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Quotation -Supplement (iMiy)

Investors Supplement (o ieiy
wr )
IEntered according to Act ol Congress, in the year 1902 by the W i l l i a m B D a m a

VOL. 74.

com pany.

In the office or the Librarian ot Congress. ]

SATURDAY, JANUARY 11, 1902.

3£he Chronicle.

NO. 1907.
Week ending Ja n u a ry

4

Clearings a t —
1902.

PU BLISH ED W EE K LY.

Terms of Subscription—Payable in Advance:

1901.

1002.

1900.

1899.

Cent

$

Boston..............
Providence........
Hartford..........
New Haven.......
Springfield..........
Worcester.... .....
Portland............
Fall River..........
Lowell............
New Bedford......
Holyoke..............
Total New Bug...

140.781.690
8 066 40O
4,204,fiSS
4 851.112
2,254,376
8 .0 )9 .8 8 3
1.787,057
1 318,128
624 8 04
566.965
458.288

172 299,130
7.608,500
8,776.193
1,788,938
1.703,370
1,608,716
1,637,428
1.151,467
634.434
571,674
485 093

-1 4 -9
-te u
+ 1 1 -8
+ 6 -E
+ 2 7 '8
+ 26*6
+ 1 0 -S
+1 4*6
+8*«:
-0 -3
+-4-1

144,048 823
0,819 904
4,400,980
1,784,289
1,926.23^
1,559 29*
1,488,649
869,050
620.373
487,011
419.773

147,690,842
0 814.400
4.234 283
2.605 421
2,059,000
x,729,871
1,846,914
1,477,601
654,048
031.403
360,000

109,868.204

193.095,507

-1 2 *0

104,421,801

170,062.244

Chicago...............
Oinolnnati...........
Detroit................
Cleveland......... .
Milwaukee..........
London Agents:
Columbus.... ......
Messrs. E d w a r d s <fe S m i t h , 1 Drapers’ Gardens, E. G., will take sub­ Indianapolis.........
scriptions and advertisements, and supply single copies of the paper Peoria................
Toledo...............
at Is. each.
Grand Rapids.......
Dayton ........ .
W I L L I A M B . D A N A C O M P A N Y , P u b lis h e r s ,
Evansville...........
P in e Street, C o rn er o f P e a r l Street,
Youngstown........
1 ......
P ost O f f i c e B ox 958.
N E W Y O R K . Springfield, 1 1
Lexington...........
Akron................
Kalamazoo..........
Rookford............
Springfield, Ohio...
The following table, made up by telegraph, etc., indicates Canton...............
that the total bank clearings of all the clearing houses of Jacksonville, 111....
ulnoy...............
loomington........
the United States for the week ending to-day, Jan. 11, Jaokson ..............
have been $2,538,244,959, against $2,450,358,634 last week and Ann Arbor..........
Tot. Mid. West’n.
$2,660,348,017 the corresponding week last year.

162,831 931
18,845,850
11,782,109
14,966 656
7,668 0 3 i)
7,623 800
5 ,3 1 k ,206
2,625 725
8,267 024
l 660,618
1,238,795
1,026.045
638,217
550,000
470,898
60S 000
494.510
822 802
391,348
410,492
191,726
281,106
414.589
200,000
80 0CO

143.776.780
17,627,700
9.723 177
12.858 838
0.231,473
5,695 500
3,458 182
8,254 384
1,832,006
1.521.882
1,182 414
916 510
325 880
678.818
620 272
326.801
8S8,88t
245.000
887.953
282,333
175,476
265,38s
289,806
160.000
76,000

+14T
+ 4-1
+ 2 1 -2
+1 6 *4
+ 2 3 -0
-+38*b
-t-54’0
+111
+ 7 2 -0
+ 8 -6
+ 4 ‘7
+ 1 2 -0
+ 9 4 -5
— 5-0
— 24-0
+ 7 9 -0
+ 2 8 -0
+ 3 1 -8
+ 8 6 -1
+4 5 *4
+ 9 -1
+ 0 -0
+ 4 8 -4
+83 8
+ 6 -0

137,279,176
10,483,850
8,905,310
11,447.990
0.304,880
5,800,000
4,145,530
2,147,904
2,893 021
1 275,181
l.»8 1 ,6 9 1
1,087,101
310,621
466,265
406,486
357.000
409.773
224,806
274,558
351,78b
172 981
250,000

127,875,822
15,297,060
8,210,009
9.977,960
0,611,419
5,028.800
8,455,217
8,020,420
1.801.384
1,140,908
695 809
751,118
809 967
488 0C9
878,645
2 9 2 .0 : 0
370.678
214,816
274.418
240.000
125,000

243.191,006

210,082 386

+1 6 *8

201,744,177

185,493,118

San Franolsao......
Salt Lake City......
Portland.............
Los Angeles........
Seattle................
Spokane..............
Tacoma................
Helena................
Fargo.................
Sioux Falls..........
Total Pftdflc....

23,034 479
8 300,000
2.683 9 3"
8,638 029
2.776,880
1,271,481
1,120 335
6?2 578
400 709
260 576

19 306 044
3.033.976
2,220 459
2,500,392
1,844 160
l,1 8 8 ,f9 0
1,118,738
560,867
400,000
162.544

+ 8 4 -9
— 9*2
+ 1 8 *8
+ 4 5 -5
+ 5 0 -5
+ 7 ‘1
+ 0 -1
+ 2 1 -5
+ 1 -7
+ S 4 -2

1S.484.304
2.270,166
1876.0CO
1 950.609
1 730 094
1,278,208
815,648
032,998
376,000
100,287

16 966.694
1,934.049
1.893,092
1,800 58S
1,225,000
1,074,472
628.435
588,135
418 400
112,004

42,013 566

82,041 066

+ 2 7 *6

29,608.309

25.640,914

Kansas City........
Minneapolis........
Omaha...............
St. Paul..............
Denver...............
St. Joseph...........
Des Moines..........
Davenport-........ .
Sioux City..........
Topeka..............
Wlohita.............
Fremont.............
Colorado Springs...
Tot. other West..

17,565,251
13,140 740
6 491,703
0,320 720
4 481 320
4,739.427
1 943,836
989,661
1,800,000
1,173,674
577,447
170,834
805 817

16,876.389
11,478,000
6,205 385
6.126 052
8 452.030
3,080 830
1,863,710
1,390,580
1,000,000
900.690
480,708
110.104
566 985

+10 0
+ 1 4 -5
+ 4 -0
+2 3 *3
+298
+ 2 8 -8
+ 4 *3
— 28-8
+ 3 0 -0
+ 2 9 -5
+ 2 0 -1
+ 6 9 ’9
+4 2*1

12,597,800
9 870,838
5,879 986
5 580,306
4.080.253
4,159,797
1,753,217
1,305.745
l.Ofc 9,967
021,781
406,610
128,407

9,852,145
9,807,209
7,005,514
4.805,850
3,183,889
2,820 918
1,479 509
1,074,442
909,814
450,700
478,009
128,483

69.706,090

52,130,044

+ 1 4 -6

4 8 120 701

41,004 318

49 618.177
St. Louis.............
14,790,247
New Orleans........
9 203 010
Louisville............
8,818,500
Galveston...........
5 001,472
Houston.............
8,881 871
Savannah............
4 578 882
Riohmond...........
8.561,531
Memphis.............
2,731,770
Atlanta..............
1,888 980
Nashville.............
1,811,548
Norfolk...............
1,762.236
Augusta..............
780 826
Knoxville...........
1,299.019
Fort Worth.........
1.159,456
Birmingham........
004,000
Macon................
912.341
Little Rook........ .
540 000
Chattanooga........
867 381
Jacksonville.........
Total Southern... 107,080,205
Total all............ 2,460,368.084

40,039,869
10.844 143
8 588 919
4.147,000
8,800,000
8 060,034
4 304 900
3 580 780
2 370.650
1,738 644
1 080.761
1,510.802
780,581
1,082,326
1,000,000
631,000
068 504
290,679
815 530

+ 2 3 -9
+ 4 8 -0
+ 8 -5
— 7*9
+ 4 9 -0
-8 -7
+ 0 -4
— 1-0
+ 1 4 '0
+ 8 -6
+21+
+101)
— 7-1
+ 2 0 -0
+ 1 1 -0
-1 1 -8
+ 8 0 -5
+82 2
+40 9

33.141,470
10.944 022
9 338,989
8 473 400
4,677,080
3,767,795
3 881,351
8,080.358
2 029 476
1,864 724
1,826,180
910,070
041.882
1,069 393
825 000
623 000
634 504
389,860
239 002

80,109,827
12 947,824
9,091,360
3,961,700
8.891,892
2,095,198
3.700.EOO
2,827,669
2,112,485
1,071,018
1 ,1 8 1 1 2 8
718,080
608.880
986,082
675,000
333,000
895 603
814 016
2 39 921

80,887 070

+ 2 0 -1

82.012,007

77,976,022

$

? o r One Y e a r _______________________ ______ ___________ _______ ..$10 00

For Six Months........... ........................................................ 6 00
European Subscription (including postage).... ....................... 18 00
European Subscription Six Months (including postage)......... 7 50
Annual Subscription in London (including postage).............. M 2 14 s.
(Six Mos.
do.
do.
do.
.............. A l l i s .
Above subscription includes—
Th e
T h e

Q u o t a t io n s u p p l e m e n t
In ve sto r s’ Su ppl e m e n t

K a x lw a y Su p p l e m e n t
Cit y Su p p l e m e n t

i s t r e e t

1St a t e

a n d

Terms oi Advertising—{P e r Inch Space.)
Transient matter............... $4 20 Three Months (18 times). .$29 00
STANDING BUSINESS CARDS.
Six Months
(26 “ ).. 50 00
Two Months
(8 times).. 22 00 Twelve Months (52 “ ).'. 87 00

CLEARING HO USE RETURNS.

§

C le a r in g s — R e t u r n s b p T e le g r a p h .
W e e k B n d i n g Ja n u a ry 11.

Cent

1902.

1901.

N e w O r l e a n s .................................................

11,419.828,692
121,088,118
98,683 340
20,057.402
147,788,017
48,388,337
12,071,848

$1,668,070,107
122,911,084
82,183,035
20,794,813
122.912,565
83.832,566
11,443 091

-9 -5
-1 6
+ 1 3 -3
-8 0
+ 2 0 -2
+ 4 3 *0
+ 5 -6

S e v e n c i t i e s . 6 d a y s ............................
O t h e r c it i e s , 6 d a y s ....................................

$1,882,3 00,804
260,103,914

$1,978,463,851
240,107.211

-5 -6
+ 8 -3

T o t a l a l l c i t i e s , 6 d a y s ........................
a l l o i t l e s , 1 d a y ............................................

$2,122,904,718
416,340,241

$2,213,661,062
446.786,956

-4 -1
-7 -0

T o t a l a l l c i t i e s f o r w e e k ..................

$2,638,241,939

$2,660,348,017

- 4 '6

New

Y o r k ......................................................

P h i l a d e l p h i a .................................................
B a l t i m o r e ............................................ .........

P.

The full details for the week covered by the above w ill be
given next Saturday. W e cannot furnish them to-day,
clearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday
night.
We present below our usual detailed figures for the pre­
vious week, covering the returns for the period ending with
Saturday noon, Jan. 4, and the results for the correspond­
ing week in 1901, 1900 and 1899 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a gain of 4’0 per cent. Outside of New York the increase
over 1901 is 7‘8 per cent.
Week ending J a n u a r y

Clearings a t —
1002.
N e w Y o r k ............. 1,025.038,012
P h i l a d e l p h i a .............
I l i u m 843
P i t t s b u r g ....................
42 410 798
B a l t i m o r e ................ .
25,081.530
B u f f a l o ........................
6 310 822
W a s h i n g t o n ..............
2 829.28 )
A 1n a n y .......................
8 868.730
8,612 451
R o c h e s t e r ................
1,731 053
S y r a c u s e ....... ..........
1,450,000
fjr r r a n t o n .....................
W i l m i n g t o n ..............
1,241,240
416,300
B i n g h a m t o n ..............
400 000
C h e s t e r ......................
G r e e n * b u r g ..............
337,399
789 41 r,
W h e e l i n g W. V a ..
888.740
W i l k e s B a r r e ...........

1901.

1902.

4.

1900.

1899.

P . Vent.
$
$
*
1,601,618,292
+ 3 -1 1,140.106 226 M e O , 345,018
+ 0 -9
90,072 076
105 999.008
87,107,205
36,4 0 827
+ 100
25,838.762
26,014 0D8
+ 90
24 101 040
28,390,308
82.788 4 3 “
0.295 256
-1 5 -6
4 910 900
6.288,601
2.903 021
-s ra
2,984 827
3 .1 5 8 7 1 0
3,467,264
+ ii-0
8 842,310
2,300,000
8,078.090
2 029.306
7,435 218
-1 -7
1,021,509
1,041,129
+ 0 -8
1,412 058
1 ,2 -4 944
+ 1 2 -*
1,830 04
1,040,222
+ 18*9
1,080 200
090 895
878,040
449 800
-7 -8
5^8,000
480 700
493.796
-1 8 -8
891 713
270,000
+-7-4
800,000
814,085
N o t I n c lu d e d In t o t ft 1
N o t I n o lu d e d In t o t a l.

T o t a l M i d d l e ......... 1 827 649.906 1,778 900.063

+ 2 -6 1,810 181.504 1,80^.040,440

Outside N. York..
CANADA—
Montreal............
Toronto.............
Winnipeg..........
Halifax...............
Hamilton............
St. John..............
Victoria..............
Vancouver.........
Quobeo...............
Total Canada ...

,

825,820,623

t

2 857.112.320
705.504,084

P.

$

+ 4 *0 1,886 888,005 1,807,025,005
090 280.439

047.279.892

10 424,700
+ 5 -B
16 254 546
14 154 118
12,819 088
13,088 008
+ 1 2 -8
15,721 6«1
2.907.812
+ 4 7 -0
2.530 V08
8 785 023
+ 2 0 *8
1,968 892
2,063 2H0
1.700 000
920.000
-8 0 *3
891,843
1.882 843
098 223
601,275
+1 2 *4
743816
-2 2 *1
020,108
470 005
378 381
003,840
050,292
+4 1 *4
062,701
1,116,076 N o t I n o lu d e d In t o t a l .
80.811 834
89 820,040
85 700 587
+ 1 1 *0

1 3 ,4 0 3 3 3 1
11,987.608
8,096,818
1.700.400
846 009
620 140
633180
080,369

+ 7 -8

38,071.800

T «K

62

(

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[VOL. LXX1V,

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p s d n a a is
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lly x
h o pe
e ru e u b
in u tria c rp ra n in reste in th q e tio o Oa y la t S tu a w s a d a p in e t in
d s
l o o tio
te
d
is u s C . p r
nm u
n
s a rd y a
is p o tm n
lega d m
l o icile is N
ew Y
ork a d a a s h s bnn b s for th sta
n
lw y a a e . a is
ed a
e
rtin of ru o w
g
m rs ith refere
B t w m t h v a in re t if every S te to o e in u trie . V
u e igh a e n te s
ta w e
h re r d s
th
s
ery lik
ely a o th a im
ls
e n u
w h v s b c e s o ld p t a ta o u . Ah w in th N rth est a d e e h re a d r
e a e u s rib rs h u
u
x n s s d yet
no n
e o w
n
ls w e , n
th t w u n t, in th ry d
a o ld o
eo , iffer m teria froms m u o a o e a a s ra
a
lly
mao ee p n b v , g in t
rk d
ilro d a d a a
a s n g i
p p s n md a A a y
ro o itio s a e t lb n .
a y p n o th p rt of s c h ld rs to s p
n
la
n
e a
to k o e
to
th cu
e
ttin of ra s o p y g of re a s h s in
g
te r a in
b te , a
V lu ta a v n e in w g s s e to b th fered to a ex
o n ry d a c s
ae em
e eo e
rd r
n ten w
t ith s c o e tio s O t
to k p ra n .
n
of th d y a o g E s rn ra
e a mn
a te
ilro d . T ey h v th rna d th g era s n
a s
h
a o b eh n , e en l e tim n in fin n ia ci
e e
e t
a c l
m k g m n y in rec t y a ,a d in te d of sp od of ex
a in
o e
en e rs n
s a
e nin
is n e g
trem co fid n e a d th a v n e in
e n e c, n
e da c
it a in d id n s th y h v b e sp n in it s rg e tra d
ll
iv e d
e
ae en
e d g lay C n l ivid d to 8 p r cen p a n m is
e ely
en
e
t er n u
in b
etterm ts a d u in a o e p rk givinlieveder b a fa in ica n of w a is in s re
en
n
s g n th r a in
g h hto e
ig
ir d tio
ht
to
p y to th
a
eir m n L st w e th B ltim re & to k o e in g o p p rtie . At th s m tim
e . a
ek
e a
o
h h
sOcio ld rs
o d ro e
s
e a e
a n u c d a fu er a v n e in w g s a d th b e ke th t th s w o a m s p m en in
n o ne
rth
da c
ae, n
is e ev
is wlie d
a
o e h re o t ro in t
th P n y a ia h s d n lik ise P ttin m n e a a v rs to a y s c sp cu tio a p
e en s lv n
a o e
ew .
u
g orky re d e e
a et
n uh
e la n s
an
e r g, n
a
a ae hd s u
in b
to etterm ts e s re th p s n o c p tio dfa y a a o a d th t m y h v ^ a a m c
en
nu s
e re e t c u av ileo
flu k e s n th g
e c
o era g e o e e t
la o a d in re s s th c p c
br n
c ae
e a a ity of a ro d to m ne a a y in in m d tin th m v m n
a
a
m n y e e w e b s e s b c m s le s a
o e v n h n u in s e o e
s ctive. S a g
h rin
e ivid d o th s c of t
en
n e to k
w
ith la o th p fits a c m a y is e rn g o g hto c a e in th d
b r e ro
o pn
a in u Tte in re s
h
C ne l
e v ry
ew J rs
e ey R ilro d C m a y is th
a
a
o pn
b n fit th s rv e a d a th p s n tim is in e tra of N
e e
e e ic , n t
e re e t
e
a u l
e vo b
o d n
h h
w y a w e ex e d re B t th w g e rn r n tu ld reflex of th fa ra le c n itio s w ic h
a
is
p n itu .
u
e a e a e s o ra
h
rut da
e n ra ite c a tra e d rin th la
o l
d
u g
e
re e b r th t it is th p y g in u try o ly th leh in th a th c
mm e
a
e a in
d s
n
a
s
e e
e hu
a
a
e e r 9
th m a s to s e d la e s m o b
e en
pn
rg u s n etterm ts o lva m n s W s o ld s y th t th y a 1
en twr c n o th .
a ae
e
o t ro p ro s
er x e n e
a rd to a d to th a o n p id th e p y s ; d bt n th m s p s e u ev e p rie c d
ffo
d
e mu t a
e m lo e h th e
d. h
mu t
o l
in
if b in o s e te leg
y c n id ra
isla n o b in iscre th tio th c
tio
r y d
et ae an ra ite tra e T e a o n of c a m e
c n
a e
r
xes
a
n
reced
b S te o e th ro d a a a re u e w s c rta ly fa in e c s of th t of a y p
y ta
ffic rs
e a s re g in d c d to the in
th
s e ts a ls
co d n of in o e c th w re in n t lo g se c — h s a n in o er re p c w s a o m
n itio
s lv n y ey e
o
n y a e T e itu tio
inr.
e ill
ttlem n re c e a th m e ’ st
e t a h d t e in rs
o a p x a g th t co d n th s a n w r.eT e se
r p ro im tin
a
n itio — e itu tio b tte b h
e re
u le
91
re e e . It w s c iefly th p ctice of s cretlyth ttinv u y a a id la o tro b s in 1 0 .
v rs d
a h
e ra
e
cu p gio s e r vo ed b r
p rta
ll, e b o tio
e e n lva
ra s th t s a p d th ro d . To p
te
a wme
e a s
reven s cim ts in t of a th a s rp n of th P n sy
t u ha o n
c
ol ­
n
e cq is
n
th fu re a e rn s effo w s m d b th C a C m a y b th E
e tu
n a et
rt a
a e y e stock o p n y e rie a d th a u itio of
Cn n
tra
ew J rs y b th R a in , a d th m
e e y e e d g n
e
h ld rs to e ta lis a co m n
o e
s b h
m u ity of in
terest b tw e l of N
ee e
a
la n
h h ae en s b h
th
eir p p rtie w ic w u
ro e
s h h o ld in u
s re sta ility rm n u re tio s w ic h v b e e ta lis
b h in o io s
t te s
s
e s lt
c a e . T at certa ly a a q e tio of e u m n th d
h rg s
h
in , s
us n
q a , is
ityo g e ifferen in re ts a th re u of th
ctan e , a e o s le
h te
etter m in n n e of p
a te a c
w o
h lly fa a d d n ib . S te a d In
ir n
efe s le
ta
n
ter-S a g s m d p s ib a b
h h
o rs
u d
e d
C m is io e h v th righ to s e th t c aa eircre s n e w ic of c u e in re to th a
o m s n rs a e e
t
e
a h rgc a m ta c
s u
tah ld ll
e o pn s
n er
e e
te
"ju a d re s n b ,” a d b g s c th sto g oof­a th c m a ie . U d th n w ra
st n
a o a le
n
ein u h e
ck e
d trib tio
iv e d n e tra
ewJ rs y s
e e
e m
rs erely s u h to p
o g t
reven re a s a d cu is g u n d id n s o C n l of N
t
b te
n
ttin .
e e t e
n u . h
e ig e
Y
et, n w if w m y ju ge b th n is m dw th e 8 p r c n p r a n m T is is th h h
o ,
e a
d
y
e o e a e ill b
, e
H IE

F IN A N C IA L

S IT U A T IO N .

January

1 , 1 0 .]
1 93

THE CHRONICLE.

63

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M o S n ic te of C ela d is in its w y q w re n 6 p r c n a d a 4 p r c n w
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lev n
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p rta t v n
a s
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e
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ceed gly ve tu s m g u e of t 5 p r c n a d a 4 p r c n w
in
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a c l a in . h
a e ciled n t
t
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a k n
s
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s p b c u e th
im ly e a s
eir p n h v b e s d a wpg c n B n s a d tru t c m a ie h v
la s a e e n tea ily g 5in r e t.
ro
lo n p t
er c n a th m im m T e
e t s
e
in u . h
in m g itu e a d b c u e th re is a lim to thac d­ a 5 p
an d n ea s
e
it
e e
a
ra c
e a et a
eo e o
ita th t c n b o ta e for n wu d
l a a e b in d
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k g timth t
f aa
n rm l n
o
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re | 5 e e t
ll
d s rip n D
e c tio .
arin th s m e h rd a w e a a d q o tio s a 4 @ p r c n for a
g
e u m r a ly
ek
e
m irty d y to s m n s o g o m
as
ix o th n o d ix
e p e b t th t th
la s d u
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ey a d d o e o tw trol­ d fro th
d e
n
r
o p rio s
lla
l.
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u in s
ley lin s to th
e
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g
c u itio S k x a g
sto
ew g a rin
a s n
ere w
T ey s o e n m re h s tio in b y b e d n in ren in m tu g lo n , a d th
h
h wd o
o
e ita n
u in ea
g n o e
e ek
o e
i
tro
lley ro d th n th o in ry m n d e in b a ino ad m n d rin th w e for m n y for s
a
a
e rd a
a
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u g gd e a d u g
y o
q iry w s n ticed for th
a o
irty d
a
h t o a s it of c th s T ey co tro a b t o o of s very little in u
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lo e . h
n l ll u me th ;
nn
th electric ro d in C ela d a th lin s h s p ly of c m e ia p p r is s w in re s
e
a s
lev n , ll
e
eT in u p
e
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lo ly c a in
n
e
o e e a d
m ca a k n
D
etro a d a o a th s in T
it, n ls ll o e
oled b s e ro d th re is s m d m n fro lo l b n s a d a
o, e id s aa s in
tio s
e terio ch
r,
iefly a th E s
t e a
A ro , & ., & ., w
k n c
o
ith a la e n m e of s b rb n stitu n in th in
rg
u br
u fro a in
um
Rc n re ^ 5 er e t
te
ty
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n
te rb n e .
a
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ten n to aos­ a 4 @ p c n for six to n e -d y
tio
ills receiva le, 4 @ | p c n for p
b
| 5
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rim
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ect th s v rio s lin s a d th y h v b e an oto d b
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e
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bd e
t
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ix o th ’s g
ca
rry o t th
u
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e s
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a e
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x n
n rtu a
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ll
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e looks
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g u d
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x a s e a hs B n
ce
t
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h a le p rt
D rin th la t tw y a , b s e m k g e tea iv u c a g d a 4 p r c n T e c b re o
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ty
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en
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r
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rtu d te c ip
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la
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o
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h x e ne hu
h
x h n e a et a
n a
b u e l in o e c s s W th k trolley lin s ae foreign e c a g m rk w s stro g e rly i
e s fu
th r a e .
e in
e T re
b in u d rta e in to v n re o e a sp
e g n e kn
o e tu s m
irit a e wre , la
n ek
thd a e
ter b c m g d ll a d s a y to firm T
e o in u n te d
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tro g n n a rd y n n o d y a
a
in m n c s s b g c p lized o to s n u e a to e o S tu a a d o M n a w s in p
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ein
a ita
n o a gsin n
d e to a fa in e c a g a P ris o L n o , a
u
ll
xhne t a
n o dn n
bs .
a is
a o to a d m n to rem for m tu g c n c
ls
e a d
it
a rin
o tra ts
T ere w s n c a g in th o ia ra s of d fter nu s a th re w re co p ra ely free o rin
h
a o hne
e ffic l te
is o t
A c uT e d y e
e
m a tiv
ffe
b a y of th E ro o n b n s th w e . T e B n g sterlin , rep en g n w ex h n e lo n
y n
e a pa
a k
is e k
h of lo k
an
g
res tin
e
c a g
a s
of B n a a C lc tta h w v r, a v n e its n te m s le of b n e ’ s o b , w ic , to
e g l t a u , o ee
d a c d a ra s e a s
d o
a k rs h rt ills h h
get
fro 5 p r cen to 6 p r c n a d th B k of B m irly firmra s for m n y ch k th a v n
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e
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ec ed e d a
g n e c . ater in th w e th fea re w s
e ek e
tu
a
b y a o ra e its ra fro 5 to 6 p r c n
a ls
is d
te
m
e e t. in te d n y L
T e s te e t of th N
h ta m n
e ew Y
ork A s c te g a d s q iry for c b s to rem for s ttle e ts T
s o ia d B o kin u
on
a le
it
e
mn .
h
la t w e fa
s e k iled to s o th g in in c s w ic p a of c m e ia b
hw e a
a h hsh w s
up
ly
o m rc l ills a a s c tto w s o ly m
g in t o n a n
ra k
e
e
m a tively few g in
ra
g n ra ex e te fro th e tim te of th e eto’sa d th re w re co p ra
e e lly p c d
m e s
a s
ewe , n

TTTTTTTUIir

d fts O e fe tu of th w e w s th sh m n ith th S b re s ry o e tio s a d go e p rts
ra .
n
a re
e ek a
e ip eWo
t n e u -T a u
p ra n n
ld x o
S tu a of la t w e of $ 0 ,0 0 A erica go ec in lt Is a fo w
a rd y
s ek
60 0
m
n th re u
ld os
s llo s.
to E ro e T e ra s for sig t e o a g o th t d y
u p. h
te
h xhne n a a
Out of
I tit.
Net Change in
Week Ending January 10. 1902.
d n t s e to ju
id o e m
stify s o ex o
uh
p rt, a d th sta
n
e
te­
Banks.
Bank..
Bank HoUUngs.
m n th t th s ip e t w s a s e ia tra s c bank* Interior movement. a. above 111,760,000 16,681,000 Qfln. 16 262,600
e t a
e h mn a
pc l
n a tio w s
n a
a c p d a c rre t. T e fa th t th s a e3nbTreasury oper. and gold exports 21,800,000 90,800.000 Gain 600,006
c e te s o c
h
ct a
e te m rs s il
a
Total gold and legal tender*...... 188,08:1,000 •26,881,000 Gain. $6,762,000
in th w e , w
g is e k ith th ex
e
cep n of th t w ic left
tio
a
h h
h
in
b
d te
e mu t
u n
o T u
n h rsd y fo H vre, w re co p ra
a
r a
e
m a tively s w e follow g ta le in ica s th a o n of b llio
loT, is
n w s rin a u p a
a k.
rep rted to h v b e o e re s n w y m re go thap cip l E ro e n b n s
o
ae en n
ao
h
o
ld e
n t s n to E ro e T e ch
o e t
u p.
h
ief re s n h w v r,
ao , o ee
January 9.1902
January 10,1901.
Bank ef
a p a to h v b e th t, a a o e n te , th re
p e rs
ae en
a
s bv
o d
e
Sold.
Silver.
Total.
Sold.
Silver.
Total.
w s a s p ly of b
a
u p
ills s ffic n to m e im e ia
u ie t
et
m d te
*
*
S
M
M
*
m il re u m n
a
q ire e ts for re itta c . T e A s y
m ne
h
stngland....... 88,625,278
a
88,626,278 29,187,788
20,187,738
rranoe.......... 97,792 209 43,788,695 141,580,901 08.684,179 43,863,898 137.307,577
O e p id $ 5 ,8 9 7 for d m s
ffic
a
77 5 7
o e tic b llio .
u Germany...... 99,407,000 16,148.000 44,666,000 26,113.000 12,037,000
n
33,060,000
G ld received a th C s m H u e for th w ue ........ 69,784,000 8,558,000 76,292,000 78,868,000 6,401,000 80,267,000
o
t
e u to
o s
e R u la ,
ek
A aa-H nng’y. 46,608,000 11,381,000 67,837,000 88,860,000 9,964.000 48,814 000
$ ,2 3
4 8.
Spain........... 14,024.000 17,836,000 81,349,000 14.001,000 10,873,000 80 874,000
Italy............
N m a ra s for e c a g a u ifo ly q o d 16,100,000 2,062,600 18,162,600 16,688.000 1,863,000 17,881,000
o in l
te
x h n e re n rm
u te
Motherland*.
6,742,000 6,291,200 12.083,200 4,908.000 5,694,000 10,497,000
a 4 8 for s ty a a d 4 8 for s h R te for
t
5
ix -d y n
8
ig t.
a Nat. Belg'm.. 8.177,338 1,688.667 4,766.000 3,027,000 1,514,000 4,641,000
s
PoLthl* week 316,107,816 104093062 420.200,877 297,466,917 98,509,393 896,969.316
a tu l b s e s o S tu a of la t w ek a v n e
c a u in s n a rd y
s
e
da cd
Tot. Drev. w’k 116,992,083 104608798l420.498.831 295.862.829 97.787.U8l 898,139,412
o e u rte of a c n for lo g a d for c b s co ­
n -q a r
e t
n
n
a le ,
m
p re w
a d ith th s a th c s o F a to 4 8 $
oe t
e lo e n rid y,
4 @
4 8 $ for th fo er a d to 4 8 $@ 8 for th laH E C O U R S E O F C O M M O D I T Y P R I C E S .
4
e rm
n
7
4 8
e T tter,
e
e ru e u b
o pn, h h
w ile s o ro e o e-eig th of a ce t, to 4 8 $ 4h7tro b s of th C d R b er C m a y w ic
h
h rt s n
h
n
7 @T8 f. u le
la m ll. rd y n c s ita d m a u s for th p tectio
s aa
t S tu a
e e s te
e s re
e ro
n
T e to e w s s n , th u h th b s e s w s s
h
n
a tro g
o g
e u in s
a
tten n a a to th rea tiv
tio
g in
e
c e
O M n a lo g a d s o a v n e o e u rte its cre ito , c ll a
n o d y n n h rt d a c d n -q aof r of a d rs a
m7 e n
o $m
ric s
a y o md s
s e
ce t, to 4 8 $@ 8 $ for th fo er a d to 4 8 v @e t in p e of m n c m o itie . A w
n
4
4 4
e rm
n
is o p n id o
4 8 $ for th la
7
e
tter ; c b s w re o e-e hn e ta d it, th c m a y d n t fall a victim to
a le
e
n igu d rs n
th
vg
p liza n o th b s of a n rm lly h h
tio
n e a is
b o a
ig
h er a 4 8 $ 4 8 . T e m rk
igh
t
7 @ 8
h
a et w s s on
a
tro er-ca ita
p y e . T e c m a y w s h w er, in u e to in
ric s
h o pn
a , o ev
d cd
­
for th g
e rea
ter p rt of th d y clo in s a .
a
e a,
s g te d
ea ily
b e t ric s u h b v
e
O T esd y th
n u
a
ere w s a e s r to e a d s oe t n
a n a ie
n , n hv savery h v in ru b r a p e m c a o e th
rt
d
rec8 $a e g . A fa in th m rk for fin h d ru ­
en v ra e
t
ll
e a et
is e
b
c b s fell o o e u rte of a c n to 4 8 $ 4 7
a le
ff n -q a r
e t,
7 @
e nd
u s reva t s m y a a o p ­
len o e e rs g
re
for th fo er a d to 4 8 $ 4 8 $ for th la b r g o s to fig re p
e rm
n
7 @ 7
e tter; loog
is o in
o in s t
w s o e-e h of a cen lo er, a 4 8 f@ 8 $e T d th c m a y from d p s g of its h ld g a
a n ig th
t w
t
4 4 4v n h
. tee e o p n
en
e m a s mn
n
m rk w s s a y a u c a g d ra s o W d e dn . tiv p e . H ce th e b rra s e t, a d
a et a te d t n h n e
te n e re su yra e ric s
nm ae
e o rts for te p ra p tec n
m o ry ro tio .
O T u
n h rsd y th to e w s d ll a d firm a d theop e l to th c u
a
e n
a u n
, n th a ly a
e np
ee
a in
a
e ru e u b r o ­
a
ltera n in ra s w s in c b s w ic a v n eW n o n t im g e th t th C d R b e C m
tio
te
a
a le , h h d a c d o d o
a yer
t ll p l.
h
t th
era
eigh of a c n to 4 8 $ 4 8 $ F n s w re hnh c s is a a ty ica T e recen ra er gen l
th
e t,
7 @ 7 . ra c
e p ig 's a e
dm r.e in co m rc l p e h s n t c m , a a ru
eclin
m e ia ric s a o o e s
le,
o a fa in e c a g a P ris o L n o . T e a
n
ll
xhne t a
n o d n
h
ith u o e a in , n
e s lt
uh
a ­
k w s firm o F a
et a
n rid y. T e follow g s o s wa o t s m w rn g a d th re u of s c a w rn
h
in
h w d ily
inin o ld a ra
e a tio s ilin b a w ll-m n
g y
e
a ­
p s d ra s for e c a g b s m of th lea g w u n tu lly b c u u sa
o te
te
xhne y o e
e
d g
a e in u tria c n e ,[e p c lly in a c m la n of
gd d s
l o c rn s e ia
c u u tio
d w rs
ra e .
ra m te l. R ctio in p e a a s te ts s c
w a ria
ea
n
ric s lw y
s
uh
DAILY POSTED KATES FOR FOREIGN EXCHANGE.
e te ris s b t it b n m a s fo w it th a n th m
n rp e , u
y o e n
llo s
re te s e
W *D „ THUB., FBI..
M o n ., T u i s FBI.,
T is re e t p
h
cn
rice m vem t d s rv s h w v r,,
o
en
ee e, o ee
Jan. 3 Jan. 6 . Jan. 7. Jan. 8 .j Jan. 9. Jan. 10
s m s e ia n tice o its o n a c u t. At th e d
o e pc l o
n
w co n
e n
85
86
85
86
_ _____ __
5 60 day*. 4 84*
85
Brown Bro*......\ glght:... 4 87*
88
88
88
88
88
of D c b r th L n o “E n m
e em e
e o d n
co o ist,” co p tin its
mu g
86
86
85
86
Sarins,
(60 dayi. 4 84*
66
88
88
88
68
Magonn St Co.. tS igh t-.. 487*
88
s -c lle “in e n m e to p e of 4 se cte
o a d
d x u b r”
ric s
7
le d
86
86
86
86
Bank Brltlih
<60 dayi. 4 84*
85
88
88
88
88
No. America,.. 1Sight.... 4 87*
88
c m o itie , rep rted th fig re 1 4 , w ic c m
o md s
o
e
u
98 h h o ­
84*
84*
84*
65
Bank of
160 day*. 4 84*
85
Montreal........ \ Sight-.. 4 87*
87*
87*
87*
68
88
p re w
a d ith 1 8 a th e d of la t S p m e w
,9 0 t e n
s e te b r, ith
84*
65
Canadian Bank 160 day*. 4 84*
83
65
86
of Commerce.. 181ght~.. 4 87*
87*
88
88
2 2 ay a a o a d w
,1 5
e r g n
ith 2 4 in M rc 1 0 , th
,2 0
a h 90
e
88
88
Heldelbach, Ick- <60 day*. 4 84*
86
66
85
65
85
m x u of th p rio . T e m v en h s b e in
a im m
e e d
h
o em t a e n
elhelmer St Co. 1Sight.... 4 87*
88
88
88
68
88
86
86
86
65
86
I * * a r d F r e r e * . . . { g ^ £ a; 4 84*
fa a ra er n tew rth fea re of th m rk ts of
ct
th
o
o y
tu
e a e
4 87*
88
88
88
68
88
Merchant*’ Bk. 160 day*. 4 84*
84*
84*
84*
ee
85
1 0 . To m n n a few c m o itie w o e m ve­
91
e tio
o md s hs
o
o f Canada......t Sight.... 4 87*
87*
87*
87*
88
88
m n h s b e m re th n u u lly strik g, co p h s
e t a en o
a
s a
in
p er a
T e m rk t c s s a 4 8 f@ 8 $ for lo g 4lo e@ e y a 1 0 w
h
a e lo e t
4 4 4
n , c8s$ th e r 9 1 ith a d
7d
eclin from th y a
e
e e r's
4 8 $ fo s o a d 4 8 $ 4 8 $ for c b s ho ­ ric s of 2 p r ce t in th U ited S te a d 3
7
r h rt n
7 @ 7
a le . C m
igh p e
3 e
n
e n
ta s n 3
m rcia o b n s 4 8 $ 4 8 a d d c m n p rpe ­ in E ro e; s g r h s fa
e
l n a k
3 @ 4 n
o u e ts for c yt
e a
n
u p
ua a
llen 1 p r cen le d
7 e
t; a
,
m n 4 8 $ 4 8 . C tto for p y 8n @ 8 $ o e in lik 8 p r ce t h re a d n a
e t
3 @ 4
o n
a 4 e $ 4 3 s m th g
m3 t
e
e
n
e
n
e rly 4 p
0 er
co n for a c p n e 4 8 $ 4 8 a d g in e t a L n o ; tin u w rd of 3 p r c n b th
tto
c e ta c
3 @ 4 n
ra c fo t o d n
nr
p a s
0 e e t o
p y e t 48 $ 4 8
a mn
3 @ 4
in E ro e a d A erica If th s d c e h d b e
u p n
m
.
e e e lin s a
en
w o a re rn fro a ex g era
h lly
tu
m n ag
ted h
eigh of sp
t
ecu
­
T e follow g g
h
in
ives th w ek m v m n lao n to th a e g level of fo er p rio s th c s
e e 's
o e e ts tio
f
e v ra e
rm
e d,
e ae
wu
in
igh
e
e n o in
m n y to a d fro
o e
n
m th in
e
terio b th N
r y e ew Yo ld b le s strik g; it m t th n m a n th g
ork e s
bns
a k.
m re th n th rea ju tm n of w e t p e , s y
o
a
e
d s e t
h a ric s a ,
a
fter M y 1 9 , o th retu to n rm l v lu s w ic
a 88 r e
rn
o a a e
h h
Received by Shipped by
S » t Intsrier
Week Ending January 10,1908.
is c rta h
e in erea
fter to o c r w
cu
ith c rn B t th
o .
u
e
N . T . Banks. N . T . Banks.
Movement.
o
o y a
e o p ris n in th m rk ts to
o
e a e
14,411,000 Gain. 15,906.00C n tew rth p rt of th c m a
Currency.............. ........................... *10,816,000
1.467,000
G old................................................
1,180,000 Gain.
847,000 w ic
h h w h v c lle a
e a e a d tten n is th t p e a th
tio
a rio s t
e
Total gold and legal tender*...... *11,783.000
*5,681,000 Gain. 16,262,000
e d of 1 0 w re n t o ly re u e th s h vily fro
n
91 e
o n
d c d u ea
m

January

1 , 1 0 .]
1 92

IHE

CHRONICLE.

65__

c ae
m
n o ­
th h h level e rlie la t y a b t w re fa b a w th w a a th t in re s in A erica c n
e ig
a
r s e r, u e
r e re q ite ell w re a
lo u
e
s m tio m s g v ry fa a d c n u very p rs t­
u p n ut o e
r n
o tin e
e is
c s g q o tio s of eith r 1 0 o 1 9 .
lo in u ta n
e 90 r 89
n t,
lly to c u te a n e th s rin a e
o n rb la c
e h kg
M re v r, th re is s m ro mfor a u e t thtlyin o er fu
o oe
e
o e o
rg m n e a in rd
d.
t at n pn us n
th s c m o itie a a y ra , la e fo e a in g no tra e It is a le s a o e q e tio
e e o md s t n
te
rg
rc s n ex ­ rt
d ep
h th­
e re s
p rt
o e
e l p c le h v b e a w rk B
ra rin ip s a e e n t o .
riefly th w itu e th fu m a u of d c a e in ex o of s m
, e s e a r e ll e s re
le
a
en ahd
r ith
tio w s th t a p lo g d s a o of u p ra im o ­ n a
n a
a
ro n e
esn
n a lle d in t rtic s h s yet b e re c e ; fo w
lep rta
c s tra
a e ha
t e d s n s a e ro n
d s
u tria a
l ctivity th u h u th w rld h d p o s d ts m d a e d [a p rio s a lo g a h v g w
ro g o t
e o
a
ren e c
ut m
ee
ds
s lts
e re s
o ­
w
ith u u u l s v rity n t o ly o s p lie , cu to a in th s tra e , re u of a d c a e in c n
n s a ee
, o n
n u p s b s o ry
n
s m,tio re o lw y
m d te . h
,
fa
cilities for p d c n R p a v n e in p uep n a n t a a s felt im e ia ly T ere is
ro u tio .
a id d a c
ric s
m re v r, n th r u s n
rea in re t— h th r,
t te s w e e
u d r s c c n itio s w s legitim
n e
uh o d n, a
ate; it m re o e a o e q e tio of g
eo ly
v
e n rm u
m
n e a d a a ity
m a u d th n c s itie of rea c n u e . e e its ith th e o o s A erica d m n , c p c
e s re
e ees s
l o s m rs Inn w
for fillin
a e a d a
o
irly h v c u h u
ae a g t p
e rlie s g s th a v n e w s h rd e e a m tter o g th t d m n m y n t fa
a r ta e
is d a c
a a ly v n
a
f
ith l
h
p a n
e ae
e
n
d,
s e u tio ; for s e u tio , if u s p o d w reit. T is is a p re tly th c s in th iro tra e
p c la n
p c la n
n u p rte b
y a
wp s
h
us n l a
e o
e s
c n itio s a c m la s visib la e u s ld s pelie a very s b ta tia p rt of th w rk of th la t
o d n , c u u te
ly rg
no
u re .
a
en ah e
n
tru tu l a
T is is ex c
h
a tly w a d n t o c r in co m ix m n s h s b e m c in ry a d s c ra m ­
h t id o c u
m sd o th
o ity
e
ills in id a d o ts e of th g
s e n u id
e rea
t
m rk ts a a w o in th y a p
a e
s
h le
e e rs reced g 1 0 .ria for n w m
in 9 te l
1
ort in
E
very o e k o s w a fo w in th ea
n nw
h t llo ed
e rly ca b a n .
p m of tio s
terfere to
th t y a T e fin n ia a d in u
a e r. h
a c l n
d stria c lla s h t s o a in e c a th s o ld in
l o p T in u h n flu n e s is h u
e a
reve d rth
n
c ae
ric s e
in
o o
G rm n a d R s ia fo w p rtly a a effect a t fu er in re s in p e , w certa ly d n t
e a y n
u s — llo ed a
s n p
isfo n S c c a te a th b
rtu e. u h h p rs re e righ
t­
p rtly for in e e d n re s n b s v re rea reg rd a a m
a
dpn e t ao s y ee
c n in s
tioa
t d rt
e ro re s
d s
n
tio .
F ne a dE g n — s n
ra c
n
n la d in ta tly cu iled th etra a of th p g s of in u try a d civiliza n
rta
e s pe
or s
em ered c n u u m in n n e
, o tin o s a te a c
d m n . C n u p n fro a vo m fa in e cits u t b rem b
e a d
o s m tio ,
m
lu e r Fx e m s e
ric s n e
istin c u s n e ,
g irc m ta c s
of n rm l, s ra k to a fig re b lo th a e g r a v n e in p e , u d r ex
o a h n
u
e w e v rao of a c
e da
a ae
y c u u tin
n
fa o b s a o . C n tru tio of b ild g c te b m d p s ib o ly b a c m la g in o e
v ra le e s n
o s c n
u in s, s n m a e o s le n
co t of
ue as
no
u p s r y rb
­
ra a s a d tro
ilw y n
lley lin s c m to a h lt for w ntro a h g m s of u s ld s p lie , o b a itra
e
a e
a
an l
g o n ro u tio . h
t c u e
a a b ca ita d lin in o e n c m e e a cu
v ila le
p l; ec e
ca
o m rc rily d ttin d w p d c n T e firs re o rs is
n
e o pn r
d
ul h
n e
freigh ra s c u e s ila c s a n in th b a g ro s to th c m a y o in ivid a w o u d r­
t te a s d im r e s tio
e dild eg u
u nin
e eo d
p
u
to e
ro ­
of n w fo
e
reign s ip . E ro e n p d c rs w oe r th s c n is a t to c t in th very p s
h s
u pa
ro u e , ta fo it;
hk s
e b rin la s s n h h
d
en
a y a o m re h d b e s o
e r r o
a e n o verw rk
o ed th t therity d th la o g c s e , o w ic tra e in g ­
a p h of
ey a
e l ,
ro e
. rice rea ju tm t
d s en
virtu lly tu e o er th
a
rn d v
eir c s m rs to A erica e e d for its p sp rity P
u to e
m ra d p n s
tively lo er level is a p c s to b re
w
ro e s
e ­
w re n w s a h g ea e
e
o
e rc in
g rly for a m rk t forto a co serva
a e
th
eir n
a ded
erfect eq a im
u n ity b th c m u ity a
y e o m n
s
s rp s In G rm n th c s g of n m ro s in u ­w
u lu .
e a y e lo in
u e u g rd s ith p
in
e n
e n
a ­
tria e ta lis m n th
l s b h e ts rew o t of w rk grea m s eoof a d it is certa ly th o ly m a s of m in
u
o
t a w s le n
a sh ,
in
m
's p s
o itio in th co p
n
e
m etitive
in ivid a c n u e , w o w e th
d
u l o s m rs
h, hn
ey co ld in g A erica
uta n
o
e tra
ld
o p n s rg n
n a ita
d
lo g e rn w a th e rn d la t y a h d to uu l fie . C m a ie o a ized a d c p lize
n er a
ht
ey a e
s e r,| a n b y
o th b s of p rp tu l m in n n e of th p e
n e a is
e e a
a te a c
e ric s
le s
s.
n a lu e
a s
e r g
a
d e
d s
T is, w s y w s th a tu l s a n T ata d vs m of s le of ay a a o m y fin th rea ju t
h
e a, a
e c a itu tio . h it w o
e th a
u
a
ey h v th m e e o
a e e s lv s r
a s a n m k g legitim tely for lo er p em n p in l; b t for th t th
itu tio
a in
a
w
ric s in t e fu
la e
e o b
ey o ld
c m o itie c n e e w h rd th k a y o e w rg n rs to b m . W d u t if th w u
o m d s o c rn d e a ly in
n th ill a ize
n eir o
e 1
ff ith p e m in in d a a a itra
ric s a ta e
t n rb
ry
dn. B t w
e y
u
ith th u p a a t c a te of b9a y b
is n le s n h p r
1 0n etter o w
p rt
d e tro e , n
eir d m s
o e tic
c s d b th e d g of th y a th m re p level, th
lo e
y e n in
e e r, e o
ertin t eir ex o tra e d s y d a d th
en
le e­
s
ld
e a w u s
q e tio n w is w a is to b th fu re of ths m v u d w to o -tim n rro fig re .
us n o
, ht
e e tu
ea o c t o n
m n ? T is q e tio is co p
e t
h
us n
m lica d , p c e a
te ,
re is ly s
ju g en of la t y a
dm t
s e r's s a n w s rep ted c n
itu tio
a
ea ly o ­
fu e , b th s g la d ren in visib c n itioI L U R E S A S A G A U G E O F B U S I N E S S
s d y e in u r iffe
ce
le o dF A n
s
S T A B IL IT Y .
b tw e E ro e a d A erica T ere is little d u t
e en u p n
m
. h
o b
th t c n u p n of a o t ev
a o s m tio
lm s
ery im o n c h ­ c u b n b
p rta t Tm
o ere o ld e o etter e id n e of th s u d e s
v e c
e o n ns
s
e n
ta s a
e
h it
md
o ity in th U ited S te a th c s of 1 of ina s
e n
ta s t e lo e
9 1 w u trie in th U ited S te th n th ex ib of
0 ds
a th h h st level of th p rio . O iro cn m rc l fa res in 1 0 is u d b R G D n &
t
e ig e
e e d
f
n a m e ia
od
ilu
91 s e
y . . u
s ek
e d
e
t
s e th is u q e tio a ly tru . S a y in re oe p n a th c s of la t w e . R a in th ligh
te l is
nus nb
e
te d
c Cs in y t e lo e
am a
v lu e of p d c n to a u p c d n d w e ly tria m rca tile a d m n fa
o m
ro u tio
n n re e e te of th
e ke
ls e
n
n
a u ctu g c s e
rin
la s s
ac e
e id t
u g e
elve m n s
o th ,
fig re, co in a n w
u
m g lo g ith e u lly c n u u he e b e in th m s of d rin th tw
q a
o tin o s d vline n
in u s ld s p lie o h n , is a p s n of cffare p o of th g e l sta ility of a irs c u
no
up s n a d
o itio
a a r ro f
le irs
e en ra
b
ffa
o ld
w ic te its o n s ry In th m in w b n t th a k d fo
h h lls
w to .
e a
e elieve b e s e
o e
r. A very s v re p n in M y in W ll
ee
a ic
a
a
s a n to b m re o le s s ila s fa a S g e s m s tryin strik in th iro a d s e in
itu tio
e o
r s im r, o r s re a t, a o t
trerd
g
e
e
n n
te l ­
eir a
llied tra e for m n s th a s s
ds
o th , e s a ­
A erica c n u p n in m s o er b n des of s a d th
m
n o s m tio ,
o t th
ra c u trie n
hs
m te ls W
a ria .
ith th very la e em lo m n of inb rn of P
e
rg
p y e t sla tio
ao
resid t M in
en
cK ley in S p m e a d a
e te b r, n n
a d th u d u te p s e
n
e n o b d ro p rity of th la o gin ree , g strin en in th m n y m rk t d rin th
e b rin c cs a in
la s s
g cy
e o e
a e u g e
it w u b s n e if A erica c n u p n ofs qd rte of th y a in th fa of a th s a d
o ld e tra g
m
n o s m tio la fo u
­
to a r
e e r—
e ce
ll
ee n
s ffs clo in a d n c s itie of life in g n rath r re s r a v rs h p e in s fa res it a p a
tu ,
th g n
ees s
e e o w le e d e o a p n g ,
l, ee s
ilu
p e rs
n t ve n a h h n tc for th g n ra n h v re a e a a m im m H d c m e ia
o
ry e r ig
o h
e e e tio .
a e m in d t
in u .
a
o m rc l
T is s te of th g h s in s m tra e b e w a de s p v ile , a s rie of e e ts c u h rd
h
ta
in s a
o e
d s e n e an s re a d
m e
k
e s
vn
o ld a ly
a a u e t for fu er a v n e in p e of a e b e fo n s w ll ca u te to u c v r it a
n rg m n
rth
da c
ric s h o ­e n u d o e
cv
m
lc la d
noe
s
m d s W grea
o itie .
e
tly d u t th w d m of sthh e w h v referred to
o b
e is o
uo a e a e
cs
.
p licy a d a c n
o
, n re o firm d in th t view b th a tio lyzin th s fa re fig re , it w b o s rv d
e
a
y e cn n
A a
g e e ilu
u s
ill e b e e
of th U ited S te S e C rp ra n m n g m no p re w
e n
ta s te l o o tio 's a ath t, c m a d ith 1 0 , th 1 0 a g g te in i­
ea e t,
90
e 9 1 g re a s
d
w ic h s s t Its fa e re o te , e e in th p tee t c s a r lia ilities, b t a little e c s in th
h h a e
c
s lu ly v n
e cre m h m lle
a s nu
b
u
xes
e
k e d m n , a a s th p licy of m rk g u uric s of c s s th n m e b g 1 ,0 2 in 1 0
e n e a d g in t e o
a in n p b r
p me
a e — e u b r ein
1 0
91
a itra
rb
rily S c fa ig te m n fa tu rs a g in e 1 ,7 4 in 1 0 , a d th lia ilities $ 1 ,0 2 7
.
u h r-s h d a u c re
s th st 0 7
a a es
90 n
e b
1 3 9 ,3 6

6(5

THE CHRONICLE.

[V O L . L X X I V ,

First Quar. Second Qr. Third Qr.
Fourth Qr.
Total.
in 1 0 a a s *1 8 9 ,0 3 in 1 0 . T is inF a i l u rss 9 L g in t 3 ,4 5 7
90
h
c ae e
re
u b e r ..1 8 9 3
3,802
2.855
2,792
3,748
18 ,19 7
In n m e a w s a s o
u b r, s e h ll h rtly s o , is n t ofN iamrea............ $47,813,883 $41,026,261$32,167,179 $52,188,737 $173,196,060
hw
o
g
t
L b ilit ie s
*•
Average.
18,577
14,370
11,528
18,924
13,124
Im o n e It n t b in a
p rta c ,
o e g ttrib ta le to th u fa ra
u b
e n vo ­
N u b e ..
2,784
2,868
8,979
13,885
b in id n w h v m n n d it is ra er in mp rie s1 8 9 4 . $84,137,833 $87,595,973 $29,411,196 $41,849,864 $172,992,856
le c e ts e a e e tio e ;
th
a ........... 4,804
rt
L ia b ilit
Average.
14,900
18,761
10,028
10,172
12,468
a fe tu of th o in ry w rk g o t of b s “e s
a re
e rd a
o in
u
u in s
b ..
8,202
8,199
4,016
4,826
15,242
c s a s in p rio s of co m rc l b o a c .L iaT e rie s1............. $47,838,800 $121,541,239$82,400,821 $95,480,520 $846,779,889
a u ltie
e d
m e ia u y n y N u m ilita 8 9 3
h t
b
14,784
37,984
20,420
10,770
22,751
is to s y th re a a s a a d w c n u to b
a, e
lw y
re n
ill o tin e “ Average.
e
fa res; th s a a d d to in tim s of u u u lT e ­ regoin d c s s th t a a d m re th n a
ilu
e e re d e
e
n s a co fo
hn
g is lo e
a ll n
o
a
fid n e b c u e m n ru h in b s e s thth w ore s in n m e of fa res in 1 0 fell in t
e c, ea s
a y s
to u in s
e e in a e
n hc
n br
ilu
91
h v n ca a ity for It, a d in p c s of tim th t q a
ae o pc
n
ro e s
e firs in­ rter of th t y a
ey u
a e r. W
ith th t fea re in m
a
tu
in
evita ly fa victim to a e h u tio of re o let s e re d r ru h e e o er o r s m a of h
b
ll
s
n x a s n
s u eth
rc — a e
n is y
v
u u m ry
a
th im a
e
p irm n of fin n ia stren th a d lo s p n g a d c n itio s (ra
e t
a c l
g
n
s of vi­ s n
e in
o d n
ilro d S ck E ch n
a , to
x a g
ta
lity d tin fro th s rt in b s e s F a coe m rk t, &
a g
m e ta
u in s . in m n y a e
l o l­
c.,) in J n a , F ru ry a d M
a u ry eb a
n
a
la s is in len
pe
gth of tim a va b in en va 0 , g
e
ria le cid t, 1ryingiven in th ronicle s w e (J n a 4
C
h
la t e k a u ry ),
91
e
in g o p rt a
o d a
cco in to th a o n of ca itaapst6 a d 7 H
rd g
e mu t
p p gu
l e
n . avin d n th t, h w b im re
g o e a
e ill e
p s
in th c n e . T at th
to e o c rn
h
ere w re a few m reith th fa th t th s m n s co ta n e c s
e
ow o
f e ct a
o e o th
n in o x u e
th s firm e h u te in 1 0 th n in 1 0 h s ws T ey w re n t o ly b o in m n s b
ee
s x a s d
91 a
9 0 fa , re . h
a
ilu e
e
o n
o m g o th , u
hn­
o n n s n a n vetera
te
re e t, n rela n w a er to u fa o b dp e pm n lly s ; a d n le s o e w s a in
pa
o
tio
h tev
n v ra le eveloo e a
n c u e p d cin in o en c u h v d
o a s
ro u g s lv cy o ld a e evelo
p
m n in th t y a
e ts
a e r.
S m m t b in
o e igh e clin to a
ed
ttrib te th in rem in c s rro n in s T e fa res fallin in th
u
e c a sid s h u u d g .
ae u
h
ilu
g
qn rte
u t o s q e tly
o s e b
te
n m e of d a te in 1 0 to th c s r m ue r m s c n e u n , to a c n id ra le ex
u br
is s rs
91
e lo e
o ay
ae
d rs
tre is efo
91
m rk t a d d c
a e n
is rim a n in lo n d rin recenb e c s s of tra e in ex m b re 1 0 b
in tio
a s u g hv ten ae
en
ut ae c u d
m n s T e n m e of fa res m y h v b Sn ins e ia ev t evid tly m s h v o c rre
o th . h
u br
ilu
a
a e e o e p c l en
em
a
is n itio ; its p s n e is
n
re e c
s m s a m a u a d d to fro th t c u 1 0u h h cre ted th co d
o e m ll
e s re d e
m a a s 9b t ic
e 0w
,
e
t u rter of 1 0 , b t a
91 u l
th t th s a d n m d th a rega n mv r forn t o ly in th firs q a
a
o e d itio s a e e gg
te u bio s o n
eu,
e s
ree q a rs of 1 0 . W a n
u rte
90
e re
1 0 la
9 1 rger th n in th p v u y a c n o b of th la t th
a
e re io s e r a nin a
t ll
e
erm
o b
a
a
e
n h h
a c p d W a s u o t fro a y s c in p re. d to d u t th t it w s th electio , w ic w
c e te .
e re h t u
m n
u h terp itte
e a e a d a s s
86 n
h
ta n b th fa th t th D
tio
y e ct a
e ecem er to l a b tw e th s m c n id te a in 1 9 a d w i
b
ta n eth n
d e
asio
e ld s e
a a
e ec
la t q a
s u rter’s to l in 1 0 — h n th s e ia ten ano te t o
ta
91 we
e p c l w s c n s ver th o is u , th t g ve th d i
c
u in s
evelo m t in 1 0 a d s e
p en
90 n p
from m n y o c rre , a d h n e w e th t c ss w s to b s e s d
o e cu d n
e c
h n a a ee a k
ut-b a
flu n e
d in
e ilu
e
o era g— re le s in b th n m e a d lia its fin l in e c in a d g to th fa res in th fi
p
tin
a
s
o
u br n
b
ilitiesa
91 h
d r ill o
a
th n in 1 0 ; a d w
a
90
n , ith th ex
e
cep n of 1 9 u o e of 1 0 . T e rea e w n tice th t for eve
tio
8 q ,a n r
9 rte
bd
s e r 9 1
e ta
w u h v to g b c a grea m n y a to u s q e t q a
o ld a e
o ak
t
a y e rs s fine u n u rter of la t y a (1 0 ) th to ls
ilu a
b
e
ah ae s
a
s a r to ls fo th m n o for th la t q a fa ths a d lia ilities w re in e c c s le s th
m lle
ta
r e o th r
e s u rter re n n
in 1 0 . A m m n c n id ra n of th ra in 1 0 .
91
o e t's o s e tio
e
te for0
s 9
e
era
d stria situ tio is f
l
a n
lo n a o d c u g s th th u h th t th c Cs d e c In th gen l in u
a s ls is o ra e
e
o g t
a
ey a oefid n e
un
thins
e tre g e e
e o
ten ed th e a in t
d
e x m a
c m e ia fa re . T ere h s b
o m rc l ilu s
h
a
een n d
o iscrimr a u th n d th m re ex
­
b
a e
b e e e lie t o
tio in th m n y m rk a a s m rca tile of th a o e ta le is m d . O s rv th sa n p in
n
e o e
a et g in t
e
n
c de b v
re it,
h
ot
l e rs e
a d n tim w e m rc a ts c u n t h v o ta ed o p tio . T e m s critica y a w re
n
o
e hn e hn
o ld o a e of the c m ila n
b in
en
83 n 86
ah
e o b
s e
a c m o a n lo er th n o a th lega ra e ; e ­tly 1 9 a d 1 9 ; e c is m m ra le a b
c o m d tio
w
a
r t
e
l
tevidn
th d te
ea
ggle for o r cu
u
rren s n a
cy ta d r
tire c n e c h s a th tim b e felt in legitim a of a life stru
o fid n e a ll e
e en
te
f in rs 8 3 a
b io s
ao s e cai
b s e s a d e te ris . T ere h s b e d O c u e 1 9 w s for o v u re s n th o c s
u in s n n rp e
h
a e n iscrim o ­
a
d s
s u re
o t.
e e
e
tio , b t it h s b e a a s co o te m n g h e t u in u trie s ffe d m s W w re th n
n u
a e n g in t
rp ra
a a w e no r
e n
m
e rin
a mn
u
ta d rd
of in u tria , a a s b d p o , a a s p n a g g silver p y e ts fast; o r gold s n a
d s
ls g in t lin
o ls g in t eggin
a a ot
s
n une a
a
p e , a d th lik
ric s n
e
e. B t co fid n e in th g wera lm s lo t. Its co tin a c w s a m tter
u
n e c
e en s l
n
e c n
e 80
in u
d stria s a n h s rem in , w o t inof m n s o ly if th a tio of th 1 9
l itu tio
a
a ed ith u
terruo th
p
s e b ws n t s y d P
ilv r ill a
o
ta e .
resid t C v la d
en
le e n
tio , u s a e .
n nhkn
um
t
a a
n
o ;
e ill
ea g
e
F rth
u erm re, th t th s a a d n to th fou ­ th t b ttle a d w n th b rep lin th
o
a
e m ll d itio
e n gh
o e ge
e 8 0 w a a s d cto er
b r of fa re in 1 0 h s n sig ific n e a ev inn e c u e of th 1 9 la w s p s e O b
e
ilu s
91 a o
n a c
s cid ac la s
y e resid t o th first d y
en n e
a
of a le s fa ra le in u
s
vo b
d stria s a n o of th 1 9 a d s n
l itu tio r
e 8 3 n ig ed b th P
preva­
b
h
pa
o ev
o g
len of a y le s a s rin in e c s is m d N v u er. T at re e l, h w er, th u h it relieve
ce
n
s s u g flu n e ,
a e oo io s
bvem
a
lly s u s q e t ilu
h
th u h a c m ila n of a q a
ro g
o p tio
u rterly sta mth of a n m teria a s b e u n fa res s o
te e t s
ne itu tio
cu
s re e rea ry ld s rv
h h
fa re . In th follow g th re rn a ca o d n t re to th T su go re e e w ic t
ilu s
e
in
e tu s re
rrield o
lre d
o ed b re th rep lin a t w s
efo
e
ea g c a
b c to 1 9 , a d for e c of th n e y a th ilv taa a y c in
ak
83 n
ah
e in e rs s tor ls
e e
n ud
n a g r.
a given of n m e of fa re , of a n a lia p s e h d s a re a d co tin e to e d n e
re
u br
ilu s
n ul
b a s d a c tte d n
ilities,
u in s
m in d is rb d
q ire
e 8
a d a o th a e g of th a n a lia ilities. b s e s re a e d tu e . It re u d th 1 9
n ls
e v ra e
e n ul
b
s g le b re th co n
tru g
efo
e
u try c u get in co d
o ld
to n itio
Fa il u r e s —
F irs t Quar. Second Or. Third Qr. Fourth Qr.
Total.
N u m b e r .. 1 9 0 1 .
3,835
2.424
2,324
2,919
11,002
to re p in fu th b efit g in in 1 9 . In eed
a
ll ^ en
a ed
83
d
,
L i a b i l i t i e s ............ $31,703,486 $24,101,204 $24,756,172 $32,531,614 $113,092,376
“
Average.
9,506
9,943
10,652
11,145
10,279
w s n t u til 1 9 , w e a farth a v n e a n t
a o n
8s hn
er d a c lo g
N u m b e r .. 1 9 0 0 .
2,894
2,438
2,519
2,923
10,774
s m lin s w s e ta lis e b th electio of a m j
a e
e
a s b hd y
e
n
a
L ia b ilit ie s ............ $33,022,572 $41,724,835 $37,119,996 $36,628,280 $138,495,673
“
Average.
11,411
17,114
10,766
12 531
12,854 ity of th m m e
e e b rs of th S n te a w a th H u
e e a
s ell s e o
N u m b e r .. 1 S 9 9 .
2,772
2,081
2,001
2,483
9,387
in fa r of s u d m n y th t th field b c m c
vo
o n
o e, a
e
e a e le
L i a b i l i t i e s ............ $27,152,031 $14,910,902 $17,640,972 $31,175,984
$90,879,889
“
.Average.
9,795
7,165
8,816
12,55*
9,733 for u fettered in u
n
d stria p g s ; fro
l ro re s
m th t d y
a
a
N u m b e r .. 1 8 9 8 .
3,687
3,031
2,540
2,928
12,188
o r e e ie a d re o rc s h v b e d
u n rg s n
su e
a e e n evelo in , u
p g
L ia b i l i t i e s ............ $32,946,565 $34,498,074 $25,104,778 $38,113,482 $130,662,899
"
Average.
8,936
11,381
9,886
13,017
10,722
in
terru ted ex
p
cep in a s a m a u a d for a fe
t
m ll
e s re n
N u m b er. .1 8 9 7 ,
3,932
2,889
2,881
3,649
13,8 5 1
m n s b th electio c n a s in 1 0 , a a a
o th y
e
n a vs
9 0 s lre d
L i a b i l i t i e s . . . . . . . . $48,007,911 $43,684,876 $25,601,183 $37,038,096 $154,382,071
x la e .
“
Average.
12,209
15,121
8,886
10,150
11,559 e p in d
N u m b e r. . 1 8 9 6 .
4,081
2,995
3,767
4,305
16,088
W
ith th s w ll-k o n fa ts reca
ee e
nw
o
lled o e is in p
, n
L iab ilities ........... $57,425,135 $40,444,547 $73,284,640 $54,941,803 $236,096,134
itio in
n telligen
tly to s d th a o e ta le a d
tu y
e bv
b
n
“
Average
14,246
13,504
19,607
12,762
14,098 s

January 11, 1902.]

THE CHRONICLE

07

e
n p rta n ro e
s
e n
ta
co
rrectly to in
terp
ret th t rec rd of fa res Itrgillt tra s o tio p p rtie in th U ited S t
a
o
ilu . la w s
h
e ile
a n h h
e p ra n
e
b s e th t th lia ilities a th s a s in T9 1 o s of ro d o w ic th O e tio s in th r
e en a
e
b
re e m lle t
1 0 mf
p n m a e re ver n e th u a d (th fig re J
in
o s n
e
u
u
a y of th y a g
n
e e rs iven ex
cep in 1 9 ; th t th o ua ­ b s d a o
t
89
a
e rt re
0 10
,0 7
ile
ith 5 6 m s of
,3 5 ile
b r in 1 0 is lik ise s a s ex
e
91
ew
m lle t cep in 1 0 3 n 9 1 b g 9 1 m s) w
t
9 0 a d in ein
river en c a
e.
u
rg
o g
ee u
1 9 . A to 1 0 , w h v a a y s o n th t tha d o e n lin s B t la e th u h th s fig r
89
s
9 0 e a e lre d
hw
a
e d
ver th e tire m a e co tro d
e n
ile g
n lle
le s n m e is w o d e to th fa th t ab o th y d n t co
s u br
h lly u
e ct
a
g,o e o o
h e
e c
e ila V lley G b & N rth
a
lo e
o ern
m n of th victim its d tu in co d n Ta s d o n of th G
a y
e
s
is rb g n itio s c u a c u ts
y o ­
n
io
ra s s a s y re
w re left o e to d a d b c u te in 1 0 ; th .c n th S n A ton & A n a P s R . a
e
vr
ie n e o n d
9 1 Re a d e a
n is o
h
d s 1
ile
o
d n of th la s y a c n e u n
itio s
is te t e r o s q e tly c n ktp ee a te a d d tin t. T is a d 8 3 m s m
a n e bs p ra
o t
a
ile g .
d itio
e o th rn
c a e w
h rg d ith c u in th d m e of th s d re th . ra
a s g e e is
e e eto ts
lic e ilro d m a e In a d n th S u e
a
e e d o e d y e p rt,
It is q ite d
u
ifferen w
t ith 1 9 ; th s p rio recocific, d rin th p rio c v re b th re o a
89
e u e r P rd of u g
u ­
ire
nw ,
n l
e a
a te
th t y a c n b n s rp e for it w b rem d a is k o n co tro of th P cific M il S a
a e r a
e o u ris ,
ill e q em , s
h h h
0 2
ile
a r
e
b re th t 1 9 fo w th firs y a (1 9 ) in w ico p n w
e d a 8 9 llo ed e
t e r 8 8 s ip C m a y ith its 1 ,8 1 m s of w te lin
erefo
re, th
ere a 9 3 m s of ra
re ,8 0 ile
ilro
it h d b c m p s ib to s c re th fu fru Aof geth
a
e o e o s le
eu
e ll
its ltoth er, th
e
a d 1 ,1 6 m s of w te lin s o 2 ,0 6 m s c
n 6 8
ile
a r
e, r 6 1
ile o
c n s b g n in 1 9 .
o te t e u
83
gg
te ro s c ip
e a u
It is u e l to s d th s fa
s fu
tu y e e cts a d to b c btin . T e a rega g s re e ts of th v rio
n
e o in d
n eu h
s
e te
c l e r e
v
in
o s m d l of th m for th
u ly in fu
e ,
ey tell u w a ro e rtie in th la fis a y a w re o er n ety
s h pth e
t p
ey a e
u
co n
u try h s g in in a in u tria w y a d m w it d lla ($ 0 8 ,0 1 a d th e rn d a s
a a ed
n d s
l a , n hillio
o n o rs 9 ,1 2 0 ), n
luw
xes
e h rg s n rd a
p t
h s g in d it. N o e is p
a a e
o n
erm
itted to d u t n s in e c s of fix d c a e a d o in ry o era
o bp o
x
mu t
1 ,2 0 7 — m h h
th t th m k g of o r d lla w rth a d lla p p n e in a o n of $ 4 8 ,8 9 fro w ic t
a
e a in
u o r o
o r e id a s
a e s
n e
e an d n
p
h n re fo . It w s a p in s c re a n th a esw g in a id a of th m g itu e a d im o
u d d ld
a
o t e u d lo g relin r ill a
e de
c y e o th rn a
o b a n
h
n
of th t u iv rs l tru th t h n s is th b sap e of.th S u e P cific c m in tio . T e U i
a n e a
th a o e ty
e e t n lic
o
a
h h n l
e o th rn a
S m d c e to a c p th t o m x . T eyP cific itself, in w ic co tro of th S u e P ci
o e e lin
c e t a ld a im
h tell u
s
o n
e a e c l e r
clu in
it is n t tru in b s e s o in p litic . T is n w re ts e rn d in th s m fis a y a (in d
o
e
u in s
r
o
s
h c u ­s , a e
th n e
e re o
a
tio
n
e
try’s ex e n e h s e ta lis e it a o e of th fu p ra n of th O g n N viga n a d th O
p rie c a s b h d
s n
e e od tio s
n
4 ,5 8 8 ro s
a e ta . It h s th s p s e b y n th s h o S o L e) o ly $ 3 3 ,1 1 g s .
m n ls
a
u asd eo d
e p gre of rt in
en h
T e in o e a c u t inth rep rt, a a a y s t
h
c m co n
e
o
s lre d ta
a u e t u in th re lmof c ro rie .
rg m n p to e a
o lla s
d e n t e b c th o e tio s of th tw s a
o s o m ra e
e p ra n
e
o ml
ro d m n n d o of th P cific M il S a s ip
a s
e tio e
r
e a
a
te m h
S O U T H E R N P A C IF IC R E P O R T .
C . O th t b s g s re e u s from o e tio
o
n a a is ro s v n e
p ra n
O in to th p s u o o r c lu n o c aio $d ,2 4 9 , w ic is a in re s o er th y
w g
e re s re n u o m s c a re e 7 4 ,8 8 h h
s n7
n c ae v
e e
re e
k g e s lts r e re io s e r
b th e te s e ta le of p e a d a n a p ie d g (ta in th re u fo th p v u y a
y e x n iv
b s
ric s n
n u l revc win
e te e r— a
ith th H u to
e o s n
w ic w a a s in o o te in th firs n ma re a for th la y a th t is w
h h e lw y
c rp ra
e
t u se o s
bm f
th y a w w re u a le la t w e to m k s Tc a C n l s s m fo erly k t s p ra , in lu
e e r, e e
nb
s ek
a e p ee fo e tra y te , rm
ax sr
ep e a te
c d
a a a s of th rep rt of th S u e P cific C le­ th n 8 m
n n ly is
e
o
e o th rn a of n s
om
o s a | illio d lla — 8 5 ,0 0 $ ,0
n o rs $ ,5 5 8 ; 2
p n , th u h w g v u a U
a y
o g
e ae p
rge n m e of p8 e of th in re s c m fro th p s e g r d a
u br
a3 s in is c a e a e
g3
m e a s n e ep
o r ra
u
ilro d d p rtm n to th p s n tio ofe t. E p n e w re a g e te $ ,1 3 1 , sti
a
e a
e t
e re e ta n m th
ne x e s s e
u m n d 4 4 ,8 7
lea in fa ts a d ta le a p a g in th rep rt. vine h w v r, $ ,4 1 6 in re s in n t e rn
d g c
n
b s p e rin
e
oleaT g o e e
h,
4 1 ,2 3 c a e
e a in
d c m n is h w v r, of u u u l in rest o h is a $ 8 4 ,8 1 for 1 0 0 , a a s $ 3 3
ou e t , o ee
n s a
te
n thh re 2 ,1 6 7
w ic
9 0 1 g in t 2 ,7
0
h v ra e
gth of ro d o e
a p
o c s n b c u e of th c a g in th o n rs 7 for 1 8 -1 0 . T e a e g len
c a io , e a s
e hne
e w e 6 ip o 8 9 9 0
h
f
th p p
e ro erty w ic o c rre d rin th y aa a d a 8 5 m s a a s 8 1 m s T a i
h h cu d u g
e e r, d w s ,6 5 ile , g in t ,2 5 ile . h t
ten
it de e e ca fu c n id ra n
s rv s re l o s e tio .
w
ith 5 3 p r c n in re s in ro d th re w s
5 e
e t
c ae
a ,
e
a
T e rep rt is in th u u l e b ra fo , c 1 ta5 ­ e c n in re s in g s e rn g a d 1 ’
h
o
e s a la o te rm o 2 inp r e t
n’4
c ae
ro s a in s n
8
c ae
e
a in s
clu in
in 7 p g s (folio size), w ic in lu e a th p-p c e t in re s in n t e rn g . In d g
g 6 ae
h h c ds
re e a e
e r gn
is
te ro s
c m
in e . T e o e tio s a d fin n e a givenm c lla e u re e ts a rega g s in o e w
dx
h p ra n n
a c s re
w ea n o s c ip , gg
ith
1 te­
ot
p rta t ct, h w v r, d
o ee
wa
e lth of d il a d a c a e s a d fu e s of8 ta0 ,6 2 T e m s im o n fa
eta n
le rn s n
lln s $ s ,1 7 7 . h
o
a
hw
u lu
m n th t le v s little if a y in to b d s c fro b th rep rt is th t it s o s a s rp s for t
e t a ae
n th g
e e ire lo em y e
d sd
th s n p in of eith in esto o th p b . elve m n s in th s mof $ ,4 6 6 ,R fte m
e ta d o t
er v
r r e u lictw h
T e o th
e u
3 5 ,5 0 a r ee
m tter is a n e , to , in th b s p s ib m n hr, e ^ n s e d g n le s th n $ ,8 4 0
a
rra g d
o
e e t o s le a c e rg s a d p n in o s
a na
ll
a
6 0 ,6 9
th m th d of th tra ed a c u ta t b g b tte e ts a d n a d n w e u m n It h n
e e o s
e
in
c o n n ein every­ n , d itio s n
e rm
e
q ip e t.
e
w e vis le w ile u n c s a tech ic litiep aa th t w o t th s e ia p v io fo b
h re
ib , h
n e e s ry
n a a p re
s e rs a ith u
is p c l ro is n r ett
sk
ilfu
lly a o e . B rrin th P n s lv n m n , & ., th s rp s o th o e tio s of th
v id d
a
g
e e n y a ia R il­
a
e ts
c
e u lu
n
e p ra n
e
ro d th re is n o e c m a y in th co n twh ee o th w u h v b e o er ten m
a
e
o th r o p n
e u try wlvs m n s o ld a e e n v
eo
illio
n
e e t n e 1
a irs e b c s m n s p ra c rp ra no a rs $ 0 6 ,1 9 e u l to 5 p r c n o th $
ffa
m ra e o a y e a te o o tio d lla d
s n — 1 ,2 1 6 , q a
4e 8
o th rn a
o p n to k
p p rtie , m k g th p b m of p s n g8 7 re8 of S u e P cific C m a y s c .
ro e
s
a in
e ro le
re e tin th ,7 ­
s lts in a in
u
n telligib a d yet c m re e s e m h e o is very fra k a d s te th t a c n i
le n
o p h n iv
a nr
Tn rep rt
e
n , n ta s a
o s
ra le
e c a in a iD s h u
b n m a s a e s o e A d n w e e e w b a p rt of th in re s g e rn g s o ld con
y o e n n ay n. n
o h re ls , ee m y a
e evo
ted to a th p y ic l im ro
w rd e h s a
p vem
e
s y a th s re u m n m re s c e s llytint. to b d
a , re e e q ire e ts o
u c s fu mu
ee
T e Ila
h
rrim n u n L eb & C ., o U io P cific ro e
a -K h , o
o
r n n of th p p rty a d a d n th re . T is is n c
a e
n d itio s e to
h
ee
p o le m s b cred
e p ,
ut e
ited w
ith h vin ex
a g
ecus ryait is a e d in o e to b g th p p rtie
ted ,
a
v rre ,
rd r
rin
e ro e
s
m s r s k w e th
a te tro e h n
ey a q ire co tro of th e h h s n a
c u d
n l to th ig
e
ta d rd of th o er tra s o tin n
e th
n -c n e t
Su e
o th rn P cific. T is is s n t o ly b c ulin s s m of w ic w re b ilt in m re re e t y a
a
h
o o n
e a s th, o e
eee
h h e
u
o
cn e
o tlo k for th t p p
u o
a ro erty s e s a th m m ot h ne h d e p n e o th m la e s m in re o
em t
e o e r uv a x e d d n e
n a­
rg
u s
c
u u lly b
s a
righ a d b c u e p s e s n of th s tru tio a d for a d n , d rin re e e h s
t n e a s o s s io
e s mch s n
a e a
n
d itio s u g
c iv rs ip
e s re to th U io P cific th co tin a cLof its u y w a o b n c s a , it is d c re ,
nu d
e n n a
e
n u n ea
rge o tla s ill ls e e e s ry
e la d
o tlet o e th C n l P cific to S n F n isb , b u th rollin s c to m re re e t s n a
u
v r e e tra a
a
ra c crin u p e
o gt
g to k
o
c n ta d r
a o b c u e th S u e
ls e a s
e o th rn P cific is a a y of ca a ity a d e o o ic l w rk g e ie c .
a
lre d o an c
n p
n c n m a o in ffic n y
e ta lis e foot'n a d a a in e e d n p p b io s w
s b hd
g n , s n d p n e t roOrty u ly ith a ex e d re o t of e rn g o
e v,
n
p n itu
u
a in s
c n titu s in p in of m a e a d in o e o’ e e rlye e e m
o s
te
o t
ile g n
c m nnof th s v n illio d lla in a s g y a a d w
a
n o rs
in le e r, n

68

THE CHRONICLE.

an expenditure for the same purpose of $1,386,189 upon
capital account, it ought not to take very long to
briog the property up to the required standard. It
should be noted that entirely apart from these special
outlays the ordinary oharges for repairs and renewals
have been increasingly liberal in recent years. Of the
$4,143,817 augmentation in operating expenses during
the year, already ref erred to, $1,902,960 occurred under
the heads of maintenance of way and structures and
maintenance of equipment. The expenditures for main
tenanceofway and structures averaged $1,161 per mile
of main and second track, against $1,080 for the year
preceding. The Atchison in 1898 and 1899, when its
outlays were unusually heavy, spent respectively
$1,194 and $1,091 per mile of main track, but in 1900
and 1901 spent only $865 and $824. On the equip­
ment the Southern Pacific’s ordinary expenses for the
late year averaged $2,439 per locomotive, $825 per
baggage, express and postal car, $745 per passenger
car and $61 per freight car.
That the property is being worked with increasing
efficiency is manifest from a number of things. Thus
the rail lines were operated at 62-85 per cent of their
gross receipts in the late year, as against 64’59 per
cent in 1900—this, too, notwithstanding the increased
cost of fuel. There has also again been an addition
to the average train load, which has been raised
further 16 tons, bringing it up to 305 tons per train
mile. It is well to note that, as only an average of
77 locomotives had been changed during the year to
burn oil, there was only a small saving on that ac­
count. Quite a number of locomotives, however, are
now being changed to burn oil, and the report states
a considerable saving is expected henceforth.
There was a net addition to the funded debt during
the twelve months in amount of $15,814,923, but in
the year the company acquired the Pacific Mail
Steamship Company, as already noted, and spent
$5,606,410 in the construction of new lines, &c.
We also observe that the item of loans and bills paya­
ble which appeared in the balance sheet for June 30
1900 at $7,406,768 has been reduced to $800,000.
Both physically and financially, therefore, the prop­
erty seems to be in good shape, with its standard and
efficiency being steadily raised, and with the manage­
ment intelligent, progressive and far-sighted.

[Y ol. LXXIV.

Funded loan
oj 1 9 0 7 , 4 %.
Principal.
Apr. .
$6,160,060
2,883,100
M a y .............
Ju u e.............
3,950,550
July .............
918,300
Aug...............
2,346,500
B e p t .............
5,869,750
O ct ......
969,250
Nov...............
4,072,450
Dec................ 3,138,400

Accrued
interest.
»6,735 68
12,877 57
31,246 21
1,228 08
12,100 63
48,537 72
909 95
19,645 92
28,920 39

Net
Premium.
$828,350 09
380,958 87
515,167 37
118,325 72
297,298 83
749,720 37
119,730 65
495,780 68
374,964 79

Total paid.
$6,985,13577
3,276,93144
4,496,96358
1,037,85380
2,655,89946
6,668,00809
1,089,89060
4,587,87660
8,542,28618

Total....... $80,208,350 $162,202 15 $3,880,292 37 $34,340,844 52
Loan of 1925, 4%.
Sept............... $8,860,600 $16,304 60 $3,512,617 34$12,419,521 94
O ct .............
4,897,100
34,901 11
1,923,938 89
6,855.94000
Nov................
6,508,350
8,677 64
2,551,960 73
9,068,98837
Deo................. 2,430,750
10,221 21
950,723 10
3,391,69431
Total....... $22,696,800 $100,104 56
Loan of 1904, 5%.
May .............
$441,600
642,700
J u n e.............
J u l y ..............
350,100
A u g ..............
175,950
286,600
Sept...............
O ct .............
16,000
Nov................
805,400
Deo.................
169,900
Total....... $2,878,250

$8,939,24006 $31,736,144 62

$1,367 85
3,44193
3,161 59
649 53
1.675 42
132 53
1,647 88
878 65

$37,899 08
63,917 60
28,733 28
18,877 59
22,478 62
1,195 09
57,033 29
10.973 82

$480,86693
700,059 58
381,99487
190,47712
310,75404
17,32762
864,08117
171.75247

$12,955 88

$226,108 37

$3,117,31375

RECAPITULATION.

Aggregate
Purchases.
Apr................
May .............
Ju n e.............
J u ly .............
Aug...............
Sept...............
O ot .............
Nov...............
Dec................

Principal.
$6,150,050
3,325,940
4,883,530
1,665,020
2,836,010
15,673,970
5.943,470
11,960,820
5,783,370

Aecrued
interest.
$6,735 68
14,247 70
35,804 57
6,577 00
13,185 35
98,781 82
36,252 38
30,322 08
40,213 44

Net
Premium.
$828,350 09
418,959 20
593,811 48
180,596 11
337,304 54
4,339,518 75
2,049,871 77
3,151,191 87
1,340,988 44

Total paid.
$6,985,13577
8,759,14690
5,513,14605
1,852,19311
3,186,44989
20,112,27057
8,029,59415
15,142,33395
7,164,57188

Grand total.$58,222,180 $282,070 02 $13,240,592 25 $71,744,842 27

CLE ARIN G S A N D S P E C U L A T IO N I N 1901.
Very naturally the records of bank clearings for
1901 partake of the character of the business con­
ditions which prevailed in that year. The volume of
trade during 1901 was of unsurpassed magnitude.
Stock Exchange speculation, too, far exceeded that
of the most active previous year. At the same time,
the year was marked by the carrying through of finan­
cial undertakings of huge dimensions—the organiza­
tion, for instance, of the United States Steel Cor­
poration, the purchase by the Hill-Morgan people of
the Burlington & Quincy, the acquisition by the Harriman-Kuhn, Loeb & Co. interests of the Southern
Pacific, etc., etc. Under these circumstances, it was
TREASURY BOND PURCHASES IN 1901.
inevitable that the totals of clearings should rise to
We have obtained from the Treasury Department
previously unequaled proportions. The extent of the
at Washington, and print below, a statement of the
expansion will nevertheless be a surprise, we imagine.
bond purchases by the Secretary of the Treasury for
It furnishes striking testimony to the phenomenal
each month of the late calendar year. The compila­
activity which distinguished this period of twelve
tion is arranged so as to indicate the amount of each
months.
class of bonds bought and also so as to show sepa­
It is hardly needful to say that the increase in
rately the premium and the accrued interest on each
clearings has been especially marked at this centre,
issue. Purchases began in April, and it will be seen
where so muoh of the country’s speculation and so
that from that time to the end of the year the Secre­
many of its financial operations are carried on. Here
tary bought altogether $58,222,180 of bonds, par value,
there had been a falling off the previous year in the
for which he paid $71,744,842, $13,240,592 of this rep­
aggregate of exchanges as compared with the ex­
resenting premium and $282,070 accrued interest.
traordinary total of 1899—13 4 per cent decrease. For
Loan o f
Accrued
Net
1901 there is an increase over 1900 of more than 50
1908,3%
Principal.
interest.
Premium.
Total paid.
May .............
$1,240
$2 28
$106 25
$1,34853 per cent. Even outside of New York, however, where
J u n e.............
290,280
1,116 43
24,726 51
316,12294
the clearings in 1900 had held their own, there is a
J u ly ...... ......
396,620
2,187 33
33,53711
432,344 44
For the whole country the
A u g...............
313,560
385 19
26,128 12
340,07331 gain of 16-5 per cent.
Sept..............
657,020
2,264 08
54,702 42
713,98650
addition has been 37-5 per oent, whioh follows a
Got. .............
61,120
308 79
5,007 14
66,43593
Nov...............
574,620
350 64
46,417 17
621,38781loss of 8*5 per cent in 1900, but a gain of 36 6 per oent
Deo................
54,320
19319
4,326 78
58,839 92 in 1899, of 20*2 per cent in 1898 and of 11-7 per oent
Total....... $2,348,780
$6,807 93
$194,951 45 $2,550,539 38 in 1897.

THE

J a n u a r y 11, 1902.]

CHRONICLE.

In amount the 37 6 per cent addition of 1901
represents an increase of over 32 thousand mill­
ion dollars, which figure will probably impress the
reader more forcibly than mere words could do.
The grand aggregate of the clearings for 1901 is 118£
thousand million dollars, as against 86 thousand
millions in 1900, 94 thousand millions in 1899, 69
thousand millions in 1898, and 57 thousand millions
in 1897. It will be observed that the total for 1901 is
more than 100 per cent greater than that for 1897,
only four years before. As a matter of fact it is
almost double the amount of every year preceding
1898—which shows how rapidly the country's activi­
ties have been expanding recently. The following is
the clearings record back to 1880.

69

For the New England group the increase is 155 per
cent, for the Middle Western 16*4 per cent, for the
Far Western 11*8 per oent, for the Pacific 17*7 per
cent and for the Southern 18-2 per cent. Here is a
table, showing the clearings by groups for every
quarter of the last five years.
Clearings Reported.
(000s omitted.)

F ir s t
Q uarter.

Second
Q u arter

Third.
Q uarter.

Fourth
Q uarter.

T o ta l
Y ea r,

$
$
*
t
$
(1901. 19,011,550 24,828,103 10,058,014 18,034,419 70,427,080
18,440.508 13,067,702 9,892,526 10,227,406 52,034,202
1900.
New York................... 1890. 16,148,474 15,881,751 13,178,774 15,557,793 00,761,798
1898. 10,024,500 9,280,198 9,902,793 12,104,232 41,971,783
(1897 7,021.688 7,120,471 9,223,105 10,055,803 33,427,027
(1901. 2,279,886 2,702,200 2.229,867 2,485,973 9,697,435
1900. 2,007,372 2,175,027 1,880,665 2,177,107 8,240,281
Total other Middle.... 1899. 2,112,341 2,146,800 1,027,770 2,104,201 8,851,271
11808. 1,528,042 1,502,000 1,440,210 1,080,677 6,168,128
(1897. 1,236,013 1,250,015 1,384,007 1,507,838 5,876,468
C LEARIN GS.
(1001. 1,995,056 2,178,400 1,887,098 2,030,108 8,090,727
1000. 1.795,091 1,732,101 1,507,440 1,975,971 7,010,608
Per Ct.
Per Ct.
Clear­
Per Ct. Total New England... 1899. 1,965,307 2,019,332 1,919,739 2,104,807 8,009,146
| New York
Total
Ino. or ings Outside Inc. or
Ino. or
Year.
1898. 1,581,960 1,421,211 1,442,218 1,781,702 6,227,091
Clearings.
Clearings.
Dec.
New York.
Dec.
Deo.
11897. 1,374,075 1,422,479 1,479,868 1,608,103 5,879,525
1001........... $79,427,685,842 +50-9 $89,093,148,706 +16-5 $118,525834548 +87*5
(1901. 2,025,167 2,912,131 2,838,460 3,158,876 11,534,624
1900........... 52,634,201,865 — 13'4
1900. 2,438,806 2,508,586 2,353,761 2,607,565 9,008,718
33,571,486,818
+ 0 -5
86,205,688,083
-8 -5
1809........... 60,761,791,901 +44*8
33,416.297,332 -{-23*9
94,178,089,233
+30-B
Tot. Middle Western. 1899. 2,290,987 2.348,000 2,285,840 2,581,022 9,505,855
1898........... 41,971,782,437 +2 5-0
1898. 1,859,866 2,029,190 1,830,430 2,183,941 7,907.866
20,959,415,287 +12-6
68,931,197,724 +20-2
1897 .......... 33,427,027,471 +15-8
1897. 1,420,915 1,593,833 1,709,788 1,974,702 0,099,238
23,894,945,735
+ 6 -4
57,321,973,206 +11-7
1898......
28,870.775,056
-3 -3
22,463,156,383
-4 -2
51,333,931,439
— 3‘7
(1001. 433,886 469,001 495,920 574,891 1,973,707
1895.......... 29,841,796,924 +22-3
23.430,494,490 +10-1
63,272,201,414
+16-6
1900. 376,210 402,194 423,375 475,328 1,677,110
1894..........
24,387,807,020 -220
21,157,303,037
-7 -6
45,545,110,050 — 15-9
Total Pacific............... 1899. 327,431 302,036 400,848 452,473 1,548,787
1893........... 31,261,037,730 — 14-7
22,962,270,278
— 9-4
54,223,308,008
— 12‘5
290,542 350,244 1,248,835
1898. 299,975 308,074
1892........... 36,662,469,202
+ 8 -6
25,348,638,020 +1 0-8
62,011,107,222
+9 -5
,1897. 215,959 237,990 287,359 336,272 1,077,580
1891........... 33,749,322,212
-9 -9
22,987,037,805
-0 -8
56,736,360,017
- 8 ’4
1890...... .
ri901. 038,520 670,329 721,692 865,844 2,905,885
37,458,607,609
+ 4 -4
23,165,332,888 +14-2
00,023,940,497
+ 7 -9
1889........... 35,895,104,905 +15-4
1900. 581,658 637,898 634,482 744,435 2,598,473
20,280,223,091 + i o - o
50,176,327,996
+13'4
1888........... 31,100,027,521
- 7 -1
18,441,607,367
++3
49,541,634,888
—
3-1 Total other Western. 1899. 493,261 531,092 579,304 693,723 2,207,979
1898. 451,419 510,194 477,159 024,111 2,062,883
1887........... 33,474,556,268
-0-6 17,072,972,826 +13-2 51,147,529,094
+ 3 -8
.1897. 370,782 408,029 430,380 561,136 1,770,383
1886........... 33,676,829,612 +19-6
15,616,891,606 +17-2
49,293,721,218
+18-9
1885 ......... 28,152,201,330
-9 -1
13,321,839,708
+0-8 41,474,041,044 -6-1
1901. 1,103,091 1,180,105 1,080,642 1,430,343 4,890,271
1884........... 30,985,871,170 — 17-2
13,214,113,613
-7 -6
44,199,984,783
-1 4 -0
1900. 1,053,757 930,063 897,670 1,254,856 4,130,346
1883........... 37,434,300,872 -20-2
14,297,171,924
+ 2 -4
51,781,472,796
-1 5 -0
1809. 903,233 863,339 855,422 1,081,261 3,703,255
1882........... 40,916,955,031
-5-0 13.962,286,579 - 0 - 9 60,878,241,610 -+•0 Total Southern....... 1898. 867,218 760,498 716,172 981,714 3,325,602
1881..........
49,370,882,888 +27-9
14,094,506,361 +23-9
63,471,389,244
+27-0
1897. 750,714 097,461 700,127 931,499 3,091,801
1880........... 38,014,448,223 +32-1
11,875,400,000 +2 2 -4 1 49,989,848,223
+29-7
(1901. 20,070,594 34,944,425 25,318,302 29,186,514 118525835
1000. 21,609,481 21,453,501 17,590,920 25,402,727 86,205,689
The gains extended through every month of the Total all......................( 1899. 24,235,994 24,153,009 21,153,712 24,635,374 94,178,089
11898. 17,213,070 15,812,055 18,110,633 19,706,521 68,902,188
year, there being no month recording a lower total
11897. 12,395,046 12,736,284 15,220,730 16,009,913 57,821,978
than the corresponding month of 1900, either with or
riooi, 9,165,044 10,121,322 9,259,688 10,552,095 39,098,149
without New York. During the first ten months, Outside New York ■••• ] 1900. 8,252,913 8,385,859 7,697,394 9.295,321 33,571,487
1sno 8,092,520 8,271,258 7,974,938 9,077,581 33,410,297
when comparison was with diminished figures in 1900,
1898. 0,588,519 6.531,857 6,207,740 7,602,289 20,980,405
11897. 5,373,458 5,609,813 5,997,625 0,914,050 23,894,946
the percentages of increase were very heavy, ranging
1801. 418,988 474,108 473,787 529,780 1,896,669
from 25 to 75 per cent. In November and December,
1900. 372,411 391,958 385.348 436,572 1,586,889
395,913 393,450
1,027,322
when comparison was with increased totals in 1900(the Canada................ .— ■ 1899. 388,348 324,690 337,202 419,611 1,387,582
377,697
1898. 347,987
re-election of President McKinley having at that time
247,780 278,785 306,794 350.693 1,184,053
L1807.

occasioned a revival both of speculation and of busi­
ness), the percentages of gain were more moderate.
M O N T H L Y C LE A R IN G S.

Clearings, T o ta l A l l .

C lea rin g s O u t s id e N e w Y o r k .

M on th .

1901.

January. ..
February
M arch.......
1st quar..
April........
May..........
June..........
2d quar...
6 months.
July..........
August....
September.
8d quar...
9 months
October...,
Notember.
December..
4th quar..
Tear........

In the C h r o n i c l e of Saturday, January 4 1902, we
gave a detailed statement showing the figures for the
last two years at each city. There are only four places
in the whole country which, for one reason or another,
fail to have an increase over 1900. In the following we
furnish a four-year comparison of the totals for
the leading cities—for December and the full twelve
months.

1900.
P .C t .
1901.
1900.
P.C t
$
$
t
$
10,716,440,805 7,643,048,256 +40-2 3,315,325,982 2,978,468,861 +11-3
8,368,808,924 6,482,824,388 +29+ 2,735,214,309 2,486,293,289 +10-0
10,003,589,738 7,625,740,697 +31-2 3,116,749,004 2,790,289,267 +11-7
B A N K C L E A R IN G S A T L E A D IN G C IT IE S .
29,078,839,10: 21,701,619,191 +84-0 9,167,289,336 8,266,051,417 +11-0
12,010,428,193 7,472,974,161 +80-7 3,373,639,617 2,750,727,208 +22-4
1901. 1900" 1899. 1898. 1901.“ 1900. 1899.
(000,000*
12,826,972,748 7,310,832,516 +75’4 3,500,540,863 2.838,686,466 +234
%
$
*
om
$
$
$
$
10,106,778,513 0,607,610,610 +51-6 3,244,908,258 2,793,408,269 +10-1 Se-w itted.).. . 6,316 5.9V7 5,348 4,652 79,428 52,634 60 7 6 *
Y o rk
609
557 7,192 6,180 7,086
593
560
Boston.........
84,948,179,464 21,461,428,276 +02-0 10,119,070,228 8,383,720,032 +20-7
600
615
573 7,756 6,800 6,612
718
Chicago___ „.
64,021,018,919 43,168,042,467 +48-4 19,280,366,583 10,638,772,840 +16V Philadelphia
431
437
390 5,475 4,678 4,811
460
152
141 2,271 1,689 1,638
164
225
.
9,866,718,351 6,266,080,134 +49-7 3,283,788,320 2,704,365,200 +21-4 9t. L o u is .... ..
92 2,048 1,616 1,528
144
127
173
P ittsbu rg
7.986,144,108 .5,707,829,101 +89-9 3,066,596,238 2,523,040,688 +21'1 B altim ore...
99
100
97
98 1,192 1,084 1,210
93
72 1,178 1,030
971
88
7,966,438,816 6,626,611,148 +41-5 2,919,806,200 2,469,088,614 +18-1 San F r a n ’oo.
105
74
71
56
973
796
748
82
Oiuoinuati...
26,818,802,867 17,589,920,386 +43-9 9,259,688.924 7,697,394,302 +20-3 K an sas City.
59
49
775
81
918
648
82
73
56
53
604
557
458
74
89,889,821,286 60,742,962,853 +47-1 28,540,064,457 24,386,160,051 +17'3 S e w O rlean s
31
462
425
413
39
37
41
L o u is v ille ...
680
63
56
50
626
540
72
9,581,618,614 7,621,319,823 +25-1 3,581,096,003 3,045,087,643 +17-6 M inneapolis.
519
46
38
566
703
51
61
9,848,800,618 8,768,997,164 +126 3,480,081,349 3,054,067,751 +14-1 C le v e la n d ...
575
38
428
415
37
31
59
9,806,090,180 9,082,408,848 +8-0 3,490,316,297 3,185,274,773 +11-3 Detroit........
30
326
335
82
26
349
30
Providenoe..
287
26
27
25
298
328
31
29,186,613,262 25 162,725,880 +14-6 10,652,004,849 9,235,320,107 +13-2 M ilw au k ee..
317
297
331
27
26
31
27
O m ah a........
118,626834648 66,205,688.683 +37-5 30,098,118,706 83,671,486,818 +10-5 Buttalo........
259
253
22
20
304
23
28

When the different cities are arranged in groups ac­
cording to their location, a pretty close uniformity is
found to exist in the percentages of increase—barring
the Middle group, where the inclusion of New York
makes the percentage large, namely 46*4 per cent.

24
23
12
19

840
260
136
228

270
247
120
217

261
239
136
178

37
27
12
19

26
23
10
18

T o t a l........
Other oltles..

9,336
470

8.669
413

8,017 7.051113677 81.898 90,845 65,748
311 4,849 4,807 3,833 3,183
362

T o ta l a l l...
Ontelde N .Y .

9,806
3,490

9,082
3,135

8,879 7.362 118526 86,205 94,178 68,931
3,031 2,710 89,098 38,571 33,416 26,909

C olum bus...
St. P a u l.......
H a rtfo rd ___
D e n ve r........

19
23
10
14

*1898
$
41.972
5,426
5,517
3,672
1,455
975
940
813
646
585
436
347
460
389
347
265
262
320
216
209
221
124
151

THE CHRONICLE.

70

Ou the New York Stock Exchange, as every one ib
aware, dealings daring the early months were ou an
unparalleled scale, the speculation eventuating in the
M iy panic, la April the sales on the Stock Exchange
aggregated 41,719,086 shares, as agaiust 54,654,096
shares for the full year 1896, and on April 80 all rec­
ords for a single day were broken in a total of 3,281,226 shares. After that the volume of business fell off,
bat still remained more than ordinarily large. We
subjoin the monthly record for the two years.
1900.

19«N.

U om n

V u m i-e r
>t Shares.

V alu es.

P a r.

1

Num ber
it Shares.

A ctu a l.

Values.

P a r.

A c t u a l.

1

1

»
10.885,065 2,911,531,850 2,081.745,875 9,843,716
940,681,487
687.248,018
718,077,507
1,998,822. 8,136,037,450 .,578,947,695 10,105,802 078,723,985
:7.0a0,908 8.624,011,150 1,097,984,688 14,446,7 »2 1,400,033 650 1,101,018,407

Jan
r«b .
M a rch

1st q r 79,348,846 7,661.480,150 V758.677 661 14,485,890 3.333,238,962 2,600.938.092
A p r il... 41,719.086'4.089.407,800 1.515,023,887 14,772,978 1,434,106,700
903,298,900
M a y .... .41,292,803 3 140,179,575 .683,101.469 9,610,473
704,924,650
J u u a ... . 9,795,612 1,930,755 550 1,609,649,867 7,808,687

KALE* OF FLOUR, WHEAT, &C., AT N EW YORK PRODUCE

977.081,461
610.4H .418
455.082,864

2d Qr. 96,806,90119,460,342,925 7,707,774,623 11,601,138 3,041,830,250 2,042.065,248

EXCHANGE

[Tw o ciphers (00) omitted from the figure %
for Wheat, Corn,
Oats, Bariev and Rye.]
V ic a r .

Bbls.
1st q u a r te r , ’ 0 )

058.800
’00 972,840
’09 1,110,410
’98 954,050
*•
’ 97 810,700
710,200
Q u a rte r, ’ 0.
“
>00 837,900
“
’ 99 906,240
“
“
"

3

C o rn .

Bush. 1 Bush.
128,258.0; 14,4 58,0
147,141,0| 14,584,0

O a ts .

Bush.

B a r l’ y
& M a !t

R ye.

Bush. Bush.

405,0
7.1*1,'
80,0
0.898,8 1.46 ,0 212,0
4,629,0
240,0 809,0
7,932,0
902,0
950,0
7,821,0 1,081,0 1,015,7
32.0
818,0
0,840,'
471,0
794,'
7,081,0
020,0
9,890,6 818,0
300,0 4,250,6
12,145,0

18,085,0
20,621.0
14,315,0

210,270.0!
257,769,0
223,588,0
830,174,0
401,289,0
213,800,0
234,801,0
141,055,0
103,380,01
434,528,0
200,470,0
239,708,0

28,270,0
85,879,0
31,550.5
43,817,0
24,043,0
27,170,0
84,086,0
30,104,0
81,506,o
88,298,0
18.085,0
22,803,0

11,612.0 2,500,0 1,331,6
7,751,0 1.190,0 1,808,0
10,824,0 1,488.0 1,828,0
526,0
8,160,0
44,0
150,0
7,2-0,0
3-0,0

140,175,0 19.853,0
180,103.0! 40,894,0
’ 97 1,109,5901 *50,457,0 34,820,0

4,199,6 1,735,0
149.0
5,501.0 1,002.0 ! 1,904,0
10,332,0 1,177,0 1,915,0

’ 08 814,275
’07 1,274,15
1 th q u a r t e r , ’ 01 557,100
“
’ 00 751,700
“
’ 99 963,800
**
’ 08 1,060,800
“
"

“

W h e a t.

155,027,0
216.747,0
200,006,0

“
’96 840,45-'
“
’ 07 1,203,160
02,250
•3 q u a r te r , ’01
’ 00 705,000
“
’ 09 041,000

•A LA S OF 8TOOK8 AT N E W TO BK STOCK BXCHAM OB.

[Vol. LXXIV.

T o t a l 1901....... 3,037,850
T o t a l 1903....... 3,348,340
T o t a l 1809---- 3,981,440

742,027,01 8 2 ,9 4 -,0
933,969,0 1- 8 ,3 1 ’ ,0
660,445,0 107,058,5

788,110,0 142,867,0
T o t a l 1898....... 3009,575
T o t a l 1S97....... 4,403,600 1,280.290,0 107,385,0

10,601,0 2,012,0 1,800,0
7 ,’ 12,0 206,0 800,0
94.0
8,126,0 710,0

T o ta l.

Bush.
153,342,000
174,170 680
1-8,840,980
250,151,285
288,073,850
239,981,400
905,709,550
272,828,580
403,564,625
440,075,220
252,452.125
341,798,660
197,501,320
149,304,287
493,109,075
229,736,950
2:3,863,050
170,443,000
184,927,600
809,973,155

29.868.0 1,167,0
748.0 869,516,075
«H ,*80,* 8,340,0
927,0 1,096,532,330
5,353,0 2,975,5 824,085,480
30,387,1'
83,829,0 4,108,0 8,900,6 994,247,687
50,578,0 0,358,C 0,024,7 1,477,321,900

a m o s .. 176065716 17181883.375 I34d646 8,884 68,087,023 0.374,569.212 1,640,604,235
6.034,688 1,677,408.450 1,815,378.002 6,210,493
J u ly ...
832,061.498 4,020,654
A u g u s t 10,778,021 1,065,517,350
S e p t... 13,990,195 1,380,178,850 1,087,337,681 6,169.938

699,842.700
393,267,760
490,938,600

401,407.206
230.987,409

3d qr. 10,780,8-M 4,018,104,650 4.114,778,081 15,421,118 1,490.039.060

939,808,421

9 aioa

301,498,746

316842630 21.131028015 16,581280341 81,503,136 7,864.608.202 5,480,487,660

706,305,917
O c t ... 14,036,082 1.871,786,450 1,049,723,424 10,895,083 1,002,757,300
N o v . . . . 18,314,062 1.748.173.357 1,459,015,487 22,585,386 2,189,781,325 1,477,503,887
16,750,985 1,595.101,000 1.311,086,291 23,411,629 2,25 »,609,225 1,575,987,048
D ec—
4 th qr. 4 ). 102.020 4,71=.,000,-00 4,849,-3 ).206 53,872,048'5.507,097,850 3,759,797,453
T e a r . 265444869 25,84998-4825 20.431,0 40551 14838 >184 13,371706112 0,24 9.2-6.100

For the twelve months the sales foot up roughly
266 million shares, which is nearly double theftotal of
138 millions for 1900, and compares with 176 milliou
shares for 1899, the previous maximum. In 1897 the
sales were only 77 million shares.
NUM BER AND V A LU E OF SHARES SOLD AT N E W YORK STOCK EXCHANGE.

Y ea r.

S to c k s ,*
S h a res .

A v ’g e
V a lu e s +
P r i c e ( a p 'r o x im ’ t e )

S t o c k s ,* ; A v ’g e
V a lu e s +
S h a res .
P r ic e (a p ’r o x l m ’t e )

Y ea r.

1 9 0 1 .... 205,944,059

790

$20,4 s19 50551

1 3 91 ....

69,031.689

1 9 0 0 .... 138,380,184

69-3

0,249,385,109

1890

71,282,8.85 ; 60-2

9,977,664,193

1899

73-6

13,429,29 ',715

1889

73,014,600 ; 61-0

4,059,231,891

176,121,135

1 8 9 8 .... 112,609,957

72-7

8,187,413,085

1 8 9 7 ....

77,324,172

67-0

4,973,553,005 1887

1 8 9 6 ....

54,654,003

65-2

1 8 9 5 ....

66,583,233

00-3

1894 ...

49,075,032

64-2

3,094,942,769

.

57-1

$3,312,247,419

62-5

3,539,510,143

84,914,610 6 1 T

4,508,778,899

3,329,969,940

18S6___ 100,802,050 65-6

5,885,662,200

3,808,338,604

1 8 8 5 ....

92,538,947 64-1

5,479,859,840

1884 .. .

96,154,971 61-77 5,939,500,000

18 88 .,..
..

1 8 0 3 ....

80,977,839

60-3

4,550,260,916

1 8 8 3 ....

1 8 9 2 ....

85,875,092

63-5

4,874.014,262

1 8 82...

05,179,106

64-51

6,260,809,961

116,307,271 6 0 1 2

97,049,909

7,689,453.486

* The sh a res of stocks w e take from the reoord Kept by the J o u r n a l o j
C o m m e rce for the years 1882 to 1884, inclusive; since 1885 the totals

are onr own compilation.
t The values of sales, except fo r the y ^ r 1882 (figures made up by
T h e P u b l i c ) are our ow n compilations.

It remains to add that the bond sales were also of
unusual volume, the dealings in railroad and nrscellaneous bonds being 1994,235,400 for 1901, against
$569,159,000 for 1900, $826,711,400 for 1899, $888,747,630 for 1898, $529,843,960 for 1897 and $363,158,820 for 1896.
As to the mercantile Exchanges, there are no records
for the Cotton Exchange. Even in the case of the
Produce Exchange no official data are kept. In this
last instance, however, we have made up the following
from the figures given from day to day in the daily pa­
pers, and this ought to fnrnish a pretty close approxi­
mation to the actual result. Notwithstanding the
speculative activity which prevailed at times in the
graia markets, as a result of the corn-crop shortage,
the combined total of spot and option sales for 1901,
it will be seen, is only 869,516,075 bushels, as against
1,095,532,330 bushels for 1900 and 824,685,480 bushels
for 1899.

H O W SOOH B A T T L E S H I P S
A N TIQ U A TE D .

BECOME

In the last week of November a violent storm caused
wreckage along an extended line of coast, and perhaps
few readers of the tale took note of the performance
of a little sub marine boat which, as a test of staying
power, sank in Peconic Bay at the eastern end of
Long Island, and remained down fifteen hours, the
inmates eating and sleeping comfortably. Although
the top of the turret was submerged only six feet,
they report that they knew nothing of any storm
until they rose to the surface and encountered rough
water. The captain's claim that a crew could stay
down three months if sufficiently provisioned can be
largely discounted without impairing the success of
the endurance test, and the incident appears to us to
possess a deep significance.
The present United States navy is the creation of
the last few Administrations. Some of those who
noticed the process deplored it as a waste and an
anachronism, believing that the position of the coun­
try relieves ns from all need of attacking and all
danger of being attacked; bat the event proved that
universal peace had still to wait and justified those
who had undertaken to make the country a first-class
naval power. By becoming such, as well as by prodigi­
ous development generally and good statesmanship in
unforeseen situations, this country has become also an
international Power and a world Power. The new
chapter is fully entered, and there is no retreat. The
policy of warlike readiness must be admitted sound—
fortunate in result if not due to exact foresight. Until
the day which perhaps none now living will see, the
Golden R ile in diplomacy must derive its effect
largely from known force behind it.
A battle royal is proceeding between gun and armor.
A new armor-piercing projectile promises to make all
plating useless; than a new surface-treatment brings
up arrears and promises to ba the equivalent of a far­
ther thickening of plates; then comes another step in
development of high explosives, and so on, recalling
the old paradox of an irresistible foroe enoouuterlng
an immovable obstacle. Tnere has been no couolusive
practical test. The late war was too one sided to fur­
nish any, and since neither side is at the end of its
resources, we must expect the last stage of preparation

J a n u a r y 11, 1902.]

THE

CHKONIULB.

*0 be indefinitely deferred. Y et when the decisive
trial comes, it seems clear that the paradox will proba­
bly be doubly broken, that armor and projectile will
both fail, and that the question of survival in a par­
ticular battle will bo one of the men behind the guns,
plus the incidents of especially destructive shots
which cannot be foreseen. The latest Cramp vessel
goes to Russia, and there is now such sameness and
apparent equality among the navies of the principal
nations that it would be unsafe to count upon superior
physical advantage anywhere.
Yet it may be taken as fairly certain that the battle
between gun and p!ate must hereafter lie between
rather narrow limits. Not much increase in the re­
sisting quality t f steel can be expected, and there is a
fixed maximum in the practicaole weight of armor;
the size of gun and projectile also must have a limit,
and one seemingly nearly reached; but projectiles not
fired from guns (classed generally as torpedoes) have
naturally more room as to size, and in their possible
power as compared with size they already outclass
those used in guns. Offsetting power to resist against
power to retd, the ship is hopelessly beaten by|the tor­
pedo from the start; for it is certain that no structure,
either Heating or fixed, can ever be made which a
torpedo cannot shatter. The sole difficulty must be
to briDg the two together; find means which with
reasonable surety will carry the missile to its mark
and explode it there, and it follows that what man
can make man can destroy.
There are torpedoes which are themselves dirigible
in a measure, but the defect of the torpedo boat is its
own excessive weakness and vulnerability.
Being
very slight and very heavily powered, its seaworthiness
is low. Tbe searchlights which held Cervera held his
torpedo boats also, and the fate of the Pluton and
Furor under the fire of an unarmored pleasure yacht
showed that what such craft need is passive waiting
by the foe; if they are only left alone they can be de­
structive, but they must not be fired upon by gunners
who know how to aim.
The submarine boat of the Holland type introduces
new conditions. It has no guns for attack, for it
does not offer fight according to rule. It has no con
siderable resisting power, for it does not expect to be
hit. Its speed is low, because high speed is impossi­
ble and not strictly necessary. It relies on its diminu
live size and the water above it for concealment and
protection, and the ertire plan is to creep as near as
possible on or just under the surface, then sneak up
out of sight and do its work, not in a straightforward
way, yet according to the license of modern warfare.
Searchlight and quick gun are of little use against a
little monster too inconspicuous to be seen and too
small to be hit, able also to sink and reappear at
will until it has perhaps crawled even under the
keel.
Not long ago our principal harbors were guarded
by mines, and naval attacks on the shore must here
after be at loDg range. All forts like those of this
port would be useless now even if not antiquated,
since the means of defense are now mines and a
counter-attack upon the hostile vessels. A deep-sea
battle between modern fleets is hardly to be expected;
naval work henceforward is likely to be mainly de
fending one's own coast, besieging cities abroad, or
blockading. The radios of movement of the sub­
marine boat is not certainly known, although an
earlier one of the type claimed a capacity of 1,500

71

miles on the surface; perhaps such a boat could cross
the ocean unaided, or perhaps it cotfld be earned; at
least, its natural place is near tho lar d, and the
natural work of the battleship also is there.
Several new American battleships are ready and a
line of others is in progress; yet there is a dispute
going on over the comparative merits of superimposed
turrets and other points in tho disposition of guns.
This can never be settled short of actual test in war,
but another question is earlier. It appears as certain
us almost any proposition which has not been physi­
cally proven that a single submarine vessel could have
cut all the mine connections and destroyed Oervera's
ships one by one at leisure in Santiago harbor; and is
it not time to consider the expediency of multiplying
costly vessels which are open and powerless against
attack from below ? The great arm of modern naval
warefare is the explosion of projectiles, not their direct
impact; hence the projectile itself is the problem, and
the simplest means of sending it to its mark is the
best. Progress inevitably puts out of service some
expensive things almost as soon as they are con­
structed, and so we need not stop to lament the waste
in the huge Rodman guns, for instance, which lie
around at our ancient forts; but why not be a little
slower to build sea monsters which are magnificent
and yet seem to be helpless (except by flight) against
a tiny assailant hardly heavier than some of their own
guns?
In this way it may be that universal peace is to
come through war, and through such increased de­
structiveness as shall make war impossible; magnify
battle into a duel which can have no survivor, then
it becomes a necessity to settle all questions in ad­
vance by diplomacy armed with arithmetic.
IT E M S

ABOUT

BANKS.

BANKERS

AND

TRUST

G O 8-

— T h e a u c tio n s a les o f b a n k s to ck s th is w e e k a g g r e g a t e 818
shares.

S to c k o f th e P h e n ix N a t io n a l B a n k

to

th e a m o u n t

o f 700 shares (p a r v a lu e $20 e a c h ) w a s s o ld in on e l o t a t 1 T %
T h e tra n s a c tio n s in

28% shares,

tr u s t c o m p a n y s to c k s r e a c h a t o t a l o f

in c lu d in g 10 sha res o f a B r o o k ly n c o m p a n y .

No

sales o f e ith e r class h a v e b een m a d e a t th e S to c k E x c h a n g e
o r in th e “ c u r b ” m a rk e t.
Shares.
B antcs—N ew York.
Price.
17 Am erican Exch. Nat. Bank.. .. 28470 286
20 Chath m National B a n k ........ 340
15 Fourth N atio nal Bank.............. 240
30 Merchants’ Exch. Nat. B a n k .. 157
5 New Am sterdam N at. B a n k . .1,400
18 Oriental B a r k ......................
227
70o Phenix N a t i o n a l Ban k ........ . 1 1 7 * 3
3 State of N. Y .. B ink of t h e ___ 195
10 T w elfth W a r d B a n k ................ 130

T ru st

c o m p a n ie s — N ew

Last previous sale.

Jan.
Nov.
Jan.
Jan.
Jan.
Dec.
Dec.
Nov.
Deo.

1S02— 2851*3
1901— 335^
' 902— 241*3
1902— 155
1902—1,410
1901— 233*9
1901— 118.
1901— 265
It O O - 100

York.
Dec. 1901— 285*3
Dec. 1901—1,925

8 1-3 Atlantic T ru -t C o .................... 285
10 Central T rust Co.....................1,E00

T ru st C o m p a n y - Brooklyn.
10 W illiam sbu rg Trust C o ...........

Oct. 1901— 215*3

215

— H o n . C o n ra d N . J o r d a n w a s on W e d n e s d a y n o m in a te d
b y th e P r e s id e n t f o r r e a p p o in tm e n t as U n it e d S ta te s A s s is t ­
a n t T r e a s u r e r a t N e w Y o r k , w h ic h o ffic e h e has h e ld c o n t in ­
u o u s ly sin ce 1893.

A s w a s n o te d in th is d e p a r tm e n t J u n e 15,

M r. J o rd a n w a s T r e a s u r e r o f th e U n it e d S ta te s f r o m 1895 to
1887.

H is fir s t a p p o in tm e n t as A s s is t a n t T r e a s u r e r

at

N ew

Y o r k w a s d a te d A p r i l 24 1893, a n d he w a s r e a p p o in te d a t th e
e x p ir a tio n o f th is te r m in 1897.

H e w i l l e n t e r u p o n h is t h ir d

t e i m o f fo u r y e a rs (f o r w h ic h h e has b ee n n o m in a te d ) on th e
re c e ip t o f his c o m m iss io n , a n d i f

h e s h a ll c o m p le t e th is

p e rio d h e w i l l h a v e s e r v e d in th e p o s itio n f o r

a lo n g e r

t im e

th a n a n y o f h is p re d e c e s s o rs — n e a r ly th ir te e n y e a rs .

A s s is t­

a n t T r e a s u r e r T h o m a s H illh o u s e h e ld th e c ffic e f r o m

J u ly 23

1870 to 1881— e le v e n y e a r s - a n d A s s is ta n t T r e a s u r e r J o h n J .
C is co fr o m 1853 to 1864, a ls o e le v e n y e a rs .
— L e s s th a n

th r e e y e a r s a g o

J.

J.

T o w n s e n d , th e w e ll-

k n o w n C h ic a g o s to c k b r o k e r , b o u g h t a m e m b e r s h ip in th e
N ew

Y o rk

p r ic e h ig h .

S to c k

E x c h a n ge fo r

By way

$39,000, a n d th o u g h t th e

o f c o n s o la tio n

th e S e c r e ta r y assu red

h im th a t th e d a y w a s n o t v e r y r e m o te w h e n h e c o u ld o b ta in

T l

IHE

CHKONICLE.

$80,000 for it, whereupon Mr. Townsend gave him a standing
order to sell his membership whenever it reached that
figure. It is reported that week before last a telegraphic
order for his membership at the price stipulated was received
by Mr. Townsend, but he doesn’t want to sell now, and has
canceled his open order.
—The amendment to the constitution of the New York
Stock Exchange, proposed recently, has beoome operative.
The amendment increases the initiation fee from $1,000 to
$2,000 and the members annual dues from $50 to $100.
—By all odds the most striking thing in the calendar
line which has reached the Editor’s desk thus far comes to
us from the First National Bank of Council Bluffs, Iowa.
The sheets of the calendar are attached to the lower end of an
embossed cardboard or mat (size 20x80 in.),which serves as a
frame for a very elegant picture entitled ‘ ‘ Sweet Memories.”
The subject of the picture is a decidedly charming young
woman, whose features (so an accompanying memorandum
informs us) have been taken from life. The arrival of this
handsome New Year’s souvenir has quite upset our office
force, our young men finding it difficult to resume their ordi­
nary routine after viewing such an entrancing vision of
loveliness. We do not know how freely the bank is distrib­
uting these rather expensive tokens, but if any one has in­
fluence with President Chas. R. Hannan, we advise him to
write for one. Under Mr. Hannan's management the bank
is prospering and its business expanding. The bank’s state­
ment for December 10 shows that it has gained $100,000 in
deposits since September 30 and $500,000 in a year.
—Mr. Dudley Evans, for a number of years Second VicePresident and Manager of Wells, Fargo & Co., was on Janu­
ary 2 elected Acting-President of the company to fill out the
unexpired term of Mr. John J. Valentine, deceased. The
annual election of the company occurs on the second Thurs
day in August—the 7th of the month. Owing to the ill
health of his wife, Col. Evans was on the Pacific coast at the
time of Mr. Valentine's fatal illness and was able to quickly
assume the direction of affairs.
—The New York Life InsuranceJCompany last week sold its
holdings, amounting to $530,000, par value, of the $1,000,000
capital stock of the New York Security Trust & Company.
In the last report issued by the Life Insurance Company the
market value of this stock held by that institution was stated
at $1,886,500. The sale of the stock was made in pursuance
of an amendment to the by-laws of the company passed in
1899, which provided that not only should the company
refrain from investing further in corporate stocks, but that
then existing holdings of such properties should be from
time to time reduced, until in the annual statement to be
rendered in 1902 no item of stocks owned or of stocks held
as collateral should be included among its assets. A t the
annual eleotion on Wednesday, January 8, the following n6W
trustees, representing the purchasers of the New York Life
Company’s holdings of the stock, were elected : Charles M.
Schwab, Frank Tilford, Norman B. Ream, J. S. Phipps,
Woodbury Langdon and Osborn W. Bright. It may be noted
that the recently purchased stock is to be pooled for five
years and controlled by Charles S. Fairchild, John A. McCall
and George W . Perkins as trustees.
—A t a meeting of the directors of the National Citizens’
Bank last week Ewald Fleitmann, the President, resigned,
and he was succeeded by Edwin S. Schenck, formerly Vice
President. Mr.Fleitmann was then elected Vice-President of
the bank. The merger of the Ninth National Bank with the
National Citizens’ Bank has become effective, and the Ninth
National cleared at the Clearing House on Tuesday, Decem­
ber 81, for the last time.
—An institution known as the International Banking Cor­
poration, with a capital of $3,000,000 and a surplus of a like
amount, has been organized under a charter granted by the
State of Connecticut, The officers are Edward F. Cragirn
Vice-President, John Hubbard, Treasurer, and H. Hardy,
Secretary. The Chairman of the board of directors is
Thomas H. Hubbard and the directors a re: Valentine
P. Snyder, James H. Hyde, George Crocker, Marcellus
Hartley (who died this week), Edwin Gould, Amzi L.
Barber, Eugene Delano, H. C. Frick, H. E, Huntington, M,
S. Manning, J. M. Ceballos, Edward F. Cragin, P. H. Flynn
and H. Hardy, of New York; John B. Jackson, of Pittsburg,

[V ol . LXXIV.

Pa., and F. P. McIntosh, of Cleveland, Ohio. The company
was originally chartered as the International Co.,with a cap­
ital of $500,000, with power to increase the same, which has
now been done. Among the powers conferred by the charter
are those for the transaction of business as merchants, man­
ufacturers, miners, commission merchants, agents of every
kind, shippers, builders, financiers, brokers and contractors,
and concessionaires in all the forms of any of said kinds of
business, and the general banking and trust business outside
the State of Connecticut. The company is also authorized
to establish branches in any part or parts of the world. Mr.
Cragin states that for the present the business w ill be con­
fined to the Orient and to South and Central America. A
branch has already been established at Shanghai, China, and
J. S. Fearon is the representative of the corporation in that
city. The company has been designated as the fisoal agent
in China of the United States for the collection of the
$25,000,000 indemnity to be paid by China to this Govern­
ment.
—We referred in these columns last week to the increase to
be made in the capital stock of the Fidelity Trust Company of
Newark, N. J. The statement for December 81 has now
come to hand and shows deposits of $7,533,68'); for the pre­
vious year the deposits were only $5,779,730. The total re­
sources now are $10,290,490, as against $8,410,618 December
81, 1900.
—The New York National Exchange Bank, which now oc­
cupies the second floor of the premises corner of Chambers
St. and West Broadway, has obtained a lease of the ground
floor of the building, which will be fitted up for the execu­
tive offices and the paying and receiving tellers. The sec­
ond floor will be retained for the clerks of the bank and for
a ladies’ department, and the third floor will be used for a
directors’ room and for banking purposes. In the basement
vaults of modern design will be constructed. The increas­
ing business of the bank has necessitated these improve­
ments.
—It is announced that the Continental Trust Company will
take action, at a meeting to be held January 29, upon a
proposition to increase the capital stock from $500,000 to
$1,000,000. It is proposed, if the capital of the company
shall be increased, to sell the new stock to Blair & Co. of
this city for $450 per share ($100 par value). Messrs. Blair &
Co. will in that case nominate for trustees of the company,
representing the new stock, Marshall Field, John J. Mitchell
and P. A. Valentine of Chicago, two members of the firm of
Blair & Co., and five additional men of usefulness to the
company from New York or vicinity. After the sale of the
new stock and the deposit of the proceeds in the treasury of
the company, it will have $1,000,000 capital and more than
$2,750,000 surplus.
—E. H. Harriman, Louis Fitzgerald, J. Henry Smith, T. H ‘
Hubbard, Bradish Johnson and Henry R. Winthrop were on
Tuesday elected directors of the American Deposit & Loan
Company.
—The W all StreSt Exchange Building Association, which
owns the site of the Bank of the State, William Street, corner
of Exchange Place, and property adjoining on the latter
street extending through to W all Street, has bought No. 49
Exchange Place.
—A new trust company is being organized by Warner Van
Norden, President of the National Bank of North America,
with a capital of $500,000]and a surplus of a like amount. It
will be temporarily located on the upper west side of the city
until a new building shall be completed, which will be
erected by Mr. Van Norden on Fifth Avenue. It is ex­
pected that W. Montaigne Van Norden w ill be the Presi­
dent.
—John A. Hilton and Frank J. Gould were on Wednesday
elected to fill vacancies on the board of trustees of the Bow­
ling Green Trust Co. In his annual report President Edwin
Gould states that the actual earnings for 1901 were $362,651 37, or 10^ per oent on the capital of $2,500,000. The de­
posits Dec. 31 1901 were $9,996,550, and at the corresponding
date in 1900 they were $8,268,979. This increase was gained
without paying higher rates of interest than the company’s
competitors. The surplus of the company Dec. 81 1901 was
$2,500,000 and the undivided profits were $18,099, Among
the directors of the trust company are influential financiers

J anuary 11, 1902. j

THE CHRONICLE

and railroad men, including Edwin Gould, Frank J. Gould,
General Sam Thomas, General Thomas T. Eckert, Myron T.
Herrick, E. C. Converse, J. W. Middendorf, of Baltimore,
and J. Skelton Williams, President of the Seaboard A ir Line
Railway.
—Marcellus Hartley suddenly died of heart disease on
Wednesday while attending a meeting of the directors of the
American Surety Co, He was born in 1828, and after com­
pleting his education entered the employ of Francis Tomes &
Son, dealers in guns and hardware. In 1854 he established
the firm of Schuyler, Hartley & Graham, dealers in arms and
ammunition, and on the retirement of Mr. Schuyler in 1876
the firm became Hartley & Graham, In 1899 Mr. Graham
died and the house was incorporated under the name of the
Marcellus Hartley Co., with deceased as President. Mr.
Hartley was Vice-President of the Western National Bank
and a direotor of the Equitable Life Assurance Company and
also of a number of prominent financial, industrial, railroad
and other companies.

paid in surplus of $50,000.
promoting the scheme.

73
John G. Jenkins Jr. is actively

—A t the recent election of officers of the Central Trust Co.
of this city the former Secretary Mr. B.G. Mitchell, was chosen
to fill the new position of Third Vice President, Mr. Geo.
Bertine was advanced from Assistant-Secretary to Secretary
and Messrs. J. N. Wallace and F. B. Smidt were elected
additional Assistant-Secretaries.

—The Long Island Loan & Trust Co., which in October
last increased its capital stock from $500,000 to $1,000,000,
and created a surplus fund of $1,000,000, has been
rapidly augmenting its business since its removal to the
new banking rooms in the Temple Bar building. The de­
posits of the company have risen from $3,089,495 on Dec. 31
1900 to $5,165,425 on Dec. 31 1901, while surplus and undi­
vided profits have been increased from $550,085 to $1,337,355
during the same period. The official staff is composed of
Edward Merritt, President; Clinton L. Rossiter, First VicePresident ; David G. Legget, Second Vice-President, and
—The Twelfth Ward Bank of this city, which in July 1900 Frederick T. Aldridge, Secretary.
decided to suspend dividends and add its profits to surplus
—The new National Suffolk Bank of Boston, which w ill
account, has resumed payments on the shares, declaring 3
replace the Suffolk National and Washington National, w ill
per cent, payable Jan. 10.
be capitalized at $1,500,000. Subscriptions w ill be received
—The new stock of the First National Bank of this city, at par, with $25 per share paid in as surplus.
issued for the purpose of increasing the capital from $500,000
—Mr. W. S. B. Stevens has been appointed Assistant
to $10,000,000, was this week admitted to the Stock Exchange
Cashier of the National Union Bank of Boston.
list.
—Mr. Charles W. Porter is Acting Cashier of the First
—The statement of the People’s Trust Co. of Brooklyn
National Bank of Lynn, replacing Mr. Charles E. Mailey,
for December 31 records deposits of $11,088,372. This is a
gain of over $600,000 during the past year; the undivided resigned.
—April 1 has been fixed as the date of opening by the Re public National Bank of Pittsburg, incorporated in October
with $200,000 capital and $20,000 surplus. It w ill occupy the
present quarters of the People’s Savings Bank, at 241 Fourth
Avenue, as the latter w ill by that time be in possession of its
own building. The officials chosen for the new bank arer
—The Union Trust Co. of this city on Jan, 10 paid the President, Charles Holmes, President of the First National
usual quarterly dividend of 8 per cent. The announcement Bank of McKee’s Rocks, Pa.; Vice-President, Samuel Garrihas now been made that hereafter dividends w ill be 10 per rison, and Cashier, J. Simpson Rodgers.
cent each quarter.
—The Standard Security Trust Co. of Pittsburg has ap­
—A new financial institution, to be known as the Trust plied for a charter, with a capital of $250,000 and a surplus
Company of the Republic, is in process of organization under of $125,000. The assets of the Citiz9ns’ Insurance Co.,
the laws of this State, with a capital of $1,000,000 and a sur­ amounting to over $700,000, have been taken over by the
plus of $500,000. In its directorate are representatives of new organization, whose officials, it is understood, are to be
the Illinois Central and the Missouri Kansas & Texas Rail­ Mr. Robert Smith, President; John Bindley, Vice-President,
road companies and other important interests. Among the and Howard Welch, Secretary and Treasurer. It is expected
directors elected are Stuyvesant Fish, Henry C. Rouss, that the company w ill be ready for business by April 1.
Chales A, Peabody Jr., Samuel A. Colt, Samuel Sloan Jr,,
—The reorganized First National Bank of Austin, Texas,
Thomas F. Goodrich, D. L, Dresser, P. Belmont, Ballard opened on Thursday, January 2d. The State money, $398,McCall. James McMahon, W. D Baldwin, Thomas F. Crim- 000, which was on deposit at the time the bank closed its
mins, Charles D. Marvin, Charles W . Wetmore, Herbert L. doors w ill be paid in monthly instalments, the first instal­
Satterlee, Claude W . Jester, Alexander Greig, Charles F. ment on January 10. Mr. John H. Kirby is the new Presi­
Brooker and John M. Parker. Ic is reported that the com­ dent and A, S. Vandervoorfc Cashier.
pany w ill have two offices in this city, one of which w ill be
—The St. Paul Trust Co, of St. Paul, Minn., w ill go into’
located in the financial centre and the other in the mercan­
voluntary liquidation. Litigation over various estates of
tile district. It ia also stated that in addition to a general
which the company was administrator is responsible for this
banking and trust business, the company w ill loan on guar­
step. The institution was capitalized at $200,000 and it is ex­
anteed negotiable warehouse warrants representing cotton,
pected that depositors w ill be paid in full.
cotton-mill products, rice, sugar, pig iron and iron ores.
—A unique paper-weight (enclosed in a green leatherette
—Hiram P. Mills, one of the oldest bank presidents in the
United States, died at Mount Morris, N. Y.. on Monday, aged case) in imitation of ten one dollar gold pieces has been re­
ninety six. He was President of the Genesee River National ceived from the Merchants’ National Bank of St. Paul. It
Bank, and had held that position since the organization of is neatly inscribed with the bank’s name and altogether
the institution in 1853. He was one of the engineers of the makes an attractive and serviceable souvenir. Under its
Genesee Valley Canal, and he assisted in the construction of present management the institution has been enjoying note­
worthy prosperity during the last few years.
the first railroad between Albany and Schenectady.
profits are $569,746, a gain of $61,236 during the same period.
In our issue of February 2d last we presented the record of
the company’s growth up to December 31 1900. Mr. Felix
Campbell is the President; Messrs. J. G. Dettmer and Hor­
ace J. Morse, Vice-Presidents; Mr. Edward Johnson,,Secre­
tary, and Mr. C. A. Boody, Assistant Secretary.

—Samuel S. Conover, formerly Secretary and Assistant
Treasurer of the American Cotton Company, has been
elected active Vice President of the Irving National Bank.
Mr. Conover was for many years the manager of the credit de­
partment of the Fourth National Bank. He is the youngest
Vice-President, it is stated, of any banking institution in the
city.
—Andrew A. Knowles, who has for twenty-two years been
connected with the Mechanics’ National Bank and for some
time has been Assistant Cashier, has been elected Cashier of
the institution.
—Preliminary steps have been taken for the organization
of a bank on Coney Island, with a capital of $109,000 and a '

—Mr. Milton B. Williams is now Assistant Cashier of the
National Union Bank of Maryland in Baltimore, having re­
linquished the Cashiership of the Old Town National of
Baltimore.
—An amendment has been filed to the charter of the Mer­
chants’ Bank of Nashville, Tenn., increasing the capital
from $100,000 to $300,000.
—The announcement was made early last week that the
directors of the Producers’ National Bank of Woonsocket in
Providence, R. I., had agreed to accept the offer of $29 50
per share of $20 made by Mr. Frederick W . Shibley of
Providence, on behalf of capitalists of that city and Woon­
socket, and had recommended the acceptance to the stock-

74

THE CHRONICLE

[V ol . LXXIV.

holder*. I d appears from later reports, however, that this stock, are ; President, Edward 8. Orr; Vice-Presidents, John
offer will not be accepted, the institution continuing as the W. Harrison, R. M. Scruggs and William Bignell; Secre­
tary, John C. WilkinsoD; Treasurer, G. L. Faulhaber; As­
Producers’ National in the control of the present director*.
— A souvenir distributed as a holiday gift by the Third sistant Secretary, A. H Frederick; Couuael, J. M. Dawson,
National Bank of Columbus, Gt., has also been dtsigued and Attorney, J. A. Webb.
with an eye to utility. I dconsists of a fountain pen com­
—Mr. David P. Wheeler, Cashier of the Citizens’ National
plete in every detail and should prove au excellent medium Bank of Akron, Ohio, met with a peculiar death at the bank
of advertising. The bank is to increase its capital irom on Chiistmas day, where he had gone to attend to some
$ 100,0 0 to $ 200, 000, a meeting for the authorization of which necessary business.
In closing the steel vault his hands
will be held by the stockholders on the 14th in-t, Mr. G. came in contact with au electric light wire, heavily charged,
Gnuty Jordan Is President; W. C. Bradley, Vice-President; the shock killing him instantly.
C. E. Beach, Cashier ai d George C. Bates, Assistant-Cashier.
—Mr. Charles Seyler is the new Cashier of the Farmers’ &
—The rest of the otficia's of the Germania Trust Company Merchants’ Bank of Los Angeles, Cal. The vaoancy oc­
of St. Louis have been selected. As noted herein two weeks curred through the disappearance of H. J. Fleishman, in
ago, Mr, Joseph Dickson will serve the company as Presi whose accounts a shortage of $100,000 was discovered.
dent. The Vice-Presidents Include William H. Dittmann,
—The National Bank of Columbus, Columbus, Ga., lias>
Henry Koehler Jr., Max R Orthwein and Georgd A. Meyer.
after paying its usual semi-annual dividend of 5 per cent on
Mr. Frederick Gabel has been elected Secretary and Treas­
its capital of $LOO,000, added $10,00) to its surplus fund.
urer and William A. Braudenburger, Trust officer.
—The Metropoli an National Bank of Chioago increased
—Ill-health has compelled the resignation of Mr. H. C.
the quarterly dividend which was paid Jan. 2 from 2 to 2%
Burr ett, Cashier of the First National Bank of Richmond,
per cent, thns placing the stock on a 10-per-cent basis.
Va. Mr. Burnett’s successor is Mr. John M. Miller, who
—The new brokerage firm of Lake & Leask, 2 and 4 Sher­
vacates the position of Ca-hier of the Merchants’ & Farmers’
National Bank, of Charlotte, N. C., to assume his new duties. man Street, Chicago, is composed of two gentlemen of
Prior to his connection with the Merchants’ & Farmers' ability and wide experience in the business. Mr. Lake was
Bank Mr. Miller was a national bank examiner. Mr. Charles for eleven years associated with Messrs, Bartlett, Frazier
& Co. and Mr. Leask almost as long with Baldwin, Gurney
R. Burnett will be the Assistant-Cashier.
—The retirement of Col. Frank Roder, President of tbe & Co. and J. F. Harris. Their offices are directly opposite
Metropolitan Bank of New Orleans, La., is announced. The the Chicago Board of Trade, of which body they are mem­
step, impelled by Mr. Roder’s failing health, is much re­ bers. They buy and sell on commission grain, provisions,
gretted by tbe directors, who have adopted resolutions highly cotton, stocks and bonds.
complimentary to him.
—The Savings & Trust Company of Cleveland, Ohio, has
made a flattering offer to the Union Club for the premises
now occupied by the latter on Eiclid Avenue and Erie
Street. Whether or not the offer will be accepted will not
be known before the 18th inst,, when the stockholders of the
club will hold their annual meeting. In the event of accept­
ance, which seems almost a certainty, in view of the fact
that the club intends to erect a new home on Euclid Avenue
and Muirson Street, it will be April 1903 at least before the
company will get possession of the property it seeks, for the
new quarters of the club will not be in readiness before that
time. It is said that it is the company’s purpose to erect a
building not more than three stories high, to be devoted ex
clusively to its own business. The officers of tbe Savings &
Trust Company are : Mr. D. Lenty, President; H. Tiedemann
and H R Newcomb. Vice-Presidents; J. R. Nutt, Secretary
and Treasurer, and H. S. Newbury, Assistant Secretary.
—A t a meeting of the directors of the National Bank of
Germantown of Philadelphia on December 24, Mr. Thomas
B. Homer was elected Vice-President. The former Vice
President, Mr. Canby S. Tyson, it will be remembered, re­
cently became President on the death of Mr. Charles W.
Otto, Mr. Romaine Keyser becoming at that time the new
Cashier.
—The Commercial Trust Co. of New Jersey, located at
Jersey City, which recently moved into its handsome new
banking building, has only been in business since January 1
1900. Yet its statement for December 31 reports resources of
$5,132,707. with surplus and undivided profits of $627,817
and deposits of $4,004,890. The directorate comprises the
names of very influential men in New York, Philadelphia
and New Jersey. Mr. John W. Hardenbergh is President;
George W. Young and Robert 8. Ross, Vice-Presidents, arid
Oscar L, Gubelman, Secretary and Treasurer.
—Messrs. H. F. Bell and F. F. Searing, President and VicePresident, respectively, of the Citizens’ Trust Company of
Paterson, N. J., are extending their operations still further.
Particulars of a new Dover institution—the Dover Trust
Company, in the organization of which they were interested
—were given in these columns several weeks ago. Their
latest venture is the Newton Trust Company of Newton,
N. J., whose certificate of incorporation was filed December
26. The capital stock is $100,000, of a par value of $100 per
share. The main office will be at 49 High Street, Newton.
—The new officers of the Missouri Trust Company of St.
Louis, which we stated in this Department on November 23
would be reorganized after the sale of $500,000 additional

—W. H. Laidley & Co. have purchased a portion of the busi­
ness and some of the private wires of the late Chicago firm of
Arthur R. Jones & Co., and will retain the offices of the old
firm at 226 La Salle Street. They will deal in grain, cotton,
copper, stocks and bonds.
—The Western State Bank of Chicago will occupy new and
enlarged quarters on the main floor of the beautiful new
building, 159-167 La Salle Street, now being erected by the
National Life Insurance Company. The offices will hardly
be ready for occupancy before May or June next. The
Western State Bank, like all of the Chicago banks, has been
rapidly increasing its business during the past three years,
and sadly needs increased office space and more modern
equipment.
—The directors of the Bankers’ National Bank of Chicago
have transferred $39,000 from profits to surplus, making the
total surplus now $160,000.
—The National Bank of the Republic, Chicago, has increased
its surplus $25,000 (making a total surplus of $200,000) by a
transfer of that amount from the item of undivided profits.
This bank on January 1 also retired $600,000 of its circu­
lation, leaving only the $50,000 which the law requires.
—Messrs. Logan & Bryan will at once take possession of
the commodious offices in the Chicago Board of Trade
Building, just vacated by Schwartz, Dtipee & Co., and the
commission firm of Pringle & Browning will remove frem
the Rialto Building to the Logan & Bryan offices. Pringle
& Browning will add a department of stocks and bonds to
their business.
—McReynolds & Co. have removed to their fine new quar­
ters in the Connselman Building, corner of La Salle and
Jackson Boulevard, Chicago.
—Mr, John F. Bacon, for the past two years manager o f
the Chicago branch office of Rudolph Kleybolte & C o.,ha8
resigned his position and become associated with the bond
firm of MacDonald, McCoy & Co.
—Mr. R. E. Wilsey, who has been in the Cincinnati office
of Rudolph Kleybolte & Co. for the past four years, has been
placed in charge of their Chicago office in the New York
Life Building.
—William Ewald has been admitted to partnership in the
firm of S. B. Chapin & Co., Chicago and New York. Mr.
Ewald will remain in the New York office.
—January let Mr. Henry W. Buckingham retired from
the Chicago brokerage firm of Otis, Wilson & Co. by mutual
consent. Mr. Buckingham has been quite ill recently and
wishes to escape the worries of a too strenuous life.

THE CHKO'NIOLK.

January 11, 1002.1

—The old stock exchange firm of H. G. Campbell & Co.
was dissolved by limitation on the 1st iast. and has been suc­
ceeded by Campbell, Harriman & Co. .The partners are
Henry G Campbell and J. Borden Harriman, who constituted
the old firm, and E lw iu P.Campbell and James G. MacLean,

75

have correspondingly increased in market value, being now
quoted at, 315 bid against only 215 in 1896. 'the officials con­
sist of G jorge If. Southard, President; Wra, li. Wallace,
Vice-President; Gates D. Fahnestock, Second Vice Pr si
dent and Secretary, and Crowell Hadden Jr., Assistant Sec­
retary.
— In reporting the growth of the various trust, companies
in Brooklyn, the Hamilton Trust Company cannot be ignored.
This institution is under the guidance of Mr. Silas B. Dutcher,
The deposits for Dtc. 81 are stated at $5,862,968, while for Dec.
81 the previous year they were $5,438,982, a gain of over
$400,000. The other officials are Messrs Win II. Lyon and
W illiam Berri, Vice-Presidents, and Mr. Joseph B. White,
Secretary.

—The annual election of the Pittsburg Stock Exchange
occurred last week and resulted in the re-election of W, I.
Mustin to the Presidency, This w ill be the fourth year of
the Exchange under Mr. M uitin’s administration. The new
Vice President is State Senator John W . Crawford, who suc­
ceeds R. J. Stoney Jr., the Vice-President for the past three
years. John B. Barbour was re-elected Treasurer for a third
term. The members of the Board of Directors are C. J.
Holman, A. j . Lawrence, T. H. Robinson Jr., N. W . Steven­
son, John Ramsey, IT, A . Marlin, James Carothers, J. M.
—Am ong the new directors of the Girard Na'ional Bank of
Askin and B. P. Schoyer. The new Arbitration Committee Philadelphia elected this week are W illiam Newbold Ely,
consists of S. J. Wain.wright, N. R. Evans, John D. Bailey, First Vice-President of the Girard Trust Co., and Colonel
J. T. Patterson and Arthur Davis.
Theodore E. Wiedersheim.
—One of the results of the action of the Everett*
Moore syndicate in placing its affairs in the hands o f a
committee of bankers was a short-lived run on the Dime
Savings Bank of Cleveland, Ohio. On Jan. 2, when the run
began, all depositors were paid on demand, and although
on Friday the bank issued a notice that it would take ad
vantage of the 60-day rule in the case of savings deposits,
the latter was not strictly enforced, and by Saturday new
accounts were being opened. According to its latest report
the bank had a surplus of $394,452 and deposits amounting
to $4,867,554, with a capital of $590,000. M. G-. Watterson is
President of the institution; E. W . Moore, of the embar­
rassed syndicate, is Third Vice-President.
The Euclid Trust & Savings Bank, capital $500,000, which
experienced a run at the same time as the Dime, this week
made an assignment to Frank H. Ginn. The assignee de­
clares that the bank w ill pay all claims in full.

—The National Stock Yards Bank of East St. Louis, III,,
recently robbed by desperadoes, was not a member of the
American Bankers’ Association.
— Rumors have been current that John Dupes of the late
firm of Schwartz, Dupee & Co. was to become a special
partner with J. F. Harris, the Chicago broker, but we
can obtain no definite confirmation of this report. It is true,
however, that Mr. Charles G. Gates, a son of John W .
Gates, has arranged a partnership with Mr. Harris, to take
effect within the next sixty days,

— A t the annua! meeting of the stockholders of the Conti­
nental Trust Co. of Baltimore, held on Tuts lay, President
Warfield submitted a statement showing the net earnings for
1901 to be $320,875, This company was organized in Feb­
ruary 1899, with a capital of $2,000,000 and a paid in surplus
of $2,000,000, and since that date has placed in the undivided
profits account $1,210,268, after paying out $245,000 in d iv i­
—The Citizens’ Loan Company of Galveston, Tex., has dends. A t the meeting on Tuesday a 4 per cent semi annual
purchased at par $150,100 of the $300,000 capital stock of the dividend was declared. N o change was made in the board
First National Bank of the same city. The bank was organ­ of directors or the officers.
ized in 1865 and its surplus on Dec. 10 was $84,747. Its
— The N ew Jersey T itle Guarantee & Trust Co. of Jerssy
deposits on that date amounted to $285,462. The offer was
City continues to showmarked increase in its various lines
made by R. Waver ly Smith, attorney for the loan company
and a director of the bank. Mr. Smith is also President of of business, as can be seen by the new statement to Decem­
ber 31. Profits have now reached the total of $635,038, a
the Island City Savings Bank.
gain of $100,000 over the previous year; the deposits aggre­
—The proposition of the Old Colony Trust Company of gate over $5,000,000. The official staff i3 now headed by M r.
Boston fo r the purchase of the stock of the Bay State Trust J. E. Hulshizer, with Messrs. W illiam H, Corbiu and George
Company was approved at a meeting of the Board of Di­ F. Perkins, Vice-Presidents, and Daniel E Evarts, Secretary
rectors of the latter institution last Saturday. The price at and Treasurer.
which the transfer w ill be made is said to be $200 per share.
— Among the instances o f growth in the business of Brook­
The capital stock of the Bay State Trust Co. is $400,000 ; its
surplus, according to its latest report, was $319,521, and its lyn trust companies, mention should be made of the Brooklyn
deposits were $4,326,952. The Old Colony Company has Trust Cjmpany. The aggregate resources of this institution
$1,000,060 capital stock, $3,093,662 surplus and $27,001,880 now reach a total of $14,744,390, with deposits of nearly $12,deposits. The officers of the Old Colony a r e : Gordon A b ­ 000,000, and capital and undi vided profits of $2,822,385. The
bott, President; C. S. Tuckerman, Vice-President and Treas officers are: Theodore F. M iller, President; Messrs. Henry
urer, and E. A . Phippen, Secretary. F. W . Hunnewell i 3 W. M axwell and Frederick C. Colton, Vice Presidents, and .
Stanley W. Husted, Secretary.
President of the Bay S ate Co.
— The stockholders of the Essex County National Bank of
— A new receiver, in the person of J. Frank Aldrich, has
Newark, N. J., on January 2 unanimously confirmed the
been appointed in place of B in k Examiner Vaughn, to con­
action of the directors to increase the capital from $300,000
tinue the liquidation of the City National Bank of Buffalo.
to $1,030,000. The plan was fu lly outlined in our issue of
Mr. Vaughn, under whose administration 65 per cent has
December 14. Subscriptions to the new stock w ill be received
been paid on claims against the bank, as noted in these col­
from existing shareholders until January 17.
umns Dec. 21, w ill go back to Washington, where he is
—The National Commercial Bank o f Albany, which re­
needed in other matters.
cently secured control of the Merchants’ National of
—The statement of the Franklin Trust Company of Brook­
Albany, has now also taken over the Albany City National
lyn for Dm. 3 . last has ju -t come to hand, and shows a fu r­
1
at 170. The latter (organized in 1834, and becoming a national
ther marked increase in deposits and resources as follows:
bank in 1865) was capitalized at $300,000. Cashier Charles
F r a n k l in T r u s t ,
S u rp lu s &
Gross
A ggregate
H. Sabin has been elected Second Vice-President and w ill be
Bro o klyn,
Capital. TJn’d. Profile. Deposits.
Resources.
Dec. 3 1901.......$1 000,000 $1,334,325 $7,63 i,883 $10,051,930 General Manager of the Commercial.
1

Dee. 31 1900.......
Jan. 30 1899.......
Dee. 31 1898.......
Dec. 3 1807.......
1
Dec. 3 1896.......
1

1,000,000
1,000,000
1,000,000
1,000,000
1,000,000

1,283,401
1,202,283
1,125,809
979,568
906,748

7,147,768
7,063,460
6,998,985
5,903,091
5,237,468

9.566,046
—The three banks comprising the Union National of
9,396,342 Low ell—the Railroad National, First National and M e r­
9,214,023
7,926,335 chants’ National—went into voluntary liquidation last S a t'
7,170,787 urday, tbe new bank having opened ou Monday in the offices

As w ill be seen by the foregoing, the deposits of the of the Merchants’ National. The officers of the consolidated
Franklin Trust Company 5 years ago were only $5,237,468; bank were given in the C hroniom of December 7.
—Memberships to the Chicago Board of Trade, which sold
now the amount is $7,634 883, while aggregate resources for
the same period have risen from $7,170,787 to $10,051,930, during December for $2,600, can not now be obtained for
and surplus and undivided profits from $906,748 to $1,334, $4 000. $4,100 is asked. This is said to be the result of the
325, a matter of nearly half a m illion dollars.
The shares prolonged and vigorous war upon bucket shopping. The

76

THE CHRONICLE.

Board o f Trade baa oome off victorious in every contested
case.
— A t their last meeting o f the year the Board o f Directors
o f the Continental N ational Bank, Chicago, transferred
*150 ,0UO from undivided profits to surplus.
Besides this
another $ 100,000 had already been transferred during 1001.
The total surplus now stands at $750,000 and the u ndivided
profits at *207,621.
— The directors o f the Am erioan Trust & ^Savings Bank of
Chicago have just transferred *50,000 from profits to surplus,
m aking the latter account *350,000, and still leaving *75,000
undivided profits.
— The United States M ortgage < Trust Company now has
&
a surplus o f $2,750,000, an increase o f *250,000 having re­
cently been voted by the directors.

[VOL. LXXIV.

purposes o f comparison the figures for the corresponding
period o f 1900 are also presented.
T w e lv e M o n t h s ,
D e s c r ip tio n

B a r Value
o r Q u a n tity

1901,

A c tu a l
V a lu e .

T w e lv e M o n t h s ,

A v e r ’y e B a r V a lu e
P r i c e . o r Quantity

266,044,050
atook | y k ’*' ¥25810968326 20431060,651 790
lilt, bonds.. ¥904,235,460 1867,196.914 87-2
¥1,092,070
¥2,144,310 113-3
Glov’t bonds
¥1.040.322 41-9
*3,602.800
State bonds
*414,787 288-1
*14S,076
bank stooks

1900.

A c tu a l
V a lu e ,

A v e r 'o s
B r ic e .

138,830,184
13371706113 ¥9219286.109 00-2
1609,169,000 *466,003,720 80*0
¥7,012,08))
¥8,186,280 110-8
*1,648,101 74-6
*2.083,200
*162,625
*340,802 227-4

13960111917 *9714140,114 60-0
T o ta l — *26818763670 21301866,884 798
809,616,076 608,039,660 76 l-5c. 1006,632,330 823,695,020 76 3 16c
Grain, busb.
Total value.

21956606,544

10638036,134

© 0 iix m jc r c ia I^ r iflIi6 T x ^ le w )B
[From oar own correspondent.]

L ondon , Saturday, December 28, 1901.
Christmas, com ing in the very middle o f the week (W ednes­
St . L ouis S to ck Ex c h a n g e Sa l e s .— The St. Louis Stock day and Thursday being public holidays), has interfered
Exchange records show the fo llo w in g totals o f each class of m aterially w ith business. L a rg e numbers o f people have
securities traded in on the Exchange during the year 1901. gone aw ay for the week, and the attendance altogether in
Mr. J. H. Dieokman is President o f the Exchange.
the city is small. Y e t quotations have been im proving all
Shares.
Yaltie.
$5,814,154 50 through and are distinctly higher as the week closes than
23,906
Bank stocks............................
17,077,735 50 they were when it began. Both on the Continent and here
66,057
Trust company stocks...............
179,796
8,490,131 50 the impression remains very strong that the w ar is rapidly
Traction stocks........................
632,996 50 drawing to a close, that the fresh efforts being made by the
10,531
Gas and electric company stocks..
2,265
225,023 00 Boers are efforts of desperation, that they are nearly ex­
Insurance stooks......................
298,211 12
111,885
Mining company stooks.............
163,107 25 hausted, and that in fa ct they cannot hold out much longer.
5,287
8undry stooks..........................
W hether the impression is w ell or ill-founded remains to be
$32,601,359 37
399,727
Total.................................
seen; but the imm ediate result is a much more hopeful fe e l­
B onds.
Value.
$2,284,916 70 ing than has prevailed for a long time, and a decided inclina­
United Ry. 4s.......................... $2,535,000 00
240,367 75 tion to buy whenever anything happens that a little w hile
St. Louis Brewing Association 6s. ,. 248,500 00
134,000 00
127,698 50 ago would have sent down quotations.
Missouri Edison 5e...................
26,152 50
25,000 00
Kinloch Tel. 6s...... ................
The greatest im provem ent and the most a ctivity are in the
119,221 75
Various other bonds.................
114,150 00
gold m ining shares. F o r the first tim e there has been in­
Total................................ ..$3,056,650 00
$2,798,357 20 fluential Am erican buying of South A fric a n shares. French
A total valuation of both bonds and stooks........
operators are also buying on a considerable scale; and even
the British public, which has held aloof so long, is now be­
ginning to return to the market, tim idly as ye t, but still it
F A IL U R E S
B Y
B R A N C H ES
OF
TR A D E .
is making an appearance. H igh hopes, therefore, are enter­
W e take from Dun’s R e v ie w the fo llo w in g statement show­ tained that i f the m ilitary operations are pushed fo rw ard
in g the failu res in the U n ited States b y branches of trade successfully, we are about to enter upon a year of great
business prosperity. There has also been a continued recov­
fo r the tw elve months ending December 31 in each o f the last ery in British G overnm ent stocks, as it is hoped that the w ar
three y e a r s :
expenditure can soon he v ery shortly reduced.
f a il u r e s b y b r a n c h e s o f b u s in e s s .
There has likewise been improvement in British railw ay
stocks. The rise is m ainly traceable to the announcement
made tw o weeks ago that the Northeastern R a ilw a y Co. has
C a le n d a r Y e a r .
actually decided upon reforms based on the Am erican sys­
Fro m D u n ’s R e v ie w .
1901.
1900.
1899.
tem, that statistics w ill in future be kept which hitherto
No.
L i a b i li t ie s . N o . L i a b i l i t i e s . N o . L i a b i li t ie s .
have not been kept in this country, and that strenuous efforts
M a n u fa c tu re rs .
w ill be made to reduce the cost o f w orking by increasing
t
«
3
40
19
Iro n , fo u n d rie s and nails..
87
2,015,150
1,7C 0,385
1,119,001
It is naturally assumed that all the other com­
M a ch in ery and to o ls .........
129
183
190
6,990,748
3,013.692
2,700,478 trainloads.
W o o l’ns.c’r p ’ ts&knttgoods
26
30
1.851,776
28
4,299,719
1,094,700 panies w ill have to fo llo w the example thus set; and the
14
C otton s, la ce and hosiery.,
IS
8
58,100
395,109
1,753,081
In the long run, o f course,
342
L u m b ’r 1 rp ’n t’rs& coop’rs
ca
820
319 11,S53,066
7,421,215
6,343,880 public anticipates great results.
C loth in g and m illin ery . .
337
241
4,874,060
321
8,861,474
8,599,076 the results w ill be very considerable; but they w ill not be so
27
326,587
27
H a ts, g lo v e s and fu r s .......
87
196,690
638,434
1.540,496
43
42
627.868 ■ 38
Chem icals, drugs & paints.
1,103,297 rapid as the public just now seems to anticipate.
128
146
P r in tin g and e n g r a v in g ....
137
1,821.965
1,259,084
1,408,080
In the beginning of the week the relations between A rgentin a
110
884,367
146
820,603
M illin g and bakers...........
167
l,80d,897
03
1(9
2.313,832
1,433,720 and Chili appeared to be exceedingly strained, and even those
L ea th er, shoes & harness
2,427,9)1
118
79
2.140.432
99
2,430,133 who up to that tim e had pooh poohed the idea o f w ar began to
2,366,? 8<
L iq u o rs and tob a cc o.........
111
36
820.840
989,666
86^,841
Glass, earth en w are & brick
33
N aturally, therefore, there was a
627
7,789,299 look exceedingly anxious.
880 14,203,828
864 13,677,374
A ll o t h e r ..........................
steady decline in prices; but the signing o f a protocol refer­
T o ta l m an ufactu ring... 2,441 44,i 60,983 2,409 51,702,142 1,925 80,792,164
ring all the points at issue to the arbiration o f the British
Ira d e rs .
6,760,867 1,10^
G en eral s t o r e s .................. 1,400
8,291,818 1,143
7,002,698 Government has reassured the stock markets, and yesterday
8.202,086 1,808 10,275,755
6,565.96)' 2,080
G roceries, m eats and fis h .. 2,1)31
378
2,620,829
37 6
2,964,549 there was a decided rise both in A rgentine and in Chilian
3,688,995
H o te ls and resta u ra n ts___
410
4,952,691
775
886
3.914.3(10 securities of all kinds.
870
L iq u o rs and to b a cc o ........
4,109,660
I t is feared that both governments
498
576
5,450,018
3,744,629
C loth in g and fu r n is h in g ...
667
4,834,803
8,290,410
387
6.120,853 have spent a good deal of money in army and navy prepara­
482
6,368.644
D ry goods and ca rp ets......
426
334
2.666.106
810
2,345.639 tions; and it is doubted i f they w ill suspend those operations
290
1,867,823
Shoes, rubbers and tru nks
1,528,043
1.680.2’ 5
177
161
198
F u rn itu re and c r o c k e r y ...
1.343,83)
Still, as peace is assured, the credit o f both g o v ­
2,4 22.487
237
207
2,313,168 even now.
298
3.596,379
H a rd w a re, stoves & too ls.
1,341,348
330
1,880,945 ernments w ill begin to revive, and it is to be hoped that
201
830
D rugs and p a in ts...............
1,820,503
133
1,009,036
759,438
161
122
1,160,808
J ew elry and clo ck s............
418,391 good sense w ill induce them after a little w hile to retrench.
624,46 9
61
69
62
459,078
Books and p a p ers..............
444,003
33
8('«,274 W hatever may happen to purely governm ent securities, it is
31
24
189,72H ats, fu rs and g lo v e s ........
0,391,033
8(8
840
9,478,114 1,101 13,251,842
A l l o t h e r ............................
certain that the maintenance o f peaoe w ill bring about a con­
T o ta l tr a d in g ............... 7,985 52,060,640 7,844 69,415,695 7,107 48,924.771 siderable rise in railw ay and industrial securities generally.
305 11,162,954
621 27.377,939
598 16 670,753
B rokers and tran sporters
In both countries there is much to ju stify a further advance.
T o t a l co m m e rc ia l........ 11,0021
113,092,376 10,77; 138,495,67;- 9,337 90,879,889 The economic condition o f Chili is favorable; and though
69 85,017,533
56 82,252,790 matters are not quite so satisfactory in A rgentina, yet the
B a n k in g ..............................
74* 18,018.774
country is steadily recovering from the great crisis o f 1890,
N o t e .—I ron, w oo len s and co tton s include all tn e branches o f th ose manu­ and the railw ay companies are all doing exceedingly w ell.
fa c tu re s ; m ach in ery Inclu des Im plem en ts and to o ls ; lu m b er in cludes saw
Upon the Continent there is very little change. The new
planing,sash and d o orm ills,ca rp en ters and coopers; clo th in g Includes m illinery
and fu rn ish in gs; hats in clu d e fu rs and g lo v e s ; ch em icals include drugs, fe r t ili­ French loan was brought out on Saturday last and was as
zers, paints and o ils ; p rin tin g and books in clu d e en gra vin g s and maps; m illin g
I t is believed to have been
in cludes ba k in g; lea th era n d shoes in clu d e m akers o f harness, sadd lery, t runks great a suocess as was expected.
and ru b ber goods; liq u ors Inclu de tobacco, w ines, b rew ers and beer; glass in ­ covered between 25 and 26 times; and that the applications
cludes ea rth en w are, p o ttery , brick, lim e and cem en t; gro ce rie s in clu d e meats
and fis h ; h o tels in clu d e re s ta u ra n ts ; d ry good s include carpets and curtains; must have been on an enormous scale is proved by the fact
fu rn itu re in c lu d e s c ro c k e ry ; h a rd w a re in c lu d e s s to v e s and tools; and jew elry
that the discounts at the Bank of France increased during
Includes clo ck s and w atches. B rok ers in clu d e alt real esta te, note, insurance
N o w that the loan
o r produce d ea le rs w h ose m ain business Is n o t th e ha n dlin g o f actual products, the week by about 12 millions sterling.
and tra n s p o rters In clu d e a ll e x c e p t in corp ora ted ra ilw a y com p an ies. Under is placed, money w ill become even more abundant and cheat)
B anking are included m ortg a g e, loan and all sim ilar fiduciary concerns.
than before, for trade is exceedingly slack in France, and
there is a total indisposition on the "part of investors to en­
Sales o f Stocks and Bonds D a rin g Y e a r 1901.— Onr gage in any new enterprise. The opinion among the best
usual m onthly detailed statement o f transactions on bankers in Paris is that in the course o f a few weeks money
w ill become so cheap that the French banks w ill increase
the various N e w Y o rk Exchanges is appended. The results m aterially the balances they are already employing In
fo r the tw elve months o f the calendar year are given and fo r London.

THE CHRONICLE

Janvary 11, 1902.]

I n G e r m a n y th e s lo w liq u id a tio n o f b a d business g o e s o n ;
b u t th e w o r s t o f th e c r is is is b e lie v e d t o b e o v e r , a lt h o u g h o f
c o u rs e t h e r e a re s t ill s e v e r a l s m a ll fa ilu r e s w e e k a ft e r w e e k .
T h e r e is a g r e a t o v e r - p r o d u c tio n a n d e x t r e m e d iff ic u lt y in
s e llin g g o o d s . L a r g e n u m b e rs o f p e o p le a r e o u t o f e m p lo y ­
m e n t, a n d in so m e o f t h e g r e a t t o w n s th e r e is m u c h distress.
T h e c r is is is e x c e e d in g ly serio u s u n d o u b t e d ly ; b u t a n i m ­
p r o v e m e n t m a y re a s o n a b ly b e lo o k e d f o r b e fo r e lo n g
A s u su a l a t th is t im e o f th e y e a r , t h e r e h as b ee n a g o o d
d e m a n d f o r m o n e y , w h ic h w i l l p r o b a b ly c o n tin u e t h r o u g h o u t
n e x t w e e k . A w e e k la t e r , h o w e v e r , th e in te r e s t o n th e
n a tio n a l d e b t w i l l b e p a id , a n d th e G o v e r n m e n t e x p e n d it u r e
w i l l b e v e r y la r g e ; a n d th e n i t is p r o b a b le th a t th e d e m a n d
f o r m o n e y w i l l f a l l o f f f o r a l i t t l e w h ile .
O n t h e o th e r h an d ,
t h e ; r o p o r tio n o f th e r e v e n u e c o lle c t e d in t h e fir s t q u a r t e r o f
t h e c a le n d a r y e a r , w h ic h i t w i l l b e r e c o lle c t e d is th e la st
q u a r te r o f o u r fin a n c ia l y e a r , is v e r y m u c h h e a v ie r th a n in
a n y o th e r th r e e m o n th s , a n d t h is y e a r i t w i l l b e e x c e p t io n a lly
h e a v y , b ec a u se b y f a r th e g r e a t e r p a r t o f th e in c o m e t a x is
c o lle c t e d in th e n e w q u a r t e r , a n d th e in c o m e t a x n o w is
h ig h e r th a n la s t y e a r . T h e r e fo r e t h e G o v e r n m e n t r e v e n u e
w i l l be e x c e p t io n a lly la r g e d u r in g th e n e x t t h r e e m o n th s ,
a n d th a t m e a n s t h a t e x c e p t io n a lly la r g e su m s w i l l b e t r a n s ­
fe r r e d fr o m t h e o t h e r b a n k s t o th e B a n k o f E n g la n d a n d
th a t c o n s e q u e n tly t h e B a n k o f E n g la n d w i l l g e t c o n t r o l o f
t h e m a r k e t unless th e fo r e ig n b a n k s e m p lo y su ch v e r y c o n ­
s id e r a b le b a la n c e s h e r e t h a t th e e ffe c t o f th e r e v e n u e c o lle c ­
t io n is n e u tr a liz e d .
T h e ^ ge n era l im p re s s io n is t h a t th e
f o r e ig n m o n e y e m p lo y e d in L o n d o n w i l l b e in c re a s e d , b u t
t h a t f o r a ll t h a t m o n e y w i l l b e in v e r y s t r o n g d e m a n d f o r
th e g r e a t e r p a r t o f th e n e x t t h r e e m o n th s.
E ls e w h e r e in E u r o p e m o n e y w i l l t e n d t o b e c o m e m o r e
p le n t ifu l a n d c h e a p e r. T h e la r g e su m s w h ic h g o o u t f r o m
t h e g r e a t c e n t r a l b a n k s to th e p r o v in c e s d u r in g th e la s t
t h r e e m o n th s o f th e y e a r a lw a y s r e tu r n e d in c o n s id e ra b le
a m o u n ts in th e fir s t th r e e m o n th s o f t h e f o l l o w i n g y e a r , a n d
c o n s e q u e n tly th e te n d e n c y w i l l b e f o r m o n e y t o b e c o m e
c h e a p e r a n d c h e a p e r a ll o v e r t h e C o n tin e n t, e s p e c ia lly as
t r a d e is so d ep ressed , e v e r y w h e r e .
A s t h e f o r e ig n m o n e y
m a r k e ts b e c o m e e a s ie r i t is p o ssib le t h a t t h e r e fle x a c tio n
u p o n o u r o w n m o n e y m a r k e t m a y b e g r e a t e r th a n is g e n e r ­
a l l y a n t ic ip a t e d as y e t ; b u t f o r th e t im e b e in g t h e p r e v a ilin g
o p in io n is t h a t m o n e y w i l l b e in s t r o n g d e m a n d a ll th r o u g h
th e n e x t t h r e e m o n th s . T h e B a n k o f B o m b a y y e s te r d a y
r a is e d it s r a t e fr o m 4 p e r c e n t t o 5 p e r c e n t.
T h e In d ia C o u n c il c o n tin u e s t o s e ll it s d r a fts f a i r l y w e ll.
I t o ffe r e d f o r t e n d e r o n T u e s d a y 60 la c s , a n d th e a p p lic a tio n s
e x c e e d e d 590 la c s a t p r ic e s r a n g in g fr o m Is . 3 31-32d. t o
la . 4 l-3 2 d . p e r ru p e e .
T h e w h o le a m o u n t o ffe r e d w a s
a llo t t e d .
T h e f o l l o w i n g r e tu r n s h o w s t h e p o s it io n o f t h e B a n k o f
E n g la n d , t h e B a n k r a t e o f d is c o u n t, t h e p r ic e o f c o n s o ls , & c ,

10.
91
Dec. 2 .
1
s
Circulation......................... 3 ,1 1 2
0 5 ,1 0
Public deposit*................... 1 ,7 1 5
0 4 ,5 8
other deposits..................... 8 ,6 0 0
7 0 ,1 8
Uovernment securities.......... 1 ,4 5 0
7 7 ,6 5
Other securities.................... 2 ,0 4 5
9 6 ,8 3
Reserve of notes and coir...... 1 ,6 5 2
9 8 ,4 4
Coin&bullion,both departm’ts 3 ,0 4 4
2 6 ,5 4
Prop.reserve to liabilities,.p.o.
40^
Bank rate.............. per oent.
4
9
4
Consols, 2% per cent...,........
Silver.................................
25%
4.
Clearing-House returns........ 1 4 9 ,0 0
4 ,5 0 0

10.
90
19.
89
Dec. 2 .
8
Dec. 2 .
7
s,
s.
2 ,8 8 8 2 ,2 4 7
9 1 ,2 0 8 0 ,9 0
0 3 ,2 1 7 8 ,5 9
,8 3 3
,1 5 0
8 ,6 9 1 41411,281
8 5 ,0 2
1 ,1 7 6 1 ,0 0 8
6 8 ,0 0 3 8 ,8 0
2 ,0 0 7 3 ,0 3 4
9 3 ,4 1 5 8 ,8 4
1 ,5 2 8 8 1 ,8 7 9
6 0 8
7 4 ,3 7
2 ,5 1 6 2 ,3 2 0
8 4 ,1 3 9 4 ,8 7
37%
3 9-16
6
4
6
9 1-10
7
08%
W <t.
%
2 i5-ifld.
6
1 1 2 ,0 0 1 6 1 ,0 0
1 ,3 0 0 1 ,2 8 0

19.
88
£
2 ,8 8 8
7 0 .8 5
7 3 ,0 8
,1 1 2
3 .2 9 9
6 7 ,4 5
1 ,2 9 3
1 9 ,6 6
8 ,0 1 2
1 8 ,0 7
1 .8 1 5
8 3 ,6 6
2 .3 7 4
9 3 ,8 1
4 3-16
3
4
Dec. 2
8

110%

2 6-l«d.
7
1 7 2 ,0 0
2 ,9 8 0

T h e B a n k r a t e o f d is c o u n t a n d o p e n m a r k e t r a t e s a t t h e
c h ie f C o n t in e n t a l c i t i e s h a v e b e e n a s f o l l o w s :

Dec. 27.

Rates of
Interest at

Dec. 2 .
0

3
Dec. 1 .

Dec. 6
.

a ,k Oven Bank Oven Bank Oven
Bank Oven B /n
Rate. Market Rate. Market Rate. Market Rats. Marked

Paris............
Berlin...........
Hamburg.......
Frankfort......
Amsterdam....
Brussels.........
Vienna..........
8t. Petersburg..
Madrid..........
Copenhagen. ..

3

2%

3

3

4
4
4
3
3

2%

4
4

8H

4
5H
4

5

8%
8
%
2%

4
3
8

m

4

m

nom.
4
5

5%
4
5

8
%
8
%
24
5
2%
8%
nom
.

3
4
4
4
3
3
4

5%
4
5

4

5

24
5

3

8
8
24
9
2%
84
5
nom
.
4
5

3
4
4
4

3
3
4
5%

2%

2 15-16
2 1 -1
5 8
2 16-10
2%

4

2%
3%
nom
.
4

6

5

T h e r a t e s f o r m o n e y h a v e b e e n as f o l l o w s :

London.

■
X

£

Nov. 8 4
0
Dec. 7 4
"
1 4
4
• 2 4
•
1
" 28 4

Interest allowed
for deposits bv

Open Market Rates.

f;
y

.
Joint DIs’tU ’s
Stock At 7-14
3Months. 4 Months. 0 Months. 8 Mos. 4 MOS. Banks Call Dayi
Bank Bills.

Trade Bills,

4
5
1 8 6 3 7-16 3 7 ® 5
-16 5 @
2 4 24 24
5
-16 8 4
5
5
5®
4
34
5
24 24 24
5
5
8540*54 3 4 4
34
5
39-10
39-10 3 f)< 8 9
5 ® -10 4
4
5
2 4 2 4 24
5
5
8%
37-10
85 ®4 4 @ 5 2 4 2 4 2 4
4
5
5
44 5
34
5
34
-5
4
5
5
84
9
34
5
2 4 24 2 4
5

VK® 8

M essrs. P i x le y
D ecem ber 24:

&

A b e ll w r i t e

as fo l l o w s

u n d er d a te o f

Gold With the end of the year almost at band, the demand ban
become rather easier, and rates have slightly given way. The Conti nen continues to be the best buyer and baa taken all amounts on
offer. The Hank has lost during the week £150,000 sent to Egypt.
Arrivals: Dane Town, £134,000; West Indies, £24,000; Chile, £4,000.
Total, £102,000. Shipments: Bombay, £20,000; Colombo, £5,000;
Calcutta, £10,000. Total, £35,000
Silver -The price of 25% was not maintained, and with some pres­
<1.
sure from sellers the rate fell to 25*fld, At this level sundry orders

77

put a stop to any further decline, an<l the market closes firm. The
Indian prloe Is Rs05%@05%. Arrivals: New York, £13,000; West
ladles, £0,000; Chile, £10,000; total, £32,000. Shipments: Bombay,
£02,500; Calcutta, £17,500. Total, £110,000.
Mexican Hollars—
There have been no dealings during the week and
the price Is quite nominal.
T h e y a lso w r i t e as f o llo w s u n d e r d a te o f D e c e m b e r 19 :

Gold-Low exchanges from Berlin and the continuance of the
demand for Vienna and Paris have taken all the supplies of bar gold
from the open market, and wo quote 77s. 10%<L buyers. The Hank of
England has lost £190,000 for Koumania, Malta, South America and
Egypt. Arrivals: Australia, £190,000; Bombay, £47,000; Straits,
£8,000; Cape, £44,500; River Plate, £21,000. Total, £316,500.
Shipments: Bombay, £5,000; Madras, £5,000; Roumarila, £20.000;
Malta, £20,000; South Amerloa, £100,000; Egypt, £50,000. Total,
£200,000.

Sliver—
The Eastern buying lias continued all the week, and with no
pressure of sales from New York we have advanced to 25%d. cash and
25i3ied. forward, closing, however, sellers at both prices. Prloe In
India Rs. 65%. Arrivals: New York, £138,100. Shipments: Bombay,
£105,000; Shanghai, £130,000; Calcutta, £10,000; Madras, £2,400.
Total, £247,500.
Mexican Dollars—There has been practically no business In dollars.
Nearest prloe %d. under bar silver. Arrivals: New York, £17,400.
Shipments: Hong Kong, £17,240.
D ie q u o t a t io n s f o r b u llio n a r e r e p o r t e d as f o l l o w s :

GOLD.

uondon Standard.

Dec.
24
8
.

4»r gold, fine— oz.
J.S. gold coin-.-OZ.
ierzn’n gold ooin.oz.
french gold ooin.oz.
Japanese yen___oz.
* Nominal.

Sil v e r .

Dec

19.

d.

Dec.

Dec.

d.

London Standard.

d.

24

ds

19.

77 10% 77 10 Bar silver, fine... oz. 25% 25%
76 4% 76 4% Do 2 mo. delivery 258s 25l3ia
78 5 76 5 Bar silver, oontain’g
do 5 grs. gold.oz. 26
78 5 76 5
26%
6
78 4% 76 4% do 4 grs. gold.oz. 25131 261ia
do 3 grs. gold.oz. 2538 257
8
Cake silver.......oz. 27% 27%
Mexican dollars.oz. 2 5V nom.

T h e f o l l o w i n g s h o w s t h e im p o r t s o f c e r e a l p r o d u c e i n t o th e
J n ite d K in g d o m d u r in g t h e s ix te e n w e e k s o f t h e season
jo m p a r e d w i t h p r e v io u s s e a s o n s :

IMPORTS.

1901-02.
1900-01.
1899-00.
1898-99.
jnp’ts of wheat, owt.20,084,100 23,783,700 19,998.000 18,651,100
10,496,600
8,164,300 6,336,200 11,461,300
Barley............
7,204,900 6,006,500 5,197,770
Jats ..................... 6,432,800
Peas..-........ .........
646,700
945,530 1,298,800
819,820
Beans.................
709,000
691,340
586,000
827,140
Indian corn ..........13,0X4,200 16,343,400 20,316,100 15,104,700
Flour................... 7,085,900
7,019,100 6,996,800 6,575,430
S u p p lie s a v a i l a b l e f o r c o n s u m p t io n ( e x c l u s i v e o f s to c k s on
S e p te m b e r 1):
1

-09

1 QOO.Ol

1 QQQ.OO

1 qqd no

Wheatimported,ewt.20,684,100 23,783,700 19,996,000 18,651,100
tmportsofflour...... 7,085,900 7,019,100 6,996,800 6,575,430
«alesof home-grown.10,101,464 8,283,366 11,011,824 11,032,946
Total.............. 37,871,464 39,086,166 38,034,624 36,289,476
Aver.price wheat,week.278. 7d.
26s, 9d.
25s. 4d„
27s. 2d.
Average price, season.26s. 5d.
27s. lOd.
26s. 3d.
27s. Id.
T h e f o l l o w i n g s h o w s t h e q u a n t it ie s o f
tn a ize a flo a t t o t h e U n i t e d K i n g d o m :
T h iz

week.

Wheat...........qrs...2,315,000
Flour, equal to qrs... 305,000
Maize...........qrs... 755,000

Lazt

week.

2,320,000
310,000
810,000

w h e a t , flo u r a n d

1900.
1,990,000
385.000
790.000

1899.
1,325,000
310,000
890,000

Sh&KllsJfc F i n a n c i a l M a r U c ls —P e r C a b le .
T h e d a i l y c lo s in g q u o t a t io n s f o r s e c u r it ie s , e t c , , a t L o n d o n
a re r e p o r t e d b y c a b le a s fo l l o w s f o r t h e w e e k e n d in g J a n . 10,

LOWDOH.

S a t.

M on.

0
Silver, per ounce.....d. 2515J 25%
94%
Consols., new. 2% p.ots. 94%
9451
6
For account............ 94%
ST’ohrentes(inFari8)fr. 100-40 100a 5
Spanish 4s____......... 77%
76%
6%
Anaconda Mining......
6%
82%
Atoll. Top. & Santa Fe.. 82%
Preferred....... ........ 105% 105%
Baltimore & Ohio...... 110% 109%
Preferred..........
98%
98%
Canadian Paciflo....... 118% 118%
48%
Chesapeake & Ohio.... 49%
24%
Ohloa. Great Western.. 24 %
Ohio. Mil. & St. Paul... 170% 170%
46%
Oen. & Rio Gr.,oom.... 47%
95%
Do
do Preferred. 96
44%
43%
Srie, common..... .
70%
1st preferred.......... 76%
64
2d preferred............ 64
144%
Illinois Central.......... 144
Louisville & Nashville.. 110% 109%
29%
Mexioan Central........ 28%
15%
Mexican National...... 15%
Mo. Kan. & Tex., oom.. 27%
27%
54%
Preferred................ 55%
W Y. Cent’l & Hudson.. 172% 171%
.
36%
N. Y. Ontario & West’n 86%
59%
Norfolk & Western..... 60%
93%
Do
do
pref. 93%
102
Northern Paciflo, pref.. 102
Pennsylvania....... .
77%
77%
"Phlla. & Read.......... 29%
29
42%
'Phlla.& Read.,1st pref. 42%
33%
‘
,Phlla.&Read.,2d pref 83%
02%
southern Pacific......... 62%
34%
ionth’n Railway, oom.. 35
Preferred............... 90%
90%
Onion Pacific............ 100
105%
Preferred................ 92%
92%
1 . 8. Steel Corp., com.. 46%
J
40%
Do
do
pref.. 97%
99
'abash.................
23%
28%
44%
Do preferred....... 44%
Do
Deb. “ B” ....... 09%
69%
* Price per share.

In e z .

25Hie
94l1
6
94%
ICO 50
77
6%
82%
106%
109%
99
119
48%
24%
172
46%
96
44%
70%
63%
144
110
20%
16
27%
55
172%
36%
60%
94
102
77%
29%
42%
33%
02%
35
97
105%
92%
48
99%
24
45
71

W ed.

T h u rs.

Fri.

25i3lfl 25%
25%
93ii1 93%
6
93%
93%
93018 939;6
00 42% 00-32%
00 47%
76%
76%
76%
0%
6%
6%
81%
81%
80%
105
106
101%
107% 107% 106%
98
98%
98%
117% 118% 117%
48%
48%
48
23%
24
23%
169
169% 167%
45%
45%
44%
94%
95%
95%
43%
43%
42%
75%
76%
74%
61%
62%
61%
143
143% 142%
108% 108% 108%
28
29
28
15%
15%
15%
26%
27
26
53
54
53
171% 171% 170%
35%
35%
35
58%
59
58%
93%
93%
94
102
102
102
76%
76%
76%
28%
29%
28%
42%
42%
42%
32%
32%
32%
81%
62%
61%
34%
34%
33%
96
96%
95%
104% 106% 104%
91%
92%
91%
45%
45%
44%
97%
97%
97
22%
23%
22%
43%
44%
43%
70
71
69%

THE

78

CHRONICLE

0$o m i n e r e t s l a n d J W « c e U a r i e o u s I t e u n
N

a t io n a l

Ba

n k s

.— T h e f o llo w in g

n a t i o n a l b a n k s is f r o m

th e T r e a s u ry

regarding
Department.

in fo r m a tio n

NATIONAL BANKS ORGANIZED.

Certificates Issued November 2U, 1901 to J a n u a ry 4 1308*

[You LXX1V

6.080— The Coon Rapids N a tio n a l Bank, Coon Rapids, Io w a . C apital
$25,Oi 0. John Lee, P re s id e n t; Dana Reed, Cashier.
6.081— Th e F irst N a iio u a l Bank o f Santa R '»«a, N e w Mexico. C a p ita l
$25,000. Jefferson R eyn old s, P re s id e n t; H erm an 1). M yers,
Cashier.
6.082— T h e l irst N ation al Bank o f F itz g e ra ld . G eorgia. C apital, $50,4 00
--------- —— .P r e s id e n t ; E. K F arm er, Cashier.
jj
6.083— Th e Ru ral V a lle y N a tio n a l Bank, R u ral V a lle y Pen n sylvan ia,
C apital, $30,000. R. M. T ro llin g er, P resid en t; Jno. C.
Burger, Cashier.
6.084— T h e Farmers* & M erchants’ N a tio n a l Bank o f W lnohester,
V irg in ia
C apital, $100,000. R. T. Barton, P r e s id e n t; H. D.
Fuller, Cashier.

6 0 3 0 —T h e F irst N a tio n a l Hank o f Las A nim as, C olorado. C apita),
$25.• O > Paul J Uanui . Presid** t; Oscar P S m ith,C ash ier.
.
0,031—Th e f i r s t National Haute o f Lurav. V irginia. C a p ita l, $26,000,
GO It VO a a.TIL E X IS T E N C E O f N A T IO N A L B A N K S E X T E N D E D .
E D Newm an, President; J. S. Price. Oa*hter.
0,032—Th e N ational Hank o f Com m erce o f N o rfolk . V irgin ia . C a p ita l.
2.600— The L a n caster N a tio n a l Bank, Lancaster, N e w H am pshire,
*250,000 N a ih a n iel Beaman. President; H M K err,C a sh ier.
L
until close o f business N o vem b er 26. 1021
0,033—T h e Oscet la N ational Hank Osceola, Iow a. Oapl al, $25,0Oil. 2.618— Thu Hudson N ational Bank, 1 ulson, Massachusetts, u n til close
1
Chaw v Av re-*. President; P L F o w ler, Cashier.
o f business N ovem b er 28# 92 ».
6,034—'T h e N ation al M anufacturer* Hank or NVonali, W isconsin. 2,605—Tim C om m ercial N ational Bank o f Columbus, Ohio, u ntil d o s e
c apita), $ ’ 5,000, I>. U. Van O slla n d , Presiden t; S, B. M o r­
of business November 29. 1921.
gan Cashier.
2.597— Th e First N a tio n a l Bank o f Ogden, Utah, until oloset f business
0,035—Th e F irst N ation al Hank » f W heaton, M innesota. C a p ita l,
D ecem ber 2,1921
$ 5,000. D a vid Burton. Presiden t; Hud Anderson, Cashier,
2.598— The Gar held N ational Bank o f the Cifcv o f N ew York, N e w Y o rk ,
6.036— Th e F irst N a tlo i al Bank o f Brigham C ity, Utah.
C apital,
until close o f business D ecem ber 7, 1921.
$ 3",oo0. L ore z«» N Btohl. President; John D. Peters,C ashier. 2.601— Th e W inters N a iio n a l Bank o f D ayton, Ohio, until oloee o f
6 .0 3 7 — T h e D e i v e r N a t i o n a l B a n k o f D e n v e r P e n n s j l v a i ia. C a p i t a l ,
business D ecem ber 14. 1921.
$50,4,00 M (J. ilehs. P< esldent; A lv in W. M en tzer, Cashier; 2,652—Th e Stock G r were’ N ational Bank o f Cheyenne, W yo m in g, un­
A. W. Mai burger. Vice* Pi esldent.
til d o s e o f business D ecem ber 19, 1921.
6,038 —Th e C itizens1 N a tio n a l Bank or L o n g Brancn, N e w Jersey. 2.619— 1he M erch an ts’ N ation al Bank o f Dunkirk, N ew Y o rk , u ntil
C apital, $10o,000,
Hums B lodgett, Presiden t; H a rry B.
close o f business D ecem ber 20. 19 2 1.
Sherman J r , Cashier C onversion o f the C itizen s’ Bank o f 2.622— The F irst N a tio n a l Bank o f F o rt Collins, C olorado, u ntil close
L o n g Branch,
o f business D ecem ber 21, 1921.
6 039—'T he First N ational Hank o f Goodland, Kausas. C apital, $25,* 2,626—T h e T a rry tow n National Bank, T a rry to w n , N e w Y o rk , until
000. Joseph s. H u tchison, Presiden t; B. F. B row n , Cashier.
close o f business Dee. *z3,1921.
Conversion t f Good land C ity Bank
2 ,6 1 4 -L h e F irst N a tio n a l Bank o f A lbu qu erqu e, N e w M ex ico , until
6.040— T h e Fuse N ation al Bank of C enter Point, Texas.
Capital,
close o f business D ecem ber 24. 1*21,
$25,* 00. H. M. B arnev, P resid en t; G. P. M cG orkle, Cashier. 2.610— The Salam anca N a tio n a l Bank, Salam anca, N e w Y o rk , u n til
6.041— 'T h e M an illa N aiiou al Bank, M an illa. Io w a
C apital. $25,000.
olose o f business Decern bet- 28 19 4 1.
-------, President; D. W. Shaw, V ice-P resid en t; F. L. Van
2,646—T h e F irst N a tio n a l Bank of Topeka, Kansas, until close o f
Blyke Cashier.
business Let-ember 26, 1921.
6,012—Th e F irst N ational RaDk o f B row n sville. Tennessee. Capital, 2.611— Th e Fourth National Bank o f G rand Rapids, M ich., u n til close
$25,004 . J. a . W ilder, Presiden t; R. M. Chamblies, Cashier.
o f business D ecem ber *9. 1921.
6 043—Th e C itizen s N ation al Bank o f L o n g v ie w . Texas.
Capital, 2.623— Th e Manufacturers* N a tio n a l Bank o f B a ltim o re, M a ryla n d ,
$50,4 OO H H. H o w e ll, Presiden t; F. K Brow n, Cashier.
until close o f business Decem ber 29, 1921.
6.044— F irst N a iio n a l Bank o f Bakersfield. Cal forn ta. C apital, $100,- 2.612— 1 he P eo p le’ s N a tio n a l Bank o f L a w ren oeb u rgb , Indiana, u n til
OtO Clinton E. W orden , President; Frank 8. R ice, Cashier.
close o f business D ecem ber 30. 19 41.
6.045— The F irst N a tio n a l Bank ( f P a rk ers’ Lan d in g, P en n sylvan ia. 2,749—T h e F irst N a tio n a l Bank o f H ou ltou , M aine, u n til olose o f
Capital, $25,000. K. Gritlith, Presiden t; C W W ick, Cashier.
business D ecem ber 31, 1921.
6,C46—Th e F irst N a iio n a l Bank o f Cellna, Texas. C apital, $26,000. 2,617—Th e State N a tio n a l Bank o f Austin, T ex a s, u n til close o f busi­
J. E M itch ell, P r e s id e n t ;----------------, Cashier.
ness Janu ary 3, 1922.
6.047— Th e C ow eta N a tio n a l Bank o f N ew n an , G eorgia. Capital, 2,621—T h e O ttu m w a N a tio n a l B an k, O ttu m w a, Io w a , u n til olose o f
$50,0 00. R I I H ard a w a y. Pievid en t; N. L. North, Cashier.
business Jan 3, 1922.
6.048— Th e W agon er N a tio n a l Bank, W agoner, In dian T eriico ry.
a p p l ic a t i o n s t o c o n v e r t s t a t e b a n k .
C apital, $25,000. F. O. Blieldon, Presiden t; C. J. B row n,
Approved November 29, 1901, to January Sy 1902.
Cash er.
6.049— The f i r s t N a tio n a l Ban k o f H erndon, P en n sylva n ia . C apital, T h e F irst State Bank o f W aubay. South D akota, In to Th e F ir s t N a ­
$25,000. H e n ry D. Bow er, P re s id e n t; A d a m 8. H ep n er, tion al Bauk o f W aubay. C apital. $25,000. B lanks sent to C. C.
Cashier.
Guernsey, Cashier.
6.050— Th e O ran ge N ation al Bank, O range. T ex a s. C apital, $50,000. The Bank o f G eary. O klahom a T e rrito ry , Into T h e F irst N a tio n a l
Gso. W. B an croft, P resid en t; Jas. P. Roach, Cashier.
Bank o f G earv. Capital, $25,000. Blanks sent to John H Dillon.
6.051— The C itizen s’ N a tio n a l B a n k o f S la tln gto n , Pen n sylvan ia. The Bank <f Chandler, Oklahom a T e rrito ry , in to T h e Chandler N a ­
C apita], $50,000. ------- ------- , P r e s id e n t; H . H. JYJisaon, tion al Bank. Capital, $25 000. Blanks sent to John M. H ale, Cashier.
Cashier
The Bank o f Chinook. M ontana, in to The F irst N a tio n a l Bauk o f
6.052— T h e F irs t N a tio n a l Bank o f C ordell, Oklahom a T e rrito ry . Chinook. C apital, $ .0,000. Blanks sent to ( has. E. Owens, Cashier.
Oapi al, $25,000. G ibson H . R o w le y , P resid en t; H erm a n L.
The F irst State Bank o f W a v e riy , L iiin o s. into Th e F irst N ation al
R o w le y , Cashier.
Bank o f W averiy.
Capital, $25,000.
B lanks sene to F ir s t State
6.053— Th e A m erican N a tio n a l Bank o f E v e re tt, W ashin gton. C api­BaLk, W averiy, Illin ois.
tal, $I4j0,000. J. T. M oCliesney, P re s id e n t; R o t ert M oody,
The M erchants’ Bank o f B ottineau , N orth Dakota, in to Th e F irst
Cashier.
Nath nal Bank o f Bottineau. C apital, $25,000. B lanks sent to F. W.
6.054— Th e F irst N a tio n a l Bank o f F o ld a , M innesota.
Capital, Cathro, B ottineau , N orth Dakota
$25,000. J. M. D ickson, P jesident C. A. M eillcke, Cashier.
Th e Eastern B u ik o f Oklahom a. Ralston, O klahom a T e r rito ry , in to
6,055 -T h e F irst N a tio n a l Bank o f L iv e Oak Florida. C apital, $30,- The First N a tio n a l Bank o f R a lsT
on. C a p ita l, $2o,090. B lanks sent
000. Clias. H. B row n, President ; ----------------.C ashier.
to H. E. Thompson. R a ’ston. Oklahom a T e rrito ry ,
6.056— Th e F a rm ers’ N a iio n a l Bank o f R ed Oak, l o w - . Capital, $60,- The Bang o f Benson, M innesota, in to the First N ational Bank o f
4 OO. M. Chandler, P resid en t; O. J. Gibson, Cashier,
j
Benson. C apital, $25 000. Blanks sen t to th e Bank o f Benson.
6.057— Th e h irst N a tio n a l B a n k o f E aton , Colorado. C apital, $25,00 0. The M eeker County Bank o f Litch h eld , M innesota, In to the F irs t N a ­
W illia m W SuilivaD, Presiden t; F red erick L. W eller,C a sh ie r
tion al Bank o f Litchheld.
C apital, $50,0do.
B lan ks sent to the
6.058— Th e F irst N a tio n a l Bank o f Sayre. Oklahom a T e rrito ry . Capi­M eeker County Bank.
LIQUIDATION
tal, $45,00“ . A L Thurmond. P resid en t; Gt-orve F. Sisson,
Cashier. C on version o f the Thurm ond S tate Bank, Sayre, 4,270—The N a tio n a l Bank o f Com m erce o f Omaha, Nebraska, has gon e
Oklahom a.
in to vo lu n ta ry liqu idation by resolu tion t f its shareholders
6.059— Thu O x fo rd N a tio n a l Bank, O x ford . Ohio. C apital, $50,COO.
dated De( em ber 10. 9 0 i, to ta k e etleor im m ed ia tely.
JosiaJh A W elsh, P resid en t; C. A. Shera, Cashier.
646—The Shoe < L ea th er N a tio n a l Bank o f Boston has gone in to
fc
6.060— The F irst N a tio n a l Bank o f Ocean C ity, N e w Jersey. Capital,
vo lu n ta ry liqu idation , by resolution o f its shareholders dated
$50.u l0, L . M. Cresse, P re s id e n t; W . S cott H and, Cashier.
D ecem ber lu , 190L, to ta k e effect im m ediately.
6.061— Th e F a r n ie i’ s N a tio n a l Bank o f P on ca C ity. O klahom a T e r r i­ 359—Th e T h ird N ation al Bank o f B >stoD, Massachusetts, has gone
tory. Capi al, $25,000. John Jensen, P resid en t; J. J. Mo
in to vo lu n ta ry liq u id a tion by resolution o f its shareholders
G ra w , Cashier.
dated D ecem ber 23. to ta k e effect D ecem ber 2 t, 1^01.
6.062— Th e F irst N ation al Ban k of B a y C ity , Texas. C a p ita l, $50,000. 387—Th e N in th N ational Bank o f the City o f N e w York, N e w Y o rk ,
J. M. M oore, President; W. T. Goode, Cashier.
has gone in to vo lu n ta ry liq u id a tio n b y resolu ion o f its s to c k ­
6.063— The F irst N a tio n a l Ban k o f Pom eroy, Io w a C apital, $40,000.
holders, dated D ecem ber 9, to take effeot Decem ber 3 1 ,1991.
L e w is W. M oody, P re s id e n t; A lb e rt B. N ix o n , Cashier.
6.064— Th e F irst N a iio n a l Bank o f K en m are, N o rth D akota. Capital,
$*5,04.0. Charles H . Ros6, P r e s id e n t ;----------------, Cashier.
I m p o r t s a n d i &x p o r t s f o r t h e W e e k .— T h e f o l l o w i n g a r e
6,0€5—T h e F irst N a tio n a l Ban k o f L it t le Y o rk , Illin ois.
Capital,
h e im p o r ts
t N e w Y o r k fo r th e w e e k e n d in g fo r d r y g o o d s
$z5 OoO. R M. Stevenson, P r e s id e n t; 8. L. Thom son, Cashier.
6.066— The C itizen s’ N a tio n a l Bank o f P o r t A lle g a n y , Pen n sylvan ia. J a n . 2 a n d f o r t h e w e e k e n d i n g f o r g e n e r a l m e r c h a n d i s e
Capital, $50,000.
C. A . D o lley, P re s id e n t; M. T. Page, J a n . 3 ; a l s o t o t a l s s i n c e b e g i n n i n g f i r s t w e e k J a n u a r y .
Cftshi e r
FOREIGN IMPORTS.
6.067— T h e A iv o rd N a tio n a l Bank, A lv o rd , T ex a s. C apital, $25,000.
W. R Thom pson, P resid en t; Jno. T. C arter, Cashier.
1900
1899
1901.
H’o r wce.fi.
1902
6.068— Th e F irs t N a tio n a l Bank o f F a irp o rt H arbor, Ohio. Capital,
.*25,000. W m Tru b y, P re s id e n t; C. A . M oodey,C ashier.
$2,116,015
$2,368,076
$2,257,106
*2,699.552
6.069— Th e F irst N a tio n a l B ank o f Blum, Texas. Capital, $*5,000. •>ry Goods—
7,390,637
7.612,153
7,816,379
D. E W aggon er, P resid en t; W A. W ells, Cashier.
4enT mer’dise
7,497,133
6.070— T h e Farm ers’ N a iio n a l Ban k o f Sheridan, Indiana. C apital
9.S69.259
$9,932,394 $10,258,911
*30,0oo. John C. N ew b y, P re s id e n t; Thom as L . H arris,
T otal..-.-. $10,196 685
S in c e J a n . 1.
Cashier
$2,257,106
$2.36S,076
$2,116,015
$2,699,552
6.071— Th e Van Zandt Cou nty N a tio n a l Bank o f W ills Point, Texas. Dry Goods....
7,612,153
7,890,837
7,816,379
7,497,133
Capital, $35,000. H . F. G oodnight, P r e s id e n t; E. C. L ew is,
4en’l mer’diae
Cashier.
$9,^69,259
*9,932.394 $10,258,911
6.072— Th e N a tio n a l Bai k o f Chanute, Kansas. C apital, $50,COO. J. Tot.a$ 1 week. $10,196,685
H. L igh t, P resid en t; G eorge N. Lindsay, Ca.-hier.
T h e f o l l o w i n g is a s t a t e m e n t o f t h e e x p o r t s ( e x c l u s i v e o f
6 .0 7 3 — T h e F irs t N a tio n a l Bank o f B ritton , South Dakota. Capital,
$2,5,000. D. T. H lnduian, Presiden t; S. E. Forest, Cashier.
jp e o ie ) fr o m t h e p o r t o f N e w Y o r k to f o r e ig n p o r ts f o r th e
6.074— Th e C am N a tio n a l Bank o f P o r t A n geles, W ashington. Capi­ v e e k e n d i n g J a n . 6 , a n d f r o m J a n u a r y 1 t o d a t e .
tal. $2o,c00. John Cain, P resid en t; John A . Cam eron,
EXPORT* FROM NEW YORK FOB THE WK5KK
Cashier.
6.075— T h e Shuford N ation al Bank o f N ew to n . N o rth Carolina. C api­
tal, $ 3 0 , 0 0 0 . --------------- , Presiden t; J. C. Sm ith, Y io e-P resi­
1301.
1300
18*9
1902
d en t; A . H. C row ell, Cashier.
6.076— Th e N a tio n a l P eo p le’s Bank o f Pu laski, Tennessee. Capital, f o r the week.
$9,033,419 $13,073,893 *11,803,705
$8,874,991
$60.0uO. Z W. Ew ing, P resid en t; N. A. C rockett, Cashier.
*rev. reported
6.077— T h e Union N ation al Bank o f L o w e ll, Massachusetts. Capital,
$350,000. A r l i u r G. P o lla rd , P resid en t; John F. Saw yer,
$9 033.419 #13 073.993 $11 802.705
$8,874,991
Total 1 week.
Cash! er.
6.078— Th e c it y N ational Bank o f F o rn ey , T ex a s. C apital, $25,000. N ote .—As the figures of exports as reported by the New York
Custom House from week to week frequently show divergence fw ui
D G . M cK ella r, P resid en t; J. T. Rhea, Cashier.
4 079—Th e N orth G eo rg ia N a tio n a l Bank o f Blue R idge, G eorgia. the monthly totals, also compiled by the Custom House, we shall from
5
C apital, $40,000. John H . C arter, P r e s id e n t; A. 8 J. D avis, time to time adjust the totals by adding to or deducting from vu*
amount4 previously reported.”
4
Cashier.

THE CHRONICLE.

J anuary 11, 1902.]

79

itoporlH of Non Member Banks.—T^e following Is the
The following table shows the exports and imports of
upeoie at the port of New York for the weok ending Jan. 4 itatement of condition of the non-member banks for the
and since Jan. 1 1902, and for the corresponding periods in Yeek ending Jan. 4, based on averages of the dally result,
,
Dp o m it tw o nitih.prf* f 00 ) in »/
,/
pp.
1901 and 1400.
EXPORTS AND IMPORTS OP 8PB0IB AT HEW YORK.
(S x p o r t i .

Im p o rts .

G o ld .
S in c e J a n .

W eek.

$142,250

G re a t B rita in ........
F ra n o e .................. . _
G erm a n y............... .
W est In d ie s ........... .
M ex ico ............... ....
floutJi A m e r ic a ____
A ll oth er countries.

BANKS.
(00b omitted.)

1

W eek.

$14.2,250

10 000
2,000

$ . ........

4,833
4,814

$154 250
17,000
2,937,9.^2

T o ta l 1 9 0 2 ......
T o ta l
T o ta l 1900........

$142,250

$>,647
150.983
9 762

2,900 000

K x p o rU .
W eek.

S in c e J a n . 1.

G re a t B r ita in ........
F r a n c e . . . . ..........
G erm a n y ............ .
W est In d ie s ..... .
M e x ic o .... ............
South A m e r ic a ......
A ll o th er countries.

$973,370

T o ta l 1 9 0 2 ......
T o ta l i y u i ____
T o ta l 1 9 0 0 ......

3979.836
1,219,314
955.346

$ ........ .
135,472
9,702

Im p o rts .

S ilv e r .

W eek.

$394,250

6,466

S in c e J a n . 1

$656

$ .........

1,435
9,043

.........

$394 25C
404.120
783,916

$11,134
128,065
40,260

Capital. S u rp lu s

Loans.
$

$

$

Specie

Bank ol N . Y ---- 2 , 000,0 3.218.1 17.927.0 2.944.0
Manhattan Co... 2.050.0 2.100.4 22.452.1 0,690,1
Merchants’ ....... 2 , 000,0 1.170.4 12.538.3 3.032.7
Mechanics’ ....... 2 , 000,0 2.394.8 12.847.0 1.719.0
A m erica........... 1.500.0 3.177.5 19.009.5 2.780.7
Ph en ix..... ....... 1 , 0 0 0 ,0
780.0
273.6
4.431.0
C ity .................. 10, 000,0 6.003.3 109,218,0 27.623.0
300.0 7.047.7 24,174,8 5.019.1
Chemical..........
600.0
Merchants’ E x ..
760,9
5.062.1
201.5
Gallatin............. 1 , 000,0 2.004.0
8.480.1 1.031.8
300.0
280.0
63,3
Butch. A D rov’ s’
1,289,9
400.0
610,0
130.4
Mech. A Traders’
2.907.0
118,1
175.8
200.0
Greenwich........
859,5
600,0
Leather M ’t’r* .
5.276.2 2 , 061,6
517.8
902,4
18,5
Seventh N atton’ 1 1.700.0
5.115.1
1.200.0
540.4
State ol N. Y
481.7
4.850.6
29.543.0 4.157.0
-8,4
American Exch. 5.000. 0 3.3
Commerce......... 10, 000,0 7.165.7 72.963.6 10,415,7
738.2
Broadway......... 1 .00 0 .0 1.638.3
8.095.2
M ercantile....... 1 , 000,0 1.380.5 13.748.2 2.220.9
422,7
613.8
2.685.0
519.0
P a cific..............
480.2
997.2
450.0
5.941.0
Chatham...........
200.0
156.0
People’s.............
2.123.5
353.8
North America.. 1 , 000,0 1.106.7 11.043.4 1.040.7
0
Hanover............ 3.000. 6.041.2 40.758.7 7.760.1
545.2
491.8
500.0
I r v in g .......
4.177.0
600.0
6.601.2 1,339,6
404.0
Citizens’ ....
220.7
289.4
500.0
Nassau......
2.571.7
0 , 102,0
900.0 1.038.5
700.0
Market A Pulton
045.2
3.075.1
0 228.2
Shoe A Leather. 1 00 0
Corn Exchange.. 1.400.0 1.852.0 22.703.0 4.006.0
171.0
415.4
300.0
O riental___
2.093.0
Im p’t ’rs’A Trad. 1.500.0 0,224,9 23.210.0 3.986.0
P a r k ................. 2 , 000,0 4,080,U 48.241.0 10.807.0
109.2
250.0
103.0
East R iv e r.......
1.314.3
Fourth.............. 8, 000,0 2.615.5 22.149.1 3.910.0
Central............. 1 , 000,0
601.7 10,449,u 1 . 022.0
9.138.0 1.529.0
300.0 1.062.0
Second..............
First..... .. . . . . . . . 10,000,0 11,351,4 78.197.8 14,101,6
670.7
500.0
330.9
N .Y .N a t’lE xch .
4.363.8
2w0,0
Bow ery.............
3.141.0
769.9
250.0
014.9
3.881.0
598.4
200.0
N. Y. County....
German A m erL.
750.0
430.8
3.487.8
410.8
10,344,5
Chase................ 1, 000,0 2,088,0 41.037.4
9.011.0 2.303.4
100.0 1,424,1
Fifth A ven u e...
212.3
German Exch ...
200,0
2,234,7
580.7
414.3
2.040.4
200,0
Germania...
830,3
Lincoln.......
300.0 1.037.9 18.015.3 1.171.8
7.444.4 1.643.9
Garfield............. 1 , 000,0 1.204.8
267.0
F ifth ................
2.205.4
200.0
375.7
Bank of Metrop.
7.853.9 1.051.4
300.0 1,163,888.0
West Side.........
2.782.0
200.0
461.0
Seaboard_
_
500.0 1.037.4 11,79%0 2.299.0
Western..... ....... 2 . 1 00.0 2.648.5 30,623,0 8.751.4
443.0
1st Nat., B ’klyn.
4,2^0,0
540.7
300.0
Liberty............
770.7
500.0
0,087,3 1,105,3
N. Y. Prod. E x.
1 , 000,0
766.0
4.381.6
420.8
809.2
7.301.4
669.8
250.0
New Amsterdam
Astor..........
480.9
4.183.0
350.0
681.8
340.2
2.828.0
Hide A Leather.
382.6
500.0

.

.

Legale.
$

1.402.0
2.820.3
1,133,6

1.201.0

2.008.9
292.0
0,928,0

2.487.1

005.5
879.2
97,7
309.0
151.1
220.7
144.8
380.3
1.457.0
0,307,2

890.9

1.734.5

412.1

901.9
642.8
1.340.4
6.568.2
459.5
328.3
480,7
833.4
295.5
2.184.0
5 2,9
1.281.0
4,213 0
239.6

$ ........
68,288
40,260

in—

Deposits servt
$
17.439.0
28,272.7
15,18*,4
13.086.0
21.387.4
4.194.0
124,5 77,0
24.562.4
$.301,6
0,785,2
1.651.8
3.013.0
774,5
6.390.6
4.624.3

P .C

25 2
31-5
27 4
22 3
25-5
25'0
27*7
30-3
25*2
28 1
2 4'7

22*0

34'7

36* 8

23 1
3.040.8 23 0
22,8 i4r0 24'0
04.924.6 25*7
6.042.0 2 0 0
14.707.6 20'9

N. Y .*
Dec. 14 .
2L..
28..
Jan. 4..
Hub *
Dec. 21..
28.
J an. 4.,
Phi la.*
Dec. 21..
28..
Jan. 4..

%

182.813,5
184,041,7
181,041,7
183,241,7

%
m *
870,373.3 1044588
867,005.4 1010488
857,900 2 1010182
809,540,0 1048088

38,716,3 176.205.0
38,716,3 174.000,0
38,716.3 173.547,0

147.9
120,0
58 9
68,9
53 6
118.9
108,3
100.6
101,1
240,t
78 4
178,0
135 0
106.4
207,7
118.7
42,0
28.9
72.9
84.9
10,8

Bedford...............
Broadway............
Brooklyn...........
Eighth Ward........
fifth A venue......
Kings Countv......
M
aaufaot’rs’ Nat’l.
Mechanics..........
vieoh’s* A Traders’
Merchants’....... .
Nassau National..
National City .....
Morth Side. J.,.,,..
Peoples........... . _
seventeenth Ward
Sprague National..
Twenty-sixth W ’d.
CJnion................
’aiiaDOUt...... . 4

160,0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0

127,0
180,2
100,6
33,2
77,4
62,2
405,7
359,8
187,0
27 i
047,6
582,4
144,8
120,1
78,5
248,8
50,8
53,8
01,2

1223,3
1721,0
1048.0
300.8
087,7
085 0
2701.0
3810.9
904 4
701.0
3788.0
2900,0
938,2
911,0
537,6
1142 0
517,0
048.9
785.9

10.6
23.4
64,3
11.6
35,7
31,4
350 i
178.3
16.2
11.1
179.0
169.0
12,6
40.0
8,1
100,7
11.8
30.8
33,7

94 e
U0 6
29,0
25,4
20,2
21,4
240 0
148.4
00 2
73.1
288S
i
272,0
52,8
64 9
39,0
18.0
27,1
01,f
c
oain
& 1
O

Sank of Staten Isl
at Nat.,Staten Isl

26,0
100,0

68.4
88,4

579 1
674,6

18.2
34,3

27,5
20,0

st Nat., Jer. City.
3ud. Co. Nat., J.C.
2d Nat., Jer. City..
M Nat., Jer. City..
1st Nat., Hoboken.
£ Nat., Hoboken.
d

400,0
260,0
250,0
200,0
110,0
125,0

942,0
008,5
308,C
243,0
482,7
116.0

Borough of
Richmond.

Other Cities.

338.0
307.4
207.5
2.032.9
244.5
1 0 1 0 .2
492,4
2.835.0
34 L,5
235.7
061.0
377.0
1.303.0
2.301.9
477.0
426.0
358.9
1.248.5
341.7
114.1

.

24*8
20*1

32*0
19*7
26*8
24*0
21*0

25*0
2.917.0 20 2
14.081.0 20 0
42, *7 7,1 26'0
4.200.0 21*9
0,417,0 23'0
4.360.8 25 7
8,605,) 24'7
4.100.0 24*9
2.014.7 *2 8

71,785,8
70,700,0
71,990,0
74,267,8

$
923,158,3
904,090.3
910,809.8
920,204,1

$
$
31,870.0 10020498
31.929 3 14631312
31.860 1 i 1876011
31,874,2 10250380

8,527,0 212,997,0 5,342.0 130 120,3
8.930.0 209.033.0 6,363 0 105 617.3
9,390,0 216,018,0 6,081,0 140,721,7
197,915,0 9,863,0 108.777,5
194,074,0 9,830.0 90,984 3
204 808,0 9,852,0 113 840,8

f o r B o s t o n a n d P h i l a d e l p h i a t h e I t e m " d u e t o o t h o r b a n k a . '•

105,7 100.7 1321,3
147,6
1813,1
097,0
111,7
4.9
39.9
1,0 332,3
00.0 11,5
025,2
07.1 10,4
070,4
107,0
3280,3
232,0 23,0 4168 8
12/ 2 50,6
961.5
730.4
36 0
517,0 36,0 4405,0
533 0 02,0 3452,0
8.6 838,5
60,4
03.3 42,3 900,4
8.4 432,7
09,7
170 7 30,0 1002,2
50,4
1*
■ 617,1
00 2 52,8
720.0
782,9
44,0 36,0
98,4
87,5

Auction Sales.—
-By Messrs. Adrian H, Muller

96
„„_„

657.7
637,8

bon .

Bondb.

B onds.

20 6

21*3

1
f
1
150,0
2020,0
193.0
8,0 2564.0
277,6 75,0 1877,2
210,0
1336 1
129,4
8,4 1302 4
129.0
6,0 1840,0
202 2 62,6 2804,0
189,3
8 1403,1
274.2
0
.1 1813 2
243,0
2784 0
03,0
1 40.8
362 0 405,0 5154,0
09,0
1074,0
83,0 48,3 1200 9
372,7
2750 0
91,7
10,0 1276,0
98 8 10.e 731,0
80,1
445,2
134,9
4 835.4
169,1
5,3 1017,2
24,1
123,8
_
_
31,3
173,0
87,3
41,0
613,8
....
k

Totals Jan. 4.. 9002,0 9051,5 73054,1 3502 1 4588,9 9534,3 2493 4 31055,6
Totals Deo. 28.. 9002,0 9051,6 73609.9 3535,8 4748 8 0581,5 2159,4 30189,6
r'O iain Dec. 2 1 .. '002.0 9061 * 73274 n 3379.a 4440 1 9431,8 2019,5) 79541.7
T

$ 10,000 A m er. L ith o gra p h ic
Co. deb 6s .......................... 35
$15,0 oo W a rrio r Goal A Coke
Co. 08................................ $10,000
Stocks.

3 Bank o f th^ St. o f N . Y .,1 9 5
^0 H >ine Insurance C o .......300
8 k) A tla n tic T ru st C o ........... 285
JO W illiam sbu rg Tr. Co.. ..215
38 L y k en s V a l. >'R A C . Co. 80
20 Lin coln Safe D eposit Co 140
17 A m e r E x. N a t Bk 28478-286
20 O hesebPgh M fg. O o .455-456
20 Chatham Nat. B a n k ....... 340
700 P h en ix Nat. B an k...........l l ? 1
^
3 L a w y e rs ’ T itle Ins. Oo .3321
2
13 H a n o v e r F. In *. C o.,N .Y. 136
10 C entral Trust C o .......... 1900
3 J Merch. E x c. Nat. B a n k .. 157
5 N e w A m sterd. Nat. Bk.1400
15 F o irth N a t. B an k...........240
10 T w e lfth W ard B a n k .......ISO
18 O rien ta l B an k.................227

$25,000 O. o f N. Y . 3s(D ock),

20*8

21 1

1

4990.0 248,6 242 1 1747,9 1104,7 7272,2
2318,3 94.0 82,6 319.2 118,2 2214,4
1)33.2 65.3
1166.4
13.7 353.1
1069.3 43 2 01 3 409.9
38,1 1381.2
2252,8 120 5 24 8 150 9 13,3 2040,3
36,0
970 8 30,7 21,0
3,7 817,2

2.413.9 23.165.0 27*3 $1,000 C. o f N. Y 3s (School
House) 1914. M A N . ..99«8 A int.
1,010,0 12.900.0 25*2
921.0 10.006.0 24*4 $3,000 O. o f N Y . 88 (H a rlem
2.197.6 71.899.4 22'7
R iv e r
D riv ew a y ,
1920,
414.3
4,000,0 24 0
M A N ............................ 99i2 A i n t

* We omit tA o ciphers in all these figures.
O
i In o ln C in u

02,6
270,0
61,8
64.9
22,2
115.4
117.0
34.0
27,9
126.0
18 1
358.0
30.0
35,3
45.i
37,7
11.4
10.6
4,9
10 9
0,9
9,8
57,0

24 4
1925, M A N ................. .<-912 A in t .
23 4 $10,000 C. o f N. Y. 3s (Im p.
24 8
o f R ive rsid e P ark ), 1914,
30 4
M A N _____ _
_______ 9 9 ^ A int.
24*9 $l.O oo C. o f N. Y . 3s (C ity
26’6
I m p ), 1915, M A N ___ 99% A int.

DepositsA Oirc’Vn. Clearing>

40,839,0
47,580,0
53.082,0

$
1008.5
2299.0
1554,0
1180.fi
1260,7
1741.4
2292,3
1426.2
1001 9
2705.0
1040,4
4067,0
1302.0
1023,0
2099,7
1413.7
090,2
401.8
700 9
893,8
223.0
320,0
1180,4

3.645.0
4.314.0
3.292.8
49,74 7,4
9.975.9
8.711.7
4,681 3
15.490.0
7.030.7
2.246.7
9.208.8

22*1

Legale.

67,032.9 189.380.0 15,805,0
67,032.8 180.783.0 16.109.0
67,032,9 J85,512.0 14,831,0

$
148,4
223, J
130,7
82,9
27,0
102,6
76,6
107,3
151,0
210,7
129,1
318,0
65,0
70,5
300,2
231,1
32,0
94,0
50,3
55,3
01,3
98,2
200,0

26*1 $5,000 Chic A N ’w ’ern R R .
23A
(M adison E x ) 1st 7e, 1911,
27*1
A&O
20 4 $33,- 00.................................s h.12938
C. o f N. Y. 3s (W a
­
25*7
ington B rid ge P a rk ), 1920,
23’5
coupons MAN ......... 9 ^ A int.
25 1

New fork City, Boston <e Philadelphia Banks.—Belot*
t
we furnish a summary of the.weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia,
The New York figures do not include results for tne non­
member banks.
Specie.

%

100,0
Join mOla ........... 300,0
eleventh Ward.... 100,0
fourteenth Street, 100,0
200,0
*anaevoort.....
200,0
Hamilton..... .
Mount Morris...*.. 250,0
Mutual............... 200,0
Nineteenth Ward.. 200,0
100,0
Plaza.
tlverslde............ 100,0
•Jt&
te................... 100,0
Twelfth Ward.---- 200,0
j’wenty-third W ’d, 100,0
Union Square...... 200,0
forkvllle............. 100,0
Washington..-.— 100,0
fidelity__ ____ 200,0
Varlok_.............. 100,0
200,0
Jelfarson...... ....
Century — ...... 100,0
100,0
Wash’gtonH eights
U ui ted National... 1000,0

3.078.3
5.911.0
2.930.0
11.308.2
61.059.3
4.272.0
0,038,6
3.189.0
0,287,0
4.020.0
27.577.0
2.213.0
21.117.0
68.895.0
1.522.0

T o ta l........... 82.872,7 1008090 809,640,0 1048088 74,267,8 9*0,204,1 26*8

Capital J
c
Ba n e s . Surplus. Loans.

Borough of
Manhattan,

Aoro'h of Brooklyn.

New fork City Clearing Bowse Banks.-—Statement’ ^of
condition for the week ending Jan. 4, based on average cf
dally results. We o m it two ciphers (0 0 ) in a ll cases,
BANKS.

Bur- hoannA
Leg 1 Deposit, with
.
Net
. H
plus. Invest­ ipecie. A B’h 1 ed/r[g Other Deposits
No ten Agent. BksMc
ments.

Niaw Youn Ci t y .

S in c e J a n . X.

$ ...........

Capi­
tal.

$12,500 U. N. Y . 3s (addit’al
w a te r stock),’'<>7, A AO 9 ^ A int.
$2,000 R R Equip. Oo., Series
A 99a (tru st co. certs o f de­
posit) ,$575 pal 1on ea.bond 2 ^

By Messrs Richard V, Harnett < Co.:
fc
|

Bonds.

$50.00'* P itteb . Shaw m ut A
N o R R 1st 50-vear s...... r O U >
_____________ M

m

i k l n

a n d

g

Spencer

S to ck s

1 N. Y . L a w In s titu te ...... $120

fft im

Trask

n x t a i,

5c

_________

Co.,

BANKERS,
27

Ac 2 9

P IN E S T R E E T ,

-

NEW YORE

T ra nsac t a general banking business; act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
IN V E S T M E N T SE C U R ITIE S*
Members N, Y Stock Exchange.

Branch Office, 07 State St., Albany

G eorge B a r c la y M o ffa t .

A l e x a n d e r M. W h it e J r ,

M

& W
B A N K E R S,

o f f a t

h i t e

,

Members New York Stock Exchange,

No. 1 N A S S A U S T R E E T ,

-

IN V E S T M E N T
[ r a c y

5c

NEW YORK,

SE C U R IT IE S.

C o .,

B a n k e r s ,

No. 4 0 W a l l S tr e e t . N E W Y O R K .
CHICAGO.
Connected by private wire.
M ILW A U K E E .
D e a l e r * I n R l i f f l i 4 > r u d e B o i m I h.
L'*t of Current Investment Offerings sent on Application.
C/ommlMMlori O r d e r s
ew York S t o k Exchange.
Members |( hioago Stockc Exchange.
E x e c u t e d In a l l M a r k e t s ,

THE CHRONICLE

80

The follow in g were the rates o f domestic exchange on
New Y ork at the under-mentioned cities to-day: Savannah,
buying 75c. discount, selling 75c. prem ium ; Charleston,
buying 1-16 discount, selling 1-16 prem ium ; N ew Orleans,
bank, par; com m ercial, $1 25 discount; Chicago, 10c. per
$1,000 premium; St. Louis, par; San Francisco, 5c. per $100
premium.

tS a u tim * (Saftetie*
U 1 V I l l E N UK.
Pet
Cent

Ntt/uko o f C o m p a n y .

W hen
P a y a b le

B o o let C lu t e d .
In o lu tiv e .)
(B a y

t L illr o a d n (H ie a u ii2
Jan
B e lt ttU A Stock Y a n is, lu lls., com .
do
do
do pf (tiu.) l t y Jan
tu
•
2 Feb
1 Jan 19
C en tral It It. ot N e w J ers ey (q u a r.)......
to
o in . Ham. A Hay., new pref. (q u a r.).
Jan 10
1 l4 Feb
to
G rea t N o rth ern , pref. (q u a r .)................
1 Jan *23
1*4 Feb
to
G reen Ray
W e s t e r n ...........................
Pel)
4
1 Jan 19
L ulus v ille tfc N a s h v ille ........................
to
Feb 10 Jan *25
M in e H ill tfc S ch u y lk ill H a v e n ...........
*
2 Jan 16
s t r e e t k u ilw a v s .
C olum bus (O .) By., pref. (q u a r .).........
1 H olders o f rec.
l b F eb
to
N . O. J C arroll. HK. L t. A V o w . p r e f).
fc
1 b Jan 10 Jan 2
V u ited T ra ctio n , P ittsb u rg , p r e f..........
Jan 20 H old ers o f reo.
2*3
'IV umc C'OUipuiiIen.
N e w Y o r k S ecu rity A T ru s t (q u a r.)___
5 F eb
i H old ers o f reo.
F i r e In s u r a n c e .
C o m m o n w ea lth .......................................
to
3 Jan
7 Jan 4
XJluted {States...........................................
3 On dem
M is c e lla n e o u s .
to
A m e rica n Ship bu ildin g, pref. (q u a r .)..
1*4 Jan 15 Jan 7
l Man 15 H old ers of rec.
A m e ric a n T y p e Founders (q u a r .)........
A sso cia te d M erch a n ts’, 1st prf. (qu ar.)
to
1 l4 Jan 15 Jan 12
to
do
do
2d prf. (qu ar.)
i b Jan 15 Jan 12
2 Jan 15 Jan 14
to
C l a l l m i R B | com. (q u a r .).................
,
C onsolidated i>;i«, P ittsb u rg , p r e f........
3
Feb
1 H old ers of reo.
Feb
to
P a c ific Coast, com. (q u a r ) .....................
l
1 Jan 14
to
do
do
1st pref. (q u a r .)..............
1 Jan 14
l b F eb
to
do
do 2d pref. (q u a r.)................
t
1 Jan 14
Feb
to
P itts b u r g Coal, pref. (q u a r .)..................
1*4 Jan 25 Jan 16
to
T erm . Coal, Iro n A R U , pref. (q u a r.)..
2
Feb
1 Jan 17
to
U n ite d S tates S tee l Corp., com. (q u a r.)
L M a r 21 Feb 28
to
do
do
do
do
pref. (q u a r.)
F eb 13 Jan 26
1*4
t C orrection . t S p ecia l d ividen d.

Jau 26
Fob 7
F eb 2
Feb 2
F eb 0
Jan 10
Jau 9
Jan 10
Jan 27
Jan

[ VOL. LXX1V

9

Jan 15
Jan ID
Jan 1 )
Jau 15
J an 15
Jan 20
Jan 31
Jan 31
Jan 31
Jan 25
F eb
M a r 21
F e b 17

U nited States Bonds.— Sales o f G overnm ent bonds at the
Board are lim ited to $3,000 2s, coup., at 108% and $1,000 3s,
coup., at 10tt%.
The fo llow in g are the daily closing quota­
tions ; f o r y B a r lii ra n g * - see t h i r d p a g e f o l l o w i n g .
In te re s t
P e r io d s

2 s,
2s,
•is,
’Js,
3s,
8s,
3sf
3a,
4s,
4s,
4s,
4s,
5s,
5a.

1930........... registere d
1930..........
1930 iiuiA.1.registered
1930 ,amaU ___ coupon
1918______ registere d
1918..........
1918, sm all.registered
1918, small ---- coupon
1907.......... reg istere d
1907..........
1926........... registere d
1925..........
1904.......... reg istered
1904,

Jan.
4

Jan.
6

Jan.
7

Jan.
S

Jan.
9

Jan.
10

(J —Jan ‘ 108 b *1 0 8 b *1 0 8 b ‘ 108 b *1 0 8 b * 1 0 8 b
Q —J an *108 b ‘ 108 b * 108 b 108 b * 108b *1 0 8 b

Q —F eb ■107b *107*4
Q - F e b ‘ 108»« *1 0 8 b
Q - Feb
Q — F eb *108
-108
Q —Jan *111*4 *111*.)
Q —Jan *111*4 *111*4
Q —F eb *139 b *139 b
Q — F eb * 1 3 » b * 139 b
Q — F eb *1 0 7 b *107*8
Q - F e b *107** *107*8
* T lils la th e p ric e bid a t the m orn in g board: no

‘ 107b *107*4 * i o 7 b *107*4
* 1 0 8 b *1 0 8 b *108*8 1087
s
*108
*108
*108
* l l l b *111*4 *111*4
*111*4 *111*4 *111*4
* 1 3 9 b * 1 3 9 b *1 3 9 b
*1 39 b ‘ 1 3 9 b *1 3 flb
*107*8 *107*8 ‘ 107*8
‘ 107 b * 1 0 7 b * 107 b
t a l e waa made.

*108
*111*4
*111*4
*13 9b
*18 9b
*107*8
*10 7b

S tale and t t a i l r c d lbm ds.—Sales o f State bonds at the
Board are lim ited to $4,000 Alabam a Class A at 106 to 106%.
The market for ra ilw a y bonds has been re la tive ly firm,
w ith but fe w changes w orthy o f note. The volum e o f busi­
ness has been exceptionally uniform , averagin g somewhat
W A L L STitKKT, FRIDA V . JAN. 1 0 . 190:2.-3 P. 11
*.
The Money M arket aod F in a n c ia l S itu a tio n .-P r o b a b ly less than $4,000,000 par value per day, and was w ell dis­
the ch ief cause o f general weakness at the opening o f the tributed. Green Bay & W estern debenture B certificates
security markets on Monday is the fa ct that last S atu rday’s and D etroit Mackinac & Marquette land grant 3%s were con­
bank statem ent was less favorable than had been hoped for, spicuous for a ctivity , and advanced about 3 points.
Central of Georgia, Colorado & Southern, M exican Cen­
although the passing o f the Crude Rubber Company into the
hands of a receiver had a somewhat depressing effect on in­ tral, N orfolk & Western, Northern Pacific and Reading
dustrial issues. These facts seem to have been tem porarily issues were strong features. W abash debenture Bs were by
lost sight o f or forgotten under i he influence of excellen t far the most active bonds, and a fter advan cing 2 points
traffic reports subm itted by some o f the W estern railw ays lost a large part o f the gain.
and an increase o f Central N ew Jersey’s dividend rate. The
Stock and Bond Sales.—The daily and w eekly record o f
stimulus thus given was o f short duration, however, and, stock and bond sales at the various stock Exchanges, fo r­
except in the case o f a fe w issues fo r w hich there has been m erly given on this page, has been transferred to a place by
a special demand, the markets during the latter part o f the itself. I t w ill be found to-day on page 87.
week have been dull and depressed. It would seem that the
R a ilro a d and M iscellaneous Stocks.—The stock m arket
u ncertainty w hich has hung over the m oney market fo r sev­
eral months past still exists in the minds o f a class o f opera­ has been decidedly irregu lar on a volume o f business a ver­
tors at the Stock Exchange; that the investm ent demand for agin g about 830,U00 shares per day. I t opened weak on
securities expected to fo llow January first disbursements is Monday, but rallied later in the day under the stim ulating
not yet m anifest, and that the upward tendency of prices influence of an increase in Central o f N e w Jersey’s dividend
referred to last w eek was premature. The money m arket rate. Central o f N ew Jersey shares advanced 3 points and
during the week has been re la tive ly easy, w ith six per cent D elaware & Hudson, w hich had been slow to participate in
the highest rate recorded. A small shipment o f gold to Eu­ the upward m ovem ent noted last week, responded w ith an
rope last Saturday elicited some comment, but the foreign advance o f over 6 points. The last-named stock sold to-day
exchange m arket is not at present in condition to make an 10% points below the highest price o f Monday, on disap­
export m ovem ent o f gold profitable, the shipment referred pointm ent because the dividend rate was not increased.
Chicago & North W estern advanced 4 points, Minneapolis
to bein g a special transaction.
The open m arket rates fo r call loans on the Stock Exchange & st. Louis 4% points and Minneapolis St. Paul & Sault Ste.
during the w eek on stock and bond collaterals have ranged Marie nearly 4 points. L a ter in the week, especially to­
from 4 to 7 per cent. To-day’s rates on call w ere 4%' to 5 day, the m arket generally laid a drooping tendency,
percen t. Prim e com m ercial paper quoted at 4% @ 5% per cent. and w ith fe w exceptions the high quotations of Monday
The Bank o f England w eek ly statem ent on Thursday have not been maintained. Manhattan E levated and M et­
showed an increase in bullion o f £1,( 32,054, and the percent­ ropolitan Street R ailw ay have been n otably strong, the
age of reserve to liabilities was 41*85, against 33*03 last form er closing w ith a substantial net gain.
Am erican Express and U nited States Express advanced 13
week; the discount i*ate remains unchanged at 4 per cent.
The Bank o f France shows a decrease of 4,175,000 francs and 10% points, respectively, on rumors o f a plan to m ain­
tain express rates. A m erican Sugar R efinin g fluctuated
in gold and 1,375,000 francs in silver.
The N e w Y o rk C ity Clearing-House banks in their state­ over a range o f 8 points and closes near the highest. The
ment o f Jan. 4 showed an increase in the reserve held of U nited States Steel issues have been irregular.
$3,457,800 and a surplus over the required reserve
$7,515,575, against §7.89i 350 the previous week.
1902
Ja n . 4

D iffe r e n c e !
fro m
p r e v io u s w eek

1901
Ja n . 5

of

1900
Ja n . 6

$
74,222,700
92.257.500
803.989.600
30.982.500
870,950,100
164,827,800
67,059,800

$
59,422,700
80,980 200
677,797,000
16,234,100
748,953,100
144,001,700
54,994,300

231.887.600
217,737,525

198,996 000
187,238,275

7,515,575 D eo
375,775
Su rplu s r e s e r v e
14,150,075
N o t e .—R etu rn s o f separate b a n ts appear on p a t e 79.

11,757,725

$

C a p it a l..... ............
S u r p lu s ................
L oan s & discounts
C ircu la tio n ............
N e t d e p o s its ........
S p e c ie ....................
L e g a l te n d e rs .......

$
82,872,700
100,369,000
869.546.600
31,874,200
926,204,100
164,808,800
74,257,800

R e s e r v e h e ld ........
L e g a l r e s e r v e .......

239.066.600 In o
231,551,025 In o

In c 11,586,400
In o
18,100
I n c 15,334,300
In c 1,190,600
In c 2,267,200
8,457,800
3,833,575

F o re ig n Exchange.— The foreign exchange m arket has
been firm on a steady demand and lim ited supply o f bills.
To-day’s actual rates of exchange w ere as follow s: Bankers
six ty days’ sterling, 4 84%@4 84% ; demand, 4 87%@4 87%;
cables, 4 87%fg>4 87%; prime comm ercial, six ty days, 4 83%@
4 84; docum entary com m ercial, six ty days, 4 83%@4 84;
grain for payment, 4 83%@4 84; cotton for paym ent,
4 83%@4 83%; cotton for acceptance, 4 83%@4 84.
Posted rates o f leading baukers follow :
Ja n u a ry 10

Sixty Bayt

4
4 83*4
D ocu m en tary com m ercia l.......................... 4 8 3 b
P a ris ban kers’ (F r a n c s )............................. 5 1 8 b *
401je
A m sterd am (g u ild e rs ) b a n k ers..................
F ra n k fo rt,o r Brem en (re lch m ’k si bankers
95
P r im e bankers* s te r lin g b ills on Lon don .

* Less 1
j«.

85
®4
®4
®5
76

D em an d
4 88

84
84
18b
40*s
9 5ba

5 16 V
40b
96b

®6 15b
® 40#ia
OS?!,,

Outside M arket. — Reginning w ith an exceptionally a ctive
business last Saturday, transactions in the outside"market
have decreased daily, and towards the latter end of the
week prices fe ll off, especially in the case o f the more
active issues.
Some fe w stocks close higher, notably
E lectric Boat preferred, w hich has advanced from 45 to
50%. Rapid Transit Subway Operating Co. lias sold at 135,
against 130 last week. S afety ( ar H eatin g has gone to 140
from 137% and R oyal B aking P ow der preferred changed
bands at 109%, compared w ith 106. N e w Y o rk E lectric
V eh icle Transportation, on the announcement o f the reduc­
tion of capital to $5,000,000, par $20, fu ll paid, advanced
from
11%
to 12% ; the
directors also decided to
shorten the name to N e w Y ork Transportation Com­
pany.
The most prom inent o f the securities w hich
moved downward w ere Northern Securities, 105% to 108%,
due to the decision o f the U nited States Supreme Court p e r­
m ittin g the State o f Minnesota to bring suit: Pocahontas
Coal subscriptions, 127% to 125%; N orfolk & W estern, Po­
cahontas 4s, 93 to 92%; Dominion Securities, 84% to 83%;
Hackensack Meadows, 49% to 48%; Am erican Can common.
16% to 14%, and preferred, 60% to 57. Am erican H ide A
Leather common w en t from 7% to 8% on Saturday, but
dropped back to 7 to-day; the preferred advanced from 38
to 48 and closed at 40. Standard Oil lias been weak, and
go t down as low as 650 at the closing to-day, against 695
last Friday. Storage P o w er was steady at 8% ^ 8%. C. S.
steel bonds sold at 114% to U5. Copper stocks have been
fa irly active but at times irregular. Union closes at 8 ’,.,
Tennessee at 14, N orth P la tte at 18% and Greene Consoh
dated at 31; Adams at 49 and W hite Knob at 18! t bid.
Outside quotations w ill be found on page 87.

Eew York Stock Exchange— Stock. Record* Daily* Weekly and Nearly
O C C U P Y IN G
*S T O O N S - - H I G H E S T A N D
'
''d a n
. 4

§35
35
*6 4
66
80*8 81
103%
107l,i
90% 96*2
60 % 68 %
*118 122*2
*141 145
*134 139
116%
195
48
36%
77*i
136
137
23% 24*2
92
92
*84% 85
*46% 47%
53% 54
76
76*4
166% 167*8
*188 190
208*5 209
235 235
155 *4 156*2
*135 145
*185 197
16*4 16%
31*4 31*4
97 *2 98
{120 120*2
*35
40
*77*2 85
15*4 15%
60% 60%
29*4 29*2
177*8 178
*250 257
45
45
93
93*2
50
*45
*50
60
*192
47*2
36*2
76%

16
39

16
39
* 10*2 11
*19*4 19%
43*8 43%
74*4 74%
62%
62
60
*5 8
*83
88
*32*4 33*2
189 189*2
70

82

70%
83*2
140%
39%
76
82%

16%
*4 0
47*2
70*
70%
*127 130

J/onday
Jan 6

Tuesday
Ja n . 7

168
51
120
90

S A L E

W ednesday
Jan. S

35
*34
35% *33
34% 35
*63
65
66
§66 % 66 % *04
79
80%
79% 80%
19% 80%
99% 10 I
102% 103% .r99% 101
105% 100% 105% .107 % 105 105%
96 % 96*2
96% 96%
96
96
66
68
65% 67%
66% 67%
*118 122 % *118 122 % 118 118
142 142
n i l % 145
*14 L 145
*134
139
*134 139
*134
115% 116
115*8116% 114% 115%
*85
86
85% 86
85*8 86
195 198
193 193
194% 198
47
47%
47
47%
46% 47%
35% 36%
36
36%
36*2 36%
76% 77
76% 77
*77
77%
*135 136% '‘ 135 136%
134% 136
*
*134 137
* ........ 137
137
23
23%
23% 23%
23*8 24%
91
91%
*91
91% 91%
92%
85%
84% 84% *81
*84% 86
46
46
47% 47%
46
47
51
51%
51% 52%
52% 53%
77
76
76% §77
76% 76%
165% 167% 164% 167% 163% 165%
§187*2 187% *187 189% 188 188
2 0 8 % 212*2 210% 218% 208 208
2 3 5 235
155 156% 155 156% 155% 157 %
§142 142
*136 145
*135 145
-185 197
*1S5 197
*185 195
16% 17%
16%
*15*2 16% *16
31
31 %
31
33
*30*2 31%
96% 96%
97% 97%
96% 97
§120% 120% *118 122
* 118 121
*35
40
*35
40
*35
40
*77% 85
*77% 85
*77*2 85
15
15*8
15
15%
15
15%
61
62
61
61%
60% 62
28% 28%
28% 29%
29*8 29%
176%183% 181% 184% 180 182%
257% 259% 258 259% 256 257%
44
44
*44% 46
*44*2 46
91% 92%
92% 93
92*2 93
*46
50
*4 6
50
50
*45
*50
60
*50
60
*50
60
*38
40
15
15
16 % 16 %
15*2 16%
39*8 39% *37% 38%
39*2 39%
10% 11
10% 10%
10% 10%
19% 20%
19
19
19% 19%
42% 43%
42
42%
42% 43%
73% 74%
73% 75
74
74%
60% 61%
60% 62
61% 62
*57
59
59
58
58% *57
*82
88
*82
88
*83
88
29
32% 32% §29
187% 188
188% 191
187% 190
9*2
9%
69% 70
82% 84%
139*2140*2
40%
39
*75
76
35% 36
81% 82%

69%
82%
140
39
74
36%
81%
*20
§44
*15*2 16% *15
*40
47*2 *40
69%
68
68
*125
127 127

J P J iJ t E S

T h u rs d a y
J a n . .0

*33
35
63
64
78%. 80%
99% 100%
1.05 105%
96
96%
65% 67%
*118
120
*143 145
*134 139
114% 115%
85% 87%
*190 196
47
47
35% 36%
76% 76%
*135 136%
* ........ 137
23
23%
91% 92
*84
85%
45% 46%
51% 51%
76% 77
163 165%
§189 189
208 209
155% 157%
*140 146
*185 197
17
17%
32% 32%
97
97
*118 121
"35
40
*77% 85
14% 15%
60% 61%
28% 28%
179% 182
257% 257%
*44
44%
92
92%
*46
50
"5 0
60
*38
40
15% 15%
39% 39%
10% 10%
20
20%
41% 42%
73% 74%
60% 61
*57
59
*82
88
*31
33
*186% 188%

9
ii%
ii
12%
69% 69%
69
69%
69%
82%
83
83%
83^ 83^
140% 139% 140
139% 139%
39% 39% *38% 39%
40%
*72% 74
74
*72
74
36% *36% 37
*36
37
81% 81%
81%
81% 82%
§21
21
21
"20
21
45% 45%
44
16
16
16%
*13
15 "
4 7 ^ *40
47% *4 0
47%
*68
71
69%
70
71
*125 130
128
*125 128

*83
86
*85
86
106% 107% 106 107%
134% 137% 135*8 136%
163 165
162 163
"42% 50
43
43
*91
95
95
*91
27% 28%
27% 28%
14% 15%
15% 15%
*140 170
*140 175
107% 110%
10G3 106% 106*2111
4
121% 121%
39% 42
38
37% 41%
94
94%
92%
92*2 94
26% 26%
27
27
27
27
52
53%
53%
53% 53%
104% 101% 103% 101% 103%

*85
86
107*4 107%
136% 137%
163 163%
*4 2
*91*2 95
27% 28%
15*8 15%

LO W E S T

83% 83% *8 0
83
1 0 5 ^ 1 0 6 % 105% 106%
134% 136% 137% 140%
162% 163
163% 165%
*42
43% "41
43
*91
93
91
91
27% 28%
27% 28%
14% 15%
14% In
*140 175
*140 175
107% 107% 107% 108
*120 123
*118 122
40
41
39% 40%
§93% 93%
93% 93%
26% 26%
25% 25%
52
52%
52
52%
101 103
101% 103

166% 167% 166 167% 164%
49%
49% 50%
50
*49
*118
*118 120
*118 120
87
90
88
88
*87

166%
49%
120
88

165 166%
49% 52
120 121
87
89%

2 1 2 % * 2 l i " 212% * 2l i ~ 212% *210 " 212 " §211% 2l i %
35%
34% 35
34% 35%
34% 35
35
35*4 35%
57% 57%
57% 58%
57
57%
58%
68;
58%
58
*94
92
*91
92
92
92
92
92
92
92

*211

74
74
73% 73%
73%
75
*71
*100 103
*98
100% 100% *100 103
*76
82
*76
82
*76
*76
81
149%
149% 150% 149% 150% 148% 150
39
40
*37
40
*3 7
42
*30
*80
85
* 80
90
*80
*80
90
•t
*80
95
*80
95
*80
95
81% 83%
80% 80%
83%
§83
83
*307
*107 107 % ^ 107 ........
56%
57%
56% 58%
56% 57%
55% 58%
81% 82%
82
82 %
82%
82
83
82
63% 65
64
66
63%
65 %
63% 65%
115 115
115

♦7 2
74
♦98 102
*77
81
150S8 151
*39
43
*80
90

*95

57

TW O

73%
104
80
149%
41
90
95
91%
57%
82%
65 %
115

P A N IC S

STO CKS
N E W Y O R K STO CK
K X O IIA N G E

E r l d a i/
J a n . J(>

On i I io j i Ois.
*33
35
*62
64
77% 78%
98% 99%
103% 104%
90% 97
66
67
*115 121
*142 145
*131
139
114% 114%
85% 86
*192 198
46% 46%
35% 35%
76% 76%
137 137
* ........ 137
22% 23%
91
91%
*84
85
*45
46
50% 51%
76
76%
162% 164%
218!) 18!)
209 210

......................
A im A rpl.o rf...... ...... .... .
I )o
ro

A tch. T o p ek a i& Santa Fo.
D o p r o f......................
B altim ore
O h io ..........
> I>u | I.
)r>
B roo k lyn Rapid T r a n s it ..
Buffalo Rocli. As P itts b ’ g.
D o p r e f......................
B a ri. C edar Bapid# < N o r
fc
/ Canadian P a c ific ...........
v^anada S ou th ern ...........
C en tra l o f N o w J e r s e y ...
Chesapeake ifc O h io..........
C hicago & A lt o n ..............
Do p r e f......................
C h icago it; E a s t’ll Illin o is
D o p r e f......................
C h icago G reat W e s te rn ..
D o 4 p. c. debentures
D o 5 p. c. pref. “ A ” ..
D o 4 p. c. pref. “ B ” ..
Ohio. Indianap. it; L o u isv.
Do p r o f......................
C hicago M ilw . As St. Paul.
D o p r e f......................
C hicago it; N o r t h w e s t e r n
D o p r e f......................
155% 156% Chic. Boole I s l ’d & P a c ific
140% 140% Chic. St. P . M in n . & Ora.
*185 197
D o p r e f......................
17
17 Chicago T e n n ’l T ra n s fe r.
31% 32
D o p r e f......................
9 6 % 96% C leve. Cin. Chic. < St. L .
fc
*116 121
D o p r e f......................
*35
40 C leve. L o ra in & W h eel*g.
*77% 82
D o p r e f......................
14% 15% Colorado & So., v o t. trust
60% 60%
D o 1st pf. vo t. tr. cfs.
28% 28%
D o 2d pf. vot. tr. ctis.
173% 179%
ela w a re & H u d so n . . . .
255 257
elaw . La ck . & W e s t ’n.
*43
44 D e n v e r & R io G ran de___
91% 92
D o p r e f.......................
49
49
D e n v e r & S o u th w es te rn .
*50
60
D o p r e f......................
*3 8
40 D es M o in es & F t. D odge.
*15
16 D e tro it South, vo t. tr. ctfs
*38
39
D o pref. vo t. tr. ctfs.
* 10% 10% D u lu th So. Shore & A t l . .
*19% 20%
D o p r e f......................
41% 42
r i e ........ .........................
73% 73%
D o 1st p r e f................
59% 60%
D o 2d p r e f................
*57
59 E v a n s v . & T e r r e H a u te ..
*82
88
D o p r e f......................
*31
33 F t. W o rth & D e n . C.,stmp.
185 186% G rea t N o rth ern , p r e f......
74% 74% G reen B, & W ., deb. ctf. A
12
12%
Do
deb. ctf. B
6 8 % 69 X T o e k in g V a lle y .
83% 83% JO -D o p r e f..........
139 139% llin o is C e n tra l..............
"3 8 % 39
o w a C e n tra l................
*72
74
D o p r e f......................
35% 35%
anaw ha & M ic h ig a n ..
82
82%
C.Ft.S.cfcM.jtr. c ts .p fd
*19% 20% K an sas C ity So. vo t. t r . ..
45
45
D o pref. vo t. tr. ctfs.
*14
16 K e o k u k & D es M o in e s ...
*40
45
D o p r e f......................
*69
70%
ake E r ie & W e s t e r n ...
*125 128
D o p r e f......................
L . Shore & M ich . South’n
81
85
L o n g Is la n d ......................
105% 106 L o u is v ille & N a s h v ille ...
138% 140
anhattan E le v a te d ...
162% 163%
etro p o litan S tr e e t___
*40
43 M et, W e s t Side E l. (C h ic.)
90
90
D o p r e f......................
27% 27% M e x ic a n C e n tra l..............
15
15 M e x ic a n N a t ’l tr. receip ts
*140 175
M ich iga n C e n tra l.............
106% 106% M in n eap olis & St. L o u is.
"119 121
D o p r e f......................
39
39% M in n. S. P . & S. S. M arie.
92
93%
D o p r e f......................
25
25% M o. K an sas & T e x a s .......
51% 52
D o p r e f......................
101% 102% M issou ri P a c ific ...............
M o rn s & E s s e x ................
164% 165%
Y . C en tra l <fc H udson.
50% 51
Y . Chic. < St. L o u is ..
fe
121 121
D o 1st p r e f................
D o 2d p r e f................
88% 88%
N ew Y o rk
H a r le m .......
N . Y . Lack. < W e s t e r n ...
fc
* 2 n ” 212" N . Y . N . H a v e n & H a r t f .
34
34% N . Y . O ntario & W estern .
56% 67 N o r fo lk & W e s te r n ..........
92% 92%
D o adjustm ent, p ref.
N o rth e rn P a c ific B y .......
73% 73% p a c ific Coast C o.............
*98 103
- D o 1st p r e f................
*70
80
D o 2d p r e f................
148% 149% P e n n s y lv a n ia ....................
*35
40
P eo ria < E a s te rn .............
fc
*80
90 P e r e M a rq u e tte ................
*8 0
95
D o xiref......................
87% 87% P ittsb . Cin. Chic. < St, L.
fc
D o p r e f......................
*108 ........
eading, v o t ’ g tr. c tfs ..
55% 56%
1st pref. vot. tr. ctfs ..
81% 82
2d p ref. v o t ’ g tr. c tfs ...
63
64%
Rutland, p r e f ...................

!

D

E

I

K
L

M

N

J

R

IS a i n ()/
t/L
S h a re s

H a n y e f o r V e a r 1001
H a n d e (07 D rt iO U 0
\O n bo His / /O O -s h a r e Lots]
i e a r 1 OfJO )

0

1

u je s l

.H iy heat

221

20 F eb 20 34 N o v2 5
50 Sep 25 66 Do<
J
42 % • an 21 91 J ’ ne 6
70 M ay 9 1OH M ay 3
8 1% J an 4 1 14 % M ay 3
83% Feb 27 97 J ’ne 5
65% Oct 7 8 8 % A pr 22
100 77 M ar 19 122 N o v2 5
100 116 Mai- 1 146 N o v 2 9
120 F eb 25 136 Sep 24
17,125 87 M ay 9 117% M ay 7
4,800 54% Jan 4 89 N ov25
1,500 145% .1an 4 196% Dec 30
7,460 29 M'uy 9 52% M ay 3
3,900 27 M ay 9 50% A p r 30
1,400 72% J an 4 82% A p r 30
600 91 Jan 2 140 N o v i 1
300 120% Jan 3 136 A p r 18
20,425 16 Jan 3 27 N o v i 1
2,300 90 J ’ly 27 94% M a r 15
200 75 M XylO 90% J ’ne24
900 41 D ec 9 56 M a r 14
14,232 23 Jan 21 52% Dec3J
2,820 58% Jan 23 77% Sep 16
1.15,434 134 M ay 9 188 M a y 6
322 175 M ay 9 200 M a y 3
8,064 168 *8 Jan 2 215 M a y 1
.1
360 207 M a r 1 248 A p r i l
21,345 116 7 Jan 4 175*4J’n e 5
g
150 125 M a r 2 1463 N ov2 2
4
180 M a r 29 201 A p r i l
3,000 10*2 J an 19 31 A p r 16
9,025 283 D ec 5 57*2 A p r 15
4
2,300 73 M a y 9 101 N o v 8
1 0 0 1153 J an 12 124 N o v2 5
4
27% Jan 7 42 *2 N ov27
67 A u g 7 82 D e c 31
6 % Jan 21 18 A p r 29
17,469
10,960 40 Jan 31 60 D ec 28
11,650 16*2 Jan 4 28% A p r 29
55,589 105 M a y 9 185 *2 A p r 3
5,324 188*4 Jan 3 258 D e c 31
800 29*2 Jan 21 53 *2 M a y 6
3,975 80 Jan 21 103% J ’n e l 4
100 49 N o v i 2 71 J ’ne27
69 J ’ly 29 69 J ’l y 29
18 Jan 30 45 J ’ne 5
600 14*4 D e c 11 17 D e c 5
400 36 D e c 12 40% D e c 5
1,070
4 *2 F e b 5 12 *2 J ’ne 5
3,150 13% Jan 8 22*2 Sep 30
101,470 24*2M ay 9 45*2 J ’ ne 4
34,770 593 Jan 21 75 D ec31
4
16,200 39*4 Jan 4 62% D ec 31
200 41 Jan 31 68 A p r 12
81 Jan 4 95 A p r i l
118 17 Jan 18 36 A p r 20
4,050 167 *2 M a y 9 208 M a r l5
65 Jan 2 67% F e b 14
727
7*2 Jan 28 11*2 A p r 22
2,914 40*2 M a y 9 75*2 D ec2 6
1,769 693 Jan 21 88*2 D ec 26
4
.5,622 124 M a y 9 154% J ’ne29
1,400 21 Jan 21 43% J ’ne21
1 00 48 Jan 21 87*2 J ’ly 1
1,000 21 Jan 8 41 J ’ n e l5
18,289 77*2 D ec 16 81% D ec 28
50 13*2 Jan 4 25 A p r 30
300 35 Jan 4 49 A p r 30
100
53 Jan 3 18*2 O ct 2
4
24 Jan 2 45*2 Sep 30
910 393 Jan 21 7 6 * 2 N o v 25
4
10 0 108*8 Jan 21 135*2 Sep 27
§230 A p r i l §355 N o v2 2
1,350 67 Jan
90 D e c 18
25,305 76 M a y 9 111% J ’n e l 7
251,558 83 M a y 9 145 D e c 5
22,100 150 M a y 9 .177 J ’ne24
100 27 Jan 9 41 N o v2 2
300 79*2 Jan 15 93 Sep 18
39,300 12% Jan 21 30 M a y 2
17,950
3% Jan 24 15*4 O ct 12
107*4 M a r 4 180 N o v2 5
7,450 67 3 Jan 19 111*4 J ’l y 19
4
100 1013 Jan 7 124*2 O ct 23
4
12,175 15 M ay 9 36*4N ov25
2,300 49 A p r 9 94% N ov2 5
1,000 15 Jan 21 3 5 % A p r 20
2,000 37 M ay 9 68% A p r 19
87,750 69 J an 4 124*2 J ’ n e l4
§191 *2 Jan 8 19Y*4 A p r 9
25,875 1393 Jan 21 174*2 N ov2 5
8
6,370 16 M a y 9 57% Sep 28
800 97 M a r 1 120 Sep 18
3,525 47 M a r 1 95 Sep 28
§409 N o v 7 420 A p r 1
§134*2 Jan 15 .139 F e b 21
50 •206*2 F e b 27 17 J ’ne24
37,075 24 M ay 9 40 % M a y 1
15,450 42 Jan 10 61% N o v2 5
1,070 82 F e b 15 92% N o v2 2
77*4 Jan 21 ||700 M a y 9
510 52 F e b 1 78 D ec 2
100 89 F e b 25 103 % D ec 2
63 Jan 8 83 N o v2 9
69X06 .37 M a y 9 161 *2 A p r 22
300 14% Jan 22 50 Sep 27
333 Jan 9 94 N o v l3
4
72 Jan 2 86 J ’n e l 7
3,250 57 Jan 30 81 D ec 30
13 D ec 30
88 J an
391,975 24*2 Jan
58 D ec 30
82% D ec 30
26,753 65 Mary
90,790 38 Jan
64*2 D ec 31
112%. N o v 7
300 97 N o v
246
189,780
53,882
33,790
2,120
67,785

D o w e st

_____ _

16 Hep
40% J ’ ly
18% .1an
58% J an
55 % •Ian
72% -J an
47% Hep
52 Feb
92 .1an
11 9 J an
84% Sep
47% F e b
] 15 .Jan
24 j ’ jj(
31 Oct;
68% N o v
88 Jan
119% D ec
9% Hep
81 J ’ jic
68% Aug
30 J ’ne
14 Jan
45% Jan

108*2 J’ne
169*2 Jan
150*4 J’ne
195*8 May
102 J’ ne

110 Oct
172 F e b
8 % Oct
26*2 Oct
55 J’ne
103*8 J ’ ne
14*2 Jan
46 Jan
5 Sep
36 Sep
14 Sep
106*2 Sep
171*2 Sep
16% Jan
64*2 J ’ne
12

J ’ne

4
12

J ’ne
J ’ly

U if U X9t

Ofj
D ec
55) Dec
4S? 1
H )ee
89 D eo
89' A p r
90 A p r
88'% Dee
y, D ec
125 i >eC
,, O ct
J30
99:% F eb
61 ■ D ee
l
150 % Dec
42- % D ec
42 D ec
78 % D ec
109 M a r
125 A u g
18 D ec
94 4 D ec
82 D ec
45 D ec
29 A p r
64 D ec
148*4 D ec
187*2 Deo
172% Deo
220 D eo
122*8 D ec
126 N o v
175 M a r
14% D ec
30% A p r
76 D eo
118 D ec
30 N o v
72 A p r
8% D ec
47*4 M a r
20% M a r
134*2 D eo
194% D ec
34*2 D ec
87 D ec
21

D ec

30*2 Jan
58 Jan
110 J ’ne
11% Jan
39 Sep
10 Jali

6*4 M a r
20% N o v
27*8 D ec
63*2 D eo
43% D ec
54% M a r
94% A p r
20 D ec
191 % D ec
66 D ec
8 % D ec
42% D ec
74% D ec
132% D ec
27% D ec
58 M a r
25 D ec

7 Sep
27 % Sep
3 *2 M ay
14*2 Oct
20% M ar
83*4 F e b
§197 Jan
47*2 Jan
68% Sep
84 J ’ne
143% Sep
24*5 Jan
76 F e b
10% Jan
2% Sep
§104 Jan
45*2 J ’ne
87*2 J ’ne
14 Sep
47 N o v
9 Sep
25% Sep
38% Jan
§183% Jan
125% J ’ne
11 J ’ne
75 J ’ne
29 J ’ne
400 M ay
§130 Jan
§207% Sep
18% J ’ne
22% Jan
67 Jan
45% Sep
46 M ay
82 *2 Sep
57 M ay
124% Sep
5 J ’ne
20 Jan
55*4 Jan
49% Sep
78 J ’ne
15 Sep
49 Jan
23% Sep

17*2 A p r
43% A p r
6 D ec
23 D ec
52 D e e
115 D e e
§240 D ec
89 M a y
89% D ec
11(3% D ec
182 F e b
37*2 A p r
84 % N o v
17% D ec
5 M ar
115 J ’ne
71% D ec
104% N o v
27 A p r
69 A p r
17 *8 D ec
47% F e e
72% D ec
§189*2 M ay
145% D ec
24*2 D ec
110 D ec
58*4 F e e
420 J ’ly
§135 M a r
§215% Jan
32% D ec
45% D e c
83 D ec
86*2 D ec
62 N o v
90*4 F e e
69*2 O ct
149 % F e e
IS F e e
35 D ec
73*2 D ec
80% Jan
94 Jan .
26 D ec
71% D ec
39*8 D ec

10*2 Sep
3038 Sep
15 Sep
38*2 Oct.
74 Oct
12% M a r
144% J ’ ne
53% M ar

5% Sep

BANKS AND TK(JST COMPANIES—BROKERS’ QUOTATIONS
Bunk*

A8/C
B id
Bank#
(fid
B id
A8/C
B anks
225
........ I r v i n g ......... 205
........ 14 th S tr e e tll. 105
J effe rs o n !)... 175
F o u r t h _____ 1240
600
A rrierica i f ..
L e a th e r M l'r. 255
3 J0
O a ila tin ...... 410 430
A m hr Ex Ob.
L ib e r ty ....... (JOO
350
G ansevoortll 140
A s t e r ..........
...... L in c o ln ........ 900
( la r/ ie ld ....... 500
350 370
Bow ery*; ...
M anhattan!]. 320
G erm an A m i 140
440
Broad w ay ..
...... M a rk e t <fcP a l 250
J50
Germ an E x ! 335
But c h ’# D
...... M echan ics’ . 280
1 erm anlall .. 500
G
150
C e n t r a l......
1 reen w ich V 170 ...... M ech ifc Trail 1(JO
G
205
M e r c a n t ile .. 270
C e n tu ry !,...
H am ilton 1 .. 1(JO 175
1
225 250
M ercli Exoh. t 157
C h & M b ........
H a n o v e r...... 675 700
3250
Chatham ...
...... M erehant#’ .. 190
H ide As i/aih 150
300
V
Chem ical ...
I rn p A? T r a d . (JOO ...... J l et ropoli# II 075
750
" w
4 i c,s# than I 00 #h ires.
<
% E x ri; SUM.
I asked prices; no sale# wer e mad' j on this day.
t Sale at Stock E xch an ge or at auct ion tJii # week. j| Stoc
c o rn e re d ” sal fj# fo r u ca sh ” w ere

NKW YORK
CITY

B u n ks
C itizen h’ ___
C it y .............
Colonial!| ..
C o lu m b ia *!.
C o m m erce..
Corn Exehlj
East R iv e r .
11th W ardlj
Em p’ eStato*
F id elity!! ...
F ifth A v e t .
F ift h ...........
4 J00 |4200 ! F irst ( n ew ).

A sic

Banks
M t M o r r is !)..
M ritu a l!]..
Nassault ___
N o w A luster
N e w Y o rk Co
N Y N a t Ex.
N e w Y o r k ...
191 h W ard'
N o rth A Trie i .
O rie n ta l!)___
R a clU cll.......
P a r k .............
P e o p le ’#11....

B id

Ask

A s !c

150
190
190
1400
1500
210
320
150
290
1227
205
(JOO
250

........

t

B id
Banks
P h e n ix ........ n i b
Plazal] ....... 525
. . . . . . P rod K x o h !(. 165
........
Ri verxide!) .. 225
450
Seaboard ..
Second ..
675
340
275
S even (h, new 120
........ Shoe ife Beth. 130
SlaleU
S tate o f N Y1| 1195
12tii W ard!). 1130
23d W a rd fl.. 110
|... 300
........
........ Union 8 q1
1 S ;ato banks.
)
a Ex d ivid en d and rights.
made a# h igh as 1000.
s T ru s t Co. cor till cates

........

175'

140
......
......

Stock Record — Concluded— Page 2

82

IU U EE 7 A N D L u W E E T E A L E MM1CEE

MS
E a tu fd u y
Jan. 4

Jan

. tf

* 13
15 ! H**% 13%
67 %
* 65
*21
133% 133%
*133% 134
60
60%
57
50
03% 83 %
83 % 83 %
74 % 74 %
74% 75%
* 27 C 28 %
i
26% 27%
00
60 %
09% 00
6i
00 % 01 %
61 %
33% 34
3 3 % 31 %
94
93% 94%
94%
4b % 40%
39% 40%
*123
' 12 L 123
123
20
19% 2 0 %
20
30% 3 7
37
3 7%
110 110% 110% 110%
......
*167
........
1 02% io 3 % 102 % 103 %
89% 0 0 %
89% 90
22% 23 % •)o l •2 S %
43
42% 43%
43%
* 1 8 % 18%
18% 1 8 %
52% 52%
52% 52%
*30
*30
32%
32
20% 2 0 %
20% 2 0 %
41% 42
41% 41%

TuesU a y
Jan 7

*13%
65

14%
65

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122 122
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30
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101% 104%
1 9 % 9b
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* 18
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52
52
31
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40% 4 L

J
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STO CKS
N E W Y O R K STOCK
EXCHANGE

F r id a y
J a il. 10

S a te s

the

[Vol. LXXIV. —
0/

Mange fo r Year 1 0 0 1
Mange tor Mreviou$
On basis 0 / 100-share lots
Year (IOOO)

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Lowest

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Lowest

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13

15
65
23*4 27
120% 120%
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61
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75
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57% 68
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19
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153 160
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29
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144

U t . J . A G. ia l. v. tr. ctfa.
650
7 % Jan 21 15 K J ’ne 8
1
5 May
% Deo
*•7 Ho 1st pref. v. tr.otla.
200 55 Out i 78 % J ’ nc25 38% Mu) 04 % Deo
l)o 2d pref. v. tr. cilia.
600 17 D ec 11 36 J ’ne 5 11% J ’ m 21 % Deo
133% 133.%
St. Law . A A d iro n d a c k ...
2,500 57 Jan 29 134 Deo 19
59% 00%
St. Lou is A .sail F r a n ...... 28,8 U
2 1 % J an 4 56 % l >00.19
8% J ’ IH 24% Dec
01% 85
450 75 J ’ l y l
1)0 la t p r o f __ . . . ____
88 M arl 2 04 Sep 78 Deo
74% 76
Do 2d p r o f................ 24,600 53% Jan 4 76 % J 'n el 9 31% J’ lH 55 Deo
§27% 27%
8% j ’ m I s % Deo
1,4 4- 16 May 9 39 ‘a A p r 30
St. Louia South w estern ..
59
50%
D o p r e f......................
330 41%.Dm 3 71 J ’nelO 2 1% J ’lie 45 % Deo
60
61%
Southern Pacific. ;;o ........ 97,910 29 May 9 63% J ’lie 0 30% J ’ne 45% Dec
33% 34%
Southern v o tin g tr. ctfa .. 37,770 18 Jan 21 35% J ’ne 3 10% J ’ lie 23% Deo
93% 94%
Da p r e t vo i. tr. cLfa. 18,050 67 % Jan 21 9 1% Nov27 49% J ’ ne 73 % Dec
39% 39%
4,400 23 % Jan
'C e x a s A P a c ific ../ ........
62% May 3 13% J ’ m- 26% Dec
*121
123
450 117 May 9 129%Jan 9 45% M ar 13*> % J an
1 h iril A v e n u e (N . Y . ). . .
* 19 % 2 0 %
800 lu% Feb 10 25% May221
Tul. St. L . A VV. v. tr. ctfa.
37
37
2,800 28 May 9 39% May22
Do prof. vo t. tr, ctfa.
109% 110%
2,260 65% Jan 21 109% Dec 311 01 % J ’ ly 70% Dec
T w in C ity Rapul T ra n s it.
-152
160
Do p r e f......................
47 A p r 19 100 Nov30 136 Jan 146 Dec
1 0 l3 lu3%
4
U nion P a c ific .................. 320,74*6 76 Muy 9 133 May 2 44% Jan 81 % Deo
89% 90
D o p r o f......................
13,232 81 % Jan 21 99 % May 1 70 % J ’ ne 85% Deo
2 2 % 23
1
.................... 22,400 11 % J a 1 3 20 J ’ ne 3
\yal>aal>
6 % Mai 14 Dec
42% 43%
30,320 •> • ■% Jilli 4 40 % .J ’iu * 2 1' 16 Sep 27 Deo
*18
19
1,130 11 J an 31 22 J ’lie 41 8 J ’m 13 % 1)ec
W h e e lin g A L a k e Erie.*]!
52% 53
D o 1st p ro f................
1,100 45 M a y 9 00 h Mar28 44 % Sep 58% Mar
*30
32%
500 24 M ay 9 38 M ar 28 21% J’ m 33 % Mar
Do 2d p r e f................
2‘»% 20%
4,425 1H ^ UUll y
W isconsin Cent. v. tr. efs.
26 j ’ n e l7 10 Sep 20% A p r
41
41%
4,330 38 % J an 1
49% A pr 17 30 Sep 57 A p r
Do pref. vot. tr. ctfa.
d liscellu n eo u H .
199 199
*200 205
*200 210
♦200 210
*200 210
*200 205
112 2145 Jan 8 $202 Dec 21, 111 Jan §150 N o v
dams E x p re ss.............
69 % 71
09% 7b%
70% 72%
70% 71%
69 H 71%
a
69% 71%
%
1
m algam ated C o p p e r... 193,287 60% i o n 130 J ’ 1 c*17 j 89% Dec 99 % N o v
2%
-2 %
3
*2%
3
2%
2%
818
3
2H
i
A m erica u B ic y c le ...........
2%
8% Apr 23
1% Sep 25
-10
15
-9
10
10
11
*9
11
12
*9
15
D o p r e f.......................
700 10 Sep 3b 35 A p r 22
30% 31%
4
30% 30%
30 % 3U3 #29 % 29% A m erica n Car A F ou n d ry 21,585 19 Jan 21 35 J ’ ne 14 12% Jan 25% N o v
31
31%
30*4 31%
87% 87%
87% 88
87 % 87%
87 % 8 8 % #85% 86
87 % 88
Do p r e f......................
1
0,865 07 Jan 19 89 % J My 8 67% J die 72 D ec
32% 32%
32
32% *31% 32%
30% 3 l ‘% A m erica n Cotton O il. . . . .
O
iJ
Om
d
a
1,900 24 M ar 8 35%.J’nel 7 30 J ’ m 37% A p r
31 H 31 H
a
*88
92
89 %
*88
D o p r e f......................
85 A p r ill 91% Jan 8' 88% Sep 100 A p r
89 H *88
a
*38
*36
40
38 A m e ric a n D istrict T e lc g .
40
*36
” 'Y d 32 Oct 4 40 May 3 24% Jan 37 N o v
‘ 37
40
38
§35 H 35 H *36
a
i
*210 212
*210 220 A m erica n E x p re ss ...........
214% 222
216 220 *215 220
§210 215
1.300 §169 Jan 12 210 N ov 19 §142 M a i 191 D ec
40
40
40
40% A m erica n Grass T w in e ..
*39
40% 40%
-39% 40%
41
39 H 40
a
1.300 39% Dec 10 45 Nov25
29% 31
283 2 9 1
4
29
30
29
28% 29 A m erica n I c e ...................
30
30%
28%
4
7,415 25% Oct 2 41 •%M a r l5 27% J ’ m 49 % A p r
*66
64 % 65
64% 64%
64% 65
6 6 % 67
64 % 6 4 1
Do p re f......................
67%
4
1,100 62 Oct 10 77% M ar22 60% J ’ ne 78% F eb
*15
*15
20
20
*15
*16
20
20
*16
20
5% Jan 24 30 % J 4y 9
A m erican Lin seed ...........
6 N o v 16% F e b
*44
§43
43
*43
46
*44
46
45
45
* T i o 31 Jan 24 06 J ’ly 9 34 % Dec 60 F eL
48
Do p r e f.......................
32% 34%
32% 34
31% 32% A m erica n L o c o m o tiv e __ 106,970 22% A ug 13 33% N o v 19
32%
32
33
33% 34%
32
09 % 90%
92
94
92%
91% 93%
91
92
92%
Do p r e f....................... 41,985 83% Oct 4 91 14 N o v 19
91% 92%
6
*6
6%
6%
6
6 A m erica 1 M a ltin g ...........
*6
*6
6%
7%
6 ‘-2
7% Jan
4,525
4% Feb 4
6%
1
8 J ’ne20
3 J ’m
24
24% 24% *23
25
24% 25
24%
23% 23% *23
24%
Do p r e f......................
31 % J an
J,100 22% Dec 19 30 J ’ne^fc 18% J > m
45% 46
45% 46
45% A m or. S m elt’g A lie iin ’ g ! 13,908 38% Oct 7 69 A p r 20 34% J ’ m 56 % Dec
45% 46%
45% 46%
45
45 H 46%
a
96% 90%
97
97
97
96% 97
97
96% 96% §9638 97%
D o p r e f.......................
1.301 88 F e b 26 104% J 4ie20 85 J ’m 99 N o v
26 M ar 19 49% J ’ne 8
A m erica n S nu ff................
§87
87
D o p re f......................
45 73 A p r 17 90 J ’ nel4
8
4
l l 6 % 117% 1177 1213 119l4 124l4 122 % 125 H 121%123% A m erica n Sugar R efin in g 253,917 103% Dec 24 153 J ’ ne 3 95% M ai 149 Deo
\ \ T A iiK
a
*115 116
Do p r e f......................
1 1 6 'a l l 6 3 il5 % 1 1 5 % §115 113
4
2,594 111 Dec 24 130 J ’ ly 19 107 M a i 118 J ’ly
1 15 H 1 16 H 116 116%
a
a
96
*90
96
*91
96
*91
96
00% 90% $95
100 A p r 13 §87 Sep §98% Jau
95
140 §94 Jan
A m erican T e l ’g li A Cable
140 140
140 140
155 175
145 147
3,200 99 May 9 146% Oct 2;- 84% J ’m 115 Oct
A m erican T o b a c c o ...........
1 7 1 1718 *16
8
16
17
17 H *16
a
17%
1,330 13% M a r l 5 21% Jan 2 21% Dec 22% Deo
A m erican W o o le n ...........
16% *16%
[7*4 7 9 ^ §79
7 8 l4 7 8 1 *77
4
79
79
79
79
D o p r e f.......................
*78Ha 79
255 70 M ar 22 82% J ’ly 1 76 D ec 76% D ec
30% 3138
30% 3 0 7
8
3o% 30% A nacon da C o p p er........
30
31%
1 0 ‘s 3 0 ^
30% 31
4,775 28% D e c 23 54% A p r 16 37% J ’ne 54% A p r
*214 218
*214 218 *214 218
SXO 210
212 218 *212 219
600 175 Jan 18 228 A p r 15 140 Jan 183 D ec
1B rook lyn U n ion Gas.
10% 10% D r u n s w . D ock A C. Iin p ’ t
6% J ’ne 16% Jau
8% Jan 19 14% M a r l9
10% 10%
825
10 Hi 10 H * 10% 11
i
*10*4 11
1UT 11
«
81
863
4
85% 86
86
88
87
88%
86% 861
29% Sep 56% D ec
3,840 41% Jan 21 136% J’ n el?
87
88*4
Colorado F u e l A Ir o n ...
♦125 i s o
*126 130
*125 130 *125 130
*125 130
•125 130
116 M ar 19 142% A p r 29 117 Oct 131% Jan
J D o p r e f.......................
<17'8 1 7 ^
16
16
10
16%
15%
15% 15% *15
650 12% Oct 23 25 % J ’n el?
11% J ’ne 21 A p r
Col. A H ock. Coal A Iron .
216Ha 217
216% 2 l 8 7 *216 219
e
219»4 2 1 9 ^ 217 219
3,500 187 J a n l8 238 A p r 15 t l6 4 Sep 201 N o v
216% 2167 Consolidated Gas (N . Y . ).
6
115% 1153
4
115% 117
2,645 93% Jan 2 124 J ’nelO 70 M ay 95 N o v
C on tin en tal Tobacco, p re f
U 6 I 4 H 8 I4 116*4 11638
•138 140
136 136
*135 140
§135 135
134 l34Ha 131 131
520 127% Oct 10 152% Aug29
Diam ond M a t c h ..............
9
9
9
9%
6% Oct 14 10 % J ’n el8
9
9
87
t,
9>
3
8%
9 D is tillin g Co o f A m e ric a . 20,085
8%
934
83
85%
34% 34%
34Ha 35
D o p r e f....................... 24,590 23 % Sep 13 34% N o v 9
35
36 H
a 35% 35%
34Ha 35
280 280 G en eral E le c tr ic ..............
2S03 280% 280 281
4
279 279
880 281
1,800 183 % J an 10 289% Deo 0 120 Jan 200 D ec
281 281
40
40
40
41% 41% Glucose Sugar R e fin in g ..
40
40
39% 40
40
3,787 37 Oct 24 65 May 2 44 May 60 N o v
41
41Ha
*90 100
*92 100
*92 100
*90 100
93% Mar 5 107 A u g 5 92 D ec 103 N o v
92 100
Do p r e f......................
21
20% 20% I n tern ation a l P a p e r .......
20% 20%
21
20% 20%
W
a i
3,645 18 % May 10 28 Mar22 14% M ar 26% N o v
20 H 21
a
76% 77%
75% 75% 1 D o p r e f.......................
76% VO 1
*
4,200 69 Jan 21 81 % Sep 10 58 M a r 75 N o v
76
77%
76% 76%
76% 77
88
88 % 88 H 88%
8 7 ^ 87%
1,400 54% Jan 2 100% May31 24 J ’ ne 55% Deo
In tern a tion a l P o w e r .......
a
*7
3% A u g 10% Jan
*7
7
7%
5% Feb 7 11 Jan 5
200
*7
7%
§6%
7
6%
7%
6 7 In tern a tion a l S ilv e r ........
s
*4 7
47
*45% 46%
47% 47%
47
47
47
47
611 33 Ax>r25 51 D ec 4
D o p r e f.......................
48% $47
*47
47
47
48
48
47% 47%
47
700 24% Jan 22 49 N o v l9
*46% 49
47%
In te rn a t’l Steam P u m p ..
28 D ec 29% D ec
48%
*86
90
§90
93
100 74 Jan 24 89 Oct 16 76 Dec 77% D ec
90
*86
D o p r e f......................
90
*86
8 7 H 87%
a
*9 0
83% *90
95
*90
*90
95
*92
94
95
*90
95
70 Jan 18 95% J ’ly 8 65 May 80 Jan
f aclede Gas (S t. L o u is ).
•105 108
*105 108
*102 108
*103 108
95 Jan 21 106% N o v i 2 96 J an 100 J an
105 108
*105 108
I d D o p r e f.......................
*12
14
*10
14 M anhattan B e a c h ...........
15
15
8 Oct 12 22 A p r 16
*12
*12
15
*12
15
6% Jan 18% M ay
*11
44% 4 5 %
45% 45%
45%
5,312 37 Jan 21 46 May 3 23 J ’ ne 40% N o v
44% 45%
44
45
45%
ation al B is c u it...........
44% 45 H
a
a
106 106
*104 105% 104 H IO 434 104% 107
79% J ’ne 96 F e b
106 106
400 92 J an 2 103% N o v l8
D o p r e f.......................
*104 107
15% Aug- 28% F e b
*10% 17
200 15 M a r l 4 25 % J’nel2
16
16
*16
17
16
16
*15% 163 *15% 16% N a tio n a l L ea d ...................
*7 8
80
80
79
79
*7 9
81
100 74% Dec 24 93% J’n elo 83 A u g 106% F e b
Do p r e f......................
*77
*78
80
*78
80
2,820 133 J ’l y l 5 175 A p r 26 112 Sep 175 N o v
158% 158% 157 159
161 161% 155 155
159 lo9Ha 158% 159% N e w Y o rk A i r B ra k e .......
13 Dec27 ] 5 D ec 3
N e w Y o r k D o c k ...............
200 45 D e c 20 47% Deo 6
D o p r e f......................
44
44
1.1 50 73% Feb 14 109 J ’n e l 8
90% 91% N o rth A m erica n Co., n ew
*92
93%
'9 2
*9 2 "
92
92
92
92
i » r - 9 r
7,320 30% May 9 49% N o v i 1 25% J ’ne 57 N o v
47
47%
47%
47
48
acific M a il.....................
463 47 H
4
a 47
47
47 H
a
47
47 %
104% 105% 102% 105% 10134 104
eop. G a s-L .A C. (C h ic.) 23,685 95% J an 21 120%J’ne21 81% Oct 111% A p r
105% 106
102 H 103% 102% 102%
a
3,765 30 M a r
41
41
Pressed S teel C a r.............
52 Jan 2 32% Sep 58% J an
41
42
41
41
42
42%
41% 42%
40% 4 1 7
8
84
84%
2,165 72% M a r 5 89 A p r 29 70% Sep 89% N o v
D o p r e f..... .................
85% 86
853g 85 H
a 84% 85%
84% 84 H
a
84Ha 8 4 H
i
*215 217
1217 217
575 195% Jan 21 225 O ct 17 176 J ’ ne 204 D ec
P u llm a n C om pany...........
217 217
217% 217 H 217 220
i
217 217
2% M a r
% Aug
100
*3%
4 Q u ick silv er M in in g ........
1% A p r 22
*3 3
4
4%
5 % M a y31
*3%
*4
4%
4
4
4%
*3%
41
4
10% M ar
*9
11
7% Oct
‘9
11
7 M a r 20 12% M a y27
D o p r e f......................
*9
11
-9
11
*9
11
*9
11
16% 16% P ©public Ir o n A S te e l.. 18,095 11% Sep 13 24 J ’n e l 7
8% J ’ne 27% F eb
16
16Ha
16
16%
16% 17%
16% 17%
161* 17
5,610 55% Jan 21 82 A p r 1 49 Aug 70% F e b
69% 69% I X D o p r e f......................
70
68% 69
69
68% 69
68% 69 %
69% 69 %
700 18 D ec2 6 38% M ay 2
18% 18% R u b b er Goods M f g . ..........
*18% 19% *18Ha 20
18% 19
♦19
20
*18Ha 20
67
67
*6 9
72
1,075 65 D ec 13 90 M a y 2
D o p r e f.......................
68
69% *68
67% 67%
*69
72
70
1,100 19% F e b 5 41% A p r 2 17% Oct 26 N o v
30% 30% G loss-Sheffield St. A Iro n
80
30%
*30
30
30
30
31
30
30
30 H
a
4
*8 0
82
1,000 65% Jan 22 863 A p r 8 59% J ’ne 71 N o v
82% 82% *80
82
82
82
*80
81 H *89% 90% O D o p r e f.......................
a
4 % M a r 10% Jan
3% M a r 6
8 % J ’n e l 3
600
4
*4%
4%
4% Standard R o p e A T w in e ..
4%
*4%
4%
4%
*4%
4%
4H
a 4H
a
66
66%
63% 64 Ten n . Coal, Ir o n A R R . . . 14,625 49% M a r 7 76% J ’n e lS 49 Oct 104 F e b
64% 66%
63% 643
4
64
65
66 H
a
64%
300 19 Jan 18 42 A p r 20, 13% J ’ne 21% D ec
*3 5
38%
T e x a s P a cific La n d T ru s t
*35
38%
37
37
10 J ’ne 25 F e b
600 12 A p r 12 19% J ’n e l?
& Pcip6r. . . . .
133 14
4
14% 14%
14
14%
14
1 4 1 *13Ha 14Ha *13% 14% I Til ion
s
300 65 A p r i l 75% D ec 4 56% M ay 77% F e b
LJ D o p r e f.......................
*73
75
74
*73
75
*73
75
73
73% *72
* 7 3 H 75
a
98% 99% §99% 101% 1007 109
8
107 IO 8 H §106 108 H 104 100% U n ited sta tes E x p re s s ... 12,086 §53 Jan 26 100 A p r 19 §45 M ar §59% D ec
2
a
7% J ’ne 19 Jan
7% M ay
16% M ay 2
12% 123s
12
12%
11% 11% U n ited States L e a th e r___ 20,130
12
12 4
1 1 78 12
1 1 % 12
3,947 69% M ay
83% A u g 28 65 J ’ ne 79% N o v
D o p r e f.......................
81% 81%
82
82%
813 82% *81% 82
4
82
82%
81 H 81%
a
635 12 % Oct
34 Jan 2 21 J ’ly 44 J an
14
U n ited States R u b b e r___
15
14
14
$13% 133 *14
4
14
*14
15
14% 14%
85 J an 2 74% Deo 104% Jan
580 47 Oct
50% 5 0 %
D o p r e f.......................
50% 50%
*51
62
51
51
51
51
51
51
55 A p r 30
43
45
463
4
45% 4 6 1
4
43% 44%
4 3 5 445
a
s
44% 45%
43% U n ited States S te e l.......... 450,950 24 M ay
101% A p r 30
D o p r e f....................... 388,970 69 M a y
94%
96% 973
4
95% 97
94
94
95 H
a
95% 95%
94% 95%
300 51 J ’ly 12 72 M ar30
V irgin ia -C arolin a C h em ..
60
02
62% 62 % *61
62% 62%
62^.2 *61
62%
62 H -61
a
100 110 A p r 26 125 AugoO
D o p r e f......................
*121 H 122
a
•121% 123
*121% 123
121Hal2 1 H * ........121% * ........ 123%
a
120 §130 Jan 11 199% D ec 30 120 J ’ne 140 Deo
ells, F a rg o A Co.
195 195
*190 200
|190 190
*190 200
*190 195
*192 195
9,570 81 J an 21 100% M ay 6 7 7 % J ’ne 8 8 % Jan
90% 91
W 1
est’n U n io n T e le ’ gph
4
91% 91%
903 91%
4
91Ha 92 H
a 903 91*8
92% 92%
1,700 145 N o v 26 180 D e c 26
174% 174% W e s t’ g li’s e E l A M i g assen
§176% 176% 174 176
177 177
1773 17734 176 181
4
1000 57 N oy 27 187 D ec 27*
D o 1st p r e f................
*180 190
180 ISO
*178 184
*175 ISO I 175 182 I
*180 185
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B A N K S A N D T R U S T C O M P A N IE S —B R O K E R S ’ Q U O T A TIO N S
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T ru st C o’ s B id Ask I T ru st C o’s
Morton Trust 1185 1200
550
Ask Brooklyn*!] .. 120
N Y L ife A T r 1300 1375 | BlvOOKlA X
Central T r ’st 1900
1
130
Brooklyn T r 125
N Y Sec & T i 1200
C ity T ru st... 375 400
8th Wardfl ..
200 213
85
Flat bush___ l <0
C olon ial...... 3o 5 . . . . . . N orth Amev. 26o 27 o
5th Avenue^: io o
110
140
C ontinental. 475 .. . . . . Real Est T r ’t 400
Franklin .... 3 I d 380
F ir s t............ 295
140 io o
UaunUoi^... 302 8 10
K ings Coll... 130
105 . ....... Farm L o A T r 1450 1550 St am lard I T ’ 1 405
T r Co of Am. 2 10 2 i 5 I k lUgS CO--- 1 (
% %
««% •
Fifth A v e Tv 050 750
M aniifactrs’ . 285
4
Union Trust 1390 l 4 10 ! L Is! l.A 1 2 O
G uaranty T r 750 7 75
Mechanics!! . 217%
U S M tg A Tr 135
160 . Manulaci rs 50o 820
K nick T b ’ kT 725
Merchants’ .. 100
T ru st Cos.
....... *211 220
M anhattan.. 510 ••••.• V nit States . 10 75 . . . . . . \
N assau........ 350
1Vonlo’s ...... 00O
\ ashiugton. 125
\
BROOKLYN
M0t mt.tr
N. Y. CITY
■H )
U
975
WUiuuusb’g. (215
Merchants’ .. 350 400
BedfordH___ 225
A tlan tic T r .. t ‘285
N orth Side!). 180
Metropolitan 525 ........
B roadway1i.. 250
People’s!!___ 206 ........ Bowl’ gGreen 205 210
f Ex rights.
Bauks marked with a paragraph f >aro State banks
* B id and asked prices; no sales w ore made 011 this day. 4 Less Mi m lo .) snares.

Banks

HEW YORK
B id
CITY
United N a t’l. 120
V a ric k ....... 225
W ash m gt’ nl; 200
Wash. H ’htsii 200
W est Side^].. 625
W estern ...... 615
Yorkville^i .. 240

Banks

B id

A sk

BROOKLYN

1 S ale at S to ck E x ch an ge or at auotion this w eek.

Banks

BROOKLYN
17th Ward1l.
S p ra g u e......
26th Ward!].
LI n ion !]........
W allabout!] .

s

B id

T ru st C o’ s

Ask

B id

C’l R ’ t y B & T r 525

T r u s t Oo. oertlfieatea.

New York Stock Exchange

Bond Eecord, Friday, Weekly and Yearly

O O U U P Y IN U
n
s
~.2
we
S%

ICON OS
N. Y. STOOK EXOHANG E
W kkiv E n ding J a n . 10

U
u

U
V
V
II
V
V

/’rice
Frid a)!
Jan. . 1 0
Hid

u . S. (40V<*B*IU*HMlt
S 2s consul registered.^ 1030
s 2s consol coupon, ...d\ 030
H 2a const '1 rug sill ill l. .<11030
S 2s con m o 1coup sm all. d 1030
s 3s rug is lu red.......... k 1018
8 3s coupon................ A'10 18
rug small bonds. . A 1018
'
8
8 3s cou small bonds. . k l 0 18
40 registered ...........h 1007
4s coupon................./i.1907
4s registered...............1025
4s coupon...................1925
5s registered.............. 1904
5s coupon.................. .1904

A sk Low

108 Ei 10 9
1087 Sale
8

Ranga

Work's
Rarif/e or
Last Sate

) ear
to o l

Iliy h So Low

108% B e e ’ 01
1.08 % LOSE

105
105

/Itah
109 %
109 %

107*1 108 % 1.07 % Oct 3)1
108% 109 108'
108'

105% 105%
107% 111%
108% 1 12

108 109
111*1 112 *4
11 l* i 1 12 %
139% 1.40
139%140
107% 107%
107 % 107%

106% ! 12
111 % 1 14%
112 115 %
1.37 189%
186% 139%
MO 111%
107% 113%

108 D ec '01
1 . .1% D e o ’ 01
1

111% J an ’ 02
139% N o v ’ Ol
189% Dec T) I
HO May’ 0 1
107% D e c ’01

F o re ig n G overn m en t
93 ........ 92% D e c ’ 01
Frankfort-on-Main |*%s ser 1.. M-S
91% 03
These are p rice s on the basis of four m arks to o ne do Liar.
U S of M exico s 1 g 6s of 1899 Q-J
!
96 A p r ’01
96
97%
2 Jiese a re p r ices o n the b asis o f $5 to

Slate Securities

Alabam a class A 4 to 5___ 1906
Class B 5s....................... 1906
Class O #S...... .................1006
Currency funding 4s___ 1020
D ist of Columbia 3*65s___ 1924
Louisiana new consol 4s.. 1914

J-J
J-J
J -J
J-J
F-A
J-J

S m a ll..................................

Missour i f unding___ 1804-199 5
N orth Carolina consol 4s.1010
@g... .........................
1910
So Carolina 4 4s 20-40.......1933
Tenn new settlement 3s.. 191
S m a ll....................................
V irg in ia fund debt 2-3s...l991
R e g istered .........................
6s deferred certl's...............

106% Sale

J-J
J-J
A -0
J-J
J-J
J-J
J-J

J-J

R a ilr o a d
labama Cent See So R y
laba M idi See 8av Fla & V
A lban y & Susq See Del 6 a H ud
A llegh en y V a lley See Penn K E
A lle g cfe W est See Buii R 6 a P
A m D o c k & Im See Cent of N J
Ann A rb o r 1st g 4s........A1995 Q-J
A tch T 6 a S F e gen g 4s. ..1995 A-O
R egistered......................1995 A-G
Adjustm ent g 4s......... M 995 N ov
R e g istered ...............h i 995 N ov
Stamped................. 7il995 Nov
Chic 6 a St Louis 1st 6s.. 1915 M-S
A t l K n ox 6 a N o r 1st g 5 s .. 1946 J-D
A tlan ta 6 a D anv See South Ry
A tla nta 6 a Y ad k See South Ry
A ustin 6 a N W See Sou Pacific
at Creek 6 a S See M ich Cent
alt 6a Ohio prior Ig 3 % s.l9 2 5 J-J
R e g istered ................... A1925 Q-J
Gold 4 s . . . . ..................A 19 48 A-O
R e g istered ................A1948 Q-J
Conv deb 4s................... 1911 M-S
P Jun < M D iv 1st g 3 %sl925 M-N
fe
R e g is te re d ................#1925
Southw D iv 1st g 3 % s ...l9 2 5
R e g istered ................ /il925 Q-J
Monon R iv 1st gu g 5s..1919 F-A
Cen Ohio R 1st C g4% s..l93 0 M-S
Beech Creek See N I C & H
B elley 6a Car See Illinois Cent
Bklyn 6a Montauk See L on g 1
Bruns 6 c W est See Saw F I 6 a W
Buffalo N Y 6 a E rie See E rie
Buffalo R 6 a P gen g 5s... 1937 M-S
Debenture 6s................. 1947 J-J
A ll 6 a W est 1st g 4s g u ..l9 9 8 A-O
Cl 6 a M ali 1st gu g 5 s .... 1943 J-J
Roch 6a P itts 1st g 6S...1921 F-A
Consol 1st g 6s........... 1922 J-D
Buffalo 6 a South west See Erie
Buffalo 6 a Susqu 1st g 5s.. 1913 A-C
Registered...................... 1913 A-O
1st refunding g 4s...... cU951 J-J
Bur Cedar R 6 a N o 1st 5s. 1906 J -D
Con 1st 6 a col trust g 5s.. 1934 A-O
R egistered................... 1934 A-O
C R X F 6a N W 1st gu5s. 1921 A-O
M 6a St L 1st gu g 7s___ 1927 J-D
'anada South 1st 5s...... 1908 J-J
'2d 5 s............................. 1913 M-S
R egistered...................1913 M-S
Carb 6 a Shawn See 1 1 Cent
1
Carolina Cent See Seab 6 a Roan
Carthage 6 a A d See N Y C 6 a 11
Ced R la F 6 o N See B C i i & N
Cen Branch V P ls t g 4 s .. .l9 4 8 J-D
Cen Branch R y See M o Pac
Central Ohio See Balti 6a Ohio
Cen R R 6a B of Ga col g 5s 1937 M-N
Cent of Ga R R 1st g 5s..pl945 F -A
R e g is te re d ................. p i 945 F -A
Consol gold 5s................1945 M-N
Registered...................1945 M-N
1st pref income g 5s___ />1945 Oct
2d pref income g 5s___ p l9 4 f OCt
3d pref income g 5s___ p i 945 Oct
Chatt D iv pur in on g 4s. 1951 J-D
M ac 6 a N o r D iv 1st g 5s. 1946 J-J
Mid Ga 6 a A l l D iv 5s___ 1947 J-J
M obile D iv 1st g 5s...... 1946 J-J
C en to! N J 1st consol 7s.. 1902 M-N
General gold 5 s.............. 1987 J-J
R egistered .............. h 1987 Q-J

*95 %
*93%
99%

108

106% N o v ’Ol
136% J ’l y ’Ol
120 M a r’00
97 D ec ’ 01
95 Oct ’01
98% N o v ’Ol

126 % ___

106
106%
109% Oct ’00
103% D e c ’ 01
109 A u g ’ 01
126 Oct *01
107 N o v ’Oi
109% F e b '99

105
135

109%

102 103%
109 109
125 126
106% 109
106%
136%

95% 99%
94% 96
93% 98%

7% A u g ’ 01

7% 10%

A

B

t

96
104

97
Sale

94% Sale
*95 * Sale
io < T

112

96
96%
103% 104%
102 N o v ’Ol
94%
95%.
94%
94%
95
95%
108% D e c ’ 01

12 95 101
290 101% 105%
s 10 1.01% 104
183 86% 99
7 92
95
282 90
97
. . . .

108

95
95% 73 94% 97%
97 D e c ’ 03
95
97
103% 1 L6 99 105
103 Sale 103
102
102% 45 100% 104
104% Sale 104% 107 197 100% 110
90%
90% 16 87% 91%
90% Sale
95% Sale

. 90% Sale

111

118%119

90%
91 203 88% 92%
90% J’ne’ Ol
90% 91
111 May5
00
112 N o v ’ Ol
112 112

118%

118%

1 115

118%

103 A p r ’ 97
128% ........ 127 Oct ’ 01 ___ 127 131
127%........ 127% D e c ’ 01 — 127% 130
100

N o v ’99

99 ........ 101 N o v ’"of
101 101
104% Sale 104% 104%
8 103% 108%
124 ........ 124% 124% 10 119% 127%
117 N o v ’ O
O
O
116% ........ 113% D e c ’ O
105% Sale
110 Sale

92 % ........

105% 105% 57 105% 109
110
110% 14 107 111
107 A u g ’01 .... 106%107

91%

........105% 103
120%........ 122
108

Sale

77 Sale
33% Sale
*18
20

103% ........
103% ........
133% Sale
i 82% Sale

91%
N o v ’ Ol
N o v ’ Ol

106% 108
105% S e p ’ 01
77
77%
33%
33%
18%
19%
J
92 N o v ’ O
95 D e c ’99
102 J'ne’99
105% D e c ’01
103% 103%
132% 133%
132% 132%

91

95

96
119

1

103%
122

286 97% 108%
... 105% 105%
84%
30 60
36%
39 20
8
21
16
__
91% 92
105%105%
6 102% 108
117 127 137%
2 127 137

M IS C E L L A N E O U S

S tr e e t R a ilw a y
Brooklyn 'Rap T r g 5s...... 1945
A tl A v Bklyn imp g 5s..1934
Iik Li ty 1st con 6hJ 916, 1941
Bk % Go 6 c H con gu g 5s. 194 1
Bklyn Uu El 1st g 4-5s.J950
K in gs Co EJ 1Ht g 4 h___ 3949
N assail Elec gu g 4 s ___J9 5 1
C i t y 6a B Ry Balt Jst g 5s. i 922
Con n R y
L I st 6a rej g 4 %s '51
Den Con T r Go Jst g 5s... 1983
lien 'I rani Go con g 6s.. J9 J0
M ct Ry Go 1st gu g 6s.. J9 JJ
Dei. 1 'it, Gt Ry 1st con g 5s. J905
Or B.apjds Ry 1st g 5s...«J 9) 6
L otus By Go Jstcon g 5 s .. J980
M a r k e t : l G Ry Jst g 6s.. J9 J8
M et Ht B y gen col tr g 5s. J997
B way 6a 7Ui A v 1St c g 5s J948

109

FOUR

PALES

BONDS
N. Y, STOCK E X C H A N G E
W
lUCJC ENDING J AN. 10

/’rice
Frid ay
Jan. JO

Week's
Rd/nye or
Last Sole

Hornye
) cue
./U() i

%
'
jV j

Hid
A sli\ Low
/H(/h\ No Low U Ofh
112 %1 H i', 1 L4 % D eo'01
1)2 110%

Ccii I ral of iN .J ( ( 'on t i / d )
nu
Am Dock A Imp gu 5n . 1921
1.(• A; 11ud If, g<m gu " 5s I 920
Le)i 6 a Wilks 1 Goal 5m.. 1918
5
Con ex.t guar 4 %h___a 19 10
N Y & Long Dr gen g 4 h 1941
Cent Pacific See Ho Pacific <J
o
Charles Ai Sav 1st g 7s.. . .! 9.86
Chew 6 a Ohio g Oh ser A m \902
.h
Gold 0s......................... a 19 11
1st consol g 5b ............... I 939
R egistered.................. 1939
General gold 4 %s........... I 992
Registered.................. 1992
(J
ratg V alley 1st g 5s ___194(>
It 6 a A Div 1st eon g 4 s .. 1989
2d consol g 4s...............1989
W arm Spr Val 1st g 5s..1941
K liz Lex 6 a B S gu g 5 s .. 1902
Greenbrier R y 1stgu g Is ’ 40
Chic 6 c A lt R R s fund 6s.. I 908
Refunding g 3s..............1949
Miss R iv B 1st s f g 6s.. 1912
H allw ay 1st lien 3% s...l950
R egistered...................1950
Chic Bur 6 a Q consol 7s... 1903
Chic<fe I owa D iv 5s........ 1905
D enver D iv 4s................ 1922
Illinois D iv 3%s.............1949
R egistered ...................1949
Iow a D iv sink fund 50..1919
Sin ki n g fund 4s........... 1919
Nebraska Extension 4s. 1927
Registered...................1927
Southwestern D iv 4s___ 1921
Joint bonds See Great North
Debenture 5s................. 1913
Han 6 a St Jos consol 6s.. 1911
Chic 6a E 1 1 1st s f cur 6s. 1907
1
1st consol g 6s................ 1934
General consol 1st 5s___ 1937
Registered................... 1937
Ohio 6 a Ind C R y 1st 5s. 1936
Chicago 6a E rie See Erie
Chic In 6 a Louisv re f 6s... 1947
Refunding gold 5s......... 1947
Louisv N A ’ cfe Cli 1st 6s.1910
Chic M il 6 a St Paul con 7s 1905
Term inal gold 5s........... 1914
General g 4s series A ..e l9 8 9
R egistered .................61989
General g 3 %s series B .61989
Chic 6 a L Su D iv g 5s___ 1921
Chic & Mo R iv D iv 5s... 1926
Chic & Pac D iv 6s......... 1910
Chic & P W 1st g 5s...... 1921
Dak & Gt So g 5s........... 1916
Far cfc Sou assu g 6s...... 1924
H ast 6 a D D iv 1st 7s...... 1910
1st 5s............................1910
1 6 cD E x ten 1st 7s......19 08
LaCrosse 6 a D 1st 5s___ 1919
M ineral Point D iv 5s___ 1910
So M inn D iv 1st 6s___ ..1910
Southwest D iv 1st 6s___ 1909
W is 6 a M inn D iv g 5 s ___ 1921
M il & N o 1st M L 6s, ...1910
1st consol 6s...... : ........1913
Chicago & N orth w estern
Consolidated 7s............. 1915
Gold 7s............................1902
R egistered.................. 1902
Extension 4s........1886-1926
R egistered......... 1886-1926
General gold 3%s........... 1987
R e g istered ................p l9 8 7
Sinking fund 6s...1879-1929
R egistered......... 1879-1929
Sinking fund 5s...1879-1929
R egistered......... 1879-1929
Debenture 5s................. 1909
R egis ter ed...................1909
Debenture 5s................. 1921
R egistered...................1921
Sinking fund deb 5s...... 1933
R egistered...................1933
Des M o 6 c Minn 1st 7s.. 1907
M ilw 6 a Madison 1st 6s.. 1905
N orth Illin ois 1st 5s___ 1910
Ott C F < St Paul 1st 5s 1909
fc
W inona < St P et 2d 7s. .1907
fc
M il L S & W est 1st g 6s 1921
E x t 6 a Im p s fund g 5 s 1929
Ashland D iv 1st g 6s..1925
Mich D iv 1st g 6s........1924
Convertible deb 5s___ 1907
In c o m e s ...................... 1911
Chic R ock Is l 6 a Pac 6s...1917
R egistered...................1917
General gold 4s.............. 1988
R egistered.................. 1988
Des M 6 a F t D 1st 4 s ....1905
1st 2%s.........................1905
Extension 4s.............. 1905
Keok 6 a D esM 1st 5 s ....1923
Chic 6 a St L See A tch T & Sa Fe
Chic St L 6 a N O See 1 1 Cent
1
Chic St L 6 a P itts See Penn Co
Chic St P M 6 a O con 6s... 1930
Ch St P 6 a Minn 1st g 6s 1918
N o r Wisconsin 1st 6 s...1930
St P 6a S City 1st g 6s...1919
Chicago T e r Trans g 4s...1947
Chic 6 a W est In d gen g 6s #1932
Chic 6 a W est M id i R y 5s.. 1921

i 03 % N o v ’i ) !
102
1.03

i.02%

113% Hub 1 13%, ) 13%
11 6 % ....... 1 16 0 Dno’O
,
J
121 Sale 120% 12 J%
121. J ’ nCO)
107 Sale 106% 107
103 A pr ’0 !
J06 ....... 103 JNov’O
O
1.04% Sale 104
TO 11
...... . 100% 10 1% D ec ’01
106 .. . . . . 1o 1% A p r ’ 99
101 '2 ....... 101% 101H

....

j ();; J | )7
A
103 106%

l| 113 J 17
115 11'.)
31 J 19 122
--- 1 120 % J2 J
03 104 108%
103 103
4 103
.... 99

107%
103

•j 100

i 02 %

j| 1.02% J05%
i(>3% S afe’ Y o 'K "" i b*3 o
87
88
87% D e e ’OJ —
86
94
84% Bale

34 %

34%

55

83 % 87 %

104% 104%. 23 106% 109%
104% A p r ’ 00
. 101 102%
102 ........ 101% Oct ’01
7 101% 104%
101% ........ 102
102
104% Sale

115% ........ 115 % A u g’01 ___ 114 115%
105% ....... 104% D e c ’ 01 .
103% 107
4 n o 113
Ill
Sale 111
111
109% A u g ’01 .... 109% 112%
100% J’ ne’ Ol
100% .
100% 100%
109 % 109%
121% .......
111% ........
138% _____
122% 122%

108% D e c ’ 01
121% D c c ’ 01
111% D e c ’ 01
138% Dec ’ 01
L22 % 123
115 A u g’ 00
120% ....... 122% D ec’ 01

....
....
....
26

108 112%
120 123%
111% 117
135 140
115 127

—

112%125

126
129% 10 115 128
8 106%116%
114% 114%
6 113 117
113% Sale 113% 113%
1 180 194
182% Sale 182% 182%
111% 115%
111% ........ 114 D e c ’01
110 ........ 110% J a n ’ 02 .... 110 114%
105% Feb ’ 98

126

Sale

1 1 6 % ......
118%.......
114% .......
117 118
112% ........
130%
120% ........
1 0 7 X ........
114% ........
108% .......
114 ........
113% sale
116% Sale
114% ........
119 . . . . . .

118% N o v ’ Ol
121% D e c ’01
116% Oct ’ 01
116% H 8
112% 112%
137% J’ l y ’ 99
123% Oct ’01
109% D e c ’01
185 Oct ’ 01
117% Oct ’ 01
110% N o v ’ Ol
114
114
113% 113%
116% 116%
116 J ’l y ’Ol
118% Sep ’ 01

140
140
103% D e c ’01
102 D e c ’ 01
109 D c c ’01
107 M ar’00
111 Oct ’ 01
103 N o v ’ 98
115
115 Sale 115
111 O c t ’00
108 110 108% J a n ’ 02
107% May’ 01
108% Jan ’ 02
i ‘o8% i i o
108 Oct ’01
........110
114% ..... . 114% Oct ’01
114% ........ 114 O c t ’ 01
*121 % 124% 121% 122
123 M ay’ 01
140 Sale
103%104
103% ........
108 % .......
107% 110
108% ........

109% ........
110% ........
110 ........
118% ___
136%........
127% ........
141% ........
139% Sale
107% ........
110% ........
128 130
126% .......
105% Sale

110% Sale

. . -10
8
1
....
—

iie ^ m
118 122%
116 119
116% 122
111%116%
120% 126%
109% 110%
185 188
117% 119
108 110%
114% 119%
113 117%
116%120
116 119%
118%122

6
....
....
....

139% 142%
102% 108
102 108
10-8% 112

....
....
3
6
.. . .

___ 109% 111
5 113% 116%
* oo« ibe% Iid %
.... 107% 107%
108 110%
108 108%
114% 117%
.. 114 114
2 121% 125%
— 122 123

113 J a n ’ 01
110% Oct ’01 - ••110% A u g ’ 01 ....
120% N o v ’ O
O
5
137% 137%
128
128%
7
143% A p r ’ 01 • •^139% 139%
5
107% F e b ’01 « « •«
113 A p r ’01 * •• 4
128
128
126 D e c ’Of __
105% 106 i i i
106% N o v ’Ol
99% F e b ’ 01 . .
86% A u g ’O
O
97 D e c ’ OO
110% 110%
i

113 113
110%111
110% 111%
J35%T41%
123% 127%
143%143%
138% 143
107% 107%
113 113
127% 132%
126 132%
105% 110
105% 107%
99% 99%
110% 112%

2 134% 142
139% Sale 139% 140
140
7 134 140%
139% ........ 140
140 140
138 ....... 140 M ar’01
129% 129%
3 127 j :l >
48 87
98
87
89
88% Sale
117 119%
117% ........ 119% N o v ’Ol
100 O c t ’ 99

B O N D S —C o n tin u ed on N e x t P a g e .
S tre e t R a ilw a y

7 103% 110% M et St R y—( Continued)
107
107%
Col 6 o 9tli A v 1st gu g 5s. 1993
110 Jan ’ 9$
j i i * 'i i 5 * *
L ex A v 6 a P F 1st gu g 5s 1993
i u % i l 4 * ’ 115 D e c ’ 01
Th ird A v e R R con gu 4s 2000
100 ........ 100
301 % ” 7 100 105%
Third A v e R y 1st g 5s.. 1937
101 % Sale 100% 101% 191 98 103
95
M et W S El (Chic) 1st g 4s. 1938
91% Sale
90
91 % 98 88
M il El B y & L 30-yr g 5s. 1926
Minn St R y 1st con g 5s.. 1919
St Paul City Cab con g 5s. 1937
................. 100% N o v ’Ol .... ioo% i o i
G uaranteed go 1 5s....... 1937
d
95 J ’ne’ O
O
Union El (Ohio) I s t g 5s..1945
W Chic St4.0-yr 1st cur 5s. 1928
40-year consol gold 5 s...1936
........ ------ 103 N o v ’ Ol .... 101% 103

107% Sale

109

,
121 ....... I 2 1
118% Sale 118%
*H o price Friday; latest price this ,v <u. « buo.ln/i
<

M ar'98

M-8
M-S
J-J
J-J
F-A
F-A
J-J
J-J
J-J
A-O
M-N
M-N

121% 126
........ 122 D ec’ 01
J23
123% ” 6 120 123%
a SaJfe 99% 100 428 11)0 105
123 126
124 J a n ’02
102% 102%
*3 98 103%
106 Oct ’99
110 110
J
111% ........ 11.0 A p r ’O
113 ....... 114% N o v ’ Ol — 111%114%
122

G

122

128

.. ... . . . . . . .

109% Deo ’99
99

Doc ’ 97

L a * and E le c t r ic L ig h t

A Manta G L Co 1st g oh. .. 1947 J-D
91 % Oct ’98
i
2 117 % 122 % P os U Gas tr ctl's h f g 5h. 1939 J-J
12 )
i JI8 122% Bklyn U Gas 1st con g 5h. 1945 M-N 117 ....... I 17 D ec *01
118%
d Duo A pr e Duo May # D rie J 'n o h Duo J 'ly k Due A ug p Duo Nov r/Duo Doc

...... ......
1! 5 % 119 %
>n sal©

Bond Record—Continued—Page 2

84
BOSUfei
K. Y . STOCK E X C H A N G E

WfcitK ENDING JAM 10

11

Choc Ok Jt G gen g 5n ...olOlO J J

S r ic e
F r id a y
J a n . 10
B id

A s k Low

A O i l l 4 .......
2d gold 4 4**................... 1937 J - J
Cin D d 1 la t gu g
fe
19411
M-N 1 1 3 4 .......
C I St L J O See U C O d St I
fc
b
Cin S A C See C Q O St 1
^
Clear Held «fc Mali See B K A 1
Cleveland Cm Chic %c St Loiiia
s
103 Hale
G e n e r a l g 4 a ................... , . . 1 9 9 3 J-D
Cairo D iv lat gold 4a... .1939 J-J
963 .......
*
Cln W d M Div la t g 4a .1991 J-J
fc
St L I)iv lat col tr g 4a.. 1990 M N 103 105
Registered.................. 1990 .V N
I
8 p r & C o l D iv l a t g 4a
MS
Vv W V a l D i v l a t g 4 a . . . 1 9 4 0 J J
1
C I S t L A O C o n a o l O a . .1 9 *2 0 IV-N
la t gold 4a................A1936 < 4 * 105 .......
R egistered_______ /cl 930 Q-P . . . . . . .
Cin S d Ol con la tg 5 a .. 192S J J 114%.......
b
C O O & I conaol 7a....... 1914 J-D 130 1334
C o n s u l s i n k f u n d 7 a ____ 1 9 1 4 J -D
General consol gold Oa. 1934 J-J 1 3 4 4 .......
J -J
Ind B1 db W lat pref 4a. 1940 A-O
O Ind d W lat pf 5a...d 193s O-J
b
PdO & East la t con 4a. ..1940 A-O * 97 4 99
77 Sale
Income 4 a ................. 1990 Apr
Cl Lor d Wh con la t g 5a. 1933 A O 1 1 6 4 .......
b
Clev d Marietta <S'eePenn HH
b
Clev d Mahon Val g 5s... 1938 J-J
b
Registered.................. 1938 Q. J
Clev d Pitta See Penn Co
b
83 Sale
Col Midland la t g 3-4a....l947 J-J
83 Sale
la t gold 4a..................... 1947 J-J
92 4 Sale
Colorado d Sou 1st g4 a ... 1929 F-A
b
C oIuiu d Greenv See So Ry
b
Col d Hock Val S ee Hook V a
b
Col Conn & Term S ee N d W
b
Conn d Pas Riva 1st g 4a. 1943 A-O
b
ak d Gt So S ee C M d St P
b
b
alias d Waco See M K d T
b
b
Del Lack «fc Western 7s... 1907 M-S 119 .......
Morris d Essex la t 7s... 1914 M-N 1 3 6 4 .......
b
1st consol guar 7a......1915 J-D 1 3 6 4 .......
Registered............... 1915 J -D
N Y Lack d W 1st 6s...1921 J-J 133%.......
b
Construction 5s.........1923 F-A 117% .......
Term & improve 4s___1923 M-N
Syr Bing cfc N Y 1st 7s.. 1906 A-O 116%.......
Warren 1st ref g u g 3 4 s .2000 F-A
Del d Hud 1st Pa D iv 7s.1917 M-S 1 4 7 4 .......
b
Registered..................191 M-S
A lb
Sus 1st con gu 7a. 1906 A-O 1154116%
Registered.................. 1906 A-O
Guar gold 6s............... 1906 A-O i l l
.......
Registered............... 1906 A-O
Reus d Saratoga 1st 7s. 1921 M-N 1 5 0 4 .......
b
Registered.................. 1921 M-N
Del R iv R R Bridge See Pa R R
Denv d R Gr 1st con g4s. 1936 J-J 1014101%
b
Consol gold 4 4 s ............ 1936 J-J 1104112
Improvement gold os... 1928 J-D 11041114
Rio Gr So gu See Rio Gr So
Den & S W est gen s f g 5s 1929 J-D
89 4 Sale
Des M oi & F t D See C R d I P
b
Des M d Minn See C h & N W
b
Des Moi Un R y 1st g 5s.. 1917 M-N *105 .......
D e t M & T o l See L S & M So
D et d Mack 1st lien g 43.1995 J-D
b
Gold 4s...........................1995 J-D
90
924
D et M d M Id gr 3 4s ser A 1911 A O
b
334 Sale
D et Sou 1st g 4s............. 1951 J-D
854 864
94
95
Ohio Sou D iv 1st g 4 s ...1941 M-S
Duldb Iron Range 1st 5s.. 1937 A-O *113 .......
Registered..................... 1937 A-O
2d 6s.......................
J -J
Dul So Shore d A t l g 5s.. 1937 J-J
b
Jast ot Minn See St P M d M
b
-last Ten V a db Ga S ee S
Elgin Jol d East 1st g 5s. 1941 M-N 1 1 4 4 .......
b
!E liz L ex db B San See C db O
iE lm C ortdbN o See Leh d N Y
b
Erie 1st ext gold 4s........... 1947 M-N ....... 121
M-S 121%123
M-S 116%.......
A-O 1214123
J-D 1 0 8 4 .......
M-S * ....... 1404
M-S
J-J 100 Sale
J-J
1st consol gen lien g 4s.
J-J
894 Sale
J-J
Penn coll tr g
F-A
954 Sale
J-D 132 .......
J-J
Small.
J-J
M-N 1 2 3 4 .......
A-O 1 0 5 4 .......
Lon g Doc*
A-O
M-N 113 .......
J-J
M-N
A-O 1154117
J-J ....... 119
2d gold 4 4 s ................ 193*; F-A
F-A 109%.......
M-N 1 1 5 4 .......
M-N
J-D 110 .......
;Erie db Pitts See Penn Co
F-A
iEureka Springs 1st g 6s.. 1(
Evansville db Terre Haute
J-J 1 2 2 4 .......
A-O 1094 Sale
M t Vernon 1st £
A-O 112 .......
A-O 101 .......
Sull Co Branch :
J-J 1 0 8 4 .......
Cm

D

I

H

iK

I ) con gol a t 7 a ... 1905

W eeK’ s
Range or
L a s t S a le
H ig h

*i
S
Range
Year

11)01

No

Low

H ig h ,

103 Jan ’00
1114 Dec *01 .... 11141114
113 Oct ’00
114 D ec’01 .... 1124 i l f i

1024 103%
99 Jan ’01
1044 Dec *01
103 4 Deo’Ol
99 May'99
100 J ’ne’Ol
H3 N ov’99

24 101
.... 99
984
.... 102

1054
99
1044
105%

.... 100

100

105 Nov'Ol .... 104 i06
... ... . . . . . . . . ....
115 4 Oct *01
113% 1154
i 130 138
134 4 1344
1854 D ec’01 .... 133

138 4

1044 N o v’Ol .... 10441044
984
994
77
774
115 N o v ’Ol

6
65

95 100 4
45 4 794
115 115

1294 May’01 .... 12941304
824
82%
91

834 131
834 13
924 130

78
77
83

874
874
904

BONDS
N. Y. STOCK E X C H A N G E

W eek

ending

J an .

I

H
I

1st gold 3s s te rlin g ........1951

Registered..................1951
Coll Trust gold 4s.........1952
Registered.................. 1952
L N O d Tex gold 4s___1953
b
Registered.................. 1953
Cairo B ridge gold 4s___1950

St Louis D iv gold 3s___ 1951

147 4 Dec *01
149 A ug’01
1144 D ec’Ol
122 J ’lie’99
110% D ec’Ol
1094 N o v’Ol
152 Oct *01
151 J a n ’01

—
—

11741234
1364140
13641404

1
....
....
—

1334137
11841194
10441044
116 117%

.... 14541474
.... 149 150
.... 1144117
....
___
___
....

11041114
10941124
1504 153 4
151 151

101
1014 133 100
24 108
111
112
1104 D ec’Ol .... 107
894
111

90

F e b ’01 —

102 J ’l y ’Ol
904 Dec *01
30
334
864 J a n ’02
94
95
113 D ec’Ol
115
113

894 96
108 4 1 H

.... 102 102
.... 85
93
191 29
354
.... 85
874
3 934 95
___ 1104116

D ec’Ol .... 112

116

D ec’Ol .... 1124113

115 N o v ’Ol
121
121
U 1 J ’l y ’Ol
121
121
108 N o v ’Ol
1404 141
137 N o v ’Ol
994 100
99 A u g’01
89%
89%
95
133

10

1044
1144
1134

115 1194
119 121
111 118
1234124
107 108
139 1434
.... 1354137
142 954101%
___ 99
99
378 82% 914
i
....
5
....
6

954 193 924 964
5 13641364
133

1234 1234
106 Jan ’02
137 N o v’ Ol

2 116
.... 105
.... 137

1234
108
140

Gold 3 4 s.....................1951
Registered............... 1951
Spring D iv 1st g 3 4 s ... 1951
Western lanes 1st g 4s.. 1951
Registered.................. 1951
B ellev db Car 1st 6s......1923
Carl) d Shaw 1st g 4s. ..1932
b
Chic St L < f c N O g 5s... 1951
Registered.................. 1951
Gold 3 4 s.....................1951
Registered............... 1951
Memph D iv 1st g 4 s ... 1951
Registered............... 1951
St L Sou 1st gu g 4s___1931
Ind B1 d W est See C C C d St I
b
b
Ind Dec d W 1st g 5s......193f
b
1st guar gold 5s..............193£
Ind 1 d la 1st g 4s....... 1950
11 b
In t < Great N or 1st g 6s.. 1919
fc
2d gold 5s...................... 1909
3d gold 48...................... 1921
Iow a Central 1st gold 5s.. 1938
Refunding g 4s............. 1951
Jefferson R R See Erie
al A d G R See L S & M S
b
an db Mich See Tol d O C
b
K C F t S d M S eeS tL d b S F
b
K C & M R & B 1st gu g 5s. 1929
Kan C d Pacific See M K db T
b
Kan City Sou 1st gold 3s.. 1950
Registered.....................1950
Kansas Mid See St L db S E
Kentucky Cent See L < N
fc
Keok d Des Mo See C R I & P
b
Knoxville
Ohio See So R y
ake Erie & W 1st g 5s_. 19*37
2d gold 5s................... 1941
North Ohio 1st gu g 5s.. 1945
L Sho d Mich S See N Y Cent
b
Lehigh V a l (Pa) coll g os.1997
Registered 5s................ 1997
Leh V a l N Y 1st gu g 4 4s. 1940
Registered.....................1940
Leh v Ter R y 1st gu g 5s. 1941
Registered.....................1941
Leli V Coal Co 1st gu g 5s. 1933
Registered.....................1933
Leh d N Y 1st guar g 4s.. 1945
b
Registered.....................1945
E l C & N 1st g 1st pf 6s. 1914
Gold guar 5s............... 1914
Leh & Hud R See Cent of N J
Leh d W ilkesb S ee Cent of N J
b
Leroy d Caney V a l S ee M o P
b
Long Dock See Erie
Long Island 1st con g 5s. M931
1st consol gold 4s....... M931

L

1184 Aug’ 01 .... 1184121
109 Oct ’98
6 115 118%
1154 116
1174 D ec’Ol .... 111 119
94 Feh ’01
94
94
110 D e c ’Ol ___ 100 1104
_ 1154H 54
1154 N o v’Ol
110

Gold os.

65

N o v’97

1254 D ec’Ol
1084 1094
114

1074112

123
34 107

126
111

A u g’01 .... 108

P r ic e
F r id a y
J a n . 10
H id

A s k Low

J • J v105
J J
J-J 105 108
J-J
.) D 1074 Sale
J-J
A-O
J-J
J-J

J-J

104
109

W e e k 's
h u m jr OT
L a s t S a le

100

H ig h

No

105 Mar’98 ....
1074 1084 182
89 4 D ec’Ol ....

964

Range
Year

1001

Low

H ig h

Sep ’00

103
1044 103
08 4 N ov’00
....... 109 D ec’Ol

96 4 Sale

L
Oo
cqco

764 i i 1
67
92

3 101

105

109

109

95

101

96% 866

J-J 1074 Sale 1074 1074 31 1034110
j .j
A O *105 ....... 104 Oct ’01 .... 104 1064
J-J
J -J
J-J
J -J
M- 8
M- 8
A-O
A-O
M-N
\ -N
1
j .p
J-J
J-J
F-A
J-J
j .j
J-J
J-J
J -J
F-A
F-A
J-I)
M- S
J-D
J-D
J-D
J -D
J-D
J-D
M-S
J-J
J -J
J-J
M-N
M-S
M-S
J-D
M-S

1154 A p r ’01
11541154
113 »• Mar’00
>
....... 1074 106 D ec’Ol .... 104 1074
102 4 A pr *98
*1 0 6 4 ....... 104% Oct ’01 .... 104 106
102 O c t’01 .... 102 102
6 102 106
1054 105 4
98 Jan *00
*113 .......
* ....... 101
1024 N o v’Ol .... 1004103
1 2 1 4 ....... 123 May *99
904 A p r ’01 ....

90

91

1014 A u g’01 .... 10141024
......
101 % Oct ’99 ....
100 N o v’O
O
114%....... 1144 Jail ’02 ___ 11241154
124 May’01
90 N o v’98
...... - 130 D ec’Ol
124 S ep ’01
* 9 7 4 ....... 1014 Oct ’01
i28

.... 124

124

.... 126 130
___ 123%124
___ 10141014

1074 i o i

o c t *bi .... 106

1074

105

D ec’Ol .... 105

105

1 0 5 4 ....... 109

N o v’Ol .... 105

109

*105
104

107

100 4 D cc’Ol
1234
12341264 123
1004 Sale 1004 1004
75
75
75 Sale
117 Sale 1164 1174
95
95 ....... 95

....

98% 1004
3 123 128
5 96 103
2 65
80
10 1154119
1 94
94

K

Ferry gold 4 4 s ..............1922
Gold 4s.......................... 1932
Unified gold 4 s ..............1949
Debenture gold 5s.........1934
Bklyn d Mout 1st g 6s.. 1911
b
ls t 5 s .......................... 1911
N Y B & M B 1st con g 5s 193
N Y db R B 1st g 5s......1927
N o r Sli B 1st con g gu5s ol 932

D ec’Ol —

'T
S
co£
io ^

io

^argo d Ho See Oh M d St 1
b
b
lintdb PereM See Peru Mai
Ela Cen d Pen la t g 5s... 1918
b
1st land gr ext gold 5s.. 1930
Consol gold os.............. 1943
Fort St U D Co 1st g 14s. 1911
Ft W d Den C 1st g 6s ... .1921
b
Ft W & Rio Gr 1st g 3-4a. 1928
/ ini Har db 8 A See So Pac Co
* Xal H d 1 of 1882 1st 5a. 1913
b 1
Ga d A tl R y 1st con 5s. .o 194£
b
Ga Car d No 1st gu g 5s.. 1929
b
Georgia Pacific See So Ry
Gila V G d N or See So Pac Co
b
Gouv d Oswegat See N Y Cent
b
Grand Rap d Ind See Penn Co
b
Gray’s P t Term See S t L S W
Gt N or—C B d Q coll l r 4s 1921
b
Greenbrier Ry See d ie s d O
b
an d St Jo See C B d Q
b
b
ousatonio See N Y N 1 d H
1 b
Hock Val 1stconsol g 4 4s. 1999
Registered.................... 1999
Col db 1 V 1st ext g 4s.. 1948
1
If oust Pi d W T ex See So Pac
b
II oust tfc T ex Cen See So Pac Co
llinois Central 1st g 4 a ..1951
Registered.................. 1951
1st gold 3 4 s .................. 1951
Registered.................. 1951

Louisville D iv gold 34s. 1953
Registered.................. 1953
Midland D ivreg 5s....... 1921
1184 N o v’Ol
138 O c t ’01
139 N o v ’Ol
140 Oct *98
1334 133 4
1194 J ’l y ’Ol
1044 D ec’01
116 D ec’Ol

[V o l . LX X IV .

.1937

Coll trust gold 5s.......... 1931
Coll trust 5-20 g 4s. 1903Cecilian Branch 7s.......
E H
Nash 1st g 6s---L Cin d L ex gold 4 4 s .. .1931
b

il.4

A-O
A-O
A-O

J-J
J-J
A-O
M-N
M-N
J-J
J-J
A-O
A-O
J-J
J-J
M-S
M-S
A-O
A-O

Q-J
O-J
J-D
M-S
J-D
M-S
J-D
M-S
M-S
A-O
M-S
Q-J
J-D
M-N
J-J
J-J
M-N
A-O
M-S
J-D
M-N
J-J

72

Sale

85
714
72
634 Oct. ’00

1204 Sale
114

1204 1204
1184 N o v’Ol
113
....... 113

109

Sale

109

109

108 1104 110% N o v’Ol
1 0 6 4 ....... 1084 N o v’Ol
1184 Oct ’0]
109 Oct ’99
*1 0 6 4 ....... 109 ~ J’ne’01
97
116
* 97

119
100

N o v ’Ol

664 724

13 11841244
117 120
1 110 1154

______

1 11041104

. . . .

1084111%
1084111
11441184

. . . .

109

109

. . . .

95

100

7 121

123

. . . .
. . . .

101 % Sep ’99

1 2 1 4 ....... 1214

1214

i o i 1024 102 Jan ’02
1 0 1 4 ....... 105 J ’ne’01
100 O c t’00
99
100
99 100
95 F e b ’01
* ....... 1104
....... 1104 i0 9 4 J’ne’b i
114 117L 107 J a n ’99
1124 Sale 1124 1124
It 2*o
113 D ec’00
118%119 1184 1184
113 ....... 114 S op ’01
101 Salt 101
1014
100
100
113 N o v ’Ol
113 .......
101
101 Sale 101
106 D ec’00
i i s % i i 6 4 113 4 D ec’01
103 Jan’98
1284 Jan *02

. . . .

10

__

100 105
1024105
97
95

101
95

1094110
1
24 112 121
111 1144
14 994 1044
10
11041144
30 99 102

__

113

116

. . . .

iso

is i4

M IS C E L L A N E O U S B O N D S —Continued on N ext P a ge ,
d a s and E lectric L ig h t
jCh G L
C Co See P G d C Co
b
Columbus Gas 1st g 5s___1932 J-J
Conn R y d L S ee Street R y
b
Con Gas Co See P G d C Co
b
Detroit City Gas g 5s....... 1923 J-J
93 Sale
93
93
7
D et Gas Co con 1st g o s ...1918 F-A 105 ....... 105 Oct ’01 ....
Ed E l 1 1 Bkn See Iv C o E L d b P
1
Ed E 1 1 See N Y G d b E L H d b P
1
E q G L N Y l s t con g 5s.. 1932 M-S 119 ....... 1184 Oct ’01 ....
E q G db Fuel See P G d C Co
b
61 4 Oct ’01
Gasdb E lecB ergC o c g5 a.1949 J-D
G r R a p G L C o 1st g OS...191C (F-A ................ 1074 D ec’00 ....
K C Mo Gas Co 1st g 5s... 1922 A-O
.................... ....
Kings Co El L d P g 5s... 1937 A-O
b
1244 D ee’01
Purchase money 6s....... 1997 A-O i ’2
’4”
Ed El II Bkn 1st con g 4s 1939 J-.T
97
97 ....... 97
5
Lac Gas L o fS t L 1st g 5s.tfl919 Q-F 110 Sale 109
110
M ut Fuel Gas Co S ee Peop Gas
No price Friday, latest bid and asked tms week, a Due Jan

G as and E lectric L ig h t
Newark Cons Gas con g os 1918
N Y G PI L H d P g os. ..1948
b
Purchase money g 4s. ..1949
Ed El i l l 1st conv g os.. 1910
1st consol gold5s.......1995
94 103
NYdbQEl LdbP 1st con gosl930
102 106
Paterson d P G d E g 5s. 1949
b
b
Peo Gas d C 1st gu g 6s.. 1904
b
2d guar gold 6s............ 1904
11841184
1st con gold 6s............. 1943
Refunding gold5s........19 IT
6141024
t li G-L d Cke 1st gu g os 193 <
b
.................
( ’on G Co of Oh 1st gu g 5s.*36
Eq G d F Oh 1st gu g 6s. 1905
b
M u Fuel Gas 1st gu g ns. 194 7
1234 1264
Trenton G db El 1st g 5s.. 19 19
96
97 4
V t ion E L d P 1st s 1 g 5s. 1950
b
107 110
Western i ins Co col tr g os 191

d Duo Apr

a Duo Maj

h DuoJ Ij

k

1124114
11 2 4 1124
9 7 4 Sale
97
974
1 07% ........ 107% 107%
120 ........ 121 4 A p r ’01
1044 Sale 1044 1044

107

10 IO84116
66, 94% 9 8 4
1 105 1094
121 1214
52 102 104 *u
....

j ’i v ’bo
1 0 1 4 ........ 102% J ’no’ 0.1 ....| 1024104
121 ........ 123
126
3 120 126
106 Dec *98
........i i o
109 4 1094 15: 1OS 111 4
.1
1044 110
107 108 108 D e o ’0
.j 102 1054
103 Sale 103
108
102 100
105 106 105
105
(M
109 109
........ 108
109 Fob *01

Duo Aug e Duo Out

107 4 Jau 01 ..,,1 l o v 4 t o ; 4

c Du© Doo oOpUouoolo

Bond Record—Continued—Page 3

J a n u a r y 11, 1902. |
BONDS

N . Y . STO C K E X C H A N G E
W

eicjc

E n d i n g J a n . 10

$.2
3$

P rice
F rid a y
Jan. Jo

Week's
Range or
Last Sale

£ o

/ ig/i J\o
/
A sk Low
Bid
Xiouisv < N ashv-- ( Continued)
fc
120 N ov’ Ol
N O tfc M! ‘2d gold 0 «...... 1000 J-J 120
115 Doo *00
P en sa co laD iv g o ld 0 s... 1920 M'S 1 12
1.24 V D oc’01
S t L D iv 1st gold 0s....... 1921 M-S 124
73 *2 A u g’01
2d.gold 3 s ..................1980 M-S
113 N o v ’99
H en aer B dge 1st s f g 0s. 1031 M-S
99 J a n ’ 02 s 1
K entucky Con I gold I s . . 1987 .1 J
1 10 V M a r ’OT
U N ( t M A M 1st g 4 Vs 1045 M-S 110
111 A u g ’Ol
N F la cfc S 1st gu g 5 s... 1937 F-A 114
Pens & A t l 1st gu g 6s.. 1921 F A 112 •i........ 114*4 N o v ’ Ol
115 D eo'01
S A N A la con gu g 5s.. 1930 F-A
Sink fund gold 6s........1910 A-O
lo o M a r ’01
I j & J eff Bdge Co gu g 4 s.. 1945 M-S 100%
L N A A Cli JSee O I & L
alion Coal See L S < M S
fc
anliattan R y consol4s. 1990 A-O 105*4 Sale 105*2 1053i 34
106*4 May’ 01
R egistered................1990 A-O
113*8 113*2 *8
M etropol E l 1st g 0s----1908 J-J 113” i i T
M a n s w Coloniz g 5 s....1934 J-D
M c K ’pt & B V See N Y Cent
M etropolitan E l See M an R y
82
83*2 223
82 *2 Sale
JVIex Cent consol gold 4s.. 1911 J-J
32
33*2 S78
32 Sale
1st consol income g 3s.al939 P ly
22*2 Sale
21*4
23 139
2d consol income g 3 s..al939 J ’ly
Equip & coll gold 5s...... 1917 A-O
2d series gold 5s......... 1919 A-O
90% J ’ly ’01
M e x In te rn a l 1st con g 4s. 1977 M-S
100
100*2 100*2
M e x N a t 1st 6s ctfs dep..l927
100
99*4 D ec ’ 01
Ctfs of dep 2d in c6 s A.&1917
34
34 D e c ’ 01
Ctfs of dep 2d inc 0s B.&1917
105 May’ 00
M e x N orth 1st gold 6s----1910 J-D 100
M ich Cent See N Y Cent
M id of N J See E rie
M ilL S A W
See Chic & N W
M il & Mad See Chic & N W
M il & N orth See Ch M & St P
M inn & St L 1st gold 7s..1927 J-D 147 147*2 147*2 147*2
Io w a E x 1st gold 7s...... 1909 J-D 117*2.... 119 D e c ’01
123*2 A p r ’01
Pacific E x 1st gold 6s... 1921 A-O 125 . . . .
South W e st E x 1st g 7s. 1910 J-D 117*2.... 122*2 F e b ’ 01
3
1st consol gold 5s...........1934 M-N 120*2122 120*2 120*2
104*4 43
1st and refund gold 4 s.. 1949 M-S 103*8105 104
M in n & St L gu SeeB C E A N
M & P 1st 5s stpd 4s in t gu 1936 J-J
M S S M A A 1st g 4 in t gu 1926 J-J
........ 101*4 103 N o v ’Ol
95 ....
98 A p r ’ 01
M S tP < fc S S M c o n g 4 in tg u ’ 38 J-J
M in n U n See St P M <feM
98*8 Sale
98
98*2 92
M o K an & T e x 1st g 4 s ...1990 J-D
83*2 Sale
83*2
83 7 116
S
2d gold 4s......................#1990 F-A
103*4 43
1st ex t gold 5s................1944 M-N 103*2 Sale 103
98 Sep ’ 01
D al & W a 1st gn g 5s. ..1940 M-N 101*2 ........
90 D e c ’ 01
K a n C & Pac 1st g 4 s... 1990 M-S * ........ 91
M K & T of T 1st g u g 58.1942 J-D *105 ...... 105*2 105*o 10
69
SheTSh& So 1st g u g 5s. 1943 F-A 105 Sale 101*2 105
T e b o & Neosho 1st 7s... 1903 J-D
111 D e c ’ 01
M o K & E 1st gu g 5s...... 1942 A-O
M issouri Pacific 3d 7s...... 1906 M-N 114 115 114*4 114*4
14
1st consol gold 6s...........1920 M-N ........124
123*2 124
T ru st gold 5s stam ped.al917 M-S 107 Sale 107
107*2 22
R e g is te re d ................al917 M-S
1st coll gold 5s................1920 F-A 108 109 108*4 108*4 20
R egistered...................1920 F-A
91 . . . .
91 N o v ’ Ol
Cent B r R y 1st gu g 4s. 1919 F-A
L e r o y & C V A L l s t g S s 1926 J-J 102 105 100 M ay’01
P a c R of M o 1st ex g 4s.1938 F-A 106*4 107*4 106*4 D e c ’ 01
2d extended gold 5s... 1938 J-J 113 115 115*2 N o v ’ Ol
15
St L I r M<fc Sgen con g 5sl931 A-O 117*2118 117*4 118
Gen con stamp g td g 5s 1931 A-O 116 118 115*2 D e c ’ 01
69
93*4 Sale
U n ified & r e f gold 4s.. 1929 J-J
94
92*4
R egistered ................1929 J-J
98
V erd i V I A W 1st g 5S.1926 M-S
M iss R iv B ridge See Chic & A lt
M ob & Birm prior lien g 5s 1945 J-J 109
110*4 J’l y ’00
M ortgage gold 4s...........1945 J-J
90
95
Mob Jack & K C 1st g 5s.1946 J-D
10
M ob & Ohio new gold 6s.. 1927 J-D 129*2131*4 130
130
1st extension gold 6s..7tl927 Q-J
125 N o v ’Ol
G eneral gold 4s.............. 1938 M-S
97 D e c ’ 01
M o n tg o m D iv 1st g 5s..1947 F-A 116
115 D e c ’ Oi
S t L & Cairo gu g 4s___ 1931 J-J *101
99 Oct ’ 01
Collateral g 4s...........e l 930 Q-F
95*4 N o v ’ Ol
M ohaw k < M ai See N Y C & H
fc
Monongahela R iv See B & O
M ont Cent See St P M & M
M organ’ s L a < T See S P Co
&
M orris & Essex See D el L & W
A T ash Chat 6 b St L 1st 7s.1913 J-J 126*4 127 126*4 126*4
1st consol gold 5s........1928 A-O 114 115 114
114
Jasper Branch 1st g 6s.. 1923 J-J
113 D e c ’99
M cM M W A A 1 1st 6 s ..1917 J-J
116*4
T & P Branch 1st 6 s ....1917 J-J
111 D e c ’ 99
Nash Elor < Shef See L < N
fc
&
N e w H & D iS'eeN Y N H & H
N J June R R See N Y Cent
N e w < Cin B dge See Penn Co
&
• N O & N E prior lien g 6s »1915 A-O
N Y B kln & Man Bch See L J
N Y Cent & J1 R 1st 7s. ..190 J-J 102*2103 106*8 D e c ’ 01
R egistered................... 1903 J-J
102*4 D e c ’ Oi
G old m ortgage 3 V s ....... 199
J-J io s
110 D e c ’ 01
R egistered................... 1997 J-J
109 *2 May’ 01
Debenture 5s of. ..1884-1904 M-S 103% Sale 1037 103 7
8
8
R egistered......... 1884-1904 M-S 103*2...... 103*2 103*2
R eg ist deb 5s o f... 1889-1904 M-S
99*4...... . 109*2 Sep ’97
Debenture g 4 s ___1890-1905 J-D 100*2 ........ 103 *8 A p r ’ 01
R egistered......... 1890-1905 J-D
100*4 100*4
D eb t certs ex t g 4s........1905 M-N 100*4
100*2 J a n ’ 02
R egistered ...................1905 M-N
100% N o v ’Ol
L a k e Shore coll g 3 V s ... 1998 F-A
97*2 98
61
97*2
98
R egistered...................1998 F-A
95*2 Sale
15
95*2
96
M ich Cent coll g 3 V s ___1998 F-A
95% 96*4 95% d a n ’ 02
R egistered...................1998 F-A
94
94
94 Sale
io
Beech Creek 1st gu g 4s. 1936 J-J
...... 113*2 111*4 Sep ’ 01
R egistered...................1936 J-J
106 J ’ne’98
2d gu gold os............. 1936 J-J 117*2
Cart & A d 1 st gu g 4 s...1981 J-D
Clearfield Bitum coal Corp—
1st s f int gu g 4s ser A 1940 J-J * 92
95
92 *2 D e c ’ 01
Gouv & Os we 1stgu g 5s 1942 J-D *
.......................... 112*2

M

Range
Year
1901
Low

i 19'*.

High

120

L24*i 120*4
73*i 73 *a
90*i 1.02

I IOC J 12
1 1 1 115
1 1 *2 I I 7
1
110

J 1.5*2

100

100

102 107
105*i 105*4
114 117*2

80*2 90
26
38*4
13
27
82*4 91*8
100 101*4
97 100*4
33*2 34*2

147*2147*2
119 122*2
123*2 123*2
122*2122*2
116*2 121*4
97 105
98
98

103*2
98

96*4 100%
75
87
97 106
98 100
87*2 91*4
96 108
99*4105 7
8
107 111*2
114 117
119*2125%
100*2109*2
103

110

89*2 91
100 100
105 107
113 115*2
114 119
114*2116*2
84*4 96*4

127*2132
121 130
87*2 97
110 116*4
99 101*2
95*4 95*4

126*2 130
111 116

BONDS
N. Y . STOCK E X C H A N G E
W icicic E nding J a n . 10

85
'e
r .2
<
►
-.V

p ric e
F rid a y
Jan. 10

tyeeWe
| 1
£ ,z I
Range or
La fit Sate -C'O

Range
Year
1901

B id
A hIc Low
H igh Ao Low H ig h
N YCentA-j II R —( Continued)
Moli & M ai 1st gu g 4h. . 199 I M S ........112 V J07 V J Ty ’00
j 10% D ec’O
J
I ncomeOw.......... ...... I 992 Hop
99*4 X 10*4
J
N J «Juiic R gu 1st 4 s... 1986 F-A 105 V ....... 108 D e c ’O .... 108 J08
Registered ..................1986 F-A
104 V 105 V
N Y tC J9i 1st con gu g 4 h 1.993 A O n o e v ........ 105 V N o v ’Ol
N or i\ Mont 1stg u g 5h. 19 I 6 A-O . . . . . . . . . . . . . . . . . . . . . . . . . .
c
6 111 i j o v
W est Shore 1st 4s g u .. .2361 J-J 1 12 V 1J3 J 12 V 113
0 1 10 VJ J5 V
R egistered..................2361 J-J J12 V Hale 112V XI 2 V
Lake Shore consol 2d 7s. 1903 J D 107 V Halo 107 V 107 V 20 107 % J 13
R egistered................... 1903 .1 D 107 V ........ J07 V D e e ’01
107% J 11
4 107 V I U V
Gold 3V s ......................1997 J-D 108 V ....... J08*4 108*4
J 10 T V r’O
I
U
R egistered ... .......... 1997 .1.1)
117 117%
D ot Mon cfcTol 1st 7s. 1906 F-A *115*4........ 117% May’01
K a A So U R 1Stgu c 5s. 1938 J J
128 j ’no’iil
i 28 J28
Mahon QT R R 1st 5s.. 1934 J-J
J
146% 146%
P itts M c K & Y 181 gu 6s 19:12 J-J j 39 ........ 146*8 A p r ’O
2d gu ards....................J934 J - J 130
___
M c K e e s * B V lstg O s 1918 J-J 125 ........
2 io i % ioo%
101%
Mich Cent 1st consol 7s. 1902 M-N J O L T ........ ioi*4
1st consol 5s............... J902 M-N 100% ....... 100 V N o v ’Ol .... 100*4 103*4
6s................................. 1909 M-S 118% ........ 118% D eo ’01 .... 1 18% J 19
5s..................................1931 M-S 131% ........ 13 J A u g ’01 .... 127 131%
125 O c t ’01 .... 125 125
R egistered ................1931 Q-M
110 L e e ’ 01
,110 110
4s..................................1940 j - j
106 V N o v ’ O
O
R egistered ................1940 J -J
Bat C * Star 1st gu g 3s. 1989 J-D + . ... 93
115% M ay’O
O
N Y * Harlem g 3 V s . ..2000 M-N
.... ___________
R egistered...................2000 M-N
1 J21 122 V
N Y * N orth 1st g 5 s... 1927 A-O *120*4........ 121V 121V
R W * O con 1st e x t 5s. M 922 A-O 126V ........ 125*4 126 V 13 125*4129
Oswe * R 2d gu g 5s. ,.<jl915 F-A *113 ...... 113 A p r ’ 99
R W * O T R 1st gu g 5s. 1918 M-N
U t i c a * B lk R iv g u g 4s. 1922 J-J 108 V ........ l l O V N o v ’ Ol .... jio *4 i i o v
16 J06 109*8
N Y C h i c * St L 1st g 4s. 1937 A-O 107 V Hale 107*4 108
107 D e c ’01 .... 105 107
R egistered......................1937 A O
N Y * G reenw Lake See E rie
N Y * H a r See N Y C * Hud
N Y Lack * W See D L * W
N Y L E * W
See E rie
N Y * L o n g B r See Cent of N J
N Y * N E See N Y N H * H
100 D e c ’01
100 102
N Y N H * H ar 1st reg 4s.1903 J-D
Convert deb certs $1,000...... A-O 204 ........ 206 D e c ’01 .... 196 206
204 V Sale 204 V 204 V 10 195 203
Small certs $100............... .
Housatonic R con g 5s.. 1937 M-N 135 ........ 134% J’l y ’01 .... 134 136
N H * D erby con g 5s.. 1918 M-N
114 J a n ’ 00
N Y & N E 1st 7s......... 1905 J -J
1 108 110
8
1st 6s............................1905 J-J 1067 Sale 106% 106%
N Y * N orth See N Y C * H
N Y O * W r e f 1st g 4 s ..#1992 M-S 104 105 104V 105*4 32 101V 108
101V N o v ’ 98
R egis $5,000 on ly....... g 1992 M-S
N Y * P u t See N Y C * H
N Y * R B See L o n g Island
N Y S & W See E rie
1
N Y T e x & M See So Pac Co
110*4 H 2 V
N o r & South 1st g 5 s ........1941 M-N 111 ...... . 112*4 J’l y ’ 01
N o r f * W est gen g 6s...... 1931 M-N 134 ........ 134 D e c ’ 01 .... 132 136
Im provem ’t & ex t g 6s.. 1934 F-A 130 ........ 131 Oct ’01 .... 129 V 133 V
N e w R iv e r 1st g 6s...... 1932 A-O 132 ........ 131*4 O c t ’ 01 __ 131 134
103 260 99 V 104
N * W R y 1st con g 4s. 1996 A-O 102% Sale 102
103 N o v ’ Ol .... 103 103
R egistered...................1996 A-O
C C & T 1st gu g 5s........ 1922 J-J 106 ........ 107 V J ’l y ’ 01 .... 107 V 107 V
13 99 104
101V 102
Scio V * N E 1st g u g 4s 1989 M-N
N o rth Illin ois See Chi * N W
N orth Ohio See L E rie & W
Northern Pacific—
P rio r lien r y & 1 g r g 4s. 1997 Q-J 104*4 Sale 104*4 104V 56 103 106
104 J a n ’ 02 __ 103 V 105%
R egistered................... 1997 Q-J
74 Sale
73*4
74*4 241 69V 73%
General lien gold 3s___ a2047 Q-F
72
72
3 69
72%
R e g is te re d ..............,a2047 Q-F
C B * Q c o lltr 4s See Gt> N o r
St Paul-Dul D iv g 4s___ 1996 J-D * ........100
100*4 i o o v 18 99*4 102
R egistered...................1996 J-D
St P & N P gen g 6s___1923 F-A 130 ........ 130 V D e c ’ 01 __ 128 131V
132 J ’l y ’ 99
R egistered certific’s.,1923 Q-F
122V 122V
St Paul * D ul 1st 5s___1931 F-A 121 ........ 122 V F e b ’ 01
110%117
2d 5 s ............................1917 A-O 110 ........ 114 N o v ’Ol
100 100
1st consol gold 4s........1968 J-D 100 ........ 100 D e c ’01
94% D e c ’ 01 . . . _ 94% 94%
W ash Cent 1st g 4 s ........1948 Q-M
92V 96
115% 119
N o r P ac T e r Co 1st g 6s.. 1933 J-J 114*4........ 117 V Dec ’ 01
N o r R y Cal See So Pac
N o r W is See St P M * O
N o r * M ont See N Y Cent
J
In d & W See C C C & S
112 112V
112 V J’ne’01
hio R iv e r R R 1st g 5s J 936 J-D
95 D eo’00
General gold 5s.............. 1937 A-O 106 110
Ore & Cal See So P ac Co
Ore R y * N a v See U n Pac
Ore Short L in e See U n Pac
Oswego * Rome See N Y C
O C F * St P See C * N W
112
2 108 113
ac Coast Co 1st g 5s___ 1946 J-D 112 ........ 112
ac of M issouri See M o Pac
102 105
Panama 1st s fund g 4 V s.. 1917 A-O 103 104 103*4 D e c ’Oi
101 D e c ’00
Sink fund subsidy g 6s.. 1910 M-N
112
3 1.12 115*4
Penn Co gu 1st g 4 V s ...... 1921 J-J 112 Sale 112
R egistered...................... 1921 J-J 111 V Sale 111V 111V 12 110 V 114V
102 N o v ’98
Guar 3 Vs coll trust reg. 1937 M-S
Guar 3 Vs coll tr ser B ... 19 41
99 100V 99 Jan ’ 02
121*4 126%
123 D e c ’01
C St L * P 1st con g 5s. 1932 A-O
R egistered ...................1932 A-O
121 Oct ’ 00
Cl * P g e n g u g 4 Vs ser A . *42 J-J 120
Series B ....................... 1942 A O 121*4........
Series C 3 V s ................ 1948 M-N 104 ........
Series D 3 V s................1950 F-A 105 ........
E r i e * P itts g u g 3 Vs B.1940 J-J 102 ...... 102 N o v ’O
O
Series C ....................... 1940 J-J
N * C Bdge gen gu g 4 Vs 1945 J-J 110 ...
P 0 C * St L gu 4 Vs A ... 1940 A-O 115 V ........ 115 D e c ’01
114 118
5 113 117*4
S eries B gu a r.............. 1942 A-O 1 1 5 V ........ 115 V 115 V
Series C guar.............. 1942 M-N 115 ........ 116 V F e b ’01
110 V H 6 V
Series D 4s guar......... 1945 M-N
100*4 N o v ’Ol
106*4 106*.i
97 May’ 01
97
99%
Series E 3 V guar g ___1949 F-A
o 132 V 1 3 6 V
P itts F t W * C 1st 7s... 1912 J-J 130 Sale 130
130
2d 7s............................. 1912 J-J 130 ........ 132 V Dec ’01
132 V 136*4
3d 7s.......................... hl912 A-O * J29 ........ 130 A p r ’ 01 ... 128*4 136%
Penn R R 1st real est g4s. 1923 M-N 109 ........ 109 V N o v ’Ol ... 109 V 109 V
Consol sterling g 6s...... 1905 J-J

O

P

104*2108
102*4 107%
107 V. 110*4
109 V 109 V
101 106V
103 106*4
102*4 1 0 4 78
99 7 102*4
8
100 103*8

100*8 100*8
95
94
93 7
a
96

111

99
97 V
97 V
97
112*8

92*2 92V

M IS C E L L A N E O U S BO NDS—Continued on Next Page
Telegraph and Telephone
A m T elep * T e l coll tr 4s 1929 J J
Comm Cable Co 1st g 4 s ..2397 Q-J
Reg) stored..................... 2397
E rie T * T col tr g s f 5s.! 1926 f . i
M e t T * T Jst h f g 5s...... 1918 M-N
M ut Un Tel Co See Westn U /
»
N '/ * N J T el gen g 5s.. 1920 M-N
N o West n Tel eg See W est Un
W e s t Union col tr cor 5s. J938 J-J
10 am) real est g 4 V s ...1950 M-N
M u t Un T e l slum ) 6S...19J J M-N
N orth western T e l 7 s ....1904 J-J

Coal and Iron
Cali Coal Min See T O X * K
Clea ft' liit Cos 1 See N Y C * H
Col 0 * J *\z I i st eon g 6s. J902 F-A
Col C * f L e y Co gu g 5s. J909 J-J
^

Coal ami Iron
Col Fuel Co gen gold 6s... 1919
100 V M ay’01
100V100V Col F * I Co gen s f g 5s.. 1943
100V Oct ’00
De Bardel C * I See T C * 1
109 Oct ’ 99
G r R iv Coal * C 1st g 6 s .. 1919
114 114
114 N o v ’ Oi
J eff * Clear C * 1 1st g 5s. 1926
2d gold 5s.......................) 926
113*4 117
113*4 Oct ’ 01
Pleas V a l Coal 1st g s f 5s. 1928
R o c li* P i t C * J pur m 5s. 1946
112*4 Hale 112V 112*4 12 111 115% Sun Ck Coal 1st g s f 6 s.. .1912
108 .Sale 108
108*4 18 105 V109 V Tenn Coal T Div 1st gOs.a 19 17
5 111 116
Birm D iv 1st consol Os.. 1917
113*4 113*4
Cah C M Co 1st gu g 6s. 1922
B e Bar C * 1 Co gu g 6s. 1910
W h L E * P C Co 1st g 5s. 1919
10 j

X
>r,oe Friday; latest bid and asked this week,

Sep ’ 01
N o v ’OO

a Due Jan

M-N 105 V ........ 106*4 F e b ’01
106*4 106*4
106 ” 2 96*4 108
F-A * 105 V 106 106
A-O
J-D
J -1 >
J-J
M-N
J-D
A-O
J-J
J-D
F-A
J-J

106 V ........ 95% Jan ’97
104 ........ 107 M ay’97
80 M ay’97
. . . . . . . . . . . . 105 Oct ’00

................... ...................... — .................
. . . . . . . . . . . . . . .... . . . . . . . . . . . .
•••

107 V ........ 108
109 V ........ 109
105
103 ........ 103
32

D e c ’01
109
F e b ’00
103%
Jan ’00

M a n u fa ctu rin g * Indu strial
Airier B icycle s fde'bcn 5s 1919 M-S
50
67 V 60
A m Cot 0)1 ex t 4 V s ......... 19 J5 Q-F ........100 V 100
e Due May o J m o . j ’nr 11 Due J ’ ly # Du© N o v 8 Option sah

Jan ’ 02
Dee ’01

101

104 V

KM

110
112

100

104 V

d 105
m

55
9!)

82
102

BONDS
N . Y. S T U C K E X C H A N G E j
V KkK LMJLNU J AN. 10
V
|

J*r 1 ce
FYidau
J tin. 10
Hid

Cou cu iicn cy 6a t e g ...y 1905 Q-M
<*,,1.^.0 m ,U ctA
|
19 19 \f 5
CuJtaol gold 4S...............194.- vi •N
V 8
I
Cl ou Alar 1st mi t f 4Sjs..1935 Vl-N
F A
Gr U iv t u Lsi gug4SdS 1941 J - J
buu ^ Lew is 1st g 4ft... 1936 J-J
U N J UR S Cuu gen 4s. 1944 (V 3
a
It'i .
ok U u 1st g 6S....1921
2tl u*. i1 4 SiS.................. 51921
1
P e n aL i I'i ^ t1 1 At g 6s. 19*20
— ’
*
1st consul gold 5s........1939
Pi Huron D iv is l g 5». 1935)

10 0 1

112

131% 133*2 J a n ’ 01
101 Oct ’00
127 F e b ’ Oi
........ II334 Dec ’01
Ll 13« N o v ’ 01
L37

kern ye
Year

Hi g h JS'o I Luiv klLyh

. . . . . . .. . . . . 10*2 N o v ’9 7
L1*2,4 M ar’00
L07 ........
........ 112 J a n '01
Ill
luo ........
O
118*2 .. . . . . L17 May’ O

Q F *130
M-N
AO
VI-N n i l
A -O

P ills J unc 1st gold 6s...... 19*22 J - J

Week’s
lr
1 Kanye or
| Laet Sate ^ ^ j

A aA Luui

Pine Check le g guar 6s... L93'^ J -D
P it is Cm
bo L See Penn Co
P itts C iev M T o l 1st g 6s.. 19*2*2 A O

N o v ’97

••■•0«

107 *2 Oct ’98 « *••
121

........ 120

Oct *01

J-J •••••• ........
95
96
i
J-J * 95 H 96
J -J
•«•••• •••••••AO

112*2

133*4 133*2
...... ......
126 127
108 114*2
109 11534

••••••
120

P ills AlcKecs e c Y See Si 1 Ceu
s
J
P itts bli & L E 1st g 5s...194i A O 117 ........ 118*2 Sep ’ O
98 J ’l y ’97
0 *j
99 100 io i*4 o c t *oi
P itts fb W est 1st g 4s...... 1911 J-J
lo 1 *2 D e c ’ 01 .. ..
J l* At .6 CO c c llts .................
121 H M ar’ 01
Pitts Y *.C Ash 1st Cun os. 19*27 M-N
9 8 ‘d
98a 324
4
98% Hale
11 eaduig Co gen g 4s...... 1 • 1 J-J
92 A p r ’ 01
J *J
Rensselaer A Sar See D J 1
C 1
Rich
Dun See South Liy
1
Rich
Aleck See Southern
a
4
Kiu Ur W est 1st g 4s........1939 J-J 100h Sale 100*2 1003 48
96 D e c ’ 01 ....
Consol and col trust 4s .1949 A O ........ 95
97 J a n ’02 ••• •
95
97
U tah Ceut ls i gu g 4 s .a l9 1 . A O
Rio Gr J uuc 1st gu g 5s... 1939 J D 106 ........ 105 F e b ’Ul
84 N o v ’01
R io g r So 1st gold 4s........1940 J-J
SI
83
91 Jan ’02
J -J
Koch tte Pitts See B U & P
Rome Wat tte Og See N Y Cent
Rutland 1st con g 4 *->s....1941 J-J
Rut-Canad 1st gu g 4 ‘as. 1949 J-J •••••• •••••• 191*4 N o v ’01 __
O a lt Lake C 1st g S 1 6s.. 1913
St Jo c s Gr 1st 1st g 3 4 s ..1947
Y
St L a w
Adiron l s t g os. 1996
2d gold 6s....................... 1996
St L cfc Cairo See Mob A Ohio
St L
Iron Mount See M P
St L K C So N See Wabasli
Stf I . \f Rr
R k A of St I.
St L db S Fran 2d g 6s Cl B 1906
2d golil 6s Class C ......... 1906
General gold 6s..............1931

[V ol. L x x r v

Bond Record — Concluded— Page 4

86

15

120

11338118*2
99 101*4
98 101*2
121 121 *2
92 *2 100;}4
92
92

98*2 1033
4
93*4 96*4
90
90
105 105
80*2 85
92*2 94*4

io i* 4 io i* 4
89*2 98

5
M-N n o l i n * 111*2 111*2
110 D e c ’ 01
M-N
J-J 131^2........ 131*2 131*2 15
*
1. .1 1 Iti1
20
10
98
J-J
96u ........ 96
2
1(H) J a n ’0 ....
*2
A-O
J-J
97
97 hi 96 7
a
973 208
4
J-J
123 *2 D e c ’ 01
M-N
A-O
91*2 245
90^4 d i 1 91
4
AO

110 114*8
110 114*8
125 136L
11 * *2 1 19
2
91 *4 102
100*2 100*2
97*4 98*2

97*4 226
83
78

95*4 101*2
71
82*4

St L A : 3 F U K gold 4s.. 1996
Soiithw D iv l s t g 5 s ..1947
Refu ndin g g 4s...........1951
R e g is te re d .............. 1951
K C FiTs & M c o n g 6 s..ly2 3
K C F t S & M B y r e f g 4s 1936
R egistered.................. 1936
St Lotus So See Illin ois Cent
St L S W 1st g 4s bd Ctfs.1989 M-N
2d g 4s inc bond 0 tfs...p l9 8 9 J-J
G ray’ s P t T e r 1st gu g os 1947 J-D
St Paul & Dul See N o r Pacific
St Paul 51 & Man 2d 6s
1909 Y-O
1st consol gold 6s........... 1933 J-J
R egistered.................. 1933 J-J
Reduced to gold 4 *as.. 1933 J-J
R e g istered ...............1933 J-J
Dakota ex t gold 6s........1910 M-N
M ont ex t 1st gold 4s___ 1937 J-D
R egistered.................. 1937 J-D
E M m n 1st div 1st g 5s.. 1903 A-O
R egistered.................. 1908 A-O
N o r D iv 1st gold 4s___ 1948 A-O
194.3 A-O
R egistered __
M inn Union 1st g 6s___ 1922 J - j
M o n tC 1st gu g 6S........1937 J-J
R egistered.................. 193 < J-J
1st guar gold 5s......... 1937 J-J
R egistered ................1937 J-J
W illtfe S F 1st gold 5s..1933 J-D
Registered.................. 1933 J-D
St P & N o r Pac See N o r Pac
St P A S’x C ity SeeC St P 51 AO
S F e Pres & P li 1st g 5 s ... 1942 M-S
S A & A P See So Pac Co
S F < N P 1st sink t g 5s. 1919 J-J
fc
Sa v Ft f e W 1st gold 6 s .... 1934 A-O
1st gold 5s......................1934 A-O
St John’ s D iv 1st g 4s... 1934 J-J
A la M id 1st gu gold 5s.. 1928 M-N
Bruns & W 1st gu g 4s 1938 J -J
Sil Sp Oca & G gu g 4s.. 1913 J-J
Scioto Y a l & N E See N or & W
Seab & Roa 1st 5s............ 1926 J-J
Car Cent 1st con g 4 s... 1949 J-J
Slier Shr < So See 51 K & T
fc
Sil Sp Oca & G See Sav F & W
Sod Bay & So 1st g 5s...... 1924 J-J
So Car < Ga See Southern
fc
Southern Pacific Co—
2-5 year coil tr g 4%s___ 1905 J-D
Gold 4s (Cent Pac coll). AT949 J-D
R e g is te re d ................/cl 949 J-D
A & N W 1st gu g 5 s .... 1941 J-J
Cent Pac 1st re f gu g 4s 1949 F-A
R egistered .................. 1949 F-A
M ort guar gold 3 %s.. /cl 929 J-D
R eg istered .............A1929 J-D
Gal H ar < S A 1st g 6s..1910 F-A
&
2d gold 7s....................1905 J-D
H e x & Pac 1st g 5s___ 1931 M-N

97 Sale
77j4 Sale

963
4
77*8

11 6*r D e c ’ 01
140 D e c ’ 01
1373 F e b ’99
4
113x ........ 114*4 114*4
4
116*8 A pr ’01
116 ^
116*2 116*2
106 Sale 106
106
106 M ay’ 01
107 Sale 107
107

115*4 1187k
139 142

137^141

i‘6
2
128
13734........ 140
115
124
*124^8..

109

1245
8

........ 111

A n g ’ 01

1133 D e c ’ Ol
4
128*4........ 128 D e c ’ Ol
123 D e c ’ 99
•113*4
95 *4 N o v ’01
111 D e c ’ Ol
87 A u g ’01
91 Sale
89*2
91
113

103

10 113 116*2
116*8 116*8
1 116 120*2
12 102*2 107*8
106 106
8 106 110

A p r ’00
O c t ’ 01
A p r ’97
D e c ’ 01
125*2

123 *i 123*2
87
903
4

132

140

121

124

104

111

12

1 1 0 *2 ll3 3
4
128 128
94
95*4
106*2111
87
87
32 91*4 91®s

1043 F e b ’98
4

........ 100

99*2 Sale
935 Sale
q
103*2 104

D e c ’ Ol

100

100

99
99*2 34 95*8 101*2
95*2
93*2
9378 144 83
89
89
89 Oct ’ 01
111 J ’ne’ 01
96 111
72 100 103*4
103*4 104
99 7 J* no’ 00
q
87*4
87 3 81 83*4 89*2
4

873 Sale
4
........ S7
111*2........ 111 Oct ’01
106 107*4 106 D e c ’ Ol
107 ........ 107 *2 Oct ’ 01

108*2 113*2
106 1073
4
IlOO 107*2

M IS C E L L A N E O U S

BONUS
N , Y. S T O C K E X C H A N G E
W e e k K n d in u j a n . 10

Price
Friday
Jan. 1 0

HVWiT
kanye or
Last sale

M
i
T 7

kam je
Year
ly o i

Hid
As A Jartv
H igh A u Low J iiy h
Southern Pac Co—( Coiiciuueil )\
106 D e c ’Ol
105 108
Gila \r G A N 1st gu g 5s. 19211
M-N 107 l l o
106 106*2
Hulls E A \Y' T 1st g 5s. 19331M- N 104 ........ 106*2 N o v ’O f
) 1)3
(tt 110*2 24 110 113*2
H & T C 1st g 5s int g u .. 1937 j .J - J 110*2 Sale 116 >
110 112
Consol g 6s int guar... 1912 A O 111 *2........ l 12 D e c ’Ol
93:ij ....... 93*4 • 933j
5 86*4 95
Gen gold 4s int guar.. 1921
|A-O
W aco tfe N W div 1st g 6s '3d M-N 125 127*2 126 D e c ’ Ol .. . . 126 126
4 136 137*2
137
M organ’ s La A i 1st 7s. 1918 A-O 137 139 137
16 123 125
1st gold 6s.................. 1920 J-J 123 *2 Sale 123*2 123 ‘2
N YTA-, M uv **-ii H i lf^ |‘ l l ‘> a - o
1-.1 106 *2........
GuaranU ed gold 5s___1938 A O 117 ........ 113 Jan ’ ()) .... 113 113
4
105 *2 107
Ore tfe Cal 1st guar g 5s. 1927 J-J J0 13 ........ 105 *2 N o v ’ Oi
01 v V ' h 91 4
b7 *2 Hale
87 *2
87
B A ili A Pass 1st gu g4s. 1943 J J
110*2 114 *2
So P of A r gu 1st g tis C1909-10 .J J 1 10 *2........ 113 D e c '01
4
S P of Cal 1st g 6s...... 1905 A-O 1o 73 ........ 107 T D ec’ Ol .... 107 111*2
106% 108 *4
\-o iOSHj........ 108 D ec’Ol
1st g 6s series C < D.1906 Y-O 110*8........ 109 Dec ’U1 ,. .. 108 109
fc
mm
1st g 6s series E A F . 1912 A-O . . . . . . . . . . . . ........ ........... .... •m m m
4
1st gold 6s............... 1912 A-O 1193 ........ 120 F eb ’ Oi .... 119 120
O
110
107 N o v ’O
MN
•
Stam ped...... 1905-1937 M N 109*2110 109 °8 109 *> lb 106 *2 i i i
114 *4 Oct 01 .... 111) 114*4
S Pac of N Mex 1st g 6s.. 191 1 J-J _____ >m
S P Coast 1st gu g 4 s ___ 1937 J-J
T e x < N O 1st 7s...........1905 F-A . . . . . . . . . . . . 1 10 A p r ’01 .... 110 110%
fc
Sa.hine Div 1nt & lift
11)10 M-S *112*2........ 106m N ov '9;
Con golil 5s.................1943 J-J 106 ...... . 108*2 J ’l y ’ 01 .... 103% 111 *0
4
Southern—1st con g 5s___ 1994 J-J 1203 Sale 120*4 121 *2 7b 11 1% 124 *2
l2 0 ‘j
Registered.................. 1994 J-J . . . . . . . . . . . . 122 Jan ’ 02 .... l i b
97
98
97 7
8 3 95
97 *2
Mobifc Ohio coll tr g 4 s .. 1938 M-S * 97
\ -R
l
Mem D iv 1st g 4*2-53... 1996 J-J il2 * a ...... 112 Sep ’ 01 .... 105) 112
15 5)6 101
100
St Louis div 1st g 4a___195] J-J . . . . . . . . . . . . 100
A la Ceil R 1st g 6s
_ 1918 J - J J 17 *4........ 120 M ai ’01 .... 120 120
5 93
95
95
97
94
A tl Jc Danv 1st g 4s...... 1948 J-J * 93
m m
A tlt& Yad 1st g guar 4s. 1949 A-O •••••• •••••• . . . . . . . . . . . . . . .... . . . . . . m ••m
Col & G reenv 1st 6s...... 1916 J-J 1 19 *2........ 121 J ’ne’Ol .... 119% 121
E T Y a & Ga D iv g 5 s ..1930 J-J 117 ........ 119 N o v ’01 — 117 *2 120 %
120*2 4 b 117 121
Con 1st gold 5s...........1956 M-N 1-0*2 Sale 120
8
E 'Pen reor lien g 5s
1938 M-S *115 ........ 114 N o v ’01 .... 1U 7 116*2
•••••• . . . . . . . . . . . . . . —
R egistered................. 1938 M-S
8
Ga Pac Ry 1st g 6s........15)22 J-J 124*2........ 128 *8 Dec 01 — 124*2 128 <
3 124*0 129
12o J
4 125a
4
Knox
Ohio 1st g 6s
19M J-J 125
5
Rich A Dan con g 6s___1915 J-J 120 121*2 123*2 Dec ’ () 1 .... 121 124*2
1
Vf-Q
11 1 '-i A’ly ’0 /
)
ill
D e c ’ Ol . . . . 109 111*2
Deb 5s stamped...........1927 A-O 112
Ricli A Meek 1st g 4s... 1948 M-N ...... - ........ 83 D e c ‘00 —
109*4 17 106 1U)
So Car A (? a 1st g 5s . .1919 M-N 109 *8 Sale 109
V irgin ia M id se r 1) 4-5S.1921 M-S 122*4........ 102 Oct ’ 95) —
Series E o s .................. 1926 M-S 11 5 *2........ 114 Sep ’01 .... 114 114
General 5s.................. 193(5 M-N 116*2 . . . . . . 117 Oct ’() i — 113 117
116*2 D e c ’ Ol .... 115 116*2
Guar stamped......... 1936 M-N
W n Xr w 1* t, n.v »rn A< ^0
4
a
9/1 F. A * 97
5 1 *2 sep 'oo
)
W est N C 1st con g 6s.. 1914 J-J 117*2........ 120 *2 D ec’ Ol .. .. 116 120%
S A N A la See L A N
117 J ’l y ’O
O
Spok Falls A N or 1st g 6s. 1939 J-J
J-D
Sunb A L ew See Penn R R
Syra B m g A N Y See D L A W
r Peb o A N See M X A T
114*2Nov 01 .. .. 113*2116
1 er A of St L 1st g 4*2S..1939 A-O
1st con gold 5s...... 1894 1944 F-A n o
........ 116 D e c ’ Ol — 115 116*2
St L M B ge T e r gu g os. 1930 A-O *112 ........ 114 N o v ’ 01 — 113 115
rPex A N () See So Pac Co
104 F e b ’ Oi .. . . 104 104
T e x A Pac E D iv 1st g 6s .. 1905 M-S
4
1st gold 5s..................... 2000 J-D 119*2 Sale 119 *2 1193 40 115 *8120-1
993 15 90 100
4
2d gold inc o s __ ____ ^2000 Mar * 93 ........ 98
111 J’ne’ Oi .... 110*2111
L a D iv B L 1st g 5s___.1931 J-J
115 N o v ’ 01 .... 113 117*2
Tnl A O C 1st g 5s
1935 J-J
112% N o v ’ 01
112*2 115*4
W estern D iv 1st g 5
-S 1935 A-O
107 N o v ’ 01 — 103 108 *2
General gold 5s..............1935 J-D
99 %
98 *2 2 95
4
Kan A M 1st gu g 4s___ 1990 A-O ........ 983 98*2
95
91 *4 Sale
91 *2 4 86
91*8
T o l P A W 1st gold 4 s ....1017 J-J
93
903 51 88
4
90*2 91
903
4
Tol St L A W prlien g 3 *23T 925 J-J
85%
83*4 Sale
83 *2 54 73
83*4
50-year gold 4s..............1950 A-O
1 98 100
97 K
97*2
98 101
Tor Ham A P»utlTst g 4s. h 1946 J-D
106 *2 109*4
J T lsterA Del 1st c o n g 5s 1928 J-1) 109*4........ 109*4 D e c ’ Ol
L64 103 *2 107 %
U n Pac R R A 1 g r g 4s.. 1947 J-J 104 *2 Sale 104*2 105
1 103*2 106%
105
105
R egistered.................. 1947 J-J
1067 2599 103 129
g
1st lien convert 4s........1911 M-N 106*8 Sale 106
"Registered
.
1911 M-N
109 Jan ’ 02 .. . . 110 i l2 %
Ore R y A N a v 1st s f g 6s 1909 J-J
103 167 101 *2 105 U
Ore R y A N a v con g 4s. 1946 J-D i*02 *2 Sale 102
Ore Short Line ls t g 6 s .. 1922 F-A 129 ........ 129 *2 Jan 02 — 125 130
21 115 121
1st consol g os............ 1946 J-J 115*2........ 117*2 118
N on -cu m in cA 5s___ /tl946 Sep 104 ........ 103*2 Oct ’ 01 .... 103*2 106
117*2 J’ne’ Ol .... 117 119
Utah A N or 1st 7s........15)08 J-J
113 113
113 M ar’ O
J
Gold 5s........................ 1926 J-J
Uni N J R R A C Co See Pa R R
Utah Central See Rio G r W es
Utah A N orth See U n Pacilic
Utica A Black R See N Y Cent
\J er V a l Ind A W See Mo P
V irgin ia M id See South R v
51 117 120%
119
\ \ l abash 1st gold 5s...... 1939 M-N 1185 Sale ilS %
s
1143 34 107*2115
4
YV
2d gold 5s............... 1939 F-A 114 114*2 114
99 ........ 100 D e c ’ Ol .. . . 96% 102 *2
Debenture series A ...... 1939 J-J
70
69 7 373 40
S t>
67 *2 Sale
67*2
Series B .......................1939 J-J
Det A Ch E x t 1st g 5s.. 1941 J-J 109*2........ 111 Oct ’01 .. . . 110 111
98 *2
97 D e c ’ Ol .. .. 95
Des Moin D iv 1st g 4s.. 1939 J-J ........ 96
St Clias B ridge 1st g 6s. 1908 A-O 111 ........ 110*2Dec’ 01 .. .. 110 112
W arren See Del Lac A W est
Wash Cent See N o r Pac
W ash 0 A W See Southern
2 119 122
W e s t N Y A Pa l s t g 5s.. 1937 J-J 119*4 120 119*2 120
Gen gold 3-4s.................1943 A-O
99*2 100*2 100 D e c ’ Ol .. .. 5)5 100 *2
40
30 ........ 40 M a r’01 .... 31
Income 5s....................</1943 N ov
W est N o Car See South R y
W est Shore See N Y Cent
W V a C e n t A P l s t g 6s.. 1911 J-J I l l
........ 113*2 M ar’ Ol .... 113 *2 l l o *2
W heel’ g A L E 1st g 5 s... 1926 A-O 115 ........ 112 Oct ’ 01 .... 112 117%
W heel D iv 1st gold 5s.. 1928 J-J 112 ........ 113 M ay’ 01 .. .. 111 *4 1 16%
Exten A Imp gold o s ...1936 F-A 113 ........ 113 D e c ’Ol .... 112 113
94
6b 89
93
92 Sale
1st con sol 4s.................. 1949 M-S
y i-a
W ilkes A East See Erie
W il A Sioux F See St P M A M
Winona A St P See C A N W
89*8 Go S5% 92%
89 Sale
88 %
W is Cent 50-yr 1 st gen 4s. 1949 J-J
B O N D S —C o n clu d ed .

M is c e lla n e o u s
A d a m s E x col t r g 4 s ........1948 M-S
A m H id e & L 1st s £ g 6 s ..1919 M-S
97
98
98
97
98*2 44 90
A m D k & Im p 5s S e e C en t N J
A m S p irits M f g 1st g 6 s ..1915 M-S
85
80
82
31 75
81 Sale
B k in P e r ry Co 1st con g* 5s 1948 F -A
A m Th rea d 1st col tr 4 s ... 1919 J-J
90
B k ln W A W H 1st 5s tr o tfs ..
B ar & S Car Co 1st g 6s .. . 1942 J -J
105 J a n ’00
Consol T o b a cco 50-yr g 4s. 19 51 F - A
65% Sale
65*2
66*2 871 62*4 67% C h ic .) c & S t Y a rd col g 5s. 1915 J-J
H ack W a t R eo r 1st g 5s.. 1926 J -J
D is t illin g o f A m e r ic a co lla te ra l
H o b ok en L < I go ld 5 s ... 1910 M-N
fc
tru st gold 5s................. 1911 J -J
86
86
83
86
28 82
M ad Sq G arden 1st g 5 s ..1919 M-N
99% A p r ’ 01
90
90 100
G ra iu ercy S u g 1st go ld 6s. 1923 A-O
M a n Boh l l & L gen g 4s.. 1940 M-N
111 S te el Co deb 5s..............1910 J -J
99 J a n ’ 99
N o u -eo n v deben 5s........ 1913 A-O 100*4
100*2 J ’n e’01
100 100*2 N e w p N e S hip A D 1) 5s <$1990 J -J
N Y D ock 50-yr 1st g 4 s ..1951 F -A
I n t P a p er Co 1st con g 6s. 1918 F-A 111 112
11 105 112
111*2 112
N Y & O ut Land 1st g 6s.. 1910 F A
K n ic k e r b o c k e r I c e (C liio a g
R R Seem* Co 50-yr g 3 %s. 195 I J-J
98
A-O
93 A u g ’ OO
1st gold 5s....................19'.
St Joseph Stk Yds 1st 4*28.1930 J-J
6 105 n o
N a t Starch M tg Co 1st g 6s 19*20 M-N 106% Sale 106% 107
S t L T e r Cupples s t a t ’ n A Prop
92 N o v ’O 1
85
91
N a t Starch Co s f deb 5 s.. 1925 J -J *
96
Co ls t.g 4*23 5 *20 y e a r .. 191. J-D
72
8 47
57
59
58
58
S tan R ope & T 1st g 6s .. . 1946 F-A
5% 12 ! S Yu ba W at Oo eon g 6s.. 19*23 J-J
In co m e gold 5a............... 1946
7
8
7
7*2 81
112% D e c ’Ol — 112*4 115*2 »Sp V at W a t W ork s 1st 6s. 1906 M S
U S Leatli Co s l deb g 6 s .. 1913 M-N 112*2
N o p rice F rid a y ; la test bid and asked, a D u e Jan 0 D ue Feb d D u e A p r g D u e J ’ no A D u e J ’ly k Due A u g n Due

Manufacturing ct Industrial

105

29

105

105%

A|193

85
76
........ 111

J a n ’02
Deo *01
A lai ’01

1 S3
; 68
111

Sale

94% Sale
io i

%
.

19
94....... O T *
90 Got 09
91% D eo ’0 1

109
91%
78
111

93% 04%
0 1 % 01%

!!!!!'

lOt
FobdL
........ .......... l 18% J ’ lv ‘On ...J
Sep p Due N o v q Duo Deo

%%%
%%
O ption » * ! •

T H ti

J a n u a r y 11, 1902. j

Volume of Business at Stock Exchanges
T R A N S A C T IO N S A T T I I I C N E W Y O R K STOCK
D A I L Y . W K K K L Y A N D Y L A 11L Y
Slocks

Week ending
Jan 10
1002

EXCHANGE

State
R a ilro a d < c
C
Bonds
■ Bonds

Bar value

Shares

V 8
Honda

$4 1,184,100
81,398,450
83.263.400
82.020,350
66,907,750
53.091.400

$2,026,000
3.752.000
3.789.500
4.006.000
3.695.500
2,830,600

$3’ 000
4,000

” i ‘ 6b"6

4,345,021 $ 108,405.450

$20,099,500

7,000

$4,000

426,131
877,531
902.784
869.012
694,927
574,630

Saturday ...........
M o n d a y .............
T u e s d a y ............
W e d n e s d a y ......
T h u rsd ay...........
F r id a y ..... .........
T o t a l...............
Sales at
New Yorlc Stock
Exchange

1902

1901

1902

8,759,314
4,345,021
Stocks—N o. shares
P a r va lu e ........ $408,465,450 $826,062,400
$35,300
Bank shares, par..
BONDS

$3,000

Ja n u a ry 1 to Ja n 10

Week end ing Ja n 10

1901

13,761,990
6,435,046
$599,089,850 $1,800,229,650
$49,550

Total bonds

$4,000
7,000
20.099,500

$5*5,800
135,000
21,829,500

$39,500
7,000
28,908.000

$196,450
180,000
32,450.500

$20,110,500

G overn m en t bonds
State bonds...........
R R . and mis. bonds

$22,020,300

$28,954,500

$32,826,950

D A I L Y T R A N S A C T IO N S A T T H E B O STO N A N D P H I L A D E L P H IA
EXCHANGES
Week ending
Ja n 10
1902
S a tu rd a y .......
M o n d a y ........
T u e s d a y ........
W ednesday. .
T h u rsd ay.......
F r id a y ..........

P h ila d e lp h ia

Boston
Listed
shares

Unlisted
shares

B on d
sales

Listed
shares

Unlisted
shares

B on d
sales

$261,300
237,600
319,680
149,910
244,190
114,200

23,566
68,318
80,766
63,897
48,503
59,218

621
4,564
1,650
991
1,361
2,863

$116,500
125,150
211,500
137,800
111,050
212,600

64,548 $1,326,880

344,268

12,050

$914,600

4,807
9,284
15,633
12,213
15,890
6,721

17,711
31,670
23,196
21,151
18,432
18,655

T o ta l.......... 130,815

Outside Securities
F o r W eekly Beview of Outside M a rk e t See 7th P a g e P reced ing.

Street R a ilw a y s

A sk
B id
NEW YORK CITY
37
35
B leeck St & Fu l F stk 100
99 101
ls t m o r t 4 8 1950---- J-J
B ’ w a y & 7th A v e stk. 100 248 251
ls t m o r t 5s 1904...J-D 101 *4 102
2d m ort 5s 1914.......J-J 108 110
Con 58 1943 See Stock E xch list
B ’ w a y Surf 1st 5s gu 1924 §114 116
103
2d 5s in t as ren tal 1905 n o i
Cent’ l Cross tow n stk. 100 255
1st M 6s 1922.......M -N §120 125
, Cen P k N & E R iv stk 100 208 219
Consol 78 1902.......J-D 101 104
C hrist’r & 10th St stk 100 185 192
Qol& 9th A v e 5s See Stock E xch list
D ry D E B & B at stk 100 120 130
1st gold 5s 1932...J-D 114 116
Scrip 5s 1914........ F -A 104 105
E igh th A v e n u e stock 100 400 410
Scrip 6s 1914........ F -A 105 109
42 d& G r St F e r r y stk 100 395 405
75
42d St M & St N A v e 100
55
ls t m o r t 6s 1910...M -S 112 114
2d incom e 6s 1915..J-J
99 101
L e x A v & P a v F 5s See St k E x c list
N in th A v e n u e stock. 100 196 205
Second A v e n u e stocklOO 217 220
ls t m o r t 5s 1909..M -N §105V 107
Consol 5s 1948...... F -A §118 119
Sixth A v e n u e sto c k ..100 175
Sou B ou lev 5s 1945..J-J §110 112
So F e r 1st 5s 1919...A -O §108
110
T h ird A v e n u e See Stock Excli list
T a r r y W P & M 5s 1928 104
107
Y k e rs S tR R 5s 1946A-0 109 H HOi
113
28th & 29th Sts 1st 5s ’ 96 111
T w en ty -T h ird St stk. 100 408 415
D eb 0 8 1906...........J-J
103 106
Union K y 1st 5s 1942 F -A 116 117
W estchest 1st 5s 1943 J-J 107
no
BROOKLYN

A tla n A v e 5s 1909..A-O
Con 5s g 1931..
..A-O
Im p t 5s See Stock E x c
B B & W E 5s 1933..A-O
B rooklyn C ity s to c k ...10
Con 5s See Stock E xcli
B kln Crosstn 5s 1908.J-J
Bkn H g t s ls t o s 1941 A-O
B kln Q Co & Su b See Stk
B klyn R ap T ran See Stk
Coney Is la n d s B klyn 100
1st 5s 1903............... 1
5s e rtf s i nd bt 1903.. J -J
B rk C<fc N 5s 1939.J-J
G r St<fcNew 1 s t5 s ’ 06 F-A
G r’ pt <fcLorimer St 1st 6s
K in g s Co. E leva ted —
1st 4s 1949 See Stock
Nassau E lec p re f.......100
5s 1944................... A-O
1st 4s 1951............... J-J
N e w W b ’ g < FI 1st ex 4 Vs
fc
S tein w ay 1st 6s 1922.J

§105
114
fi list

107
115

102

244
list
105
105
Excli
Exch
325

107

Street R a ilw a y s.
Grand Rapids R y ___ 100
P r e fe r r e d ................ 100
Indianapolis St R y See
J C H ob & P a terso n ..100
4s g N o v i 1949...M -N
L a k e St (C hic) E l s t k .100
D eb 5s 1928.............J-J
L ou isv St R y 5s 1930 J& J
L y n n & Bos 1st os ’ 24. J-D
M in neap St R y 5s See Stk
N e w Orleans C ity R y 100
P r e fe r r e d ................100
N o rth Chic Str stock 100
1st 5s 1906-16 . . J-J
N o rth J ersey St stocklOO
4s 1948 ..................M -N
P a t R y con 6s 1931.. J-D
2d 6s 1914.............. A-O
R ochester R y (n e w ). 100
P r e fe r r e d ................ 100
Con 5s 1930........... A-O
2d 5s 1933.............. J-D
So Side E l (C hic) stk. 100
Syracuse Rap T r 5s 1946
U n it R y s (S t L T ra n s) 100
P r e fe r r e d ................ 100
Gen 4s 1934.............J-J
W e s t Chicago S t........ 100
C o n g 58 1936.......M -N

B id
A sk
30
32
88
81 V
P h iia list
18
17
§ 80
81
103
4
102 7 103
8
§118 119
§112 113V
Exch list
30
29
102
105
30
81
§129
§104
42V
94
112
100
107
99
33*8
86 V
§ 89 V
90 V
§ 99 V

31
81 V
44
95
113V
104
107V
101V
34 V
87
90
99 V

G a s Securities
NEW YORK
Cent U nion Gas 1st 5 s...
Con Gas (N Y ) stock N Y
Eq uit Gas con 5s 1932 See
M u tu al G as................100
N e w Am sterdam Gas—
1st consol 5s 1948..J-J
N Y E le c L t Heat<fc P o w e r
Gold 5s See N Y Stock
N Y & E ast R iv e r Gas—
1st 5s 1944.............. J-J
Consol 5s 1945........ J-J
N o r Un 1st os 1927.M -N
Standard Gas com ___ 100
P r e fe r r e d ................100
1st 5s 1930........... M -N

§ 109 V i l l 1
Stock E xc
Stk E x list
295 305
109V 109%
Exch list
113
108
107
J30
150
§116

11,5
112
109
135
155
117

OTHER CITIES

A m e r L ig h t 6 0 T r a c t. 100
26
27
89
P r e fe r r e d ................ 100
91
B altim ore Consolidat See Balt list
101
Bay State G a s .............50
%
%
100
B ingham ton Gas—
113
§ 93
96
5s 1038.................
104
Boston United Gas bonds Bosto n lis!
8
10
106 109
Buffalo C ity Gas stocklOO
79
1st 5s bonds.................
80
Exch list
Cl 1 cago Gas See N Y S 1i< Exch list
i
85
83
Cincinnati Gas & E le c l 00
09% 99 V
112
Col Gas L & H ea t com 100
>
114
91
95
97
99
P r e fe r r e d ................ 100 100 V 101V
108
106
1st 5s 1932.............. J-J §107 109
12
§116
14
117 H Consol Gas (N J ) s t k .100
1st 5s 1936............... J-J
77
80
OTHER CITIES
Con sum Gas (J C ity )—
Buffalo Street R y —
1st 6s 1904........... M -N § 103 104
1St consol 5s 1931.. F-A §116 V i 18
D etroit C ity G as..........50 . . . . . . 73
Deb 6s 1917........... A.O § 105 107
D etroit Gas See N Y Stk ExCh list
Chicago C ity H R s tk . J00 187
Essex &, Hudson GaslOO
31
188
35
Chic Union T r a c co m .J00
10'
F o r t W ayne ( Jnd) —
11
P r e fe r r e d ................] 00
51
48
47V
Lie reland C ity k y ___ j oo
23
112 G a s& E le c B ergen Co 100
30
Clove C ity Jst5s 1909.J-J
Grand Rapids Gas—
Cleveland E lectr K yJO O
1st os 1915.............F-A §105 107
75 *78
Con 5s 1913............ M-S
H artford (C t) Gas L ...2 5 1 48
50
Columbus (O ) 8 t R y .. 100 *48
23
* 50* H imI koii (Jo G as..........100
20
Prefe/ r e d ................i oo 102 V
/ 5h g 1949........................ 100 101 v
C oiam >' f ■ • ■ See id ila Jist
,
Indiana N a t do HI Gas—
Crosst'w/i Js t 5 s '33.J D §110
1st 6s 1908........... M -N
50
113
54
B uyer pays accrued interest.
1 P ric e per share.
\ Bale price
list
list
400
103
J03

87

C H R O N IC L E
GlIH
JH d
A8k
do
60
1ndla napolirt G um stock 50
99 L I 00 H
1st 6s 1920
70
75
JacltSOT) <las C o ........ 50
i 03
os g 1937.................A o §101
20
K an Has C ity G as........I oo
30
§ 100
102
is 1022
Laclede (la s See N Y S l k Excli
54:
LafRy’ eGas 1M 0s’24..\l N
l
60
60
I Atgtifc Will) V Jst 6s’25.J -1> 54
MadisoiR Win) G as—
1st 6s 1926............. A-O § 107 V 109 V
N ew ark Gas Os J944.Q J §140 V 14 1 %
58
56
Ne war k Consol Gan . 100
5s 194H See Block E x cli list
N < W Ei l g G J < ( J See I ) i/slon 1 st
‘
i.S &
IS
22
(3 do I ml (Jon NatJfc 1 1 100
1
50
46
1st 6h 1926............. J-D
Providence G as............50 I 95
97 V
<
97
Bt Joseph GasiftH 1937. J J
9 1V
St PanlGas Cen 5s ’44M - b : 88
20
16
Syracuse Gas stock.. 100
95
90
1st 5s 194 6...............J-J
W estern Gas—
-5s See St’ k E xcli list

I m i i i H i r i u l 1 ml
1

M I mc H

( Him l ean gay <)n -U I d 1'
r-/
( Uiert A, O G i‘u 1 I .1 in*
n
j
..........................................................................

Bid
Jft

Auk
20

( iJici-mbroilg li M I g ( Jo ) On 4 U)
ld-> '
Clnllln ( 11 B) I at j»rel 100| 100 ........
2(1 p re ferred ...........100!
Coin w on
LOO J00
Col A i I nek ( '0:11 I pf 100
A
60
65
1st g 5.8 1917............1 J
86
93
( Jo..
( 'empre.HMeiI A i r Co . . 100
H V J1
i nfi
50
( ionsol id Car HealIiing J00
55
Consol FiiH'W’ ks com J00
10
20
P r e f e r r e d ...... ........100
60
60
Consol Rubber ' l‘j ro•.. 100
Coils Tobnceo 4 e See Stk Exch list
>
( Jonli lien l a l I’obne, del) : 10 1 107
( Jorbi n <’n bine! J
.100 250 300
J07
( Jorbiu ( P
c . <:<
/ 75
Cram ps’ Sli <L Eu Bi dgl 00
78
Cruci bl e S t e e l ........... 1< 0
3
23 V 24
PreI e r r e d ................] on
86
Diamond M atch Co Set E x c li list
83 V 84
Dom in ion Securit ies.l 00
25
24
E lectric Boat............. 100
T e l e g r A : T e le p h o n e
45
50
P r e fe r r e d .................100
2
if
E lect n o V eh icle........ J00
A m er 1lis t T e le g (N Y ) See Stk Ex
4
5
1 i
P r e fe r r e d ................i 00
Dell Teleph of Buffalo i 00 104
80
Empi rd State S u g a r ..100
108
Central & So A m e r ... 100 105
64
67
Cites
Poto T e le p h .. 100
1st 6s 1 9 15............. J-J
95 V
6
7
E m pire S te e l............. 100
5s 1909-29................ J-J 105'%
47
50
P r e fe r r e d ................ 100
184
Com m ercial (lab 1 ___ 100 175
e
1%
G eneral C a rria ge...... 100
Cominer U n T e l (N Y ).2 5 115
IV
60
70
78
G eneral C hem ical___ 100
84
Emp & Bay State T e l 100
98 V 100
oston list
P r e fe r r e d ................ 100
E rie T e le g & T e lep See B
Gorham M lg Co com. 100 115
47
55
F r a n k lin ..................... 100
P r e fe r r e d ................ 10U 120
123
Gold & Stock............. 100 120
48
H ackensackM ea< lows 100
48 V
4 H 1905................
as,
H avan a C om m ercial. 100
105
11V 14
Hudson R iv e r Telep h 100 100
52
48
P r e fe r r e d ................ 100
M exican 'Telephone See Bosto n list
53
1
1
7
N e w E n g Telephone See Bos to 1 list 1 kr-J on es-J e w ’ 1M i l l . p1 1
96
1st 6s 1922............. M-S
N ortliw estern T e le g . ..50 122 126
m
2
H errin g- Hall- M a rvin 100
N Yr & N J Telephone 100 £169 172
35
45
1st p re fe rre d ........... 100
5s 1920................... M -N 111 114
5
10
78
2d p re ferred ............100
83
Pacific & A tla n tic ...... 25
H oboken Land < ImplOi/ 1 10
&
P roviden ce T e lep h on e.50 1 98%
5s 1 9 1 0 .................. M-N 106
Southern & A tla n tic .. 2 5 100 103
20
26
5
7
In tern a tio n a l Salt certfs.
T e l T e l & Cable of A m . 15 t
I n tern at’ 1S il v e r See SU1 Exch iist
c
E le c t r ic C o m p a n ies
100
96
6s 1948..................... J-D
3
A lle g h e n y Co L i g ’t ColOO
Iron Steam b o a t..........25 ........
155
C hicago Edison C o ...100 i e o ” 170*' John B Stetson com .. 100 335
L4.0
P r e fe r r e d .................100 130
Edison El 1 1 Co B rk N Y Stock Exch
1
E iectro-Pneu m ’ic T ran lO t
10 V 11
IV
I V Banston M o n o typ e___ 20
G eneral E lectric Co N Y Stock Excli L a w y ers M o rt m sur.100 225 235
95
L a w y ers’ S u rety ...... 100
H artford (C t) E le c L tlO O 196 200
183
K in gs C o E le c L & P C o lO O 179
L a w y e rs ’ T it le In s ... 100 325 340
L o n lla rd ( P ) p r e f...... 100 120
N arragan (P r o v ) E l Co 50 t 92V
10
33
36
N Y & Q E l L & P o w C olO O
Madison Sq G a rd en ..100
55
65
70
72
P r e fe r r e d ................100
2d 6s 19T9.............M -N
9
8V
M e x N a t O onsiruc.pf 100
R h o ls l E le c P ro tec ColOO 125
13
M onongahela R C o a l..50
13Ha
Storey G eneral E le c . . 10
P r e fe r r e d ...................50
14
16
43 x
4
U nited E le c tric o f N J 100
66
M o n t & B oston C o p p er.5
68
4s 1929..
100
U n it E le c L t & P o C o ..50 See Ba It list M osier Safe C o..........100
20
19
N ational C arbon........ 100
F e r r y C o m p a n ies
84
83
P r e fe r r e d ................ 100
32 H 33
a
B rooklyn F e r r y stocklOO
N a t E n am ’ g & Stamp 100
19V 20
85
82
P r e fe r r e d .................100
N Y & B 1st 6s 1911. J-J 113 115
N ation a l Salt See N Y Stk Exch list
Con 5s 1948 See Stock Exch list
155
M etropolitan F e r r y 5 s ... 108 110
N a tion a l S u re ty ........ 100 140
40
33
N Y & E R F e r r y sfck. 100
N e w C entral C oal........ 20
68V
80
95
1st 5s 1922............M -N § 94
N Y Loan & Im p ...... 100
116
76
N Y & H oboken stk. 100
N Y B iscu it 6s 1911.M-S 114
78
H ob F y 1st 5s 1946 M -N §112 V 114
N Y D ock Co
See Stock E x ch list
Con 5s 1946........ ..J-D § 90V 91V
P r e fe r r e d
See Stock E x ch list
1st 4s 1951
See Stock E x ch list
N e w Y ork & N e w J ersey
4
11 H 121
>
N Y E l V T r ($20 p d )l0 0
1st 5s 1946...............J-J 105V 107
75
80
N Y R e a lty C orp.......100 145 165
10th & 23d Sts F e r r y 100
1st m ort 5s 1 9 1 9 ...J-D §105
108
N icholson F ile C o ....100 1*26 H 132
z
43
44
Ontario S ilv e r ............100
U nion F e r r y stock. .. 100
32
30
1st 58 1920............. M -N § 97
98
Otis E le v a to r c o m .... 100
93
92
P r e fe r r e d ................ 100
R a ilr o a d
P ittsb u rg B r e w in g ___ 50 t 25
25 H
i
Chic Peo & St L p ref. 100
P r e fe r r e d ...................50 t 44\i 44 H
9 V 10V
i
P r io r lien g 4 V s ’30M<fcS §106
P itts b u rg C o a l..........100
108
26*4 27
Con m tg g 5s 1930. J&J 100 102
P r e fe r r e d ................ 100
923s 92 H
i
31
Incom e 5s 1930____
P itts P la te G lass...... 100 1518 153
33
126
D en ver & South’n See S tk E x list Pocahontas Coal Subs ... 125
95
D etroit Southern See Stk E x ch list P r a tt & W liitn p r e f.. 100
90
P re fe rre d
See Stock E x ch list P ro c te r & G a m b le....J 00 339 341
205
P r e fe r r e d ................ 100 202
1st 4s 1951
See Stock E x ch list
LOB
K C F t Sc & M em p f See S tk E x list
R o y a 1B alt P o w d p r e f. 10 0 107
R e fg g 4s 1936 See Stck E x ch list R u bb er Goods M fg See St ockE x list.
62
M e x N a tion a l (w i) ..100
fc
15V 15 V Russell < E r w in ........25 i ...
142
39
P re fe rre d (w i ) .......100
39V S afety Car Heat<fc L tlO O 139
P r io r lien 4 V s 1926( w i) 101 v 101 v Simmons H a rd w com 100 165
170V
142
P r e fe r r e d ................ 100 139
1st con 4s 1951 ( w i ) .
79 V 80
N o r P a c n e w 4s ( w i ) . . .
2d p re ferred ............100 138 ‘ 143
110
N o r ’n Secu rities (w i) lo o 103V 104 V S in ger M fg C o............100 230 250
P itts Bess
L E ........ 50 1 36
4
37 K 373
36 V Snap H ook & Eye
P r e fe r r e d ...................50 t 70
6
Standard M illin g C o.100
75
6H
i
25
23
P r e fe r r e d .................100
Seaboard A i r L in e See E a lt list
74
73
5 s .......... .
In d u s tria l and MisccB
Standard Oil of N J ..1 0 0 660 675
220
A b erd een C opper........ 25 1 30
31
Stand U n d ergd Cable 100
A cker M er
C on d it...6 s 100 101
Sloss-Sheliield See Stock E xcli list
A m a lg Copper See Stock Exch list
34
31
Standard Coupler comlOO
A m A g r ic Chem See B oston list
P r e fe r r e d .................100 120 130
A m e r B ank N o te Co. ..50 t 54 V 56
102
S w ift < Co.................. 100 101
fe
A m B icy cle See N Y S tk Excli list
102
1st 5s 1910-1914....J -J §101
A m erica n Can co m ... 100
Tennessee C opper____ 25 1 13*4 14V
14 V 15
P r e fe r r e d ................ 100
75
T ex a s & P a ciiic Coal. 100
56 V 67
80
A m erican Chicle Co..l(><>
82
110.
1st 6s 1908............. A-O §106
P r e fe r r e d ................ 100
80
82
T it le Guar & T r u s t... 100 525
A m e r G ra p lio p h o n e ...l0 t
3V
4
5H
> 7
T ren to n P o tte ry com 100
P r e fe r r e d ...................10 1 7
75
68
P r e fe r r e d ................ lo o
8
A m e r U idet& Leather 100
70
T r o w D irectory n e w ..100
63
4
8
P r e fe r r e d ................ 100
39
4 .
Union C opper............... 10 I
40
3*4
6s See Stock E xch )iwt
35
27
Union Steel do C hain.100
40
A m e r P ress A sso c’ n.100
85
50
P r e fe r r e d ................ 100
95
A m erican S c re w ...... 100 x7i)
77
Union S w itc h < Signal 50 t 76
&
37
'95
A m e r Sli ip b u ild in g... 100
P r e fe r r e d ...................50
39
P r e fe r r e d ................ 100
72
97
75
Union T y p e w r com .. 100
99
2
126
A m Soda Foun coin ..100
Jst p re ferred ............100 122
0
50
1st p referred ........... 100
121
2d p re fe rre d ............ 101 118
55
2d p re ferred ........... 100
10
U S Cast Iro n P ip e ... 100
7 *2 8
12
A m erican S u rety........ 50 175
38
P r e fe r r e d ................ 100
185
39>e
22
20
A m er Straw board___ TOO
22
23 V U 8 C otton D u ck.......100
Bonds Oh .................. F-A 100
90
P r e fe r r e d .................100
45
A m T y p e fo T s s to c k ..100
U S Envel ope c o m ...100
48
52
85
82
A m er W oolen See Stock Exch list
P r e fe r r e d ................ 100
34
A mer W ritin g Paper. I 00
33
U S GI i188 coin n ion .. . 100
2
1%
145
P r e fe r r e d ................J00
P r e f erred .................100 140
8V
9V
37
58 1919..................... J
-.J
30
68
71
IJ H Roduct<feRefininglOO
63
62
A n th ra cite C o a l........100
70
P r e fe r r e d .................100
80
84 % 87
Barney
S hi C ar...... J00
1mI. m ort 6m .................
16 V 20
Stock Exch
P r e fe r r e d ................. 100 120
(J B Steel Corporation S(
L25
15
Bliss ( Jompany com ___ 50 130
LJnivernal T o b a cco ... 100
1 to
48
P r e fe r r e d ...................50 133
p r e fe r r e d .................LOO
138
Bond c o M o rt G u a r... 100 405
S
Va Coal Iron < Coke. 100
fo
1 I J 13
‘2
55
54
5m 194!)................. M S
B rit’h ( Columbia Copper 5 1 9‘V JOV
WeHtingh A ir D rak e..50 1175 180
100
103
18*2 19V
W h ite Kno b M i n i n g . 100
18
Cent F irew orks
23
W orth in g Pump pref. 100 120
69
P referred ......
71

88

THE

CHRONICLE

[V ol. L X X IV

B o s t o n . P h i l a d e l p h i a and B a l t i m o r e S t o c k E x c h a n g e s — A Oailv and Yearlv Record.
Mill
S

’ ‘‘u r t i u . y ,
J a n . 4.

E r lo ««

M onday t
J a n . 6-

0io4 P e r Ocmiaiift P r i c e s .

Tuesday t
J a n , 7.

W ednesday
J a n . 8.

T h u rsd a y ,
J a n . 9.

Rates
o f the
Week,

ACTIVE STOCKS.

T r u ia y ,
J a n . 10.

1 Indicates unlisted.
)

Range of Rales in 1901.
Lowest.

H ig h e s t

R a ilr o a d S io o k i.

242% 302% 209% 464% 263% 202% 202% 212% 202 202% Boston A A lb a n y ................. (B o s to n )..., 100
251 Jan. 3 205 Apr. 1
ft
167 167 M04 107
0*1 100% Boston Eleyated, fu ll p a id ..
4
4
, e. . l 00
159% Jan. 1 190 July 17
100% 100% 100% 107 •1
5
,, •249 245
•2ii
245 245 •341
..... 249 242 Boston A L o w e ll. . , , , ........ .
4
1
,...1 0 0
288 July 8 348 Apr. 22
194 i 02
102 194
103% 104% 192 192% 102 193% Boston A Maine.......................
252 180 Deo. 9 200 Apr. 24
4 ....100
1
157 Cnio. Juno. A Un.Stook Yds.
150 160
150 150
150% 150% 150 150% *
158 143% Jan. 2 168 June 10
4
4
....100
1
133
134 183 •131 13d
•13 t
103 182
134 192
P referred ........................
*4
. . . . 100 120 Jan. 0 185 Apr. 8
50
*73% 74% 78* 78* 73
♦72
73
70
74
72 Ohoo.Okla. A Q. trust oerts. ( P b l i a . 50
783 87% Jan. 23 83% Nov. 1«
•53V 54% P referred T r. certf* . . . . . . ,
54S 54% 54
i
54% 53% 54
•53% 54
v8(, 45 Feb. 20 50% May 16
“
,.,.50
145 145
145 145
145 145
144% 145
144% 144% Fitchburg, p r e f . . , , , , ( B o s t o n j . , . . 100
853 130 Jan. 10 148 Apr. 28
87% 37% 87% 31% 87% 27% 87% 37% 37% 3 % Lehigh V a lley ........................(P h ila .) . . . . 60
8,650 28% Jan. 4 30% May l
35% 35% 85
85 Massachusetts Bleat. Cos. H , ( B o s t o n 00
35% 31
33% 86
30% 30
8,951 24 Jan. 29 45 July 1
03% 03% 03% 98% tt8* 04
03
03
94* 93
018 77% Jan. 17 06 June 11
P r e f e r r e d ! , , ...... .................
“ ....1 0 0
23% 36% 28% 38% 27% •d % 97% 27% 27% 27% M exican Central...... ...............
7
050 13% Jan. 20 30% May 2
4
4
100
<04 LU4
104 104
-1 04 104% Northern C e n tr a l....,......... (B a lt.) . . . . 60
n e 88% Jan. 10 100% Deo. 2
*810
2)0 3 0
•210
210 aio% 2U>* 210*' •2 <0
Old Colony........................... (B o s to n ).,,.100
60 205 Jan. 9 812% Apr. 22
75% 74% 74% 74% 74% 74% 74% P e n n s y lv a n ia ..,,,,_________ (P h ila .).... 60
76% 75*
8,101 09 May 9 81 Apr. 89
74% 75% 75
23% 20 3-16 2r % 30%
37 16-10 0% Ueading Company..................
88 7 16 34%
a
*
b
“ . . . . 50 146,046 12% Jan. 4 28% Dec. 90
1
41
41
1
4'%
41% 41% 4
41% 1st preferred...... ..................
1,680 32 8-10Jan.25 4)% Deo. 80
“ . . . . 60
4' % 41% 4'%
41
% 4
32% 31% 32 6-10 81% 82% 81% 16-lr 2d preferred ........ .
80% 31 13-10 8% 83
40,061 19 Jan. 4 32 8-i6Deo.31
3*%
4
4 . . . . 50
40
20 Seaboard A ir Lin e .............. (B a lt.) ,.,.1 0 0
90% 30
26
30% 20% 36% 36% 20% 30% 20
8,025
9% Jan. 31 30% June 91
40
4W 4
% to% 40% 4'>4
)*
600 24% Jan. 31 64% Sept. 20
-49% 40% •19% 40% 40
P r e fe r r e d ......... .................
“ ..,.1 0 0
1UI% 1°2% Onion Pacific........................(B o s to n ).,. .100
103% 108* 104% 102% 101%108% 108 103% 102% 104
4,068 78% Jan. 4 183% May 2
00
90
00
80% 90% 00
89
428 82 Jan. 4 09 May 1
89% 80% 00% 80% 89% Preferred .............................
•' , u. . l 00
84% 32
33
34% 88
83
83% 33
38% Onion Traction, 017% paid. (P h ila .).* ., 50 88,870 24% June 10 37 Jan. 2
82% 82% 34
14% 14% 14% 14% 14% 14% •14% 15
14% 14% United R y A Bleo. Go.......,, (B a lt.) . . . . 60
14% 14%
613 14 Dec. 19 18% Mar. 20
94% 0i% 04% 04
«i%
04% 04% 04
04
04% •04
230 9^% Jan. 8 99 Apr. 23
W est Bnd Street........ ..........(B o s to n ).... 50

204% 262%
*
107
•34 1
101 101%
•156 100%
130 130
73% 73%
54
5*
144% 140
37% 37%
36
30
04
93
18% 20%

70
71
12% 28%
83%
83
*
%

00% 7«%
81% alto
83% 84
%
%

110% 117%
115% 116
158 102%
580 500
3r% 3>%
13% 13%
*63% 04%
23
23
3J% 23
07
07
06% 66%
65% 50
51% 55
10
15
15% 10%
•78% 70
♦s*« ** *••♦1% 4%
%
%
1% 1%
1% 1%
90
•89
90
•89
187 137 ♦137 140
23
24
24
33
4% 4%
14*
14% 14% 14
115% 115% 115 110
40% 46% 46
46%
39%
30% 29% 20
*11% 11% 11% il%
90
90 •
90
90
90
•89
• Bid and asked prices
117% 117%
115 116
103 103%
596 500
35% «e%
18% 13%

I NACTI VE S T OC KS
R AILRO AD S.—Prices
Amer. Railway s(Phil) 50
Ail A Charlotte (Balt) 100
80s A Maine pf. (Boat) 10C
fioston A Ptot . 4 100
1
jonn A P&ssum “ 100
Conn River.... “ 100
Consol Tr Pitts!(Phil) 50
Pref !.,•••«%., “
50
South A Fla.(Bait) 100
1st pref.,,,.,
100
Id pref,,,,,, “ 100
B’rmant’n Pass (Phil) 50
Hsitonv M A T 4
i
50
Pref.............. 4 50
4
£nds Street..... il 100
ijittle Sohuylk. “
50
Main® Central.(Bost) 100
Minehill A S H .(P h il) 50
50
g ’esqaehon’g Y .
S
50
North P en n ....

Per® Marqu’te.(Bost) 100
Pref...........
4 100
4
Phil Germ & N .(Phil) 50
Phila. Traction “
50
Ryu Co Generali 4
4
Rutland pref ..(B ost) 100
United N J ......(Ph il) 100
UnPowATrans
25
West End pref. (Bost) 50
West Jar A 8 8.(Ph il) 50
W e a tN Y A P a . 4
4
50
Wis Cent, new.(Bost) 100
P r e f............... 4 loo
i
W o rN a s h & R . “
100
MISCELLANEOUS.
Uloues Mining (Bost) 85
.Amer. Cement. (Phil) 10
Am Gold Dredg(Bost) 10
Amer. L A S . . . (Phil) 50
AmFneumServ (Bost) 50
50
P r e f...... . .. .. “
Arcadian ..,,.,, 4
1
25
Arnold Mining.
“
Atlantic Mln’g.
4
4 25
Baltic Mining..
“
25
Seth S te e l...... (Phtn 50
Boston Elec Lt.(Boat) 100
Cambri a Iron .. (P h il) 50
Camb SDrexel re o t4 ....
4
Canton Co....... (Balt) 100
Central Oil......(Boat) 25
ConMercur gold
4
4
5
Cumb Tel A Tel
4 100
4
Duly-West Min
“ 20
Danv Bessemer (PhiAj

©•Long H & E

Dlam State St.-

.............

4
4

4
4

4
4

10
10

ft lla o e lla n e o u s M to o k i,

71
73
71% 69% 71% 69to 70% Am algam ated C opper! . ,.,,(B o s t o n )..,.l0 0 18,997 00% Deo. 17 139% June 18
21% 22
22
22% ♦21% 23 Arner. Agrloul. Chemical ! . .
♦31% 32
“
.,,,1 0 0
1,307 20 Oct. 8 34% June 18
84% 03% «3% 83% •83
88% 83% 83% P r e fe r r e d !........................
“ ....1 0 0
4
564 70% Dec. 1 91 June 18
6-10
8,550
%
to
to
*%
% Am erican A lk a li................... (P h ila .),... 50
% Deo. 6 m Jan. 12
•■»•••
P re fe r r e d ,? 10 paid
“
. . . . 50
% Apr. 30
H Mar. 4
ii8 ’ * m % i u T 1123% 122% 125^3 121% 123% American Sugar Refining 1 .(B o s to n )..,.100 81,428 108 Deo. 24 102%June 3
115 110% 115% 115% 110% U0% 110 110
P r e fe r r e d !............................
“ ,...1 0 0
1,000 112 Deo. 24 180 July 1®
100 161% 100 101
100% 101% 100% 101 Am er. Telephone A Tel. C o..
8,271 151 Jan. 4 182 May 82
“
..,,1 0 0
59 5 000
590 505
580 590 Calumet A Heola ____________
590 600
107 535 Dec. 20 800 Mar. 5
4
4
55
1
35% 30
25% 20
23% 25% Camb.Steel, 013% paid re o ts .(P h ila .» . . . . 50 24,410 15% Mar. 27 31% June 11
25% 25%
18
13% 13% 12% •«2% 13% 18% 1H% Centennial M in in g .,,,...,,, ( B o s to n ). . . . 85
816 10% Deo. 20 34% May 8
03% 61*4 *«3% 04% •03% 03% •03* 03% Consolidated Gas............
130 58 Jan. 80 05% July 10
(B a lt.) ....1 0 0
23
33
23
1,035 20% D-c. 0 38% Apr. 12
23% 23% 23% 23% 23% Consol. Lake S u p e r i o r , (P h ila .) .,,.1 0 0
07
07% 08
08
03
00
P re fe rre d .........................
1.,.,1 0 0 1,785 40 Feb. 11 7e Aug. 3
1
63% 69
50%
56% 50% 55% 50% 66
50% Dominion Co a l . . 4, . , . ( B o s t o n L . „.100 11,082 32 May 1 53% Dac. 31
5
15% 10
15% 18
17
20
18
10% B rie Telephone....................
“ ...100
8,833 15 Dec. 4 90 Jan. 2
77
77% 77% 77% 77
77
*77% 78 Lehigh Coal A N avigation ... (P h ila .) . f ., 50
676 02% Jan. 21 70% Apr. 12
4% 4% Marsden C o !
>«...
4% 4%
4% 4%
...0
1
1
,..,1 0 0
750
3% Dec. 9 7% Jan. 8
% National Asphalt I
“
. ... 50
18
*%
% Deo. 30 8% Feb. 18
%
to
1% 1%
*1%
P r e fe r r e d !...,,.,...,,,....
“
..,,60
48 1 Dec. 80 16 Fetf. 18
90
♦89
90 New Bng. Cotton Yarn, p re f.( Boston) , . . . 100
•89
90
*89
90
90
26 88 Dec. 7 09 Jan. 8
187 137
187 137
187 187% ♦187% 140 N ew England Telephone___
“
. ... 100
148 127% Jan. 4 40 Apr. 12
23% 33% *83% 24
23% 23% 23
23% Old Dominion Copper ! . , , , , ,
“
... 25 1,040 20% Dec. 17 38% Mar. 5
4% 4%
0
4% 4% 4 5-16 4 0- 1
5,000 4% Dec. 4 8% Feb. 13
ito 4% Philadelphia E le c .! 5 p aid .. (P h i l a . ) . . . . , . , .
19% 14% 14% 14% 14% 14% 14% 14% T rin ity Mining ................ Boston) . . . . 25
1,006 10 Dec. 7 41 June 20
110 110
115 115
110 117% United Gas Im p ro vem en t!. (P h ila .). . . . 60
9H6 118 Sept. 13 .28% Jan. 2
40
48% •46
40% 4«% 40% United Shoe M achinery•••••( B o s to n ), , , , 85
43% 40
1,10b 30% Feb. 4 48% Nov. 14
39
20% 29% 29% 20
29
20% 20
030 23% Jan. 4 30 Sept. 0
Preferred
“
. . . . 25
11% •l i
305 10% Deo. 17 17 Mar. 80
11% H% ♦il
M
. . . . 25
11% 11
11% United States O i l . . . , , , . . , , , ,
30
SO
28
28 Welsbaoh Co. ........... (P h ila .)
... .100
880 38 Dec. 12 55 Apr. 12
90
89
90
88 W estingh. Electric & M f g . .. (B o s to n )... 50
88 ¥
010 54 Jan. 1
C 80% Deo. 27
80% 90
95
88% 88% •...... 00
95
P r e fe r r e d ...... .......................
4
4
60
80 06 Jan. 4 91 Dec. 81
no sale was made.
a 28 1-10 39 1-10
b
i - i « 8 8 U -16
I L ow est is ex divid.
Bid. A sk .
J a n . 10
44%
105
805
165
885
23
04
48
9?%

70

48
59
177
02%

108%

192%
300%

52
99
80

•*•••
178*4

82
83

97%
4%

112% 113%
280
114
66%

»I 0 •«
*

* 20% 80%
40% 41

6 ***•*
2%

5
5%

80 *

*51
•50
2?
25
36%
*..
. . . . *i

48

98

96

8%

" ‘l%

120

20

130
SO

H

2
4to

Domln Coal pL (Bost)lOO 110
Dom Iron & S.U 4 ___
4
85
26%
Easton Con El. (Ph il) 50
Edison E l 111.. (Bost) 100 2*48* 250
Elec Co of Amf[ (P h il) 60
6%
Franklin Min’ g.(Boat) 25
12 % 18%
General E lect..
4 100 270 281
4
P ref.................
4 100
4
G-B-8 Browing(Balt) ....
11
11%
Ind-KgypCom (Bost)lOO
8
I at But H ( 6 8 M "
10 ‘ l “
1
94
IntSP«&Dynam (Phil) 50
Isly RoyaleU..(Bost) 25 21it 22*
Manufao R u b..(Ph il) 60

S T OC KS —BONDS
MTflrWLL.—Oonci^d

Bid.

A sk.

*.
108 170
2
*■' 7?elepbrtr><
* ,f
10
12% 13
MtVerCotDuckiBalt) .
5”
NewifingGsAO ! (Bost)
5M
New H av 1 A B.^Phn;
3
3%
Old Col Mining. (Bost)
Osceola Mining. “
81% 83
Palmetto Co... .(Ph il)
29
29%
Parrott BilACop(Bost)
*.•••* . 0»,.
Penn Elec Y e h .(P h il)
2%
P r e f.. . . . . . . . .
4
4 50
112
Pennsyl Salt...
Pennsyl S teel,.
85
P r e f ........ . •e
40% ,,,,,
Phila Co . .. ..
4
4 50
PlantersComp!(Bo*t)100
11% 12%
25 130 150
Quincy Mining.
3
»%
35
2
Rhode Isl Min.. ••
5
Santa Ysabel G “
to
60
01
Seattle Electric 4 100
4
100 107 108
P ref..,- m .... “
5
Susque i A 8 ! . .(P h il)
m •••« s
Tamarack Min. (Bost) 25 250 255
Tidewater St... (Ph il) 10
28
Torrington “ A ” (Bost) 25 37
38
29
25
P ref.......V 4
85
U n C o p L A M ’g 4
4
ito
8to
82
30
U n E ILA Pow p f (Balt) 50
87% 83%
United Fruit (Bost) .100
13% 14
U S M in in g .... "
25
22
Utah Mining..
4 4*85
4
23H
Warwick I A S . (Ph il) 10
50 74
Westm rel Coal 4
4
2
Winona Mining (Bo»t) 35
Ito
48% 49
85
W olverine Min. 4
4
B o n d *—Bosi©rxB
Am Beil Tel 4s..1908 JAJ s 99 100
A TAS F gen g 4s. ’95 AAO ll0 2
98
Adjustment g 4s..1995 | 95
Boston Term’l 3%s. .1947 I l l s
117%
85
B ob Un Gas 1st 5s. ’39 J AJ I 80
60
2d M 5s.........1939 JAJ I 54
Bur A Mo R iv ex’pt 0a. JAJ §119 «* 0«* *
Non-exempt 08.’ 18 JAJ 2' *****
Sink f and 4s.. 1910 JAJ §>>»*,« ......
Cent Y t 1st 4fl 1920..Q-F j . . . . . . 87%
Ch Bur A Q 4s. 1022 F&A §101
Iowa D lv 4s. 1919 AAO h o i
•»*»1
113
Chicago Juno 5*. 1915 J AJ §110
O h A N o M gu5 b.’31 MAN §109% 110
Chi A W M gen 5s.’21 JAD §100 100%
Curr’t R iv 1st 5a.’27 AAO §105
D G R A W 1st 4s.’ 40 AAO §100 100%
Domin Coal Isttta.’ lSMAS §110
la s t ’ll ist M 0s g.’ O0 MAS m o
113
Fr ElkAM V 1st0s’ S3 end §135
§185
Unsi’p’d 1st 0s.’ 33 A AO
Illln Steel ooxiv 5a.’ 10 JAJ §101
„
Debenture 5a. 1913 AAO §10 lto . , Q
& 0 CA 0 1st 5s g.’25 AAO §105
K. C Ft SAG 1st 7s.’ 08 J AD §124
K C F SAMcon 0s.*88MAN §128
K O M & B 1st4a..’ 34 MAS §. ... too
0i
90
Income 5 s ....«,.........,,
K CAM HyAB 5s.’29 AAO §108 100
K C St Jo A C B 7».’07 JAJ §115
L RookAF 8 1st 7u. ’06 JAJ §105
M a rti A Out. 0s...'25 AAO 1118
S3
Mex Cent 4s g*. 1911 JAJ § 83
let ecu me
g non-cum
32% 83%
8d con
mvi-fliim,.
83%
Mfd Rubber pfd (Ph il)
nrueuthaier.. (Bost; 1

BONDS
B o sto n —Concluded.
New Eng con gen5s’ 45JAJ
N E CotYarn 5s 1939F&A
N H G as A C 1st 5s..1937
Now Bng Tele 5s.’ 16 AAO
0 1 ............1 9 0 7 AAO
N Y A N Eng 1st 7a.?05 JAJ
1st mort0a.. ..1905 JAJ
Rutland 1st 0s,.’ 03 MAN
Rut-Can 1st 4s 1949. JAJ
Seat Elec 1st 5&19S0FAA
Torrington 1st 5s 1918...
W est End St 5s. .’ 02 MAN
4%a ......... . ,,1914 MAS
Deb 4 a ....,..1916 MAN
Bond®—BaitSnaorOu
Anaoostia A P o t 5 s
A tl A Ch 1st 7S.1907 JAJ
A tl Coast L c t fs 5S..JAD
BaltCP&alst 5s,1911MAN
Balt Fundg 58.1910 M&N
Exchange 3%s.l930,1AJ
Funding, 3%s, 1952J&J
BaitAPlstdRuil 1011A&O
1 st 6s tunnel 1911..JAJ
Bal Trac 1st 5S.1929M&N
NoBaltD iv 50.1942J&D
Gonv’rtible5fil906MAN
Central Ry 0s.. .1912 JAJ
Consol 5 s ...,1932 MAN
E xt A Imp 5S.1932MA8
Chaa City Ry 1st 5# *23JAJ
Chas Ry G A El 5s ’ 99 MAS
CharlCAA ext5s.l909J AJ
2d 7s 1910
AAO
CityASub lst5s.l922JAD
City ASub (Wash) l«t5 s ’ 4S
Col AG m v 1st5-8.1917JAJ
Consol Gas 0s..1910 JAD
5s..,,, ■,,,.,..1939 JAD
Ga A Ala 1stpf 5a1945A AO
GaCarANlst 5s g.1929J AJ
GeorgiaP 1st5-6s 1922JAJ
GaSoAFla 1st 5». 1945J4=J
G-B-S Brewing 8-4s 1951.
ru
e ................ .
KnoxvTrac lst5s ’28AAO
Lake R El latgu5a’42M&8
M^rC,TiiWaflb 11 nt5*'2 p k \
»
M tYernon CotDuck 1st 5s
In c o m e .,....... .
New Ori Gas 1st 5».. .Var
NewpNAOPlst5s’38MAN
Norfolk St 1st 5s ’44.JAJ
NorthCent4%s.l925A&0
6s 1004....... ......... JAJ
Series A 5a 1926....JAJ
Series B 5o 1926.....1AJ
Pitt Un True 5&.1997 JAJ
Potom Yol 1st 5sol941JAJ
SeoAvTn ( Pt ttc) 5s*34JAD
Sav Fla A W est 5s ’ 34AAO
Seaboard A L 4s 1950.,,,
Seab A Roan 5s. 1026 JAJ
So.Bound 1st 5s *41. AAO
UnElLAPlst4%s*39MAN
U nR y A Ml lst4s’40.MA8
Income 4s 1049.,,.JAD
Ylrg Mid 1st 0s. 1900 MAS
2d series 0s.. 1911 MAS
s j series Ba.. 1010 m ah
4th ser 3-4-5*. 1921 MAS
Pith
100*'

B id. A sk .

,
8108% 104
5 .....
§ .....
§107% 110
§107 ■(M il
§101
§101
§105% ib fi"
I108&
101%

97%
U8%
117
109%
121%
1'0
114%
*•••#!

114
no
I9a%
ill
114%
' t •e*t

Bid. A0b.

BONDS

W il A Weld 5s.
B o n d s — PhU z

Che* AD Canl stSs.’ l 0 JA.

j
J
J
J
J
1
l
3
v
>
1

08
90
US
114%
130

100
100
115
181

132% 124
34% 35%
118
95
......
, 4 I I M

J 115 H0
T ..... 110%
3 no
«

Colum St Ry 1st con 5a. ’ S‘
Con Trac of N J 1st 5s..’3
-:

•M9I«

n *to
113
& 98
98%
.....
Income 5s... .2802 A At 107
116 118
Eq 1 1 Gas-L Istg5s.l92t 108 ♦••0«•
1
119to 120% Hestonv M A F con 5s.’ 2< ..... .
10C% 101
H A B Top con 5a.’25 A fcC 110 i i «
86
87
*4
111
118 120
117
R R 4 a g ........ 1914 i
•M M
U
->*•*
110
105
Gen M 4%gg. ,1924 i
90
»»«••• •Mill
92
Leh V C ’l 1st 5s g.’ 33 ,
117 130
120
Leh Val ext 4s.. 1948 J
•••»«
133
135
i is
117

04
05
120
121%
112% 113
110% 113%
1 » M) • •»..»*
110 n o**
135
No Penn 1st 4s..
112 113%
48% 49
Penn gen 0 sr...l9 10 Y a i
37^4 ss
Consol 5s r... .1019 VaJ
9 0 " 99
12i%
Penn A Md Steel con 6b
117
82% 88%
Cons 4a...,,,1039 AAU
45% 40%
100
Penn Steel Ist5s.*l7 MA.n
104|| 105% P eople’s Tr tr certs 4.t
110
110
Trust certfs 4s.
100
123 125
123 185
Consol M 7s.. 1911 JAB
115% 116%
114
Con M 0a g...1911 JAB
.116
Ext! mp Mis g.’47 AAO
jt ^
Con M of ’82 4s.*87
Terminal 5s g.104.1
86% 85%
112
P Wil A Balt 48.1917 AA
Ooliattrust 4s.l921 j AJ
n o * 111%
84
87
Read Co gtui 4s, 1007 JAJ
95% 05% Rooiiester Ry con 5s. 1031
07% a m SchRKSide LsC6» g’$5J A
107
Scran True 1st O ’38MAN
s
115
UnTraoPltts gexi5s4 JAJ
07
120
112
And interest.
1 1 ■ 117%
»

. . . . . .

14

U%

110%
84
103% •»t. *
108
116

•IUH
109% •m i
96
106%
99
«3%
133
105%
......
132
108%

••Mil
♦••% *
,
< •
134
131%

185
108 .m l*
Wiv* 98%
.%
,,<•# •tm t
110%
- **%*
*
*04% 85%

,v,'i »*»

Ja n u a r y

' BKONM-LH

VW ¥

11. 1902.j

89

atxd R ailroad InielEgjemeJ
R A IL R O A D

EARW1WGS.

T h e f o l l o w i n g t a b l e s h o w s t h e g r o s s e a r n i n g s o f e v e r y 8TEAM r a i l r o a d f r o m w h ic h r e g u l a r w e e k l y o r m o n t h l»
c a n b e o b t a in e d .
T l i e fir s t t w o c o lu m n s o f fig u r e s g i v e t h e g r o s s e a r n in g s f o r t h e l a t e s t w e e k t r m o n t h , a n d tin
c o lu m n s t h e e a r n i n g s f o r t h e p e r i o d f r o m J u l y B t o a n d i n c l u d i n g s u c h la t e s t w e e k o r m o n t h .

aa
tw i

The returns o f tlie street railways are brought together separately on a subsequent page.
N o tic e

C l m n j r e — O u r y e a r l y t o t a ls n o w a ll d a t e f r o m

Latest Grass namings
ROADS

Week,
or Month

J u ly

8.

Latest (irons h'arninfjH

.Inly 1 to Latest hate

Current
Year

Previous
Year

Current

$

$

$

Year

17/490
76,612
16,169
A dirondack........ October. .
05,144 1,252,980
69,927
A la ( i t Southern. 4th wk Dec
A la N O * Texas Pac J une.
39.000
37.000
901,819
N O * No East. 2d w k Dec
21.000
21.000
468,288
A la * Vicksb’g 2d wk Dec
18,000
22,000
2d w k Dec
446.660
Vicksl) Sh & P.
1st wk J an
997,798
40,001
34.451
Ann A rb o r.........
31,170
5,404
7,787
Ann Wash & Bal. October. ..
A tch Top & S Ft). November 5,439,579 1,779,095 25,517,30 l
273,771 278.885
995,528
A tlan ta & Oliar.. October..
308,098
39,517
45,508
A t l K n ox v & No. December.
0,171
11,344
48,757
A tla n tic & Blrm Novem ber
666,208 619,109 3,124,828
A t l Coast L in e ... November
109,800
20,260
19,530
A tl Vafd & West. Novem ber
37,693
7,694
9,005
B a lt
Ann S L .. O ctob er...
B alt & O h io.... I Novem ber 4,274,611 3,885,241 21,762,804
B & O So nth w . (
693,090
Bangor & Aroost Noveiubo r 140,311 113,673
14,533
8,509
5,937
Bath & H aw mo u October. .
O ctob er...
15,952
19,199
B ella Zanes&Cin
November
21,700
4,940
4,187
B ellefonte Oent’J
17,211
4,327
4,319
B rld gt & Saco K . October. ..
2,954
3,478
Bull' A ttic a & Arc- O ctober..
Buff Rock & cuts; 4tk w kD ec 127,574 141.900 3,356,993
361,055
75.823
08.218
Buffalo & S u sq ... November
Burl C Rap & No December. 460,810 114,634 2,882,892
Canadian Pacific 4th w xD ec 1, 201,000 1,049,000 19,860,817
CentT of Georgia 4th w k Dee 226.822 196,328 4,046,950
58,894
268,837
49,189
Cent’l N ew En g.. iNovember
CentT o f N Jersey Novem ber 1,513.047 1.380,267 7,180,106
Central Pacific.. October. . 1,935,455 1,872,638 7,675,592
1,792
47,658
1,928
Chattan South’ n. 4th w k Dec
Chesap & O h io... 4th wk Dec 348,566 378,317 8,463,721
813,562 721,036 4,142,332
Chic < A lton R y. Novem ber
fc
Chic Burl & Quin Novem ber 4,596,265 3,965,786 21,223,661
Chic & E Illin ois. 4th w k Dee 143,000 122,500 3,122,638
Chic G t Western. 4th w k Dec 200,671 169,199 4,003,436
Chic In d & L ’ v . . . 4th wk Dec 108,421 107,601 2,361,098
Chic M ilw & St F 4th w kD ea 1,353,377 1,217,299 24,386,243
Chic & N orth W ’n Novem ber 4,046,328 3,483,189 21,052,229
Chic Peo ib St L > December. 119,334 132,161
730,358
S t L C h & S tP $
Chic R I & P a c ... Novem ber 2,489,188 2,136,260 13,924,546
Chic S t P M & 0 . November 1,079,878 925,404 5,391,647
36,354
792,999
35,598
Chic Term T r RR ith w k D e c
Choc Okl & Gulf. 4th w kD ec *146,211 *107,438 *3,057,580
87,517
88,549 2,607,920
Cm N O & T Pac. 3d w k Dec
Cl Cin Club St L. Ith w k D e c 557,733 512,018 10,003,551
79,902
70,981 1,323,460
Peoria & East’n 4th w k D ec
Clev L o r & Wheel December. 183,776 141,217 1,348,219
92,815 2,806,487
Colorado & South 4th w kD ec 114,200
57,095
16,716
17,709
Col New b & Lau. October..
4th wkDec
29,578
20,846
Col Sand & Hock
631,563
Novem ber
28,700
162,869
13.960
Cornwall & L e b ..
90,231
95.823
518,967
Cumberl d V a le y Novem ber
48t wk Jan 200.700 175.900 6,517,668
D en ver & R io Gr
4th w kD ec
35,120
638,631
35,249
D etroit Southern.
63,160
331,310
55,334
D et & Mackinac. Novem ber
70,529
D e l So Sh & A tl.. 4th w kD ec
57,798 1,380,412
70,617
17,297
12,196
E 8t L & Carond. Novem ber
E r ie .................... Novem ber 3,545,220 3,169,524 18,217.373
173,512
8,211
8,036
Evansv & Indian Ith w k D ec
760,530
36,023
40,940
Evan sv & T H .. 4th w kD ec
23,101
5,143
6,058
F a rm v & Po what O ctober...
9,610
9,635
33,638
Find F t W & W . September
221,214 395,247
935,174
F t W & Denv City November
187,664 163,361
836,862
Georgia R R ........ November
523,274
99,868 104,429
Ga South & Fla.. Novem ber
152,887
36,081
32,679
Gila V a l G A N\. Novem ber
Gr Trunk System ith w k D e c 779,027 831,100 15,278,282
3d wk Dec
87,997 105,926 2,034,222
Gr T r & W est’n
27,253
D et Gr H A M .. 3a w k Dec
569,919
20,887
Great N ortli’n —
St P M in n & M . December. ;I,752,577 2,013,804 16,597,196
East’ n of Minn. December. 368,987 251,061 3,105,177
857,642
110.708 203,007
Montana Cent’l December.
T otal system. December 3,232,272 2,467,872 20,559.915
80.586
Hooking Valley.. 4th wkDec
92,049 2,697,239
Ho us < T ex Cent October..
b
001,177 740,643 1,927,367
Illinois Central.. December. 3,394,118 3,267,706 20,616,022
Illinois Southern December.
70,690
11,277
8,550
Ind Dec < West’n Ju ly.........
fe
59,698
55,928
59,698
Ind 1 1 & Io w a ... October. ..
1
562,796
117,090 308,943
Int & Gt North’n 4tk wkDec 161,075 360,345 2,631,073
88,200
Interne (M e x )___ wk Dec 21
84,900 1,825,700
Iow a C en tra l.... 1st wk Jan
47.586
47,020 1,318,578
November
Iron R a ilw a y___
4,342
6,477
32,985
Kanawha ifc Mie.l 1th wk Dec
54 1,962
21,705
18,568
Kari City Houth’ n November
468,941 380,038 2,151,736
Lehigh & Hudson December.
25,441
190,719
39,376
Lehigh Val RR, O ctober.. 2,894,058 3,015,323 10,087,553
Leh Val Coal Co. October.
2,138,415 679,000 0,921 .100
Lexlng & East’ n . Novem ber
29.371
168,471
23,825
Long Island .
ovem ber
In c. 36
In c. 52 ,23 5
Lon Hen a. St L. Decern ber.
354,634
51,070
58,484
Louisv < Nasiiv. I ll wkDec 702,900 673,998 15,129,059
b
Macon <b B lrm .. November
12,05
52.387
9,622
VIan r tu pio........ November
29,678
1.27
3,208
Many 1and & Penn No vein ber
2 1,718
20,415
(Me/lean Centra) itli wk Dec 533.709 495,208 8,610,306
Mexican intern’ j November
560,533 193,670 2,4 83,649
(Mexican N at’L . 4 wkDec
.th
188,43“ 188,003 3,084,963
[Mexican R y
Wk Deo.2 1 103.700
87,300 2,037,300

Previous

ROADS

Year

*

Week
or Month

70,731 Mexican South'll 3d wk Dec
1,097,866 Milieu < So’ w’n. November
fe
Mineral Range.. Novem ber
879,184 Minneap < St L. 1st wk Jan
te
399,725 M St P & S St M . 4th w kD ec
390,094 Mo Kan < Texas 1th wk Dec
fc
915,038 Mo Pac & Iron M i 4th w kD ec
21,442
Central Branch Ith w k D ec
22,189,987
th
Total............ 1 wk Dee
959,176 Mob Jack & K O. Wlc Jan. 4
244,592 M o b ile* Ohio..! December.
26,418 Mont & Mex Gull November
3,004,205 Nash Oh & St La. December.
90,404 Nev-Cal-Ore..... December
32,669 Nevada Central.. Septembei
19,480,351 N Y O & Hud Ri\ December.
N Y Ont < West. Novem ber
fc
596,087 N Y Susq & West Novem ber
17,954 Norfolk & West’ i 4tli wlc flee
Northern Central Novem ber
15,559 North’n Pacllic.fi 4th w kD ec
15,309 Ohio & Little
Kanawha....... September
2,935,539 Pacific. Coast Co. Novem ber
302,999 Penn—EastP&E. Novem ber
2,610,587
West P & E _ Novem ber
_
16.285.042 Pere Marquette.. 4th w k Dec
3,654,420 Phtla & E rie...... October. ..
303,889 Phila Wilm & B.. Novem ber
6,537,935 Pine Blf.ito Ark.R. Oft to her .
7,248,764 Pittsh C C & St L Novem ber
52,657 P.ttsh & West’n. O cto b er..
7,956,966
Pittsh Cl & Tol O cto b er..
3,972,101
Pittsb P a & F.. O ctob er...
22.355.043
Total system... 3d w k Det
2,854,681 Plant System— )
3,604,536
Ala Midland. 1
2,106,029
Bruns & W ’n. I Novem ber
22,393,25a
Chas & S a v... |
19,179,463
Sav Fla & W . |
S ilS O c & G .. )
709,461
Reading Co.—
12,112,523
Phil & Read___ Novem ber
4,950,526
C o a l* Ir C o ___ Novem ber
715,415
Tot both Co’s.. Novem ber
* 2 , 101,110
Rich Fr’ksb & P . O ctober...
2,319,619 Rio Grande Jet.. O ctober...
9,272,551 Rio Grande So... 4th w kD ec
1,205,695 Rio Gr’de W est.. December.
1,019,246 Rutland............. October. .
2,466,321 St Jos & Gr I ___ Novem ber
55,896 St L Ken’et & So. Novem ber
534.753 St L & N A rk ...... October ..
105,826 St L & San Franc; 4th wkD ec
474,560 St L Southwest
ith w k D e c
6,266,760 S tL V a n & T H .. Novem ber
590,910 San Ant & A P ... November
336,920 San Fran * N P „ December.
1,315,686 San Pedro LosAn61,914
geles & Sait L. Novem ber
16.146.043 S Fe Pres & P li... 2d w k Dec
178,760 Sav Fla & W est.. No vein tier
743,480 Seaboard A ir L.. 4th wk Dee
23,461 So C & Ga E x t ... Novem ber
30,009 So Haven & East. Novem ber
896,563 Southern I n d ___ December
777,134 So Miss & Ark ... November
503,636 So Pacific Co b... November
156,034
Cent Pacific___ October. ..
14,536,283
Gal Har & S A. October. .
1,977,591
Gal Hous < No September
te
538,991
GulfW . T. & P. O cto b er...
Hous. E. &W.T. October. ..
12,407,856
Hous. & SiB'ev. October. ..
% 274,553
IIous&TexCen October. ..
1,077,860
Louis’a West... October. ..
15,760,269
Morgan’s L & T O cto b er...
2,433.785
N Y T & Mex .. O t o ile r ...
1,885,236
Tex & N O rl.... O cto b er...
18,456,700
So Pae of Cal .. O cto b er.
59,985
So Pac of Ariz. O ctober...
55,928
So Pac of N M . October. .
.
400,392 Southern Railw’y 4th w k D ec
2,623,554 Terre H & Ind ... Novem ber
1,885,180 Terre H & P eor.. Novem ber
1,212,333 Texas Central
3d wk Dec
22,102 Texas & Pacific.. 4th wkD ec
450,950 Tex S V & N W
O ctober...
1,847,017 Tol & Ohio C ent. 1st wk .1an
s
223,434 Tol P & W est___ fth w kDec
8,023,633 Tol St L & W ...... ith w k D e c
6,153,718 Tor J
lam & B u ll. 3d wk Dei

15,867 Union Pae RR . ,

Current
Year

Previous
Year

July 1to Latent, hate.
Current
Year

Previous
Year

*
$
$
384,9X0
19,120
16.524
33:*, 200
3,251
.....
260,487
274.129
48,046
48,927
54,223 1,907,363 1,708,326
56,037
127,648 f 22,904 3,382, lOi 2,31 1,033
442,791 415,3 16 8,950,983 7.990,1 57
1,169,000 1,087,000 19,318,00(i 17,015,000
721,000
38,000
35,000
723,000
1,207,000 1,1 22.000 20,171,291 17,73 1,305
81,21 1
70,123
2/109
2,700
553,700 584,700 3,122,806 3,1.26,676
560,847
113,667 100,363
601,48s
622,578 631,636 3,913,21 8 3,849,417
88,569
85,117
9,679
11,218
9,091
8,3 04
2.314
2,970
5,690,120 5,601,381 37,864,688 34,464,323
501,422 460,365 2,628,932 2,100,242
903,408
249,945 225,875 1,248,611
308,680 371,003 8,589,987 8,136,522
742,937 772,537 3,673,214 3,288,714
952,305 741,891 22,823,604 18,112,767
48,207
16,428
46,124
16,991
433,294 427,833 2,385,116 2,428,435
8,073,524 7,788,524 40,662,297 36,937,697
Inc 4,2 20,300
In c. 8 / 3,400
239,093 230,358 4,872,495 4/101,854
709,718 489,194 2,694,450 2,058,302
990,559 964,459 5,120,535 4,938,335
5 979
3,598
1,871,493 1,588,262 9,153,601 7,907,921
910,384
758.250
244,738 214,463
135,300 109,706
565,275
414.668
36,912
196,641
205,262
38,140
55,043
67,764 2,138,626 1,879,171
744,184

678,419

3,173,132

3,022,370

2,666,265 2,476,476 12,832,984 11,424,176
3,034,545 2,530,148 12,821,381 10,826,344
5,700,810 5,006,624 25,654,365 22,250,520
340,095
308,761
89,827
82,694
61,462
222,067
222,193
62,979
301,079
15,273
13,429
292,668
446,100 365,200 2,768,847 2,542,100
671,140
195,632 173.504
778,206
642,582
109,878
91,443
584,038
72,416
13,495
57,024
14,426
80,166
7,152
21,417
34,332
549,911 482,687 10,983,802 9,437,427
199,019 265,564 3,848,830 3,869,994
176,741
913,578
159,077
847,878
250,311 287,281 1,184,332 1,206,227
628,626
75,458
85,526
568,595
18,000
19,743
/ 744,184
260,643
25,878
5,018
48.677
21,628
7,484,233
1,935,455
085,328
40,887
13,/ /3
96,842
23,522
601,477
177,346
836,647
38,577
257,519
1,911,618
400,658
237,487
938,768
139,467
47,117
14,521
4=75,181
17,500
47,630
29,778
75,648
'7,932

9,418
19,568
t 678,419
251,872
26,428
4,606
31',103
16,110
6,727,799
1,872,638
650,211
19,875
17,694
92,028
20,589
740,0-13
158,317
809,099
30,528
244,171
1,723,145
332,264
179,009
935,348
133,488
48,521
20,678
449,143
16,900
44,676
30,576
64,803
7,979

5,926
Dreg RR < N [• Novem ber 4,438,497 3,829,513
fc
339,097
Oreg Sh Line. )
13,856,81.5 Wabash.... ........ 1st wk Jan 3 19,079 311,058
46,007 W Jersey & Soa'e Novem ber
217,103 206,563
35,456 W V Cen & P it t .. Septembei
102,167
95,338
Wheel & L K. ... December. 219,468 251,682
8,235,891 Wichita Valley... Novem ber
"
o,3:>o
6,938
S5,0(»o
2, '.32,120 Wisconsin Cent.. l st wk Jan
82/1=85
3,054,881 (Vrightsv & T ' ji .. ()e to b o r.
16,8 17
17,375
2,030,900 Yazoo & Miss V .. December. 630,607 737,959
Figures from N ovem ber 1 are fo r the railroad only.

448,936
419,379
/3.173,132 /3,022,370
5,618,699 5,205,411
112,751
115,939
317,373
98,976
36,322,4=97
7,675,592
2,414,690
106,634
59,581
300,1 52
72,282
1,927,367
606,036
2,787,718
131,796
981,695
7,294,330
1,388,122
824,937
18,955,080
714,539
249,673
339,404
6,166,078
49,700
1,534,278
604,125
1,319,352
245,245

192,631
88,610
32,130,794
7,248,704
2,135,458
74,177
51,037
257,065
55,785
1,885,236
514,752
2,455,691
90,697
817,437
6,271,894
1,146,410
626,999
18,107,786
696,659
233,121
353,290
5,702,149
47,000
1,352,015
606,142
1,135,514
170,733

21,548,859 19,910,903
10,286,698
1,972,932
309,588
1,784,4:94

9,415/173
1,874,932
286,5 46
;
1.547,247

3,117,726 2,8.2 3,067
45,905
57,763
3,370,012 3.1 86,722

|Mexican uurren

Line, not previously reported,
. Paul & Duluth lor both years.
1 " > last year.
r
/ These ligi
S ilver Springs Ocala & (I
J Ft, Worth * Rio Grande

D
O

THE CHRONICLE.
T o t u lg fo r

F is c a l

Y e a r.

In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roadi that
still have their own fiscal years. These with their dates are
brought together in the following.

For the month o f December 75 roads (all that have f u r ­
nished statements for the f u l l month as yet) show as follows:

Period.

A tlan ta & Charlotte A ir Lin e IApr. 1 to Oct.
Jan. 1 to Nov.
Burlington Cedar Rap. a N o Jan. 1 to Dec.
Central o f New J ersey.,........ Jan. 1 to Nov.
Chicago & North Western..
J one 1 to Nov.
Chicago Rock Island A Pao. Apr. 1 to Nov.
Chic. Bt. P. iMinn. A Omaha iJan. 1 to Nov.
Choctaw Oklahoma t G u lf. Nov. 1 to Deo.
Cumberland V a lle y ............. Jan. 1 to Nov.
East 8 1 Louis A < arondelet Jan. 1 to Nov.
U't. W orth A Oenver C ity...... Ijan. 1 to Nov.
In tern ation al A Gt N orth ’n. Jan. 1 to Deo.
Lehigh V a lley R R .................. Deo. 1 to Oct.
Lehigh Vallby C o a l............... Deo. 1 to Oct.
M anistlque............................. Jan. 1 to Nov.
M exican Central .................. Jan. 1 to 1)ec.
M exican In tern a tion a l......... Jan. 1 to Nov.
M exican N a tlo n a l................. Jan. 1 to Dec.
Mexican R a ilw a y................. Jan. 1 to Dec.
M exican Southern ................ Apr. 1 to Dec.
Missouri Pacific..................... Jan. 1 to Dec.
Central Branch................... iJan. 1 to Dec.
T o t a l....................... .......... Jan. 1 to Dec.
_
M onterey A M exican G u lf_ Jan. 1 to Nov.
Northern C e n tr a l................ Jan. 1 to N ov.
May 1 to Apr.
Paolflo M a ll......... .........
Pennsylvania, East of P. A E. Jan. 1 to Nov.
W est o f P A E.................. Jan. 1 to Nov.
Pere M arquette...................... Jan. 1 to Deo.
Philadelphia A E r ie .............. Jan. 1 to Oct.
Phlla Wllm’g ’n A Baltim ore. Nov. 1 to Nov.
Pitts. Ctnoln. Chlo. A St. L . . . Jan. 1 to N ov.
Rio Grande J unction............ Deo. 1 to Oct.
St. L. Vaiulalia A T erre H .... Nov. 1 to Nov.
South Haven A E astern ........ Jan. 1 to S ep t
South. Missouri A Arkansas.. Jan. 1 to Nov.
T erre H au te A Indianapolis.. Nov. 1 to Nov.
l'erre Haute A r e o r la ........... Nov. 1 to Nov.
Texas A P a o lflo ...................... Jan. 1 to Dec.
W est J ersey A Seashore....... Jan. 1 to Nov.

j C urrent
Tear,

L a t e s t Dross E arn in gs b y W e e k s . — In the table which
follows w e sum up separately the earnings for the latest
week. The table covers the fourth week of December a n d
shows 6*09 per cent increase in the aggregate over the same
week last year.

4t h week of December.
A

1901.

$

1900.

Increase.

Decrease.

$

$

$

65 ,4 44
Southern...
6 9 ,9 2 7
A titi A r b o r ............ .........
5 7 ,1 r 4
5 8 ,2 4 5
1 2 7 ,5 7 4
1 4 1 ,9 0 6
Buffalo Roch. & Pittsh’ g.
Canadian Paolflo ........... 1,2 0 1 ,0 0 0 1 ,049.00C
O -ntrai o f G e o rg ia ___ _
1 9 6 .3 2 8
2 2 6 ,8 2 2
Chattanooga Southern...
1,792
1,92 8
3 7 8 ,3 1 7
Chesapeake & O h io........
3 4 8 ,5 6 6
1 2 2 ,5 0 0
1 4 3 .0 0 0
OhloaKo a East. Illin ois.
2 0 0 ,6 7 1
1 6 9 ,1 9 9
Chloago Great W estern.
1 0 7,60 1
Ohio. Indian'lis A Louisv.
1 0 8 ,4 2 1
Chicago M llw. A St. P a u l. 1 ,3 5 3 ,3 7 7 1 ,2 4 7 ,2 9 9
3 5 ,5 9 8
Chic. Term . T ran sfer___
3 6 ,3 5 4
1 4 6 ,2 1 1
1 0 7 ,4 3 8
Choc. Okla. A G u lf.......
5 1 2 018
Clev. ( i 1 . Chlo. A St. L ..
5 5 7 ,7 3 3
70,981
7 9 ,9 0 2
P eoria A Eastern ___
9 2 ,8 4 5
Colorado A Southern..
1 1 4 ,2 0 0
2 9 ,5 7 8
2 0 ,8 4 6
Col. Sandn-ky & Hooking
2 8 5 ,9 0 0
3 c 5 , 10 0
D enver A Rib Grande .
3 5 ,2 4 9
D etro it S ou th ern ..........
3 5 ,1 2 0
Duluth So. Shore A A tl..
5 7 ,7 9 3
7 0 ,5 2 9
8,211
Evansv. & Indianapolis.
8 ,0 3 6
Evansv. A T erre Haute
4 0 ,9 4 0
3 6 ,0 2 3
Grand T ru n k ............. )
Grand Trunk W e s t.. >
■
8 3 4 ,1 0 0
7 7 9 ,0 2 7
Det.Gd. Hav. & M ilw. j
92 049
H ooking V a lley ..............
8 0 ,5 8 6
1 6 0 ,3 4 5
Int. & Great N orth ern ..
1 6 1 ,0 7 5
Iow a C e n tra l... _______
6 5 ,3 9 7
6 1 ,6 0 6
1 8 ,5 6 8
Kanaw ha A M ich igan ...
2 1 ,7 0 5
7 0 2 ,9 0 0
6 7 3 ,9 9 8
Lou isville A N a sh ville..
5 3 3 ,7 0 9
M exican C entral............
4 9 5 ,2 0 8
M exican N ation al...........
1 8 8 ,0 0 3
1 8 8 ,4 3 7
62 ,0 2 2
8 7 ,8 5 8
Minn. A St. L o u is ___ ...
1 2 2 ,9 0 4
Minn. S t P. A 8 . Ste. M L.
1 2 7 ,6 4 8
4 4 2 ,7 9 1
4 1 5 ,3 4 6
Mo. Kansas A T e x a s ___
Mo. Pacific A Iron M L... 1 ,1 6 9 0 0 0 l,0 8 7 , c 0 0
Central Branch ...
3 5 ,0 0 0
3 8 ,0 0 0
2 ,4 7 2
1,991
Mob. Jackson A K. City..
N o rfo lk A W estern ..., .
371,003
3 0 8 ,6 8 0
7 4 1 ,8 9 1
9 6 2 .3 05
Nortnern P a c ific .........
2 3 9 ,0 9 3
P ere M arqu ette..............
2 8 0 ,3 5 8
13 .4 2 9
15,273
R io Grande Southern---5 4 9 ,9 1 1
4 8 2 ,6 3 7
St. Louis A San F r a n ....
2 6 5 ,6 6 4
St. Lon 1 Soutltwester. ..
s
1 9 9 ,0 1 9
2 5 1 ,8 7 2
200/43
Seaboard A ir L in e ..........
9 3 5 ,3 4 8
9 3 3 ,7 6 3
SoQtnern Railway ---- .
4 4 9 ,1 4 3
4 7 5 ,1 8 1
Tftxftfl & Pacific ____
.
6 1 ,6 0 3
6 9 ,9 0 4
Toledo A Ohio C entral..
30.56
2 9 ,7 7 8
Toledo Peoria A W est’ n .
7 5 ,6 * 8
6 4 ,8 0 3
T o l St. L. A W est...........
4 9 8 ,1 2 1
5 2 6 ,8 0 6
W a b a s h .........................
1 2 9 ,9 7 1
1 3 5 ,0 0 0
Wisconsin C entral.........
a n <H.

T o ta l (5 2 ro a d s )......... 1 4 ,4 3 1 ,1 4 0 1 3 ,6 0 2 ,6 0 4

Net increase (6 09 p. 0.).

1 4 ,3 3 2
1 5 2 ,0 0 0
30 ,4 9 4
136

5-35

M et E a r n i n g s M o n t h l y t o L a t e s t D a t e s .

—C ross
O u rren t
tea r.

E a r n i n g s . ---P re v io u s
T ea r.

Roads.

/ —R e t Karrinos ——
•
O u rren t
T ea r,

P re v io u s
T ea r.

$
%
$
$
4nn A rb o r.b ...... Nov.
168,218
150,839
30,461
f 0,833
July 1 to Nov. 3 o ... .
801,172
715,267
255,884
163,856
Atl. K n o x . A N o.a Nov.
57,815
39,<) 60
27,247
10,833
262,590
July 1 to N ov. 3 o __
205,075
103,982
66,551
A tlantic Coast I.,a .N o v .
666,208
619,10 »
262.766
264,164
July i to Nov. 3 o ... . 3,124,828 3,004,265 1.077,789 1,166,902
Ohio. In d .A L o iils. a.N ov.
381,368
338,058
150,388
121,104
July 1 to Nov. 30 . 2,012,481 1,701.736
839,517
670,285
hie. ft I . A F a o a ..N o v. 2,499,188 2,136,266
810.196
718,650
Apr. 1 to Nov. 3 0 ... .20,248,807 17,669,803 7,409,712 6,174,180
23,700
Oornw’ U A L eb 'n .a .N o v ,
13.960
13,981
4,271
July 1 to Nov. 30 ...
162,869
105,826
81,112
41,010
»eov. A R io G ’de.b.Nov. 1,011,506
988,173
349,129
318,086
July 1 to Nov. 3 0 ... . 5,345.068 5,147,760 2,117,798 1,921,734
etro lt & M soil'd, a Nov.
6 <,160
55,334
10,038
10,439
July 1 to Nov. 3o .. .
331,310
336,920
63,861
96,534
Jr Trunk o f Can. ..N ov. 2,041,052 3,918,100
720,257
695,437
July 1 to Nov. 30
10,681,448 9,849,512 3,740,955 3,542,398
Or. Trunk W est...N ov.
324,116
361,589
54,506
74,916
July 1 to Nov. 30 .... 1,769,932 1,706,716
250,630
238,950
Dot. Gr. H. A M il.N o v.
98,792
96.845
25,793
24,820
July 1 to Nov. iO ...
49 >,010
475,954
135,778
116,312
Illinois C en tral...a.N ov. 3,485,361 3,142,838 1,141,370 1.022.026
July 1 to Nov. 30 .. .17,221,904 15,188,994 5,409,666 4,139,303
29,374
e x in g ’ n & E ast.h. Nov.
23,825
7,852
7,581
July 1 to N ov. 3 o___
169,474
145,867
63,184
50,898
52,802
13,345
ou H e n .A S t l . b . N o v ,
54,488
15,588
300,658
July 1 to N ov. 3 0 ___.
280.613
86,317
93,349
12/55
Macon & BirnaingbN ov.
9,622
4,422
691
52,387
46,007
July 1 to N ov. cO ...
6,396
1,037
18,432
vi exl can Telephone Nov.
10.153
7,357
7,181
159,139
Mar. I to Nov. 30
138.350
70,756
61,707
Nev.-Cal.-Oregou.a.Nov.
15,691
17,043
5,077
6,981
78,8)0
July 1 to N ov. 3 0 ___
73,899
33,851
30,913
433,291
42^,833
'’ acttio Coast C o ..a N o v .
98,256
90,646
. 2,385,116 2,428,486
548,494
July 1 to Nov. 30
635,250
791,067
712,771
129,634
Pere M arq u ette.a ..N ov.
189,256
Jan. 1 to Nov. 3o.._ 8,427,049 7,555,361 1,931,046 1,795,431
250,311
2 87,281
San A n t.A A ra n .P .a N o v .
101,914
116,696
July 1 to Nov. 30 —
1,184,3 >2 1,206,227
421,805
442,000
934,137
Seaboard A ir L in e aN ov.
869,429
291,578
168,314
4.7C6.372 4.305,547 1,570,813
July 1 to Nov. 30
776,795
Southern Par. < o a Nov. 7,481,233 6,727,799 2.812,527 2,454,594
July 1 to Nov. 30---- 36,322,497 32,130,794 13,759,392 11,798,397
689,013
775,493
356,111
348,603
Yazoo A M i88.V aLa.N ov.
818,989
956,062
July l to Nov. 3 j ___ , 2,746,005 2,448,763

In te re st C h a rg e s an d

S u r p lu s * — T h e fo llo w in g

r o a d s , in

n e t e a r n in g s g iv e n in th e

fo re •

g o i n g , a ls o r e p o r t c h a r g e s f o r in t e r e s t , & c , , w i t h t h e s u r p lu s

— f., rentals, etc.---- « <~Bal. of N e t B a r n 's . - *
in
Ourrent
Previous
Current Previous
Tear.
Tear.
Tear.
T ea r.

-*
129
175
4 ,9 1 7
5 5 ,0 7 3
1 1 ,4 6 3

730
"3 ,7 9 1
3 ,1 3 7
2 8 ,9 0 2
3 8 ,5 0 1
434
5 .83 6
4 ,7 4 4
2 7 ,4 4 6

8GOOO
3,001
431
6 2 ,3 2 3
2 1 0 ,4 1 4
8,73 5
1,844
6 7 ,2 2 4

Roadt.
8
$
9
319,000
491,198
316,997
Ohio. R. Isl. A P a o...N ov.
Apr. 1 to Nov. 30___ 2,552,000 2,535,916 4,857,712
203,691
203.991
(140,787
Jen. -a R. G r a n d e . . . Nov.
1,026,465 1,023,605 (1,125,877
July 1 to N ov. 30 —
2,210
2,250
2,-67
Nev.-Cal.-O regon... Nov.
11,250
11,170
22,681
July 1 to N ov. 30 ...
2,704
126,930
112.754
I’ ere M a rq u ette....N o v.
608,442
Jan. 1 to Nov. 3 0 ---- 1,352,601 1,212,811
Southern Pao. C o ...N o v . a 2 ,365.830
...........
*521,336
July 1 to N ov. 30___a li0 6 7 2 5 9
........... *3,124,011

8,771
3 ,4 2 0
2 6 ,0 3 8
8,30 1

R A IL W A Y S

798

AND

T R A C T IO N

C O M P A N IE S .

The following t a b l e shows the groan e a r n i n g s f o r the la t e s t

railways f r o m whioh we a r e able to
tain weekly or monthly returns. The a r r a n g e m e n t o f
Gable is the same a s that f o r the s t e a m roads— t h a t is,
first two o o lu m n s o f fig u r e s g i v e the g r o s s e a r n i n g s f o r
p e rio d o f a ll street

1 0 ,8 4 5
2 8 ,' 85
5 ,0 2 9

$
401,658
3,638,204
(143,702
(925,936
4,731
19,661
76,502
532,620

( These figures are a fter a llo w in g fo r other inoome and fo r discount
and exohange. A ft e r deducting $10,000 fo r Renew al Fund and
bond conversion In N ov., 1901, and $10,000 In N ov., 1900, the surplus
for the month is $130,787, against $133,702 a year ago. From Ju ly 1
to N ov. 30, 1901, the deductions fo r this purpose w ere $50,000,
against $70,001 a year ago, lea viu g a surplus o f $1,075,877 in 1901,
against $855,936 in 1900.
* A fte r a llow in g fo r o th er Inoom e reoelvod
a These figures fo r N ovem ber inolude $1,001,931 appropriated for
betterments and additions to properties and equipment; from Ju ly 1
to N ov. 30 the amount expended fo r these purposes was $1,256,191.
STREET

6 6 ,5 1 5

8 2 8 ,4 7 6

$
3,099,719

A b o v e o r d e fic it b e l o w t h o s e c h a r g e s .

12,731

1 ,0 7 7 ,7 7 8

P e r C en t.

It will be seen that there is a gain on the roads reporting in
the amount of $3,099,719 or 5-35 per cent.

id d i t io n to t h e i r g r o s s a n d
2 9 ,7 5 1

........

In c r e a s e .

a N et sarnings h e r e g iv e n a re a ft e r ded u ctin g t a x e e .
b N e t earnings here g iv e n a re b e fo re ded u ctin g ta x e s .

4,483
1,091

2 0 .5 0 0
3 1 ,4 7 2
820
1 0 6 ,0 7 8
756
3 8 ,7 7 3
45 ,7 15
8,92 1
2 1 ,3 5 5
8 ,7 3 2
19 ,2 06

1900.

$
$
‘Iross earnings (75 roads) 61,014,397 57,944*678

Previous
Tear.

$
$
81 1,1*40,320 1,472,515
30
47, 0
39,528
31 5 238,824 4 848.281
30 15 073.7V4 13,927,5'5
30 24 968,33 22 867,625
30 2 ) 248,8i 7 i 7 669 803
30 i0,2 i 0,142 9 4 62 240
936,720
31
728 3 0
80 1,0'4,374
911,4 66
30
149,58
143,236
30 1 950 006 1,624,956
31 5 024,408 4,486,576
31 25 563,141 22 233,290
31 19 642,095 16.496 050
30
88 51 1
99,6 >9
31 17 470,792 i7 2L5 K66
80 5,413,780 4 904,146
3t 7.«1 1 410 7,716,107
21 4 241 800 4.391 8 0
21
632 728
001 889
31 15.256,958 0 8 5 196
31 1,312,4 7 1,335,311
31 30 910 82- 12,365 473
30 1,276,387 1,267.549
30 7,624 10- 7.088,703
30 8.071,166 4.817.6.0
30 35 493 00- '7.759.008
30
Inc. 6.1 96 1 00
31 9 136 16< 8,245,699
81 5,679.167 4 092,3 1 1
30
990,559
964 459
30 18 904 658 '7.291 446
522,257
31
506.450
0
176,741
159,077
30
51 7< 7
52.188
30
202 452
169 759
30
139,467
133,488
47,117
3(
48,521
31 1 .713 550 9 751.121
1
30 3 465 584 3,276,084

1901.

M o n th , o f D e c e m b e r .

i Latest tiros * Earnings.
R oads.

[V l lxxiv,
o.

ob
th e
th e
he

la te st w e e k o r m o n t h , a n d t h e la s t t w o c o lu m n s t h e e a r n i n g s
2 4 9 ,2 9 7

tor t h e c a le n d a r y e a r f r o m J a u u a r y 1 to a n d i n c l u d i n g s u c h
la te s t w e e k o r m o n t h .

THE CHRONICLE

January 11, 1902,]

!)1
9

STREET KAIL WAYS AMIJ TRACTION COMPANIES.
L a te st

G ross

Jan.

E a rn in g s ,

1 to

L a test P a ir

G r os s

ex [tenues d ’o l n g the year for the following: Improvement of grade,
$10,372 ; 4 new passenger ears, $25,850 ; pili.olpal of equipment obli­
gati ns, $32.» 0 . A ll available Income has been expended upon the
track and equipment.
T h e e a r n in g s , e x p e n s e s a n d b a la n c e s h e e t

E a r n in g s .

W
eek, or Mo Vur’nt Prev’ut
Year.
Year.

Alton Ry. Gas & Eloo.
American K’ys. Do.*
Augusta (Ga.) Ry. A
Eleo......................
Binghamton RR.....
Br’klyn Rap.Tr. Co.
Chicago A Mil. Elec..
Oin. Newp. * Cov—
City Elec. (Rome.Ga.)
Clev.ChagrinF’s El'o
Cleveland A Eastern
Cleveland Electric ..
Oleve. Ely & West...
Oleve. Palnsv. & E...
Consol. Trao. (Pitts.)
Dart. A W ’port St. Ky.
Denver City Tram....
Detroit United........
Rapid Railway.....
Xotftl
Dulnth-Sup. Tract. )
Dnlnth St. Ry— Y
Elgin Aurora & Sou
Galveston City.......
Harrisburg Traction.
Internat’l Traotion—
(Buffalo)..............
Lehigh Traction.....
London 8t. Ry.(Can.)
Mad. (Wls.) Traction
Mass. Elec. Co.’s.....
Montreal Street R y.
Muscatine St. Rv ..
New Castle Traotion.
New London St. Ry..
Northern Ohio Tract.
Olean St. Ry........ ..
Philadelphia Comp’y
Pottsv’e Union Trao.
Railways Co. Gen.—
Roads....... ..........
Light Co’s............
Richmond Traction.
8acramento ElectricGas A Ry............
8t. Louis Transit___
Schuylkill Traction.
Scranton Railway.
Sioux City Tract.....
Southern Ohio Tract
Staten Island Elec
Taooma Ry. A Power
Toledo Rys. A Light.
Toronto Ry............
Twin City Rap. Tran
Union (N. Bedford).
United Traction— >
Albany City {
United Tract. (Pitts.)
United Tract. (Prov.)

Current
Year.

November
December.

$
$
$
11,712 10,006
82,370 68,201 878,566

October...
November
October.
November
September
November
November
N vein her
December.
No vein her
November
Not eoobei
Novemb- r
November
4th wk Deo.
4th wk Dec.
qtliwk Dec.
.
November
December.
No \ember
October. ..

18,031 15,775 169,95<
15,107 13,6 If
185,10:
1
,087.106 991,454 10163940
12,041
159,454
9,782
- - - •. . .
. . . . . . .
610,645
3,177
37 67
3,00<
43,670
4,:t)6
4.227
7,753
5,591
82,91<
199 b88 185,53.’ 2,296.898
21 125 15,813 229,853
13 22- 10 9/5 153.0 -1
200,839 235,54f 2,796.396
8,007
7,450 113,731
118.883 10 *,768 L 374.781
89 999 77.518 2,913,748
____ ____ _
8,0 1 7,862
98,610 85,3«0
38 956 37,151- 412,901
30,199 27,595 361,603
lo,010
32,163 27,103

October.
November
'ecetnber
November
November
December.
Navem br
November
November
November
November
November
October.

580 501
10.419
12 947
5 506
431 036
156.712
6.531
9,474
3,865
49 2*8
4 200
288,971
13.737

Freviou •
Year.
$
796.108

Earnings—
Passengers.............. .......
Freight.................... .......
Mail, express, etc — ......

1900-01.
$
309,750
718,058
129,271

1899 00.
$
288.678
059,171
130,055

1898-99.
$
262,297
(, 90,238
124,122

1897-98.
$
253,783
607,4( 0
121,408

976,657

982,651

186,768
90,876
398,528
30.063

189,838
77,138
411,204
31,252

706,855
(72-37)
269,802

709,532
(72-21)
273,119

195.800
28,262
45,391

195,800
26,021
45,730

269,453
349

267,551
5,568

...

Total................. .......
Balance, surplus..... .......
312,314

7,167,143
1,798,518
62.658
119.556
57.814
475 310
46.9?8
2.206,580
120,008

200,7(2
17,850
169,748

156 909

12,603
1,86(
20,72'

EARNINGS ANI> EXPENSES.

157,049
Total........................ 1,167,079 1,077,904
166 109
Expenses—
10066066
227,086
131 066 Maintenance of way, etc.. 2f 6,483
126,224
Do.
of equipment 142,924
588,710
423,128
36.976 Transportation....... ....... 448,559
30,6:4
u0 458
45,152 General.................. .......
57,722
....... 878,635
806,896
Total ................
2,061 585
(74 86)
161.674 P, o.of oper. exps.to earns. (75-93)
1S11H6 Net earnings........... ....... 278,444
271,008
2,003,140
Expenditures—
95.706 Interest on bonds. .......... 195,800
196,800
1,187 728 Other interest.......... .......
31,290
31,233
2,570.375 Taxes..................... .......
43,2/9
50,090

234,1 52 3,998.737
8.101
118,228
11,043 141,845
64,26c
401.709 5,431,203
147.4u3 1,910,314
5,915
05,779
7,141
115,080
3,55*
64,4 65
40,932 563,527
3,934
49,629
209.670 2,745,743
11,082 143,774

November 16,101
2,083
November
September 20.991

h a v e been :

2,216 663
101,711
119,109

270,262
746

277,180
1,264

BALANCE SHEET JUNE 30,

1900.
1899.
1898.
1901.
$
A ssets—
$
$
$
Road and <qulpment ....... 9,474,180 9,506,986 9,327,173 9,304,660
89,961
81,525
79,474
Cat-h........................ ......... 88,7/0
34.421
57,954
66,208
Due from RRs .agents,etc. 51,966
23,-32
28,672
63,318
Moterialsand miscel. aoots. 58,858
224,106
244,565
2*4,918
Balance income acconnt.. 222,843
Total assets................ 9,896,568 9,910,356
Liabilities —
Canlta! stock....................4,076,900 4,076.900
First mortgage bonds...... 4,895,(00 4,895,000
Coupon scrip... . ............. 220,275
220,275
Acorued lnt on scrip, etc.
8,496
9.137
Vouchers, etc.................. 135,954
116 055
Coupons matured.........57.040
86,860
Bi le pay. and equip, obi.. £02,903
505,509

9,732,497 9,734,449
4,076,900 4,076.900
4,195,000 4,895,000
220,695 220,695
10,137
9,719
95,892
114,944
78.000
84,400
355,273
332,792

Total liabilities......... 9,896,568 9,510,356 9,732,497 9,734,449
- V . 71, p. 961.

32,37? 380,304 340.800
B o s to n E le v a te d R a il w ay.
436,762 5,312,79 4.004.924
10,18’
140,097 115,676
( Report for the year ending Sept. 30, 1901. J
48.780 508,180 504,850
188,678
14,59(
P r e s id e n t W i l l i a m A. B a n c r o ft s a y s in p a r t :
24,744 337,741 294 907
47,155
49,729
General Results.—7he operation of the elevated road from Dudley
31,96-4 26 03(
346 397 565.185 St., Roxbury, to Sullivan Square, Charlestown, by way of the Sub­
86,169 77,599 1,270,875 1,1*8,269 way, was begun on Jane 10, and of the part called the Atlantic Avenue
145.39? 127.090 1,636,861 1,484,597 loop on Aug. 22. 'I he Increase In traffic revenue duriDg the months
2c 8,517 239 713 2.879 634 2,582,535 in which the elevated road was in operation, as compared with the
21,797 19,016 256,470 230,487 increase in the corresponding months of the previous year, was 8-57
p<-r cent. The average increase for the
118,79. 111,338 1,244,449 1,230,142 per cent, as against 3 54 three previtua years was 4-47 per cent. corre­
sponding months of the
Not171,425 153,65'
w.thstiLdir g that the elevated system didnotw orkatfirstw ithpreNovember 203DOI 189,287 2,456,5 89 j 2,174,3 29 ti-ion. it has given from the outset genuine rapid transit From the
first the trains have been well filled, and the marked abandonment
of parallel surface lines for the elevated road has proved conciu.ively
i These are results for properties owned,
Its popularity with the traveling public. The total number of subway
t Strike of employes in October, 1901.
passepgers during the year was 25,373,167.
Improvements, Etc.—The company has put into service its two new
engines, each of 4.050 horse power, operating a 2,700 kilowatt genera­
S t r e e t Railway N e t E a r n i n g s . — T h e f o l l o w i n g t a b l e g iv e s
tor, at the Lincoln power sration. Provision has been made for two
of corresponding size, one at
the r e t u r n s o f Street r a i l w a y g r o s s a n d n e t e a r n i n g s r e c e iv e d other engines and generators Charlestown power station. the Lincoln
power station and one at the
When these
this w e e k . I n r e p o r t i n g th e s e n e t e a r n i n g s f o r th e s tre e t are installed, the company will have a motive power of 55,316 horse,,
or 3e;,944 kilowatts, at normal capacity, capable of sustaining an
r a i l w a y s , w e a d o p t t h e s a m e p la n a s t h a t f o r t h e ste a m
overload of 15 per cent for hours of 5,542 kilowatts In addition, so that
under stress the generators ought to supply power to the amount of
r o a d s — t h a t is, w e p r i n t e a c h w e e k a l l th e r e t u r n s r e c e iv e d
63,6i 2 horse, or 42,486 kilowatts.
During the year l?-7 miles of surfaoe track have been built, so that
that w e e k , b u t o n c e a m o n t h (o n t h e t h i r d o r th e fo u r t h
the surf ace track operated by tbe company 1 now 392-8 miles, end the
«
S a t u r d a y ) , w e b r i n g t o g e t h e r a l l th e r o a d s f u r n i s h i n g re
elevated track 15 ft miles, making a total mileage of 4,08-3 miles. The
turns, a n d t h e la t e s t s t a t e m e n t o f t h is k in d w i l l b e fo u n d surface roadbed of the company has been maimalned in thorough re­
pair. To the surface equipment were added lOu twelve bench open
In th e Ch ronicle o f D e c e m b e r 21, 1901,
T h e n e x t w i l l a p ­ cars of the company’s siandard pattern, 25 lODg box cars of the stand­
ard pattern, 24 electric suow-plows, £0 snow sleds and 400 motors.
November
November
December.
October...
November
December.
September
November
December.
December.
November
November
November

36 093
47 9.390
10 356
12,638
16.272
25,309

p e a r In t h e is s u e o f J a n u a r y 18, 1902.

.

Gross Earning*.—
Previous

C u rren t
Yea r.

Y ea r.

---- N e t Earnings,—
C u rren t
Y ea r.

Roods,
$
$
%
Cleveland Eleo.—
Jan. 1 to Dec. 31.... 2,296,098 2,061,535 1,030,715
11,620
Elgin Aurora ASo.aDec.
30,199
27.595
105,991
June 1 to Deo. 3 i . ..
226,631
195,544
South. Ohio Traot. Deo.
10.528
25.309
24,744
151,787
Jan. 1 to Deo. 31....
337,741
291,907

P re v io u s
Yea r.

9
940,167
9,377
71,986
10,405
140,542

The following S treet
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., with the
surplus or deficit above or below those charges.
—I n t . , r e n t a l s , e t c . --- r-Kai. of I f e t E a r n ’ s . In te re s t

C h arges

and

S u r p lu s .—

C u rren t
Yea r.
Koads

Cleveland Electric.—
Jan. 1 to Dec. 31....

O u rren t
Y ea r.

P re v io u s
Yea r,

$

*

«

244,230

258,483

780,485

P re v io u s
Y ea r.

4

Statistics.— E a r n i n g s ,
y e a r s w e r e a s f o ll o w s :

T o le d o P e o r ia &

W e ste rn

R a ilw a y .

( Report for the year ended June 30, 1901.)
P r e s id e n t E . F . L e o n a r d s a y s in s u b s t a n c e :
The number of cross-ties lined during the year wan 116,059, costing
$47,386. 1, 67 tone of new el eel rail (70 lb.) have been bought and
laid during the yen r. In addition to all ex peri nee of maintenance of track
arid equipment, $77,820 have he< n p aid out and charged to operating

e tc .,

fo r

fo u r

1900.
$
10,141,209

1899.
$
9,671,440

1898.
$
9,179,096

858,835

835,000

790,323

1.022,002
579,109
4,368,104

1,309,198
602,521
4,080,431

1,150,728
624.543
4,000,990

Total oper. expen.. 7,336,597
Net earnings... 3,456,3/6
Other income.......
76,503

6,8/8,110
3,313 0 9
1
95,785

6,827,150
2,841,290
84,696

6,566,584
2,612,512.
78,156

Total Income.. 3,532,899
Charges................ 2,896,360

3.408,884
2,932,839

2,928,986
2,615,387

2,690,66c.
364,091

Balance..........
638,539
476,045
313,599
326,577
Dividends......... (5%) 575,000 (4^) 337,500 (£i*)262,5G0 (214)112,500
Surplus...........

681,684

REPORTS.

ch arges,

1901.
$
Gross earniDgs..... 10,792,993
Operat’g expenses—
General................
698,046
Maintenance—
877,516
Rand & buildings
Equipment........
709,335
Transportation___ 5,051,760

Assets—

ANNUAL

expen ses,

61,539

138,545

51,099

BALANCE SHEET BOSTON ELEVATED RY. SEPT. 30.
1901.
1000.
lfcOl.
t
L ia b ilitie s —
*
t

C o n stru ctio n , eq u ip ­
m en t, e tc ............... 8 ,936,801 4,157,182
Cash............................ 03(1,800 7,088,637
Hills and acco u n ts
receiv ab le.............. 409.313 200,187
D eposit with S ta te 60(1,000
6t0,000
M aterial autl o th e r
216,429
p ro p erty
...
004,11-2
W est End aecounts.4 ,020,046 2,684,02rt
M iscellaneous s t ’ks
842,862
an d b o n d s............. 314,862
T o ta l.................. 15,186,674 16,088,776
-V. 73, p, 1350.

214,077
I960.
«

10,000.000 io.oco.ooo
Comm on stock
0 9 5 ,7 2 0
V ouchers & aec’ts. 421,050
37ft, O
i-O
N otes payable........
1 4 9 ,0 6 7
Salaries and wages 133.049
39,698
46,284
lliv and coupons..
817,076
R en tals unpaid .. 31 ,976
1 3 1 ,8 2 5
131,8:6
do
n o t d u e ...
9 6 2 ,5 8 5
In t. \ ta x e s not due 1,027,623
1 0 ,6 6 5
20,282
T ick ets. cti’cHs, Ac.
1,227,208 1 , 2 2 7 , 2 0 8
YVost E nd lease ac.
IlHTuage A o th . I'd. 1,323,204 1 , 1 4 3 , 2 6 3
401,970
S u rp lu s.................... 403,509
T o ta l.................. 15,186,671 16,088,776

92

THE CHRONICLE.

Albemarle & Chesapeake Canal Co.
('R e p o rt fo r the fiscal year ending September 30, 1901, J
President W. G. Elliott says iu part:
or.NKh 11 Hr-ia.i-v 1
’h.e receipts from all sources wore #51,900,
while the expenses of maintenance and operation were $la.488, leav­
ing a net re venue or #33,417 applicable to payment of Interest on the
funded debt »nd showing a deficiency thereafter of $1,583. As com­
pared with the previous Usual year there was a gain of #10,905 in the
net revenues- This was Urgely due to the fact that during the fiscal
year the canal of the Lake Drummond Canal & Water Oo. was closed
for several months for repairs. While the net revenues were so nearly
sufficient to pay the interest on the bonds, yet the hoard had to make
temporary luans to meet the maturing coupons because of payments
to meet the large deficiency of the previous years. There has been a
gradual decrease in the expenses of maintenance and operation. There
still remains to the credit of profit and loss #163,917 after deducting
the deficiency for the present year.
K k D i i.'tioN o f I n t e r e s t .— In our last annual report we made refer­
ence to the fact that It would be necessary to make some arrange­
ments with the holders of our 7 per oent bonds for a reduction In the
rate of interest. As a result of our efforts some of the larger holders
of these bonds have agreed to act as a committee to undertake to
bring about a proper adjustment. While quite a number of the bonds
have already been deposited, yet as they are scattered among many
holders, it has been difficult to get them together, but there is reason
to hope that the object w ill be accomplished and the rate of Interest
finally reduced to such a figure as will enable the company to meet its
fixed charges without the use of Its credit in making temporary loans.
(See V. 72, p. 1035.)

The Jan. (1902) coupon was paid as usual.—Y. 73, p. 139.
Edison Electric Illum iuating Co. o f Boston.
( Report fo r the year ended June 30, 1901,)
President 0. L. Edgar says:
The extensions on the Atlantic Avenue property referred to In the
last two annual reports, have now been completed, and the new in­
stallation has been In successful operation for some months. A vir­
tual amalgamation with the Boston Eleotrln Light Co. was accom­
plished on June 24, 1901, although the various legal steps necessary
xo complete the transaction was not carried out during the fiscal year
of wbioh this is a report. For this reason this report covers only the
affairs of the Edison Company.
EARNINGS AND EXPENSES,

1900-01.
Gross earnings........ ................$1,273,989
E xp en ses ....’. ..................... .
885,386
N et

J i-.
>

189900.
$1,131,758
725,537

1898-99.
$1,002,261
664,017

$100,221
CONDENSED BALANCE 8HEET JUNE 30.

$338,244

............ .........
1901.

$

$138,603

1900.

$

Cr.

1901.

$

1800.

$

Installation............. 4,308,182 4,269,602
Unfinished Install’!!. 1,309.920 230,929
Liverp’l W harf Eat’te 226,912 22o,»12
C ash.......................
84,655 141,998
Stock on hand..........
78,441 43,845
Notes receivable .... 36,602
30,598
Accounts receivable. 8*,773
78,10/
Open accounts......... 88,152 ..........

Capital stock............ 4,310,500 3,920,000
Instal. on new stock.............. 161,735
Trust mortg’e bonds. 180.000 180,000
Accounts payable_
_
92,178 29,531
Notes payable.......... 700,< 00 100,000
D ivid en d s.............. 107,762 78,400
Sundry open acc’ts,.. 41,403
20,903
Reserve for maint’ee. 506,000 432,000
Premium on new st’k 333,535 40,660
Profit and loss........ . 15,109
62,761

Total.......... ....... 0,286,488 5,025,991
—V. 78, p. 1210

T o ta l.................. 6,286,488 6,026,991

Nova Scotia Steel & Coal Co., Ltd.
( Statement o f November, 1901.)

In connection with the bond offering mentioned in V. 73, p.
64, the company makes the followings tatement regarding
its bnsin ess and profits.
C a p i t a l i z a t i o n .— Common stock in $100 shares, $5,000,000; pre­
ferred 3 per cent cumulative, in $100 shares, $ 2,000,000; first mort­
gage 6 per oent gold bonds (1,000 bonds $500 each and 2,000 bonds
$ 1,000 each), $2,500,000; total, $9,509,000; of which in the treasury
for future needs: Common stock, $1,910,000; preferred stock, $970,OOO, The mortgage provides for periodical payments after July i ,
1903, to the trustee, of amounts sufficient to redeem the whole issue
during the term of the bonds, and a supplementary deed provides that
if the quantities of iron ore and coal sold in any one year shall exceed
275,000 tons and 500,000 tons, respectively, as estimated in this pros­
pectus, an amount equal to 10 cents per ton on such additional ton­
nage shall be paid to the trustee and applied toward the redemption
of the bonds. These bonds are issued fo rtb e purpose of redeeming
the short-date bonds amounting to $1,500,000 which were issued for
the purchase of the property of the General Mining Association; the
balance to be applied for the development of the coal mines, the erec­
tion of shipping piers, coke ovens, coal washing plant, new furnaces
and other improvements.
H i s t o r y .— In Jan., 1895, the Nova Scotia Steel Co. acquired thefnterests of the New Glasgow Iron, Coal & Railway Co. and of the Nova
Scotia Steel & Forge Co., and carried on the business previously con­
ducted by these companies until the present year. In the year 1900
the Nova Scotia Steel Co. purchased as a going concern the business
and property of the General Mining Association, including its leases
of the Sydney Mine and Point Aooni areas, which contain a superior
quality of coal, with good facilities for shipment. The Nova Scotia
Steel & Coal Co., Ltd., has acquired the whole business, property and
assets of the Nova Scotia Steel Co., Ltd., as a going concern.
P r o p e r t y .—The properties now owned consist of:
1. Lan ds, shafts, buildings, plant and railways used in connection
with the coal mines, together with the leases of the coal areas ac­
quired from the General Mining Association. These areas (14,900
acres) extend from Sydney Harbor to the entrance of the Great Bras
d’ Or, and are estimated to contain 216.000,OOO tons of coal. The
Point Aooni areas have not yet been worked.
2. About 7,821 aeres of freehold land in Cape Breton.
3. A freehold iron mine, situated at Bell Island, Conoepoion Bay,
Newfoundland, and estimated to oontain 6,000,000 tons of red hema­
tite ore. [The average iron contents of recent shipments to United
States was over 55 per oent. The mine is equipped for an output of
over 300,000 tons during the shipping season; boats of 6,000 to 7,000
tons capacity have been loaded at the rate of 1,060 tons per hour.]
Also several deposits of iron ore held by the company,in fee simple or
by lease, in Nova Scotia.
4. Leases of coal areas, containing two coal seams of good quality,
one of which is now being opened up, situate within 6 miles of the
steel works at Trenton.
5. A standard-gauge railway, 12is miles in length, with 3-87 miles
of sidings, with rolling stock in Pletou County, Nova Scotia.
6. About 160 acres of freehold land at Ferrona, Nova Scotia.
7. A blast furnace, coal washing and coking plant, built In 1892, at
Ferrona, with a capacity of 100 tons of pig iron per day.
S About 50 aeres of land at Trenton, near New Glasgow, on wbiob
arc the steel works, consisting of four steel melting furnaces, together
with the rolling mills, forges and other plant, capable of turning out
100 tons of finished steel per day. Over 4 aores are actually covered

[V ol . LX X IV .

by buildings, and the tramways In and about the works aggregate
about 4 miles in length.
9. Large limestone and dolom ite properties, o f excellent quality, In
the county o f Cape Breton.
10. N et assets represented by cash balances, book debts and stook
in trade, (These amounted to $685,789 on Jan. 1,1901.)
Value of entire property, exclusive o f good-will, appraised at $4,250.000 to $4,500,000.
C o a l a n d O r e O u t f o x . -The coal areas near Trenton are now be­
ing opened up, and by the close o f the present year that property w ill
supply all the coal required for steam and heating purposes at the
steel works, Trenton, In order to Increase the output from the Cape
Breton areas, which during the past three years has averaged about
2 50,000 tons per annum, It is intended to open one or more new oollieries on the property,by which It is estimated that the output w ill be
increased to about 600,000 tons per annum. The company has sold for
delivery during the present year about 300,000 tons of its iron ore, of
which 60,000 tons w ere sold fo r delivery In Philadelphia, and about
240.000 tons in Germany and Sootland; and the company has already
sold for delivery in Germany 160,000 tons In 1902 and I2O.000 tons
In each of the years 1903-4-5, all at prices whioh should yield a satis­
fa ctory profit to the company.
P r o f i t s .—The profits o f the combined business fo r the year 1900,
exclusive of boun ties, as certified by the auditors, amounted to $530,581, and for the three years, 1898-1900, averaged $379,380 yearly. In
addition the company received by w ay o f bounties on p ig iron and
steel ingots from the Governm ent of Canada, #398,506, being a yearly
average of $132,835. The total profits fo r the three years, including
bounties, amounted to $1,536,646, being a yearly average o f $512,215, These results, so fa r as the coal mines are concerned, were ob­
tained notwithstanding the ineflloienov of the mining plant at Sydney
Mines. From the proceeds o f the present Issue o f bonds the mines
w ill he equipped w ith modern machinery and plant. Unless further
legislation is enacted, the bounties payable by the Government of
Canada w ill be reduced annually after A p ril 23, 1902. and w ill expire
on June 30,1907. [See Dominion Iron & Steel Co., V. 71. p. 1122.]
STATEMENT OF F O R M E R NOVA SCOTIA STEEL CO. FOR YEAR
ENDING DEC. SlBt, 1901.

Profits for the year................ ..................................................$655,273
Balance brought fo rw a rd ....... .................................................. . 47,883
Total ava ila b le................

$702,156

Deduct—

Dividend, 8 per oent on preferred stook............. ..................... $82,400
Interest on m ortgage bonds (replaced by new issue o f 1901).. 45,726
D epreciation......................
20,000
R eserve fo r bad debts...................................
10,000
P lan t renewals .......................................................................... .200,000
Dividend on 10 per cent ordinary stock, paid March 9,1901___ 103,000
Balance, surplus................................................................... $242,030
ESTIMATED FUTURE AVERAGE YEARLY PROFITS AFTER DEVELOPMENT
PROVIDED FOR ABOVE.

From sale o f 275,000 tons (2,240 lbs.) o f iron ore at 70 cts....$l92 ,500
From sale of 500,000 tons <2,240 lbs.) of coal at 80 cts____ __ 400,000
From Iron and steel w orks...................... ................................ 150,000
Being a yearly average profit o f . . ..................................... $742,500
Deduct interest on bonds at 6 p. o. and sinking fu n d ............ $200,000
D ividend on preferred stook at 8 p. o ..................... ................ 82,460
L ea vin g for dividends on common stock, depreciation and
reserve.................................................................................... $460,100
- V . 73, p. 1064, 86.

Sw ift & Company,
( Report for the year ending Dec. SI, 1901.)
The annual report shows results as below:
10.
91
1900.
Total distributive sales.$200,000,000 5170,000,000
Dividends.......
(7#) 1,400,900 (1%) 1,400,000
manufactured product

L a rd .

1901.-277,1
1900..245,7
1899..230,1
1898..196,2
1807..161,7
1896..129,1
1895.-110,8

1 98
8 .

$150,000,000
W)

883,028

(in pounds—00,000’s omitted),

Wool. 'O il. Glue. Rides.
6,9
4,5
7,0
101,6
4,1
6,8
6,9
98,0
6,5
3,9 6,2
90,7
3,9 5,5
90,1
6.5
5,3
3,5 5,7
78,9
5.1
73,9
3,8
3,3
3,1
4,9
4,9
70,1

*Neatsfoot.

1 99
8 .

$160,000,000

(7%) 1,400,000

Fertilizer.

162,0
119,1
104,7
86,2
66,9
63,9
60,7

Other
oil.

t Tab

64,4
60,0
61,6

S7,0

65,2

53,7
48,4
41,6

jBut-

low. ierine.
40,1
13,5

31,3

26,0
24,2

23,4
16,9

12,1
11,7
8,1

5,5
7,5
6,4

f Including grease.

The latest balance sheets, those of Sept. 29, are given as
follow s:
BALANCE SHEET SEPT. 29.

Assets_
1901,
Real estate, etc............................... ..$12,167,616
Unexpired insurance...................
88,773
Horses, wagons and h arness.......................
105,0i3
Investments, including branches.... 3,485,785
Quick assets—
Sundry stocks..............
1,621,704
Cash....................................
1,332,112

Acoounts receivable....... ............

7,438,652

Equ ity over amount drawn on conslgn’ts 3,444,37S
L iv e oattle, sheep, hogs, dressed beef,
Ac., on hand....................
12,920,260

Total assets . . . . . . . . . . . ......................$42,604,433
Xjicib
Capital stock paid In...........
,$20,000,000

Bonds................................ ....... . . . ___ . . . . .

3,600,000

Bond interest accrued..............................
63,287
Bins payable...........
10,796,630
Accounts payable...............
2,092,077
Due Swift & Co.’s connections................... 2,406,332

1900.
$11,680,049

67,601

101,288
3,893,901
1,814,658
1,362,439
6,525,624
2,090,021
9,185,039
$36,720,621
$ 20,000,000

2,500,000

3,746,005

9,271,798
883,859
1,618.959
2,446,005

Total lia b ilities...... .............................. $42,604,433

$86,720,621

Surplus..........................

—V. 73, p. 1268.

United States Oil Company.
( Report for year ended September 30, 1901.)
The report, signed by acting President Edward R. Andrews,
says:
The low price of crude oil which has prevailed during most of
the past year has caused your directors to drill only such wells as
were absolutely neoessary t,o maintain a production of 1.000 barrels
per day. Twenty-six wells only have been drilled this year, whereas
96 wells were drilled last year. The debt of the company, amounting
Sept. 30, 1900, to $87,807, has been entirely paid, and nil the c\
pauses of drilling new wells and purchase of equipment, have been
charged to operating expenses. Developments lu >uo field have show it

January 11, 1902.J

THE CHRONICLE

th a t most of our leaseholds are within the probable lim its of oil te rri­
tory. As heretofore, we have sold our oil from week to week a t the
ruling prices, and our relations rem ain friendly with all our busi­
ness connections. The num ber of stockholders of the com pany Is
1,262. The directors have no t believed It good business Judgm ent
during the p ast year to a ttem p t to pay any dividend whatsoever; they
hope, however th a t the way will be clear in the near fu tu re to resum e
dividends.

^3

000 additional consolidated first .m ortgage and collateral
trust 5 per cent bonds o f 1984.— V . 72, j>. 818.
Canadian N o rth e rn It y.— Line, Practically Completed.T h e “ practical co m p le tio n ” o f the lin e from Fort Arthur to
W in n ip eg was celebrated on the 80fch ult. at the station of
A tikok an by the d rivin g o f a silve r spike.— V. 78, p, 015.

Th e incom e account fo llow s :

Canadian F a c illc It y .—Called. Five per cent land grant
bonds o f 1881 to an agg reg ate o f $500,000 have been drawn,
1900-01.
1899-00.
1898-99. and w ill be paid at 110 and interest on present at ion at tip$695,963
Reoelpts from sales of oil..................$383,279
$638,162 office o f the Treasurer in M ontreal; interest ceasing March 1
.
E xpenses...................................1......... 148,748
160,217
167,280 902,— V . 73, p. 722.
Profits on oil.................................$234,581
$535,746
$470,882
C e n tra l R R . o f N e w J ersey .—Dividend increased.—The
D ividends.............................................................
275,000
318,750 directors on M onday declared a dividend o f 2 per cent fo r
$260,746
$152,182 the last qu arter o f 1901, against l j ^ per cent qu arterly since
Undivided profits........................$234,531
There was also received in 1898-99 as prem ium s on new stock sold February, 1900. T h e R eading Com pany a year ago purchased
$330,755, making a to tal Income for the year of $482,887. In 1900-01 $14,500,000 o f the $27,277,800 capital stock, and on account o f
there was received as “ other income ” $2,872, and $88,707 was the same issued $23,000,000 4 per cent collateral trust bonds,
charged to construction and $10,667 to leaseholds and rentals, leaving in vo lv in g an annual interest charge o f $920,000. A t 8 per
balance for the year $137,930.
cent per annum the stock owned by th e R eadin g w ou ld
ASSETS A N D L IA B IL IT IE S SEPT. 3 0.
yield $1,160,000 yearly.— V . 72, p. 987.
1801.
1900.
1900.
1900.
A ustp.fjt—
—
^
jjj
Liabilities—
$
t
C h a grin F a lls & N o rth e rn R R .— Sold.— This road, fo r­
N o tes & a e c t s r e c ’ble
1,171
82,995 Capital stock............ 2,500,000 2,500,000
C a sh .........................
88,240
5,229 N o tes payable.........................
87,500 m erly a branch o f the C leveland Canton & Southern, has
Oil on h a n d ..............
13,365
19,424 G eneral M a n a g er.. .
.........
302
been purchased at foreclosure sale by Clarence E. Sanders fo r
L e a s e h o ld s ...............2,480,153 2,480,163 P ro fit an d loss acc’t. 137,930
........
$50,000, presumably fo r the Pennsylvania R R . Co.
A m . G D. Co. shares.
55,000
...........
C h icago G re a t W estern R y .— Listed.— T h e N e w Y o r k
T otal assets
.2,637,930 2,587,802
Total liabilities. .2,637,030 2,587,802
— V . 73, p. o53.
Stock E xchange has listed $2,060,000 additional common
stock, m aking the tota l am ount listed to date $23,376,800.
Th is additional com m on stock is to be used in part paym ent
G EN ER AL IN V E S T M E N T N E W S.
o f the purchase price o f properties as follow s:
Com pleteaportionof Dul. Red Wing & South. Ry., 5,600 shares $560,000
Completed portion of Winona & West. Ry., 15,000 shares__ 1,500,000
R A IL R O A D S . IN C L U D IN G S T R E E T R O A D S .
- V . 73, p. 1263.
STATEM ENT OOT. 1 TO S K IT . 30.

A la b a m a N e w O rlean s T ex a s & P a c ific J u n ctio n R a i l ­
w ays Co., L im ite d .— Interest on “ B ” and “ C ” flncomej
Debentures —T h e coupons o f the “ B ” debentures due N o v.
1, 1901, w ere paid on and a fter Jan. 9, 1902, b y G lyn , M ills,
Currie & Co., 67 L om b ard St., London, E. C. Th e amount
available fo r interest on the “ C ” debentures fo r the year
1901 cannot he definitely settled u n til the accounts have been
audited, but the directors anticipate that it w ill adm it o f a
paym ent o f £2 12s. 6d. per cent.— V . 73, p. 81.
A m h erst & S u n derlan d S tre e t R y .— Ronds.— Th is com ­
pany recen tly applied to the Massachusetts R ailroad Com ­
mission fo r au th ority to issue $30,000 bonds. “ These are
to be 20-year 5 per cent g o ld bonds, and w ill make our
total bond issue $51,500, all secured by a first m ortgage. Our
capital stock is now $53,000.”— V . 73, p. 615.
A sh lan d ( K y . ) C oal & Ir o n R y .— Separate Coal Mining
Company.—Ho conform to existin g law s the company has
transferred to the Ashland Iron & M in in g Co. all its busi­
ness o f m ining coal and m anufacturing iron .— V . 71, p. 27.
A tch is on T o p ek a & San ta F e R y .— Bonds—I t was re­
ported. yesterday that the company is contem plating m aking
a n ew issue o f bonds to pay fo r recent acquisitions, equip
m ent, etc. A n official statem ent o f the capital expenditures
from Jan. 1,1896, to Sept. 30, 1901, was given in the C h r o n ­
ic l e o f Dec. 21, 1901 (page 1311), show ing that during the
period mentioned w o rk in g capital and incom e and better­
m ent fund w ere draw n on to the extent o f $17,613,207 to
m eet such expenditures. A n order fo r 4,250 cars also has
recen tly been placed w ith the A m erica n Car & Foundry Co.
— ‘V. 73, p. 1355.
B a lls to n T e r m in a l (E le c t r ic ) R R .— New Mortgage.— This
company, organized under the railroad la w o f tnis State,
w ith $1,500,000 authorized capital stock (representing the
present lines and also proposed extensions to Am sterdam ,
Johnstown and G lo v e rs v ille ), has issued a pam phlet regard­
in g its n ew issue o f $1,200,000 o f m ortgage 30-year 5 per cent
g o ld bonds. T i e circu lar says:

The company proposes to issue a t once $800,000 of said
bonds, of which $385,000 to retire the present $250,000 bonds, to
discharge all floating debt, and to enlarge the pow er station and build
certain necessary tracks a t Ballston Spa. The rem aining $415,000 of
said $80o,000 bonds are to be sold and the proceeds used to build
and equip an extension approxim ately 2C miles In length from F ac­
tory Village, north of B allston Spa, through the villages of W est Milton, Galway, West Galway, Hagamans, H arrow ers, Rookton, and to
and through the city of Amsterdam. The balance of the issue, to wit:
$400,000, will be retained and used later, In whole or In part, to ex­
tend and equip the line to and through the cities of Johnstow n and
Gloversville, N. Y.
Arrangem ents are being m ade to take n o the $250,000 old
bonds, but there is not, so fa r as w e know , any rig h t to call
them fo r redemption. See fu rth er particulars in S t r e e t
R a i l w a y S u p p l e m e n t , page 10.— V. 73, p, 615.
B a n g o r & A ro os to o k R R .— Bonds Offered.— The new issue
o f consolidated refunding bonds referred to in last w eek’s
C h r o n i c l e as being offered by B row n Brothers & Co. and
Lee, H lgginson & C . are advertised on another page. “ The
consolidated refunding m ortgage, as its name Implies, is a
lien upon ail property and franchises o f the ^company,
subject to prior obligations as specified in the m ortgage, and
provides for the purchase and u ltim ate retirem ent o f all e x ­
isting liens upon the com pany’s railroad and equipment.
Th e bonds are dated Ju ly 1, 1901, and mature Ju ly 1, 1951,
principal and interest, at 4 pier cent, payable in gold, and are
not subject to call before m aturity.
Th e bankers have prepared a very fu ll circular, g iv in g par­
ticulars, which can be had on application.— V . 74, p. 41.
D a rlin g to n Cedar RapIdH & N o rth ern R y .—R on d *—Th e
N e w York Stock Exchange has been requested to list $553,-

C h icago Io w a & D a k o ta R y .— See C hicago & N o rth W e s t­
ern R y . below.
C h icago & N o rth W estern R y .— Purchase.— The C hicago
Io w a & Dakota R y ., extending fro m E ldora Junction to
A lden , la ., 26 miles, has been purchased.— Y . 73, p. 1159.
C levela n d C ity R y .— See C leveland Street R y . b elo w .— V ,
73, p. 1356.
C le vela n d E le c tr ic R y .— See C leveland Street R a ilw a y be­
lo w .— V . 74, p. 41.
C le vela n d S tr e e t R a ilw a y .— Ordinance for a Three-CentFare Line —Th e C ity Council on Jan. 7 passed M a yo r John­
son’s ordinance p rovid in g that a fte r ten days legal pu blica­
tion the C ity Clerk shall advertise fo r bids to operate a street
car line, the fa re to be charged being three cents or under.
C o lo ra d o & S ou th ern R y .— New Director Representing
Copper and Smelling Interests.— Th e board o f directors has
been increased fro m eleven to thirteen m em bers, the tw o
n ew members bein g A d olp h Lew isoh n and H a rry Bronner,,
Mr. Lew isohn is w e ll know n on account o f his la rge and im ­
portant interests in copper and his connection w ith the
sm elting interests gen erally. Mr. Bronner is the Secretary
and Treasurer o f the Com pany.— V . 73, p. 611.
D a lla s F o r t W o r th & G u lf R y .— Old Name Again.—See
Dallas Term in al R y . & U nion D epot Co. below .— V. 73, p. 236,
D a lla s T e r m in a l R y. & U n io n D ep ot Co.— Old Name Re­
sumed.—T h e Dallas F t. W o rth & G u lf, b y an am endm ent to
its charter filed at A u stin, Texas, on Dec. 16, resumed its old
name o f the Dallas T erm in al R y . & U nion Depot Co., w h ich
it surrendered in D ecem ber, 1898, T h e directors are W . C.
Connor (P resid en t), A lex an d er Sanger, W . O. Connor, J. T .
T rexevant, C. A . K e a tin g and E. M. Reardon.— Y . 73, p. 236.
D ayton L eban on &C in c in n a ti R R .— Increase of Stock.—
This company has increased its capital stock fro m $500,000
to $2,000,000. J. S. Harshm an is Presiden t and F ra n k
Brandon, Secretary.— V . 72, p. 1080.
D e la w a re & Hudson Co.— Dividend Rate Unchanged.—
T h e directors yesterday voted to fix the dividend rate fo r
1902 at 7 per cent per annum, this being the same rate as in
1901, but contrasting w ith 5 per cent fo r the years 1897-1900,
both inclusive.— V . 73, p. 1263.
D e tr o it & T o le d o Shore L in e RR.—Receiver.— T h e e m ­
barrassment o f the E verett-M oore Syndicate (see V. 74, p, 41)
has led to the p lacin g o f this property in the hands o f D avid
B. Cunningham o f D etro it as receiver, the Ohio Savings
Bank & Trust Co. bein g a u xilia ry receiver in Ohio. T h e ap­
plication fo r the receivership was made by the Strang C on­
tractin g Co. o f this city as holder o f con tractor’s liens fo r
$258,987. Th e Shore L in e Company in A p ril, 1899, filed a
m ortgage o f $1,250,000 (D etro it T rust Co. n ow trustee) secur­
in g bonds, which w ere to he replaced from the new $3,000,000
issue authorized last fa ll, but are partly, it is claim ed, out­
standing. T h e D e t r o it ' U nited R y ., it seems, was recen tly
arranging to acquire control o f the D etroit & T oled o Shore
Lin e, and it is claim ed the directors had authorized the
guaranteeing o f the principal and interest o f the new
bonds. Chairman N ew com b, o f the C leveland bankers’
com m ittee, h ow ever, is quoted as saying that the new issue o f
bonds has never been sold and that the D etroit U n ited does
not own the road.— V . 73, p. 899.
F n lto n Chain R R .— Sale Feb. 8.— Th is p rop erty is ad ver­
tised to be sold under foreclosure on Feb. 8.—V . 66, p. 1237.
G e o rg ia & A la b a m a R y .— Merger.—See Seaboard A ir L in e
R y . Co. b elo w .— V . 71, p. 602.
G e o rg ia R y. & E le c tr ic Co. (A t la n t a ).— Incorporation.—
See A tla n ta R apid Tran sit Co. in V . 73, p. 1355,

91

IHK CHRONICLE

[Y O U LXXIV.

L o u is v ille & N a s h v ille R R .— Earrings—For the h alf-year
Great Northern K y .—Officers,—Tne following officers are
ending D o. 31, partly estimated :
announced:
First Vice President, J. N. Hill; Second Vlca-PreMcteot, H. 1 Far­ 6 in os
Gross.
iVet,
Other income. Charges,
Balance.
rington; Third \Ye« H ssiden ,, E. T, Nichols, of New York; Fourih
Vloc Piesi leBt, J W. illation.

l - o i $15,1 <1,359 $4,758,028
1900. 13,856,816
5,103,267

$512.1*29 $3,07 7,687 $2,193,070
367,267 3,197,027 2,365,507

J, N Hill is a so a of President H ill; he is advanced from
the Third Vice Presidency, Mr. Nichols has been Secretary
for a rum <r of years. -- V. 18, p» 1858.
•
Green Bay A Western H U .—Interest and Dividend,- -The
board of directors has declared aa interest payment of 4 par
cent cm Class A debentures and a dividend of 4 per em t on
the capital stock from the net earnings for the year 1901,
payable at the office of Robert Winthrop & Co , No. 40 Wall
Sr., N w York, on and after Feb. 1, 1902, to shareholders of
record Jan. 18. Last year only 8 per cent oa each was paid
and in 1900 only 2% per cent.—V. 73, p, 662,
Hamilton (0 ,) & U ndenw ald Electric Transit Co.—Mart
gage The mortgage recently made to the Cleveland Trust
Co. as trustee secures $250,000 5 per cent $1,000 gold bonds,
dated Dec, 1 19)1, covering 10 miles of road and due Dec. 1
1911, There w ill be a sinking fund beginning in 1906 (and
increasing from 6 per cent to 10 per cent yearly), but the
bonds, it appears, cannot be called.—V. 73, p 1358.

D Ducting dividend of 2% per emit for each of the six
months, calling lor $1,875,00 > in 1901, against $1,320,000 in
1900, leaves eurplas of $818,070, against $1,045,507 in 1900 —
V. 73, p, 1160.
Lou isville (K y .) Ry.— Bands Offered. -The company is o f­
fering for sale an additional $250,0(10 of its 4% per cent 2d
mortgage bonds to provide for the purchase o f new equip­
ment, etc.—V. 73 p. 1208,
Manhattan (E levated) Ry., New York C ity.—F o r mat
T rial of Electric Service.—The first public trial of the electric
service was made on Thursday, when a special train of six
oars was run over the Second Avenue Lffie from South Ferry
to 129th Street, carrying a large party of capitalists, railway
men, representatives of the press, and others. The trip w a s
made in 29 minutes, which included several stops. It is in­
tended to begin at once the operation of the electric system
and gradually to extend it until all the lines are thus oper­
ated. Only one of the eight immense generators is aa yet
H artford Street Ry,—Bonds Awarded.—The company has completed, but another w ill be ready in about a mouth. — V.
awarded the $250,000 bonds recently offered to Francis R. 74, p. 41,
Cooley, of Hartford.—V, 73, p. 1160.
M a r y l a n d & P e n n s y l v a n i a R R . — Bonds Offered—ReriucHocking T a lley Ry,—A n ti-tru st Suits.—On Dec. 28 suits tion o f Authorized Issue.—Alexander Brown & Sons, of Bal­
were tiled in the Circuit Courts of Crawford and Logan timore, recently offered $100,000 of the first mortgage 4 per
Counties, O,, by the prosecuting attorneys of the two coua- cent gold bonds of 1901 at 97% and interest. An advertise­
ties to revoke the charters of the Hocking Valley Ry., the ment says:
The total authorized amount of the mortgage was $1,700,009, hut
Toledo & Ohio Central Ry., the Kanawha & Michigan Ry.,
the Buckeye Coal & Ry. Co, and the Sunday Creek Coal Co., the company is now taking steps to h w e this redact'd to $ i,200,000,
of whit h $250 00 J bo nos are reserved to ret're the York & Peach Bot­
on the ground that they are controlled and operated as one, tom bonds (a lien on only a portion of the line); $10 ,000 bonds are
in violation of the State laws.—V. 73, p. 1356, 1112.
reserved and oannot he issued except for extensions or Improvements

Indianapolis & M artin sville Rapid Transit Co.—M o rt­
gage.—This company has made a mortgage to the Union and
Security trust companies of Indianapolis, as trustees, to se­
cure $750,000 of 5 per cant 30 year bonds, The company was
incorporated early in 1901 with $100,000 capital stock, which
in November was increased to $750,0)0. The road w ill
extend from Indianapolis southwesterly to Martinsville, Ind ,
b y w a y oE West Newton, Mooreeville and Brooklyn, a dis­
tance of about 30 miles. It is said to be about half com ­
pleted, and it is expected that cars w ill be running bv the 1st
of May, President, Charles Finley Smith; Vice-President
and Treasurer, Emmet H Smith, and Secretary, Amory T,
Irwiu.
In ter State Commerce.—Act to Compel Maintenance of
Bates.—The “ Journal of Commerce & Commercial Bulletin”
published on Jan. 6 the full text of the bill to amend the
Inter State Commerce Act, prepared for introduction into
Congress by the executive oommitteeof the Inter-State Com
merce Law Convention, which was held at St. Louis Nov. 20
by delegates from 41 commercial manufacturing and mer­
cantile organizations, chiefly of the West,
K a n sa s City Fort S c o tt & M em p h is R y.— Coupm Pay­
ment.—Coupons of Kansas City Memphis & Birmingham
general mortgage 4 per cent bonds and income bonds, of
Memphis Equipment Co. 6 per cent bonds and Birmingham
Equipment Co. 6 per cent bonds were paid Jan. 2 by the
Old Colony Trust Co. instead of by the Merchants’ National
Bank of Boston as heretofore —V. 73, p. 1264,
K a n sa s City-Leavenwortix E lectric R y.—M ortgage—This
company has made a mortgage to the Central Trust Co. of
Cleveland, as trustee, to secure $2,009,000 of 5 per cent $1/00
gold bon di due in 1920. See page 48 of Street R a i l w a y
Supplem ent .—V. 73, p, 494.
K a n sa s City S o u th e rn Ry.—Purchase.—The property of
the Port Arthur Channel & Dock Co. was sold under fore­
closure at Beaumont, Tex., on Jan. 7, and was bid in for
$500,000 for the Kansas City Southern Ry., the owner of
substantially all the securities. The Port Arthur Canal &
Dock Co, was incorporated at Austin, Tex., on Jan. 8 with
$1,000,000 authorized stock to succeed to the property. See
also Kansas City Suburban Belt Ry. below.—V. 73, p. 1856.

Kansas City Suburban B elt Ry.— Sold.—A t the fore­
closure sale on Dec 31 the property of this company, the
Consolidated Terminal Ry, and the Kansas City & Inde
pendeDce A ir Line Ry. were bid in for $2,050,000 for account
of the Kansas City Southern Ry., which owns substantially
all their bonds. The Guardian Trust Co. gave notice that it
holds $500,000 notes against the properties. On the same day
the property of the Union Terminal Co. at Kansas City was
bid in for $1,500,000 by the same interests.—V, 73, p. 1010.
Kentucky Western Ry.— Called Bonds.— A ll the $209,000 first mortgage bonds due Jan. 1, 1920, have been called
and w ill be paid on Feb. 1, 1902, at par and interest upon
presentation to the Colonial Trust Co. of New York. The
Illinois Central recently took over the operation of the road
“ as agent for the owners
V. 73, p, 1264.
Lexington & Eastern Ry.— Reorganization Completed —
The reorganization without foreclosure per plan in V. 73, p.
683, has been completed, the first mortgage having been re­
duced to $850,000. Tae interest due Feb. 1 on the general
mortgage bonds w ill be paid 1 per cent in cash and 1% per
cent in debenture scrip, as provided io the plan.—V. 73, p.
843.

not now even In contemplation, leaving $ ;>50,o<,0 bonds as the total
amount at pr<-s=>nt Issued and outstanding. This $550,009 bonds,
with the $ 149,950 York & Peach Bottom bonds, make a mortgage In­
debtedness of less than $i0,000 per mile on main line.

Earning^.—The change of the road from narrow to stand­
ard gauge was completed m February, 1901, and for the 8
months from March 1 to Ocb 31 the road earned “ almost
doable its fixed charges for the entire year:”
8 mos.
Gross
to Oct. 31— earning«.
1901..............$187,298
—V. 73, p. 9«8.

Operating
expenses.
$.23,6,8

Net
earnings,
$63,689

Fixed
charges.
$22,998

Balancesurplus*
$40,682

Michigan Central RR .—Re-incorporated, ~ The cfficials on
Dec. 30 filed papers surrendering the special charter of the
company aDd re-incorporating it under the general railroad
law of the State. See V. 71, p, 864; Y . 73, p. 1260.
Minneapolis & St. Louis R R .—Sale o f B ra n ch —See
Northern Pacific Ry, below.—V. 73, p, 1264.
Missouri Pacific R y.—Listed.—1he N ew York Stock E x ­
T
change has been requested to list $889,00 1 additional general
consolidated railway and land grant mortgage 5 per cent
gold bonds of 1931 and $1,102,000 additional unifying and r e ­
funding mortgage 4 per cent gold coupon bonds o f 1929 of
the St. Louis Iron Mountain & Southern R y .—Y . 78, p, 1356.
Nashua (N . H-) Street Ry.— Bonds Offered—Perry,
Coffin & Burr and N W , Harris & Co. are offering $150,000
first mortgage 4 per cent $1,000 gold bonds, due Oct. 1, 1931,
but subject to redemption on and after Oct. 1, 1906, at 105
and accrued interest The interest is guaranteed by the
Boston & Northern Street Ry. Co., which operates the road
under a 99-year lease. The Old Colony Trust Co. of Boston
is mortgage trustee. These bonds were issued to retire a
like amount of first mortgage 6 . Price, 102% and interest.
->
New Hampshire Traction Co.—President.— Howard Abel,
formerly President of the Lake Street Elevated RR, of
Chicago, has moved to B s‘on to become President of.the
N ew Hampshire Traction Co. See Y . 73. p. 1208.
New L o n d o n (C o n n .) Street Ry .—Dividend Increased.—
The semi-annual dividend pail Jan, 2 was 2% per cent, as
against 2 per cent paid in Jaly, 1909.—V. 62, p 684,
New Orleans & Carrollton RR. L ig h t & P o w e r Co .—F irs t
Dividend.—A “ special” dividend of 1% p. c. has been de­
clared upon th9 preferred stock, payable Jan. 10, Tne com­
pany is a recent consolidation of stre t railways and electric
light companies in New Orleans.—Y . 73, p. 723.
North P a c ific Coast R R .—Sold to Electric. Syndicate.—'The
syndicate composed of R. R. Colgate, R M Hotaling, W il­
liam M. Pierson, C. A, Grow, E. J de Sabla Jr. and John
Martin has purchased all the capital stock of the company
and proposes to change the road to standard gauge from
Sauealito to San Ausedmo, to double track it from M ill V a l­
ley Junction to Mill Valley and from Sau Ansel tuo to Sau
Rafael, and to equip it for operation with electricity. The
same syndicate controls the California Gas & Electric Co,
(V . 73, p 1266,) and the Bay Counties Power Co. (Y . 73, p.
1033 ) The last-named company w ill supply t he electricity
for operating the North Pacific Coast RR, -V. 69, p 906.
N o r th e r n P a c ific R j . —Purchase.—The company has pur­
chased from the Minneapolis & St. Louis Railroad Co the
15-mile lin e o f road extending from Minneapolis to White
Bear Lake, and has assumed the $289,000 of 7 per cent first
mortgage bonds due in 1907 outstanding thereon. V 74, p. 41.
Northern Securities Vo.— Opposition
At a meeting in
Helena, Mont., on Dec. 81, the Governors and Attorneys
General of several Northwestern States in which the roads

I'HK C H K O N IC I.B .

Ja n u a r y 11, 1902. J

95

c o n tro lle d by this com pan y h ave m ile a g e agreed to a plan fo r
te s tin g the le g a lity o f this c o n tro l, and a d o p te d resolu tion s
o f w h ic h the fo llo w in g is one :

T h e N e s h a m in y E le v a te d R R . C o ., c o n tro lle d b v the sam e
syn d icate, it is stated, w ill b u ild the'Jine fr o m N e sh a m in y
C reek to B r i s t o l . - V . 73, p. 663.

In o u r opinion, th e consolidation, o r th re a te n e d consolidation, of th e
G reat N o rth ern , N orthern Paoltlo an d B u rlin g to n R ailw ay system s lu
th e sev eral S tates th ro u g h wjileh th ey ru n as p a ra lle l and com peting
lines, Is co n trary to sound public policy and also, w ith th e exception
o t Idaho, Is In violation of th e C o nstitution a n d law s of until S tates,
a n d m indful of the obligation which th e law im poses la such oaseH
upon the offlolals or th e several S tates h ere re p resen ted , we hereby
give o u r unqualified ap proval and In dorsem ent to an y proper and
su itab le proceedings w hich may be In stitu te d la auy Com t hav in g Jar
Is d ld io n by llie sovereign S tate of M innesota or any o th er Hinte
affected ihereby, designed an d Intended to speedily and dually te s t
an d determ ine th e v alidity of such consolidation o r th re a te n e d con­
solidation, and to th a t end we hereby pledge o ur e a rn e s t eo operation,
and. fa rth e r, we unanim ously p ro te st a g a in st an y com bination o r co n ­
solidation which re s tric ts or stifles free co m p etitio n In th e tra d e or
com m erce of the country.

P h ila d e lp h ia C o m p an y o l P i t t s b u r g .—New Mortgage.
T h e com pan y has filed at, P itts b u r g its n ew m o rtg a g e secur­
in g th e $22 060,(100 o f 5 per cen t 50 y e a r g o ld bonds w h ich
are issuable in con n ection w ith the recen t a cq u isition s, as
fu lly stated in V . 78, p. 1112. T h e C o n tin en tal T r u s t Co. o f
B a ltim o re is m o rtg a g e ti m t t e .
V. 73, p, 1357.

See also N o rth ern P a c ific E y . Co. above.

Suit Filed. —A tto rn e y - G en era l W a lla c e B. D ou gla s o f M in ­
nesota on Jan. 7 tiled in the U n ited States S u p rem e C o u rt
th e b ill o f co m p la in t in th e case o f th e S ta te ot M in n esota,
com p la in a n t, a ga in st th e N o ith e r n S ecu rities Co.
Inter-State Commerce Commission.— T h e In ter-S ta te C om
m erce C om m ission has announced its in te n tio n to in v e s tig a te
n ot on ly th e o rg a n iza tio n o f this com pan y, b u t the su b ject
o f co m m u n ity o f in terests a m o n g th e ra ilroa d s in gen eral.
T h e in v e s tig a iic n is set f o r J a n u a ry 24 a t C h ica go , 111,
P resid en t R o c s s v e lt has also ord ered an in v e s tig a tio n o f the
N o rth e rn S ecu rities Co. th ro u g h the office o f th e A tto rn e y G en era l. T h e frien d s o f th e co m p a n y c o n fid e n tly e x p e c t
th a t both ex a m in atio n s w ill be s a tis fa c to ry ,— V , 73, p. 1357.
N o r t h e r n T e x a s T r a c t io n Co.— Increase o f Stock.— T h e
com pan y has in creased its a u th o rized stock fr o m $3,000,000
to $2,500,000.— V . 73, p. 32.
O ttu m w a ( I o w a ) T r a c t io n & L i g h t C o .—Bonds Offered.—
E . H . R o llin s & Sons are o ffe r in g a t 101 and in te rest $300,000
o f th is co m p a n y’s first m o rtg a g e 5 per cen t $1,000 sin k in g
fu n d g o ld bonds, dated O ct 1, 19(1. and due O ct. 1, 1921. but
s u b jec t to redem p tion : O ct. 1, 1911, a t 105; O ct. 1, 1912, at
104%; O ct. 1, 1913, a t 104; O ct, 1, 1914, a t 103%: Oct. 1,1915,
a t 103; O ct. 1, 19 6, a t 102%; Oct. 1,1917, a t 102; O ct. 1,1918,
a t 101%; O ct. 1, 1919, at 101; Oct. 1, 1920, a t 100%, in each
case w ith in terest. Bonds n u m bered 1 to 20 m a y be redeem ed
a t 105 aDd in te rest a fte r O ct. 1, 1907. T h e iu te re s tis payable
A p r il 1 a r d O ct. 1 at th e c ffiee o f th e U n i ted State s M o rtg a g e
& T ru s t C o,, th e fr m te e , N e w Y o r k C ity . A circ u la r says :

C apital stock authorized a n d Issued : P re fe rre d 5 p er cent, io n cum ulatlve, $200,000; comm on sto c k ,$800:000: first m ortgage bonds,
authorized $f>( 0.000, Issued $30< ,OOo; $200,000 held by th e tru ste e to
he Issued for extensions and Im provem ents to th e e x te n t of ' 5 p er
cen t of th e cash cost, provided a t le a st $75,000 h as b e e n ex pended for
such pu rpose and th e n e t earn in g s for th e y e a r p reced in g th e Issuance
are a sum a t least double th e am o u n t of a n n u a l in te re s t on th e bonds
issued and to be issued. A sinking fund w ill re tire $5,000 bonds an
n u aliy , O ctober, 1907 to 1S09; $8,000 a n n u ally . O ctober, 1910 to
1920. This is to he accom plished by p u rch ase in th e open m ark et, a t
a satisfacto ry prioe, a n d ,if u n o b tain ab le by pu rch ase, bonds num bered
1 to 20 are to be ta ile d in n u m erical order, beginning Oct. 1, 1907, a t
105 and Interest; and beginning O ctober, 1911, w ith o u t re g a rd to n u ­
m erical order, a t th e red em p tio n prices in d icated above. P ro p o rtio n ­
ate sinking fund is provided for th e $ 200,000 reserv ed bonds as th ey
are issued. The gross earn in g s for y ear ended J u n e 3 0 ,1 8 9 9 w ere:
Gross, $32,947; n et, $31,863; i899 Ou, gross, $95,9 i8 ; n e t, $33,917;
1900-01, gross, $ .0 2 395; n e t, $33,937.

(Quebec S o u th e rn R y .— Consolidation, -T h e sh areh old ers
w in vo te Jan. 14 on p rop osition s to absorb the South S h o re
R y .; to in crease the ca p ita l stock fr o m $1,000,000 to $4 000,000; to a u th o rize the issue o f m oi tg a g e bonds a t n ot to ex ceed
$30,000 p er m ile , c o n v e rtib le in to p referen c e stock and o th e r­
w ise as m a y be d ecided on b y the d irectors. See R u tlan d
R R . b e lo w .— V . 70, p. 947.
R a ilr o a d C o n s tru c tio n in 1901. — Explanation — T b e
“ R a ilro a d G a z e tte ” o f Jan. 3, r e fe r r in g to l he sta tem en t w h ic h
w e cited in o u r istu e o f Dec, 28, 1901 (p a g e 1357), says : “ In
ou r annual estim ate o f n e w ra ilro a d b u ilt in the U n ite d
States d u rin g th e ye a r, p rin ted la st w eek , th e fig u re fo r C an ­
ada w as in serted in such a w a y as to be m is lea d in g . T h e t o ­
tals g iv e n at the fo o t o f th e co lu m n did m t in clu d e the C a n ­
adian m ile a g e ; 4,518 m iles is th e to ta l fo r th e U n ite d S ta tes.”
- V . 73, p. 1357.
R a p id T r a n s it In N e w Y o r k ( i t y . — Brooklyn Tunnel Plan
Approved.— T b e C om m ission (see V. 73, p, 6 i6 ,) ap pointed b y
the A p p e lla te D iv is io n o f the S u p rem e C o u rt, to d e te rm in e
w h e th e r the proposed ra p id tra n sit tu n n el r a ilw a y b etw een
M anhattan aud B ro o k ly n o u g h t to b e con stru cted , filed on
D ecem b er 26 its u n an im ou s re p o rt th a t th e lin e is n ecessary,
the ro u te proposed (V . 72, p. 1136,) the m ost desirable, and
th e probable cost n et to ex ceed $10,000,000, w h ic h sum “ is
n o w at the disposal o f the R a p id T r a n s it R a ilr o a d C o m m is ­
sion .”
New Commissioner.— John C la flin h a s been elected a m em b er
o f the R a p id T r a n s it C om m ission to succeed G e o rg e L .
R iv e s , w h o resign ed to b ecom e C o rp o ra tio n C ou n sel— V . 73,
p. 616,
R e a d in g C o m p a n y .— Increased Dividend on Stock Owned.
— See C en tra l R R . o f N e w J e rs e y a b o v e .— Y . 73, p. 1208.
R o c h e s te r ( N . Y . ) R y .— F irs t Dividend.— F ir s t d iv id e n d o f
one per cen t on p r e fe r re d stock was paid b y th is co m p a n y
Jan. l . - V . 73, p. 785.
R o c k la n d T h o in a s to n & C am d en S t. R y .— Called Bonds.—
A ll the $250,000 bonds o f 1893 have been called and w ill be

paid at 105 and interest on July 1, 1902. See Street R a i l ­
Su pple m e n t , page 78.—V. 72, p. 392.
R u t la n d R R . — New D irector. — C h au ncey M . D ep e w has

w ay

been elected a d ire c to r to succeed W a lla c e C le m e n t, w h o is
a son o f P re s id e n t C lem en t. D r. W . S ew a rd W e b b a d m its
h a v in g acq u ired a c o n tr o llin g in te rest in the stock, and states
th a t an a tte m p t w ill be m ade to b r in g tb e S nth S h ore and
the Q u ebec S ou th ern r a ilw a y s , in w h ic h he also has an
in terest, u nd er th e sam e m a n a gem en t, so as to o b tain an
en tra n ce in to Q uebec. See Q uebec S ou thern above.
Listed, —T h e N e w Y o r k S tock E x ch a n g e has listed $3,299,See also page 65 o f Street R a il w a y Supplem ent . A pre­ 000 a d d ition al p re fe rre d stock, m a k in g th e to ta l listed to d a te
vis io n in th e mortgage requires a yearly examination of the $9,057,600. T h e n e w sto ck is a p o rtio n o f th e $3,578,400 re ­
accou nts and report on the property by experts satisfactory c e n tly o ffered at $90 a share to th e stock h old ers to p r o v id e
fo r additions and im p ro vem en ts.
(S ee V , 73, p. 1011, 1062.)
to th e tru-tee. — V . 73, p. 723.
P a n a m a R R . — Stock.—See P a n am a C a n a l Co. on page 99. — V . 73, p. 1357.
S t. L o u is M em p h is & S o u th e a s te rn &U.—In c o rp o ra te d — V . 73, p. 616.
P e n n s } 1v a n ia C o m p a n y .— Securities Acquired.—The P h ila ­ Proposed Consolidation,— T h is com p m y w as o rg a n iz e d
d elp h ia “ R e c o r d ” rep orts th e fo llo w in g as a m o n g the stocks on the 8th in stan t u nd er th e la w s o f. the S tate o f M issou ri,
acqu ired fr o m th e P en n sylva n ia R R . in retu rn fo r the $19,- w ith an a u th o rized c a p ita l o f $12,500,000 and p o w e r to b u ild
a ra ilro a d fr o m a co n n ectio n w ith th e St. L o u is & San F r a n ­
000,000 stock recently issued :
Now acquired. Total issue. cisco R R . at St. L o u is to C ry s ta l C ity , Jffi'ersou C o u n ty , in
C h a rtie rs R y ..............................
$333,850
$645,300
th at State, a d istan ce o f abou t th ir ty m iles. T h e co m p a n y
G rand R apids A In d ia n a ......................................a 2 ,0 0 0 ,0 0 0
6,000 000 was fo rm e d f o r th e purpose o f ta k in g o v e r th e fo llo w in g
Louisville B ridge Co. ............................................. 900,400
1,5( 0,0: 0
P ittsb u rg Cln. Chicago & 8C Louis com m on. ..2 ,2 4 5 ,5 0 0
24,740, 57 r o a d s :

do
d>
do
p re f e rre d ..2,406,400
P itts. Fr. W ayne & Chic, special guar, s to c k ...5,613,900
8t. Louis V andalla & Terre H a u te p re fe rre d ... 837.000
Toledo W aihondlng Valley & O hio.....................1,9C0,000

22,697,341
22,615,100
1,541,700
2,500,0C0

a—
Jan. 1,1901, Penn. RR. owned $2,644,510.
T h e j tin t h o ld in gs o f th e P en n sylva n ia C om p an y and the
P e n n s y lv a n ia R R , in tb e P itts b u r g C in cin n a ti C h ica go & St.
L . h ave lo n g in clu ded a m a jo r ity o f the en tire c a p ita l stock.
Tax on Stock Pledged.—A tto rn e y -G e n e ra l K n o x a t W a s h ­
in gto n on Jan. 4 su b m itted an opinion ru lin g th at th e stock
c o lla te ra l deposited by th e com pan y w ith the G ira rd T r u s t
Co. under th e $20,000,000 c o lla te ra l tru st m o rtg a g e o f 1901 is
su b je c t to th e w a r ta x o f 2 cents per $100 fa c e valu e. T h e
fu ll te x t o f th e opinion was g iv e n in th e N e w Y o r k ‘ E v e n in g
P o s t” o f M onday, T h e m a tte r w ill no d ou b t be contested in
th e cou rts — V. 74, p. 41.

Ph iladelph ia & B r is t o l P a s s e n g e r Ry.—Reorganized.—
See P h ila d elp h ia B risto l & T ren to n P a ssen g er R y . b e lo w .—
Y . 73, p. 663.

S ou th ern M issouri & A rk an sas RR. (V. 79, p. 1161), C ape G irard eau
& N o rth ern , Ilo x ie P ocahontas & N o rth ern R R . 8t. Louis < Mem­
fc
ph is Ry. an d i a r t of th e C hester P erry ville < St. G enevieve E y
&
A ls o to con stru ct th e extension fr o m Cape G ira rd ea u to S t.
L o u is, w h ere, it is u nderstood, it has a cq u ired th e j in t use
o f term in a ls w ith an im p o rta n t ra ilro a d a t th a t place. T h e
c o n tra c t fo r con stru ction h ts been le t to J o h r s to a B ro s .9
and 20,000 tons o f ra ils h a v e been ord ered fr o m the C a m b ria
S teel Co. and 9,000 tons fr o m th e C a rn e g ie S teel C o m p an y.
T h e roads are a ll to be co m p le te d aud re con stru cted b y
D ec. 31 n ext. T h e e x is tin g m ile a g e is 266 m iles; u nd er con ­
tra c t, 154 m iles, a to ta l o f 120 m iles. T h e m ain lin e w ill e x ­
ten d fr o m St. L o u is to L u x o ra , A rkan sas, fo rm in g , in co n ­
n ection w ith the St. L o u is & San F ra n cisco, the sh ortest lin e
b etw een B irm in gh a m , M em p h is and St. L o u is . T h e term s
upon w h ic h the roads nam ed are to be absorbed h ave been
d e fin ite ly a greed upon, b u t h a v e n ot y e t been m ade pu b lic.
T h e d irecto rs and officers o f the n e w co m p a n y are:

D irectors: —F red erick H. P rin ce an d F red erick A yer, Boston; N ew ­
m an E rh aDd E Sum m erfleld, N ew York; G eorge H . N orm an, P ro v i­
P h ila d e lp h ia B r is t o l & T r e n to n P a s s e n g e r R y .— Reor­ dence, R I.; John Scullln, H ugh Me K it tric k an d C harles G ilbert, St.
F. Bioineyer, C
Mo.
ganized Company.— T h is com p an y w as re c e n tly o rg a n ize d as Louis, Mo.; E, ederick P rince, ape G irard eau ,th e B'>ard; Newm an E rb,
officers.—Ki
C hairm an of
successor o f the P h ila d elp h ia & B ristol Passenger R y . (V . P resid en t; E. F. B ioineyer. V ice-President; Van R. Caldw ell, S ecretary
73, p. 663), and purchased th e B ris to l Passen ger, w h ic h it and T reasu rer; J . L. F arre ll, A ssistan t S ecretary.
proposes

u extend to T re n to n ,
>

O fficers:

President;, I. W. 1211ard, B altim ore; se c re ta ry and T reasurer, W F.
Hadtler J r ., T renton; directors, Bromley Wharton, Bristol; A lbert B.
K elley, G eorge Q 1lorw liz, P hiladelphia; George B lacksione, B alti­
m ore, and W, F. B adtler J r ., T renton.

S an P e d r o

Los

A n g e le s

& S a lt L a k e R R .

Instalment

Colled.— T b e S a lt L a k e “ T r ib u t e ” says Ib e com pan y has
called on Ih e su b se rib irs to the stock fo r an a d d itio n a l
$1,0 0,COO oath, u a ir in g ‘ ‘$0,000,(00 th a t has been put up to

96

THK O H H O N I O L B

[V o l , LX XIV.

o( practically all the other leading Harriman lines, viz.:
of the Union Pacific, the Oregon Short Line, the Oregon
i'Uc w o r k o f c o n s t r u c t io n is g o in g f o r w a r d s a t is f a c t o r ily o n th e C a l­
Railway & Navigation, the Chicago & Alton and the Kansas
if o r n i a and o f il:c lin o , i t is s ta t e d th a t a c o n t r a c t w ill b e le t in a f e w
City Southern railroads.—V. 73, p. 1358, 1858, 1860.
d a y s f o r a g o o d s t r e tc h o f th e r o a d r u n n in g e a s t fr o m P o m o n a , in
C a l i f o r n ia . —V . 7 3 , p . 2 37 .
West V irg in ia Central & Pittsbu rg Ry.—Sale.—Colonel
Schenectady (N .Y .) &y.—Increase o f Stock ,—-'This company Thomas B. Davis, brother of ex-Senator Henry G. Davis,
this road to a stock
has filed a certificate o f increase o f capital from $300,000 to has negotiated the sale pf
broker of this city, representing a syndicate, generally be­
$600,000,— V, 78, p. 1011.
lieved to be the one that is building the Goulds’ extension
Seaboard A ir L in e Ry.— M e rg e r o f Controlled Roads.— into Pittsburg. Mr, George Gould denies that tbe Wabash
Th e shareholders w ill vote Feb, 5 on the proposed purchase RR. itself was the purchaser, and President Cassatt, of the
of the railroad and properties o f the Georgia & Alabam a Pennsylvania RR,, makes the same statement regarding his
R y and the L o ga n ville & Law rence R R . o f Georgia. The company. Col. Davis is quoted as saying:
G eorgia & Alabam a stockholders w ill vote on Feb. 8.— V. 73,
Y e s , w e h a v e s o ld th e r o a d an d a r e w e l l p le a s e d w it h th e s a le . W e
this time by tbe members o f the company fo r the construc­
tion o f this road,” The “ Tribune” aays also:

p , 10 62 .

Southern M issou ri & Arkansas H R .— Consolidation ,—
dlae
St. Louis Memphis & Southeastern R R . above.— V. 73, p.
1161.
Southern Ohio T ra c tio n C ^ —Purehmes. —The share­
holders w ill vote Feb. 1 on a proposition to ra tify the purchase
o f the Ham ilton & Lindenw ald E lectric Transit Co., operat
ing the H am ilton eir.y system, and the M iam isburg & G e r ­
m antown Traction Co.—V . 73, p. 1265.
Southern R a ilw a y Co .— Listed — The N e w York Stock E x ­
change has listed $500,006 additional St. Louis Division first
m ortgage 4 per cent gold bonds of 1951, m aking the total
listed $11,330,000. The proceeds o f the additional bonds can
be used only fo r new construction, equipment, betterments
and other acquisitions
Called Bonds. —F ifty -six ($56,000) Richm ond & D anville
R ailroad equipment m ortgage bonds, dated Sept 3, 1889,
have been drawn and w ill be paid w ith the coupons
m aturing March 1, 1903, on or after the 1st day o f March,
1902, at .par, at the office o f the Central Trust Co.—V . 73,
p. 1814.
S p rin g fie ld A X e n ia T ra c tio n Co.— Mortgage.—'T his com ­
pany, which is building an interurban line from Springfield.
O., to Cincinnati, via Xenia, has filed a m ortgage in fa v o r o f
the Cincinnati Trust Co. as trustee.
Tehuantepec N a tio n a l R y.— Offering o f Debentures by the
Lessee Company.—S. Pearson & Son (L im ited ), the English
jo in t stock company which was organized in 1897 (to succeed
the firm of long standing), and which, besides having in hand
several other enterprises, in 1891 leased the Tehuantepec N a ­
tional from the Mexican Governm ent, recently offered fo r
subscription at par in London £500,000 of its own 5 per cent
debentures, part of an issue o f £750,000, o f w hich £250,000 is
reserved fo r future requirements. A n advertisem ent says :

g o t m u ch m o r e m o n e y th a n th e p r i c e s ta t e d In th e n e w s p a p e r s , w h ic h
w a s $ 1 7 ,0 0 0 ,0 0 0 . i t is c e r t a in th a t t h e W a b a s h w i l l e x t e n d f r o m
Z a n e s v ille , O h io , v i a P a r k e r s b u r g , to E lk in s , W . V a .. o v e r th e W e s t
V i r g i n i a C e n tr a l, a n d fr o m E lk in s th e W a b a s h w i l l b u ild t o t id e w a t e r .
—V. 7 3, p, 788.

IN D U STR IA L, UAH AND MISCELLANEOUS.
Algom a Tube W orks, L im ite d .— Incorporation.— This com ­
pany has been incorporated at Toronto w ith $30,000,000 au­
thorized capital stock to establish at Sault Ste. M arie a plant
fo r the manufacture o f m etallic tubes under the Perrin pat­
ent. The Consolidated Lake Superior, it is stated, owns the
entire capital stock. Provision al directors:
F . H O le r g u e o f H a u ll S te . M a r ie , E . V . D o u g la s , W P . D o u g la s s
F , a. L e w i s a n d J o h n S. F r e e m a n o f P h ila d e lp h ia , a n d H , O. H a m ilt o n
o f S a u lt S te. M a r ie .

A m erica n A lk a li Co.—Judgments by Default. — Judgments
by default have been obtained against a number of holders of
the preferred shares w ho failed to pay the assessment. Presi­
dent Brown estimates roughly that o f the $1,000,000 needed
to build the plant on the A m erican side at Sault Ste. M arie,
about h alf w ill eventually be forthcom ing from the assess­
ment; the remainder, it is stated, “ is practically assured from
independent sources.” —V . 73, p. 1265.
American Chicle Co.— Plan.—R eferrin g to the recently
abandoned plan fo r increasing the capital stock (V . 73, p.
1315, 1266), w e have obtained confirmation o f the report that
the company has instead decided to apply surplus earnings
to the purchase o f tw o or three years’ supply o f chicle, thus
providing against such manipulation o f the raw material as
occurred last year. N early $1,000,000 worth, it is said, has
already been ordered.—V , 73, p. 1315.
American Clay Manufacturing Co —Change o f Name.—
To complete our record, it should be said that the com pany’s
name was changed on Feb. 1, 1901, to Am erican Sew er Pipe
T b e d e b e n tu r e s w i l l h a v e a s p e c ific c h a r g e f o r t h e p a y m e n t o f e a c h
Co. Stock for $7,794,700 and bonds fo r $1,648,500 are o u t­
y e a r ’ s In t e r e s t a n d r e d e m p t io n u p o n 8 7 ia p e r c e n t o f t h e n e t e a r n in g s
standing. A lva h Trow bridge, o f this city, is President,—V .
i n su ch y e a r o f t h e T e h u a n t e p e c N a t io n a l R y . a n d t e r m in a l h a rb o rs ,
72, p, 874.
■which w i l l h a v e c o s t th e M e x ic a n G o v e r n m e n t , w h e n t h e b e t te r m e n t s
a n d t e r m in a l w o r k s n o w m p r o g r e s s a r e c o m p le te d , c o n s id e r a b ly o v e r
A m erican Grass T w in e Co.— New Plant —The company’s
£ 5 ,0 0 0 ,0 0 0 ; a n d a ls o a g e n e r a l f lo a t in g c h a r g e u p o n a ll th e c o m p a n y ’ s
new plant at W est Superior was put in fu ll operation last
a s s ets.
The share capital o f S. Pearson & Oo. (L im ited ) consists o f week and. the additions to the plant at St. Pau l are also about
£500,000 5 per cent preferred, in £10 shares, fu ll paid; £ !,- ready for use.— V . 78, p. 1262,
A m erican L in seed Co.— New Company.—See U nion Lead
000,000 ordinary shares of £ ;0 each (h a lf paid, all subscribed),
and £1,000 management suares. Sir W eetm an D. Pearson is & O il Co. below .—V . 73, p. 1315.
Chairman o f the board. General office, 10 V ictoria S t.,W e s t­
A m erican L ocom otive Co.— Additions—Orders,— President
minster, London, S. W . —V . 72, p. 283.
Callaway is quoted as saying:
Tennessee C en tra l R y .— Extensions—Secretary W . E.
W e in te n d t o s p e n d a t le a s t $ 2 ,0 0 0 ,0 0 0 in i m p r o v i n g o u r p la n ts .
T b e p r o d u c t io n o f t b e p la n t a t S c h e n e c ta d y w i l l b e in c r e a s e d t o 1 ,0 0 0 ,
Eastman writes ns as follow s :
T h e e x t e n s io n fr o m N a s h v ille t o L e b a n o n w i l l b e c o m p le t e d w it h in
t h e n e x t 3 0 d a y s , w h e n t h e c o m p a n y w i l l t a k e p o s s e s s io n o f th e N a s h ­
v i l l e & K n o x v i l l e R R . T h e s u r v e y s f o r t h e lin e f r o m N a s h v i l l e t o
C l a r k s v ille a r e a b o u t c o m p le t e d , a n d i t is e x p e c t e d th e c o n t r a c t s c a n
b e l e t w it h in t h e n e x t 3 0 d a y s . N o s t o c k o r b o n d s h a v e b e e n is s u e d
o n a n y p a r t o f t h e l i n e , e x c e p t th e o r ig in a l 59 m ile s o n th e e a s te r n s e c ­
t io n , T h e o t h e r w i l l h e Is s u e d a s th e s e c tio n s a r e c o m p le t e d . Y o u
h a v e t h e a m o u n ts c o r r e c t In y o u r la s t r e p o r t . — V . 7 3, p . 4 4 6 .

T o led o & Maumee V a lle y (E le c t r ic ) R y.—Purchase ,— The
Everett-M oore syndicate, it is said, made in December the
final paym ent o f the purchase price fo r the property o f this
company and the Toledo W a te rv ille & Southern R R , Go.
Louis E. Beilsteine, o f the Toledo R ailw ays & L ig h t Co.,
has been elected General Manager o f both concerns.
Lease.— The company some tim e ago leased the power
plant o f the M iam i V a lley E lectric Co. near M iam i and
agreed to pay the interest on its $100,000 o f bonds. A new
contract covering the W a te rv ille road has recently been
entered into. —V . 73, p. 723.
T o led o R a ilw a y s & L ig h t Co.—See Toledo & Maumee
V a lle y R y. above.—V . 78, p, 614.
Tuscarawas Traction Co., New Philadelphia, Ohio.— In
Possession.— Bonds.—This company on Jan, 1 took over the

property of the Tuscarawas RR . Co. and the Tuscarawas
Electric Co., which were recently consolidated. An official
statement says:
T b e T u s c a r a w a s R R . C o . o p e r a t e d b e t w e e n U b r ic h s v ill e a n d N e w
P h ila d e lp h ia , a d is t a n c e o f 9 m ile s , a n d w a s b o n d e d f o r $ 1 0 0 ,i OO a n d
c a p i t a l i z e d a t $ 1 5 0 ,0 0 0 , a ll issu ed .
T h e T u s c a r a w a s E l e c t r i o G o.,
o p e r a t e d b e t w e e n N e w P h ila d e lp h ia a n d C a n a l D o v e r , a d is t a n c e o f 4
m ile s , a n d w a s b o n d e d f o r $ 1 0 0 ,0 0 0 ; c a p it a l s to c k , $ 10 0 ,0 0 0 , a l l is ­
s u e d . T h e t w o c o m p a n ie s w e r e m e r g e d u n d e r th e n a m e o f t h e T u s ­
c a r a w a s T r a c t io n O o. w it h a n a u th o r iz e d b o n d is s u e o f $ 3 5 0 ,0 0 0 a n d
t h e s a m e a m o u n t o f s to c k , $ 1 5 0 ,0 0 0 o f th e b on d s a n d $ 1 0 0 ,0 0 0 o f t h e
c a p i t a l s to c k t o b e h e ld I d th e t r e a s u r y t o b e u s e d a t a n y fu t u r e t im e
■at t h e d is c r e tio n o f t h e s to c k h o ld e r s . F T . P o m e r o y is P r e s id e n t ; J.
A . R u t h e r fo r d , V ic e - P r e s id e n t (G a r fie ld B u ild in g . C le v e la n d ); J . O.
W ils o n . S e c r e t a r y , a n d W m . A k in s , T r e a s u r e r a n d G e n e r a l M a n a g e r .—
V . 7 3 , p . 1265.

Union Pacific RR .—Mr. Maht Comptroller o f Nearly
A ll the H arrim an Lmes.— W illia m Mahi, long Com ptroller
o f the Southern Pacific, haB been appointed also Com ptroller

d o u b lin g it.
T h e s e e x t e n s i v e a d d it io n s w i l l p r o b a b ly a b s o r b th e
m a jo r it y o f th e s u rp lu s e a r n in g s o f th e y e a r . O u r p r e s e n t o r d e r s w i l l
k e e p us b u s y u n t il w e l l on in th e y e a r , t h e n u m b e r a t p r e s e n t u n fille d
b e in g 1,750. D u r in g 1 9 0 1 o r d e r s h a v e c o m e f r o m
S o u th A f r i c a ,
M e x ic o an d J a p a n , th is la s t in c o m p e t it io n w i t h th e E n g lis h a n d G e r ­
m a n c o m p a n ie s . W e e x p e c t f u r t h e r e x t e n s io n o f f o r e i g n t r a d e . — V .

73, p, 72<t.

A m erican Lu m ber Co.— New Enterprise.— This company
was incorporated in N e w Jersey about Dec 20 w ith $8,00!),000 of authorized capital stock, all of one class, in shares o f
$10 each, to acquire and develop tim ber and mineral lands,
and to render com m ercially available the various products
therefrom. The company has arranged to take title to about
500,000 acres of tim ber land in N e w M exico on the line o f the
Atchison Topeka & Santa F e near the city o f Albuquerque,
and may also acquire several other large tracts in the W est
and Southwest, and possibly some m ining properties. Th e
directors are :
H o n . J o h u T . R ic h , e x - G o v e r n o r o f M i c h i g a n ; H o n . E . O G ro s v e n o r , J o n e s v ille , M ic h . ; H o n . J . S. S te a r n s , G r a n d R a p id s , M i c h . ;
H o n . A R . C h a p m a n , P e t o w s k y , M i c h . ; E , E . C r e p in , A l b e r t F a y a n d
D . W . C. M e r r ia m , C h ic a g o ; F r e d . R o t h lis b e r g e r , Q iln o y , M i o h . ;
C h a r le s H . W in c h e s t e r , E lk h a r t . I n d . ; G e o r g e D. H a r d i n g , W . H .
S a w y e r , E d g a r A . W is n e r a n d F r a n k M . S t e w a r t , H i lls d a le , M ie h .

American Rubber Corporation,—See Rubber Goods
Manufacturing Co.—V. 73, p. 1364,
American Sewer P ip e Co,—See American Clay Manufact­
uring Co. above.—V. 72, p. 874.
American Sugar Refining Co.—Annual Meeting.—A t the
animal meeting on Wednesday President Havemeyer con­
fined his report almost exclusively to an argument for the
removal of the duty on raw sugar, He said in part:
T h e e x is t in g h ig h t a r i f f u p o n r a w s u g a r c o n s tit u te s a c h a r g e u p o n
th e c o n s u m p tio n o f n e a r l y 2 c e n ts a p o u n d
T h is r e p r e s e n t s o n a n
a n n n a i c o n s u m p tio n o f 2 ,3 6 0 ,0 0 0 t o n s , $ 8 5 ,0 0 0 ,0 0 0 a y e a r . O f th is ,
h o w e v e r , o n ly 1 ,3 6 0 ,0 0 0 to n s a r e im p o r te d ; y i e l d i n g c u s to m r e v e n u e s
o f $ 4 9 ,0 0 0 ,0 0 0 . T h e b a la n c e , $ 3 6 ,0 0 0 ,0 0 0 , g o e s in t o t h e p o c k e t s o f
th e p la n t e r s o f th e f o l l o w i n g S ta te s :

Tons.
L o u is ia n a p la n te r s ................ .............................8 5 0 000
D o m e s t ic b e e t ...................................................... ..1 5 0 .0 0 0
H a w a ii
............................. ............................ 8 5 0 .0 0 0

Porto Rioo................ ........... . ............ 1&0.000

Value.
$ 1 2 ,6 0 0 ,0 0 0
5.41)0,000
1 6 0 0 .0 0 0

5,400,000

J anu a r y 11, 1903.]

THE

C H R O N I CL E .

A r e m o v a l o f th is d u t y o n r a w s u g a r w o u ld r e s u lt In a s a v i n g t o t h e
c o n s u m e r o f $ 8 6 ,0 0 0 ,0 0 0 .
M is le a d in g s t a t e m e n t s a r e c o n s t a n t ly b e in g
m a d e a b o u t t h e b e n e f i t t o t h e c o m p a n y o f r e d u c i n g t h e p r e s e n t h ig h
ra te o f d u ty .
T h e g a in w o u ld b e in c r e a s e d s a le s . T h e l o w e r t h e p r ic e s
a t w h ic h r e f in e d s u g a r c a n b o f u r n is h e d , t h e l a r g e r Is th e n u m b e r
w ith in w h o se re a c h it can b e b ro u g h t.
T o th is e x t e n t t h e r e w o u ld bo
a g a in to th e c o m p a n y , b u t th e s u b s t a n t ia l b e n e fit o f th e re m is s io n o r
r e d u c t i o n o f t h e d u t y w o u l d b e to t h e c o n s u m e r .

He also referred to the organization of a subsidiary New
York corporation for the reasons already stated (V . 78, p.
1068,) and to the issue of $15,000,000 new stock. The total
amount of stock outstanding at the present time is : Pre­
ferred, §44,068,800 ; common, $44,246,100. “ Aside from the
matters to which I have previously referred,” he said, “ the
business of the company during the year has proceeded as
usual.”
Competition.—The estimates of W illett & Gray of this
city regarding the amount of refined sugar consumed in the
United States during each of the last two years give some
idea of the position of the company with reference to com­
petition. The estimates follow:
CONSUMPTION OF BEFINED SUGAR.

,------------Calendar year------------ . ^ P e r cent
Produced by—
1901.
1900.
1901. 1900.
Am er. Sugar Refining C o .1,325,406tons 1,465,349 tons
57 9
67 3
Independent refiners. 812,048
tons
627,137 tons
35-5
28-7
Beet sugar factories. 107,859
tons
68,386 tons
4-7
31
Foreign refiners.......
42,515
tons
17,743 tons
1*9
‘9
Total consumed......... 2,287,828 tons 2,178,615 tons

100

100

The National Sugar Refining Co., the most important of
the independent refiners, produced about 276,000 tons in the
past year —V. 73, p. 1358.

97

Bristol (Town.) Gas & Electric Co.—Incorporated,—This
company has been incorporated in New York .State, with
$300,000 authorized oapital stock. Directors:
B e n ja m in L D u la n e y o f B r is t o l, T e n n ., a n d A n s o n M oO . H ea rd . J o h n
D. F e a r h a k e . F r a n k B. P ie r c e a n d F r a n k M . W e lls , o f N e w Y o i k O ily .
- V . 7 3, p. 139.

Buffalo & Niagara Falls E lectric L igh t & l*ower Co.Called Bonds.—The following bonds have been called and
w ill be paid on Feb. 1 at the Buffalo Loan & Trust Co. at
the price named: Entire issue of first mortgage 6s at 104; en­
tire issue of second mortgage 6s at 106,—V. 72, p. 138.
Burrows Lighting & Heating Co. o f America.—Incorpo­
ration.—This company recently filed articles of incorpora­
ted in Arizona. Authorized capital stock, $1,000,000, of
which $500,000 6 p. c. non-cnmnlative preferred. Directors:
E d w in A . H a l l , H y d e P a r k , M a s s.; W illia m G a l l e t l y , M a ld e n , M ass.;
O. H e n r y K i m b a l l , C h e ls e a , M a s s.; G e o r g e H . B u r r o w s , S o m e r v ille ,
M a s s .; A r t h u r R . T o r r e y , N e w t o n , M ass.

Butte City Water Co.—New Securities Ready.—The new
securities are now ready for delivery at the Massachusetts
Loan & Trust Co., Boston, Mass. The aforesaid trnst com­
pany is trustee under the new $2,500,000 mortgage. See plan
of reorganization in V. 70, p. 1251; also see Y . 73, p. 186.
Cbateaueay Ore & Iron Co.—Earnings.—The plan d e­
scribed in Y . 73, p. 1266, states the gross earnings as follows:
S e p a r a te d o r e , $ 4 2 ,6 4 2 ; f o r g e ir o n , $ 1 9 ,5 8 4 ; p u lp w o o d , $ 5 4 ,2 7 5 .
r e n ts , $ 2 ,1 7 1 ; s to r e s , $ 2 6 ,5 6 4 ; fa r m s , $ 9 1 0 ; r a ilr o a d , $ 2 9 ,6 1 0 ; t o t a l ’
$ 1 7 5 ,7 5 4 . T h e s u p p ly o f p u lp w o o d , i t is s ta t e d , w i l l l a s t b u t a f e w ’
y e a r s m o r e a t | e p r e s e n t r a t e o f c o n s u m p tio n , a n d th e f o r g e ir o n
th
is n o t l i k e l y t o o o n t ln u e t o y i e l d in c o m e , as th e f o r m e r p u r c h a s e r s h a v e
d is c o v e r e d a s u b s titu te .

It is proposed to expend $90,000 in modernizing the fur­
American (B e ll) Telephone & Telegraph Co.—Output.— nace and equipping it for the production of pig iron, to
The output of instruments for the month ended Dec. 20 in build 40 additional charcoal kilns at a cost of $40,000, to
1900 and 1901, and for the years ended Nov. 20, was:
test thoroughly a new and promising iron mine owned by
-------- Month. --------,
/
------ 12 M o n th s ------ , the company, and to expend $94,000 on repairing and im­
To Dee. 20—
1901.
1900.
1901.
1900.
proving the railroad.—See readjustment plan, V. 73, p. 1266.
Gross ontpnt.....................$92,732 $63,196
$960,055 $683,955
Net output........................ 58,044
39,603
573,194
372,311
Chicago Pneumatic Tool Co.—Consolidation— This com­
T o t a l n u m b e r o f in s t r u m e n ts o u t D e o . 2 0 ......... 2 ,5 2 6 ,0 1 0 1 ,9 52 ,81 6
pany was incorporated in New Jersey on Dec. 28 with $7,— V . 7 4 , p . 42.
500,000 of authorized capital stock, and on Dec. 31, 1900,
American Transportation Co.—Interest Payment.—'The took over the properties of the following concerns:
Morton Trust Co. paid on Jan. 2 $5 per bond on each of the
C h ic a g o P n e u m a t ic T o o l Co. o f C h ic a g o a n d N e w Y o r k , B o y e r M a ­
class B bonds.—V, 73, p. 34.
c h in e C o. o f D e t r o it ; th e n e w T a it e - H o w a r d P n e u m a t ic T o o l C o ., E n g ­
la n d ; C h is h o lm & M o o r e C r a n e C o. o f C le v e la n d . O h io , a n d F r a n k lin
American Type Founders’ Co.—New Stock.—The share­ A i r C o m p r e s s o r Co. o f F r a n k lin , P a ., t h e l a s t n a m e d c o n t r o l l i n g th e
holders yesterday ratified the proposition to issue $2,000,000 N e w Y o r k A i r C o m p r e s s o r C o. o f N e w Y o r k , w h ic h a c ts a s it s s e llin g
7 per cent cumulative preferred stock.—See particulars in a g e n t.
official circular, V. 73, p, 1358.
The capital stock is all of one class; the present issue is
American Vulcanized Fibre Co.—Consolidation.—This $5,000,000. There are also $2,500,000|of 5 per cent 20-year
company was incorporated in Delaware on Dec. 4 with $3,- gold bonds, of which $500,000, with $2,500,000 stock, remain in
400,000 authorized capital stock, $900,000 of which is 7 per the treasury. The aggregate earnings of the constituent com­
cent cumulative preferred, and has absorbed by consolidation panies are reported as at the rate of $700,000 a year, which,
after paying fixed charges of the new company and sinking
the following companies:
fund under the mortgage, would leave 11 per cent earnings
K a r t a v e r t M a n u fa c t u r in g C o ..W ilm in g t o n , D e l., V u lc a n iz e d F ib r e C o .,
on the stock. The company, it is stated, starts with working
W ilm in g t o n , D e l., A m e r ic a n H a r d F i b r e C o ., N e w a r k , D e l., L a m in a r
F i b r e C o ., N o . C a m b r id g e , M a ss.
capital of over $1,000,000, of which more than 50 per cent is
The present issue of preferred stock is $509,000, common in actual cash.
John W.Duntley of Chicago is President, with headquarters
stock, $1,715,000; par value of shares, §100, The total author­
ized bond issue is $600,000, of which $424,000 has been issued. in the Monadnock Building. Max Pam of Chicago ar­
These bonds are collateral trust first mortgage 6 per cent 20 ranged the consolidation, which is supposed to control about
year sinking fund gold bonds, interest payable June 1 and one-half of the output of pneumatic machinery in the United
Dec. 1; §100,000 of them are subject to call after three years States. N ew Jersey office, Corporation Trnst Co. Building,
at 105 and accrued interest. The trustee under the mortgage Jersey City. The directors are:
is the Security Trust & Safe Deposit Co , Wilmington, Del.
C h a r le s M . S c h w a b , P r e s id e n t o f U n it e d S ta te s S t e e l C o r p o r a t io n ;
The product of the company is known as “ vulcanized J o h n A . L y n c h , P r e s id e n t N a t i o n a l B a n k o f R e p u b lic , C h io a g o ; J o h n
R . M o G in le y , P it t s b u r g , P a .; J a m e s H . E c k e ls , P r e s i d e n t C o m m e r c ia l
fibre” and is used for electrical purposes, as well as for roving N a t io n a l B a n k , C h ic a g o ; W illia m B. D io k s o n ; C h a r le s M i l l e r , P r e s i ­
cans, trunks, boxes, etc. George B. Hanford and H arry S. d e n t G a le n a O il C o.; J. W . D u n t le y ; J o s e p h B o y e r , P r e s id e n t B o y e r
Stallknecht, Broad Exchange Building, had to do with the M a c h in e C o.; E d w a r d Y . M o o r e ; M a x P a m , c o u n s e l; J o h n C h a r le s
T a l t e a n d C h a r le s P a r k e r W h it c o m b e o f th e T a it e - H o w a r d C o.
organization of the company.
P r e s id e n t, J. W . D u n t le y ; V ic e - P r e s id e n t , W . O . D u n t le y ; 8 e c o n d
Ansonia Brass & Copper Co.—In< rease o f Stock.—The V ic e - P r e s id e n t , E d w a r d Y. M o o r e ; T r e a s u r e r , E r n e s t P . W e n g e r ;
S e c r e t a r y , L e R o y B e a r d s le y .
authorized capital stock has been increased from $1,500,000
Bee also Standard Pneumatic Tool Co. below.
to $2,000,000, par value of shares $100.
Cincinnati Gas & E lectric Co.—New Stock,—The share­
A tlantic Rubber Shoe Co.—Officers.—The officers of this
holders on Jan. 8 approved the proposition to increase the
new company are announced as follows :
(See V. 73, p. 447.)—V. 73, p. 618.
P r e s id e n t , W . J. B. S to k e s , a n d T r e a s u r e r , J o s e p h O l i v e r S to k e s , o f capital stock by $1,000,000.
T r e n t o n ; V ic e P r e s id e n t, F . N . W h ite , o f E a s t O r a n g e ; S e c r e ta r y ,
Colorado (B e ll) Telephone Co.—Increase o f Stock—The
F r a n c is C. L o w t h e r p a , o f T r e n t o n ; M a n a g e r , H e n r y O. D o w d y , o f
P r o v id e n c e . D ir e c t o r s , b e s id e s th e o ffic e r s n a m e d : H e n r y R o g e r s , o f company has increased its authorized capital stock from
$3,000,0U0 to $5,000,000.—V. 72, p. 341.
B o s to n , a n d W illia m H o tc h k is s , o f E a s t O r a n g e .
It is proposed to establish a factory at Trenton, N. J.—V.
Concord (N . H.) Electric.—Right to Mortgage.—The Su­
73, p. 1315,
preme Court of New Hampshire on Dec. 30 decided that this
Atlas Tack Co,— Sale Feb. C. —The foreclosure sale under company, as successor of the Concord Land & Water Power
the first mortgage is advertised to take place Feb. 6 at the Co,, has the power to mortgage its property and franchises,
—V. 73, p. 289.
Real Estate Exchange, Boston.—V. 73, p. 1315.
Consolidated Lake Superior Co.—Tube Works.—See AlAubnrn Gas Co.—Status.—Referring to the bonds offered
goma Tnbe Works above.
last week (page 42) the following is of interest:
Ore Contract,—See Sharon Steel Co. below.—V. 78, p. 1109.
T h e A u b u r n G a s L ig h t Co. (th e p r e d e c e s s o r c o m p a n y ) has p a id r e g ­
u la r d iv id e n d s f o r f i f t y y e a r s , a v e r a g in g o v e r 8 p e r c e n t (its c a p it a l
Copper Range Consolidated Co.—Directors.—Directors:
s to c k r e c e n t ly b e in g $ 1 5 0 ,0 0 0 .— E d .)
’T h e c o m p a n y h a s n o c i t y
c o n t r a c t, d e r iv in g its In c o m e fr o m p r iv a t e c o n s u m e rs .
A s in k in g
fu n d f o r th e r e t ir e m e n t o f t h e b o n d s c o m m e n c e s t o o p e r a t e in J a n
u a ry , 1904. F r a n c h is e s a r e p e r p e t u a l a n d f r e e f r o m o b je c t io n a b le
c o n d itio n s . E a r n in g s f o r y e a r e n d e d N o v . 3 0 ,1 9 0 1 (p a r t ly e s t i m a t e d ) :
G ro s s $ 5 6 ,3 4 4 ; n e t, $ 22 ,0 0 0. C a p it a l s to o k , $ 3 5 0 ,9 0 0 c o m m o n a n d
$ 1 5 0 ,0 0 0 6 p e r c e n t p r e fe r r e d . S e e V. 7 3 , p. 1 3 1 5 .— V . 7 4 , p. 42.

J o h n S ta n to n , o f N e w Y o r k ; S a m u e l L . S m ith a n d C a m e r o n C u r r ie ,
o f D e t r o it ; J . H e n r y B r o o k s , C h a r le s H . P a in e , E . B . M a lt b y , F r e d e r io
S ta n w o o d a n d W i llia m A . P a i n e . —V . 7 3 , p. 1315. .

Crude Rubber Co.—Receiver.—This company, incorpor­
ated in Virginia in 1897 with $1,000,000 capital stock (sub­
sequently reduced from $1,000,000 to $600,000), was on Jan. 4
Birmingham Realty Co.—Purchase.—The company’s title placed in the hands of W illiam W . Ladd Jr. as receiver
to its property, it is believed, has been finally perfected
through its purchase of the property of the Elyton Land Co. upon application of Flint & Co,, acting on behalf of the
(predecessor of Elyton Company) at receivers’ sale Jan. 7 for stockholders and creditors. W illiam Nelson Cromwell as
counsel is quoted as saying:
$100,000 cash.—V. 72, p. 243.
Borden’s Condensed Milk Co.—Purchase.—The company
has contracted to purchase the entire property of the Maine
Condensed Milk Co., including factories at Newport, Me.,
and Whitefield, N. H .—V. 73, p. 1209.

T h e aesetfl w e r e s ta t e d t o b e $ 2 ,0 0 0 ,0 0 0 w o r t h o f c ru d e r u b b e r a n d
$ ' ,000,000 o f b ills r e c e i v a b l e —n e a r l y a ll o f I t p le d g e d t o b a n k e r s to
s e c u r e lo a n s . T h e d ir e c t l ia b ilit ie s w i l l a m o u n t t o a b o u t $ 3 ,0 0 0 ,0 0 0
a n d in d o r s e m e n ts a n d g u a r a n t ie s t o a b o u t $ 2 ,0 0 0 ,0 0 0 , o f w b io h a b o u t
$ 80 0 ,0 0 0 , is In r e s p e c t o f th e p a p e r o f G e o r g e W a t k in s o n & Co. o f
P h il a d e l p h i a , w h o fa i l e d r e c e n t ly f o r a l a r g e su m . (S e e V . 7 4 , p . 5 2 .)

98

THE

CHRONICLE

Mr Flin t is quoted as raying:
A s to U*6 outoha.se o f th e s to c k o f r u b b e r o f th e c o m p a n y , a m o u n t
i n g t o a lit t le o v e r
o o o , b y th e In te r n a t io u a L C r u d e R u b b e r C o.
(V . 7 1, o i 3 1 3 ), or vv h ich I a m P r e s id e n t , th e Lu t e r n a t io n a l w ill g e t
o u t ox th a t o u th iu K but a i p e r c e n t b r o k e r a g e , a n d a ll p r o fit s w i l l g o
t o th e C ru d e R u b b e r C o
T h e $1,000,01 0 w o r t h o f th is s to c k w h ic h 1
s o ld y e s t e r d a y w a s b o u g h t b y tfio u n it e d S ta te s R u b b e r C o .
This
r u b b e r is t b e p a id f o r in c a s h in s i x t y d a y s , a n d is a p a r t o f t h e
$ 2 ,0 0 0 ,0 0 0 w o r t h h eld as s e c u r it y b y b tnh e r s .

The failure is attributed by Mr, F lin t to the decline in the
price ot rubber from $1 15 to 87 cents a pound, and to the
open wiuiera o f 1900 and 1901, which reduced the demand
for rubber shoes and so fo r rubber,
Dartmouth .ill 1 C orp oration (N e w B e d fo rd ),— Bonds,—
1
The shareholders have voted to issue $500.00 o f 20 year 4 per
cent gold bonds, to pay for the new addition w h ich is in pro­
cess of erection.
D elaw are Iilv e r F e rry O k — Called Bonds.— The follow in g
first uiorigagt? bonds of 1891 have been drawn, and w ill be
paid at 105 on presentation at the office o f the Provident
L ife & Trust Go, of Philadelphia, viz., Nos. 73, 189, 333, 816,
850, 354, 401, 414, 434, 493, Interest ceased Jan. 1.— V, 73,
p, 1383.

[Y ol. LXXIV.

o f $10n, of which $1,000,(00is 7 percent preferred (con-votin g
so long as dividends are paid in fa ll), controls all the capital
stock of the. K>Hogg- M ackay- Cameron Co. o f Chicago; the
Kewarno Boiler Co. of K ew acee, 111,; the Model Heating Go.
of Philadelphia and Unicntown A cm e Radiator Co. o f Uniontown, Pa
The directors are:
E E. lin k e r, C la r e n c e V , K e l l o g g ( P r e s id e n t ), W , ft. P f a l i l e r (V ic e P r e s id e n t ) B F B a k e r (T r e a s u r e r ), A. O. M o t t , J. P . D a g g e r , J a m e s
M a o k a y , \V. A. C a u e r o n , K. P. M o t t, L . G . M c O n u u a n d W . D K e l l o g g .

The separate companies w ill run independently as hereto­
fore.
F lin t, Eddy & A m erican T ra d in g Gin—Change in Control.
— Director T ie c o r L, Park is quoted as saying:
S e v e r a l fr ie n d s o f m iu e a n d I h e ld th e c o n t r o l o f th e o ld A m e r ic a n
T r a d in g Go. ai d so b eu a ta e m in o r it y s to c k h o ld e r s in th e c o n s o lid a t e d
c o m p a n y . R e c e n t ly w e an d o u r m e n d s h a v e p u rc h a s e d th e b a la m e
o f t h e ut-w c o m p a n y ’ s t r e a s u r y s to c k ( 66o,o< 0 ) and h a v e a ls o b o u g h t
f r o m th e m e m b e r s o f th e o ld F lin t , E d d y & Oo. a b lo c k o f t h e ir h o ld ­
in g s in th e p r e s e n t c o m p a n y , so t h a t w e n o w h a v e a l a r g e c o n t r o l l i n g
in t e r e s t in th e n e w c o m p a n y .

Mr. Flin t, how ever, has not retired from th e c m p a n y .
The new interests include J. G. McCullough, O. J. Jennings
and Clarence Seamans [ f W yckoff, Stamans & Benedict],
the last tw o recently elected directors. The company, it
Diamond Hatch C a,—New Officers. —George H. W ebster, is stated, is doing a business of $25,(00,000 a year and has
F irst V ice President, has x*esigned, and James Hopkins, Sec $2,000,000 quick cash assets over all liabilities, and more
ond V ice President, has been ehcted to succeed him. Archi­ than $6u0,(jC0 in not slow, but slower, assets.— V. 71, p. 184.
bald G. Lindsay of D -tro it has been elected to fill the
Das, E lectric L ig h t & P o w e r Co., Van W ert, 0 .— Preferred
Stock .— This company recently reduced its common stock
vacancy on the board.— V 73, p. 1063,
from $100,0 0 to $50,000 and increased its preferred stock
D om inion Iron & Steel Co,— Steel Furnaces in Use.—Tw o
o f the ten steel furnaces were started up on Dec. 30.—V . 73, from $50,000 to$l00,0C0.
G eneral E lec tric Co.— Rumors.— See Westinghouse Elecр. 1267.
trie < Manufacturing Co. below. V . 73, p. 1359.
fc
Durham (N. C.) L ig h t & P o w e r Co.— M ortg- ge.— The
H argraves M ills o f F a ll R iv e r .— Bonds.— T o e stockhold­
company bas made a m ortgage to secure $i00 0 0 of 5 per
ers of the Parker and Hargraves m ills have been notified by
cent $l,i 00 bonds dated Dae. 1,1901, and due Dec. 1, 19'28.
circular that they can subscribe pro rata until Jan. 20 for the
E lec ti Ic V eh icle Co.— Mortgage .—'The company has filed new 5 per cent bonds which are to be issued Feb. 1, 19 2.
at H artford a deed of trust dated N o v. 1, 1901, to the Morton The bonds are*in denominations o f $500 and $1,000, and w ill
Trust Co., as trustee, to secure $2,250,000 bonds, o f which be due in 30 vears, subject to call after three years at 105,—
$1,675,000, it is understood, w ill be issued only to t ik e up the Y . 73, p. 1013.
$1 675,( 00 of bonds which were is-ued early in 1901,
Houston Oil Co.— Ouaranty.—See “ Tim ber Certificates”
The security for the m ortgage is described in the “ H a rt­
below .— V. 73, p. 289.
ford C ou rant” as follow s:
Hudson R iv e r E le c tric Co.— Mortgage. —This company,
T h e h u U d ln K s ,a p p u r te n a n c e s a n d fix t u r e s , lo c a t e d o n P a r k S t ; 8,0 00
incorporated last A p ril, has made a m ortgage to the Morton
s h a re s o t rh e s to c k . 1 m e N e w H a v e n C a r r ia g e O o.; 7 0 ,0 0 0 s h a re s o f
t h e s to c k o f th e N e w Y o r k E le c t r ic V e h ic le T r a n s p o r t a t io n O o. (s e e V .
Trust Co. of N ew York, astruftee, to secure $3,000,000 o f m o rt­
7 3, p. l a i c ) } 8 0 0 o sh a re s o f th e P e n n s y lv a n ia E le o t r lo V e h ic le Oo. gage 5 p. c. gold bonds of $1,000 each, due N ov. 1, 1931.
The
(s e e V . 73, p . 1 2 1 1 ); 40,nOO s h a re s o f t h e R lk e r M o t o r V e h io le C o.;
4 .0 0 0 s h a re s o f th e W a s h in g to n E l e c t r i c V e h io le T r a n s p o r t a t io n O o ; m ortgage covers real estate at Spiers Falls, a concrete
5 0 .0 0 0 s h a re s o f th e N e w E n g la n d E le c t r ic V e h ic le Oo. (s ee V . 7 3, p. dam across the river, power plant, the right o f w ay from there,
5 3 9 ); $ 6 5 0 ,0 0 0 p a r v a lu e o f The n o te s o f t h e N e w Y o r k E l e c t r i c
to Schenectady, a distance o f 39 miles, w ire, poles, fran­
V e h io le t r a n s p o r t a t io n Oo. a n d a ll o f th e p a t e n t s o w n e d b y th e
chises, etc. The President is C. H. Peddrick Jr,, Secretary
E l e c t r ic V e h ic le O o.— V . 7 3 , p. 1162.
Elm er J. W est and Treasurer E. H. Gay. The n w company
E rie Telegraph & Telephone Co.—Deposits.—Over 90 p.
W'mld appear to be an enlargement o f the Hudson R iv e r
с. of the shares ana over 75 p, c, o f all the bonds have been
W ater Pow er Co. E. H. G ay & Co. have sold $1,5C0,00J of
deposited under the plan ; further deposits w ill be received
that company’s bonds and are offering the remaining $500,000
until 2 p. M. Jan, 15. The old securities have been stricken
fro m the list of the Boston Stock Exchange and have been at 102.— V. 72, p. 938.
Hudson R iver W ater P o w er Co,—See Hudson R iv e r
replaced by the receipts issued therefor by the National
Shawmut Bank, the depositary, Boston. See plan V , 73. p. Electric Co. above.— V . 72, p. 583,
International Car Wheel Co —In P o s s e s s i o n — Mortgage.—
1359 and V . 74, p. 43.
Fayment o f Notes.— Kidder, Peabcdy & Co. giv e notice This company, organized in June, 1899, under the laws o f
that the $9,000,000 colla -ral trust 5 per cent 1 year coupon N ew Jersey, has taken over the management o f the N ew
notes w ill be paid in fu ll, principal and interest, upon p re ­ York Car Wheel W ork s and the P. H Griffin Machine
W orks, both Buffalo concerns, and of the Michigan Iron Co.
sentation at the Old Colony Trust Co., Boston,—V. 74, p. 42.
F a irm o n t Coal Co.— Bonds.—The first m ortgage made of Detroit. I t has acquired the stocks o f the corporations
June 27, 1901, to the Guaranty Trust Co., as trustee, secures named, and real estate in Buffalo and D etroit, and has made
16,000,0( 0 of 6 per cei t 30 year sinking fund gold bonds of a m ortgage to the N orth Am erican Trust Oo, of this city as
$1,000 each, dated July 1, 1901, and due July 1,1931, but trustee to secure $600,000 bonds. The r e t earning power o f
subject to call fo r paym ent at 105 and interest, in whole or these concerns, it is said, aggregates over $100,000 per annum.
in part, on any interest day. A s a sinking fund fo r redem p­ The N e w Y ork company claims to have placed in service
tion ot the bonds the company cover ants to pay to the trustee 20,0( 0 o f its chilled wheels under 100,000 pounds capacity
2 cents per ton (3 240 lbs.) of all coal mined, whether from freigh t cars “ w ithout one rem oval fo r breakage o f any kind,”
property owned or leased. O f the authorized issue o f bonds The bonds a ie gold 6s, dated Deo. 23, 1901, and are due
$415,000 are issuable only to retire at par $200,000 bonds of Dec. 23. 1911, but subject to call at par on an interest day,
the Am erican Coal & Cok^ Co., dated Feb. 1, 1901, and $275,- Authorized capital stock, common, $10,001,000; preferred.
000 bonds of the Briar H ill Coal & Coke Co., dated 1900. 7 per cent cum ulative, $5,000,000. See Y 69, p, 130.
In te rn a tio n a l Crude R u bb er Co,—See Crude Rubber Co,
The mot tgage covers w ith much other property that con­
veyed to the Fairm ont Coal Co. by the fo llow in g companies, a b o v e .- V . 72, p 482; V . 71, p. 1313.
subject to reservation, etc., named therein:
[II. W .] Joh n s-M an ville Co.— Consolidation.— The H, W ,
G a s to n G a s G o a l C o., M o n t a n a C o a l & C o k e C o ., P a l a t i r e C o a l C o., Johns Mrg. Co. of N e w Y o rk and the M an ville C overing Co.
H i g h la n d C o a l & C o k e C o .. M a son C o a l & C o k e C o .. H u t c h in g m - E iile n
of Milwaukee w ere consolidated under this title on Jan. 1.
C o a l C o ., H u tc h in s o n C m d C o.. B r ia r H U l C o a l & C o k e C o ., W e s t F a i r
The new company filed articles o f incorporation at Albany
m o n t C o a l & C c k e C o ., M r a d o w B r o o k C o a l & C o k e C o ; le a s e d r ig h t s
o b t a in e d f r o m M o n o n a .h C o ., le s s o r , a n d M o n o n g a h e la R i v e r H R .,
Dm. 16, w ith a capital stock of $3,000,001, of w hich $500,000
e tc ., le ss ee ; A m e r ic a n C o a l & C o k e Co.
is 7 per cent cnm nlative preferred and $2,500,000 common;
A large inrerest in t t e stock of the Northw estern Fuel Co. no hoods. The officers are:
was recently acquired “ by the controlling factors of the
T. F . M a n v ille , P r e s id e n t ; O. B . M a n v i l l e , V id e - P r e s id e n t ; G e o r g e
Fairm ont Coal Co.”
The Northwestern Fu el Company 5V G ia iiw in , V ic e - P r e s id e n t ; F . R . B o o o o c k , T r e a s u r e r ; H . E . M a n ­
recently bought all the stock of the North Wisconsin Dock v i l l e . S e c r e t a r y , a n d J a m e s G . C a n n o n , C h a ir m a n o t t h e B o a r d o f D i­
Co., w hich controls docks and wharves along the Great Lakes r t e to r s .
On completion o f the plant at Milwaukee fo r the rnanuused for handling coal. The Northw estern is also erecting at
W est Superior one of the largest coal docks in the world; it facture of carbonate o f magnesia and mineral w ool the com­
w ill have a capacity of about 2,000,000 tons, and w ill cost up­ pany w ill be prepared to furnish all grades of s’ earn pipe
wards of $700,000. The stock of the Northwestern was re and boiler coverings and asbestos goods o f every description.
K ir b y L u m ber Co,—See “ Tim ber Certificates” below ,—
cently increased from $25,( 00 to $2,500,000, See also V . 73, p.
84. C. W . W af son is Pres cient, No. 1 Broadway, N ew Y o rk V. 73, p. 141.
C ity .— V. 73, p. 84.
Lack it wanna Ir o n & S teel Ho.— Pure! use.— This company
F a rm iu g tc n (M e ) W a te r Co.— Plant Sold .— The m unici­ has purchased the Shermans’ one-third interest i « the m ires,
pality has purchased the company's plant. See “ State and railroad property and furnace of W ith er bee, Sherman Y Oo,
(Y . 71, p. 88), at P o rt Henry, N . Y .— V. 78, p. 1163,
C ity D p-u*tment.” —V . 74, p. 58,
L a G range (111.) W ater, L ig h t & P o w e r Co . —Plant Pur­
F e d era l B o ile r & Supply Co.— Amalgamation .—This com­
pany, which filed articles o f incorporation in N ew Jersey on chase* by M unicipality—Bo ds Offered. -This company's
Dec. 13, w ith $3,f00,COO o f authorized capital stock in shares plant has" been purchased by the m unicipality of La Grange.

J anu ary 11, 1902.]

IHF

OJHKONl CLf c.

99

to the syndicate for $825,060. From tips sum it is stated,
will he paid the prior liens, fl rating debt, and taxes, leaving
about $410,000, from which has been declared this dividend
of 33 1-3 per cent. Later a final distribution of about 8 or 4
per cent, it is expected, will be made — V, 72, p. 939.
New Y
’ork Transportation Co.—New Name. —8 e New
York Electric Vehicle Transportation Co. above.- V. 78 p.
1316.
Niagara Falls Hydraulic & Manufacturing Co. of Niagara
Falls —M ortgage—This company has made a mortgage to
the Fidelity Trust Co. of Buffalo, as trustee, to secure $1,200,000 of $1,00 ) 20-year gold bonds. ThiGs the company which
has a plant on, the cliff overlooking tbe Niagara River a
short distance below the falls. The company now develops
and sells 85,000 horse-power to various industries and has re­
cently obtained from New York State a new charter with
rights to widen and deepen the intake canal to a uniform
width of 100 feet and a mean dep'h of 14 feet, “ drawing from
Niagara Riv6r at Port Day the amount of water requisite to
such capacity.” This, it is stated, insures 100,< 00 horse-power
at least to this company, and the work is now being vigor­
ously pushed to that end, George B. M ethews is President
and Arthur Schoelkopf, Secretary and Treasurer.
Nicaragua Canal.— House Passes Hepburn B ill. —The
House at Washington on Thursday, with only two dissenting
votes, passed the Hepburn Canal bill, authorizing the con­
struction of an isthmian canal by the Nicaragua route. Those
who favored the Panama route, when they found they were
in the minority, voted for the bill. An amendment author­
izing the President to negotiate for the Panama route as well
as the Nicaragua was lost by a vote of 102 to 170. Action by
the Senate, therefore, in favor of the Panama route may lead
the House to accept a compromise measure.— V. 73, p. 1316.
J a m es J o n e s , C h a ir m a n o f th e b o a r d o f d ir e c to r s ; J o h n H . J o n e s
f o r m e r l y a d ir e c t o r o f th e M o n o n e a h e la R iv e r C o n s o lid a te d C a n a l &
Ogden Gas Co. of Chicago.— See People’s Gas Light &
C o k e C o., P re s id e n t; T . P. J o n e s , V ic e P r e s id e n t; W . I. J o n e s , S e c r e ­
Coke Co. below.—V. 72, p, 244.
t a r y ; D . G. J o n es, T r e a s u r e r ; H a r r y P . J o n e s . G e n e r a l M a n a g e r .
Panama Canal Co.— Offered for $ 4 0 000.000.— The company
Milwaukee & Chicago Breweries Co. (Ltd.)—Report.—
has formally' offered to transfer to tbe Government of
The report for the fiscal year ended Sept. 30, 1901, shows :
T o t a l sa le s, 7 1 9 ,O t 9 b a r r e ls o f b e e r , b e in g th e la r g e s t s in o e l8 9 3 ,a n d
the United States on payment of $40,000,000, its pioperties
c o m p a r in g w it h 7 1 6 ,4 8 9 in 1900 a n d 6 2 4 ,7 2 4 b a r r e ls in 18 7 , N e t and concessions, estimated at that amount by tbe Isthmian
p r o fit s o f t h e A m e r ic a n c o m p a n y f o r th e y e a r , a f t e r p r o v id in s f o r d e b ­
Canal Commission, in conformity with the terms and condi­
e n tu r e in te r e s t , d e p r e c ia tio n , e tc ., w e r e $ 121,227 a g a in s t $ 1 6 9 ,7 6 9 in
1900. T h e E n g lis h c o m p a n y r e c e iv e d £ 4 ,83 3 in d iv id e n d s fr o m th e
tions cf the estimates of said Commission.
Tbe latter’s
A m e r ic a n c o m p a u y . a n d a f t e r m a k in g v a r io u s d e d u c tio n s a n d a d d in g report states the total value of the canal as follows :
111., and a copy of the ordinance passed by the Council au­
thorizing the purchase, signed by the President of the mu
nicipality, appears on the back of each of the $75,000 bonds
(balance of $300,000 issued) now offered by W. J. llayes &
Co of Cleveland. Earnings ol' plant for 19 )1 reported as,
gross, $38,123; net earnings, $17,791. See V. 72, p, 991.
Leavenworth (K an.) L ig b lin g & Heating Co.—Change,
in C on trol-N ew Securities.— Bertron & Storrs of this city
have purchased control of this company and increased the
outstanding capital stock from $300,000 to $350,000, pur value
of shares $100. They have also made a new mortgage secur­
ing $150,000 ot 5 per cent and the same amount, of 0 per
cent bonds due in 1917, but subject to call in 1907 and
thereafter at 105. The interest is payable in January and
July and the Amfrioan Trust & Savings Bank of Chicago is
mortgage trustee. The entire amount of new bonds is out
standing, having been issued with the new stock to retire
the $350,0( 0 old 6s.— V. 70, p. 844.
Litchfield ( I I I . ) Gas & E lectric Co.-Change o f Name —
Mortgage.—The Li'chfield Electric Light & Power Co. has
changed its name to the Litchfield Gas & Electric Co., in­
creased its capital stock from $15,000 to $50,000, and made a
mortgage to the St. Louis Trust Co. for $50,000.
Manufacturers’ & Consumers’ Coal Co.—Consolidation —
This company was organized at Pittsburg on Jan. 4 with
$5 000,000capital stock “ all paid in,” as a consolidation of ihe
Jones coal interests in the Pittsburg district, viz,, the John
H. Jones Coal Co. and tbe Manufacturers’ & Consumers’
Coal Co. Tne Pittsburg & Buffalo Coal Co., while operating
as a separate company, will be managed from the same
general office, makiDg, it is claimed, over 20,000 acres of coal
land under one control. The officers are:

c e r t a in ite m s , in c lu d in g £ 2 2 o b r o u g h t f o r w a r d , th e r e r e m a in e d a v a i l ­
a b le f o r d iv id e n d s £ i 9 , 0 i 5 , f r in w h ic h 5 p e r c e n t, £ 3 8 ,7 50, w a s p a id
o n th e p r e fe r r e d s h a re s (in c lu d in g 2i$ p e r c e n t p a y a b le D e c . 3 1 ), l e a v ­
i n g t o c a r r y f o r w a r d £ * 0 5 .— V. 7 2 , p . 1033.

Moaongaheiii R iv er Consolidated Coal & Coke C
<>.—
—This compaDy, we learn, has purchased from Join H Huff
man & Co, of Louisville all their harbors, property and
boats at Louisville and Jeffersonville, Ind., “ at a figure
materially less than $500,000.” —V. 72, p.1191.
M anicipal Gas & E lectric Co. o f Rochester.—Incorpor­
ated,.—Th\s company was incorporated at Alban? on Wednes­
day; authorized capital stock $2,500,000, in $100 shares. The
directors are: Amon R. Flower and C. K G. Billings of
New York City and H. C. Brewster of Rochester.
National Asphalt Co. —Competition.—See Warner-Q rinlan
Co. below.
Litigation .—The question as to the title to the Aspbait
lakes in Venezuela was taken to the Supreme Court of that
country some time ago and is yet to be decided. The decision
announced last week in favor of the Warner-Quintan Co it
appears was only a decision of a minor court as to the right
of possession of the property pending the settlement of the
main question. This latter case has been appealed and the
Bermudez Co (National Asphalt Co.) in the meantime holds
the lakes with armed guards.—V. 74, p. 42.
Natural Food Co.—Bonds.—The company’s mortgage to
the Colonial Trust Co as trustee secures $1,250,000 of first
mortgage 5 per cent gold bonds, dated Jan. 1, 1901, and due
Jan. 1, 1921, without option of earlier payment, denomina­
tions $100, $500 and $1,000.—V. 72, p. 343.
New Jersey Zinc Co.— Called Bonds—One hundred and
twenty four bonds of 1897 have been called and w ill be paid
at 105 and interest at the Farmers’ Loan & Trust Co. on Feb.
I, 19 2.—V. 73, p 845.
New York Electric Vehicle Transportation Co.—Reduc­
tion o f Stock—New Name. —The shareholders on Thursday
adopted the preposition to reduce the capital stock from
$25,000,000 to $5 000,000, and the par value of shares from
$100 each to $20; also to change the name of the company to
the New York Transpoitation Co.—V. 73, p. 1316.
New York Loan & Improvement Co.—Reduction o f Stock.
—The shareholders were to vote Jan. 9 on a proposition to re­
duce the capital stock from $1,789,500 to $1,432,30 », the par
value of shares ($100) to remain unchanged.— V. 71, p. 1273.
New York Really Corporation.— Dividend—See page 1359
of Chronicle ot Dec. 28, 1901.
New York Stevedoring Co.—See page 1359 of Chronicle
of Dec. 28, 1901.
New York Suburban YYater Co.—Sa'e—Distribution.—The
ReOTganiza'ion Committee, having sold the property of this
corn any and the Maraaroneck Water Co. to a syndicate, re­
cently declared a dividend of 83 1-3 per cent on tbe depos­
ited bonds upon tbe surrender of both bonds and stock. A
plan of reorganization was proposed some months ago, bur,
we are informed the committee found that to meet all
the various requirements so large an amount of new money
would be needed that they thought better to sell out

E x c a v a t i o n a lr e a d y d o n e , $ 2 7 ,4 7 4 ,0 3 3 ; P a n a m a R a il r o a d s t o c k a t
p a r , $ 6 ,8 5 0 ,0 0 0 ; m a p s , d r a w i n g s a n d r e c o r d s , # 2 ,0 0 0 ,o o O — t o w h ic h
a d d 1 0 p e r c e n t to c o v e r o m is s io n s , m a k i n g t h e t o t a l v a lu a t i o n o f t h e
P a n a m a C a n a l $ 1 0 ,0 0 0 ,0 0 0 .

This $40,000,030, however, excludes the hospital, mechan­
ical and warehouse plant of the Panama Company, which
are considered to be worth in round lumbers about $2,500,000, and the right of way, which the Columbian Government
has hitherto held to be worth an annual rental of not less
than $5C0 000. See also Nicaragua Canal above.—V. 73, p.
1859.
Parker M ills,—Bonds.—See Hargraves Mills above.—V.
73 p. 1014.
Penn Plate Glass Co —Master's Decision Reversed;— The

United S’ ates Court at Pittsburg on Dec. 28, reversing the
decision of the Master, held valid the $250,000 bonds secured
by nurtgage to the Farmers’ Loan & Trust Co. and owned
hy Junes G Beemer. See “ Pennsylvania Plate Glass Co.” —
V. 72, p. 583.
People’s Gas Light & Coke Co of Chicago.— Ordinance.—
The Chicago City Council on Jan. 7 voted to repeal the
charter of the Ogden G is Co. because of alleged violations
of the provision forbidding consolidations —V. 73, p. 1114,
P illsb u rj-W a sh b u rn F lour M ills Co. —Report. — h e re­
T
port for the year endi g August 31, 1901, shows net profit of
£93,609 (contrasting with £133 934 in 1899 00); to this was
added £1,162 from the year before and £4,149 from reserve,
making a total of £ LO
S,920. which was applied as follows:
Ioterest on debentures, £19 920; 8 per cent on preference
shares, £40,000; interest and sinking fund on preference in­
come certificates, £14,000, balancing the account. Chairman
Richard H Colyn at the recent meeting of shareholders in
London said in substance:
T h e p r o p s in t h e N o r t h w e s t e r n S ta t e s , f r o m w h ic h th e o o t n p a n v ’ s
m ills d r a w t h e ir s u p p lie s o f w h e a t , w e r e n o t o n ly d e & o ie n t in q u a n t i t y
b u t p o o r In q u a l i t y , w h i l e in o t h e r S t a t e s t h e o r o p s w e r e l a r g e a n d o f
e x o r lle n t q u a lity .
T ills e x c e p t io n a l s t a t e o f t h in g s le d to a h ig h e r
r a n g e o f v a lu e s to r w h e u t in t h e N o r t h w e s t a n d m o d e r a t e v a lu e s e ls e ­
w h e r e , a n d c r e a t e d a k e e n e r c o m p e t i t i o n in f l o u r t h a n in a n y p r e v i o u s
y e a r in t h e h i s t o r y o f t h e c o m p a n y .
T h e p ro p erty has been k ept up
t o t h e h ig h e s t s t a t e o f e tflo le n e y a t t b e o o s t o f r e v e n u e . — V . 7 1 , p . 1 1 2 3

Pittsburg Coal Co.— Lease.—The shareholders on Jan. 7
approved a proposition to lease for forty years all the
properties and interests of the Sbaw Coal Co., a coucern with
$2,000,000 capital stock in which H C. Frick owned a control­
ling interest. The lease, it is said, includes 4,200 acres of
fine Pittsburg seam coal (located about 20 miles west of
Pittsburg), five shafts with a capacity of 1,000 000 tons a
year, and the Midway & Oakdale RR., a short line connect­
ing the mine with the Pittsburg Cincinnati Chicago & St.
Louis Ry. The acquisition of the Sbaw properties is spoken
of quite definitely as a purchase as w-It as a lease, and it may
therefore include the purchase of all or a majority o f the
capi'al stock. Options on Ohio coal properties are also re­
ported. The “ Pittsburg Gazette ” says :
T h u p u r c h a s e o f t h is p r o p e r t y Is th e m o s t im p o r t a n t d e a l c lo s e d b y
t h e P i t t s b u r g C o a l C o m p a n y s i n c e ice f o r m a t ! >n.
t t s u p p l e m e n t s , In
la r g e m e a s u r e , tn e r e c e n t p u r c h a s e o f e x t e n s iv e d o c k fa c ilit ie s a lo n g
l a k e s M i c h i g a n a n d S u p e r i o r in W i s c o n s i n , I n w h i c h a b o u t ,4 L , 0 0 0 ,0 0 0
>
w a s In v o lv e d .
Bee V . 73, p. 1364.

5H E

100

CHRONICLE

[Vol. LXXIV,

F,
L, Bobbins, Chairman of the board of directors and ofassets $1,562,844. Net earnings available for dividends even
the executive committee, was also made President, and John during administration of assignee were at the rate of $190,D. Nicholson, Vice-President, was also elected Treasurer, 686 yearly.
Henry (J, Frick was elected director to fill a vacancy ; J, B.
Status, —President C. Minot W eld reports in part:
L. Homberger was eleoted Auditor and F. J, L e Moyne was
D u r in g th e a d m in is tra tio n o f the a ssig n ee an d since th e n e w
c om p a n y kaa b ad p ossession, Ik e a ctu al e a rn in g s a v a ila b le fo r d iv P
elected Secretary, The directors now are :
B r a n d s L . B ob bin s, P . M. O sborn e, J oh n D » N ich olso n , H e n r y O.
P rick , Q ti. T a y lo r , J oh n X. B e ll, J oh n I. B ish op , i). ft, H a n n a , vV. P .
£
M u r r a y , P i l , H itc h co c k , H e n r y W, O liv e r , A , W. M e llo n , G r a n t B.
S ch ley and A. M, N e e p e r .—V . 73, p. 1364.

Poutiac (M ich .) L igh t Co,— Oversubscribed,—The “ Chi
cage Tribune ” says;

(len d s h a v e b een a t th e r a te o f $190,685 p er y e a r. T h is re s u lt has
b een secu red w ith a k ill a v e r a g in g less th a n 11,000 h ogs p e r w e e k .
1 f th e k ill had been 18 ,0 0 0 hogs p e r w eek , w h ic h th e c a p a o ity o f the
p la n t w a rra n ts, th e p ro fits w o u ld h a v e b een a t th e r a te o f $400,000
p er y e a r. T h e business has been lim ite d b y th e m o n e y a v a ila b le fr o m
d a y to d ay fo r b u y in g hogs.

The packing house property is at East Cambridge, Mass.,
and with its branches is estimated to be worth $2,000,000.
Final Report. —Charles 8. Tuckerman and associates, trus­
tees in charge of the reorganization, recently made a final re­
port confirming the preliminary report, which was cited in
Pullm an Co.—Merger Legal—Injunction Denied.—Judge V. 72, p, 779 (see also organization of new company in V. 72,
i’uley, in the Circuit Court at Chicago on Jan. 6 denied the p. 395),— V. 72, p. 779.
application of Trmnan A . Taylor for an injunction to re­
Standard M illin g Co.—See United States Flour Milling
strain the company from paying dividends on the 20,000
shares of stock issued for the purchase of the property of the Co. below. —V. 73, p. 794.
Wagner Palace Car Co. This suit was brought in December,
Standard Pneumatic T ool Co.— Proposed Consolidation.—
1899.—V. 73, p. 898,
It was originally proposed to unite all the pneumatic tool in­
Scullen-Callflgher Iron & Steel Co., St. Louis .—Increase terests of the country in a single corporation, but obstacles
o f Stock.—This company, incorporated in Missouri in July, to that plan having arisen, the Chicago Pneumatic Tool Co,
1899, has increased its capital stock to $750,000, See “ New (see above) is carrying out one consolidation, and another
entirely distinct is contemplated under the title of the Stand­
Companies,” Y , 69, p. 230.
ard Pneumatic Tool Co., to include the following :
Sharon Steel Co.—Status.—This company, which was in
S ta d ard P e u
tic
o o Co. o C
a g w h $2,500,000 c
l
corporated about two years ago (October, 1899), has proceeded s to cknan d p la n ts mtaA u r T r a ,l 111.; Inf te rh io t ioo a l itP n e u m a tic T o o l a p ita f
n
a
o
na
n
Go. o
so quietly with its plans that comparatively few persons ap­ L o n d o n , w it h p la n t a t C h ip p en h a m , W ilts h ire , E n g la n d ; P h ila d e lp h ia
preciate how extensive are the plants which have been and P n e u m a tio T o o l Co.; S ta n d a rd B a il w a y E q u ip m e n t Co. o f St. L o u is ;
are being established by it at Sharon, Pa., or how thor­ C le ve la n d P n e u m a tio T o o l Co.
Charles R. Flint of this city is in charge of this latter con­
oughly the company has entrenched itself by the acqui­
sition of ore bands on the Mesaba Range, and of coal, coke solidation.
and limestone properties in Pennsylvania. It w ill presently
Standard Steel Car Co. (P itts b u rg ).— Incorporated,—This
have an output of 1,000 tons daily, the product including, company, as expected, was incorporated in Pennsylvania on
besides billets, etc,, wire and rods, steel pipe, tin plate and Jan. 2. Authorized capital stock, $3,060,000. Incorporators:
sheet steel, viz.:
J. M. Hansen, H. J. Gearhart and Peter F. McCool, recently
No. o f
------ Daily Capacity (Ions).------ , Chief Engineer, Manager and Superintendent, respectively,
Plants—
Mills.
In operation. U nder contract.
for the Pressed Steel Car Co.— V. 73, p. 1318.
600
B la s t f u r n a c e . . . . . .....................
1
O p en -h ea rth f u r n a c e s . ., ......... 12
(8 ) 800
(4) 400
Stock C ollateral Subject to War Tax.—Decision.—See
B lo o m in g m i l l .......................
1
1,000
Pennsylvania Company under “ Railroads.”
700
B ille t m ill....................................
1
1
W ir e m i l l .....................
400
Sw ift & Co.— Increase o f Stock.—-The shareholders on Jan.
P ip e m i l l . ................................. ,
1
300
2 ratified the proposition to increase the capital stock from
T in m ills ............ ...............
20
200
$20,000,000 to $25,000,000, as stated in V. 73, p. 1212, 1268.
S h eet m ills ....................
10
(1 0) 100
Through the Sharon Ore Co. control has been acquired of See report on p. 92.—V. 73, p. 1268.
iron deposits on the Mesaba Range which are estimated to
Tennessee Coal, Iro n & R E . Co.—Maturing Bonds.— T
he
contain about 20,000,000 tons of ore; through the Sharon $120,000 South Pittsburg purchase bonds due Feb. 1, 1902,
Coke Co. the ownership has been obtained of 1,3U0 acres of with coupon due same date, w ill be paid at maturity at the
coal and 200 acres of surface land in Fayette County, Pa., Central Trust Co. of N ew York.—V, 73, p. 1117,
and through the Sharon Coal & Limestone Co. large tracts
Tennessee Manufacturing Co.—Deposits.—More than nineof coal and limestone property have been purchased in M er­
tenths of the capital stock and about four-fifths of the bonds
cer, Butler and Lawrence counties, Pa.
The Sharon Steel Co. recently issued $500,000 additional having signified approval of the plan of reorganization, and
stock, making $4,500,000 outstanding, in $100 shares, all of it being desired if possible to avoid foreclosure, the time for
one class. The total authorized stock is $5,000,000. In addi­ deposit of the remaining securities has been extended until
Feb. 1,1902.—See Y . 73, p. 1212.
tion bonds have been created as follows:
T h e $ 150,000 g o ld bonds ottered b y K in g , H o d e n p y l & Go., w e r e
>
o v e r su b scrib ed s e v e r a l tim es. T h e u n d e r w r itin g p r iv ile g e s o ld y e s ­
te rd a y a t 14 p e r c en t p rem iu m . T h e bonds w e r e o ffered a t p a r, and
each $ 1,00 0 c a rrie d w ith it s e v e n shares o l sto ck , p a r v a lu e $ 50 each.

Dale.

Interest.

Outstand’g.

Maturity.

1st mort., gold, sink ? 1900 5 g. A O
$1,000,000
Oct. 1, 1940
lu g fu n d ........... ........ 5 Subject to call a t par a fte r Cot. 1,1910.
1st m ortgage on T u b e ) 1901 5 g. J& D
$1,000,000
(1)
m ill, 2d m o rtgage on y Subject to ca ll at 105 p rior to June l , 1911,
other p roperty...........) and at par a fte r June 1,1911.
Sharon Coke Co. 1st M. > 1901 5 g. J&D
None.
(?)
$1,250,000 g o ld ........ 5 Subject to call a t p ar a fte r Deo. 1,1906.

Toward the ultimate redemption of bonds of 1900, $250,000
has been deposited with the Union Trust Co. of Pittsburg,
trustee.
The capital stock of the subsidiary companies is as follows:
Date o f ' /
—------------Capital Stock.---------------.
In co rp ’n. A uthor’d. Issued. Steel Co, Owns.

Sharon Coal & L im e ­
stone Co........... .....D e c ., 1900
$200,000 $200,000 6623 p er cent..
Sharon Coke C o ...___A p r., 1901
2,500,000
(?)
A ll.
Sharon O re C o...................... 1900
200,000 200,000
A ll.
Sharon Sheet SteelCo.Bept., 1901
500,000 500,000
A ll.
Sharon T in P la te C o...
...1 9 0 0
800,000
800,000 60 p er cent.
Sharon Steal Tube O o..........1900 2,000,000 1,000,000
A ll.

In April last George W. Darr (office, 25 Broad St., this
city) succeeded Frank H. Buhl as President of the Sharon
Steel Co. The company, we are assured, is not dominated by
the United States Steel Corporation.
Contract fo r Ore—Extensions—President Geo. W . Darr
has confirmed for us the following:
A contract has been made w ith the Consolidated Lak e Superior Co.
callin g fo r the d elivery to the Sharon Steel Oo o f 250,000 tons o f H elen
iro n ore, at th e rate o f 50,000 tons p er annum.
The directors have authorized the im m ediate erection o f tw o blast
furnaces, w ith an aggegate capacity o f 700 tons a day, raisin g the
com pany’ s to ta l p ig iron capaoity to about 1,200 tons daily. The work
on th e plan t o f the Sharon Tube Co., a subsidiary concern, is b ein g
ra pid ly pushed. It. is expected to be in operation by June 1. The 12m ill sheet p lan t o f the Sharon Sheet Steel Co. is progressing, and
w ill probably be w orkin g on M ay 1. I t has also been determ ined to
add fou r additional open-hearth furnaces to the present equipm ent o f
e igh t furnaces.—V . 73, p. 725.

Sbickle-Harrison-Howard Iron Co., St. Louis, Mo.—
Stock Increased.—This company, which in May, 1900, in­
creased its authorized capital stock from $550,000 to $1,000,000. has now increased it to $2,250,000.
(John P .) Squire & Company (Packing).—Stock Offered
—The company is offering for subscription at par its entire
issue of $1,51 0,000 six per cent cumulative preferred stock,
The proceeds will be used in part to liquidate certain loans
and the balance will go into the treasury, making the quick

Timber Certificates.—Offering.—Brown Bros. & Co. are
offering at 100 and interest $6,000,000 of gold 6 per cent Tim­
ber Certificates of Beneficial Interest in Kirby Lumber Con­
tract issued by the Maryland Trust Co., Baltimore, trustee.
The security for these certificates is described as follows:
(1) 6,426,000,000 fe e t o f s ta n d in g y e llo w p in e tim b e r t w e lv e in ch e s
and u p w a rd in d ia m e te r n e a r B ea u m o n t. T e x .; (2 ) $ i0 ,3 8 0 ,000 c o n ­
tr a c t o f th e K i r b y L u m b e r Co. (V. 73, p. 141,) a ssign ed t o th e tr u s te e
(3) g u a ra n ty o f p a y m e n ts u n der th is c o n tr a c t b y th e H o u s to n O il Co.
o f T e x a s (V . 73, p. 2 8 9 ,1 4 1 ,) secu red b y a m o r t g a g e on a ll its p r o p ­
e r ty , w h ic h in clu d es a m o n g o th e r assets 883,810 a cres o f la n d c a r r y ­
in g th e a b o v e tim b e r an d 200,000 a c re s a d d itio n a l o f o il lea ses, eto.

The certificates are issued in series lettered from A to Q,
inclusive, series “ A ” ($100,000) maturing on Aug. 1, 1908;
series “ B” ($140,000) on Aug. 1, 1904, and the remainder
semi-annually thereafter in amounts rising from $160,000 to
$520,000, the last instalment (series Q $370,000) being due
Feb. 1,1912, The interest is payable Feb. 1 and Aug. 1 at
the Maryland Trust Co. or Brown Bros. & Co. The issue is
limited to $11,000,000, but the remaining $5,000,000 can be
disposed of only for additional property. The circular of
the bankers gives many additional particulars.
Union Lead & Oil Co.—In Operation Jan. 15,—The com­
pany announces that it will begin to fill orders for white
lead products from its Brooklyn plant on Jan. 15, This plant
has a capacity of about 12,000 tons a year, and by a new
process can, it is claimed, corrode the pig lead into a superior
grade of white lead in about three days in place of taking
several months. The company also has in contemplation the
erection of plants at Chicago, St. Louis and on the Pacific
coast. Gay G. Major, who has temporarily occupied the
position of General Manager of the American Linseed Co.
during the illness of L. M, Bowers, and who was formerly
President of that company, is now associated with Homer
Wise in the management of the Union Lead & Oil Co,—Y .
73, p. 1067.
Union Lumber Co.—Called Bonds,—A ll the collateral
trust bonds of 1899 have been called and will be paid at t he
Title Guarantee & Trust Co.. Atlanta, Ga., or at the atfioe of
Old Colony Trust Co., Boston, Mass. Interest ceased Jan. 1.
Universal Tobacco Co.— O fficers . — The directors are;
W illia m H . B u tle r (P re s id e n t), F r a n k T U O m l (V ic e •PrestAentb o f
P a r k & T ilfo r d ; E A . M o A lp in , o f D . H . M c A lp tn & Co.: J 1, Ulotv
ards, o f th e H a r r y W e ls s in g e r T o b a c c o Co, , o f L o u is v ille , K y .; G e o r g e

J anu a r y 11, 1902.]

THE CHRONICLE

R . S h e ld o n , B a n k e r, 2 W a ll S tr e e t; H e n r y R . W ils o n , o f W ils o n A
S te p h e n s , 41 W a ll S tr e e t, a n d W . D. J u d k in s , o f D a n v ille , V a ; H a r r y
W e ls s ln g e r , L o u is v ille , K y . — V. 7 3, p . 9 15 .

United States Flour Milling Co.—Sale Feb. 1U —The fore­
<
closure sale is set for Feb. 14 at Jersey City. The Standard
Milling Co. has already been organized to succeed to the
property. See page 160 of I nvestors’ Supplement.— V, 78,
p. 915.
United States Gypsum Co,— Consolidation.—This com­
pany was incorporated at Trenton, N. J., December 27th
fast, with $7,500,000 capital stock, as follows,viz,: 7 per cent
cumulative preferred, $4,500,000; common stock, $3,000,000.
This paid -up capital will, we are informed, be increased to
$10,000,000 before the new company begins business (Jan­
uary 10th to 20th). There will be no bond issue.
The company is a consolidation of some 25 of the principal
gypsum-produoing companies in the United States, among
which are the following:
(1 ) A la b a s t e r C o., A la b a s t e r . M lo h .; ( 2 ) 0 . B. E n g lis h P la s t e r C o.;
(8 ) E n g lis h P la s t e r W o r k s ; (4 ) G e n e s e e S tu c c o W o r k s , a ll o f O ak n e ld , N . Y . ; (5 ) D a r r P la s t e r C o .. G r a n v ille , M lo h .; (6 ) M id la n d
P la s t e r & C e m e n t C o ., G r a n d R a p id s . M loh .; (7 ) B lu e V a l l e y P la s t e r
C o ,, a n d (8 ) B lu e R a p id s P la s t e r C o. o f B lu e R a p id s , K a n .; (9 ) K a n s a s
C e m e n t P l a s t e r C o.. H o p e , K a n .; (1 0 ) R o m a n C e m e n t P la s t e r C o.,
S p r ln g v a le , K a n ; (1 1 ) O k la h o m a C e m e n t P la s t e r C o ., O k a r c h e , O .
T .; (1 2 ) C a rb o n P la s t e r C o ., a n d (1 3 ) F o r t D o d g e P la s t e r C o., F o r t
D o d g e , I o w a ; (1 3 ) B ig F o u r P la s t e r C o., O a k fle ld , N . Y . ; ( 1 4 , 1 5 , 1 6
a n d 1 7 ) A d a m a n t M a n u fa c tu r in g C o ., M in n e a p o lis , M in n ., M ilw a u k e e
a n d S u p e r io r , W is ., a n d G r a n v ille , M ic h .; (1 8 ) R o o k P la s t e r C o.,
C h ic a g o , 111.. (1 9 ) W y m o r e P la s t e r C o., W y m o r e , N e b .; (3 0 ) L ie n s
W a l l F in is h C o., C h ic a g o ,

101

fr a n c h is e s , d o e s a ll th e e le o t r lo lig h t in g f o r th e c i t y o f U t ic a a n d v i c i n ­
i t y a n d fu r n is h e s g e n e r a l e le o t r lo p o w e r to a la r g e n u m h e r o f lo c a l
m a n u fa c t u r in g e n t e r p r is e s a n d a ll th e p o w e r f o r t h e o p e r a t io n o f th e
U t lo a & M o h a w k V a l l e y S t r e e t R a ilw a y G o ., a c o r p o r a t io n w h loh w i l l
e v e n t u a lly o p e r a t e a b o u t 100 m ile s o f tr a c k . (S e e V . 7 3 , p. 1 2 6 5 .)

N. W . Harris & Co. of this city are offering $200,000 of the
first mortgage 5 per cent sinking fund gold bonds, dated
Jan. 1, 1900, and due Jan. 1, 1950, without option of prior
payment; price 108 and interest, netting 4-6 ner cent. Trust
Company of America, mortgage trustee.—V. 72, p. 884.
Virginia-Carolina Chemical Co. - A n t i- Trust S uit.—A t ­
torney General Bellinger of South Carolina has brought suit
against this company and six of its controlled companies for
violation of the State’s “ anti trust” A ct.—V. 73, p. 1365.
Warner-tjuinlan Asphalt Co. of Syracuse.—Competition.
—Hugo Reid, the Company’s New York Manager, who was
for a long time with the Barber Asphalt Co., is quoted as
follows with reference to the contest with the National
Asphalt Co. (which see above):
O u r c o m p a n y h a s s e c u re d c o n t r a c t s f o r m o r e th a n 1 ,0 0 0 .0 0 0 s q u a r e
y a r d s o f a s p h a lt d u r in g th e y e a r (1 9 0 1 ), a n d c o m p e t it io n h as c u t
d e e p ly in t o th e p r o fit s o f t h e tr u s t.
T h e u t t e r f u t i l i t y o f t h e a t t e m p t t o m o n o p o liz e t h e p r o d u c t Is s e e n
In th e g o o d fo r t u n e w e h a d In T r in id a d . O u r c o m p a n y w a s f o r m e d
a f t e r th e t r u s t w a s o r g a n iz e d . W e fo u n d a p it o h la k e In T r in id a d t h a t
n o o n e had b e fo r e c o n s id e r e d v e r y v a lu a b le . W e p u r c h a s e d i t f r o m a
R o m a n O a th o llo o r d e r in T r in id a d . W e t o o k 1 0 ,0 0 0 to n s o u t o f th is
la k e in th e s p r in g , a n d w it h in a f e w w e e k s t h e la k e w a s f u l l o f p itc h
a g a in . T h is w a s u n u su a l, a n d m a d e i t p o s s ib le t o s u p p ly a s p h a lt a t a
g r e a t ly r e d u c e d fig u r e . T h e t r u s t h a s in c e r t a in p la c e s a t t e m p t e d t o
e t iile o u r c o m p e t it io n b y m a k in g b id s a t r u in o u s ly l o w p r ic e s . I n o n e
o a s e th e t r u s t b id a b o u t $1 75 w h e n b y n o p o s s ib ilit y c o u ld th e w o r k
h a v e b e e n d o n e p r o fit a b ly f o r le s s th a n $ 2 5 0 p e r s q u a r e y a r d .

The full amount of capital stock has been underwritten by
the contracting parties, and the officers and directors will be
The Warmer-Qainlan Co., it is understood, is not incorpo­
composed of practical men selected according to fitness from
the officials of the constituent companies. Among the par­ rated. Compare item V 71, p. 1272.
ties most prominent in this organization are:
Wells, Fargo (Express) Co.—Oncers.—General Manager
G e o r g e D . E m e r y o f B o s to n , W . A . A v e r y o f D e t r o it , E m il D u r r of Dudley Evans has been made Acting President to succeed the
M ilw a u k e e , S. T . M e s e r v e y , P r e s id e n t o f th e F i r s t N a t io n a l B a n k of
late J. J. Valentine, and E. H. Harriman has been elected a
F o r t D o d g e , I o w a , a n d H e w i t t B o y c e o f K in g s t o n , N . Y .
The chief promoter of the company is Percival S. Jones of
N ew York City. The main office w ill be 184 La Salle Street,
Chicago, with branch offices in Buffalo, Omaha and St.
Louis,
United States Rubber Co.— Competitors.— The failure of
George Watkinson & Co. was noted last week. The Byfield
Rubber Co. also, we are informed, has gone ont of business,
while the Monarch Co. has shut down its plant, but may
resume when times are more propitious. The policy, there­
fore, of extremely low prices which was adopted by the
United States Rubber Co. early last year seems, as pointed
out by the “ Boston News Bureau,” to have succeeded in
eliminating some portion of the recent competition. (See
list of competitors, with output, in Y . 71, p. 37.) An in­
crease in prices was noted last week.— Y . 74, p. 52.

United States Steel Corporation.—New Treasurer.—Sec*
retary Richard Trimble has been elected Treasurer to suc­
ceed Arthur Luke, who resigned to become a member of the
banking house of Darr, Luke & Moore of this city and
Pittsburg. Mr. Darr is President of the Sharon Steel Co.
Coal Lands — See Pocahontas Coal & Coke Co., V. 74, p. 52.
Earnings.—The report of earnings for the first nine
months of the company’s existence was issued on
Tuesday. It is signed “ E. Shearson, Comptroller,” and
aays with reference to the decreased December earnings
that “ during the close of lake navigation, from December to
April, inclusive, the earnings of mining and transportation
companies are, of course, diminished.” The statement,
which shows the actual earnings of all the companies con trolled by the United States Steel corporation, follows:
E AR N ING S FOR N IN E MONTHS E N D E D DEC. 3 1, 190 1 (D E C . ESTIMATED).

A p r i l ..........
M a y ............
J u n e ...........
J u l y ...........
A u g u s t ___
S e p te m b e r

$ 7 ,3 5 6 ,7 4 4
9 ,6 1 2 ,3 4 9
9 ,3 9 4 ,7 4 7
9 ,5 8 0 ,1 5 1
9 ,8 1 0 ,8 8 0
9 ,2 7 2 ,8 1 2

O c t o b e r .......................... $ 12 ,2 0 5 ,7 7 4
N o v e m b e r ......................
9 ,7 9 5 ,8 4 1
D e c e m b e r (e s t im a t e d ).
7 ,7 5 0 ,0 0 0
T o t a l e a r n in g s ___ $ 84 ,7 7 9 ,2 9 8

Deduct—
S in k in g fu n d s on U n it e d S ta te s SSteel C o r p o r a t io n b o n d s
a n d b on d s o f s u b s id ia r y c o m p a n ie s ........................................
D e p r e c ia tio n , r e s e r v e a n d c o n t in g e n t fu n d s a n d i m ­
p r o v e m e n t s ...........................................................
N in e m o n th s’ In te r e s t on b o n d s ...................................................
N in e m o n th s ’ d iv id e n d s o n s to c k s , v iz .:
U n it e d S ta te s S te e l C o r p o r a t io n :
P r e fe r r e d , 5qo/0 a % a n n u a lly )..............................................
C o m m o n , 3% (4 % a n n u a lly )...................................................
O u ts ta n d in g s to c k s o f s u b s id ia r y c o m p a n ie s .......................

$ 2 ,2 6 3 ,2 9 2
9 ,6 9 5 ,7 0 2
1 1 ,4 0 0 ,0 0 0
2 6 ,7 5 2 ,8 9 4
1 5 ,2 2 7 ,8 1 2
2 5,10 1

T o t a l d e d u c tio n s ................................................... , ................... $ 8 5 ,3 6 4 ,8 0 1
B a la n c e a p p lic a b le to s u rp lu s o r n e w c o n s t r u c t io n .............$ 1 9 ,4 1 4 ,4 9 7
— V . 73, p . 1167.

United Telephone & Telegraph Co.—Proposed Purchases.
—The shareholders w ill vote at the office No. 112 North
Broad St., Philadelphia, on Feb. 25, on propositions to pur­
chase the property and franchises of the Ambler Telephone
Go. of Ambler, Pa., and the North & West Branch Telephone
Co. of Williamsport, Pa.
Lease.—
Cumberland Telephone Co. aboye.—See V. 73,
p. 448.
Utica (N. Y.) Electric Light & Power Co.—Earnings—
Bonds Offered.—This company reports for the year ended
Dec. 31, 1901, gross receipts of $177,185; operating expenses,
$08,685; net earnings. $1.08,450, an amount sufficient to pay
the interest on the entire authorized issue ($1,000,000) of
first mortgage 5s and over 5 per cent on the $1,000,000 capital
stock. An advertisement says :
T h e n e t e a r n in g s f o r th e la s t si* m o n th s h a v e b e e n a t th e r a t e o f
a b o u t $ 1 5 0 ,0 0 0 p e r an n u m . T h e c o m p a n y , o p e r a t in g u n d er p e r p e tu a l

director.—Y . 73, p. 1318.

Westinghouse Electric & Manufacturing Co.—Rumors.—
A sharp advance last week in the price of the company’s
stock gave renewed currency to the old report of impending
closer relations with the General Electric Co. In spite of
numerous denials, the rumors seemed to take rather more
definite shape than has usually been the case; one paper for
instance on Jan. 3 saying:
P r e s id e n t C o ffin , o f th e G e n e r a l E l e o t r l o C o ., a a b o r t t im e a g o b o u g h t
a b lo c k o f W e s tin g h o u s e E l e c t r i c s to c k a n d c e r t a in N e w Y o r k i n t e r ­
e s ts h a v e b o u g h t s o m e o f th e s h a re s, b u t t h e s to c k Is o w n e d p r in c ip a l­
l y in P it t s b u r g a n d c o n t r o l w i l l r e m a in in th o s e h a n d s in w h ic h i t n o w
r e s ts .

Humphries Miller, of Pittsburg, however, in his weekly
circular, issued Jan. 4, said:
T h e W e s tin g h o u s e E le o t r lo s to c k s h a v e b e e n v e r y s tr o n g , a n d b o t h
th e fir s t a n d s e c o n d p r e f e r r e d r e a c h e d h i g h e r p r ic e s th a n e v e r b e fo r e .
W e d o n o t s h a re th e o p in io n t h a t th e m o v e m e n t is b a s e d u p o n a n y
d e a l w h ic h m a y I n v o l v e o lo s e r r e la t io n s b e t w e e n th e W e s tin g h o u s e
a n d G e n e r a l E l e c t r i c c o m p a n ie s . W e h a v e a n id e a t h a t t h e b u y in g
f r o m 75 t o 85, w h ic h b e g a n in N e w Y o r k , w a s b a s e d u p o n s e m i- o ffic ia l
in t im a t io n s a s t o w h a t th e c o m p a n y is d o in g a n d a s t o w h a t th e m a n ­
a g e m e n t p r o p o s e s t o d o in th e m a t t e r o f e it h e r in c r e a s in g th e c a s h
d i v id e n d o r d e c la r in g a s to c k d iv id e n d , a n d t h a t th e s u b s e q u e n t r i s e
o f $5 a s h a re w a s l a r g e l y s p e c u la t iv e .— V . 7 3, p . 1 3 1 8 .

Westinghouse Machine Co.—New Stock.—The sharehold­
ers on Jan. 7 approved the proposition to increase the capital
stock from $3,1)00,000 to $5,000,000. A part of the stock has
heretofore been preferred, but the preference rights, it is
now announced, are to be relinquished, placing all the stock
on the same basis.—V. 73, p. 1014.
Youngstown (0 .) Iron, Sheet & Tube Co.—Increase o f
Stock.—The directors have decided to increase the capital
stock from $2,000,000 to $4,000,000 without a bond issue.—See
V. 73, p. 1365.
—The forty-second annual statement of the Home Life
Insurance Company shows that it nas progressed during the
year along remarkably successful and conservative lines. It
has increased its outstanding insurance by nearly six m il­
lions; its assets a million; its payment to policy-holders nearly
30 per cent; its contingent liability fund, an amount volun­
tarily set aside to meet possible fluctuations in price of
securities, to $100,000, and now has a net surplus of $1,310,131. It treats, as it always has, its deferred dividends as a
liability, which fund has increased from $736,337 to $856,819.
Many companies use this item to swell their surplus, and had
the Home so treated it its surplus would have been increased
to $2,166,950. Progressiveness and growth are notable feat­
ures in this statement.
—The Hand-Book of Railroad Securities, compiled by the
publishers of the Financial Chronicle , w ill be issued next
week. The book contains in small compass a vast amount of
information concerning the various railroads and a number
of the industrials whose securities are dealt in on the leading
Stock Exchanges. It shows their earnings, dividends, etc.,
for a series of years, their present fixed charges, and also the
amounts of the different issues of bonds outstanding, their
rates of interest, etc. There is also given the monthly range
of stocks and bonds for 1900 and 1901 and a yearly range for
the past four years. Price one dollar, or to Chronicle sub­
scribers, seventy-five cents.
—Attention is called to a list of bond offerings advertised
in another column by Messrs. Lawrence Barnum & Co. The
firm have issued a circular giving particulars of several bond
issues, which may be had on application.

THE CHRONICLE.

102

[Vol. LXX1V.

COTTON,

(&omnuxtml

F r i d a y N i g h t , January 10, 1902.
T he M o v e m e n t o f f t h e C r o p , a s indicated by our telegrams
from the South to-night, is given below. For the week ending
C O M M E R C IA L
EPITO ME.
this evening the total receipts have reached 278,868 bales,
F r i d a y N i g h t . Jan. 10, 19(2
against 291,314 bales last weekr and 299,256 bales the previous
Generally reports indicate satisfactory progress in business week, making the total receipts since the 1st of Sept., 1901,
since the tarn of the year. Travelers in many lines of trade 5,170,361 bales, against 4,883,618 bales for the same period of
have started on their routes and during the past week have 1900-1, showing an increase since Sep. 1,1901, of 336,743 bales*
Receipt* at—
# r*.
ToJtlf.
been t ending in a fair number of orders. Dealers and jobbers,
Tue*.
Wed. Thurs.
Mat.
Mon.
m a rule, are umb rstoud to be looking forward to an active G a lv e s t o n ...... 12,564 12,012 17,204 8,681 11,307 11,006 72,774
spring trade, and have been placing orders in anticipation of
542
Sab. P a ss, &c.
542
their coming wants. Prices generally have been well main­ N e w O r le a n s .. 19,070 15,801 20,771 21,606 10,510 16,968 104,735
170
3,801
372
462
1,417
23
1,517
tained. Advices from Washington report the outlook good M o b ile .............
10,812 10,812
im m r «»•»«.«• HHaiiaa
mm
P e n s a c o la , A c .
• mm.
mm m
for Congressional legislation in favor of a reciprocity treaty S a v a n n a h ..... 4,783 6,854 7,620 2,616 4,422 6,103 32,428
with Cuba,
! .......
.........
3,986
3,986
B n an sw ’ k.& o
482
2,848
8,634
1,506
993
1,768
1,037
Lard on the spot has had only a very moderate sale on the C h a rles to n .....
30
36
««««* »
mmrn
mm w
P t . R o y a l, A c
**#««»
local market, and reflecting weaker advices from the West
8,257
424
532
5,589
274
781
657
there has been a gradual sagging of prices. The close was W ilm in g to n ...
5
......
a .....
......
5
W a s h ’ to n .& o ' .........
easier, with prime Western quoted at 9 9?%c. and prime City N o r f o l k . . . . . . .
1,654 10.010
4,351
2,496
2,831
1,359
3,028
at 9,25@9‘60c. The demand for refined lard has shown no N ’ p 't N e w s , A o.
1,341
1,841
5,531
915
443
316
198
2,655
improvement, exporters still holding off; prices have been N e w Y o r k . . . . . 1,004
0,260
473
1,434
877
1,669
981
882
easier, closing at 10*15c. for refined for the Continent. Specu­ B o s t o n . . . . . . . . .
......... ......... . . . . . . 2,328 2,328
lation in lard for future delivery has been quiet, with only a B a lt im o r e . . . . .
1,213
775
199
49
48
142
F h lla d e l'a , & o..
slight change in prices. The close was quiet and easier.
T o t . th is w e e k 43,594 43,497 50,336 44,658 31,232 65,551 278,868

d a i l t c l o s in g f r ig e s o f l a r d f u t u r e s .

Sat.
J a n u a r y ,.......... ................. .

10-20

Mon.
10-20

Tue*.

Wed.

T k u rt.

S ri,

1010

10-10

1010

9-05

Pork has had a moderate jobbing sale and prices have been
w ell maintained, closing at $16 75@17 75 for mess, $17 50@
18 for family and $18 50@2Q 50 for short dear. Cut meats
have been in moderate demand and steady at 7c. for pickled
f or pickled hams and 8%@9!^c. for
shoulders, 9
pickled bellies, 14@10 lbs. average. The demand for beef
has been limited but prices have not charged from $8 50@9
for mess, $10 50@11 50 for packet, $12@13 for fam ily and
$18 50@19 00 for extra India mess in tcs. Tallow has ad­
vanced slightly, closing firm at 63^@63>^c. Stearines have
been in fairly active demand, closing steady at l l @ 113^c. for
lard stearine and 113 ^c. for oleo’ stearine. Cotton-seed oil
has been in fair demand and prices have advanced, closing
at 433^@44c. for prime yellow. Butter has been quiet and
the close was easier at 15@24c. for creamery. Cheese has
been in fair demand and firm at 7@UJ^c. for State factory,
fu ll cream. Fresh eggs have held steady, with choice West­
ern at 35c.
Brazil grades of coffee have been dull and there has been
a gradual sagging of prices, the weakness of the statisti­
cal position and a growing tendency to increase estimates of
the yield of the next Brazil crop being the principal de­
pressing factors.
The close was steady, with Rio No, 7
quoted at &%e. W est India growths have been practically
neglected and prices have been nominal, with good Cucuta at
9c. East India growths have been quiet. Speculation in
the market for contracts has been fairly active. There has
been steady selling by tired speculative holders to liquidate
their accounts, and in the absence of support to the market
prices have declined. The close was steadier. Following
are the closing asked prices :

The follow ing shows the week's total receipts,the totalsince
Sept.1,1901, and the stock to-night, compared w ith lasfcyear.
1901-02.

Receipt* to
Jan, 10.

Thit
week.

Stock.

1900-01.

Since Sep.
1 ,1 9 0 1 .

TM»
week.

Since Sep.
1, 1900.

1902.

1 90 1.

2 56,026

180,060

354,371
38,647

360,443
34,833

137,433
7,987
23,881

116,085
6,751
16,535

25,153

8,9 70

49,199
1,178
122,093
49,000
17,581
4,562

30,156
3,881
94,459
09,000
9,023
4,900

T o t a l s . . . . . 278,868 5,170,361 174,910 4,833,618 1,087,111

934,602

Galveston...
Sab. P., Ac.
New Orleans
M o b ile ......
P’saoola.&c.
Savannah...
B r’wiek.&e
Charleston..
P.Royal.&o
Wilmington
Wash’n, &c.
N o rfo lk ......
N’port N .,& e
N e w York..
B oston ......
Baltim ore..

72,774 1,476,326
542
42,731
104,735 1,456,416
125,372
3,961
10,812
129,816
864,325
32,428
3,986
107,328
8,634
211,533
36
1,353
8,257
224,371
350
5
317,043
18,019
1,341
12,776
75,944
5,531
58,202
6,266
48,953
2,328
17,522
1,218
P h ila d e l.& o

58,412 1,318,753
23,789
2,170
55,019 1,593,056
2,220 95,266
6,339
90,976
715,827
14,459
5,897
68,517
1 87,450
3,793
584
15
209,151
2,109
494
17
4,614
270,992
29,182
587
58,351
6,799
128,784
7,050
35,334
4,987
12,312
417

order that comparison may be made with other years,
we give below the totals at leading ports fo r six seasons.
In

Receipts at—

G a lv e s 'n .& e .
N e w O rlea n s
M o b i l e .. . . . .
S a v a n n a h . ..
Ohas’ to n , * e
W llm 'to n ,
N o r fo lk . . . . .
N , N e w s , Ac.
J a n .. . . . . . . . . . . . 8 '35e. ; J u n e . . . . . . . . . . . . 6 7 5 o . j S e p t .. . . . . . . . . . . 7 '0 0 8 .' A l l o t h e r s ...
M a rc h
. . ....... 6"50o. I J u l y . . . . . . . . . . . . 6-85e. O o t . . . . . . . . . . . . . 7-05e.
g o t . th is wfc.
M a y . . . . . . . . . . . 6-85c. i A u g . . . . . . . . . . 6 ‘90e. | B e © . . . . . . . . . . . . 7-25e.

1902.

1901.

1899.

1900.
28,814
45,135

73,316
104,735
3,961
32,428
8,670
8,262
10,019
1,341
30,136

60,588
55,019
2,226
14,459
3,808
2,126
4,614
587
31,489

22,680
3,170
5,578
7,655
1,563
22,491

55,5.01
66,087
5,107
16,675
8,321
3,310
13,303
446
38,152

278,868

174,916

145,974

206,902

8,888

1898.

1887.

57,535
124,839
12,343
24,649
9,144
3,851
12,808
394
25,909

37,613
50,232
6.775
12,547
6,713
4,155
11,028
375
22,403

271,472

151,841

Raw sugars have been dull and easier, closing at 3^c. for Sin ce S e p t. 1 5170,361 4833,618 4210,764 6292,837 6145.209 5271,631
centrifugals, 96 deg. test, and 3c. for muscovado,,89-deg. test.
The exports for the week ending this evening reach a total
Refined sugar has been dull and unchanged at 4*75c. for of 229,923 bales, of which 115,496 were to Great Britain, 14,340
granulated. Orher staple groceries have teen steady to firm. to France and 100,087 to the rest o f the Continent, Below
Kentucky tobacco has received a moderate amount of at­ are the exports for the week and since 3e? t. 1. 1801
tention from exporters. Further sales have been made to
f r o m S t v i 1,1901, M Jan. 10,1808
W ith , Jlndlni J a n . 10,19C2.
Hayti, and European buyers have been making inquiries for
£ & p o rU ;i t o tobacco for shipment to Africa. Seed leaf tobacco has been
lolstl G re a t Trane* C s n U S re a t
from—
P ro m t
to ta l.
quiet but steady. The only sales of importance during the
Brit’n.
W e e k . B rits in .
n m t.
n m t*
week have been 1,G0G casts 1900 crop, Pennsylvan'a setcl leaf,
31,529
Salves ton ....
29,873 63,802 593,254 218,537 816,760 1,128,601
at
, and SC cases 1900 crop, Spanish Zimmers, at
O
11,506
28,761

14Jy£c.

Only a limited amount c f business has been transacted in
the market for Straits tin, but the tone of the market has
held fairly steady, closing at 22 60@23c. Ingot copper has
been quiet.and unsettled. The quoted price for Lake has
been 12J^c,, but there have been rumors of lower prices.
Lead has been dull and unchanged at 4c. Spelter has sold
slowly, closing at 4*35@4'40c. P ig iron has been in fair de­
mand and firm.
Refined petroleum has been unchanged, closing steady at
7'2Cc. in bbls , 8 30c, in cases and 4-65c. in bulk. Naphtha
has been unchanged at 9*05c. Credit balances have been un
changed at $115. Spirits turpentine has been finnly held,
reflecting firm Southern advioes, closing at 89^@40e. Rosins
have been quiet but steady at $1 50@1 55 for common and
good strained. W ool has received slightly increased atten­
tion from buyers. Hops have been quiet but steady.

3ah.Pa#»,&c..
......
N®w Orleans.. 36,361 18,421 32,044 80,816
M o b lif___.....
7,118
2,676 10,124
Pensacola....
10,293 26,480
gaTaimah...... 16,197
...... .
Brunswick...
10,050
Charleston.,, 10,050
......,
.
Port R o ya l...
W ilm ington..
M’-port N., Ac-Mew Y o r k .,.. 10.307
1,71*
B altim ore,,..,
.........
Philadelphia..
Banff ran,, Ac., . .... ..

919

9,773 80,S99
600 2,814
150
450
*98
498
14,580 11,580

511,936 177,653
89,705
65,281 7,674
174,631 81,091
51,27* 5,018
43,658
95,18?
10,996
19,373
190 730 10,985
86,0/4
28,379
450
3,916
135

17,166
350.OE9 1,048,735
15,767
35,472
51,436 114,344
842,190 547,9.21
20.18S
79,505
67,525 101,188
98.849
1,800
119.06*
2,256
19,274
3,101
79.587

193,986
12,796
19.57S
830,769
88,339
48.103
6,017
30,030

T o ta l........... 116,490 11.310 100,087 828.923 1,929.699 151,488! 1,500,05* 3,874,139
till 132 19.8I0 09.931 958.161 1,814 170*24,341 l 344,006

THE

January 11, 1902.]

CHRONICLE

103

F utures .—Highest, lowest and closing prices at New York.

In addition to above exports, our telegrams to-night also
give us the following amounts of ootton on shipboard, not
oleared, at the ports named. W e add similar figures for
Hew York, whioh are prepared for our speolal use by Messro.
Lambert & Barrows. Proauoe Exchange Building,
ON SHIPBOARD, MOT OLKA RICO FOR—
Jan.

10 at— Great
Britain

G er­
Other
F r 'n c e m a n y . F o r ’g n

Coast­
wise.

Total.

L e a v in g
stock,.

28,408 1,892 6,549 13,080 1,302 51,291
52,611 34,940 14,027 7,272 12,088 120,933
1,050 3,900 18,000 . . . . . . . . . . . . 22,950
8,100 1,000 14,387
5,287 ......
5,6'o
‘6
15,000
10,000
. . . . . . 16,500 16,500
___
500
500
9,000 2,000
23,000
12,000

303,080
135,093
114,493
9,494
23,647
32,699
121,593
82,461

Total 1902.. 109,3 >6 40,732 52,576 30,952 30,945 264 561

822,550

New Orleans.
Galveston. ...
Savannah —
CTharleeton...
Mobile
Norfolk........
New York —
Other porta.

Total 1901.. 56,897 13,051 40,209 27.108 26,244 163,569 771,033
Total 1900.. 51,687 24,256 ----92,453-— ' 19,779 188,175 806,808
Speculation in cotton for future delivery has been fairly
active, but the undertone of the market has been unsettled.
Information relative to the crop m ivement has been the dom­
inant factor. Daring the first half of the week the tendency
of prices was downward. The receipts at the ports and the
principal interior towns continued considerably in excess of
those for the same period last year. This induced further
selling on the part of tired speculative holders to liquidate
their long contracts, and local bear holders also were in­
clined to be more aggressive. During the second half of the
week, however, the market turned stronger. The leading
bull interests again became aggressive buyers, based, it was
understood, on information from the Southwest fereshadowing a material falling off in the crop movement in the near
future. Rumors of a small crop estimate to be promulgated
by a prominent house also had a strengthening influence.
To-day there was a nervous and unsettled market. The
movement of the crop for the week was in excess of expecta­
tions, causing a slight decline in prices, which, however, was
partially recovered on buying by the bull interests. The
close was steady, with prices unchanged to 3 points lower for
the day. Cotton on the spot has been quiet at 8J^c. for mid­
dling uplands.
The rates on and off middling, as established Nov. 20, 1901,
by the Revision Committee, at whioh grades other than
middling may be delivered on contract, are as follows.
Fair......................... ..o. 1T4 on Good Middling Tinged_
_
Even
Middling Fair............... 0'80 on Strict Good Mid. Tinged.c. 0’20 on
Strict Good Middling...... 0 50 on Strict Middling Tinged__ 0-06 off
Good Middling............... 0 32 on Middling Tinged..............0T2 off
Strict Low Middling.......0-14 off Strict Low Mid. Tinged... 0 34 off
Low Middling................. 0-38 off Middling Stained . . . . . . . . . 050 off
Strict Good Ordinary____ 0-72 off Strict Low Mid. Stained... 1-06 off
Good Ordinary............... 1-00 off Low Middling Stained..... 1-50 off
On this basis the official prioes for a few of the grades for
the past week—Jan 4 to Jan. 10—would be as follows.

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T h e V i s i b l e b u p p l y o f C o t t o n t o - n i g h t , a s made up by
eable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week’s returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures f o r to-night
J a n . 10), we add the item of exports from the United States,
including in it the exports of Friday only,
1902
£9oi,
1900.
1899
UPLANDB.
S a t . M o n T u e s W e i l Via. F r I ,
-Jtook at Liverpool... bales. 943,000 680,000 726,000 1,498,000
'Stook at London...
......
5,000 12,000
2,000
3,000
77-25
G ood O rd in a ry ----------. . . . . . ___
7- 19 7-25
19 7-25
7-31
L o w M id d lin g ____________ _____ _ 77- 87
87
77- 93 7'81
87 7 ’81
Total Great Britain stock. 948,000 692,000 728,000 1,501,000
M id d lin g ........ .............. . . . . . . . .
13,000 Is,000
16,000
8k
8k
itook at Hamburg..... .............. 11,000
8k
8310 83ie
8*10
51 88- 63 8- 57 8- 51 8- 57
G o o d M id d lin g ___ ______________ 857
Stook at Bremen..... .
228,000 182,000 237,000 360,000
11 8-99
M id d lin g F a ir .......................... . 9905
905
8-99
9 05
Stook at Amsterdam.... ................... .
.......
2,000
3,000
Stock at Rotterdam...........................
200
200
300
GULF.
S a t . M o n V u e s W e d V ia , F r I .
Stock at Antwerp....... ......
3,000
4,000
5 000
7,000
Stook at Havre...........
167,000
123.000 265,000 271,000
50 Stock at Marseilles..... ........
7- 56 7- 50 7- 44 7- 44 7-50
7G o o d O rd in a ry ........ .............
2,000
3,000
4,000
4,000
8T2
8- 12
L o w M i d d l i n g . . . . . . . ----------- 8 T 3
8 06
8T2
806
Stock at Barcelona,...........
74000 49,000
69,000 41000
8k
M id d lin g ........................ .
8k
87ie
8k
87ia
89i8
Stook at Genoa...........
30,000
40,000 44,000 48,000
8- 82 8- 76 8-82
870 8'82
8- 88
Good M id d lin g ....... ____. . . . . .
Stook at Trieste.................
2,000
3,000
6,0C0
11,000
9- 24 9 3 24 9-30
90
9-30
9-30
M iddling F air” ........................
Total Continental stocks..
517,0)0 417,200 650,200 761,300
S a t . M o n Vues W ed T k . F rI.
S T A IN E D .
Tetal European stocks.__1,465,000 1,109,2001,378,200 2,262,300
India ootton afloat for Europe
43,000 96,000
18,000 48,000
6- 75 Amer. cotton afloat for E’rope.
75
Low M id d lin g ..______. . . . . . . . . . 6-81 0 75 6 69 6 99 6641,000 617,000 470,000 810,000
7- 75 Ssypt. Brazil,&o.,aflt.forErpe
75
M iddling.................................... 7-81 7-75 7-69 7-69 769,000 47,000
76,000 49,000
91
791 785
Btriot L o w M lddltng T in g e d ... 7-97 7-91 7-85 7Stock in Alexandria, Egypt...
229,000 175,000 196,000 252,000
25
8- 19 8- 25 Stook In Bombay, India........ 268,000 280,000 285,000 256,000
825 8T9 8G ood M id dlin g T in g e d ............. 831
Stook in United States ports.. 1,087,111 934,6021,054,9-1 1,193 576
The quotations for middling upland at New York on Stook in U. 8. interior towns..
682,727 794,097 787,172 697,945
Jan. 10 for each of the past 82 years have been as follows.
United States exports to-day..
24.724 51,708
11,523 69,906
1902... 0. 8k
Total Visible supply....... 4,509,562 4,104,607 4,278,876 5,638,727
1878....0.11%
1894... .c. 83ie 1886. ... 0. 9k
13
1901...
1877
1893.... .. 9k
1885.. . . . . I lk
Of the above, totals of American and other descriptions are as follows
1351
6
1876
1900... ... 7&ie 1892 ... - 77ia 1884. ..... 10k
A m e r ic a n —
15
1899... - «ks 1891 ...
31
1883. ..... 1O 0 1875
Liverpool stock........ ..bales. 840,000 604,000 604,000 1,390,000
1874
1898... ... 5io1 1890 ... .. 10*8
16»8
6
1882. ..... 12
Continental stocks..........
481,000 389,000 617,000 719,000
20*8
1897... ... 7*8
1873
1889....
1881. ..... 12
American afloat for Europe...
641,000 617,000 470 000 810,000
2130
1896... ... 85le 1888 ..
1880. ..... 1213t6 1872
United States stock.......... 1,087,111. 934,6021,054,981 1,193,576
1895... ... 5k
153a
1871
1887... ... 9k
1879. ..... 9k
United States interior stocks.
682,727 794,097 787,172 697,945
24,724 51,708
13,523 63,906
N ote.— Oot. 1,1874, grades of ootton as quoted were changed. United States exports to-day..
On
According to the new classification Middling was on that day quoted
Total American..............3,756,562 3,390,407 8,516,676 4,880,427
*#o. lower than Middling of the old classification.
l a s t I n d i a n , B r a s it , die.—
Liverpool stock..... ............ 103,000
70,000 122,000 108,000
MARKET AND SALES.
London stock...................
5,000
12,000
2,000
3,000
The total sales of cotton on the spoteaoh day during the CJontlnental stocks....... ....... 86,000
28,200
33,200 42,300
43,000 96,000
18,000 48,000
week are indicated in the following statement.
For the India afloat for Europe.......
Egypt. Brazil, Ao., afloat......
69,000 47,000
76,000 49,000
convenience of the reader we also add columns whioh show atookin Alexandria, Egypt...
229,000 175,000 196,000 252,000
at a glance how the market for spots and futures closed on Stock in Bombay, India.......
268,000 280,000 285,000 256,000
same days.
Total East India, Ac........ 753,0)0 714,200 732,200 758,300
Total American...... ......3,756,562 3,390,407 3,546,676 4,880,427
Sales of Spot A contract.
F utures
Total visible supply........4,509,562 4,104,607 4,278,876 5,638,727
Spot m arket
Market
Middling Upland, Liveqjool..
4i732d.
5i0g2d.
4kd.
S 32d.
&
Con­
Closed .
Ex­
ConClosed.
Middling Upland, New York..
8*40.
10ko.
7 *80.
6ke0.
su m p . tract. 7oiai.
p o rt.
1
Egypt Good Brown, Liverpool
6d.
8%!.
71isd.
6'Mod.
Peruv. Rough Good, Liverpool
7d.
7 %!.
7^d.
6kd.
Saturday .. Quiet,.............. Firm .........
_
4i 632a.
Skgd.
471 d.
6
3B (i.
lfS
1,800 1,800 Broach Fine, Liverpool_ ...
Monday.... Quiet at kg dec. Steady......
40iad.
5kgd.
4kd.
3 kd.
Tuesday... Quiet, at kg dec. B’rly steady.
212 500 712 Hnnevelly Good, Liverpool...
....
Wednesday Steady........... Hteady......
856 4,400 5,250
t W Continental imports past week have been 118,000 bales.
Thursday.. Quiet at ke adv. Firm..........
The above figures indicate an increase in 1902 of 404,955
'26
Friday..... Steady............ Quiet.........
"20
bales as compared with same date of 1901, a gain of 230,686
6,700 7,788 bales from 1900 and a decline of 1,129,165 bales from 1819,
Total__________ ____
_
. . . . 1,088

THE CHRONICLE

104

[Vol. LXXIV

A t THE I n terio r T owns the movement—that Is the receipt*
Quotations for Mid d ling Cotton a t Other Mark e ts .—
for the week aad since September 1, the shipments for the Below are closing quotations of middling cotton at Southern
week ami the stocks to-night, and the same items for the and other principal cotton markets for each day of the week,
aorresponding period of 1900-01 —is set oat In detail below.
© L O S IN G Q U O T A T IO N S F O E

Jan, 10

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Mom,

M ID D L IN G COTTON O N —

Thurs.
JPri.
71*16
Galveston... 77
s
77
a
77
s
77
8
71*16
New Orleans 77
7\
7%
77
s
77
s
77
a
8
Mobile ......
7%
7%
7%
7\
7°s
7\
Savannah... 713la
7*
7*he
713,0
71*18
71*16
Charleston..
7%
7‘\
71*16
71*10
7Iris
Wilmington.
77
a
77
s
77
a
77
s
77
h
7V
7161
8
Norfolk.....
7%a
77
s
8
77
s
71*18
Boston......
fibs
8*16
814
861
8
8*4
8*18
8®
1
Baltimore..
8s
h
8*16
8'I*
SH
8*18
Philadelphia *eie
8®
1
8is
8h«
8%
fe
7ie
Augusta....
8
8
77
s
a1
!*.
7V®Rifl 8
Memphis,... 7l3xa
77
ft
7\
71*18
77
a
71*16
8t. Louis__
71S
10
71*16
7tole
71*18
77
a
77
s
Houston__
77
a
77
8
77
a
7 «W
71*18
71*18
Cincinnati.. 8*8
8*s
8i«
8*e
8is
8is
Louisville. . 8hj
fthj
8
3*6
8
8*8
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
Athens......... 77 I Columbus, Miss 7ki
«
Nashville..... . 7%
Atlanta_ .... 713,0 E u ia u la ............ 7% Natohe*...... .
_
Charlotte...... 77 I Little Rook ... 714 R a le ig h .......... 7%
s
Columbus, Ga. 7^ I Montgomery... 71116 Shreveport.... 711l«
R eceipts from the P lantations .— The follow in g table
indicates the actual movement each week from the planta­
tions. The figures do not include overland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations o f that part o f the
crop which finally reaches the market through the outports.
W eek

H e e e iv te a t th e P o r t e

B n d in q —

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OC3

Satur.

D e e.
“
”
“
Jan.
“

6
13
20
27
3
10

..
..
..
..
.

T u tu

Wednes.

S t’ft a t I n t e r i o r T o w n s . R e c ’v t » f r o m P l a n t ' n »

1901-02 1900-01 1899-00 1901-02 1900-01 1899-00 1901-08 1900-01 1899-00'
323,905
304,639
292,433
299,856
291,31*
278,803

300,284
311,710
267,531
238,380
178,035
174,916

249,624
228,573
318,793
178,337
148,711
145,976

085,730
095,410
716,204
725,168
898,000
682,727

692,525
748,035
786,805
819,040
811,488
794,097

805,019 354,623 346,844
817,891 334,323 862,226
832,028 313,281 309,801
820,507 808,168 260,715
815,724 104,754, 169,838
787,172 202.989 157,575

279,141
240,296.
234,430'
100,870
148,808
117.482-

The rbove statement shows: L.—Th at the total receipts
from the plantations since Sep. 1, 1901, are 5,723,783 bales; in
1900-01 were 5,583,088 bales; in 1899-00 w ere 4,754,753 bales.
coa'HOHHO!)oo'towo*dto« to^ooo-ooaOoafcotocococooa))^
2.—That although the receipts at the outports the past
<
©
M
H
week were 278,868 bales, the actual movement from planta­
O
O
s
-3 to to to » to tf“*
fc
HbOO»MH to H to to
*
§ a
s
•3C*puo ^coto co to ; p i to^bo w to w a ^ j^ j^ j^ j^ t o t o p ijo o o c R tooajo
? S'
tions was 262,989 bales, the balance being taken from
to C 00 G
O
O
OoVcOOs” o 't O O 'c O K * ^ « ^ 0 > 0 < lV t 3 V C O a h ^ i
t
stocks at interior towns. Last year receipts from the
^ ► (B O O H O O t C t O
M O » © © M X ® X 8 » . < » © © k a - 4 t O v - - ! f ‘-a > X -4 > A
« © © I^t0®©*a©. >f>Ml>30raiB>M©M©M».©X©©©©©K)©
plantations for the week were 157,575 bales and for 190Q
*
The aoove totals show that the interior stocks have de­ they w ere 117,422 bales.
creased during the week 15,879 bales, and are to-night 111,370
W eather R eports b y T ele g r aph .—R eports to ns by tele­
bales less than at same period last year. The receipts at all
lawns have been 45,179 bales more than same week last year.
graph this evening indicate that the weather has been more
O v e r l a n d M o v e m e n t f o b t h e W e e k a n d S in g e Se p t , l , —
favorable the past week. W here rain has fallen the precipitaW e give below a statement showing the overland movement tion has been light as a rule, and in many sections dry
for the week and since Sept. 1, as made up from telegraphic
reports Friday night. The results for the week ending weather has prevailed. The satisfactory conditions have
Jan. 10 and since Sept, 1 in the last tw o years are as follows, favored the marketing of cotton, which has been on a liberal
scale.
1901-1902.
1900-1901,
Galveston, Texas,—W e have had no rain during the week.
J a n u a r y 10.
S in c e
S in e s
W eek,
W eek.
Average thermometer 51, highest 66 and lowest 36.
S e p t . 1.
S e p t . 1.
Corpus Christi, Texas.—It has been dry all the week. The1
S h ip p e d —
Via St. L o u i s _____ ,* * * , ,. 35,875 471,125 22,553 598,732 thermometer has averaged 52, the highest being 66 and the
Via Cairo,. . . . . ___ _
3,236 72,609 8,419 151,273
Via Faduoak..=.».^,....
154
24
4,977 lowest 38.
2,096 21,731 1,410 43,921
Via Rook Island..... ..
San Antonio, Texas.—There has been no rain during the
10,123 106,009 5,615 83,013
ViaLoui»viUe..^
Via Cincinnati...... ............ 4,291 58,076 3,955 46,741 week. Average thermometer 50, highest 72 and lowest 28.
26,049 203,068 15,266 162,201
Via other routes,
.....
New Orleans, Louisiana,—There has been rain on one day
81,670 932,642 57,372 1,090,858 during the week, the rainfall being one hundredth of an
Total gross overland.....
D e d u c t sh ip m e n ts —
Overland to M Y., Boston, <ke». 15,338 200,621 19,253 229,781 inch. The thermometer has averaged 49.
.
37,946 2,738 78,681
Between Interior towns......... 4,998
Palestine, Texas— It has been dry all the week. The ther­
659 24,281 1 ,0S0 23,864
Inland, As.,from South.....™..
mometer has averaged 48, ranging from 26 to 70.
F o rt W orth, Texas. —There has been rain on one day dur •
Totalto h® deducted.....^.. 20,995 262,848 23,081 332,326
ing the week, to the extent of two hundreaths of an inch.
Leaving total net overland*.. 60,675 669,794 34,291 758,532 The thermometer has ranged from 22 to 74, averaging 48.
* Including movement by rail to Canada,
Shreveport, Louisiana,—Rain has fallen on three days o f
The foregoing shows the week’s net overland movement the week, the rainfall reaching ten hundredths o f an inch.
this year has been 60,675 bales, against 34,291 bales for the The thermometer has averaged 49, and ranged from 27 to 70.
week in 1901, and that for the season to date the aggregate net
Columbus, Mississippi.—D ry weather has prevailed all the
overland exhibits a decrease from a year ago o f 88,738 bales,
week. The thermometer has ranged from 23 to 53, averag­
ing 38.
1901-1902.
1900-1901.
Leland, Mississippi.—I t has been dry all the week. Average
i n S ig h t a n d S p in n e r s ’
M in e r ,
S in c e
T a k in g s .
W eek.
Ilee*. S e p t 1. thermometer 42*7, highest 77, lowest 26.
S e p t . 1.
Vicksburg, Mississippi.—It has rained on one day of the
Receipts at ports to Jan. 10— ... 278,868 5,170.361 174,916 4,833,618 week, the precipitation being nine hundredths of an inch.
Met overland to Jan. 10........... 60,675 669,794 34,291 758,532 The thermometer has averaged 43, the highest being 87 and
Southern consumption to Jan. 10. 37,000 657,000 32,000 574,000 the lowest 29.
Little Rock, Arkansas.—There has been snow on two days
Total marketed................ 376,543 6,497,155 241,207 6,166,150
interior stocks In excess.......... *15,879 553,422 *17,341 749,470 of the week, the precipitation from which equaled twelve
hundredths of an inch of rain. The thermometer has aver­
223,866
Came Into sight during week. 860,664
7,050*577
6,915,620 aged 41, ranging from 22 to 69.
Total In sight Jan. 10.........
Helena, Arkansas.—There has been light snow on one day
No?th’n spinners tak’gs to Jan. 10 87,741 1,085,316 40,526 1,159,246 of the week, but the weather is now warmer, with indications
of rain. The thermometer has ranged from 24 to 68, aver­
* Decrease during week.
aging 40.
Movement into sight in previous years.
Memphis, Tennessee,—Dry all the week and marketing
Bales.
Since Sept. 1—
Bales.
Week—
Jan. 12....... 6,177,086 active. The thermometer has ranged from 22■3 to 68, aver­
1899-00—
Jan. 12........... 177,055 1899 00—
. 243,259 1898-99—
Jan. 13....... 8,245,175 aging 40*5.
1898-99—
Jan. 13
14
Jan. 14....... 7,917,619
. 333,513 1897-98—
189798—Jan.
Mobile, Alabama.— We have had rain on one day the past
189897— 15.......... 167,620 1896-97—Jan. 15..... . 6,661,398
Jan.
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THE

January 11, 1902.1

CHRONICLE.

week, the rainfall reaching sixteen hundredths of an inch.
The thermometer has averaged 47, the highest being C0 and
the lowest 31.
M o n tg o m ery , A la b a m a . — Rivers are falling rapidly and the
weather is moderating. It has been dry all the week. The
thermometer has averaged 43, ranging from 23 to 67.
S e lm a , A la b a m a . — W e have bad no rain the past week.
The thermometer has ranged from 30 to 67, averaging 50.
M a diaon, F l o r i d a .— W e have had rain on one day of the
week, the precipitation being five hundredths of an inch.
Average thermometer 49, highest 70, lowest 82.
A u g u s ta , G e o r g ia .—Dry weather has prevailed all the
week. The thermometer has averaged 43, the highest being
70 and the lowest 23.
S a v a n n a h , G e o rg ia .— It has been dry all the week. The
thermometer has averaged 48, ranging from 29 to 70.
C h a rlesto n , S o u th C a ro lin a . — W e have had no rain the past
week. The thermometer has ranged from 27 to 66, averag­
ing 45.
S ta te b u rg , S o u th C a ro lin a .— After the sharp cold wave, the
weather is now mild and springlike and preparations for
farm work are going on. W e have had no rain during the
week. Average thermometer 42 3, highest 67, lowest 20.
G reen w o o d , S o u th C a ro lin a . — Dry weather has prevailed
all the week. The thermometer has averaged 37, the highest
being 51 and the lowest 24.
C h a rlo tte, N o rth C a r o lin a . — It has been dry all the
week. The thermometer has averaged 42, ranging from 19
to 64.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
8 o’clock Jan. 9, 1902, and Jan. 10, 1901.
J a n . 9, ’02. J a n . 10, ’01.
F eet
4 6
7-0
6-7
2-2
10-9

F eet.
4-8
20'5
106
01
17-5

N e w O r l e a n s . . . . ..........A b o v e aero o f g a u g e .
M e m p h is ..........
N a s h v ille _______
S h re v e p o rt___
V lo k s b u r g .......

I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s ,— The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Jan. 9, and for the season from Sept, 1
to Jan, 9 for three years have been as follows:
1901 -02
R e c e ip ts at—
W eek.

B o m b a y .......... 113,000

1900 01.

S in c e
Sept. 1.

S in c e
S ep t. 1.

W eek.

567,000

73,000

G rea t
B r ita in .

T o ta l a l l 1901 0 2 ..
1900-01..
1899-00..

45,000

416,000

S in c e S e p te m b e r 1.

C o n ti­
n e n t.

T o ta l.

17.000
31.000
2,000

17.000
37.000
2,000

1,000

Bom bay1901 0 2 ..
1900 0 1 ..
6,000
1899 00 ..
O a lo u ttv —
1901 0 2 ..
19000 1 ..
1 8 9 .-0 0 ..
M adras1901- 02 .
190001 ..
1899- 0 0 .. ........
A ll others—
190102 .
190001 ..........
1899 00 ..

S in c e
Sept. 1.

W eek.

422,000

F o r the W eek.
E x p o rts
fro m —

1899 1900.

1,000

G re a t
B r ita in .

C o n t i­
n e n t.

T o ta l.

24,000

69.000
148,000
16.000

69.000
172,000
16.000

1,000
1,000
1,000

4.000
7.000
4.000

5.000
8.000
5.000

6,000

3.000
9.000
1.000

3.000
15.000
1.000

........
1,000

1,000

7,000

29.000
26.000
10,000

29.000
33.000
10.000

18,000
32,000
2,000

6,000

........

18,000
38,000
2,000

1,000
38,000
1.000

105.000
190.000
81,000

106,000
228,000
32,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the w eek’s reoeipts of
40.000 bales. Exports from a ll India ports record a loss of
20.000 bales during the week and sinoe Septem ber 1 show a
d e c re a se of 122,000 bales.
A

l e x a n d r ia

R

e c e ip t s

an d

Sh

ip m e n t s

o f

C

o tto n

.

Through arrangements we made with Messrs. Davis,
Benaohi & Co., of Liverpool and A le x an d ria , we now
receive a weekly cable of the movements of cotton at
Alexandria, Egypt. The follow ing are the receipts and
shipments for the past week and for the corresponding
week of the previous two years.
A le x a n d r ia , E g y p t,
J a n u a r y 8,
R eoeipts (o a n t a r s * ). ..
T h is w e e k ................
Since Sept. 1 ........ .

1901-02.

190C-01.

330,000
4,470,000

185,000
3,322,000

TM s
w eek.

S in c e
S e p t . 1.

TM s
w eek.

S in c e
S e p t . 1.

1899-1900

240,000
4,673,000
TM s
w eek.

S in e c
S e p t . 1,

• x p o r t s (b a le s )—
T o L i v e r p o o l. . . ....... 19.000 174.000 10,000 172.000 13.000 244.000
T o C o n tin e n t ♦ . . . . . . 27.000 227.000 16,000 127.000 27.000 213.000
T o ta l E u r o p e _____ 46,000 ,401,000 26,000 299,000 40,000 4 57,000
* A o a n t a r l « » 8 pou n da.
t O f w hich to A m e r ic a In 1901-02,49,942 b a le s : I d 1900-01 24 459
tn 1899-1900, 50,561 b a le * .

This statement shows that the receipts for the week
ending Jan. 8 were 310,000 oantars and the shipments to
all Europe 46,0X1 bales.

105

M a n c h e s t e r M a r k e t . — Our report received by cable
to-night from Manchester states that the market continues
quiet for both yarns and shirtings. Manufacturers are gen­
erally well under contract. Wo give the prices for to-day
below and leave those tor previous weeks of this and last
year for comparison.

1901-02
32s C o p .
T w is t .
<.
1
d.
Deo. 6 61Bl a »7 0 „
“ 18 7
*7%
07^
“ 20 7
“ 27 7 1i a ’>7i31e
7 ©74i
Jan . 3
•• 10 Oit'te-VCja

1900-01.

8 1 l b s . S M r t O o tt’n
*
8 H l b s . S M r t O o tt’n
i n g s , c o m m o n M i d . M 2s C o p . i n g s , c o m m o n M id .
T w is t .
X Jpldn
to fi n e s t .
to fin e s t .
U p Id s
8. d.
B. < .
1
5 1>*07 10>*
J7
5 2 <> 11
5 2 « 7 11
5 2 ©7 l l
5 1>* 07 10>s
5 1 07 9

d.
d.
d.
4>a
8>* ©Oh)
4*^32 8>4 © O fe
8% 09 *8
4‘ 1.j2 8% n>t)3a
2
41732 8>* ©9>*
4>732 8>8 09 a
s

8.

(T.

8.

5 6 08
5 5 07
5 ft 0 8
5 ft 08
5 5>*®8
5

6

08

4.

d.
ft«ie
5-h,
fthi

0

11
0

0 5ie3
2
1 >* 5>732
1 hi

C o t t o n C o n s u m p t i o n a n d O v e r l a n d M o v e m e n t to J a n . 1.
—In consequence of the crowded condition of our columns
this week, we omit giving the usual extensive details of the
overland movement. Below, however, we present a synopsis
for the month of December and the four months ended
Dec. 31 for three years.
1901.
G ross o v e rla n d fo r D e c e m b e r.......bale s.
G r o s s o v e rla n d fo r 4 m on th s...................
Net o verlan d fo r D e c e m b e r.....................
N et o verlan d fo r 4 m onths.......................
P ort receipts in D e c e m b e r........................
P o rt receipts in 4 m on th s.................... .
E x p o rts In D ec em ber................................
E x p o rts in 4 months..................................
P o rt stocks on D e c e m b e r 3 1 ....................
Northern spinners’ tak in gs to Jan. 1 . . . .
Southern spinners’ ta k in gs to Jan . 1 ___
O v e rla n d to C a n a d a f o r 4 m onth s (ineluded in net o v e r la n d ).........................
B urnt N orth an d South in 4 m onth s......
Stock at N o rth ’n Interior m arkets J an . 1
G am e In sight d u rin g D e c e m b e r.............
A m o u n t o f crop in sight J an . 1 ...............
Cam e in sight balan ce seaso n .................
Total oro p ____________ . . . . . . . . . . . . . . . . . . . .

1900.

278,596
821,053
215,830
591,031
1,341,870
4,790,178
1,040,732
3,578,541
1,051,090
964,343
601,000

1899.

360,390
368,532
999,595 1,052,037
246,242
272,228
707,696
821.029
1,195,757
919,290
4,558,673 3,942,883
827,202
593,717
3,188,290 2,583,193
1,067,734 1,162,594
1,078,290 1,364,219
522,000
496,000

40,135
40,108
54,476
5,578
10
14,872
20,512
9,742
21,619
1,803.700 1,750,661 1,359,518
6,577,209 6,566,369 5,834,912
3,858,772 3,604,647
10425141 9,439,559
505-44
511-54
A v e ra g e w eigh t o f b a l e s ..........................
507 95

D o m e s t i c E x p o r t s o f C o t t o n M a n u f a c t u r e s . — W e give
below a statement showing the exports of domestic cotton
manufactures for November and for the eleven months ended
Nov. 30, 1901, and for purposes of comparison like figures for
the corresponding periods of the previous year are also
presented:
Q u a n t i t ie s
of
M a n u fa c tu re s
o f M o n t h e n d in g N o v .
C o t t o n (.colored a n d u n c o lo r e d )
E x p o r t e d to

80. 11 m o s .e n d in g Nov.cO.

1801.

1900.
629,998

*76,938
1,646
16,102
9,736
158,953
49,606
35,204
2,760
18,694

*12,026
999
51,047
13,482
179,700
37,031
46,894
2,716
14,136

1901.
1900.
—
1,231,082
9,107,326 6,608,801
United Kingdom..................yards.
10,5U5
20,870
11,896
27,007
673,726
Germany..........................................
175.290
187,043
231,041 2,124,782 1,083,040
Other Europe..................................
667,360
662,788 7,093,128 7,610,525
British North America...................
867,334 1,681,810 11,073.280 13,698,176
Cent’l America & Brit. Honduras.
339,702
408,830 S,f 09,525 4,707,173
Mexico.........................................
463,709
207,567 4,618,659 8,031.816
Santo Domingo..............................
252,899
181,046 4,237,093 2,511,123
Cuba.................................................
8,552,886
Other W est Indies and Bermuda.. 1,611,621 2,293.781 16,241,874 20,304,796
120,60*
203,230 1,631,406 1,450,741
Argentina........................................
673,826
647,129 4,8 5,752 4,009.417
Brazil................................................
040,109
041,019 20,148,887 4,240,282
Colombia ..............................
1,959,792 2,6*5,809 23,130,969 28,985,318
Other South America ...............
363,732 180,468,023 101,332,864
China ............................................... 12,960,162
680,161 1,106,601 0,405,1*5 11,183,787
British East Indies..........................
........
32.734
511,190
Hong Kong .....................................
27 0,452
23,100
28,820
650,024
Ja p a n .......................................... ...
318.028
190,060
248,530 8,635.993 8,962,142
British A ustralasia.........................
1,694,737
98,507
118,130
886,008
Philippine Islands..........................
844,139
Other Asia and Oceanica............... 1.700,788 2,286,440 30,851,110 21,012,098
077,162
726,366 0,941,337 4,453,070
A frica..............................................
29,551
Other countries..............................
87,191
Total yards of above................ 26,224,085 15,281,6*4 388,095,673 245.006.827
Total values of above .......... 11,300,840 *906,418 *17,975,104 *13,613,163
Value per yard .......................
$-0618
*•0603
$-0630
*•0656
V a lu e s o f o th e r M a n u f a c t u r e s
C o tto n E x p o r te d to —

of

United Kingdom .....................
France ..................................
Germany..........................................
Other Europe ..........................
British North A m erica.. ............
Cent’l America A Brit. Honduras.
.Mexico.......................... ..........
Santo Domingo.......................
Cuba....................................
Porto Rico*...........................
Other W est Indies and Bermuda..
Argentina...... . . ..........................
Brazil.................................... . .
Colombia..........................................
Other South America.....................
China ..................................
British East Indies ..................
Hong Kong ............................
British Australasia. .................
Hawaiian Islands* ...................
Philippine Islands ............. ......
Other Asia and Oceanica ...........
Africa __
Other countries .......................

17,869
17,483
4,602
2,251
4,426
241
409
200
28,217

8.901
4,09'2
10,104
808
Tot. value of oth. m anufact’s of.
*<03,967
Aggregate val. of all cotton goods *1,770,808

*905,848 *903,633
30,612
26,668
482,029
497,370
170,126
180,832
1,942,377 2,111,393
400,909
380,149
423,623
491,709
20,601
48,888
152,194
111,804
12,000
10,274
134,444
110,376
1,104
111,581
12,021
8,082
32,426
40,949
3,611
46,841
87,057
8,071
77,886
70.105
4,4 07
123,127
81,907
2006.040
4,031
1,331
9,184
13,821
4l,8u8
318,707
301.572
211,866
1,482
87,l5:t
8,187
90,597
0,457
99,633
4,842
84.9*0
34,348
1,240
7,573
0,801
*511,295 *5.000,983 *5,828,072
*1,417,718 *23.642 007 *19.430,225

* Com m erce b etw een the U n ite d States an d P o r to R ioo an d H a w a i i
not in clu ded afte r Ju n e 30, 1900.

THE

106

CH RONICLE

[V ol. LXXIV.

T h e F o l l o w i n g a r e t h e G r o s s R e c e i p t s o f C o t t o n at
S k a I s l a n d C o t t o n M o v e m e n t . — We D a v e received t h i s
(Friday) evening by telegraph from the various ports the New York, Boston, Philadelphia and Baltimore for the past
details of the Sea Island cotton movement fo r the week. The week, and since Sept. 1, 1901.
receipts for the week ending to-night (Jau. 10) and since
P h il a d b l i h ’a B a l t ih o h *.
Naw Y o rk .
Bo s t o n .
Sept. 1, 1001, thestocks to-night, and the same items fo r the
R e c e ip ts
corresponding periods of 100)-01, are as follows.
T h is
S in c e
S in c e
T h is
S in c e
T h is
T h is
S in c e
fro m —

1 9 0 1 -0 2 .
R e c e ip t s to J a n .

10.

T h is
S in c e
S e p t . 1. w e e k .

T h is
w eek.

T o t a l ............................

S in c e
S e p t . 1. 1902.

1901.

1 ,4 2 0
282
1,558

3 8 ,4 6 6
6 ,67 6
7 ,62 2

1,79 3
163
824

4 5 ,7 70 14,190 2 6 ,8 7 4
7 ,0 5 6 3 ,4 8 8
1,708
48
1,321
8 ,5 7 0

5 2 ,7 6 4

2 ,7 8 0

6 1 ,3 9 6 17,726 2 9 ,9 03

The exports for the week ending this evening reach a total
o f 1,481 bales, of which 1,323 bales were to Great Britain, 161
to France and — to Bremen, and the amount forwarded to
Northern mills has been 4,038 bales. Below are the exports
for the week and since Sept. 1 in 1901-02 and 1900-01.
W e e k E n d i n g J a n . 10.
E x p orts
fr o m —

S a v a n n a h . ..
O h a r l ’t ’ n .A o
F lo rid a , A c .
N e w Y o r k ..
B o s t o n ........
B a l t . , A c -----

O reat F r'n ct
t£ c.
B r it ’n.

T o ta l.

S i n c e S e p t . 1, 1 9 01 .
O reat
B r i l ’n .

F r'n ce
c c.
6

T o ta l.

523

52 3 8 ,17 3

800

800

1,506

2,763 10,936
216 1,722

"ia i

i jo 78

1 ,18 5

N o r t h ’n M ilt s .

.........

8 in c e
W e e k . S e p t . 1.

2,768

"ie i
.........

T o t a l .......
T o t a l 1900-1

1,198

76

1,270

9 ,8 7 6
77 7
8,463

.........

.........

2 ,2 6 3

25

25

1,484 1 0 ,7 82

4,164 14,916

4,038 19,116

1 ,27 4

2,66 7 11,575

1 ,42 4 2 0 ,9 7 6

.........
161

8 ,9 0 8

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
aotually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week w ill be found
under the head “ Shipping News,” on a subsequent page.
Quotations Jan. 10 at Savannah.— For Georgias extra fine,
19% 330c.; choice, 20%c.; fancy, 22c.
E a s t I n d i a C r o p .— The report on the early cotton crop of
Bengal for 1901 was issued by the Director of Land Records of
Agriculture under date of Calcutta, December 3, as follows:
T h e e a r ly o o tto n c r o p is p r i n c i p a l ly g r o w n in t h e C h it t a g o n g H i l l
t r a o t s a n d i n th e d is t r ic t s o f th e B h a g a lp u r , O r i s s a a n d C h o t a N a g p u r
d iv is io n s . I n th e s e d is t r lo t s t h e r a i n f a l l in J n n e w a s g r e a t l y in d e fe c t ,
e x c e p t in M id n a p o r e , J a lp a i g u r i a n d th e C h it t a g o n g H i l l t r a o t s , w h i le
in J u l y th e f a l l w a s e v e r y w h e r e d e fic ie n t , e x c e p t in P a r i a n d J a l p a i g ­
u r i. T h e d e fe c t w a s n o t, h o w e v e r , so s e r io u s a s to r e t a r d s o w in g s .
G o o d r a in f e l l i n A u g u s t in m o st o f th e d is t r ic t s , a n d in S e p t e m b e r th e
w e a t h e r w a s g e n e r a lly f a v o r a b le , e x o e p t in p a r t s o f th e B h a g a lp u r
a n d C h o t a - N a g p u r D iv is io n s ; b u t a c o m p a r a t iv e ly d r y O c t o b e r a n d
u n t im e ly r a i n m N o v e m b e r h a v e s e r i o u s ly je o p a r d i z e d t h e p r o s p e c t s
o f t h is o ro p . T h e n o r m a l a r e a u n d e r e a r ly o o tto n in th e s e P r o v in c e s
is e s tim a te d a t 8 4 ,7 0 0 a c r e s . T h e a r e a a o t u a lly s o w n th is y e a r is
e s t im a t e d a t 7 7 ,4 0 0 a o re s , a g a i n s t 8 2 ,9 0 0 a c r e s o f th e p a s t y e a r . T h e
d e c r e a s e is a t t r i b u t a b le to d e fic ie n t r a i n f a ll in M a y a n d J a n e . O u t o f
t h e 15 d is tr ic t s w h ic h g r o w e a r ly o o tto n , o n ly o n e , n a m e ly , B u r d w a n ,
r e p o r t s a n o r m a l c r o p . T h e S o n t h a l P a r g a n a s , C u t t a c k , B a la s o r e ,
M a n b h u m a n d S ln g h b h n m h a v e r e t u r n e d a c r o p o f b e t w e e n 9 0 a n d 100
p e r cen t. S i x o t h e r s (J a lp a i g u r i , M o n g h y r , B h a g a lp u r , H a z a r i b a g h ,
R a n c h i a n d P a la m a u ) a n t ic ip a t e a n o u t t u r n v a r y i n g f r o m 6 0 to 75 p e r
c e n t; A n g u l a n d P a r i e s t im a t e o n ly h a l f th e a v e r a g e o u t t u r n , w h i le in
t h e c h ie f c o t t o n -g r o w in g a r e a in th e P r o v in c e , v i z , t h e C h it t a g o n g
H i l l T r a c t s , th e o u t t u r n is e s t im a t e d a s l o w a s 2 5 p e r o e n t o f a n
a v e r a g e o ro p . T h e o u t t u r n f o r th e P r o v i n c e a s a w h o le a m o u n t s , a c ­
c o r d i n g t o th e d is tr ic t r e t u r n s , to o n ly 69 p e r o e n t o f a n o r m a l orop.
T h e effect o f t h e u n s e a s o n a b le w e a t h e r a p p e a r s to m e t o h a v e b e e n
s o m e w h a t e x a g g e r a t e d in t h e C h it t a g o n g H i l l T r a o t s a n d e ls e w h e r e ,
a n d I th in k w e c a n s a f e ly o o u n t u p o n a 7 5 p e r c e n t o r a 1 2 -a n n a o ro p
f o r th e P r o v in c e a s a w h o le . T h e t o t a l y ie ld o f t h e e a r ly o o tto n c r o p
t h is y e a r is e s tim a te d a t 5 ,3 5 6 ,5 0 0 lb s ., a g a in s t 7 ,2 9 2 ,9 0 0 lb s . p r o ­
d u c e d la s t y e a r .
T h e a v e r a g e y ie ld o f th e p r e c e d i n g s e v e n y e a r s
a m o u n t e d t o 6 ,3 8 1 ,0 0 0 lb s .
T h e E x p o r t s o f C o t t o n from New Y ork this week show
a decrease compared with last week, the total reaching
20,899 bales, against 25,403 bales last week. Below we give
our usual table, showing the exportsof cotton from New York,
and the direction., for each of the last four weeks; also the
total exports and direction since Sept. 1,1901, and in the last
column the total for the same period of the previous year.

BXPORTS OF COTTON (BALES) FROM NEW YOKE SINCE SEPT. 1, 1 9 0 1 .
W eek E n d in g —
E x p o rted to—

D ec.
20.

L i v e r p o o l __________ 11,364
O t h e r B r i t i s h p o r t s ..
3,69 1

T o t . to Gx. B r it ’ n .

D ec.
27.

Jan .
3.

7 4 ,1 4 2
3 1 ,1 8 4

L ast year.... 36,011

w eek .

S e p t . 1.

w eek.

0,500

4
2

8,828

11,901

8,076

S e p t . 1.

77,800
80,780
61,930
20,100

5,200
1,294
14,011

w eek .

« •• •••• ......
••• ••••

4,317

470,(01 28,505

18,784

............

........

4,847

9,847

1,806

10,300
747

268,093 10,476
423,824

748

8,317

S ep t.

1.

.......
27,104

............

39,811
4,920

40,086

40,017 6,674 113,540
21,240 10,108 106,984

j n e w s .— a s
sh ow n
on a p r e v i o u s page, the
of ootton from t h e United States the past w e e k have
reached 229.923 b a l e s . The shipments In detail, a s made up
from m a l l and celegraphlo returns, a r e as f o l l o w s :

S

h ip p in g

7 ,6 5 2 19,048 10,207

19 0 ,7 3 0

Total hales.

S aw

Y o r k — T o L i v e r p o o l , p e r s t e a m e r s C y m r ic , 6 ,9 7 1 ____
T a u r lo , 2 ,1 5 8 ...................................................................................
9 ,12 9
T o H u ll, p e r s t e a m e r M a r t e llo , 2 5 0 .............................................
250
T o M a n c h e s t e r , p e r s t e a m e r B u ffo n , 8 2 8 ............................... 828
T o H a v r e , p e r s t e a m e r L a C h a m p a g n e , 75 8 u p la n d a n d
161 S e a Is la n d ..............................................................................
919
T o B re m e n , p e r s t e a m e rs D a r m s t a d t , 5 ,5 6 8 ___ G e r a , 335
____K r o n p r ln z , 1 ,3 0 0 .....................................................
7 ,2 0 3
T o H a m b u r g , p e r s t e a m e r P a t r ic ia . 1 0 0 ...... ..............................
100
T o A n t w e r p , p e r s te a m e r B r it is h P r in c e s s , 3 9 1 ..............
39 1
50
T o C h ris t ia u a . p e r s t e a m e r X e n i a , 5 0 — .................................
T o C o p e n h a g e n , p e r s t e a m e r X e n i a , 1 5 0 ...................................
15 0
T o B a r c e lo n a , p e r s t e a m e r P . D e S a t r u s t e g u l, 7 5 0 ................
750
T o G e n o a , p e r s t e a m e r T a r t a r P r in c e , 1 8 1 .............. ................
181
T o N a p le s , p e r s te a m e rs C it t a d i T o r in o , 1 0 0 — T a r t a r
P r in c e , 1 0 0 .......................................................................................
20 0
T o T rie s te , p e r s t e a m e r P o w h a t a n , 6 0 0 ...................................
600
T o V e n ic e , p e r s t e a m e r P o w h a t a n , 1 4 8 .....................................
148
New
O r l e a n s —T o L i v e r p o o l — J a n . 4 — S t e a m e r
B a r r is t e r ,
9 ,9 9 0 ___ J a n . 6 —S t e a m e r s A n t l l i a n , 11 ,0 0 0 ; F lo r id ia n ,
5 .4 1 1 .................................................................................................. 2 6 ,4 01
T o M a n c h e s t e r - J a n . 7 — S t e a m e r E ls w i c k G r a n g e , 7 , 7 5 0 . ..
7 ,7 5 0
T o H u l l —J a n . 7 — S t e a m e r C o le n s o , 1 .2 0 0 ....................... ........
1 ,20 0
9 ,8 4 0
T o H a v r e - J a n . 4— S t e a m e r C o r b y C a s tle , 9 ,8 4 0 ...................
T o D u n k i r k — J a n . 1 0 - S t e a m e r K u r la n d , 3 ,5 8 1 ......................
3,581
T o B r e m e n —J a n . 8 - S t e a m e r K n i g h t E r r a n t , 2 0 ,4 1 7 ........... 2 0 ,4 1 7
T o R o t t e r d a m —J a n . 4 - 8 t e a m e r W im b o r n e . 1 ,3 8 2 ..............
1,382
T o A n t w e r p —J a n . 9 — S t e a m e r R h o d e s ia , 3 ,7 5 0 .......................
3 ,7 5 0
T o C o p e n h a g e n —J a n . 4 —S t e a m e r T e x a s , 1 , 1 2 0 ......................
1,120
T o B a r c e lo n a — J a n . 4 — S t e a m e r M a r t i n S a e n z . 5 ,3 7 5 ......... .
5 ,3 7 5
G a l v e s t o n — T o L i v e r p o o l — J a n . 2— S t e a m e r M o n t a u k , 1 1 ,8 3 9
___ J a n 4— s t e a m e r I d a r . 1 0 ,5 5 4 ........................... . ............. 2 2 ,3 9 3
T o M a n c h e ste r— J an . 4 -S t e a m e r T s o d o ro d e L a r r in a g a ,
1 2 ,1 3 6 ........................................................................................ . . . 1 2 ,1 3 6
T o B r e m e n —J a n . 2 — S t e a m e r C a s s e l, 1 3 ,5 5 7 ....... J a n . 9 —
S t e a m e r H a n n o v e r , 1 5 .7 1 6 ......................................................... 2 9 ,2 73
P e n s a c o l a — T o L i v e r p o o l —J a n . 6 —S t e a m e r V i v i n a , 7 , 4 4 8 - . . .
7 ,4 4 8
T o B r e m e n —J a n . 4 —S t e a m e r N e p t u n o (a d d i t io n a l), 2,67t>.
2 ,6 7 6
s a v a n n a h — T o L i v e r p o o l —J a n . 3 — S tr. F o r e s t
D a le , 1 0 ,0 0 8
u p la n d a n d 40 2 S e a I s la n d ................... .......................... ......... 1 0 ,4 1 0
T o M a n c h e s t e r —J a n . 4 —S t e a m e r A x c n in s t e r , 5 ,6 6 6 u p la n d
a n d 121 S e a I s l a n d .................................................
T o B r e m e n - J a n . 6 —S t e a m e r A ld e r n e y . 1 0 ,2 93 ........... ...... 1 0 ,2 9 3
C h a r l e s t o n — T o L i v e r p o o l — J a n . 2 — S t e a m e r M i r a m a r (a d d i­
t io n a l), 3 5 0 S e a I s la n d . . . J a n , 3 —S t e a m e r D r u m g a r t h ,
9 ,2 5 0 u p la n d a n d 4 5 0 S e a I s l a n d ............................................ 1 0 ,0 5 0
B o s t o n — T o L i v e r p o o l — J a n . 1— S t e a m e r D e v o n i a n . 1 ,7 1 4 .......
1 ,7 1 4
T o G e n o a —J a n . 3 —S t e a m e r C o m m o n w e a lt h , 5 0 0 ............
50 0
B a l t i m o r e — T o H a m b u r g —J a n . 2 - S t e a m e r A b e s s in i a , 4 5 0 . . .
450
P h i l a d e l p h i a —T o R o t t e r d a m - J a n . 8— S t e a m e r T h o r d is . 4 9 3 .
498
S a n F r a n c i s c o —T o J a p a n — J a n . 4 — S tr. A m e r i c a M a r u . 3 ,6 5 7
3 ,6 5 7
S e a t t l e - T o J a p a n — J a n . 2 — S t e a m e r T o s a M a r a , 1 0 ,9 2 3 ------- - 1 0 ,9 2 3
T o t a l ................. ...........................— .................................................... 2 2 9 ,9 2 3

The particulars of the foregoing shipments, arranged in
our usual form, are as follows.
O reat F ren ch
O e r - ^ - O t h .E ’r o p c — M e x i c o ,
B r i t ’n . p o r t s , m an y. N o r th . S o u th .
A c. J a p a n . T o ta l,
N e w Y o r k . 1 0 ,2 0 7
91 9
7 ,3 0 3
591 1 ,87 9 ........................ 2 0 ,8 9 9
N . O r l e a n s 3 5 ,3 51 1 3 ,4 2 1 2 0 ,4 17 6 ,2 5 2 5 ,3 7 5 ........................
8 0 ,8 1 6
G a lv e s t o n . 3 4 ,5 2 9 ......... 2 9 ,2 7 3
........................................
6 3 ,8 0 2
P e n s a c o la .
7 ,4 4 8
— ..
2 ,6 7 6 ................................. .
......
1 0 ,1 2 4
S a v a n n a h . 1 6 ,1 97
......... 1 0 ,2 9 3
........................................
2 6 ,4 9 0
C h a r le s t o n 1 0 ,0 5 0 ..............................................................................
1 0 ,0 5 0
B o s t o n ...,
1 ,7 1 4 .....................................
5 0 0 .......................
2 ,2 1 4
B a lt im o r e ...................
450
........................................
450
P h il’d e lp ’ a
.....................................
49 8 .....................................
49 8
3a n F r a n .............
........................................................ .
3 ,6 5 7
3 ,6 5 7
S e a t t l e .......................................................................................... 1 0 .9 2 3 1 0 ,9 2 3
T o t a l . . . . l l 5 , 49 6 1 4 ,3 1 0 7 0 ,4 1 2

7 ,3 4 1

7 ,7 5 4

1 0 5 ,3 2 6

T o tal F r e n c h —

2,359

919

1 0 ,7 3 5
250

1 4 ,3 7 3

L i v e r p o o l ......... .. c .
M a n c h e s t e r .........e.

919

100

10 ,985

1 4 ,3 73

H a v r e . . . . .............c .
B r e m e n . . . ........... c.

.........

602
100
1,743
2 ,44 5

674

S p a i n , I t a l y , & o .........
A l l o t h e r ......................

1,438

61 ,121
2,538
8.40S

3 3 ,6 1 2
11 ,821
2 3 ,5 8 3

2 ,9 8 0

7 ,8 9 4

72 ,067

6 9 ,0 19

3,375

1,87 9

46 ,465
622

16 ,217
703

674

T o t . to N o .E urope

7,203
100
591

2,955
25

......

1 ,48 8

3,375

1 ,87 9

46 ,987

16 ,920

21,847

8,426 2 5 ,4 0 3 20,899

32 0,76 9

2 0 5 .6 3 8

......... 1 4 ,5 8 0 2 2 9 ,9 2 3

Exports to Japan since Sept. 1 have been 79,467 bales from
the Pacific Coast.
Ootton freights at New York the past week have b e e r
S atu r.

15,055

O th e r F re n o h p o r ts ..

T o tal—

Sam e
p e r io d
p r e v io u s
y ear.

16 9,760
20,970

100

T o t a l Sp a i n , A c ..

Jan .
10

T o ta l
sin c e
S e p t s 1.

9,129
1,078

3 ,4 0 3 18,508
4 ,2 4 9
54 0

2,209
150

and

1.

08,875
0,856 138,811
Texas......
S a v a n n ’h Ac 10,488 133,010
Mobile.....
68b 14,008
Florida ....
So. Carolina 8,8fe0 07,710
7,416
28
No. Carolina
60? 45,007
Virginia.. .
008
North, ports
T en n ., Ac..
6,631 75,044
1,000 18,518
Foreign....
Total...... 49,004 580,382

tx p o rts

1,323

Gr

S ep t,

N. Orleans... lo.noa

3,2601

S a v a n n a h ..........................
C h a r l e s t o n , A c ................
F l o r i d a , A c .......................

w eek.

S to ck .

1 9 0 0 -0 1 .

H a m b u r g .............c .
G h e n t ................... c .
A n t w e r p .............. c .

M on.

T u ts.

W ed n es.

T h u rs.

lY i.

124*

124$

1 2 i«

124*

12>*

16

16

16

16

16

121*
16

18

18
174*

18

18

IS

18

174fi

174*

1 7 i*

174*

174fl

174*

1 7 »*

174*

174*

19

19

19

19

13

19
13

19

13

13

13

IS

17ki
1 7 1*

R e v a l, v i a H u l l . . e .

26

26

26

26

26

26

R e v a l, v i a C a n a l . e .
ftt- Pttt.A r«h iirg_ c .
_

32

32

32

32

82

32

28
1 8 *2 1

28
1 8 *3 1

28

28

28
1 8 *2 1
2S

B a r o e l o n a ........... c .

28

28

28

G e n o a ..................
T r i e s t e .................. c.

1 8 *2 1
28

1 8 *2 1
28

1 8 *2 1
28

Q u o t a t io n s a r e o e n ts p e r 10 0 lbs.

THE CHRONICLE

January 1 , li)02. |
1

L i v e r p o o l . —By c a b l e from Liverpool w e have the follow*
tag statement of the week’s sales, stocks, fto,, at that port.
D e c . 13.

Ja n . 3

D e c . 20.

J a n . 10.

107

D A IL Y OLOBDxO PR ICES OF NO. 2 BPHINO W H E A T IN C H I C A G O .
J a n . d e li v e r y In e l e v .......
M a y d e li v e r y In e l e v .......
J u l y d e li v e r y In e l e v .......

S at.
79
83%
82%

M on.
80%
84%
83%

T u ts.
79%
83%
82%

W ed.
80
81%
83%

T hun.
79%
83%
83%

S r i,
79%
83%
83%

Indian corn futures have received a limited amount of
atteniion. Early in the week pricts made a fractional ad­
vance in sympathy with the strength of the wheat market.
The improvement, however, was not maintained. Reflecting
the freer movement of the crop, the visible supply state­
ment showed a moderate increase. The supply for corn afloat
for European ports also showed a further considerable gain,
the exports fr om Danubian and Russian poi ts again being fair­
ly heavy. The receipts at interior po'nts the past week have
shown a slight falling off, and this, coupled with some im­
The tone of the Liverpool market for spots and futures provement in the distributing demand, has had a tendency
eaoh day of the week ending Jan. 10 j^nd the daily closing to check aggies? ive speculative selling. Business in the spot
market at the seaboard has been quiet, exporters being
prices of spot cotton, have been as follows.
light buyers. To-day the market was quiet. The spot mar­
ket held steady.
S a t ’d a y
M o n d a y . T u e s d a y . W e d ’d a y . \ T h u r s d ’y F r i d a y .
S p o t.

S a le s o f t h e w e e k — . . . b a l e s .
O f w h lo h e x p o r t e r s t o o k . . .
O f w h i c h s p e c u la t o r s t o o k .
S a le s A m e r l o a n ..........................
A c t u a l e x p o r t ............................
F o r w a r d e d ............................... —
T o t a l s to o k — E s t i m a t e d ...........
O f w h lo h A m e r l o a n — E s t ’d .
T o t a l I m p o r t o f t h e w e e k ------O f w h l a h A m e r l o a n ..............
A m o u n t a f l o a t . . . ................—
O f w h lo h A m e r l o a n ...............

6 6 ,0 0 0
2,(>00
30 0
6 0 ,0 0 0
1 4 ,0 0 0
1 1 6 ,0 0 0
8 2 8 ,0 0 0
7 4 1 .0 0 0
3 3 8 .0 0 0
2 8 5 .0 0 0
8 1 7 .0 0 0
2 8 1 .0 0 0

5 9 .0 0 0
2 ,1 0 0
3.0 0 0
5 0 .0 0 0
8.0 0 0
8 8 .0 0 0
6 2 0 ,0 0 0
5 5 5 .0 0 0
1 1 6 .0 0 0
1 1 6 ,0 0 0
4 0 4 .0 0 0
3 5 3 .0 0 0

5 1 .0 0 0
1,0 0 0
1 ,0 0 0
4 2 .0 0 0
1 0 .0 0 0
7 1 .0 0 0
5 9 4 .0 0 0
5 0 9 .0 0 0
1 2 7 .0 0 0
9 9 .0 0 0
4 0 3 .0 0 0
3 7 3 .0 0 0

5 4 .0 0 0
2 ,9 0 0
1 ,4 0 0
4 9 .0 0 0
1 5 .0 0 0
7 9 .0 0 0
9 4 3 .0 0 0
8 4 0 .0 0 0
2 0 9 .0 0 0
1 7 5 .0 0 0
3 1 5 .0 0 0
2 7 8 .0 0 0

DAILY GLOBING PRICES OF NO. 2 BOXED OOEN IN N E W

M ark et, )
1 2 :3 0 p . u . J

Easter.

M i d . U p l ’d s.

4 7ia

F u tu ret.
M ark et
opened.

?
)

Steady.

Easier.

4 1532

5 ,0 0 0
300

S a le s ....... .
Spec. A ex p .

Firmer.

Moderate Harden'g.
demand.

415S2

4 1333

41532

8 ,0 0 0
500

1 0 ,0 0 0
500

1 0 ,0 0 0
500

1 0 ,0 0 0
1 ,0 0 0

41739
1 0 .0 0 0
1,5 0 0

Easy at Steady at Steady s t
3-04 de­ 2-84 @ 3-04 2-04 @ 3-04
advance. advance.
cline.
Firm at Steady at
Firm at
4 pts.
2 pts.
Pt.
decline. advance. advanoe.

Steady at Steady at Qnlet at
2-64 ad­ 1-04 @ 2-64
6-64 dedecline.
ollne.
vance.
Steady at Q’t&st’dy Steady at
4@4% pts. 1%@2 pts. 1 H Pts.
decline. advance. decltne

C a s h c o m f. o. b ..............
M a y d e li v e r y In e l e v .......
J u ly d e li v e r y in e l e v .......

DAILY CLOSING PRIOBS
J a n . d e li v e r y in © l e v , . . . .
M a y d e li v e r y In e l e v . ____
J u l y d e li v e r y in e l e v ........
S e p t , d e li v e r y i n e l e v ____

W ed.
71%
71%
70%

T u es.
71%
71%
70%

S at.
71%
71%
70%

M on .
72%
73
71%

OF NO.
S a t.
61%
67%
66%
.......

2 MIXED CORN
M on.
T u et.
64%
64
67%
67%
66%
67%
65%
66%

YOKE.

T hun.
70%
70%
69%

S r i.
70%
70%
69%

IN CH ICAGO

W ed.
63%
67%
66%
65%

T hun.
63%
66%
65%
65

F r i.
63
66%
66
64%

Oats for future delivery at the Western market have been
more active and firmer. A prominent speculative interest
M a rk e t, \
has been reported a free buyer of July contracts in the Chi­
4 P .M .
J
cago market, and this demand has forced prices upward.
The prices of futures at Liverpool for eaoh day are given The movement of the crop has been moderate and ad­
below, Prices are on the basis of Uplands, Good Ordinary vices from the interior markets have reported an active
clause,unless otherwise stated.
cash demand. Locally the spot market has been less active
t y
T h e p r i c e t a r e g i v e n i n p e n c e a n d 6 4 t h e . T h u t : 3 63 m e a n t
but firm.
To-day the market was without important
3 6 3 -6 4(1.. a n d 4 01 m e a n t 4 l - 6 4 d .
changes.
S a t.

m en .

T n e «,

Ja n . 4

J a n . 6.

Jan

Ja n .

12i*
r.

J a n u a r y ____
J a n . - F e b ____
F e b .-M c h ...,
M c h .-A p r ...
A p r il-M a y ...
M a y -J u n e ...
J u n e - J u ly . ..
J u ly -A u g ...
A u g .-S e p t ...

T h n rs.

W ed .

m

.

d.
4 24
4 23
4 23
4 23
4 23
4 23
4 32
4 23
4 20

7.

8.

F r i.

J a n . 9.

J a n . 10.

1 12*9 4 12% 4 12% 4 12% 4 1 2 % 4
P.M. P.M. P.M. P. M P.M. P.M. P.M. P.M P.M, P.M. P.M.
d.
4 24
4 23
4 23
4 23
4 23
4 24
4 24
4 £4
4 21

d.
4 25
4 25
4 24
4 24
4 25
4 25
4 25
4 25
4 21

d
4 26
4 25
4 25
4 25
4 25
4 25
4 25
4 25
4 22

d.
4 25
4 24
4 24
4 24
4 24
4 24
4 24
4 24
4 21

d.
i 24
4 24
4 *3
4 23
4 24
4 24
4 24
4 24
4 20

d.
4 20
4 20
4 20
4 20
4 20
4 20
4 20
4 20
4 17

d.
4 23
4 23
4 22
4 22
4 23
4 23
4 23
4 23
4 20

d.
4 25
4 25
4 24
4 24
4 25
4 23
4 25
4 25
4 22

d.
4 27
4 27
4 26
4 26
4 27
4 27
4 27
4 27
4 24

d.
4 30
4 30
4 29
4 29
4 30
4 30
4 30
4 30
4 26
4 18

d.
4 29
4 29
4 28
4 28
4 29
4 29
4 29
4 29
4 25
4 17

O ftt*.N o Y ___
N o v . - D e e . ..

The market for jute bagging
continued dull during the week under review at un­
changed prices, the close to-night being at 5%c. for \ % lbs.
and 5%c. for 2 lbs., standard grades. Car lots of standard
brands are quoted at 5%@6c., f. o. b., according to quality.
Jute butts very quiet at 1%@1% c. for paper, quality and
2%@2%c. for bagging quality.
J

u t e

B

u t t s

, B

a g g i n g

, & c .—

BREADSTUFFS.

Jan. 10, 1902.
A larger volume of business has been transacted in the
market tor wheat flour. The continued upward course to
values for the grain has had a stimulating influence upon
buyers and they have placed fair orders for both spring and
winter-wheat flours; prices have been gradually hardening.
City mills have been in faixly active demand. Advices received
from Minneapolis report the first export sales of importance
for some time past. Rye flour has had a fair sale at full
values. Buckwheat flour has been firmly held. Corn meal
has been dull but steady.
Speculation in wheat for future delivery has been on a
more extensive scale and the upward tendency to prices has
continued. Buying for investment account for outside specu­
lative interests nas been fairly liberal and this demand has
been important in carrying prices upward. The American
visible supply showed a small decrease for the week, but this
was offset by a material increase in the supply of wheat
afloat for Europe. The movement of the spring-wheat crop
during the week has been fairly full, but on the other hand
the receipts of winter wheat have been light, with the result
that the winter-wheat markets have shown the greatest
strength and have been the leaders in the advance in prices.
Not only has the movement of the winter-wheat crop been
light, but weather conditions in the winter-wheat belt have
been reported not favorable for the new crop. Foreign mar­
kets have been firmer, following the advance in the Ameri­
can mai ket. Business in the spot market has h t en quiet,
exporters still keeping out of the market, although it is
claimed by some that they will soon have to begin buying.
To-day there was a quiet but steady market. Exporters were
reported showing slightly more interest in the spot market.
F

r id a y

,

D A IL Y OLOSINO PRICKS O F SO . 2 HKD W INT K K W1IHAT IN N K W V O K K .
T h an .
F r i.
T u ts.
W ed.
H a l.
M on.
90%
90%
(J a «b wheat f. o. b .........
90%
90%
89%
91%
89%
89%
89%
March d e li v e r y In e l e v . .. 8 3 %
81%
88%
88%
88%
M a y d e li v e r y in elev......
89%
88%
87%
88%
88%
88%
J u l y d e li v e r y In e le v .......
87%
87%
88%

D A IL Y GLOBING PRIOBS OF OATS IN N E W Y O R K .
S a t.
M on.
T u es.
W ed. T h u n .
52%
53
53
53
53
NO. 3 m i x e d in e l e v . . . . . .
55%
55%
55
N o . 2 w h i t e i n e l e v --------55
55%

F r i..
53
55

D A IL Y CLOSING PR IOBS O F NO.
S a t.
M a y d e li v e r y in e l e v . . . . 4 6 %
J u l y d e li v e r y I n e l e v . . . .
40
S e p t, d e li v e r y in e l e v . . . .

F r i.
46%
41%
33%

.— .

2 M IX B D OATS IN C H I C A G O
M on.
T u et.
W ed.
Ih u rs.
46%
46%
46%
46%
40%
40%
41%
41%
33%
33%
83%
33%

Following are the closing quotations:
FLOUR.
F i n e ., o .o .„
S u p e r fin e ,
E x tra, N e , 3 ,. . . . .
E x tra, N o, £

N o m in a l.
P a t e n t , w i n t e r ____$ 3 9 0 © 4
N o m i n a l.
C it y m ills , p a t e n t . 4 3 5 © 4
3 10 ® 3 £ 0
R y e flo u r ,s u p e r f in e 3 2 5 © 3
3 30 © 3 40
B u c k w h e a t flo u r.. 2 25 © 2
0Iears...a.M2Qs«sa^« 8 35 ® 3 7 0
C o r n m e a l—
S t r a i g h t s .. to*aaz) o*o 3 7 5 « 4 10
W e s t e r n ,e t c ..... 8 60 © 3
P a te n t, s p r i n g . . . 4 10 © 4 85
B r a n d y w in e . . . . 3 75
©3
( W h e a t f lo u i- in c a s k s s e lls a t p r i c e s b e l o w t h o s e f o r b a r r e l s . )

40
95
75
30
70
80

GRAIN.
W h eat, p e r b u sh —
H a r d D u lu t h , N j 1
N ’t h e r n D u L , N o . l
R e d w in t e r , N o . 2
H a r d N . Y . N o . 2.
O a t s — M i x ’d ,p .b u s h .
W h i t e ......................
N o. 2 m ix e d .. . . . . .
N o . 2 w h i t e .............

c.
e.
N o m in a l.
8?% ®89%
89% ©90%
86 © 8 7 %
52 © 5 4
54 ® 5 8 is
53 © 5 4
55 © 5 6

C o m , p e r b u s h .—
e.
a.
W e s t e r n m i x e d ............ 6 8 % © 7 0 %
N o . 2 m i x e d . . . . ......... 6 9 © 7 0 %
W e s t e r n y e l l o w . . .......7 3 % © 7 5 %
W e ste rn w h it e ........7 3 % ® 7 5 %
R ye, per bush—
W e s t e r n . ............... . . . . . 7 0
©73
S tate a n d J e r s e y . . . . . . 72 © 7 3
B a r le y — W e s t e r n .. . .. . ..6 8
©74
F e e d i n g ...........................6 0
©65

The movement of breadstuffs to market as indicated in the
statements below is prepared by us from figures collected
by the New York Produce Exchange, The receipts at
Western lake and river ports for the week ending Jan. 4,
and since Aug. 1, for each of the last three years have been:
l e e e i v t t a t—

S 'lo u r .

W h ea t.

C orn

Oasts.

B a r ie v -

if a.

3 b l s .l M I .h i B w h . a o i b f B u t h .b ft lh : B u s h .W l b ; B m h . i B l b ; BOG.00 lb s .
294.683
J h isago ......
402,075
988,773
1,083,010
321,850
77,225
kill w a n k e e ..
*9,046
92,000
47,200
145,000
222,950
30,800
j a l n t h .......
432 859
IQ 477
4
2,172,130
M inneapolis.
181,000
139,700
60.120
19,000
39,999
T o ledo ........
750
198,199
54,698
470
7,140
30,22
D e t r o it ......
86,223
103,?on
5 800
C le v e la n d ..
23,802
18 418
158,K 8
122,128
St. Lottie ...
02,249
46,885
885,28c.
480.000
0O.OCO
3,000
P e o r ia ..........
40,300
20,700
703,600
211,900
70,800
1,400
Kansas City.
1*8,800
042,400
139,200
.... M
T ot.W k .i9t2
Sam e w k .’S l
Same wk. 00
f l in t s A u i . l .
1901-02.........
1900.01.........
1899-00.........

415,521
804,341
312,974

3,490,494
2,902,707
2,749,803

3,013,848
4,292,477
8,780,668

764.045
708,431
821,387

2,450,008
2,876,884
2,472,405

10,500,087 157,428,440 80,195,243 74,402,915
0,082,209 130,323,020 96,310,444 80.598,000
9,124,391 120.181,740 102,352,806 83,318,607

148,494
81,680
102,987

29,802,145 3,662,039
28,877,988 8,805,96*
24,067,277 8,040,55T

The receipts of flour and grain at the seaboard ports for
the week ended Jan. 4, 1902, follow:
„
,
R e c e ip t s a t—

F lo u r ,
b b ls .

.■law Xork.............
180,113
SOStOU,..............
54,071
Montreal..,.......... 4,127
Philadelphia.......... 90,220
Baltimore.............. 72,088
aiohmond.............
2,178
(lew O rlenng* ........
9,548
Newport New*.......
50,721
Norfolk.................
28,840
Galveston.........................
Portland, Me.......... 10,214
St.John, N .B -......
6,958
T o ta l w eek.........
W e e k 1901...............

W tH a t,
b u th .

(115,800
688,644
8,MO
122,81b
52,839
10,714
72,000
40,000
. ....
87,100
*31,394
72,000

C orn ,
b u th .

b .ilO
O O
88.780

O at*,
bu sh .

498,500
168,581
18,382
0:i,v32
41,579
29,220

B u r le y
bu sh .

fill*.
b u sk.

62,800 4,675
600 .........
1,200
.....................
03.171
9,800 4,950
114.147
.........
10,600
38,330
.................
82,010
28,226 .....................
04,286 ....................................
...................................................
...................... ............................
......................
...... ......... .
................................................. .

618,673 1.791,219
488.808
831,099
389,1*0 2,248,010 6,216.9*4 1,121,804

82,900
107,198

20,037
29,088

108

[V l lxxiv.
o.

THE CHRONICLE

Total receipts at porta from Jan. 1 to Jan 4 compare as
follows for four years:
10
32
10.
91
10.
90
19.
89
MotifsU O
j—
__6 1 . 6 3 7
63
1 ,6 3
39 2
8 ,0 0
2 06 4
0 7
034 2
,0 0
b U ........
O tiv
,7 1 9
2 4 ,0 0
,2 3 1
90 0
6 ,4 7
3.011829
Whom................. ...bush. 1 8 ,*1
4*8,808
8 7 ,8 4
,4 7 6
6 1 ,9 4
,2 5 2
3 8 ,7 9
,7 2 7
Ceru...................
81 9
3 ,0 3
1 2 ,8 4
,1 4 0
1 0 ,0 7
,3 3 1
1 7 ,7 6
,3 6 9
Gats.....................
.. "
0 ,9 0
20
26 0
4 ,8 9
17 0
0 ,4 2
30 1
1 ,8 7
32 5
5 ,4 3
... “
3 ,0 7
0 3
2 ,0 8
9 3
8 ,3 0
4 9
Bye.... ........
3 8 ,7 8
.1 4 1
6,3:0,248
0 8 ,4 8
,8 3 0
Total
,. ... “
8 8 .8 3
,7 0 0
The exports from the several seaboard ports for the week
ending Jan. 4, 1003, are shown in the annexed statement:
uats, its*,
Pern.
Sarlet
W
heat
Corn,
-flour,
bbU
bath oush. bush
h«»*.
J n orts iram- bush
hw
busk
a#w 'Sork
1 7 U0 1 ,1 6 8 ,3 8 1 ,2 7 .......
1
08
1 3
1 6
,7 3 1 ,6 4
7 3
80
2 1
ao«tO H ..... 8 3 1
1 ,3 7
88
,8 0 8 ,8 8
10,811 ...............
8 ,0 0
2 6
Portland, SIS. »3I,BW ........
0
PSallidolplUA*. 1 2 0 7 ,1 3 37,1 0
6 ,0 0 7 1
io
3 0
Baltimore .... 1 8 0 0 ,M0 2 ,3 1
2 .0 0 1
0
,630 .......... .......
Saw Qflsan*.. 111.000 1 ,8 0
23
11
,8 6
2 ,8 0
8 4
Norfolk........... • -• ... ....
0 2
Sawo'rt New* 1 ,0 0 0 ,3 6 6 ,7 1
0 0
4 8
71
1
Oal»e»toxi
3 .0 0 ....—
3 0
6 5
,3 3
St. john.N.B. 7 ,0 0 ........
2 0
1 0
7 8
,2 3 8
7 ,5 6 4 ,3 8 2 ,7 7 ........ 2 ,7 3 1 ,6 4
1 7
Total week . 1 6 ,8 1 2 0 3 2 2 0
7 .0 1 2 ,0 7
8
,898 7 ,0 1 1 6 3
0 6
0 ,8 8
garni time*0 8 0 7 3 6 6 ,2 2 3 1 7 4 4 0
1 3 ,6 8 ,3 4 0
The destination of these exports for the week and since
July 1, 1901, is as below:
• --- -— r.------v ,----- Wheat.----- , . — C m,------ ,
—
FIow
—
o
W
eek Since July W
eek Since July W
E
asports for
eek Since Jutu
, 03
1 10.
, 91
, 91
Jan. 4 1 1 0 .
w a n since Jan. 4 X 1 0 .
eek / S
bush.
bL.
bs
bbls.
bush.
bush.
bush.
July 1to—
7 ,0 7 ,4 7 6
,0 8 3
8 0 ,9 7 3
Omrea tC gdoiiu 1 7 0 6 0 ,1 4 1 7 ,7 0 80,4)0,216 2 99 3 0 7 ,1 0
m
4 d 1 2 ,3 d
l,tJ O ,0 8 9
1 9 6 4 ,8 2 4
7 .1 3 7 4 .6 2
8 1 ,1 5
,8 5 0
.4
0 ,0 8
2 0
,0 0
6 ,0 0
0 6
5
0 84 0
7 .1 0
3, &0. America ■ 0 77 8 8 0
1 ,6 8 0 2 4
54
0 ,8 9
5
0 1 ,3 7 5 3 1 0
7 3
7 2
8 ,3 6
8 2
90
6
0 ,3 6
9 8
,3 3 1 1 6
ir,M.Am Colo'i
7 ,7 2
06 18 1
2
10 8
9 ,4 3
87
,4 4 1 8 2
7 ,1 1
Jtfcar oountrie*
2 2 0 8 1 ,0 0 1 5 ,8 1 8 ,6 9 7 2 0 8 20 0 ,3 4
4 ,8 3 ,4 3 0
,2 3 8 7 5 ,8 6 7 ,6 6 ,3 3 4
7 ,0 1 ,6 6 0
,0 7 0 4 7 ,0 0 ,3 4 6 8 4 ,6 2
Total 1301-02.... 3 1 7 8 9 ,4 0 2 8 ,5 8 7 ,6 1 0 6 6 ,2 2 7 ,0 8 4
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Jan. 4, 1902, was as follows:
W
h-Mt,
Oats,
Dorn,
Hv»,
busk.
bush.
bush.
bush,
bus>.
In Store 41S l.d e
O O
. 4 8 ,0 0
,2 3 0
1 7 ,0 0
,0 7 0
0 ,0 0
5 0
16 0
0 ,0 0
1 ,0 0
20
Do afloat...
. 1 6 ,0 0
,7 8 0
50 0
0 ,0 0
0 ,0 0
1 0
SOitOffi............ .
38.60
0
2 ,0 0
7 ,0 0
8 0
7 0
,0 0
Pkilaflelpkla-------- - . 9 5 0
70 0
8 ,0 0
18 0
1 ,0 0
45 0
1 ,0 0
88,00
0
Baltimore..........
40 0
,0
New Orleans...... . 68 ,00
, 0 0
1 0
(Salveefcon
3 ,0 0
7 0
9 0
,0 0
14 0
7 ,0 0
2 .0 0
2 0
7 ,0 1
10
3 ,0 0
3 0
• •
•>
4 ,0 0
36
74 0
3 .0 0
. 0 5 ,0 0
.7 1 0
80 0
6 ,0 0
3 b
1 oo 1 9 ,0 0
,2 3 0
. 1 7 ,0 0
,0 4 0
8 ,0 0
4 0
Do afloat..
2 ,0
80 x0
84 0
2 ,0 0
742,0 0
®
23 0
5 ,0 0
1 0
,0 0
Toledo ..
Do afloat..
0 0
,0 0
86 0
4 ,0 0
4 .0 C
29
15 0
0 ,0 0
185 0
,0 6
Do afloat.
, 6 6 ,0 0
,7 6 0
0 1 ft
8 ,0
4 7 ,0 0
,8 0 0
81 0
8 ,0 0
18 O
4 ,OC
47 0
1 ,0 0
7 ,0 0
7 0
Do afloat.
46 0.
1 .0 1
10 0
8 ,0 0
4 ,0 0
7 0
18 0
4 ,0 0
8 ,0 0
1 0
Milwaukee......
Do afloat.
ir 2 8 ,0 0
,7 9 0
. 9 4 ,o <
,8 0 o
37 0
6 ,0 0
21 0
8 ,0 '
13 0
6 ,0 0
41 0
4 ,0 0
61 0
1 ,0 0
Do afloat.
1 ,2 8 rn
5 5 ,u
14 0
0 .0 1
83 0
5 ,0 0
25 0
0 .0 ft
70,000
M
innas
2 4 ,0 0
,9 8 0
1 8 ,0 0
,1 7 0
3 0
,0 !
4 ,0 0
3 0
13 0
1 ,0 0
Do afloat.
6 ,0 0
40 0
1 7 ,0 0
,7 9 0
11 0
9 ,0 0
83 0
0 ,0 0
28 0
0 ,0 0
2 ,0 0
3 0
2
10,000
Feoria.......
2 ,0 0
76 0
7 ,0 0
90
6 ,0 0
3 0
2x O
O
Im
dtanapoll*.
On Lakes............
4 ,0 0
00
'8 0
,0 0
5 ,0 0
0 0
13 0
1 ,0 0
3 ,0 0
7 0
On exaal and rlfer.
580 9 0
2 .0 0 1 ,7 3 0
1 0 ,0 0 6 0 ,0 0 2 8 ,0 0 2 2 ,0 0
,0 3 0
,8 4 0
,3 1 0
6 .3 8 0
8 4 ,0 0 1 ,2 2 0
1 5 ,0 0 5 6 ,0 0 3 8 ,0 0 2 6 ,0 0
,2 6 0
,4 3 0
,4 1 0
0 ,2 1 0
1 3 ,0 0 1 ,4 0 0
,4 3 0
0 2 ,0 0 9 8 ,0 0 1 0 ,0 0 2 8 ,0 0
,2 6 0
,8 8 0
5 ,8 2 0
7 9 ,0 0 1 ,8 3 0
,2 0 0
2 1 ,0 0 5 6 ,0 0 1 1 ,0 0 2 1 ,0 6
,3 1 0
.3 1 0
2 ,8 8 0
7 5 ,0 0 2 ,0 5 0
,0 5 0
0 3 ,0 0 6 03 0 1 8 .0 0 4 2 ,0 0
,4 ,00
,3 6 0

TH E

DRY

GOODS

also been quiet. The dress goods division is waiting for the
opening of new fall lines, and meanwhile orders for quick
delivery of spring fabrics are of indifferent extent. Staples
are steady, bat fancies irregular. For flannels and blankets
there has been a moderate demand at previous prices.
Domestic Cotton G oods.—The exports o f cotton goods
from this port fo r the week ending Jan. 6 were 8,851
packages, valued at $167,598, their destination being to the
points specified in the tables b e lo w :
New Y oejk

to

!

W eek.

S in c e J a n .

12

56
758
1,325
383
384
49
146
501
237

758
1,325
383
384
49
146
501
237

Total..______________

3,851

1901.

I. W
eeA,

12
56

Great Britain__ ............
Other European..... .
Gill iia.... ......... ...»....... .
India......... ........ .......... .
Arabia___ ____________ _
Alrloa................... ........
West Indies......... ......... .
Mexico____ ____ . . . . ___ _
Central America,........... .
Sontli America_____ .......
Other Countries_____ .....

3,851

S in c e J a n .

f
|

47
5

|

14
695
15
288
3,291
72

14
695
15
288
3,291
72

4,427

1

47

4,427

6

The value of tne N ew Yorh exports since Jan. 1 to date
has been $167,598 in 1902, against $198,346 in 1901.
A number of bids for heavy brown cottons on China ac­
count have been reported this week, but nearly all o f them
at lower prices than sellers would accept. A small business
has been done at the latters’ full limits. Home buyers of all
kinds have operated indifferently, but have paid previous
prices. Business in the bleached goods division has been
slow in all grades, but short ready supplies keep prices
steady. For ducks and brown osnabargs the demand has
been quiet but prices firm. Wide sheetings are in limited
request, but well sold up. Denims, ticks, plaids, cheviots
and other coarse, colored cottons are still in good shape from
the seller’s point of view, although the demand continues
quiet, and prices rule firm throughout. A moderate amount
of business has been reported in staple and fancy prints, the
market for these continuing quite steady. A ll descriptions
of ginghams are firm and in limited supply. The demand for
both regular and odd print cloths has been indifferent at
previous prices; regulars firm at 3c. per yard.
F oreign D r y G oods.—I n some quarters an improved
demand is reported for fine sheer goods for spring in dress
fabrics and a moderate demand for fa ll lines at full prices.
Silks have been in good demand and very firm, Ribbons are
quiet but firm. Linens continue in limited supply at fu ll
prices. Burlaps are steady, but business light.
Im portations and W arehouse W ith d ra w a ls o f D ry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending Jan. 9, 1902, and since
January 1, 1902, and for the corresponding periods of last
year are as follows:

S i.S fs g g js
s se

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b

TRADE,
*
'aowtsww
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78,252
145,318
129,326
48,665
| 58,267

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10,163 459,828
14,261 2,293,389

N e w Y o rk , F r id a y , P, M „ Jan. 10, 1902.
There have been no developments in the cotton goods di­
vision of the market this week pointing to a resumption of
business on the part of buyers beyond attention to their posi­
tive requirements. This time of the year is usually a dull
one, and the weakness of raw cotton in the early part of the
week has helped to keep the market in a decidedly quiet con­
dition, The remarkable feature in the situation is the fact
that neither slow demand nor declining cotton appears to
have any effect upon the attitude of sellers, and so far as
they are concerned, the market is no worse than a week ago,
In no direction is there any pressure to sell noticeable, while
there have been repeated instances daring the week of sellers
declining bids which have not oome fully up to their asking
limits. There is a general impression that buying w ill
broaden and that raw cotton w ill harden, and the present
condition in cotton goods is such that it allows sellers to wait
without undue anxiety to see if this impression is correct or
not.
W oolen G oods,—N ew lines of woolen and worsted suit­
ings, etc., in heavy-weights for next fall have been opened
this week and, as a rule they show an advance on the
opening prices of a year ago, although in some instances they
are not as high as interim prices, The new displays show a
considerable diversion of production, so that comparisons
with a year ago are not as valuable as they might otherwise
be. Buyers have not placed their orders with any degree of
freedom so far, and are evidently waiting for the market to
widen with the opening of other lines, particularly in the
finer grades of goods. The demand for overcoatings has been
quiet this week, and in some quarters there are complaints
of cancellations of early orders. Business in cloakings has

1902.

Jan. 6.

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J a n u a r y 11, 1002. |

S tate

awb

M U N IC IP A L

C ity

BOND

AND

jje p a b t m e w t .

SALES

THE

CHKONICLK

IN

DECEMBER

1901.

YEAR

The aggregate of municipal bonds put out during
the year 1901 was large and has only been exceeded in
amount in two other years, namely in 1900 when the
sales were $145,733,062, and in 1897 when $137,984,004 of new bonds were marketed. From the table
given below it will be seen that $131,549,300 of such
bonds were placed, of which over 29 millions were
bonds sold publicly by the city of New York. In
reaching this total we have followed our usual cus­
tom and eliminated temporary loans, as well as bonds
emitted by various cities in the American colonies,
the negotiation of which has been recorded from time
to time in these columns. The temporary loans foot up
many millions in the course of a year, but as they are
usually taken up again within a short time after their
issue, they obviously do not belong in the list. Prices
obtained at the various sales in the early days of the
year were high, but in February and March condi­
tions changed and quotations fell off; since then the
situation has varied but little. We append herewith
a table showing the monthly totals of sales for the
past five years.
TOTAL MUNICIPAL BOND SALES BY MONTHS.

1901.

1900.
*
9,240,864 20,374,320
5,137,411
4,221,249
10,432,241
8,880,735
9,298,268 14.157,809
14,562,340
9,623,264
13,468,098 19,670,126
8,262,495
8,104,043
15,430,390
7,112,834
14,408,056
4,033,899
9,779,197 16,421,185
6,889,144
9,956,685
15,456,958 22,160,761
$

January...............
February ............
March.................
April..................
May.............. — .
June...................
July...................
August................
September...........
October...............
November............
December............

1899.
$

6,075,957
7,038,318
5,507,311
7,477,406
7,897,642
29,348,742
18,613,958
5,865,610
7,201,593
9,314,854
8,790,489
4,981,225

1898.
$
8,147.893
9,308,489
6,309,351
3,570,963
7,036[926
9,704,925
7,868,563
25,029,784
6,173,666
4,906,607
7,721,284
7,306,343

1897.
*
10,405,776
12,676,477
12,488,809
13,060,323
8,258,927
16,385,005
17,389,859
6,449,536
9,272,691
6,872,293
6,868,775
17,855,473

Grand total ...... 131,519,300 145,733,062 118,113,005 103,084,793 137,984,004
Average per mo’th. 10,962,441 12,144,422
9,842,750 8,590,369 11,498,667

As will be seen from the above, the disposals during
the month of December, 1901, reached $15,456,958,
being nearly 3f millions larger than the average
of December for the previous nine years, but some­
what less than the totals for December of the years
1900, 1897 and 1893.
New York City, as is frequently the case, contrib­
uted a large portion of the month's total. This city on
December 12 disposed of $7,891,000 3£ per cent cor­
porate stock to Kuhn, Loeb & Co. and Farson, Leach
& Co., New York, on a 3 222 per cent basis. The
city of Baltimore on December 23 sold $1,000,000 3$
per cent bonds on a 3’017 per cent basis, the pur­
chasers being a syndicate composed of Hambleton &
Co., Baltimore, and Dick Bros. & Co. and Kountze
Bros, of New York City. Oa December 18 the city of
Newark, N. J , placed $800,000 3£ per cent bonds on
a basis of 3*174 per cent and Gloucester, Mass., put
out on December 12 $780,000 3£ per cent bonds on a
basiB of 3 234 per cent.
In the following table we give the prices which were
paid for December loans to the amount of $14,563,222,
Issued by 103 municipalities. The aggregate of sales
for which no price has been reported is $893,736, and
the total bond sales for the month $15,456,958. In
the case of each loan reference is made to the page of
the Chronicle where a full account of sale is given.
Dbcembkk
P age
L o c a tio n
K a te.
1 3 71 . .A k r o n , O h io ...................
5
5
1 3 71 . A k r o n , O h io ...................
1 3 7 1 . A k r o n , O h io ................... 5

Bond Saleh .
M a tu r ity .
1902-1004,
1 9 0 2 -1 9 0 4
19 02 1904

A m o u n t.
$900
1 ,0 0 0
1 ,10 0

P r ic e .
1 0 0 33
100 205
100 272

109

P an e.
L o c a tio n .
H a le .
1371 . .A k r o n , O h io (3 issu e s) 5
1 8 72 .. A lle n t o w n , P a ............
3
1 3 2 5 .. A n n A r b o r , M ic h ..... 4
5 8 .. A th o l ( I d a .) Soh. D ls t.
N o . 0 4 .......................... 6
3*1!
110 . A t la n t a , ( l a .................
4
1 8 25 . A t la n t ic C it y , N. .1 ....
1 8 2 5 ..
A t la n t ic C ity , N . J _ 4
5 8 ..
Auburn, Me....... 38i
3*n
1372 B a ltim o r e , M d ............

M a tu r ity .
11907-1,982

1911
1931
1921
1906
1922
1952

A m o u n t.
P r ic e .
$ 5 ,0 0 0 100 60
2 2 ,0 0 0 102-853
1,761 100
1,00 0
41 8 ,0 0 0
13 5,00 0
16,000
15,000
1,00 0,00 0

101 30
100

1 104-57
(
10711
112*425

58.. Barrett (Cal.) School

6
1 9 0 7 -1 9 2 2
I >lst. „ — ................
3-4 9 5 1 9 0 3 -1 9 1 8
11 1 . B e lo it, W I h ...................
1 8 7 2 .. B e n t o n C o ., In d . (4 ls1 9 0 3 -1 9 0 8
HU6B)....................... 6
11912-1922
5
1 3 2 5 .. BolHe, Id a h o .............
4
1921
1 2 7 5 . B r is t o l, T enn ,
1921
1372. B u r a s ( L a . ) L e v e e Die. 6

111.

B u r li n g t o n , N . J .........

4

1911

4 ,50 0
8 .80 0

1 0 9-559
100

5 0 ,9 0 0
9 0 ,0 0 0
2 0 ,0 0 0
5,000

108-57
1 0 4-722
100
100

3 ,50 0 j

7 ,00 0 108*714
1 2 26 . C a m e ro n , W . V a ......... 6
3 0 ,0 0 0 )
1 9 0 7 -1 9 1 4
4
1 2 7 5 . C h a r lo t t e , M ic h ..........
90 ,0 0 0 ;• 102-67
19 15 -1 9 1 8
1275. C h a rlo tt e , M ic h .......... 4
1 5 ,0 0 0 1 0 0 -5 0
58. C h e s te r . I l l ................... 4
Soh.
1 3 25 . C in c in n a t i (O .)
3 0 ,0 0 0 100
tl9 1 0 -1 9 4 0
D ie t .............................. 3
1 9 0 3 -1 9 0 7
1.5,000 IO O
4
1 3 7 2 . C lin to n , M a s s ....... ..
4 2 ,0 0 0 100
t l 9 0 5 - i 911
1 2 75 . C o lu m b u s , O . (2 is s u ’s) 4
1,300 101-961
1 9 0 3 -1 9 0 9
1 3 72 . C o sh o c to n , O h io ..........
4*2
7 5 ,0 0 0 100
4
1942
11 1 . D a lla s , T e x a s ..............
11912-1922
2 5 0 ,0 0 0 101-05
4
1 3 26 . D a v i d s o n C o ., T e n n ...
7 5 ,0 0 0 1 0 8-50
1 9 0 3 -1 9 1 7
1326. D e la w a r e , O h io ............ 5
1 5 ,0 0 0 100
11 9 07 -19 22
11 1 . D o n ip h a n , M o .............. 5
6 0 ,0 0 0 1 0 2 0 8
tl9 0 6 -1 9 3 1
1226. D o v e r , N . J . , ................ 4
1275. E a s t C le v e la n d T w p .
2 0 ,0 0 0 1 0 1 0 5
1 9 0 3 -1 9 2 2
4
(O ) 8ch. D i e t ............
1 3 2 6 .. E a s t O r a n g e , N . J . (2
4 1 ,0 0 0 1 0 6*13
19 02 -1 9 1 1
is s u e s )........................... 5
t 1917-1922
5 0 ,0 00 108 2 0
1 3 7 2 .. E a s t L iv e r p o o l, O h io . 5
2 0 ,0 0 0 103 63
1 9 03 -19 08
5
1 8 2 6 .. E y r la , O h io .............
3 ,7 5 0 106-P0
1 9 0 3 -1 9 0 8
1 3 2 6 .. E ly r ia . O. (2 I s s u e s ).. 6
2 7 ,9 9 9 1 0 4-889
19 02 -1 9 1 1
1 3 2 6 .. E v a n s t o n , O h i o ....... 5
5 8 ..
F a i r O a k s (C a l.) Soh.
5 ,90 0 105*085
1 9 0 8 -1 9 1 7
D i s t ............................. 5
3 0 ,0 0 0 1 0 1-69
1911
5 8 ..
F a ll R i v e r , M a s s . 3*0
4 2 ,0 0 0 125
1 9 32
5 8 ..
F a r m in g t o n , [M e . 5
5 0 ,0 0 0 100
(1 9 1 2 -1 9 2 2
1 1 1 ..
F e r g u s C o ., M o n t . 4*4
1372 . . F ift h L o u is ia n a L e v e e
11942-1952
1 7 5 ,0 0 0 1 0 9 -2 5
D i e t . . ........................... 5
11 ,000 IC O
1902 -19 11
1 3 2 6 .. F it c h b u r g , M a s s ....... 3 ia
8 ,0 0 0 100
19 02 -1 9 1 1
1 3 2 6 .. F it c h b u r g , M a s s . . . . . . . 3*4
1 9 0 2 -1 9 0 6
1 ,50 0 100
1 3 2 6 .. F it c h b u r g . M a s s ........
3*9
40 ,000 {1 0 4 -3 7 5
11 9 22 -19 42
1 3 2 6 ..
F lo r e n c e , 8. C ..........
5
1 2 ,0 0 0 1 0 1-25
1 9 0 2 -1 9 0 4
5
1 3 2 6 .. G le n v ille , O h io ........
2 3 ,0 0 0 100
1921
5
1 2 2 6 .. C lu s t e r, M i s s ... .......
7 8 0 ,0 0 0 1 0 3-19 T
1 9 0 2 -1 9 3 1
1 2 7 6 .. G lo u c e s t e r , M a s s ..... 3*0
1 9 0 2 -1 9 0 6
1 6 ,5 00 1 0 3 -3 3
1 2 7 6 .. G lo v e r s v llle , N . Y _ 4*a
1 3 7 2 .. H a d d o n fie ld
(N . J .)
1 3 ,0 00 102
4
Sch. D l s t ____
......
19 06 -1 9 1 8
1 3 7 2 .. H a m ilt o n (O h io ) Sch.
1 9 1 8 -1 9 2 2
2 0 ,0 0 0 10 6*025
D l s t . . ........................... 4
1 2 7 6 .. H i g h l a n d P a r k (M ic h .)
1911
6 ,0 0 0 10 8*346
Soh. D i s t ..................... 5
1 5 ,0 0 0 1 (5 -4 1
1 9 0 6 -1 9 2 0
1 3 2 7 .. H o lle y , N . Y ............ 4
4 ,8 0 0 1 0 1 0 6 3
1 3 7 2 .. H o w a r d C o ., I n d .....
1 9 0 3 1908
5
19 5 ,0 0 0 1 0 0-94
1 9 0 3 -1 9 1 2
8*a
1 2 7 6 .. 1 .d ia n a p o lis , I n d ...
10 ,000 1 0 3 -6 6 6
1911
5
1 2 27 . J a o k a o n C o ., M is s .
1 3 7 2 . . K in g s t o n (N . Y . ) Soh.
3 0 ,0 0 0 1 0 0
4
19 02 -1 9 1 1
D ls t..
.......................
1 3 2 7 .. L a c o n (I ll.)U n lo n 8 o h .
1 0 ,0 00 1 0 0
D is t . (2 i s s u e s ) ......... 4
8 9 ,7 7 0 1 0 0
1 1 2 ..
L a p o r t e C o ., I n d ...
1 5 ,0 00 101*57
1 9 0 3 -1 9 3 2
1 2 7 6 .. L a r o h m o n t , N . Y ..... 3*9
6 ,50 0 100*53
1 2 7 6 .. L a w r e n c e , N . Y ......
1 9 0 6 -1 9 1 8
3*9
1 0 ,0 0 0 {1 0 2
1 1 2 ..
L e w is C o ., W a s h ... 4*9
U 9 1 2 -1 9 2 2
1 2 7 6 .. L e w i s a n d C la r k e Co.
2 5 0 .0 0 0 1 0 1 -2 0 6
1 9 0 3 -1 9 2 2
(M o n t .) Sch. D . N o . 1 4*9
11912-1922
3 0 ,0 0 0 101
1 1 2 ..
L is b o n , N . H .......... 3*9
1 3 7 2 .. L i v e O a k (C a l.) S o h o o l
3 ,7 5 0 10 6
1 9 0 2 -1 9 1 1
6
D l s t . . . . .......................
1 8 0 ,0 0 0 101
19 0 3 -1 9 8 L
1 2 2 8 .. L o g a n C o „ K y .......... 4
1 1 ,0 0 0 1 0 0 -7 7 3
5 8 ..
L o g a n C o ., O h io .. 4
1 9 0 2 -1 9 0 7
2 4 .0 0 0 1 0 0 *4 1 7
1 2 7 6 .. L o r a in , O h i o ............ 4
6 0 .0 0 0 100
1932
5 8 ..
L y n c h b u r g , V a .... 3*9
1 6 ,0 00 101*87
1 2 7 6 ..
M a n t u a , O h io .......
4*9
1 6 ,0 0 0 i
1 2 7 6 .. M a r lin , T e x a s ..........
5
t l9 0 6 -1 9 8 1
1102*0793 8 ,0 0 0 J
11906-1941
1 2 7 6 .. M a r lin , T e x . (2 is s u e s) 5
3 0 ,0 0 0
96
1 9 03 -19 31
4
1 2 7 6 .. M e r iw e t h e r C o ., G a . . .
1 9 ,0 0 0 102 30
1 9 1 2 -1 9 1 5
1 3 2 7 . M id d le s e x C o ., N . J . . .
3*9
1 9 0 7 -1 9 1 2
8 ,00 0 101-15
1 3 2 7 .. M id d le s e x C o ,, N . J . . . 3*9
1 1 ,0 00 101*95
5 9 ..
M o n r o e C o ., I o w a ............... 1 9 08 1910
4*9
80 0,00 0 1 0 6 -2 9 1
1932
1 3 2 7 .. N e w a r k , N J. (2 i8 s u ’s) 3*9
1931
2 3 ,0 0 0 1 0 6-36
1 2 7 7 . . N e w R o c h e lle , N . Y . . 4
1931
5 0 ,0 0 0 1 0 7-30
1228.
-N e w t o n , M a s s ......... 3*9
1 9 26
3 5 ,0 0 0 1 0 6 -5 0
1 2 2 8 . .N e w t o n , M a s s ..............
3*9
1 2 7 7 .. N e w Y o r k C it y ( I l l s
7 ,8 9 1 ,0 0 0 106-291
s u e s )............................. 3*9
5
1 2 ,8 16 1 0 0-50
5 9 ..
N i a g a r a F a lls , N . Y . . .
1 9 0 2 -1 9 1 0
2 0 ,0 00 3 0 0
1 3 7 4 .. N ile s , M lo h ....... ........ 5*9
1921
2 0 ,0 0 0 102*485
1 2 77 N o r w o o d , O h i o ............
4
19 16
1 2 7 7 .. 0 . k H a r b o r (W a s h .)
2 ,5 0 0 101*04
S c h D is t . N o 6 ......... 5*9
1911
4 9 ,5 0 0 101*50
1327 O m a h a , N e b . (9 is s u e s) 4
1 9 0 3 -1 9 1 1
8 0 ,0 0 0 100-166 .
5 9 ..
P ly m o u t h C o ., I o w a . .
4
1 9 0 2 -1 9 0 4
2 ,50 0 102
4
1 3 2 8 .. P o t t s v ille , P a ..........
1 9 0 3 -1 9 0 7
4
1 9 0 2 -1 9 0 6
1 0 ,0 00 10 0-32
1 2 7 7 .. P r e b le C o ., O h i o ___
1 0 ,0 0 0 101*13
1 2 7 8 .. R o c k v ille C e n t r e ,N .Y . 3-65
1 9 0 7 -1 9 2 6
5 9 ..
R o m e, N . Y ...........
1,66 3 101*20
3*9
1903 1906
1 3 2 8 .. R o g e r s v l]le (T e n n .) S.
2 ,5 0 0 102*53
D i s t .............................. 0
t l 9 0 6 1921
1 2 7 8 .. R y e a n d H a r r i s o n (N .
1 ,00 0 102*92
Y . ) 8ch. D ls t .............. 4
19 17 -1 9 1 8
1 3 2 8 .. 5 . P e t e r s b u r g , F l a . (2
1 9 ,0 0 0 110*13
1932
I s s u e s ).......... .....
6
3 ,0 0 0 104*116
1 3 7 5 .. 8 .li n e v i lle , O h io ..
6
1 9 0 2 -1 9 0 6
6 0 ..
8 .o h o m iB h Co., W a s h .
2 5 0 ,0 0 0 1 0 0-90
11912-1922
(2 Is s u e s )..................
4
55
1,057 1 0 5 1 3 2 8 .. 5 .r )n g t ie ld , O h io .....
19021906
6
10,000 1 2 1-075
1 3 2 8 .. S p rin g H eld, O h i o ......... 5
1920
3 9 .0 0 0 {1 0 5 *1 6
4
6 0 ..
T e r r e H a u t e , I n d ............... 1 9 1 2 -1 9 2 2
4 , 8 (0 1 0 2-104
12 9 . .T ip t o n C o ., I n d ..........
1 9 0 3 - 1908
5
7 0 .0 0 0 1 0 0 0 7 1
1 3 7 5 .. T r in id a d , C o lo ........
11911-1910
5
73
1 5 ,4 3 0 10 61375 T r o y , N . Y ..................... 4
1 9 0 3 -1 9 2 2
9 ,8 0 0 102-39
1 3 7 5 .. T r o y , N . Y . .............. 312
1 9 0 3 -1 9 2 2
6,020 105
6 0 .. V e r o n a , N . Y .........
1 9 0 3 -1 9 0 7
4
1 3 7 5 . .W e s t fie ld (N . Y .) Sob.
3 5 .0 0 0 10 1-62
1 9 1 0 -1 9 2 7
D ls t. N o . 1 .................
3*a
3 ,0 0 0 100
1 9 0 2 -1 9 0 4
1 ' 7 9 . . W e s t S a le m , W l s ......... 5
4 0 .0 0 0 101-283
1902 -19 11
1 3 2 9 .. W o b u r n , M a s s ,............
3*2
6 ,5 0 0 101-538
1 9 0 7 -1 9 0 9
4
6 0 ..
W o o d s t o c k , 111....

110
L o c a tio n .

THE CHRONICLE.
H a te

127a Worcester Mass.... 3ki
1329.. Wylam, Ala........... 6
1278 Yakima G (W
o
ash.)
80k Dial No. 37__ 5
.
1279.. Yonkers, N. Y........ 3**
«0. York, Pa. ............ .

Am o u n t. P r ic e .
M a t unity,
$100,u O1 1 7 9
O 1 0 -7
*931
5.000 100
f 1911-1921
1,000 100
U902-1906
ao.ooj 108 42
1921
30,000 103-67
11922-1932

Total (103 municipalities, covering 146
s e p a ra te Is s u e s )___________ . . . ____. . _____
(jl 14,563,222
Aggregate of sales for which no price has
been reported (29 municipalities, cover­
ing 29 separate Issues).....................
893,736
Total bond sales for December 1901.... §f15,456,958
* Average of dates of maturity, (Subject to call In and after the
earlier year and mature In tbe later year. $Not including $2,460,000
of temporary loans reported and wbloh do not belong In tbe list;
also dees not Include $117,500 of Canadian loans. 1 Taken by s in k ­
1
i n g fund a s a n Investment. { And other considerations.
In the C h r o n ic l e of Dae. 7, 1901, page 1225, a list

IV o h , I,XXIV.

Bond Calls and Redemptions.

O am erab rg, Pa.— on l l .— h b
h
b
u
RC a
d
T is orou
gh called for
p ym t J n a 1 at th o
a en a u ry
e ffice of E J B ck T
. . la , rea rer,
su
refu d g b n s N s, 5 to 1 0 in sive, d ted J ly 1 8 9
n in
o d
o
5
0 , clu
a
u
,1 9
N n
o ew b n s w b is u d to retire th a ove is u .
o d
ill e s e
e b
s e
D
avid
son C n
ou ty, Ten B o n d s R e d e e m e d .— T is cou ty
.—n
h
n
h s red
a
eem $ 0 0 b n s, s
ed 5 ,0 0 o d
eries of 1 9 , leavin $ 0 ,0
85
g 10 0
of su b n s n
ch o d ow o tsta d g.
u
n in
H
arrisbu
rg, Pa.— C a ll. — J h K R
B ond.
o n . oyal, C
ity T
reas­
u
rer, called for p
aym t J n a 1 a h office th follow g
en a u ry
t is
e
in
b d
on s:
City water bonds o f Jan. 1.1805, Nos. I I and 12. o f 1100 eaetr, Nos. 35 and 80,
for *S0u each, and Nos. 87 to 94, Inclusive, o f *1.0 0 each.
Fourth and Sixth Street paving bonds. Nos 10 to 6 1 , inclusive, o f *500 each,
H am ilton Street sewer bond No. 680 fo r *100.
Fourth Street sewer bonds No. 685 fo r $100 and Nos. 686 and 687 fo r $800
each.
W oodbine Street sewer bonds Nos. 688 and 699 fo r *100 each.
F ifth Street and Beuslnger Avenue sewer bond No. 600 fo r $100.
Sycamore Street grading bond No. 601 fo r *100.

S n J a , Porto RicoB o n d C a l l .— a u E
a
u n
.—
M n el gozcn
e,
M
ayor, gives n
otice th th m n
at
e
u icip
ality, availin itself of
g
th righ given it b th fifth cla se of th co d
e
t
y e
u
e
n itio s gov­
n
ern g th is u of th a u u lo n a d n b th fou
in
e s e
e q ed ct a , n
ot y e
rth
cla s , a p
u e s reviou
sly a vertised a
d
, greed in s s io h
e s n eld D
e­
cem er 1 u o th red p
b
6 pn e
em tion at th
eir n in l va e of al
om a
lu
A d d it io n a l N o vkm bek B ond S a l e s .
th b n s is u d in
e o d
s e , terest cea g J n 1 1 0 . Th b n s
sin a . , 9 2
e o d
A m o u n t. P r ic e .
M a tu rity .
B a te .
Page,
L o c a tio n .
w b red
ill e
eem at th o
ed
e ffices of th m n
e u icip
ality o a d
n n
1275. .Chelan C (Wash.)
o,
$2,500 10O
8ah. Dial. No. 2 .... 5
after J n 1 1 0 , or a th o
a . , 92
t
e ffices of J M C& ao s
. . ebC .,
llo
1326..Garden City (Kan.)
2 W
7 illiam S
treet, N
ew York.
10,000 103-82
1916
8oh. Dlst,............ 6
S u d
a n ers C u ty, N B o n d s R e d e e m e d .— h cou ty
o n
eb.—
T is
n
1276..Huerfano C (Colo.)
o.
2,000 101
t 1906-1916
h s red
a
eem
ed $ 0 0 4 # refu d g b n s T ese b n s
5 ,0 0 M
n in
o d. h
o d
8ch. Diet, No. 30.... 8
76,000 10006
1931
1276..Laurens Co., 8. C..... 4
w
ere ow ed b th S
n
y e tate P
erm n t S ool F n .
a en ch
u d
1904-1905
15,000 flOl-847
1277..Moline. Ill.............. 4ki
S eb
h oyga , W B o n d C a l l . — T h e C
n
.—
is
ity C u cil h s
o n
a
70,000 lOO'Ol
1902-1906
1277.. Sault 8te Marie, Hioh. 4
p s e a reso tio callin for p
asd
lu n
g
aym t J n 2 1 0 , a th
en a . , 9 2 t
e
Total additional sales for November..........$174,500
o
ffice of th C
e ity T
reasu
rer, p
avem t im rovem t b n s
en
p
en
o d
o
, clu
g 3 0. h
o d
These additional loans w ill make the total sales N s, 1 to 6 in sive, aggregatin $ ,0 0 T ese b n s car­
ried6% in
terest a d w
n
ere is u d J n 2 1 9 .
s e
a . , 87
(n ot including tem porary loans) as reported fo r Nov­
S en n oa , Pa.— on l l .— terest cea
h a d h
R Ca
d
In
sed o J n 1
n a . ,
1 0 , o th follow
92 n e
ing b n s :
o d
ember, 1901, amount to $6,989,144.
o f Novem ber bond sales amounting to $6,814,644 will
be found. Since tbe publication of that statement
we have received tbe follow in g additional reports.

Issue o f 1603, Nos. so and 65, each fo r 8800; Nos. 25, 58 and 68, for *300 each,
and Nos. 62,85, 127, 181, 185, 218 and 251, fo r *100 each.
Issue o f 1806, Nos. 2 and 87, fo r *800 each; Nos. 25 and 44, fo r *300 each, and
Nos. 8, 18, 84. 42, 47. 57,61 and 118, fo r *l0o each.

A
roostook C u t/ M S to c k S o ld .— th Chronicle
o n , . —e
In e
o d
lled re
e p
resen
.
ta gh , or­
N
ov. 2 , 1 0 , w sta
3 91 e
ted th th cou ty h d voted toB n s ca rer,a to b p n ted to C T. S u n B
at is
n
a
sell
su
for red
em tio .
its h in ($ 2 ,0 0 of preferred sto
old gs 7 8 0 )
ck of th B ou & rea
e an gh T
gor
Sierra ou ty
0
illsboro), N MB o n d C a l l .—
. .— ex
A
roostook R , C . to th railroad co p n
R o
e
m a y, T is sa o w . C n o (P. C. H T
h
le, n
e
lem n
m s, ou ty rea rer, called for p ym t
n
su
a
en
a n
re ow a vised h s b
d
, a
een co su m ted In p ym Jth C P
n m a
.
a
en for
a . ,
ation B n of C ica
al a k
h go, $ 5 0
5 ,0 0
th sto th railroad com a y a
e
ck e
p n grees to a s m a dJ ay off1 0 , a th F
s u e n pn 1 9 2 t e irst N
s
after J n 3 , 1 0 , th in
u e 0 92
e terest accru g u o th $ o8 s,0 s follow :
in
p n e b2 d 0 a
7 n,0
*5,000
b n s issu b th co n in a of th sa railroad a 6%denomination o f * 1bonds, dated July 1,1889, Nos. 6 to 10. Inclusive, in
o d
ed y e u ty
id
e
id
, n current-expense ,0 0 0 .
d
a
lso to p y a m
a
t
atu
rity th p cip of th b n s 50,000a clusive; 45, 46, 54 to 57, July 1, D89, Nos. 9 to 12, inclusive; 8382 andin­
e rin al
e o d . A 6% funding bonds, dated inclusive; 68 to 76, inclusive; 78, 79, to 38, 83
s
gu
aran th railroad co p n h s d o
ty e
ma y a
ep sited w
ith th O are in denomination o f *1,00U; Nos. 17, 47, 50 to 52, inclusive; 68 to 67,
e ld
inclusive;
80
denomination o *600; n o s .
16, in­
C
olon T st C m a y of B sto $ 2 ,0 0of B gor & A clusive: 18 77, 23,and 84 are in to 44, inclusive; f48,49, 58, 81 13 to 85 are
y ru
o p n
o n 78 0
an
roos­
to
inclusive; 39
and
took R , co so a
R
n lid ted refu d b n s
nHin o d .
g
in denomination o f *100.
G
eorgia.— r e s t t o be P a i d O u t o f P r o p e r t y F u n d .—
I n te
In ord to tak u th
er
e p ese b n s th cou ty h s so to S A
o d
e
n
a
ld
.
Th S p
e u rem C rt o J n a 4 d
e ou
n a u ry
ecid
ed th tn H ean of C icago $ 5 5%02 -3 -y a (op
at
e K ell
ow
h
5 ,0
C 0 0 e r
tion
al) refu d g
n in
resolu
tion p s e b th la Legislatu
asd y
e st
re, w ich p b n s th sa tak g p
h
rovidd , e le
es
o
in
lace la J n . Th n
st u e
e ew b n s a
o d re
th th in
at
e
terest o th b n ed d t for 1 0 , a o a t­ S p 1 9 1 a d carry in
n
e o d
eb
9 2 md n
uted e t. ,1 0 , n
terest p y a le sem n u lly
a b
i-a n a
in to $ 2 ,8 0 sh ll b p id o t of th p b p
g
35 0,
a
e a
u
e u lic rop
erty fu d n W . — W a r r a n t C a ll. — . H E
S ok , e, ash
pn a
M . ggleston C
, ity
is con
stitu
tion l a d legal. T e S te T
a n
h
ta
rea rer is d T
su
irected rer, h s called for p
rea
su
a
aym t J n a 7 w
en a u ry
arran N 1
t o. 0
u d th resolu
n er e
tion a d in con
n
form
ity w
ith th ord of Pacific A
e
er of th
e
ve. sew fu d d
er n
istrict N 2
o. .
low C rt to tran
er ou
sfer th fu d a th reso tio p vid
e n
s e
lu n ro es.
U d th m n a of th S te C stitu
n er e a d te
e ta
on
tion (S
ection xiii,
Article vii,) th p ceed arisin from th s le of th p Bond Proposals and Negotiations this
e ro
s
g
e a
e u lic
b
p
rop
erty ow ed b th S te m st b ap lied to th p
n
y
e ta
u
e
p
e ay­
m t of th b n e d t of th S te a d u e for n veeker
en
e o d d eb
e ta
n
sd
o o have been as follow s :
th
p rp se w a
u o
h tever. T e m
h
ajority of th C rt h ld thlban M .— B o n d s V o te d — B o n d O f f e r in g .— h village
e ou
o s A
at y, in
n
T is
th in
e terest d e is a p
u
art of th b n ed d t, a d th o th ec, 2 , 1 0 , voted to is u $ ,0 0 w ter-w
e o d
eb
n ^ an D
t ere­ 6 9 1
s e 7 0
a
ork b n s
s o d.
fore th p b p
e u lic rop
erty fu d ca b u e to p y th in e vote w s 7 for a d n n a in
n
n e sd
a
e Tterest
h
a 0
n
o e ga st. P
rop
osa for th e
ls
es
u d th C n
n er e o stitu
tion
.
b n s w b received u til. 1 ,, F ru
o d
ill e
n a m0 eb ary 1 b th Vil­
, y e
S Pau M .— C o m p a r a t iv e S ta te m e n t o f D e b t .— ity lage R
t.
l,
in
n
C
ecord
er. In
terest m st n exceed a d th p ci­
u
ot
n
e rin
C p
om troller J J M aray recen
. .
cO
tly m d a in
a e n terestin ill m tu o or b
p lw
a g
a re n
efore fifteen yea after d te.
rs
a
sta
tem t regard g th in eb n
en
in
e d ted ess of th city of S A u
e
t. Plliance, O io B o n d O ff e i'in g .— rop
a l.
h.—
P
osa w
ls ill b re­
e
T e sta
h
tem t sh w th t o J n 1 1 )2 th total dceivedt­ n 2 m J n 2 , b J H M on ell, C
en
o s a n a . , 9 , e
eb ou u til p,, a . 0 y , . cC n
t
,
ity C
lerk
,
sta d g w s $ ,3 9 6 , of w ich $ ,4 6 0 co sisted 6 ,6 0 4 refu d g b n s S
n in
a
9 3 ,8 5
h
2 3 ,0 0
n to $of 5
r
2
#
n in
o d.
ecu
rities a
re all in d
e­
1 0,
t n
o d h
ill b for
e
w
ater b n s $ ,5 4 0 of gen
o d , 5 4 ,1 0
eral b n s, $ ,3 6 0nof inx n of $ ,0 0 excep o e b n , w ich w
o d
1 3 ,4 0 om a
ta tio
levy certifica
tes a d $ 3 6 of p rk lo n . A
n
3 ,3 5
a
a s
gain $th , a d all a d ted M
st 6 0 n
5is
re a
arch 1 1 0 . In
, 92
terest w
ill b pay­
e
total th
ere sta d a sin in fu d of $ 4 ,7 3 leavinaa n
n s
k g
n
71 1,
gb sem a n a
le et i n u lly at th o
e ffice of th C
e ity T
rea rer. Prin­
su
d t o J n 1 1 0 , of $ ,5 8 5 . a red ction of $ cip 0 w8 m tu M rch 1 9 2 A certified ch
eb n a , , 9 2
8 9 ,1 2
u
3 0 l,2 ill a re a
,4 a 4
,1 0 .
eck for $ ,0 0
1 0
over th $ 0 9 ,4 0 rep
e 1 ,9 8 0
orted for J n 1 1 9 . T e total da
a . , 82
n m st is­ m a y p p sa
u
cco p n
ro o ls T ese b n s are is u d u d
h
o d
s e
n er
u
ectio 2 0 , R
n 7 1 evised S tu
ta tes of O io B ­
h . id
b rsem ts of th city d rin th p st ten yea th th pth rity of S
u
en
e
u g e a
rs
e Ce.a ­ o
om
rs re
u
tisfy th selves a to th legality,of th
em
s
e
e
troller p ces a $ 1 0 ,7 5 3 . T e C p
la
t 4 ,5 8 6 6
h
om troller a d s tes req ired to sa
lsoe taa
th d rin th p st ten yea n b n s h
at u g e a
rs o o d
ave b
een iso e s b
sn d
b ud , efore b d g.
id in
sterd
am N — . o n d S a le .— h B
, . YB
T e oard of S er C
ew
om
­
a d th all ex en
n
at
p ses of th city govern en h ve b A et
e
m t a
een m
issio
a
ld 1 ,0 0 j4
er o d
e m
by ta tion a o th t all p b im rovem ts h ve b e n
xa
; ls
a
u lic
p
en
a me n ers h s so $ 2 0 3 $ sew b n s to th A ster
m b a s s m n a in th p
et y s e s e t ga st e rop
erty b efited
en
.
d m S vin B n at p r. S
a
a gs a k
a
ecu
rities a in d om a
re
en in tion
6 0, a
a . ,1 )2
cipal w
ill m tu $ ,0 0
a re 6 0
S n Pe C u ty, N Mo n d C o m p r o m is e N o t A c c e p t - of $ ,0 0 d ted J n 1 9 , Prin
a ta
o n
. B .—
Jun 1 9 9 n
6 0
ly , 9 0
h
o d
re a
a b le .— is rep
It
orted th t o J n a 7 th B a
a n a u ry
e o rd of C u ty, 1 3 , a d $ ,0 0 Ju 1 1 1 . T ese b n s a p rt
o ly
n er h p
3,
s
86 s m d
C m issio ers p s e a reso tio to refu d th d t of rie w ich u d C a ter 5 3 Law of 1 8 , a a en
o m
n
asd
lu n
n
e of a s
eb e s h
d o n
6,
s
87
n o
4
e
$ ,0 0 0 (p cip a d a
1 0 ,0 0 rin al n ccru in
ed terest) of S n Fe C y C a ter 1 1 Law of 1 8 , ca n t exceed 5 of th
a ta e b u h p
ses
ation of real a d p
n
erso a p
n l rop
erty.
ty for 5 c n o th d
0 e ts n e olla issu g in p ym t th a s s $d valu
r,
in
a en
ereof 3e
4 -y a b n s W a a vised b W N C
0 e r o d.
e re d
y
. . oler & C . of A
oAim rbor (M
ich.) S ool D .— B o n d E le c t io n . — A n
ch
istrict
election w b called in th n r fu re, a
ill e
e ea
tu
ccord g to re­
in
N
ew York, w o rep
h
resen a large n m er of th b n ­
t
u b
e o d
p rts to vote o th q estio of issu g $ 5 0 4 sch o
o ,
n e u
n
in
3 ,0 0 4
o lh ld
o ers, th t th com rom
a
is
p
ise is n t a
o ccep b
ta le.
S p
u erior, W B m d D e c is io n t o b e A p p e a le d .—
.—
is
LaC
rosseh u e b n s
o s o d.
AS lan
o n
.—
is
h
n
p p
a ers sta th t th c s of S m el J K
te a
e ae
a u
. ing v . C
s
ity of sh­ d C u ty, W L o a n A u t h o r iz e d . — T is cou ty
u
n ecem er 2 voted to b
b
7
orrow $ 0 0 at 8l3 in
1 ,0 0
4 terest from
p
erior, w ich w s tried in th U ited S tes C rt in La
h
a
e n
ta
ou o D
th S
th
eiD 8 9 in favor of th lo n a d 3
g 8
e a
n
3
C sse la
ro
st S tem er to en
ep
b
force th p ym t of $ e0 ;afe— e vote b
e a
en
20 0
ga st.
e a
e u o
ayin off th judg­
g
e
b n s h sb
o d , a een a p led to th U ited S tes C u a in
p ea
e n
ta
o rt of Ap­ Th lo n is for th p rp se of p
en
e
n
n
a ction in th m t­
e a
p ls b tb a rn
ea
y e tto eys for th p
e lain
tiff. Th su is m t in eb n
is
it
a test d ted ess of th cou ty a d fin l a
ter t
y e o n
o rd n a u ry .
ca a d in
se n
volves a large a o n of sp
mu t
ecia im rovem w b ta en b th C u ty B a o J n a 7
l
p
enill e k
Atlanta, G .— Sale.—A rep
a Bond
s
orted la w
st eek $ 0 ,0 0
. 30 0
b n s, a d a sta
o d
n , s
ted fu
lly in C h r o n ic l e O
th
e
ct. 1 1901,
2
,
of th $ 1 ,0 0
e 48 0
3 -y a gold refu d g b n s offered b t
0 e r
n in
o d
u
J d B n ren ered a d
u ge u n
d
ecisio for tb d
n
e efen .
se

J anuary 11, 1902. J

THE CHRONICLE

111

n B ld o D
ot o
n ecem er 3 h
b
ave b
een d o
isp sed of to th A required to deposit before 2 p. M. on the day of sale a cer­
e be
tlan
ta
H om e In ra ce C ., th price p id b
su n
o
e
a
ein p r. Th b tified. check or a certificate of deposit for \% of I he par value
g a
e a n
la ce
of the bonds, said check to be made payuble to the Village of
of th b d n
e on s— am
ely, $ 1 ,0 0 h
2 8 0 — ave b
een d o
isp sed of at p r
a
Cloquet. P. E. McGugin is Village Recorder.
to local b n s, tru co p n
a k
st m a ies a d in ivid als. For fu d
n
d
u
ll e­
Coatcsville (P a .) School D istrict.— B o r u l S a le . — Wo are
scrip
tion of secu
rities Ce
shronicle O
e
ct. 1 , p 8 4
9 . 6.
bonds offered but not sold on
B
altim
ore,
Did.— B o n d s O ffe r e d .— H
am
bleton & C
o., B advised that the $30,000
alti­
m
ore, a offerin for sa at 1 4 a d in
re
g
le
1 % n
terest, th -3
yz% 5
0 Nov. 16, 1901, have been awarded to Dick Bros. & Co., Phila­
e
delphia, at 101 and other considerations. For description o f
year “ W
estern M
arylan R
d ailroad R
efu din Loan” of B
n
g
al
these bonds see C h r o n ic l e Oct. 26 and Oct. 19, 1901.
tim
ore, p rch sed b th firm o D
u
a
y at
n ecem er 2 in con n
b
3
ju c­
Colton (T o w n ), St. Law rence County, N. Y .— I n s c r i p t i o n
tion w
ith D
ick B s. & C . a d K n
ro
o n
ou tze B s, of N
ro
ew Y
ork
C
ity. M s rs H
e s . am leton & C ., in con ection w o th o n d s . —The $12,000 bridge bonds which we stated last
b
o
n
ith f Bis
offerin sta th th gro d t of th city is $ 9 5 week had been disposed of by this town were purchased by
g,
te at e
ss eb
e
3 ,9 4 2 9 ,
,7 8 5
giving M G N N n
r. . . u sen C
, ity R
egister, a au ority.the Madrid Bank of Madrid, N. Y . Securities are in denom­
s
th
Th
e
w
ater d t in
eb
clu ed in th a ove figu
d
e b
res is $ ,5 0 0 ination o f $1,000, dated Jan. 1, 1902. Interest is at the rat©
8 0 ,9 0 a d th
n
e
of d payable March 1 and September 1. Principal w ill ma­
sin in fu d $ ,1 9 0 , w ich if d u
k g n
9 7 ,2 8 h
ed cted lea
ves a n 4%,eb
et
t
ture $1,000 yearly, beginning March 1, 1904.
of $ 2 7 ,5 0 9 , accord g to th requ
2 ,2 5 2 5
in
e
irem ts of th N
en
e ew
York S
avin B n Law Th p
gs a k
.
e erm
issib d t u d th
le eb
n er Colnmbas (O h io ) School D istrict.— B o n d s A u t h o r iz e d , —
is
The Board of Education has voted to issue $65,000 ‘ % % 204
law w ld b $ 0 7 ,5 0
ou
e 3 ,0 5 0 .
B o n d s P r o p o s e d .—
Th W
e ater B
oard h s d
a ecid to a k th bonds.
ed
s yeare
Contra
S te Legislatu
ta
re for au ority to is u $ ,0 0 0 reservoir Costa Connty, Cal.— B o n d s P r o p o s e d . —The Grand
th
s e 1 0 ,0 0
Jury, in a report made recently to Judge Wells, advises the
bn s
o d.
B
eard
stow , 1 1 o n d s R e g is te r e d . — e A
n 1B
.—
Th
uditor of Pu issuance of $150,000 bonds to complete the new court house
b­
lic A
ccou ts h s registered th $ 7 0
n
a
e 6 4% refu din b n s
,0 0 n
g o dand to build a new county jail.
m tion in thhronicle N ov. 2 , 1 0 . T ese b n s w C o r o n a , C a l. — B o n d s D e f e a t e d .— A t an election held Dec»
en
ed
C
e
3 91 h
o d
ere
a th
u orized a a election h
t n
eld Jan ary 2 th vote b 23, 1901, the question of issuing storm-drain and culvert
u
,
e
ein 2 2
g 6
bonds was voted upon and defeat ed.
for a d 5 a in
n
ga st.
Bellevue, Pa.—B o n d E l e c t i o n . — e B
Th
orou
gh C n
ou cil o Crystal Falls, Mich.— B o n d s D e f e a t e d . — A t a recent elec­
n
J n a 7 p s e a resolu
a u ry
asd
tion providin for th issu tion a proposition to issue $22,000 bonds for the improvement
g
e
a ce of
n
$ 0 0 b n s, T e qu
5 ,0 0 o d
h
estion will b su m
e
b itted to th of the electric-light plant failed to receive the necessary twoe voters
at th sp g election
e
rin
.
thirds vote.
Beloit, V i is . — B o n d S a le .— O D
n ec. 2 , 1 0 , $ ,8 0 library­y a h o g a C o u n t y ( P . O. C le v e la n d ) , O h io .— B o n d O f f e r ­
6 91 8 0
Cu
bu
ildin b d w
g on s ere aw
ard
ed to J h W C
o n . rist of B i n g . — t r o p o s a ls w ill be received until 10 a . m ., January 29,
eloit aP
3 9£ S
'4 5 .
ecu
rities a in d om ation of $ 0 a d will m Board o f County Commissioners—Julius C. Dorn,
re
en
in
80 n
a­
by the
tu o e b n yearly. In
re n o d
terest will b p
e ayab sem Clerk—for $1,000,000 4% coart-house bonds. Securities are
le
i-a n ­
n u
in denomination of $1,000, dated Feb. 1, 1902. Interest w ill
ally.
Biloxi, M
iss.— n d s V o te d .— T e election h
Bo
h
eld D
ec. 2be payable semi-annually at the office of the County Treas­
3
,
1 0 , resu
91
lted in favor of issu g $ 0 0 5 0 ea (option
in 4 ,0 0 -2 -y r urer and the principal w ill mature $52,000 yearly on Ang. 1
al)
w
ater-w
ork b n s
s o d.
from 1903 to 1920, inclusive, and $64,000 on Aug. 1. 1921.
Bottineau, Bottineau County, N Dak.— B o n d S a le .— O These bonds were voted at the election held Nov. 5, 1901. A
.
n
J u
an ary 2 th $ ,0 01 -y r b n s (d
e 3 5% 5 ea
0
o d
ated J n 2 1 0 ,) signed by not less than tw o disinterested persons, resi­
a . , 9bond,
2
d
escrib in th h r o n ic l e Dac. 2 ,1901, w
ed
C
e
1
ere aw
ard to dents of and owning real estate in the county o f Cuyahoga,
ed
K e &C
an
o., M n p
in ea olis, at p r. Th w s th on b are­
a
is a
e
ly or certified check for not less than 1% of the total amount
id
ceived
.
of bid, must accompany proposals.
B
raddock,
Pa.—B o n d S a le .— O J u
n an ary 6 th $ 0 ,0 0 Coyaboga Falls, Ohio.— B o n d S a le .— On January 8 tb©
e 1 14%
0
1 9 year (serial) fu din a d im rovem t b n s $5,000 4% electric-light bonds were awarded to Rudolph K ley-2
n
g n
p
en
o d w
ere
a ard to F rson Leach & C ., New York, at 1 5 9bolte & Co., Cincinnati,'ati 100T2 and accrued interest. Fol­
w
ed
a
,
o
0 T 9
.
Brewster County, Texas.—B o n d s N o t Y e t S o ld . — W e a
re lowing are tbe bids :
R.
ad
vised th
at th $ ,04% 2 0 e r (option
e 3 0
0 -2 -y a
al) refu d New leybolte B’k, Columbus....$6,00R 00 I1Denison, P rio r Co.,Co., C lev e___ P a r
n in K 1st Nat. &Co.,Cinein...... 6,005 00 P. S. Briggs & & C in cin n ati... Par
g
b n s m tion
o d
en
ed in th hronicle O
C
e
ct. 1 , 1 0 , h
9 9 1 ave n t
o
For
yet b
een d o
isp sed of a d a in th h n s of th C
n
re
e a d
e ity N description of bonds see Chronicle Dec. 21, p. 1326,
a­
Dallas, Texas.— B o n d S a le .— The $75,000 4% 40-year gold
tion B n of A stin for sa
al a k
u
le. T ese b n s are p
h
o d
art of a
n
refunding water bonds offered for sale on Dec. 28, 1901, have
is u of $ 7 8 b n s, of w ich $ 4 8 h
s e
1 ,4 0 o d
h
1 ,4 0 ave b
een so to th
ld
e
been awarded to tbe National Exchange Bank of Dallas at
Perm en S ool F n of th cou ty.
an t ch
u d
e
n
par.
Brown County, Texas.— o n d s V o t e d . — T h is , cou ty o
B
n
n D arlington, S. C.— B o n d S a le .— On January 6 the $20,000
D
ec. 2 , 1 0 , voted in favor of issu g $ 0 0 b n s 5% 10-year town hall bonds were awarded to John W . Dickey
1 91
in
4% jail o d .
3 ,0 0
T ese b n s w en issu , will m
h
o d, h
ed
atu in 4 yea
re
0
rs, $ 5 0
1 ,0 0
of Augusta at 102’651. Follow in g are the bids :
b
ein su ject to call after 5 years a d $ 5 0 after 9John W. Dickey, A u g u s ta ...$20,680 27 I Seasongood & M ayer. Cincin.$20,106 25
g
b
n
1 ,0 0
y rs.
ea
Burlington, N 3 . — B o n d S a le .— O D
.
n ecem er 3 , 1 0 , th Robinson, A tla n t a ...... 20,627 82 |F. M. Stafford & Co.,Chattan. 20,076 OO
b
1 9 1 Roby
e
$ ,5 0 1 -y a roa b n s w
3 04% 0 e r
d o d
ere aw
ard
ed a follow : N ew leybolte ank.C olum bus. 20,625 00 ! 8. A . Kean, C hicago.............. 20,000 OO
s
s R.2lstNat.B & Co., Cinotn... 20,625 00
$K 0
,0 0
to E
llen Lew a 1 5 $ ,0 0 to N
is t 0 , L 0
ath
an H
ain at 1 5 a d
es
0 For description of bonds see Chronicle Jan. 4, p. 58.
n
$ 0 to F
50
red Peter at 1 4 For d
.
0,
escrip
tion of b n s Doniphan, Mo.— B o n d S a l e .— The $15,000 5% 5-20-year (opo d se
e
Chronicle D
ec. 2 p. 1 7 .
8
, 32
tional) water-works bonds mentioned in the Chronicle Dec.
Burnett County (P . O. G
ran
tsbu W i9.— Bond O f f e r ­ 21, 1901, were sold on Dec. 14, 1901, to John Nuveen & Co.,
rg),
i n g . — rop
P
osa w b received u til 2 p M F
ls ill e
n
. ., ebru Chicago, at par.
ary 1 b
, y
T o T
h s. ollefson C n T
, ou ty reasu
rer, for $ ,0 0 b n s
4% jail
6 0
o d . D u t c h e s s C o u n t y ^ P . 0. P o u g h k e e p s i e ) , N. Y .— B o n d O f f e r ­
S
ecu
rities a in d om a
re
en in tion of $ ,0 0 d ted J n 1 1 0 .
1 0, a
a . , 92
i n th
In
terest w
ill b p yab sem n u lly in ad
e a
le
i-a n a
van
ce at g . — Proposals w ill be received until 1 p . m ., January 29, by
e
F
irst B n of G n
a k
ra tsb rg. Prin
u
cipal will m
atu J n a H. Kipp, Chairman, care o f C. W . H. Arnold, Coun­
re a James
u ry
1 1 0 . A certified ch
, 98
eck for $ 0 , p
1 0 ayab to th a oof Building Committee, for $175,000
le
e sel veb
court-house and
n m C n T
a ed ou ty reasu
rer, m st accom an p p sa $65,000
u
p y ro o ls.
county-house bonds. Securities w ill be in de­
Canadian C n Okla.— o n d S a le . — n J u
ou ty,
B
O
an ary 6 th
e
$ 0 0 2 -3 -y a (serial) co rt-h se b n s w
5 ,0 0 1 0 e r
u
ou
o d
ere a nominations to suit and w ill be dated Jan. 2, 1902. Interesfe
w rd to
a ed
M s n Lew & C ., C ica
ao ,
is
o
h go, at 1 0 3 for 4 p cen w illFbe payable semi-annually. The court-house and ja il
0 1
er
ts.
or
d
escrip of b n s s Chronicle D
tion o d e
e
ec. 2 , p 1 7 .
8 . 32
bonds w ill mature $6,000 yearly fo r twenty-nine years and
Chase City, Ya.— B o n d s N o t S o ld . — e a
W
re a vised th $1,000 in thirty years. T h e county-house bonds w ill mature
d
a
t
so e very good b s w
m
id
ere p
resen
ted o J n a 6 for $ ,0 0
n a u ry
4 0
$2,500 yearly for twenty-six years. Either cash or a certified
6% 2 -y a gold b n s, b t th
0 e r
o d
u
at n aw
o
ard w s m d a “a
a
a e, s
ll
check fo r 5% of bid, payable to James H. Kipp, Chairman,
th gs w
in
ere n satisfactory,” a d th m
ot
n
e atter w
as th
erefore
p stp n for fu
o
o ed
rth
er con eration Th b n s a in d accompany proposals. Accrued interest is to be paid
sid
.
e o d re muste
n in tion of $ 0 . Th city h s n b n ed d t ou by purchaser.
om a
50
e
a o o d
eb
tsid of
e
th $ ,0 0 b n s a ove. Th a s s e valu
e 4 0 o d
b
e sesd
ation is $ 6 ,0 0
13 0
T h e o ff ic ia l n o t ic e o f t h is b o n d o f f e r i n g w i l l b e f o u n d a m o n g
a d th rea va e a ou $ 1 ,3 3 A. J Y cey is C
n
e
l
lu b t 2 7 3 .
. an
lerk of
th e a d v e r tis e m e n ts else w h e re i n t h is D e p a r t m e n t .
th C u cil.
e o n
C icago
h
(111.) Sanitary District.— d O f f e r in g . — Pro
B on
Dyersburg, Tenn.— B o n d s V o te d .— 'This city on January 2
p s ls w
oa
ill b received u tilp.1 ., J u
e
n
m
an ary 2 , b thauthorized the issuance o f $50,000 4% 20 year water and
2 y
e
B a of T stees of th S itary D
o rd
ru
e an
istrict of C icago for
h
electric-light bonds by a vote of 306 for to 130 against.
$ ,0 0 0
2 0 ,0 0
bn s S
o d.
ecu
rities a
re in d om ation of
en
in
Erie, Pa.— Bonds Authorized.—The City Council has
$ ,0 0 d ted J n 1 1 0 . In
1 0, a
a . , 92
terest will b p
e ayab passed ordinances providing for the issuance of $15,000 hos*
le sem
i­
a n a
n u lly a th office of th D
t e
e istrict T
reasu
rer. Prin
cipal
pital bonds and $70,000 sewer bonds.
w m tu $ 0 ,0 0 yearly o J n a 1 from 1 0 to 1 2 , County, Mont.— B o n d S a le . — W e are advised that
ill a re 1 0 0
n a u ry
9 3 Fergus
92
in sive. A certified ch
clu
eck for 3 e a ou t of tb b the $50,000 10 20-year (optional) refunding bonds offered for
% of th
m n
e id
,
d
raw to th ord of th C
n
e
er
e lerk of th S itary D
e an
istrict of Dec. 19, 1901, have been awarded to the Bank of Fer­
sale on
C ica , or c s to th a o n m st a
h go
ah
at m u t, u
ccom an p gus sa
p y ro o County, Lewiston, at par for 4% per cents. This award
p
ls.
A , R Porter Is C
.
lerk of th d
e istrict.
was made subject to the right of the State Treasurer to pur­
C
loqn
et, M n B o n d O f f e r in g , — rop
in .—
P
osa w
ls ill b rechase the bonds at tbe same rate. For description of securi­
e
ceived u til 7 m J n a 2 , b th V
n p. ,, a u ry 8 y
e illage C n ties see Chronicle N ov. 23, p, 1125.
ou cil, for
$ 0 0 5 gold w ter, ligh a d sew b n s S
2 ,0 0 #
a
t n
er o d .
ecu
rities a City, Pa .— B o n d s V o te d . — This borough has voted
re
Forest
in d om a n of $ 0 . In
en in tio
59
terest w b p
ill e ayab April 1 $10,000 bonds.
le to issue
a dO
n
ctet o 1 at th A erican E
r
e m
xch ge N
an
ation B Fredericton (N . B .) School D istrict.— P r i c e P a i d f o r D e ­
al a k
n ,
.
’few Y
ork C
ity. P cip w m
rin al ill atu $ ,0 0 yearly o e n tu r e s .— T h e p r i c e g u id t o r the $4,000 4% debeutnres sold
re 2 0
n
b
N
ovem er 1 from 1 0 1 1 ,in
b
9 2 to 1 clu
9
sive. E ch b d will ^
a
id er recently to local parties was 105, not par, as stated last week.

112

THE CHRONICLE

Fresno, O a L — B o n d s D e fe a te d .—An election was held Deo,
19, 1901, at which the question of issuing $180,000 water­
works bonds was defeated. On the follow ing day (Deo. 20,
1901,) another election waa held to vote on the issuance of
1285,000 electric-light and power-plant bonds. ThiB propo­
sition also failed.
tiartteld County, Colo . — B o n d S a le . - On January 6 $63,200
5# refunding judgment bonds were awarded to Duke M.
Faison, Chicago, at 101.
Gloucester, N. J „— B o n d s P r o p o s e d .—An ordinance was
Introduced recently in the City Council providing for the
issuance of $30,000 sewer bonds.
Green Bay, Wls.—B o r id E l e c t i o n . — I t is reported that this
village W ill vote in the spring on the question of issuing
market bonds.
Greene Coanty? l'en n .— B o n d s P r o p o s e d .— W e are advised
that the County Court will, at its January meeting, take up
the question of issuing $400,000 road bonds.
Green Island (V illa g e ), Albany County, N. Y .— W a t e r
W o r k s D e fe a te d .—A t a recent election this village voted
against a proposition to build a water-works plant.
HammontOtt, N. J .— B o n d E le c t io n P r o b a b le .—W e are ad­
vised that the question of supplying water to this town,
which has been under discussion, has been deferred until the
annual town election to be held March 12, when the propo­
sition will probably be submitted to a vote of the people.
Hampden County, Mass.— L o a n A u t h o r iz e d .—The Treas­
urer has been autnorized by the County Commissioners to
borrow $30,000 in anticipation of the collection of taxes.
Houma, Terrebonne County, L a .— B o n d s N o t S o ld .—W e
are advised that there was no sale of the $27,000 5# gold
water-works bonds cffered on Dec. 20, 1901. The town au­
thorities have taken no further action in the matter of issu­
ing these securities, a description of which we gave in the
Chronicle N ov. 16 on page 1075.
Hudson County, N. J . — B o n d S a le .—The $27,000 4# bridgerepair bonds mentioned in the Chronicle Dec. 21, 1901, have
been taken by the Sinking Fund Commissioners as an invest­
ment. Securities are dated Nov. 30, 1901, and w ill mature
Nov. 80, 1916. They are in denomination of $1,000.
Idaho Falls, Idaho ,— B o n d s D e fe a te d .—The election held
January 3 resulted in the defeat of the proposition to issue
$13,500 6# electric light bonds.
Kahoka, Mo.— B o n d S a le .—On January 3 the $12,800 5#
15-20-year (optional) bonds were awarded to Jas. R. Hume,
a local investor, at 106’25. Following are the bids :

[Vol. LXXIV,

to the amount of $10,000 yearly. The $10,000 bonds now
issued are for the purpose of retiring the $10,000 old bonds,
optional in 1902,
Lewiston, Idaho.— B o n d O f f e r in g .— Proposals w ill be re*
ceived until 12 M., January 29, by the Mayor and Common
Council for $80,000 10 20 year (optional) bonds, Securities
were authorized at an election held Nov. 19, 1901. They are
in denomination of $1,009. Interest must not exeebd 5#, and
w ill be payable semi-annually. A certified check for 3# of
the amount of bonds bid for must accompany proposals. The
city has no bonded debt at the present time, and the floatng
debt is about $25,000. The assessed valuation is $967,000. W e
have an official letter stating that there is “ no controversy or
litigation pending or threatening affecting the corporate ex­
istence of the boundaries of this municipality or the title
of the present officials to their respective offices.”
Lisbon, N. H.— B o n d S a le .— This town has sold an issue of
$30,010 %%% 10 20 year (optional) building bonds to E. C.
Stan wood & Co., Boston, at 101—a basis of 3 382# if bonds
are redeemed at their optional date and 3'431# if allowed to
run their full time. Following are the bids :
E. C. Stanwood Sc Co., Boston...lrtl-oo I H H . Rollins & Sons, B o s to n ... 100-306
I.
John K. Clough (fo r one bon d). 101-00 Goo. A . Fernald S Co., Boston,.100*30
c
Jose, Parker S Co., Boston ___100-10 I
c

Securities are in denomination of $1,000, dated Jan. 1,
1902. Interest w ill be payable semi-annually.
Lockland, Ohio.—B o n d s D e fe a te d . —This village has voted
against the issuance of $1,200 bonds.
Lynn, Mass. -B id s .—Following are the bids received Jan­
uary 1 for the $75,000 3t£# 30-year water bonds awarded, a)
stated last week, to R. L. Day & Co., Boston, at 106T8:

R L . Day S Co., B o s t o n .......... 109U8 I Blake Bros. & Co.. B oston........106-03
c
Blodgst .Merritt Sc Co.. Boston.106-163 Adams Sc Co., Boston
.......... 105-46
Estabrook S Co., B oston.......... 100-16 I Lee, H igginson S Co., B oston..106*266
c
c

Securities are dated J an. 1, 1902, and w ill mature Jan. 1,
1932. Interest w ill be payable semi annually.
Macon, Ga.—B o n d E l e c t i o n . —An election w ill be held
February 11 to vote on the question of issuing $964,800 4#
bonds for refunding purposes.
Marhsall County (P . O. W arren), Mini). —B o n d O f f e r in g , —
Proposals w ill be received until 1 P. m ., February 18, by A.;B.
Nelson, County Auditor, for $75,000 5# ditch bonds. Securi­
ties are in denomination of $1,000. Interest w ill be payable
annually at the First National Bank of Warren and the prin­
cipal w ill be payable at any time on or before ten years from
date. The successful bidder w ill be required to pay for lith­
ographing and printing the above bonds.
Matamoras (P . O. New Matamoras), 0 .— B o n d S a le .— On
Jas. R . H u m e, K a h o k a .........$13,600 00 | Thom pson, T en ney & C raw R .V .M on ta gu e & Co., JK. City 13,678 00 I fora Co., Chicago................ $13,201 00 Jan. 4 the $3,000 5# sewer bonds described in the Chronicle
C lark Co. Sav. B’ fc, K a h o k a .. 18,616 80 T . B . P otter & Co., Chicago. 13,167 00
J. C. Smith, B u rlin g to n ....... 18,510 00 S. A. Kean, Chicago................ 13,10000 Dec. 14, 1901, on page 1276, were awarded to P. S. Briggs &
Miss. V a l. Tr. Co.. St. L o u is.. 13,610 00 T row b ridge & N iv e r Co.. Chi. 13,017 0
0 Co., Cincinnati, at 108 033, Following are the bids *
.
Parson, L each * Co., Chic___ 13,837 00 W . J. H a v e s & Son s.C leve___ 13,928 00
Geo. M .Beehtel, D a v e n p o rt.. 18.202 00 Samuel East (fo r $2,000) — . 2,050 00
L id a V a n d oia (fo r $1,000)..,. 1,030 00

Securities are dated J an. 2, 1902, and the interest will be
payable semi-annually.
Kingston, N. Y .— N o t e S a le .— This city has sold a 4# sixmonth sewer note to the Ulster County Savings Institution
at par.
Kokomo, Iud.—B o n d s N o t S o ld . — T h is city offered for sale
on Dec. 30, 1901, $25,000 4# 10-year refunding bonds. In re­
ply to our inquiries as to the result of this offering, we are
advised by J, A. Burkhalter, City Treasurer,that “ theCom­
mon Council, at their meeting Dec. 30, 1901, could not agree
as to payment, there being five votes to refnnd, whereas
seven votes were required, and five votes to pay them, six
being required.”
La Grange, I W . — W o A e r W o r k s P u r c h a s e d — C e r tific a te s
I s s u e d . —The village of La Grange has acquired the plant of
the La Grange Water, Light & Power Co., paying in the
neighborhood of $20,000 in cash and assuming the liabilities
of the company, aggregating $260,000. The above-mentioned
liabilities consist of $200,000 first mortgage bonds, issued
Dec. 1, 1901, carrying 5# interest and maturing in twenty
years. The Northern Trust Co. of Chicago is the trustee of
the mortgage. There are also $60,000 5# 20 year water fund
certificates, with the American Trust & Savings Bank of
Chicago as trustee.
Lancaster, Pa.—Bond E le c t io n P r o p o s e d . — The Finance
Committee has returned to the Councils with favorable rec­
ommendation an. ordinance providing for a special election
on March 11 to vote on the question of issuing $265,000 sewer
bonds.
La Porte County, Ind.—B o n d S a le .— According to local
reports, the Treasurer has sold an issue of $89,770 gravel-road
bonds at par.
Leavenworth, Kan.—B o n d E l e c t io n . —The election held
Dec, 31, 1901, to vote on the question of issuing $400,000
bonds to purchase the present Leavenworth & Fort Leaven­
worth Water-Works plant or else to build a new plant for
the city resulted in favor of the proposition by less than 200
majority.
Lewis County, N. Y . — B o n d s A u t h o r i z e d . — The issuance of
$16,000 4# bonds has been authorized for the erection of an
office for the County Clerk. Securities will be in denomination
of $500, dated Aug. 10, 1902. Interest will be payable at the
office of the County Treasurer, Principal will mature 4,000
yearly on February 10 from 1904 to 1907, Inclusive.
Lewis County, W a s h . — B o n d S a le .— N. W. Harris & Co ,
Chicago, have purchased $10,000
refunding bonds at
102 and blank bonds. This firm, it will he remembered, was
awarded on Nov. 16, 1901, $100,000 4
refunding bonds. Be­
fore the sale was consummated, however, it was discovered
that the old bonds were not all optional at present, but only

P. S. Briggs & Co., Cincln.. .. .18,241 00 | Lamprecht Bros. Co., Cleve...$S,106 50
Denison, Prior Sc Co., C love ... 3.S40 60 First Nat. Bank, BarnesvlUe.. 3,076 CO
W . R. Todd & Co., Cincinnati. 3.183 00 I

Medford, Mass.—L o a n A u t h o r iz e d , —The City Treasurer
has been authorized to borrow $200,000 in anticipation of the
collection of taxes.
Moscow, Idaho.— B o n d s V o te d . —This city has voted to
issue special-improvement bonds. These bonds, we are ad­
vised, w ill not be issued until the work is completed, and
w ill then be taken by the firm contracting for the work—
the Alcatraz Asphalt Paving Co. of San Francisco.
New Philadelphia, Ohio. —B o n d s A u t h o r i z e d . — The City
Council has authorized the issuance of $3,000 6# sewer bonds.
Securities are part of an issue of $50,000 bonds, of which
$47,000 have already been sold. They are in denomination
of $1,000, and w ill mature $1,000 on Oct. 1, 1911 and $2,000
on Oct. 1, 1912. Interest w ill be payable semi-annually.
Newton, Mass.— D e s c r ip t io n o f P o n d s , —W e are advised
that the $70,000
school bonds recently authorized w ill
be issued in denomination of $1,000, dated Jan. 1, 1902. In­
terest w ill be payable January 1 and July 1 at the National
Bank of Redemption, Boston. Principal w ill mature Jan,
1, 1922, No date has yet been fixed for the sale of these
bonds.
Norfolk (T o w n ), St. Lawrence County, N. Y . — B o n d S a le .
— W e are advised that the $5,000 bridge ounds mentioned in
the Chronicle Dec. 28, 1901, have been sold.
Norwood, Ohio.— B o n d O J J e riv g .— Proposals w ill be re­
ceived until 12 M „ Feb. 6, by W E, Wichgar, Village Clerk1
at the office of W illiam R. Collins, Room 1505 J ohnstou
Building, Cincinnati, for the following bonds :
$999 80 b% T 10-year (serial) Buxton A ven ue bonds.
1,577 46 5% 1-lo-vear (serial) Tu rrill A ven u e bonds.
1,935 38 6% 1-10-year (serial) Marlon A venue bonds.

Securities are dated Jan, 15, 1902, The amount of bonds
to be issued may be reduced i f any assessments are paid in
cash. A certified check for 5# of the amount of bonds, pay­
able to the Village Clerk, must accompany proposals fo r each
of the above issues.
Oil City (P a .) School' D istrict.—Bond Flection,—A t the
election to be held February 18 the question o f issuing $15,000 school-house bonds w ill be submitted to a vote of the
people.
Oneida (N . V .) School District.— B o n d s V o te d .— A t an
election held January 7 a proposition to issue $1,000 sue
bonds carried by a majority of 125. As w ill be remembered,
this district on Deo. 3 voted against the issuance of $6,000
bonds for this purpose, although $32,030 bonds were author­
ized for the building to be erected thereon, thus necessitating
a new election.
Pasadena, Cal,— B o n d O f f e r in g —Proposals w ill be re­
ceived until 5 i*. m ., January 29, by Herman Dyer, City Clerk,
for $300,009 4* bonds as follows :

J anuary

THE

11, 1902. j

CHRONICLE

<$127,000 park bonds. Two hundred bonds of $085 each, maturing 10,860 yearly.
25.000 park bonds, Forty bonds of $025 each, maturing $1,260 yearly.
49,500 city-hall and Jail bonds. Two hundred bonds or $847 60 ouch, matur­
ing $1,23? 50 yearly.
20.000 fire-house bonds. Forty bonds of $600 each, maturing one bond yearly.
17.000 street bonds. Forty bonds of $437 ftd each, maturing one bond yearly.
0,000 well bonds. Forty bonds oi $150 each, maturing one bond yearly.
35.000 sewer bonds. Forty bonds of $H each, maturing one bond yearly.
75
5,000 sewer-farm bonds. Forty bonds of $125 each, maturing one nond
yearly.
15.000 park-improvement bonds. Forty bonds of *875 each, maturing one
bond yearly.

Securities were authorized at the election held Dec. 9,
1901. They are all dated Jan. 2, 1902. Interest w ill be pay­
able semi-annually at the office of the City Treasurer. A ll
bids must be subject to the right of the city to withhold $100,000 of the bonds until needed, and then to deliver the same
in blocks of $25,000, as required for the purposes intended. A
certified check for H of toe face value of the bonds bid for,
payable to the Mayor, w ill be required with bids.
Petersburg', Pike County. l»»d . — B on d Sale.— On January 7
$5,000 4:% bonds were awarded to J. F. W ild & Co., Indian­
apolis, at 100*15. A bid of par lees $100 com miss on was
made by P. S. Briggs & Co , Cincinnati. These bonds are m
denomination of $500. and w ill mature one bond yearly on
Feb. 1 from 1903 to 1912, inclusive.

Philadelphia,

F a . —B o n d

E le c tio n

A u th o riz e d ,— Th e

City Councils on January 2 passed an ordinance to submit
the question of issuing $5,000,000 bonds to a vote of the peo
pie at the February election. The bill provides for the fo l­
lowing disposition of the mocey to be raised by this loan :
New school sites and bulld’s..$l,200,000
New sewers
......... .
.. I,0u0,u00
Mains for distribution of fil­
tered water................... 1,300,000
Finishing fire-pipe line....... 3.0,000
T o ta l............ ...........................

Dredging rivers............... ... $4C0,00

Grading streets........... ..
Paving street intersections..
Macadamizing country roads.

80u,u00
200,000
30J,000

........................................$5,000,000

The Mayor has signed the above ordinance.
Ponce, Porto Rico.— B on d O ffe rin g .—Proposals w ill be
received until 4 p . m ., January 31 (sale postponed from Dec.
30, 1901), by E. Chevalier, Mayor, for the $200,000 6# 10-20year (optional) gold bonds issued for various improvements
and fully described, with terms of the sale, in the C h r o n i c l e
of Dec. 21, 1901, on page 1327.
Pond Creek, Okla .— B o n d E le c tio n .— A n election w ill be
held February 11 to vote on the question of issuing $25,000
water-works bonds. W . H. M cKinley is Mayor of the city.

N E W LO A N S .

113

Portlan d, Ore — Bids R ejected — B ond O ffe rin g . —A ll bida
received Deo 30, 1901, for $50,000
10-year gold atreet and
sewer-improvement bonds were r jected.
Proposals are
again asked for, this time until 2 P. M , January 18. and may
be addressed to Thomas C Devlin, City Auditor. 8-curlties
are in denomination of $550. Interest will be payable semi­
annually at the office of the City Trer surer. A certi tied check
for b% of the amount of bid, drawn without conditions on a
Portland bank and made payable to the Mayor, must accom­
pany proposals.
Portsmouth, Ohio.— B ond O ffe rin g . — Proposals will be re
ceived until 12 m ., Jan. 28, by Frank L. Sikes, City Clerk, for
$13,000 4* coupon Levee and Embankment bonds Securities
are issued under the authority of Section 2835. Revised Stat­
utes of Ohio. Th^y are in denomination of
dated Feb.
), 1902. Interest w ill be payable semi annually at the Fourth
National Bank. New York City.
Principal will mature
$1,0)0 yearly on Feb. 1 from i903 to 1915, inclusive. A c ­
crued interest is to be paid by purchaser. A certified check
for 5% of the amount of bonds bid for payable to the city of
Portsmouth, must accompany proposals.
Providence, K. I . —Bonds A u th o riz e d .—The City Counoii
has passed an ordinance providing for the issuance o f $150,000 8$ highway bonds.
Providence (P . 0. Labe Providence), La .— D e s c rip tio n
o f Bonds. —The $20,000 5% water and light bonds mentioned
in the C h r o n i c l e Dec. 14, 1901, under the caption of Lake
Providence, w ill be issued in denomination of $500, dated
Jan. 1, 1902. Interest w ill be payable semi annually in gold
at the Hanover National Bank, N ew York City. Principal
w ill mature in forty years, subject to call after twenty
years.

Rensselaerville (Town), Albany County, N. Y — B ond s
A u th o riz e d .— T h e Board of Supervisors ba3 authorized this
town to issue $4,000
bridge bonds. Securities w ill be in
denomination of $500, dated Dec. 2, 1901. Interest w ill be
payable annually at the office of the Town Supervisor. P rin ­
cipal w ill mature one bond yearlv on February 1 from 1904
to 1911, inclusive. A . S. Coon is Town Supervisor.
Ridgefield, Conn.—B o n d O fferin g . —Proposals w ill be re­
ceived until 12 M , January 18, by W illiam H. Bf ers, Borough

N E W LO A N S .

NEW

^ 5 5 0 ,0 0 0 .

County of Dutchess, N. Y, TOWN OF WARWICK,R.I.,
$175,000

BONDS.

COURT HOUSE AND JA IL BONDS.

Borough of Ridgefield, Oonn,,

PROPOSALS FOR

$65,000
COUNTY HOUSE BONDS.
Sealed proposals will be received by the Chairman
of the Board of Supervisors on or before the 29TH
DAY OF JANUARY, 1902, at one o’clock P.M., at
which time the bids will be opened at the Court
House in Poughkeepsie, N. Y., for the purchase of
$240,000 of the bonds of said County, to be issued in
any denomination desired by the bidder, and to bear
interest irom January 2, 1902, at 3)4% per annum,
payable semi-annually, the principa1to come due as
follows : Of the Court House and Jail Bonds in an­
nual instalments of $6,000 each year for twentv-nine
years, and $l,OoO in thirty Years; the County House
Bonds in annual Instalments of $2,500 each year for
twenty-six years. The purchase price to be paid and
the bonds delivered on the 18th day of February,
1902, at the B*nkiDg House of the Poughkeepsie
Trust Company, Poughkeepsie, N. Y., at 1 o'clock
P. M. on that day.
8uch bonds are to be registered with the County
Clerk of the County of Dutcbess.
Each proposal must be accompanied by a deposit
of
of the bid either in cash or certified check, to
the order of James H. Kipp, Chairman, for which his
receipt will be given.
Purchasers will be required to pay in addition to
the amount of the bid accrued interest from Janu­
ary 2 , 1902, to da1 of payment.
e
I he right is reserved to reject any or all bids and
no conditional bid will be received.
Proposals should be addressed to James H. Kipp,
Chairman. Poughkeep-ie, N. V , care of C. W. H.
Arnold, Counsel of Building Committee,and marked
‘ Proposals for Bonds.”
If further information is desired address Com­
mittee s Counsel.
Dated, January 7,1902.
JAMES H. KIPP.
'REGINALD W. RIVES,
J. W. DeLAMATJCK.
MILES K. LEWIS,
K. L. W INAN8,

Committee Court House and Jail.
JAMES H. KIPP.
STEPHEN ROBINSON,
H FREMONT VAN D J WATER,
h
GEORGE A KINNEY",
FRANK FOWLER,
Committee on County House.
C W. H. ARNOLD, Counsel,
.
Poughkeepsie, N. V.

N O T I C E T O B O N D HO LD ER S.

FERGUS CO., MONT.
Notice is hereby given that the County Treasurer
Fergus County, State of Montana, will, within
thirty days of this date, redeem all outstanding
bonds of said county of the issue of 1892. Interest
on said bonds will cease at the expiration of said
jenoe.
Dated this 18th day of December, 1901.
By order of the Board of County Commissioners,
C M KELLY
County Clerk of Fergus Co., State of Montana.

$ 4 0 0 ,0 0 0
Three and One-Half Per Cent 30-Year
Gold Bonds.
Sealed proposals for Town of Warwick Bonds
addressed to J. B. Allen, Town Treasurer, in care
of Rhode Island Hospital Trust Company, Provi­
dence, R. I., will be received at the office of the said
Trust Company, until 1 o’clock M., WEDNESDAY,
2
JANUARY 15, 1902, for the whole or any part of
the said bonds.
The bonds will be in coupon form of $1,000 each,
dated January 1, 1902, and become due January 1
,
1932. Interest will be paid semi-annually on the
first days of July and January in each year, at the
office of the Rhode Island Hospital Trust Company,
Providence, R. I. Both principal and interest
payable in gold coin of the United States of the
present standard ol weight and.fineness.
The above loan will be Issued in accordance with
a resolution of the Town of Warwick passed at a
meeting held September 3,1901, and an Act of the
General Assembly passed on the 20th day of Novem­
ber, 1901.
These bonds are secured by sinking funds, as pro­
vided by Act of the GenerallAssembly.
i he right la reserved to reject any and all bids.
The valuation of the taxable property of the town
in 1 0 was $15 840,170.
91
Total indebtedness, November 1901, $366,500.
Bonds must be taken and paid for within five (5)
days after notice of acceptance of bid.
Further information may be obtained from the
undersigned.
JOHN B. ALLEN,
Centreviiie. R. T
.,
HENRY L. GREENE,
Riverpoint. R. I.,
CHARLES H. PERKINS.
Providence R. 1.,
ROBERT B TREAT,
.
Centreviiie, R. 1
.,
ALBERT G. SPRAGUE,
Riverpoint, R. I.,
Committee,

$ 7 5 ,0 0 0

G O L D BONDS.
Sealed proposals will be received by the Treasurer
of the Borough of Ridgefield, Conn., at his office in
said Borough until SATURDAY, JANUARY 18,
1902, at 12 o’clock, noon, for the purchase of fifty
thousand dollars of the bonds of said borough to be
issued for the purpose of defraying the cost of a
general system of sewerage for said borough.
The bonds to be issued will be fifty in number, for
one thousand dollars each, dated as of January 1
,
1902, payable in thirty years, with an option to re­
deem at par after twenty years; will bear interest
at the rate of 3 4 per cent per annum, payable semi­
^
annually, January and July; will have coupons at­
tached for each half-year’s interest, payable at the
Merchants’ Exchange National Bank, New York
City. The purchase price to be paid and the bonds
delivered within thirty days from January 17, 1902,
at said Merchants’ Exchange National Bank.
Each proposal must be accompanied by a certified
check to the Treasurer of the Borough of Ridge­
field for five per cent of the face value of the bonds
bid for, which will be returned to the unsuccessful
bidder immediately after the award is made, hut in
case of the successful bidder will be retained and
applied on account of the pu?chase price of the
bonds, or as a guaranty for the performance of the
bid.
Bids must provide for the payment of accrued in­
terest from date of bonds to date of delivery. No
bid will be received at less than par and accrued in­
terest. The Borough reserves the right to sell under
any bid made but $40,000 of said bonds, and also to
reject any and all bids made.
Proposals should be addressed to “ William H.
Beers, Treasurer, Ridgefield, Conn.,” and marked
“ Proposals for Borough Bonds.”
By order of the Warden and Burgesses.
WM. H. BEERS, Treasurer.

M U NICIPAL
AND

Public Service Corporation
BONDS.
E. H. R O L L IN S & S O N S

City of Montgomery, Ala.,
4 0 - Y E A R BONDS.

LOANS

BOSTON.
D enver.

San Francisco.

Sealed bids will be received by the City Treasurer
until V Z o’clock noun, J a m in ry 20. 1902, lor
the purchsHo of seventy five thousand hollars City
of Montgomery, Ala.. 40-year.
bonds, author­
ized by Act of Legislature 1901; denomination of
B A N K E R S ,
$1,000 each. Interest to be paid sem1-annualIy, Jan­
uary and July, at the American Exchange National
Bank, New York. All bids to bo accompanied by a
certified check for one thousand dollars. Coupons
receivable for taxes and licenses. The City reserves
15 W a l l Htreel, N o w Y o rk .
the right to reject any ami all bids.
R . S. WILLIAMS,
STATE, CITY & RAILROAD BONDS.
City Treasurer.

Blodget, Merritt & Co.,

16 Congress Street, Boston.

THE CHRONICLE

114

Treasurer, foi $',0,000 'i%% gold sewer bonds. Securities are
in denomination of $1,000, dated Jan. 1, 1002. Interest will
be payable semi annually at the Merchants’ Exchange National Bank, New York City. Principal w ill mature Jan. 1,
1982, subject to call after Jan. 1, 1922 A certified check for
5# of the par value of the bonds bid for, payable to the Bor­
ough Treasurer, must accompany proposals. The successful
bidder will be required to pay accrued interest.
The official notice o f this bond offering w ill be fo u n d among
the advertisements elsewhere in this Departm ent.
Koanoke, Ya. -B on d Election ,—An election will be held

February 20 to vote on the question of issuing $25,000 park
and cemetery bonds.
liocliestcr, N, Y .— Tem porary L o a n .— This city last month
borrowed $120,000 from the Broadway Savings Institution of
New York City at 4# interest and $441,000 from Dunscomb
& Jennison, New York, at 420#.
Tem porary Loan . —This city on Dec. 81, 1901, negotiated a
loan of $261,000, one half with Lunt & Robbins of Rochester
and one-half with tbe Rochester Savings Bank at 390$. Fol­
lowing bids were received:
nunt & Robbins. Rochester........ 8 0 S I Blake Bros. & Co.. New York....... 4 00*
'9 «<
Rochester Sav B’ k, Rochester.. ,8-90* Broadway Sav. Inst., New York. ATOjf
Genesee Valley Bank, Geneaeo.. A ’00% I Dunscomb & Jennison, N. Y ,,.,. ,4*15%

Island, 111.— Bond Sale .—This city has sold to local
investors $25,000 5$ refunding water bonds. Securities are
in denomination of $1,000, dated Feb. 1, 1902. Interest w ill
be payable semi-annually at the office of the City Clerk.
Principal w ill mature Ftb, 1, 1922.
Rutland, Y t .— Loan A u thorized .—The aldermen have
authorized the Mayor to issue temporary loan warrants
amounting to $10,000 at not exceeding 6 per annum and to
%
mature not later than Oct. 20, 1902.
Sandstone, P in e County, Minn.— Bond O ffe rin g — Propo­
sals w ill be received until 8 p m ., January 22, by Geo. MoNeil, Village Recorder, for $11,000 5$ 20-year refunding
bonds. Securities are in denomination of $1,000, dated Feb.
1, 1902. Interest will be payable annually.
Salem, Ohio,—Ronds A u th o rized ,—The City Council has
authorized the following bonds :
R ock

NEW LOANS.
BOND CALL.

City

$50,0 00

W IL D )

& C O ., B a n k e r s ,

Indianapolis.
W E O W N AND O FFER

$465,000
A M E R IC A N H O M E

TELEPHONE CO.

N. Y . Office, 1442 B r o a d -E x c h a n g e

Bldg.

BOSTON.

Beal
e x c lu siv e ly In M u n ic ip a l,
R a ilr o a d a n d otHer b o n d * a d a p te d
fo r tru st fmmds a n d sa v in g *.
IS S U E

OR CREDIT
OF T H E WORLD.

TRAVELERS’ LETTERS

A V A IL A B L E

IN

A L L PAR TS

Quotations furnished for purchase, sale or exchange.
SEND FOR LIS T

January Investments.
M U N IC IP A L , R A IL R O A D AN D CORPORATION
BONDS.

FARSON, LEACH & CO,,
CHICAGO.
NEW YOEK,

MASON, LEW IS & CO.
BANKERS,
CH ICAG O ,
Nsnadneok Building,

BOSTON,
60 Devonshire Sf,

M U N IC IP A L

BONDS*

Ra il r o a d
C O R P O R A T IO N

Choice Issues,
New Orleans, L e „ 4s.
Town of Covert, N. Y ., 316s.
Allenhnrst, N. J., 43^8.
Perth Amboy, N. J „ 4s.
Southern Fines, N. C., 6s.
Y o rb (Pa.) County Traction Co„ gold 5a.

EDW. C. JON ES & C O .,
N EW YO R K ,
P H IL A D E L P H IA ,

824,000
(Total issue 875,000)
C A P IT A L STOCK OF T H E

Hampshire & Worcester
Street Railway Co.
Approved by the Mass. RR. Commissioners.

BARNARD & GILBERT,

C. D. KNAPP, JR., & CO., E.

S tr e e t

R a ilw a y

7 E X C H A N G E P E A C E , BOSTON.

a n d H as C o m p a n ie s

G IST ON A P P L IC A T IO N .

MacDonald, McCoy & Go.,
MUNICIPAL

AND CORPORATION

BONDS.

1 N ASSAU STR E E T
- 112 SO. FO U R TH STR E E T

WJS OFFER , TO Y IE L D 0%,

Call or write for price and full information.

BANKERS and

BANKERS,
31 N A SSA U ST., N E W Y O R K .
CHICAGO.

C H IC A G O .

Collateral Trust Gold Bonds.

D e a le rs In In v e stm e n t Securities,
31 Nassau Street,
153 L a Salle Street,
N E W Y O R K C IT Y .
C H ICAG O .

W h eelin g, W. Y a.—Bonds Defeated.— The proposition to
issue $412,400 refunding bonds was defeated at the election
held Dec. 28, 1901.
Youngstown, Ohio.— Bond Offering.— Proposals w ill be re­
ceived until 2 p, m ., January 27, by W m . I. Davies, C ity
Clerk, fo r $1,400 5# Pearl Street grading bonds, m aturing
$280 yearly on October 1 from 1903 to 1907, inclusive. In ­
terest w ill be payable semi-annually at the office o f the C ity
Treasurer. Purchasers must be prepared to take the bonds
not later than Feb. 3, 1902, the date o f the bonds, the
money to be delivered at one o f the city banks or at the office
o f the C ity Treasurer. A certified check for 2% o f the amount
o f bonds bid fo r must accompany proposals.

238*240 La Saiie Street,

4* Conrt House Rebuilding Bonds.

F.

Seasongood A Mayer, Cin..... *87.081 62 I P. S. Briggs & Oo„ Cincinnati.*$7,000 W
it, Kieybolte & Co., C lncln....*7,086 00 I New 1st Nut. Bank,Columbus. 7.000 0 »
8
-----I W It. Todd & Co. Cincinnati. 6,860 00
* And interest.
For description o f bonds see C hronicle Dec, 14, p. 1279.

INVESTMENT SECURITIES,

M eL E A N C O U N T Y , IL L IN O IS ,

J.

Securities w ill all be dated Feb. 1, 1902, and the interest
w ill be payable annually.
Seym our (T e x .) School D is tric t.—Bonds Approved — The
Attorney-General has approved the $20,000
school bonds
described in the Chronicle N ov. 23.
Sibley (I o w a ) School D is t r ic t ,—B o n d s V o ted , — This dis­
trict has voted to issue the $10,500 school building bonds
mentioned in the C hronicle Dae. 14, 1901. The vote stood
118 for to 1 against.
Sioux County, Io w a .— Bonds Voted,— This county on Dec.
18, 1901, voted in favor of issuing $60,000 court house bonds.
Toledo, Ohio.— B o n d s A u t h o r i z e d , — The Common Council
has authorized the issuance of $7,992 69 H South Street No.
4 improvement bonds, to be dated Jan. 3. 1902; also $6,157 85
Fern wood A venue bonds, to he dated Jan. 18, 1902.
W ayn esville, Ohio.— Bond Sale.— On January 6 the $7,000
25 year w ater and electric-light bonds, dated Dec. 2, 1901,
were awarded to Seasongood & M ayer, Cincinnati, at 1O1T60and interest, F o llow in g are the bids ;

INVESTMENTS.
Qeo. D. Cook Company, H. W . H A R R IS & CO,*

■

Dated November 1,1901. Denomination, $1,000 each.
$7,000 due November 1, 1904.
26.000 due November 1,1905.
17.000 due November 1,1906.
Price yielding 8J4 per cent.
Assessed valuation..........
$19,309,778
Actual valuation
................................ 99,648,890
Indebtedness, including this issue......... .
328,000
Population, Census 1900, 87,843.
City of Bloomington is the county seat.
The entire bonded debt o f this county was ereated
to rebuild the Conrt House destroyed by fire about
two yeaTS since. McLean County is not only the
largest in the State, 1,166 square miles, but is one
Of the most fertile and wealthy.
Legality of issue approved by Storey, Thorndike &
Palmer, Boston, Mass.

$14,000 6* 1-10-year (serial) Hast Sixth Street Improvement bonds, in denom­
ination o f $1,400.
8.000 5 f i-io-year (serial) Penn Street improvement bonds o f $800 each.
b,000 5* 1-lo-year (serial) Columbia Street improvement bonds, in denom­
ination of *800.
5.000 6* 1 u.-year (serial) South Lundy 8treet improvement bonds, In de­
nomination of tfcO .
O
1,500 5* l 10-year (serial) Chestnut Street improvement bonds, in denomina­
tion o f $160.

INVESTMENTS.

of Minneapolis, Minn.

TO W H O M IT M A Y CONCERN:
Notice is hereby given that pursuant to resolution
duly adopted by the City Council of the City o f Min­
neapolis, on the 13th day o f December, A. D, 1901,
the said City o f Minneapolis will, on the first d a y
ofA p ril, A. D. 1902, exercise Its right and op­
tion to pay, and will pay, all those certain outstand­
ing bonds of the City of Minneapolis, issued and
sold pursuant to a resolution adopted by the City
Council on February 16, 1882, approved February 20,
1882, to tbe amount of $866,000, numbered consecu­
tively from 604 to 969, both Nos. inclusive, bear­
ing d a t e A p r il 1, 1 8 8 2 . in denominations o f $1,000
each, bearing interest at 4*4 per cent per annum, and
payable at the option o f tbe City of Minneapolis at
any time niter 20 years and not looker than
30 years from the date ot their issue, which
said bonds are hereby called in, and the holders
thereof are hereby notified and required to present
the said bonds for payment to the United States
Mortgage & Trust Co., 59 Cedar Street, in the City of
New York, N. Y., on the said 1st day o f April, A. X
>.
1902, at which tim e said bonds and each thereof will
cease to bear interest.
JOSHUA ROGERS,
City Comptroller.

[ V o l , LXXIV,

17 1 L a Salle Street, Chicago.

F. R . F U L T O N & C O .,
M

171

u n ic ip a l

LA

SALLE

B

o n d s

,

STREET,

C HICAG O .
W e own and offer

$150,000
M U N I C I P A L BONDS.
SO C O RR O COUNT Y, N. M.f
C. S t a n w o o d & Co.,
Funding 5s, dne 20-30 years,
BANKERS,

Descriptive Circular Upon Application,

121 Devonshire Street*.
BOSTON.

First National Bank lluUdL'si. Clilcase.

T R O W B R ID G E

&

N1YER

0 0 ..