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HUNT’S

MERCHANTS’

MAGAZINE,

R 'P R E S E N T I N G T H E I N D U S T R I A L A N D C O M M E R C I A L I N T E R E S T S O F T H E U N I T E D

STATES,

E ntered %coordiag to A ct o f Congress, in the year 1896, by t i e Wil l ia m B . D ana Oo m pa m t , ia the office o f tb s Librarian o f Congress ]
V O L .

S A T U R D A Y ,

62.

% hz

J A N U A R Y

Cleartnsw at—

L ondon A g en ts:
Massre, E d w a r d s A Bsura. 1 Drapers’ Gardens. E, 0 ., w ill take sub
sortptlons and advertisem ents, and supply single cop ies o f the paper
a ; Is. each.
W 1 L L I 1 M »«. M S A C O M P A N Y ) P u b l i s h e r s ,
P in e S tre e t, C o r n e r o f P e a r l S tre e t,
P ost O r r t c s B o x 9 5 8 .
SKVie v o i c K .

SOUSE

RETURNS,

T h e fo l l o w i n g t a b le , m a d e u p b y t e le g r a p h , e t c ., in d ic a t e s
t h a t t h e t o t a l b a n k c le a r in g s o f a ll th e c le a r in g h o u s e s o f th o
U n ited S ta te s f o r t h e w e e k e n d in g t o -d a y , J a n u a r y 25, h ave
b e e n 193«,T W ,3 )3 , a g a in s t il,b52,8SM ,3 A to st w e e k a n d i t
901,4*6 th e c o r r e s p o n d in g w e e k o f la st y e a r .
CLXABIXGS.
B&wrm b» lekwaph.
New Vork........ ................. .
B oem o......................... .........
FfcilMolpMa...........................
BAiUmore ..............................
Chicago..................................»« . L ou ie...............................
New 0?ie«ujj. ........... ...........

IV«A Cn-tlnj X i--, (•» 515.
1890,

189S,
« .m 0 3 M 8 7
60,393,393
S* .915.868
10,208,189
70,317,101
20,853,836
9,700,120

1 8 9 6 .

N O .

1 ,5 9 6 .

Week ending Janmru 16.

CDhcouicle.

T e rm s o f S u b s c r ip t io n — P a y a b le l a A d v a n c e :
f o r One Y ear................... ..................................... ....................* 1 0 00
F or S ir M o n tis............ ...................... ............................... ..
6 00
European Subscription (iaeinding p osta g e;.............. .
12 00
European Sabeertptlon Six Monthe (including postage).
7 00
Aanua! Subscription in L on d on (iBOludiBg p osta g e)— n 2 10#.
----- X llO e .
Six Mob,
d o.
do.
do.
The DcveSTOR*' .So p p l e h e s t will be furnished without extra, charge
to every annual su bscriber o f the Co m m i k u a i . jusa E a t a s s m ,
C'HKO.flCi.g.
The State a s k O rrr S o w u s k b s t will also be fa m ish ed without
extra charge to every subscriber o f the C bro xtclx .
The S treet RAitwAT S oppi. e m k st will likew ise ta> fa m ish ed with­
out extra charge to every subscriber o f the C n a ostou s.
The qnotAlTOS 80 W J2 M **# , iasttsd m onthly, w ill also b « fa m ish ed
without extra charge lo every subscriber o f the C tm oxiC W ,
File cov ers are sold at 5 0 cents e a c h ; postage « n the sam e Is 18
oents. File cover for supplement# can ins had at office for 65 cents or
m ailed fo r 80 cent*.
T e r m s o f A d v e r t i s i n g — ( P e r I n c h a p a c e ).
O n e t im e ............................... S3 50 ; Three Month* (13 times) .$25 00
One M onth
iA tim es).. 1 1 0 0 i Sir M onth,
(26
“
>.. A3 00
T w o Months
(8 “ t . 18 CO ! T w elve M onths (5 2 " >.. 58 00
(The ab ove te r n s fo r One m onth and upward are fo r standing cards.)

C L E A R IN G

2 5 ,

Per ('ml
f 6*7
- m
-r 0*7
■f 10'0
- 07
-f 20
— 2*5

Now Tork..........
Philadelphia. ...
Pitlibarg...........
Baltimore,.,,,—.
Buffalo.........
Washington,,?..
Rochester,..,....
taeum............
UnUngtcut......
Binghamton........
Total Middle.,.,
Boston..................
Provides**,..........
Hartford.... . . . . . .
Now Haven..,.....
-:,rSn«si-M .........
Worcester............
Port land..............
fall Hirer............
Lowed.................
Son Bedford.......
Total New Kn«,.
3

» « " —

Delimit............... *
Cleveland-,
r’Dlumba*--. tndi»fiiM>oUi ..... .
Peoria...... .......
Grand R apids....
isexiugityxin
iiiaw*.. ........
Bay City...........A kron...... *•*•?•••’
Springfield, Ohio...
Canton....
Roektord...,..... ..
KalftmiiiOO........
Toledo*....
Dayton*.-,.. . . . . . .
Tot. Mid. Weai’n
Nan Franciioo.....
Portland.........
Halt Lake City.**.
•*>» > : s f t i e . ..
Tacorn*
Lo* Aag^ie*........
Helena.......... .....
Spokane..,........
Sioux Fail*-.......
Fars:«.................
Total Pacific....

1890.

590,fJ*4,9*4
ti©.840,917
15,248.607
iJMXib
a.udrt.iu:
u m .m
8iT„7l2
im jm
8921,100

i, no, 120
1,713.5 83
74”,0
71-.I]
aes.ri'N
619,133,007

I K
U 04/S3
L40I.77V
1.839,06c
875.108
<1*4.3*
5-3.1L51
105.1*5*278
87.SP2 071;
u ,tm :p <
8,0*0,*6*!
m n ,iv s ;
«,*»7S 'Ht,
8.5lo,0 «i2 :*£*.&&>
iv»
m

18fi.

1895.

513,8-71,0®
60,499,* 6*
R W W

4 0 7 ,5 0 5 /0 .

4 *2 1 '-t

1 3 .0 7 9 ,1 ’ 2
13 8 1 1 ,8 9 -

16 6(34 5 4 8
1 5 ,971.24-2

1 ,5 2 9 .9 4

2 .1 3 2 2 6 7
1 ,6 4 * 1 /9 3
1 .0 7 3 .2 3 4
1 .0 5 1 ,1 2 1

a 4*3

41*4 I

+i f j

4,1p0,0O

m
•: -« -h -0
-113-6 S e& m M t
< Q.
‘
«) IS50-6
SSU.DO

IDt.SW^W

-Hra

06.537,7)8

87,836,06*
H.Wrt.UWt

4,094.4 t‘C>

6&9 *e«
5.41L08S
B 215.fi*Ji
1.3. T.018
i,oia.o,!7
1,057.048
m i* a

L 2 7 ,< m M l

93.00?
20/ AC*I
^ W rn m l ‘
U/ffiLSWl
0 7.-4 01f*
4,499,170
iJ9i.UA>
8.319.70
i,O>S,©0<
0O8 Mi
I,n7A tm
42A.09S
414-600
40I.7J* ;
67/40
W,S4«‘|

m .-ildA
1 .0 1 6 ,7 4 0 8 9

113 V 2.7m
6,98*1,700

13,029,00*
L* 4-5,011
l3*>M7b
4 lo.«> 0
501,135

«

0 0 6 7 .1 8 0
3 383 800

1,101209
1 T& 8* 5
1 ,0 7 9 .0 8 3
6(51 5 1 9

4 -1 4

*
2 0 0 ,0 0 0
1 7 0 ,0 0 0

1 9 2 ,0 8 5

315,118
1 2 5 ,1 .2 ,0 3 7

4
41

1 5 7 ,0 2 8 ,8 2 9
1 6 ,1 8 3 /2 5

4*1
4*8

I X

±i

3 ,0 9 0 ,1 6 8

301.702

44

1 8 ta M ,6 ig |

4*

so. m
182,512

131,65(1210
109.03V'89
id <m m
0 l b' ,252
7 m -u z

fin

X

i 7<0 2:*6

2 ,6 0 6 9 4 6
1 ,7 2 7 ,7 0 1
1 ,6 5 3 ,7 9 7
1.604 6 9 1
1 ,5 7 0 8 0 0
859,2(51

281/SO
I65,86i
KU/feO
147,08

59
1,191, (m !
1/42.422*1
ini.S si
499,) DO)

1803

4 -15*0

1 .1 U .7 6 3

«
1.01L217

-ac
4-3

1 1 3 ,8 2 7

10.057,034

i 6 ,452 395

lO,2iJ0,88l
Ktkmm City........
4.07O3«*
Mitmoapoil*........
4.751.3*2
&
Omaha#..#.. . . .. ....
3,165,301
5 ,6 0 1 .2 0 5
Patti.,.,........
5 8 1 8 ,4 4 0
2,763.341
D en ver......... ....
2 ,2 5 0 ,0 0
2 ,7 8 2 ,0 1 2
??, Joseph..........
1 ,4 4 1 ,4 1 3
-Sioux C ity ,.,.......
1,053.088
1 ,2 8 4 .8 9 7
Des Molne*,. .... ...
526 257
7 0 9 .7 P 2
Lincoln.........
544,782
5 4 3 ,8 7 1
lYiciiliii....... .
f5t.08i
P (6 705
4- 4-1 Tope**...........
Seven ciiiee, S 4 * y * ___ _
#680,550,115
*034.616,838
87,97
9 3 .9 0 1
Other oitiee. 5 day*................
124,023,498
4* 8*3 Fremont,.*.......
186,02*JS8S
67.0CO
7 5 /0 0
H alting*....,.........
(- 4-8 Davenport**.., ....
Total all
S dav«___
S!05..17*,*77
*759.1.^*450
35,5.«.0;t8j »1,853.7*>8 f W *
83,421.773 I t ) 3 4 8 .4 1 7
Tot.
other
Wmt
181.782,030
+ 52
(All ciUeo. S 4 * y .....................
170.178,728
24,871,097
20,77
27,833.490
LoniS............
+ i-« NL
Tottl aUeitlox for week..
*005.748,205
W 'io.aoi,*7«
11.(9-8.367
11 490,10“
12,482,184
New C»rieftOS.......
7,4*21/24
6,;537/,7h
8.397,870
Louisville,,..... ....
SJ,$n/80
T h e fu ll d e ta ils o f c le a r in g s f o r t h e w e e k c o v e r e d b y th e Gntemim.r.n ......
3,174,6143/17,107
K
3.&92.3I0
2.7-$.905
3 ,1 2 3 .2 5 2
a b o v e s ta te m e n t w ill b e g i v e n n e x t S a t u r d a y ,
\V e c a n n o t , o f Ilooston............
2 ID2.3*82
1.980 m
1,914,580!
! « !
Richmond..., .. ..
2 217,310
c o u r s e , fu r n is h th e m t o -t i» y , b a n k c le a r in g s w i n g m a d e u p by '•hVjRiliab.... ......
1 ,5 8 4 (5 0 2
2.2 41142
1/28,072
2,210,533
t h e v a r io u s c le a r in g h o u s e s a t n o o n o n S a t u r d a y , a n d h e n c e in MerapMi ..... . . . . . .
1/10,718
1.593 41/
L 1 W&S
A t l a n t a . . ....
L05S,8IW| %msm»
th e a b o v e t h e la st t w e n t y - f o u r h o u rs o f th e w e e k h a v e t o b e •.Nashville........
1,113,357
t.SCO/20
Dallas................. .
In a ll e a se s e s t im a te d , a s w e g o t o p ress F r id a y n ig h t.
1,077/70
1 ,051,817
1,194,184
Norfolk..............
O u r u su al d e ta ile d fig u r e s fo r th e p r e v io u s w e e k , c o v e r in g W aco,.............
t o
800,00*4
th e retu rn # f o r th e p e r io d e n d in g w it h S a t u r d a y n o o n , J a n u ­ Fort Worth...........
885 924
4*28,348
Birmingham,.
437, Hi
—JfO
m "
a r y 18, a re g iv e n b e lo w , a n d w e a ls o p re s e n t th e resu lts f o r the Jn-ckstonvinf?..., ...
205,423
4-33
c o r r e s p o n d in g w e e k in 1895. 1891 a n d 1898. In c o m p a r is o n Chattanooga........
ts
&&&
w it h th e p r e c e d in g w e e k th e r e is a lo w in t h e a g g r e g a te t t T O i S U :::::.: :
445 0
e x c h a n g e s o f a b o u t t h ir ty -th r e e a n d a (p in n e r m illio n d o lla re, Knoxville*..........
7 1 ,1 3 2 ,5 6 7
0 2 .9 0 5 /
66,699.780
Total Southern,
b u t a t N e w Y o r k a lo n e th e loaa i ■ n e a rly tw e n ty -th r e e
I , -1 50,315,023
Total a ll.......... 1,059.391.506 908/15,952
m illio n s .
C o n tr a s te d w it h t h e w e e k o f 1893 t h e to ta l
461,484,880
l3 0 O 4 a O 7
5 5 9 ,8 3 5 ,9 4 0
f o r th e w h o le c o u n t r y sh o w # an in cre a se o f 9 ’ 1 p e r c e n t.
Outside N. York
C o m p a r e d w it h th e w e e k o f 1891 th e c u r r e n t r e tu rn s r e ­ Mom real.............
W M im
1 2 9 7 4 ,0 1 0
0 ,9 3 2 .6 8 «
10.0
0 ,9 9 1 ,5 0 7
5,4 2 3 .3 8
6.052,83^
c o r d an e x c e s s o f 17 2 p e r c e n t a n d th e loss I r o n 1883 is Toronto..............
1 ,1 4 3 ,0 4 6
93-1,210
1,190,8.22
1,080,001
ilailfax.
27 p e r c e n t . O u tsid e o f N ew Y o r k the g a in o v e r 1895 is 3 1 wtanipeir.........
4-14-7
962.067
1,13%995
767,718
4*14-7
6 5 0 .0 8 9
737,800
lW F
p e r c e n t . T h e e x c e s s o v e r 1894 r e a c h e s 7 -4 p e r c e n t , b u t Hamilton..,
2 1 /0 L 3 1 0
" i T ^ T f l a ~2t876881.
Total Canada.... ,1 20 088,410
m a k in g c o m p a r is o n w ith 1893 t h e loss is seen t o b e 16 3 p e r
at,
•Not Include 1 In totals.
Publication suspended for the present.
55,283,905
11003,803
*S».e05.7Tl
2I.S8U8SI
9,485.558

S » i!

4 l8 M m

THE

152

CHRONICLE.
a d im in ish in g volum e o f business.

THE

F IN A N C IA L

S IT U A T IO N .

nies

E v ery th in g ia w aiting for the opening o f the su b ­

have

T w o large c o m p a ­

fu rn ish ed their statem en ts o f earnin gs this

week fo r the m on th o f D ecem b er,

each

b ein g ty p ic a l

scriptions to the new lo a n ; when th at is done very lik ely

o f the section o f cou n try represented by it.

there will be a furth er and perhaps prolonged suspense

these is the C h icago & N o r th W estern ,

as the transaction passes through the mazes o f

P en nsylvan ia Railroad.

its su b ­

LXII.

[ Vol ,

the

O ne of

other

th e

T h e N o r th W e ste rn has been

In the m eantim e Congress does n o th ­

reporting heavy gains every m on th since the b eg in n in g o f

in g except what is further distu rb in g, business continues

th e second h alf of the late calendar year, and the m on th

sequent history.
to

contract and

pended.

A m id

substantially sus­

o f D ecem b er has proved to be no exception to the rule,

is a hopeful feelin g , but

the return show ing an increase over 1 8 9 4 in the su m o f

new enterprise is
it

all there

with each rum or the bears start the S to ck E x ch an ge

no less than $ 5 6 7 ,9 4 1 .

grows shaky.

for D ecem b er 1 8 95 to above those for D ec em b er 1 8 9 3 ,

that

the

the

Last

“ flying ’

B erm udas

Saturday

a story from

squadron

was

quite

had

been

u n settlin g ;

for a British fleet in A m erica n

L o n d on

ordered
no

to

wonder,

waters was interpreted

th ou gh still leaving th em below the ex cep tion a lly high
total o f 18 9 3 .
large

atorial speeches, a style

ex cellen t

oratory

cently in good measure subsided.

which

had

re­

Tuesday there cam e

m o v em en t o f spring

late
for

A d m ir a lty , that the flying squadron was not intended

country

as a menace to any body or any nation.

as we now

A 3 the V e n ­

assumed apparently a m u ch more pacific form this a n ­

harvests

in

bu t

is

season,

a positive statem ent by Mr. G oschen, first L o rd of the

ezuelan question had prior to the rum or o f Saturday

O f course we do n ot overlook the fa ct

th at in this case great benefits

as fu rnishing a fresh text for another lot o f violent S e n ­
of

the

it

coin cident
such

a

find

B u t on the latter day the m a r ­

ket wa3 again disturbed

by a cable ann ou n cin g

the “ Pall M all G a z s tte ” published

th a t

a statem en t to the

A s regards

the

364,

and

treaty was on the lines o f the agreem ent o f
that agreem ent T u rk ey prom ised

that

the

18 33 .

in the event o f

By
R u s­

added
th is,

of

com p an y

revenues

in expenses of

to recognize the 1833 treaty,

the

ques­

its

figures

the steel centres
O n the lines

a

h u n dred

has

in to
the

o f w ork, is
$ 3 3 5 ,0 3 6

p a tt

th e

cost

th o u ­

con tin u ed

considerable

back
w ith

increase o f $ 4 3 5 ,-

n ine

of

p ro p srtv ,

of

reflected

in

increase

an

on the E a stern lines and o f

$ 5 4 7 ,9 3 8 .

lines as the old one would

shape o f wages

the old arrangem ent.

S till, the disturbance in financial

In

o th er

one

fo rm

or

in L on don seemed to give im portance to the statem ent.

th at

fo r

the

It

to expenses

later on

the

lish foreign office had
and

same

day that the E n g ­

confirm ation o f the report,

the heavy tone o f

the L o n d on

ascribed to an u n fou n ded rum or o f
Q ueen.

A lto g e th er, in

the

m arket was then
the

absence of

event o f special im portance, W a ll Street
were disturbed

by these fo reign

the arbitrage houses seem ed

to

illness o f

the

any dom estic
transactions

rum ors, especially as
take

each occasion to

sell freely stocks having an international m arket.
A n o th er

feature o f

M onday $ 1 5 0 ,0 0 0

arrived

$ 9 1 1 ,0 7 9 g ain in

and in th e purchase
another.
fu ll

on

We

tw elve

the

o f needed su p ­

m ay

say

m on th s

the com bin ed

fu rth erm ore
the

addition

system has been nearly

6£ m illion dollars— in exact figures $ 6 ,4 0 3 ,5 1 0 .
sum represents

the

T h is

con trib u tion w h ich th is one great

corporation has made out o f its increase in revenues to
keep

business active

and labor

em p loyed .

W e need

hardly say th at should the recovery in earnings estab­
lished by the system the last year be lost in 18 96 a3 a
consequence

of

Congressional

beneficent fertilizin g

the week has been the resu m p ­

tion o f the im port of gold.

words, o f th e

plies, th us reach in g the laborer or the business m an in

affairs which the ann ou n cem en t was cabled to have made
was cabled

en­

$ 3 1 3 ,9 0 3 on the W estern lin es, togeth er an ad d ition o f
earnings for the m on th , $ 5 4 7 ,9 3 8 was paid o u t in

force than

and

an

and since it was, as a consequence, substantially aban­
any more

its
the

d o in g

don ed , we scarcely see how a new treaty along the same
have

the

earnings

$ 4 8 5 ,8 1 5 , and o n th e

The

togeth er

all nations.

other E u rop ean powers refused at

the

excep t

over

ia

of

d istricts.

over

p u ttin g

larged am ou n t

A s the

iron and

together

dollars.

sia goin g to war to close the D ardanelles to warships o f
that tim e and thereafter

the

for the m onth o f

m ak in g

practice

T u rk ey ,

all

Pennsylvania R ailroad ,

lines west o f P ittsb u rg and E rie an

form ed

and

trade

im p rov em en t

m an u factu rin g

crease in gros

sand

Russia

of

in

th at

east of P ittsb u rg and E rie tue com p an y reports an in ­

effect that an offensive and defensive alliance had been
between

equally true

would have been out

and the great

opening on T h u rsday.

a resu lt o f the

section

tion.

friendlier attitu de the dispute had taken.
affairs stood W ednesday and at the

as

th a t

revival

reveal the situation in

position

are accru in g fro m the

w heat

m arked

nouncem ent was hailed as a confirm ation o f the really
In this

T h is increase raises the earnings

n eglect or error,

stream would

also

this

again be cu t

o ff.

M oney on

call

representing bankers’

balances

has

on the Fuerst B ism arck; on Tu esd ay $ 3 1 8 ,7 6 0 Spanish

loaned this week at the S to ck E x ch a n g e at 3 and at 4|

gold cam e in

per cen t, averaging about 4 per cen t, and banks and trust

from

M exieau

ports which was turned

into the Assay office, as was also $ 9 0 ,0 0 0 which arrived

com panies quote 6 per cent as the m in im u m .

from

an easier fe elin g in the tim e loan branch o f tne m ark e t

on

H avana on the

the

port

S t. Paul

gold

same d ay; there

$ 1 ,0 0 0 ,0 0 0 .

at

is also

afloat

B u llion dealers now re

o f 1 per cent prem iu m .

T h is of

and m oney is offered with som e freed om at 6 per cent
for four to six m on th s, bu t the inquiry is ch iefly fo r

course accounts for the m ovem en t o f the m etal to this

shorter dates.

center.

engagem ents for n in ety days

Dealers say at the

above prem iu m there is a

good counter dem and, ran gin g

from $ 5 0 ,0 0 0 to $ 5 0 0 ,-

0 0 0 , from individuals and corporations who in ten d

to

bid for the new bonds.
As

already

said,

our

T h ere is

F o reig n

bankers

are

to fou r

w illin g

to m ake

m on th s at 5 per

cen t, stip u latin g, however, fo r re-paym en t in g o ld , and
some of these bankers

are

offering

loans for th e sam e

tim e, with the same stip u la tion , at 6 per cent.

T h is is

industries are gettin g in to a

the rate quoted for all dates for currency loans. T h ere
stagnant condition as the result o f the uncertainties |has been considerable re-discou n tin g of com m ercial paper
connected w ith the financial outlook.
Should this f in this m arket for E astern banks that are probably assisttin g their custom ers to prepare for paym ents for bond
subscriptions, and this papsr has bsen

very

p ro m p tly'

January 23, 18!)6.J

e m u m in u s.

the

taken at 6 per cen t, being regarded as choice, h arin g a ! day
bank

endorsem ent.

Som e

very good

fou r

m onths

1 rect,

153

was com paratively

slow.

T h is

view proved eo r-

as no en gagem en ts fo r sh ip m en t were m ade yester-

singie*nam e paper h as sold at 7 and at 8 per cen t, and ! day. G old exports on W edn esd ay were by Lazard F reres,
in a few instances 1*2 per cent has been paid for nam es

$ 9 0 0 ,0 0 0 ;

w hich in a norm al condition o f the m arket would sell

b aeh, Ick elh eim er & G o ., $ 5 0 0 ,0 0 0 , and M u ller, Sch all

at 5 to 6 per cen t.

T h ese

claim ed, in dicate the

transactions

do

n ot,

it is

character o f th e paper m arket.

T h ere is a better disposition to b a y really good
and q rotations are 6 per cant fo r sixty
bills receivable, 6 for fou r

m on th s

to

names

nin ety day

com m ission house

nam es, 0 @ 7 for prime and 7 @ 1 2 fo r good

fou r to six

L . von H o ffm a n & C o ., $ 8 0 0 ,0 0 0 ; H e id e l-

& O o ., 8 3 0 0 ,0 0 0 ;

total, $ 2 ,5 0 0 ,0 0 0 .

terday was

with

quarter

d u ll,

of a

u n ch an ged

cen t h igh er

fo r

T h e m arket yes­

rates fo r actu al business o n e for sig h t and

six ty -d a y

bills.

The

shows the daily posted rates of

cables,

but

fo llow in g table

exchange b y lead in g

drawers.

m on th s sin gle nam es.
Far..
Mon., T ubs., W ed., T httr.,
17. J a n . $0, J a n . SI. J a n .. 22. J a n . 23.

T h e B a n k o f E n g la n d m in im u m rate o f discount re­
m ain s unchanged at 2 per cen t.

The

cable reports

Jan.

T §?*
888
8“ if4 88“ fo« 88“
T T 8“ 8“ 88“ te*
To*
T
syr
T
wP* 88“

Brown Bros...... j

Baring,
(todays.
M&jzotm & Co.. <Sight ...
15 16 o f 1 per cen t.
T h e open m arket rate at Paris Bank British
j to days.
No. America.. I Sight...
is I f per cen t and at B erlin and F ra n k fo rt it is Baffle o f
{rjfutnys,
Montreal....... (Sight,,..
3 1 per eeut.
A c c o r d in g to our special cable fro m Canadian Bank $00 days,
of Commerce.. \ Sight....
L o n d o n the B an k o f E n g la n d gained £ 1 ,6 4 3 ,6 7 8 b u l ­
HeideShach. Tek- »m days
eihcitmer 4 Co. f Sight.....
lio n d a r in g the week and held at the close o f the week

O ar

correspondent

farth er

th at the gain was due to £ 7 5 2 ,0 0 0

advises ns

received

fr o m

the

o f which £ 7 3 5 ,0 0 0 were b ought
£ 1 1 6 ,0 0 0

im ported

in

trie open m arket,

from H olland and

£ 4 1 ,0 0 0

from

other countries.
T h e foreign exch an ge

m arket has been d u ll and a
easier, in the absence o f d e ­

cial

bills against cotton and

latter, but the

arbitrage

breadstuff*, chiefly

business

in

the

stocks has bad

little influence upon exchange either way.

T h e c o n d i­

tion o f the m arket is, to som e ex ten t, a bn orm al, and it
m ust so continue while
sufficiently great

to

there is a prem iu m on gold

attract

th e

T h ere is som e expectation o f

metal

from

abroad.

an

increasing

prem ium

tim e

approaches

for

pay­

m ents to be m ade for the new G overn m en t bonds.

The

upon legal tenders, as
dem and for exchange

the
has

been

confined

to

current

rem ittance and this has kep t the m arket bare o f bills.
On W edn esd ay there was an export o f # 2 ,5 0 0 ,0 0 0 gold,
made

necessary

cure

round

On

by

the in a b ility of

am ounts

M onday

of

b an k ers

exchange

for

to pro­

rem ittance.

Brow n Bros, advanced their posted rates

to 4 88$ for long and 4 90 for sh ort, and
ers then m aintained uniform figures.

all the draw­

days steG in g being quoted

at

4 8 7 | @ 4 8 8 , an advance

o f one quarter o f a cent com pared

with Friday of last

week, while

-4 8 S $ @ 4 8 9 $ ,

cable

transfers

were

one

quarter o f a cent lower.

N o change was m ade on the

fo llow in g

in

their
i 89$

day,

but

either

on

nom in al

posted
Brow n

figures

4 88

for short, and

to

while

European

Bros,
f>r

th at day, and
mail

and

also

reduced

those for short

cable

transfers

by

the

that

to
the

gold ex

m

steady

«8 *
90

VO
S3*
SO

■

on

8908*

88“
8“

&

F rid ay at 4 88 4 fo r
Rates for actual
4 8 9 @ 4 89$

4 8 ? f @ 4 88

for lo u g,

for

Prim e com ­

mercial bills were 4 8 7 $ @ 4 87 $ and docum entary 4 86 -f
@ 4 87.
W e have noted above th at tho Pennsylvania Railroad
in its

return

gross on its
W estern
system

for

D ecem ber reports $ 4 8 5 ,8 1 5 gain in

E astern

lines, and

iucreased

lines

th at

d u rin g

and

$ 4 2 5 ,2 0 4 gain on the

expenses
the

on

the c o m b in ed

m on th about $ 5 4 8 ,0 0 0 .

In the net the im provem en t is $ 1 5 0 ,7 7 9 on the E astern
lines and # 2 1 2 ,3 6 2 on
ber

of the

previous

the W estern lin es.

In D ecem ­

year the changes had been c o m ­

paratively slig h t— $ 7 8 ,4 5 4 decrease in gross and
411 decrease in net on the com bined
however a very large loss in 1893
gross.

$ 4 7 ,-

sy stem , fo llow in g

in

the

case

o f the

T h e fo llow in g gives the results for the E a ste rn

lines for a series o f years past— both for D ecem ber and
the twelve m on th s.

U xm

*A8T Of
Prrwsntraa*

Btsmnim.
m* enrols

1894.

1896.

1893.

1808.

1801.

t

$
i
*
6,639.00* 6468,789 M02.S46 5.934.92:
3.939,90! S.isOt.Wi 8,587,090 4.401.24:

#r

1890.

#
*
5,79^29 5,305,319
3,709,208
4,234,12'

J.6*8,918 1,715.155 1.530,676 1,562,700 1,596,111

Met earning*...

Jan. 1 m Bee. *1,

«,37ft.2«3 08,843,845 67.426,8 H 60.202.260
iro*® earnings..,.. 64,627, U40,8 a t * 4*0 996 015 #8,819,362 45,947,446 14.930,55ft
>D«r*e«
Net earning*...

ifi.&rt.m*

&8l6,*30 10,3/0 80S 2> ,022,1kl 21,479,290 21,221,70ft

T h e foregoing shows that on these Eastern lines th e
com pany d u rin g 1895 recovered $5,9*22,894 o f its
in gross and $1,342,3*29 of its Joss iq n et,

loss

In ad d ition

the com pany gained 1 4 ,5 9 1 ,3 1 4 in gross and $ 2 ,7 6 9 ,3 6 9
in net on the W'estern lin es, m ak in g an
for the com bined system of over 1 0 $
gross and

o f over 4

m illion

im p ro v em en t

m illion dollars in

dollars in

net— a very

noteworthy record.
A m o n g the other roads which
returns fo r D ecem b er, the

have this w eek m ade

P ittsb u rg

C incinnati C h i­

after

cago & 8 * . L ou is reports $ 1 3 5 ,0 0 8 increase in gross and

the sixty-

$ 7 4 ,5 8 5 increase in n e t ; the Pittsburg Y o u n g sto w n &

N o change was m ade by th e other

A s h ta b u h , # 7 ,7 0 9 decrease in gross, # 1 7 ,5 3 0 decrease in

O n T b u r s d ty ,

opening u rch a n g e d , Brown Bros, advanced
drawers and the tone o f the m arket

was q aoted

by reason o f some inquiry for Saturday’ s m ail.
rates for actual

and

th at there w ould be no

until Saturday.

day rate to 4 8 8 $ .

actual

lo n g

the change was due to the fact

dem and for rem ittance was satisfied
on

in

rates for actual business

were reduced to 4 8 8 J@ 4 89

ports

or

W ednesday

in lo n g sterling rem ained u n ch an ged,
4 8 9 @ 4 89$:;

m

mi

business were

T h e tone of the

m arket was irregular, rates for actual business in sixty

rates,

S*
w
0SSH
0 ss*
ssh
M

m *

88*
90
88*
90
88*
90

sixty pay 'an d 4 8 9 $ @ 4 9 0 for sig h t.

m and, towai ds the m iddle o f the week, and later becom ­
Bankers report a fair supply o f com m er­

Q-7
QV
I/I
'■
90

88*
DO

m
8 *H
m

T h e m arket closed

88*
9o

?o*

short and 4 8 9 $< §4 8 ‘J j for cable transfers.

little irregular, g row in g
ing firmer.

89*

8«*
BO
88*

Uuard Frw wu.|g£j?t?s ;
Merchant*’ Bk. i <s»»days.
of l otia la.......J Sight ..

interior o f G reat Britain and to the im p ort o f £89*2,000,

m -H

S»H

discounts o f sixty to nin ety day bank bills in L o n d o n ,

£ 4 7 ,6 9 0 .3 8 1 .

FRU
24,

Jan,

business

rem ained

firm

n e t ; the N orth ern C en tra l, $ 4 1 ,4 0 0 increase in g ross,

The

# 3 8 ,8 9 8 increase in net, an i the

unaltered, and it

was then understood that no gold would be shipped on

we furnish

Saturday, partly because th e steam er

road 8.

sailing

on

th at

Wt-stera M a ryla n d ,

$6 ,383 increase in gross, # 2 ,1 6 0 increase in net.
fo u r-y ea r

com parison fo r

a

B ;lo w

num ber

o f,
^

-----

Same of Road—
Northern Central............
Pitt*. Ctn. Chic.

1895.
*
559.181
150.780
1.378,IPO
31H.143
92.190
3.122
52.023
6.703
98.737
80.910

Net

Jt St. L . .

Net

Pitta. Youngs. & A sh .....
flan Fran.

Net

& No. I*ac........

Net

Western Maryland..........

Net

Dcctwter Boll<93.
rnmy»
1894,
9
651,218'
107.292
1,204.522
231,937
68.280
def.19.I99
50.9S2
10.459
78.110
18,791

517.78f
111.888
1.243,191
273.558
99.899
20,051
40.119
7.647
92.354
28,750

1892.
$
030.01g.
i<3.00p
3,410.570
245,046
97.778
5^.830
91,274

T h e follow in g statem eni.giv.es the week's m o v e m e n ts
o f m oney to and fro m the interior by the I f . Y . ba.olcs.

Currency..... ...................................
Oold.................................................
Total kold and legal tenders.__

T n ere probably never was-a tim e off depression when
one conld speak'O'f a sin gle influence a a d ’say th a tik , and
it alone, was in te rfe rin g wi'tu industrial- d e ve lop m en t.
T h e r e m ay, in tr u th , be but* a sin gle cau se at first, and
yet the dislocation

Set InUv^ty'Movement

7 324,000 $1,681,000 G«im$5043;dO*
29;#1K0
300,000 |S*in>
320,000
$7.fifiS,000* *1^91,000E&aln.$&-3723W(0

Result with S u b -T re a su ry operation s and gold m o v e ­

disturbance

Set Chanon
Bank Hoidin•*.

Out of
Banks.

Into
Bank*.

Jan. 24,1890.1

$1,981,00O:3lliIL$5,e73;0i!0<
punka1 interior movement, as above
8 nb-Treaa.oper. 4fc gold exp. <feImp. 20,400,000- 23.700,000 Boss. 3,S»0;000>
Total gold and legal tenders..... $28.85 :),(>©*>$25,681,000 Sain. 2,:.'S2;00«>
A m o u n t of bu llion in prin cip al E u rop ean banks.

January*24,1895.
Stiver.
©eld.

January 23,1896.
Gold. Silver. Total.
£
&
£

£
3o,368;G<|3r
133-091,000
54.277,009*
29,420,090

£
£
35,85^.007 .... -.
84,323,000 4P,3<39,VO
38,537,000 15,740,000
15,604,000 13*916,000
8,004.000 11,320,000
4,099,000 0,868,000
3,559,338 1,779,667

47,090,381
47,090,381
77,187,830 49,379,228 180,807,053
31.iVl.84® 13,470,706 44,902,850
24,489,000 12,703,000 37.177,000
8,004,000 10,010,000 18,014,000
K),U67.C<8i)
3,l89,00t 6,844.000 10,033,000
5,339,000
Nat. Belgium 2,788.000 1,339.000 4,107,000
288,376.497
38,091,007
18-*,384,340
195.016,856 93,780,928 288,796,784
93,386.000(280,103,'JOO.
Tot. orev. w’ k 192.250,621 93.837,804 285.5S8.185 187.017.005

it

A N

UNSOUND

tria l situation, well

worn

CURRENCY

to th e existin g

by

discussion it

•which nevertheless is so often

raised

u se to again devote a little tim e to
A

indus­

may be,

th at it will be of
its consideration.

letter referring to th e m atter in m in d we have kept

entire

every- u n favorable

h on estly

th e-effort to fix u p o ® the lead in g and

con fu sed in

original source

L o o ls back for iUhstyation over

the road we have keen travelin g the la st three or m ore
years,

L a rg e prodnetion o f sotts«n in A m e r ic a w ith a

decided fa ll in price' )3 one im p o rtan t fe a t s r e ; a f a ll
production o f

wheat in E u ro p e ,.-with a n enlarged visi­

ble su p p ly , is another;: still o th e r s are low -priees fo r a ll
produets, very sm a ll m a r g in *o f p r o fits in

every in d u stry , tariff, a g ita tio n *-e x p o r ts*o f’ g s ld , w ith ­
drawals o f fo reig n
o th e r failu res.
cause we

capital, and1 num erous- hank and -

W e o n ly stop> eionmerairing th em be­

have specified

e n o u g h to

e n fo r c e -w h a t . we •

h av e asserted and sa tisfy e v e r y o n e o f tlie-triuth o f the ■
sta te m e n t saade.

W e never h a v e said and' never in ­

te n d e d to say th at an u n so u n d ’ cu rren cy-w ao the only
influenoe depressing w h eat at S h e m om en t,, or th at the
low price o f w heat d id n o t its tssrn c o a trilm te tc>the
trade depression.
W h ile th ou gh we a d m it thatrn«sther A th e fo re g o in g
assertions i f m ade w o u ld be c c tr e c t, it i s - c-qually well
esta blish ed th at th ere are p rim ary causas and secondary
causes o f a-som tinued and g e n e m l trado-depnession> a n d
th a t th e low price of p r o d u c ts-san never -in such a,case
p ly a n d -d em a n d .

T h ere is an inquiry relatin g

fita llj^ our

w orks, agg ra va tin g

h e a prim ary cause.
W HEAT AND

perm eate

circu m stan ce, u n til th e mirr-iris

agrieu ltu ral

m ents.
iI vhw Ending

m ay

industrial system ) a c tin g a n i ’ re-actin g w ith e a c b new

o f the harm w ro u gh t.

Recowed by flipped by
N . r r.nkk. N. Y. Bank*.

W«Ji finding Jan. 24,1898.

Bank of

[V-oi*. LX1L

THE CHfeONICLE-

154

Sricea aoe dependent! upon

su p­

T b *b e sure*there a re -a t tim es o th er

con trib u tin g in flu en ses.

As

fo r instance: when

th ere

is a tendency tow ards atleficienoy-.m th e sutpply, e r w h e n
there- is

a te n d e n c y towards^ an

e 2 eess> com p etition

am on g sellers or c o m p e titio n a m o n g b u yers, as th e case m ay b e, m ay depress-or

ra ise prices- a k n o r m a lij ; but*

th is i s - m o re or less* a

tem p o ra ry m o v em en t or fo r c e -

near us for about two m on th s, in ten d in g to notice the

w h ich breaks dow n a fter a b rie f p e r io d through* an e n - .

su ggestion as soon

larged* produ ct a n il very lik e ly an <wer-8upplyi i f there

as we cou ld

m ak e it

convenient.

W h a t our correspondent says we give below.
th e writer intends to en force is th a t it
Tency defects bu t the price of
cause o f

the

T h e idea

is n ot the cur-

w h eat th at is the main

present depression.

In other words, we

has been
p r ic e s, or

a lack

w h ich has- le d

th ro u g h a

to- abn o rm a lly h ig h

d e c e a s e d pro d u ct if

there has

b een an excess cau sin g a b n o rm a lly low prices.
we are b ro u g h t book to t h e

p o sitio n

H ence

th at supply

and

m ay relieve trade fro m the distu rb in g effects of an u n ­

dem and con trol price, amL th a t soaasequestly a declin e

sound currency w ith ou t favorably affecting the price of

in th e value of w heat caam ot in itse lf be

w h e a t ; th at consequently we

trade

lo n g -c o n tin u e d
s e lf, and

agricu ltu ral

m u st wait

depression

“ until the
has spent it­

its pen du lu m swings the other w ay,” before

we can expect

the “ business situation to greatly im ­

p r o v e .”

&

Sc o t t & C o ., b a n k e r s
B r o k e r s ,?
W il m in g t o n , N o v . 26, 1805. >

Editors Commercial and Financial Chronicle :

D e a r S i r s :—W e are a p p re cia tiv e rea d ers o f y o u r p u b lica tion . In
y o u r a d m ira b le a rticle, “ W h y N ot Settle th e C u rren cy Q u estion N ow ?’
in la st w eek ’ s issue, y o u h o ld th a t the m ain ca u se o f the p resen t u n fa v ­
o r a b l e co n d itio n s is o u r c u rre u o y situ a tion . Y o u s t a t e : " W e o n ly
r e f e r t o them n o w to re c a ll h o w u n iv ersa l th e loss is' th a t is b e in g
ca u s e d b y o u r u n fo rtu n a te cu rre n c y s y stem , a t a tim e to o w hen in d u s­
tr ia l co n d itio n s a re so fa v o r a b le th a t w e a lm ost h a v e w ithin ou r rea ch
a te rm o f p ro s p e rity g re a te r th a n e v e r b e fo r e rea lized .” W e d o n o t
w is h t o b elittle th e lo s s resu ltin g fr o m o u r u n sa tis fa cto ry cu rre n cy
syste m , anil w e sh ou ld lik e t o h e a b le t o b e lie v e f u lly w ith y o u in th e
a b o v e q u o t a t io n ; b u t w ith a b ou t 4 7 p e r o m t o f o u r en tire p op u la tio n
•’ or th e C ensus o f 1890) d e p e n d e n t o n a g ricu ltu re, is it n o t tru e th a t
"-vu o f th is 4 7 p e r ce n t is a b s olu tely un p rosp erou s
re v a llin g p rice s
T h a t th is Im p orta n t p a r t o f
rplus to spen d , is n o t th a t th e m ain ca u se o f
m d itio n s ? D o y o u b e lie v e that sen sib le eurald a ffect th e p rice s o f th ese s ta p le s sufficiently
■ ..- i cla ss o f o u r p e o p le )
W e w o u ld a p p recia te
Ills m atter. S o m a n y o f u s fe a r th e b usin ess
y im p r o v e u n til th e lo n g -co n tin u e d a gricu ltu ra l
.s elf a n d its p en d u lu m sw in g s th e o th e r w ay.
Y ou rs tru ly ,
Sc o t t & C o .

1

depression ;• th e r e

operating

w hich

com m o d ity

have

m aterially

m u st

be

increased
or

a

the

cause

th e

T h e w h eat

its e lf.”

th a t

dem and)

on

depression is.

thus no h ap -h azard affair, n » “ sw in g o f
l u m ” to be reversed w hen t b s

cau ses

su pp ly s f

decreased th e

b oth , before price w ill fa ll.

cause o f
or

tb e

pendu­

m o v em en t “ -has sp en t

T h ere are real fo r c e s at work

ly in g b a c k

of

the depression in price, eith er p erm an en t or rem ovab le
or both ; so far as they ar® p erm a n en t

any

backw ard

swing is im possible ; so far as th ey aTe rem ovable a re­
covery in prices is o f coa rse to be- exp ected w hen

such,

agencies are elim in a te d .
I f one w ould seek t o reach a correct

id e a as to the

present relation o f w h eat to* the m atter o f tra d e d e ­
pression one m u st stu dy th© oauses w h ich have affected
the supply and dem an d o f th a t cereal.

A n y in flu en ce

fo u n d to be at w ork since price began to fa ll that h as
ten ded to increase th e fo rm er or decrease th e la tte r w ill
h elp to disclose

th e

m eth od

o f recovery,

A notable

fa ct apparent at the outset is th a t there seem s to be n o
sufficient ju stification for the situ ation
o f the increased su pply.

That

in tb e a m o u n t

is to say, g ra n tin g a ll

Januaby 25, 1896.]

THE CHRONICLE.

o th er conditions to be u n ch an g ed , th e decline has been
excessive.

It

is q u ite

im possible

to determ in e w ith

any exactness what has been the increase in the supply
-of wheat seeking a m ark et.

Som e reach a con clu sion

depression in the w heat m arket, and th at is th ro u gh an
increased dem an d.
a part o f the
cannot

be

recovered.

dence, so far

w orld, and others by ta k in g those fo r E u rop ean cou n ­

b elie f th at

tries as the basis fo r th eir results.

be when

factors,
fo r

a

for

n eith er

wide

th e sam e

class o f figures can be obtained

en o u gh

plan

to

reach

of

years

m ade u p

on

fu rn ish a com parison o f sufficient

le n g th to g ive certainty to

the

a rg u m e n t.

Suppose

it

wheat

statistics

a large
our

with N e u m a n ’s figures for E u rop e, w hich fo r 1870 to

upon

1 8 8 0 averaged 1 ,2 8 7 ,0 0 0 ,0 0 0

cotton

totals

do

b u s h e ls ; if so, even the

n ot show an increase sufficient

d a ft stru g g lin g
w ith

fo r

reference

bod y o f

n otice

agricu ltu ral

later

ha3 been excessive or th at it is lik e ly to

gone

one should start an estim ate o f the wants o f consum ers

large

to su pp ly the existin g e v i­

con su m ption is in a norm al con d ition .

has

upon

As

as it goes, does n ot favor the p revailin g

pu b lic
day

A s to the lower price of the staple

decline is, we have seen, perm an en t and

by tak in g th e estim ated crop com p ilation s o f the whole
B o th are uncertain

156

In d ia

crop.

large
We

to su p p ly.

E v e n to ­

people are con stan tly th ru stin g
as

prospects.

a

The

over the m atter o f

the great destroyer o f our

In d ia

is no more to be relied

w heat crop th an it is fo r a large
wonder how m any o f these

writers

who take th eir data second or third h and are aware that
In d ia

the

1893 91 and 1 8 9 4 -9 5 , exported o f wheat an average o f

natural increase

in

popu lation .

D o rn b u sc h ’ s estim ate for the world

O r, if we take

in

1 8 80 and com ­

d u rin g

its

last

three

1892-93,

to equal the additional requirem ents necessary to m eet

fiscal years,

bu t 1 1 ,3 4 4 ,5 9 0 c w ts., or say (at

112 pounds to the h u n ­

pare it with the latest results as collected and com piled

d red -w eig h t) only 2 1 ,1 7 6 ,5 6 8 bushels a year.

by our own A g ricu ltu ra l

increa e shown

to hear it proclaim ed near and far, and p am ph let upon

price o f wheat

pam phlet was w ritten, and

B ureau, the

does not any better explain

why

the

because of

should be cu t alm ost in h a lf to-d a y.
T h ere

has,

th o u g h , no dou b t

•called an over-prod u ction
1395.

in

been

what

the three

m ay

be

years prior to

O f the tru th o f th a t statem en t the A g ric u ltu -a l

even

books, to prove th at

In d ia ’ s produ ction o f

would soon be w ith ou t an

cotton our planters

occu p ation , and yet to-day

A m erican cotton is no less obviously k in g
was.

* M oreover,

as far

the

fro m In d ia as cotton form erly h ad , and no m ore.

ju s t

closed

sm aller stocks.

there
But

is again

the

sm aller yield

conclusion

one m u st reach who will
je c t with the help o f

a

we

and

th in k every­

th orou gh ly exam in e the sub­

this class o f statistics is that the

increase in the su pply since 13 7 0 , when

considered

in

T h e im p o rtan t

th o u g h t

these

cu ltu ralists, and not su pp ly.
produ ction .

It

w orkin g

c h ie f

the

harm .

th at the

than it was years ago, and why the world

fu lly

be tem porarily, as
aster to crops.

for

W e need

en ce s, as they ate well
ferred

to.

instance

O ne cause

has decreased ; another

in case o f

a wide d is­

not enlarge upon these in flu ­

know n and have been o ften re­
is th at the cost o f
is

production

the cost o f reaching a mar­

set

production

em p loy ed ,

of

the

their

this

it

m ig h t

cotton,

be large, labor

industry

To

accom plish

hardly

said

th at every agency ten d in g to

progressive.

needs

to

be

restrict in du strial

activity would have to be rem oved.

In d u stria l

a ctiv ­

ity means th a t as nearly as possible the entire popu la­
tion is at w ork, a con d ition w hich can n ot exist excep t
when the cou n try is in a

state

given to wheat is m ore prolific

prise, and to induce th at we

A s to

for

is
our

the cotton spindleB in

goods

and

progress,

fo rm erly.

illu stration ,

price
all

ket is m uch less ; still another is that the average land
than

fo r

o ver­

th a t

A m erica in m otion , to have them run on lon g tim e , so

several reasons why wheat should be perm anently lower
bushel a ga in , excep t it m ay

be to

have been dis­

m u ch about

con su m p tion

If,

planters wish to g et a p ayin g

to see wheat at a dollar a

facts en force is th at

too

is con tracted

their aim should

is not likely

m u ch to fear

F arm ers

tressing them selves a ltogeth er

sufficient reason for the low value o f wheat ru lin g .
is equally clear th a t there are

as

is the fa ctor w hich sh ou ld con cern our a g ri­

dn n a nd

con n ection with th e increase in popu lation , furnishes no
O n the other h an d , it

about

now goes

increase in the visible stocks carried over fro m year to
has

ju st

than it ever

evidence

A m erica n

In th s year which

has

as

B u re a u ’s figures seem to afford good eviden ce, while the
year appears to confirm the opin ion .

wheat

W e used

a ad

th at

again

parm ittin g con tin u ou s

requires

the

freest en ter­

m ust have com p lete con­

th e effect upon price o f rich lands for wheat, it is to be

fidence.

said that there are such lands not only in A m erica bnt

wheat.

all over the world ; besides, the

econ om ize; in tim es like th ese they have to watch their

m odern

m achines for

W hat

cu ltiv a tin g wheat are also in use everyw here ; and fu r­

flour barrel.

therm ore cheap

place

freigh ts

are a

universal

con d ition .

is true o f cotton is ju s t as true o f

T o o very large

the

body o f

our

people

L i t a state o f confidence and activity re­

present con d ition

of

d istru st, u n certain ty

H e n c e , alth ou gh the W e st can produce a od m arket this

and slu ggish m ovem en t o f affairs, and

staple

the

as cheap

as any oth er

part o f

the

world, so

far as these influences h iv e decreased th e cost o f rais­
in g and m ark etin g the grain and

so lowered its value,

have to

con su m ption

the

effect on

o f wheat cou ld not fail to bo m an i­

fest.
N o r would the revival o f

business

in the U n ite d

to th at exten t no one need expect a recovery o f price.

States be a h om e affair o n ly.

O r to pnt the

occasions, no sin gle cou n try has such an influence on

proposition

in

never again see the day when
enable th e

lands o f L o n g

another

fo r m , we shall

the price o f wheat will

Isla n d ,

ch aracter, to raise wheat at a profit

or

A s we have said on o th er

the world o f consum ers as A m eric a .

trial d evelop m en t here always has im parted m ore life

F or these reasons

and energy to the reproductive forces in G reat B iita in

i f there is any farm er h aving such lands who is in d u lg ­

and the C on tin en t than a like

in g a hope and w aiting for the pen d u lu m

other 70 m illions o f people.

far back that

he

will again

m oney plan ting w heat,
th ou gh t at once.

he

to

be in a position
m ig h t

sw ing so
to m ake

as well give up the

M oreover, i f the retu rn o f prosper­

H ig h er w h eatan d higher

cotton

th at influence, m u ch o f

were

partly

prosperous tim es m u st be indefinitely postponed.

less prom isin g.

conclusion

from the foregoin g Is p lain .

O n ly

th at in

turn did m ore for ourselves.
t*«e gain

one way rem ains to secure any relief from * h» otig> 'o g

m ovem en t am on g any

O ur im proved conditions

this su m m er did so m e th in g for E u rop e and

ous tim es depends upon the return o f th ose con d ition s,
The

Increased in du s­

others o f like

being

but rather o f

QpnHifinp

due

lost

to

as

the

outlook

T c -d a y business

here

a d ra g g in g ch aracter, th ou gh

Son’

o««

^

becam e

is now here active,

TV

in

better

THE CHRONICLE

156

LXI1.

[ Vo l

1 8 9 5 , 2 -1 8

prices for wheat and

m ills for 1892 and 1 -3 7 m ills fo r 1 8 9 1 , the rate in the

m ig h t
if

to-day

it

cotton .

be selling

were not

that

B oth

at m ore

confidence

business circles is greatly less
m er.

The

lower values

directly du e to th is
duced in spinning

in

of
in

than

the

those

staples

rem unerative rates
it was last su m ­
m arket are

cause, th rou gh a loss thereby pro­
requirements.

Every other condi­

So we are again brought back t,o the point ail in vesti­

1893,

The

G overnor well

says th at while the

Legislature

should at all tim es avoid unnecessary and excessive a p ­
propriations o f pu blic m oney and
econom y consistent with good
branch o f

require the strictest

adm inistration in every

the pu blic service, there

reason why the

tion would give us higher cotton instead o f lower.

m ills for

latter year h av in g been excep tion ally low.

financial and

cotton

m ills for 18 9 4 , 2 '5 8

1'98

in the N orth w est and Sou th reflects in part the higher

principle

is to-d a y a special

should be carefu lly applied

in the fact th at the con d ition o f m ercantile and in d u s ­

gations o f com m ercial affairs bring us to— the urgency

trial classes m akes it desirable th at the burdens o f ta x ­

o f currency reform .

ation

W e said last N ov em b er there was

shall

be

m ade

heavier th an is

no way in which the begin n in g o f business activity

o f business depression, and waited in vain for th at re­

secured

could

be

developed

into

the

people

absolutely

th en

already

“ The

no

necessary.

have endured a lo n g period

broader fo rm o f general bu oyan cy, except by rem oving turn to prosperity which was so confidently expected,.
the cause w hich was at that m om en t, and is to a j and as a consequence the burden of taxation rests with
greater ex ten t now , im p a rtin g uncertainty to the future

more than usual severity u pon them .

o f all values.

by the farm er, the

th e

Treasury

R est assured that u n til the ability of
to

redeem

all its promises in gold is

artisan, the

I t is fe lt

alike

laborer, the m erchant

and th e in vestor.”

placed beyond doubt there can be no free enterprise.

N o one will question th e force o f this statem en t nor

A n d while that is the case con su m ption of all farm ing

will any one deny th at an adm on ition of the sam e kin d

products will be restricted and our agriculturalists will

is needed by the legislative

be forem ost to suffer.

other departm ents

of

and

execu tive

g overn m en t

j T h e circum stances in the ease o f

in

officials in

th is

cou n try ,

the S tate seem som e-

1 what exceptional, but only a little s .u d v is required to
ECONOMY
The

IN

special

GOVERNMENT

message

w hich

sent to the State L egislatu re at
om y

in

THE

NEED.

Governor M orton has

show th at the State sim ply typifies

the

general situ a ­

tion— th at the tendency here observable exten ds to all

A lb a n y u rgin g econ­ |branches of the g overn m en t service.
W e fiad now here
com m ended. a disposition to contract expenses, bu t every where a ten-

appropriations is to be h eartily

A n d the suggestions and
could with advantage

recom m endations he m a k -s j dency to increase th em and to assum e new obligations

be follow ed both in the govern - \and burdens.

T a k e the case of our leadin g m u n ic ip ili-

m en t o f our m unicipalities and the governm ent of the | ties, N ew Y o r k C ity and B rooklyn . T h e B oard o f E s ti­
nation.
I n fa c t, it is in its broad general aspects that m ate o f this city a few weeks ago com p leted the
th e b u d the message and the advice w hich it tenders is deserv­ get fo r 18 9 6 .
I t provides fo r an expenditure o f
in g o f special n otice.
M r. M orton 's solicitude regarding State affairs arises
ou t o f a num ber o f circum stances.

I n the first place

the legislators evidently do not understand the need for
econom y,

and are evin cin g a disposition

lavish.

On

files o f

bills thus far

priations
m illion

aggregatin g
dollars

islature,
expired

th is p oin t th e

are

although

introduced show
m ore, th an

now pen d in g

b u t ten

to be very

G overnor notes th at the
two

th at appro­
and

before

days o f the

a

the

half
Leg­

session have

and none o f the appropriation and supply bills

have yet been prepared.

In the second

place, special

$ 4 6 ,4 9 6 ,5 7 1 ,

against

$ 3 9 ,9 7 6 ,9 6 0 ,

an

The

tax

rate,

in

1894 .

In

it

is

B rooklyn

crease, and the
annexed

over

in

18 95 o f

only

6 £ m dlion dollars.

estim ated ,

will

$2 74

also there

has

be

close

been an in ­

tax rate for 1895 (leavin g

wards entirely

against $2 62 £

ou t

for

of

the

18 94 .

It

th e new ly-

calculation )
is

proper

is
to

say th at m both cities the higher tax for S tate purposes
has played some part in
furth erm ore

raising th e rate.

B at

note

that provision exists for a very extensive

increase in

the

will share in

itable in any event.

dollars, o f

am en dm en t to the Constitu­

allow ance

to $2 06 per $1 0 0 , against only $1 91 in 1895 and $1 79

causes m ake an increase in the yearly requirem ents in e v ­
An

an

increase o f

obligations o f

th e

two cities.

T h ey

the cost, am o u n tin g to several m illion

b uilding th e new

b ridge across

th e E ast

tion was adopted last a utu m n authorizing the creation

River, and N e w Y o r k C ity will have to assum e at least

o f a debt o f $ 9 ,0 0 0 ,0 0 0 fo r the im provem ent o f the

fifty

canals, and provision will have to be m ade each year

the new R apid T ran sit road.

to m eet th e interest

is authority for other large outlays for

debt.

and sin kin g fu n d calls on this

Then also the Legislature will have to provide

m illio n

poses.

dollars

o f in debtedness in con stru ctin g
I n both cities, too, there

W e are n ot concerned

various

pu r-

now with the meric or

at the present session for transferring the care o f th ed e -

propriety o f any o f these plans in vo lv in g the assum p-

pen den t iusane in this city to the State at large.

tion

the

T h is

Governor points out will m ean a fixed addition

o f new obi gation s.

W e wish

sim ply to

direct

attention to the fact itse lf, m ade especially significant

to the tax rate o f one-th ird o f a m ill, or $ 1 ,4 3 1 ,0 0 0 .

in view o f the increase w hich has already tak en place

M r. M orton also quotes a statem en t fro m the last re­

both in the yearly budgets and the yearly tax rate— -all

port o f the State C om ptroller show ing th at five item s o f

at a tim e when industrial interests have had to con ten d

expenses alone— nam ely charity (in clu d in g the 2muper

w ith a severe and prolonged depression.

insane), the school system , th e

m ilitia

(exclusive o f

T u rn

now

betterm ents), canal m aintenance, and ju d ges’ salaries—

m en t.

and which are m ore likely to increase with the years

est urgency

to the a f f i i r s o f the

H ere m ost assuredly
fo r

econom y

in

N a tio n a l G overn ­

there has been the great­
appropriations.

As

a

th an to decrease, now call for a yearly outlay of $ 1 2 ,-

result of th e depression iu business the revenues o f
7 0 0 ,0 0 0 , equivalent to a tax rate o f 2 '9 6 m ills on the ! the G overn m en t have been en o rm o u s'y c o n tracted as
J ~ ll
__• U
.. 1 J a-l-.J. a... _ a
,
r.
.
...
.
. _
J
dollar.
* W e m ig h t add th at the tax rate for the com pared with the period when business was prosper­
late year (w e m ean the actual am ou n t levied for

all

ous, and for several

successive years there has

been a

purposes) was m aterially higher than in the years im

large deficit below

m ediately preceding, the figures being 3 -2 4

account o f our silver troubles the firu n eis of the G ov-

m ills for

the

disbursem ents.

M oreover, on

January 35, 18'JS.J

THE CHRONICLE.

ern m en t have been
tim e o f peace.

distu rbed

as

never before

any evidence th at it recognized

a

the needs o f the situa­

tion and reduced expenses accordingly ?
it.

in

H as Congress du rin g these years given
N o t a bit of

A c c o rd in g to the official returns the yearly outlays

have
of

been

recent

curred

kep t

close

up

years,

such

little

b ein g

m ainly

due

to the

reduction

to

with Congressional volition .

m ax im u m
as

figures
has

oc­

causes

n ot connected

L ea v in g

the Post Office

157

expenses can be and sh ou ld be m ain tain ed .
this disposition is the outgrow th o f
travagance bred and fostered

the

d u rin g

W e th in k

h abits o f

th at

ex ­

prosperous

era in our national history, only a few years back, when
the G overn m en t, th rou gh

the

collection o f

sary taxes, was able to roll up a surplus o f
m illion

dollars

Senator

a

year, and

considered

o f spending

thi3

it

every C ongressm an

his

surplus

u n n e c e s­
100 to 150

d u ty

to

w hich

provide a

w ould

and
way

inure to th e

ou t o f the accou n t, the expenditures o f the G overnm ent

benefit o f his con stitu en ts. T im e s have greatly ch an ged

were rou gh ly 36 7 4

since th en , b u t

m illion

dollars

m illio n dollars in 1 8 9 4 -5 , while
C arlisle estim ates them
dollars.

in

fo r

1 8 93 1 and 356

1 8 95 -6

Secretary

in his last report at 36 2 m illion

A s recently as 1 8 8 7 -8 the

aggregate o f

them .

our

legislators have n ot ch an ged with

T h e y have not yet learned th at econ om y is the

need o f the hour.

these

N o th in g could show the prevailin g situation better

expenditures was only 26 0 m illion dollars, or over a h u n ­

than the fact that w hen, as at present, there is talk o f

dred m illion dollars less th an at p resen t.

a deficiency the proposition is to increase taxes rather

N o t only are

the disbursem ents being m aintained at the old h igh basis,

than to reduce expenses.

but we m ay go a step fu rth er and assert

N o departm en t o f the G overn m en t sh ou ld be crippled

th at

hardly

Is it n o t tim e to c d l a h a lt?

any one in either H ou se o f Congress or in either polit

in the sligh test degree, b u t every unnecessary expense

ical party is u rgen tly insisting on

should be lopped off.

retren ch m en t and

econ om y.
N o r should
years the
m illion
fou r

it be forgo tten th at d u rin g the last tw o

G overnm ent has

dollars

per cen ts,

the fu rth er
to

m onth

in vo lv in g an

issue
4

reserve

m illion

issue

addition to th e

162

than by increasing the burdens o f taxation w hich, even
when lig h t, are borne w ith difficulty at a tim e o f a d ­
verse trade con dition s.

yearly

dollars, and th at

m illion dollars

the gold

add

to

five per cents and part

7 } m illion

o f 100

protect

will

been obliged

o f bonds, part

interest charge o f about
cen ts

T h a t is the way to m ik e sure of

a surplus on the operations o f the G overn m en t rather

o f four per

to be

m ade next

dollars m ore

per

year—

O U R U N P R E C E D E N T E D IR O N P R O D U C T IO N .
T h e statistics o f iron production for the late c a le n ­
dar year which Mr. Jam es M . Sw an k , o f the A m erican

c h a r g e all the m ore o b jectio n ab le because if Congress

Iron

would only rectify our currency situ ation they cou ld be

public th is week, show th at 1895 will rank am on g the

avoided.

So far fro m there bein g an y desire to retrench

most notew orthy years

the

talk

Mr.

Sw ank

P residen t’s message regardin g V e n ezu ela , has led to the

with

which

in trodu ction o f an entirely new crop o f bills fo r the ex­

m aterially to their usefulness.

war

of

the last

few

weeks, induced by the

&

Steel Association

at

in

P h iladelph ia, has m ade

our

deserves great

iro n -m a k in g

he issues his returns, th u s

ad d in g

penditure o f m oney— for guns, a m m u n itio n , arm am ents,

publication about tw eaty days after

year, and they are very fu ll and c om p lete.

to

for such

expect,

in

purposes.

view

of

It would be too m uch

what

has

happened,

there will not be a considerable increase

in

that

certain o f

We

have

said

markable one.

th at

T h is

very

T h e y are furnished for

defences, A c ., som e proposing to appropriate fabulous
a m o u n ts

history.

credit fo r the prom ptness

the year

the close o f

will rank as

is so for two

reasons.

a

the
re­

F irst,

because more iron was made than in any previous year,

u n fo rtu n ately C o n ­

»nd, secondly, because a w onderful and com plete change

gress has given us no reason to th in k th at an augm en ta­

•'ccurred in the condition o f the trade d u rin g the twelve

tion here will be m et by a cu rta ilm en t o f expenditures

m onths, the outlook at the b eg in n in g o f the year not

elsewhere.

having pointed

the item s

here en u m erated, and

In deed , it

is

seriously

proposed

to add

still further to our already excessive pension disburse­

which

m ents.

nowever, the

The

truth

is, n oth in g

present outlook than the

is more

rem arkable in the

lack o f effort and the lack of

disposition to reduce G overn m en t expen ditu res.

W h ile

with

to any such favorable results as those

now distinguish
iron

the

trade

the ch an ge

in

period.

In th is ch an ge,

only reflected and k ep t pace

the general industrial situ ation .

A fte r the great coal strike in the first h a lf o f 18 94 , which
brought iron -m ak in g alm ost to a stan dstill, there was a

all our great industrial corporations and ail our railroad

pretty general resum ption o f work du rin g the last hal f of

corporations have been

1894, and the close fou n d the production on a fairly large

in

every

business

forced to curtail

direction, while every
m an

has

m erch an t

been obliged to

legislators are

appropriating m oney with the same prodi­

scale.

In

other

tin ctly m anifest
ju s t as there

words, a revivin g tendency was die the latter part o f

had

been

in

the

the previous y e a -,

course

of

general

trade.

in en tire disregard

D u rin g the early part o f 18 95 , how ever, this revival

the fa c t th at business con d ition s since 1893 have

was arrested and held in ch eck by the critical state o f the

gality as b efore.
of

and every

practice econom y

both in his business and his h o m e , our
votin g and

their outlays

T h e y are a ctin g

n ot been normal and th at the whole population has

Treasury in the m atter o f its gold reserve.

suffered

tract with the Syn dicate rem oved dou b t on th is point,

because o f

the prolonged depression and un­

favorable condition*.
It strikes us that
different fro m what
o f adversity in the
ment o f

and as confidence developed and
in this

situ ation is

it has been at any previous period
cou n try ’ s h istory, for

a spirit o f

characteristic o f

particular the

econom y has been a notew orthy

form er epochs o f

th is

our legislators seem to be im bu ed with
the country is too big and

k in d .
the

idea

N ow ,
th at

too rich to su b ject itself to

the rules which govern elsewhere and
tained in the p u t , and

the develop

th at the

which

scale o f

T h e con­

becam e firm ly e sta b ­

lished, the iron trade showed the beneficial effects, an d
the m ovem ont gained in stren gth and fo rce, u n til fin ­
ally we were treated to an old fashioned
which prices advanced
production
m on th ly

reachod

record

kept

with

m arvelous

unprecedented

boom , du rin g
yap d ity and
figure*.

The

by tho " I r o n A g o ” o f th is city

shows that at the begin n in g o f the year the cap acity of

have ob­ ! the furnaces in blast was 1 6 8 ,4 L4 cons per w eek, that

g overn m en t 1 from this there wa3 a decline to 1 5 6 ,5 5 4 tons per week

THE CHRONICLE.

158
on May

1, that then there was a steady and u n in te r­

[Y ol. LX If,

T h e extraoi din ary total was reached without any la rg e

rupted increase to 2 1 7 ,3 0 6 tons on N o v em b er 1, w ith a

or

decrease to 2 1 6 ,7 9 7 tons on D ecem ber 1 and 2 0 7 ,1 8 1 tons

roads b ou g h t cars and locom otives and general s u p ­

January 1 1896.

In prices there was quite a m arked re­

action during the later m onths.
lound the

trade again

T h e close o f the year

in a rather un settled state, in

exceptional

dem and

fro m

the

railroads.

The

plies and m ade repairs and renewals with som ew h at
more freedom than they did in the previous

year, and

yet they b ou g h t only sparingly.

new ra il­

M oreover

» r t because the upward m ovem en t had reached som e­

road construction was down to a m in im u m — in fa ct th e

what extreme figures, but m ain ly because the Treasury

sm allest in about

ituation was g iv in g

track laid was less than 2 ,0 0 0 m iles.

and the

renewed

grounds for uneasiness

President’ s V en ezu elan

message

had in tro ­

th irty years.

y ears' when th e

iron

nam ely

political and financial w o rld .

ively 5 ,6 0 0 miles and 4 ,6 0 0 m iles.

o f the make o f pig m etal du rin g
year.

The

statem ent fo r
th at the

m onths would reach
pounds.
w ithin

T h is

five

for

was especially

A n average of about

tons o f iron a mile would be a sm all allow ance for

the

rails required for the new m ilea ge;

M r.

Sw ank

years on the heavier am ou n t o f

o u tp u t du rin g the

last six

large.

m illion

gross tons o f 2 ,2 4 0
to

have

been

well

la rg e ,

10 0

th at basis

ton s, and

th e new

I n the other two

1 8 9 2 , the new m ileage was respect­

m o n th s had

estim ate proves

the m ark,

last h alf o f the

the first six

shown a product o f 4 ,0 8 7 ,5 5 8
then estim ated

the

and

product

duced an entirely u n expected d istu rb in g agency in the
M r. Sw ank's statistics serve to reveal the m agnitude

1 8 90

A lto g e th e r

the

difference

C onsidering that

in

favor

but

of

new

even on

th e

earlier

construction is-

difference, th e

increase

on

the 1895 m ake o f iron is really greater and m ore n o te ­
w orthy than appears by th e face of the totals.

actu ally th e m ake o f iron in

I t is im portan t to observe, too, th a t the large p ro d u c­

these six m onths, as now reported, was 5 ,3 5 8 ,7 5 0 tons.

tion was n o t attended w ith any increase in stocks b u t

N ever previously has the outpu t

rather with a decrease.

m on th s reached as m u ch

in

any period o f six

a3 five m illio n

ton s; the

argest previous am ount was 4 ,9 1 1 ,7 6 3 tons in the s e c ­
ond h a lf o f 18 9 1 ,

when the product

had been curtailed

by

coke regions.

com pared

m ark,

As

in the first h alf

the strike in the O onnellsville
with

th at

the product the last h alf o f 18 95

increase o f 4 4 7 ,0 0 0

tons.

The

In c lu d in g the stocks

the warrant yards o f the A m erica n
D ecem ber

31

1895,

against

5 2 0 ,5 9 0

1895 and 6 6 1 ,3 2 8 tons D ecem b er 31

h igh -w ater

turns do not include p ig

iron

fro m the furnace bank,

nor p ig

follow in g

gives the

b y rollin g

sold

and
iron

E-r;:

basis, stocks declined up to the 1st o f

Gross Tons.

Gross Tons.

1891—1st h a lf................... 3,368,107
2d h a lf................... 4,9 1 1,76 3
1 892— 1st h a lf................... 4,769,683
2 d h a l f...................4,3 8 7,31 7
1 89 3 —
1st h a lf...........4,5 6 2,91 8
2 d h a lf...................2 ,561,584
1894—
1st h a lf...........2,717,983
2d h a lf................... 3,939,405
1 89 5 —1st h a lf................... 4,037,558
2d h a lf...................5,3 5 8,75 0

1885— 1st h a lf................... 1,920,371
2 d h a lf....................2 ,1 2 4 ,1 5 4
Xg8(i— 1st h a l f ................. 2 ,6 3 7 ,6 8 2
2d h a i r ..................3,0 4 5,64 2
1 88 7 —1st h a l f .............. .3 ,0 1 9 ,2 9 1
2 d h a l f .............. 3 ,3 6 7,85 1
B88—1st h a l f ................. 3 ,0 2 0,09 2
2 d h a lf................... 3 ,4 6 9,64 6
889—1st h a lf................ 3,6 6 1,60 3
2d h a l f ................. 3,9 4 2,03 9
580—1st tia lf...................4,5 6 0,51 3
2d h a lf................... 4 ,6 4 2 ,1 9 0

stand unexcelled, bu t the record' fo r the whole year as
already stated also stands

unexcelled.

F or

the

twelve m onths the product is 9 ,4 4 6 ,3 0 8 tons.
9 ,2 0 2 ,7 0 3

tons in

1890,

there is an increase in the

com pared

w ith

which

one case o f p retty nearly

3 0 0 ,0 0 0 tons and in the other o f pretty nearly
tons.

In 1894 the product was very

sm all,

2 5 0 ,0 0 0
reaching

only 6 ,6 5 7 ,3 8 8 tons, it h aving been reduced by the de
pression in business and the great strike in

the

b itu ­

m inous coal regions, which lasted fro m A p ril 21 to June
1 8 , and in some cases even longer.
14»t
Ihe i

figures o f th e

As

com pared with

30

not

rem oved

m an u factu red
Tak­

“ Ir o n A g e ” as

a

N o v em b er, b u t

during the succeeding two m onths to Jan u ary 1 1 8 9 6
increased again to som e ex ten t.

I n th e

have undertaken to

yearly

based

on

Sw ank.

the

show

changes

W e also add

th e

in

fo llo w in g we
con su m p tion ,

stocks reported

th e

b y M r.

im p o rts, ta k in g , how ever,

not m erely the im portations o f the p ig m etal, b u t of
these im ports som e

steel.

It

increase

w ill

b e seen th a t in

occurred

total o f 1894 .

fu ll

T h e best

previous annual totals had been 9 ,1 5 7 ,0 0 0 tons in 1892
and

m on th ly

all kinds of iron and

, N o t only does the record for the last h alf o f the year

June

T h ese re­

m ill proprietors fo r their own use.

in g

th e

tons

1894.

h alf-yearly figures back to 1885 .
PRODUCTION OF PIG IRON IN HALF-YEARLY PERIODS.

held in

Iron Storage

W a rra n t C om p an y, aggregate stocks were 5 0 6 ,1 3 2 tons

records

an

P ig

IRON PRODUCTION, STOCKS, IMPORTS,

Tom of 2,240 Ponds.

1895.

1891.

over

&C.

1892.

1893.

th e lo w

1891.

1890.

St’ k o f pig beg. of yr.*
161,328 707,318
535,616
627,233 001,858 283,879
Product’n dur’g year. 9,446,305 0,657,388 7,124,502 9,157,000 8,279,870 9,202,703
Total supply.......... 10,107,636 7,364,716 7,600,118 9,78»,233 8,941,728 9,486,582
Stock end o f year*..
600,132 601,328
707,318
535,616 627,233 661,858
Consum p. o f home pig 9,601,504 6,703,378 6,952,800 9,248,617 8,314,4P5 8,824,724
Imp’ts o f iron & steel. +375,000 319,290
438,495
494,468 557,882 065,771
Tot. consump., tons 9,<-76,504 7,012,008 7,391,295 9.743,085 8.872.377 9.490,495
* Including 36,200 tons net held in the warrant yards o f the American Pig
Iron Storage Warrant Company Dec. 31,1839, not under the control o f makers;
52,937 tons Dec. 31,1890; 30,900 tons Dec. 31, 1891; 29,500 tons Dec. 31, 1892;
45,250 tons Dec. 31,1893; 03,640 tons Dec. 31,1894, and 01,800 tons Dec. 31, 1895„
f December imports estimated.

; « of course the show ing is strikin gly favorable,
j

.'ease being over 40

per cen t.

vivir . the yearly produ ct, classified so as
cate t „ e

am ount

of

iron m ade

A m o n g the

H ere' is a table

w ith

to

in d i­

each, kin d

of

two W estern

PRODUCTION o r IRON ACCORDING TO FUEL DSHD.

Tonj of 2,210 lbs.

1835.

1801.

1893.

1892.

1891.

1880.

Bituminous................. 7,960,008 5,520,224 6,300,184 6,822,200 6,830.798 0,383,147
(1297,040 1,608,093 1,560,; 81 U)37,140
Mixed anthr. coke 1,270,809
914,712
Anthracite alone — *
49,883 229,020 305,827 ‘249,271
222,422
Charcoal........ .............. 225,341
350,789 537,021 576,964 028,145

&

l

l

and

Illin o is , have the best

records, as each shows the largest
years.

fu e l.

in divid u al S t a tis , P en nsylvan ia and the
States, O h io

The

w ell,

hut

their

best

to

th e

Southern
m ost

of

th em

previous

strik in g

States

o u tp u t

have also

did

n ot

p e ifo rm a n c e .

in
done

com e
W ith

recent
qu ite
up

to

reference

pre-em inence h eld by P en n sy lv an ia ,

th at State con tin u in g to m ake about

50

per cent o f

the produ ct fo r the entire cou n try, M r . S w an k directs

T otal....................... 9.440,308 0,667,388 7,121,502 9,157,QUO 8,279,870 9,202,703

a tten tio n to the fa ct th at A lle g h e n y C ou n ty alone p ro ­

M r. Swank points out that the great increase in p ro ­

duced

2 ,0 5 4 ,5 8 5 tons, and that this was 5 9 0 ,7 9 6 tons

duction was largely caused by the extraordinary dem and

m ore than the produ ction

for Bessemer pig, w hich dem and was in turn chiefly

th a t o f Illin o is, and nearly tw o and a -h a lf

caused by the

o f A la b a m a ; and y et, he says, O h io , Illin o is

extraordinary

dem and

for

structural

steel.

bam a m ade splendid

T h is suggests a very notew orthy feature about the
o u tp u t o f

18 9 5 , m ak ing

it

additionally

significant.

1894A

o f O h io , m ore th an double
tim es th a t
and A l a ­

records in 1 8 95 as com pared w ith

Comparisons^ fo r] the

nished in the follow ing.

various

States

are fu r --

THE CHRONICLE.

Jantary 23, 1896.]

I'AODL'CTIOS OF PIG IBOS BY STATES.
1895.

S o , Stales—
Alabama— Tirginia.....
Tennessee
W, Virginia..
Kentucky.,..
OeoTjjia........
Maryland.,..
Texas..........
N. Carolina..

T ons.

i
s
to

I n 400-15. Bales.

1889.

1

I

*0

O

I

S

A few word* as to the

coarse o f

prices d a r in g the

W e hare already stated th at th e rise was rapid,

reaching the proportions o f

a b oom .

e ic h

in

the

the

of

rise

in

pronounced in th e case o f
lets, and

in

those

iron , m ore particularly
iron and

steel

was most

B essem er pig and steel

bil­

most n otew orth y.

F o r Bes­

sem er pig (» t P ittsb u rg ) the price early in th e y -ar was
per ton , in .Septem ber over # 1 7 , in D ecem b er le.-a

than # 1 2 . Steel billets rose fro m a bo u t #14 to #2 4 and r •
acted

to

#17.

In

oth er grades o f

fluctuations were less violent.
was

m arked

held

there.

up

iron and steel the

F o r steel rails the price

from #22 to # 2 8 , and has been firm ly

W e giv e

the fo llo w in g to show the aver­

age price# fo r the year (th e whole tw elve m on th s) on a
n u m ber of lead in g grades of

iron and steel in 1895 as

w m p a r e d with the seren years

p recedin g.

It will

be

observed th at while the averages are all h igh er than for
18 9 4 they are, with that ex cep tion , the lowest o f all the
years g iv en .
AVBRAOE TKAttlY VKICTt» OF SBOS

kSU(STSSt,

1886 TO 1895.

uses. h n . 1993. m i . m i . m o . i m . t g »
1
1
(
1
«
*
i
t

A H U Im -

oida m T nUm*t pmi» ..toa.ts»

ista

m -m

No.
Phil. "
ISM ISrtS It ST
Gray foree pi* Iron irtPhtt. “
5t «» I> T l l i t s
G :» j tu r g * P h i ir o n , L u k e
ore,*t I’ ttt.tmrt.......... “
M M »7S H I T
BsswiM'rpisHmnat TO a. "
MIS 1138 1( « i
Bteel rnll» .it mill* In P a.. - S i l l MOO f t B
fit 1 ftllle'ftnt mlllff at Pitt*. - 1819 W it SOM
8- <! refined h n e iron from
•tore at Phil*........... 100 It*. I tt 184 170
Alt mack bar ir o n « t m u . •• 1SS 190 150

n

w.

IS7S
HSt

the

have

prepared

seasons

from

the fo llo w in g , which,
18 8 8

to

1895,

in c lu ­

It was caused

instances also the reaction towards

the close o f the year was

#10

692,000
9,134,000

sive:

ssis im m

It M 1910
It S» 1 S 8S

l i t * 18 2 1

MSI U 08 4S7X
lis t
ISOS I* S6
1000 K M St 75
» 8 3 S3SS SOM

la in
1»<»
» «
SW4A

1SS9
17St
MSS
!W7S

187 190
1 84 1 71

IM
151

2 01
177

2 00

18£

B r ita in .
1395...............
1891.................
1893.................
1892. ............ .
1891.................
1990.................
18 89.................
1888.................
a t.

79.000 4.112.000
92,000:4,020,000
•200,000;3,599,000
103.000 3.843,000
204.000 4,138.000
193,000:1,152,000
09.00013.919.000
290.000 3.031,000

4.191.000
4.112.000
3.799.000
4.008.000
4.340.000
4.345.000
4.018.000
3.921.000

4,080 .000 111,000
1,083 ,000 79,000
3,707,,000 92.000
3,808,,0 0 0 200,000
•1,175,,0001163,000
4,141,,000:204,000
3,825,.000 193,000
3,822,,000 99,000

C o n tin e n t.
1895................. <313,000 5,022,000 5,635,000 5.101,000
.3 1 9 ,0 0 0 M 56,000 5,475,000 4.802,000
1894.
284.000,4,020.000 4,904,000 4,085.000
1893.
332,000; 1,528.000 4,80O,OOOj4,570,000
1892.
279.000 1,004,000 1,883.00(1,4,551.000
1891.
179,O0<> 1,481,000,4,800,Oimj, 1,391.000
1890.
147.000 4,158,000 4,300,000:4,121,000
1889.
473.0003.522.000 3,995,00Ci'3,848.000
1888.

78,462
77.558
71.288
73,231
80.288
79,634
73.558
73.500

474.000 99.250
013.000 93.500
319.000 88,173
'281,000 88,000
332.000 87,519
279.000 84.250
179.000 79.250
147.000 74,000

A ll E u r o p e ,
1 8 9 9 ... ........ ,092.000 8,134,000 9.828.000 9,241,1,000 585 .000
1894................. 411,000 9,170,000 9.587,000-8,895,>,000 002,,000
1893— ............ 484.000 8,219,00018,708,000 8,292,1,000 111,,000
1892 ............... 197,000 4,371,000 8,868,000 8,384 ..000 484, 000
1891.................. 483,000 8.740,000 9,223,000 8,720,000 197, uoo
1890................. 372,000 8,633,000,9,005,000 8,522, ,000 483,,000
1389 ................. 246,000,8,072,000 8,318,000 7,916,000 372,,000
1888................. 703,000-7,153,0007,910.000 7.070,000 240,,000

sets

it it

Spin'rs’ Weekly
Con­
Slock Takings, j Supply. sumption, Stock
OonJan, 1.
Dec. 31, sumpt’ n

S p i n ’ r s ';

B a la o /
400 Lb*..

price o f the raw m aterials

m m a fa c tu r e

coke and o re s1 T h e

other, we

embraces

n o t alone by the sadden dem and for iron and steel b a t
used

Total,

79,000 ! 613,000
4,112,000 : 5,022,000

the relation the figures for a n u m ber o f years bear to

M46,3*38 0.867,388 7,124.5 2 9,157,000)8,279370 MO2;70a 7,003,642

also by advances in

Gt. Britain. Continent.

Stocks January 1 ,1 8 9 5 ......................

T o n s,
Tong.
T on s.
915,290 795,673 816,911 706.639
342,847 295,292 292.779 224,425
4.191.000 5,635,000 9.826.000
300,081 291,738 267.626 253,085 Consumption........................................ 4.080.000 5,161,000 9.241.000
90,283 129,487 105,258
154,793
47,861
58,548 44,844
37,902 Stocks January 1, 1896....................
111,000
474,000
585,000
9.950 49,858; 29.185 24.606
Weekly
consum
ption.........................
78,462
<
99,250
177,712
99,131 leases' u t .sso 30,221
18,062,
9,701
8,013
4,057
2,840
2,908
3,217
I t will be observed th a t the surplus stocks at a ll
2.583
1.597.299 1,890,197 1,708,903 1.744.180\398.8U E u rop ean m ills at the close o f the y ear are estim ated
4,193,805 3,052,38: 4A 15.320.3,733,252 at 1 0 7 ,0 0 0 bales o f 4 0 0 lb3. each less than tw elve
875,263 l,«l,m ;i.0 3*.')13:1,240,330,1,(1SS,S32
191,113 310,395 315,112 329,805 205,399 m on th s ago, n otw ith sta n d in g the fa c t th a t in the in ­
92.49*) 158,739 112,226
-4.305;
87,975
i 06.261- 949,450 069,202 701.106 536,633 terim the visible su pp ly has decreased over 7 5 0 ,0 0 0
213.145
117.538 184,121
330,769 191,389 bales of ordinary w eights.
T h e fo reg oin g statem en t
131,772 171,961 197.10C 2I9.SA4 HI.CSS
57.02O 29.229
32.360
89,777 78,955 presents the results for 1895 o n ly ; to bring out clearly
86,505
8S.KO 67,167
72.S34 81.972

.m

1

1890.

726,888
362.856
207,913
81,591
47,5*11
39,675
151,773
9,257
2.813

PennaytY^la
O h io ......... 1,4-53,7®
New York ... 131,702 175,185.
55,502 63.273
New Jersey,.
Illinois......... 1,006,091 W1.79S01,232 95,171;
Michigan....
Wisconsin .. 118,400 91,89:.
Missouri---ajm j
27,518
82,2! i
Ail otters...

year.

1891.

Tom .

Tom .

T o n s.

8$Md7 592,392
346,580 298,086;
248.129 212.773
141,968 80,781:
«.%■>•• SS.SM :
31/34
40,268
5,300'
10,013
4,082
4,671
323

Total......... i,702.oss i s m

1892.

1893.

1894. j

SPINNEH8' TAKBSS, CONSUMPTION AND STOCKS IN 1895.

s

T o m o f 2,840
Pm m & e.

159

177.712
171,058
159,401
101,231
107.807
163,884
152.808
147,500

T h e com parisons in dicate the rapid exten sion o f c o t ­
ton

m an u factu re

on

the

y e a r s ; in Great

B ritain

crease in 18 9 5 .

From

C on tin en t
there

1888

to

m ills o f the U n ited K in g d o m
con su m p tion o f
was a m arked

the

fa llin g

was

raw

the

1891,

steadily

e ig h t

however,

th e

increased th e ir

m aterial, but

off, follow ed

past

p ra ctic illy no i n ­

in 1 8 92 th ere

by a

fu rth er

de­

crease in 1 8 9 3 , the adverse results baiug due each year
in considerable measure to labor troubles in L m cashire.
C O TTO N

S U P P L Y

A N D

C O N S U M P T IO N

IN

E U R O P E .

In 1 8 9 1 there was a recovery to
of

M r. E llison ’ s “ A n n u al Review o f the

O otton T rad e

1 8 9 1 ; this year the

slig h tly added to.

1 8 94

very

near the figures

con su m ption

is

only

T a e C o n tin en t, o a the other h a n d ,

fo r the Y e a r 1 8 9 5 ” was israed in Liverpool on Tuesday

startin g with a con su m pti m

o f the present week and, fo llow in g our usual

c u sto m ,

lbs. each per week in 18 88 ,

we have obtained

interest

c u lm in a tin g in a total of 9 9 ,2 5 0 bales per week in 1 8 9 5 ,

contained

by cable all

therein.

The

the

results o f

statistics

E llison cover not only the figures o f

com p iled by M r.
su pply and c o n ­

sum ption for the calendar year a n ! the first quarter o f

or

an

increase

fo r

the

of
has

7 4 ,0 0 0

period

consum ption, e tc ,, for the period

that m ill owners were dissatisfied

Septem ber 3 0 , 1890.

results o f

W ith regard to the calendar year

1895

the figures

400

covered

of

34

p er

A lth o u g h at tim es d u rin g the year advices fro m the
m an u factu rin g

Jan u ary 1 to

of

cen t.

the new crop season, bttt detailed estim ates o f im ports,
fro m

bales

m a le con stan t g a in s,

districts

of

G reat B r ita in
wish the

operations, they have been

m u ch

in dicated
financial
more fa­

vorably situated than in any sim ilar period since 18 9 0 .

show that there has been only a sligh t addition to the

O ur cable 3tate3 th at 95 corporations in the O ldh am

con su m ption of G reat B ritain , bu t th at on the C on ti­

district m ade an aggregate profit o f £ -1 3 ,3 2 9 , or £ 6 6 7

n en t the increase has

been

m aterial.

T h e actual re­

su lts for 1 8 9 5 , in 4.00 lb . bales, are as fo llow s:

per m ill.

The

follow in g statem ent shows the finan­

cial results to these m ills since 1 8 8 3 :

THE CHRONICLE,

160
1 8 9 5 . . . ............ 9 5 C o m p a n ie s — P r o fit , £ 6 3 , 3 2 9 .
L oss,
1 5 ,8 3 7 .
“
1 8 9 1 .................... 9 3
“
7 2 ,7 6 8 .
1 8 9 3 .................... 9 3
**
•
•
1
0
1 ,4 3 4 .
1 8 9 3 ..
.........................9 0
P r o fit , 1 0 ,7 6 3 .
.93
1891.
“
3
7
6 .0 1 1 .
.9 0
1890.
2 2 0 ,5 8 7 .
.86
1889.
“
2
5
0
,9 3 2 .
1888.
..85
8 5 ,8 1 0 .
..88
1887.
6
1
.7 1 8 .
Loss,
..9 0
1886.
2 ,7 3 0 .
.8 7
1885.
P
r
o
fit
,
1
2
5
,0
00.
1 8 8 4 .................. 6 0

P r o f i t p e r m ill, £ 6 6 0
177
L oss

4 .1 7 8
2 ,5 6 5
2 ,9 5 2
97

68 1

L oss

3 J
2 ,0 8 3

P r o fit

While this year’s exhibit appears particularly favor­
able as compared with the three preceding years, when
losses were sustained, or with 1891, when a merely
nominal profit was secured, it loses its favorable char­
acter largely when contrasted with either 1890, 1889
or 1888. The exports of yarns and goods from Great
Britain were 23,660,000 lbs. less in 1895 than in the
preceding year but greater than in either of the three
previous years. The details of these exports by months
and quarters for 1895 and 1894 were given in the
C hronicle of January 18, page 144.
We have also received by cable the figures for the
three months of the season since October 1. The spin­
ners’ takings, weight of bales, &c., are given as
follow s:

Total.

Estimated. Actual.

8 9 3 .0 0 1 '
501
4 4 7 ,3 9 3 ,0 0 0

490
4 7 1 ,3 8 0 ,0 0 0

F or 1894.
T a k in g s b y a p n n e r s . . . b a le s
A v e r a g e w e ig h t o f b a le s .lb s .
T a k in g s In p o u n d s ....................

9 0 0 ,0 0 0
502
4 5 1 ,8 8 0 ,0 0 0

1 ,2 1 7 ,0 0 0
2 ,1 1 7,00 1
4 93
4 9 6 -9
6 0 0 .2 5 3 ,0 0 0 1 ,0 5 2 ,1 3 3 ,0 0 c

ot

year. The total spinners’ stocks in Great Britain and
on the Continent have increased 41,000 bales during
the month but are now 107,000 bales less than at the
same date last season.
The cable also brings us Mr. Ellison’ s estimate of
imports, consumption, etc., for the remaining n in e
months of the season 1895-96. So far as American
cotton is concerned, the results are based on a yield of
7,000,000 bales.
The aggregate imports from all
countries during these nine months are placed at
4.415.000 bales, which is a decrease of 888,000 bales
from the amount received in the like period of the pre­
vious season. This 4,415,000 bales is made up o f
2.804.000 bales from the United States, 1,070,000 bales
from East India, 361,000 bales from Egypt, 30,000
bales from Smyrna, etc., and 150,000 bales from Brazil,
West Indies, etc. Presented in tabular form , the esti­
mate is as follows, comparison being made with the re vised results for 1895 and 1894 :
IMPORTS JANUARY 1 TO SEPTEMBER 30.

F or 1895.
T a k in g s b y s p i n n e r s ... b a l e
A v e r a g e w e ig h t
b a le s .lb s
T a k in g s In p o u n d s ..................

9 6 2 ,0 0 0

The foregoing shows that the weekly consumption is

783 now 182,000 bales, of 400 pounds each, against 177,000
1,12=
110 bales, of like weight*, at the corresponding time last

P r o fit

October 1 to January 1. Oreat Britain. Continent.

[V o l . L X U .

1,855,00<
495 3
9 1 8 ,7 7 3 ,0 0 4

1896.
A m e r i c a n ............................................................. 2 ,8 0 4 , 0 0 0
E a s t I n d i a n ....................................................... 1 ,0 7 0 ,0 0 0
E g y p t i a n ...............................................................
3 6 1 ,0 0 0
S m y r n a , <fco.........................................................
3 0 ,0 0 0
B r a z il, W . I ., & c ...............................................
1 5 0 ,0 0 0
T o t a l ................................................................ 4 ,4 1 5 , 0 0 0
I n b a le s o f 4 0 0 l b s ........................................... 5 ,1 9 7 ,0 0 0
S t o c k i n E u r o p ’ n p o r t s , b a l e s 4 0 0 lb s . 2 ,1 2 4 ,0 0 0

Actual

.
1895.
1894.
4 ,1 1 0 , 0 0 0 3 ,1 3 5 , 0 0 0
7 2 4 , 0 0 0 1 ,0 9 9 , 0 0 0
3 5 1 ,0 0 0
4 2 7 ,0 0 0
2 9 ,0 0 0
3 8 ,0 0 0
8 9 ,0 0 0
3 1 7 ,0 0 0

5 .3 0 3 . 0 0 0
6 .3 9 3 . 0 0 0
2 .3 8 4 . 0 0 0
6 9 2 ,0 0 0

5 ,0 1 6 , 0 0 0
5 ,7 8 3 ,0 0 0
2 ,2 8 1 , 0 0 0
4 1 1 ,0 0 0

According to the above the average weight of the
deliveries in Great Britain is 501 pounds per bale this S t o c k a t m ills , b a le s 4 0 0 l b s ..................... 5 8 5 ,0 0 0
b s ......................... 7 , 9 0 6 , 0 0 0 9 ,4 6 9 , 0 0 0 8 ,4 7 5 , 0 0 0
season, against 502 pounds during the same time last C o nTs uo tma pl ,tiion nb,a3le9 sw 4e 0e k0 sl...............................
7 ,0 2 0 , 0 0 0
6 ,8 7 5 , 0 0 0 6 ,6 4 3 , 0 0 0
season. The Continental deliveries average 490 pounds
S t o c k a t p o r t s a n d m il l s S e p t . 3 0 ...........
8 8 6 ,0 0 0
2 ,5 9 4 , 0 0 0 1 ,8 3 2 , 0 0 0
against 493 pounds last year, and for the whole of O f w i n c h a t t h e m i l l s ................................... 3 0 0 , 0 0 0
6 5 3 ,0 0 0
3 9 8 ,0 0 0
Europe the deliveries average 495’3 pounds per bale L e a v i n g a t t lie p o r t s , b a l e s o f 4 0 0 lb s . 5 8 6 , 0 0 0 1 .9 4 1 .0 0 0 1 .4 3 4 . 0 0 0
against 496-9 pounds last season. Our dispatch also I n a c t u a l b a l e s ................................................. 5 4 0 , 0 0 0 1 .6 0 5 . 0 0 0 1 .3 1 4 . 0 0 0
These estimates, it will be noticed, make the com ­
gives the full movement for this year and last year in
bined stocks at ports and mills in Europe on Septem ’
bales of 400 pounds.
her 30 next 886,000 bales of 400 lbs. each, or 1,708,000
1895.
1894.
Oct. 1 to Jan. 1.
bales less than at the same time in 1895. Making com ­
Bales of 4 0 0 lbs. each.
0 O7llU
Oreat
Oreat
Conti­
parison with earlier years, we find that not since 1889,
0 0 0 8 omitted.
Britain. nent. Total. Britain. nent. Total when the total mill and port stocks reached only 807,58,
595,
653,
16,
S p in n e r s ’ s t o c k O o t l .
348,
364
000 bales, has the European supply on September 3Q
T a k in g s In O c t o b e r . ..
316,
282,
598,
381,
289,
670
fallen
to so low a point as this estimate indicates.
374,
T o t a l s u p p ly ..........
O o n s u n ip . O o t ,, 4 w k s .

328,

877,
400,

1 ,2 5 1 ,
728,

397,
328,

380,

708

S p in n e r s ’ s t o c k N o v . 1
a k t n g s In N o v e m b e r .

46,
373,

477,
376,

523,
749,

69,
364,

257,
577,

326

T o t a l s u p p ly ..........
O o n s u n ip . N o v ., 4 w k s .

419,

1 ,2 7 2 ,

433,

328,

853,
400,

728,

328,

834,
3S0,

S p in n e r s ’ s t o c k D e o . 1

91,
430,

453,
521,

544,
951,

105,
384,

454,
634,

637,

1 ,0 3 4

911
1 ,2 6 7
708

BUSINESS

IN

ENGLAND

IN

1895.

[C o m m u n ic a t e d b y O u r L o n d o n C o r r e s p o n d e n t .]

L o n d o n , Saturday, January 11, 1896.

The year 1895 began amidst the most cheerful
T a k in g s in D e c e m b e r
1 ,0 1 8
anticipations that have been entertained here for a
521,
T o t a l s u p p ly ...........
974,
1 .4 9 5 ,
489,
1 ,0 8 8 ,
1 ,5 7 7 ,
long time. The depression that followed the Baring
O o n s u m p . D e o »* 5 w k s .
410,
500,
910,
410,
475,
885
crisis had completely passed away, confidence was thor­
B p ln n e r s ’ s t o c k J a n . 1
111.
474,
585,
79, .
613.
692
oughly
re-established, active business was doing upon
The comparison with last year is made more striking
the
Stock
Exchange, and a steady improvement in
by bringing together the above totals and adding the
trade
had
set
in. People everywhere looked forward
average weekly consumption up to this time for the
with bright hopes, and for a long time those hopes
two years.
were fulfilled.
Oct. 1 to Jan. 1.
1895.
1894.
The war between China and Japan was still going
Sales of 4 0 0 lbs. each, Oreat Conti
Great Conti Totai on ; bat the European Powers and the United States,
0 0 0 * omitted.
Total.
Britain nent.
Britain nent.
had not interfered. It was generally assumed that tha
S p in n e r s ’ s t o o k O o t. 1
58,
595
653
16.
348
364
T a k in g s t o J a n . 1 ___
1 ,1 1 9
1 ,1 7 9
2 ,2 9 8
1 ,1 2 9 ,
1 ,5 0 0 . 2 ,6 2 9 , two belligerents would be allowed to settle their differ­
ences in their own w a y ; for though Lord Rosebery
S u p p ly ...........................
1 ,1 7 7 ,
1 ,7 7 4 .
2 ,9 5 1 .
1 ,1 4 5 .
1 ,8 4 8
2 ,9 9 3 ,
O o n s n n ip t ’ r , 1 3 w e e k s
1 ,0 6 6
1 ,3 0 0 ,
2 ,3 6 6
1 ,0 6 6 ,
1 ,2 3 5 . 2 ,3 0 1 , had invited the other Powers to offer their good offices
S p in n e r s ’ s to i k J a n . 1.
111
474
585
79
the proposal was rejected by Germany, and nothing
613
692
Weekly Consumption
came of it. In the end peace was made. But when it
0 0 s omitted.
was found that Japan had insisted upon the cession o f
I n O c t o b e r ................
8 2 ,0
1 0 0 ,0
1 8 2 ,0
8 2 ,0
9 5 .0
1 7 7 .0
I n N o v e m b e r ...........
8 2 ,0
the Liao-tnng Peninsula, Russia induced^ France and
1 0 0 ,0
1 8 2 ,0
8 2 ,0
9 5 .0
1 7 7 .0
I n D e c e m b e r ...........
8 2 ,0
1 0 0 ,0
1 8 2 ,0
8 2 ,0
9 5 .0
1 7 7 .0
Germany to join with her in opposing that condition*.
559,

-\

J a n u a r y 35, 1896. |

THE CHRONICLE.

161

and Russia was successful. For a little while this trade continued wonderfully good, though there was a
made a bad impression in London. It was feared that marked falling off in our foreign trade, particularly in
the three Powers bad obtained excessive advantages for our exports. Daring 1894 there were many signs of a
themselves, and it was also feared that Russia was recovery in our foreign trade. But the Board of Trade
about to annex a considerable part of China. This returns did not confirm those signs.
Strangely
bad impression was increased when Russia guaranteed enough, the Board of Trade returns continued unfav­
a loan to China, raised in France, amounting to 16 orable through the first half of 1895, although the
millions sterling, Gradually, however, the apprehen­ revenue returns, the railway traffic returns, the mar­
sions excited by these events passed away, and it was ket reports and the trade- circulars all testified to a
hoped that the world could lo o t forward to a long con­ marked revival. The explanation is to he found in the
fact that there was a marked improvement in some
tinuance of peace.
But unfortunately the state of Armenia had been directions, while there was a considerable falling off in
going from bad to worse for a long time, and now the other directions. The United States had imported
Armenian agitation became active.
Even in the little for a year or two. Bat- early in 1895 American
streets o f Constantinople a demonstration was made. purchases of our goods increased rapidly, and they
Then the Armenian massacres took place, and it continued very large up to the very end of the year.
looked as if Turkey was drifting into anarchy. Sir Other countries likewise increased their purchases.
Philip Carrie, the British Ambassador at Constanti­ But on the other hand there urns a marked falling off
nople, urged strongly upon the Saltan the necessity for in the purchases for Iudian account. And while the
reform , and the British Government succeeded in in­ war between Onina and Japan lasted there was a fall­
ducing the Russian and French governments to join ing off likewise in our exports to those two countries.
with it in supporting Sir Pnilip’ s action. When matters The result was that until the very middle of the year
reached a critical stage Germany, Austria-Hungary the falling off— more particularly in the trade with the
and Italy hang back, and ramors circulated that Far East— almost counterbalanced the improvement in
Germany was endeavoring to thwart England in her other directions. Since the middle of the year, how­
action. The anarchy in Tarkey at length became so ever, there has been an unquestioned improvement in
grave that serious apprehension was excited here in the whole volume of our trade. For the entire year
London. But Lord Salisbury’s speech at the Lord the value of the imports amounted to £416,687,630,
Mayor’s banquet on the 9th of November reassured the being an increase oompared with the precediug year of
European public. H i addressed a strong warning to £6,343,820, or rather more than 2 per cent. The value
the Sultan, and he assured his hearers that the Great of the exports of British and Irish produce and manu­
Powers were acting in full accord. And he repeated factures was £226,169,174, an increase of £10,314,841,
the same statement a little later at Brighton. Other or over 4£ per cent.
governments gave similar assurances. But very little
Ia the imports the increases are chiefly in the raw
effect was produced in Turkey.
materials for manufactures. There is also, however, a
While the Powers were thus urging the necessity for considerable increase in food and drink free of duty.
reform upon the Saltan, Presilent Cleveland's Venez­ I In the exports the largest increase ia in yarns and textile
uelan message was sent to Congress.
One result of fabrics; next in unenumerated articles either wholly or
this was a general feeling throughout the United partially m anufactured; and next in machinery, mill
Kingdom that if strained relations between ourselves work and metals. As already said, the U nited States
and our American kinsmen were to follow it bshooved has very largely increased its purchases. So have Ger­
us n ot to meddle too much with Turkey. Cm se- many, Argentina, C hili, South Africa and Japan.
queutly, since then British intervention has been by There has been a falling off in the purchases by India,
no means so active as it was before. No great excite­ Brazil, Holland and Turkey.
ment wa3 caused here by the message, fo.* the public
When the year began there were very confident
refused to believe in the possibility of war between the hopes
of
a rise in prices, partly because it
United Kingdom and the United S:ate9.
B i t un­ was expected that there would be a good deal of
doubtedly there has bmn uneasiness and especially speculation in commodities, but chiefly because of
because it is feared that a belief on the Continent that the enormous increase in
the gold production
the United S ates is unfriendly to us may raise up all of the world. As a matter of fact there has been a
binds of difficulties in all parts of the world in our rise in several directions, but it has been much less
than had been anticipated. At one time there was a rise in.
path.
Shortly after the Venezuela massage was issued it wheat but it has not been maintained. There was also a
became known in London that the discontent in the rise in other grain and in seeds, but much of this likewise
Transvaal, so general among the foreign settlers, was
deepening, and that unless a more conciliatory attitude
wa3 assumed by the Government there might be dis­
turbances. Bat nobody expected that a man with so
high a character for judgment and discretion as Dr.
Jameson would be guilty of an unprovoked attack upon
the Bjers. The political apprehensions excited first
by the anarchy in Tarkey and more recently by the
Venezuela message and the raid into the Transvaal
have undiubtedly given a check to business in all de­
partments.
In spite, however, of political unrest and political
apprehensions, trade has steadily improved all through
the year. It will be reoollected that even duriDg the
depression that followed the Baring crisis the home

has been lost. The main rise lias been in wool and woolens,
in cotton and cotton goods and in iron and steel.
The low range of prices is to be accounted for mainly b y
the currency disturbances in the United States. Few people
have, ventured to speculate outside of the mining market be­
cause nobody could be sure that there would not be further
troubles because of the disordered condition o f the Ameri­
can currency. Then, again, a large number of countries all
over the world are very much embarrassed in their finances,
while the political anxieties have naturally warned all busi­
ness men not to commit themselves too deeply in new ven­
tures.
The home trade has been even more prosperous than the
foreign trade. That is shown by the revenue returns, which
are far better than the most sanguine looked for; also by
the railway traffic returns, which are exceedingly good. In
fact the railway earnings for the year 1805 all over the
United Kingdom are larger than in any, even the most pros-

162

THE CHRONIC)JLJcj.

i vol,

Lxn.

perous year to our history. The market reports and trade prosperous; nor is there any doubt either that our exports to
circulars likewise prove that the home trade is exceedingly India have fallen off. But whether they will not recover
good. So does the small number of unemployed; and like­ again in the early future remains to be seen. Meanwhile
wise the absence of complaints of distress and the general the trade has suffered from mistakes made in respect to the
American supply o f raw cotton. W hen the price of raw
contentment of the whole population.
Unfortunately, one great industry continues very de­ cotton was very low early in the year the trade did not sup­
pressed. For fully twenty years now the landed classes ply itself largely. Then when it came to be thought that
have been suffering more or less, and the past year has been the crop would be very short the trade rushed in to buy at
amongst the worst for them. Exceptional cold set in early higher prices: and now that there has been a decline in
in January and lasted almost to the end of February. For a those prices there is a natural complaint that manufacturers
considerable time out-of-door work became impossible, so cannot sell at a profit. The Continental traders were better
unusually severe for this country was the frost. When advised. They seem to have laid to large stocks when prices
mildness returned there was not the rainfall which is gener­ were low and did not buy when prices were rushed up ; at
ally looked for after a protracted period o f severe weather. all events they did not buy very large quantities.
On the other hand the woolen trade has been exceedingly
On the contrary we had a long drought, lasting almost un­
interrupted until August.
Then, when harvesting had prosperous. There has been a rise of as much as 35 per cent
begun, the weather broke for some weeks and grain of all compared with the very beginning of the year in the best
kinds was got to under unfavorable conditions. The agri­ oross-breds, 20 per per cent in the best merinos, and of 10 per
cultural classes thus suffered from an exceptionally bad hay cent in other kinds of wool. The rise has been most marked
crop, from bad green crops, from the absence of grass for a in Australian wool; but there has been a decided rise also in
considerable period of the year, and even the grain crops Argentine and South African. During the first quarter of
were deficient. As it happened, too, prices were exception­ the year there was actually a fall compared with the preced­
ally low. The average price of English wheat for the whole ing quarter. In May there was some recovery; and since then
of 1894 was the lowest on record, and the average for 1895 the market has hardened and strengthened. Mainly this is
was only 3d. per quarter higher than the average for the dne to the great purchases for America. American orders
year before. Practically, therefore, English wheat has been here have been large in nearly every branch o f trade. They
as low as ever before to our history, although crops of all have been particularly large in the woolen, trade, both for
kinds have been so bad. Farmers likewise complain of the the raw material and for the manufactured article. The
keen competition of foreigners in the meat trade, in cheese, Yorkshire woolen manufacturers have been as busy as was
butter, pork, and so on, and consequently bad weather and possible, and there has likewise been very great activity to
low prices ha ve added to their difficulties. At one time there the French and German woolen trades. To some extent the
was an active agitation—some months ago—for concessions rise has been accentuated by the short clip in Australia.
by the Government to the agricultural interest. The various There was in the winter—corresponding, it will be
political alarms that have recently occurred, however recollected, to our summer—very severe cold both
render it reasonably certain that the agitation will gain to New South Wales and in Queensland, likewise in New
nothing. Public opinion insists upon the national defenses Zealand, and much damage was done to young sheep. Then
being put to such order that we shall be safe whatever may there followed a long drought. The mortality has been very
happen.
great. There have been very few Iambs. And the want of
The coal trade likewise has been rather depressed. From food was extreme as well as the want of water. It is calcu­
the Board of Trade returns it appears that practically we lated, therefore, that the clip this year is smaller than the
exported the same quantity in the past year as in 1894; but preceding year b y about 200,000 bales; and it is calculated
there is a considerable falling oil in the value. The price of likewise that, owing to the mortality amongst lambs, the
coal is about Is. a ton lower than it was twelve months ago ; next clip will be shorter still.
and as the total production is not vei*y much short of 200
The total tonnage of new ships built to the shipbuilding
million tons, this means a very considerable loss indeed to yards of the United Kingdom has been rather over a million
the producers. As a natural consequence there has been a tons, o f which less than 40,000 tons were o f sailing vessels—
reduction in the wages o f miners in most districts. In some an exceptionally small number. Of the total tonnage built
districts the reduction has been as much as 10 per cent. about 820,000 were added to the British register. On the
There has been no falling off in the demand. Our exports other hand, about 750,000 tons were removed from the reg­
have been quite as lai'ge, the home consumption has been ister through losses, sales to foreigners, and so on. Of the
quite as large, and the consumption by steamers has been 750,000 tons removed, about 200,000 were sailing vessels. But
quite as large. The main cause, no doubt, is the increased as only 40,000 o f sailing vessels were built for the whole year,
production, and possibly also a reaction from, the exception­ it follows that nearly 300,000 tons of new steamers have been
ally high prices that- attended the great coal strike.
added to the British register. These figures refer altogether
The iron and steel trade on the other hand has been fairly to trading ships. The work done for the Royal Navy and
prosperous. There, has been a considerable rise in the price for foreign governments is not included.
The building
of pig iron, and there has been some advance in the prices would have been larger still but for the unfortunate dispute
of manufactured iron and steel, though nothing like as between employers and employed on the Clyde and in Bel­
much as in pig iron. But upon the whole the trade has been fast, which still continues. Freights during the year ha,ve
well employed; orders have been plentiful, and the prosper­ been rather disappointing. A t one time there was a great
ity of the industry has been increased by the exceptionally demand for the China coasting trade, but the supply soon
low price of coal. Partly the prosperity is due to the general became over large, and freights fell away. There has been
prosperity of the home trade, partly to the large orders for little import o f wheat and other grain from India, owing to
machinery for abroad—chiefly for South Africa—and partly the very low prices here and the comparatively high ex­
also to active shipbuilding, more particularly of war ships. change, which has seriously affected freights from India.
The general impression at this moment is that the shipbuild­ The drought in Australia has likewise had a bad effect upon
ing programmes of the great governments will be largely in­ the Australian trade, but the Argentine trade has perhaps
creased on account of the political anxieties that have been paid best o f any.
so frequent and so numerous of late, and that that will still
The money market has been unusually easy and well sup­
further improve the iron and steel trades.
plied throughout the whole year. Never perhaps since the
The cotton trade has not done very well during the year, Bank Charter A ct was passed in 1844 have there been so few
mainly owing to the falling off in the exports to India. Just and such slight changes in the rates o f interest and discount.
before the 5 per cent duty was imposed to India there were In February, 1894, the Bank of England lowered its rate o f
very large orders for cotton goods from this country. Since discount to 2 per cent. It remained so not only until the
the duty has been put on the orders have fallen off, as end of 1894 but also to the end of 1895, so that for nearly
might have been expected. It is alleged, moreover, that two years not a single alteration has occurred in the Bank
the duty acts as a protection to the Indian manufacturers; rate. Furthermore, the changes to the open market rate
that therefore the Indian milks are getting possession not have been singularly few and uninteresting. For 3 months
only of the Indian trade to the exclusion of Lancashire, but bank bills the rate has averaged only 16s. 8d. per cent, com­
that they are also gaining ground both in China and Japan. paring with 19s. 4d. per cent in the preceding year. Partly
There is no doubt that the Indian mills are very active and this has been due to the exceptionally small amount o f for-

J j j t c a e t 25, 1896.]

THE CHRONICLE.

163

eign borrowing that has taken plaoe. The only loans of any hack £5.620,000. Mexico, the W est Indies and South Amer­
importance were the United States Morgan-Rothsehild loan ica—except Brazil—sent ns £1,413,000, but took from us
in February for a little over 6 millions sterling and the Chil­ £3.178,000.
The price of silver at the beginning o f the year was only
ian loan some months later, brought out by the Messrs.
Rothschild, for 6 millions sterling. There were a few Colo­ 2~%d. per ounce. A large demand for Chili in March raised
nial loans of no great magnitude and some borrowings by the price to 29d. On the conclusion of the war between
municipal authorities at home. But these had no influence China and Japan it further advanced to 31%d. hut after­
upon the market. It is true that a very great number of wards declined to about 30%d. The highest price of the
South African and West Australian gold companies were year was thus Slic'd, and the lowest 278-lfld., the average
The total imports o f silver
formed, and were placed for the most part very successfully. being 29?sd. per ounce.
But the proceeds of those issues were chiefly employed in amounted to £10,669,000 and the total exports to £10,867,000,
purchasing machinery for working the mines. There was the imports and exports thus nearly balancing one another.
in consequence hardly any export of money on account o f The United States sent us somewhat over 8 millions sterling
these numerous issues. The currency uncertainties in the worth, or four-fifths o f the total, Mexico, the West Indies
United States, the currency experiment in India, the de­ and South America—except Brazil—sent us £1,280,000: the re­
pression in Australasia that has followed the banking crisis, mainder was received in small amounts from a great number
and the financial embarrassments of South -America and o f other countries. Of the exports, about l.1'! millions sterling
many European countries, have all contributed likewise to worth went to India, a little over 2 millions to China, nearly a
prevent very much foreign enterprise, and so have kept rates million and a-half sterling to France and over a million and a
very low. Furthermore, the political anxieties have had an quarter sterling to Russia. Before the closing o f the Indian
mints India used to import about 7 millions sterling worth.
effect.
But a very great part of the ea-e in m oney must be as- In spite o f the closing of the mints it will be seen that it un­
signed to the extraordinary increase in the gold production ' ported last- year about
millions sterling worth, or eonall over the world. It is too early yet to form any estimate i siderabiy more than half the old average. Notwithstanding
o f the actual ou tpu t; but that there lias been a Considerable that, however, the demand for India Council bills has been
augmentation hardly admits o f doubt. In South Africa the very active. In the Budget the Minister o f Finance estitotal crushings for the first eleven months o f the year were mated that he would obtain an average price o f Is. Id. per
2,099,000 ounces, comparing with 2,023,000 fo r the whole rupee during the year. For a little while the price obtained
year 1894. In Victoria the production is stated to have been I was decidedly lower, but gradually it has risen until at the
somewhere about 727.000 ounces. For the other Australian very end o f December it very nearly reached Is. 2d. per
colonies the figures are not y et forthcoming. But in Victoria rupee, and since the new year began has actually gone be­
at all events there h»> teen an Increase of over l U.'oOouno.-s: j yond that figure. The loss by exchange, as it is called, will
and doubtless there has been a very large increase in West- therefore prove much smaller during the current financial
era Australia likewise,
: year than had been apprehended, and the Council eonseAooording to tlie Board o f Trade returns the imports of 1qttently will be in a much better financial position,
gold into the United Kingdom during the year arnounted-to
The Stock Exchange was exceedingly active during the
somewhat over 38 millions sterling, while the exports but i first nine months o f the year, but the closing quarter saw a
little exceeded 21% millions sterling, so that there was a ! great fall in prices. The highest class of securities advanced
net import of almost 14% millions sterling. Nearly the whole almost without interruption from the commencement o f the
o f this vast sum has gone into the Bank o f England. At the i year to the end o f September. Consols w eft at one time as
beginning o f the year the coin anil bullion held bv the Bank ; high m
During the alarm excited b y the anarchy' in
amounted, in round figures, to 38% millions sterling. At |Turkey they' fell to 104TJ but quickly* recovered to 107%.the end o f the year the stock somewhat exceeded 48? i I On the publication o f President Cleveland’s Venezuela met*
millions sterlings, so that the Bank's holdings increased dur- sage they fell once more to 105% but recovered before the
ing the year rather more than 11 millions sterling; and dur- j year closed to 107. Colonial government securities also ading the tw o years 1894 and 1895 the increase was as much as * vaulted steadily tip to the end o f September, and New South
20 millions sterling, or about 80 per cent.
Wales, New Zealand, Queensland and Western Australia
Naturally the bankers' balances at the Bank o f England j were able to borrow here successfully. The admission by
have likewise increased enormously. At the end o f 1894 the ; several Australian hanks that they were unable to carry out
“ other” deposits—in which the bankers'balance-a re included j the arrangements under their reconstruction plans and the
—amounted to about 33 millions sterling. At the end o f ; failure of the City of Melbourne Bank had no adverse in­
last year they were about 48% millions sterling, an increase i fluence upon markets; neither had the writing off of a milo f 15% millions sterling, or almost 50 per cent. It is to be lion and a-quarter sterling o f the capital o f the Bank o f New
recollected, however, that a considerable proportion o f the ; Zealand, because of Sts heavy losses. But the political
increase belonged not to the joint-stock and private banks but alarms o f the past three months have caused a general fall
to the Japanese Government, When Russia induced France in these securities. British railway stocks and British
and Germany to join with her in comi>elling Japan to retro- I municipal stocks have all improved and have remained
cede the Liao-tung Peninsula, she guaranteed a loan o f 16 wonderfully steady throughout the recent apprehensions.
millions sterling, yielding 15 millions sterling effective, International government securities likewise advanced up
which was advanced by the great financial houses in Paris to the end o f September. Dealings in London were not
and China, and the Chinese Government has since paid over large, but there was a very active speculation in them on
the amount to the Bank of England to the credit of the the Continental bourses. The movements in French, Rus­
Japanese Government.
sian and Hungarian bonds have not been considerable.
This money is really not at the employment o f the market. Italian bonds at one time had risen from about 85 to 90 ; but
The Bank o f England o f course can use it while it remains in November they fell to 81%. Spanish bonds, which at one
in the Bank, but the Japanese Government up to the present time were as high as 79, fell to 60 in December. Ami Turk­
has not employed it in either lending or discounting. The ish “ B ” bonds, which at one time were quoted at 44, fell
fact, however, that so large a sum has been withdrawn from likewise in December to 24%. Brazilians were about 78 in
Paris and forwarded to London lias helped to emphasize the September, but have since fallen to 61.
great cheapness o f money here. It may be interesting to
Up to September tbe American market was steady, with
point out from what countries most o f the gold has been re. an upward tendency. Since then there has been a very
ceived, As already said, the total imports of the metal dar­ marked fall, which has become more accentuated since the
ing the year exceeded 36 millions sterling. Of the total, publication of President Cleveland’s message. Lake Shore
£11.182,000 was received from the United States, or not far shares have fallen from 155% to 143?£, New York Central
short o f one-third ; British South A frica sent us £8.853.000; from 103% to 94%, Illinois Central from 101 to 89% and
Australasia. £3.865,000; Mexico, the W est Indies and South Pennsylvania from 54% to 48.
But. the chief business on the Stock Exchange throughout
America—except Brazil—£1,413,000; China. £1.113.000; India.
£1,999,000; Egypt, £1,290,000; France. £1,334,000, and Bel­ the year was in mining shares, both South African and
gium, £1,020,000, On the other hand, while the United Western Australian, but chiefly South African. A very ac­
States sent us over 11 millions sterling, it took back only tive speculation sprang up in October, 1894. It continued
£3,317,000, whereas South Africa sent us £8.853,000 and took without check until May of last year, when there was a par

164

THE CHRONICLE.

tint set-back. During that period, though there was a good
deal of wild gambling, most of the purchases were carefully
made. The l>est properties were as a rule chosen, and the
issues of new comjsinies were not excessive. The buying
spread from this country to France and from France to
Germany and Austria. In June the speculation broke all
bounds and became utterly reckless, the greatest reckless­
ness being shown upon the Continent. London sold im­
mense quantities to France, Germany, Austria. Holland and
Belgium. Tie- worst business in London was the bringing
out of new comimnies. In many cases the capital asked
for was extravagantly large. In many other cases
hardly any information was given to subscribers. And in
not a few instances companies were formed privately. The
public was not told who the directors were, where the proper­
ties were situated, or what prospects there were of
Success. Tire capital was subscribed privately; members
of the Stock Exchange were then employed to deal
in it quietly; and in this way multitudes of bad concerns
were passed on to the public.
A break-down in so wild a speculation was inevitable; but
it was precipitated in October by the refusal of the London
hanks to take the acceptances of certain foreign banks doing
business in London. The London branches of these foreign
hanks have always been in the habit of accepting on a con­
siderable scale. While this was done for legitimate purposes
no objection u’as made. When, however, the speculation in
mining shares became rampant on the Continent these
foreign banks financed the operations by means of the ac­
ceptances of their London branches. Very naturally the
London banks objected that they themselves refused to find
means for the wild speculation that was going on, and yet
that they were asked to enable the foreign banks to do what
they themselves considered too dangerous. And they further
pointed out that while the European public was induced to
believe that the speculation was being conducted to a very
large extent by means of Continental capital, in reality the
capital was found in London.
The argument of the London banks was undoubtedly
right. The speculation was extravagantly great and very
dangerous. But they acted too precipitately. They would
have done more wisely if they had not been quite so prompt
and quite so decisive in their mode of stopping the specula­
tion. When the foreign banks in question found that their
acceptances would no longer be taken here they had to call
in very large sums from the great Continental markets to
take up those acceptances, and that at once precipitated the
crisis. Unfortunately the anarchy in Turkey readied a head
just at the same time. The Armenians, even in Constan­
tinople, made a demonstration in the streets, and they were
shot down and massacred unmercifully.
It is said that the Armenians, in the hope of paralyzing
the Turkish Government, organized a run upon the Imperial
Ottoman Bank—the Turkish state bank. The run took
place and lasted for a couple of weeks, but the bank was
able to came triumphantly out of the trial. It is exceed­
ingly well managed, and its credit has risen because of the
promptitude and ability with which the crisis was met.
The Turkish Government granted a moratorium to the pub­
lic, and that aggravated the troubles both in' Paris and
Vienna. A moratorium may have been necessary, but it is
certain that multitudes of great operators took advantage of
It to refuse to pay their differences, both in Paris and
Vienna, where they had speculated largely. As those dif­
ferences were not received, the brokers through whom they
dealt were unable to meet their engagements, and there
were very numerous failures in both capitals. And the fail­
ures would have been more numerous were it not that the
Messrs. Rothschild and their friends came to the relief of all
•who were in a position to deserve support.
The crisis was not so severe in Berlin as in Paris and Vi­
enna, and it was less severe still in London. The London
Stock Exchange, though certain members had acted rashly,
as a whole undoubtedly made money by the spec­
ulation, as London was the great centre where
all purchases and sales for
the Continent were
•effected. About the end of November the liquidation in
London was completed and everyone was looking for an
early recovery. About the end of December the liquidation
was completed in Paris and probably it would have been com­
pleted elsewhere also if political troubles had not occurred.

fVoL. LX 1I.

President Cleveland’s Venezeula message created so much
alarm that there was a heavy fall, attended by further losses,
and thus protracting liquidation; and Dr. Jameson’s raid in
the Transvaal has caused another scare, another heavy fall
and more losses, so that the movement will be still further
protracted. In spite of all, however, the London market is
thoroughly sound, and if political apprehension dies out
there will be an almost immediate recovery.
An interesting event during the year was the receipt by
the Bank of England early in January, 1895, of the final in­
stalment in repayment of advances made to Baring Brothers
at the time of the failure of that firm in 1890. The transac­
tion was thus closed up without loss to either the Bank or
any of the guarantors. A change of ministry occurred in
England during the year, Lord Salisbury succeeding Lord
Rosebery, but this was without effect outside of political
circles.
The complete trade figures of imports and exports to and
from Great Britain for three years are as follows :
EXPO RTS AND IMPORTS.
1894.

1893.

£
2 1 6 ,1 9 4 ,2 3 9
5 7 ,9 6 6 ,4 8 4

£
2 1 8 ,0 9 4 ,8 6 8
5 9 ,0 4 3 ,4 0 5

1865.
E xports.
H o m e p r o d u c t s ..................
R e -s h ip m e n t o f im p o r t s .

£
2 2 6 ,1 6 9 ,1 7 4
5 9 ,9 7 0 ,7 6 3

T o t a l e x p o r t s ...................
I m ports.
T o t a l m e r c h a n d i s e ..........

2 8 6 ,1 3 9 ,9 3 7

2 7 4 ,1 6 0 ,7 2 3

2 7 7 ,1 3 8 ,2 7 3

4 1 6 ,6 8 7 ,6 3 0

4 0 8 ,5 0 5 ,7 1 8

4 0 4 ,6 8 3 ,1 7 8

E x c e s s o f im p . o v e r e x p .

1 3 0 .5 4 7 ,6 9 3

1 3 4 ,3 4 4 ,9 9 5

1 2 7 ,5 4 9 ,9 0 5

The imports by months have been as follows :
I m ports.
r a n u a r y ...........
F e b r u a r y ____
M a r c h ................
A p r il...................
M a y ................... ..
J u n e ................... .
J u l y ....................
A u g u s t ..............
S e p t e m b e r ___ .
O c t o b e r .............
N o v e m b e r ___
D e c e m b e r ........

1895.
£
3 6 ,7 5 3 ,0 6 8
2 8 ,1 3 4 ,4 8 9
3 5 ,9 8 0 ,5 9 0
3 4 ,3 4 1 ,3 5 8
3 4 ,7 5 2 ,0 8 6
3 3 ,8 8 4 ,5 8 4
3 5 ,1 2 8 ,1 4 2
3 4 ,6 1 1 ,3 0 5
3 0 ,6 1 8 ,8 5 4
3 6 ,8 5 4 ,1 6 8
3 8 ,9 7 1 ,1 6 1
3 6 ,9 6 7 ,5 0 5

1 2 m o n t h s .. 4 1 6 ,6 8 7 ,6 3 0

1894.
£
3 8 ,4 5 8 ,6 1 3
3 3 ,9 8 4 ,0 8 5
3 5 ,3 2 7 ,0 3 7
3 5 ,0 1 5 ,7 8 1
3 4 ,1 3 4 ,0 6 0
3 4 ,2 2 9 ,6 7 9
3 1 ,8 3 5 ,5 5 3
3 1 ,6 3 8 ,5 2 1
3 0 ,2 4 0 ,4 6 1
3 5 ,6 6 8 ,3 8 5
3 5 ,2 3 4 ,1 4 9
3 3 ,0 7 0 ,4 8 0
4 0 8 ,3 4 4 ,8 1 0

Difference.

Per Ot.

£
— 1 ,7 0 5 ,5 4 5
— 5 ,8 4 9 ,5 9 6
+ 6 5 3 ,5 5 3
-6 7 4 ,4 2 3
+ 6 1 8 ,0 2 6
— 3 4 5 ,0 9 5
+ 3 , 2 9 2 ,5 8 9
+ 2 ,9 7 2 ,7 8 4
+ 3 7 8 ,3 9 3
+ 1 ,1 8 5 ,7 8 3
+ 3 .7 3 7 ,0 1 2
+ 3 ,8 9 7 ,0 2 5

— 1 7 -2 1
+ 1 -8 5
-1 -9 1
+ 1 ’87
-1 -0 0
+ 1 0 -3 4
+ 9 -3 9
+ 1 -2 5
+3*32
+ i0 -6 0
+ 1 1 -7 8

+ 8 ,3 4 2 ,8 2 0

+ 2 -0 4

-4 -4 3

i h e e x p o r ts b y m o n th s h a v e b e e n as fo llo w s :
1895.
E xports.
£
J a n u a r y ............
1 8 ,2 2 4 ,2 3 6
F e b r u a r y ......... 1 5 ,9 6 8 ,3 9 5
M a r c h ................
1 8 ,5 2 3 ,0 3 0
A p r i l .................... 1 7 ,2 5 2 ,3 1 1
M a y ..................... . 1 8 ,3 4 4 ,7 4 4
J u n e .................. .. 1 7 ,8 0 0 ,1 0 0
J u l y ....................
2 0 ,5 5 9 ,4 8 6
A u t p is t .............. , 2 0 ,4 8 1 ,4 9 5
S e p t e m b e r ___
1 9 ,4 6 1 ,9 4 0
O c t o b e r ............. 2 0 ,8 2 8 ,8 6 6
N o v e m b e r ___
1 9 ,5 4 0 ,3 3 3
D e c e m b e r ........ 1 9 ,1 7 9 ,5 3 8
1 2 m o n t h s .. 2 2 6 ,1 6 9 ,1 7 4

1894.
£
1 8 ,1 5 1 ,8 8 0
1 7 ,6 7 9 ,4 4 9
1 8 ,0 9 8 ,9 0 3
1 7 ,5 5 9 ,8 7 6
1 7 ,4 8 4 ,2 1 2
1 7 ,9 0 9 ,1 5 5
1 8 ,3 9 8 ,5 3 6
1 8 ,5 8 1 ,2 4 0
1 7 ,5 9 9 ,3 2 0
1 9 ,1 4 7 ,9 9 6
1 8 ,0 8 3 ,0 8 7
1 7 ,5 0 0 ,5 8 5
2 1 5 ,8 2 4 ,3 3 3

Difference.
£
+ 7 2 ,3 5 6
— 1 ,7 1 1 ,0 5 4
+ 4 2 4 ,1 2 7
— 3 0 7 ,5 6 5
+ 8 6 0 ,5 3 2
— 1 0 9 ,0 5 5
+ 2 ,1 6 0 ,9 5 0
+ 1 , 9 0 0 ,2 5 5
+ 1 ,8 6 2 ,6 2 0
+ 1 ,6 8 0 ,8 7 0
+ 1 ,4 5 7 ,2 4 6
+ 1 , 6 7 8 ,9 5 3
+ 1 0 ,3 4 4 ,8 4 1

Per Ot.

+ 0 -3 8
— 9 -6 7
+ 2 -3 4
-1 -7 5
+ 4 '9 2
— 0 -6 0
+ 1 1 -7 4
+ 1 0 -2 2
+ 1 0 -5 8
+ 8 -2 5
+ 8 -0 5
+ 9 -3 9
+ 4 -7 9

The re-exports of foreign and colonial produce by months
show the following contrast:
1895.
R e -e x p o r t s .
J a n u a r y ............
F e b r u a r y .........
M a r c h ..................
A p r i l .....................
M a y ........................
J u n e ......................
r u l y .......................
A u g u s t ................
S e p t e m b e r ____
O c t o b e r ..............
N ovem b er. ...
D e c e m b e r .........

12

m o n t h s ..

Difference.

1894.

£

Per Ot •

£
3 ,8 8 7 ,2 5 8
4 ,4 0 7 ,* * 2 4
4 ,8 4 6 ,5 9 9
6 ,6 0 8 ,3 6 2
5 ,2 1 5 ,7 8 5
5 ,2 6 5 ,7 7 3
4 ,7 8 9 ,9 5 1
6 ,1 8 9 ,7 0 2
3 ,9 0 7 ,8 3 6
5 ,4 6 0 ,4 0 4
4 ,1 6 1 ,0 7 0
5 ,0 2 7 ,4 4 6

4 ,3 4 6 6 4 3
5 ,0 5 1 ,7 2 0
5 ,3 4 2 ,8 3 6
4 ,8 1 0 ,3 6 2
4 ,9 0 4 ,1 0 8
5 ,1 9 8 ,1 8 0
4 ,2 8 9 ,7 6 4
5 ,1 2 7 ,3 8 0
3 ,8 1 0 ,6 1 6
5 ,8 3 1 ,6 3 8
4 ,4 2 5 ,3 2 6
4 , 8 2 ', 8 6 1

£
— 4 5 9 ,3 8 5
— 6 4 3 ,8 9 6
— 4 9 6 ,2 8 7
+ 1 ,7 9 7 ,7 5 3
+ 3 1 1 ,6 7 7
+ 6 7 ,5 9 3
+ 5 0 0 ,1 8 7
+ 1 ,0 6 2 ,3 2 2
+ 9 7 ,2 2 0
+ 3 7 1 ,2 3 4
— 6 1 ,2 5 6
+ 1 9 9 ,5 8 5

— 1 0 -5 6
— 1 2 -7 4
— 9*29
+ 3 7 -3 7
+ 6 -3 5
+ 1 -3 0
+ 1 1 -6 5
+ 2 0 -7 2
+ 2*55
— 0 -6 3
-1 -3 8
+ 4 -1 3

5 9 ,9 7 0 ,7 6 3

5 7 ,9 6 1 .5 3 4

+ 2 ,0 0 9 .2 2 9

+ 3 -4 6

The quantities and values of textile exports from Great
Britain for the last three years are given irftlie following table:
EXPO RTS O P T E X T ILE F A B R IC S
Y ear’s E xports.
Q u a n t it ie s .
C o t t o n y a r n .................lb s .
P i e c e g o o d s .........y d s .
J u t e y a r n ..................... lb s .
P i e o e g o o d s ......... y d s .
L in e n y a r n ...................lb s .
P i e o e g o o d s .........y d s .
W o o le n y a m ............... lb s .
W o o l e n t i s s u e s ......... y d s .
W o rs te d t is s u e s ....y d s .
V alu es.
C o t t o n y a m ........................
P i e o e g o o d s .................
J u t e y a r n .............................
P i e c e g o o d s . . . . .........
L i n e n y a r n ...........................
P i e o e g o o d s ................
W o o l e n y a r n .......................

Woolen fabrics..............
W o r a t e d f a b r i c s ................

1895.

1894.

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

2 3 6 .1 2 1 .0 0 0
5 ,3 1 2 ,3 6 2 ,9 0 0
3 4 ,9 2 8 ,3 0 0
2 3 3 ,4 7 1 ,3 0 0
1 5 ,5 4 0 ,1 0 0
1 5 6 .2 5 4 .0 0 0
5 3 ,0 1 5 ,6 0 0
4 0 , 9 2 2 ,0 0 0
1 1 0 ,6 7 4 ,1 0 0

9 , 2 9 2 ,5 9 4
4 6 ,7 8 0 ,5 0 0
3 5 6 ,1 1 8
2 ,1 7 1 ,4 8 1
9 6 5 ,4 6 7
4 ,0 8 2 ,5 5 9
5 ,3 7 4 ,8 8 3
6 ,2 0 2 ,1 7 8
1 0 ,2 4 0 ,5 8 2

9 ,2 8 5 ,6 4 5
5 0 , 2 1 1 ,3 2 3
3 7 6 ,0 8 4
2 , 0 4 7 ,8 4 9
9 3 9 ,2 0 2
3 ,4 6 2 ,4 9 8
4 ,7 1 8 ,2 0 5
4 ,5 6 9 ,5 3 3
6 ,6 6 5 ,6 0 6

£

£

1893.
2 0 6 .5 4 6 .3 0 0
4 , 6 5 2 ,2 1 7 ,4 0 0
2 9 .3 4 6 .0 0 0
2 6 4 ,9 7 2 ,7 0 0
1 6 , 2 5 9 ,3 0 0
1 5 8 .3 3 5 .3 0 0
5 0 .0 9 9 .0 0 0
4 6 ,6 0 9 ,8 0 0
1 2 9 ,9 2 8 ,8 0 0
. £
9 ,0 5 5 ,5 0 2
4 7 ,2 8 1 ,6 4 2
2 9 8 ,4 1 8
2 ,3 5 2 , 3 8 9
1 ,0 0 5 ,1 0 2
3 ,6 0 3 ,6 6 1
4 , 5 3 1 ,8 3 2
5 , 2 1 6 ,3 7 3
8 ,1 2 8 ,4 4 2

THE CHRONICLE.

January io , 1896.j

The exports of iron and steel from Great Britain have been
as below each year since 1873:
EXPORTS OF IRON AND STEEL FROM GREAT BRITAIN,

Pig Iron.

.

Rails.

Des$ J X n J

Tons.
Tons.
Tons.
Tons.
1895..
.
1,513,537
458,031
866,581
2,838,149
1,393,771
1894..
.
425,242
830,985
2,649,998
1,457,905
558,375
2,856,574
840.294
1893..
.
1.504,223
468,003
1892..
.
767,053
2,739,279
840,035
1,697,844
702,247
1891..
.
3,240,146
1,820,731
1,035,431
4,001,430
1890..
.
1,145.263
1,905,919
1,039,892
4,186,182
1.190,371
1889..
.
1,910,242
1,020,002
1,036,319
3,966,563
1883..
.
1,973,075
1,011,779
1387..
.
1,158,174
4,143,028
1,605,289
739,651
1886..
.
1,044,257
3,389,107
1,455,475
71-1,276
1885..
.
960,931
3,130,682
1,497,439
1884..
.
3,496,901
728,540
1,269,576
971,165
1,508,095
1883..
.
4,043,308
1,564,018
1,658,531
1882..
.
936,919
4,353,552
1,758,072
1,517,458
820.671
3.S20.315
1381..
.
1,480,198
1880..
.
1,466,055
1,032.343
693,696
3,702,993
1,196,170
1879..
.
463,878
1,223,436
2,883,484
933,193
441.384
2,296,860
1878..
.
924,646
497,924
1877..
.
965,285
831,442
2,346,370
899,309
1876..
.
414,556
2,224,170
910,905
1875..
.
947,827
545.981
2,457,306
963,498
621.741
__________________________________________________________
2,487,522
782.665
1874..
.
776,110

The situation of the Bank of France as to its stock of gold
and silver, according to the last returns of each month of
1898, 1894 and 1895, was as follows, stated in pounds sterling:
GOLD AND SILVER Hi BANK OF FRANCE.—{00,000s omitted. ]
1894. Gold, aur r Total 1a»l.
Jan. St
Feb.
Mar, 2S
AprtlSS !•?,« | *SM

Mar » ;
June 27:
July -.'5
Ang.»
Sepc. »
Oct. 31
Nov. 28
Dec, S0

eax 1 m,a
81.8 : M>,»

SJ.0 f
Sljl 20,i
m s 50.0
n,t> m s
78,3 10.4
40,6.
w

tsi.c 8«| 7*5.1
ns
.130,®
1S7.7
if)
i n a >'©r. W\ n 4
tsa,i nm. n ‘ m s

' M .0'118,8
50.6 J118,4
» , « j 118,5
5*1.8 j 119.0
J0.S 11",y

1 6 5

BANK OF ENGLAND RATE OF INTBRBST.

Tear.

Kate Number
per of days.
cent

1887,
Jan. 1 to Feb.
.
Feb.
Mar.
.
Mar.
A[il,
.
A pi, 28 to Aug. 4,.
Aug. 4 to Sept 1 .
Sept. 1 to Deo. 31 .

5
34 days
4
35 days
3*3 14 days
3
21 days
14 days
2is
2
98 days
3
28 days
4
121 days

Tear,

Rate Number
per of days.
cent.

1891.
Jan. l to Jan. 8 5
7 day®
Jan. 8 to Jan. 22. 4
14 day®
Jau. 22 to Jan. 29 3%
7 days
Jan. 29 to Apr. 16 3
77 Faye
Apr. 16 to Mar 7. 3*a 21 days
May 7 to May 14 4
7 day®
May 14 to June 4. 5
21 day®
June 4 to June 18. 4
14 flays
June 18 to July 2 . 3
14 day®
Tear’s average__ . 3-34 365 days July 2 to Sept. 24. 2^3 84 days
1883.
Sept. 24 to Oot. 29 3
35 day®
Jan. 1 to Jan. 12.. 4
12 days Oct. 29 to Deo. 10 4
42 days
Jan. 12 to Jan. 19. 3%
7 days Dec. 10 to Dec. 31 3*3 22 days
Jan. 19 to Feb. 16. 3
28 days
Feb. 16 to Mar. 15. 12*8 28 davs
Tear's average___ 3-32 365 days
56 days
Mar. 15 to May 10.
May 10 to June 7 3
28 days
1892.
63 days Jan. 1 to Jan. 21 38s
2%
21 days
3
35 days Jan. 21 to Apr. 7. 3
77 days
Sept. 13 to Oct. 4. 4
21 days Apr. 7 to Apr. 28. 2%
21 days
88 days Apr. 28 to Oot. 20. 2
Oct. 4 to Deo. 31. 5
! 75 days
Oct. 20 to Dec. 31 3
72 days
Tear's average.. 3-30 366 days
Tear’s average... ¥ 5 2 366
1899.
a da ys
Jan. 1 to Jan. 10. 5
9 days i
1893.
Jan. 10 to Jan, 24 4
14 davs Jaa. 1 to Jan. 26 3
26 da ys
7 <1aye Jan. 26 to May 4 2*8 98 day®
Jan, 24 to Jan, 31 3%
Jan. ,'iltoA p l. 18. i 3
77 days n ay 4 to May 11. 3
7 day®
Apr. 18 to Aug. 8. 2% 112 days May 11 to May 18. 3*s
7 da,®
Aug. 8 to Aug. 29. 3
21 days May 18 to J une 8 4
21 d a ys
Ang. 29 to Sep. 26. 4
28 days June 8 to June 15. 3
7 day®
S‘-pi. 26 to Deo. 30. ' 5
95 days June 15 to Aug. 3 2%
49 <’ay»>
Dec, 30 to Dec. 31 6
2 days Aug. 3 to Aug. 10. 3
7 days
------- ---- Aug, 10 to Aug. 24 4
14 d a y s
VearVtiverage.... 3*58 365 days vug. 24 to Sept. 14. 5
21 days.
1890.
8ept. 14 to Sept, 21 4
7 days*
Jan. 1 to Feb. 20. 8
5o days Sept. 21 to Oet. 5. 3>.
14 d a y s
Feb. 20 to Mar. 6. a
14 day-' Oct. 5 to Deo. 31. 3
87 day®
Mar. 6 to Mar. 13. 4%
7 days
Mar, 13 to Apr, 10, j 4
28 days’ Tear’s average___ 3-0ti 365
3 day®
Apr, 10 to Apr, 17. 3*9
7 days
Apr. 17 to June 26 i 3
70 days
1894.
Juno 26 to July 31 i
35 days' Jan. 1 to Feb. 1,1 3
32 day®
July 31 to Aug. 21 5
21 days Feb. 1 to Feb. 22 [ 2%
21 day®
Aug. 21 to Sept. 25 4
35 days Feb. 22 to Dee. 31 2
3
Sept. 25 to Nov, 7. li
43 days
Nor. 7 to Dee 4. 6
1 27 days
Year’saverage___ 2-11 265 days
Deo. 4 to Dec. 31 5
29 day »
1495.
Tear's average___ 1-52 165 days Jan. 1 to Dec. 31.' 2
3 day*
365

In the table M o w will be fo u n d a valuable comparison o f
The appended table, made up from the official statements
o f the Bank of England, shows the position of the Bank as the highest, lowest and average price of silver in London
regards bullion, reserve, etc., on each Thursday of the year. for each of the twelve months o f 1893, 1894 and 1895:
PRICE OF SILVER FOR TURKU TEARS.

BANK OF UNOLAND 1ST I #05.—£l)0,000s omitted. 1
id
! WS j
1895. ! 2^9 |Mg
‘A s \ p
1

i [ IJEFIMITS.
a
f ©
2
j J 1 2*
&
l

1

b*
M

4
\ 3. f s i
e s «
7 ——
*
: 5
'
J S3'

1S05.

1

1804.

1893.

to* . *. . .i *vet. .ttgb. l> <- . Xt&r | iligli.
Aver,1. I 0d. * d.
.7.
(1.
! d. 1 d.
a.
Jan.......27*,, 27-he 27% 3 1 h 30*3 :u% ; 38%a 38%
Fr.ct ?Fr.et. Feb........ 27it 1 27 >, 27*3 3*t-*,f 27% 2!Kt;e ’ 38*a 38%
March-... 29 % 7% 2S*i, 27’ s 27
i27» a 3s i*s 37»la 38%.
1 *2
29% 29% ;28% i 38^ « 377h 38
21.',, 80'
. “ e April......307
May.......30'.
30*4
30%
291*
2 9 1 ,0 a sn ,, 3p*l0 37% 38>,&
! h
‘i8P>i*s 23%d 2S 1 ,0, 3g% 30
June...... 30*1,« :U6h
371*
%
July.......30%, 3CP,*. 301 „ 281bps 2*7* ’JSllio 341(* 32% 33%
1 :,4
Aug.......30*,,; 30*4 30t* ! 30% 28li,«;20% >84% 32 >„ 33K-w:
1
Sept.......;;u»,
30’ !.-, 30 (3 130 H 20-ho 20“l« j 34*- 33% 3*1%
: lb
....
:
30% 301S„| 29 'if* 2 8 2 9 %
34% 31% 33%.
i 1%
NOV__
_
31
30% 3013,. 29»I« 28% :2818,«| 32% 31% 32%
f 1%
Dec........
30
30
|
307„
j
28%
27“,a
27%
;
32%,
31% 32
the
m
Tear.
’31% 27%- 129% ’ 31% 27
2814 „ 38% 30
35%
m

£ i £
£
M j £
1 £
i £
25,9 : 33,1
6,0 j 38,2
14,7 24.0
24.0
25t5 33,9
0,3 13 f ,8
10*7 121.3
25,2
25,2 ! m s
6,0 35*5
18,1 i 17,4 i 26*2
:
25,0 '
6,3 34,3
14,5
17,0
27.1
24,9 ; m ,o
0.3 35J
12,9
17.7 ; 27,8
25,1 l 38.8
8*7 33.8
12,5
17,7 128*5
24,7 37,0
7,9
33,2
12*5
17,7 : 29,1
24.(1 37*5
32, i
12,5
0.4
17,8 29*7
-’4.8 37*1
12,5
29,1
10,2 32,1
18,3
Mar. 6 . 23.1 37,2
10.4 32,2
12*5 10,5
28 0
“ 13 24,0 37,0
10,6 30*5 12*5 18,1
29,9
** 2 *> 2 1,7 37,4
12,1
19.7
12,3
29,5
** 27.. 25,3 37,7
*2
12,5 31,8
12,5 31.0
Apr. 3.. 2'Vl 37.7
10*9 32,0
12,5 20,4 28.1
“ ID.. 20,3 ‘M , 7
7,7 81*9 12*5
17,8 27,1
" 17. 26.0 38.3
7*9 22,4
12*0 18,0
2-1 26,0 37,5
8,3 MM
12,8
18*5 28,3
May 1 .. 26,2 37*0
7,7 31.0
12,1* 10,0 27,0
" 8.. 20,2 36,9
13,4 18,0
33,9
25.8 37,0
8,1
34.9
13,4
10,7 -'*7 f|
23,5 37,2
9,3
34*7 13,4
19,0 29,4
25.9 37*5
9,2 35,5
13,0 20,4
28,5
June 5.. 26,1 37,0
8,7
1 ;,o
20 5
m .s
“ 12,. 25,5 37,4
8.0
37,5
13,0 20*6 29.7
“ u*.. 25,4 m ,i
9.0
37,8
13,9 21,1
29,6
" 26.. 20,1 m , 0
37,3
I t,0 24 3
9.1
28,7
July 3.. 26.3 37,S)
9,8 j?.**
14.5 22,5 28,4
“ t o .. 20,7 37,5
6,0
10,0
U ,l
* 17., 26, i 37,5
6,7 40,9
1 1.2 23,5
27,9 1
*’ 24.. 26,2 37,0
8,0
11,3
14,2 23,4 29,5 |
44 31.. 26.9 38,1
6,8
li.:i
•1,7 23,7 29,1 s
Aug. 7 26.* 38,1
5,5
43,0
14,8 23,0 28.1
4< 14., 26,4 30,0
5,7
a. i
14,8 23.9 29,4 !
■* 2 1 -. 26,5 40,4
7.1
41,7
14,8 24,3 30,8
4* 28.. 26,3 41,2
6.8 45,9
11,9
24,2
31,7
Sept, t 20.5 41,6
6.1
46,9
14,8 ' 21.7 31,9
11 11 . 2(1,3 41,0
6,0
47,5
14,7 24,6
32,4
M 18.. 26.2 42.9
6,8
18,8
14,9 25,5
33,4
“ 25.. 25.0 13,7
7,4
4s,7
14,8
25,0 i 34,0
Oet. 2 .. 27.1 42,9
47,6 ! 14,8
0,7
25,3 32,8
M I).. 27.9 41,7
5,3 50.3 : 1R..7 25,1
31,8
" 16.. 26,5 41,2
4,7
16,2 25.2 ; 31,4
50,4
“ 23.. 26,1 41,5
4,8 50,0
1.7,1
25.5
32.2
4,7
50,0
J ' 3 0 -1 26,2 41,7
32,3
IS,2 25.5
Hot. 6., 20,2 40,9
4,6
49.4
i 1,9 23,6 31,5
“ 13.. 25.9 40,0
5,1 49,2
31,9
14,8
25.7
“ 20.. 25.5 41,5
7.1
49,8
14,8 27,0 32,9
27., 25,5 42,6
7,5
49,5
33,9
1 1,9 26,1
Dec. 4.. 25,8 44,3
50,4
7,7
14,8
35,3
25,8
" 11,. 23.8 ■<4,7
7,7 51,2
14,8
2r.:»
35,9
“ 18.. 25,7 44.6
s,a
50,0
14,8 26.5 35,7
*r»
“ 25., i 26.3 43,6
9,4
48,5
14,9
26,6 34,2
* No change since Feb. 22.1894.
Jan. 2.
** {),.
*• 16..
*4 23...
" 30..
Feb. ft
** 13..
" w .,

SILVER. !

m
i»ia

11«
Hjg
v

» «
V
et«
'<•«
VL8
life
•V
%
%

Stock E x c h a n g e C l e a r i n g - H o u s e T r a n s a c t i o n s , — T h e
jubj. fined statement shows the transactions of the New Y o rk
Stoik Exchange Clearing-House.
•TOOK EXCHANGE 0 LEASING HOUSE TRANSACTIONS,

.— Short*. bora tide*.—>
Cleared. Total Value,
18949
Year....... 1S7.SU.SOO 11,131,011,000
<*SI5~
t»n«sry„. rn.5m.mo 806,2130,000
fefem&ry*. 13,03<>.3OO 7SSU00.OOO
VIarch. ..
MG?*500,<400
15,7:K« 200 1.004.800.000
April.—
S.2AJ pfif
;<«r...... 2l7.:«s.on6
June,..,..,
1.101,300*000
Laly....... ■.‘C.iTif, 100 1.45',975.000
AuguM.. . 1A.M0.100
. _ 24.73S.aOO
September
O ctober... l l f . i V f > 1,960^00,009
November LS.0J4.tfS) 1,225,000.000
1.045.700.000
December

T o t . w k . 3 ,0 5 6 ,5 0 0 2 0 3 , 2 0 0 ,0 0 0
W k !a * t y r 3 ,0 4 9 ,0 Q 0 1 9 5 ,1 0 0 ,0 0 0

(Ct,700,000

1,091.000

U4U.00
86.400.000 1,01*1400
04.300.000 garni,wo
rUMJKiO
10.004 4,167.000
ajojo.lOO 114,600,0*0 1,3*1,000
2.315,1)00 1-2, *0<i, •<> 2.101,100
097,600

1.710,600

1,976.200
2.7*2,000

127,000,'"HI 1 991,300
110.4(l*.000 2,211,500

2, fl«l.»00
C.071,IN>.)

1211.800.000 _________
3.1S8.600 ______

■z.vnjsoo

T e a r.... 2:n,?‘XU 0 11.yy 1.175.000 21.0*0,760

Shares, oath sides.—*
Cleared, Total Value,
%
$
»:«
»,a Jan. 13.. 770,400 52.100,000
14.. 594,300 37,000,000
4
15 . 572,900 33,400,QUO
®a
16.. 592,000 38,000,000
H)S
17.. 589,000 34,700,000
1 34
Te*. wit.,3,068,600 195,200,000
m>
1316 Wltla*tyr3,078,400 218,800,000
13«
is }. Jan. 20.. 943.700 59.700.000
' 21.. 482,0**0 31.200.000
1
• 22.. 538.800 36.300.000
Wts
' 23 . 510.800 36.200.000
' 24.. 551,400 39.800.000

In the subjoined statement we show all the changes in the
Bank rate in each year from 1887 to 1895, inclusive;

—
-Balance*, om wide- — -% SheetsShares, Value Shares, Cash. VlmreS $
$
14,959,300 872.270,000 20,501.000
S

113.800.000 1.572.300
91,400,01)0 1,523,400

310.800,» 0 22.201.200

50(18

------- Balance*, one tide — — , Sheet*?,
Share*. Value Share*. Oath. Cleared,
*
s
77,800 4.500.000 72.200
330
313
70.200 3.600.000 58.300
314.
63.200 3.200.000 42.300
61,500 3.200.000 53,800
2914
290
5 1,300 2.800.000 66.200
329,000
233,400
98,700
61,900
54,2 0
51,100
4 1,000

17,300,000 289,900 1 ,5 5 0
15,000,000 353,800 1,454.
332:
5.200.000 100,300
28 3.
2.800.000 32,700
299*
3.200.000 36,010
3.000.
000
65,000
308
205. 0
3.000.
000
39,8

304,800 17,200,000 271,300 1 ,5 2*
256,400 14,400,000 296,900 1 ,4 3 9

THE CHRONICLE.

166
THE

NEW

YORK

MONEY

M ARKET

[Y ol . LX1I.

FO R

S IX

YEARS.

We have compiled in a convenient form, from our own journal and from the books of money brokers, and
give on the pages which follow, a comprehensive record of all departments of the New Y ork money market for
the last six years. This is the first attempt ever made to preserve that department of business affairs in a shape
fitted for ready reference. The little table we have heretofore published annually was so incomplete as to be
of scanty use.
We have often had calls on us for a work of this kind. Every one will readily see how important it is to
the student of economic subjects. In connection with the international conferences held respecting silver the
demand for a record covering the years since 1873 was very pressing, but we could not supply it, and indeed the
details for those years would be beyond any one’ s reach now. A m ong bankers, and less often, but at times,
among merchants, this compilation will have a more practical value. Even lawyers in the conduct of their
litigations in relation to mercantile and banking affairs often need the record. But aside from these special calls
for the data here given, there are many other purposes for which a knowledge of the money market in past years
is frequently desired. It is well enough to add that the monthly summaries of the money market to be found in
the “ Retrospect,” published in the number of our journal issued the first Saturday of each year, should b9 con ­
sulted. These tables used in connection with those recitals of each month’ s events affecting money present the
loan market and the influences affecting it in most complete form.
The tables require but little explanation. As will be noticed, we first give the call loan branch of the
market— that is the range at the Stock Exchange for each week, the week’s average rate, and the minimum
rate at banks and trust companies ; by the range of course we mean the highest and lowest extremes for the
week; it may happen that in any given week the transactions at either extreme may have been very small. It is
for this reason that we show in addition to the range the average for the week. This average cannot of course
be determined with absolute accuracy, but we have sought to furnish as close an approximation as possible.
Following call loans we give time money; under that head we report separately transactions at 30 days, 60 days,
9> days and four, five, six and seven months— all representing choice collateral. Finally, the rates for commer­
cial paper are presented. First among these are double-name paper divided into choice 60 to 90-day contracts
ordinarily known as bills receivable, and choice 4 months paper, known as commission house acceptances.
Following the double-name are single-name paper; here it will be noted that in 1894 two new classes are en­
tered, making three classes of single-name paper as against only one class in previous years. This change grew
out of a new practice by commission houses in dealing with acceptances of consignors. Theretofore commission
houses had issued acceptances covering drafts made by consignors which are classed choice 4 months doublenamed paper, a3 noted above ; but in 1894 the same houses began to give cash to consignors and issue their
single-name notes, upon which they received cash in the market, and these are termed prime 4 months and prime
6 months commission house names.
A few of the older houses still continue to issue double-name acceptances.
MONEY MARKET AT NEW YORK—RATES IN
1895.

CALL LOANS.

TIME LOANS.

At
At
30
Ran ksdKEEK jStock Exch'gc Trust Co days.
Ending \Range. a c yt Range. Range

60

90

days.

(lays.

Range.

Range.

1

5. 1 —1*0 1*4 1*2—2 [0 _
12. 1 —1*0 1*1 1*2—2 2 _
19. 1 —1*2 1*8 1 —l*o 1*2—
26. 1 —1*2 1*8 1 -1*2 0 _
Fel). 2 1*2—3 O •2 __21.>[to _
9. 1 -2
1*0 2 —2** [2 —
16. 1 —2*2 1**1 2 —2*o 0 _
23 1 —1*2 1*4 1 —2 2 _
Mcli. 2. 1 —5 1*2 1 —2 2 _
_
9. 1*2—3 O 2 —
3
_
16 1*0—3 2*4 2 —
3
23. 1*2—3 3*4 2*o—3
_
30 2 —3 2*2 3 —3*2
_
Apr. 6. 2 —3 2*2 2*o—3
13 2 —3 2*2 2 —2*0 _
20 1lo—2*o 2 ^ 2 —2*2
27. 1*2—2
1*u 1*2—2 0 __
May 4 l —2 1*2 1*2—
11 1 —1*2 1^8 1*32 —
18 1 —1*2 i*i 1 — 2 _
25 1 —1*2 1*4 I -1*2 2 _
June 1 1 —1*2 1*4 1 —
i*o—2
H- 1 —l*o 1*H
l*o—2
15 1 —1*0 1*H 1 —
l*t>—2
22. 1 —1*2 1*8 1 1*3-2
1 -1*2 1*1 1 —‘
1*2—2
July 0 1 —3 2 1*31*2—2
0_
13 1 -1*1! r*8 1*220 1 —1*2 1*4 1 -l*2l 0 _
27 l —1*2 1*4 1 2 —
Aug. 3 1 -1*2 I*fl 1 —
210
1‘2 1*6 1 _
1*2—
1 1 17 •U-l
1*2—
24 1 —
1 1 1*3]
1l.w31 1 —
1 8cpt. 7. 1 —
1 1 1*2—
14 l —3
1*0—
1*3 1 ~
21. 1*2-3
1*2—2*3 0 _
28. 1*2-3
T"H 2 2 —
1
U
—
0
1
.J
0
_
Oct. 5 ;
2 12.! 1 -3 1 2*4 2 - 3 2*3—
1!) 2 -2*2 2*4
2*326. 2 -2*-. 2*8
2*0—
Nov. 2 2 —2*oj 2*4 2 —2*o 2 _
9 > —2*o 2*8 > _
0_
16.! 1L>—2 j 2 fio—
2 I2 _
23.11*5—2 j 13, [*o—2 ,2 _
30 |*0—2*0
2 —2*o 2 _
Dec. 7. 1*2—3 1 2*4 12*2—
3 12*2—
14 IJo—2W
2*2—
21 i -100 7 1*2—23 I7 —
5
28.' i —no 0 1i — 1 $ —
Jan.

2 *o—
2 *o—

F ou r | Ft vc | S ix j S v en .
Months. Mon Ihs.'M on th s.' M onth

Range

C O M M E R C IA L P A P E R .

I D ouble-nam -\
i C hoice Choice
160 to 90 F o u r

Ra ngc. \ Range. Range. jj days.

P rim e 1 P rim e
Four
S ir
Months. M onths. M ouths. .

3 —3*2|3 —3*0 1 2 3 4 -3
3 -3*2 3 —3*o 3*2—4 4*2—7
3 3*2 3 - 3*0 2%—3 3 —3*2 3 —3*2 3*2-4 4*0—7
2*o
3
3
—3*2 3 - 3*2 3*2—4 -1*2—7
2
3
4
3
0 _
3 “—
3 •
3 - 3*2
2%—3 3 —3*2 3 -3*o 3*2-4 4 *2 —7
2*o—3 3 — 3 * 2 3*2—
4
4
4 •
1: -4*0 4 - 4*< 4*2—5 7 —
- ' 4
3 —
3 —
3*2— 4
4 -—
4*2 4
|3*2— 1 —4*0 1 5 4*2-5 7 —
3 — 3 *o 3 — 3 *o 4 — 4 *o 4 --4*o 4
4*2
4*2
-4*2
13*25 —5*2_ 6 -8
3 — 3 *2 3 — 3 *o 4 — 4 *o 4 --4*2 4
3*2-4 4*2— 4*2—5
*2 6 - 8
3 — 3».» 3 — 3 * o !4 — 4 *o 4 --4*o 4
334
- 4 -4*o 4 —4*o 4*2 5 “ 5*2-7
3 ~ 3 * o 3 — 3 * o ,4 — 4*o 4
4
334
4*2—
5
4*2-5
5
—5*2
3 — 3 *r 3 — 3 * 2 *l —4*2 4 -4*2
5 — ;3S4—4 4*4—5 4*2-5 5 —5*2
3 — 3 *2 3 — 3E~ 4 —4*o 4 -4*2 4*2—5
4*2-5 4 — 4%—5*4 434—5*4 5 —5*2
3*2—4 3*2—4 1 -412 4 -4*2
134-5*4 4% -5*4 5 —5*2
4 3 *2 — 4
3*2— 1
4 -5
—
4 —4*2 434—5*2 -134—51.2 5 - 6
3 —3*2 3 — 3*o 4 —4*o 4 -4*2
4 — 4*2—5 4*2-5 5 - 5 *2
3*2-4 4 -4*2
4 — 41*7— 4*2— 1*2 -5 6 - 7
3 — 3*s 3 — 3*2 3 *2 — 4
4 -4*2
4 —4*2 ,3*2-334 4 -4*2 4 —4*2 4*o—5 5 —6
2*22*2- 3 —
3 -3*2
|
3 — 3*2-4 334—4 4 —4*2 5 - 6
2 *o—
2 *23 —
3
3 -3*o 2%-3 3 - 4 3*2-4 4 —4*2 5 - 6
3 -3
2 _
2 *o—
2*23 3 —
3
—
3 -3*2 3 —3*o 3*2 - 4 4 —5
2
342 _
2 io_
3 2*2 —
3 —
3 —
2*2—2% 3 3 — 3*2—4 4 —5
1 *2—2
2*22*2— 3
2*2—
3
2*2—23
4
334- 3*4334- 3*4 3*4 - 3*2 4 — 4 :
1*2—2
2*22*2— 3
2*2-3
- 3*4 3 —3*2 4 —5
,2*0-21*4
334
3*4334
1 *2—2
2*22*2— 3
2*3 3 2*2—2% 234—3*4 334- 3*7 3 —3*2 4 - 4
1*2—2
2*o2 * 2 -3
,2*2-2%
2*2-3
334
3*4334
- 3*4 3 —3*2 4 - 4 :
1 *2—2 2 __
2 *o—3
2*22*2-3 2*2 234 234—3*4 334- 3*4 3 —3*2 4 - 4 L*o—2
2 — 2*02 * 2 -3
2*2-3
'2%3
—
3
-3*4
3*4—3% 4 - 4 2 — 2*2- 2*2- 2%2 %—
3 2%—3 '3 — 1 -3*4 3 —3*4 3*4-334 4 - 4 :
3 —
2 *2—
3 3 —
—
3 — 3*4—1 3*4-4 3*2-4 4*2—5
3 —
2*23 —
3*23 — 3*4—4 3*4-4 312—4*2 4*2—5
2*2- 2*2%- 3 234—3 2%-3 3 — 3*2-4 3%—4 1 —4*2 4*o—5
2 — 2*2%- 3 21*4 3 2**4- 3 3 >4-3*2 3%—4*4 4 —4*o 4*4-4% 5 - 6
o _ 2*2- 2*2
2*22%- 3 234—3 2%—3 3*4-3 *2 3»4-4*4 4 —4*o 1*4—4% 5 - 6
2 — 2*22 *2-'
\- 3 2 3 4 - 3 •234-3 3*2-4 3%—4*4 4*4- 4*o— 5 —6
2 — 2*23 234—3 - %—3 3*2-334 334- 4*., 4 —4U 1*4—4% 5 —6
2*22%2 —
*2— 2*22%- 3 2 3 4 - 3 2%—3 3*2-4 134—4*44*0—5 434- 5*4 5*2—7
2 _
2 *02*23 - 3*2 3 — 3*2 3 -3*2 3*2—4 4 —4*2 4*2—5 4%—5*4 5*o—7
3 —
,3*2— 4 3 —
4 —
4 — 1*2—5 4*2 5 4%—5*4
2 * 2 -3
3*o—
2 * 2 -3
3*o- •4 3*2—1 3*2 4 4*2-4% 4*2-5 4*2-5 5 —5*2 5*2—7
2 *s— 3
2 * 2 -3
3*23 *2- -4 3*o —4 3*2—4 4*2—5 i3t-5*o 134-5*2 5 —5*2 5*2—7
3 —
3 —
4 — 4 - -4*2 4 —4*o 4 —4*2 4%—5 3 —5 *05 —5*o
3 —
3 —
3*2-4 4 - •l*2 4 -4*o 4 —4*2 434-5 3 —5*o
5*4-6
3 — 3 —
3*o—4 1 - 4*2 4 -4*0 4 —4*2 43i—5 5 5*2 55 —5*o
—5*o 5 *4—6
2*2*3— 3 —
—
3*2- -4 3 *0 - 4
1*2—5
4*2—
5
—0*2
1*2
5
2*2*2— 3 —
—
3*2- -4 3*2-4
1*2— 4*2—5 4*2—5 5 —5*2
2*23 2 *2—
4 —4*2 4*2-5 4*2-5 5 —5*2
3*2- -4 3*2—4
—
2*23 —
2 *2—
3*2- -4 3*0—4
—
3%—4 4 -4*o 4 —4*o 4*0—5
2*2*5— 3
3*2- -4 13*2—4
—
334—4 1 —1*2 1 - 4*o 4*2—
5
3 — 3 r3*24 -4*2 1 - 4*o 4 -4*2 4*0—4% 1*2—5 4*0—5*2
3*23 — 3 —
3*2- 3*0.
4 4*o 1 —4*2 4 —4*0 4*2-5 1*2—5 4E.—5I0
4 —3 I - 5
i
5
I ‘ -5 4 - 5
— ,4*2;4*2-5 1*2-5 5 - 5*2
0 —
16 —
— 16 — 10 — 6
6 1

—

•7 “_

1895.

Sing!' -nam es.

WEEK
Ending
Jan.

2 *o—

F eb.

M ch.

A pr.

M ay

June

J u ly

A ug.

S e p t.

O c t.

N ov.

D ec.

5.
12.
39.
96.
2.
9.
16.
23.
2.
9.
16.
23
30.
6.
13.
30.
27.
4.
11.
18
25.
1.
8.
15.
22.
29.
6.
13
20.
37.
3.
10.
17.
24.
31.
7.
14.
21 .
38
5.
12.
19.
26.
2.
9.
16.
23.
30.
7.
14.
21.
26.

THE CHRONICLE.

J a n u a r y 25, 1896,J

167

MONKEY MARKET AT NEW YORK—RATES IN I SO I .
T IM E Z O A X S .
COMMERCIAL PARER.
1894,
Seven
90
Four
At
30
eo
Six
Double-name.
Five
Single-names.
At
dags.
days. Months. Months. Months. Months. Choice Choice Prime Prime
Stock Exch’ge. Banted days.
Good
TruslOol
irises:
1T££ir
eo to 90 Four
Four
Six
4 toe
Ending Range. Av'ge Range. | Mange. Mange. Mange. Range. Range. Range. Range. days. Months. Months. Months. Months. Ending
_
—
3 —
3 ^ —4. SV—1
3*2-3% 4 —4V
2V 3 5 —5V Jan. 6.
Jan. 6. 1 -1*3 IV 2 -2 *2 2 —
2 V - 3 2*4-3 3 - 3 V 3 —3*3
1 —4*2
2 —2M 2 8 - .
5 -6
13, 51-1*4 1
,3 V —
13.
--—
2
—
2*4—3
3
-3*4
3 3 —3V
20. V - 1 V 1
5 -0
20.
2 -2*4 1*4—
3 V -4 V
3V —
--—.
2 2*3—
2 j ‘2 —
3 - 3 V 3 - 3 V 3 —3V 3 - 3 V 3 V -4 V
27. *3—1*3 1
2V -1%-G
27.
—
—
3 —
2 -3
2 —2*4 2 - 2 V 3 —
S V -3 % k —4.13 V— 1 3*4—1
Feb. 3, *3-1*2 1
4 % -5 V Feb. 3.
—
—
—**>—2 —
'2*3—
2 -3 .2 5 -0
3 - 3 V 3 —3V 3 —3 V 3 —3 V 4 — kh
10
10. *3-1*2 1
-- 3
—
2*3—
2*3—
3
2 -3
3 —
3 3 —3 V 3*1—1*2
4 V -6
17. *3-1*4 1
17.
•
-•
—■
-3 3 3V242—
2 -3 j2 3 —
3 —3V 3*1—IV
21. *3-1*3 1
24.
4*2—5V
—
—
2 _
2*4—
3 -4
3 -4 ,
3 —3 V 3 V -IV
4*2—5*2 Mob. 3.
2 -2*4 2 Mob. 3. *3—1*3 l
2 _
2 V—
—«
—
3 3 3 3 —
3 V—1
2 -3 j2 —
3 —
10.
10- *2-1*3 1
-1 —5V
—
--—2 —
2 2*a3 2V 3 3 —
3 V—1
17. 1 —1% 1*8 2 - 3
4 32—5%
17,
*--—
3 3 3 —
3 2 —
3 —
3V—4
2
:2V—
24.
24. 1 —1*2 1*9 2 —
4
V
5
V
*>
—
—
3 —
3 3*3-4
2 —
2*3—
2 V—
31.
31. 1 -1 * 3 m a —s
3 3 4V—5*j
--.
2V —
3 —
3 3 •3 —
2*s—
Apr. 7. 1 - 1 % i*« 2 —2>s 2 2 V—
3 V—1
4 V - 5 Apr. 7.
—
—
2
—
2 *3 3 3 —
3 V----1
4 V -5
2 2 V—
3 —
i3 14.
U . 1 -1% 1*9 2 —
2 —
2*-—
3 2 1 .il —AM i v .2 —
2 2 V—
2 *4 3 21.
I s v - s v 3 V—4
4*3-5
—■
—
2 —2 2 *3 3 3 3 3*4-4
13 28, 1 —1*3 1*9 2 _
28.
2V 4
V—5
V
*3 —
3 —
3 —
2 —
2 V—
Four to Six
2 —
2%—3 3 —3 V
1*3May 5. 1 —1*4 I V .1*3—2
3 V—5 V May 5.
2 —3 3 3 2 % -3 3 —3*4- Months Karnes. 3 V —5
12.
2*4—
12. 1 —
1
1 -1*4 1 1*4—
• I 5 12
jjig—4'
2 —
2 —
2*9-3 2 V—3 2 V - 3
2 V -3 3 —3*->
19.
19. 1 - 1 * 2 i*e :i —2 i l
'l*a—
2 —
2*4-3 2 V—3 2V—3 13 l 3V—1
1*32 20- 1 -1*2 1*8 1*2-2
3 -3 V
20.
4 V -5 V
3 —
3 3 2*43 -3*4
3*a—4
June 2. 1 -1*4 1*9 1*4—2 ! t 4*9-5 V June 2.
IV —
1*22 IV 3 V—A
9- 1 - 1 * 2 1
9.
1*2-2 ; 1 —
2 V -3 2V—3 2*3-3 l a v - 3 3 •IV—3 V
1*42 —
2 3 3 —
3 *9 -4
2 V—
{2 %—3 3 —
10. 1 1
l'hr~ 1l 16.
2%—
2 3 —
31*—4
23. 1 1
3 a v -s 3 IV 1 —
1% ~ .1%—
•1*9—5*9
23.
3 —
2 '2V—
3 —
3*9-4
30. 1 —
1
l —1*4 1 2V—
]3 3V 30.
4*9—5
3 —3%
IV 3 —
T1^-—5**2 July 7.
3 July 7. 1 2V — 3 1
1 —1*2 1 —
8*3-4
4 2 —
3 —
3 —
l —1 13 l —
2 —
3
—3V
14, 1 —
2*4—
1
IV UV—4
1 V -5 V
14.
3 3 —■ 3 —3 3 —3 V
3
1
t -1*4 1 21. 1 _
IV —
2 2V —
3 4 V—5
21.
*2 —
3 _
3 2 V - 3 -3 3*4—3%
1
l ~1*4 1 1 —4V
28. 1 —
1*412 2-8.
4 V -5 V
1 —1*3 l —
3 3*4—3%
Aug. 1. 1 —
I V —2 2 V (2 V 3 - 3 V 3 —3*4 13 3*9— 1
1
4*4—5 V Aug, 4.
t -l* v 1 3*4-3%
IV —
2 —2*a 2— s v 3 3 **9-8*1 3*4- 3*» 8 11. I 11.
1
3*9—!
4 *9—5*4’
2 —
1*4-2 : 1*43 3 - 3 V 3*4—3%
1 -4 *4
18 l 2 V—
3Ji l 3%~4 3*1-1
4v— r.v
18.
l
1 _1V
3
—
3
•
%
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3 ’- 4-3 V
2
—
;2
V
~
3
—3V
25.
23, t 1
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:*V~ . 3 V -1
4*9—5V
1*4—
3%—
3*2—4 3V—4 ,3 - 3 V 3 V - 1 3%—«4 1 —t v 4*9—5 V Sept. 1.
3 —
1*3-2 J I V 2 2*9—
Sept, l . 1 1
—
3 2 A - 3 V 3*2—1 i v - 4
8.
8. 1 l
3 —3 V 3 - » V
1*3-2 11*44 —4*e 4 V -5 V
l%—2 : 1.%-»
2 —
‘2%~~
:* A —3V 3 —3 V
15. 1 1
•3 —3 V 3%-~~4 3*4— 1 4 —4 V IV—5*a
15.
—
3
—
*
8
_
2
V—
22.
22,11 1
1*3-2
1*38*3-4 3*9-4
•3*4—3*9 3*9—1 3*9—1 l - « v 4*9-8
1 -2 , IV 2 A — 13 3 29 1 —
2 —
1
29.
|3 —3 V 3*2—1 3*4— 1 i —t v •1V—7
—*
1 -2 ! IV 2 2 —
Get. 8 1 l
3 —
3 — 13 —
3 3*-.- l 3*9—1 3%—IV 4 V—7 Oet. 6.
t* ^
i — ; 1*4—
2 —
2 —
2*4-3 2 V - 3 2*3-3 .•-••<1-3 3 —3 V 3 ~ 3 V 3%—IV 4*2-7
13. 1 1
13.
«.»
H —
1 tg—
3 3 12*4-2% :j —
3 —
2 20. *3—1
1
3 —1 4 V —7
20.
i 2 _
2 —
3 3 —1 4 V - 7
2 ~
2*9-2% 3 3 —
27. *3-1
1
2 V—
27.
v - i i 1*3—
SV2 3 2 3 Nor. 3. %~*x
12*4-2*% 3 1
*3-1*4 l SV-a 3 —
3 —1 4 V—7 Nor. 3.
l _
2 —
l 2 —
2 —
2 ls — 2 *a 3 —
3 —
1
3 —
3 —1 4*3—7
10. *3-1
10.
—
1
1 17. 1 2%—
3 SV—3 3 —3 V 3 —3V 3V —4 4 V—7
3 IV 3V~
17.
2 V—
omt.
3 1 —
2%-~
2 % -3 3 - 3 * : 3 —3V 3*2—1 4*2—7
3 24. 1 1
24.
IV 2V 2 V—
—
1*8 t - 1 % 1‘3 -2 2 V—3 2 V —3 2V—3 3 —3 V 3 —3%
Deo. 1 1 - 3
2 % -3 3 - 3 V 3 -3*2 3V —l 4 V—7 Deo. 1.
3 —3 V 3 —3 V 3 - 3 V ' 2*1-3 3 - S V 3 - a v a v —t 4 V—7
8 .4 —1*3 1*3 1 -1 * « I V - 3 IV —2 2*3—
83 —
3 15. 1 —2
2%—3 3 -3%: 3 -31-33*2—1 4*2-7
IV 2 2 1*3 1*4—8
2V —
15.
2 *»3 - 3 % 3 —SV
22. 1*3-2
2 Y - 3 3 - S V 3 —3V SV—1 4*9-7
22.
1*3—2 2 V—
2 V—
1*3 **3—2
3 —3% 3 - 3 V
29. 1*3-2
2
• 2V
2*3
3
IV 1*4
2 A -3 3 —3 V 3 - 3 V 3 V — 1 4*9-7
29.

CALL LOAKS.

1894.

MONEY' MARKET AT NEW

YORK—RATES IN I *»,'{.
OOmiS&CfML PAPER

i » » 3.

44

|

Doublename.
............

\Slack Exeh'gc
WEEK K X O IX O Range. Atfgc Range.

».i Ci n j ._•i . _•; Ei ,.< I r , r

Rung,. Ron,,..

i l to p iy 1 «

Range

Si'(■/-!/■
nam e.

Cholic ’ hunt
ttnOfl
to M i f o u r
4 to <!
Range. Range. Range. ifio
’ d,lv
'„ Month* Month*.

» ,i i . , n ,i> li j I i l l , a b lt io j t-1 iiiter.M t.

1893.

WEEK RXDI.Va-

1

THE CHRONICLE.

id

[Y ol. L Xli.

MONEY MARKET AT NEW YORK—RATES IN lS 9 !i.
—...

.

e'OMMERCIA I. PA PUR
1892.
Single| Double-name.
name.
WEEK
Stmt I
Good
1 Choke Choice
ENDING
w eekbndW E 60 to 90 Four § 4 to 6
"
Range.
Bunge.
Bunge.
ItailffC.
Mange.
; days. Months. Months.
Bunge
Range. Range.
|
_
5
%
6
.......Janu’y
2
i
%
5
—5>a
3*0—4 1 —
I '3—
2% 3
•lajiuary
2 ..........•
—4*o—
9
i.%-5%. 5 —6 .. . . .
l 4 <o—
l —
4*289....... . 1*3-4
_
4%—54j
5
—(i
.....
16
4
—
4
%4
*s4*28 %—
2%
16......... i - is
23
4 —
4*4—1% r> —513 .. . . .
8 *2—
4- —
3
t
—2
23*...*....
30
3 >3—3% 1 -41-2 5 —5%
•>i., 3 OJL,—3 3*2—4 3*0—4 3 *2—1
8 0 ......... l —2
4 —
1 —- - 3 >23%—4% 4%—5% ...... Fehr’y ()
8 ‘ —3*2 3 - 3 % 4 —
3'<yimmvj 6 . . . .. . . . . 1 —2
4
.
1
2
—
5*0
......
4
3*0—410
13
3
<
o—4*o
3*2—4*2
3*2—
2*o—3.
3*2—4>s
2 io—3
1 3 ,....... 1 —2
4 - 4 %. 4%—5% .....
20
Ui 1*>ifl—
3 sy,—
3*2—4 3*2—4 3*2—4
3 —
2 0 ......... U«—2
38 "
4 % -5
4 —
4 1-2—
27
4. — . 4 —- 4
3*2—
3 *3—
27. . .... 1
4 —- - 4%—5 5 —5% ----- March 5
5
—
3
*3—4
jib
3*0
4
4
V
3*o—l
1
l*—
2
Man 1
C, . . . . . .
4 —'
4%.—5 ;> —6 .....
12
1 4*23*‘>— 3*2—
i IV 12.......... . 1 t.r --2
4 —
4%—5 5 —6
(4 —
19
4 —
4*2
4 >2—
3*2—
3 '—
J%—3
19............ 1i«—-2
4
—•
......
4
—4
%—0
5.
—6
4
—
8
*o—
26
3*33 •—
2 6 ......... 1 Uy—2
2
4 —
3*4—1 4 —4% 11*3—512 ----- April
4 jj3 3 —
3V—
;s v April
it............ 1%—2
31-24% - 5
4 —
4 i
9
3 *o—
3 — - 3*23 —
9 . . . ...... 1
rt
“
4
—its
41-2—5>2
16
3
—
8
—
3
*
2
—
3
*
2
8*2
21
*
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.
--1ay—2
16...... .
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L
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_
4
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4
—
4
'
23
3 —
3 %—
2 *o 23. . . . . . . . 1%—2
3 —
30
a >4—s >-3 3%—4% 4%—5
3
4 —
4 —
24>—
3*3—
30. .......... !>•.: 3
bj:
3>4—3>2 3%—4*4 •1J3—n
.. .May
7
3 3 —
3 V—1 3*2- 4
2 U—
1%
May
7........... 1 —2
_o
__
4
—5
3%
—4
3
-3*4
14
3
%—
4
2>3—3
3
V
a
>
2
8
,
1*2
14......... .. 1 —2
]*)
4
—5
o
2*2—3
_
3*2—
4
3
S
i
j
21
31-2-1
2*o-3
3 V—
1%
2 1 ......... 1 —2
.? _
8 %—4 4 —5
3*0—
28
•> ---- 2*3—
3 3 —
a 3*2Oft
1 ---2
1%
21.-,__
2 ._
2h,—
4
3 —3*2 3 —g o 3 ~3>!3 2%—3 3 >3-4 4 —5 ......June
14-1
«JtUiv
4....... -.. i - i
jn
f>
_
2*0—
2
%—3
31
4
—4
4
—5
3
11
3
.£$*
2*3—
3
■
;
1
1 1............ 1 —3 5 I M
3%—4%
■
A
3
3
%
2
4,
—
9m
—3
1H
3 2 —
1*4 I V
i s ............. i - j
—• j 3 - 3 >4 3%—4 4 —5
4 —
4 —
25
9
3 —
3% l % i% 2 5 .......__ t - 2
2
j,i
3%—4 4 - 5
3 —
...... July
3 _ • 8*2—4 3*0—4
2*o—
3 —
i%
J illy
2............ 1 hr—2
4
—4%
3*4—3%
4Y—5>a
9
4
|5»-,
.
2i.i—
3
—
3*2—
3*2—
0............. 1 %—4
4
—
3*0.
—
3
%—4%
3
*o—
4%
5>2
3 -3>.j
16
loO
3 —
1 —3
16...... .
4
%—0
io
4%—5
23
3%—
3
13*2—4
2
*o—
3
V
-4
3
—
1%
2 3 ......... 1 —2
312-3% 4 — 1% 4%—5%
30
3 —
3*2-4 3*2—4 3*2 - 4
2*0— - 3 —
1 —2
1%
30...... .
4
3*2—33.1 3%—4 4%—T*0
3 —- ■ 3*2—
4 —
2*312 — Angus s
6...... ;•... 1 —2
3%—3%
3 %—4 4*4—5% .......
13
3 —
3' —
3*22%—
2*3—
3 V—
l2 —
Us
13............. 1 —2
3 o_
20
i2 _
3*2—4 3 >3-1 3% - 4
4 —-4*4 414- 4 % ■x%—5 %
2*o—
3 —
1%
2 0 .....___ 13.2—2
4 —4% 5 —5% 5%—6
4 W £m 4*2—
27
3 —
3*3—
4*2—
2*o—
27......... 1la—2* 2
4*o—
4
—
5*4—5%
5%—6
_
_
;Sept’r
3
114
41-2
3
—
3*3—
4
V—
a
3% 3 September 3.
6 —
5 —^
10
I V ■:> 5%—6 6 —
4
2*o—5
4
3
—6
V
5*0
—
i
5
—
5%—6
.r.
6
—
6
—
17
4% 5
4 —5
17.
5 lH H r>V~
434——•
5% 6 6 - 6 V . . . IT"
24
4*3—
4*2—
3% 4
3 —4
24.
4 —
5 —
5V--6 .....O ctober 1
5 I — .*
4*2—
4 —
4 V— 442 4 -4*2
3 —6
October
1.
5 —
o —
o
413—4 % S —5% 6 - 6 V
8
4 —
i —
4
4 —10 5
—
5 —5*2 0 %—6% 6%—7
15
6n »
6 — ■6 —
43.2-10 6 Hi
5 15.
5 —5 *2 6 —
6 —7
6 — ■ 6 — . 6 —
22
6 —
6 —
6
0
4 —8
2)2.
5%—c 6 - 6 V
6 —■• k
6
5*2—
29
6 —
6 —
6 —
-7
53*3 6
5ii>__
5 —5%. 5*2-0 6 —6% ...... Nov’r. 5
6 —- 6 —
6 —
8 0 6
JSovcniber 5.
O .. 5*2—
6
—
5%—6
6
—6%
6
—
>
12
6
—
6
—
5*3—
6 5% 6
12.
5 —
5 — 5% -r>%—6 .. _—■
5*2 —
19
5 —
5*2—
5*2 4*o—
6
5
4
%
-5
5
—5%
5%
—
6
5
—
5*2—
26
4*o—
5'%
5
—
4%
3 —6
26.
—
5 —
6 —
513—6 6 —
5*2—- 6 ....... Dee’r
8
.5 —
4*q 4*2—5 5 4 —6
Decernber 3.
5*o—
5. —
5%—6
5 —
5i s 10
4 — 4**> 4 —4*3 5 •__
5*2—
.5% 4% 5 —
10.
5 H§
6 —
6 -5*4—5% 5%—6
17
.5 —
25 7
6 —
17.
^rrr
■srs.’
i — ..
6 —
6 —
6 —
24
0 6 —
3 - 4 0 10 6 —
24.
.
.
6 —
6 ------ e ------ 6 —
j
6 4 —10 5*2 6 — Je
31.
m as to

CA

1892.

;

.

| At

30
jflankBit : dags.
[Trust fjt

60
days.

90
days.

a

NS.

Four

Five

Sic

Seven

is the class o l paper commonly known as commission liouse names.

MONEY MARKET AT NEW YORK—RATES IN 1 8 9 1 .
COJUREEC/aIX PARER
TIME LOANS.
1891,
Single
Six
Seven
Five
Four
J3 I
60
90
0
At
Double-name. name.
WEEK
Months.
days.
days.
Months.
Months.
Months.
Stock Exch’gc. BanksA
<h
*/o
Good
('rust Go
Choi e phoice
YEEK ENDING—
ENDING—
60 /o 90 Four § 4 to 6
flange. Avg■ Range. Range,. Range. Range. Range Range. Range. Range. clays: Months. Months.
■.fe. ■ 7 —
'
f>- —
(5 —
6 —■
8 -84> .....J a p u ’y 3
7 -8
3 -9
6 3
January
6 —
10
6 % -7 7 - S
3 —
6 —
6% 2 % -6
6- 4*2 6 —
10
)--0
>
_
0
—
17
0 4
2 —6
5 -6
6 —6V 7 —S
5 -6 5 -6
17
6
7*o
5 44i 5
24
3
2 —5
24
5- _
31
4 —
4%—
4%—5 ! 5j.-5 i%—5
5 *o—6 534—7
1% - 5
1*2—
3
31
3 - — . 5 -—
5
3 -T...... Fehr’y 7
4 *2—
4%—
2 —4
5 —
5 —5% 6 - 7
3
3 -4
February 7
5 —
>- ■
—
4%—
4%—
5——
it
1*s—4 3 3 —4 4%
5 —
5 — ■ 5 —5 % 6 —6% ......
11
3- —
4h>—
5- —
21
4%3
5 —
5 —5 % 6 —6%
4V5 —
2 —3 2% 4. 21
5— •j 5 —
i!8
t—
3 -—
2 —4% 3
3 -4
o%—5% 6 - 7
4 —
1*2—
5- —
us
——
5- —
3
5» —
1. —4
4 —
5 —
o~ -—
3
5%—6*o 6 —7 .....M arch 7
Morel)
5*2—
3
■1 ——i
5 —
j —
2 —4
.....
14
5 —
5 —5% 534—6 % a - 7
2 3 —4
14
IV 5
---1
:
5
—
A
-rrzS
ik
5
—
>
—
5
v
'-—
2 —4 8
1 •
21
5 %—6 6 —721
IV—
. e—i
4%—
2 -4
4 —
3
4 —
i% —
1%—• 3 ——
5 —5% 5%—6 6 —7
28
28
4 E>—
1
] *2—4
5*2—4
1%—
•) —
5 ■—
5 —5% 5%—6 6 - 7
----- April
3
5 - '—
A pril
4
4*0-;j ——
—
4%—
3
2 —4
5 —4
4%—
3-—
ll
5 —5% 5 %—6 8 -—7
11
2
—(
5
3
—
l
—
1
—
4
—
.4-%
—
3
—
3*2
4%—
5
—
5*4—5%
5
%—7
18
18
3 —5
3*-;
4.%—5 4%—5 3 —5% —.— . 5 - —
4- —
2d
4 25
5 —5% 5%—6%
3*2 3
4- — |4%—5 1%—5 .3- —5% 3 —5 io 4%—5 5 —5 *o 5%—6% .. . .May
2 % -9
o
4 —
2
2
3*2 3*g—4
May
—— A 5 —5% 5%—6 6 - 7
4
3 —6
V —
5— 5---9
b
5%—
9
5 V—6 ■3%—0
2 * 2 -7
6- -6
6----6- —
.....
16
16
0 —
5 - 5 b 5%—6 0 - 7
4%
- --4*3
3 -6
6 —
6 -—
6 —
5%—
.....
1 21
23
6 —
5%—6 0 - 7
—
2*2-6
'—k
4*2 1*35%—6 5*2—6 >%--0
30
5 % -6 6 —7
30
5%—
—
5
--—.
4
2 * 2 -5
Juno
6
6 .....Ju ne
oJ
a -7
6
5 l2'—
a —
2 -5
3*2
13
5%—
a
5%
=^18
6 —
0 —
6 —
0 -7
p>
0 —
3
1 —4
i —
-IV 4%—
5 34—6 % 6 —7
20
6 —
0 —
5 %—
20
5V1 -3
4 2*3 1 —
27
3*2—
5%—
2/
5 %—6 5%—G
5 %—6 *4 6 - 7
IV 1
4
2 -4
3
1 —
4
July
4
i.%—
5 %—6
4*2—
5 —
......July
B
■ i - 5 %—6 5%—(Mi 6 - 7
I *2—3.
o
- .4 ! .5 *2—
2 *2 3 - 4
11
4 —1% 4 V -5 5 *0—6 3%—6
3*2—
11
5 %—a 6 - 7
4*2—
2 1 —4
1%—3
•1 18
5 —
a
5*2—6 5 *2—6
5%—6 6 - 7
18
5 V—
%
1*2-28 2
4 . —4% 1%—5 (3 —
25
3 —4
(>%— • 6 V—
25
5 %—
6 6 —7
—-2.
1 5 —4
1. - 2
•i.%—5 ! % -5 0 —
1
August
,3%—
6 —
() —
6 —6*0 0%—7%.
1*2-2
—5% -> —5% 0 —
t% 3 —4
8
0 —
(3 —
8
6 —45% 6%—7% .....
r>%2 3 —4
1 *2-4
5 —
15
6 0 —
6 —
6 —
6 —6% 6 *0 —7%
15
5% on
1 *2—3
5 —
5 %—6 5 V —6 5%—6 5*2—6
2*4 3 —4 1-4 —
22
5 *2=^-5% 534—a 6 —6% ......
2% L 2 -5
4
5 - —5% 5- ~ 5 V 6 .5
29
6-—
6 —
2!)
r.:%—6 6 —6% 0%—7
1 -5
3 % 3 —1 1%—5 5 —5% 6 •—
0 —
6
i
September
6 —
6 —6% 6 —7 ___ Sept’r
5
5 %—
t —
1.
:4
2%—7
12
■> - ■ 5 - —
___
0 —
6 —
6 —
5%—
0
6 —6% 0 - 7
la
.j ~.p, 4%
2 -5
3
4%—
6 —
03
6 -—
6 -—
19
19
(i
6 —
6
6 —
26
(5 —
6 —
26
6 —
"
5%-G 6 —6% 0 —7
2 —12 6 6
6 —
C«'toll(T
16
3
6 —
0 —
■ £> : 6 —
6 —
6 —6% 6V—7V
L> 6 — i5%— 3%— 66 —
3 —6
—
10
0 —
6 —
10
(3 —
))%—G 6 —6% 6%—7%
-1*2 4 —5 . ,.t _ 4 t. 4 —4*o 5 ---:5% 5 —5*2 5 —5*2 5 —5%
3 —5'
b
5 S i1
1'7
5%—6V a —e v
4 -4 % i —4% 5 —5% 5 —5>a 5 —5% 5 —5'*o
3
5 *2—
24
8*2 i —
5%—6% 6 —6V
4 %—
3
4
3*s 3*2-4
4*2—5 4%—5 5' —G 5 —6
5 —
5 %—0. 5 %—6 %
31
3
..i —
5 *3 5 —6 5
November
6
6 —
6 —
6 —
0 —6*o
7
3
14
4*2 14 —5 4 —4% 4 - 4 V 5 —5% 5 —5V 5 —5%
5 %—6 0 —6V
14
4
3 —5
4 -5
14 -Ht>a 1 —44 4 - I V 5 —5 >4 5 —5% 5 —5%
21
5 •—
6 —6% _,,
21
5*4—5%
2 — , 8*2 4 —
4
4 —
4%— 4 V ~
28
5 — ■ 5 —*p
15 — .j . 5*4—5% 6 —6%
28
3
|4
4 —
4 — & I V -5 4 V - 5 4%—5
2 -0
3>eocmbcr
5 —5% 5*2%4 ...... Deo'r
5 —
5
■4 — i lit-4
-4 >* 5 —
2 —3*>: 3
12
5 *o~— 5%—
5 %—
4%—5 5 ‘ —5*2 0 %—-6
12
.
i
—.
2 —3
‘l - l>2 1 ■- 4 V 4 —4V J 1.2-5 1%—5 4%—5
2%
19,
4%—
5 —5% 5%—6
19
2 —4*e 3
26,
_4_— I-IV—5 14V—5 4%—5 4 V - 5 t . i
1% 5 - 5 V 5V—6 ......
26
CALL LOANS.

1891.

'2

5

82 44

5 The-, is tile class ol paper commonly known as commission houao names.

THE CHRONICLE.

J a n u a r y 25, 1806,]

1 6 9

MONEY MARKET AT NEW YORK—RATES IN 1S 90.
CALL LOAXS.
1890.
iYEEKEXOIXO-

llangt. Ar'ffej Kanin:.

1..

8..

3
15..
12
22..
1.............2
8.............. 2
15............ ::s
. ’3
22.

March

_ iU 1 4
—a

i

l%—
4 4 —

—

4

—10. 5
5 —
-6 : 4*e r, -3% '
5 -

COMMERCIAL PAPER

Four ! Fire \ Sic [ Seven
90
days. Mon ths. Mon ths. Months. Mon ths.

Double-name.

1ft
ir>

—

ft —

5*9-6

5% -

5*9—6

ft -

5 *9—6

ft —5*2 ft -5*215**—
6 5*9-6 5*2—6
5 5
,4
5 5*2— ft
21-;-.-, | -1 4 —5
5 ~
5 —
30..
;5*s— .5*-— 15*9—
8 i llg 6 5 — 5 - ‘55*95..
April
*•*r11212 .
. 3 - 7 • tig 5 4*9- .5 —
4
4*st~
!5 4*2- » 10.. .
t
_
1*2—
4
1 —
4 *2— 14; -26...........2 Hr-9
6 ~
5 5 —
L lh IK—
3......... 3*8—8
May
3 — 5 —
10............. 1 —11 i*4 r 2= 5
Da­
ft — t ft t; —
5 —6
17........... 2 -1 5 ; 0
24
................ 3
-1 0 5.5->i
5*sa
5*3—6
1ft — r 31......... 2*2-10 4*2 5 —
3 _
ft _
5*2- 5*2—
5 June
7.......... 1 - 1 2 5
5 —0
.4*2- D % 14........... 3 - 7 ! 4% 4 >2—5
5*2— 5 *2 —
.5 f t
5*2e 3 5 21
................3-ft
4'i 5ft —
li­
5*9— ifl ~
5 —
28...........3 —10 5
ft — 6 5 5*25 ft _
July
ft..........2 —0
5
« —
0 — ft 5*3— ,0 _
5 _
3*9-41 15*9—6
,5 —
12
................ 3 - 8
ftft4 _
|4,*a19
................2—6
4<s5—
4*9- ,5*-5*s 5 -5*2
1*3 - 5 4 *2-5 S* -0*51:3 -5*2,
................- 2*3—6 1*2 1*4 -ft 26
'ft — is -5*9-5 -5*9'
August
2..........2 - 0
I
1
!%,
5 S5 — 15 — ft 9.... .... 3 —20 ft's .ft - >*
l« ,6 ft now. ft mtm. ,0 now. 16 nom. it! nom.
16........... 3 —2ft 10
6
6 do
ft now. 6 now. 16 now. ft now. i
23........... 3 —186 2ft
«
8
« —
ft do
ft noni. ft nom. •;6 now. 6 nom. i
30.......... 2 -1ft 0
ft —
!ft do
ft nom. ft now. m now. ft now. :
September «........... - 1 2 <1
a
13
................ 3 0 — -18ft 10 ;6 do ft now. 6 now, IG nom. ft now,
fi d«<7 (ft nom. 6 nftm, 6 uom. fi now.
................ 2 6 — ................on
20
1
66 - , 4
•ft _
« ft — ;« -ft — .
27
................2 —
tf
ft - 0
m
October
4........ 3 —ft 1
6 - lfto —
­
5
H
z
11...........2t—7 , t*3 5 —6
t'6 —
2*
C
,6 ts is.......... 3 1 . - 6
t*s ft -ft
6 — ft —
jft —
ft —
‘ft — ffi ................3- 8« ;—6
25
6 — H 0 — ,6 — ;« — ft November 1 ........ 3 —30 ft
I z
,1 ft — a ft —
,« — ft ft............3 -2ft 6
11 fir com. t’.+ com
6 —
15...........2*8—166 8
!*?r
eon».|ft fHcom.jft-f com, 6 . com. 1; com
0 — 2
22
................................
-186
6 •com. ft , com. 6 t com•lift cow. 1; t com.
20...........2 - 5
16 6 —
ft * corn. *• - coin. 6 4 eon.,{6-rcoin. (ft-*, cow.)
6 —
December >5........ 3 -1ft ft
6+t«HB.;«4 com. 6 (-com « . eou*..fi i com.
0 13......... 2 -186 ft
(! _ 0 ft a ~
t: ft —
20........... 2 - «
l
11 i6 ,0 —
6 ~ ift 27........... 3 - 0
■l
a uft —
f

1890.

■15 —5Vi3®h-# 6 —7
!;s*a— « '6 -7
1
5*3— .0 — 6*8—7*2 .
C1F
.,,.
5*9—
ft — 0 *2—7*2
5 *0—
5 ft*—6 ft —7
5 -5*« ti ..................April
5 —5*2 5*1-6*26 —7*2
5 — 5*9—6
ft - 7
5 5*9ft - 7
■!5 — ,5*2—6
ft —7 ... .May
Dtt 5 5 -5*s,6 —7
o
5

- 5*9
—5*9

5 *9 - 6 6 —7
5*9—6 ft —7

I-'ll- 5 5 -5*2.5*9-15*2
., — 5 — *2:5*3—6*.; ..... June
44,-5 5 —5*9,5*14—6*2
5 5*2—6 ft - 7
3 -"> *4 5 V t i ft - 7
3 5V -6
ft - 7
July
r> —5*9 5 *9 - 6 ft -7
■5 — 5 —5*s G —6*2
5 _
5 —5*215*9—6*2
r, _
5 -5*915*9-6*2
5 >3—
5-V ft 0 - 7 .......
r.3, r,4j_ o 0 _ 7
■5*2-53,
(i - 7
,5*.j-5m.5*t-« ft - 7
!5*»-6% 5V -6
5*9—5% .*>%_«
lift —

f

4 Thin

Single-

Choice Choice
i»>60 /•«>«•§
Range. Mange. Mange. Range. |Range. Range. Range. CO
c/«ys. Months,
ft _
c, —
ft —
:5%—6 ,6 —C*e6*2—7
ft —
ft — 'ti —
jr>%—5% 6 - W f6*2-7
* -7
3*4—0 % 6 - 6 *2 0 *2—7
3
|4 !*e 5 — 5 *4 —0 5 *2 —6*2 ,
ia b .;3*S—
4 —5 4 —5
4 3 4 -5
5 - 51 -2 15 *2 - 6*2 4 '->—5 4*3—8 A ;5 ,481-0 5 -5% ! s *9-6*3 .
:■ • 5
.5 —5*4"ft —5*4
js i 5 — 5 —5*e 0 *2 —ft*t .
5 _
5 — 5 to 5 *2 —6 *s .
i®*8—
5 -5*s 5 - 0*2
5*9— 5*2—
11
i totti}

4
.,3 - 6
i 8*S
. . .
2*a—6 4

25..

February

10 - 2 5
ft -

60
days.

f i
o t

4 . .......... t —40 20
6
11............. 2 - 9

January

TIME LOAXS.

At
' At
1 30
fStneh Etch
F rrh'fte
Mach
m EduksdTr,tftCo days.

f *3d —

3% -

ft —ft*2 6*3—7
ti —f t 0*9-7 .
0 - ftle 0 *s—7*2 .

5% -ft
ft -

0*2-7
0*2—7

ft ft 7 —15
«>£-•

'0*3 1.7*2—

7*27*8—

.7 -

7 —8
7 -8

ft*■;- 7 7 - 8
Nov’r.
0*2—7 7 - 8 .
for all c laseen.
7*9-8 8 - a
7*2—8 8
7*9—-8 8
10 ..... Deo’r
7*4-8 8 - 9
ft 8 -9
7 -7*f 8 —9

Is the clots o f paper cow w onlj known as commission house names.

f
IM P O R T S

AMD

EXPO RTS

S IL V E R A T S A N

OP

GO LD

AND \

axroRTs or out.a
MOMTHS.

F R A N C IS C O .

1895,
The Collector of Customs at San Francisco has furnished i January,.
kuliraary.,
us this week the details of imports and exports o f gold and j
M arch.....
silver through that port fer the month of December, and they April........
are presented below, together with the figures for the pre­ M a y .......
June........
ceding months, thus completing the results for the calen­ J u ly .......
lOfCUHt....
dar year 1803. The imports of gold were less than in any j Peptamb’r.
month since August, the amount received reaching $91,907 October...
November
of which $8.1 M was in coin; and of stiver there December.

came in $138,808, of which $07,187 was bullion. There
has been received during the year a total of f t ,511,205 gold and $1,970,578 silver, which compares with
$1,368,158 gold and $2,205,070 stiver tn 1894. The ship­
ments o f gold during December reached $93,415 coin,
and the exports of silver
have been $488,525 eoin
and $426,100 bullion. For the year the exports of gold
have been $819,205 against $1,011,046 in 1894 an i $13,177,757
silver has been sent out, against $12,752,613 in 1894, The
exhibit for December and the year is a» follows :
IMPORTS o r 'KU.D AMD SttVER *T 9 * 8 FKASCiSCO,

momm.
1895.
January...
February.,
Marsh,. I.,
April.......
M'7.......
June.......
July.......
Auvusf ...
Beptetub'r
Ottnbvt .
NnvtsmtKtr
December.
Total year

gold.

Coin.

----------- — ----- ------ ------ *----git.visa.

Bullion Total.
Coin. Bullion,
8
8
*
*
f
37,188 49,696
6,893 136,592
t.317 28,580 © s i
1,503 101.407
9,998 33,7 tl
090 116,633
43,737
3 t,W 59,964 110,979 257,696 111,093
10.381 83.584 93,038
11,348 117,379
32.MU
498,984 112,107 601,091
9,33* 42,400 51.730
7,135 ila'JlB
24' 90,210 #0,485
10,7076.171
8,31- 88,818
97,136 227,977 119.501
15,212 82,866 108,07.8
75,44i 123,690
*,180 111,1.97 112,33?
9,71'
96. .13
8,44s 83,549
8P.61X
01,997
67,197
641,017 S«9,<578 1,511,295 710,91* 1,259,659

Total.
$
148,485
102.90 *
117,623
360,78 •
128,72',
107,8; 4
136.090
8«,t>79
347,3'" H
190,1 0
X
i"970,571

Total year

tsn

git.vsa

prom

s is

Coin.

Bull'n

rauteiaco.
SILVER*

GOLD,
Total.

Coin.

Bullion.

Total.

«
53,545
3,075
200
10,121
17,031
7,993
*20
58,004
79,321 i .i'fto
25
62,844
61.748
460
112,316
70
58,897 3,100
92,415

*
$
112,100 764,700
53,545
876,860
490,174.
80,674 403,500
3,270
10,121
88,662 1,374,000 1,402,862
410,218 914,020 1,324,23*
17,031
341,146 771,193 1,112,330
8,013
311,133 491,400
802,53*
58,084
798,875.
80,481
238,875 560.000
573,340
62,869
248,349 325.000
62,208 1,209,400 813,350 2,022,750
112,386
833,309 520,800 1,354,100
756,495 738,548 1,495,04*
59,797
438,525
864,025
428,1! 0
92,415

614,170 5,035

619,205 5,075.14« 8,102,611 13,177.757

B X o u e t a v i j s <£ a i n nx c r c t a U J u g U s I x ^ jcxb s
fFrotn our own oorrespoodentd
L ondon, Saturday . Jan, 11,1896,
The German Emperor's telegram to President Kruger has
excited a very angry feeling in this country, and all classes
and parties are unanimous in support o f the Government in
its active naval and military preparations. The best opinion
is that the German Emperor acted contrary to the advice o f
his responsible Ministers, and that he did not take full ac­
count o f the probable consequences of what ho was doing.
It is hoped that no serious quarrel will ensue, though o f
course there is always the danger that a sovereign o f the
Emperor William’s character may be carried away by his
am our p rop re.

One result o f the political apprehensions that are now
aroused will be a very large expenditure upon our defenses
It seems reasonably certain at present that there will he a
surplus for the current financial year, which ends with
March, of at 1*a t 5 millions sterling. Under the existing
law this surplus would be applied to the redemption o f debt;
but the general impression now fa that as soon as Parliament
meets a short act will be passed for spending the money

170

THE CHRONICLE.

[V on. LXII,

So far as the misunderstanding with Germany is con­
upon the navy. In the next financial year there will be on
the present basis of taxation a probable surplus of 5 or 6 cerned, the calm attitude of the French press is decidedly
millions sterling, ami many interests have been urging the favorable. Upon the Continent it is almost universally
Government for grants in their favor. It is certain now, believed that the German Emperor was actuated by a desire
however, tlrnt almost the whole amount will be laid out upon to curry favor with France. If that be so he has found by
the Imperial defences. Another oonsequence will be that the this time that he made an utter mistake. The French news­
-Government of this country will withdraw from its inter­ papers have made it quite clear to him that an alliance with
vention in Turkey, that the Armenians will then be left to France is impossible until Alsace-Lorraine is restored. The
their fate, and that the inlluence of Russia in Turkey will be calmness of the French press and the correct attitude of the
enormously increased. Until we have made ourselves per­ Russian Government are both favorable factors in the bring­
fectly safe against any possible combination of enemies, the ing about of a better understanding.
feeling here is very strong that we should devote our whole
The bank dividends, generally spealdng, are very much the
attention to putting our defenoes in order.
same as at this time last year. The past six months were
All this, no doubt, will have a depressing effect upon our unfavorable for lending and discounting; but on the other
industries, though so far there is little evidence of any check hand the banks have been able to earn nearly the same
to the improvement that has been going on. Merchants en­ profits from their investments. Two banks—the London &
gaged in the German trade say, indeed, that already their Westminster and Union—have slightly increased their divi­
business Iras been adversely affected, but in all other direc- dends, while the Consolidated has paid a little lower rate,
ions the improvement is going on. The large expenditure and in other instances last year’s dividends have been main­
upon the army and navy, while it would keep up apprehen­ tained.
sion, would at the same time increase the demand for iron
The following return shows the position of the Bank of
and coal, and the prosperity of these two great industries England, the Bank rate of discount, the price of consols, &c.,
would, to some extent at all events, counterbalance the de­ compared with the last three years:
1896.
1895.
1894.
1893.
pressing influences.
Jan. 8. Jan. 9.
Jan. 10. Jan. 11
This week the outside market has paid to the Bank of Eng­
£
£
£
£
land almost the whole amount borrowed during the last four C ir c u la t io n ................................. . 25,970,835 25,519.480 25,352,155 25,628,525
4,899,202
4,770,115
days of the year—very nearly eight millions sterling—and yet P u blic d e p o s it s .............................. 7,227,940 0.218.105
38,845,839
31,350,204
O ther d e p o s its ........................... . 52,791,037
32,029,857
the supplies in'the open market are immensely great, and the G o vern m en t se c u r itie s ............... 14,682,555 16,077,309 11,700,317 14,055,983
rates of both interest and discount are steadily falling. The O ther se c u r itie s .............................. 26,903,121 21,305,245 25,712,843 25,287,811
political apprehensions have checked all new enterprise, R e se rve o f n otes and c o in .......... 36,351,946 25,100,632 16,911.835 15,560,107
33,880,112
C oin &bu llio n , b oth d ep a rtm ’ ts 45,531.811
25,813,990
24,738,032
while the disorder in the United States currency prevents P ro p , re s e rv e to lia b ilitie s, .p . c. 60 7-10
40 7-16
42 1-10
2
2
3
investment in American securities. In all probability, there­ Bank r a t e ..........................per ce n t
3
105%d.
104Md.
98 l l- i e d .
97 16-10d.
fore, there will be little demand for money for some time to C onsols, 29£ per c e n t ................ .. 30%d.
27H<1.
3 1 «d .
S ilve r...................................................
38Md.
come, and it is likely that rates will remain very low for C learing-H ouse re tu rn s .............. 142,748,000 123,879,000 117,878,000 119,428,000
months yet. The silver market is quiet, but the India
The rates for money have been as follows :
Council continues to sell its drafts favorably. On Wednes­
Interest allowed
Open Market Rates.
day it disposed of the whole fifty lakhs offered at an average
v
for deposits by
price of Is. 1 15-16d. per rupee—somewhat less, it is true,
Trade Bills.
Bank Bills.
At
Joint Dlsc’t—IPSS
than the price obtained the week before, but still a very sat­
Six
Three
Four
Four
Six
Thru
Stock At 7 to 14
a
isfactory price.
cs Months
Months Months Months Months Months Banks. Call. Days.
.
The stock markets have been surprisingly welT supported"
1
18-16 13-10% x m
D e c. 13 2
IXQ IX i * @ i «
X X
H
throughout the week. On Monday and Tuesday, it is true,
1
1
1
** 20 2
X X
154 D 4® lh i 1 X @ W
X
‘
27 2
there was a very heavy fall; even consols went down to lit­
X H
IX
H
. 3 2
1H
ix m x
1>4@1W 1)4@2
X X X
tle more than 105. All sorts of rumors were circulated as to Jan
** 10 2 1 8-10-J4 !%<§>!%
1X ® 1 X
m 1M®2
X
X
H
the intentions of Germany; and of pour.se there were grave
The Bank rate of discount and open market rates at the
fears respecting Johannesburg. On Wednesday, however,
there was a very marked recovery, and though the highest chief Continental cities have been as follows:
prices have not been maintained, quotations are still better
than on Monday and Tuesday morning, and there is likewise
a better feeling. To a large extent the firmness of the mar­
ket is due to the existence of a large “ bear” account.
‘ Bears ” naturally sold heavily in the belief that the action
of the German Emperor and the unfortunate occurences in
South Africa would frighten investors. As a matter of fact,
investors liave not sold to any considerable extent. Some
timid people, of course, have sold, as they always do, but the
great body of investors have remained calm. When it was
announced that the Boer Government had agreed to hand
over Dr. Jameson and his followers to the British Govern­
ment and that generally President Kruger was acting with
great magnanimity, the “ bears” rushed in to buy back and
the natural consequence was a sharp rise.
Even American securities shared in the advance, although
the impression made here by the new loan is unfavorable.
London of course is not in a position to judge properly; but
the impression amongst the bankers undoubtedly is that it
would have been a wiser course to have arranged with the
Morgan Syndicate. The fears that the popular loan may be
a failure and that there may be large gold shipments are
deterring all investors from buying American securities.
And of course the strained relations between the two coun­
tries are acting in the same way. The rise in Americans
here, therefore, was mainly due to buying back by bears.
As long as political apprehension continues there cannot be
active business on the Stock Exchange, and the probability,
therefore, is that quotations will remain pretty much as they
are for some time to come. But if the negotiations between
the British and the Transvaal governments for concessions
to the Uitlanders end satisfactorily, and if there is a clearing
up of the misunderstandings with the United States and
Germany there will, no doubt, be a sharp rise,

Interest at
P a ris...................
B e r lin ................
H a m b u r g ..........
F r a n k fo r t ........
A m sterdam ...
B russels .........
V ie n n a ..............
8 t. P e te rs b u rg .
M a d rid ...............
C o p e n h a g e n ...

Jan. 10.
Bank Open

Jan. 3.

Dec.

27.

Dec.

20.

Bank Open Bank Open Bank Open
Rats. Market Rats. Market Rats . Market Rate. Marktt
2
2
2
2
IX
154
IX
4
4
8
4
4
sx
m
SX
4
4
4
4
sx
SX
2x
2X
4
4
4
3
4
3
3H
8hi
2
2
ZX
IX
2X
2X
2X
IX
2X
2X
m
m
2X
m
2X
5
5
5
5
IX
m
ex
ex
ex
ex
ex
ex
ex
ex
iX
iX
iX
iX
iX
iX
SK
3«
8%
SX
sx
sx
sx
Shi

The following shows the imports of cereal produce into the
United Kingdom during the first eighteen weeks of the season,
compared with previous seasons :
IM PO STS.
1 8 9 5 -9 6 .
1 8 9 4 -9 5 .
I m p o r t 8 0 t w h e a t .o w t .2 4 ,7 6 6 , 2 6 0 2 3 , 3 9 6 ,4 1 6
B a r l e y ............................... 1 1 ,0 6 9 ,7 7 0 1 2 , 7 0 6 ,9 9 4
O a t s ..................................... 5 ,1 8 5 ,4 4 0
5 ,4 9 8 , 5 7 7
P e a s ..................................... 1 ,1 1 6 ,6 2 0
9 9 9 ,6 2 8
B e a n s ................................ 1 ,4 3 2 ,8 3 0
1 ,7 0 6 ,8 2 4
I n d i a n o o r n ...................... 1 4 ,7 6 0 ,6 8 0
7 ,9 5 9 ,2 1 4
F l o u r ................................... 6 ,8 6 6 , 4 0 0
7 ,1 0 7 ,0 4 0

1 8 9 3 -9 4
1 8 9 2 -9 3 .
2 2 . 5 3 2 ,3 8 1 2 4 , 6 3 4 ,8 0 1
1 2 , 8 2 7 ,8 9 0
7 ,7 6 8 ,0 4 5
5 ,1 9 0 , 5 6 9
5 ,5 4 2 , 7 9 3
1 ,0 2 2 ,5 4 0
9 4 2 ,1 6 8
1 ,7 0 5 ,7 8 3
1 ,6 3 5 , 5 7 6
1 0 , 1 9 2 ,7 9 5 1 0 , 8 9 6 ,5 9 5
7 ,2 3 9 ,2 6 1
7 ,8 6 3 , 7 0 1

Supplies available for consumption (exclusive of stocks on
September 1):
1 8 9 5 -9 6 .
W h e a t i m p o r t e d , e w t .2 1 ,7 6 6 ,2 6 0
I m p o r t s o t f l o u r .......... 6 ,8 6 6 ,4 0 0
B ales o t h o m e - g r o w n . 5 ,4 2 1 ,6 2 1

1 8 9 4 -9 5 .
2 3 ,3 9 6 ,4 4 6
7 ,1 0 7 , 0 4 0
7 ,7 6 6 ,3 9 5

1 8 9 3 -9 4 .
2 2 , 5 3 2 ,3 8 1
7 ,2 3 9 , 2 6 1
8 ,9 9 2 , 9 2 0

1 8 9 2 -9 3
2 4 , 6 3 4 ,8 0 1
7 ,8 6 3 , 7 0 1

T o t a l ......................... 3 7 ,0 5 4 ,2 8 1
1 8 9 5 -9 6 .
A v e r , p r t e e w h e a t w e e fc .2 5 s . 2 4 .
A v e r a g e p r lo e ,s e a s o n ..2 4 s . 7 d .

3 8 ,2 6 9 ,8 8 1
1 8 9 4 -9 5 .
20s. 5 1 .
19s. 7 d .

3 8 , 7 6 4 ,5 6 2
1 8 9 3 -9 4 .
26s. 6d.
26s. l i d .

4 2 ,0 8 2 ,3 1 6

9 ,5 8 3 ,8 1 4
1 8 9 2 -9 3 .
25s. 8d
27s. 1 0 d ‘

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:

TM i week. Last week.

W h ea t.....................q r s .
f l o u r , e q u a l t o q rs .
M aiae...................... q r s .

2 ,0 3 0 ,0 0 0
3 9 1 ,0 0 0
6 8 2 ,0 0 0

2 ,1 0 3 ,0 0 0
3 4 9 ,0 0 0

1895.

2 ,5 1 5 ,0 0 0
3 0 2 ,0 0 0
4 2 4 ,0 0 0

1894.

2 ,5 5 8 ,0 0 0
2 7 0 ,0 0 0
3 5 3 ,0 0 0

A

TABLE

S H O W IN G

THE

M ONTH LY

F L U C T U A T IO N S
F

years.

Jan u ary.

Pence,

is5

S?

*

f a &

i

3 I S *8
g

J & 4 .S

§

; i p

^

I 9' 1® £

OQ & ° J j 8

fe ’Ej -j-3 t£ £
§
£

l § i ;
S S a .£
-T3

8§

1 8 3 8 ..
1 8 3 4 ..
1 8 3 5 ..
1 3 3 0 ..
1 8 3 7 ..

58%
50%
50%
>59% -5 0 %
00*4 - 0 0 %

3 8 3 8 ..
1 8 3 9 ..
18411 .
1 8 4 1 ..
1 3 4 2 ..

i

1 8 4 3 ..
1 8 4 4 ..
1846.
184(1..
1 8 4 7 ..
1 8 4 8 ..
1 8 4 0 ..
1 8 5 0 ..
1 8 6 3 ..
1 8 5 2 ..
1 8 3 3 ..
1 8 5 4 ..
18 5 5 ..
185(1..
1 8 5 7 ..
1 8 5 8 ..
1 8 6 0 ..
1 8 0 0 ..
1801 ..
3 8 0 2 ..
196.T..
1 8 0 4 ..

S

00%
00*4

t

50%
-0 0 %
-0 0 %

01%

Ma r c h .

APRIL.

M ay.

Pence.

Pence,

Pence,

Pence.

i
!

88%
50%
00
50 % 410

1

00

j

60%
60%
60%

00 %

50%

!

00 %

50 %
r.0%
01%

IU %
0 1%

01%

411%

(41 ' t - 0 1 %
(1 1 %
411%
01%
.0 1 % - 0 2 %
Ion #
0 1%
0 1 % -0 1 %

ono i%
01%
01*4
<u%
Oll%

>01

-02%

-5 0 %
50 %
-r.0%
-0 1 %
oo%

58%
60
00
5 0 % -6 0 %
(JO

58%
59%
50%
59%
50 %
59 <3 -5 0 %

59%
-0 0 %
-0 0 %
60
50%
50
•50%
50 %
58%
59%
50 %
60%
59%
69*4
00
00%
50%
50 %
01 %

50%
00
00*4

00*4
60%

00 %

0 1%
0 1%

01%

!
oi %
.0 1 % -0 2

02

-5 0 %

!59
-5 0 %
!
60%
7.0 %
59*1
50*4

00% - 00%
0 1%
0 1%
0 1%
0 1 % -0 1 %
0 0 % -0 1 >4
0 2 <4

Jan

Febru ary.

00%

50%
5 9 % -5 0 %
511 *4 -5 0 %
1
60%
59*4
00% - 00%
5 9 % - 50%
5 9 % -5 0 %
5 9 % -5 0 %

rom

02

01 %

-0 1 %
-0 1 %

01 %

01%
(t»%

-02%

-o i%
-0 1%
-0 1 %
01 %
oi %
-0 1 %

00 3.
410*9 -fit
0 1 % -6 1 %
(1 1 %

61%

.0 2 %

•111 %

01*9

00
50%

-5 9 %
50 %
59%
59%
SO
6 8 % - 00%
58%
59 %
50% -6 0
50%
0 1%
5 0 % -0 0

01 %
01%

-6 1 %
00%
>00% -61
(11% -0 1 %

0 1 % -61%

-0 1 %

-0 2 %
01 %
0 0 % -0 1 %
>0 1 %
0 1 «J

-01 >3

If) I

01 % - 02 %

00%
0 1*1

-5 0 %
-0 0*.
-00*3

-111

-0 1 %

<1 1 %

01 %

01 *| -0 1 %

\

30%
00*4 -6 0 %
00% -00%
00*4
{6 0 % -5 9 %
59%
50 %
5 8 % -5 0 %
50
5 8 % -5 9 %

I

00

r.o%
50 %
(1 1 %

0 1%

00%

59 %
-0 1%

60% - 0 1 %

411 *1
0.1

411

-0 1%
0 1%
-61 %

>0 1 % - o i %
02*4 . 02 %
oo%
o n .i
01*4
00%

01%

-00%
o i%
-0 1 %
-6 1 %

Pence.

59%,

58 %
09%

00 %
60%

59
59

-6 0
-5 0 %
59 %
-5 9 %
59
-5 9 %

59%
59%

-5 0 %
39%
59%
•50% 0 1 %
5 9 % -00*4
00% -0 1 %
0 1 % -O I %
0 1%
o o v -o i%
0 1%
0 1 % -0 1 %
fi|J|
-0 0 %
o i%

>01

-6 1 %
0 1%
dOI,

38%
27%
120 %

-3 7*',« m '*,,, 3 -2 7 ' 2 9 % -2 9 %
-2 7 % ,3 0 % -2 0 %

THE

P R IC E

OF

BAR

S IL V E R .

PER

P ence.
159% -5 9 %
oo% - 00%
Bin,
>60
-0 0 %
5 9 % -5 0 %
59%
60%

00%

110*9 -00%
60% -00
j

■5 0 V
50%
5(1% -5 9 3 ,
5 9 % -r.9%
59 %
5 9 % -GO
5 9 % -6 9 %
.-,!>% -5 9 V
5 0 % -5 9 %

0o»i

-HI
(10%
<11% -01%
ill*..,

<1 1 %

411%
00%

(11>S -0 1 %
61%
oo%

-6 1 %
02 V

01 %

(io%

AUGUST.

1SE1TKMUKU.

Oc to b e r .

No v e m b e r .

Pence.

Pence,

Pence,

Pence.

69%

60%

00%
r.0 %

oo%
59

-o o %
-5 9*8
59%
00%
00*4 - 0 0 %

(10%

59%

-5 9 %
59%
50 V
5 9 % -5 0 %
59 %
5 9 V -0 0
5 0 % -6 9 %
5 0 V -5 9 %
50 %
USOV -O t
00%
0 1%

-0 1 %

01%

o tv
01 %
411%
0 1 % -6 2
nos, -o i
*11 % -0 2
0 1 % -6 1 %
6 0 % -8 0 %
(It % -0 1 %

111

-01%

!« i
o i%

01
-o i* *
- o n ,n ill

-lit %
-6 1 %

00 %

00%
7,0*1

59%
-6 0 %
-5 0 %

00%

0 01 #
-11 ( 1%

59%
60%
-5 9 %
50*4
50V
59%
59%
50% -5 0 V
59%
5 9 % -5 03,
oo
mm
oo%
oov
00%
(O il* - 0 2 %
>61
-6 1 %
01 %
01%
03%
01%
.50%

00 V

61V

-6 2
01%

00%

01%
61 %
0 1%
410%
OOV
U0 » , «

100% -6 o v « a v
«o%
0 (i>'..
-0 2 >4 0 0 % - 0 1 % •an,
0
0
%
00%
00%
*0 0 % 1
60%
00% -001,8 166% <S0 % !o o %

80%
oi
00 ",4 00 %
0 1%
...... .
01
0 1 % 01
411
00'
1 8 0 0 ..
02
00%
(10 %
00%
0 0 % -61 >4 0,0 % - 0 0 %
00%
1 8 0 7 ..
0 0 % - 00 %
(il* » 410% 6 0 %
00%
00%
(41 >a 0 0 %
1 8 0 8 .. .410%
no
00% 00
00%
003. 0 0 %
00%
0 0 % -0(t% 00 % -01
1 8 6 0 ..
00%
6 0 % - 0 0 % 00 % - 0 0 % (10 %
0 0 % -0 0 % !« 0 %
1 8 7 0 .. . 0 0 % -6 0 %
00%,
410%
00%
,,
-60*4
1 8 7 1 .. 100% -60% 0(1% -0 0 %
0*1*14 f>0*4 6 0 %
OOI,n 00 % 0 0
00%
0 0 -,,
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1874.
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THE

172
K u a ll.U

F in a n c ia l

M a r K e te — H er

CHRONICLE.

Bat.

BUrer. perox------ ....d . 30%
Consols, new, 2% p. ots. 107*3
For aoeonnt...... .
, 1071*
Fr'ch rentes (In Paris) tr. 101 90
Atoh. Top. * 0. F e ...... 14%
Canadian Pacific............ | 55
Chesapeake A Ohio....... I! 15*4
Chlo. MUw. A 8 t. Paul. 697e
97
Illinois Central----- ...
la k e Shore........ .......... 147**
Louisville A Nashville. 45
Mexloan Central 4s---- , 68*3
Uo. Kan. A Tex. com....
S. Y. Central A Hudson; 99*3
N. Y. Lake Erie A West. 15
72>s
2d console..................
N. Y. Ont. A Western... 13%
7*3
Norfolk A West’ n, pref.
12 %
Northern Paeilio, pref.
53%
Pennsylvania........... .
4%
P1U1. A Read., per share
S%
Southern Ry., com.
27
7e
do
preTd....
3%
Union Paelflo..........
16i*
Wabash, pref..........

if on.

Tues.

30M..
1077,.
1077,,
101-30
14
54%
14%
68 7e

99
14 3*
71*3
13%
7%

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107%
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101-90
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55 \
15*«
69*4
96 \
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68 «*
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16

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11

12

12

TAurs

Fri.

30%
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10711,, 107%
10711-6 107
02-02*3 102 05
!4 78
1478
55%
55%
15*3
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70 *«
703s
97
97
146
146
453*
46
68
69
11 %
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72
72
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53*4
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4%
9*e
9*4
27**
27°8
4
37e
16%
16*4

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107%

Wed.

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14%
55%
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97
147
457a
68

n%
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1538
72
133*
7*3
12 %
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5*6
9%
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4
16®8

© o m m c v c t a l a u d J $ U s c c lI a tte 0 tfs J le w s
N a t io n a l B a n k s .—The following information regarding
national banks is from the Treasury Department:
n a t io n a l b a n k s o r g a n iz e d

.

5,029—The Merchants’ A Manufacture s’ National Bank of Colum­

bus, Ohio. Capital, $35*’,000. William D. Park, President,
Hi ward 6 . Park. Cashier.
ft,080—The ' bird National Bauk of Atlanta, Georgia. Capital, $200,0C0. Frat k Hawkins, Jr., President; Joseph A. McCord,
Cashier.
5,031—The Greensboro National Bank, Greensboro, North Carolina.
; ^
Capital, $ 1 0 0 ,0 0 0 .---------------- .President; Albert Haywood
Alderman, CasLier.
CORPORATE EXISTENCE EXTEND ED.

W

l x ii.

Exports.

C a b le .

Tbe daily closing quotations for securities. See,., at London
are reported by cable as follows for the week ending; Jan. 24:
London.

[V ol.

2.320—

Week.

Week.

Since Jan. 1

Great Britain_____
France......................
Germany..................
West Indies.............
Mexico......................
South America........
All other countries.

$760,700 $2,060,564

Total 1896........
Total 1895........
Total 1894........

*884,047 $2,189,976
363,030
1,553,188
2,557,2021
829,006

100,000

Since Jan. 1 .

100,000

12,077

13,157

11,270

15,770
485

$20
200

4,962

$11,500
20,3)8
36,902
10,502

$25,500
23,574
10,605

$79,222
99,378
85,392

20,318

C h an g es in L e g a l T enders an d N a t io n a l B a n k N otes to
J a n u a r y 1.—The Comptroller of the Currency has furnished

us the following, showing the amounts of national bank
notes December 1, together with the amounts outstanding
January 1, and the increase or decrease during the month;
also the changes in legal tenders held for the redemption of
bank notes up to January 1.
national Bank .Votes—
Amount outstanding December 1,1895..
Amount issued daring December............
Amount retired daring December..........

$808,017
1,051,392

243,375
$213,627,821

Amount outstanding Jan. 1, 1896*------Legal Tender Notes—
Amount on deposit to redeem national bank
notes December 1,1895........
................
Amou.it deposited during December............
Am t reissued and bank notes retired in Dec.

$213,871,196

$535,694
925,703

$23,401,670'
390,009

Amount on deposit to redeem national
banknotes Jan. 1,1396.....................
$23,011,661
•Circulation of National Gold Banks, not Included In above, $89,152

According to the above the amount of legal tenders on
deposit January 1 with the Treasurer of the United States to
redeem national banknotes was $23, Oil, 661. The portion of
this deposit made (1) by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (3) by banks
relucing or retiring their circulation, was as follows on the
first of each of the last five months:

The First National Bank of Boonville, New York, until January
4, 1916.
Nov. 1.
Dec. 1.
Oct. 1.
Jan. 1.
2.321—
The Fm t National Bank of Wilson, North Carolina, until Janu­Deposits by— Sept. 1.
ary 17, 1916.
$
$
$
$
$
IN LIQUIDATION .
803,582
840,613
934,280
888,656
Insolv’ntbks.
964,843
4,716—The Firt-t National Bank of Creede, Colorado, has gone into Llquid’g bks. 5,083,115 5,065,315 4,995,461 4,954,332 4,838,582
voluntary liquidation by resolution of Its stockholders, dated Red’c’g under
a e to f1874* 18,241,435 18,211,389 17,781,193 17,643,756 17,208,230
December 31, 1895.
1,304—The Farmers’ <fe Drovers’ National Bank of 8 ome»s, New York,
Total...... 24,258,830 24,165,360 26,617.267 23,401,670 23,011,661
has gone into voluntary liquidation by resolution of its stockholdc s dated June 25, 1895, to take effect from and after
’ Act of June 20, 1874, and July 12, 1882.
January 15, 1896.
3,025—7he First National Bank of East Portland, Portland, Oregon,*
has gone Into voluntary liquidation by resolution of its stock­
—The Atlantic Mutual Insurance Co. of New York, issued
holders dated October 31, 1895.
CORPORATE EXISTENCE E X PIR E D .

2.322—

this week their annual statement, which will be found in an­

other column of this issue of the C h r o n ic l e . A divider d of
The National Bank of Greer sboro, North Carolina, expired by
40 per cent is declared on the net earned premiums for the year,
limitation January 18,1896.

1895, for which certificates will be issued as usual. Six per
cent interest on outstanding certificates will be paid Feb. 4th
the imports at New York for the week ending for dry goods and the outstanding certificates of 1890 will be redeemed.
January 16 and for the week ending for general merchandise The assets of the company now stand at §11,374,560; the
January 17; also totals since the beginning of the first week premiums on marine risks for the year were $2,622,872, and
in January.
the losses paid during the same period were $1,218,407.
FOREIGN IM PORTS AT N E W Y O R K .
—The annual statement of the United States branch of the
For Week.
1893.
1894.
Liverpool and London and Globe Insurance Company is pub­
1895.
1896.
lished in another column. As in previous years, it shows
Dry Goods......
$4,091,787
$1,765,362
$4,009,966
$3,031,983 again an increase in assets, and the surplus no w amounts to
7,875,085
Gen’l mer’dise.
5,653,379
7,860,280
6,298,156
$3,314,117. Among the gilt-edged investments there are
Total......... $11,966,872
$7,418,741 $11,870,246
$9,330,139 §1,724,625 in United States Government 4 per cent bonds,
Since Jan. 1.
$3,588,318 in loans on bond and mortgage and $1,752,000 i n,
Dry Goods......
$8,238,240
$4,194,180 $7,962, ? 03
$6,215,059 real estate.
Gen’l mer’dlse.
17,891,525
12,352,761
13,558,384
14,053,046
—Messrs. Redmond, Kerr & Co. announce in our advertis­
Tbtal 2 weeks.. *26,129,765 $16,546,941 $21,520,887 $20,268,105
ing columns that they will subscribe to the Government new
The imports of dry goods for one week later will be found loan for such of their clients as may find it inconvenient to do
so direct, and will undertake to furnish the required gold,
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of which shall not be withdrawn from the U. S. Treasury. Ap­
specie) from the port of New York to foreign ports for the plications must reach them on or before Feb. 2. They will
furnish particulars at their office, 41 Wall St,, New York.
week ending January 21 and from January 1 to date ;
EXPO RTS FROM NEW Y O R K F O R TH E W E E K .
—Messrs. C. W. Haskins and E, W . Rells, consulting ac­
countants and auditors, who, it will be remembered, were
1893.
1891.
1895.
18E6
experts to the United States Government during the 53d
For the week..
$6,209,932
$8,079,086
$9,788,484
$8,076,167 Congress, offer their services for periodical and special ex­
Prev. reported.
7,439,161
7,110,450
7,616,723
9,538,642 aminations of accounts and to introduce simple and efficient
Their office is at No. 2 Nassau
Total 2 weeks.. $13,649,393 $15,169,536 $17,405,207 $17,614,809 methods of accounting.
Street, New York.
The following table shows the exports and imports of specie
—The thirty-sixth annual staff ment of the Home Life In­
at the port of New York for the week ending January 18 and surance Co. will be found in another column. The company
since January 1, 1896, and for the corresponding periods in wrote in 1895 insurance for $12,304,313 as against $10,287,850
the previous year. The assets show an increase of four and
EXPO RTS AND IMPORTS OF 8 P E 0 IB AT NEW Y O R K .
eight tenths per cent and the reserve seven ard six-tenths
per cent.
Exports.
Imports.
Gold.
—The large Mosler-Corliss bank safe in the window of the
Week.
Since Jan.l,
Week.
Since Jan. 1. Mosler Safe Co. at 305 Broadway is attracting much attention
Great Britain.........
$2,113,592 $7,125,417 $3,068,061 $3,068,061 and is a very practical advertisement of that popular form of
Franco......... .
1,447.500
1,447,500 safe. The invitation of the company to call and have the
Germ any...-...........
182,265
182,265 strength of the safe shown them is worthy of acceptance by
West Indies.............
13,020
16,520
100
50,279 I those interested.
Mexico.....................
7,224
2,224
South America........
360,606
333,606
28,361
137,556
—Attention is directed to the fact that Messrs. P. J, GoodAnother countries.
2,595 hart & Co. make a specialty of bank stocks. The firm are
Total 1896........
$2,428,612 $-.475,537 *4,728.561 $4,890,480 members of the New York Stock Exchange, their offices
Total 1896........
5,oo5,900 11,919,1361
197,349
231.827 being at 38 Wall Street Their r. ’ d will he found in cur
Total 1894........
721,150
939,296'
15 668 __ 158,819 advertising columns.
I m ports

and

E xports

for the

W e e k .—T he following are

J anuary 25, 1896.J

THE CHRONICLE.

Bre& dataiT* F ig u r e # B r o u g iit F r o m Fosse 1 9 4 .—The
statem ents b elow are prepared by ua fr o m th e figures o f the
N ew Y o rk P rod u ce E xch a n g e. W e first g iv e the receip ts at
“W estern la k e and riv er ports, a rra n ged so as to present t i e
com p a ra tiv e m ov em en t f o r the w eek en d in g Jan. 18, 1898,
and sin ce A u g u s t 1. f o r ea ch o f th e la st th re e years:
OaU.
Barley.
Com.
-Hp Wheat.
FJtur.
Bmb£& W*\BunK.3%ibis BmfoMW* Uu.re it
m ki0m $
15,300
Sm*330
193,000 AW4JBS 1,767,018
som
<Jhicatro..—
217.000
16,000
33^00
2S0.300
70,300
ii ;!.*»(•
Milwaukee..
17,924
'22,201
4,281
S.88S
•0?-».S**-.>
Daiuth
92,100
.......
Minneapolis.
....... 1,715,20)
.......
6.0
2,690
293,200
749
588-0
87,961
68.SS1
82,019
£1,415
mm
etroli......
7,108
21.386
10,670
31ft
C!ereland...
90,000
ae.300
230,504
8*J.31«
C-V'3*
St. L-j-tij.....
362,800
23,200
4,2)0
033,450
&,S5«
m jm
Feoria... ..
18,248
K&mm City*
*.
mi9M.
39,388
157,154 2,769,442 4.212,740 A«aMM
Tut.wfc’tW.
tm ,m
29,543
-Same
m jm i :m s m 1,867.S'* 1,176,382
708,203
85,405
1^A1«
Same
l
Mints A. 1.
60,-83,914! 74.371,871 23.081.018 2,307,333
im s-m .... 6,331,943
42,717,377 48,331,.212 24,847,263 1,4 27,910
189&46 .... 7,040,3 i>
i&Aum..... 7,045.118 108.443.P79 m .u 2 ,m 67,S2~%72t! S0,440*ti8 e, 115.23
Bic- iots at-

T h e receipts o f flour a nd gra in at th e seaboard porta fo r the
w e e k ended Jan, 18. 1898, fo llo w :
QaU*
Barley.
Whmr,
Rjf.
Whaat, Otm%.
bmh.
&U»h.
btoth.
bmh.
bbis.
bmll.
I7i#.2O0
63,625
mb
tU.M*
515
mMi
141J79
.
%W7S' ........
3,585
M< i
Montreal ....—
U2.M6 SyriAII
....
FklladeilpIiiA... .
S&.7J1
$.%U ynjm>
0,088
Baltimore ......... ,, m,
,,
%HV
11.#30
83.153.
New Orleans...... .. I5.it?
XiM
„ 2^4,089 482.(41
9i,04#
8,888
$1
70,11.80
8,684
Week h m .......... 114,051 110,349 mi.mi
T h e total receipts at porta n am ed in last table fr o m Jan. 1
to Jan. 18 com pare as follow s fo r fo u r years:
« « « * < « • > . iso#,
t
mb*.
ise*.
*3%SiI.
$UM t
JRoar
tbblM*

Whmt

.feual**

i M fjm
1.113,7**
4*4,431
07,7881'
Tot*i«WiO.».«.*.» 8/41ltI«§
44,102,*95
■§,7&3,7f2
T he e xp orts fro m th e severa l seaboard ports fo r the w eek
en d in g Jan, 19, 1888, are s h o w n in th e a n n ex ed s ta te m e n t
Fl&Utr,
Wheat.
Cmn.
KMU
Bye.
Peas,
bmh.
frwmbbi*.
bmh.
bmh.
bmh.
bmh.
tm jm
iis Mm
*0.738 ........
Mew Totk*.*...,
UMi
2 40,
_.....
»0
BmUm .........
FoniaM ........
¥MM
H7,le?i IK S .11.
J P M s ...
mm
48,0*8
BmUmmtk,.
18,000
0h%
New
-.,
Vjffolk .......
mkm??
tiwpari Jfewt
m&AM t o ijit
h-Jm
toairea* .
Arzjm 8L.«87,l0f 84Bjm
WM% .... ...
1
mwn
760,117 m 7,m
8,181
IS
*0.«1
T he destination o f these exp orts fo r the w eek and since
Sept. 1, 1895, is as lc lo w . W e a d d th e totals fo r the c o r r e s ­
p on d in g periods o f last y ea r f o r com p a rison :
tf———C&m,—*—an
Expert* for ' Week Situ* Sept. Week' Bints Sept. Week Since Sept.
*mmk and elm* Jam. 18,
1, IW . Jim. 18. 1, tOMt Jin. It. t. l*m,,
Sept. 1 to—
bmh.
hm.
hU*.
tmek.
hmh.
h 444.
Coitflil Kingdom &Xf*7 $AUjm
WJtWMQ I M S i*l9.wni43
CunSineiii
... it, J8*
iliM l
i .hH i If 814,007
8.4 €»- Amartca. 8IJSS*
ftl MW
1mm
6.4*8
to.tti
west liiBiee*,,
m im i
M
ts.mi
n % S77
Brit. S. a.. Cc •«. 11,013
im.wt
tm .m
sHS*>
Other WQHtiiiR,.
2.139
*1,01 i
w t& z
Tdimi
st&ioa a .i/t-i s t . i w
\S4M1« 2,407.106 82>7.I3,«08
Total 1804-95 ... W M > i>,h7iam ijmt'Stofc ■^£*3,*$* 7T..H7 §,$2i,3U7
* Jaeiads*. 49?,$i0 te_4ttQl»eofn
fro m : br-WR* Via* *I11Q#Imt. i, URXL
T a e visible supply o f grain , com p risin g th e stock s in g ra n a ry
a t the principal poin ts o f accumula-tfon at lake and seaboard
porta, Jan* 18,1896, w as as fo llo w s ;
W%0&£*
€%rt*.
7*1milore a$~*
hueh.
hu*h.
New To?It.
......8,(tfe.fi00
049,000
Do
n i,
33,600
A!b#or................
JMIjftaO
Bu f f a l o S NMg OQO
nmeee
Do
•im.wm
C1Mcage* .... .........,80*087*000
;o
Do
afloat
Mil waalce*............ 437.000
1,000
Do afloat......
176.000
.. t. '21,000
IW .illl.,,__ ..
D*>2ai,&6vat.....
512,OCJ
Toledo..... ............. . fe*5.880
Do afloat,......
INstfOlf
Do afloat......
..............
I
24,000
8t. tioai*,.......
M0CMM8
888*000
Do ifloifc..*,,,
"Mm 6
Gtafdtumti. ...........
...............
Wmmm.........
Mot*
P h iladelph ia....... .
3*9,00*
1
iW)11#
» 93.000SlrAKK
Itausa* City....... ... I, r«».«»c
f.'flec
BaJa$oor«............. 2o l,o0O
m
M5on o*f»oiI#...,.......J 9,.>37,000
IMJM
iso.
U'1,000
On Hiiaiasfppj River.
....
On Lathe**.-.. .........
........
....
Du flsaat and river...........
k
Total Jm IS, H0$,0TJt0$,090
7,«7I/
1*551,000 3.420,orio
Total Jfar». If, tSKO.^aSi.VlOO
« \-»j *
tjsa&aoQ
Tfitjki Jtm. in. Ison **\-*< •.
^7
s.Hi.ooo
€13,W0 I »
Total 3m S*>,
000
4.117,000
mfjmo 2,101,000
Total Aaa. 11, ISos m jtm jm
iCi ?6 «
8*617,000 t«W«ooo 2,051,000
Obt* ...
Barte/ ,

f

m ent, ra ilroad and street ra ilw a y securities. T h eir ca rd
w ill ba fo u n d on th e first advertisin g page o f to-d a y’ s
C k r Os i c l e .
C ity I t a iir o a d

S e c u r it ie s —B rok ers’ Q uotations.

hid. Ask.
Bid.
*ColJimbus
9tli A re . 5s.
Allan. Ave., B’klya—
Con. 58, g., 1931 ,.A * 0 }107
D. L>. K. B. & Bat'y—Stk.
..... 85 S 1st, gold* 5*. 1932.J*feD
Impt. 5s, g„
30
Sfrip.......... .........
Bleat. St. A Ful. F.-Stk. 23
let mom, 7s, 1900. J&J 3109
Eightn A vemie—Stoek. - e’ wayATtiiA^'e.—stock. 153 &
| S<Sttp, 8 s, * 9 1 4 ..............
l8tmort.,5s,1904.JAD {105M1 IQlb 42d & Gr. St. For.—St-ock
'2d mon.,5s,19i4.JAJ 5109 112 42d St.tt Man.<feSEN.Ay.
B'nray lBt.5a.gnar.192-: 4112 115 |, l st more. 0s, 1910. M& S
2d 5a.lut.aa rent'1.1903 :102 105 : 2d mort, incom e 0s, J & j
Consol. S8.1943-..JAI)' 1113. 112 ! Long Island Traction__
Brooklyn City—stooit.... Ids*, 167«« ■Lex,Ave.&■Pav.'Ferry 5s.
Consol. Ss, 19-1I...J&J 110 112 [ Metropolitan Traction...
Nintli Avenue—Stock...
Bkl vn. Cross t' u5 a. 1BOS. 105
Bkl’n.Q'nsCo.ASut.ls! 9S 100% Second Avenue—Stock.. 150
BJtiyn-C.AX'wfwu-SUt 150 190 1 1st mort,5a,1909.M<fcN;U08
Debenture 5s, 1909,J&J 103
5s, 1939....................... lit OH in %
BrookIjm TrueUon.........
7 *9 9% iSixth A venue—Stock.... 195
51 j 'Third A venu e—S to c k . . . 173
Preferred...................
if
Centra! Otojeterwn—Sdt.; 190
1st mort., 6st 1937. J&J US
let M.,Be, 1022.. . MAX i l l s
Twenty-Third St.—S i’ k . soo
Cen,Pk.S.*E.Rtr.~Stk. 100
i Del). 5s, 1903............
|!1 i:Union By—Stock........
Consol. 7«. Wifi...J.feD m
Onnsfp'rA loth St.—stk. 150 155 ' 1st 5a, 1942
5.101
We6tchegt*r. l.at,gu,,5a.i|l()0'
1st mom, 1S9S...AAO 105
§ And accrued, interest.
X Bx-dividend.
O as S e c u r it ie s — B rokers’ Q uotatioas,
Bid. Ask. i!

HAS COMPANIES.

9AS COMPANIES.

Ask.
113

Hi
103

355
328”
65

117%
71

20
111%

104%
15™
lo§

W
105
100

103

101%

Bid.

» '» (Brooklyn). ___ 100
.... PeopHM' (Jersey City)....; ito 175
7*9 Moiropolltan (Brooklyn). *230
103 WUlinraatarg ................... 300

BrooWira «*»• Light....... S50

ConAnmem'iJ«r*»y Oiiy). 74
i >
.......................... :*>
i « « » .................................. :uni
p w ok iy n )....... 1too i . . . .
... Fulton Municipal..............200
f«r«ey City A Koneken.. 180
Bond,. «».................
105
Mntroj'OiitAii -Bond-. . . . . lOd 109
autoAiiX, y .................. 223
m .K,t«auwe............................. <307
l Bonds. Sa, 1S90........... J l0 «
NMWtt (Brooklyn)....... :kW
... sp l'.ml............................ 70
Scrip............................. 100
Sf. f . * K*,t Hlr. 1»t 5a . 071, 99 :Bond-. ........................... 585
78 ;standard prof................ * 104
Prcferrw! ............ . ... 87
Common.
......... 3'1
HHlj Common........................ 87
Oon«ll. 5* ................. n o !> v Weolera O a »................... 03
!,* Bond,. 5 ,..............
{87
i And aeonunl tnwraat. • Ex right*.

A u c tio n S a le * .— A m o n g o th e r secu rities th e fo llo w in g , n o
regularly dea lt in at th e B oa rd , w are re ce n tly sold a t a u ctio n
B y Messrs. R. V . H arn ett & C o . :
Bharat.
I
Bonds.

10 Reai Eat. Ex.4 Auc.Room, 7G

tlO.flOO Balt. * Ohio Rv. ex-

■15................. 0 0 %

By Messrs. A d ria n H , M uller
Shares.
20 Jlnrhsilt i'! Lift* fn» Co.893
t o O C H t t - o C h iM W x V
425 Nat- •«<•
H k lja .S -l
12 Cttt.*T. x. HR Co prof. 2
00 Chi. A Tex. RR. Co. com .
* 4 0 lo t

4 lot Not Bank Of Newport Now*. V » .........400
2 Hemirtt? 9SVUIK8 A Tr.
Co.. Porcintd. <>re___100
3 Brooklyn Tr*.i,£ Co___ 893
2 iBw Hoor Iron C o------ 400
53 Big Muddy Coal A iron
................
1%
Co. pr* r
2 Newport Now* Ustht dt
Water Co ...................
1%
2 Tredegar Co.................. 25
2 Portland Ga, Co .......... 5
2 IntTnat OeeanT’leg, Co. 103
2German-Amer Ins. Co.343
2 Newport NoWaShipbTd
ing * Dry Dock C o... 6
4510 Merril) Mf«. Co___$1 per ah.
25 UnionTra-t Co.. N. Y..727%
l.->0 Seattle Coal A It, Co..*21 lot
00 Title Guar. <k Trust Co.200%
400 Btaodard Onr-h. Co. pf. 106
25 Manner#'Tr Co .B Kljrti.204
Hands.
*1.000 Chi. A Tex. RR. 4«t5«, ^
*1,000 Crown Point iron Co.
6s, 189 7................................ 30

& S on :
Bands.
84,000 Tredegar 00.4 e, 1690. 50
*2,000 Chateausuy Ore St
iron Co. 0*. 19tr,.... ........ 45
$4,000 I, nice creek Cattle
Co. 6s, deb., 1896............. 10
$2,0' o Cli saiieake Dry Dock
A Coi.str. Co 1st 3#. 1037 . 86
$2.POo New River Bri ge Co.
1st 6a, 1898.................
100
$500 Cheney Water & Lurid
Co. 7».................................... go
$1,000 Chu.*, Ry Term’ l Ele­
vator Co. 1st a, f. Us, 19-41,
$500 each............................. 70
$2,000 Newport News L. &
Water Co. tat 3«. 1942....... 65
$340 Wash. Water Power Co.
(>,, ooll. tr. notes................. 70
$10,000 ExeeMorSpringRR.
Co. 1st 6#, M A N ................
5
$1,000 Harlem Rlv, St Portcheater UR. 1st 7s, 1903,
A t o . . ........................ 110% * in t
$00,000 N. V, Guar. & Indem,
Co. receipts ou necr of purOba#e of eons. mort. bonds
of Cent, of Georgia Ry. Co,
40 per Cent paid.............. $41,100
$50,000 Kearney Elect. Co.,
of Kearney, Neb,, 5-20 1st
Bs, 1909; July 1, I801,aoup >n- on ..................... .
$16,300

Ranking and I^iuaiictaL
S p e n c e r

T r a s k

&

C o .,

BANKERS,

27 & 2 9 P IN K S T R E E T ,
65 State Street, Albany,

IN V E ST M E N T

NEW Y O R K .

SECURITIES.

S amuel D. D avis & Co.,
B A N K E R S,
NO, 4 0 W A K E S T ., N E W T O lt f t ,
S a m ce l D, D a v is ,
.
■

C h a r , B. V a n N o s t r a n d ,
—
.........—■I

i

Q'BORQH BABChAr Mure AT.

M

— Messrs* B j w h , M cK in ley & S h erm a n , No. 8 Broad Slrcet,
m e m b e r s N e w Y o r k S to c k E x c h a n g e , in v ito c o r r e s p o n d e n c e
a n d i o t j iir ie a in r e l a t io n t o t h : p u r c h a s e J a n d s a le o f O j v e r n -

173

30

o

f

f

a

An - x a n d u M. W h i t », 3 r
t

&

W

BAN K ERS
P I N E S T It E E T ,
INVESTMENT

h

-

s e c u r it i

i

t

e

N E W

,
If O II K.

THE CHRONICLE.

174

[VOL. I,XII.

P osted rates o f lea d in g bankers are as fo llo w s :
J f r e

{ t a n k e r s ’

( S & s r t lr .
January 24.

Name o f Company.

Per
Cent,

When I
Books closed.
Payable. {Days inclusive.)

K itH roadn.
5
Mch. 2 Feb. 2 to Mob. 2
N, V. Chic. & 8 k Louis 1st prtf.
5
1 Jan.25 to Feb. 2
PUttborg A Lake E rie... — ....
H ank*.
Fell.
1 Jan. 24 to Feb. 2
Core Exchange,. . . . . . . . . . . . . . . . . .
6
Gaunevuort........... ........ ...... .. . . 12% Feb.
1 Jan. 8 to Jan. 31
Feb,
German American..— .............
3
1 Jan. 26 to Feb.
1 Jan. 20 to Feb. 2
Feb.
Oudios River.... . . . . . . . . . . . . . .
3
2
1 Jan. 22 to Jan. 31
Pad f!0 cqiuu-).... — ----------...
Feb.
T r u » t C o m p a n le * .
Farmers' Loan & »rust (quar.)..
5
Feb.
1 Jan. 22 to Feb. 1
2
Feb.
Kidd* County. Brooklyn (quar.).
1 Jan, 26 to Feb. 2
Nassau* B ro o k ly n ....... . . . . . . . . .
3
Fob.
! Jan.28 to Ftb. 2
F ir e I n s u r a n c e .
Fticrnix (Brooklyn)................
5
On dem. —-------- to —
5
Feb.
R u tger*........ ............. ...... .
1 Jan. 16 to Jan. 31
m 1seel la n e o n s .
Blackwells' Durham Ti bacco...
3
Jan. 221---- -— to
CeMr. 1 Gna Light of N. T ... . . . ..
3 Jan. 26 to Feb.
2
Feb.
Claiiin, 0 . B., U t w f . (quar.)..
) Jan. 22 to Feb.
"
'* 2nd prcf. (quar)..
Feb.
1 Jan. 21 to Jan. 31
Columbus (O*) Btr^et By (quar.).
1
Consoltd’ti Coal, M&. (annual),.. i 2
Feb.
3 Jan. 23 to Feb.
;Feb.
1 Jan. 26 to Feb.
Municipal lias, Albany (quar)... j 2
New En«lardTel.ife Teleg. (quar.)
1*4 Feb. ISiFeb. 1 to Feb. 15
Feb.
Pennsylv ania Coal (quar.). . . . . . . 4
1 'Jan. 23 to Feb.
Proeter & G am ble c’ nMeemi-a.)*! 6
; Feb. 15,Jan. 26 to Feb. 14
Pullman’s Palace Car (quar.)...
2
Feb. 15 1Feb. 2 to Feb. 16
Street By & Hi. Prm ernes prel.
3
Feb.
1 Jan. 26 to Jan. 31
Wash ngt’i), (P. C.)Gaa-L. (quar). 2% Feb.
1 Jan. 16 to Jan. 31
F* Dividends on common stock: are payable semi-annually hereafter,
instead of annually.

Si ™

W A L L STREET, F R ID A Y ,

JAN .

Sixty Days.

Prime bankers' sterling bills on London..

D I V I D E N D S ,

24, 1 8 9 6 .-5 P. M.

Documentary commercial.........................
Faria bankers' (franoB)................ „ ........
Amsterdam (guilders) bankers................
Frankfort or Bremen(reiehmarks) b'kers’

Demand.

4 89%®4 90
4 88^
4 8 7 4 ^ 4 87 is
4 P6%®4 87
5177je^5 1712 5
15%
401lft® 40h?
40*4^405,6
9511g^95ae
95U u -3>95%

T h e fo llo w in g w ere th e rates o f d om estic e x ch a n g e on N ew
Y o r k at th e u n d er-m en tion ed cities t o - d a y : S avan nah b u y in g
1-16 d iscou n t, sellin g par ; Charleston, b u y in g par, s e llin g %
p rem iu m ; N ew O rleans, ba n k , $1 50 p rem iu m ; co m m e rcia l
75c. per $1,000 d iscou n t; C h ica go, $10c. per $1,000 p rem iu m ;
St. L ou is, 50@75c. per $1,000 prem iu m .
U n ited S ta tes B o n d s .— Sales o f G ov ern m en t b on d s a t th e
B oard in clu d e $16,500 4s co u p ., 1907. at 109 to 110: $1,000 4s
reg., 1907, a t 108, and $23,000 5s co u p ., a t 118 to
Q u ota tion s are as fo llo w s :
Interest Jan.
Periods 18.

Jan.
20 .

Jan.
21 .

Jan.
22 .

Jan.
23.

Jan.
24.

2 s,
.reg. Q.-Moh. * 96 * 96 * 96 * 96 * 96 * 96
4s, 1907.* ........ reg. Q.-Jan. *108% *108% *108 *108 *108
108
109 *108% *108 b 109*2 110
4s, 1 9 0 7 ....„ .coup. Q.-Jan. *109
4e, 1 9 2 5 ....... .reg. 0 ,-Feb. *114 *114 *113% *113 *113 *113
4s, 1925......... coup. Q.-Feb. *115 *115 *114% *114 *114 *114
5s, 1904............ reg. Q.-Feb. *1111} *13114 *111 % * m % *111 *111
5a, 19 0 4.---.. .coup. Q,-Feb. *11234 * 112 % *112 % *11214 113% *113
6 s, oui'ey,’ 9 6 ...reg. J. & J. *100 *100 "100 *100 *100 ,*100
6 s, our’oy,’ 97- .reg. J. & J. *102 *102 *102 *102 *102 *102
6 s, cnr’ey,’ 98...reg. J. & J. *104 *104 *104 *104 *104 i*104
6 s, cur'oy,’ 9 9 .. .reg. J. & J. *107 *107 *107 *107 *107 *107
4s, (Cher.jl896.reg. March. *100 *100 *100 *100 *100 *100
4s, (Cher.jl897.reg. March. *100 *100 *100 *100 *100 |*100
4s, (Cher.)1898.reg. March. *100 *100 ‘ 100 ‘ 100 *100 1*100
is, (Cher.)1899.reg. March. *100 *100 * LOO *100 *3 00 1 100
' Tills Is the price Did at tfie morning uoard, no sale was made.

T h e M oney M a rk et and F in a n c ia l S it u a t io n .— The usual
U n ite d S ta tes S u b -T re a su ry .—T he fo llo w in g table show s
dem and for in vestm ent securities fo llo w in g th e Janu ary dis­
receipts and paym ents at the Sub-Treasury,
bursem ents o f in terest and dividen ds lias n o t as yet beer
Balances,
apparent, a n d business in W a ll Street has been restricted
Date. Receipt..
Payment..
Coin.
du rin g the w eek. E v id e n tly a large n um ber o f investors axe
Coin Cert’s. Currency.
either personally interested in th e prosp ectiv e Government
$
$
$
$
3,978,842 93,260,026
2.864.288
1,300,219 88,272,129
b on d issue o r are w a itin g for results o f th e distribution o) Jan. 18
3,466,824 93,618,206
4,40o,045
" 20
1,985,420 88,161,969
h e bonds.
“ 21 10,658,242
9,940,881 93,888,270
1,910,172 88,654,514
2,974,260 93,992,5S6 1,793,232 88,162,571
2,439,692
“ 22
3,252,474 93,879,277
« 23 3.262.289
1,884,160 88.194,767
2,744,141 94,188,951
“ 24 2,894,981
1,939,056 87,991,037
th e bidders for th e b on d s have gen era lly arran ged fo r their
Total 26,519.537 26,357,422 — — . . . . . .
paym ent. Still th ere are tran saction s rep orted in varying
C oin s.— F ollow in g are cu rren t quotation s in g o ld for
am ou nts o v e r th e cou n ter. F in a n cial interests are particu ­ coin s:
larly sensitive to p o litica l con dition s, a n d as th e latter have Sovereigns.......$ 4 86 ■@$4 91
Fine silver bars,.. — 6 7 ^ ^ — 69
N a poleon s...___ 3 85 ® 3 92
Five francs......... . — 90 @ — 95
b eco m e m ore settled d u rin g th e w eek, con serva tive classes X X Beiclimarlus. 4 70 ® 4 80
Mexican dollars.. - 53 ® — 55
25 Pesetas.. . . . . . . 4 76
4 86
Do uneom’ o ia l..-------@ -------- are m ore h opefu l a nd con fid en t.
Span, Doubloons, 15 55 ®15 75
Peruvian sols...... — 46 ® — 50
T he L o n d o n m ark et fo r A m erica n secu rities has im proved Hex. Doubloons .15 50 ®15 75
English silv er..., 4 80 -a 4 0 0
in ton e because o f in crea sin g co n fid en ce th a t th e h arm onious Fine gold bars... par 'cb% prem. XT. 8. trade dollars — 55 ® — 75
S ta te a n d R a ilr o a d B o n d s . ■Sales o f S ta te b on d s a t th e
d ip lom a tic relations h eretofore existin g b etw een th e tw o na­
B oa rd in clu d e $25,000 V ir g in ia fu n d , d eb t 2-3s o f 1991 at 591/
tion s w ill soon be fu lly restored.
The fore ig n e x ch a n g e m arket has been, a less im portan t in ­ to f f e ; $5,000 V irg in ia 6s d e fd ., tru st recta ., stam ped, at 6;
fluence in the fin a n cia l situ a tion th a n fo r several weeks past $3,000 A la b a m a Class A at 99: $2,000 N o. C arolin a co n . 4s
a n d $1,000 L ou isia n a co n . 4s a t 98.
n otw ith sta n d in g th e fa c t th at con d ition s are such as to m ake at 103
T h e m a rk et fo r ra ilw a y b on d s h as been e x ce p tio n a lly
it profitable to b o th e x p o rt and im p ort g o ld in considerable
quan tities at the same tim e.
d u ll and featureless, b u t th e to n e con tin u es firm . S u ch
T h e open m arket rates fo r ca ll loans d u rin g th e w eek on a c tiv ity as is n o tice d is con fin ed ch ie fly t o lo w -p rice d
s to ck a nd b on d collaterals have ran ged fr o m 3 to 4 U per bon d s, in w h ic h th e R ea din gs are m ost con sp icu ou s a n d h av e
cen t.
T o -d a y ’s rates o n ca ll w ere 3 to 4 per cen t. Prim e a d v a n ced an average o f a b ou t 2 p o in ts on th e p rosp ect o f a
com m e rcia l paper is qu oted at 6 per cen t.
speedy reh a b ilita tion o f th e co m p a n y .
D en v er & R io
T he B ank o f E n glan d w eek ly statem en t on Thursday G rande 4s and Col. M idland 4s h a v e a d v a n ced 1 to 1% p oin ts.
show ed an increase in b u llion o f £1.643,678, and the per­ T h e A tch is o n s a n d S ou th ern R y . 5s are also s tro n g on lim ite d
cen ta ge o f reserve to liabilities w as 63-32, again st 60-00 last sales. C ol. H . V . & T ol. 5s have m a d e a fu rth e r a d v a n ce o f
w eek ; the d iscou n t rate rem ains u n ch a n ged at 2 per cen t 3J^ p oin ts. M o. K a n . & T exas bon d s h av e been a c tiv e b u t
he B ank o f F ran ce show s an increase o f 4,785,000 francs in w ea k . S om e a c tiv ity is n oted also in Ches. &. O hio C h ic
o ld and 2,875,000 francs in silver.
R . I. & P a c ., M il. & St. P a u l, N o. P a cific, Ore. S h ort L in e '
The N ew Y o rk C ity Clearing-H ouse banks in their-statem ent Ore. Im p . co n . 5s, U n io n P a c., W a b a s h and W e s t Shore
o f Jan. 18 show ed an increase in th e reserve h eld o f $o 446 200 bonds.
ovur the requ ired reserve o f $32,343,550, kgalnst
Railroad and Miscellaneous Stocks.—Business in the
127,183,100 the previous week.
s to c k m a rk et has been lim ite d a n d con fin e d ch ie fly t o p r o ­
fession a l tra d in g . In th e ra ilw a y list flu ctu a tion s h av e in
1896.
Differen’ tfrom
1895.
1894
m ost cases been w ith in n a rrow lim its. E x c e p t som e w ea k ­
Jan, 18.
Prev. week.
Jan, 19.
Jan. 20 ,
ness on M on d a y as a resu lt o f senseless w a r ru m ors, th e
$
$
m a rk et lias luled. firm a n d q u ota tion s are g en era lly lii°’liei*
*
Capital..........
61,122,700
61,622,700
th
a n at th e close last w eek.
&
00,122,700
Surplus..........
73,017,100
72,028,200 72.515.200
Loan. A. dise'nh-. 453,958,200 Detj*L250,200 490.322.900
M an hattan E leva ted has been re la tiv ely a ctiv e a n d u n ­
419.685.900
Olreulatien........ 13.923,400 Dee.
79,200
stea d y sellin g a t 9 8 o n M on day, a t 1 0 2 ^ on T h ursd ay, a nd
Not deposits....... 492,403,800 loo. 1,135,000 11,412,100 12.742.200
542,306,200 closes a t 103%, T h e co a l stock s h av e been n e g le cte d e x ce p t
Sjaole................ 73,610,500 Ino .2,264,300 562.302.900
77,955,300 123,630,100 R ea d in g , w h ich has been stron g on th e th e o ry th a t its c o n ­
Pedal tenders.... 81,836,000 In c.3,181 ,900 108,085,500
114.700.900
d ition w ill be im p ro v e d u n der a n e w m a n a gem en t. T he
Reserve field___ 155,446,500 Ino .5,446,200 186,040,800
Legal reserve... 123,100,950 Inc. 283,750 140,575,725 238,331,000 g ra n g ers h a v e b een q u iet a n d stea d y, w ith n o im p o rta n t
135,576,550 n ew s a ffe ctin g th em .
Snrplng reserve 32,345,550 Ino.5,162,450 45,465,075
T he in d u stria l list has been as usual th e fa v o rite field fo r
102,754,450
F o r e ig n E x ch a n g e .—F oreign ex ch a n ge has been du ll and m a n ip u la tion . A m e rica n S u gar a n d A m e rica n T o b a c c o have
been th e m o s t con sp icu ou s featu res, b u t w h y th e y sh ou ld
easy on a lim ited dem and fo r bills. O n T h ursday there I S
m ore in qu iry from rem itters, w h ich ga v e a fi/m e r ton e to flu ctu a te ov er a ra n ge o f 4 % a n d 5 % p oin ts, resp ectiv ely , is
the m arket.
G old to the a m ou n t o f $2,500,000 has b le u best k n o w n to th e pa rties w h o are responsible fo r th e m o v e ­
m en t. G eneral E le ctric a d v a n ced a b ou t 2 p oin ts on th e re­
exp orted du rin g the w eek.
T o-day s a ctu a l rates o f e x ch a n g e w ere as fo llo w s : B ankers’ v iv a l o f an old ru m o r a b ou t an a llia n ce w ith th e W e s tin g house C om pany, w liic h was p r o m p tly den ied, and th e s to ck
dem and, 4 80@ f 8^
;
dropped b a ck t o a b o u t fo rm e r q u ota tion s. T he m ov em en ts
o f oth e r stock s in th e a ctiv e list are g en era lly u n im p orta n t.

J

ancA

THE CHRONICLE

l i y 2 5 , 1 8 9 6 ,]

175

NEW YORE STOCK EXCHANGE— A C T I V E S 2 0 C K S f o r w eek en d in g -J A N U A R Y 2 4 , an d since J A N . 1, 1896.
HIGHEST AND LOWEST PRICES.
Saturday,
Jan. 18.

Monday,
Jan. 20 .

Tuesday,
Jan. 21.

W e d n esd a y ,
J a n . 22.

T h u rsd a y ,
Jan. 2 3 .

F rid ay,
J a n . 24.

STOCKS.

Sales of
the
Week,
Shares.

Range for year 1896.
Lowest.

Highest.

A e liv e R K . S to c k s .
13 % 14%
13% 14%
14% 14% 1 4 % 14% 14% 14% 14% 14%'At,Top. A S.Fe.allinstal. paid 10,842 12% Jan.
15 Jan. 2
*21
21V 22% 22% -22
300 19 V Jan.
23 i *21V 23 |
Do. prat, when issued. _
21
21
23 Jan. 2
*21
22
*V
%
4
%
Jan.
V
%
‘
V
%
At
lantic
A
Pacific......
%
%
>
*%
% J an. 13
*V
41V 42 ;Baltiinore A Ohio........
1,602 36V Jan.
39
40
40
38 V -3 7
38
37% 37 % 38
38
43V Jan. 15
85 51 Jan.
*i*4
55 'Canadian Pacific. __
55% *53% 55
55 Jan. 14
52
52
52% 52 % 5 3 V 53 % *5-1
40 Canada Southern........
1,133 45 V Jan.
48V: 48% 48% 49
4 7 % 48
47% 4 7 % 4 8 V 4 8 V *46
49V Jan. 13
5,504 94% Jan.
00 V 100 V Central of Now Jersey.
97 % 97 %
9s % 99% 98% 99% 90 100
101 Jan. 2
07
u,
»99
»
65 14 V Jan.
14% 15%' 14% 1 4 V *14 V 1 5 V *14V 15%, 14 V 14 V -14V loVCentral Pacific........... .
14% Jan. 9
1 1 % 14 %
3,737 13 Jan.
1 4 V 14%
15
15V 15V 15 victiesapeafce& Ohio...
14% 1 4 %
13
15V
15V Jan. 2
153 1 3 9 !' ' 153 139 •153 159 *153 lau Chicago a A lton........ .. ....
153
4 m . _______
159
160 Ido
73V 74%
72 % 73 V
74% 75% 74 V 73% 74% 75% Chicago Burlington & Qaluoy 36,063, 71% Jan.
73
74%
77% Jan. 2
*41% 44
■41% 42 Chicago A Eastern Illinois
200! 42V Jan.
4 2 % 43 i *41% 45 ; '4 1 % 4 4 : ■41% II
-13 Jan. 18
98
9-8
*93 100
Do
pref.
100, 98 Jau.
100 } *1*5 100 1 *95 1 0 0 j *97 100
98 Jan. 23
60% 08% 60% 67 V 67% 68% 66% 69V! ds% 69V 68V 69%|Chicfigo Milwaukee A St. Paul 105,909; 63V Jan.
69% Jan, 15
<>07 125 Jan.
Do *
pref.
12 0
126% 12 0 % 126% 12 6 % 126% 126% 126% 130V 126% 126V 120V
127V J an. 2
8,12-7 94% J an. 7 100 V Jan. 2
08
98% 0 8 V 09VlChleayo A Northwestern.......
90% 97%
06 V
97
07 "4
0 7 V 0 3 V ; 98
Do
p re f.
145 V 145 V ■144V146 . 1 4 4 V 14 6 *144 1 4 «
35(142 Jan. S 145 Jan. 4
145
1 4 5 . •144 14 0
65% 66V 6 5 V 6 6 % 6 5 V 6 6 % C h ica g o R o ck Islan d A P a cific 20.493 62 Jan.
68V Jan. 2
6 3 % 65 % ' t . 5, 64%. 64%
3
0
3
6
*
3.7
3
7
jO
U
cugd
St.
P
anl
M
inn.
&
Out.
35%
3
4
%
1,050
31V Jan.
36
36
34
%
37 Jan. 15
3 5 % 33%.
11 9
122
118 12 2
Do
p r e f.
121 •122 ........ ■113 122
104117 Jan.
121 Jan. 15
*121
125 , 121
3,264 j 31 Jail.
3 4 V S o V C leve. Cinein. Clitc. A St. L ...
35 35 j 3 1 % 3 5 V
3 3 % 3 4 ' 31% 34 V
37 Jan, 2
33 % 34%
Do
p re f
85
93
*85 95 I * 9 6 V 0 7 V *3-7 9 5
i.o s s ; 13 jail.
1
8
V
18%
,
1
8
V
1
*
V
C
o
lu
m
b
u
s
H
o
c
k
in
g
V
a
l.
&
T
ol
•1«
17
17
17*4, IS
18% Jan. 23
13V
• i e v 18
5,7
DD
oo
*55
05
'5
.,
6 6.7
5 1
p re f,
65
•55
*53
65
65
6 3 ^ *53
*55
3,472 1194i Jan.
1 2 5 % *1 2- "7 ----------D ela w a re A
H u *d s o n ............
125
........
* ~
12 4% 125% 124 V 125% 125 1 2 5 V! 125% 125 V 125
127 Jan. 2-1
180 155% Jan.
163 V ! D elaw a re Lack a w a n n a * West
*160
163 •161 *416 3 ; 162 1 6 2 V '160 162 V 1.70 1 6 0 V *161
163 Jan. 15
IA . Denver A K:-, - : -I -........ .
-12 8 13% ■12 - l:; 8
* h % 12% *11 %
12% Jan. 16
1 2 V Jan1,589 40 Jan.
4 4 V 4 4 Vi
Do
p re f.
44V 44V 4 3 V 4 4
44% Jan. 16
4 2 % \*2’% 42 V 42V', 4 2 % 4 3 V
*25
30
*2 s
3 0 E v a n s v ille & T e rr e H a u te
*25
30
30
*25 Jan.
*23
30
m
*25
*25
27 Jan. 13
10
Uo
114
llo
111 'G r e a tN o r th e r n .p r e f..................
110 l i t
■no
113 113
in
•no
no
385 89 V Jau.
94
to;
m
97
95
'04
06V * » t V 0 0 V 8 0 V 9*1 V 'l l l i a o w C e n tra l............................
97
96V Jan. 10
2-' ■ 7 V Jan.
TV
SV
7V
8 J Iowa Central...........................
8
8 f
7V
7V
8
8
8 Jan. 10
*7V BV
28
2*
- 20
29
D o'
p re f.
25 Jau.
2 9 V 2 4 V *25% 2 7 V •2.7V 28
38 Jan. 16
2 7 V 27 V
-1 655 IS Jau,
20
1 it H 2 *.*v ' L ake Krfo & W e s te r n ...............
19
19 j 2 0
20
19 V 19 V
16 % 18 V
20 V Jan. 24
71
820 6 IV Jan.
71
71 .
Do
p re f.
70
70
70 V
6 9 V 6 9 v ; 71
72 V Jau. 15
IV 7 1 % 7 2 % :
143% 1 4 1
143
1 4 1 % Lake S h ore A M ich. S ou th ern .
1 U% 113
3,496,134% Jan. 7 145V Jan. 14
112 % 142 V 140% 141
111 V I 12
200 82 Jau.
V I V 83
m
m
82
•at V 8 3 t *81 V 83 .L o n g I n la n d ...............................
82
'8 1 V 33
84 Jan. 7
1,02.7 16 Jau.
19
SO I 1 9 % 1 9 % ;L o o g Islan d T ra e., a ll Ins. pd.
20 Jan. 23
-4 8 % It) ; ‘ 18 V 1 9 V *1 8 V 20
*16% 19
12 h -iy v : 43% 41% 4-4% 45V
i t '- - 4 3
4 1 % I V - L ou & yllle A N a s h v ille ............. 30,6*6 ISO's Jan.
44
43
46 V Jan. 2
:• 0% OviLouisv, New Aibauy A CMo. - 1,170
0% 0%
9%
7 % Jau.
9 VI
9V Jan. 17
9%
9V
123 10V Jau.
20
20
20
19
*18
19
Do
p r e f.,
♦IS
10
*18
1 8 V 18%. *18
20V Jan. H
9 6 % 99%
99 % 100
m h io»i% 100 V 102 V 1 0 2 % 103% M anhattan E le v a te d ,e u tiso l
28,77.7 06% Jail.
98 V m m
log*- .Tan. 24
103
104
lo t
104
M etrop olita n T r a c t io n _____ ,i 3 .5 “ ' 92 Jan.
10 2
103
105 Jam 14
11*3 1(*3
1 0 0 V 103
K H V 104
*91 .9 .6 ,_____
Oil
% 94V J an.
„
........ ...........
*93
m
KW
; M ichigan
C entral.
96
9 6 V 0 6 V ; *93
95 V Jan, 2
20
20
L'J
*1-V !9%;Mtuue»polU A st. Louis
100 17 Jan.
• is
•18
2 0 : *16
16
*1.3
20
20 Jan. 13
*74
77 !
D
”o
77
*72
•7*1
77
*72
77 ;
77
•72
77
1st pref..! ........ j 72 Jan.
74V Jan. 10
43
41
41
2d pnref
*40
*43
43 ■
Do
ref
400 10 Jan.
*41 V 44
40 Jan. 3
4 0 V 4 1 VI • i l v 45
24.7, l o v Jan.
I I V M issouri K a n sa s A T ex a s . . . . .
10% 10% •10V 11 HI - 1 0 % 1 1 6
l I V Jan. 22
1 1 V 1 1 V * 1 0 % 1 1 % *11
* V,
Do
p re f.
2 5 i 2 1 Hi 23 V
25
iS H l
24 H
25
3,780 22 Jau.
88%
20V Jan. 14
315
1
1,77'24
23% 24 V; 2 1 % 2 5
2
4
%
2
1
%
*
2
1
%
2
7
V
M
issouri
F
aelfte...................
20V Jan. 2
24V
22
2-1 ;
.Mobile * Ohio
22 V 2 2 %
21
*22
10*! 21 Jan.
23 Jan. 11
•22V 24

M

•65
97
*13
*70
*23
14%

m

97
13 V
78
20
14%

•63
90V
‘ 12 V
*70
•23
11V
*****

8-5
! "05
9«%
U6 V 97
13 V. •12 V 1 i
78 j *7u
79
27
2 6 : *23
14 V
15
15
" ..-J
******

m

* 3 5 ? 47 ’ ’
180
183
13 V 13%
y
9%
2 4 % 21%
2
*1%

182
ISO :
ls 2 : 1-0
*13
13%
13V 13V
8V
9*4 8%
0
23% 2 4 V, *24 V 27
2
*1 % 2
* i%

*3
11%
•15
•5
*2%
8V
-li
•51
*15

3
■11%
*15
•5
*2%
8V
*14%
52%
*13

*116

3V
12
25
a
3
S*4
13 V
52 %
18

98
13%
78
2d
15
25

§5
07 V
15
80
29
15
2-5

181

119

5
10%:
28
90
113
20%
8%
20V
8
7%
37
*30
75
*65
3%
3
3V
*3
OV
6%
1«
13%
11
n v
35 V: 35%
*2%
3V

11*
80
30
15
«***.

‘ 65

■'•■ :
'"13
*7.7
*20
15V

8.3

N ushr.C hat t a n o o g a & s t. Louis

n1 ■
■•- VorkCentral A- Hu,i-,,u
15 !Now York Chicago A St. Louif
so :
Do
1st pref
20 !
Do
2d pref.
15V if. Y. L. E. A W n, ail lne*{ pd..
Do
pref., all ins'tpd.

*10

25

O reg on U’ y A* N a v ig a tio n Co

O regon m . L in e A U tah N orth
*5
8
:*Li”
■ —
- —
*3
3
V P e o ria
D eca tu r AE v a n sville
3
3
9% 10 *.. Pblla-A Reading 1st Inst. pd.
0% 9%
*13% i e v
1,7
16 Pittsburg Chin. Chic. A 3 t 1.
53 :
Do
pref.
52
5 3 V '52
*18 24 ! *13
21 ; Pittsburg 4* Western, pref....
ftio Grande Western
li­
116 117 V.*110 H 0 Rome Watertown A Ogdensb
•-,4
1 *5;
•:>!
.'Cl tftt.
Alt 4
M s RHaute.
.n li
st*
fit*
]§*, lends
Louie Alt.
A TTerre
4%,
*4V 5 ;sft- Louis Southwestern..........
Do
pref.
l"*s 10% 10% 10% 10*- 10V 11
28 i *22
*23
26 St. Paul A Duluth.
28
*85
90
In*
88
pref.
S110
1 1 0 ist. P aul M inn. A M asitnl>ba...
110 ID*

1,062
300
280
100
2,185
100

93% Jan. 7 98 Jan.
11 Jan. 2 15 Jan.
71% Jan. 17 80 .Tan.
26 Jan. 17 23 Jan.
13V J**n. 7 15 V Jau.
23 Jau. 10 25 Jan.

297 175 Jan.
1,750 12% Jan.
410
8 V .Tun.
4,040 21V Jan.
902
1,091

6 V Jan.
2% Jan.
10V Jau.

____
300i
23,370;
100
511
100;

_____ . . . .
2% .Tan.
2% Jau.
14% .Tan.
52 Jan.
17 Jan.

810
1,124

115 V
57 V
4
9

20

av
27%

9%
20%
7%
*30
*65
•i
*3
*0
16
11
30
*3

9 I
27 V:
?%|
37 !
75
4 !
3V

iiiJ J J J

!»V
27 V
*7V
*30
*65
‘3V
*3
6%
16
11
85%
*2%

JPJPffi# J8V*

62

J*%;

14
22
22
22
24
22
20
22
14
24

7 8 V Jan. 3
8 3% Jan. 4
8 12% Jau. 16
9
7
7
8
15

3 Jan.
10% Jan.
10% Jail.
55 J an.
18 Jim.

3
24
14
10
21

Jan. 13 113 Jan. 3
Jan. 15 60% Jan. 3
Jan. 7
5% Jan. 23
Jan. 6 11 Jan. 14

311 l i d join,
2,082 10% Jan.
3,327
7% Jan.
8%
27
11,558 23% Jau.
2<V! Do pent, voting trust. cert. i 11.558
s T e x a s A P a c ific .............
8
580 7V Jan.
8
37 Toledo A. Ohio Central.
37
*30
37
*03
73
75
Do
pref.
75
3V
3%
4
248
3V
3 V: Union Pacific Denver A Gulf.
*3
3V
7 Wabash.....................................
BV>
225
0%
1*5%
16
Do
pref.
5.235
16 V 1«V 16%
H
11%
11%'Wheeling
A
Lake
Erie............
10,481
11V
1IV
35V
*35
35%
38li
Do
pref.
531
36
*3
3%.
4 Wise. Ceil. Co., voting tr. ctfs.
4
4
100
tfls e e lla n .-o u * S t o c k s .
*16
17
16
10 %
16
17
*10
17
38S 10 Jan.
16
16
10% 16% American OottoB Oil Co
61 % 64 % ! 0 3 % 6.7
*63
*•-7 *63
05 ; ‘ 03
65V 08% 03
Do
pref.
375 03% Jan.
1 0 0 V 1 0 2 V 1O O V 1 0 1 V ; 100% 102 V 101% 102% 102% 104
103 105V American Sugar Refining Co. 128,418; 97 Jan.
*96
97V 90
98
9 6 V 00V
97% 97% 98
1,09*5 95 Jan.
OH
98
98
Do
pref.
77V
78% 78
81
7 7 V 70% 70% 70 j 75% 7.6
74% 78% American Tobacco Co............ 126,077 74% Jan.
* 1 0 2 V ......... 102 V 102 V * 1 0 I V ........ *101 i o i I 101 % 101 % ................................. Do
pref.
100 100V Jan.
« 1 V 67%: 0 5
6-7%
6 1 V eev; 0 3 % 63 1 64V 61%
0 1 % 66 Chicago Gas Co., certs, o f dep. 37.002 62 Jan.
1 4 4 V 145 ,1 1 1
111
14 0
40 140
146
144 140% 146
----- V,*143 147V Consolidated Oas Company..
14V
1 3 V 15
15 V
15
14% Jan.
15V 13V 15%, 13V 16V 15% 18 DIs.A.C. P.Co.,tf.cis.all Ins.pd.
24 %
25V 23% 2 5 V
2 4 V 26V
22 Jan.
20
27 V 25% 20%! 23% 26% General Electric Co
05 V 0-7' 1 ........ 05 *........ 65
02
62
62V 02%,Illinois Steel C*. ....
02 Jan.
*62% 65
24
21
23% 21 National Lead Co
23 Jan.
23 V 23 % :
2 3 V 23V *23 V 23
21
84% -65
84
85V
84 V 85 V
82 V Jan.
Do
pref.
83 V 85 V 83 V 83 V 83V 85V
4V 5
-1% 1% North American C o ...
4%
t%
4%
4 Jan.
4%
4% 4% *4% 4%
24% 25% 2=5
25% 20% Pacific Mail................
22% Jan.
25
25%
2 5 V 25V
25% 28%! 23% 26
‘ 144 . . . . . *140 ......... >*140 ........ n :» 7 V .......
Pipe Line Certificates.............
137V . . . . . . *137V
154 154
153 152 ’ 151.
Jan.
1-51 *131 151
302 i-lH
!
154V154 V 13*2 132 Pullman Palace Car Company
*67 V 07% *67V 6 7 V *07*4 07Vi *67% 07%
♦87V 67% Silver Bullion Certificates__
07% Jan.
25
26V 25
25% '
2 0 V 20V
7,285
23
Jan.
Tennessee
Coal
Iron
&
R
R
...
26% 27V 27
27%
2 «V 27
Do
pref.
5% 5 % U.S,Cord.Cf*.ttr,ree.all tns.pd,
5V 5V
5%
5 V 5V
1,993
IV.Tan.
SV 5 V
5V
5H 5%
*9 V 10
9 .Tan.
*9V 10% *9% 10V
- %
Pref.. tr. rets, all Ins. pd.
*0 V 10V *9% 10% 10. % 10
305
*9% 10
9V 10 j OV
9
Jan.
9%
9%
2,564
9
V
9%
United
States
Leather
Co......
9% 9V
00% 02
eiv
%; ei
03%
<4| 81% 62V 61V 03V 62
Do
pref. 16,518 56V Jan.
20V 27V 26V 26V 26V
27
27
United
States
Rubber
Co..
2,015
24
Jan.
20V 27% 27
27V
82% 83% 82V 63%: gp-, 83% 81V 82% 82V 82% 82%
63% Western Union Telegraph.
—
47,448 81% Jan.
* These ore bid and asked; no sole mode.
;| Lowest Is ex-diytdend.
1! Trust receipts.
20 V

7 182 Jan.
7 13% Jail.
8 9% Jan.
7 20% Jan.

22 115 Jan. 11
23 32 V Jan. 14
8 9% Jan. 15
7 28% Jan, 2
7 8V Jan. 2
t"**l>t>t*ss t- 00

IIS
11*4
59
4%
4 V 5%
* io v
10%
*22
*22
*33
! *85
,*110
*110 1 n
20 % 20 % 20V
«%
8% a%
23% 26% 25%
7 V 7%j
7%
*3*»
37 1 *30
*05
75 ! *65
3
*3V ___
*3
a V; *3V
6%
-O't
6V
15% 10 ! 15%
10% 11% 10%
36
80 ; 33V
2 V *3
2V

93

*13
•73
*27
15

13V i;s% ‘ 13V n % New York Ontario A Western
!»V 9Vj
9V
>% New York Susij. A West., new
25V 25
26 V i
Do
"
pref.
-IV
2 {NorfolkA Western.............
...... .......... :
Do
pref.
*3%
i 'i Northern Pacific.
Do
pref.
12V 12V! 12 V 12%

M l

3 ;
12 :
25
0H
3 '
8V
15 V
52% ;

*65.

4% Jan. 3
3V Jan. 8
6% Jan. 2
10% Jan. 15
11%.Tan. 17
37 V Jan. 17
3 V Jan. 8

20 18 Jan.
20 06 Jan.
7 105V Jan.
0 9-8 Jau.
24 84V Jan.
7 1 0 2 V Jan.
7 67 Jan.
Jan,
7 17% Jan.
6 27*4 Jan.
23 62 V Jan.
6 25% Jan.
7 85% Jan.
6 5 Jau.
7 20% Jan.

2
18
24
10
4
20
18
2
2
22
2-1

16
0
18
2

7 156 Jan. 14
8 07% Jan. 8
7 28%, Jan. 2
6
7
9
9
8
22

5% Jan.
11% Jan.
10% Jan.
04% Jan.
29 Jan.
85% Jan

15
15
16 _
10 •
13
2

THE CHRONICLE.

17(5

ii.iV YDilK STOCK. EXCUlStfE PRICES (.ConUnnod) ~ 1 N A O A l V 15 ST O C K S,
I nactive Stocks
f Indicate# unlisted,

Jan. 24. ! Range (salesj in 1896.
Ask, | Lowest.

Bid.

I nactive Stocks,
ft Indicates unlisted.

Highest

[Vox,. LXII,
^ I n d i c a t e s a ctu a l sates.J

Mlscellaueous Stocks*

BtUroad Stoekn,

Albany & Susquehanna........ - 10 0 170
IBs
Ann Arb *r.. . . . . . .....- .............. 10 0
Preferred........... . . . . . . . . . . 100 }26
4
Bali, a O. 8. W. prof,, n ew ..... too
B -UeviLto & South. HL p r e f„ - 10 0
B >8ton 4 N. Y. Air lin e prof.. 10 0 104*
15
10 0
•
B iffalo Rochester A Pittsburg 10 0 101
Preferred........... .............. . 10 0
B ail. Cedar Rapid# & N or......, 1 0 0
Clev. Lorain A Wheel, pref.— . 10 0
Cleveland A Pittsburg. ......... 60 158
6%
Des Moines & Foi t Bodge,..—. 1 0 0
Preferred.. . . . . . . . . . . . . . . ----- 100 45
5*4
Daluth So. Shore «&Atlantic ii 10 0
10
10 0
F

180
10 ! 9
...... | 24

Jan.
Jan.

10% J an.
26 Jan.

140 131% Jan.
106
10%
20 I 10 Jan.
55

131% Jan.
10

Jan.

41% Jan. 53 Jan.
155 Jan. 1 5 Jan.
7 Jan.
7% 5% Jan.
53
5 % Jan.
4% Jan.
6
12

F lin t A F e re M a rq u ette.. . . . . . . 1 0 0
P r e f e r r e d ..... — . . . .
.1 0 0
Gr. Bay Win. A St. P, tr. r e c ----- 100
P re fe rre d tru st ren ts. . . . . . ..1 0 0
H o u sto n & T e x a s C en tra ! . — 100
1*9 2%
85 Jan. 85
I llin o is C entral leased l i n e s ....1 0 0
27% 2o Jan. 25
Indiana Illin ois A I o w a .. . . . . . . 100 r22
8
8 Jan.
K a n a w h a & M ich iga n — . . . . .. 1 0 0
2
2 Jan.
" l’
K e o k u k A D ee M o i n e s ..... . . . . 1 0 0
■ P r e f e r r e d . . . . . . . -------- ------------100
1-7%
3
LouisV . 8 t. L ouis & T e x a s . . . . . . 100
9
9 Jan.
10
M ex ica n C entral................. . . . . . . 1 0 0
1%
1 % 1 Jan.
M e x ica n N a tion a l tr. e t fs ___ ..1 0 0
162% Jan. 164
M orris A E s s e x . . . . . . — ----- . . . 50
47*’ 4.5% Jan. 46
K ew 12 o gl an d .........— ,1 0 0
New J e rse y A N, ¥ . . . . . . . . . . . . 1 0 0
F re terred — .................. . . . . . . . 1 0 0
115% Jan. 120
N . Y. L ack. A W e s te r n — . — 100
N orfolk & S o u t h e r n . ..,............1 0 0
15
O h io S o u t h e r n ................ . . . . . 1 0 0
3
3 Jan.
4
7
P aoria A E as t g r a — .................. 100
R -ussel& er A S a r a t o g a . . . . . . . . . 100 178 182
R io G ran de W estern p r e f . . . . . . 100>

' No price Friday; latest price this week.

Jan.
Jan.
J an.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Range (sales) in 1896

Ja n , 24
Bid.

.100 146
41
.100 l L10
Am. Spirit Mfg. Co (when issu etl)ir
Preferred (when issued) If. ..
Amer, Telegraph A Cable. .... .100 191
B m State Gas TT....................... 50 19

Ask.
150
43
in

Adams E xpress...................
American Bank Note Co 1F.

%

Highest

Lowest.
Jan.
....Jan.

149% Jan.
___
115 Jan

91 Jan.
21% Jan.

91 Jan.
2244 Jan.

2% Jan.
23% Jan.

4% Jan.
23 Jan.
__
2 H Jan.

146
110

___
25
1

.100
Colorado Coal A Iron Devel- —100
J3% 3 ^
100 537
27Jfi
100
l
1%
Columbus A Hocking C oal... .100
100 150
.100
29
50
193
Edison Elec. 111. of Brooklyn. 100
100
60 £61
8pS|lp.
IOO
20
21
80
too 73
60
100 45
100
100
64
Minnesota Iron.
100 02
16
.100
20
National Starch Mfg, C o ..... 100
4
5
IOO
5
7
Ontario Silver Mining..
100 10
11%
100
Oregon Improvement C
4
2%
Pennsylvania Coal....»
50 310
.100
1% 2
100
Preferred........... .
15is
TOO
Texas Pacific Land Trust..
100 }21
100 138
U. S. E xpress.......... .
38is
IOO 85
U. 8. Rubber preferred
88
95 100
Wells, Fargo Express .

....

....

I 3* Jail.

....

....

....

Jan.

93

Jan,

60% Jan.

61

Jan.

18% Ian.
78% Jan.

20% Jan
78% Jan.
....

89

....

53 Jan.
18 Jan.
4% Jan.
8 Jan.
2% Jan.
2
17
38
83
97

Jan.

....
63 jan .
20% Jan.
5 Jan.
....
10, Jan.
4% Jan.
___
2 Jan.

JaB. 2 1
Jan. 42%
Jail.
89
Jan, 100

Jan.
Jan,
Jan.
Jan.

jAotual sales.

SEW YORK STOCK EXCHANGE V R l G m . - S T A T E B O N U S J A N U A R Y « 4 .
SECURITIES,
A’ sbama—Class A, 4 to 5....... 1906
Claes B, S a ............................1906
Class C, 4 b. . .......................... 1906
Currency funding 4g........... 1920
Arkansas—6a, fund, JUol. 1899-1900
do. Non-Hoi (ord
7a, Arkansas Central RE ..
Louisiana—'7s, cons............—.,9 1 4
Stamped 4s...................................
Hew conola. 4s..................... 1914

ask .

SECURITIES.

......

Missouri—F u n d . -.......1894-1895
Kortli Carolina—6s, old..........J&J

97 %

00b omitted.)

Capital Surplus Loans.

Ask.

SECURITIES*

Tennessee—6s, old........ 1892-1898
6s, new b on d s------.1892-8-1900
....... ........
do
new s e rie s..............1914
New bonds, J&J -...-1 8 9 2-1 8 9 8 ........ . . . . . .
Compromise, 3-4-5 6s........1 9 1 2
3 s.........................
...1913
Redemption 4s................1 9 0 7
Consolidated 4e................... 1910 102 ........
do
4%s.................1913
6 s . .. . ......... ............. ............1919 120
Penitentiary 419s................. 1913
Sontli Carolina—44ss, 20-40..1933 106% 109
Virginia funded debt, 2-3s ... 1991
2
6s, non-fund..........................1888
1
6s, deferred t’at ree’ts, stamped.

New York City Hank Statement for the week ending
January 19. 1896, W e om it tw o cip h ers {00) in a ll cases.
Basks,
(

Bid.

Bid.
109
111
100
102

Specie. Legals.

Deposits

Bid,

Ask,

.......
80

8~r

go"

604a
6

5%

New York City, Boston and Philadelphia Banks :
Capital &
Surplus. Loewis.
Specie. Legals. DepositsA CircTn. Clearings
$
N. Y.*
$
$
$
$
$
$
Dec. 21.. 134,000,6 489,646,6 67,856,5 78,555,0 517,290,8 13.973,1 747,817,0
28.. 134,139,8 478,466,5 67,114,2 74,097,8 501,089,3 13,926,7 667,659,3
Jam 4.. 134,139,8 465,580,7 08,954,7 73,728,7 491,614,9 13,952,9 645,072,3
11., 134,139,8 458,208,4 71,346,2 78,654,1 491,268,8 14,002,6 613,214,1
“ 18.. 134,139,8 453.958,2 73,610,5 81,838,0 492,403,8 13,923,4 590,908,9
Bos.*
Jan. 4.. 69,351,8 168,110,0 11,160,0 5,330,0 150,606,0 8,893,0 103,281,2
“ 11.. 69,351,8 166,865,0 11,329,0 6,794,0 145,752,0 8,945,0 88,019.1
“ 18.. 89,351,8 164,450,0 11,609,0 5,302,0 144,809,0 8,920,0 87,566,0
Fhlla. *
Jan. 4.. 35,263,0 108,159,0
29,585,0
108,948,0 6,364,0 81,548,3
“ XL. 35,263,0 107,629,0
30,022,0
107,737,0 6,396,0 69,070,3
“ 18.. 35,263,0 107,449,0
30,566,0
107,872,0 6,401,0 69,340,9
*
Aw0 ciphers in all these figures. + Including for Boston and Phila
delphia the item due to other hanks.”

Bank ol New York., $2,000,0 $1,965,4 $12.,090,0 $l/d90,*0 $1,530,0 $11,600,0
050.0 ™078,5 13. 113.0 1.348.0 4.089.0 15.506.0
Manhattan Co........ -------000.0
983.7 8, 319.5 1,868,8 1,001,6 9.522.8
Merchants’ .............
000,0
320.0 1.021.0 1.365.0 7.318.0
ltsl,6
Mechanics’ .....—
,839,5 3.106.1 2.459.9 17.842.0
389,4
500.0
America........ ......
000,0
920.0
260,0 1.060.0 3.845.0
422,0
Fhenix...................
000,0 ■8,5
111.1 12,218,7 4.295.6 32.040.4
207.7
Qity....... -.......-......
750.0
844,3
72,4
324.4 1.825.3
191.6
Tradesmen’ s . . . . ....
300.0 ,382.5
830.5 3.346.9 4.233.5 23.137.1
Chemical
741.2
16L5
873.4
600.0
Merchants’ Excb’ge
506.9 4.388.1
,000,0 . :-jok
551.9 1.371.3 5.127.0
067.8
Qallatin N ationai...
300.0
BtLtchers’&Drovers’
229,5
220.9
447.9
202.3 1.646.9
330.2
601,0
190.0
Mechanics’ <s Trad’s 400.0
305.0 2.570.0
200.0
997.2
Greenwich......... .
172.3
136.2
973,4
196.3
800,0
Leather Manufac’ra
085.5
478,8
281.7
773.1 2.966.9
300.0
276.4
702.3
Seventh National...
105.3
229.9 2.027.0
489.4
214.0
Bfc&te of New York.. ,200,0
550.5 2.615.3
243.3
Miscellaneous and Unlisted Bonds :
841.0 1.405.0 3.234.0 18.707.0
American Exchange .000,0 ,344,3
,000,0 ,570,1
Commerce............ .
662,8
675.5 4.214.5 15.851.7
,000,0 ,634,G
.476,4
Broadway..............
399.7 4.773.9
928.7
M iscellaneous Bonds.
,000,0
964.0
Mercantile............ .
,634,7 1,240,4 1.089.2 7.189.3 Boston On. Gas tr .certs., 5sManhat. Beach EL ifc L. g. 4s.
422,7
479,2
,816,8 , 446,3
Pacific...... . ......
849.7 3.542.8 Ch. Jun.&S.Yds.—Ool.t.g.,58 *108” a. Metropol. Tel, A Tel. 1st 5?..
,500,0
822.1 1.699.0 1.266.4 11.451.5 Col. C, & I. Devel. gu. 5s-—..
Republic...............
963.7
Mioh-Penin, Car 1st 5s,
Chatham.............
988.1
952.2
713.8
Mutual Union Teleg,—0s g ..
755.9 5.969.8 Colorado Fuel—Gen. 6s.
200.0
251.8
People’s ............
958.3
465.9 2.822.8 Col. & Hock. Coal & I.—8s, g.
N. Y. A N. J Telep. gen. 5s-. 109 a.
235.0
700.0
567.8
073.9
North America......
321.8
810,0 4.823.4 Cons.Gas Co..Chic.—lstgu.5a '80**b. Northwestern Telegraph—7s.
,000,0 ,967,6
Hanover.......
95 b. People’ s Gas C. ? 1st g. 6s.
230.5 4.179.9 2.369.2 17.041.3
500.0
Irving............... .
342.5
843.0
380.9
648.6 2.961.0
Co., Chicago.... f 2d g. 6s. 101%b.
600.0
Citizen’s ................
400.6
560.2
848.1
224.7 3.249.2 Edison Elec. 111. Co.—1st 5s . 107 b. 1st cons. g. 6s...................
97%b.
500.0
Nassau...........-—
265.5
99 b. Pleas, Valley Coal-1st g. 6s.
389.3
869.2 3.291.2
145,7
750.0
Market & Fulton..
848.7
768.9
Do
of Bklyn., 1st 5s__ *110 a. Sunday Creek Coal 1st g. 8s.. 100 b.
505.5
'730,7 4.089.8
,000,0
43,2
Shoe & Leather.....
,892.3
268.9
467.4 2.900.5 Equit, G.-L.,N.Y., cons.g. 6s.
U. S. Leather—S. f . deb., g.,6s I l l a.
,000,0 ,181,0
Corn Exchange,
779.9 1.524.2
850.0 8.715.9 Equitable G. & F.—1st 6s- .. 96 a. Western Union Teleg.—/ i ..
,000,0
Continental.—
201.5
893.1 1.114.8
596.1 6.095.7 Henderson Bridge—1st g. 0s.
Wheel.L.E.cfePitf'k Coallst5s 68 b.
413.2
Oriental .......
860,0
192.5
Unlisted Bonds.
420.4 1.870.0
I mportbrs’ATraders ,500,0 ,627,0
77 L0 3.733.0 3.812.0 20.638.0
Am. Spirit Mfg.,1st,wheniss,
,000,0 ,214,3
Park....................
.687,5 3,883,6 4.564.2 28.063.7 Int. Cond. & Ins. deb. 6s...... — — Comstock Tunnel—Ino. 4s
*7 "b
250.0
East River............
144.5
,104,8
115.6
285.7 1.111.9
N ote .—“ 5” indioates price 6id; fa*9p rice
,200,0
Fourth National,..
105.3
* Latest prlos this w ,.ek
,930,9 2.093.9 3.478.9 17.707.4
,000,0 479.4
Central National...
149.0
962.0 1.650.0 9.139.0
300.0
Second National__
620.5
884.0
8 ; 0,0
1.397.0 6.490.0
B a tik Stock List—Latest prices this week. (*Nofc listed.)
750.0
Ninth National
384.7
819,8
446.2
397.7 3.974.1
500.0 ,131,0
First National.
,778,9 1.688.9 3.422.7 18.905.1
RAKES. Bid. Ask.
BANKS. Bid. Ask. B A N K S .
,000,0
Third National.......
262,1
,366,3 1,301,8
854.2 8.271.4
300.0
N.Y, Nat. Exchange
72,7
,420,8
146.7
Garfield...... . 400
250,6 1.872.0 America..... 300
N.,Y.Nat.Ex
250.0
Be wary..........— ..
887.0
____
571.1
456.0
German Am.
2 w8,0 , 2,991,0 Am. Exeh--. 170
120 N inth.......
200.0
New York County..
794.5
437.9
709.2
Bowery*...... 270 300
236.3
3.505.7
19th
Ward..
750.0
German American..
276.2
.681,5
302.9
476.5 2.649.3 Broadway. . . 230 ___ Germania.... 110
145
N.1America.
500.0 ,307,4
Chase National,
>394,8 1.831.3 4.627.2 17.998.7 Butchs’ &Dr. 145
Greenwich *. 177 190 Oriental__
220
100.0 .,054,4
Fifth Avenue.
.422,7
878.4 1.307.2 7.505.3
116 120
305
Pacific.......
195
German Exchange..
606,0
200,0
680.4
310.3
633.2 3.320.5
Park..._
_
_
272
200,0
G&rtnania...... .
642.0
.060,9
554.7
273.9 3.851.8 Chatham..... ...... 350 Iin. & Trad’s’ 520“ 550 People’ s __
500.0
Halted States.
362.3
559.5
793.8
692.8 5.232.9
4100 4350
130
Phenix...... 105*
Lincoln.. .....
300.0
573.0
,353,8
753.9 1.113.2 7.166.3 City— , ..
175
Prod, Ex.*.. 115 125
200.0
Garfield........
635.8
,281,6
809.2
375.0 5.082.5
133 137
670
Republic.—
. 148
Fifth National
200,0
312.1
526.2
211.3
411.5 1,780,8
Manhattan*. 201
Seaboard — 137
Bank of the Metrop.
300.0
787.0
903.4
857.2 1.005.6 6.431.4 Commerce... 200 205 Market & Ful 200
Second..—
485
West Side__ .......
200.0
311.0
366.0
300.0
327.0 2.395.0 Continental. 125
Mechanics’ .. 1B7J.J
Seventh ....
Seaboard...;.. ......
500.0
986.0
235.8
802.0 1.052.0 6.186.0 Corn Exoh.. 295
M’chs’ Trs5
150 Shoe&Le’th 92 Ga 100*'
Sixth NattouaL.....
300.0
797.0
339.5
306*0
201.0 1.518.0 East River.. —V»' ...... Mercantile..
182 Southern <4, 80 140
Western National..
282.2
100.0
.676,8 1,241,2 1.113.8 8.633.4 11th Ward... 200
Merck lids'.. 132%
Stateof N. Y, 108 112
Fust.Nat. Br’klyn..
800,0
884,7
,296,0
872.3
437.3 5.391.0 Fifth Ave.,.. 2700
Merch’ts l i * 110
Third.........
108
600,0
Bout aero Nationai..
589.4
>184,9
170.4
713,2 2.319.5 Fifth*..........
Metropolis.. 415 460 Tradesman’ s
93
Nat. (Jnion Bank....
200,0
439.9
290.0 1.518.1 1.136.6 8.121.1
M
l Morris-140
Union
Sq.*
Liberty Nat. Bank,
500,0
739.2
154.5
___ , Nassau..,— . 15c
43,7
456.9 1,680,0 First N., S. i .
Union.......
N.Y. Prod. Exch’go.
000,0
372.1
295.5
513.9
278.9 2,873,0 14th Street—170
S'. Anisldara AMS!L _ Un’d States 175
Fourth,
New York—. 9.3d 240 Western
180
110 112
Yqtal........a.—..—'01,122,?:73,017, l 453*958,2 78*810.5 81,836.0 492.403,8 Gallatin;__ - 300 82o\ N.Y.Co’ntv 58#:
Wnaf; Ri il<>. 275

JANUARY35, 1886.]

THE CHEON10LE.
BOSTON, PHILADELPHIA

Active Stocks,

f Indicates unlisted.

177

AND BALTIMORE STOCK EXCHANGES.

B T S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .
Saturday,
Jan. 18.

Monday,
Jan. 20.

Jan. 21.

Wednesday,
Jan. 22.

Thursday,
Jan. 23.

Friday,
Jan. 24.

13% 14
14
14%
14% 14% 14% 14% 14=3 14%
Atoh. T. A 8. Fe^Boston).100 137g 14
'Jk) 1
*1^
Atlantic A Pao.
•*
100
*384
....
42
‘ 40
39
39
11%
Baltimore A Ohio (Balt). 100
*38% 39% 39% 40
' ........ 69
*67% 69
69
63%
69
Balt. City Pass' get •<
25
*67% 63%
17
17
17
*17
17
17
17% 17
Baltimore Traction •'
25 16=9 16% •16%___
17% 17% >1?
L7
17
17*9 1 0 % 17
BaltimoreTrao’nUiPhil.). 25 16% 16% *16% .....
206 206 '206
206 207
207 207
Boston & Albany IBostoO.lOO 205 305% 205% 206
2024 202% ........ 202
•202 % 2 0 2 % 202% 202% *200 2-*2%
Boeton A Lowell
“
100 *202 203
„„
166%
106%
.......167
167 * . . . . . 166% 165% I t 5%
Boston A Maine
"
100 16? 167
*10
12
*10
12
*10
12
........ 13
*11
Central of Mass.
“
100
12%
*55
58
Preferred
“
100
74 4 73
74% 75% 74*4 75
74 \ 7 5 %
73%
Ohio. Bur. A Quin. “
100 73
66=8 67%
Ohio. Mil. A St. P. (PAiL).lOO 66% 63 4
09=3
68=8 89% 88% 69% 09
9% 9% ......
9%
9% 9:
9% 9%
9% 9%
9%
Oho O. AG.vnt.t.c.- “
SO
»?»
‘ 26
27
26% 26> . . . . . .
27
26
28
27
27
Cit. 8t Ey of Indr •“
100 27
90
89
90
90
89% 89% 90
89% 90
89% 90
Fitchburg uret..(Boston).100 90
36% 37
30
36% 30% 36% 37
36
36% 35% 36
Lehigh Valley.. (Phita.j. 50 36
135
134
134 m
131% 135 * ____ 134 *
Maine Central [Boston). 100
103% 103% 103% It 4% 103% 103%
Metropol’n Trac.r LPAtfi.100 101 103% 101 102% *103
9
9
9
9
9
9% 9%
9
9
9%
Mexican Cent'; (Boston) .100
9%
9%
46
4S
*47
48
Saw England___
••
100
*30
80
80
37
83
S3
Preferred........
*'
100 ........ ........
QS* ........ ........
*67
68
northern Central (Ball.). 50
3
3% 3%
3
3%
*3 % 3 %
*3
3% 3%
Northern Pacific fPAtfa.ilOO
3% 3%
*12
IN
12
12 % *12
*11% 12% 12
Preferred
•• 100 *11% 12
*it% 12
*177 L77%
178
173 173
178 178
178 *177
Old Colony.......(Boston.). 100 •177% 178
52% 52
52% 52% 52% 52% 52% 52
nnsylvaaia ..(P hilo.). 50 52% 52% 52
52%
5
5'*,
1%
11a. A Reading,
“
50 *t%
1% *%*-,, 4 !',..
1%
1%
1%8 l*i
IN
07% 63
69
65*4 67
67
01
70%
delph Trac.
“
50 63% 63% 65
67%
3
3%
*3%
i
3%
3
3%
4
*3
1
3%
PadflO— fBesfeniLlOO
*3%
10% 11%
10 % 107, 11
Traction.. (Phila .). 50 10
11% 11% 10% 10% 10% 11
11aneons s t o c k s ,
101% 105%
100% 101% 101 102% 101% 102% 102% 104
e'r Roiln.fi ( Boston). . . 100% 102
97
93
97% 9 7 % 07
99
98
grad........
“
96% 90% 96% 97
98
197. 197% 197% 197%
197
.98
Bell Telephone..
'*
100 193 19-i
193 193b 196 198
69%
69% 70% *83
69% »S% 69
68% 09% 0S% 70%
Boat. A Montana.
"
25 69%
Butte A Boston..
**
25 11% 12
11% 11% 11% 11% 11%
11% 11% 10 % 11% 11
295 293
295 295
295 295
295 295
Calumet A H eda
“
25 295 295
295 295
03
03
*67
63
*07
B8
•67
69
68 *
*66
Canton C o ..........(Balt.). 100
57% 85% 56
55% 56
56
Consolidated Gas
”
100 57
56% *56% 56%
56
56
24
25%
2t*s 24% 217, 24% 24% 24% 24% 25
Kk-c.sior. Bat'y 15[Philo.). 100 24
25
25% 27% 23% 26% 25% 25%
Preferred *:
« ' jo o *25 . . . . . .
*25 % 26%
*00
Brie Telephone. f Boston) .100 *60
60
60
ti
60% 00%
0 0 % t;o
60% *60
61
2 1 % 21%
25% 26
General Eleetrie.
•• 100 24% 25
20% 271* 25% 76% 25% 26%
58
52% *50
53
S3
53
5S
60
51
Preferred........
•• US' 50
51
54
19
LamsonStoreSer.
“
50 * 18
19
19
19
*18
*13% 19% 18% 13% ‘ 18
US
45
41
*44
45
Lehi'h CoatAN* v. (Philo.) 50 *44
44% ♦43
44% 43
44% 4*5
88
*88% 83% *37
N, K. Telephone (Boston). 100 S3
37% 97% •87% S3
83% *87
12
9
Pa. Ueat.l, APo w( Phila.). . ..
13% 13% 13% 13% 10% 12% 10 % n w
9% 10%
67% 66% 67
68% 03% 68%
03% 00% 03 % 00
DttiPdGastmp.r
“
SO 67
.,_
WalSbach L i g h t '*
5 50
53
50
•50
53
53
53% 53
52% 5*2%
2
West End Land. .(Button)...
2
•lit
•1% 2
•1% 2
*1% 2
*1%
*1% 2
* Bid anil asked price-. »**
wasi made.
r Trust race ij.li, $2 paid

Inactive Stocks,

Bid

Inactive stocks.

Bid.

Ask.

Sales
of the
Week,
Shares.
4,194

Range of gales In 1896.
Lowest.
12% Jnn.

Highest.
7 15

Jan.

z

37% Jan. 9 43% Jnn. 15
63% Jan. 28 70 Jan. z
16 Jan. 7 17% Jan. 2
157a Jan. 7 17% Jan. 2
204 Jan. 7 207 Jan. 2ST
202% Jail. 20 203% Jan. 2
165% Jan. 24 170 Jan. 2
5,82 72 Jau,
16,150 6 1 Jan.
2,858
8% Jan.
1,11 < 25% Jan.
370 89 Jau.
1,316 34% Jan.
43 131 Jau.
2,823 91% Jan.
1,17
8Ts Jan.
150 45 Jan.
51 80 Jan.
67% Jan.
703
2% Jan,
20 10% Jan.
34 1'.75% Jan.
2,102 50% Jan.
11,071
1% Jau.
7,622 62 Jan.
94
3 Jan.
6,776 10 Jan.
23,836
417
249
12,145
5,155
123

77% Jan.
69% Jan.
12% Jan.
30 Jan.
91% Jan.
37% Jan.
136% Jan.
104% Jan.
9% Jan.
43 Jan.
84 Jan.
67% Jan.
3=8 Jan.
12% Jan,
178 'an.
52% Jan.
Jan.
Jan.
4 Jan.
11% Jnn.

97% Jau. 7 104%
95 Jan. 7 98
197 Jan, 2 199
65 Jan. 7 73%
10% Jam 21 13
295 Jan. 3 236

Jan. 13
Jan. 2
Jan. 4
Jau, 15
Jau. %
Jan. 2

1.141 55% Jan. 20 58% Jan.
55
5.255
185
30
99
29
29,930
1,173
819

74 Jam 7 28 Jan.
25 Jan. 7 30 Jan.
59% Jau. 2 61 Jau.
22% Jau, 6 27% Jan.
50 Jan. H 58% Jau.
18 Jan. 7 19 Jan.
42 Jan. 10 15 Jan.
87% Jan. 23 89 Jan.
9 Jan. 7 11% Jan.
66% Jan. 20 81% .Tan.
46 Jan. 8 53% Jan.
•2 Jan.
1% Jan. 7

Bonds.

2
14
2
2
2
15
3
14
1®
z
4
16
3
3
16
16
24
24,
2
24

3
2
2
4
22
3
4
13
2
17
2
22
16

Bid Ask.

People’s Tran, trust certs. 4»..1913 91% 92
: 52 I 54
Perkiomen, 1st »er,,5«.1913, Q—J 101%%.....
118% 116
105 106
PhUa-A Erie gen, M. 5g.,1920, AAO 117 ........
Gen. m o r t ,4 g .......... 1920, AAO 1 0 4 % ........
i 96
08
Phila A Read, new 4 g., 1958, JAJ
C M e .B lu L A N or. I s t 5 , 1926, A A O j U12% 103
0% 77
1st prof. Income, 5 g, 1958, Fell 1 20
29%
24 m art, 6 * ....................1918, J AD
97 I 98
2<1 pref. Income, 5 g, 1958, Peb. 1 17
: D eb en tu re 8 « ................1896, J A D } 00 S 99
17%
14
3d pref. income, 5 g, 1958,i’eb. 1
Ohio. B u rl. A Q u in cy 4 b 1022. P A A
93 | ilfl
14%
2d, 5s...........................1933, AAO 118 120
I o w a D iv ision 4 s ........1 9 1 9 , A A O
95 ! 98
Consol, mort. 7s........ 1911, JA 0 126 126%
Chic.AW*.Mich. gen. 5s, m i , JAD 64 i 66
Consol, o f Vermont, Ba.1918, JAJ
87 ' 87% Consol, mort, 6 g ........ 1911, JAD
DeiawareABound Br.
**
100’ 103% 105 !: Current River, 1st, 3s..1927. AAO 70 f 75
InsproveinentiLO g., 1897, AAO io s"
Flint * Per# Mari*.. . (Boston). 10 0 , 10 ■ 12 1Vet. Lans. A Nor n M. 7 s .1907, J AJ 70 I 72
Con. 51.,5 g.,»tiiiiipod, 1922, MAN 98
98%
Preferred — ..............
<* 10O! 30
35 : Eastern
Terminal as, g ........ 1941, Q.—P. 1 0 5 % ........
morr o ; . u s n , n « ; . 6116% 118
HestenvIBe Passeog. (PKtla,). 50; 47
Phil. Wllm. A Bait., 4 s .1917, AAO 104 i— . . .
43
PreeJElk. AM.V.,1st, 6s. 1933, end. .127 129
Preferred 1;...............
•• SO t o !*-„*,— it Unstamped, 1st, 6s, 1933........... 126 128
Pitt*. 0. A 8t. L , 7 a ....1900, PAA ........ 116
Mont. A Broad Top...
•*
50
; 31 ■
; K.C,<:.A»prtn«„l*t,»g.,l5«23.AAO I 70
Rochester Railway, eon. 5s ..1930 ........ 104
70
Preferred..................
•* 50 50% ! 61%: K a F.8. A M. con.8s, 1928, MAN ; 92
8chuyi.lt. E.Side, 1st 5 g. 1935, JAD 108%!........
95
Kan. C'y Ft.3. A Mem. tBoston) . 100
63
15
19
Union Terminal 1st 5 s .......P A A
K.C.Mem. A Blr, Jst,2s,1927. MAS! 00
Preferred____ . . . . .
*•
100
60 : to
120JAJ121
K.
C. 8t. Jo. A 0. B.,7ft—1907,
Little Schuylkill........ (PAHaj. 50
65 : L. Rock A Ft B.j 1st, 7s.. 1905, JAJ; 90
A t « S a Brf.!tlft? [? l9 0 7 .J A J 118 119
63
95
Mice Bill A 8. Haven
**
so
; 68 ■Loui».,Ev.ABt.L.,l*t,6g. 1926.AAO 106 107% Baltimore Belt, 1st, 5s. 1990, MAN 07% 100
Nesquebimtox V s l...
•*
50 55
Balt. C. Pass. 1st 5S....19U .M A N 115 j ......
2m., 5—6 g................ 1036, AAO ■ 85 j 87
North American Co.,
**
100 .
4%i 5 |Mar. B. A Old,, 6s.......1925, AAO: ,106 107
Balt. Traction, tut 58-1929, MAN 110% .......
Sort!: Pennsylvania.
«
so; 3g ; SO : Mexican Central,* * . . . 191 1 , JAJ 1 60% 67
Ex ten. A impt. 6s---- 1901, MAS 105 I........
Oregon Si,nr: L in e...(Boston). 100
No. Balt. Dtv., 5s.......1942, JAD 107% 108
1st eonaol.iaeoiues, 2 g, non-cam. 1 18% 19%
«%
Pennsylvania AN. W. (phila,/. M
i 30
Baltimore A Ohio 4 g., 1935, A&O 102 |........
2d oonftol. Incomes. 3s, non cum.
8 I 9
Fhliadel. A Erie........
••
5 0 ' 20
Pitts. A conn,, 5 g .. .. 1925, FA A
, V. A N.Eug,, 1st, 78,1905. JAJ* 117% 118
Bail a n d ................... (Boston) 100
Staten Island, 2d, 5 g.1926, JAJ
1 %1 3 h lufm ort- 6*..............19 0 5 , JAJ *U1% 112
Preferred........... .
*•
lo o 08
Bal.AOhlo 8. W.,lBt,4%g. 1990, JAJ
.......
71 i Ogden. AL.C.,ComBs— 1920.AAO S104 105
Southern..................... (Balt.).lo o
s% 1 9%h ’ --.Oft............... ....................1920 4........ 10 OftpeF.A Yad.,8ar.A,,6g.l9Hi, JAD 71 ! 74%
Preferred....................
■» 100 27
27%,
Series B „ 6 g............... 1916, JAD 50 i 52%
;u*7% it*j
West E n d ..................(Boston), 50 65% 06 1! 2d. 5*.........................1898,PAA *100 101
40%: 12
Series C., 6 g--------- ..1916, JAi
Preferred............ .
••
50
r9% 1 90 !
Cent, Ohio,4% g ............ 1930, MAt
United Coe. of N. J.. (PAUa.).lOO 239 240%) a i l i a u s u ,
Cout. Pass., 1st 5s — .1932, MAN 111% 112%
B'iWB, , w v , J A J . . . . .
West Jersey........ .
••
50 15
City A Bub., 1st 5s........ 1922, JAD 109 110
A tla n tic City 1st 5 s,
1 0 1 9 .M A N , . . . . .
West Jersey A AUan.
*•
So' ........ I
Churl.Col.AAuir.oxt.5a. 1910, JAJ 100 !
B etvJders D e i,, 1 s t , i s . . 1 9 0 2 , J A D 1 1 0
Western N.Y. A Penn
**
100
CoL iO reen v., 1st 5-6*. 1917, JAJ 108 109
Bnifalo By. cou. 1st, 5s..........1031
1%
Wisconsin Central. . . (Boston) . 100
80%. 82
3%
fcataw iraa, St., 7ft........ .1 9 0 0 , P A A 11 2 % ........ Ga.Car. A Nor. 1st 5 g -1 9 2 9 , JAi
P r e f e r r e d ___
"
100: ......
C h oc. O kla. A G n lf, p ( ior lien 6 s..| 106% ........ ’Georgia Pae., 1st 5-68— 1922, JAJ 110% 111%
Worc‘»t-Nash.ARocii.
«
100112118
CHD.,-n<* S t.H y .of ln d .,o o n .5 s .l9 3 3
85 j 00
North. Pont. 6s............... 1900, JA.J 108% 10S%
MlSCBILAXWOBS.
113 US
C olora b .B t. R y „ 1st, con . 5 s .. 10 32
j! 6s............................... 1904, JA i
97
Allauer. MIbV, asstpd(Bottom). 25 •30 1*00 Cutotub.
C ola m b . O. C
f n s c i w i i , 1st,5-*.l933
ls t,5 ».1 0 3 3 ........ ;.........
Bertas A,,5s..................1920, JAJ 112 113
Cr<,v«t,>*>-n,
Atlantic Mining,.......
23
10 16% Consol. Tract, of N. J , lst,5a.l033 3 0 % ........ : « % « ...... i ................... 1925, AAC 109 110
Bay State Gas *,........
50
10
10% XM1.&B,dB P k ,lst,7 a .l0 O 5,F *A 128 ........ Plfldm.A Ciun.,lfrt, 5 g.1911, FA A 104
Boston Land.............
10
4
4% EvitonAA.m. 1stM„5 s.1920,MAN' 109 ......... Pitts. A Connells. I»t7 s.l8 98 , JAJ 103% 101
Centennial Mining...
90%
•15 : •25 Blmlr. A Wllm., 1st. 69.1010, JAJ.; 116 .......... Bonthorn, 1st 5s____ — 1904, JAJ
Port Wayne Elect.f
m
2 1H«atOBville M. A F „ con. 5A.1024 ........ !......... Virginia Mid., 1st 6 a ...1906, MAS i i r
Prat kiln Mining......
115
,
2d
Barieft,
6ft.............
1011
MAS
12%
Hunt.
A
Br'dTop,Con*5s.’95,AAO
100
:........
11%
French ju’ u’ hHoy 1,'ij.
1
3d Series, Os..............1916,MSB 112
1% Lehigh Nav.4% s..........1914, Q -J HO .........
%
Illinois S teel________
£3 - 63%, 24 6s, gold..................1897, JAB 104%.......... I 4th Series, 3-4-58.... 1031, MAr
MHusatee Mining,..,
11
11% General mnrt. 4 %s,g. 1924,Q—F, 104 106 I 5th 8arias, Ss,..........1926, MAs 102 104
Osceola Mining... . . . .
ill 23 ! 23% Lehigh Vai.Ooa! let5 s,g . 1933,JAJ, ........ 100
Waat Vu a « P . l s t , 6 g . l 9 1 l , J A . 106 107
Puliir,an Palace Car.
....
.....
1___
0 0 151
153
Lehigh Valley, 1st 6 s ...1838, JAI.» 100 !........ Wert's N.C. Ootusol. 6 g.l'J U , JAJ 110 110%
PennryiVjUila steel.. (PAifa,). 100
........ .
2d 7*
Wllm.
Col. A Aag., 6s.. 1910, JAJ 112
7 s ........................... 1910, MAS 134 ........
Preferred*:...............
*< iqq
MIS0EI.I.ANEO08.
Oona-.t. 6 . . . ................ 1923, JAD .........125%
Quincy Mining....... (Boston). 25 12 2 12 4
Baltimore
Water 5 s.-1 0 1 6 , MAN 122
Newark Pansenger, oon. 5s...1930 103 ........
Tamarack Mitring....
*<
25 111 112
1916,MAN
North Penn, 1st, 7S....1896, Ma s 10*2 103 ., j Ponding 5s.............
Water Power...........
••
iqo
104% 105
Exchange
3%s................. ..1930,JAJ
1 j 1% ! Geo. « , 7s...................1003, JAJ 121 ..........
WMtVngii. Eh e. A M.,
<*
50
Virginia (State) 3s, new. 1932, JAJ ....... 78%3 0 : 31
PemuiytvanlageTi.6s,r..l910, Var 130
Pref., oomnlaHve.
«
ji> £•1% 53 % : Consol. 6s,e
00 j 60%
........... 1908,Tar 118
I Funded debt, 2-3s....1991, JAJ
Otessapeas* Gas, 6 s . . „ . 1900, JAD ....... 106
1 Consol. 5», r . , . „ .......... 1919, Vat! 118
g.,1989, JAJ *72% 73 I Cotist, Tr. 4 % g ..........1913, JAU .....
Consol. Gas, 6s..........1 9 1 0 , J_AD 111 114%
5s
....19 3 9 , JAJ 103%: 1- 4
‘ 23 ! 23 % Pa. A N. V. Canal,7»...lyOS,J.*jD! 122
1nl ° ' **•'
non. 5s........... ............1039, A,AO ......... 110%' Eonlt*bi« 6 m >
■J70%! 79%
-5 And aeerne.il inter
: 144
*i Unlisted.
lYtcts 0} January 21.
96
Atlanta & Charlotte 1Balt.).100
Boston A Providence tBo#fo»).100 264 266
Camden A Atlantic pi. iP M a .). 50
Catawtsea.......................
•* 50
1 ..........
•• 50 49
1st preferred .............
Centra! O lio ............... [Ball.). SO 50 I S3
Chicago A West MIcKtBWotti. 100 15 ! 17
Connecticut a Pass..
“
loo 110 142
Connecticut River__
“
100' 240 213

Boston United Gas. 2d in. 5 s..1939
B u rt* Mo. River Exe npt 6s, JAJ
Non-exempt 6s..........1919, JAJ
Plain 4a.........................1910. JAJ

100

T1
20

STOCK.
—-

[V ol . LX1J,

THU CHRONICLE.

178

E X C H A N G E P R IC E S ( C o n t i n i i e ( l ) - 4 C T / F f ; B O N D S J A N U A R Y i t A N D F O R Y E A R 1 8 9 6 .

"

|_

..IClosing Range (sales) i » 1896. Kailboad

B a il b o x u AM> M u>o*u B o n d *.

and

^PH u^

Oioeing Range (sales) in 1896.
Misoei. B onds. Infer1< Price
Highest.
Lowest.
Period fan . 24.

60% Jan.
53% Jan.
51. K. A Tex.—2d, 4s, g ....l9 9 0 F A A 58%
97 Jan.
97
95 J an.
Mo. Pao.—lst.oon., 6 K----1920 M A N
3d, 7s.............................. 1906 M A N 108 b. 108 Jan. 108 j an.
Pao. of M o .— Ist,ex.,4 g.l9 3 8 F A A 100 b. 102 Jan. 102% Jan.
2d ext. 5 s ..................... 1938 j A J
102 Jan. 102 Jan,
8t.L. A Xr. Mt. 1st ext.,5s. 1897 F A A 102
2d, 7 .............................1897 m A N 101 b. 100. jan . 101 Jan.
Cairo Ark. A Texas,7 £.1897 J A D 99 b. 101 Jan. l o l Jan.
978 Jan.
Gen.R’y *la n d g r.,5 g .l9 3 1 A A O 79 b. 79 Jan.
i t ' ? i PM|T.UvU- U t | g ’ .1924 a a 6 99%b.‘ 99 jail. 102 Jan. MobUe A Obio—New,6 g..l9 2 7 J A D 117 b. 117 Jan. 117 Jan.
B n ^ ^ S r » M > d 1- ti| .L .1 9 3 7 M A N
98 b. 97^8 Jan. 100 *2 Jan.
65 %b. 62% Jan.
66 Jan.
General mortgage, 4s---- 1938 M A S
RS S j£ ^ A V O i-l« \ S A t fJ A 5 ;F A a ;' 99 a 97‘a Jan. 9914 Jan. Nash. Cb. A St L.- 1 st,78.1913 J A J 125 b. 127% Jan. 127% Jan.
Jan.
R
^ L V . a o u i e i i - l...........
« l 5 » 1190»iJ
106 s 104
106 Jau. 108
Consol., 5 g .. . . . . ___— *^-928 A A O ■100%b. 100 Jan. 101 Jan.
OuadABoutners.
9 1311 *•* 8J I04%b.
Jau. 105 Jan. Nat’lStarob Mfg,—1st, 6a.1920 M A N
93 b. 92 Jan.
92 Jan.
N.Y.Central—Debtext.4s.1905 M A N 100 b. 100% Jan, 101% Jan.
N J 14-OUS..7s.l899 i^-J '110 a.
1st, ooupon,7s................ 1903 j A J 119
118 Jau. 120 J an.
°rfc®**l
7s
0 2 IM A
N1...............
Deben., 5s, coup., 1884..1904 M A S 106 %b. 107 J an. 107% Jan.
ConSOl../S.----. K..-1B87
_ 1 9iuqiit
! iv
tU
i 112% Jan. i l l's Jan.
mortgage.5
J a.
A J|
113
%b.
N. Y. A Harlem, 7s, reg.1900 M A N
R.W. A Ogd.,oonsol., 58.1922 A A O 116%b. 116% Jan. 118% Jan
M - i o S t l0L J,au:. i 0! .
West Shore, guar., 4 s ..-.2361 J A J 105
104 Jan. 105% Jan
Am DookAlm p” ,5 s ....l9 2 i;j A J; 112 b. lll% J a n . 112 Jan. N. Y. Ohio. A St. L.—4 g ...l9 3 7 A A O 103% 102 Jan. 103% Jan.
Oentrad Pacific.—Gold,6s. 1898: J A jl.M OM b 99% Jan. j100 %Jau. N. Y. Laok. A W.—1st, 68.1921 J A J 128 b. 129 Jan. 129 Jan.
Obes. A Ohio.—Ser A. b 6-1808 A A
o 115 b.
Construction, 5s-----------1923 F A A 113 b.
Mnrtgiitfft H if
19* I A ife
OIlbMo.
N.Y.L.E.AW.—lst.oon.,7g.l920 M A S 136 b. 135 Jan. 137 Jan.
104>8 Jau. 107% Jan.
lstCmsol 5 g ........ 1939 M A
N106%b.
2d oonsol., 6 g ................ 1969 J & D t 70% t66% Jan. t72 Jan.
74 81
Generali %s g...................1992 M A
“ 68 % Jan. i 76 Jan.
Long Dock, oonsol., 6s,g. 193.1 A A O 128 b.
9413 Jan. N. Y. N. H. A H.—Con. deb. otfs A A O 136
94 J 91% Jan.
R. A A. Dlv..'fstOOn.,4g.l989| J A
135 Jan. 136' Jan.
80
83 Jan. 83 Jan. N. Y. Ont. A W.—Bef ,4s,g.1992 M A S
“
2 d oon.,4g.l989% A J
89
90 Jan.
88% Jan. on
E l i x . L e x .A B I g 8 a n .- 5 g . 1 9 0 2 M A 8 1 0 0
98 Jan. 100 % Jan.
109
1
Consol.,
1st,
5s,
g
............1939
J
A
D
107 Jan. 109 Jan.
115% Jan. ;116 % Jau. N.Y.Sus.AW.—lstref.,5Bg.l937 J A J 99
Obio Burl. A Q.—C o n ., 7 s . 1 9 0 3 J A J 1 1 6
99 Jan. 100 Jan.
101
Jan.
100
Jan.
^Debenture,5s................. I g ^ M A Nj I00%a.
Midland of N. J., 6s, g . 1910 A A 0 115 1
IIS 1!} Jan.
Convertible 5s.. . . . . . --.-1903;M A 8 ; 103 b. 100 Jan. 103 Jan. Nor.’.AW.—100-year, 5a,g.1990 J A J ’ 56 1 115 Jan.
95 Jan. ; 95 Jan. No.Paoiflo—1st,coup., 6g,1921 J A J 114 1 113j4 Jan. 115 Jan.
Deliver Division 4 a ...... 1922 F « A nr,
95
88 %b. 87 13 Jan. : 88% Jan.
General, 2d, ooup., 6 g- 1933 A A O 100% 100 Jan. 102 Jan.
M A 8 116 b. 116 Jan. 118% Jau.
General, 3 d ,ooup., 6 g . . 1937 J A D 65 b. 64 Jan. 69 Jan.
110 b. 112 Jan. 114 Jan,
Consol, mortgage, 5 g.,.1989 J A D 33
S l1^ Jan. 136 Jan.
123
Jan.
123
Jan.
123 b.
Col. trust gold notes, 6s. 1898 M A N
80
76 *3 Jan. 80 Jan.
997a Jan. 101 Jan.
General oonsol., 1st, 5s.. 1937|M A N 100
Cblo. A N. Pao., 1st, 5 g.1940 A A O t 37
13/
J an. 139 Jan.
108%
Jan.
105% Jan.
Cbleago A E rie .-lst,, 5 g.1982 M A N 108
Seat.
L.
8.
A
E
.,ls
t,
gn.6.1931
F
A
A
1
38
140
Jan. 141 Jan.
23% t20 Jan. 23% Jan. No Pacitlo A Mont.—6 g .. 1938 M A S t 28
Inoome, 5a.v .... . . . . . ---- 1982 Oot.
130 Jan.
126
A
91%
Jan.
90
Jan.
91iaa.
Oblo.G as!.. A a - l s t , » g - 193 {
b.
No.
Pacific
Ter.
Co.—6
g.,.1938
J
A
J
100
100
Jan. 101*2 Jan.
Obio. Mi 1. A 8 t. P. —Con. 7s. 190o A
126 b. 123 Jan. 120% J an. ObioAMiss.—Con.s.f .,78.1898 J A J 103*3
103*2 Jan.
103
Jan.
J
A
113 b.
1 st, Southwest Div., bs.. 1909
Ohio Southern—1st, 6 g ...l9 2 1 J A D 88
90 Jan.
87% Jan.
1st. 80 . Mlmi-Dlv ,bs. ..1910 J A
114 ‘3 112% Jan. 114% Jan.
29*4b. 25 Jan.
General mortgage, 4 g... 1921 M A N
29 Jan.
I
l
l
Jan.
l6t,Cb.APao.W.Div.,5s.l921 J A
llo ^ b . 110 Jan.
Oregon
Imp
r.
Co.—1st,
6
g.
1910
J
A
D
92
a.
J
an.
90
91 Jan.
103% Jan. 105 Jau.
105
Obio. A Mo. RiV. Div..5s. 192b ( A
Consol.. 5 g ..................... 1939 A A O L 31
36 Jan.
30 Jan.
107 b. 106% Jau. 108% Jan. Ore.R.ANav.Co.—Ist,6
Wise. A Minn., Div., 5 g. 1921 J A
g.l9
0
9
J
A
J
107*2b.
Jan.
105
Jan.
109
111
jl03 Jan, I l l Jan.
Terminal. 5 g . . . . . . ------J-814 J
Consol., 5 g ..................... 1925 J A D f 90 b. too Jan. too Jan.
94 a. 93 Jau. 94 Jau. Penn.
Gen. M., 4 g., series A ..1989 J A
110
Co.—4%
g.,
coupon.
1921
J
A
J
a.
110%
Jan.
108*4 Jan.
MU. A N or.-lst,eon .,68.1913 J A U 115 b.
Peo. Deo. A Evansv.—6 g . 1920 J A J 99 b.
Chlo. A N. W Consol.,7s. 1915 Q -F 140i3b.
Evansv.
Division,
6
g
...
1920
M
A
S
100
b.
Coupon, go.d. 7 a ........... 1902 J A U 118 a. 118% Jan. 118% Jan.
2 d mortgage, 5 g.............1926 M A N t 35 a. t28 Jan. +28 Jan.
Sinking mud, 6 s.............1929 A A O 112 b. 112 Jan. 112 Jan. Phila.
A Read.—Gen., 4 g. 1958 J A J 77
71 ^2 Jan. t77 Jan.
108 Jan. 108 Jan.
Slnkinglund, 5a.............1929 A A O 108
lstpf.lne.,5 g.,lstinst.pd.’ 5 8 .......... t 29%
18 l4 Jan. t2 9 14 Jan.
JI
A
N
Sinking fond, ueben.,5s.l933
lOSisb. 108% Jan. 108% Jan.
2
dpf.ino.,
5 g.,lstinst.pd.’5 8 ..........
17
534 Jan. 11?^ Jan.
25-year debenture, 5s.-.1909 M A N 104 b. 103 Jan. 106% Jan.
3
dpf.lno.,
5
g.,lstinst.pd.’5
8
..........
t
14
3 ^ Jan. 114*4 Jan.
F
A
A
100 b. 100 Jan. 100 J an. Pittsburg A Western—4 g.1917
Extension ,4s................. 1926
A
73
74 Jan. 75*2 Jan.
Cblo.R.l.APao—6s.,ooup.1917 J A J 125 1
, Western—1st, 4 g.1939
A
75
70 Jan.
75^8 Jan.
Extension and ool., 5s...1934 J A J 102 1 100 Jan. L02% Jan. R
M A N 145
t50 Jan. 150 Jan.
30-year debenture, 5s.-.1921 MA 8 94
92 Jan. 94 Jan. S
M
A
N
112
112
Jan.
115
Jan.
S
J
A
D
124% 124 Jan. L25 Jan.
Ohio. 8 t. P. M. A O.—6s....1930
6 g„ Class 0 ..................... 1906 M A N 112
112 Jan. 112 Jan.
Cleveland A Canton.—5s.. 1917 J A J 70 b. 79 Jan. 90 Jan.
J
A
J
102
General
mortgage,
6
g
..
1931
101*3
Jan.
101
^2
Jan.
J
A
U
0 . 0 . C. A I.—Consol., 7 g.1914
125 b. 119 Jan. 120 Jan.
Cons. guar. 4s, g ............. 1990 A A O
General oonsoL, 6 g .......1934 J A J 119 b.
M
A
N
t.
L.
So.
West.—1st,
4s,
g.1989
72
71
Jan.
70
Jan.
s
A
A
O
Jan.
0.
0.0. A 8 t.L.—Peo.AK,48.1940 80 a. 79*3 Jan.
80
2d,4s,g.. in oom e....___1989 J A J 261sb. 24*4 Jan.
27 Jan.
Inoome, 4s---------- . ------ 1990 April.
20
20 Jau. 20 Jan.
t.P.M.AM.—Dak.Ex.,
6
g.
1910
M
A
N
118
b.
s
F
A
A
9613b. 94% Jan. ! LOO Jan.
001. Coal A Don .—6 g.......1900
1st oouboL, 6 g .................1933 J A J 120 b. 117 Jan. 120 Jan.
Col. A 9th Ave. go. 5s, g . . . 1993 M A S *lll% b. 111*3 Jan. L14 Jan.
“
reduoed to 4% g.. J A J 102 b. 102 Jan. 102 Jan.
Ool.H.VaLATol.—Oon.,5g.l931 M A 8 87
83 Jan. 88% Jan.
Montana Extension, 4 g.1937 J A D 87ifia. 87 Jan.
88 Jan.
General, 6 g ......... -— 1904 J A U * 88 a 80 Jan. 88 Jan.
Lt.AA.F.—lst,4g.,gu.,'43
J A J 5 5 ^ , 51 *2 Jan.
56 Jan.
8
M
A
N
112 b, 110% Jan. 112 Jan.
Denver A Bio Gr.—1st, 7 g. 1900
A A O
83 Jan. 88 Jan. 8
1st oonsol., 4 g................1936 J A J 88
M
A
N
92
94
Jan.
93
Jan.
8
J
A
J
Dul. 80 . 8 b. A Atl.—5 g.. .1937
95 a 95 Jan. 95 Jan.
J A J 94
94*4 Jan. 94*3 Jan.
Ft. W. A Denv .City.—6 g .. 1921 J A U
64 Jan. 67*3 Jan. 8
Gal.H.A8 anAn.-M.AP.D.lsi,bg M A N 91 b 91% Jan. 93 Jan. 8lo. Pacific,Cal.—6 g — 1905-12 A A O 108 b. 108*2 Jan. 108*3 Jan.
1 st oonsol., gold, 5 g.......1937 A A O 90 b. 91*3 Jan.
92*3 Jan.
A U 86%
Gen. Eleotrio,deb. 5 s,g ... 1922
85 J an. 87 Jan.
Hous. AT. Cent.,gen. 4e,g. 1921 A A O 69%
69 Jau. 69*3 Jan. fclo. Paolllo, N. M.—6 g ...... 1911 J A J 100 b. 101*2 Jan. 103^3 Jan.
8778 Jan. 91*2 Jan.
Illinois Central.—4s,g— 1953 M A N 100 b 99 Jan. 100 Jan. fcSouthern—1st oons. g., 5s.1994 J A J 90
E. Tenn. reorg. lien 4-5s. 1938 M A 8 19^3
91*4 Jan.
91*2 Jan.
WeBteruLtues, lst,48,g,1951 F A A 102 b 103 Jan. 103*4 Jan.
E. T. Y. A G.—1st, 7 g ... 1900 i a j 107 b. 107 Jan. 107*2 Jan.
Int. A GreatNor.—1st, 6 g. 1919 M A N 115 b 115 Jan. 116 Jan.
M&
N
Oon.5
g
........................
1956
105
107
Jan.
Jan.
M
A
S
105
2d 4-5s.............................1909
' 70 t . 70 Jan. 72 Jan.
Georgia Pao. 1st 5-6s, g.1922 J A J 111
IowaCentral.—1st, 5 g....l9 3 8 J A U
110 Jan. 114 Jan.
90 %t . 90% Jan, 92% Jan.
Knoxv.
A
Obio
1st
6s,
g.1925
J
A
J
113
114
Jan.
J
A
J
Jan.
114
KlngB Co. Elev.—1st, 5 g..l925
‘ 68 t . 71 .Ian. 71 Jan.
RiotuADanv. oon. 6s, g. 1915 J A J 117
Laofede Gas.—1st., 5 g — 1919 Q -F
115 Jan. 118 Jan.
95
93 Jau. 95 Jan.
West.N
o.Oar.
1
stoon.6s,gl914
J
A
J
111
J
A
J
113
Jan.
Jan.
113
Lake Erie A West.—5 g— 1937
113 t . 113 Jan. 114 Jan.
L.Sbore.—Con. op., let, 7a. 1900 J A J 112
89 Jan. 89 Jan.
112 Jan. 115 Jan. Conn-C. I. AKy.—Ten. D.,1st,6 g A A O 85
Birmingham
Div.,
6
g
..
.1917
J
A
J
J
A
U
87
Consol, coup., 2d, 7s...... 1903
89 Jan. 91 Jan
118 1 . 118 Jan. 119% Jan.
Lex. Av. A Pav. F. gu. 5s,g.l993 M A S 111% 111 Jau. 11334 Jan. rexas APaolfio—1st, 5 g..2000 J A D 85
8538 Jan.
81 Jan.
2d, Inoome, 5 g .............. 200j March 19 13
Longlsland.- lstoon.,5g,1931 Q—J 118% 1118*3 Jan. 119 Jan.
20*4 Jan.
18 Jan.
J A J 106
General mortgage, 4 g .. 1938 J A U
97 t . 97 Jan. 98 Jan.
105*3 Jan. 106 Jan.
J A D 71
Louis, A Nasb.—Cons., 7 s.1898 A A 0 105%1 >. 105% Jan. 106 Jan.
t71 Jan. +72 Jan.
J A J 102 b. 102*8 Jan. 105*4 Jan.
N.O.A Mobile, 1st, 6 g ..1930 J A J 118 If. 118 Jan. 118 J an.
Ext. sinking fond, 8....... 1899 M A S
“
2d, 6 g..l9 3 0 J A J 101 Iu 97 J ai>. 97 Jan.
94 Jan.
92%
90 Jan.
Collateral trust, 4%....... 1918 M A N ■ 40 b.
General, 6 g .....................1930 J AD ;
. 114 Jan. i n
Jan.
Gold 6s, 00b trust notes. 1894 F A A 96 b. 93% Jan. 97 Jan.
Unified, 4 g .................. 1940 J A J 75
71*3 Jan. 77 Jan.
Kan. Pao.-Den. Div., 6 g.1899 M A N 106 b. 106 Jan. 107 Jan.
Louis. N. A. AUU.—lst.,6s.l910 J A J 112 '}. 11178 Jan. 112*8 Jan.
1st oonsol., 6 g ..............1919 M A N t 71
Consol., 6 g ........ — ........1916A A O 100 i. 100 Jau. 100*2 Jan.
170 Jan. 174 Jan. 1
Oregon Short Lino—6 g.,1922 F A A 105
Louls.8t.L. A Texas.—6g.l917|F A A 55 t. 55 Jam 57 Jan.
u o o Jan. 106 Jan.}
Or.8.L.ATJt’hN.-Oon.5g.l919
A A O 1 54 b. 151 Jan. +57% Jan.
Manbattan oonsol. 4s........1990 A A O
i. 97*8 Jam 98*3 Jan.
U.P.Den.AGolf,oon., 5g.l939 J A D 35 a 31*3 Jan.
Metro. Elevated.—1st, 6g.l908 J A J
3534 Jan.
i. 116% Jau. 118 Jan.
2d, 6s................
1899 M A N 106 J. 106 .1an. 106*3 Jan. U. S. Cord.—1st 00L, 6 g.,1924 J A J + 29 b 130 Jan. +32 Jan.
Micb.Cent.—1st,oons.,7s.1902 M A N 118
117*2 Jan. 119 Jan. Virginia Mid.—Gen.M., 5S.1936 M A N 96 b 97 Jan.
99 Jan.
Wabash—1st, 5 g ................1939 M A N 104
Consol., 5b. . . . ....... ......1 9 0 2 M A N 104 a.....................
102*3 Jan. 104 Jan.
2d mortgage, 5 g ..............1939 F A A 75
MU.Labe8h.AW—lst.6g.1921 M A N 128 t).|l29*2 Jan. 130*2 Jan.
69 Jan. 75 Jan.
Ex ten. A Imp., 5 g..........1929 F A A 1138 i. 113 Jau. 113 Jan. West. N. Y. APa.—1st, 5 g.1937 J A J 10a b 105*3 Jan. 107*2 Jan.
Gen. 2-3-4s, gold............ 1943 A A O 45 b 44 Jan.
Minn.doit-L.—1st con.5s,g.l934 M A N
96 >., 96*3 Jan. 99 Jan.
4534 Jan.
M 0 .K .A E —Ist5e,g.,gu .l942 A A 0 88
| 86 Jan. 90 Jan. West. Un. Tel.—Ool tr. 5S.1938 J A J
;105*2 Jan. 106*3 Jan.
M.K. A Texas.—1st,4s,g. 1990 J A D 83
1 80 Jan. 84% Jan. Wlso. Gent. Co.—1st, 5 g.,1937 J A J t 39% *+37*2 Jan. +41 Jan 1
^ N otb.—“ b” indioatee prioe bid; “ a ” prloe ashed; tbe range ia made up from actual aalea only. * Latest prioe tills week, t Trust receipts.

Arner. Oottou OlUdob.,8g.l960 Ij F 110 b.
68
Ann A lb o r .-l» \ * » J 5 ---- MW31 Q -J
4 «“
*TfkV.vr 4K.1989!J "A J ( 7950
A 3-4»l'c i "A " 1st lust*l.pd.'89;A A 0 * 29
Now gen. 4a. when issued............... j 76Hi
Adjustment As, when UsuSd.
J AS
ColMidland-Oon6.. A,t.l940 i A A t 21%

110 .1an.
06 Jim.
(69 ‘a Jau.
119:»i Jan.
72% Jau.
42% Jan.
(20 Jan.

110% Jau.
I 70 Jan.
174 Jau.
(23 >a Jan.
76 Jan.
45 Jan.
(22 Jan.

NEW Y O R K STOCK E X C H A N G E P R I C E S ^ C o n t l n u e d J .- m A C T /V 't f BO NDS— J A N U A R Y 2 4 .
SECURITIES.

Railroad Bonds.
'

( tioch Kzchangt Prices./
Alsbsms Mid.—1st, g., guar.1928
A .T . A 8. F —3d, As,Class B.1989
CJbiosgo A St-Lou.—1st, 6s. 1915
Ool. Mid. 1st, go 6s..............1936
Atl. * Pm - M W . D„ gu. 6s. 1907
Western Division inoome...1910
Bslt. A Ohio—1st. 6a,Park B.1919

Bid. Ask.

SECURITIES,

Balt. A Ohio-,5s, told........... 1925
Oons. mort., gold. 5s.......... 1988
W. Va. A Fitts.—1st, g., 5s..1990
B. A 0 .8 . W.,1st, g „ 4%a...l990
Monon.River, 1stg.,g. 5 s ...1919
Oent’lOhio Reor.—1st, 4%s.l930
Ak. A Cb. Juno.—Ist,g,5s,gu.l930
Brooklyn Elevated—2d, 5 s... 1915
2% Seaside AB.B.—lst,g.5s,gu.l942
119 BrnnBw ok A W’n—1st, g. 4s, 1938

Bid. A.sk.
95
96

75

SECURITIES.

Bntt. Rooh. A Pitta.—Gen.. 58.1937
Rooh. v. P .,ls t, 6s...............1921
Roeb. A Pitts.—Cons. 1st, 68.1922
Butt. A Susqneb.—1st, 5s, g,.1913
Burl Ced. Rap. A No.—1st, 58.1906
Consol. Aoollat. trust,5s...1934
.......
Minn* A 8t. L.—1st, 7s, gu.,1927
71
Iowa C. A West.—1st, 7s__ 1909
82
Ced. Rap. I. F. A N., 1st, 6s.l920
1st. 5s
..................... 1921
.......

Bid.
95
115
*95
105
*99

104
103
*90

Ask
100
125
118
105

THE CHRONH’LE

JANUARY 25, 1896.J

179

NEW 10B K STOCK EXCHANGE PUICES.—AVACriFS BO N D S—f C on tin u ed )— J A N U A R Y 24.
SECURITIES,

Bid.

Aik.

Bid.

SECURITIES.

Ask.

"SECURITIES.

93
. F.A.P.M.—1st, con. gold, 58..1939
Norfolk A SouQi’ n—1st, 5s,g.l941
O. OWOt-C o). * Cta.M.lst,4%s.l 930
Ft. Huron D ir.—1st, o s __ 1939
NorfolkA W est—General, 68.1931
Cent. KB. A Bank. -C ol. g.5e.l937
Fla. Cen A Pen,—1st g. 5s__ 1918
New River 1st 6 s.................1932
Cent, of N. J.—t'oBT, deb., 6s.1908
,i| 1st con. g „ 58........................ 1943 80
Imp. & Ext,, 6s..................... 1934
Cent Pacific—Sold bonds, 6s .1896 100
AdjustmentM,, 7 a ............... 1924
. : Ft. Worth A K. G.—1st g., 5s..1928 55
Sold bonds, 6 s ..................... 1897 100
. Gal. Har. A Ban Ant.—lat, 63.1910
Equipment, 5s.......................1908
Ban Joaquin Br., 6 a............. 1900 100
Clinch Val. 1st 5s.................1957
. : 2d mort.. 78............................1905 100
Mort. gold 5s.........................1939
*78
Md. A Wash. Div.—I8t,g.5s.l941
.; Ga. Car. ANor.—lat, gu. 5a. g.1929
Land grant, 5s, g............. ...1900
RoanokeASo.—Ist.gu. as. g.1922
*i Grand Kap. AInd.~Gen, 5 s ..1924
Cal, A O. Dir., ext., g. 5 s ...1918] 100
Soioio Val. A X. E.—1st,4s,.1990
,,|G. B. W. A 8t.P .—1st, con. Ss.1911
West. Faeltte—Bonds, 6s— 1899] 100
Ohio A Miss—Consol. 7s........ 1898
2d Inc. 4s............................... 1906
Its
No. Railway (Cal.)—1st, 6s.1907]
2d consol. 7 s ........................ 1911
. Hougatonlo—Cona. gold 5s__ 1937 121
50-year os.......................... 1938 91
Bpring.Div,—l e t 's .............. 1905
105 j) N.Haven AD erbjhCons.5a..l918 112
Ohea. A O .-P ur, M, fund, 6S.1898
93 l Hons. AT. C.—Waco A X. 7s..1903 125
General 5s.......................... ..1932
Oralg Valley—1st, g., 5 s ....1940
Ohio River RR.—1st, 5s..........1936
....... 1st e „ 5s tint, etdi................. 1937 103
Warm 8 »r. YaL, 1st, g. 5 s..1941
Gen. g .,o s ..............................1937
.......; Cona. g. 69 lint, gtdl............. 1912
Ones. O, A Bo. West.—1st Os. <.1911
Omaha A 8t. Louis.—1st, 4a.. 1937
....... Debent. 63 . prim A in:, gtd.1897
Sd, 6a..................................... 1911
90
Oh. V. -Qea.oon,lst,gn,g,5s. 1938
....... Debent. 4s, prim A Int. gtd. 1897 80
Oregon A Califor.—1st, os, s.1927
........tUinois Central—lat,
4a ...1951
Oreg. RyANav.—Col.tr. g..5a.l919
Chicago A Alton—.8 . F., 6 s .. ..1903 •116
---- ! 1st. gold, 3% s.........................1951 99% 99% Penn -P.C.C.ASt.L.Cn.g.4%8A1940
Louis. & Mo. River—1st, 78.1900 • n o
---- i! Gold 4 .«.............
1952 100 104%
Do
do
Series B ........
2d, 7a.................................. 1900
P.C.A8.L.-lst,0.,7s............... 1900
St. L. Jacks. A Ohio.—2d, 7b.1898 ’ 102
. . . . . Cairo Bridge—u . . . . .............1950
Mlse-R. Bridge—1st,s. f., 8S.1912 ’ 1054 .......; Springf. Div,—Coop., 6 s....1898 _____ ___
Pitts. Ft. W. A C —1st, 7a... 1912
MidtUe Div.—Reg., 5s............1921
.... ........
2d, 7 s ................................. 1912
Ohio. Burl. A Nor,—1st, 5s— 1926 103 % ......
3<1 7 8 ......
1912
.......
C. 8 t. L. AX . O .-t e n .L ,78.1897. ........ ........
Debenture 6s...............
.1896
...... ii
1st. oonsol.,78.................... 1897 .........1 ----0h.8t.L.AP.—l8t",con.5s,g...l932
Ohio. Burling. A Q.—5s, 8. f.,1901 ioo
Chev. A P.—Cons., s. fd., 7a-1900
......
Gold, 5e, coupon...............1951-111 121
Iowa Div.LSink. fond, 5 s..1919 •100
Gen. 4*98, g., "A ............ 1942
......
Merap, Div., ls tg . 4s...... 19511 ..................
Sinking fond, 4s...........
1919 98
St. L.V.AT, H .-la t,6 s ., 76.1897
........
Oed. Falls A Minn.—1st, 78.. 1907 .................
Plain, 48.................................1921
2d, 7s...................................1898
Chicago A Iowa Dir.—5 s ... 1905 ........ 1107% Ind. D. A 8pr.—1st 7s, ex. ep.1906 120 124
2d, ganr., 7b....................... 1898
........ Ind. Ills. A Iowa.—1st, g, 4s..1939 83
Chic, A Indiana Coal—1st 58.1936
1st, ext., g. 5s........... . ......... 1943 ....... .
Gd.R.At.Kxt.—lat,4%S,G.g.l94L
Chi. Mil. A 6 t. F.-lst,8a,P.D.1898 109 111
Peo.AE.-Ind.B.&W.-let,pf.7i.l900
I d , 7 3-108, B. D ..................... 1898 •124 ........ Int. A G. N't!.—3d, 4s, g ........1921' ....... .
Ohio Ind.AW.—lstpref. 5s..1938
lit , 78, $ g., B. D .................. 1902 -123 128 Kings Co.-F,EL,lat,5,it. ,gu. A.19291 *64 I 70
Peoria A Pek. Union—1st, 6b .1921
lit , X. A SL.78..................... 1S97 120 ; ........ Lake Erie A We.st.-2d e', 5s.1841 101
2d ruortg., 4%a......................1921
1 «,X . A D „7 8 ..................... 1899 120 I........ L. 8 . A M.Sint.—S.AK. —Xew7e.'93 MO/. 103
...........................................
Del. M. A T .- la t ,7 » ...............1906! ....... . ........ Pitta, ••hiv<> A Tol.—l*t, Os... 1922
lit
A
M.,7*.................. ,.1903 123%;126%
.at, I. A D .Extension. 7 s... 1908 120 il2S
Lake Shore—Div. bonds,7s. 1899 109 ........ Pitta. A L. Er.—2d g. 5s, " A ” . 1928
1St, La C, A D av.,5*.......... 1919,105 ....... ■ K jU .A lLA G .B --U tgu.5a.1938] 109 ------ ]Pltt«. Me. K. A Y.—lat 6s___ 1932
1st, H .A D .,7 s................... 1910!-......... 124
Mahoii'g Coal RIL—1st. 58.1934 109 i........ Pitta. Painsv. A F.—1st, 5 s ...1916
1st. H. A D ., 53................... 1910 *102 ........ Lehigh V..N.Y.—1st gu.g.4%8,1040 102 ........ Pitt*.Shea. A L.E.—lst,g.,5a. 1940
Chicago A PaciltO Div., 6«.. 1910 113 ......... Lehigh V.T.srm.~l»t gu. 5«,g,i941 '1 1 1 % ........
1st consul. 5s..... ...................1943
Mineral Point Div. 5 s .........1910 U05
. ..... Lehlffi V y C o a l-ls t 5a,gu.g.l9S3 ........ .......... Pitts. A We*t.-M. 5s. g.1891-1941
0. A L, Sup. Div., 5s........... 1921 105%
Pitts.Y’gst’nAA.—1st, 58,000.1927
lJtcht. Car.A West—let 6s. g.1916
Fargo ASouth., 6s, AsMt.,.1921 '112
P.io Grande 80 .—1st, g., 5 s ...1940
iLittle Bock A M. -l* t. 3s, g ..1937
8 t- J ob. A Gr I« .-2 d luo........ 1925
Ino. oonv. sink, fund, 5«— 1916 ......
Long Island—US, 7 s ,.
...,1898
Dakota A Gt, South., 5s__ 1916 105
Kan. C. A Omaha—lat, 5S..1927
1 Ferry, 1st. g., 4% ■............... 1922
95
MILA Nor. m ainline-®*-,. 1910 *112
Bt. 1.. A. A T. H.-Tertn. 5s.. 1914
■ Gold 4a .................................. 1932
O h lo -A N o r « 30-year deb.5*.> 921 106%
BelleV. A 80 . OL—1st, 8a ... 1896
S. Y. A K’ way B .-ls t .g . Sa.1927
■MMUbba A L 8. 1st, 6a....1901 .......
Bellev. A Car —1st, 6 s.........1923
2d mortg,, m e ...................1927 ♦37
—
OesM. A M ln n .-l»t,7 *....1 9 0 7 ......
H. Y.AMan. fecaeb .—1st, 7b, 1897
Chi.8t.L.&PatL-l«.K<ls.5s 1917
Iowa Midland—l*s, 8B......1900 •1U
8 t. Lorn* 80 .—1st, git. g. 4a.l931
121
N.Y.B.A.M.B— lat con. 5a.g. 1935
Peninsula—1st, conv.. 7*.. .1898 . —
Brooki’n AMontauk—1Bt.Ss. 19 11 . ..
do
2d tncotuo ,5a. 1981
Ohio. A Milwaukee—L«t, 7 b. 1898 104
D t. 5 s ......................................... 1911] ..........
Car. A Shawl.- ! at g. 4a___1932
Win. A St. P.—2d, 7s........... 1907 ____
So. Shore Br.—Is? '.o:j..v,,clu32 ........
a t L. A 8 . F.—2d 6 s,g., ol. A .1906
MB. A Mad.—1st. 6 a ..........1905 ........ ........ ^lgi«i».Lv»ns ASt.I..-Con.5B.l;(39
General 5b..............................1931
.......’
Ott. a F. A St. F .- D t , 5b. 1909 105 . . . . . , Looi».AX a 4h.-C«riL Br. 7a . 1907] 106 ;
1st, trust gold 5s............... 1987
northern H i.-la t, 5s......... 1910 105
........
K. II. A X a s h .-l-: 6s, g---- 1919: 112
Kau. City A 9 1st, 6 s, g . . . 1016
Mil. L.8.AW.—Con.deb.,6*. 1907; .......
PensacotaDivision,6».....................1920)
.!
Ft. 8 . A V. B. Bg. -1st, 6a...1910
Mich. Dir., 1st. 6*..............1924
Bt. Louis Division, 1st, 6 s.. .1921] ........
Kansan M idlana-lot, 4a, g.1937
Ashland Division—1st. 6s 1925
2d,8 ».............................................. 19801
: S t Paul City Uy, oon. 5s, g.,.1937
Ch.R, LA P—D. M.A F. 0.1 it 4a. 1905
Xaahv. A Docetur—l8t,7*..19tK» 108
Gold 5s, g u a r....................... 1937
1st, 2%a..............................1905
65
8 . f., 6 * .- « . A X. Ala.............1910
Bt Paul A Duluth—1st,5s— .1931
Extension, 4s....................1905
10-40, gold, 6s......................1924
2d mortgage 5s..................... 1917
Keokuk A Dee M .-ls t, 5 ».. 1923 '100 107%, 50-year 6 », g..........................1937 •98
S t Paul Mmn A M .-ls t, 7a..1909
Ohlo.SE. P. A Minn— U t.fis... 1918 . . . .
Pen*. A A t.- 1st, 6 s, gold. ..1921
2 d m ort. Os............................ 1909
95 100
St- Patti A 8. OL—lit , 8a.......1919 125
Mianoap. Union—let, 6 s___1922
128
CollaL tram, 5*. g ...............1931
(M o. A W. Ind.—let, «. {,, 6s. 1919
M ont Celt—1st, guisr., 6S..1937
U A X A Mob. A Mont.—
General mortgage. 6a.........1932 116
1st guar. g. 5*....................1937
1st, g., *%*.........................1945
OSm Ham. A D.—Con. a. f„7».1905 115
X**h.PIor.AS.-Dt, gu.. 38.1937
East. Minn., 1st div. 1st 5*.1909
Sd, gold, 4%*.........................1237
U>5%
Kentucky Central—4s, g ..1987 *87 . . . . . .
Wllmar Afllou x P.—1st, g,5*.193 8
Cln. D. AIr'n—1ut, gu, 5s, g. 1941 f f ik 108. ]]Ssia.AJeff,
'
Bd go Co.—GiLg.48.1945 ................... Ban Fran. AN. P .-ls t , g.,5<-.1919
Clev. Ak. A Col.-Kq. A 2d 6*. 1930
---- - ;:LoiLS.Aib.AC'h.—Gen.m.g.58.1940 •6 6 % ........ Bonthorn—Ala. Cent., 1st 6 a. 1918
C.C.C. A at. L , Cairo div.—4s. 1939 ____ _.
Aii. A Char.—1st, pref., 7s..1897
;Memphis A Chari.—6», gold .,1924
St.Lon.Div.—I stool. t»*t4e,g. 1990 . . . . . . 92%
Income, 6 s ......................... 1900
letcon . Tens lies. 7e.......... 191 s
Bpring.AC5ul.Dlv.—1st,*. 4a. 1940 ........ I 93
Goluifl. A Green.—1st, 5-6s.l916
Mexican Cent. OonsoL—la .g .ls m
WMteW.VaLDt v .-l* L g . 4s. m o
I»t, con*. Income 3«, g........ 1939
E. Conn. V. A Qat—Dlvls.fis 1930
On. Wab,AM. D lv .-U t.it.La. 19 9 1
Bleb.A Dan.—Eq. s. f. g. 38.1909
Mex. International—1st, ls.g.1942
93
Cln. I. 8t. L. A C,-lst,g.,4*.1936 95% 99
l>td'-u. 5s, stom ped........ 1927
Mexican National—1st, g., 6*.1927
Consol ,6 a.................
192U
V ita Mid.—Serial scr.A, 6 s. 1906
2d, i uootue, «», <,A ".............1917
Oin.flan,AC!l.—Con,l»l,g.as, 1928 ibo~
Series it. tis..................... ..1911
2d, income, 6*. “ I f . .......1 9 1 7
C. Col. Cln. A lad,—lat, 7s,a.f.l899 106 109
Series C, 6 » ......................... 1916
Consol. sink, fund, 7s.........1914
rent'* D, 4.-5s .................... 1921
Coupon, 6*.......
1931 •114
(Jtn.ASpr.—iat,C.C.C.& 1.7b. 1001 ' ........ 114
Mortgage 4 »..........................1:
Series F, 5s......................... 1931
102
OlBVe, Lorain A Wh. —1st, 6 s.1933 106 407%
Bat.GAgtTgis.-lst,39,g.gu.1! .
.1 W.1» h.O. A\V.—1st oitr-Ku, ts.1924
Were A Mah. V.—Gp<<L5 * ...19315 •112 118 Minn. A Ht. L —1st. «. 7 s........1927
142 ; Ter. tu t As’a of 8 t L.—
Del. Lack. A W,—Mort, 7 » . „ . l 907
Iowa Extension, 1st, 7a...... 1909
124 |j 1st, 4%*.................................1939
eyra. Bing. A N, V,—lst.7a.l906
127%|( Bonthwe •Ext —l* t,7 « ....... 1910
125 |; 1st. con. g. 5 s ............. 1894-1944
51cirri# A Essex—let,
142 !i
It Pa. Uii Lx, I d, « * ............1921
. . . . . :! BtUM«r.Br.Te™ .,g.5s,ga..l930
Bond*, 7#..........
1900
Mo.K.ATex.—lit. ext.. 5s. <.1944 •86 ........ 1JTexas A New Orleans—1st,7S.1905
116
7a of 1871..........................1901
Sabine Divlalon, 1st, 6 » .........1912
] Mo.K.AT.or lex. l»t,gii.5«.g. 1842 *75
1st* non., ga*r., 7b........... 1915
141
1943
Kansas City A P»,l#f.,4«,g„1990 60
70 1 Consol. 5s, g .................
Warren - 2d . 7 a ................... 1900
<> Dal. A IVaco—1st. 5s, gu__ 1940
80 [iTBx. A Pac., B, D.—1st, g, Os. 1905
D*A£LCa»o.—ra-Dtv.,eoup.7*. 1917
(Missouri Pantile -—Trust 5 s ...1917
87 '■Third AVOUUB<N.Y).—1 st5s, 1937
Albany A Suaq —1st. gu.,7x1906
, T.A<).C.-Kan.A M., M ort 48.1900
1] lat coll., 5*, g ...... ................ 1920 70
Let, con*., guar., 6s........ .1906 117%
T0 I.P.AW’ .—1st Is.ine.rd.cim.July
i! at L.A1.51.-A rk .B r„lst,78.1395 100 105
Rett*. A Bar. 1st, coup,, 7s. 1921
Ulster A Del.—1st,con.,6 .,5s. 1923
tMobile A Ohio—1st ext-, <>...1927
Dear. Tramway—Con-. 6s, k.1910
i Bt, L. A Cairo —»*, guar...... 1931
I■Union Pactflo—1st, 6 « ............. 1896
SO
Metropoi. By.—Ist.gn. g.6 * ,la ll
)Morgan's La. A T.—1st, 6a.. ..1920
!j lat, 6 a.....................................1897
D.
'bv. A R. G.—Inip..g„ 5 s ...1828 85
'1 1st, 6 s ...................
1899
i t,7s.................................. ..11118
Det.M. tt
u. 3 *»«,ser,A. 1911 *18
19 iIXash. Chat. A 8t. L - -2d, 6S..1901
; Collateral Trust, 6s ..............1908
B et A Mack.—1st lien, 4a,g .. 1999
X, u. *.
K ,-P r .)..
6s.. 1915
■ Colin tend Trust, 5s............. 1907
4a, gold........ ............. .......... 1
H Kansas Paolflo—1st 6 s, g.,.1895
"m
UN. Y. Central.—Deb. g. 4a— 1905 100
Dim es A Iron Reage—1st 5s. 1937
102
ft. J. Juno—Guar. 1st, 4a...1986
let, 6 o, g ...........................18 9 6
1 0 4 %:;
Erie—lit,eon. g, 48, prior bda.1996 91 IOO
Beech Creek—1st, gold, -In..1936 104
p. Br. U V - F . 0., 7a..........1895
1st, extended, 7a . . . . . . ___ .1897 104% 106
Atoh. Col. A Pats.—1st, 60 ...1905
Osw. A Rome—2d, 6s, g.,ga,1915
2d, extended, 5s................... 1919 113%
title* A Bl. Riv.—is, <•, <».1922
Atoll. J. Co. A W ,—1st, 6s...1905
106
33, extended, 4%a.......
1923 106
X. Y. A Put.—1st, g., 4s.gn.1893 100
U.P. Lin. A OoL—lst,g.,5e. 1919
4th, extended, os........ ......... 1920 112% ........ !N. . Y. if. IS. A H.—1st, r -g . 48.1903
Oreg.8.L.AU.N.,col.trBt,,5s.l919
5th, extended, 4s,................. 1939 101% 102
X. Y. A Northern—1st, g, 5s.. 1927 1 1 4 % ........
Utah A North.—lat, 7e........ 1908
l8Vcoj1., g., rd 7# .............. 1920
Gold, 5 s . .. . ........................ 1926
........hN, Y, Busq. A West..—2d] 4%s.l937
B. X. Y. A £ .—1st. 7*...........1916 125 ■ ........
Utah Southern—Gen., 7a -19 0 9
Gen. mort., 5*, g ................ . 1940 76
79%
1.
Y.L.K.AW.—Fnd.oon. 58.1909........ ' Wtlk.AEa«i.-l«t,gt.i.,g.53.1942
Extern,
1st, 7s...............1 9 0 9
90 ]
Col. trust., 6s.......................1922 ior»"
Northern Pae-iflc—
Valley K’Y Oo. of O.—Con. 6a.1921
Stiff. A 8. W,—Mortg. ( > ....160S 102 %
Wabash—Debenture,
8er. A ..1939
Divid’ d aorlp ext........ .................
50 |
gU. g, 59 ....1909 100
James River Vai.—1st, «s...l9 3 e
Debenture, Series B........ . 1939
Spokane A Pal.—1st, (js......1936
Det.
A
Ohio.
Ext.
1st,
5s, g.,1940
79"
Book A IrispL, 1st 6». c.uPcy.1913 l b "
8 1.Pant AN . P .-G e n „ 6s..1923 122
Bt L.K.C.AN.—St.atidge69.190S
Evans, A T. k . - n t , eons.,69.1921
West N.Y.A pa.,gen.g. 2-3-4* ,1943
108% HelenaARedM’n—lat,g.,6».1937
l e t ,general, g „ fig................1912
Income 5s..............................1948
Dtflath&Manitoba—l8t,g.68l93fl *70
Ms. Vernon lat 6 * ............. .1923
Dul.AMa.ii Dak-Div.—lfsWs. 1937 *70
West. Va. C. A Pitts.—1st, 68.1911
Bui Co. Br. 1st. g „ 5b, ......... 1930
Wheel.AL.E.—1st. 5s, gold... 1926
Ckenr d’Alene—l«t, 6s, gaid.1916
Evans. A Indian.—just, eons. .1926
Gsn, lat.g., 6«...................1938
Extension A Imp, g., 5s----- 1930
100
Flint A P, Marq.—Mort., Se. ..1920
Wls, Cent, income 5»..............1937
Pen t. Was hington—1st,g.,6n. 1938

Bid.

Ask.

105
110

110

50
60

55
66

■?3

86%
104

102
50
82
107
•106

114
117
‘ 105
101
103

no
00

107%
107

69%

........ ........
95
70
"is"

103% 104
*86
112
90

101

115
95

103
100% i'03%
116

104

101

110
*93
98

. .......

No priee Friday; tk#s« are die latest quotation* male this waefc

Bor

92
115% 119
80
74% 77%
98
101
101
102
95
70
104%
103

31

45
40

*90

22
105
45
15

23%
100
48**

i'o'6%
*6

BliseeUaneoas a -d U n listed H on d o.—See 3d page preceding

[Vou

THE CHRONICLE,

180

Hoads.

In v e s tm e n t
AND

g a ilr o a d

In t e llig e n c e ,

RAILROAD EARNINGS.
The following table shows the gross earnings of United
Suites railroads (and also a few Mexican and Canadian roads)
for the latest period reported. The statement includes every
feTKAii road from which regular weekly or monthly Utu™f
can be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the calendar year from January l to
and including such latest week or month.
7 7 i< retu rn s o f the street railw ays are n ot included in this
»

J

t

si

.At.

n sytil'kSsortllP'nT. TinCtP..

Latest Gross Earnings.
BOAD9.

Week or Mo 1895-6.

1894-5.

Jan. 1 to Latest Date.
1895-6.

1894-5.

$
155,492
180,161
12,902
15.117
Adirondack.......November.
53,558
52,4 92
28.310
27,211
Aia.Gt.Soutn... 2d wk Jan.
511,885
506,518
52,433
57,831
Ala. Midland... November.
1,990,574
2,355.637
Alle-gneny Val.. November. 234,260 199.181
59,814
54.636
21,585
18,405
Ann Arbor........3d wk Jan.
8^,890
97,850
16.707
13.814
A t k . Midland... November.
28,609.934
29,000,36"
788.100
709,083
Aten. T. & S. Ke 4th wk Dec
6,091,861
8t. L. A San F 4th wk Dec 14 8.704 160,947 6,005,147 3,187.789
86.831 3,724.023
92,329
Atlantic A Pac IthwkDee
Agg. total.. IthwkDee 1,029,133 956,861 3S/729.53 •37,889,584
443,109
448,492
48.161
65,849
Auanta A W. P. November.
18,494
20,238
8,096
10,430
Atlan. A Dauv.. 2d wk Jan.
230,741
222,559
20.300
22,498
Austin A N’ wesl November.
47,397
44.153
Balt.Che8.AAtl. October...
B. AO.East Lines December. 1,527,713 1,440,596 17,781,634 16,998,672
Western Linas December. 509,543 434,280 5,665,085 4,763,235
2,037.250 1,874,876 23,446,719 21,761,907
Total.......December.
218,792
•,38,879
■al.AO.Sou’w .. 2d wk Jan. 116.729 114,658
337,785
677,160
56,749
44,516
BangorAAroost. November.
31,316
32,*/80
4,125
5,476
Bath A Harn’ nd?- November.
21.124
23,178
1.514
2,220
Blr. A Atlantic.. December.
66,504
69,101
34,902
36.388
Brooklyn Elev.. 2d wk Jan.
487 032
482,747
52,770
48,413
Brunsw'kAWest November.
107,624
107,578
53.789
59,455
Buft.Rooh.&Pitt 2d wk Jan.
46,532
30,674
Buffalo AS U8(i-. October. ..
124,793
167,601
64,803
93,080
Bur.C.Rap.A N. 2d wk Jan.
855,115
919,129
43,622
50,070
Camden AAU .. November.
5 4,000
706,000
CanadlanPaclth 2d wk Jan. 34 9,001 272,000
53,371
46,327
4,746
4.890
Car.Midland— November.
Cent, of Georgia Not ember. 524,710 541,898
Central of N.J.. November. 1,279,084 1,051,590 12,045,474 11,208,532
Central Pacific.. |October. .. 1,335,228 1,338,027 10,874,976 10,956,713
564,356
477,425
47,587
37.567
Ohariest’nASav. November.
80,744
59,670
9.04r
12,151
Cheraw.ADarl. Septemb’r.
333,466
415,567
179,504
234,154
2d
wk
Jan
Ches. A Ohio...
Ches.O.ASo.W. December. 255,314 215,254 2,467,126 2,175,217
Chlo. Bur. A No. November. 260.130 151,955 1.808,825 1,692,818
Chle. Bnr. A Q. November. 2,938,851 2,589,599 28,927,645 29,054,522
166,622
178,441
74,909
90,520
Chic. A East. In 2d wk Jan.
187,149 158,533 1,350,385 1,234,124
Cbloago A Erie July
52,116
64,608
52,116
64.608
Ohio. Gt.Weat’n 1st wk Jan
Ohio. Mil.* St P. 3d wk Jan. 537,012 443,406 1,540,945 1,274,286
Chlo.&N’thw’n. December 2,614,780 2,046,815 31,503,399 29,059,547
41,053
37,938
24.117
Ohic.Peo.&StL 2d wk Jan.
23,055
Chlo.R’k I.& P .. December. 1,277,843 1,201,751 15,353,825 16,333,856
Chio.St.P.M.&o November. 831,525 690,697 6,849,640 6,763,530
46,634
45,111
25,054
Chic. A W. Mich 2d wk .Jan.
24,510
58,055
55,407
6,592
6,667
Cin.Ga. APorta. October. .
834
Cin.A Kent. Sou November.
973
22,040
11,685
20,775
10,123
Cin. Jack. A Mac, 2d wk Jan.
72.000 2.876,00(1 2,699,000
70.000
Cln.N.O. AT. P 3d wk Oct.
N. Orl. A N. E. 3d wk Dee.
40,00(
32.000 1,356,206 1,132,232
Ala. A Vicksb 3d wk Dee.
541.083
538,723
18.000
17,00<
Vicks. Sh. A P 3d wk Dec.
520,408
18,000
13.00
553,320
Cin. Ports. A V. December.
253,702
278,743
22.568
10,57
Clarion R iver.. November.
2,686
3.269
592,006
Olev.AkronACo August__
82,620
567,346
73,096
Clev.Can. A So.. 2d wk Jan.
19.759
20.603
10,759
9,927
CLCin.Ch.ASt.1 2d wk Jan. 252,985 229,340
451,062
468,196
Peo. A East’ n November. 108,071 141,495 1,820,102 1,445,456
OL Lor. A Wheel 2d wk Jan.
22,004
40,542
19,074
35,173
Ool. Midland.... December
144,969 130.784
OoL H. V. AToi December. 238,208 202,086 2,654,483 2,678.246
Ool. Sand’y A H 2d wk Jan.
27,672
14,062
26,501
15,612
Colusa A Lake December.
38,920
1,100
1.000
21,659
Crystal.............. October,
8,872
1,141
7,460
998
OnmbTd Valley November.
71,103
732.920
781,192
68,632
Denv. A Rio Gr 2d wk Jau. 127,000 H9,100
243,600
244,500
Des M. A Kan. C. 1st wk Jan
1,396
1,671
1,671
1,396
Det.Lans’g&No 2d wk Jan.
17,159
33,635
30,952
17,150
Det. A Mackinac November.
20,470
218,436
336,335
11.310
Dul.AIr’nRange November. 100.998
58,842 2,155,613 1,500,029
DuluthS.S.AAti 2d wk Jan.
29,274
53,745
29,321
52,086
Elgin.Jol.AEast December. 114,548
83.089 1,172,076 1,034,409
Eureka Springs. (letober. ..
4,442
58,334
6,892
53,987
Evans. A ind'pin- 2d wk Jan.
6,001
9,580
11,406
4,824
Evans. A Rich. 2d wk Jan.
1,805
2,830
2,905
1,757
Bransv. A T. H. 2d wk Jan.
22,554
34,729
41,574
18,329
Fitchburg......... November
672,971 614,192 6,839,844 6,400,818
Flint A r.Marq 2d wk Jan.
51,954
76,940
90,192
40,032
FtW ’ thADen.C. October... 134,603 177,121
FLW. A Rio Gr 2d wk Jan.
8,392
17,751
8,104
15,839
Gads. A Att. U. December.
621
945
6,671
9.328
Georgia HR...... 3d wk Jan.
33.609
'70,112
101,885
26.090
Georgia A Ala.. December.
50,755
443,306
479,777
42,101
Qa.C&r’la A No November. 101,843
641,428
667,033
77,829
Geo. So. A Fla. December.
79.261
830,385
87.831
879,881
Gr. Rap. A Ind. 2d wk Jan.
30,271
59,490
30,577
53,726
Cin. R.A FLW 2d wk Jan.
6,376
7,360
13,679
12,573
rraverseClty. 2d wk Jan.
937
1.716
595
1,046
Mur. G. R. A 1 2d wk Jan.
2,322
3.993
1,321
2.909
T o t all line*- 2d wk Jan.
39,906
77,772
71,360
39.853
Grand Trunk... WkJan.18 301,256 281,655
893,041
868,573
Chlo. A Gr. Tr \\k Jan. 1 i
02,206
121,077
90,350
44,673
DetGr.H.AM Wk Jan.ll
15,968
29,314
30,924
15,498!
Great North’nBt.P. M. A M December. 1,492,513 1,152,090 14,890.328 12,346,877
East of Minn.. Decomber. 181,998 131,0t>l 1,675,382 1,308,505
Montana Cent. December. 138,723| 115,501 1,560,676 1,511,669
T o t system. December. 1,813,2311,398,652 18,126,386 15,167,051
Golf A Chicago. December.'
4,886
5,808'
46,805'
49,221

l x ii.

Latest Gross Earnings.

Jan. 1 to Latest Date.

Week or Mo 1895-6. I 1894-5.

1895-6. | 1894-5.

37,734
48,651
3,532,
5,009
HooB.Ton.AWil November.
333,899
451,212
16,800!
19.012
Hous.E.&W.Tex !3d wk Oot
113,325
107,400
8,343
11.500
Humest’nABhen (December.
Illinois Central. December. 2,094,987 1,751,486 20.494,033 18,345,331
427,084
475,188
14,146
10,328
Ind. Deo.AWest. 4th wkDeo
649,527
703,068
53.730
66,693
Ind. 111. & Iowa. November.
175,066
220,839
79,933
60,090
in.A Gt. North’ n 3d wk Jan.
42,750
37.197
42,750
37.197
ilnteroo. (Mex.) Wk Jau. 4
85,422
1.14,462
29,234
39.189
Iowa Central— 3d wk Jail.
43,305
49,442
4,885
4,405
Iron Railway... December.
714,195
358,781
73,397
26,939
jack. T. A K. W. November.
33,749
31.243
4,362
4.265
Jamest’n AL. E. Septemb’r.
11,652
17,474
5,497
9,442
KanawhaAMioL 2d wk Jan.
135,685
148,789
70,402
80.174
K.C.F. Scott AM 2d wk Jan.
34,303
49 515
18,172
26.634
K.C. Mem.A Blr. 2d wk Jan.
275,089
265,585
17,348
30,066
Kan.C. N. W .... December.
11,672
4,870
434
342
Kan.C.ABeat. December.
17,191
19,065
8,296
9.920
K. C.Pitts. A G .. 2d wk Jau.
6,389
8,821
3,345
4.28f
Kan.C. Sub. Bell 2d wk Jan.
5,953
5,953
7.323
7,323
Keokuk A West 1st wk Jan
77,455
81.198
6,465
6,956
L. Erie All. A So. December.
119,049
129,076
61,479
73,936
L. Erie A West. 2d wk Jan.
35,240
391,067
« 07,045
33.704
Lehigh & Hud.. December.
191,927
14 900
16.453
Lex’ gton AEast. November.
163,629
160,353
f 0,610
48,583
Long Island...... 3d wk Jan.
14.977
145,420
182,396
7,827
Los. Ang. Term December.
42.402
46,915
22.370
24,021
Loui8.Ev.AStL. 2d wk Jan.
689,850
715 335
Louisv.&Nashv. 2d wk Jan. 366.575 343.060
95,597
49,070
98.867
53,649
Louis. N.A.ACh. 2d wk Jan.
439,535
419.636
32,274
39.684
Lou. St.L.ATex. December.
79,114
7,372
73,439
7,593
Macon A Birm.. December.
62,503
117,175
5.849
3,862
Manistique........ December.
31,055
46,548
15,063
24,203
MemphisAChas. 2d wk Jan.
314,518
355.777
tMexioan Cent.. 2d wk Jan. 171,295 163,039
1,959,839
2,378,699
187,426
231,610
Mexican Inter*!. November.
140,515
168,800
69,489
87,422
iMex. National 2d wk Jan.
584,403
624.778
51,874
54,104
Mex. Nortnern.. November.
56,571
60.140
56,571
60,140
tMexioan R’ way Wk Jan. 4
8,735
9,370
8,735
9,370
1st wk J an
Mexican So
52,844
60,596
26,647
35,463
Mmneap.ASt.L. 2d wk Jan.
71,270
33,672
107,591
57,462
M.
St.P.AS.St.M.
2d wk Jan.
425,732
411,989
Mo. Kan. A Tex. 2 d wb J an. 233,692 215,301
651.000
753.000
Mo.Pac. Alron M 2d wk Jan. 415.000 347.000
17,000
27,000
9,000
14,000
Central Br’ch. 2d wk Jan.
668.000
780.000
Total..
2d wk Jan. 429.000 356.000
11,524
11.141
6.103
5,814
Mobile A Birin.. 2d wk J an.
Mobile A Ohio.. December. 371,106 330.882 3,476,689 3,260,990
90,15' 1,116,246 1,004,934
Mont. AMex. Gif. November. 100,219
; Nash.Ch.ASLL. December. 458,291 415,916 4,871,863 4,623,910
20,707
24,106
2,626
3,126
Nevada Central. October. ..
247,377
264,327
30,062
N. Jersey AN. Y. Septemb’r.
32.685
102,465
89,026
12.663
7,896
New Orl. ASo’n. December.
N. Y. C .A H .R .. December. 4,020,847 3,644,996 44,338,889 41,797,492
N. Y.L. E.& W. July.......... 2,323,167 2,077,125 14,693,797 13,761,192
N.Y.Pa. A Ohio. J u n e ........ 579.362 451,850 3,131,797 2,552,623
111,355
62.724
112,628
N.Y. Ont. A W.. 2d wk Jan
62,789
N. Y.Susq.AWV. December. 192,500 193,574 2,260,821 1,962,984
356,036
443,419
Norfolk A West. 2d wk Jan. 235,514 176,693
55,366
47,682
8,455
5,473
Nortlie’rn (Ga»). November.
North’n Central December. 559,184 517,784 6.506,028 6,031,261
435,379
470,799
North’n Pacino 2d wk Jan. 263,698 232,591
28,109
26,327
2.447
2,969
Oconee A W©8t November.
23,233
29,059
10,844
14,546
Ohio River........ 2d wk Jan.
168,571
186,741
16,514
19,459
Ohio Riv.A Chas December
582.238
605,823
87,908
74,909
Ohio Southern. October. ..
Oregon Imp. Co. November. 271.979 315,290
Pacific Mail— November. 340,332 364,425 3,987,982 3,549,016
Pennsylvania.. December. 5,t)39,604 5,153,789 64,627,177 58,704,283
PeoriaDeo.AEv 2d wk Jan.
35,919
35,196
18,237
20,510
479,890
498,746
45,829
Petersburg........ November.
41,520
Phila. A Erie... November. 450.972 383,642 4,037,139 3,685,343
Pliila. ARead’g. November. 2,017,687 1,933,088 19,748,647 18,592,263
Coal A ir. Co... November. 2,494,223 2,224,334 22,492,544 19,957,553
TotalbothCos. November. 4,511,910 4,157,422 42,241,191 38.549,816
Pitts.C.C.ASt.L December. 1,378,199 1,243,191 15,482,287 14,263,870
44.796
Pitts. Mar. A Ch. December.
36.891
3.829
3,851
36.084
Pitt.Shen.AL.E 3d wk Jan.
6,227
12,892
18,681
47,770
43,110
21.555
24 172
Pittsb. A West- 2d wk Jan.
25.407
12,284
13,173
24,560
Pitta. Cl. AToi 2d wk Jan.
4,3 s 5
6,546
2,193
Pitts. Pa. A F. 2d wk Jan.
3,129
72.723
Total system. 2d wb Jan.
72,064
36.032
40,474
Pitt. Young. AA. December.
99,899 1,727,992 1,224,127
92.190
238.570
261 320
21,488
23,292
Quincy O.AK.C December.
671,584
55,674
Rich.Fi*’k8b.AP. November.
639,543
58,025
312,959
26,541Rich. A Petersb. November.
305.000
28,755
16,519
Rio Gr. South’ n 2d wk Jan.
13,934
7,491
9,080
Rio Gr.West’n. 3d wb Jan.
86.300
102,300
32,600
39,700
Sag.TuscolaAH December
116,077
118,596
7,578
9,713
77,219
Sag. Val. A St. L. November.
78.936
7.104
6,661
St L. A. AT. H 2d wk Jan.
44 920
46,280
26,020
25,050
45.482
8 t.L.Ken’ 0tASc' December.
4,095
3 920
5.328
St. L. South w’rn 2d wk Jan.
185 300
99,900 103,500
200,500
8t.PaulADul’ ti December. 110,335
86.664 1,556,9271 1,442.186
San Ant. a A.P November. 167,996 229,121 1,794,069 1,696.121
8.Fran.AN.Pac 1st wk Jan
9,899
7,813
7,813
9,899
Sav.Fia. A Wesi November. 285,021 341,820 3,031,269 3,504 465
Sher.Hhrev.A So Lst wk Jan
4,603
5,234
4,603
5,234
SH. Sps. O. A G November.
8,002
11,111
SUverton.......... December.
*72,63i
8,000
56*715
5,076
bo. Haven A East November
1,363
19,982
18,435
1,507
So. Paoitto Oo.Gal.Har.AS. A November. 474,544 436,494 4,369, 880
,850,353
Louis’aWest. November. 112,008
897,824
996, 653
94,681
Morgan’ sL A3 November 708,759 731,848 5.373. 365
,353,281
N.Y.T. AMex November.
29.497
17,991
239,827
215, 672
Tex. AN. Orl. November. 141,639 155,991 1,497, 8841 1,,417,689
Atlantiosys.6. November. 1,468,791 1,491,936 12,653, 077 11,,952.691
Pacific systen November. 2,915,719 2,787,926 29.898, 325 28,,842 257
Total of aU. November. 4,384,510 4,279.862 42,551, 401 40,,794,948
Affiliated lines November. 539,675 782,171 5,332, 817 5,,573,559
Grand total. November. 4,924,466 5,062,033 47,884, 501 46,,368,507
So. Pao. of Cai October... 1,004,947 9U9 824 8,654,,820
,548,361
So.Pao.of Art/. October... 250,903 232,396 1,857,,429
,710,760
So.Pao.ofN.M October... 116,427
93,723
764.874
890,,416
Northern Ry. October. .. 205,365 219,699 1,648,,808
,805,955
Southern R y... 2d wk Jan. 351,392 324,175
692, ■165
649,988
Staten tsl. R. T. October. .
83.086
76,801 1,029,,590
920,557
StonyOl.ACMt.. November
1,*62
1,877
41,,090
42,992
91,291 108,73 > 1,059,,857
Summit Branch. November.
893,959
Lyk. Val. Coal November
85.318
690, 602
92,508
804,224
176 609 201 241 1,750 459
fo t’lboth Co’ - November
,698.1*3
Texas & Pacific 3d wk Jan. 132,530 154,797
399,,053
443,636
5,050
Tsx.S.ValAN. W December
4,337
40,,905
47,095
30.087
Col. A Ohio Cent 3d wk Jan.
32,536
92,910
96,,212
18.472
18.319
Col. P. A WeBt.. 1st wk Jan
18,472
18,,319
34 623
Col. St. L.&K.O 3d wk Jan.
26.620
97,J 81
73,008

THE CHRONICLE.

JA N U A R Y 2 5 , 1 896,|

Boabs

Latent Gross Earnings.
WeokorMc

Water A Del___November.

1*95.0.
32,973

Jan. 1 !o Latest Date.

1894-5.

1395-6.

*
29,305

*
337,775

*

384 000

Un. Pao. KR-. November. 1,362,8 U l,,333,111 13,193,880 13,707.162
Or.B.L. A O. K N ovem b er. 5 9 0 74 9 467.774, 4,923,121 4 626,644
55.353.
364,935
Et.Joe.6ied.If> N ovem b er.
53 9 :
724.462
7.3511
01.473
104,242
K an .C .A O m . N ov em b er.
0 93 6
13,109;
39,706
Tot. St.J. A G .I. S J w k J.u1 1 017
26.306
9,0,0,
27,000
Cent.Br........ o 2 d w k J u .Q .
14 “ JO
17,000
24
555
249,010
333,963
£ £ £ & * & ( Sorember.
27.521
OHMtotal.'e N ovem b er. 2 134.205 2,,049 280 2 0 ,1 7 7 ,0 0 0 21, 462,222
U .Pao.D .AG . N ov em b er. 3 i8 5l.> 306.176 2 ,3 3 0 .3 2 1 2, 5 <9,212
F t s r t h & D .C O ctob er. . 134,603 177.421
216,547
0 7 ..
9.<S
616,191
Wabash.............3d wk Jan. 231.78*
<18,040 . 220,221
2 1, 9 9 1
Waco a North*- O ctober...
49,01:4
Went fe n e y ...iNoywabor.' 111.530 106*571 1,5 5 9 ,0 7 5 ' 1,47
7 5 ,4 0 4 1,121,014
0,8,741
W .V.O n.APltt- December.'
90,006
3 8,757.
313.4-0
3 6 .111
WeatVa-APltti* October. ..
37.181
5 3 ,312
492,481
48 5 429
Western of Ala,. November.
61.-161
,248,453
9 2 ,3 5 1 1,2 98,1 87
We*:. Maryland jDecember.
83.737'
101,200
4 6 ,2 0 0
West. Jf.Y. A Pa 24 wk J ,u.
51,800
1 8 ,“ 4«71,4- ,
,57.97Wheel.& Lu m t * m wk Jan.21,700
5 5 .7 7 0
119.47.. .
107,2 >7
Wisconsin O a t. 24 wk Jan.
65,906
35,726.1 08
78.557
Wrtekttrv.* T“ n. December.
8,103
* Figure, « v e a do net Include Oregon By. A Sav., Do. Pae. Denver A
Qulf, Denver LeadvtUe & Ganuison, Montana Dition and Leaven worth
Topeka A Sooth western. a These figure* include results om eased liner
b Include* earnings from ferries, etc,, not k'.vcn separately, : Mexie»n ourrenov. c Includes only half of unea tn whlon union Paciilo has
a h ilt Interest.

L it « “ t Wross E a rn in g s by W eek s.— T h e latest w e e k ly earuin ge ra the fo re g o in g are separately su m m ed u p a s fo llo w s :
F or the second w eek o f J a n u a ry ou r prelim in ary statem en
c o v e r s 7 5 roads, and show s 1174 p e r c e n t gain in the a ggreg ate
o v e r the sam e w eek last y e a r .
,

1890.

199$.

*

A la b a m a G t. S o u th e rn ..
A n n A r t - o ..........................
A tla n tic * D a n v ille .......
B a it. & O nto S ou th w est.
B r o o k ly n E le v a t e d .,..* ..
B u 3 a io RoctL A P ltm b's.
B url. C a t, Haft, A N orth .
C anadian P a c ific ..............
C h esa pea k e * O h io .........
C h ica g o A East. tfho.nl*
C h iea vo MUw. A Si. Paul
C ld c. P o o n a A SI- Duals
C b io a e o A W est stiehlKan;
Cha.J a ck s o n A M ackiruw j
C l« v « » C an ton A Sottltr a.;
O n . C m . C h in A S t 1 „ .
<r»-v. D o A
W h eel'*:..
C ol. S andusky A H o ck ’ * ,
D e n v e r A B io G r a n d e ,. .
D e tro it t e a s '* A SforfW n
O olatfc no. S h ore A A t! .'
B v a n s r. A In d ia n a p olis
E v a io v . * fu eb ta n n d ___
E v a n tv . A T erre H a u te ,,
F lin t A P er* M arque*’ j.

PL Wur< U A E ■'; in

f l w t f h ......... .......................
G ra n d R a p id s A In d ia n a
C in cin n a ti B . A F t W ..
T ra v e rs e C ity .................
Music. O r. Rep. A ta d .
G ran d T ra n k o ! C an ad a.
Ctis- A Or. T ru n k _____
D et. O r. H a v en & MIL.
I n te r n '! A tti. N o r t h 'n . . .
I o w a C e n tre !.................. ..
K a n a w h a * M iv tiiv a u ....
K a n . C ity F t. S. A M em ,
K a n . City M em, A Blrm .
K an . C ity PUUh. A U u lf.
K a n . C ity Satxwb. S e l l .. .
L a k e E rie A W e - te rn .___
Ismti Isla n d ........................
D ou isv. E v a o s v & S t 1,
fcooisvU ie * N ash r u l e ...
hon tsT ille N , A . A C h ic ..
M em p his * C h a rle sto n ..
M e x ica n C e n t r a l..............
M e x ica n N a tio n a l.............
M in n ea p olis A St. L ouis
M inn. s t . P. A S . M ...... <
M e, K a n s a s '* T e x a s ....,*
M o . Pacific A Iron M : . . .
C en tral B ra n ch ................•
M o b ile A B frrutortiam 5
N ew Y o rk o u t . A W e*t‘ n !
N o rfo lk A W e s t e r n . ......!
N orth e rn P a c ific ...............<
O h io R iv e r ..... .....................1
!'• or;
- .
P l t l .b . When. A L. Erie .1
Pittsburg- A W estern........<
B io G ran d e S ouths* o ___
B io G ran d* W estern........

8t. Joseph A Oft Island.
§ t- .Reals A lton A T, H .,
Bt. C om *
S ou th ern
T ex a s A
T o le d o A

S o u th w e s te rn ..
R a ilw a y ........ .
P w sia r,...............
O hio <'l a t t a l . . .

* K - " C l- ' W est. » . T. A P e n n s y lT
V heetias- * tmkts E r i e ,..
W ciatnssii! C en tra l..........

Total 0 $ roans).
Set Increase 114-74 p, <

27 ,211
1 “ ,3 2 9
1 0 .4 3 0

116,789
34,902
69,45Sj
93,4)80;
3 *9,001)
244.134,
90 ,320 :

’> t ? : u -

24,117!

23,054*
1 .664

10,739*

2-42.98-5■22,004!
14 .062
1 2 7.0X 5
17.159
29,274 !
6.001 *
1,805*

33,534

5 1 ,9

1

8.392

=•; ■

30,371

*0 !

2,333
293,693

62,206!
15,969:
63.921:
4 2 ,2 8 9
9,412*
8 0 ,174
2 6 ,8 3 4
9 ,8 2 0
4,2 9 2
7 3 .9 3 6
4 9 ,3 2 4
24 ,021
88 6,57 3;
53.619;
2 1 ,203
17 1,29 3
8 7 ,1 2 2
3 3 ,4 0 3
3 7 ,1 6 2
2 3 3 .0 -c
41 5.00 0
i u »0
5.9 14
02 ,7 “ 9
23 5 ,3 1 4
8 6 8 ,6 9 9 !
1 !,• * (!
2 0 .5 1 0
11.758
40.4741

om j
32 ,900 ;
i 1 017

20.020
o V* <•<

351.392*:
142,04)8
35,111:
3 3 .0 U
2 3 7 ,3 7 5 •
5T,400i
2 7 .3 5 7
63 .805 :

* Iw rm m . - Dtcrca is.

#
2 8 ,3 1 0
18 ,533

*
1,099

6*096

2.33 I
2,071

•U.403
272.000

28,2771
77,io<)'

I t M ils
3- ,f> 9
5 3 ,7 8 9

179,501
7 4 ,9 6 8
4 1 a - ■6
2 1 ,0 5 5
2 4 ,5 1 0

10,123

15,011
54 4
1,542
8 3 .:

70,402*
18 ,172

3.9 46
9,7 7 2
8,4 62

8,296'

8,3 4 5
0 1 ,4 7 9
49.727
2 2 ,3 7 0
3 4 1 .0 6 >;
4 9 .0 7 0
15,063!
1 6 3 ,0 3 .
6 9 ,4 8 9
2-1.0 17
38,672!
2 '5 ,1 0 1
3 4 7 .0 0 0

9,000

6,1 03
62,72-4)
170,093

" '7 .9 « c
Si

1.S50
.......

"E 1

4.223

1 1 .922
' i i ‘,739

12
300
981

3 4 .’

1,001
67i>
17,333
470

13,436

1,021

937,
12,457 !

1,6.51

203

6,227

3 0 .0 4 2
7.491
31 ,100 !
11,109
25,050*
19 3 .5 JO
32 1 .1 7 5
132,901
32,291
2 2 ,1 6 )
3 0 5 ,8 6 1
4 0 .200 :

10,377

55,770-'M d C fi f .'

Total (84 roads)............
N at in cre a se ( 7 '4 l p, e .) „

s
480,393
275

5,823,758 5,421,786
........

406 95S
401,972

5,553
631
153

BVrfc or Mo 1895-8. 1894-5.
sg
$

Brockton Con. Si. Ry. Deucinter.

Lull st. Ry. IN. Yd.. December

a tn g ta m tu n at, t t y ... INmewlMr
S n d gB p ort T ra ctio n J 1 w k J a n .

289

........V s;

2,273
5,523!
4,442:
1,599
1,8 «0
903
97J;

3,00<)
" r /,9 ? l

1 0 ,4 8 3 ;

31,515

5,000!

8,980*
1 9 ,0 3 6 ;
” 8 1 7 ,8 7 5 ;’

4
78,649

84,986
............

ST H K ET I t l lL W A Y S AN D T I U C T 1 0 N C D M P A N IE 8
T he fo llo w in g table sh ow s the g ro ss earnings fo r the latest
period o f all s t r e e t railw ays fr o m w h ich we are ab le to o b ta in
weekly or m on th ly returns. T a e arran gem en t o f the table is
the same a* that fo r the steam roa d s—that is, the first tw o
colu m n s o f figures g iv e the g ro w earnings fo r the la test
week or m on th , a nd the last tw o colu m n s the e ir n in g ) fo r
the calen dar year fro m J a u u iry 1 ,to a n d Jincluding such
latest week o r m ou th .
STREET RAILWAYS AND TRACTION COMPANIES.

6-1.000

3,150

crease.

e-Inttr’ l, rentali,
» •» Jr.—
<*->!.. . -Bat. o f Met Barnt.1894.
1895.
i1 8f )’ 4 .
1895.
C
*
*,354
11,933
3,-130
12,911
271,533
1,322
1,025
Pitta, a a A 8fc L - .l t o e .
31 6.02 1
635,492
J ill, 1 to Dr
.1 1 .... 3 .1 9 9 ,0 8 ) 2 ,8 6 2 ,8 6 7 1,920,3 t l
3 »n F ran. A No. P m .D ee .
1 7,1 29
17,233 def. 11,426 def.9,086
87,898
J a n . 1 to Dee 3 1 . . . .
20 6,17 1
207,447
43,560
88.978
J u ly 1 t o Deo. 3 1 . . .
1 0 2.77 v
103,398
57,404
21,300
39.700
48,004
fen n - Coal 1. A RK . D ec.
4 3 ,7 3 5
412,333
J a n . 1 to D e c. 31 . . .
5 9 5 ,7 8 5
717,000
---------- def.55,800

B altim ore T ra e tlo n ,. . , D e ce m b e r.

27/217

3,569
635
2,006

0

Kmuts.
Col. Sjud-.t«. I il n k Nor.

8.916
23,790
18.391
6,000!

Increas*.

N et E a rn in g s M on th ly t o L atest D a tes.— The table f o l l o w ­
ing show s the net earnings o f S t e am railroads rep orted this
w eek.
A fu ll detailed ntatem oat, in clu d in g all roa ds fro m
w hich m on th ly returns can be obtain ed is g iven on ce a m on th
in thess colu m n s, and t h e latest statem en t o f this kin d w ill
he fou n d in tne C h r o n ic l e o f J a n u a ry 18,1898. T he n e x t
wilt appear in the issue o f F eb ru a ry 29, 1896.
.-----Grijss .SagKiag*,Xel Earnings.~
1695.
1894.
1895.
Jioads.
$
“8 '
S
8
A tla n tic A D a n ville . S o v .
52, l S3
51,997
18,414
13,938
Jan. 1 to N’ov. 30—
403,722
510.346
115,781
-13,117
J u ly 1 to N o r . S O ,...
247,000
02,026
236,652
37,118
C ol.Saudus. & H ock, S o y .
1 5 ,3 8 8
71,245
83,359
16,265
200,-45
Edison El. ILCo .N .Y .D i-c.
107,285
190.099
03,5 98
Jan. 1 to Deo 3 1 .... 1,853,721 1,089,374
789,407
915,75!)
150,786
North. Centra!.h__ Dec.
559,184
517,784
111,888
Jan. 1 to D e c . 31 . . . 0 ,5 0 6 ,0 2 8 6,031,261 1 ,9 1 2 ,8 6 2 1,797,144
P enn, le a s t P .A K .).,D < o 5 ,6 3 9 ,6 0 4 5,153,709 1.689,697 1,548,913
Jau. I to Dee. 31 ...61,027,177 58,704,283 19,682,861 18,340,539
Line# west- # , & 8 IH-o,
In c, 4 2 5 ,2 6 4
inn. 212,36:
J m . I t o D e c. 3 1 - . . .
In c. 4 ,5 9 1 ,3 1 4
Iuc. 2,709,309
Pitta. C. C. A St. L. . Dih: 1,378.199 1,213,191
319,143
273,558
.fan. 1 to D e c. 3 1 ___ 15,182,247 14,203,879 4,226,170 3,498,359
99,899
3,122
Pitt*. Ynuue*. A A ... D ec.
82,190
20,<*51
Jan. 1 1 " l ) - o . 3 1 . . .
1,72 7,992 1.221.127
641,961
447,213
d a n P r .A N . P a e .* .. Dec49,119
5,703
7,517
52,623
M l, 702
J a n . 1 to D ec. 8 1 . . .
827,654
231,73*
2)4,815
Ju ly 1 t-, Doc. 3 1 , . .
4*4,752
462.745
192,376
160,178
...».»„«
91,000
96,739
•eon. Coal l . .« Rlv.,.De >
061,20 0
J a n , 1 to D ec. 3 1 ..
. . . . . . . 1,003,118
S e a t e d ! M-nrylaoti...Di,-r
98,737
28,756
92,154
30,910
467,035
456,828
J a n . 1 to D ec. 31 . . . . 1,2 <3,107 1.243,453
3 12.248
O c t I t o Dec. 3 t
120,362
109,11 <
309,5*8

Kam iwos .

9 ,1 4 0
8 ,2 5 6
17,933,

23*,7. •!

10,8 11
13,237

Prey'ly reported (77 r'da)
Des Moines ft Kan. City.
luteroeeanie (Mex.)------Mexican R a ilw a y _____
Mexlaaa Southern..........
8an Francisco A No. Pae.
Sherman Shreve. & So...
Toledo Peoria A West’s . .

1395

$ ‘
$
5,632,559 5,280,315
1,671
1,396
37,197
42.750
60.140
56,571
9,370
8,735
9.099
7,813
4.603
5.734
18,472
18.319

I n t e r e s t C lL t r g M n u ll S u r p l u s . - T h e f o l l o w i n g r o a d s , i n
i d d i .i u u t o t h e ir g r o * * n m l .to t e a r t i i a g - g i v e n in t h e f o r e g o i n g ,
a ls o r e p o r t c h n r g e a f o - in t t Mt, « « „ w i t h t h e a u r p l u B o r d e f i c i t
a b o v e o r b e lo w th ose ch a r g e * .

1.06 =

24,043
2,930

1896

a S e t uarnim r* h e w srtven a r e a fte r d e d u e u a g ta x e s
o S e t earniUiO, n e r e «'.v «n a re wjfore dAtU O tlus t a x e s .

* 4 ,6 5 0
U 8, .i :

Ti',42!»

5.4 >7

204
1.4 80

9,9 2 7
22 9 ,3 4 0 ;
19,071
1 5 ,6 :2
1 1 9 ,1 0 0
17.! 50
2 8 32
4,8 21
1.757
13,329
4 0 ,0 3 2
8,4 01
2 3 , 111
3 0 ,5 7 7
7,3fJ0
535,
1,321
3 3 5 .0 0 6
41,673
16 .498
7 6 ,2 6 0
28 ,959 !

lsi u-eek of January.

1S94 5.

H a lo s P a cin o —

2d u-rek o f Sanitary,

181

32,203

803,666

For tho first week o f J a n u a ry ou r final statem ent covers 81
xoada, and show s 7 41 per cen t ga in in the a ggregate.

d r 'k lj ti Q ueens A Hut, scp te iu b 'r.

dfOflklyn Traotion—

1895-0.
*

1,587
1 ,2 8 0
10,8 J 7 8,746
4,708
4,152
21,029 10,230
I

21,76*
120.8 73
9,791
273, >83
412,685

1894-5.
*
19,807

1 1 9 ,2 0 2

8,450
225,614
429,529

A lb* title A r e ___ . . . O c t o b e r . , .
82, v5 1 89,112 706,208 81 3 .9 9 8
B ro o k lyn B .A W. E. O cto b e r. .,
7,937
6,154 135,64 ) 11 3,77 0
T o t a l........ ... ......... N ovem ber. 85,672 97,720 933,717 i;010,316
Bnfliilo Rr .........
N ovem ber. 1 17.03?' 137,706 1,517,191 1,39 7,233
Central Trac.fPIttsb.) D e c e m b e r . ; 1? ,850 11,80?
17,0)4 16,627
•Jbester T M c t io a ....... G e to U e r,..
Ciile. & So. sid e K T . D ecem b er. 73.639
•bo. N e w p o rt ScC o v ..; D e co u i'm r.- 53,09 ) 4 4,039 624,034 497,950
15,643
ity Klee. iR oin i..'),*./ D ecem b er.
1, 709
.it lie u s ' T r.ia^PU lsll. J u i y ........... 53,391 49,075
1,503,0 ;1 1,3 0,522
C leveland E l e o l d e . .. D ecem b er.
3,12!
2,341
41.271
27,000
C olum bus R R -U.t.) . D ecem b er.
9,432
24,260=
20,162
loim uhtD 8 1 . R y. to.. 2d Wk Jail. 1 2 ,n io'
314,315
Coney Island A B 'lyn. D e ce m b e r. 2 2 ,402 10,900 300.911
Jonsol True. (N. J ) .. S n p tem b'r. 2 45.538 201,803 1,809,635 1,306,420
D eu ver C on. rr.u n w . D««em)>or. 5 ,191 60,208 718,039 725,180
O e r b y S t r c t Ky ........S ep te m b 'r.
7,6 1 0
3,705
Diihlttl 0L Ity. ......... D ecem b er. 17,750 17.4 07 212.806 207,930
E le ctric T rue . P!iU» ; 8«pte«ITt’ r ,)2 4 7 ,0 2 1 108,282
Erie E lec. M otor C o..;D ooet& t»er.' 1 2 ,534 10,791 f s o . n o '
1,921
1,403
.-lu sh in g A o lle x e P i N evem im r.
13,701 17,i l l '210,271 199,133
11Alves ton O ily I t y ...: D ecem b er
B e sto n v illr M. A
A r ch Street. . . . . . . . N ovem b er. 35,032 10,3 92'
R a te s t r e...e......................
t ______ ...N o..................
vem ber.
0 ,1 1 3
2,484
"
■".
:,1C: 2 0 .7 8 6 451,00 t
Ttll >!. ................

THE CHRONICLE,

lb .

Gross
Ears isos.

: Latest Earnings Reported, Jan. I to Latest Dai
\Wfekoi Mo 1395-6., 1891-5-

*

$

676 .......... .
Ilooelck Ry..._............ December
Houston city St. Ry.. December, 17,776 18,180
Interstate Consol. ot
8,936
North Attleboro .. December,
Lak« St. Bier. (Ohio.) December. 85,023 -15,739
Lehigh T raction ...... December. tO,546 10,067
1,301
Look Haven Traction November.
0,032
Lorain ot. By............. November.
Louisville R y... ------ iSeptemb’ r. 1158721 105,025
Ea'wnil Law. A- Huv.. December. 28.939 25m 11
Lynn i Boston......... 2d wk Jan. 19,391 19,299
.ifet fun.! Kansas City i 2d wk Jam 29,691 26,475
Metropoh t.*u (N. Y.L Septemb’r. 571,113 483,706
4,175
7,410
Metrop-lWasb.. D. u.) 12dayaSep
3,623
4,383
Montgomery St. By December.
94,800
75,845
Montreal Street R y... December.
Nu-hviHe Li. Ry...... . December. 27,740 26,176
5,818, 3,594
New-burg Electric.... November,
New England St.—
December.
15,406’ 14,861
Winchester A n '....
2,082 1,874
Fivnl’ tli tfc Ktnyston December.
3.394
3,508
Total.................... 2d wk Jan.
•1,909: 2,742
Now HavemkContrc v. jDecember.
14,257
19,592
New Haven, SL By. .. jSopteinb’r.
2.394
2,718
Now London St B y.. November.
New Orleans Traction December. 121,378 100,066
X. Y. it Harlem......... December.
Northampton St, Ry.
................. December. 7,60s 5,168
1.415
Ogderisburg St. Ry. December.
Paterson Ry.............. December. 25,485 20.253
People’s Tree. (Phiia.) Septemb’r 194,103 137,331
2,595
Portsmouth St. R y... December.
Po’keepate 1: Wapp.F. Septemb’ r. 12,002
SeadiogTraotlou....... December. 16,394 13,410
2,66)
2,865
Roanoke Street........, November.
Rochester Ry........... Decotnber 72,934 65,43r
8,107
9,536
Schuylkill Traction... iSeptemb’r.
3,165
4,120
Schuylkill Val. Into.. ! December.
Scranton Traetiou.... iDoccmber. 29,180 22,661
Second Aye. (PiMsb.i December. 37,555
7,268
6,964
Sioux City Traotion December.
Steinwaj Ry.............. November, 24,503 14,919
1,162
1,129
Strcator Railway. .. November.
Syracuse Consol. — Deeember. 13,617 17,135
Syracuse E’st-SideJRy Decomber.
2,98J
Syracuse St. RR........ December. 22,907 12,017
8,631
Terre Haute Bl’ e. Ry .Ootober. .. 11,998
Third Ave. (N, Y.) . . November. 20-4,765 194,087
Toronto Ry................ iDeeember. 88,189 78,383
Twin City Rap. Tran. INoveraber. 162,666 161,259
Union (N. Bedford)... December. 16,008 13,361
9,82:
Union Ry. (Saginaw). ;December.
United Tra t. (Prov.) Deeember. 138,681 12§‘,214
Utica Belt Line......... December.
2,618
3,769
Wakefield & Stone— December.
Waterbury Traotion.. December. 22,789 16,561
West End (Boston)... October... 685,000 645,000
344
336
West Shore (Conn.),.. ;Ootober...
Wilkesb. A Wy. Valley December. 43,099
3,092
2,900
Wilmington Street... ’SeptembT.
Worcester Consol...... Deeember. 39,054 31,712

1893-6. | 1894-5.

S

„

10,983

[V ol. L X II'
-

Gross Earnings.---- . -----Net Earnings.-——
1895.
1894.
1895.
1894.
$
$
$
$
22,789
16,561
10,909
............
247,730
............
105,657
............

Roods.
Waterbury Tract,'n.bDeo.
Jan. 1 to Deo. 3 1 ....

b Net earnlugs here given are before deducting taxes.
119,588
74',468
966,698
421,577
38,682
59,354
1,381,587

In te rest Charges and S u rp lu s . —The follow ing S t r e e t
railw ays in addition to their gross and net earnings g iv e n in
the foregoing also report charges for interest, &o., w ith the
875, 604 surplus or deficit above or below those charges.
97,202

285, 621
37, 769
53, 601

50,645

35,216

232,214
29,815

207,339
29,851

150,649

92,476

1,349,003 974,568
1,015,076 1,106,017
80,626
298,318 243,881
1,533,588 885,817
36.752, ............
73,1.55:
188,396 163,86-1
860,108

746,068

49,934
299,322

39,782
253,686

—Tnter’t, rentals, 47;.—, —Dal. o f Net E a r n s 1895.
1894.
1895.
1894.
$
$
$
$
17,520
17,736
4,717
6,146
209,331
212,685
05,425
67,110
3,158
............
7,751
............

Hoads.
Denver Con. Tramv.Dee.
Jan. 1 to Deo. 3 1 ....
Waterbary Tract.Oo.Bec.

ANNUAL REPORTS.
A n n u a l R e p o rts .— The follow in g is an in d ex to ali ann ual
reports o f steam railroads, street railw ays and m iscellaneous
com panies which, have been pu blished in the C h r o n ic l e since
the last editions o f the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p ­
plem ents.
This in d ex does not in clu d e reports in to-d a y ’ s C h r o n ic l e .
See I n v e sto r s ’ S u p p l e m e n t , issued to-day, fo r steam roads
and m iscellaneous com panies.
Note .—Full-face figures refer to Vol. 62.
Stbbet Railways .
j Volumes 81 and 62—
Page.
Volumes 61 and 61—
Page. North Shore Traction ....,..,,,.1010
Brooklyn Elevated...................... 81 I West End (Boston),................
904

Colum huslH iicfeing T a lle y & To ledo R a ilw a y .
(F o r the year ending Dec. 31, 1895. J
243,689
120,774

The C h r o n ic l e has been furnished, in advance of the
annual report, with an approxim ate statement of the earn­
152,851 ings for the late year, whten are given below in comparison
88,226
with previous years.

992,802 957,376
1,796,352 1,813,310
196,127 168,637
127,617

16 i ’,836 149,104
37,890
55,527
247,730
6,456,000 5,741,000
448,783

441,603 367,226
t Earnings Increased largely on account of G. A. R. enoampmant in
Louisville.

Street R a ilw a y Net E a r n in g s .—The follow ing table gives
the returns o£ S t reet railw ay gross and net earnings received
this week. In reporting these net earnings for the street r a il­
ways, we adopt the same plan as that for the steam roads—
that is, we prin t each week a ll the returns received that
week, but once a month (on the third or the fourth Satur­
day) we bring together all the roads fu rnish ing returns. The
latest fu ll statement w ill be found in the C h r o n icl e of
January 18, 1896. The next w ill appear in the issue of Satur­
day, February 29, 1896.

Year end. Dec. 31— 1895.
1894.
1893,
Gross earnings ....$2,656,162 $3,688,700 $3,270,362
Opera, expenses.... 1,477,535
1,442,774
1,808,735

1892.
$3,372,585
1,805,128

Net earnings........... $1,178,627 $1,245,926 $1,461,627
Miscellaneous........
10,000
10,000
10,000

$1,567,457
10,000

Total receipts...$1,188,627 $1,255,926 $1,471,627 $1,577,457
Deduct—
Taxes............... - ....... $91,000
$98,123
$92,696
$85,316
Interest on bond?.... 923,030
923,030
923,030
923,030
Int. on car trusts ...
96,765
92,572
60,809
51,327
Other interest..........
21,000
9,864
6,456
4,455
Int.to Pa.Co,on lease,
&a .........................
ir
25,765
25,646
26,804
Dividend on p r e f... (5)106,000 (5) 100,000 (5)100,000 <213) 50,000
Balance over divs..-def.$43,149 sur $3,572sur.{$262,989 sur.$436,52
11 Now charged in operating expenses.
i Of the $262,9o9 balance in 1893 $261,514 was spent for construc­
tion and equipment, &e., leaving a surplus of $1,175. -V . 61, p, 966.

C in c in n a t i H a m ilto n & D ayton R iilw a y .
(R ep o rt fo r the year ending June 30, 1895.J

•SJThe fo llo w in g figures have been furnished to the C h r o n ic l e
for the fiscal year ending June 30, 1895:

-----Gross Earnings.-----..------Net Earnings.-----Years ending June 3 0 1895.
1894.
1893.
1895.
1894.
1895.
1894
Gross earnings.........................$5,039,136
$5,094,812
$5,412,912
Roads.
$
$
$
$
Operating expenses................. 3,411,150
3,370,408
3,568,832
Bath Street Ry......... Deo.
1,587
1,280
541
280
Jan. 1 to Deo. 31__
21,761
19,807
7,479
4,504
Net earnings................
$1,627,986
$1,721,404 $1,844,280
Binghamton St. Ey..Dee.
10,897
8,745
5,046
2,795 •Deduct—
Jan. 1 to Dec. 31__
126,873
119,202
$849,153
$800,462
53,298
49,622 Interest on bonds...... .............. $847,200
269,112
264,835
264,556
BrooktouCoa.St.Rj-. Deo.
21,029
13,236
7,815
7,511 0. H. & D. dividends.................
D.
&
M.
dividends......................
180,788
180,788
180,788
Jan. 1 to Dec. 31___
273,383
225,614
101,807
81,067
Clnu. Newp, & Cov..Dee.
53,099
44,039
15,991
7,709
T
o
t
a
l...................................$1,297,100
$1,294,776
$1,245,808
Jan. 1 to Deo. 3 1 ....
624,034
497,950
205,324
127,344 Balance, surplus...................... $330,886
$429,628
$598,474
Coney Island & B'klyn.—
Oct. 1 to Deo, 3L___
The old common stock is being exchanged for new common
70,544
61,763
16,426
16,820
Jan. 1 lo Deo. 31__
380,930
311,311
144,383 - 106,838 and preferred. _ The last dividend on the old common was 1 %
Denver Con. Trainw.. Dee.
57,194
60,208
22,237
23,882 per cent, paid in J u ly , 1895; nothing has yet been paid on the
Jan. 1 to Dee. 31___
716,039
725,-180
274,75'S
279,795 new common. The new preferred is 5 per cent non-cum ulaGalveston CityRR... .Dee.
15,784
17,211
3,817
6,143 tive stock for §8,000,000, and dividends are payable 1^£ per
Jan. 1 to Dec. 31 —
216,271
199,133
75,191
67.726 cent quarterly, the first being paid in. November, 1895, The
Inter-State Consol. Street
C in cin n ati H am ilton & Indianapolis, controlled and operated
Ry. (No. Attleb.) ..Dee.
8,936
1,432
Lowell Lawr’oe&H.Dee,
28,939
25,711
10,136
6,079 by the C. H . & D ., reports earnings as follows for the fiscal
Jan. 1 to Deo. 31___
421,577
285,621
153,085
75,253 year 1894-95: gross, §660,678; net, $44,888; interest charges,
Lynn & Boston....,-N ov.
98,540
91,628
26,844
25,765 §126,000 ; balance, deficit for year, §8 1,112. In 1893-94 gross
Jan. 1 to Nor. 3 0 .... 1,300,219 1,173,102
575,491
477,'272 earnings were §737,181; net* $66,915.—Y . 61, p. 1064,
Oct. 1 to Nov. 3 0 ....
205,371
191,355
69,130
62,484
Metropolitan Street By,, K .a —
Colorado M id la n d B a ilw a y .
December . . . ___....
140,797
138,324
56,709
53,409
Jiido 1 to Dee. 31___ 1,088,928 1,058,315
(R ep o rt fo r year ending June 30,1895J
472,727
413,630
Nashville Street Ry.Deo.
27,740
26,176
11,508
9,919
A revised statement of this com pany’s earnings for the late
New Orleans Traot..Dec.
121,373
100,066
56.886
49,408 fiscal year is now at hand as follows:
Jan. 1 to Dec. 31__ 1,349,063
974,563
583,076
355.943
1894-95.
1893-94.
N, Y. A Harlem—
Oct. 1 to Deo. 3 1 ....
262,517
301,317
107,643
99,519 Gross earnlugs......................................... .......... 1,592,457
1,463,256
Jan. 1 to Deo. 31___ 1,015,076 1,106,017
363,828
391,029 Operating expenses and taxes.............. ....... ...1,344,117
1,457,088
Northampton 81. Ry.Deo.
7,608
5,168
4,056
2,205
Jan. 1 to Dec. 3 1 . . .
Net earnings.,.................
248,340
90,626
6,168
37,838
Deduct—
Sioux City Tram'n- ..Duo.
7,268
6,961
1,466
56 R en ta l..... ............................................................
44,017
86,602
Toronto Street (tv..,Dec,
88,189
78,383
47,561
39,169 Interest on ourrent debt, &o.............................
8,845
88,828
Jan. 1 to Deo. 31___
992,802
957,370
501,615
436.574
Utica Belt L in e Total................................................................
52,862
175,430
Oot, l t o Deo. 3 1 ....
41,112
37,388
dSf. 169,262
12,119
8,435 Balanoe (including no interest on bonds)....... sr.195,478
Jan, I to Dee. 31—
161,836
149,101
56,539
55,681
- V . 62, p’ 39.

J a n u a r y 25, 1896.]

THE CHRONICLE.

Choctaw O klahom a & G u lf R a ilro a d .
{Report f o r thirteen months ending Oct. 31, 1895.)

President Fran cis 1. Gowen in the report says in part:
General Remarks .—The lin e between South Me -Hester and
Oklahom a C ity was so fa r completed on the 1st of October last
as to enable a through service of freight and m ixed trains to
be put into effect, but through passenger service has not yet
been established. The total amount expended in the con­
struction of this lin e up to the end of the fiscal year
was $1,463,151. The business of the company since " the
new lin e was opened has been satisfactory, and justifies the
expectation that the estimates of the earning capacity of the
com pany, w hich formed the basis for the reorganization plan,
w ill be realized. The net earnings of both departments for
October amounted to upwards of $39,000. T h is result was
attained under conditions which added m aterially to the cost
of operation and w ith an incomplete service of trains. B u s i­
ness during the past year w aste a considerable extent affected
by the loss of crops in a large section of Oklahom a Territo ry,
tlirough a portion of w hich the line of the company extends.
Coal Business.—The output of coal was reasonably satisfac­
tory, considering that during the preceding year the company
shipped during June, J u ly and August upwards of 103.000
tons, due to the long strike in the other mines in the In d ia n
Territo ry, w hile during the corresponding months of 1895
there were shipped but a little over 60,000 tons. Th is com ­
pany is now the largest producer of ooal in the In d ian T e rri­
tory, and every effort w ill b? made to retain that position.
T h is may require the opening of an additional mine.
Equipment .—The equipment comprises: Equipment owned:
locomotives. 13; coal cars, 98; other cars, 25. Equipm ent
leased: coal cars, 892; box cars. 50; stock cars, 250. A ll this
equipment has been kept in good order, and the amount now
controlled by the company is reasonably sufficient for its re­
quirements.
Financial,—The obligation^ which are now outstanding,
or w hich have yet to be i« u e d in settlement for work done in
connection w ith the construction of the 130 m iles of railroad
w hich were built daring the past year, are as follows: $1,000.000 prior lien bonds, interest. $60,000; $1,175,000 general m ort­
gage bonds, interest, $908,750; $1,090,000 income mortgage
Bonds, interest (payable if earned), $5-1,9*)5; total interest, in ­
cluding incomes, $323,650; payments on car trusts, etc , for
1895 96, $52,781,
Eaminqtb —White the report is for the thirteen months
ending October 31, it c a n u in - the follow ing com parative
statements for the y e a n ending September 3). The n ew lin e ,
it w ill be remembered, was not opened t ill after September
80, 1905.
I fi r ending Sept. 30.
R u t road .
1895.
1 “ >4.
P im wu««r vamtawi___- ........
*#9,921
•39,705
Freight......... ................
ls.v .r.2
1 U . 124
Mih................
51.942
51.(31
M ail,express, etc....... ..................
#,7#t
8,329
Grog* Sarnioys.................
$307,179
*2*4.789
Operating expenses............
181,481
179,371
Net earnings,..............................
$125,695
*99,411
Misuse P s ra in w n ii.
O re,, earniogs ............................................... . *551.07 i
$090,260
Operating expense#........................................... 504,027
519,090
Net earning*.................
*50,052
*82,104

188

1895.
1894.
Cents.
Cents.
9-972
Cable lines ................................................................... 10-240
Horae ear tines.................................. .............................30-550
25-393
Electric lines................................ ................................ 14-776
16-904
Ail lines............. ..................................................... .......13-796
13-487
The fo llo w in g table show s the earn ings, exp en ses, etc., fo r

each of the last four years:

1895.
1894.
1893.
Tear ending Dec. 31—
*
$
$
Gross earning*-...................4,476,824 4,264,618 6,059,990
Oper. expenses A taxes. ..2,807,726 2,838.681 3,422,041
P. o. oper. exp. to earn___ (62-72)
(66-56)
(56-75)
Net earnings..................1,669,098
Interest on bonds.............. 207.887
Reconstruction, e t c ......... *92,503
Dividends............................. 1,140,000
Rate of dividen d.............. (12p. c.)
Balance, surplus........

228,700

1892.
$
4,400,944
2.809,434
(63-80)

1,425,931 2,637,949 1,591,510
207.877
199,238 230,873
............
.........................
1,080,000 2,100,000
840,000
(12 p.o.)
(24 p.e,)
(I2p.e.)
138,057

338,711

520,637

•Includes depreciation horses. 813,859; reconstruction of State.
Street, *50,781; reconstructing Cottage Grove $38,078.—Y. 61, o. 966

N orth C liic a y o Street R a ilro a d .
(Report fo r the year ending December 31,1895,)

A t the annual meeting the old board of directors was re­
elected.
la his a o n u il repor; President Yerkes said:
General Results .—Compared w ith the year 1891 the net
earnings amount to $997,137, which is $314,483 more than last
year. There waa during the year 1895 about 58 m iles of track
changed fro n horse to electric track, so that at the present
time the trackage consists of 17 m iles of cable, 66 miles of
electric and 3 miles of horse-car track.
The bu-iif. -s of the com pany was very much interfered with
and the expenses of the lines changed to electricity augmented
by the fact that the changes were being made. It was not
uotO the year was more t'ian half spent that we were running
the electric lint s under fa ir conditions, and since the com ­
mencement the im provement has been rapid. The change
from horsepower to electric, even under the disadvantages
which surrounded the change, has reduced the perc mtage of
expenses to (tie grots receipts to 48 71 par cent, against 54-33
last fyear. W ithout question the stockholders w ill get 12
per cent in dividends during the present year, and perhaps
something in the way of an extra dividend,
j
F in a n c ia l, —After reading the report Mr. Yerkes said: In
j addition to the surplus there is yet due the com pany from the
North Chicago C ity R ailw a y. w hich is leased by the North
‘ Chicago Street Railroad, $850,000 in hoods, to pay for im j provesjeot* upon the line#. T h is would belong to the stockI holder#. The original i«Htu» waa $2,500,000, (Jf that amount
j $1,850,000has been issued for improvements, *
‘ Mr. Yerkes was asked regarding the guaranties which the
; company had given the bonds and stocks of other companies,
l He said the bonds of the North Chicago Electric had been
guaranteed so far as pertained to Lincoln Avenue, and the
North Chicago Electric had a lease from the North Shore
Electric, under which the latter carried alt its down-town
passengers to the lim its barn.
S ta tis tic s —The mileage of the cable cars for the re ar was
‘ 5,233,000, of the electric lines 3,727.000 and of the horse-car
line* 1,727,000. The cost of operating the cable lines was 12-55
cents a m ile; the electric lines 11 cents a m ile, and the horsecar lines 20 cents a mite. Of the gross earnings in 1895
$1,082,793 were from cable. $870,285 from electric and §391,Chicago C ity R a ilw a y ,
277 from horse-car lines. Operating expenses per passenger
for entire system 3 "8 cents.
fR ep o rt f o r the year ending Dec, St, 1895.)
The follow ing are results for the year as co m p lied w ith
A t the annual meeting last week President W ooeler, ac­ previous years;
cording to the Chicago Tribune, made the follow ing state­
1893.
1891.
Years ending Dtr. 31—
1895
ment:
$3,101,143
*2.565,618
Gross earning* .............. .♦2,780,487
General Results.—The C ity R iQ w a y carried last year a to­ Operating expense*....... 1.312,107
1,412,758
1,347,326
tal of 99.8 Mi,461 paying passengers, an increase over the p re­
SI,639.393
$1,213,292
earning* ............ *1,408,330
vious y -a r of 4,011,474. The cable lines showed a fa llin g off I n tNet
533.382
471,252
, rental*, taxes, A c ..
465,048
of more than 1,000,000, and the horse-car lines a fa llin g off
*1,154,510
Balance for divid'd*- *997,123
*752,6*4
of almost 14,000,000 passengers. T b it was more than com ­
pensated, however, by the Increase in passengers carried on Dividend* pal l ........ (12%) 659.921 (12%) 659.913 ( im % ) 613,574
the electric tines, w hich was 19,013,201 in excess of the traffic
$535,936
Balance, surplus....... *337,2)0
$92,731
on the electric lines during the preceding year.
The total accumulated surplus was $1,094,281, from w hich
Mileage.—The company during the year constructed only the extra dividend of 20 per cent was declare 1, leaving a net
1'75 miles of new track; 3 i } { miles of electric lines were re- surplus Jan. 1, 1896, of $394,281,—V . 02, p. 139.
laid with new rails. The present mileage of the company is:
Cable, 34 m iles; electric, 1 17 m iles; horse car, 9 miles, m ak­
W est C h icag o S treet R a ilr o a d .
in g ® total of 162 mile-g cars owned, 1,795.
( Report f o r the year ending Dioembtr 31, 1895.)
New Stock. Etc .—The proposition to authorize the increase
in the capital stock from $10,000,000 to $12,000,000 was
A t the annual meeting last week the old directors were r e ­
adopted unanim ously.
Regarding the disposition of the elected. President Yerk-»s made a statement to the stock­
money derived from the sale of this stock, it was stated the holders w hich, as reported by the d a ily pipers, is given below,
company contemplated the building of 39 m iles of new elec­ Mr. Yerkt-s sava in substance :
tric lines, for w hich franchises had already been secured.
Elevated R R Competition.—The business of the road was
Fo r this it waa expected $1,000,000 would lie needed. Last very much retarded, us is alw ays toe c u e when the motive
year there had been expended mare than $1,800,000 in im ­ power of a street railroad is being changed. TI 19 opening of
provements. It was possible the entire $2,000,000 m ight be the Metropolitan Elevated Railroad also tended to take from
issued if needed. The old directors were re-elected. The the company p ractically its n itural growth for one year—
new stock, it is said, is not lik e ly to be issued u n til J u ly .
about 10 per cent. Fortunately, however, the decrease in ex­
Statistics —The car mileage on the cable lines was 14.872.- penses caused a very substantial gain in. the total amouut of
69'}; on horse cars, 1,542,360, and on electric cars, 5,526,760, net earnings.
Electric Lines Completed ,—There has been substitute! for
m aking the total mileage of the entire system fo r the year
21.941,900 miles, or an increase of 89i,490 m iles for the horse car track 108'28 miles of electric track, and new exten­
twelve months. The increase in the mileage of electric Haw sions of electric track built 13 40 miles, m aking a total at the
was 3,876,500 miles, but the decrease in the cable and horse present time of 40-44 miles of horse car track, 12P 72 miles of
car mileage amounted to 2,783,010 miles. The cost of opera­ electric track, and 30-42 m iles of cable track, being a grand
tion for each car m ile was as follows;
total of 201-58 m iles of track. I t m ay be considered ad van-

[You LXII,

THE CHRONICLE.

184

taceouB to change fifteen or twenty miles more of horse car
track to electric, but this is a matter for the future to deter­
mine. Owing to the failure of the contractors for material to
supply us, we were obliged to postpone the opening of our
different lines until the latter part of the year at irregular in­
tervals from October to December. The electric lines are
now, however, in good working order, and there is no reason
whv the profits of the present year should not be considerably
in excess of those of the past, and the amount of new con­
struction work to be done during the present year will
amount to but little.
,
.
F inancial .—There is no new issue of stock contemplated at
all. We have now $13,000,000 of stock, and I think that is
plenty to pay dividends on. And I do not anticipate any
more debenture bonds unless it may be a few to clear up
with. There are $4,000,000 of debenture bonds now outstandin£«
—The company is reported to have a considerable! floating
debt, but Mr. Yerkes would say nothing as to its amount. In
1895 the operating expenses include for maintenance of way,
$99,758, against $139,280 in 1894; for maintenance of cars,
$92,863. against $106,448; for motive power, $526,698, against
$756,768.
„
,
Statistics .—The comparative results for four years are as
follows
1895.
$
1.201,477
Opetating expenses___ 2,267,196

1894.
$
4,181,237
2,518,627

1892.
1893.
$
$
5,235,634 4,620,225
2,892,983 2,687,311

Net earnings........... 1,934,281

1,662,610

2,342,651

1,932,914

941,749

895,075

Fixed chan e s :

Rental of leased roads
Coupon Interest.........
Other Int. ami taxes..

490, roo

241,813
169,702

902,015
1,032,26 6
Dividends paid............. 791,340
Total fixed charges.

Balance.................. sr.240,926
fluriilusprevious year.. 1,481,693
Total snr p. Deo. 31. 1,722,619
— V. 62, p. 39.

490,500)
240.862
128,109

See I nvestors’ Supplemsnt, issued to-day, for steam roads
and miscellaneous companies.
Note .—Pull-face figures refer to Vul, 62.
Street Railways (Con.V
Street railways.
Volumes 61 and 62—
Page.
Volumes HI and 62—
Pat-.
Asbury Park & Bolmar....recsitierl012 Pt. Wayne (Ind.) Electric....reora. 983
Brigantine Transit.......... receiver 137 Houston City St,. Ry........... reorq. 8 4
Chattanooga Electric.............sale U ' t Long Island Trac.. .sate 1013,1085,1155
Chi. tc SO. Side It. T. plan 1012.1083,137 Milwaukee Street Ry— ..sale 1155, -l O
do
do Com. 10113, 1108,1151 Nashville Traction..................sale 85
Portland (Ore ) Consol. St— p an 8 6
Colonial Elec. St. Ry. (Kingston,
N. Y.)...........
.sale 106* Seattle Cons. St. Ry....... reorq. 9 6 8 ,1118;
Consul. SL Ry (Portland, O.l.forecl. OM Water. & BrownvilleSt. Ry..recur. 1032
Dallas Consol. fS t.............. plan 1013, 1108 West End St. (Rockford. 111.)..sale 9-4

895,075
941,749
1,400,902 1,037.839
7 25,000
£91,559

859,471
803,139
1,184,298

df.381,159 sr.409,343
l,8o2,851

312,839

1,481,693

Edison Electric Illuminating Co. of New York
l R ep ort f o r the y ea r ending Dee, 31, 1S95.J
Earnings and expenses for the year 1895 compare with the
previous year as follows;
1895.
$
.1,563,778
759,473

1894.
$
1,402.010
674.S69

. 804.305
Income from investments and controlled cos . 111,453

747,141
62,325

268,550

780,4^6
207,266

. 647,203
. 476,280

582.200
476,196

. 170,928

106.004

Gross carnin
Operating an,d£

The full am ual report will be submitted at Ihe meeting
Feb. 11. The actual earnings uoon the stock w-re 8-l per
cent, but from the surplus, following out the policy of the
company, a liberal am uat will be carried to the credit of
plant depreciation account. The company will pay on Feb. 1
its forty-third regular quarterly dividend.—Y. 60, p, 1145.
Edison Electric Illum inating Co. of Brooklyn.
( R eport fo r the y ea r end ing Dec. 31, 1S95.)

Earnings and expenses for the late year compare with the
previous year as folio vs. Extracts from the annual report of
the company will be given in the Chronicle next week ;
EXPENSES AND CHARGES.
1895.
1894.
$421,074
. . . . 3*3,707
234,198
.. . . $237,442
Dtd net—
....

— V . 60, p. 1145.
GENERAL

$33,750

1893.
$325,434
17*.861

$186,876
36,539

$14^,573
22,485

$223,406

$169,058

$25,000
168,750

$25,000
98,275

$193,750
$29,658

$123,275
$45,783

of income Dec. 31, 1895, was $-19,113.

IN V E S T M E N T

NEW S

Reorganization Plans, Etc.—The following is an index to
all statements relating to defaults, foreclosure sales, reorgani zation plans, reorganization committees, payment of coupons,
and receiverships, of the principal companies, that have
been published in the Chronicle since the last editions of
the I nvestors’ and the Street R ailway Supplements were
issued, all earlier facts of this nature being set forth therein
It does n ot, however, include matter in to day’s Chronicle.
J ( t n following abbreviations are used: P la n for reorganizaUtlca BeltLta.—d-1U9tnient plao; couP- for coupon payments; d ef.
Oot. l to Dec. 31. a - f ° r committee.
Jan. 1 to Deo. 31

^ u arterly
_ .—E arnjngs for the quarter
______^
Albany _______
Rail w a,y.— Q
and the six months ending December 31 ;have been reported
as follows:
N et
3 months
Gross 1
Net
Ollier
Interest, Balance,
Bend. Dec. 31.
earnings, earnings, tnsome. /axes, etc. surplus.
*895 ................ $131,981
$48,054
$424
$2t,457
*27,021
1894 ................ 122,196
36,956
186
22,579
14,563

6

m o n th s —

1895 .................$275,128
1894 ............... 248,719
—V. 61, p 829.

$112,248
76,460

$864
2,814

$43,894
47,952

$69,218
31,322-

Alberta Railway & Coal—R eorganization. —Notice is given
that in pursuance of section 15 of “ The Ylberti Railway De­
benture Stock Act, 1895” (5$ and 59 Viet., cap. 45, o f the
Canadian Parliamen ), the 6 per cent first mortgage deben­
tures, together with the unpaid coupons, have been called in
by the directors for the purpose of being exchanged for “ A”
debenture stock and “ B” debenture stock in the proportion*
specified in the Act. The debentures and coupons are to be
delivered up forthwith to the Trustees, Executors & Securi­
ties Insurance Corporati >n (Limited), ia order that the corresp -nding stock certificates may be prepared.
Akron Bedford & Cleveland E lectric RR.— New Stock.—
A meeting will be held Feb. 15 to consider increasing the
capital stock from $300,000 to $1,000,000, in order to extend
the road from Cuyahoga Falls to Akron, and for other pur­
poses.—V . 61, p. 870.
Allegheny Traction.—Consolidated Traction.—L ea se.—
According to a Pittsburg paper, the stockholders of the
Allegheny Traction Company will soon vote on a proposition
to lease their road to the new Consolidated Traction Co.
Anthracite Coal Roads— Committee A ppointed. —At th&
meeting of the Presidents of the anthracite coal roads on
Thursday a committee consisting of E B. Thomas, President
of the Erie; J. Rigers Maxwell. President of the Central of
New Jersey and E. R. Holden, Vice-President of the D. L. &
W ., was appointed to prepare a plan for dividing the tonnagefor 1896. Statements presented at the meeting showed
that the output of anthracite for the year 1895 aggregated
46,545,761 tons, contrasting with 41.391,200 tons in 1894, or
largely in excess of the demand,—V. 62, p. 137.
Aransas Harbor & Northern R R.—Aransas Pass Termi­
nal RR.—Incorporation. —The Aransas Harbor & Northern
RR. Co. has been incorporated in ihe interest of the company
which is engaged in making improvements in the harbor of
Aransas Pass, Tex , and it is understood has the right to build
150 miles of road from Aransas Pass to Smithville on the .Mis­
souri Kansas & Texas and International & Great Northern.
Alexander Brosvn & Co. of Baltimore are identified with the
enterprise. At Washington, D. C., the committee on rivers
and harbors has reported favorably the bill granting the
Harbor Improvement Company three years more time to
complete the work of dredging the harbor.—V. 61, p. 7' 3.
Atlantic & Pacific— Ytcliison System.— Foreclosure Suits,
—At Phoenix, Arizona, on Saturday, Jau. 8, Judge Hawkins,
in the United States Circuit Court, graate 1 the motion made
on the part of the second mortgage bondholders to consoli­
date the first mortgage bondholders’ action with the proceed­
ings already begun by the seconds. The Court held that all
equities and priorities could be better taken care of in the
original proceedings, avoiding large complications.
The
United States Trust Company, trustee under the first mort­
gage, was seeking to obtain possession of the property and a
separate receiver for the benefit of tlie firsts. Of the
$5,500,000 second mortgage bonds outstanding, the Atchison
Topeka & Santa Fe owns $2,750,000 (deposited under the gen­
eral mortgage of 1889), and the St. Louis & San Francisco
owns $2,297,000 (pledged under its consolidated mortgage of
1890), leaving $153,000 in the hands of the public. Because
of their interest in the seconds the Atchison and St. Louis &
San Francisco oppose the separation of the foreclosure suits.
The Circ .it Court for New Mexico, however, two weeks ago
refused to consolidate the two suits and appointed Charles
W. Smith receiver. The hearing on the resignation of the
old receivers will come up in the Arizona circuit next Tues­
day.—V. 62, p. 84.
Baltimore & Lehigh RR.—Annual M eeting. —At the meet­
ing this week Mr J. Wilson Brown was elected President.
The earnings for the six months ending Dec. 31, 1895, were
reported as follows: Gross, $74,593; operating expenses, $51,993; net earnings, $22,600.—V. 62, p. 39.
Baltimore & Ohio RR.—New President —John K. Co wen,
previously general counsel, was yesterday elected President
of the Baltimore & Ohio, succeeding Mr. Mayer, who tendered
his resignation several weeks ago.—V. 61, p. 1153.
Beckton Construction — Union Gas (B rook ly n )—P « r chase .—Under the agreement with the Union Gas Co., the
Beckton Construction preferred stockholders receive for

i’HE CHRONICLE.

J a k t j a x y 25, 1896.;

th eir preferred stock 50 per cent of its par value in bonds
and 50 per cent (and possibly a little more) in stock of the
U n ion Com pany. O f these atnou its the^bonds and 30 p r cent
In the stock have already been paid over.—Y . 61, p. 1066.
B rig a n tin e T r a n s it .—R eceiver Changed . - O n Monday
Charles Y . B . Joline was appointed receiver of this com pany,
replacing Judge Thompson, previously appointed.— V . 62,
p. 137.
B ro o k ly n R ip id T r a n s it -L o n g Is la n d T r a c t io n - R e ­
organized Company.—A t A lb a n y the B rooklyn Rapid T ra n ­
sit Company died articles of incorporation. I is capital is
$20,000,WO, The directors are W . C. B ryan t. Horace G .
D u v a l, W . W . Goodrich, John D . K e illy , Tim o th y S. W il­
lia m s and C . L . R oisiter of Brooklyn, E . L . Britton, W . F,
Creed, Frederick S. Flow er, Otto Z inker, j r , Thomas R *nw ieb, Flo y ® V a il and James N. W allace of New Y o rk C ity.
The new company is formed as successor to the Long Island
Tractio n Co., whose assets were recently sold in foreclosure,
and which is being reorganized per plan in V . 60, p, 1145.—
Y . 61, p 1153.
B ru n sw ic k Com pany .—Receiver A p p o in ted —On Ja n , ID
this company, of Brunsw ick, G a-, was placed in the hands of
J , N. T a lle y .'of Macon, as receiver, on the application of the
K nickerbocker Tru*t Com pany, of New Y o rk , holding $300,000 first mortgage bonds.
B uffalo T ra c tio n —K in g s, CJueens & Suffolk R B . —Certifi
cates Refused —To both o f these companies the Board of R tilroad Commissioners of this State has refused permission to
build their proposed lines. The service given by the existing
companies, it is held, is sufficient, the Long Island road run­
n in g frequent trains between Brooklyn and F a r Rockaw ay,
and she Buffalo C ity R ailw a y a ll <ltling ample transportation
facilities in the city of Buffalo.—V , 61, p. 814, 1153.
Cape F e a r & Y a d kin V a lle y HR.—R eorganization.—The
B aliim o re reorganization committee met yesterday at No. 10
South Street, and were inform ed by their counsel. H e a r .
Cowen and Cross, that application for & decree of sale would
be made early In February. It is to this end that the com ­
mittee has been d ilig ently w orking, and confidence was y e
terday expressed that the railroad property would be sold as
a whole .— Baltimore Am erican, Jan . 22.
C a ro lin a M id land R y .—Greenwood Anderson & Western
R y .—Lease. —On Frid a y , Ja n u a ry 17, possession of the Caro­
lin a M idland, extending from Allendale to Severn, 8. C ., 55
mile#, passed, underlease, to the Greenwood Anderson & West­
ern R y. Co. Extensions may be b u ilt toward Greenwood and
srhapa to Charleston or Savannah. Col. M ike Brow n, who is
ice-President of the Carotin* M idland, is President and Treas­
u re r of the new enterprise.
C e n tra l Verm ont R U .— Earning*.—Earning* for the (Leal
ye a r ending June 30,1885, compare with the previous y..ar as
fo llo w s;

f

Tear
Grots
me!. June 30,
earning*.
1894-05.........................toe.tivo
1893-94.......
5.245,053

N et
ea r n in g *.

$ 1,547,000
1,538,059

In terest,
tar t , etc,
* 1 .5 2 8 .1 8 0

1,580.540

Bet! m e t ,
su r p lu s.

*10.880
5,513

185

ber 3 !. the earnings and expanses for the month of Decem­
ber, 1895, being estimated.
6 >»oi>*.
Gross
Xel
Fixed Cash tnt on
Balance,
end. Dee. 31. earnings, earnings, charges, deben. stock,
6 mos.
1895..........$1,378,345 $705,149 $377,757 $151,548 sar.$168,844
1891......... 1,963,802
500,752
309,247
115,608
def. 14,103

The “ fixed charges” include rentals, taxes and interest on
priority loan and floating debt. Interest on debenture stock,
whi~h was payable in scrip, amouuted to $74,783 in the 6 months
of 1895. against $75,316 in 1894.
Regarding these figures, the official circu la r says:
From sneti a report as that for 1391-5 it Is pleasant to turn to the
aeoouuts for the la-t six month*. But for the extra outlay on main­
tenance of w >r and eanlpm-nt, th* surplus would of o rarse have been
larger, hut this expenditure was necessary In the p-rm m ent interest
at the stockholders. I should have been glad to tell the holders of
preferred stock A that they were about to receive a dividend, however
small, but to face of the preceding year’ s deficit, and tile necessity the
company was under to borrow money, this o f course is impossible.
The prospects for the present half-year, though not equal to those of
the last, are fair. We m >v reasonably expect to sorer our debenture
stock interest, but you will remember that railway earnings are always
hoi slier in the ilr-t thin in the second half of the calendar year.

Financial Needs .—To place the road in position for
economical operation, the circu la r says various improvements
are proposed, w hich i: is -stim ite d w ill cost $632,358 as follows:
Bridges and ties, $118,258; additional term inal accommo­
dation, side tracks, w idening of embankment, & c.. $120,100;
improvements and additions to ro llin g stock, $162,000; reduc­
tion of grades, $253,000. To this am ount m ust be added
$526,680 for existing liab ilities as follows: Loan of £70,000,
$340,090. an ! equipment warrants m aturing from Ju re , 1896,
to June 30. 1297, inclusive, $186,630. The total requirements
are therefore $1,179,038, of w hich there w ill be provided by
the scrip dividend for 12 months, J u ly l , 1890, to June 39,
1897, $150,(W0, leaving $t,029,088.
The company would have no d ifficu lty in arran gin g the
extension of the sterling loan, bu for the improvements it
needs fresh money, say about £135,000, and this the board
desires to obtain on promissory notes “ running for not less
than three or over five years
Site p e r cent F ive-Y ear Notes .—To provide for part of the
above-named requirements the R a ilw a y Com pany, through
the London finance com m iitee, invites from shareholders
applications at par for £ 13<>,000 six per cent 5-year notes, part
of a total of £300,009 authorized. The rem aining £ TO,000 are
reserved for the holders of notes shortly m aturing, the ma­
jo rity of whom have expressed a desire to exchange their
orrsent notes for the new issue. Paym ents are to be made
as follows: On application, 10 per cent; 10 per cent on allot­
ment; 20 per cent A p ril 1. 1896; 20 p -r cent on J u ly 1, 1896;
20 per cent on Oct. 1,1896, and 20 per cent on Ja n 1, 1897, but
payment in fu ll m ay be made at the date of any instalm ent.—
Y . 61, p. 555.

Chicago * South Sid e R a p ’ d T r a n s it .— Extension Bond­
holders' Committee,—A permanent committee appointed to

look after the Interests of the extension bondholders consists
of E B uckingham , W . B. W alke r, Joseph L»iter, George E .
Adams and E L. Lobdelt. So far $1,800,000 of the outstand­
ing $3,900,000 of extension bonds are reported to have been
promised the committee. Thia gives more than a m ajo rity
before the formal agreement is prepared.—V . 62, p. 187.
Chicago W isconsin & M innesota R y .—W isconsin C e n tra l.
—Dividend.—A dividend of $30 oer share has been declared
on the 15,660 shares $1,560,000) of 6 per cent cum ulative pre­
ferred stock of the Chicago Wisconsin & Minnesota, payable in
Wisconsin Central Improvement bonds of 1891, due M ay 1,
1981. The dividend is the first that the company has paid,
and is ordered as of Nov. 1, 1895, to cover the accum ulated
dividends from March 1, 1886, to March l , 1891. The W is­
consin Central o-i June 30. 1895, own-*d 2 ,15 ! shares of the
oreferred and 1,691 shares of the common stock of the C . W .
& M,, both lots pledged with t in U sited States Trust Com pany
as part security for receivers’ certificates.—V . 61. p. 924, and

C h e s te r* L e n o ir R R .— Receiver A p p oin ted .—O x T h u rsd ay
M ajor G . W . F. H*rper, Pr-w d nt of the cum party, w»< a p ­
pointed its receiver in a friendly su;l brought to facilitate
reorganization. It is further stated that while the bondhold­
ers have not yet received their Jan uary interest, thev w ill do
so w ith very little delay.
Chicago & A tchIsoa B rid g e— Bondholders' Committee . —
The bondholders' committee, consisting of Messrs, F . W.
Felton, President of the Citizens' Saving & Loan Association
of Cleveland. J >bn J. Shipherd. of C . H . Potter & Co., and
H , P. E«*ll-*, calls for deposits of the bond* of the company of
both classes with the Citizen*’ Saving & Loan Association
of Cleveland. Ohio, according to the terms of an agreement
fo r mutual protection.—V . 61. p, 558.
V. 62, p, 139.
Chicago B u rlin g to n & Q tin cy R K .—Quincy A lton A St.
C mey Is la n d A B ro o k lyn R R .—Quarterly— Earnin gs for
Louis Bonds.—The bonds of the Qutnoy Alton & St. Lo uis the quarter and the six months ending December 31 have
due tub. 1, 1896, w ill be purchased at their face value, on and been reported as follows j
afteT that date, at the office of the Farm ers' L o in & Trust
Oraas
3 months
Interest,
Balance,
Net
Other
Com pany, New Y o rk, or at the office of the 0 . B. & Q. Com ­ end Dee, 31.
earn*at.
earn*as.
surplus.
income. ta ro, etc.
1895.................. $70,544
pany in Bieton,—V . 60, p. 1057.
$16,426
$3,531
* 3,913
*1,018
C h ’c jg o Gas co n so lid a tio n .—O i Monday holders of proxies
on a m ajo rity of the stock of the leading companies controlled
b y the Chicago Oaa combination voted to iner. e their respective
companies into a new corporation, to be known as the Peo­
ple's Consolidated Gaslight & Coke On. The e in panics to be
-Consolidatedare; C h icag o G taligbt& CokeCo., Consumers’ Gas
C o., Equitable Gaslight & F V 1 Co. and the People’s Gaslight
« Coke Co. Secretary of State Hm richsen of Springfield, III.,
subsequently refused to issue a license to incorporate the new
company on the ground that the consolidation is ill-g a l.
The parties interested w ill geek to obtain an order from
Court requiring the license to be issued.— V . 62, p. 84.
Chicago G en eral R a it w a y —A nnual Statem ent .—Thia
company for the year 1895 reports gross receipts $82,082;
operating expenses and fixed charge*, $81,331; balance, su r­
plus, $ < 748. The number of passengers carried d u rin g the
year was 1 , i 46,112 against 955,329 in 1894 and 28.559 in 1893.
The increase for 1895 over 1894 was 83 per cent. —V. 01, p. 924.
Chicago Grea* Western R y .—Semi-Annual Statement.—
i he folio n n g statement is for the six months ending Decem ­

1894 ................ , 01,768
6 months—
1894-95 ........... .*205.3fU
1893-94 ............ . 177,573
- V . 91, p. 793.

10,020

015

12,308

5,127

$89,420
70,365

$1,331
999

$26,808
23,803

$63,888
47,501

B a lia s C ity Street R y .—B a lia s Consolidated Tractio n*

—Reorganized Company .'—The D allas C ity S-reet R y . Co. ha*

been organized with a capital stock of $350,000, pursuant to
the plan in V . 01, p, 1107, to take over the property of the
Dallas Consolidated Traction R y, Co. I is the purpose of the
new company to put a ll the lines under their supervision in
first-class shape and as soon as practicable to place electric
oarson both E rv a y and Akard streets and M cK inney Avenue.
The officers of £ha new company are: Channing M. W ard,
President; H en ry Garrett, Secretary and Treasurer; board of
directors. F ra n k ’ P C la rk , W . H . Blackford, John G ill and
George Jenkins. Baltim ore: Godwin L Blackford, Denison,
Te x.: C. A . K eating, J . T . Trezevant, Channing M. W ard
and H enry G irre tt, D allas. - V . 61, p, 1107.
D u ln tli A W in n ip e g R R .— Foreclosure Safe.—A t D uluth#
M inn,, Jan. 17, Judge Nelson made the final decree for the
sale of this road under foreclosure of the first mortgage of

186

IHE CHRONICLE.

1889, for $3,000,000. This mortgage is held to be a first hen
on the entire property. The property is to be sold as an entiretv, at a date to be fixed by the Master Commis­
sioner. All bidders must deposit $100,000 as a guarantee of
good faith. Th* bonds of the Safe Deposit Co. of Baltimore,
amounting to $5,000,000, are ordered to be delivered up for
cancellation, being invalid. The Canadian Pacific road, it is
expected, will control the property when reorganized — \ . (50,
p. 319.
Erie Railroad.—L istin g . —This company’s first consoli­
dated mortgage -1 per cent gold prior lien bonds of 1896 for
$15,600,000 have been listed on the New York Stock Exchange.
An abetract of the mortgage securing these bonds was pub­
lished in the C hronicle .— V. 63, p. 86.
A n n u a ! Statem ent.— T he application to the Exchange gives
the following statement of earniDgs:
r c a r e n d i n g — S ept. 30/95. S ep t. 30/94. S ep t. 30, ’93. S ep t. 30,’ 92
Gross earnincft. .$‘29,207,014. $28,813,513 $34,194,853 $35,239,692
Oper. expenses. 22,207,987 21,430.399 23,899,233 25,556,820
Netearninga.. $6,999,057 $7,383,113 $10,295,620 $9,682,872

The application further states:
These figures must be varied each year according to the results of
the operations of the coal companies operated by the Erie, anu also
according to revenue derived from one or two other sources. The
ascertainment of exact results is therefore very difficult; hut it is
believed that the following statement of real net earnings, from all
sources, is conservative, viz.:
1895.......... $7,100,000 I 1892......... $9,450,000 I 1889......... $9,550,000
1894.......... 7,400,000 ! 1891......... 9,850,000 1888......... 9,350,000
1893 ......... 10,050,000 |1890......... 9,650,000 |1887......... 9,350,000
The net earnings for 1895 might properly be stated at a larger sum,
but owing to the lack of other funds the receivers have had to treat
certain payments for now equipment and other like items as a part of
operating expenses. The net earnings from 1887-1892, inclusive, in­
clude an average of perhaps $750,000, derived from Lehigh Valley
trackage and other sources now discontinued, but the growth of bus­
iness in other directions is now largely, if not entirely, oflfsttting this
item. The fixed charges for the next two years will be approximately,
in all. $7,560,000. Thereafter, the interest on the general lien bonds
will be increased $300,000, to which, of course, must be added interest
on such moderate expenditures for capital account as may he made
from year to year, for which bonds are reserved as stated below. In­
cluded in the new fixed charges is interest on some $5,000,000 in­
tended to be spent in improving and adding to the property. This ex­
penditure is expected to enable the company to increase its business
and also to transact it with greater economy than heretofore.
The company’s first balance sheet is now in course of preparation,
and will be furnished in the course of a few weeks.—V. 62, p. 84, 86.

Galveston La Porte & Houston Ry .— R eceivers' Certifi­
cates. —The receivers have applied for permission to issue

|Vol .

OENERAL BALANCE SIIEET, JULY 31.
1895.
$8,984,221
«al estate, raaohinery, &o ......
825,679
Cashinbank............................
Bills receivable, <Sro..................
■ | 2,327,629
8tock in trade...................... --. 8,306,992
Balance (good will, patents, &c)

Assets—

l x i i .T I

1894.
$8,934,221
309,706
2,400,753
8,667,780

.$20,444,521

*20,362,460

Capital stock...... ......................
Debenture bonds.....................
Time loans....... ..................... .
Current accounts payable........

,.$18,000,000
108,000
. 2,300,890
35,631

$18,000,000
115,000
2,218,414
29,046

Total liabilities....................

.$20,444,521

*20,362,460

Total assets................... .
L ia b ilities—

- V. 61, p. 325.

New Britain Trolley— Decision.—The decision of the Su­
preme Court of Errors in Connecticut recently in the case
involving the right of the city to tax this company’s entire
gross receipts, is of more than local interest and is worth
recording. The company built an extension and the city,
instead of merely imposing a 2 per cent tax upon the earn­
ings of such extension, undertook to collect a 2 per cent tax
on the entire gross receipts of the road. This, the Court holds,
the city had no right to do under the law of 1893.
New Fngland RR.—Boston & Albany HR.—S tock O w n er­
ship —A director of the Boston & Albany i8 quoted as saying:
It is true that the Boston & Albany is a part owner o f the block of
New England Railroad stock held by Cornelius Vanderbilt in the in­
terests of the New York Central. Tne Boston & Albany Railroad has
bad .or some time *1,000,000 cash in its improvement fund, and it
bought 25,000 shares of this New England stock o f Mr. Vanderbilt, but
the representation of this stockor anyuse o f it will be had jointly with
the New York Central interests. We are not seeking any new alli­
ances or to secure control of any other roads. We bought the New
England stock as a matter of protection o f our property against the
encroachments of the New York New Haven & Hartford road.—
V. 61, p. 829,967.

New Orleans & Southern R R .—F o reclo su re S u it. —At New
Orleans, Jan. 17, a foreclosure suit was begun against this
company by the Central Trust Company, as trustee under the
mortgage of 1891. The coupons due Oct. 1, 1895, on the
prior lien bonds are in default.—V. 61, p. 69.
New York Chicago & St. Louis R R .— E a rn in g s f o r Y ear.
—Earnings for the year ending December 31, 1895, com­
pare with the previous year as follows:
12 monlh8,
Gross
end. Dec. 31.
earnings.
1895......................... *6,326,534
1894.......................... 5,636,229

Net
earnings.
*1,141,308
872,326

Interest
charges.
*860,000
863,000

Balance.
surplus.
281,308
9,326

$250,000 receivers’ certificates. Cash to the amount of $279,A dividend of 5 per cent on the first preferred stock for the
949 is wanted, but $250,000 may he sufficient to pay for bal­
lasting ($53,400), rolling stock ($78,894) and other expendi­ year 1895 is payable March 1, 1896.—Y. 61, p. 871.
tures required to fit the road for operation.—V. 63, p. 138.
New York & Sea Beach R R .— R eceiv er. —This little roa d
Kansas City tt Atlantic RR.—B rid g e to K an sas C ity .— was on January 11 placed in the hands of James T. Nelson, as
receiver.
Interest on its bonds is in default, and a number of
Plans are being prepared for a bridge to give this company
access to Kansas City. The bridge proposed will be of steel, damage suits resulting from accident on Labor Day are
with a lift span 421 feet long, and will accommodate wagon pending. The road is six miles in length, and July 1, 1894,
had outstanding $200,000 first mortgage 7s, $194,700 second
traffic in addition to a double-track railroad.
mortgage incomes and $43,788 of real estate mortgages.
Louisville Evansville & St. Lonis RR.—R eo rg a n iza tio n .
Norfolk Street RR.—N ew M ortg a g e.— This company has
—The report of the expert Mr. Brien has been delayed by
his illness. It is understood that this report will be made the filed a consolidated mortgage for $1,000,000 to the Safe De­
basis for a reorganization plan, which will be announced as posit & Trust Company of Baltimore, as trustee, to secure 5
per cent 40-year bonds. This is the loan authorized last May,
soon as it can be formulated.—V. 61, p. 559.
Norfolk & Carolina RR.—N ew M o rtg a g e.— This company,
Leavenworth Topeka & Southwest. RR.—Decision.—Judge which belongs to the Atlantic Coast Line system, has made
Myer in the District Court at Leavenworth, Kans., on Jan.ll, a $500,000 mortgage on its property to the Safe Deposit &
decided that land abandoned by a railroad reverts to the Trust Co. of Baltimore, as trustee, to secure 50-year 5 per
former owner. When the operation of the Leavenworth road cent gold bonds dated Jan. 1, 1896.was suspended two years ago, a farmer fenced in some ten
acres of land that had been taken from him by condemnation
Northern Ohio Ry.—Lake Erie & Western Ry.—L istin g .
proceedings, including the railway line therein. Later the —Northern Ohio first mortgage 5 per cent gold guaranteed
road resumed operation, and his fences being torn down he bonds for $2,500,000 have been listed on the New York Stock
brought suit with the result indicated above. The case will Exchange.—V. 61, p. 791.
be appealed.—V. 58, p. 716.
Pacific Short Line Bridge—Sioux City B ridge—B r id g e
Lehigh Valley RR.—A n n u a l M eeting. —At the annual O pened. —The Pacifio Short Line bridge over the Missouri
meeting on Tuesday the old management was endorsed by River at Sioux City, la., was opened Jan. 21. The bridge has
an overwhelming majority.—V. 62, p. 134,
been in course of construction for six years, and is said to
have cost nearly $1,800,000. The length, including two fixed
Little Rock Si Memphis—Sale P ostp on ed . —The sale of this spans with a draw at either end, is said to be 1,940 feet, and
road set for the 22d inst. was postponed for thirty days._
with trestle approaches it is 4,140 feet. The structure is 50
feet wide, with railway and street car traoks, wagon roads
Mobile & Ohio RR.—S em i-A nn ual E a rn in g s. —Earnin
and walk for foot passengers. As originally projected, it was
and expenses for the six months ending December 81, 189
intended to unite the Sioux City & Northern RR. with the
compare with the previous year as follows :
Sioux City O'Neill & Western R R., the mortgage of the latter
6 months
Grots
Net
Fixed
covering $2,000,000 capital stock of the Pacific Short Line
Balanc
end. Dec. 3\.
earnings.
earnings.
charges.
siirplu
Bridge Co. It was completed by the Credits Commutation
1895..................$1,893,838
*792,439
*529)394
$263,04
Co.—V. 60, p. 1106.
1894................ 1,671,501
663,306
525,156
____
138,15

There was expended for equipment and other new proper
in the Bix months of 1895 $106,923 against $94,443 in 188
leaving a balance of $158,117 against $43,707. Operating e
penses including taxes and insurance were 58-1 per cent
earnings in 1895, compared with 60‘8 per cent in 1894.—V. 6
p. 664.
Montgomery Tuscaloosa th Memphis Ry, — F oreclosu re
Bale.—This road is advertised to be sold in forcljsure on

Feb. 3, 1896.—V, 61, p. 830.

National LlnBeed OIL—B alance Sheet. —Net earnings for
the fiscal year ending July 81, 1895, were $360,788. In Sep­
tember, 1895, a dividend of one per cent was paid, which was
the first dividend since 1891. Following is the general bal­
ance Bheet of July 31, 189$, compared with the previous year.

Peoria Decatnr & E vansville.— R e o r g a n iz a t io n . — No
progress is making in the matter of formulating a reorganiz­
ation plan. In view of the disturbed financial situation it is
not thought an opportune time to a9k the stockholders to pay
the necessary cash assessment which any plan would involve.
The surplus earnings the past year are said to have been only
about $50,000 over the first mortgage interest requirement.
The property is reported to be in fair physical condition, and
only a small amount of receiver’s certificates have been re­
quired to be issued, some $15,000.—Y. 62, p. 85.
Philadelphia & Reading R R.—D ep osits.— The following
amounts of securities deposited under the plan were published
Jan, 20 by the W a ll S treet J ou rn a l, and are pronounced cor­
rect, the present amounts being somewhat larger, aggregating
* about 88 per cent of the entire issues:

THE CHRONICLE.

J anuary 25, 1896. J

First preference incomes..............$22,336,754 07 out of $23,949,735
Second preference incomes............. 14,178.437 31 out of 16,176,072
Third preference incomes . . . . . . . . . . 13,895,832 38 out of 16,634,462
Stock................................................... 35,542,000 00 out of 41,373,650

—V. 62,p. 139.
P ittsbrrg Cincinnati Chicago & St Louis Rj-.—A n n u a l
S tatem en t. —The following official statement, partly esti­
mated, is furnished for the fiscal year ending Dsc. 31:
Tear.
Gross Earn'yt.
1805......$15,482,288
1894...... 14,263,879

Ret Earn'gs.
$4,220,1-76
3,498,359

Ini., R’nt'ls, <#e.
$3,199.*65
2,862,866

'Bill., Surp.
$1,026,311
635,193

•A dividend of 2 per cent has been declared on the preferred stock,
payable Jan. 27. This will absorb about $452,568 of the surplus,
leaving a balance of $573,743.—(Eds. j—Y. 62, p. 86.

187

R eo rg a n iza tion .—The Chairman of the House Committee
on Pacific Railways has received a letter from Louis Fitz­
gerald, the Chairman of the Union Pacific Reorganization
Committee, in which he says that his committee now embraces
a substantially single representation of all Union Pacific first
mortgage bonds in circulation, as well as of all issues secured
by liens junior to the lien which secures the debt to the
United States. Mr. Fitzgerald adds:
Tills union of seeurity holders relieves the matter of voluntary reor­
ganization from every difficulty except that of defining the relatively
fair provi-ion which should be made for the claim of the Government.
While the neces-lty is pressed upon the Reorganization Committee to
enforce the rights nf the first mortgage bondholders in pending fore­
closure proceedings, the committee believes that it will be its best
office to aid in carrying into effect snob proposal for the ere iitable
and just «. ttlement of the Government claim whloh may be approved
or made by the Committee on Pacific Railroads and maybe carried
into the form of proper legislation of Congress.—V. 62, p. 139.

Prospect Park & Coney Island RR.—New York Bro >klya
& Manhattan Beach—Long Island RK. — Sale o f R o a d .—
The Prosfect Park tc Coney Island RR., and the X. Y. Bay
United States Book — F oreclosu re S ale— R e o ig a n iz a tio n .—
Ridge & Jamaica R R„ with all interests of Andrew
R. Culver, have been transferred for a nominal con­ Referee Frederick R. Coudert, Jr,, reports that the foreclosure
sideration to the New York Brooklyn & Manhattan Beach sale realized $59,171. The amount due on the $t,090,000
RR. Co., which is leased to the Long Island RR. Co. This is mortgage of 1890 for principal and interest was $1,184,206.
the final step in the negotiation by which the Long Island Practically all o f the bonds have assented to the bondholders’
Company in 1“93 acquired a controlling interest in the stock agreement. A plan has been formulated under which the
creditors of the old company have about all agreed to take
o f Culver’s Road.—V. 61, p. 469, 871.
securities in the new company for their claims.—-See V. 81, p.
St. Louis Sc St. Francisco By —L ea sed L in es — Under the 872, 431.
ruling of Judge Adams. U. S. Circuit Court, regarding the
United States Cordage —F oreclosu re .—The six months de­
four branch lines referred to in oar last issue. Judge CiHwell
has entered an order requiring the receivers to abide by the fault necessary for foreclosure was completed Jan. 1. 1898.
leases, which means the payment of ail interest in arrears and The reorganization committee, which has h id to wait for
that may accrue during the receivership. The annual re­ this event, is preparing to foreclose the mortgage and to close
quirement is $193,380, and the amount in arrears is about up the reorganization as speedily as possible.—V. 61, p. 1066.
$400,000. The receivers are directed to pay the money from
Washburn Bayfield A Iron River HR. — New C om p a n y
the proceeds of the sale of the main line, if payment cannot an d M ortgage .—This company, which proposes to ouild
be made from earnings or receivers' certificate?. The roads in Wisconsin a line connecting the places indicated in its
affected are the St. Louis‘ Salem & Arkansas, the Kansas name, has filed a mortgage to secure $249,000 twenty year
City & Southwestern, the St. Louis Kansas & Southwestern 5 per cent gold bonds. The Milwaukee Trust Company, it is
and the Kansas Midland. The aggregate bonded debt o f the understood, is trustee. The new road, it is said, will be built
four roads is *4,502,00). The petition of the receivers to in the interest of the Great Northern road.
abandon the contracts of base and guaranty was referred to
the Master in Chancery, who was instructed to hear and
Trust Companies In New York and Brooklyn.—In the
determine the matter. The Master repotted In favor of con­
tinuing the contracts and keeping the branches. Judge January number of the I nvestors’ S upplement, sent out
Adams sustains the report of the Master in a long opinion with this issue of the CHRONICLE, are published the re­
reviewing the facts and arguments for and against the Mas­ ports of the trust companies of New York and Brooklyn as
ter’s findings. The opinion holds that in view of the value of of Dec. 31 and June 30. 1895, and Deo. 31, 1894. Ths state­
the branch lines as feeders to the main line they should be ments given below complete the list.
retained, and that it is not advisable to dismember the corpusf HOLLAND TRUST COMPANY.
It is further held that the Mercantile Trust Co , tbe trustee
Resources.
under tbe consolidated mortgage, was aoder contract in the
Der. 31.-95. June 30,'95. Dre.31,’ 94.
event it took possession o f ths branch Hues to pay the inter­ Block tnves'U (market value)....... $47 *.961
$711,891
$700,553
288.788
280,246
Amount
loaned
on
collaterals.......
261,995
est on the bonds as obligations of the mortgagor before it
leaned on personal secnritles.......
s.427
11,915
10.408
should apply the net income to the payment o f any interest Real estate (eettmsteil value)........ 288.429
92,766
92,766
on tbe bonds secured by the consolidated mortgage.
Cash on h a n d ....................
1,471
2.544
980
47,597
39,021
47,183
R eorga n iza tion . —The reorganization of the St. Louis & Cash on deposit...............................
46.677
Other
assets.....................................
42.609
55,492
San Francisco is now being discussed by the large interests.
The proposition to proceed with foreclosure and to reorganise
Total............................................$1,145,981 $1,196,606 $1,195,135
independently of the Atchison has met with considerable
Liabilities.
favor. The Atchison, as a large holder of the ’Frisco securi­ Capital stock.............................
$500,000
$500,000
$500,000
229,202
ties, would of course nave a voice in formulating any plan, Mnrpla* fund . ................................
139,485
203,826
17,388
24,831
15,048
but the final relations of the respective lines to one another Deposits In trust..............................
174,600
196,360
Gen. deposits paysble on demand.
155,999
would be a matter for negotiation after reorganization. The Other liabilities.....................
301,132
252,195
325,666
new general mortgage of the Atchison provides for the issu­
Total........................................ $1,145,981 $1,196,606 $1,195,135
ance of bonds to the extent of $20,000,000 in case the ’ Frisco
Supplementary.
should be acquired. Action as to making this issue may be
$17,650
$221
$3,093
taken by a majority of the Board of Directors and two-thirds Tot amt of profltadurlugthe yesr.
5,990
5,050
Int. credited dep's same period...
4.061
of the joint reorganization committee.—V. 62, p. 137.
26,482
Esp of Institution same period
21,991
23,960
153,462
St. Louis Yandalla A Terre Haute R R.—A n n u i l S ta te­ Am. deais. on which Int. Is allowed. 121,567
108,907
2 to 4 p. 0. l»Sto4p.c.
m ent.—T his com pan y is controlled by Pennsylvania RR in­ Bate of Interest.............................. 2 to 4 p. o.
I In liquidation.
terests. and is leased for 30 per cent of its gross earnings to the
Terre Haute & Indianapolis It reports for the year ending
M AN U FACTU RERS- TRUST C O M PA N Y O F BROO K LYN .
Oct. 81. 1895, rental received $520,785, contrast! tg with
Resources.
$494,736 in 1893-94 and $565,424 in 1892-93. After pavmentof all
Dee. 3 1 . 1 8 9 5 .
charges there was left a surplus for the year of $117,497, from S t o c k I n v e s t m e n t s ( m s r k e t v a l u e ) ........................... ............................ $ 2 3 8 ,3 2 1
4 3 3 ,0 0 0
which 7 per ceDt was paid on the preferred stock for the year A m o u n t l o a n e d o n c o lla te r a ls .................................................................
Amount loaned on personalsecurities......................................
27,025
1886.—V . 60, p. 34$.
C a s h o n h a n d . . . ..........................................
9 ,7 8 7
Terre Haute A Indlanapnlig RR.—Acts Officers .—This Cash on deposit............................................
2 5 1 .3 2 4
Other
assets
................................................................................
43,811
road passed into control of the Pennsylvania RR. in 1893, but
only last week was the old Terre Haute management dis­
Total.........................................................................................$1,001,068
placed by Pennsylvania officers. Mr. McKeeo, who has so
Liabilities.
long been President, is succeeded by First Vice-President Mo­ Capital stock................................................................................ $500,000
tt®*, of the Pennsylvania. A press dispatch says: The an­ S u r p lu s f u n d
..........................................................................................
5 0 0 ,0 0 0
1 ,0 6 8
nual report was approved but the figures were not made pub­ U n d iv id e d p r o f it s ..........................................................................................
lic. Owing to cotily accidents and heavy expenditures for
Total....................................................
$1,001,069
betterments no dividend was declared.—V. 60, p. 84.
Supplementary.
Union Pacific RK.—C oupon P a y m en t. —Coupons dee Jan. Total amount of profits during the rear..................................
$3,779
none.
1, 1895, ($80 each) from Union Pacific Railroad Company first Interest credited depositors during same period...................
Expenses
of
Institution
same
period.......................................
1,416
mortgage 6 per cent bonds, with interest accrued thereon, Amount of dividends declared same period..................... .
none
were advertised payable at the Union Trust Company, No. 80 Amount of deposits on which interest Is allowed................
nons
none
Broadway, New York City, and at the office of the Treasurer Rate of Interest. ....................................................
of the receivers, No. 92 Ames Building, Boston, on and after
Monday, January 20, 1896.
The interest due Feb. 1 on the colla teral tru st gold notes 6s
—The Nederland Life Insurance Company, limited, United
of 1891 will be paid as usual at maturity.
States branch, publish their annual statement in to-day’s
Trust R eceipts L isted — Reorganization certificates o ’ de­ chronicle . The hoard of trustees is composed of such wellposit for $1,301,000 Union Pacific Railway extended sink­ known men s b John Crosbv Brown. Amos T. French, John
ing fund 8 per cent gold bonds and $31,961 capital stock have D. Keiley, James Brown Potter aDd CharleH E, Whitehead.
been listed on the New York Stock Exchange, The applica­ The gain in suiplus over 1894 is Btated at 18-43 per cent, and
tion to the Exchange says: “ No call has been made unaer tbe attention is directed to the fact that tbe assets of the home
proposed assessment of $15 per share, and none is likely to be office in Holland are an additional guarantee to policy-holders
made until the plan is declared operative.”
in the United States.

THE CHRONICLE.

188

[Vol. lxu .

C O T T O N .
F riday Night , January 24, 1896.
T he Movement of the C rop , as indicated by our telegrams
from the South to-night, is given below. For the week ending
C O M M E R C I A L
E P I T O M E .
F riday Nioht, January 24,1396. i this evening the total receipts have reached 112,395 bales,
|against 119,837 bales last week and 135,323 bales the previous
Business continues alow and unsatisfactory in character. week, miking the total receipts since the 1st of Sept., 1895,
Small traders are calling for lighter quantities of goods than 3,912,230 bales, against 6,018.530 bales for the same period of
usual at this time of the year, and the demand upon offer­ 1894-5, showing a decrease since Sept. 1,1895, of 2,106,310 bales.
ings at first hands is curtailed to unexpectedly narrow pro­
W ed .
T h u rs.
M on.
T u es.
FH.
R e c e ip ts a t—
T o ta l.
portions. Compar ttively low selling prices and stocks under
S a l.
control serve as influences to prevent depressing efforts to
3,196 3,025 2,804 3,678 18,083
4,045
Galveston.......
1,335
realize upon staple commodities. A firmer tone is reported
.......
1,589 1.537 3,126
Tex. City, &c.! ........ .......
upon the market for iron and steel, in consequence of ap­
parent successful arrangements to restrict the output. There Now Orleans... 5,518 7,712 10,499 6,896 4,812 5,059 40,526
994 2,089
948 1,020
319 6,247
877
Is complaint of slow collections in nearly every division of Mobile.............
.......
....
95
95
trade. A very fair export trade is doing in grain and foreign Florida............ ......
orders for manufactured goods increase slightly. Moderate Savannah ....... 1,717 1,726 2,252 2,644 1,135 1,4 34 10,908
Brunsw’k, dec. ........ ........ ........ ...... ........ 1,014 1,014
arrivals of swine still serve as strengthening influence upon
652
412
837
387 1,152
797 4,237
prices of cured meats. As the week closes a heavy storm, Charleston......
......
Pt. Royal, &c. ...... ...... .......
......
extending over a wide areaof country, has impaired telegraphic
639
928
700
369
760 3,396
communication. How far it has interfered with travel and Wilmington__
......
.......
___
Wash’ton, &e.
10
10
business is not known as we write.
815 1,292 1,401 9,325
A moderate amount of business has been transacted in the Norfolk............ 2,050 1,479 2,288
247
113
360
market for spot lard and prices have been steady, closing at
.......
......
6c. asked for prime Western, 5 50o. for prime City and 6 35c.
713
713
......
N’port N., &c.
for refined. Speculation in the local market for lard futures New York.......
950 1,5 3 2 1,592 1,783
760 6,667
has continued at a standstill, but nominal prices have been Boston ............
5,802
270
374 1,865 1,085 1,538
620
advanced slightly in response to stronger advices from the Baltimore....... ........ ........ ......
...
1,278 1,278
West, where buying has been general, closing steady.
100
200
237
13
60S
PbiladeIpU’a,&e
58

! T li c

C o m m e r c ia l % u n z s .

DAILY OLOSnra PRICES OP LARD FUTURES.
Sat. J f on. 1'ues. W ed . lhur.

January............ ........o. 6-90

____

6-00

5-90

590

Frr

5-95

Pork has received a limited amount of attention and prices
have been advanced slightly, closing steady at §10 75 a>SU
for mess, $10 50@ll for family and $11 50@$12 50 for short
clear. Cut meats have been in moderate request and firmer,
closing at 5J^@5J£c. for pickled bellies, 13@ 10 lbs. average,
5c. for pickled suoulders and 8>£@9c. for pickled hams.
Beef has been firm but quiet, closing at $7 50@$8 50 for extra
mess, $9@$10 for packet, S10@?13 for family and $15 59@$17
for extra India mess. Beef hams have been steady, clos­
ing at $15 50@$16. Tallow has been moderately active,
but at a slight decline in price, closing with sales at
8 13-16c. Oleo-stearine has been quiet and unchanged at-5c.
Lard stearine has been in increased demand and prices have
advanced, closing firm at 6%c. Cot on-seed oil has been in
moderate request at about steady prices, closing at
for
prime crude and 28J^c. for prime yellow. Butter has fur­
ther declined, but at the close the demand was fairly active
and prices steady at 14@'30J^c. for creamery. Cheese has
been in fair demand at firm prices, closing at T f4@ l0% a for
State factory, full cream. Fresh eggs have further declined,
but the close was steady at 17 <i) 17J^c. for choice Western.
Coffee found very little natural demand and under constant
pressure to secure custom the toDe of the market was tame a'l
around. Rio quoted at 13J£c. for No. 7; good Cucuta at
n j^ c., and standard quality Java at 25}^@26c. Dealings in
contracts for future delivery have been largely a liquidating
-of “ long” engagements with prices weak, and closing still in
buyers’ favor. The following were the final asking prices:
Jan...................l3-20o. I A pril............... 12-50o. July................12-10o.
Feb.................. 12-930. May................. 12-40O. Aug................ll-75c.
March......... ..12-8:0.
Sept .............. 11-SOo

1June............. 12-20o.

Raw sugars have shown an unusually strong market at ad­
vancing cost, but the high rates asked served to check oper
ations somewhat. Centrifugal quoted at 8Jge. for96-deg. test
and mu?covado at 3 ^ for 89 deg. test. R fined sugars are
higher, but sellmg s.imewhat irregularly; granulated qu ited
4 l-5-16c Teas of fine quality steadier.
Kentucky tobacco has been unsettled; the choice grades
have been in hghtsupply and wanted, but the low grades have
been plentiful, and with a slow demand prices have been easy
Seed leaf tobacco has been in limited demand at steady pricessales for the week were 1,325 cases, as follows : 200 cases 1894
crop, New England Hnmna seed. 10® 15c., 230 cases 1893
crop, New England Havana seed, 6@7c.; 70 cases 1894 crop
New England seedl leaf, 8@ 19c.; 200 cases 1894 crop, State
™SaTlV7®inn ! 10°ia a le8 1898 crop, Pennsylvania Havana,
lie., 100 cases 1893 crop, Pennsylvania setd leaf, 85/@
oaoC'' H e n ? 68 189“ . crop, Pennsylvania seed leaf, 9@l0c.;
200 cases 1893 crop, Zimmer’s, 11c., and 100 cases 1894 or »p,
Zimmers, lie .; also 700 bales Havana, 69c.@$t 10, and 200
bales Sumatra, 65c.@$2 in bond.
’
. There has been a dull and uninteresting market for Straits
i ltnmnn ^ r,lr>nhaT?.-be8Q without important changes, closing
at 13 05@l3-10c. For ingot copper there has continued a dull
market, but prices have held steady, closing at 9-75@9 85c.
lor Lake. L“ad has advanced a trifle and the close was
steady at 3 -0 2 '.^ 3 -05c. for domestic. Spelter has continued
neglected and price was quoted nominally at 4c. Pig iron
has been without change at $11 75@$13 50 for domestic
Refined petroleum ha3 further declined, closing at 7-50c in
bbls., 5c. in bulk and 8-40c. in cases; crude in bbls has
been nominal; naphtha unchanged at 8-25c. Crude certifi^ f n ha8e b,^ e a s ie r , posing at $1 37^ bid. Soffits turpentine nas declined, and the close was weak at 31@31^c. R *s*
ms have been dull and unchanged, closing at $1 60@ $1
for
common and good strained. Wool has been less active but
i*ave held firm. Hops have been in slow demand and

Tot’ls this week 13,332 18,278 24,358 18,872 17,054 20,501 112,395

The following shows the week’s total receipts, the total sinoe
Sept. I, 1895, and the stock to night, compared w ithl ist year.
Jan.

24.

|
1

1895-96.
T h is
W eek .

1894-95.

S in c e S ep

1, 1895,

S to c k .

S in c e Sep

T h is
W eek.

1, 1894.

Galveston... 18,033 745,067 43,830 1,401,873 113,381 200,915
Tex. C.,<fcc. 3,126
642
75,458
15,308
46,678
New Orleans 40,526 1,307,828 76,007 1,911,031 372,864 376,893
Mobile........
6,247 154,125 11.106 189,994
37,211
40,042
19,911
Florida.......
95
286
17,195
Savannah... 10,903 563,222 21,407 755,061
88,070
84,563
Br’ wick, &c 1,014
90,526 4,893 124,023
2,817
5,119
Charleston..
225,577
12,897
346,250
4,237
50,296
58,708
41,473
P. Royal,&e
5,838 101,606
Wilmington.
3,396 144,050 4,015 212.373
12,902
11,533
Wash’n,&c.
121
10
706
861
Norfolk....... 9,325 227,260 10,144 366,189
56,492
51,685
West Point..
360 135,030 4,058 229,366
7,597
14,096
12,623
N’p’ t N., «fec
738
31,114
1,632
713
2,836
34,799 6,201
New York...
92,620 193,179 146,384
6,667
Boston.........
75,399 1,794
5,802
42,678
35,000
36,000
28,392 2,438
Baltimore...
1,273
73,659
19,416
22,055
25,724 1,690
Pkiladel.,&c.
603
75,959
10,485
11,690
Totals...... 112,39513,912,220 213,02616,018,530 1,011,82411,067,395

In order th it comparison may be made with other years, we
give below the totals at leading ports for six seasons.
R e c e ip ts a t—

Galves’n &c,
New Orleans
Mobile.......
Savannah...
Chas’ton, &c
Wilm’ton,&c
Norfolk......
W. Point, <fce.
A.11 others...

1896. | 1895.

1894

21,209
40,526
6,247 j
10,908
4,237
3,406
9,325
1,073
15,464

20,028
53,873
6,804
29,79
7,9 6;
2 ,39 ;
11,379
8,25‘
13,87(

49,472
76,007
11,106
21,407
18,735
4,057
10,144
4,796
17,302

| 1893. | 1892.
19,652
31,801
1,171
5,929
1,204
332
4,611
766
6,303

23,231
51,158
2,926
14,607
4,961
1,858
5,743
4,572
21,55 L

1891.
20,489
67,634
9,357
26,461
12,496
4,077
24,486
13,269
16,834

Tot. this wk. 112,395 213,026 154,35-

71,769 | 130,607 195,103
Since Sept. 1 3912,220'6018,530.4797,04413980,908! 5427,540 5261,659

The exports for the wean en ling this evening reach a total
of 138,463 bales, of which 31,586 were to Great Britain. 4,698
to France and 82,179 to the rest of the Continent. Below are
the exports for the week and since September l, 1895.
E x p o r ts
fro m —

G a lv e s to n .......
T e x . City, & c..
New O rleans..
M obile & P en .
Savannah .......
Brunsw ick.......
C h a r le s to n * ...
W ilm in g t o n ...

W e e k E n d in g J a n . 24. 1890.
E x p o rte d t o —
G re a t
B r i t ' 11. F ra n ce

27,509

3,589

C on ti­
n e n t.

T ot a
W eek .

13,242 13.242
2,209
2,269
19,583 50,744
7,528
7,528
9,450
9,450

From S ep t 1, 1895, t o J a n . 24, 1890.
E xp orted to —
G re a t
B r ita in . F r a n ce

286,422 79,010
17.520
2,550
372,772 221,131
40,363
35,386 20,349
37,380
02,543
28,231
1,770
20 405
9,930
6,32-d
140,932 14,930
121.183
38,126
950
1,074

C on ti­
n e n t.

120,54 <
24,360
302,910
22,590
190,055
15,195
115,274
90,708
4,323

Total.
480,583
44,933
890,822
68,953
251,790
52,581
177,817
12 >,709
21,788
9,930
0,323
282,047
122,892
73,040
15,531

2,9 J9

17,164
1,100

W est P o in t ....
N ’ p’t News, &c
New Y o r k .......
B oston ..............
B altim ore........
P h lladelp’a.&c

918
14,532
4.«>oe
1,291
800

91°.
1,10 j 11,203 20,846
235
4,301
400
1,694
300

T o t a l.............

51,586

i.oy?'

82,179 138,4 '3 1,225,502 347.296 1,002,490 2.035,348

T otal. 1894-95. 177,752 24.290
* In clu din g P o rt R oyai.

01,779 2 <3,827 2,273,593 583,085 1,697.420 4,457,704

17,104
4,009

120,185
1,709
34,570
13,557

THE CHRONICLE

JANUARY 25, 1896, j

In addition to above exports, our telegrams to -night also
give us the follow ing amounts of cotton on shipboard, not
oleared, at tne ports named.
We add s im ila r figures for
New Y o rk, w hich are prepared for our special use b y Messrs.
Lam bert & Barrows, Produce Exch an ge B u ild in g .

189

T h e S a l e s a n d P r ic e s o f F u t u r e s at N ew Y o r k are
shown by the follow ing comprehensive table.

ON SHIPBOARD, NOT CLEARED FOR—
J a n , 24 at—

Creat

O ther
B rita in . J'ranee. F oreig n

L ea v in g
Stock.

Coast*
wise.

Total.

1,000
5,596
2,000
450
None.
7,500
None.
None.

47.000
36,307
9.000
15,350
8.000
18, *00
18,600
42.000

325,S64
77,074
75,563
34,446
29,211
37,992
174,579
01,838

New-Orleans...
Galveston........
Savannah........
Charleston___
Mobile_______
Norfolk...........
New York.......
Other ports___

21,000
19,652
None.
None.
7,000
8,500
7,800
25,000

0,000
3,320
None.
None,
None.
None.
450
None.

Total 1896...

88,952

9,770 79,989 16,546 195,257

816,567

Total 1 8 9 5 - 116,385 22,037 100,816 12,122 251.360
Total 1894... 111.257 23,236 75,502 10,689 220,704

816,035
901,053

19.000
7,739
7.000
15,400
1.000
2,500
10,350
17.000

Speculation in cotton for future delivery at this market has
made little progress during the week. The ru lin g values are
considered too low for “short'’ selling, and m a n y previous
ventures were covered; but there was an absence of sufficient
confidence to induce much inves ing demand. The Saturday's
deal was sm all and unim portant, with slig h tly fluctuating
rates, closing w ith no special advantage to either buyer or
seller, Monday opened with a slightly weak tone and 2 points
loss, but with some spot sales to exporters and s lig h ly firmer
news from abroad there came reaction, w ith 5-36 points
net gain for the day. Tu esd ays m arket opened strong,
and fin ally closed at a net advance of 10 pointsThe demand was p rin cip a lly for covering and stim ulated by
bullish reports from England regarding prospective consum p­
tion. On Wednesday theeable advices proved disappointing,
under w hich our market reacted 5t§8 points, but yesterday
the shorts again became nervous in view of lig h t offerings I
for near positions and in covering raised prices 9 -10 points. !
To-day the tone has been unsettled, fin a lly closing at a
decline under unfavorable advices from abroad, Cotton on ;
the spot ha* sold with more freedom and closes at S3- 18c. for j
m iddlin g uplands.
The total sales for forward delivery for the week are 748 800 :
bales. Fo r immediate delivery the total sale* foot up this week I
8,704 bales, inclu d in g tf,38G for export, 1,944 for consumption j
— for speculation and 400 on contract. Th e follow ing ar*
the official quotations for each d ay of the past w e e k Jan uary 18 to Jan uary 24.
Rates on and off m iddling, as established Nov. 22, 1898,
and revised Dec. 11,18 8 $, by the Revision Com m ittee at w hich
grades other than m iddling m ay be delivered on contract:
Fair...... . ..................... 0. t
on. i Good Ordinary...... ,..,c, X
nfl 1
Middling fair............. .
on Good Middling Tinned... Bren i
.....
-- -. : ■:
ai . . ; ': . ; ;
8w 4 Mlddltbtr....... ...... -hs on. Middling .stained______
-- ml
Strict Lew Middling......
off.! Stride Low 5U4. Stained..
off !
tow Middling.....;....... - off. bow Middling Stained.... iq, off i
Strict (food Ordinary...... n ,o t . i
On this basis the prices for a few of the guides would be a> !
follows.
UPLANDS.

MslU

Good Ordinary..................... .
Low Middling............................
Middling...... . ............................
Good Middling................. .......
Middling F a ir .......................
GULF.

W ed
7»,«

p i* - &

Th,

*GI

7»-« 75 «
7G,* 7=6,, 71* if
|*i# 8 b . 8 ‘ ,*
8%
8%
9 ‘ t* Oh, 9

«*<»
§§-%
9L*

93.*

Sat,

.non Tne* W e4 T il.

Fr

71,#
She

"l,
&•
s4*
95,,

7» t%
S%«:
8-t
8%
97 6

Good Ordioary...............
Low Middling...........................
Middling..................................
Good Middlin','........ ............... .
Middling fair............................

8%
95#

STAINED.

Hmt*

Dow Middling....,..... ...............
MSddlln*................................... .
Strict Middtlm?-.-.............. .
Hood Middling T m m ‘A .......

Won

8*,«
STs
917#

~v u

i>
8*1*
3*#
31,«

7»t*
m *

S»,4

If'oil f n e * W ed T h .

a ft* o|5i* 7»,«
71*,«
i *’ *> 7=1,
8*|# S3,* 85,,

Krl

7
X1* i«
S5,*

7 iUx
TWt#
9«’,«

&

MARKET AND SALES,

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the follow ing
statement. Fo r the convenience of the reader we also add
a colum n w hich shows at a glance how the m arket closed on
same days.
8At.es o r sror
CLOSED.

Erp o rt.

Sat’d a y . Quiet
Monday, qai®6 A
Tuesday
Wed-day S S S ™ ::
ThnFd’y Steady ..............
Friday.. Ctaiet................
Total

1,746
2,61-4
2,000
8,360

and contract .

Con- >Spec- Oonmmp. utl'n IraeJ.
16-1
791
334
289
269
97
1.944

Total.

164
2,737
33-1
200 3,103
2,269
97

200

....

400 8.704

1
F u tu res.

I W For exchanges see page 144.

of Cotton to-night, as made up by cable
and telegraph is as follows, The Continental stocks, as w ell as
those for Great B rita in and the afloat are this week’s returns
and consequently a ll the European figures are brought down
to Thursday evening. B ut to make the totals the complete
figures for to-night (Jan. 34), we add the item of exports from,
748,800 the United States, in clu d in g in it the exports of F rid a y only;.

57,500
101,900
179300
129,100
137,200
143,300

T he V isible Su pply

THE CHRONICLE,

190

1996.
1895.
1894.
1893.
Stock at Liverpool...... bales. 1,111,000 1,471.0001»561,000 1*644,000
8 look at Loudon............................ 5,000 ___6.000
7,000
4,000
Total Great Britain stock. 1,110,000 1,477.000 1,568.000 1,648,000
2,500
Btoek at Hamburg................
23,000
20,000 20,000
Stock at Bremen.
276.000 273.000 203.000 192.000
17.000
Stock at Amsterdam............
8,000
10,000 16,000
300
Stock at Rotterdam..............
200
,200
7.000
Stock at Antworp..................
17,000
12.000
396.000
Stock at Havre. ................... 307,000 470,000 426,000
7.000
Stock at Marseilles................
6,000
5,000
0,000
78.000
Stock at Barcelona...............
68,000
72,000 56,000
7.000
Stock at Genoa......................
48,000
20,000 i^.OOO
8.000
Stock at Trieste.....................
16,000
17,000 20,000
Total Continental stocks.. 709,200 917,200 773,200 714,800
Total European Rtocks.... 1,885,200 2,394,200 2,341,200 2,36-,800
India cotton afloat for Europe
101,000 24,000
?j»600 7/,000
Amer.cotton afloat for Europe
379,000 808,000 55o,000 316,000
Kirypt. Brarll, Ac. ,afl Lfor E' pc
44,000 46,000
000 34,000
Stock In United States ports . 1,011,824 1,067,395 1,121,762 l»9??'iort
Btosk In U. 9. Interior towns.. 533,688 507,480 420,147 444,9-0
United States exports to-day.
19,604
49,913
12,792
697
Total visible supply.........3,077,216 4.896,988 4.604,901 4,324,268
Of the above, totals of American and other descriptions are as follows:
A mcrican—

Liverpool stock............bales- 918,000 1,328,000 1,304,000 1,416,000
Continental stocks................ 693,000 816,000 670,000 621,000
American afloat for Europe.. 379,000 808,000 555,000 316,000
United States stock............... 1,011,824 1,067,395 1,121,762 1,089,lo t
United States Interior stocks. 533,688 507,480 420,147 444,920
United States exports to day.
19,504
49,913
12,792
397
Total American .......... . 3,555,016 4,576,788 4,083,701 3,887,468
East Indian, Brazil, dc.—
Liverpool stock.................... 193,000 143,000 257,000 228,000
4,000
7,000
6,000
London stock.........................
5,000
93,800
Continental stocks................
76,200 101,200 103,200
77.000
97.000
India afloat for Europe......... 104,000
24.000
34.000
57.000
46.000
44,000
EfeTPt, Brazil, <fcc., afloat......
___________
.....,
______
320,200 521,200 436,800
m
Total
East Tndia,, ............
<fcc....... 422,200
Total American.............. 3,555,016 4,576,788 4,083,701 3,887,468
Total visible supply....... 3,977,216 4,896,988 4,604,901 4,324,268
5 ^d.
4 lid.
Middling Upland, Liverpool..
4i932d.
3d.
91*20.
Middling Uplifnd, New York.
5U1|C.
85|fiC.
8116c<
534d.
5516d.
Egypt Good Brown, Liverpool
45ftd.
6*4d.
63id.
5iB16d.
Peruv.Rough Good, Liverpool
6?i6d.
53gd.
4»iftd.
3316d.
Broach Fine, Liverpool.........
451Ad.
Tinnevelly Good, Liverpool
43sd.
5571&
33„d.
4*4d.

Q uotations

fob

[ VOL. LXII.
Middling C otton

O ther M a rk ets . —

at

Below are closing quotations of middling cotton at Soutlurn
and other principal cotton markets for eaoh day o f the week,
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
Jan.

21

Galveston..
New Orleans
Mobile.......
SavanuaU...
Charleston..
Wilmington.
Norfolk......
Boston.......
Baltimore. .
Philadelphia
Augusta......
Memphis__
St. Louis__
Houston__
Cincinnati..
Louisville...

W ed n es.

T u es.

M on.

S a tu r .

713le
713,6
713,6
7l8ie
734
73i
711,6
711,6
711,6
__,H ....
734
77g
83,6
83,8
84
84
87,e
8t,0
7%
74
713,6
713,6
713,6
713,6
713,6
77a
77s
778
77s

T h u r8 .

77a
715,0
74
7h ,6
714*4
7ai
77s
83,6
84
8»,6
7131S
Zf!10
7 .0
7>3,a
77a
77a

F r i.

8
8
778
74
734
778
8
8’ 16
84

8
8
713,6
734
74
T8
8
83,6
84
89,0
8
713,6
7 3,6
713,6
8
77e

715,6
'|?i»
713,6
74

74
734

7.-°™

85-6
84
8»l«
7i°ia
778
7Ta
778

8
778
715,6
8
8
778

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
Newberry......
Atlanta.......... 711,6 Little Rook—
73a
Montgomery... 74
Raleigh.........
74
Columbus, Ga. 74
Selma.............
7=8
Nashville........ 74
Columbus, Miss 7%
73,
Eufaula........... 711,6 Natchez.......... 713,6 Shreveport__
R eceipts from the P lantation s .— The following table

indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through theoutports.
R e c e ip ts a t th e P o r t s .
E n d in Q —

D ec.
“
Jan.
“
“
“

S t'k a t I n t e r i o r T ow n s

R e c 'p t s f r o m P la n V n s .

1A93 94' 1894-95 j1895-96 1893-94 1894-95 1895-9011893-94 1894-95 1895-96

20.......
27.......
3 .......
10 .......
17.......
24.......

201,9751359,698 222,783
260,140 312,797'223,949
190,702'251,854 176,324
134,813 207,746 135,322
159,917 209,803'119,837
154.352 213.026 112,395

486,159
492,430
481,977
451,121
432,721
420,147

568,829
609,004
600,956
568,651
530,024
507,480

585,332 309,168
596,822,266,411
583,663,180,249
505.4101103,957
552,608 141,517
533,688'141,778

426,921
352,972
243,806
175,441
171,179
190,482

251,743
235,439
163,165
117,069
107,035
93,475

C ^-T he imports into Continental ports the past week have
been 155,000 bales.
The above figures indicate a decrease in the cotton in sight
The above statement shows: 1.—That the total receipts
to-night of 919,772 bales as compared with the same date from the plantations since Sept. 1,1895, are 4,413,208 bales; in
of 1895, a falling off of 627,685 bales from the corresponding 1894-95 were 6,468,675 bales; in 1893-94 were 5,141,025 bales.
date of 1894 and a decrease of 317,052 bales from 1893.
2.—That although the receipts at the outports the past week
A t the I nterior T owns the movement—that is the receipts were 112,395 bales, the actual movement from plantations was
for the week and since September 1, the shipments for the only 93,475 bales, the balance being taken from the stocks at
week and the stocks to-night, and the same items for the the interior towns. Last year the receipts from the plantations
corresponding period of 1894-95—is set out in detail below.
for the week were 190,482 bales and for 1894 they were
141,778 bales.
Overland Movement

for the

W eek

and

Since Se p t . 1.—

We give below a statement showing the overland movement
fo. ill ->week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m "our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Jan. 24
and since Sept. 1 in the last two years are as follows.
1895*96.
<5•
^<;
ft
o0<
to1CwC c:rf,Qocsif.M
m
» OUv
mwcowwowMCi
o)CO « ~
-10<
® lo Cl -* O 0
CCO M C5O 0
4c-3
0»I-1Z H*C i MCD©com
*-j«J
0
tv1*—

:

‘2® %. © ?

x ^

c-. x i*.

to o © a

a» & © x

S in c e

rz r. *

jSrepLl,,95.

^ ~ “ 7*©^ ^ ^ ^ ^ £ C*»£»•tS£0tCS<1
©
y
p co tc C
iai
7? V*7—11©© 0D<JO*Oi©laW^OOQCCOCC^®©©’m'cj'tOOOOOCi

J a n u a ry

W eek.

f
Co

“*w wwo'iom'o ata»o'© --*010 § 2
coco a*H . —S ft ¥ f;©00*"*M ►
: c o kv©' ©AXC7>OOC7t300CC'tOiQtC>(nuaHGOHH‘TOatcc»^
OC-)
V:
<1M1C— h-i to
®
©ce©©co©»oh ©<Uv©©a-ouo©c
2 X?S3H“ 5°S » ©©h <iwwV ^V wccmoV h ^
to a
oatatct
C5OCOOOC«iO*-^0OC5atM^*^OCC-qC0<JC5OC.
f.

S S.

SDT-f‘lals
P
HHS
tc
H
~“
*•? 03® « os'c''oV h » o CO0>1C-1SihV o h h*9>o>cols CO

g?
owooca-ico,-. 4 »
poo^ooo
©*©^»cs*a«»o»©fc8WM;*»aD5©5©©55tt©5S©3o £

. , . „ , w
--i -i •- *. »o-aj o cj at m

W05O O "•K-<|
osm mV ooT^Vjo © w «c o Vcs'

S h ip p e d —

Via St. Louis............
Via Cairo...................
Via Parker City.........
Via Evansville..........
Via Louisville...........
Via Cincinnati..........
Via other routes, &c..

8,495
4,635
109
1,917
1,597
1,593

S in c e
S ep t. 1.

1894-95.
W eek.

372,429 26,770
174,523 9,610
400
12,560
45
95,311 6,518
55,859 4,011
57,834 2,668

S in c e
S ep t. 1.

643,665
242,966
20,630
2,414
126,265
116,131
100,322

Total gross overland............

18,346

768,561 49,977 1,252,393

Overland to N. Y., Boston, &o.
Between inteiior towns..........
Inland, &o., from South..........

14,355
13
679

164,314 12,123
2,402
603
28,371 1,512

284,916
16,038
45,081

15,047 195,087 14,233
Leaving total net overland*.
3,299 573,474 35,739
* Including movement by rail to Canada.

346,035

Deduct shipments—

Total to be deducted............

906,358

The foregoing shows that the week’s net overland movement
this year has been 8,299 bales, against 35,789 bales for the
week in 1895, and that for the season to date the aggregate net
overland exhibits a falling off from a year ago of 332,884 bales.

—X^wOOM^QvT^Qtf.OC0C;iCJ0.C00;ClCJUC!rf*tClC00CCJ!^.lu,00

to10 a
-qatiiSti-ocjw
o ’wciV-vH-iCiooc*:'
w<j© w
^ ^ ^ ^ 5° ® ^ ^*3^ ^©'boh4Ciw
•“•a,»oi3a»ie>^JO*-'jtOwwatoatoo^j--i©CDot5MQokOQOtf*.oo-‘j
•vlh
M
^
HUIOM H M
©

24

In

52

1895-96.
S ig h t a n d S p in n e r s ’
T a k in g s .

W eek.

S in c e
S ep t. 1.

1894-95.
W ee k .

S in c e
S ep t. 1.

112,395 3,912,220 213,026 6,018,530
Receipts at ports to Jau. 24 ..
Net overland to Jan. 2 4 .........
3,299 573,474 35,739 906,358
Southern consumption to Jan. 24 20,000 424,000 15,000 376,000

P|
to pjj

»^ ^t-*atra«
3 9J=r?^9'ir!r*i771©oc;,'^©kO
'tk>-*<»Qooc^t^o>
t-3-iO
o OQOOcn©c*aoaqtcipcnl£caoococi
tz c at at r>
* Louisville figures “ net” In both years,
t Tills year’s figures estimated.
I Last year's figures are for Columbia, 8. C.
§ Stock eorreeted.
The above totals show that the interior stocks have decreased
during the week 18,920 bales and are now 26,248 bales m ore
than at same period last year. The receipts at all the towns
have been 84,701 bales less than same week last year and since
Sept. 1 are 1,627,771 biles less than for same time in 1894-95.

Total marketed.........
Interior stocks in excess

135,694 4,909,694 263,765 7,300,888
* 18,920 500,988 *22,544 450,145

Came into sight during week. 116,774
241,221
Total in sight Jan. 24............
5,410*,682
7,751,033
North’n spinnerstak’gs to Jan. 24 14,230 1,104,721 47,203 1,558,936
* Decrease during week.

It will be seen by the above that there has come into sight
during the week 116,774 bales, against 241,221 bales for the
same week of 1895, and that the decrease in amount in sight
to-night as compared with last year is 2,340,351 bales.

J a n u a r y ?5, 1896.]

TH E

C H R 0N 1

W e a t h e r R e p o r t s b y T e l e g r a p h .—Ou r telegraphic ad
vices this evening from the South denote that the movement
of the crop has been interfered w ith by unfavorable weather,
the ra in fa ll h iv in g been rather heavy at some points. In
Texas, however, the precipitation has been very lig h t, and
farm ers generally are m aking preparations for p lanting spring
crops. Our Montgomery correspondent reports an increased
demand for fertilizers,
Galveston , T exas.—Farm ers generally are m aking p rep ara­
tions for planting spring crops. R ain ha3 fallen on two days
of the week to the extent c f three hundredths of an inch.
The thermometer haa averaged 56, the highest being 07 and
the lowest 46.
Palestine, Texas.— W e have had one shower the past
week, the precipitation reaching six hundredths of an inch.
The thermometer has averaged 55, ranging from 38 to 72.
Huntsville, Texas .—There has been one shower d u rin g the
week, the precipitation being three hundredths of an inch.
The thermometer has ranged from 40 to 60, averaging 50.
Dallas, Texas .—W inter cereals are doing w ell. W e have
had lig h t rain on two davs of the week, the ra in fa ll reaching
three hundredths of an inch. Average thermometer 51, high­
est 64, lo west 38.
San A ntonio, Tex as.—Some plowing is going on where
ground permits of it. It has rained lig h tly on two days of
tne week to the extent of fifteen hundredths of an inch. Toe
thermometer has averaged 62, the highest bt iog 80 and the
lowest 44.
Ruling, Texas.—The ground is too wet for plowing. Sm all
grains and winter grass are doing well. There has been lig ht
rain < n two days of the week, the precipitation being ten
hundredths of an inch. The thermometer has averaged 60,
ranging from 44 to 76.
C t a t . Texas .—R ain has fallen lig htly on one day of the
week, to the extent of two hundredths of an inch. The thermomi ter has ranged from 44 to 74, averaging 00.
Fort Worth, Texas.— W e have had lig ht rain on one day of
the past week, to the extent of one hundredth of an inch. A v ­
erage thermometer 3 1, highest 86, lowest 36.
Brenham, Texas,—There has been lig ht rain on two days of
the week, the precipitation reaching -ix hundredths of an
inch. Th e thermometer haa averaged 58, the highest being 71
and ihe lowest 42.
Belton. Texas.—W e have had rain on two days of the week,
the precipitation reaching two hundredths of an inch. The
thermometer haa averaged 53, ranging from 39 to 68.
Weatherford, Texas .—Ground is too wet for plowing.
There has been rain on two days d u rin g the week, the rain ­
fa ll being four hundredths of an it eh, The thermometer has
ranged from 38 to 65. averaging 52.
Columbia , Texas.— SVe have had only a trace of rain d u r­
ing the week. Average thermometer 3l>, highest 74, lowest 44.
New Orleans. Louisiana.—Telegram not received.
Shreveport, Louisiana.—W e have had rain on four days of
the week, the precipitation reaching fifty-seven hundredths
of an inch. The thermometer has averaged 48, ranging from
39 to 59.
Columbus, Mississippi.— It has rained on six days of the
week, the rain fall teaching one inch and ten hundredths,
The thermometer has ranged from 34 to 70, averaging 50,
Letawl, Mississippi.—There haa been ruin during the week,
the precipitation reaching arm inch and ten hundredths,
Average thermometer 46 6, highest 59 and lowest 88,
Vicksburg, Mississippi.—There has been rain on three day*
of the week to the extent of one inch and nirietv-one hun­
dredths, The thermometer has averaged 49, the highest be­
ing 66 and the lowest 39,
Little Rode, Arkansas .—The week's rain fall has been
eighty-five hundredths of an inch on four days. Th e ther­
mometer has averaged 44, ra n tin g from 32 to 51.
Helena, Arkansas.— R ain has fallen lig h tly on five days of
the week, the precipitation being one inch and th irty tcven
hundredths. The thermometer has ranged from 31 to 50.
averaging 44 4.
Memphis, Tennessee, —The had weather has delayed m ar­
keting. There has been ram on six days during the week,
the precipitation reaching one inch and fifty six hundredths.
Average thermometer 4V4, highest 55-8 and lowest 87,
Mobile, Alabama .—Sales of fertilizers are large. The week's
ra in fa ll reached sixty-four hundredths of an inch on two
days. The thermometer has averaged 54, ranging from 40
to 71.
Montgomery, Alabama,— Roads are in a bad condition. Sales
of fertilizer tags are reported to show a la rg e increase w hich,
it is claimed, indicates a considerable addition to the cotton
acreage. Rain has fallen on three days of the week to the ex­
tent of three inches and six ty-o re hundredths. The ther­
mometer has ranged from 45 to 55, averaging .50.
Selma, Alabama .—There has been rain on five days of the
week, the precipitation reaching four inches and fifty eight
hundredths. Average thermometer 46, highest 59, lowest 34.
Madison, Florida,— It has rained on four days during the
week, with ra in fa ll to the extent of two itches and twenty
hundredths. The thermometer has averaged 48, the highest
being 54 and the lowest 85.
Columbus, Georgia . —There has been rain on three days
during the week to the extent of two inches and sixty-three
hundredths. The thermometer has averaged 47, ranging from
36 to 54,

191

E.

Savannah, Georgia .—W e have had rain on four days of
the week to the extentjof one inch and th irty-five hundredths.
The thermometer has ranged from 40 to 65, averaging 51,
A u g u sta , G eorgia .— T h e week’s ra in fa ll has been one in ch
aud fifteen hundredths on three days. Average thermometer
49, highest 62 and lowest 34.
Charleston, South C arolina .—There has been ra in on four
days during the week to the extent of two inches and six
hundredths, the thermometer has averaged 51, the highest
being 63 and the lowest 43.
Stateburg, South Carolina .—W e have had rain on three
days during the week, the precipitation reaching one in ch
an3 fifty-five hundredths. The thermometer has averaged
48-3, ran gin g from 39 to 60,
Greenivood, South Carolina .—R a in has fallen on two d ays
of the week, to the extent of one in ch and sixty-seven h u n ­
dredths. The thermometer has ranged from 23 to 53, aver­
aging 37.
Wilson, North Carolina ,—I t has rained on two days of the
week, the rain fall reachi -g three inches and tw enty two h u n ­
dredths. Average thermometer 47, highest 63, lowest 34.
I n d ia C o t t o s Mo v e m e n t F rom a l l P o r t s .—T he receipts
and shipments of cotton at Bom bay have been as follows for
the week and year, bringing the figures down to Jan . 23,
BOMBAY RECEIPTS t VO HBIPMKNTS FOR FOOTS TK , H*.

Shipments this week. Shipments s nee. Sept. 1.
G nat
Conti_ . ,
rear; Gnat Conti­
TntaX,
Brifn nent. Total. Britain iient.

•05-6 2,OOP! -A... 2.000 14.000 181,000

sm s
.... r . m i,ooo 1.000 10.000
•93-4 3,000 27,000 30,000 13.000 179.000
_____________
___ • 8,000; 8,000 133.000
....... 8.00
•92-3

Receipts*
This
Since
Week. Sept. X.

109.000 61,000
11.000 11,000
192.000 67.000
103,00014-1,000)

711,000
253,000
-1 12.000
379.000

According to the foregoing Bom bay appears to show
an mere use compared w ith last year in the week's receipts of
23,000 bales and an m ere iv ia shipm ents of 1,00 * bales, and
the shipments since Sept. I show au in crease of 157,000 bales.
The movement at C alcu tta, Ma Iras and other In d ia ports fo r
the last report*! week and since the 1st of September, fo rtw o
yeats, has been ns follows. " Other p orts-’ cover C e ylo n ,
Tutioorin, Kurraehee and Coconada.
S hipm en ts sin c e Sept. i.

S hipm ent* f o r the. meek.

■ Great

rumt

B ritain

Ua.i.-ntU-189 -90...
1894-05...
M . Inwi—
189*1-90.
1891-95...
AH other*—
180S-96...
1891-95...
Total all—
189S-DO..
1894-95.

Great
Britain,. C o n tin en t

Conti-

, Total

Total.

1,000

2,000
........

2,000
1.000

5.000
5.000

93)00
7*000

14.000
13.000

1,000

........

1,000

17,000
13.000

14.000
10 000

31.000
23.000

1,000

........ i

1,000

19.000
12.000

27.000
21.000

481000
39.000

2.000
1.000

2,000
........ ;

4.000
i.ooo

41,000
30,000

50,000
-11,000

91.000
71,000

Tne above totals for the week show that the movement from
the ports other than Bom bay Is 3,0)0 b ile s more than the sum s
week last year. Fo r the whole of In d ia, therefore, the total
shipments since September l, 1805, a a l for the correspoa lin g
periods of the two previous years, are as follows.
EXPORTS TO EUROPE FROM ALL INDIA.

Shipments
to a ll Burope
from—

1091-95.

1895-90.
This | mn.ee,
week. : &ep£ 1.

Thin

1893-91.

Since
Sept. 1.

week.

Thin
week.

Since

S ep t 1.

Bombay.........
All other port*

2.000 198.000 1,000
11 00 30,000 192,000
71,000
79,000
1.000 91,000 1,000
6,000 289.000 2.000 112,000 30,000 270,000
Total .
A lexandria Receipt-* \nd S hipments.— Through arran ge­
ments we have made w ith Messrs. Davies, Beav.hi & Co., of
Liverpool and A lexandria, we now receive a weekly cable o f
the movements of cotton a t A lexan d ria, Egypt. Th e follow ing
are the receipts and shipments for the past weak a n 1 for the
corresponding week of the previous two years.
A lex a n d ria , Kmtpl,
J a n u a ry 22.

Kisoelpta (canters*)
This n o
Blnoe Sept. 1

1894-95.

1803-96.
113,000
4 183.000

195,000
3.103,000
This j Since
meek. \Sept. 1,

This
Since
K eek. Sept, 1.

Exports (bates)—

1893-94.

210,000

3,2 11,000

This
Si.nce
week. Sept. 1.

i.[

7,000 231,000 17,
To Liverpool .......
To Contineutl........ 10,000 130,000

170.000 1 1 / 0 0 192,000

181.000

7,000 133,000

i— ---.!--------- !-------- T—------- — — ------------

Total Europe.. „ 17,000 111,000 ,25.000 300,000 18,000 330,000
*~A canter is 99 pounds.
f or which to America in 1395 90,35,000 bates; la 1894-03, 22,929
bales; In 1893-91, 7,907 bates.

T h is statement shows th at the receipts for the week ending
Jan. 23 were 115,(00 cantars and the shipm ents to a ll Europe
17,000 bales.
Manchester Market.—Our report received by cable to nigh b
from Manchester slates that the m arket re .-beady for both
yarns and shirtings. The demand for both home trade and
foreign m arkets is poor. We give the prices for to-day below
and leave t l ose for previous weeks of this and last year for
com parison:

THE CHRONICLE

192
32s

C op.

T w is t.

,8*4 tbs. S h irtA C otC n 32s Cop. 8 >4 lbs. Shirt­ CotVn agers of the Cotton Exchange will submit certain proposed amend
ings, common Mid. !
'in a s , common Slid. I
JJpldt- 1ments to the by-laws of the Exchange, providing for the estab ishmsnt
lo finest.
I
to f i n e s t .
I U p ld it ' Twist.

97%d.;S.l <1. a. d.
.< 27 61i„977lal 5 ao
„ 6\ ®7>a
®7>a1l 5*a®6
Jan... 3
5 96
106^4
17 0«8b ®7%
24'6°
®73a4I 4»s®6
4<6®6 7>3
7ki
Do. 20

A C o t t o n C l e a r i n g H o u s e . —A t a meeting of the members of the
Now York Cotton Exchange to bo held on Monday, Jan. 27, the man­

1891-95.

1805-06.

d.

OM

<1.
d. B. d. 8.
4 1
5*4 d>6
4>a 5 't0a>57e *1 OVS-O
4*9 5*8 ®5< q. 4 0 ®6
419, 5*8 ® 5'6,0 4
4*6 5 ®.r»lsi6 4 0 3-6
3 11L3®6
4 9.

d.
41.

(i.
3*,
3‘ iu
3>:ii
31,6
3*1,
3

*L
1^
I
0
1
1
1

have received
S ea. I sland Cotton
(Friday) evening by telegraph from the various poi ts tl e
details’ of the Sea Island cotton movement for the week. Tt e
receipts for the week ending to-night (January 24) and since
Sept. 1, 1895, the stocks to-night, and the same items for tb<
corresponding periods of 1894-95, are as follows.
1895-96.
R e c e ip ts to J a n .

24.

1894-95.
S in c e
8 ep t. 1.

T h is
T h is
S in c e
w e e k . B epl. 1. w e e k .

8 to es

18f 6

1895.

1,564 67,124 1,313 60,21-1 17,903 11,184
106 5,040 2,505 1,486
160 9,425
922 1,036
4,393
95 4,575
1,819 81,124 1,419 69,647 21,330 13,709

S a v a n n a h .......... . .

Charleston, Ac..
Florida, Ao-------Total.....................

m e exports iur lUC vvcfh tjuuiug imo cvcuiug ‘ oacu « ww..
•f 727 bales, of whioh 640 bales were to Great Britain. 87
to France and — to Reval, and the amount forwarded <
Northern mills has been 598 bales. Below are the export>
for the week and since September 1 in 1895-96 and 1894-95.
W eek E n d in g J a n . 24.
E x p o r ts
fro m —

[ v OL. LX1I.

S in c e S ept.

1, 1895.

G r ea t F r ’ n ce
O r ea t F r 'n c e
T o ta l. B r i t ’ n.
dtC.
B r il’ n.
die.

Total.

N o rth ’ n

\1<

d in e
W eek. S ep t.)

of a oleariug house for balances. The plan differs but little from tliat
submitted about two years ago, except that provision is made for
Saturday clearings.
Under the plan proposed by the managers the Corn Exchange Bank
is named as the Clearing House Bank, and the entire oleiring machin­
ery is to be placed under the control of that hank. The batik, if the
plan be adopted by the members, will make a eharg i of 2 cents on
each item cleared and will be given an office in the Cot­
ton Exchange Building, iu which the various conveniences
to do the business expeditiously will be placed. The plan
of clearing will be in priue pie the same as that cirried on
by the Clearing House Associatian for the New York banks. In the
Cotton Exchange office there will be erected a box for every member
of the Exchange who needs one. The annual rental for each of these
boxes will be $3, which will be in addition to the charge of 2 cents for
each item cleared. The proposed change in the by-laws to provide for
a committee on clearings is as follows. Ic is proposed to add ifc as a
final paragraph to Article If of Chapter 2, Title I, of the by-laws.
Section 58C.—The Committee on Clearings shalL consist of the Presi­
dent e x - o f f i c i o and two members of the Exchange, whos^ duty shall be
to arrange with and designate some bank to clear payments arising on
settled contracts for future delivery of cottou, as provided iu Ruie 4 ;
said bank to be approver! by the Board of Managers and to be known
as the “ Clearing House Bauk.” Tt sha’l also he 'he dutv of this com­
mittee to arrange with said bank the rates of its cli irges for such
clearances, and generally to have in charge all details pertainiug to
the matter of the relation of the bauk. as a cleari ng h mse, with the
members of the Exchange. Tney shall also have power to arrange
with said bauk for fines and penalties requisite for the carrying out of
Rule 4, which said fees and fines shall be paid to the bauk as compen­
sation for its services. Disputes between the bank and members of
the Exchange in relation to such charges and fines shall be referred to
the Committee, whose decision shaU be final.

J ute B utts, B a ggin g , &c.— The market for bagging has
400 23,519
11,648 2,36G 14,014
B’vann’b, «fcc
____ ....... 2,921
13 1,127 presented no features of importance the past week. There
64 2,985
CharVt’n,<fcc
__
95 3,400 have been practically no transactions, but the close to-night
...... .......
Florida, Ac.
540
87
627 11,147 3,017 14,164
New York..
is as last reported, viz.; 3 ^ c. for
lbs., 4}^c. for 2 lbs. and
870
870
Boston.......
4J£c. for standard grades. Oar load lots of standard brands are
“ ioo
200 ::::::
100
Baltimore.. ‘ Too
Total.......

640

Total 1894-5 2,341

87

727 26,686 5,447 32,133

508 28,040

255 2,596 24,117 4,253 28,370 1,316 28,867

quoted at 3 ^ c. for \% lbs., 4}^c. for 2 lbs. and 4%c. for 234
lbs. f. o. b. at New York. Jute butts bave been entirely
aeglected, the asking prices being 1 l-16c. for paper quality
md l% c. for mixing.
Domestic E xports op Cotton M anufactures .— Through
he courtesy of Mr. W. C. Ford, Chief of the Bureau of
statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for November and for
he eleven months ended Nov. 30, 1895, with like figures for
the corresponding periods of the previous year, and give
them below:

A. considerable portion of the Sea Island cotton shipped 'o
foreign ports goes via New York, and some small amounts \ia
Boston and Baltimore. Instead o f 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
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations Jan. 24 at Savannah, for Floridas, common,
tu an tities o f M anufactures o f Cot­
12J^c.; medium fine, 14%c.; choice, 16%c.
to n (colored and uncolored)
Charleston, Carolina^, medium fine, 22 to 23c.; fine, 25c.;
exported to—
fully fine, 26c.; extra fine, 35 to 40c.
Jnited Kingdom................. yards
Jermany .............................
Cotton S u pply and Consumption in E urope .— By cable France..................................
countries in Europe—
we have received the substance of Mr. Ellison’s first o f »ther
iritlsh North Amerioa........
lexlco.................................
January cotton review, and in our editorial columns give the
entral American States and
British Honduras..............
results and some suggestions respecting them.
.‘uba............................... ....
'uerto Rico.......... .............
E xchanges .— The following exchanges have been made lanto
Domingo....................
•ther West Indies...............
during the week:
•40 pd. to exoh. 300 Nov. for Aug.
•12 pd. to exoh. 300 Mch. for J’ue.
•15 pd. to exoh. 800 Feb. for May.
•29 pd. to exoh. 600 Oot for May.
•08 pd. to exoh. 1,100 Moh.for May.
•31 pd. to exoh. 300 Oct. for May.
•07 pd. to exoh. 400 Feb. for Moh.
•04 pd. to exch. 200 Apr. for May.
■07 pd. to exoh. 800 Mch. for May.

•10 pd. to exch. 300 Feb. for Apr.
•08 pd. to exoh. 5,000 Moll.for May.
•07 pd. to exch. 700 Meh. for May.
■39 pd. to exoh. 1,000 Oct. for May.
•38 pd. to exch. 1,000 Oot. for May.
.41 pd. to exoh. 2,800 Oot. for Jilly.
•35 pd. to exoh. 500 Nov. for Moh.
■43 pd. to exoh. 100 Oct. for May.

P eruvian Cotton.—Mr. Fr. Jac. Andres, under date of
Boston, January 18, issued a circular covering the movement
of Peruvian cotton during 1895 and previous years as follows:

argentine Republic..............
trazll ...........................................
Jnited States of Colombia...
■ther countries in S. America
ihina....................................
Jrit.Posses’ns in Australasia
British India and East Indies
>ther countries in Asia and
Oceanica............................
vfrlca...................................
ither countries....................

Total yards of above..
Total values of above.,
'alue per yard...............

„
1895. 1894. 1893. 1892. 1891.
Values o f other M anu factures o)
Rough Peruvian:
Bales. Bales. Bales.. Bales. Bales.
C otton exported to—
Imports into Great Britain...29,626 31,087 82,402 66,030 29,000 United Kingdom...........................
Stock Dec. 31..........................37,250 52,500 67,000 41,000 12,500 Jermany.......................................
France..........................................
Outgoings for 1895 from Gieat Britain have been 46,036 bales, )ther countries In Europe...........
against 45,587 bales In 1894 and 56,402 bales In 1893, of whioh the Jritisb
North America.................
trade ha-taken a weekly average of 440 bales, against 500 bales in '-texlco..........................................
1894 and 155 bales in 1893. Ainorioa has taken 345 bales per week,
Central American 8tates & British
Honduras..................................
against <60 bales In 1814 and 460 bales in 1893. The Continent took
115 bales, against 114 bales in 1894 and 171 bales In 1893. Regard­ Cuba.............................................
Puerto Rico..................................
ing the future the new year starts with a stook of 37,250 bales rough Santo
Domingo............................
and moderately rough (of which 23,500 are full rough), and Other West
Indies............ .....
tlio prospect <r a light import for some time to come, so that under Argentine Republic......................
ordinary circumstances prospects seem fairly good.
Brazil............................................
United StateB of Colombia...........
|1395. 1894. 1893. 1892. 1891.
Other countries in So. America__
Smooth Peruvian:
B a le s .
Bales. Bales. Bales.
Bales China............................................
fluports into Great Britain. . 1 1,000 6,100 8,500 16,500 14,000 British Australasia.......................
and East Indies.. ..
1895. 1891. 1893. 1892.
1891. iritlsh India
countries in Asia and
Peruvian Sea Island®:
Bales.
Bales. Bates. Bales. Bales. >ther
Oceanica.....................................
Imports Into Great Britain... 3,250 1,750 2,500 3,5o0 3,000 \frlca....... ..................................

East India Crop.—The following is Messrs. Gaddum, By­
te 'll & Co.’s telegraphic report dated Bombay, January 9 :
Wo have no change to chronicle this week in the positiou here. Re­
ceipts oi Beugnls and Oomras continue on a T e e scile, and holders
are quite ready to meet buyers whenevor reas mable odors are put
forward. Ibis desiie to sell is no doubt accentuated by the fact that
cotton is already coming into the Dhollera and B<*oach markets, and
by the knowledge that cotton from both these districts will be arriv­
ing iu Bombay in fair quantities by the end o f ibis month and quite
freely during I?ebruary. All the cotton crops seem to have, done ex­
ceedingly w**ll in India this season, the plants haviug matured under
most favorable c o n d i t io n s , with the insult that the yield everywhere
is early, large and of satisfactory q u a lit y .

'ther countries....... ...................
Total value of other manufac­
tures of...............................
Vggrezate value of all cotton goods

30. 11 mos. ending Nov.BO.

M onth ending N ov

1395.
707,840
32,789
100,750
45,099
401,260
007,012

1894.
408,473
171,450
39,371
230,210
003,236

1895.
8,52-^,593
2,212.512
139,9 -6
640,1 IS
0,217,860
6,176,309

1894.
8,231,814
1.816,199
106,444
502,229
8,197.029
4,037,217

957,797
14,714
73,480
215,410
1,335,159
535,155
1,331,143
524,980
3,305,414
4,285,009
55,449
516,118

12,095,190 11,249,546
380,814
233.917
170.105
293.418
1,189,125
108,720
3,408,280
1,397,749 13,708.4.0 11,071,407
1.938,365
2.710,456
100,839
0,178,561 10,505,316 20,55 L.901
5,987,443
341,442
3.020,808
1,423,300 26.993.251 17,389,107
61>‘,000 30,007,374 47.«95,333
051,865
618.443
51,430
1,220,000 2,931,909 5,201,725

119,339
999,34w
1,400,234

749,820
1,792,250

17,614,100

980,847
9,617

1,1^4,

10.350,260
8,427,3 1
0,074,729

8,984,013
7,207.331
11,089,895

17.690.089 103,1' 5,912 180 235,607

1990,71a
$-0563

$l,U9fr,09u

$•0021

$9,093,302 $10,705,007
$•0594
$*0553

$20,476
19,709
145
4.758
104,383
29,050

$9,731
7.353
329
1,031)
89,733
14,407

$234,359
$293,100
171,198
247.100
7,475
10,050
68,941
35,071
1,882,055, 1,330,176
123,117
234,3241

8,936
4.020

12,825
4,167

7.P10
5, <91
7.78U
1,904
4.021

279
7,719
2,542
23.955
2,292
3,461
29 J
17,991

249
20i

211

14,167
541
13,590
1,157
3,184
$263,289
$1.254,007

112

4U0

14,138
932
1,852

191,0751
38,834'
5,018
3,087;
76,030 i
24,«80
63,993
23.003
45.751
55,224
92,018
3,22"

76,542
53,016
7,431
11,519
52,811
17.842
120,857
34,896
48,198
11,304
72,011
1,509

248,595
34,518
19,867

179,947
11,506
19,927

$216,203 $3,028,092 $2,016,242
$1,314.^93 $12 721 454 $13.372.022

Shipping News. —The exports of cotton from the United
States the past week, as per latest m ail returns, have reached
166,741 bales. So far as the Southern ports are concerned these
are the same exports reported by telegraph and publishe l in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.

THE CHRONICLE.

January 25, i»a2j

Total balm

NSW York —To Liverpool, per steamers Aurania, 2,133 upland
and 35 Sea Island...Georgia, 10,264 upland and 505 Sea
Island.............................................. ........................................ 12,937
To Hull, per steamer Colorado. 1,035 ................................
1,035
To Manchester, per steamer Sirius, 560. . . . . . . — . . . . .
560
ToH .vr- per steamer La Champagne, 1,023 upland and
37 8 - a Island................................................................ ......
1,109
4,129
To Bremen oer sieamers Alter. 6J1 ...WehSgft', 3,528---To Hamburg, per steamer Persia, i ,802....................... . . . . . 1,802
To Antwerp, per steamers Kensington, 1,158---- St. Cnthbert 687
............................................................................ 1,818
6U0
To Lisbon, per steamer Moonstone, 600—
To Gruoa, per steamers Kstsee lYithelm 11.1053 ...Foods2,100
....
___ —....... .
get, 1.350 ... ___ ..
To Naples, oer steamers Bargundia,148 . Kaiser Wilhelm
131
II, «4 — Fooas-et, 194..................... - ................. .........
XBW Om .Sa* s —To Liverpool, per steamers Aeanihns, 8,000
....Dictator, 4.955. Engineer, 4,106...Madriteno, 4,434
29,489
....Kothertl ld, 7,991........................ - ................... .
To Mai,oh ster. per steamer Ernesto, 5,200.......................... 5,200
Tii H»vr .per steamers Harlan, 12.565— Planet Venus,
1,000 ...santa -e. 6,4o6........................ ............ ............... 22.971
To Bremen, per steamer Freshfleld,4.265................ ... . . . 4,285
Galveston To Liverpool, per -trainers Carollua, «,902—
Gracia. 5, •#?... Loohtnore 5.40 — Maritime, 8,278—
Pauuna, 4,731
Tent u,in.3.405........................... ....... . 31,085
To Havre, per steamer Tripoli. 7.648......... ......... ................. 7 ,04,3
To Cope big n, per steamer Olat Kyrre, 154........
......
150
Texas C m -- To Liverpool, per steamers Gracia, 2,793 —
Tentonu. 2,000....................................... .........................—
5,394
BRUNSWICK— To Liverpool peramui rIm*h«w«B He»d,5,244 5,241
Fort Kotal—To Liverpool, per steamer S t. Jerome, 3,4 70.... 3,170
WtLMtsoTiJN—To Dunkirk, per bark Emma Bauer, 1.7To........ 1,770
Norvolk I'o Hiiubu a. per steamer Amalfi, 295................ ......
295
To Antwerp, per steamer Peterson. 1.- 5o ...... ....................
I,v50
Boston—To I.iverw* iL per steamer, Columbian, 767 — Kao
sas, 1,401... Michigan, 767 . .Ottoman, l,t)5« - Victorian,
9.50* in,laud and 295 Sea Island...................................... 13,792
To Yurmuiiih, per steamer Bo.too, 2 '■................................ .
225
Baltimore—To Liverpool, p e t etc uner Hureiooro, 5 0 0 .....—
560
To Krem n, per steamer Muncbeu. 3,929 .. ...............—
3,9.9
To BotroiMam. per steamer Tabasco. « 1 ■ ...... ...................
HO
To Antwerp, per steamers Belgian King, til)---- Storm
King 5 5 0 ............... .................................. ..................... .
1,900
Sas FkaxcISCo -To J >pau, per steamer China, 1,314.............
1,341
T o ta l................ ........................................................... ............. ,186.741
T h e p a rtic u la r s o f thc-w s h ip ,ite m s , a rra n g e d in o u r u su a l
fo rm , are as fo llo w s .
Ttdam . Llthem. .Vor >
H u 'l 4

H n ert

B rem en

A n tu t'p G e n o a

S ea

hi

dm*- 4 l i n n - .t Ham Copen- a m i
am i
k irk ,
b i ir a . Hagen N-attt. Japan. Total
----- t v s t s
1 5*5 1.1 "»i S ;‘Hl 1,4,3 ,i,»:u
61 92
6,200 22,971 1.2 5
38,1*3
150
1,818
......
....
......
5, >9......
5,241
. . . . . . *«*■«■*.*
3.4 7o
......
....... 1,770
l,77o
...... ......
1.91.
1,650
225 14,017
...
13,75.3 „ „ „ . .....
J.L'.t 1.410
Hstlttmom..
5,840
& w . ___ r
9411 Pr»n..
******* ....... 1.341 1.31-1
Total ....101,975 6,795 33.4 14 1 1.420 5,053 3,131 1,569 160711

Liverpool. —By cable from Liverpool we hav j the following
statement of the week’s sales, stocks, &c., at tnat port.

i

B e lo w we a Id th e o te a ra a cm th is w e e k o f vessels c a r r y in g
C o tto n fro m U n ite d S ta tu s p o rts , b rin g in g o u r d a ta d o w n to
th e la te s t dates.
OAhvasrov ro llrriuoo - J au. 18—3teum>r D ulingt jo, 4 ,7 s l— JaO.
22—Steamer Monrovia, 7,114.
To U iBitmrg-Jau 18 ~Bte«ui«r Verbena. 770.
To Rotteniauj-J»o 21—StOMUS* K*U<a«. 200.
Texas Crrr- ro »»i>m»ii-J»o IS -iiwuaw Uaruiivton, 2.10*'
N sw OSJ.isasi - To U ra rp tm t—la *. >8 - »te*u»r» te sa o, ».o 0; Vast*.
4.7a*.. . . Jau. 20 -Sic.-uucr Nt .vrigu iti,:i.83i* ...la- 21 -Siesmer
E tc tr io »n , 3 ,6 8 7 ., J * n , 2 2 —6 te » ij;« r M eric,*!*, 1,803.

Jan. 2 3 —

6 8 ,0 0 0

MOO
1 , 00
64.000
5,000
76.000
forwarded......... . ....... .—
total stock—Estimated............ 1,050,000
Of whioh American—E3tm.’c 879.000
175.000
’otal Import of the week.......
ice.ooo
Of whioh American . . . . . . .
198.000
mcm-at afloat.—
... •if vr»iiub
180.000

Jan. 17

J a n . 24.

32,000'
57,000
60,000
1,300
1,900
1,400
2,000
2,300
900
72.000
52,000
50.000
11.000
13,000
5.000
99.000
67,000
61.000
1,U 6,000 1 , 1 1 1,000 1 ,111,0 0 0
9 21,00 ■ 92 ,000 918.000
163,0' 0
75,000
< 5 ,0 0 0
1 <4,0*01
61,000
47,000
158,0 o! 179,000 193.000
159,00©! 166,000 185.000

T h e to n e o f th e L iv e rp o o l m a r k e t fo r so o ts a n d fu tu re s e a ch
day o f th e w e e k e n d in g Ia n . 24 a n d th e d a ily c lo iin g p ric e s
o f s p o t c o tto n , h a ve been as fo llo w s .
Spot.

S atu rd ay M on d ay.

Market, ( Quiet and
1:45 p. M, j sfeeatly.
Mld.Upl'ds.

4**

Sales....... .
Spec, A exp.

8,000
500

QnlQL

Tuesday.

Wmi'dau THursd’ y.

F rid a y .

Harden'*

Fair
busmest
dolna.

Good
demand.

Fair
business
doitui.

4®.S
10,000
500

181S
12,000
500

4**92
10,000
500

4»7S*

ih

8,000
»00

10,000
500

F utures.

Market, J
1:45 p. * 4

otta#

51arket, \ Qnlot
4 P. st. 1 HEm a j.

Qttiet and

Steady a«

st^ L , r
ru n .

"S E W
TB&M

l5uadT.

W a d !*
vanoe.

rtrm.

yetei.

Steady.

Steady.

T h e p ric e * o f fu tu re s a t L iv e rp o o l f o r each d a y a re g iv e n
b e lo w . P rices a re on th e basis o f U p la n d s , L o w M id d lin g
clause, unless o th e rw is e scaled.
TIP* The prierA a r e a teen in p en ce a n d G W i.
T h u s : 4 63 m ea n t
4 O.i ii ld.. a n d 5 01 m ea n s 5 1 ti Id.
Nat o r.

J a n . IS tn
Jim . $%. ISHi

non.

T ub *.

1 1:15 -t 1:45
i* mJp. h. i». m . r. M.

th e s te r .

l .V‘37
29,184
3 .08.
5.398
5,244
3 , 470
........

Jan. 10

Dec. 30

tales of the week...........bales
Of which exporters took . .
Of which speculators took ..
isles American....................... .

L ite r -

New Tort.
N. Orleans,
GalvnSten.,
Texas city
Bromswiek
Port Royal
Wtlmlnst'n
Norfolk....
Boston......

193

January...
*
FH*. Mel.
Mrh April.
April May .
May 4 •!«»»..
J one Jniy.
July A uk *
a itg.-i-oiii.
R*i(it. Oet.
O
c
..
Noy.tJec..

*/. . d.
d.
d.
4.
1 2 1 4 •.*.'* 1 25 1 21 4 26
1 2 * 4 21 1 2 l l 23 4 21*
1 m w *j:i 1 23 1 23 4 25
4 22 l 23 1 2 1 1 22 4 25
1 21-4 2 : 1 2 1 21 4 21
.4 21 l 22 4 22 4 21 1 24
1 21 122 122 1 21 4 21
4 21 l 22 122 1 21 121
l 20 1 21 1 20 l 20 4 23
l 13 4 U 4 14 4 13 4 15
4 0*14 10 4 10 1 09:4 12

i

W ed.

TUurx.

F rl.

1:15 i 1:15 *1 1:45 4
1*. it. P. M, !*. M. Pi M. P. M, P.Mw

</. *is d.
d.
d.
d.
*/.
l 27 4 20 1 27 1 27 1 23 i 30 i 30
l 27 t 25 4 27 4. m i 28 1 29 i 30
1 26 1 2 1 20 1 2614 27 ! 23 128
t 20 1 27 1 *5 l 25 l 27 1 28 4 28
l 25 4 27 1 25 1 25 i 27 l 27 4 28
t 25 1 27 125 l 25 l 26 1 27 127
1 25 1 27 1 2a 1 25 1 20,1 27 t 27
l 25 4 27 I 25 l 25 l 215 ■1 27 1 27
l 24 1 25 « 21 t 24 4 25 4 26 1 23
» 17 4 18 l 17 1 17 i 18 5 1U l 18
l 13 1 14 4 13 113 l 14 l 15 i 14
.... ....
. . . . . . . . .. . .

8READSTUF F

s .
Fr id a y , J a n u a ry 24, 1826
Business in th e r n i r k d f o r w h s a t f i m r has been f a ir l y ac­
tive as an advance in the price o f the graia stimulated a de­
m a n d for tii! tra d e h r ah I s a n d prices p a id sh o w e d a n a d ­

vance of "> to 10 cents,

Shippers have also shown increased

in te re s t in th e lo w grades, b u t t h e ir lim it s h ave been to o lo w
to a d m it o f e x te n s iv e tra d in g . C ity m ills have been in f a ir ly
b ris k d e m a n d a t h ig h w p ric s. R ye <
1iu r has so i l s lo w ly ,
b u t prices have h e ld steady. F ,r b n c k w n e a t flo u r th e re h is
b e e n a t y iie t b u t stead in ir k e t . O o ru m * a l h *a been q u ie t
a nd w iu t o u t c h u iite . T o d a y th e m a rk e t f o r w h e a t f lo u r was
m o d e ra te ly a c tiv e a nd fir m .
There has been a f a ir ly a c tiv e s p e c u la tio n in th e m a rk e t f o r
w heat fu nres and prices have a d va nce d ra th e r s h a rp ly on
b ris k b u y in g b o th fo r lo ca l a n d fo re ig n a c c o u n t, s tim u la te d
b y c o n tin u e d u n fa v o ra b le c ro p a cco u nts fr o m A rg e n tin a ,
In d ia a nd Russia; also d e c id e d ly less fa v o ra b le c o n d itio n s a t
th e W e s t f o r th e g ro w in g c ro p .
I n th e sp o t m a rk e t
business bus been q u ie t, »s an a dvance in prices has
checked tra d e .
Y e s te rd a y , h o w e v e r, sh ip p e rs sh ow ed in ­
creased in te re s t, a nd th e sales in c lu d e d
No. 1 h a rd
s p rin g a t a * o u t Ic. o v e r M ay f. o. b . a f lo a t ; N o. 1
N o ith e rn , N e w Y o r k in sp e ctio n , a t 2’.Jc. o v e r M a y , f,
Cotton freights the past week have been as follows.
o b. a flo a t, a n d N o, 1 fro s te d M an ito b a , p i r t to a rriv e , a t
8}•£/<*'J**. u n d e r M ay, f . o. b. a flo a t. T o d a y th e m a rk e t was
B atur.
Turn.
Mm,
Wed ne e THurt.
Jh~t
q u ie t d u rin tr e a rly 'C bangp, a n d u n d e r re a h z io g sales b y a
le w “ longs” p rices w eakened s lig h t ly ; la te r, h o w e ve r, specu­
Livorpool. .......d.
»84
»S4
*w
»S4
»»«
a, t
la tio n h e cu n e a c tiv e , a n d prices a dvanced s h a rp ly on re p o rts
Do
Feb. 4 f
....
- ...
....
o f la rg e purchases in th e sp o t m a rk e t, b o th bv sh ip p e rs a n d
Havre___ . . . .. e
25*
4.
*4
*4
M
‘4
lo ca l m ille rs , c lo s in g B rm , The s p o t m a rk e t wag a c tiv e , th e
Don itirk . .. .. . c
purchases by sh ip p e rs a m o u n tin g to a n o u t 200,000 bushels,
Bremen........ . . . e
27*«l
27>»>
27 91
27t»r
27 la*
27i**
a n d in c lu d e d No. i fro s te d .M anitoba a t 2c. u n d e r M *y , f. o. b,
Do . ..... ...r
»«
....
a flo a t; No. 1 N o rth e rn , N e w Y o r k in s p e c tio n , a t 2!£c. o ve r
Hamburg ......... e. 2.>taq 24t
231 <* U 25* -a h 2*a>4 2if®*4
M ay, f. o. b. a flo a ', a n d N o. 1 h a rd s p rin g a t 4c. o v e r M ay,
Do
..........c,
..
f o. b . a flo a t; i t waa also re p o rte d t h a t la te y e s te rd a y a n d to ­
Amstertare . . . . e. 301
30**
30*
30*
30*
30'
d a y lo c a l m ille rs purchased th e e n tire s to c k o f red w in te r,
Keval, v. Hatoh d.
I’ ei
>as.
>v.
ia-4
»e .
b u the te rm s w ere k e p t p riv a te , a lth o u g h w e h e a rd o f one
Do V.
* a
31S
As
.sale a t 4c. o v e r M ay. d e liv e re d , fo r No. 2.
Bareelooa......... «f.
f)*ri,T cuosmo prices or so. 2 bed winter wubat .
Genoa
«
»«
*14
*16
ho
3if*
FrU
Wed. THurt.
Mon. Tues.
Sat.
Tn»*«tc, Dctobpr.r/
tu ,
n n.
'»s
7iq
72)4
u
,
?•*
«!» I,
‘ 14
7lM
February delivery..
**m
7 ,
71
..
March
dplivery.
.
.
.
.
7*)%
72
73
7
:
Antwerp, Ovt ..d .
70
«u
• * * n . J . * ’ ’i - **i 4 !5S k- * 13l',»-7gA May l»»i}v.sry . . . __
b!*79
70
71
03
68 %
68 8*
9,r
; .. '* '4
Q h m t . Y,
-m
r •
70%
J ane del Ivery.. . . . ...
«y>*
69 °8
Cl'S
68 y
08 *4
t Cents ow per ICO lbs.
781
69*«
69
>
*
July delivery...........
70<*
t
63-4
Steamer A—,*>e, 7,7,91.
To Btou-u —1»«. ii-.-lo-.iui-r E:lily*tore>, 1,10,.
To Dunkirk—lau H —ilerimt 8 ,n inili. 2.444.
To Br«.,„ n—Jar. 18—.Steamer Uritisb Crows, 7,477
ToB*ro,d„r,»-J»n. 17—Steamer Mtgnel nunic-:, 1,959.
To u,■!,£,.*—Jjo. 17—atea icri Mtgasi Dalian. 6, >, ; Dan Giorgio.
2,291.
T o Naples-J*o, I? —Steamer Sas Giorgio, 1,165.
Mobile To Bre -«*>n—Jan. 22-8t«aui«r Helper, 7,42*
8 ataws All— r - B rnelmm and Genoa—Jaa, 22—8 te**««r Solveig, 9,150.
WHJUwruw—To B em«n—Jan.18—SimuRer Koyailst, 1 1 ,o il....J a n .
24—Steam*** Kjfd t! Holme, 6,150,
Norfolk To LIvtrpool-Ja». s4—-t- mum Ardrishdg, 2,009.
To Hamburg-Ja 23—Steamer Taormina, 1,100.
Nswrow Maws—to Uverp tei -.In , !•*-steamer A f i t r i 916.
Boston—To Liverpool—Ian 18—steamer A»gl»m*a, i,o7s ... J in .
17—8ieao *r eylvantm, 696--- Jan. 20—Steamer S.cnem, 1.882.
To Halit *x—/no. 18—steamer Halifax, fir-.
Baltixok e -T>. Liverpool—Jan. 20—Steamer S«dgrraore, 1,191 upland
and l> i)8.« Inland.
To Rotterdam—J »n- 17—Steamer Venango, 400.
PtULAUHLi-mA—Do Liverpool—Jan. 17—steamer F nnland, .1)1.

THE CHRONICLE.

J94

,
,
1
■hnf nrires nude fracIndian corn futures have been qu.et but prtOT^maaejrac^
tional advances in sympathy with the improvement in wheat
and in response to slightly stronger foreign advices, but y *
terdav realizing sales by longs, prompted by a continued
large crop movement, caused a reaction. In the spot market
an advance in prices has checked business. The sales yester­
day included No. 2 mixed at about 2 ^ 0. over May f . o . b .
afloat steamer mixed at 35^c. in elevator and old No. 2
yellow at lOJ^c. f. o. b. afloat. To-day the market was quiet
but the close was fractionally higher in sympathy with the
advance in wheat. The spot market was firmer. The sales in­
cluded No. 2 mixed at 2 cents over May delivered and steamer
yellow at 30c. in elevator.
DAILY globing pricks op no. Z MIXED COEN.
Sat. it on.
January delivery...........o. 35\ 35%
February delivery.........0. 35% 35%

May delivery............... o. 35% 85%

July delivery..................0. 36-%

38%

Tuee.
36
35=8

35 %
36\

Wed.
36%
36

35%
36 s

Thnrs
35%
3. .

35 %

LX11.

packages, valued at *.166,645, their destination being to the
^ intBK9peciHed in the table below:
New York

to

J an . 20.

1896.

1895.

Week. \Since Jan. 1

JYee*. Since Jan. 1.

142

37

Great Britain.......
Other European..
China........... .
India........... .
Arabia...................
Afrloa..................
West Indies..........
Mexloo................
Central America.
So .itil America...
Otner Countries..

1,185

122

142
5,653
351

632
474
45
304
621
47

1,423
1,197
146
539
2,831
209

3,467

39
23

195
61
2f737
26
2,444
1,036
1,198
118
314
2,453
296

25
1
281
37J
107
801
207

v+t.
36
36

Total...................... ........
China, via Vancouver’ ....

12,633

1,521

10,878

3 / “s

3,467 j
13,633
Total.
’ From New England mill points direct.

1,521

10,878

36

37

[VOL.

Oats for future delivery have been quiet, but prices have
advanced slightly on buying by a few shorts" to cover con­
tracts, stimulated by the improvement in wheat and corn.
In the spot market a limited amount of business has been
transacted at higher prices. The sales yesterday included No.
2 mixed at 24}4c. in elevator and No. 2 white at -So. in ele­
vator. To day the market was a trifle stronger, in sympathy
with the advance in other grides. The spot market was
firm but quiet. The sales included No. 2 mixed at 24% c. in
elevator and No. 2 white at 26c. in elevator.
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
Sat.
Mon. Tuee. Wed. Thurt.
SV-.
January delivery..........c. 23% 24% 24% 24% 24%
24%
February delivery........ c. 23% 24% 24% 24% 2t%
24%
24%
March delivery.............. o. 24% 24%
24%
.“4%
25%
May delivery............ —0. 24% 24%
24% 2a
25
The following are closing quotations :
FLOUR.
Patent, winter..........$3 50 9$3 75
Fine....... hbl. $2 003 2 25
4 00
euperilne.............. 2 15® 2 50 City mills extras......

1,000

The value of the New York exports for the year has
been $612,003 in 1896 against $510,882 in 1895.
There have been numerous inquries after brown goods, but
actual business has again been on a limited scale in both
sheetings and drills. Sellers are not pressing stocks on buyers
to any extent, nevertheless the market by its own weight
still tends downwards, and prices are very irregular. In other
brown goods the demand isj slow and prices weak. Cjarse
colored cottons are inactive throughout, with weakness in
blue denims a feature. There has been little business in
bleached cottons at first hands, buyers holding off for lower
prices. White sheetings are slow and barely steady.
White goods dull and irregular; cotton flannels and
blankets fairly steady, but new orders light. Kid-finished
cambrics in favor of buyers. Fancy calicoes have sold indif­
ferently, as have other regular prints, but novelty goods have
been in fair request. Dress style and staple ginghams inac­
tive, aLd the latter barely steady. Napped effects and highRye flour, superfine.. 2 35 9 2 75 grade specialties in moderate request. Print cloths quoted at
Buck wheat flour...... 1 209 1 25 Fall River at 3c, nominal, still, but sales at Providence of reg­
Corn meal—
Western, &c........... 2 15 9 2 20 ular cloths at 2 % c .

£xxra, No. 2 .............. 2 35® 2 70
Extra, No. 1 ---.......... 2 45® 3 00
Clears..................... 2 65 ® 3 25
Straights_________ 3 25® 3 50
2 25
Brandywine.
Patent, spring........
3 40® 3 75
[Wheat flour in saoka sella at prices below those for barrels.]

GRAIN.
Corn, per bush—
o.
West’n mixed......
75^
76
Western yellow...
7?
Western Wiiite—
73
25 *s R y eWestern, per bush.
28
State and Jersey..
24*2
Barley—Western—
27
State 2-rowed.......
8tate 6-rowed.......
For other tables usually Riven here see paae

Wheat—
Spring, per bush..
Red winter No. 2..
Red winter...........
White.....................
Oate—Mixed, per bu.
White.....................
No. 2 mixed..........
No. 2 white...........

T H E

o.
67 9
74*49
68 9
68 9
23 9
24 9
23*s9
26

D RY

GOODS

0.
35
36
36
36

9
9
9
9

9
___ 9
40 9
.. . . 9
.. . . 9
173.

C
38*2
38
40
41
....
___
46
.. .
...

TR A D E .

N e w Y o r k , F r id a y , P. M., January 24, 1896.

Total stook (pieces)........ 707 000

1895.
Jan. 19.
81,000
28,000
95,000

1894.
Jan. 20.
167,000
200,000
55,000

1893.
Jan. 21.
None.
1,000
None.

184.000

422,000

1,000

F oreign D ry G oods.—A fair business reported this week

in ribbons and other specialty departments, but more staple
lines, such as dress goods and silks, are quiet. Sales are
mostly confined to goods in port, importation orders still be­
ing checked by tariff uncertainties.
Im portations and W arehouse W ithdraw als o f Dry Goods
The importations and warehouse withdrawals of drygoods
at this port for the week ending Jan. 23, 1896, and since
January 1, 1896, and for the corresponding periods of last
year are as follows:
s
ft
a
g 's s g
*pjc+=$0 isg
® S3 t n * 2 pj
® 83
p
S. p:g g p e g -o g
e o *7 » : S : 8?
8
:
:
S
IY Q
sE
Il
•
a! 1 : 1 B
p;
1: • : i 3
CD•
II
a» , i t « ®
St
0:
; ; ; ; j o
EM
B:
i
: i : ■T
Ssr
£a*D

I&IM-IUIUI
© ' CJib <
tOM
<1 -J© CO] ©-3
tsl I -JOB -4 to to v*

toco totoo ©V

CCOOODW
oo©
coco 00COIP-coo

O
tOOi-P-CO
5to Oi—
<o C
1►
-* ICR
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2,680
5,183

The market at first hands has disclosed no new feature in
cotton goods during the past week, the actual demand again
proving a disappointment, with prices of staple cottons weak
and occasionally lower than a week ago. Chief interest has
been centred in the outbreak of a jobbers’ fight in bleached
cottons. On Tuesday New York jobbers made the price of
’ “Lonsdale” and “ Fruit of the Loom” 7^o. net, and this has
been met by a 7c. price by Chicago houses. The agents’
prices are still maintained at 8j^c. usual discount, but a
revision is now momentarily expected. Manufacturing inter­
ests are complaining of low prices and slow sales of staple
cottons and of increasing embarrassment from financial
stringency, and as Btocks are undoubtedly accumulating it
is not surprising that there are frequent reports of impending
cuitailment of production. The advance in cotton this week
is something in the market’s favor, but it is not strong
enough to offset other influences. Outside of staple goods a
moderate business is reported, towards which novelties rather
than regular lines contribute. Business in the woolen goods
department has lacked spirit, but the further opening of new
lines has helped sales.
W oolen Goods.—There has been a fair attendance of
wholesale clothiers and cloth jobbers in the market this week,
attracted by the new lines of high-grade men’s-wear goods re­
cently put out. A considerable number of orders have been
taken tor these, but buyers have operated conservatively, in­
dividual purchases being lighter than usual. Prices are with
few exceptions the same as last season. In low and medium
grade staples and fancies the demand has been indifferent
and in qualities between 75c. and §1 00. Prices show an oc­
casional tendency to favor buyers. Business in low-priced
goods, such as satinets and cotton warps, is quiet throughout
with prices generally unchanged. The demand for overcoat­
ings has again been disappointing, and the tendency of prices
in some grades of smooth-faced fabrics favors buyers. Dress
goods are in quiet reorder demand and generally steady.
Flannels and nlankets remain quietly firm. Carpets in fair
demand and tending upwards in tapestries.
P w -iT ir c it t a , O now —Tho exports of cotton goods
from this port for the week ending January 20 were 3,46^

1896.
Slock of Print Olotht—
Jan. IS.
At Providence, 64 squares...160,000
At Fall River, 64 squares....283,000
At Fall River, odd sizes........ 259,000

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THE CHHOJNTCLE.

Jantary 25, 1896.]

195

Canton, 0 .—B on d O ffering .—P roposals w ill be re ce ive d
u n t il F e b ru a ry 24, 1896, o y F . H . B sld e n , c it y c le rk , f o r th e
pu rch a se o f 860,000 o f C a n to n bonds to bear in te re s t a t a ra te
n o t t o exceed 5 p e r c e n t per a n n u m . T he se c u ritie s w ill be
TERMS OF SUBSCRIPTION.
dated D ecem ber 21, 1895 ; in te re s t w ill be nai l se m i a n n u a lly
T h e I n v esto rs ’ S u p ple m e n t will be furnished o n J u n e 21 a nd D e ce m b e r 21, a t K o u n tz e B ro th e rs , N e w Y o r k
C ity , o r b y th e c it y c le rk o f C a n to n , a n d 813,000 o f th e p r in ­
w ith o u t e x tr a ch arge to every annual subscriber o f the c ip a l w ill m a tu re in fiv e years. 812,000 in e ig h t years, $ 13,000
in eleven ye a rs, $ 1*2,000 in th irte e n ye a rs a a d $ 12,000 in ' f i f ­
C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e .
teen years.
T h e S t a t e a n d C i t y S u p p l e m e n t will also be fu r­
N o 'b id s w ill be co n sid e re d unless th e y are m ade u p o n b la n k
nished w ith o u t e x tra ch arge to every subscriber o f the fo rm s fu rn is h e d b y th e c it y o f C a n to n , w h ic h m a y be h a d b y
a n y person d e s irin g to b id u p o n a p p lic a tio n n u d e to th a c it y
C h r o n ic l e .
c le rk , a n d n o b id w ill be co n sid e re d unless th e b id d e r s h a ll as
T h e S tr e e t R a i l w a y S u p p l e m e n t will likewise a p a rt th e re o f sta te th a t he has sa tisfie d h im s e lf as to th e le ­
g a lity o f th e issue. F o r th e in fo rm a tio n o f b id d e rs a c e rtifie d ,
be furnished w ith ou t e x tr a ch arge to every subscriber copy o f th e a b s tra c t s h o w in g th e le g a lity o f th e issue w i l l be
fu rn is h e d u p o n a p p lic a tio n , a n d th e a b s tra c t o f th e pro ce e d ­
o f the CHP.ONICLE.
in g s and le g is la tio n w ill also be on file in th e office o f th e c it v
T h e Q u o t a t io n S u p ple m e n t , issued m on th ly, will c le rk , s u b je c t to th e e x a m in a tio n o f a n y persond e s irtn g to b id .
T he to ta l d e b t o f th e c it y a s o f f id r ily re p o rte d is $741, 525. 52,
also be furnished w ith ou t e x tr a ch arge to every su b­
a n d in clu d e s $ 190,000 o f w a te r w o rk s bonds, $ 161, 125.52 o f
stre e t im p ro v e m e n t bonds a n d $ 390,400 o f c u rr e n t expense
scriber o f the C h r o n ic l e .
bonds. A f t e r d e d u c tin g s in k in g fu n d s o f $ 10, 943.72 a n d
T E E M S for the C h r o n ic l e with the fo u r S u p p le­ w a te r d e b t $ 190,000, th e n e t d e b t is s h o w n to b - 8510, 576. 80.
ments above named are T en
ollars within the U n ited The assessed v a lu e o f ta x a b le p ro p e rty is $ 11, 161, 760, a n d th e
e stim a te d re a l v a lu e is $ 35,000,000.
A c c o rd in g to a c tu a l
States and Tw elve Dollars in E u rope, which in both c o u n t, th e p o p u la tio n in 1893 was 39, 176. a n d i t is a t p re s e n t
e stim a te d a t 36,000.— (See C h r o n ic l e , V . 01, p. 1126. a u d V .
cases includes postage.
62, p. 101.

/w v

C

it y

D tw rm re W T .

Terms of Advertising—(P er Inch space.)
Onetime........... ...............
One Month
(4 times),,
Two Month*
(8 time*),.
(The above term* for one

#3 50 j Tnr Months (13 times).. $25 00
11 0«» Six oaths
<36 timet).. 13 00
IS 0 0 1 Twelve Month*<52 times).. 58 00
month and upward are for standing card*.

Cape C h a rle s , Ya. — B o n d s A u t h o r i z e d — Im p ro v e m e n t
bonds to th e a m o u n t o f $ 10,000 h a ve been a u c h o n z s d .

Cape MSy*. N. J . — B o n d N ew s .— O ity R e co rd e r J . A s h to n
W illia m s re p o rts to th e C h r i NIGLK th a t th e $ 50,000 o f bonds
re c e n tly a u th o riz e I by p o p u la r vote w i l l n o t be o ffe re d fo r
T h e p u r p o i e « < t b l « M a t e a n d C t i y D e p a r t m e n t sale u u t ii a b ill has been passed b y th e L e g is la tu re g iv in g th e
la to furnish our subscribers with a weekly addition to and city* th e r ig h t to e xp e nd th e e n tire a m o u n t a t o n e -.

continuation of the State and City Supplement. In other
worda, with the new facta we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the ** State and City Department,” we expect
to bring down weekly the information contained in the
S tats and City Supplement to as near the current date as
possible. Hence every Subscriber will at all times possess a
complete and fresh cyclopedia of information re s p e c tin g
Municipal Debts.
B o n d P r o p o s a l* a n d S i e | o U a i l o n i . - W e have re­
ceived through the week the following notices of bonds
r e c e n tly negotiated and bonds offered and to be offered for
•ale.
A th e n s , H a .— N o B o n d * A u t h o r i z e d .— I n re fe re n c e to th e
re p o rt th a t th e people o f A th e n s w o u ld v o te on is s u in g bonds
f o r p a v in g e s tim a te d to cost a b o u t $ 75,000, \V , W . T u rn e r,
C it y C le rk a n d T re a s u re r, w rite s th e C h r o n ic l e th a t u p to
th e p re se n t tim e no bond issue has been proposed. T h e m a t­
te r m a y , h o w e v e r, be b ro u g h t be fore th e C o u n c il la te r.
B a lla r d S ch o o l D is t r ic t No. 50, Wash .— B o n d S a le —T hin
school d is t r ic t w ill re -a d re rtis e f o r b id s o n $ 13,000 o f *5 per
c e n t re fu n d in g bonds. O n ly one s a tis fa c to ry proposal w as
received w h e n th e bonds w ere o ffe re d a fe w d a ys since, and
th a t w as im m e d ia te ly w ith d r a w n
It seems th a t th e loan as
th e n a d ve rtise d waa m ade p a ya b le *• on o r Before tw e n ty
y e a rs ," m a k in g th e bonds o p tio n a l a t a m tim e fro m da te,
a nd was th e re fo re considered u e d e sira b le . T he b id s th e n su b ­
m itte d w e rs as fo llo w s : T h e !* & B t r r o li, S p >kane, p a r a n d
a p re m iu m o f # 1: S e y m o u r B ro s. & C o., T acom a, p a r a u l in ­
te re st. d is tr ic t to a llo w $510 f o r a tto rn e y fees and h i ,n k bonds;
E , H . G a y & C o., B oston, p a r, d is t r ic t to a llo w $300 fo r
a tto rn e y fees and expenses,
K u r re , Y t . — B o n d S a le .— C itv T re a s u re r B. H . W e lls re ­
p o rts to th e C h r o n ic l e th a t a c it y lo a n o f 110,000 has re ­
c e n tly been placed. I t is exp e cte d th a t a n o th e r n e w lo a n
w ill be a u th o riz e d in a fe w m o n th s .
B o o n e C o u n t}-, W . Ya .— B o n d E le c t io n ,— A n e le c tio n w ill
be held in Boone C o u n ty n e x t M ay to vo te on the qu e stion o f
is s u in g $400,000 o f bonds to th e W est V ir g in ia S o u th e rn R a il­
w a y f o r an e x te n s io n o f its lin e th ro u g h th e c o u n ty .
B r o o k ly n , N. ¥ .— B o n d * P r o p o n e d .— A t a re<*-‘t»t co n fere n ce
o f th e M a y o r a n d C o m p tro lle r w it h th e P re s id e n t a n d S u p e r­
in te n d e n t o f th e B o a rd o f E d u c a tio n it waa decid e d to issue
$ 750,060 o f b o n d * f o r school b u ild in g s and $ l 3,um> f o r te x t
books.
Buffalo, N. Y,—B o n d O ffe r in g . — Proposals w ill he received
u n t il J a n u a ry 80, 1896, by B ra stu s C. K n ig h t . C ity C o m p ­
tr o lle r , fo r th e purchase o f $50,000 o f 8Jj[ per o* n t registered

refunding bonds.

1896, in te re s t

The securities will be dated January 1.

w iii be paya ble s a m i-a n n u a lly on J a n m r v 1and
J u ly J, a t th e o ffice o f the C ity C o m p tro lle r o r a t to * G a lla tin
National Bank of N e w York, a n d th e p rin c ip a l w i 1 mature
J a n u a ry 1, 1916.
T he bonded d e b t o f B u ffa lo on th e fir s t d a y o f fa n u a ry ,
1896. less bonds h e ld by th e c it y in s in k in g fu n d s , i- -SI 1,972,849. 62. The assessed v a lu a tio n o f th e ta x a b le re a l estate o f
th e c ity , hy the ro ils o f the y e a r 1895, is $320, 061,3 t *.00.

C h a g rin F a ils . O h io — B o n d * P r o p o s e d . — A n o rd in a n c e w i l l
be s u b m itte d to th e L ig ia ia tu re p ro v id in g t h a t th e q u e s tio n o f
issu in g $ 35,000 o f w a te r-w o rk s bonds be s u b m itte d to a v o te
o f th e people a t th e s p rin g e le ctio n , w h ic h ta ke s p la ce in
A p r il.
C h ica g o S a n i t t t y D is t r ic t , I l L — B o n d s t o b e O ffe r e d .— At,
a rece n t m e e tin g o f t i e tru ste e s o f th e C h ica g o S a n ita r y D is­
t r ic t , i t was o rd e re d th a t 4>£ p e r c e n t bonds f o r $ 1,000,000 be
a d ve rtise d fo r sale.
C h ip p e w a F a lls , YVts.— B o n d S a le — T he $ 300,000 o f b rid g e
re p a ir bonds re c e n tly issued by C h ip p e w a F a lls have been
purchased by th e F ir s t N a tio n a l a n d L u m b e rm a n 's N a tio n a l
banks o f t h a t c i t y .
C ic e ro , 11! . — .Vo B o n d * O ffere d . — T o w n C le rk N e lso n H a llg re n rep o rts th a t n o b o n d- a re be in g o ffe re d f o r sale b y th e
to w n , b u t th a t bonds a re b e in g issued to c o n tra c to rs in p a y ­
m e n t fo r th e im p ro v e m e n ts w h ic h a re in process.
C lin t o n C o u n ty , M o .— B o n d S a le .— O n J a n . 15, ISP5, th is
c o u n ty sold $ 15,000 o f 5 p e r ce n t c o u rt house a n d j t i l bonds
to H . M. N oel & O o „ o f St. L o u is, M o ., a t 101. S ix bids in a ll
w ere received. T h e se cu ritie s a re d a te d J a n . 2, 1898, a n d w ill
m a tu re in fr o m 5 to 10 y e a r*.
D a jt o n , O h io — B o n d Safe.— C ity C o m p tro lle r C. A . H e rbig re p o rts to th e CHRONICLE that on J a n u a ry 16th $ 29,000
o f garbage c re m a to ry bonds w e re sold to th e c it y s in k in g
fu n d . The n e w securities w ill b=> dated F e b r u tr v 1, 1898.
D e t r o it , M ic h .— B o n d O ffe r in g . -P ro p o s a ls w i l l be r e ­
ce ived u n t il F e b ru a ry 8. 1898, b y F. A . Blades, C itv C o m p ­
tr o lle r , f o r th e purchase o f $ 99,000 o f I per c e n t p u b lic se w e r
b o n d *. T he s e cu ritie s w ill be d a te I M a rc h 2, 1896. in te re s t
w ill be p a ra b le s e m i-a n n u a lly o n M a rch 2 a nd S e p te m b e rs ,
a t th e o ffice o f th e C ity T re a s u re r o r in N e w Y o r k C ity , and
th e p r in c ip it w ill m a tu re M arch 2, 1928.
W it h th is is-ue th e to ta l n e t d e n t o f th e c it y , e x c lu s iv e o f
w a te r bonds, is $ 8,989, 532.09, T h e C h a rte r l im it o f bonded
d e b t. 9 p e r ce n t on assessed v a lu a tio n ($ 209,596,8) 8), is $ 4, 191,728 80. B y d e d u c tin g fro m th is th e debt, us sta te d above th e
present b o rr o w in g c a p a c ity is sh o w n to be $ 392, 804.51.
E a s tc h e s te r S c h o o l D is t r ic t No. J. N , ¥ . — B o n d O ffe r in g —
B ids w ill be opened in the school b u ild in g a t W a v e rly on J a n ­
u a ry 27th b y th e B oard o f E d u c a tio n o f tin s d is t r ic t fo r $ 35,000 a t 4 p e r cent school bonds. In te re s t on th e se cu ritie s w ill
be p a y a b le s e m i-a n n u a lly on M arch 1 a n d S e p te m b e r 1a t th e
B a n k o f M o u n t V e rn o n , and th e p rin c ip a l w ill m a tu re a t th e
ra te o f $ 1,850 y e a rly , fro m M a rc h 1, 1897, to M a rc h 1, 1916,
bo th in c lu s iv e ,
'
va
T he school d is tr ic t has a t pre se n t no bonded indebtedness
and its assessed v a lu a tio n is $ 130,335.
F a ll R iv e r , Mass,— B o n d s P r o p o s e d . — A n a d d itio n a l lo a n
o f $75,000 has been a u th o riz e d b y th e C ity G o v e rn m e n t f o r
th e n e w lib r a ry b u ild in g . T h e L e g is la tu re w ill n o w be
p e titio n e d fo r a u th o r ity to issue bonds to th is a m o u n t.
G a lv e s to n . T e x . — B on d * A p p r o v e d ,— The A tto rn e y -G e n e ra l
o f Texas haa a p p ro ve d o f am is tu e o f G alveatoo f u n d in g
bonds a m o u n tin g to $ 200, 000.
G a s to n ia , N, C .— B o n d E lectio n . — T h e peopl > o f G a s to n ia
w ill vo te F e b ru a ry 10 on issu in g b o n d * f o r w a te r w o rk s .
G o g lie n , N , Y — B o n d s A u t h o r iz e d . — T h e N e w Y o r k le g is ­
la tu re has passed a b ill a u th o riz in g th e v illa g e o f G oshen to
issue 5 p r r ce n t 29-y e a r w ite r - w o r k s bonds f o r $ 29, 000.

U)(>

THE CHRONICLE.

Green Cove Springs, Fla.—.B onds A u th o riz ed .— Improve-,
ment bonds io the amount of $40,000 have been voted.
Greeneville, Miss.— Bonds A u th orized . —Bonds of Greeneville to the amount of $00,000 have been voted for waterwor Its.
Hiekory N. C.—Bonds P ro p o sed .—It is reported that bonds
of tins city will be issued for water-works.
Honey Hr ok, Pa . — B on d E lection .— A vote will be taken
February 1$ on issuing $>5,000 of water works bonds.
Hyattsvllle, Md.—B on d s P rop osed . —Six per cent water­
works bonds for $250,000 are under consideration.
Jertuyn. I’ a .— B on d E lectio n .—The citizens of this munic­
ipality « ill vote on lotting bonds for water-works.
Lincoln, Calif.— B on d O ffering. —Proposal will be received
until January 31. 1806, by C. F. Burman, Treasurer, for the
purchase of $20 000 of 5 per cent water-works bonds maturing
in 1935.
Luck, Wis.—Bonds A u th orized . —M. C. Pedersen, Chair­
man, reports to the CHRONICLE that $3,000 of bond? recently
vc trd by the town in aid of the Ashland Minneapolis & St.
Paul Railr >ad will not be ( ffered for sale, but wilt be turned
over to the company as soon as the road is completed.
Hatl ison vll 1*\ Ky — B on d I s s u e —An election held January
14. on i-suing $21,li00 of water-works bonds, resulted in a vote
of 421 for ai d 17 against the proposition. The town’s law yer
differ as to whether or not the bonds carried, the Constitution
requiring two-thirds of those voting to be in favor of the
issue, while the charter requires two-thirds of all the voters
of the town. The question will shortly be setiled by the
Court.
May Held, P a —Bond E lection . —A vote will be taken on
the qu stion of issuing water-works bonds.
Middle Lanp Valley Irrigation District, B'aine, Custer
and Vallty touutirs, N eb—B on d N ew s.— Charles Nicoli,
Secretary n p irls to the C hronicle that 8100,0^0 of bonds
of this district which failed to sell on January 6 will not be
re-adverti-ed until after the decision o f the Untited States
Supreme Court as to their legality. Interest on the loan will
be pay a tJe eetni-anDually. and $5,000 of the principal will
ma ure in U years, $6,000 in 12 years, 87,000 in 13 years,
$8,(00 in 14 years, $9,000 in 15 years, $10,000 in 16 years. $11,000 in 17 years, $13,000 in 18 years, $15,000 in 19 years and
$16,000 in 20 years from date. Priocip 1 and interest will be
payable at ihe tffice of the State Treasurer.
M illedgeiille, Ga.—B on d O ffering. —Proposals will be re­
ceived un il February 3, 1890, by City Treasurer P. L. Fair
for the purchase of $22,000 of 6 per cent city bonds. The se­
curities will be dated December 1. 1895, interest will be pay­
able annually on December 1 and the principal will mature at
the rate of $,00 yearly for 20 years from date and $19,100 in 30
years.
Miles City, Mont.—B on d O ffer in g —S. Gordon, City Clerk,
reports to the CHRONICLE that it was discovered shortly after
arrangements lor the sale of $17 000 of 6 per cent water and
electric-light bonds on January lo, 1896, by sealed bids had
been made, that the new code of the State, which went into
effect last July, require that municipal bonds be sold at public
auction. Bids received were therefore rejected on the
above-mentioned date, and the securities will now be offered
at public auction on February 24. The loan is dated January
1, 1896, interest is payable semi-annually and the principal
will mature January 1,1916, with an option of call at any
time after January 1, 1906.
Milford. Muss.— Bonds P rop osed —The taxpayers of Milford
have petitioned the Legislature for authority to issue bridge
bonds for $10,000.
Milwaukee, \\ is.—Bonds P rop osed .— An ordinance author­
izing the iB.ue of $75,000 worth of bonds for the construction
of a bridge at Huron Street was favorably reported upon by
the Committee on Finance of the Milwaukee Common Coun­
cil.
Mississippi.—B on d s P rop osed .— It is proposed to issue
State of Mississippi bonds for $1,000,000 for the-ereclion of a
new capitol building at Jackson
Mom d s'ille Independent School I'istrict, W. Ta.—B on d
Sale.—On January 15, 1896, this district sold $25,000 of 5%
per cent 25-year bonds to the Marshall County Bank, ot
Moundsville, at 101 and accrued interest. Other bids were re­
ceived as follow s: S. A. Kean. Chicago, 97-80; W. J. Hayes
& Sods. Cleveland, Ohio, 100-64 ; S. J. Elliott, New Mariinsville, 100T0: James Cummins, Wheeling, 101-50. Tbe
latler bid was for only $6,000 of the amount and hence was
rejected.
Mount Airy, N. C.— Bond E lection . —The citizens of Mount
Airy will vote in March on issuing water-works bonds to the
amount of $25,000.
Newlon Mbs*.—B on d s A u th orized .— It is reported that
this city will is-u- 4 per cent street improvement bonds to the
amount of $20<>,000.
Ogbkm-h. Wi*.—B on d O ffering. —Proposals will be received
until Februnty 1, 1896, l y Floram Latnptrr, City Comptroller,
for tbe pun haie of $8,000 of 4}^ per cent school bonds. The
securith s are dated December 10, 1895, interest is parable
annually at d tbe pr ncipal will become due iD 1914. or at the
option of the city after five years from date. The city’s total
debt (all bonded) excluding the above-mentioned loan, Is

[Vol. LXII.

$245,868. Its assessed valuation for 1895 was $8,849,263; real
valuation, $20,000,000. The population in 1895, according to
the State census, was 26.966.
Pella, Iowa—Bond O fferin g .—Proposals will be received
until February 15, 1896, by John Faassen, City Clerk, for the
purchase of $5,000 of 5 per cent water-works bonds. The se­
curities are dated April 1, 1895, interest is payable semi-an->ually in April and October, and the principal will mature
April 1, 1915, with an option of call after April 1, 1905.
Purchaser must deliver money February 25, 1896. If the
water supply is to be taken from a well now being drilled
$14,000 or more additional bonds will be sold.
The city’s b rnded debt is at present only $500 Its assessed
valoa'ion (which is ahout
of actual value) for 1895 was
8414,145; total tax per $1,000, $29 75. The population, accord­
ing to local figures, is 2,623.
Philadelphia, Pa.—B on d N ew s .—It is reported that no pro­
ceedings will beins'ltuted lo decide on the legality of $2,000,000 of binds recently authoriz -d for widening Delaware Ave­
nue in Philadelphia, as it has been determined that the loan
would not increase the city debt beyond i s legal limit.
San Leandro, Calif.—Bond O fferin g .—Proposals will be re­
ceived until February 3. 1896, by F. H Williams, City Clerk,,
for the purchase of $10,000 of 6 per cent electric-light plant
bonds. The securities will be dated January 1, 1896, interest
wilt be payable annually, and the principal will mature at the
rate of $250 yearly, in from one to forty years from date, pay­
able at the office of the City Treasurer.
Sioux Ci>y, Iowa — B on d Issu e .—Abel Anderson, City
Treasurer, w ires the Chronicle, in reference to a report that
$40,100 <f 4J£ per cent 10 to 20 year refunding bonds of Sioux
City have been authorized, that the securities are part of an
issue of bonds sold last summer to Messrs Roberts & Co., of
New York.
Spokane, Wash.—B on d O ffer in g —Proposals will be re­
ceived until March 2. 1896, at the office of George A. Liebes,
City Comptroller, for the purchase of $350,000 of 5 percent
g >Id water wores bonds. The securities are c ated January 1,
1896. interest is payable semi-annually on Januar y 1 and July
1, and the principal will mature at the rate of .$3\000 yearly
from January 1, 1907. to 1909, $35,000 yearly trom January 1,
1910, to 1912, and $40,000 yearly from January 1, 1914, to
1916. Both principal and interest will be payable at the State
Fiscal Agency, New York. This loan is issued to take up
the “ rheis & Birroll New Water Works Warrants,” amount­
ing to $300,OoO, and bearing interest at the rate of 8 per cent,
to complete the New Works system and to t xtend the same
tbr. ugh the district known as -‘Hillsdale.” They are not to
be considered a general debt of the city, having been de­
clared a contingent liability only (Supreme Court decision,
Winston vs. City of Spokane) and are payable out of the reve­
nues of the water system and not otherwise.
In connection with the official statement regarding the
above-mentioned loan the following statistics reliting to the
city’s finances on January 1, 1895, are given for general in­
formal ion:
Water honrls—Tine 1914, n per cen t...............................
*50,000
Water bimds—Due 19 8, 6 per ceut................................
70/100
500,000
Water bonds—Due 1911, ti per cent................................
General municipal bonds—Due 1911, 0 per cent............
700,000
Total........................................................................ *1,320,000
Floating debt ....................................... ..................... *194,343 87
Less cash on hand, applicable to payments of warrants..
30,311 42
Net amount of floating debt-................................ ......... * ’ 61,332 25
Assessed valua'ion. 1-95
.................... .................... *15.313,102
Actual valuation (approximated), 1895.......................... 25,000,000
Street grade, sewer and sidewalk warrants are omitted from
the statement regarding the city’s finances, as constituting a
contingent liability only, payment of which has been provided
for bv special assessments levied on the abutting property
benefited by such improvement.
South Glens Falls, N. Y.—B on d O ffering. —Village Clerk
J. H. S. McCarthy reports to the C h r o n ic l e that $50,000 of 4
per cent water-works bonds, which were recently authorized
by a vote of 201 to 17, will he offered for sale at public auction
in about three weeks. Interest on the securities will be paya­
ble semi-annually on February 1 and August 1, and the prin­
cipal will run for twenty years. The village has no debt at
present, and its real valuation is about $2,000,000.
S tiis a n , Calif.—Bond E le ctio n . —A vote will be taken Feb­
ruary 18, 1896, on issuing $42,000 of bonds for a system of
water-works. The town has at present no outstanding in­
debtedness and its assessed valuation is $326,966.
Swanton, Y t —B on d s A u th o riz ed —Bonds of this town to
the amount of $35,000 have been voted.
Texas.— W a rra n t Gall. —The Texas State Treasurer has
issued a call for registered general revenue warrants up to
and including No. 15,000 and aggregating $70,000.
Toledo, Ohio.—Bond. O ffer in g —Proposals will be received
until Feb. 17 for the purchase of $89,000 of 4}^ per cent 15 or
20-year school bonds.
Towaiids, Pa.— Bonds A u th oriz ed . —Four per cent funding
bonds to amount of $15,000 will be issued. Tbe loan will be­
come due February, 1906, with an option of call February,
1898.
Tttnkliannock, Pa — Bond E lection . — A vote will betaken
next month on issuing about $15,000 of sewerage bonds.

JANUARY35, 1396.)

THE CHRONICLE.

19T

All of the street improvement bonds are payable by special assess­
Troy, N. T .— B o n d O fferin g .— P roposals w i l l be re ce ive d
u n t il J a n . 37, 1896, b y James W . C o ffe y , C ity C o m p 'ro lle r, ment.
The sinking funds are divided into three separate funds, as follows:
f o r th e pu rch a se o f 110,000 o f
p e r c e n t w a te r-w o rk s bonds.
$1,884
T he se c u ritie s w i l l be d a te d Feb. 1, 1896, in te re s t w ill be p a y ­ Fund of 1S62............... $1,300,112 ( General fund................
Viaduct
funa................
703,287 | Total (par value).......... 2,005,283
a b le s e m i-a n n u a lly on Feb. 1 a n d A u g . 1a t th e o ffice o f th e
C ity C h a m b e rla in in T ro v , a n d § 5,000 o f th e p r in c ip a l w i l l
WATER WORKS-—The city owns its waterworks, the income from
m a tu re Feb. 1, 1908, and $5,000 on Feb, I , 1907.
which iu 1805 amounted to $601.492-07.
V ir g i n i a . — B o n d s A u t h o r i z e d .— T he V ir g in ia L e g is la tu re
ASSESSED VALUATION ETC.-The city’s total funded debt, sink­
has a u th o riz e d th e issuance o f bonds f o r § 300,000 f o r r e p a ir ­ ing fund assets, assessed valuation and tax rate for the last flfteen years
in g th e loss to th e U n iv e r s ity o f V ir g in ia r e c e n tly caused b y have been us follows. Real estate is assessed at about its actual value,
fire .
Total
Sinlduii
A ssessed
Tax Rale
F un ded Deb!. F u n d Asset*.
Tears.
Till tuition. p e r $ l ,000
1895..............
$2,005,233
$134,562,905
$28-50
2,330.500
189-1..............
132,839,905
28-10
1893.................... 7,623,000
128.515,990
27-90
2,131,702
W e s u b jo in re p o rts as to m u n ic ip a l debts re c e iv e d since 1892.................... 6,792,0002,150,998
121,280,215
27-50
2,027,050
1891..............___ 8,433,700
117,833,205
28-30
th e last p u b lic a tio n of our State and Cit y Supplem ent . 1890..............
2,028,895
99,614,055
29-30
Som e o f these re p o rts are w h o lly n e w a n d o th ers c o v e r ite rr S 1=•*;>.............
1,955,404
95,949,135
27-90
1888.................... 8,349,800
1,887,496
95,922,085
28-30
o f in fo rm a tio n a d d itio n a l to those g iv e n in th e S upplem en " 1887..............
1,802,294
93,628,410
28-30
1886.............. .... 8,035,330
1.733,724
91,084,406
24-80
a n d o f in te re s t to in v e s to rs .
1885..............
1,727.905
88,885,845
26-00
US44.1S2
85,978,500
25-50
B r o o k e C o u n ty , W . Y a .— Below ia a statement of the 188-1.............. .... 7,273.800
1883..............
1,553,601
84,190,060
27-30
fin a n c ia l c o n d itio n o f B ro o k e C o u n ty , w h ic h hag been co r
1,550,403
1882..............
82,884,212
........
1881.............. .... 7,009,116
1,657.877
79,586,156
........
rected to d a te by means o f a special report to the C hronicle 1880..............
.... 7.948.383
1,802,*71
73,647,194
........
fro m G , W . M cC o rd , C le rk .
* The iignres tor 1-95, 1894, 1893 and 1892 do not include the water
C o u n ty seat is Welbburgh.
The sinking fu n d receives
$ 7,380 a n n u a lly o u t o f the c o u n ty le v y to pay th e in te re s t a n d debt,

STATE AND CITY DEBT CHANGES.

principal of the bonded d e b t.
LOANSW hen D ue j SinWBt fund..................
$3,100
COBSTT Bonds--1679—
1Set debt Dec. 21,1885 . .. 108,150
6 -............$1.300............. ......... 1899 Tax valuation, real.........2,3*9.965
Subject to call at any time.
Tax valuation, personal. 71-2,433
Tax valuation, railroads - 596,601
Refunding Bond*—1*93—
S,698,99!)
4s. <emi-ahn., $106,500. ----- 1913 Total valuation 1895
Subject toeall after 1903.
Assessment about % actual value
statedeo.
tax
(per3
l.OOO)
$10-40
Bonded debCDee. 21, '05 *i 08,000
Floating debt.................. ’ 3,550 Population In 1890 was........ 6.660 .
Total debt.................. -... 11.1.550. population 1805 (estimated) $.000

P O P U L A T I O N . — In 1890 population was 261,333: iu 1880 it w a s
160,146: in ^*70 it was 92,829. Population iu 1895 (local estimate),
850,000.

T r e y , N. Y.— F ra n c is J . Molloy, M a y o r, T h e f o il tw in g
s ta te m e n t o f th e d e b t a n d g e n e ra l fin a n c ia l c o n d itio n o f T ro y
has been c o rre c te d to J a n u a r y 1, 189(1, b y m eans o f a sp e cia l
report to th e Chboniclk fr o m C ity C h a m b e rla in J . F , B rid g e m an . Ten th o u sa n d d o lla rs o f 3t<j p e r c e n t w a te r b o n d s are
Cleveland, Ohio.—Robert McKiason, Mayor, The follow­ offered f o r sale o n J a n u a ry 27. T h e s e c u ritie s are d a ted Feb­
ing statement has t een corrected to date by means of a special ru a r y 1. 1896, a n d $5,000 o f th e a m o u n t w i l l m a tu re F e b m a ry
report to (he C hronicle from City Auditor H. L. Roasiter. 1, 1903, a nd $ 5,000 on F e b ru a ry 1, 1907.
During the past jear several of the surrounding county towns
T ro y is s itu a te d in Rensselaer C o u n ty , and is re sp o n sib le
have been a n nexed to th e c it y o f C le v e la n d , a n d th e f o r no r fo r a tx m t fo u r-s e v e n th s o f th e c o u n ty d e b t, w h ic h on J a n u a r y
indebtedness o f th e to w n s has becom e a p a rt o f th e c it y d e b t. 1, 1896, a m o u n te d to $553,000.
T h is c ity is s itu a te d »n C u ya h o g a C o u n ty .
— Interest. - M n e ip m t,LOANSWhen Due.
Hate. Paynhte.
O u tttan d'g
Con.— NAME AND PURPOSE,
LOANSWAcrt Omr. School House <Bi>
B kidok Bosnia—
May. 1002 Bonds (funding)...... 1-968 e a
M A S Sept. t. 1*96
1»*». MAM,$300,000
C$20,000
•lo
5*, AAO, $ 1 6 , ...Out.. 1997 4>*», JAD, 175,000... June. 1002
do
0 6
MA 8
Sept 1, 1897
Cl 0,000
5*. AAO, 05,000.
Oct.. 1909 4 Ns, JAB, 100,000.1»cc. 1, U« 14
do
(funding).i9 6 0 e
7 J A .1 July 1, 1896
>-20,000
Sewer Bonds—
5s, AAO. 20,006. ...Oct., I960
do
do
do
c
7 J A J July i, 1897
>-10,000
iln
5s, AAO, 283.000____ Oct,, 190a 5s, AAO, $2,0 KJ.........Apr., 1800 i
do
1894 e
I .1 A »
June 2, 1907
610,000
5s, AAO, 20.000. . ,Ovt,. 1903 5s, AAO, 35.000......... Oct, 1806 .
do
do
e 4
J A B Jne2,'96to’1904
bl 60.000
4***, AAO. 74 000. .. Oct,. 1897 5*. VAO. 2..RMI ... Apr., 1*07
Maturing $30,000 or $25,000 each year.
AA " , ei.'.HH. ..
*% !, AAO. 60.000....... Oct., 1890
do
do
1887 r 3Hs F ft A
Aug. 12,1907
5.000
4s, MAS. 10,000........M*r„ 1900 i 5*.
AAO, 3.000........Apr,, 1888
do
do
3‘e
A Aug. 12,1898
15.000
4*. MAN, 30,000
--------.May. 1900 *v«, AAO. 63,000 ___Otst., 1898
do
do
20.000
A Aug. 12,1880
3%
4s. AAO, 69,000
•Oct.. 1900 ft*, AAO, 43,000...
Oct. 1.890.
dt>
A Aug. 12,1900
do
-1,000
3Hi
4s. AAO, 30,000.
AftO, 106,000........Oct, 1900
-Oct. 1902 ft*.
. i Aug. 12, 1905 -07)
Ca n a l B ondai 5*.
AAO, 32.0OO.........Oct.. 1001
do
do
3Hi
30.000
/ $10.000yearly. <
7», MAS. $26,006
Wept. ,1090 i 5s, AAO. 50,000......... Oct.. 1002
do
do
1887 r SH
J
July 11, 1907
cl 0,000
6a. MAN. 11.000
Nov. 1808 4 •*», AAO, 10,000.......Oct. 1897
A
Aug. 1,1996
17.000
9, adtu,
5s.
AAO, i.iu.wv,
150.000. . . . . ,t.J
1902 |4hi*. AAO. 20,000....... Oct., 1808 Bridge improvement........ 3 %
1976c 6
J J n trl,'96-1001
18.000
Elkvatkd Road was
struct iMFKOVt WKST Bonds— • City uall bonds
5s. JAB, $150,000 . _.June. 1903 0«.................*10,000.
Sept..1898
Maturing $2,000 or $3,000 each yetir.
5s. J&B, 232,000.... June, 1001 6*.............
14,670. Sept. 1900 parttiwnd,........ ............... 3 hi M ft
Muy 1, 1909
a t,000
4s, JAJ, 173,000....Jam, i»oi Os.
12,930..Sept., !!»0O
llO
Oct 1,1910
3 Hi A A
a 5.000
4 1, MAN. «0,00<> , .May. 1901 rts.............
11,080. Sept
1001
........
1895 3
do
J
ft
June
1.
1911
4.000
4s, AAO, $100,000. Oct. 1002
19.750
j.:., 1002
3
d
4
>
1803
J
ft
June
l,
1912
2.000
4s. .IAJ, 100,000 .
1908
........
4,000,. Sept., 1903
do
........ .......1805 3
J
ft
June
1.
1914
4,000
«S. JAB. 75,000. .Jarte, 1003
........
4.000, Sops.. 1SK11
M ft 8
Fire DBCAimtBirr—
------2.800. sept. 1005 Public tmililing,...... 1884 r
fls, ..... , $1,000 __ 1896 to -0s
AAO, 100.9-1. Apr. 1, 1896
M ft
do
Ncpt.ao, 1910
1.15,000
5s, AAO. 100,000....... Oct., 1902 i
AAO, 96,000.. Oct 1.1806
4l 4>
do
M ft N Nor.20, littt
19*6 r
<111,500
5s. AAO. 147,000........Oct., 1003 j
AAO. 83.666.. Apr. 1. 1897
do
do
..1893
A
ft
i>
Oct.
16,
1.901
8,000
FrJNDED DB8Ti 5s, AAO, Jii.OOo.-Oet, I, 1807
df4
do
A ft O Oet 16, '05 to'08
.1803
10,000
5s, MAS, *276,000... .Sept.l-ttoS
Street Opening Bond*—
1*10,000
doe
yearly.)
os, AAO, 26,000....Oct., 1807 4*. AAO, $00.000........\pr.ftOct
, i Ang. 1, 190.V07)
5s. AAO, 265,000,. Oct,. 1800
($5,000 sctnl-nn.) to Oct, 1900
do
do
... 1895 3>fl K * A
34.000
t $9,600 yearly. 5
5*. AAO, 156,000.... Oft., 1900
viaduct Bonos—
ut>
do
-.1895
3
H
i
F
ft
A
Atig. f, 1908
10.000
5s, AAO, 3 0 ,0 0 0 ... Oct. 1001 0»,
FAA, $500,000. .Aug., J900
do
do
ISSOr 3
A ft ()
Oct. 19, 1997
1.000
As. MAN. 100,000 .. Nov., 1901 Of*.
JAX>, 123,000 June, 1807
<io
r
3
A
4
1
4
1
ft
O
Oet.
19,
1890
20,000
5«. AAO, 227,000... Oct., 1902 ti«.
MAN, 100.000 .Nov.. 1897
<
Oct.
19,1900*402/
4$), AAO, 217,000....Oct., 1898
MAS. 1041,0041 M„r. 1898
do
do
V
I
V
.
a
18,000
- - $6,000yearly, 4.S. MAS, 117,000___Sept., 1898 6s.
JAB, 300,04)0. Jane. 1808
do
do
1891. 8
Feb, 17, Iiliil
V ft A
.2,005
4s, AAO. 46,060 ...April, 1902 6s,
MAN 170.04HI N.,V.1S08
do
8
1891
.
do
J
&
It
June
1,
>910
6.000
43, AAO, 1100,000..
WU,'
*».
Apr. 1,1901 5*.
JAB. 125,4)00..Jutt., 1907
do
4lO
1801, 8
J ft V
June 1, 1911
6,000
T ask Bonds—
AftO, 150,000.0.4 1,1004
Public
Itnprovcm’nt,
1898.
A
ft
4
o
Oet,
1.6.
1912
15.000
4s, AA'>, $400,000...Oct. 1,1020
Wate r W<m k $~do
do
1893. 1
A ft o
oet, io, 1913
40.000
4s. AAO, 500,000...Apr. 1.1024
$1,117 Sept., 1806
do
189.2 4
do
A ft o
Oct 10, 1914
40.000
Police siation—
Mft.9, 503,867. Sept., 1897
do
3SOI, 3% J ft n
Due. 1, 1910
15.000
5s, MAN, 820,OOf*...... Slav, 1001
1.410 1*39 ft'HO
do
1891.. 8 H ,1 ft i)
ft
20.000
Dec. 1, 1911
m a s , 278.000. . Mar.. 1000
4%’ MAN. 100.000 .... Nov., 1.997
do
1891 , 8 H J ft D
do
Dec. 1, 19X2
30.000
SctiOOt House (BT>BI)BCATI<in-|.
12,000. .Julv, 1903
5
Dec.
15.1605-'11
«S................ $11,000
1806 to '09
AAt.*". 400,000-Apr., 1902
do
1892. 3%» J ft D !
)io
70(000
) $10,004) yearly,
6s.............
30.000.3ep. 1902-'16
JAJ. 100,000 Jan.. 1902
do
4l4>
1892. 3% J ft I)
Dec. 15. 1912
5.000
5s, JAB, 106.1*00.......fane, 1903
A *0 . 20 0.000. Apr.. 1903
e . 4Aug. 1,190S)-'14?
5s. j& » . i04i,ooo.......fane. ioo«
AftO. 200.4)00.Oet 1.1005
do
do
1894. 3Hs rp ft
60.000
A >
, $10,000
wKiVwin yearly,
,.....ct« j4
4 V . MAN, 83,000.Muy 24, 1*96
MAP. 100.000. .Sept, 1902
do
do
10.000
1895. 3% J ft
Jau. 10.1918
PAR VALUE-—All bonds are tor $1,000 each.
do
4io
Jan, 10, 19U
3<e J ft
8.000
do
do
INTEREST Is payable at the American H-u-hattge National Bank,
25.000
1805. 3-i F ft
Aug. I, 1915
fl4)
.Sept. I, 1900
do
1690, 3 M ft
10.000
New York City.
do
do
Hept.i, 1901
M ft
3
10.000
TOTAL DEBT, SINKING FUNDS, Etc. -T?m*subjoined Mateineat ,
do
d4
>
3
Sopt 1, 1902
20.000
M ft
shows LfeTfeLind'53 totfii rotiisielfttl debt. the
fund hold 'by the do
do
•Mft
s e p t l, 1908
3
20,000
d
o
do
M
ft
16,000
3
sept,
t,
1904
«ily against the
flic water debt, and fche d tj's boating debt, on
( Deo. l,190D-’O8)
do
do
the' ftr*t of J&xm&ry of each of tbo last four years.
3
J ft
( $ 10,000 yearly S 40.000
do
in m ,
i$ m .
1
m n.
ill)
1893.
1*91. 3
June 15,1908
10.000
<T A
Total bonded debt,....$7.21,5.211 .?^rrtm xjH W .-S7.02'Ajmn .*0,792,000
do
do
10,000
issn. 3
Juno 15,1005
J ft
Smitloif hmrta,.. . . .
2,005,283 h$d0,500 "'.1.81,702
*-*
(io
2,150,998 i d o
June 15,1906
J ft
10.000
1891
. 3
do ■
do
1)043, 1, 1909
.1 ft
8,000
3
^*et debt ,hm . I .. f5,209J»2*4 #5,732,590 $5,441*229 3
do
^ 1,035,002
do
M ft
10.000
1801. 3
Sopt, 1, 1908
Water debt addin. . $1,798,213 i 1.775.000 #1,775,000 *1.775,000 i d o
20.000
do
1891. 3
seat, I. 1909
M ft
WUmflm debt,.......... $ 083, \m
m m .t n 4
'327,807
137,680 ; Ketisselai-r St Imp. 1*95. 3>g M ft
SNov. 1, t000-'0*)
25,000
Io “.oti bonded dobf,..
| 50d.002
72,870
f70,906 i
t $5,000 yearly.! i

MW335S3?}

t

[Vox. LXI f,

THE CHRONICLE.

198
LOANS-

NAME AND PURPOSE.
Water Works Bonds:-

HISTORY OF D E B T .—F o r a h is to r y o f P e n n sy lv a n ia ’ s S tate d e b t
---------Principal.--------- When Due. Outsland'g• fro m 1 78 9 to th e p re s e n t tim e, see th e S t a t e a n d C i t y S u p p l e m e n t o f

— Interest. — <
Hate. Payable.

1893, p a g e s 63 a n d 6 4.

T he d e ta ils o f the d e b t as i t n o w e x is ts a re

5
M & N M ay l ,'9 6 t o l 9 0 2 a $ 4 0 ,0 0 0 ! su b join ed .
Issue o f M ay 1 ,1 8 7 9 ........ e*
LOANS—
-—
.— . ,----------Principal,---------- M aturing * 1 0 ,0 0 0 e a ch e v e n yea r.
When Dae. Oulstand’a.
,
ni,
,
in,
F
& A A u g. 1 , 95—1901
<122.500
NAME AND PURPOSE.
do
A
g
ricu
ltu
ra
l
C
o
lleg
e
b
ds,
7
2
.r
6
F
&
A F ob. 1, 1 922 $ 5 0 0 ,0 0 0 '
M aturing $7.r>00 o v a ry third y ea r f r o m 1896 to 1904.
F u n d in g lo a n , 1 8 8 1 .......................r 4
X & A Fab. 1, 1 9 1 2 4 ,5 2 1 ,2 5 0
d
o
c*
.li«
F
«.t
A
A
ug.
1
,1
9
0
7
—
10
_
^
9,0
00
do
1 8 8 1 .......................r 3 1 3 F & A F eb . 1, 1 9 1 2 1,642,900"
M a tu rin g ^ , 0 0 0 e v ery th ird y ea r from 1907 to 1919.
5 H eld in S tate )
P ro c e e d s o f fa rm sale, 1 8 8 7 .. .
6
Q u ar. ( T re a su ry . 5
i.o u ir
A
p
ril
l
!
1
8
8
0
.c*
Oh,
A
*
^
O
.O
O
o
'
do
P a st due.
1 3 5 ,159 1
bio,000
U
n
fu
n
d
ed
d
e
b
t
..............................
H
as
ceased.
A
*
O
A
p
r.
1,
1
90
0
'
’
"
"
3*e
<lo
do
1.10,000
PAR VALUE OF B O N D S .—T hose b o n d s a re in p ie ce s o f $50, $100
3«* A A O A p r. 1, 1901
do
do
. JAug. 1'96 to 1900) b 2 5 ,0 0 0
an d m u ltip le s o f $ 10 0 .
.A u g u st 1 , 1 8 8 1 . 0 * 3>s *' “ A ) $ 5 ,0 0 0 yea rly ,
do
INTEREST o n th e A g ricu ltu ra l C olleg e lo a n is p a y a b le a t th e S ta te
,, .
May 1 1 9 1 0 t o ’ 1 9 ) b50,000
M ay, 1883.0.* 3>t
do
$ 5 ,0 0 0 yea rly. S
T re a s u re r's o llico in H a r r is b u r g ; o n a ll o th e r b o n d s a t F a rm e rs ’ &
e 5 ,0 0 0
J
&
D
June
1,
1903
4
J u n o 1 ,1 8 8 4 .r
do
<:5,000 M e ch a n ics' B a n k in P h ila d elp h ia .
J A D June 1, 1904
4
do
do
c 40 ,0 0 0
TOTAL DEBT ETC.—T h e su b jo in e d sta te m e n t sh o w s P e n n s y lv a ­
. 4.
J A D June 1 ,1905-’09
do
do
Maturing $10,000 yearly, omitting 1907.
n ia 's to ta l p u b lic d ebt, th e sin k in g fu n d h e ld b y th e S tate a g a in st th e
do of Novein. 2,1885 r 38.
& N
Nov. 1, lO ll
a$o,000 sam e, and th e S tate’ s u n fu n d e d d eb t, on th e d a tes in d ica te d ,
» 5 ,0 0 0
8,i„
do
r 3>a M & N
Nov. 1, 1912
8
Dec, 1 ,1 8 9 5 . Dee. X, 1 894. Dec. 1,, 1893.
u 7 ,5 0 0
'do
llo
r 3 s, M * N
Nov. X, 1914
$ 8,2 8 8 ,0 6 1
a 7 ,5 0 0
$ 6 ,8 1 9 ,6 6 1
T o ta l p u b lic d e b t ........................ $ 0 ,8 1 6 ,3 0 9
a do
do
r 3hi M & N
Nov. 1, 1915
5,883,065.
4,775,008
al.OOO S in k in g fu n d s ...............................
<1,906,989
Jdo
do
r 3*s M A N
Nov. 1, 1917

Interest
P-Ot. Pai/able.

1

0 { % ^ Z % 99\
i

m

J

N e t d e b t ................................... $ 1 ,8 5 9 ,3 2 0
$ 2 ,0 4 4 ,6 5 3
$2,4 04 ,9 9 6 U n fu n d ed d e b t (in ci'd a b o v e ).
1 3 5 ,1 5 9
1 3 8 ,5 1 1
1 3 5 ,21 1
A m o u n t o f d eb t red eem ed.........
3 ,5 o 2
1 ,4 6 8 ,4 0 0
106,401
INTEREST is p a id a t otlice o f C ity C ham berlain.
T he s in k in g fu n d o n D e c e m b e r 1 ,1 8 9 5 , h eld th e fo llo w in g s e cu ritie s r
TOTAL DEBT, SINKING FUND, ETC.—T h e sub join ed statem ent j A lleg h en y V a lle y R a ilro a d b o n d s, $ 1 ,4 0 0 ,0 0 0 ; in te re s t o n s a m e ,
sh o w s T r o y 's to ta l m uuioipal d eb t, th e sin kin g ftm d held b y the city j $ 2 9 ,1 6 7 ; U nited S tates 4 p e r ce n t co n s o ls , a t 1 1 1 1*, $ 3 ,0 8 7 ,1 8 7 , a n d
a ga in st th e sam e, an d th e w a ter d eb t, on the dates indicated.
ca sh , $ 4 4 0 ,6 2 5 ; to ta l, $ 4 ,9 5 6 ,9 8 9 .
T h e u n fu n d ed d eb t m e n tio n e d in th e a b o v e ta b le o o n sists o f r e lie f
Jan . 1 ,'9 6 . J an . 1, '9 5 . J an . 1, ’ 94. Jan . 1 /9 8 ;
T o ta l m un icip a l d e b t.$ 1 ,2 0 8 ,2 6 0 $ 1,1 8 2 ,2 6 5 $1,0 90 ,7 1 8 $1,0 05 ,7 0 0
n o te s in c irc u la tio n , in te re st ce rtifica te s u n cla im e d , in te re st c e r tifi­
67,463
65,000
...................
'
**"“
*
"
65,601
Btuk. fun ds, caph, e tc .
6 8,2 40
ca te s ou tsta n d in g , an d b o n d s p a st d u e u p o n w h ich in te re s t has.
$93 8 ,2 3 7
cea sed.
N et m u n icip a l d eb t. ..$ 1 ,1 4 0 ,0 2 6 $ 1 ,1 1 6 ,6 6 4 $1,0 31 ,7 1 8
351 ,00 0
2 4 8 ,4 9 3
W ater d eb t additional
2 9 3 ,5 0 0
ASSESSED VALUATION ha s b e e n as f o l l o w s :
38,713
S tu klngT u nd s, e t c . 42,4 62
a B ond s fo r $ 1 , 0 0 0 each, b B o n d s fo r $ 5 ,0 0 0 e fe h . c B on d s fo r
$ l o , 0 00 each. <1 B on d s fo r $ 50 0 , e tc. y B on d s fo r $ l ,0 0 0 and $ 1 0 ,00 0

N et w a ter d e b t............

$ 2 9 9 ,5 1 7

$ 25 1 ,0 3 8

$ 31 2 ,2 8 7

WATER B O N D S .—T h e in terest a u d p rin cip a l o f th e w a ter w ork s
b on d s a re p ro v id e d fo r b y th e W ater C om m ission ers from w ater ren ts.

ASSESSED V A L U A T I O N .—The city ’ assessed va lu a tion and ta x
rate have b een as fo llo w s, p ro p e rty h a v in g been assessed a t abou t full
v a lu e sin ce 1 8 8 5 :
Years.

Heal.

Rate of Tax
per $1,000.

Assessed Valuation.
Total.
Personal.

$ 4,8 51 ,2 5 1
$ 4 7 ,41 7 ,9 8 7
$19-86
1 8 9 5 ...................... $ 4 2 ,5 6 6 ,7 3 6
4,7 9 9,57 5
46,9 87 ,3 8 8
19-80
1 8 9 4 ...................... 4 2 ,1 87 ,8 1 3
4 7,0 73 ,3 5 2
19-96
4 ,9 3 3 ,9 7 7
1 8 9 3 ...................... 4 2 ,1 3 9 ,3 7 5
5,0 9 3,26 5
4 7 ,2 36 ,3 2 7
19-55
1 892 ....................... 4 2,1 4 2 ,0 6 2
47,2 53 ,1 8 3
19-80
5,1 9 2,48 5
1 8 9 1 ...................... 4 2 ,0 60 ,6 9 8
185 ,1 9 8 ,0 0 0
4 7 ,0 48 ,2 9 0
1 S 9 0 ...................... 4 1 ,8 5 0 ,2 9 6
4 8 ,1 81 ,4 2 2
195 ,4 9 1 ,3 2 0
1 8 8 9 ...................... 4 2 ,6 9 0 ,1 0 2
48,0 52 ,8 7 2
1SSS...................... 4 2,4 5 4 ,4 4 5
5 ,5 9 8 ,4 2 7
17-20
T h e t a x rate fo r 1895 in clu d e s S tate a u d co u n ty t a x $5-86 aud c ity
t a x *14-00.
P O P U L A T I O N .—I n 1 89 0 p o p u la tio n w a s 6 0 ,9 5 6 ; In 1880 it w a s
5 6 .7 4 7 ; in 1 870 it was 4 6 ,4 2 1 . A c c o r d in g to lo ca l au th ority the p o p u ­
la tio n in 1 8 9 4 w a s 6 5,0 00 .

Pennsylvania.—The following statement of Pennsylvania's
State debt, assessed valuation, etc., has been corrected by
means of an official report to the Chronicce received Decem­
ber 18, 1895.

INDEX

TO

STATE

Years.

Real.

-Assessed Valuation.Personal.

Total.

$3,241,068,024
$ 7 7 0 ,0 4 9 ,8 2 0
1 8 9 5 ........................... $ 2 ,4 7 1 ,0 1 8 ,2 0 4
3,047,573,8536 5 8 ,3 4 1 ,1 0 5
1 8 9 4 .......................... 2 ,3 8 9 ,2 3 2 ,7 4 8
2,958,775,794
6 0 7 ,5 8 5 ,7 5 7
1 8 9 3 .......................... 2 ,3 5 1 ,1 9 0 ,0 3 7
2,899,774,9895 9 1 ,0 0 7 ,5 5 8
1 8 9 2 .......................... 2 ,3 0 8 ,7 6 7 ,4 3 1
1 8 8 9 .......................... 2 ,0 0 2 ,9 4 2 ,1 2 7
.....................
................... 1 8 8 8 ........................... 1 ,8 4 0 ,4 3 3 ,5 4 0
.....................
.....................
T h e a b o v e d o e s n o t in clu d e v a lu a tio n o f ra ilro a d p ro p e rty .

Reading, Mass.—The following has been corrected to date
by means of a special report to the Chronicle from Edward.
F. Parker, Town Treasurer.
This town is in Middlesex County.
LOANS—

When Due. 4 s, J & D , $ 5 0 ,0 0 0 .J u n e , ’ 16 t o ’ 20’

45
E l e c t r ic -L ig h t B o n d s —
11A & O , $ 9 ,0 0 0 ........... O ct. 1, 1 89 6
4 s,
($ 1,0 00 d u e y ea rly ) to O ct. 1 ,1 9 0 4
4 s A & O . $ 4 0 ,0 0 0 ........O ct. 1, 1905
($ 2,0 00 d u e y e a rly ) to O ct. 1 ,1 9 2 4

School B onds—
4 s, A & O , $ 2 2 ,0 0 0 ....... 1 898 to 1908
($ 2 ,0 0 0 d u e y e a rly .)
4s, A & O , $ 2 1 ,0 0 0 . ... 1909 to 1915
($ 3 ,0 0 0 d u e y ea rly .)
W a t e r B o n d s—
4 s, J& D , $ 1 0 0 ,0 0 0 . J u n e , ’9 6 t o ’ 15
($ 5,0 00 d u e ye a rly .)

($ 1 0 ,0 0 0 d u e y e a rly .)
4s, J& D , $ 5 0 ,0 0 0 ____ J u n e 1 ,1 8 9 8
($ 2 ,5 0 0 d u e y ea rly ) t o J u n e 1, 1 9 2 2
In te re s t p a y a b le In B o sto n .
T o ta l d e b t J an . 1, 1 8 9 0 . $ 2 9 9 ,0 0 0
T a x v a lu a tio n , r e a l........ 3 ,2 6 4 ,5 2 8
T a x v a lu a tio n , p e rs o n a l
4 2 6 ,9 7 9
T o ta l v a lu a tio n 1 8 9 5 ... 3 ,6 9 1 ,5 0 7
A ss e ss m e n t a b o u t a ctu a l va lu e.
T o ta l v a lu a tio n 1 8 9 4 ... 3 ,4 4 8 ,1 9 8
T o ta l t a x (p er $ 1,0 0 0 ) ’ 9 5 . ..$ 1 5 -5 0
P o p u la tio n in 1 8 9 0 w a s ......... 4 ,0 8 8
P o p u la tio n ill 1 8 8 0 w a s ......... 3 ,1 8 1
P o p u la tio n in 1 8 9 4 (est’ d ) . . . 4 ,7 0 0

D eb t C h a n ges c o n tin u e d o n

CITY

page 203.

B E fW T N T E N T .

In the fo llo w in g in d e x referen ces are g iv en b y volu m e (v.) an d p a g e (p.) t o e v e r y item re g a rd in g S tate, city , t o w n o r c o u n ty fin a n ces w hickas been published in th e C h r o n ic l e sin ce the issu a n ce o f the la st St a t e a n d C i t y S u p p l e m e n t , A p r i l 1 3 ,1 8 9 5
Item s In th e cu rren t n u m b er a re n o t n oted in the index.
F u ll-fa ce ty p es refer to la test rep orts o f tota l debt, assossed v a lu a tio n &o.
T his In d ex w ill b e p u b lish ed in tb e St a t e a n d C it y D e p a r t m e n t o f th e C h r o n ic l e o n th e la st S a tu rd a y o f e a ch m o n th .
dams Co., W w b .........V. 01, p. 4 4 1
A drtan.
Mich— V. 60. p. 7*2, 700: V.

01, p. 1120,1103
Altken, Minn.............. V. 00, p. U7U, 1114
Altkeu Co., Minn..
V. 60, p. 894, 1114; V. 01, p. 338
Akrop, N. Y.........................V. 01, p. H03
Akron, O....................... V. 01, p. 331), 483
Albany, Ga................. V. 01, p. 840,070
Albany, N. V... V. mi. n. 8 4 8 . » » 0 5 V.
Oi. p.
7tW ; V. o2, d. 4 9 . 147
Albany Co., N. Y ............... V. 01, p. 1163
Alexander Co.. Lll.,
V. 0o. i*. 8 0 9 ; V. 01. p. 103
Alfalfa Irr. Dlat., Neb ...V . 01, p. 1074:
V. t*2, p. 40
Allegan. M ich..................... V. 01, p. 211
Allegheny. P a ..V . 60. p. 700,84b, UiO,
1024, &114; V. 01, p. 37, *08, 570, 072,
803, H86
Allegheny Co.. Po... V. 01, p. J031, .0 7 1
Allunee, o ................. V. 6 1 , p. 211, 483
Alpena t o ., Mich........ V. 00, p. 722, ho?
Alpine. Cal........................... V.0«». p. 7«-2
Alton, III............................. V. 01, p. 292
Altoona, Pa.................. V. 0J, p. 438* 183
A 1th, O. T ............................V.01, p. 627
Ambler. Pn.......................... Y. 01, p. *85
Amb-jr. Ill.........................V. 60, p. 8 0 9
Amboy, Minn.,
V. 00. p. 070. 1 1 5 9 ; V. 01, p. SO
Anaconda. Mont................. V. 01, p. 124
Andrew Co., Mo...... V. 61, p. <0311,1120
Ann ArtM»r, Mich................V . 6 1 , p. 103
Anniston. Ala.................... V. 01, p. 1074
Ansonia. Conn.,
V. 60. p. 1114; V. 01, p. 87
Antwerp. N. Y.V.OO, p. 807; V. 01. p. 38 1
. Antwerp Co. N. Y.............. V. 00, p. 722
Apache Co., Art*......... . V. 62, p. 1 4 9
Appanoose Co.. la............... V. o f, p. 072
Appleton, Minn................. Y. 60, p. 807
Appleton. Wis.................. V. 61. p. 4 8 5
Argentine. Kan............... V. 61, p. 7 0 8
Arizona. V.60, p. 7 6 2 ; V.01, p. 124,483

A rkansas............................. y . 61, p. 5 7 0
A rlington, M ass .........V. », p. 941,1103
Arom a. Ill............................y . 00, p. 8 0 9
A roostook Co.. Me.,
V.
, p. 807, 1114 ; V.
, p. 81, 103
A s bury Park, N. J . . .. V. , p.
8 , t03
Anbury Park . D.. N. J . . V. , p. ]
Ash ami Ky . . . . V . 01. p. S 3 , tfeo, >85
Ashland Co., W is ................. V. , p. 81
Ashtabula, O. .V . 60, p. 722, 971); V .
,

0

00

0101 7 1
8
01 4 4
61
61
A so tin Co., W a sh ............. V. 61, p .*441
Assum ption, 111........... V. 61. p. 672, 840
A storia, ill............................v . 0! p.iu 74
A storia, O re.........................v . m , p. 1031
Athens, G a.......... V. 61, p. 124, ',c2, 803
A thens Co., O......................... V . 60, p. 722
Atlanta. G a .......... V.
. . 722, 760,1024;
V. 01. p. 970; V . 02, p. 147
A tlantic City. N. J ...V . W , p. 976,1024,
10'*0.1111;. v . f l , p.fc03
A tlantic Highlands* N. J.,
V
V. 60. p. 700. t*94,940
A ttleborou gh , M ass.V. , p. 1031, 1163
A uburn, M e ............V. , p. U 5P; V.

00 p

01
00

01

A uburn. N Y ..............y . fl0, n. 894,1024
Augusta, K an........................V. j, p. 292
Aurora, 111. V. 00, p. 1114; V.01, p. 37,81
A u ro ra , In d ......................... V . d f ,p
A urora 8. i»., No. 4, 111— y . c i, p. * 1 4
Au stin, T e x ..V .
, p. 979.
,
„ 1070, 1159; V. 61, p. 37, 108
A von. N. Y ...................V. L, p. 438. 483
A v on dale, O ............... V. 61, p. 941, 976

0

.&40

00

6

8

allard . D.. No.50, W ash.,
^ 6 1 , p. 2 4 9 , 4 8 8 , 7 1 8 , 1126
UHltmiore, Md.,
V. 60, p. 700, 894 ; V. 61, p. 124. 211,885
Hannock Co., Id a ................. V .0 1 p
Barnstable, Mass.................. V.
p. 078
Burro, y t ................................ vr. (52. p. 147
Battle Creek, M ich.. V.
. p. 1024,111*1;
T . 01, p. 8 1 , 2 9 2 , 8 0 6

B

eo, 941

00

Bay City, M ic h . Y. 60, p. 700. 9 8 2 .1 1 1 4 ; B on d H ill, O ..................... Y . 61, p. 81, 438
V. 61, p. 438. 484, 840 B oon e, l a ............................... V . 60. p. 1114
Bay County, M ich — Y .6 1 , p. 1031,1074 B oon e Co., W . V a ................. Y . 61, p. 81
, p. 250
Bayfield, W is ........................ V.
B oon e Sch. D ist.. l a ... Y. 60. p. 1070; V.
Bayfield Co., W is.. V. 61, p. 260, 438, 7 j 8
61. p. 11^9
Bayonne, N. J.V .
, p 1114; V . ,p . 124 B oon ville, I n d .V . 61, p. 1126; V.62, p. 49
Beardstow u. Ill...................V. GO. p 8 0 9
B oston, M a s s . . . . V.
, p. 1114,1159; V .
B eatrice, N e b ............V. 61, p. 1074, H 03
61, P. 8 3 8 , 339, 527; 579, 072. 1120,
B ed ford, l a ........................... V. (', p. io70
1163; v * , p. J
Bedford, P a ..........................Y . 60. p. 1070
Boulder. C o l.......................... V .6 0 , p. 807
B elfust, M e. .
V. 01, p. 672, 7t)2, 803 B ow ie. T e x .............................V . 61, p. 438
B elleville, 111........................Y . 60. p. 8 1 O B oy d Co., K y ..........................V . 61, p. S 3
B elleville. N. J ...V . 00, p. 894, 940, 979, Boyd Co., N e b ..................... V . 01. p. ^ 1 4 1155; V. 61. p. 103f Bruddock. P a .......................V. 60, p 1114
B ellevu e, P a .................. V. 61, p. 672, 7r2
B radford, M ass....... Y . 61, p. 81, .92, 941
Bellows Falls, V t .........V. 01, p. 124, 163
B rad ford, Pa. . .V . 61, p , 1074, 1 0 7 5
B elin on d, l a ........................... V. 61, p. 579
B rainerdS ch .D is., M in n .Y .
, p. 0 7 3
Belm ont, M ass...................... V . 61, p. 292
B rattleboro, V t ..............V. 61, p. 81, 163
Belm ont, W is. V . 61, p. 3 7 ,124,29V, 339. Brazil, in d ...............................V. 61, p. 976
626 B ridgeport, C on n ................V .
, p. 9 8 0
Beltr.hoover, P a ................. Y . CO, p. 1070 Bridgeport, P a ................
V. 60, p. 722
Beinent. I ll ........................ V. 60. p. 8 1 0 Brim tield. I ll........................V . 60, p. 8 0 9
B en ton Co.. l a ........................ V. 61, p. 885
Bristol, Conn.,
B erkeley, C a l........................ V. 61, p. 803 „ . . .
V .6 0 ,p . 940; Y . 61, p. 124, 211
B erk eley Co., W . V a ..........V . 61, p. 1126 g r is t o . T e n n ..............Y. 61, p. 384. 4 8 5
Berks Co., P a ...................... V. 61, p. 5 HO B ristol Co., M ass.......... Y . 61, p. 384; 438
B e th e l.C o n n ............... V .0 1 , p. 8 8 5 . 941
B rockton, M a ss.. V. 60, p. 722, 940, 979 ;
B exar Co., T e x a s — V. 61, p. 976, 1074. u
, „ , ,
v . 61, p. 579, 626, 672,1031
1 1 0 3 B rookfield, M o ...................... V. 60, p. 894
Billings. M o n t..........................V. 62, p. 49 B rookline, M ass.. .V .
, p. 722,
; V
B ingham ton, N. Y ..V . 60, p. 894, 1070;
61. P* 941
V. 01. p. 163. 250, 976; V . 02, p. 147 B rooklyn , 111..........................V. 61,
p. 941
B irm ingham . Ala.,
B rooklyn, N. Y . V . 00, p. 940,1024,1070,
V . 00, p. 807, 1114, 1159; V . 61, p. 338
1114 ; V . 61, p. 81. 211, 292, 579, 672.
B loom field, N. J ...................V. 01, p 1126
718, 803, 885, 941, 1031', 1074, 1163; V.
B loom ington S. D., I ll ___V . 01, p. 3 6 4
BiOomington, W is ..............V . 61, p. 1120 B room e Co., N. Y ................Y . 61?p.
dloom sburg, Pa.,
Brow n Co., S. D .....................V. 61, p. 885
V . 60. p. 1070, 1114 ; V. 61, p. 163 B row nsville. T e x ....... V . 00, p, 722,1024
Blue Earth City, M in n .V .61, p. 627, 718 B row ntow n , M inn.,
B lue Island, III.......................V. Cl, p. S 3
V. 01, p. 250, 339, 527
Bluflton, O .....................V . 61, p. 579. 762 Brunswick, M e .....................V . 00, p. 1024
Blunt, S. U ...............V . 01, D. 941, 1 0 3 1
Brunsw ick, M d ................... V . 00, p. 1169
B oise City Id a ............ V . 61. p. 702, 941
Buchanan, M ic h .......... V , 02. p.
. 147
B olivar, M o............ V . 61, p. 81
Buda,
......................... ..........T . 60, p .7 2 3

00

01
01

00

6

62 0

00 1
00

00

700

1163

111

101

THE CHRONICLE.

Jjunxasv 25, 1S96.J
IN DEX

TO

STATE

AND

C IT Y

19a

DEPARTM ENT-CONTINUED.
Frederlcksbnrg, Ya..........V. 60, p. 1115
Fredonia,
Hi xY..................
p.*722
— ......- *V
... . . . . . . . ---- *.Y.
» '-Qv,
,* f
Fremont, Neb................. . Y. 00, p. 760
Fremont Co , Vfyo----- Y. 60, p. 722, 8ftj
Fresno, Cal . . . . . Y. 60, p. 8H. 97ft, 1161
Fulda. Mine..........
,..Y . 01, p. 25o
Fulton. Mo— . .V. 60. p. 807,979.1115

T ackson, Mieh.V. 61, p. 37, 81, 212,330
Bwfflrio. N. Y.-.V .0G p -1 0 7 0 . 1 1 1 4 . : Cromwell, Cotm..................Y. 61* J*. 885 i
*f
ackson., Tenn.Y.
60, p. 7*45, »»•,
010, iwr
i06l
/ ucmuu
xouu. 1.wi,
V. oi. p. *250.282, 073,718,
; V. Cro»*l3ton. Minn............... V. 60, p. 722
Jacksonville. F la....... Y. 61, p. 161. 580
"2. p 10 Cuba, II!.................... .Y. 01, p. 211
,
Culpepper,
Ya
..Y.
01.
p.
211
;
V.
^
Jamaica,
X. Y
3*. 60,jp. 760; V. 01, p.
Burl hurt on, v t.................V . 6o. p. 11M*
. _
j
8» ; Y. 62, p. 102
BiurUagiofi, W is..........-V- 88*P -10*
Cuater Co« M ont.....Y. 60. p. 8*>7. H>2l
Jamaica Un Free S. l>. So, 2. N. Y.,Y.
____ ________ Gl, o* 7 6 3
”
1 ^Co.. O .. ”V. &), p y-y
“ ; -Y. 01,
'
T. m, p. 1159 Cuyahoga
fSAheU Cm W. Ya..
p. t m .
V. 0S. p.4$
. - .
Y. 60,
60, p. 1071; Y. 61. p.
Calliorma ......... ..V. 6C p. 163.210, it
jQ alias. T ex— V.
Calmar. la .....
.... V. 01, j>. S85, l«3i
211,*30,292, 481.1031 j
Cambridge, 111... . . . . . . . . . . . . . V. 61, ©. Si :>ailas City, Ore.*.... — ,V. 6i~ p. 7 6 4
«i. p. USB
Cambridge, InC..... — .. Y. 60, p. 8 9 7 Dallas Co., Tex,
Cambridge. Mas,-*.. Y. 60, p. 7<&k905 * V. Danbury, Conn..,....... .
Y, 61, p. soa
61, p. 484,885, PCI, 976, 1*?73,1It4 Danvers, Mass........ Y. 60. p. 07ft, 1115 Gardner, Mass
*' rP'
*9!? Jefferson Co*.*, Wash . . . . . . Y. 61, p. 4 8 5
Camferwge, 0„
__ V. 60. p. S*8,1070 OanMlie, III. ..... .. . . . . . . . Y .60, p. 8* 1 Garfield Co.. Wash
*if *r.‘ 6l»P: J
ersey City,N.J.......... Y. 61, p. 726, 763
Caniftiidee. WJs......... . .. Y. 6t„ p. 107-4 Darlington. Wis — ..... — Y. 61, p. 579 ■Garrett, Ind— ...
. 81 p 2i1,3gi Johnson, Vt
Yt . .....................v. .0
], p .:
61*
Davidson Co., T e o n ...Y .60, p.67ft. M8 : Genera, O .....
Camden, X . I ............. .V .61, p. 71S
----..V. 62, p. 102 Johnson
~'
Co..
Me .
Y. dl( p.SS6
Camden, F a,,..................... Y.01. p. 9^5 0:4wy*;»tA Ga .......
V. 61, p. 103i Geneva S. D„ N. Y ...V . 61. p. 163,
. ___ 25'• Johnson Co.. M o......
V,
81.
p. 1074
CampbelI Co. S- JD.. ...... Y. 60, p. 1115 0«w«;tB Co., Mont.*...........V. 61, p. 762 Georgia. . . . . V. 60, p ,848;
IS; V. 6
'
81,p.
112*
GaL...................v.
x p.
Y.o01.
p.ora
073
CanaadaMraa. S. Y. Y.
p* kM. 1113 Dayton, K r.......... V. 61, p. 627. 71ft, :62 . Gibbon, Minn................... Y. 61, p. 339 Julesburg.
Juneau. \Yis............V. 60 p, SlS. 9 4 0
Canby. Minn ..... ...... ....Y. «0. p. 8*« Dayton, 0 . . . . . . . . . . . . . . . . . . . . V. 60. p. 807 : Gibson
City,
III.......
—
...Y
.'lt
p.
S
I
Juniata.
P
a..........
.......V. 61, p. 5S0, 88*5
•'smfi&ht. Cl____
. V. 0 *, p. JMO: Doarborn Co... Ind.. . . . . . . . . Y. 61, p. 48% Gila Co.. Arts..... V. 61, p. >-7, $64.1031
..............., . . V. So. p. l»I5 Decatar, ffl..Y.60, p. a l l ,
C-mton, I I
V .81, : GUbCNft. S .Y .. ................. Y. SI, p. 1074
Canton, Miss................ ... v . 01, p. ^0
ft. 1074. itss i
K alamazoo, Ylieln,
V. 81. p. 888. 978,1127
,Y. 62, p. 102 Girardville. Pa......V. 01, p. S I l; V.p.02.
■■Canton. O___ __ Y. 00, p. 7*24. 5»JfUs Y. Deekertown, S. J ,.
.......V. «!, p. 1t>;j Glad win Co., Mich ......... Y, 01, n. 50 Kane Co. School Dist., III.. V. 80. p. 940
03. p. 1*24, 211, $3V, 762, 0 7 6 . 1.126; Deerdeld,
Y.
p. 101 Deenleld, WIs....... ............ Y. 61, p, 37 Glastonbury, Conn— . V. 81. p 719, KG Kane, P a.. . . . . . . . . . . . ____ V. 01, p. 1074
v . 01. p. *295
Canton l*n. 8. D., Ill,......V. 61. p. a 14 DeSanee, O . . . .. ___ ........V. 01, n. 1120 Glen Cove. N. Y .... .. V. &), p. 1071 Kansas.............. .
______ Y. 60. p. 804 :
.4 Gieu Co*.cal ................ ..Y..60. 0. 7 0 3 Kansas City. Mo—
Canyon C»- Idaho. Y “ I p 338,&87 Delawar« . ,..., . Y. 60, j> im\ P1.2
V. 81. p. 80,2 HI. 884, 0 7 3
Cane Stay, H. J ... V, 00. p. 722 9-C, M o; Delaware Co.» C l... .........V. 60, p. 1024 Glen
Fall*, N. Y....... ..... Y, to, p. 50' Kansas City S. D. Kan.. . \\ 81, p.
$
V. 61, p. 883,1031,1071. I 07 0 ; V. *2, Delaware Co., Fa.., — Y. 61. t*. 1 0 3 3 GlenvtUe,
o ....... Y. 61, p. 80L tm, 1127 Kasscrn. Minn.,
ft, 10 f Ehidptoos, O.......
....___v. 01, ft. 679
Co., N. J ........ V. 61* p* 579
V. 80, p. n 15; v.81, n. 37, 10#, ig#
Cape Yieoent, S . Y..... -....Y . 6*\ p.f-Oi Denton Co., T ex... ........ Y. 61, p„ &7$ Gloucester
lOtlienhurg. Net>............. V. 61, p. 804 Kaufman Co,, Tex.........,Y. 80, p. 7*2.3
Carbon Co., St-mt...... Y, 61, & &M, 90* Dearer, C^jC __ _ Y. 61, p. 438. goy. 1011 *
Grand Junetiof}. Col........V. 01* t*. 1031 Kendrick, I d a ....... ...........V. 01, p. 07s
Co., F a.............. . V. 61, p. 5*47 De Esyier, W. Y. . ... ...... V, 01, p. 1126 Grand
liapids, M ich ....... V. 8 *, jx 807, Kent land, Ind. ... ..............Y. 01, p 527
Carbon Co. Beb. Dial*-No. 3
De* Moines, la.,
I 10 I V.81, p SI: V.02, 1*1*4, *47 Kenton, 0.... ............Y .80, p. 1871
Wvo ....... Y, 00, p. 7*44S Y. 01, Ml
Y, t», p. W 0 ,9 f ; Y. 61, p. 124 Grant
City,
Mo. .¥. 81. p 438. 3*27. 579 Kern Co./'Ga| ................v . t:o, p. 7 6 3
Detroti,
Mieh.,
•Oufftllae Co,. Met.
. Y. 60 p, tiy>} Koy West, Fla...... .... Y. 00. p, 780, 818
Grant C*x. Ind
V. m. ft. 079. 1071; Y. 61, ©. 7U. 2'0
:. 6
tso*
p,wr.
V.
*2ft,
607; Y. 61, ft. 3 1 0 . 1126 Grant
C o. S. Dak .. Y.*i\ p- 762, 7 « S Kimar Co., W ash,.... ..... Y. 81. p. 4M3
Carrolton, Q a ........ V. 61, ft. 085,1126 D# W*tt ( X , Tex.
V' 62. p. U7 timm Yalley.Cftl
.. ....... Y. 0 , p. 782 Klim Co.. X. Y , V. 00. p. 723. *Y8, 940,
Carrollton. O..
TM-ckeag Ott. Tex. „ . ......... V. 61, p, 57V Gmvmmmi. N. V. ..,
___ V. 01, ft. 1031
9'9. 1* 25. 1115; V. 01, p. Si, 164, 439,
Y. ®6
Lp, 90? 5V. ft , p.. "03, 3 ■ft DIBidmrgb, Fa........
Y ,01, p. §85 GrayvSiie, III.
.........V. rt>. p. 706
9 *2,978, 1127,1164 ; V. 02, p, 50
Carthage, 0»Y .
ft- 878; Y. €L p, #30, District of Colttmhta .T* fli, p, -484, 527- Green
Bay,. Wi*.......
.Y. 81, p. MS Kingston, N. C .
„ , f , 00, p. 728. 760
' "i IH0WM<, SSiH. 1403 Gree.ntt*«J‘t, in d .. . . . . Y. mx ft.
Cascade la........... . ... Y, 6t», ft. gig Boon, la . Y . ^ j O l . if* Green IsJaud, N. Y .. ...... v. 60.p. 1101 Km^stou, N. Y„
V. 60, p. 780; V.81, p. 107*
...... Y. 61, ft,
Casper, Wyo*__ ....
C* Mo
....... Y. 61. p.803 Green port, H Y....... ......... V. 80, p. T22
tctagtxae*, Fla....................... Y. 81, p. 87
Casa Co.. la ,... __ _
......V. 62, n. i47 Diiugia# ^0 . Wash..
.Y.in»p* 4 8 3 i*rmm!emi%* Kan.... ........V, 81* p. 293 Kitsap
Co., Wash.
.. Y, 01, p, G73
...... r . 81, p, 7m Dublin, G#
Cam C*y. S D
-V. <51, p. 627,
v. Greensburg., |*a,.....
..., Y. «2, $0
Cass
Win. ___
----- V. 61. ft. 221
62. p...5o itramdllft Mia . .. . ......V. CO, p* 9-43 EttUI-wi Co . W ash...V, 81, n # 4 1, 720
CaatlePm. S. T—
... .V.iftX p. 1115 £NiBut#,, Fa.*.*.,.,--**,- ■,, ,.Y ,S f,p . U? GraauvtD* -Oo» S. C> _____Y, 00, p. i.o2| Knox Co., ted... V. 80, p. 723; V, 81. p.
„
330
Y, 01. p. I 07D DaltMfU la ...,
■CmmmmKfm.. Pa........
,,Y. 60. p .979.1071 '
D
. .... .. Y .m p . im -ka «t Co.,
Term,. Y. 66, p. S|g; y, 02 n.
C ib tv iw , Pa
......Y. 61. p. P*3 Dolatfe, Minn... Y ,<50. o- 1 0 7 3 : Y. 01, Greenwich,
G.rove City, Minn. .... ■....... Y. 81,0,870
147
Cteyos* co,. n. y ...
-V, 01, p. M, l»:i<
ft. *:>, 627, 7 19, 1 0 3 0 . 1120; Y Td.. Guthrie, D. T ........ .. V’ . <fc>, p. 722, S4S
KiioxvIH©. Item . ............V. 01, n. S I
Cedar llapMs,. la ,.. ,..,., V. SO p. 97ft
Krel^herrllie. H. Y ........ V* 01.. p. #42
€©&»*«>.... . ........
. . V. 61. ft.. *23 *4 Dundee, i l l ...
. •V. SO* p M*1 I T air* Co.., Ala
....
v
.
an,
p.
$
n
Caster* die, la .......
...,,Y„#W, p, 722 Dunkirk. I n d ....... ...... Y. 64, ft. S 4 3 I Yam burs, la,.
V. 61, ft. S i
aekawanna Co.
Pa. ..V.81, p. 1 0 3 4
................
Central City. W. V* . .... Y. &,Kft. Wi D«Uo«ine, Fa
Y. 61*. p, 37, $2® I
HmnUfoxt. *.»...
out*. N. H .
V. 6<>, ft, M |tl
Cham paijfn. 111...,.
Y m, p, 979; Y. Si. p.ii,fiV 25*» Urnmilmp
Cm,
Kao.
.
Y.
80.
p.
1
0 7 4 , 1 1 1 5 .1 1 6 1
Y
.^
‘.
ft.
7*25
C3)tm«#. Kan...... . Y. t9>. p. 801, MO Dar»»d, Mieb.
Y’. «i, p w ■, fltpa
ew. p ©79; Y, 81 l*i Cmme. WI*.... V. 86. p. 723, .-IS, 1071
Chart ton T t».. Mo.
....... , V. tO. p. 0.H Hamilton 0oL$O .. V,
......Y, m, p. 1*7 : Du?hem. M«..
P. 250. 67-^ 7r3. Ml 14i Grande S. 0. No. 1, Or© . V. 81. p. 873
Cfearfe*
Mil., V. $lt ft, 2% , 4'*'4 Durham Co-. If* G. .......
... . V. «M, ft 7-21 llaEslltoa w>. Teau...___
1083 Da.Grmo«e, In d ....... — V. 60. p. 7*26
*
w&, 464. OSS Otm l Oft.Fla.
......Y.m. pli n s Ilammondsport, N. Y. vv,. di,
m. p. 9 1 1 Lake Aun, Mich . . . . . . . . . Y. wf. p.St-S
Charleston,. W, Y*.V.
n t ig . « 2 «
. V, 60, ft, .1U72 Lake City, Fla... Y, 61. p. 947, 1127,1H>A
Y, 61* p. 37' HwBjdwi Co„ Mas*..
Gbaark&tm. Mich..,,... , ..... \ , 01. p, imi OaM flM fw F*.
Hannibal, Mo............
V. 81,. ft. I M Lake City. .Minn . . . . ____ V, 60, p. $9*
S.
. . . Y.m. ». h *»« Eia^EhamHoe* ifa»# ....... Y. »ji, p. sip Iltoagt
V. 61. p, 37
- -€*m a 0 ..
-- Y
p, 7*2 1 Lake Co. S, D .. Y.flO,
Charlotte,. -V. c ___ Y,
p,
tor* ; K««i UYfsnool* 0 ..........., Y. 61, p, 781
iia ........ .1 , di. p. 57© U*ke Forest. Dl.......... .......Y. «i, p. 2if,
Chark.4te»?slb*.. v * .Y. 61, p. .#*5, |1«3; Kftkl MmQch Chunk,. 1%...... Y, «1. p. 941 i Harmony Grove
Fa.Y.01, p. 1 1 1,l'Ci2, 3137 iantswter, Pa . . . . . v . 81, n. 293, 3 S 0 .
V, «... p, 161 Ka#tftn, F a .......... , ..... V. 61, »-113$ Hand* C*.. T«x,.....
.... V. 81, p, flf7,
6 7 3 , t*0, 783. ttti
Ch&? field, Mitiii.,
,Y «»v», 10?| 1Emt #i. (gr#S« III..... .. Y. 61, p,81,9-4 ;
f^tr*carter, WI*.-.. Y, 6 , ft. 164, 678, S03
EasWto, M idi.., Y. 64, p, f IB 436 ;
■Cbatlutitj, Jf.j. .. . . . . . . . . V SO, p 907
W. Ya .. . . ,,Y. 01, p. 103S Lancaster €<»., Neb. , . f . no, p, 7*26. 780
Chatham &:».» €ht
V. #>, p, g48t V, SC Kdlobctrah, iwS.. ........ V, *H p. 7*34 liaxrtvYUle,
- V. »v*. p 7*21. 711*4 lefc»e»*t«r C*>„ 8. C ....... V, 00, p. 1074
p. t W IWissnnOk C«j». 8, Dak.. ....... V, fll, p. 527 Hartfom, cnon
Its I :■ V. 01. p. 107 C 11*3 i,!ins<lowne. Pa,.,.
....... V, rtf. p. 147
.
CSEitsiao^es. Tf®n. y . 0»i, p pm. tmt
■
SI OofftOo,
Y, 61, a. r02 ! Hartford I ToiimhCoan__ V, 81, p. 942
€pgg«U>ir«<r»> Union F m A
Hartford Co., <Ymn .V. 81,a. 1074. i 128 Lanuaie. Wyo. ..................v.61. p. 124
D No, t . «„ y . . . .
r f& ft. 0 1 2
MllrabetJitowi:*, Ky.........,,... Y , 61* p. :r; . Iiarrard, Web....... ........... Y, 01.. p sw-1 Laur.-I, Md. ... V. 60, p, 4 1 6 1 ; Y. 01. o.
CbsH'tmbma T&., M*mt~
eb...
293. mi
foo»*rr O t. P*..
f. 0Ol p, 079, y®3 Wkbart. fad,... . . ___ _ , , Y*<ELa, 762 ; Ilaatiags*, WY.
81. ft. 703, sit. 943, 1 1 f f i I-aurens, N*. Y ...... .. V. 60, p. 1071.1115
vH trofcci , Kan..,. Y . 60, p.hTKtKtG:
T!
V. Elkhom, Wti,.
.... y . 89, p. mi
Y, fO* a MO, 1071 i Y». 01, p. 81 Hatfleld, Maa* .. .V, 61, p. 57ft, 942.1074 launreaee. Mm*. ,0.
rti, p. lot-:
H*r8fi#fil|ft Kan..____v. « ij, p. 722, 007 Ijtwrencebate, Ind ....... V. 81, ft. S 0 6
Gkm&km Gx. Ala
tt, ?S0 : S l i p . W Y*.......... .,Y .61, p .M l ■
LewpwBe© Co., 111. . . .......... V. 81, p. S t
d « 8 ir ; i
v. 40, p t « 4 « k o » n Md ......................... V Sf. p. H7 Haverhill, Ma*a. .V, 81, p, SSo, th-C 720.
7153 Ienrrenee C o . Ind. ..... Y. til, p. 43©
Chester Co,., |*a....
v. 01, 0. 10 7 0 K1i#*i«bnmh, X, ¥»-........,Y, 61, a 1051 , HawktfjsvilJe, Ga __ _ ... ,.Y. ©t, p .m
<
L*wre.nee Co., O..«. .. . V, 81, p. 1034
Kmtm,
Jf.
f
.
.
sts.j
V.
W.
i>
.
CkmtrnrCo ' ~
v, 61., p. 10 33 latwreneeviiie,111,, ..........Y. 01, p. 43#
438, 4M i Hay* Go.. 'Fax.....
8i 7 V. ©o. r=.
Mich....... ....... .. V. 82. p. 147
HI, p .885,976. iia^Sot-.o. Pa.. V.80, p, h.|h. y.dft I lf 4 Lawton.
lOTt, IU 0S T-®f, p. tao, 3&E, S3®. &«H.- IDmwooO FJaoe,
Hector, Mian..., .,..... . , v . 01. p. s$6 Lebanon, G
•. ........., ...Y .01, p. 2§o, 3H4
11*53 i Helena,
oar*. mo. i» , ’ i# #
Mottt.-.Y,
81,
p,
Sil.
©*3
,10
7
4
*
.
Mm
Co,..
Ill,
-Y.61, p, 11.27
El
Fww*,
T#X.................
Y,
SO
.
ft
YIP
:
B*mHmrr tmt., lit, V, Si, p.io ?4
V. 62. p. 102 Lenox.
‘
Mich..Y.ttO,p. 72,3; V.8L p.33@
8* CL O, T ....... V. SI, p. M3 HellertOWB, Pa ...... .
<gWC6p»», SI.*#*. V. 00p, |f |it. i »>)•*, xm\ m E
,V.«I,n . SI I.eonjtelter, Mass...... Y. 81 p, 02/, 873
Cblppew* Co. Mich.......... V. A), p. m s StrrO, O, - -. *Y-aSO* 9* S7F, Y. SI. ft * It,
EMC 885 j I.I«0Q|*lt4MMa. jf. T ..... V, <&Xft- 102* ; V. .l,esterihlr*>, N. Y ............ Y. »H. p, 72*>
oni!ip«wa. Co,, vrs»..... ,..... v. m . ». iis©
61. p- id 4, 527/568 Le Sueur* Mian.. ,V, 81, p. $6i, 720, SB8
Cfcte$wa*f* Falla. Wia .... ., V. ©I,, n. H 7 8»jWw D l| # '0 »............... Y. SA P-722 I Hennepin. Ill..................
V. di, p. 3:i9 La Sueur Co.,Minn. Y .flip . 580, 873,
Choteau Co..
V r%.> p, Ofp j *jy | Btepurt* CMf, Kan__ __ Y. SO, ?*, 07 4 Hennepinth>„ Minn.... ....„v,
0, p. **m
Wt, 84*; V. 02. p, 147
0S®«rro, III.. ...V, #1, p,, 084, §70( egfj7, 7m ; BnseldL Conn , ... . , , Y» 01, $*. mm, m 1 ■ Henntker. S O .........V. t l p 8
722. w-*w L©.wl% la ....... ___ ..... .. V. 81, p. St
Kanl*.
Tex.
,.
Y,
®f,
p.
At
1
,'ms,
t#
*
1
_ .
VI ST k 147
Henry CO.. 51
..... . V, 01, ft. 250 Lewis Co., Wash. . ... ..... V. 81. p. 4M$
OaflBMii, o..
mptumtmh, S. Y .________ Y. fo, ». 4115 i Herkimer,
X. Y........ ■Y. 61, n. |0 3 3 Lewiston, Mleb.,
_ .v m p. s o n * n i4 i «w.t«, Hi, #3&1KC# C* . N. Y..V.S1, p. 4Ml. 7 « 4 . *»•*. Hibhin©. Mlntt...
.
V. 00, p. ms* V. 0L P. 121
... .V. Cfl. ft. 10M
Clallam Cdv* Wash~ s^£ p. H I4
WI Hiilhlmnd .Park, M!eh
y*
......V, « l, p. 720 L ewiston 8. D. No. 1. Mont. V. 01, p. 484
Clarke Col r * .. .
1.42. ft. HI I Erie < O ....... ........ ? . SI, 0. 103:1 Htiiblaodft,
Col...... V 80, p 7 25, ■*.** l*ewl# & Clark Co., Mont.
Clark# CO-, Wmh...
V, iSo, p„ «SIfl K*K9WBbi*Cftw FI*......... ,.*Y. flft ft 8o7 :
Y. m. p. 102f». 1671
61. ft. 1682
Clay C\o, InC ........
V. SO. P. *s«7 E*uajtu»h», MiSti......, Y. SI p. 4 11, $84 1l f tstht»to*m, S. J ... ..,.V . 6V.
4*. ft. S©f. WO {©XtoftOD, Mast. .V. 81, p. 839, HOI, 841
SSMNMt CO., w, J ,.... Y. m, p. g>, f fl, 29 1
O efrarn#. T ex
................ V,
v , ihu
«C n,
'■ '
m ow , Mo. ...................V. 0L. o. 5G8 l.exinxton, Mo,. . . . . . . . . . __ Y. 81. n. 87
lierfilMid. O. Y. 01. p, HJ,
1 4 mi Kklw*aShft OM............. ..... Y.. 61* ft. 81 Ilu
*3K, mitahoro, s. D . o . V, *51 p. 978, iP3 Liberty. N. Y .. - .. — Y. 81, p. 484,012
«
_
0 * 4 ; V. «2,V 50, j|f fSr*Bsion,» ....... Y* f l l p*37,
579,87S,hOt, 8kS, j074 v 02, p I*rl HUGhoft), Tex. .............V 81. 0. 7114 Liu fan irr. District o f Cut­
Q m m . O ..........................V . «
ter f ■€*,,.N©b.... .. V. 61, p. 212, S56, 077
Y. m. p. $m
H.i.tGt«>roaFh* N. If ....
Q M fe«.0
.................... V rtl p ,U) SvWiME', MS**.. .... Y» SI. ft- 527, S79, 74b H
V. 82. p. 50
ajn!..n. III.................. V. (U, p. « { ,. xn Krejetl, W m k €1, p. 37, jS3,719 1 sIIshom'BYh Co, , W.H.V. 81, p. If i, 250 Lincoln. Cat................
lllftsflilc, S, H ..
Y. 80, ft. 979 1jne>>lti. Neb — V, 81, p. 804.012,1032
............. .v.«.p. hjs? Rnrter. .V. II............... V. «i, r>
CowarvUm, K »:.
V. fin. i, «•, [ J?»lrfax, Minn....Y.SI, a. SSO, 67$; Y. JIofsnsvfilc, Ga, .......... Y ,61. p. Kllf tdnocfin Co., Wash.__ ...V . 81, n. 4 8 5
Hfflpah
o
.
.
__
_
..........
y
.
6i,
1
*
.
mi
fdaooln
Co.,
W.
Ya*......
....
si, p. Si
V V. O’, p_ 111b: V.Hi, p. 3.,i r
rtf. p. 102 Holland. Mich... ....... V. 6*-, p, rn.m.980 Llnneu*. Mo............ ......... Y.V.04.
p. 708
4^4 Fairfield, Me*..
SO, p. 1071- V. S
t,)ft Hollis, M e.... .. . . . . . . . . . . . .Y, 6o, p,8|8 Llste/ri, N. Dak.,
St*
Oow Siwrta^ N. Y«,. T . 00, p, Pio; v . ©j
37 A.l Hofyoke. Mass...
80, p. m i
V. OL p. 873, 504,888,1127
M
p. 7m ml Fafrbaven. Waah
.V. Si. p. 327 Homer. 5Heh ... ...........Y.
............
Y,
81.
ft.
J§4
Little Yalley, N. Y— . . . . .. Y. 81, p. sgtj
Cp Io 0 o^ Mo.. . . . . . . fltt. p. 0ti, j07i Fatnrlsw* S. D ______ .. . . v. Si, p, S8©
Pa.,
Loekland, O ........V. Si. p .811,077
College rllil. O. ... V. rtl, p. ••A|, 70S. HI Fall Hirer. IS-tw.. f.flft p,76**, Nil, lOf4; Homestead. Y.
00, p. m s ; V. 61, p. 1*6
N. Y .............. ...... Y. 80. p, &&&
w B « « f Polai, If. T~,»V. @*»t », #g»|. 3071 j
V. SI, p, ^ ‘2 .9 7 0 , 1031 ; V.
ft. Hornellirvijl©, s. r ..v . 60t p. 9*0, 441% Loekport,
O.Y.so, & 808, Mm Y. 61, ;>, *21 5
fk l i . s i i . m i
5*1,102
Y. 61, p 37, Bgfi, 9*0 Lo«nn Co., W. Ya........ .Y.61, p. 81, 124
Co0>ra4o.. v . oo. p. n m ; v. 01, p. * 14 Falmoath, Ky____ V. S1 p, 719 • V, r-f,
Houston, Tex. ....Y. 6i. p. 124. 250,3x4 le>g»esport, fad. Y.SL p. 464,5*27,804,
CwloflWo-Spfliiffn, Or;»L,
m< p V&jL
ft. iOS :
S27, tm, 027, 728), 7m.
942,
942
_
'iliP j V. 01, p.
I'srio, W, Dak.. ..
Y. «L
SI, ft. 073,-4 f
London, €)............ V. Si, p. 873, 720.856
Colton,
..........
......V. ©I, p.
V. 61, p. 976 ; Howard €*>., M o....... ....1832,1130,11«3
Faribault, Minn .
„V. 6% p, 147 Lens Island City, S.Y. V, 61. p. 33#>720,
C ^ u a K t Mo.----- ------ - V. 0*.. p. 1103 Farley, I* ........
... ...Y . SB p. 438 Hubbard, O ...... ...... V, 61, », 720. 107*
8|f. KS6. J) 43. 077
Cwanbli C®„ It. Y ____T . 01, u.
.si*p . cm i s } , Hudson, S. Y..
Ljrain, N. Y .Y . m . p, 1115; V. 81, p.528
ColaiobtaCo., W'i i 5, .
0.1,*p "in,* Far mmtmrnrn}r, W .v527,885,^*2,1081
v . 80, p. 1181; V, 61. p. 37, 164, 211 Lomlti. 0 ... V. SO, p. 37. 124,104, 212;
Colfffl&lMA O . . .. .. .. . ........V , 0
0l ft, »70 Fa*ett# €*>., <>..., ........ V. 6J, p. 970 Hull, Mass
V, 61. ft, 3«5, 439, 528
C5»ftiaib®i, <*a,.
ill. p. m i yM
Fayette
T ex ..
- . . . €%,...................
. Y, Si, p. 34 1
.V. 61, p. 104 Loa Amrelea. Cal...... Y. so, p, 879,894,
(im, ji *3 Fayetlefille, W 0 . , „ ....... Y, So. p. 722 ^ Humboldt, Than.
Iowa
1071,11.15, 1161; r . sk n. 1 |ft
. Y.61, p. 10d2
' ColtimftiM, Tn6
......T, «f. p. Am 527 FeOru# Falia,. M i n n 7 . SI, p 537, 976 i Hiimestone,
Hun tinatom, ted.
v . n p. *253 Louisiana ... V, 61, p. 826,804, 1184: V.
‘ Colambff, Mi*#. , ...... 00, p, $ft?
Bank, IF. ..
. . . . . . . . V. rt. p. I3S ! Hyattsytlfe, Md..
... V. 01, p. 783
68 . d. 102
Col urnbu*, O ,... V.m. p. * 10; v. «i, Fern
Fern Dank Special S* D*. O.Y. 61* p. 2 »3
. 6t*. p. 079, 722 f/OuhPrlUe, Ky..... Y, * p, lfli.139< 720
p. m i. w$ i l l fliebbwrsr. Mm*........Y.61, p. in$.til ! Hyde Park. Maas
O......---- ------ v. 61, p. 528
CoffiEOBftftS, W lf......... Y. 01, 0. 0WL 0i i FlaManda. W. Y................. V. St, e. 1031 I d&ho CO., I d a .. . . V , 01. p. 627. 7 « 3 ; Y. I*ouisTll]e,
Lowell. Mass.. Y. 61. p. 51, 184.$04, 977
Comaoefts <» , Kao... .... V. sj, p. *s *;j Flint* Mich.*,......... 00, p, Wfi i
62, p. no Lowell; Mich. . . . . ........ .. Y. fi», p. u. 6*
Cfmmrd. ST. H. . . . . . . . . . . V. 01. p„io~i Florence, Web.................... V, St, p, 394 ■ A
Springs. Col— ........ V. 6<», p. 722 Ltfiwylli©. S. Y .. . . . . . . . Y. 6% p, 84$, 940
C otiM at, o .....v . «t, p. mn. imi it m Florence, 9. D No. 2, Col. . Y. SI. p. 676 Idaho
Illinois City, III............... V, 81. p. 1074 Lack. Wls............ .
....... V. 02, p. f.'i
Coosi €0 ieboc*! iiiaA*iii. v. 00, 0.040 Flushing, Mieh-... ..... .... Y 6«;, p. 7S£2 |IIILiOis Drainage Dlsts. ..Y. SO, p. 1115
Ludln^ton, Mleh ....... — Y. 61, p $04
W W i f W i , Mieh .......... . V, 01, p im Fonda, mi.
„Y* <F>, p, 7®2 ! i ndependence, Kan . . . . . . . . . . v. si. p. 8i
Vn....... Y. 61, p. 1088,1074
Coc« Co.. S. H ............. .Y, 01 '» t%* Ford Co,, Kan,. .... ........ . Y. Si. p. 7t» Independence, Mo— ,V. «L p. 580, f$9 Lynchburg;,
Lyndonrllie,
Yt.
.....
.......
00, p. 783
Cftrntna g. t>. Ho. 9, s. Y. V. 0t, P
*, F*-*r«*i Gfore, Ore.. . . . . __ V. ill, p. 527 Indiana... V. et), p. 679, 72i, ISO: V. 01, Lynn, Mass,. V. 60, p, $06; V.
Y. 61, p. 82.
ForeaHtlle, » , Y ............Y»«o, p, 679 1
p. ,H.GS
164.1104
Corftsrait,
__ ...
v si r* mk Forman,N. D ..... ....... .....v , s t . p.8851 Indiana 130.............
Y, 81, p. 1030
................. *V*61, p. 527
Cornwall, W. Y............. .-..Y.m’.p l4» rcostyth Co* N, C............. V, 61, p. 1«BB. : tedlanapoUs, Ind,.. Y. 60, p. 80S; V . 02. Lyons,
Corrnna, Mieft......V. Si, p, 547, &3»
Fort
Collins
Od.,
ft. 102. 147 \ f ackey. Ta.............Y ,S l, P* 977,103$
Cmmdi « ! « % f»,,
*F
' *■w 's
Y. SO, p. 1634 ; Y. SI, p. 124
mGkt.i Mich................Y .S l, p. 107# XrJLaoon, Ga..... Y. 60, p. 783; Y. o h n.
_ ,
„ JC S<:*( p. 0«0; 7, SI, o, *211 Fort Madlaoo Ind. B. D. I#,V* 6*>, p. 1071 \rm
703, $41, 888.5M3, 11S4 ; Y. 01. p. 102
Irctnton, O ..........
V. St, p, 211,438
Cow|«y Co..Kan................Y.#| p sH Fort Worth, T ex.............. . V. 81, p, 719 Ironwm
id
Fract ional School
Madeira Co., Cal............V . So, p. iii-l
Cbwllt* Co.. Wash.. ......v ,« i « ' 4H5
•. ** ................V
Madison, Ga........Y. 6L p. i£I 5
District No. I, Mich.,
&m*f Prminet, {j&wmn
a*8, ............... ,Y . 61, p. 5 9
V. 60. p. 804; V. 81, p. 37 . Madison, S, D............. ...V, 01, P- 977
JQ&*$Web........ ...........Y', 0o. p. 72s Ffyxhoyo, m
K r................Y, 61. p. 4’M* 519 Island Co., Wash.____ ___ V. 81. p. % S s Madison. \VG.............. . V. 02. p. I 4 »
CmiUm. Cm,,..., •••.........V. Si* « 088 Franklin,
Franklin, Alfnn..
It as©a Co., MJon................Y, 01, p. 203 i Madison Co..«»___ _____Y. 01. ft 11 It0
Crmmtfm. H. I ...
--- Y, 01, p »S .7
V. so |>. 1671: Y, SI, p. f l l , 484 Ithaca, N. Y.,
Mad Ison vUle, Ky. .7,61, p. 1127; V. 62,
Crawford c « „ fli .....-...V. 00, », a |0 Fraoklln,
N. J . .
V 61. p. 80S, 841
:p. to
V. SO* p, 848: V. St, p. 81,16#

[VOL. LXII,

THE CHRONICLE.

00

INDEX TO STATE AND CITY DEPARTMENT.-Oontinued..
Michigan City. Ind........... Y. 0f. r>. 848 Mount Sterling,O...V. 61, p. 164, 2 5 1 , ! New York State.. V. 60. p. 939,1023; V7.
61, p. 528. 028, 841,1128; Y. 62, p. 102
439
V, 01, r», D 4. l>77 Middle Loup Valley, Irr. plat., Neb, v
fil.p. HJ7: V. «2, 1). 60, 104 Mount Vernon, N. Y. V. 60, p. 895 941; Nez Perce Co., Ida..
. ...V, 01, p. 10SS
V. 00, p. f116; VC 61, p. 125, 805
VC 01, p. 212, 385, 439, 7(53, 1075
f f c . -V- 01, p. 107 ti Mi.kUoaboroligb, Ky,. --- \r, 00, V, 1024 i Mount Version,
Wash....... VC 61, p. 884 Niagara Falls, N. Y...VC 61. p. 294, 580,
Maine
M , fia-iwh.., ,, V. 60* p. 070 Middlesex Co.. H IO..T. d , p. SOI »«>.
673, 721, 977, lOfo
Muhlenberg
Co.,
Ky.......
V
C
60,
p.
7
6
3
s
ia,
0
7
?
818
,
894.
940:
Maiden,
60, p
V. 01, p. 0*3 Mitklii't'iwn. Corn!.. ........ V.bfl ji.Jau Multnomah Co.. Ore — ..,. Y. 60, p. 761 Nicolson, Pa............... — .V. 60, p. 723
, V. 01, p. 1032 Mlddleton-n. In.I......V. 01. o. 6 W .8 8 « Murfreesboro. Tenn.. Y. 60, p. 723, 941; Niles, Mich.............. .. V. 60, p. 895
Malvern, O ...---- V. 61, p.886 No. Adams Fire Dist.,Mass. Y. 60, p. 941
Middletown, O.............V, HI. p.«78.-888
Manchester, N. H .
Northampton, Mass.,
V, 00. p. 723,761, 1116; V. 01. J».SS9.9I3 Mlluca. Minn..................... V. 01, i>. :rao
Y. 60, p. 1163; Y. 61, p. 39
. -V. 61, P.37 Miles City. Mold . V -00, |>. X07J; V, 111. P\Tarbertb, Pa— Y. 01, p. 1032, 11 64
ManChester, Y».
p. 1076 ivl arragansett Pier, R. I.V.01, d. 10 7 7 North Branch School Dis­
V. 61, p. S 0 «
Manhattan Twp., Ky
trict No. 32, Minn.......... V. 01, p. 294
Nashua; N. H ...... .. Y. 60, p. 761.808
Manlstique, Mich — .... V. *10. p- 1071 .Milford, Mich.,
V, oil. !>. m i l ; V. O'. I). 38, 88. 104. 212 ; Nashville, Tenn....... V. 60. p. 941.1026; ! North Brookfield, Mass., .V. 61, p. 1075
Mankato, Min».
V7. 01, Pi 763, 913 I North Dakota.. -V. 00, p. 1030,1163; V.
V.dO.n 080; V. 01, n. .124, 21.2 MUlodgevUle, MS...V. «1, p.R77; V. -2,
61, p, 528, 721, 1 0 3 5
p. 102 j Natick, Mass...V. 60, p. 1110,1163: VC
Mamdiehl, O., V. tu, p. 339>,
580,804.
61, p. 977, 1032 ! North Des Moines Ind. Scb.
886,1032 .Millersburg, 0 ........ .-.VC 01>, p. 723,1110
Nebraska........
...................V.
61, p. 483
District, Iowa.......... . — Y. 61, p. 294
Milton, Mass. VC00, p. 94 J: Y.61, p. 977
Marlon, Ala.,
North Knoxville,Tenn....... Y. 61, p. 39
V. 00, p. 941,980: Y. 01, p, 8 3 Milwaukee, Wis. V. 00,p. 895, 941. 1020 Nebraska City. Neb.
V7. 00, p. 848: Y. 61, p. 121 I North Glean, N, Y ......Y. 61, p. 164, 440
1116, 1162; VC 01, o. 104, 250,1032
Marion, K an ................. - V. 62, p, 102
Marlon Co., la ........... . V. 01, p. 7(53,913 Minneapolis, Mum..... V. 00,p,723,808, Nelsonviile, O................. V. 61, p. 253 North Tonawanda,N. Y ..V . 61, p. £ 9 4
59, 027, 1127; Y. 02, p. Nevada City, Cal.........Y. 01, p. 673,943 Norwalk, Conn.......... V. 60. n. 941,1071
Marion Co.. T e x ............... V. 60, p. 910
Norwalk. O.,
148 Newark, N. 3
Marlboro, Maas.,
VC 60. p, 1026; V. 61, p, 104, 339
VC 60, p. 723; V7. 61. p. 121,164, 212 :
V, 00, p. Mis, 911 1025; V. 01, p, 82 I Minnesota.............. ........V. 0L p. 4 8 5
Marietta, Mich,.................V. 01, p. Brt> j Mississippl............. ..... V. 60, p. 1071 Newark, O.. VC 61, p. 1075 ; V. 62, p. 102 j Norwich, Conn.. — . , . .V. 60, p. 805
MassfcfieM, Ore,.............. VC (Si, p, 480 i Mitchell Co., Tex............... V. 62, p. 148 New berg, Ore,. — ... .V7, el, p, 880,1075 | Norwood Mass— Y. 60, p 895, 941, 980
. Martin’s Ferry, O........... -V. 00, p. 723 ! Moberty, Mo..V. 60, p. 1071; V.01, p. 38 New Berne. N. C.............. VC60, p.7 6 3 i Norwood, O.Y. 60, p. 723,980,1071,1116;
Y. 61, p. 125, 580, 673
! Mobile, Ala
....... ........V. 60. p. 8m Newberry, S. C...........V7. 61, p. 720 j
Marysville, Cal..
— V. 61, p. 805,1164
V. 60. p, SOS, 1028; V. 61, p. 38, 82 Monaco, Pa............ .. VC 60, p. 723,1071 New Britain, Conn..........V7. 60, p. 1036, 1 Norwood, Pa
1103; VC 61, p. 38,125, 720. 804 ; v. 02. Norwood Station P a ...__ Y. 00, p. 848
Mason Co., wash....... ... Y. 61, p. 4 8 5 Monroe Co., Fla.,
p. J48 ; Nyaek, N. Y........................V. 61, p. 580
V. 60. p. 80S. 980; V. 61, p. 251
Massachusetts ......VC00, p. 80S. li'25:
V. 61, p. 121,164, 338, 528, 580 Monroe Co., N. Y........ VC62, p. 102. 148 New Brunswick, N. J ... Y. 60, p. 1 1 1 7 ;
V, 61, p. 627, fi*J9, 721 I O akland, Cal....... ..V7. 61. p. 4 8 4
Mansion, W is — ...............V. 01. p. 804 Monroe Co., Pa......... . .. v. (51, p. 7 6 8
akley, Kan................ V. 01, p. 580
McDonald, Pa........... .........VC 01, p. 82 Monroe Co.. Wis .. -Y. 00, p. Sin; Y, 61. Newburyport, Mass........ ,. V. 61, p. 580 |
p. 82; V. 62, p. 10.2 j New Carlisle, O.................. Y. 61, p. 763 j Ocala. Fla.. . . . . . . . . . . . . . . . . . . Y 60, p. 941
McKeesport, Pa. V. 61, p. 38,104,294,528,
8-14.1032 1 Monroeville. O........... VC01, p, 80-4, 8S6 New Comerstown. O.......... VC 60, p, 723 j uconomowoc, W is...... .... V, 61, p. 580
Oconto, W is............. ..Y. 61. p; 1075
V, 00, p. 1 0 7 4 j New Hampshire (&aitina& Bank
McKees Rooks, Pa......., ...V, 01, p. 161 i Monrovia, Cal....... .
Mead vino; Pa
,v . oo, p. Has, 1070 : Montana......... ................. Y. 60, p. 08 cl Laws) , .. ...V7. 60, p. 676, VC 61, p. 3 4 1 ! Oelwein, la ............... . .VC 00, p. 1115
Meagher Co,, 8. D. No, 8, Mont.,., V. 61, 1Montclair, N. J ;........... V. 61. p. 82,13« , New Haven, Conn......... .VC 00, p. 848; Ogdensburg, N. Y ....... Y. 61, p. 805, 841
Y, 61, p. 721, 804 : VC 62, p. 1 0 5 <>gden, Utah......................V. 61, p. 977
p. 043 i Moutesano, Wash__ ,Y. «1, p. 212, 339 ;
Mechanicsviile, v. Y ........ v . 61, p. 250 Montevideo, Mian..... Y. 01, p. 528, 027 ; New Haven Co., Conn— Y. 61, p. 7 2 !. Ogden S. D.. Utah — Y. 61, p. 1164; V.
62, p. 102
804
Medford, Mass
V. 00, p 9 8 2 ; V. 61, Montgomery, Ala.,
V. 60 p. 1162 ; Y. 61, p. 212 j New Mexico— ................ . Y. 01, p. 251 Ohio........................Y. 61, p. 80
p. 124, 528: V. 62, p, 50, 102, 147
New Milford, Conn..VC 61, p, 1075, lie4 Old Town, Me..................V. 61, p. 5 8 1
Medford. Ore.................. V. 80, p. 8 1 1 Montgomery, N. \C.
Y-60,p. H I 6 ; V, 61, p. 38 i New Orleans, La ............Y. 60. p. 848 Glean, N. Y .........................Y. 61, p. 125
Medicine Lodge, Kan..... Y„ 01, p. 9 7 4
Meigs Co., O ................VC 60, p. 1 0 7 4 Montgomery Co., Ala V7. (51, p 627, 673 I New Payuesville, Minn.Y. 6L p. 580,805 Omaha, Neb.,
VC 60, p 941,1071; Y. 61, p. 164, 213
Melrose, Mass.V. 00, p. 8fl8,941. I l l G, Montgomery Co., O .. .Y. 60, p. 941,1162 ! Newport, N, K — .......... Y.^I, p. 6 7 5 1
1102; V. 61. p. 4H, 1032 Montpelier. O............V. 60, p, 723,1071 I Newport, R, 1,. — .... VC 00, p. 723, 808 ' Oneida, N. Y,. ..V. 60, p. 761 ; Y. 61, p.
213, 339, 385
Memphis, Tenn....... V. 01, p. 88(5,1032, Montpelier, V't...............V. 60 p .7 6 3 I Newport, Y t.................... vc el, p. 2 5 3 |
1127 Morris, til........................ V. 60, p. 1110 Newton, Kan....................V. 60 p. 1026 ; Oneida Co., N. Y.............. .V7. 61, p. 82
Menominee, Mich......... Y. (50, p. 7 2 6 Morris, Ind. S. D., Minn... V. 6l, p. £177, Newton, Mass.. -VC 60, p. 1071; Y. 61, p. j Oneonta, N. Y ................. V. 61, p. 39
213. 2c 1, 339, 385, 721, 1075, 1128; V. i Ontonagon, Mich........V7. 61, p. 886
Menominee Co.. Mich— V. 01, p. 48-v
1075
62, p. 50 Orange, Cal— ................... Y. 61, p. 977
Menominee 8. D., Mich... V. 60, p. 7 **26 Morris Co., N. J ................VC 61, p. 1075
Mercer Co., O........
Y, 01, p. l 0 3 4 Morristown, N. J — .......VC 61, i>. 1032 Newton, N. H ................. . Y. 61, p. 294 Orange, Conn.V. 61, p. 883, 1032,1128
Merchantvllle. N. J ........... V. so, », 723 j Morristown, Tenn.............Y. 61, p. 124 Newtown On. Free S. D. No,
Orange, N. J .............. . .V. 60, p. 1116
12 N. Y .........................V7. 60, p. 1026 j Orange, Tex................. .
Meriden, Conn............ .. V. 60, p. 1028 Morton Co., Kan............... V. 61, p. 843
Y. 62, p. 51
Meridian, Mias......... no, p. 80S j
Moultrie, Ga..................... VC 62, p. 148 New York. N. Y..Y, 60. p .723,808,1110, Ord, Neb..........................VC 6L p, 841
Merrimack Co., N. IT..... .V. 60, p. 7 6 2 i Mound City, Mo............ ,T. 60. p. 701 j 1163; v. 61, p, 38, 82.125,164, 294, 339, ! Ord Irrigation Dist., Neb... Y, 61. p. 943
Methuen, Mass......
V. fii, p. 38 Moiradavilfe Ind.S.T>„W,Va.. V.62, p.50 | 484, 580,1032,1075, U26; Y. 62, p. 102, Oshkosh, Wis:.... Y. 60, p. 723; V. 62, p.
M iam i Co., Iud......
.. Y. (50, p. 1110 Mount Clemens, Mich....... Y. 61, p. 88tt I
147 1
51, 102

10, p, 1071, 11 17:

goffin Cfe

NEW LOANS.
3 7 0 ,0 0 0

18

ills! IM P R O V E M E N T
The
.....
tux rlw
oi? T'fcCE

J g ffi.
lafionlu ’

Penus:

NEW LOANS
C ity

of

NEW LOANS.

P o r tla n d , O re.

5 P. C . G O L D B O N D S .
Dated J u ly 1, 1 S 9 2 : due July 1. 1 9 2 2 .
Denomination S 1,000. Principal and
interest payable iu «*'oid.
PRESENT FINANCIAL CONDITION,
OF IN D IA N A P O L IS .
Real valuation......................
.8125,000,000
BONDS

Department of Finance, }
Office of the City Comptroller, >
Indianapolis, Ind., Jan. 14, lr96. S

Assessed valuation.--------------------- 47,689,025
Total debt..
......... 84,831,500
Less water debt........... 3,150,000

MUNICIPAL
FOR

BONDS

IN V E S T M E N T .

State del
. ,.f >vill be rcccived

$1,681,500
Net debt.................
Population, estimated, at present, 90,000.
by the City<|| I m l i u i i .
Portland is the natural commercial and distributing
i«m i, until WeclncBdav, the 12th flay centre,
o f the Northwestern States, and has long hac
bar IS, ISO Miff, at 12 o’clock M., for the trhole or the reputation of being one o f the most substantial p a r t i c u l a r s upon a i p l i c a t i o n .
----- .
- 10,000 Improvement Bonds o f said City and conservative of the extreme western cities, and
it
is
next
to 8an Francisco in importance.
- will he designated “ Indianapolis Improve
The total clearings of the banks of Portland for the
vis iff lhfffi; ” will he dated January J, is-.ii week ending Nov.’ 1(5, 189-, were §1,436,433, as com­
the denomination o f ?1,000.00 each, with in- pared with §1,369.705 for the corresponding week of
189i, showing an increase o f 4*9%. This is indicative
^upons attached; will bear interest at the rate Of the business prosperity which is prevailing in this HHMBERS OF THft NSW YORK AND BOSTON
per cent
) per annum, payable semi-anna section.
8TOCE EXCHANGES.
Subject to prior sale and advance in p ric e , wo
1st day o f January and the 1st day of July of. offer
these bonds at 114 25 and accrued interest,
as year; the principal payable in seven equal an- y i e l d i n g m $ .
ONALSKB IN C( MMMBCIAL PAFHR,
fit! Instalments, and both principal and interest
E. H. R O L L IN S & S O N S ,
payable at the banking house o f Winslow, Lanier &
53 STATE ST.. BOSTON, MASS.
Company. New York City. Bids for the purchase of
said bonds should be endorsed *>Proposals for lm
ptorement Bonds ” and directed to the City Comp. NEW YOKE STATE
.8
*roller, Indianapolis, Indiana. Bidders may bid for
all or any part o f said bonds.
G O L D
» » s t a t e s t r e e t , boston ,
The proposals will be opened by the City Comp,
trailer, at. his office, on the 12th day of February,
ffi NASSAU ST., NEW YORK.
8% Bonds, maturing 1906.
IStW, between the hours of 12 o’clock M. and
0 clock P. M., and said Comptroller will t hereupon
award said bonds, or. If he shall ,eeflt. 11part or any MASSACHUSETTS STATE
number thereof, to the highest and best bidder
G O L D
therefor, and shall have the right to accept a partoj
any bid, and to award upon any bid the whole or any
8% Bonds, maturing 1925.
Jess number of bonds covered by such bid, the Comp"
W H A N N & SOHLESING-ER
1roller being tbo sole judge of the sufficiency or th e
Price and particulars upon application.
Insufficiency of any hid. and he may. in bis discretion
award a part o f said bonds to one bidder and a par
to another, or he may reject any or all bids.
FARSON , LEASH & C O „
haoh bid shall be accompanied with a certified
2 Wall St.» New York.
‘■heck upon some bank of the City o f Indianapolis
Indiana, payable to the order o f William If. Schmidt
BONDS.
City Treasurer, for a sum equal to « per cent (SJ) of So. Omaha, Neb., lleftmillng................... fa
the face or par value o f the bonds bid for. The Sheboygan, Wis,, Sewer.......................... g ,
bonds awarded will bo delivered by the City Treas­ Slier an, Texas, Kefunding................... <i„
urer at hi, office in the City o f Indianapolis on the Muscatine, Towa,, Imiirovemeat............6a i WALL s t r e e t .
NEW YORK,
12th day Of February, 1898, or on the payment o f the Aurora, Ills., imiirovemeat.................... 6a
purchase price for the same, which payment must be Gibson titty. Ills., Water Works............. 6s
made within ten days from the date last above- Hubbard, Ohio, Electric Light.,....... . . 5s
e
ve
j
named.
Harvard, Neb.. Water Works.................6s S ch erm erh orn B u ild in g ,
$ W A L L ST
Said bonds are offered foreale under and by virtue
EO& SALE BY
--f General Ordinance No. 77, 1b06, passed by the Com­
MUNICIPAL ISSUESIN THE STATES OF
mon Council of the City of Indianapolis on the (Ith
N E W Y O R K & N E W JER SE Y
M
A
S
O
N
,
L
E
W
IS
&
C
O
.,
day of January. 1896, and approved by the Mayor on
A SPECIALTY
the 11th day o f January. 1888.
BANKERS,

Blake

B rothers

&

Co

MUNICIPAL

B NWELL & E

B. M. JOHN SON .

City Comptroller.

31 State St.,
BOSTON,

in

RITT

EXPERIENCED “ MIJNICIPAr7 BOND”
LaSalle St., Li man open for engagement or would t-ike narfher to back me financially. Can c o n tro l!S ta b le
Ch i c a g o .
business. Address ‘‘BOND MAN,” Ctaom ie

January 25, 1896.]

THE CHRONICLE,
IN DEX

Oatrego. Kan....................V.dft p.K M
o » » m » Co., s . v ............v . do, i>. ; » i
Otter Tat) Co- Minn.... V. CO. p 1 ! I >
.......... - V. 02, p, •> *
Ottajawa. hx....
Oxforl, la,... VC61, p. 29i; VC61. p.529
Oxford, O .,,....
........V. 61, t>. 410
OweiMb-oro, Ky......VC 01, p. SBt\ 10 3 4

......... *V

IS

p »m t«! poat. s . v " Vv'w ,p Pii.uvMwi
Palestine, re*...................v .«4 . p. l «
PSlo AlfefcCal ...
....... v .< »,p . 74*
PaeadetM c u r a 1> Cat,
V. SO. p. 1071; V. 131. o. 52, 213

Puwte. X.J. .V. «>'. P. SOS.
T.
61, p. &i. 3Si
Patemm. N. J.......... V. si. p. IMJ, sms

^£ICNY::..::vv^\C!i?VCC

Peneeoofc. s . H .........
f . m. p. y -i«
PendletonCo.,tV.v» V. •». p. 8fi*. ! « * ;
V. 61, ptiBt. I - 5 . l l - i
Pendleton 8. D., ore..........V. #1. p. 8M
Pensacola, F la ................. V. si. p. -It
Peoria,UI..V. m, p. l an-, v. >11, s>. i-r-,
7$$
Ferry, Ga . . . . . ..............„ ,V *&Lp.ftU
Ferry. NC V....... VC « i . p. ]*«. £ 5 t . ;xt9
Penr. *>■T . V. « 1. p "Si!
O'13
Porto Amber. ,N. j ........ V .i» .p .7 B 3
Peterabogr.
M l : v. 61. p. let
Phelps. N. Y .................... v . ooiji. sws
628*783,763*886, 944, 1075. 1164: V.

&

p.

in .

5t

Pfsitmont, x . y . . . . . . . . . . Y. 6L p. $o*82
Pierce Co., 8. D., No. 56, W W ..V .« » .
f>. »07*
Pine island. Mian-....... m\ p. lim
Plana, o . . .......................... v

Mam. , . vc 01. p. zu, $»*, :>v
PlttajhrauiaCo., Va.\C « £ r>. 51.
I am
Plato City, o . . ....... \......V. m, p. -453
Pialiutetd. x. j ......
v. ci, p. i25, 741
Plain view. Mian . ............ V.m, p tU
Plainview, X. T ..............V.tH. p. J©
Plaueritte* Wls.................VC61, *>. ,'7X7
Ptkttabarg. s. Y .............. vc ai, p ~u
Pieanant HHare, Ind- ....... V.6V p. 72?
Ftattfsai Rid**,O............V . w\ p, um

WimmmtTw o* 0 . . , . Y . £ ql ». W t* i i $ i

Polk Towxwblp, M o. ...... VC01. p. 3«* I
P o m e r o y , .......
..V. 63, p. .7*4
Pomona, CM............. .........V. 6x p Pit
Ponce. O .T ... ..... ...........VC6L p 606

TO

STATE

St. Louis, Mo. V. 60, p. 761; V.01. p. 680

Louis Co.. Mum. •V. 61. p. 8 4 . 1164 SherManvlib*. Pa. ......... V. 60, p. 1116
6 S R . tc.j.
e V r .......V .53, p. 103 St.
st. Mary's, o. . .....vc 6* p. » 2*11S8 Sherin-ui, Tex.......... VC6i, p. 073, 842
hi. Mary's Go-. Md.......
V.rO.P. 600 Sierra €>*..Cal.........
Y,.60* p. 764

gr^euis-.^
sassfrWr. vitvA~?
m
10a
Rlohmond. Mich..
HiolunotKl. V a .
Ilii'isiouiwl. ’

t ->»
t.

YnUDHMen n, Obiit

«.

Plit.her*. t’ a.. !*«heol
««. Peel, Minn...........

Nartb Dnkeie

14*
4N*
...

...

V. 01. p - I XL G7-2

7,
•">»
. tl»
.... IW

p

have a num ber o f new
o ffe r in g s o f

M U N IC IP A L

BONDS

W h i c h a p p e a r a t t r a c t iv e .

N. W. HARRIS & CO.,

I.
BANKERS.
3*
4<d» H 'I A l.l. 1TBKKT.

Rapid Tran.lt Perrj»««Itn l.lsnd K f ................

tier-ford Kj

NEW YORK

i.

Prtee, and fell deaertjmon futol»l»«d wo oppiicaUon.

C.

M U N IC IP A L
H.

W h ite

&

8 ANKERS,
7a B R O A D W A Y . M E W

C.

BONDS.
Bend HIH, Obi*. Water ......................
Audy.tou, Ohio. School.
................
Defittaer. Ohio. Ketundtne....................
I.enau. Mht«, n.fnudlng ... ..............
Terre tiautr. In .. Kelandln*.............
Aurora, I d . ltefMndtH(r
JrnutnnnCooatr. ind.. Hon,i................
Aatoria, Orenun. '(.nidi, IVnter...........
P.*rt War!fa. 'tVx«»,!i;»lil).XV nter
Waro.Trxn*. (tJoldi. Kt. linuroyemeul
Teaa«. r(r-lioot and Sewer.
g ralcnna,
urel. Md.. wtreel improvement........
arlevol*. Hleh , Uelondlnu
Newport. K».. Bridge............................
r o a 8AI.S MX

Rudolph Kleybolte & Co.,
BANK RR8,

CINCINNATI, O.

BONDS.
ROBERTS

YORK.

BONDS.

tt WAI.I. HTRF.KT.

-

Spokane,

C o u n t y , C it y , S e lt o o l H o n d a ,
W a r r a n t * a n d L o a tta ,
N E T T IN G 5 T O 8 P E R C E N T .

[„ 8. BOBkKTS.
W. B. BOBEKTS
COBKK8PON DBKCK SOLICITED

LOANS
W.

J.

H a y e s & S o n s,

TEXAS.

BAN KERS,

Intereat 7 Per Cent Net.
AW COMMISSION-! charged borrower or lendct
untU Ioann have proven good.

121 D e v o n s h ir e S t r e e t ,

F R A N C I S S J I 1 T I I Ac. C O
NAN ANTONItt. TEXAS,

BOSTON.
MSTi* SEST t’ PtlS A P P U I ATIOS.

ttU X lV U 'A r.

AND

Dealers In MUNICIPAL BONDS,
Street Kailvras’ Bond*, and other high grade ineatmenli
8OST0K, MABS.,
7Krih*ii»* P ie *

BONDS

W . E.

R.

BANKERS.

S M IT H ,

Joseph

S a n k an d T ru s t C o m p a n y S lo c k s

b o n d s

BOUGHT AND SOU).

G.

ilO C K

M a r tin ,

BROKER

AND DEALER IN
USCKLLANKOCS NEOURI'TIES.

I« (State Ht.. B(wl»«. Mo...

NKW VOMH

N ew Y o rk and B ro ok l y n
m u n ic ip a l

» rrv v in n »

K A lk K O A U

tnd all Local Secorltlea Uon»ht and Sold

IB nitO Ail OTBUKT,

C le v e la n d , O h io,
3 1 1 - 3 1 3 H n n erlor 8 t

'.M.

MEW YORK BROOKLYN AND JER
SEY CITY BONDS A SPECIALTY.

W . N . C o le r 8c C o . ,

W ash.

A ta te ,

K8VV YO R K .

S ta n w o o d & C o .,
BAXKERM,

B R O S ,,

INVESTMENT BANKERS.

M O R TG AG E
E.

NEW LOANS.

C o .,

S tr e e t, W y k e s & C o . ,

M U N IC IP A L

surer City. fad. 9. IX. la . V. 00, p. 949

V. 60, p. SOU.ail; V. «l, (). 1070
v. Y. 00. p .*.!
Y.»>.p. t l « l Salem, s.li .................... V.W,jp. m
v. pi . p. m Salem. W, Va..............V.d# a l f t w l

W e
...

.

St. Paul. Minn. ..VC no, p. 724. 840. Bm

Salem. Mass.... ..... ........ VCM , p. 701

NEW LOANS.

BONDS.

» .. Peel. Minn
Toerkn. Kas
Denver, t;«l .............
Tnroma, VVe.b

CITY DEPARTM ENT.-CONTINUED.

AND

Pr.»nchart-rain Levee
Saline Co., Mo................... V. 01, p. sSi
Richmond Co„ N. VC,
Disc, La,........-. . -V.dO^p, i|6l
" “
—VC 60. p. 761,89s, 1116; V, 01, p. S2 tail.I.akeCity. I' ’
VC6 L p . M k 2 .rt Rlehmoml Hill, XC Y..\. 61, p. 252, 3X5 San Antonio. Te
Pontiac. JAfeb..... .
^ -,V.
^50.
Portage. W a........ .......
VC
00. F
p..f849 Richwood. Q............. VC61. p, 805, 81
p. 82, 213. 2Cl.
60.
p
Port Clinton, O. VC00, p. i07 ; VC01, p. m
u*y Co Mo..................V. ri_ O- l"d SandersTille Ga..
VC09, p. 1027; VC6L p. 340
Ripen, Wis.
........... Y. ol, p. 252 j
Potter Co- lo> . . . . . . . V
Port Huron,
p. §4,1128
Riverside, Cal. .. -VC6 >, p. 9*0, 111II; Sandusky, o ..........VC01. n. 7 ^2. 841
Portland. Me-...............
VC62, p. UB
VC61, p. 8-4 t Sanford, Fla............... . VC01, p. 1032
Riverside, G................VC 60. p. 0 4-2 San Francisco, Cal....... . VC61, p. 88.4
1 \c]&x p. m ’sso, 1072, mo, n e i; v. Riverside Co.. Cal..... .. VC 60. p. 850
.
SL p. SO, 252.
Roanoke. \'n......................VC 61, t>. 252 San Leandro, Cal— Y.6t, u. 9*7,1075;
Portsmouth, la......... ... V. Oo. p. 10 ><•: Rochester. Mich ..............VC62, p. 1+8
VC62, p. 51, 103
Portsmouth, X. H.............vc 61* p. 125 Rochester, N. VC. .VC61, v. K m ; VC62. San Luis Obispo, Cal., .VC 61, p. 673, 70S
Portsmouth. Va-.... ,
VC63. p- 886
t>. 51,103 ; Santa anna, c»L..............Y. 00. p. 980
Port Towa^end. Wash.... .VC 02, p. 102 ' Rochester, Pa.......
...Y*§ 1, p. 886 Santa Barbara. Cal.VC01. p. 073, 841,886
Port Townsend, S. D. No. 1, Wash.,
Rockbridge Co.. Va. VC61, p. 722, 7t?3. Hants Barbara t’o..CaL.VC60*^.
886, Mi i
V. OL P- $80
Pottawraiamie Co., la
. - VC00, p. «>8»» Rockdale, Tex............. .. V. #i. p. S t Santa Moniea, Cat,....... .-V. 01. p.*&$9
PottsvUle, Pa........... V. 6L jp. UTa, «32 lt.iekford, MicU..v.cl. p. .'is.as:,. 1st; Santa Rosa. Cal ..... .........V. 61. p. 722
PmMe dti CMett, VTis......,V. 01, p. »7> I
V. «s. n i 03 Saranac Lake. XC V .. VC01. p, 886, 977
Preston, Minn............... VC61* p. 886 1 RockUtfOutm Co., N. H.V.«>. f .« « . 10*7 Sargent Co., X. I)............ vc oi. p. 944
Ptincetoa,Mine -VC tW, p. :ty.
Rockland. Me.................... V. i!2. p. h - Saugus. Hass...................Y. 60, p. 1116
WL 1 Hi J; v. 61. p, 82 Koeklactl, Mass............V. ill. I I :io Sauk Rapids, Minn.... VC6L P. 888,1083
Prortden.ee,R. £.. VC60. p. 68*).701,10C4; Rockland Cm S. Y............ Y.81. p uo Savannah. Ga.......... VC01, p. 440, 484
VC61, u, . 07 7 Uookport. Ste<................... V. 81. p. 82 Schenectady, NCY....... V. 60, p. 723,896.
Pueblo Co., CoLY. 61, p. m , 9 7 7 , drt R o c k x m e .^ ..^
W12: V. 01, p. 673, 805; V. 62, p. 51,103
ai o gf(
Pueblo Co, a H. No. 1. CoS.,
*, :m Scott Co., Ran . . . . . . . . . . V. 01, p. 763
VC61. p. 140,701 Kockrtlle Centre, XCY.Y.09, p.805. W ) Scranton, Pa.. VC61, p, 127 ; \C02, p. 148
Pulaski. Tens....... ..... . ... VC60. p. 0*0 ! Hockwell City, la.,
Scrantun S. IX. Pa
. . VC61, p. 841
Pulaski dty v »........ ........vc m, p.m
U28; Y.
VC0 *, p. *057,1116, VC61, p. 125 Seat tie. Wash .. -V. <31, p. 914, 62,
p. 148
1076 Holln. M o........
/“Nula^y. III,,...... ...........V.fio, P-11
.... - .VC01, p.077 Seattle, S. Lx. No. 1. Wash.,
Q u in cy, Mem .. ..-VC 6 C p.
R»>me, Ga..... V, 61, p. Bite. *4 i . -xd, Ml
V
C
60,
o
OIL
1072
ti, .we. s . r ................ v. til, p, 6s». «a» Sedalia, Mo V. 61, p. 722, 7 63, 8-4*2.
Quitman. Ga...... .......... V. «o, p. 0-13 K’
Co., Minn..
V.
«
k
>
.
|
»
.
10S8;
V.
(U
.>
120.
SS*
I> adforO. VU.
. VCOC
|033
SedaUa D.. Mo............. VC60, p. 1164
Ktifand. e. Y... V. fll. P. 10xf. USS; V. HfHersviile.
1V
■
Pa ..... VC60, p. 1
03. p. 103 Shawm Mass.......
Ba*as«y Cd., Minn
.. VC00. p. hum Kot)an,i.Vt.............. V. 00, p. ?«1.
— VC01, p. 7 . ,
1U«
fcamany Co„ X. i * .
vc «o, p. 723. 808
Sharon. Pit . ........... V. fit, p. MW. 1 .
lUfiklii. Pa....... Y* *l- p. 165,4-rt. *10
Sharpstmrg,
Pa.............
v 00, p. fi
3
14areturn u, . . . . .
... VC01, p, 107 s OMtnaw. Mich..........V. 01, p. m , 3 * V.
lieadlw. Maas ................. VC01, p, 82 Ot. vuifuptiue, Fla ...V.DO, p.HM;
02.
p.
51
Headtrig. Pa ................ VC6L P- U28
Shawnee Co., Kan....\r. Ot. p. 120,440*
Minn.,
Heading. 8. IX, Pa ..VC61, p. iufe: VC St. Charles.
914. 977. 1075,1164
V. ISO.
S9? ; V,
V.61,
01,pp.
62, p Cl St. Clair, Pa......................
. SS Sh&wne-down, III...... . . VC61. p. 120
St.
Clair,
Pa........................
v
•
Haidahoro, Vt......... ...... VC6m. p,723 It. clued, filnn............... v . et. p, T*i Sheffield, Ala.. ..... V, 01, p. 977, 1075
Y. 61. u. I 'i rhi-n-yvllle. Ill ........ V. tU, p. 077. 1128
B*tkcy. to*
. ...v.eCn-si St.Clued,
I Iktmce.fimn...............
Mich.................V.
Reeve* Co,, t m ... VC6|, p. 1075; VC*2,
Sherburne. Minn...,..... .VC 60, p. 1072

NEW LOANS.
Cslembe,. Ohio........
Celumbe*. Ohio......

201

Q U O T A T IO N S ,
Bank Stocks anti Trust Company Stocks
Furnished the Ft!*AsctALOUitosiOMI and revised by

W.LLIAM

A.

LOMBARD,

HANK R,

C LIN TO N

34 N A S S A U STREET.

G IL B E R T

■l WA L L ST.. NSW YORK,

130

HROAD WAY.

( NEW YORK.

Bank and Trust Co, Stocks and Mlarallnneoua Serliles Bought 1111(1 Bold. <orreafxmdenoesolicited

rvou lxH.

THE CHRONICLE.

202

INDEX TO STATE AND CITY

DEPARTMENT - G oncluded.
White Plains, N. Y .... V. 61. p. 812; V .
62, p. JOi, 148
Whitman, Mass................. VX 61, p. 105
Whit man Co.. Wash....... V. 61. p. 4N7
Wilbarger Co., T ex........... Y. 6J, o. 9/7
Wilkin t’o , Minn............... V. 6 , p. 941
Wllkinsburg,Pa. VX 61, p. 887, 977,1129^

•i ' uv-tu’i Wu*.h.. - V. 60. p. (578, 1 « 1 S ; \X7uCO, Tex............... V. 01, p. 8 4,165
SiuKhvllio, Teat.............. T . flK p. 1*8* | 1 v T l, p. 1081, 1 0 3 5 . 1075; V. 62 VV nkefleld. Mich...... Y: 01. p. 7b* ; V.
Sotvav -V Y ..................... V. C l,n .m (
p. 40
62, p. 148
SetaeiwwvfMi. N, 11......... V, 61. p. <388 1 Tat mace Neb V ». p.722,80S- ?v86 Wallace Co., Kan
.........Y. 01, p. 944
Somerville*,. Mm*~. Y.60.p.?*9>7tl.1 1 1& •i n u fV la
,v. y. i i, p. 7«-H, 1032 * walla Walla Co.. Wash.. ..Y. 61 p .4S 7
South Rend, I n i ............. .VX 01, I>.sr* ; Turn-town V. V
........ V. 61. p. 1075 , Waller Co., T e x ............... V. «•. t». 252
Sent It Carolinn. —
V. 6». p. gw ; Taunton Mass ...V . 60, p. 701; V. 0C i Wallingford,' Conn V. 61, p. 1075,1120
South
... ..V, 8©, p. <-l. W6 :
,! li?" via. 481, 520 ; V. 02, p. 148 Walpole. Mass..V.60,p. 9i 1; V.6*,p.340
South €ilew» Falls, N. V.. . Y . *11, p. 3So; : Tn/eweh <o’til.
V. 61, p. 252
Waltham Mass.,
V. 02. p, MS T;‘euujVt!U SD . N0.32.Neb.
v . « 0, p Oil
V.< O, p. 1027; V. 61. p. I (! )
South Unveil. Ml eh
V. 60, p. 701 Tehama Co Cal
.............Y. 02, p. 52 |Wapakoneta. O........... VX 60, p. 8b6,980
Sottt}tittgf.oh» Ivy. ••
¥- 0% p- *.@3 ; i :, S
Park, I f T ... ■VX02. p. 148 i
Wapello Co , Xa.............IX 60, p. 1M 4
Soil*I* 2*o ft a ll, (lentil, V. 60, p. 113fli l 3W 1erre Haute Ind.. . Y. 60, p 080. 1027 IWarehouse Point, Conn... .V, «C p. 704
South Omaha S, l>„-Keb.A..v.61. p*
Y. 61,0.674,7 « « , Warren. Ill..................... Y v61/«?*n4V f ?
South River, N. J ........... V. 61, p. 7*» i v m . : v077 1032,1075;
V. 62, p. 52,148 . Warren, Mass.................. V. 60, p. a l 1
Sporta. Wls. ------ -NktoAftSk | 6 t
S \
...............V. 63, p. 581 | Warren, O..................... V.
60, p. 724
Spurtn, S. ti. X<*. I, WM.. V. 01. p. 3 1 0 Theresa
Tbmnusvllie Ga. WX(50. p. 761, O^O; V. Warsaw, v. Y .............
Y. 60. p. 89b
Simit^Bhurjj, Win.... . . . . . . XYX*i, |>.2h5
0
1
p 887.1076; V. 02. p. 104, 148 Waseca Co., Minn...... .
V. 62. p. 52
Sparteotnirk Co., S. C......V. 0*2. p. I 0 I Thomsonviile. Conn..........Y. 61. p. 722 Washington...............Y. 61, p. 529,1032
Spaulding Co.,
— .. . V. 66. P* S48
980; V. Washington Pa ......(Si, p. leo
Spencer Co., Ind....... ........ V, 62, t>. HS Thumsonvllle. Uioh...V.60, p61,
p. 941 Washington Co., Kan...Y> 6!, p. 1 *13 1
Spokane, Wit.“ih. . VX 00. p. JSt 1 j \ . TJ -n-ston Co., Wash....... V. 61, p. 67 *> j Washington Co., Me.........P-214
01. p. IJit. 0 32 *ri.us Cn Tex........ ..
..
V
X
62,
p. 148 iWashington •*0., Miss..... V ,60,p. 9 4 3
Spokane Co.. Wash...... V. 61, p. 48*7 t : TltusCnio, Pa ........... V, 00tp 111-8
: Waterbary, Coan.........^61.0.^0,120
V. 62, p. 108
O , Y. 60. p, 041; V. 6L, j>. i M l Waterbury, Vt.......
61, p. 38^
Spring City, F a,..... .... — V. til, p, |W Toledo
077,1032, 1075,1128,1164; V.
P. 52 ( Watertown, 8. I )----- . V. 61, p.977
sprtngfloW. Maas.... -V. 01, p. 580, (>*i!S Toluca
HI...........
Y,
61,
p.
671,
7
6
3
i Watefyilte, Me...... — Y. 60. p 107«
Sprtngsield, Mo...
Co., Minn..... ..V. 60, p. *61
V. 00, p, SOS, Oil. 5-SO, 1116 Topeka Kan.,
60. u. 701, 896; Y. 61, p. 1 1 3 0 I Watonwan
Wauwatosa, Wis.......V. 6i, p. 764, U64
SpiftarteM, Neb., — V. w i P. 60$, 1072 TravisV.
Co Tex....... ...........V. 60. p. 080 j Wayne, Mich..............V. 61, p. 806, 1032
Springfield, O.. . . . . . . . . . . . y . 01, p, 21* Trenton,
Y, 61, p. 887, 944,1032 Wayne Co., Mich....... . Y. 60, p. 724, 8^6
Springfield S. IX, O....
V. OI, p. S 4 4 Trenton Mich__
N .1 Y. 61, p. 214; V. 62, p. '04 Wayne Co., O........., ..., V. 01, p. 82.126
Spring Grove. MSnn......... V. 61, ft. *22 Trigg
Kv... VX60, p. t*06; V.6J, n.40 |Waynesboro, Ga.............Y . 61, d. 1129
Springnells, S. D., ho. 2, Mich. .. V. 61, TrinityCo.,
Co..
Cal...............V.
60, p. 7'* 6 Webster, Mass— V. 60, p. 724. 896, 941
p. 1032 Tr,.v N V
... Y. 61, p. 21X 7*3*3.806 i Webster Co., la ..................V. 61, p. 722
Standish. Mieh..... ........ ...V . 60. p .80$ j Tucson.
Ariz............
V.
61,
p 1 1 3 9 |Weir City 8. U N o.94,Kan.V 60 p. 8|6
Stanton, Mich....... .-V. 60. p. 7 GI
NX V ....................... Y .61,p. 681 >Wellesville, O ...........
..V .61,p .82
Stapleton. NX Y.,.-.............V . 60, p. 724 i Tuliv
Timkbaimock ^ ..... .V. 62 p. 48
Wellington O .V .60, p 724; Y.61 p,H40
V. 00, p. 701 I Turner
Stark Ct O .. ........ .
I1E.................V.
(5
1
.
p,
520,
7
<
4
;
W
enhera.
Mass........
V--60,
p. 04L 102)
Stanatots, V «.......
VX. 61. P-1101
60, p. 7*4,1110; i West Cape May, N. J .. . . . . .V. 61. p. 440
Stevens Co., Wash........ .VX 0t, p. 4M7 Turtle Crf ek, Fa.X. ,7V.V.
HI, D. 105, 440 I West Carrollton, (>..........V. 61, p. 214
Stewart Co..Ga........... .
V. ill, p. 40 I Tkiah. Cal...Y.61, p. 1032.
1 16 4; V. j West Chicago, 111..
StewartvUie, Minn.............V. 60. p. 8*-6 | usu,
v
62, p. 14S I
V. 60, p. 941; Y. 61, d, 252
Stockton, NXJ ................. . IX 61, p. 82
Co., N. Y ....... .Y. 61, p. 1129 j West Cleveland, O — ,.Y. 01, p. 1 0 3 1
Stockton, Pa.................... V. 01. p. 206 Ulster
Mo.......... ...............V. 60, p. 941 ! West Conshohocken, Pa..V. 60, p. 1083
Stonewall Co., Tex.......... .. v . 62. p. 148 Union
Union, S. C.............. -.......Y. 61, p. 1129 1Westerlo. N. Y ................ V. 61, p 1129
Stony Point On. Free s. I). No. 2. NX Y. Unlonvllle,5Io..................
Y. 61, 0. 977 West Hoboken, N. J....Y . 61, P- 82,126.
*, V. 62. p. 5 1,104
rnioSrtlie; O ....................V, 01, p.806
1129 j V. 82. p. 52
Story City. ia ..................... V. 62. p. 52 Unsimr
Co.. Tex .............. Y, 61, p -126 i West Indianapolis, In d ,.... Y, 61, p. f*4
..V. 62. p. 52 ! West Palm Beach, Fla.....V ..01, p. 874
til. p .; 20 •Upshur Co., W. Y a.....
Utica N. Y...................Y. 61. p. 82. 326 West Pittston Pa.. .V. 60, p 1027,1116
Sutstm, Gal.,. .V. 61, p. 014 ; Y. 62, »•. 52 Trailer
Go., Neb............ VX ftO, p. 1116 i West. Point.. Miss........... . V. 61, p. 7«ht
Summerville, Ga........ .
V. (50, p, S0H V alparaiso.
Ind............. V. 60. p. 7&ti Westport, Mo ......... ,.,,Y. 61, p. 11*9
Stunner Co... Tenn.......... V. 02. j«. 101 Vancouver,
Wash......V. 61, p. *95, 484 |West Troy, N. Y
V, 62, p. «j2
Superior, Wifi. ... V. 61, p G7 6, r86. V44 Van Wert, O......................
V. 61, p. 628 ! Westwood. O ..... V. 60, p. 849; V. 61, ».
Sutter r0„ Cal................V. (50, p. 81 I Ventura, Cal..................... Y.
^1, p. 1-5 I
295, r30, 764, 806, 887,1032,1075
Sweet Grass Co., Mont.,
IX 61. p 674, 722.1075 Ventura Co.. Cal............. V. 60, p 9 4 3 I Whatcom, Wash — ........ V. 61, p. 527
VX 61. i», 977, 1164 Whatcom Co., Wash.. . . V. 61, p. 4^7
Syracuse. N. Y. VX 0o. p. SPfl. 080; VX I. Vermont, 111.......
P. 106, 213, 520, 581. 628. 674. 077.1075: Vicksburg, Miss.. .... . . . . . . Y. 61, p. 977 Wheeling, W. Ya..
V. 60, p, 1027,1118; Y. 6i, p. 40
V. 62, p. 148 Virginia,'Minn.......... Y. 61. p. 674, 842 I

Ad r i a n H. Mu l l e r & S o n ,
R eg ular W e e k ly Sales
—OF—

S im o n B o r g

&

C o .,

BONDS

Railroad and Investment Securities.
Long distance Telephone:
“ 114 CORTLANDT.”

Cable Address;

“ RUDEIiATION, N. Y.

EVEKY WEDNESDAY.
LOCIS MBS1BK

Office. No. 24 Dine Street N. Y.

P a r k in s o n &

B u rr ,

H a ig h t

&

F re e se ,

Bankers & Commission Stock Brokers,

R o ls to n

&

B ass,

8TOCKS, BONDS AND MISCELLANEOUS
SECURITIES.
W, EL ROLSTON,
I 1 6 B ro n d S tre e t,

NEW YORK.
EDWIN S, HOOLEY, I

P. 0 Box 2,956.

G i lm a n , S o n & C o . ,
Bankers ,
N o . 62 C E D A R S T R E E T ,
In addition to a General Banking Business, Baj
anu Sell Government Bonds and Investment 8®
curitles.

ill

STREET,

NEW

YORK

E s ta b lis h e d 1 8 6 5 .
MEMBERS OP NEW* YORK STOCK EXCHANGE.
Allow interest on deposits subject to sight check.
Boy and sell on commission stocks and bonds either
for cash or on margin, and deal in

Investment Securities.

A . M . KtDDKIt,

H , j . M orse ,

chab . d . Ma r v in .
W . M. K id d e r .

203

BROADW AY, NEW

R ooms 508-509

YORK,
B u il d in g *.

m a il an d e x pr e ss

REPORTS

FOR

INVESTORS

ON RAILROAD PROJECTS AND PROPERTIES
Railroads Located on Economic Principles.
Plans, Specifications and Estimates Furnished.
CONSTRUCTION SUPERINTENDED.

JOHN M ARSTON, J r . ,
C iv il. ENGINERH,
. ROOM 202, BULLITT BUILDING,
P H IL A D E L P H IA ,

WMk
BOOKS

FRA N K LIN

HAUL

ACCOUNTANT

AUDITED*

INVESTMENT BONDS.

New forms designed for hooks of account.

Accounts of Banks, Bankers and individuals
received on favorable terms.
NATIONAL BANK REFERENCES FURNISHED.
U P T O W N O F F IC E . 1 1 3 2 B R O A D W A Y .

418 Exchange Building, 53 State Street3 Boston.

F r e d . M . S m it h ,
70 SOUTH S T R E E T ,

AU BURN , N E W Y O R K .
Makes specialty o f Bank Stocks, Municipal aud
Water Bonds and furnishes Solicited Information

C . H . V a n B u re n & C o . ,
B A N K E R S AND B R O K E R S ,

62 B R O A D W A Y , N E W Y O R K .
STOCKS, - BONDS,
And High-Grade IXnvestnient Sec-wHUes,

f t rEC IA jj

B AN K ER S,
W

O.V. 6L P- 440, 674,887,977
Z anesville
avalla Co.. Tex............. V. 61, p. 842

EX P ER T A C C O U N TA N T,
,

STOCKS, BONDS AND G R A IN

Circular Letter, including list of selected Bends,
____ _
Mailed Free.

18

Co., Wash....... V. 61, p. 5 3 0
Y akima
armouth, Me.. -............. V. 6i, p. 628
Yeadon, P a..........VX 61, p. 7 6 4 ; V.02.
p. 148
Yolo Co., Cal ....... .........V, 60, p. 8 11
Yonkers, NX Y ......— VX 60, p.702, 897;
VX 61, p. 40, 1*7. 165, 214, 295,385, 53CL _
1033,1075
York, P a ..... ........ ......... Y. 60, p. 941
Youngstown O...... V. 8-l, p. 941. 102u,
V. 61, p. 127, 165, 340, 140, 722,A4|

L a te A u d ito r o f N. Y . L , E . & W . R R . Co*.

53 B R O A D W A Y , NEW Y O R K .
8 5 S T A T E S T R E E T , BOSTON.

BANKERS AND BROKERS,
Bought and Sold at 1-16 Commission.
66 B R O A D W A Y ,
NEW YO RK .
8 p e cia l a tten tion g iv e n to o u t -o f-to w n a c ­
BOSTON O F F IC E , 5 3 S T A T E S T .
cou n ts.
Members of the New York and Boston Stock Ex­
changes. Private wire between the two offices.
TRANSACT A GENERAL BANKING AND
Information given in regard to all Boston securities
STOCK EXCHANGE BUSINESS.
and quotations furnished.

IN V ESTM EN T BONDS A SPECIALTY

. V. 61, p. S t 5

enia, O..........

W e s l e j F a r r in g t o n ,

ESAUraS IN ALL KINDS Of

Bo u t b a e n a s o t r a r a w s A S p u c i a l t t ,

M. F. B.EDMOXD.

X'

I fim u .c lu t ,

N o . 2 0 N A S S A U S T ., N E W T O R E ,

AUCTIONEERS.

and

Worth Co., Mo. ...............V’ 6 L P. 1033
Worthington,. Minn.,
V. 60, p. 1116 ; Y. OX p. 214
Wyoming, O..Y. *>1, p. 214 rV. 62, p 104
Wyoming Co , W, Va ......V. 60, p. 1164

ffitm u c ia l.

IJ im m c ia i.

STOCKS

VYtlklnsburg S, D., Pa T. 61, p. 105, 252
Williams Co., O
......VX 6i, p. 107N
Williamsviile, NXY.............. VX6L p. 40
Wiflimantle* Coxm^.V.
W11loughby, Oj....... ........... VX 6 ' p. 7*4
Wilmerding, Pa,... . . . . . . . . V'. 62. p. 148
\Vrtlmington, Del.. — V. 60, p. 724.102/»
1073; V. 61, pi 810, 3*5
Wilson, N. C....V.01, p .800,1032,1075;
VX 62, p. 1 • 4
Winchester. Mass.,..V. 60, p 980,1027
Whidbm, Minn.,
V. 60, p. 1073; VX 6 1, p. 40, 165
Windsor Locks, Conn....... VX«1,p. 842
WinfieM, Kan................VX 61, p. 6 7 6
Winona, Minn.........AX 61, p. 977, 1032
Winston, N. C................ Y. 62, p. 1 4 9
Wintbrop. Mass..Y. 61. p.li64;V ,62,p.o2
Winton Place, O..V. 61, p. 440, 628, 806,
944, 977
Woburn, Mass.,
V. 60. p. lied; Y. 61, p. 1075
Woodbury Co., Ia.,
V. 60. p. SOS, 897 ; V. 61, p. 82
Woonsocket, K. I .. — VX 60, p, 724, 809
Worcester, Mass„V. 60, p. ^762.^849, s'YX

Jj'lLE

f )Q VE R

—FOR.—

f ' j HitoNKJEji; f i r r r / . E v i:\TS

S e t t l e m m t o f I n s o l v e n t E sta te s*

J o s. O . O s g o o d ,
M. Am. Soc. C. E.
C on su ltin g E n g in e e r 1}
Reports on Investment Properties for Banker©
and Investors.
Examinations in regard to physical condition and.
character, earnings, management, needs, value, etc,-.
R a ilr o a d L o c a tio n an d C o n s tr u c tio n ,

120 BROADWAY

-

G. S. ELLIS.

G.

S.

-

NEW YORK’

EDWIN H. ELLIS.

E L L IS

&

S O N ,.

5 6 W A L L S T .5 N E W Y O K E ,

PUBLIC ACCOUNTANTS^
AND AUDITORS.
(Mr. G. S. Ellis, 15 Years with the Central Trust Co of New York.)

Experts Sent to any part of the United1
States and Canada.
Audit and examine Accounts o f Individuals, Re
ceivers. Committees, Assignees, Executors and Cor­
porations. Negotiate unlisted Securities, Loans, &e-

Can be had a t office fo r 6 5 cen ts o r
m ailed fo r SO cen ts.

WILLIAM B, DANA COMPANY,
7<»hs P in e S tre e t, N ew Y o r k

W ALSH

&

FLOYD

26 B r o a d S tr e e t,

STOCK

BROKERS,

THE CHRONICLE.

Jaseast 25, 1896.]

S n o h o m i s h C o u n t y , W a s h .— T h is s t a t e m e n t r e g a r d i n g
fin a n c ia l

c o n d itio n

th e

o f S n o h o m is h C -m n tv h a s b e e n c o r r e c t e d

b y m e a n s o f t h e r e p o r t o f P a 'e r L- q a e , A u d i t o r .
W A «t D u e.

LOAN S—

FCMUSO BmSOS—

H o n t i n e d e b t ........................ $ 1 1 6 ,7 7 3
T o t a l d e b t J u ly 1 , 1 8 9 3 . . 3 4 0 ,7 7 3

Cash on hand...................

13,793
rh . : aa . 3
Equalized valoatlon'sis 7,284.037

« -............$115,000-...Feb, 1,1902
( 8 1 1 ,5 0 0 a u e y r l v i t o F e b . 1 , 1 9 1 1

D ec. 1 5 ,1 3 9 5 .
T o t a l d e b t ..............................................$ 1 ,3 1 7 ,8 6 8

Population in 1890 was....... 8.514

T ea rs.

P o p u la t i o n in 1 8 9 3 t e s t.) . . . 2 0 , 0 0 0

1 8 9 5 .. $ 1 7 ,0 7 0 ,4 0 0

t o D e ce r n -e r

C h k osic le

1 5 , 1895, b y m e a n s

fro m

S ile m

of

a

F . A . N e w e ll, C ity

T h is

sta tem en t

has been corrected

s p e c ia l

report

to

th e

T reasu rer.

T h is c i t y i s in E s s e x C o u n t y .
LO AN S-

1

-la, J&D, $48,000.......June 1. 1806
($ 6 ,0 0 0 d u e y e a r ly ) t » Ju m - 1 ,1 9 0 3
M it s io W ju L o w s 1 3 9 5 —

105,049

$ 1 ,0 2 3 ,8 7 6
6 8 9 ,5 0 0 1 0 3 ,4 2 5

S ea l.

10,463.200

’Assessed V a lu a tion , ------ — -------------- ,
P ersona l.

A d d itio im l.

$ 1 0 ,4 9 8 ,2 0 0

$ 9 ,0 0 0

11,933.500

Tax p e r
$ 1 ,0 0 0

T o ta l.

$ 2 7 ,5 8 3 ,6 0 0

-13,500

..........

28.560.200

$10-80

1 8 9 3 . . 1 5 . 7 8 1 .1 0 0
1 1 , 1 2 0 .8 5 6
6 7 .9 4 0
2 6 ,9 6 9 ,7 9 6
17-SO
1 8 9 2 . . 1 5 , 3 9 3 ,3 0 0
1 1 ,0 3 4 ,5 7 0
3 0 .7 0 0
2 6 ,4 5 8 , 5 7 6
1 0 -0 0
1 8 9 1 .. 1 4 ,7 7 8 ,7 0 0
1 1 ,4 3 0 ,0 1 3
5 ,6 0 0
2 6 , 2 3 4 ,3 1 8
1 8 -0 0
1 8 9 0 .. 1 4 ,2 8 0 ,5 0 0
1 1 , 3 8 8 .6 9 0
2 0 ,7 0 0
2 6 , 1 9 8 ,8 9 0
1 7 -0 0
1 8 8 9 ..
1 3 , 9 9 9 ,6 0 0
1 2 ,0 5 6 ,9 5 1
2 ,8 0 0
2 6 , 0 5 8 ,3 5 1
1 7 -5 0
1 8 8 8 .. 1 3 ,7 7 3 .0 0 0
1 2 ,5 7 7 .7 2 .9
2 4 ,0 0 0
2 6 ,3 7 5 .3 2 8
1 6 -0 0
P O P U L A T I O N . — I n 1 8 9 0 p o p u la t i o n w a s 3 0 ,8 0 1 ; i n 1 8 8 0 i t w a s
2 7 ,5 6 3 ; In 1 8 7 0 It w a s 2 4 ,1 1 7 . P o p u l a t i o n In 1 9 9 5 ( e s t i m a t e d ) , 3 1 , 0 0 0

LOAN S—
W h en D u e .
M v s ir n u . L oan 1893—

W h en . D u e ,

CA.VA.L STREET—
48, M A N , $ 3 6 ,0 0 0 ...
M ay 1 .1 8 9 6
$ 6 , 0 0 0 y e a r ly ) t o M a y
. 1901
Im pro vem en t l.-iiv 1892—

-— —---- —
1-9 1 -

H . T u rn er, M ayor.

166,711

$ 1 ,1 0 0 ,5 2 3
6 8 1 ,5 0 0
1 0 3 ,4 2 5

A S S E S S E D V A L U A T I O N . —T h e c i t y ’s a s s e s s e d v a l u a t i o n a n d t a x
ra te h a v e b e e n as fo llo w s :

S t a t e & C o . t a x ( p e r 1 , 0 0 0 ) .$ 1 9 0 0

M a s * .— J a m e s

J a »t. 1 . 1 8 9 5 . J e m . 1 , 1 8 9 4 .
$ 1 ,2 6 7 , 2 3 4
$ 1 ,1 2 8 ,9 2 5

N e t d e b t ........................................ $ 1 , 0 8 8 ,4 2 9
W a t e r d e b t ( in c lu d e d a . . o v e ) - - .
6 9 9 ,5 0 0
T r u s t fu n d s ( in c lu d e d a b o v e ) . . .
1 0 3 ,4 2 5

Bonded debfJuly V S S .V d ^ d b O
S a le m ,

229,139

Sinking funds and cash.............

0 * ._____$35.00(1 ... .Mar. 1. 1914
KOAD aSO BRIDGE Bosr.—

regarding the financial condition of

203

San

Cal.— P a u l P . A u s t i n , M a y o r . T h e f o l l o w i n g
statement h a s b e e n corrected t o date b y m e a n s o f a
r e p o r t to t h e C h b o n i c l e f r o m J . W . C o o k , C i t y C l e r k .

Jose,

fin a n c ia l
s p e c ia l

4*. FA *. 863,000 .... Aug. 1. 1896 i » , AAO. $51,000...... Apr. 1.1890
{# .0 0 0 due yearly) to A me. 1.1902 1a. MAs, 0,000 . .Sept. 1,1890
Pi ntle UmtucY—
Improve vest Loan 1898—
4s, A AO. $40,000.......Oct. 1, l s»6 0-. AAO. 825.000.......Apr. 1. 1908
Sewkr Loa*»—
( 8 5 ,0 0 0 d u e y e a r l y ) t o O c t . 1 . 1 9 0 3
4s, .U-O, $50.000...... Apr. 1. 1«9«
i M I l f t V ! « ) -.) I.O A S S 1 8 9 1 —
4a, M.V8. 8'l.OtiO...... Mur. 1 ,1800 { # , 0 0 0 t m y e a r l y t o ) A p r . 1 , 1 9 2 0
Water Bonds—
•89.000 due yearly) to Mar. 1,1904
4-. M.v<, $12,000 .. Mar. 1 ,1396 6*. AA<). 873,000....Apr. 1,1808
(83,000 doe yearly) to Mar. 1.1799 .3-. J A .i , 3 9 8 ,5 0 0 -------J u ly 1 , 1 9 0 4

LO AN SW h en D u e. I
LOAN S—
W h en D u e,
B r i d g e BO N O*—
I P a r k B on d s—
# » . . J a n ., $ $ , 2 5 0 , g . . . . $ 7 ! W y e a r l y 5 k ...T a n .. 3 2 7 .5 0 0 . g . $ 2 , 5 0 0 y e a r l y
C ir v H a l i. B o n o s—
1 S k w b r Bon d s—
5 ( t „ J a n ., $ 8 2 ,5 0 0 , e . .',5 0 0 y e a r l y fig ., J a n .,$ 1 5 6 ,7 5 0 , g . 1 4 ,2 5 0 y e a r l y

iM P gO Y E M E V f L o IK 1 8 9 5 —
1 » , J A D , 2 0 0 .0 0 0 ....J n o t 1 ,1 8 9 6
(
y e a r ly ) to J u n e 1 .1 9 2 0
3 4 * . A A O , * 2 5 . 0 0 0 .......A p r . 1 , 1 8 9 0
U . F A A . $ 2 0 ,0 0 0 . . . . F e b .
,1 8 9 6
t $ 2 2 > 0 0 d o e y e a r ly ) t o A p r . 1 , 1 9 0 5
; 1 8 2 ,0 0 0 d u e e a r l y ) t o F e b . ! , 1908
M l'N lC tP A L L o a n 1 8 9 2 —

T O T A L D E B T <m D e e . 1 1 ,
. w a s $ 2 7 5 ,0 0 0 .
n o s i n k i n g f u n d a n d n o f lo a t i n g d e b t .

88.000

4s. JAIt, 866,000....... rune 1. 1890
($3,000 duse yearly) to June 1,1917 •

1

5

P A R V A L U E O F B O N D S . — T h e b o n d s a r e m o s t l y In 8 1 ,0 0 0 p t e e a « .
I N T E R E S T i* p a y a b le a t t h e M e r c h a n t s ' N a t io n a l B a n k , B o u to n ,
M ass.
T O T A L D E B T . S I N K I N G F U N D S , E t c - T i m s u b jo in e d s t a t e
m e n t s t u n r - S a le m ’ s t o t a l m u n ic ip a l d u o , t h e .i n k i n g f u n d h o ld b y th e
o i t y a g a in s t t h e s a m e , a tn l th e w a f e r d e b t , o n e a c h o f t h e d a t e s n a m e d .

MISCELLANEOUS.
1

SECURE

u n tv .

I N T E R E S T l " p a y a b le a t th e o f f i c e o f t h e C i t y T r e a s u r e r a n d b o t h
’ n t c r e s t a n d p r i n c ip a l a r e p a y a b le in g o l d .

1805

The

c it y

h aa

A S S E S S E D V A L U A T I O N o f r e a l e s t a t e f o r 1 8 9 5 w a s $ 1 6 ,2 6 0 ,2 8 5 l
p e r s o n a l p r o p e r t y , $ 2 , 0 1 6 , 9 0 7 j t o t a l. $ 1 3 ,2 7 7 ,2 5 2 ; i n 1 8 9 0 t h e a s
H e w e d v a l u a t i o n o f r e a l e s t a t e w a s $ 1 4 ,5 9 2 ,3 0 9 ; o f p e r s o n a l p r o p e r t y ,
$ 2 ,2 9 2 ,4 3 0 : t o t a l $ 1 6 ,8 7 4 ,7 9 9 . T h e t o t a l t a x r a t e ( p e r $ 1 ,0 0 0 ) i n l 8 9 5
w a s $ 2 6 ’0 0 ,
y
P r o p e r t y 1* a s s e s s e d a t a b o u t t j it* a c t u a l v a lu e .
P O P U L A T I O N in 1 8 9 0 w a s 1 8 , 0 6 0 ) in 1 8 8 0 W as 1 2 ,5 6 7 . In 1 8 9 5
th e p o p u la t i o n w it h i n t h e c i t y lim it s w a s e s t im a t e d a t 2 5 .0 0 0 .

MISCELLANEOUS.

J. Spencer T u rn e r,
J

T t is c i t y is i n S a n t a C l a r a C

BANK

VAULTS.

MISCELLANEOUS.
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P O P E “ A W N IN G *' S T R IP E S .
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A ge

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L iv in g

A W KB ILLY M U1AZ1NK OF

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of

Wm
money, yet whiefi

zto

t»r* of time m b
hm m am M
erery one who dosMrw to b« well tnformod ooncemtnn All the great qumtlffim m the clay.
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taU*rvenloir weekly Issues of 1808,

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H

A N

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L I T T E L L A CO., P .

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OF

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0,

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COMJJBBCIAL A FlJCASrtAt. CH.BOS1CI a.)

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AMZ1 DODD, Prealdent,
Aweu

(Market Value*) Jan. 1.18H6....... 45S.W4.Mg

Liability* <M. V. and Ma*«. Standard),... 51,81g,8SS

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FOR A SERIES OF VEAR8.

After the second year Poilde* are tHOOUTMTABt.g. and all ratrld ta m <u to reM m et, travel or

tn the Policy to Loan up to
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A second-hand n t from 1860 to date In good erla
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81 00
73

W ILLIAM tt. DA PA COMPACT,

W ILL IA M
7HH PINK STREET, DEVS' (IRK.

B. DANA COMPANT,

7043 P i n e S t r e e t ,

HEW

FORK.

A . S trassbu rger,
STOCKS & BONOS B R O K E R *
bOtmiKRN INVESTMENT 8ECORITIES,

Montgomery,

Ala.

I'll K

rmiONLOLE.

jE r u s t

Union

Trust Company
OF N E W

VOHK,

United

I vol i.x n .

llo m p iu x te s .

States Trust Co. AMERICAN LOAN
-A N D —

X o s. 4 5 <£• 4 7

W ALT STREET.

80 Broadway, New York,

TRUST

COMPANY,

C A P IT A L AN D SU R PLUS,
C A P IT A L , - - - - - - $ 1 ,0 0 0 ,0 0 0
B O ST O N , M A *S.
ELEVEN MILLION D O L L A R S .
TOUPUN, - - - - - $ 4 ,7 0 0 ,0 0 0
This Company Is a lesral depository for moneys C A P I T A L ,
$ 1 ,0 0 0 ,0 0 0
Authorised to net aa Execnxlor, Administrator
aid into Court, and is authorized to act as guardian, S U R P L U S ,
Guardian. Receiver or TOmatoe, and us
.
.
.
5 0 0 ,0 0 0
A LEGAL DEPOSITORY FOR MOM’A nist.ee or executor,
A legal depository of moneys paid into Court and
Acts «» Trustee of mortgage* of corporations and
IN
T
E
R
E
S
T
A
L
L
O
W
E
D
ON
D
E
P
O
S
IT
S
for
Administrators,
Executors,
Guardians
ana
accepts the tram*for agency ami registry of stocks
Allows interest on depoafta, which may he made at width may be made at any time ana withdrawn Trustees.
any time, ami withdrawn on live days notice, wtn after five davs’ notice, and will be entitled to inter­
INTEREST ALLOWED ON DEPOSITS.
Interest for the whole time they remain with the est fur the whole time they may remain with the
Trustees under Mortgages, Transfer Agents and
<XS?»rtttZe convenience of depositors this company ' ir'k'cutr.rs Administrators, or Trustees ox Estates, Registrars of Stock.
idso opens current accounts, subject. In accordance Religious and Benevolent Institutions, and individ­
BOARD OF DIRECTORS.
Srtth its roles to check at sight, and allows fo r e s t uals, will And this Company a convenient depository
sptm the result lug dally balances. Such checks pass for money,
Chas, Ifrancis Adams, 2d. S, E. Peabody,
tiarough the Clearing House.
„ w, , n
Oliver
Ames,
Francis Peabody,
A. STEWART, President,
Attends specially to the MANAGEMENT Ol< JOHN
Edwin F. Atkins,
Albert A. Pope,
GEORGE BLISS, Vice-President.
r e a l ESTATE and to the collection and remit­
Isaac T. Burr,
Alexander H. Rice,
JAMES 8. CLARK. 2d \ lce-Preslfient,
tance of rents.
, .
Sarauel Carr,
N, W .Rice,
HENRY L. T H O B N m .lt Secretary,
It makes ample provision in its
_ . TTT„,Q
F,
Gordon
Dexter,
R.
E. Robbins,
LOUIS G. HAMPTON, Assist. Sec’y.
NEW BUBOLAR ANTI FIRE PKOOi J A C U S
David P. Kimball
W .B . Thomas,
TRUSTEES.
for the safe keoplnK of securities placed in its cus­
Henry D. Hyde,
tody, on which it collects and remits income.
Samuel Sloan, Edward Cooper. Frank Lyman,
S. ENDICOTT PEABODY, President.
D. Willis James, w . B’yd Cutting, Geo. J . victor.
TRUSTEES.
N. W . JORDAN, Actuary.
John A. Stewart, Chas. 8. Smith, W . Wald. Astor,
Wm. Whitewriulit
H. Van Rennsl’r Kennedy
j
.
n
.
Rhoades,
W
.
Rockefeller,
James
Stillman,
E. A. COFFIN, Treasurer
K. T. Wilson.
James H. Ogilvie
Anson P. Stokes, Alex, K. Orr,
John UafUn,
Wm. F. Bussell.
James T. Woodward,
George Bliss,
W. H.MacyiJr, John J. Phelps,
a I). Wood
C. Vanderbilt-.
William Libbev, Wm. D. Sloa> e, Daniel Lord.
Wm. Alex. Duer.
G-.« - Williams,
John C. Brown. G. H. Schwab.
Charles H, Lelsnct,
tt. G. Rcmsen,
Edward King.
Atoasa J. Parker
E. B. Wesley,
Samuel F. Barger,
» . H. MoAlPin.
Robert Goelet,
T he State
T rust
o
George B. Carlmrt,
W. Ernlen Roosevelt,
Augustus Lowell,
Chauncy >1- Depew.
R O S T O V , M ASS.
36
WALL
STREET.
EXECUTIVE COMMITTEE
CAPITAL,
. . .
$1,000,000
Wm. WhitcwrtKht,
B. B. Wesley,
C
a
p
i
t
a
l
a
n
d
S
u
r
p
l
u
s
,
$
1
,8
0
0
,0
0
0
Wm. A . Dner.
C. D. Wood
SURPLUS,
. . .
750,000
G. G. Williams,
James T. Woodward,
A cts as T ru stee, R e g is tr a r , T r a n s fe r and
Bobert Goelet,
W . Ernlen Roosevelt,
T ra n sa c ts a G e n e ra l B a n k in g B u s in e s s .
F iscal Agent o f C o rp oratio n s, and a s E xec­
utor, A d m in istrato r, T ru s te e , G u ard ia n
EDWARD KING, President.
and Comm ittee o f E sta tes.
T a k e s full ALLOWS INTEREST ON DAILY BALANCES SUBJECT
CORN ELIUS D. WOOD,
>
„
.
TO CHECK.
JAMES H. 0GILV1E,
JVice Presidents. charge o f R eal and P ersonal E s ta te s . In ­
terest allow ed on D ep osits.
AUGUSTUS W. KEI/IjEY, 1
TRUSTEE UNDER MORTGAGES. TRANSFER AGENT
J. V. B Til AYER, secretary.
B. R. MERRITT, Assistant Secretary.
REGISTRAR.
FRANCIS S. BANGS, President.
C. C. RAWLINGS. Trust Officer.
W. L, TRENHOLM, t v ;P r e s id e n t s
BOARD OF DIRECTORS.
WM. A. NASH,
« ' 1Ce P lesiaenLSJOHN Q. ADAMS. Secretary.
T. Jefferson Coolidge, Jr., P resident.
MAURICE S. DECKER, Treasurer.
Oliver Ames, 2d,
C. W . Amory^ ,
TRUSTEES.
Martin Brimmer,
T. Jefferson Coolidge,
Willis 3. Paine,
J. D. Probst,
Chas.
E.
Cotting,
George
F. Fabyan
Henry H. Cook,
Henry Steers,.
C O R N E R S O U T H A N D G E R M A N S T S .,
George P. Gardner,
Francis L. Higginson,
Charles R. FIint,
George W . Quintard,
Henry S. Howe,
Walter Hunnewell,
W.
L.
Trenholm,
Forrest
H.
Parker*
BALTIMORE.
B. P. Cheney,
George v. L. Meyer,
William B. Kendall, Charles Scribner,
Laurence Minot,
Richard Olney,
Walter S. Johnston, Charles L. Tiffany,
C A P I T A L , S I , 0 0 0 ,0 0 0 .
Henry R. Reed,
Nathaniel Thayer,
Joseph N. Halloek.
George W . White,
Stephen M. Weld,
Henry C. Weston.
LEGAL DEPOSITORY FOR COURT AND
Percival Knauth,
John Q. Adams,
TRUST FUNDS.
T. JEFFERSON Coolidge , Jr ,, P residen t.
Edwin A. McAlpin,
Francis S. Bangs,
G eo. P. Gar d n e r , Gordon A bbott , V ice-Preset.
Andrew Mills,
Francis Lynde Stetson,
“ Acts as Financial Agent for States, Cities Towns,
C. S. T uckerm an , V ice-P res’ t and Treas.
William A. Nash,
Thomas A. McIntyre.
Railroads and other Corporations. Transacts a gen­
E. A. P h ippen , Secretary and A ss’ t Treas.
Geo. Foster Peabody, Edward E. Poor.
eral trust business. Lends money on approved se­
Joseph G. Stearns , A ss’ t Secretary.
curity. Allows interest on special deposits. Acts
as Trustee under Mortgages, Assignments and
Deeds of Trust, as Agent for the Transfer or Regis­
tration of Stocks ana Bonds, and for the payment of
coupons, interest and dividends.
J. WLLLCOX BROWN, President.
LLOYD L. JACKSON, Vice-President
J. BERNARD SCOTT, Secy. & Treas.

C .

OLD COLONY
TRUST COMPANY.

[Maryland Trust Co ,

CONTINENTAL
New York Security &
TRUST COMPANY,
Trust Company,
18 WALL STREET, N. Y.

D IR E C T O R S ■
C A P I T A L .................................... $ 5 0 0 ,0 0 0
W m. A. Marburg, Frank Brown, Alexander Brown,
S U R P L U S ............... .................. 3 0 0 ,0 0 0
K . J. Bowdoin, Leopold Strou.se, T. K. Worthington,
Basil B. Gordon Henry Walters W. B. Brooks, Jr., OTTO T. BANNARD........... ............. ......... President
Lloyd L. Jackson, H. A. Parr, Clayton O.Hall, J. ‘ Will- WILLIAM ALEXANDER SMITH.. .1st Vice Pres
•COx Brown, B. N. Baker, Freckle W . Wood. Fred. M.
Colston, Andrew D. Jones, W. FL Baldwin, Jr.. GORDON MACDONALD. ..2d Vice-Pres’t and See’y
Joshua Levering, James Bond and Douglas H. Gor­ HENRY E. DABOLL........ ........ Assistant Secretary
don, of Baltimore^ J. D. Baker, of Frederick, Md., Designated by the Sup rem e C ou rt as a
and John B, Garrett, of Philadelphia.
D epositary fo r C ourt M on eys.
In terest allow ed on D e p o sits.
E xe cu te s a ll T ru sts.
TRUSTEES.
William Jay,
Otto T. Bannard,
N.W Cor. Fourth and Locust Sts.,
Alfred M. Hoyt-,
Robert W . DeForest,
James C. Parrish,
Giraud Foster,
S T . L rO U IS, M O .
Robert S. Holt,
Gordon Macdonald,
Henry M. Taber,
Gordon Norrie,
Oliver Harrimab, Jr.,
A. Lanfear Norrie,
Capital and Surplus $ 3 ,0 0 0 ,0 0 0 00 Wm, Alexander Smith, William F, Cochran,
Robert Olyphant,
Walter Jennings,
John G.'Haveraeyer,
William A, Hazard,
DIRECTORS t
W . Seward Webb,
Frank H. Platt.
Trend* L. Park,
John T. Davis,
Alvah Mansur,
Daniel Catltn,
L. M. Ramsey,
Samuel W. Fordyee,
Jno. A. Scudder,
Adolphus Busch,
Edward C. Simmons,
Henry C. Haarstlek.
Edwin O. Stannard,
Wm. L. Huse,
J. C. Van Blarcom,
SECURITY
Chas. D. McLure,
Edwards Whitaker,
THOS. H. WEST, President,
JOHN D. FILLET. Secretary,
A, a STEWART, Counsel.
BALTIMORE.
D oe* a G eneral Trust: Com pany B u siness.
General Banking and Trust Business. Becomes
Trustee under Mortgages or Deeds of Trust, Finan­
cial or Transfer Agent for States, Cities or Corpora­
tions, etc., etc. ' Pays interest on Deposits.
EDWARD STABLER, JR., President.
WM. M. BYRN. Secretary and Treasurer.
DANIEL M'LLER, JON. K . TAYLOR, Vice-P es’ts
Executive Commi tee: Wm. H. Bosley (John S.
331 and 333 Hennepin Avenue.
Gittings & Co.), Chairman, George B. Baker, Henry
C. Matthews, John L, Blake, Francis A- White, Matt
0.
Fenton, Lewis A. Gusdord.
C a p it a l,
$ 5 0 0 ,0 0 0
Fund w i t h S ta t e A u d i t o r ,
100,000

ST. LOUIS TRUST CO..

GUARDIAN

Trust & Deposit Company,

Minneapolis Trust Co.

W Hlie no deposit.; receives money on trust account
only. Burglar proof vaults. Wills kept safely with­
out- charge. Acts as oxeentor, trustee and guardian
executes trusts of every description.

Metropolitan Trust Co.

Of the City of New York.
3 7 and 3 9 W a l l S tre e t, N ew Y o r k .
Paid-up c a p i t a ! . . , , . . . . . . . . . . . ...... .S i , 0 0 0 ,0 0 0
Su rp lu s..................... .
.......... .
1 ,0 0 0 ,0 0 0
Designated as a legal depositary by order of
DIRECTORS
Supreme Court. Receive deposits of money-era in­
USamnel Hill, President: Wm. H. Dimwoody, First terest, act as fiscal or transfer agent, or trustee for
Vice-President; H, F, Brown. Second Viee-Presi corporations, and accept and execute any legai trusts
dent; Daniel Bassett. Third Vice President; Clarkson from persons or corporations, on as favorable terms
Luidlev, Secretary and Treasurer: Isaac Atwater, as other similar companies.
O W. Cannon, James J. Hill. Anthony Kelly. A. F. Thomas Hillhouse, Pres. Fred’k D. Tappen, V.-Pres.
Selley, W . G. Northup, K. C. Cooke. Charles A. <. M. Jesup, 2d V.-Pres. Beverly Chew, Secretary'
Pillsbhfy A. H. Unto**. am! P. B. Wins!on.
Georsre D. Eoanev. Assistant Secretary.

46 WALL STREET, NEW YORK
C a p ita l, $ 1 ,0 0 0 ,0 0 0 ! S u rp lu s, f t , 0 0 0 ,0 0 0
CHARLES S. FAIRCHILD, President.
WM. L. STRONG, 1st Yice-Pres.
JOHN L. LAMSON, 2d Viee-Pre*
ABRAM M. HYATT, Secretary.
ZELAH VAN LOAN, Asst. Secretary.
Authorized to act as executor, trustee, administra
tor, guardian, agent and receiver.
Receives deposits subject, to sight drafts, allowing
Interest. A legal depository for court and trust funds
A designated depository for the reserve of State
banks. Accounts of banks and bankers solicited.
TRUSTEES.
James A. Blair.
Edward Uhl,
C. S. Fairchild,
W . H. Appleton. M. C. D. Borden,J. G. McCullough,
Wm. L. Strong, B, Aymar Sands, H . Hoagland,
J. W . Sterling,
W. F. Buckley,
James J. Hill,
H, Walter Webb
E. N. Gibbs,
S. G. Nelson,
John A. McCall.
Wm. A. Booth, F. R Coudert,
James Stillman,

Mississippi Valley Trust
Company,
303 N. 4th Street, St. Louis, Mo
C a p ita l an d S u r p lu s ...... .............. $ 3 ,0 0 0 , 0 0 0
UNDER STATE SUPERVISION.
$ 2 0 0 ,0 0 0 deposited w ith S ta le officer to
p rotect tru st lia b ilitie s .
A GENERAL TRUST COMPANY BUSINESS
Allows interest on Deposits.
Authorized to act as Executor, Gnardie .4, Receiver
Trustee, &c. Manages Estates. Collects Rents.
Becomes Surety on all kinds of Court Bonds.
Has Safety Deposit Vaults; A Savings Department •
INVESTMENT SECURITIES A SPECIALTY
DIRECTORS.
Charles Clark,
Geo. H. Goddard
Thos, T. Turner,
James Campbell.
Wm, F. Nolker, J.T.Drummond,August Gehner,
T. O’Reilly, M.D., S, E. Hoffman, Julius S. Walsh,
Sam. M.Kennard, D, W . Caruth, Williamson Bacon
Aug. B. Ewing, Thos. E. Tutt, Breckenr’ge Jones
Elmer B. Adams, David R. Francis.HenryHitchcock
OFFICERS,
JULIUS S. WALSH, President.
Da v id R. Fran cis , 1st Vice-President.
Breckinridge Jones , 2d Vice-PresT
Dk L a c y Chandler , Secretary.