook

Exchanges.

Cor. of Wall and Broad Sts^

CO.

N. W. HALSEY &

CO,

BANKERS.

Hew York.

and make BONDS FOR INVESTMENT.
Asia, Aus¬
Interest Allowod on Deposit Accounts,
tralia, the West Indies, Central and Fiscal Agents for Cities and Corporations.

Draw Bills of Exchange
Cable Transfers to Europe,

and Mexico.
Credit for Travelers,
available in all parts of the world.

Philadeiohia.

BANKERS.

Zimmermann & Forshay,

NSW YORK

DEALERS IN

BANKERS.

South America

Issue Letters of

Rudolph Kleybolte& Co.
MUNICIPAL, RAILROAD and
8TREET RAILWAY
27-29 PINE STKEET, NEW
on

Y0BK.

DailvandTime Deposits.

NEW Y0BK.
San Francisco

Chicago,

FHJULA DELPHI A

Wall Street, New York*

Members Men York

Stock Exchange.
lor tavast-

Orders exeentad for stocks and hoods
ment or on margin.

BONDS.

Interest Paid

0 and 11

49 Wall Street,

FOREIGN EXCHANGE

E. D. SHEPARD &

Bought iSoM

LETTERS OF CREDIT ISSUED.
all Parti af the World,

LONDON

BOSTON

Cable Transfers to
BIRD S.

Stern &

Schmidt,

FOREIGN EXCHANGE,

INVESTMENT SECURITIES-

WILLIAM STKEET, NEW
M*m ben N. T. Stock, Cotton aad




YORK.

Coffee Exchange*

LEONARD H- HOLE.

COLER,

Member N. Y. Stock

00.

Exchange.

W. N. COLER &

CO.,

BANKERS
59 CEDAR ST„ NEW YORK.

INVESTMENTS.

KNAUTH, NACHOD & KUHNE
BANKERS.

Members of the

NcwYork Stock Exchange,

LEIPZIG GERMANY.
lUOMAblUNU 17

NEW YORK.

1b WILLIAM ,«T

| VOL. LXXXIV.

THE CHRONICLE

IV

©anadiati

f^otrinti.

BANK,

DEUTSCHE

BERLIN, W.

The Union Discount Co. Bank of Montreal
[Established 1817.]
of London, Limited.
39 CORK HILL..

BEHREN8TRA88E 9 TO 13.

Telegraphic AAdxeaa, Udlaoo, London.

#47,619,000

CAPITAL
M.

200,000,0001

M.

07,009,000.

OlTIDliTDS PAID DURING LAST TAN

TEARS:

10,10,10«, 11,11.11,11,11,12,12 per oent.

#7,500,000
3,750,000

Capital Hubscrtbed
Paid Up
Reserve Fuad

NOTICE 18 HEREBY GIVEN that the RATES
OF INTEREST allowed for money on deposit are
aa follow*:

BREMEN, DRESDEN, FRANKFORT-ON-M.,
LEIPRIC,
HAMBURG,
MUNICH.
NUREMBERG, AUGSBURG
WIESBADEN.

A^encvt

Yard, Lombard St.
E. C.

at rates advertised from

loans

on

#595,000

Reserve Fund

2,500,000
OFF I(C E

R. Y. HEPDEN,
W. A. BOG,
J. T. Molinkux,

)

> Agents.

)

and Cable Transfers; grant Commercial and Trav¬
elers’ Credits available m any part of the world;
issue drafts on and make collections in Chicago ana

throughout the Dominion of Canada.

Office, No. 46 & 47 Threadneedle St.
F. W. Taylor,

FOR

AMERICAN

RAILWAY CORPORATION?

IN THE OBTAINING OF

LOANS AND SALE OF

SECURITIES.

NEW

PARIS,

YORK,

Broad

UKtrauAT: Montevideo.

The London City &
Midland Bank, Limited,
HEAD OFFICE*

9, rue Fillet-Will

Street.

5 Threadneedle Street, London, England.

Cordoba, Tuouman
Bolivia : La Paz, Oruro.
Ohili : Antofagasta, Concepcion, Iqmque, Osorno,
Puerto M ntt, Santiago, Valdivia, Valparaiso.
Peru : Arequips, Callao, Lima.

Manager.

Iforeigtt.

FINANCIAL AGENTS IN FRANCE

AS

Argentina : Bahia- Blanca,Bell-Ville, Buenos Aires,

With Branches in all the Principal
of England.

Cities and Towns

Telegraphic Address: Cinnabar, London.

SWISS BANKVEREIN

ESTABLISHED 1836.

Barcelona.

Mtmi— Agents: Banco

SUBSCRIBED

CAPITAL,
CAPITAL,
RESERVE FUND,

Mexloano de Comerolo e

Induatria, Mexico.
Bills sent tor collection, negotiated or
advanced upon.

BASLE, ZURICH, ST. GALL,

Drafts, cable-transfers and letters

GENEVA, LONDON.

London Agents.
Deutsche Bank (Berlin) London agency.
4 George Yard, Lombard 8t„ London,

E.C.

Capital, Paid Up

-

Surplus

PAID-UP

Director.

Fr. 62,800,000 BOISSEVAIN &
34 BROAD STREET,
Fr. 14,280,000

CO.,

NEW

Direction der

Adolph Boissevain & Co.,
Amsterdam, ,Holland.

E8TABLI8HED 1861.

Berliner

BREMEN.
STINTBRUCKE 1

BERLIN, W.,

LONDON, E. C.,

FRJLNK FORT-ON-M^
Rossmarkt 18.

53 Corn hill.

-**

“

*

“

Discontog*, frankfurtmain,
schwoldk, Bremen.

••

**

Soondito, London.

TRANSACT A
GENERAL
AND STOCK EXCHANGE

NORTHCOTE,

BERLIN, W.,

DUDLEY & COMPANY,

Behrenstrasse '82-88

and

Franzosische-Strasse 42

49 Wall

Telegraphic Address:—Handslschaft, Berlin.
11

Poultry,

Street, New Fork,

Oheapsids

London, B.C.

$40,476,200

-

BANKING
BUSINESS.

Handels-Gesellschaft,

Telegraphic Address, Disoontogx, Berlin.

CAPITAL, fully paid,

YOICK.

Members New York Stock Exchange.

Disconto-Gesellschaft,
44-44 BEHBEN 8TRA88*.

$75,428,400
15,714,250
15,714,250

E. H. HOLDEN, M. P., managing

of credit issued.

.

PINE STREET.

31

market.

25

Branches*

s

NEW YORK OFFICE:

No.

FIrst*Class Investment

:

BERLIN.

SPAIN

General Manager

Securities for the French

ACT

#4,190,000

HEAD

159,831.81

K.C.M.G.President

E. S. CLOUSTON..Vice-Prest. and

#4,761.000

Capital
M.

-

$14,400,000.00
11,000,000,00

Honorary President

time to time, and grants

FRENCH FINANCE CORPORATION
OF AMERICA.

(Deutsche Ueberseebsche Bank.)

17,800,000

-

Hon. Sib geobge A. Dbummond

London

Subscribed Capital

M.

-

strathcona and Mount Royal

CHRISTOPHER it. NUOKNT, manager.

BANCO ALEMAN TRANSATLANTIC!)
raid Up

-

Head Office—Montreal.
Rt. Hon. Lord
G. C. M. G

approved negotiable securities.

Purchasers of

20,000,000

-

Buy and sell Sterling and Continental Exchange

Deutsche Bank (Berlin) London

M.

-

UNDIVIDED PROFITS

Call, 8& Per Cent.
At 3 to 7 Dayt’ Notice, 334 Per Cent.
The Company discount* approved bank and mer¬
cantile acceptances, receives money on deposit

AND THE

LONDON

paid in

At

Branches:

4 George

CAPITAL
REST

3,350,000

$5—£1 STERLING.

#33,118,000

RESERVE

$anks.

ESTABLISHED 1856

M. 170,000,000.

807 Monadnock Bloc
Chicago

FOREIGN FUNDS
For Investment in the United States.

RESERVE,

$13,712,526 Banking Transactions of Every Description.

....
M. 57,500,611.

With the unlimited personal liability of
the following partners:
A. SCHOELLER,
M. Schinckel,
A. Salomonsohn,

Capital,
Reserve,

J. H OXTER,
E. Russell,

I

I

-

-

-

-

M.100,000,000
M. 29,000,000

F. Urbig.

Hong Kong & Shanghai
BANKING CORPORATION.

Paid-up Capital (Hong Kong Currency).. 110,000,000
Reserve Funds

^lasSojHK) \ "

j {|J

Reserve Liability of Proprietors.

Brasilianische Bank
The National Discount
fur Deutschland.
CAPITAL.

M 10,000,000 00

Head Office: HAMBURG.
Branches: Rio de Janeiro. Sao Paulo,

8antob

Company, Limited.

Porto Alegre.

35 CORNHILL,
LONDON, E. C.
Cable Address—Natdia, London.

Bank fur Chile und
Deutschland.

#31,166,635
Subscribed Capital
4,33 <,335
Paid-Up Capital
Reserve Fund
3,000,060
($6=£1 STERLING.)
-

CAPITAL....,
11110,000,000 00
HAMBURG, with branches In CHILI (Banco de
Chile a I lnsssMls) Valparaiso, Santiago, Conoepoiea. Tomaso,
Antofagasta; and in BOLIVIA

de Orarc.
Chile 4 Alemanla, Becclon Bolivians),
auw*
pax and
The above-named banks, founded and represented
Barepe hr the
Dlreetlen der Disconto-Gesellscbaft,
Berlin. Bremen. Frankfort o/m and London
Nerddeitaehe Bank in Hamburg,
H AKBCTM. ef«r their services for every description

regular jo banking transactions.




NOTICE IS HEREBY GIVEN that the RATES
OF INTEREST allowed for money on deposit are
aa follows:
At <

.

*°’*60«00#

10,000 000

GRANT DBAFTB, ISSUE LETTERS OF CREDIT, NEGOTI¬
ATE OR COLLECT BILLS PAYABLE IN CHINA, JAPAN.
PHILIPPINES. STRAITS SETTLEMENTS, INDIA, ETC.

WADE GARDNER, Agent, 50

Wall St.

INTERNATIONAL BANKING

CORPORATION.NCAPITAL A

SURPLUS, .6,500,000
Exchange and

Bay ana ael? sterling and continental

Cable Transfers. Negotiate Draw or Receive
for Collection Bills on Points in the
Orient. Issue letters ot Credit
Branches at London, Bombay, Calcutta, Singa¬
pore, Canton, hong Kong, Manila Shanghai,
Kobe, Yokohama, San Francisco, City of
Mexico. Washington, D. G. Panama.

all, 3& Per Gent Per Annnm.

At t to 7 or 14

Days’ Notice, 834 P. C.

Approved bank and mercantile bills discounted.
Money received on deposit at rates advertised from
time to time, and for fixed periods upon terms to be
especially agreed upon.

granted on approved negotiable securities.
PHILIP HAROLD WADE, manager.

Loans

H. SCHERER &

CO.,

BANKERS.
Callectlans, Foreign exchange and Invest¬
ment

Securities.

MEXICO.

iBauks and Bankets.

©anadiaw Batiks.
THE CANADIAN BANK
OF COMMERCE,

BARING
15 Wall (Street,

$10,000,000

CAPITAL,

5,000,000

SURPLUS

No*. 10 AND 18 EXCHANGE PLACE,
Wm. Gray and LL B. Walker. Agents

BARING

Aeoor'ption transacted witli Canada.
Drafts and telegraphic transfers on
the Bank’s branch at COBALT, Ontario,
issued at lowest rates.

Fund,

.

ESTABROOK & CO.,

£1,000,000 Sterling
440,000 Sterling

.

....

Head Office:
5 Gracechurch Street. London,

allowed

Nassau and Pine Streets

13

Boston

15 State Street, Boston.
STREET, NEW YORK.

BROAD

34

INVESTMENT SECURITIES.
E. C.

GOVERNMENT, MUNICIPAL AND
CHOICE RAILROAD BONDS.
Continental Exchange

and Cable Tranafe's; Grant Commercial and Travel
er.V
C. edits available in anv part of the world.
lMaea Draft* on and make Collections in all parts
of the United Sta’es and Canada

Merchants’ Bank of Canada.
MONTREAL.

HEAD OFFICE:

$$.000,000
3,074,590
FORK OtblCE: 63 and 65 Wall St.

Geo. A. Femald & Co.
Member* Beaton Stock Exchange

JACKSON & CURTIS

BANKERS

London

Sovereign Bank of Canada
71

INVESTMENT
SECURITIES

S. D. Loring.
C. Sidney Shepard,

PINE STREET

The English Association of American
Bond & Share Holders; Ltd.,
STREET
LONDON.
England for American and
ma
Industrial Companies.

WINCHESTER

Agent In
Canadian Hallway
a*

Irnsuer

INVESTMENT
SECURITIES

<t

^ Special.

SON,

S.D. LORING &

Jfoveicw
OREAT

19 Congress Street,
Boston

Street,

New York

Homer Loring

Act*

64 Devonshire Street,

.

.

Boston.

Urreciors

Smith ins, Chairman
Lord Wklby, W. Li di.ey, T. 11 eynolds—London
T. P. Fowler— N.%o Torn

NEW YORK

BOSTON

33 Wall Street

33 Congress 8t

BANKERS,

Tucker, Anthony & Co.,
BANKERS

Alfrkd W.

INVESTMENT BONDS.

THE

& CO.,

OF THE CITY

in Eurooe.

Codes. Ilartfleld’*

AMERICA-BANK A. G.
BEHRENSTER. 48

,

Million
SURPLUS, ilik.3K Million

CAPITAL, Tik. 35

Transacts a General
pays

Banking Business and

epeei «1 attention to the execution

Banking Transactions with

and other American

Surplus,

-

BANK

AND

Countries

Concluded on next page

Members of New

No. 20 Nassau

Vice-Presldeni
Vice-President

-

Cashier

-

New York.

•

Investment

Securities

SPECIALTY.

and 46 Wall St.,

CO..

BERTRON, STORRS & GRISCOM.
BANKERS,

New York.

INVESTMENT SECURITIES.

Bills ot

Street,

High-Grade

BANKERS,

44

York Stock Exchange.

President

H. AMY 80

of Credit and

CO.,

BANKERS,

MERCANTILE ACCOUNTS
A

SIMON BORG fc

1851.

$1,000,000
1,000,000

SAMUEL S. CONOVER,
CHARLES F. MATTLAGE,
CHARLES L. FARRELL,
BENJAMIN F. WERNER,

AMERICA

Investment Securities




-

of all

Cheques
available In ali parts of the world; Interest on
Deposits; Foreign Exchange, Cable Transfers;
Foreign

and Hudson Streets

the

UNITED STATES OF
Travelers’ Letters

Capital,

York Stock

Bouton nnd New
Exchange*.

BANK

Original Charier,

Walt St., W. U. A Lieber.

BERLIN: W. 64,

STREET,

OF NEW YORK.

Chambers, West Broadway

Tel. Address, Voco.

members

IRVING

NATIONAL

HAGUE, HOLLAND.

Place American Investments

BROKERS,

BOSTON.

the

OSS

&

63 STATE

America and Canada are
Bank of Montreal.
THOMAS BINDLEY. .Strrezaan

1 be Ansoclatioo’s Agent* in
Tbc Morton TruM Co. and the

VAN

CO.

H. W. POOR &

Dominion

the

NEW YORK AGENCY, 35

5

BOSTON

Branches Through-

out

36 WALL STREET

STOCK EXCHANGES

1 Nassau

The

NEW YORK

(Scotland,

Bank ol

Agents— Itoyal

Corporation Bonds
67 MILK STREET

MEMBERS NEW YORK AND

Agent.

116 branches in the Provinces of Quebeo, Ontario,
Manitoba, Saskatchewan, Alberta and British Colnmbia. Good facilities for effecting prompt collec¬
tions in Canada. Bu and sell Sterling Exchange
and Gable Transfers.
Issue Commercial and Trav.
elers’ Credits, available in any part of the world.

Municipal, Railway

BOSTON

BANKERS

...

W. M. Ramsay,

*

and other

CAPITA I.
Rest and Undivided Profits
NEW

421 Chestnut St.
Philadelphia

Congress St.

New York Office: 62 Wall Stxmt
ELM J JioMIGHAEL.I Agents.
W T. OLIVER.
f

Bay and sell Sterling and

on

BANKERS,

1886.
Royal Charter in 1840
.

and
Im
deposits.

New York

Established in

Paid-up Capital,

CO., Ltd.,

&

LONDON.

The Bank of
British North America

Reserve

BROTHERS

and Exchange business of every

terest

for

Agents and Attorneys

Members of the New York and
Boston Stock Exchanges. Deal¬
ers in Government Bonds
other Investment Securities.

INVESTMENT SECURITIES.

Buy and Sell Sterling and Continental Ex¬
change and Cable Transient, > amine relit I
and Travelers’ Credits.
Collections made at
all points.

Incorporated by

BANKUBS

Issue Commercial and Travelers’
Letters of Credit,

LONDON OFFICE.—00 LOMBARD STREET, EL CL
Bankers In Great Britalnt
The Bank of England,
The Bank of Scotland.
Lloyds Bank Limited,
Onion of London and smith’s bank. Ltmitxd.

Ban kins

Mackay & Co.

New York.

Bay and Sell Foreign Exchange

OFFICE:

NEW YORK

CO

&

BANKERS

TORONTO.

HEAT) OFFICE.

PAID-UP

v

THE CHRONICLE

Feb. 9 1907. i

Exchange,

Letters ol Credit.

Building,
PHILADELPHIA.

Land Title

40 Wall Street,

NEW YORK,

INVESTMENT SECURITIES,

tanamo
yuey

GENERAL

HANKGH8,

New York Stock
Interest AUmved on Deposit*.

Members Phila. and

ASSETS
.

Banks and Bankers
Bonds and Stocks

„

OW

Girard Trust Bldg
PHILADELPHIA, PA,

112 So. 4th at. and 100-102

Exchanges

Members ot Phila. &

5i Clark,
Doook&Co.,
Fikht N aL HjIlNE

YOTK wOrr68D()Dtl0nt8.

N. Y. Stock Exchanges.

Investment Securities

Owned—

Government Bonds
SI,809,898 48
City of Havana Bonds
1.103,355 24
Other Bonds anil Stocks..
193,82S 33
Loans, Discounts, Time Bills, Etc
Furniture and Fixtures
Real Estate and Building
Sundry Accounts
on

t

S3,149.818 20
1.202.782 IS $4.442,000 3b

Morgan &c Co.,

HANKERS & BROKEItS

PHILADELPHIA
321 Chestnut Street,

Cash—
In Vaults

& CO., Ross,

CLARK

W.

E.

Matanzas Santiago>
Caibarien Guan¬
Santa Clara- Pinar de kio, Cama(ialiano Street Havana Cuba
BALANCE SHEET JUNE 30. 1906

Cardenas- Cienfue^os.
$agua la lirande

Manzanillo

PHILADELPHIA

PHILADELPHIA.

National Bank of Cuba
Havana

outside 3Tevu TJork

uttxluvs atitl Brokers

2? 0 reign.

Calls

[VOL. LXXX1V.

THE CHRONICLE.

VI

Battles, Heye Sc Hamson

S3,107,032 05

10.397,417 28
08,430 73

BANKERS.

BANKERS AND BROKERS

248,015 23

104,800 80
504,600 00

Capital Stock Due Aug. 1st

j. w. SPARKS & CO.,
PHILADELPHIA STOCK EXCHANGE
«EMBERS J NEW YORK STOCK EXCHANGE
CHICAGO BOARD Ob TRADE
1
I

DEALERS IN HIGH-GRADE UNLISTED
AND INACTIVE LISTED BONDS
/OH
INVESTMENT PURPOSES

818,933.012 47

e>

Investment Securities

LIABILITIES.

S5.000.000 00
300,000 00

Capital
Surplus

131 South 5th Street

62 Broadway

PHILADELPHIA

NEW YORK

414.415 59 $5,714.415 59

oUndivIded Profits

Deposits

Third Sts..

Corner Chestnut and

Private

Wires, N.Y., Pittsburgh, Chicago

13,219,190 88

-

$18,933,012 47
$178,424 00 4%
payable July 2nd, 1906.
a

Deduct

Semi-Annual Dividend

T.tle Building,
PHILADELPHIA.

Land

CO

D. M. MASOM &
London

Westling, Jones & Emmett,

Coi'M'HpnnilentH.

Purchasers of First Class Investment Securities
for the Bitish and Foreign Markets.

Audenried
& Bowker,
Drexel
WATER WORKS BONDS

Municipal and Corporation

Guaranteed Pnncmai arid Interest hy

BON DS

American Water Works & Guarantee Company.

PENNSYLVANIA TAX-FREE

LON DO V. E. (\

39 Lombard Street.

!

W. G. ItOPPhR,
Members ol Philadelphia

I

ISSUES

Philadelphia Stock Exchange

Members

Jordaan Cohen & Wennink.

Win. G

Hopper & Co.,

seeclrt! attention, lnforfurnished regaromg present
proposed Investments.

cheerfully

ho.dluga or

NATIONAL™ BANK
MILWAUKEE.

OF
UNITED

RAILROAD iND OTHER
CORPORATION BONDS AND STOCK.
S»n<t

OREGON.

$5,000,000 00.
General Banking Business.

Cm t Ff’TTOvs

our

Circular.

Representatives of Spei»cer Trask & Co.
BOSTON.

Transact a general banking business. Bonds,
Stocks and Local Securities. Private wires to
New York. Boston and Philadelphia.

Accountants.

New York Oflice, 40 Wall & ‘.17

PHILADELPHIA.

BANKERS.

PREFERRED.

f-NVESTIWENT SECURITIES.

& Co.

HARTFORD

t

PERLEY MORSE, Pres.

> Certified Public

HENRYC. DAVIS,Secy.

^

Conn. Insurance and Bank

Stocks

Gen’l Investment Securities

ACCOU!ltantS

H.

Um

K

TAYLOR

CONN.

MUTUAL

&.

CO.,

BUILDING

ware' expertepen

L00MI8, C0NANT& CO.

CERTIFIED PUBLIC ACCOUNTANTS
30 Broad Street New
Tel, 4058 Broad.

York.

CERTIFIED PUBLIC

32 Broadway, New

SPECULATION, with all
of

a

York,

Chicago.

American

recommend

Telegraphone Company’s

Treasury Stock.

CASE,

DEALER IN

MEW JERSEY

SECURITIES,

15 EXCHANGE

PLACE

JERSEY CITY.

Telephone 75L.

Write for illus¬

ROSE & CO.,
YORK

JERSEY.

EDWIN R.

TOPEKA.

trated booklet No. 644.

Certified Public Accountants
50 Pine Street
NEW
Telephone 4201 John.

NEW

the

bond investment,you

cannot do better than

ACCOUNTANTS

ISO LaSalle Street.

JF your client wants a good
sureness

JAMES PARK & CO.,
HOW,

Pi.

Telephone 2209 2270 Broad

New York

Bpnoui Department tor Bank Examination! under
management of a National Bank Examiner ot
many

NEW YORK

ACCOUNTANTS
-

43-49 Exchange

41-43 Wall St.

Building,

VORK

-

Company,

STANDARD AUDIT CO.

Land Title Building

Broadway,

Weeden &

Lighting and Gas Properties
LARGE PROPOSITIONS

Public Accountants
(Pennsylvania)




Finance Electric Railways,

We will Purchase or

MONTGOMERY

CERTIFIED PUBLIC

Pine Sts.

PROVIDENCE.

11 Plue Street

ROSS BROS a

52

"lOChf EXCHANGE

viEMMEKS KOSTON

JOS. B. MAYER, President,

DybrandT

Wilkinson, Reckitt, Williams

IXYEST1WEXT

FOR

BOXOS

FINANCE CO.

KKXV

BOSTON.

7 CONGRESS S f.

Exchange Street, Providence, R. I.

TRACTION. OAS & ELECTRIC

Otvkn special Attention.

Wall Htreet Exchange

COMPANY,

&

ADAMS

”

Certified

Exchange.

Members Philadelphia Stock

BANKERS,

RESPONSIBILITY
a

for

Richardson & Clark.
25

ESTABLISHED IN 1859.

Transacts

4th Street

I 25 South

PROVIDENCE

Tilton,

BANKERS,

PORTLAND,

Philadelphia, Pa

-

HIGH-GRADE

OFFICERS:
Fred Vogel Jr., Pres.
Henry Kloes, Cashier.
Ohca * k astrn. Ast.Cush.
Wm. Bigelow. V.-Pres.
T.
Fked.
IiOI.L, V.-Pres.
K. J Hughes Ass’tCash.
a. W. Book. A<R.«Tihk
W. C. HAAS, Mgr. Foreign & Savings Dept.

Ladd &

Dulles & Co.,

Dealers in

$2,500,000

Capital and Surplus,

Street,

PHILADELPHIA

c.

BANKERS & BROKERS

BANKERS «fc BROKERS,
141 South 4th

DEPOSITARY.

STATES

a*v.

lUi cOUtfl. 4tU otreet,

Benj. C. Warnick & Co., Wurts,

Sauhcvs
FIRST

Stocks and Bonds

Philadelphia.

.nventmentH receive our
motion

PAIUS.

Syracuse Rapid Transit

STOCK AND BOND BROKERS.

28 South Third Street,

BANKERS.

& CO.

JOHN H.McQUILLEN

II. S. IIOPPKP.

Stock Exchange.

KANSAS
the ol dermis sues of Kansas bon
0. H. MARTIN,

I buy any of

Sterling Debenture Corporation
66 WALL

ST.

NEW YORK

TOPEKA,

-

-

-

KANSAS

vn

CHRONICLE.

THE

1%7

Feb. 9

jankers and $kolicvs

Y. Stock Exchange
EXCLUSIVE private wire

Members N.

BROKERS.

AND

BANKERS

SOLD

ROBINSON.,

&

DANN

ESTABLISHED 1S03

Halsey,

Halsey &

Securities

BOUGHT ANH

PITTSBURGH.

LOUISVILLE.

BUFFALO

Buffalo

outside Jicur

ROBINSON BROS.,
Bankers,

LOUISVILLE.

INVESTMENT SECURITIES.
N.Y. Correspondents: DOMINICK & DOMINICK.

OFFIC E, 111 Broadway
BUFFALO OFFICE. 1000 Elllcott Square

MEMBERS OF NEW
PITTSBURGH STOCK

Wood and Diamond

YORK AND
EXCHANGES

PITTSBURGH

Sts.,

NEW YORK

CO.,

MEMBERS NEW

New York

TELLER,

GEORGE R.

BUFFALO, Ktf Y.

Local Mocks. —

BOXDS.

RICHMOND.

Davenport & Co.,
RANKERS A NO BROKERS,

f New

solicited and Information
nished about Southern State. Municipal and
road Investment Securities.

Members:

Cotton

Exchange.

■] Chicago
Rochester Stock Excliauge.
Board ol Trade.
(.

Daily Lists

4c7c to 6%

Securities

E.

Telephone and

URBAN

MILWAUKEE
R. M.

SCHLEY

LIMA,

1st

FRIEND

and

CORPORATE

SCHLEY & CO.,

CHAS.

ESTABLISHED 1850

MILWAUKEE,

WISCONS N

-

-

and Brokers.

OLDEST BOM)

HOUSE IN

INDIANA

Market 8t„

-

.

Investment

Securities

Indianapolis Stock

Members

American Nat

Bank Bldg.

Exchange

INDIANAPOLIS

NEWTON TODD
TRACTIONS AND

STOCKS AND BONDS.
Fletcher Bank Building, Indianapolis.




LOCAL

AUGUSTA.

John W. Dickey,

Bonds.

COMPANY

BANKERS,

Investment Se¬

Dealer* in Southern
curities ot Every

Description.

WILMINGTON, N. C.,
A XI)

408 Colorado

BROKER,

AUGUSTA, GA.

SECURITIES.

Building.

WILLIAM E. BUSH,
INVESTMENT

SECURITIES,

AUGUSTA, GA.
CORRESPONDENCE SOLICITED.

Otto Marx
Birmingham,

Steiner

•

Investment

BONDS.

SECURITIES, NEGOTIATIONS.

LOUISVILLE.

BROKERS,
•
Alabama.

Securities.

J. J. B.

STOCKS AND BONDS.
York Office; 11 Wall Street.

A.

8ON0S BROKER.
Investment Securities.

STOCKS AND

MONTGOMERY, AJLJL.

BANKERS AND

BROKERS.

INVESTMENT BONDS.

Strassburger,

Southern

HILLIARD & SON,
LOUISVILLE, KY.,

LOCAL
New

JONES,

ATLANTA, GA.

Brothers,

BANKERS AND

Birmingham.

ATLANTA

DARWIN G.

Alabama.

STOCKS Ai\D

"

& Co.
BROKERS,

BANKERS AND

INDIANAPOLIS.

ELLIOTT & SONS,

JOS. T.

Kuhn,

PERU,

Hugh MacRae & Co.,

Municipal and Street Railway
Securities—A Specialty
1*3 E.

Co.

Pittsburgh. Pa.

SOUTHERN

WILD & CO.,

Bankers

of

1.. L. dl’Clelland.
Sec. & Treas.
PAID-UP CAPITAL, $*00,000

WASHINGTON, D. C.

J. F

Corporation

Securities
President

NORFOLK. VA.

INDIANAPOLIS

Sell

iSO STOCKS;
Correspondence Solicited

Municipal and

MUNICIPAL

BONDS

and

INVESTMENT BONDS

COMPANY.

Mtgo. 5%%

MOTTU &

SECURITIES.
Bid?,. PITTSBURGH.

We Buy

SALE

RAILWAY
Of

DETROIT, MICH.

Trust Bids..

CHAS.

FOR

Pittsburgh Stock Exchange.

INVESTMENT

TENN

-

Co.,

J. 131aelii

James S.

Corporation

BONDS
Union

•

Columbia Bank

Street Railway
-

EXCHANGE,
Securities of

Pittsburgh District.
Fourth Avenue,
PITTSBURGH, PA.

Members

SOUTHERN.

BANKERS

Municipal and

W

Securities.

NASHVILLE,

specialty ol all the

240

BANKING CO.,

LANDIS

COMPANY

MOSS (X

great

Specialty.

NASHVILLE, TEW.

DETROIT. MICH,
W.

the

COULDINC MARR,

BANKER
Uoclicsler

PITTSBURGH STOCK

We make a

NASHVILLE STREET RY. SECURITIES
ULMRERLAND TELEPHONE STOCK

GREENE

MYRON W.

MEMBER

Dealer in

Bonds

Y. Stock Exchange

ROBERT C. HALL,

NASHVILLE.

Application.

Mailed on

BUILDING.

Pittsburgh Members N.

principal trade centres.

Privute wires to

SECURITIES

ROCHESTER

SPECIALISTS

FRICK
Oldest

H. l. Cabell.

Uunicipai Ponds a

BROKERS,

STOCK

RICHMOND, VA.,
New \rork Stock Exchange, New York
Exchange, Chicago Board of Trade.

State and

& Co.,

Wliitney, Stephenson

Bankers,
Members

BOARD OP TRADE.

Established 1871.

BRANCH,CABELL & CO.

Building,

CHICAGO AND

EXCHANGES AND

PITTSBURGH, PA.

fur¬
Rail¬

Ybrk, N. B. A.

C. W. Branch.

& HIBBARD

York Stock

i860.

Established

ROCHESTER. N. Y.

100 Powers

CHICAGO

Correspondence

PITTSBURGH

PHILADELPHIA,

PITTSBURGH STOCK

Reterence—Bank ot New

BON BRIGHT

-

Brokers

MEMBERS:

RICHMOND. VIRGINIA.

Securities

Investment

410 Wood St..

NEW YORK,

SECURITIES

OTHER LOCAL

Bankers and

MILLER A CO.

Correspondent.

Sproul & Co.,

Henry

Street Railway issues a Specialty
:\.emt)?r Louisville ''lock Exchange

FALLS AND

NIAGARA

SECURITIES

INVESTMENT

DEALERS IN

BUFFALO,

Broker.

Banker and

EXCHANGE

YORK STOCK

Established 1880.

l-VII.i.O, KY.

Ol

i

MEADOWS, WILLIAMS &

DUNLAP,

L.

JOHN

»

STREET

RAILWAY
A

SECURITISE

Specialty.

Correspondents, EX.

NORTON Sc CO., N.

YL

Tin

THE CHRONICLE.

j v'OL T<Y^>MV.

^Bankers and 25 volte vs outside 3Xcuj Tlovl;
CINCINNATI.

CHICAGO.

ST. LOUIS.

Bartlett, Frazier
WEIL, ROTH & CO.

&

CINCINNATI.

Dealers in
and

25
BROAD STREET
NEW YORK.
WESTERN UNION BLDG. CHICAGO.

410 and 412 Olive Street,

MEMBERS:

INVESTMENT BANKERS

STOCK

Companies.

Jr. & Co.,

OHIO.

-

ISSUE

Due July 1. 193b.
102H-

DEALERS IN

AND DEALER
-

214 N. 4th Street,

OHIO.

-

WHITE, WAGNER

amounts of Hioh Grade Muni-

&

CO.,

St.

are

be available

DENVER. COL.

Exchange,

Stock

suitable for the investment

of trust funds and would aiwavs

EXCHANGE

IiOnls

Exchange,
Chicago Stock Exchange,

vieldin? from 4% to 5%, which

Miscellaneous Securities in all Markets
*TOCR

Members New York Stock

cioal and Corporation Bonds

STOCKS AND BONDS
COLUMBUS

ST. LOUIS.

We have at all times lar^e

COLUMBUS

MEMBER*

Investment Securities.

FRANCIS, BRO.&CO.

EDGAR FRIEDLANDER
CINCINNATI,

York Stock Exchange.
Stock Exchange.
Stock Exchange.
Board ol Trade.

t

CHICAGO. ILL.

Barney & Smith Car Co. 6% 1st Mtge. Bonds

BROKER

Members

A. O. SLAUGHTER & CO„
MONROE STREET,

New York Stock Exchange,
New York Cotton Exchange.
New York Coltee Exchange.
Ntw York Produce Exchange.
Chicago Stock Exchange,
Chicago Board ot Trade,
St. Louis Merchants Exchange.

Members:
Dated July 1. 190b.
Price

Broadway, NEW YORK.

BROKERS,

Successors to

139

71

WI RES.

A. O. Slaughter

Bonds and Stocks of Ohio

NEW

St. Louis.

NEW YORK STOCK EXCHANGE

PRIVATK

-

BONDS,

STOCKS AND BONDS,

able for safe investment.

CINCINNATI,

SONS,

CHICAGO STOCK EXCHANGE,
CHICAGO BOARD OF TRADE.

CO.,

Cor

collateral.

as

Investment Securities.

respondence invited*

William E. Sweet & Go.,
Municipal and Corporation

W. B. McKeand & Co.,
The Rookery

Chicavo.

WHITAKER &

CO.,

BONDS

Investment Securities

GROUND FLOOR EQUITABLE BUILDING

SEATTLE. WASH

JOHN

PRICE,
Broker,

E.

Banker &

Municipal

and. Corporation
RONDS

BANK

STOCKS

Special Attention to St. Louis Securities

A. G. Becker &

Co.,
PRIVATE WIRES TO
PRINCIPAL MARKET'S

(INCORPORATED.)

COMMERCIAL

PAPER,

S, W, Cor. Monroe & La Salle

PORTLAND, ORE,

WELLS

DICKEY

COAST

A

B

Commercial

Paper

ST. LOU/S.
(

Itlemoeru}

-

MINN.

-

Correspond with

CLEVELAND.

Thornton, McOrum & Go.,
Kansas

Hayden, Miller & Co.
Investment Securities

us

Adams-Phillips Co.

New York Stock Exchnnge..
st. LouIh Stock Exchange.

KANSAS CITY, MO.

Municipal, School District and Corporation
THEY PAY A BETTER RATE OF INTEREST
THAN BONDS OF THE SAME MERIT ISSUED
IN THE EAST

Citizen*

LOS ANUKI.ES, cal.

Building.

CLEVELAND, O.

dealers
IN

CO.

CALIFORNIA MUNIC IPAL,
SCHOOL AND CORPORATION

MUNICIPAL AND
PU BLIC Fit AN UhlSE CORPORATION
BONDS
Bought

BONDS

f K. C. By. & Light
Local Bank Stocks

[Kans.&Mo

TO

NEi

4

TO

6

PER

CENT

LOS ANGELES

FIELDING




W

PASADENA

J. STILSON

INVESTMENT

CO.,

SECURITIES,

MEMBER LOS ANGELES S TOCK EXCHANGE

LOS

ANGELES,

J. HAYES &

CLEVELAND, OHIO.

SONS,

Emery, Anderson & Co.,
Garfield Building

Municipal Bonds

BALTIMORE.
Wilson, Colston & Co.
Established 1867.

Wilson, Colston & Co.,
Members of Baltimore Stock Exchange,

316 E. Baltimore Street, Baltimore,

BOSTON, MASS.

INVESTMENT

Securities

BANKERS,

Sold.

and

City. Mo.

i

William Wilson <& Sons.
Established 1802.

WM. R. STAATS

Go.,

PRIVATE WIRES.

ANGELES.

CALIFORNIA BONDS

ST. LOUIS

and Investments.

MINNEAPOLIS.

LOS

LANE,

SPECIALTY

-

N.E. Cor. Fourth and Locust Streets,

MUNICIPAL and CO UP ORATION

CEO.

SECURITIES

-

Stocks and Bonds,

CO

BONDS
PACIFIC

-

JohnN. Drummond Jr. &

MINNEAPOLIS, MINN.
BOND*

PHILADELPHIA

Municipal and Corporation

&

300 N. 4th ST.

Sts., Chicago.

MINNEAPOLIS.

MORRIS BROTHERS
PORTLAND

&

GRAIN AND PROVISIONS.

Corporation Bonds suit¬

W. E. HUTTON &

EDWARDS

Carrington,

STOCKS AMD

Municipal, County

A. G.

BONDS.

CLEVELAND, O.

Investment and Miscellaneous Securities
a
issues Iiandled. Exceptional
laciilties for deaiiue m all classes of Southern
Bonds. Loans on Collateral Securities negotiated.

specialty, and whole

Robert A. Fisher &

Co.,

BANKERS AND BROKERS

327 £. German Street, Baltimore
MEMBERS BALT. STOCK EXCHANGE

IX

THE CHRONICLE.

Feb. 9 1907. j

Ucwr Ijjork JHocU ^xcltaugc Rouses
T. A.

McIntyre & Co.,
BROADWAY

71

Chas. Fairchild & Co.,
29 WALL STREET AND 3

MEMBERS:
New York Stock Exchange.
New York Cotton Exchange
New Or.eans Cotton Exchange

Liverpool

t

Cotton

Direct wire connection Boston,

Chicago, and

Orleans.

New

CORRESPONDENCE SOLICITED
Ifrauc-'I

516 Flftli

Offices,

Members

the

New

STREET

York

Chicago

Board

Stock

and

Cotto

of

Trade

and

ExchangeDEAL IN "

Cleveland

Stock

STOCKS, BONDS AND

Empire, 63d Street and Broadway
Stanley D. MoGrtvw

Robert H. Allen.

of

Exchanges:

BROAD STREET

Association,

York Coffee Exchange,
York Produce Exchange
Chicago Board of Trade
New
New

BROAD

30

BRANCH OFFICE

Hotel

BROWN & CO.,

A. O.

Members N. Y. Stock Exchange

MISCELLANEOUS SECURITIES
IN ALL MARKETS
Private wires to principal cities.
Tel 5555 Broad,
CHICAGO, ILL.

William M. Vanoe.

Railway Exchange Bldg.

Postal Telegraph Bldg.

OFFICES
Waldorf-Astoria, N. Y. C.
Williamsport, Pa.
Wilkesbarre, Pa.
Flatiron Building, N.Y.C.
Scranton, Pa.
2 East 44th St., N. Y. C.
St. Louis, Mo.
BulTalo, N. Y.
Schenectady, X. Y.
Cincinnati, O.
Troy, X. Y.
Cleveland, O.
Utica. N. Y.
Dayton. O,
Montreal, Can.
Erie, Pa.
BRANCH

ALLEN, McGRAW & 00.,
24 Broad Street. New York.

Members

Avenue

Delinoulco’s and 305 Broadway

N. Y. Stock Exchange.

HARRIMAN& CO.,

MATURING
JOHN H. DAVIS & CO.,

BONDS
Write or call for our “INVESTORS’
LIST OF MATURING BONDS,”
with comparative tables—a useful
book for bond buyers. We also issue
on
request a list of railroad and
other
bonds —suitable for invest¬
ment and of the best security. Fully
described in our

February Circular No. 272.

LINCOLN & COMPANY
WALL

18

YORK.

NEW

ST.,

Robert H. Simpson

Effingham Lawrence

EFFINGHAM LAWRENCE & CO.
Members New York Stock

1

NASSAU STREET

Exchange,

CORNER WALL.

Telephones 4255-4866-4857 Rector.
PRIVATE WIRES TO PRINCIPAL CITIE8.

We Make

a

Specialty of

BANK AND TRUST CO.
STOCKS.

P.

J. Goodhart & Co,r

Members New York Stock

67 BROADWAY,

-

Exchange,

NEW YORK

LADD & WOOD,
Members New York Stock

Exchange,

BANKERS A * D BROKERS
NO. in WALL STREET,

Phila. Stock Exchanges.
Or ters f>r St >ckh him li--nd-» executed upon al
Excha yes in this con in ry and Ku ope.
Especial attention given to supplying high class

Members N. Y. and

IN V KS l -M

HJNT_ SEC U K ITJ ES

Interest Allowed on

4

BUILDING, N E YV

Transact a General Banking and Stock
Business. We make a specialty

if

you

Exohatig:*
of

Investment Securities,
BRANCH OFFICE, N1CIIT A: «AY BANK.
5^7 FIFTH AVENUE.

Newport Otllce: Audrain Building.

You Wouldn’t Start a Horse-Car
in this age of electric cars?
Not
of transportation.
Then why should you start a

V t* IS. K

BANK^Ks AM) BKOKEHS,

Deposits Subject to Check

Line

wanted to make money out of the business

manual telephone exchange-in this age of auto¬

matics, if you want to make money out of the telephone business?
The automatic system of telephony bears the same relation to the manual
system that the electric car does to the horse car
Tt is the apotheosis of tele¬
phone development, as the electric car is of transportation development.
The automatic telephone system produces the best service more economcially
than indifferent service can be produced with manual equipment.
There is

question as to the relative popularity of the automatic and
service where the two kinds are in competition than there is
popularity of the trolley car and the horse car.
for the securities—the same comparison may be applied with the sam
no

more

manual telephone
as to the relative

And,

as

results.
Our Automatic system has been adopted
Columbus, Ga.
Aberdeen. 8. D.
Dayton, Ohio.
Akron, Ohio.
El Paso, Texas.
Albuquerque, N. M.
Fall River, Maas.
Allentown. Pa.
Ferguson, Mo.
Auburn. Maine.
Grand Rapids, Mleh
Auburn, N. Y.
Hastings, Neb.
Battle Creek. Mioh.
Havana. Cuba.
Bellingham, Wash.
Hazleton. Pa.
Berlin, Germany.
Hopkinsville, Ky.
Buxton. Iowa.
Jonesboro, Ark.
Cadillac. Mloh.
Lake Beaton, Minn,
Champaign, IU.
Lewiston, Me.
Chicago, 111.
Lincoln. Neb.
Clayton. Mo.
Los Angeles, Cal.
CHebume. Texas
Manchester, Iowa.
Columbus. Ohio

lo

INVESTMENT SECURITIES.
7 WALL STREET.

TRINITY

the following citle*
Marlanao, Cuba
Marlon. Ind
Medford. Wla.
Mlamleburg, Ohio
Mount Olive. Id
New Bedford. Mass
Oakland. Cal
Ocean Park, Cal
Pentwater, Mich
j
Portland. Me
Portland, Ore
Princeton N J
Richmond Ind
Riverside, Cal
San Diego. Ca
San Franelsco, Cal
Santa Monica Cal

Sioux City, Iona.

South Bend. Ind,

Spokane, Wash.
Springfield, Mo.
St. Mary’s Ohio,
Tacoma, Wash.
Toronto Junction. Owuada
Traverse

City. Mick

Urbana. Ill.
Van Wert, Ohio.
Walla Walla. Wa
Watch Hill, R. I.
Wausau. Wla.

Westerly. R. I,
Wilmington, Del.
Woodstock. N.B.. Canada.

AUTOMATIC ELECTRIC CO.,
Van Buren and

CHICAGO, U.S. A.

Morgan Streets

Wilson, Watson & Herbert,
Members N. Y. Stock

Exchange,

Orders Executed for Cash or on

Margin.

ONE PIECE OF PAPER GOOD

The standard, uniform Money Order of the
Bankers’ Money Order Association is now a
familiar feature of American banking. This
is the only system at the service of banks

INTEREST ON BALANCES.

flanover

Bank Bldg.,

Howard

NEW YORK,

Lapsley & Co.,

15 BROAD STREET, N. Y.

Transact

General hanking and Stock
Exchange Business.

a

SOLICITED.
INTEREST ALLOWED ON DEPOSITS.

ACCOUNTS OF BANKS & BANKERS
Private Wires to Cincinnati

Are You

Wm. Fahnestock,

a

Money Order
Bank 9

Memb. N.Y. Stock Ex.

R. b. Dodson.

T. J. Mumfobd,

Fahnestock &

absolutely Free of Charge, Orders can be
issued payable at any point in the United
States, Canada, Mexico, Cuba, Europe, Asia,
North Africa and Australia.
Tne most
flexible medium of exchange in use.
All
charges you make to the public are your

own

and Chicago.

Branch Office. 500 Fifth Ave.

THE WORLD OVER

WRITE

FOR

profit,

PARTICULARS TO THE

BANKERS’ MONEY ORDER
ttnoU of Discount

Bslldlng.

ASSOCIATION,

313-315 West 50th Street, New York

Co.,

BROKERS AND DEALERS IN

INVESTMENT
2 WALL

SECURITIES.
STREET.

THE FINANCIAL

REVIEW.

1907 ISSUE.

BOODY, McLELLAN&CO.
BANKERS,

No. 57 Broadway, New Yerk City
Members New York Stock Exehiuife

STOCKS, BONDS and INVESTMENTS.
ORDERS EXECUTED
For Investment or oa Margin




A YEAR BOOK OF
BOCTVB IN CL4TII

FINANCIAL INFORMATION—282 PAGES.

»4 #0

COMMERCIAL & FINANCIAL CHRONICLE,
Pine Street, Corner Pearl Street, Now York.




VOL. LXXS1V.

THE CHRONICLE

X

©wtrtxni

|wuutivtcs

®

$20,000

Wilkes=Barre & Eastern 1st 5s
Pere

Lex. Ave & Pavonia Ferry
1st 5s due 1993, to

Marquette Consol. 4s and Refunding 4s
Chicago Peoria & St. Louis Consol. 5s
Maryland Delaware & Virginia 1st 5s

$10,000
Bleecker St. & Fulton Ferry
1st 4sdue 1950,

20 Slidiiss

Christopher & 10th St.RR. (NY. City)

Chicago Hamilton & Dayton Notes
Wabash Equipment 5s
G.
Southern

Florida

30

BROAD

BANKERS

169 East Jackson

45 NEW STREET.

NEW YORK.

Building, PHILADELPHIA

Company
6% rtfs, of the
Quebec Montreal «fc ‘outhern, 1908
Allis-Clialniers

LIB BEY & STRUTHERS
30 Broad Street
New York

/Central RR. ot New

Chicago A Alton 5% Notes
Chicago & Western lnd. 5% Notes
Erie (5% Notes
U. S. Rubber 5% Notes
Detroit United 5% Notes
Mich. State Telephone 6% Notes

A

Susquehanna 4£s
Birmingham
tunning
4s

Westingliouse Convertible 5s

:

BAKER & VAUGHAN,
BANKERS

COFFIN

&

FIRST

43^s, 1907-17

St. Louis 4s, 1949
Tol. St.L. & West. 4s, 1950
Ill. Cent. Pur. Line 3p2S, 1952
Minn.

j

“NKWROSK”

Commercial Cable Bonds

Short=Time Canadian Provincial
Bonds

Hartshorne, Bogert& Battelle.
Member* New York Stock Exchaire.

Rio Grande West. Cons. 4s, 1949
Norf. & West. Cons.4s, 1996

Rock Island Equip.

4380

ia Consol. 5s
Central of Greoraii

OFFFR

k

Gable Address:

*28.8 V-Broad.

WANTED:

25 Broad St.

Chesapeake & Ohio 43^s, 1992
Denver & Rio Grande 1st 4s, 1936

32 <2 /

Telephones

Easton & Amboy 5s
Mobile &

5», 1936

Deal in Bonds, Stocks and Investment
Securities and transact an arbitrage
business with the principal European
stock markets

Santa Fe Prescott & Phoenix 5s

A. LISMAN & CO.,
Specialists in Uncnrrent Issues.

Tel. 5950-1-2 Broad.

Jersey 5s
Norfolk & West. Ext. & Impt. Os

Buffalo &

exchange.

II. S. Morlgage &, Trust

Building, HARTFORD

"

CO.,

44 A 46 BROADWAY, N. Y„

Members new York stock

Boulevard, CHIC/'CO

Am. Tel. A Tel. 5% Notes
So. Ry. 5% Notes
N. Y. C. 5% Notes
Lake Shore 5% Notes
Mich. Central 5% Notes
Minn. A St. Louis 5% Notes
Kansas City So. 5% Notes

Deposits

NEW BORG &

Stock Exchange

404 Connecticut Mutual

43 Broad *»..
New York

Interest Allowed on

RAILROAD SECURITIES

STREET,

Land Title & Trust Co.

W. Walker A Co.

Telephone
3943 Broad

J. LISMAN & COMPANY,
Members N. Y.

(Tax exempt)
8% Guaranteed Stock, to yield 4.65%

1st 4s

RAILROAD BONDS DEALT IN BY

SPECIALISTS IN STEAM

Ry.

4?4%

1st 6s due 1910, to yield

Toronto Hamilton & Buffalo 4s

F.

Railroad

yield nearly 4to%

$10,000

Central Branch 4s 1919 and 1948

ALL STEAM

to

42d St. Manhattanv. & St. Nich.Av

Great Northern of Canada 4s

AND

Railroad

yield 4%%

Telephone No. 5430-1-2 Hroad

AND BROKERS

MORTGAGE GOLD

Chicago Rock Island and
Pacific Railway.

Gas Bonds
20 BROAD

160 St. James Street,
Montreal, Canada.

25 Broad Steet,
New York.

NEW YORK

STREET.

EQUIPMENT NOTES.

COMPANY,

BONDS

SAUNDERS & JONES

34 Pine Htreet, New York.
Tel. 6100-1-2-3-1-5 John.

INVESTMENT

38 WALL ST.,

-

-

NEW YOBK

PROCTER

SECURITIES

AND

UNLISTED

ALL

‘ Beckster,”

New York.

RAILWAY

SOUTHERN

SECURITIES.

3-year 5% Gold

Rector.

18 Wall St., New York

BORDEN

MARKETABLE

BECKER & STERLING, W. E. R. SMITH & CO.,
Cable Add.

&

Equitable Building,

BONDS

Republic of Cuba Internal 4s
East Tennessee Virginia <fc Georgia 5s
Tel. 085-!)S6-U87

New St.,

Telephone 1135 Rector.

Nobxon

Atchison Adjustment 4s
New York Central Dob. 4s
Missouri Kansas & Eastern 5s

Company,

NEW YORK.

New York.

Ex-Nobton, Mem. NY. Stock Ex. Geo. F.

6t

7 Wall St., Corner

Connecticut Traction Bonds

EX. NORTON & CO.,
52 Exchange Place,

Rhoades

New York.

20 Broad Street

Notes

Price to net better than

Actual Notes

now

VlCKtRS

6%

ready for delivery
&

PHfcLPS.

29 Wall St., N°w York.

BAKER, AYLINC

&

COMPANY

“GUARANTEED

Descriptive List Sent On Application.

Investment Bonds
Land

Title

Building

1’IIILADELPIIBA

50

Congress

Street

BOSTON

-

-

Wyandotte & Detroit River
(Detroit United) Cons. 5s, 191<S
Oregon W. P. <Sz Ry.Co. 1st 6s, 1922
Pitts.,Pa.,Comp. 1st & Coll.434s, T919
Fonda Johnston &f Glovers. 434s, 1952
Lehigh Valley Cons. 6s, 1923

M.
Cable Add,

DESCRIPTIVE CIRCULARS SENT ON APPLICATION

STOCKS”

WOLFF,

“MOWOLF” 27 William St., N Y

Phones: 6557-6558-655U

Broad

Feb. 9 1907.

XI

CHRONICLE

THE

•

Inquiries.

Cuevent JQotid

5698021—Cheonmsta.pke

BANKERS,

Chicago & Alton

SCRANTON

Securities
Correspondents: Edward B. Smith & Co
Members N. Y.and Phlla. Stock Exchangee
1906 Manual of Northeastern Pennsylvania
Securities. Now Out, Mailed free on Request

BANKERS
BROAD STREET.

25

wu

City of Greensboro. N. C., 4s, 1954
City of Mobile, Ala., 4 '^s, 1959
Somerset Car Trusts,Tax Free in Pennsylvania
Poughkeepsie Light, Heat & Power Co. 5s, 192i
Colorado Springs & Cripple Creek 1st 5s, 1950

104 SOUTH

Co.,

clients.
We will upon application
the following properties;

04 LVCRT *T.,

-§fon.

Public Service

Exclusively.”

for

conservative

TO

NET

Mt. & Southern 5s
Erie, Pennsylvania Collat. 4s
Lezington Ave. & Pavonia Ferry 5s
Union Railway (N.Y.) 5s

Ill

investment

MORTGAGE 5% RAILROAD. QAI
WATER BOND8, AT PRICES VS
NET 3H TO 5M%.
List upon Application.

AND

HENNING & CO.,

WANTED:

Richmond Pass. & Pow.Oo. 6s or ctfs.

Louisville.
YORK STOCK EXCHANGE.

5‘« State St

,

Y.

& CO.,

BOSTON. MAS*.

Second Avenue Cons.
Duluth & Iron Range

Connecticut Railway

A, E.

Philbrick

J.Willet Hall

ttCSFoarth Avenue,

Ry. 6s, 1908

West. 7s, Sept. 1907

PINE

STREET,

N

Y.

E. Tworger

BROKERS
Stock Exchange
St.. N.Y.
Tel. 4301-2 Broad

BANKERS &

Members New York

CEO. P. BISSELL,
Philadelphia, Pa.

South Fourth St.

City & Pacific 1st 4s, 1990
Ferry 1st 5s, 1946
S. Steel 1st os, 1951

Hoboken

International Silver common
Internat. Silver

Consolidated Gas of New Jersey 5s
Wilkesb. & Haz.RR. Co. Bonds & Stk
E. I. Dupont de Nemours Powder Co.
Preferred & Com. Stocks.

Kansas

International Silver prefered

Debenture 6s, 1933

FREDERIC H. HATCH,
Unlisted Securities of Railroads and other
Corporations In the United States and elsewhere

Dealer In

Tel. 1116 Broad.

UNDERLYING SECURITIES;

1 IS

WANTED

FOR SALE

Will Bay

Philadelphia Company Of Pittsburg

NEW YORK.

TELEPHONE 237 JOHN.

St.

We

PITTSBURGH

Harrisburg (Pa.) Gas Co. 1st 5s.

Jester So Co.,

PHILBRICK & HALL
*25 Bioad

fel. P- Taylor & Company,

55 William Street

hn

Metropolitan Elevated

27

20 Broad

Rector

Telephone 6 50 J

5s
1st 5s

PARMELEE & CO.,

Tel. 910-1

& Lighting Co.

WILLIAMSON,

W. A.

Del. Lack. &

Metropolitan Elevated Gs
Westchester Lighting 5s
Tol.tfe Ohio Central 1st 5s
C. L.

Securities

Securities

MASON

U.

LEONARD
Tel. 1630 Rector.

SNIDER,
66 BROADWAY

30 Broad St. New York

WANTED




Lexington Ave

& Pavonia Ferry 5s, J93

Metropolitan Elevated Gs,
Merchant s’ Exchange

1908

National Bank

Carnegie Trust Co.
Union Steel 5s
London Underground

Notes

So. Trac. os
Elgin Aurora
St. Louis & S. Fran. 424s, 190S
Cin. Ind. & West. 4s, 1953
Atlantic & Danville 4s

Rosen,

Stillman & Co.,
Stock Exchange.
Tel. 4540 John
New York city

Members N. Y.
Pine Street,

,

BOND HOUSE OF

N

Austin, Texas, 4s & 5s
Gunnison County Colo. 4s
American Writing Paper 5s & Stocks
Lewist. Bruns. & Bath St.Ry.5s & Sk.
Dealers in Unlisted Inactive Stocks and Bonds

W.

Jersey City 6s, April, 1916

New Orleans Ry. & Light Securities
DENNING & MAGOFFIN
Springfield Ry. & Light Securities
19 WALL ST., NEW YOitK.
International Traction of Buffalo and

Swift & Co. 5s

F.

PHILADELPHIA

FIRST

New York

other Traction

20 Broad St.

Rector.

THE BOURSE.

BROADWAY

NEW YORK.

494% to 5*4%.

MEMBERS NEW

PATERSON & CO.,
Tel. 1985-6

Securities

CHANDLER & CO.

A. N.

New York.

St. Louis Iron

'

specialists In

Stocks

S. C.

INVESTMENT

FOR

Northeastern Pennsylvania

selected

Street,

30 Pine

20 New St., N.Y.City

Tel. 3785-3783 Rector

BONDS

Service Cor¬

carefully

porations

Broker

Corporation Bonds and

Reot<)r

BANKERS.

BOND8 of Public

Milwaukee Gas Lt. 1st, 4s, 1927
Jacksonville Electric Co. 5s, 1927

“

|

&W

BANKERS

1909

LEONARD F. HEPBURN,

Telephones

Bickmore & Co.,

A. H.

St.Ry.N.Y.) ’19

South Ferry 1st Gtd.5s. (Met.
Cons. Gas Co. Conv., Deb. (is, 1909
Brooklyn Union Gas Cons. Deb. 6s.,
Kansas City (Mo.) Gas 5s, 1922

NEW YORK.

NASSAU ST,,

5

send our circulars on

& Ohio
B. &0.,C. &0. and N.
C. & O. and N. & W.
& Ohio Dividend

SPILLER & CO.,
ireot

BANKERS

of Ga. Income Bonds.

Austin, Texas 4s and 5s
Hudson River Electric Co. 5s
Hudson River Water Power Co. 5s
Marshfield, Wis., 6s
St. Louis & No .Arkansas HR. Sec.
Specialists in Inactive Bonds,

MECARGEL & CO.

brokers
RICHMOND, VA.
From time to time we make studies of railroad
and industrial properties for the beneilt of our

HALTtH'OK R, no,
*tock Kxchauge.

27 Siale

NEW YORK

Bankers &

Members 'f Baltimore

H. C

Oar

PHILADELPHIA

SCOTT & STRINGFELLOW

OFFE R:

Sutton, Strother &

Pennsylvania Investment

Northeasters

Pfaelzer & Co.
BOSTON

PA.

BONDS

HIGH GRADE

APPLICATION

PRICE ON

-

-

-

DEALERS IN

Series C, 4%

Equipment Association

CO.,

&

BROOKS

INVESTMENT SECURITIES

E. C. Stanwood

& Co.

BANKERS.

96 MILK

STREET

BOSTON

XII

THE CHRONICLE.

[VOL.

financial.

LX XXIV

ffimmcial.
MUNICIPAL
RAILROAD

} 4%
)

BONDS

to

CORPORATION ) 6%

Lincoln Trust Company

for

Selected

conservative

investors.

LISTS MAILED UPON APPLICATION.

MADISON SQUARE,

NEW YORK

BROADWAY & LISPENARD ST.

BROADWAY & 72d ST.

Lawrence

Barnum &'

CAPITAL
Offers

SURPLUS, $2,000,000

AND

Co.,

BANKERS.

.

37 and 20 Pins Street
NEW YORK.
PHILADELPHIA.

BOSTON.

firms,

corporations and individuals
facility of a modern and wellequipped Banking and Fiduciary Institution.

Thomas L. Manson & Co.,

every

STOCK BROKERS

OFFICERS
Members of N. Y. ftnd Bostoa Stock

HENRY it. WILSON, Prenldent
FRANK TILFORD, Vice-I»re*ldent
FREDERICK PH ILL! PH, Secy.
OWEN WARD,'id Vice-President
CUAKLES If CO I.L. I NS. ('ashler
WILLI A »l HARROW Jr., 3d V-Pre«.
EDWA RD
WI LHON, Aunt. Tj eua.
I It V IN G C. G A Y LORD, ith V-Pres.
JOHEPI1 Z. BRAY, AmhI. Hecy .
ROBERT C. LEWIS, Treasurer
G. J. BAYJLEH, Trust Ollicer

cTxaw a*zzrzj=vmcjj

71

Broadway,

-

Exckaage

NEW YORK

Tel. 3500 Rector

Private Wires to Boston. Hartford, New Haven and
Phrndplpbi*

t imTwacHrxn irmtx*

HODEfiPKL, WAL8RIDGE & CO.,
7 Wall

St., New York.

Railroad, Street Ry., Gas & Elec. Light

SECURITIES.

THE

SOUTH.
a-'

Business

Capital $3,000,000

Opportunities, Investment
Securities, Heal Estate, Timber, Mines,
Industrial Properties, Farm or Town
Mortgages in all parts of the South.

Surplus $10,000,000

ALVIN

W.

KRLCM,

METROPOLITAN INVESTMENT CO.,

President.

LAWRENCE L. GILLESPIE, Vice-President.

FREDERICK

LYMAN RHOADES JR., Assistant Secretary.

HUGH

M.

W.

FLLLE,

Sec.

and

Assistant

WALKER,

Treas

GEO. B. EDWARDS, President, Charleston, S. C.,

Treasurer.

Commercial and Financial Agent.
Business undertaken
In all parts of the world.
Satisfactory references.

TRUSTEES.
C.

F.

Adams 2d

John

C

B.

Alexander

Frederick

H.

M.

Alexander

E.

F.

T.

R. Coudert

Paul

T.

D.

H.

Cravath

A.

Winslow

Fuile

H.

Gillespie

H.

Otto

F.

Henry C. Deming

D.

H.

M.

Paul

Dodge

it. A. Lancaster & Sons

Redmond

BANKERS,

Henry Smith
V. P. Snyder
Gage E. Tarbell

Krcch

Force
Moffat

Sir

William

H.

M.

Henry

C.

Van

10 WALL, STREET,

NO

NEW
Horne

INVESTMENT aud MISCELLANEOUS
SE(. IJRITIES.

Wilson

Rogers

YORK,

DEALEKS in

Walker

George T.

Morton

Ralph

Pierce

J.

Kahn

W.

Alvin

Day

S.

Porter

Lyman Rhoades Jr.

Hubbard

H.

H.

Henry S.

Harriman

H.

L.

Hartley

W.

Bradish Johnson

Crocker

DeWitt Cuyler

William

Dryden

Lawrence L.

Hugo Baring

W.

F.

Winthrop

Southern Seen rifle*

a

Peters

Specialty.

Chicago & North Western Rights
BOUGHT AND SOLD

FILE COVERS

CHRONICLE

SCHMIDT & GALLATIN

AND SUPPLEMENTS

Members N. Y. Slock
Tel. No. :i2«0 Rector

String tile covers may be had for holding the Chronicle and Supplement*
in six different styles as below:

1860

SUPPLEMENTS ONLY (six months’ issues) Red Caver.

STREET RAILWAY SUPPLEMENT
STATE & CITY SUPPLEMENT
BANK &

Exchange
B ROA I> W A Y

1907

The United States Life

CHRONICLE AND ALL SUPPLEMENTS (six months’issues) Black Cover.

RAILWAY & INDUSTRIAL SUPPLEMENT

111

Insurance Co.

*’

(year's issues) Grauite Cover.
IN

(year’s issuss) Green Cover.

THE

CITY OF NEW YORK

Issues Gaurantecd Contracts.

(year’s issues) Terra Cotta Cover.
JOHN P. MUNN,

QUOTATION SUPPLEMENT (year’s issues, Yellow Cover

M.D., President.

Finance Committee
JAMES R. PLUM

Price for File Covers, 50 Cents.

Leather

CLARENCE H. KELSEY. Pres. Title Guar. A Tr .Co.

Postage, 18 Cents

WM

Charge for Binding Volumes, SI 50.

H.

PORTER

Chemical

Pres.

National

Hank

Good men, whether experienced In life insurance
not, may make direct contracts with this Com
pany.for a limited territory If desired,and secure
for themselves, in addition to first year’s commis¬
sion, a renewal Interest insuring an Income for the
future.
Address the Company at its Home Office,
No. 277 Broadway, New York City.
or

WILLIAM

13.

DANA

CO.,

Publishers,

76H PINE STREET, CORNER PEARL STREET, NEW YORK.

PRIMROSE &
New

«) •plea




mar

bo had

In Chicago from

P. BARTLETT, 513

Itlonadneck

Londou truin EDWARDS tic Hill ITH, Draper*’ Gardens.

Building,

or

York
Fire

City

BRAUN,

Bank,

Insurance

fiS New Htreet

-

Trust

Stocks

NEW

YOR&

ano

XIII

THE CHRONICLE

Feb. 9 1997. j

Svttst Companies.

COMMERCIALTRUSTCOMPANY
City Hall Square, Philadelphia.
AND INDIVIDUALS.

ACCOUNTS OF BANKS, BANKERS, FIRMS, CORPORATIONS
PAYS INTEREST ON DAILY BALANCES

INVITES

*1

HORATIO Q. LLOYD,

THOMAS DeWITT CLIYLER,
W. A. OBDYKE, Secretary.

President.

Vice-President and Treasurer.

JOHN H. MASON,

Vice-President and Counsel.

BOARD OF DIRECTORS.

EFFINGHAM B. MORRIS,
SIDNEY F. TYLER,
HENRY TATNALL,
HENRY C. FRICK.

CLEMENT A. GRISCOM,
SAMUEL REA,
SAMUEL T. BODINE,

RUDULPH ELLIS,

CUYLER,
ARTHUR E. NEW BOLD,

THOMAS DeWITT

H. W. BIDDLE,

C. .STUART

PATTERSON.

HORATIO G. LLOYD,

L. C. WEIR,
JOHN F. DRYDEN,
PAUL D. CRAVAT H,

j. r.

ALVIN W. KRECH,

PROFITS,
$1,893,359.04

SURPLUS AND

CAPITAL,

$1,000,000.00

KIDDER&CO.

A. M.

McAllister,
K. CASSATT.

ROBERT

JAMES McCREA,

BANKERS,

HARRIS & CO., 1882.

AS N. W.

ORGANIZED

INCORPORATED

MEMBERS OF NEW YORK STOCK EXCHANGE
Allow interest on deposits subject to sight oheck
and
Buy and sell on commission st
deal in

*dks

Savings Bank*

Harris Trust &

NEW YOHJI.

18 WA 1.1. MTKKET,
EHtabllshed

HARRIS, President.

N. W.

bonds, an<

1907.

RAILROAD BONDS

GUARANTEED STOCKS

MARQUETTE BUILDING.

CHICAGO.

CHARLES FEARON&CO.,
BANKERS,

Capital and Surplus,

Orders Executed on All Leading
Stock Exchanges.
New York

\

.

era

DIRECTORS.

Stock Exchange
) pjj|ittCie|phia stock Exchange

■

em

.

JAMES T. IIAR All AN,

PHILADELPHIA

-

and Director the Continental
Vice-President.

ISAAC

NORMAN W. HARRIS,

JOHNSON Sc CO.,

NEW YORK
Troy N. Y.

MEMBERS NEW

YORK 8TOCK

EXCHANGE

W.

Wull Street, New

11

MEMBERS NEW YORK

York.

STOCK EXCHANGE.

Bought and Sold on

Secnrifle#

iiiinsiou.

Com

long established firm

FENTON, Treasurer.

FRANK R. ELLIOTT, Cashier.
JOSEPH

Vice-President.

This institution has

W.

EDWARD P. SMITH, Secretary.

FARR, Vice-President.
ALBERT W. HARRIS, Vice-President.
ALBERT G.

H.

VA1LL,

Ass’t

Cashier.

of the Chicago office of the
It is a fully equipped bank and

taken over the business

of N. W. Harris & Co.

under the regular legal supervision of the State Auditor of Illinois.
It does a general banking business, allowing interest on checking accounts and
certificates of deposit, and paying 3 per cent interest on savings accounts.
It
also acts as trustee and fiscal agent and handles other affairs of trust, and deals in

trust company

t

Parkinson & Burr,

BONDS

BROKERS.

STOCK

HOWARD

HARRIS, President.

Edwin P. Campbell

Campbell & Co.,

H. G.

President.
OFFICERS.

N.

T- GEORGE P. HOOVER,
Henry G. Campbell,

of Boston.
Tie Company.

SPRAGUE, of N. W. Harris & Company

JOHN B. LORD, President the Ayer & Lord
GEORGE P. HOOVER, Vice-President.

Succensoru to

18 WALL STREET,
Branch Office.

National Bank.

ALBERT G. FARR,

F. Taylof

GRAHAM, TAYLOR & CO.
8. F.

Central Railroad Co.

B.

pany

JA8. Lorimkr Graham
Hknry
Wm. Sharp Leggett

President of tlie Illinois

FORBES, of N. W. Harris & Company of New York.
ALBERT W. HARRIS, Vice-President.
BERNARD A. ECKHART, President Eckhart & Swan Milling Com¬
ALLEN

833 Chestnut St.,

$1,500,000

-

-

53 STATE HTKKET.
WALL STREET,
NFVVYOKK.
BOSTON.
Members of New York and Boston Stock Exohanger

FOR INVESTMENT

7

Personal interviews and

correspondence invited.

the two offices.
Information given in regard to all Boston SeourlUe?
Private wire between
ana

Tas. H.

furnished.

quotations

N. W.

HARRIS & CO., New York

and Boston, Eastern Correspondents.

Oliphant
& Co.,
BROKERS,

HANKER* AND

20 Broad Street,
Tuff .®PHONE

.

.

New York.

N0.8«5 RECTOR

JA8.H. OLIPHANT
FLOYD W. MUNDY
alfr.-d l. norr.s
j. norkis oliphant
Meml»ers New York stock Exchange.

W. R. THURSTON

BRAND,

O. J.

O. J.

GUNN, RICHARDS &
PUBLIC

BRAND & CO.

Members New

74

CO.

ACCOUNTANTS

York Stock Exchange.

BROADWAY.

43

EXCHANGE

PLACE, NEW YORK CITY

INVESTMENT SECURITIES

J. S. & R. D. 8TOCK
FARLEE,
EXCHANGE.
MEMBERS NEW YORK

BROKER* AND

INVESTMENT




11 WALL

DEALER* IN

SECURITIES.

(STREET, NEW YORK

Also at

CHICAGO—First National Bank

Building.

BOSTON—50 Congress Street.

MONTREAL—Bank of Ottawa Building.

THE CHRONICLE.

XIY




(Tol,

lxxxiy.

Jt'rust ©orapantes.

MERCANTILE TRUST COMPANY
SAINT

LOUIS

SURPLUS

CAPITAL AND

$9,500,000

The

only Trust Company in Saint Louis a member of the
Clearing House Association
FESTUS J. WADE, President.
WILLIAM MAFFITT, Treasurer.
RESOURCES*

NOV

16, 1899

$.1,667,051,19
NoV. 16,1900

$4.429 448 02
NOV.

I

16, 1901

$11.780.418 95
NOV.

16, >902

$21.882,734 64
NOV.

16, 1903

$21,756,471.73
NOV.

16, 1904

$26,508,716.93
NOV.

16, 1905

$27,292,163.57
NOV.

16, 1906

$27,984,599.63
THE

PROOF

OF

GOOD

SERVICE IS

CONSTANT GROWTH

MISSISSIPPI VALLEY TRUST COMPANY
ST. LOUIS

Capital, Surplus and Profits, $8,500,000.

THE CHRONICLE-

1907]

Feb, 9

Qvxxst ©ompauies.
C. H. HUTTIG,

CAPITAL

President.
W. B.

$ 2,000,000

WELLS,
Vice-President.

GALBREATH,

G. W.

Cashier.

SURPLUS

J. R. COOKE,

Ass’t Cashier.

$ 2,000,000

D’A. P. COOKE,
Ass’t Cashier.

R. S. HAWES,
Ass’t Cashier.

DEPOSITS

H.

HAILL,
Auditor.

833,000,000
DIRECTORS.
BUSCH,

ADOLPHUS
President

Association.

Brew.

Anheuser-Busch

Railways

United

G. W. BROWN,
President Browh Shoe

GEO. T.
President American

JNO.

Coal Co.

NORRIS B. GREGG,
President Mound City Paint &

JOHN 1. BEGGS,
President

Co.

W.

G.

W.

Color Co

GALBREATH,

CRAM,

C.

H. HUTTIG,
President.

H.

F.

Central Insurance Co.
Vice-Pres. A. G.

CONDENSED

F.

Premiums

,

U. S. Deposits

Edwards & Sons

Brokerage Co.

17,113,702 11

WEYERHAEUSER,

GAIN

Capital
Surplus and Profits
Taxes, Etc_.

Reserve for Interest,

1,992,800 00
858,865 80
33,080,136 97

Circulation
Bond Accounts

Deposits

$40,092,638 68

DEPOSITS IN PAST YEAR
IN DEPOSITS IN 10 YEARS

85 891,671 64

829,934,254 71
OF

OF THE C0HDITI0H

THE NATIONAL BANK
IN

OF COMMERCE

LOUIS

SAINT
JANUARY 26TH,

1907
LIABILITIES.

RESOURCES.
Currency and Coin
Checks and Cash Items

1,035,083 73

10,527,391 67
—

6,999,975 00
100,000 00
20,000 00
489,143 00

Circulation

$24,261,534 04

Pension Fund

7,680,000 00

Bonds, Stocks, &c
Loans and Discounts

4,476,514 19

Bond Account

1,000,000 00

Paid in Account

49,114,677 59

1

Reserved for Taxes

United-States bonds at par

Banking House

$7,000,000 00
8,372,837 70

Capital
Surplus and Profits

$12,689,058 64

Exchange

$2,000,000 00
2,060,835 91
100,000 00

'T

IN

STATEMEHT

Co.

Liabilities.

$40,092,638 68

GAIN

Co.,

1907

STATEMENT JANUARY 26TH,

522,393 69
211,000 00

Other Stocks and Bonds
Banking House and Real Estate
Cash and Sight Exchange

WELLS,
Capi talist.

B. F. YOAKUM,
Chairman Board of Directors
St. Louis &jSan Francisco Railroad

KNIOHT,

$19,379,471 88
2,207,205 20
658,865 80

Loans and Discounts

WRIGHT,

B.

President Weyerhaeuser Timber
St. Paul, Minn.

Resources.

Bonds to secure

A.

THOS.

Cashier.

Co.

N. DRUMMOND,
Capi tali st.

U. S. Bonds and

VALENTINE,
Capi tali st.

P.

H. FULLERTON,
President Chicago Lumber &
S.

63,021,170 12

Deposits
Capital Increase

519,600 00

$86,522,725 82

$86,522,725 82

J. A.

LEWIS, Cashier.

OFFICERS.
J. C. VAN

BLARCOM, President.

C. L.

MERRILL, Asst. Cashier.

O. N.

HITCHCOCK, Asst. Cashier.

B. F. EDWARDS, Vice-President.
W. B. COWEN, Asst. Cashier.
J. W. REINHOLTD, Asst. Cashier.

JOHN NICKERSON, Vlce-Pres.
VAN L. RUNYAN, Asst. Cashier.
A. L. WEISSENBORN, Asst.Cashler.

J. A. LEWIS, Cashier.
F. W. WRIEDF.N, Asst. Cashier.
GEO. R. BAKER. Asst. Cashier.

DIRECTORS.

W. K. BIXBY, American Car & Foundry Co.
C. S. CLARKE. Missouri Pacific Railway Co.
B. P. EDWARDS, Vice-President.
G. L. EDWARDS, A. G. Edwards & Sons Bro. Co.
EDW. A. FAUST, Anheuser-Busch Brewing Assn. JOHN A. HOLMES, Lumber.
J. A. LSWIS, Cashier.
JOHN NICKERSON, Vice-President.
H. C. PIERCE, Waters-Plerce Oil Co.
H. S. PRIEST, Boyle & Priest.
E. C. SIMMONS, Simmons Hardware Co.
L. B. TEBBETS, L. B. Tebbetts & Sons Carr’ge Co.

JAMES W. BELL, Capitalist.
GEORGE O. CARPENTER, National

Lead Co.

ABSOLUTE SECURITY
Accounts of

TO DEPOSITORS.

Solicited upon Favorable Terms.
Per Cent Interest Paid
J.

Individuals, Merchants, Manufacturers, Banks, Bankers and Corporations
and Correspondence Invited. Letters of Credit Issued. Three
on Time Deposits.

Personal Interviews




E. T. CAMPBELL, AmerlcanCentral Insurance Co
SAMUEL M. DODD, Capitalist.
BENJAMIN EISEMAN, RIce-Stix Dry Goods Co.
H. P. KNAPP, Butler Bros.
THOS. H. McKITTRICK, Hargodlne-McKlttrlc
Dry Goods Co.
J. C. VAN BLARCOM, President.

XTI

THE CHRONICLE,

[YOL. L\XXiy.

gvust ©orapanies.
OFFICERS.

BOARD OF DIRECTORS.
T. Jefferson Coolidge, Jr.

GORDON ABBOTT, President

OLD COLONY TRUST

FRANCIS It. HART, Vice-President
JAMES. A. PARKER, Vice-President

COMPANY

WALLACE B. DONHAM, Vice-Pres.

E. ELMER FOYE, Secretary
F. G. POUSLAND, Treasurer

Oliver Ames

Henry S. Howe

C.rW. Amory
Charles F. Ayer

Thos. L. Livermore

Samuel Carr

Charles S. Mellea

Eben S.

Capital, $1,500,000 Surplus, $5,500,000

JULIUS R. WAKEFIELD,Trust Officer
F. M. LAMSON, Assistant Cashier

Walter Hunnewell

Cheney
George v. L. Meyer
T.Jefferson CoolidgeL.' irence Minot
Chas. E. Cotting
Richard Olney
Robert T. Paine, 2d
Philip Dexter

JOSEPH G. STEARNS, Asst. Secretary

Philip L. Saltonstall

Draper

Frederick P. Fish

Nathaniel

Reginald Foster

Lucius Tuttle

George P. Gardner

Stephen M. Weld

Thayer

Chas. W. Whittier

THE NEW ENGLAND TRUST CO.

Adrian H. Muller & Son
AUCTIONEERS.

Corner Devonshire and Milk Streets, Boston
OPPOSITE

POST

Regular Weekly Sales

OFFICE

OF

CAPITAL AND SURPLUS OVER $3,000,000

STOCKS and BONDS
EVEBY WEDNESDAY.
Office

OFFICERS

No.

HENRY N. A1ARR, Secretary
FREDERICK W. ALLEN, Treas. and Asst. Sec.
CHARLES F. CHOATE, Vice-President
THOMAS E. EATON, Assistant Treasurer
FRANKLIN HAVEN, Vice-President
FR A NCI S R. J E WFTT, Trus t Officer
JAMES R. HOOPER, Actuary
CHARLES E. NOTT, Manager Safe Dep. Vaults

exclusively by this Company, offers every convenience

WILLI AIT*

66

«I«EET

Corner Pino Htroot.

DAVID R. WHITNEY, President
CHARLES H. DALTON, Vice-President

The'New Building1, occupied
to its Depositors.

Robert F. Herrick

B. P.

BOSTON

EDWARD A. PHIPPEN, Cashier

Chairman

Gordon Abbott

C.

I. HUDSON ik

CO.,

Noe. 34-86 WALE ST., NEW YORK.
Member* of New York and Chicago Stock Kxohange*

Accounts of

Institutions, Trustees, Firms and Individuals are desired, and the
same care and attention is given to small as to
large deposits. If more con¬
venient, deposits may be made by mail and will be promptly acknowledged.
Interest Allowed on deposits subject to check.
Letters of Credit and Travelers’ Checks, available in all parts
of the world, issued.
Authorized to Act as Trustee under Railroad and other Mortgages and as
Agent
» • for the Transfer and Registration of Stocks.
Also as Guardian, Administrator,
Executor and Trustee.

Telephone 3070 J ohn.

Miscellaneous Securities
in all Markets.
FBIYATE WIRES TO PRINCIPAL CITIES

Newburger.Henderson

FEDERAL TRUST COMPANY

&> Loeb
100 Broadway,
New York:

527 Chestnut Street,
Phnauelphia

Members of the New York and
Philadeipnla Mock Exchanges.

95 MILK STREET, BOSTON

INVESTMENT SECURITIES.

CAPITAL,

$500,000

SURPLUS AND UNDIVIDED

PROFITS,

150,000

R. J. JACOBS

&

CO.,

41 NEW STttEKT.
'

Interest allowed

of




Member* N.

deposits of $500 and over.
Orders Executed
Issues Travelers’ Letters of Credit and Foreign Drafts.
Acts as Trustee of Corporation Mortgages and as Depositary under Plans
Reorganization.
W. H.
Acts as Registrar and Transfer Agent.
on

Y.

Stock

Exchange.

for Cash

Margin

or on

Goadby & Co.,

BANKERS AND

JOSEPH H. O’NEIL, President.
JAMES

W.

J. H.

KENNEY, TIMOTHY

E.

HOPKINS, JAMES J.

TURNBULL, Secretary.

PHELAN, Vice-Presidents.

G.

Bremer.

John T. Burnett,
Win. J. Carlin.
C. James Connelly

Wm. J.

Emerson,
Timothy J. Fa Key

74

BROADWAY.

NEW

YORK.

DAVID BATES, Treasurer.'

R. T. Wilson 6c

BOARD OF DIRECTORS.
Theo.

NO.

KKOKHttS,

Thomas F. Galvin,
Francis Gray,
Wm. F. Hammett,

James

Timothy E. Hopkins,

Pierce Powers,
John E. Stanton.

M.

Morrison,
Joseph II. O’Neil,
James J. Phelan,

James

W. Kenney,
Lawrence J. Logan,

BANKERS
33

&

COMMISSION

Wiill

Street

Co.,

MERCHANTS

Npw Vorls.

BEADLE & MAXWELL.
Gas and Electric

ENGINEERS

O’CONNOR & KAHLER

82 Beaver St.,

Examinations and Reports

BANKERS

49 Wall Street, Manhattan

INVESTMENT
SECURITIES
*

Southern & Western

SEW YORK

Municipal Bonds

J

-

Gr.

BOV

BANK AND TRUST

COMPANY

STOCKS

Zaclii’y & Co.

BANKKKS. tH

BOUGHT AN!) SOLD.

S

LOANS

1906

n all »f.,

'

ew

York

ISSUE

THE FINANCIAL REVIEW
WE

(HFHI

BONDS

OF

Georgia, Alabama and Texas Cities
to yield 4^4 to 5%

contain* a five-year monthly range of prim*
for stocks and bonds and other valuable sta¬
tistic*

Price, $2

COMMERCIALS* FINANCIAL CHRONICLE
YORK.

XT1I

THE CHRONICLE

Feb. 9 1907 j

grast Companies.
CHARTERED 1836

,

GIRARD TRUST COMPANY,
PHILADELPHIA

CAPITAL,

SURPLUS,

$2,500,000.

-

EFFINGHAM

B.

MORRIS,

$7,500,000

-

President.

ALBERT ATLEE JACKSON, Second Vice-President.

Vice-President.
CHARLES J. RHOADS, Third Vice-Pres. and Treasurer.
GEORGE H. STUART, Third Assistant Treasurer.
WILLIAM NEWBOLD ELY, First

EDW. SYDENHAM PAGE, Secretary.
SAMUEL W. MORRIS. Assistant Secretary.
MINTURN T. WRIGHT, Real Estate Officer.

J. SNOWDON RHOADS, Trust Officer.

MANAGERS

WILLIAM H. JENKS,
WILLIAM H. GAW,

HudNon

Companies prefered

New York

Union

City Mock

WEST END TRUST COMPANY,
PHILADELPHIA.

Typewriter

Chicago & North West. Rights
Wadsworth &

Wright,

Members New York Stock

Exchange

NEW YORK.

2 Wall Street.

EDW. T. STOTESBURY,
CHARLES E. INGERSOLL
JOHN S. JENKS JR.,
HENRY R. COXE JR .,
EDGAR C. FELTON,

C. HARTMAN KUHN,
JAMES SPEYER,
AUGUSTUS D. JULLIARD,
EDWARD J. BERWIND,
RANDAL MORGAN,

FRANCIS I. GOWEN,
GEO. H. McFADDEN,
HENRY TATNALL,
ISAAC H. CLOTHIER
THOS. DeWITT CUYLER

EFFINGHAM B. MORRIS.
JOHN A. BROWN JR.,
BENJAMIN W. RICHARDS.
JOHN B. GARRETT,

Capital (full paid), $1,000,000. Surplus, $1,000,000.
Has one of the best appointed
kinds of Banking, Trusts, Etc.
Interest
Executor.

allowed

upon

buildings in the City for the transaction of all

Deposits.

Acts

as

Administrator, Guardian and

Safe Deposit Boxes for Rent from $5 to $50 per annum.
of Silver.
Real Estate for Sale and to Rent.

Vaults for the Storage

OFFICERS.
HORACE A. DOAN, President.
CHAS. E. WOLBERT. Second Vice-Pres. dc Treas.
ROBERT L. MORGAN, Asst. Sec. & Asst. Treas.

THE AUDIT COMPANY

OF ILLINOIS,
1137 First National Bank

JOSEPH T. RICHARDS, First Vice-President.
JOHN M. STRONG, Trust Officer.
JOHN HAMPTON BARNES, Solicitor.

DIRECTORS.
Horace A. Doan,
Win. Henderson,

A. Lewis Smith,
Frank R. Tobey,
Max RIebenack,

Joseph T. Richards,

Dr. H. C. Wood,

Henry A. Borrell.

W. Alex. Brown,
G. Brlnton Roberts,
Wm. L. Supplee,

David E. Williams.

Stephen Greene,

Jos. S. Keen Jr.,
William C. Aldersou,

Building,

OHIOAGO.

Public Accountants and Auditors.
C. W. KNISELY

C. P. A.

The Trust Company of North America,

President-Manager.

505 Chestnut St.,

w-

Regular and Special Audits for Corporations,
Physical
and En¬
Takes entire charge of accounts for
gineers.
Guardians, Trustees, Executors and Receivers.

CAPITAL AND SURPLUS,

Firms and Individuals, Financial and
Examinations by experienced Auditors

William R Compton
Bond & Mortgage Co.
MACON. MISSOURI.

(Established In 1880)

MISSOURI MUNICIPAL BONDS—

School, City, County and Drainage
list gives a wide selection £of

Our

attractive issues in sizes of

many

Philadelphia.

Acts

as

Executor,

Trustee,

SI,250,OOO.

Registrar, Administrator, Assignee, Receiver

Transfer Agent and Fiscal Agent.
Allows Interests on Deposits.
President, ADAM A. STULL.
First Vice-Pres. and Treasurer, HENRY G. RRENGLE.
Second Vice-President and Trust Officer, JOSEPH S. CLARK.

Secretary and Asst. Trust Officer, CHAS. P. LINEAWEAVER.
DIRECTORS.
William F. Read,
J. Leverlncr Jones,
Eutrene I.. Ellison,
Henry C. Brengle,
Frank Samuel,
Malcolm Lloyd,
James Crosby Brown,
Joseph C. Fraley,
Adam A. Stull,
John Mellhenny,
Harry C. Francis,
John Cadwalader,
Edward D. Toland,
Richard W. Melrs,
Henry L. Graw Jr.,
E. W. Clark Jr..
Joseph R. Walnwrlght
Clement B. New'bold,
Howard S. Graham,
E. B. Coxe Jr.,
William
D. WInsor.
John W. Pepper,
Samuel F. Houston,
Edwin S. Dixon,

$2,000 to $100,000.

Opinion Chicago counsel, full legal
papers furnished
We buy direct and handle nothing
^•on brokerage
Close buying, large volume and small
profit make our offerings attractive
Send for latest circular
New York, Chicago, St.
Kansas City references
WILLIAM

R.

Louis and

President.
Building

COMPTON,

4 Wardell

ST.

"gnotneevs
J.

WHITE

G.

ST.

&

CO.,

Engineers, Contractors,
43-49 Exchange

Place.

■

LOUIS, MISSOURI

and'surplus I $10,000,000

NEW YORK

Investigation* and Reports on Electric
Railway, teas, El-cirlc Light, and
Power Transmission Properties
for Financial Institutions
and

LOUIS UNION
TRUST CO.

Investors.

EXECUTES TRUSTS
OF EVERY DESCRIPTION

Bleetric Railways, Electric Light and Electri*
Power Plants Financed, Designed and Built.
London Cor respondent:

G. WHITE & COm Limited,
9 Cloak Lane. Cannon Ht„ E. C.

J.

Canadian

Correepondente:

CANADIAN WHITE CO.,
Montreal.
Principal




Limited.

Philippine Office, Manila, P. I.

Solicits Accounts, on which Interest

will Be allowed

[VOL. LXXX1V,

THE CHRONICLE

xrm

grust ©orapatitcs.

cKERBOo/fg
CO.

TRUST

358 FIFTH AVENUE. CORNER 34TH STREET.
BRANCH OFFICES:
66 BROADWAY.

I48TH STREET AND THIRD AVENUE

I25TH STREET AND LENOX AVEnUE.

NEW YORK CITY.

CAPITAL AND UNDIVIDED PROFITS,

$6,704,638.74.

January 1st, 1907.

Statement of Condition

LIABILITIES.

RESOURCES.

$6,241 881 73
2,921, 358 20

Investment Securities
Bonds and Mortgages
Real Estate—Banking House

$925,000 00
365,000 00

Other Real Estate

fc.*

$1,200,000
5,504,638
62,883,515
704,352

Capital Stock
Undivided Profits.
Due Depositors
Accrued Interest due by

Company

00
74
48
52

1,290,000 00
Loans
Loans

on
on

$31,210,106 33
15,258,104 85

Time
Demand

Cash in Bank and Office-.
Interest in Real Estate Company for purchase
of Consolidated Stock Exchange Building

46,468 301 18
11,707 631 43

__

and leasing
888,,462 63
774 ,871 57

Accrued Interest due Company

$70,292,506 74

$70,292,506 74
CHARLES T.
FRED’K L. ELDRIDGE, 1st V.-Pres. '
BENJ. L. ALLEN, 3d Vice-Pres.
FRED’K GORE KING,

BARNEY,

HARLEM

B.

RANDALL,

Trust

'

WM, TURNBULL, 4th Vice-Pres.
J. McLEAN WALTON,

^

Sec. & Treas.
HARRIS A. DUNN,

TRUST
WM.

President.

JOSEPH T. BROWN, 2d Vice-Pres.

H.

M.

DeLANOIE,

BRANCH.

;WM, F. LEWIS, Manager.
BOARD

OF

Asst. Trust Officer.
BRONX BRANCH
JOHN BAMBEY, Manager.

DIRECTORS.
JAMES W. GERARD,
HOSMER B. PARSONS,
JOSEPH T. BROWN,
HENRY R. HOYT.
GEORGE C. CLARK JR..
WILLIAM A. TUCKER.
CHARLES F. HOFFMAN,
EDGAR J. LEVEY,
ROBERT S. TOWNE.
CHARLES P. PERIN.

HENRY C.

BERLIN,
CHARLES W. GOULD.
FRED’K L. ELDRIDGE.
ALFRED B. MACLAY,
WM. SLOANE,
MOSES TAYLOR.
G. LOUIS BOISSEVAIN,
A. H. BARNEY',
PAYNE WHITNEY.
ALFRED G. EVANS,
JAMES B. HAGGIN,

THE PEOPLES TRUST COMPANY.
BEDFORD BRANCH,
I
MAIN OFFICE,
| WALLABOUT BRANCH,
Bedford Ave. & Halsey St. 1181-183 Montague Street. | Clinton and Myrtle Aves.

Interest Allowed

on

35

DETTMER, Vice-President.
CHARLES A. BOODY, Secretary.
CHARLES L. SCHENCIv, Assistant Secretary.
A.

-

NEW YORK.

BOSTON.

New York
EXEMPT FROn
AND

City Bonds
STATE, COUNTY

CITY

TAXES

.

HORACE ,T. MORSE, Vice-President.
HENRY M. HEATH. Assistant Secretary.
JOHN T. WILLIAMS, Assistant Secretary.

J. F. BIRDSELL. Trust Officer.

FISCHER, Assistant Secretary.

Sale

3 Nassau Street,

Congress Street,

EDWARD JOHNSON, President.

WILLIAM

CO.,

BANKERS,

Deposits.

OFFICERS.
G.

&

S2,700,00U.

CAPITAL AND SURPLUS,

J.

DAY

L.

R

I10K0U4.H OF BROOKLYN, CITY OF NEW YORK.

,

Sec.

DEPARTMENT.

Officer.

JOSEPH S. AUERBACH,
HARRY B. HOLLINS,
CHARLES T. BARNEY,
A. POSTER HIGGINS,
1. TOWNSEND BURDEN,
HENRY P. DIMOCK,
CHARLES P. WATSON.
FREDERICK G. BOURNE,
C. LAWRENCE PERKINS,
CH MILES T. COOK,
JOHN MAGEE,

Asst.

Asst. Treas.

A

Financial

Deposit Vaults at All Offices
Or

a

Courtship

Plea for Conservative
Investments

KINGS COUNTY TRUST COMPANY

(By Frank W. Rollins)

The above book will be furnished
without cost on application to

E. H. ROLLINS & SONS, 21

342, 344 & 346 FULTON STREET

Milk

St., Boston.

Borough of Brooklyn, City of New York
WEBB
CAPITAL, SURPLUS AND UNDIVIDED PROFITS OVER

INVESTMENT

$2,100,000 00
JULIAN D.
William Harkness,
D.W. McWilliams,
Julian P. Fairchild,

|
,

)

Vice-Pres’ts

FAIRCHILD, President.

Secretary
Wason Jr., Asst. Secretary
Carpenter,
Trust Officer

|Thomas
William Blake,
J.
J.

Norman

&

C0„

SECURITIES.

74 BROADWAY, NEW YORK

OTTO JULIUS MERKEL
BROKER
44

AND

46

WALL

ST.,

NEW

YORK

INVESTMENT SEOURITJES.

ACCOUNTS




INVITED. INTEREST PAID ON DAILY BALANCES.

CorretpondmiM Inn* d

Feb. 9

F ttumciaL

ffitratuctaL

A* B. Leach & Co,

Statement of the

Consolidated Business

BMKGRH,
149 Broadway, NEW

140 Dearborn St.,

28 State

six

THE CHRONICLE.

1907.1

YORK

of the

CHICAGO

Bank

New York National Exchange

St., BOSTON

and
421

Chestnut

St.,

PHILADELPHIA

National Bank

The Irving

JANUARY 26TH,

Railway Co

Southern

Due February,

New York Central
notes

Due 1910,

TO YIELD OVER 5%

Kissel, Kinnicutt & Co,
1 Nassau

Street, cor. Wall, New

86
00
00
00
25
00
96
08

Capital
Surplus

824,038,700 15

Total

§16,171,497
U. S. Bonds
911,000
Other Bonds
301,200
Premium
45,050
136,991
Stocks and Securities
Real Estate& Fixtures
209,225
Due from Banks
776,210
Cash
5,487,525
Loans and Discounts

1910*

TO YIELD OVER 6%

5%

LIABILITIES.

RESOURCES.

NOTES

5%

1907.

Total

York,

_

_

Undivided Profits

Circulation.
Bond Account

_

Deposits

82,000,000
1,000,000
25,571
890,297
260,000
19,862,831

00
00
33
50

00
32

824,038,700 15

Combined Institutions will be
continued under the name of the

The Business of the
JOHN F. HARRIS.
)
H. R. winthkop,
> General
T. E. CUNNING * A M \
J. A. hipi Ey,

Partners

Irving National Exchange Bank

Soectal Partner

Harris,WinthropA Co

JAS. E. NICHOLS, Vice-Prest.

BENJAMIN F. WERNER, Cashier

MEMBERS

New York Stock

CHARLES L FARRELL, Vice-Prest.
ROLLIN P. GRANT, Vice-President

LEWIS E. PIERSON, President

Stocks, Bonds and Grain
Exchange

Chicago Board of Tra^e
Chicago Stock Exchange
25 Pine Street

240 La Salle Street

NEW YORK

CHICAGO

PRIVATE WIRES

THE NEW YORK TRUST
26

BROAD STREET

New Orleans

Real Estate, Mortgage
Securities Company
213 CAMP ST.,

-

&

NEW ORLEANS, LA.

Jtto

the

presents the promise of

greatest industrial advancement

REPUBLIC OF CUBA
5% Internal Bonds
Payable In U. S. Qold Coin
YIELDING OVER 5%

T. W.

PER ANNUM

STEPHENS & CO.,
Street, New York.

BALTIMORE ,
Continental Building.

CHICAGO
lot Nat. Rank Bldg.

T. Bannard,

Reading Bertron,

amea

A. Blair,

Chas. W. Harknees,

James N. Hill,
F. N.

Hoffstot,

Robert W. deForeet,

Arthur Curtiss

;ohn B. Dennis,

Frederic B. Jennings,
Walter Jennings,

ilbert H.

Gary,

foaeph P. Grace,

NOSTRAND.

30 WALL.

STREET,

Investment Securities




Sec«etary.

J amea,

Chauncey Keep,
Woodbury Langdc a,

Gordon Macdonald,
John J. Mitchell,
James Parmelee,
Gewige W. Perkins,
Joh n S. Phipps,

Prentice,
Edmund D. Randolph
Norman B. Ream,
£. Parmalee

B.

Aymar Sands,

Joseph J. Slocum,
John W. Sterling,
James Stillman,
Brnst Thalmann,

Myles Tierney.
Valentine,

P. A.

FIFTH AVENUE Fifth Avenue and 43d St.,
TRUST COMPANY
N™ YORK
Capital, Surplus and Undivided Profits, $2,742,366.
WILLIAM D. SLOANE
Vice-Pres.
JAMES M. PRATT, Secretary.

P.

MORTON, President.

CECIL D. LANDALE, 2d
WALTER MEACHAM, Asst.

Vice-Pres.
Sec.

TRUSTEES.
E. J.

C. B. VAN

Aest. Secretary.

ARTHUR S. GIBBS, ad Aset.

Treasurer.

LEVI

2 Wall

HERBERT W. MORSE, let

JR.,>

TRUSTEES.

i.

Southern Municipal
Securities
and Real E«iate Loans

FREDERICK J. HORNE, Secretary.

KINQ.^ Vice.Preaideiit,

ALEX. 8. WEBB

IN, *600,000

Dealers In

The South to-dai/

BANNAKD, President.

OTTO T.

MORTIMER N. BUCKNER,

CAPITAL PAiD

Surplus and Profits, $10,941,994.

Capital, $3,000,000.
WILLARD V.

COMPANY

G. G. HAVEN,
A. ISELIN Jr.,

BERWIND,

FREDERIC CROMWELL,
THOMAS DEWITT CUYLER, A. 1). JUILLTARD.
H. C. DEMIXG,
R. H. KING Jr..
GEORGE G. DE WITT,
CECIL D. LANDALE,
LEVI P. MORTON,
C. D. DICKEY,
INTEREST ALLOWED

ON DAILY BALANCES

Safe

PAUL

MORTON,

THOMAS F. RYAN,
JACOB H. SCHIFF,
WM. I). SLOANE,
VALENTINE P. SNYDER.
H A R R Y PA Y N E W111T N E Y,

SUBJECT TO CHECK.

Deposit Vaults

t

i

[VOL. LXXXIV.

THE CHRONICLE.

XX

W&unted.

ffimiuciat.
b

.

r

SEABOARD AIR LINE RAILWAY
NEW VMKK, February 7, 190».

NOTICE

reserved

Continental

the’bonds for extension, upon surrender to The
of .the'coupons

due March 1, 1907.

ESTABLISHED

Continental Trust Company of Baltimore, Maryland,

SEABOARD AIR LINE RAILWAY
By ALFRED

New York.

FINANCIAL.
WANTED—To establish relations with Trust
Co. or Banking House dealingin Railway Securities
Have had twenty years’ experience in Railway
Service.
Construction, Traffic
and Operating
departments.
Now engaged as an Executive
Officer.
References in New York and in my own
section.
Extensive and intimate relations with

WALTER,

office on and after February
above-mentioned bonds of the Seaboard Air Line Railway for extension, and
to make the eash payment of twenty dollars ($20) on each bond, and also the Interest due March
1, 1907, as above Indicated.
The holders of such bonds desiring such extension should deposit the
same promptly at our office,
Baltimore, In order that the extension agreement and coupons for
Interest accruing thereunder may be attached thereto.
Depositing holders will receive receipts,
exchangeable for extended bonds as soon as the extension contract and coupons can be attached
thereto.
The right to extend such bonds will terminate on March 1, 1907, and after that date no
bonds will ;be extended.
All bonds not so extended will be purchased by the undersigned at par
on^March 1, 1907.
Bonds not extended will not draw interest after March 1, 1907.
•’
The New York Trust Company, New York, and E. II. Rollins & Sons, Boston, are authorized
to”accept .deposit of the bonds.

Chronicle

I*.,

STATISTICIAN

similar
Desires
position with
Bank,
Trust Company or Bond House^to organire or manage Statistical Department.
Seven years’ practical experience.
Now

Referring to the above notice, we arc prepared to receive at our

employed

11, 1907, any'of the

THE CONTINENTAL TRUST COMPANY

V.

managing officials.
Address
Office, P. O. Box 958, N. Y.

BALTIMORE. February 7, 19«7.

n

HOUSE,

Requiring additional capital to extend
present business of high-grade
Railroad
and
Corporation
Bonds
into other markets, we will offer to
the right party an attractive propo¬
sition for $50,000 to $100,000 capital.
Address Boston Bond House, care
Financial Chronicle, P. O. Box 958,

PRESIDENT.

•'

BOND

our

"3 • This {Company lias made an arrangement with The Continental Trust Company of Baltimore,
Maryland, to [extend it he Issue of its Mortgage and Collateral Trust Five Per Cent Three-Year Gold
Coupon Bonds Issued under its Mortgage and Collateral Trust Agreement dated March 1, 1904, to
and .with The Continental Trust Company of the City of New York (now the New York Trust Com¬
pany) and [Willard V. King, maturing March 1, 1907.
I*
According to the terms of this arrangement, the Hallway Company Is to extend the bonds from
March 1, 1907, to May 1, 1911, with interest at the rate of five per cent per annum, payable semi¬
annually on the first days of September and March in each year (except that the final instalment
skall be interest for two months, payable May 1,1911), at the office of The New York Trust Com¬
pany, the Hen of said Mortgage and Collateral Trust Agreement dated March 1, 190 1, now securing
*
‘IT'E
theTsald bonds to continue unimpaired.
The right to extend as above has bpen
to such of the present holders as shall deposit
their bonds for that purpose with TlnC
Trust Company, Baltimore, Maryland, on or
before March l, 1907.
At the time of sKich deposit they shall also receive a compensation In cash
of $20 for each bond.
The Interest due March 1, 1907, on the said bonds wHl be cashed at the time of the deposifo.
:<.

CAPITAL.

8PECIAL

EXTENS10N.0F THREE-VEAK FIVE PEK CENT BONUS

by
Box

Address

bond

prominent
10

B,

house.

Wall

The

Street

Journal.
LADY wishes position as stenogra¬
Private Secretary with Banking House or
in which ability, education,
experience and general usefulness will be appre¬
ciated and compensated accordingly.
Address
M. J. A., Chronicle Office, P. O. Box 958, N. Y.
YOUNG

pher

or

Trust Company; one

PAPER.

COMMERCIAL
Investment

House

or

Salesman

„

wanted

in

each State to sell Commercial Paper on commis¬
N.
Y.
sion.
Address
Banking
House,
care
Financial Chronicle, P. O. Box 958, New York.

By S. DAVIES WARFIELD
.

JT!

‘

•

PRESIDENT,

WANTED.—Bond Salesman for N. Y.
City market.
Address, stating experi¬
ence,
J. A. T., care The Wall Street
Journal, 44 Broad St., New York.

BALTIMORE, MARYLAND.

,

WANTED—A position in a banking or broker¬

house by a young man well versed in mathe¬
matics, who has received an honorable discharge

age

I

''
■

HIGH GRADE INVESTMENTS

:

!

We

offering a selected list of Investments
netting from 4 to 6%.
are

Among those offered are many securities,
including short time railroad notes, bonds
and guaranteed stocks, that, in addition to
the exceptionally favorable interest rate now
procurable, we believe will materially en¬

“H-J

:;i;

after three years at Columbia.
H. W., care Chronicle, P. O.

j

li,; i)

S!
i

hance in value.

We will be pleased to furnish full par¬
ticulars by mail or on personal request.

i.J»

WANTED: CONSERVATIVE INVESTORS IN.
LEGITIMATE
MINING.
W.
FRAZIER
C.
ATLANTIC. IOWA.

financial.

CASURPLU8D $11,000,000

Title guarantee
andTRUST COMPANY
176 Broadway, New York.
175 Remsen Street. Brooklyn.
198

Montague Street, Brooklyn Banking Dept.

Examines & guarantees Real
Loans

507 Chestnut St, Philadelphia
i 11

New York

33 Pine St.

■Redmond aCq.

Age 21.
Addres
Box 958, N. Y.

Money on

Furnishes

Receives

Estate Titles,

Bond and Mortgage.

Mortgages to Investors.

Deposits subject to check, allowing
Interest.

Does all Trust

Company ftusiness.

FI N ANCE~COMM ITTEB.
In

Jones, Caesar, Dickinson, Wilmot & Co.
■

Certified

U

Pubiic Accountants,
NEW

(III.)

YORK

Charge of Banking Interests.

EDWARD T. BEDFORD
CLARENCE H. KELSEY.
EDGAR L. MAR8TON.
WILLIAM H. NICHOLS.
JAMES H. OLIPHANT.
CHARLES A. PEABODY.
JACOB H.8CH1FF.
JAMES SPEYER.
EDWARD O STANLEY

CLARENCE H. KELSEY Prestdeat.
FRANK BAILEY. Vice-President.
EDWARD O, STANLEY Second Vice-President.
Manager Banxtig Department.
CLINTON D. BURDICK. Third Vice-President.
J. WRAY CLEVELAND.

54 WILLIAM STREET
PRANK

CHICAGO
Tribune Bidg.
SEATTLE




L.

SNIFFEN,

Manager Brooklyn

Bank*

Department.

ST. LOUIS
Stock Exchange Bldg.

MEXICO, D. F.

SAN

FRANCISCO
Monadnock Bldg.
LONDON

[ENGLAND]
307 Epler Block

Secretary.

ARTHUR TERRY, Treasons.

Apartado, 3029

3 Fredericks

Place, E. C.

PITTSBURGH

People’s Bldg.
MELBOURNE

[AUSTRALIA]
9 Queen Street

MAX B. BORG.
Xiioellaneous

Bonds

and

Curb

Securities

A SPECIALTY.

AO BROAD BT.

NEW YORK.

2805 RECTOR

financial.

Otmtlencis.
NILES-BEMENT-POND COMPANY.
New York, February 6th, 1907.

the N1LES-BEthis day deeiared
a
SEMI-ANNUAL dividend of THREE PER
CENT on the COMMON STOCK of the Company:
ONE and
ONE-HALF PER CENT payable
March 20th and ONE and ONE-HALF PER
CENT payable June 20th, 1907.
March 20th the
For the dividend payable
transfer books will close at 3 p. rn. March 14th
The Board of Directors of
MENT-POND COMPANY has

Having disposed of a
the remainder at 973^

for
transfer

aud will re-open at 10 a. m. March 21st, 1907;
the dividend payable June 20th, tbe
books will close at 3 p. m. June 14th and re-open
at 10 a. in. June 21st, 1907.
•>

CHARLES L. CORNELL,

Treasurer.

_

portion of the following issue

and interest; yielding about

of bonds, we"bffer

5.20 per cent.

$500,000

Light Company

Tacoma (Wash.) Gas

NILES-BEMENT-POND COMPANY.
New York, February 0th, 1907.
The Board of Directors of the NILES-BE¬
MENT-POND COMPANY has this day declared
a dividend of ONE and ONE-HALF PER CENT
on the PREFERRED STOCK of the Company,
payable February 15th, 1907.
The transfer books will close at 12 o’clock noon
February 9th and will reopen at 10 a. m. Febru¬

5% TWENTY-YEAR GOLD

BONDS

after July I, 1907)

Refunding Mtge. (First Mtge

Due June 1, 1926

Dated June 1, 1906

lOtli, 1907.
CHARLES L. CORNELL, Treasurer.

ary

XXI

THE CHRONICLE.

1907.]

Fuis. 9

Coupons payable June 1

and Dec. 1

Of flee of

NORTH

THE

J

AMERICAN COMPANY,

30 Broad Street, L
NEW YORK. February

SEVENTEENTH REGULAR
•A

5/1907.
DIVIDEND.

•

EARNINGS AND

A QUAR¬
upon this .Company’s Capital
on March 1st, 1907, to stock¬

quarterly dividend of ONE AND

TER PER CENT
Stock will be paid
holders of record at. the close
ruary

15,

of business on Feb¬
The stock transfer books will
will
be mailed to stock¬
CHECKS
Dividend
have filed Permanent

1907.

not be closed.

^
holders
who
Orders at this ’office.
By order of the Board of "Directors.
SILAS W. BURT, Secretary.

PEOPLE’S

COKE

GAS
LIGHT
&
(of Chicago).

’

CO.

AMERICAN GRAPHOPHONE

COMPANY

Consecutive Quarterly Preferred Dividend No. 47.
The regular quarterly dividend (No. 47) of ONE
AND THREE-QUARTERS PER CENT on the

preferred capital stock of the American Graphophone Company will be paid February 15, 1907,
to stockholders of record February 1.
By order of .tile Directors.
EDWARD D. EASTON, President.

Fo other dividends see page

xxii.

I^CiCttnos.
HAVANA ELECTRIC RAILWAY CO.
The Annual Meeting of the stockholders of

the
held

Elect-lie' Railway Company will be

at the office of the corporation, No. 15 Exchange
oil the 26th day of February, 1907,
Place N.
at 12 o’clock noon, for tlie election of directors

and for the transaction
may

of such other business as

properly come before it.

H.-L. ASHLEY, Secretary.

Dated January 25, 1907.

To Sense
TO

The

large

LEASE

and commodious offices on

First Floor of

Officially reported by Auditor of Company
earnings
Operating expenses

$132,687^09
71,696a79
$60,990 80

Gross

(including taxes)...

Net earnings (increase 57.22% over
Interest on funded debt..

1905)....

25,005 55

....

Notice Is hereby given that a dividend of ONE
AND ONE-HALF PER CENT has been deeiared
on the Capita! Stock of tills Company, payable to
the Stockholders on February 25th, 1907.
The transfer books will close in New York on
February 15th, 1907, at 3 o’clock P. M., and will
reopen February 20th, 1907, at 10 o’clock a. m.
L. A. WILEY, Secretary.

Havana

EXPENSES OF COMPANY FOR 1906

the

56 Wall Street

extending through to Pine Street, with vault and
basement on Pine Street, now occupied by the
London Assurance Corporation, who are soon to
remove to William Street, corner Malden Lane.
Apply to WM. O. PLATT, 56 Wall St.. R. 401
•

If or
first mortgage 6 per cent
sinking fund bonds of the par value of
$1,000 each in a brewing company earning over
five times the amount of the bond interest an¬
nually.
Price and full information will be given
to prospective purchasers.
Address, B. W. G.”
care of The Commercial and Financial Chronicle,
P. O. Box 958, New York City.
FOR SALE.—Fifteen

gold

$35,9S4 75

Balance

of the property on July 1,
1906, the output of gas increased from that time up to Jan. 1, 1907,
60% over the same period in 1905. On this basis the output for 1907jwill
be at the lowest calculation 125,000,000 cubic feet.
Since the new

management took charge

CAPITALIZATION.

Capital stock, authorized and
Total bonds outstanding..

....$1,000,000

issued

1,000,000
Of the above $1,000,000 bonds, less than $400,000 were outstanding
from Jan. 1st to June 1st, 1906, the balance having been issued since
the latter date in connection with new holder, benches and extensions
of street mains.

gas-lighting business
is liberal and runs

The Tacoma Gas Light Company owns the entire
of the City of Tacoma.
The franchise of the company
for a period of fifty years.
The Company’s plant has been

thoroughly examined by expert gas
engineers whose report is on file at our offices.
Since the taking of the U.S. Census in 1900 the population of Tacoma
has more than doubled.
It is estimated that the city will have 100,000
people within its corporate limits before the close of another year. It
handles more freight than any other city in the Pacific Northwest and with
its superior harbor facilities is becoming the objective point of several
under construction.
Legality of bond and mortgage approved by Messrs.

trans-continental lines

now

Storey, Thorndike,
safe investment and
the present issue price of 97J^

Palmer & Thayer, Attorneys-at-Law, Boston.
We recommend Tacoma Gas Light Co. bonds as a

predict for them an early
(and interest).
Gas bonds

are

advance over

'popular with investors for the reason that
of securities is exceptionally clear.

the record of thi$

class

COMPLETE CIRCULAR UPON

REQUEST.

*>

THE INTERNATIONAL BANK,
60

WALL

STREET,

Capital and fcurpus,
Deposits
.
.
.

$600 000

.

.

H. GAY &

N. Y.

.

1,750,000

Individual and Commercial Accounts

I NASSAU

Invited

ST., NEW YORK
MONTREAL

PHILADELPHIA

BOSTON
Facilities Afforded for
Foreign and Domestic

CO.

Transacting
Business . .
THE

INTEREST PAID ON TERM

DEPOSITS

HUBBARD. President.
Vice-President.
JOHN HUBBARD. Vice-President.
JAMES H. ROGERS. Cashier.
CHAS. S. LIPPINCOTT. Asst Cashier.

THOS.

H.

J. S. FF.ARON.




IN AUT iM* »BTLE
BATTERY PARK NATIONAL BANK EUROPE
A Tour forBusiness Men's Families
34 STATE

Shipping

ST. (Opp. New Custom

Export Accounts

House.)

Invited.

E A. De LIMA. President
CALVIN TOMKINSW.-Pres. EDWIN B. DAY.
GEO. 8. TALBOT. Asst. Cashier.

Cashier

Ff« vacancies
private party.

CAMILLE

tor dndraols people »n

small

Apply tor particulars to

THURWANOER, N. E. Conservatory
BOSTON. MASS.

XXII

Vol.

THE CHRONICLE

iixxxry.]

ffimmctal
CHARTERED

1822.

The Farmers’ Loan & Trust Go.
NOS. 16, 18, 20 AND 22 WILLIAM STREET.
BRANCH OFFICE, 475 FIFTH

AVENUE,

NEW YORK.

CAPITAL, $1,000,000 00

UNDIVIDED PROFITS, $7,504,408 73

STATEMENT
8H0WING ITS ACTUAL CONDITION ON THE MORNING OF THE FIRST DAY OF JANUARY, 1907

RESOURCES.

LIABILITIES.

United States Bonds, at market value
:
Bonds of the City of N. Y., at market value—
Bonds and Stocks, at market value
Real Estate
Bonds and Mortgages

$216,600
4,875,569
15,928,506
1,450,000
3,162,675
45,361,584
16,929,835
764,416

Loans
Cash

on

hand and in Bank

Accrued Interest, Rents, etc

Capital Stock

00
45
62
00
00
67
18
70

Undivided Profits

$1,000,000 00
7,504,408 73
79,833,318 53

*

Deposits
Interest

Taxes

accrued,

and

other

Lia¬

bilities

351,460 36

$88,689,187 62

$88,689,187 62

EDWIN S. MARSTON, President.
THOS. J. BARNETT, 2d Vice-President.
SAMUEL SLOAN Jr., Secretary.

AUGUSTUS V.

HEELY, Asst. Secretary.
CARDOZO, Asst. Secretary.
CORNELIUS R. AGNEW, Asst. Secretary
WILLIAM B.

BOARD OF DIRECTORS
SAMUEL SLOAN,
WILLIAM WALDORF ASTOR,
D. O. MILLS,
FRANKLIN D. LOCKE,
JAMES F. HORAN,
GEORGE F. BAKER,
A. G. AGNEW,
CHARLES A. PEABODY,
HUGH D. AUCHINCLOSS,

JAMES

STILLMAN,

HENRY A. C. TAYLOR,
D. H. KING Jr.,
E. R. HOLDEN,
WILLIAM ROWLAND
EDWARD R BACON,
HENRY H. ROGERS,
ARCHIBALD D. RUSSELL,
EDWIN S. MARSTON,

MOSES TAYLOR PYNE,
STEPHEN S. PALMER,
CLEVELAND H. DODGE
FREDERICK GELLER,
JOHN L. RIKER
ROBERT C. BOYD,
HENRY HENTZ,
H. VAN RENSSELAER KENNEDY
P. A. VALENTINE,

llivittcnfls.
Office

of

READING COMPANY.

Philadelphia, February?, 1907

Chartered 1866

The Board of Directors have declared from the
earnings a dividend of 2 per cent on the First
Preferred Stock of the Company, to be paid
on
March 9, 1907, to the stockholders of record at
the close of business February 20, 1907.
Checks
will be mailed to stockholders who have filed divi¬
dend orders with the Treasurer.
W. R. TAYLOR, Secretary.
net

Brooklyn Trust Company,
Main Office: 177-179 Montague
Branch: Bedford Avenue and Fult

Capital Stock,
Undivided rrofits,

St.
n

Office of the

GRAND

St.

$1,000,000.00
-

2,321,873.41

RAPIDS RAILWAY COMPANY,
Grand Rapids, Mich., February f>th, 1907.
The Board of Directors has this day declared
a dividend of One Per Cent on the Common
Cap¬
ital Stock of this Company, payable March 1st,
1907, to stockholders of record at the close of
business February 15th, 1907.
BENJAMIN S. HANCHETT, Secretary.
NORFOLK & WESTERN RAILWAY CO.
The Board of Directors has declared upon the
a semi-annual divi¬
dend of Two Dollars per share, payable at the
office of the Company, Arcade Building, Phila¬

Anjustment Preferred Stock

delphia, on and after February 15, 1907, to the
Adjustment Preferred Stockholders of record at
the close of business February 1,1907.
E. H. ALDEN, Secretary.

Long Island
Loan and Trust Company,
“Temple Bar,” 40 Court Street,

-

-

AND
-

-

25 Broad

$1,000 00O
UyDiVID

D

$1,800,Q00

OFFICERS.
EDWARD MERRITT, President-.
CLINTON L. ROSSITER, 1st Vice-Pres.
DAVID (J. LEGGETT. 2d Vice-President. FREDERICK T-. ALDRIDGE, Secretary.
WILLARD P. SCHEXCK, -Assistant Sccrctarv.
TRUSTEES.
William M. Tncraham,
Edward I). White,
Edward Merritt,
Frank Lyman,
David G. Leggett,




Seymour L. Husted-Jr.,
Seth L. Keeney,
Frank I.. Babbott,
Theodore F. Jackson,
Walter St.John Benedict
J. H.

Coupons due February 1st, 1907, from the
above-mentioned bonds will be paid on and after
that date at the office of the Central Trust Com¬
pany of Newr York, New York Citv.
C. F. WFINLAND, Treasurer.
GENERAL CHEMICAL COMPANY.

BROOKLYN, N Y.
CAPITAL
SURPLUS
PROFITS

THE SOUTHERN INDIANA RAILWAYCO.
First Mortgage 4 per cent Bonds.

.John F. Halsted,
.Martin .Toost,
David H. Valentine,
Clinton L. Rosslter,
Clinton D. Burdick,
John Englls,
Henry F. Noyes,
William V. Hester,
Geonre S. Ingraham, Frederick T. Aldridge,

Street, New York, January 31, 1907,

At a meeting of the Board of Directors held Jan¬
uary 25th, 1907, a dividend of 2% was declared on
the common stock of the company, out of the

earnings

of the company,

payable March

4th,

stockholders of record February 23d,
Common stock transfer books will
1907.
be
closed from February 23d to March 5th, 1907.
JAMES L. MORGAN, Treasurer.
to common

PRATT & WHITNEY COMPANY.
New York, February Gth, 1907.
The Board of Directors of PRATT & WHIT¬
NEY COMPANY has this day declared a divi¬
dend of ONE and ONE-HALF PER CENT on
the PREFERRED STOCK of the Company,

payable February 15th, 1907.
The transfer books will close at 12 o’clock noon

February 9th, and will reopen at 10 a. m. Febru¬
ary lf>th, 1007.
CHARLES L. CORNELL, Treasurer.

Emanuel Jr.
For

other

dividends

see

page

xxi

VOL. 84
CLEARINGS

■FOR

SATURDAY, FEBRUARY 9 1907.
NO. 3172.
JANUARY FOR FOUR YEARS AND FOR WEEK ENDING FEBUARY 2.
Inc. or

Clearings at—

t

$
l

137.174.565
37.787.865
28.561.907
34.178.595
17.124.338
10.288.816
9.285,668
6,125.003
6.357.881
5,363.178
4.437.628

Syracuse
Wilmington
Reading
Wilkes-Barre

Wheeling

3.164.085

Erie
Chester

2,372.230
2.361.990

Greensburg
Binghamton

711.728,946
250.590,895
136,608.341
35.304.495
26,061,876
25.842.882
18.419,143
9.552.440
7,094.642
6,002.968
6,316,466
5,226,060

Boston

Providence
Hartford
New Haven

Springlleld
Portland

Worcester
Fall River
New Bedford

Lowell

Holyoke
Total New England
Chicago
Cincinnati

Cleveland
Detroit
Milwaukee

Indianapolis
Columbus
Toledo
Peoria
Grand Rapids

Dayton
Evansville
Youngstown
Kalamazoo
Fort Wayne
Lexington

Springfield, Ill
Aaron

Rockford
Canton
Bloomington

Quincy

South Bend
Mansfield

Springfield. Ohio
Decatur

.

San Francisco
Loe Angeles

Seattle
Salt Lake City
Portland
Tacoma

Spokane
Helena
Fargo
Sioux Falls
Oakland
San Jose
Total Pacific
Kansas City..,

Minneapolis
Omaha
St. Paul

Denver
St. Joseph
Dee Moines
Sioux City

Wichita

Topeka
Davenport
Colorado Springs
Cedar Rapids
Pueblo

Total other West

414.909,767
290.215.98f
111.335.391
62,022.749

....

St. Louis
New Orleans
Louisville
Houston
Galveston

53.820.73C
36-.626.50f
20.286.417
26.149.43C
27.311.77.'
24.127.22'
18.652.58'
17.860.88J
12,886.92
10.489.34'r
8.723,59
7,159.58
9.064.83, j
6,818,611i
7.168.30 S
7.065.22!5
6.864.72 3
3.674.53 5
2,000.3D1
2,258.63 5

Richmond
Memphis
Atlanta
Savannah
Nashville
Fort Worth
Norfolk

Birmingham
Mobile
Charleston
:

Jacksonville
Knoxville
Little Rock
Chattanooga
Macon

Wilmington, N C
Beaumont
Columbus. Ga

1 890.841)

774.475.14. 3
15.010.587.43,3

Total Southern
Total all
Outside New York..

..

+23.5
—1.7
+ 12.0
+ 7.3
+ 5.4
+ 7.2
+ 10.8
+ 11.0
+ 14.6

+21.9
+ 2.3
—8.3
—15.3
+ 4.8
+ 14.2
+ 30.1
+ 19.6
+ 10.7
—1.5

5.372.916.54*3

4.340.854
3.144.735
2.175.392
2.056.523
1.741.118
2,073.700
1.053..533

8,717.023.272
656.574,813
32.747,400
14.378.251
10.439.184
7.081.297
7.199.157
6.013.415
2.532.124
2.328.383
1,891.136
2.322.256
743.507.416

—9.0

138,208.836
34.509.280
19.496,756
16,816.316

+ 20.8

93.877.700
69.617.331
35.917.280
25,501.356
29.254.537
20,720.728
10.275.880
7.111.250
4.578.215
3.709.702
3.112.041
3329.187
2.218.632
1,806.306
784.628

—1.2

66.068,031
41.796.838
35.465.403
27.739.399
17.294.100

13.273.691
11.803J227

9.132,234
7.793.309
6.509.528
2.474.139
3.307.282

876.069
454.895

1.027.181

224.640.886
95.065.180
63.322.313
31,961.026
23.916.117

18,384.724
21.349.638
9.264,831

5,825.905
4,994.864
4.598.620
4.104.788
2.037.155
1.840,063
—

838.831

In tota.

364,563.026
283.462.301
108,300,243
62.353.12f
41.788,7626.653,00f
30,067,822
27,879.05:
22.020.81.'
19.562.20J
21,453.25(
13.929.31J
10,324,19’r
8,688.49'r
6.249.96'7
7,289.55:
8.132.83:2
6.255.23
6.604,07:1
5.743.87:2
5,913,84,5
2.813.65:1
2,270,69<3
1.736.47 4
1.563.29 3
731,956,18<3
16.333.605.10 4
5.095,404,42(3
i

+ 13.5
+ 2.4

—34.;
—6.:
+ 24.f

+23,;
—13.1

+28.:
+24.ji
+20.'

+39.<
—1.1 i
+ 11..>
+ 9.< )
+8.15
+23.<)
+16. l
+30.’7
—11.1J
+30. 1
+20.*3

+5.13
+5. 4

311.814,773

287.502,055

254.613.822

211,950.391

96.447.151
52,984,162
29.067.27-1
22.610.00C
23.930.302
25.308,316
14,887.774
15,836,78;
13,826.872
10.127,530
7.725.13;
6.149.207

+2.f

—o.i

+28.
+ 37.4

—8.

+ 29.9
+ 66.3
+ 2.5
+ 7.6
+ 21.3
+ 2.5
+ 12.6
+ 4.0

1,599,935
1.009.950

12.283,527
10.684.370
8.432.667
5.325.000

3.906.602
2.967.930
2.307,055
1.752.478

193.535

464.370

492,105
364,887
309.366
308.489
290.320
227,903
235.900
141,493

305.254.499
39.600.440
10.428,377
7,558.213
6.444.211
3.967,693
2,920,270
3.217,614

344.034.897
47.950.919

12.715.938
8.826.036
5,503.063
4.705,814
4.263.675
5.103.197
614.330
294.005
325.042
4,004.477

45,838.879
37.020.202
22.433,000
23.020.314
29,205,430
16,102,550
17.571.663
13.028,692
8.790.541
7.860.919
5.762.283

5,585.07;
6.298,06f»
5.041.6S;
5,707.49'
4.233.69]
3,770.011
2,072.48f

5.982*488

1.717.09’

2.092*852

930.76'r!

608,820.70-f|
11.848.355.88,V

4,113.631.330:

Table Clearing* by

115,558.900

7.972,324
3.354.548
5,478.987
5,220.468

3.583.384
4,287.000

622.120.813

+ 1.2

+ 15.0
+ 11.2
+ 15.0
—6.8

+ 3.4
+ 27.1
1.2
+ 9.4
13.3
+ 11.9
—

—

—2.7

+ 22.3
+ 3.1
+ 11.6
—4.5

Included

29,315.787
15.650.376
9,833.057
8.574.849
7,391.929
5.400.000
2.880,237
1,965,958
1,183.190
861,322
1,554.665
800.000

299,46 L
158.605.43 2

3.270.326.19 1 3.704.150.03 7
)
3.759.752.263 1,158.320.68.5 1.090.548.871

Clearings on Page 306.

909.698
879,178
707.843
491.112
433.488
337,671
469.600

242.781

6.834,900
2,665.812
1,996.443
1.536.024
1.402.186
1.017.314

1,230.360
570.417
452,961
555.150

156,743.976
166,278,661
22.757.750
14.095,909
9.219.449
8.236.762
6,870.386
4,828.200
2,707.517
2.894.250

1.965.772
1,704.512
1,143.636

—2.1

6*9*7*088

7*12*661

+0.5
+ 24.6
+ 7.1
+ 16.8
+ 33.4
+ 30.6

717.249
453.800
367.622

489.480
406.460

346.222

243,512
353,975
329.316
172.663
178.000
117.180

+ 9.4

2S6,S79.44(>

+ 21.1
+ 21.9
+ 16.8
—14.6
+ 18.6
+ 46.0

33.443.096
7.418.734
4.397.671
2,809.676
3.505.671
2,300,105
2.215.227

641,268
598.100
383.343
627.441

420.282
355.936
197.487
435,000
299,469
225.409
180.000
100,195

249,145,522
28.097.763
6.168.704
3.796,051
3.468.294
3.087 619
1,983,033
2,127.311

424,633
465.443
204,152

599.935
496,003
102.010

57.184.408
21.584.524
14,337.264
7,545.556
5.207.524
7.451.815
4.231.567
2.259.593
1,567,635
1,269,796

49,916,723
21.658,972
14.400.467

total
total

+ 19.2

=

+ 21.1
—4.8
+ 2.9
+ 19.7
+ 2 7. J
+ 3.8
+ 19.3
+ 14.1
+ 4.3

861.396
903,516
86K.07C
500.606
330.788
183,368

—4.8
+ 71.9
—7.3
—9.8

69.103.024
50,984,731
21.770.341
12.506.27f
6.967.598
4,443,00(
5.857,706
4,941,514
3.249,847

'

329,501j
160.893.13*1

1.602.349
1,318.187
1.198.101

605,183
727.914

+ 17.C
460.000
—13.8
291.472
In
tots
1.263.902 Not Included
+ 11.1
78.064.25c
86.727.203
—3.;
60.890.545
58,727.671
—9.7
24.595.331
22,211.751
—4.2
13.559.962
12,893,773
+ 27.3
10.323.331
13.137.S3f
6.220.00C + 27.7
7.944.502
—2.;
6.702,852
6,.534,74f
—12.;
5.482.841
4.738.581
+27.4
4.426.35'
5,638,28;
—2.C
5,113.17 C
5,010.002
—4.2
4.208.84C i
4,009,00f
+ie.;
2,839,850
3,394,862
+21.'
2.132.631
2.588.101
+ 19.:
1,919.202
2,288.982
+24.;
1,420.43J
1.768.382
+ 18.
1.292.842
1.526,441
1.484.910 ; +24.;
1,848.05.'
+ 13.1
1.225,61
1,385,252
+ 5a
1.316.891,387.89.'
+ 9.(
1,265.651
1.379.90
12a
+
1
1,311.85’
1,474,05?
573.ID 1 +19., S
685.001 )

9.451.278.382

Telegraph and Canadian

193.021.936
24.765.800
13.635.812
11.351.647
8,839.606
6.455.218
5.257.400
3,529,5123
3.077.283
1.892,774
1,478.605
1,220,237
568.127

+ 21.1

904.275
904,544
863.273
625,749
393,282
336.10-1

23.143.913
5,6.50.437
4.635,594
3.770,061
3.201.941

912.766

in
in

1,134.929

564.361

171.391.143

+58.6

75.773,775
24.209.557
16,434,554
9.560.528
7.162.970
5.784.621
5,612,797
2.414.445
1.722.627

90.302.619

484.827
447.569
585.105

+ 32.8
—85.3

914.187
454.300
268.470
Not

7.199.200
3.463.307
2.330.348
1.557.120
2,006.486
1.652,605
692.285

—4.5
+ 19.0.
—11.2
+ 2.7
+ 55.3
+ 20.0
+ 13.2

'

38,369.055

2,187.212,278 1,445,948.715
138.482.059
150.972.291

—

774,418
698.667
717.118
468,700
526.688
410.335
347.984
376.733
382.083
259,881
415,098
282,640
146,791
195.800
125,000

584.142
564.195
479,266

-

—7.6
—5.6
—4.8
—6.2
+ 15.1
1.0
+ 16.4
—3.2
+ 6.5

732.136

817.030
739.927
683,759
720.924

'

+ 1.7
—1.8

690.078

711.552

398.435

—5.8

1.449.632

1,772.400

792.148
510.729

10.0

—17.3

107.418,847

1,046.154

—10.0

425.456
489,370
191.652.990
209.497.780
25.925.250
14.370.791
13.174.839
10,331,899
6.632.631
5.3X7,200
3.569,556
3.421,949
2.141.729
1.801.093

411,735
521,327
194.007.707
240.850.876
28,835.100
16,531.138

S

330.792
581.100

574,229

668.700

8

5.019.356
1,467,574
1.523.940
1.251.930
910.003

+ 20.8
+ 18.1
—18.5

3,803.490
2.409.578
1,811.166
1,858,508
1,389,913
1,081,154

3.615.821
2,273,133
1,724.333
1.742,503

1904.

129.405,689
47.977.360
26.583.296
6,555.807
4.765,041
3.850.421

—2.4
+ 5.7

—

1905.

,953,962.049 1 .251.203,858

i

—2.8
+ 3.2

400.000 Not Included

+ 14.2
+ 18.0
+ 18.1
+ 10.6
+ 17.3
+ 16.5
+ 32.5
+ 9.2
+ 44.4
—3.4
+ 5.6
+ 23.?
+ 31.1

Not Included

ty

720.587.789
97.719.750

1.087.230.580
127.163.873
28.184.793
16.944.293
14.156.903
14,174.362
8.719.901
8,929.408
3.216.062
2.124.110

254.674386

1.305,762

11.869.764
7.880,634
7.896.365
6.445.736
4.520.233
4.727.852
2,676.987
1,802.038
2.279.658
671.672.912

1312.515.331

+ 14.4

2.797.003
2.299.261

511.700
229.500

839.399
1,663.503
1,119.604
998,172

-

357.349.201
115,448.018
80.304,284
39.795.524
32.170.773
30.684.057
22,979.203
11,614.022
8.142.132
4,644.431
4,364,886
4,481,311
3,531,356

472.439

1,053.737
1.655.267
1,338.399
992.185
967.830
484.982

16.120.540
11,829.658
11.177.572
2.946.183
2,565.865
1.003 380

-5m

978.755
605,255
426.353
579.048
543,400
255.000

503.606

2,773.511
2.824.130
2,054.400
1.843.052
2,762,297
1,693.493
1.363.336

+ 40.0
+ 27.1
+ 34.9
+ 4.3
3,377.812
—9.8
2,512.788
1.612.940 +14.6
Not Included In total
Not Included In total

*

8S0.901
731.944

2,941.612
3.197.419
2.027.400
1.887.684
2.144.795
1.633.155
1.484.145

16.404.121

$

6.558.111.136 2.394.360.628 2.894,799.086
169.333.026
172.152.320
586,202.745
8.477.100
8.328.000
35.310.900

108.433.400
69.221381
49.768.566
36.399.219
29.536.454
24.620.600
15.526.579
13.020.336
8.989.480
7.779,464
6.909.195
2.497.439
3,866.726

—7.1
+ 25.9
+ 16.4
—5.8
+ 23.8
+ 4.2
—17.3
+ 53.2
—1.1

1906.

754.385

814.137382

+0.7
+ 4.3
+ 28 5
+ 15.2
+ 14.8

+ 10.2
+ 24.4
+ 17.3

5.584.899

Lincoln

+ 7.3
+ 4.1
+ 1.0
+ 5.9
+ 40.5
—6.5
+ 6.8
+ 16.0

185.519.862
46.833.860
32.795.098
32.161,600
20.086.081
16.045.039

2,847.037
1.711,63?

Fremont

—13.0

204.512.323
58.240.169
38,478,035
29,252,682
28.112.848
20,386.795
22.124.089
3.523.829
2,266.226

2.9.54.90:

493.915.717
159.707,214
101,121.501
25.991.648
18.124,534
15.630.086
12.774.707
8.423.095
5.697.845
5.015.570
4.025.412
4.035.553
2.735.342
1.946,534
1,998.510
1.754.182
1,923.300
1,009.881

4,118,033

1907.

Inc. or
Dee.

5.112,005,508 2 .613.601.15S
160.103,209
155.602.382
55.539,777
57,306,748
33.299,919
32.509,754
6,934.970
7,320.749
5.201.752
6,755,077
4,499.530
7.482.939
4,099.044
4.202,107
1,983,041
2.133.640
1,596.275
1.936,058
1.292.759
1.324.826
1,095.929
1.233.728
1,163.912
1,210,962

5.691.526.119

194.065.956
107.599.762
30.117.729
20.315,012
16,662,411
16,329.114
7.624.215
6.740.796
4.975.931

799.304

+ 6.5

2 104,466

S

+2.6

1.438.973.238

408.745.557
139.074.847
79.371.521
45,428.005
S7.964.411
36,236.823
25.410,232
13.620.342
9.487.681
6.152,955
4.767.412
6,470.309
3,411.652

$

+ 0.3
+ 16.3
—6.6
+ 7.8
+ 2.8
—8.0

1,532.892.377

1.848.561
17.303.59J-

1904.

979.862

893.254

10.863.522.571 12.493.726.417
848.359.938
905,240.383
38.593.400
40.163.600
17,286.017
17.467,370
11.598.407
12.278,280
7.620.169
10.708.141
9.063.114
8.476.143
7.075.983
7.555.909
4.755,035
5.515.113
3.068.900
3.788.768
2.406.321
2,365,373
*>
2.216,757
482,932
947.037.036
1.016.042.018
986.844.841
1.040.404.771
123.096.400
132.007.600
73.173,634
81.070.037
55.613.277
61.758.130
43.516.978
49.862.876
32.817.340
39,992,532
24.998.300
25.568.200
18.961.774
17.388.306
15.052.896
12,746,292
10.732.433
11.246.145
8.392.249
9.583,616
7.102.773
9.242.300
3,289,635
3.833.687
4,222,450
4,672.154
3 749,866
3.693.430
3.453.983
3.476.031
3,526.819
3.677.913
2.547.200
3.277.505
2,382.556
2.744.131
1,968.666
2,259,644
2.048.912
1,902.181
1.668.503
2,100.962
1.959.676
2.281.260
1.706.267
1.607,931
1.893.368
1.938.687
1,475,465
1.537.483
1,292,380
1,068.540
886.990
1.358.691
597,787
691.342

Total Middle

Jacksonville, Ill
Jackson
Ann Arbor..
Total Middle Western

+ 7.0
+ 9.6
+ 32.3
—7.0
+ 7.7
+ 16.1
+ 2.0
+ 19.6

2.627,900
1.384.392

1.274.160

1906.

7.734.724.555
555.507,500
—3.3
+ 0.4

4.423.481
2,730.089
2,539,452
2.191.909

2.700.600

Franklin
Frederick

Dec.

1,238,200.678

242.391.595

Pittsburgh
Baltimore
Buffalo
Washington
Albany
Rochester
Scranton




1906.

9.637.670.884
674.008,329

New York
Philadelphia

Augusta

1907.

February 2.

Week ending

January.

3.754.432
2.790,817
2.907.128
1.554.05;
1,317,376

'

1,158,988
1,086.518
1,056.99:
1,303.702
870.872
840.53C

487.25?

7.543.412
5.601.655
4,088,811
4.713.632
2,215.154
1.226.926
1.118.185
981,656

1,110.545

479.469

[ 628.519
ISO, 6 44
•)5,y.j4,U47

53.646.138
39.201.379
10,90s.,856
10.127.813
4.946,000
5.296,548
8.081,182
3.574.873
4.138,538
2.918,921
2.446,487
1.913.742
1,361.744

1,4*7*0*655
1.946,297

863.758

1,326,014
1.183,327
875.251
903,000

270.000
208,171
157.459,933
130.059,871)
—11.'7 2.895.830,17?* 2.125.168.916
873.905.058
+6..2 941.868,121)

+Yo*.(1

+1.'i

[Yol. lxxxcv.

THE CHRONICLE.

2{)i

YORK, distinct political organization, the “Know Nothing”
BOSTON, PHILADELPHIA AND ST. LOUIS.
party, the agitation reaching its culmination in 1856
We give up to-day thirteen pages of our space to in the nomination of Millard Fillmore for President
the comparative returns of the trust companies of and Andrew J. Donaldson for
Vice-President, drop¬
New York, Brooklyn, Boston, Philadelphia and St.
ping the “Know Nothing” name and re-baptizing the
Louis. They will be found on pages 307 to 319.
party by calling itself the American party, with a
T1IE FINANCIAL SITUATION.
platform summed up in the expression “Put none but

TRUST

COMPANY

REPORTS—NEW

According to the daily newspapers, something of a Americans on guard.”
hitch has occurred in carrying out and perfecting the
There are many features of this “Know Nothing”
settlement of the difficulty between the Japanese and
California announced to have been agreed upon at the episode which are on all fours with the California and
meeting held last week Wednesday of the Congres¬ Japanese involvment. We need not, though, dwell
sional Representatives from California and the Presi¬ upon those matters to-day.
It is a highly gratifying
dent with two of his Secretaries. Indeed, so far, fact to be assured that not all California is imbued with
according to rumor, have the parties drifted from the the same disgruntled spirit San Francisco has shown.
proposed arrangement, that a war between Japan and The brightest, sunniest and most charming section of
the United States has the current week been declared

the whole State sends

imminent,though both of the named belligerents have
announced again and again that the rumor was base¬
less and silly, and that a full accord along the lines
we announced last week was in sight.
A long-distance
view of this whole affair taken by an observer situated
at this centre brings the subject of dispute down to
trivial proportions; and if no one else and no other
interests except California and Californians were in¬
volved, we should say that the best treatment the case

Washington dispatch of Wednesday states, Feb. 6,
that the President received that day a telegraphic
copy of a resolution adopted yesterday by the Los
Angeles, Cal., Chamber of Commerce on the Japanese
school question which expresses the belief that the
public sentiment of California, especially of the South-*
ern part, upon the question of
the exclusion of the
Japanese from the general public-school system of
the State has been to some extent misrepresented and
is largely misunderstood.
The sentiment is expressed
that upon the main question, whatever may be the
diversity of opinions upon the Constitutional and legal
phases, the board is assured that “the general trend
of public opinion in Southern California is decidedly
adverse to any discrimination against the Japanese
as a people in matters of public-school privileges, and
they believe that this opinion is based upon considera¬
tions of equity and justice,and is held altogether in¬
dependently of any attitude which the Japanese Gov¬
ernment has assumed, or may assume, in regard to the
question.

could receive would be to let them stew in their

own

We are far from wishing any harm to the good
people on the Pacific shore; we only seek to enforce the
fact that their interests are so wrapped up in the de¬
velopment of kindly relations with the East and its
people that no teaching in the present dilemma could

grease.

be

so

effective

as

to force the State and its inhabitants

to endure without

bringing

upon

mitigation or relief the ills they are
themselves and are sure to be the chief

sufferers from.
This

agitation against the Japanese has led Mr.
James, President of the Lincoln National
Bank and formerly Postmaster-General of the United
States, to recall, in an article published in the Febru¬
ary “North American Review,” some interesting in¬
cidents connected with a previous crusade, fifty years
ago, against a sudden special enlargement of our im¬
migration from Europe. The initiation of this mpvcment was the famine in Ireland and the sending of
shiploads of food from America to its starving peas¬
antry, followed by a great inflow of the Irish to our
shores. Once here they spread all over the land
and supplanted native labor in excavating-work in
country and city, building railroads, opening ditches
and trenches in streets, Ac.
These people were dis¬
tinctly foreign, and largely spoke a language or dialect
as unintelligible to Americans as the Italians
speak
to-dav.
They were of influence in politics as well as
in the field of labor, and for both these reasons their
coming was looked upon unfavorably and as a source
of danger to the future of the United States.
“This
hostility became so wide-spread that in Massachusetts
even convents were searched to discover the
hiding
place of some unhappy Irishmen.
In Penn¬
sylvania opponents of the foreigners displayed their
enmity to such an extent that riots and bloodshed
occurred.
In New York City this opposition resulted
in the now traditional Astor Place riots, even threat¬
ening the life of the renowned English actor, Macready.” At length the same spirit developed into a

a

far

more

cheerful word. A

Thomas L.




...

The

gift of 32 millions to the General Educational
by John D. Rockefeller, added to 11 millions
already given by him to the same body and work, is
not only the largest money contribution ever made
by one Individual for any social or philanthropic pur¬
pose, but is especially interesting and suggestive in
the present situation of affairs. The good effects of
the educational and uplifting work which this makes
possible will be widespread and long enduring, reach¬
ing into generations to come, and no man can measure
its fruits.
But there is a lesson which ought to be
gathered from it now in modifying—or, at least, in
suggesting caution and reflection to—the popular habit
of regarding accumulation as a probable, and large
accumulation as certain, evidence that the people have
been robbed.
Are we* quite sure of the soundness of
Board

the

notion that wealth

common

many

by the

use

seizure from the

of strength of hand,

and hardness of heart?
tunes

means

rather

energy of purpose
Is it not true that large for¬

by producing an enormous volume
of transactions at a small profit margin; by cutting out
waste from processes, reducing the cost of necessaries
to Consumers, and thus increasing consumption; so
that the scale of common living really rises and the
poorer classes are benefitted by the very vast ness of
scale and combination of effort which superficially
bear the appearance of oppression?
Hasty and
popular notions are quite the contrary of this; but are
come

Feb. 9

295

THE CHRONICLE.

1907.j

tha t they are well founded ? Is it certain that the pence per ounce for gold bars—a further sum of $1,000,000 of the metal was bought this week. The
current movement to assault and break up aggrega¬
apparent indisposition either of the Bank or
tions of capital is not really directed against an in¬
bullion dealers to interpose obstacles to the additional
strument of general popular well being?
withdrawal—the consignment from South Africa being
Such a donation as Mr. Rockefeller now makes is

we sure

the

about

equally divided between the

Bank, the India

hastily called “princely.” This is an inaccurate term.
Council and the representatives of American bankers,
It is democratic rather than prince-like, reflecting
without competition, seemed to make it probable that
the natural .disposition of the common man to recognize
the latter would again next week endeavor to procure
and obey the touch of nature which makes us all kin.
It adds more evidence that the very rich man will part of the metal that will arrive Monday from the
re-distribute for the common good if he is left free; that Cape; the rise in exchange, however, on Wednesday
will most likely delay such engagement another week.
he needs no pressure of any kind; that the “menace of
Credits have already been established in London and
vast fortunes” is imaginary; and that no scheme of
at Paris by American bankers, through the negotia¬
inheritance taxes is necessary to protect the people.

added nearly every day, and it is tion of railroad or industrial corporation notes, which
credits, until they shall be drawn upon for the account
timely to suggest, once more, that we Americans
of these corporations, will probably be employed in the
should counsel more with reason and less with unthink¬
markets where the obligations have been placed.
ing impulse in our proposed dealing with the wealth
If rates for money here shall be relatively lower than
which seems bad, not when we ourselves desire it,
are discounts abroad, the loans of American credits
but when others have it.
may possibly not be disturbed; if, on the contrary,
the monetary conditions shall be reversed, and if
The close of the present short session of Congress is
exchange rates shall be favorable, it seems likely that
now so near that, as one Washington dispatch phrases
it, “mortuary lists” of pending measures are being gold imports will continue at intervals. When the
fact is considered, however, that Americans will seek
made up and are already long. Some subjects upon
to borrow foreign capital in large volume, through
which action is needed will surely go over, but there
negotiations of rates of this character, it appears
seems to be an agreeable prospect that currency re¬
form will not be among those which wholly fail.
The probable that drawing against credits created tvill be

Evidence of this is

increased and more serious

attention given to it in the

so

adjusted that exchange rates

will not be permitted

encouraging to decline.
sign, and the Senate Finance Committee, we now
With the exception of a reduction by the Imperial
read, will report several propositions based upon the
bill which passed the House in May last.
This bill Bank of Russia of its rate of discount from 7% to
authorizes the issue of gold certificates down to a 6J^%,there was no change in official rates by any
of the European banks this week; unofficial or open
minimum of $5, instead of $20 as now, and removes
market rates were, compared with last week, 1-16 of
the present proportionate restriction from the issue of
at London and Y of 1% at Berlin and at
$5 bank-notes, which cannot now exceed one-third of 1% higher
Frankfort and % oi \% lower at Paris.
the total in case of any bank.
Discussion in the Senate
The feature of the statement of the New York
Committee has been towards raising to 15 millions a
month the present limit of 3 millions of circulation AssociatedrBanks last week was a reduction in the sur¬
withdrawable by banks, and to make withdrawal in plus reserve by $2,928,700, to $12,634,100. This was
the result of a decrease of $501,600 in cash and of an
times of dulness more free obviously tends towards
increase of $2,487,100 in reserve requirements, the
elasticity of movement, because to hinder
latter due to^an augmentation of $9,708,400 in de¬
withdrawal necessarily hinders issue. Removal of
posits. Loans were increased $11,852,100. There
present restrictions against depositing customs receipts
a transfer this week of $200,000 to New Orleans
in depository banks is also discussed.
These measures, through the Sub-Treasury.
which seem to have a prospect of going through at
this session, would not go deep enough to dispose of
The market for money was easier this week, partly
the subject of currency reform; but they would make
because of a lighter demand, due to inactive specula¬
desirable progress towards it.
tion and continued liquidation in the stock market,
and in part by more liberal offerings of time funds
The absence of any derangement in the London
which had been withheld in expectation of the main¬
discount market this week attendant upon the re¬
The dull speculation in stocks
tenance of firm rates.
newal of exports of gold thence to New York, and the
contributed to a small inquiry for call money from
prospects at the moment of exports in greater commission houses whose clients were observers of,
volume, is a noteworthy circumstance. The decline
rather than participants in, market movements. The
in rates for exchange last week to points which
engagements of gold in London had a sentimental
permitted or made profitable imports of gold re¬ influence, for they seemed to promise some direct relief
sulted from drawings of bills against the nego¬
to the market if they were to continue as the result of.
tiation of railroad notes that had been placed in
further negotiations abroad of collateral notes; more¬
London.
This fall in exchange made it so prof¬
over, borrowing through such notes would, it was
itable for bankers to import gold that advantage
thought likely, tend to relieve the tensionin the timetaken of the fact, as was then noted, to bring
loan branch of the market by providing foreign capital
.out the metal.
Furthermore, as the movement
to meet extraordinary requirements.
excited no apprehensions at the British capital—as
Money on call, representing bankers’ balances,
shown by the, unchanged discounts and the
loaned at the Stock Exchnage during the week at
maintenance of the normal price of 77 shillings 93^

bankers’ conventions

of last year was an

more

was

was

was




296

THE CHRONICLE.

6% and at 2%, averaging about 2%%; banks and
trust companies loaned at 2%% as the minimum.
On
Monday loans were at 334% and at 2% %, with the
bulk of the business at 3%.
On Tuesday transactions
were at 3% and at 2% with the majority at 234%.
On Wednesday loans were at 3% and at 234% with
the bulk of the business at 2%%.
On Thursday
transactions were at 3% and at 2%% with the majority
at 23/2%; the higher rate was recorded in the last hour
and it was probably due to belated borrowing and also
to expectations of an unfavorable bank statement.
On Friday loans were at 6% and at 2%% with the
bulk of the business at 3%.
Time loans on good
mixed Stock Exchange collateral were 4%% for
sixty and 5% for ninety days and 5%@5%% for four
to six months. One feature was the liberal supply of
money on industrial collateral at 534% for ah periods
from three to six months.
Commercial paper is still
quoted at 5%(a*6%% for sixty to ninety day endorsed
bills receivable; 5%@634 for prime and 634 for good
four to six months’ single names.
The Bank of

England rate of discount remains un¬
changed at 5%. The cable reports discounts of sixty
to ninety day bank bills in London 454%.
The
open market rate at Paris is 3% and at Berlin and
Frankfort it is 434 @454%- According to our special
cable from London the Bank of England gained
£1,224,645 bullion during the week and held £35,474,141 at the close of the week.
Our correspondent fur¬
ther advises us that the gain was due to large imports
from Egypt and heavy purchases in the open market,
the export movement being very moderate, and re¬
ceipts from the interior of Great Britain*unimportant.

affected.

[WOL. LXXX1V.

The

in exchange at New York
to preclude the possibility
of further importations. Moreover, bankers express
the opinion that there is too much risk in the opera¬
tion, in view of the possibility of an advance in the
market price of the metal and of the interposition of
other obstacles to the movement. Furthermore, at¬
tempts to procure gold in London for shipment
hither, when efforts are being made to encourage
foreign investments in corporation notes and in
American securities, would seem to be impolitic.
Nominal quotations for sterling exchange are 4 8134
@4 82 for sixty day and 4 8534@4 86 for sight. On
Saturday of last week the market was easy and, com¬
pared with the previous day, long advanced 5 points
to 4 8070@4 8080, short fell 5 points to 4 8445@4 8455
and cables 15 points to 4 8510@4 8525.
On Monday
the tone was strong; long declined 15 points to 4 8060@
4 8065, short advanced 25 points to 4 S475@4 8480
and cables 35 points to 4 8545@4 8550.
On Tuesday
the market was heavy until the afternoon, when there
was a partial recovery and rates at the close were 20
points lower for long at 4 8040@4 8045, 20 points
for short at 4 8455@4 8460 and 15 points for cables
at 4 8530@4 8535.
On Wednesday there was a rally,
with long 10 points higher at 4 8050@4 S055 and cables
5 points lower at 4 8525@4 8530; short was un¬
changed. On Thursday the tone was strong and long
advanced 20 points to 4 8070@4 8080, short 10 points
to 4 8465@4 8475 and cables 15 points to 4 S535@
4 S545.
The market was steady on Friday with long
5 points lower and short and cables unchanged. •
The following shows daily posted rates for sterling
exchange by some of the leading drawers.
on

recovery

London this week

seems

The details of the movement into and out of the Bank
Fri.,

follows:

Imports, £1,338,000 (of which
£603,000 from Egypt and £735,000 bought in open
market); exports, £140,000 (wholly to South Amer¬
ica), and receipts of £27,000 net from the interior of
were

as

Great Britain.

Feb.

1 CO days 4 82
.1 Sight.. 4 86
] CO days 4 82
Sight.. 4 80
f CO days 4 82 V.1
Sight.. 4 80 4

Brown
Brothers & Co

Baring
&Co
Bank British
North America
Bank of
Montreal
Canadian Bank
of Commerce

The

foreign exchange market was irregular though
generally strong this week. There was an easy tone
on Saturday of last week as the result of speculative
selling, and this movement was observable at the open¬
ing on Monday. Then a demand for exchange to
remit by Tuesday’s steamer caused a sharp recovery,
and as there were only moderate offerings of bills and
no evidence of those against new negotiations of cor¬
poration notes, the tone grew stronger and it so con¬
tinued thereafter, with re-buying of over-sold exchange
contributing to the advance. There was a small sup¬
ply of commodity bills with those against cotton
largest in amount. The easier market for money was
an important factor, as also was an inquiry for
long
sterling for investment.
Expectations last week of purchases of gold in Lon¬
don on Monday for shipment hither were realized and
a consignment of
the metal from South Africa which
was offered in the bullion
market on that day was
apportioned in about equal amounts between • the
Bank, the India Council and representatives of Ameri¬
can bankers, the latter securing SI,000,000.
There
did not appear to be any competition for the gold, for
there was no advance in the price, and it would seem
that the engagement was not regarded with any con¬
cern, for the open market discount rate jwas not




-

j CO days 4 82 4
.1 Sight.. 4 80 4
/CO days 4 82 4
.1 Sight.. 4 80 H
] CO days 4 82
4 Sight.. 4 80
I CO days 4 82
.) Sight.. 4 80
J CO days 4 824
-\Sight.. 4 80,1-2

Ileidelbach, Ickelheimer it Co
Lazard
F re res

Merchants’ Bank
of Canada

The market closed

I

j

.1 Ion., ! Tues.,
Thurs..
Fri.,
Wed.,
0. Fib.
5. Fib.
1. Fib. 4. Fib.
7. Feb.
8.

81,4
854
814
854

814
854
81 4
854

814
854
814
854

814
854
814
854

814
854
814
854

82
80
82
80

82

82
SB
82

82

82

82

82
80
82
80
82

80

80

SO

814
854
81F2
854

814

814

85 4

854

814
85 Hz
82
80

82
S6

80
82
80

.

80
82
SC

80
82
80

82,
80

814
85 4

814
854
81 4
854

814
854
814
854

82
SO

82
SB

82
SB

Friday at 4 8065@4 8075 for
long, 4 8465@4 8475 for short and 4 8535@4 S545 for
cables.
Commercial on banks 4 8025@4 8035 and
documents for payment 4 79% @4 80%.
Cotton for
payment 4 79% @4 79%, cotton for acceptance 4 8025
@4 8035 and grain for payment 4 80% @4 80%.
on

The
to

following gives the week’s movement of money
and from the interior by the New York banks.

Week ending

Received by
Shipped bit
A’. Y. Banks. V. Y. Banks.

February S 1907.

Currency
-

Total gold

-

and legal tenders

■

SI.009.000

(34 7.000
$0,103,000

S7,812.000|loss

SI.709.000

—

•

With

■

Movement.

SC .405.000 Loss
1 .347.000; Loss

-

Cold

Aret Interior

Sub-Treasury operations the result is

700.000

as

fol¬

lows.
*’r*
Week ending February S 1907>
Banks’ interior movem’t

as

above..

Sub-Treasury operations
Total gold and legal tenders

Into
Banks.

•

•

’

'

Out of
Banks.

•

•

Net Change
Bank

S7.812.000 Loss

in 1

Holdings.}

SC, 103.000
26.300.000

27,435.000 Loss

$1,709,000
1.135.000

$32,403,000

$35,247,000 Loss

$2,844,000

H

The
in the

following table indicates the amount of bullion
principal European banks.
/ E3 *

,

Feb. 9

THE

1997.]

Gold.

Silver.

Total.

£

£

£

Gold.

Silver.

Total.

£

£

£

33,575,356
33,575,356
113,926,676 42,325,717 156,252.393
35,937,750 11,979.250 47,917,000
3.629.000 107,239,000
103,610,000
45,338,000 12,484,000 57.822,000
15,052,000 23.212,000 38,264,000
3.776,900 31,953,900
28.177,000
6.105,300 12,712.300
6,607,000
5,253,000
1,751,000
3.502.000
3.792,000
3,792,000

35,474,141
35,474,141
105.865.621 39,433,898 145,299,519
France
31,623,750 10,541,250 42,165,000
Germany
4,735.000 122,786.001
118,051,000
Russia
58,443,000
Aus. Hun. 46,395.000 12,048,000
15,413.000 24,472.000 39.SS5.000
Spa*n
4,737,300 36,979.300
32,242,000
Italy
5,760.100 11,301,200
5,541.100
NethTds
4,928,000
1,642,667
3,285,333
Nat.Belg
4,055,000
4,055,000
Sweden

England..

—

.

.

_

—

being were almost completely withheld, buyers
fearing a relapse, which never really came. No such
lull occurred in 1906, and the tone remained firm,
time

February 8 1906.

February 7 1907.
Bank of.

even

week 397,945,945:103,370,215
.week 397,683,7161103,646,880

501,316.160,389,517,782
501,330,590 388,662.441

buoyant, from

The

nearest

beginning to end.'

approach to anything savoring of

let-up in the unrestrained buoyancy which prevailed
occurred in June, when the dissolution of the Southern
Furnace Association was announced and a block of

a

..

*-'1

297

CHRONICLE.

105,263,167 494,780,949
104,892,254 493,554,695

Birmingham pig iron was offered at a cut of SI
per ton in price.
But this affair had relation only
to the foundry grades of iron—iron used in steel¬
THE COUNTRY’S PIG IRON PRODUCTION
making being unaffected—and an upward rebound
IN 1906.
quickly ensued, so the incident proved little more than
The official statistics of iron production in the
a
passing event. Dividing the last two years into
United States for the calendar year 1906, as furnished
six months periods, each six months shows an in¬
by Mr. Jas. M. Swank, bear out the general estimates crease in the make of iron over the six months
of the magnitude of the year’s output.
The year was preceding. The last half of 1904, when things
one of marvelous activity and buoyancy in the irori^
were rather
quiet in the trade, the product had
and steel trades and the figures reflect that fact.
been 8,323,595 tons.
From this there was an increase
Perhaps the best way to indicate the extent of the out¬ to
11,163,175 tons in the first half of 1905; in the
put and the great advance made is to say that in the second half a further increase to 11,829,205 tons; in
twelve months of 1906 the country produced 25,the first half of 1906 an increase to 12,582,250 tons;
307,191 tons of pig metal, that this compares with and in the last half still another increase to 12,724,941
22,992,3S0 tons in 1905 and but 16,497,033 tons in tons.
1904.
Thus the make in 1906 was over 50%
The further additions latterly, it will be seen,
larger than it had been only two years before, in 1904. have been small, but that is simply because pre¬
It is true that 1904 had shown some falling off from
viously the output of the existing furnaces had
the maximum of previous years, but it was by no means
been brought nearly to its maximum, while the
a period of very small production.
building of additional furnaces is a slow matter.

Tot.

Prev

1

i

!

noteworthy feature connected with the iron
and steel business in 1906 is that it was a year of
sustained activity from beginning to end. At no time
was there any setback or indication of any.
Pro¬
duction was maintained at high figures throughout.
A very

We do not mean

that there were no

variations in the

output from month to month. Local conditions
always play more or less part in affecting the output
and each furnace has special-circumstances of its own
to contend against, serving temporarily to reduce its
make of the metal.
Weather and temperature are

important factors at certain seasons, besides
which furnaces are often obliged to blow out for

also

No. 2

Swank reports the whole number of
in blast on Dec. 31 1906 at 340, against

Mr.

furnaces

323 on
June 30 1906 and 313 on Dec. 31 1905.
Actually,
there were 374 furnaces in blast in the,second half of
1906, compared with 361 in the first half. In 1905 the
number in blast during the last half was 349 and in
the first half 334.
Mr. Swank states that the aggre¬
gate of active furnaces at the end of 1906 was larger
than at the close of any year since 1889, when 344
furnaces were in blast.
He reports 89 idle furnaces
at the close of 1906, but these were presumably mostly
plants of obsolete types, unfitted to cope with iron¬
making under modern conditions. A more important
fact bearing on future growth in production is that
Mr. Swank states that on Dec. 31 1906 there were 27
furnaces in course of erection and 5 furnaces were being

monthly output as
have been due to one
demand for iron—and
for that matter for all the products of iron and steel—
rebuilt. In addition, there were 23 furnaces projected
was never interrupted and every furnace and mill
and 1 furnace partly erected on Dec. 31. The demand
devoted all its energies to meeting such demand, and
for iron all through 1906 was so urgent that the pro¬
never quite succeeded in the effort.
duction would have materially exceeded even the
In the spring it did seem as if prospective suspension
extraordinary output recorded had it been at all
of coal mining over large areas of the United States
possible for the furnace plants to turn out more of the
might interfere with the obtaining of the necessary metal.
supplies of fuel by the makers of iron and perhaps
HALF-YEARLY PERIODS.
IRON
PRODUCTION
\
throw the whole trade into disorder. But fortunately
8,808.574
4,976.23611902—1st half
1896—1st half
9.012.733
this possibility was averted through the compromise
9.707,367
4,103.476
half
8,301,885
5.249,204
half
8.173.438
agreement reached between the mine operators and
hair
1.5.869,703
half
8,323,595
5,904.231
11,163,175
miners, under which mining was continued at a very 1899—1st half
6,289,167 ! 1905—1st half
11,829,205
7,331.536
12,582,250
i 1906—1st half
large percentage of the coal collieries on the basis of 1900—1st half
12,724,941
half
6.146.673!
7,674.613 i
a return to the wage scale of 1903..
In several of the
halfi.
8,203,741!
coal-producing States mining was actually suspended
With home production and home supplies inade¬
in considerable part for several weeks, but the fact
that the remaining mines continued at work prevented quate to meet home needs, consumers the latter part
of the year turned to the foreign markets for a part of
any fuel scarcity.
It is quite remarkable that the their needs. The Government trade statistics show
tone of the ir(*n and steel trade never showed any un¬
that 379,828 tons of pig iron were imported in the
favorable turn. In 1905, which was also an extremely
twelve months of 1906, against only 212,465 tons in
prosperous year, there was at least a lull in the spring,
1905 and but 79,500 tons in 1904.
But the movement
namely in April and May. In that year the tone in
limited
the
crude
was
to
material. Importations ot
those months was distinctly weak, and orders for the

repairs.

Such fluctuations in the

occurred during 1906 seem to
The
or more of these causes.




OF PIG

IN

Gross Tons.

Gross Tons

2d half
1897—1st
2d
1898—1st
2d half
2d

2d hair
1 1903—1st hair

2d half
! 1904—1st
2d half
2d

half

2d half
1901—1st
2d half

2d

■

half

-

298

THE CHRONICLE.

[VOL. LXXXIV.

iron and steel in other forms did not increase

materially. of the kind has actually occurred. The South is in¬
Taking all classes of iron and steel where quantities creasing its product from year to year in common
are reported by weight, the imports in 1906 (includ¬ with the rest of the
country, but at no unusual rate.
In
1906 every State from which figures are furnished
ing the pig metal) were 584,410 tons, against 416,454
tons in 1905 and 266,398 tons in 1904.
On the other made an increase over 1905 with a single exception,
hand, our exports of iron and steel, after a slight con¬ and that exception was a Southern State, namely
traction in 1905, decidedly increased again in 1906, Virginia.
The output of the whole South in 1906 was
notwithstanding the exigencies of the demand in the 3,467,216 tons, against 3,219,673 tons in 1905, 2,home market.
Moreover, in this case the movement 743,313 tons in 1904 and 3,237,079 in 1903. In the
is made up mostly of iron and steel in their higher three years, therefore,
the South added only 230,137
forms.
We exported only 95,059 tons of pig and tons to its output, though the
production of the whole
scrap iron in 1906, as against 57,187 tons in 1905, country in the same three years rose from 18,009,252
but of iron and steel in all their different forms (includ¬ tons to 25,307,191 tons.
In 1900 the South’s con¬
ing the pig and scrap iron just mentioned) we exported tribution was 2,604,671 tons. The increase to 3,467,no less than 1,183,468 tons, against 1,010,384 tons in
216 tons in 1906 reflects substantial growth.
In the
1905.
Of this, 328,036 tons consisted of steel rails, same six years, however,
Pennsylvania increased its
192,616 tons of billets, 174,014 tons of wire, 112,555 product from 6,365,935 tons to 11,247,869 tons; Ohio
tons of structural steel, 56,024 tons of bar iron, 46,237 from 2,470,911 tons to
5,327,133 tons; Illinois from
tons of wire nails, &c.—from which an idea-can be 1,363,383 tons to
2,156,866 tons, and even New York
formed of the excellent character of our export trade has run up its production from 292,827 tons to 1,552,in iron and steel.
The figures given deal only with 659 tons.
The South contributed 18.89% of the coun¬
the articles and commodities where weights are re¬ try’s production in 1900 but
only 13.70% in 1906.
ported. Including tools, machinery, typewriters, &c., In the following we show the production by States for
where weights are omitted, the value of the exports each of the last six years. '
PRODUCTION OF PIG IRON BY STATES.
of iron and steel in 1906 reached $172,555,588, against
Tons of
1906.
1905.
1904.
$142,930,513 in 1905 and $128,553,613 in 1904. On 2240
1903.
1902.
1901.
190f.
lbs.
the other hand, the value of our imports of iron and
So. Slat. 1
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Ala
1,674,848 1,604,062 1,453.513 1,561,398 1,472,211 1,225.212 1.184.337
steel, reckoned in the same way, were only $34,827,132, Virginia!
483,525
510,210
310,526
544,034
537.216
448,(562!
490,617
426.874
372,692
302,096
418,368'
392.778
337,139
362,190
against $26,401,283 in 1905 and $21,621,970 in 1904. Tcnn
W. Va-i
304.534
270,945
298,179
183.005
199,013
166,597
166,758
98,127
63,735
37,106
102,441
110,725
68,4621
71,562
In the following we compare the imports and exports Kent’ky
Georgia f
75,602
32,315
27.333
28.984
]
70,156!
No.Car.f
92,599
38,699 /
by weights for each of the last six years, showing how Texas..;,
5,530
11,653:
3,095
2,273
10,150
Maryl’d
386,709
332,096
293.441
32-1,570:
303,229
303,186
290,073
j.
from an excess of imports in 1902 and 1903 there has
TotalJ 3,467,216 3.219,673 2,743,313 3.237.079! 3,034,574 2,578,864 2,604,671
been a change to an excess of exports in 1904, 1905
Penn’a ill,247.869 10,579.127 7,644,321 8.211,500 8,117,800 7,343,257 6,365.935
i

i

and 1906.

Ohio...; 5,327,133
N.York 1 1.552.659

IMPORTS AND EXPORTS OF ALL KINDS OF IRON AND STEEL.
190G.

Imports
Exports

..tons.

Excess of exports
Excess of Imports

There is

1905.
416.454

584.410
1.183.468 1.010.384
599.058

593.930

1904.

1903.
1902.
1901.
260.398 1.178.797 1,206,813 221.292
1.167.709
326.590
375.078 700.S57

901.311
831.735

longer any information regarding the
stocks of iron on hand, the American Iron and Steel
Association having in 1905 abandoned the collecting
of statistics regarding unsold stocks.
This makes it
impossible to arrive at reliable figures of the actual
consumption of iron. Presumably stocks of iron are
now down to ver}r small amounts.
However, there is
nothing tangible available in the shape of facts. In the
following table, which, as originally conc.eived, was
intended to furnish a clue to the consumption, we now
disregard the stocks, but limit ourselves to the im¬
ports and exports.
Tons of 2,240 lbs.

PRODUCTION. STOCKS, IMPORTS. ETC.

1906.

1905.

1904.

1903.

1902.

1901.

Stock of pig Jan. I
(7)
446.442
598,489
49,951
73.647
446.020
Produc’u dur. yr. 25,307,191 22,992,380 16,497.033 18,009,252 17,821,307 15.S78.354
Total supply.. 25.307.191 23.438.S22 17.095,522 18.059.203 17.894,954 16.324.374
Stock end of year
0446,442
(?)
446,442
598,489
49.951
73,647
Cons’n home pig. 25,307,101

Imports of pig
Total

Exports of pig

379.828

a No

23,155.624] 16.679,555 18,039.909 IS,436,870 16,232.446

data

same as at

In

22.992,380 16,649,080 17,460,714 17.S45.003 16,250.727
212,465
79.500
599,574
619.354
62,930

25.687.019 23.204,845 16.728.580 18,060,288 18.464.357 10,313.657
83.317
49,221
49,025
20.379
27,487
S1 <211

Domestic cons’n. 25.003.702

as to stocks wore furnished at this time; we have taken the amount
the
the end of previous year.

study of the year’s results, it is always interest¬
ing to see the distribution of the make of iron among
the different States and geographical divisions. Chief
attention in recent years has centred in the progress
which the South records.
Not so very long ago pre¬
dictions were very confident that the South would soon
surpass the other sections of the country.
Nothing




a

2,034,483
288,704
351,415
407,774
15,987

Gr .Tot. 25,307,191 22,992.380

no

PIG IRON

379,390
Illinois
2,156.866
Mich’n
369,456
Wisc’n a
373,323
Mo.b ..'
413,040
All oth's
20,239

479.565

852,207

4,586,110
1,198,068
311,039

N.Jers’y

a

2,977,029 3,287,434 3,631.388
605,709:
401.369
552,917
211.667
262,294
191.380
1.655.991 1,692,375 1,730,220
233,225
244,709
155,213
210,404
273,987
283,516
151.776
270,289
269,930
12,071
15,440
17,766,

283,662

.

155,746
1,596,850
170,762
207,551

203,409
11,828

2,470.911
292,827
170,262
1,363,383
163,712
1S4.794
159.204
13,543

16,497,033! 18.009,252 17.821,307 15,878,354 13,789,242

Including Colorado and State of Washington,

The

3,326,425

b Including Minnesota.

of

prices during 1906 was upward, not
merely in the case of iron but in all classes of iron and
steel products. Supplies were inadequate to meet
the demand and there was a genuine basis for higher
prices in the enhanced cost of labor and the other
factors entering into production. The price of steel
rails at the mills in Pennsylvania was
kept unchanged
throughout at $28 per ton, which was the more note¬
worthy as the price of steel billets, out of which the
rails are made, advanced from $26 25 in January to
$29 50 in December.
A slight shading of
prices oc¬
curred in April or May, but the tone even then re¬
mained good, as already indicated.
No. 1 foundry
pig iron at Philadelphia was $26 50 in December,
against $19 in January, and basic pig iron at the same
point was $23 25, against $17 91. In the following
we show the yearly
averages of prices of certain staple
course

articles from 1S99 to 1906, inclusive.
It will be noted
that the averages for 1906, even after the advance

established, remain in most

below the level

cases

at¬

tained in 1902.
AVERAGE YEARLY

PRICES

OF

1906.

IRON

1905.

ANI)

1904.

STEEL,

1899 TO

1903.

1902.

1901.

12 S9 17 52

19 49

14 20

1906.

1900.

J899.
Articles—
$$$$$$§§
Old iron Trails at Phila
ton.23 05 22 08 16 22 21 17 23 83 19 32 19 51 20 36
No. 1 nnth. fdy. pig at Phila. " 20 98 17 89 G5 57 19 92 22 19 15 87 19 98
19 36
Gray forge pig iron at Phila. “ 17 79 15 58 13 67 17 13 19 20 14 08 16 49 16 60

Gray forge pig Iron, Lake ore,
at Pittsburgh
Bessemer pig iron at Pittsb’g

“

Steel rails at mills in Penn..

"

Steel billets at mills at Pittsb.

“

Best refined
store at

bar

Iron

“

19 85 15 62

16 90 16 72
49 19 03
28 00 28 00 2S 00 28 00 28 00 27 33 32 29 28 12
27 43 24 03 22 IS 27 91 30 57 24 13 25 06 31 12

19 54 16 36 13 76 18 98 20 67 15 93 19

from

Philadelphia.. 100 lbs. 1 9S

1 92

1 72

2 00

2 13

1 84

1 96

2 07

Feb. 9

THE

1907.]

THE TRUST COMPANIES IN NEW
ELSEWHERE.
In continuation of a

YORK AND

000,000 in 1906 has occurred in face of the fact that the
conditions which in the main brought about the shrink¬

in 1905 continued in full operation in 1906. These
conditions were two in number, namely that the life
insurance companies, which had been keeping enor¬
mous amounts of cash with the trust companies or at
least with certain of them, had heavily reduced their
deposits; and, secondly, that, owing to the high inter¬
est rates which money has been commanding, many
individual depositors withdrew their money from the
trust companies, where they had been getting a low
rate of interest, and invested the same elsewhere at

age

practice begun by us five years

thirteen pages to-day (see pages
presentation of comparative returns
of the trust companies of this city (Manhattan and
Brooklyn boroughs) and also those in Boston, Phila¬
delphia and St. Louis. We give the figures for all
the separate companies in the cities referred to. These
institutions have assumed such importance in the
financial world and their operations are of such magni¬
tude that an exhibit of this kind must necessarily pos¬

ago, we devote
307 to 319) to a

sess

299

CHRONICLE.

wide interest.

these in¬
insurance

remunerative figures.
During 1906
fluences lost none of their potency.
The life
more

of Manhattan and companies did not raise their deposits to the old fig¬
Brooklyn, the returns selected for comparison are those ures, and as far as' the money market is concerned,
for the last three annual dates.
Semi-annual returns rates advanced still higher, increasing the inducement
are no longer required.
Under the law passed by the for taking money out of the trust companies and em¬
New York Legislature in 1905 the companies in this ploying it in other directions. The following, furnishing
State now make returns at the call of the State Super¬ comparisons of the deposits back to 1898, will show*
intendent of Banking just like the State banks, the how extraordinary has been the development of these
In the

of the companies

case

being left entirely at the option of the Superin¬
tendent. The latter has, however, wisely kept up

dates

Jan. 1 in the
same form as previously, so that comparisons on a
uniform basis may be maintained with the earlier
years.
For Boston, Philadelphia and St. Louis, the
figures are entirely our own, having been obtained by
us in each case directly from the trust companies them¬
the

practice of calling for statements on

The dates in these last instances are for Dec.
31 and June 30, except in those cases where the man¬

selves.

institutions in this State.
AGGREGATE

OF THE NEW YORK
COMPANIES.
$1 084,.‘176,517 July 1 1902

DEPOSITS

Jan. 1 1907
Jan. 1 1906
Jan. 1 1905.

1

1,055,128,422
1 ,127,627,100

1

978,405,817

July 1 1904
1904

Jan. 1

1
1
1
1

792 ,931,724
638 ,121,771
523 ,541,570
467 .184,258
,328,725

383

823,797,857|

Jan. 1 1903

we measure

the position

TRUST

$887 ,001,689

1902
1901
1900
1899

914,769,871 | Jan. 1 1898

July 1 1903

If

807,162,571

Jan.
Jan.
Jan.
Jan.

STATE

of the companies by the

instead of by their deposits,
that the whole of the 1905 loss

aggregate of their resources
it is correct to say

recovered in 1906, giving for

was

Jan. 1

a

higher

aggregate even than the previously unexcelled total
agements have found it inconvenient or were unwilling of Jan. 1 1905. The reason why the comparison is
to make up statements for those dates and have fur¬ more favorable on that basis is that the institutions
nished instead figures compiled a few weeks earlier.
are all the time adding to their surplus and profits,
It is not our purpose here to deal with the returns of
leaving them additional money at command in that
the separate companies, but with the grand totals.
During the
way as an offset to the loss in deposits.
We shall begin with the trust companies of New York last
year, for instance, surplus and profits were in¬
and we shall take the aggregates for the entire State, creased from $159,487,990 to $174,318,268. Aggre¬
rather than for New York alone, because in that way
a

get still more comprehensive figures,
New York. City companies contribute the

we

whole amount

though the
bulk of the

in connection with the

State is that they show that the
business of these companies has again resumed its
onward march.
By that we mean that after the de¬
cided shrinkage in deposits which occurred in 1905
a good part of the loss has been recovered in 1906.
As has been many times pointed out in these columns,
the trust companies in recent years have been making
tremendous strides, their growth and development
having been almost phenomenal. If occasionally a
semi-annual return should show a temporary shrink¬
age, the next return would be sure to record improve¬
ment again at an accelerating pace.
But the loss in
1905 was of a different character and was really of
large extent, proportioned, as it were, to the magnitude
of the previous expansion.
That this loss also is being
recovered—has, in fact, in large part already been re¬
covered—is therefore an important circumstance. It

aggregates for this

these institutions have by no means
reached the limit of their growth even in the imme¬
demonstrates that

Stated in brief, aggregate deposits
Jan. 1 1905 were SI ,127,627,100, from which there was
a drop during 1905 of over S72,000,000 to $1,055,128,Now for Jan. 1 1907 the total has
422'on Jan. 1 1906.
got back to SI,084,376,517. The recovery of $29,-

diate




present.

245,430 against
the

.

The feature of most interest

therefore, for Jan. 1 1907 are $1,365,$1,312,799,130 Jan. 1 1906 and
$1,364,018,157 for Jan. 1 1905, as will be seen from
gate resources,

following.

AGGREGATE RESOURCES OF

THE TRUST COMPANIES OF NEW

YORK

Jan. 1
Jan. 1
Jan. 1

1907
1906
1905

July 1 1904
Jan.

1

1904

July 1 1903
Jan.

1

1903

STATE.

'.$1,365,245,430 i July

1 1902
1,312,799,1301 Jan. 1 1902
1 „T64,018,157 | Jan. 1 1901

1,208,450,9301 Jan. 1 1900

1,042,413,409 j Jan. 1 1899...
1 ,146,370,7551 Jan. 1 1898

1.039,956,6251

$1,078,212,685
969,393.644
797,983.513

672,190.672
579,205,442
483,739,926

in the New York returns
the increase in the holdings of cash by the

Another feature of interest
is of

course

companies in their own vaults. Under the law passed
last year the holding of a certain cash reserve is made
obligatory and the maximum figures of the require¬
ment, that is 5% by the institutions in this city
and 3% by those outside, became operative Jan. 1
1907.
Accordingly, we find that now their specie
holdings amount to $43,861,609 against only $20,733,on Jan. 1 1906 and they also have $11,675,393

816

legal tenders and bank notes against only $4,083,239.
Altogether, therefore, they held of cash $55,537,002
Jan. 1 1907 against only $24,817,055 Jan. 1 1906.
Notwithstanding this large addition to the money on
hand the trust companies on Jan. 1 1907 did not hold
such a large amount of available cash as they did on
either Jan. 1 1905 or July 1 1904.
By available cash
we refer to the deposits of money with the banks com¬
bined with the cash in their own vaults. The aggre¬
gate of the two for Jan. 1 1907 was $199,832,255 as

of

CASH ON HAND AND ON DEPOSIT
COMPANIES.

Jan. 1 1904

July 1 1903

81,366,288
71,734,621
55,034,451

138,659,8891

Jan. 1 1903

Boston.
Dec. 31 1900
June 30 1901
Dec. 31 1901
June 30 1902
Dec. 31 1902
June 30 1903
Dec. 31 1903
June 30 1904
Dec. 31 1904
June 30 1905
Dec. 31 1905
June 30 1906
Dec. 31 1906

$128,978,387
121,045,797
105,702.416

262,247,1781 Jan. 1 1900
152,286,3831 Jail. 1 1899
147.097.316i Jan. 1 1898

July 1 1904.

Capital.

BY NEW YORK STATE

$199,832,255 | July 1 1902___
149,787,5951 Jan. 1 1902
213,367 ,788 | Jan. 1 1901

Jan. 1 1907
Jan. 1 1906
Jan. 1 1905

such deposits

With

reference

to

the

various

classes of

in¬

by the trust companies, there are
no new features of importance.
The so-called stock
investments, the loans on collateral and the other
items are all maintained at or near the maximum, so
vestments held

simply

annex

the usual comparative summaries as

the twelve months increased about 4

STOCK INVESTMENTS

390,223,8701 Jan. 1
295,663,1641 Jan.
276,924,9121 Jan.
225,386,955 Jan.
230,698,3861 Jail.
219 378,9461

1903

LOANS ON

OF TRUST COMPANIES.

$309,751 ,163 (July 1 1902

Jan. 1 1907
Jan. 1 1906
Jan. 1 1905
July 1 1994
Jan. 1 1904

July 1 1903

1902

1 1901
1 1999
1 1899
1 1898

$657,286,751 July 1 1902
656,945,362 Jan. 1 1902

Jan. 1 1907
Jan. 1 1906
Jan. 1 1905

681.449,715

500,106,646

July 1 1904
Jan. 1 1904

510,928,626

July 1 1903

626,694,833

190, 822,966
196 ,852,582
168 .195,642
136 .561,066
113 ,525,798

Jan.
Jan.
Jan.
Jan.

1
1
1
1

1901
1990
1899
1898

Capital.

Profits.

153,589,173
172,053,316

175,058.022
181,397,833
177,014,067

191,885,062

strength.
Aggregate

Deposits.

$
$
n>
Philadelphia.
2 8,39 9,9 6. > 27,826,941 136,496,312
31 1900 (40 cos.)
151
,299,734
30 1901 (41 cos.). ..30,015,117 29,686,846
31 1901 (41 cos,). _.31.927,006 33.8S5.857 149.137,380
.32 ,633 ,230 35.305,566 1 63.174 ,4 63
30 1902 (41 cos.).
31 1902 (41 cos.). _.33,142,233 37,514,329 153,1 51 ,355
30 1903 (43 cos.). ..34.145,485 38,196,901 171 ,390,409
.34 ,320 ,337 39 .654 ,877 161,231 .152
31 1903 (43 cos.)
.34.284,900 40 .084,158 175,360.062
30 1904 (42 cos.).
.34 ,800,980 42 ,344.733 202.855,986
Dec. 31 1904 (43 cos.).
..34,703,740
45,196,101 215.11)7 .898
June 30 1905 (42 cos.).
Dec. 31 1905 (44 cos.). -.35,312,303 4 5,594.298 209 .21 3.0 07
June 30 1906 (47 cos.). __36,149,987 48,740.679 2 15.524.448
Dec. 31 1906 (52 cos.). ..30,931,963 49,590,018 193,283,134

Dec.
June
Dec.
June
Dec.
June
Dec.
June

YORK

$603,436,621
540,208,706
387,911-.415
328,143,588
283.402.822
230,581,708

_

,

_.

_

.

_

_

_

MORTGAGES.
Jan. 1 1907
$85,931,170 | July 1 1902.
$49,325,064
In St. Louis there are three new companies,
Jan. 1 1906
89,217.919 | Jan. 1 1902
45,483,010
Jan. 1 1905
64,549,929 Jan. 1 1901
40.730,576
July 1 1904
61,224.759 Jail. I 1900
38,143,145 the Jefferson-Gravois, the Vandeventer
Jan. 1 1904
59.534.079 Jan. 1 1899
34,855,023
None of these, however, are
July 1 1903
55,370,4261 Jan. 1 1898
32,624,995 St. Louis.
Jan. 1 1903
52.385,360!
LOANS ON PERSONAL SECURITY BY NEW YORK COMPANIESpanies, the
Jan. 1 1907
$84,220,554 July 1 1902
$48,523,1 29 j
capital.
Jail. 1 1906
75,407.431 Jan. 1 1902
... 41.907,300
Jan. 1 1905
72,346,979 Jan. 1 1901
39.840,066
to
July 1 1904
71,611,198 Jail. 1 1900
_
31.101,271 j previous year
Jan. 1 1904
56.710,963 Jan. 1 1899
29.930,376 I
442.
In
1906
the
movement
wTas
again
53,060,425 Jan. 1 1898
31,183,292 \
July 1 1903
42,233,1601
Jan. 1 1903
total rising to
TRUST COMPANIES AT OTHER POINTS.
HOLDINGS OF BONDS AND

i

143,144,417
146.493.75S

143,010.521

Surplus it

554,961.229

Jan. 1 1903

Li'

144,297.981

million dollars,

showing continued prosperity and increasing

$218, 806,131

COLLATERALS BY TRUST COMPANIES IN' NEW
STATE.

I <*'

125,655,973
129,286,580

compare with $215,524,948 June 30 and $209,213,067
Dec. 31 1905.
Surplus and profits, however, during

follows.

Jan. 1

$
108,196,703

brought with it an increase in aggregate
capital. But deposits and aggregate resources have
nevertheless been reduced. The falling off occurred
entirely in the last six months, and may have been
due in a measure to distrust created by the unfortu¬
nate developments connected with the Real Estate
Trust Co. of that city and the suicide of its President,
Frank K. Hippie.
Deposits now at $193,283,134,,

market.

i

89,461,044
(16 cos.)
8,450,000 11,257,704 105,948,269
(16 cos.)
9,000,000 12,294,798 107,991,782
(17 cos.) ....10,100,000 14,141,093 120,056,888
(18 cos.)
11,100,000 15,779,627 116,264,790
(19 cos.)
11,600,000 17,174,430 117,719,328
(19 cos.)
12,100,000 18,629,264 112,281,257
12,000,000 19,331,879 122,257,294
(18 COS.)
12,500,000 19,702,108 139.851,208
(19 cos.)
(18 cos.)
12,000,000 20,447,777 142,551,783
(19 COS.)
12,500,000 20,841,502 148,033,197
(16 cos.)
10,600,000 20.711,148 145,681.509
(16 cos.)
11,100,000 22,551,499 158,213,825

and this has

they get a low rate of return, while, as we have already
has been commanding high figures in the

>: t.

$

$
$
8,450,000 10,285,659

(16 cos.)

Resources.

Deposits.

At Philadelphia 8 new companies have been or¬
companies
subject to call in ganized during the year, increasing the number to 52,

seen, money

I1!;,!

Profits.

perhaps natural that the trust

is

should keep very much less money
the banks than they formerly did, as on

we

Aggregate

Surplus &

against $149,787,595 Jan. 1 1906 but as against
$213,367,788 Jan. 1 1905 and $262,247,178 July 1
1904, as will be seen by the following.

It

[VOL. LXXXIV,

THE CHRONICLE.

300

Resources.
$

196.498.61S
214,735,897
218,600,249
234 ,802,050
227 .480.1 1 7
24 7,367,495
238 .81 7.566
253.897.2 20
283.503,299
299.103.437
293.1 77 .935
80 3,208,912

280,232,000

namely,
and the West
large com¬

whole three combined having only $250,000
Deposits of the St. Louis institutions the
$71,681,had fallen from 878,706,702
upward, the
$74,512,082.

previous reviews, no such eomprehensive comparisons as those just made are possible in
the case of the trust companies outside of this State.
Our summaries for the other centres covered by our
tables (namely, Philadelphia, Boston and St. Louis)
are such as we have been able to prepare ourselves and
necessarily are limited to a few leading items. Nor
are the returns in these instances cast on uniform lines,
nearly every company having its own distinct method
of classification, making general footings out of the
question except as regards those-few common things
treated alike by all and which have a definite established meaning, such as capital, surplus and profits,
and deposits.
At Boston the number of companies has again been
reduced and yet there has been further growth in the
As noted in

T

business. Three companies have
disappeared from the list, reducing the number in

aggregate of their

The City Trust Co. absorbed the
Mercantile Trust, the Old Colony absorbed the Adams
Trust and the Beacon Trust took over the Washing¬
ton Trust Co.
Owing to these mergers, outstanding
existence to 16.

;

1

capital has been reduced, but it is noteworthy that the
surplus and profits is larger than ever, being
$22,551,499 at Dec. 31 1906, against $20,841,502 Dec.
31 1905.
Deposits are $158,213,S25, against $14S,033,197 -the year before and aggregate resources
$191,885,062, against $181,397,833. In the following
we show the Boston summaries back to Dec. 31 1900.
item of




Surplus 9c.

;

Capital.

j

St.
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.
June
Dec.

;

i
|

:
j
j

|
j

|
j

|

Louis.
31 1901
30 1902
31 1902
30 1903
31 1903
30 1904
31 1904
30 1905
31 1905
30 1906
31 1906

$

(6 cos.)
(9 cos.)
(9 cos.)
(9 cos.)
(8 COS.)
(6 cos.)
(5 cos.)
(6 cos.)
(6 cos.)
(7 cos.)
(9 cos.)

13,425,600
19.928.250
20 ,485.300
20.500.000
10.000,000
17,000,000
16.000,000

Profits.
$

Depostls.
$

Aggregate
Re sources.
$

09,829 .307
08.028.319
55,481.552
62,910,106 103.167.449
69.991*934 1 17.487.1 90
.62,563,1 17 107,454.100
60 .020.34 0 101 .980,359
7 S. 706.702 117,214,632
75.487.066 1 15,038,208
71 ,681.142 1 11 .268.041
71.10 1.009 1 i 1 .327,084
74.512.S82 115 189,586

14,471,934 £41,333.274
22,775.81 7
24 .022 .2 13
26.108.162
24,915.483
23.423.779
22,507,930
22,927.042
23.365.600
23.271,97 1

16,100,000
16,100.000
16.200,000
16,350,000 23,584.914

RAILROAD GROSS EARNINGS FOR THE
CALENDAR YEAR 1906.

1906 adds another to the long series of
years recording large and continuous gains in railroadearnings. And, as it happens, the latest year in the
magnitude of its further increase surpasses all its
predecessors, furnishing a fitting climax to the series.
The amount of the improvement in gross revenues
would itself be sure to attract attention; but, added
to the noteworthy "gains of previous years, it furnishes
further testimony to the marvelous industrial expan¬
sion experienced in this country during the last decade,
to which the railroads themselves have so largely con¬
tributed and in which they have been the most import¬
ant single agency.
Our tables just as they stand show an increase for
the twelve months of $224,062,452. The totals are
of huge proportions, the, aggregate for 1906 being
$2,131,306,699 and for 1905 $1,907,244,247. And
yet this does not cover absolutely the whole railroad
The year

i

*

Feb. 9

301

THE CHRONICLE.

1997.J

system of the country. The mileage represented,
embracing all the roads in the country from which we
have been able to procure returns, is 1S6,6S7 miles.

of

a time when
taxed to the utmost.

freight at

were

the facilities of the railroada

A few illustrations may

be

given

here to show in

how many different ways, as a result of the prosper¬
ous conditions ruling, the traffic of the railroads was

probably about 210,000 to 215,000 miles
operation during the twelve months, this
The shipments of coal and coke originating
leaves 25,000 to 30,000 miles unrepresented in our added to.
tables. The earnings for much of this mi cage it will on the lines of the Pennsylvania Railroad east of Pitts¬
not be possible to get at all for the calendar year, and burgh and Erie were 49,4261)18 tons in 1906, against
the returns for the rest will not be available for some 46,329,562 tons in 1905 and only 40,245,935 tons in
time to come.
We should judge that if we could get 1904. The shipments of iron ore fey water from the
results to cover the whole railroad system of the coun¬ Lake Superior region were.37,513,589 tons for 1906,
as against 33,476,9.04 tons in 1905 and only 21,226,604
try the increase for the twelve months would be in
All this tonnage had first, to be moved
the neighborhood of $240,000,000, of which $135,000,- tons for 1904.
000 was made in the first six months and $105,000 ,000 from the mines to the upper lake regions and after¬
wards, on its arrival at the lower lake ports, had to be
in the last six months.
Many other
Let the reader ponder well what such an addition— transported to the iron-making plants.
almost a quarter of a thousand million dollars—means. indications might be furnished of how the railroads
Let him recall further that in 1005 we put the increase were prospered through the sustained activity of the
for the full mileage at $180,000,000 and that in the country’s industries.
And yet conditions were -net all favorable.
The
same way we estimated the increase for 1904 at $10,000,000. Furthermore, that previously we computed suspension of coal-mining during the spring months
the gain for 1903 at $210,000,000, for 1902 at $105,- was an adverse feature, though the suspension was
000,000, for 1901 at $155,000,000, for 1900 at $120,- only partial. In the anthracite regions the mines
000,000, for 1899 at $140,000,000, for 1S9S at $90,- were idle during the whole of April and for the first
The anthracite carriers
000,000 and for 1897 at $75,000,000. It will be seen ten or twelve days of Ma\
The loss sustained
that we have here an aggregate improvement for the as a consequence suffered severely.
ten years from 189(3 to 1906 in the prodigious sum of at that time was neyer subsequently recovered, as will
$1,325,000,000. In other words, aggregate gross be evident when we say that the shipments of anthra¬
earnings of United States railroads for 1906 were $1,- cite to market aggregated only 55,698,595 tons in
325,000,000 larger than they had been in 1896, the 1906, against 61,410,201 tons in 1905. -In the bitum¬
inous regions suspension of mining was not general.
year of trade prostration and of the silver campaign.
In the following we furnish a summary of the yearly Nevertheless, in Pennsylvania and in most of the Mid¬
dle Western and Southwestern States there was much
gain just as registered in our tables, and comprising,
not the entire railroad mileage of the country, but only idleness, and though eventually all the miners returned
the roads from which we found it possible to get re¬ to work on the same terms as those who remained at
turns.
The increases even in this way are of enormous work from the beginning, namely the acceptance of
the wage scale of 1903, yet in several of the States it
extent, being, as already stated, $224,062,452 for
1906 and following $152,039,634 gain in 1905, $11,- took quite a long time to bring the men to their senses.
It deserves also to be mentioned that, though the
137,487 gain in 1904, $1S2,099,849 in 1903, &c., &c.
yield of the crops in both '.1905 and 1906 was large,
-1/
Gross Earnings.
this brought comparatively little benefit to most of
1
I—
—
Increase ( + )
Year
j Year
Year InYear
or
the Western roads. The grain movement was de¬
$
s
%
8
'
Roads Mtl.es. Miles.
cidedly irregular both as between the different cereals
.394
S77
.303.035
+
2.318
879.022,029
147.710!
I4S.910
and the different primary markets.
1890
A good idea of
5.92
919 .970.190 + 51.490
15-1.030 153,1331 1.17' 974.460,753
IS!)7
+ 77,047 .719 7.97
.247.319
0.90
1,050.895,038
157
.SOI
150,295|
1898
the general situation in that regard, however, will be
101.310
150.95^ 153.535! 2.23 1,12,8.928.910 1 .027 012.030
189!) 7.
100.915
1.2115.924.951 l .110 .009,184
157,401 152.122
1900
10.57
143.017
gained when we say that at the- Western primary mar¬
157 172,87!/] 170.549! 1.30 1.495,915,-100 1 .352 897.005
1001
1.005 + 92,884
1,542,725,832 1 .4 19
117 170,395 107,041:
1902
849
kets as a whole the grain deliveries for the 52 weeks
182.099
578.987
+
.573
1,755.07,8,830
1
142 172,788 109,203;
0.03
201.391
+ 11.137
135 179.0(58 170,492 1.79 1.773,338.878 i
1904
84.5(58 + 152,039
of 1906 were only 686,319.773 bushels, as against
12.S ISO .398 178,204; 1.19 1.907.424,202 l
1905
+ 224.002 452 11.74
134 ISO.087 182.011 2.23 2,131,200,099 l 907 244,247
190(5
690,ISO,164 bushels in 1905. As the grain deliveries
Note.—Neither the earnings of the Mexican roads nor the mining operations of
at the Western points the first six months had been
the anthracite coal roads are included In this table.
It is within the knowledge of everyone that as far 283,933,868 bushels, as against only 245,120/288 bush¬
els in 1905, the figure's given make it plain that during
as business and trade conditions are concerned every¬
the last half of the year there must have been a decided
thing was favorable to large earnings during 1906.
Through the whole range of industries the situation shrinkage in the Western grain receipts. That these
receipts did fail off is beyond dispute. The reason
was one of great activity and of almost unalloyed
for the falling off in face of the good crops raised is
prosperity. In the„ iron and steel industries, upon
which so much depends, the tone was positively buoy¬ alleged to have been the inability of the railroads to
ant.
There were other favoring circumstances. The furnish an adequate supply of cars to move the grain
The latter part of the year a fuel scarcity
harvests proved abundant and they succeeded boun¬ offering.
teous harvests the previous year.
Then there was developed along the lines of the Great Northern Ry.
and some other roads in that section, and this tended
an almost complete absence of the rigors of winter,
still further to handicap the railroads in supplying the
January and February having been noted for the
Cdal was rushed through on pasmildest weather experienced in those months for a necessary cars.
very long while.
This was undoubtedly a circum¬ senger-train schedules, tying up equipment in that
The
stance of great benefit to the roads, first, in avoiding way and intensifying the freight congestion.
the expense incident to the removal of snow, and, sec¬ following table furnishes the details of the grain re
ondly, in permitting a free and unrestricted movement ceipts at the Western markets in our usual form.

As there

were

of road in

.

!

Ur age.

Jan.
to
Dec. 31.

—

,

or

Year.

.

190
192
J 90
ICS
171

..

..

--

503

973

"

..

--

--




+
+
+

3.47

1.04
2.12

..

0.20

0.81

--

..

1903

o

,

84

702
7 Oi) 3

SSO
7U7
SOI
82

i

4>7
(bi-i

9 8(5
9.0 1

0.10
11.57

8.00

WESTERN FLOUR AND
Flour

Jan. 1 to

(bbls.)

| ul>ec. 29.
Chicago—

1906
9.021.330
1905
7.941.546
MiUvaukec—

<87. Louis—
1906
2,386.707
1905---- 2.529.560
Toledo—
GOO
J906
19.95
Detroit—
256,380
19«»6
294,950
1905
Ch r. land—
1906
80.849
1905
50.883
Peoria—
1906.... 1.178.550
1005
955,750
Duluth—
1 >06
4.798.090
1005-..- 4,128,900
...

_

...

...

—

Oats.

Corn

(bush.)

(bush.)

Rye.
(bush.)

Barley.
(bush.)

(brush.)

89.786,199 20,703,008 2.190,875
92,486.637 27.872,052 2.392,449

7,800.386
7,323,400

5,886.250
8,068,550

10,335,750 17,991,600 1,224,500
956,980
3,589,300 16,553,351

17,272.257
20.671,316

29,907,945
17,020,060

4,669,450
4,602,760

7,058,200
8,339,850

2,178,833
1.915.6S4

6,013,623
6,248,397

1,904,0G2
1,030,660

6-. 875.958

1,192,250

<r

*

27.582,770

2,808,300

542,555

18,906.840

2.940,183

764,647

8,814,560

4,140
9,450

232,140
421,600

10.801.800

MONTHLY GROSS EARNINGS.

3.811,129

_

.

3.509.710

286,035

9.353,199

7.706,822
9.478,080

15,083,300
14,404,000

18,279,300
10.979,600

3.018,500
2,342,300

371,900
272.509

January

3,321.841

30,893,035

163.124
262,416

9,721,375
9.800,605

582,133
505,297

April
May

81.016,770
90,437,515

3,881,990
4,287,54L

36,506,000

14,728,400
18,521,800

.

951,400

41,870,865

9.634.401

Minneapolis
1.906....
1905
Kansas City
1906...
1905

magnitude, and some of the separate roads at that
time, for reasons peculiar to themselves, recorded
losses.
A summary of the monthly increases is fur¬
nished in the table we now present. It will be noticed
that the gains in January and February, on account
mainly of the favorable meteorological conditions,
were of unusual magnitude:

GRAIN RECEIPTS.

Wheat.

28.138,457 98.501,399
26,888,015 110.820.084

2.962.465
2,430,620

| *1996
141905

37,854,700

23.102,980 10,8S9,11S 1,613,524
24.8351230 14,060,080 1,766,853

..

February
March

-----

June

July
August

—

—

October
November
December b

Total of All1906--:.:20,684,971 222.549,330 188.100,189 203.490.551 65,422,076 6,757.627
1905
18,332.209 222,568,485 192,325,897 L91.466,398 73,679,049 7.140.335

much better in the matter of the
events the

fared

to have

grain traffic.

At all

receipts at the seaboard for the 52 weeks

as against 252,936.169
bushels in 1905, as will be seen by the following table.
It remains true, however, even in this case, that in

aggregated 289,148,931 bushels7

the latter half there was

a

falling off, for during the

period from Jan. 1 to June 30 there had been an in¬
crease of 55,000,000 bushels in these seaboard receipts,
the total for the first six months of 1906 having been
153,043,583 bushels, against 98,670,328 bushels.
AND FLOUR

GRAIN

RECEIPTS AT SEABOARD FOR 52
1904

17.SSS.922

11,353.049

16.928 200

21,992,591

22.092.931

Wheat..-bush 107.716.156

41,956,480

103,500,129

135.4S4.491

96,472,906
77.231,982

51.669,007
112,906,317
72.S56.536

58,447,508

99,712,989

28,528,835

53,090,153

6,158,005
1,569,882

14.038.S83
1.465,360

47,639.939
8,686 654

train..289.148,931

252.936,169

bbls.

S
152,980,485
142,656,542
159,258,890
136,685,537
15^,183,742
146,010,301

$
126,555,852
112,895,257
143,978,440
128,005,775
138,557,872
130,233,293
148,013,505
159,835,022
171,553,520
179,405,367
175.724,985
79,327,117

168,336,461
179.191,945
184,551,471
198,733,329

186,696,274

83,796,332

Oats

.

Barley

JKyu

-

Total

.

182.172

4.890,810
4.011,149

52.002,571
4.106,448
5.728,877

157,912 779

265.205.230

225.Soi.222

1

The Western live-stock movement was also




ment

as

separate roads, the improvement
striking and noteworthy
In fact, the
of the roads as a whole.

in the

case

and

array of increases disclosed is of imposing extent
character.
In the following we have brought together

changes for the twelve months for amounts in
of $250,000, whether increases or decreases.
There is really but one decrease, that of the Buffalo
Rochester & Pittsburgh, and in that instance the
falling off follows directly as a result of the strike of

all the
excess

the bituminous coal miners.
PRINCIPAL

CHANGES

IN

GROSS

EARNINGS FOR

Pennsylvania (2 roads)_ bt22,797,700
13,938,642
Southern Pacllic
13,040.419
Canadian Pacific
1 1,390,874
Atch Top A Santa Fe
Northern Pacific
9,331,801
8,797,172
^Baltimore A Ohio
7,342.078
Chic A North Western.
Gt Northern syst (2 rds)
6,987,767
..

Union Pacllic
Rock Island
Louisville & Nashville._
N Y Cent A Hud Rlv..

Chicago Alllw A St Paul
Southern Railway.
St Louis A San Fran

Increases.

Chesapeake A Ohio....
Michigan Central
Wabash
Atlantic Coast Line
Mo Kansas A Texas
Texas A Pacific
Canadian Northern....
Duluth Mlssabe A Nor.
Denver A Rio Grande.
Clev Cine Chic A St L__
Minn St Paul ASS M._
Colorado Southern
Pitts A Lake Erie
Mobile A Ohio
Yazoo A Miss Valley—
Kansas City Southern..
Nash Chatt A St Louis.
Phila Ralto A Wash
_

yield, however, was prolific, and the last three
months part of the previous loss was made good.
For the full twelve months the receipts at the Southern
ports were 8,597,130 bales against 9.024,470 bales in
1905, while the shipments overland were 1,406,558
bales against 1,437,094 bales

season’s

6,882,044
6,562,142
6

232,409

—

bales.
Galveston
port Arthur. Ac
New Orleans
Mobile
Pensacola. Ac
Savannah
Brunswick
Charleston
Georgetown
Wilmington
Norfolk

MewportNews, Ac—

Xame of

1901.

1

Total

S.597,139 9.024.470 7,762.499 7.56S.933 7.3S3.602 7 .310,860

3,335,657
3,192,110
2,991 ,717
2,888,1952,706.226
2,690,327
2.667.421
2.319.700
2,269,348
2,169,899
2,077,152
2,032,735
1 ,865,336
1,643,758
1,494,521
1,481,654
1,444,390
1,354,529
1.265,000

months of the year,
But during the later

speaking of the roads collectively.
months they were of much smaller

580,890

553,900

552,275

547,877
541,629
503,014
463,817
n463,537

Duluth A Iron Range..
Det Toledo A Ronton...
Ala Great Southern
Wisconsin Central
Gulf A Ship Island

Hocking Valley

400,782
383.9-38

Wbeeline- A Lake Erie..
Atlanta BIrm A Atl
Ga South A Florida...
Colorado Midland

376,352
330,635
323,399
313,865

Georgia RR

313,667

BulTalo A Susquehanna
304,649
295,169
Louisiana A Arkansas._
Kanawha A Michigan288,882

262,758

Iowa Central

Total (82 roads)

...

$221 ,157,812
Decreases.

$1,100,097

BufT Rochester A Pitts.

LAST TWO CALENDAR

j-

Road.

,

Alabama Great South.
Ala N O A Texas Pac—
New Orl A Nor EastAlabama A Vicks...
Vicks Shreve A Pac.i
Atcli Top A Santa Fe.. i
Atlanta Birm A Atlan’c
Atlantic Coast Line.-.;
Baltimore A Ohio
!
Bangor A Aroostook..
Bellefonte Central
Bessemer A Lake Erie.1
Bost Rev Bell A Lynn.;

Bridgeton A Saco Riv_Buffalo Roch A Pitts..
Buffalo A Susquehanna
California A Northwest
Canadian Northern
Canadian Pacific
1
Central of Georgia
....

gains in earnings continued through all the

635,567
616,963
603,073

3,569,236 Toledo A Ohio Central.
3,494,722 Lehigh Valiev

1905.

J906.
3,942,648

i

3,224,190

YEARS.
Mileage.

Central of New Jersey .
Chattanooga Southern.

Chesapeake A Ohio—1
Chesterfield A Lanc.-.

+ 463,817!

2,722.620

+ 501.570,
+ 203.863!
+ 280,331

1.292.S58
1,248,977
73.629,187
1,031.934
23.243,051
71,755,673
2,259,785

57.06S

60,633

6,010,765

5.407.692!
667.145

790,203
043,957

046.660!

7,467.336
1.63S.650

1,588,959'

8,567.433
1,334.001;
1,639.616

67.752,255;

54,711.836!

11,643,275
24.83S.721
150,723
25.322,229'
43.275

Inc. (+) or
Dec. (—)

3.47S.831

1,496,721
1,529,308
85.020.061
1.362,569
25,949,277
SO,552.845
2,876.748

...

The

937,560
890,446
793,479

5,319,913 Bessemer A Lake Erie..
4,006,750 j Central of New Jersey.'.
3,943,567 West Jersey A Sea Shore

GROSS EARNINGS

1 TO

3,189 AOS 2,852,563 2,346,966 2,370,723 2,105,75612 ,216,551
70,366
126,255!
155,739
158,359
151,159
280,511
2,103,161 2,079,250 2,185.266 2,186,457 2,320,3S8|2 ,273,363
233.172
181,904; 127,105
291,885
246,496
255,533
175,649; 223,935
159,617
148.284
178.360
175,859
1.507.892 1.776.841 1.435.S03 1,272.393 1,231,770 1 ,213.427
128,858! 171,189
140,449
171,431
185.220
159,546
171,810
249.S79, 264,231
198,197
150.600
188,016
402!
2,533
850
980!
1,073
1,509
265,193
339,376
293.921
289,557' 351.247
310,715
585.024'
502.984
4S3.069: 464.972
855.589
555.235
40,21517,995
33.7S4
20,822
20,640
22.136

985,764

5,994,167
5,669,837 N Y Chic A St Louis...
5,533,583 Phila A Reading
5,387,001 Bangor A Aroostook.

s
,

1,013,842

11 months only: December not yet reported.
onlv lines directly operated east and west of Pitts¬
burgh and Erie.
The results for the Eastern lines show an Increase of
$14,317,900 and for the Western lines an Increase of $8,479,800. r

Full Year.

1902.

1,070,406
1,034,851
1,027,814

These figures cover
t) These figures cover

Ports

1903.

1,100,700

1,094,130

a

Jan. 1 to Dec. 31.

1904,

1,112,194

Long Island
Cine New Oil A Tex Pac
St Louis A Southwest..
Chic St Paul Minn A O.
Chicago Great Western.
Ala NO A Tex Pac (3 rds)
Western Maryland
Chicago A Alton

Gross Earnings.

1905.

o$l,167,867
1,151,622

Seaboard Air Line
lnternat’1 A Gt North...
! Central of Georgia
! Northern Central

..

Illinois Central
Mo Pae Syst (2 rds)
Lake Shore A Mich So..
Gr Trunk Syst (4 rds)..
Norfolk A Western-.
Erie

yield in 1905, which affected the cotton move¬
The new
for the first nine months of 1906.

1906.

MONTHS.

12

Increases.

decidedly

RECEIPTS OF COTTON AT SOUTHERN PORTo FROM JANUARY
DECEMBER 31 IN 1906. 1905, 1904 1O03. 1902 AND 1901.

10.61
6.78
9.83
12.11
13.73
12.11
7.58
10.77
6.24
5-64

for the twelve months is as

irregular. At the six leading markets, namely Chi¬
cago, Kansas City, Omaha, St. Louis, St. Joseph and
-Sioux City, S,S17,524 head of rattle were brought in
in 1906 against 8,690,802 head m 1905, and 10,056,550
head of sheep against 9,708,107. but the arrivals of
hogs were only 18,354,696 againT 19,042,841.
Southern roads sustained a decided falling off in
.their cotton traffic.
This was because of the shortage
-of the

20.8S
26.36

partial as yet.

..

Coin

%

s
+ 26,424,633
+ 29.761,285
+ 15.280,450
+ 8,679,762
+ 13,625,870
+ 15.777.008
+ 20,322,896
+ 19,350,923
+ 12,997,951
+ 19,327,962
+ 10,971,289
+ 4,469,215

of the

case

1902.

1905.

Flour

In the

WEEKS..

1903.

1906.

Receipts of—

1905.

0111

.

b Returns for December only

--

seem

Roads
117 1
118
114 I
Ill
124 113
117
118
122
119
123

Months.

September

4.549,200
5.244,800

The trunk lines to the seaboard

Increase ( + ) or
Decrease (—).

1906.

101,028

—

.

-

[VOL. LXXXIV.

THE CHRONICLE

302

4,466,300'
10.531.081

24,257,831;

118.529;
22,130,119:
35.196;

+

11.390,874;
+ 330,635-

+ 2,706,226'
+ 8,797.172
+ 616.963
—3.565:
+ 603,073
+ 123,058
—2,703

—1.100.097
+ 304,049'
—50.6571
+ 2,319.700
+ 13.040.419!
+ 1,112,194,
+ 580,890
+32,194
+ 3.192.110
+ 8,079'

1906.

1905.

309!

309

19611

196
143
189

143,
189

9.260!
380
4,333
4,030

9,147

482,
27;
244
13
21
568

42S
27
249
13

243!
205

2,433;
9,055!
1,890 j
648,
105

1,827!
22

324

4,333
4,026

21

56 S
243
205

1.876
S.568
1.S78
G4S
105

1.708
oo

Feb. 9

Road.

jan\ 1 to Dec. 31,

Chicago* Northwest
Chicago Peo & St Louis
Chic St Paul M & O--Chicago Term Transfer
Cincinnati Northernern
Gin NO* Texas Pac. Clev Cin Chic & St L-.
Peoria & Eastern
Colorado Midland

1,690,338
13,417,880
1,713,827
1,027.727
8,741.821
24,594.915
3,059,280
2,332.168

Colo & Southern—inci
Ft Worth & Den City
Col Newberry A Laur.

$

11,146,048
8,004.100
5.833,724
2,115,044
52,309.61 7
59,087,802
1,661,473
12,390,066
1,620,963
847,231
7,671.415
22,517,763
2,960,725
2,018,303

-4.176,845
8.142.S13
10,076,299
tf310.110

3,161,050
2,663,756
51,167,847

6,912
7,410

255

255

1,712

1,697

102
248
338

102
248
338

+ 2,077.152
+ 98,555
+ 313,865

1.983

1,983

350
336

350
336

1,865,336

1,663

1,646

75
82
13
26

75
82
13
26

+ 2,169,899
+ 196,006
+ 503,014
+ 541,629
+ 2,269,348
+ 126,231
+ 222,372
+ 246.275

2.532

2,470
332

+3,335,657

2,151

12,814

33
713
307
395

+ISO,496
+ 1,070,406

Lehigh Val.c.

33,591.852

+

+ 36,599
+ 74,056

+ 45,634
+ 61,660

31,006
697,743

—

333

Central

+ 6,752,607
+ 235,160
+ 400,782

6,039

5,974
250

Manistique

Maryland A Penn
Michigan Central
Mineral Range

Minneapolis A St Louis
Minneap St P & S S M.
Missouri Kan A Texas.
Mo Pac & Iron Mt.._.
Central Branch

42.544.37S 38,600.811'
Mich Cent. 26.275.5S6 23.283.869
NYC&IIR <z92,0S9,766 86,00' Too:
LSh&MS

307
395

Mobile & Ohio
Nashv Chatt A St L
Nevada Cal & Oregon.
Nevada Central
New London Northern
N Y Cent & Hud Riv..
N Y Chic & St Louis..
N Y Ontario A West..
N Y Susq & Western..
Norfolk & Western
Northern Central
Northern Pacific
Pacific Coast

Pennsylvania RR Lines
Directly operated.
East of Pitts A Erie.
West of Pitta * Erie.
Phila Balt & Wash
Philadelphia & Read..
Pittsburgh & Lake Erie
Raleigh & Southport..
Rich Fred’b’g & Pot..
Rio Grande Southern..
Rock Island System

43.775

1,074,417
80,095,599
9,108,729
7.455,200
2,852,893
26,191,843
10.645.84S
56.710,143
o5.907.742

133,921,990
72,013,535
14.753,949
40,147,371
12,837,736

14S.239.890
80.493,335
16,018,949

40,782,938
14,481.494
071,201
01,691,842

a50,074

al,545,969
516,560

586,989
54.184,350

47,622,208
2,562,089
al,305,84S

2,799,207
al .425,202

Rutland
St Jos & Grand Island.
St Louis * San Fran—
InclChic & East Ill..
St Louis Southwestern.

4,371
1.159

4,459
1,159

553
177
827
886

558
177
827
886

'

218

4,298
105
129
78
84
1,745
140
799
2,152
3,072

.

Shore.

Maryland....

44.755.072
9,736,797
014,201.305
1,556,566
113.586,845
55,353,297
220.523
899,665
1,034,642
14,797.809
4,362.500
1,252,076
4,211,648
.

770.277

39.36S.071
8.701.946
a13,033,438

1,371,022
99.64S.203
49,819,714
215,759
745.842
871,185
12.130.38S
3,810.225
1,281,205
3,982.144
691,830

S

92
392
187
4,117
105
129
78
84

5,949

Buff Rocli A Pitts 7,467,336
Chic.Ind & Louis. 5,896.069
Hocking Valley..' 6,522.027
Illinois Central-. '4,277.181
Lake Erie A West 5,212.810
Toledo & O Cent. 4,362,500
Toledo Peo & W. 1,252.076
4,211.648
Toledo St L& W
Wheel & Lake E. 5.54.8,408

1,745
140
799

1,226

141
94
123

144

EARNINGS OF

3,774
523
548

94
123
3.774
523
548

239

239

1,876
462
5,781
137

1,848
462

i

Wheeling & Lake Erie.
Wisconsin Central
Wrightsv & Tonnille..
Yazoo & Miss Valley..

ClnM&St P
Ch A N W

137

3,698
2,841

3,682
2,812

706

706

1,000

1,000

191
94

191

83

63
180

CStPMAO
Dul SSAA
Gt No Sys
Iowa Cent

Miun&StL
Minn St P

7,801
468
312

7,205

6,008

6,022

1.451
2,611
197
9,341

1,441
2,611
197
9,106

7,551

7,200

13

13

11

312

1.826

1.826

441

248
451
88

441
248
451
88

+ 6.882,044
+ 167,480
+ 2,888.195

5.602

5,414

134

134

2,517

+ 553.900

332

+ 937,5601
+ 376.352

536

2,517
332
477

+ 463,537
+ 16.610

977 i
76

0178.790
7,931.323

+

1.481,654 !

Total
a

1903.
.

j

g
d

&

6,193,552
6,519.156
6.203.100
1.197,220

1

National RR of Mexico

for

12,755,720

1,790.584

11 months

only;

figures for

+740.17:;

1,434.917
+ 79 1,200
+ 4S.121
+ 2,034.864

+

736
911.
321
263
1.730

0,13+089

!

1904.

;

!

PACIFIC GROUP.

$

■

1

S

$

54,711,836 48,714,665 46,348.956 40.120.40C
7.477.256
8,234,800
7,733,139
8,004.100
52,309.617 48.743,057 4S.688.423 46,404,839
<(52,026,708
59,087.802 <(53,705.091 <(54,396,248
11.907,525
12,390.066 il.4S0.169 12,055.268
2,741,049
2.728,745
2,498.576
2,938.678
47,717.681 41.334.649 41.910,161 40.205.622
2,518.200
2,371.664
2,484,860
2.7SS.309
3,576,941
2,971,896
2,832.958
3.51S.909

1905.

1906.

$

$

CNO&TP
Louis & N
Mobile* O
N C & St L
Norf & W.

December not having

as

Total

22,130,119
7,671.415
39,624,356

8.539.680
10,192,404
26,191,843
55.353,297 49,819,714
7,931.322
9,412.977

1906.

Year.

;

S

ASF c35,020,061
12,510,18s
20,339,152
7,709,176
23,159.324
46,523,489

ColAS Syb
Den A RG
Int A Gt N
Mu K A T.
M PAC Br.
StLASF.a
St L AS W
South Pac
Texas A P
Union Pac

reported.

Total...

ft These figures arc an

45.916.020
11.196,401
2.548.967
33,855,265
2.396,779
3,472.744

206,681,890^237,057.560

last year.

1904

1904.

-1903.

1902.

1901.

$

$

S

8

.

166,602,93S!1 147,170,379!1 133.784.879

211.510,711 186,110.766 173,129,193
EARNINGS OF

yet

S
34,407.709
7.138,771
44,362.007

2,354.802
2,971,086' 2,576,458
3,215.804
9,418,882! 8,362,275 7,3233294
9,957,994
15,894,222
20,106.363 18,771.370; 15.634,526
5,335,104
0.676.930; 5.811.797
7,058,524
29,336,817
37.629,928 36.814.4141 33.029,025
7.785.856; 6,976,170 6,173,406
8,055,803
8.688,021 7.681.882
10.378,507 10.005,967
16,624,516
23,229.099 22,505.339' 18,918.713
47,028.224 44,113,9381 40,177,481 36,708.527
6,352,309
7,539.150! 0,995.90*
8,408,947

3,478,831
10,531,081

3.942,648
11.643,275
25,322.229
8,741,821
45,856,765
10.034,201
11.546,933
29.686,565

South Ry.
Yaz AM V

1.730

1901.

trans-Missouri lines for the whole twelve months of 1906, 1905 and
Feb. 16 to Dec. 31 in 1903 and 1902. but in no portion of preceding years.
EARNINGS OF SOUTHERN GROUP.

Ala GtSo.
Cent of Ga
Ches & Q-

8S4
321
263

j1

I ’ 1902.

1903.

$

Includes

Year.

736

S

7.690,052; 7,709,490; 0.678.59-:H 6.255.734

reduced in July 1904 from 929 to 818.
proprietary lines in all the years.
December 1906 not yet reported; token same as

AtT

Is)—

1901.

|

Mileage

and from

1.210

|

$

.'

.

-

$

b Includes

1.907.244,247 + 224,062,452 180,687! 182,011

7.954,073
7,087.300
1.245,341

Mexican International.
Mexican Railway
Mexican Southern

SOUTHWESTERN GROUP.

1905.

1904.

;

1903.

.3

!

s

1902.

%
c 73,029 .1ST

10.644,352
18,219.255
0.557,554

20.450,997

42,516.739
44,755,072 39,368.071
.8,701.046
9.736,797
113,586,845 99,043,205
14.797,809 12,130.58V
70,490.706 63,008.662

66.974,014'
3.405.680;
16,+10.471
.* .870.130
19,04.-..575
43.69:',616
37.442.607
S 557.655
'.12,641,800
12 13. .147
50.82! .210

1

66.467.610 59.955.S89
s,: 10,512.
8,871.368
17.012,239 '7,19s ,soo;
5,2 1> ,9! 1
5.887,164
17,579.230 1 ii,7‘i'.,,s'e
43,095,763'. 37,)*• *,037
31.661.112 29.694.07 b
7,2 > 1,910
7.479.950
92,098.584 8,5,7 -)•>,/ S'/
1;
,280,00!
12,051.M3
<54,049,SI 3 4+610.01;,

448.67S.619395,484+52 30- .063.91)5 359,288,392'

19-H.
.8

s

58,404,462
7,308.935
16,843,622
5,148,095
16,863.00'S
80.00 1,094
26.M9.no

7,800,007
S_.!24,034
1 i .7'

0.912

4^.634 + 96

327,619.57s:314.412,123

approximation.

for 10 months only.

!

complete our analysis, we annex the following j
six-year comparison of the earnings of leading
arranged in groups:
To




I

•

2,131.306.699
^Totl (134 roads).
Net inclcase (11.74%)
ru-«
Mexican Roads (not in.eluded in tota
6,942.725
Interoceanie of Mexico

These lieu res are

|

366.298,838 318.017.762 283,853,553 283,052,720

498
977
76

1.239

1904.

GROUP.

1902.

5,600.429
6,825.377
7.276.517
7,598,376
10,209,593
38,734.461
56,710.143 48,897.631 47.973,128 45,201.578
1.430.952
1,268.903
1,413.706
1,282,040
1,458,353
g 1,577.707
5.631.055
6,407.486
6.683.20S
6,548,342
6.772,675
gl ,230,212

SUAGrlsl
Wise Cent.

468

408

Valley UR. and

12,242,32S
66,041,944

& S S M
Nor Pac.6

64

+2,667,421
+ 552,275
—29,129
+ 229,501

5,172,056
aG,214,495

<

67.752,255
9.017.942
57,979,454
06,429,880
13,417,880
3,161,050
54,705,448
3,051,067
3,685,671

Can Pac..
Ch Gt VV.a

11
277

4,242,935

1

S
8.567.4 33:

1905.

j

$

5,706

180

AND MIDDLE WESTERN

—

277

23,579,261
4,675.558

26,467,456
5,229.458
5,180,495;
5,548,408
06,678.032
0195,409!
9.412,977

1

60,071.409
18,976,570!
2.614.702,
41,659.237'
31,045,4!)?!
30.449.292j 29.272.673
19.045,0831 18.490.274
7t.944.960t 69,733.475

NORTHWESTERN AND NORTH

1906.

Year.

+ 163,457

+78.447

35,524.998'

$

1901.
*$
55,133.869
18,608,545
2,000,036
41.090,909
28,954,059

5,883.724! 5,382.509 ' 5.340.252! 4.764,07(4 4.404,250
5,803.354! 6,2S2.77Si 5.604.320! 4,917.663
is,957,2f>SI4S,609.356)47.161,474:42.242,9S5|39.07S.7S9
3.057.293; 4,970.992! 5,218,728! 4.704,2801 4,533,204
3,810,225, 3.7S3.00--.I 3,832,459’ 2,977,141) 2.753.896
1,281.205’ 1,341,843! 1,279.656; 1,16 4.1751 1,155,504
3,982.1441 3,697,8281 3.164,27,8; 2.855.366! 2,720.498
5.172.0561 4,289.433 4,481.047, 3,859,042 3,195.464
1
!
!
94,750,055 SS.779,437 ! 85.635.035 84,536,162)74,S49.979
'll 09.015.002

Total

1,842
3,043
5,849

1,230

860.609

60.196,543'
21,197,783!
3,073,873!
47,5S9,837!

i

1905.

1906.

Year.

3S8
926

63.608.662

70.490,706:
1,028.089

{

j

with October 1901.

926

'

§

‘

1902.

35,161.0531 34.768,0S0'
21,402,045; 22,352,201'
78.*73.20*4 79.909.414l

EARNINGS OF MIDDLE

388

+ 5,387,001
+ 1,034,851
+ 1,107.867
+ 185,544
+ 13,938.642
+ 5,533,583
+ 4,764
+ 153,823

!

RR., the Wallkill

140,470

+ 14,317,900
+ 8,479,800
+ 1,265,000
+ 635,567
+ 1,043.758
+ 21,127
+ 145,873
+ 70,429
+ 6.562,142
+ 237,118
+ 119,354

1903.

a Boston & Albany, as also the Beech Creek
the Fall Brook system included for all the years.
b Includes Canada A Atlantic, beginning

1.520
1.445

1,520
1,445
92
392

—58.143

coal-raining

the results ol

280

347
66

+31,686
+35,467
+ 5,994,167
+ 793,479
+ 78,525
—13,595
+3,494.722
+ 1.100.700
+ 9,331,801

and also the operations of

.'.MljllS.143.094,122.626,394,112.663.330|101.329.795
24.362,857| 22,561,974! 19,961,458 18.388,271
Total-.. 536.551,310 488,537.9981447.520,986 456,001,097J408.431.544j383,607,906

+ 1,494,521
+ 1,354,529
+ 24,386

—

j

1901.

14S.239.S90 133.921
26.467.456 23,579..'Oil-

■

Seaboard Air Line....
Southern Indiana
Southern Pacific
Southern Railway ....
Staten Island Railway.
Staten Island Rap Tr
Texas Central
Texas & Pacific
Toledo & Ohio Central.
Toledo Peoria * West.
Toledo St L & West...
Toronto Ham & Buff..
,
Union Pacific
Virginia A Southwest. !

These figures are

Pa—Eofl’
A Erie.
Wabash..

67

+ 2.699,327
+ 4,147,220

i

1905.

$
^
i
&
I
SO,552,845 71.755.t,73. 65.200,202
CCCAStL. 24,594,915 22,517,763! 22,141,103
Peo&E..
3,059,280
2.960,725' 3.051.198!
51,167,847 47.S32,190j 45,106.9251
Erie
GrTr Can. 64 1,559.353 &37.9!»0.U7IE;4.086.339!

45,139,013
2,578,668
1,925,833
6,138.089

Macon A Birmingham.
Manistee & Northeast.

73.581.304 82,071.359

TRUNK LINES.

Balt & O-

51,891.620
2,813.828
2,326,615

.

16.783.495

I

1S5
68
592
235
2.151
33
75

250
307
317

3

$
b

99.207.529
107.757,270j97,589.306
!

1906.

Year.

212

4.554

33,043,975
497,029
57,824.985
892,792
39,624,356
144,530
C3U l ,824
92,679
344,621
23,283,809
718,136
3,518,909
10,209,593
20,459,997
40,701.756
1,814,983
8,539,680
10.192,404
229.535

$

EARNINGS OF

4,52$

+ 175,517
+3,943,567
+ 547.877
+ 45,879
+ 1,094.130
+295,169
+ 6.232,409
+ 18.446
+ 3,923
+3,759
+9,727
+ 2,991,717
+ 29,927
+ 166,762
+2,032,735

$

included in any of the years.

operations are not

+ 3.569,236

38.600.S11

$

1901.

1902.

in the case of Central RR. of
$15,107,661
first reported, and In the case
of S23.174.514.
results for the water lines during the
investments for the whole twelve
for calendar year and include

37,990,117

48,957,268
6,557,554
2.788,309
1,945,783
7,085.092
5.037.293

1903.

a Includes income from investments tor all the years,
New York A Long Branch RR. for all the years.
b Basis for 1902 changed, making figures for 1902
New Jersey $15,999,349, instead of
as
of Lehigh Valley RR. 522.4S7.538. instead
c For the year 1901 figures are inclusive of
first six months and inclusive also of income from
months.
In 1902 and subsequent years figures are
only operations of the railroad.
d These are the earnings of the railroad oompany only;

41.559,353

797,467

1904.

684

684
225
242
68
592’
236

+383,938
+ 43,883
+ 5,319,913
+ 1,151,622
+ 262,758
+ 288,882
+ 1,444,390

109.586.534
1

2,624,357
1,775,997

6.522,027
841,350
54,277,181
7,709,176
3,051,067
2.234,665
8,529,482
5.212,810
42,544,378
33.591.852
542,90S
58,919,115
1,187,961
45,856,765
162,976
C365.747
96,438
354.351
26,275,586
748,063
3,685,671
12.-242,328
23,159,324
44.848,976
1,674,513
10,034,201
11,546,933
253,921
75.461
1.109,884
92,089,766
9,902,208
7.533,725
2.839,298
29,686,565
11.746,548
66,041,944
a5,849,599

40,782,938!

Total

1905.

24,257,831 22.120.832 22,118,626 15,999,341 27,153,364
622,487,538
33,043,975 30,429.687 30,933,635
5.864.020
7,455,200 6,845.317 6,950,456 5.057.168 2.796.495
2,124.880
2.S52.S93 2,740.793 2,957,000 27.912,369
29.473.976
40.147.371 35,446,677 36.247.812

7,533,725
2,839,298

Phila&Read.d

+ 60,942
+ 313,667
+ 323.399

_

c

7,043
7,468

+217,686*
+ 5,669,837
+ 7,342.078
+ 28,865
+ 1,027,814
+ 92,864

24,838,721

N Y Ont & W
N Y Susq &W

758,685
2,938,024
2,099,396

Hunt’g’n A Broad Top
Illinois Central
Internat A Gt Northern
Iowa Central
..
Kanawha & Michigan.
Kansas City Southern.
Lake Erie & Western.
Lake Shore & Mich So.
Lehigh Valley
Lexington A Eastern..
Long Island
.
Louisiana & Arkansas.
Louisville & Nashville.

a

970
818
591
212

Cent of N J.a

.

Gulf A Ship Island
Hocking Valley

'.men

970
818
591
340

+ 890.446
+ 1,013.842
+ 62,345

10.644.S52
261,627
0608,023
174.650
0360,692
18,219,253
1,035,459
03.673.831
7.601,184
7,806,951
183,879
2.93S.67S
2.417.481
47.832.190

18,192

Fairchild & Northeast.
Fonda Johns & Glov..
Georgia RR
Georgia South A Fla._
Grand Trunk of Can..]
Grand Tk Western.)
Det Gr Hav A Milw I
Canada Atlantic...J
Great Northern System

1906.

Year.

1905.

1906.

-

Erie

Western

or

$

s

12.510.18S
298,226
aG82,079
220,284
<1422.352
20,389,152
1,231,465

Copper Range.
Cornwall
Cornwall & Lebanon..
Denver & Rio Grande.
Detroit A Mackinac-..
Detroit Tol & Irouton.
Duluth & Iron Range.
Dili Missabe A North..
Dul Rainy L & Winn..
DulSo Shore & Atl
Elgin Joliet & Eastern.

Wabash
W Jersey A Sea

(+)

Dec. <—)

1905.

|

$
12,036,494
9.017.942
5,896,069
2,332,730
57,979,454
66,429,880

Chicago & Alton
Chicago Great Western
Chicago Ind & Louisv.
Chicago Ind & South..
Chic MIlw & St P.._-

Montana

j Inc.

i
1906.

ANTHRACITE COAL GROUP.

EARNINGS OF

Mileage.

Gross Earnings.
Name oj

303

THE CHRONICLE

1907.]

roads,

Includes Chicago & Eastern Imnui'v
and 1905 includes ail affiliated lutes except
UR., and for 1904 includes ColoradoA Southern, Fort
a

b For 1906

Trinity A Brazos Valley
Worth A: Denver City and nli

combined Colorado

affiliated lines without any exception. Previous to that we have
& Southern and Fort Worth & Denver City.
c Atchison figures for 1906 and 1905 include earnings of be
Denver
RR., Pecos Valley system and Santo Fe Prescott & Phoenix Ry

Enid A Gulf

Wi

THE CHRONICLE.

ITEJflS ABOUT BANES, BANKERS AND TRUST OO.’S.
-The

public sales of bank stocks this week aggregated
285 shares, of which 257 shares were sold at auction and 28
shares at the Stock Exchange.
The transactions in trust
company stocks reach a total of 80 shares.
A lot of 120
•

shares of stock of the Mechanics’ Bank of Brooklyn was sold
at T25—an advance of 45 points over the price paid at the
last

previous public sale, which

,S 7 o'rs.

81 A

.Tier.

1 ~o rk

Exch. Nat. Dank

.

C.Vt.-imeree, Nat. Dank of

Exchange Bank..
HANK—BrooU’jv..

20' Mechanics’

Dank

.

made in December 1905.

Hi(jh.

245 7b

_

it Corn

i

was

Jane.

'Nty Dank, National

f*')

ac28

DANES— <V•. -tc

Close.

245 Ji

245

262’5 263
1 si % 184%

263

Last previous

% Nov.
% Nov.

oo Xs.

sale.

1906— 249 Vi
1906—

2G5

Feb.

1907 —

183
308

207 A

307 Vi

307 %

Jan.

1907

325

325

325

Dec.

1905— 280

390

890

Jan.

1907— 392

735

735

Nov.

1905 —

YitTJST COMPANIES70 Lincoln Trust Co

—

York.

JO New York Trust Co

.

735

720

rcSokl at the Stock Excitant'1

-'The Committee

on Finance and
Currency, at its own re¬
quest, has been discharged by the New York Chamber of
Commerce from further consideration of the question of
devising means for the better regulation of interest rates on
call loans.
The following is the report of the committee pre¬
sented through its chairman. A. Barton Hepburn, at Thurs¬
day’s meeting of the Chamber:

Y.our Committee on Finance an<l Currency, to whom was referred at the
martins' of the Chamber in JVem.ibcr last the following resolution:
Hnolved, That it be referred to the Committee on Finance and Currency
to examine Into and report upon the practicability of
devising means through
which the interest rate beyond <>% upon call loans made at the New York
»S'oojk Exchange, can be better regulated than Is the case at present,
i
-lleg to report that the committee has had several meetings, and fully
dismissed the scope and purport of the resolution, but finding the views of
Us"members to be widely divergent a> to possible remedies, has been unable
to' i'tree upon a report, and asks to be discharged from further consideration
of the resolution.

The other members

(Von. Limy,

that time it became known that he

might not continue with
Bank, and lie was immediately
invited to become President of the Liberty National Bank.
Mr. Schenck is a man of high character and excellent execu¬
tive ability.
His career in the Mercantile National Bank
for the past twenty-six years, through different positions
up to the cashiership and presidency, should make his
services very valuable to the Liberty National. Mr. James V.
Lott, who was last month appointed Cashier of the Liberty
National Bank, was employed by the Mercantile National
Bank for many years and has a large number of friends.
While these two men have been with the Liberty National
Bank for about only four weeks, the business of that insti¬
tution, we understand, already shows a marked increase in
point of deposits. The other officers of the bank are
Daniel G. Reid, Vice-President, who, on account of his
power in the Rock Island System and his influential con¬
nections throughout the West, must be a valuable member
of the bank.
Charles W. Riecks, the Second Vice-President,
has been connected with the bank since its organization, as
has Frederick P. McGlynn, the Assistant Cashier, and both
arc well known.
The directors, in addition to President
Schenck and Vice-President Stout, are: George F. Baker,
E. F. C. Young, Arthur F. Luke, J. Rogers Maxwell, Francis
L. Hine, T. A. Gillespie, Charles A. Moore, Henry P. Davi¬
son, Charles H. Warren, Daniel G. Reid, Ambrose Monell,
E. C. Converse, Frederick G. Bourne and Henry C. Tinker.
the

Mercantile

National

—The Lincoln National Bank of New

York, Gen. Thomas
quarterly dividend of
4%, which since the increase in the institution’s capital
stock from $300,000 to $500,000 is equivalent to a 33 1-3%
increase over the former yearly rate of 20%.
The increase
in stock was effected in January by the declaration to share¬
holders of a 66 2-3% dividend bn the $300,000 capital out
of surplus and profits.
On the first of this month the
bank’s earned surplus was $1,000,000, undivided profits
$509,000, deposits $16,415,000 and total resources $19,L. James,

President, has declared

a

on tne committee with Mr. Hepburn
Schilf, Edward King, James T. Woodward,
H. 0. Fahnestock. August Belmont and John!.
Waterbury.
-In view of the recent important changes in the executive
personnel of tho Liberty National Bank of this city, some
reference to the institution's rapid growth and its rise in
prdTfrinence and importance will be timely. The bank was
374,200.
oi^Xnized Oct. 13 1891, and was first located at No. 143
—We understand that the pamphlet on “The Responsi¬
Liberty Street, where it conducted its business with success
In January 1903 the directors, desiring to bilities of Directors” issued by the Lincoln Trust Company
up to 1902.
broaden the scope of the bank's services, decided to move of this city, to which we referred in our issue of Saturday last,
to No. 139 Broadway, near Liberty Street, where the bank was prepared by Frederick Phillips,
Secretary of the com¬
erected a building of marked architectural beauty and fitted pany
itjup for its own exclusive use. A glance at the following
—The initial statement of the Irving National Exchange
oonfparative statement of published reports will give evidence Bank, on the southwest corner of Chambers and West

Jacob Ii.

are

.

ofjthe growth of the institution:

Broadway, this city, shows the united strength of the New
Exchange Bank aad the Irving National Bank
Deposits.
IS-k'T
$718,400
resulting from their recent consolidation. Its deposits on
1807,,
5011.000
2,034,000
1 hOW.
$500,000
500.000
9,110,562
Jan. 26
were
1907
$19,862,831, capital $2,000,000, surplus
A
1.000 .ooo
1.500.000
11,185,872
Thus there has been a steady increase of business.
The $1,000,000, undivided profits, $25,571, and aggregate resources
bank has also been very successful with
respect to its earning $24,038,700, when the Comptroller of the Currency called
powers.
Much credit for its initial success was due to for a report from all national banks. The officers of the con¬
solidated
H.^fy C. Tinker, who was its first President, and Henry P. James E. institution are: Lewis E. Pierson, President;
Nichols, Charles L. Farrell and Ilollin P. Grant,
Dawson, who, after the first Cashier, James Christie, died, Vice-Presidents;
and Benjamin F. Werner, Cashier.
baiyime Cashier of the institution and later President. E. C.
—Emil Seyd Jr. was elected active Vice-President of the
Converse, who succeeded Mr. Davison as President in 1902.
possessed a unique personality and attracted to “the bank Northern National Bank of this city at a meeting of the
very desirable customers.
Shortly thereafter Charles H. directors on Tuesday.
Capital.
$500 .WOO

_

.inrolus.

.

r

.

Undivided I.nans and
Profits.
Discounts.
$1,805
$020,654
248.648
2,478,221
329,200
6,735,130
766,502
31,097,221

Sto.ut,jvidely known to t:w bankers throughout the

York National

country

oiraccount of his former connection with the National Bank

of. the
was

tains.
men

Republic and the First National Bank of this city,
Vice-President, which position he still re¬
Through the combined ability and energy of these

elected Active

the bank has

its,,surplus had

won

h >sts of business friends.

In 1901

—At

meeting of the trustees of the New York Life In¬
Company..of this city on Tuesday Thomas
Denny Jr. was chosen to fill a vacancy in the board.

surance

a

& Trust

—Edw. H.

Pcaslee, who

elected to the board of the
city at the annual meeting in
January, has been elected a Vice-President of the institution.
Mr. Peaslee is President of the Fidelity Bank of this city.
was

Second National Bank of this

to over $1,000,000. At that time
increased from $500,000 to $1,000,000.
Rexjpntly,in order to allow the bank to conform to the new
law respecting loans (which must not exceed
10% of capital
ami surplus), the directors transferred from undivided
profits
to. surplus account the sum of $500,000.
At the present
time the capital of the batik i- $1,000,000, surplus
$1,500,000
and undivided profits $700,500.
The business of tlie bank
is allied to no on*1 purlieu; v line, and. it handles both mer¬

Thomas, Stanley Gifford, David A. Sullivan and LcRoy
The new members replace Cyrus Clark, F. B.
Schenck, W. S. Gray, John J. Lapliam and Frederick G.
No action has as yet been taken towards
Kinsman.
electing
a successor to former
President Frank W. Kinsman Jr.,

cantile and bank a<-eourU.s

who is

flic

capital

It will bo

grown

was

interesting

t. • reader to learn that the recent
election of Frederi.-k B. boReu-k, formerly President of the
Mercantile National Bank m New York, was thought of only
on

the

day preceding Jau

national banks huv' their




•

eirv
>■

S 1907,

on

which date the

nual. election of directors.

At

—The following new directors have been chosen to the
board of the Hamilton Bank of this city: E. R.
Thomas,
O. F.

W. Baldwin.

now

President of tiie New Amsterdam National Bank.

Mr. Kinsman's interest in the Hamilton Bank

was

purchased

by E. R. and O. F. Thomas
—The officers for the

lyn Borough

were

proposed Mont auk Bank of Brook¬
a meeting on the 1st i'nsb. Ilenry
chosen President; Adolph Heinemann

elected at

M. Randall has been

305

THE CHRONICLE.

Feb. 9190 7. j

Cashier; and Joseph H. Vaill, Assistant Cashier. The list
Lockitt are the Vice-Presidents and H. B. Con- of stockholders includes such names of financial influence as
lin the Cashier.
The directors are Henry M. Randall, Will¬
J. Ogden Armour, President of Armour & Co.; John G.
iam Lockitt, Adolph Heinemann, Stephen M. Griswold,
Shedd, President Marshall Field & Co.; William Deering, of
Henry J. Straukamp, Guy Loomis, Dr. Charles D. Larkins, International Harvester Co.; President, James T. Harahan
Dr. H. B. Bayles, J. S. Scully, John Sorensen, Gottfried
of Illinois Central RR. Co.; J. M. and Geo. M. Studebaker,
Wildermuth, William H. Gieseler, Michael Furst, William
President and Vice-President of Studebaker Bros. Mfg. Co..
M. Calder and William L. Newton.
It is expected to open
Cyrus H., Harold F. and Stanley McCormick, of Interna¬
the bank for business at Fifth Avenue and Union Street on
tional Harvester Co.; J. V. Farwell Jr., Treasurer John V;
President Randall is also at the head of the Bank
March 1.
Farwell Co.; and the following bank officials: Edward S.
of Port Jefferson at Port Jefferson, L. I.
Lacey, President Bankers National Bank; John A. Lynch,
—The question of increasing the capital of the First Na¬ President National Bank of the Republic; George M. Rey¬
tional Bank of Albany, N. Y., from $300,000 to $600,000, nolds, President Continental National Bank; L. A. Goddard,
and the several other propositions incident to the consolida¬ President Fort Dearborn National Bank; W. T. Fenton,
tion of the First National and National Exchange banks, Vice-President National Bank of the Republic; J.C. Craft,
will be submitted to the stockholders for ratification on March Vice-President Bankers National; Oliver C. Fuller, President
1.
The consolidation plan was mentioned in the “Chronicle” Wisconsin Trust Co., Milwaukee; and Gustav Reuss, Presi¬
of January 26.
dent Marshall & Usley Bank, Milwaukee.
—On the 6th inst. Winton C. Garrison was elected a Vice—On Tuesday the new National City Bank of Chicago com¬
President of the Federal Trust Company of Newark, N. J., menced business, and at the hour of closing had received
to succeed Benjamin Atlia, resigned.
Frank L. Luff having $2,192,311 in deposits. The institution has a capital of
retired as Treasurer of the institution, the office has been com¬
$1,500,000 and surplus of $300,000.
bined with that of Secretary, and the present Secretary,
—The Monroe National Bank of Chicago has called a
John W. Crooks, continues in the office.
James Smith Jr.
special stockholders’ meeting for March 5th to increase
has been re-elected President of the company and Joseph M.
capital stock from $200,000 to $300,000. The new
Byrne has also been re-elected a Vice-President. Edward to be
put out at $125, which will add $25,000 to surplus and
T. McGuire has been chosen Trust Officer and Robertson S.
undivided profits.
After the increase the bank will have
Ward succeeds the late Daniel O’Day as a director.
$300,000 capital and approximately $50,000 in surplus and
—The Mechanics’ Trust Company of Bayonne, N. J., wras undivided profits.
The bank has shown a .steady growth
the scene of a run last week, the trouble, it is believed, aris¬ since its conversion from a State to a National bank less
ing through the circulation of false rumors. The institu¬ than a year ago, its deposits having increased from about
tion met all obligations.
It paid out about $300,000 during $500,000 to $1,387,000 at the time of the last call of the

and William

the
stock is

Friday and Saturday, keeping its
time in order to reassure the

the progress of the run on
doors open beyond the usual

depositors, many of whom were foreigners. With
the resumption of business on Monday, there appeared little
indication of the “scare” of the previous week, but few de¬

anxious

positors withdrawing their
organized in 1886 and has a
of

accounts. The institution was
capital of $50,000 and a surplus

$200,000.
—Chester W. Bliss was

this week elected

President of the

succeed

Chapin National Bank of Springfield, Mass., to
W. F. Callendar, who declined re-election.
The new Presi¬
dent has been Chairman of the executive committee for the

He is the grandson of Chester W. Chapin,
organizer of the State bank which preceded the Chapin
National, and who was its first President. Another new
officer in the Chapin National, elected this week, is James
past two years.

has been chosen Vice-President. George
re-elected Cashier. Referring to these
elections, the “Springfield Republican” says “it is understood
that the organization of the bank is permanent and that the
question of absorption by the Union Trust Company
thereby disposed of.”
Rumrill Miller, who

*

Comptroller.

Fort Dearborn National Bank of Ghicago
permit from the State Auditor to organize
the Fort Dearborn Trust & Savings Bank.
It is stated that
it is not the purpose to proceed with the company’s organi¬
zation just at present, the charter having been obtained in
order to prevent the use of the title by others.
—Interests in the

have secured a

permit has been issued to George H. Eckels, of the
Bank of Chicago,, and others, to organ¬
ize the Commercial Trust & Savings Bank, capital $200,000.
As in the case of the Fort Dearborn National Bank, which
has taken out a charter for the organization of the Fort
Dearborn Trust & Savings Bank, there is said to be no in¬
tention on the part of the Commercial National to start a
new State institution just now;
the object in securing the
charter was to prevent the adoption of the title by interests
outside the Commercial.
—A

Commercial National

R. Yerrall has been

is

Creighton, President of the First National Bank
Neb., died on the 7th inst. at the age of seventyMr. Creighton was born in Ohio, but since

—John A.
of Omaha,
five years.

1868

He was a prominent
factor in the financial and commercial interests of that city.
—A special meeting of the stockholders of the Union Trust Prior to his election as President of the First National last
Company of Maryland at Baltimore will be held on Feb. 25, November (succeeding Herman Kountze) Mr. Creighton was
had

permanently resided in Omaha.

proposition to reduce the capital from $1,000,000 Vice-President of the institution.
$500,000 will be submitted for ratification. It is the pur¬
—John W. Harrison, a Vice-President of the Missouripose to retire one-half the stock so that the capital will con¬ Lincoln Trust Company of St. Louis, Mo., was elected Presi¬
sist of 10,000 shares of the par value of $50 each.
dent on the 2nd inst., to succeed August Schlafly, resigned.
when the

to

President of the Central National
Bank of Washington, D. C., was elected to succeed C. A.
James as President of the National Bank of Washington at
the late annual meeting.
With regard to the reports of
consolidation of these two institutions, we are advised that
nothing has as yet been perfected in the matter. Clement
W. Howard becomes successor to J. L. Norris as VicePresident of the National Bank of Washington and J. Frank
White is the Assistant Cashier.
Charles E. White has re¬
signed as Cashier.
—Chicago had two rather notable bank openings the past
week.
On Monday the Harris Trust & Savings Bank
opened its doors in the Marquette Building as the successor
of the well-known Chicago bond and banking house of N. W.
Its initial deposits on the opening day were
Harris & Co..
in excess of $3,000,000.
The new institution has as officers
N. W. Harris, President; Albert G. Farr, Albert-W. Harris
—Clarence F. Norment,

P. Hoover, Vice-Presidents; Howard W.
Treasurer; Edward P. Smith, Secretary; Frank R.

and George




Fenton,
Elliott,

—At

a

meeting on the 2nd inst.

the stockholders of

Virginia Bank & Trust Company, Incorporated,
Va., ratified a proposition to increase the capital
000 to $600,000.
—IJ. P.

Headley has been

chosen

Bank of Lexington,
ander, who has become Cashier of

Third National

the

of Norfolk,
from $200,-

Vice-President of the

Ky., succeeding Y.

Alex¬

the bank in place of

G.

II. Barr.

Equitable Trust Company of
Augusta, Ga., have agreed to accept an offer for the merger
—The

stockholders of the

Merchants’ Bank of that city.
The Equitable Trust has a capital of $285,000
Its share¬
holders are to receive for their holdings stock in the Mer¬
chants’ Bank for 80% of the amount (the Merchants’ stock

of their

institution with the

cash. The
$50,000

being valued at $200 per share) and 20% in
bank’s present capital of $75,000 was increased from
in June.

understood that it will
the sum of $125,000.

It is

this time in

again be increased—

THE CHRONICLE

[VOL. LXXXSV,
•

306
—On Jan. 22 W. V.
urer

Davis, previously Secretary and Treas¬
Company of Savannah, Ga., was

Clearings—Returns by Telegraph.
Week, ending February 9.

of the Savannah Trust

John H. Strouss succeeds to the

elected Vice-President.
office of

Secretary and Treasurer, John H. Calais becoming
Assistant Secretary and Treasurer.
—The business of the Merchants’

Natchez, Miss, (capital $25,000)
19th ult. to

latter has

a

& Planters’ Bank of

was

transferred

First National Bank of

the

the

on

Natchez.

The

capital of $250,000.

—F. Thorn well

Fay and John M. Dorrance were'elected

New York
Boston

Philadelphia
Baltimore

_

Chicago

1906.

$1,581,871,899
141,042,819
111.604.687
22.823,561
200,613.234
50.773,075
17,469,787

$1,530,016,952
134.068,180
113,633.186
22,802,425
181,597,124
50,182,105
18.909,636

+3.4
+ 5.2
—1.8
+ 1.0
+ 10.5
+ 1.2
—7.6

$2,126,199,062
382,487,698

$2,051,009,608
365,481.267

+ 3.6
+ 4.7

$2,508,686,760
641.416,213

$2,416,490,875
720,250,967

St. Louis
New Orleans

Seven cities, 5 days
Other cities. 5 daysl
Total all cities, 5 days
All cities, 1 day
I

...

Total all cities for week

Per
Cent.

1907.

$3,150,102,973

$3,136,741,842

+3.8
—

11.0

+ 0.4

additional Vice-Presidents of the Commercial National Bank
of

Houston, Texas,

on

—The directors of the Gaston

have

Our usual

the 8th ult.
National Bank of Dallas

elected to

vice-presidencies R. C. Ayres and R. K.
J. Howard Ardrey has been chosen Cashier—the
Gaston.
office formerly held by Mr. Ayres.

monthly detailed statement of transactions on
Exchanges is appended. The results
month of January in 1907 and 1906 are given below.

the various New York
for the

January 1907.

capital

on

January 8 from $325,000 to $500,000.

The

increase of $175,000 was taken out of the accumulated profits
without

making any change in the surplus of $200,000. Be¬
sides its new capital of $500,000 and its surplus of $200,000,
the bank still lias prolits of about $50,000.
It reports 185
bid for the stock

with

none

Value

Actual

Aver.'

Quantity.

Value.

Price

Par

—The First National Bank of Fort Worth, Texas, increased
its

January 1906.

Dezcript’n
or

St’ sk/Sh.

Par
or

22 702,760

Value

Actual
Value.

;

‘

Quantity.

Aver.
Price.

38,512,548

\ VaL $1,948,477,925 §1,854,950,930 95.2 §3.513,808,700 $3,333,481,498
RR. bonds
$45,307,700
$86,859,748
$44,453,900 99.0
$88,629,900
Gov.bonds
$81,500
$370,100
$396,503
S92,273113.2
State b’ds
$5,837,500
$5,357,906 91.8
$13,309,900
$12,320,395
Bank st’ks
$32,400!
$59,395183.3
$92,000
$191,820
Total.

_

Grain, bu.

for sale.

94.9
98.0
107.1

92.6
20S.5

SI,999,737,025 $1,904,914,404 95.3 S3,61G,210,COO $3,433,249,964 94.9
40,941,800
33.002,850/80%
31,897,000
27,827,000 S5.6C

Tot. value

$1,937,977,254

$3,460,536,964

....

—At the annual

meeting of the stockholders of the City
/ Cents.
National Bank of Dallas, Texas, on January 8, the capital
The volume of transactions in share properties on the New
was increased from $200,000 to $500,000, through the issuance
York
Stock Exchange each month since July 1 in 1906-07
of 3,000 new shares, par $100.
Of the additional stock,
and 1905-06 is indicated in the following.
2,000 shares were paid for out of the earned surplus and
SALES OF STOCKS AT THE NEW YORK STOCK' EXCHANGE.
prolits, leaving a balance in the surplus fund of $300,000.
The remaining 1,000 shares were issued and taken by the
1906.
1905.
stockholders at $300 per share, of which $100,000 was placed
M'th. Number
Values.
N umber
Values.
to capital and $200,000 to surplus, making the capital $500,of
{>l
Shares.
Par.
Actual.
Shares.
Par.
Actual.
000 and the surplus $500,000.
The January 26 statement
S
S
$
$
also shows undivided prolits of $18,026.
The deposits are July. 16,346, 221|1,448.273,
GOO 1.310.470.810 13,273,655 1.214.1x8.750 l,075,487,631
Aug.
1,836.032-200
1,046.410,478
$5,755,081 and the total resources $6,973,107. E. O. Teni- Sept. 31,804,816:2,847,353,7502,701,479,62820,205,735
26,018,2701,2159,177,650 2,155,974,863 16,012,044 1,488,401,350 1,335,798,497
■

»

•

son

is President of the institution and B. D. Harris is Cashier.

3d qr
Oct
Nov.
Dec.
.

(^Canadian Bank Clearings.—The Clearings of the Canadian
banks for the month of January 1907 show an increase over,
the same month of 1906 of 8.3%.
January.
1907.
Canada—
Montreal
Toronto

1906.

S

131.000,000
115,920.789

Winnipeg

44,620,387
12,938,175
13,402,453
8,657,571
8,191,643
7,001,820
5,768,012
5,772,898
3,909,509
5,576,115
3,506,000

Ottawa
Vancouver
Halifax

Quebec
Hamilton
St. John
London
Victoria

Calgary
Edmonton

S
%
129,415,413
+ 1.2
109,757,368
+ 5.6
35,506,258
+ 25.7
10,388,639
+24.5
8,292,718
+ 61.6
8,624,473
+0.4
7,615,055
+ 7.6
6,337,825 + 10.5
5,401,698
+ 6.8
5.053,197
+ 14.2
3,517,434
+ 11.1
Not included in total
Not Included in total

1905.

'

S
95,249,202
86,364,783
26,276,193
9,044,346
6,430.014
7,370,075
6,621,551
5,270,059
4,163,227

4.539.822.200
1.634.308.380
2,409,764.700
2.959,343.875

4,057,696,606
1.458,976,410
2,178,330,407
2,604.487,492

4thqr 61,751.312 5.230,546,725 5.096,495,783 76.020,753 7,063,470.955 6.241,794,309
:

Jan

19Q7

1900

22,702,760 1,948.477,925 l,854,950,93038,518,5483,513.80S.7003,333,481,498

.

The following
since July 1.

Clearings at—
Inc. or
Dec.

74,169,307 G,454,805,000 6,167,934,307 49,491,434
21,894,130T.882,466,875 1,795,498,704 17,674.807
19,400,130 1,633.318,300 1,625,49S,740 26,823.550
20,457,052 1,714,761,550 1,075,498,279 31,528,390

compilations

1901.

cover

the clearings by months

MONTHLY CLEARINGS.

$
77,668,912
67,162,794
21,484,089
8,565,976
5,231,271
6,822,141
5,413,938
4,673,400
3,790,359
3,518,919
2,589,974

4,342,730

3,205.655

Clearings, Total All.

Clearings Outside New York.

Month.
1906.

1905.

-

1906.

%

$

$
July.. 11.639.9S6.823 10,866.702,211 +7.1
Aug
13,131,717,908 10,902,728.326'+ 20.4

1905.

$
4-,383,460,720
4,298,516,812
4,183,626,823

..

Sept.. 12,497,458,868 10,885,727,807i+14.8

$
4,027.669,659
3.921,963,406
4,026,268,430

%
+ S.S
+ 9.6
+ 3.9

3d qr 37,269,163,599 32,655,158,344 + 14.1 12,865,604,455 11,975,901,495
+ 7.4
Oct
14,529,267,229 12,624,016,403 + 15.1 5,185,224.067 4,598,003.486 + 12.8
Nov.. 13,633.923,602 13,149,940.260
3.7
5,025,935,790
+
4,607,269,049 + 9.1
Dec
14,265.132,388 14,452,6S6,539 —3.1 5,037.237.754 4,763,173,624 + 5.8
..

..

Total Canada....

357 183,257

329,910,072

+ 8.3

254,337,865

206,951,773

4th qr. 42,428,323,219 40,226,643,202
1906
1907
15,010,587.433 16,3333305,104

+ 5.5 15,248.397,611 13.968,445,559

+ 9.2

-8.1

+ 5.4

,

The clearings for the week ending February 2 make a
favorable comparison with the same week of 1906, the in¬
crease in the aggregate having been 9.4%.
Week ending

Clearings at—
1907.
Canada—
Montreal
Toronto

S
%
26,201,731
—3.5
21,500,000
+ 9.1
6,727,707
+ 23.9
1,949,679
+ 16.5
1,652.826
+ 58.1
1,842,964
+ 91.2
1.450,867
+ 7.2
1.194.00G
+ 12.5
1,006,983
+ 3.3
1,038,737
+ 9.1
635.200 + 22.7
1,306,684!Not included in total;
887,942 Not included in total1

Winnipeg

Quebec
Hamilton
St. John

London
Victoria
..

1906.

Inc. or
Dec.

S
25,331,422
23.463,200
8.336,580
2.271.313
2,612.731
3.523.829
1.555.609
1,343,951
1.040.200
1,133,143
779,223

Ottawa
Vancouver
Halifax

Calgary

February 2.]

_.

Edmonton
Total Canada

....

71,391,201

65,260.700

+ 9.4

..

The

1905.

i

$
|
21,657.301
19,913,578
5,180.170
2,131,353
1,497.045
1,701,562
1,245,983*
1,105.459
757,870
819.318
746,895

5,095.404.428

of bank

subjoined statement.

1904.
$
17.687,272
12,676,425
4,457.008
1,742,505
1,180,335
1,685.919
1,402,919
1.050,383
845.457

764.094
622,501

(000.000s
omitted.)

1907.
S

New York

.

Chicago
Boston

.

•

.

Philadelphia

.

St. Louis

Pittsburgh

.

San Francisco
Baltimore
Cincinnati
Kansas City
Cleveland

.

.

Minneapolis
New Orleans
5G .756,494

5.372AH6.549

clearings at leading cities of the coun¬
try for the month of January in each of the last eight years is
course

shown in the

.

Detroit

44,114,818

Clearings by Telegraph—Sales of Stocks, Bonds, &c.—
The subjoined table, covering clearings for the current week,
usually appears on the first page of each issue, 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 1906, there is an increase in the aggregate of
0.4%.
So far as the individual cities are concerned, New York ex¬
hibits a gain of 3.4%, Boston 5.2%, Baltimore 1.0%, Chi¬
cago 10.5% and St. Louis 1.2%.
Philadelphia records a
loss of 1.8% and New Orleans 7.6%




Jan

Louisville
Omaha
Providence
Milwaukee

62
62
45
40
50
3X
3S
36
40
20
2G

.

_.

_.

Buffalo
St. Paul
Denver

Indianapolis
Richmond
.Memphis

...

.

.

Seattle
Salt Lake City
Hartford
Total

Other cities

1906.
$
9,638 11,238
1.040
987
905
.843
674
712
290
2X3
212
251
205
186
137
137
132
123
139
115
81
73
70
S3
Ill
108

38
29

17

108
94
69
70
96
50
53
36
33

56
62
40
30
44

35
32

31
33
31
28
33
32
17

•

42
46

32
35

36
30

35
26

26
29
30
24

21
is
28
23
29
17
14
12

25
19
17
14

-

5,373

1904.
$
5,691
729
586
494
242
160
127
101
100
95
60
63
116

108

.14,214 15.652 11,317
797
681
531

Total all

Outside New York

1905.
s
7,735
814
657
556
255
195
138

16.333 11,848
5.095
4.113

1903.

S
7.186
7ti0
670
545
215
195
128
106
107
89
71
62
i

(

46
51

2-2
37*
36
28
28
19

28
19
21
16
14
14

1902.
$
6,929
734
648

510
233
199
106
107
90

90
62
61
74
69
44

?!
35
22
07

24
*9•)'

23

1901.
$
7.401
619
663
460
179
169
91
103
89
75
.56
47

no
44

41
29
33
28.
26
22
20
17
18
17
9
14

1900.
S
4,665
589
592
41S
145

130
83
92

73
58
49
43
53
40
43
27
31
29
23
22
21

15
14

13

15
15
13
S
10
14

8.946 10,801 10.22?
4SX
505
430

10 343
365

7.301
330

9,451
3'760

10.708
3,307

7.6 31
2.9 66

-

1 1 .080

3,003

21
T

12

10.659
3.730

Feb. 0

307

THE CHRONICLE

1907.]

%xxxs\ Cmupauij Returns.
BOSTON,

PHILADELPHIA, NEW YORK, BROOKLYN AND ST.

LOUIS.

of the condition of all the trust companies in Boston,
Philadelphia, New York and St. Louis. This is in continuation of a practice begun some five years ago. The
We furnish below

complete comparative statements

statements occupy altogether thirteen pages.
No one needs to be told that the trust companies

have become an exceedingly important body of financial
institutions; nor yet that their operations have risen to great magnitude, and are assuming steadily increasing
prominence in the financial world. As a matter of fact, the growth and expansion of these institutions have
been one of the most noteworthy features of recent times. For these reasons the compilations we present ought
to be interesting for present study as well as useful for reference.
The dates selected for comparison are December 31 1906, June 30 1906 and December 31 1905, or where,
as in the case of the New York companies, the June 30 figures are no longer compiled, the dates of comparison
are December 31 from each of the last three years.
In the case of the Boston, the Philadelphia and the St.
Louis companies, we have also sought to get figures for December 31 and June 30 and have quite largely suc¬
ceeded. As, however, the fiscal period of these companies do not all correspond with those dates, and no
returns for those dates are required by the State authorities, several of the Boston companies and a number
of the Philadelphia and St. Louis companies have not found it convenient to compile statistics to December 31,
but have furnished instead the latest complete figures available—usually either the close of November or the
close of October.

BOSTON COMPANIES.
City Trust Co.

American Loan & Trust Co. (Boston).
Dec. 31 '06'. June 30 ’06. Dec.
Resources—

31 ’05.
$2,507,739 $2,945,850 $2,213,410
5,064,397
4,119.497
5,744,825
4,016,350 3,354,451
3,297,250
3,393,544
2,280,530
1,295,792

Railroad and other bonds
Time loans on collateral /.
Demand loans oil collateral
Cash on hand in banks

Capital stock

Surplus fund

Undivided profits
Gen’l deposits payable on

demand

Total.
Rate of Interest on deposiIts of $500
Dividends paid in calend ar year

$1,000,000
1,500,000

251,974

200,293

12,281,384

12,206,834

&c
Safe deposit vaults

jan.

1,039,134

1,185,198

$6,873,895

$6,535,113

$6,743,057

$500,000

$500,000

110,946
5,762,949

$500,000
400,000
146,364
5,488.749

97,532
5,745,525

$6,873 ,89.3

$6,535,113

$6,743,057

500,000

Beacon Trust
.

.

Massachusetts bon
Other Investments
Cash In office arid banks
Furniture aiui fixture's _
.

Total.
Rate of Interest on
Dividends paid In

$3,876,408

$2,543,044

$400,000

$400,000

$300,000
200,000
26,954
2,016,090

.

Total

.

200,000
71,550

200,000
72,987

3,178,206

3,203,421

Boston Safe

$3,849,756

(Boston).

Dec. 31 ’06. June

Res ourccs-

Massachusetts bond • at par
City bonds
par-.
Railroad bonds at par
Other bonds

-$550,000
200,000
600,000

*

Overdrafts and accrued
Total
’Trust department
Liabilities—

Interest

(additional).-

$ 1,000,000
2,000,000

Capital stock
Surplus fund

633,048

.

•:—:

11,850,451

Deposits
1

Total

department

(additional)._

City Trust Co.

and In banks

2,000,000
488,357
25,000
12,183,014

$550,000
2(10,000
000.000

171.526

10,746,148
724,027

2,382,736

and over.

$542,899

$542,529

$100,000
35.912
422,757

$100,000

$100,000

408,304

33,146
409,383

$558,669

$542,899

$542,529

*

Liabilities—

Capital
Surplus and undivided

$15,411 ,308

$10,393,462

proAts.-

Deposits
Total
Rate of Interest on deposits of $500
Dividends paid In calendar year

(Boston).

$8,746,253 $10,170,581

$1,000,000
730,606
7,131,928

$1,000,000
7,081,424

$1,000,000
619,004
8,551,577

$8,862,534

$8,746,253

$10,170,581

...

2,000,000
325,600

12,085,708

1906.
2%

13%

’06. Oct. 31 ’05.
$458,012
$510,087
2,913,479
1,276,273
10,838,895 8,711,909
55,400
2,949,827 3,519,790
$25,199,986 $17,267,688 $13,965,984

(Boston).

371,769

349,998

328,898

2,925,424

2,546,676

179,262

151,329

2,404,159
169,454

442 518

252.100

5,271

2,195

277.962
4,390

$4,154,390

$3,521,611

$3,410,920

$500,000
100,000
81,519
11,018

$500,000
100.000
58,384
7,574
2,855,123

$500,000
100,000
52,787
12,421
2,745,182

$3,521,611

$3,410,920

^

3,461,292
567
$4,154,396

Dividends

530

530

1905.
2%
5%

1906

2%
5%

of $500 and over

I

paid In calendar year..

Resources—

2%
0%

’05.
’06. June 30 ’06. Dec. 31
$226,057
$2 1!) ,31 3
$230,152

Capital stock
Surplus
fuml
Undivided proAts
Deposits in trust
T__
Gcu’l deposits payable on demand...

Dividends

1906.

Dec. 31

Total
Liabilities—

interest on deposits

664,629

and pver

Stocks and bonds

$1,000,000

4%

$8.862,534

Federal Trust Co.
Resources—
Real estate mortgages

Rate of

1905.
2%

1906.
2%
4%

58,800

Total

Loans
Cash on hand.
Cash on deposit
Taxes paid

34,595

’OG. June 30 ’06. Oct. 31 ’05.
$660,542
$798,336
$832,536
6,764,138
6,318,459
6,281,272
270,000
270,000
270,000
444,881
437,183
479,314
2,017,368
878,278
940,612
13,652
43,997

Total

(Boston).

Oct. 31 ’06. Apr. 13

$303,120
3,517,617
16,208,166
55,400
5,115,682

$558,669

62,679

Dec. 31

36.871

15,483,499 S1 5,696,371 $15,411,308
$12,282,579 $11,504,255 $10,393,462

paid on deposits of $500
Dividends paid In calendar year

Massachusetts bonds
Other bonds and stocks
Time and demand bonds.

$1,000,000

Dec. 30 ’05.

$

Rate of Interest

Resources—

30 ’06.

$550,000
200,000
600,000
162,218
11,728,278
664,820

205,968
603,559
1,768,463
1,899,723
22,592
33,402
$15,483,499 $15,696,371
$12,282,579 $11,504,255
11,390,847

Loans
Cash In office
Cash in banks

$2,543,044

$3,876,408

Deposit & Trust Co.

25,513
28,375

i

$3,849,756

.

’7", 4 00

deposits of $500 and over.
calendar year

ResourcesBonds and mortgages
Demand and time loans:
Real estate
Cash on'hand
Cash on deposit
Other assets

’07. Axi(j. 29 ’06. Oct. 31 ’05.
$1,755,895
$2,434,163
$1,863,706
330,044
706,156
1,165,071
48,500
48,500
48,500
134,120
152,549
221.362
264,485
505,038
550,217
10,000

.
Surplus
Earnings, until vid e J.

7_,400

382,433
5,000
2,000
7,400
23,517

50.474
32.474

Commonwealth Trust Co.

400,000

Co. (Boston).

Liabilities




250,000

Jan. 7

Resources—

Real estate
Cash on hand

,

Capital stock
Surplus and proAts
Deposits

837,225
200,000

1,090,888

250,000

1,243,820

Total
Liabilities—

00, Jan. 10 ’06.
$3,179,746
$3,241,499

July 5

1,000

421,111
1,000

’05.

$59,500

$59,500

"

Casli In office
Cash In banks

992,075
140,000
872,405
250,000

Capital stock
Surplus fund
Earnings undivided
Deposits

Total

07.

1,021,941

Total
Liabilities—

Trust

3

735,625
140,000

_

and banks.

Profit and loss
State taxes..

Furniture,

8%

8%

$3,482,50!)
.

Loans
Real estate

Co. (Boston).

Resources—
Time loans

Demand loans ..Massachusetts bonds
Other bonds

$50,500
407,981

and over

1905.
3%

30 ’06. Dec. 31

Dec. 31 ’06. June

Resources—

8%

8%

(Boston).

Columbia Trust Co.
City bonds

1906
2%

424,238

11,541,746

$13,965,983
1905.
2%
2%

deposits of $500 and over
calendar year

Rate of Interest on
Dividends paid In

1,500,000
208,904
8,273,246

$1,000,000
1,000,000

$25,199,986 $17,267,688
1906.

Total

$1,000,000

Oct. 31, ’05.

$1,000,000
1,000,000
542,319
21,063,186 14.725,369
$1,500,000
2,500,000
136,800

..$15,033,358 $14,907,127 $10,982,150

Bay State Trust

E^eal estate
Cash in office

$1,000,000
1,500,000

13 ’06.

Oct. 31 ’06. Apr.

Capital stock
Surplus fund
Undivided proAts
Deposits

.$15,033,358 $14,907,127 $10,982,150

Total..
Liabilities—

(Boston)—Concluded.

Liabilities—

International Trust Co. (Boston).
’06.
Oct. 34 '06. April 6

Real estate mortgages
Stocks and bonds...
Loans on

collateral

\

Loans on

personal securities

j

Banking house
Sinking fund bonds
Cash on hand and In banks.2

Dec. 31 '05.

$547,655
5,513,760

$520,108
5,665,500

8,156,790
929,775
1,547,615
2,351,821
224,654

7,662,823\
786,169

J

$379,493
7,064,227
2,870,856
5,276,534

816,362

1,436,439
1,876,998 2,577,403
84,314
$19,272,079 $18,032,351 $18,984,875
Total
Trust department (additional)
$1,766,355 $1,613,983 $1,469,415
Capital stock
$1,000,000 $1,000,000 $1,000,000
Surplus fund
3,000,000 3,090,000 3,000,000
Undivided proAts
1,027,233
902,475
843,218
General deposits payable on demand. 14,244,846
13,129,876 14,141,658

Other assets

Total.

Trust departmenti(addltlonal)

$18
.$19 ,272,079
$1
766,355

$1

032,351 $18 ,984,875
$1 ,469,415
,613.963

308

THE CHRONICLE
Mattapan Deposit & Trust Co. (Boston),

Resources—
Real estate mortgages
Bonds
Loans on collateral
Loans on personal securities
Cash on hand
Cash on deposit
Other assets
..

Dec. 31 ’00.

$10,500
50,000
900,044
230,511
125,192
155,113

.

Old

June 30 ’00. Dec. 31 ’05.

-

2,000

$48,100
50,000
891,101
172,977
94,297
99,740
1 1 ,932

[VOL. LXXXIV.

Colony Trust Co. (Boston)—Concluded.

Liabilities—

$42,300
50,000
804,019
130,454
87,980
71 ,794

.

$1,509,900

$1,308,213

$1,254,547

$100,000
75,000
13,109
1,319.849
2,002

$100,000

$100,000
50.000
17,929
1,084,018
2,000

Capital stock
Surplus fund
Undivided profits..
General deposits payable on
Other liabilities..

demand.

.

51,300,000
5,300,000
170,784
34,072,430

Total

50,000
17,902

1,178,303
21,948

.

.

.

$1,308,213

.

deposits of $500 and

on

o irr

-

Mechanics’ Trust Co.a (Boston).
Resources—
Time loans
Demand loans
Stocks and bonds
Premium account
Due from banks
Casli on band

Dec. 31 ’00.

Oct. 31

$1,087,2491

1,207,054]
60,850
1,500

260,5011

Dec. 31 ’00.

$205,945
2,034,496
19,907
24,867
18,404
4,821

$2,734,810

Capital stock
Surplus fund

$500,000
110,000
21,440
2,047,9001

Undivided profits
Individual deposits
Due to banks

55,470/

Total

$2,734,810

$2,250,330

$500,000
105,000

$500,000

19

383,700

140,032
350,662

$3,475,299

$3,253,036

$3,307,815

$200,000
130,000
40.008
18,979
3,073,701

$200,000
130,000
23,964

$200,000

2,872,600

130,000
28.936
22,614
2,925,369

708
402

612
204

532
374

11,441

4,858

$3,475,299

$3,253,036

Exchange

account.

Dividends unpaid..
Treasurer’s checks
.

.

1,901,010

Rate of Interest
Dividends paid

1,044,728

$2,524,427

deposits of $500 and
in calendar year
-.
on

April 0 ’00.
$3,308,390
0,693,910
11,743,081
952,701
'3,004,892
402,338

on

demand.

$1,000,000
1,800,000
008,548
7,927,000
16,302,830

$1 ,000,000

191,954

161 .201

Other liabilities

1905.

Oct. 31 ’05.
$2,500
3,469,780
11,029,71 1
724,590
3,708,095
521

528,154
7,359,870
15,370,747

$9,752,098

$9,233,001

(additional)

$367,341

$970,034

$8,895,345
$919,727

Capital stock
Surplus and undivided prolits
Deposits

$000,000
000,098
8,546,000

$000,000
507,303
8,005,038

$000,000
508,384
7.786,961

285,006

United States Trust Co.

10,223,085
38,951

Oct

Cash

A prl l 0 ’06.
$1 •inn .874

.903

,2-17 ,082
4 On ,950

31 ’05.
$1 *»7 ,000
3,,451 .000
588 ,000

$5, ,384 .502

$5, ,109 ,500

$5, 411 ,000

$ 200 ,000
500 ,000
'.lit ,015
4, 593 .047

$ 200,,000
500,,000
47.,203
4, 302,,3n 3

55, 384 ,502

$5, 109,,500

.

-

12%
-

,

Liabilities—
.

31 ’(15.

Capital stock
Surplus fund
Undivided profits..

$19.357,517 $21.912,702 $24 725,994
1 ,000,000
1 noo.ooo
353,760
7.243.23 1
11,942,447
7, 501 ,003
1 ,375,000
1 375,000
1,489,000
1 .735.700
1 93 1 .003
2,151 ,389
0 981 ,055
6,555,110
6,90 7.452

$41,849,223 $40,174,08 5

-

.

Total

$43,57 4,055

-

Dec

,

3, ,195 ,930

-

2%

April 30 ’06. Oct.

April 0 ’06. 'Oct. 31 ’05.
$7,211,907
$6,758,910
505,930
557,555
1,172.722
1,348,618
282,382
230,262

(Boston).

31 ’00.
$1. 032 ,72 2

-

Colony Trust Co. (Boston).

Total

r\ ^

Total
$3,233,001
$9,752,098
$8 .895,345
Trust department (additional)
$907,341
$970,034
$919,727
ATotc. — interest at the rate of 2% is paid on deposits of $300 and over.

$1,000,000
1,800.0(H)
473,707

1 ,800,000

Rate of interest on deposits of $500 and over
Dividends paid in calendar year

Oct. 31 ’00.

0/0

Total
Trust department
Liabilities—

$7,767,611
508,213
1,190,008

1900.

Old

1905.
2%

5%

Oct. 31 ’00.

$27,890,938 $20,225 ,978 $ 19,535,803

Resources—
Loans
Massachusetts bonds
Other bonds and stocks
Real estate.
Cash in office
Cash in banks

$3,307,825
2%

Resources—
Loans
Bonds and stocks
Cash in office and banks
Real estate

Resources —

Total

over

State Street Trust Co. (Boston).

,2%
0%

$27,890,938 $20,225,978 $19,535,803

Capital stock
Surplus fund
Undivided profits
Deposits in trusts
General deposits payable

20,798

$2,250,330

England Trust Co. (Boston).

Total
Liabilities—

5.478

Liabilities—

1900.

New

$162,522

21,444
25.024
13,282
5,384

1900.

Rate of Interest on deposits of $500 and over
Dividends paid in calendar year
a Successor of Mechanics’ Bank; opened for business July 31

Resources—
Oct. 31 ’06.
Real estate mortgages
$3,523,010
Stocks and bonds
0,908,702
on
Loans
collateral & pcrs’l securities 13,373,972
Real estate
1,075,502
Cash on hand and on deposit
2,507,185
Other assets
442,507

$100,223
2,524,300

...

100,000
5,008

17,811

June 30 ’00. Dec. 31 ’05.

108

_.

|

138,882

$2,524,427

12%

2,628,372
22,658
24,124
17,730
3,763
1,128
9,969
3 07,943
329,606

00,280 j Capital stock
1,500 ! Surplus fund
Earnings undivided
/ 251,442 ! Discount
I

1005.
2%

!

J$930,155 |
\ 802,077 I

$2,182,085
00,820
1,500
279,422

111,050/

Total.
Liabilities—

’05.

1000.
2%

over

Safe-deposit vaults.

June 30 ’06.

450,826
30,023,220

Puritan Trust Co. (Boston).
Resources—
Bonds and stocks.

Real estate
1905.
Bank building
$17,000
Expense account
Interest paid.
19,700
4,000 i Overdrafts
880,000 j Profit and loss
•» or
|
Cash in office
/o
Cash In banks

$19,200
22,400
4,000
900,000

5,000,000

16%

$1,254,547

1900.

—

51,300,000

5,000,000
013,288
33,000,707

Dividends paid in calendar year

..

Total
$1,509,900
Statistics for Calendar Year—
Interest credited depositors during year
Expenses of institution same period
Amount of dividends on company’s stock.
Amount of deposits receiving interest.
Rate of Interest paid on deposits

Oct. 31 *05

$1,duo,000

$41,840,223 $40,174,085 $43,574,055

2,000
Rate of interest

Total
Liabilities—

Oct. 31 ’06; April 30’06.

Capital stock..
Surplus fund
Earnings undivided
Deposits

Amount dividends-on company’s stock
Rate of interest paid on deposits

•_

.

.

w

$ 200,.000

,

500..000

37,,000
4, 074 .000

3 5,.4 11 .000
1900.
1905.
.12%
10%

2%

PHILADELPHIA COMPANIES.
Aldine Trust

Company

Total
Liabilities

Central Trust &

a (Philadelphia).

Resources—
Real estate mortgages
Stock and bonds
Loans on collateral
Loans on commercial paper
Vaults
Furniture and fixtures
Casli on hand
Cash on deposit
Other assets

’00.
$11,400

52.500
30,000

-...

1..

.

Other liabilities.

6,385
14,009
44,981
4,400

Total

Chelten Trust Co.a
Re sou rces —
Real estate mortgages
Loans on collateral
Real estate
Casli on hand
.'
Cash on deposit
Other assets

.$145,700
87.420

10,953
258,141

V>22

$502,830

$4,039,022

$3,798, 429
1900
2 &

American Trust Co.
Resources —
Casli on hand
Due from batiks, &e
Commercial and other paper owned..
Loans upon collateral
Stocks, bonds, &e

•C.

(Philadelphia).

Capital stock..
Surplus fund

31 ’06. June 30 ’00.
$9,165
$14,087

General

75,520
45,757
262,127
1 54 .254

Mortgages

125,766
70,238
29,786

Real estate, furniture and fixtures
Other assets

09,842
06,996
295,230
102.072
1 17.299

Dec. 31 ’05.
$9,021
72,070
95,104
248,308
21 1,143

! Special

(Philadelphia).
Dec. 31’ 06

,605
14,118

276
00. 985
3, 043
19. 550
657

$464,004

deposits payable
deposits

on

demand

$200,000
100,000
80,912

;

45.731
31.421

Total
Statistics for calendar year—
Amount of deposits receiving interest
Rate of Interest paid 011 deposits
a

Commenced business Oct. l

$4 04,064
1900.
1

$132,044
2 & 3%.

1900.

$772,615

$823,449

$814,159

Capital stock.
Surplus and undivided profits
Deposits

$200,000
60,960
5 1 1 ,655

$200,000

Total
Note.—Rate of interest paid on dept
and 3%, on

$772,015
$823,449
ts, 2"5 on deposits subject

Dec. 31 ’00. June 3fi •no. D<
$ 109 .780
?12 ,080
269 ,705
248 ,228
collateral
054 .799
050 ,825
Rea! estate. 1'urnit uro and fixtures
170 ,850
287 7 i> 1!
$814,159
Casli on ham! ami in banks
117 .209
182 *2
to cheek i
Commercial and other paper owned..
107 .857
1 18 .25 1
Other assets.•_
4 ,505
07/

Colonial Trust Co.

■

(Philadelphia).

Resources—

$200,000 1
Real estate mortgages
00,900
Stocks and bonds
553,199 • Loans on

00.900

562,189

.

>

Resources —
A’
Stock invest ments
Commercial <tnd other paper purchased
Amount loaned on collaterals...
Real estate, furniture and fixtures
Cash on hand
Cash on deposit
Miscellaneous

Total




Co.

V.

■

.

,

i

(Philadelphia).

28 ’00. May 20 '00. Nor. 29 '05.

$525,207

$535,372

; ,24 t ,720

1 ,29 4 ,0 20
1 .538,304

,405.501
2 1 0 ,500

180,217

127,028
300.009
l 5.11 0

09 ,04 5
415.364
5.633

$3,894,754
,894,754

$4,039,022

1

LlnbiWU

,

1 ,307

$3,798,4 29

|
1

•520 ,979
244 ,512
i 17 .129
86 ,504
4 I .089

,831

$1 ,500 ,519

$ 1,200,,1 24

$ 250, ,000
268, .72 1

$250,,000

284

2

48

908, •)*j •>
1 8, 568

20 i, ,595
750, 044
485

$1,440,831

$1,500,519

$1,205,124

General deposits
Other liabilities
Total

81 ’05.
$1 1 ,350
2 13 ,501

$250,,000
,

900, 441

91 .568

334,1 14 ;

C.

s—

$540,243 I Capital stock
1 ,1 10.334
, Surplus and undivided profits

1,537.557
183.300

•

?20, 95<>
35 1,

Other liabilities

90,508 !
83,084
4,910 ;

82

3%

5%

Total
Liabilities—

Began business July 23 1906.

Total..
Liabilities

$3,894,754

". $502,830

Total

Concluded.

Nov, 28 ’06. May 20 ’00. Nov. 2 9 ’05"
5750,000
$750,000
$750,000
350.000
325.000
300,000
48.047
39,093
59,86o
2,743,394
2,890,058
2,663,566
3,313
28,871
25,000

Rate of Interest on deposits.
Amount of dividends paid in calendar year

—

I

Savings Co. (Philadelphia)

—

Surplus fund
Undivided prolits

59,143

279,958

Capital stock (paid in)
Surplus fund (paid in)
Deposits, savings fund
General deposits payable on demand
Treasury and certified checks--

a

Liabilities

Dec. 31

Rate of Interest paid on deposits
r.
Amount of dividends paid in calendar year

J 900.
2 A- 3%
.....

20%

Feb, 9

Columbia Avenue Trust Co
Resources—

Commercial and other paper owned

Die. 31 ’05.

$341,638

$367,387
120,983
303,423

$325,046
83,984
304,478
895,135
545,148
306,424

.

collateral

Stocks, bonds, &c

96,563
404.768

853,006

684,440
500 ,667
286,284
I 180,000

447,992

\

414,883

.J

31,362

26,091

252,082
180,000
250,483
44,332

$2,906,460

$2,755,334

$2 ,S19,688

Mort gages

Banking house, furniture, &c
Other real estate
Miscellaneous assets

Excelsior Trust &

(Philadelphia.)

XOV. 26 ’06. May 26 '06.
*

Loans upon

3Q3

THE CHRONICLE.

1907.J

.

\234,883

Savings Fund Co.
$20,445

Capital stock. 1
Surplus and undivided profits

$400,000

$400,000

263,276

241 .792

2,199,588
43,596

2,089,486
24 ,056

...

.

Devidends and miscellaneous.

$400,000
210,159
2,197,529
12,000

Total

-

$2 906 460

Commercial Trust Co.

$2 755 334

Stocks, bonds, &c
Furniture, lixturesand vault.

172,622

239,7Tl)

7.725
J 1.022,772

$1,029.326

$045,415

$210,000
31,6 14
781,158

$210,000
25,331
793,995

$1,022,772

$1.029,326
1906.
2 & 3 ‘*5
4%

3,023,944

57,148
507,064
85,607

58,647
507,064
93,886

Real estate
Other assets

.

Capital stock

Deposits
.

$1,000,000

Capital stock...
Surplus and reserve fund
Undivided profits
Deposits subject to check

1,500,000
494,243
6,976,230

Other liabilities

$1,000,000

1,500,000
331,697
9,836,901

138,574
60.14S
506,545
78,501

-$10,072,261

$1,000,000
1,250,000
513,147

8,328,804

80,580

101,788

Total.

73,710

and over

1905.

2%
10%

2%
10%

Dec. 31 '06. June 30 ’06. Dec. 31 ’05.

$259,445
2,721,450
2.587,404

_

1,468,268

.

104,182
537,313

-

.

$366,830
3,102,419
3.058.152

1,494,816
164,462
y *> |

$453,536
2,687,435
2.817,349
1 .515,589
146,189

•> o |

869,692

151,909

163,018

145,145

$7,919,978

$9,070,9 IS

$8,634,935

$1,000,001)

$1,000,000
1 ,100,000

$1 ,000,000

149 ,363

103,245
6.429 .766

Liabilities—
.

1.100,900
137,696
5,637,268
45,014

Undivided profits
.

6,793,553
28,002

$9,070,918

1 .100,000

£1792
$22V.~622

Liabilities

—

$i2rr.q20

Capital stock
Surplus fund
General deposits
Other liabilities

Total

c.q:24

payable on demaiu:

$2123,022

.

Amount
of
deposits receiving
Rate of Interest paid on deposits-

mu !

$66,124
Z%

-:l

1

Commenced business In November 1906.

(Philadelphia).

Fidelity Trust Co.

31 ’97.
$1 ,167 ,99 l
14 .185 ,316
14 405 .114
2 ,006 ,969
a
133 ,914

July 31 ’06. Dt C ,31'' 0 5.
$2 ,190 .18.3
$1 ,840,584
13 ,657 ,416
12 ,4822)59

Jan

Resources —
Bonds and mortgages
Stocks and bonds
Loans on collateral
Real estate
Cash on hand
Cash on deposit
Other assets

-

—

.

?

.

19 .200 .696
1 ,553 .58 1
5 .350 169

16
1

1

.

'

,1279)97

,4772208

722J98

) •>

,235,29 1

.8 12

2 1 ,697

69^295

,187

$11 .986,,042

$35,,254,232

$2,.000 ,000

$2 ,900,,000

$2,,090“'KK)

8 ,04.3, ,366
31 ,879 ,875
71 .891

7 ,43:006
25 ,7.32,119

4’.

—...

Capital stock
Surplus and profits.

8 .663

,647
,556 ,1 17
23 ,993

Deposits
Othei

liabilities

l’.hI

over
-

rust

2%

1905.
2 & 3%

12%

12'%

(Philadelphia).

_

1 ,01 1

2,151.734
439,493

481,7 27

962,781
1 ,623,686
594,102

J ?»4

509

254

*

28,29 1
377,377

30,19 1

..

4 10 .3 1 3

$4,805,370

420,335

.

Finance Co. of

Pennsylvania (Philadelphia).
’06.

Resources —
Oasn on hand
Due from banks, cve--

—

$4,742,811

Loans upon collateral-Stocks, bonds, No—
Mortgages
:
Other assets

.

.

Capital stock
and

211.573

$500,000
213,987

253

271

$500,000

—

Undivided profits

reserve

fund..

Dividends unpaid

Deposits, special
deposits payable on demand
Deposits special settlement

General

1,477.909
2,415,161

.

.

.626,861
2.393,757

Total.

.520,749
2,299,152

72,174

70,494

22,715

$4,677,070

$4,805,370

$1,742,81 1

1906.
2 & 3%

1905.
2 & 3%

6%

5%

and

over

Empire Title & Trust Co.a (Philadelphia).
Xov. 20 ’06. 51 a y 26 ’06. A 'O'). 28 ’05.

Resources—

Cash on hand
Due from banks and bankers
Commercial and other paper

purchased

Loans

Stocks, bonds, &c
Mortgages
Real estate, furniture and fixtures
Miscellaneous
Total
Liabilities—

Capital stock (paid In).
Undivided profits
Deposits

-

$10,646
20,460
98.1 ID

107.450

14,306

10.107
104,076

10,119
51,600

58,651
6.443

-

15,379

58,184
6,616

57,005
7,439

$334,239

$298,155

$150,263
5,240
186.922

$149,187

$148,134

1,190

Xotc.— Rate of interest on

26,031

$343,615

Miscellaneous

Total

$12,827
36,336

$11,856
25,99-1
8,626
101,5)50

115,792

3,556
145.825

4,452
179.414

640

1,186

$343,615
$334,239
$298,155
deposits of $500 and over, 2% on deposits sub¬

ject to cheek and 3 h>% in savings department,
a Began business Aug. 1 1905.

Total
J.iabilUies—

Capital stock
-.
Undivided profits and reserve fund
Deposits
Bills payable
.

_..

Loans on collateral
Real estate
Cash on hand and in banks
Ollier assets

—

Surplus and reserve fund
Undivided profits
General depo f s
Next dividend

225 ,990
—

-.

Rate or' interest on

deposits or $500 and over—

calendar year

4,154.816

$7,5)3,885

} 3.493,200

$3,493 ,200
1 ,565 ,435
1 ,497 *» ;> •)

$.3 .4'to; 00

,680,120
2,157,378
590,000
1

-

500

[ooo

l ,08 i

84 7

$7 .021 ,779

$0,966 ,7 14

$1 ,000,000
225,999
5 1 ,799
4

,315.600
30,000

30,000

$5,476,604

$5,622,390

1906.
2 & 3%
6 %

1905.
& 3%
6" o

2

34

1

.165;'

1

,735. 86

1

Me*

$7

.51-V

6",)

30

fdX>

4

H&K£rex

& Safe Dep.o(Phila

delpijuh).

& 1

ex.

Dec. 31 ’06. June 30 ’06. Dec.,.51. .’05
.JA)
$377,205
$371,320
1,038,166
1.053,2 9 9
2 18,17,4
335,151
406,620

—

...

52,5 35

26,(too
54,866

60,482
26,000
41 .025

120,158

138,945

$2,097,298

$2,030,974

$1,794,312

$125,000
425,000
11 ,825

$125,000
75,000

$12 (Ql)00

44,613

?0r.i

,831,714
3,759

1,783,236
3,125

1.566 >3 6

$2r0»7,29S
Total
$2
097.29S
Statistics for calendar year—
Increase profit and loss for year, inel. -nrpl us . -. =
Interest credited depositors during > ear.
...

$2,030,974
1906.

$1,794tr.r2

—

Total:
Liabilities—

Capital stock
:
—
Surplus and reserve fund
Undivided profits
General deposits payable on demann
...

and time
Dividends payable

l

-

- -

-

Expenses of institution, same period
Amount dividends on company’s stock
Amount deposits receivin'1- interest

•f*t

$217820

38,079

-

•• *<

19 (IV

$36,874

.

—

A.31

1 1

13,146

fu-'To

6,875

1,714
1.831,714
1.56^237
—2% eh celt; 3% fTrf%.made to State to chance name to Frai«kb Includes vault, furniture and fixtures.
—

.

Rate of interest, paid on deposits
a In January 1907 application

Resources—
Bonds and mortgages...
Stories and bonds
-\n.ount
loaned on c'diaierals'
.

personal securities:

--—

.

—

’96.

May ”9 ’96.

$66,635
198,851

98,697

1 ’05.

Dec.
i

:.r(;r»82

458 884

t-1,877

418,571
16,”89

36.6 n
.>.’58

38.18.3
5,1 :• 8

75. M3

$788,769

$653,658

$'100,(1 »
■57,658

$*.’99 09*)
<•.•». 7 3 5
399,87-3

•.46,9* 1

-

.....

..

(Philadelphia)

$66,-1.35

at

...

—

Ca-h on hand
Cash on deposit.....
Other assets

3rt;.f04

14 .000

13,500

—

CHA.j 4

—

1 3

,P?>3

5.V38
!

Total.
Lhtbirnir*

.

Capital s-t.iri: n.nfd in

Surplus and unoivkh
hcp'lj It'Other iiabl’Ities
.

1w -a

-

396

_

,965

$“eo;bfn)
6

5.835

47

7,362
43

39
.
i

$5,147.997

Total

Dividends paid in

89,196
4,112,891
30,000

$1 ,090,990
225.999
66,788

$6,966,714

$5,622,390

—

$1 .909,999

$7,921 .779

-

Resources—
Real estate mortgages
Stocks and bonds
Loans on collateral
Loans on personal securities
Real estate
Cash on hand
Cash on deposit
b Other assets

-.

Capital stock

4,987

.

Frankford Real Estate, Trust

—

$5,476,604

13 ,909

Franklin Trust Company

21

-

1,253

Rate of interest on deposits of $500 /uni over
Dividends paid In calendar year—1st. prof. stock-.
2d |.r< f. stock._

ford Trust Company,

’06. June 30- ’06. Die. 31 ’()5.
$196.1 15
$160,680
$214,140
1 ,593,993
1 ,172,467
1 ,220,2 1 8
2
2 ,755,570
,6X9 ,689
2,639,271
425,730
156,174
409,960
7 16,75 1
667.156
532,614
176.224
10 1 ,355
178,971

h e.

..

Total

Equitable Trust Co. (Philadelphia).
Resources—
Reel e-date mortgages
Storks and bonds

t I

467,023

27

1

200,163

Other liabilities

Rate of Interest on deposits of $500
Dividends paid in calendar year

1

$500,000
200,00 1

.

..

Miscellaneous liabilities

-

.

•
.

.

May 2<» ’06. Xov. o.s,:o5.
$6,608
D.331
66: -633
522,495
i 20,560
17 oo
1 ,571 ,659
,808,599
4,73! ,483
,029,535

$6,956
878,2 1 2
35,000
300,(06
175,829

.

Cominertia! and other paper owned

,906
2,258,6./4

1,008.885

_

V*

UP 2 16 137 $41 986 942 $•35 254 232

$8,634,935

Dec. 31 '06. June 30 '06. Dee. 31 ’05.
$647,191
$1,141 ,398
$630,290

Resources —
Real estate mortgages
Stocks and bonds
Loans on collat eral
Cash on hand and In bank
Overdrafts
s
Other assets.
.

Co.

89,097

1 ,924

1906.




4-%

Dec

T'Bai

Total
Liabilities

ll»<‘5.

7 labilities—

Capital stock paid in
Surplus and reserve fui

Liabilities-

,765

$945,41-5

Total

a

.

741

Resources—
Real estate mortgages
Loans on callatera!
Loans on personal securities.
Real estate
_*
Cash on hand-Cash on deposit.
Other assets

Commonwealth Title Insurance & Trust Co. (Philadelphia).
Resources—
Real estate mortgages
Bonds
Loans on collateral
Real estate
Cash on hand
Cash on deposit
Other assets

_

p.650

$12,749,178 $11,165,661
1906.

Rate of Interest on deposits of $500
Dividends paid in calendar year

.

over

400
..

Federal Trust Co .a (Philadelphia).

$10,072,261 $12,749,178 $11,165,661

Total-..
Liabilities—

W?0

_

Total
Liabilities—

(Philadelphia).

3,095,066

76 ,.'.'5 7

376,l$t'2

240,250
35.169
5.81 3

Other assets.

$2 819 68S

Dec. 31 ’06. June 30 ’06. Dec r31 ’05.
$44,323
$75,769
$48,321
984,233
2,387,613
907,332
6,629,703
353,337
5,344,275

Resources—
Cash on hand
Due5from banks, &c
Loans upon collateral-

127,8 1 7

387,043

30 ,4 i 9

and
.

79 .61 7

422,450
180,600
281,690

*05.

$:‘Ajs99

$28,363
204 ,8 71

Undivided pr<

Liabilities—

(Philadelphia).

Nov. 26 '06. May 29 ’06.
06. Die. 31

Resources—Cash on hand
Due from banks, &c
Stocks and bonds
Loans upon collateral.
M or t gages

Total
Rate of Interest on dcpn'i’? of $599 \r,
Dividends paid in calendar year

$788,7 59

$655 6

'■

i

t;
7595.

1 t'OG.

...

& ;> i.'
3'4

•

2

A 3 %

.

5 %

Industrial

Gorman-American Title & Trust Co. (Philadelphia).
Dec. 31 '06. June 30

Resources—
Cash on hand
Due from banks, Ac
Loans on collateral

141,900
579,454
683,160
375,000
31,157

Heal estate, furniture and flxtures
Other asset )
Total..
Liabilities—

275.000

35,364

29.284

$2,710,106

$2,803,793

$2,743,846

if500,000
207.275
1.387,973

$500,000

2,066.499

14 ,858

$500,000
183,253
2,095,188
25,352

$2,710,106

$2,8^03,793

$2,743,846

1906.
$140,742
45 453

1905.

$120,846
41.785

31,741

30.694

14,994
1,900,933
2 & 3%

14,994
1,755.453

Capital stock
Undivided profits and reserve fund..
Deposits
Other liabilities
Total

Sint,, lies for fiscal year entiiny 3cvt. 30.
Total pnhit; for year
Iuleie-ii er*-d.tc-.l d- nositors during year..

Expi’i-scs

in tltn ion, same nerlod
Amount of divdi.' t.us on company’s stock
Amount of 'k; i.v.ts receiving Interest
Hate of Uil< rest paid on deposits
<u

C-cm .in town Trust Co.

Iteal e.rtHte,
Other assel ;

ac..

urn.i me

_

and fixtures

Total
Liabilities —
Caolt il -hnck

..

$600,000

629.665
3.704.528

$600,000
602,713
4,014,204

$600,000
577,087
3,516,573

S4.034.193

$5,216,917

$4,693,660

..

Surplus and proOis

Deposits

$274,758
2,188,456

237,896

$373,177
2,475,582
1,506,238
839,627
238,050

$5,317,236

$5,432,675

$4,976,351

Deposits

4,171,714

$500,000
532,000
41,366
20,000
4,339,309

$350,000

Dividend

$500,000
575,000
40,522
30,000

41,366
14,000
4,078,985

$5,317,236

$5,432,675

$4,976,351

853 157

Resources—
Real estate mortgages
Stocks and bonds
Loans on coll. & comm’l paper
Real estate.
Cash on hand
Cash on deposit
Other assets.-

Dec. 31 ’06.

Date of Interns'; on deposits of $500 and over
Dividends paid lu calendar year

1906.
2%

1905.
2%

8%

7

May 26 ’06.
$17,600
$12,000
244.410
162.679
134,620
276,645
119.670
155,058
93,040
15,552
16,942
26,649
11,940
12,699
60,809
32,661
3,001
5,001

Cash on handCash on depositFurniture and fixtures
Other assets--

Capital stock
Surplus and reserve fund
Undivided profits
Deposits In trust
General deposits payable

on

Other liabilities

Nov. 28 ’05.

$1,026,900

1,772,424

1,797,423

1 452,865

1,521,220

1,403,429

1,295,267

83,942

83,942

166,613

403,514

273,254

J 94,030
\377,805

5.721

3,119

312,308

$4,929,721

$4,761,929

$4,725,878

$500,000
650,000

$500,000

100 267

$500,000
600,000
115,647

\
demand./ 3,639,035

3,500,497

(1,648,219
11,870,186

40,419

45,785

29.150

$4,929,721

$4,701,929

$4,725,878

purch.
1

J
....

575,000
103,317

1906.
Rate of interest
Dividends paid

%

paid on deposits of $500 and
In calendar year

Tn vestment Co,

$6,000

Due from banks, Ac
Commercial and other paper
Loans upon collateral

17,886
12,716

owned._

Stocks, bonds, Ac

(Philadelphia).

4,924

Total

’06. NOV. 28 ’05.

393,289

55,765
1,127,805
4,961,270
389.499

$9,342
233,155
51,345
525,986
4.373,479
376,499

$5,754,999

$6,648,627

$5,569,806

$2,000,000

$2,000,000

l,000,000
218,381
1,486.014

1 ,000,000

$2,000,000
1,000,000
58,827
1,310,400

.$14 077
100,121

$26,543
192,024
54,409
1,057,902
4,030.832

Ollier assets

39.646

2 and 3%
8%

over

Nov. 28 ’06. May 29

Resources—
Cash on hand

192.959
216.870
163,200
6,489

3.434

Liabilities—

Total
Liabilities—

Capital stork-

July 1 ’06.

$1,200,762

Total

Dec. 31 ’05.

Nov. 26 ’06.

492,000

Liabilities—

Girard Avenue Title &. Trust Co. a (Philadelphia).
Resources—
Real estate mortgages.
Stocks and bonds
Call loans on collateral
Time loans on collateral
Commercial paper
Real estate

822,617
247.778

,$1,142,900

Total

-.•Total...

1,442,741

Integrity Title Ins., Trust & Safe Deposit (Philadelphia).

(Philadelphia).

$4,693,660

Dec. 31 ’06.

$378,879
2,374,023
1,473,281

Total

%.

$5,216,917

(Philadelphia).

June 30 ’06.

Capital stock
Surplus and reserve fund
Undivided proflts (net)

14,707

54 ,934,193

Oo.

Savings
Dec. 31 *06.

Liabilities—

162.639

2 & 3

Title

Mortgages and ground rents
Stocks, bonds, Ac
Real estate, furniture and flxtures._

Dec. 31 '06. June 30 ’06. Dec. 31 ’05.
$572,745
$537,929
$496,481
2,765,615
2,621,777
2,957,74-4
386,704
313,017
387,531
1,178,025
1,090,306
920,233
193.829
192,63:
155,987
14,300
15,529
42,327

Resources—
Cash on hand, due from banks, Ac
Loan) upon m’.iat r.i.l
Loans upon Im^us anil mortgages

Stocks, bonds,

$29,728

741,784

Trust,

Resources—
Cash on hand and due from banks
Loans upon collateral

120,171
979,606
691,856
618,201
275,000

923,654
694,946

958,274

Mortgages

Dec. 31 '05.

06.

$30,920
102,125

$41,071

Stocks, bonds. Ac

•

[VOL. LXXXIV.

THE CHRONICLE.

310

$721,744

Surplus fund
Undivided proof'

Deposits, special

$200,000
100,000
7 ,591
76,328
297,319

100.000
IS.243

-

_

110,085

...

Geucral deposits, payable on deman< .1
Miscellaneous-

$664,124

$681,238

$200.000

...

293,088

Capital stock
Surplus and reserve fund
Undivided proflts
Deposits
Bills payable

$199,350
99,67")
3,656
57,006

1.745,000
208,590

1,200.000

100,604

$5,754,999

$6,648,627

$5,569,806

950,000

Other liabilities

304,436

328

80,367
1 ,614,670

Total

579

**

Total

$721,744

Statistics—
Total of profits
Interest credited

$664,124

May 26 ’06.
$16.7S1
$8,166
3.270
2,926

6,222
400,000
2 A 3 %

.

Girard Trust Col

1.834

8,603

375,000
2 A 3 %

All
2 A 3 %

(Philadelphia).

Ca

$5,316,025

.

Lc
Securities
Real e-<ate
Other assets

.

$5,152,089
21,613,800
12,626.36.3
3,100,723
12,300

$5,202,561
22,865,134

20,286,375
11.327,057

.

12,241,606
3,243,951

12,300

Total

12,300

.$40.669,102 $43,565,552 $42,505,275

Llab lli Res—

Capital stock
Surplus fu,"l_.
Undivided

31 ’00. June 30 '06. Dec. ,30 ’05.

Dec

.

pro’its

Deposits

.

Dividend
Total

$2,500,100

$2,500,000

7.50M
1,809 750
28.559.65 2
3"0.on*i

7,500,000
2,082,855
31.182,697
300,000

$40.nO.) .402

$2,500,000
7,500.000
1,704,432
30,500,843
300,000

deposits of $500 and
Dividends paid la r deodar year
’-rs:

on

Guarantee Trust

&

Sate

llesourcfs—
on ha,. !_
Due a- mi banks am! bankers.
Limns u;.o*i cid ,ir<;ini
Lon 's ■; mu poo % nod mortgages
’Stocks, •mills. Ac

Deposit

Real
Other

p-

-l

.

24%

20%

j

.

«

V

\2,504,566
850

53.950

9, 644
“V,, i::

604.414
76,014

2,393,289
57,450
606,882
80,954

“.68

$7,325 095

$7,927,309

.■>"•, ’.O.)
’..'I!,,oor
**
7. 7 5 5|
4' ‘ ,869

$1,000.000
300,000
60,764
5,761,071
3.260

$1,000,000
450,000
68,202
6,393.122
1 3 ,985

$7,325,095

$7,927,309

37

.

'•

tat.\ furniture and fixtures.
a -•..-•el-

1905.
2%,

(Philadelphia).

..

Mortga

2%

r.

Jan. 31 ’07. May 26 ’06. NOV. 28 ’05.
$675. 220
$44,262
$57, ,355
1 50 1 .41 5
636,095
3,215. 4 20
3,385.178
3,990,509
_» 2.402. •*>
f
155,296
106.775

Cash

_.

<;v

,

•

...

Kensington Trust Companya(Philadelphia)
Resources—
Real estate mortgagse
Loans on collateral
Loans on personal securities
Cash on hand
Cash on depositOther assets

$41,055
169,483
101,991
6,777
40,767
7,966

Total
.

$368,033

Liabilities—

Capital stock
Undivided profits
Deposits In trust
Deposits subject to notice
Special deposits

r

Total
a

$368,033

Statement for the first 7 H months the company

The Land Title & Trust Co.
Resources—
Cash on hand
Due from banks, Ac
Loans upon coll. & bonds
Stocks, bonds Ac

’

.

.

'

,

Other I'abllitif

O

»

Total.

$394,(170
1,813,135
6,231,737
3.307,317
470.850
1,336,060
414,948

& mtges..

-

Mortgages

:

Real estate, furniture and fixtures
Other assets

.*

,36 8

4

1906.
1'

1

'

mot

V
I

Hamilton T:

.

2f
-

Checks, and due from banks, Ac

-1

■..

;
.

'

*

Mortgages
Real estate, furniture and fixtures..
.

Total




reserve fund.

1

»

1

CI

.

:

?

i

225. .702

184,372

$1 -so .351

$2,052,783

$1,546,295

$400 .•■09

$300,000

136. .097,
4 ’i

$400,000
130,274
1,522,509

91,231
1,155,064

$1.-89 •■>:

$2,052 783

$1,546,295

*

152,645

'

1,002.727
458,291

1.004,164
421,994

.$13,968,117 $15,226,529 $14,741,855
$2,000,000
2.000.000
620,922
9,347,195

Undlvldcd profits.

$2,000,000
2,000,000
473.079

10.753.450

$2,000,000
2,000.000
294,625
10,447,230

.$13,968,117 $15,220,529 $14,741,855
Rate of Interest on

deposits of $500 and

1906.
2%

over

Dividends paid In calendar year

Lincoln

10%

1005.

2%
8%

Savings & Trust Co. (Philadelphia).

Resources—

Nov. 26 ’06. May 26

Cash on hand

•00. May 26 ’06. Dec. 31 ’05.
.2-12
$37,903
$54,127
.025
147.942
103.782
118 2
375,7 26
339,221
.04 8
51 1,706
378,774
;30
279,500
192,400
,*711
170.446
322,284
...50
193,350
154,900

Liabilities—

Capital stock
Undivided profits and
Deposits

f

,

_.

Total

1

Philadelphia).

f

Resource sCash on hand.

Commercial and other paper owned.
Jkians upon collateral
1
Loans upon bonds and mortgages.
Stocks, bonds, Ac

»

June 30 ’06. Dec. 31 '05.
$269,064
$345,568
2.912,945
2,530.312
6.877.020
6.119,186
3,461.588
3,4 7 5,2(> 5
613.850
476,410

Llabtllties-

.

‘

Rate of Interest paid on drpn
Divkieiuis paid lu calendar ye

has been In business.

(Philadelphia).

Dec. 31 '06.

.

.

Surplus tund
Umllv i > i y.ro'Us..
DepO'i s

.$150,000
128
189,484
27,040
1,372

«.

.

Total
LlahHRus CapUa! toes;

Dec. 31 ’00

•

$43,565,552 $42,505,275
1906.

Rate of in;<

2%
6%

.

$3r,656

;> i ■)

Began business June 12 1905.

Resources—

1906.

Rate of Interest on deposits of $500 and over
Dividends paid In calendar year

June 1 2 to
Dec. 31 ’05.

Nov. 26 ’06.

depositors
Expenses of Institution
Amount of deposits receiving Interns r.
Rate of Interest paid on deposits
a

$681,238

Due from banks and bankers
Commercial and other paper owned.
Loans upon collateral
Loans upon bonds and mortgages
Stocks, bonds, Ac

Mortgages, Ac
Real estate, furniture and flxtures
Other assets

Total

_

;

$4,625
27,466
1,200
47,023
5,000
35,122
221,663
49.249

’06. Nov. 28 ’o5.
$8,592

$3,784
51,976

1.200
36.844
97,874
33.147
163,346
39.195

40,239
54,831
97,500

30,505

28,525

165,326
39,082
27,686

$421,853

$455,891

$433,256

$132,000

$132,000
12,655
309,297
1,939

$132,000

13,631
274,182
2,040

$421,853

$455,891

$433,256

Liabilities—

Capital stock paid In
Undivided proflts
Deposits
Other liabilities

Total

13,400
285,810
2,046

Feb. 9

Pelham Trust Co.a

Manayunk Trust Co. (Philadelphia).
Dec. 31 ’06. June 30 ’06. Dec. 30 ’05.

Resources—

$425,949
425,786
9,735
373,775
171,804
36,860
34,236
122,934
8,928

$421,720
433,108
9,810
370,705
88,044
36,860
21,210
94,674
8,547

$400,546
373,514
8,415
371,776

$1,610,007

$1,484,678

$1,422,725

Stocks and bonds
Judgment notes

Loans on collaterals
Loans on time
Real estate and fixtures.

Cash on band
Cash on deposit
Other assets
.

81,963

36,860
25,340
116,577
7,734

Liabll Ities—

$250,000
100,000
18,886
359,654
737,149

$250,000
100.000
26,957
438,404
763,112
31,534

rp

iu!
Undivided
profits
General deposits,
Special deposits.

d

_

Other liabilities—
^

-

$1,610,007

_

it Co.

18,989

$250,000
100,000
18,459
381,568
665,804
0,894

$1,484,678

$1,422,725

(Philadelphia).

$34,600
146,576
249,300
1,837

4.433

10.121
IS.527

Total
Liabilities—

•

Capital

stock
Surplus fund

.

Undivided profits

payable on demand

Total

9,265

1.932

4.248

$462,853

$355,577

$150,000

$150,000

37,500

37.500
973

268,387

161,030

3,4T5

6.074

$462,893

$355,577

,

General deposits
Other liabilities

’06.
$8,500
12S.189
200,200
742

D(c. 31 ’06. June 30

Cash on deposit
Other assets

3.531

Statistics for calendar year—
Interest credited depositors during year
Amount dividends on company’s stock
Amount deposits receiving interest
Rate of lnt. paid on deposits: On check accounts..
do
On saving fund accounts.
do
a

’06. Nov. 2 8 ’05
$10,514
$8,956

(Philadelphia).

Resources—
Real estate mortgages
Stocks and bonds
Loans on collat eral
Loans on personal securities
Cash on hand

1906.

>■

$2,544
None.
268,387'

2%
3M%

Began business May 1 1906.

Nov. 26 ’06. May 26

Resources—
Cash on hand
Due from banks, &c.

$20,139
97,446
1,126,776
82,800
425,058
49,809
167,033
7,489

.

Stocks, bonds, &c.
Mort praxes
Real estate,
Other assets

311

THE CHRONICLE.

1907.]

furnlf

73,519
1,148,126
102,000
437,120
136,783
101,204

$1,976,550

76,61 1

1,163,482

7,558

152,300
335,639
175,076
56,349
22,510

$2,015,266

$1,992,481

Liabilities—

rp!
Undivided profits.
_

Total.

..

$500,000
50,000
69,823
1,356,727

$500,000
50,000
61,22 9
1,404,037

$1,976,550

$2,015,266

$500,000
50,000
55,892
1

,386,589

$1,992,481

1006.

1005.
& 3%

(2%
.'t5%

and over.

Rate of Interest on deposits of $100
Dividends paid In calendar year—

i

5%

Pennsylvania Co. for Insurances on Lives and Granting
Annuities (Philadelphia).
Nov. 26 ’06. May 26 ’06. Nov. 28’05..
$899,180
$592,568
$741 875
1.892,986
1.693,49$
1,470,324
215,000
188,000
175,000

Resources—
Cash on band
Due from banks, &c

Commercial and other paper
Loans

upon

collateral

.

Stocks, bonds, &c
Mortgages
Real estate, furniture and fixtures...

8,825,033

8,409,325
3,634,227
1,955,867

10.438,193

933,635
4,961,481

933,635
5,961.701

933,635
5,823.023

4,085,504
2,129,867

Other assets

3,642,178
2.064 ,627

523,322,719 $23,595,309 $25,682,334

Total
Liabilities—

Capital stock
surplus fund
Undivided profits
Deposits

2,000,000

$2,000,000
2,000,000

81.790

90,019

$2,000,000

-

1.660,761
17,580,168

Other liabilities

1.431,678
18,073,612

$2,000,000
2,000,000

1.242.790

20,356,188

83.356

523,322.710 $23.595,309 $25,632,334
1905.
ending Nov. 30—
1906.
$606,808
for year
$714,715
509,969
Interest credited depositors during year"
467,036
261 .803
278.033
Expenses of Institution for same period
4 00,000
Dividends on company’s stock
400.000
Total

Fiscal year
Total profits

Mortgage Trust Co. of Pennsylvania (Philadelphia).
Resourced-

‘Nov. 26 ’06. Mav 26”06.

Nov.'/lS, ’05.

47,582
4,200

$3,844
5 1,453
272,892
2,744,754
558,847
48,283
6,296

$5,934
73,890
272,896
2,922,719
637,787
51,1 15
10,748

$3,582,170

$3,086,369

$3,975,089

$7,607
88,987
271,250
2,638,374

Cash on hand
Due from banks, &c
Call loans upon collateral
Loans upon

bonds and mortgages

524,170

Mortgages at cost
Real estate
Other assets.

—

Total

$500,000
296,990
153,607
7,473
2,024.100

Capital stock
Contingent fund
Deposits subject to check
.

Rent account

.

—

.

Debenture bonds
*

Total

Northern Trust Co
•
Resources—
Real estate mortgages
Bonds and Investment
Loans on collateral
Real estate

Cash
Accrued Interest

.

$3,582,170

•

$500,000
282,473
109,596

$500,000
294,725
132,464

2,794,300

3,047.900

$3,686,369 7-$3,975,089

(Philadelphia).

securities

-

..

$1,105,041
2,729,903
3,724,989

$1,095,520

219,157

206.077

600,214
30,863

517,334

$8,419,167

Total...

2.786,927

3,436,756

$8,042,614

$1,057.955
2,882,708
3,306,894
216,077
539,044

$8,002,678

Liabilities—

Capital stock
Surplus fund

Undivided profits General deposits payable on demand.
Gen’l deposits pay. on 2 w’ks’ notice.

1

Total

3,177,460

800,000
54,106
3,530.008
3.118,564

$8,419,167

$8,042,614

$8,002,678

167,700
3,773,008

1905.

1906.

Statistics for calendar year—
Interest credited depositors during year
Amount dividends on company’s stock
Average amount deposits receiving Interest
Hate of Interest paid on deposits

$161,608
50,000
6,442,000
2 &’3%

$152,462
57,500
6,266,000
: - 2 & 3 %

Philadelphia" Trust "Co(Philadelphia).

North

.

$500,000

$500,000
800,000
101 ,954
3,452,636
3,188,024

$500,000
800,000

Resources—
Dec. 31 ’06. June 30 ’06. Dec. 31 *05.
$264,779
Bonds and mortgages
$236,745
$237,230
136.655
166,309
167,267
Stocks and bonds
140,745
339,481
210,106
Amount loaned on collaterals
101 ,816
130 317
114,105
Amount loaned on personal securities
17.568
33,111
Cash on hand
19,379
77,511
39,594
21,746
Cash on deposit.
50,209
53,670
51,318
Other assets
—

—

securities owned.

Real estate, furniture
Other assets

and fixtures

..

.

$1,790,169

$1,739,447

$441,100

$441,100
598.281

Liabilities—

Capital stock
Undivided profits
Deposits subject to check
Bonds and mortgages payable.
Bills payable
Other liabilities

Dec. 31 ’06. June 30 ’06. Dec.' 31 ”05.

Dec. 31 ‘06. June 30 06. Dec. *31 ’05.
$2,918
$1,693
$3,946
99 .378
46,596
45.960
44.951
46.372
59,150
441 .644
380,616
373,785
491 .834
419.192
482,761
793 402
761 ,4 56
761 .456
16,880
20,630
24,759

Resources—

Cash on band
Due from banks, <5cc
Accrued storage charges
Loans on collateral

investment

Liabilities—

{

Pennsylvania Warehousing & Sale Dep. Co. (Philadelphia).

598,281
398.877
120,000
200,518
31,303

~

$1,790,169

Total

i over

Dividends paid In calendar year.

408.480

$441,100
598,532
401 ,895

120,000
130,518
41,068

120.000
162,408
59 ,834

$1,739,447

$1,783,769

1906.

1905.

2%

2%
SM%

10%

Philadelphia Mortgage & Trust Co. (Philadelphia)„
Resources—
First mortgages on

Dec. 31 ’06. June 30 ’06.

$145,546
46,756

real estate

City and county warrants
Stocks and bonds
Contract sale account
Accounts receivable

44.170
27.968

__

21,755
91 ,193

Accrued interest
Heal estate furniture and fixtures
Other real estate
Cash in banks, &c
Time and call loans
Other assets

$161,595

Dec. 31 *05.
5109 ,289

46.775
1,670
20.801
25.960

88,964
173,098

85, 857
173 ,008

732,052
64,694
30,800

848, 275

51,282,009

$1,346,306

$1,406,336

$500,000
496,500
18,819
61.939
50,000

$500,000
510,300
19,878
*18,044

$500,000
521,300

174,300
673,154
57,227

231

,233

$981,379

$870,916

$751,366

Liabilities—

Capital stock
General deposits payable

_

on

demand.

Other liabilities.

$150,000
791,045
40,334

$150,000
695,295
31,621

$150,000

$981,379

S 87 6.916
1906.

$751.366

571,850
29.516

i

Total
Liabilities—

...

Capital stock
Company’s bonds outstanding
interest coupons due Jan. 1
Due depositors
Bills payable

Mortgage—106 & 108 S. 4th St
Contingent fund
Undivided profits
Total
Note.—Interest at rate of 2% Is

-

80.000
57,758

17,073

17 119

47,517
150,000
80,000
69,576
20,824

100,090
80,090

69.853
18.231

$1,282,069
$1,346,306 $1,406,336
paid on deposits of $500 and over.

Philadelphia Trust, Safe Deposit & Insurance Co. (Phila.).
Dec. 31 ’06. June 30 '06.

Resources—

Cash on hand
Due from banks, &c
Loans upon collateral

Stocks, bonds, &c
Mortgages
^
Real, estate, furniture and fixtu

_

.

—

Total
Rate of Interest
Dividends paid

on

2%
4%

deposits of $500 and over

In calendar year

1905.
2%

Other assets

Mortgages for Investment
Bank building, furniture and fixtures.
Miscellaneous
Total

(Philadelphia).

.

Dec. 26 ’06.

May 26 ’06. Nov. 28 ’05.
$40 ,435
'$62,404
39 ,954
59,125
118 ,689
192,775
193
227,106
,337
212,325
86 ,000
221,200
204,200
7 ,934
38,139
15,879

$94,138
67,652
193,371

332

622

263

$824,938

$764,330

$486,612

$150,000
50,000
17,448
607,490

$150,000
50,000
-11,034
553,296

$150,000

$824,938

$764,330

$486,612

Dividends

unpaid.

Profit

over

all expenses

Deposits
Total


http://fraser.stlouisfed.org/
Federal Reserve Bank
of St. Louis
^rgBignaaM

300,000

300,000

35,901

35,962

Dec

31 ’05.

$245,459
342.199

4,710,883
6,376,910
243,700
300,000
35,276

2,817
283,795

$1,000.000

$1 .000,000

3,497,325
7,534,343
2,663

3,520,839
7,513,359
1,864

3,452,376
7,801,347

1906.
17%

paid In calendar year.

Provident Life & Trust Co.

704

.

Real estate.
Cash on hand.
Due from banks and bankers.

1905.

16%

(Philadelphia).

Nor. 26 ’06.

Resources—

.

50,000

$1,000,000

$12,036,062 $12,254,427
Dividends

Liabilities—

Capital stock
Surplus

$239,444
332,469
4,693,858
6,385,629
48,700

.$12,034,331 $12,036,062 $12,254,427

4%

.

F7 Resources—
Cash
Commercial paper
Collateral loans
Railroad bonds for Investment

$320,434
572,397
5,738,783
5,041,516
19,300

Liabilities

Northwestern Trust Co.

,

$346 ,270
4.827 ,258
8,321 ,649
25 ,622
224 766
502 ,967

May 26 *06. Nov. 28 ’05.

$341,274
5,074,1 19
7,747,289
28,668
207,306
1,248,204

*

K.

.

Total

li '?

48,444

$344,378
4,819,626
8,720 942
28,768
154,113
1,251,058

.$14,308 ,532 $14,646,860 $15,318,885
.559,056 ,468 $58,463,913 $56,752,779

3J 2

THE CHRONICLE.

Provident Life Sc Trust. Oo. (Philadolphia;—Concluded.
] A "'rllths—
0.1.1
•.
Mile V

*

-

-

.

S’d.'ji'1:. aii.i ii-trvi
I in-.!'.. Ini I)/.<n i -•

l.si.u.

.

p>:-r}

in iihMdii' on'!

<

*!'«>•
In*...* .ire tii-p .rt.n.

»S- <’ i'ic.i jUr

n

1.:’ *8,582
•

.

jr-titl

Pij"

.

u

‘,o,408

:1 l X
£> <8.405.o.:;

Jan. 31 ’07. May 26 ’06. .Vor. 28

f

•

Duejrom banks, ike

;$ 1.14,707
l 000,819

2,416,074

3,002,4 73
2,500

804,929
379,047
22,805

975,025
379,047
5,537

$4,499,280

$5,780,168

$4,804,503

$1,000,000
317,023
3,181,057
3,181,657

SI .000,000

288,769
4,491,399

$1,000,000
269,651
3,534,852

Real Estate Title Ins art a;.’
Kent (Mate mortgag
S.nrl:-, and bonds
I.o.im*. on collateral
Krai citato

31

$4,499,280

$5,780,168

$4,804,503

Ollier assets

Total

Kate of interest

248,277

.'10,020

$0,240,512

$5,598,686

Demand loans.
Mortgages

.‘.<>0,000
050,000
57,400
,004,681
46,885

$1,000,000
000,000
34,320
4,573,408.
32,775

$1 ,000,000

Banking house

.810,020

$0,240,512

$5,598,686

2 .204,150

deposits of $500 and

over..

Resources—
Cash
Time loans

(Philadelphia).

Jan.

Undivided profits

.

.

.

deposits
Ollier, liabilrtles.
Total

F-UitiotlCs for Calciutc.r year- Aiiiou <t of dividends on company's
Amount of deposits receiving Intcrci
Hate of interest paid on deposits.

4

1000.

1905.

$60,000
4,012,150
2. 2)4. 3%

4.004.050

-2, 2)4

.

3%

,

104,924

99,092

$2,960,455

$3,073,074

$500,000
50,000

25,974

1,479,508
862,806
3,977

$500,000
50,000
45,391
1,523,294
933.442
21,547

$2,697,408

$2,960,455

$3,073,674

Liabilities—
Capital stock
Undivided profits
to chec

Miscellaneous liabilities
a

Real Estate Trust. Co.

(Philadelphia).

.

Resources—-

308,077
266,561

$500,000
65,000
40,030
1,409,460
650,944

Surplus
Deposits subject
Special deposits

Jan.

1 '06.
$302,679
160,608
817,200
186,175
.856,513
308,077
314,699
127,723

.012,151
31 ,717

$00,000

'07. June 30 ’06.

$238,545
112,826
836,111
212,250
886,993

Other real estate
Miscellaneous assets

450,000
104,818

1

$288,054
84,813
699,843
215,697
747,420
308,077
248,580

Bonds and stocks

Surplus and reserve fund

1905.

/O

4%

Union Trust Co.

I.lafflltles—
Capital stock

5,614

1906
on

Dividends paid In calendar year.

$570,118
1 ,20 1,404
2,545,117
520,404
53,303
052,078
240,122

08,374
'.38,322
203,348

Oadi'ou deposit

.

.

Dec. 31 ’05.

$438,004
1.201 ,272
2.573,470
520,253
40,020

:

•

Liabilities—

Capital stock
".
Surplus and undivided profits...
Deposits

’00. Jane 30 ’00.

721,1 54
300,08 1

di'.c'n liaml

.

[Philadelphia).

>418,873
,258,074

.•*

$212,151

All

.

77,500
1 .190,760
379.047

1005.

$l’ul.7:*3

& Trust

s—

Deal estate, furniture and fixtures
Other as'ct--

550,752,770

’05.
$78,086
315,654
2,757.842

$870,425

!

Loans upon collateral
Loans upon bond.-, and mortgages

Si 5,3 18,885

Ikon.

—

.<•

,

(,’a

Resources —
Cash on hand

Stocks, bonds, ike

0
;r < i:
*0
J<<:< > -L r: ciii: ci i drpesilO’.s liui Lie, ye.i
c
An:->
t o'
on company V ooxrl
A"'.
1 i>:' (lc;,jO'its >vt-i\ my ini ei < *>l
lia’c <o intcrcM or d<

R'x, :rc<

The Trust Company of North America (Philadelphia).

’00. May 1'G ’00. Nov. 28 ’05.
$: .ooo.ouo
.ooo.ooo
S1 .•iijo.ooo
i.ooo.ono
;;,ooo.ooo
3.500,000
.'••A.-VUl
7 2 2,4 25
788,-501
2d ,4 55
'<,'.25,72'.
0
10.030,3*4
26

rc.

[VOL. LXXXIV.

04,164

Nov. 20 ’00.

CvHij’rm hand
J) m, from banks ami bankers.
Loan; upon collateral

.

.

.....

.*

Time notes and accounts secured.
Slock*., bonds, dee
Km', v late, furiiitur and lixt-uico

Misccliiucous

.

.

..

—.’

.

1

.

..

.

•

.....

To’al

$114,502
820,022
3,000,008
1,375,000
588,055
2,787,000
372,424

United

$0,070,001

.

Security Life Insurance & Trust (Philadelphia).

Resources—
Real estate mortgages
Stocks and bonds
Loans on collateral
Real estate
Cash on hand and deposit

Dec. 31 ’06. June 30 ’06. Dec. 31 ’05.

$1,669,013

$1,613,017
192,329
1,303.337

220,899
1,109,981
380,523
200,591
48,520

$1,712,337
193,816
1 ,239.512
417.048

,

375,750

125,276
47,427

181 ,173

$3,641,531

$3,717,130

$3,842,945

$1
$1,000,000
,000,000
550,000
130,056
1,434.375
520,500

$1,000,000
500,000
156,117
1,492.019
569,000

$1,000 000
5(10,000
172,218
1 ,531,727
639,000

$3,641,531

$3,717,136

$3,842,945

1906.

$33,923

1905.
$37,793

00,000

50.000

Other assets

99,059

I f :’jUities—

Capita! stock, paid In
Capital stock, preferred
.•.

.

Depo iLs

$1,500,000
5,830,108

.

....

Undivided proiiis
.....

.

.

.

Total
a

’j

Surplus fund
Undivided profits

$0,070,001
the figures for Mm reorganized company,
make no comparison will' previous statements.

For obvious

.cse are

sons ur

inabilities—
Capital stock

213,703
3.517,100

.

Rittenhouse Trust vJo.

a

.

ou

Total

$11,580
40,40 1
585,20 1
40.071

8,012

'

demand.

1

.Statistics for calendar Year—
Interest credited depositors during year
lr
Amount dividends on company’s stock
•k
Amount deposits receiving.Interest._
Kate of interest paid on deposits

Nov.me, ’00, Alsu 20 ’no.

.

payable

rea-

(Philadelphia;.

Resources—
Ca h on hand
Cash on deposits
Lo i t-. on collateral
S*•'»(•;l.-*. bonds, &c
Real cAate, furniture and fixture.
.

Genera! deposits
Other liabilities

-

$8,700
40,032
545,0,50
20,088
7,004

r

$701,705

$030,303

Wayne Junction Trust Co.
Resources—
Cash on hand
Due from banks and bankers
Commercial and other paper owned
Loans upon collateral.
Stocks, bonds, &c
Real estate, furniture and fixtures..
Miscellaneous

$250,000
50,000
3,81 1
397,954

$250,000

1.labilities—

Capital stock, paid in
Surplus fund..
Umii\Uicd profits
Depot its

.

.

Total
v

$701,705

50,000
432

338,871

Nov. 26 ’00-

$4,720

J

22[333
19A55
229,270
01,450
33,009
1,129

$371,747
$100,000

Surplus fund
Undivided profits
Deposits

40,000

‘ci'5

171,122-

Dec. 31 ’06. June 30 ’00. Dec. 31 ’05.

Resources—

$110,4 75
328,982
358,345
26,033

Real estate mortgages

Stockland bonds

...

Lon :n$b'n

collateral
1/oe.hs' on personal securities
Heal estate
Cast\ on hand
Cash on deposit

—

.

.

.

4 1 ,000

-

53,203
42,614
11,193

....

-

Other assets

.

Total

.

$977,905

.

$100,900
339,082
223,725
21 ,223
41,000
24,819
84,173
20,255

$861,837

_

-

Surplus and reserve fund

.

_ .

Undivided profits
Deposits

.

...

....

Otfict liabilities
Total

-

lb sources—

from banks, Ac

Commercial and other paper owned
Cainoans upon collateral

Stocks, bonds, &c
Mortgages

$837,420

Loans

coll, and on bonds & mtges.
Investments, stocks and bonds
.

Mortgages
Real estate, furniture and fixtures._
Accrued Interest

Liabilities—
Capital stock

$977,903

$861,837

$837,426

Undivided profits

2%

over

8%

(Philadelphia).

Dec. 31 ’06. June 30 ’06. Dec. 31

on

$147,584
80,000
17,954
583,708
8,180

:

.

._

1905.
2%
7%

.

(Philadelphia)

Dec. 31 ’00. June 30 *00. Dec. 31 ’05.
$227,092
$241,315
$193,970
184,185
201,309
161,256
427,779
066,543
041,927
431,264
404,818
381.062
869,756
732,720
311,612
220,981
236,022
220,430
41,316
150.408
114,245
9,945

$2,596,978

West

$537,558
3,179,513

$296,420
3,234,113

2,108,672
91,500
862,279
61,078

2,210,757
54,500
862,493
46,718

$6,147,716

$6,840,600

$6,705,001

$1,000,000

$1,000,000

1,000,000
88,882

950,000
117,219

4,058,834

$1 ,000,000
950,000
72,302

4,773,381

4,682,699

$6,147,710

$6,840,600

$6,705,001

190G.
2 & 3%

1905.
2 & 3 %

8%

8%

Philadelphia Title & Trust Co. (Philadelphia).

Resources—

Dec. 31 ’06. June 30 ’06. Dec. 31 ’05.
.

Stocks and bonds
Loans on collateral
Real estate
Cash on hand and on

Other assets

<.

deposit

$828,277
230,021
2,113,952
92,714

418,319
31,220

$1,920,802
Llabllltlcs-

J A abilities—

$ 199.500

fund

Totgl

62.511
1,846.770

$499,500
150,000
50,897
1,896,581

$495,995
150,000
72,184
1,202.623

$? ,558,781

$2,596,978

$1.920,802

150.000

id over

Dividends paid In calendar year.

190 5.
•y Of
►

-

/t>

0%

Sur-plus
Undivided profits
.

.

$6S8,694
235,021
2.161,696
92,714
428.714
27.626

92,714
457,048
25.011

$3,634,465

$3,514,590

$500,000
2,868,124

$3,714,509

$3,634,465

$3,514,590

225,000
41 ,341

1906.

Dividends paid In calendar year.

2.030,100

$500,000
200,001)
44,124
2,770,466

ul over

2%

$589,466
320,251

$500,000
250,000
45,786
2,018,723

1905.

6%

’05.

$344,830
2,697.581
2,116.262
78,300
865,347
45,396

Rate of interest- on deposits of $500 and over.
Dividends paid In calendar year

_

Other assets.

West End Trust Co.
Resources—

29.208

10,702

Began business In June 1906.

$150,000
SO ,000
4,085
595,530
31,616

Tradesmen’s Trust Co.
Cash on hand and due

a

$150,000
80,000
23,439
712,320
12,140

1906.

Rale of Interest on deposits of $2 00 and
Dividends paid In calendar year

$371,747

$103,835
321,220
275,430
17,768
41,000
38,203

J A abilities—




(Philadelphia).

Liabilities—
Capital stock, paid in

Tacony Trust (.Jo. (Philadelphia).

Capital stork
Surplus and reserve
Undivided proilts

a
•

Total

$039,303

Hogan business Feb. 1 1000

Capital stock

$1,434,375
$1 ,531 .727
2L, 3% 2, 2«, 3%

-2,

,

Total

-

2 to 3 "7,

1905.
2 to 3%

6%

6%

MIL
jfii*»<i;.l,-*ieT(*f’

Feb. 9

LOUIS COMPANIES.

ST.

Total
■

14,508
14,311

7,040
13,232

$580,575

$524,215

$470,5 IS

—

Capital stoe):
Surplus

Undivided profits

Deposits

Statistic? for calendar year—
Interest credited depositors during year
Amount ot. dividends on company’s stock..
Amount of deposits receiving1 interest.—
Hate of interest paid on deposits

15,525
$470,51S

$524,215

—

1900.

1905.

$8,018

$4.47S

None.

All.

None.
All.

2% & 3%

3% & 3 %

Hate of interest

paid on

$9,159,757
000,570
1,252,004
14,479
3,213.243

734,138
1,002,108
01,095

2,490,097

Resources—
Loans

June 30 ’06.

NOV. 9 ’05.

$6,008,788

$5,345,225

3,048.155

$5,859,918
3,486,148

1,240,030
1,500,941

1,145,661
1,973,274

110,849

262.212

Other assets.

$2,000,000
3,843,904

$2,000,000
3,759,389

$2,000,000
3,925,034

9,842,154

8,204,832

8.381,078

60,000

l__

Deposits

1
$15,746,058 $14,024,222 $14,306,712
Note-—Rato of interest on deposits of $100 and over 2% and 3%.

Total...

Jefferson-Gravois Trust Co.

■

1.

safe deposit vault

$126,242
5,050
2,007

$237,398

$205,374

72,075

51,171

Total
Liabilities—

-

Total

$100,000
895

$100,000

136.503

105,374

$237,398

$205,374

(St. Louis),

Nov. 12 ’00.
..$17,204,701

June 18 ’oo.

414,335
3,923,918
1,019,453

42,253

$17,178,513
5,298,075
5,417,523

Nov. 9 ’05.
$18,367, 774
50 1
258 450
4 ,495 5 14
849 970

3,309,

3,911.568
918,436

$27,979,985 $27,379,445 $27,281,305

$3,ooo,ono
0,734,397

Capital stock
Surplus and undivided profits.
Reserved for taxes
Reserved for interest and contingent
fund and Christmas dividend

Deposits

179,470

18,006,112

-

Total

-

-

$3,000,000

$3,ooo,oon
0,623,385

0,848,190

110,000

120.999

8,300.114
707.628

164.001

idar year

(St. Louis).
$1,471,623
19,192,287
3,947.652

234,470
17,198,033

214,594

17,431,400

$37,979,985 $27.379,445

$27,281 .305

2% & 3%

2% & 3%

and over

20%

1905.

20%

NOV. 12 ’06.

Resources—
Real estate mortgages
Stocks and bonds
Loans on collateral

$794,753

7,400,796
10,678.169

1,600,949

securities

246,802
2,168,688

-

4,032,339

Cash on deposit
Other assets

July 10 ’06.
$519,104
7,379,491
12,190,613
1,225,481

Nov. 9 '05.

288,107

385.415

1,235,043
2,749,875

3,522,743

96,139

81.566

97,139

$386,014

7.968,118
9,525.915
2,197,744
1,578.908

$27,019,635 $25,683,853 $25,646,423

Total

BROOKLYN
Resources—

Bonds and mortgages
Stock & bond investments

Jan. 1 ’06.

Jan. 1 ’05.

$926,970
7,553,360
9,212,211
838,000

$300,000
7,906,311
9,273,501
804,585

$486,000
8,311.018
6,186,050
708,814

(book val.)

86,243
1,291,600
828,704
36,670
2,812

—

res’ve depositories

Legal tender notes & bills of nat.

■_

bks_

Cash Items
Other assets

Dividends unpaid
General deposits
Reserve for taxes

$1,000,000

2,176,638

_

Total

13,686,651
1,694,417

640,112
152,598

1,300,068
126,486

-

-

$1,039,357
480,815
111,823

Rate of interest

i mu unit

98,262

1,295,228

91

99.807
2,617,742

384,4301
32,6851

435,240

7,678\
222,382/

68.814

$1,000,000
$1,000,000
2,144,694
2,144,694
13,481.074]
1,784,041 \
473.919J
58,739
1,197,656
185.040

$1,000,000

1,955,262

14,845,756
56 ,236
50 ,020
903 .182
103 .121

$20,776,970 $20,325,163 $1,8.913,577

Supplementary—
Total amount of profits during year._
Int. credited depositors, same period.
Expenses of Institution, same period.
Amt. of'dlvs. declared, same period..
Amt. of deposits on which lnt. Is ail’d.

fW;,f ;i ,

170,000

$957,102
470,668
110,977
160,000

16,849.065

16,519.048

2.85%

MfTrtwi'W.vtr,>v

2.63%

536.549
604.098

530,607
595,990

4,930,553

3,825,619

100,000

100,000

122,689

10,000

Reserve for interest..

$715,489
350,055
11 1 ,944
160,000
15,457,640

$5,000,000
5,000,000
930,823
150,000

200,000
19.470.490
60,000
10,000

20,371,616
9,000
$31

$31,251-.828 $30,782,762
Statistics for calendar year—
Interest credited depositors during year.
Amount of dividends on company’s stock
Amount of deposits receiving Interest
Rate of interest paid on deposits

Resources—
Loans and discounts
Bonds and stocks

a

,461,439
1006.

$410,180
800,000
2% dem.; 3%

(St. Louis).

All

sav.

Nov. 12 ’06.

$195,948

,

5,084
6,345
21.311

_ _

Furniture, fixtures and safety vaults
Cash, exchange and miscellaneous

$228,688

Total
Liabilities—

Capital stock

S50,000
178,289

-

Deposits
Miscellaneous

699

,

Total

$228,688

-

1906.
West St. Louis Trust Co. a

Began business In May

(St. Louis).
Dec. 31 ’06.

Resources—
Real estate mortgages

Loans on collateral
Cash on hand
Cash on deposit
Other assets

Other

liabilities

12,134
28,285
7,437

r
—

230,056

-

Capital stock
Undivided profits
Savings and time deposits.
General deposits

$142,350
39,850

-

$100,000
7()8
13,578
115,559

*>
_

payableondemand.,

Total
Note.- -Rate of Interest

211

$230,056
current, 3% time and
...

paid on deposits, 2%

savlngs.
a

Began business

Oct. 1 1906.

COMPANIES.
Co.J(Brooklyn).
Jan. 1

Resources—

Stock and

Overdrafts
Real estate
Due from trust cos., banks,
Due from approved reserve

Legal tender notes

'•

and bills of nat. bks

Capital stock
Surplus fund and undivided proiits
Deposits subject to check
Certificates of deposit
Amount due trust companies—
Amount due savings banks
Amount due ns executor,
Other liabilities

(book value)..

31

12,000
234,884
19,581
15,014

457

75

30,000

17,508

$2,148,191

$1,595,114

$500,000
152,453
1 ,175.604

$500,000
133,891
826,207
16,276
100,224

98,792

151,645
21 .686
.

3.772
44,239

18,516

$2,148,191
$2,148,191

$1,595,114

$111.430

$15,271
2,012

administrator, &C--^ —
-

Supplementary—
credited depositors, same period
Expenses of Institution, same period.. ._L
Amount of deposits on which Interest Is allowed.

33.958
30,670

Interest

Rate of interest

110

12,000
183.167
47,293
42.943

depositories

Liabilities—

Jan. 1 *06.
$239,178
323,531
363,750
369,562

100,504

bankers and brokers._

Cash Items
Other assets

Total

*07.

187,000
354,635
718,661

bond Investments (book value)

Loans on collaterals
Other loans

Specie

§

$471,421

$20,776,970 $20,325,163 $18,913,577

-

Capital stock...
Sur. fd. & uudlv’d profits (book val.)
Deposits subject to check
Certificates of deposit
Amount due as executor, adm’r, &c__
Amount due trust companies
Amount due banks and bankers
...
Amount due savings banks
Other liabilities

101

400

Specie

Total.
Liabilities—

5,000,000
1,153,992
200,012
19,887.824

Citizens’ Trust

Jan. 1 ’07.

collaterals

20,827,283
4,121,393

$5,000,000
5.000.000
1,042,272

$5,000,000

Brooklyn Trust Co. (Brooklyn).

Other loans
Overdrafts
Real estate
Due from approved

100,000

vaults.

Total
Inabilities—

Mississippi Valley Trust Co. (St. Louis),

Loans on personal
Real estate.
Cash on hand

4.066.719
570,697
615,830
3,917,333

Real estate and office building.
Cash on hand
Other assets
Sate deposit

Dec. 31 ’05.
$1 .337,767

Dec. 31 ’06. June 30 ’06.

Resources—

a

1906.

Rate of interest on deposits of $500
Dividends paid in calendar year


http://fraser.stlouisfed.org/
■••Ml DU
Federal Reserve Bank of St. Louis

751 .040

7,704.955

Vandeventer Trust Co.

Total.Liabilities—

Loaned

741,840
7,019,398
65,795

1.107,217

$11,909,363 $12,727,213 $13,191,140
1906, 6%.

Total

Organized Dec. 18 1-905.

Mercantile Trust Company

$3,000,000
1,062,409

$3,000,000

Liabilities—

$170,978
13,210
2,039

Cash, xecitangiuaml miscellaneous

Resources—
Loans..
Bonds and stocks
Cash items in course of collection
Casti in vaults and depositories
Other assets

671 ,899

$31,251,828 $30,782,762 $31,461,439

(St. Louis).

a

-

Capital
Surplus and profits
Deposits
-

2.088,259

$3,000,000

Other liabilities.

Nov. 12 ’06. July 10 ’06.

Resources—
Loans ami discounts
Bonds and stocks
Furniture, fixtures and

4,085,757
1,000,000

$11,900,363 $12,727,213 $13,191,140

$1,298,592

Reserved for taxes

on

savings deposits.

Dec. 31 ’00.

Trust Co.

Liabilities—

a

2% demand 3% time or

Missouri-LincolnTrust Co. (St. Louis).

...

_$ 15,740,058 $14,024,222 $14,300,712

Capital stock
Surplus and undivided profits

$480,000

$180,000

company’s stock (10%)
deposits

Nov. 9 ’05.

$9,076,1S4

$9,573,492
748,244
1,004,185
43,633
4,310,504

Total

1905.

19U6.

Amount of dividends on

Aabilitics-

Nov. 12 ’00. July 10 ’00.

depositaries

122,048

$27,019,035 $25,083,853 $25,046,423

Commonwealth Trust Co. (St. Louis).
Resources—
Loans
Bonds and stocks
Real estate
Other assets
Cash in vaults and

.

$3,000,000
3,500,000
2,047,473
0,307,802
10,089,303
101,725

10,443.122

104,578

I

_•

3 4 0,515

1,235

$580,575

Total

•_

Other liabilities
Total.

3,500,000
2,247,315
7,403,910
10,703.820

•

3,290
405,212

400,130
5,006

Other liabilities-.

$3,000,000

Deposits (.timet
Deposits (demand),

NOV. 9 ’05

July 10 ’06.
$3,000,0(0)
3.500,000
2,221,943
0,390,140

Nov. 12 ’06.

•

Capital stock
.Surplus fund
Undivided proiits

$100,000
10,000
4,478

$100,000
14,478

$100,000
20,000
1,373

-

’

Liabilities—

Dec. 31 ’05
$285,220
91,193
87,874
7,277
4 ,948

■Cash on hand
Other assets

Louis).—Concluded.

Mississippi Valley Trust Co. (St.

Eroadway Savings Trust Co. (St. Louis).
Dcc. 31 ’0C. June 30 ’00.
ResourcesLoans on collateral. commercial paper
$338,034
$405,01S
and in\erttnent securities
92,325
100,013
Bonds and stocks
72,378
52,12(5
Due from trust companies and banks.

LiabUltl'•

313

THE CHRONICLE

1907.]

- —

1

,451,502
2.69%

9.367
922,988

2.67%

314

THE CHRONICLE.

Ilesourccs—

Other

notes &

Jan. 1 ’05’

$344,530

$380,930

220,161
1,883,768

228,635
1,471,630
255,406
70,519

$326,380
257,106
1',089,406
188,835
65,374

311),684
69,000
233,780

243,134
233,0141
39,570 J

L

264,314
42,800
52,909

bills of nat. bks.

187,226

55,458

197,G67
18,057

$3,45)4,946

$2,978,299

$2,330,051

$200,000
190,436
2,764,823
42,861

$200,000
107,863

$200,000
155,301

assets

Total
Liabilities

Jenkins Trust Co.

Jan. 1 ’06.

Bondsjind mortgages
Stock & bond Investments (book val.)
Loaned on collaterals
(Jlher loans
Real estate
Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories!
Specie
Legal tender

(Brooklyn).

Jan. 1 ’07.

Resources—
Bonds and mortgages
Stock and bond Investments (book
Loaned on collaterals

(Brooklyn).
Jan. 1 ’07.

Sur. fd. & undiv’d prolits (book vai.)
Deposits subject to check
Certilicates of deposit
Amount due savings and loan ass'ns..
Amount due as executor, adm’r, &cAmount due banks and bankers
Amount due savings banks
Other liabilities

2,315,699] 1
80,691 ;r

1,839,944

22,489| 1
4,931 j

18,124
1

_

1,400

an.828

150 4)00

150,000
36,624

42,959

125,000
9,806

$2,978,299

$2,330,051

50,573
12 ,526
131,134
50,534
8,000

$3,398,111

$2,138,249

$500,000
28,4 31
95,803

$500,000
278,193
1,269,820
11,000
20,199

54,632
23,443

59,037

$3,398,111

$2,138,249

$187,603
40,935

$56,543

Cash Items
Other assets

Liabilities—

Capital stock
Surplus fund and undivided profits (book-value)
Deposits subject to check
Certilicates of deposit

2,378,077

Amount due banks and bankers
Amount due savings banks
1
Other liabilities

Supplementary—

Supplementary—
Total amount of prolits during year..
Int. credited depositors, same period.

Expenses of institution,

same

$172,258
68,598
43,802
14,000

period.

Amount of div.declared, same period
Amt. of deposits on which lnt. is ail’d.
Rate of interest

2,950,465
2.32%

Co.

depositories
Specie
Legal tender notes & bills of nat. bits.

276

186

484,524
1,081,848
168,3681
60,489 j
82,269

450,000
2,058,834

223,472
53,494

$14,980,782 $13,225,257

Liabilities-

Sur. fd. dc undiv’d prolits (book val.)
Certilicates of deposit.
Amount due savings and loan ass’ns..
Amount due as executor, adm’r, &c._
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

$1 ,500.000
3,003,303
1 1,261,941
1,140,040

Total

$1 ,000.000

$1,000,000

1,807,364
8.855,6061
2,013.348
1

335,740
127,753

.

1,591,010
9,795,545

•

,148!

360,590J

243,339

30,003

3

612,526

529,340
170,034

388,078

124,733
572,406
141,552

$18,399,384 $14,980,782 $13,225,257

Supplementary—
Total amount of profits during year..
Int. credited depositors,
Expenses of institution,

same
same

period.
period.

Amt. of dlvs. declared, same period..
Amt. of deposits on which int. Is ail’d
Rate of Interest

$876,482
370,861

139,949
175,000
13,504,939

108,135
120,000
10,115,823

Sur. fd. & undiv’d profits (book val.)
Deposits subject to check
Certilicates of deposit
Amount due savings and loan ass’ns..
Amount due as executor, adm’r, &c..
Amount due banks and bankers
Amount due savings banks.

Deposits prof, because
pledge of part of trust

secured

123

1 10

26,407

34,208
911 ,574

/

13.260

$8,660,108

"729,696
79,210
$8,653,043

$500,000

$500,000
1 ,065,005

5,1 19,423
1 ,104 ,040
34,082
80,869
55,688

5,0 18,51 31
994 ,426 1
72.744

$500,000
952,683
-

6,281,631

|

56,063j
835,565

by
100.000

_

57,310

Total

Supplementary—
Total amount of profits during year.
Int. credited depositors, same period.
Expenses of institution, same period.
Amt. of dlvs. declared, same period__
Amt. of deposits on which lnt. is ail’d.
Rate of interest
_

$8,660,108

83,163

71 ,827

07,904
50,000
6,961 ,91 1
2.G7‘

40,000
7,119,118

68 .270
-

(Brooklyn).
Jan. 1 ’07.

Jan. 1 ’06.

$790,571
956,405
845,571
358,190

$385,080
1,055,733
755,769
343,847

Overdrafts
Due from trust cos., banks, bankers and brokers..
Due from approved res’ve depositories

10

Specie

Legal tender notes and bills of national banks
Other assets

91,265
330,702

159,323
350,590

19,712
98,850

1 ,164

52,027

Total
Liabilities—

Capital stock
•_
Surplus fund and undivided profits (book value).
Deposits subject to check.
Certificates of deposit.

$3,131,446

$500,000
291 ,695

$500,000
277,851
1,813,184

54.330'

Amount due savings and loan associations
Amount due as executor, administrator, Arc
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities.

1. 583

4 47,262
23.352
188,02 7

155.972
1 14.587

£?Total
1*7Supplementary—

**

1

9,400
7,988

146,000
246,000

20,130

$3,131,446

$178,329
60,260
64 ,903

$102,300

period

'1

100.893

$3,543,303

Total amount of profits during year
Interest credited depositors, same period
Amount of deposits on which Interest Is allowed._
Rate of interest

18,585
61,347

$3,543,303

1 ,766.495

2,527,015
2.56%

hY'fii

W r\*V[rf |H

Jan. 1 ’07.

Jan. 1 '06.

$1,107,350

$1 ,138,783
782,425
8,597,520
1,190,838

1,382,596
9,345,088
1,057,754
210,000
1,123,272
530,304
46,765
52,523
149,465

Real estate.
3

Specie
Legal tender notes & bills of

nat. bks.

Cash items
Other assets

1,300,000
2.20%

Jan. 1 ’05.

$818,383
1 ,364,402
7,127,393
1,235,694
221,247
542,014

210 000

943,968
115,324]
35.0001
3

8579

968,259

140.882J

81,710

$15,005,117 $13,158,323 $12,359,104

Ll abilities—

Surp. fund & undlv. profits (book val.)i
Certificates of deposit
Amount due sav. & loan associations.
Amount due as exee’r, admiuis’r, <!cc_
Amount due trust
companies
Amount due banks and bankers..
Amount due savings banks
Other liabilities

$500,000
1,610,125
9,183,275
605,550

$500,000

$500,000
1,395,162

1,491,834

8,250,301]
303,629

194

182

|

\

S,884,132

295,798 j

490,052
203,130
85,715

1,960,825
366,251

1

113,515
,925,105
277,955

57,300
1,286,100
236,409

$15,005,117 $13,158,323 $12,359,104

Supplementary—
Total amount of profitsduring year..
Int. credited depositors, same period.
Expenses of institution, same period.
Amt. of dlvs. declared, same period..

$743,981
313,770
92,122
60,000

i

12,344,114

Rate of interest.

$554,903
287,151
81,114
60,000
10,688,532
2.62%

2.82%

Resources—
Bonds and mortgages
Stock & bond investments (book val.)
Loaned on collaterals

Other loans
Overdrafts
Real estate.
Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories

Specie
Legal tender

$503,514
296,708
80,254
52,500

10,177,533

Jan. 1 ’07.

Jan. 1 ’06.

Jan. 1 ’05.

$773,500

$788,625
3,041,766

$1,045,550
3,249,523

5,849,104

4,863,680
157,945

2,880,098
6,310,322
430,520

notes & bills of nat. bks.

Cash items...
Other assets
Total
Liabilities—

31 .208

37,741
220,000
2.50%

454,890

218

446

45

3,000
3,221
674,281
323,171
126,280

3,000

3,000

755,696
74,935]1

888,848

14.420J

165,765

'

272

7,961]

130,702

92.020 J

85,428

$11,655,585 $11,082,866 $10,439,754

Capital stock..:
$1,000,000
Surp. fund & undlv. prolits (book val)
1,779.687
Deposits subject to cheek
5,186,293
Certificates of deposit
2,276,310
Amount due as exee’r, adinlnis’r, &c_
429,7 10
Amount due trust companies
220,678
37,299
505,363
220,239

Amount due savings banks
Other liabilities.
Total

$1,000,000
1,584,467
5,732,7341
1,693.289 j379,164J
17,896
30,335
525,174
119,804

$1,000,000

1,5021012
7,163,382
159,028
454,961
180,370

$11,655,58
11,655,585 $11,082,866 $10,459,754

Supplementary—

Expenses of institution,same period.

$406,830
157,885

value)

Stock & bond Investments (book val.)i
Loaned on collaterals..

$8,653,043

$476,509
196,008

50,000
7,153,869
2.87%

.

Total amount of profits during year..
Int. credited depositors, same period.

$119,149
193,297

Home Trust Co.
Resources—
Bonds and mortgages
Stock and bond Investments (book
Loaned on collaterals
Other loans

32,558

$8,965,224

Rate of interest

Amount due banks and bankers._•

273,608
617,191

798,687

co. assets

same

'

1 ,115,125

Otiier liabilities

Expenses of Institution,

$529,175
1 .687,488
4,238,698
442,886

89,568

$8,965,224

Capital stock

Jan. 1 ’05.

734,821
620.538 1

704,551
21,895

9,474
16,875

70,127
7,500
2 580,311
2.20%

Long Island Loan & Trust Co. (Brooklyn).

$646,225

12,993

Total
Liabilities—

200,842

1,970,329
4,109,058
449,780

152
9,017
468,188

notes & bills of nat. bks.

110.712

Jan. 1 ’06.

$586,150
2,514,617
4,288,960
358,701

Cash Items

$506,428

(Brooklyn).

Jan. 1 ’07.

Stock & bond investments (book val.)
Loaned on collaterals
Other loans
Overdrafts
Real estate
Due from approved rcs’ve depositories

$728,319
273,478
120,000
11,597,828
2.67%

2.91 %

Co.
Resources—
Bonds and mortgages




2,682,288

$570,900
5,045,199
2,553,097
2,270,075

3,607,055

1,188,377
481,827
231,127
144,718

Other assets

Jan. 1 ’05.

$500,475
6,313,185

3,064
480,538

depositors, same period
Expenses of institutions, same period
Amount of dividends, declared same
period
Amount of deposits on which interest is allowed

Rcsourccs-

Jan. 1 ’06.

3,301,288
2,931,983

Other loans
Overdrafts
Real estate
Due from approved res’ve

Interest credited

Kings County Trust Co. (Brooklyn).

(Brooklyn

Resources—■
£ •Jan. 1 ’07.
Bonds and mortgages
$904,740
Stock «5c bond Investments (book val.)
8,725,722

Specie
Legal tender

$82,447
33,651
36.289
24,061
1 2 ,000
12,000
2.573,812
1,964,955
2.29% ‘'hZU.
$120,845
42,120

00,000

317,725

_.

Total—

$3,450,946

732,088
462,200
417,594

notes and bills of national banks

—

Capital stock

$213,600

835,495
216,075
1,212,325
161,000
78,394
71,920
31,824
232,119
32,377
40,000

value)

Reai estate
Due from trust cos., banks, bankers and brokers._
Due from approved reserve depositories

Specie
Legal tender

Jan. 1 ’06

$480,582

i

Flatbush Trust Co.

[ VOL. LXXXlYi

Amt. of dlvs. declared, same period..
Amt. deposits on which lnt. Is allowed
Rate of interest

S

Overdrafts

Specie

105,000

100,000
8,211 ,381
2.67%

172,607
68,410
100,000
7,777,371

,6 5 5,661

(Brooklyn).

Jan. 1 ’07.

Jan. 1 ’06.

Jan. 1 ’05.

$645,750
1,371,975
3.G01 .500
1,806,173

$734,433
1,555,207
3,949,495
1,706,921

$541,483
1,601 ,883
3,813,363
937,425

170,395
154,322
1,056,786
731 .732

nat. bks.

Cash Items.
Other assets
Total.
Liabilities—

Capital stock
i
Surp. fund & undlv. protits(book val.)
Deposits subject to check.
Certificates of deposit
Amount due as exec’r, adminls’r, &c_
Amt. due sav. & loan assn
Amount due trust companies
Amount due banks and bankers
Amount'due savings banks
Other liabilities
Total

Supplementary—
Total amount of profits dui-ing year..
Int. credited depositors, same period.
Expenses of institution, same period.
Amt. of divs. declared, same period..
Amt. deposits on which lnt. is allowed
Rate of Interest

$458,425

206,982
70,939

170

Real estate.
Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories

Legal tender notes & bills of

$533,120

217.377
74,792

2.78 %

Nassau Trust Co.
Resources—
Bonds and mortgages
Stock & bond investments (book val.)
Loaned on collaterals
Other loans

$624,090

111,910
1.857
34 ,000

167,777

166", 665

959,399
789,7871

854,813

108,645/

812,139

1

,3051

89,892]

$9,686,570 $10,062,807
$500,000
516,123
6,257,278
558,201
205,609
39,4 14
115,617
53.818
1 .218,303

$500,000
611,136

94,793

$8,821.900
$500,000
566,367

0,648,203)
708,411 }•

6,450,637

62,250!

36 ,290 j

161 .820

52,995
1,200,252
81 ,507

15,000
51.447
1,197.433
41 ,017

$9,6S6,570 $10,062,867

$8,821,900

22** *} 0 7

$466,991
237,903
68,541

50.000
8,448.243
3.71%

$438,360
220,364
63,713
40,000
8,870,223
2.67 %

$335,104
197,551
64,246
30,000
7,714,517

Feb. 9

Williamsburgh Trust Co.

People’s Trust Oo. (Brooklyn).
Resources—

Stock & bond Investments
Loaned on collaterals

(book val.)

Jan. 1 ’07.

Jan. 1 ’06.

$1,327,243
4,688,541

$857,245
5,878,180

7,055,447
3,132.486

7,486,321
2,587,966

Overdrafts

478,432

Beal estate.

7 .4 1 6

Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories

& bills of nat. bks.

1.170,054

654,000

119,000]

1,536,1S1

262.7771

$18,733,293 $19,215,011

$17,854,278

$1,000,000

$1,000,000

Liabilities—

$1 000,000
1,695.970
13,273.690
868,025
10,860
729,488
205,185
5,791
779.813
40,5001
123,971]

Capital stock
Surp. fund A undlv. pro!its(book val.)
Deposits subject to check
Certificates of deposit.
Amount due saw A loan associations.
Amount due as exec’r, admlnis’r, Ac.
Amount due trust companies
Amount due banks ami bankers
Amount due savings banks
Preferred liabilities
Other liabilities..

Total

1,483,361

1,567,334

13,540,252
1,286.633

13,370,351

121,822

8V7.227

$18,733,293 $19,215,011

$17,854,278

Supplementary—
Total amount of profits during year.. $1,095,140
400,674
Int. credited depositors, same period.
159,894
Expenses of Institutions, same period
120,000
Amt. of dlvs. declarsd, same period..

Resources—

Bonds and mortgages
Stock A bond'Investments
Loaned on collaterals
Other loans
Overdrafts

14,720,199

2.7/1

2.71%

$1 ,086.196

$1,034,246

3.977

405,778

306,287
235,871
172,375
13,045

bills of nat. bks.

357,7301
189,525]
28,519

$8,925,0
$8,925,0 82
8:

Total

$8,569,350

YORK

NEW
Bankers’ Trust Co. (New

Total.

bks.

Jan. 1 ’05.

94,937

$25,659,474 $24,137,158 $20,241,788

...

Liabilities—

Capital stock-.
.
....
Sur. fd. & undiv’d profits (book val.).
Deposits subject to check
Certificates of deposits.
Amount due savings and loan ass’ns.Amount due as executor, adm’r,
Amount due trust companies
Amount due banks ana bankers
Amount due savings banks..
Other liabilities

$1,000,000 $1,000,000
876,275
703,599
14,125,528]
1,336,6621 13,313,639
2,092,860
19,333)
728.503J
553,840
2,949,447
2,293,250
2,495,833
2,057,266
1,432,983 2.174,081
260,947
284,605
513,950
149,403
40,685
2,063,672
$25,659,474 $24,137,158 $20,241,788

,$1,000,000
1,136,600
15,435,453

.

&c._

Total.

Supple me ntnr u—
Total amount or profits during year..
Int. credited depositors, same period.
Expenses of Institutions, same period
Amt. of dlvs. declared. same period .
Amt. of deposits on which int. lsall’d.
Rate of Interest

$1,1.55,242
647,269
188,866 , 161,623
145,000
70,000
22,020,000 19,758,110
2.9?o
2.84%

$1,236,302
630,823

Bowling Green Trust
Resources—
Bonds and mortgages
Stock A bond investments

(book val.)

$87,000
6,731,818
12,144.345
309,976

brokers.

approved res’ve depositories

Specie
Legal tender notes & bills of nat.
.Cash Items
Other assets

bks.

$439,909

$368,358

$334,299

169 015
98 1 15

144,582
76,540
56.000

194,097

period.

108.741

allowed

7,577,641

56,000
7.156,712

2.45%

2.40%

56,000

$719,2S0
415,064
131 ,997

30,000
IS,100,531

4,147
3,196,544
1,252,614
8,116
687,382

1 ’06.
$87,000
6,862,295
15.496,168
858,010

Jan.

Loaded

on

17

1 .003,876

2,693.705
191 .343]

50,000]

7,936
12,292

(book val.)

collaterals

Specie
Legal tender notes A bills of nat.

bks.

73,596

Liabilities—

Capital stock.
Sur. fd. & undlv’d profits (book val.).
Deposits subject to check
Certificates of deposit
....
Amount due as executor, adm’r,&c._
Amount due trust companies
Amount due banks and bankers
Amount due savings banks.
Other liabilities

$24,429,878 $27,254,706 $24,932,062

3,037,137
11,394,247
204,220
102.801

2,595,417
4,378.354
921 ,820

795,8S2

$2,500,000
2,861 ,21 2

13,125,210]
79 ,860 }
380.998 J
2,551 ,241
4,207,203
1 ,421 ,277
127,705

$2,500,000
2,855,31 1
8,464,315
3,044,392
5,153,855
1 ,888,481
1,025,706

Institutions, same period
of dlvs. declared, same period..
of deposits on which Int. Is ail’d.

Expenses of

Amt.
Amt.

Rate of Interest




363

386

22,913
3,942

1.000

$974,456
512,836

200.000

150,731
175,000

16,929,118
2.78%

20,727.212
2.72%

$678,751
343,686
177,840
150,000
16,949,864

965

156,284

176.977
•

9,915*

11,185

17.430
..

8,780

$1,972,405

$1 ,194,148

198,522

$500,000
153.4 19

$500,000
128,231

1,693,012

1,253,902

$590,000
0.575

6,216
10,020

16,932

337

515,617
j

,325

50,000

27,088

300

1

928

98

$1 952,405

$1,194,148

$70,625
18.896
13,922

$28,181

,203,893

562,731

1

2,932
6,808

2.069

COMPANIES.

Resources—

Jan. 1 ’06.

$561,810
526,593
1,783,856

$4 69,500
726,199
1 ,731 ,752
1,211 .800

Bonds and mortgages
Stock A bond Investments (book val.)
Loans on collaterals
Other loans
Overdrafts
Real estate
Trust cos., banks, bankers A brokers.
Due from approved res’ve depositories

Specie

.

Legal tender notes A
Cash items

1,479,396

Singl’d. A undlv’d profits

'05.

296

$5,518,879

$5,149,194

$5,466,430

$700,000

$700.000

450,653

462.519

$700,000
435,035

Liabilities—

Capital stock

i

$410,250
505,608
2,617,476
S22.839

163
5,000
133,122
727,710

'

i

Jan.

1 ,330
11,155
181,235
737,798
7,320
166,682
6,582
55,122

bills of nat. bks.

Otiler assets

York).

Jan. 1 ’07.

(book val.)_

3,990,660

Deposits subject to check
deposit

110,764
16,442
45,956
55,134
87,403
61 ,867

Certificates of

due as executor, adm’r, Ac._
due trust companies
due banks and bankers.....
due savings banks
Other liabilities

Amount
Amount
Amount
Amount

5,000
127,027

841,569

37,009]
25,600/
20.489]
60,850]

3,550.704]
209.910 )
15.788 J

92,840

43,525

4,040,505

49,735
60,715
52.899
46,924

122.875
102,704
49,316
15,994

$5,518,879

$5,149,194

$5,466,430

Total amount of profits during year..
int. credited depositors, same period.

$246,588
86,966
58,184

$218,347

$152,086

which Int. lsall’d.

42,000
4,11 0.4 73
2.43%

Supplementary—
Expenes of institution, same period.
Amt. of dlvs. declared, same period..

>.

Resources—
•
•
Bonds and mortgages
Stock A bond investments
Ot lief loans
Real estate.
Due from approved

Specie

$70,201

(book val.) 19,107.793

1
res’ve depositories

Legal tender notes &
Other assets

bills of nat. bks.

80.933

52.827

54.177
42.000
3,939,750
2.446%

49,167
21 .000
4,315,104

(New York),

Jan. 1 ’07.

39,368.488
1 16,834
994,248
4,741 ,852
3,001 .850
20,206
258,124

Jan. 1 06.
$397 420
18 902.121
44 522.099
174.002
1 021 .446

9.163.361
54,1431

3.380/
226,393

Jan. 1 ’05.

$145,586
16.131 ,813
38.453.843
229,670
1.039 .854
4

,790.435
28,247
223,890

$67,679,596 $74,464,368 $61 .043,338

Tot al

Capital stock
Sur.fd. A undlv’d profits (book val.).
Deposits subject to check
:
Certificates of deposit
Amount due as executor, adm’r, Ac..

$1 ,000,000
15,701 .832
46,832,475
928.108

2,223,206
270,877
507.483
71 ,750
143.865

Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

$1 .000,000
14.622.933
54.046.8731
1 ,520,010)
1 .426,1 75 J
301 .774

774,945

.

259,535
512,118

$1 .000,000

13,229,434
44,794.071
57,313
1,368,181
155,004
139,334

$67,679,596 $74,464,369 :$61 ,043,338

Supplementary—

Supplementary—

$266,200
427,186
251,100
71,062

5,298

Total
Liabilities—

$24,429,878 $27,254,706 $24,932,062
Total amount of profits during year.. $1,204,530
507,730
Int.credited depositors, same period.
161,426

Jan: l ’05.

<

65

32,155

Liabilities—

$1 ,000,000

6,070,573

$427,300
618,628
421,358
248,281

4.194

Jan. 1 *05.

274,994

2,704
177,546
20,329

158,263
6,427
122,591
40,810
46,385

Cash items
Other assets

—

Total

Jan. 1 ’

1 ’07.
$400,000
792.414
357,723
481,000

Jan

Other loans
Overdrafts
Real estate..
Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories

Amt. of deposits on
Rate of Interest

$87,000
6,499,386
12,894,256
719,409
5,423
809,351
3,568,640

■

ist Co. (Jamaica).
Queens County Trust
Co
Resources—
Bonds and mortgages
Stock & bond Investments

Co. (New York).

Jan. 1 ’07.

Loaned on collaterals
Other loans
Overdrafts
Trust cos., banks, bankers A
Due from

Jan. 1 ’06.

13,754,350
40U.140

Other assets

$7,329,786

Broadway Trust Co. (New

$6,791,397 $5,564,335
11,925,588 10,246,521
402,613
779,109
78
104,850
20,444
26,676
2,044,128
4,948,431
3,142,300
936,348
33,9371
14,745]
96,123
387,910

$8,323,457

Stock & bond investments (book val.)
Loaned on collateralsOther loans
Overdrafts
Trust cos., banks, bankers A brokers.
Due from approved res’ve depositories

$8,569,350

Rate of interest

York).

Jan. 1 ’07.

Resources—

$8,025,082

1,453,588 I Amount due trust companies
19,471
2,637,199 i Amount due banks and bankers
6,587
863,282 j Other liabilities
2,386 j
$2,442,027
Total
409,022 |
Supplementary—
$109,483
524,440 | Total amount of profits during year..
34,168
1 Int. credited depositors, same period.
17,036
513.010 : Expenses of Institution, same period.
12.500
Amt. of dlvs. declared, same period._
41,7 65
1,693,012
Amt. deposits on which int. is allowed
2.30
%
$7,329,78 6 Rate of interest

2,531,651
1 ,541,263
3,934
519,138

1.284
629,074

72,492
13,310
26.406,
103,793
169,290
69,688

Capital stock
Surp. fund A undlv. profits (book val)
Deposits subject to check..
Certificates of deposit
Amount due sav. A loan associations.
Jan. 1 ’05.
$885,094 1 Amount due as exec’r, admlnis’r, Ac.

1.957,563

,959,423
2,396,962
2,120,588
1

Other assets..

Specie
Legal tender notes A bills of nat.

14,328 ,847

’06.

Jan. 1

(book val.)

102 606
120 000

(Brooklyn).

Jan. 1 ’07.

Heal estate
Trust cos., banks, bankers A brokers.
Due from approved res’ve depositories

Specie
Legal tender notes A

363,405
105,925
120,000

>0,411

Williamsburgh Trust Co.

$677 ,515
382 ,115

$834,720

5,914,319

147.940
1,678
132,447
11.005
299,944
72,618

Amt. of dlvs. declared, same period..
Amt. deposits on which lilt. Is

730.359J
170,038
923,328

Expenses of Institution, same

6,874,2531

6,984,626

Supplementary—
Total amount of profits during year..
Int. credited depositors, same period.

12.205

206,127
834,252

3p(
Rate of Interest

|

1,*03.

$700,000
514,888

540,116

574,824

val.)

Amount due sav. & loan assoclatlons.
Amount due as exec’r, adminis’r, Ac.
Amount due banks and bankers
Amount due savings banks
Other liabilities

1S5.404 j

549,607

40,500]

Total

315,116 j

_

1,145,335
181 ,5751

Other assets

1

1.737,850

31,204

1,054,354

_

Legal tender notes
Cash Items

.

1. ’07. Jan. 1, *06.
$700,000
$700,000

Capital stock
Surp. fund & undlv. protlts(book
Deposits subject to check
Certificates of deposit

$584,560

5,052,194
7,272,914

(Brooklyn)—Concluded.
Jan.

Jan.

Liabilities—

Jan. 1 ’05.

1,203
408,579

893

Specie

315

THE CHRONICLE.

1907.]

Total amount of profits during year..
int. credited depositors, same period.

Expenses or

Institution, same period
declared, same period .

Amt. of dlvs.

Rate of interest.

,537,019

$2,949,222
1 .010,652

273.751
800,000

297.240
800,000

242,814
800,000

42,032,492
2.9%

53,645,119

42,459,683

$4,048,737
1

.727.015

$3,900,563
1

2.64%

3 Mi

THE CHRONICLE
Colonial Trust Co.

(New York).

Iicsourr,
Jill. 1 ’07.
Bonds and mortgages
$1,003,200
Stoclc A: bond investment.-, (book val.)
2,272,his
Loaned on collaterals
1 •» ,710, f03
Other loans
3,121 .SOU
Overdrafts
20 r»
Heal est te
20.000
Trust cos., banks, bankers A: brokers.
5s. jo 1
Due from approved re.s’ve depositories
4,337.02.'*
s

_

Specie

--

-

—

-

.

-

—

-

.

_

Jan. 1 ’05.
$81,750

5114,450
2,3 40,289
16,332,4 10
2,613,21)1

2,003,288
18,552,961
1 ,385 ,7(13

100

-

176

30,000

R< sources—
Jan. 1 ’07.
Bonds and mortgages
$386,368
Stock & bond investments (book val.»
594.626
Loaned on collaterals
3.65S.5S2
Other loans
873,420

Jan. 1 ’<>0.

20

1,364
11 5,623
336,737

Overdrafts

Deal estate

4,181)", 4 9 9

1,000 .Hi) 2
1S7.420
.7 1, ISO
240,404

-

5,428,926

803,196!

192,535)

Legal tender notes & bills of
Other assets

$26,850,601

$28,747,170

$1,000,000

$1,000,000
1,628,904

$1 .000,000
2,1 On.34 1
10,770.20 l
1 ,1 10,372

_

Deposits subject to check
Certificates of deposit
Amount due savings and loan ass’ns..
Amount due as executor, adm’r, &c.
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities
_

1

8,606,660 ]
1 ,036.040 !
4l,345|
696,314 J
1 ,161,556
757,137
1,311 .737
415,789

1,270

2,050,172
1,1)00,484
1,233,017
803,082
830,559

.

Total

1 ,82 1,023

$28,472,304 $26,830,601

Sup pic merit nr u —
Total amount of profits during: year.. $1,307,215
Int. credited depositors, same period.
000,272
Expenses of Institution, same period.
180,751
Amt. of divs. declared, same period.
170.000
Amt. of deposits on which int. is ail’d. 23,540,073
Rate of interest. 1
2.000%
.

nat

bits.

5,436
23t,9<o>
70.477

.

140,594

IthibllUlcS-—
Sur. fd. A: undiv’d profits (book val.)

,907,64-1
962,003

Speeie
1,153.772

1,786 ;

229,715/

Trustees., banks, bankers & brokers.
Duc from approved res’ve dt posltaries

21,186,258
2.259,425
1 ,227,422
1,396,444
48,716

$7,806,175

-

Liabilities—
Capital stock
Surp. fund Ac undlv. profits (book val)
Deposits subject to check
Certificates of deposit
Amt. due as exec., adminlst’r, A;c
Amoufit due trust•companies
Amount due banks and hankers

$500,000
1,097,028
4,058,113
296,248
1,841

Amount due savings banks
Other liabilities

Total

$28,747,170

$933,083
576,245

21,447,371
2.84 %

23,661,292

161,801
100,000

Columbia Trust Co/(New York).

5,035,292
325,000

Other loans
Overdrafts
Real estate
Trust companies,
Due from

Jan. 1 ’00.

1.550,300
3,288,400

Specie
Leiral tender notes and bills of national banks

Rate of

Total

345,863
1 ,316
200,572

47,398

18,626

$S

$4,854,727

Liabilities—

Capital stork
Surplus fund and undivided profits (book value).
Deposits subject to check
Certificates of deposit
Amount due trust

$1,000,000
1,111,728
4,569,233
297,083
772,258
293,622
39,74 8
15,360
223,556

companies

Amount due banks and bunkers
Amount due as executor, administrator, Arc

Deposits otherwise preferred
Other liabilities
Total

$8,322,588

-

Rate of Interest

•

Commercial Trust Co.

$1,000,000
1 ,024 ,810
2,464,910
254,724
75.942

28,050
3,700
2,582

51,854,727

$38,771

78,087
5,852,500

5,522

2,754,670
2.87%

Jan. 1 ’07,

$512,701
1,054,418
1,212,684

Overdrafts

120

Due from trust companies, banks, bankers and brokers
Due from approved reserve depositories

66,020
616,718
75,613
51,770
12,995

Specie
Leiral tender notes and bills of national banks
Other assets

Total

$3,603,039

Liabilities—

Capital stock
Surplus fund and undivided profits (book value)..
Deposits subject to check
Certificates of deposit
Amount due trust companies

$500,000
273,044
2,530,903
27,000
21,220
250,872

Other liabilities

Total

$3,603,039

Supplementary—
Total amount of profits during: year
Interest credited depositors, same period

$33,467
10,219
1,487,200
{2.87%

Rate of interest..

Legartender notes A: bills of nat.

Jan. 1 ’06.

Jan. 1 ’05.

$666,385

$726,235

$663,154
29,500
7,600

11,403
165
70

bits.

414,950

1501

90/

$678,023

$735,492

4.746

$1,124,950

Liabilities—Sur. fd. & undiv’d profits (book val.)
Deposits subject to cheek
Amount due as executor, adm’r. A:c..
Amount due banks and bankers
Other liabilities
_

485
1 3

$500,000
44,416
1,045)

$500,000

13/

607,682

16,850

190,000
105,017

17

T:1S678,023

$735,492

$87,624

*$253,569

54,096

r220,802

”*418
-

$1 ,124,950

-Supplementary—

Total amount of profits during year..
Int. credited depositors, same period.

Expenses of institution.
Amt. of

deposits




on

same period
which Int. Is ail’d.

|

828,373

371,668
68,435

27,234
320,306

$326,694
138,612
109,364
30,000
5,561,452
2.6%

$209,153
85,100
60,953
15,000
2,970,000
2.37%

$116,059
2,071
106,364
470,074

$167,462

.

55,060
81,647
l ,540,000

Jan. 1 ’07.

Jan. 1 ’06.

$3,072,000

$2,651 ,000

6,708,597

$2,734,500

3,451 ,301

1 1 ,323,699
34,543,315
33,699

.

25,022

Jan. 1 ’0.V

35,425
4
850

249,251
961,442

4S0

2,591 ,180
63.5121

871 .872

5.092,023

8,050/

67,360
3001

Capital stock

$3,000,000

Surp. fund Ac urnliv. profits(book val.) 10,569,620
Deposits subject to check
10,127,920
Certificates of deposit.
2,364,960
Amount due as exeo’r., admln’r, Ate.
2,440,700

Amount due trust companies
Amount clue banks and bankers
Amount due savings banks
Other liabilities

2,-178,868
837,134
556,565

543,913

Total

.$3

,919 680

-

194,431

-217,465

303.678

S3 ,000 ,000
10 ,214 068
11 302 -152
329 198
797 812
194, 30 1
692 004
,068 ,785
493 770

000 ,000
9 639 .130

$3

30,674.552
.158 .352
,780 .337
.713 ,984
259 ,470

$32,392,450 $54,225,826

Supplementary—
Total amount of profits during year..
$1,750,667
Int. credited depositors, same period.
599,884
Expenses of institution, same period.
183,695
Amt. of divs. declared, same period._
3-15,000
Amt. deposits on which int. is allowed 18,414,97!)

$2,021.563

$2,048,982

876,6 !3
144,192
300,000

875,068
149,907
300,000
38,21S,199

18,386.0 10

3%

2.92%

Farmers’ Loan & Trust Co. (New York).
Resources—
Jan. 1 ’07.
Bonds and mortgages
$3,162,675
Stock A: bond investments (book val.) 21,192,691
Loaned on collaterals
44,320,584
Other loans
1,041,000
Real estate
1,450,000
Trust cos., banks, bankers & brokers.
2,039.89 1
Due from approved res’ve depositories 10,800,305

Specie

Legal tender notes A; bills of

nat. bks.

Total

.Tan. 1 ’00.

Jan. 1 *05.

$1,517,250

$1,628,500

23,171,147
45,088,507

21 ,058,973

730,050
1,450,000
21,119

7,453,699
1 ,930)

4,015,115
74,522

Other assets

2,500/

47.784,440
4,478,400
1,455,54-6
28,870
11,227,521
3.002,405
413,008

.$88,096,786 $79,445,202 $91,077,662

Liabilities—
Capital stock

$1,000,000
Surp. fund Ac undiv. profits (book val)
7,263,467
Deposits subject to check
62,002,970
Certificates of deposit
7,781,811

$1 ,000 ,000
6,969 .276
51.344 ,234)
8,890 .621 >

3,
1,089,675
2,,481,243
814,945
2,
1,275,1,30
1,,387,545

3,803 ,838 J
3,051 ,842
679 ,506
2,792 ,917
897 ,941

Amount due sav. Ac loan associations.
Amount due as exec’r, administ’r, &c.
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

15

$1,000.009
6.727.239

75,516,080

,027|
3,807,100
1*358,701)
2,196,453
472.079

Total.

$88,096,786 $79,445,202 $91,077,662
SupplementaryTotal amount of profits during year..
$3,743,502
$3,053,560
$2,435,282
Int. credited depositors, same
period.
2,303,612
2,194,751
1,573,166
Expenses of institution, same period
371,708
240,228
207,980
Amt. of divs. declared, same period..
400,000
400,000
400,000
Amt. deposits on which Int. is allowed 75,388,213
67,260,750
77,236,300
Rate of
Interest

'

2.9%

2.8%

Fifth Avenue Trust Co. (New York).
Resources—
Bonds and mortgages
Stock & bond investments (book val.)1

Jan. 1 ’07.

_

3

Specie
Legal tender notes Ac bills of nat. bks.

Cash Items

Other assets
Total

Surp. fund Ac undiv. profits(book val.)

Jan. 1 *05

$626,900
5.726,907
11,033.255
681 ,271
5,386
1,370,429
41,3111

•

$510,50,

6,626,66**

9,586,347
781,44-

2,533,765

65,800/

151,082

182,563

_

Supplementary—
Total amount of profits during year
Int. credited depositors, same period.
Expenses of Institution, same period.
Amt. of divs. declared, same
period..

$1,000,000

160,021

$1,000,000
1,612,626

1

Certificates of deposit
Amount due sav. A; loan associations.
Amount due as exec’r, admlnls’r, Ace.
Amount due banks and bankers.
Amount due savings banks
Other liabilities

Amt. deposits on which Int. Is
Rate of Interest

Jan. 1 ’06.

$551,900
7,270,190
9,127,812
692,197
1,596
955,595
696,271
132.000
1,104
205,250

..$19,633,91
$19,633,915 $19,733,822 $20,349,820

Liabilities—

Total

r. Total
"

$500,000
72,508

2,455,107

$32,919,680 $32,392.450 $54,225,826

.

Capital stoclc

$500,000
1,029,074

2,710.797)
173,1 U|2,0.52 J
18,397

230,100/

.

Total

$500,000
1,069.083

Liabilities—

Overdrafts

9,017

$4,732,09S

$4,732,098

_

Other loans

1 ’07.

I.

.

.

OommonwealthyrrastiCo / (New'York).
Resources—
■’ •"
Stock A: bond Investments (book val.)
Loaned on collaterals
Other loans
Trust cos., banks, bankers Ac brokers.
Due from approved res’ve depositories

$5,144,310

23,373.663

3

Expenses of institution, same period
Amount of deposits on which interest Is allowed

26,543
69,173

$5,144,310

Specie
Legal tender notes Ac bills of nat.. bks.

0,302

(New York).

Resources—
Stock and bond Investments (book value)
Loaned on collaterals
Other loans
:

14,310/
1 18.085

231,626

.

$370,074
131,000
2.96%

1,313,897

Equitable Trust Co. (New York).
Resources—
Bonds and mortgages
Stock Ac bond investments (book val.)
Loaned on collaterals
Other loans
Overdrafts
Trust cos., banks, bankers Ac brokers.
Due from approved res’ve
depositories

Rate of interest

Supplementary—
Total amount of profits during year
Interest credited depositors, same period
Expenses of institution, same period
Amount of deposits 011 which interest is allowed..

1,0 i3 ,<>4 2
16,4061

$7,SO6,175

interests

Total.

308,000

Other assets

59

90,6,33
159,618

400.377

_

101,615
870,170
2,836

371,825

230,764

Expenses of Institution, same period.
Amt. of divs, declared, same period.
Amt. deposits on whieli int. Is allowed

Cash Items
Other assets..

64

banks, bankers and brokers
approved reserve depositories

866,048

1,584.303

Supplementary—

$1,191,591
698,570
172,64!)
100,000

Jan. 1 ’07.
$28,025
1,604,188

’05.

$‘.'50,006

510,889
282,057

Total amount of profits during year..
Int. credited depositors, same period.

_

Resources—
Bonds and mortgagees

Jan. 1

$300,268
698,142
1,965,986
051,23*

115.633

-

Total

Capital stock

LXXXIV.

Empire Trust Co. (New York).

Jan. 1 ’06.

—

Le'-ral tender notes A: biiD of nat. bks.
Cash items.
Other assets—

[VOL.

,742,366
16,075,047
510,979
28,426
42,580
2,581
62,290
169,646

$1,000,000'
1,472,956

16,123,129)
652, 162

17,((27.801

>

34.364)
25,131J
199,867
86,543

236,885
12.179

$19,633,91
$19,633,915

$ 1 9 ,733 ,S22

i>20,349 ,S20

$975,630
460,896

$860,728
485,919

96,948
120,000

90,738
120,OOP
16,818.100
•2.65%

$771 ,883
376,220
79,931
120,000

allowed' 16,519,500
•*.-.2.90%

■

17,538,865
•

Feb. 9

Italian-American Trust Co. (New York).

Fulton Trust Co. (New York).
Resources—
Jail. 1 '07. Jan. 1 ’06.
$ 1 UP ,500
Bonds ami mortgages..
§37)6,500
1 .() 1 O', 88 4
Stock <ic bond investments (book vain
1,768,430
0,373,100
.Loaned on collaterals
5,242,808
53
U\crdralts
Due from approved res’vc depositories

870,370

Specie
Legal tender notes & bids of nat. bks_

$'8,525,150
$500,000
765.186
5,094,004
1,414,140

-

Amount due as cxec’r, admlnls’r,
Amount due savings banks
Other liabilities

Specie

.417

$9,065,787

$8,902,250

$500,000

$500,000

708,109

650,890

7,720,366

31

,000

41,500

31,000

$8,525,450

$9,065,787

$8,902,256

$488,362
237.188
72,654
60,000
7.057,263
3.05 %

$435,848
259,792
57,311
50,000
7,710,119
2.85%

$306,843
186,850

during year-.

Int. credited depositors, same period.
Expenses of institution, same period.
Amt. of divs. declared, same period..

which int. is allowed

V.4 O

CD 3

48.616
50,000

7,576,966

Jan. 1 ’06.

Jan. 1 ’05.

22.462.278

18,808,220

$15,5 18,005
31 ,873.677

Other loans
Overdrafts

2,012,578

2,776,412

3,520,309

80

20

Trust cos., banks, bankers & brokers.
Due from approved res’ve depositories

2,345,514
3,942,450
2,074,220
5,135

Loaned on collaterals

Specie
Legal tender notes & bills of nat. bks.
Inv’st’ts held as exec., adnir., guar.,&c

10

463,512

1,046,508
5,722,578
67,2511

13,486,975

18,070/

130,231

$2,000,000
$2,000,000
5,507,196
5,941.011
33,539,188)
54,901
,721
2,192,136 V
652,323)
2,131,403
2,299,719

$2,000,000
—
Capital stock
6,316,954
.Surp. fund & undiv. proliis(boolc val.)
36,912,245
Deposits subject to check
.
690,996
Certificates of deposit
2.291.301
Amount due as cxec’r, admin’r, &e..
2,551,980
Amoiint tiue trust companies
1,517,226
Amount due banks arid bankers
Amount due savings banks
10 410
Preferred liabilities
1,790,356
Oilier liabilities

321,230

$66,982,867

258.637
400,000
40.307,242
2.62 %

Hate of interest

3o.

val.)

—

Overdrafts
Real estate
—
Trust cos., banks, bankers & brokers.
Rue from approved res’vc depositories

Specie
Legal tender notes & bills of nat. baks
Cash items
Other assets.
-

$2,288,520

$2,661,872
1,496,407.
257,143

$2,460,807
1.076,940

period.

Total

194,182

>54,090,468 $49,756,511

Amount of divs declared, same period
Amt. deposits on which int. Is allowed

Resources—
Bonds and mortgages
(Stock & bond lnvestrneuts(book
Loaned on collaterals
Other loans

2,001,775

59,542

Supplementary—
Expenses of institution, same

1 .513,608

1,424,311

Total amount of profits during year.,
lot. credited depositors, same period.

1,155,087
257,3 18
400,000
56,310,312

400.000

37,413.700
2.87%

(New York).

Jan. 1 ’07.

$311,000
391,237
3,770.373
400,142

$'.’09,950
457,460
3,288,731
244,404

12

293

40,000
699,433
533,570

154,777
53,940
2,750
67,925

Jan. 1 ’05.
$21 1 ,800

450,460
2,259.984
177,905
•

568,733
629,834
72,261)

95,972
299,064

27,982/

52,472

27,387

$3,506,044

$5,675,211

$6,485,159

Supplementary—Total amount of profits during year..
Int. credited depositors, same period.

Expenses^! Institution, same period.
deposits on which int. is allowed

Amt.

Hate of interest

$500,000
543,623

$500,000
583,348
3,503,367)
122,526V
16,43 2 J
390,196

$500,000
633,497
3.981,555
253,562
68,189
336,357
659,983

2.147.83S

15,875

118,084
18,145

18,108
257,979
93,495
5,000

$6,485,159

$5,675,211

$3,566,044

$287,435
110,351
86,000
4,808,867
2.65%

$205,838

$134,121
37,229
68,203
2,303,127

423,1 13

36,1 39

Other liabilities

Hudson Trust Co. (New
Resources—
Bonds and mortgages
Stock and bond investments (book value)
Loaned on collaterals
Other loans
...
Overdrafts
Due from trust companies, banks, bankers
Due from approved reserve depositories

80,769
74,171

4,152,419
2.002%

$500,000

Capital stock

70,803
1,213,375
2,300
77,293
518,138
15.000

profits (book val.).
Deposits subject to check
Certificates of deposit
Amount due trust companies
Sur. Id. & uiHiiv’d

J

Total

194,610

$1,127,098

$121,406

$70,213
•14,881

Total amount of profits during year..
Int. credited depositors, same period.
Expenses of Institution, same period.
Amount of divs. declared, same periodL
Amount of dep’ts on which int. Is all’ll
Hate of interest

37,109
10,000

39,824

$6,879
1,003
10,314

1,637,488
2.62%

726,745

459,742

33,857

Resources—
Bonds and mortgages
Stock & bond investments
Loaned on collaterals
Other loans

’07.

Jun. 1

-

(book val.)

$3,375,177

...

$1,000.000
18,557
1,482,193

90.927
56,090

623,857

secured by pledge of part of trust

Supplementary—

profits during year
depositors, same period
Expenses of institution, same period
Amount of deposits on which Interest Is allowed

Total amount of
Interest credited

Hate of interest

/o

2,059,040

1,398,771
5,401,514
4,525,550
381.795
51,200
1,663,337

T—
Specie
Legal tender notes & bills of nat. bks.
Invests, held as cs.cc., adnir., guar.,&c.

’05.

1

$1.389.406
3,194,592
37,912,494
1,710,041
10,645

10,019
1,390,000
70.378

0.40-.
1,290.000

Overdrafts
j
Real estate.
Trust co’s, banks, bankers & brokers.
Due from approved res’ve depositories

Jan.

’06

$5,101 .678
4,291,361
42,413,734
1,695,877

6,091,517
44.409,260

'

856.000

3,623,044

12,550
7.996,897

4,347,9931
345,845 f

5,691,708
”

"716', 641

583 ,680

-$70 199,806 $66,000,574 $59,358,013

Total
Liabilities—

49.131,366 )

6,467,095 ]■ 46,359,378

—

Deposits preferred because secured by
pledge of part of trust eo. assets

Preferred liabilities
Oilier liabilities

$1,000,000
2,480,679

$1,000,000
2,982,306

$1 .200.000
5,354,274
profits (book val.).
49,127,466
Deposits subject to cheek
6,055,792
Certificates of deposit
.—
122,623
Amount due savings ami loan asso’ns
213,927
Amount due as exec., admr., &c
3,636,742
Amount due trust companies
1,329,976
Amount due banks and bankers
1,454,426
Amount due savings banks

Sur. fd. & undiv.

80,388
206.457

J

2,334,199
600,970

4 ,584,1 08

2,054,187

2,166,279

200,000
51 ,200

250,000

1,453,380
1

893,600

2,223,132

—

544,437

$70,199,806 $66,000,574 $59,358,014

Total

Supplementary—
Total'amount of prolits during year.. $3,570,747
Int. credited depositors, same period.
1,714,061

Expenses of Instit ution, same

$3,136,594
1,741,403

$2,340,527

451.215

392,531
400.000

323,114

50,473,175

5S,624,173
2.82%

period.

560,000

Ymount of divs. declared same period
Amount of dep’ts on which int. is ail’d
Rate of interest
,

2.904%

Trust

Jan

lb sources —
Bonds and mortgages

1

’07.

1,218,672
380,000
51.811,901

Co.

(New York).

Jan.

1

’06.

Jan.

.Stock & bond investments (book val.)
Loaned on collaterals
Real estate
Trust co’s, banks, bankers & brokers.
Due from approved res’ve depositories

500

.

12,140

40,5031
2,8001

24,665
544,456

759,423/

356.634

Specie
Legal temier notes & bills of nat. bks.
Cash Items
Invests., held as exec.,admr.,guar.,i&c.
Other assets

’05.

1,964,505

1,052,487

1,093,924

1

$4,393,131
1,922,532
4,864,078
2,004,031

$8,471,098 $13,236.211
1,450,687
1,596,630
2, .074,568
3,101,211
1.598,478
2,125,690

7,2191
)

42,264
66,122

$17,320,954 $20,213,380 $15,856,062

Total.
Liabilities—•

$4,000,000
:
5.948,243
profits (book val.).
5,911 ,320
Deposits subject to check
704,900
Certificates of deposit
3,800
Amount due savings and loan asso’ns

Capital stock

_

Amount due as exec.,

1 29,735
358,940

admr., &c

Deposits preferred

Amount due trust companies.
Amount uue banks and bankers

I

Preferred liabilities
Other liabilities
Total

..A

23,728
24,665
221,551

—

..

15,500

65,000

23,053

102,240

$2,593,749
255,370
1,494,635
410,000
7,077,327
1.99 %

480,000
Amount of divs. declared. same period
Amount of dep’ts on which Int. Is ail’d
6,647,279
Rate of interest
3%
a This is the statement of the Central Realty Co.

(New York).

Resources—
Jan. 1 ’07.
Bonds and mortgages
$1,226,690
Stock and bond Investments (book val.) 6,343,205
Loaned on collaterals
8,298,720
Other loans
3,967,296
Overdrafts
3,280
Trust co’s, banks, bankers & brokers.
1,108,530
Due from approved res’ve depositories
1,678,154

Total.
Liabilities—

Capital stock

profits (book val.)_
Deposits subject to check
Certificates of deposit
Amount due savings & loan asso’ns-_
Amount due as exec., admr., &c
Sur. fd. & undiv.

Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

Total

559,850
220,891

79,166
135,181

$1,000,000

1,100,890

15,981,050

2,843,106
33.493
210,180
468,643
1,850,960
132,041

Jan. 1 ’06.

$1,221,340

4,793,583
6,312,570

3,736,541
1,271

423,779
1,566,752

$1,136,330
105,063
06,645
120,000
9,446,893

Jan. 1

’05.

$966,000
4,695,890
2,813,938
2,385.272
1,638
776,244
2,310,843

198,0361
169,625/

337,525

78,788/

57,018

42,3471

$500,000
$500,000
915,993
698,440
11,838,9851
2,877,023 ) 11,348,073
21,726!

37,224/
337.668
128.058
1,842,791
44,565

214,398
55,718

1,533,729

$23,620,963 $18,544,633 $14,350,358

Supplementary—•
Total amount of profits during year.. $1,283,115

$80,528
15,798
38,029
1,352.109

depositors, same period,
658,613
Expenses of institution, same period.
233,552
29,988
Amount of divs. declared, same period
Amount of dep’ts ou wlvich int. Is ail’d 19,815,274
Hate of interest...
2.90%
Int. credited

37.584

$23,620,903 $18,544,633 $14,350,358

$3,375,177

2.3878

$4,000,000
$1,000,000
5,785,712
5,008,272
6,707,4021
S30.546 )
9,529,272
|
157,678 |
451,001J
1,182
1,161
280,373
2,077,615

$17,326,954 $20,213,380 $15,850,662

Supplementary—
Total amount of profits during year.. $2,818,187
Int. credited depositors, same period.
251,431
Expenses of institution, same period.
1,676,124

10.023

-

banks and bankers
savings banks

Total

1 o

.

1

Jan.

$2,921,358

Cash items
Other assets

Liabilities—

O t! i e r 1 i a 1 > i 1 i t i es

325,442

$1,931,391

Specie
Legal tender notes & bills of nat. bks.

7,497

Otherassets

Deposits preferred because
company assets

18,7601
65,986

50,000

$2,396,909
$2

Supplementary—

62,005

40,368

Cash items

Capital stock
Surplus fund and undivided prolits (book value)
Deposits subject to check
Certificates of deposit
Amount due trust companies.

$500,000

226.656
25,000

Lincoln Trust Co.

Jan. 1 '07.
$103,801
1,072,108
753,511
1,035,600
3,944
91,650

and brokers

1

$500,000
58,455
699,0521

568,360
20,776

Amount due banks and bankers
Amount due savings banks

York).

Specie
'
Legal tender notes and bills of national banks

Total

14,894
$1.127,098

$1 ,931,391

Total
Liabilities—

Sur. fd. & undiv.

Capital stock
Surp. fund & undiv. profits (book val.)
Deposits subject to check
Certificates of deposit
Amt. due as excc., admiuist’r. &e—
Amount due trust companies
Amount due banks anti bankers.....
Amount due savings banks

80,980

61,098)

54,375/

Liabilities—




19,645

Lawyers’ Title Insurance &

Jan. 1 ’06.

59,894
71,479
-127,934

13.6001
14,061 i

Capital stock

—

Amount due
Amount due

Cash items
Other assets.^

1,959,476

7,309,750

.54,090,468 $49,756,511 $66,982,867
Liabilities

,233

45,188
2 1,035

Other assets

4 10

8,407,490
S.407

Other assets

9

109,650

310,280
5 14,009
154,181
177.10 1
13,979 l
38,685 |

Knickerbocker Trust Co. (New York).

York).

Jan. 1 ’07.
Resources—f
Stock *ic bond lnvestments(book val.).) >12,821,393 $14,007,637

557,125
692,62 1
166,520
224,801

Legal tender notes & bills of nat. bins.

■) "7

Supplementary—

Amt. deposits on
'Hate of interest

4 05

66,721J

Total

Total amount of profits

703 ,105

227.523)

6,841,588)
1,418,346 V
231

109,993'

&e_

Jan.- 1 '07. Jan. 1 '00. Jan. 1 ’05.
$58,000
$271,750
$213,250
80 4.768
385.901
481,04 0
(book val.))

545,005

700

41,287

'

Resources—
Bomis and mortgages
Stock & bond investments

Loaned on collaterals
Other loans
Trust eo’s., banks, bankers *& brokers
U;h: from approved res've depositories

51) .401

Liabilities— •

(lanital stock
Suvp. fund <jc undiv. proiits(book vai.)
Deposits subject to check
Certificates of deposit
Amount due sav. & loan unsocial ions.

1 ,807 ,005
5,527 ,103
00 ,320

15.170/

5,220
41,040

_

Jan. 1 ’05.
§ 107 ,500

,700
1,144

11.500
505
728.5711

Other loans

Other ass* ts.

317

THE CHRONICLE.

1907.1

$987,020
464,414
160,969

$587,561
262,1 19
133.812

1*6,446,880

l’f,499*437

2.82%

318

THE CHRONICLE
Manhattan Trust Co. (New York).

[VOL.

Mutual Alliance Trust Co. (New York).

Resources—
Jan. 1 ’07.
Jan. 1 '06.
Bonds and mortgages
$9,500
$9,500
Stock & bond Investments (book val.)
6,890,500
6,521,143
Loaned on collaterals
4,987,850
7,299,642
Trust co’s, banks, bankers & brokers.
277,718-

Jan. 1 ’05.

$9,500
5,828,546
8,894,287

Res our ccs-

Jan.

Stock &bond investments
Loans on collaterals
Other loans

(book val.)

2,857,578

1,870,877

3,625,216

Overdrafts

Other assets

1,000,500
65,388

1,000,370
81,135

1,000,500

Real estate
Due from trust co’s. banks, bankers
and brokers
Due from approved rcs’ve depositoriesl

Total

250,688"

$16,089,034 $16,782,667 $19,608,737

Liabilities—

Capital stock
Sur. fd. & undiv.

profits (book val.).
Deposits subject to check
Certificates of deposit
Amount due savings and loan asso’ns
Amount clue as exec., adrar., &c
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

Total

$1,000,000
2,490,800
8,879,078
312,230
5,218
455,808

$1,000,000
2,219,261

1,734,763

572,597

422,214
36,500
752,423

'195,204

$1,000,000
1,970,856

11,185,3751
575!

4,719,623
80,477
74,578
16,500

73,000
219,928

Mercantile Trust Co. (New

$892,397
343,019
451,661
110,000
12,166,959
2.77%

Cash Items

Other assets
Total

100,000

15,838,442

Jan. 1 ’05.

$1,738,326
15,841,957

55,732,782

69,500

19,401

3,266,427
1,054,0941
1,700 f

10,372,806

4,1431
139 ,707 f

Capital stock
Sur. fd. & undiv. profits (book val.)_
Deposits subject to cheek
Certificates of deposit
Amount due savings and loan asso’ns.
Amount due as exec., admr.. &c
Amount due trust companies
Amount due banks and bankers
Amount due savings banks...
Other liabilities

$2 ,000 ,000

$2,000,000
6,689,388

7 ,026 ,068
24 ,332 ,518
489 ,834
17 ,531
1 ,712 ,947
1 ,524 ,876
1 ,120 ,675
2 ,057 ,086
2 ,737 ,715

$2,000 ,000
6,481 ,285

32,725,6371

Total
$43,019,250 $52,364,161 $85,134,964
Supplementary—
Total amount of profits during year.. $2,369,691
$3,029,966
$2,736,217
Int. credited depositors, same period.
1,064,252
1,910,426
1,570,958
Expenses of Institutions, same period
198,532
226,865
193,189
Amount of dlvs. declared, same period
600,000
600,000
600,000
Amount of dep’ts on which int. Is ail’d 27,522,800
39,588,897
71,347,743
Rate of interest

3.046%

2.99%

Resources—
Jan. 1 ’07. Jan. 1 ’06. Jan. 1 ’05.
Bonds and mortgages
$764,500
$965,500
$282,000
Stock & bond Investments (book val.)
4,233.388
3,097,698
3,143.280
Loans on collaterals
28,432,245 26,643,687
28,317,458
Overdrafts
222
1,372
Real estate.
015 ,000
Due from trust co’s, banks, bankers
and brokers
114,049
Due from approved res’ve depositories
2,273,105
—

Specie
Legal tender

3,946,422
10,8931

1,353,438
notes & bills of nat. bks."

26,300

Other assets
Total

3,195,449
14,672

7,983/
.407,642

367,832

$37,197,247 $35,081,199 $35,935,690

Liabilities—

Capltalstock
Sur. fd. & undlv’d profits (book val.)

_

Deposits subject to check
Certificates of deposit
Amount due as executor, adm’r. &c._
Amount due trust companies.I
Amount due bank''and bankers
Amount due savings banks
Other liabilities
Total

$2,000,000
6,876,602
20,743,934

2.062,663

$2,000,000
6,326,799

19,399,575)

1,313,947) 21,808,757

2.474,643
407,096
186,368

2,J50,930J

1,429,688
1,016,253

1,689,753

417,486
698,073

1.597,546
1,832,798
2,131,98 >
237,853

844,366

$37,197,247 $35,081,199 $35,935,690

Supplementary—
Total amount of profits during year
Int. credited depositors. same period.
Expenses of Institution, same period.
.

$2,041,156

.

Amt. of dlvs. declared, same period..
Amt. of deposits on which lnt. is ail’d.
Rate of Interest

856,872
144,824
420.000

24,978,867
2.94%

Morton Trust Co.
Resources—

Loaned on collaterals
Other loans
Due from trust co’s, banks, bankers
and brokers
Due from approved res’\ e depositoriesi
—

notes & bills of nat. bks.

Cash Items
Other assets
Total

$1,818,344

$1,571,269

838,813

660,120
137,775
320,000

138,044
360,000
23,604,994
2.92%

25,570,615

1

’07.

Jan.

1

’06.

1 '05.
$8,412,571
41,903,238
288,660

3
3,429,533
7,445,187
1.948,670
12,765
141.126
232,023

2,590

32.437

7,348,558
49,454]1
10,015 j
41,092]1

9,963,81 1
95,173

1.582.526

Liabilities—

Sur. fd. & undlv’d profits (book val.)
Deposits subject to check
Certificates of deposit
Amt. due as executor, adm’r, Ac
Amount due trim companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

_

.

.

$
$*’.000,000
7,908,747
32,148.125
2,430,210
199,151
2,540,328
1
1,537,283
341,424
3
3,335,917

$2,000,000

$2,000,000

7,085,089

6,587,312

33,760,293]I
3,812,599

-

695,101J1
1,505,240
852,676
1

,764,130
1.851,65S

45,862,708
4,714,278
1 ,731,051
1.236,184
146,884

$52,441,185 $53,326,786 $62,278,417
Supplementary—
Total amounts of profits during year.
Int. credited depositors, same period.

$2,872,141
1,006,866
Expenses of Institution, same period.
233,988
Amt. of dlvs. declared, same period
400,000
Amt. of deposits on which lnt. Is ail’d. 33,513.000
Rate of nterest
2.78%




1,349.667
265,190
MOO ,000

_

.

36,1 17.740
2.70%
-

$2,198,727
942,517
249,257
400,000

46,217,346

58,091 )

14 901

15

5.455,471

4u3j

236,521

$6,873,755

$6,520,424

Total amt. of profits during year
lnt. credited depositors, same period.

$366,084
106,267
20,000
4,285,691
2.79%

$303,230
150,890
100,661

$271,146

same period.
same period. _

4,450,743

4,229,534

Supplementary—

130.263

Jan.

’07.

$3,195,396

(book val.)

10,239,302
8,259,255

11,791,720

Overdrafts
Real estate
Due from approved res’ve

1

depositories

Legal tender notes & bills of nat. bks.
Other assets
TotalLiabilities—

9,382,665

7.840,574
12,382,980

10,191,883

70,370

53.373

1.680,210
395,165

1,686,208

1,394,544

1,000,000)

3,100,000

300.0001
470,244

586,995

$41,265,531 $37,961,900 $40,162,056

Capltalstock
Sur. fd. & uudiv’d profits (book val.)
Deposits subject to check
Certificates of deposit
Amt. due savings & loan associations.
Amt. due as executor, adm’r, &c
Amount due trust
companies
Amount duo savings banks
Other liabilities
Total

$1,000,000
3,040,487

$1,000,000
2,843.974

27.655,660
3,403,741
10,000

25,448,204)

1,829,563
500,000

1,274,403)
84,096

3,476,013

3,071,459

$2,126,331
1,068,920

period.
period.

138,531

.

Expenses of Institution,
Amt. of dlv’ds declared,

same
same

Amt. of deposits on which lnt. Is ail’d.

Ratp of interest

450,000
33,678,661
3.48%

64,570
3,087,050

Overdrafts

Real estate..
Due from trust co’s, banks., bankers
and brokers
Due from approved rcs’ve depositories
.-

notes & bills of nat. bks.

Sur. fd. & uudiv’d profits (book val.)

Amt. due savings & loan associations.
Amt. due as executor, adm’r, &c
Amount due trust companies.
Amount due banks ami bankers
Amount due savings banks
Other liabilities
Total

'00. Jon.

*1,596,435

1

’05.

$2,745,933
13,140,251
33,852,509
960,318

171

5,268,635
1,549,516

4,937,722
237,3201

31,335
3,752

14.270 1

111,500

-

10,645,684
2,109,799

4,450

402,241

*065,022 $55,296,729 $63,908,235

10,451,025
28,126,781

1,496.782
9,852

$3,000,000
9,598,19:;
2,322,4851

5.349]

3,501,609)

1,388.113

1,532.176
1,056,559
1,211,039
630,637

4,407,968
17,490
1,254.876

$3,000,000
9,504,636

32,438,678)

4,912,135

40,498,597
3,936,075
C,928.325
44,610
55,992

$55,065,022 $55,296,729 $63,968,235

....

Supplementary—

Total amount of profits’during year$3,218,674
Int. credited depositors, same period.
1,094.607
same
same

$1,726,844
981,481
126,322
400,000
33,337,356

229,084

$3,000",000
_

Deposits subject to check
Certificates of deposit

1

$3,071,709
13,736,746
31,634,851

63,000

$55

Capital stock

Jan.

1,131

Other assets
Total
Liabilities—

$1,731,898
1,028,353
132,989
400,000
31,046,466
3.01'%

(New York).

Resources—
Jan. 1 ’07.
Bonds and mortgages
$3,412,743
Stock & bond investments (book val.) 13,083,703
Loaned on collaterals
28,895,381
Other loans
2,589,742

Expenses of institution,

33,307,406

$41,265,531 $37,961,900 $40,162,056

Supplementary—

^

$1,000,000
2,737,650

3,539 672)
;

290,067

Total amount of profits during year.
Int. credited depositors, same period.

Specie
Legal tender

(New York).

Jan. 1 ’06. Jan. 1 ’05.
$1,125,156
$3,265,182
10,363,200
9,905,575

1,560,210
2,070,664
1,700,000
300,000
2,078,614

101,162
99,054

2.70%

New York Life Insurance & Trust Co.
Resources—
Bonds and mortgages
Stock & bond investments
Loaned on collaterals
Other loans

period.
period.

196,430

Amt. of div’ds declared,
690,000
Amt. of deposits on which int. Is ail'd. 35,598,295
Rate of Interest
2.86%
b Earnings are for six months only.

$2,738,445
1,321,619
204,331
600,000'

37,235.409

61,308,216
1,342,583
259,750
630,000
48,121,445

2.81%

Standard Trust Co. (New York).
Resources—

Jan. 1 ’07. Jan. 1 ’06.
Bonds and mortgages
$234,680
$139,805
Stock & bond Investments (bOQk val.)
3,526.771
3,219,309
Loaned on collaterals
10,426.547
11,489.541
Other loans
513,322
431,545
Due from trust co’s, banks, bankers
and brokers
327.600
Due from approved res’vc depositories
2,638,653
3,556,584

Specie

Total
J iabilities—

610,221
13,029
5,000

$1,000,000

Sur. fd. & undlv’d

profits (book val.)_
1,409,000
Deposits subject to check
T.
12,015,144
Certificates of deposit
230.382
Amt. due as executor, adm’r, &c
654,910
Amount due trust companies
1,166,467
Amount due banks and bankers
Amount due savings banks
Other liabilities

510.365
431,087

878,468

Total

1

’05.

$68,340
5,488.107
8 642,647

315,038
4,970,179
248,736

9,920/
30,361

114,247

$1,000,000
1,211,423

$1,000,000
1,136,540

13,285,067)

331.940) 15.201,997
330,220)

1,326,456
437,556
422,3<>5
603,601

1,544,251
260,774
457,629

346,104

$18,295,823 $18,948,568 $19.S47,296

pplementary—

Total amount of profits during year
lnt. credited depositors, same period.

._

Expenses of Institution,

71,5031

Jan.

..$18,295,823 $18,948,568 $19,847,296

Capltalstock

Su

$2,635,897

511,124

5,183,134)

$6,662,141

Other assets

$52
$52,441
.185 $53,326,786 $62,278,417

Capltalstock

$500,000

87,470

Total

Legal tender notes & bills of nat. bks.

185,249.f

41,866

13,916
22,000
17,913

Jan.

$9,880,003 $10.445.011
28
28,719,998
34,062,919
631,880
1,1 SO ,998

35.605j

92,127
243,879

(New York).

Jan.

Stock & bond Investments (book val.)

Specie
Legal tender

$2,000,000
6,561,066

157,521

8,895.]

$500,000
540,000

New York Trust Co.

Metropolitan Trust Co. (New York).

,485)

72

152,790

$500,000
501,270

4,842,891

_

1,667,779 ) 55,300 ,223
19,134 |
2,124,881 j
1,746,141
13,002 ,612
958,382
2,383 ,876
2,604,763
4,106 ,9 1 2
1,828,056
1,860 ,054

510,781

$0,520,424

_

$43 ,019,250 $52,364,161 $85,134,964

Liabilities—

157,752
388,460
1 34,994 \

168.7S4
253,324
203,501

Specie
310,762

149

11,000

$0,873,755

Capital stock

.

1,118,930

818

11,000

3,289,201

$6,662,141

Amt. of divs. declared,
Amt. of deposits on which lnt. is ail’d.
Rate of interest

$1,399,575
8,787,576
37,641,439

1,721,539

94

-211,002
35,280
14,481
50,212

Expenses of institution,

Jan. 1 '06.

1,540,241
3,850
930,104
160,351

notes & bills of nat. bks.

140,246

York).

Resources—
Jan. 1 ’07.
Bonds and mortgages
$1,747,250
Stock & bond investments (book val.)
7,395,841
Loaned on collaterals
27,468,195
Other loans
111,030
Overdrafts
364
Real estate
69,500
Trust co’s, banks, bankers & brokers.
9,726
Due from approved res’ve depositories
3,582,798

Specie
Legal tender

$754,709
271,536

Jan.

1 *05.
$9,750
1 ,531,020
3,008,204
1,108,344

419,225

kbs_

Sur. fd. & undlv’d profits (book val.)
Deposits subject to check
Certilieates of deposit
Amt. due as executor, adm’r. &c
Amount due trust companies
Amount due banks and bankers
Ollier liabilities-

’07. Jan. 1 '00.
$271,925
780,985

377,415

/

Liabilities—

412,1201

$930,690
326,588
156,326
120,000
8,645,365
2.96%

Amount of dlvs. declared, same period
Amount of dep’ts on which lnt. Is ail’d
Rate of interest.

notes & bills of nat.

Cash items
Other assets

904,607 ) 11,746,702

$16,089,034 $16,782,667 $19,608,737

Supplementary—
Total amount of profits during year._
Int. credited depositors, same period.
Expenses of Institution, same period.

Specie
Legal tender

1

$439,050
695,736
2,650,450
1,758,196

Due from approved res’ve depositories

Specie

LXXXIY

same

period.
period.

Amt. of dlv’ds declared, same
Amt of deposits on which lnt. is ail’d.
Rate of Interest

$932,936

$1,083.561

399 881
1 19,534
100.000

545.243

14,027,854

15,126,547

2.82%

113.999
100,000

2.79%

$706,607
367,026
97,003
80.000

16,957,396

E*bb. 9

Jan. l ’05.
$9,319,847

4,965,925
11,333,180
1,936,643
320,881
3,262,852
1,054,354
783,935

-

$4,375,000
7,628,936
21,509,532

Capital stock
Surp. fund & undiv. prollts(book val.)
Deposits subject to check
Certificates of deposit

Amount due saw Sc loan associations.
Amount due as exec’r, admln’r, &c._
Amount due trust companies
Amount due b •inks an d bankers
Amount due savin;-s banks

2,290,178
41,487
1,014,734
798,135
* 115,906
2,050,143

Deposits preferred because secured by
pledge of part of trust cos. assets..
Other liabilities-.

3,757,723

1,937,032

405,625

$5,059,384
782,483
1,754,825

512,635
$32,977,618
$3,581,802
592.961
1,287.599

27,570,015
2.81%

22,300,698

1,954,819

$5,615,124
925,604

during year..
credited depositors, same period.
Expenses of Institution, same period.
Amt. of divs. declared, same period..
Int.

2,236,225

700,000

700,000

which Int. is allowed 28,551,618
2.97%

Trust Co. of America

Real estate
Trust cos.. banks, bankers & brokers.
Due from approved rcs’ve depositories

41,498

704,851

$61,OSS,413

$2,000,000
10,741,670
35,379,384

3,063,630
59,575
89,623
2,713,254
5,709,710
1,071,453
260,114

Amount due sav. Sc loan associations.
Amount due as ew’r, tdminls’r, &c_
Amount due trust o nrpanies
Amount due banks and bankers
Amount due savings banks
Other liabilities

Supplementary—

$3,465,525
1,501,095

Total amount of promts during year..
Int. credited depositors, same period.

Expenses of institution, same

357,022

period.

720,000

Amt. of divs. declared. same period..
Amt. deposits on which int. Is allowed

46,090,975
2.892

Rate of interest

Union Trust Co.

$2,000,000 $4,000,000
8,329,453
10,081,974
38,404,141]
3,013,176) 39,503,020
475,553 j
310.662J
3,611,659
G,355,859
928,663
1,171.413

$466,125

(book val.) 10,201.406

Loaned'on collaterals.
Real estate.
Trust cos.. banks, bankers & brokers.

38,254,511
1,900,000
149,401

approved rcs’ve depositories

4,101.107

.

Due from

Specie

Legal tender notes b: bids of nat.

3,049,568

3,160

bks.

9,200

Other assetTotal
Liabilities

$2,080,342
1,232,226

264,638

240,000
51,006,956
2.85%

0,932,524
4,540,163
1,608,354
977,560
$65,891,676
$2,497,950
1,230,623
375,024
420,000
50,482,593

(New York).

Jan. 1 ’07.

Resources—

Bonds and mortgages
Stock & bond Investments

Expenses of

Jan. 1 ’06.

Jan. 1 ’05

$587,400
14,052,920
33,284,85 2
1 ,900,000

15,087,068
41,537.131
1,900,000

i

.osVTioi

$612,000

1,501,812

2,231,697]
460 J
1 .486

2,538,301
344.251

$58,134,508 -53,150,076 $63,520,563
—

Capital stock.
Surp; fund Sc undiv
Deposits subject to
Certificates of’ <k V>

urn

fits (book val)

$1,000,000

$1,000,000

8,225.901
35,886,640
4,658,840

8,010,736
35.419,469]

1,784.157

806.861 J
261.365
157,261
2,544,612
250,242

419,126

481,760
5,445,426
232,658

.

7,854,97:

4,699,389) 48,965,826
489,398
1.260,078
3,113,181
*837,109

$58,134,508 $53,150,076 $63,520,563

Total

Supplement /rv -$2,677,492
during year
Total ammi’i' of p- i
1,305,441
Int. credited
no. t o;-if same period.
257,305
Expenses, o in 'tit • ' ;or <nme period.
500,000
Amt. of div-. dor'.: r 1. same period..
47.31
1.023
allowed
.‘.c’j
Int;
Is
Amt. deposits on.
3.2%
Rate of Interest
.

,

$2,448,093
1,451 ,250

$2,370,912
1,366.3 12

223,201
500,000

222,850
500,000

42,835.626

54,638.646

2.81%

United States Trust Co. (New York).
Resources—
Jan. 1 ’07. Jan. 1 ’06.
Bonds and mort^n -'’s
$3,529,250 $4,306,000
10,617.360
Stock Sc bond inv> -*.:n ,-nts (book val.) 10,464.226
36,988,049

40,711,350
2,532,974
1,000,000
Due from aonrovo.l m<Ove depositories
4,495,197
Legal tender notes 5c bills of nat. bks.
2,500,000

Loaned on collate; ds._
Other loans
Real estate

439,357

Other assets

Jan. 1 ’05

6,867,645
1 ,000,000
6,139,613

$3,936,500
9,861 ,561
40.302.700
9.584,943
1,000,000
8.462,468

536,04 G

480,809

$65,672,354 $66,454,713 $73,628,980

Total
Liabilities

$1,000,000

Ml

tn associations.
Amount due mv. ,v
admin’r, &c_.
Amount due as <>x anomies
Amount due-trmt
Amount due ban!:-? . tod bankers
Amount du° saving;; i)auics
Other liabilities

—

$2,000,000 $2,000,000
12,472,679 12,342,674
20,793.054]
16,877,827 20,062,213) 51,757.428
&c_ 4,915,574
5.249.446J
1,912,568
2,226.250
2,856,684
324,543
101,287
226,219
2,111,986
2,491,532
3,403,361
1,190,657
1,103,252
1,042,614
$65,672,354 $66,454,713 $73,628,980

$2,000,000
urp. fund Sc undi". proflts(bOOk val.) 12,801,046
Deposits subject to oimek
23,538,153

Capital stock.

Certificates of denrwit
Amount due as exo<',[*, admlnls’r,
Amount due truct cnmpanle --Amount due banks and bankers
Amount due savings banks
Other

liabilities

Total

Supplementary—

Total amount of profits during year..
Int. credited depositors, same period.

institutions, same period
declared, same period..
Amt/depos’ts on which Int. Is allowed
Expenses of

Amt. of divs.

Rate’of interest


 WllUitlllliULlll.]

J

$3,582,151
1,610,537

207,061
48,631,483

1,000,000

3.04%

$2,934,769
1,498,594
181 ,210
1 ,000,000

49,855,043
2.81%

316,908

institution same period.

480,000

$3.281,570
1,501 ,635
192,716
1,000.000
57,340,050

26,9S6,267
3.06%

Co. (New York).

Van Norden Trust
Resources—
Bonds and mortgages
Stock &, bond investments
Loaned on collaterals
Other loans

Overdrafts
Trust cos., banks, bankers

Jan. 1 ’07.

1,461,783
4,101,100
2,165,605

(book val.)
*._

3,720
749,273
416,827
33,211
667,608

& brokers.

Specie

Legal tender notes & bills of nat.
Cash items

bks.

Jan. 1 ’05.

Jan. 1 *06.

$1,035,987

approved res’ve depositories!

Due from

$2,405,874
968,329
321,838
400,000
29,702,765

$2,549,678
1,188,870
351,580
440,000
24,190,912
2.72%

$2,250,795
697,558

Amt. of divs, declared, same period..
Amt. deposits on which int. is allowed
Rate of Interest

7,043}
693,654j

$61,088,413 $66,353,100

Total

Supplementary—
Total amount of profits during year..
Int. credited depositors, same period.

394,505
$66,353,100 $65,891,676

Liabilities—

Capital stock
Surp. fund <ic undiv. pro'.ltsfbook val.)
Deposits subject to eueck
Certificates of deposit

—.

491,117}

1,753,417
64,610

Cash Items..
Other assets

$2,000,000 $2,000,000
4,549,889 4,072,734
16.S98.516}
1,102,890) 25,096,840
5,180
Amount due as exec’r, admlnls’r, &c_
905,125
232.824J
Amount due trust companie
2,057,893
2,477,993
1,922,218
3.737,615
Amount due banks and bankers..
2,747,436
2,219,404
Amount due savings banks
475,553
282,683
Deposits preferred
127,246
821.297
Other liabilities
9.664,979 11,781,011
10,139,132
Total
$45,784,767 $41,353,766 $48,123,530
4,838,927
21,148,630
1,956,053

Surp. fund & undiv. profits (book val)
Deposits subject to check
Certificates of deposit
Amount due sav. & loan associations.

12,432,336
106,555] 1,024,128

7,846,556

4,844,960

Specie
Legal tender notes cb bills of nat. bks.

Total

202,509

3,026,990

$48,123,536

$2,000,000

Capital stock

33,561,424
2,862,722
819
1,050,000
238,818

1,050,000

617,250
855,340

Liabilities—

525,000

37,429,396
3,751,036
24,103

34,799,670
4,336,677
120

.•..$45,784,767 $41,353,766

Total

Jan. 1 ’06. Jan. 1 '05
$2,127,153
$982,266
12,623,888 -13,344,653

$2,944,254
val.) 8,571,366

19,925]
4,888}
S07.713]

2,048
734,049

Other assets

(New York)*

Jan. 1 ’07.

Resources—

Bonds and mortgages
Stock & bond invest, rents (book
Loaned on collaterals
Other loans
Overdrafts

2,430.992]

1,401,027
94,000

bks.

Cash Items.

212,122
98,623
1,572,702

73,534
62,155

161,000

Supplement iry—
Total amount of prodts

Specie
Legal tender notes & bills of nat.

j

650.774J

Jan. 1 ’07.

Resources—
Bonds and mortgages

$4,375,000 $4,375,000
5,458,229
6,564,141
21,321,985}
2,529,532) 20,748,306

$43,742,774 $39,874,597

Total

Jan. 1 ’06. Jan. 1 *05.
$8,855,796 $10,628,129 $10,950,582
Stock & bond lnvestments(book val.)
7,243,925
9,889.308 10,451,681
Loaned on collaterals
20,119,601 13,204,989 17.124,720
Other loans
1,006,426
187,908
158,576
Overdrafts
1,095
104
2
Trust cos., banks, bankers & brokers.
1,876,472
1,495,163
768,713
Due from approved res’ve depositories
4,449,728
2,624,647
7,196,666

$32,977,618

$43,742,774 $39,874,597

Total
Liabilities—

Trust Co. (New York).

United States Mortgage &

Co. (New York).
Resources—
Jan. 1 ’07. Jan. 1 '06.
Bonds and mortgages
$13,139,064 $14,435,730
Stock Sc bond Invest meats (book val.)
6,011,834
4,804,711
Loaned on collaterals
14,265,150 13,700,413
Other loans
1,779,733 .1,681,371
Overdrafts
356
363
Real estate
1,927,230
1,553,72S
Trust cos., banks, bankers & brokers.
253,206
Due from approved res’ve deposiotrles
3,927,830
2,477,995
1,302,187
Specie
317,4281
Legal tender notes & bills of nat. bks_
320,055
49,110j
25,9371
Cash items
2,765
Other assets827.S11J
S13.364
Title Guarantee & Trust

Amt. deposits on
Rate of Interest

319

THE CHRONICLE,

1907.]

$649,000
1,445,000
2.956.887
1,362,749

$615,199
1,695,982
3,9 5 4,8 8 9
2,115,697
261

59

580,610
2,091 .800

1,206,668
2,560,418

677,097]
61 ,205J

234,585

381.072

150,332

Other assets

60,552

127,676

$11,166,518 $11,920,421 $10,475,913
Liabilities—

Capital stock
Surp. fund Sc undiv. profits (book
Amount
Amount
Amount
Amount

$1,000,000

1,433,340]
36,961 jI

5,796.720

86,378
917,970
222,193

159.335
1,132,522
581,143

146,088
1,664,098
443,821

563,417

215,601

$11 ,166,518 $11,920,421

$10,475,913

$654,443

$589,663

209,867
215,325

200,764

$425,613
146,268
158,539

100,000

6,441,562

80,000
6,573,292

6,243,380

2.82%

2.83%

due as exee’r, admln’r, &c—
due trust companies
due banks ami bankers^
due savings banks

Deposits preferred because secured by
pledge of part of trust cos. assets —

Supplementary—

Total amount of profits during year..
Int. credited depositors, same period.

Expenses of institution, same period.
declared, same period..
Amt. deposits on which int. Is allowed

Amt. of divs.

Rate of Interest

Washington Trust Co.

1,209,584

,273,250

5,740,450]1

995,797
505,705
5,715

bks.

191 ,584

(New York).

Jan. 1 ’07.
Resources—
$941,650
Bonds and mortgages
Stock & bond investments (book val.)
1,537,473
Loaned on collaterals
7,797,900
Other loans
186,000
Due from approved res’ve depositories

Legal tender notes Sc bills of nat.

1

1 25.000

740,483

Oth$r liabilities..

Specie

$1,000,000

$1,000,000
1,334,384
5,029.537
1,710,573

val.)

Jan. 1 ’05.

Jan. 1 ’06.

$434,225
863,050
9,847,960
159,097
626,438

$569,225

1,262,250
9,350,500
225,000
779,323

104.727}
4

,000 j

3,445

90,257

Other assets

..$11,970,240 $-12,295,025 $12,024,472

Total
Liabilities—

$500,000
1,081,406
7,237,082

Capital stock
Surp. fund Sc undiv. proflts(book val.)
Deposits subject to check
Certificates of deposit
Amount due as exec’r. adminls’r,
Amount due trust companies
Amount due banks and bankers
Amount due savings banks
Other liabilities

1,690,710
26,759

&c_

10,420

1,415,863
8,000

—

977,416
7,211 ,865]

8,993,742

1,653,054 )
3 5,9 58 J

2,018

15,160

1.907",Ii4

1,466,279
43,955

7,600

$11,970,240 $12,295,025 $12,024,472

Total

Supplementary—
Total amount of profits during year._
Tnt. credited depositors, same period.
Expenses of institution, same period.
Amt. of divs. declared, same period._
Amt, deposits on which Int. Is allowed
Rate of

$500,000
1,005,337

$500,000

$625,605

323,077

71,732

60,000

10,334,618
3.16%

Interest

Windsor Trust Co.
Resources—

Bonds and mortgages.
Stock Sc bond Investments
Loaned on collaterals
Other loans
Overdrafts
Trust cos., banks, bankers
Due from approved res’ve

Sc brokers.

depositoriesJ

Specie

Legal tender notes
Chsh items
Other assets

Jan. 1 ’06.

$520,000

$776,000
4,136,131

6,529,427
195,197
1.004
388,930
1,287,900
404,880
212,845

—

Sc bills of nat. bks.

201

178,986

Total

*05.

$805,000
,787,983

2,819.414

3.810,324
207,800

63,715

564

953
91 ,302

65,000
1,000,030
152,988] l
238,430 1
145]l
149,455J

1,071 ,332
,

255,276
126,428

$1 ,000,000
703,520

$1,000,000

.

all d_
.

354,912!)
54,930

|

3,020 J1

4,832.423
322,404
287,794

$13,841,766 $10,537,779

$7,021,403

$492,540

$304,261

144,148
164,988

Supplementary—
Total amount of profits during year..
Int. credited depositors, same period.
Expenses of Institution, same period.
Amt. of divs. declared, same period —

570,398

7,479,936]1

375,971
333,946
141 ,861
89.680

403,648
488,112

Amount due trust companies
Amount due banks and bankers.
Amount due savings banks
Other liabilities

Rate of interest

1

$7,021,403

$1,000,000
Capital stock
.
$1 600,556
Snr. fd. Sc undlv’d profits (book val.) _
9,351,398
Deposits subject to check
347.878
Certificates of deposit
•_
Amount due savings Sc loan ass’ns —
1,341,038
Amount due as executor, adm’r, &c__

deposits on which Int. Is

Jan. 1

$10,537,779
$13,841,766
$13

Liabilities—

Amt. of

300,211
66,658
60,000
10.459.176

(New York).

Jan. 1 ’07.

4,122,396

(book val.)i

$552,018

$469,838
300,120
68,278
60,000
10,777.671
2.81%

$650,469
311 ,770
1 24 .890

197,353

60,000

97,585
30,000

1,348.023

8.649,896

3.07%

2.78%

8,383

110,864
89,042

5,216,931

32 0

THE CHRONICLE.

(From our

,

own

on

the week.

pointed because the reduction in the Bank rate has given so
impetus to trade. Partty, no doubt, this is due to un¬
certainly respecting New York. The best opinion here all
along has been that there was no real unsoundness in New
York; that prices in many directions no doubt had been
carried too high; and that there would be some setback.
But there was a confident
feeling that after a certain time
liquidation would be found to have been carried far enough.
Tha general public,
however, being less well informed, has
been more or less apprehensive, and
consequently there has

doing.

Another influence that checked business
undoubtedly was
raising by the Bank of France of the rate it charges for
advances on stocks from 3^2 to 4%.
The Bank of France
the

so

in

rarely makes

a

change in its rates, and the general public

London, not following very closely movements on the
Paris Bourse, quite failed to see that
during the past couple

of months

speculation

materially.
prise and

on

the Bourse had increased very
was quite taken by sur¬

Consequently London

some

uneasiness

was

caused.

There is little doubt

,

however, that the feeling will pass away. In the stock mar¬
kets the tone is
really hopeful, while markets are firm.
Trade is wonderfully good.
Frym every great centre of in¬
dustry the reports are to the same effect,that never has the
trade
of the

country been

so large or so prosperous.
There
a very hopeful feeling and a general expectation
that 1907 will be an even more active and more

is, therefore,

prosperous

year than its immediate predecessor.
The railway traffic
returns and the Clearing-House returns all
show
go
that since the
beginning of the. new year trade has steadily

Vo

increased.

The

railway dividends bear testimony, of

course,
of events in the second half of last
year

to 1 he course
than to the immediate
more

present.

But it is

hardlydikely that
the directors of the
railway companies would have increased
their dividends if they did not feel that
they would be able
at least to maintain those dividends.
And the announce¬
ments made up to the
present show general advances in divi¬

dends ranging from }/£ to J/2%Over and above this, the
chairmen,at the half-yearly meet¬
ings of shareholders of the banks, arc for the most part
giving
assurances that each

19 5.
Jan. 25.

£

1904.
Jan. 27.

£

£

Reserve,notCsAeoin 2 i.20.3,525
Coin Ahull..hot!) dep 33,601,525
Prop, reserve to lia¬

the Stock

bilities
Bank rate

little

been little

1906.
Jan. 24.

£

27,846,000
X.719-,297
40,672,114
< tovornm’t
.securities 15,4.38,516
Other •scruritie27,927,342

correspondent.)

Consols, 2J-3

i.XXXIV.

1907.
Jan. 23.

Circulation
Public deposits
Other depo.-ato

London, Saturday, January 26 1907.
Exchange lias been dull throughout
Up to the present everybody has been disap¬

Business

[VOL,.

£

28.277,445

27,379.170

7,810,844
47,2X6,992
13.439,473

28'.043,100

8.965,055

o,016,294

41,394,578

37.224,092

24,634,36x

22,613,705

25.473.233
34,402.403

43,830.939
19,233,029
24,247,749
24.593,026
34,186,126

50 7-16

49 3-16

18,408,041

32,441,150

4S 15-16

p. c.
p. e.
p. c

1903.
Jan. 2».

41

5

4

3

28,432,100
8,515,372

42,254,151
I o 1636.390

29,266,329
24,125,658
34,382,158
474

4

4

874

89 11-1G
88 3-16
88
Silver
31 7-16d.
30 3-10<J.
28 3-1 Gd.
25 H d.
Clear.-house returns239,743,000 214,928,000
ISO,205,000 ICC,943.000

93 3-1C

...

21*id.

171,093,000

The rates for money have been as follows:
Jan. 25.

Bank of England rate.
Open Market rate—

_

Bank bills—3 montlis
1 montlis
—6 months
'trade bills—3 months
—4 months

4A
4 V'z

—

Interest aJiowtd for depositsBy joint-stock banks
By discount houses:

4 Vi
5
5

Jan. 12.

0

5
4

4 A (0) 414
5 ©5 A

5

Jan. 4.

6

A @4~$
4?i

4
'

<hAH
©5.4
(5,5)4

At call..
7 to 14 days

Messrs.

Jan. 18.
5

o

_

5 @5 1-1G
4 Vi
4K @44
6H @5 a
54 ©5 h

414 ©456
5©5H
54 ©54

©5,4

34

3H

4

4

3U

34
3A

4 Vi

4

3A

Pixley & Abell write

as

January 24:

'

Vi
4V6

4H

follows under date of

GOLD.—Arrivals have not been large this week, but the Dank has secured
the
greater portion, about £200.000, after
satisfying the Indian and the trade demand.
The movements are as follows:
£502,000 lias been received in bam while £385,000
has been withdrawn for South
America, the net gain being £177,000.
Next week
we expect £900,000 from South
Africa.

Arrivals—Cape, £307.000; New Zealand,

£18.000:

Australia, £143.000; total, £408,000.

Shipments—Bombay, £122,000
Singapore. £20.000; Calcutta, £2.500; Madras,£3.500;
total,£148,000.
SILVER.—Tiie tendency for silver lias been better and wc have risen
Kd. during
the week.
The Bazaars have been large
buyers
and there has also been some Con¬
tinental

buying, while holders are less inclined to sell. The price in India is Its.
804
per 100 Tolahs.
Arrivals—Australia, £ 14,500; New York, £ 152.000; New Zealand,
£2.000: total, £108.500.
Shipments—Bombay, £28,400; Port Said. £000; Chitta¬
gong.£1,000: Calcutta.£42.500; total,£72,500.
MEXICAN DOLLARS.—There have been some further
transactions in these
coins at their melting value.

The quotations for bullion

are
Jan. 17.

cold.
Jan. 24.
London Standafd.
s.
d.
Bar gold, fine, oz
77 it
U. S. gold, oz
76 4
Cernvin gold coin, oz.. 70 4
French gold coin. oz.. '76 4
Japanese yen. oz
76
4

The

follows:

as

SILVER.

d.

77
76
76
76
76

9

London Standard.
[Barsilver, fine, oz

4

I

4
4
4

(Cake silver,

Jan. 24.
d.

|

“ 2 mo.

delivery,

oz

oz

1 Mexican dollars
I

following shows the imports of

flic United Kingdom
during
with previous seasons:

the

31»*
31A
34!»

Jan. 17

.

d.

31 Vi

"

31A
33A

nom.

nom.

cereal produce into
to date compared

season

IMPORTS.

Twentu-onr wetks.
Imports of wheat ewt

1 *.)0U-07•
33,943.000

,

Barley

1905-06.
31.342.000
11,SOI,500
5.231,400
930.2X5
42S.S90
17,771.900
0.724.000

11,905.300
4.841.SOO
933.470
404.S50
20.335.xn0
0.013.200

Oats

P«*as.
Beans
Indian
Flour

reported

s.

corn

1904-05.
42.3SS.100
11.S72.SOO
5.4X2.000
974,791
717.0M)
17.s41.300
4.80s. 120

1903-0430,999,207
Jfi .0X6,708
0.037.49'1.009,339

990,31s

21.91S.39?
recognizes the necessity for increas¬
10.207.924
ing the bank reserves, and that each one, therefore, is willing
Supplies available for consumption (exclusive of stock on
to do what is reasonable.
All, however, are opposed to
legislation. All declare that the banks in agreement, with September 1):
1900-07.
1905-00.
1904-05.
1903-04.
the Bank of England will make all the
Wheat inin >rted. ewt
33.943.000
34.342.000
42.3XX.I09
SO .990.201
necessary arrange¬ Imports of Hour
0.012.200
0.724.000
ments and before very
4.S( S.J20
10,207,921
long introduce a plan which will S ties of home-grown
12.230.733
10.319.970
7.477,298
S.730,207
insure the keeping of much
larger reserve's in the future.
Total
All this tends to reassure the
..52.192,933
57.387.170 54.733.51 S 55 93 7.392
public, especially as the gold Average pure wheat, week
2f>s. Id.
28s.
5d.
30s. 5d.
27s. 3d.
production is increasing so enormously, and as the prospect Aver igc prie«-. e'.son._
20s. 3d.
27s. 10-1.
30s. ltd.
20s. lid.
now is that
The
everybody in South Africa realizes the necessity
following shows the quantities of wheat, flour and
for retaining the Chinese
labor, that consequently the pro¬ maize afloat to the United Kingdom;
duction of gold will continue to
This week.
Last week.
1905-00.
increase, and that there will Wheat
J904-05.
be a steady
...firs. 1.805.000
1,803.000
1.9X5.000
2,540.000
recovery in South African values.
Furthermore, Flour, equal to
qrs.
185.000
237.000'
one

--

-

.

_

-

there is an earnest belief that the Chancellor of the
Exchequer
will be ablet ogive relief to the
tax-payers in 1 he coming Budget.
The hope is
growing that the directors of the Bank of Eng¬
land will soon be able to
put down their rate of discount to

4%., Below that nobody ventures to anticipate that the
reduced; at all events until April. Whether it
will be put down to
4% depends mainly upon the course of
events in New York.
As already said, the best
opinion in
the city is that the
liquidation in New York is nearly ended;
that therefore there will be
comparatively little gold shipped
to New York, and that
consequently the Bank of England
will have to consider in
shaping its course only the demands
for South America.
The Indian Government, it is
true, is
selling drafts upon India in enormous amounts—at the rate
rate will be

of

over a crore a

means of

gold.

week. Therefore the Indian Council has the

buying silver, and is in

But gold is




Maize

040.000

qrs.

390 1100
005.000

730.000

145.000
840,000

English Financial Markets—Per Cable.
daily dosing quotations for securities, Ac., at London
reported by cable have been as follows the past week:

The
as

London.
Week endin'] Feb.8,.
Sat.
Mon
Turs.
Wed.
Thurs.
Fr!
Silver, per oz.
d. 31 15- 16 31 15- 16 31 15-16 31 11-16
31 9-16 31 1 IConsols, new, 2Pj percents.. 87'6
so 13- 16 S6 4
86 15-16 864
804
For account
874
87 1-16 874
87 4
87 3-16
874
French Rentes (in Paris), fr. 95.40
95.40
95.69
95.674 95.674 05.25
Russian Imperial 4s
70 A
78
794
78 A
794
784
Amalgamated (lonpor Co
115
114 4
IMA"
1154
1154 ' 1204
b Anaconda Mining Co... ... 14 4
14
14 4
144
144
144
Atchison TopekaA SantaFe. 103
103
4
104
>4
106
1054
107A
Preferred102
102
1014
102
1014 ' 101 4
Baltimore A Ohio
110
1 ISA
lisA
1194
1194
1204
Preferred
05 ‘4
06
954
96
954
06
Canadian Pacific
186 >4
185
1864
186 A
1874
1884
Chesapeake A Ohio
50 '4
50 A
50 4
51 4
51
524
Chicago Croat Western
16
16*3
17
1 r, 14
164
17
Chicago Milw A St Paul
151
151 M
152 4
153
1504
154
Denver A Rio (imnde, com.. 37'4
,T7
36 4
36 4
•> i
3X4
X° i
82 4
XL>4
82
82
82
Eric, common.
35 V
354
36
344
354
37
r ' ’ r
7‘ ’
72
7*> v:
70 4
72 4
Second preferred
60
014
614
014
61 4
63 4
I Uinois (Vntr.a 1
ire?
162 ’
163
164
164
164
Louisville A Nashville
137 4
137'.,'
138 4
138
1374
130
Mexican Central
2° '•>
23 4
23
214
24
25 4
Missouri Kans A Texas, coin. 37 1 i
37 A"
37
.38 4.
30
•10 4
Preferred
71
711 ;
714
714
72 4
7?»1
National HR of Mexico......
56
56’4
50 4
56 ’ 4
57
57'
N YCenlrd A Hudson Riv 120
120 4
1204
1304
132
1304
N V Ontario A Western
4 1'
454
1 f>1 i
46 4
15 4
46
Norfolk A Western, common 87 P.
571 •:
XX
87 1 i
88
804
Proferr-'d.
87' -j
XT
s /! 2
87
87
87
Northern Pacific.
1571 j
157 1 -1
17)7
1 ;>s
157 4
4
158
a Pennsylvania
A
674
67
674
f,X
074
a Reading <
6 1 ‘ i
’ompany
62 4
62 4
63 4'
63
04 4
a First
..

..

'

.

•

consequence

“oar-marking”

coming back from Egypt. True,
owing to the wild speculation in
Egypt, the country cannot spare very much of the metal;
yet the return from Egypt, in addition to the large
produc¬
tion in South Africa apd
Australia, is increasing so largely
the supplies coming here that
nobody doubts that the Bank
of England will be able to meet the demand for
South America
and yet to put down its rate to
-1% before very long. This
week only a small amount of
gold has been sent 1o South
America* none of it being on Government
account.
Up
to the present, during tlm month of
January,
onlv Cl .200,000
was sent at the
beginning of the month and £260,000 this
week, making altogether a little less than a million and a
half sterling.
The India Council offered for tender on
Wednesdav 100 lacs
of drafts, and the
applications‘exceeded 4-19 lacs at prices
ranging from Is. 4 1-161. to 1s. 1 f>-32d. per
rupee.
Appli¬
cants for bills at Is. 1 3-32d. and for
telegraphic transfers at
Is. 4 5-32d. per rupee
were allotted about 31 rJc, of the amounts
applied for.
The following return shows the
position of the Bank of
England, the Bank rate of discount, the price of consols, Ac.,
compared with the last four years:
now

the return flow is small, for,

-

,

-

......

_.

•

.

...

.

profened.

Second preferred
Rock Island Company
Southern Pacific
S'ml hern Bailway. common.
Preferred
a

...

Union Pacific,
Proferr-'d

.

.

05

26 A

-

XT
,

454

Preferred

losq

.

Preferred
Debenture IV.s
..

a

.

93 i

..

F S Steel C >rp, common

Wall ish

••

1754

common

....

•16 ''
•hi1
261

Price per share.

16’ :
321
721 *"•

40 M
40 U

46 4.

26
05 4'

26
054

♦

*4

XT
176 4'
036.
1 5'
IDS'.,
17
.

,

.

b£ sterling.

721

*

464
26
S7

4'

1774
03 4
45A
100
17

46’-.
46'.',
26 4
96*
27
87 1 ■••
179
J

<

•104
109 4
7

!

33

•>

72 4

*7

,«
.

»

]

'

40 4
40 4

004

401 ■
4t '
27 4
97 4

27

2x

‘20 4
.

XX

874

17.8'j
of

170-4
91
47

404
1004
17
7,3 4 72 4

1

104
17
33’.1
72 ’

Feb. 9

321

THE OHR^vini K.

11*07.]

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 last Saturday and
since Aug. 1 for each of the last three years, have been:
ments

DIVIDENDS.

changed the method of making up our weekly
dividends. Heretofore our record has included only
the dividends announced each week, but for the convenience
of our readers we now enlarge the scope of the compilation
so as to show also dividends previously declared, but the
date of payment of which has not 3'et arrived.
In the new
form the statement indicates all the dividends announced
for the future by all large or important corporations.
Dividends announced this week are printed in italics.
We have

list of

Per
Call.

Name of Company.

When

Books Close d.

Payable.

Deiys Inclusive.

Brought from Page 348.—The state¬

Breadstuffs Figures

(jPominevcial and J$MsccU<mcims|>ciu£

Rye.

Barley.

Oats.

Corn.

Wheat.

Flour.

Receipts at—

bbls.ldCdbs. bush. 60 lbs. bush. 56 lbs. bush. 32 lbs. bush.-18 lbs. bu. 56 lbs.
Milwaukee..
Duluth

495.000

234.000

216,600
37,508
235,800
66,700
43,150
45.185
742.400
211.500
97.200

2,232,002

6,980,468
4,422,053
3,713,950

3,332,623
3,987,443
1, SI 0,204

122.368

.

..

Toledo
Detroit

45.000
16,359
16.536
216.059

2.200
1.100
52.565
26.300

Cleveland
St. Louis
Peoria

347,351
382.402
452.910

Total week
Samewk. ’06
Samewk. ’05

258,736
1,319,390

10,800!

Kansas City.

...

254.130
278.000
103.080

1,062,880

Minneapolis.

671.000

2.976,015
2,485,771

521.307
367.200
5.030
126,000

39.000
36,000

155,100
65,000

9,000

1,240.687
1.727,395
1,029,606

108,511
117,104
87,875

1,637.000

3,712,123
150.000

164.000
83.000

236.021
29.075

Chicago

2,311

13,200
1,000

8,000

■■

•

Railroads (Steam)
Baltimore & Ohio, common

i

J

Preferred
Buffalo Rochester & Pitts., com. & pref.;
Chicago & North Western, preferred
Chic. St. P. Minn. & O., com. and pref-.
Cleve. Cm. Chic. <fc St. Louis, common..
Cleveland A Pittsburgh orig. guar, (guar.)

Special guarantee {guar.)
Delaware & Hudson (quar.)
Erie. 1st preferred
Second preferred

3
2
3
2

Meh.
Mch.

3^
2

Feb.
Mch.

\u

Mch.

1
2
2
2

Mch.

Feb.

April

Md Mch.
Feb.

April
Mch.
Feb.
Feb.
Mch.
Meh.
A pril
Feb.

3V$

Illinois Central.
Louisville & Nashville
National Railroad of Mexico, preferred. .
New York Chic, it St. Louis, first pref
i
Second preferred
New York & Harlem, com. and pref
Norfolk & Western, adj. pref
Peoria <fc Bureau Valley
Pitts. Cin. Chic. & St. Louis, common..
Reading,1st preferred
Rome Watcrt'n <fcOgdensb.,guar, (quar.)
Vandalia
Utica Clinton & Binghamton

3
1
5
4
2

{

2

Feb.

4
2

Feb
Mch.

O

Feb.
Vi
246 Feb.
Feb.
IK

Feb. 28
Feb. 28
Feb
5
Feb.
2
Feb.
6
1
Feb.
9
Feb.
Feb.
9
Feb. 23
Feb. 28

April

9

Feb. 20
Feb. 12

Feb.
Fob
Feb.
Mch.
Feb.
Feb.
Feb.
Feb
Jan.
Feb.
Feb.

%

New York
Boston
Portland

Philadelphia

10

Baltimore

I
1
15
1

Richmond
Newport. News
New Orleans.a

10
5
20
31
5
0

Montreal
Mobile
St. John

:

3
1
3
1
l

Railway*
Columbus ((>.) Railway, common (guar.).
Galveston Electric Co., preferred
Georgia Ry. <V Elec. (Atlapla), com.(guar)
Grand Rapids Railway, common (quar.). .
Met. West Side Kiev. (Chic.) .pref.(quar.)
Philadelphia Company, preferred
Terre Haute (Ind.) True. & Light, pref
Twin City’Rap. Iran.. Minn..com (quar)
1VhatcomCo. {Wash.) Ry. ct- LI., pref

w

Feb.

j Mch.
i Meh.

4

K
24

■Feb.
Mch.
•Meh.

j .Mch.

j Mch.

3
l
3

M

Feb.
Mch.

1
i

to

1
15 Feb.
1 Holders

of

rec.

1 Holders of ree.
to
20 Feb. 16
1 Holders of rec.

30;Meh 22
l j Holders

to

Hold■ rs

1

15 H alders
Holders

1

of

ree.

of
Of
Of

rec.

rec.

rec.

Feb.
Feb.
Feb.
F< ft.
Feb.
April
Feb.
Fib.
Feb
Feb.

15
14
n

20
15
4
9

15
4

.

15

j

Miscellaneous.

•Feb.

Of, Ian.

25

lo

4 ileb.

2r* Ian
20 Fob.

25

to

1

Amalgamated Copper (quar.)
Extra
American Chicle, common (monthly)
Amor. Craphopltone, pref.(qu.)(No
American Locomotive, common (quar.)
American Radiator, common u/uar.)

'Feb.

1

Vi ! Feb.
Vi Feb.

-47)1

!

1
0

Common. extra

.Mch.

in

_.

1
21

Amer. Seeding Machine, corn. (quar.)..
American Tobacco, comnum (guar.)

American Writing Paper, preferred
Butterick Company {guar.)
Cambria Steel
Casein Co., pref. (quar ) (No. 27)
Central Fire Works, common.
Preferred

Me!l.

i

0

j .Mch.

{April

1
1

'

Feb.
April

|

15
1 1

Uj

j Meh.

1

34

Mc.h.
! Meh.
Mch.

1 '
15

2

i

m

(E.I.)duPont deNem’rsPow.,com.(quar)
Diamond Match (quar.)
du Pont Intermit. Powder pref., extra.
General Chemical, common
International SUr< r, preferred (extra)..
Inter. Smokeless P. & Ch., com. (extra).
Jefferson «& Clearfield Coal
Iron, pref..
Milwaukee .C Chicago Breweries, Ltd
Montreal Light. Heat <fc Power (quar.)..
National Carbon, pref. (quar.)

2 1

„

l ><;
2
l

..

K
2*<

3R
14
14
14/
14
1 4
24
14
14
14
l K
14
m

Niles-Bean'nt-Pond, common

Preferred (guar.)
New England Tel. «fc Teleg. (quar )
N. Y. & Queens Elec.
Power, pref
North American (quar.)

People’s Gas Light A C >ke (quar.).
Pittsburgh Brewing, common (quar.)
Preferred (quar.)..
Pratt &■ Whitney, preferred (quar.)
Pressed Sit'd Car pref (quar.) (No. 32)
Procter & Gamble, common (quar.)
Pullman Co (quar.) (No. I GO).
Quincy Minim (own.).
Republic Iron d- Steel, preferred (quar.)..
Preferred (extra)
Rubber Q iod* Mb/., pref. (guar.) (No. 32)
United Bank Note Corn., com (quar.)..
United Cigar Mfrs.. pref. (quar.)
U. S. Cast Iron P. * Fdy., corn, (quar.)
(No. G)
'Preferred (quar.) (No. 25)
U. S. Steel Corn.,com. (quar.) (No. 13).
Preferred (quar.) (No. 23).

\ Feb.
Mob.
Meh.
i Feb.
1 Feb.
! Feb.
: Fob.

| Feb.
; Mch.
i Fe ft.
! Feb.
! Feb

1 Mch.
1 Feb.
Feb.
IFeb.

{Feb.

Feb.
Feb.

3

! Feb.

0

4.50

14
2e

14

1

Mch.

| -4 pr.

U pr.
1 Mch.

1

1 Feb

1:4

j Mch.
i Meh.

1

..

1
1
1

Mch.
Feb.
Feb.

14

.

to
15
15 Holders or rec.
to
P
26'Feb.
to
30 Mch. 24
to
30 Mch. 24
to
10
1.5 Feb.
1.5 Holders of ree.

14 Rich.
l'o

14

Mrh.
1 Feb.

15
15
•1
1

15
15
28
15
1.5
20
15
15

11
1

25
20
20
15
27
15

10
10

20
1

25
30
30
p, ft.
16
Meh. 31
Feb.
16
to
Meh. 13
Holders of rec. Meh. 15a
to
Meh.
1
Frb.
ii>
Holders of roe. Jan. 31
to
1
Feb
10
Feb.
1
Feb. 10
to
M<-h.
to
Mch.
1
Feb. 1!)
Meh.
6.
to
Mch. 15
Mrh.
6
Holders of rec. Dee. 20
Meh.
to
4
Fob. 21
to
Mch.
1
Feb. 17
IIo dors of ree. Dec. 20
of
ree.
Feb.
5
Holders

Holders
Feb.
6
Mch. 15
Feb. 10
Feb
1
Feb
I
Holders
Feb. 16
Feb. 13
Feb. 13
Feb. 10
Feb.
7
Holders
Holders
Holders

of

to

Jan.314
Feb. 25
Mch. 20
F> ft. 15
Feb. 14

to

Feb

rec.

to

to
to

or rec.
to

to
to
to
to

of

rec.

of ree.
15
11
Of rcc.
I
1
15 Holders Of rec.
to
2
15 Feb
to
1 Feb. 19

0

to

0
1
30: Meh. 16
7
28 Feb.

to
to

1

Feb.
Feb.
Feb.
Feb.
Feb.
Mch.
Mrh.

Feb.
Feb

-

to

I J

Feb. 15a
Feb. 25
Fob. 20
Feb. 20
Feb. 15
Feb. 26
Jan 31a
Jan
31
Feb. 23

Mch. 8
Feb. 15
Mch. 3
Feb.
Feb
April
Feb.

Total week

oilier securities the following, not
regularly dealt in at the Board, were recently sold fit auction:

84
50
120
42

.

_

.

15
Cent. New Eng. Rv. Co. pf. 22 R
Cent. Ww Km-.' Rv. Co..
22 R.
Rf:i. r.’Ud C’f
.4
T7. S Life ins. Co
100
Mechanic-;’ Bk. of Bklvn..325
West cheater Fire Ins. Co..550
K. W. BID< Co.. common._ 1 35 R
Corn Exchange Bank
307 R
Xcw'York Trii-'t Co
...-735
Manhattan Rife Ins. Co. of
New York
408 >£
common-

Gil
30

.

04
120
15o
So
3

10

10




.

.

I

i

!

|

& Son:

Flour......

50 Amer.

Co.
$•"»'» persli.

Telegraphone

lionets.
S’.’.300 Stll Ave. UR. Co. C.%
Sor t* ........ — . -100
$17,0.in Ct nt. New Eng. Ry. Co.
Gen. M'tre. Bonds’ 1919 .
.
OR
$?53 30 Cent. New Eng. Ry. Co.

.
Serin
.
05
$8.<>oo Cent. New Eng. Ry. Co.
•
1st r>* 15*10.
F. <& A . . . 102
' S »,0on Superior Water. T/. & ,
'
Row. Co. 1st 4s 19‘U. M.&\. 45
,$250 Superior Water, Lt. A:
j
Row. Co. Rtco’ncs 1031.
t
Nov. 1901 Coupon on
S3S
‘ 70 Lincoln Trust Co
3!)0
,

29,641
714
«.

8.250

62.531
21

15,780

11.101

712.008
2,295.048

105,892
617,933

33.2S0
49.568

passing through New Orleans for foreign

Jan, 1 to Feb.

ports

2 compare
1004.

1005.

190(5.

1,620,875

1.323.169

2,110.682

bush.

0.254.207
12.206.560

1.926.124
20.141,107
3,120.327

8,547,181
0,719.884

4,052.407

9.S1N.917
32,306.307
8,028.607

718,236

2,485,641

242.387

701.126
67,063

53.871.049

26,045,750

Wheat...
Corn
Oats

Barley
Rye,

152.472
26.473.972

Total grain

3,565,093

500,082
206,056
22,038,206

several seaboard ports for the week
in the annexed
statement:
shown
Peas,
Oats,
Barley,
Rye.
Flour,
Corn,

exports from the

The

ending Feb. 2 1907 are
Exports iro/n—
New York

Wheat,
bush.

Portland.

306.S70
216,172

Boston

321.265

Philadelphia

....

Baltimore

-

Newport News...

105,575

bush.

bush.
5.248

2,082
24,021
—

"'

90
12.000

9,540
1.500
21
15,7.80

6.342
13.375
1.400
6.631

330.031
298.903
1,184

8.8.906
80.000

New Orleans
Galveston
Mobile
St. John, N. B

59,787
7.472
9,3*6
28.501
41,406
31.812

154.439
305.385
708,289

bush.

bush.
79,785
9,856

bbls.

bush.
489.433

343.952
44,043

15

11.101
—
-

116.572
-48,322
288.076 1,912.005 .21,428 601.762
206.112

Total week
1,506.783 2,287.664
Same time'1006.. 1,549.263 6.846.639

Since

Since

Week.

July 1

Feb. 2.

1906.

since July 1 to—
bbls.
United Kingdom...122,104
21.031
Continent
So. and Cent. Amer. 13,407
West Indies
49,004
Brit. No. Amer. CoLs
30
Other countries
446

bbls.
3.735.309 1
1,515.232
445,486
002.654
57.740
136,304

206.112 6.792.731
288.076 6,591.778

Total
Total 1005-06

Corn-

-Wheat-

Flo

Exports for week and

7.345

13,542

exports for the week and since

The destination of these

July 1 1906 is as below:
ur—

Week
July 1
1906.
Feb. 2.
bush.
bush.
,271.497 32.585.094
217,968 30,561.254
198.894
16,881
9.647
437
8.000
376.803

Since
Week.
July 1
Feb.
2.
1906
bush.
bush.
1.174,908 13.947.4IS
1.047.455 18.343,585
381,580
755
1,379.270
62.910
67,803
116
166,353
1.520

1.506.783 63,739.692 2.287.664
1.549,263 34,179.770 fi.846.M9

34,205,069

67,579,422

supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports Feb. 2 1907, was as follows:
Barley,
visible

The

Wheat,

1.802.000

Boston

Philadelphia

...

Toronto

Buffalo
afloat

Toledo
Detroit
Chicago
Milwaukee
.

Fort William
Port Arthur
afloat

Duluth

Feb.

105.000

826.000
325 000
9,981.000
574.000
2.056.000
2.033.000

374.000
321.000

5.681.000
.3.101.000

St. Louf
Kansas City

Total
Total
Total
Total

4.085.000
3.826.000

1.001.000
230.000

Oats,
bush.
451.000
14.000
62.000
180.000
141,000

86.000
11.000
413.000
1,450.000
791.000
46.000
1.173 000
680.000

4°0.000

Minneapolis

On Lakes
On Canal and

264.000
871.000
311.000
269.000
643.000
33 000
24.000

Corn,
bush.
500.000
138.000
203.000
008.000
771.000
201.000
31.000

766.000

3.412.000

..

Indianapolis ...”
On Mississippi River.

•*£

2,000

1.867.1G6

Peoria

'

79,500

bush.
58,800
25,741

,.._bbls.

"

Storks.

500,500
163,000
12,464
1,184

2.228.680
6,076,455

Total receipts at ports from
follows for four years:
Receipts of—
“
1907.

Baltimore
New Orleans
Galveston.a..
Montreal

Auction Sales.—Among

20,844

Rye
bushl
2.925

Barley,

as

“

Eighth Avc. UK. Co
1
.370
Am. Excit. X a *. Bank
L’l.’iRj
Nat. City Bank
.2G2
-203 R '
Bklvn. lie:.! Est. Exeil..Ltd.KO
j
Cent.. Ww Eng.' Fly. Co.,

1,495.978
1.547,077

Receipts do not include grain
through bills of lading.

28

20.

31

105.575

341.626
296,678

._

_

Week 1006

on

1,400
6,631

23,454

408,675

47.500
137.000
6.089

3,688

New York

ft Five per cent declared, payable in two install¬
Transfer books not closed,
el Vine ner cent declared for year, pivable in quarterly installments
/Also l’.R, declared, payable June
cOn account of deferred payments.

j

335,000
15,600
216.172
537.478
71.114
20.450

Galveston

28
28
15

a

Stocks.

bush.

b/tsh.

ments.

By Messrs. Adrian II. Muller

..

533,548

Oats.
bush.
286,500
65.165
9,856
84,282
87,529

Com,
tush.
482,675
103,180

Wheat,

Flour,
bbls.
110.279
34.325
7,472
57,969
67.062
5,350
31.812
13.638

•

the seaboard ports for

Total receipts of flour and grain at
the week ended Feb. 2 1907 follows:

a

Street Railways.
Boston Elevated

Preferred (guar.)..

to
1 Feb. 14
to
1 Feb. 14
of
rec.
Holders
15
1 Holders of rec.
20 Holders of rec.
1 Holders of rec.
1 Holders of rec.
1 Holders of rec.
15 Holders of rec.
to
1
28 Feb.
to
0 Meh. 13
to
1
1 Feb.
to
11 Ian. 22
to
6
11 Feb.
1 Holders of rec.
1 Holders of rec.
1 Holders Of rec.
15 Holders or rec
to
2
11 Feb.
15 Holders of rec.
9 Holders of ree.
15 Holders of rec.
15 Holders of rec.
to
0 Ian. 21

Since Aug. 1
4,939,893
1906-07... 11 .S54.006 148,243,574,104.315,475 115,997,010 45.205.679
5,770,005
1005-06... 11.423,301 164.746.277 104,933,032 139.528.235 56,254,602
5,104,960
49,237,045
1904-05... 10.222.655 152,424,168 103,665.363 97,788,034
1

3.730.000
217.000
295.000

570.000
670.000
401.000
-108,000
10 1 000

3.913.000
375.060
120.000
1,017.000

7.314.000
7.201000
14.851000
11.30.5.000
8.070.000
9.510.000

11.848.000
J 1.983.000
26.6.5.5.000
18.644.000
8.506.000
4.418.000

Rye,

bush.

4.000

bush.
36,000

’143,000

1.000

52,000

404.000
145.000
21.000

867,000
358,000

18.000

528.000
72.000

205.000

164.000
67.000
30.000

202.000
501.000
13.000

408,000

16.000

81.000

River.
2

1007..41.852.000

Jan. 26 J007 .41.731.000
Feb.
3 1^06
48.537.000
4 1005
Feb.
38.979.000
Total Feb.
30.300.000
6 1001
7 1009 .48,420,000
Total Feb.
a Last, week’s stocks.

2,642.000
2.708.000
4.680,000
1.937.000 5.714.000
1.085.000 4.772.000
929,000 2,126.000

1.700.000

3.71 s f*00
2.474 000

322

THE CHRONICLE

Statement of New York City Clearing-House Banks.—
The following statement shows the condition of the New
York City Clearing-House banks for the week ending Feb. 2.
It should be distinctly understood that as to all items except

capital and surplus, the figures are the averages of the daily
results, not the totals at the end of the week. In other
words, in reporting loans and deposits and holdings of
specie and legal tenders, the practice is to take the aggre¬
gate of the amounts for the several days of the week and
divide this aggregate by the number of days.
We omit two
Banks
00$ omlthd.

Capital.

Surplus,

! Specie.

Loans.

i

cases.

Legate.

Deposits, a

Re¬
s’rve

1

$
2.000.0

Bank of S. Y_.
Manhattan Co.

Merchants’

$
1
2,950,2 j
2,863,7
1,490.0;

2.0. >0,0
2
O’
3,000.0
1,500.0'
1,000.0

...

Mechanics’
America
Phenlx

North America.1
Hanover
Citizens’ Cent..
Nassau
Market A Full.

Metropolitan
Corn Exchange.i
Oriental
Imp. & Traders;
Park
East River
Fourth
Second
First
N. Y. Nat. Ux.j

Bowery
N. Y. Co. Nat.. |
German-Ainer
Chase.
_j
Fifth Avenue._i
German
Germania
•
Lincoln
Garfield
Fifth
:

Exch..|

1

West Side
Seaboard
1st Nat.. Pklvn

j
•

N. Y. Prod. Ex.,
New AtnsTor... •
Astor

|

,

Totals
a

4,711,9
772,7i
1,018,2.

466,3'

2,000.0;

2.197,8
7,850,7'
860,5 i
352 ,o
1,518,4
809,2 i

500,0
1,000.0
2,000.0
3.000,0
750.0

20,063,8

3,635.0
7,450.0
10,725,5
37.006.0
10,013.4
24,989,4

4.767,6!

1,202.91

1,560.0

7.030,9!

3.060.0

8,144,2
123,4
3.083,1

0.0

3,060 ()
7 00.0

1.815.01

10.060.0
1.060.0
27,0.0

18.109.2|

778,2!
840,7;

7.0.0
5.0 0 0
100.0
200 0

4.150,6j

200.0
506 0
1,000.0
2.,0 0
1,000.0
200.0
1.060.0
no o

1,470,4
1,391.1
456,6
1,660,3!
846,2'
1.260,1.

l.ooo.o
1,000.0
1 .000.0
3 50,0
1 0->0.0

2,224.9!
571.4!
280.9!
727,7<
564.0

603.8
1,840.51
814,1;

930,5)

685.3!

l-23.ro.0 1.-4,333.4

|

s
1,532,0
2,351.0
960,8
1,998,0
2.377,6,

2,694.0

$
16,093,0
25,367,0
14.644.6
22,151.0

%

20.2
30.2
26.2
30.0
25,412.2 25.5
7,033 0 25 2
109.0
11.752,7! 126.390,3 28.5
3,932,9 1,897,3:
22.517,0 25.9
1.279,3 i
304.0!
6,346.8 25.0
916,1 j
6.059,3 24.8
591.0611.5
69,6
2.436.6 27.9
1,073.0 i
7,726,0 25-3
887.0'
1.158,9 !
6.550.0 23.0
352,4'
4.121,3 1,188.5!
21.076,2 25.1
20,025.7 10,931.2 122.267.3 25-3
3,218,3 1,166,0:
17,887,8 24.5
246.1
480.4
3,893,4 18.6
8-10,0
773,0
5.977,1 26.9
275,9
584.6
2.626,4 32.7
3,081,7
1,334.2
16.706.4 26.4
9,992,5 6,079,1
63.648,8 26.1
2,652.8 2,432,8
19,934.2 25.5
325,0
613,3
4.125,7 22.7
1,639.5
560.0'
7.428,6 29.6
2.270,7
191.8
10.718.4 22.9

5,335,0
2,881.1
4,658.0
4,126.2
1,669.0 |
24.287,9

We omit two

ciphers (00) in all these Jigures.

j

6,658.0
1,921,8
4,230,0

4,438,0;

42,775.0 25.9

382.9:
1.201.0

10.285,2 22.4
21,946.0 24.7
85.590.0 26.3
1.617,4 24.3
21,243.5 27.0
9,566,0 25.3
78.9S l .5 27.9
17,592,6 25.6
4.180.0 21.2
6.010,9 25.5
3.918,2 25.3
55,796.7 25-1
12,284.4 25.6
4.248.6 23.7
5.080.9 22.4
15.067,8 25-0
7,818,6 24.8
3.219.0 27.0
10.419.3 20,0
4.488.0 23.2
20.715.0 25.5
4.801.0 22.2
9,934.2 24.6
7,184.2 25.9
5,887.3 23.4
5.179,0 24.7
15.230.0 25.0

16,501.0

0,081.0

1,420,1
19,081.6
10.035.0

233,0

3.437.3

160.0
2.292.7
1,298,0

and

Loans.

Specie.

$
$
$
s
s
279.782.3 1049.667.5:172,951.4 77,341.0 1000.578.3
279,714,0 1048.808.7 177.601,6! S3,269.7 1008,922,4
279.704.0 1063,957.3! 192,610.6186.458.7 1042.434.4
277.783.4 1085.985,4 196.873.2 85,442,5 1067.011.6
277.783,4 1097,837;5 197,800,3184,013,8 1076,720,0

-

.

43.6S0.0
43.680,0
43.080.0!

180,671,0
183.389.0
184.705.0

16,881.o; 5.972.0

43,080,0

187,810,0

IS,935.0

15,367.0

;

51.165,0

217.770,0
51,165.0 218,774.0
51.165,0! 219,085,0
51,165,0: 220,795,0

59.008,0
59.77 6.0
58,462,0

.r

1,140,0
20.012,0
3,598,9
615.0
1,023,1
816.3
12.825.0
2,528.4
155.0
610,4
1,8-42,7
1,635.8
692.5
672,7
496.0
3,438.0
6 16.0
1.836.0
1,417.1

2,069,81
919,9,
275-0
511,5

175.0!
1.184.3
617,1

855,0
067,7
2.0151

304,2,
17X.S

1,477.8
549.0
1,852.0
422.0
550.0
448.9
555,6
228.0
185.0

824.S

1,055.0
3.025,0

Legal

plus.

Specie.

Invest¬

j

ments.
--

-

N. Y. Citv.

Boroughs of
Man.&Br'r.
Wash IDalits

Century

....

Chelsea Exeh
Colonial

$

lOO.D,
100.0

Columbia
Consol. Nat.

Fidelity
14th Street,.
Hamilton
Jefferson
Mt. Morris..
Mutual
19th Ward
Plaza
Riverside
12th Ward..
23rd Ward
Union Exeh.
Yorkville
Coal A- I. Nat
34th St X it.
Batt. Pk. Nat
Borouah of
.

_

.

.

.

...

Brooklyn.
Borough

Broadway

to

$4,392,000;

Mechanics’

.'•00 O

ti,214,0;

on

1,122,4; 7.115.7;
148.41

994.4'

5,604.9

225,7!

5.372.9

,)|I0 0

6.35.0
139.3

4,155,Sj

2..0 u
2') i.o

2.007.0

200 0

260.9! 3.356,0
250.8, 8.092,9

10.1.0'

318.3'

10' ')
2 •() i,
100 !i
750a'
It 10 i.

!0s.5‘
200.2

3,973.0|
1,714,7,
2,3.50 0

72,1
97,9
265.0
744.0
15.8!

271,3;
lif> "> ,7
10,6
121.5'

19,5
19.9

253.0

17,1;

164.9:

1.780.4)

36.0
67.0

7s9.3
835.2

7,490.9'

305.7

3.206,5.

•11 .3
663 0
348.4:
128.0

500 O

5, >0.9

200.0
200.0

204.3-

116.5!

1,629.0
1,270.3
730,0

Imports and Exports for the Week.—The following are
New York for the week ending Feb. 2; also
beginning of the first week in January:
FOREIGN IMPORTS AT NEW YORK.
For week,.

!

Dry Goods
General Merchandise
Total
Since

..

1 ■>() 0

300.0
..

_

2 V2.0

1,000.0

North Side..
Union
Jersev Citv.
First Nat...
Hud. Co. Nat
Third Nat
A Hoboken.
First Nat
Second Nat.

100.0

150.0
408.5
lf-t.o
702.9

2.741,4!
2.6.31,s
1,353,0
4.771.F

9 18.3 10,406,5
391.6' 6.3 13.0j
653.0
3.136.0
209.1
1.664.0!

1,600.0 1.077.1

11.072.0

19.9

Ti ruler
arid

Clear¬

Bank
Notes.

ing
Agent.

451.1

48.3
44.0
346.7
236.0

62,2
60.5
330,5
209,2
272.8
134.2
370.1
314.3
237.0
137.8
210.0
167.2
159.0
308.3
205,0

7.2;
80,0

{

Other

$2,580,006
10,089.936

$19,203,508

$15,304,579

$17,046,459

$12,669,942

j §20.400,862
62,645.683

$18,448,393
51,410.407

$16,222,688
54.533.280

$14,400,664
48.059,037

$83,016,545

$69,864 ,S0O

$70,755,968

$62,459,701

January 1.

j

1907.
For the week

Previously reported

S

95,0

82.8
200.6

64,6
510.2

183.2

559.0

382.2,

474.0

76,4]
492,3!

!
504.2!

260,2!

210.0
182.6'
58.0

219,3
‘177

.0

268.5'

61.1

479.4
128.0

116.7.

146.8,
199.0’
16s.()
202.5
161.2
779.0
90.2
90.0

156

Exports.
Week.
Great Britain

636.3
280.0,

•187.0'

28.3!
293,0

112.5}
586,0l

1

1

'

Week.

Since Jan. 1

;

$365

France
_

$1,000

$277,675

$3,256

1.052,910

4.109
58,370

17,875
11,336,423

$1,330,585
1.053.875
23,648,883

$65,735
22.991
214,149

$1,105,647

$2,843,784

1

-

Total 1907--Total 1906
Total 1905

$1,000

66,012
19,712

250,007
20.071
$356,167
188,860
344,263

Great Britain
France

828.9

West Indies
Mexico
South America
All other countries
Total 1907
Total 1906
Total 1905

4.069.1

3.278.7
3,629,2
4,297.7
4.110.0

Of

!

315,5}

2,372.6

72.3 i
93.4

212.1
390,2

1100
125.0

578.7

124.0
50.3

20.2!
49,9

133.7
88.4

:

2 11237.0 1 5257.3 131065.2
7,192.0
52573 131682,2 5,864.41 7,478,4
5257.3 134175,4
7.7SS.9

195,5;

the

1

891

V.589

|

81.106,538’ $2,855,373

1,876.299}

-----

0,015.269
3,494.203

938.045!

above

'*$216

"’5*773

16.425
18.034

116,524
188,606

$34,675

$311,984
232.748
55.544

-

imports

14.214
5.763

for the week

American gold coin and

1,493.6
690.0

2.905.3
2.908.0
2,152 3
5,101,2

173,2} 12,252,9
i

81.0
504.0
7)7.3
246.6
1.357.0! 1.489,0

44,1

$1 022

|

wore

5.948.0
3,584.0
1.863.9

91.3

22,5

80.7-'
105.6

6.071.6
2.332.6
2,075,6

Spencer Trask & Co.

1

i Branch Office, Albany, N.Y. William and Pine Sts., New Jerk,

Moffat

2.007.4
1.714.3

14,428.2 6.914,0 142147.4
13.140,7 j 6,372.3 141015.4
13,607,8! 4.882,8 1422S4.7
.

We shall be pleased to mail investors
copies of our 10-page
Short Term Notes and Collateral

!circular describing 5 7
[Trust Bonds.

13.401.0

735,01

867

2Sanluniji and Financial.

1

-

—

.

3,633.0

2.686,0

68,(1; 4.316.0

837.0

_

Germany

1.320,5
1.275.1
4.915.5
6,672,0
5.250.0
952,8
6,758,2
5.907.5

2.105,8
7.54.5.6

120.0

1,160.0)

193.8!

5,518,5}

Imports.

,

Since Jan. 1

43.0

90.8
33.4

121.0

5,855,0*

42.610,118

983.3

!

-

104”

115.5;

4.026,1

Total Jan. 26,11237.0
Total Jan. 19! 11237.0
1
•
•
i

41,210.073,

in 1907, $1,000
American silver coin.
| Of the exports during the same time 81,000 were American
j
were American silver coin.
| gold coin and

'

287,4
326,5
613.8.

2.729.1
1,886.6

193.3

$9,389,505

S7.558.942,

SCO.420,402; $64.112.531| $48,769,015; $51,999,623

Net

0, 2.002.9

77,0}

703.6

*3 -E-V*

1904.

1906 and 1905:

$
!

88.S

1,163.2

2.362,6
1.625.0

1905.

The following table shows the exports
and imports of
specie at the port of New York for the wreek ending Feb. 2
and since Jan. 1 1907, and for the
corresponding periods in

ti-c.

198,4}

1 14.2

89,71

1906.

$11,417,445. S14,449,640;
49,002.957
49,662,891;

..I

Total, 5 weeks.

Banks, Deposits.

$

400 0
250.0
200.0

331,5-

1904.

$3,883,669
13,162,790

South America
All other countries

150.3'

232.8'
232.0

!

1905.

$3,784,083
11.520.496

.Silver.
$
32,9

196.7!

138.5!

1906.

$4,562,080
14,641,428

EXPORTS FROM NEW YORK FOR THE WEEK.

1

43.0

'

1907.

The following is a statement of the exports (exclusive of
specie) from the port of Ncwt York to foreign ports for the
week ending Feb. 2 and from Jan. 1 to date:

Deposit with

'

200.0

146.917,0
150.332,2
144,000.6
155,602.4

Jan. 26 to $4,617,000.

i

S
13,4
26,7'

4,215.1!

168,1

750.0
3‘iO 0




105,4
436.7

20 1 il

Nassau Nat.
National City

Total Feb.

152.6:
9s.lv

$
1.011,5
1,352,2
944,8!

14.027.0
13.955.0
13.912,0
13,914.0

the imports at
totals since the

(lermanv

!

Drooklvn
Mfrs.' Nat

;;h).i'.
1.0 0 •)
•-’00. <>

$
il’.S.S

8,479.0

1 24S.700.0
246.851.0
253.041.0
253.245.0

EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

1
1 «)•> i)
200.0

218.420.0

206.504,6
235.527.1
179.246.7
172,152,3

S.454,0

1

West Indies
Mexico

arid

8.654.0
8.477.0

Including for Boston and Philadelphiathe item "due to other banks" and also
Government deposits.
For Boston these Government deposits amounted on Feb. 2

Total, 5 weeks

'd> omit two ciphers (00) in all cases.

Loans, j

$
%
53.664.2 2.125.942.2
53,690.9 2.223,955.2
53.631.9 2.181.845,2
53.543.7 2,083,701.7
53,185.4 2,112,005.5

216.902.0
228.918.0
218.801.0

4,922,0

i

57,355,0

Clearings

a

General Merchandise.

statement of condition of the non-member banks for the
week ending Feb. 2 1907, based on
average daily results.

S’/r-

6,062,0

18.561,0! 5,527.0

Reports of Non-Member Banks.—The following is the

Capi¬
tal.

Circalation.

a

i

New York
Jan.
5Jan. 12..
Jan. 19.
Jan. 26-.
Feb. 2-.
Boston.
Jan. 12.
Jan
19Jan. 26-Feb.
2..
Phila.
Jan. 12..
Jan. 19-,
Jan. 20. a
Feb. 2...

Total of United S' Ds deposits included, $16,384,300.

Banks.

Legals. ! Deposits,

Surplus.

Dry Goods

1007.837.5-197.800.3 !<S4.013.811070,720.0120.1

i

1-

Capital
Banks.

r

75,165,0

91,843.0
17,324,3
3.776.0
4,921,9
3.940,0
51,541,8
11,148,8
3,225.7
4,723,7
13.396.3
7,584,7
3,021.0
10.827,9
4,299.0
17,747,0
4,939,0
11,916,7
0.144,7
5,223,4
5,234.0
12,559,0

910,4!

•

Liberty

State

13.811,8'

200 0

_

Metropolis

646.9'

3.060,0
2,550.0

2

23,536,2
7,711,0
147,001,2
24,110.0
6,007,3
8,374.4
2,208.4
0,509,0
5,871,3
28.194.8
144,289.2
22.286.1
3,587.5
5,895.8
2,056,8
17,072,3
55,216.5

4,607,3'

200,0

i

20,976.0

157,3!
386,9*

,

figures do not include results for non-member banks:

-

§

21,335,0
1
12,821.0

375.1
20,663,4
7,914,6
485,4
2,353,2i

Chemical
300.0
Merchants’ 12.';.,
600. o:
Gallatin
1.000.0,
Butch. A: Dr mv.
;;oo.o
Mech.ct Tradersi
700.0
Greenwich
500.0
Amer. Exeh
5,000.0
Commerce
25.000.0
Mercantile
3. OUO.O
Pacific
500.0
Chatham
450.0!

People’s

S
17,855,0

3,680,6;
4,083.8'

25,000.0*

City

New York City, Boston and Philadelphia Banks.—Below is
summary of the weekly returns of the Clearing-House banks
of New York City, Boston and
Philadelphia. The New York
a

-

ciphers (00) in aU

[VoL.Lxxxrvr,

5

&

White

members New York Stock Exchange.
NASSAU STREET.
HANOVER BANK BUILDING

Dealers in Investment Securities.
COMMISSION ORDERS EXECUTED FOR CASH ONLY

■

V|i

¥W; WlWTIMW’lWinri’ f

rfplftw | •’’•ow*'1' ,'h

The transactions in railway and industrial bonds steadily
increased from about $1,500,000 par value on Monday to

^BauluaV (S&aeile.
For

over

few cases there

$2,000,000 later in the wreek, and in a

has been some slight advance in values.
,
The various Japanese issues dealt in here have been
than usual, and a few
active
industrials have
more or less conspicuous in the week’s transactions.

Dividend see page 321.

The Money
ble portion of

323

THE CHRONICLE.

1907.

Feb. 9

Wall Street, Friday Night, Feb. 8 1907.
Market and Financial Situation.—A considera¬

more

been

Atchi¬

the limited amount of business reported at the son convertibles, Brooklyn Rapid Transit, Rock Island,
week has evidently been the result of Interboro-Metropolitan and Distillers’ Securities’ Corporation
professional operations by board-room traders. No doubt issues have been the relatively strong features.
the storm and subsequent condition of the streets had a
United States Bonds.—Sales of Government bonds at the
tendency to restrict the volume of business during the early
Board include $5,000 4s, coup., 1925, at 12934 1° F29%,
part of 4he week.
Prices moved irregularly and generally within narrow lim¬ $6,000 4s, reg., 1925, at 129^, $2,000 3s, coup., 1908-18, at
102%, and $20,000 2s, reg., 1930, at 105?$. The following
its until Thursday, when a firmer tone prevailed; but the
are
the daily closing quotations; for yearly range see
character of the operations remains practically unchanged
third page following.
and the absence of outside interest in the market continues
Stock Exchange this

to be a conspicuous feature.
The Bank of England reports a
serve,

i Interest

larger percentage of re¬

the latter being now within a small fraction

!

of 50.
loan

The local money market continues easy, although call
rates were temporarily run up to 6% before the close of

busi¬

to-day. The close, however, was at 4%%. A hope that
favorable currency legislation will be enacted before Congress
adjourns is entertained in some quarters. As to the need of
such, there is no difference of opinion in financial circles.
Although, as is well known, foreign exchange is selling
at a point at which gold may be imported, only about $1,ness

000,000 has been reported
from London to this port.
The open

engaged this week for shipment

Stock Ex¬

market rates for call loans on the

Feb.

Feb.

Periods

i
*105
1054
2s, 1930registered Q—Jan *105
*105
*105
2s, 1930
coupon|Q—Jan *105
*102
41*102
4
3s, 1908-1918
registered IQ—Feb *102 %
3s. 190S-191S
couponiQ—Feb j* 1024 *102 Li! 102 54
3s. 1908-1918..small coupon Q—Fen *102‘4 *102>4 1*102.4
*101
4 s. 1907
registered IQ—Jan j*101 . 1*101
*101
*101
4s, 1907
coupon IQ-—Jan j*l()l
*129
4s, 1925
registered|Q—Feb *129 1*129
*129
*129
4s, 1925-.:.
.coupon Q—Feb ,*129
2s, 1936 Panama Canal coupjQ—Novi

*105

*105

*105

*105
!*105
*102'41*10234 *1024
* 102
4 *102*4 *102 4
*102[*102M *1024
*105

*101

1*101

*101

*101
*101
*129
!* 129
I 129 3-$ *129

*129
*129

*101

This is the price bid at the morning board: no sale \v;^s made.
Railroad and Miscellaneous Stocks.—Transactions in the
stock market have been on a much smaller scale and the
trend of prices lias been, for the most part, in the opposite
direction from that reported last week.
The market was
*

stock and bond collaterals have
ranged from 2 to 6%. To-day’s rates on call were 2%@0%.
Prime commercial paper quoted at 5%@>0%% for endorse¬ steady during the early part of the week, however, but on
Thursday the tone became decidedly strong, and the upward
ments and 5%(a)0%% for best single names.
movement carried practically the entire active list from 2
The Bank of England weekly statement on Thursday
To-day’s market
showed an increase in bullion of £1,224,645; the percentage to 4 points higher than last week’s close.
showed a tendency to react and in many cases closing quo¬
of reserve to liabilities was 49.66, against 48.31 last week.
The discount rate remains as fixed Jan. 17 at 5%.
The tations are fractionally lower than last night.
There have been very few exceptional features.
Great
Bank of France shows an increase of 700,000 francs in gold
Northern declined over 5 points early in the week and has
and 150,000 francs in silver.
only partially recovered. Missouri Pacific is the only other
NEW YORK CITY CLEARING HOUSE BANKS.
active railway stock that shows a net loss.
Atchison, Ana¬
conda Mining and Granby have been notably strong.
The
Differences
1905.
1906.
1907.
from
latter advanced over 20 points and Anaconda 15% points
Feb.
4.
Feb.
3.
Feb. 2.
previous week.
within the week.
Both close near the highest.' Otherwise
$
?
?
S
the active list falls within the limits first mentioned.
115,972,700
116,472,700
123,450,000
Capital
For daily volume of business see page 331.
135,951,400
140,800,500
154,333,400
Surplus.
Loans and discounts..
1,097.837,500 Inc 11,852,100 1,057,365,100 1,128.086,800
The following sales have occurred this week of shares not
42.898,700
358.300
51,978.900
53,185,400 Lpec.
Circulation
1,196.980,300
1.061,403,100
represented
in our detailed list on the pages w7hich follow7:
Inc.
9,708.400
Net deposits.
al,076,720.000
change during the week on

227,313,500
91,773.500

Specie
Legal tenders

197,800,300 Inc.
84.013.800 Dec.

927.100
1.428.700

192.492,100

Reserve held

281,814.100 Dec.

276.478,400

25% of deposits

269,180,000 Inc.

501,600
2,427,100

265.350,775

319.087,000
299,245,075

2,928,700

11,127,625

19.841,925

Surplus reserve....

12,634,100 Dec.

83,986,300

e

$16,384,300 United Stated deposits Included, against $16,563,500 last week and
$8,555,000 the corresponding week In 1006.
With these United States deposits
eliminated, the surplus reserve would he $16,730,175 on February 2 and $19,703,675
a

on

Jan. 26.
■Vole.—Returns of separate

banks appear on the preceding page.

Foreign Exchange.—The market was easy early in the
week, subsequently recovering and continuing generally
strong to the close. Gold engagements in London for ship¬
ment hither, $1,000,000.
To-day’s (Friday’s) nominal rates for sterling exchange
were 4 81%@4 82 for sixty day and 4 85^ @4 86 for sight.
To-day’s (Friday’s) actual rates for sterling exchange were
4 8065@4 8075 for long, 4 8465@4 8475 for short and
4 8535@4 8545 for cables.
Commercial on banks 4 8025@
4 8035 and documents for paj'ment 4 79%@>4 80%. Cotton
for payment 4 79 ^@4 79%, cotton for acceptance 4 8025@
4 8035 and grain for payment 4 80%(g)4 80%.
To-day’s (Friday’s) actual rates for Paris bankers francs
were 5 22%@5 21% for long and 5 20%d(g)5 20% for short.

STOCKS.
Week ending Feb.

Sales
S.

Alice Mining
Assoc. Merchants, lstpf.
Bethlehem Steel Corp —:
Chic Milw & St Paul installm’t ctfs, 10% pd.

Week.

300 $84 Feb
100 105
Feb
200 18 4 Feb

,

Lowest.

Highest.

Lowest.

Feb
3,313131
pfd ctfs, 10% pd 1,494 145 Feb
9,616
40c.
Feb
Comstock 'funnel
i
1st incomes 4s
$10,100 20c. Feb
600 42
Feb
Federal Sugar
Preferred
j 300i 76 Feb
170 101 V£Feb
Gen’l Chemical, pref
100 55
Feb
I ngersol 1-Rand
1
100 93 Lj Feb
Preferred
200 $44 Feb
Iron Silver
j
786 113
Feb
N Y & N J Telephone...
6 4 Feb
Ontario Silver Mining— 5,525
350 93>2 Feb
Sears, Roebuck, & Co..pf
120 94
Feb
United Cigar Mfrs, pref.!
100 90
Feb
Vandalia
100j 55 Feb
Vulcan Detinning
pref.l
do

Range since Jan. 1.

Range lor week.

lor
2

$6 4 Feb

4 105
Feb
2 18 4 Feb

—II
7.

Highest.

i

■

64

4 105 '

2.1

\

183^

Jan|

74

Feb|105
Jan

204

Jan! 141
Jarr 149
Jan 50c.
Feb, 23c.
Feb 50
Feb 784

5 132 ^Feb
2 147
Feb
4 47c. Feb
5 23 c. Feb
Feb
5 50
5 78 4 Feb

8 130
8 1434

7 1024 Feb
4 55
Feb
8 93 4 Feb
4 $4.4 Feb

8:1004

Janjl024

4!. 55
8 i-934

P>b! 60

7
o

4

5
4

8

1144 Feb
7 4 Feb
93 4 Feb
94
90
55

Feb
Feb
Feb

5;| 30c.
20c.

6;

g 42

7f 76

4
44
2 111

8
5

i

44
934

4

93
90

8

534

5

Feb 944
Feb
44
Janl 15
Jan
84
Jail; 94

Jan! 944
Feb. 93
Jan 55

Jan
Feb
Jan
Jan
Jan
Jan

Feb
Feb
Feb
Feb
Jan
J&n
Jan
Jan
Jan
Jan
Jan
Jan
Feb

Outside Market.—The ..market for unlisted securities has
shown a tendency toward improvement and in some instances

prices have made noteworthy advances. The general tone
has been good, and while mining stocks, as usual, have re¬
ceived the most attention, trading in industrials has been
Germany bankers’ marks were 93 13-16@93%d for long well diversified. Butte Coalition was a prominent feature,
and 94^2@94 9-16d for short.
Amsterdam bankers’ guild¬ the stock going down in the early part of the week from
ers were 39 97@39 99 for short.
35% to 3434; but later it ran up to 39. The close to-day was
Exchange at Paris on London to-day 25f. 25%c.; week’s at 3834- United Copper common wras also conspicuous,
range, 25f. 26c. high and 25f. 24c. low'.
first moving up from 70 to 72%, then back to 71, and to-day
The wTeek’s range for exchange rates follow's:
advancing to 74%. The close was at 78%. Davis-Daly
-Cables-Short-LongEstates from 17% rose to 19, fell back to 1734 anc^ to-day
Sterling, Actual —
<34 8550
4 8545
(34 8480
! 4 8475
High
4 8070
(34 80S0
moved up again to 18%, the close being at 18.
Utah Cop¬
4 8510
<34 8525
@4 8455
Low
4 8040
<34 8045
|4 8445
per sank from 35 to 3334 but subsequently displayed decided
Paris Bankers' Francs—
I 5 20h
|
@5 20a
High
5 224
(35 214
strength, rising sharply to 39%. The close showed a [reac¬
<35 205 6
|
Low
5 23 4 d
|5 20*»d
(35 234
tion to 38%.
Greene Consolidated Copper advanced from
Germany Bankers’ Marks—
@ 94 9-163!
High
937s
<393 15-10d! 9415
3034 tn 52 and ends the week at 31%. Nevada Consolidated
@ 94 9-16 |
Low....... 93 11-16
(393 13-10 | 94 7-16
Copper lost a point to 17, but recovered finally to 17%.
Amsterdam Bankers’ Guilders—
<3
40 1-16 |
Tennessee Copper moved up from 47 to 48, dropped to 40%
High
I 40
39 99
i
I 39 97
Low.
and to-day sold back to 48. Douglas Copper, after declining
from 13%Jo 12%, advanced to-day to 15%. Trinity Copper
<l 1-32 Of l <7: h 3-ru ,t V'c.
Less: a. 1-16 of l'
x 1-32 of 1%;
Plus: A' 1-16 of p
;</ 3-3' of 1‘ ’
dropped from 39 to 36, subsequently recovering to 3734The following were the rates Tor domestic exchange on
Newhouse moved up from 16% to 1934 ar*d then eased off
New7 York at the undermentioned cities to-day: Savannah to 18-34.
In the specialties, American Can stocks ruled
buying, 50c. per $1,000 discount; selling, 75c. per $1,000 strong, the common advancing from 4% to 6}/, ant! the pre¬
premium.
Charleston selling, $1 per $1,000 premium. New ferred from 50 to 55%. Standard Oil moved up from 515
Orleans bank, 60c. per $1,000 discount; commercial, 85c. to 538.
Consolidated Rubber Tire common rose from 4%
per $-1,000 discount.
Chicago, par. St. Louis, 10c. per to 7 and the preferred from 15 to 2034- International Salt
$1,000 discount. San Francisco, 50c. per $1,000 premium.
dropped from 19 to 15. Waterbury Company went up from
Chicago Subw7ay advanced
‘State and Railroad Bonds.—Sales of State bonds at the 40% to 47%, reacting to 47%.
Board are limited to $10,000 Virginia 6s deferred trust re¬ from 28% to 31% and ends the week at 30%.
Outside quotations will be found on page 331
ceipts at 20 and $3,000 Tennessee settR ment 3s ciFj)5%.
.

.


http://fraser.stlouisfed.org/
Federal Reserve Bank of St.
Louis
.iliui
kill

mum
I*.:

v'rfilj r'iv

[|‘W

SW

1

'(W'Tlh Jr<-V V

New York Stock

Exchange—Stock Record, Daily, Weekly and Yearly
OCCUPYING

SlOOh’S— HIGHEST AND

Saturday

At on day

Tuesday

Feb 2

Feb 4

Feb 5

99 4 100=6
$93 4 99-.
119 4 1 l’l7(.

99=« 100=8
9- 4
08 4

LOWEST SALE
W

edntsday
Feb 6

100=f» 1017P

PRICES

Eriday

Feb 7

Eeb 8

NEW YORK

Range tor Fear 190?
Saits oi
On basis ot 100-share Lots
the
Week
Shares
Lowest
Highest

STOCK

EXCHANGE

Range

tor Prevxout
Year i 1900)

Lowest

Highest

Railroads.

101 7e 104=8
98h 99
120 4 121

101=0 102=0

tMUK*

STOCKS

Thursday

-

TWO

104
105
150,000 08-^ Jan 30 108*4 Jan 7
85%Mav H04 Sep
99 4
3.1 -\i ys.‘8 Feb h 10 l-v, Jan 12 1*98
99 4
Do
1 tec 106
prof
Jan
121
122 H. Atlantic Coast Line HR..
5,320 1 i 8 4 Fob 5 1334 Jan 5 131 4J’I.V 1677« Jan
115
J15 4
IL07* 1167p 116 41174
18, D/2 ili*^ Jan 31 122
Jan 5 1o5’!4 Mm 125*8
Sep
*92
91
94
*92
94
•.
93*4 93*4 *02
lit
{93
93
Do
92 'a J an 3'
94 4 Jan D'
91
Oct
pref
99 4 Jan
714 724
7134 72=f,
73
714 7 3
734 74
74=4
73=4 75
Brooklyn Rapid Transit.. 25,235 7 l 4 Feb 1 s 34 Jan 7
71
94 4 Jan
J’ly
*105
120
•D;f>
120
*102
120
*102
*102
120
120
*100
120
115
Buffalo Rochester & Pitts
Jar. 2 6 115
Jau2f 124
Nov 1534 Sep
•130
14 2 *• * 30
142
*127
142 4 ♦127 4 139 4 *127
139H *127
139 41
Do
135
.Tan 4 135
Jan 4 1. 9 4 N.o !50
prof
Dec
*83
s8
500 84 4 Feb
83
Jan
S534 Feb 8
87
Feb
180
178 4 180
1814
1794 1 *= 1 =8 1S034 181 =4 1804 182=., 181=4 192=0
58,''GO 178 *2 Feb
195 4> Jan 4 155:4 May .014 Dec
*63
*63 4 65
64
63 4 63 4
63 7a 637fe
63-a 6438
64=8 64 u|
63 Hj Feb
'anada Southern
1,30*
65 6 Jan 14
(55 *g J'ne 704 Jan
*208
212
*208
212
*208
212
209
222
208
208
210
210 •Central
i
Feb
of New Jersey..
l,Odd 208
219 4 Jan 2 204
May •239 78 May
4 h=8
4 878 49 4
4fe34 49 H
49 4 50
49:H
50 *4 51
494 60^
13,450 48 4 Feb
56
Jan
51 4 X oy 6 > 4 Aug
Chesapeake & Ohio
*
24
*20
24
*20
24
24
*20
*20
24 4 *20
24
22
4 Chicago & Alton HR
Feb
25 *8 8c p
27 4 Jan 5
3 5 •*a Oct
*
*
67
67
o6 4 65 4
*62
67
66 4
65
65
Too 65 Feb
Do pref
69
70
Jan 5
Dec
77 4 Oct
16
J 5 4 16
16 4
16
16 ’4
16
16 4
16
16 *4
16\
16 4 Chicago Great Western..
3,425
18
Jan
2
16
15=0
Jan
J’ne
23=6 Jau
*767a 79 4 *7678 794 * 7 6 4 7 9 4 *767a 70*4 *767a 79 4 *767b 79 4
77
Do 4 p. c. debentures
Jan 2
Jan 278
79-4
8ep
864 Jan
*70
71
‘68
71
*68
*68
71
70
*68
70
69 4 69*4
Too 694 Feb
Do
5 p. e. pref. “A’70
Dec
714 Jan 9
80
Jan
22 4 22 4
23
2134 21*4
23
23
23
“2134 ‘24
4oo
*22*4 24*4
21 \ Feb
Do
26 *8’Jan 5
4 p. c. pref. “B”..
247e
No\
39=8 Jau
1 4 5 =e 1467b
146
147
14 5=4 1473fc
1467s 118*4 147
14s3* 147 78 149=8 Chicago Milw. & St. Paul 168,731 115 *« Jan L9 157 Hi Jan 14 tl 46 4 Dec
199=6 Dec
*162
163
*162
164
♦162
165
165
165
164 4 ’164=4
1644115
Do pref
1,904 159 Jan 1 165 4 Jan
tlOO Doc
13
Aug
-30
32
314 *30
32
314
32
32
80“ 31
Do subscrip war’nts li
J an 2 5
i
3
2
4
Dec
35>Jan
5
33 4 Deo
162 4 163
10234 165*4 164
164 *8 165
165
1644
161*4 167
1674 Chicago & North Western 13,582 tl«24 Feb
205
Jan 10||
fil92
10
Jan
Api
•207
22o
♦207
*207
230
*2«>7
206
2207
207
{206
230
GO 225
Do pref
Jan 30 234
Jau 10li225
Aug ►270 Mar
15 4 1o34
15*4 16
164 16*4
16
1534 164
15=4 16 4
16=8
1 8 4 Jan 23
Do rights
38,588 154 Feb
i155
165
{170
♦155
165
*150
170
♦150
160
160
-155
160
160
Jan
21
Chic, St. P. Minn. & Oin.
170
Jan 8 168
v
10
J’ne 198
Jan
•160
180
*160
180
*160
180
*160
ISO
*160
*1564 180
180
Do pref
160
Jau 18 165
Jau 19 175
Nov 202
Jan
*9
12
9 4
•9
12
-9
*9
94
12
*9
13
134 Chicago Term’1 Transfer.
"Too 9 Jau 19 9 4 Jau 18
18
9\ Apr
4 Jan
*22
25
*22
25
*22
25
*22
25
*22
*22
25
25
23
Do
Jan 31
25
25 Jan 11
Dec
pref
42;h Jan
6
5
5 4
5
*43i
54
*5
64,
34
5=0
6=8
54 Chicago Union Traction.
47s Jan 3b
Jan
9
378
5=4
May
1334
Feb
16
16
16
10
16 4 17 4
17
17 4
17*4 17 4 *16=4 174
Do pref
3,100 16 Jan 30 194 Jan
IP's J’ly 47 4 Mai
*84
*84
87
86
•83
87
80 4 85 4
864 88
88=4 89-j Cleve. Cln. Cliio. & St. L.
85
89
1,300
4 Feb
Dec 1097& Jan
9276 Jan
*108
110
*108
110
*108
*108
111!
*108
110
110
*103
110
107 4 Jan
Do
ID)
108 4 Jan
pref
J’ly 118 Jan
S3
34
33 4 33 4
3334 34 4
34=8 35
344 35=b
35U 35=8 Colorado & Southern
6,360 33
Jan 31
29 4 Jau
38 7e Jan
41
Oct
67
*65
*66
67
*65 4 66 4
67 4 674
67
67
*674 68
200 65
Do
Jan 30 69 4 Jan
1st preferred
664 Apr 73 4 Feb
*63 4 614
*63 4 54 4
6 4 =4
65
5334 54=6
55
55
6478
4
4 55*4
2,520 53 *4 Feb
Do 2d preferred
43
59
584Jau
Deo
May
209
208
209
209
*208
210
210
*208
212
21134 212
212
1,400 207 4 Feb
189
•2274 Jan
May 234=4 Nov
505
600
49934 49934 *496
500
601
601
495
600
*495
600
1,000 480 Jan 17 510 Jan 2
elaw. Lack.* West’n.
437=4 May 560 May
35 4 35*8
*354 36
35 4 35 4
36 4 37=0
36
37 *4
37=8 37=8 Denver* Rio Grande....
3.G40 35 4 Feb
30\j May 5178 Jan
427a Jan
*79
81
*79
81
79 4 80
*79
82
{794 79 4 *79 4 81
340 79 *« Feb
Do pref
83
Ooi
91 4 Jan
837k Jan 10
7 7j4 7734
7734 77=4
*77
79
794 *76
70
784 784
79 4 Detroit United
750 77 4 Feb
7 9 7b Deed 02
80 4 Jan 16
Feb
164 164
18
16:4 18 4 *164 184
17
17
18 4
*17
18
400
16 4 Jan 29
16
Duluth So. Shore * Atl..
19 4 Jan
J’ly 22 7e Jan
*
*28
33
*28
30
*29
40
35
*29
36
33
33
200
29
32
Do pref
4 Jan 31 39
Jau
45
J au
Apr
33 4 31 >*8
3378 34=6
35 4 36 4
327a 343b
34*4 34=4
344 36
89.500 327# Feb fi 44 *4 J au
38 4 May 5078 Jan
697* 70
6934 70
70
70
693h 7o*4 ?704 704
704
70 4
2,200 x69
Do Istpref
Jan 3!
75 4 Jau
83
74=4 Dec
J an
69 4 60
69 4 59
69 4 60
60
60=8
60=8 614 *604 62
Do 2d pref
1,680 5? 4 Jan 30 67
62 4 Apr
Jan
76;*8 Jan
*66
70
*65
76
*65
76
*65
70
*65
75
*65
70
Evansv. * Terre Haute..
68
Dec
76
Jan
*85
96
*85
95
•86
95
•85
*85
95
90
*85
95
Do pret
80
94
J’ly
Aug
165 4 16634 10 4 34 166 4 162 4 165 4 1614 164 4 1634165 4 1644166=4
32,795 1(51 Hi Feb G 18934 Jan
cl78‘ Dec 348
Feb
74 4
73 4 74
74
76
76 4 77=4
734 76
774
74=4 76
73
28,686
Jan
31
85
Jan
70j4 Dec 85 Deo
Temp ctfs for ore prop.
*75
*75
Green Bay*W.,deb. ctf.A
81 4 Nov
92
4 Jan
*
*
*
15
15
15
13
Do
Jan 20
deb. ctf. B
14 4 J an 1
113, <)ct 23 4 Jan
*42 4 46 4
*45
47
*40
47
47
45 4 45 4
*40
46
46
300 43
Jan 8 47
Jau
53
33*8
Jau
Aug
*814 844 *80
*80
*80
85
85
*814 85
8434 *80
85
Do pref...,
83
Jan 8 864 Jan
77*4 Jan : 9734 May
♦
*
*112
105
*105
lu5
*105
*105
115
Jan 19 115
Jan 19 113 4 Feb 135
Hocking
Valley
Apr
*87 4 89*4
♦87 4 934
*87 =4 93=4 *88 4 93*4
*87*4 89*4 {87
88
60 87 St Jan 31 94
Do pref
92 4 Nov
J an
99^ J ’ne
*157
ldO
1564167
♦154
158
In8
16o 4 *159
1583< 169
70u 1564 Feb 2 172
1604
164
Jan
May 184 4 J’no
35
34
34
35
33=8 34 4
35 4
36
3434 35 4
35=4
85=0
9,930
32*4
21
Jan
23
Jau
39
334
J’ne
nterboro-Metropolitan.
55:% May
*71
7270=8 71
*71
73
72
*70=8 73
72
71=4 724
810 70
Do pref
Jan 21
70**8 J’ly 871*8 May
754 Jan
26 4 25 4
*214 26
25
24=8 24=6
24=4 25'H,
25=4
25*4 25=0 Iowa central
1,500 24 Jau19 28 7« Jan
24
J’ly
34^4 Jan
*44
454 45 34 *44 4 46
*44 4 46
45 4 45 4
45
444 454
600 43
Do pref
48
Jan 19 51
Jan
J’ly 6334 Jan
*77
78
*77
78
*77
78
79
*78
78
78
79
79 4
2dU 78
77
Jau22 80
Get
Jan 1(
84
Feb
27
2 7*4
*27
28
27 4 27=4
284 284
27=8 2878
28=4 29
ansas City Southern..
22 78 J’ly
2,710 264 Jan 29 304 Jau
373g Jan
67 78 57't,
*5/
60
67 4 69
69 4 614
60 4 61
68=8 59 4
6,220 56 Jan 30 613* Jan
49
Do
71
pief
Jan
J’ly
27
27
27
31
*27
*27
31
-27
31
*27
31
31
200
27
Jaa3t
274 J’ly 44 7g J an
284 Jan 1*65
78
*65
78
*65
*65
78
*65
78
78
*65
78
J Do
75
pref
j
{
9
Sep
i2
Jan
67
*61
*90
66
*60
63
63
*60
70
*60
66
66
"Too 61 Jan 30 67 4 Jan
61*4 Oct
Long Island
8D«4 Jan
133
133*4 13.4 1334 132 4133 4 103 4134=8 133H) 134=8 135
136*4 Louisville * Nashville...
9,455 132*6 Feb 5 145'* Jau 5 : 136 4 May 1564 Jan
142 78 142-b *142
144
143
143
142=4 112=4 143 4 143;4 143 vs 141
140
l,2e0 141 Hi Jau 28 144
Feb
Jan
sep 162
•106
110
*105
110
105
lu5
♦104
♦104
110
110
*105
HO
100 104' Jan 30 107
Jan 23 1U3
etropolitan Street....
J’ly (•127 Jau
22 4 23
22 4 2234
24
23 4 23=4
24 4 24=8
22=4 23 4
24=8
8,6 io 22*8 Jau 30 27=6 Jan
29 4 Dec
18:i8
May
56
66
56
66
56 4 67
*54
67 4 57 4 *54
67
67
l,10u 54 Feb 1 59 Jau 15 : 58 4 Dec 84 *4 j an
*87
90
90
90
90
1)0
'87
93
*87
*87
93
93
300 87
90
Do pref
Jan ] 4
yo
Jan 24
Api IOO4 Jan
107 4 109
108 4 109 4
110
1074 110
1084111
113
114*^3 1157b Minn. S. P. * S. S. Mane.
9,07o 107 4 Feb 1 140*4 Jau
.134
Dec 164
Mar
138
4 140
143
13834 139
146
147
145 4 145 4 146
147
147
2,160 136*4 Feb 1 168
Do pref
163
4
Jan
Apr 183;*4 Jan
357b 36l*
38
3534 36*4
36*4 37
39 4
37=8 3S34
38=4 39=6 Mo. Kansas & Texas
29
44,87o 35 Hi Jan 30 41=4 Jau
43
May
4 Nt>v
69
*6’s4 694
'68=4 69
70
69 4 70
71
704 71
69*4
2,855 68**6 Feb 1 7234 Jan
Do
64*4 Apr 76 Nov
pref
85
86
85 4 86*4
85 4 86-,
84 ‘e 85 4 Missouri Pacific
83 4 86 4
*♦3=4 So
80 4-May
43,125
Fob 6
»34
92:,4
Jan
10634
Jan
*
♦134
137
133
1334133 4
*134
137
*133
*134
137
136
136
15u 133 4 Feb 4 147
133
Jan
May 1494 Jan
*65
59 4
as54 4 54 4
547s 55
56
55 4 55 4
56
*604 56=8
800 52 4 Jau31
at.of Mex, non-cum.pf
36
59=8 Jan
Apr 59=4 Deo
2434 2434
2434 244 *23
*24
25
*24
25 4
264 *24
300 2434 Jan3l
25=4
Do 2d pref
18 4 j’ne 30
26 4 Jau 17
Dec
124 4 125 4 1244 126
125=4 126*4 F26 126=8 126 4 1277a 128*4 129 4
42,950 124 Feb 1 1344 Jau 10 126 Nov 156*4 Jan
*6u
60
*56
60
*53
*53
*65
60
69 - *
59
60
•>9
08
Jan
11
73
Mai
634Jau
7
4 Apr
*110
*110
120
120
*110
*1LO
120
*liO
*110
I2O
120
120
Do
110
1st pref
Jau lb 110
Jau 16 111
Apr 120 <g Jan
'•81
85
86
*80
*75
86
♦80
*81
8U
86
86
h6
Do 2d pref
80
83
Jan 30 91;,4 Jan
92
Deo
ay
184
181
184 4 184 4 *1814 184 *e 184 4185
♦182
184 4 *182
400 184
184*4 N. Y. N. Haven * Hartf.
Feb 2 189
Jan 9 1-9 4 Dec 204 78 Jan
4a34 44
43 4 44=0
44
43=e 43=»
44=8 414
444
44=4 46
N. Y. Ontario * Western.
8,120 42 Hi Jan 31 4S,'*8Jan 6 J3;*4 May 67 ‘4 Jan
85
85
8478 85
85
85 4 86 4
86 4 87
854
8634 87
Norfolk * Western
4,205 84 Hi Jau 28 92*4 Jau 5 81
Feb
uct
80
*82‘a 85 4 •f'O
*80
82 -4 82 4
85
82
182 4 82j4 {82
720 8j 4 Feb 8
Do
89 4 Apr 96
adjustment pref.
904 Jau 10
Jau
162
153 4
152
1534 15 1 4 153*4 15 l7e 153=4
152 4 154 4
153
154=4 Northern Pacitic
43,875 a?149 Jau 21 189 4 Jan
179 *4 May 232 4 Feb
129\ 130
129 4 130
129=8 1.0)
129
131
129j4 129-4 130
1314
Do 8iibscrip. reots...
8,6o0 128 Hi Feb 4 1317e Feb
•116
125
*116
125
*115
125
*115
*116
*115
1^5
124
124
xl21 Jau 17 124 4 aan
103
Jan !l42
J’n«
*98
106
*i>8
106
*98
*93
*98
lu6
*08
106
108
106
Do
1st pref
105
Jan 1106
Jan
•110
120
♦110
120
*110
>110
*110
120
♦110
120
125
125
Do 2d pref
115**
105
Jau
29
4
124
Jau
135
4 Jan
May
129
130 4
128 4 130 4 128=4 130=8 129 76 130 >4 I297a 13178 131=8 13 2 Hi
261,145 128 Hi Feb 1 1413s Jau 8: 122-4 J’ly 147 4 Jan
*73
77
74
75
xi'4
♦72
•71
77
*71
74
75
75
6UU 73=8 Jan 30 78
75
Jan 22
May 87 Jan
*
*90
100
*95
100
96
100
*95
105
*95
*95
105
105
Dd pref
105 Hi Jan 5 1054Jan 5 100
Alay lo9 Aug
119
120 7b
119^1204 119=4 121=4 12078 122=8 1214 121’\ 123 4125
1) ending
837,160
118 Hi Feb 1
112
39 4Jau 7
Mayjxi64 Jan
90
00
89 4 89 4
*89
90
90
*89
90
90
90
90
79o 89 H) Jan 18 92
1-Vlst pref
89
Jan
7
96
Sep
Jan
90
90
9o
90
90
90
91
*10
*90
*90
91
92
2d pref
1,400 90 Jan 16 94 Jau 8 90 Apr 102 Jan
.’
26*4 25 7t
25*8 25 4
25 4 26 4
26
26
20*4
26 4
264 26’\
13,660 25*8 Jan 31 804Jan 5
22 4 j’ly
32=8 Nov
*67 4 60
*57 4 60
53 4 60
*59
5»4 68-j *58 4 60
62
Do pref
600 5 7-4 Feb 1
60
644Jan 0
J’iy 6J3! Aug
*64
67
*64 4 67
*64
66
*64
*65
*65
67
66 4
68
L. &S. Fr., Is
65 4 J an 31
60
Fee
Jan 11
70
7234 Apr
42
42 4
42=4 *42
42
43
43
43
42 4 4334
44
44
Do
2d pref.
2,200 42
40 4 J’ly
Jau 31
51 *4 Feb
48=8 Jan 5
23
21J4 224 •21
22
24
22
2 2 7g
23
23=4
22*4
24
20
1,700
Feb
2
21*4
27 4 Jan
254Jau 7
4 .May
65
65 4
*53 4 06
55 4 5578
65
66
56
56
67=8 58
Do pref
1,000 53'2 Jan 31 604 Jan If.
4:s34 May- 6.3*6 sep
9l4 92 4
914 92 4
93 7g 94 4 southern Pacitic Co
92*4 9393*0 93=4
93*4 94
l2(J,0n0 904 Jan 3o 96'4 Jan 14
61
51 ay974
Sep
•117 4 11 ia4
117^, 117=8 *117 4 117=4 *117 4 111=4 {117=8 U7°8 {117 4117 4
Do pref
15b 116 h a a n 2 18 *e Jan 14
16
J’ly 20 4 J’n«
•_'5J4 264
25=8 26V
26
26 4
25:<y 26*4
26*8 27 *8
264 274 soulhernv.tr. cfs. stmpeu 24,166 24 7s Jan 31 34 Jau 5 31 =8 :iu\ 4 .*4 Jan
*84 4 85 4
*84 4 86 4
85
85
85
85
85 *4
84=8 85
85 4
Do
2,500 81 >6 J-.ui 3 1 94 4 J an 5
93 4 Dec
pref.
do
03
Jau
32
32
82
32 4
32 >4 33
33 4
33
32=8 33=4
33=8 33=8
3,960 314 Jan 31 374Jan 7
2S
May 4o 4 Get
*117
12u
*117
120
♦117 4120
120
117=$ 117=b
♦117
♦117
129
hird Avenue (N. Y.)...
J an 21
Jan
121
1174
23
Nov
8
r 1394 Jau
*26
28
*26
29
*26
29
*26
28 4
*26
29
♦27
29
23
.Jan 19 29
Jau 7
25 4 Dec
36
Jan
80
30 4
30 4 3U34
30 4 30=4
31
32
30=4 31
32 4 Tol. St. L. * W. v. tr. ctfs
31H
1,S00 29 Jan 31 3334Jan 5 25 4 J ’iy 40 4 Jan
*
62
52
52
52
50
5l4
51=0 5 l 7„
514 52*4
Do
52
52=0
pref. rot. tr. ctfs.
1,7 0 0 0O4 Jail 19 5334 Jau 7
43
Fly 59=a Jan
119
11934
1 1 4 34 115 \
*92
94

98 4 98 4
118 4 119
115 4 116

Of3*

984
119
120=4
115 7s 116 4

Atch. Topeka.fcSanta Ft*

Baltimore &. Ohio

*

'

’

......

.

.

.

.....

.

.

2’,5*00

,

....

.,

Delaware* Hudson...

*

Erie

Havana Electric
r

Illinois Central

KC.Ft.S.*M.,tr. eta. pfd

'

*

Iake Erie * Western...

8||140

Manhattan Elevated...

Nash. Chatt.* St. Louis

*

974

Pacitic Coast Co..

—„

1'exas * Pacific

BANKS AND TRUST COMPANIES—BROKERS’

NEW

Bid
Hunks,
Ask j
Rauks
1 Chemical.... 4000 4200 I Fifth

YORK

Aetna

j Citizens’ Ctrl 1 la
j City
f2ii230

2074 220

America ‘
Anier Excli..
Astor
...

Battery Park
Bolvery*.
Butch’s A D:

Century V
....

iCoal A Iron. 259
700
Colonialt

539

1215
•

20

320
! ;o
7 ♦>
1■
75
*

Chase
Chatham
Chelsea Ex c*
*

Ask

Hid

0

i:!o
330
185

_

3

10

195

1 4tli

....

Columbia*

..

ISO

i

j Commerce...
‘Consolidated
c’rn Exeh‘,
Discount*:...
(Fast River..
•

i( Fidelity’
i; Fifth Avc’

..

1 00

j

170

tRi *71,
1 30
1 50
2v)0
39 >0

16 !D’.O

4200

J

Gariiel-1




Manuitou*
mi: A

.

5 -15

Bid

Ranks

Interboro^J..

IrvutgN.Ex.
J lUtersiui’i

j iLiberiv

212
3 70

..i..

Lincoln

59.5

L58

A SK

..

M min.irT.'in*

!!

-:

05
269
.’12

Market A Fui
Mechanics’
Mecn
Tra*
170
! Mercantile
250
.M c reh Ex eh. 185
Mi ronant.s’.. 1 60
M ctronohs *
390
.

290

'.7.j

QUOTATIONS

|

160
170
1
150
2 1 ;•»
200
|
50 »
510 i
l tOO
.J
15

270
2)2
1 St)

275

..

1*71 j

Ranks

Bid

Meiropoli’n? 165
Mt Morris’

..

M vi T iniiv

.Nassau*;

....

New Amster
:
N ew York Co
New York...
Night ifc Dav
i Dun Want*.
1 Non !i Amor.
Northern

Grieutal’.,..

240
290

19)
200

Ask

350
2 30
172
265

•

suite banks,

Hid

Pacitic')

ASK

230
■160

250
470

1 60
570
1 70
250
379
700
325
207 4
400
199

175

510

200
210

1200
320

Hanks

175

330
500

270
182

275

llPhenix..
j

Plaza)

■

...

Kiversideli
Seaboard
.Second

..

....

Stateli
34tli St reet..
12iii WardV
23d

.

? Lc»s than 109 sh ares.
1 Ex-ri-ints.
Ex beneficial interest in ore properties.

day.
c

Trad

205
350
509
150
155
500
2*0

-60
505

..

i i. mover

|| i

Bnl and asked pneos; 110 sales were made on this
at .' slock Exchau ge or at auction this week,

t Sale

.

German Am’
German Ex’
German sa’,...
Greenwich ’

|

Ask

d.'JR

Street^

Fourth

) Gallatin

...

1

|

155
269

Hid

340
719

|

Hanks

Ward*..

176
2*0

380

......

Ex-dividend anil rights.
0 Sow atnek.
h 1st instaim’t paid. 71 Sold at private sale at ihiaunce.
a

Feb. 9

SALJs. PRICES

STOCKS—HIGHEST AND LU WES 2

J«Rtrday
Feb 2

Monday

Tuesday

Weanesday

Thursday

Friday

Feb 4

Feb 5

Feb 6

Feb 7

Feb S

*102

*101*4 104

105

•103

......

169%
•63
65 *8

*90
•53
64

55

65*8

92

*55
*65

55

64%

......

......

•

] 11 %

16 %

31=4

32%

•il "

16%

3"

13
32
32
*17% 19%
•22% 23%
•12%

•390
14%
*35

*12%
31%
*17
22%

13
31%
19%
22%

18%
81
41% 42*%
18%

*36

*

65%

......

16%

16 %

32
*24

32*4
30

i3

1

83

30
*

18

23

-

42

30
30
•88
92 % *88
*230
•J30 240
634
•6%
7

'30

•6%
<24-i

6%
26%

•

Ry

86

84%

•

16%

18

*16%
*32

37
71

110%
•22%

42

•87
19
*

42

%

♦
101
1U034
30
*29%
92%
§88%
*23o
240

6;,4
6%

6=4
6
28

26
85

18

•16%

36

*32

71
70%
HO%110% *110
*
*3
3 %
3 %
70

•110
110%
*3%
4
•23% 26

♦23
*91%

25
93

*23

.

•91
141

%

140*% 142%
11 2j4
112% 114
•190
•190
240
*95
•95
100
9
9%
9%
42%
*42% 43
♦ISO
130% 1JU
#131%
•128
133
128% 128%
128
9e
96% •95%
30%
•30*4 31
*99*4
•98 ’ 100
270%
272
S70
•110
•110
120
*13%
•13*4 14
*49 ' 52% *49
35%
35*8 36
498% 98% *100
46%
46
47 %
*81
•81
95
*23%
24
24
133
•183
134
22*4
22% 22%
•

113

*190
*95

240
100

9%
i 44 *4

9%
130%
131%

128%
96%
3U%
100
272 *4
120

14
63

35%
100%

47%

*81

95

15

84
*75

34

*79%
47%
33%

80

*75

Ti%

71%

*69
•80

69**,
84 %

•15%
86

16%
33%

*

30

*

13

25
*12

31

30

15‘4

15%
80%

*79%
*47

47%
33%

34

69

80
63
72
69 %

47 0

81*4

82

*

*70%

*

71%
69
82

*81

82

32%
95%

34

96
16%
56

82

33‘4

16

95%
16

56%

66*4

48%

174%
90

57%

07%

68

......

68

......

17
33%

*16%
33%

80
13
32

*-,»

......

17

3334

3 :
*

2 2%

§22%
§46

2.2%
46%

STOCKS

Sates ot

NEW YORK STOCK
EXCHANGE

the

Twin City Rapid
Ho pref

17 %
*22%

72
111%
4
24
93

71%
♦

110 *4

*3%
*23
*

240
100

•190
*90

9%

9%

*81

95

7178

72

73

3570%

4

*3%

25
93

*23 %
*

3%
25

*91
143

142%
115
*192
*96

lib
240
100

9%
42%

9

43

115
240
100

Do

pref

Do

pref. ctfs. of dep

Do

pret....

*192
*95

240
100

9%
,

43

-,38

96
32

100%
377%
120

276
*,10

284%
120
*110

15

*13%

14%

*13%

53
36%

*49
i)5 *5

63

*49
37

37

*8L

24%

120

95

23%
87*4

8078

23%
87

H67s

82
84
96

*16%
*56%
47%

16
67%

.

8i%

82

3d

lio

82
34

96%

96 N
16
*66% 68

96%
♦15%

*15%
56%
49

83

36%
97

57%
5''Hj

§97% 97%
§l69 170
52% 53
98%
3 1%
98
69

150

83%

,

7
*68
47'
*86

•

......

*100

*76
*25
•61
61

106%
76

44%
104=8
33

*106%
*.-'7%
♦275
♦82
*150
*.67

84

97%

97%

50%
98%
*163
53 %

98%
66 %
98

|

Banks

-

Bid

Ask [

245
255 I
BROOKLYN
U S Excha’el 122% 132%
1
Wash. H Tits’, 1!2d
390
410
First
West Side*,:.. 600
Home Bank* 160
490
425
TorkvilleJ,
Manufactrs’. 400
Mechanics*!. 1 ;;-J5
250
Nassau
305
Nat City
BROOKLYN’
390
North Side*
165
So rough*.... 170
Prospect Pk* 150
■i 30
125
rerun ual
Broad wav’
1 i 5
215
230
U uion’,
1 10
150
Brooklyn’

i

16

98 %
71

......

....

..

Rul and asked prices: no sales on this day.
,
Sale at Stock Exchange or at auction this week

International Power.
Interuat Steam Pump....
Do pret.
Knickerbocker Icei Cbicj
il ckay Companies...
Do pr.f

National Lead
Do
pref
New York Air Brake....
North American Co., new




(Chic.)

Pittsburgh Coal Co

Do

Bid

pref

O iosa-Sheilield St. <& Itol

O

540

BroadwayTr. 157

215
2025

Empire
E(|iutabloTi

330
425
1320

F;

100

235
2 LO

than too «!i:nes.
Ex. stock diviaen i.

"1

Ask
570

Bid

162

1

2100

410
245

,

1

;
i

L ;i i>
3 10

i

140

!

j

Ask

555
330
515
235
105
iviuck Tn’k’r 1150 14 00
280
Law T 1 &Tr 270
Lincoln Tr... I 390
too
Manhattan
170
850
M ercautile
j95
M etropnlitan 585
MortonTrust /‘J5
i-0
13*0*
Mui uai

310
uuarunty Tr 4*0
i Guardian Tr 225

ii

2

Jan 31

1,923

778 Mh>
5 *4 Nov
24
Nov
Jo H J an
16Dec
35
Dee

Jan
Jan

J an
Jan
J an

Jau
Jan

Aug

11**4 Jau
Jan
Jan

10
43

9»7s Sep
29 *4 J an
r,3 7,

Jau

34=, Jan 19
99
40

Jan 31
Feb 2

85

Jan 3o

Feb 1
33
Jau3u
22 *< Jau 2
82 *4 Jau 2
24

x 6 9'a

69

'

Feb
Jan
Jan

Jau 3 112 %
Jan 31
14 Hi
Jan 4 49*8

105 %

Nov 178

13*4 J'ly
4 *

A pi

33**4 Dec
Jan 24
98**4 Dee
102
Feb 8
40*8 -Da.'
57". Jau 8
J’ne
85
85 sj Jan 19
17
May
28
Jail 7
139
Jan 7 130=8 Apr
18% J’Jy
24'*, Jan 2 /
74 ‘•j May
88
Jan 28

Jan 30

38

76:*8

Jau31

J an

51
Feb i
lan lo 138
91
Jau *4
Jan 22 X158

Feb 8
Jan 7
Feb 11
Jan 15

Jan

7

JauU
J an 4
Jau 24
71
Jail -4
86*4 Jau 15

77
Jan 4
116% Jan 7 116**8Jan 8
15 *w Jan
13 *s J an 2 i
100
Feb
200 8 4 *« Jan 3 86
Feb 1
76*4 Jan
15,439 65
103
Jau
Feb 1
919 102
7,000 xl33 Jan 3o 141 Hj Jan
80*4
Jan
31 89 ‘4 Jan
2,345
J an
Feb 1 41
2,600 32
5.5 00 94*4 Jan 19 98=a Jau
4 Do
15;*8 Jan 19 167e Jan 15
1,050 66 Jan 31 60=8 Jau 4
Jan lo
47
Jau3l 57
8,22 b
98
Jan 19 9978 Jan 24
34
37 •* 168*8 Feb 1 181's Jau b
3,00b 50 Hi Feb 4 57 Hi J■*** lo
Jan 8
42u 97 Hi Feb 2 99
Jau 7
32 Hi Feb
41
11.04i
loo
Jau 7
2.750 95% Feb
68
Feb
77HJan 7
4.6 '(
Feb
100 103
§107 Jan 11
Feb
162
Jau 4
1,430 150
Jan 29 85
Jan 17
80
10*
Jan li
50U
8*8 Jan In
J an 21
Feb 8

61
49 Hi

Jan

Jan 2

68
52

Jan
Jan

Feb 2
Jan 1
109%
Feb 5 78*s
Jau 31 50**8
Jan 3 107 **4
Feb 1
39*%

52

..

Jau

Jan

Oel

.

May

84
53

Sep

Dec 967a Jau
May 138*2 Jau
Aut 94 % jau
Mai
Mai
J ly

40*% J’ue

84
J-ne
59*o (jet

xlbl-% J’ly xllD Jan
75' Muy x87 H2 Jau
60% Oct
32=8 J’ly
98*% JTy 113*4 Jan

Jau

Jau

May
May

Jan
j an

31
JTy 58
104
Jan 30 108
Jan
JTy 117%
38
Jau 22
Jan 2 97
Muy 93
233
Mar 305
Jan 26 §2t*0 Jan 26
91*4
Jau 10 1x83 *4 Dee
Feb 8 85

Jan 17 151

Jau
Jan
Jau

62
May 79 Hi Deo
113*2 Jau 118 2 Oct
18 s Jau
12
ilu)
88 Hi Mar
82
Sep
66
May 95 % Jan
100*4 J’ne 106*4 Jau
133
JTy 163 **4 Jau
Jan
7 % N ov 107
28**4 J’ue 51Hz Jan
103
Jan
88
J’ly
13 *4 May
18% Nor
50
JTy 62 Hi Jan
43
May 64 % J an
95
Feb
May 105
Deo 270
Nov
180
62
44
*4 Jau
May
97**4 J 'h 107 Jan
22*4 .May 41 =4 Deo
91
May 110% Jan
68*2 J’iy 97 % Jan
101 s, Oct 113
Apr
129
Jail $166 Nov
60
Oct
May 88
5 Hi Bep
15% Jan

60
38

Jan
Jan

Apt

Jan 199 Jar
J’ly 112% Jui;
Oct
Dec 184

43*2
i
83 %
Jan 3 89 Jau15
»9
1<»
Jan 25 §117 Jan 9
75
Jan 31 90 Hi Jan 4
24
Feb 2 3014 Jan 2*
•

28

85**4 Api
7 i <% Sell

16 Hi Sep
26‘4
90
Det
80
48
Sep x95
60
28
Jau
92
79
Jau
84 *8
54% JTy

7

Jan

Jar

21**4 A pi
70
m»:
49% Jar
107 Hi Jar
83 % Jar
112*2 Jar
30 % No'
181**4 Jar

2 1118

Aug 176

1162

Nov 188

Jau

Jau
Deo
Oct

Jan
Jau
Jan

—BROKERS’ QUOTATIONS

|l
ij

Feb 4

6,00u

•Rational Biscuit

i" Do
pref
Nat Knauieung&Starap'g
Do
pref

53% iiailway steel Spring...
Jtfci Do pref
36% Republic iron Jb Steel
71
106

Jail 21
Jan 5
Jan 11
Jail i 6
Jau 7
Jan 2
Jau 1*)
Jan 7
Jan lo
Jan 21

J all 18 163
Jau 31 97
4,73s 155*4 Jan tl 163
0.277 128*4 Feb 1 l4v»%
5,425 15 Feb 1 18‘-j
1,800 79=4 Jan 31 81
400
47% Feb 4 50**4
3,820 33 Hi Feb 4 41
275 78 Hi Jan 19 81
4*)
Jan
69 %
Jan 30 75*4
1,200 71

iuternaiional
Taper.
Do
pror

7

Jan

160
I,2w0 92

S

98

Carnegie.
Central Tr’st
Colonial
CoTimbia
Commercial.
Common W’tli

.ess
0

pref

1,255
9,4 70
3,273
42,589

Do
pref
Pressed Steel Car
Do
98%
pret
Pullman Company....
172

N. T. CITY

Farm i,o

..

900

,

Jan 12

Juu 31
Jan 30
Jan do

Jan
Jan

33
64

l>*< 102
90
20 Ha May 35
82
Oct
89Hi
32 *4 JTy
47 ‘*2
98 % J Ty 105
28
Ma*>
44*4
95
De*
90
2i5
Apr 272

Jan 14

i

.M ay

J’ly

53**4 May 78 c Jar
J an 2
10 s% Dec 120*4 Jar
4
6 > Apl
J’ne
29 7e A pi
Jan
25
24
Jan 11
25 Hi Jau 3
92*4 Dec 101*-*, Jar
92
Jan 22 93 *8 Jan 7
Jar
139 *4 Feb 1 x155 Jail 7 138 Hi May 174
Jar
Dec 130
112
1J 2% Feb 1 117% Jan 7
J’ly 220 Jui;
Jail 18 2u0
197 Hi Jan 11 205
Jar
100
Dec 107
15*4 Jan
9**4 .No.
8;*4 Jan 31
loa4 Jan
40
May 53% Jar
47 Hi Jan
41 Hi Jan 3*
Jar
127Hi May 157
129 si Jan 30 136**8 Jau
1-8
Dec 140 Jar
Ha
Jan
129=8 Feb 7 13L
130
J’ly 144*% Jar
128
Jan
Jan 31 133
96
J’ly 109 Jar
95 Hi Feb 5 98=4 Jail
Jar
28
Nov 43
30 Hi Feb l
30 Hi Jan
101
J’ly 110% Jar
99 Hj Jan 31 102 7s J an
300
Fel
[223 % May
269
Feb 1 29 L *•' J an

100 HO
14
49

3,590

!!

..

....

.

Trust Cos.

Bowl’gGreen 440

......

9U0

167,370

Union Bag A Paper

Bankers’ Tr.

......

2,713
2,02o

pref.

Paoilic
Mail.. C.
eop. Gas-L.<fc

i

Jan 30

Do pref
155
154%
155% Tenu. Coal, iron & HR...
84 % Texas Pacific Land Trusi
80% *82
8
8
7%
58
Do pref
60
60
60
X45
1,700 x45%
47%
% 4r» % U. S. Cast 1. Pipe & Foun.
*
83 Hi
Do prel
87 ‘4
88
United States Express...
§110
115
115
♦lOi
77
10*
U S Realty dc Improve’nt
78
78
78
100 26
U S Reduction <fc Retiu’g
*25
30
30
60
Do
*63
67
65
prei
51%
50% 6i% United States Rubber.... 12,280 47 Hi
1st pref
Do
1,570 xl04
106% 10b % 106%
2d pref
Do
76 % 76 %
2,000 7*
76%
4c*
308,218 4234
45-% United States Stool
45%
Do
43,063 104
pref
165% 104% 105%
2,100 32
34
31
34% Virginia-Carolina Ohern..
300 105
Do pref
108
106% 106%
600 77
83
89
S’J%
Virginia Iron Coal & C..
280
*27.»
305
JU5
Wj ells Fargo & Co
1,025 82
82
83
82% Vt est’n Union Tele’gpb
2U0
148*4
*148
156
156
West’gh’seElc&Mfgassen
Do
1st pref
*167
182
185
*

1

..

(new), pref.

Woolen

58%
5L%

3534

;
!

,

365
700

pret

Distillers Securit’s Corp.
Federal Mining <fc Smelt’g
ref
Do
lectric.

BANKS AND TRUST COMPANIES
Ask

!

2,700

36%

§08

7 L

103

*

83
35%
16
58

16

:

100

32,800

Do

i

500

1,100

i

23=8
87 %

Jan 30

2
.Jan 19
Jan 21
Jan 30

,

(’enirai
Leather
Do
pref
Do

;
>Jan
Jan 21

».Jan

1,570

9.S95

Do

95

i

23
44

9 §240 J’ne 1300 Aug
16
27**8 Jan
J’l)
f>
40
Sep 67 Jau
2
92*% J’ly 118*4 Feb
5
8 20 J’ly 34 *s J an

Feb 2
Jan 21

Jan

134

75
75% 76
7638
7i>%
170
•150
*150
i7u
170
94
94%
94% 94%
94
158% 159
169
159% 181=4
140_ 148% 147
149%
140
16
16 %
16
16
16% 17
16%
80
80
bl
*80
00% 80%
80
52
*47
48% *47
47% 47Hi
48
35
35
34%
35%
34%
84% 35 *3
79% 79%
76
•75
80
§79
79
*
63
73
72% ?2%
72
72
‘71 %
7;% 71%
69% 69%
69 %
69% 69*11 §69% 69%
83
83 %
33% 86%
83
8i% 83*2
*117
*117
118%
118%
118%
118% *117
*
i 3 % 14%
14
14
14*4 *13% 14%
b6
86 Hi *85
89
*85
b7
87
70
70 -i
70% 703,
69
70
70
102*4 §102% 102% 102% 102% lu‘2 % 102%
136-,#137% 137% 188% 138% 139%
13b %

*8i
34
96

-

24% 2t>
134

16% .Jan
37% dan
21% dan
25 % Jan 12
51 Hi Jan 7

Feb

>

300
iOO
700

53

•81

24%

134
2.5 % 2 3 %

18%Jan
38%Jan
30 Ha Jan

§290 Jan
13 Hi J an

1,300

.

pref
vconaa Copper
fjrooklyu Union Gas

71%Jan

17 H- a an :
22 Hi Jan:
44 % Jan:

870

710

enoau

30

14,820

3,115
Do

Jan

Jan
Jan

04
62

25
Jan:
12 Hi Fob

1,230

10,320
Ainer. Tobac.

8

§290 Jan
l
i6%Jan
34% Jan 31
43-HJan
245,882 110*8 Feb 2 121% J an
22 Hi Feb 4
911
25% Jan

40% 49%

134

Jai

3,320
1,000

1434 Oruusw. Dock<& C’.Imp’i

37%
101% 102

10u% *100 101%
48% 49%
49%
95
25
133%

96

32%
100% uio^
282 286

100% 100%

J aan

795
650

9%

96
32

96
32

16 *8
31

210

132

96
32

Feb

475

Dec 122l4 J»n
7 102
§ 50 oct §150 Oct
5 138 Hi Mu* 1 '5% Sep
9 i Hi M »
7
9914 J an
98
50
J an
7
Api
55
93 % Jan
7
Api
84 Hi Apr 87 Hi Jan
15
Dec
26 Hi Jan
5
: 6 % Dec
53% Feb
7
Dec
30
44Hi On®
7
16
21**4 Feb
Apr
7
36
Mu
48*2 Feb
5
29 Hi Feb
10 2 1 l4 Oct

1 108 4 Jan

dan 31
Feb 4

101,757

§44
44
131% 132
132% 133%
133
131
129% 129% *128
128% 128%
128% *127% 130

Feb

102

H ighest

Lowest

Highest

WO

93

*114

Lowest

53
134

1,510

i_iocoiuotive...

3%
24

144%
% H534

Year(1906J

800

1,365
4,82*'

110%

*3%
*23%

93

143%

an

Range tor Previous

400

820

Wubasil
l)o
pret

713*

Range ror Year 1907
On basis or 100-share lots

1110.395 168% Jan 3o .83

Union Pacific

Do pref
U nitRya Lnv’t of San Fran
Do pref
United Krs of St Lou. pret

Adams Express

110 Hi 110 % *110

110%

.

Wisconsin Central
24
Do
40% 46%
pref

.

*

Bid

Transit.

Industrial & Miscell
300
*290
*290
300
*290
3JO
.5
15% 15%
Uls-Chalmers
15=b
14%
1 i%
Do
58
37% 39
39% 39%
37% *3 b
pref
112
111% 11 - % 111% 113% lie -4 113% AjnaigatnatedCoppor
23
23
24% 24%
23% 24
22%
*87
*87
102
*87
102
Do
102
102
pref.
19
19
19
18% 18%
19% 20
*
*
♦
81
Si
81
Do pret
81
43
42% 43
4-=»
42% 43
44% American Car Je Foundry
102 % 102 %
Do
102 ‘t 101% lOi % 102 102
pret
30
30
30
30
30% 30%
30
Do
92% *89
90% *80
uret..
92%
88% *89
240
*230
*230
240
235
24o
235
7
*0%
7%
7%
034
b%
6%
5 %
5 %
5%
5%
5%
5%
5%
*26
30
*26
De pref
30
26
*25
30
84 % 84 'a
•83
8b
85
847S 84%
*10 a 18
*17
IS
*16% 18
18
*32
37
*32
37
Do
*32
38
37
pref

*

Banks
Union Exchi

Week
Shares

30
Western Maryland
13
Wheeling* Lake Erie...
Do
82 %
1st pref
Do
2d pr®f
19 %

*12

22%

49
49%
♦47 % 48
48
*98% 99% 210U
♦90%100
99
99
100
168
% 168 % *168
170
§ 169*4 169*4
•168
170
5 1 % 62
52 % 53
50% 51
61
51*4
* 97
*97
98
97H
*96%
98
87% 97%
84
34
35
34% 35%
34*4
32% 34
96% 97%
97% 98
•96
95% 9 b
96%
69
69 % 70 %
68
69
(J9%
68%
69%
*
103
103
104
1U6
•102
106*4 *102
*150
*150
155
158
•150
158 " loo
158
*80
84
*79% 84
•80
84
•79% 83
6%
7
•6%
8
*57
6U
*67 ' 68%
45 % 46
47
47
46
46
46
46 ’
*
♦«6
83
*85
89
88
*100
115
*100
*100
115
115
*100
115
*76
♦76
SO
80
"IT
8L
•77
80
*25
*25
30
*25
28
30
♦61
66
*61
66
65
*61
•60
66
49
50% 0 i %
49% 50H
49%
47% 48%
106
105
106% 106% 106%
105
105% 105 %
75
76%
74
*72
75
75
•72
76%
44% 46%
44%
45
44*4
43%
43% 44%
,105
105% 105% 105% 105% 106% xl04% 105
33
33
33
33% 33 H
33%
82% 3S
107
107
*106% 108
106
106
*106
108
89
89
86
88
*86
89
305
*275
♦275
305
*275
305
♦375
305
82% 83%
82% 32%
*82% 83
*•8*2*4 «3
*150
155
*150
155
•160
*150
155
150
*167
185
*167
182
182
*167
*167
182

'47%

Ib %

32%

46%

24%

118=4 *117.
118% *117
*13% 14% •13% 14=4 *13%
*85
*84%
87
•85
87
63%
66 % 68=4
66
66=4
102
102
102 ' *10i% lu3
134
134% 134%
184
135

rf534

'

.....

•

19

133

•117

82
34

67
......

......

90

*17

24
25
24%
133
133‘a
133
23%
23%
23%
22%
87
86
86 ‘y
87%
86=4
71*4 73
75%
7u% 71
70% 70**,
♦160
*160
*130
170
170
•150
170
93
08
94
92
93%
92
92
157*4 157% 168 158% 159
157
158
131%
131
132
134
134%
#129 129

16% 16
79% 80%
47% 47%

173

1:' %

44 %
42%
13U % 131% 131*4
*129
*129
133
*128% 129% 128
95% 96
95%
31
32
32
100
100
100
270% 276*4 275%
1 i2 "4 112% *110
•1334 143, *13%
•49
*49
63
36
35% 36%
100%
§100 100
46% 47%
47%

42%

......

91
57
68

7 %

i

142
143
115% 116*4 *115

139% 141%

"

91
57

67

*65

*o2

♦36

38

22% 22%
*87
102
lo % 18**,
81
101

10I '101

•32
70

55%

66
......

......

172% 174

93

*91

106

105% *103

......

......

172% 1,3%

*12%
*17
22%
*45

liu% 111%

....

5%
•24%

......

......

♦290 300
300 5*290 300
•13 %
14% 14 %
15
14%

38
110% 111%
•22
23%
•87
102

•

32
30

45% 46

4b

•45

16 %
32
♦25

16%

32
♦26

*103

105% ♦102% 106

171*4 172%
90% 91

170*4 171%

171%

325

New York Stock Record—Concluded—Page 2

1907.)

..

..

j

Bid

Trust Co’s

Mut. Alliance 205
N Y Lite&Tr lObO
New York Tr $735
StandardTr’t 400
Titled 11 <fc Tr 570
Tr Co of Am. 775
union Trust 1325
US Mtg&Tr 470
1275
Unit States
Van N’denTr 290
Washington. 100
200
Windsor

Ask
215

T.(^»i,jr''fiii'''',,v#f;,i:'"i'ilTii(ii'n,i‘e|''^ir^)|,j-1

Bid 1 Ask

IiKOOKLYN

Brooklyn Tr 440
125

150
270
315
Franklin
Hamilton.... 330

Citizens’
Flat bush

160
200

150
215
-70
N assau
325
People’s
Williamsb’g. 220

330
280
350
230

1350

Homo

18o

Jenkins

Kings Co

.

310

215

|460

|160

325
350
175
205

....

790

c Ex-dividend and rights.
1 Ex-rights.
O.Newstoc k.
i’rusl Jo. cnrtilicatos.
*, Banks marked with a paragraph

s

Trust Co’s

L I si L A Tr.

(II) are State

banks.

New York Stock

Exchange—Bond Record. Friday. Weekly and Yearly
OCCUPYING

BONUS

Price

N. Y. STOCK EXCHANGE

Friday

Wrkk Ksddtg Feb 8

Feb 8
Bui
105
105

U. !% Government
U S 2ft consol registere<Ldl93C
U 3 2s oonsol coupon....dl930
U 8
registered
/cl91h
U 8 3s coupon
kl918
U S 3b reg small bonds..V1918
U S 3s eou small bonds../cl91S
U 8 4h registered
/il907
U 3 48 coupon
/tl907
U S 4s registered
1925
U 3 4s coupon
1925
USPjn Can 10-30 yr 2s.fcl936
Philinnino islands 4s. 1914-34
Pub wks and imp re r 4s 1935
Pub wks and imp reg... 1936

Week's
or
Last Sale

=

Since

.c

January

G -c

Aek Law

1024 103
1024 103

High So
1054
1054 20
105 4 Dec’06
103 4 Aug’06

10541054

1024

10241034

Low

102*

107
J’ne’0
104 4 Oct ’(>

102 4
10 L
1014 1004 Jan ’07
101
1014 1004 Jan ’0“
--

1294
139 4
1294
129
1044 105 * 105 4 Oct
Ill
1094
May’06

129

129 4
1294129 4

--

tlM&4
i

98

934
904
844
1034

104

99 4

994

99

98*

94

934

hest

State Securities
Alabama curr fund 4s
1920
Diet of Columbia 3'65s
1924
Louisiana new consol 4s.. 1914
North Carolina consol 4s.1910
6s
1919
8o Carolina 4 4ft 20-40
1933
Tenn new settlement3s..1913
Small

9S4

pr ices

a re

o

111
113
100 4 102
aoi
126

(is deferred Brown Bros ctfs.

964

994
99 4
944
927,

9678
914
90 4
82 4

85 4

101*8 1034
90

964
934

94

of $5 to £

Mar’02

1174 J’ne’O*
1054 Dec’04
101
10 L
122
J’ue’06
120
Mar’01
95 4
95 4
954 Dec ’01

95 4 Sale
95
95 >,
22

Virginia fund debt 2-3S...1991

227
99
508
937, 470
91
164
84 \ 239
6
T03*
Jan ’07
5
934
n the o asis

994

954 Jan ’07
20

20

10

95

95 4

064

954

20

20

Railroad

Cent
So RyLine
Alabama
laOa Ai nil
See SeeCoast
At

Albany it Soso See Dei A liuci
Allegheny Valley See Penn Hit
Alieg A West See Bud R A 1
Ann Arbor 1st g 4s
/il995 Q-J

90*8

1995 A-O
1955 J-D

5o-yr conv 4a
A1995

Adjustment g 48

Registered
Stamped

/il995
41995

Debentures 4s Series K.1907
Series F
1908
Series G
1909
Senes H
1910
Series 1
1911
Senes K
1913
East Okla Div 1st g 4s.. 1928
Atl Knox A N See L A N
Atlantic Coast 1st g 4s.41952
Charles A Sav 1st g 7s..1936
8av F 6c W 1st gold 6e..l93‘i
1st gold 6s
...1934
Ala Mid let gu gold 5b ..1928
Bruns t& W 1st gn g 4s ..1938
LAN coU g 4a
01952
Sil Sp
Oca AG gn g4s ..1918
Atlantic A Danv See South Ry
Austin 6c N W See Sou Pacific

BaltRegistered
A Ohio prior lg3 4s.41925
1925
Gold 4s

41948

Registered

96=4
94
92

M-E
J-J
A-O
A-O
M-N
J-J
M-N

1

90 4

90 4 904
101
102 4
101
1014
102
108*

Jan’07

105 4 iioi
is

904

9278

9L

92 '4

97
Dec’06
98 4 Nov’04
Nov’06
94

.

.

954.

954 Aug’06

084 8ale

984

16

®64

974

9S*

i.294!!!!!. 13*2 4 j'anf’OO

1144
112
93

U24 Jan’04
114* Nov’05

—
...

J-J

88*4.
94^

J-J

944 Bale

U

1014 Sale
99

99 4 Mar’06
88
89

89

93 4
934
J’ne’06
95

101*4

n

1064
1004

88

904

SahT

954
904

110

105*

LOO

105 7h

105410578

Apr’05

Registered

Craig Valley 1st g 5s
1940
R & A Div 1st con g 4s..1989
2d consol g48
1989

103
124

102

Apr’97
119*1224
Apr *06
124
1224 1224

90S Sate
1004 Sale
1D4* 105
1044

914

1004
104*
108

95

76

90

964

94* 96*

904

•

Jan ’07

93
J’ne’U6
115 4 Dec’05
115
Nov’05
115 4 Aug* 05

1074
1074
1094

•

ICnihvny
g 5s

1945 A-O
4s....2002 J-J
BkCity 1st con 5s.1916.1941 J-J
Bk Q Co A S con gu g 6s.1941 M-N
Bkiyu U11 El 1st g 4-58.1950 F-A
Stumped cuar 4-5s....l95U F-A
Kin^sCoEl 1st g 4s.... 1949 F-A
Stamped guar 4s
1949 F-A
Nassau Elec gu g4s....1951 J J
Con 11 Ry A LI si A ref g 4 4s ’51 J-J
Stamped euar 4 4s
1951 J-J
Den Con Tr Co 1st g 5ft...1933 A-O
Det United 1st con g 4 48.1932 J J
Havana Elec consol g 5s. 1952 FA
1st return!

“

-

Inter-Met coll 4 4s...
1956
Internal Trac coll tr 4s..1949
Louis Ry Co lstcon g5s..1930
Manila Elec 1st A coll 5s. 1953

•No pr:oo




A-O
J *J
J" J
M- 8

89

Sale

102*
......

1044105
......

......

......

86*
*

.

83
103

103* Nov’06
103

•

104
95

•••

......

....

..

90

81* Sale
......

......

Friday; latest prioe this week.

107
1 105
107
88
89
398 ! 87 4 92*
102* Jan ’07
102* 102*
i
LOO
Oct ’06
j
107* Jan’07 ...J 106 4 108
110
Feb’96 ...1
0
87
87
87
89
884 Jan ’07
88 4 884
82
82
1
82
85
....

......

96

-

-.

....

Dec'06
J’ne’OO
93* Oct ’06
TO 4 Jan ’07
797fi
81 * 332

...

....

......

......

....

......

......

....

91

....

79* Sep ’00
109
98

aDueJan

Mar’9.s

May’06

J-J
J-J
J-J
.VI- S
M-N

[-105
j115

100

,116

89 4

L03

103*

115

116

104

1054

J'ne’06

1104

1044
May’06

11

Il 12

102 4

Feb '06
iuo
100 4
97 4 Dec’06
113 4 Feb ’051
994 Feb’06!
79
Jan’07i

LOO
Sale
92 4

107

80
•

*984
91

89 4

115*

104*105*1104*

784
754

89 4
Nov’06

Sale

101* Sale
104
1004
lo L4

734

994 1004

79

Jan’O?!

80 * May’051
100 4 Jail’07
91
92
90
Sep ’0*3
10 2
1014
110 4 Jan ’05
100 4
1 Ou 4

87

M-S

80

734

76*

100 4
91

1004

100

92*

,1024

100

100*
101*102

101*
10l7b
1014 Dec’06
1U0
J’ly ’06

M-N
M-S
J-J
J-D
A-O

1024103
1084

M-N

11641174 116* 1164
1184 Feb’ou
1134
1134 Feb’07

1134118*

1244127

126

126

102

105 4

Sep ’06

106*

106*

J-J

....

91

93

101*
131*....

....

Jan’07

102 4 103

1U8* Jan ’07

108* 109

103
92

Get ’08

100* Jan ’07
132

01

Sale

110*
112*
104*

91

92

101*
105* Sale
1044

no*....
106*

109*
1194123
103
104

104
112
105
116
119

05

....

78

111

104
104

104

J’ly’99
Oct’06
Aug’04
Apr 00
Nov’06

121.

105$

119 78 121
102
102
104
104

974 Jan ’07

974

90
-Nov’06
111
Oct ’06
114 4 Feb ’06

98

1064 Nov’06
107 4 J’ne’Otv

104

,

1921 A-O
M-N
M-N
M-S

114 4 Sale

M-S
M-N

102*
102*
ia‘i*

J-J

110

J’no’06

Jan’07
104

104

101*

110

10

111

92*

1124 112*

Apr’06

Jan’<>7
Oct’06
Dec’03
Feb’06

102
Bale
97

107

90 4

106* Apr’05
105*
105*

101
107

M-N
J-J
J-J
J-J
J-J
A-O

ii*044 106*4

-

6 ilOO

115* Oct ’06
112* Jan ’07

108
110 4 111* 110*
106 4
110
123 78
137 4
107*
110
101 4
106
182 4
109 *
111

120

111* ill*

1074 104 4 Oct ’U6l

100*

M-N
F-A
M- S

1*1*6 * il7*

126

*1909 M-N
1921 A-O

1007ft101*

Oct ’06

Registered.....

Registered

100*4

994

11034 Jan ’07

116

101*

1917
1988

4110*

102

101*
Sep’06

Jan’07
1084 Jan ’04
114 4
U44
117
Feb’06

116*

1054 Dec’05
102* 102*
102 4Dec’06
1224 Jan ’07
1164 Oct ’00
1424 Feb’02
1264 Feb’06
109
Sep ’03
116* Jan’07

113*

118* Nov’06

100*100*

100

114
127

1244
100

914 Sale
94*
93*

ib*7“ 1*07**'.
20 113

1224 122*

iiS* iY35

100*

16
04

994100*

*91** *9*1*

97
J’ly’04
924 Nov’06

91

904 Jan’07
93

90* Sale

904

90

90

75* Bale

744
79

884

4114*

102*102*

1004 Sep ’06
914
91*

90 ^

004 Sale

1004 101*

——

904

’904

10

90*

"90*1

75* 157

744

77

May’0 4
004

May’04
Dec ’05

88*‘ST

59]

90 4

•.

106*1074 107

conv g

115

1909 M-N

on

Street

Brooklyn Rap Tr

100

Debenture 6s....

MISCELLANEOUS BONDS—Continued
Street

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

..

Nov*06

110

89 4

103*
1054

1988
g 4s
1934
41
00
Coll trust SeriesH 4s
1910 M-N
100*
13 044105 V
J 4s
1912 M-N
M 48
1915 M-N
N 4s
1916 M-N
O 4s
1917 M-N
P4s
..J.918M-N
Chic R I A Pao RR 4S..2002 M-N
Registered
J2U02 M N
Coll trust gold os
1913 M-S
1
Bur Ced R A Northern—
26 1004111
Con 1st A col tr g 5s...1934 A-O
1934 A-O
Registered
90
90
CRIF A N W 1st gu os.1921 A-O
M
A
St
L
1st
734 75*
gu g 7s..1927 J -D
Choc Ok A G gen g 5s .01019 J - J
634 05
Consol gold 5s
1052 M-N
Keok A DesM 1st os
1023 A-O
Clue -St ±j A N O See ill Cent

Nov’06

BU-,

106 4

Registered

1064 108
125
1264
124* 125

100 4 Jan’07
100 Jan’07

Registered
1879-1929 A-O
Sinking fund 5s...1879-1929 A-O
1879-1929 A-O
Registered

Refunding

1004
1047ft

i

Higli

Low

20

I

Sinking fund 6s...1879-1929 A-O

Sinking fund deb 5s
1933
Registered
.1933
North Illinois 1st 5s....1910
otto FA St Paul 1st 5s 1909
Winona A St Pet2d7e..l907
Mil L 8 A West 1st g 6s 1921
Ext A Imp s fund g 5s 1929
Ashland Div 1st g 6s..1925
Mioh Div 1stg6s
1924
Incomes
...1911
Chic Rock lsl A Pac 6s...1917

So

Juu ’07

1104

Q-F

pl987 Q-F

General gold 4s

734 Jan ’07
634 Jan’07

66

103*

12241294

1184 Dec’06
1104 105*
1104
113 Apr’06

*90*

J-D
J-J
J-J
J-J

M

18* 118*

1004

1886-1926 F-A
1987 M-N

Registered

Registered

]

125*1254:125

Q-M

ti

Registered

Since

January 1

M-S

see Erio
Clue In A Louisv ret 6a...1947 J-J
Refunding gold 5s
1947 J-J
Louisv N A A Ch 1st 6s.1910 J-J
Chic Mil A St P term g 5s 1914 J-J
General g 4s series A..C19SU J-J
Registered
el 989
General g 34s series B.el989
Chic ALSn Div g 5s
1921 j-j
Chic A MoRiv Div os... 1920 j-j
Chic A Pac Div 6s
1910 j-j
Chic A P W 1st g os
1921 j-j
Dak A Gt So g os
1916 j -j
Far A Sou assu g 6s
1924 j-j
Hast A D Div 1st 7s
1910 j-j
1st 5s
1910 j-j
I A D Exten lst7s
1908 j-j
LaCrosse AD 1st 5s....1919 j-j
Mineral Point Div 5s. ...1910 j-j
So Minn Div 1st 6s
1910 j-j
Sontli west Div 1st 6s....1909 j-j
Wis A Minn Div g 5s....1921 j-j
MU A No 1st M L 6s....1910 J-D
1st oonsol 6s
.1913 J-D
ChioANorthwcons7s
1915 Q- F
Extension 4s
1886-1926 F-A

General gold 34s

Range

or

Last Sale

1104 Sale

M-N

1937 M-N

Ry 1st os. 1936

Range

Ash'Low
High
107 *v| 10*
Jan’O',
Sale (1254
126

1927 M-N

Southwestern Div4s....l921
Joint bonds See Great North
Debenture 5s
1913
Han A St Jos consol 6s.. 1911
Chic A E Ill rof A imp g 4s 1955
1st s f cur 6s
1907
1st consol g 6s
1934
General consol 1st 5s....1937

Chicago A Ene

Bid
107
126

Id 2 4--.
100

Warm Spr Val 1st g 5s.. 1941
Greenbrier Ry 1st gu g 4s ’40
Clue A Alt RR ref g 3a...1949 A-O
Railway 1st lien 3 4a...I960 J-J
Registered
1950 J-J
Chic Burl A Q—DenvD4s 1922 F-A
Illinois Div 34a
1949 J-J
Registered
1949 J-J
Gold 4s
1949 J-J 1
Iowa Div sink fund 5s.. 1919 A-O
Sinking fund 4a
1019 A-O
Nebraska Extension 4s.1927 M-N

Registered

Week’s

Price

Friday
Feb 8

1039
1992 .Vl-S
1992 M-S

General gold 4 4ft

Debenture 5s

1194 Mar*04
96
Oct *06i

116

194&UI-H
Oot
Oot
Oct

L02*

B014
894 90
95
96
894 9041

2
42

954
904

1184 Jan’07
1034 103 4

117

034

55# 1014

102

118*4
103P4

110

89 4

93

Oct *06

80
10©

15

101
Jan’07

1014 101
90

9A4

32

M* Deo’06

*954 Sale'

Registered!.!!.-!

Registered

,

954

Mouon Riv 1st gu g
Gen Ohio R 1st og44*.-1930 M-S
Pitts CLev 6c Tol 1st g 6s 1922
-O
Pitts 6c West 1st g 48—1017 J-J
Bat Creek 6c S See Mich Coot
Beech Creek See KTC4H
Bellev 6k Car See Illinois Cent
Bklyn 6c 11 on tank See Long 1
Bruns 6c West
Ail Coast L
Buffalo N Y 6k Erie See Erie
Buffalo RAP gen g 4b... 1937 M-8
All 6k West 1st g 4s gu..l998 A-O
Cl 6c Mali 1st gu g 5s....1943 J-J
Booh A Pitts 1st g 6s...1921 F-A
Consol 1st g 6s
1922 J-D<
Buffalo A Southwest See Erie
Buff A Susq 1st ref g 4B.R1051 J-J
Bur C R AN See CRI&P
South 1st 5s
1908 J-J
5m...
!l913A*-S
1913 M-6
Carb A Slia wn See Ill Cent
Carolina Cent See Seab Air L
Cartilage A Ad See N Y C A H
Ced R la F A N
See B C RA N
Cen Branoh U P 1st g4a...1948 J-D
Cen Branch Ry See Mo Pac
Cent of Ga RR 1st g 6s..pl945 F-A
Oonsol gold 6s
1945 M-N
1st pref income g 5s....pl945
2d pref income g 6s....pl946
3d pref income g 5s....pl045
Chatt Div pur mon g 48.1951
Mac AN or Div 1st g 5s.1946
Mid Ga A Atl Div 5a....1947
Mobile Div 1st g 5s
1046

Leli & Wilks B Coal 5s.. 1912
Con ext guar 448----firl9l0
N Y & LongBrgengls 1941
Cent Pacific
See So Pacific Co
CentVermont 1st gu 94s.el020
ChasASav see Atl Coast Line
dies & Ohio g 6s ser A../il9U8
Gold 6s
alOll
1st consol g 5s
1939

Chic A ind C

101*4 165

1044 Oct ’06
914
904
95
Sep ’05
91
914
994 May’06
994 Oct ’06
100 4 Jan ’06

984.

41948

41925
5s.. 1919

102*

914

P Jun 6b M Div Istg84sl925
P L E A W Va Bys ref 4»1941 fM-N
Southw Div 1st g34s...1925 J-J

Registered

101

104*8 Sale
914

Nov
Nov
M-N
F-A
F-A
F-A
F-A
F-A
F-A
MS

904
1014

1014 Sale
100*8

c

JO

1937 M-N
Cent of NJ gen’i gold 5s. 1987, J-J
Registered
/tl987 Q-J
Ara Dock & Imp gu 5s..1921 J-J
Le & Hud R gen gug5s 1920 J-J

Registered

Atch Tit S Ke—Gen g 4s. 1995 A-O

—

Cen RR A B of Ga col g 5s

Registered
* 98* Salo
* 984 Sale
* 934 Sale
1 90 4 Sale
* 844 Sale

2d senes Os
1911
£ loan 4 4s ctfs full pd.1926
2d series 4 4s ctfs full paid
£ loan 4s ctfs full paid.. 1931
Bepubof Cuba 5b exten debt
U 3 of Mexico s t g 5s of 1899
Gold 4s ot 1904
1954

Registered

!

BONDS

N. Y. STOCK EXCHANGE '
Week Evrusa Feb 3
I

High

10078 I007e
lOO’ft 1007ft

1294
1294 Sale

Koreign Government
Japanese Govt 6s sterl’g.1911

Conv g 4s
Warrants for

PAI-JES

Range

Range

106
100

FOLK

79*

....

....

......

.

03
82
......

••••<»

....

d Due Apr

«DueMay

Met St
Ref g

Ry

120

117

Jan’07

111

Nov’05

ib*2**!!!!!!

109
111

May’06

1084110

117

117

l204Mar’03

10*7" !!!!!*.

Nov’06

105*Nov’06l..._

Next Page.

Railway
cel tr g 5s. 1997

4s...

!
F A

104*108

10S

2002 A 0

84

84

gon

BwayAJfchAvlstcgos 1943

J D
Col A 9thAv 1st gu g os. 1993 M S
Lex Av A P F 1st gu g 5s 1993 M S
Third Avo RIi con gu 4s 2000 J J
Third Avo Ry 1st g 5s..1937 J J
Met WS Ei(Chic) 1stg4«. 1938 F A
Mil EL Ry A L 30-yr g 5s. 1926 F A
M inn St Ry 1st con g 5s..1919 J J
N Orl Ry A Lt £(?n 44a ..1935 J J
St Jos Ry Ltll A P lstg 5s ”37 M N
M Paul City Cab con g os.1937 J J
U nderground of Lon 5s... 1908 J D
Union El (Chic) 1st g os..1945 A O
United lilts San Frsf 4s.1927 A 0
United liys St L 1st g 4s. 1934 J J
W chic St 40-yr con g 6s.1936 M N

^DueJ’ne

118

/iDue J’ly

k Due Aug

Jan’07
Jail '07

110* 1 11 7g no*

110*
113* 113 * Jan ’07
113* 114
113* Dee’06
88 4 Snle
8S4
89
112* Sale 112*
114 4
93 4 J’tV ’06
113

...1108
...

1

84

108*
85

4,1110 4113
113*113*
88*

89

112* Hi*

109
J’ly’IF
107 4 Eeb’06!
90* 90 4 S‘*p ’06]

103* Oct ’06

107

88* Sale
82

85
0 Due

Oct

110 4 Nov’061
89
80*
100
Jan’07
82 4 Jan ’07
86 4 N ov’06
99
Dec’97

pDueNor

-I
89
100

82*

94
100

83*

sOptionSal*

Feb. 9

327

Becord—Continued—Page 2

New York Bond

1907.]

a
<

II. Y.

Friday
Feb 8

STOCK EXCHANGE

Week

Ending Feb

8

6a...1930

131

A-O

120V
99*4 Sale
112*4
9 7 V Sale

112 V
97 V

Oct’00

104 V

113
107
88

83

Jan ’07

101V102

101

Jan’07

...

0-M
J-J

ClStL&C See C C C & St L
Cin S <fc C See C C C St L
Clearfield cfe Mah See B R <fc P
Clev Cin C & St L gen g 4s 1993

J-D
J-J
J-J

Cairo Div 1st gold 4s....1939
Cin W«fe M Div 1st g 48.1991
M-N
8t L Div 1st col tr g 4a.. 1990
Registered..
1990 M-N

Spr <fe Col Div 1st g 48..1940
WWVal Div 1stg4s...1940
C I St L & C consol 68.. 1920
lat gold 4s
£1936
Registered
&1936
Cin S <fe Cl con 1stg5a..1928
OCC* I consol 7s
1914
Consol sink rund 7s.... 1914

J-J
M-N

Q-F

t.J
J-D
J-D
J-J
J-J
A-0

1934

Ind Bl «fc W 1st pref 4s. 1940
O Ind & W 1st pf 5a...dl93S Q-J
Peo <fc East 1st con 4s. ..1940 A-0
Income 4s
1990 Apr
A-O

99 V
9 >
112 V 112 V

10

97% 98

98

83

83

101

102

....

....

01 Lor <fe Wli con lat g 5a. 1933
Clev & Marietta See Pen n RR
dev & Mahon Val g 5s...1938 J-J
Olev <fe Pitta See Penn Co
Col Midland lat g 4s
1947 J-J
F-A

104 V
94 V
70
113 V

96
71

72 V Sale
Sale
91

99%

98

98

98%

98%

97

97

4

g6s.... 1921
Ft W«fc Rio Gr 1st g 4a... 1928
i 'ai Har&SA
See So PacCo
' TalH<fe H of 18821st os.1913
Georgia <fc Ala See Sea A Line
Ga Car & Nor
See Sea A Line
Georgia Pacific See So Ry
Gila V G <fc Nor See So Pac Co
Gouv <fc 08wegat. See N Y Cent
Grand Rap<fe Ind Nee Penn KR
Gray’s Pt Term See St L S W
Gt Nor—C B(fc y coll tr4s 1921
Registered, h
1921
Greenbrier Ky
See Ches «fe O
Guif&SI 1st ref At g 5s 61952

Jan ’07
Feb’07

99 V

118 V 118 V

131V 131V

.

.

95

Extended latg3Va

70

72%

1st gold 3s
Coll Trust

112% 113%

14

74*4
94 V

72%
90%

47

Col <fe Tol See Hock Val
Ool Conn «fc Term See N <fe W
Conn <fe Paa Kivs lat g 48.1943 A-0
alias
<fe <fcGtWaco
Dak
So SeeSeeC MM &K St<fe TP

Del Lack <fc Western 7a...1907 M-S
Morris<fe Essex lst7a...1914 M-N
latoonsot gnar 7s
1915 J-I)
Registered
1915 J-D
lat ref gu g 3 Va
2000 J-D
N Y Lack & W 1st 6s...1921 J-J

Construction 5s
1923
Term «fc improve 4s....1923
Syr Bing<fcN Y 1st 7s.. 1906
Warren 1st rel gu g 3 Vs.2000

1st Pa Div 7s. 1917
Registered
1917

Del & Hud

10-yroonv

F-A
M-N
A-O
F-A
M-S
M-S

1916

deb 4a

127 V 130

J-D

104V Sale

A-O
M-N

133V

Improvement gold 5s...1928
Rio Gr West lat g 4a
1939
Mge and col trust 4sA.1949

104

J-l)
J-J

94

A-O
A-0

10

mi

Detroit Southern—
M-S
Ohio Sou Div 1st g 4s...1941
A-O
Dul<fe Iron Range 1st 5a..1937

1937

Registered
2d 6a
Dul Short Line
Dul So Shore tfc

1916

see

Atl

J-J

5s..1937

East
of Minn
PMSoifeRyM
aat Ten
Ga StSee
Va <fe Nee
Elgin J ol <fe East 1st g

5s.1941

Elm Cort * No See Leh & N Y
Bne 1st ext gold 4s
1947
2d ext gold 5s
1919
3d ext gold 4 Vs-i
1923
4th ext gold 5s
1920
5th ext gold 4s
1928
1st consol gold 7s
1920
1st oouaol g fund 7s
1920
Erie 1st con g 4s prior..1996

Registered

SB
111

M-N
M-S
M-S
A-O

1053*

1996

J-J
J-J
J-J
J-J

5s....al909
Long Dock consol g 6s..1935
Goal <fe RR lat cur gu 6s. 1922
Dock <fc Imp 1st cur 6a.. 1913

A-0
A-O

96*4 Sale

95%

ny

luiv
123

129

111V

M-N
M-N
A-0
J-D
J-J

127
Nov’05
104 V Feb’06

101V

'

105 V

194U

96 V

118*4 Jan ’07
101 V Nov’OO

118

J-J

1987

gold 4 Va

86 V
87
90
Oct ’06
89 V
89 V

Jefferson

110
116

RR

<.*•

Jan’07

......

....

103

i03

Oct ’06
Oct’06

Apr’06

1932

....




117
Nov’OO
93*2 Mar’OG

Friday; latest bid and asked thia week, v Due Jan

94V

98V

94*2

06*«

104V

ioi‘* 102'

lUO7*

ioovioo7*

100%

100*4103*2

95*2 J’ly’06
99*2 J’ne’06
70
Oct ’04
Dec’06
103
Oct ’01
102

1007g

May’06
102% Jan ’07
89% Jan ’07
123
May’99
100

89*4
103

78*2

102 V

91

78*4

78*4

Apr’06

7834 Jan ’07

93VJ’ne’06

91

89

102 V

8934

101 *« Oct ’99
Nov’OO
100
102
Jan’07
100*4
Dec’06
122
117*4
Nov’98
90
119*2 122 *a 121 *4 Dec’06

102

102

11934 Mar’04

93VM»y'04

1951
1951

101V Aug’06
103
Nov’04

100*2

g4a.,.1951

104*2 10B

104 V Feb’07
107 *2 Dec 02
99
Oct ’06
100
97
Jan ’07
115
115
Jan ’07
98*2 99*4 99
Jan ’o7
"9
79
111
109
110
111
86 % Nov’OO
86
106

1909
1921

gold 5a.. 1938

1951

115*«

116
99

99°n

77
109

79
110

See Erie

Kal A <fe G R See L S <fe M 8

71*2

72*2

717s

72

73

70*9

24

Oot ’00

63

11S»4

109*

113*2
107% 107%
117

113*2

Feb’07

112*8 113*9
107 V

107V

Jan’uO

107*2107**

107 *2 Jan ’07

107*2

lat 5a
1911 M-S
A-O
N YB&M Blatcong5al93b
N Y«fc R B 1st g 5s
1927 M-S

NorShB lstconggu5aol932
Louisiana <fe Ark 1st g 5a. 1927
J-D
Louisv «fc Naahv gen g 68.1930
Gold 5a
1937 M-N
J-J
Unified gold 4a
1940 J-J
Registered
1940 M-N
Coll trust gold 5«
1931 A-O
6-20-yr col tr deed g 48.1923
J-D
K H <fe Nash lat g 6a....1919

112*sNov’06
95
Oct ’06
116
Oct’06
*2
Oct ’99
109

9534

112*2 112°8 Apr’06
9634 Jan ’u7i

107
101

113% Jan ’06
105*4 Jan *06

114

114

96*4

96*4

98
94
95

Sale
Sale

98

102
Nov’05
99*4 Oct ’06
95

95

110
J’ne’04
99*2
99*2 99*2

107*2
99

103*2
102*2
1 10

108*2

109*4
115*4

117*8
100*2 sale

io7% i'09
97%
112

98

Feb’07

Sale

114

114

98

99

94

9B

98** *99*4

lo2 *2 Jan ’07
110*4 Nov’06
109*4 Jan ’07
109
Nov’OO
J’ne’06
105

1*024 i*oT*i

Jan’07
115
116 *« Nov’06
100
100*2

116

101V J’ly’06
109
109
98
98
112
112

109** 109*9

12

115V

ioo** ioi**
109
97

112

109
98
112

BONDS—Continued on Next Page.
Gas mid

-

103

an <fe Mich
KCFtS&M

Gan and Electric Light
Atlanta G L Co 1st g 5a. ..1947 J-D ’102*2......
5 106 V106V
106V
M-N 106 V Sale 106V
Bklyn U Gas 1st con g 5a. 1945
6
63 V 70
70
66
69
71
Buffalo Gas 1st g 5a
1947 A-O
201 133 .138
135
Sale 133
Consol Gas conv deb 6s.... 1909 J-J, 135
Cons urn Gas See P G <fe C Co
99
101
Dec ’03
Detroit City Gas g 5a
1923 J.J
98
i 101 *2 No\ ’06
DetGaa Co con lat g 5s...1918 F-A
Ed El Ill Bkn See K Co E L <fe P
EdEHI SeeNYG»feELH<feP
112
Nov’03
M-S
Eq G LN Y 1st con g 5s..
61 *2 Oct ’01
Gaedb Elec Berg Co c gos.1949 J -D
Dec’06
F- Ai
88*4 89** 88
Gen Electric deb g 3*23..1942
97 *2
jl0734 Dec ’00
Gr Bap G L Co 1st g 6a...1915 F-A
1103 >2 Nov’06
Hudaon Co Goa 1st g 5s.. 1949 M-N 103
OS
Dec ’06
A-O
Kan
116

102*2

3s

A118l/£IJiAN£OllS

City (Mo) Gas lat g 5a 1922
A-O
Elags Co El L <fe P g 5s...U)37
Purchase money 08.._... j.997 A-O
Bd El 11 Bku lat con g 4s 1939 J-J

103

85H

104

104*2

100%

1951

48....1931
Ind B1 & West See O C C & St L
Ind Dec & W 1st g 5s
1935
lat guar gold 6a
1936
ind Ill <fe la lat g 4a
1950
Int <fc Great Nor lat g 6s.. 1919

Oct ’06
104 V

104 V
108 V
113V

ibov

St L Sou lat gu g

2d gold 5a
3d gold 4s
Iowa Central lat
Gold 4s

111

Nov’06

109 *2 Sep’06
104*4 Aug’uo

1951

Meinph Div lat

1 < '9 *2
85

98% Nov’06
Dec’06

108

1951
1951

11

100

.

107*2

n

J’ly’04
118
Sep’1)6
109% Oct ’05
121 VDec’06
115*4 Dec’06
103
118

114V

»y

See Tol & O C
See St L «fe S F
KC&MR&B See St L & S F
Kan C <fe Pacific See M K <fe T
Kan City Sou lat gold 3a.. 1950 A-O
1950 A»0
Registered
Kentucky Cent See L & N
Keok <fc Des Mo See C R I&P
92
92
Knoxville <fc Ohio See So Ry
I ake Erie <fc W 1st g 5s. .1937 J-J
2d gold 5s
1941 J-J
111 Vlll V
North Ohio 1st gu g 5s.. 1945 A-O
L Slio
Mich S See N V Cent
Leh Val N Y 1st gu g 4V«-194U J-J
xtegistered
1940 J-J
110 V112
Lehigh Val (Pa) cons g 4s. 2003 M-N
Leh V Ter Ry 1st gu g 5s. 1941 A-O
Registered
1941 A-O
Leh V Coal Co 1st gu g 5s. 1933 J-J
M-S
Leh <fc N V 1st guar g 4a..1945
Registered
1945 M-S
E1C & N 1st pf 6s
1914 A-O
Gold guar 5s
1914 A-0
Leh «fc Hud R See Cent of N J
129 V129 V Leh <fc Wilkesb See Centof N J
Leroy <fe Caney Val See Mo P
15
97
99 V Long Dock See Erie
Long lal’d—1st con gos. A1931 <i-J
1st consol gold 4s
61931
41
85'V 88
General gold 4s
1938
1922 M-S
Ferry gold 4 *28
D
69 V 91V
Gold
4a
1932 J-D
189
95% 103%
Uuitied gold 4a
1949 M-S
Debenture gold 6a
1934 J-D
Guar ref gold 4a
1949 M-S
117% 118 V
M-S
Bklyn <fe Mont 1st g 6a..1911

100*4 Dec'06

loov

IUe=i

....

Oct *06

86 V Sale
85V
89 V Sale

104%104%
93 V 95

*98V

....

98

97 V
99 V

M-N

Terminal lstgold5a...l943
Regia *5.000 each... 1943
MidKRofNJ latgOa.1910
Wilk& Ea lstgu g5s. 1942
Ev<fe Ind Istcou gug6a..l926

General gold 5a

97 V Sale

ib*7*v min

F-A
F-A

2d

no
yy

M-N
J-J

5a.1946
oa.1937

Jan’07

107 V Jan’06
109 VDec’06
108 V Aug’06
no v oct ’oo
103
Feb’05
129 V Jan’07
Feb’06
133

M-S
M-S

consol gen lien g 4a.. 1996
Registered
1996 F-A
Penn coll tr g 4s
1051 A-0
50-year conv’4s A
1953 J-D
Butt N Y& Erie 1st 7s.. 1916
Buff et S W gold 6s
1908 J-J
M-N
Chic & Erie 1st gold 5s. .1982
Jeff KR 1st gu g

86
Oct ’06
111 V Jan ’07
112 V Feb’06

109 V

106=8

....

115*6 114 V Nov’06
100*8

J-l)

Sep’04
Oct ’06
Jan’07

112

110*4

M-N

let

N Y <fe Green L gu g
N Y Sua <fc W lat ref

92
92

92

A-O
J-J

Nor Pao
g

110
95

90
97%
102 V102 V

'

3*28...1951

Registered

110% 111%

1023u Aug’06
102
Feb’03
Feb’06
133
149
Aug’01
104 V
105*4 468 104 V109 V
2 105 V 110
105 V
106%
133 VDec’06

96
96 V 90
105 V 102 V Jan ’07
1U5 V 104% Jan ’07
05
Feb’07
96
87V 88 Dec’06
97
Jan ’02

Htgfi

95^ 118
96 >a 11

104*2
103

1951

Registered
1

Low

103*4 Dec’06

104*2

J-J

1951

Gold 3*28

,

Utah Cent lstgu g4s al917
Rio Gr So gu See Rio Gr bo
Des Moi «fe Ft D see M <fe St L
Dee M <fe Minn See Ch <fc N W
M-N
Dea Moi Un Ry lat g 5a..1917
J-D
Det<& Maok 1st lien g 4a. 1995
Gold 4a
1996 J-D

---^-

-

99 7e 103

Western Lines 1st g 4s..1951
Bellev <fc Car lat 6a
1923
Carb<fc Shaw lat g 4a... 1932
Chic St L& N O g 5s...1951

104

98

121V 126 V 121% Sep '06
110%
llu%
110
102% Aug’06
101

3 Va
1946
Jttena«fe Saratoga lat 7a.1921
Del Riv KR Bridge See Pa Kit
Denvtfe R Grist con g 4a. 1936 J-J
Consol gold 4Va
1936 J-J
Alb <fe Sus conv

104

Jan’07
119 V Nov’06
122
Sep ’06
127
J’ne’05

104

120V
12 LV

J-J

1951

Registered
Spring Div lat g

Jan *07

95*4

1951
1962
1952
gold 4a ...1953

Gold 3 *28

103

95

sterling
gold 4s

Registered

1937s

So

85%

943s

Registered
L N O & Tex
Registered
1953
Cairo Bridge gold 4a.... 1950
LouisvDiV(fcTerm g3 *28.1963
Middle Div reg 5a
1921
Omaha Div 1st g 3s
1951
St Louis DiV(fcterm g 3s. 1951

’05

Mar’98
110*,

95 *s Sale

Illinois
Central 1st g4s.. 1951
Registered
1951

94

105
11»)
85

Q-J

J-J

1999

Registered

72 V
91

90V

103

A-0

Co! <fc H V latest g 4s..1948 A-O
Col & Tol 1st ex 4s
1955 F-A
Houst E & W Tex
See So Pac
Houst & Tex Ceu See So Pac Co

1st gold 3*28

Jan'07

72%

85

consol g4Va.l999 J-J

Registered

•

....

110*4 Sale

J-D
J-J

ousa

-

1

114
106 *4 Feb’06

....

101*2

sm:«

January

Deo ’i >6
106 V
A pr ’05

100% 100%

Han <fetonic
CB&Q
St JoSeeSeeNYNH&H
Hock Val 1st

99 V

Hiqh

Ask Jauo
117

---

108

St P
See Ch M
•
lint <fe Pere M
Se? Pore Mar
Fla C <fc Pentn See Sea Air Line
J-J
Fort St U I) Co 1st p 4 Vs.1941

Nov’bi

116 V Jan

112

99%

Last sale

■5*^

L'argo ife So

Ft W <fc Den C lat

Aug’06

Fe i 8

1143s

J-J
A-0
A-0
A-0

1st general cold 5s
1942
Mt Vernon lat gold 6a.. 1923
bull Co Branch lat g os.1930

22

131V Jan’07

94 V
69
113

131

Week's

Range or

Kid

Erie «fc Pitts
See Penn Co
Evans <fc T H lat cods 6a.1921

119 V 119 V

99% Jau ’o7
98
Jan’07
98*4
98^4 9834
9834
97
Jan’O,
99*4 Feb’05
98
Sep ’06
97
105
Jan’04
105*4
99 V Dec’06
99
99 Si Jan ’07
9978
113*4 J’ne’06
109*4
118 V Jitn ’07
113V
132

Hiqh

Low

*

M-S

consol gold 6s. 1934

So

hange

Frxce

jYI/lav

3.2

N. Y. STOCK EXCHANGE
Wkkk Ending Feb 8

January i

no 129%

Dec’o3
Oct ’06
Mar’04
Jan’07
Not’06
99 V
Jan ’07

133V
129V
119 V
99*4
99 V

130 V
128

Consol 50-year 4s
1952
Chicdfc W Alien see Pere Marq
Choc O & G ulf See CRI&P
J-J
Oin H «fc D 2d gold 4Va... 1937 M-N
Cin D <fc I 1st gu g 6a...1941
M-N
C Find<fe FtW 1st gu 4s g.’23
J-J
Cin 1 & W 1st gu g 4s.1953

Registered

93

92

J-J

4a...1947

Feb’o7

Vil3i

131

J
J-D
M-N
J-J

RONDS

Range
Since

II

High

Ask Ja>w

Uui

Cliic St L <& Pitta See Penn Co
Chic 8t P M & O con
Cons 6s reduced to 3 Vs.1930
Cli St P ifc Minn 1st g 6a 1918
Nor Wisconsin 1st 6s...1930
St P <fc S City 1st g 6s...1919
Chicago Ter Trans g
Coupon off
Ohic& West In<t gen g6s91932

General

WeetFs
Range or
Last Sale

Frice

iiON 1»

Electric Ught

Lac Gas Lof St L 1st g 5s.«1919 Q-F
Ref and ext lat g 5s
1934 A-O
Milwaukee Gas L lat 4a.. 1927 M-N

NYC4ELH«fePg 5s...1948

Purchase money g 4a...1949
Ed El Ill lat conv g 5a..1910
1995
lat consol gold 5a

5sl930

N Y<feQKl L&P lat con g
N Y <fc Rich Gas lat g 5a.
Pat <fc Paa G «fc E con g 6a.
Peo Gas <fc C 1st con g 6s.

1921
1949

1943

Refunding gold 5s
1947
ChG-Ltfe Cke lstgu g5b 1937
Con G Coof Ch lstgug5s.’36
Mu Fuel Gas lstgu gos. 1947
Syracuse Lighting lat g 5a.’51
Trenton G cfc El 1st g 5s..1949
Westchester Light’g g Gs.1950

BDueFeb tiDneApr cDueMay

J-D
F-A
M-S
J-J
F-A
M-N
M-S
A-O
M-S
J-J

J-D
M-N

102V

*”o‘l“78

102 V

103*8 Salt
82*a 83

98

99
102

119V
Sale
102
103*2
102
105

J-D
M-S

J-D

103 V

103

102 V
102V
102*2 Jan ’07
I 91 *2 Jan ’07

103
103
82 V
83
101
Deo'06

102 V 106 V
102 V102V

91V

91V

G 102 V103 V
24 82 V 64 V

113*4 J’ne’06
98*4 Dec'06
Nov*06
103
104 V Nov’05
119 V Jan ’07
102
102
106
Oct ’06
102
Jan’07
103 V Dec’06
110
May’O*
101 V Fob’07

ADueJ’ly kDueAug 0 Due Oot

119
102

110V
102

102

102

101V102

{DtmDm jOpttuu

328

New York Bond
BOND-

Jrtce

N. Y. STOCK EXCHANGE
Wkkk F,nimn(i Feb 8

:

Louisv <fc Nashv—(Lonunucdi
L Cin & Lex gold 4 48-.-1931

Jiiu
108 4

3
5

Registered

Metropolitan El
M

ox

Cent consol

Ao

Big/

N. Y. STOCK EXCHANGE
Wkkk Ending Feb 8

IjOw

.

.

.

-

-

-

High

i

....

.

(120
.

J’lyVC
4 Jan-’0(
5*7Bb Jail ’u7

984

97

303 4

5

120

1

..

110

1094

.

104 4

.

.

|

•

-

.

j 974 97%

.

J’ly’01
914
91*4

97

1004101

io2

-

7

114
Dec'0*
112
Jan’t/7 j .
115 4 Mar’05
107
Dec’05

1
J

-

108
9 111

102

85 4 Sale
24 4 25
19
Sale

85
-24

91

92

100

1

Apr’05

994 100%

....

102

6

100410'i

Equip As coil gold 5s

1919

Feb

Registered

1931*0

Registered

1940! J

Ply

184
......

......

......

131

137

118

Minu A St L gu bee B C BA N
M St PA SSil con g4 lilt gu ’38 J-J
M S S M A A 1st g 4 int gu 1928 J -J
Minn Un bee St P 51 A51
Mo Kan A Tex 1st g 4s... 1990
2d gold 4s
yj.990
1st ext gold 5s
1944
1st A refund 4a
2004
Gen s 1 4 4s
1938 J -J
St L Div 1st ref g 4s
2001
Dal A VV'a 1st gu g 5a...1940
Kan C A Pac 1st g 4s... 1990
Mo K A E 1st gu g 6s... 1942
M K A Ok 1st gu 6b
1942
M K ATotTlstgu.g6s.1942 MSlier Sh A So 1st gu g 5«.1943
Tex A Oklalstgug5s...l943
Mo Pacific 1st con g 8s ...1920
Trust gold 5s stamped.al91
M-S

al917 M-S
1920 F-A
1945 M-S

........

27*4
21

....

....

9k4
92

100

98

101
103

Sale

84 4
103 4

......

86

1044 1054
95

103 4

103*4

87
104 4
95 4

....

....

884
87

1044

1
95 4
1
11041114
3 1064 1074
100
1064

1114

....

ibd

Jan '07

119*4
119*4
1044
1044
107 4 Fob’06
1034
1034
89 4
89 4

1034 Sale

94

37
97% 98%
8
84*4 8S
7 103
lu4
85 4 86
lb
884

1064 1074 106*4
107 4
1034
106
Jan’(*v
103
1084 Apr ’06

1044 Sale

93

Oct ’06

98 4
85

107

ilb "

1 05*

Nov’01

98
844

3104111*4 1114

iisK i*2o

i:
....

...

.

5“ 103 4105
6
89 4 894

iz2047

102%

1024

104

F-A
M-N
J-J

113 4

m...

1004

....

....

......

...

.

iof*4

......

T ,

r

_

-

,

....

......

...

.

102
102 4
93 4 94 4
94
94
07 4 99 4

J’ne’Otj

1004 Jan ’07

10.04 1004

" 9 4 "4

94 4

’ly *ot113 4

1134 114

103% Aug’bG

lU3 4 103

101%

1 u.:

II!

924 103 4

1U076 Oc t ’06

113

124

Feb’Oe
....

101

Sale

100*4

1014

14

101 4 J’ne’Oo

104
129 4

129%
127 4
127
98

9941014

-

*

Sep’06

Jaii

07

129

41294

98

99%

5

89 4

914

lu

004

994

....

130*4 Feb’06
127 4 Oct ’U6
98*4 98
9-Y “0
.

•

100
Feb’UO
97 4 Dec'06
89 4
89 4
109 4 Feb’05
904
09 k

..

89 4 Sale
1U5
99 4100

101% Sale
......

...

101%

......

100 4

72% Sale

72*4

y-F

71

_

109 101% 1024
102
IO04 10 1004102
73
95
72% 74 4

7'

1

95% Jan ’07

ibi 4

40-vear cold loan 4s
89
8d 7s extd at 4%
121
1938 51-N
9941004
123s. Nov’()6
£..
Cent Br By 1st gn g 4s.1919 r-A
118
924 95
132
J ’ly ’99
98*4 Jan ’07
944
96*4
109 4
Leroy A C V A L 1st g 5s 1928 j-j
113
Mar'Uh
110
Mar’05
Pac it ot Mo 1st ox g 43.1938 F-A
1084110
108 4 Nov’06
99*4
101*4 Jan ’07
101*4
2d extended gold 5a...1938 J-J
94
116
LIT
98 4 Oct ’00
117
Feb’07
117
1174
St L Ir M A Sgeu cou g 5sl93l A-0 1134114
91
93
3
1134 113 4
May’OO
U3%ii4
Gen con stamp gtdg 6a 1931 A-0
113
4
117
118
Nov’06
Nor'06
1 if or By Cal
bee So Pac
Unified A ret gold 4s..1929 J-J
87
87
874
7
.874
88
884 7J or Vvia bee C St P M A O
ltlV A G DlV 1st g 4s..1933 M-N
914 Sale
914
6
914
014 924 i'for A Mont bee N Y Cent
Verdi V I A W 1st g 5s.1928 M-S
107 4 Apr’OG
Moh A it inn prior lieu g5a 1945 J-J
107
116*8 Apr’OG
tuo River RR 1st
g 5s. 1938 J-D
1945 J-J
1134
Mortgage gold 4s
00
110
96 .oct '06
May’OO
General gold 6s
MobJ A lv C lfet cons gf>s. 1953 J-J
1937 A-0
00
98
Doc *06
1114 ll34Nov’UG
c
>re
A
Oai
bee So Pac Co
Mob A Ohio new gold 8s..1927 J -D 1234
123
Jan *07
1214123
C)re RR A Nav bee Un Pac
1st extension gold 8s../il927
122
q-J
Deo’05
ire Short Line
General gold 4s
bee Un Pao
1938 MS
03
934 J^n *07
93 4 04
Claw ego A Rome bee N Y C
Montgom Div 1st g 5s..1947 F-A 107
114 4 J’ly'06
C) O PA St P bee C A N W
St LA Cairo coll g 4s..«1930
...
92 4 Aug’OG.
Ciz’rk A Cher C 1st gu6s
Guaranteed g 4b
1981
98
g.1913 A-O
100
99
101
Deo’06
Nov’04
Uao Coast Co 1st g 5s
M A O coil 4s bee Souihern
1948 J-D 1064109
109
Jan ’07
1
ao
of
M
issouri
bee Mo Pac
Mohawk A Mai AeeN V CA 11.
1 ‘anaina 1st s fund
Mouongaheia lUv bee B A O
g44s..l917 A-O
103
J’ly’OG
E »enn Co—Guar
Mont Cent bee St P M A M
1stg44s. 1921 J-J 106
106% Jail ’07.
Registered
Morgan's La A T bee S P Co
1921 J-J
105*4
106
Dec ’('6
Guar 34s coll trust reg.1937 M-S
Morris A Essex bee Do i LA W
90 4 J’no’06
Guar 3 4s coll tr'ser B...1941 F-A
J-J
116
9(1
Oct
’08,
1164 Jan ’07
Tr Co cerlif’s gu g 348.1918 M-N
11041164
1st consol gold 6s
J.928 A-0
95
04*4
113^114
Jan’07;
1134 Jan ’07
1134 116
Gu 3 4s tr ctfs C
1912 .1 -D
Jasper Branch 1st g 8a..1923 J-J 115^
89
Oct
’06
1194 Feb'OB
G -< 3 4s tr ctiB D
MeM M W A AI 1st 83.. 1917 J-J
1944 J D
1104
117 4 Mar'06
904 Mar’Oit
Guar 15-25 y ar g 4s
T A P Branch 1st 8s. ...1917 J-J
1931 A-0
113
974 Jan ’07
J’iy’04
C St L A P 1st con g 5s.1932 A-O
Nash I lor A Shot bee L A N
116*4
115
Jan ’07
Cl A P gon gu g 4 4s ser A. '42 J-J
Nat of Mex prior lien 44a. 1928 J-J
1074
1084 Aug’03
1024 Jan ’07
1024 1024
Series B
1st oonsol 4a
1942
A-O
1951, A-O
1064
864 87
87
87
8
Series C 3 4s
844 874
New HAD bee N Y N il A 11
194s; M-N
08 k 984 Dec’05
Series D 3 4s
N J June BR bee N Y Cent
1950 F-A
96
Jan'04
Erie A Pitts gug34s B.1910 J-J
New A Cin Bilge See, Penn Co
02*4
964 Jan ’Oo
Series C
N O A N E prior lien g 8s pl91.5 A-0
1940 J-J
98*4 A pi '04
N A C Bdge gen gu g 4 4s 1915 J-J
N Y Bkln A Alan Boh bee L I
P C C A St L gu 4 4s A... 1940 A-O
N Y Cent A H Bivg84a.l997 J-J
******
93^ Sale
Oct*’i>6
034
93%- 121 934 93*4
Senes B guar
1942 A-O 1004
Registered
1997 J-J
5*3 4
109 4 Feb’07
U2 4 Jan ’07
92 4 92 4
Senes C guar
Deben g 4s
M-N
1942
1934 M-N
ll2
4J’ne'u5
984 Sale
4
984
98 4
98 4 99
Series D 4s guar
Lake Shore coll g 34s...1998 F-A
1945 M-N
86
98
Sale
Jau’07
84%
85 4 13 84*4 884
Senes E 34 guar g....l949 F-A
.Registered
90
1998 F-A
84
90 4 Dec’06
bale
84
b4
1
84
87
Soriea F 4s guar
Mich Cent coll g34a....1998 F-A
1963
J-D
luo
86
85
86
3
85
874
Pitts Ft W A C 1st 7s...1912 J-J
Registered
1998 F-A
127% Oct ’02
84*4 Jan ’07
2d 7 8
84*4 844
Beech Creek 1st gu g4s.1938 J-J
1912 J-J
119
1014
J’ne’06
102
Jan’07
102
102
3d 7s
h 1912 A-O
Registered
1938 J-J
119
102
Mar*04
Apr’04
’onn RR 1st real eat g4s.1923 M-N
2d gu gold 5s
1938 J-J 104
105
104
Dec’UO
Consol gold 5s
Beech Cr Extlstg 3 4s 61951 A-O
1919 M-S
111 4Sep ’04
Consol gold 4s
Cart A Ad let gu g 4s...1981 J -D
1943 M-N
106
Au2’(W
Convertible g 3 4s
Clear! Bit Coal 1st si 4s. 1940 J-J
1915 J-D
83
93 4 Sale
02%
*96 Apr’02
93 4 72 i
Convertible g 34s..
Gouv A Oswe lstgug5s 1942 J-D
1912 M-N
9614 Sale
95*4
96 k 241
Alleg Val gen gu g 4s...1942 M-S
Moll A Mai 1st gu g 4s..1991 M-S iof *
104"*
1024
ibi*’
1044
Oct
’o5'
DeiT’oe
Cl A Mar 1st gu g 44s..1935 M-N
N J Juuo K gu 1st 4s...1988 F-A
110
Jan’05
105
Oct ’02
D R R R A Bge 1st gu 4s g.’3G F-A
N Y A Pu 1st eon gu g4s 1993 A-O 100
07
.....J 1014 Deo*OG] ...A
Gr R A I ex 1st gu g 4 4s 1941; J-J
103
108
Sep’06
-

a

108 4 Nov’on
94 4 1 lei: ’Oij
94 4 94 4 Jan'0

103

Jlly/t

lii.i * 105'"

113% Jan ’ok

A-O
A-O

St Paul-Dul Div g 4s
1998 j -n
Dul Short
UUIl
li
1>
lstgu
5s.. 11918
IftLgU UB..
UlL M-S
C H A c> coll tr 4s
bee Gt Nor
St P A5 N P gen g 8s....1923 F-A
istered certllie's..1923 O-F
liegistere
St Paul A Dul 1st 6s....1931
F-A
2d 5s
1917 A-O
1st consol gold 4s
1988 J-D
Wash Cent 1st g4s
1948 O-M
: Jor Pac Ter Co 1st g 8a..1933 J-J

Low

71

71

96%

96%

|JInd A W bee CCCAStL

......

—

....

.

ts

•

...

....

J

lud

....

ibe

i054107

.

......

.

......

....

Nash Chat A St L 1st 7s.1913

......

......

...

-

...

-f-

.

05

-

......

06

97 4 974
116
115

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

......

.

_

.....

'ibb*4

i*lH4

1*09 4 1*00 4

....

......

.

„

.

T

■

\ia

08

'

-•

.....

......

...

....

......

......

—

:mrroT<

m

m

m

m •

r

92% 95
95*4 100 V

-•»

......

Jll SC ELI 4-NEOUS

Coni and Iron
Col F A 1 Co gen s f g 6s.. 1943
Convertible deb g 5s
1911
Col C As 1 Dev gu 5s g..l909
Col Fuel Co gen gold Gs.1919

F-A
F-A
J-J
M-N
Gr ltiv Coal A C istg8sl919 A-0
ColIndulstA coll 6s gu^l934 F-A
Contiu’taiC lstsf gu5sg.l952 F-A
J ell A Clear C A 11st
g 6s.l9tG J -D
^28 gold 63
1928 J-D

KaD&HC

A

J-J
J-J
J-J
A-O
J -J
J -D

Cah C M Co 1st gu
g 68.1922
De Bar C A I Go gu
g 8a.1910 F-A
T»Iron Coal AColat g
6a.l949lM-6

*Noprloe Friday; latest bid

Pale

06
83

96

ri5”06

Telegrapli

j.

9941004

1074Oot ’04
70

Cistsfg58.1951 J-J

Pleas Val Coal 1st g s f 63.1928
SundayCreeaCo g 6a
1944
,Tenu Coal gen os
1951
Tenn Div 1st g 8s
01917
Birui Div lstconsol 6a..1917




98

BONDS—Continued

Solo

106

"73~ **78"‘

102% Apr’OG
694
704 255
107% Dec *04
107
May’9 7
10B4Oot’03
106

97
96

100
96

044

944

106 4

Jan’Ot,

106
102
102

and asked. «Due Jan

96

—

78
3

944 95
10641064

3

105

**

306
Deo’03

784

106

Dec’06

95**

6 Due Feb

8
e

*95

Due Mar

*08

......

nml Telephone

Am Telep A Tel coll tr 4s 1929
Comm Cable Co 1st g 4a..2397
Met T A T 1st s f g 5s
1918
Ml ch. State Telep. 1st 6s. 192-4
N Y A N J 141 gen g 5s.. 1920
West Union col tr cur 58.1938
Fd and real est g 4 4s...I960
Mat Un Tel s fund 8s...1911
Northw Tel guf 44s g.,1934
Am Cot Oil ext 44a
1915;
Am Hide A L 1st s t g 8s..1919
Amer Ice Secur deb g 6s..1925
Am Spirits Mtg 1st
g 8s..1915
Am Thread 1st col tr 4s...1919
Am Tobacco 40-yr g 8s.... 1944
4a.
1951

dDueApv A Due

......

Next Page

J-J
0-J

J 'ly lc Due Aug

o

90

93

J-J

97

Q-F

914
89 4

F-A

1004

105 4 J’iy’03
102 4 1024
1024
1004 Sale
97
3 004
108 4 Mar’08
103
J’ly’04

102

M-S
A-O
M-S
J-J
A-O

Jan ’07

90

90

08

98

1094May’05

F-AJ
M-N
J-J
M-N
M-N

90

984 J'ue’OG

M-N

.Uanulacturing dc industrial

Oct ’(M)

784Jan’07

944 Pale

ioe" ‘"**

....

1054 Dec *06

*694 *764

oil

884 Sale
102

......

90*8
llu5!* Sale
76 4 Sale

DaeOot

I

Dec’ll 6'

1119

112
113

19371A

Registered

Id;

lol 4 J

Registered
..1997
General lien gold3s....a2047 Q-J
<^-F

107

1 119
119*4
1 104 4106

Jbig/i

103

Ao

1184 J’Jy’08

92

A-O
A-0

since

125 4 Marin
139
Jun’U3

*4

ib*b%

NT Y A Greenw Lake
bee Erie
N Y A Har bee N Y C A
Hud
N Y Luck A W
bee I) LA W
N> Y L 1L A \Y
bee Erie
N Y A Long Br bee
Cent of N J
New York New ilav A Hart—
Housatonic B con g 5s.. 1937 M-N
N Ii A Derby con
cy 5s.1918 M-N
s; Y A North bee N V C As H
S' Y O A W rel 1st
g 4s..#1992 M-S
Regis 85,000 only
//1992 M-S
S' Y A Put bee N V
C A ii
S Y A B B .bee
Jamg Island
S Y S A W
bee Erie
S
Tox A ill
bee So Pac Co
M-N
1
M-N
J niprovem’t A ext g
8s..1934 F-A
New River 1st g 8s
1932 A-O
N A W Ry 1st cou
g 4s. 1998 A-O
Registered
1998 A-O
Div’l 1st 1 A gen g4s... 1944 J - J
Pocah C A C )oilit 4s.. 1941 J -D
OCA T 1st gu g 5s
1922 J -J
Sclo VANE 1st
gu g 4s 1989 M-N
I\Torth Illinois bee Chi A N W
1S’orth Ohio bee L Erie A W
ISor Pac—Prior lieu g 4s.. 191.
J

H8"il84

-

....

86
Jan ’07
87
87 4
87
Jan’07
104 4 Jan ’07
95 4
95 4

874
92

...

Sale

125
i• *Ii 4
103 4
1 15 X

J
LASlstg34a
1951 |M
1st g 3 4s
19521 M
Bat C A Star
lstgu g 3s. 1989 J
N 1' A Har lem
g 3 4s...2000: VI

Registered

J’ne’()5

LI8
Jan’07
i) 3 4 Mar’05
llu '
l 10
93 4 1*3
Jan’o7
98
97
Apr’OG

310 4

♦

10

80

97•«
1 29

Langs

Januar-ii

93 4
94
94
Jan’<'7
97 Y
9/4

l i 4

1940; J

N Y A North l'st
g
R W A O cou
Istext5s./tl922
Oswe A R 2d gu
g 5s...rl915
R W A O T U 1st
gu g 58.1918
UMca A Blk Riv gu
g4s. 1922
N Y Chic A St L
1st g 48.1937

1114 Get ’05

-

lstconaol gold 5s
1934
1st and refund gold 4s..19 I'd
lies M A Ft U 1st gu 4s...’35 J-J

5

100 4 Dec’06
90sb J 'ly’01
106
May’00

mm *904

84
23
17 4

94

105
103
Sail)

112 4

1934 J
McKees A B V 1st 8 a 191s! J
Mich Cent 1st consoles. 1909cM
5s
1931 M

l!

or

Last Sale

Ask Low

102

CIXXIV

Week's

Range

8

bid

.

5s"!l927

35

85 4
24
19

l*rxce

lYidav

Lake Shore gold
34s....1997! J
Registered
1997 J
Debenture ic 4s
1928 M
Ka A A G R 1st gu c 5s. 1938 J
Mahon O’i UK 1st 5s..1934 J
Pitts McK A Y lst gu 83.1932 J

4s

May’06

100
104

Solo

|

. - • 112** 112"

[VOL.

3

«0.S

X Y Cent A H
1WContinued/.
Nor A Mont, lstgu g
58.1910! A
West Shore 1st 4s gu...2361 J
Registered
2381 i J

2d guar 8a

bee Man By

gold 4s..1911

Colt tr g 44-s 1st Her
190"
Mex Internal 1st con g 4s.1977
Mex North 1st gold 8s
191o
Mich Cent bee N V Cent
Mnl ot N J
bee Erie
Mil L & & \V
bee Ciiic & N NV
Mll A- North
bee Ch M A St iJ
Minn As st L 1st gold 7a.. 1927
Iowa Ex 1st gold 7s
1909
Pacific Ex 1st gold 8s...1921
South West Ex 1st g 7s. 1910

1st ooll gold 6s

BONDS

Since

January 1

1 OS

1990
8s....1908
N V Cent

1st consol income g 3s.al9.39
2d consol income g 3s..al93

Registered

Range

118

Mahon
Coal Bybee
L S <t M S
anhattan
consol 4s. 1990
Metropol El 1st g
McK’pt As B V bee

Low
1(*5>
127

C

y

Mar’Of
Dec’0t
I22i4 Mar’Oi
107 4 Aug’m
120
Jan'01
72 h
71 4 Sep 'Ot

120*8

3

si

-

e*

or
sate

Last

A

•a

Range

Feb 8

V

N O <fe M 1st gold 6s_...1930
NO&.M 2d gold 6a
193(
Pensacola Div pro LI Ob
1 02i
St L Div 1st gold 6b
1921
2d gold 3s
1980
Atl Knox As Nor 1st <r5sl946
Hender Bilge 1st a tgGs. 1931
Kentucky Cent gold 4s..1987
L& S As M As M 1 st g 4 4s 194 5
Life X-South M joint 4s.19f>2
N Fla <U S 1st gu g 5s... 1937
Pens As All 1st gu g 8s..1921
S <fc N Ala con gu g 5a.. 19315
SinK fund gold 8s
1910
L& Jell BdgoCogu g 4s..1945
L N A & Ch bee C I As L

Week's

LYidcnj

-

KeCOrd—Continued—Page

10,2 4103
97

1004

91
91
16 91
924
894 Jan’07
80
804
88 4
884 10 88
89
101*4 Jan ’07
101*4 102
904 Jan ’07
90
90*4
109
110*4 271 1084H04
754
764 68 764 T94

Due Nov g Due Deo « Option Solo

BONUS
N. Y.

STOCK EXCHANGE

Week

ekdinu Feb B

Price

Wee IS s

fYidav
Feb 8

Range or
Last Sale

"

Peon

Bid.

UK—(ContinuedJ

M-N

98 4

aq j:

High So
107 4 Oct '06

Low

Ia>w

asa

BON L)>

Range
Since
Januari/ 1

5 -0

Peo <fc East see C
Peo A Pek Un 1st
2a gold 44s.

C C <fc St L

PereMarq—Clide W M 5s 1921 *
*

pt Huron

1

Div 1st g 5s.1939

SagTusde li 1st gag 4s. 1

Phil B A W

123 4 Jan ’05

1124

1923 Q- F
t»102 ] Sf-N

g 6s

......

......

J -D
A-O
M-X
A-n
F-A

100*4 Dec’0 >

118

116

105
106 4 bep

...

103-4

T

...

.

....

....

......

’06
-

-

-

......

Mar’OO

115 4

J-D
J -D

115

115

....

1st guar a Os
So Pacitic of Cal—
1st y 6sseries EA
1st gold Gs
1st cou guar g 5s

......

......

-

......

See Penn R K

■

Apr’02
Jan *07
Nov’o6

109
115

....

Guaranteeit gold 5s
1938
Ore A Cal 1st guar g os.1927
S A A A Pass 1st gu g4s. 1943
So P ot Ar uu 1st g 6s...cl909

......

......

......

......

......

S Pac ot N .M ex

....

B tv3 O
Penn (.

J

J

*

J

109
98

J

-

-

-

11*11'

96 ‘6 Salo

.

11*4*

1st gold *ls

Bio gr bo

ll'4l
Guaranteed
Boch A Pitts see 14 K A 1J
Boine Wat A Og Sec N Y Cent

......

jlj

......

J-J

Sag
tJoAGr
Tus A li1 si Sec
1st g
Pero
4s...l94’i
Marq

......

J

li '

Is...1041

But-Canad 1st gu g

......

......

......

......

93 4

J-J
J

“

U

Mnr’O.i
Dec’05
Jan ’05

109
76
89

1064 Oct '05
98 4 J’ne’06
101 *4 Nov’01

1

.|

_

1

1

-

t

100°8
I
T__.

1024 Aug’05

82

Sale

n

.

118 *8

8lv
KC A M Pi A fcl 1st gu 5s. 192'.
StL 51 A bo East gu 4 4gl90i
Bt Louis bo See Illinois Cent

964

96

....

Gray’s Pt Ter 1st gu gas 1947
St Paul AD ui becNorPt
Bt Paul -\1 A Man 2d 6s
1st eonsoi gold Gs
1933 1 I
J-J
Registered
1
J-J
Reduced to gold 44a..3
J-J
Registered
]
-

gold 4s

......

.

..

-

T^T,_

10

...

19.47

J “J J

1997

J-D
a .n

1922

19.47

j - j
J-J

1st guar gold 5s
1937 j-j
J-D
W ill A S F 1st gold 5s..l
St P A Nor Pao see Nor i
-M-S

S A & A P See bo Pac Co
B P d-. N P 1st sink 1 g 5s. 1919 J-J
Sav F A West
See Atl Coast 1.
Scioto Vaiifc N L See Nor A W
A .<)

M-K
M-B
J

•

J

J-J
J -J
J-J
J-J
J-J
Slier bhr A bo See 51 K A T
Sil bp Oca A G Sec Atl Coast I.
Sod Lay A bo 1st g 5s
1924 J - J
So Car A Ga Sec boulhe.rn
So Pac Co—RR 1st ref 4s. 1955 J-J
J -1)
"Gold 4s (Cent Pac coil).u
J -D
Registered
k
A A N W 1st gu g 5s....1941 J - J
F-A
Cent Pac 1st rel gu g 4s ~
F-A
Registered
Mort guar gold 3 4s../cl929 J -D
A-O

- J
J
J-J
.1
J

.1

1948

C 6s

M-N

M-S

1916

a

•ii

82 4

81 4

V*>

1

1936

.

82*4

131*4

.r

...

1 in

.

107 4

93 4
82

35

General gold 5s
2 935
Kan A M 1st gu g 4s.... 1990
W
1st
Tol 1‘ A
gold 4s.... 1917
Tol bt L A W or b**', g 3 4s. 1925

95
82

76*4

79

Jan’07

ID'S Id instp

Jan ’07
J>ec ’06

131

131

ibs

iosv

11)6 <e

....

1

(hi7.

T f)P,7„

iuu*>4
130

124
132 4 133

Gadut guar...191*.
gtuir.,1921

116
Aug’06
115 4 Dec’06

113

1154

1074 Dec’OO

1064

Oct’05

110

*S04
100*4 Sale

100
88

103*4
102*4

’

1004

Jaa’07
964 Mar’OG
107 4 Aug’oG

b7 4
92 4
......

6
17

80*4

SO***

•

-

•

BOV

82*4

88

89

•

JJ

108

107 4

Jan’97

110
108

Jun’05

102

Jan’03

1074 108

05

94
95 V
89
89*4
90
Dec’OO
109 4 Feb*06

Sale

30*4 Sale
102 4

9S4 Sale

98*4

85*4

99
86

T

-r,.-r

a

11054 Salb
111*4
944

r-r_

15^
47

l U)

w

J1

JL‘ At

WhbliOAW

osvioov
99

Dec'06
Jan ’07
109 " Nov’06
106 4 J’ly ’06
107 4 Fob ’05

85*4

86

105 4

ib"5 4

96

i05 4

lot fey

Aug’OG

1094

libv

111
112
92 4 94V

..

Dec’OO

7

*04

95
112

94

J-D

1184

M ar
.1 J
F-A
J-J
A-O
•

J-D
A-O
J-J
J-J
A-O
J-D
J-D
A-O

96
107 4
......

......

......

......

102 4
87
87
82

7

92

94

1154 116
93 4 944
......

....

J-J
M-N

F-A

96
88 4
89 4
Sale
95

7

......

il2*v

113'a

116
113
68

114
69 4

6

......

....

io6

....

......

98 4

.1

.

.

......

....

......

113 V bale
94 4 bale

....

....

......

..

108

117

....

93 4

......

....

......

10241024

....

97
87 4
87
81

....

1
.

..

.

2

Aug’06

110

J’ne’OG

102 V
98

bep’06

101V102
100

......

88

41014

«d4

97V

126
112*4 H3V
93 4 94*4
123

...

.

3

no

114
102*4
Nov’06

31

76
75
70 4
714
101
Dec '00
93
Mai ’Ot

40
t3

1134
102 4
95

......

82

Fob’00

no

Sale

97
89
87 4

....

105

75

1084
117
94

....

....

714 bale

......

<3 1164 118

82

lo64

109
112
113 4 bale
1024 Sale

......

....

Doc’06
Dec’OO
bop '06
101*4 94
1014
100 4 Jau ’07
99 4 Jan’07
123 4 Jan *07
7
113 V
113 V
944 L02
93V
9-14 Oct ’(Hi

95
112
93

98

96 4

94*4

109 4 109 4

Nov’04

102 4

90

......

....

....

122

106 4

....

.

J’ly’00

81V

117 4

117V U7V
11 8
118*4
1114 11*2 4

....

Jan’07
97
87 4
87 -v
87
Jan’uT

J-J

Fi/’ii

....

....

118
Jan’07
92
Nov’06
Mar’OG
111)
100 4 Nov’04
115
Dec’uo
111
May’<)4
102 4Jau l»7

1014 bale

F-A
J-J

1949

112 4 113V

109 4 Jan’07

109 4

F-A

J-J
J -D
J-D
J-J
J -J

5s...1930

-...@^
......

.

Jan ’07
108
117
Jan’07
93 4 Jan ’0,
111
Dec’06

1084
108

See Southern

......

Jan’07

117
100

......

90

J-J

West Maryland 1st g 4s...1952
Gou A conv g 4s
1952
West X Y A Pa 1st g 5s.. 1937
Gen gold 3-4s
1943
Income 5s...
<71943
see South Ry
West No Car
W Va Cent A P 1st g 6s..1911
Wheel’g A L E 1st g 5s...l920
Exten A Imp gold
RR 1st oonsol 4s

110-\
’07
947b Jan ’o?

......

A-O

Wheel Div 1st gold os..1928

1104
110

91V
89*4

04
88 4

99

1114 Jan

93 4

110

110
1114
113
114
102 41054

i

76 4
75

75

704
.....

......

....

i aa

97
Nov’04
85 4 May’06
Lec’06
97*4 93
i<*2
Jan ’07
79
79
79
117
29 V
HO
l£9*4 fcalo
80

......

....

.......

.....

Wab Pitts Term 1st g 4s. 1954
2d gold 4s
1954 J-D
Warren See Dei Iac A West
Wash Cent
See Nor Pac

'

Jan ’07
Jan ’07

104

j

A -O
J -D

45

‘JS4

U

•

•

OvJ

1084 Dec ’Do
Dec'05
113
111 4 Dec’06
103 4 May’00
93*- 96 *8 J a n ’0 i

Ill

Des Moin Div 1st g 4s..1939 J-J
Oin Div 1st go4s
1941 A-O
Tol A Oil Div 1st g 4s... 1941 M-S

1074107^

Aug’06

-

•

•

Nov’UG

68

108*8
109*8

beries B
7.-.1939 J-J
Certificates of deposit.
1st ilou e<;uip b fdg 6s..1921 M-S
1st Lion 50 yrg term 4s.1954 J -J

"

•••*••

J-J
A-O

A-O
M-N

....

1364 May’OO

M-N
M-N
M-N

g5s.... 1931 M-N

51ay’U5
Oct'06

117 4121

103 V

....

116 4 May’05
Jau’O;
113
117 4
117 4
114
114

F-A

os...7

......

93

110
112 4
117 4
114
68

A -O

Guarreluiid 4s

Dec'06

100 4

....

....

93 4
93 *•
Jan 14
11G
93 4 Jan ’o <
Jau ’00
113
96
J‘uc’00
92
J’ne’06

1154 116
92 4
114
:....
93 4
90 4

j-j
J-D

1946
1929
lie gis ter ed
1929
Utah A Nor 1st 7b
1908
Gold 6s
1926
Uni N J RR A C Co See Pa RR
Utah Central see Rio Gr Wes
Utah A North Sec Un Pacllic
Utica A Black R See N Y Cent
\/ andalia consol g 4s
1955
V era Cruz APlstgu4 4sl934
Ver'Val lnd A W See Mo l’
Virginni M id See South Kv
Va A boutlnv’t 1st gu 6s.2003
11/ abash 1st gold os
1939
W
2d gold os
1939
1939
Debeutiin' series A
Certllioates oi d.ejioait....
1st consol g

100

....

113 V

112*4
114

F-A

Ry A Nav cou g 4s. 1946
Oro Short Line 1stg Gs.. 1922

Deo '00
1004 Oct '0-1

101

108'

1114 Jan Vg
lot
bep ’u6

112*4 bale

Tor Ham A Bull lstg 4s./t,1940
I TlstorADol lstmnghs 192s
1st refuuil g 4s
1952
Un Pac RR A 1 gT g 4s ...1947 J-J
-J
Registered
1947 JJ-D
Ore

....

Jan *u7

1950

60-year gold 4s

...

.

134
LOS *4 Jan *07
116 4 Apr’01

iusv
......

6
...

111
Aug’GO
1111 4 Dec-04
Jan'06
119
108 V J’ly ’05
104
Jan’oT

111V

M-N
M-N

..1931
1 jti Div H L 1st is os
W Min W A N W 1st gu os ’30
Tol A O C 1st g os
1935
Western Div 1st g 5s...1935

119

8i V

23

......

105 V 106 L 1054

n

1936

stamped

104 4

118
117V Jan ’07
J-J
J-J *118 411SV LliS*4
112 4
112*8 bail- 112*8
J-J
A-(*
109 4
112*4 dan ’O’
98 ' Feb’’U5
87
M-N
H>6
Jan'07
105*4
M-N
Oct'06
112
1 12V
M-b

General

os

1034

O

-

j-j
j-j

1st Con gold 5s. .1.1894-1944
Gen refund s t g 4a
1953
bt L M Bge Tor gu g 5s. 1930
Tex A N O
See bo Pao Co
Tex A Pac 1st gold 5s
2000

109*8 110
93
93

....

774

76*4

-

.

1

123 41234

....

93 4
94 4
82
Jan’o7

93 4 Sale
b3
84
77
Sale
101

96
102 V 105 4
lu9 4
*104
108
105
102 4

F-A

Gen gold 4s int

1918

1921 M-S
1926 M-S

Guar

_

J-J
I’m Cen a Pen 1st

Cousol g

103 4

4’-2

1

West N C 1st cou g 6s..1914 j
S A N Ala See LAN

81*4
82
98
No v*06
110
Jan’O/
82
82*&

r. .i

Registered

Mex A Pac 1st

J-J

bones L> 4-5s
beries E os

924

91

A-O

Mum Union 1st g Gs....
Mout C 1st gu g Gs

120

l’stg 4s”I”l948

Virginia Mid ser
....

....

J-D

J-D
J -D

Registered

108

Rich A Meek 1st g 48...194S
bo Car A Ga 1st g os
1919

AO

M-N
J -J

Mout ext 1st

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

A

....

92 4
924
122
Jan’06

123 4 Jan ’07
Jan’07
110
Jan ’07
914 93

123 4

'J-J
A-O

1st

ba)^

Spok Fails A Nor 1st g 6s. 1939
btat Isl Ky 1st gu g 4 4s..1943
Syra Bing A N Y See D LA W
J-J

Sou ill vr l>iv

bale

10U
86

Col A Greenv 1st Gs
1916
F T Ya A Ga Div g 5s..1930
Con 1st gold 5s
195G
E Ten reor hen g 5s
1938
Ga.Midland 1st Ms.
1946
Ga Pac Ky 1st g 6s
1922
Knox A Ohio 1st g 6s...1925
Rich A Dan con g 6s
1915

A-O
8t Life Cairo See Mob A Ohio
Bt LA Iron Mount
nee 51 P
Bt L K C A Is'
See Wabash
Bt L M 14r See T UK A.ol bt
St Louis A ban Francisco—

1 12

Gs.. 1911

6s

::::::

114

,t

A-O
J-J
J-J
J - J
J-J

psfi.

973.1

Rensselaer A bar Sec D A H
Bleu & Dun bee South Ky
BicliA Meek bee bout Hern
J -D
J . J

1st, g

Atl A Dauv
2d 4s

5Iuy’05
97*4
98 *•• Ic2
loo 4 3’ne’OG
4
9G4
964
116

Sale

1912
1937

1*234

J
Alat’en R

J'ly’97

....

J J
A 0

F...1912

Mar’OG

120
98

1144

Pitts Sh A L K 1st g 5s..
1st cousin gold 5s
Pitts A West see B A O

K Registered

120
Oct’01
lu7 4 Nov’06

107 4

clOlo

Low
Jhuti So \Lotv High
127
Sep ’06
116
Nov’Ug
101 VNoi’OC
J
112
112
11‘2
98
OS
98
Jau ’07
7
85
87
85
86
5 1 0 3 4 103,4
103 4
103 8
: 04 4 104 V
1014 Jan ’u ,

ASA

1

TexANObabDivlst gGs.1912 M-S
Cou gold os..1943 J-J
Southern—1st con g 5s
1994 J-J
J-J
Mob A ()hio coll tr tr 4s
1 93S \I-K
Mem Div 1st g 4 4-5s... 199G J-j'

)

19:

g

{j

T

>

Pitts Cieve ct Tol see
Pitts Ft W A Cli See
pitts J unc 1st gold 6s

1st

oillCe
January I

p

'l

A-O
j - j

1104 Sep’04

S

or

sale

Last

leb 8
Bi‘<

boutheru Pac Co—(Continual j

High.

Rang!’

Friday

s.

Range

Week's

Price
^

N. Y. STOCK EXCHANGE
Week Ending Feb 8

...

.

329

Record—Concluded—Page 4

New York Bond

1907.]

Feb. 9

314 3ale

A-O

116 4 Sale
91

J-J
A-O
J-J
F-A
M-S
J-J

Aug’06'
Ded’cG

1064
109 V

109

110

107V

1114 Aug’05
87 4 Jan ’u7
1024 Dec’05

88

......

19

814

Jan ’u 7
116
115 4
93 4 Jan ’07
34
Feb’UV

104*4
110*4
87

20-year equip s f os ...1922
Wilkes A East Sec Erie
Wil A Sioux F See St P M A M
Wis Cent 50-yr 1st gen 4s.1949 J-J

814

79

07

07

A-O
J-J
A-O
Nov

j(l‘»

......

•

-

...

•

294

324

81
66

874
08

1144 1154
93 4 934
34
34

6

Deo’06

..«•

102
80

-

....

xl,..

......

......

.MW

......

.....

87 4

....

......

....

874
.....

-

88

88

3<U6

884

11

874

89

MISCELLANEOUS BONOS—Concluded.
Manufacturing «Xr Industrial
Beth Steel 1st ext sf 5s.. 1926
Cent Leather 20-year g 5s. 1925
Consol Tobacco 50-j'rg 4s.1951
Distil Sec Cor con v 1st g 5s.’27
lnt Paper Co 1st. con g 6s.1918
Consol conv s f g 5s
1935
Int bt Pump 10-yr conv. 6s ’13'
Knicker Ice (Cine) 1st g5s.’2S
Lackaw Steel 1st g 5s....1923
Nat Starch Mfg Co 1st g 6s 1920
Nat blarch Co s t deb 5s..1925

RepubI AS l8tAcoltr5s.l934
U b Death Co sldeb g6s..l913
U b Realty A Iconvdebg5s’24
U b Steel Corp—( coup .<21963
Sf 10-60 yr 6s. (reg ..<21968
Va-Car Chom col tr 5s g..l912

Westingliouso KA 51 at 5a '31
*

No

J-J
A-O
F-A
A-O
F-A

J-J
J-J
A-O
A-O
M-N
J-J
A-O
M-N
J-J
M-N
M-N
A-O
J-J

98 s4

Sale

96
984
78

89V bale
1064 bale
90*4 92
101
Sale
100

77

86V

99
79

97V
76 4

864 89V
57 106 4 1084

80 V 178

80
75

72*4 Nov’06

106 4

90

92

1 100

101

90

*

!

-i

it

n

102

35 100
62

824

97
97
Jan’07
95
974 97
105 4
105
Jan'07
105
105 V
9b
h
92
92
02
92 4 95
412
974 09
99
Sale
984
99
1
97 V 094
99
99 4
994 bale
_

984
964

994
97

price Friday; latest bid and aaked this




)8**
Jan '07

107
Jan *07
101
101
97 4 Oct ’05
100
100 4
82
Jan ’07

bait

62

Misceltancous
Adams Ex col tr g4s
1948 M-S
Am Dk & Imp 6s
See Cent N J
Am SS Co of W Va g 6s....1920 M-N

984 Jan '07
97
974

_

_

'29

084
054

week. aDueJan

983«
07 4

B’ki’n FerryColstcon8g5s’48
Chic Jc«fc St Yard col g5s.1916
DetM & M ldgr incomes..1911
Hoboken L & 1 gold 5s...1910
Mad Sq Garden 1st g 5s..1919
Man Bell 11 & L gen g 4s.. 1940

F-A
J-J
A-O

Sp Val Wat Works 1st 08.1906
U S Red & Rel 1st s f g 6s.l931

6 Due Feb d Due Apr

......

f. .....

....

1024

102

102 V

1024

1004 J'no’02
Oct *06
41
108
J’ne’05
70
Sep '06

103

M-N
M-N

.

......

...M

50

M-N
J-J
F-A

Newp Ne Ship & D D 5s <2199U
N Y Dock 60-yr 1st g 4s.. 1951
Provident Loan Soc~44s.l921 M-S
St Joseph Stk Yds 1st 4 4s. 1930 J-J
St L Ter Cupples Stat’n & Prop
Co 1st g 4 4e 5-20 year..1917 J-D
S Yuba Wat Co con g 0s..1923 J-J

Sale

102 V

93

92

......

-

*

r

M-S

93

92

92

95

93

95

May*06
1004 Sep '05

...

Trift.

92
99

Feb’02

Sale

112
J’ly’04
113 4J’ly'00
93
93

«DueMay gDueJ’ne A.DoeJ’ly

1

jpDuaNxtt « Option

OHICAGK) STOCK EXOSA^OS—Stock Record—Daily. Weekly and YeirW
STOCKS—HIGHEST AND LOWEST BALE PRICES

Saturday
Feb 2

Monday

Tuesday

Feb 4

Feb 5

Wednesday

STOCKS

Thursday

Feb 6

Friday

Feb 7

Feb 8

Range

tor Year
1907

Sales
the
Week
Share*
or

CHICAGO STOCK
EXCHANGE

Lowest

Range

>or tre nous

Year(1UUH)

Highest

Lowest

Highest

Railroads
*160
*

4

180

4

*14
29

180

*150

64
164
29

62 4
«6 4
25

63 4
*86

31

*00

87

86

•80*4
•96\

82 4
98

*80*4
*
964

*20

26

*20

*264

66

*67*4
*

40

25

214

6
50 4

40

"30
*24 4

25
65
86

*60

80

*20

64
624

524
......

•86
*108
*63

*130
*126 4
•76

1074 1074 *108

*31

54
634
......

79
110

*31
*31
*364 37 4 *364 37 4
*107 4 no
*107
no
*
64
64
63

38
110
66

*1
*1
14
14
*6
*0
64
64
143
*140
140
143
45 4 464 *40
*444 46
47
•116
1184 *116
118
*116
1184
106
1064 •1064 1064 1004 1004
122
122
123
1224 1224123 "
45
45
46
47
454
46
*1
-6
•140

804
117
70
*117
*

•

14
04

81
81
1174 *117
*

80
118

664
944 944
1094110

•137

814
1174

70

80

*117

118

♦

140

58
94

139

25
82

26
82

♦

"CO
86

*30=4
*9034
*20

60

80

*

141

5«8
634

6
64
64
64
54
65
65
55
*130
*130
134
131
131
*12041284 Last Sale 128 4 Jan ’u7
•70
78
78 4
784
*107
♦107
no
*107
169
-31
Last Sale 3U
Jan ’07
♦
Last Sale 37
Feb’07
*108
no
*108
111
no
111
*51
63
*61
53
*50
63
Last Sals 175
May’06
Last Sals 16
Mar’06
*1
14 Last Sals 1
Jan ’o7
*6
64 Last Sals 6
Jan’07
140
143
*140
144
*140
144
*40
47
47
61
47
6L
116
116
116
116
116
116
♦
106 4 1064 106 4 *
1224 123 " 1234 124
123=4
47
48
49 4
484
484
604
Last Sals 314
Nov’05
Last Sale 80
Feb’00
Last Sale 17
J’ne’04
Last Sale 9
Dec ’04
Last Bale 45 \
Jan ’07
Last Sale d ^
Jan ’07

1*234

140

100

5

3,228

100
Chic Union Tract....100
Do

15
24

100

Chicago Subway

150

prof
100
Kans City Ry A JLt ..100
Do
pref
..100
Do

pref

100

Do

37o
6
*

175

pref
100
South Side Elev
100
StreetsW Stable C D 100
Do
prel
100
West Chic Street
100

Jan 24
Jan 24
Jan 31

54 Jan 4
164 Jan 25

.

.

68
94
110 4
144

94
110
142

-14

14

7%

*14

74

74

74

8

264

264

"254

74

*26 4

27

American Can
Do
pref
Amer Radiator
Do pref

99

65

87

.laD 10
3
26
Jan 30
674 Feb 8

72

38

.lap

40

25
62

Jan 7
Jan 23
Feb 4
Jan 24
Jan 12

4

AiPivr

T

......

*82

Sh-ipnlflp
pref, .1

1(10
100

59

J’ly

25
Jan 15
Jai| 4

16

Oct

05 4 Oct
25
Mar
23 4 J’ly
60
May

80 4 Apr
27
May
07
Dec
23
Apr

May

134 H eb

124 Mn\
54 4 Jan
8 Oct

4 Mar
6<\. Keb
03 4 Feb
30
J’ne
72 4 Nor
85
.Mar
28 4 Feb
68 4 Mar
09
J'ne
354 Not
102 J’ne
60
Feb

Booth

(A) A Do

1 (Ml

3

Do prel
100
Cal A Chic Canal A D100

7
10

Sals
Sale
Sale
Sale
Sale
Sale
Sale
Sals

57s
36*j

Brew’g & Malt’g
Do pref

1
6

Chic Edison
100
Chic Pneumatic Tool. 100
Chic Telephone
100

Diamond Match
Illinois Brick

104
60
20
106
621

100
100

140
444
115 *2
j UO
119 4

1,028

Jan 9
Jan 9
Jan 29

l
0

16
Feb
Mar
1
9
6
Nov
11 136
J’ly
8
48 4 Dec
21 101
Apr
103
May
5 118
J’ne

Jan
Jan

9

1484 Jan

Jan 31 51
Jan 2 117
.ian 21

Feb
Jan

Jan 24 1244Jan
1 60 4 Feb

44=4 Feb

8

414 Sep

45=4 Jan 31
9. 4 Tap 23
50 25
606 77
372 116
300
80
100 115^

Feb
Jan
Jan
Feb

6
4
2

4ti

Jan 11

2

4 Jap 23

86

Jan 14

1174 Jan

7

5

84 4 Jan 11
5 120 Jan 17

Feb

”*'*■

fifi

165
63
139
118
147

Feb

80

Feb

Feb

Jan
Jan
Feb
71*4 Jan

46

48
Sep
2 4 Feb
21
J’ne 23
Mar
62
May 79 4 Deo
113 4 Jan 119
Oct
78
95
Jan
Mar
112
Dec 1224 Mar

May
134 M ay

......

884 Fly
50
Aug

.Tap 91

'294 924 Jan 21 95
Jan 20
92 4
1,938 109 4 Feb 2 1134 Jan 16 1014
525 134
Jan 24 149
fceb 7 115
J an
280 101
2 1024 Jan 16
09 4
700
1
Jan 2
1=4 Jan 31
=*4
6
Jan 2
1,390
54
84 Jan 7
160 25 4 Jan 18 204 Feb 7
28

.

*93 4 May

634 Deo
Nov 09 Sep
Jan 1194 Sep
May 1524 Jan
Dec 106*4 Feb
Dec
2*4 Jan
Dec 174 Jan
Dec

42

Mar

6*4
364
44*4
14 4

Feb
Mar

-

25
25
Jan’07 Rlnpham OonMInimr 60
No»’O0 FUnclr Motinmn
Jan ’07 Daly-West
20

10

tfeb

794

May

16 4 Feb
1
Mar
7
Jan

Manufacturers’ Fuel

Mar’08 Adventure Con
Mar*06 Allouez

194

Jaa
Not
J&n
Not
Not
314 Deo
40
Feb
113 4 J’ne
64
Keb

16838 May 175
Chic

^

Last
Last
Last
Last
Last
Last
Last
Last

114 Jan

72
130
136
81
112

4
85 4

Nov’06 Hubbard-Elliott
Feb’00 No Butte

15

?7»

J’ne’06 Shannon

10 fl

324 Jan 24

32 4 Jan 24

184 Jan

20

3

63* Mar
364 Mar
29=>« J’ne
74 J’ly
144 Mar

Jan 22

3 4 J’ly
85 4 Feb
6
Feb

Feb
Mar

204 Not
44

Oct

854 Feb
74 J’ne

Chicago Banks and Trust Companies

T3

BON OS

IS °

Fries

**

Friday

2r

CHICAGO STOCK EXCH'GE
Week Kndino fkb 8

Feb 8

Bid
Amer Bi»enit 6s
1910
Amer Strawboard 1st 6b..1911
0*ss Avc A F G (St D) 68.1912
Ohio Board ot Trade 4s ...1927
Ohio Consol Br A Mlt 6s
Ohio Consol Trac 4 4s
1939
Ohic Edison debent 6s....1913
1st gold 6s
A1926
Chic Auditorium 1st 6s... 1929
Chic Dock Co 1st 4s
1929
Ohio No Shore Elec 6b.... 1912
Ohic A Mil Elec Ry 6s ....1919
Ohio Pneom Tool 1st 6s .al921
Clue Rock I A Pac RR 4s. 2002
Oollat Trust g 6s
1913

994 May’06
1014 Jan’07

J-D
J-J
J-D
J-J
A-0

10 i
Mar’00
103
Apr’04
57
Dec’06
100 4 Nov’06
101
Jan’07
964 Jan ’00

100

A-0
j.j
J-J
M-N
M-S
M-S
J-D
M-N
A-0

101
100
90

87
80 4 Bale

1014102"
192** """

1931 A-O

People’s Gas LAC Ist0s.l943
Refunding g 5s
1947
Chic Gas Lt A C 1st 6s.. 1937
Consumers’ Gas 1st 6s.. 1936
Mutual Fuel Gas 1st 6s. 1947
South Side Elev 4 4a
1924
Swift A Co 1st g 6s
1914
Union El (Loop) 5s
1945
Union Pacific eonv 4s
1911
United Box Board 6s...
West Chic St 1st 6s
1928
Tnnnsl 1 at 6b
1909
Debent 6s
1914
Consol g 5s
1936
West Div City Ry 4 4s.. 1932
Weetfna Sterne Co 6s
1909

M-N
M-S
M-N
J-D

M-N
M-N
A-O
MS
J-J
J-D
M-N
J-J
j.j
A-O
M-N

79
80
102
90

76

904 Hale
924 *7

*97" ini"
98
99

i‘03*‘ """.

834

....

834

4

834

86

Dec’00

30

92 4 Jan’07

97
Oct '06

"*2

118

02 4

97" "97"

Not’06

1024 i*02 4
41044

1044

be added to all

904 904
02

994 Sep’06

102 4 Jan’07
1044 Jan ’07
102
102
Jan ’07
103 4 tfeb’06
100
Sale
094
100
1014102 4 102 Jan ’07
994 99 Jan’07
114
Nov’04
t 76
Sale
76
75
M-N
95
95
Dec’06
F-A
68 4 Sep ’06
J-D
72 4 Deo’06
M-N
"72" 72 Jan’07
J-J
87
Deo’06
A-0
90 4 Jan ’06

mus t

...

904

1004 Mar*O0

Chisago bo

4=2,000,000
100,000

....

90

90%

Bankers National
Calumet National

104
102
10

102

994100 4
102 4

102
90

"0

09

*724 Ye"

Mutual Bank
Nat Bank of Republic.
National Live Stock...
North Side State Sav..
Oakland National
Prairie National
Prairie State
Pullman Loan A Sav..

Railway Exchange....
South Chicago Savings

State Bank of Chioago.
Stook Yards Savings..
Union Bank of Chicago
Union Stock Yds State
AmerTrust A Savgs..
Central Trust Co of Ill

Chioago Sav Bk A Tr..
Colonial Trust A Sav..
Drovers Trust A Sav..
First Trust A Savings
Illinois Trust A Sav..
Kenwood Tr A Savings
Lake View Tr A Sav..
Merchants’ L’nATr Co
M etropolitan Tr A Sav
Northern Trust Co Bk

,

Peoples Trust A Sav..
Royal Trust Co
....

nd

70

pries s.

764

stockmen’s Tr A Sav..
Union Trust Co
Western Trust A Sav.
W Side Tr A Sav Bk..
Woodlawn TrASav Bk

260,000
2,000,000
1,000,000
50,000

100,000
250,000
co00,000
300.000
250,000
200,000
1,000.000
250,000
200,000

200,000
3,000,000
2,000,000
n 500,000
000,000
200,000

1:2,000,000
4,500 000

200,000
200,000
3,000,090
750,000
1,500,000
200,000
600,000
200,000
1,000,000
1,000,000
200,000
200.000

Dividend

Surplus dt
1‘rofitst

Stockt

....

6

Aug’00

ing

....

90=4

79
77

Outstand¬

....

May’06
Dec’00

97
99

High

NAME

500,000
1014 1014 Commercial National.. 02,000,000
Continental National..
4,000,000
Cook Co State Savings!
50,000
Corn Exchange Nat...
3,000,000
Drexel Slate
1
200,000
101
101
Drovers Dep National
000,000
Englewood Stale
200,000
Federal National
500,000
First National
8,000,000
First Nat Englewood..
100,000
3
77
814 Foreman Bros B’k’g Co
500,000
Fort Dearborn Nat....
1,000,000
Hamilton National....
500,000
i*02” i*024 Hibernian B’k’g Ase’n 1,000,000 £
Kaspar State Bank
200,000
98
084 Monroe National
200,000

Jan ’07

90

904

Low

,

Chicago City

Nov’04

Apr’04

lor year
1907

No.

804

Dec’ue
98
Jan’07
99 4 Not’06
92
Jan ’07

904

834

Feb’06

794

16

904
88

1909 J-J
1916 J-J

4>40s
4*0Os Series E
4-80s Series F

High

994
J-J *1014

F-A
A-O

Range

Ronds Sold

or

Last Sale

Ask Low

J.J

Illinois Tunnel 6s
1928
Sons City Ry A Dt Co 6s.l913
Kmekerb’cker loe 1st 6S.1928
Luke Street El 1st 6s
1928 J-J
Income 5s
...1926 Feb
Metr W Side El 1st 4s....1938 F A
Extension g 4s
1938 .T-J

No Ohio Cnty By 44s ...1927
North Wesfn El 1st 4s... 1911
Ogden Gas 6s
1945
Pearsons-TWt 6s
1910

Week’s

Range

F-A

Ownmonwealth Elect 6s.61943

Note.—Accrued interest

4

j*n

7 J« Jaa
284 Jan

ay34 J’ly

6 4 Feb 4
6
J’ne
Jan 30 55
Jan 4
51
J’ly
Jan 7 132
Jan 30 115
Fee
1284 Jan 16 1214 J an 15 1284 Dec
70
J an
3
80 4 Jan 14
Jan
54
107
Jan 25 109
Jan 7 101
Jan
30
.Tap
9.
30
Jan *.
17
Feb
37
Feb 1
38 4 Feb 1
Jan
36
107
Jan 22 111
Feb 8 106
net
50 4 Jan 7
64
Jan 8
55
May

50

^ 117 4

Chicago Bond Record

44s

2
9
9
Jan 16
Jan 17

4=4 Jan 25

100

Do

__

14

Ttt

g

an 9. i

Dec
Dec

902 50
15 129

100

831.

117

024

r

Refunding

.1

Sep 200

5
15

64 4 Jan 15
90
Jan 4
34
Jan 16
98
Jan 21
27
Jan 11

8

Mining

Horth Ohio St 1st fis
1st 5s

Jan 24

464 Jan
54 Jan
3 94 Jan

60

32
97
26 4 Jan

-

5
15

854 Jan

85

1,261

100

.....100

84 4
83 4
86
National Biscuit
100
117
1174
Do pref
100
84
84
84
National Carbon
100
118
*117
118
*117
118
Do pref
100
La81 Sale 5*4
May’05
Last Sale 91/4
J’ly’06
♦54
65 4 Last Sale 55 4
Jan ’07
94
94
94
y4
94
*934
Do
pret
100
111
1094110 4 no 111
112 4 Swift & Co
100
145
146
149
*145
149
149
The Quaker Oats Co. 100
10141024 *1014 102
102 4
*1014
Do
pref
1(10
14
14
14
14
•14
14 Unit’d Box BdA P ColOO
8
8
8
8
8
8=4
Do pref
100
*254 27
204 204 *254
27
Western Stone
100

80
115 4 *117

lu 141014 *1014

27

6

54
134

834 834
11741174 *117 1174
X1164

934
1094 110 4

1024 1024
*14
l3*

"25
-68
*30

100

Miscellaneous

6

44

7y
110

*304
*96=4

97
26

•12641284 *1264 1284
*76
*108

*074

18
63 4
80
27
70
40
25 4
65
86
32 4
97
30

*

Oct ’06 Chic City Ry
Chic Pas’s Ry
Jan ’07 Chic A Oak Park
Jan ’07
Do
prel

Last Sal* 5
Last Sale 15
29 4 30
284 30
*5
‘5
54
5 4
Last Sale 16 4
Jan ’07
*63
63
634
4
63 4
*86
*854 86
87
Last Sale 26
Jan ’07
69
69
674
69
Last ^alt 40
Jan ’07
Last Sale 15
Jan '01
Last Sale 61
Jan ’07
85 4
854 8534
65 4
Last Sate 33
Jan ’07
Last Sale 97
oan ’07
Last sate 27
Jan ’07

64

*17
63

87
26
71
40
25
65
87
82 4
97
30

Last Sale 140

6
16
31 4

*14
30
*0

17

•86

180

•44

63 4

*

324

604
*130

304
54
*164
63 4

63 4
86
27
71

*160

64
15 4
30 4
64

*16

29 '
5
16 4

65

6
60
*130

180

*434

4
*15 4
63 4
•65 4
*24 4
*60
•30
*24 4
*60
*86
"4

*160

$1,217,874
£36,305
2 128,037

2,101,191
2,68 1,338
£4,902
4,306,171
27.080

in

1905
8
5
10
12
8

6
12
6
8

329,085
£29,804
V 5,95b Began
6.787.318 1112

£135,603
018,233
300,145

171,371
1,055,778

In
1906
8

6
10
12
8
6
12
6
8
3

basin
12
10
10+10
Priv ate Ba
6
6
8

22,097

£77,421
0
1,160,471
1,300,860 12+S
£30,366
66,696
67,673
235,950

Last Paid

%

Q-J Dec ’06.
J-J Dec ’06,
J-J Jan ’07,
Q-J Jan ’07,
Q-J Jan ’07,
Q-J Jan ’07,
Q-J Jan ’07,
Q-J Jan ’07,
Q-J Jan ’07.
Q-J Jan ’07,
ess

Q-J
Q-J

Jan

10

Q-J

Jan

3

Q-F

Nov ’06. 1
Jan ’07, 44
Jan ’07, 14
Jan ’07, 3
Jan ’07, JL4
Jan ’07, 14

6

12+3

6
6

6
0

y
8

lias

8,559 Began

8
bnsln
5
8

Q-j
Q-J

Q.tT
Q-J

’07, He
’07,

2«*

'07, 2

’07, U
’07, 8
July 3, 190#
Jan ’07. 14
Dec ’00, 14

J-J Jan
Jan

Q-J
ess

4
£68,730
Q-J
8
904,483
Q-J
None
£147,673
£34,436 Began May 1, 190 6.
£43,391 None
0
Q-J Jan '07,
8
8
2,387,871
Q-J Jan '07,
949,113
7
64
q-j Jan ’07,
n81,153
538,098 54-6
10
Q-J Jan ’07,
6
0
69,561
Q-J a an ’07,
714,520
7,122,1)45 12 + 4 12+4
11 Jan ’07.
Jan
£33,766
’07.
£22,167 orga uized Nov 18.1906.
12
12
Jan
4,067,634
Q-J
*07,
6
0
381,480
Q-J Deo *04,
8
8
£1,723,236
Q-J Jan ’07,
£60,609
,

£514,336

2

rt
6
3
2
IQ
3
He
2
14
Dot 10,190#
Jan '07, 3
Jan ’07, 2%

F-A Feb

£86,388

£8.441

Record

Per¬
iod

#

14
2

14
24
14
3
14

8
14
2
.

,

r

6
8
Q-F Nov ’00, 2
Incor porate d M arota, 1906

£8,073
870,645
6
292,668
£18,563 Began
£22,762

0+1

Q-J

busln eaa
6

Q-J

Jan

Sep
Jan

’07, 14

U Dividends are paid Q-J, with extra payments Q-F.
HIncludes special dividend of 30% paid Dec. 18, 1906.
t Jan. 26, ’07 for National Bank*
and Jan. 28, *07 tor State
institutions, exoeptthose marked with a(£), wliiohareof dateNov.’12, ’uo, andNov.
13.’06, respectively. * Bid and asked prices*
bo sales ware mnals on tlus
day. t No price Friday; tot set price thit week, a Dae. Dec. 31. bDueJune. c Capital increased
Jan 1.1907 from $250,000, a cash
dividend of 30 per cent being declared and to be taken as
part payment for new stook.
K Doe
•Brptaa account to capital, making latter $2,000,000. n Capital and surplus to lie increased, o July, k One million dollars transferred in Dee. 1906 from
Capitol to be increased to $3,000,000,




Feb. 9

1907.]

THE CHRONICLE.
Gnu

Volume of Business at Stock

Exchanges

331

AT

THE NEW

YORK

STOCK

Newark Consol Gas..

EXCHANGE
os

DAILY, WEEKLY AND YEARLY

Feb 8
iy<-7

B hares

Railroad Ac
Bonds

Far value

j

1938

U S
Bonds

St J

!Cuban

91 K

90

K

$105

A-(

UO* IndC Nat * Ill .1
Btate
Bonds

Industrial and JlisctM

ASk

134

J-D!! 103 H. ! 106

1st 6s 1926
Blocks

Week fiuting

Bid

$131
liCou g 5s 1948

TRANSACTIONS

i

Securities

oseph Gas 5s 1937. J -J

29
63
$100
$ 85

35
73
103
90

Telegrr & Telephone
Saturday ...
Monday ....
Tuesday
Wednesday
Thursday...
FYiday

420,944
610,312
668,453
5823 7
806,230

$35,556,900

846,392

68,343,200

$1,027,500
1,247,500
1,338,000
1,470,000

50,568,700
46,040,050
49.033.450

03,890t6u0

$182,000
284.000

UAroerTeleg* Cable 100
$22,000

325.500

1,899,600
1,676,900

390.600
296.500

1,000

165,000

10.000

Comiuer l)u

Tel(N Y).25
Emp * Bay State Tel 100

Franklin
100
UGokt «fc Stock .......100
Hudson

3,835,474 $313,432,900
Bates at

Week

ending Feb 8

1907

1906

January 1 to Feb 8
1907

Slocks—N o. shares.
5,401,939
3,S35,474
Par vaiae
$313,432,900 $498,828,550
Bank shares, par..
$12,400
2,e00

1906

27,797.251
47,004,087
$2,366,800,035 $4,302,302,000
$104,40J
35,700

BONDS

$33,000
1,643.600
8,558,500

$8,000

$116,600

2,179.800
15,562.700

7,663,000
65,340,700

$373,100
1G.118,200
109,913,600

$10,236,000

$17,750,500

$63,120,200

$126,409,900

Government bond*
State bonds
BR. and mis. bond
Total bonds...

THE BOSTON AND PHILADELPHIA

DAILY TRANSACTIONS AT

EXCHANGES

Week ending
Feb 8

1V01

Saturday
Monday
Tuesday
Wednesday ..
Thursday
Friday
Total

Boston

Philadelphia
Bond
sales

Unlisted
shares

Listed
shares

Listed
shares

Unlisted
shares

Bond
sales

8.260
9.947

6,770
3,820

$16,000
32,000

7,773
9,009
10,519
16,885

$4,000
37,0(i0
19,000
21,000
26,000
36,000

13,130
21,141
21,337
22,471

4.87H

7,557

39,500
27,700

6,788
8,775

94,530
81,400

62,021

$148,000

96,292

37,589

$291,130

31,333
40,893

7,826
9,409

62,606
71,905
73,018
61,190

330,946

Outside Securities
Weekly Review o/ Outside Market will be found
Street Hallways

Bid

80

33

Hist mort 4s 1950 ..J-J
U B’y & 7tli Ave stk ..100

90

92
236
104
list
106
310
116
195

228
100
Excli

U‘2d mort 6s 1914 ...J-J
Con 58 1943

Bee Stock

B’way Surf lst6sgu 1924 1103
UOent’l Crosst’n stk..100 280
Hist M 6s 1922 ...M-N 111
UCen PkN & E R stk.100
flOhr’t’r* 10th St stk 100

Col*

9th Ave 5s Bee Stock

190
165
Exch

Pub Serv Oorp of N J100
Tr ctfs 2% to 6% perpet
Coll trust 6s gold notes
1909 optional
M-N
North J ersey St Ry 100
1st 4s 1948
M-N
Cons Trao of N J...100
1st 5s 1938
J-D
New’k Pas Ry 6s ’30J-J

gold 68 1932...J-D
IjScrip 6s 1914 ....F-A
Eighth Avenue stk.. 100
IjScrip 6s 1914
F-A
142(1 & Gr St F’y stk.. 100
42d St M & St N AV..100

Ulstmort 6s 1910 .M-S

108
100

110
102

93
376
60
102
67

400
70
105
72

$370
97

fl2d income 6s 1915 J-J
Inter boro-Metropolitan—
Common. Bee Stock Ex cha’ge list
Preferred. Bee Stock Ex cha’ge list
4*3% bonds. Bee Stock Exch list
LexAv & Pav F5s Beent k Exc list
U Metropoi Securities 100
Metropoi »treet Ry. 100
Ninth Avenue stock.100
Second Avenue stocklOO

106
170
190

1| 1st mort 5s 1909 M-N $100

Consol 5s 1948
F-A $110
USixth Avenue stock 100 170
Sou Boulev 5s 1945..J-J $iut>
80 Fer 1st 5s 1919...A-O $1U6

Third Avenue

Bee Stock

Exch

Tarry W P & M 5s 1928 $102
YkersStli R 5s 1940A-O $100
28th & 29th Sts 1 st 5s ’96 $ 104
IJTweuty-Tli’d St stk loo 3/5
Union Ry 1st 5s 1942 F-A $105
Westchest 1st 5s ’43 J -J $100

NEW

Cent Un Gas

400

106

106


http://fraser.stlouisfed.org/
mk
nu<i
Federal Reserve
Bank of St. Louis

100

Tract.100
100

105
95

1st 5s 1947 Bee Stock
Consol das of N J—

Exch list

1st 5s 1936
JJ $ 90
Consumers’ L H & Pow—
6s 1938
J-D $104
Elizabeth Gas Lt Co..100 275
Essex & Hudson Gas 100
125

95

"

Fort Wayne 6s 1925..J-J
Gas & El Bergen Co..100

hicago list
101 >2 103
107 Hi L10
Ua list

Grand

45

57

F-A $102

Hudson Co Gas
100
Indiana Nat & 111 Gas—
1st 68 1908
M-N

112
20
67
93

67
70
Indianapolis Gas
50
87
90
1st g 6s 1952
A-O $
Jackson Gas 5s g ’37.A-O $ 95
hicago list
Kansas City Gas
$ 1 10 *4 111
60
100
$107 *2 110 | 1]Laclede Gas
..iOU
30-v 3076
85
1: Preferred
loo

H.,1 Eaiay’eGaslstds’24.M.N
list1 Log* Wab V lst6s’25.J-D

77

|

127
60
60

Rapids Gas—

1t 1st 5s 1915

10DH.

list

108
97 H,

*a
50
*»
100
Binghamton Gas 5s 1938 $ 93
Brooklyn Union Gas deb
6s 1909 conv ’07...M-8 120
130
Buffalo City Gas stocklOO
7
9

LI 1

x

102
80
120
108

Bay State Gas

$1(>5

77 *<,
Bee Stk E
Bee C lncago

107
103

38

OTHKR CITIES

100

♦ Buyer pays acor'd ink

1st consol 6s 1948.-J-J $ 97
N Y & East River Gas—
1st 6s 1944
J-J $102
Consoles 1945
J-J $ 98

Amer Light*
Preferred

OTHKK CITIKs

HGenMg4 4s’35

109
103

103

Nor Un 1st 5s 1927.M-N $100
75
com —100
100 100
1st 6s 1930
104
M-N

Exch list
65
75
6s 1944
IU5
A-O
1st 4s 1951
See St k Exc h list
N Wb’g & Fiat 1 st ex 4 *28
100
104
115
Steinway 1st 6s 1922.J-J $113

North Chic Street

71
119
100

g’27.J&J $101

os

11 Standard Gas
1i Preferred

Bee Stock

$107

$ 74
74*, 76*a
100
$105
111
$110

YORK

X Y A RichmoTuI Gas.IOO

Kings Co. Elevated—

$109

96
60
75

Con Gas (N Y) stK. Bee St k Exc h list
Cunv deb 6s ctfs N'eeStk Exch list
190
UMutuai Gas
100 170
New Amsterdam Gas—

107

......

Buffalo Street By—
1st consol 5s1931..F-A
Deb 6s 1917
A.O
Chicago City Ry
Bee C
Columbus (O) St Ry..l00
Preferred
] 00
Colum Ry con 5s Bee Ph
Crosst’wn 1st 5s’33.J-l>
Grand Rapids Ry....l00
Preferred
100
Lake St (Chic) El
Bee C
IlLouisv St 5s 1930..J&J
Lynn& Bos 1st5s’24.J-D
UNew Orl Rys & Lgt. 100
1i Preferred
loo

94
40

Gns Securities

106
list
104
102

"

1949

Ask
100
68

245
1st 6s 1921
A-O $107
J 0 Hob& Paterson 100
35
4S g 1949
M-N } TO
So J Gas El & Trao 100 117
Gu g 5s 1953
M-S « 98
No Hud Co Ry 6e,14J-J $108
6s 1928
J-J $106
Ext 6s 1924
M-N $101
Pat City con 6s ’31.J-D $119
2d 6s
1914 opt A-O $100
So Side El (Chic)
Be* C hicago

104

Xtlan Ave os 1909..A-0 $100
103
Con 5s g 1931
A-O $H'6
B B & W E 6s 1933..A-O
99
Brooklyn City stock...10 218 *220
Con 5s Bee Stock Exch list
Bkin Crosstn 5s 1908.J-J
100
102
Bkn Hgts 1st 58 1941 A-O 103
107
Bkln Q Co & Su b Bee Stk Exch list
Bklyn Rap Tran Bee Stk Excli list
IjConey Is. & Bklyn ..100 200
90
1st cons g 4s 1948..J-J
93
Brk C & N 6s 1939.J-J
100
103
Gr*pt &Lorimor St 1st 6s

1st 4s

Bid
95
65

list
Syracuse Rap Tr 6s 1946 $104*2 109
Trent P & H 6s 1943J-D $102
104
United Rys ot StL—
Com vot tr ctfs
100
42** 42 H,
H Preferred
100
76*4 70 \
Gen 4s 1934
6’eeStk Exch list.
112
UnitRysSanFran &eeStk Excli list
180
Wash Ry & El Co—..100
39*2 40*2
L95
Preferred
85
100
85 Ha
4s 1951
102
85
J-1)
85 34
112
20
30
1l West Chicago St ....100
173 Hi
72
IjCon g 5s 1936
M-N

BROOKLYN

Nassau Elec prof

$

page.

Rapid Tran St Ry..lOO

170
list

Dry D E B & B—

iflst

preceding

Street Railways

Ask

NEW YORK CITY

Bleeck st& Ful F stk 100

on a

103
113
25
72
li.O
100
100
95
50

44
30
35
.Madison Gas 6s 1926 A-O $106*2 110

fPrioepersh. tSale

price.

a

1i Preferred
.

..

55

73
113*-. lift
116
120
76
83
98
102

iS 2

loi
1U(
101
10i

68
10
16
4
48
4 2

lOi
lot

1 ot

Gold Hill

:

•33
75
14
i!0
7
50
60

75
79
75
,80
loi H. Q03

1 ta

1 t

4 K

4*4

i).2<

»

22 H,

Greene Con Copper...it t
Greene Consol Gold... lU t

31k

*32*4
3134

Greene Gold-Silver.... 11

1

Copper

Greene Cananea (w

1J4

2

l's

2

GngaeuheimExplo’n. lot

-

“XT

......

......

A

.

......

4
07S
14*2

6
14

1

1; Preferred
lot
1|Geueral Chemical ..lot

88
150
„

jliDiainoud
Match Co. lot
'Dominion

Coppei (new) 1'
Douglas Copper
P

Ask

100
1103
1 23 H. ,124

280
310
Hackensack Water Co —
Rel g -is 52 op 12...J-J $ 91*2 ' 93**
llall Signal Co
80
lot
12
Havana Tobacco Co..lot
14
Electric Companies
20
Preferred
1 ot
25
Chicago Edison Co Bee C lncago list
1st g 5s June 1 ’22.J-L1
65
70
UKiugsCo El L&PCo 100 123
127
HeckerMones-Jew’i Mil
Narragau (Prov) El Co 50 t
105
1st 6s 1922
99
lOf
M-s
N Y * (J El L APowColOO
60
70
40
Her’g-Hall-Alar.uew.lOtJ
Preierred
100
200
76
Hoboken Land* ImplOt
85
United Electric of N J 100
76
103
1i5s 1910
M-N $100
4s 1949
J-D $ 70
8
71
Houston Oil
9
lot
47
Preferred
51
ioo
Ferry Companies
Hudson Realty
135
lot 120
62
1 *2 Ilngersoll-Kanu 00m.lot
Brooklyn Ferry stocklOO
08
S4
B&N Y 1st 6s 1911.J-J $100
92
103
1l Preferred
lOt
93**
N Y * E It Ferry stk.100
65
70
135
Iniernat’lBankingColUt 125
1st 5s 1922
Int’n’l Merc Marine.lOt
M-N
78
81
9*4 10
NY* Hoboon 6s’46.J-D $105
107
Preferred
27
28
100
Hob Fy 1st 5s 1946 M-N $107
Col tr d 4 *2’22op’07A-0
109
74
70
N Y * NJ 2d 5s 1946. J-J $106
lnternat’1 Nickel....100 115
103
122
10th <& 23d Sts Ferry 100
30
84
Preferred
lOu
88
1st mort 5s 1919...J-D $ 77
14
82
International Sait....100
10
30
1st g 6. 1951
60
U Union Ferry stock .100
33
65
A-O
90
TJlst 58 1920
M-N
92
luternat.onai Silver.loo
6*2
8
Preferred
60
loo
05
Railroad
1st 6s 1948
107
J D
1081*
Chic Peo & St L pref.100
60
Lackawanna Steel...loo
05
Lanston
Deposited stock.....
t
1»4
13*2
3*2
20
13*
Monotype
1 *4
Undeposited slock.
191
3*2 Lawyers Mort lnsur.lOtl 189
PrlorIieng4HiS’30M&S 90
97*2 1|Leh& VVilkesb Coal 5u
Con mtg g os 1930.J&J
Lord & Taylor
58
133
100 129
Income 5s 1930
Preferred
102
9
loo
105
Ohio Subway
29
185
100
160
80
ULoriiiard (P) pref ...loo
Ft W A Den Cy std.,100
Mack iy Companies Bee Stk E X list
Great Northen Ore
Bee Stk E x list Madison Sq Garden..100
16
26
N Y N H * Hartford2d 6s 1919
75
M-N
Con deb 3 tjs 1956. J* J $ 108H» 110
11 Manliatt Beach Co. 100
4*a
6
NortU’n securities Stubs 125
162*2 ManU Bell Hotel* Land.
Penn, gu g 4 4% notes
Preferred
100
Nov 1 1907
M&N $ 99
llGen. g. 48-19-10...M. N
99*2
Pitts Bess 6b L E
50 t 32
30
Manhattan Transit...;2U t
6*8
Preferred
50 t 70
Mex Nat Construo.pflOO
13
75
17
URailroad Securities Co.Mitchell Mining
6°b
HI t
S’*
Ill.C.stk.tr. ofs.ser. A’52
7
92*2 Monongaiiela R Coal f>o j
Seaboard Air Line—
Preferred
t
24*s
5U
26**
Coll tr 5s 1907 op...M-S $100
97
102
Mortgage Bond Co... 100
Nat Bank of Cuba
SeaboardCo.... Bee Bait Exch list
jou
4100
National Surety..——100 170
i90
Industrial and Miscel
Nevada Conn’d Copper.5 t 17*2 19
Ahmeek Mining
36
26
40
mo UNew Central Coal
20
Alliance Realty
N J Ter Dock* Imp. 100
38
loo 125 132
Allis Chalmers Co 1st m
N Y Bisouit 6s 1911.M S
102
s f os ’JOcrot’lO wi. J-J $
N Y Mtge * Security. 100 184
80
81
190
American Book
39
100 170
180
45
UNew York Dock ....100
American Brass
loo
70
140
UPrelerred
loo
75
American Can com...100
N
Y
6
1
3
4
6H>
Transportation...20
Preferred
66
100
66
Niles-Bem-Pondoom. 100 108
L18
American Chicle Co.. 100 186
190
Nipissing Mines
5 t 12
124
Preferred
100
loo
105
100
63*
7
1lOntario Silver
Am Graphopho com..100
40
Otis Elevator 00m....100
50
45
55
Preferred
83
Preferred
94
ioo
85
97
100
Amer Hardware
110
Phoenix Securities
ioo
118
*8
?S
Am Ice Securities
Bee Stk E x list Pittsburg Brewing....60 t 31
Am Malting 6s 1914.J-D
103
Preierred
ho t
104
51*4
Amer i'ress Assoc’n.loo
95
100
Pittsburg Coal (Sec stock Exch list
Am Soda Foun com.. 100
1
2
3
3
Pope AlauutacLuring.luO
1st preferred
1st preferred
68
ioo
42
68
100
2d preferred
5
2d preferred
14
10
ioo
16
100
Amer Steel Foundries—
Pratt * Whitu pref.. 100
98
102
M 6s 1936
Public Serv Corp of Va—
A&O $ 94
97
American Surety
95
1st mg 5s Juiy 1936 opt
5o 187*2 192H?
97»*
American Thread pref..5 1
4
100
44* Realty Assoc (Bklyn)luO 155
AmTobac (new) cornloO 340
104
360
108
Royal Bak Powtl pref.100
Prehl
Bee Stock Exch
list
290
Safety Car Heat* Ltluo 270
4s and 6a
Seneca Mining
Bee Stk Exch
list
26 t
Am Typefo’rs com...100
39
Singer A1 Ig Co
42
470
loo 440
Preferred
98
Standard Cordage.... 100
ioo
7
IU0
10
Amer Writing Paper. 100
60
ist
3 Hi
2*2
64
M.g.5s.’3i red.. A.O
Preferred
24
ioo
18
25Hi
IS
Adjust. M.Ss.Apr 1,1931
1st sf g 5s ’19 op ’09. J - J
48
84*2 85*2 Standard Coupiei cornlOO
53
71
Preferred
UBarney * Sm Car ...100
130
—luu 120
Standard Milling Co.100
7
1] Preierred
loo 138
142
9
26
Preierred
UBethl’m Steel Corp .100
18*4 18 K
IOO
80
Preferred
60
1st 5s 1930
100
77
70
M-N
78
lat ext 5s—Bee Stic Ex chang e list Standard Oil of N J„100 535
540
Bliss Company com
1 45
Swift* Co Bee Boston St k Exc h’g*
50 136
Preferred
1st 6s 1910-1914...J-J $101
50 130
134
102
Bond* Mtg Guar....100 3/6
Tennessee Copper
48
25 t 47
Borden’s Cond Milk.. 100
79
175
182
IjTexas* Pacilic Coal 100
Preferred
1st 6s 1908
ioo 108
112
$104
A-O
British col Copper
5 t 10
10*4 Title Ins Co of N Y..100 170
180
Butte Coalition Min.. 15
37
38
19
Tonapah Min (Nevada). 1 t 17
Casein Co of Am com.. 100
Xren ton Potteries com 100
2
14
5
17
Preferred
75
90
10U
Preferred new ....100
85
95
35
125
Trow
Casualty Co of Amer. 10 0
45
Directory new..100
Celluloid Co
loo
*4
$131 Union Copper.
1
10 f
Cent Fireworks com. 100
14
Union Typewr com..100
16
88
92
Preferred
1st preferred
67
ioo
72
123
100 120
Central Foundry
2 Hi
2d preferred
119
100
121
3*2
100
Preferred
100
United Bk Note Corp..50 t 02
13
10
05
Deb 6s 1919 op '01 M-N
70
Preferred
62
72
60 t
65
Central Leather
91
Bee Stk E x list U U nited J igar Mf g. ,pL 100
95
200
United Copper
Century Realty
73*2 74
100
100
Preferred
100
185
440
Chesebrough Mfg Co 100 420
480
Chio Pneum Tool. Bee Cli cago list
U S. Casualty
10U 226
Pacitlc & Atlantic
25
IjSonthern & Atlantic 25

Few York Btock

Exchange

RiverTeleph 100

IlN Y & N J Teleph...100
U Northwestern Teleg. 50

$3,558,500 $1,643,500

S3
135
113
75
45
110

[

Bin

of 1896

Electric Boat
Preierred
Electric Vehicle
Preierred
Empire steel
Preferred
1iFederal Sugar,com..

4

J D

t>s

.

_.

1

......

......

—

City Investing Co
IlClallin (H B) com
1:1st preierred
ll2d preferred

—

40
U S Envelope com...luo
U Preferred’
100 100
U S Rub 2d pf Bee Stock Exch
93
U S Steel Corporation—
Coltr sf6s ’51 opt ’ll — $111
c Ex
list
74
76
Coltrs f os ’51 not opt.. $112*2
U S Tit Gu * Indem.100
i S2H»
Utah
97
101*2
Copper Co
10 t 38
Westchester
*
Bronx
55
60
175
Title * Mort Guar. 100
4
2*a
27
5
7
Western Ice
loo
17
Westingh Air Brake..60 ♦ 165
35
1}West Eleo* Mfg—
8
Con sf 5» Bee Stock Exc h. list.
11
Exch ist
White Knob Min
10
15
20
Preferred
10
2*2
11
11*2 Worthing Pump pref.100 116

loo
100
100
100

loo

104
93

Ry Ltg<fc Refrig. 100

Consol Rubber Tire..100
Preferred
100
Debenture 4s 1951 A&O

Cramps’ Sli&En BldglOO
100
*,iCrucible Steel
Preierred

100
on

77*2

St'k Exch., but not

Jt&wi -ntwr

112
110

39
180

27*4
165

...

Cons Storage Batteryioo
Corn Prod Ref Bee Stock

Ex-rights.xEx-div. i New stock. liSeLLs

tut

•.....

Colo Industrial. Bee Sloe
Col & Hock CoalAl pf 100
1st g 5s 1917
J-J
Col tT 6s Oot 1956..J-J
Cousolid Oar Heating 100
Cons

iOd
110

1"

Af* .'"iMl 'i

2*4
120

’

a very

aotrre security.

i

>r itr

-f-wtrwv Tfl e

’

1

*
*

BOSTON STOCK EXCE4NG-E—Stock Record, Daily. Weekly and Yearly
*>imre Price* >oi

Saturday

Monday

Feb 2

leb 4

232
232
i 49 4 149 4
149 41494
280
230
*232
235
160
160
160
160

230

1C2

160

165
*300
805
•800
306
27 *2 27*5
27*4 27*4
*
76
76
157
157

133

133
•110
*89

’

91
lob
20

*

*19
*69

-231*

133

24%

Feb 8

233

233
150

1044
*984
233 4

1044
Do
100 4
Boston
235

150

150
230

230

19 4
69 4
23 4

183 wj 184

93
96 4
96 **
*100
101
100
170% 170% *170*4 171
*90% 91*3 *90 4 914
*93
100

170

934

94

109

108% 108%

170
94
109

198

198 4

*198

93

94

100

100

93 4
109

93

93 4

108

93 %
109

93

4

109

93
108

9.4 Hi
109

Last Sale

274

Last sale 60
Last sale 147

*224
*91
12 4
30 4

24
....

13 4

134
314

92
12

4
304

99 4 100

9y*i 100

111

65
85
2UO

*44

44

'110

56
*674
87 4
*87
874
*120
120
120
6i

1114

228

228

65 4
85
202

64
85
201

65
85
203

6
f>7
87 4

23
94

124
304

12*1
31

1304
129

150
12S
•32
100
Last
Last
22 4
*8 4
227

814

314
100

100
110

1114

227

227

1594 1594
65
65 4

’

169
1594
104 104
*1094 1104
22

*21
*26

274

*34

10

169
11
110
*21
*26

10

10

169

169

9
80

64

64

5

49

61

134
*14

13 4

14
14
16*4
314

164
31
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174

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63
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214

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84
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304

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55

166

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134

186

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22

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304 314

46%

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37

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27%
70% 70%

37*4 38%
71% 71%

12
63

63

12
63

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71% 72
6

12%

8
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190 190
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63

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188

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17
32
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167

167
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145

11

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13

187
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pref..

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90
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pref

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pref.
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ler

1284

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100 4
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pref
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Jan ’07 Boston Land
110^2. Jan ’07
*22
22-v Dominion Iron A St
•84
8‘4 East Boston Laud
Edison Elec Ilium.
225
226
160
160
65
65
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85 4
pref.
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201
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44
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87
4
874
pret.
123
124
Nov’06
2

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Sep ’05
171

170

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pref-.

106*4

198
17
67

8G% J’ly 1104 Sep
Dec
Auk
Dec
Dec

2
7 147
2 k23«>
7 1G0
3

152
231
162
16 •

Jan

Jan 8 280
Jan 18 135
Fob h 110

Jan
Jan

Jan
Jan
Jan

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Jan
Jan
300*4 Feb 1
28*i J an 2
80
Jan 23
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160
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*20

Jan

8 198

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71 He Jan
25*4 Jan 3 25*4 Jan
717 183 * Jan 22 190HzJan
7b

4
4

Jan 22 160
Feb 2 226
27 197*2 Jan 26 200*4
52
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52
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56
57
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45
70 45
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61 93
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113 100
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149 90 H Jan 18 1)5
107
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153
159
1 226

0
0
0
0
0
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100

2464 Apr
180 4 Apr
Oct 175 4 May
314'-! Apr
25
Jan
39 4 Apr
72 4 Jan
90
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Jan
1874 Nov 190
Mar
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uct 163
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8 N5
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9
132
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Jan
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3
95
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95
Jan
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2

Jan

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91
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155
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50
65
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65
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95
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sep
91
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:
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92
Jan
07
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147

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21°ft Aug

9
9

2
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257 4
160
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2

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21
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90
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10
4 Dec 29
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14% Jan 8
26
33
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Aug 46 Apr
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131*4 Jan 1» J .30
28
134 H Jan 2
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102 Hz Jan 8 ] .00*4 Dec 110*4 Fobr
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4
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3*4 Jan
115
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24% Jau 9
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i 62
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44
66 % J an 1»’
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86
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sen
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3
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27
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57
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80
90
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126 Jan 7 1

26
95

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j

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63
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28%
pref.
45 4 U S
Do
1064 105*4
pref.
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Dec’06
8
8
79
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pref
Jan ’07 Westing El & Mfg..
78 4
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75
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pref...

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9 4 Jan
11
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23
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26
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69
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131

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Jan
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50 4 Oct

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sep
17 h Jan
98 *9 Jan

9
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82
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78 Hz Jan lb

8
79

78 4 Jan ib

Nov
73*4 Oct
76
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98

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44 Dec
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7

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350

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Jan ’07 Arnold
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1 Hi Jan 30
24
2
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17
164
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1,395 14
314
317§ Bingham Con Min«fc S
2,766 30 Jan 3o 37 Jan 14
Bonanza (Dev Co)...
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30*s
314
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374
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191
198
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952
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950
104 395
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43 4
38
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50 60
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pref
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3
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554
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Franklin
2 7*4
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29
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151
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6,735
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ji
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314
304
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8
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Mexico
Cons
M
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2
13
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l47s
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144
22
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92*4
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185
14
14 Montana Coal<& Coke
1*4 Jan 18
2%Jau 9
X
evada
Consolidated
17*4
1,555 17
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Butte.
115
1134
4
12,215 09 Hi Jau 30 ,2o Jan 5
Old Colony
3,810
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2H;Jan 4
58 ‘4 Old Dominion
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11,715 62
166
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166
607 .57
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25
33 4 Parrott (Silv<fc Copp) lu 2,b05 26*4 Jan 2 35^ Jan V4,
33«
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1
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24
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f3 Jan2t
141
144
Jan 9: .48
Quincy
25 34,795 .14
Feb 6
11
114 Rhode Island
25 20,373
8*4 Jan 2 12% Jan 16
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64
876
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7 Hi Jan a
23
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314
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14
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114

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156

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155
Tamarack
Jan ’07 Tecumseh

1^81

Tennessee

49

924 J’ly 118
8% Aug II4 5
57 4 May 74
2 4 J’ly
154
24
4 J 'lie
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49*8

...

1<ast Sale 32
48%

Do

165
298
25

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7
8

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134

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0
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Jan ’07

24
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133
130

54
68

304
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23

71% 72%
62%

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30 4

84

37% 38%
11%

,

*14
144
22 4
924
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17 4

46%
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46% 46%

17

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1.

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va le
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49

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salt

1134

84

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146

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68
112
48

14
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214

17

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184*4 146

10%

45 4
104 4 lo5 4

8 4

174
1104112
2
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166

447g

Last salt
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284
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21
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25

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0
0
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11
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11
111
1114
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Jan ’07 Torrington Class A..
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Do
Dec'06
pref
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3 4
Union Cop L’d & Mg.
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34
28 4

49

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16**
30 4

170
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1104 1104
169

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9

13 4

158% 159
65 4 65 4

284

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63
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14

9
2'27

64

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47

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68

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35 4

4

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144

30

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64

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104%105

49

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134
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284

414

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112

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182
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70
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106

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9
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34

43&s

43*8 438s
1053s 1063ft

-84

22
27 4

Sale

Oct ’05

Last salt
Ijast Sale 13 4

168 4 169 4
11
11
110
1104

11

1284
32S
100H

85
202
4 4
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57
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123
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106
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284 284

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34

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130

86
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4
10

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128

121

5

124

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57
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121

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85
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122
123

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24
94
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9

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228

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23
93

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....

227

65
86
201

934
13
31

30

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4
228
1594 1694

23

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130
131
130
130
128 4129
32
32

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8

228

4%

12%

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111

85
201

92

304

99% LOO

644

224

92

130 4 1304
128 4 129 4

131
131
129
129 4
314 314

*184
*84

224

31
130 4 131

3l%
1303s l.ioag

*110

,

0

Jan ’07
Do
Jan ’07
pref..
Rutland pref.
45
Seattle Eleoti
Do
pref.
Union
174
Do
Jan’07
pref..
Vermont & Ai
West End St.
94
Do
1084
pref..
Oct ’06 Wisconsin Ce:

'

171-4 1728s
*904 917s
*108

1984

1984 198 4 199
Last Sale 59
Last sa le 56
15
’
96
96
100
100
10O
173
173 4
173 4 1737s 174
*904 914 Last Sale 93

’

Lowed

Highest

997fcJ;m8( 107 Hi Jan
Feb r '101% Jau
../in 1; 239 Hi Jan

z
98
11 225
81 14'

0

198

94

43(

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m
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0

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226

226
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*

Boston

159
160
Boston A Maura....
159 H
160
Last Sale 165
Do
Jan’07
pref
*300
305
*300
305
3004 300 4 *300 306
274
27 4 274
27 4 274
BostonAWor
Elec Oo.
274
274
*
►
Last Sale 76
76
70
Jan ’07
Do pref
Chic June Rv & U S Y1
156
156
118
118
Do
pref
1
Last Sal f 187\ Nov’06
Last Sale 158
Not’06
280
280
133
13*3* 133 4 133 4 134 Fitchburg p ref.
*133
133
*ilO
110
*110
Ga Ry & El<
107
107
Last Sate 90
91
91
*89
*89
Do pref
Dec’06
Last Sale 198
Jan’07
19 Hz •12
19
19
*19
20
194
19 4
70
69
69
*69
69
69:
69
Do
69
pref.
Jan ’07
*227s 234 *23 4 244 Last Sale 254
1S4
N Y N H & Hart....
183
184
183
184
184 4
183% 184
Last Sale 159 4 Jan’07 Northern N H
159

'

Lowest

8

Q

Range tor f*rte%o%e
Year (1906j

1907

,

Railroad*

233
150
230
160
165

'

br"*

STOCK

EXCHANGE
1

10241024 '102*4 103 4
08
98
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232
160

BOSTON

...

91
193

194
6.* 4
•22 4

184

Friday

Feb 7

•

'

70

184

133
110
89

Thursday

Feb 6

232

Karuje tor Year

STOCKS

Wednesday

lOOSg 101 <4
*984 994

232

149

149

Tuesday
Feb 6

10038 1003s
•9*4 99 4

•1003s ]0t)8«.
*99% 100%
231
232

Per Ceiiim Price**

1

31

120

364 Trinity....
36,698
734
74*8 United Copper
lou 5,120
Last Sale 95
Do
Dec’06
pref
12
Unit States Coal AOil 25
114 11*4
680
114
63
64
634
63*4 U S Smelt ReLAiiin.
5,188
46
46
46*
46
Do
pref
50 4,286
724
724 73 4
?? 4 Utah Con (G«M)
5 8,424
8
8
8
8
Victoria
25 1,545
12 4 12% k 13
13
Winona
25
645
192
200
196
2u0
Wolverine
26
134
3
2*4
2%
24
Wyandot.........
25 1.535

•Bidaudasked'jiricesj.nj saLes made on^Chis day.

.......

jj-Now stock.

26

J’ly
May

*

z0*8 Mai
“

J’ly
i
6
^

49

Feb
Deo
Feb
Nov
Deo
Jan

4 Feb

•90

oot

354 oct
42

Oct

J’ly 184 Deo
May 900 Deo
J’ly 404Dee

70
Jan
86 4 Jan
Mar 21 4 Nov
61 4 Oct; 84
Feb
Nov 122
MU
1113
3 4 Deo
14 J’ly
•36

Dec

i’iy

L4% Mu) 2o4 Sep
Dec 140
Deo
1 *1
L94J’ly 33 4 Deo
44 Jan
74 Jan
L64 J’ly 294 Jan
6 h J ’iy
124 Jan
14 Jan
'< Lo J’ne
lS
Not
14*4 Deo
22% Deo
85
Deo
^
74 Feb
1*4 Dec
1
Jan
23*s Oct
'4*4 Mar 11.4 Oot

r r0

J

1 13

J’ly

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2

4 Deo

66*4 oot

Mfii 151
Dee
48 Jan
‘t 10 May
24 Deo
1 10 J’ly 114 Jan
3% J’ly
94 Deo
14 J’ly
54 Nor
5*4 Jan 18 4 Not
.19
Jan 4] .70
Jan 14
1
J’ne 122 Jan
9
28
Jan 2 S2Hz Jan 10'
Apr 30 Deo
47 Hi Fob' 6 5&HzJan 8
t
May 52 Jan
J’nei 2t» 4 Deo
7*4
2lHiJan 2 42% Jan 24
78 Fob
70 Feb 1 76% Jan 16
6
Jan III
A.
Fob
t
10
Jan 3 13*4 Jan 22
94 sap
144 Mar
Jan
Mar 66
62
Jan 30 70
Jan 2
1
47 4 sep
Mas
4
45*4 Feb 6 «9 Jan 7
63
Jan 14' 1
Jan 2 79
.J’ne 69*4 JOB
84 UM
8 Hz Jafi 14
7*4 Jan 10
5% Nov
4
11*4 Jan S 14 Jan 23
J’ly 13%Oct
Jan 190
Doe
89*4 Jan 10 J .92 Jan 23 11
2 *2 Jan 7
2*4 DOO
3% Jan 22 [j *7
J’ly

t Ass’t jiaid. f Ex-rights.

i *3

:2»4 J’ly

"

'

a

Ex-div. A righto

Feb. 9

Boston Bond Record.

1907.1
£

BOSTON BUOCK EXCH’GK
WXKK

11

BXDDCCJ FEB 8

Range

Feb 8
Bid

1908 j-j
1 cell tr 46.1929 j-j
j.j
M-S
A-O
Atsh Tod A 8 Fegen a 4s.. 1995
Nov
Adjustment g 4b. . J ’ly:
Boauni Elect Li/hi ist Os.1008 MS
Gob soi 6s
1924 M-S
1907 J-D
Boston A Lrf>well 4s
1910 J-J
4s
Boston 6k >lame 4 4s
1944 J-J
Boston Terminal 1st 34s.1947 F-A
Bar 6k Mo Itiv ex 6s
191b J-J
Non-exempt Os
191b J-J
Sinking luml 4s
1910 J-J
6k
Boston
1st
Butte
6s....1917 A-O
Cedar Hap 6c Mo R 1st 7s. 1916 M-N
24 7s
1909 J-D
Cent Vermt 1st g4».. May 1920 <^-F
0 B 6k ss Iowa Div 1st 5s. 1919 A-O
Iowa I>iv 1st 4s
1919 AO
Debenture 5s
1913 M-N
Denver Ex ten 4s
1922 F-A
Nebraska Exten 4s
1927 M-N
B 6* 8 \V s t 4s
1921 M-S
Illinois Div 3 4s
1949 J-J
Joint bonds See Gt Northern
Ohio Jc Ky 6c Stk Yds 5s .1915 J-J
CoLl trust refunding g4sl940 A-O
Ch M 11 6k St P Pub Ii 08.. 1920 J-J
Ch M 6t St P Wis V div 6s 1920 J-J
Chic 6c No Mich 1st gu 5s.l9:;i M-N
Chic A W Mich gen 6b....1921 J-D
Concord A Mont cons 4s.. 1920 J-D
Conn 6c Pass It 1st g 4s... 1943 A-O
Current River 1st 5s
1927 A-O
DetUr Rap 6c W 1st 4s... 1946 A-O
Dominion Coal 1st s f 5s.. 1940 M N
Fitchburg 5s
190* M-N
4s
1915 M-S
4s
1927 M-8
Frenil Elk A Mo V 1st 6s.. 1933 A-O
..1933 A-O
Unstamped 1st 6s
Gt A or <J B A Q coll tr 4s 1921 J-J
A«n Bell Tttli
Am Teisp &

iM6 4a

•S-c

Week1*
or
Last Sale

Price

Frida*

o

A

864
867&
T]^7 4 Nov’06
104
Mar’06
99*81004 99*4 Feb’07
y2
Jan’07
90 4 92
110

Low

v

97 Hi

39

loO

89*4
11*5 4

96
104 4

104

99*4 11034
92*8 07

Feb’U4

1044 Apr’00
101
114
1124
107 4

101
114

Mar’06
Jan ’03

Jan’07
102
Sep ’05
99*8 Oci ’06

107 4

99

98 4

Sep’06

114

107 41114

99*' * 9*97e

100
J’ue’01
123 4 Nov’i'6

■

101=8

123 4.123 4

lll^J’ly’Oo
b54

S534 .Sale

109

86

86

May’05

100 4
1004
102 4 J’ly’Oe

101
100
102 *5 104
99
100^

994
99*4
1024 J’ne’06

9934 Sale

90

l027g 105 4
97 Sj 00 ^

JSta

Mioh

1917

Teleplst 5s

914

101
95

..

1U0

1014Sale

112 4
104
89
100
103 4
103 4

90

„

_

^

n

.

»

«

.

94 4 Sale

944

pays accrued interest in

103
101

-

103
105

1014 1014

Jau ’03
Nov’06
Jan’07
Jan'1*7
Sep ’05

100
90
98

106
97
101

Apr’05

1004 Oct ’UO
1344 Nov’OO
140
Apr’05
94 4
94*4
94*b
94 4

.

......

103 4107
97
99*4
122
124 4

1014
iOlS1014 J’ne’06

97

1921 <^-J

Note—Buyer

102 4
102 4
96
Feb’07
122
Apr’06
126
Feb’05
Jan’o7
100

102

944

00‘S

09

*4 102^
134*« 137 4

25

964 10134
964 1014

2

addition to the purchase

*

r>a<e

j.ust

1,00'

ASH

Kn->u>e

t-r

Year
iu<m

13.

H< l/h

Lo<>
100
I on
122 4
97 4
107 4

0941004 OH)7*, Oct
1004 lth)V Jan ’b*i

......

12? 4 Nov’o**
HS
Jan *97
98
99 fl024 Nov* 06
118\
11-04
118^
94 4 Deo ’OS
;0
91
92
92
Jan ’07
1004 101

High.
1014.
101 4

1-24
10O
lor.

11-4 123 4
94 4

99 4
94

9J

10O
1044
10l"4 102 4
U3\ 115

1<M'4 Sep *t>6
113 fv Nov’06

1014 Sep ’»).’*
118
Ma>'04
80 4 Jan ’07
204 Oct ’06
17 a4 Aug’oO

85 4
26

84
24

JS

Minne Gen Elec con g 5s 1929 J.J
New Eng Cot Yarn 5s.... 1929 P-A
New Eng Telepli 6s
1907 A-O
6s
1908 A-O
5s
1915 A-O
New England cons g 6a.. 1945 J-J
1939 A-O
Boston Term 1st 4s
Old Colony gold 4s
1924 F-A
Oreg Ry 6k Nav con g4s.. 1946 J-D
oreg Sh Line 1st g 6s
1922 F-A
Repnb Valley 1st s I 6s... 1919 J-J
Rutland 1st con gen 4 Vs. 1941 J-J
Rutland-Canadian 1st 4sl949 J-J
Savannah Klee 1st cons 5s. 1952 J-J
Seattle Elec 1st g 5s
1930 F-A
Terre Haute Elec g 5s.... 1929 J-J
Torrington 1st g 5s
1918 M-S
Union Pac RR A 1 gr g 4s. 1947 J-J
1911 M-N
1st lien conr 4s
United Fruit convgen5s. 1911 MS
U 8 Steel Corp 10-60 yr 6s. 1963 M-N
West End Street Ry 4s.. ..1916 F-A
Gold 44»
1914 MS
Gold debenture 4s
1916 M-N
Gold 4s
1917 F-A
Western Teleph & Tel 6s. 1932 J-J
Wisconsin Cent 1st gen 4sl949 J-J
Wisconsin Valley 1st 7s.. 1909 J.J

for ail boston Bonds.

price

Range

/>♦> 9

Illinois Steel deben 5s....1910 j-j
Non-e<rirrer»rtebe« 5s...1913 A©
la Palls Ahioox Cist 7s.. 1917 A-O
Kan C Clin 6k Spr 1st 5s... 192* A-O
Kan C Ft S & Quit 1st 7s. .1908 J-D
Kan C Ft Scott <V M 6s
192 8M N
Kan C M A B gen 4s
S
1994
1934 IMS
Assented income 5s
Kan C 6k M By 6k Br 1st 5sl929 A-0|
Kan C St Jo* C B 1st 7s..1907 J-J
Maine Cent cons 1st 7s... 1912 A-O
Cons 1st 4s
1913 A-Oi
Maro Hough A Ont 1st 6s. 1925 A-O
M ex ican Central cons 4s.. 1911 J-J
Jan 1939 Jly
lstcons me 3s
2d cons inc 3s
Jan 1939

kl
Registered 4s

984 Dec’Ou
914
914

/'rider*

n

High

5

98

Myfv'.'

Prsce

BOSTON STUCK EXCH'dB
Week Man ins feb 8

Year
1906

Or*

High

A9k Low
98

984
80*4 Sale

ItOJUh*

Rang*

S

333

1024 Ang’04
99*4
10O
99 4 Jan *07
994 Jan ’07
1004 Jan ’07

99*4 Sale
994

103

97
10<*

1004 1014
104

107

1014 1014

1121*8 Mar’06

1121411214

lOJ
Jan ’o7
1074 Nor*05'

103

103

Mai’02
98
984
103 4109

984May’06
104
Oct ’Oe
102
Dec’0.7
994 Nov’08

99 4 100

100*8 Feb’07

1024H044

1150 4 Am’06

11504 155
105
1124
H96 11004
100 4 1024

1074

*9941*004

1004
1014

1014 Sep’06
1K«4 Jan ’05

102

1064110

84*4
26 4

754
194

H'«9

1074
Jau ’07

100 4 Jan ’07
102
Jan ’07
99 4100 s 1024 Jan 06
99 41004 lot* 4 Jan'07
96
96
1J974

102 ^ 103 4

10241024
1004 1024
99

....

103 4

fl94 4 Sep ’05
109*8 Aug’06

No price Friday; latest bid and asked.

^ Fiat price.

Philadelphia and Baltimore Stock Exchanges—Stock Record, Daily, Weekly, Yearly
Share Prices—Not Per Centum Prices

Saturday
Feb 2

AIoukluh
Feb 4

64*4
*20 4

944

944

954

21

21

21

luesaay
Feb 5

Weunesaau

Thursday

Feb 6

ieb 7

Friday
Feb 8

ACTIVE STOCKS

Sales

(For Bonds and Inactive
Stocks sec below)

of the
Week
Shares

Range tor Year
1906

4

Lowest

Highest-

Range tor Previous
Year(1906)
H kg hoot

Lowest

Baltimore

*48 4

12*4

44 4

12*4

60*e

50**

434
104
*64

44 4

*84
•144
98 4

70*4

*434
*124

10**

*6*4

*34
*14

99

984
70

70^

2
64 4
44 4

•j

64«4 65*8

45

15

10 4
7 4

914

*27

6b
92
2b 4

*45

67*8

92
*27

21

21

46

*50*8
437a
10*8
*6*4

51
44 4

12*4

10*8

984

98 4

70 4
2
65 4
44 4

69

707a

15

*14 4

%

2034

593* 6Oi»i0

45

45

*44 4
67 4

45

924

92
*27

929b

Bin

Ask

Pill 1 .AD El, P111A

57 4

ei»h

Cambria Don.
Lx

..50
100
100
..10
..10
Easton con Electric t>.50
Elec Storage Batt....l00
Preferred
100
Ft Wayne AW V
100
Germantown Pass
60

Indianapolis St

11H
4

4

64

SmtedN
RR &pref..50
C.. 100
nit TracJ Pitts

1164

‘2*24
25
94

59
63

63 4
3

94

944

70
105

464

64

4

....

7 4

36

*14 4
98

15 4

.

23

*674

924

94
29

94
*27

94*4 United Gas Iinpt.

50

*27

Bethlo Steel 6s 1998.Q-F
Choc* Molsto.s 1949 J-J
Ch Ok <fc G gen 5s ’19 J-J
Col St Ry 1st con 5s 1932
CouTracol N J 1st 5s.’33

Eq II Gas-Llst gos 192b
H 6c B Top con 5s ’25 A-O
Indianapolis Ry 4s.1933

95
106

4

174

.

•

•

•

•

2*63**

59

84

112
90
107

844
664

Interstate 4s 1943 ..F-A

Lehigh Nav 44s ’14.Q-J

RRs 4s g
1914.Q-F
Gen M 44s g.l924.Q-F
Ill
Leh V C 1st 5s g ’33..J-J
Leh V ext 4s 1st 1948. J -D d.0534
2d 7s 1910
M-S 109
J-D
Consol 6s 1923
1214
Annuity 6s
J-D 149
97
Gen cons 4s 2003.M-N
Leh V Tran oon 4s ’35 J-D
New Con Gas 6s 1948 J-D 105
Newark Pass co» 5s 1030 109
NY Ph& No 1st 48 *39 J-J
Income 4s 1939...M-N
N oOhioTrac con5s* 19.J-J
Penn gen 6s r 1910.. Var 108
Consol 5s r 1919...Var
Penn 6k Md Steel con 6s.
Pa & NY Can 5s ’39.A O
102
Con 4s 1939
A-O
Penn Steel 1st 5s ’17 M-N

47 4
9

674
94

......

urn*

112
108
.

.

_

.

_

_

151

974
6b

99*4

Un Rys Tr.ctfs 4s’49JAJ
United Rys Lnvlstcolltr
8f 58 1926
M-N
U Trac Pit gen 5s ’97 J-J
Weis bach s f 5s 1930. J-D
Wlks-B GAE oonds’55J-J

pref

100

104

64

Anacostia A Pot 5s
*.
Atl A Ch 1st 7...1907 J-J
Atlan C L RR4sl952M-&
Atl Coast L(Ct)ctf8 5s J-D
Ctfs of inaebt 4s
J-J
6-20 yr4s 1*925.,.,..J-J
Balt CPass 1st 5s ’ll M-N
Balt Fundg 6s. 1916 M-N

1024

P Co 1st* col tr 5s’49 M-S
Con* col tr 5s 1951M-N
Phil Elec gold truat ctfs.
Trust certify 4 s
P & E gen M 6 g ’20. A-O
Gen M 4a g 1920.. A AO.

108

10*8 4

1014 1«‘2 4
99 4 100
684 69
1114 1124

U 4>7.5u paid.

-1

‘100

98
106
87 4
88

103*4
110
102
108
110

Exchange 346 1930 J-J
Balt A P 1st 6s ml’ll A-O

Balt Trac 1st 5s.. ’29 M-N
No Bah Div 5s 1942 J-D
Convertible 5s. ’06 M-N
Cent’l Ry con5sl932 M-N
Ext A Imp 5s. 1932 M-S

tSlipead.

! 610 paid.

*

234 Jan 15

Apr'20 a54

Jau19

Si

Mai'20

y*io Oct 17

43°8 Apr 16 4716i0 Jan 23
447s May 2 61 Jan 23
584 Dec 18 65
Aug‘21
l)ec27

25

Ask

114

108

{ »20 paid

101
32

Feb 16
Mar 1

Jan

......

98 4

......

49

20

31

Feb

Chas City Ry I st 5s ’23'J-J
Clias Ry G A El 5s ’99 M-S
Chari C A A ext 5s.’09 J -J
2d 7s
1910 A-O

Col AGrnv 1st 68.1910 J-J
Consol Gas 6s... 1910 J-D
1939 J-D
6s
Ga A Ala 1st con 5s ’46 J -J
Ga Car A N 1st 5s g ’29 J-J

Georgia P 1st 6s... ’22 J -J

MetSt(Wash)lst5s’26F A

Mt Ver Cot Duck 1st 5s.
Incomes

N AO P 1st 6s’38 M-N
320" Npt
General 6s
1941 M-S

Nev

Bid

Ask

105
93

107
96

1114
109
108

ib’^4

1024 1034
102

103

103*1 1044

109 4 1094
108
.1084
1074 108
116
110
1104
66
664
244 26
104 4 107
114

ll'J
834
96

108
North Cent 4 4s 1925 A-O 107
113
J-J
Series A 5s 1926
112
Series B 6s 1926....J-J
110
110
Pitt Un Trac 6s 1997. J J
86
114
7 4 Poto Val 1st 6s 1941..J-J
112
Sav Fla A West 5s ’34 A-O
80 4
Seaboard A L 4s 1960 A-O
1034 Seab A Roan 5s 1926.J J 107
South Bound 1st 6s..A-O 109
92
984 U El DAP 1st 4 48*29 M-N
U n Ry A El 1st 4s ’49 M-S
89 7s
67
88 4
Income 4s 1949
J-D
Va Mid 1st 6s 1900..M-S
80
2d sariss 6s 1911...M-8 109
1014
109
3d stries 6s 1916..M-B
U2
4th ser 3-4-6* 1921. M-S 109
102 4
5th serlse 5q 1926.M-S 110
110
93
112
Va (State) 3e new ’31.J-J
Fund debt 2-3s 1991 .J-J
116
93*8
West K C con 0* 1914 J-J *107
WesVaCAPlatSg'll J-J 106
WU 6q Wald 5S..193&.JJ
1144

’1*1*3”
84
100

'

Norfolk St 1st 5s ’44..J-J

,

a

Jan

254 Mar
IO04 J’lj 1234 Nov
624 Jan 90 4 Nov
2 4 Deo
54 Jan
&**ie May 734 Aug
56
4 Now
404 Jan
8
J’ne 12 4 Apr
1 174 Jan {36
Apr
394 Jan 71l8i« Nev
45
May 47 % Aug
60 4 Nev
42
Jan
684 Mar 634 Get
90
J’ne 1264 Apr

GaSo A Fla 1st 5s 1945J-J
G-B-S Brew 3-4s 1951M-S
2d income 6s 1951 M-N
Knoxv Trac 1st 6a ’28A-G
LakeR El 1st gu5s’42M-S

94
13
33 4

124 Feb
174 Jau

84 Dec
Nov
36
14 4 May

City A Sub 1st 5s..’22 J-D
City A Sub(Was)lst5s’48
Coal A 1 Ry 1st 5s’20F-A

1*0*0*

544 Apr
32
Dee

244 May
10 4 Jan

BALTUIDItE

......

93

100

’

Jan 4
Jan 19

Deo 21 118

90

Bonds

ill

14
48

Nov28
Dec 7

74

30
96
82

Dee
Mar

6
31

120

Georgia Sou A Fla...100
1st pref
100

64
16

48

734

324

Not

474 Jan

Jan 27

87*4

......

01 4

64

85

00

34

50*4 Sep 10
30*4 Jan 5
11
May 9

394 Nov30
124 Nov20

Dee

214 Jan
Mai
b3
12 4 Apr

87

275

May 90 Ayr
May 1104 Sep

Jan 16

84

110

BALTIMORE
Inactive .Stocks
Ala cons CoalA Iron. 100
Pref
100
Atlanta A Charlotte.
Atlan Coast Line KR.100
Atl&n Coast L (Conn)lOO
Canton Co
100
Cons Cot Duck Corp...60
Preferred
60

G-B-S Brewing

‘*9*5*4 I06 4

*,j Ex-rights.

1930.

83
99

19

*

Koch KyA Leon 5s’54J-J
U Trac Ind gen 6s’19.J-J

2d

108
112

People’s Tr tr certa4s ’43

prices; no sales on this day.

111
106 4
103 4
120
1004

Ex Imp M 4s g ’47.A-O
Terminal 5s gl941.Q-F
P W 6k B col tr 4s’21.J-J

Jan 17

cl9 4 Dec3i {3i4 Jan 2 <
664 May 3 83 Jan 23

Bid

Portland Ry 1st 6s

Dec 22
Dec 27

6,367 1jbl4Mayl6

110
100

103
LU14
118
110 4 1114
104*4 105 4

91*4 Mar3o
62 4Jan 5

04 Dec 7

10
180

50

Ask

100*4 1014

32

Sep 20

47

126

109

Dec24

May 2 86 J’ne 8
17ia Oct 8 31*10 Jan 10
61*8 J’ly 3 78ilie Jan 22

29

Bid

PHILADELPHIA

22
85
48

J’ne20

J’ly 3 1114 Dec il

14VNOV26

895

50 6,003
50 1,566
25 2,735
50 4,637
60 49,994
8
50

574

45 Si
40 4

J*n© 7

565 100
4,091 65

100

Marsden Co

50

61*4

1
.5

Lemgh C 6k Nav tr ctfs. 50

084 Union Traoton

21-4

*45

92*4

15

*44 4
45

21M

60*4 02*10

800

Do
pref tr ctfs ....100
Lake Superior Corp....100

*

71*16

131

92

82
97

13

7,461

10*8 Electric Co of America 10
7
Gen Asphalt tr ctls ....100

86

57 4

21

*444

92 m

Philadelphia
American Railways.... 50
50
404 Cambria steel

984
714 72
O
14
65 *b 651*i4 66 4
46 Si 40 4
454

7i«4« 71*10

46 *s

574

*144
98 4

264
270

5034

Pennsylvania RR
Philadelp’aCo (Pittsb).
Philadelphia Electric!.
21-V Phila Rapid Transitc..
62 4 Reading
45
Do 1st pref
Do
45
2d pief

45

45 4

57 4

90*8
714
17g

10*8

*6
•35

611
658

60
Northern Central
‘Jl3* seaboard (new)
100
Do
1st pref
..100
44
Do
2d pref
100
12 4 United Ry 6k Electric.. 60
95

ii'tiv ii8»4

2

.

174

estmoreland Coal..*.50
likes Gas & Elec.. 100




95
7

94

67

Bid and asked

10*8

*34

......

Warwick Iron 6k Steel. 10
West J ersey & SeaSh.50

*

604
454

Elec <fc Peo Tr stk tr ctfs

Susquen Iron 6k Steel..5

Tonopah Mining of Nevl
Union $Tr of Ina.
100

467h
104

E * A 1st M 5s 1920 M-N

Pennsylvania Salt
50
Pennsylvania Steel.. 100

10
..10

50*8

45 4

124

Berg&EBrw 1st 6s.’21 J-J

744

......

Preferred
50
K eys ton e Watch Case. 100
Lit Brothers
10

Preferred

604

*124

Balls Ter 1st 5s 1926. J-D

84

Tidewater Steel

44

70
1*4
664

74
21M 214
60 4 614
si

44
13

4b

Keystone Telephone ..50

10

2
66 4
45

214

AinRyseonvGs 1911.J-D
Atl City 1st 5s g ’19.M-N

22
24 4

Railways General

984
71

214

8*4.

...100

Preferred
?100
Phila Co (Pitts) p;
jref...60
Phil German & N<
f orris. 50
Phila Traction
50

104

7 4
36
15

05

**6*fk

Indiana Union Tr
100
Insurance Co of N A.. 10
Inter Sm Pow A CbeniSO

Little Schuylkill
50
Minehili A'Schuyl H..50
N Haven Iron A Steel.5
Northern Central..../.50
North Pennsylvania..50

12*4

95

Bonds
A1 Val E ext 7s 1910 A-O
Alt &LVE1CO 4 48’33.F-A

Allegheny Val pref...
Amer Gas of N J

43 4

74

*27

23

inactive Stocks

.50
..10
100

70 4
l7s

*44
*45

46
67 *6
29

10*8
♦6*4

*34
15
98

45

7i»ie 7i*ie
203d

944
214

*50*8 51
449b 45

644

05
45

644
45

96
21

*43 4

74
36
15
98 4

36

77e 71*16
20 4 20*8
20*4 •/• 1*4
69 4 60718 591*16 607ie
'44 ^ 45 4
44*4 44jj
40 *a

944

*434
12 4

36

7^16 71*16

•45 4
*67 4

964

*

60*8 50«b
43*4 44

10*8
7*4

36
15

45

94 4
21

Rssespes.

b $25 paML

0 $80

1*16
116

81

iio
93
90

674

rrr
94

944
110

1064
116

paid.

334

THE CHRONICLE

[Vot*

LXXXIV

fiuuestramt and Railroad Intelligence.
RAILROAD
The

following table shows the

Gjross

earnings of

GROSS
every

be obtained.

EARNINGS.

STEAM railroad from which regular weekly

or

monthly-returns

The first two columns of figures s^ive the sjross earnings for the latest week or month, and the last
two
columns the earnings for the period from July 1 to and including
such latest week or month.
We add a supplementary
statement to show the fiscal year totals of those roads whose fiscal
year does not begin with
can

July, but

period.

The returns of the street railways

are

Latest Gross Earnings.
ROADS.

Week or
Month.

Current
Year.

brought together separately

_

_

.

__

Current
Year.

Previous
Year.

5

5

1,722,612
823,671
856,551

1,481,396
696,214
624,465

18,024

16,892

45,576.509 39,868,439
1,780,293
760,466

Maryland & Ponn..
a

Mexican Central..

a

Mexican Tnternat.
Mexican Railway.

a
a

Mexican Southern

Michigan Central
Mineral Range

Minneap A St Louis
Minn St PASS...
Mo Kan & Texas
Mo Pac A Iron Mt._
Central Branch..
Total
b Mobile Jack A K C
Mobile & Ohio
Nash Chatt A St L.
a Nat RR of Mexico
Hidalgo A N E..
Ne v - Ca i - O r ego n
Nevada Central

1,689.070
531,819

12,605,802 11,524,970
41,771,107 38,610,408
1,533,771
1,153,807
20,084
31,153
22,833
23,922
4,910,709 5.323,881
896,200
780,389
957,005
975,771
4,267.500 3,053,100
41,637,473 35,700,976
7,225,594 6,801,838
13,420,719 12.834,285
92,814
77,680
12,583,397 11,864,154
22,513
18,121
6,682,518 6,230,203
5,775,877 5,287,583
3,526,767 3,550,140

31.603,284 29,046,884
35,879,940 32,931,635
7,438,338 6,964,203
1,005,192 1,017,238

1,308,480
7,922,528
153,676
345,370
109,663
209,948
12,544,097
720,996
2,428,522
141,644

1,929,611
27,025,201
8,890
418,911

1,533,291

1,108,975
7,013,215
144,070
291,348
94,594
191,038
11,729,860
638,034
2,345,272
84,274
1,829,109
25,859.988
12,992

388,936
1,437,760

25,890,003 23,646,044
3,431,434 3,134,362
1,053,017
890,788
1,184,782
1,146,574
29,136.425 26,750,189
1,438,821
1,379,297
30,575,246 28,129,486
1,406,155 1,187,724
3.504,039 3,421,818
32,633,429 29,797,770
5,358,555 4,245,177
3,852,037 3,336,352
1 ,886,731

1,769,067

1,169.257
4,389,772

1.087,351
3,613,179

Lehigh Valley
December
Lexington A: East.. December
'Long Island
December

Manlstlque

2,821,530 3,008,659 18,374,243
38,038
276 ,937
41,152
Inc. 54, 198
Inc. 585,
December
79,864
76,731
587.498
4th wk Jan 1,296,735 1,248,784 27,858,136
December
15,319
13,625
82,666
October
26,098
26,195
December
4,448
5,067
45,305
December
26,599
27,723
188,243
December
2,562,707 2,267,865 14,347,574
3d wk Jan
150,894
139,721 4,356,482
3d wk Jan
158,200
148,300 4,041.000
3d wk Jan
26,136
23,957
683,841

17,572.247
262,081
983

457,060
24,832,228
84,572

December
3d
3d

wk
wk

Jan
Jan

January

._

December

York Cen tral.

51,081
194,190

13,498,308
3,687,123
3,570,100
649,848

14,619
23,104
446,052
446,384
101,140
81,546 2,272,410 2,277,276
145,846
232,511
7,415,734
6.979.916
865,001
685,263 15,629,861 13,029,505
1,419,000 1,352,000 27,596,232 25,198,038
49,000
58,000
967,322 1 ,184,313
1,468,000 1,410,000 28,563,554 26,382,351
139,700
02,984
743,021
466.475

hern Rail way.

975,025
289,486
19.441
13.70S
7,232

895,981
266,596

5,688,908
8.235,884

5,262,955
7,439,734

562,783

12,158
3,677

167.430
39,445

142,824
25,233

AGGREGATES OF GROSS
Monthly Summaries.

Cur'nt Year Fret's Year.
S

3d
4th
1st
2d
3d
4th

week Nov

(44 roads)....
roads)
roads)

ll,t94.251
14.843,402
9,912,277

roads)
roads)....
roads)
roads)____

0,943,086
1 1.365,803
8,889,449

week Nov (45
week Dec
(41
week Dec
(43
week Dec
(41
week Dec
(39
1st week Jan
(40
2d wee it Jan
(41
3d week Jan
(42
4th week Jan (35

roads)

10,164.107

roads)

9,256,542
9,337,337

roads)

12,457,962

6

10,496,593
13.763.769
8,989,342
9.531.705
9,331.461
13,162,829
7,819.570
8,522,557
S.982.678

12,040.202

Inc.

or

Dec.

covers some

Latest Gross Earninos.

ROADS.

Week or
Month.

Current
Year.

July 1 to Latsl Date.

Previous
Year.

Current
Year.

Previous
Year.

S

N Y C & Hud River
Lake Shore A M S
Lake Erie & West
Chic Ind A Sou./.

Michigan Central.
Cleve G C A St L
Peoria A Eastern
Cincinnati North.
Pitts A Lake Erie
.

Rutland

other

page.

January
January
January
January
January
January
January
January
January
January
Januazy

N Y Chic A St L
N Y Chic A St Louis —See New
N Y Out A Westcrfi December
N Y
December
Susq A West
Norfolk A Western. December
Northern Central.
December
Northern Pacific
December
Pacific Coast Co
November.
dPenn—East P A E December
dWest P A E
December
Peoria
A
Eastern —See New
Phlla Balt A Wash. December

$

7,412,494 7,185,70S 56,623, 036
3,464,616 3,408,167 35,401 898
413,503
456,165 3,100 934
1 ,431 so;
245,428
194,749
2,2 78,826 2,079,742 15,935, 270
1,828,801 1,864,052 15,061, 105
241,766
262,627 1,839, 489
74,190
70,863
626, 15ft
1,092,1 18 1 ,115,684 8,526, 486
194,895
197,856 1,726, 234
816,297
867,475 5,832, 506
York Cen tral
593 ,282
590,874

4,292,447
267,910
234,385 1.497,256
2,443,109 2,274,241 15,085,678
1,001,940
953,540 6.270,654
5,768,287 5,276,154 36.736,851
601,348
541,549 3,043,475
13025617 11970117 78,413,041
Inc. 35 6,100
Inc. 4,0

,091 ,804

,842,034
,204,087
,272,920
,636.452
,150,789
,916,446
538,445
,900,128

,617,653
,633.294
4,023 779
1,415,883

13,886,876
5,649,754
32,966,206

2.997,210
71,947,141
71 500

York Cen tral.

1,401.803

1

301,203

8,505,638

7,683,938

Philadelphia A Erlr November.
818,908
843,439 4,037,485 3,939.291
Pitts Cln Chic AStT. Decern ber
2,556,255 2,456,374 15,338,025 14,209,212
Pitts A Lake Erie —See New York Cen tral.
Raleigh A Southport November.
9,071
2 5,253
5,363
37,087
Reading Railway._ December
3,514,647 3,414,188 21,042,116
,822,902
Coal A Iron Co.. December
3,968,230 3,424,453 17,992,247
,102,712
Total both cos
December
7,482,877 6,838,641 39,034,363
,925,614
Rich Fred A Pot
November.
160,835
137,822
716,958
645,574
Rio Grande June
November.
71.688
80,712
363,470
308,345
Rio Grande South.. 4th wk Jan
14,566
15,233
367,107
343,814
Rock Island System December
5,159,385 4,542,260 29,957,272 27 ,010,776
e St L A San Fran December
4,372,897 3,787,531 24,391,261 21 ,611 ,406
f Evans A Ter H. December
198,660
172,417 1,208,619 1 .141.141
Total of all llnes. December
0,730,942 8,502,208 55,557.152 IA9 ,763,323
Rutland
See New York Cen tral.
St Jos A Grand Tsl_ November.
126,275
123,981
721,573
665,932
St L A San Fran —See Rock Island Sy stem.
St Louis Southwest- 4th wk Jan
308,597
254,153 6,225,401 5,310,388
Seaboard Air Line.. November. 1,388,093 1,282,559
6,321,615 5,998,086
Sierra Railway
December
35,529
28,412
235,993
184,490
Southern Indiana
December
119 372
135,619
830,050
725,888
eSouthern Pacific Co December
10760428 8,929,173 61 ,570,910 53,603.178
Southern Railway.. 4th wk Jan 1,518,831 1,569,693 32,893,666 31,157,799
Mobile A Ohio
4th wk Jan
357,417
338,195 6,008,295 5,339:248
Cln N O A Tex P. 3d wk Jan
114,818
157,603 4,714,447 4,469,781
Ala Great South. 3d wk Jan
69,028
65,952 2,226,426 2,040,845
Ga South A Fla.. December
199,532
168,453 1,093,467
939,016
Texas Central
3d wk Jan
26,790
21,327
690,664
573,119
Texas A Pacific
4th wk Jan
600,346
531,607 9,800,849 7,766,746
Tidewater A West. September
6,357
7,605
22,446
21,099
Toledo A Ohio Cent December
374,333
355,754 2,517,515 2.227.174
Toledo Peo A West. 4th wk Jan
39,115
40,293
758,977
801,598
Toledo St L A West 4th wk Jan
111,760
103,898 2,471,343 2.484.175
Tomblgbee Valley.. December
5,322
3.938
29,920
22,499
Tor Ham A Buffalo December
67,734
68,456
397,654
368,853
Union Pacific Syst. December
6,419,034 5.575.198 39,026,249 35,817,083
Virginia A So West. January
92,834
85,550
588,318
564,280
Wabash
4th wk Jan
687,780
675,714 16,248,699 14,734,712
Western Maryland. 4th wk Jan
141,657
126,423 3,112,170 2,683,187
West Jersey A Sea’e December
305,374
291,774 3.058.906 2.843,306
Wheel A Lake Erie. 3d wk Jan
95,752
99,017 3,444,651
3,189,611
W’msport A N Br.. November.
11,402
74,210
12,890
80,511
Wisconsin Central
November.
609,201
602,976 3,211,982 3,094,342
Wrlghtsv A Term.. November.
21,154
99,360
18,827
91,525
Yazoo A Miss Valley January
981,377
901,618 5,613,504 4,792.019
..

..

_

_

_.

Various Fiscal Years.

..

—See New
4th wk Jan
4th wit Jan
4th wk Jan
4th wk Jan
4th wk Jan
4th wk Jan
4th wk Jan
December
—See Sout

subsequent

July 1 to I.atest Date

Pretlous
Year.

Ala Great Southern —See Sout hern Rail way.
Ala N O A Tex Pac.
N O A N East... 2d wk Jan
59,000
Ala A Vicksburg:
2d wk Jan
30,000
Vicksburg Sh & I* 2d wk Jan
26,000
Ala Tenn 6: North.
Novcmber.
3.934
k Atch Top A S Fe
December
7,903,547
Atlanta & Chari
November.
362,983
Allan Bum A Atl’c. December
124.261
Atlantic Coast Line December
2,427,769
Baltimore A Ohio.
December
6,720,001
Bangor A Aroostook December
239,645
Bellefonte Central
December
5,197
Bridgeton & Saco R November.
3,947
Buir Koch A Pitts.. 4th wk Jan
208,946
Buffalo A Susq
December
145,251
Cal Northwestern
December
128,863
119,241
Canadian Northern. 4th wk Jan
90,900
Canadian Pacific
4th wk Jan 1,292,000
Central of Georgia.
4 th wk Jan
346,949
Central of N Jersey. December
2,229,742
Chattan .Southern.. 4th wk Jan
4.725
4,02:
Chesapeake & Ohio. December 2.051,651
Chesterfield A Lane December
3.935
Chicago & Alton Ry December
1,125,009
Chic Great Western 4th wk Jan
239,673
Chic Ind A Louisv. 4th wk Jan
140,782
Chic Ind A Southern —See New York Cen tral.
Chic Mlhv A St Paul December
5,113,358
Chic & North West- December
5,717,035
Chic St Paul M A O. December
1,314,978
Chlc Term Tr RR__ 4th wk Jan
42,134
Cln NO A Texas Pac —See Sout hern
Ra ilway.
Olncinnat' Northern —See New York Cen tral.
Clev Cln Chic & St L —See New York Cen tral.
Colorado Midland.. December
208,072
h Col & South Sys.. 4th wk Jan
319,085
Col Newl> A Laur._ December
27,038
Copper Range
November.
64,091
Cornwall
December
15,791
Cornwall A Lebanon November.
38,074
Denv A Rio Grande 4th wk Jan
551,000
533,400
Detroit A Mackinac 4th wk Jan
33,082
31,487
Det Tol A lront Sys 3d wk Jan
81,296
90,731
Dul R L A Wlnnlp. November.
28,459
23,203
Dul So Shore A Atl. 4th wk Jan
78,151
106,516
Erie
December
4,194,520 4,238,469
Evansville A Ter H —See Rock Island S ystem
Fairchild & N E... December
1,429
2,469
Fonda Johnst & Gl_ December
54,251
51,787
Georgia RR
December
254,190
234,084
Georgia Coast A P’t November.
7,700
Georgia South & Fla —See Sout hern Rail way.
Grand Trunk Sys.. 4th wk Jan
999,917
954,230
Gr Trunk West.. 3d wk Jan
106,303
97,850
Det Gr Hav A Mil 3d wk Jan
32,401
26,328
Canada Atlantic. 3d wk Jan
34,795
33,442
Great Northern.... December
3,659,178 4,101,019
Montana Central- December
235,678
256,823
Total system
December
3,804,856 4,357,842
Gulf A Ship lsland. 4th wk Jan
61,530
58,948
Hocklng Valley
December
564 087
506,514
Illinois Central
4,673,431 4,516,438
January
Inter & Great North 4th wk Jan
280,000
202,000
alnteroceanlc (Mex) 3d wk Jan
139,729
138,349
Iowa Central
4th wk Jan
97,678
78,961
Kanawha A Mlch.. December
180.262
181,444
Kansas City South. December
783.198
655,553
Lake Erie & West’n —See New York Cen tral.
Lake Shore A M Sou —See New York Cen tral.

Louisiana A Arkan.
Louisville A Nashv.
Macon A Binning..
Manistee & No E

on a

Current
Year.

Period.

Atlanta A Charlotte Air Line... Mch 1
Bellefonte Central
Jan 1
Manistee A Northeastern
Jan 1
Jan 1
Manlstlque
Mexican Railway
Jan 1
Mexican Southern
Jan 1
New York Central
Jan 1
Lake Shore A Michigan South Jan 1
Lake Erie A Western..
Jan 1
/ Chicago Indiana A Southern Jan 1
Michigan Central
Jan 1
Cleve Cln Chic A St Louis
Jan 1
Peoria A Eastern
.Tan 1
Cincinnati Northern
Jan 1
J an 1
Pittsburgh A Lake Erie
Rutland
Jan 1
N Y Chicago A St Louis
Jan 1
Northern Central.
Jan 1
d Penn—East of Pitts A Erie.
Jan 1
d West of Pitts A Erie
Jan 1
Phlla Baltimore A Washington. Jan 1
Jan 1
Philadelphia A Erie
Pitts Cln Chic A St Louis
Jan 1
Rio Grande Junction
Dec 1
Texas A Pacific.
Jan 1
West Jersey A Seashore.
Jan 1
...

..

to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to

Nov
Dec
Oct
Dec
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Dec
Dec
Dec
Dec
Nov
Dec
Nov
Jan
Dec

Previous
Year.

30 53,110,066 $2,933,299
31
57,068
60,633
31
365,747
361,824
31
96,4 38
92,679
21
450,700
408,100
21
72,321
70,520
31
7,412,494 7,185.768
31
3,464,616 3,408,167
31
413,503
456,165
31
245,428
194,749
31
2,278,826 2,079,742
31
1,828,801
1,864,052
31
241.766
262,627
31
74,190
70,863
1 .092,148
31
1.1 15,684
31
194,895
197,856
31
816,297
867,475
3 1 1 1 ,74.1,548 10,64 5,848
31 148239890 133921990
31
Inc. 8,4 79,800
31 16,018,949 14,753 949
30
7,703,407 7,584,384
31 29.490,584 20,74 8,137
30
734,195
619,381
31
1,606.528 1,282,342
31
5,229,458 4,675,558
•

EARNINGS—Weekly and Monthly.
%

Monthly Summaries.

CuPnt

Year Fret's Year.

Inc.

$
+ 897,658
6.64
7.84
+ 1.079.633
+ 922,935 10.27
+ 632.402
6.63
+ 611 .625
6.55
+ 1,202.074
9.14
+ 1,069,870 13.68
+ 733,985
8.61
+ 354.659
3.05
+ 417.670
3.47

Month
Month
Month
Month
Month
Month
Month
Month
Month
Month

Mch 1906 (110
Aorfl 1906 (111
May 1006 (124
June 1905 (113
July 1906 017
Aug 1906 (118
Sept 1906 (122
Oct
1006 (1 19
Nov 1906 (123
Dec
1906
(65

or

Dec.

%

5

roads).

159.258,890
roads). 136,585,537
roads). 152,183,742
roads). 146,010,301
roads). 168,336,461
roads). 179,101,945
roads)
184,551,471
roads).
roads)
roads)

143,978 ,440
128,005,775
138,557,872
130,233.203
148,013,565
159,835,022
171 553,520
198,733,220 179,405,267
186,606,274 175,727,985
83,796,332 79,327,117

+ 15
+8
+ 13
+ 15
+ 20
+ 10
+ 12
+ 10
+ 10
+ 4

10.61
6.78
9.83
12.11
13.73
12.11
7.58
10.77
6.24
.4 69,215
5.64

,280,450
,670,702
,625,870
,777,008
,322,896
,356,023
,997,951
.327.062
,071,289

Mexican currency,
b Includes earnings of Gulf A Chicago Division,
c Includes the Houston A Texas Central and its
subsidiary lines In both
d Covers lines directly operated,
e Includes the Chicago A Eastern Illinois in both years,
f Includes Evansville A Indiana RR.
h Includes
earnings of Col. A South., Ft. Worth A Denver City and all affiliated lines,
excepting
Trinity
A
Brazos
RR.
Valley
k
Includes
In both years earnings
of Denver Enid A Gulf RR., Pecos System and Santa Fe
Prescott A Phoenix Ry,
/
Figures
prior
to
10
1905
are those of the Indiana Illinois A Iowa
April
and Indiana Harbor of Indiana,
n These figures are an approximation
only.
a

years,




$
208,946
90,900

Pittsburgh

Canadian Northern
Canadian Pacific
Centra] of Georgia
Chattanooga .Southern
Chicago Great Western

1,292,000
346,949
4,725
j
239,673
1
140,782
!

Chicago lnd & Louisville
Chicago Terminal Transfer
j
Colorado & .Southern
!
Denver & Rio Granlfe
Detroit & Mackinac
!
Duluth South Shore & Atlantic.'
Grand Trunk of Canada
1 j
Grand Trunk Western
|j
Det Grand Haven & Milw._| [
Canada Atlantic
J!
Gulf & Ship Island
International & Great Northern
Iowa Central
Louisville & Nashville
Mineral Range

283,849
533,400
31,487
106,516

35.236
17,600

999,917

954,230

45,687

61,530
280,000
97,678

58,948
202.000
78.961

1,296,735

1,248,784

78.000
18,717
47.951

14,619
101 ,140
145,846
865,001
1,419,000
49,000
357,4 17
14,566
308,597
1,518.831
600,346
39,115
111,760
687,780
141.657

23.104
81.546

19,594

Southern Railway system—
Southern
Ral lway. a. Dec 4,886,017
July 1 to Dec 31
28,316,304
.Dec
913,129
Mobile & Ohio, a
5,102,538
July 1 to Dec 31..
699,981
Cine N O & Tex Pac.a Dec
4,319,431
July 1 to Dec 31..
355,191
Ala Gt Southern.a.. .Dec
2,019,120
July 1 to Dec 31..
190,532
Georgia South & Fla. a Dec

$

1 ,157

6,542

28,365

■

' 12,457,962

8,485

86,665
179.738

v

9,000
19,222
667

54 ,444

50,862

17,174
132,687

.

_

292,078
1,354,059

4.602,596
26,604,443

1,228,963
7,104,563

1,421,303
8,016,681

312,771
776,311 ,
1,629,050
4,514,263
154,142
676,190
831,386
4,032,506
70,913
319,541
389,876
1,851,092
36,814
168,453.
181,756
939,016

286,385
1,489,610
153,210
951,833
68,360
383,562
54,126
261,126

1

deft .951

12,902

7,986

1.352
deft ,237

79,286
166,181
297,623

83,606
130,673
252,818

105,030

7,198
60,990

5,316
38,793

363,193
2,179,295

pll7,186
P589.426

76,485

19,828
111,842

P86.357
p52G ,320
28,734
184,513

220.404

402,100
745,852

12,486

Dec

2,061 ,847
12,688,653

& Miss Vail .a.. .Dec 1,001,671
4,632,127
July 1 to Dec 31..

930,523
3,890,401

.

..

478,730

..

.

Yazoo

Net earnings

1 ,80

54,2 57
119,8 20
215,759

361,523
2,138,117
74,730
Virginia & Southwest.b..Dec
495,484
July 1 to Dec 31 __
.Dec 2,138,645
Wabash.b__
14,140,732
July 1 to Dec 31._

Tol St L Sc Western

b Net

303,557

Mu

-.

535,414
4,436,069
373,174
599.436

410,009
3,941,920
292,917
273,780

here given are after deducting taxes,

deducting taxes.

earidngs here given are before

aud from

For Dec. 1906 additional Income was $11,660, against $4,741;
July 1 to Dec. 31 was $18,684.1n 1906, against $10,048 last year

Current

Previous

Current

Year.

Year.

Year.

Year.

.

735,082
4,729,553

186,786
1,572,055
105,604

1,040,504
50,854
342,600
43,023
362,927

.

..

.

.

27,025,201 25,859,988

Hudson Rlv ElecPowCo .Dec
Jan 1 to Dec 31..

92,248
896.830

75,088
738.388

Dec 4,976,390
4,654,564
Illinois Central a.....
27,959,998 25,319,221
July 1 to Dec 31..
540,140
610,395
Interoeeanlc of Mexico. .Dec
2,961,837
3,444,235
July 1 to Dec 31.
Inc
54,198
.Dec
Long Island, b
.....
Inc 585,983
July 1 to Dec 31.
.

-

.

_

Louisville & Nashville, t>
July 1 to Dec 31

23,930,446 21,082,678
Dec
621,826
687,806
International
3,276,675
3,916,543
July 1 to Dec 31..
_.

_

Dec

920.498

6,800,535

Nashv (’halt & St L_ b. .Dec

975,025
5,688,908

July 1 to Dec 31 __
National RR of Mexico Dec 1,316,701
7,396,659
July 1 to Dec 31._
87,531
Hidalgo & Nor’east’n. Dec
507,529
July 1 to Dec 31
.

914,690
6,132,667
895,981
5,262,955
1,296,998
6,645,375

.Dec
Nevada. Central b
July 1 to Dec 31
New London Northern, b—
Oet 1 to Dec 31
July 1 to Dec 31
Jan 1 to Dec 31..
-

_.

__

7,232

39,445
281.557
567.868

3,677
25,233
278,890
562.709

1,074,417
1,109,884
234,385
267,910
N Y Susque & West.a. .Dec
1.415,88*
1.497,256
July 1 to Dec 31..
.Dec 2,443,109
2,274,241
Norf
&
Western _b
15,085,678 13,886,876
July 1 to Dec 31._
Reading Company—
3,414,188
Phila & Reading, b. .Dec 3,514,647
21,042,116 20,822,902
July 1 to Dec 31.
.Dec 3,968,230
3,424,453
Coal & Iron Co.b
17,992,247 18,102,712
July 1 to Dee 31 _.
6,838,641
Total both comp’s, b Dec 7,482,877
39,034,363 38,925,614
July 1 to Dec 31._
_

.

.Dec
Dec

defl

22,557
146,417
609,416
4,242,330
961,500
8,005,168
42,470
374,29 1

,356

808,488

4,725,374
216,424

1,494,111
159,414
1.181,195
51,950
327,058
62,087
304,497
25,552
138,138
666,858
4,134,960
1.144,487
7,858.688
37.389

332,273

1,633,694
7,626,166

,644,400
8,030,387
180,461
1

Bangor & Aroost’k
July 1 to Dec 31
Catsklll Mtn Ry—
Oct 1 to Dec 31

Dec

144,017
63,616
390,504

99,337
59,574

304,519

72,029
def806
147,366

42,393
def4,227
142,517

3,644

6,156

def4,253

dcf7,512

Chicago Gt Western
July 1 to Dec 31

Dec

177,261
1,052,555

171.614
1,027,063

9,525
519,500

8,438

14,119
104,230

July 1 to Dec 31

Copper Range
Nov
July 1 to Nov 30
Denver & Rio Grande.-Dec
July 1 to Dec 31
Louisville & Nashville, b—
July 1 to Dec 31
New London Northern—
Oct
1 to Dec 31
July 1 to Dec 31
Jan
1 to Dec 31
Nash Chatt & St Louis..Dec
July 1 to Dee 31
Norfolk & Western
Dec
July 1 to Dec 31
Dec
Reading Company
July 1 to Dec 31

8,438-

351,835
*255.927
*323,008
2,094,810 *2,198,820 *2,146,346

3,840,658

3,482,659

359,971

212,952
1,205,508

-

444,591
3,451,749

237,027
1,249,341

500,438

538,639

2,483,038

2,953

1 .821

11 ,780

13,752

1.217,901
8,187,379
346,335
895,039

*

After allowing for

63.460

87,437
351,425

349,540
2,025 548
867.882
5,207 288
17,733

452,503

3,345,242
807 469
4,527 361

586,282

8,451

8,149

*def4,790

16,858

16,297

402,873

2,272,128
890,500
5,343,000
17,733

,

108,645

32,651

Dec

108,413

32,127

43,725

77,352

93,480

133,049

180,196
3,558
25,005

227,912
1,475
17,508

31,536
120,076
173,082
67,418
440,221
935,822

5,584,326
1

,373,001
8,884,023
285,809

1,216,316
1,658,810

1.564,236
9,082,418 10,100,339
113,761
133,733
712,908
787,943
1,772,571
1.697.969
9,870,361 10,813,247

Current
Year.

Week or
Month.

Decern ber
December
December
December
December
November.
Decern ber
November.
.

.

December
December
December
December

January

..

December
December
October
3d wk Jan
3d wk JanJ
4th wk Jan
.

E Liverpool Tr&LtCo September
Easton Consol Elect. January
East St Louis & Sub. December

_

defl2,100

*def9,210

*def8,870 *defl7,883

6,254

*43,434

*6,060

*88.414

*55,982
3,841
21,285

*145,543
3,640
35,985

27,125
234 ,983
100,547
24,523
189,223
7,214
6,882
22.861
58 456
57,644

80.615
72,770
20,155
52,430
118,324

to

Previous
Year.

Current

5

$

25,241
215,308

date.

latest

Year.

Previous
Year.

*

2,739,787

2,479,553

301,406
1,931,848

1,603,633

91 .307

22,465
156,313
6.595
6,479
20,482
51,534
54,596

277.038

_

66,584

680,286

588,074

650.884
481 .831
884.200

601 .828
424,262
594,874
71,630

71 ,630

72,770

19,841

271.100

47,540
88,601

645,849

88,239
17.347

14,402
296,29.*
58,874

20,815
165,212
25,479

23,341
2,041.451
350,078

4.327

96,829
18,505

1

Jan.

245,089
543,226

::::::
263,737

54,100

31 220

..

.

November.
El Paso Electric
Ft Wayne & Wabash
Valley Traction. . December
Galveston Electric Co November.
Hartf & Spring St Ry December
Havana Electric Ry. Wk Feb 3
Honolulu Rapid Tr &
December
Land Co
Houghton Co St Rv.. November.
Houston Electric Co. November.
Illinois Traction Co.. December
Indlanap Col & South December
.

.

.

*7,768

TRACTION COMPANIES.

s

.

3,558,778
904,689
5,605 959
6.352
8,023
*34,506
*23,216

other Income.

STREET RAILWAYS AND

Albany & Hudson
({American Rys Co
cAur Elgin & Chic Ry
Binghamton Ry..
Blrm Ry Lt <S: Power
Brockton Sc Ply St Ry
Burlington (Vt) Trac
Cape Breton Elec Co.
Central Penn Trae
Chari Con Ry Gas&El
Chattanooga Rys Co.
Chicago & Mllw Elec.
dChicago & Oak Park
Cleve Painesville & E
Cleveland & Soutliw.
Dallas Electric Corp.
Detroit Mon & Toledo
Detroit United Ry
Duluth Street Ry

def22,620
6,140
def53,440

308,586

896,922

309,220

2,699,836

17,754
72,035
39,310
79,604
444,090
855,376
5,617,370

Jan

'

S97.916

149,590

149.492

1 to Dec 31
1 to Dec 31

3,528,811

3,560,356

def38,531
60,296
def42,149
125.740
252,437 def 191,280

62,144
125,656
253,622

Staten Island Rap Tran—
Oct
1 to Dec 31

Tacoma Gas Lt Co
Jan 1 to Dec 31

44.810

467,048
17,114
95,951

2,137,635

July 1 to Dec 31.
Staten Island Ry—
1 to Dec 31
Oct
July 1 to Dec 31
1 to Dec 31
Jan

July

42,187

42,187

Southern.Dec

Rio Grande

Name of
Road.

,460,083

$
def7,581

$
8,530

17,042

6,234,387
1

Year.

Year.

21,729

& Atl

Latest Gross Earnings.

7 ,513
Inc
Inc. 315,692

6,635,890
223,306
1,281 ,388
350,330
3,374,903

—Bal. of Net E’ngs.—
Current
Pri-vious

Dec

Atlanta Blrm

187.067
802,320

813,779

23,388
150,141

.

Roads.

_■

_.

1,634,352
10,169,860
4,238,469

69,184
734,751
55,347
447,036

def617

.

.

9,461
141,730

62,810
537,870

.

Denver & Rio Grande, b. Dec 1 ,791,009
10,872,897
July 1 to Dec 31
Dec 4,194,520
Erie, a
_.y.

*

*
30,259
216,046
121,629
893,801

—Int., Rentals, &c.—
Current
Previous
Year.
Year.
$
$

fol¬

Previous

Charges and Surplus.

Interest

>

Net Earnings

.




335,031
1,885,699

417,670

si

*
%
81,359
124,261
531,819
760,466
321,613
362,983
Atl & Chari Air Line.a.. Nov
2,933,299
Mch 1 to Nov 30
3,110,066
184,599
239,645
Bangor & Aroost’k. b. .!Dec
1,533,771 .*1,153,807
July 1 to Dec 31..
Catsklll Mtn Ry.b—
9,344
9,987
Oct 1 to Dec 31..
.Dec 2,051,651
2,047,828
Chesa & Oldo.b
12,583,397 11,864,154
July 1 to Dec 31._
781 .180
794,745
Chicago Great West’n.b Dec
4,627,328
5,072,123
July 1 to Dec 31
466,852
476,082
Chic lnd & Louisville.a Dec
3,132,899
3,107,967
July 1 to Dec 31.
146,373
142,994
Chicago Term Trans, b.. Dec
870,751
875,888
July 1 to Dec 31
Dec
191,030
208,072
Colorado Midland .a
1,108,975
1,308,480
July 1 to Dec 31
64 ,091
Nov
55,193
Copper Range, a
291,348
345,370
July 1 to Nov 30..

31

Tacoma Gas Lt Co.a.. Dec
Jan 1 to Dec 31

a

721 ,227

.

Total all com p’s.
July 1 to Dec

225,591
470,195
899,665

1,17S
7,862
12,066
15,234

Roads.

Reading Co
July 1 to Deo 31.

Staten Island Rap Tran. b —
Oct
1 to Dec 31.
July 1 to Dec 31..
Jan
1 to Dec 31..

68,739

Atlanta Blrm & Atl. a.. Dec
July 1 to Dec 31..

_

828,682
4,594,749

July 1 to Dec 31 _a

67,000

Crops Earn gs

Minn St Paul & S S M. b
July 1 to Dec 31..

220,523

.

lowing 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
The
this kind will be found in the issue of Jan. 26 1907.
next will appear in the issue of Feb. 23 1907. {

Mexican

25,756
128,074

47,234
112,440

_

—

Earnings Monthly to Latest Dates.—The table

.

Staten Island Ry.b—
Oct
1 to Dec 31
July 1 to Dec 31
Jan
1 to Dec 31..
_.

2.5S2

12,040,292

j

_

24,085
138,594

$
52,886

p

Total (.35 roads)
Net Increase„(3.47%)

July 1 to Dec 31.

53,993
296,543

1,093,467

July 1 to Dec 31

1,595

.

Central Branch
Mobile & Ohio
Rio Grande Southern
St Louis Southwestern
Southern Railway
Texas & Pacific.
Toledo Peoria & Western
Toledo St Louis & Western
Wabash
Western Maryland

194.126

$
45,492
213,124

.

7,235

232,511
685,263
1,352,000
58,000
338,195
15,233
254,153
1,569,693
531,607
40,293
103,898
675,714
126,423

5
137,822
645,574

_

19.65S
19,900
65,000

—

28,100
703

551,000
33,082
78,151

Decrease.

$

$
228,604
110,800
1,357.000
318,849
4,022
246.908
139,625
48.676

42,134
319 ,085

Minneapolis & St Louis
Minneapolis St Paul & SSM
Missouri Kansas & Texas
Missouri Pacific & Iron Mt

Net

Increase.

1906.

1907.

Fourth week of January.

Year.

160,835
Richm’d Freds & Pot...Nov
716,958
July 1 to Nov 30.
54.S25
Rio Grande Southern, b .Dec
320,627
July 1 to Dec 31..
979,856
St Louis Southw.b
!Dec
5,341,984
July 1 to Dec 31.

year.

Previous
Year.

Current
Year.

Previous

$

Roads.

Net Earnings

Earn'gs

■Cross
Current
Year.

Weeks.—In the table which
the earnings for the fourth
week of January.
The table covers 35 roads and shows
3.47% increase in the aggregate over the same week last

Latest Gross Earnings by
follows we sum up separately

Buffalo Rochester &

335

THE CHRONICLE

1907.]

Feb. 9

23,341
188,803

35,671
101 .379
25,801
11,637

33.490
31.593
18,545
57.105

302,165
21,087

,109,19 2

1

20,815
,724,696
203.836

22.523

287,876

10,806
29,561

173,896
159,177

949,497
245,717
139,582
145,032

29,487
15,215
52,236
247.419
19,135

349,915
209.269
537 230
3,01 3,108
240.034

323,193
150,212
470,900
2,442,389
210,259

87,326

1

336

THE CHRONICLE
Latest Gross Earnings.

Name of
Road.

Week

Current
Year.

or

Month.

Met WestSlde Elev_.
Mllw Elec Ry & Lt Co
Mllw Lt Ht & Tr Co..
Montreal Street Ry._
Nashville Ity* & Light
N J & II R
N O Ry &

November.
December

December.

t?85 ,300

January

232,755
326,065
56,379

December
December
Wk Jan 26

December

..

137.379

December
December
December
November.

16,101
13,299
13,045
144,322

.

December
November.
November.

January

297.465
48,336
51.933
116,226

Previous

Year.

Year.

$

—Int., Rentals, Ac.Previous

Current
Year.
Roads.

$
124,653
282,018
4,880,329
788,268

145,342
294,584
5,4 84,996
866,970
483,699
130,128

Oct
Jan

73,025
50,420

Oct

_.

..

8,458
8,987
9,393

6,810

£2,006
£4,720

226,523
495,160
998,397

254,836
505,095
907,714

£61,087
£235,386
£421,121

£80,421
£298,314
£477.682

138,982

89,596

..

160
601

£def21,903

1

to

Dec 31

1 to

31

-

Dec 31

£def629
•

£18,263
£13,824

'

£def338

£def2,210

Kingston Consolidated—
Oct

1

to

Dec 31
31
Dec 31

July 1 to Dec
Jan

1

to

Oct 1

Dec 31.

to

£def6

£def76

10,025
27,975
47,858

9,911

£2,398

27,717
47,431

£3,176

£11,172
£15,630

£4.339

.

.

3,312

3,473

Poughkeepsie City & Wapp Falls—
1

Dec

to

31.

250

£5,212
def 103
..

5,949

6,374

£defl .545

£defl .763

36,433
79,252

54,407
100,253

£49,496
£114,370
£118,628

£28,632
£100,763

200
1 ,663
529
3,312
Jan 1 to Dec 31.
3.555
6.995
Utica & Mohawk Valley—
Oct 1 to Dec 31
45,482
44,922
July 1 to Dec 31
91 337
89,763
Jan 1 to Dec 31
181,662
178,343
x After allowing for other income
received.

384
1,750
2 092

def998

£50,430
£128,770
£209,297

£42,946
£118,412
£158,706

Schenectady Ry Co—

532.086

Oct

1

to Dec

31
31
Dec 31

July 1 to I)cc

143,229
964.233

£def4,783

£9,051

£10,321

Oswego Traction Co—

Jan

December
104,816
Tampa Electric Co
November.
48.791
374.408
Terre Haute T & L Co November.
75,437
568,694
Toledo Rys & Light. December
186,848
1,913,456
Tol Orb tc Inter Ry__ October
28.792
252,004
Toronto Railway
Wk Feb 2.
57,342
Trl-Clty Ry & Lt Co. October
143,434
Twin City Rapid Tran 3d wk Jan
100,072
273,751
United RR of S F
November. *546,160
6,427,999
United Rys of Balt.. December
6,579,821
6,023.698
Unlted Rys of St L
December
782,515 730,462 9,149,348 8.400.016
Wash Alex & Mt Ver. December
18,459
20,528
273,266
251.643
Western Ohio Ry Co. October
35,040
Whatcom Co Ry & Lt November.
27,269
21.588
a Figures for the month
In both years Include
operations of the Scranton
Ry., acquired Jan. 1 1906.
c These figures are for
consolidated company.
d These are results for main
line,
h These are early preliminary returns;
decrease due to earthquake, fire and strike
among employees, Aug. 26 to
Sent. 5 1906.
k Decrease due to Lewis &
Clark Exposition last year.
P Includes earnings of Canton-Akron
Consol. Ry. for entire year,
n Fig
ures are
.

*

E'gs.-

Previous
Year.
3

-

754,954

143,229
143,237
90,953
1,099,762
45,108
428,058
55,459
739.889
175,745
2,047,610
26,766
289,232
51,767
120,179
91,729
304,884
604,686 *5.393,587

.

$

Duluth Street Ry—
Jan 1 to Dec 31
211,072
205,778
Eastern New York—
Oct
1 to Dec 31
4.140
Elmira Water, Lt & RR Co—■RR Dep’t
only—•
Oct
1 to Dec 31
13,951
12,756
July 1 to Dec 31
26.069
24,999
Jan
1 to Dec 31
50,582
50,372

201,066
3,226,535
609,000

834,438
562,558

to Dec 31.
1 to Dec 31
to Dec 31

July 1 to Dec

14,976

143,237

1

Year.

Nassau Elect RR Co—

110,126

Oct

75,147
45,049

..

1

July

—Bal. of Net

Current

Year.

$

Brooklyn Hts RR (Concl) —
Coney Island & Gravesend-

1,391,407
1,170,849
30,689
400.393
332,600
444,271
5,220,685
21,571
225,447
210,484
129,806 pi ,703.340 pi,552.970
115,493
1,356,348 1,236,644
57,797
125,866
137,379
125,866
10,174
177,181
11.904
146,498
125,037
13,870
211,176
182,630
123,472 fcl ,538,828 1,692,764

127,256
93,458

..

latest date.

to

Current

n909,080
232,755
3,523,439
702,222

201,066

141.709

_.

1

Jan

57,939

Nor Ohio Trac & Lt. December
Norf & Portam Tr Co November
Northern Texas Tr Co October
Northwestern Elev.. January

_

8,704

132,549
33,501
506.534
22,058

_

Ry&Fy Co November.
Llcht Co. November.
Niagara St C k Tor._ October

Oklahoma City Ry._
Peeksklll Light & RR
Pitts M’K & Green.
Portland Rys Co
St Joseph (Mo) Ry Lt
Heat & Power Co..
Savannah Electric Co
Schuylkill Ry Co
South Side Elevated.
Syracuse Rap Tr Ry.

5
10,573
22,423
447,798
66,560

10,908
33,468
499,632
70,845
40,148
12,133

November.
December
December

Manila Elec Ry & Ltg>

Previous
Year.

5

Jackson Consol Trac. December

Jan.

[VOL. T.TTTTy,

1

to

200,622

Troy & New England—
Oct

1

to

Dec 31.

.

.

July^l to Dec 31

.

.

3,754
4,233

_

ANNUAL

..

for^all departments, jj;

•

•.

-.

••••••

•' Tr..

.

Annual

index to all annual

an

of the “Railway and Industrial” and “Street
Railway”
sections.
This index does not include reports in
to-day’s “Chronicle.”
Railroads—
Page, j
Industrials—(Concluded.)
Page
Cleve. On. Cldc. & St. Louis

.

following table gives
and net earnings
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
gross

this kind will be found in the issue of Feb. 2
1907.
next will
appear in the issue of Mar. 2 1907.

Reports.—The following is

reports of steam railroads, street railways and miscellaneous
companies which have been published since the last edition

Street Railway Net
Earnings.—The
the returns of STREET

railway

^REPORTS.

155; Marsden Co

New York Chicago & St. Louis. 155
Norfolk & Southern
159 i
Industrials—
'
|
Amor. Dist. Teleg. Co. of N. Y. 222
;
American Pipe Manufacturing.. 218
Amer. Soda Fountain (bal. sh.i. 272
Consolidated Gas of New York. 219 !

North American
269.
Southern New.Eng. Telephone.
United States Steel Corporation
Street Railways—
Boston Elevated
Boston & Worcester Electric
Chicago & Oak Park Elevated.
Creamery Pkg. Mfg., Chicago.-. 269 Cleveland & Southw. Traction._
General Chemical
269 ! Lake Shore Electric
Keystone Telephone, Pldla
218
; Northern Ohio Traction & Light
Lackawanna Steel
269 j Toledo Railways &
Light

The

.

_

Gross Earn'gs
Previous
Year.

Current
Year.

S

5

%

Ronds.

Brooklyn Heights RR Co.b—
Oct

1

Jan

1

to
to
to

Oct

1

to

July 1

Dec 31
Dec 31
Dec 31

Ngt Earnings

Current
Year.

3,329,905
3,119,278
7.084,440
6,627.459
1 3.650,277 12,536,514

1 ,455,593
3,269,228
6,059,144

Jan

811 .653

1,569,821

Coney Island
Oct

1

July 1
Jan

1

& Gravesend
Dec 31
to Dec 31
to Dec 31

358,892
750,427
1 ,395.418

1

July 1
Jan

1

2,776

dcfl4,184

257,624

3,278,548

778,411
,689,529
3,118,278

1,275,552

317,776
766,701
1.311,128

768,875

663,423

350,054

295,374

165,212
1.724,696

90,688
978,681

89,719
935,248

10,851

7,643
24,350
48,983

54,162
734,645
1 ,674,840

Duluth Street Ry.b —
Jan 1 to Dec 31
Eastern N Y RR Co.b —
Oct

1

to

Dec 31

East St Louis & Suburb.Dec
Jan

1

to

Dec

31

9.695
| o

1

671 .287

9,503

188,803
2,041,451

1

to

Dec 31

FtW & Wab Val Tr Co. _I)ec
Jan

1

to

Dec 31

1

212.148

198,111

101,379
.109,192

87,326
949,497

Kingston Consolidated.b—
Oct

1

to

Dec 31

31,457

July 1 to Dec 31
1 to Dec 31
Oswego Traction Co.b—
Jan
Oct

1

to

to

Dec 31

33 .782

58,422
43.482
432,347

29,160
71,428

125,629

12,273
38,847
62,888

11,080

11,773

3,452

3,295

13,045
211,176

13,879
182,630

4.975

112,632

7,038
89,080

25.991

24,140

1

to

July 1

to
to

Jan

1

Dec 31
Dee 31
Dee 31

4,310

3,610

241,998
538,436
959,366

207,668
447,712

83.672
18!) ,866

81.652
198.062

Troy & New England
Oct

1

July 1
Jan

1

-

a

1

to

5,056

302,497

Dec 31

5,219

21 .263

21 ,539

584
2.279

33,373

5,647

665
7,066
11,228

250.464
538.240
976,351

214,487
4 60.890

95.744
219.762

86.794
206,140

843,426

389,333

are

after

earnings here given

are

before deducting taxes.

Interest

deducting

Oct

1

to

Co

to

to

Jan

1

1




to

Dee 31
Dee 31
Dec 31

Dec 31

—Bal. of Net E'ngs.—
Current
Previous
Year.
Year.
$
$

—

1.248.714
2.590,092
5,003.620
Brooklyn Queens Co & Sub—•
Oct 1 to Dec 31
113.905
July 1 to Dec 31
225,372

July 1

Jan

Year.
$

443 887

1.142.105
2.288.046

.T243.201
£764.968

Earnings.—The gross earnings from passenger traffic increased
during
19<»6 4.44% and the
net'earnings decreased 11.9%. or 578,679.
The
decrease in net earnings was due to four
principal
causes: Increase in taxes.
In wages and In the price of materials and
supplies, Increased competition
of the surface lines on the short
distances, cost of operation during con¬
struction, cost of operating short portions of new lines.
The increased
competition is thought to be felt as much as it
vvjll be, and the new con¬
struction will soon be completed.
The policy of maintaining the road and
equipment In the best order from earnings lias been strictly
adhered to.
Construction.— The Iron-workers’ strike, which lasted 228
days, embar¬
rassed the company In Its new construction
very much.
The amount lost
In interest alone was 5158,901). Since
May 23 1996 a large amount of work
has been accomplished,
resulting in the .completion of the third track, only
excepting the straightening of the objectionable curve which we have
so
long desired to remove at Twelfth Street; this will be
completed In about
six weeks;
the
completion of the new steel constructed yard at histstreet, the completion of the Englewood main, or
westerly line, and such
substantial progress on the south
branch, Englewood, that our Chief
Engineer believes we will have that work finished by July 1.
The Chicago
Junction RR. is progressing rapldlv with its
elevation, and Its Chief Engineer
hopes to turn over ready for operation tlit* east line to Lake
In the
early summer and the stock yards line In the autumn of this Michigan
year.
We feel
sure that the whole construction,
including many necessary and valuable
additions, will be finished within the amount of the bond
Issue.
This, of
course, could not be done at present prices, but the
.principal contracts
were made at the
comparatively low prices of 1904.
The progress made with the
Englewood main line Is encouraging.
In
addition to the three stations opened last
year, the station at Harvard Ave.
and 63d Street was opened In
November; Parnell Ave. and Halstead St.
stations Were opened in December ail'd are
doing well.
Centre Ave. station
and Loomis St. station will soon follow.
The south branch, Englewood,
is now being erected, and we
hope to open 65th. 67th and 69th street sta¬
tions successively In the
spring, and to have them all in service by July.
The express service and the
through local trains to Englewood are well
patronized.
Outlook for business on New T.ines.—The new
lines, when completed, will
have eight stations on the main line,
Englewood; three stations on the
south branch, Englewood: five stations (two
of these double) on tbe cast

line of the Junction RR.'. and seven stations on
the stork yards line.
A
very modest patronage of these stations will amply take
care of Interest
and present dividends.
One thousand passengers per
day
each, way per
station will suffice. As the six stations now
open average 1,199 passengers
per day each way per station, and three of these have been
open less than
two months, we look
to
confidently forward
the outcome.
Similarly situa¬
ted stations on the old lines are
patronized by 2.090 to 5,099 passengers
per day each way.
The population Is more dense on the new lines than on
the old ones.

The

£200,956
£869.730

4.309,375 rl.228.780 £1,248.745

earnings, charges, balance sheet, Szc
19)6.

Passengers carried
Passenger earnings
Other

Charges and Surplus.
Year.
$

Roads.

333,167

taxes,

—Int., Rentals, Ac.—
Current
Previous

Brooklyn Heights RR

—

32,846

Net earnings here given

b Net

52,043

b—

Dec 31
to Dec 31
to Dec 31
to

Utica & Mohawk Valley.b—
Oct
1 to Dec 31
July 1 to Dec 31
Jan

12.937

31,756

—

Schenectady Rv.b—
Oct

36,997

368,665

80.587

Poughkeep City & Wapp Falls.b
?. b
1

19,907

139,702

Dec 31

Pitts McKees & G’b’g.b.Dec
Jan 1 to Dec 31

def726
18,392

3,704

Elmira Water, Lt & RR Co- -RR
Dep’t only—b
Oct 1 to Dec 31
48,897
44,581
July 1 to Dec 31
1 16,180
108,914
Jan

177,107
394,634
654,915

2,805
33,959
46,360

41 .172

to

Dec 31
to Dec 31
to Dec 31

357,911
695,734

.34,42 1.270
.$1,721,214
67.761

sources.

.

1905.

£56.136
£146,298
£273,636

arc

given below:
1903.

32.959,752 30 ,468,424 32,587.206
$1.647,988 $1 ,523,421 $1 .629,360
65.360
51,408

49,950^

Total gross
.$1,788,975 $1,713,348 $1 .574,829 $1 ,679,310
Operating expenses—
Maintenance of way
$77,984
$72,173
$64,947
$64,326
Maintenance of equipment
144,318
14! ,078
1 29.035
132,8 18
Conducting transportation
534,9-16
437,934
415,478
422,857
General expenses and taxes.
191,658
165,520
153,411
158,161
Loop rental and expenses..
258,363
236,256
207,104.
216,184
.

.

Total
.$1,207 269 $1 .052,963
Per cent oper. exp. to earn.
(67.51
(61.51
earnings.
$381,706
? $660,385
Bond Interest
$33,750 '•] $33,750

$969,973

v«t

•

—

£68.092
£168.708
£236.856

,

1904.

_

1 10,955
229,642
424,502

221
217

Chicago.
(Report for Fiscal Year ending Dec. 31 1906.)
President Carter at the annual meeting on
Jan. 31 said:

5,447,979

b—

.

to

Nassau Elect RR Co.b—
Oct

163.218

155
101
218
157
158

.

^

388,722

275
268

South Side Elevated RR.,

1 ,322,597
3,108 634

_b—

Dec 31
1 to Dec 31
1 to Dec 31

July

Oct

Previous
Year.
$

274
278

Dividends

409,177

109,165

-

$994 .376

(61.61

(59.211

$60-1,851
$33,750
409,149

$684,934
$33,750
409,13

’
C71

^Balance, surplus

9
5138,779

$217

.479^3 5161,955 *

5242,051

Feb. 9

Description of Property.—The company has a total of 204.12 miles of
track; 73.71 miles are double and 130.41 miles are-single.
Of the total
mileage, 51 miles are on private right of way, 16 miles are on perpetual
rights and 137.12 miles are on franchises that have an average of about 17
years to run
Character of Rails.

BALANCE SHEET DEC. 31.
1906.

1905.
$

[1906.

|
|

Liabilities—
$
of property.. 12,238,803 12,255,9441 Capital stock
Construe. & extern 6,367,592 3,989.900]Funded debt
92,400
92,4001 Current liabilities.
Cap. stock owned.
126,314
137,8791 Depreciation
Materials, &c
11,490
15,9051 Reserve
Accts. receivable..

>.

Assets—

Coat

5,856
67,027
142,396
83,136

Due from agents..

Current assets

hand
Cash-cons.& ext’n.

Cash on

1905.
•
$
$
10,323,800 10,323.800
g7,110.000 a5,610,000
255,050
50,000
1,396,164

336,839
50,000

Weight

1,307,385

Allies

9.2421
23,4441
154,0591
949.2501

Shape

0

fcjT.r'U
a Includes $110,000 non-interest bearing bonds deposited with the city of Chicago
to secure the performance of work under the company’s extension ordinances.—
U

V. 84, p. 272.

Northern

■

&

Light Company.

(Report for Fiscal Year ending Dec. 31 1906.)
substance:

Earnings.—The gross revenue of the combined properties of the com.68%,
andall
the
net surplus
showsover
operating
of $150,370,
charges was
Sany
from
sources
an Increase
forexpenses
the yearand
1906lixed
or

$213,323 82, as against $182,636 79 for 1905, showing an Increase of $30,The total gross revenue from the railway increased $146,and the average earnings per mile of track from all divisions
was $7,885, as against $7,209 for the year 1905.
Gross revenue from
lighting increased $4,337, or 3.55%
Bonds, &c.—Tile bonded debt Dec. 31 1906 Is $10,385,000, as follows:

lows:
Cleveland
Bed'ord

Miles

Gross
Gross

15,0001 Uhrlchsville
10,000
1,500 | Rural districts. 35,000
5,0001
I
for Calendar Years 1905 and 1906 of the Combined Properties.

operated Dec. 31
revenue
revenue

1906.
204.12

..

Increase
1.5
0.74%

1905.
202.62

from ra'lwaj’s --$1,577,090
from lighting126,250

$1 ,431 ,057
121,913

$146,033
4,337

10.20%
3.55%

..$1 ,703,340

$1.552,970
898,830

$150,370
108,012

9.68%
12.02%

$696,498
483,174

$654,140
471,503

$42,358
11,671

6.47%
2.47%

$213,324

$182,637

$30,687

Total gross
expenses

1,006,842

Operating

Net earnings
Fixed charges

$600,000 Issue of 3-year notes:
N. O. T. & L. Co. 4% bonds
$400,000
Canton-Akron Cons. Ry. 5% bonds
335,000
l
200,000
Akron Wadsworth & Western Tr. 1st mort. 5% bonds*
This leaves $962,000 In X. O. T. 6c L. Co. 4% bonds and $635,000 in
Canton-Akron Consolidated 5% bonds to be hereafter certilied and Issued
for property that may-be hereafter acquired or for Improvements and bet¬
terments on existing lines.

45,000|New Philadelphia.?,000

3,500|Canton

55,000 i Massillon
7,0001 Navarre

Results

{movements
The trustee
company
also has the
and
betterments
during
1906.to the
owing bonds
which
have been
delivered
as collateral
to folthe

..

Balance, surplus

-.

16.8%

show-

Public accountants certify that the balancQ sheet,
ing asurplus at Dec. 31 190(5 of $712,413, is correct and agrees
with the books of the company.—V. 84, p. 221.

The company has no boating debt excepting only accruing payrolls and
vouchers.
Dividend.—In consideration of accumulated earnings for stock to the
amount of $619,636 re invested in additions and betterments, a dividend of
2% was declared from the surplus earnings of 1905, at the rate of Yx of 1% ,

American Can

Company.

(Report for Fiscal Year ending Dec. 31 1906.)
in substance:

payable June 15, Sept. 15 and Dec. 15 1906 and March 15 1907.
Purchase of Canton Properties.— During the early part of the year nego
tiations were commenced by Mr. J. R. Nutt, Treasurer of this company,
for the purchase of the Canton-Akron Ry. Co., Canton-New Philadelphia
Ry. Co. and Tuscarawas Traction Co. from the Tucker-Anthony syndicate
of Boston.
After several months of negotiations, the deal was finally con¬

r

President W. T. Graham says

into actual possession of the above

properties on Oct. 1 1906.
The companies referred to had a total mileage
of 97.44 miles, consisting of Interurban and city lines.
The Interurban
lines operate from Akron to Uhrlchsville and the city lines operate in Canton
and Massillon.
Track Mileage.—With the above consolidation, this company owned
and operated at the close of the year 1906 (exclusive of Wadsworth exten¬
sion, not jet completed) 204.12 miles of track (main line 200.12 miles and
car barns and storage yards 4 miles).
In addition the companj7 is constructing, and expects to have in

operation by March 1, an extension of its present Barberton line to the vil
lage of Wadsworth, a distance of 6 miles, built on private right ol waj\
Improvements.—In Akron an improvement has just been completed known
as the Mill Street viaduct, which obviates the crossing of nine steam roads at
grade.
On the Kent, Ravenna and Barberton divisions extensive Improve¬
ments have been completed in the wajr of paving and the renewal of ties and
rails.
On the A. B. C. division the company has double-tracked Its lines
through the village of Bedford, 1 *-<j miles, including paving, and in return
the village granted us a renewal of franchise for 25 years.
On this division
Improvements have also been made by the elimination of grades and curves,
and by the renewal of several bridges and culverts and the replacing of about
5,000 ties with 6x8-8 ft. white oak standard railroad ties.
At the power-house in Akron the following additional units have been in¬
stalled and placed in operation: One 1,500 k. w. A. C. turbine generator,
1,000 k. w. motor generator, one 300 k. w. motor generator, one stor¬
battery plant for Kent-Ravenna division, and one storage battery plant
Additional electrical machinery consisting of
A. B. C. division.
2,350 k. w. rotaries has been Installed in the sub-station at Barberton
also a high-tension line from our power plant in Akron to the sub-station at
one

age

for the

Barberton, about 7 miles.
Contracts have also been made; for three additional rotaries and one stor¬
age battery for the purpose of having reserve power and also with a view
of discontinuing the operation of the expensive power plants at Midvale,
Ohio.
With the addition of the above machinery In our various power

be able to show great economy In operation.
Rolling Stock.—The rolling stock and electrical equipment have been
we expect to

maintained in first-class condition.
Contracts have been made for the
addition of 25 cars, including equipment, these cars to be delivered during
the current year.
Parks.—During the j'ear the company secured a new lease for what is
known as Lakeside Park in Akron for a term of 10 Y, years from Julj' 1 1906
and closed the contract for the replacement of the old theatre with a new
,

building of double capacity.
The company acquired an additional park at
Canton, known as Meyers’ Lake Park, containing about 272 acres, which

supplied with a good, lirst-class,up-to-date theatre, including all such
necessary buildings, &o., as add to the attractiveness of the place.
Limited Service.—The company has been operating for the year 1006 a
limited service between Akron and Cleveland, and upon the acquisition of
the Canton-Akron sjrstem placed an additional limited service between
Is also

The jnar 1906 was an eventful one with your company and brought in
both favorable and unfavorable conditions, the favorable predominating,
because the developments in that direction are lasting, while the unfavora¬
ble were passing incidents, unforeseen and unavoidable, and only temporar¬
ily Interfering with your earnings.
The San Francisco disaster put the two largest and one smaller Pacific
Coast factory out of operation, and of the three two were totally destroj’cd
by tile lire that followed, not only occasioning a large direct loss, which lias
been charged off, but a heavy loss through interruption to the natural
course
of business that cannot be estimated.
Shipments were made
against contracts for Pacific deliveries through the active season of the year
from Eastern factories, to supply customers with goods, thus saving their
business from interruption and loss, but entailing large extra expense and a
material loss on this part of the business of j'our company that would other¬
wise have netted a profit.
No other company had or has the facilities to
meet such conditions and the prestige gained majT compensate us in the
future for the immediate loss.
Good progress in systematizing and organizing the several departments
of tile business has been made since jrour last annual meeting.
Cost ac¬
counting has been improved and has become an efficient and correct guide.

Expenditures for new factories and Improving old ones are shown to
and put
increas¬
ing trade and reducing the cost of manufacture.
factories
The
replacing
have been justified bj’ results, so far as they have been completed
into operation, both In respect to meeting the requirements of an

Francisco and one at St. Paul, which were, destroyed by
fire, and new ones at New Orleans and Savannah, are nearing completion

the two at San

and will be In operation this spring.
Another factory has been authorized
at New Castle, Pa., and is partlj' under contract.
All of these are neces¬
sary to properly and economicallj7 care for the increasing business.
In addition to $184,327 written ol? for depreciation, there has been ex¬
pended during the year and
charged to operating cost as expended, $420,582 in maintaining and $99,757 in bettering the physical condition of your
factories.
The volume of business for 1906 was greater and expenses tvere less than
In anj- previous year, .and these conditions promise to hold good
through
1907.

The results from operations for the year ending Dec. 31
1906 and the 9 months ending Dec. 31 1905 and the years

ending March 31 1905 and 1904 compare as follows:

Light Department.—We have contracted for the purchase of new arc
lamps lor street lighting In Akron.
These lamps arc known as the Magnatite arc lamp.andare guaranteed to give 30'% more light than the lamps
now in operation.
We exnect considerable saving in our operating ex¬
At the close of the year we were fur¬
pense by reason of this installation.
nishing Akron and Barberton with 462 city arc lamps-for street lighting,
and had installed in those cities 45,000 incandescent lamps.
Notwithstanding the strong competition in Akron and Barberton with
natural and artificial gas, which is being furnished at 30c. per 1,000 feet,
you will notice by the statement that this branch or the business increased
for the year 1906.
Commencing Jan 1 1907, the company adopted what is known as the
two-rate system of charging for electricity
under which 12c. per unit is
charged until a use has been made equivalent to burning all the lamps con¬
nected to the meter 30 hours In each month; after tliIs consumption the rate
will be 5c. per unit lor all additional electricity used in any one month.
While this two rate system will reduce the price of electricity, we feel satisfied
that this will be overcome by the additional business we will be able to se¬
cure, and further, will eliminate to a considerable extent anj- desire for com¬
petition with our company
Right of Wag.—The policy adopted several years ago, to abandon tracks
on highways and place them upon private-right of way,.has been carefully
followed during t he past year and plans are now being prepared for a greater
change in the future.
Stockholders.—The company has 459 stockholders of record, an Increase
of 56 over the j’ear 1 905.
Out! ok.—We feel that the business for 1907 will continue to show large
mcrea
over the past jTear

1903 04.
Year.

1904-05.

1906.

1905.

Year.

9 mo*.

Year.

$2,534,367

$2,524,136

$3,090,918

212,719

200,000

$22,919,524
$2,394,510

Net sales

Earnings
Deduct

—

Peoree. * renew’s
184.327
l ire losses.
236.619
Pref.dlvs..
(5%)2,061.665 (3
...

-

.

..

BaL, surplus.

54)1,546,249 (5%)2,061,665(5%)2,061,605
$835,253

$765,168

$5 1 ,756

$332,845

BALANCE SHEET DEC. 31.
1900.
S

Canton and Cleveland.




and

6,0001 Strasburg
1,000
2.0001Canal Dover .6,000

2,500! New Berlin

Akron
Barberton
Kent

i

.

,

T

baggage and work cars and 7 snow plows

500,0001 Ravenna

Cuj-ahoga Falls.

Outstanding.
Outstanding.
$300,000 Lakev. Land & Imp. 5%.. $65,000
2,700,000 Canton-New Plill. Ry. 5%_ 565,000
1,000,000 Tuscarawas RR. Co, 6%__ 100,000
100,000
1,800,000 Tuscarawas Electric Co. 5%
850,000 Canton-Akron Con.Ry. 5% 1,025,000
Canton-Akron Ry. 5%
1 150,000 N. O. T. & L. 3-yr. notes,
6%
430.000
Canton-Akron Ry. 2d 5%. 300,000
In addition, the company has $170,000 of 6% 3-year notes and $200,000
4% bonds which have been certilied by the trustee.
It has also the right
to Issue $143,000 additional bonds for money expended for additions, im-

plants,

60-lb.
36.40

80-lb.
21.82
T

70-lb.
35.00
T

County, Ohio
The population served by the companj-’s lines Is about 701,500, as fol¬

687, or 16.8%.
033, or 10.2%,

summated whereby this company came

50-lb.
14.00
T

56-lb.
42.78
T

sweepers.
In addition to its railway franchises, the company has perpetual rights
in both Akron and Barberton for furnishing arc and Incandescent lights
and has contracts with both cities for all the arc lights used, necessary for
lighting the streets
The power-houses are located In Bedford, Cuyahoga Falls, Alrron, Bar¬
berton, Canton and Midvale, with sub-stations located near Uniontown,
New Berlin, Massillon, Beach City and Canal Dover.
At Midvale the company owns and operates a coal mine, furnishing coal
for the power-house located at this point.
Also owns about 60 acres of coal
land and a quantity of mining accessories.
The company in addition owns
all the coal underlyingjn 1,011 acres situated In Buffalo Township, Noble

President H. A. Everett says in

A. B. C. RR. Co. 5%
Nor. Ohio Traction Co. 5%
N. O. T. 6c L. Co. 5%
N. O. T. 6c L. Co. 4%
Canton & Massillon 5%

.

city lines, besides several

•

Ohio Traction

_

.73-lb.
-54.12
-Girder

The companjT has traffic arrangement with the Cleveland Electric Ry.
Co. for the operation of its cars from the city limits to the Public Square,
Cleveland.
The Stark Electric RR. Co. has a traffic arrangement with
this company whereby it operates Its cars to the Public Square in the centre
of Canton.
The company has a total of 250 cars, 66 of which are double-truck Inter¬
urban cars, 38 double-truck city cars, 136 single-truck cars used on the

19,135,014 17,628,024

Total

19,135,014 17,628.0241

Total

337

THE CHRONICLE

1907.]

Assets—

Plants, real estate,

patents, <te

.

n.

F
I
Liabilities—
[Common stock

1000.

”

1905.

S
41.233,300 41,233,300
$

74,508.559 74,854,299]Preferred stock
41,233.300
3.376.043 [Accounts payable, 1,567.506
649.299 j Dividend accrued.
515,416
3.311.520] Surplus
4.098,768

Const’n <fc impts.. 4,345,132
Oth. inves’t items. 1,493.070
Cash
1.001,618
Arr’ts & bills rec. 1.924.100
Mdse. Inventory.. 5,315,811
Total
—V.
82,

1905.
S

41,233.300

721.478
515.416
4.047,012

1.273.9571

4.285,3901

88,648,290 87,750.5081
336,
332.

88,648.290 87,750,508'

Total

Chicago, Ill.
(Balance Sheet of Dec. 31 1906.)

Illinois Brick Co.,

1905.
1906.
1906.
1905.
$
Liabilities—
$
$
Assets—
$
4,000,000
Real estate
4,000,000
1.069,109 1.078,209 Capital stock
114,038
127,642
Bldgs. & mach..2,550,607 2,557,307 Accts. paj^able..
60.000
40,000
Aeets. receivable 393,021
370,777 Dividend Jan. 15
256,858
Brick & supplies
230,846
291,945
377,814 Surplus
Cash*
93,805
46,789
..

4.398.488 4,430,896]

Total

Total

4.398.488 4,430,896

expended for betterments and
improvements during the year and does not appear in sur“The

sum

of $95,200 was

338

THE CHRONICLE

plus.” Dividends were declared as follows: In 1905 (V. 82,
p. 390), payable in April, 2%; July, 1 H%; Oct., I3dj%; and
Jan. 15 1906 \y2%\ total, 6H%.
In 1900, April, 1^%;
July, none (V. 82, p. 1500); Oct., 1%; Jan. 1907, 1%;
total, ‘Sy>%. See also the item on a following page of this
issue.—V. 83, p. 1101, 754.
GENERAL

INVESTMENT NEWS.

Awaits More Favorable Conditions.—So action

taken

at

of

stock or bonds under the recent
authorization, and it
is thought probable that such issue will be
deferred for
three or four months unless there is a decided
new

change in
conditions.—V. 84, p. 269, 219.
Bangor (Me.) Railway & Electric Co.—New Stock.—This
company has filed a certificate of increase of capital stock
from SI ,250,000 to SI ,500,000. —V.
82, p. 1155, 333.
Canadian Pacific Ry.—Sale of Preferred Stock.—An official
telegram from Montreal, replying to our,inquiry as to the
accuracy of the reported sale in London of a block of 4%
noil-cumulative preferred stock amounting to
$7,500,000
money

(another

account had it

$6,250,000) says: “The company had
accepted, of 101 and interest, London, but
for a lesser amount than that mentioned
($7,500,000). For
other information,see last annual
report.” (V. 83, p. 500.
The New York equivalent of this London
price is about
98^.—Ed.)—V. 83, p. 1098.
Chicago & Alton RR.—Called Bonds.—Nineteen ($19,000)
Mississippi River Bridge Co. bonds will be paid April 1 1907
at the office, No. 120
Broadway.—V. 84, p. 157.
Chicago City RR.—New Company.—The company was in¬
corporated at Springfield, Ill., on Jan. 7 with a nominal
capital stock ($100,000) as a holding company for the
North and West Chicago Street
Railway lines in the event
of the Union Traction Co.
failing to accept or proceed under
the
a

bid, which

was

terms of the traction settlement ordinances.

The

new

company was formed to meet the objectionable part of the char¬
Chicago City Railway, which does not permit it to extend its
operations across the river.
The Incorporators are all employees of the
Chicago City Railway Co.
The capital stock is divided equally among
T. E. Mitten, President of tlie
Chicago City Railway Co.; Edward Morris
the packer, and John P. Wilson, counsel for the
Chicago City Ry.
T. E.
Mitten. President of the Chicago City Ry., is President, and
R. B. Hamil¬
ton, Mr. Mitten’s private secretary, is Secretary and Treasurer.
ter of the

Chicago City Ry.—Settlement Ordinance Passed.—See Chi¬
cago Union Traction Co. below and Chicago
City RR. above.
—V. 83, p. 491.
Chicago Rock Island & Pacific Ry.—Sale of Equipment
Notes.—Speyer k Co., New York, have purchased, and
largely resold, $6,500,000 equipment 434% notes secured by
equipment costing (about) $7,400,000, towards which the
railway company pays in cash (about) $900,000, and will
issue its equipment notes for the balance,
$6,500,000. These
notes are a direct obligation of the
railway company (old
company), are dated Feb. 1 1907, coupon in form, in de¬
nominations of $1,000 each, interest
payable semi-annually.
The issue matures in 20 semi-annual installments of
$325,000
each, from Aug. 1 1907 to Feb. 1 1917. Until all the notes
have been paid, the title to the
equipment remains in The
vendors, with ample powers in the Bankers’ Trust Co. (New
York), trustee, for the protection of the note-holders. The
equipment follows:
.30

consolidation

locomotives;

20

switching

locomotives;

05

cars

for

Eassenger
service;
2.550
steel underframe
cars; 1.900 steel-frame
and dump
opper cars
gondolas;
550 ballast freight
cars, caboose and furniture cars.
A

Philadelphia firm is offering
534% basis.—V. 84, p. 219, 157.

a

block of the

notes

on

a

Chicago Union Traction Co.—Settlement Ordinances Passed
by City Council—Referendum.—The City Council on Feb. 5
by a vote of 56 to 13 passed the Chicago Railways (Union
Traction) and Chicago City Ry. ordinances providing for a
settlement of their relations with the city.
Neither ordinance
becomes effective unless a majority of the votes cast thereon
at the election on
April 2 are in the affirmative nor unless
the company affected shall file within 90
days from the date
of passage “penal bonds and formal
acceptance of the ordi¬
nance.”
It is generally expected that
Mayor Dunne will
veto the ordinances, but that
they will be passed over his
veto.
The franchises are without any fixed
period of duration, tlie city having
the right to purchase on six months’ notice the
properties at 15% above the
valuation of $29,000,000 and $21,000,000
respectively for the Union Trac¬
tion and Chicago City respectively (see V.
8.3, p. 152.3) and the cost or lm-

Krovements
in theforrehabilitation
scheme. Theifpurchase
incurred
can only
made within
20 years
municipal operation, and
made for parties
e

•ther than the city 20% is to be added to the
price agreed to be paid by
the city.
If purchased after the expiration of 20 years the roads
may be
used for municipal operation or otherwise as desired.
Universal free trans¬
fers arc to be given with the usual 5-cent
fares.—V.

8,3, p. 152,3.

Cleveland Cincinnati Chicago & St. Louis
Ry.—Rumor of
a note issue is impending is not con¬
firmed, though credited by some.—V. 84, p. 270, 155.
Cleveland Southwestern & Columbus
Railway Co.—New
Name.—See Cleveland & Southwestern Traction Co. below.

Notes.—The story that

Cleveland & Southwestern Traction Co.—Consolidation.—
New Name.—This company, which
recently arranged to
consolidate with the Cleveland Ashland & Mansfield and the
Ohio Central, per plan in V. 83, p.




are:

President, F. 'I'. Pomeroy: Vice-President, A. E. Akins; Second VicePresident, S. C. Smith; Secretary, E. F. Snyder; Treasurer, J. O.
Wilson,
Manager, C. N. Wll-

Columbus

meeting of directors this week regarding the issue

was

change its name to the Cleveland Southwestern k Columbus
Railway Co., a line to Columbus being projected, probably
through the purchase of the Columbus Delaware k Marion,
negotiations for which are said to be pending. The officers
and Assistant Treasurer,-II. B.
Cavanaugh; General
coxson.—V. 83, p. 1590, 1228; V. 84, p. 157.

RAILROADS, INCLUDING STREET ROADS.
Atchison Topeka & Santa Fe Ry.—Issue
of New Securities

the

[VOL. LXXXIV.

1590, will, it is announced,

(O.) Railway & Light Co.—Earnings.—No
is issued, but the local newspapers in their
report of the annual meeting give as follows the earnings for
the calendar yearT906:
annual report

Year.
Gross.
Net.
Charges. Dtv.(2%). BaL.sur. Renewals. Tot.sur.
1900_ $ 1,9.31 ,038 $784,007 $477,402 $100,000
$107,205 $09,419 $123,278
1905.
1,798.4 03
85,432
The number of revenue passengers carried for the
year was 42,329,204;
transfer passengers. 11,000,432; total passengers,
53,929,080, an increase
of 4,045,050 over 1905.
[Something is said about the charges including
some $07,000 on amount of renewals, but whether It means
that such an
item is embraced in the $477,402 as above does not
certainly appear.—Ed.j
...

1903.

...

Lease.—The shareholders on Jan. 30 approved the
propo¬
sition to take over the Central Market
lines, now owned by
the Columbus Traction Co. under a
50-year lease with right of
renewal.
The traction company has outstanding $500,000
common stock and
$250,000 of its $500,000 preferred, all
held “for the time
being” by the Columbus Railway k
Light Co. W. B. Jackson in the “Ohio State Journal”

says:

'

The preferred stock is to be paid dividends at the rate of
1}i % quarterly
On the common stock dividends of 1% ate to be
paid in January and July
1908 and January 1909; 1 4% in
July 1909 and January 1910; 2% in July
1910 and January 1911: thereafter 1
‘4% quarterly.
The Columbus Rail¬
way & Light Co. does not assume the payment of the Central Market
bonds,
but only tlie Interest charges of $25,000 a
year on them.—V. 84, p. 51, 157.

Columbus (O.) Traction Co.—Lease.—Sec Columbus Rail¬

& Light Co. above.—V. 84, p. 51.
Urbana & Champaign Ry.—Guaranteed Bonds
Offered.—Baker, Ayling k Co., Boston, Philadelphia and
Providence, are offering at 100and interest, netting6%, the
$328,000 6% serial bonds dated 1905, secured by second
mortgage, and guaranteed principal and interest by Illinois
way

Danville

Traction Co.
These bonds mature in annual installments
of $50,000 each on Jan. 1 from 1908 to
1913, both inclusive,
and the remaining $28,000 on Jan. 1 1914.

Earnings of Illinois Traction Co. for Calendar Y-nr 1900.
$.3,01.3,107 j Bond interest
:.'056,3‘ §
Operating exp. and taxes. 1,051,1551 Dividends, 6% preferred
196 45S

Gross

.

Net

Compare V. 81,

Delaware

&

p.

$1,.301,952 | Surplus
264. — V. 83, p. 435.

Hudson

$509,134

.

Co.—Guaranteed Loan.— The loan

reported to have been made by the United States Mortgage
k

Trust Co. to the Delaware k Hudson Co. was in fact made
Quebec Montreal k Southern Ry. Co. to pay for the
road and for the purpose of
new construction and equip¬
ment already under contract.
This is the property recently
acquired by the Delaware k Hudson Co. “which will give
that company the shortest and best line between New \ ork
and Montreal, New York and Quebec and Montreal and
Quebec.” The loan was made for these purposes exclusively
to the

and

was

guaranteed by t.lie Delaware k Hudson (Jo.

is no other security and no notes
loan for $6,000,000 as

are

issued.

required during the
slightly less than 6%.—V. 84, p. 158, 51.

It is

There

simply

a

year at a rate

Detroit & Port Huron Shore Line
Ry.—Securities Pledged.
—Sec.Detroit United Railway below.—-V.
75, p. 134.
Detroit

(Mich.) United Ry.—Collateral Trust Notes Offered.
Kean, Van Cortland! k Co.,
both of New York, are
offering at 953^ and interest the
$2,000,000 3-year 5% collateral trust gold notes of $1,000
each (c.* ), dated Feb, 15 1907 and due Feb. 15
19.10,
but redeemable at par and interest on
any interest date
upon thirty days’ notice.
Interest payable Feb.- 15 and
Aug. 15. Trust Company of America, New York, trustee.
These notes arc secured by collateral
conservatively eslimated to be worth $2,801.000, viz.:
—William Salomon k Co. and

$100,090 Detroit & Port Huron Shore Line preferred stock.
1,899,200 Detroit & Port Huron Shore line common stock for which the
De¬
troit United Ry. paid $1,500,000.
125,000 Detroit & Port Huron Shore Line fust
mortgage 5% bonds.
100,00(1 Detroit & Lake St. (Hair lirst mortgage 5% bonds.
1,400.000 Detroit United Ry. consolidated 4‘->0;, bonds.
(C-onsol. 4 'os, authorized $‘!5.ooo,onof Uf which
outstanding, $11,367,000;
reserved to retire divisional bonds, $9,o:;o,()0u: reserved
for improvements,
&C.. can only be issued at the rate of 75% of actual
cost of extensions,
betterments or improvements, $4,6! 3.000). :

Report.—The combined results of the Detroit United Ry.,
Rapid Railway System and the Sandwich Windsor k Am¬
herst burg Ry. compare as follows:
Year—
Gross.
1906.. $(>.063,183
1905..
5,125,563
1904..
4,541,805

Net.
OUi.inc.
Charges. (%) Dlrhiends. lial.,sur.
$2,344,561 $.58,758 $1,243,273
(5) $625,900 $535,046
2,084.04U
44,076
1,113,293 (414) 562.500
452,323
1,778.713
42.777
1,075,786*
(4) 500,000
245,704
4,380,975
1,772.998
38.863
1,000,001
(4) 500,000
311.861

Status of Franchises.—The
following has been furnished
explanatory of the franchise situation:
The franchise which lias been discussed in
Detroit this year is that of
the old Detroit. Citizens’ Street Ry., which
expires in 1909.
Tills franchise,
not
however, does
extend beyond the old city limits, which were of narrow
extent 20 years ago, when the franchise was
granted.
As a large majority
of the population lives in the
suburbs, it is evident that they will not be
able to reach their destinations without
transferring to lines owned by the
present company, and paying double fares.
This will be an extremely
strong argument in favor of renewing that part of the Detroit United
franchises (63.8 miles) which expires in 1909.
Other portions of the route
on which franchises expire within the
next 8 years are favorably’ compli¬
cated by’ overlapping franchises and
by the existence of franchises in ad¬
jacent parallel streets, which would enable the Detroit United to
compete
destructively with any concern entering the held, since the latter would
have no through communications, but could
only operate disconnected
lines.—V. 84, p. 270, 51.

Feb. 9

Evansville & Southern Indiana Traction Co.—Bond Issue.
—This recent consolidation has filed a mortgage to the
Trust Co. of North America, Philadelphia, as trustee, to
secure an issue of $4,000,000 5% 30-year bonds, a por¬
tion of which can be issued only upon retirement of the bonds
of the constituent companies—the Evansville Electric Ry. Co.
and the Evansville Princeton A Vincennes Traction Co.
—V. 84, p. 158.
Great Northern Ry.—Possible Note Issue.—Rumors are
current that the company is considering the advisability of
issuing a block of perhaps $25,000,000 notes shortly after a
decision is handed down in the stock issue case by the

appellate

This decision is expected in the near

court.

future.—V. 84, p. 220, 158.

Hagerstown (Md.) Ry.—New Stock.—The stockholders
have voted to increase the

capital stock from $200,000 to

$1,000,000,to provide for extensions, additions, Ac. See
page 46 of “Street Railway” section.
Henderson (Ky.) City Ry.—Sale Ordered.—At Henderson,
Ky., on Feb. 4 Judge J. W. Henson, in the Henderson
Circuit Court, entered an order directing the Master Com¬
missioner to sell the property at auction, it is said, on Feb. 18.
Upset price $80,000. A special dispatch to the “Louisville
Courier-Journal” says:
“J. H. Lyne, the former proprietor,
took a mortgage for $59,500, and it was by him that the
present suit was instituted.”—V. 83, p. 380; V. 78, p. 1497.
Hocking Valley Ry.—New Issue Car Trusts Offered.—Wil¬
liam Salomon A Co., New York, are offering at prices to
yield the investor 5%, the unsold portion of a new issue of
$900,000 4% gold equipment obligations of $1,000 each (c*),
series B of 1907, principal and interest payable in New York
City, dated Feb. 15 1907/interest Feb. 15 and Aug. 15;
prncipal due in semi-annual installments of $48,000 each
from Aug. 15 1907 to Feb. 15 1917 inclusive.
of 1,000 steel frondola
Of the purchase price,
$240,000 will be paid partly In cash and partly in material at cost to it,
by the Hocking: Valley Ry. Co., and the remainder from the proceeds of
these obligations.
Until delivery of the cars, the cash proceeds of the obli¬
gations remain on deposit with the Lincoln Trust Co., trustee, to be applied
to such payment when due and the title to the cars remains with the trustee
Until all obligations aro paid.
These obligations will be Issued for the payment
coal ears of 50 tons capacity, costing SI,200 each.

The'$458,000 4% equipment trust gold notes, series A,
referred to last week (V. 84, p. 271) were
purchased from the company by Brown Brothers A Co. of
New York, who are offering them for sale.
dated Feb. 1 1907,

These notes are a direct obligation of the railway company, and are
secured by 500 steel under frame drop bottom gondola coalcarsof 11 ftv
tons capacity, constructed by the Ralston Steel Car Co., the cost of which,
fully equipped with air brakes and M. C. B. couplers, aggregates $575,000.
Denomination $1,000 (e*).
Interest payable Feb. 1 and Aug. 1. United
States Mortgage & Trust Co. of New York, trustee.—V. 85, p. 271.

Huntingdon & Broad Top Mountain RR. & Coal Co.—
Earnings.—For the year ending Dee. 31:
Year.
190ft
1905
—V. 82, p.

Gross.
S841 545)

797,407

..

Net.

$312,305
353,153

Charges.
$116,190
100,100

Pref. Dividends. BaL.sur
(7%) $ 140.OOP
$50,115

(5l,$%) 110,000

130,003

1207.

Illinois Central Traction Co. —Earnings.—Julius Christen¬
A Co., Philadelphia, Pa., in offering a block of first

sen

mortgage 5% sinking fund gold bonds (compare V. 82, p.
804), guaranteed by Illinois Traction Co., report:
Earnings

of

Illinois. Central

Traction

Co.

Expenses &

for Calendar Years.
Bond
Bnlann-,

Gross.
Tares.
Net.
Interest. Surplus.
.$220,001
$120,201
$103,100
$05,000
$38,100
02.540
05,000
27.540
178,181
85,032
Compare Danville Urbana & Champaign Ry. above.—V. 82, p. 804.

Year—
190ft
1905

.

_

.

Indiana

Columbus

&

Eastern Traction

Co.—Listed in

Philadelphia.—The Philadelphia Stock Exchange has listed the
$5,321,000 “general and refunding mortgage” 5% gold bonds.
Compare V. 83, p. 37 —V. S3, p. 1098.
Kanawha
&
West Virginia RR.—Guaranteed Bonds
Offered.—Megargel A Co., 5 Nassau Street, New York, are
offering at par and interest a block of the first installment
of $1,000,000 first mortgage 5% gold bonds, which alone
of the issue are unconditionally guaranteed as to principal
and interest by endorsement by.the Blue Creek Coal A Land
Co., $800,000 thereof having already been sold. These
bonds are dated July 1 1905 and due Jan. 1 1955, but
subject to call after Jan. 1 1908 at 105 and interest .- Interest
payable Jan. and July at the Scranton Trust Co., Scranton,
Pa., trustee. Denomination $1,000 (c*). Authorized, $5,000,000. These bonds, to be issued at the rate of not more
than-$25,000 per mile, are secured by a first lien on the road
alreadjr built and in operation (about 35 miles) and will
cover that in course of construction in like manner.
The
mortgage
covers the entire property of the company,
including twelve acres of valuable terminal property and
docks in Charleston, equipment and all other property now
owned or hereafter acquired.
See further particulars in
V.

S3

d.

1524.

Terminal Ry. —Stock.—The shareholders will
office, corner of 22d St. and Grand Av., Kansas
City,-Mo., on March 23,for the purpose of voting upon a
proposition to increase the capital stock from $30,000,000 to
$50,000,000. John M. Egan is President and C. C. Ripley
Kansas City

887 82.
The officials are ready to meet with
discuss any features In the last ordinance.

Secretary.
Acquisition.—The company has purchased the Burlington
tract of 2{/2 acres in Kansas City.
President Egan on Jan. 30
said:
This tract of land close? the purchase of real estate wanted for the depot
location and approaches to same between Grand Av. and the Southwest
?>*ulevard, and consists of 115,740.27,square feet.
Consideration, $263.-

the municipal authorities and

The terminal company,

it is said, now owns practically 45
which have been acquired for station purposes, be
tween Grand Av. and Broadway, this including the holdings
of the Kansas City Belt Line Co.—V. 83, p. 323, 95, 153.
Kittanning & Gowanshanock Valley Street Ry.—Receiver¬
ship—Suit.—The “Pittsburgh Gazette” of Jan. 31 says:
acres,

Subscribers to the stock of the Kittanning & Cowanshanock Valley Street
Ry. Co., which has been placed In the hands of a receiver, will be sued for
the amount of an assessment on their subscriptions.
Judge Buffington, In
the United States Circuit Court, made an order yesterday allowing Walter
Morris, the receiver, to enter such suits. An assessment of the stock was
ordered by the United States Court some time ago, but some of the sub¬
scribers claim the stock was not to be paid for until the road was com¬

pleted.

Lima & Toledo Traction Go.—Earnings, &c.—E. H.
Rollins A Sons, Boston, Ac., when recently offering at par
and interest $50,000 Fort Wayne Van Wert & Lima Traction
Co. first mortgage 5% gold bonds dated April 1 1905 and
due July 1 1930 (of which $1,400,000 are outstanding; see
V. 82, p. 691, 804), gave the following:
The Fort Wayne Van Wert & Lima Traction Co. was leased on March 1
1906 to the Lima & Toledo TractionCo., which is theowner of a road from

Lima to Toledo, 18 miles of which has just been placed In operation, the
balance being under construction.
Under the terms of the lease, the Lima
& Toledo Traction Co. guarantees the payment of the Interest on the bonds
and agrees to make provision for the refunding of the principal at maturity.
The Lima & Toledo Co. also leases the Lima Electric Railway & Light Co.
under tlie terms of a lease through which It converts to its own use, after the

payment of certain rentals, the surplus earnings of the Lima property,
available for the payment of the interest on the

which surplus earnings are
Fort
Wayne Van Wert &

Lima Traetlon bonds, under the terms of the

guaranty.

,

.

Earnings of Limn
Toledo Traction Co. for 11 Months ending Nov. 30 1906.
Gross earnings
$380,144 I Bond and other Interest
$115,579
Operating exp. (Incl, taxes)
.232,953 | BaL, sur. “lor rental payNet earnings
147,191 j
ments on stock and dlvs.”
31.612
The operating expenses Include 4% of the gross passenger earnings for
accident fund.
Included above for the entire 11 months are the earnings
of the Fort Wayne Van Wert & Lima Traction Co., which during January
and February 1906 was under a former management.— V. 83, p. 38.
_

Long Island RR.—Decision.—The Appellate Division of
Supreme Court in Brooklyn on Feb. 1 dismissed the ap¬
plication of the company, as lessee of the Nassau Electric
RR., for authority to construct a surface trolley road on
portions of Atlantic Ave. outside of the present right of way,
where necessary for turnouts to get around the approaches
to the depressed and elevated sections of its steam road.
The decision is based on the ground that the company, hav¬
ing availed itself of the provisions of the Atlantic Avenue
Improvement Act, has no legal right to construct a surface
trolley road on the right of way formerly occupied by the
steam road.
An appeal will be taken to the Court of Ap¬
peals. Compare V. 74, p. 1139.—V. 82, p. 864, 868.
Michigan Central RR.—Lease of Tunnel.—Notice is given
that an application will be made to the Canadian Railway

the

Commission for a recommendation to the Governor in Coun¬
cil, for the sanction of an agreement dated Dec. 19 1906,
leasing the rights and property of the Detroit River Tunnel
Co. to the Michigan Central RR.—V. 84, p. 271.
Milwaukee (Wis.) Electric Railway & Light Co.—New
Director—No Action on New Securities.—At the adjourned
annual meeting on Feb. 4 George P. Miller, of the Mutual
Life Insurance Co., was elected a director, succeeding
Frank G. Bigelow.
The meeting took no action on the issue of additional 6tock
contemplated in the notice sent out by the officers, but ad¬
journed subject to call. Compare V. 84, p. 102, 221.
Mobile Jackson & Kansas City RR.—Change of Manage¬
ment.—As a result of negotiations conducted by Prince
Poniatowski,the President of the French Finance Corporation
of America, the management and control of the Mobile Jackson
A Kansas City and its leased line, the Gulf & Chicago, have
been vested in a voting trust consisting of John E. Borne,
President of the Colonial Trust Co., the trustees of the Gulf
A Chicago mortgage; Alexander McDonald, a director of
the Cleveland Cincinnati Chicago A St. Louis Ry., and B. F.
Yoakum of the Rock Island system.
Messrs. McDonald
and Yoakum are largo stockholders in the Mobile Jackson
A Kansas City and the Gulf A Chicago, and it is said that
through these gentlemen the funds have been provided to
take care of the floating debt, understood to be something
over $1,000,000.
The further fact that Mr. Yoakum will
supervise the operation of the road, it is thought, indicates
that the line will eventually form a part of the Rock Island
system as an outlet to the Gulf.
The argument on the appeal of the company from the
order vacating the receivership for the Mobile Jackson A
Kansas City pending such argument has been sot for a hear¬
ing in the Supreme Court of Alabama on April 3. In view,
however, of the change in the management brought about
bv the united action of the more important interests, and the
further fact that there has been no default in payment of
interest, it is thought that the arrangement just made will
not be disturbed:—V. 84, p. 102 99.

meet at the




339

THE CHRONICLE

1907.]

on

National RR. of Mexico.—Second Dividend.—The directors
Jan. 29 declared the second regular semi-annual dividend

the first preferred stock, payable Feb. 11 to stock¬
83, p. 1471.
New Orleans Railway & Light Co.—Maturing Bonds.—
The $125,000 New Orleans A Carrollton Railway, Light A
Power Co. 2d mortgage 6% bonds Nos. 226 to 350, aggre¬
gating $125,000, matured Feb. 1 and are beingpaid on pre¬
sentation at the Whitney-Central National Bank, NewjOrleans.
Compare V. 82, p. 1502.—V. 83, p. 1411.
of

1%

on

holders of record Fob. 5.—V.

340

THE CHRONICLE.

New York Central & Hudson River RR.—Retrenchment.—
At a meeting of the directors of the New York Central .and
several of its subsidiary lines,
including the Lake Shore,
the Michigan Central and the Cleveland Cincinnati
Chicago &
St. Louis, held on Feb. 6, the question of

limiting improve¬
during the current year, it is learned, was infor¬
mally discussed and generally approved. A director says:

ment work

We have determined not to do more Improvement work this
year than we
way clear to pay for. and this means that we have got to
limit such
expenditures to a much smaller amount than we would do were It possible
to sell stock or bonds advantageously.
The New York Central has found
It Impossible to Interest any one In new Issues of
either stock or bonds, and
it was for this reason that we sold $50,000,000 of
ilotes.
We do not feel
justllled, however, in going far with linancing of this kind, and until
perma¬
nent securities can be placed to better
advantage than now, we shall have
to go slowly in the matter of
improvement work.
We have under contract now new
equipment costing all told about $30,000,000.
The recent note Issue was placed principally to cover the cost of
this equipment and to provide $10,000,000 for the
continuation of the work
on the New York
City terminal.
The balance is to be used for other general
purposes.
The orders for new equipment we cannot cancel, nor would we
cancel them If we could.
We believe that it will all be needed to handle the
road’s traffic, but other less essential
expenditures will have to be curtailed.”
—V. 84, p. 271, 150.
see our

New York New Haven & Hartford

RR.—Ojjer jor Steam¬
ship Lines.—Charles W. Morse has made a proposition to
purchase this company’s steamship lines with a view, it is
supposed, to including them in his proposed amalgamation
under the title of the Consolidated
Steamship Lines (V.84,
p. .53, 101, 223).—V. 84, p. 271, 221.
•
•, •
Owensboro (Ky.) City RR.—New Stock.—A
press dispatch
says that the capital stock has been increased from 850,000 to
8150,000, all the additional stock being 6% preferred, re¬
deemable at the option of the
company at the end of five

years.—V. 79,

p.

270.

Pennsylvania RR.—Payment Received for A. Y. Post Office
Site.—On Jan. 28 a check for $1,000,085, drawn on the
Assistant Treasurer of the United
States, was received by
this company’s
subsidiary, the Pennsylvania New York
Long Island Ry. Co., in payment for the new Post Office site
on

the east side of 8th Av. between 31st and 33d
streets,

being part of the land acquired in connection with the build¬
ing of the company's terminal station for its tunnel lines into

the citjL
Car Trust Leases Piled Under New
Equipment
“Philadelphia Record” of Feb. 5 said:

Trust.—The

The managers of the •’Pennsylvania
general freight equipment trust,’
the recently organized $100,000,000
perpetual car trust, yesterday placed
on record In the Recorder of
Deed’s office, a series of leases
covering 21,878
cars, leased by the trust to tlie
Pennsylvania and involving the first issue,
under the new trust, of $25,000,000 of
certificates'in series of $1,000,000
each.
These certificates represent the costs of the cars
ordered for 1000
delivery.
Compare V. 8 1, p. 221

Rock Island Co.—Probable
AcquisitionSee Mobile Jack<fc Kansas City RR. above.

son

Notes Sold.—See Chicago Rock Island & Pacific
Ry. above.
Conditions Not Favorable for Extensions.—A

from

Austin, Tex.,

press

on

dispatch

Feb. 5 states that B. F. Yoakum,

Chairman of the executive boards of the Rock Island and
St. Louis & San Francisco
railroads, in an authorized inter¬
view said:

'

A

We are now completing the work we have been
carrying on for three
years, which includes the Trinity <fc Brazos Valley from Fort
Worth and
Dallas to Houston and Galveston, the line from
Houston to New Orleans
Including the extension of the Rio Grande Northwestern to Newton and
the Gulf Coast line.
(The Trinity & Brazos Valley is a
joint
of the St. Louis & San Francisco and the Colorado
Southern.
See the lastnamed company, V. 84, p. 270.—Ed.)
We are not contemplating any new
construction, although there Is some
building which should be undertaken within the next few
Money
conditions are such that we shall not undertake much new years.
work.
While the tendency has been toward a reduction of
rates and some ob¬
jectionable legislation has been enacted. I bcileve a better and more
friendly
fueling between the people and the railroads is being brought around.
I think we fool ourselves If we think this
great rush of prosperity is going
to continue forever.—V. 83, p.
1591.

enterprise

Rockland South Thomaston & Owl’s Head
Ry.—Sale
March 8.—A press dispatch from
Rockland, Me., announces
that under decree filed in the
Supreme Judicial Court of the
State on Feb. 4 this property will be sold at Rockland to the
highest bidder on March 8.
The receivers are Arthur S. Littlefield. S.
Thayer Kimball and .Joseph E.
Moore.
The line to ('rescent Beach was
completed In the summer of 1900.
—Vr. 83, i). 97.

St. Louis & San Francisco
RR.—Proposed Consolidation.—
The Congressional Committee on Indian Affairs has
approved
the bill authorizing the consolidation of several lines owned

by this company which

are not

parallel and competing, as
& New Orleans, from
Hope, Ark., 280 miles; St. Louis & Oklahoma City, from
Sapulpa, I. T., 105 miles; St. Louis Oklahoma & Southern,
from Sapulpa, 193 miles; Oklahoma
City <fc Western, from
Oklahoma City, 182 miles.—V. 83, p. 1591.
follows:

St.

Louis

San

Francisco

Seaboard Air Line Ry.—Extension of Collateral Notes.—
The Continental Trust Co. of Baltimore
gives notice, by ad¬
vertisement on another page of this
issue, that the holders
of the $4,605,000 “mortgage and collateral trust”

5% 3-year
gold bonds, dated March 1 1904, who shall deposit the same
with said trust company in
Baltimore, the New York Trust
Co., New York, or E. II. Rollins & Sons, Boston, on or before
March 1, will receive a cash payment of $20 on each bond
and have their bonds extended until
May 1 1911. All bonds
not so extended will be
purchased by the Continental Trust
Co. on March 1 1907.
President Alfred Walter gives the
following facts regarding the extension:
The company is to extend the bonds from March 1 1907 to
May 1 1911,
with Interest at the rate of 5% per annum, payable
semi-annually on
and March 1 In each year (except that the final Installment shall be Sept. 1
interest
for two months, payable May 1 1911), at the office of the New York Trust
Co., the Hen of said “mortgage and collateral trust agreement” dated
March 1 1904, now securing the said bonds, to continue
unimpaired.
The




[VOL.

LXXXIV.

Interest due March 1 1907 will be cashed at the time >f
the deposit of the
bonds for extension, upon surrender to the Continent;.!
Trust Co. of Balti¬
more, Md. of the coupons due March 1 1907.—V. 84. p.
272.

Southern Railway Co.—Application to List.—The
New
York Stock Exchange has been
requested to list $250,000
additional St. Louis Division 4% bonds of 1951,
$800,000
additional Memphis Division first
mortgage 5% bonds of 1996
and $1,351,000 additional first consolidated
mortgage 5%
bonds of 1994, making the amounts listed
$12,500,000,

$6,583,000 and $48,137,000 respectively.—V. 84, p. 221,159.
Transcontinental Electric RR.—A Huge Project.—This
company, incorporated under the laws of Maine on Jan. 3,
with $50,000,000 of authorized
capital stock, recently offered
in this city $5,000,000 of its stock at $66
per $100 share.

According to the prospectus the main line Is to run from some point in the
vicinity of New York City to a point in Illinois on the Mississippi
River,
with a branch parallel to the
Mississippi from the Gulf of Mexico to Lake
Michigan.
The Treasurer, J. Lloyd Haigh, has had an office at 60 Broad¬
way.

Underground Electric Railways Co. of London.—Final
on Stock
Subscriptions.—The directors on Jan. 30 issued

Call

call on the stockholders for the final
their subscriptions,
a

payment of 25% of
making the shares full paid. Compare
“Annual Reports,” in V. 84, p. 104.
Union Traction Co. of Indiana.—Dividend—Correction.—
The dividend paid Jan. 10, we
learn, was l/2 of 1%, not 1%
as stated in V.
84, p. 52.
United Railroads of San
Francisco.—Application to List.—
The New York Stock Exchange has been
requested to list
$5,409,000 additional 4% sinking fund bonds of 1927, making
the total listed $25,409,000.—V. 84.
j). 104.
Wallula & Oswegatchie RR.—Judgments.—On Jan. 28
two judgments
aggregating $2,150 were entered by default
against this company, with office at 143 Liberty St., in

favor of Victor II. Rocdclheim on assigned claims of Edward
S. Farron for salary as President foi
1906, $2,030, and rent
of

office, $120.
Washington (D. C.) Railway & Electric Co.—Offering of

Guaranteed Bonds.—See Potomac Electric Power Co. under
'“Industrials” below.—V. 83, p. 97.
Westchester

(Pa.)

Street Ry.—Bonds Offered.—George

B. Atlec & Co., 119 South 4th St.,
Philadelphia, are offering
a block of this
company’s first mortgage 5% gold bonds
dated August 1902 at 99 and interest.
A circular
says:

Bonds authorized, $1,000,000;
outstanding. $600,000: reserved for ex¬
tensions and Improvements, $100,000.
Earnings for cal ndar year 1906:
Gross, $93,738; net, $44,563; Interest charges and taxes,
$31,258-surplus,
$13,305.
For the year ending June 30 1905 the gross earnings were $66,531
—V. 78. p. 2444.
,

Western Pacific Ry.—Favorable Decision.—The United
States Circuit Court of Appeals at San Francisco on Feb. 4,
reversing the decision of Judge Morrow, held invalid the
claim of the Southern Pacific to land extending out to the
present bulkhead line on the Bay of San Francisco at Oak¬
land, Cal. The result of the decision is to afford the Western
Pacific the terminal facilities it desired on the Oakland
water front.—V.

83,

p.

689.

West India Electric Co.,

Kingston, Jamaica.—Condition
of Property.—The Montreal agent of this company (which
operates the trolley and electric plants at Kingston, Jamaica)
received the following cable from Kingston
regarding the
effect of the recent earthquake on the
company’s property:
“Dam and pipe all right; principal records safe; transformer
station being repaired, track being cleared to start; loss in
assets comparatively small.”—V. 83,
p. 152.
INDUSTRIAL, GAS AND MISCELLANEOUS.
American Radiator Co., Chicago.—Extra Dividend on Com¬
mon
Stock.—The directors on Feb. 5 declared, with the

usual quarterly dividend of \%.% on the
$3,000,000 preferred
stock, payable Feb. 15, and the usual 1% quarterly on the
$4,922,300 common stock payable March 30, an extra divi¬
dend of 2% on the common shares,
payable March 30, along
with the regular distribution to holders of record March
23,
The preferred shares have received their full
7% per annum
regularly since the organization of the company in 1899 and
the common shares have had
4% since December 1904.—
V. 83, p. 381.
Baldwin

Locomotive

Works.—Fire.—On

Jan.

29

fire

destroyed the erecting shop, paint shop and drawing

for electric locomotives.

room
The loss is estimated to be within

$500,000; insured for $309,000, but “the principal loss is
that all our drawings for electric locomotives and trucks
were destroyed.”
Rebuilding is in .progress. The company
on Feb. 6
completed its 30,000th locomotive, 54 having been
shipped, during the fire week.—V. 84, p. 161.
Calumet & Arizona Mining Co.—Dividend Increase.—The
directors have declared a quarterly dividend of
50% ($5 per
share) on the $2,000,000 stock, contrasting with 40% paid
in December 1906, 35% in
September and 30% in June 1906.
See V. 83, p. 438, 1100.
Chattanooga (Tenn.) Gas Co.—Successor Company—Bonds
Sold.—Child, Hulswit & Co., of Grand Rapids, Mich.,
having purchased the Chattanooga Gas Light Co., took over
the property as of Jan. 1 1-907.
A new 20-year franchise
has been secured.
A block of $500,000 first mortgage sink¬
ing fund 5% bonds has been sold to the American Trust &
Savings Bank, Chicago, and E. H. Rollins & Sons. Geo. B.
Caldwell, Manager bond department of the American Trust

S2B1CB

I

Feb. 9
&

Vice-President of Liverpool to Southampton in order to meet, in competition

Savings Bank, and Geo. H. Taylor,

Rollins & Sons, are directors in the new company, which will
be known as the Chattanooga Gas Co., capitalized at $750,000 common and $500,000 6% preferred, and with an au¬

of $1,500,000. The bonds will be
ready for the market in February. Compare V. 83, p. 1349.

thorized bond issue

65091

Chicago Pneumatic Tool

Profits.
&c.
15)06 --$1,001,550
$150,082
127,927
1905
852,612
165,255
1904
470,579
—V. 83, p. 1038, 381.
Year.

.

-

Co.—Report.—For calendar year:
Bond

Deprcc.,

Net

Cal.

Interest.
$115,000
115,000
115,000

Slnk’g
Dividends
Balance>
Fund.
on Stock.
Surplus.
$50,000 (4%)$244,351 $442,117
50,000 (4%) 244,551 315,134
140,324
50,000

Co.—Earnings.—President
E. B. Leigh has addressed a letter to shareholders stating,
it is said, that the net earnings on the $2,500,000 stock, on
which 7% dividends are paid, were last year a fraction over
Chicago Railway Equipment

28%.—V. 78,

p.

1273'.

Co.—Incorporated.—The
company was incorporated with $100,000 stock at Springfield, Ill., on Jan. 30, to take over under lease the automatic
telephone system operated by the Illinois Tunnel Co. The
Chicago & Western Telephone

possibly
three subsidiary companies incorporated to take charge of
the long-distance business.
E. L. Barber, connected with
independent telephone companies in Ohio and Indiana,
J. D. Powers of Louisville, Ky., and R. R. Conklin, of the
Atlantic Telephone Co., are reported to be interested in the
companv.
See Independent Telephone Co. of Chicago in
V. 84, p. 162. .{ • * •, .• •r;V,2-.V^ ^ L** • * • ' ' ^
^•Citizens’ Gas & Electric Co.,'Waterloo and Cedar Falls,
Iowa.—Earnings.—II. L. Crawford & Co., New York, in
offering a block of the outstanding $550,000 5% sinking fund
gold bonds, dated Jan. 1 1906, report:

stock will be later increased and, it is stated, two or

.

11 mos. 1906.
$155,828

Earnings—

Gross
Net (over operating: expenses)
Annual Interest charge on bonded
V. 83, p. 274.

Diamond Match

1904
1903

Year 1905.
$124,146

$73,358
debt $35,000.

Year 1904.
$101,536

$47,692
See full particulars In

$64,696

Co.—Earnings.—For year ending Dec. 31:
Net.
...$1,993,000
1,772,279
1,653,369

Year—

1,824,089

Div. (10%)
$1,550,000
1,500.000
1,500,000
1,500,000

Balance.

$443,000
272,279
153.369
324,089

Prev. sur-

$1,000,000
1,000,000
1,000,000
2,194,593

quarterly dividend, 2}4%, has been declared,
payable March 15 to holders of record March 5.—V. 83, p.
The usual

820.

with the German lines, the growing demand of travelers
for facilities to embark and disembark at either a Continental

British port, thus obviating for them the necessity of
crossing the English Channel.—-V. 83, p. 1232.
International Silver Co.—Extra Dividend.—The directors

or

Feb. 4 declared an extra dividend of 1% on the $6,607,500
preferred stock, payable March 1 1907 to stockholders of

on

record Feb. 16 1907.

The preferred shares have received dividends as follows:
April 1900,
% %; 1901, none; Jan. 1902 to Jan. 1907, both inclusive, 4% yearly
(1% Q.-J.); also In Jan. 1903 scrip for unpaid dividends, 21 H%.—V. 84,
p. 223, 162.
1

Interstate

Engineering Co., Cleveland.—New Stock.—This

company, it is said, in November last increased its capital
stock from $500,000 to $1,500,000.
Interstate Telephone Co., Ltd., Spokane, Wash.—Pres¬
ident M. A. Phelps, Jan. 28, writes:
organizedln 1901 with an authorized capital of $20,1903 the capital was Increased to $100,000; Nov. 2
Increased to an authorized amount of $500,000 of
common stock (par $100) .also an equal amount of 7% comulatlve preferred
stock (par $25), with an authorized bond Issue of $500,000, secured by
mortgage to the Spokane & Eastern Trust Co. as trustee.
These bonds
Tills company was
000.
In September
1906 It was further

has

will be sold lor extensions and improvements, and the company
no
debt of any account.
It Is Intended to sell about $250,000 worth of bonds
for construction during 1907.
The bondsaretirst mortgage 20-year sink¬

ing fund 6% gold bonds dated Nov. 1 1906 and due Nov. 1 1926, but subject
to call to any amount in [and presumably after—Ed.] 1912 at 106.
De¬
nominations $100, $500 and $1,000.
Interest payable May 1 and Nov. 1
at Chemical Nat. Bank, N. Y. City.
Sinking fund after 5 years to retire
Issue.
This company has about 300 miles of
line business, although it has about 500
in Idaho.

toll line and does practically a toll
’phones installed in different towns

Ice Co., Chicago.—Injunction.—Judge
Grosscup in the United States Circuit Court at Chicago on
Wednesday granted the temporary injunction asked for by
Lynden Evans of Chicago and Meyer H. Lehman of Lehman
Bros., New York, (holders of ,95 and 400 shares of stock
Knickerbocker

respectively), acting in behalf of the stockholders protective
committee (V. 83, p. 1527) restraining Thomas Maclay & Co.
from voting on the 31,400 shares of stock of record in their

Federal

Sugar Refining Co.—On

Unlisted Sheet..—The
quotation in the
and $6,677,200

New York Stock Exchange has admitted to
unlisted department $3,322,800 preferred

See V. 83, p. 326.
General Fire Extinguisher Co., Providence, R. I.—New
Stock.—On Feb. 11 this company will issue $500,000 addi¬
tional common stock, all of which has been subscribed for;
this will increase the total amount of the issue outstanding
to $3,000,000.
Limit of authorized issue of common stock,
$5,000,000 (no preferred); par $100. There is also out¬
standing $1,000,000 8% debenture stock, par $100, payable
in case of liquidation “at, par, subject to other liabilities,
except capital stock;” interest payable 'quarterly (April 1,
&c.) in Providence. The life of the corporation is fifty
years, at the end of which time the stock may be paid off.

common

stock, par $100.

No bonds authorized or issued.

York In 1892.

The company was Incorporated under the laws of New
manufactures and Installs automatic sprinklers, hydrant piping
and hot-water heating.
The main manufactory is located at

ft

and steam
301 West

Exchange St., Providence, and the executive offices are In the Union Trust
Co. Building In that city.
In addition the company has plants or offices In
New York, Chicago, Boston, St. Louis, Philadelphia, Cleveland, Cincinnati,
Buffalo, Warren, O., Atlanta, Ga., Charlotte, N. C., Montreal, Quo., ami
Pittsburgh, Pa.
Directors.—President and General Manager, Frank H. Maynard; VicePresident.
Russell Grlnncll: Second Vice-President, \Y. A. Nerachcr:
Treasurer, W. S. Hackney; Secretary. F. W. Hartwell: Chairman board of
directors. O. C. Barber, Barberton, O.; G. Gunby Jordan. Columbus, Ga.;
Charles Baird, Akron, ().; Edward O. Richards and Edward Holbrook,
Mr. Grlnncll Is a director and Mr. Richards is Secretary of the
New York.
Automatic Fire Alarm Co. of New York.
The company’s dividend record

quoted in Providence

is not reported but In November last the stock was
at 280 bid and 285 asked.
Compare V. 80, p. 873; V.

76, p. 333.

Gorham Manufacturing Co.—Alliance.—Sec
Stocks Co. below and in V. S3, p. 1292.

Silverware

Chicago.—Report.—See “Annual Re¬
preceding page.
New Officers.—Treasurer C. I). B. Howell has been elected
President to succeed George G. Trussing.
The other officials
Vice-President and Auditor, C. B. Vernooy; Treasurer,
are:
J. II. Gray; Secretary, William Schlake.
The retiring
directors were re-elected, excepting A. J. Weekler, who was
succeeded by John II. Gray.
The changes, it is hoped, will
lead to the end of the brick war.
(Compare V. 82, p. 150.)
—V. 83, p. 1101, 754.
Independent Telephone Co. of Chicago.—See Chicago A
Western Telephone Co. above.—V. 84, p. 162.
Illinois Brick Co.,
on a

International Mercantile Marine

Co.—Southampton and the

White Star Line.—The managers of the
which is controlled by this company, on
their ( ecision .to^transferjfctheir express




White Star Line,
Jan. 7 announced
mail service from

itW/W ’f

fl

1

or in those
of other holders in their interest.
Accordingly the annual meeting which was to take place on
Wednesday was adjourned for lack of a quorum to March 14.

names

The proceedings are based on the broad grohnds (1) that the laws of
Illinois, under which the Knickerbocker Co. Is Incorporated, forbid the
holding of stock by a non-resident corporation, and (2) that the plan to
turn over control to the Western.Ice Co. Is designed to bring alleged undue
profit lo Thomas Maclay & Co. at the expense of minority holders,
such alleged proiit consisting of $2,550,000 In securities of the Western
Co. in excess of what other holders of a corresponding amount of Knicker¬
bocker stock would receive under tlie terms of sale to the Western Ice Co.
V. 83, p. 1593, 1527.

Ice

s

—

Distillers’ Securities Corporation.—Denatured Alcohol Subsidiary.—See United States Industrial Alcohol Co. below.
-V. 83, p. 1349.
RSI

ports”

341

THE CHRONICLE.

1907.]

River.—Stock Dividend.—The
to increase the stock from
$300,000 to $600,000 (in shares of $100 each), the new stock
to be distributed as a 100% stock dividend.

Laurel Lake Mills, Fall
stockholders voted Feb. 5

$500,000 to $200,000 and $100,000
This reduction Is to be restored.
During the year ending
dividends amounting to 8% were paid, the last of 5% Including
Another dividend of 5%, Including 3% extra, was paid Feb. 1

1899 the stock was reduced from

In

paid for In cash.
Oct. 1

1906

3% extra.
1907.

Manufacturers’ Light &
—For calendar year 1906:

Heat Co., Pittsburgh.—Earnings.
Bal.,sur.

Year—
Gross.
NewWells,&cBondlnt. Other lnt.
Net.
1906 ...$5,167,278 $3,687,749 $1,049,055
$544,789 $223,342
1905
5,003,2921
1904
4,762,989/ 6,709,782 1,215,358 1,142,670

$1,870,563

...

4,351,754

...

Note.—The above statement takes no account of the dividends paid,
which for 1906 aggregated 4
% ($945,000) and for the two years 1904 and
1905 were 6"(,
yearly ($2,520,000), nor of the bonds redeemed.
During
the year 1906 the bonded debt was decreased from $8,785,000 to
and the bills payable were Increased from $2,664,828 to $4,029,519.
company sold during the year 39,088.478.000 cubic feet of gas.
an
increase for the year over 1905 of 1,019,189.000 cubic feet, or an average
Increase per day of
and V. 82, p. 390.

2,240,000 cubic feet.

$8,221,000
The
being
1594, 1527.

Compare V. 83, p.

New Directors.—At the annual meeting on Feb. 6
directors were elected, viz.: William Flinn, E. H.
and A. E. Succop of Pittsburgh and J. E. Gill and

five new

Jenkins

Thomas

^

■

Alexander of Franklin, Pa., the first two named to represent
the Colonial Trust Co. of Pittsburgh under the floating debt

agreement and the last two to

represent the minority inter¬

ests:
J. E. Glll.F. N. Chambers, E. H. Jennings and William
O. 11. Strong, E. H. Meyers, H. B. Beatty and L. A.
A. E. Succop, Thomas Alexander, James Kuntz,

Flinn, three years

Meyran, two years;
Jr., and H. I. Beers, one

year.—V. 83,

p.

1594.

Niles-Bement-Pond Co.—-New Directors.—James P.

Kinney and George T. Reiss have

been elected directors to
and Gordon Shillito,

W. S. McKinney, resigned,
deceased.—V. 83, p,41350. ^

succeed

Mc¬

i’s

ili
■i

*

North American Co.—New Subsidiary.—See remarks about
St. Louis County Gas Co. in last week’s “Chronicle” on page

278.—V. 84, p. 219, 269,

278.

Montana Coal & Coke Co., Boston, Mass.—Reorganization
Committee.—At a meeting of the large stockholders, direc¬
tors and creditors held on Jan. 31, the following reorganiza¬
tion committee was appointed: J. A. Coram, 60 State St.,

Boston; Joseph N. Lovell of

Towle & Fitzgerald, Boston,
New York City. This

and S. S. Rosenstamin, 42 Broadway,
committee expects to submit a plan

shortly.—V. 83, p. 1415.

¥ork & Cuba Mail Steamship Co .—Old Bonds Paid.—
The bond issue authorized in 1900 has been paid off, and
there is now no funded debt.
An officer of the company
says that so far as he knows no new issue is contemplated.
Capital stock at last accounts, $2,500,000; par, $100. The
of a sale of the property to Charles W. More is
rumor
pronounced
again
premature.—V. 72, p. 187.

:

’

New

>

V

342

THE CHRONICLE

New York & Wilkes-Barre Coal Co.—Protective
Committee.
—Interest due Nov. 1 1902 on the $178,000 first
mortgage
Gs being still in
default, Otto T. Bannard, Sidney C. Borg
and Gustavus Maas have
agreed to act as a protective com¬
mittee, and request deposits of the bonds with the New York

Trust Co.

annual rate to

Randolph-Macon Coal Co.—Default.—This

faulted Feb.

ers.

&c

36,642

1905-06.

$102,420 Dividends (8%).. *56,136
$4,995 Hal., surplus
$25,952
Total, surplus
$123,951
35,375
,

Within three months after the
company was organized the sale of Its
slack coal was made
Impossible because oil had supplanted this product.
At that time about 30%
of the company’s output was slack, which It
was
able to sell at 60c. a ton.
About $250,000 was expended in
Installing
electrical mining apparatus, which enabled the
compay to reduce the per¬
centage of slack to 10%.
About that time, however, the miners refused
to work under the new
system and In many Instances smashed the
machin¬
ery.
The difficulties with the miners were
eventually
and the
company is now operating, but the losses entailed madesettled,
it
Impossible
to
meet the Feb. 1 bond Interest.
'

The directors personally advanced some
$200,000 to meet the needs of
the company, and then went to the
bondholders for assistance to tide the
company over.
This was declined, and so it has been
decided to institute
receivership proceedings, and place the property in control of the bond¬
holders.

$52,1S7
$9,863
$98,002

The Metropolitan Life Insurance Co. holds
$1,000,000 of
the bonds, but it is believed that
“through the measures
that will be taken the
company will suffer no loss in its in¬
vestment.”
See V. 82, p. 1045; V. 83, p.
276.
Republic Iron & Steel Co.—Payment on Deferred Dividend.
—The directors on Feb 5 declared
payable April 1 to
holders of record March
the regular quarterly dividend of

84, p.

President. John 13. McDonald; First Vice-President and General
Manager,
\V. J. Oliver; Chairman of the
Board, R. A. C.. Smith; Secretary and Assis¬
tant Treasurer, D. V.
Reynolds; Treasurer, It. A. Chester.
Directors; John II. McDonald. John Peirce, Robert A.
C. Smith, George
F. Harrirnan and Wiliam H.
Sayre,all of New York City: William J. Oliver
of Knoxviilc; Charles H.
Ackert, R. A. Chester and P. J. Brennan, of
Washington; George Peirce, of Frankfort, Me.; P. T.
Walsh, of Davenport,
Iowa; and
Robert Russell, of Lynchburg, Va.

Pennsylvania

(Bell)

Telephone Co.—New Stock.—The
permit stockholders of record Feb. 16
to subscribe for
$768,000 of new stock at par ($50 per share)
in the ratio of one share of new
stock for every five shares now
outstanding. The right to subscribe expires March 1 1907.
Subscriptions are payable 30% April 1, 50% July 1 and 20%
Oct. 1.
directors have voted

Earnings.—For
Ytar—
1906
1905
—V. 82, p. 1377.
...

...

to

the calendar years 1906 and 1905:
Gross.

Net.

$1,243,195

$285,751

1,093.970

248,574

Dividends.
(6%) $212,365
(6%) 179,569

Bal., surp.
$73,078
69,005

People’s Gas Light & Coke Co. of Chicago.—Decision in
Mills’ Suit.—The United States
Supreme Court* on Feb. 4
affirmed the decision of
Judge Grosscup in the action brought
by I). O. Mills granting an injunction
pending the trial of
the case
restraining the enforcement of the 75-cent gas
ordinance passed by the
City Council in Oct. 1900.

Justice Day. who writes the
prevailing opinion, points
merely decides tlie question of jurisdiction and not the out that tlie
merits of the
case, stating that there was an entire
lack of testimony of any collusive
action at tile time of tlie
commencement of the suit.
Chief
Justice
Fuller
and Justice Harlan dissented.
The question of tiie right of the
lix the price of
city to
gas at 75 cents remains to be tried.
The ordinance was
repealed at t he time of the settlement
fixing the price at 85 cents for 5 years
from Feb. 1 1906, without
prejudice to the city’s right to maintain Its valid¬
ity In the Mills .suit.
Compare V. 82, p. 574; V. 78, p. 346.—V. 84, p. 225.
court

company de¬

developments
Summary” as follows:

1904-05.

Panama Construction Co. below.
100.
Panama Construction Co.—Organized.—This
company was
incorporated at Albany on Tuesday with $5,000,000 of au¬
thorized capital stock, of which
$1,500,000 is paid in, for
the purpose of
building the Panama Canal, if the bid of Mr.
Oliver to build the same for 0
% % of the total cost of con¬
struction should be
accepted. The officers are:
V.

upon

attributed to a combination of unfortunate
which are described for the “New York

Panama Canal.—See

—

1

the interest due on its outstanding
$2,100,000 5% bonds. The company’s embarrassment
is

dent.

Net earnings
$123,725
Int. on debentures
$4,995
Written oiT steam¬

72%, contrasting with

Annual Dividend Record (Per Cent) Since 1899.
90. ’91. ’92. ’93. ’94. ’95. ’96. ’97.
’98. ’99. ’00. ’01. '02. ’03. ’04. ’05.
’06.
32
40
28
24
32
48
80
48
26
38
36
36
28
22
20
24
50
—V. 83. p. 1293.

before March 1.
See V. 75, p. 1043.
Niagara Navigation Co., Toronto.—Debentures Offered.—
Osier & Hammond, 21 Jordan
St., Toronto, are offering on
a basis to
yield the purchaser 5% per annum $120,000 4F£%
debentures due
July 2 1910. These bonds are part
of an issue of
$375,000, and are sold to refund $111,000 old 4 t£% debentures paid Jan.
2 1907, being the only
funded debt. Authorized
capital stock $1,000,000 in $100
shares, of which $701,700 is subscribed
and paid up.
The company has paid semi-annual
dividends at the rate of
8% per annum for a number of years. E. B. Osier is Presi¬
Results {or Years ending Nov. 30.
1904-05.

LXXX1T

1906.
The capital stock is $2,500,000
in $25 shares and
this new rate of dividend, if
continued, will increase the

on or

1905-06.

[VOL.

1%%

on the preferred stock and a dividend of
2% on account
deferred dividends on the preferred
issue, leaving 2%
accumulated dividends unpaid.
Acquisition.—The “Iron Trade Review” of Jan. 31 said:
of

Tiie Republic Iron fc Steel Co.,
through its mining department, has just
purchased three properties on tiie Mesabi
Range, each of which contains,
approxmately, 500,000 tons of Bessemer ore, and from each of which
it is
expected at least 25,000 tons will
beshipped during tiie season of 1907.
Shaft sinking will be started within
30 days. The properties are the
Onondaga mine, formerly controlled by the Onondagal ron
Co., and the
Marlska and Monica mines, owned
by the Mariska and Monica Iron com¬
panies.
The royalty on the Onondaga
property
is
to
be75
cents
per ton
and on the other two
properties 55 cents per ton.—V. 83, p. 1417.

Richmond (Ind.) Natural Gas Co.—Decision

to

Regula¬
tion of Prices.—The
Supreme Court of Indiana on Feb. 1
held that the cities and towns Act of
1905 does not give
cities power to regulate
prices to be charged for gas by com¬
as

panies already occupying the streets under

a franchise.
The court holds that it is
only when making a new contract or grantingfranchise that a city can fix a minimum
price to be fixed for gas and
that therefore the ordinance passed
Oct. 16 1905
theCommon Council
reducing tiie price of natural gas within tiie city to by
30 cents per 1,000 (the
company’s charge being 50 cents) Is Invalid.
Any limitation on the price
of gas furnished by
companies which have laid their mains under existing
franchises would therefore have to be made
by the Legislature.
a

new

Richelieu & Ontario Navigation
—The “Toronto Globe”
says:

Co.—Proposed Bond Issue.

The directors at the annual
meeting will ask tiie shareholders for aut hority
issue $2,000,000 of bonds.
Tt Is Intended that of
tlijs amount $500,000
shall be Issued lntlie near future and
$500,000 later in the season, if the
company’s new steamers now being constructed are
completed
The
remainder will be left in tiie
treasury. —V. 83, p. 1040.
to

Rubber

Goods

A

Manufacturing Co.—Proposed Merger.—

committee consisting of directors of the United
States
Rubber and Rubber Goods

companies has been appointed to
liquidation in the near future of the Rubber
Col.—Status.—The receivership proceedings have been Goods Co. Only about $200,000 of the
$16,941,700 com¬
mon and a small amount
dismissed, all overdue interest having been paid on the
also of the $10,351,400 preferred
$600,000 first
mortgage 5% sinking fund gold bonds dated Jan. 1 stock, it is reported, are outstanding. The leading minority
1903, interest payable Jan. 1, &c.; New York Trust
it is said, August Heckscher, who owned
Co., holders, including,
trustee (as successor of Continental
$150,000 common and $240,000 preferred stork, have
Trust Co.)
The
sinking
fund payments of
$5,000 each are also being met. Compare lately turned in their stock for exchange on the bas's of the
V. 82, p. 1273.
offer of the United States Rubber Co.—V.
83, p. 690.
St. Louis County Gas Co.—New
Pittsburgh Plate Glass Co.- Report.—For calendar year:
Subsidiary of North Amer
Year—
ican Co.—See page 278 of last week’s
1906.
1905.
“Chronicle.”
1904.
1903.
Profits
Pikes Peak Hydro-Electric Power
Co., Colorado

Divs.
Divs.

on

pref. (12%)
(6%)

on com.

Bal.,

sur. for year

xAfter

x$l ,341,877
$18,000
913,235

$1,161,931
$18,000

$410,642

$937,693

740,548

$18,000
740,499

$973,103
$18,000
740,550

$403,383

$179,194

$214,547

deducting “depreciation” $708,222.

The report

intimates, that beginning April l, the common
be. placed on a 7% basis.—V. 84, p. 106.
Portland (Me.) Gas Light Co.—New
Ponds.—-A first
mortgage has been filed to the Union Safe
Deposit & Trust
Co. of Portland, as
trustee, to secure $400,000 bonds, none
of which has as yet been issued.
Authorized capital stock
$400,000, par $50. No bonds heretofore. Gross
earnings
in 1905 reported as
$195,487. Dividend rate at last accounts
5% per annum. Fred. N. Dow is President, William H.
Moulton, Vice-President, and Burton Smart, Treasurer.
F Potomac Electric Power
Co.—Guaranteed Bonds Offered—
Earnings.—Brown Bros. Sz Co., New York, are
offering at
par and interest a block of the present issue of
$1,300,000
5% consols, dated June 30 1906 and guaranteed
the
Washington Railway & Electric Co. The earnings by
of
the
Power Company for the eleven months
ending Nov. 30 1906
were:
Gross, $902,744: net, applicable to interest, $450,297.
For the entire year 1905 the
gross receipts were
net
$455,828. See full particulars in V. 83, p. 100. $866,797;
•!
Quincy Mining Co.—Dividend Increased.—The directors
on Feb. 5 declared a
quarter^ dividend of $4 50 per share
(18-%), payable March 11 to stockholders of record Fob. 23,
contrasting with $2 50 per share Dec. 22, Sept/5 and May 17
1$06.
The last semi-annual dividend
($5) was paid Feb. 26
stock may

*

..

Springs,




arrange for the

Scarsdale Estates, New
York.—Coupon Payment.—Secre¬
tary J. W. Thayer on Jan. 25 notified the holders of the
general lien 5% 10-year gold bonds that coupons Nos.
1 to 4
inclusive would be paid
upon presentation at the Fourth
National Bank in the City of New York.
The company is a
New York corporation,
capital stock $500,000, all out.
James G. Cannon, President;
Secretary, J. W. Thayer.
Office, Scarsdale, N. Y.
Sears, Roebuck & Co., Chicago.—Income Account.—For
half-year ending Dec. 31 1906:
Gross profits.

$6,196,711

Wages, freight, &c

$2,151,508 (Interest-1,544,763 | Repairs
Rents, taxes, Insur., <Sce..
377,139 | Preferred dividend (3 lA %)

Advertising

Total deductions

‘

Balance, sumlus, for 6 months (nearly 5%

The

on common).

$207,149
78,915
349,982

.$4,709,456
$1,487,255

January sales amounted to $3,278,435, as compared
$2,742,236 in the same month of 1906, an increase of
19.5%.—V; 84, p. 106.

with

Silverware Stocks Co.—Stock
Subscribed—Acquisitions.—
This company’s $2,000,000 stock has all been
subscribed by
the stockholders of the Gorham
Manufacturing
Co. (per plan
in V. 83, p.
1292), and most of the subscriptions have been
paid, the remainder being due Feb. 15. While no official
statement is obtainable, there is reason to believe
that out
of the proceeds it has been
arranged to purchase the control
of the Reed <fc Barton
Company. In addition, the company,
it is understood, controls the
Whiting Mfg. Co., the William
B. Durgin Co. and the William B. Kerr
Co.,lthe

holdings‘of

the Gorham in those
the aforesaid plan.

companies having been purchased under

(Wash.) Gas Light Co.—Earnings.—E. H. Gay
Go., Boston, New York, Ac., are offering at 973^ and
interest, by advertisement on another page of this issue of
the “Chronicle,” $500,000 20-year refunding mortgage (first
mortgage after July 1 1907) gold bonds dated June 1 1906
The company does the entire gasand due June 1 1926.
lighting business in the prosperous city of Tacoma, its status
being quite fully set forth in V. 82, p. 1501. A circular says:
Since the new management took charge of the property on July 1 1906,
the output of gas increased from that time up to Jan. 1 1907 60% over the
same period In 1905.
On this basis the output for 1907 will be at the lowest
Tacoma

&

calculation 125,000,000 cubic

purpose -were turned over to it.
The company has not issued
any bonds, although there is some bonded debt on the prop¬
erties acquired.
The directors are:
Henry Siebert (President), E. J. Moore (Vice-President), Floyd Vail
(Treasurer), R. T. Siebert, H. S. Kearney, John S. George and Win. S
Gray.
James P. McGovern is Secretary.
Office, 100 William Street, N.Y

feet.

.

105,030

38,793

21,285

17,508

Capitalization: Capital stock, authorized and issued, $1,000,006; tola
bonds outstanding, $1,000,000 (issue limited to $2,000,000).
Of these
bonds, less than $100,000 were outstanding from Jan. 1 to June 1 1906,
the balance having been Issued since the latter date in connection with
new holder, benenes and extensions of street mains.
—V. 82, p. 1501.

United Box Board & Paper

Co.—Decision.—Vice-Chan¬

Emery on Jan. 2 handed down a decision in the action
brought by the objecting stockholders to prevent the carry¬
ing out of the plan under which the equity in the American
Strawboard stock is to be sold to the new American Box
Board Co.
The court holds that the management has fully
met the charges of fraud and conspiracy, and refuses to enjoin
the sale of the American Strawboard stock to the American
Box Board Co., but orders that the actual transfer of the
Strawboard stock shall await the trial of the case or further
order of the court.
Compare V. 84, p. 164, 107.
Touching the suggestion of the Mitchell protective com¬
mittee that the financial requirements of the company be
met by the sale of general mortgage bonds (V. 84, p. 275).
the directors say that they favor the sale of $850,000 general
mortgage bonds at 80, anti to show their good faith are willing
to take $100,000 of the bonds on condition that the stock¬
holders subscribe for the remaining $750.000.—V. 84, p.
275,164.
United Copper Co.—Exchange of Ereferred Shares.—A cir¬
cular dated Fib. 5 offeis to the preferred shareholders the
privilege of receiving for each $100 of preferred $125 of
common stock, together with a bonus of 1%
in case the pro¬
posal is accepted by Feb. 18. The offer may be accepted
within 30 days from Feb. 5, but must bo accepted prior to
Feb. IS in order to secure the 1% bonus.
Ass< nting shares
cellor

deposited with the Empire Trust Co., New York.
4. President Iieinze
points out that the company earned nearly 14% on its com¬
mon stock last year while paying only 7%, and says:
should be
The

new

stock will be delivered May

preferred stock

Should you accept the company’s olTcr to exchange your
for common stock, you would increase your income nearly 50%
of the probability of Increased divdends which may
on the common stock, which is likely to be placed upon the
basis as Amalgamated.—V. 84, p. 107.

. irrespective
be declared i his year
samed'vldend

United States Rubber Co.—Proposed
—See Rubber Goods

Gcorse Eastman, Walter 11. Dulfy, Hiram W. Sibley, Thomas WVFinuJames S. Watson. Edward Ilausch, wlio Mimed the circular.
H. P. Brewster, W. Drescher. J. C. Powers, Abram J. Katz, Edward W.
Peck. Advisory Committee.
Euprene .Sat ter lee, Albrecht Vojft. J. Foster Warner, J. W. Taylor, Will¬
iam Eastwood. H. E. Ball. G. D. B. Bonbrlght, Charles T. DePuy, W. S.
Hubhell. H, A. Strong;. W. F. Balknm, H. K. Elston. G. A. Hollister.
Franklin Miles. Max Briekner. C. P. Barry, J. C. Woodbury. M. D. Knapp,
Albert O. Fenn, E. U. Willard. C. E. Angle, James G. Cutler, George A.
Marion, Louis Lowchthal, A. M. Lindsay. H. F. Atkinson. Isaac Adler,
Max Lowcntfial, Rufus A. Sibley, Julius M. Wile, H. Wheeler Davis, J. J.
A. Burke. Jacob Gerlieg, 11. F. Atwood.
Compare V. 84, p. 275.

cane,

United States Industrial Alcohol Co.—New Subsidiary of
Distillers’ Securities Corporation.—This company was incor¬

porated in West Virginia in October 1906 with $18,000,000
authorized stock to manufacture denatured alcohol in the
interest of the Distillers’ Securities Corporation.
A detailed
authoritative statement will be given out in a month or
two.
Meantime, the following facts learned by us may be
of interest.
Of the $12,000,000 common stock a majority
is controlled through a voting trust lyy the Distilling Co. of
America, more than 90% of whose stock is owned by the
Distillers’ Securities Corporation.
The. Distilling Co. guar¬
antees the dividends on the $6,000,000 7% preferred stock,
all of which was sold for cash at par to acquire properties
and $4,000,000 working capital for the new company.
The
first quarterly dividend of 1%% on the preferred stock was
paid Jan. 15. Compare V. 83, p. 972, 1349.
The company, it is understood, took over several plants
engaged in the wood alcohol business, and a number of plants

v'Mhiu im/M

'-rn'iH''"

Merger of Subsidiary.

Manufacturing Co. above.—V. 84, p.

225, 54.
Warwick Iron & Steel Co.,
calendar year 1906:
Outputttons). Sur.Prof its.
218,416
$293,243

Ye,ar.

Philadelphia.—Report.—For

Dividend.
(4%) $59,264

Bal.\Sur.

T'ot.,Sur.

$233,979
$332,097
205,788
147.672
147,672
249,895
During 1906 the funded debt was decreased from $255,000 to $240,000
and the bills and accounts payable were increased from $456,128 to $595,928.
On the other hand, the bills and accounts rece va
were increased
from $384,329 to $443,395 and the materials on hand fwin $366,973 to
$432,776. Compare V. 84. p. 107.
1906
1905

*

Western Ice
above.

Co.—Litigation.—See Knickerbocker Ice Co.

Reported Acquisition.—It was recently reported that the
had acquired the ice plants of Armour A Co. at
Pewaukee, Wis., including the entire frontage of Pewaukee
Lake along the tracks of the Chicago Milwaukee A St. Paul
R\r. and the ice storage houses which were destroyed by fire
about three years ago, and that 14 ice houses will be erected
this spring.
This report cannot be confirmed. The acquisi¬
tion of the ice field at Eagle Lake, Racine Co., Wis., was also
lately reported.—V. 83, p. 1541.
company

—Spencer Trask A Co. have published the 1907 edition of
investors
the past
25 years.
The current edition comprises 76 pages, and gives
capitalization, earnings, fixed charges, dividends, Ac., of
railroad, street railway and miscellaneous companies, in¬
cluding information on preferred stocks (whether cumulative
or non-cumulative as to dividends), high and low prices for
bonds and stocks during 1906, last recorded sale, approxi¬

their statisitcal tables, copies of which are mailed to
free of cost, in accordance with their custom for

mate income

yield, Ac., Ac.

—The Baltimore banking firm of Paine A Wilson, com¬
posed of Gordon P. Paine, J. Sawyer Wilson Jr. and Arthur
L. Jones, was dissolved on the 1st inst.
Gordon P. Paine
will hereafter conduct a general banking and brokerage
business at 306 Keyser Building, under the name of Gordon
P. Paine A Co.
J. Sawyer Wilson Jr. and Arthur L. Jones
have entered into a co-partnership under the name of J. S.
Wilson Jr. A Co. for the purpose of conducting a banking
and brokerage business, with offices in the Calvmt Building.
—Ackermann A Coles of this city have issued (lie latest
number of their brochure giving statistics of New York City
banks and trust companies.
The work is compiled by W. C.
it shows t ho date of organization of the various
Coles,
local institutions, capital, surplus and profits, deposits,
par

Co.—Acquisition.—The company
Apponaug (R. I.) Print Works.
The property is subject to a mortgage of $200,000 to the
Union Trust Co. of Providence as trustee.
The purchase
price, although currently reported as $500,000, has not been
made public.—V. 83, p. 1175.
United States Independent Telephone Co. —Change in
Control.—The offer not'd! last week for the purchase of this
company’s securities at 35 for the bonds, 5 for the common
stock and 1 forjhe deferred stock is dependent upon a verifi¬
cation of the accounts, and the deposit with the Security
Trust Co. of Rochester on or before Feb. 28 of not less than
76% of the bonds and 67% of the stock. A large amount,
if not the entire amount, required for the consummation of
the deal, it is understood, has already been deposited, the
depositors including, according to the circular issued:

United States Finishing
on Jam.
22 acquired the




by the Distilling Company best adapted to the

controlled

Official Statement of Farnlngs for Years ending Dec. 31 1906 and 1905.
Gross.
Year—
Net.
Bond Interest. BaL.Sur.
$ 132,687
$60,990
1906
$25,005
$35,085
1905

343

THE CHRONICLE.

Fkb, 9 1907. J

and book value of the stock, bid and asked prices in

January 1907, and the dividend record in each instance.
The changes which have occurred during the year through

capital increase

or merger are

noted separately in the preface.

—The firm of Cumings A Marckwald, 45 Wall Street, was
formed this week to transact a general commission bond
business.
The members are: J. Bradley Cumings, for six¬
teen years

connected with Estabrook A Co. of Boston and

New York, in which he was a partner six years, and Albert
II. Marckwald, formerly connected with Harvey Fisk A Sons,
and who entered the N. Y. Stock Exchange in 1904, devoting
himself to its bond department.
Mr. Marckwald will repre¬
sent the new concern on the Exchange.

—Book No. 1, in a series of 5 books, issued from tin* office
of Roger W. Babson. Wellesley Hills, Mass., is a compendium
of corporation bond issues alphabetically arranged, showing
the bankers, bond dealers-or brokers who have offered these
bonds in whole or in part .
The book should prove a valuable
medium for ascertaining the houses that have traded in a
special issue. Book No. 3 is a similar publication devoted
to the offering of municipal bonds during 1906.

Lincoln

Eglinton and John W. Curtis this week
co-partnership under the name of A. Lincoln
Eglinton A Co., to deal in gas, electric street railway and

—A.
formed
other

a

investment

Eglinton

securities

at

43

Exchange

Place.

Mr.

formerly President and Mr. Curtis Vice-Presi¬
corporation of Eglinton, Hammond A Andrews,
they resigned to form the new company.

was

dent of the
from which

—The new concern of Bywater, Nesbitt A Co., 25 Inroad
Street, will start business on Monday. The firm members
are: S. By water, formerly with Hayden, Slone A Co. of Bos¬
ton and New York, and T. D. Nesbitt.
The new firm will
deal in investment securities, bonds and unlisted stocks.
a

—A. B. Leach A Co., 149 Broadway, are offering investors
traction bond yielding 5.30% of a company paying 4%, on

$1,000,000 capital stock and earning, as they state, over 9%.
A circular describing this bond can bo had by writing the firm.
—The Montreal Financial Calendar for 1907 has been
issued in attractive style by Harsthorne, Bogert A Battellc,
25 Broad St., and 160 St. James Si., Montreal, and should
prove

useful to those inton str<! in Canadian securities.

illT lrP‘r‘" r

344

THE CHRONICLE

[VOL. LXXX3V,

^ke (&vmmzxtmi

COTTON.
Friday Night, February 8 1907.

COMMERCIAL EPITOME.
Friday Night, Feb. 8

Activity in trade, general steadiness

1907.
of prices and a feel¬
relief of the car con¬

ing of confidence, together with some
gestion and rather less stringent monetary conditions,
the salient
features of the business situation.

are

THE MOVEMENT OF THE CROP as indicated
by our
telegrams from the South to-night is given below. Foi>
the week ending this
evening the total receipts have reached
251,289 bales, against 305,290 bales last week and 294,162

bales the previous week, making the total
receipts since
the
1st of

September 1906, 7,525,840 bales, against‘5,864,051
same
period of 1905-6, showing an increase
Sept. 1 1906 of 1,661,789 bales.

bales for the
•

Feb. 1
1907.

Stocks of Merchandise.

Lard
Cocoa

tierces

6,525

mats

bags
hogsheads
bags.&c.

Hides
Cotton
Rosin

No.
bales

barrels
barrels
barrels

Spirits turpentine
1

Saltpetre

274,138
280,000
4,800
8,840
4,000
139,177
17,870
755
776

bags

Manila
hemp
Sisal
hemp
Flour

Feb. 1
1906.

7,537

barrels

&

1,350
11,225
2,816
66,200

bales
bales
sacks

125,500
300,000
none

6,500
143,903
31,738
1,595
286

61,700

CorpusChristl ,&c

37,555
748

134,700

ings have been light. City is quoted at 9}4@9^c. and
Western 9.95@10.05c.
Refined lard has advanced with
trade dull.
Refined Continent 10.35c.,
South America 11c.
and Brazil in kegs
12@.12^c. The market for lard futures
at the West has been active at
rising quotations.
PRICES OF
Sat.

May delivery
July delivery
September delivery

_

LARD

Mon.

Wed.

Thurs.

-9.92H
9.97H 10.00
10.07^
9.97)4
9.97)4 10.02)4 10.02)4 10.10
10.10
10.10
10.17)4 10.15
10.22)4 10.15

April
May

5.55c. June
5.60c. July
5.65c. August
5.70c.

i September

Tues.

18,541

24,655

6,268

11,222

675

872

_

24,407

Fri.

_

18,226
1,060

'

11,375

10,461

10,191

131

750

793

4,257

4,487

60

3,444

242

2,357

3,805
5,916

21,521
5,916
1,769

_

_

395

359

759

855
1 .246

Georgetown

Wilmington
Norfolk

Total.

19,334 119,037
8,529

_

_

<

11,568

182

3,171
_

Thurs.

8,529

Jacksonville, &c_
.Savannah
Brunswick
Charleston

Wed.

.

New Orleans
Mobile
Pensacola

2,038

_

NewportNews,&c

—

New York
Boston

71

—

Philadelphia

40

Totals this week.

33,949

86

412

305

366

3,809

2,378

1,571

536
693

—

326

53,873

2,148
63

301

42

—

5,664
10,404

1,047
2,148

—

453

67,743
4,281

19

”63

344

37,696

212
19
770
—

Baltimore

279

1,774

2,097

2,097
82

—

50,277

27,141

48,353 251,289

The following shows the week’s total
receipts, the total
since Sept. 1 1906, and the stocks
to-night, compared with
last year:

Fri.

5.75c.|October
5.80c. | November
5.85c. | December
5.90c. | January

1906-07.

10.10

Feb. 8.

This

10.22)4

6.00c
6.05c*
6.10c*
6.15c*

1905-06.

Receipts to

10.07)4

@$20 and family $19 50@$20. Cut meats have been mod¬
erately active and firm; pickled shoulders 8@83^c., pickled
hams 12@12^c., pickled
bellies, 14@10 lbs., 103^@llc.
Tallow has been quiet but
stronger on small offerings; City
6%@6%c. Stearines have been quiet and firm; oleo ll^c.,
lard lOJ^c.
Butter has been fairly active and steady;
creamery extras 3234@33°•
Cheese has been in fair de¬
mand and steady; State
factory 1434c* Eggs have been
quiet but firmer on small supplies; Western firsts 27c.
OIL.—Cottonseed has been dull and
easier; prime summer
yellow 45c. Linseed has been dull but firm on continued
strength of seed. City, raw, American seed, 42@43c.;
boiled 43@44c.; Calcutta,
raw, 70c.
Lard has been firm,
owing to the strength of the raw material. There has been
an increased
inquiry for lower grades but sales have been'
small, owing to insufficient supplies. Prime
78@80c.,
No. 1 efitra 58@60c.
Olive has been quiet and
steady;
yellow 67@70c. and green 60@62c. Cocoanut has
been
dull and firm; Cochin 10c. and
Ceylon 934c* Peanut has
been dull and steady;
yellow 50@60c. Cod has been
steady with a fair jobbing trade; domestic 36@37c. and New¬
foundland 38@40c.
COFFEE on the spot has been
quiet and firm. Rio No. 7,
7c.; Santos No. 4, 7J^@8c. West India growths have been
quiet and generally steady; fair to good Cucuta
834 @8%c.
The market for future contracts has been
extremely dull and
prices have fluctuated within narrow range.
The closing prices were as follows:
February

20,532

Mon.

FUTURES IN CHICAGO.

Tues.

PORK on the spot has been dull but
prices have advanced,
owing to the strength in the rest of the provision list. Of¬
ferings have been light. Mess $18 50@$19 25, clear $18 50

March

Sat.

—

106,092

985
2 ,550
-

at

301 .419

LARD on the spot has been
firm, owing to the rise in
future prices at the West.
Trade has been dull but offer¬

DAILY CLOSING

Receipts

Galveston
Port Arthur

3,000
934,021
8,500
206,469
25,924
1,043

none

1,057
7,205
2,714

since

8,615

bags
5 ,500
8,270
18,000
bags 3,199,175 3,296,298 3,677,321

r

ColTee, Brazil
ColTee, Java
ColTee, other
Sugar
Sugar

Tar

Jan. 2
1907.

This
Since Sep
Week.
1 1905.

119,057

,968,814

8,529

53,721 1 ,977,458

107,364

67,743
4,281

28,172
,758,559
215,587
98,325

week.

Galveston
Port Arthur

Corpus Chrlstl.&c.
New Orleans.
Mobile

_..

Pensacola

Jacksonville, &c_

242

Savannah
Brunswick
Charleston

21.521
5,916
1,769

Georgetown

19

Wilmington

5,664
10,404
2,148

Norfolk

Newport News,&c
New York
Boston

63

6,114
,228 ,066
134 919
126.737
1 082

287,667
441,558
25,132
13,117
43,328
36,942
4,357

974

41,637
2,746

’734
12,770
8 .542
1.064
14
079
5 479
1

1

,078

1907.

1906.

392,142

158.082

,086,503
194,586
107,510
12,604

349,474
35,393

327,770
33,393

.161 ,790

115,294
10,385
13,116

83,132
10.639
33,278

83,449
30,988

148,445
150,013
882

281,523
508,341
15,457
2,001

‘

V.560

13,797
42,307
3,448

39 ,040

141 ,780
9,882

204",839

9,674
1,598

12,104
2,180

251.289 7,525,840 131,605 5,864,051 1,138,290

912,740

.

1,774

Baltimore

2.097
82

Philadelphia
Total

Stock.

Since Sep
1 1906.

1 .120
387

260

49,468
49,001
4,032

6,723

In order that
we

comparison may be made with other years,
give below the totals at leading ports for six seasons:

Receipts at

1907.

Galveston, &c
New Orleans.
Mobile

Savannah

Charleston,&c
Wllmlng’n, &c
Norfolk

N’port N., <Scc
All others

Total this wk.

1906.

127,566

54,695

67,743
4,281
21,521
1 ,788
5,664
10,404
2,148
10,174

41,637

251,289

131,605

2,746

12,770
1,078
1,079
5,479
1,078
11,043

1905.

1904.

1903.

1902

14.876
37,932
3,587
11 ,997
1,155
2,094
6,304

39,195

2,637
8,527

188

9,323

663
7,046

584

7,421

2,68.1

23,589

22,449

85,544

127,081

192,035

156,577

42,730
2,985

16,113
190

72,118
55,888
3,560
23,161
1.648

41,337
45 ,435
1 ,976
12,712

5,598
8,692
11 .695

2,214

Since Sept. 1. 7,525,840 5,864,051 6,720,971
6,238,757 6,213,592 6,059,142

The exports for the week ending this
evening reach a
223,816 bales, of which 125,946 were to Great Britain,
15,853 to France and 82,017 to the rest of the Continent.
BelowT are the exports for the week and since

total of

Sept. 1 1906:
SUGAR.—Raw has been dull and easier.
Centrifugal,
Week ending Feb. 8 1907.
From Sept. 1 1906 to Feb. 8 1907.
96-degrees test, 3 13-32c.; muscovado, 89-degrees test,
Exported to—
2 29-32c., and
Exported to—
molasses, 89-degrees test, 2 21-32c. Refined
Exports
has been dull and easier.
:
Great
from—
Granulated 4.50@4.60c.
Conti¬
j Conti- !
Great j
Spices
Britain. Fr’nce' nent. ! Total.
Britain. 'France.
have been firmer and more active.
nent.
Total.
Teas have been quiet
and steady.
Galveston
i 55,668
29,778' 96,314 1,228.117 321,392
Hops have been fairly active with State easier. Port Arthur
725,930 .275,439
1
8.529;
8,529
40,180
P»ETROLEUM has been firm with an active
67,184
107.364
Corp.Christi,<fce
export
de1.547
1,547
man,d.
Refined
New Orleans _.| 40,941
14,819' 60,712, 623,672 216,196
barrels, 7.75c.; bulk 4.50c. and cases Mobile
505.771 ,345 639
..A-..!
10,4481
53.571
25,910
49,137
128,618
10;r25c. 'Naphtha has been fairly active and firm; 73@76 Pensacola
10,448^ 40,812 26,432 40,014
107,258
degrees 13c. in 100-gallon drums. Gasoline has been active Fernandina _J
100
100
Savannah
I
7.364
and firm; 89 degrees 21c. in
O’,243!
13.607!
125,532 42.678 552.450 720.660
100-gallon drums. Spirits of Brunswick
S.145
8,145| 64,295
40,947
105,242
turpentine has been active and firmer at 75c. Rosin has Charleston
1
IS,063
1 8,063
Wilmington.. .I
been'ffairlv active and steady; common to
101,721
6,000
164,295 272,016
good strained$4.45.
Norfolk
2,367
3,797
6,164
TOBACCO.—Some falling off in the demand for domestic Newport News
4,220
4,220
New York
4,210
cigar le^tf is reported but manufacturers as a rule are well Boston
8.542: 128,217 29,225 119,421 276,863
....j 4,299
7,502
1.742!
9,244
13,762
86,764,
100,526
employed. Prices have ruled firm in the main. Havanahas Baltimore
1,157
1,157
56,739
4,974
49,638
111.351
291
been firm and fairly active.
Philadelphia
291
29,589
1,498
31.087
Prospects for the crop have Portland, Me..i
579
579
5,825
been improved by timely rains in Cuba.
5,825
The first of the new San Francisco. j
1,995: 1,995:
"49.811
49,811
i
Sumatra inscriptions will be held in Amsterdam on March 8 Seattle
4,253*
4,253
48,693
48,693
Tacoma
and some local dealers are
17,637
17.637
making preparations to attend it. Portland, Ore. j
Pembina
Official reports show that the Wisconsin
|
"’i'99’8
l',998
crop of 1906 was the Detroit.
finest ever grown and sold at an
7.280
7.280
average price of 13^c.,
an increase of
Total
125,946
35% over the previous year.
15,S53| 82,017|223.8162.598,901 672,807 2,471,693 5,743,401
COPPER has been fairly active and
steady; lake 2524@ Total 1905-06. 36,628| 8,791 69,596jll5.015;i.985,372 560,869 1.725,105 4,271.346
2534c., electrolytic 2524@25J4c. Lead has been quiet and
firm at 6.30c.
Spelter has been in fair demand and firm at
In addition to above
exports, our telegrams to-night also
6.80@6.85c. Tin has been quiet and firm; Straits 42.40c.
give us the following amounts of cotton on shipboard, not
ron has been
fairly active and steady; No. 1 Northern $23@ cleared, at the
ports named. We add similar figures for
25 50, No. 2 Southern $22
25@$24 50.
New York.




:

,

i

....

._

’

-'HtaWi' iirii

iMWWV*

Feb. 9

On

Shipboard, Not Cleared for—

Great

Britain. France

Feb. 8 at—

Germany.

Other

Coastwise.

Foreign

Leaving
Total.

FUTURES.—The highest, lowest and closing
New York the past week have been as follows:

stock.

Cj

&

New Orleans
Galveston

5,559
35,371

..

16,641
29,204

18,835
21,423

619

330

Savannah
Charleston
Mobile

16,774

1,164

12,564

12,170
1,400
2,000

—

5,500

Norfolk
New York
Other ports...

2,500
8,000

Total 1907..

56,930

41,682
30,684

Total 1906

total 1905

500

1,900
800

2,166

1,500

11,000

50,664

53,688

8,622
30,750

29,997
37,509

24,894
2,600
1,000
32,938

27,315
17,388

58,973
110,732
2,349
2,000
7,900
24,894
8,000
21,500

290,501
281,410
112,945
11,116
27,493
17,413
133,780
27,284

42,128 236,348

901,942

18,766 126,382
17,260 133,591

786,358
614,843

Q»v
O

£

difficulty of securing cotton for delivery in accordance with
the provisions of the Liverpool contract.
In the absence
of anything like a popular speculation for a rise, really the
chief source of strength has been the persistent firmness of
the spot markets both at home and abroad; or, in other words,
the growing evidence, as it seems to many, of a world’s con¬
sumption of American cotton transcending anything in the
experience of the past. Liverpool people have continued to
buy March here in liquidating straddles made some time ago
at much narrower differences, and spot interests have been
buying March and May. Continental spinners at times
have bought the next-crop months, some Austrian mills
making purchases on Thursday. Reports as to Manchester’s
trade have been in the main favorable, and,similar reports
are in circulation in regard to the cotton goods business in
this country.
Predictions have been rife of an early decrease
in the movement at the Southwest, which, however, have
thus far been only partially verified.
The “into sight”
movement for the week, however, shows some falling off,
and an impression has prevailed in some quarters that the
week’s statistics of receipts, exports and spinners’ takings
would, on the whole, make a rather bullish exhibit, although
the quantity brought into sight will still materially exceed
that for the corresponding week even two years ago in the
high-record crop season. To-day prices advanced, owing
to the continued strength of the spot markets everywhere,
and considerable buying of March and other near months,
partly by spot interests, with a view, it was supposed, to ex¬
porting cotton that may be tendered on March contracts.
Moreover, predictions of a decrease in receipts shortly also
had some effect.
The main influence, however, continued to
be the rapid absorption of the actual staple.
Spot cotton
has been quiet and firm.
Middling uplands closed at 11.10c.,
a rise during the wreek of 10 points.
and off

middling, as established Nov. 21 1906
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows:
on

Fair
c- 2.00 on
Strict mid. fair,.. 1.75 on

Strict low mid-.c_ 0.14 off

Fully low mid
Middling fair
1.50 on Low middling
Barely mid. fair.. 1.25 on Barely low mid...
Strict good mid... 1.00 on Strict good ord
Fully good mid
0.S8 on Fully good ord...
Good middling... 0.76 on Good ordinary
Barely good raid.. 0.57 on Strict g’d mid. tgd.
Strict middling... 0.38 on Good mid. tinged.
Middling
Basis Strict mid. tinged.

Middling tlnged.c. 0.12 off

0.32 off
0.50 off
0.70 off

Strict low mid.ting 0.46 off
Low mid. tinged.. 0.90 off
Strict g’d ord. ting 1.25 off

0.00 off

Fully mid. stained 0.42 off
Middling stained.. 0.50 off
Barely mid.stained 0.78 off

1.07 off
1.25 off
0.30 on Strict low m. stain 1.50 off
Even Fully I. m. stained 1.75 off
0.06 off Losv mid. stained. 2.00 off

On this basis the official prices for a few of the grades for
the

past week would be as follows:

.UPLANDS.

Sat.

Mon.

Tues.

Wed.

Good Ordinary
Low Middling

9.75
10.50
11.00
11.76
12.50

9.75
10.50
11.00
11.76
12.50

9.75
10.50
11.00
11.76
12.50

9.75
10.50
11.00
11.76
12.50

Middling

Middling
Middling Fair.
Good

9.80
11.05
11.81

12.55

..

111
9.85
10.60
11.10
11.86
12.60

10.00
10.75
11.25
12.01
12.75

10.00
10.75
11.25
12.01
12.75

10.00
10.75
11.25
12.01
12.75

10.00
10.75
11.25
12.01
12.75

10.05
10.80
11.30

12.06
12.80

10.10
10.85
1 1.35
12.11
12.85

^STAINED.

Low Middling

Middling

Strict Low Mid. Tinged
Good Middling Tinged

9.00
10.50
10.54
11.00

9.00
10.50
10.54
11.00

9.00
10.50
10.54
11.00

9.00
10.50
10.54
11.00

9.05
10.55
10.59
11.05

9,10
10.60
10.64
11.10

NEW YORK

QUOTATIONS FOR 32 YEARS.
The quotations for middling upland at New York
Feb. 8 for each of the past 32 yea*s have been as follows:
1907.c._. .11.10 1899.c...
1906.... ...11.25 1898.....
.

_

_

1903....
1902....
1901
1900

7.90
...14.25
9.25
...

...

9.75




£
3

—

1

Ul

P

tx.

1

hJ?

w®

P
|

*»

1897
1896
1895
1894
1883
1892

-.

..

..

..

..

..

..

..

on

6.44 1891.c...
9.25 1883.c.. ...10.25
6.06 1890
...11.19 1882....
11.88
7.25 1889.... ...10.12 1881...
11.56
8.25 18158
...10.56 1880...
13.00
5.62 1887
9.50 1879
9.56
8.00 1886
9.12 1878...
11.06
9.31 1885
...11.12 1877...
12.75
7.25 1884
...10.75 1876-.12.49

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prices at
■M

June May- April Mart Feb-

Cl R Cl R Cl R Cl R
O £
OP
OP
o?t.
w 3
cr. 3
1 co 3 1 'O 3
3*?
3»?

coco

uo

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b
00

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b

1

to

w

2

CD-

1

its

THE VISIBLE SUPPLY OF COTTON

to-night, as made
by cable and telegraph, is as follows. Foreign stocks
as well as the afloat, are this week’s
returns, and conse¬
quently all foreign figures are brought down to Thursday
evening. But to make the total the complete figures for
to-night (Friday), we add the item of exports from the
United States, including in it the exports of
Friday only
up

February 8—

1907.

Stock at Liverpool
Stock at London
Stock at Manchester

bales.
•_

Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Antwerp
Stock at Havre
.Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
Total Continental stocks

1906.

1905.

1904.

902,000 1,216,000
10,000
10,000
73,000
59,000

942,000
12,000

645,000

45,000

85,000

985,000 1,285,000
12,000
14,000
414,000
390,000

999,000
12,000389,000
4,000
200,000
3,000
50,000
54,000
3.000

718,000
7,000
411,000
4,000
221,000
2,00<1
68,000
32,000
2,000

713,000

747,000

277,000
3,000
18,000
124,000
2,000

-263,000
3,000
13,000
77,000
3,000

850.000

763.000

8,000

Total European stocks
1,835,000
India cotton afloat for Europe.
183,000
American cotton afloat for Europe 913,928

2,048,000 1,714,000 1,465,000
169,000
90,000
180,000
361,000
467,000
416,000
Egypt,Bzazll.&c.,aflt. for Europe
66,000
60,000
69,000
74,000
Stock In Alexandria, Egypt
234,000
196,000
195,000
240,000
Stock In Bombay, India
505,000
895,000
447,000
386,000
Stock in U. S. ports
1,138,290
912,740
748,434
769.273
Stock In U. S. interior towns
611,155
697,084
656,712
404,061
U. S. exports to-day
18,748
12,134
17,946
18,161
..

.

Total visible supply
5,505,121 5,350,958 4,405,092 3,952,498
Of the above, totals of American and other descriptions are as follows:
American—
*

l

Manchester stock
Continental stock
American afloat for Europe
U. S. port stocks
U. S. Interior stocks—
U. S. exports to-day

East Indian,

Middling
Good Middling
Middling Fair

...

00

bales.

805,000 1,076,000

59,000
798,000
913,928

1,138,290 "
611,155
18,748

Total American

GULF.
Good Ordinary
Low Middling’.

1905
19Q4._

£
3

Oct
Nov.— Clo Ra Clo Ra Sept- Aug July-

Liverpool stock

Thur*

10.55

oo

o

cob

cob

Speculation in cotton for future delivery has dwindled to
smaller proportions than ever, partly, it would appear, by
reason of the anti-option agitation which has still been in
progress and partly because of a greater disinclination than
ever on the part of the outside public to buy for a rise in the
face of enormous receipts.
Yet latterly the drift of prices
has been upward, owing in part to some slight decrease in
the crop movement, but more than all to distinctly strong ad¬
vices from Liverpool, where the spot sales have suddenly in¬
creased materially, and where the near-by months have risen
so noticeably as to suggest to many here the possibility of
something like a “squeeze” in these deliveries, owring to the

O

3^

ob

The rates

345

THE CHRONICLE

1907.J

Brazil, &c—

97,000
10,000
14,000
52,000
183,000

.

Egypt. Brazil, &c., afloat-.

66,000

Stock In Alexandria, Egypt
Stock In Bombay, India

234,000
505,000

Total East India, &c
Total American
_

873,000
38,000
670,000
467,000
748,434

563,000
57,000
714,000
416,000
769,273

656,712

404,064

17,946

18,161

4,344,121 3,821,958 3,471,092 2,941,498

Liverpool stock..
London stock
Manchester stock
Continental stock
India afloat for Europe

50,000
713,000
631,000
912,740
697,084
12,134

140,000
10,000
9,000
50,000
169,000
60,000
198,000
895,000

69,000
12,000

82,000
8,000

7,000
45,000
90,000
69.000
195,000
447,000

8,000
33,000
180,000
74,000
240,000
386,000

1,161,000 1,529,000
934,000 1,011,000
4,344,121 3,821,958 3,471.092 2,941,498

Total visible supply.
..5,505,121 5,350,958 4,405,092 3,952,498
Middling Upland, Liverpool
6.09d.
5.87d.
4.09d.
7.56d.
Middling Upland, New York
11.25c.
14.80c
11.10c.
7.70c.
7 l-16d.
9*4d*
Egypt, Good Brown, Liverpool..
lid.
9 l-18d.
Peruvian, Rough Good, Liverpool
10.30d.
9.65d.
8.75d.
9.75d*
Broach, Fine. Liverpool
5 ll-16d.
5Hd.
4d.
7d*
Tlnncvelly Good Liverpool
5 7-16d.
4Hd.
5V$d.
6J£d'

...

...

...

.

...

Continental imports past week have been 183,000 bales.
The above figures for 1906 show a decrease from last week
of

3,362 bales, a gain of 154,163 bales
of 1,100,029 bales over 1905 and

cess

bales

over

1904.

■

>•"

r I

-

1906, an ex¬
gain of 1,552,623

over

a

346

THE CHRONICLE

AT THE INTERIOR TOWNS the movement—that
is,
receipts for the week and since Sept. 1, the shipments
for the week and the stocks
to-night, and the same items for

QUOTATIONS FOR MIDDLING COTTON AT
OTHER
are the closing
quotations of middling
cotton at Southern and other
principal cotton markets for
each day of the week:

the

the

VOL. LXXXLV

MARKETS.—Below

corresponding period for the previous year—is set out

in detail below.

Cloning Quotations tor Middling Cotton
Feb. 8.

Sat’day.

Galveston

10
10
10
10
10

New Orleans

Mobile
Savannah
Charleston

.

Wilmington

11-16
7-16

10 3^
11.00
10 u
11.25

10 H
10 7-16
10 \i
10 3-16
10
10 'A
10 H
11.00
©
11.25

10J*

10V8

10 7-16
10 H
10 11-16
10

10 7-16

x
3-16

10J*

Norfolk
Boston
Baltimore

Philadelphia
Augusta
Memphis

__

St. Louts
Houston
Little Rock

Monday.

.

10
U)
10

10 H
10 7-16

10M
10 3-16
10 H
1 OH
10 H
11.00
lo H
11 .25
11
10 7-16
10 Vi
10 H
io H

H
H

11
10 7-16
10 H
10 3-16
10 H
10 H
w y9
11.00
10

11
10 33
10 34
10 5-10
10 3-8
10

H

10 H
11.00

H

10 >3
11.30

11.25
11
10 7-16
10 3-3
11
io ys

113-8
10 7-16

103-3
11

10

H

The closing quotations to-day
(Friday) at other
Southern markets were as follows:
Atlanta
Columbus
i

~

■

r

x ~

10 L, I
10 J-H

Ga

-*

x•'io^c-*my xo
w-uw —
lOJ-'JCOeCOOWDt.Oyi- i-Oi-«-C;it'09lCOO>OcWOi*JOUO

©

!

*.

Cl

Cl

—‘

Cot-*

M

© CJ oeDototow© —
© C<

x*-ro3erU3ox>*©ce.t».©xx-i©to©w-vji->©‘sj.-‘D:.-‘to
ci—‘ikSDoooocioocoocii-iic-Jicjcioci^ijccsoorcrjsoccsccJcs

-J

—

x>:*—-:>o—‘Xx-.iui,5cxox-©x*.©d:-i©3o

00

03

©

‘

oil ill* -J

05
© >—to ro to to x-to x-

x-

03lo

03 03 Cl t i ClXX©
— 03
© Xx D> -1 X. IO ^1 © DO I O © ©DO —©©©-I—*
C> — ©-*1 © 03 to — -1 -*

l—

■*!
03 03 — 03IOIO

—

—‘

—

—

©x*.‘—©xxro©xxoo-ito

—»

roosto

to 03 03 X-© OC to X-

—

to

I

03

03 —to

—I

C3X-C

——'

—03

t001»e>*3

— — —

X* Cl

—

— —

February—
Range

ClOO

X*.—

03

to
55

to

OC
•

J

z

^

Cl

"'l

—

—

to

—

—

Cl

O vl Cl --J 03 X*. CO -J 03
Cl o: “J

—

I_0 CD © © © £ CO

—

03 os X* to

—

CO I

0 X*

rs IO 1 o 03 03 CO CO C 03

Clio

03

O

55 it 55 53 I

to

■DX.ecoe

55 03 03 03 Cl
3 — — e X*

—

03 53 03 03 03
55't 01 0< -vt

I 0
—

Range

Ci 03 ^1

Cl CD CO CD

.

.

Closntg
Range
Closing
Tone—

Cl 03 XX 5 55 ~~ *~ 03 CS M
-J
X- 53 03 03 C> x_ 55 Cl 55 03 X* 03 ^1 •oc

*C *55

—

COX.50

—

C0X»t3

—

03

03

t

X-50
55 t 3

C»

Spot
Options
.

03X.CO-3

55 X.

53

1

03 01

-*1

©

■

<50

I

X.

I

—
—

Cl t

X — I

55

IX 1-X ( X

Cl CO

— —

— — — 13

-1

03 03 13 rx

—

C'l

"x* 03

V)

—

'1 53 55 i 5 X. 55 55 I 5 IX -1

X.

— 'X — I X —
03
03 03 Cl it! X- X- 55 55 55

—

X't O' x-

■cn4J I

.

•

c-

-

?r

•

1
,

bales, and
to-night
85,929 bales less than at the same period last year. The
receipts at all the towns have been 70,429 bales more than
thejsame week last year,
./
■^OVERLAND MOVEMENT FOR
SINCE SEPT. 1.—We give below

THE .WEEK AND
a statement showing
movement for the week and since
Sept. 1,

made up from telegraphic
results for the week and since;
are

as

follows:

reports Friday night.
Sept. 1 in the last two

The
years

ijS

1906-07
Since
Week.
Sept. 1.

February 8—
Shipped—
Via
Via
Via
Via
Via
Via

St. Louis
Cairo
Roek Island
Louisville
Cincinnati
other routes, &e

526.168
155,544
42,620
51,151
36,4 46
258,128

-.

-

_

7,969

.

_

-

--

-

.

—-—1905 -06
Since
Week.
Sept. 1.
29 1.7 18
10,585

1.932
2,843
2,259

.10,607

5,654
1 ,2 4 6

143,592
32,052

2,24 2
1,53 3
6 ,842

39,277
164,104

28,102

732,455

61,712

Total gross overland
.56,202
Deduct shipments —
Overlarulto V. Y., Boston, &e_.
4,0 16
Between interior towns
3,581

1,070.05 7

,767

104 ,502

126

2,487

2 8,39 4

1 ,203

10,515
23,601

.10,084

159,790

3,096

138,618

.46,118

9 10,267

25,006

593,837

.

.

Inland, &r., from South

.

Total to be deducted

Leaving total net overland.a
a

Including

—

—

01

10.02

—
—

10.13-.14 10.20-.21

—

@

1U .04

—
—

97,744
33.652

1

Friday,
Feb. 8.

1

r

1
0
—i 10.23

—

—-

m

10.30

—

10.24-.25

i
10.26-.35ilO.4l-. 49 10.3G-.54
10.34-.R5l 19.4 4-.-15 10.51-.52
i

9.93-.96
9,9 4., 95

9.97-.03

9,97.,98

Quiet.

Easy.

Steady.

Quiet.

..

M

0
10.01-.08jl0.13-.18 10.07-.21
9.98.. 99 10,09. ,10110,16.,18 10.17.,18

—

Steady.
Steady.

Firm.

;

Firm.

Steady, l S’uady.
i

Steady.
Steady.

BY

TELEGRAPH.—Our tele¬

graphic reports from.'tin1 South this evening indicate that
as

a

rule the weather has been somewhat unfavorable the

past week.

Temperature has been lower and rain general,
although not excessive except at a few points. Wet weather
has interfered with crop preparations.
Some lowlands
along the Tombigbee, in Alabama, have been overflowed,
but the upper waters of the river arc now
falling.
Galveston, Texas.—We have had rain oil four days of the
week, the rainfall reaching seventy-seven hundredths of an
inch.
Average thermometer 55, highest 70 and lowest 40.
Abilene, Texas.—There has been no rain the past week.
The thermometer has averaged 40, the
highest being 76
and the lowest

.

10.

Corpus Christi, Texas.—There has been rain on two days
past week, the precipitation reaching one inch and
twenty hundredths. The thermometer has averaged 59,
ranging from 38 to 78.
Fort Worth, Texas.—There has been rain on one
day
during the week, the precipitation reaching thirty-six hun¬
dredths of an inch.
The thermometer has ranged from 32
to 70, averaging 40.
Palestine, Texas.—There has been rain on one day of the
week, the rainfall being ten hundredths of an inch. Average
thermometer 53, highest 70. lowest 30.
San Antonio, Texas.—It has rained on two
flays of the
week, the rainfall reaching twelve hundredth's of an inch.
The thermometer has averaged 54, the highest
being 80 and
of the

the lowest 28.

by rail to Canada.

movement

10.13

7.

•10.17-. 23 10.22--. 32 10.3 3-.3 9 10.38-. -15 10.50-.57
10.47*.64
10.19-.20 10.27-.28 10.33-.34 10.44-.45 1U.5 1-.55 1U.62-.63

WEATHER REPORTS

IX 55
—
O’l — — 03‘1 5 1X 03 *1 5 CM3 5 X C5
—

Tlie above totals show that the interior stocks have de¬
creased during the week 24,739
are

as

j Feb.

"c.CO50

03 O. e 53 e 01 5 15 O.OO '5 C X IX 53 Cl 'X X - - 03 X '1 '1 'l ixcxc X- Cl c
e X e. M CO M 03 05
53 03 'J 03 ^t t X “J 55 55 O- — Cl 03 I X — CO I
X Ci't 03 55 C' CO :
CO 5: 55 — © X*. 75 CI X-55 03 53 — '^©©©©©©©Ix — 03
03X0030551X01 — >

the overland

) Thursd'y,

Clfx —

—

Cl
CI —
tx
—
03 03 C CO t 5 03 55 X* CO X. X- •*!
CO C C" 533 I X 03 5: O X* 03 X- X. — '1 Cl 55
03 X* 53 t X I 3 I 5 X* 03
—

Feb. 6.

—

#

CD!

—

10.1 2-. 17 10.1 4-. 25 10.23-.30

July—
Range

—

©'xx'io
— t 0

550303**IX.5C—I 03 55 03 55COCCI

—

15-16

10.07-.1 3 10.11-.21 10.18-.26 10.2 1-. 28 i 10.3 4-.4 5
10.29-.47
10.09-.10 10.16-.17 10.18-. 19 10.27-.28! 10.57
10.44-.45

Closing

03
03
00
03
—
—
ci CO — -J ~
03 — CO — toX*03X*ClC030353
Co CI 03 — 03
‘O 03 X. CO X- t o
X* 5C 03 O —‘ 5C CD
X- 05 55 — 03 to — — X*. “1 c: 5C Ci X*. C M 03
Cl 03 03 55 X. CO —
—

%

9.95

October—

—

Feb. 5.

.

CM O —
03
Cl
50 -J -1.0 CO 03 03 —

lou
0

i

Closing.

Co

—

—

May—
Range

—

03

Feb. 4.

*

Closing

CiVj

03
CD

Monday, Tuesday, Wed’day

M arch—

to

CD 03 Cl 03 C'l Cl X* to 05

—03-l Cl 03 Cl 03 tolo Clio — —I 03 — to 5C03 O X- to C1S5
o; OC O'io cole lo —
CO 03 C 03 53 03 — CI O -J 03 03 ■*! 03 CO — C to O CO C CO
X* CI X- 03 03 — X- Cl — I 3
C — Cl 5c C 15 13 C e O: O 03 03 — ~ to C 03 X. t o C C3 C CO Cl O: Cl — X* X* CO
CO 03

—

Feb. 2.

*Ji

e. a-

0* 50

wM»9OCM*»09C-

10 V2 I Raleigh
10 L j Shreveport

Nashville

Sat’day,
3

—

© tx

—

0^0 5C03IO ~ © t X©—‘ Xx f_x X* Cl ©©lx Qi X* 50 -1^1

1

Co

MM

:WOWi->
4J.-*0ci->i*CTsIO5OC*4C''^.M
Xxd.U©r\S«DfoCODlCX».f,S
: I X X» 05 Cl 5D Ci ©
© ^ W >-* CI -J — © C'l X* C3 Cl t X C3 00 t-> --1 C> to >— Xx «-» © •—

Montgomery

important

•NEW ORLEANS OPTION MARKET.—The
highest,
lowest and closing quotations for
leading options in the New
Orleans cotton market for the past week have been as
follows

'D*
i

nn-

Tuesday. Wfd'day. Thursd’y.

Taylor, Texas.—We have had rain on two days of the
week, the rainfall being seven hundredths of an inch. The
thermometer has averaged 40, ranging from 24 to 50.
last year, and that for the season to date the
aggregate
New Orleans, Louisiana.—We have had rain on two days
net overland exhibits an increase over a
year ago of 310,430 of the
week, the rainfall reaching eighty-three hundredths
bales.
of an inch.
Average thermometer 51.
1966-07
1905-06-—
In Sight awl Spinners'
Since
Shreveport, Louisiana.—There has been rain on two days
Since
Takings.
Week.
Sept. 1.
Week.
Sept. 1.
during the week, the precipitation reaching one* inch and
Receipts at ports to Feb. 8
.251,289 7,525,840
131,005 5,804,051
two hundredths.
The thermometer has averaged 52, the
Net overland to Feb. 8
40,118
910,267
25,0)0
593,837
Southern consumption to Feb. 8
47,500 1,082,500
40,000 1 ,005,001)
highest being 70 and the lowest 28.
Total marketed.
Leland, Mississippi.—There has been rain on four days
344,907 9.518,0)7
202,011 7,5 2 2,888
Interior stocks In excess.
-fl24,739
51 1.879
1 4 ,550
501,907
during the week, to the extent of one inch and thirty-two
hundredths. The thermometer has ranged from 20 to GG,
Came into sight during week
320,168
188,001
Total in sight Feb. 8
..10.033,480
8.084,795
averaging -10.7.
Vicksbary, Mississippi.—Rain has fallen during the week
North, spinners* takings to Feb. 8.
92,797 1,713,216
58,054 1,573,3 42
to the extent of one inch and twenty-sx
hundredths, on
a Decrease during week.
three flays.
Average thermometer 43, highest 73, lowest 28.
Movement into sight in previous years:
Helena, Arkansas.—The rivers are now falling after having
reached a height of 50.4 feet.
Week
Bales. 1
Since Sept. 1
Rain has fallen on two days
Bales.
1905— Fell. 10...
133,852 1904-05 —Feb. 10
.9,008.1 04
during the week, the rainfall Being sixty-three hundredths of
1904 —Feb. 12...
192.077 ! 1903-04
Feb. 12.
.8,311 .455
an inch.
The thermometer has averaged 35.3, ranging from
1903 —-Feb. 13...
242,993 j 1902-03
Fell. 13..
.8,405,310
1
The foregoing shows the week’s net overland movement
has been 49,118 bales, against 25,000 bales for the week

...

.

.

_

.

.

a

.

..

..

.

.

..

_

-

—

—

.

—

IMS—Feb.




1.

.

!

.

..

.

.

.

—

...107.4191 1901 -02—Feb.

14...

*,221 474

21

to 61.

.

Feb. 0 1907.

317

THE CHRONICLE

|

WORLD’S SUPPLY AND TAKINGS OF COTTON.—

Nashville, Tennessee.—We have had rain during the week,
the rainfall being forty-nine hundredths of an inch.
The
thermometer has averaged 39, the highest being GO and the
lowest 12.
Memphis, Tennessee.—The river is now thirty-eight and
six tenths feet on the gauge, and falling. It has rained on
two days of the week, the rainfall reaching one inch, and
twenty-three hundredths. Average thermometer 33.8, high¬
est 5S.S, lowest 16.8.
Mobile, Alabama.—Heavy rains in the interior early part
of the week but latterly freezing weather lias prevailed.
Lowlands along the Tombigbee liiver and branches have
been inundated.
Upper wate.is now falling. Ham has fallen
on three days of the week, the precipitation re-aching one
inch and thirty-four hundredths.
The thermometer has
averaged 5-1, ranging from 33 to 76.
Monujoniery, Alauama.—There has been rain on three
days of the week, the precipitation reaching one inch and

The

following brief but comprehensive statement indicates
glance the world’s supply of cotton for the week and
since Sept. 1, for the last two seasons, from all sources from
which statistics are obtainable; also the takings, or amount
gone out of sight, for the like period.
at

a

j

Cotton Takings.
\\ cek and Season.

] 908-07.
11 eck.

:
..

I

._

Visible supply Feb. 1
Visible supply Sept. 1
American in sin*lit to Feb. 8
Bombay receipts to Feb. 7.
Other India ship'ts to Feb. 7.
Alexandria receipts to Feb. 6
Other supply to Feb. 6_</

.

Total

fifty -seven hundredths.
The thermometer has ranged from
28 to 75, averaging 51.
Siloia, 'Alabama. — Rain has fallen on two days of the wet k,
the rainfall being one inch and fiftv-iive hundredths.
Aver¬

f
i

..

Embraces

a

an inch.
The thermometer has averaged 71,
ranging from 26 to -16.
Savannah, Gionjia.—There has been rain on three days
during the week to the extern of forty hundredths of an inch.
The thermometer has ranged from 31 to 76, averaging 51.
Charleston, South Carolina.—There has been ram on five
days of the week, the precipitation reaching fifty-one hun¬
dredths of an inch.
Average thermometer 50, highest 65

.

•

.

.

10.0
38.0

14.3
23.2

14.8

10.0

7.5
49.2

13.0
38.0

.Above zero of rtnnrre.

Above zero of
.Above zero of
Above zero of
* Above zero of

_

caum*.
trance.

t’ausre.
gaujre.

lit

ci

i jns (t*ii: 11 u*s it)
Thi' wtrl;
Since Sep:. 1

I

Bombay

!

J

11 'cek.

i 95,000

..

Since

'

-

Britain.

1904

.S/ nee
Sint. 1.

e k.

1

-

^on ft-

Since

—

-

—

'

j Total.

vent,

-

j

o

S. vt.

Cairn»

I n

Madras

15,000
29 .000
2 1 .1)00'

1

.

| 5.500.130.1 19

Liverpool
Mnnrhe.itor
Continent
America

A

./

(1,000
-

-

.

-

•

-

5,000
6,000

•

1 6 ,0(10
26 ,0011
9 ,000
3

,00(0

5 ,000

i

1 .000

1

,C0o'

2

;000

2,000
1 ,oot:

.

,

2.000

.

1905 i m
1904 05.

...

i.VJ,250
i

cantar

5 ,t)o■;
1 ,0OO
1 ,00(1

1 ,ono
.

98

is

1 ,000

.

n,5or 84,350
18.000 177.845
3,50<
>0.182

lbs.

-

-

_

.

receipts for tin* week

MARKET AND SALES AT NEW YORK.
The total sales of cotton
week at New York

are

the spot each day during the
indicated in the following statement.
on

For the convenience of the reader
show at

we

also add columns which

glance how the market for spot and futures closed

a

days.

same

Closed.

Suits oi Spci and Contract.

j

Futuris
Mark it

,

i

Closid.

;

Spot Mark it
.

--

('on- ;

Con-

|F.rport sum'n. tract. : Total.
Saturday.
Monday
Tuesday
.

[Steady

Steady

..

_

j Firm
.jl'irm

...

..

Steady..,.

.

Barely steady

.

;

!

;

!
.‘

.

Wednesday Sternly
Very steady
Thursday [Steady. 5 pts. adv. Barely steady
Friday
Steady, 5 pts. adv, ..Very steady.
...

—

Total.

I

1

■

34

4 35.000
372 ,000
i ) 6,000

107 ,oo(>

MANCHESTER

34,000

37,000

33,000
9,000

38 ,000
9 ,000

7.On*
4 .090

’

..

_

.

...

15

15

.

49

.

49
1

MARKET.—Our

report received by
to-night from Manehest(*r states that, the market
firm for yarns and strong for shirtings.*
The demand

cable
is

for both yarn

1.2.000
23,000
1 2 ,009

14,000
24,000
1 1,000

1

44 ,ooo
55 .0011
4 1 .000

49.000

I

62.000

j

45 ,000

3-1

(

.

.

-

_

-119,000
346,000

were

150,000 eantars and the fori'ign shipments 39,250 bales.

—■

.

7,000148.7(0' 2.5(»0 ! 37.172

1 i,om. 109.465
8 25c 178,753
32,500
49,‘.'98

587,668 28.500 184.217 30„5o( 439,819

This statement shows that the

i

1905-07
1905-on.
190 1-05
All ot lu rs
19(01-07

S,75u l lo.Ool
16.5on 2 10,407
7,500
7 1.5-1!

Since
Thi.t
Sinn
Sept. 1.’ tcuk. Sip!. 1.

This
auk.

Since
Sc;l.

iCtek.

i

16 ,ooo
29 .00(1
2 1 .000

5 ,000:

.

..

150,0(10

4.HU.775

To
To
To
To

Total exports

.

170,009

4,870,881

i

1,000
.

150,000

5,905,219

i

Total.

i

1 hO'i-n?
! 905-09.
1911 1 05.

..

i Tills

September 1.
Conti¬
nent.

() F

!9051904 0*).

964 ,000

75,(iO(i

.749,000

Sill PM E X TS

AN D

Fxparts (bales)—

~

Bombnv—
19(t<>-()7_

1

5.

Si nee
1

j

—

Great
I Iri lain,

-

.

UYrfr.

1 ,156,000 1 14,000 1 ,345,000

—

J (Iri at

Week.

1.

Sept.

For the Il\

Frports from

148,000

— -

..

on

190 5 00.

,350.958

7.650,307
5.901,307

Smyrna, West Indies, die.

1908-07.

1

.

receipts of cotton at Bombay and the shipments from all
India ports for the* wee*k and for the season from Sept. 1 fop
three years have been as fedlows:

l\crei]>ts at—

Bra: .91.

R E( EI RTS

Ftbme.ru 0.

The

1900 -(>7.

5

400,141
252,1 4 !

randri i, Fount,

INDIA COTTON MOVEMENT FROM ALL PORTS.—

F<1>ru arii 7.

'

,350,958

_

...

Shreveport
Vicksburg

1905-11'*,
190 !-(15.

receipts in Europe d'rom

of the dates given:

.....

1 24 .000

649,000
253 ,(>00

COTTON.—Through arrangements made with Messrs.
Choremi, Benachi A Co., of Liverpool and Alexandria, we
now receive a weekly cable of the movements of cotton a
Alexandria, Egypt. The following are the receipts and
shipments for the past week and for the corresponding week
of tin* previous two years:

Carolina.—There has been rain on four
days of the week, the precipitation reaching two inches and
twenty-nine hundredths. The thermometer has averaged
40, the highest being 17 and the lowest 34.
Siai'haru, South Carolinahas rained heavily on three
days of the weed:, the* precipitation being two incite s' anel
eightv-nine hundredths, (’older since*. The* thermometer
has averaged 1 1, ranging freun 22 to 69.
Charlotte, North Carolina.—Wo have had rain eluring the*
week, the precipitation re*ae*hing one* inch and sixteen hun¬
dredths.
The thei inonie,te*r has ranged from 18 to 63,
averaging 36.
/fhe following statement we* have also received by tele¬
graph, showing the* height of rivers at the points named
Feb. 0 1906.
Fiet.

2,545,470
8.084 ,795
1,345,000

•*

188,001'
1 14,000
7 ,000
22,00(0
10,000'

8.557.521
6,587,52 1
1,970,0; n)1

-147,530
34 1,530
106.000,

ALEX AND R LA

ainl lowest 27.
Gr>« nwooa, South

\V\v (\rl -ans
M ninii-.
Xa-'hvOle

.4 10.038'

1

dredths of

Feb. S 1007.
Fret.

Season.

|

14 ,001* ,(141* 5 .751.099 1 3,00! ,265
t

age

at S a. in.

«>

|

-

!
!
5,505,121 1 5,505,121 5

Total takings to Feb. 8
Of which American
Of which other

thermometer 3.>, highest 55, lowest lib.
Ani/usta. Geuroia.—Rain has fallen on three days of the
week, the precipitation reaching two inclus and thirty hun¬

-

1

supply Feb. 8

-

\\<ek.

1,78-1, l r,(i
320,168 10,033,186
1 ,1,i6,00 »
95,000
7,000
100,0!':!'
787.000.
20,000|
202
2,000
,0001
-

I

supply..

1905-00.

j

5,508,483,

{

I hi! UCt—

Visible

j1

Season,

|

and cloth is good. We give the prices
to-day below and have those for previous weeks of
and last year for comparison:

for

j

! this

1905-06.

1906-07.

*

Total all

8*

-

1900-07..

..

.

1905-0(1.
1904 05..

.

2,ooo
1 .000

2 1 ,000
35 .000

22,000

V3 ,0'x;
36,000
22,000

26,000
39 .00(1,
1 5

,000'

509,000
157 ,000

109,0001

535.000
496,000
1 84 ,000

32S Fop
Tuist.

1
i

1

d.

Dec
•Js

According to the foregoing Bomb ay appears to show a
compared with last year in fhe wee k’s reei •ipts of
19,000 bales. Exports from ill Indi: i jiorts record a loss of
13,000 bale's during the wee*k and since Sept. 1 show an
increase of 39,000 bales.
,

decrease

|
! 9*4
Jan.!
9*4

•1
,

11
is

25

j

8

a.

<<C

10Y 6

5

(di

10Y 6
107, 6
ion 6
10\ 6

5

lbs. Shan- .em'n
i.t
COfl •"on
j M id
IF plS
(UUS l.

S>4 lbs. Shirt- j C’«f n

‘t'lp
32s

e/ini »i». iti

.

\fiH
Mid

inns?
inps.
common

/
Cop

Ticist.

.

finest.

to

I

s

<jC9

.

a.
s

d.

d
-

5

BUTTS, BAGGING, ETC.—There* are* no quotable
change's in the* prices for jute bagging, the* ruling prices now
being S^c. for \ ji lbs. and 9f^e. for 2 lbs., standard grades*
Jute butts also dull at 3@4e*. for bagging quality.

d.

6

5

9\ i\
«JM 6

5
5

97ii

«

s.

-<i9

d.

d.
4

b,

6.24

6

6

in

9

27,9
9

(<;

9
9
9

9-\

6

5

O'

0

„

(<i

r.r9

4 >

.

Co 9

4 >

.

2t9
9

41-.,
4 1

6.23
6.09
6.30

6.17

1

K> 11-16 (a*

10's 6

! <9 15-16-5

1 1

-

6

5 87 S 15-16 51
5.96 S74
rtf!
(ifl
S',
5.90 SU
it

s

"

6

6
1
*

1(9
to 9

9

10

j 6.09 ‘
1

S'1,
S',

Or‘ s 0
9', 6

'a

«>

<9 9

.*>

9

•

4 1

_•

5.99
5.87

*

SHIPPING NEWS.—As shown

JUTE

,3.

d.

0 S 15-16 '«0

FpVs

\

9 13-16 'll
9s k
(a1

j|9*4

tL

d. s.

»

2

to

■

i


http://fraser.stlouisfed.org/
Federal Reserve
Bank of St. Louis
MlWiNWillfSJOTCiif'iF'7 pi-t
s^BsaBmsssmm

i

int.’S.

on

a

previous page, the

exports of cotton from tlu* United States the past week have
reached 223,816 bales.
The shipments in detail, as made up
from mail and telegraphic returns, are as follows:

■

Wl ■jnf-W||i'*iiT(l «** lie

Total bales.
NEW YORK—To Liverpool—Feb. 4—Bovic, 525....Feb. 5—Sla¬
vonia, 3,752
To London—Feb. 1—Minnehaha, 22
To Marseilles—Feb. 5—Gallia, 33
To Antwerp—Feb. 5—Kroonland, 97; St. Andrew, 5(38
To Barcelona—Feb. 4—Manuel Calvo, 1,150
To Genoa—Feb. 4—Manuel Calvo, 900
To Naples—Feb. 1—Neckar, 959
To Japan—Feb. 2—lndranl, 536 — s
NEW ORLEANS—To Liverpool—Feb. 2—Kingstonian, 14,941
Feb. 6—Barbadian, 7,500; Dictator, 7,083
To Manchester—Feb. 8—Manchester Mariner, 9,500
•—
To Dublin—Feb. 7—Malin Head, 117
To Belfast—Feb. 5—Bray Head, 1,200
'
'
To Glasgow—Feb. 7—Marthara, 600
'
To Havre—Feb. 4—Californle. 4,888
To Marseilles—Feb. 4—Irene, 64
To Bremen—Feb. 2—Cayo Manzanillo, 7,652. ...._
—l.
To Antwerp—Feb. 2—Morazan,
1,272
Feb. 5—Arehtor,

1,119

The
below.

prices of futures at Liverpool for each day are given
Prices are on the basis of Uplands, Good Ordinary
clause, unless otherwise stated.

4,277

22
33

The prices are given

(365

1,150
Feb
to

Feb

1,200

Feb.-Mch.
M cli. -Apr.

4,888

Apr.-May

64

May-June

7,652

June-July
July-Aug.
Aug.-Sep.
Sep.-Oct

2,391

2,319
2,457
Feb. 2—
12,588
50,382
Feb. 5—Atlantlan, 16,164

.

....

...

Dec.-Jan

French

Great
York.
Orleans
Galveston
Port Arthur
Mobile
Savannah
Brunswick
Boston
Baltimore
New
New

ports.

33
4,299
4,952
40,941
55,668 10,868

_

—Oth. Europe— Me.r.
Ac. Jiipa a
Forth. South.
536
665
3,009
4.776
7 652
2,391
mi hah
3,119
4,417
8,529

200
loo

16
7,367
778

7,077
425

1,692

50

1,157
84

207

579
1,995

4,253

8,145
7,502
1,157
291
579

.

..

.

Phladelplila
Portland, Me

8,542
60,712
96,314
8,529
10,448
13,(307
8,145
9,244
1,157

50

1,692

291
579

San Francisco..
Seattle
Total

Total

.

6,243

7.364

—

125,946 15,853 48,871

gj

13,716

1
4

...

—

—

—

1

,995
,253

,995

4,253

freights at New York the past wee k have been as
ollows, quotations being in cents per 100 lbs.:
Manchester
Havre
Bremen

.

c.
-C.

..

.c.

.

,c.

Hamburg1

_c.

Antwerp
Ghent, via Ant..

-C.

Reval, Indirect.
Reval, via Canal.
Barcelona
.

.

...

Japan.

..

-C-C.

c.
c.
.c.
-f.

.

Sat.
17

M on.
17

17
21
20

17
21
20

•>

Tues.
17

Wed.
17

17
21
20

17
21
20

«)•>

•» •>

20
25

20

Thurs.
17

•>

•> •>

20
25
28

20

25
28

28

25
28

17
21
20
HH
20
25
28

26
23
32
45

26
23
32
45

26
23
32
45

26
23
32
45

26
23
32
45

r

Erl.
17
17
21
20
9 •>

20
25
28

26
23
32
45

—By cable from Liverpool we have the following statement of the week’s sales, stocks-, &c., at that port:

Sales. American4
Actual export
Forwarded
Total stock — Estimated
Of which American—Est.
Total import of the week
Of which American
Amount, alloat
Of which American

Jan. IS.
7 1 .000

Jan. 25.

50,000

55,000

2,000
2,000

4 ,000

3,000
5,000

62,000
20,000
1 1 2,000
790.000
.

...

680,000
177,000
138,MOO
4,000
432,000
50

Eeb.

2,000
45,000
19,000
106,000
822,000
738,000

1.

Eeb. 8.
62 ,000
-

2.000
1 ,000

47,000

49,000

19,000

1 1 ,000
1 16,000

102,000

156.000
131 .000
46 1 ,000

888,000
795,000
187,000
loo.ooo
477,000

398,000

4 17,000

902,000
805,000
140,000
1 06,000

498,000
442,000

The tone of the Liverpool market for spots and futures
eacli day of the past- w< 'ek and the daily closing prices of
i

Monday

Saturday.

Spot.

j Tuesday.

Wed’day. i Thursday.

i

Market
12:15
P. M.

1;
' j
J

Mid.rpi’ds
Sales.

Spec.&exp.j
Futures.
Market




|

5.90

8,000

12,000

1,000

1,000

\ at lf«3pts.

Quiet at
2 >a 21 4
pts. dec.

V’y st'v at
l4 pt. dee.
J't<> 1 pt.ad.

Firm a
44/5'4
pts. adv.

' B'r'lv st’dv

decline.

opened
Market
•1
P. M.

demand.

demand.
5.90

...

Good

Moderate

•

Good

Good

! demand.

demand.

.

More
demand.

Fair
business
domic.

6.01

6.11

6.09

12.000
1.000

12,000
1.000

12,000
1,000

10,000

Steadv at

Steadv at
3 points
decline.

Firm at
2 <Kt3 pts.

Firm.unch.
pts.
advance.

Steadv at
3 fa.7 pts.
advance.

1
point
decline.
■

J

Steadv at
2 1 j fa 1

pts. adv.

cables and

a

less active demand.

DAILY CLOSING PRICES OF WHEAT
No. 2 red winter.

...

to 31

ZSSSS3

advance.

Firm.
unch. to 1
pt. dec.
Firm .unch.
to
1 tit.

advance.

Sat.
.84
.85
.84 > 4

FUTURES IN NEW YORK-

.\fon.
83 q
84 q;
84

Tues.
83 y

84 y
84 q

Wed. Thurs.

85's
85 "s
85 1 s

Sat.

Mon.

7 8 ?. s
.78 y

77's
77 Js

_

Tues.
78

y

77

>s

•

85 U
86 >4
85 %

Fri.
85 q
86 q
85 Yi

CHICAGO.

Wed. Thurs.
79 q
80
79
79*5

Indian corn future's have advanced under the
increased speculative demand and the rise in
oats.
The cash markel at the West has been
an

500

notwith¬

standing the recent severe weather the winter wheat in this
country has suffered no serious injury, but is, on the contrary,
doing very well, with adequate snow protection. The Argen¬
tine shipments, too, have increased somewhat.
The domi¬
nant factors, however, have been the Russian news, rising
European markets, the strong Northwestern situation,
reflex influence of rising prices for corn and oats, a broadening
speculation, and, within a day or two, large export sales,
partly Durum wheat, it is stated, to Russia. To-day prices
were easier in the main, owing to realizing, disappointing

May delivery in elevator
July delivery in elevator

j

!

serious that the

DAILY CLOSING PRICES OF W H E AT FUTURES IN

Friday.

5.99

so

lias been

May delivery in elevator
July delivery In elevator.

follows:

spot cotton have been as

quotably

vices from various sources are to the effect that

LIVERPOOL.

Sales or the week
.hales.
Of which sneeulators took..
Of which exporters took

y
y

66 y 65 y 64 >4 06 q
60
58 y 65
64
63
05
56 >4 63
62
61
63
oA
58 y 58
57 y 59
47 y 52 y 52 y 52
54
48
44
48
47
49
40
44
40 3 4 44
42 q 44
39 y 40
43
43 y 42
43 q
43
43 y 42
39 11* 40
43 q

57
56
54
51
46
43

and maize for the stricken

Cotton

.

37 y 39
37 y 39

54 y
51 y
46 '■>
43'4
4o y
40
40

buying Durum wheat, rye, barley
districts; while it is also intimated
that in all probability Russia’s export surplus will be ma¬
terially reduced, if indeed there is any at all. To make
matters worse, the weather in Southwestern Russia of late
has been, according to some advices, distinctly bad.
In our
Northwestern section snows are so heavy that there is some
talk as to the possibility of more or less delay in spring-wheat
seeding, though it would seem somewhat early to form any
conclusion on that point.
An active demand for export
sprang up here on Thursday, though during most of the
week the foreign business, has been small.
Moreover, ad¬

Government

The exports to Japan since Sept. 1 have been 115,769 bales
from Pacific ports, 10,000 bales from Galveston and 595
bales from New York.

Liverpool

y
y

56

d.
it.
d.
d.
d.
d.
64 y 67 y 75 y 74 q 73 y 74
q
60
63 y 71 y 70 1-4 68 y 70 q
58 y 6i y 69 > 4 68 y 67 y 69

the effect that the famine in Russia is

to

6,784 223,816

50

48 >4 5o
43 y 45
40 y2 43
40
38

ft.
64
61
58 y
57

changed as a rule, although several grades have advanced
slightly, owing-to the rise in wheat. Trading, however, has
continued quiet, any advance having the effect of making a
dull market still duller.
At the principal milling centres of
the Northwest trade has been stagnant.
Some of the winterwheat mills have reported larger transactions at times, but
the improvement has proved of short duration as a rule.
Exporters continue to hold aloof from the market, and the
clearances from the seaboard have been small.
Rye Hour
has been dull and steady.
Corn meal has been dull and un¬
changed.
In wheat there has been a considerable expansion of specu¬
lation, partly under the stimulus of rising foreign markets
and the strength of other grain.
Moreover, the Northwest¬
ern receipts have continued small, cash prices in that part
of the country have been noticeably strong, and very cold
weather has prevailed in that section, together with snow
blockades, which have made the work of marketing the crop
more arduous than before.
Then, too, the temperatures
have been very low over the winter-wheat belt, even extend¬
ing well into the south, while the snow protection, according
to some advices, is but partial.'
But the one great source of
strength in the foreign markets has been the further advices

7,364
5,216
711

10,448

......

d.
63
58 y
57
56
55
53 y

Friday, Feb. 8 1907.

10,448

*

_

d.
60 }/>
56
54 y
53 y
52 y
5i y

Prices for wheat flour have been firm but not

8,529

(hr-

man:/.

.

dd.
55
54 y.
50
51
49 y. 48 H
48 H 47 }A
47 U* 46 L.
46 y 45 H
44
43
38 q 38
35
36
32 H
34
33 >4 32
33 >4 ,i.

BREADSTUFFS.

The particulars of the foregoing shipments for the week,
arranged in our usual form, are as follows:
Jiritain.

5
5
5
5
5
5
5
5

.

223.816

.

5
5

—

Get.-Nov.
Nov.- Dec.

325
1,486

—.

.

Total.

"5
5

4
4
4
12 H
12 q
4
12 H
12 h
12 q
4
p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m.

H

1,308

.....

_

12

p.m.

_

_

_

12 >4

661
3,756

.

.

Fri.

22,242

.

...

Thurs.

5,286
10,868

To Manchester—Feb. 4— Saturnina, 5,286
To Havre—Feb. 1—Alconda, 10,868
—
-To Bremen—Feb.
1 — Inchmaree,
9,753
Feb. 5—Barra,
12,489
To Rotterdam—Feb. 1—Lord Ormonde, 661
To Antwerp—Feb. 1 — Penrith Castle, 3,756
To Trlesti—Feb. 6— Marianne, 1.308
To Venice—Feb. 6—Marianne, 325
To Flume—Feb. 6—Marianne, 1,486_.
PORT ARTIIFR - To Bremen —Feb. 6—Dunholme, 8,529
MOBILE—To Bremen —Feb. 5—Clifton, 10,448
SAVANNAH —To Liverpool—Feb. 5—Palatinia, 7,25(3 upland, 108
Sea island
To Bremen—Feb. 5—St. Quentin, 5,216
....
To Hamburg—Feb. 5—St. Quentin,711
To Reval—Feb. 5—St. Quentin, 200
To Stockholm—Feb. 5—St. Quentin, loo
—
To Cddcvalle —Feb. 5—St. Quentin, 16.
BRI’NSWICK—To Liverpool—Feb. 6—Corby, 7,367
To Manchester—Feb. 7--Gladestry, 778
BOSTON—To Liverpool—Feb. 4—lvernia, 2,056—_Feb. 6—De¬
vonian
5.021
To Manchester—Feb. 1 —Iberian, 425
To Genoa-—Feb. 1 —Republic, 1,692.
—
.
—
To Yarmouth—Feb. 1—-Boston, 50.
BALTIMORE -To Liverpool—Feb. 1—Templemore, 1,157.
1*111 LA I) ELPII 1A —To Liverpool—Feb. 1 —Jlaverford, 84. .
...
To Manchester —Feb. 5—Manchester Commerce, 207
PORTLAND, ME.—To Liverpool—Feb. 2—Dominion, 579
SAN FRANCISCO -To Japan— Feb. (»— Korea, 1,995. ... ... .
SEATTLE—To Japan—Feb. 6—Tango Maru, 4,253
.

Wed.

Tues.

Mon.

p m.
d.

February.

To Trieste—Feb. 4 — Irene, 2,457
GALVESTON—To Liverpool—Jan. 31—Jura,

Milwaukee, 21,(330

8.

117

600

Thus: 5 55 means 5 55-100d.

2

29,524
9,500

..

in pence and lOOMs.

Sat.

900

959
536

To Venice— Feb. 4—Irene. 2 319

Genoa
Trieste

[V OL. J.XXXIV,

THE CHRONICLE,

348

Fri.
so

79 H

stimulus of

wheat and

active and
rising. The receipts increased early in the week as a result
of colder weather, which improved the roads, but of late the
movement- has again fallen to small proportions.
The re¬
ceipts of contract grade, moreover, have been insignificant,
a fact which has caused more or less covering.
Bulls have
given support and commission houses have been good buyers
at times.
Some rain has fallen in Argentina, but the crop

■MiaUU

Feb. 9 1907

THE CHRONICLE.

|

The demand for heavy brown drills and sheetings has been
rule, report serious damage
from drought and locusts, and it is expected that the exports exceedingly active, mills being sold up through the third
from that country this season will show a large reduction.
quarter with prices firmly held, calls for sheeting purposes
To-day prices sagged under liquidation and a reaction in being urgent. Fortunately for the trade, the China move¬
wheat and oats.
ment is light, though constant depletion of Shanghai stocks
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN NEW YORK.
not argue for a continuance of this condition.
does
Bleached
Sn(. Mon. Tut's.
Wed. Thurs.
FrL
Cash corn
55 q 57
57
57 ,q 57 q 58
goods
are so scarce that a famine is talked of in ticketed lines
May delivery in elevator
53 *s 53 q 53 q 54
54 % 53 q
52 "s 53
531 <j 53q 54
53 % during the next month, sellers being forced into the gray
July delivery In elevator
DAILY CLOSING PRICES OF CORN FUTURES IN CHICAGO.
goodshnarket in order to obtain material for completing or¬
Sat. Mon. Tues.
Wed. Thurs.
Frt.

*

advices from that country, as a

465s
40 q

46 q
46.q

40
45 q

in elevator
in elevator

May delivery
July delivery

cent, the output being well taken during
sheetings
1907.
Supplies also of sheets and pillow cases are low, with
prices firm. Coarse, colored cotton goods have been advanced
over last year, both tickings and denims being quoted al¬
most a cent higher, requests for fuller deliveries being fre¬
quent.
Linings are active, with the finer grades having an
exceptional call. Higher prices are being asked for leading
dress ginghams, with the supply inadequate. Bequests for
napped goods are being made to eke out depleted stocks.
Print cloth regulars are }/% cent higher, but stocks are being
held for full value, mills asking as high as
cents. Prints
have continued active, in spite of recent advances, and mills

wide

Oats for future delivery in the Western market have ad¬
vanced, with the trading active and at times excited.
Bulls
have continued to manipulate the market, and 45c. is pre¬
dicted for the May option in Chicago'.
Commission houses
have been active buyers and shorts have covered freely.
There has been an absence of aggressive resistance to the

upward movement. The cash demand has been brisk at
advancing quotations. The receipts have continued on a
small scale, and although there has been free realizing of
profits at times, the offerings have been readily absorbed.
To-day the market was lower on realizing sales.
OATS IN NEW YORK.
Tues.
Wed. Thuss.
43 b
45 q
42 q
44

DAILY CLOSING PRICES OF

Mixed. 20 to 32 lbs
42
White clipped. 30 to 38 lbs.44-45 }o

44q-40q 46-47Ja 48-41) 48*4-50

40 q

49-50q

3!)1

May delivery in elevator

3i>q

*

30.q

July delivery in elevator

3oq

40 q

377s

375s

37q

4oq
3774

41

40 q

following are the closing quotations:
FLOUR.

Low

grades

Second clears
Clears

Straights
Patent, spring..
Patent, winter..
Kansas patents.

.

$2 80 @$3
2 50 ft 2
3 50 @3
3 65 @ 3
3 80 @ 4

10 |
00
75
75
20

Kansas
Kansas

straights

clears'

Blended patents
Rye flour
Buckwheat flour

.

3 80 @ 4 05 j Graham flour
3 80 ft 3 001 Cornmeal

.

$3 00 @$3 75
3 10 ft 3 40
4 50 @5 10
3 05 @ 4 20
2 10 @ 2 25
2 90 © 3 75
2 70 ft 2 75

GRAIN.
c.

Wheat, per bush.—
c.
I Corn, per bush.—
N. Duluth, No. 1
93 q!
No. 2 mixed..
N. Duluth, No. 2
f.o.b. 92
I
No. 2 yellow, new
Red winter, No. 2
f.o.b. 85 % \
No. 2 white, new.
Hard
“
“
f.o.b. 88 q | Rye. per bush.—
Oats—Mixed, per bush.—
1
No. 2 Western
48 7-J @50
I
State and Jersey. _
No. 2 white
No. 2 mixed
40 q I Barley—Western ..
No. 2 white,
For other

f.O.b.58
f.o.b.53 q
f.o.b.54 > j

.

.

.

Nominal.
Nominal.

Nominal.
Nominal.

Feeding
@50 q|
usually given here, see page 321.

clipped ..49

tables

York, Friday Night, Feb. 8 1907.
goods market is almost without

precedent, the strength of the consumptive demand being
far and away above the output of goods; in fact, so much so
that many mills are sold well up into 1908.
Buyers are so
eager for goods that they are paying the advances willingly
in an effort to get near-by delivery,though contracts are being
placed many months ahead. Purchasers from the South
and West have been buying more freely than usual, finding
an incentive in the light stocks in jobbers’ hands.
Many
lines of fabrics are held at value, and advances are readily
paid where deliveries can be guaranteed. Up to date there
is no indication of a reaction in this branch of industry,
though merchants recognize the possibility of higher prices
curtailing consumption. It is significant in this regard that
jobbers are making contracts with the mills for the entire
year 1907, where possible, in staple goods.
The whole trend
is toward higher values, standard print cloths having been
advanced, and the same being true of gray goods and colored
.cottons.
The price of the raw material is not a factor in the
steady rise, mills paying above current prices, besides taking
more than the average waste.
An influence which tends to
further deplete stocks is the congestion on the railroads due
to snowstorms, though the situation in this respect had pre¬
viously been bad, particularly on the Southern roads. Or¬
ders from China are light being mostly for small lots, but
the depletion in stocks at Shanghai suggests an improvement
later on. ' There is an active demand for the better class
of woolens and worsteds in men’s wear and dress goods.

re

India
Arabia.
Africa
West Iudies
Mexico
Central America.
South America
Other Countries..

Week.

2.

5

-3

0

0

0

0

as

0

O

.

or,
5.77 s*

_.

.

.

_

..

..

—

27
15

81

2,133

727

7,927
1 ,5! 7
2,725

5 r>

244

003

Week.

250

450
1 ,!) HO
39!
51*7
25
3 ■11

^

_

.
..

Total

31 5
003

4,844

13,504

2,05!
5,07 1

71

7,511
30

,‘40

'
;

m

.

3

<

1

•

1

ra

73

1

i

.

,

72

1

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0

t

MS

0

c

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r-

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55

2.

—

0

2L

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■9

;

0

■

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.

0

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.

1

3

,

£

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'

'

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1

‘

.

l

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1

l

l

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h-,

1

!

l

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73
O

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c

1

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1

3 £.
*3 j®

: :

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1

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j as is ci 3 ~i

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—

IS
y

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—1

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12,. 1

1 SO
1 .0 17

exports since Jan. 1 has been
§1,827,132 in 1907, against $2,189,546 in 1906.

1

*

1

2,034

11 .993

rZ

1

.

re

'

,227

13,500

l

1

.

!

0
3

The value of these New York




3
•3

;

3.4 2 4
4,280

7.920
1733

,577

^

»

O

.

zz

1

2

11

O

:

P

7T 3 E?

£
•
Hi

t

■

3 3

“ ~

*

-

O

•

d 3

,

cc

Since
Jan. 1
70
221

400

I

.—

0
3

r-*

.

%0^2
0
—; 0
3,

o’

3

1000

:>2
11

■>

._

<

•-3

points specified in the tables below:

.

follows:

are as

DOMESTIC COTTON GOODS.—The exports of cotton
goods from this port for the week ending Feb. 2 were 13,504
packages, valued at 8(595,823, their destination being to the

Fere York to Feb.
Great Britain
Other European

was

Importations and Warehouse Withdrawals of Dry Goods.
The importations and warehouse withdrawals of dry goods
at this port for the week ending Februar}' 2 1907 and since
Jan. 1 1907, and for the corresponding periods of last year,

,

Since
Jan. 1.

satisfactory business

more

reported in the men’s wear department during the weekv
attending the opening of higher grade fabrics, buyers being
reported as less conservatively inclined. However, the gen¬
eral developments were not especially pleasing, comparative
quiet reigning in the lower grades. Large clothing houses
were buyers on quite an extensive scale of the new lines of
woolens, but the smaller operators still confine themselves
to sample pieces.
In the better-class fabrics stripes are ap¬
parently the favorites and fancy cloths seem most desired.
Some houses report a better business in suitings than over¬
coatings.
Mercerized fabrics find ready buyers in some
lines, but this is not the general story.
Dress goods have
been in fair demand with the trend toward fancy grades.
FOREIGN DRY GOODS.—The imported woolen and
worsted goods situation shows little change.
Silks hold
steady, while ribbons maintain recent advances. Linens are
strong and in limited supply with burlaps steady.

The situation in the cotton

1007

GOODS.—A

WOOLEN

THE DRY GOODS TRADE.
New

well sold ahead.

are

OF NO. 2 MIXED OATS TN CHICAGO.
Sat. Mon. Tues.
Wed.Thurs.
Frl.

DAILY CLOSING PRICES

The

Fri.

Mon.

Sut.

the prices for

Some Southern mills have advanced

ders.

40 q
40 q

47 q
47

47 q
46 q

w

j A* C* DC 05 OR
r

■—*

V> >3*3

I05C 05.Sts

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[

m

C3

I

CS CO CS C3 3
CO -4 CS 3

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1

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.

350

THE CHRONICLE.

1 the six issues of 4% coupon bonds,
aggregating 800,000
described in V. 84, p. 116, were awarded to
Rudolph Kleybolte & Co. of Cincinnati at 100.533 and accrued interest.

MUXICIPAL BOX/) SALES IX JAXUARY.
of

municipal bonds in January were very light,
reaching only 88,777.079, not counting 822,179,500 tem¬
porary loans and 8001,125 disposals of Canadian securities.
Large issues were few, the disposals made by Allegheny
County, Pa., and Chicago Sanitary District, 111., each for
8500,000, being the heaviest for the month, with the ex¬
ception of New York City’s sinking fund takings.
The number of municipalities emitting bonds and the
number of separate issues made during January 1907 were
DM and 108 respectively.
This contrasts with. 105 and 211
for December 1900 and with 120 and 190 for January 1900.
For comparative purposes we add tile following table
showing the aggregate's for January for a series of years:
l’.i. 17
looi)

1005
11)04
1003
1002

_

...

.s .•.,77/,07.): Hi >1
,n,;jo7,.>sj looo
3. 134,1'55

.

.

.

.

_

ISO!)
1 SOS

23,013,.SOI
15,0 4! ,70!); 1807
.10.015,8-15.

_

_

t ),3<i !

1 SO ”,

.2",374,320

isi>5

.

1 SOI
■ 1 SO 3
10,105,7yr,i 1 S!)2

.

.

.

_

_

0,075,057
<S 1 -4 7 ,005

_

_

I

.$(>,507,721'
.lu,532,101
7,072,1047
5,438,577
0,552,000
.

,

.

.

_

.

-

-

Owing to tlie crowded condition of our coltimns, we are
obliged to omit this week the customary table showing the
month’s bond sales in detail.

It will be

given

next

week.

Rond Proposals and Negotiations this
have been

as

wee*

follows:

Albany County (P. 0. Albany), N. Y.—Bond Offcring. —P. Uoviand, County Treasurer, will olfcr for sale
12 m., Feb. 15, t he following bonds:

Win.

$00,000 -1 go rcglMercd
\t*ar;v

on

‘March

1

liie;i»w-i:jiprtj\om:-u_L
March

1

fro.a

ll.ahS

bonds.

.Maturity

HJ27 inclusive ami

to

$1,000
$70,000

1028.

50,000 4% rcyLtci'cd toil-road-purchase bonds.
Maturity 5 1 ,000 yearly
on March 1 from 1008 to 1020 inclusive and 331,000 March 1
1027.

Interest semi-annual.

Alma, Gratiot County, Mich.—Bond Sale. —On Feb. 5 the
810,009 5% 9-13-year (serial) coupon city-improvement
bonds described in V. 84, p. 287, were awarded to Otis A
Ibmgii of Cleveland at 102.075 and accrued interest—a
basis of about-

4.72%.
Andalusia, Covington County, Ala.—Bond Offering.—Proposals will bo received at any time for 815,000 5% gold
coupon school-building bonds.
Authority, election held
Jan. 1-4 1907.
Denomination 81,000.
Date April 1 1907.
Interest semi-annually at the, Hanover National Bank in
Now York City.
Maturity April 1 1987. Bonds are ex¬
empt from’State, county or city taxi's. Official circular
states that there has never been any'default in the payment
of any obligations and that there is no litigation threatened
or pending alFeeting the corporate existence
or the boun¬
daries of said municipality, or the titles of the present, of¬
ficials to their respective offices, or tin* validity of these
bonds.
Bonded debt, including this issue, 825,000.
The
town has no floating debt.
Total assessed valuation for
1900 8000,000.
Actual value (estimated) 81,500,000. T.
E. 1 lenderson is Mayor.
Ardmore, Ind. Ter.—Bond Sale an Old 'One.—The report
published in last week’s “Chronicle” that this city recently
awarded 8120,000 bonds to .Mason, Lewis A Co. of Chicago
came to us direct from one of the local officials.
I pon fur¬
ther investigation, however, wo learn that the sale is not a
new one, having occurred some time ago, the bonds being
those awarded to the above-named Chicago firm in May
1900.
The sale was fully reported in V. 82, p. 1224.
;
Ashland, Ohio.—Bond Offering.—In addition to the 820,000 .V f Walnut Street improvement bonds to be offered
12 m., Feb. 11, proposals will also be received at the same
time and place by the Village Clerk for 89,200 5% \ inc Street
improvement bonds. Authority, Section 2S25 of the Re¬
vised Statutes.
Denomination 8400.
Date Aug. 1 1900.
Interest semi-annual.
Maturity 8 400 each >ix months from
March I 1908 to Sept. 1 1917 inclusive.
Bids must be ac¬
companied by a certified check for 5% of the bonds bid for,
payable to the Village Treasurer. Accrued interest to be
paid by purchaser.
Asotin County (Wash.) School District No. 7.—Bond Sale.
—On Jan. 28 820,000 10-20-year (optional) coupon school¬
building bonds were awarded to the State of Washington
at par for 4s.
Denomination 81.000. Date Jan. 28 1907.
Interest annual.
Bonded debt including this issue, 828,400.
.

Assessed valuation for 1900, 8591,850.

Baltimore, Md.—Bonds Awarded in Port.—Of the 81 .000,:nic/o registered sewer stock maturing Oct. 1 1980 and
ofTered*on Feb. 7, $458,000 were awarded as follows:
000

Richard T Gllnin
John C. Rose

.35,000 *on;ir
|Clarence* R. Tucker. .S52.00() ®t)7.00
1,000 (<7)07.00!Comm’rs of Finance.400,000 <®i)7.rt()

Bids for the entire amount offered were received as fol¬
lows but were rejected:
Hambteton & Co.. Baltimore.91 .fifi IN. W. Harris & Co., N. Y...91.324
Mercantile Trust Co...
91.39a |Wm. A. Read & Co., N. \_-.91.237
See V.




LXXX1V.

Bellefontaine School District, Ohio.—Bond Sale.—On Feb.

SW£ ;M3t> Qity
Sales

[VOL

84, p. 232, for description of

bonds.

The
R.

following bids

received:

were

Kleybolie ic Co., Cine.$09,320 00! Hayden, Miller & Co\, Clev$(lo,077

on

S<;asonti'ood & Mayer, Cine.no,213 25 j:New 1st Nat. Bk., Coluni. no.ooil

On
no
no

Weil,.Roth & Co., Cine— no,229 (>0 Otis & Hou^h, Cleveland, no,042

Breed & Harrison. Cincin. no,1.30 00. K. !!. Rollins & Sons,
CldeuOO.ooo
Western German Bk.. Cine.00,155 00 i James C. Wonders, BelloWm,
R. Compton
!
lontaine
Bond
($2,5oo)„„ ...»
2,5lo
& Mortgage Co., Macon 00,125 oo > Maria IN Scott, Belle Centre

!

(St."00)

1 ,"15 ()()

...

Bellevue, Huron County, Ohio.—Bond Offering.—Proposals
will be received until 12 in.,.-Feb. 19, by George
Libber,
Village Clerk, for 81,168 91 5% Monroe Street improvement
assessnumt bonds.
Authority, ordinance passed Nov. 21
'

1996.

Denomination $110 89.

Date

Dec.

21

1996.

in¬

terest

semi-annually at the office of the Village Treasurer.
Maturity 81 16 SO yearly on Dec. 21 from 1997 to 1916 inclu¬

sive.

--Certified check for 5% of

the amount bid is required.
Bergen, Genessee County, N. Y.—Bond Sale.—On Feb. 1
829.999 registered water bonds were awarded to Isaac \Y.
Sherrill of Poughkeepsie at 100.50 for 4.39s.
Bids were also
received from Lee, Higginson A Co. of Boston, W. J.
Hayes
A Sons of Cleveland. Otis A Hough of Cleveland, O’Connor
A Kaiihr of New York, Union Savings Bank of
Patchogue
and \V._S. AC. E. Ilousel of Bergen’.
Denomination 81.900.
Date Feb. 8 1907.
Interest annually on Aug. 1
Maturity
81.999 yearly on Aug. 1 from 1908 to 1927 inclusive.
These
bonds take the place of the 4D>% bonds offered on Jan. 25,
but which weiv not awarded, they having then been adver¬
tised as 4%% bonds:- instead of having the bidder name the
rate of interest, as required by law.
Bound Brook School District (P. O. Bound Brook), N. J.—
Bond Offering. — Further details are at hand relative-to the
offering on Feb. 13.of the 859,999 4%, coupon school-building
bonds mention of which was made in V. SI, p. 287.
Pro¬
posals'will be received until 8 p. m. on that day by E. II.
Casterlin, District Clerk. Denominations.: ten bonds of
81,990 each and twenty of 82.000 each:
Dale Feb. 1 1997.
Interest semi-annually at the First National Bank in Bound
Brook.
Maturity 81,099 yearly for ton years and 82,900
yearly for the following twenty years.
Caldwell School District, Idaho. —Bond Sole.—This dis¬
trict has awarded 829,990 5% 19-29-year (optional) bonds to
i hi1 Harris Trust
A Sayings Bank of Chicago, which began
.

business this week.

Cameron School District (P. O. Cameron), Marshall
County, W. Va.—Bond Sale.—On Jan. 31 the 835,999 5%
coupon school-building bonds described in V. 84
p. 232,
were a warded, it is stated, to E. II. Rollins A
Sons of Chicago
for 836,98 1 99, the price thus being 192.956.
Cincinnati, Ohio.—Bond Sale.—On Feb. N the 81,990,000
1% 20-40-year (optional) coupon additional water-works
bonds described in % 84, p. 117, wen* awarded to the Union

Savings Bank A Trust Co., German National Bank, Atlas
National

Bank,

Western German

Bank, Kleybolie A Co.
all of Cincinnati, at their joint
a basis of about
3.728% to the
optional date and 3.814% to the full maturity. Cleveland, Ohio.—Bond Sole. — Following are the bids re¬
and Sea.sougood A Mayer,
bid of 193.811—this is on

ceived

on

Feb. 1 for the 849,999 sewer-intersection fund and

$250,909'paving-intersection fund (city’s portion) 4% 17year coupon bonds, a description of which was given in V. 84

,

61:

p.

$250,000
pavinu hones.
$254,442 5"

$4",ono

5"

bonds
$4",7i" so
4o,7"5 ""
-1M.01 1 on
40.000 on
40,550 ""

Hayden, Miller *Sr Co., Cleveland
Emery. Anderson Sc Co., riev'lac.d, and

253,137 50

10,512 50

It. il. Rollins & Sons, (’iiicaao
Vi
4. Raves iVSah, (’Irvekuui
i larre on, Cj neinnali
nre< a
\Y. R.Todd Sc Co.. ('inein.nati
S<*c. Sav. Ban!-: N Tru-i Co., Toledo
Bnuiitoii-Germau Ban’: Co., Ciucio.iatl.

252,775 on

Cleveivul Trust Co., Clevelnnd
oils & 11 o 11 ».r 11. Cleveland
Well, Roth A Co.. Cincinnati
Alla-? National Bank, Cincinnati
-

.

_.

_

Provident Sav. Bank & Trust Co.. Cincinnati..
DcuRou Sc Farnsworth, Cleveland, and,
1
.

,

,

.

.

.

Rudolph Kleybolie 4c Co.. RiueiiM-.-uiWesteni Gerina’i
F. f,. Fidlrr N <'o.. ' * J

,

'mri

3 ,nd

•,»«!’

i

-

-

-

on
oo
no

25;',til 5 no
25 1 ,325 no
25","'Ml 00

_

_

254, mi
253,757
253.75"
253,137

.

sneer

-10,44 I
-lo, i(io
40,4 jo
4o,oon

""

on-

on
(io
40.700 no

40,a31 25
40.555 "(1
40,55" 00
4

o1

oo

Crystal Bay tP. 0. Beaver Bay), Lake County, Minn.—
Bond Offering.
Fmpnsals will lx* .received until 19 a. m.
Feb. 25 by tin* Board of Supervisors at tin* office of William
McLauchlan, Town Clerk, for 812.999 0%, road and bridge
bonds.
Authority Chapter 64. General Laws of 1995.
Denomination 84,999:
Interest annually on March 1.
Maturity 84,999 on March 1 in each of the years 1912, 1917
and 1922.

Denton

County (P. 0. Denton), Tex.—Bond Sale.—This

county has awarded 857,999 4% refunding bonds as follows:
825,999 to Collins Countv for 825,625 (192.59), 822,999 to
J. B. Oldham of Dallas for 822,295 (191.34) and 819.909 to
Denton County.
Denomination $1,999. DateOct. 19 1906.
Interest annually on April 10.
Maturity forty years, sub¬

ject to call after five years.
Dorchester County (P. O. Cambridge), Md.—Bond Offer¬
ing.—Proposals will be received until 12 m. Feb. 26 by the
County Commissioners for 82,999 4%) coupon Cabin Creek
bridge bonds. Authority Chapter 461, Acts of 1996.
De¬
nomination 8509. Date Jan. 1 1907.
Interest semi-annually

in Cambridge.
Maturity $500 yearly from,Jan. 1 1922 to
Jan. 1 1925 inclusive, all bonds being “subject to call be¬
fore maturity.”
Bonds are exempt from county taxes.

inclusive.
ble to the

Certified check for $200, payable to the County Commis¬
sioners, is required.

Lima School District No. 9 (P. O. Lima), Livingston
County, N. Y.—Bond Offering.—Proposals will be received
until 12 in. to-day (Feb. 9) by Thomas Walsh, Sole Trustee,
for $8,000 registered school-building"'bonds.
Authority,
Section 18, Title 7, Consolidated School Law of the State of
New York.
Denomination $500.
Date, day of issue.
Maturity, $500 yearly on Dec. 1. Bonded debt, including
this issue, $30,000.
Assessed valuation $562,000. Interest
payable in Lima. These bonds take the place of the $8,000
school-building bonds awarded on Dec. 29 1906 to the Bank
of Lima, which sale was never consummated, owing to an
irregularity in the first election.

Edmonton, Alberta.—Debenture Offering.—Proposals will
Feb. 18 by Geo. j. Kinnaird, Com¬
missioner, for $815,487 57 debentures.

be received until 12 m.

Edna School District (P. O. Fornfelt), Mo.—Bond Sale.—
On Feb. 1 the $5,100 6% 5-20-year (optional) school-build¬

p. 238, were awarded
Geo. H. Burr & Co. of St. Louis for $5,285, the price thus

ing-purchase bonds described in V. S4,
to

being 103.627.
Erie County (P. O. Buffalo), N. Y.—Bond Offering.—Pro¬
a. m. to-day (Feb. 9) by
Charles J. Fix, County Treasurer, for $250,000 4% armory-

posals will be received until 11

completion bonds. Authority, Chapter 256 and 277, Laws
of 1900, and Chapter 393, Laws of 1904.
Denomination
$25,000.
Date Feb. 1 1907. Interest semi-annually at the
office of the Count}'’ Treasurer.
Maturity $25,000 yearly
on

Feb. 1 from 1912 to 1921 inclusive.

Certified check for

2% of the bonds, payable to the County Treasurer, is re¬
quired.
Fort Frances, Ont.—Debenture Offering.—Proposals will
be received until 6 p. m. Feb. 26 b}r the Chairman of the
Finance Committee for $43,500 4}^% water-works deben¬
Securities

tures.

dated Jan. 1 1907 and are “repayable
Interest annually at the Town Treas¬

are

thirty years.”

in

W. H. Elliott is Town Clerk.

urer’s office.

Gallipolis, Gallia County, Ohio.—Bond Offering.—Pro¬
posals will be received until 12 m., Feb. 19, by Harry Maddy,
City Auditor, for $9,000 4% coupon refunding bonds.
Authority, Section 2701 of the Revised Statutes and resolu¬
tion adopted by the Council Dec. 19 1906.
Denomination
$500.
Date Feb. 25 1907.
Interest semi-annually at City
Treasurer’s office.
Maturity Feb. 25 1917. Bonds are
exempt from State taxes. Each bid must be made on a
blank form furnished by the city and must be accompanied
by a certified check (or cash) for 5% of the bonds bid for.
Purchaser to pay accrued interest.
Glen Ridge School District (P. O. Glen Ridge), Essex
County, N=. J.—Bond Sale.—On Feb. 1 this district awarded
$15,000 4^% 20-year school bonds to the Columbia Trust
Co. of New York City at par and accrued interest.
Denomi¬
nation $1,000.
Date March 1 1907. Interest semi-annual.
Hart, Oceana County, Mich.—Bond Sale.—On Jan. 26
the $400 6% 1-4-year (serial) sewer bonds described in V. 84,
p. 118, were awarded toThe Michigan Trust Co. at par.
Hawkinsville, Pulaski County, Ga.—Bond Offering.—
Proposals will be received until 12 m. March 1 by J. F. Coney,
Chairman of Bond Commission, for the $15,000 5% 29-year
bonds voted on Doc. 5 1906.
Interest payable in Hawkins¬
ville or New York City.
Certified check for 5% of the
amount bid is required.
Homestead, Allegheny County, Pa.—Bond Sale.—On
Feb. 4 the $20,000 4% 80-year coupon water-works-iinprovement bonds described in V. 84. p. 173, were awarded to
Otis it

Hough of Cleveland at 100.18 and accrued interest.
Following are the bids:

Oti< & Hough,

$20,036! A. Kleybolte & Co.. Olncln .$20,000
.uL’0,009
;S. A. Kean, Chicago

Cleveland

.

.

a

Less 2 1 j

.

EFHoosick Falls, Renssellaer County, N.Y.—BondOfjering.—

Proposals will be received until 12

m.

Feb. 20 by F. V. Milk¬

Village Clerk, for $51,000 water-works bonds.

man,

De¬

Interest (rate
nomination $1,000.
Date March 1 1907.
to be stall'd in bids) payable Jan. 1 and July 1 at any bank
named by purchaser.
Maturity $3,000 yearly on July 1
from 1910 to 1926 inclusive.
Certified check for 2% of the
amount

bid, payable to the Village Treasurer, is required.

<:;,;Hyde Park, Norfolk County, Mass.—Purchase of Water
Plant Authorized.—This town has voted to purchase the plant
of the Hyde Park Water Company.
A committee has been
appointed to confer with the company as to the cost of the
plant.
If the result of this conference proves unsatisfactory,
the matter will bo decided by arbitrators to bo appointed by
the Supreme Judicial Court.
iylBond Sale.—On Fob.'5 an issue of $32,500 4% fire-station
bonds

was

100.146.

awarded to Goo. A. Fernald
Co. of Boston at
Denomination $500.
Interest Jan. 1 and July 1.

r Jewell, Jewell County, Kan.—Bond Sale.—This city re¬
cently disposed of $2,000 electric-light bonds to local citizens.
?F?Jones County (P. O. Ellisville), Miss.—Bond Sale.—On
Feb.

4

the $120,000

5% 6-25-vear (serial) coupon court¬

house-building bonds described in V. 84. p. 233, were
awarded, it is stated, to the Robinson-IIumphroy Co. of
Atlanta at 105.55.

-

*

Kiron, Crawford County, Iowa.—Bond Sale.—This town
has awarded $5,000 6% 10-vear water-works bonds dated
Jan. 1 1907

tion $1,000.

to

the Kiron State Bank of Kiron.

for

bonds.
Date

$5,190 42

Linn County School District No. 42 (P. O. La Cygne),
Kan.—Bond Sale.—We are advised that the $10,000 coupon
school-building bonds offered but not awarded on Nov. 1 1906

(V. 83, p. 1308) have been sold to the State of Kansas at
for 5s.

par

Livingston County (P. O. Chillicothe), Mo .—Bond Sale.—

On Feb. 4 the $10,720 6% coupon drainage-ditch bonds of¬
fered on that day (V. 84, p. 288) were awarded to Geo. H.
Burr & Co. of St. Louis for $10,745, the price thus being
100.233.
Interest Jan. 1 and July 1.
Maturity on Jan. 1
as follows: $2,500 in 1909, $2,000 in 1910,
$2,000 in 1911,

$2,000 in 1912 and $2,220 in 1913.

McHenry County (P. O. Towner), N. D.— Bond Sale.—

On Jan. 29 the $50,000 4J^% 20-year coupon court-house
bonds dated March 1 1907, offered on Jan. 9 (V. 83, p. 1428),
were awarded to the State of North Dakota at 106.7953.

Mahnomen County (P. O. Mahnomen), Minn.—Bond
Offering.—Further details are at hand relative to the offer¬
ing on Feb. 12 of the $10,000 funding bonds mentioned in
V. 84, p. 288.
Proposals will be received until 12 m. on that
day by the Board of County Commissioners. Interest (not
to exceed 5%) payable annually.
Maturity ten years. Cer¬
tified check for 2^5% required.
Henry Birkett is Chairman
of the Board of County Commissioners.
Mamaroneck Union Free School District No. 1 (P. O.
Mamaroneck), N. Y.—Bids Rejected.—All bids received on
Feb. 5 for the $41,000 4% registered school-house-addition
bonds described in V. 84, p. 288, were rejected.
Mount Pleasant, Isabella County, Mich.—Bond Sale.—
This city recently awarded the $20,000 4% 1-20-year (serial)
water-improvement bonds offered but not sold on Dec. 17
1906 (V. 84, p. 289) to the
Bumpus Stevens Co. of Detroit
at par.
Denomination $1,000. Date March 1 1907. In¬
terest semi-annual.

Mount

Vernon, Westchester County, N. Y.—Bonds Not
was made on Feb. 5 of the $80,000 4% re¬
funding bonds described in V. 84, p. 234.
Sold.—No award

Newport, R. I.—Temporary Loan.—On Feb. 4 this city

borrowed $20,000 from Jose, Parker & .Co. of Boston at

4.87% discount plus

Denomination $900, except one bond for
12 1907.r’:Interest annual.
Maturity

Jan.’12^1908]|andi$900jyearly

on

$690 42

Jan.-jl2 from 1909 to 1913

Loan matures

New York City.—Bond. Award.—The aggregate of the bids
received Feb. 1 for tho $30,000,000 4% corporate stock was

$38,569,535.

The award was not made until Monday the
4th and was as follows: The $26,000,000 4% corporate
stock due 1956 was all disposed of at an average price of
100.34—a basis of about 3.98%; of the $1,500,000 4% cor¬
porate' stock due 1926., only $511,000
age

price being 100.23,

or

average

price of 100.03,

was

awarded, the

aver¬

3.98% basis; of the $2,500,000 4%

assessment bonds due' 1916,

$1,075,000

or

awarded at

was

3.997% basis.

I '--i

an

Owing to the
stock, $989,000

few bids made for the short-time bonds and
due 1926 and $1 ,425,000 due 1916 remain unsold.
cessful bidders were as follows:

The

suc¬

$20,000 000 Stock Due 1956.
Glen Cove Hunk
$10,000.. 105.02
All ti C. Clark, Wash..
5,000..105
Win. H. S iver. Warwick
;00
10:;

F. J. 1{. Clarke, I’res.]
National Ulste rCo. !■

MKs II. P. Glenn.Bklyn.
Forrest Glenn, Bklyn._

Toliey

2 0 0
103
10 )0 .105
] $2.000.. 102
2.000..101.S75
!
|
2 000.’ 101.75

!
2 000.. 101.025
Max Erlnrigor, X. Y .4.000. 101.50
!
2 000. 10.1.375

!
!
J

2.00 ..101.25
2 000.. 101.125
2.000 .101

Louis Webb. Cambridge 10 000. .102
A. Horn. Brooklyn
10._ 102

Harry Horn. Brooklyn.
Island

Loan

20.

102

,fc] 50.000. 101 .SO
Trust Co.. Bklyn... <• 50.000.. 101.36
J 50.000.. 100.96

Lon?

_

Adolf Volcker. Bklyn.-

2 000 .101.50

Fred Graff

2,000.. 101.50

1

J
2.000. .101
1 50,000..101.512
l

I

$690 42.

10 cents premium.

Aug. 15 1907.

Denomina¬

5% Chestnut Street paving assessment

Jan.




2% of the bonds bid for, paya¬
City Treasurer, is required. Accrued interest to
paid by purchaser.

Interest semi-annual.

Lancaster, Fairfield County, Ohio.— Bond Offering.—Pro¬
posals .will be received until 12 m. Feb. 23 by the City Audi¬
tor

be

Certified check for

I

Simon
Xew

Borg
York

*

50.000..101.396
50.000..101.265
50 000.. 101.131

I 50.090.. 101 011
Co.,! 50.000.. 100.8*
H 25.000.. 100.791
| 50.090.-100.631

Kingston... J

Bank,

&

Kirk. New] 20.000.. 101.625

York

/ 50.000 .100.S75

1
!
Henry
New

500..100.25
300.. 100.50

MacDonald,

j

300..100.75

York

]

300.. 101
300..101.25
300..101.50

I
|

1100,000. .101.4)5
Emigrant Saw Bank,1100,000.. 100.945
New York
!• 100.000.. 100.S65
1100,000.. 100.815
j 100,000. 100.765
.

Kings
County
Co., Brooklyn

Trust

2,50,000.-101

Nelson Raymond
Heater. New York.. 10.000..101
Cortland Saw Bank
50.000 ..101.09

Markay

& Co.,

York

New]250,000.. 100.10
1206.470--100.55

Mechanics’ National
Bank. N. Y
Amsterdam Saw Bk
Groton Saw Bank,

25.000..101
..

I 50.000.. 100.522

1100.000.. 100.264
J100.000-.100.136

Fred’k Horn Jr., B’lyn.
Wm. J. Gray, Albany..

..

Bloomsbunr

50.000..101.10

5,000.. 101

Mystic
George Horn. Bklyn
F. Lester Brant, Oweeo
Nat.
Bank,
Farmers’

j 100,060--100.393

5,000.. 101.40
5.000.. 100.so

500.. 101
1,000.. 101

16,000.. 101
1,000. .101.
4.000..I01

1

Onaonta, Otsego County, N. Y.—Bond

$20.000.000 Stock I)uc 1950.

/ 50.000.. 100.374

.

.

loo.ss
Cyrus J. Lawrence AI 10,000
Soils, Sew Y'ork.-.}. 10.000
100.70
J 10,000.. 100,00
Wadsworth * Wright,\
New York

Bank,

_

,

.100.50

25.01/0-. 100.31
25.900-. 100.20

300.000.. 100.7.x
300,000 .100.53

300.000 -iOO.27
300.000

.

..

A.B.LeaelutCo. .X .Y

25.000

101

25.000

100.00

100.000.
100,000.

100.7x
100.05

Cranford.

Brooklyn

100. Hi

...

000,009.-J00.0X

.

Walter V.

.

Ilerzfekl <t Stern' N.Y'. 25.000.
Riehm’d Ins. Co;, .N.Y. 50,000.

Benedict, Drysdalo
Co., Xew Y'ork

-

50,000.. 100.51

I
!

50.000.. 100.50
100.39
190.20

|

50.000.-100.23

;

50,000.. 100.17
50.000.. 100.09

Kountze Bros..N.Yr. 1.000,000.. 100 31
Lilt hey
* Strut hers,
Xew
York
50,000.. 100.50

&

Pfael/.er

1500.000. 100.50
.

W. Walker A Co.,- 25.000-.100.025
Xew York
•
25.000._ 100.50
j 25.000.. 100.375

500.0. :0--i(;0. :.o
590 909_ _1( 0.25

.

..

Barbour & Co., N. Y-';

.100.025
50.000 .100.50
0.000

j

C.OO.ODO-. lf.0.20

Harvey Fisk A Sons. '.00.900 .1(0.15
()().( 00.. let).12
5,00 900. 190.10
.500 0 :()... If 0 Ox
500 0 0. .190 002
5.000. .100.75

York

Xew

.

]150.000.. 100.00
150.000
150.000

loo.43
,-150,000.. 100.37
1

150.000. 100.29
200,090. .100.25

.

,

Oswcgocity Savs. Bk_. 10.000.

25.000 .100.025

..

;

BliKlget. Merritt &
Co.. Xew Y'ork
,

50 000
50.000
50.000

100.04
100.39
100-2.S

50,000

100.17

Resell.
Co..

.

R.

.100.125

M.

..

190.lx

590 00)
209.500.

100.12
100.00

^Bank,

Miss (trace Miller,
New York. '

j

2 090.
000

2

2.000 .109.37

'

.100.5.0
.100.25
5.090 .190.15
10 090 .190.07

I

100.090- .100.151
100.000. .100.091
1

20.009.

Milt

100.492
.

.

100.25

190.15

100.23
100.13

A Co.250,000.
250,000.

1 1907 without grace.
Prague, Neb.—Bond Sale.—On Feb. 1

will mature Oct.
,

Edmund Seymour A' 70,000. 1J0.07
Co.. Xew York
5,2.000.-100.13
Columbia Tr. Co.. X’.Y'. 100.090
100.097
5.9f)0. .1(0.11
Win. H. Judson, X. YV
5.000.. 190.072
II. C. Kreider. West

1 20 000
100.75
i 40.090. 100.03
00.000--100.50
SO .000.

All. Tr. Crr., X. Y. 50.000

Hamilton Tr. Co.. Bk 200.000. 100.125
Coal A Iron Nat Bk.XY’l90 090.. 190.15
Asiol A Co.. Xew Y'ork 500.009 .190.13

20.090
100.202
20.000. P 0.152
109.072
20 000
,>.000.. 100.132
3.000. .100.512

'

.

Wm. Salomon
Xew Y’ork.

; 20.0o0. 109. 102
II. M. Each20,000.. 100.312
enbrueh, X. Y
;• 20.000.. 100.2t 2

Morton

•

100 39

25.000.

;

...

...

.

100.53

.

25,000

Boston..

20.000.. 100.5X2

1

Fisher,

r

200,000-.190.13
Sternberger, Sinn A Co.,
Xew York
5,0.090 .190.125
Hoboken

100.3S

100.000-. 109.20
200.009
100.13

..

.

$511,090 Stock Due 1920.

Timothy 1\ MeMenaniin.
Philadelphia
§1.0(0.-102
Ernest Klinke, Hoboken it).090.. ] 01.25
.

.

.

' 190 090..190.31

i

j Emigrant Industrial
I

Savings Bank.

190 0" 0.. 1C0.26
100 0 0-.if0.21

.

inooro..RO.in
190 ( 00--1! 0.11

1

20.000

Yonkers Savings Bank

J

A full list of

20 000

1(0.10
100.OX

20.000 .100.07

53 000..190 075
15.090.. j oo.on

R. P. Jackson, X. Y'
900 Of ()_ H O 93
Arhuekle Bros
25 090..
par
Nation-’! Park Bank
B. II. Ehrl eb. X. Y'_. .320.000-.
par
..

.

_

.

.

the bids received'was given last week

page 287.
—Bond

Issues.—During th<* month of January
lowing issues of corporate stock were purchased
sinking fund as an investment:
Building, Bryant Park

.

_

municipal purposes.

Assessment bonds

_

.
_

bonds—current
bonds—current
bonds—current
bonds—current
bonds—current

.

Revenue
Revenue
Revenue

bonds—special
bonds—special
bonds—special

Total revenue bonds..

expenses..
expenses.
expenses.
expenses.
expenses.

(On or
1 Nov. 1

3

In addition to the above stock,
bonds" (temporary securities) were
Revenue
Revenue
Revenue
Revenue
Revenue

1950
1959,
1959,

3
3
3

supply.

For various

Maturity.

I jit. Date.

Purpose—
Water

hit.
__4
.4
4

on

the fol¬

by the
.

\ mount.

$400,non
50,000
i .not»

after! 750,000
1907 \

the following “revenue

issued:

County Commissioners for

Wolf Pit Township road bonds.
H. S. Ledbetter is Chairman of the
missioijois.

810,000 0% 30-year

Interest semi-annual.
Board of County Com-

Rochester, N. Y.—Temporary Loan.—This
awarded $20,000 park-improvement notes to

County Savings Bank of

Rochester at 5.24%.

7s %
5°;,
..5 4%

2,000.000
1 1 ,489,500
1,850,000

4%
--4*a%
5%

$250,000
123,500
894,000

the Monroe
Loan matures

Rowlesburg, Preston County, W. Va.—Bond Offering.—
Proposals will be received until 12 m. Feb. 11 by H. R. Hol¬
lis, Town Recorder, for $12,000 5% coupon 'electric-light,
bonds.
Authority, (‘lection held Jan. 5. Denomination
$100.
Interest annually on Nov. 1 at the Bank of Rowles¬
burg.
Maturity “on or before thirty years.” A deposit
of 5% of the bonds bid for will be required <>f the successful
bidder.
St. Clair Heights, Wayne County, Mich.—Bond Offering.
—Proposals will be'received until 8 p. m., Feb. 23, by
Charles Limberger, Yillage Clerk, for the following bonds:
$8,417 80 f>% 1-4-year (serial) lateral-sewer bonds.
Denomination $2,104 45.
4,191 00 6% 1-4-year (serial) lateral-sewer bonds.
Denomination $1,•

047 75.

St. Louis,

Mo.—BondOffering.—Proposals will be received
18, by Rolla Wells, Mayor, for $3,000,000

until 12 m., March
$18,291 ,500

.

city recently

bonds Feb. 15 1907.
Date
Interest semi-annual.
Certified cheek for 10% of the amount bid required.

1.29)7,500

.$19,559,000

Olds, Alberta.—Debenture Offering.—Proposals will be re¬
ceived until 8 ]>. m. Feb. 22 by R. Bowman Campbell, Sec¬
retary-Treasurer, for $9,000 5% debentures. Interest an¬
nually at the Merchants’ Bank of Canada at Olds. Maturity
part yearly for twenty years beginning July 15 1907.




the Board of

of

lietc.
Amount.
«.-i
$2,GOO,000
•R %
352,000
-

..

$2,500 0% 10-20-

(optional) water-extension bonds were awarded to
Denomination $500. Date
Robert B. Beer at 100.60.
Feb. 1 1907.
Ini ('rest semi-annual.
Richmond Cdunty (P. O. Rockingham), No. Caro.—Bond
Offering.—-Proposals will lx* received until 12 m. March 4 by

year

in four months.

$1.075.000 Asscssm lit Howls Due 191G.
Broadway Trust (’o
Elizabeth Berner, X'.Y’ S2.000-.100.12.

00

49,122 50
49,101 25
49,055 00
Porter School District, Ind. Ter.—Bond Sale.—We are
advised that the $7,500 6% bonds recently approved by the
Secretary of the Interior (V. S3, p. 1007) have been awarded
to Mr. Edwards of Oklahoma City at par.
Maturity 1926,
subject to call after 1910.
Portland, Me."—.Vote Offering.
Proposals will bo received
until 11:30 p. m. Feb. 12 for the discount of 8150.000 notes
to bo issued in anticipation of the collection of taxes.
Notes

5.000

25.000.

; Crocker A-

Emery. Anderson A Co.,
Cleveland
$19,245

Co.. Ci»»
49,533 (M)'A. Kleyliolte A Co., Cln
Seasongood A Mayer, Cln. 49,475 OO'E. M. Campbell A Co.,Ind
Weil, Roth A Co. Cinein. 49,325 oo i Stale Bank of Valparaiso.

5.000

Henrv J. Dorr. Boston 1

the* bids:

are

R. Kleybohe A

190.(2
H0.50

.

;

59.000 .100.331
100 090.. 100.271
100.000.-100 211

I

Moffat it White, X.

Following

Farmer;;’ Nat. Bk., Valp’o $49,455 oo
Breed A HarrKon. Clneln. 49,555 551

.100.50
2.000-_ 190. >7
2 000. 1 f 0.7.5

...

200,000.. 100.39
•200.090. .100.29

) 72,000.-100.50
1 50.090 .100.391

100.27
100.11

.

15.000
1

200,0 XL. 100.09
Coldinan. S tells it Co., 290 090.. 100.59
Xew York
>200 000.. 100. it:

Schafer Bros., X.

500 9(0

...J 50.000.

.

Savings
Pateliog1!*'

:

190.2.75
!90.25

A Co.,1 50,000.

Crant

Cnion

Steinhardt, N.Y. 20.000.. 100.75

10] .25

.

100 000.
100.000.

A

500 000. .100.30
A- Co..:500 0: 0. 1( 0.24

New' Y'ork..

I 190.000.-100.25

A. M.

Kinnicutt
Xew York

Win. A. Read
Xew Y'ork

;100.009-.100.025
Thomas Denny it Co., loo.ooo
10t».;,0
Xew York
-100.000. .100.375
100.090

50 090--100.499

Rev. John W. Green¬
wood. Oshkush, Wis.
2.900. 100.5.0
Redmond it Co.. X. YM00 090.. 100.50
_

Curtis,; 10,000.. 100.50
j 10,000.. 100.25

Potter A Co., X. Y

Co.,

Lee. Iligginson it
Boston

150.000. .100.34

;

Tints.
E. II.
Xew York

.100.50
100.47

Co.,: 150.000

Trust
Bankers’
Xew York

Wash.—Bond Election.—
passed an ordinance pro¬
viding for a special election Feb. 15 to vote on the question
of issuing $80,000 water-system extension bonds. Port Clinton, Ottawa County, Ohio.—Bond Offering.—
Proposals will bo received until 12m., March 4, by J. J. Huber
Village Clerk, for the $8,200 5% 1-10-year (serial) coupon
Adams Street improvement assessment bonds mentioned in
V. 83, p. 1135.
Authority, Sections 1530-281 of the Revised
Statutes and'Section 95 of the Municipal Code.
Denomi¬
nation $820.
Date March 1 1907.
Interest semi-annual.
A deposit of money or certified check for $300, payable to
the Village Treasurer, is required with oarh bid.
Purchaser
to pay accrued interest.
Porter County (P. O. Valparaiso), Ind.—Bond Sale.—On
Feb. 4 the $ 19,000 4\A(,\ coupon township gravel-road bonds
described in V. 84, p. 289, were awarded to the Farmers'
National Bank of Valparaiso at 100.928 and accrued interest.

.190.22

200.009

50,050

5-12-year

the Common Council.
Port Angeles, Clallam County,
The City Council, it is stated, has

100.55

Now (100,000.

Co.,

York

] 25,000... 100.75
G.

.

350.900. .190.20

Grannis A Lawrence,| 50.090 .100.30
Xew York
50.000.. 100.3L
,•

;

<t

100.13

50.000

$4,000

6

100.00
100-3S

Co..'350.009.
>350.000.

Bros,
it
Xew Y’ork

Blake

5.000 .100.075

50,000

Perry and Castile (Towns) Union Free School District No.
(P. 6. Perry), Wyoming County, N. Y.—Bond Sale.—On
Jan. 29 the $50,000 school-building bonds described in V. 84,
p. 235, were awarded to N. W. Harris A Co. of New York
City at 100.074 for 4<4s.
Peru, Clinton County, Ind.—Bond Sale Xot Consummated.
—We tire advised that the sale of the $25,000 4% refunding
bonds recently awarded to MacDonald, McCoy A Co. of
'Chicago (Y. 84, p. 120), was never consummated, owing to
an error in tin.1 ordinance'.
A new ordinance providing for
the issuance of $25,000 3%% refunding bonds is now before

.*100.279

.100.179
1090000 -1( 0.079

Stephens A Co., ioo.000. 100.53
100.000 .100.10
New York
; loo.ooo
100.2s

Peyser,X.Y.

500 090

.

50,000

bonds.

500.(.00

T. W.

Horace F.

Byrne, Boston 35,000.-100,70
1500.000.. 100.479
,500.090. ICO.379

James E.

50,055
—

(serial) refunding bonds dated
Jan. 1 1907, offered on the same day, were awarded to The
Order of the Golden Seal at Roxbury at par for 4% coupon
The

"

25.000, -100.21

J

-300.000.. 100.30

It. L. 1 ):IV it Co..
New York.

$50,025

Leach &Co., Xew Y'ork (for-1.15>s)
Otis & Hough, Cleveland (for 4.20s)
Order of the Golden Seal, Roxbury (for 4.25s)
1). F. Keyes, Oneonta (for 4.30s)...
Rhoades A Co., New Y'ork (for 4.375s)
A. 11.

.

25,000. 100.VO
Dist.
Savs. | 25,000-. 100.70
Brooklyn
25,000
100.00
25.000

ing are the bids:

1 10,000.. 100.025
J 20,000.. 100.49
i 25,000 .100.50
I 25.000-. 100.51
25.000. 100.40
Dominick & Dominick
25.000. -100.41
25000-.. 100.30
Xew York.

Stout it Co., X. Y'

5,000 _lol
5.000 .100.75

1

100.50

E. Riv. Sav. Inst.,N'.Y.750.000-_

_

Sale.—On Feb. 5

the $50,000 5-29-year (serial) building bonds dated Aug. l
"1900 and described in Y. 84, p. 235, were, awarded to A. B.
Leach A Co. of New York City at 100.05 for 4.15s.
Follow¬

Lawrence
Barman
<t
Co., Xew York
..$ 100,000.. 100.525
James E. Ilaydock.X.Y. 10.000.-100.50

\$50,000 .100.025

Trust

Washington
Co.. X. Y

Eastern

[Tol. lxxxiv.

THE CHRONICLE. 1

35-2

bonds

as

follows:

$350,000 3.6525 gold coupon hospital bonds.
450,000 3.65% gold coupon Insane-asylum bonds.
130,000 3.65% gold coupon llre-department (engine bouses and
700,000 3.65% gold coupon courts. Police Headquarters and Health
partment Headquarters bonds.
250,000 3.65% gold coupon bridge and viaduct bonds.
250,000 3.65% gold coupon King’s Highway Boulevard bonds.
400,000 3.65% gold coupon publlc-sewcr bonds.
470,000 3.65% gold coupon public-park bonds.

lots)bonds
De¬

Denomination $1,000.

Date April 1 1907.

annually in United States gold at the

Interest semi¬

National Bank of Com-

Feb. 9

353

THE CHRONICLE.

1907.]

p. 1371) will be put on the market in the near future.
De¬
in New York City', or in pounds sterling at the National j nomination $1,000. Interest payable in Santa Rosa.
Bank of Scotland, Ltd., London, England, at the rate of j Bonds are exempt from all taxation.
South Omaha, Douglas County, Neb.—Bond Sale.—This
$4 8665 per pound sterling.
Maturity twenty years. Each
recently awarded 825,000 5%, street-improvement bonds
city
bid must be made on a blank form furnished by the city and
to the Security Savings Bank dc Trust Co. of Toledo.
must be accompanied by a cashier’s or certified check for
Springfield, Mass.—Bond Sale.—On Jan. 31 this city
5% of the bonds bid for, payable to the City Comptroller. awarded $270,000 4% gold coupon or registered water bonds
Opinion of Dillon & Hubbard of New York City as to the to R. L. Day ck Co. of Boston and Merrill, Oldham & Co. of
validity of the bonds will be furnished to successful bidder.
Boston on a 3.78% interest basis.
Securities are dated
1
1907.
Interest semi-annual.
Maturity 810.000
The official notice of this bond offering will be found evmong Jan.
yearly
on
Jan.
1
from
to
1936
1910
inclusive.
the ailrcrlisements in this Department next week.
Stryker, Williams County, Ohio.—Bond Offering.—-Pro¬
St. Mary’s, Auglaize County, Ohio.—Bond Sale.—On
posals
will be received until 12 m., March 4. by John A.
Feb. 2 the following bids were* received for the $50,000 4%
Leavy, Village Clerk, for $1,500 4 Id % electric-light-improve¬
30-year sewage-disposal-plant bonds dated Dec. 1 1906 and ment bonds. Authority, Section 2835 of the Revised Stat¬
described in V. 84, p. 236:
utes.
Denomination $500.
Date Feb. 1 1907. Interest
Emery.
Anderson & Co.,
West. Germ’n Hk., Cinch*. .n$5],151
Cleveland (less $750)
pa>‘
Aug.
1 1923. Certified check for
semi-annual.
Maturity
R. kleybnhe & Co.. Cincin.. n5(*,(;35
Hath
if: Co.. Cin¬
<U»<> ,<>!».“> Weil.
Otis & I lough, Clev eland
cinnati (less $700i.
par
5% of the bonds bid for, payable to the Village Treasurer,
\\\ H. Todd & Co.. Cincin.. o50,0(>0;
Xew First National Bank,
is required.
MaoDoiiak!, McCoy & Co.,
Accrued interest to bo paid by purchaser.
Columbus (less $500)
par
Chicago
(100;
Terre Haute, Ind.—Bond Offering.—Proposals will be re¬
And interest.
ceived until 4 ]). m. Feb. 11 by Chas. R. Puffin, City Comp¬
St. Mary’s, Ont.—Debenture Ojferine/.—Proposals will lie troller, for the following bonds:
$7,548 74 North Seventh Street Improvement bonds.
received until 6 p. in., Fob. 11. by L. Harstone, Town Clerk,
1,952 05 Fourth Avenue improvement bonds.
for the following debentures:
(545 21 South Ninth Street Improvement bonds.
$13,972 45 4% water works and electric-light works extension debentures,
Successful bidder to pay accrued interest and furnish
maturing: part yearly from 1907 to 1024 Inclusive.
bonds
free of cost to the city.
9,004 17 4% permanent .walks and road debentures, maturing part yearly
from 1907 to 1925 Inclusive.
Toledo, Ohio.—Award Postponed.—No award was made
Interest annually on Dec. 15.
on Feb. 6 of the 8103,793 77 5% coupon sewer-assessment
Salem, Mass.—Temporary Loan. — On Feb. 5 a loan of bonds described in V. 84, p. 122, action on bids being post¬
$60,000 was negotiated with the Worcester North Institution poned until Friday night, Feb. 8.
for Savings of Fitchburg at 4.70% discount.
Loan matures
Trumbull County,(Ohio) Road District No. 1.—Bands Xot

xnerce

„

_

...

.

a

Oct. 7.

NEW LOANS.

#300,000

TGWN OF WEST NEW YORK
Hudson County.
4M6

N. J

,

Refunding Bonds
Council

Sealed proposals will be received by the
of the Town of West New York, in the County of
Hudson, at the 'town Hall, Bergenline Avenue,
south of Seventeenth Street, in said town, on
TUESDAY, THE NINETEENTH DAY OF FEB¬
RUARY, 1907, AT EIGHT O’CLOCK P. M.,
for the purchase of an issue of Two
Thousand ($200,000)
Dollars in bonds of said

Hundred

town, to

authority of the Act of

be issued under

of New Jersey entitled “An Act
the incorporated
Cities, Towns,
Townships and Boroughs of tlds State to fund
their floating Indebtedness and their matured
the Legislature

authorizing

March 23rd,
the Laws of
for that pur¬
adopted by tlie Town Council of said town

maturing bonds,” approved
1899, as amended by Chapter 3 of
1901, and by virtue of an ordinance

and

pose
on

February 5th, 1907.

Said bonds are to be issued for the purpose of
raising money to pay and redeem improvement

certificates issued by said town which have ma¬
tured and remain due and unpaid; will be in de¬
nomination of one thousand dollars each, dated
May 1st, 1907, and become due and payable
thirty years thereafter; will bear interest at the
rate of four and one-half per cent per annum,

payable semi-annually and may

be either regis¬

tered or coupon.
The bonds will be delivered May 1st, 1907, at
the office of the Town Treasurer, on payment of
the purchase price.
Each proposal must
ac¬
companied by a deposit of Five Thousand
either in money or a cert I lied cheek on some re¬

Offering.—We art* advised that the bids re¬
$74,000 5% coupon improvement
described in V. 84, p. 121, were rejected. Proposals
again asked for these securities and will be received

Sold.—Bond

Seguin, Guadalupe County, Tex.—Bond Eleetion.—The
City Council lias ordered an election for Feb. 12 to vote on
the question of issuing SO.000 4% 5-40-year (optional) cityhall and tire-station bonds.
Sonoma County (P. O. Santa Rosa), Cal.—Bonds to be
Offered Shortly.—We are advised that the $280,000 4%
gold coupon courtrhouse bonds voted on Nov. 0 1000 (V. 83,

ceived
bonds
art*

Feb. 5 for the

on

until March 9.

Turlock Union High School District, Stanislaus
Cal.—Maturity of Bonds.—We are advised that the

NEW LOANS.

NEW LOANS.

#100,000

#35,000

so

to do.

Council.

By order of the Town

JAMES L.

WOLFE.

Greenwich, Conn,, City of Stamford, Conn.

Town of

High School 4%

proposals will be received by the City'
William N, Travis, of the City of
Stamford, Connecticut, until 12 o’clock M., on
Sealed

The Green¬
said
FEBRUARY
4%
coupon
bonds, denomination $500, payable
July 1st, 1935. interest payable January 1st and
July 1st in eaeli year, issued by the Town of
Greenwich pursuant to a Special Act of the.
General Assembly of the State of Connecticut.
Bids will be received for all or any part of 1 he
lot not less than $10,000 in amount.
A certified check, if bid is for entire
lot. of
$1,000, if bid is for less than entire lot, of 1 % of
principal of bonds bid for, payable to the order
of the Treasurer of the Town of Greenwich, to
accompany all bids, and to be forfeited In ease
of failure of purchaser to comply with ids bid.
Purchasers to pay in addition to bid accrued
interest.
Bonds to be paid for and delivered at said

Sealed proposals will be received at
wich Trust, Loan & Deposit Company, in
Greenwich, until 12 o'clock noon,
15TII, 1907, for the purchase of $100,Odd

Treasurer,

the 20TH DAY OF FEBRUARY. 1907.
Bonds, are of $1,000 denomination and
interest at the rate of 4'*;. per annum,

25th. 1907.

Company on February

reserved to reject any and all bids.
bids to The Greenwich Trust, Loan
& Deposit Company, and endorse plainly on the
envelope the words, “Bid for High School Bonds.
Further Information given by said Company
upon application.
Dated Greenwich, Connecticut, January 4<5th,
The right is
Address all

1907.
SILAS D. HITCH.
J. ALBERT LOCKWOOD,

CHARLES F. ADAMS.

) Selectmen

semi-annually at the
ford, Conn,, and will mature in

COMPANY,

No bid

will bo considered for less than par.
right to reject any and all bids.
WILLIAM N. TRAVIS. City Treasurer.

City reserves
*

Mac Donald, McCoy
MUNICIPAL

BANKERS,
M em . era

BONDS
43

(New York Stock Exchange,

j

stock Sxchange.

FOR

Exehamge Place,
New York.




INYESTHENT
Building,
Philadelphia.

Drexel

AND

CORPORATION

Street, Chicago.

BONDS.

request.

LIST ON

BOSTON

CLEVELAND and

PHILADEL PHIA

Blodget, Merritt & Co

APPLICATION.

Mercantile Library Building,
CITWCtfNN ATI.

Specialists in New Jersey

Boston.

STREET. NEW YORK..

RAILROAD BONIW4

BONDS £|tthhoSrt COUPONS
borders,

ly printed from type.

orUthograpbed, or part¬

If the latter, then can be

DELIVERED IN FEW
Certificates engraved

DAYS

In best manner, or partly

lithographed and partly printed

ALBEBT B. KIN 0 & CO., 206 Broadway, N. T.

Securities.

eisele & Kind,

,

BANKERS,

with steel-plate

RAILROAD

Farnsworth, SEASONGOOD & MAYER

Denison &

STATE CITY ft

& Co,,

BONDS.

INVESTMENT BONDS

SO NASSAU

thirty years.

accompanied by certi¬
of
Stamford. Bids
in the City
M.

All proposals must be
a
fied check
to the amount of 2"T> of the sum
the bid, payable to the City of
will be opened by the City Treasurer
Hall on the 26th day of February,.1907, at 12

MUNICIPAL AND
Lists upon

bear

payable
Treasurer’s office in Stam¬

181 La Salle

of

f the Town of
J Greenwich.

16 Congress Street,

&

BONDS.

4% REFUNDING

Bonds.

BANKERS,

Town Clerk.

ERVIN

$25,500

«

be
Dollars,

sponsible bank or trust company, drawn to the
order of the Treasurer of tlie Town of West New
York.
The deposit of the successful bidder will
be treated as a payment on account, or in case
he shall fail or neglect to take the bonds at the
date of delivery as above stated, will be retained
by the Town Council and be applied to the cost
and expense of re-advertising and to any deficiency
of price that may arise on a re-sale of the bonds.
No conditional bid will be received.
All bids
that do not comply with the terms stated herein
will.be considered informal and will be rejected
and the Council reserves t he right to reject any
and all bids if deemed for the Interests of the town

County,

Members of New York and Philadelphia
Stock Exchangee.

757-739 Broad St.
NEWARK.

Private Wires to
M.Y. and Philadelphia.

Eatabllehed 1885.

H. C.

Speer & Sons Co.

First Nat Bank
CITY

COUNTY

Building, Chicago
DfNKI r\Q

AND TOWNSHIP

354

THE CHRONICLE-

5% high-s\*h >:>l binds award id to tlrt Win. R. Staats Co.
of Pasadena on Jan. 10 (V. XI, p. 207) inalun; 81,700 yearly
on

Jan. 15 from 1912 to 1920 inclusive and not from 1913 to
as first reported.

Tyadall Sshool District (P. O. Tyndall), Bonhomme
County, S. D. —Bond* Voted—Bond Offering.—This district
on Jan.
30 authorized the issuance of 81.5,000 .5% schoolbuilding bonds bv a vote of 91 to 13. Maturity 85,000 in
fifteen years and 810,099 in twenty years.
Proposals for
these securities will be received at any time. '
Union County (P. O. New Albany), Miss.—Bond Sale.—
This county has awarded the 84,500 G% Kings Creek Swamp
1

bonds,mention of which

was

is Town Clerk.

White Plains, N. Y.—Bond
received until 8 p. m. Feb.
John J. Brown, President, for

made in

W. P. Wiseman of New Albany.
Vancouver, B. C.—■Debenture Sale.—-On Jan. 17 the
$315,825 30 4% coupon debentures described in V. 83,
p. 1552, were awarded to J. F. Helliwell of Vancouver at
95.07 and accrued interest.

Bids

were

Laws of 1896.

also received from

of the amount bid is

5%

required.

White Plains Union Free School District No. 1 (P. o.
White Plains, Westchester County), N. Y.—Bonds Not Sold
—Bond Offering.—No award was made on Jan. 29 of the

Washington Courthouse, Fayette County, Ohio.—Bond
Sale.—On Feb. 2 the $6,500 4% 1-13-year (serial) coupon
city-hall bonds a description of which was given in V. 84,
p. 122, were awarded to the Commercial Bank of Washington
Courthouse for $6,595 95, the price thus being 101.476—a
basis of about 3.759%.
There were ten bids received.
Wayne County (P. O. Wooster), Ohio.—Bond Sale.—On
Feb. 1 the four issues of 4% coupon ditch bonds aggregating
$13,100 and described in V. 84, p. 176, were awarded,
$12,200 to the Citizens’ Bank of Wooster and $900 to S. D.
Hume of Wooster.
A bid was also received from George W.
Spangler of Wooster.

$150,000 4% bonds described in V. 84, p. 177. Proposals
again asked for these bonds and will be received this time

are

until March 5.

Woodland, Yolo County, Cal.—Bond Offering.— Proposals
Feb. 18, by Chas. W. Pickard,
City Clerk, for $20,000 5% gold coupon water-works and
sewer-system-extension bonds. Authority Chapter 32,
will be received until 8 p. m.,

Denomination $500.
Statutes of 1901.
Date Nov. 1 1906!
Interest semi-annually in Woodland.
Maturity $500 yearly
the first

Monday in November from 1907 to 1946 inclusive.
Certified check for 10%
of the amount bid, payable to the City Treasurer, is required
Yatesville, Upson County, Ga.—Bond Sale.—This town
has awarded the $4,000 6% coupon school-building bonds
offered on Jan. 1 to Dr. E. A. Flewellen of The Rock, Ga.,
at 106.25.
See V. 83, p. 1492, for description of these
on

Bonds

West New York, Hudson County, N. J.—Bond Offering.—
Attention is called to the official advertisement elsewhere in

Department of the offering on Feb. 19 of $200,000 4^%
coupon or registered improvement-certificate funding bonds.
Proposals will be received until 8 p. m. on that, day by the
Town Council.
Authority an Act of the Legislature ap¬

this

are

exempt from all taxes.

securities.

,

MISCELLANEOUS.

INVESTMENTS.

H. W. NOBLE & COMPANY,
Philadelphia.

be

Denomination $1,000.
Interest semi-annual. Certified
check on a State or national bank or trust company for

of Seattle.

Detroit.

Offering.—Proposals will

20 by the Board of Trustees
the following:

$21,000 4% sidewalk assessment certiorates of Indebtedness. Authoritv
Chapter351 Laws of I860.
Maturity Feb. 1 1912.
i
3,000 4% water bonds.
Maturity Feb. 1 1937. Authority Chanter 7fii

Wood, Gundy <fc Co. of Toronto and Geo. H. Tilden & Co.

New York.

LXXX1V.

proved March 23 1S99, as amended by Chapter 3, Laws of
1901; also ordinance adopted by the Town Council on Feb. 5
1907.
Denomination $1,000.
Date May 1 1907. Interest
semi-annual.
Maturity thirty years. A deposit of 85,000
either in money or certified check on some responsible
bank
or trust
company,and payable to the Town Treasurer is
required with each bid. Conditional bids will not be con¬
sidered.
Bonds will lie delivered May 1.
James L. Wolfe

1927

Land District No.
V. S3, p. 1371, to

[VOL.

OF

OFFICE

THU

ATLANTIC MUTUAL INSURANCE COMPANY.

MUNICIPAL
AND

New York, January

PUBLIC SERVICE CORPORATION
T

BONDS.

if

Trustees, In conformity with the Charter of the Company, submit the following statement of its affairs
on the 31.s7 of December, 1906.

Premiums
Premiums

Albert

on
on

Marine Risks fmm 1st January, 1006, to 31st
Policies not marked olf 1st January, 1906.

$3,190,241 G7
582,191 98

December, 1906.

KIeyboIte& Co.,

409

Walnut Street,
CINCINNATI, O.

December

Public

High-Grade

,

Service

$481,959 S3

125,50 1 85

Losses paid during the year which were
and previous years
Losses occurred, estimated and paid in
-

1906
OS

$356,457
Rent, less Taxes and Expenses

Municipal,
County,
State,
and

22d, 1907.

.

_

estimated in 1905)
14

...

Re-insurances

1

1906

.009,224 32 $1,319,041 46
$107,176 57
150,190 74

_

257,367 31

securities

$1,061,674 15

Correspondence Solicited
Returns of Premiums, y

$62,411 11

Expenses, Including officers’ salaries and clerks’ compensation, sta¬
tionery, newspapers, advertisements, etc
The Company has the following Assets, viz.:
_

$344,098 27

....

,

Perry, Coffin & Burr,
INVESTMENT BONDS
60 State Street,

...

Atrcrrecratinif

)

_

_

.

.

.

.

Exchange Place
.

.

.

.

.

.$4,299,000 00
75,000 00

.....

.

,374,000 00

1,191,97 5 88

losses under policies payable In foreiirn
.

.

.

.

_

•

_

.

.

4

..

.

.

.

271.142 54
562,631 63

$12,797.823 72

.

A dividend of Six rut- cent interest on the outstanding certificates of profits will lie paid to 1'c
holders thereof, or their I»t*;;;i representatives, on ami after Tuesday the Fifth of February next.
The ou«st;indlmr eerti'icates of the Wue of tool will be redeemed and paid to the holders thereof
or their leg'll representatives, on and af:< r Tuesday tile fifth of February next, lrom which < av
all interest thereon will cease.
The certificates to tie produced at the time of payment, and canceled
A dividend of Forty per cent is declared on the net earned premiums of the Comontiy for the
year endinor 31st .December, 1906, for which, upon application, certificates will be i •lied on and
after Tuesday the seventh of May next.

bonds

and

CORPORATION

Premium notes and Hills Receivable
Cash in
hands of European Hauliers to pay
countries
Cash in bank.

....

...

Real Estate corner Wall and William Sts., and
Other Real estate and claims due the Company

.

F. B. SHERMAN & CO.
MUNICIPAL

Special deposits in Hanks and Trust Companies

.

BOSTON.

$5,697,108 00
700,966 67

United States and State of Xew York Stock, City, Hank and other Securities

By ordt- of the Board,
G.

)

STANTON

FLOYD-JONES. Secretary.

TU VST EES.

205 La Salle Street, CHICAGO

Atlantic Mutual Insurance Company Scrip
of All Yeara Bought and Sold.

JOHN M„ GILLESPIE,
Room No. 518 Atlantie Building,
4*-5l Wall Street.




NEW

YORK.

GUSTAV AMSINCX.
FRANCIS M. BACON”,
JOHN' \. BEACH.
WILLIAM B. BOULTON,

VERNON U. BROWN,
WALDRON P. BROWN,
JOSEPH H. CHAPMAN,
GEORGE O. CLARK.
CLEVELAND H. DODGE,
CORNELIUS ELDERT,

HERBERT L. GRIGGS.
CLEMENT A. GRISCOM,
ANSON W. HARD,
MORRIS K. JESUP.
LEWIS CASS LED YARD,
FRAXCTS H. LEGGETT.
CHARLES D. LKVERTCH,
LE WDER N. LOVELL,
GEORGE H. M \CY,
CHARLES H. MARSHALL,

W. H. II. MOORE.
NICHOLAS F.
PALMER,
HENRY PARISH.
DALLAS B. PRATT.
GEORGE W. QUINTARD,
A. A. RAVEN,
JOHN L. RIKCR.
DOUGLAS ROBINSON,
GUSTAV H. S'VTWAB.
WILLIAM A. STREET.

RICHARD H. EWART,
A.
V. RAVEN. President.
CORNET.TVS ELDERT. Vice-President.
.TAMES L. LTVTXGSTOX. nd Vice-President.
SANFORD E. COBB. 3d Vi^c-Presidcnt.
CHARLES E. FAY, 4th Vice-President.

Feb.

XXIII

THE CHRONICLE.

9 190$.J

JKrust (to mp antes.

Member

St. Louis

BUNKER HILL

Clearing House Association

Capital and Surplus, $9,500,000
WM. MAFFITT.

festus j. wade,

Treasurer

President.

Capital & Surplus,
Transacts

Acts

also as

Stock

Transfer of

1902
$21,882,734 64

Richard S. Russell.
Howard Stockton.
Charles A. Stone,
Quincy A. Shaw Jr.,
Nathaniel Thayer,
Henry O. Underwood.

Livingston Cushing.
George A. Draper.
William F. Draper.
Wllmot R. Evans.
Frederick P. Fish,
Robert F. Herrick.
Francis L. Hlgglnson,

16,1905 $27,292,163 67

W. Seward
Sidney W. Winslow.

Service is Con.Unt Growtii

Proof of Good

AMERICAN

boston

-

Frederick P. Fish,

to Check.

Agent, and

Registrar.
BOARD OF DIRECTORS:
N. W. Jordan, Chairman.
C. F. Adams 2d,
William A. Gaston,
Rodolphe L. Agassiz,
P. Howe,
Elmer Lawrence,
John
F. Lot hr op Ames,
John S. Lawrence.
Hobart Ames,
Lester Leland,
Edwin F. Atkina,
S. E. Peabody,
Frederick Ayer,
Francis Peabody Jr.,
Charles S. Bird,
Royal Robbins,
A. G. Bullock,
Henry A. Reuter,
Samuel Carr,
P. L. Saltonstall,
Gilmer Clapp,
T. Jefferson Coolldge
Gordon Dexter,
William R. Driver.
F. C. Dumalne,

Acts

and

Sec.

CENTRAL
TRUST COMPANY
CHICAGO

Capital,
Surplus;

-

-

-

-

-

«

-

-

•

•

CHARLES Q. DAWKS. President.
W. IRVING OSBORNE, Vice-President
A. UHRLAUB, Vice-President.
WILLIAM R. DAWES. Cashier.
L. D. SKINNER. Asst. Cashier.
MALCOLM

McDOWELL. Asst Secretary.

TRUST

BANKING, SAVINGS AND
DEPARTMENTS.

ThcTrust Company of
North America
503-505-507 Chestnut

$1,000 000

President.
HENRY G. BRENGLE, 1st V ce-Pres. A Treasurer.
J03. 8. CLARK, 2d Vice-Prea., Superv*g Trust Dept.
tHAfl. P. LINEAWEAVER, Sec. <fc Asst Trust Officer
ADAM A. STULL.

DIRECTORS.
J. Levering Jones,
Henry G. Brengle,
James Crosby Brown, Malcolm Lloyd.
John Cadwalader,

John Mcllhenny

E. W. Clark Jr.,

Richard Wain Meirs,

Edwin S. Dixon,

Eugene L. Ellison.

Joseph C. Fraley,
Harry C. Francis,
Henry L. Gaw. Jr.,

Clement B. Newboid.
John W. Pepper.
Wi ham F. Read.

Frank Samuel,
Adam A. Stull.
Edward D. Toland,

Jaseph R. Wairfwright,
William D. Wlnsor.
Acts as
Executor, Trustee,
Registrar, Etc.
Becomes Surety.
Complete Set of Safe Deposit
Vaults Interest on Deposits
Howard S. Graham,
Samuel F. Houston,




and

PROFITS

GENERAL FINANCIAL
AND FIDUCIARY
BUSINES4J TRANSACTED

W.McLeod Julius S. Walsh
Norveli Roila Wells
Orthweln

OFFICERS

JULIUS S. WALSH,

President

Board

JOHN D DAVIS, Vice-President
SAMUEL E. HOFFMAN. Vice-President
JAMES E. BROCK. Secretary
HUGH R. LYLE, Asst. Secretary
HEN R Y C 1BBOTSON. Asst. Secretary
C. HUNT TURNER Jr.. Asst. Secretary

FREDERICK VIERLING, Trust OUlcer
HENRY SEMPLE AMES,
Asst.. Trust
CHARLES M. POLK, Asst- ’Trust Offlcer

•

•

James P„ Hooper.
James M. ITendergast,
George S. HiLsbee.
Lawrence M. Mock ton,

Alexander Cochrane,
Edmund D Codman,
T. Jetfereon

Coolldge,

Charles H. Dalton.
George Dexter,

Nathaniel Thayer
George Wurglcsworth,
David R. Whitney.

Pbfflp Dexter.
William

Farnsworth,

Maryland Trust Co.
BALTIMORE.

CAPITAL,

-

-

$2,000,000

Joslah L. Blackwell,
G. Clymer Brooke,
H. Carroll Brown,
John W. Castles,

Joseph R. Foard,

Griswold Jr.,
Hepburn,
John T. Hill,
B. Howell
A. Barton

Grier Hersh,
Ernest lloen Jr.,
George C. Jenkins,
Joshua Levering,

Oscar
G. Murray,
Henry F. Shoemaker,
James Speyer,

Douglas M. Wylie.

GRIER

HERSH..

ALLAN McLANE
L. S. ZIMMERMAN

President
Vice-President
Secretary

CARROLL VAN NESS
Treasurer
JERVIS SPENCER Jr...Asst. Treasure
IVAN SKINNER
Asst. Secretary

Officer

WILLIAM G. LACKEY, Bond Ollicer
WM. McC. MARTIN. Asst. Bond Offlcer
TOM W. BENNETT. Real Estate Offlcer
C. W. MORATH. Safe Deposit Offlcer

Wisconsin

WHITNEY, President.

CHARLES H. DALTON, Vice-President
CHARLES F CHOATE. Vice-President.
FRANKLIN HAVEN, Vice-President.
JAMES R. HOOPER. Actuary.
HENRY N. MARK, Secretar .
FRED K VV. ALLEN. Asst.Sec .tTreas
THOMAS E. EATON, Asst. Treasurer
FRANCIS R. JEWETT. Trust Offlcer
BOARD OF Dl.<ECIOR->
William Eudicott, Chairman.
Freder.ck P. Fish,
Walter C Baynes.
Morris Gray.
Alfred Bowditch,
Franklin Hav
Haven,
Charles F-. Choate,

OFFICERS.

Chairman of the

BRECKINRIDGE JONES,

DAVID R.

DIRECTORS

DIRECTORS

R. J. O’Reilly.MD
D. It. Franets
John 1 Beges
H. Clay Pierce
Wilbur F. Boyle August Gehner
J. Ramsey
msey Jr
S. E lloffman
James E. Brook
Murray Carieton Chas. H. Iluttlg James E. Smith
Breckln’ee
Jones
Robt.H.
Stockton
Charles Clark
Horatio N. Davis Nelson
John I). Davis
Saunders
Auk- B. Ewing
Wm D.

St., Philadelphia.*

CAPITAL

Eckley B. Coxe Jr.,

2,000.000

FOURTH & PINE STS., ST. LOUIS
CAPITAL SURPLUS
\«o Knn nOO
\

$2,000,000
500)000

$1,000 000

MISSISSIPPI VALLEY
TRUST CO.

OF ILLINOIS,

Trustees,

Individuals.

Trustee under Mortgagee and as Tram lor
Agent and Registrar of Stocks and Bonds.
Interest Allowed on Deposits Subject to Check
OFFICERS.

GOODSPEED, Treasurer.
WHITNEY', Asst. Treasurer.
HENRY A. FENN, .See.AMgr.Safe D.D’t.
H. D. HEATHFIELD, Assistant Sec.
F. J. BURRAGE, Assistant
S^-retary.

COOLIDGE Jr., President.
CHARLES L. BURRILL, Vice-Prest. & Trcas.

deposit from
Corporations and

Also acts as

G. E.
W. L.

T. JEFFERSON

Guardians,

Assignees.

CHARLES E. ROGERSON, President.
JAMES LONGLEV, Vice-President.
WILLIAM C. WILLIAMS, Vicc-Prcs’t.

Eugene N. Foss,

$1,000,000
2,000 000

Authorized to act as executor and to receive
Hold money or property in trust or on
Courts of Law or Equity, Executors. Administrators,

and Trustee.

Capital Surplus (Earned)

Jr. R. Paul Snelllng,
Frank W. Stearns,
Eugene V. R. Thayer.
Charles W. Whittier,

J. H. PERKINS, Vice-President.
C. H. BOWEN, Secretary.
K. A. COFFIN, Asst. Treasurer.
Q.
W. AURYANSEN,
Asst.

as

Weld,

Whittier.

BOSTON, MASS.

Deposits Subject to

Mortgages
Guardian Administrator

Charles W.

The NEW ENGLAND
TRUST COMPANY,;

Check
Trustee under Railroad and other
and is authorized to act as Executor,

Interest Allowed on

Stephen M.

Reginald Foster,
George P Gardner,
Robert P. Herrick,

c

Interest allowed on Deposits Subject
Trustee under Mortgages, Transfer

Philip L. Saltonstall,

Nathaniel Thayer,
Lucius Tuttle.

Eben S. Draper,

and

mass

$1,000,000
- $1,500,000 Transacts
8UKFLUS (Earned) a
General Trust
Transact* a General Banking and Trust
Company Business.
Banking Business.

...

.

Walter Hunuewell,
Thomas L. Livermore,
Charles s. .vtellen,
George v. L. Meyer,
Laurence Minot,
Richard Olney,
Robert J. Paine, 2d,

CAPITAL.
SURPLUS,

Trust Company

BOSTON, MASS.

Chairman.
Henry S. Howe,

Philip Dext-er,

AND

TRUST COMPANY,

DIRECTORS:
JR.,

Charles F. Ayer,
Samuel Carr,
B. P. Cheney,
T. Jefferson Coolldge,
Charles E. Cotting,

Webb.

REGISTRAR.

AGENT.

T. JKFFKK80N COOLIDGE
Gordon Abbott,
Oliver Ames,
C. W. Amory,

Safe Deposit

Boston

BANKING

GENERAL

A

TRANSFER

ES.

1906, *27,984,699 63

Nov. 16,

$7,000,000

-

BUSINESS.
ALLOWS INTEREST ON
DAILY
BALANCES SUBJECT TO
CHECK.
TRUSTEE UNDER MORTGAG¬

BOARD OP

PHILIP STOCKTON, President.
Henry C. Jackson,
Charles F. Adams 2d.
George E. Keith,
Orlando H. Alford,
Gardiner M. Lane.
F. Lothrop Ames.
Arthur Lyman.
John S. Bartlett,
T. Jefferson Coolldge Jr., Maxwell Norman,
Robert T. Paine 2d.
Charles E. Cotting,
Andrew W. Preston.
Alvah Crocker,

16,1904 $26,608,716 93

CAPITAL

TRANSACTS

DIRECTORS.

1901
$11,780,418 95

Nov.16,1903 $21,756,471 73

Die

Deposits Subject to Check.
Railroad and other Mort¬
Agent for the Registering

Trustee under
and

1900
$4,429,448 02

Nov.

Capital and Surplus,

legal Depositary for Court Funds, and author¬
ized to act as Executor, Guardian. Ad¬
ministrator and Trustee.

A

Nov. 16,

Nov.

as

gages;

$1,667,051 19

16,

$4,000,000

Interest Allowed on

Nov. 16, 1899

Nov.

-

-

General Trust and

a

Banking Business

RESOURCES

Nov. 16,

BOSTON, MASS.

CHARLESTOWN. MASS.

City Square,

IB, 1899

Commenced business Nov.

STREET.

STATE

SO

Louis, Mo

St

CO. OLD COLONY
BOSTON. MASS
TRUST CO.
BRANCH:

TRUST

CITY

Mercantile Trust Co.

Trust Co.,

FOR SALE

OHBONIOLE BOUND

VOLUMES

MILWAUKEE.

Capita1,
Surplus,
Transacts

----a

$600,000
100000

Second-hand Set
1884-1906

General Trust Co Business.

High Grade Investment

Quotation,
Railway

Volumes contain only one

Buys and Sells

Bonds.

OFFICERS.
OLIVER C. FULLER, P-e«irtent.
FREDERICK HASTEN. Vice-President
GARDNER P. STICKNKY. Treasurer.
FRED C BEST Sccretarv
R. L. SMITH, Ass i Secretary

Railway and Street
Supplement.
Commercial & Financial

76^ Pine St., New

Chronicle,

York.

xxlV

THE CHRONICLE.

[VOL.

LXXX1Y.

gntst ©ompautjes.
Union Trust

G uaranty Trust
1 rust C
v^ompany
OF NEW YORK

S9 Nassau Street

33 Lombard

NEW YORK

80

Broadway, Wen York*

Branch: 425 Fifth

St., E.C.

LONDON

Capital, $2,000,000

Company'

OF NEW YORK

CAPITAL,
8UPPLU8,

$1,000,00U 00
$8,092,662 44

-

-

.

88th Bt.

eor.

AUTHORISED TO ACT AS

Executor, Administrator, Guardian

Surplus, $5,500,000

Receiver

or

Trustee

AND IB

INTEREST PAID ON CHECK ACCOUNTS AND ON CERTIFICATES OF DEPOSIT.

List of

Carefully Seleoted Securities for Investment Mailed

upon

LEGAL DEPOSITARY

Application

Allows Interest
Receives

OFFICKllHi
JOHN W.

A

Edward King,
R. T Wilson,
Ch>ine8 H. Leland,
H Van R. Kennedy
W Emlen Roosevelt,
J s J. Woodward.
Augustas VV Kelley,
N. Parker Shortrtdge,
Harrison K. Gawtry,
Alexander Maitland

Foreign Drafts.

C O.Riwi

Vice-President.

THOMAS W. LAMONT,

GILBERT G. THORNE,

2d Vice-President.

Pres. Seaboard Nat. Bank, N

Y.

Pres. Mechanics’ Nat. B’k, N. Y

Vice-Pres. Fourth Nat. Bk. N Y

GEO. W. PERKINS,

HENRY P. DAVI80N

J. P. Moreau & Co.,

Vice-Pres. First Nat. Bank, N.Y

ALBERT H. WIGGIN,

B'kers, N.Y.

Vice-Pres. Chase
New York.

WILLIAM H. PORTER,
Pres. Chemical Nat. Bank. N. Y.

LS,

DANIEL G. REID,

Pres. Com. Nat. Ban*. Chicago.

SAMUEL

EDWARD F. SWINNEY,

Vice-Pres. Corn Exchange Bank
New York.

Nat,

Bank

WOOLVERTON,

Pres. Gallatin Nat.

Vlce-Pres. Liberty Nat. B’k, N.Y.

WALTER E. FREW,

EDWARD F. C.

Bank, N.Y.

YOUNG,

Pres. 1st Nat. B'k, Kansas City.
Pres. 1st Nat. Bank. Jersey City
Acta as Executor, Administrator and <»uardlan j Assignee and Receiver i
Registrar,
Transfer and Fiscal Agent t and aa Traatee for Individuals and corporations.

ALLOWS

J. F. THOMPSON

UPON

B. STRONG JR.
SECRETARY

F. N. B. CLOSE

ASSISTANT TREASURER

We refer you to
pany,

2d VICE-PRESIDENT

PRESIDENT

H. W. DONOVAN

ASSISTANT TRUST OFFICER

The Corporation Trust Com¬

135 Broadway, New York, for information
any

point involved in the organization

and taxation of business
laws of any

of the States

corporations under the
or

NASSAU, NEW YORK,

Capital, Surplus and Undivided Profits,

$3,000,000.
OFFICKKHi

JOHN I. WATEliBUKY, President
JOHN KEAN,
) YiceAMOS TUCK FRENCH, f Presidents
W. N. DUANE, Vice-President.
The Manhattan Trust Company receive* depotltr
bearing Interest and subject to cheque, payable
through the New York Clearing llouse.

Francis K. Appleton.
Robert Bacon.

Territories.

James J. Hill.

John Kean.

George F. Baker.
August Belmont,

John J. Mitchell.

Walter P. Bliss.

E. D. Randolph

H. W. Cannon.

Grant B.

H, J. Cross.

8. L. Bchoonmakei

Rudulpr Kills,

John 1.

Amos Tuck French

R. T

Girard Trust

Company*

Oliver U.

Payne.
Schley.

Waterbary

Wilson.

CAPITAL and SURPLUS, $10,000,000
Chartered 1836.

Act*

regarding

cor.

DIRECTORS.

T. W. LAMONT

E. C. CONVERSE

TREASURER

WALL ST,

DEPOSITS.

WrriV^tlAO.

D. E. POMEROY




INTEREST

Arriprnc

VICE-PRESIDENT

Assistant Secretaries

TRUST CO.,

Pres.Importers’ & Traders’ Nat.
Buna, N. Y.

Blair & Co., Bankers, New York.

President.

ING8, Trust Officer.

EDWARD TOWNSEND,

EDGAR L. MARSTON,

EDMUND C. CONVERSE,

k Secretary.

MANHATTAN

Vice-Pres.Nat. Park Bank.N.Y.

GATES W. McGARR^H,

JAMES G. CANNON,

JAMES H. ECK

JOHN F. THOMPSON,

HEPBURN,

Pres. Chase Nat. Bank, N. Y,

SAMUEL G. BAYNE,

Walter P. Bliss.

Street, New York.

A. BARTON

Manhattan

Amory 8. Car^art,

H. M. POPHAM,
J
T.W. H A RTSHORNB, (
H M.MYKICK,
J

DIRECTORS.
Bank of the

?mith,

E. R. MERRITT, 4th Vice-President

Surplus $500,000
Undivided Profits, $777,673

Co., New York.

and

Charles H. Tweed,
James Speyer
Robert W. Hoelet,
William Woodward,
Alex Smith Cochran,
John V. B Thayer.

J. V. B. THAYER. Vice Pre*t

Capital $ 1,000,000

Pres.

Keeping

Frederick deP. Foster
EDWARD KING. President.
AUGU8TLSW. KELLEY. Vice-President

BANKERS 1 RUST
COMPANY

STEPHEN BAKER,

Securities lor Safe

TRUSTEE^
James Henry

GEOhGK GARR. HE VRY,Vice-President.
W M. C. EDWARDS, Treasurer.
K. C. HAKRIMAN, Assistant Treasurer.
R. \V. SPKIR, Manager Bond Deportment

Issues Travelers’ Letters ol Credit and

7 Wall

MONEY.

Deposits.

Collestisn of Income.

CA8TI.ES, President.

ALEXANDER J.HKM PillLL, Vice-President
MAX MAY', Manager Foreign Department.
K C. HKBBARD, Secretary.
R. C. NEWTON. Trust Officer,

on

FOR

ns

Executor, Administrator, Trustee,

Assignee and Receiver.
Financial Agent for Individuals

or

Corporations.
Interest Allowed on Individual and
Corporation Accounts.
Acts as Trustee of Corporation Mortgagee.
Depositary under Plans ol Reorganization.
Registrar and Transfer Agent.
Assumes entire charge et Real Estate.
Safes to Rent In Hnrglar-Proef Vaults
K. B. Morris. President.
W. N. Et.y, 1st Vice-President.
A. A. Jackson. 2d Vice President.
C, J. Rhoads, 8d Vice-Pres, and Treasurer.
Edward 8. Page, Secretary.

UNITED STATES
MORTGAGE & TRUST COMPANY

55 Cedar Street

NEW YORK

73d Street and B’ way

MANAGERS.
Kftllngnam B. Morris,
John A. Brown Jr.,

Benjamin W. Richards,
John B. Garrett,
William H. Jenks,
William H. Gaw,
Francis I. Gowen,
Geo. H. MoFadden.

Henry Tatnall.
Isaac H

Capital and Surplus
Und lvided Profits
Assets over
.

.

.

.

.

.

.

$6,000,000
838,000

Clothier.

C. Hartman Kuhn
James Speyer,
Augustus L). .milliard.
Edward J. Berwtnd,
Randal Morgan,
Edw. T. Stotesbnry.
Charles E. ing* rsoll.
John Story Jenks Jr.
Henrv B. Coxe Jr.
E. C. Felton

Thos. DeWitt Cnyler

E. Cor.,Broad and Gheatnut

Streets,

.

40,000.000

GEORGE M. CUMMING, President

PHILADELPHIA.
INVESTORS READ

The Wall Street Journal.
Careful

attention

given all branches

Trust

and

That’s why It pays advertisers.

Banking Business

DOW, JONES & CO.,

Publisher*,

44 WflAP ST., raw YORK

XXV

Feb.

9

CHRONICLE

THE

1907.j

grost Companies.
incorporated 1858.

Bowling Green Trust Co.
26

Dnitefl states Trust

BROADWAY1 NEW &YORK.

Surplus, $3,000,000
OFFICERS:
EDWIN GOULD,
.
.
.
President
WILLIAM H, TAYLOB, 1st Vice-President
CHAS. P. ARMSTRONG,
2d Vice-President
JOHN A. HILTON, 3d Vice-Pres. and Treas.

Capital, $1,000,000

45 and

Company ot lew M,

47 Wall

Street.

$2,000-000
$12,801,046

CAPITAL,
SURPLUS AND

LAWS,
.
.
Secretary
DIRECTORS:
Charles P. Armstrong,
John A. Hilton,
frank Brainard,
Myron T. Herrick,
Harry Bronner,
Edward T. Jeffery,
franklin Q. Brown,
William Willis Merrill,
Robert C. Clowry»
Winslow 8. Pieroe,
Edmund C. Converse,
Dick 8. Ramsay,
Wm. Nelson Cromwell,
Frederick B. Schenok,
Grenville m. Dodge,
Androw Squire,
William H. Taylor,
Goepel,
Edward R. Thomas,
Edwin Gould,
John P, Truesdell,
frank J. Gould,
E. F. C. Young.
George J. Gould,

PROFITS,

UNDIVIDED

D.

WILLIAM M.

EDWARD W.
WILLIAM M.
WILFRED J.

SHELDON, President
KINGSLEY, Stcond Vice-Pres.

WORCESTER, Asst.

CHAS A.

Secretary

Vice-President

AHERN, Secretary

EDWARDS, 2d Asst.

Secretary

of the Board of Trustees.

STEWART, Chairman

JOHN A.

WILLIS JAMES,

HENRY E.

A..

Trust Company
Hospital Colonial
solicits the accounts of corporations, firms and individuals, and
Trust Company,
invites correspondence or personal interviews.
PROVIDENCE R, I.
Interest allowed on daily balances, which are subject to check
$11,000,000
#1,500,000
EARNINGS
sight
PROFITS
304,000
Certificates of Deposit (time and demand) issued
Rowland G. Hazard,

Rhode Island
CAPITAL

SURPLUS

at

UNDIVIDED
Royal

DIRECTORS:

Taft,

Robert H.

Ne.sou W. Aldrich,

L Goddard,

Samuel R. Dorrance.
Howard O. Sturyes,
Robert I. Gammed,
Stephen O. .Metcalf,
William Biuney,
Walter It. Callender,
William B. Weeden,
Gilbert A. Phillips,
Edward Holbrook,
Edward D. Pearce,
Robert Knight,
James E. Sullivan.
John W. Danielson,
Beniamin M. Jackson,
Herbert J. Wells,
John R. Freeman.
John C. Pegram,
Charles S. Mellen.
Lyman B. God,
Robert W. Taft.
HERBERT J. WELLS, President.
EDWARD S. CLAHK, Vice-President.
HORATIO A. HUNT, Vice President.
WILLIAM A. QAMWELL, Secretary. PRESTON H. GARDNER. Trust, officer.
CYRUS E. LAPll AM, AsHt. Sec’y.
JOHN K. WILLIAMS. Asst. Secy.
11ENRV L. SLADER. Asbt. Sec’y.
W R. Matteson,
William D. Ely,

SI.

Building, 222

Paul

Ueo.

DKLAFIELD,

MEYER,

TAPPIN.*"’K,
BABCHUK,

JAMES W.
PHILIP S.

$3,100,000

BORNE,

JOHN E.

Treasurer.
Secretary

EDMUND L. JUDSON, Seoy. &
JOSEPH N. BABCOCK. Trust, ottloer
ROBERT L. 8MITH, Asst.

[ELD, \

RICHARD

York.

and UndividedPresident
Profits, -

Capital, Surplus
CORD

Broadway, Wow

Vice-Presidents.
\
1

'

WALTER G.

vCv^RBoc*

BROWN. Asst. Sec’y.

4-

H. M.

ByUesby & Co
INCORPORATED

No. 100 WEST
THIRD AVENUE

Trust

1U5TH STREET.
14STH STREET.

ALLEN, 8d

Vloe-Presldeut.
Vice-President.

Vice-President.

Whiting Papers

TRUST DEPARTMENT:
WILLIAM B. RANDALL, Trust

Officer

BRANCH:

HARLEM

Reports.

Building.,

LEWIS, Manager.

BRONX

BRANCH:
Manager.

JOHN BAM BEY

CHICAGO

Correspondence
and for General Business Uses are
standard, made In Ledger, Bond,
Linen and Fine Writing in variety.
For

The Audit company
of New
York,
ORGANIZED 1887.

FINANCIAL

NEW YORK:

Acting

WILLIAM A.

NASH,

BELMONT,

President.

GEORGE W.

REVIEW

ANNUAL.

A

Year

Book of Statistics,
Cloth, $2.

Commercial St

JOHN
J. MITCH ELJ
YOUNG,

V tee-Presidents.

Financial
Chronicle,
New York.

CERTIFIED

Statistician.
GAS WORKS. ELECTRIC LIGHT WORK8,
ELECTRIC RAILWAYS, OIL MOTOR CARS.
*439 fajrk Bev XUdg..
VcwYerk flUSi,

NEW

SAN

CHICAGO,
Royal Insurance Building.
18 8t.

517

Swithin’s

_

III iJi

Market Street.

ENGLAND,
Lane, E, C., Cable,

IMMUi.-iiP-r It I. ■

-

Building,

Street.

FRANCISCO,

LONDON,

& CO

YORK,

26 Broad

Consulting Engineer and




ACCOUNTANTS.

York and Illinois.)

Broad Exchange

Aeoormta

Ph. B. 0. E.

PAPER CO.,

Philadelphia. Chicago.
Mills Holyoke, Maos.

York.

i

PUBLIC

(New

PHRINE, GenT Mgr. and Treas.
F. C. RICHARDSON, Assistant Treasurer.
This Compaay Audits and Investigates Account*
and makes Physical Examinations of Properties
Its Certificates and Reports are Prepared in behalf
of Merchants, Bankers. Corporations. Committees
and others, tn strict confidence. The Company also
Devises and Installs Money-8aving System* o'

William D. Marks,

New

BARROW, WADE, GUTHRIE

EDWARD T.

Keenini/

Fine

WHITING

Bound In

Pine 8t.,

48 Cedar Street
PHILADELPHIA.
CHlCAUi.
HEW ENGLAND OFFICE:
Eaitai Bldg., 15 State Ht.. BOSTON.
AUGUST

New York.

8treet,

Wall

65

TURNBULL, 4th V.-Pre
f RED’K GORE KING. Seo. and Treas.
J. MoLEAN WALTON. Asst. Secretary.
HARRI8 A. DUNN, Asst. Treason

W. F.

American

JUTE

WILLIAM

PLANTS.

Examinations and

SISAL AND

President.

RAILWAY LIGHT, POWER,
HYDRAULIC AND
QAS

Mfg. Co.

CORDAGE.

A

JHARLES T. BABNKY,
FRED’K L. ELDRIDGE, 1st
JOSEPH T. BROWN,Ud
B. L.

ENGINEERS,
DESIGN, CONSTRUCT AND OPERATE

MANILA

BROADWAY, .
A FIFTH AVK.

34TH 8T.

♦V

^

TRUST CO.
No.

Hugtucjevs.

The American

SEO ORLEASS,
Hibernia Bank'Bk/g.

“Adorjest"

THE

©OtlOtL

COTTON

16 to

22

[VOL Lxxar

IfimmciaL

WOODWARD
&

CHRONICLE.

financial.

STILLMAN, Fversz o Company GRANGER
MERCHANTS
220 LA SALLE ST.

1868.

in

Hentz
Henry
COMMISSION

37 PINE ST.

CHICAGO

EGYPTIAN AND AMERICAN
COTTON OF ALL
GRADES SUITABLE TO
WANTS OF SPINNKR8.

Established

FARWELL

BANKERS

WILLIAM STREET.
NEW YORK.

&

NEW YORK

BANKERS AND

RAILROAD BONDS

•

226 La Salle
St,

&

Co., CHICAGO CITY
MERCHANTS.
MORTGAGES.
William Street,
York.
Execute
HIGH-CRUDE INDUSTRIAL BONDS
Delivery
COTTON

16 to

22

COMPANY,
BROKERS,
71

CHICAGO.

Broadway

NEW YORK.

Blew

Orders for Future

At

the New York.
Liverpool and New
Cotton Exchange*.
Orleans
Also orders for ' “

{New York Stock Exchange.

New York Coffee
Exchange
Chicago 8j6ck
Exchange.
Chicago board or
Trade.

CHICAGO REAL ESTATE BONDS.
CORPORATION X RAILROAD BONDS.

1 OFFER
At the New York
(JoHee

Exchange
GRAIN ANO
PROVISIONS
Chicago Board
ol Trade and
GRAIN AND
COTTON-SEED OIL.
At the New
York Produce
Exchange
at the

SEND FOR

DEALERS IN

CIRCULARS.

INVESTMENT

PEABODY, H0UGHTELIN6 & CO.
Hubbard Bros. &
Co.,
230 First National
COFFEE EXCHANGE
Blank
Bldg-,

BUILDING
HANOVER SQUARE,

I.

NEW YOUK.

COTTON

MERCHANTS.

Liberal Advances
Made

Cotton

on

Consignments.

Hopkins, Dwight & Co.,
COTTON,

CHICAGO.

Established 1886.

BANKERS AND
BROKERS,
Rotunda, Rookery Bldg,,
Chicago.
80

Broadway,

Members

and

COMMISSION MERCHANTS.
Room 52, Cotton

Mills

Building.

executed on the above
Exchanges, as well In
Chicago and foreign

markets.

Siegfr. Gruner

& Co.,
COTTON MERCHANTS
17 South William

NEW YOKK.

COTTON COMMISSION
NEW

Co.,

MERCHANTS,

ORLEANS, LA.
MEMPHIS, TENN.
DALLAS, TEX.
Boyers of
Spot Cotton.

WILLIAM RAY & CO.,
SUCCESSORS
COPELAND

A

BROKERS,

ROUNTREE

&

Commission Merchants.

Cotton, Grain, Provisions

CO.,

LIVERPOOL

CHANGES.

COTTON

HAYNE,

COTTON EXCHANGE

BUILDING,
NEW
ORLEANS, LA.

ORDERS FOR FUTURE
DELIVERY EXECUTED
IV NEW
ORLEANS, NEW YORK
AJKD
ijvitpwu^i. m* A




and

&

BROKERS.

Allen,

Cotton Exchange
Bldg., Now York.
Members ot N. Y. and New Or
and

lean Cotton

Liverpool Cotton Association. Exchanges

GWATHMEY

EX¬

Harms (in Commeadam
)
Cettea Brokers,

LIVERPOOL

COTTON
49 Cotton

Exchange,

Wm. P.Quentell.
R. Ooats.

R

CO.,
MERCHANTS,
-

-

Theodore

Quentell,
Coats
COTTON

82 Beaver

New York.
H

Price,

Svwtal Farmer.

& Co.,
BROKER*,

Htreet,
New York,
Members N.Y. Cotton
Exchange.
Issnirtais MaaMses Ihujsnsi
Gaston

BROKERS,
New York.

-

EXCHANGE.

CLEMENT & SMITH,
Successors to
HAVEN &

l

Nassau Street,
Members

corner

CLEMENT,

Wall Street.

of the New York
Stock

Exchange.

Bonds, Stocks, Cotton, Grain.
DICK BROTHERS A
CO.,
BANKER* AND

30 Bread St.,
Members of N. ¥. and

BROKER*,

New York.

-

Philadelphia Stock Exchanges,
York, New Orleans ana
Liverpool Cotton
Exchangee, New York Coflea
Exchange
and Chicago Board

New

of Trade

©ollotL

Steph<len

M. Weld &

COTTON

83*92 Beaver

MERCHANTS,

Street,

Boston

A

1808. |

NEW YORK HTOCK

COTTON

EXCHANGE
NEW ORLEANS
COTTON EXCHANGE
NEW YORK COFFEE
EXCHANGE

Chapman, Seller

COTTON PURCHASED
FOR SPINNERS’
USE.

SMITH
&
Frank B.

CO.,

Cotton Merchants.
[NEW YORK
I

Broadwav,

Cotton consignments.

Beaver Street, New
York.
ORDERS TOR FUTURE
DELIVERY EXECU¬
TED IN NEW
YORK AND

Exchanges

MEMBER* OF

Lord’s Coart
Building,
27 William
Street. - NEW YORK
Tel. No. 1018 Broad.

Mew Orleans.

and

A

BANKERS ANO

96

Orders for future
delivery executed in New
New York and
Orleans
Liberal advances made on LiverpooL

CO.,

York and Boston Stock

W. T. HATCH &
SONS,

INMAN A CO

C0MM1SS0N MERCHANTS,

Coffee.
COTTON EXCHANGE
NEW YORK.BUILDING,

ROBERT MOORE
36

Correspondents.

FACTORS

43 Cettea
Exchange,
New I erk.
Orders for future
delivery contracts
the New York and
executed on
Liverpool Cotton Exchanges.

R. H.

Exchange Building, NEW
YORK.
141 Milk
Street, BOSTON, MASS.

Lehman, Stern & Co.,^
COTTON

CO„

Investments.

(Established

Cotton

LEHMAN BROfcL, New
York.

TO

COTTON

GA.,

COTTON ASSOCIATION
Future Delivery Orders
Executed on above
Liberal Advance# Made
Exchanges
on Gottorn
Consignments

Markets.

ol New

AND

I

Orders

Members

Grade

Merchants,

AUGUSTA,

Members

for Contracts Exe¬
cuted in the New
Orleans, New York,
Liverpool and Havre

GEO.

15 Broad St.

-

W. R. CRAIG &

Mason Smith &

-

INMAN & CO.,
Cotton

Bremen

Street,

& Co. High

©otto!!.

York.

New Orleans,

BOSTON, MASS.

Members New York Htock
Exchange.

LEHMAN BROS.,
Non. 16-22 William
Street, New
Orders

Exchange,
< Chicago Stock
(Chicago Board Exchange,
of Trade.

Limited, New Orleans, La.

CO.,

BANKERS.

( New York 8tock

Bishop, Laimbeer

Members of the Stock,
Cotton, Coffee
and Froduce
Exchangee, New York.

F. H. PRINCE &

New York.

Exchange Building,

NEW YORK.
& Co.

■

Edwin L. Lobdell &
Co.,

COTTON-SEED OIL.

Lehman, Stern

SECURITIES.

Correspondents,
State

-

New York

8. M. Wild A

8k, Boston, Mass.

Liverpool Correspondents, Wxld A

Bremen

Co.,
City.
Oo., 8f

Oo.

Correspondent#, Albbbghx, W*u> A

Geo. H. McPadden &
COTTON

MERCHANTS,

PHILADELPHIA.

On.

Bro.,

NEW YORK.

Liverpool Correspondxnts :
FREDERIC ZEBJCGA A (XX
BUIMXH CORRKBPONDXNTS:
MCFADDKN BROTHERS A (XX

XKATRK

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