The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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 ► *14 164 31 .75 75 304 304 304 354 36 182 182 945 946 42 •49 *8 4 *77 4 78 4 934 19 4 94 19 9 784 64 17 31 -70 304 304 35 4 35 4 184 950 183 945 43 4 •50 93 944 19 4 43 Si -51 95 194 19 4 60 60 130 3 25 4 330 80 304 44 304 24 254 131 132 4 304 31 24 254 *2 4 25 4 *3 30-a 314 4«s 84 14 144 31 84 14 144 21 21 904 92 2 14 174 62 167 133 92 *14 2 174 174 1114 112 2 2% 171 *2% 91 84 11141114 *-1% 2% 63 168 31% 32 ri4 144 214 3i 84 14 144 214 304 30 4 310ft 64 55 166 167 82 * _ 2* Hz •2% 134 186 10% *6*4 ie% 6% 10% 6% 22 22% 22% * 2% 136 Hz 10*4 6% 2tf 150 84 l1# 144 14 174 31H *•70 •75 30 4 30*. 35 4 377i 194 lb4 950 947 43 4 44 51 •50 94 4 95 4 194 19 4 274 29 133*4 140 4 314 31% 6*4 -6*. 304 314 46% _ 37 46^ 27% 70% 70% 37*4 38% 71% 71% 12 63 63 12 63 46% 46% 71% 72 6 12% 8 15* % 190 190 -2*4 2% 11*4 12 63 *47 12% 188 1Y% 190 17 32 *75 195 950 44 45 •61 *51 94 4 95 4 19 4 194 274 28 4 1414149 314 31*4 1 751 94 ' 174 11141124 2 65 58% 167 167 31% Jl% *2% 145 11 11% 6% 148 2 *1*4 2% 148 0% 22% 152 • 12 os 23 159 1284 76 156 1 118 111 0 ►0 K> o 0 •0 O 4) lO 0 0 <> O 0 5 280 5] 13*2 6 107 185 47% 37% 88% 72 *71 11% 62% 11% 62% 46% 72% 8 13 187 187 2% 2% 47 *2 11% 64 46% 78 8% 13 190 190 2% 2%J 190?~ . pref.. 24% 90 12 4 304 133 4 130 JliscellaneouM Agricul Chew pref ter Do Do pref. Sugar 1 Do pref. ler 1284 32 4 Anier Woolen 100 4 Do pref 4 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 Do 85 4 pref. 844 201 2U8 44 Mexican 44 N E Cotton Yarn....] Do 87 4 874 pret. 123 124 Nov’06 2 Telephone!] Sep ’05 171 170 Do 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 Jan 11 Jan Jan Jan 300*4 Feb 1 28*i J an 2 80 Jan 23 Jan I'i 160 Jan 2 *20 Jan 8 198 2<»HiJan 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 Jan 16 52 J au 2 v 56 57 Jan 24 45 70 45 Feb 5 94 61 93 Jan 4 103 113 100 1,535 169*4 Jan Ho 182Hz 92 >4 Jan 14 93 Jan 30 17o 3 l7o 149 90 H Jan 18 1)5 107 Jan 8 i09 153 159 1 226 0 0 0 0 0 (> (> 0 •32 100 2464 Apr 180 4 Apr Oct 175 4 May 314'-! Apr 25 Jan 39 4 Apr 72 4 Jan 90 Apr Oct 182 5«> Jan 17% J’ly 127 Jan 1874 Nov 190 Mar 15** uct 163 Apr Oot 298 8 N5 Apr 9 132 Oct 145 Jan Jan 107 3 95 Apr Dee «9 95 Jan 197 2 Jan Feb 2 Jan t Jan 16 Jan L8 Jan 24 Jau21 Jan 7 7 Jau 15 J an 30 J till 2d Jan 7 Mar 200 23 .90 Jan 15 147 0 716 0 186 22*4 Feb 4 91 Jan 19 11 Jan 28*2 3/111 6 Jan 3 l) 0 0 0 9,247 /> 3,813 1,129 129*4 Jan 3^ 0 2,548 127 Jan 17 140 3<>14i<’eb 4 1,3«0 99*2 Jan HI Jan lf> 4 153 130 0 l) l> *110 Jau16 0 75 1 lb Hi Jan 31 8*4 Jan 2.. 197 225 3i4 156 9 ) ) 2,642 [> 793 [) 34 ) 2_8 60 ) ) L) 2b 197 Feb 8 Jau 15 6i*aJan 2 84 H Jan *8 199 Jan z 4 Jan 22 Jan 7 55 Jau3o a;i7 120 Jan 2 t 5 J’ly 2('T4 Jan Sep 163 Feb 155 >28 233 4 Mai Dec 210 Jan Sep 53 4 Out Jan 50 65 Oct 47 4 Nov 64 Jan 9il Jan 65 Del 95 Jan 106 k«b ] .39 4 Mat 195 sep 91 Muy 99*4 Jan : Sep 178 Apr Dec- 101 92 Jan 07 Sep 1164 Apr J’ly .98 53 254 May 147 Dee J’ne j ’ue 6*4 Deo 17 Jan 594 Jan 21°ft Aug 9 9 2 8 Jau 105 4 Jan 257 4 160 Jan Jan 16 1150 2 4 *b oct Feb 1504 Feb 21 J’ly 34 Jan 90 Dec I02 Jan 10 4 Dec 29 Alar 14% Jan 8 26 33 Jau 8 Aug 46 Apr 136Hz Jan 7 ] .28 Ala\ 156 % Jan Dec 141 Jan 131*4 Jan 1» J .30 28 134 H Jan 2 J’ly 144 % Jan 36HJan 7 28 Not 47*4 Jan 102 Hz Jan 8 ] .00*4 Dec 110*4 Fobr 4 % J ’no 4 .*.in 16 3*4 Jan 115 Jan 10 1 15 J’ly 118*4 Mu 21*4 Nov 34 Apr 24% Jau 9 9 % J an 3 5% Jan 10 Aug Dec 250 23o Jau 7 2125 Jan Dec 184 i 62 J an 2 , 1 67 Oct 44 66 % J an 1»’ Maj 64*4 j'na 9o 84 *2 Dec 86 Jan 15 sen Mai 210 Jan 2s 1 203 Dm 3 Jan 5*4 Sep 4*4 Jan 19 27 Max 60 57 Jan 26 Nov Mai 80 90 Janlz 904 Nor Dec 141 4 Apr 126 Jan 7 1 26 95 Jan >• Feb 7 4 No\ l1ie Jan j 106*4 63 Do 28% pref. 45 4 U S Do 1064 105*4 pref. 50 Dec’06 8 8 79 Do Jan ’07 pref Jan ’07 Westing El & Mfg.. 78 4 Do 75 Nov’06 pref... J ) > • 28*s .. j ) ) 308 163 H 75 io^ 45b 10 1*4 21 Hi 150 i J *4 372 106 61 411 136 28 63 45 4 *54 5 4 69 69 112*4 113*4 48 71 13 71 6,683 ) > Feb 6 182 Jan 7 1 <0 Dec 26b 4 9 4 Jan 11 Jan 9 11 Jan It Jan .>1 113 Jan i6 1 >1*4 J’llt 1 JO 22 ‘4 Dec 23 Jau 33 22 Hz Jan 1. 26 J’ly 27 4 2 6 4 J’ue »J an o 1 ’"li7h Jan 24 Jan 18 108*. Jan 7 i 113*4 o an 24 Jan 7 427b Jan 31 69 29 Jan Jan 2 x 28 4 Dec 4 5o*ftJan 32*4 J’ly 877 lo4 Jan 30 107*4 Jan 131 J an 7 Jan 29 99 *40 J’ne Jan Nov Nov Deo Sep Feb Nov Deo 86‘a Fl 32% J’ly 50 4 Oct 113% Feb •76 sep 17 h Jan 98 *9 Jan 9 Jan i2 82 Jan 17 78 Hz Jan lb 8 79 78 4 Jan ib Nov 73*4 Oct 76 Nov 86 98 4 Hi Jan 14 55 H* Jan 2 6% Jan 2 74l4 Jan 14 44 Dec 31 4 J’ly 8 4 Oct 664 Dec 8 78 ) > 7 7 1,270 350 26, i 6o 110^ Jau 3o 121 Jan 6 0,9jU 43>2Jan 4 53 Jan 22 u50 68 Feb 1 71 Feb -8 2; 13,462 Jau 9 lO 13*» Arcadian 15% Jan 16 Jan ’07 Arnold 2i 1 Hi Jan 30 24 2 Jau 7 17 164 Jan 17 19 Hz Jan 24 1,395 14 314 317§ Bingham Con Min«fc S 2,766 30 Jan 3o 37 Jan 14 Bonanza (Dev Co)... •76 *.70 200 70 Jau 7 •80 Jan 17 30*s 314 2,880 •j9*4 Jan 31 33 % J an 5 374 38*8 25,571 34 *2 Eeb 4 ;iy%Jau 7 191 198 8,441 177 Jan l» 193 Feb 8 952 Calumet A Heola.... 950 104 395 Jan 5 960 Jan 15 43 4 38 Jan3o 46 Jan 3 444 7.0. < •52 Cous Aiercur Gold... •50 Jan 4,050 •45 Jan 19 •52 84 934 964 Copper Range Con Co] s-Jan 2 105 Jan 14 13,094 40u Daly - West..: 18^ Jan 3o 20 Hz Jan 23 Feb 5 64 50 60 Jan lb Do 110 4 Feb’07 pref L0j78 Feb i 114 Jan 12 * 2 4 3 2 Hi J an 3 554 4% Jan lo Franklin 2 7*4 Jan 3j 29 29 Feb 6 24,410 23 Granby Consolidated.] L30 1464 151 151 Keb 8 6,735 ^Jani9 31*8 31*4 Green* Consolidated. 20Hi Jan ji 15,413 33%Jan 7. 4 Hi J an 4 6U Guanajuato Consol.. 5 *4 Jan 11 314 304 6,107 27 Jan 2 36 4 Jan 14 8 8U 8 Jan3i 785 9*4 Jan 10 14 14 Mayiiower 1,125 •98 Jan 9 1*4 Jan 24 Mexico Cons M A S Jau 2 13 15 *4 Jan 24 l47s 3,480 144 22 224 Michigan 7,7‘*5 20 Hi Feb l ‘’4 H* Jan 15 92*4 92*4 Moliawk Jan 9 96 -9 Jan 14 2,845 82 185 14 14 Montana Coal<& Coke 1*4 Jan 18 2%Jau 9 X evada Consolidated 17*4 1,555 17 17*4 l£eb 5 2o Hz Jan 16 North Butte. 115 1134 4 12,215 09 Hi Jau 30 ,2o Jan 5 Old Colony 3,810 1*4 Jan 31 2H;Jan 4 58 ‘4 Old Dominion *67** Feb 2 59 Hz Jon 14 11,715 62 166 Osceola 166 607 .57 Jan 191168. ITeb !. 25 33 4 Parrott (Silv<fc Copp) lu 2,b05 26*4 Jan 2 35^ Jan V4, 33« 2 4 Phoenix Consol 860 1 Jan 5 24 -7%. 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 ‘5 4 Santa Fe(Goiddk Cop) 1() 64 876 4r-e Jan 2 7 Hi Jan a 23 Shannon 224 10,944 18H>Jan 2 24%Jan 17 314 84 14 16 22*4 94 l7s 174 11141154 1*4 14 67 684 166 166*4 32 4 34 2 4• 2*4 145 146 4 114 Feb Jan 11*4 6 4 54 22*s 23 155 *47 35 4 156 150 377s 70% ,7 l7^ 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 10*4 May 284 49*8 ... 1<ast Sale 32 48% Do 165 298 25 Feb 1 Jan 7 Jan2i J an Jail U > Jan U Jan *2^ Fob b Jun 16 7 8 . 304 914 46 *12% 134 192 949 V2 4 2 2%. 27»| elBofoore pty’t of assess’to oaUodln 0 0 0 0 Jan ’07 24 *93 12 4 80 4 133 130 54 68 304 37*8 -384 23 71% 72% 62% Sale 30 4 84 37% 38% 11% , *14 144 22 4 924 •1*4 17 4 46% 71% 72*4 .71% 72% R 7% ,8% / 7% 46% 46% 17 814 *•70 14 1. .. 13 4 14 4 §% 8 va le Sale 49 *14 14% 21*4 166 salt 1134 84 22% 23 146 5*s 68 112 48 14 14 4 214 17 -Hi* neat Mining 8 4 31% 31% *2% 2*4 184*4 146 10% 45 4 104 4 lo5 4 8 4 174 1104112 2 2*4 63% p4 166 447g Last salt *24 3 284 1314134 14 4 21 922 17 1064107 Last 8 Last Last Last " 3 25 r 230 i 59 20^ 0 0 0 11 Reece Button-Hole.. 11 111 1114 Last s a e 21 4 Jan ’07 Torrington Class A.. Last Sale 27 4 Do Dec'06 pref * 3 4 Union Cop L’d & Mg. *3 4 34 28 4 49 *14 16** 30 4 170 *104.... 1104 1104 169 *28 9 13 4 158% 159 65 4 65 4 284 6*4 ' 6*4 63 1114 112 4 14 9 2'27 64 7y 47 22% *63 68 •70 30 4 35 4 4 *8 *774 684 144 30 3L 4 *75 2M sale 64 44*4 46 *. 104%105 49 684 134 *14 *164 4 10641064 284 414 70 112 *69 111 47 3 22 27 4 3K *63 63 t64 54 14 14 17 34 1064 105*4 105*4 9 34 4 182 184 945 950 43 4 44-1* •60 -60 44 *50 984 19 63 *28 44 4 70 *68 1 JOss 1114 48 50 70 llO^Ul^ 674 *21 *26 22 27 4 106 44 4 1054 lu53s 9 *77 4 *21 *26 *34 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 4 4 *56 57 87 4 87 4 123 1234 1094110*2 •104 11 1104 106 1064 63 4 63 4 -84 28 4 106 4 1064 *624 63 4 284 284 *77 169 4 34 4 ' 130 86 202 4 10 30 4 128 121 5 124 150 57 87 121 *44 244 95 130*4 132 4 85 85 *200 2u2 44 *52 57 *87 122 123 *56 87 24 94 12 30 130*4 130*4 9 8 4 228 * 23 93 *204 *204 *8 4 .... 227 65 86 201 934 13 31 30 *84 4 228 1594 1694 23 *22 130 131 130 130 128 4129 32 32 *20 8 228 4% 12% *110 111 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( )0 m >0 K) o 0 ' 226 226 *198 * 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 *984 604 232 160 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 ’iy 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 | Cl R 1 O oo P* OPaoP CC 13 5*g iq a ” Cl R Cl R I 3 1 1 1 C/2 COCO coo CD COCO CO bos bb b it*.*- d w 00 t\3 00 00 *4 -4 >~k to O w d I® |® I® |® 1© 1® CO CO COCO coco COCO CO CO CO CO CO coco CO os-4 bd its. its. WOO W 1 w w -*•4 to to WO its. COCO COCO coco coco coco co d w to co its. W wto to -4 too u dd its to C ss doo w I® i® i© 1® C5 D* -4 00 CO d oo coco !® © ° W 11 © 1 1 1 1 1© I® © coco CO db d 1® COCO t\3 k-k H-k o OOO o too *-* 1® 1® | -4 1© 1 OS-4 1 |® |® |® I® COCO coco CO coco coco coco CD dd wd *4 1 | its 4s k-k I-S w w its O to to 4s os *4 w 1 coco 11 coco COCO coco coco CO | coco CO 1 -4 -4 O' d d os Os O bd dd 00 w OM 1 © k-k 1® to CD b w w co to to b Co 00 CO o Wits H-k I® 1© I® |® coco COO coco COCO CD d os »-* tvs b d coco co 1® 1® 1® coco CO 1 Wd CO o W to | coco CO ookl bd CJ« bd d d w >t» Oo 4s b Co t\5 uos CO to I-* d s-*CD w d its 1® 1© ; 1® 1® 1© I® coco CO E I1 coco bb bb *d CO CO -4 1® 1 b 1 d 1 cs Os CD sU I coco co 1 coco CO coco k—k 11 11 Cn a- 11 coco coco coco coco co ob coco OS OS d OS bb b dd t\s to oo oo d d os OS Os -4 dos -4«4 b k-k os os ■4 bo 1® 1® 1© 1® I® coco coco coco COCO coco -4 to its 1 CO coco coco coco coco CO coco coco coco os d •4 *4 -4 OS ■4 OS ■4 00 4s ro os d •4 to dd Oo k-k cn Co Os Os ooo esi-* MO 1 1 © 1 © coco COCO COCO k-k H-k cob bb bos o o “vl OO W O' 00 00 CD CO »—k 1 11 11 1 i CO 1 © •4 *4 CO CO -4 1 b bb its | OS 00 00 oto‘ 1 co 1 © I CO b “4 t—k O o I1 r tO i1 ° •-* CO CO 11 50 d 11 11 1 © I1 1 CO 1 © 11 11 co 1 © 11 b its 1 © 1 I 1 © Frida 00^ CO Cfl at w w OS | Ico 1 co 1 © CO Feb. its coco -4 1 CO 1 ?*2 • o os CO CO 1 1 to CO © CD os 1 bi Co CO CO b 00 CO to d © -4^4 00 Os b 1 1 coco -4 © © coco b 1 1 © CO -4 © 1 © COCO o< 1 1 coco k| © 1 © 1 | c: 1 1 1 c o 11 CO "db W its. cob CD CO bb oo Jb 1 | -4 b -4 <35 t-k boo 1 CD b -4 CO CO OS©. 1® CD 05 sU b’o © 1® CD b-4 OO 1 1® <§) csw 11 11 1 1 1 coco 2 • <3 *oo b os.-* f—• 1® d d CO to 1 3a to 1® coco coco 1® 6b 1 coco cn to 1© | a 1 CO oo CO o | coco b | *-* 1 >—» I 1® 00 00 d d © coco boo 1 CD i coco CO coco CO w coco coco 1 k-k COCO 1 • cn O dO 0-4 <e* 8*2 1® to its dd d 4* o. 4s© • CO db coco © 1® © 0-3 • I coco be -4 11 o 1 | coco OS-4 1® k-k 1—‘ ro 1® dd l\3 CO |® Cm 00 tO 1 coco 00 4s w-k 1 dd OO 1® 1 to c | 00-4 11 CO o COCO coco H-k CO to -4 00 oo *—■ coco »— **30 1® COO 1I o 1 | 11 11 ooo * 1® CO coo coo 11 oo d COCO -4 OS 00 -4 os O tO CD OS its. its. Os -4 CO W to 1 1 1 oo oo lU »-k © 1 oo -4 00 d 00 CO o o 11 CO CO COCO 3 3<r? ■*4 00 1® 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 ' 1 i Z3 COCO b 00 00 1 © CO 1 1 © t\5 CO 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 * 0 t MS 0 c 8 3 2 -1 r- -T> 55 2. — 0 2L O 3. ■9 ; 0 ■ ■£ . 0 — . 1 3 , £ 1 ' ' I -l 1 ‘ . l , 1 l l 1 h-, 1 ! l . 1 ' • 73 O S $ c 1 : 1 3 £. *3 j® : : ; 1 i 1 1 1 • 1 1 i- 1 . t 1 1 1 1 1 A- —* 0 1 O 0 n C 0C U 01 IS | 0 a' — 4* — :h ts 1 1 : : : 1 t 1 i l • » l t 1 1 1 1 * . 1 1 Ai. C: 0C 5> Ci O O « ts y 1- M* ^ % e O 73 H r$ tn 73 re z H 1 : : j » L 05 I »-* 1 > i l 10 1— < 1 re Ci ~4 , : 1 V| C5 3 ; 1 in 77“b ^ 1 ■ 1 Cl 1rj 1 2 2 rj — — 73 »-a 1—i I C’i 3 > 1 . 0 3 >-> a 1 1 Ci O 1 1 r 0 p re X 0 . x - rs i Vi 0 c a Ci « 1 P . 1 O 3 - 0 C isce Fla Sil Cot Wo anu 0 3 • g § P 73 £ SS ^ §^ S? rA O d 2 ~ j T ! i 1 3 PS ; • 1 1 1 1 —i tZ re a 1 1 a 0 os 1 ^e I M 1 ! y is a 0 33 j to CS a- 0 Cl a* CS CD cs a | M a 5* '■» I cc Cl ci O 1 M 1 as ai as as as -a Cl \z 0 as oc a- as as 0 Zz 73 M hi tj m cs d or m O Vj cs rs « as a* as ci oo 10 ts as a* os 1-3 - ^ O M IS IS M IS — OR ^| Cl 05 0 0 00 M y » 0 — ^1 ‘ 01- 10 Vi 0 IS sU C< ci cs ci Ci ro 05 CD CO GC IS C5 0 is » e c y rs tz v. O w do is 0 is w •vl cs w Ml Co H be ►jl O ~r o-V 0'm 73 -1 > CS a a y a C -M a a c* a- o> ao —5 0 0 d 0 *11 ’-a • cs rs cs t s 0 < S O O t s -5 C/» os cs 00 cs >4 A- CJ 1—* *-3 as ~ ^ 3 ^ * <a *3 O v; fV y 4- | ~ t.- 1 a 2 | 1 ^ -* w m •—* bo a a 0 ® OR OC ^ H C5 u a w - Vi j a is O - V- r- (-2 1 54 ! W Ci Ci >- ot a v- a. cc Oe Cl !-“S i i sa. l: 1 - O - M cs o a cc a oc — | 'l A- Ai i CO 1 ^ ^ 0 - juy ^ a 0 a a- 1; a is a m a a a C H y C 0 - : w O 7: u Zc A 1 -1 3 at 03 i 3 y i 1 2 1—• 1 rs ! c: c* ic { — ci C: i - • ; 1 ci y y c» ^1 a a a a a y 1 v c | is a ce ' 2 C v *— . - A-> ~l is Ct -1 h— 1 b a rJi 00 O a *-* a a oi Ci 3 zz c ;7 1 - 0 ! a* 21 A- O 1 *c i 1 — A* 1 C: re be —4 M ! ^ 1 I cr 1 c ] ^ 1 I 3 -* O ( c» zz | ZZ y zc -vj 1 -1 — rs zz y 1 1 1 Vj 1 » 1— cs M ZZ *4 cc rs j j 1 C’l 30 ') 05 cs ci ci y y a a a a -.1 — — , >1 a a m 11 ! ^ ~ 2 — ^ S-g • . ZZ y m CO CO is a A* cs -j OCIDRCSO^ rs r: DC - C 13 O •q *q - i* ci ** C* jo Ci 1 0 -r 33 *4 y. 0 bxc re ^ - -2 c, X - - 1 CS CO OR 03 C3 1 -1 | 05 05 — >5 — r- j CO 1 S DC DC a, - 1 (j a i* h 1 is a a J b — a ^ 1 ! Z —J* — IvS t y 0 y i ■'I DC 05 •—* -i > Qish * 1 S X 7\ M rr 2 ^3 CS -J 1 1 cc y v- 'ICO '1 :s V3 Vi — 03 ~ - - ay a a a a 1 A- IS .-1 CS f is m a a w |j a >—i 2 Cl tz a a 30 5 ‘i 0 a h a Cl C: sUO tz 73 1 ! i ^ “D :r -1 1 z 1 CO w *- ! -r- 0 'C- a M 03 CS CO a is is y a a ■>i oc a 01 *—» -1 1 Ci — a -J O 00 O C* to C r-* Cl C* O 00 4*. cs 1: C f: 2-. y c*« W A. >—• H y l ■X3 ^3^5 re y C-. a be cj IS a O 03 Co 0 vs rs a cs a a 3 3 3 3 c c 4r C> Cl ; 2 j 2- ti H a y do a 1 a h is a jo j as is ci 3 ~i TN 17 ! h* t> ra 0 1 O 3 M Vi 30 a> 03 a- is is u M it* wO it* co 0 y 05 r* j 'fl •J a—» T* -1 - CD a; p4 bs ’as 5 oe * 3 —* ^ M a is y-k Cs 0 IS 1- >-* w Cl c» 2: J 1- -1 as tz 0 a y ! —* y Cl > do » 3 05 c D GC (0 is a a a 0 ^1 *—» 1 -* A- r?4 23 , 1 g' rt! m 1 Z Zz OS a -i «i a m -'i a. | j Cl A' a a a a a- 1 IS A a it a c 0 1 Zz ►—i 3 0 C2 ! j y nj | ! I\5 2- • 1 - -I — IS y 1 1 - X —1 y 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 c« [ m C3 I CS CO CS C3 3 CO -4 CS 3 Cj 1 h— w ~ 3 ^ . ? i z a y y zz \ y 1 -A — c ^5 -vi C a M O •* •c > •y 'J O DiaMi-a.. Z 0 cc ^ JU C'l tz ; DR 3 I CI ! s *—* DR z: . 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 Corrwpohdmwtb: fie tv aw *VI