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xmitk

Dmmtrri^'^
Supplement

Quotation

Street Kailway Supplement

(MontM^

Investors Supplement (quarterly)

State and City

[Entered according to Act of Oongreas, in the year 1900, by the William B.

VOL

Dana Oompant,

SATURDAY, JANUARY

70

Supplement (semiAnnuaji^

In the office of the Librarian of Congress.]

NO. 18U6.

27, 1900.

Week ending January
Clearings

PUBLISHED WEEKLY.

at—
1900.

Terms of Subscription —Payable in Adrance:
For One Year
$10 00
For Six Months
6 00
13 00
European Subacription (including postage)
European Subscription Six Months (including postage)
7 50
£2 14 s.
Annual Subscription in London (including postage)
do.
do.
SixMos.
iJllls.
do.
Above subscription includes—
Street Railway Supplement
The QaoTATioN Supplement
The Investors' supplement
State and City Supplement
Terms of Advertising (Per Inch Space.)
Transient matter
$4 20 Three Months (13 times).. $29 00
"
standing BUSINESS cards.
Six Months
(26
).. 50 00
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52
|

1899.

$
1,005.176.062 1.409,245.846
94.035.719
99.436,296
29.173.830
24,913,809
19.710,874
26,112,872
6,129.8^9
5.181.254
2.391.178
2.522.135
2,122.994
1,950.129
1.287,962
1,240.020
1,263,000
1.053.427
1,014,6S7
828.245
458,900
418,200

New York
Philadelphia....
Pittsbur>r

Baltimore
Buffalo

Washington
Rochester
Syracuse
Scranton

Wilmington
Binghamton

|

—

London Agents:

&

B.

DANA COTIPANY,

Pine Street, Corner of Pearl
Post Office Box 958.

1,161,765,795 1,572,902,238

New Haven
Springfield

Worcester

Messrs. Edwards
Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.

WILLIAM

Total Middle..

Boston
Providence
Hartford

Portland

,

Fall River

Lowell

New

Bedford...
New Eng..

Tota

Publishers,

Chicago

Street,

NJEW YORK.

Milwaukee.

Columbus
Indianapolis

CLEARING HOUSE RETURNS.

Peoria
Toledo

The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Jan. 27, have
been $1,612,375,908, against $1,675,096,110 last week and
$3,13-},609,087 the corresponding week of last year.

Grand Rapids
Dayton
Evansville

Youngstown
Springfield, 111

Lexington

Akron
Kalamazoo
Saginaw
Rockford
Springfield, Ohio..

Retwrns by Telegraph.

New York
Boston

15,553,272
103.733,666
25,538,856

Chicago
St. Louis

New

1900.

$814,826,806
100,593.142
81.154,012

Philadelphia
Baltimore

Orleans

11,272,273

Seven cities, 5 days
Other cities, 5 days

Canton

Week Ending January 27.

Clearings.

$1,152,672,026

1899.

P. Gent

$1,223,489,253

334

112,690.921

10 7

91,427,974

11"2

23,032,488
111,306,161
27,689,627
10,267,788

Tot. Mid. West'n
San Francisco
Salt Lake City

Portland
Los Angeles
Seattle

Spokane

32*5

Tacoma

-6-8
-7-8
+9-8

Helena
Fargo
Sioux Falls
Total Pacific

Kansas City
Minn eapolis

28-0

199,732,419

$1,599,904,202
167,014,484

+19-6

Omaha

$1,852,404,445

$1,766,918,686

24'0

Denver

St.

Total

all cities,

All cities, 1

Total

5 days

day

all cities

for

week

259,971,463

371,690,381

-301

$1,612,875,908

$2,138,609,067

24*6

Paul...

Joseph
Des Moines
Davenport
Sioux City
St.

Topeka

The

the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, Jan. 20, and the results for the corresponding
week in 1899, 1898 and 1897 are also given. In comparison
with the preceding weet there is a decrease in the aggregate
exchanges of one hundred and three-quarter million
dollars, the
loss at New York being ninety-two and a
half millions. Contrasted with the week of 1899 the total
for the whole
country shows a decline of 19'3 per
cent. Compared with the week of 1898 the current returns
record a gain of 20'0 per cent, and the excess over 1897 is 58-4
per cent.
Outside of New York the increase over 1899 is 06
per cent. The excess over 1898 reaches 23'1 per cent, and
making comparison with 1897 the gain is seen to be 49*1 p. c.

Wichita

full details of clearings for

Fremont
Hastings
Tot. other West.
St. Louis

New

Orleans

Louisville

Galveston

Houston
Savannah
Richmond
Memphis
Atlanta
INashville

Norfolk

Augusta
Knoxvllle
Fort Worth

Birmingham

Macon
Little

Bock

Chattanooga
Jacksonville
Total Southern...
Total all
Outside N. York..

Montreal
Toronto
Wiimipeg
Halifax

Hamilton
St. John
Victoria

Vancouver
Total Canada
I

135,001,100
8,102,100
2,645,697
1,668,564
1,359,745
1,389,127
1,250.088
879,840
516,699
413,644
153,256.604
131,827,841
16.203,750
10,244,636
11,023,407
6,575,418
5,600,000
3,081,189
2,068,985
2,487,00?
1,408,992
1,046.076
1,054.634
336.802
442,499
535.850
482.100
857.360
431,681
803,508
304.166
265,094

Cincinnati
Detroit
Cleveland

,

,

,

141,184.947
6.787.900
3.230.839
1,701,525
1.801.983
1.909.619
1.301,526
939,737
709,236
758,652

160,326.964
130.972.224
16.090.800
9,691,231
10,321.528
5.724,355
5.728.700
3.091.369
1.934.856
2.087,904
1,213,601
1,015,346
824,146
305,718
370,878
319,192
428,400
437,780
302,807
253,815
217,581
207,301

20.172,171
2,618,932
1,606,999
2,222,170
1,558.947
1,181,400
810,645
713,002
349,799
116,588

191,539,532
15.376.719
2,835,023
1.643,742
1.492.881
1,275,000
949,966
704.590
388.230
247,590
114,834

31,380,653
14,184,853
9,852.833
6.117.057
5.448,671
4,624.999
3,600,000
1,351,012
588,441
1,229,753
800,500
487,980
122,516
138.471

25,028,575
11.219,427
9,865,814
6,954.686
4.448.074
3.317.351
2.286.227
1,664,782
523,095
897.239
785.916
429.143
115.140
117.736

48,447,086
83,197,486
13,020,086
10,073,203
8,755,600
4,068,401
4,097.101
2.885.629
2,865,047
1,942,874
1,666,426
1.553,336
1,114,917
481,187
936,780
825,000
645,000
452,422
401,664
285,000

42,689,412
38,972,024
12,534.457
7,903,679
3,742.700
3.107.603
2.625,349
3,433.678
2,457,016
1,576,527
1,314,324
1,094,286
697,087
485,380
967,011
530,932
648,000
407,302
376,616
219,411

84.166.959

82,993,741

196,079,013
,

CsemiAnnuaiiyj

1900
P. Cent.

-28-7
-5-4
-H7-1
—24-6

-10
-6-2
+8-8
-h3-9

-M9-9
+22-5
-f97
-26-1
-4-4
-M9-4
-18-1
-2-1
-24-5
-27-2
-3-9
-6-4
-22-9
-45-3
-4-4
-hO-7

+0-7
-j-5-7

4-7-8

+14-9
—2-2
-0-3
-)-6-8

+19-2
-fld'l
-I-3-1

-f-27 9
-)-10-2
-j-19-3

+67-7
-I-12-5

-18-4
+42-6
+19-7
-)-39-8
-i-27-9
-)-2-4

-1-31-2

-7-7
-2-2
+48-9
4-22-8
-)-24-4
-(-19-3
-|-83*7

4-41-3
4-15-3
-|-25'4
-1-26

4

-01

-12-0
-I-22-6
-4-39-4

4-53-1

-188
-I-12-5

-I-371
->-l-0

-(-13-7

-f64
-I-17-6
-f-13'5

-14-8
-1-3-9

-(-27-5

-fO'3
-I-30-9
-t-56-1

-160
-I-16-6

4-28-2

4-192
-K1.9
-1-59-9

-1-0
-3-1
-f-55

4

-1-6

7

--17-7
--11-1
-I-29-9

,675,096.110 2,075,480,457

— 19*3

669,920.048
14,570,616
9,817.962
2.086,848
1,185,613
830,404
651,814
693,872
647,804

666,234,611

-fO-6

13,842,882
8,710,533
1,663,839
1,296,408
761.971
577.449
600.509
618,504

-f5-3
-fl2-7
4-25-4

30,484,933

28,071,595

-f8-6

-8 6
-fO-l
-I-12-8
-t-15-6

20.

1898.

1897.

852.827.085
77.924,351
19.324 994
17.900,629
4,365,087
1,866.191
1,577,675
1,166.386
1.081,688
709,143
364.200

608.258.005
63,716,300
17,062,947
14,426,298
4,151,009
1,957,945
1,535.834
1,154,185
1,029,763
627,517
840.400

979,097,329
124.736.836
6.670.000
2.583.371
1,727.898
1.543,003
1.476,482
1,406,383
954,238
683,699
413.305
141,195,216

714,250,203
101,241,130
5,670.800
2,136,767
1,570.936
1,359,078
1.257.524
1.116.475
818.765
720.026
465,099

97,275.659
14,086,900
8,531,441
7,244,879
5,496,251
4,226,800
2,388.851
1.602.561
1.942.298
1.012,706
775,929

116,356,690
74,487,507
12,097,150
5,450,289
6,244,521
4,844,535
3,242,600
2,139,597
1.330.130
1.296.694
827,799
604,284

262,710
814.687
484.865
283 267
284.700
284,000
318.358
248,830
300.000
280,000
187,964
164,537
252,455
178.784
193,688
155.386
147,183,702
114.159,904
14,038.057
12.299.542
1,551,300
1.014,967
1,644,148
1,001,220
1,492,637
913,968
1,280,805
425,000
881,308
582,536
817,003
869,909
425,000
549,752
171,896
126,321
103,904
44,996
22,306,058
17,278,211
10,353,973
11,359,004
6,706,170
5,422,053
5,512,519
4,427,855
8,796,306
3,105,091
2.726.778
2,917,497
1.511,664
1,187,918
1,198,340
949,720
411,434
473,048
767,318
440,508
523.615
475,850
408.783
334,624
102.871
62,490
83.170
74,846
34,191.407
31,220,613
29,078,915
26,303,148
13.472.662
11.109,320
7,235.696
6,646.096
3,120,650
2,879,700
3,043,762
2,697.510
8,019,476
2,686,493
2,313,981
2,276,694
3,698,047
1,923,818
1,584,852
1,393.339
1,269,355
1,008,139
899,844
820.337
710,099
851.705
484,063
418.050
833,118
756.166
480,236
431.696
733,000
600,000
359,052
294,751
343,979
240 075
225,000
261,879
72,905,677
68.604,905
.396,879,388 1.057,420,084
449,162,079
644.052,303
10,601.370
14,681,555
8,010,908
6,600,000
1,434,080
1,067,622
1,015.379
1,130,765
601.068
680,677
511,789
551,607

-1-4-7

26,294,587

20,592,113

THE CHRONJCLE.

146

among

REPORTS OF TRUST COMPANIES IN NEW
FORE AND BRO OEL YN.

railroads

[Vol.

and

LXX.

others, besides helping

other

allied trades.

The situation among railroads continues to tend
pages 181 to 184 of this issue of the Chronicle towards greater strength. Earnings are large and
will be found complete reports of the condition of all show no
diminution. Indeed they keep increasing notthe trust companies in New York City and Brooklyn withstanding the crop movement is less than a year
on December 31 1899, as compared with June 30 1899 ago. Then, too, events seem to point towards more

On

and December 31 1898.

and better rate conditions. A development this week has been the issue of notices by
eighty-seven railroad systems to coupon ticket agents,
THE INVESTORS' SUPPLEMENT.
The January quarterly number of our Investoes' advising them that on February 1 these companie&
Supplement is issued to-day, and is sent to all our would cease paying any commissions, side cuts or
subscribers.

stability in rates

The Supplement

contains

other forms of gratuity or allowance for the sale of

editorial

These payments have been a useless expense; they led to cutting of rates; and their discontinutheir tickets.

on the following topics:
HEAVY RAILS.

articles

ance, as all^conomies do, favors the actual passenger

OIL-TREATED TRACK.

WOODEN AND METAL

and t/affic, for they make possible lower rates and better
facilities.
Another interesting railroad event of the
week has been the contract made oq the part of the
Governor and Council of the State of Massachusetts
for the sale of 50,000 shares of theFitchburg Eailroad
for $5,000,000 in 50-year 3 per cent gold bonds of the
Boston & Maine Railroad.
A condition of this arrangement is that the lease of the property of the
Fitchburg Eailroad and this sale of stock be ratified

CROSS-TIES.

TRACK TANKS.

THE FINANCIAL SITUATION.
After the experiences of the current week we think
South Africa and the events happening, there can no
longer be held to be the controlling influence in Wall
Street.

Our stock market apparently has

a strength

which British reverses in South Africa cannot undermine, and it has a weakness which British success
cannot relieve. When every one was looking for disaster to General Warren's advancing column, unexpectedly it was announced that Spion Kop had been taken
and occupied—the supposed objective point for which
about two weeks of maneuvering and fighting had been
in progress.

The

success did not of course

by the Legislature at its present session.
Still another event to which the market seems to have given
a degree of importance was the election of Mr. D. 0.
Mills to the directorate of the New York Central
Eailroad.
It is evident that

mean the re-

not uphold any of the Western States in efforts
compel railroad carriers to move traflBc at confiscatory or non-compensatory rates.
This thought is
suggested by a decision rendered the present week.
In 1897 the State of South Dakota enacted a new law
for the regulation of railroads.
It was one of the most
remarkable as well as one of the most voluminous
laws ever put upon a statute book. The size of the
Act, as well as its provisions, excited a good deal of
comment at the time. The " Eailroad Gazette " of this
will

Ladysmith, but it was everywhere construed as a
decided advantage gained; yet although the news was
fully believed in during the whole of Thursday, one
might have supposed that Wall Street had failed to
receive it, for there was no material change apparent
there not a sign of the anticipated buoyancy.
Friday morning the cable brought the information of
a
disastrous
reverse ; that General Warren had
found the hill he had captured after such sacrifices
and labor untenable and that he had been compelled to retire, the losses being very heavy ; added to
lief of

to

—

this also

came the report

of a panic

foreign selling in our market.

Still

the United States Supreme Court

city,

which essayed

to

make

a digest of

it,

found that

contained over 11,000 words. The editor facetiously
at least the framers deserved to be
their enterprise, as they had provided
In dissecting
a good fat job for the State printer.
the provisions of the measure, our contemporary
noted that the phraseology, even of the most objectionable sections of the Act, showed marks of clearheaded care and caution, and of a purpose not to require anything that had not been required before
somewhere. " But," observed the editor, " when the
law places a rigid limit on passenger fares and plainly
hints to the Commissioners that they ought to require
freight to be carried in South Dakota as cheaply as on
lines in other States doing ten times as much business, it gives conclusive evidence that the spirit of
the highway robber is in the bill, howsoever dignified
and technically fair its language may appear to be."
The decision of the U. S. Supreme Court this week
arose in a case brought to restrain the Commissioners
from enforcing some of their unreasonably low rates,
the action being brought by the Chicago Milwaukee
& St. Paul EE. Co. The lower court (theU. S. Circuit
Court for the District of South Dakota) had decided
The Suadversely to the road, dismissing the bill.

it

London and suggested that
Wall Street re- commended for

in

mained much as before, very like as if it had not
heard what had happened.
Other than the South African news there have been
very slight changes in the prevailing conditions the
past week money has continued to grow easier here

—

New York has been receiving large new
supplies of currency both from the Sub- Treasury and
the interior, and if we do not ship gold to Europe

and abroad.

soon it certainly will not be because we
have not reached the point which makes the gold
we hold as currency worth less to the United States
than to any other country in the world. In the meantime the progress hitherto making in trade affairs
has suifered neither check nor hindrance. Every
sign at the moment points to continued prosperity
and activity. To be sure there seems to be a kind of
struggle going on between buyers and sellers as to
the price of iron and its products. That can do no
harm; even if there should be a decline it would only
be an advantage. A decline under present and prospective circumstances would be within moderate limits;
it would help the iron trade itself by giving it a preme Court, however, takes a different view of the
broader base, bringing in a new body of buyers matter, and reverses the judgment of the lower court,
pretty

'

(

January

THE CHKONICLE.

27, 1900,]

147

with instructions to investigate the earnings of the eleven months is reported at $1,410,001. The amount
portion of the road running through South Dakota, of preferred stock outstanding is $23,686,560, and 4
with the view to determining the equities of the case. per cent on it calls for $907,462 per annum.
We have not the text of the ruling before us as we
Money rates at all the chief financial centres of the
write, and consequently are obliged to rely upon the
The Bank of England
brief extracts of it which we find in the daily papers. world were easier this week.
The opinion apparently criticizes the lower court for on Thursday reduced its minimum rate of discount
disposing of the matter without any such investiga-

from

4|-

per cent to 4 per cent, while the unofficial

such importance de- rate fell to 3^ per cent. The Bank of France remands. The Court says that neither the findings of duced its rate from 4 per cent to 3^ per cent, without,
the Circuit Court, in which the case was tried, nor however, materially influencing the unofficial rate,
the facts as stated in its opinion are sufficient to war- which is 3i@4 per cent. The Bank of Antwerp reduced
tion of the facts as

a

case of

rant a conclusion upon the point of reasonableness.
Justice Brewer,

in expressing the

views of his as- of

was also of the
which the lower
opinion that the
process by
tribunal came to its conclusion is not one which
** It is obvious,^' he said, "that
can be relied upon.
the amount of gross receipts from any business does
not of itself determine whether such business is profitable or not.
The gross receipts may be large, but
sociates,

its

declared that the Court

from 5 per cent to 4^ per cent, and the Bank
Belgium likewise reduced its rate from 5 per cent
rate

to 4i per

cent.

The Imperial Bank

of

Germany

maintains the 6 per cent rate, though the open market rate is 4| per cent. Influenced by the increasing
supply of currency resulting from the return move-

and the outflow from
the Sub-Treasury, the New York bank reserves continue to grow larger.
Last week's bank return
if the expenses are larger, surely the business is not showed a gain of $11,536,000 in cash and of $7,478,profitable."
The evidence before the Court, he 325 in surplus reserve, carrying this item to $24,185,averred, showed that the local operating expenses 675, which, it may be noted, is the highest since June
were much greater than the general operating ex- 24. That condition and the fact that the inflow of
penses of the entire system, and that they amounted currency has been continued the current week is leadto or exceeded 85 per cent. He also observed that if the ing to easier money and larger offerings on call and on
local operating expenses were 85 per cent, it was obvi- time, and an increasing demand for commercial
ous that under the schedule prescribed by the Commis- paper.
sioners there would be nothing left by way of profit or
Money on call, representing bankers' balances, has
reward to the shareholders. He well says: "It is not loaned at the Stock Exchange during the week at 4
a light matter to interfere with the legislation of a per cent and at 2 per cent, and as the bulk of the
State in respect to the prescribing of rates nor a business has been at 3^ per cent the average for the
light matter to permit such legislation to wreck large week has been at about 3^ per cent.
On Monday
property interests."
The Court thought that, in loans were made at 4 per cent and at 3 per cent, with
view of the great importance of the case, the proper the majority at 3|- per cent. On Tuesday transacway of dealing with the intricate questions of fact in- tions were at 3^ per cent and at 2 per cent, with the
volved would be to refer them to a competent and bulk of the business at 3^ per cent. On Wednesday
reliable master, general or special.
Accordingly, the loans were made at 3^ per cent and at 2^ per cent,
case is remanded back to the lower court, with instruc- with the majority at 3@3|^ per cent.
On Thursday
"
tions to refer the matter to
a competent master to the transactions were also at 3 J per cent and at 2^ per
report fully the facts, and to proceed upon such re- cent, with the bulk of the business at 2|@3 per cent,
port as equity shall require."
and on Friday loans were at 3 per cent and at 2^ per
cent, with the majority at 3 percent. Banks and trust
Another railroad company has this week enlarged companies quote 3 per cent as the minimum. Time

ment of money from the

interior

the rate of return to its shareholders. We refer to loans are freely offered, while the demand is small
the Pittsburg Cincinnati Chicago & St. Louis, or and quotations are 4 per cent for sixty to ninety days
Panhandle, Kailway. It will be remembered that this and 4@4^ per cent for four to six months on good

company resumed dividends on its preferred shares in mixed Stock Exchange collateral. The tendency of
March of last year, paying 1^ per cent, after having rates for these loans is downward, however, and broksuspended dividends since 1896. Another dividend ers making a specialty of such loans report that they
for the same amount was paid on the preferred stock find it difficult to place any large amounts even at 3|in October 1899.
Now still another payment is an- per cent for all periods. The supply of commercial
nounced, but for a larger amount, the directors paper is by no means abundant; still some of the
having declared 2 per cent, payable February 14. The prominent dealers report that they have done a large
stock has a first preference of 4 per cent per annum. and quite satisfactory business this week. The deThe road forms part of the Pennsylvania Railroad mand is urgent from some quarters, and banks in
system, and it is evidently sharing in the general Chicago and in other Western cities are freely buying
prosperity enjoyed by that system.
The policy with paper in this market through their correspondents.
reference to earnings seems to be the same, too, as in
that case that is, in time of prosperity earnings are
applied more liberally in putting the property in prime

—

Quotations

are

4@4^

per

cent

for

sixty

to

ninety- day endorsed bills receivable, 4|-@5 per cent
for prime and 5^@Q^ per cent for good four to six

when times are bad and revenues lean. months single names, though some very choice paper
The latest return of earnings covers the eleven months of this class has sold at 4 per cent. A promito November 30 1899, and it shows that during these nent banker, who for the past twelve years has had
eleven months the road added $1,635,681 to its gross excellent opportunities for studying the mercantile
receipts, while at the same time there was an augmen- situation, says that he has never known a time when
condition than

tation of $1,441,647 in

$194,034 in net.

The

expenses, leaving a gain of

dry goods merchants have been so uniformly prosbalance above charges for the perous as they were last year. In nearly every case

.

.

THE CHRONTCLK

148

LXX.

[A^OL.

DAILY POSTED BATES FOR FOBEIGN BXCHANQK.

the net profits of the business were large, and generally
these profits, instead of being invested, are being em-

Fri.,

ployed in the business. Few merchants, he
60 days.
borrowing, and this fact will largely account for the Brown Bros.
\ Sight...
BartnK.
5 60 days.
comparatively small supply of that class of commerUagoun & Co...^ Sight....
Bank British
5 60 days.
cial paper which is now observable.
No. America....^ Sight...,
60 days.
of
The important news from the seat of war in South Bank
Montreal
(Sight...,
60 days,
Bank
Africa this week was the official report, by General Cacadlan
ot Commerce.,.{Sight...
Ick 60 days
Buller, that on Tuesday night General Warren's Heldelbach,
elhelmer & Co (Sight...
troops occupied Spion Kop, but that he found it un- Lazard Freres.., 5 60 days
Sight...
tenable and retired Wednesday night. This latest news Merchants' Bk. 5 60 days
Sight...
of Canada
As above
was said to Vave caused a semi- panic.
says, are

Jan.

5

•

10.

MON., Tubs.. Wed.. thur.. Fri..
Jan. 22. Jan. 23. Jan. 24. Jan. 25. Jan. 26.

4 85

84!^

4 88
4 85
4 88«
4 84«
4 88

87«

4 84Ji

84«
87«

84k-5

87^8
85
88
84«-5

88

85
88

§4^

84Ji

88

88

88

84^

84^

88

88

§1^
88

5

488
4 84^

84«

84H

5

4 88
4 85

88
85
88

88
85
88

88
85
88

)

.

488

85

\

4 84«
4 88
4 84^^

88

?

488

88

88
85
88

85
88
85
88
86
88
85
88

85
88
85
88
85
88
85
88

84«

84J<

88

88
85
88
85
88
85
88

84Vi

85
88
85

88
85
88

88
85
88

The market closed strong on Friday, with rates
England minimum rate of disfor actual business 4 84i@4 84i for long, 4 87i@4 87^
count was reduced on Thursday from 4^ per cent to 4
Commercial on
for short and 4 87|@4 88 for cables.
per cent and on the same day the Bank of France
banks 4 83|@4 84 and documents for payment
reduced its rate from 4 per cent to 3| per cent, and
4 83@4 83| cotton for payment 4 83@4 83i, cotton
the Bank of Belgium and the Bank of Antwerp refor acceptance 4 83f @4 84 and grain for payment
duced their rates from 5 per cent to 4^ per cent.
noted, the

Bank

of

;

The

discounts of sixty to ninety day

cable reports

bank

bills

in

London 3^ per

ket rate at Paris

is

3i@4

cent.

4

83i@4

83|.

The open mar-

per cent, and at Berlin and

The following

gives the week's

movements

of

money

4^ per cent. According to our special to and from the interior by New York banks.
cable from London the Bank of England gained
Wuk EnMng January 26, 1000. Received by Shipped by Net Interior
Movement.
N. T. Banks. N. T. Banks.
£704,532 bullion during the week and held £35,240,Gain.
$6,224,000
Cnrrency.
$7,651,000
$1,427,000
790 at the close of the week. Our correspondent
1 811.000
566,000
Gain. 1,245,000
Gold
further advises us that the gain was due to the imGain. $7,469,000
Total gold and legal tenders.
$1,993,000
$9,462,000
port of £106,000 (of which £70,000 was from GerWith the Sub-Treasury operations the result is as
many, £15,000 from South Africa and £21,000 bought

Frankfort

it is

in the open market), to receipts of £764,000 net from

the interior of Great Britain and to the export of
£165,000, of which £100,000 went to India and £65,000
to Argentina.

follows:

Wuk

Ending January

Out of
Banks.

Into

26, 1000.

Banks.

Banks interior movement, as above
8nb-Treas. oper. and gold exports.
Total gold and legal tenders.

Net Change in

Bank

Holdings.

16,700,000

14,400,000

Gain. $7,469,000
Gain. 2.300,000

$26,162,000

$16,393,000

Gain. $9,769,000

$9,462,000

$1,993,000

After opening easier on Monday, especially for short
The following table indicates the amount of bullion
sterling, the foreign exchange market grew firmer
In the principal European banks.
and it so continued thereafter. Bankers report only
January 26, 1899.
January 25, 1900.
a moderate supply of commercial bills, and those
Bank of
which are offered are promptly absorbed. There is a
QolA.
Oold.
Silver.
Total.
Silver.
Total.
good demand for bankers sterling to remit for stocks
£
£
£
£

which were recently sold for European account and
there is also some inquiry for mercantile remittance.
The easier discount rates in London on Wednesday
seemed distinctly to foreshadow a reduction in the
Bank minimum and as rates for actual business had
then been adjusted to conform to the unofficial rate
of discount, no change was made necessary on the announcement of the reduction of the official rate. Gold
received at the Custom House during the week, $42,The Assay Office paid $713^922 13 for domestic
776.
bullion.

Nominal rates for exchange were 4 84^@4 85 for
sixty day and 4 87i@4 88 for sight on Monday, but
by Wednesday these rates were advanced, and the
quotations thereafter were 4 84^@4 85 for long and
Rates for actual business opened on
Monday unchanged for long, compared with those at
the close on Friday of last week, at 4 83f@4 84, while
short was advanced one-quarter of a cent, to 4 86f
Cables were unaltered at 4 87i@4 87|. The
4 87.

4 88 for sight.

England
France

Germany
Russia

Aue.-Hung'y+
Spain
Italy

Netherlands..
Nat.Belg'm....

35,240,790
86,240,790 32,682,771
32,682.771
75,907,190 45,709,792 121,616,982 72,833,953 47,982,153 120.816,106
26,985,000 13,901,000 40,886,000 27,821,000 14,332,000 42,153,000
85,730,000 5,515,000 91,245,000 100,761,000 4,179,000 104,940,000
37,811.000 8,871,000 46,682,000 29,898,000 10,339,000 40,257,000
13.600,000 14,696,000 28,296,000 11,062,000 8,591,000 19,653,000
15,412,000 1,506,000 16,918,000 15,029,000 2,344,000 17,373,000
4,316,000 6.776,000 11,091,000
4,170.000 5,975,000 10,145,000
3,179,000 1,588,000
2.998,000 1.499,000
4,497,000
4,764,000

Tot.this week 297,853,980 97.672,792 305,526,772 297,578.724 96,151,153 393,729,877
Tot. prev. w'k 285.183,516 96,823,667 392.007.183J295.096.287 95.649.696 390,745,963

The Austro- Hungarian Bank Statement is now issued in Kronen and Hel
Gulden and Kreutzer. The reduction of the former currency to
sterling £ was by considering the Gulden to have the value of 50 cents. As
+

ler instead of

the Krone has really no greater value than 20 cents, our cable correspondent in
London, In order to reduce Kronen to £, has altered the basis of conversion by
dividing the amount of Kronen by 24 instead of 20.

THE RAPID TRANSIT CONTRACT.
The acceptance

of a bid for the construction of an

underground rapid

transit tunnel,

and the near apbe commenced on

proach of the date when work will
the undertaking, are events of considerable import-

ance in the city's history. Our readers are aware
that we have never favored the plan of lending the
especially
for
easier,
short,
was
and
tone
it so con- city's credit for any purpose of this kind, and believtinued on Tuesday. On Wednesday, however, there ing as we do in the unquestionable advantage to the
was a firmer market, and rates for actual business in public of construction, control and operation of such
long and in short advanced one- quarter of a cent, to works by private capital, we have regarded as unfor4 84@4 84i for the former and 4 87@4 87i for the tunate the stipulated reversion of ownership to the
latter, while cables remained unaltered. The market city, even though the common supposition is that the
continued firm on the following day. The tone was city will again, at the expiration of the stated period
strong on Friday at an advance of one-quarter of a of lease, transfer to other hands the operation of the

@

The

following shows daily posted
rates for exchange by some of the leading drawers:

cent

all

around.

property.

We

think,

in

brief,

that

opportunities

which might have placed the project on a sound

basis,

January

THE CHRONICLE.

27, 1900.]

149

under the park;
is to pass thence under Centre Street and Elm Street
to Lafayette Place, cross under Astor Place to Fourth
Avenue, thence proceed under Fourth and Park Avenues to Forty-second Street. Under Forty- second
not yet known who stands behind Mr. McDonald in Street it will pass to Broadway, and thence, under
his successful bid to construct the tunnel for a cost of Broadway and the Boulevard, go on to Ninety-seventh
This is the main line; the branches from
$35,000,000, the project has been launched, and it is Street.
possibly a matter of a few days only before the ex- that point will pass eastward, under the Harlem River
at 142d Street, to Bronx Park, and westward under
cavation will be begun,
Nor from the simple point of view of New Yorkers the streets and over a viaduct to a terminus in Rivertraveling back and forth from business, can it be said dale,
The tunnel is not, like the newer London Underthat the need for relief in transportation facilities is
not urgent. The capacity of the existing lines dur- ground, to be deep below the surface; its roof is to
ing the hours of heavy traffic is grossly overtaxed. be, according to the specifications, "as near the surThe elevated railway presents every morning and face of the street as street conditions will permit."
evening a spectacle of discomfort not witnessed in Its own height is to be not less than thirteen feet,
many sections of the globe. As a rule the business and with sufficient width to maintain, as provided,
man is limited to a choice between the inconceivably always two tracks and sometimes four. On that porfoul atmosphere of the interior of a car packed like a tion of the railway up to Sixtieth Street, tunneling
cattle train, and the freezing air of the platform, and by open excavation is permitted, but no opening is to
in either case he will scarcely find space to hold a be allowed exceeding in length 400 feet, or in width
newspaper before him. With the surface cars the the distance between the middle of the street and the
When the rapid growth outer rail of the car track on the street. Between
situation is scarcely better.
in New York City's population is kept in mind, the Thirtieth and Fortieth streets, under Park Avenue,
three years fixed by the engineer of the Rapid Transit and for considerable distances on the more northerly
Commission as the probable period of construction is stretch of the tunnel, the work is required to be done
long enough to wait. The mistake of the city au- without disturbing the surface of the street. For
thorities has, in our judgment, been in allowing one the further protection of property owners and users
chance after another to slip. If Mayor Hewitt's plan of the street the contract makes provision that no
of depressed tracks operated by the New York Cen- open excavation shall be maintained more than thirty
tral had prevailed, the problem would have been solved days in front of any property.

without entangling the city in the question of control, have most unfortunately been allowed to slip.
But the Rapid Transit Commission has made its
The formalities have
choice and signed its contract.
thus far been duly complied with, and although it is

long ago. If even the recent offer of the Metropolitan Street Railway had been accepted, relief would
As it is, the policy
now have been near at hand.
us
launched
on
a
sea
adopted has
of uncertainty,
The best we can do is to
financial and political.
hope that out of this curious plan of dual control
may at least come a railway which shall eventually
relieve the congestion of daily travel arising from

of the City Hall Park, with a loop

The tunnel

is

to be lined with concrete or brick

masonry, and to be provided with stations and terminals, whose character is carefully prescribed by the
stipulations.

The

city is to acquire the requisite real

charging the outlay to the contract price.
Four tracks are to be laid in the section between the
City Hall loop and 103d Street, two for the other secMotive power, it is provided, must be "by
tions.
New York's peculiar conformation.
electricity or some other power not requiring combusIn the discussion of the general project, the public tion within the tunnels or on the viaducts"— thus
has lost sight of many important details provided in precluding steam and the speed capacity of trains
the arrangement. It will, therefore, we think, be must be not less than forty miles per hour. The
worth while to recapitulate the terms and specifica- stipulation regarding equipment is that on the local
tions to which the contractor has consented in. his lines trains of three cars each shall be supplied
estate,

—

agreement to construct the underground railway. on the local tracks at two-minute intervals, and trains
Whatever opinion any one may hold regarding the of four cars each at five-minute intervals on the exprobable cost of the undertaking, the contract is a p tS8 Ulcs.
Ventilation and lighting of the tunnel
model of its kind, specifying to the minutest particu- is carefully stipulated, and provision is made for such
lar the amount and quality of work which must be construction of the cars as "shall facilitate to the
performed before the terms of the engagement will be utmost a quick discharge and loading of passengers,"
fulfilled.
The railway is to be built, by the terms of this requirement being reinforced by the provision
last week's understanding, for $35,000,000.
This sum that not only the general plan for equipment, but the
is to be
advanced to the contractor by the city, but designs for cars, must be approved by the Rapid Tranonly on written vouchers specifying work actually sit Commission before their acceptance. This equipdone, approved by the Rapid Transit Commissioners, ment must be ready for use three months before the
Freight
and presented at intervals of not less than one month. completion of a given section of the road.
passengerand
Having completed and equipped his railroad, the con- as well as passengers may be carried,
At the expiration
tractor may hold possession for a term of fifty years, fares are limited to five cents each.
paying a rental equivalent to the interest paid by the of the lease, unless the contractor or his assignee
ciiy on all bonds issued to procure the requisite avails himself of the twenty- five-year extension offered
capital, plus one per cent annually on the total amount under prescribed conditions, the city is to buy the
of bonds issued, and five per cent on the gross re- equipment on terms fixed either by agreement or
ceipts from the railway in excess of $5,000,000.
The by arbitration or by procedure in the Supreme
rental on each section of the road is to begin as such Court.
section is completed.
Finally, to ensure the performance and completion

The prescribed route
pretty well known.

of

It is to

the railway

is

already

begin in Park Row, east

of the contract, there are stipulated

—

first,

deposit of

a certified check for $15^,000 with the bid; second.

THE CHKONICLE.

150

deposit of cash or approved securities of one million
dollars within ten days of the award, and, third, the
filing of a surety bond of $5,000,000 to guarantee per-

A forcible

LXX.

[Vol.

illustration of the truth of this statement

divided into six months'
periods, and it is seen that the make of iron the last
formance of construction and equipment, and of an- half year was a million tons larger than that for the
'Other of $1,000,000 continuing bond for payment of first half year itself a total never previously attained
is

found when the year

is

—

rental

and construction.

In addition, provision is
made for action in case of default by the contractor,
in which event the portion of the tunnel already
built, the contractor's bond and the equipment, are
forfeit to the city, which may then either operate the
road itself or contract with other parties to operate it.
Four and a-half years are allowed to the contractor to
"Construct the entire road, and a penalty of 2 per cent
deduction from the amounts thereafter becoming due

up

of the contract.

parent digression. Seeing how active and prosperous
trade is now, one can rot forbear recalling how depressed everything was the latter part of 1896, when a
Presidential campaign was in progress hanging on the

In the last six months of 1899 the
country produced no less than 7^ million tons of iron
(7,331,536 tons), or at the rate of 14f million tons,
which compares with a maximum, as already stated,
only two years before of 9f million tons.
Furthermore, the latter part of these six months the output
was at a still greater rate. Bearing this in mind, and
bearing in mind also that extensive preparations are
under way for the putting in blast of still other
is prescribed for each month's delay, unless rendered furnaces,
he would be a bold man who would underinevitable by injunction, strike or interference of pub- take to set a limit to the further growth possible in the
lic authority.
near future, barring labor troubles or other untoward
It will be seen from this brief review of the con- and unforeseen developments. Mr. Swank has always
tract that if the undertaking is practicable on the maintained that there was no likelihood that the
terms offered by the contractor, its execution in proper country would not be able to meet every probaform is thoroughly provided for. If, on the other ble demand for iron, and events are bearing him
hand, it were to prove not feasible, a very heavy pen- out.
alty is formally provided for the city under the terms
"While on this subject we may be pardoned an ap-

THE MARVELOUS EXPANSION IN OUR
IRON PRODUCTION.
The

official

figures of last year's iron

production,

as prepared with the usual promptitude by Mr.

James

American Iron & Steel Association,
are now at hand, and they show that the output for
the twelve months has come up to the most sanguine

M. Swank

for the

In brief the make of iron during the
expectations.
calendar year 1899 reached no less than 13f million
tons 13,620,703 tons. Perhaps the best way to show

—

the magnitude of this total is to compare it with the
output for the same year of Great Britain, which up
to 1890 (when the United States surpassed it) ranked
as the greatest iron-producing country in the world.

Our London correspondent,

in his interesting annual

to that time.

In those six months of 1896 the output
For the last half of
of iron was only 3,646,891 tons.
1899, we have already seen, the product was 7,331,536
tons.
Here then is an addition of over 100 per cent
This shows what
in the brief space of three years.
the removal of doubt as to our standard of values has
done to make trade prosperous and active, and adIn the followicg we
vance the national welfare.
furnish a record of the half-yearly output back to
silver issue.

1888.
PEODUCTION OF PIG lEON IN HAU-THIASLT PEEIOD8.
1888-lsthalf
2d half

1889— Ist

half
2d half
1890— Ist half
2d half

review of British trade, which we shall print next 1891- Isthalf
2d half
week, estimates that the United Kingdom produced 1892— isthalf
2d half
substantially the same amount of iron in 1899 as in 1893— Isthalf
2d half
1898. This would make the output of that country
As much
8f million tons, against our own product of 13f mil-

know

1894— Isthalf

3,4f^9,646

2d half

3.661,603
3.94^,039

1895— Isthalf

4,5(J0,513

1896— Isthalf

4,642,190
3,368,107
4,911,763
4,769,683
4,387,317
4,562,918
2,561,584

2d half
1897-lsthalf
2d half....

2d half

1898— Ist half
2d half

1899— Isthalf
2d half

Qross Tons.
2,717,983
.3,939,405
4,087,558
5,358,750
4,976,236
3,646,891
4,403,476
5,249,204
5,869,703
5,904,231
6,28i>,167

7,331,536

has been written the last few days
with reference to what is being done in the
South to enlarge production, promising very important additions, it is worth noting that that
section made a comparatively small contribution to
the great increase which occurred during the last
two years. Alabama enlarged its product during 1899
by only fifty thousand tons, and in the whole of the
South the addition was but 276,828 tons, following no
more than 170,380 tons increase in 1897. In other
words, out of the four million tons gain in the output
the last two years, the South furnished but 447,208
No doubt a material change in this respect
tons.
may be looked for in the future. The Southern

lion tons.

We

Gross Tons.
3,050,092

our industries experienced
great activity and prosperity during the late year, and
that the iron and steel trades were favored beyond all
others in this respect. Yet one cannot help being
struck with the great growth which has occurred in
recent years in the out-turn of iron, and particularly
the further additions made during the last two years.
In 1897, in 1898 and in 1899 a new high record was
In 1897 our make of the pig
established each time.
metal was 9,653,680 tons, which exceeded any previous total for a calendar year in the country's history.
In the two years since then there has been an increase
of two million tons each year, first to 11,773,934 toug States together produced 2,360,554 tons in 1899,
That whereas Ohio alone made 2,378,213 tons and Pennin 1898 and now to 13,620,703 tons in 1899.
have
added
four
we
million
years
tons, sylvania 6,558,878 tons; Illinois made 1,442,012 tons.
is, in two
all

that

all

or over forty per cent,

to

a previously

unexcelled

product.
Nor does this tell the wliole story. In the figures
given, we are dealing with the twelve months as a
whole. But the output at the close of the year was
at a very

much

greater rate than at the beginning.

The bulk

of the gains has

State and the Buckeye

come from the Keystone

State.

Pennsylvania in the

two years enlarged its output from 4,631,634 to 6,558,878 tons, and Ohio from 1,372,889 to 2,378,212 tons.
The details for the different States appear in the
following.

.

.

January

THE CHRONICLE.

27, 1900.]

PRODOCTION OP PIG IRON BY STATES.
Tons of 2,240
Poimds.
So. States-

Alabama

18W.

1893.

Tons.

Tons.

1897.

Tons.

1.0^3.906 l,033,67e

947.831

1896.

Tons.
922,170
386,277
24H,338

1895.

1894.

3ons.

Tons.
592,392
298,086
212,773
80,781
33,854
40,268

854.667
348,589

VlrtJinia

395,491

2«.'<,274

307.610

Tennessee...

346, I6f

272,1 3j

W. Virginia..

187,85S

Kentucky

11«,01H

263,439
192,699
100,724

36.899

108,569
70,660

13.762

17.092

15.593
2.151

323

£34,477

190.974

193.702

79,472

10,916

5,300

5,803

5.178

6.175

1,221

4.682

4,671

Georgia
N. Carolina..
Maryland....

(

1

Texas
Total

Pennsylv'nia

Ohio

New York...
New Jersey..
Illinois

Michigan....
Wisconsin...
Missouri
All others...

Grand total

132.907

17,835

248,1?9
141,968
63,780
31,034

1893.

Tons.
726,888
302,856
207,915
81.591
47.501
39,675
2,843
151,773
6,257

2,360,564 2,083.726 l.913.a46 1,834,451 1,702,088 1,268,425

1,567,299

P.558,678 5.537.832 4.631.B34 4.034,166 4,701,163 3,370,152
900,029
2.378,212 1.986.368 1,372,889 1.196.326 1,463,789
181.702 175,185
243,304
206.075
264,346 228.011
95,ti96
55.502
100,6*1
63,273
69.163
127,598
604,795
925,239 1,006.091
1,442.012 1.365.898 1,117.239

3,643,022

875,265
191,116
74 ,.305

405,261

91.222
148.400
27.518

91,59.1

68.833

82,211

32,360
86,565

13.680.703 11773934 9.H53.680 8,623.127 9.446,308 6.657,388

7,124,502

134,443
+203,176

147.64('

132,578

149,511

172.781

158,484

138,880

141.010

103,909
23,&«3

12,605

9,997

18,202

Including Colorado.

12,548
57.164

95,171
6,522

117,538
131,772

+ lacluding Minnesota.

Bessemer pig at Pittsburg averaged $25 00, against
$10 64, steel rails at the mills in Pennsylvania $35 00,
against $17 50, etc., etc. There was no set-back of
cor sequence except in the case of steel billets. There
the average rose from $15 90 in December 1898 to
$41 50 in September and October 1899, with a drop to
$39 00 in November 1899 and to $36 37 in December
In the following we furnish averages for the
whole year on a number of leading artichs in comparison with the averages for the calendar years pre-It will be observed that even in the case of
ceding.
these yearly averages the advance ranges from 60 to
1899.

100 per cent.
AVERAGE YEARLY PRIORS OF IRON AND
18P9.

need hardly say that if production during the
late year was on an unprecedented and unparalleled
scale, consumption was ;;even more so.
Proof of this
statement is found in the shrinkage in the totals of
unsold stocks. These stocks may indeed be said lo
have become almost exhausted. The stocks were by no
means large even at the beginning of the year, when
they were reported 415,333 tons. The end of the year
finds them down to only 68,309 tons.
This includts
the holdings in the yards of the American Pig Iron
Storage "Warrant Company, which have dwindled to
the insignificant figure of 4,900 tons, including 20
tens still controlled by the makers.
In the previous

year also stocks had been reduced in face of the great

In the following we have
allowed for the changes in stocks and have also added
a line to show the imports, not merely of the pig
metal, but of all kinds of iron and steel.
These
imports were a trifle heavier in 1899 than in 1898,
but yet aggregated only about 160,000 tons.

increase in production.

IRON PRODUCTION, STOCKS, IMPORTS,

forge" pig iron.

1899.

Stockof pig Jan, 1*..
416,333
Product'n dur'g year 13,620,703

1895.
874,»78
11,773,934

1897.

1895.

1896.

847,686 506,132
9,652,680 8,623,127

1894.

661,328 707,318
9,446,308 6.657.388

14,0S 6,036 12,648,912 10,500,366 9,129,259 10,107.636 7.364,706

C'asum p.of home pig

13,987,727 12,233.579

Imp'ts of iron & steel

Tot.consump.

& exp.

+160.000

415,333

144,695

14,127,727 12,378,171

874,978

506,132

847.686

661,328

9,625,388 8.281.573

9,601,514 6,703,378

265,500

378.208, 309,249

9,783,222 8.547,073

9,«79,712 7,012.627

167,834

Including 45,250 tons net held in the warrant yards of the American Pig
Iron Storage Warrant Company Dec. 31, 1893, not under the control of makers;
63.640 tons Dec. 31, 1894; 61,800 tons Dec. 31,1895, 136,037 tons Dec. 31, 1896.
218,489tonsDec. 31. 1897; 121,100 tons Dec. 31, 1898, and 4,880 tons, Dec. 31
1899.
+ Partly estimated.
*

It will

STEEL, 1892 TO 1899.

1896.

1894.

1895.

1893.

1892.

I
16 43 19 48
14 52 16 75
12 73 13 54

Bessem'r pig iron at Pitts.

16 71
9 18
9 03 10 39 10 94
9 75 1177 12 81
19 03 10 33 10 13 12 14 12 72 J138 12 87 14 37
28 13 17 62 18 75 28 00 24 33 24 00 2812 30 00
31 12 15 31 16 08 18 83 18 48 16 53 20 44 23 65

Steel rails at mills in Pa.
St'l billetsat mills at Pitts.
Best refined bar iron from
store at Phila
1001bs.2C7
1 95
Best re'd bar iron at Pitts. "

123
1

07

131
110

140
1 21

144
126

134
120

170
150

187
16*

remains to add that abroad the price situation
was much the same, though the degree of advance
was apparently not quite so large.
Our London correspondent in his annual review, already referred to,,
states that Cleveland pig-iron warrants were 44s. 6d.
at the beginning of the year and 70s. at the end
It

December, and that at Sheffield Bessemer billets
opened at£6@£6 lOs. and closed at £9, while SiemensMartin steel advanced from £6 10s. @£7 to £10@£13.
The "Iron Age" of this city a few weeks ago published a letter from its Brussels correspondent givingcomparisons as to prices for Belgium steel. This
shows that on November 15 No. 3 Luxembourg foundry pig was quoted at 110 francs per metric ton
in 1899, against but 56 francs at the same da^ein 1898,
and No. 2 beams (iron or steel) at the mills at 205
of

<fcC.

Total supply
Stock end of year*.

88,a03

1897.

Lake

ore, at Pittsburg

francs
Tom of 2,24:0 Pounds

1898.

Articles—
$
$
t
$
$
Old iron T rails at Phila..ton.20 36 12 39 12 49 14 16 14 09 1195
No. lanth.fdy.pigatPhil. " 1936 1166 12 10 1295 13 10 12 66
1618 10 23 10 48 1109 1149 10 73
Gray forge pig Iron atPhil.

Gray

We

151

be seen that after taking into account the

imports, 14,127,727 tons

against

through the

list

132'50,

with

of articles.

dwell further on this point.

advances all
not necessary to

similar

But it is
The fact that

activity

and prosperity were world-wide in the iron and
trades

is

known

OUR FOREIGN TRADE IN
The

steel

to all our readers.

1899.

record of our foreign trade for 1899

is in some
more noteworthy than that for the calendar
year preceding, though that, as will be remembered,

reepects

was a very remarkable year. Considering the prosperity of the country and the extraordinary activity
which has prevailed in all lines of trade and industry,
it is perhaps not surprising that the total of our external trade, as made up of imports and exports combined, should show a further large increase, bringing

remained in 1899 for consumption and export, this comparing with 12,378,174
for 1898 and 9,783,222 for 1897.
In some of the items
of exports of iron and steel there was a decrease, but
in the aggregate the shipments must have been larger
in quantity even than for 1898, though the statistics it up to 2,075 million dollars, being the first time in
are not yet available.
Including only the articles our history that the aggregate has reached the twowhere the weight is recorded, aggregate shipments for thousand-million mark. What chiefly attracts atten
1898 were reported 880,606 tons, and we should tion is that this further expaasion in total com
judge that for 1899 the total was nearly 100,000 tons merce has followed in part as a result of a further addition to our export values.
larger.
This is noteworthy beOut of the extreme activity and demand there arose, cause it hardly seemed likely that we could hopo
as is knowo, a condi;ion as to prices which has few to equal or surpass the record for 1898 in that

The appreciation may be

have con- respect.
In brief, the merchandise exports amounted to 1,275'
tinued in progress almost from the beginning to the end
of the year. Prices in most cases more than doubled, million dollars in 1899 and to 1,255 millions in 1898..
parallels.

said to

and generally stood at their highest points at the close The magnitude of these totals will be better appreNo. 1 foundry pig at Philadelphia averaged $25 00 in ciated if it is recalled that prior to 1896 the exports
December 1899, against $11 97 in December 1898; had never even aggregated a thousand million dollars

1

THE CHRONICLE.

152

m any year, and that in both 1894 and 1895

[Vol.

LXX.

copper and its manufactures was six million dollars
larger than for the corresponding period of 1898; that
is, was $37,243,392, against $31,282,539, but
we actually sent out 50 million pounds less of copper in 1899,
namely, 213,294,089 lbs., against 263,917,017 lbs. In
the iron and steel exports there was a further increase of 20 million dollars, the total being $95,454,598 for the eleven months of 1899, against $74,722,-

the values

were, roughly , only 825 million dollars. In other words,

compared with four years ago there has been an
expansion of fully 50 per cent. What gives special
significance to the further increase in 1899 is that it
occurred in face of a great shrinkage in the value of
the shipments of our agricultural staples. This shrinkage has bten referred to from time to time, as the
monthly returns have disclosed the fact, but probably 161 for the eleven months of 1898. Here quantities
few persons have an adequate idea of its extent. In quite generally are larger than for the year preceding,
the cotton exports the loss amounts to over 41 million the coincident appreciation in prices all over the world
dollars, in the breadstuffs exports to 49 million dollars. having operated to prevent a check in the export
Here then there is a falling off in these two items of shipments; but there were also some articles where
90 million dollars. This falling off is increased to 94 quantities declined.
as

Higher prices have been a feature even in the case
of provisioDs, dairy products and cattle.
In the case of some of the leading staples enumerated above.
of that other important export staple, namely petro- Thus the increase of 12 million dollars in the petroleum, the remit was 12 million dollars better than for leum shipments is entirely ascribable to that circum1898.
But combining this with the other staples men- stance, as will be evident when we say that in quantioned we still have a reduction of 82 million dollars tity only 951 million gallons of mineral oils were sent
in the aggregate.
ut during the twelve months of 1899 against 986^
Total merchandise exports having
increased, as we have seen, 20 million dollars, it fol- million gallons for the twelve months of 1898.
So
lows that there must have been an expansion in the too in the case of cotton. The loss in that staple,
exports of manufactures and other articles, distinct large though it is, would have been still larger except
from the staples enumerated, in the amount of 102 for the much better price realized.
Foreign conmillion dollars.
This latter is the striking fact in the sumers took of us only 5,830,000 bales of this staple
return.
We have Avorked out the figures for the last in 1899, against 8,169,680 in 1898, a decrease of no
six years on this basis and here are the comparisons:
less than 2^ million bales; but the price realized on
EXPORTS OF LEADING PRODDCT8 FOR SIX CALENDAR YEARS.
the shipments was G47 cents per pound, against but
million dollars

if

we take

into account the shipments

(

5 57 cents in 1898.
-Exports.

1899.

1898.

1897.

1896.

1895.

sent out

«
$
1
$
$
191,425,108 232.768,204 212,745,576 233,412,777 189,890,645 200,413,772
Breadstuffs. 268,bO5,0b7 317,87P,74H 252,536,319 1&2,b06,242 125,286,87 125.601,486
Prov'ns, i&c. 174,850,518 174,978,013 146,951,298 136,28 ',430 132,466,843 141.742,435

Cattle.sheep

andhoKS..

30,810,914
85,7/5,413

34,651.779
b3,42»,749

40,862,053
60,007,426

38,893,170

30,425,309 40,706,388

63,657,986

57,129,7a0 41,219,»-48

visions

Total

of

1275488641 125')6Hi2r:6 1099709015 1005837241 824,860,136 825,102,248

The foregoing

reveals in a graphic

way the very

resulted directly from the shortage in the

movement

prices also averaged higher in 1899.

Breadstuffs however formed an exception to the rule

731,467,C90 813, 01,491 713,102,676 655,05ti,«!0j 535.169,45^ 549,716,929
All oth. exp. 614,019,551 441,8)4,775 386,60.1,369 350,780,636 289,690,678 275 3P5,31C

Total

in the quantity

1899 crop of that staple, though naturally also the
higher prices made foreign consumers loath to buy
with great freedom.
On many items of the pro-

Cotton

Petr'lm, &c.

The contraction

1894.

high prices.

Wheat averaged only 74

cents

a

bushel in 1899, against nearly 88 cents in 1898; flour
13 74 per barrel against $4 32, and oats 31j cents
against 32^.
In the case of corn it appears a slightly

re-

markable growth which has occurred in recent years
in the ''other exports." For 1899 these '' other exports" counted for 544 millions in the total of the
merchandise movement, in 1898 for only 442 millions
and in 1894 for but 275 million dollars. In short, in

bushel against 37:^ cents. As it happens, too, the
corn shipments were but slightly less in quantity
than the remarkable total of 1898, aggregating

the amount has gained nearly 100 per cent.
only firoper to say that there is one qualifying

206,500,000 bushels, against 207,309,381 bushels. The
loss of 49 million dollars noted above in the total of

better

five years

It

is

average was obtained

—roughly,

40 cents

a

circumstance to remember in connection vpith the the breadstuffs values is found almost entirely in wheat
large further addition in 1899 which detracts some and flour, and the decrease there follows in no small
what from its significance. The increase established part from the shrinkage in price; counting flour at its
prior to 1899 reflected wholly a gain in the quantities equivalent in wheat, we shipped 193,500,000 bushels of
sent out, prices having all the time declined; indeed
wheat in 1899, against 223,810,253 bushels in 1898.
this early growtii was mainly due to these receding The shipments of oats were also somewhat smaller,
prices, which opened the markets of the whole world being, roughly, 41 million bushels in the twelve months
to us.
In 1899, on the other hand, this price move- of 1899, against 50„million bushels in 1898.
ment was reversed, and the increase in export values
With reference to the merchandise imports, the
for that year is in considerable part ascribable to the figures record an increase of no less than 165 million
advance of prices to a higher level. There are many dollars, or over 25 per cent. But there was reason
articles where foreign consumers have taken greater to be prepared for such a result.
The comparison,
quantities of us than ever before, but oven in such being with 1898, is with a very small total
the
cases we have had the double advant ige of an enlarged smallest indeed for thirteen years, one reason for this
volume of shipments plus an enhancement in price. having been the fact that anticipatory imports in 1897,
At the same time there are not wanting instances in view of the enactment of a higher tariff law, rewhere the quantity shipped has undergone material duced subsequent requirements, an influence which
contraction, but where yet values record an advance continued operative during the early part of 1898.
to higher totals, owing to the great increase in price. The increase in 1899 extends to pretty nearly the
Copper furnishes a type o± the latter class. Statistics whole range of articles and commodities. The activity
regarding most of the separate articles are available as of our manufacturing industries enlarged the requireyet only for the eleven months to November 30. For ments for raw materials and for other component
these eleven months the value of our 1899 exports of parts the fact that business men were making good

—

^

;

Jakuary

THE CHKONICLE.

27, 1900.]

and laborers excellent wages stimulated im-

profits

higher prices served to
This
swell import values, as they did export values.
say,
was
a
much
proper
to
last, however, it is only
less important factor in the inward than in the outward trade, the rise in prices on imported articles
having been neither so general nor so pronounced as

ports of luxuries

;

and,

finally,

The

in the case of exported articles.

largest increase

amount of imports in any article was in'sugar,
where our purchases amounted to $102,080,462 for the
eleven months of 1899, against $71,423,725 for the

in

153

— Uold.-

— Silver.

.

Excess of
Exoorts (+) or

Excess of
Exvorta(+y<y^
Imports (— ). Exports. Imports. Importsi—)..
Imnnrts.
Exports.
Ending
$
$
$
$
%
Dec. 31+8.359.24*
11,034,074 +23.492,373 30.020,603 21,761,359
. 34,526,447
1888
60,935.412 12,001,(20 +38.873,892 40,712,875 5;6,799.458 +13.943.41T
1889
-2,156,808:
+3,683,652 28,609,101 30,764,004
24.063,108 20,379,466
1890
+lt.211
77,093,165 45,203,377 +33,889,688 27,930,116 27,918.905
1891
+4,909,326.
76,645,328 18,165,058 +58,380,272 38,362,281 31,452,958
1892
+ 6,703.151 48,357.748 27,765,898 +18,592,05*
1893.... . 79,983,726 73,280.575
.101,849,735 21,350,607 +80,499,128 47,245,807 17,633.594 +29.612.213;.
1894..
.104,987,402 34.396.392 +70,571,010 54,211,088 24.373,347 -1- 29.837.73*
1896
—46,474,369 64,058,741 80,279.740 +38.777.eOl
B8.25fl,'iSiO 104,731.259
18'c<6
,
+253,589 58,661,292 33,082.802 +25.578,
34.276,401 34.022.812
1897....
18,194,954 158.188.9c2 -141,963,988 63,7D7.104 2:M31,3ts0 +24.665.724
1898....
-5,815,553 53,484,680 30,844,9iil +22.e39.6ki»
46,379,411 61.194.984
1899..

Year

.

.

.

.

WO

.

.

Note.— For years 1886 to 1899 inclusive the figures embrace gold
and silver in ore; in the years preceding both were included in the.
merchandise movement.
To complete our analysis, we have compiled the fol-

corresponding period of 1898. In quantity the sugar
imports were 4,119 million pounds, against 3,127
merchanmillion, the average price per pound having been 2 48 lowing, showing the trade balance on the
En the fol- dise and the gold and silver movements combined for
cents in 1899, against 2-28 cents in 1898.

lowing we show the aggregate of the merchandise im- the last
ports and exports for each year back to 1870.

five years:

YEARLY TRADE BALANCE.

MERCHANDISE EXPORTS AND IMPORTS (CALENDAR TEARS).
Calendar
Tear.

Exports.

Excess.

Imp!>rtg.

Total Foreign

1897.
$
367,113,816

1896.
$
324,257,685

25,578,990

33,777.001

498.291,730

646,247,612

5,815,653

141,968,998

383,692,806
*353,689

63,028,538358,034,686
46,474,369 *70,571,01O

492,476.167

603,278.544

882,946,396

311,560,317

Excess of—

Total

Trade.

1870
1871
1872
1873
1874
18'^

403,5»6,(il0

481,132,058

460,352,088

573,111,099
655,964,699

488,837,948
587.757.867

595,248,048
582,115,907

569.872.653
510.947.422
590,666,629
620,302,412

1876
1877
1878
1879
1880....

1881
1882
1883
1884
1886
1886
1837
1888
1889
1890
1891
1898

503.162,936
427,347,165
480,446,300

737,091,973
765.159.825
889.883.423
833,549.127

431.612.383
513,802.796

767.9 •1.94*

752,843.507

795.209,318

687.066,216
629,28 1,H60

696.807.176
870.209.448

749.366.428

688.249.798
713.347,290

587.868.673

715.312.840

704.578,343
719,484,680
7«?,884,88l

1,009,709.045

681.579.558
742 595.229

1,255,546 266

834,961,448

Exp. 52,458,704
Exp. 10,638,497
Imp. 27,863,828
Exp. 64.170.869
Exv. 40.189.627
Exp. 151,801,404
Exp. 107,630,800
Exp. 109,593,002
Exp. 148,789,307
Exp. 23,190,789
Exp. 324,257,685
Exp. 357.118.816
Exp. 620.581,818

l,276,480,e41

799,834,6^0

Exp.47e,65?,021

680.893,688

864,718,068

GeldimDOrts

Gr»nd

1,033,463.187
1,124,802,647
*

1,183,005,916
1,014,110,358
1.018 013,794

1,100,748.712
1,168,704,356
1,278,763,621

1,588,490,598
1,503,768,576

1,520,825,153
1,482,275,538
1,.378,628,28»

1,276,118,471

this basis it will be seen the balance in the

favor for 1899

m

is

maintain the American army in the Philippines^
which remittances are not incorporated in the Govto

THB CROPS OF

to the expansion in imports, the trade bal-

The Agricultural Department,

1893..

875,831,848

1894
1895
1896
1897
1898
1899

825,102.248
834,^60.138

814,909,575
8l8.3e4,621
830.490,141
766,239,846
876.312,941

801,669.347

1,005,837,241

1,411,105,532
1,689,940,631

1,870,308,777
1,78S,63'',446

1,768,511,082
1,642,07 l,e94
1.601. 415,18S

1.626,539,48£
1,687,416,787

coun-

492^ million dollars. As
known, we owe the outside world each year a considIn addition,,
erable Bum for interest, freights, etc.
"
Ketrospect of 1899," it should,
as pointed out in our
be remembered that heavy remittances had to be made

try's

2,076,3 n.2el

827,065.750
855.399.202
970.285.926
938,020,941

1,419,789,183

123,599,5S&

Excess of exports.

On

1,131,988,460

total

1,374,240,876

691.620.852

Owing

Imp. 57,546,048
Imp. 112,759,011
Imp. 187,126,751
Imp. 27,490,181
Exp. 7,756,646
Exp. 7,784,486
Exp. 163,319,464
Exp. 139.856,112
Exp. 305.479,590
Exp. 251,557.029
Exp. 192.876.248
Exp. 163,339,679
Exp. 15,133,439
Exp. 108,143,100
Exp. 120,104,568
Exp. 100,381,125

1895.
$
23,190,':8»
29.337. 73»-

1898.
$
f
Merchan. exports.. 475,663,021 620,581,818
24,665,724
22,639,6f9
Silver exporta
1899.

the United States in,
May paid a $20,000,000 indemnity to Spain, and that
all through the early months of 1899 sales of gilt-

ernment trade

statistics; that

edged American securities for foreign account were,
recorded, the inducement for these sales having been
the high prict s ruling here.

1,842,304,274
1,89",° 10,714

1899.
at

Washington, on

ance in the country's favor on the merchandise movement fell 145 million dollars below the phenomenal
amount for 1898, and yet was, with that exception,
the very largest ever reached in any calendar year, it
being 475f million dollars. It is a striking fact, sig-

January 20 gave out its final estimates of the crops or
1899.
These estimates accord with popular expectations and differ only slightly in the general results.
from the computations previously made by outsiders,
based on the preliminary returns of the Department,

nificant of the conditions prevailing in the financial

A

general survey of the cereal harvests for the year is

markets during the year, that in face of this trade furnished in the following.
crops of WHE.VT, corn,
balance of 475f million dollars we imported nci of
gold during the twelve months not quite six million
Total
1898.
1899.
dollars,

and

in

December were

on a considerable

actually exporting gold

scale, a large

outflow having also

occurred the previous June. In 1898 we imported
almost 142 millions net of gold. Here are the figures,
showing the yearly movements of gold and silver:
-Gold.

Corn

Tear

Ending
Dec. 31—
1870
1«71
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884

....

....

1885..

1886
1887

Bxce>s of

Imports.
<

53,103.745

10,430,561

{.+) or
llll,|J(>rts^—). Exports.

18,982,638

11,629,655

8,855,948

10,477,859

4,115.448

78,767,941

3.062,459

73,644,698

3,603,543

60,398,630

38,721.079

13,403,528
33,055,961

%
+42.673,184
+39,071,027
+57,524,835
+4,958.864
+35.726,285
+39,075,158
+7,558,443
+7,352,983
—1,821,811
—74,652,495
—70,583.339
—57,795,077
+25,318,551
—16,007,191

27,957,657
23,845,311

—12,228,104

44,915,975

5,811.948

68.838,125

11.113,290

35,496,118

20.637.354

48,149,091

7,433.806

53,413,947

14.338.789

31,231,739

33.673.291

6,048.770

40,948,246
.

Exports(+)or

Exijorts

Exports.

$
37,848,083

33,534,495
32,048,799
38,076,207
29,577,984

35,889,567
25,122,736
29,336.929
13.209.252

21.701.552
12.983.442
17,063,374
17.317.055
35,794.670

41,283,222

41,309,835

-2>},ei3

29,563,748
33,280,542
27,112,707

9,144,426

44,903,827

-35,758,901

27.733,193

11,417,207

-i-

12,990,589

Imports
%
15.259.199

Importsi,—).
t

+12,586,8?4
10.963.467 +21.562,028
10.068.714 +21,980.085
9.313,185 +28,864,022
7.830,998 +21,746,986
8,547.357 +17.342.210
10,798.043 +14.324,693
12,141,560 +17,195,369
-180,632
18,389,884
+7.276.535
14,425,017
+1.352,417
11,631,025
+8,467,629
8,595,645
+8.218,670
9,098,385
14,153,357 +11.641.313
15,504, 777 +14.058.971
17,772,718 +15.507.821
+7.354.293
19,753,414
+6.722,471
31,000,721

1897.

1896.

1895.

Wheat
Oats
Barley

Rye

Bushels.
Bushels.
Bushels.
Bushels.
Bushels.
2.078.143,933 1,924,184,660 1,902.987.933 2.283,875.165 2,151,138,580
467.102,947
437,684.316
547,S0?,846
675,148,705 530,149.168
824,443,537
707,346,404
730.906.643 898.767.809
796,177,719
69,695,223
87,072.74^
66.685.127
65,792,257
71,900,000
27.210,07ft
27..'163,324
24,369,047
23,961,7U
25,667,522
S.5l'?.4«7.23S 3.411.689,787 3.225.933.361 3,612.970.18Fi 3.5B6.967.878

Thus the

-Silver.
Excess of

BARLEY AND RYE.

Production.

Total

GOLD AND SILVER IMPORTS AND EXPORTS.

oats,

result

very satisfactory.

is

seen to have been on the whole
The yield is iu no case up to

the best of previous years, and yet as regards the
three leading crops is certainly large in each inThe remark applies with particular force to
stance.

corn and oats, where record totals are not left far behind, but is not entirely inapplicable to wheat, though
there the decline from 1898 is 128 million bushels. In
estimating the significance, however, of such decline, it

should be remembered that the 1898 crop of wheat
was the largest ever raised in this country; that the
yield of the spring- sown grain in that year was indeed
phenomenal.
The estimate of the spring-wheat crop
for 1899 it is put
for 1898 was 295 million bushels
:

THE CHRONICLE.

154
at 255

million bushels.

The winter-wheat crop

CORN CROP FOR FIVE YEARS.

in

1899 suffered greatly from the severity of the winter;,
and the yield is reported 292 million bushels against
380 millions for 1898. Notwithstanding the falling off, the 1899 crop of the two classes combined
has only once previously been surpitsed in addition
to 1898.
Here is a statement carrying the crop
record for the leading products further back than in
the foregoing table that is to 1879. We add cotton.
This last, we need hardly say, has proved a decidedly

—

short crop.

Corn.

Oom.

Wheat.

Bush.
1879 (Census) 459,483,137
1880
498,549,868
1881
383,280,090
1882
504,185,470
1883
421,086,160
1884
512,765,000
1885
357,112,000
1886
457,218,000
1887
456,329,000
1888
415,868,000
1889. ...
490,560,000
1890
399,262.000
1891
611,780,000
1892
515,949,000
1893
396,131,725
1894
460,267,416
1895
467,102,947
1896
427,684,347
1897
530,149,168
1898
675.148,705
1899
547,303,846

Cotton.

Oats.

Bush.
1,754,591,676
1,717,434,543
1,194,916,000
1,617,025,100
1,551,066,895
1,795,528,000
1,936,176,000
1,665,441,000
1,456,161,000
1,987,790,000
2,112,892,000
1,489,970,000
2,060,154,000
1,628.464,000
1,619,496,131
1,212,770,052
2,151,138,580
2,283,875,165
1,902,967,933
1.924,184,660
2.078,143,933

Bush.
407,858,999
417,885,380
416,481,000
488,250,610
571,302,400
583,628,000
629,409,000
624,134,000
659,618,000
701,735,000
751,515,000
523,621,000
738,394,000
661,035,000
638,854,850
662,086,928
824,443,537
707.346,404
698,767,809
730,905,643
793,177,713

Bales.

5,757,397
6,589,329
5,435,845
6,992,234
5,714,052
5,669,021
6.550.215
6,513,623
7.017.707
6,935,082
7,313,720
8,655,616
9.038.708
6,717,147
7.527.212
9,892,761
7,162,476
8,714.011
11,180,960
11,235,383

Proditction.

1899.

1898.

BusheU.
242,249,841

Illinois

247,150.332
23 ,621,828
162,915,064
224,373.268
141.852,594
99.048,816
81,151.398
59,997,760
65,392,687
40,255,872

Kansas
Ulssonri

Nebraska
Indiana
Ohio

Texas
Tennessee

Kentucky

duction,

Production,

1896.

1895.

1897.

Bushels.

Bushels.
298.602,650
266,136,554
204.759,746
23a,072.248

76.467,742

Bushels.
220,089,149
232.928,085
162,442,728
171,923,882
241,268,490
109,825.320
92,165.580
72.175,142
63,672,588

71,893,446

83,133,025

85,177.243

64,485,744

80,932,348

93.939,331

45,190,135

44,868,116

45,365,220

35,580.560
33,645,183

52,475,000
29,723,854
38,890.071

43,512,681
50.359.558

40,041,930

33.600.242

34,446,974

35.956,690

Bushels.
254,999,850
199,959,810
132,842,048
154,731,486
158,754,666

129,154,573
102,828,439
105,338,700

48,087.140

Production,

Pro-

Production,

Iowa

Pennsylvania..
A.rkansa8

CROPS OF WHEAT, CORN, OATS AND COTTON SINCE 1878.
Year.

[\OL. TiXX.

Wisconsin

41,666,365

35,327,425

Michisran
ailnnesota

26,476,350

33,340,604

31.171,272

30,532.000

321,719,511
284,572,764

247,734.004
176.768,649
293,599.639
138.468.265
123,691.957

31,301,096
35,840,8^0

125,685,069
121.435,768
92,783,186

32,228,617

107,905,565

33.093.497

Total
Ail ethers

1.739,429,981 l,59O,C07,940 1,602,110,543 1,967,187,053 1,817.875,810
300,857,S00 316,688,107
333,262,770
338,713,952 334,176,720

Total U. 8

2,078.113,983 1.924,184,680 1.902,987,933 2,293,875.165 2.151.138.580

The

cats crop ranks

among

the best ever harvested,

and falls but little short of 800 million bushels.
There is little to say regarding the separate States
outside of^ the fact that Illinois records an increase of
39 million bushels.
OATS CROP FOR FIVE TEARS.

Oats.

niinois

Pro-

Pro-

Pro-

duction,

duction

dietion,

Pro-

Production,

Bushels.

1899.

1898.

1897.

duction,
1896.

Bushels.

Bushels.

Bushels.

Bushels

1895.

88.303,579 92,798.496 84.981,952 73,707,130
1?6,985,74» 123,428,126 103.721.100 105,641,855 183,967,338
52,e'<8.4l6 56.298,57fc 41,147,002 56,766,338 77.995,084
127.279,948

Iowa

In the case of the separate States, the heaviest
Minnesota
losses are found in Kansas (where the product for Wisconsin
67,687,380 64,648.223 62.125,310 65,257,660 63,020,269
Kansas
39,129,410 26,689,348 38,680.080 33,808.759 30,075.993
1899, at 36^ million bushels, compares with 65 Ohio
32,945.976 27,724,160 29,907,392 32.55^,689 8l,404:,493
20.299,350 15,866,168 22,078,166 19.850.490 80,547,699
million for 1898) and in some of the Middle West- Missouri
Pennsylvania
39,148.032 37,098,902 31,842,538 86.086,821 36,536,311
tern States, Indiana being credited with a crop of New York..
45.401,008 38.726,545 45.963.038 49.916.064 45,668,354
30,599,C48 27.782,650 22.940.450 80.079.200 33,265,193
Michigan
25^ million bushels
against
38| million, and Nebraska
51.474,120 56.245.042 51,731,095 34.092.681 39,911,696
34,301.248 31,938,668 33.706,582 34,433,237 35,895,695
Michigan with 13^ million bushels against 34 Indiana
17.997.670 15,080,591 11,397,144 11,838,788 19,067.914
North Dakota..
millions.
Among the spring-wheat States Minnesota Soath Dakota..
15.333,278 16.126,578 13,647,656 17,957,446 18,154,774
17,067,975 21.121.63t 16,311.150 12,688,880 14,569.178
and Nebraska have been the chief sufferers. Cali- Texas
Total...
718.327.208 637,053.688 617,987,197 614.933,852 712.735,019
fornia, on the other hand, where the crop in 11 others..
77,750.505 93.852,955 80,780,613 92.412,552 111.658,678
1898 had been a failure, is estimated to have pro- Total U.S..
796.077,713 730.906.«43 6l'8,767.80fi 707.346,404 824,443.597
duced 33f million bushels, against only 12^ million
Farm prices do not appear to have varied greatly in.
..

—

..

..

j

bushels.

the two

taking as a basis the averages furnished by the Department. These are general aver-

WHEAT CROP FOR FIVE TEARS.

Wheat

California

Pro-

Pro-

Pro-

Pro-

duction,

duction,

duction,

duction,

duction,

1899.

1898.

1897.

1896.

Bijshels.

Bushels.
38,049,133
32,875,201
59,891.104
47.998,152
32,394,020

Bushels.
21,800,016

39,998.000
25,361,175

42,103,178

68.223,581

78.417,912

36,46!l.044

64,939,412
12,224,403
19,334,348
55,654,445

33,743,909

Illinois

12,685.410

North Dakota
South Dakota

51,758,630
37,728,33H

Missouri

11,398,702

Michigan
Pennsylvania
Oregon
Wisconsin

13.335,193
20.472,923

38.426.029

42,040,923
14,104,454
84,061,851
26.609,940

32,215,579

they are of date December 1.
clines have occurred, particularly in the case of wheat.
Taking the figures for that cereal, however, just as

20,647,440

20,294,492

they stand, the comparison

48,599,061

65,584,155

30,794,452

22,919,566

45,097,195

40,097,798
19,060,712
61,057,710
29,261,(88
18,499,968

1895.

Bushels.

11.578,003
28.353,552

29,848,501

21,441,248

27,593,450

14,104.458
23,700,144

16,594,473
lo,719,89S

28,359,611

17,737.286

20,456,429
11,862,720

28,668,146

15,237,803

21.708.260
13,689,972

18.155,031

10,247,111

11,773,382

7,890,775

8,898,950

8,618,218

Nebraslja

20,791.776

34,679,309

27,452,647

14,787,024

Washlnjfton

21.710,394

20,134,648

Iowa

18.195.48B

23,453,048
22.189,624

19.390,602
8,35S,192

13,153.114

11,473,152

13,654,778

21,949,536

7,195,952

Total
All others

145,574.489 546,637.098 425,020,841 359.457,955 400,801.992
101.729,357 I28,611,')07 105.128,327 68,226.392 66,300,955

Total United States

347,303,84(' 675,148,705 530.149,168 427,684.347 467.102,947

As regards

corn,

we understand
Since then some de-

ages covering the whole country, and

Pro

Bushels

Ohio
Indiana
Minnesota
Kansas

years,

is

58*4 cents for 1899 and

58-2 cents for 1898, against 80-8 cents for 1897

and

72-6 cents for 1896.

bet-

Nevertheless, the result

is

than for 1895 and for 1894, when the averages
were 50*9 and 49-1 cents respectively.

ter

AVERAGE PRICES RECEIVED BY FARMERS AND PLANTERS
1899.

1898.

1897.

1896.

1895.

1894.

Wheat, per bushel
Rye, per bushel. ..
Oats, per bushel

Cents.
58-4
51-0
24-9

Bailey, per bushel..
Corn, per bushel

Cents.
80-8
44-7
21-2
37-7
26-3

Cents.
72-6
40-9
18-7
32-3
21-5

Cents.
50-9
44-0
19-6
33-7
26-4

Cents.
49-1
50-1
32-4
44-2

30-3

Cents.
58-2
46-3
25-5
41-4
28-7

45-7

the crop

is reported at 2,078
million bushels, against 1,924 million bushels in 1898,
and 1,902 million in 1897, but against 2,283 millioo in
1896.
The Southern States generally have a diminished yield, by reason of the same weather conditions

RAILROAD NET EARNINGS FOR

NO VEMBER.

no occasion for much comment with reference to our compilations of railroad gross and net
which cut short the cotton crop. Iq Kansas, Ne- earnings for the month of November. The improvebraska and Illinois very striking gains have occurred, ment is smaller than for the months immediately
the crop of the last-mentioned State being esti- preceding, and yet reaches satisfactory proportions.
mated at 247 million bushels against 200 million In gross the increase amounts to $7,764,654, or 11*05
bushels, that of Kansas 237 million against 133 per cent, in the net to 12,635,266, or 10*17 per cent.
million, and that of Nebraska 224 million against The following shows the aggregates for the month
158 million.
and the year to that date.

There

is

5

January

January

Novemhtr.

November

%
7,704.654 728,148.632 658,316.388

69,833,244

Oper. exp.

5,129,388 482,181959 441,263,090

40,928,809

Net cam's

28,671,239

2,635,266 345,956,673 217,052,298

25.935,9731

28,904,375

To

appreciate fully the significance of these ^ains
for November, the facts stated in onr review of the

preliminary figures for that month should be recalled.
In brief, the improvement has been established in

hundred thousand

bales

cotton at the Southern outports
and a decrease of over 23 million bushels in the deliveries of grain at the Western primary markets, not
in the receipts

of

the smaller live-stock deliveries in the
same part of the country. Furthermore, the comto speak of

d an exceptionally heavy increase in 1897, the improvement then having been no
less than $11,321,425 in gross and $5,866,061 in net,
as will appear by the following.
it

0/ roadt.

Year

Tear

Oiven.

Preceding.

November

$761,976

Southern Paciao

Tear

Tear

Oiven.

Preceding

4.'^2.907

437615

Paoitic Coast

Erie

(147.

60.938,620

63.017.046

21,114,091

21.630,261

—516167

(139

64.085.80

58.910.401

+5.174.80.'^

23,019,2£S

20,407,067

252.957
236,44!)

235,633
232,828
198,009
191,593
174,732
167,797
l.'^6,670

132.286
129,682
107,7 89
1 02,983
101,322

.

Hocking Valley
Rio Grande Western.
Chesapeake & Ohio...

(184)

67.ai7.liE

62.895.707

-5.6; 8,461

19.606.027

22,879.58i-

e5.£ 07,471 ^-ll.321,42^

88.391.807

22,625,746

6
(139 76.828.896
(136) 83.750.407
(126) 78,030,668

Jan.

1 to

Nov.

80.767.594

+8,<'92,81t

80,149.878

29,395.48;

70.2; 2,014

+7.764.854

28.571,238

25,936,9:8

-80,153.26(«| 172.569,81' 202,943,18-'

-30.353.384

& Texas...
Nash. Chat. & St. Louis
Minn. & St. Louis
Peoria & Eastern
Alabama Gt. Southern
Ohio River
Mexican National
W. Jersey & Seashore.
Chicago & East 11. . .
Caev. Lorain & Wheel.
Mo. Kans.

1

Midland Terminal

85,494
80,772
77,343
76,226
75,193

Western..

....

Total (representing

$7,423,539

55 roads)

Decreases.

86,5 1

Central of Georgia ...
St. Louis Southwest. .

$44,061
38 ,596

Total (representing
2 roads)

$82,657

NET

EARNINGS IN NOVEWIBER.
PRINCIPAL CHANGES
Increases.
Increases.
$54,017
$500,607 Union Pacific
Southern Pacific
43.819
447 ,9 87 Lake Erie & Western.
Atch Top. & Santa Fe.
IN

.

Baltimore

& Ohio

Canadian

Paolflo

274,146
201,727

89 077
87,332
86,281
73,if9
71,751
63,597
61,267
60,599
57.121

&

Louisv.
Chic. Indpls
Miss. VaUey.
Yazoo

&

&

Pitts..

Rio Grande Western

.

33,461
30,476

Total (representing
$2,818,483
29 roads)

110,263
104,217
104,068
95,502

Nashville
Louisv llle
Sav. Fla. & Western..

Wabash

Buffalo Roch.

167,<'09

&

+2.612.196
—3,373,561
+6,886,061
+754,391
+2,636,266

68,313
64,463
55,218
54,259
42,196
41,765
37,407
37,278
36,979
36,814
36,638
36,281
31,743
31,490
3 0,438

1

Mexican Central
Central of New Jersey
Norfolk & Western. . .
OntonPaoiflo

&

fi8,621

368, 67

Wabash

N. Y. Ont.

&

Lake Erie & West
282,171 Colorado Midland
258,014 AUeKheny Valley

Louisvine & Nashville
Southern Railway
Illinois Central
01eve.Cin.Chlo.& St.L.
Grand Trunk System..
Baltimore »fc Ohio
Atch. Top. & Santa Fe.

Northern Pacific
Chic. Rook I. & Pac.

$73,447
72,520
70,3 06

.

512.064

S

$
-2,098.42r

Great Western

Phll.&Reart.andC.&I.

Pacific Coast
Central of New Jersey

or

Chic.

Canadian Pacltio

.';22,238

Paul.

Decreast

Inereasi

of

NOVETIBER.

IN

Buffalo Roch. & Pitts.
Miss. Valley
Yazoo
8av. Fla. & Western..

& 8t.

Cleve.Cin.Chic &St L.
Norfolk & Western...
nUnois Central
Erie
Grand Trunk System..

Set Barninjs.

Increase or
Decrease.

*

1894
1895
1896
1897
1898
1899

1894
1896
1896
1897
1898
1889

f ollowt

Qrot$ BarninoB.

list

increasoH.

<te

in net), but

EARNINGS

Increases.

is

Tear cum
Nunnber

GROSS

PBINCIPAL CHANGES IN

with heavy earnings. The increase in No- Chic. Indpls Louisv.
Burl. & Qulncy
vember of the previous year had not been very strik- Chic.
Denver & Rio Grande.
Central....
ing (amounting to $2,992,813 in gross and $754,391 Wisconsin
Kan. C. Ft. 8c. & Mem.
parison

furnish below a

ported this time.

Ohio. Mil.

face of a falling off of seven

We

the changes exceeding $30,000 for the separate roads.
The Pennsylvania Kailroad, however, has not re-

Gross cam's 78,036,668 70,272,014
44,330,041

165

of those leading staples.

30.

Increase.

1898.

1899.

Increase.

1898.

1 to

(117 roads.)

(126 roods.)

49,466,429

.....

THE (^HKONICLE.

27, 1900.]

1899.

—

3

..

1

Hocking Valley
Southern Railway

Decreases.
&Quincy..

Central of Georgia
Mo. Kans. & Texas...

$218,148
71,328
59.194
52,956
49,378
31.039

Total (representing
7 roads)

$432,043

Chic. Burl
Ohio. Mil.
Cin. N. O.
Phil.

& St. Paul..
& Tex. Pac.

& Read, and C.& I.

80.

(130) 577,906.452 658.059,721
(128; i99 954.»-96 666,25 t,T01
(123' 583,6tl3,44« 681,185,137

+3?.69519 190,023,478 170,853,646 +19,169,830
+ 2,438,804' 181,C67,e6t- 185,000,396 —3.932.728

ITEMS ABOUT BANKS. BANKERS AND TRUST CO'8

bank stocks this week aggregate 229 shares,
(128i rt-8.913 014 634,670,03 4 33,342,984 218,052.803 194.361, 65P f23.6Ul,344
including 50 shares of a Brooklyn bank, all of which were
(126) 7T6.3«8 455 724,073,078 +58,319,377 249.643.488 230.360 016 +19.283.478
sold at auction. The sales of trust company stocks reach a
ni7) 728.148,6.S'.> 658,315,3S- +6P,H33.244 245.956.673 217.0'^ 2,2fl8 +28.t»04,375
total of 115 shares. A sale of 3 shares of New York Life
The gains have been very general, as will be evident Insurance & Trust Co. at 1425 shows an advance of 120 points
when we say that when arranged in groups there is an over the price paid at the last previous sale.
Last previous tale.
Price.
increase in gross for every group and an increase also Bharet. Banks—A"ew YorU.
in net in every case with one exception.
is

The exception

the Northwestern group, where enlarged expenses

on several leading roads have occasioned a small

loss

in net.

Nov. 1899— 457
455
American Exchange Nat. Bank.. 187^-1873i Jan. 1900— 186ifl
Jan. 190O— 525
Importers' & Traders' Nat. Bank. 529 >«
Jan. 1900 - 250
Leather Manufaot'ers' Nat. ,Bk.. 245^4
Nov. 1899— 440
425
12 Metropolis, Bank of the
Jan. 1900- 109
107ifl
58 Phenix Nat. Bank
Dec. Is99— 111
120
5 Twellth Ward Bank

40
24
30
10

America, Bank of

^tLSTS.— Brooklyn.

QHOUV.

1899.

1898.

November.

<

Vrankllnea...(8) 11,661.295
Anthra. coal
7 240,043
East. & Mld.dl)
1.467,749
Mid. We8t'n.(26i 6,831,213

10.266.354

Mforthwest'ndO)

12,332.496

ll,373,56i

Bonthwest'n.iZOl

9,949.365

9.449,301

Pacific Coast (13i

14,736,171

8oathera...,(30
(3)

Total.(186r'ds

I
S.80S,S18

417.554

+ 34.621

8-27

6,036,51!<

2.416.661

2.046.808
4,689.142

4,042,291

3.831,319

+3€9,7S2
-222,730
+410,972

18-08

4.466,412

13.062,18

6.6C 6.416

5,7«8,a25

t883,0n

16-43

11,677.285

10,437.7U

4,162.238

3.781,893

-)•

380,346

10-06

2.138,052

1,923,44

840.377

827,977

+12.400

1-50

i8.571,239

25,935.973

+2,635,266

1017

70.272.014

2.(

28,528,728

56,581.700

17.860,081

15,821,167

13,6E8,812

6.276,418

4.633.470

5S,6i 2.881

20,072.932

17.177.880

115,558.066 105,705.616

41.237.868
29.177.441

60.846,248

39.287,661

FadflcOoastdS) 136,669,798 122.789,121

56,094,501

23,698.360
49,9S0,17t

eontliern....i30 110,33, 070 101.373.628

35,526,471

31,645,111-

7,940,806

6,985,729

21,677,675)

77.869.676

19.227.68

1-46

4 76

11-32

+4,241,642 14'87
+2,528 897 16-57
+742,948 16-39
+8,895,068 16 85
4*86
+1,960 218
+6,685.061 23-67
+6.114.326 ]2-i3
+8,f 81.853 12*27
+964.877 lb-67

Total.(ll7r'd8) 728,148.632 668.316,388 246,95667i! 217,052.298 1-28,904,376

13-32

group comparisons should be so
the more noteworthy in view of the great
in the grain and cotton movements,

fact that the

favorable

is

off

Jan.

1900— 197

196J4-S03
Jan. 1900— 200
45 America, Trust Co. of
Oct. 1899-1421
1440
18 Farmprs' Loan & Trust Co
Jan. 1900- 2C0
200
20New York. Trustee, of
Jan. 1900—1305
1425
2N. Y. Lifelnsur. & Trust Co
Jan. 1900— 390
350
25 State Trust Co
Dec. 1899—1650
1640
5 United States Trust Co
—The trustees of the Atlantic Trust Company, at a meeting this week, re-elected the present officers,; as follows:
President, L. V. F. Randolph; First Vice-President, John L.

Riker; Second Vice-President, William Carpender; Secretary, John Alvin Young; Assistant Secretaries, L. M. Jones

and Benjamin Strong,

which operated to the serious disadvantage of many of
the roads. The increase in the general merchandise
traffic and in passenger business, arising from the
prosperity of trade, did not in all cases suffice to offset
the loes resulting from the diminution in the traffic

Jr.

Co., of Paterson, N. J., began busicapital is |150,000, and surplus the

—The Hamilton^Trust
ness January

32.770.370

(3

.

2,015.63*"

8onthwe8t'n(17) 83.9)2,496

Mexican

P. <
26 32

46.11C

78.036,668

MW. WeBt'n.(2a)

I

462.076

iitbra.coal..(6) 68.331.818
Hast. & Mld.(li) 16.497.234
(8

8.539,768

1,256,406

6,466.53

f<sn.ltoNov.SO.
Trnnkane8..(8) 115.818,236 I06,636.29t

Worth west 'n.

$

Incnase.

1898.

+737.44
+29,474

. 1

Mexican

1899.

200ia

Trust Companies—JVetc York.

Net Baminga,

Orois Eamtnts.

SBCTION OB

falling

sales of

50 Mechanics' Bank

8UHMAST BT OBOnPS.

The

—The

22.

The

same amount.
the annual meeting of the Tacoma Clearing House
Association, held January 16, the following officers were
elected: P. C. Kauffman, President; P. V. Caesar, Vice-President; A. F. Albertson, Secretary; F. P. Haskell, Jr., Manager. Clearing House Committee: P. C. Kauffman, L. J.

—At

Pentecost, S.

M. Jackson.

— The plan of

the United States Mortgage & Trust Co. of
this city, by which they certify as to the genuineness of
municipal bonds, seems to be growing in favor with
municipalities putting out new bond issues. The most recent
instance of the adoption of the company's certification system
is found in the case of Tacoma, Wash., which is issuing
$1,200,000 bonds that are to be sold on Feb. 14, 1900.

—

At the annual meeting of the Old Colony Trust Co. of
Boston on Tuesday the stockholders voted in favor of amendng the by-laws so as to permit an increase in the number of

J
J

THE CHRONICLE.

166

the directors to twenty-five. The old board was re-elected,
and Gordon Abbott, C. S. Tuckerman and Eben S. Draper
were also chosen directors, making twenty-two. The
other business transacted was a vote to apply to the Savings'
Bank Commissioners of the State for authority to transact a
fiduciiry business. The company has filed a petition for
permission to hold $1,000,000 in real estate in the city of
Boston.

—W. H. Taylor, Third

Vice-President of the Produce Exchange Trust Co., was this week elected a director of the
Seventh National Bank, representing a block of the stock
of this bank which has been lately acquired by the Gould
family. As was announced in this column January 13, General Samuel Thomas, Vice-President of the Produce Exchange
Trust Co., was elected a director of the above-named bank.

—The

annual banquet of Group No. 7 of the New York
State Bankers' Association, comprising officers of banks in
Brooklyn and on Long Island, was held at the Clarendon
Hotel on Wednesday evening.

—Beverly Chew Duer, for the past ten years Cashier of the
Bank

of the State of

New

York, died after a prolonged

INTEREST-BEARING DEBT DECEMBER
7itle of

Loan—

>

^
'^

O — F.

Pac.RR. bonds. 1.491,921,P00 796,007,780 231.727,370 1,026 772,320
Note.— The denominations of bonds are as follows: Two per cents (registered

only), $50, $100, *o0u, $1,000, $5,000, $10,000, $20,000, $50,000; 4s of 1907, registered, $60, $100, $500, $1,000, $5,000, $10,000. $20,000, $50,0<J0, coupon, $5(', $100,
$500, $1,000; 4s, refunding certificates, $lii; ss of 1904, registered, $50, $100,
|l,fl'><i, $10,00ij, coupon. $50, $100, $1,01 0; 4s of 1925 registered, $oi>, $100, $500,
|1,000, $5,000, $10,000, coupon. t50, $100, $500, $l,OuO; 3s of 1H08-1918 registered,
|20, $100, $500, $1,000, $5,000. $10,000. coupon, $20, $100, $5C0, $1,000.

DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
Norembcr

Funded Loan of 1891. matured September

2 1891.

Old debt matured prior aud subsequent to Jan.

cent, and, second, by issuing 50,000 shares of new stock for
nse by the board of directors in the acquisition of the assets
of the National Union Bank, which then will be more than
equivalent to those of the National Bank of Commerce in
New York. The effect of the proposed consolidation will be
to give to the National Bank of Commerce in New York
a capital and surplus larger than that of any bank in
the United States. The board of directors unanimously
xecommends the stockholders promptly to avail themselves
of this opportunity to increase the capital and surplus of the
National Bank of Commerce in New York and to acquire the
good-will, business and assets of an active, prosperous and
most important financial institution."

— At

the annual banquet of Group 8 of the New York
State Bankers' Association, to take place at the WaldorfAstoria Hotel Febraary 6, Secretary Gage will be one of the
guests of honor, and it is expected that he will make a
speech. It is understood that between 300 and 400 prominent bankers will be present.

United States notes
Old demand notes
National bank notes— Redemption account
Fractional currency
Less amount estimated as lost or destroyed

26

$1,2C 8,500 26

$51,000 00
.$346,681,016 00
53.847 50
36,299,213 00

$15,266,492 66
8,375,934 00
6,880,558 66

Aggregateof debt bearing no interest

$389,914,140 16

1,417,896,460 42
283,596,453 27

1,426.308,270 42
286,216,489 93

Dec. 8.413.810 00
Dec. 2,620,986 66

1,134,300,007 15

1,140.091.830 49

Dec. 5.791,823 34

.

.

Total gross debt
in Treasury.

Cash balance

.

Total net debt

The foregoing

Nov. 30 1899.
$

show a gross debt on Dec.

31 1899
(interest-bearing and non- interest- bearing) of |1, 417, 895,460 42
and a net debt (gross debt less net cash in the Treasury) of
11,134,300,007 15.

figures

Pacific Railroad Debt.

—These bonds are never included

in the official total of the Government debt. To show their
present status we have made the following compilation:

UNLIQUIDATED BONDS ISSUED TO PACIFIC RAILROADS—THEIR
STATUS .7ANUARV 1 1900.
Railroad lAabilitv.
of

Name
RaUway

Bonds
Issued
by Oov't.

Repaid by Companies.

Net
Int. Paid

Tlirougli

Settlement

Sinking

with

by Gov't

Fund.

Oovernm't.

$

Central Pacific. 35,8H5,120

36,604,385

$
9,100,452

Balance
Total.

Cent.Br.,U.Pac..

l,60(i,0u0

West.
Sioux

1,970,560
1,628,320

Pacific...

C.&

Pac.

Total
*

Due
U.S.

63.389,053

62.489,505
12.910,468
58,448,224

* 12.910.458
Kansas Pacific. 6,303,000
8,607,458
Union Pacific. 27,236,512 31,211.712 18,194,618 40,253,6^6

3.754.524

2,164,624
3.453,103
2.579,956

5,423,668

6,42i3V6e3

4.208.276

82.611,138 27.g9S070 111.976.78'> 139,271,850 7.962.800
principal of bonds— $6.ilub.oo0—in full payment of all

64,623.612

Government accepted

Indebtedness

Treasury Cash and Demand Liabilities. — The cash holdGovernment as the items stood Dec. 31 we take
from the Treasury statement of that date. The net cash
balance given below is the same as deducted above in reachings of the

ing the net debt.

CASH in THE TREASURY.

Gold- Coin

$253,555,,094 07
144,476,,933 82— $398,032,087 30
413,3^2,,656 00

Bars
Silver— Dollars
Subsidiary coin
Bars.
Paper— United States notes
Treasury notes of 1890

89

2,992, 3i-9

-

497,200,739 01

4.275 StO 04-

64,588,670 04

80,8S6, 6S3 12
28,411,,651 to
1,385,,«2H 00

Gold certificates

23,721 8^2 00
6,423 ,e8M 00

Silver certificates.
Certificates of deposit (Act

June 8, 1872)
National bank notes
Other— Bonds, interest and coupons paid, awaiting reimbursement
Minor coin and fractional currency
Deposits in nat'l bank depositaries—general aoc't.

W.

the stockholders ' the Clearing
was held at the Cleanng House

1,087.049,690 00
1,209,820 26
888,048,760 16

Inc. or Dee.
$
00
10,277.370
Dec.
1.320 00
Dec.
Inc. 1.866.880 00

Dec. 31 1S99.
Clasniflcatinn of Debt—
$
Interest^bearing debt... ...1,026,772,320 00
Debt, interest ceased..
1,208,600 26
Debt bearing no Interest. ... 889,»14,«40 16

Disbursing officers' balances

370,',(100

00

561,042 80
317,389 42
80,914,640 29

6,388,533o2—

Aggregate

DEMAND
Gold certificates

President, G. G. Williams; ViceSimmons; Secretary and Treasurer,

88,184,60663

$1,048,006,04197

LIABILITIES.
$184,844,619
401.464.504
12,850.000
88,320,280
9,856,497

Silver certificates
House Building Company
Certificates of deposit Act June 8, 1872
notes of 1891
Thursday. The following directors were re-elected for a year: Treasury
Fund for redemp. of uncurrent nat'l bank notes
checks and drafts
Outstanding
George G. Williams, President of the Chemical National Disbursmg officers'
balances
Agency accounts, &c
Bank; F. D. Tappen, President of the Gallatin National Goldre^erve
$100,100,000 00
183,696,468 27
Bank; J. Edward Simmons, President of the Fourth National Net cash balance
Aggregate
Bank; E. H. Perkins, Jr., President of the Importers' &
Net cash balance in the Treasury Nov 301899
Traders' Bank, and Dumont Clarke, President of the Amer
Net cash balance in the Treasury Dec. 31 189K
loan Exchange Nat. Bank. The directors re-elected the folDecrease during the month.

President, J,

$107,301) On
l,10l,'<;00

DEBT BEARING NO INTEREST.

Crofut, who has been
elected Assistant Treasurer of the Society for Savings Hartford, Conn., will assume the duties of his new pcsition
about Feb. 1.

officers for

December 31

30.

$107,3(0 00
26

.

Debt on which interest has ceased
$1,209,820 26
Bonds issued to Pacific railroads matured but not yet presented; Union Pacific, $la,Oui/; Central Pacific, $i2,W0;
Kansas Pacific, t6,0ou; total

:

lowing

.

1 '61 1,102,620

RECAPITULATION.

National Bank of Commerce in New York will be held March 15, at which formal
assent is expected to be given to the merger of that institution with the National Union Bank. The stockholders will
also take action on the proposition to increase the capital of
the bank by the issue of 50,000 shares of the stock for the
acquisition of the National Union Bank, and action will also
hs taken to change the by-laws so as to enable the bank to
have not less than nine nor more than nineteen directors.
The following is a copy of a circular letter which has been
sent to the stockholdCTS of the bank:
"After the National Union Bank by increase of its capital
stock shall be possessed of net assets approximating $8,200,000, the National Bank of Commerce, already having assets
approximating $8,500,000, will be prepared to effect practical
consolidation upon these highly satisfactory terms First, by
paying to the holders of its present stock a dividend of 10 per

—The annual meeting of

545,366,560
37,170
95,009,700
162,315,400
198,679,000

67,147,450

30,702,356
44,625,260
89,252,320

Tot., excl.

ill-

— A meeting of stockholders of the

Commissioner Sidney

«
25,.'}64,600

740,914,650 478,21«,100
40,012,750
64',307.a56
100,000,000
162,315.400 117,690,150
198,679,000 109,426,680

—

Q.— F.
Q.— F.

of 1908-1918

Total,

25,.364,500

loan, 1907.. Q. —
Refund'Bcertiflc's.Q.

Funded

Loan of 1904
Loan of 1925

Outstandino.

Coupon.

RMistered.

tsiued.

)

ness on Sunday at his residence in this city.

—Bank

Amount

I
250,000,000

M.

31 1»99.

it

Amount

Intere t
payable.

4^8, Fund, loan, 1891.
Continued at 2 p. c.
4s.
4s,
5s,
48,
8s,

LXX.

[Vol.

3,214,t<Ml

00
00
00

00— $686,979,403 00
51

19

65,815,631 69
9,045,372 81—

'77,431,185 70

283.695.463 87

,...

$ 1,04S.006,041 07
$286,316,439 93
2-3,695,468 87
$2,620,986 66

a year:

Edward

p(C0ttetatr^ g (£>ommtvciKl%nQlish%tvas

William Sherer.
I

DEBT STATEMENT DECEMBER

London, Saturday, January 18, 1900.
Bnsinees is exceedingly stagnant upon the Stock Exchange,
and even in the money market there is exceedingly little
doing; but as the week draws to a close there is a better
feeling, partly due to the repulse of the Boers in their assault
upon Lady smith and partly to the arrival of Lord Roberts
and Lord Kitchener at Cape Town, and the hope that they
will infuse new spirit and new enterprise into the operation.
The greater ease of money at home and abroad is likewise

SI 1899.

The

following statement of the public debt of the
United States on December 31 1899 is made up from

on that day.
Further oq we
^ive an interesting exhibit of the Treasury cash holdings of the same date.
official

FroiP onr own oorreepondent. j

figures issued

I

favorable to markets.

At the Stock-Exchange

settlement.

3

.

January

:

:

THE CHRONICLE

27, 1900.]

167

which began on Tuesday morning and closed last evening, it to Argentina, and possibly some may have to go to South
was found that the account open for the rise had been enor- Africa. For all these reasons it is clear that the Bank of
mously decreased, in fact there is exceedingly little ''bull" England is bound to take measures to protect its reserve, and
account now, either on home or foreign account. Lastly, the therefore ought to do its utmost to make a 5 p. c. rate effective.
The India Council on Wednesday offerred for tender 60
Germans have stopped selling. Owing to the calling in of
and the applications amounted to 444 lacs. The whole
lacs,
from
Germany,
the
bankers
American
and
French
loans by
German banks last month put pressure npon their customers amount offered was taken in bills at somewhat over Is.
to reduce their accounts, and the Germans began immedi- 4 3-32d. per rupee, and in transfers at Is. 4 5-32d. per rupee.
ately to sell upon a very large scale. Moreover the Bourse Afterwards the Council sold 36J^ lacs by special contract at
laws af^opted some time ag? have very greatly hampered Is. 4 3-32d. per rupee for bills and Is. 4 l-8d. per rupee for
On Thursday the Council sold transfers by
Stock- Exchange operations in Germany, and in consequence transfers.
German operators have transferred their accounts largely to special contract at Is. 4 7 32d. per rupee.
The following return shows the po.sition of the Bank of
London; but in London last month rates were exceedingly
of consols, &c.
the price •""'°
high, and there was much doubt whether bankers would be England, the Bank rate of discount, '"""
'"""
1897.
1898.
1899.
190O.
necessary.
that
were
Very
willing to lend all the sums
Jan. 12
Jan. 18.
Jan. II.
Jan. 11.

many German

operators, therefore, closed their accounts to
avoid paying heavy differences, and above all to risk the
refusal of bankers to lend. The selling went on until the
end of last week. This week it has quite come to an end, and
there has been some small buying by Germans of American

railroad securities.

however, the Germans are doing little, and the
home public is doing even less. Most persons prefer to keep
what money they have free until they can see their way
more clearly both as to the movements of the money market
and to the course of the war in South Africa. Moreover, the
very unfriendly feeling in Germany and all over the Continent, the reported movement of Russian troops towards the
Afghan frontier, and the alleged designs of Russia upon
Persia, all warrant operators here to be cau'ious for the
time being. We have such an immense force now locked up
in South Africa that nobody can tell whether some of our
ill-wishers may think the moment opportune for taking
action hostile to us. Therefore everybody just now is bound
to be cautious.
There is another reason why the markets are very quiet,
and that is the fear that trade, which has been so marvelously good, may receive a great check, partly because of the
war and partly because of the extraordinary rise in prices.

As

As

yet,

yet, fortunately, there is

no sign of any

real check.

Busi-

ness which people can put off is being put off. New comdanies and new loans are not being brought out; but on the
other hand, new companies and new loans are being arranged
for as soon as the market seems favorable, and manufacturers of all kinds are full of orders.
On Thursday the directors of the Bank of England reduced their rate of discount from 6 per cent to 5 per cent;
the arrivals of gold have been large and there is a great addition to the reserve of the Bank. The Bank of France instantly followed by lowering its rate from 4}^ per cent to 4
per cent, and on Friday the Imperial Back of Germany reduced its rate from 7 per cent to 6 per cent. The arrivals of
gold and the ease that has come over markets in Berlin and
New York have so greatly impressed bill-brokers and discount
housts here that money has become exceedingly easy, and
the discount rates in the open market fell away suddenly
and greatly. The fall was too rapid and was not justified;
but undoubtedly the Bank of England did right to reduce
its rate, partly because the rate had become ineffective but
mainly because it was pressmg severely upon trade. N( w,
however, all careful observers hope that the Bank will take
active measures to make a 5 per cent rate effective and that
rates will in consequence soon recover.
The Continental exchanges are all turning against London,
and it looks now as if much of the gold which was intended
to be sent here will not come. la the meantime, although
the Bank of England has attracted a gord deal of gold from
abroad, its reserve is still very small, and it has to face very
considerable demands upon the reserve. The Indian Government, before the great stringency began towards the end of
November, had "earmarked" in the Bank of England, roughly,
about three-quarters of a million sterling in gold.
On
Wednesday they "earmarked" another quarter of a million,
or rather somewhat more, and on Thursday they added
£10J,000, There is thus considerably over £1,100,000 of gold
which otherwise would be at the disposal of the Bank of
England locked up in the vaults which it cannot touch, and
as the demand for Council drafts is very strong, it is clear
that the India Council, if it pleases, can "earmark" a good
deal more.
On Thursday the Bink of Bombay and the Bank of Bengal
raised their rates to 8 p. c.,the export season being now in full
sway. The B ink of Bengal always increases its circulation
on a vtry large scale in January because of the demand for
money to move the Burtnah rice crop. That crop is very
large this year, and it is being bought up actively; and
therefore it is thought probable that the Bank of Bengal
will have to raise its rate still further. The Bank of Bombay is raising its rate mainly because of the cotton exports,
and both are no doubt affected by the famine. In these circumstances it is obviously advisable to increase the silver
circulation as much as possible. The Indian Government
holds in its note reserve a very large amount of rupees as a
security against its notes. Its object is to substitute gold
for rupees, paying the rupees out into circulation.
The
Government can attain its object either by selling Council
drafts freely in London and adding to its stock of gold in the
Bank of England, or by so restricting its sales of Council
drafts as to compel those who have to pay moneys in India to
send out gold. Whichever course it takes iti^ very probable
that a good deal of gold will go to India. Gold is still going

Silver
*

Keduced from 6

20,058,988
30,980.418

29 ll-ied.
127,816,000

110«

fSH

27 6-l6<l.
154,468,000

January

to 5 per cent

505^

a
112 11-13
26 ii-iea.
144,603.000

4

27 l-16d.

0,992,769
46.042,696
14,«36,117
28 898,268
26,399,377
86.594,282

417-16

40%

6*
16P,P80,' on

Clearing-House returns

£

2fl.02t.906

40,370.457
14,023,036
33,169,052
20,684,878
81.887.248

16,1»2,0<«
8<i,0t'i,7n7

i)9i^

:.

Messrs. Pixley

27.721.480
7,890,700

1

Coin & bullion, both departm'ts
Prop, reserve to liabilities.. p. c.
percent.
Bank rate
Consols, 2% percent.

£

27, C 02,380
9.3t«l,449

£

£
28.325,855
9,987,021
45,220,883
19.067,167
32,891,9
21.831.8i6
33,367,711

Circulation
Public deposits
Other deposits
Government securities
Other securities
Reserve of notes and coin

11111-16

11.

& Abell write as follows underdate of Jan.ll

Gold—The Bank has received since last week £1,005,000. of whicli
£620,000 ia in Eagles from America and £^81,000 from Germany.
Of tlie withdrawala, amounting to £709.000, £4 00,000 is on account
of tbe India Currency Department and £19"i,000 for South America.
With the maximum transfer rate raised by the India Council to li^. 4732d.
per rupee, the point is almost reached at which gold can be shipped.
West Indies, £52,000; New York, £570,000;
For the week.—Arrivals
Total,
Vera Cruz, £22,000; Australia. £35,000; Straits, £1,000.
Jan. 4— Bombay, £36,.^00. For the month
£680,000. Shipments
Germany, £240,000; Holland, £214.000;
of December.— Arrivals:
France, £325,000; U. 8. A., £510.000; South America, £82,000 Shipments: Germany, £308,000; France, £106,000; South America,
:

:

£897,000.
Silver—With total cessation of Eastern orders and pressure of sales
from New York, the market has gradually fallen to 27d. The Indian
rate forward is quoted at Bs. t8^ per 100 tolahs. For the week.— Arrivals New Yoik, £160,000;; West Indies, £19,000: Australia, £31,Shipments: Bombay, £170,227. For the
000. Total, £210,000.
month of December.- Arrivals: Germany, £76,000; France, £ 10,000;
S.America, £54,000. Shipments: Germany, £150,000; France, £81,000; S. America, £25,000.
Mexican Dollars— These coin continue entirely nominal.
The following shows the imports of cereal produce into the
United Kingdom during the first nineteen weeks of the new
:

season compared with previous seasons
IMPORTS.
1898-9.

1899-'00.

1896-7.

1897-8.

Importsofwheat,cwt.22,641,300 21,977,850 23,738,550
8,824,494
7,277,700 13,215,900
Barley
5,553,520
6,254.970
6,733,300
Oats
1,021,700
938,270
1,331,800
Peas
1,23:^,810
947,320
662,600
Beans
23,737,800 18,582,960 16,408,760
Indian Corn
7.451,500
8,099,730
Flour
8,130,600
Supplies available for consumption (exclusive of
-

September

26,440,330
11,809,220
7,967,770
1,610,775
1,292,650
22,302,.500

8,558.460

stocks on

1):

1898-9.

1899-'00.

1896-7.

1897-8.

Wheat imported, cwt.22,641,300 21,977.850 23,738,550 26,440,330
8,130,600

8,o;t9,7.so

home-grown. 12,552,194

12,437,267

7,451,500
11,024,601

8,558,460
10,463,564

43,324,094

42,514,847

42,214,651

45,462,354

Imports of flour
Sales of

Total

1898-9.
27b. Od.
278. Od.

1899-'00.
Aver.prloe wheat, week 258. 9d.
A.verage price, season. 26s. Od.

The following shows the quantities
maize afloat to the United Kingdom:
Last weeK.
1,385,000
320,000

week.
1,490,000

Tliis

Wheat

qrs..
Floar, equal to qrs..
Maize
qrs..

295,u00
755,000

8^:0.000

1896-7.

1897-8.
348. lid.
368.

318. Id.
298. Od.

6d.

of wheat, flour
1899.
1,890,000

465,000
780.000

and

1898.
2,420 000
425,000
635,000

Enslisli Financial markets— Per Cable.
The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Jan. 26.

London.
Silver,

per ounce

Consols.,

new, 2%

Sat.
d.
p. cts

For account
Fr'oh rentes (in Paris) fr.
Spanish 4s
Atch. Top. & Santa Fe..
Preferred

Baltimore & Ohio
Preferred

.

Canadian Pacific

...

.

Chesapeake* Ohio

&

277,fi

1011^16
I01i3,e

&

67 14
5038
6258

eo

59%

77 14
96
31

7714
9538

77
96

&

South'n Railway, com..
Preferred

Union

Pacific
Preferred.
Wabash, preferred
deb. "B"
* Price per share.
.

bO%

31
12108
1H38

7II4
12i«
34 18
II6I3
8314

10%
I37I3
221a

72
531a
7618
661a

1

21-^8

1818
7114
11'8
3356

117
8278
1058
I37i«
22 14
721a

39 14

39 14

39
12
56I4
481a
77 14
211a

60
77 14
97
31
1221a
I8I4
711a
12i«

34 14
117

59
7678
961a
3014

121

17%
70^8
ll'a
3-.i«

xll5
x80i«

lt%

137
2214

1371a
2238
7214
5338
761a

lOia
1361a
22J4
7114
5214
7579

71%
66

I4I4

4888
7738
211a

277ie

100 ''8

8358

75%

I4I4

12 14

Fn.

10%

66ifl

26

56

7658
96i«
301a
I21I3
I8I4
7114
ll's
3338
117
8214

52 1«

I414

1238
5618
48^8
7738
21I3

58%

76*4

26

914

Thurs.

277,6
277ie
101b]6 lOlSja

53
»
26i«

914

Wed.

1019iP I0l»,fl 101» e lOO'^S
fc997i2 lOO-lO 100-10 0002i«
67 '^8
67 38
67
2OI2
19''8
2OI4
19%
6214
6238
63%
611a

201a
62'8
6OI4

.

&

27 38
101»i,.

663fe

St.

*Phila. ARead
*Phila. & Read. ,1 St pref.
*Phila,
Read., 2d pref.
Southern Pacific

Tues.

279 6

101^
101%

9900 OOO213

Paul... I2II3
Den.
Rio Gr., com.... 1838
Do
do Preferred 711a
12i«
Erie, common
.S4i«
1st preferred
116i«
Illinois Central
Louisville & Nashville.. 8278
Mo. Kan. & Tex., com
10%
N. Y. Cent'l & Hudson.. 137i«
W. Y. Ontario & West'n 221a
Norfolk
West'n, pref. 72
Northern Pacific, com.. 5338
76 14
Preferred
Pennsylvania
663e
Chic. Mil.

Mon.

913

66 14

9I4

12

26I4
l4ia
3938
1238

551a

56 14

26
I414
39I3

47%
77

21%

66
9

25%
14
38

IH3

48%
77%
21%

55
47 14
77
21

3953

....

.

p
—

^
»
.

.

X•

THE CHKONICLE.

68

—

Imports and Exports for the Week. The following are
the imports at New "Vork for the week ending for dry goods
Jan. 18 and for the week ending for general merchandise
Jan 19 also totals since beginning first week January.

Bonds Held by National Banks.— The following interesting statement furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national
bank depositories on December 31:

—

J

;

V. S,

FOREIGN IMPORTS.
For week.

1900.

Dry Goods

Description of Bonds,

1899.

*2.365,346
7,6;9,667

$2,501,264
5,731,182

$2,335,966
6,995,452

$2,463,479
4.914,070

$10,045,013

$8,232,446

^9,331,418

$7,377,549

Gen'l mer'dlse

*8,333,426
20,781.258

»6,395.925
20,624,871

$7,148,148
18,432,825

$7,150,667
20,834,805

Total 3 weeks..

$29,114,684

$27,020,796

$25,580,973

$27,98.5,472

Gen'l mer'dlee

Total
Since Jan.

1.

Dry Goods

Bonds Held Dec. 31. 1809, to Secut •

Public Deposits

Bank

in Banks.

Oircnlalion.

1897.

1898.

LXX.

[Vol.

1894, due 1904

$9,150,0W

funded 1907..
4 p. ots., 1895, due 1925
3 p. ot8.,'98, due 1908-18
8 per ots. funded 1 891 *

29,943,050
8,767,050
25.315,280
1,847,500
75,000

5 p. ots.,

iper

ots.,

,

3-658 Dist. Col., 1924...

$15,743,10
127.851.550
17,815.750
52,126,820
20,947,350

$24 893.100
157,794.600
26 582.800
77.442,100
22,794,850
75,000

$234,484,570 $309,582,450

$75,097,880

Total.

total Bela

* Redeemable at option of the United States.
The following is a statement of the exports (exclusive of
The foregoing does not include the bonds held in the New
specie) from the port of New York to foreign ports for the
York Sub-Treasury against deposits in banks. There were so
week ending Jan. 22, and from January 1 to date.
held on December 31 $23,912,200 bonds, making the whole
EXPORTS FROM NEW YORK FOR THE WEEK.
amount at that date in possession of the Government as se-

curity for deposits $99,010,080.
1900.

Por the week..

1898.

1899.

Frev. reported

$12,388,442
24,662.380

$9,230,596
25,545,392

Total 3weeke..

$37,048,822

$34,775,988

1897.

»7,781,614
17.884,853

$10,797,269
17,559,358

»28,356,627 $25,666,467

The following table shows the exports and imports of
New York for the week ending Jan. 30
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

specie at the port of

uovernment Revenue and Expenditures.— Through tht•ourtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursemerts for the month of December. From
previous returns we obtain the figures for previous months,
»nd in that manner complete the statement for the twelve
months of the calendar years 1899 and 1898.
receipts and disbursements
NAT.

Navy

Imports.

£xporls.

o

Receipt!
Disburse

Disbnrsf

Great Britain
France

$752,400

Week.

$3,652,400

Since Jan,

$11,392

1.

$17,160

00

X
9

1,820.S4S
1,770,203

ODMH'COjUaO

Week.

1.

$2,132,770
38,710

ODO
ICO

—

$12,534

Wj-

<C(3

"torn -lovj'tc
00 >] CO ex 00 09
CO .1 CO 05 0>

*'i,325

3,526
153,325
4,068

60,993

403

$2,187,884
2,950,990
2,844,628

$72,921
123.989
26,370

$174,053
206,121
240,518

us the following, showing the amounts of national bank notes
Dec. 1, together with
the amounts outstanding Jar«
and
the
increase
or
1,
decrease during the month
also the
changes in legal tenders held for the redemption of bank notes

COKl"-j'io'k'0

to 00

OltD--»-J00

to-"

eji

(^

'T5 »-»

Olp
(DOO
i».

<i
00
en

tSOl
-litw

w
CUM

.«o.»,®

o

1-*

I-*

^^S^
OM
Ol'o o'^
OOO 03 «c ceo

ts«

00
Ol

ooo *. 01 VI

CDOJ^-OtOl-'

CSXOOOi^ib.

-*

OI»

O0.*.«l5

acts

Ol OS OS

oi^o

*•»

9
CO

aoi-QH-«ia»

(30or><kfti->

-

(0

$243,76Q,248
$6,664,770
4,229,495

-00

o

oo-jco"—
-jxoiooosoo
ooTxaoocow

»

1-

ooas

— »» "co
-

ex CO -I*. 00
00 00 .(^ •] •}

toa>

O

o^^

—
M W« .Oieoo
« CO CO 00 «
« 00
O05C0 — coco
o
CO
O Jt^CX :» —

•jot

o

QB

oo

1900*

Amount on deposit to redeem
bank notes Jan. 1, 1900

CTtO

$34,598,346

$3,070,400
1,233.208

nationa)

$36,435,538

$

1,576 641
8,576.458

1,585,551
8,423,433

Nov.

1.

.«

1,577.255
8,303,564

Dec. 1.

Jan.

1.

$
1,551,660
8,214,052

1,523.590
8,124,607
Bed'o'gund.*
•otof 1874. 25,745 344 25,966,971 25,183,111 24.832.634 26.787,341
Total

3.1.8P8.443 35.975.9nf 35063.fl20 34,.'^98,846 36,435.538
1.874. and July 12. 1882.

'Act of June 20,

CO CD c»
^-

CCib.

-J
l(^

MIO

(S

e

-a OI

S"
'a

-a
(0

00

00
at

OCiA.

1

Insolr'ntbks.
Llqnid'g bks.

IDA.

1,837,192

According to the above the amount of legal tenders on deposit Jan. 1 with the Treasurer of the United States to
redeem national bank notes was $36,435,538. The portion of
this deposit made ( ) by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the
first of each of the last five months.

$

09

OIOS

MOWOSCo'cD
OOON)<JCOO

a w OS
—

.••O03S
i^
a'^- OD w" •"»

*Ciron]atlon ot National Gold Banks, not Included in above $81,700.

Oct. 1.

OD-J
OlOl

"-

poop
MOS 00

- oscntocnio
-1
ooo— COOSp*.

—
—
_>(>»— _i(s-pp
-lei*'- — w
b —
OOCDXCOCOCI
— to ex O to
1—
^to
— p*.__<».p
to
rf^-tobioobs —
Oi Ol 00
O
00
(OtSQOOSOSkO
'.D

!».

OS
en
OS
CD

lO.

M-H-

h..

CS CO CO OS CD CO

OSVICDik-IA.
V — »
to
I—
jfcp
*.pp
p
bi
CO - cd'vi'm o
— to — »*-••
ti^

-I lb.

IOCOOCD*.CO

—

CO
00

p osVoo

CO

oolo

•c-aotOM-j
COM — tOCXlO-

—
——
pp.co
p
pp
— « Ol olcCT
bi
OS
•]cO*]S>CCO
«os«oo — CO
—
—
« (aiO''Ai^-3
CD — Mbi«bi
-4COOSCD00OS
ts
OlOS^OO — U
to
—
—
CO
1.-

bi
CO

«©
-j'-jbibi
>ito>c — osoo

O CO ^ 00 -B
O Oi CO
to

to

.<..

C0*.>->>)OCO
.1(0 -oca. CO

A-Jr-O »

OI
.1 -J >- CD *. 00
COCO i<^^ i^

—

r^
pp.o

OSCD- to

to

2,435,275

$246,195,523

Legal Tender Notes—
Amount on deposit to redeem national banl
notes Dec. 1, 1899
Amount deposited during December
Amt. reissued and bank notes retired in Dec..

OS CD CD

lb.

»oi<i

coco
to

o<

«90
tsco
OOD

—

pp

01

0>lS

Vo
>100

te

*>-.00.<l

OSOS

^ro>o

Ol

CO

Ol

Sept, 1.

£,

lb.

COM

wco^'-jo-poj

Depotils by—

B

1899—

CO

Bank yoten—

Amount outstandlnjj Dec. 1. ISP 9..
Amount Issued during December...
Amount retired during December.

«D Ol

— 00 Ol Ol » o
oa> jjoitoio
tote — 05 J' 01

»00
ooo

;

1.

N>

o M
MMOIOIOS
00

OS'S
COQD

WO"

»,-'

Since Jan. 1.

$10,200

"9,723

— cooVse®
u> -i <u
a>
»> CO
o <^
» OI o v>

CnOO

600

1,

a

1

miscellaneous..

1898—

»0

Imports.

"6,681

Amount outstanding Jan.

e

»

«14l,192

Changes in Legal Tenders and National Banknotes to
Jan. 1. —The Comptroller of the Currency has furnished

Vattonal

:
a.

00
CO
CD

if

«29,545!
1,760,146;
725,4351

All other countries.

to Jan.

2.
5"

$5,034,487

Mexico
South America

np

revenue

oa

Since Jan,

1,096,650

o
B

CO

1,325,585

$476,3-7
986,000

Customs

a
a
1898—

:

miscellaneous.

RECEIPTS
Internal

69,928

"9.i37

Total 1900
Total 1899
Total 1898

a

*i

receipts

B

o

E

a.

%

0(0

Germany
West Indies

Internal Customs

Total

DlSBITRSKMENTS

19,-^40

l..S41,t24

$428,530
38.710

Clvlland
Pensions

DISBUR8KMENT9

and

e
e
e

7,550
1,700

Silver

Great Britain
Prance

Indians
Interest

3

44,864

Exp orts.
Week.

30
XI

R1SCKIPT8

"8,903

All other countries.

$1,088,882
168.086
779,545

rt-

War

365,612
4,975
1.006,500
5,000

336'482

Total 1900
Total 1899
Total 1898

o

s.

a
a*
c

aa

Germany
West Indies
Mexico
South America

Navy

Pensions

BK.l

Since Jan. 1

Clvl)

War

Recelpti

Gold
Week.

(000 omitted.)

*>p

p
Vj
OS
CD

Ol
Ol
CO

p

Ol

o

00 lb OS
CO CO '9

CO

^

bio'o
tOOlb

CO

QOto'cO'*

to

00 CO

CO

entoto
• lOHB

»
M
to

p
bi

—

to

p

toeooi

CO
to

— Ol
OS
wo —
•—
CO
— *.*
p
CO
cooo —
*. — CO
OS
00 CO

CO

M
Ol
o
<o

p

posp
«—
» o^os
<i
•J — CD
—
— — to
»p
<[
cxo"to
00
— — C3
CO
Moso
00
•e —
——
OS
00

lO.

1j

"Ibolj

-a
00

OS ex OS
«o

—

-.top
•aoso

Wo
oaiosocx*.

«
o
—
—

—

W

eoitO'M.cDos

ibco-e;i»5
a>^tspita~

— (cexcD
-1— ooo (COO
OS *1 O QD .O O
osun

lb.

to-

Pj-p
"iocooo

—pp

a»ob*»
lO'^lCO

-ItBCO

to —
^Pj4
"«bbiO0<»
06 —
o •OCX CO
lb
to —

lb
<1

00
pp
as<ico«

OD

(OKI OS

(S

•J

to
•1

po
Ol
lb

— 00
(0 —

toosts-i

lb

OCO —
tON

•J
00

CD CO lb
lb -J -J

lb

to

p«

p
CO

— »«•

1
t

—

- *.p
0005—
ibOltS

«OIO
to

1

—

s

pp.oo

-1
(0

ODOM

—bsc«

•J 00 OS

to-

lb

p

OOSM*
•.COO

00 CO lb

lb

(0

ex

OS -J to

—

p ppp
bi*©— *»
toos
ex

p
OD

—

tsto

eoooM
—
O A.
00

cDal^^
tOCX^.'

Deducted from January, "Miscellaneous' 1898
Received from Union Paciflc Railroad purchase 1897-98

1

ts no OS

Ijcow*

ex

10MtOOi

tb
•a

OOib

Hi-

——
p
<C
COCO —
00

— lb to

to CO CO
CO -'Cx

VO oos'ii
— too)
CD-CX
Ol
lb

3

00
OS

eocxo

-JCJI -1

CO

«JCO-=
tOIOCO

5
MOsbl
-lOOOl
ocoos

lb.

p

—

lb

lb

o p*>.p
o —
^
coos
Ol
osto^

CD

CD^OOCOOKJ

'to

CO

00 -cos

Oibs XI 00

lb

p —
O pp
o

to

P.o.-J
bicos)**
CO

»
*.

—
s *o lb— o
<j « o".j
OOCOOOO.!

CO

lb

oVio

OS* OS— bi
•
-loito^x
00.0 ^— -lie
—
—
"lb

-J

—
pp*.

to

p
Ij

a.

3S'

wcx
•

to

aa KQa ^m u«
nn
»o,030,«ui
J
ducted fr im March, "Miscellaneous" 1899
)
«. . 70R<ti4l4,
»ii,<wo,i>i« i»
>
Recplved on account of Central Paciflc Indebtedness
• Deducted fr' m March, "Miscellaneous" 1898,
$3,651,500
Recived from Kansas Paciflc RR. purchase 1897-8
\
)
Deducted from April "Miscellaneous" 1898
$2,661,600
Received fri^m Kansas' Paciflc Railroad purchase 1897-98
t Including payment of $20,000,000 Treaty obligation with Spain.
•

)

D

)

To make the figures conform to the Government statement, the amounts mentioned in above foot-notes should be
added to the Receipts or Disbursements as indicated therein.
We have deducted those items, as they do not belong to the
regular income account, and if included would distarb the
comparison with former and future years.
Treasury Currency Holdings.— The following compilabased on official Government statements indicates the

tion,

currency holdings of the Treasury on the first of October,
November and December, 1899, and January, 1900.

..

January

THE CHRONICLK

27, 1900.J

TBEA8UBT NET HOLDINQS.
Nov.

Oct. 1. '99.

HnlAings in Sub-Treasuries—

Dec.

1. '99.

Jan. 1. 1900

1. '98.

t
»
S
$
254.328,820 262,223,797 3.'i9,744,005 236.909.2S0
10,817,243
10.282,408
9,316,147
5,829,717
1,3^5,929
1,584,600
984,896
1,210.105
16.2ti4,04'l
16,431 051
15.850,116
15,681,850
3,«9W,481
4,00e,2H2
4.275.680
3,640.412
2.992,400
2,379,613
3.187,384
;:.47;,671

net eo)d coin and bullion
Hetsilver coin and bullion
Met U. 8. Treasury notes
NetlBKal-teuder notes
N«tnational bank notes

Mat fractional silver

Total cash in 8ub-Treas'8net.288.343,071 284,533,724
8ii. 060,989
83.183.764
A«onnt In national banks

274,009,619
82,209,601

272,''4a,033

Cash in banks &8Ub-treas...366.62e.835
D»dact other liabilities, 'net.. 78,»31,222
287.696.613
Ac tual cash balance

866,584,663
77.193,123

366,219 220
70,002,780

3flO.14f;,?06

289,391,640

286,216,410

263,695.153

•

87,303,173
76,549,753

—

Coinage by United States Mints. The following statement, kindly furnished us by the Director of the Mint, showfi
the coinage at the mints of the United States dui ing the month
of December and the twelve months of 1899.
Twelve Months 1899

December, 1899.

Denominations.
Value.

Valut

Pieces.

177,090
338,085
103,429
12,063

9
3.541,800
3,3^0,850
517,145
30,158

9
3,679,684 7.^,593,680
2.140,352 21,403,520
3,255.729 16,27H,645
68,375
27,350

Total gold

630,667

7,469,953

9,103,115 111344220

Dollars.
Half dollars

1,120,327

1,120,327

558,327
460.327
3,720,327

279,163

372,033

15.182,846 15,182,H46
8.949,257 4.474,628
15,976,846 3,994,2)2
24,0iJ8,339 «,409,834

5,859 303

1,886,605

61,207,288 26,061,5 20

185,038
170,288

26,029,031
53,600,031

1,901,451

One-cent bronze

3.7C0,777
17,028,777

Total minor

20,729,554

355.326

79,629,062

1 837,451

Total coinage

27,219.529

Double eagles
£agles
Half easrles
Quarter eagles

.

.

Quarter dollars.

..

Dimes

New York City Clearing House Banks.—Statement of
condition for the week ending January 20, ba.sed on
average of daily results. We omit two cipners (00) in all
cases.

BANKS
Banket New York..

Loans.

Capital. Surplus.

Legals.

Specie.

Deposits.

$2,000,0 $1,999,2 $12,816 0$2 830,0 $1,114 ,0$13,033,0
3,781 Oi 22,064,0
2,050,0 2,114,1 17,372, ,0 4,013,0
14,461,0
1,491
Merchants'
2,000,0 1,162,5 12,513: A'' 2,,367,61
9,612,0
1,094
1 439,0
Mechanics'
9,813
2,000,0 2,197.1
21,336,3
1,494
3
18,939:
America
1,500,0 2,814,2
,87'2,0i
4,071,0
184
998,0
4,018 ,0
Phenix
1,000,0
25'A5
4,738 109,277,1
City
1,000,0 4,938,7 81,34'2, 8 29 ,066,1
25,570,1
2,800
Chemical
300,0 6,560, Ij 24,162, 81 5 ,101.'
4,792,7
539
719,8,
4,316 5;
Merchants' Exch'ge
600.0
207,0
6,527,5
678
1
098,4
9
7,914,
Gall tin
1,718,0
1,000,0
1,109,6
39
247,5
101,0
1,066, 7
Butchers'*; Drov'ra'
300,0
2,342,0
201
271,0
2,138,
Mechan1C8'& Trad's'
129,8
400,0
847,2
188
99,3
910, 9,
168,6
Gi een wich
200,0
3,542,6
423
580,8
Leather MannlaCrs
3,671,
505,3
600,0
4,065,2
554
442,0
3,041, 6
Seventh
200,3
300,0
3.416,0
721,
348,2
5'28,0
3,76'2, 9
StHteof NewYork.. 1,200,0
21,343,0
2,138
3, 028,0
Ameiican Exch'Lge 6,000,0 2,6.51,8 27,822,
20,329,3
3,778,8i
3,027
180,6
27,526 9; 2,
Commerce
5,000,0
5,207,9
217
Broadway
5,984, 9| 1, 042,3
1,000,0 1,624,3
12,358,7
880
Mercintile
1,000,0 1,084,8 10,792, 9' 2 ,'244,4
3,194,9
449,
552,7;
4'22,7
2,588, 8i
Pacific
492,2
17,199,4
1,176
Republic
974,1 16,43'2, 2 3, 095,9
1,500,0
6,463,4
980
764,9
6,213, 3
Chatham
450,0
991,3
2,728,7
438
140,1
2,200,
298,4!
People's
200,0
13,3'20,5
901:
Noiih America
633,3 11,949, 7, 2, 233,9
1,000,0
41,931,7
2,185,
Hanover
1,000,0 2,711,9 31,570 511, 471,7:
4,573,0
562,
709,2
4,164,
412,21
Ii'ving
500,0
2,880,0
162,
'2,773, 4
536,2
Citizens'
383,2
600,0
2,813.3
333,
392,2
264,8!
2,504, 7
Nas.'^au
500,0
6,489,6
688,
6,106, 7 1 160,1
Market & Fulton...
900,0 1,017,9
4,070,5
3,61i',
270,
8
846,7;
170,1
Shoe & Leather
1,000,0
18,969,8
2,849,
Corn Exchange
1,400,0 1,731,5; 10,195, 5 2 183,6'
5,777,0
364,
1: 098,3
4,819,
Continental
1,000,0
531,6
2,196,5
398,
210,5;
2,140,
395,6,
Oriental
300,0
23,571.0
1,244,
4 952,0
Importers'&Tra d'rn 1,500,0 5,829,8' 23,604,
46,325,0
2,373,
Paik
2,000,0 3,339,5 35,027, 13 048,0
1.519,7
163,
272,6
1,281,
148,2
East Riier
250,0
22,436,6
1,380,
Fourth
3,000,0 2,171,81 21,626, 6 4 172,6
12,613,0
1,077,
2 653,0
9,094,
534,5!
Central
1,000,0
8,658,0
465,
1 677,0
8,066,
300,0
776,6
Second
2,876,2
206,
509,8
2,666,
172,1
Ninth
750,0
30,990,8
•221,3
1,199,
500,0 7,767,3, 32,855,
First
2,472,6
334,
2,',^55, (I
330,9
300,0
78,1
N. Y.Nat'l Exch'ge.
3,601,0
246,
.^.96,8
3,373.
682,5
250,0
Bowery
3,900,2
340,
680,9
3,058, 9
413,6
200,0
New York County...
3,484,0
6' 2,6
279,
3,379, 2
318,5
German American.
750,0
36,678,5
5,027
Chase
1,000,0 1,.596,7 29,244, 3 5 760,6
9,246,8
442
8,350, 8| 1 793,2
100,0 1,211,5
Fifth Avenue
3,325,7
730,
230,2
2,590, 4
58.5,41
German Exchange..
200,0
4,274,3
2,'
616
403,1
2,802,
200,0
774,6;
Germania
11,339,1
722,
848,21 10,112, 6j 2 057,8
300,0
Lincoln
7,591,7
425,
6,182, 9; 1 612,8
979,1
200,0
Garfield
2,274,7
175:
449,3
2,093, 3
200,0
331,8
Fifth
6,617,9
534,
5,376, 7| 1 302,3
911,6
Bank of the Metrop.
300,0
2,717,0
269
410,0
2,586,
393,3
West Side
200,0
11,600,0
1,912
9,343, 0: 1 179,0
629,5
500,0
Seaboard
34,646,1
1,885
Western
2,100,0 1, '292,8 27,879, ll 8 122,61
4,413,0
754,
490,0,
4,040,
529,6
First Nat'l, B'klyn..
300,0
4'
13,313,6
432
922,5
2
1,200,0 1,301,7 13,023,
Nat. Union Bank
2'22
4,560,5
972,6
4,783, 9
445,9
500.0
Liberty
3,004,9
345
519,8
3,505, 2
329,9
N. Y. Prod. Exch'ge 1,000,0,
4,128,5
376
688,6
3,655, 1
250,0!
397,4
Bk.of N. Amsterdam
3,952,3
447
571,2|
3,668,
191,4
350,0
Astor
1.672,0
360
120,8,
2,198, I'
252,6
500,0
Hide & Leather

Manhattan Co

I

"OhleflTdl^borslne ofBcers' balances."

Fieee$.

159

115.0>-2

|

|

1

1

Total silver

1

i

Five-cent nickel

5d6,000

9,711.884 1.52.939.465 139243191

Reports of Non-Member Uauks. -The following is the
statement of condition of the non-member banks for the
week ending Jan. 20, based on averages of the daily result.
We omit two ciphers COO) in oil cases.
BANKS.

Capi-

(OOi omitted.)

tal.

Nbw

jsfet
Leg. rj -P^PO^^tInvest- Specie. 3cB'k. Clear'g Other Deposits
Notes. Agent. Bks.&c
ments.
'^''tfc

Sur- Loans Jc
plus.

I

youu. City,

borocoh of
Manhattan.

Oolo&i&l
ColaLibla

Kleventh Ward
Fonrteenth Street.
a»nsevoort
Hamilton.

Home.
Mount Morris
Mutual
Nineteenth Ward.
Plasa
SUverslde
State

Twelfth Ward
Twenty-tblrd W'd.
Unloo Square
Torkville

bobodoh of

100,0
300,0
100,0
100,0
200,0
200,0
100,0
250,0
200,0
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0

97,8
198,5
136,7
51,0
16,7
96,6
81,7
53,6
126,2
38,9
145,8
114,5
175,4
86,3
64,6
319,7
168,1

1175,5
24,6
91,2 138,4
2334,0 120,0 104,0 145,0
1159,1
40,3
58,7| 261,4
43,0
1031,2
36,9i 199,2
17,8
41,3
657,7
41,6,
54,tt
1294,4
89,2
94,7
601,9
39,2
49,0
46,2
1823,0
61,0 107,0; 105,0
1346,4
36,6 121,9, 177,6
972,6
29,6 135,4' 224,5
1685,0 137,0 119,0 1'2,3
63,4'
867,9 :i2,3
56,8
2735,0 224,0 112,0 81,0
1161,5
34,3 142,9 114,9
901,9
46,1
90,1
45,7
2074,8
57,6 238,tt 387,0
1572,6
79,0
82,7
80,9

1334,1
5,0 2323,0
138-',0

1233,6
570,2
1387,9
605,7
50,5 2083,0
2,5 1365,4
4,8 1372,5

Brooklyn
BlKhtb Ward
Fifth

Avenue

Kings County
Mwn^faot'rs' Nafl
Meobv.olCB
...
Meob'a' &, Tradr's
Nassau National..
National Oity
North 81de
People's

Sohemierhom
Seventeenth Ward
SpraKQe National..
Twenty-sixth W'd
TTnlon
'

124,1
145,2
164,0
39,2
57,2
59,9
'252,0 461,0
500,0 392,2
100,0 201,7
300,0 584,5
300,0 574,8
100.0 115,1
100,0 127,7
100,0
60,6
100,0
70,9
200,0 225,1
100,0
56,8
100,0
55,8
100,0
43,8
100.0
17,0

150,0
100,0
300,0
100,0
100,0
150,0

Broadway

.Wallabout
German- American.
BollOUGH OF

1071,3
1307,2
1188,1
347,2
575.4
645,8
2426,1
2774,6
899,9
3773,0
2318,0
702,8
748,2
438,8
429,9
1087,7
435,6
293,3
637,7
389,9

16,9
17,0
69,6
12,9
22,8
30,3
253,6
146,3
18,9
182,0
154,0
12,6
33,0
19,8

100,6
105,6
44,o|

20,0
20,8!

22,7
221,0
95,4
55,4

334,0
239,0

4,4

53,1
27,4
28,8
35,0
10,0
26,6
14,1
28,9
21,9

14,6
27,8

2-2,5

9,6

89,5
0,8
7,0

20,6

116,4
164,1
145,6
46,7
50,5
112,3
575,2
151,7
80,9
648,0
471,0
32,8
46,8
53,5
54,8
153,4
70,8
28,1
55,3
75,8

j

7

32,4

177(1,0

185,0
67,4
26,3
16,0

859,7
3191,0
1669,2
995,8
2633,5
1551,3

Brooklyn.

Bedford

'

100,0 1216,0
5 1396,8
8,0 1163,5
288,7
1,0
502,1
7,7
652,5
6
2902,2
2676,3
860,7
27,3
31,0 4244,0
59,0 2757,0
618,0
6,7
727.2
25,3
442,2
50,0
364,2
0,9
944,0
8,5
449,8
1,7
200,4
8,7
637,0
32,6
359,0
1,2

59,422,780,980,2 680,817,2 15260781 62,957,4 765,518,1

Total

Auction Sales.— Bv Messrs. Adrian H Muller
By Messrs. Adrian H. Muller & Son.

& Son

Shares.

Shares.

20 Trust Co. of New York.. 200
500 Yellow Pine Co., com. .. 2>4
90
50 (Celluloid Co
5 United States Trust Co 1640
10 Leather M'l'rsNat. B'k..245>4
216
15 Home Insurance Co
300 Jos. Ladue Gold Min'g &
Dev. Co.,Yuk.,pf .$1 25 p. sh.
350
25 State Trust Co
45 Trust Co.of America.! 96>4-203
Bonds,
I07I3 $500Montauk Club, Brook58 Phoenix Nat. Bank
26
lyn, 2d 5s
15 Metrop. PI Glass Ins. Co.250
12 Kank of Metropolis. .. 425
$200 NY. Athletic Club deb.
110
6s, 190^, M&N
2 N Y.LifeIn8.&TrustCo.l425
50 Mechanics' B'k.of Bklvn.20013 $200 N. Y. Athletic Club 2d
100
5s,1910. A&O
30 Imp &Trader8Nat.B'k.529ifl
40 Bank of America..
455
$11,000 Washington Tract. <fc
9i
Elec. Co. collat. trust 4ifls,
50 Forest Hotel Co
85
1949, J&D
1 8 Fa rm ers' Loan & Tr. Co 1 440
$2,000 Lotos Club 2d mort.
7 Madison (Wis.) Gas &
85
fs. 19u2, J&J
Electric Co
76

112 Central Fire w'rk8Co.,pf. 50
14 Lawyer's Mortgage Ins.
IOOI4I22
Co
69 Bedford Riding Aoad'y. 14
20 Lawyers' Title Ins. Co. .165
120
5 Twelfth Ward Bank
130
10 Dobbs Ferry Bank
93
38 Old Dominion SS. Co.
1 40
20 Pacific Fire Ins. Co
20 Continental Fire Ins. Co.535
27 Am.Exch.Nat.Bk.l87ifl-187%
. . .

,

.

Richmond.
Bank, ul Htaten Isl.
lBtNa'...BtatenIsl
Otukr Cities.
Ist Nat., Jer. City.
Hud. Co. Nat, J. C.
Id Wat.. Jer. City..
idNat., Jer. City..

Hoboken.
Sd Nat., Hoboken.
ISt Nfit.,

25,0
100,u

51,4
79,3

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

786,2
539,3
368,4
212,2
45i',3

95,2

444
653,5

4986,4
'2131,8

1334,5
896,9
1914,5
703,2

15,5

64,6
81,7

7,2

488,5
612,9

5548,7
1886,5
1167,3
84,9 1012,9
8.1 1482,2
169,6 1000,8

149,1 269,5 844,7
83,8
64,3 163,1
81,3
25,6 210,4
26,7
77,3 184,6
99,2
22,3
87,3
38,5
39,6 104,7

Spencer

85,3
93,6

87

&

29

Trask &
BANKERS,

PINE STREET,

Members

N. Y.*
Dec.
Jan.

30..

"

13..
20..

"

6..

Specie,.

$
140,402,9 673.680,4 1434969
1440017
140,402,9 677,797
140,402,9 676,238,1 1452661
140,402,9 680,817,2 1526078
$

Legals.

$

52,682,9
54.994,3
58,763,1
62,957,4

$

740,046,9
748,953,1
749,287,4
765,518,1

16,042,7
16,134,1
16.316,4
16,294,6

11461' 82

10976264
10051761

Bos.*
Jan.
'•

6..

13..

20

Phi
Jan.

6..

13..

20
*

57,651,9 170,978,0 16,785,0
57,651,9 174,146,0 17.272,0
57,651,9 175,535,0 17,352,0
35,345,4 132,491,0
35,345,4 133,560,0
35,345,4 134,627,0

We omit Vwo ciphers

+ Including for

7 988,0 191, 897,"' 5,552,0 144,048,8
8,173.0 193.727,0 5,465,0 141,345,7
8,363,0 193,355,0 5,439,0 135,001,1

39,299,0
41,066,0
42,330,0

152,396,0
154.194,0
156,524,0

5,633,1
5,635,0
5,623,0

96,072,1
88,646,1
94,035,7

in all these figures.

Boston and Philailelphla the item "due to other banks."

Albany

& ^A/'HITE

...
NEWVORR.
SECURITIES
INVESTMENT
Members New York Stock Bxchauge.

$
98 ,902,7

St.

ALEXANDER M. WHITE, JB

BANKERS,

Deposits.'c. Circ'l'n. Clearing*.

$

NEIV YORK.

Office. 7 Stat

Moffat

Loans.

-

INVESTMENT SECURITIESe
Rraneh

N. Y. Stock Exchange

New York City, Bostou & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing GBOROB BAROLAT MOFFAT.
House Banks of New York City, Boston and Philadelphia
Capital &
Swrplus.

-

-

Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
Execute
issues of railroads and other companies.
commission orders and deal in

Totals Jan. 2'i.. 7362,0 8131,0 58929,8 2708,93723,0 7088,2 1204,0 62929,3
loials Jan. 13 . 7362,0 8131,0 59509,3 2884,93804,6 7044,5;1096,1 63831,0
Totals Jan. 6 . 7362,0 8131,0 59133,2 2718,93770,1 6911,1 1015,0 63052,2

Banks.

-

Co.,

No.

I

NASSAU SrUEET,
36

NASSAU STREET, NEW YORK.

FISK

& ROBINSON
BANKERS

INVESTMENT SECURITIES.
ROBINSON.

HABVBT HOWARD

FISK.

GEORGE

Member N.

H.

T. Stock Exchongs.

:

..

THE CHRONICLE.

160

[Vol.

LXX.

To-day's actual rates of exchange were as follows: Bankdays' sterling, 4 84i^@4 M}4; demand, 4 87i^@4 873^;
cables, 4 Sl%@4 88; prime commercial, sixty days, 4 833^(3
4 84; documentary commercial, sixty days, 4 83(@4 83^;
grain for payment, 4 S%%@i 83%; cotton for payment, 4 83
(24 8314 cotton for acceptance, 4 83^@4 84.
Posted rates of leading bankers follow:
ers' sixty

Ol V IDEINDS.
Per

Name of Oompany.

When

Bootes closed.
inclusive.)

(Days

Cent. Payable

:

Railroads (Steam).

Cornwall & Lebanon
Hartford & Conn. Westerp
K. C. St. L. & Cliic.,pf.,guar (qu.)
La. & Mo. River, pref.. euar.

21s Feb.
II4 Feb.

.

& Late

Erie

Bio Grande Junction
Rome Wat. <fe Ogd., guar. (qu.).
Syracuse Geneva&Oorning.{qu
Street Riillways.
Cin. Newport & Covington

Coney Island & Bklyn (quar

)

.

Feb.
Feb.
Feb.
$1 96 Jan.
) 14 Feb.
'^8 Feb.

2
5

Pitts. Cin. Chic. A St. L., pref...

Pittsburg

)

.

North. Ohio Tract. (Akron.O.) pf.
Twin City Rap.Tr. (Minn.), com.
Union St., N. Bedlord. MaBs.(qu.)

Worcester (Mass.) Tract., pref..

Feb.

1

May

1

Jan. 25
Apr. 25

January

to
to
to
to
to
to
to

Feb.

1

May

1

Prime bankers' sterling bUls on London. 4 84ia®4 85
Prime commercial
4 83^®4 84
Documentary commercial
4 83 '©4 h3%
Paris bankers' (francs)

Amsterdam

(guilders)

Bank*.
Pacific (quar.)

5 193e*'S»1938
40i](^®4(i8

bankers

Frankfort or Bremen (reichmarks) b'kersl
* Less iiB-

4 88

516V®516i4
40Bie»4038

94'']6'@ 94ifl

95l5(,'@95»e

Feb. 1
Feb. 1
Feb. 15

New York

—

Ward
Trust Companies.

Twenty-third

Farmers' Loan&Trust (quar.)..
Hamilton, Brooklyn (quar.)
Kings County Brooklyn (quar.)
Nassau, Brooklyn

1

Fire Insurance.
Pheoix

yearlu mnt.e see

TUscellaneoiiw.

Amer.

Diet. Teleg., Phil;*, (qu.)..
Central Oil (quar.)
Chicatro Edison (quar.)
Claflin (H. B.), 1st pref. (quar )

1

1^
2

IH

"
"
2d pref (quar.)..
Consolidated Car Heating;

ii«
l>fl

extra.

&

Demand.

Sixty days.

26.

The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying par, selling $1 00 per $1,000 premium; Charleston,
buying par, selling 1^ premium; New Orleans, bank, $1 GO
Jan. 31 premium; commercial, 75c. discount; Chicago, 30c. per $1,000
premium; St. Louis, 10c. per |1,000 premium; San Francisco,
Jan. 31 i5c. per $100 premium.
3
to
Feb. 1 Jan. 25
Jan. 31
2
to
Ftb. 1 Jan. 24
United States Bonds. Sales of Government bonds at the
2h Feb. 1 Jan. 28 to Feb. 1
Board include $3,0f 3s, couo., at 109Jg to 110}^; $100 do.,
Feb. 1 small bonds,
Feb 1 Jan. 21
to
5
at 110; $1,000 3s,Veg. at 109% to I09i|; $2,000 4s,
Jan. 31
2
to
Feb.
Jan. 26
coup..
1925,
2J« Feb.
at
Feb. 1
1 Jan. 26
to
133X to 134; $10,000, 4s, coup., 1907, at IM^^;
Jan. 31 $7,000 4s. reg., 1907, at 114^4 to lU^i and $20,000 5s, coup.,
3
Feb. 1 Jan. 27
to
at 113%. The following are the daily closing quotations; for
On dem Holders of rec. Jan. 22
piQfi

Feb. 1 Jan 27
2I2 Feb.
1 Jan. 23
11* Feb. 15 Feb. 11
2
Feb.
1 Jan. 21
3
Feb. ) Jan. 24

Lincnln National (quar.)

Erie

Feb. 28
to
Holders of reo. Jan. 31
Holders of rec. Jan. 31
Feb. 14
to
Feb. 4
Feb. 1
to
Jan. 2.'>
Jan. 28
to
Jan. 25
to
Feb. 1
Feb, 21

Feb.

1

West. Transportation..
Hawaiian Coml & Sugar (mthly)
Hudson River Telep. (quar.)..
N. E. Telep & Teleg. (quar.)
Omaha "Water, 1st pret
2d pref
Pennsylvania Coal ((luar.)
Standard Plate Glat-s
U.S. Cast I. Pipe &F ,prff. (qu.)
* Transfer books not closed.

1

2^2
50c.
IJ4
lifl

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
Jau.
Feb.
Feb.

212 Feb.
1
Feb.
d

3

Feb.
Feb.

1% Mar.

15 Holders of rec Feb. 5
Feb. 1
1 Jan. 25
to
1 JaD.S;6
to
Feb. 1
1 Jan. 2^
to
1 Jan. 25
Feb. 1
to
15 *Holdersof rec, Jan. 31
15 *Holdersofrec. Jan. 31
31 Holders of rec, Jan. 26
25 Jan. 21
to
1 H(»lder8 of rec. Jan. 20
Feb. 14
15 Feb. 1
to
10 Holders of rec. Feb. 1
10 HoMeisof reo. Feb. 1
Feb. 1
to
1 Jan. 23
V Jan. 26
Jan. 31
to
Mar. 1
1 Feb. 10
to

foUowina

.set^^nth

Interest
Periods.
reg.
reg.

2s,

38,1918
3s, 1918

coup

38, 1918, small reg.
38. 1918, small, c'p.
reg.
48, 1907

4 s,
4s,
48,
58,
58,

1907
1925
1925
1904
1904

*

This

coup.
reg.

coup.
reg.

is

Jan.

Jan.

Jan.

Jan.

Jan.

Jan,

20.

22.

23.

24.

25.

26.

Q. -Mch. *10^is *102i^ *102l3 -10212 •10212 "102 »»
'10956 '109ifl '109 -109
ti. -Feb. *109% *10P^
C.-Feb. *110i« 11018 *H038 •11014 •109% licit
•>•••
C.-Feb.
C. -Feb. *110
110 *110 *110 •i09i2 •)09i«
*114'-'8
'114
-1141^ '11414 *114
I14111
C\. -Jan.
11434 -II414 *114 •114 •11414
C|. -Jan. '114%
C.-Feb. *13< *K'3 *1.33 •132% 'i:-2% *132%
^|.

-Feb. *J34

Q.-Feb. *112

•134

134
*112

112

•133% •133% 133!^
•112

*112

•112

coup. Q. -Feb. *113i4 *113i4 •II314 *n3i« n33p MI3I4
the price bid at the morning board ; no sale was made.

State and Railroad Bonds.— Sales of State bonds at the
Board are limied to $47,000 Virginia fund debt 2-3s of 1991

WALL STREET, FRIDAY, JAN. 26, 1900.-5 P. M.
The Money Market and Financial Situation. An easy at 853^ to 86.
money market and tlie lowest interest rates of recent
Although somewhat more restricted than last week, the
months did not stimulate any considerable activity in Wall market for railway bonds has been relatively firmer and
Street this week. Reports of successful military operations more active than the stock market,
The investment deby the British forces in Natal, which were cabled from mand noted last week has continued, readily absorbing
London on Thursday, gave no impetus to trade at the Stock fcuch offerings as were made, and prices have generally been
Exchange and failed to impart the buoyancy to the security well maintained, while advances ot % to 1^ points are fremarkets that had been looked for in such an event. To- quently noted in the active list. Flint & Pere Marquette
day's market was the dullest of the week, but only slightly Port Huron 5s were a strong feature, selling up to I08 on
disturbed by news that General Warren had been forced to Wednesday, an advance of 3 points from last week's closing
retire from the position he had gained on Thursday, al- price. Wabash debentures, Series B, advanced over a point.
though the news was accompanied by sales in this market
Stocli and Bond Sales.— The following shows the volume
for foreign account. These facts tend to confirm the theof
business in stocks and bonds on the New York Stock Exory that the present waiting attitude of the markets is in
considerable part a result of the unusual experiences of the change for the past week and since Jan. 1
— Week end. Jan. 26.-^
Sales at
Jan. 1 to Jan. 29.—^
past year in Wall Street and not wholly due to possible de- y. T. StocI: Exch.
1899.
1900.
1899.
1900.

—

.

velopments of the near future in South Africa. It also sug
gests that the strictly speculative element is much less aggressive than it has recently been.
Reflecting easier money markets abroad, the Bank of
England and the Bank of France made another reduction
in discount rates, although at Berlin the Bank rate remains

unchanged.

As noted above in the local market, funds
accumulate and rates for the week have aver-

Governmem bonds
State bond 8
RR. and misc. bonds....

Total

«11.21(;,100

Stocks— No. shares
Par value

Bank shares, par

»43.10O
47.000
11.126,000

1,385,&()0

....$134,848,700

value.

39,777 500

$605,800
196,700
88,876,200

|1.908,440
367.700
128,248,400

$40,490,100
7,432.553
$719,»*1,350
4,500

$39,078,700
8.286.707
$796,878,937
$19,260

$130.5«2.640
21.867.721
$2,117,433,250
$11,750

8547,000
165,fi00

We add the following record of the daily transactions:
U.S.
Week ending
stocks.
Railroad, <tc. State

continue to
Jan. 26, 1900. Shares.
Bond$,
Par value.
Bonds.
Bonds.
aged lower.
160.942
Saturday
$15,454,200
$1,716,000
260,308
fii'.odo
Monday
25.366,800
2.1W9,000
The open market rates for call loans on the Stock Exchange Tuesday
311.579
1.000
30,084.700
2.137,600
191.466
1.000
during the week on stock and bond collaterals have rauged Wednesday
18,608.700
1,223.500
$22,000
20,600
Thursday
229,561
2.3ii2.500
22,537.400
25,000
from 2 to 4 per cent. To-day's rates on call were 2^ to 3 Friday
231,944
9,000
22.796,900
1,527,500
per cent. Prime commercial paper quoted at 4 to 5 per cent
Total
1.385,800
$43100
$134,848,700
$11,126,000
$47,000
The Bank of England weekly statement on Thursday
The sales on the Boston and Philadelphia Exchanges were:
showed an increase in bullion of £7(>4,583, and the percentBoston.
Philadelphia.
age of reserve to liabilities was 44-*J5. against 42-56 last week;
Listed Unlisted Bond
Listed Unlisted Bond
the discount rate was reduced from 4% to 4 per cent. The
sales.
shares
shares.
sales.
shares, shares.
$101,850
5,904
6,36t
$44,000
9,368
10.962
Bank of Frarce shows an increase of 4,650,000 francs in Saturday
9,018
281,050
Monday
11,114
6t.510
.

gold and 150.000 francs in silver.
The New York City Clearing-House banks, in their statement of Jan. 20 showed an increase in the reserve held of
$11,536,000 and a surplus over the required reserve of
$24,185,675, against $16,707,350 the previous week.
1900.

Differen'sfr'm
Prev, week.

1899.
Jan. 21.

Jan. 22.

Inc. 11536000
Ino. 4,057,075

58,072,700
75,407,900
720,351,600
15,439,300
849,074,100
187.073,100
59,889,100
246,962,200
212,268,525

69,022,700
74,271,200
623,470,100
14,593,600
714,472,800
110,647,600
99.245,800
209,893,400
178,618,200

24,185.675 Ino. 7.478.325

34,693,675

31,275,200

Jan. 20
Capital
Surplus

59,422,700
80,980.200
Loans &di8o'nts. 680,817,200
Circulation
16,294,600
Net deposits
765,518,100
Specie
152.607,800
Legal tenders
62,957.400
Reserve held
215,565,200
Legal reserve
191,379,525

_8urplu8 reserve
Note.— Returns

Inc. 4,579,100

Dec.
Inc.

21,800

16230700

Ino 7,341,700
Inc. 4,194,300

1898.

banks appear on page 159
Foreign Exchange.— The foreign exchange market has
been dull, owing to a limited demand. There was no pressure to sell bills and rates have been steady to firm.
of separate

Tuesday

Wednesday
Thursday
Friday.

Total

.

12,000
11.754
10.461
8,722

9,523
6.354
6.951
8,374

54.465
46,310
65.670
28,620

67,849

48.630

303,775

.

.

—

19,720
11,409
10,709
8.352
10,695

16,980
10.192
14,838
14.710
8.512

168.650
188.873
523,000
478.381

70.253

76,194

1,741.804

Railroad and Miscellaneons Stocks. The volume of business in stocks was even smaller than last week and the
market was unusually narrow. The railway list was neglected, transactions in that department being limited
chiefly to a few issues, and changes in quotations were gen
erally unimportant. Prices Avere fractionally lower at the
opening this morning on the unfavorable news from South
A^frica, but held steady through the day.
The local traction stocks were exceptional, Metropolitan
Street Railway covering a range of 8 poiots, Third Avenue
a range of 5}4 points and Brooklyn Rapid Transit a range
of 31/^ points. There was relative activity in Louisville &
Nashville, Missouri Pacific and Southern Pacific, but all
were steady.
American Sugar Refining. American Tobacco and United
States Leather were the active features of the miscellaneous list, and each showed a tendency to weakness. Glucose Sugar and Steel & Wire advanced.

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

.

Jan.

THE CHRONICLE.— STOCK

27, 1900.]

•16

Jan. 22.
•16

19

18% 90
«l
6\H
sm D8H
75M 75i4
70H 7154
68
100

•90

589i
7554

70M

73
58

•1491

98

•43)6

19
60)6
5696
7394
70)6

50

87%
76H
•37« 38H
•16
•46

1«H

SO

*86]4
76?i

88

16
•45

87%
75«
8SH
16
SO

118^ 119^ 118«119^
171« 171>, U7IH 17m
laiH 161J4 il62>i 162H
106%

106?i 107
llSJii

•175

135
180

•10

11

loeji

•118

176

•83H 85
6t
61«

10)6
8194
61)4

104

125
180
1094
8494
6194

108

108

•15
•51

54

519H 4994

•23

38

•22)6

17

17)4

108
17)4

•9

443

15%
6%
43H 43H

43

15H

lJf« 115

'If*
•69

14«
15^
•11

13

•83^ 83^
•16

•41« 43

86

166

166
7)6

•30

•81

34
•68H 60
*US\4 114
13
18
•50^ 53

60%
114
•12

4

•16

17

•11
*8

•15
88)6

88^ 32H
•88H S5

•194

83

810
50

•47
81

194
•47
81

81H
83% 93H

163

166

11^ 13

13%

4

4)4

•90

66
•10

S3

11
33

•53
•10
•33

48H

43J<

•40

48

•14)6
•494

18)4
•11)6
8294

16

•166

13

•15

22)6

•31
•83)4

194

94H

1694

3396
41)8

38)6 83)4

60
11

4296 4394
•40
48
'183)6 185

133

18

183%
13^
85
35

33)4
8596

24)6

71

70

5194
7496

52)4
7496

6094
73)6

2)6

•98

1796

179<

«094

80%

S8

38

*

93
18
51
I

2J%

•83

294

:

51)6

88

38
sales

.

Ask.

CITY.

St * Fnl F—Stock.
35
Istmort 4s 1950... J&J 100
B'way * 7th Ave— Stock. 330
Istmor 6S1004...J&D 104
Idmor 6s 1914.... J*J 110
Con 6s 1948— Sm Stock Bxohl
B'way Surr 1st 6s gu. 1924 117
8d 6slnt as rental. 1905 104
Central Crosstown— stock 386
litM 6s 1932
M*N «IS6
•n Pk N * B RlT—Stock 190
Oonsol 7s 1908
J*D 107

BiMOk

10696

120

Range for year 1899.
On basis of loo-sh're lots

Range for previous year (1898).

Week.

Lowest,

Highest

8

40
102
340
105
113
tst.

118
106
380
180

800
109

116
175

17)6
6994

•14

18)4
«994
15)6

44
•90

19
44
92

44

90

210
60

79%

16%

175
*17

175

33)6

1«)6

Topeka * Santa Fe

.

.

Do

pref

13)6 OhHiago Great Western.

Do

10,702

88
14

12

Do

7)6

82
159

Do

Do

12)4
52)6

•13

Denver

Do

69)6

Lowest.

Do
Do

18

130)6
•59)4

s6)6
60)6

•3
•15

21

12)6
9
4

17

23

84% 84% 83)4 86
191 310
210

•194

•45

50

100
910
888

.

r'nB.&W.,debofs, "A*
Deb. ctfs. "B'

Hocking
Do

114
58

"ioo

3d pref

Valley.
pref.

llUnols Oeulral...

» owa Central

Do

pref.

Kanawha & Michigan...
an. C. P. & (Jnlf tr.rec.
Keokuk & Des Moines
pref.
Ll>o
ake Brie & Western.
Do
pref.
Lake 8h. & Mioh. South.
Long Island
Louisville & Nashville...!
,

, .

.

,

78)6
8196 x78
93)4
Manhattan Blev.,consol
9394 9196
etropoUtan Street
167)6 16994
16896 171
83 25
•24)6 25
Met. West Side El. (Chic.)
75 79
Do
•74
•7594 7794
79
pref.
•1194 12)4 Mexican Central
12
18
12
12)4
•4
4
4)6 Mexican Nat'l tr. roots...
4)6
4)6
4)4
104 111 illO 110 •104 110 Michigan Central
•68
59
Minneapolis & St. Louis..
59
59
68
•90
93
Do
193
98
98
3d pref.
15)6 17 Minn. St. P. A 8. S. Marie.
•15)6 17
•15)4 17
•53
•53
•53
60
Dp
60
60
pref.
•10
•10
9)4 11)6 Mo. Kansas & Texas
11
•38
32
•32
32
Do
83
33
pref.
4296 48)6 Mlssoarl Paolflo
4896 4396
43)4 4394
"40
•39
42 Mobile* Ohio..,
40
40
48
•183)6 185
183)6 185 184 188 Morris* Bssez
Y. Central * Hudson..
133)6
133)4 13394 134
134)6 133
•13
Y.Chlo.* St. Louis...
13)6 •12)4 13)4 •12)4 13)4
80 84
81
Do
•75
1st pref.
78)4 •75
32 85 •32 34 •82 34
Do
3d pref

8096
93>s 84)6
168
16896
2394

81

U«

N

130
312

185
317

New York * Harlem
N Y. Lack. * Western.
N. Y. New Haven & Hart.
2196 31)6 N. Y. Ontario * Western.
Norfolk & Southern
24% 8494 Norfolk * Western
3594
Do
pref.
am 6*%
7096
5196 Nor. Pao. Ry., vot. tr.otfs.
61% 51
Do
pref.
74% 7394 7394
Or.RR.* N.Co. vot.tr.of s
Do pref., vot. tr. otfs.
61
52
Pacific Coast Co
58

130

•212

216
8196 8196 •3194 83

24% 35
70

70

51
73)6

5196
78>6

•51% 52
•83

89

•64)6

86)6

129

129

313

35)4
70)4
51)6
7496

•51
•83
•64

83

89
68
129)612996

*84
1289i

1128)6 128)fl
2)4

7694
81)6
•17
60)6
27)6
i

294

7694

93
18
6094
2794

•76)4
193)6
•17)6
6094
2796

§296

294

294

136
316

•92

18

§1796

51
2794

50
•87

3d

28

pref.,

Bx dlv. and rights.

(Given at poot of

7

*

voting tr

otfs.

31%Dec

4

22 149)6Feb
21 6896Apr
4 100)48ep
3 13896Sep
18 3094JaE
19 103)6Aug

18

2394May 31
114)4Dec
35 Deo
5994Jan
11294Jan
1096Dec
82 Deo
5094Jan
28 J'ne
794Jan

13)6Deo

16%Dec
63 Dec
12)6D:C

Apr

3

794Jan
10 Dec

37%Deo
15)6Dec
36 Mar
70 Jan

Aug
Feb

1,805 142)4Jan

49%Jan

60

May

5

3a0
293

Highett.

86)6Aug

5

22

4496Sep
19

4

52)iNov

18

136%Sep

18 179
4 173

Sep
Sep

May
Mar

3
15

49 Apr 66 J'M
102 Jan 113)6F6)l
23
ev6Feb 18 Av<
18
71)4J'ly
85
89
28 Mar 64
6
30 Apr 33 Not
33
7 Feb 11 J'ly
33
33 Apr 38)6J*ly
83i,Apr 13094 Dm
6
5 140 Apr 166)6
1

7

Dm
Dm
Dm

llSMMar 143)4Dm

6

DM
DM
Dm

7%Dm

5)6Feb

9

5

May 11
84)6 Apr 18
68)6J'ly
6
7.798 128)6Jan 5
343

26

1,565

19
11

Apr 11596DM
11)6DM
25 Apr 43)6DM
8 Dm
5%Oot

96

7)4Mar

10
18

88
82

Bid.

Ask.

Consol. 5s, 1948.. .F&A 116
Sixth A venue— Stock. .... 309
Sou Bouiev 5s 1945.. J&J <113
So Fer 1st 5s 1919. .A*0 «
Third Avenue— ^ee Stock Bxoh
Tarry
58.1928 103

Yonkets St KR 6b
103
S8th * 39th Sta Ist 58. '96 {113
Twenty-Third St— Stock
393
Deb 6s 1906
J*J 106
Union Railway— Stock

118
311
116)6
117
list.

109
107

.

,,

,,,

130
108

"3" Jan
15 May

1

12

Oct
Oct

53

5)6J'n«

18%J'in

Ans

83

Dm

17094 Jan 215

85 Apr 4
88960ct 30
13396Apr 3
269 Mar8fi
29)6Nov 83
83 Nov 84
-7)6Apr 27

40 Jan
59)6Aa8
44 Apr 65)4Dm
90 Oct isOMJan
l25)4Mar 19494DM

6%Sep 13

l)<May
99)6Mar 118 Deo

116
78

Jan 24

Aug

29

99)6Nov 18

37%May
72 May
14% Jan
45)4 Aug

18
18

7%Deo

4%J'ne

%Deo

24 Mar
46 Mar
6)6Mar

3894Deo

78% Deo
7 Mar

10 Apr 14)4 Jan
41 Jan
22 Mar 46>4DM
34 Nov 83)4F«k
58 Aug 28
U87 Nov 24 tl67)6Jan {180
l4494Mar 29 105 Mar 134%Dm
ll96Mar 1696 Jan
1994 Jan 23
73 Feb 76 Jan
85 Oct 21
28 Mar 40>4Jaa
41 Jan 83
S390 Mar 14 1320 Jan 1352 Oot
S138%Marll 1120 Apr 1128 Not
.222 Apr 20 ll78)4Jan 801
28%Mar 87 1896Apr 19%DM
88%Nov 6 60 Nov 66 Jan
3896Aug 83 llXApr laa^DM
74)4Aug 23 48)6Mar 68%Dm
57%Aug 24 18 Feb 44HDM
81%Jan 86 66%Mar 79%S«f
68 Jan 88 SSMJan «lMAag
66%Mar 78 Wot
7794Sep 33
54 Nov 1
3494J'ne 48«8e»
79 Deo 01 J'ne
90 Feb 80
6894NOV 1 67 Nov 69 a«f
t48 Jan 83 11094Mar 188%DM
3 Dec 30
796NOV 28
%Jan
2)4MaT
88 Jan 83 38%Jan 6S%D«t
100 Aug 17
Vt Mar 84SDea
15)6Mar 8896 Jan
25 Jan 84
68)6Apr 4 36 Mar 64 Deo
38)4Mar 22 17940ot 8996 J«n
5 3)6 Apr

30

81
4

2894Mar

Dm

Dm

T All assessU. paid.

—

DM
Jan
DM

70
99

Dm

38

2)6Dec
1
Jan
43 May
SO Feb
15)6Dec
42)4Deo
2,0001 22>4Dec

84 Sep
76)6Bep
90)6Jui
68

Dm

7,363
Jan
1,880
Jan
113 110 Oct 25
800 35)4Jan 6
110 73)4Jan
800
894Jan 34
100 39 Feb 10
9)6Dec le
330 2896Dec 22
91,475 33 Dec 22
100 32 Jan 3
176 Jan 3
11,134 120 Dec 18
ll)6Dec 32
180 66 Mar 7
39 Deo 32
1360 Jan 25
129)6Jan 27
il98 Jan 19
2,555 1896 Jan 3
70 May 15
14',7Vo 1796Mar 17
4,371 ei96Jan 6
14,610 4396Jan 7
2,762 68 Dec 18
33 J'ne 2
0894 J'ne 18

100
1,280
1,060
8,164

68%Dm
78%Dm
79)«Dm

19 210%Sep
7 1 63 Jan 191)6NoT
18 182%Jan 37
80 Mar 114%DM
8 186)6Sep 28
65 Mar 94 Deo
16 185 Sep
1 1148 Jan 170
Nov
7 85)4Mar 27
4%Jan
996Mar
33 56)6Mar 87
22%Jaii 37%All«
4 6496N0V 27
25 Mar
10 108 Deo 1
77)6Mar 87
6 1694 Jan 26
ll)4Mar 19)4Jan
83 49)4 Dec 1
43 Nov 53)i3ep
12 ll%Dec 4
5)4J'ne
9
14 27 Sep
14 J'ne 3094D6O
6
13
8%Jan 6
896Deo
694 Nov
23 58)6Mar 17
4396NOV 5094DM
18 25 Mar 23
1494NOV 30 Deo
3 12594Apr 20
93 Nwv ll4%Feb
7 194)«Oct 30 140 O^t 159 Feb
22 2696Apr 27
10 Apr 31)6DM
22 80 Apr 27
40 Apr 7196Deo
82 3 3% Jan 3
8% Apr 3S%De0
11
8 Nov 28
jAng
3% Deo
SO 17)4Nov 28
Apr
SWAnt
22 16)4 Jan 19
11 Apr
16)4Feb
18 42 Jan 34
29)4Apr 4396Feb
22 22)6Jan 30
16)6Apr 8l96Feb
38 46)6Nov 17 22 May 4196DM
7 98)6Sep
40 Jan
73)6
115 Nov 28 Mar
9 25 Jan
1
30 Mar 28
10 May 17%
6 195 Mar 13 tl22 J'ly 180 J'n*
5 61)4Jan 31
40)4J'ne 60
4
9)60ct 24
3%J'ly
18 3796Sep

45 Dec 33
31,363 63 Mar 6
84.849 85)4Dec 32
34,040 147 Dec 18
68 13)6Augl2

456

F*b

2696DM
85%Mar 126)4DM

89

2 23)6Aag 86
235 1494 J'ne 8 24 Dec 3u
100 60 Jan 16 85 Dec «0
5 208 Jan 24
196)6 Jan

44)6 May

IS

40)4F«fe

31 Oct
68 Oct
35 Mar
25 Mar
63 May
73 Apr
44)6Mar
63 Jan
83)40ct
17)4Mar

640

Second Avenue 8tock.
800 305
Ist mort 5s 1909. .M&N 107)6 108

W P&M

Nov

6

Apr
Jan

lOMApr l«Sl>M
22%Mar 62QDM

32 J'ly
53)6D6C 22 66)4 Sep
2,996 106)6D6a 92 122 Jan 33
1,135 10)4Mar " 1594 Aug 24
545 40 Dec 22 82)4Aug 25
372
794Jan 13 16 Mar 22

Before payment of assmt.

Street Rallwayg.

11
84

S0)4Mar 24
69 May 9
8496Mar 15 89)6May 31
46)4U(>o 18 70 Jan 23
85 Feb 20 91 Nov 29
97 Jan 3 13696NOV 2

consboutive va.qi!^^).—81REET

Bid. Ask.
8tre«it Ratl^yay.
174
Christ'p'r* 10th 8t-8tock 168
Col* 9th Ave 68-Se« Stock Bxobi I8t.
150
136
Dry D B B & Bat— Stock.
118
1st gold 58 1932... J&D §116
Scrip 5b 1916
F&A 104 106
380 400
Bighth Avenne— Stock.
110
108
Scrip 6s 1914
890 410
43d * Qtx St Fer— Stock..
75
65
42d St Man * St N Ave.
Istmort 6s 1910.. M*S 115 117
90
80
Income
1915.
J*J
8d
6s
Lex Av& Pav F 58-S«« Stk Bxchl ISt
195 305
Ninth A venue— Stock..
.

pref

full paid.
296 Peoria Decatur & Kvansv.
Plttsb. Cln. Ohio. * St. L.
Do
98
pref.
1796 Reading, voting tr. otfs.
1st pref., vot. tr otfs.
60)6

93)6

.

1st pref

Do 3d

129% Pennsylvania
Do sub. r cts.

80

t

Do

90
66

76)4 80

Less than 100 shares,

. .

7

Dae 20

61

14
14
1

9

67)6.I'ne 21

ll

& Terre Haute
Do
pref
W.
& Den. C, stamped
Ft.
t. Worth & Rio Orande
Great Northern, pref.

98
167)6
56)6

1st pref

Hvansv.

4 4)6

443

19%Oet 26
48)60ct 26
24%Feb 83
68)6Aug 24
61)6Apr 12
85)6Nov 28
137 Apr 15
59 Nov 29
103 Dec 29

8

43%J'ne 82

1,064 106)6Jan
1,870 157 Jan

245

& Atl

86 May
17 May
5096Jan

31 Jan
113 Dec
165 Deo
141)4Jan
188 Jan
100 Deo
10 91 Feb
170 Jan
800
7)6Jan
1,064 31)4Deo
2,060 42%Jan
230 94 May
800
9 J'ly
920 37)4J'ne
100
5 Oct
1,034 15)6 J'ly
910
49^SeD
1,000 35 Deo

pref

, .

Erie.

33

56)6

8

60

Ft.

800
237
31,895
192
480
45
12,234

Dodge.

,

pref.

18

62
•18

83)4

&

.

400
1,080
2,055

876
750
600

Rio Qrande.

5)4 Dul. So. Shore
Do
1394

53
13
17

&

Des Moines

14

12)6

8)6

& Wheeling.

Delaware * Hudson
el. Lack. & Western.

175
18

•18)6

8)6

47

Do

pref.
L.. .
pref.

pref.
Colorado Mid., rot. tr. otf s.
Do pref. vot. tr. ctf s.
Col. & Sou., listed May 24
44)6
Do
1st pref.
do
Do
15)6
2d pref. do

1296

•3

•15
i33)4

Clev. Lorain

•11
*J1)6
'16
44)6
•90

114)6114% 114

& St.

Clev. Cln. Chlo.

7)6

33)4

59

pref.

Chlo. Terminal Transfer..

1)6
1294

165

166)4 18694

pref.

Chicago Book Isl. ft Pao.
Chlo. St. P. Minn. & Om..

14)6
115)6 114% 116
15)6

214

.

184

Apr 29

14

,

.

106% ibe"

5)4

•16

18

Bid.

I

Shares

4,664
Do
pref
43,039
60)6
14,290
6?)6 Balt.&01ilo,TOt.tr.oertf8.
Do
11,714
7194
pref.
72 Brooklyn Rapid Transit.
178,076
68
BaffaloRooh. & Plttibnrg
98
90
Do
pref
900
91)6 C'lanadlan Paolflo.
49
anada Sonthem
3U0
93
Capital Traction
ll«94 Central of New Jersey . ,
i'eoo
29)6 Chesapeake i Ohio
8,880
121% Chicago Burl. & Qulnoy.
29,007
40 Chicago Consol. Traction.
850
80 Chicago & Bait. Illinois.
200
1996 Atoll.

18)4
'86)6

1394

139-4

194

85)4
7096
5194
7496

50)6

no

of the

pref.

'87)6 89
89
Do 4p.o.debentare8
•75
74)6 76
76
Do 6p.o.pref."A".
40
40
40
Do 4 P.O. pref. "B".
41)6
•15
•15
16
16
Chlo. Indlanap. & LonlsT.
•45
•46
58
48
Do
pref
118)4 Chicago MUw. & St. Paul.
11896 119)4 118
170
172
169)6 172
Do
pref
il68
168 Chicago & North Western.
il63
163

494

16694 16694

90

17

18
5196
28)4

Railway.

NHW YORK

•87)6

118

•1894
•11)4
3is)6

OUTSIDE SECURITIES
atreat

86

5)4

90

•84)6 66
12894 12994
137)4 127)4
2)6
2)6
7694 80
•91)6 94

80
93

Bid and asked prices

13)6

••

11694'

2996
121)6

40
87)6 80
118
124

1294

•43

51% 61)6 58
89
66

18996 130
129»j 12994

•76«4

118%

•494

16)6

815
31)6 33

70

396

1«9*

•63
•10

U

25)4

80
98

•48
'. • • t

12J4

11)4 13
32)6 33)6

1^

56

35« 9S^

•78Jt

•

15)6

7)6
796
3194 8194
69)4 81
1114
11496
'"
12)4 12)4
152)4 52>4
12)6 11)6 12)6
8"
896
4
4
•16
17
17
•31
23
23
•83
85
85

4)6

70>4

13096

11)6

43
90

110
•68)6 60
•90
93

•313

I187^ 187i«

5)6

16)6
5)4
13)4
12
3294

1296

104

136
217

5194

..

696

25
79

75
12
4

•130
•812
32

•88
•63

89

84%

817

89
68

75%

93
24

84% 84%

63M

13)6

8896

7596

165)4 168)4

•75
•33

«51
•88
•64
180

13)4

87%

81

85

17496

13H

87%
7594

79i4

•S8

70)4

•118

210
60

46

60
8196

13H

53W
74H

89
90
194

87

92
184

11694

93

29% 80
8994
123
122H 182)4
"•38

84

114

90

63

3u

59% 59%

85

38^

2994
181)6

89)4

168

•30

•38)<

•813
33

80)6
12296

18)<i

§13
•87)6

•80

•18;^

•48

•45
•90

4cJ94

•40
42
183)6 1^5
134
134)6
•18
18)4

43

•183^ 186
134
134^

94)6

70H

596

•16)6 "17"

ll""

45
98

73
68
98
96
49
93

^?«
71)6

44)4

•90

16W

68

•98
100
9894 9394
•48
50

71)4

6196
5846
7594

596

17

i/o« 1104 104
•58«
58)6 60

58

75%

44)4
•15

896
•3

•104

60H

60%

S8

7494
78)4

19)6

6)6

51
12)6

1894
4^4

7494
7394

AnnDoArbor

19
45

44
43
44)6
15 15)6
16
15
•114
116
115)6 116
173 17~ 174 177
18
18
S1896 1896
68« 69)6 •88 70

9
4

25
79

1994

•16
•48

19

45
30

180

13

16694

19)6

43

13)6

•24
•75

19)6
60)6
5796
7496
71
•46

•16
•48

•5)4

60)i

93
163

1994
61
58)6

596

114

85

46

8

8l^

210

Friday,
Jan. 26.

n

90

•,S

Sales

STOCKS.
N.Y. STOCK EXCH.

10694
120
123
123
176
180 •175 180 •175 180
•10
11
11
11
11
1094 1094 *iO
86
35
36
86
36
39
37
61
60)6
61
60)6 61
60)6
61)6
103 108 §108)4 108)4
108
»108)4 108)4 •104
15
17
17
17
17
17)6
17)6
54
51
53
51)6 51)6
52)6 62H •50
•9
9
•8)6
9
8)6
8)6
*23
23
28
33
23)4
83)6 2896
23)6

175

19

166

19

•4 894

409^
16
16?6 '15
46
46
45)4 45)4
117)6 118% 118
118)6
1170
il89)< 171
170
161
161
159)6 1S9)6
1190
190
106 107
106 106)4
118
183 1183 123

5094 64

ISH 12^
•8« 9
•8

•86)6
75)6
38)6
1696

•41M 43

90

166

16)6 15)6
•115)6 118
176
176)6
•1794 16H
""
6996 6996
14)6 14)6
•194
6)6
»13H 13)6
•11)4 13
•3394 33H

•16

19

•86

9)6

83)t

•16

h;{

iie« 117« 117'i<ill79i
80M 30
30M 29)6
193M 122% 123^ 123H 121)4
39^ 895^ 88)4
•86
90
88H 89>4 •87
•IIB 134 •118 131 •118
13% 18M \3H 13« 13)4
•68)t
•74)<

19
46

93
1169611694 116)6 118

93

93

SA.LB PRIOES.

Wednesday Thursday,
Jan. 24
Jan. 25.

•47
58
<99
100
83)6 9394
49)6 49%

94

93% 93%
48% 48%

»8«
•49
•90

75

16]

1.

Railroad Stocks.

•16

19

44« 45
18% 18%
aoH 61H

•13« 40

LOWEST

iiVD

Tuesday,
Jan 23

Monday,

Saturday,
Jan. 20

Page

(2 pages)

Stock Exchange— A Dailv, Weekly and Yearly Record.

New York
STOOKS-HTOaBST

PRICES

I

Lowest

1b

ex

rights.

RAILWAYS,

dtc.

Bid. Ask
Street RallvFaya.
j^
Union Ry Isi 5s '48.FAA 113 116
Westohest lst68'43..J*J {109 111

BROOKLYN.

Atlan. Ave., Ist 5s..A*0 {107
A*0 115
Con 5a g 1931

109

99
Impt58g 1984
J*J
B. B. &W.B. 58 1933. A*0 101

100

••••••

339
Brooklyn City— Stock.... 837
Consol Sb 1941
J&J 116 117
BiilynCTO88tn58l908.J&J 104
BkmHgtslsl 68 1941A&0 105
tJ'kyn Q Co.* Sub— See St okBx. list.

BUvnRap.Tran.— See

Sto

okBx.

Lift

«

.. ...,...,

.

.
.

THE CHRONICLE-STOCK prices (2 pages)

162

STOOKS—aiOHEfT AYO LOWEST SALE PRICES.
Saturday,
Jan. 20

Monday,
Jan. 22

Tuesday,
Jan. 23.

•39
•82

*39
•82

46

39

88

•89
•83

•6

88

85

6

«

•6

•45

49
17

*45

6

•46
•16

49

47

49

17

16

70

*68

•1694
9

•68

70

•67

70

32% 33

•32

33^

45

•ISH

8«

S3
104

12H
11^
28
28«4

30

53
104

103

16!^

'12H
•80

66^

63
105

108

25
50

68% 64^

64

54

15U

\5% 15%

16

'20
•40

137

187

4796

•20
•40
66

7iH
7H
21H 21h

75H

7596

•7K

'bsji'ssit

18« 19
49
i9H

il37^ 187U

479i
7594

7H
81H
10

4«}<

76
796

796

8196

3196

2196

19

1996

49« 49H

138

28

19

19
60

18H

49
49H
•114 117 •114 117
113 116
113
13
laji
13
1294 13M 13
60
teoM 60U
60H
60H 60i6 60
33«
3394
83?i 33h
3896 34M •3394
•92
93
92}^ 93H
94
94^ 94
28
31
82
33^ 32
38

•145

•145

150

35% 36H
•14X

145<

•6496

55

128
38?i

89
43

28
39
899<

42

J79H 81k

48H

489i

150

'145

36H 38

*72

76

14M

55

4M

28
39
89
43

1496

55

27

39J4
89Hi

3796

81
4896

48

90H »0« 90H
117H 119^
117H119
90

ni4

114
96

28

2994

•7»M 81H

99H

•183
40
146
14

140
40
146
15

40
146

156

•189>6 184
•16
17

•186

189
S3>^ 83
85
85

104M104%
S\H 6196
183

74)4

133

•49H 51
•96

•113

99
115

12894

8294

67

67H

•8H

•80
•66
•79
•96

98

8994

79>4 81H

100

43H

7396

•93
39^6

:oi

•196

43

114M114H
101

40>6

147

1494
*196

43
•189
15
§186

15H
196

43H

134
17
186

•108

61X 52

74
138

74
128

5094

97

99
116
24

111
*33
67

*8«

44

78

fl6

72

79« •78

80
100

•95

•6«
S796

10
3796
92J4

19094
92H
8696 2eH
26^ 26H
110594 10594 S105
10594

5

•5

60
43H

•92
•35

•183

43Vt
9294

40
135

14J4 \iH
•8

9

44
104

44
10494

•58« 67H

48
92

35

132
•14

4694
90V6
11694

40
134

1496

8«
5f<4

88

S2«
174
•47

82^6

S31k

74
49

75
{49

75
49

•3

10

17H 17H

76
•40

76

17k 1896
76% 76

41H

4094

110896 10896

103
'187

>122
•87

21k

137
87!^

123

87

41
1C2

300
187
87

137

il37

h Ohio

Central. .

pref.

U14

1S96

•I7k

19
60

48
*113

115

Wlsoon.Cent. newcwh.ls.)

Do
pref. (when IBS.)
iniscellan'f) Stocks.
Adams Bxpress
merican Car & Foundry

117
13

US

1294

1294

60

Do
60k §60k 60k
pref.
34
American Cotton OH
33k 33
95
§9494 9494
Do
pref.

83>6
•93

32
150

146

31
3196 American District Tel
il47
149
American Bxpress
3894
3996 39% American Ice

, . ,

88J4

38

89
43

89
48

8896

3896
889i

38% Amer.Smeltlng & Refining
il^ 88
88
Do
pref.
41
43 American Steel Hoop

81
49J6
91

•78Ji

95
29

42
81
49

48

81^
60

»0«
i96

29

79k

•m

196

48

42k

99

Amer. Steel

lUk

•93

96
39

10094

8894

(new)

1,733
pref.
Beflnlng. 175,200
pref.

Plate
pref

American Tobacco

999*

3996

4*i"

32

. .

121

113194 18194

16
191

17k

193

16
192

Col.

Do

60
174

il08

9894 100

•113

116
24

•83
994

•30
•66

m

35

68
79k
•95

86
72
80
100

37J4

«38>6

37

2694

53594

44

73

79« 79k

•95

100
•5k 10

I37J4
•9a>6

102

113k 113k
•23
23k
•67H 68
»9k 10

6

68

83
68

10%

1096

10
•80

3694
•98>,

93>6
86

{26

Y.)..

pref.

Detroit City Gas

•60
•16
41V6

^rer.

79

73
79

•95

100

Laclede Gas

10
8694

-»o

pref.

Do

(St. Louis).

pref.

Manhattan Beach Co

National

Biscuit

Do

92k 92k

38k

pref.

•26
2694 National Lead.,,
§10494 10494
Do
pref.
Nat. Linseed Oil, tr. certfs
•5
National Starch
•60
Do
1st pref.

•60

41

Do

44

*36

15
4194

International Paper
iDteruttUODai silver
Kuickeroocker Ice (Chic.)

6k

10

36%

pref.

H.B.ClafllnCo

10%

88

72

79k

100

10494 106

92k 92k 93
35
*35
40
125 185 125

.

Do

100
113
83
68

•88

44

5

'5

40
185

23k

67k

6

10

99

100

*m

66
79
96

105H 105k 105k 105k

41k 42
92k 9254

99
23

111396 11396

15

Do

40

4196

93
40
135

40

92k 92k

•85
•123

40
135

1396 •I3k 149^
1496 15k
14k 14k
8
•8
•8
9
9
896
9
44
44k 43k 43k 43
42k 43
103k 105k 104 104k 104k 105k 103k 104
57
58k 5694 56
58k 56k 55J6 56

North American Co
Ontario Silver
Pacific Mall
eop'rsQas-L.AC.(Chlc.)
Pressed Steel Car

75% 7sk
§48
1596

48
10
35
1796

75k 78%
4nk

540%

no'394 10294

187

200
§125
125
8694 87

Street Itnllwayn.

BUI

Auk

OaLCem Gr.&B'kyulst s
Coney Island & Brooklyn.

111

113
825

lit 5s 1903
J&J 101
6s oertfB lndbtl903.J4,J 101
B'kC.&New 58 '39. J&J {114

ar.St.&New lBt5s'06A&O 104
& Lorlmer St. 1st Os. 108
Kings Co. Bievat.— Stock
Incomes
Bonds
88
Nassau Blec pref
6*1944
A&G 108

108
116

O'p't

90

77

109k
92

4,524

338
8,205
21,481

16%

1696

16

§78

76

40
101

4n96

76k

187

103
200

40

1894
'J6k

123"'
*8ek

S89i:

"420

Do
Do

82,885
2,650

pref.
pref.

» • ells, Fargo * Co
86k Western Union Telegraph
* Bx dlv. of 100 p. c. inbonds.

34
70
32
84

Deo 22 10894Mar
114kDec 23 182 Mar
16 123 Mar
28 105 Apr

13
20 107kMar 146%Aug
20 103 Mar 116 Jan
18 §88 Mar i 98kDM

17

9

O-t 30

Apr 80 70 Oct 27
Mar 17 26 Oct 16

13
3194 Deo 19

63 Apr
15 9996 Aug
Oct 87 42 Jan
Dec 82 330 J'ly

May

85
38

394N0V

9

Mar
12k0ct

80
30

Feb
Jan
Jan

40

43

Sep

60

24
11

25
19

Oot

Apr 130 Sep
794De«
4kJan
8i4De«
SkJan
81 Apr 46 Dee
86%Mar 118 Not
14

6%Jan 6 1796N0V 81
6 Mar 23 10% Apr 87
Dec 18 65 Jan 30
90kDeo 19 laOkApr 8
35

86
111

Jan 14 126

Sep 11

J'ly

4 160

45

Aug
Mar 88
Mar -iV

60

Jan 18

.Ian

||

5

.

Lake

116k

68
110

88

Apr §e8MDM

SSkSep
78kSep

4C%Nov
S^kNov

8%May

6MApr

75kDee
14%Mar 48%Ans
60 Mar llSkDeo
5394Mar

17 §805 Oot
Deo 16 135kSep
Dec 88 98kJan r4

t

Bx 100

p. c.

IliakMy §131%'De!
sakMar OSHAng

stockdlT.

TBxrtgtita.

REFT RAILWAYS,

Ask.
91

y«treet

Itallways.

die

Bid.

Ask

LyunABo8-li(t58'24.J*D {113k 114
107k Metrop W. S. (Chic). —See St.Bx, Lilt.
28
Mlnneap St Ry-Ss 1 9. JAJ {in7k no
sa
New Orleans City Ry
SO
'

Preferred

list.

109
107
§ 85

60968«p

3%Jan lOkAng
Mar 3894 Deo
Aug 106 Dm

J'ly

Old stock,

Prf f erred

St (Chlc)Blev-8tock
JAJ
deb 6b 1928
Loulsv St Ry— 5 p c bonds

6

Dtc

Apr

MAS

Con 58 1932.— SMPhila
Crosst'wn— Ist 5b
Kansas City Bl 6s
Bonds 4s

Nov

66 May

17
83 §80

J'ly

Con 5s 1913
ColumbuB (0)8tRy

Preferred

9096An8
88 Dee

11 6294Apr 4
22 99kFeb 8
18 229kApr 5
8394Jan l53948ep
16 150 Mar 6 112kMar 135HAug
18 70 Apr 26
19 160 Mar 17 106 Mar 140^Dm

67

117

Common

34 J'ly
76%J'ly

1

Apr 20
94kApr 20

9994 Dec 32 181

115

31
100
109

18994Ang

59

1,98a

90
108
20
80

280

Deo

61

7

Bid.

114%

§116 Jaa

85 Sep 11
1896NOV 29

18
19

Street Railways.

n7k

66

S2kMar 8
5160kAu 29
41kSep 8

594J'ne

Cleveland Blectnc Ky....

103

15kMar 153 Not
M*r 38 Aug
38 May 5180 Feb

2

97%Oct 28

64kDec
37%Deo

Ask.
107

CITIB8.
Brldgep Tr-lstSs '23.J&J {105
Buffalo Street Ry— Stock. 100
Ist consol 5s 1931. F&A {116
Deb 88 1933
MAN §118
Chicago City RR~8took.. 275
Citizens' St (Indlanap.) ..
29
Cleveland City Ky
«»k
Cleve Clty-lst 5b '09. J*J

Dec 19

30

gonsbcdtivb VAQva).-~S7

OTHBR

7

2,9.^S

106

Bid.

'^0

85

6896Sep
48 Nov

6kDec 22 37kJan 34
34 Deo 21 87kJan 88

181
135 180
1,627 88

I'as'

7

44kJ'ne

18
12

pref.

United States Rubber

Do

Oct 18
J'ne 19
D«c 22
7294 Dec 33
894 J'ne 20

17kDi;c 19
882 71 Deo 19
60 {45 Deo 26

XJfsgrner Palace Car.,.,

(Otvbn at foot of

Stelnway 1 Bt6s 1 928. J& J

.

United States Bxpress....
Unit. States Flour Milling

lOlH

Less than 100 shares.

Wtroem K-allwaye.
NewWmb'KAKll8lex.4k8
NY& Qua Co 5b 1946. A&O

8,455

1696 United States Leather

1594

36
99

§108k 108M
-187

49
25
36

•7Ek 76

40

200
123k 123k 183 128
86% 86% 86k 87
§

47

49

Dec 18
88kJan 5

81%May

lekDec 19 33%Sep 6
60kDec 19 79 Aug 29
5896Dec 22 66 Apr 28
660
6k8ep 20 15kNov 2

. .

47

83kDM

Jan 30

4,995
1,567

.

49

Feb 25 *97kApr

5

31

4494J'ne 1 61 Aug 14
75 Deo 18 91 Sep 7
746 168 Jan 30 30794Oct 30 xl32Nov 816

8794 8794 §88
88
Do
pref.
188% 189k 188% 188% Pullman Company
2194
2094 8lk
Iron
Steel.
2094
&
Republic
20k
66
66
67
68
66
l>o
pref.
60k 69^6 80k 69k 60k Silver Bullion Certif s.
•8
•894
8M
..^^ ~ tandard Rope * Twine.
8594
82
84
84k 85
Tenn. Coal Iron & RR
Do
pref
•81 k 23k Union Bag & Paper
22
•21k 22k 22
76
75
76
79
75
75
Do
pref.

•47

14^Mar

4496DM
749iDM
„9%Aiw
84MAns

1,46C
1,010

88
189

.

64

3 §119

1096Dec 38
Dec 42

51
30

200 110

N. Y. Air Brake

896
4394

28

3,225
1,600

pref.
stock)

1396

S6%Dm
07kDM

3 73
9 141

31kDec 23 32%Sep 25
ISkMay 34 81 Nov 3
45 Dec 23 59 Aug 38

4kMar

Sdpref.

Now Cent. Coal (new

5896N0V 29
2596Mar 1
8%Mar 80%Dm
18 242 Feb 37 146 Oct 194%Feb
31 39 Apr 4 §12 Aug 35 Sep
35 45 Dec 2
35 Aug 48 Oot
18

Dec 88

43

National Steel

Do

12
7

9 3096Aug 14
7kOct 14 J'ne
l%Jan 17
596 Apr 31
19<NoT
MApr
30kFeb 8 64 Sep 11 17 Mar 88%Dm
298 88 Jan 6 130 Dec 1 66 Aug 90 Dm
800
9MDeo
6k Feb 15 aiMSep 6
4kJ'iy
1,886 163 J'ne 6 333kMar 11 164 Oot 206>iJ'n«
7,416 80 Deo 18 65%Apr 17
1,064 71 Deu 18 108%Auga8
63 Jan 4 101 Aug 18 46 Apr 67 Sep
1,180 9894Jan 18 laOkOct 30
74%Nov 76%Oot
23,710 3994 Dec 18 76 Apr 3
29 Oct 58 Dm
3,855 67 Dec 88 93kApr 3
69940ct 85WDm
760 95kJan 3 133 Nov 87
76 Sep 97 Dm
9,870 37 Deo 19 7694Mar 80
6696Deo TSUDm
486 95 Deo 19 110 Jan 14 107%Dec 10996Deo
128 97 Jan 3 117kJ'ly 18 § 8794 J'ne 9694DM
220 17 Deo 11 68kJan 83
48 Sep 67 Deo
1,880 63kDec 18 95 Jan
5
85 Sep 96 Deo
1,650
9 Deo 18 36 Feb 37
IOC 30 Deo 20 63k Feb 88
6494Deo 67 Dm
70 Nov 14 84 Feb 17
81 Dec 88kDM
'"706 61 Mar
4 86 Dec 6
37kMar 5496Aug
95kJ'ly 18 lOakMay 18 85 Mar 96iiAng
5 Jan 25 39 Apr 35
2 Aug
6MJ<^
410 31 Deo 19 68 Jan 81
8096Aug 68%Dee
896 89 Deo 11 107k Jan 19
94%Aug 106 Deo
960 SakDeo 22 40kJan 20
26kMar 3996Au«
684 lOSkDec 28 115 Jan 81
99 Apr ll4kDec
3 J'ly 13
9%Dm
SkJan 18
SkDec

103^ 103k 108H 103
Brie Telegraph A Teleph.
60% 61k 514 62
6196
6096 51
Federal Steel
74
172%
73
74
734 74
Do
pref.
73k
188 183k 183k 128k 123 123 General Hleotrlo
133
5396 54k
6396
5Sk 661^ 53k 64 Glucose Sugar Refining.

133
68

78

14^,(Oct 30

4',566

Do
pref.
& Hock. Coal & Iron.

ConsoUdated Gas (N.
Continental Tobacco

32k 3194 38
88k §8594 86
108% 104 105k

Apr 100 Dm
Apr 36 Dm
Apr iomdm
2396Mar 4396DM

Jan 33

44kNov24

31
4

May 34 85kApr
7%Dec 23 18 Aug

180 110 Jan
160 594 Deo
1,000 20 Deo
312 74 Dec
61,964 t78kDeo
20 121 Deo
2,280 31kDec
2,825 180 Deo
7,310
9kMay

American Teleg. & Cable.

96

73%ADg26
106

77kDec 18
May 34 4fr96Nov 38
May 13 8e94Sep 14
42,710
Dec 18 78 May 4
700
730

pref.

& Wire

Do
90k 90%
114k 116k American Sugar
112 114
Do

9094
11794

14694
1594

•16
•188

3294

Do

81
49

4896

pref.

Do
pref
Anaconda Copper
148k 149k 160 Brooklyn Union Gas.
16
1696
runsw. Dock&C.Imp't.
16k
1% 1>6 •196 196 Colorado Coal & I. Dev't
43
43
4194 42k
olorado Fuel & Iron ....

46k

85% 84

85

81

2,390
610
4,289
2.396

M:altlng

88k a8H American Tin
Do
81k 81k *80
81k

§l29k 129% {131
198

28

1,378
1,122

pref.

Do

28

33

3

3

9

3,000 30
36 133
7,417 81

pref.

3794

American

6

730

1

6
81

4096Aug

4S 5108 Jan
1,299
1,865

7

19

45

858

....

26

6

1,110
8,995
1,440
1,404
1,450
1,054

88 Asa
SOkMar eSMAsc
SkDec
45 Feb 03 J'M
13 Dec 28MJ>M
6 Mar
9aN0T
52kMar eSKDM
22% Feb 86 Not
8WJan
7HDe.
79Mar 18 Dm
ISHJ'ly 38%D.o

Apr 17 16kJan
Feb 34 107kDeo
80 SlkDec 2
16kMar
IS 844Jan 28
45%Mar
fkDec 18 8%Jan 34
6kMar

70(1

.

28

81J6

8694

.

pref.

.

Jan
36 Jan
17

55,436 87 May
4,880 10 May
6,894 40% Jan
7,375 12kDec
43,068 11 794 Dec
20 Jan
35 Jan
500 38 Jan
36S 118 Jan
60,780 SSkJ'ne
13,350 68kDeo

City Rapid Transit.

•27

90>6

OUTSIDE SECURITIES

,TJU

Do

„

27

* Bid and asked prices; no sales on this day.

lst4Bl(l48

Toledo

27

88
87%
87H 87H 88
U90 190
189
189 189
81
31
81
2Ik 2094 8196 20k
65
85
6S94 68
•65
67
«659i
•6eM 60M •69M eok *59k 60k •5rtk
»^
9
«^
»k •8)^
86« 86)< 8j
86
84
81
8*9<
87J4

25
50

Oct 86

98kJan

pref.

6

191H 191
88
3iH 83

•135

St.

Southern PaollloCo

379<

Jan

18

8%Dec 23 14%Feb
May 13 75kJan
28kDec 83 4 4%Jan
694Jan 4 ISkAug

4,810
4,935

pref.

6

188

85

Do
Paul* Dnluth
Do

6

95
89

•15

43k
92H

Louli Southweitem. .

55

1

64

49<

47^ 47H 48k 46k UDo
nlon Paolflo Ry
Do
75k 7596 74% 75)4
...pref.
7k VXT^abash
„'^ 796 7
31
2lk *2Ck 81 _^ Do
pref.
10^ inv6 J^ 10 Wheeling & L. B., new
52
Do
62M 52k 529t
1 St pref.
26% 37k 27% 27H
Do
2d pref.

•48k 49k

17

!c.6

St.

24

HigheaU

83 May

44 Nov 27
90kNov 27
24
7kDec 1

J'ne

9

Lowest.

3

J

394 'ne

110

i8t pref,
8(1 pref.

Highest.

LXX.

Range for previous year (1898)

4

Jan

38kMay

1,810

8. Fr., Tot. tr. otf

,

•30

49

15

8694

„,

86%Jan
66

100

8d pref

6

294

132
17

Do
Do

yot.tr. ots
lit pref

[Vol.

Lowest.

50
100
4U0

.

pref

Ilk 11% Southern, rotlng tr. otfa..
S3k 53%
Do pref., vot. tr. otf«
1596 1596 'PexaaA Paclflo
11494 1169, A bird Avenue (N. Y.).

40

«1896

e8«101H 9Sk 100
:i3S
136
40
3994 3994 i40
145% 147
146 146
18
16
15k lS9i
•16

104k

3796

„, J*o
St. L. &

Twin

118^ 115k 117H 116k
112
114 4114^

•196
1«
41« 43

102

18:

150

48«

90^
96

196
•88
•80

37^

94>4

80

80
48

•5

44
4494
104!^ 105H
56Vi

80

60

•60
•15

•15

49H

67J6
10

•30

•5H 10
•86H 37

48!^

104M 103

10
44

100

89

'128

3i« 33^4
86« 86H

1496

55
87
39
80

11« 18k
a6k 28k

104J6

1194 11%
64J6 5496
159* 16
116>6 118

n«

73

6«

28

70
33
68

138

Wett«rn.

38k 38% 38
75
Do
«73H 72«
71k 73
14k 14% •14k 1496 §14% 14k American Linseed
54^ 54>6 54k 54k §55
65
Do

3894

•6

496

48

81

J78
1496
6496

6391

116
13
6U
34

145

150

37^

9k

69
38
48

36
60

A

«H St. & a. III.
Do

2S
63

38^ 38H

137

63)4

Do

68^

5294
•27V6

63H

3396
12)^

Rio Grande
J.

1694

68

3396
1194
37Ji
•47

•30
•40

46%
75« 75H
796
796
30H 30%
lOH 10>6

9% lOH

10i«

68%
27^ 9SH

25
50

4696

47i4
-;5%

7H

6896

1196

116H117>,

25
50

1694

103

87%

68Hi

47« 47%

53
104

102

3896
119<

16

42
88

VVi

3796
1196

3796
1196

49

•1594

•6

68

UH

N.

•47

it3^

27H

47

Friday,
Jan. 26.

48^ 40
84
88
e« *8
47
49

6H

37

UOH lie^llS

40

SO

•50

44
85

11«

18

11>6

27H 38^

38M 38H
1196 18
54« 55H
1"

549(

16H

«H

70

•33

88H SE5<
11« 11%
•80
•40

48
17

9H

•3a« 33H
11«
i7H

•60
•lOS

6«

•15«

0^

•68

44
88

Wednesday Thursday,
Jan. 24,
Jan. 25

2.

Range for year 1899.
On basisof loo-sh're lots

Sales
of the
Week.
Shares

STOCKS.
Y. STOCK EXCH.

Page

100

87

North Chicago— Stock..
Ist 5b 1906-16
JAJ
North Jersey St.— Stock.

16
9594

Bonds
No Shore Tr (BoBt)-Com.

110

1179,

70
111

885

.

{i'oe'

39k

31

88
90
20
Preferred
87
85
?roT A Pawt'ok-l8t Ss '33 {113
116
{ Bayer pa.v« aoornnd
inter ast

.

Jan.

THE CHRONICLE —BOND

27, 1900.]

BONDS.

M-N

labama Mid
Albany &Snsq. Se«D&H.
Allegheny Val. SeePeunCo.

Ann

si's

Year

Last Sale.

cqsQ

1899.

Ask Low. High. No. Low.

Bid.

See Sou Ry.
Ist hu g. 1928

Alabama Cent.

Rangt or

High,

* 8t Paul—
M A St P— Ist 78 » g R D.'02
Ist 7s £ gold R D... .1902
1903
l8tC&M78
Chic Mil A St P con 7s.l905

SeeCenofNJ.

I.

A-O
19«o A-O

48. .19»5

ReglBtered

1

Registered

AgSs

94
lOlJg

93
lOCVi

Sale
OOJi Sale

Gen gold 4s series A.

94 H lOSJg

96W 102^
88^
76% 83«
75

799iDec'9u

M-S
Chic &
Atl Av Bklyn imp g 58.. 1934 J-J

1914
1 989
1989
Kenistered
Gen gold 3%s series B. 1 989
1989
Registered
Chic A L Su DIv g 58. .1921
Chic & Mo Rlv DIv 5s. 1926
1910
Chic A Pac DIv 6s
ChlcAPW Istg 58... 1921
1916
D8kAGtSog5s
1924
Far & Sou assu g 68
Ist Hast AD Dtv78...1910
1910
5s
1908
lstIADKxten78

Terminal gold 5b

87M 96H

81% 2V3

80H

61 li Sale

61

16b

Dec'CH

97

1»95 Novt
1895 Novt
1902 J-J

Adjustment g 48
Bqutp trser

83^

l»»o Q-Jt

Art or letg 48

Atch T & S Fegen g

St Lou I8t68..19i5

110

Atlan & Danv See South Ry
Atlan & Yad. See South Ry
Atlanta & Char. See Sou Ry.
Aurtln & N W. See. So Pac.
Creek & S. See Mich Cen
Bat
94M Sale
alt A O prior 1 g 3)^8.1925 J-J
1925 J-J
R«gi8tered
lOQi^
1948 A-Ot
Sale
Oold48
1948 A-Ot
ReglBtered
-J
Sale
3^8.1925
J
99!^
BouthwUivlstg
1925 .1 -J
Registered
MononUlv l8tKUK58.191»
Cen Ohio Rlst eg 4^8 1930 M-S '105
1990 A-O
WVa&Pl8tg58
Beech Creek. See N Y C A H.

108

Jan.'99

94%

99M

9J?6

553

92

100%

iboji

329

94

io2«

9054

685

84h"96H

FA

Bel

A Car.

Booner

110

M

101
116
104
108^
115^^117}^
76 93 104H

.

.

107

111

.

127% 129
126% 130%
100

100

105
111

110

106

105

39 107 111%
44 108% 112

CRIaFAN. SeeBCRAN

Cen Branch U P l8tg48.1948 J-D

91
•118

1945 F-At
Registered
1945 M-N
Consol gold 5s
1945 M-N
Registered
1st pref income g 58 ..1945 Oct.*
1945 Oct.*
58...
Sd pref Income g
Sd pref Income g 5s... 1945 Oct.*
1946 J -J
MANDivlstgSs
Mid Qa A At! Ulv 5s. 1 94 J-J
Mobile DIvlstg 58.... 1946 J -.1
Centof N J-lst conv 78.1902 M-N
1987 J-J
General gold 58
1987 Q-O-t
Registered
Convertible deb 68. .1908 M-N

90

9H
4^

Paciflc

See

Si^>

55i Jan.'()0

J

-J

152

114

Re, Istercd

Qengold4i^s
Registered
Craig Valley Ist g Ss.

RAADiT

•100

95
102

109%
201 113%
112%
112%
10 114

114

<'o

115}^ Sale
1
Sale
8

116%

n5j4

118

118

116%

116%

117

J'ne'99

97%
96%
97% Aug'9y
May'98
95%

244

198t J -J
9»M 99 Jan.'OO
Warm Spr Val Istg 58 1941 M-S
101% Apr'99
Bllz Lex & B S gu g 58.1 902 M-S •101% 102H 101%Jau.'00
Okie A Alton sink f d Us.. 1908 M-N
109 J'ne'99
Lou A Mo Blv Ist 7s .1900 F-A
1039< Oct.'9tf

M-N

1900

96

Registered
General gold 48
ReglBtered

Ul

106% Feb '99

MlBBRIvBlstsfg 68..1912 A-O
Cklc Bur A Q-Con 78 ... 1 908 J-J

<

1901 A-O
Chic A Iowa DIv 58. ... 1 905 F-A
DenvDiv48
1922 F-A
Illinois Div g 3>»8 ,. 1949 )1941- IRegistered
Iowa DIv sink fd 5s... 1919 A-O
Sinking fund 58

11%

Bale

111%

UOH

101
105
102
lu4

102>»

102
114
104

A-O
M-N 110%
M-N
M-S 100
M-S 121%
Debenture 58
1913 W-N '110
HanAStJos con e8...1911 M-S U0%
OllcABIIl. IstBf our 68.1907 r-D 11 3%
SmaU
190 J-D
lstcong6s
1934 A-O
G«n con 1st Ss
1937 M-N 112%
ReglBtered
193 M-N
1919

1927
Registered
1 927
Southwestern DIv 48.. 1921
Convertible 58
1903
. . .

•

J
J

J

KeokADesM

Bid.

15
106
87

98%

Ask.
17

108
t-9%

98
96

18

25
26
88
94

4s
oi..
..

...MAN

122% 188%
117
18696
27 120% 123

a20 1189^184%

112% 118%
137% 187%
a8 186% 138%

i;i%ui%

2

J

J 130
J 128
J
J

A-O
A-O

111%

118 i80V
110
118V
118%128Vi

118% 1293i
118% 188

85

loa
104Ji

1

100% 104

8tLDlvl8tcoltrg4B 1990

108

1990
Registered
Spr A Col Div Ist g 4b 1 940
Val Div Istg 48. 1940

11054

I2i
108
120

120% Jan.'00

HI

Jan.'OO

Nov'99

Sale

113%

113%

113% 116%

110
139

138

138

134

11")

St

LAC

108

• • •

te«

110%
104%

Bid.

SecurltlcB.
>^oroeBter (MaB8jTr-Com

30
105

Preferred

91«v A Pitts. 8u Pens Co.
Ool Mldl'd— lstg2-3-4s.l947

1947
1929

Istg 4s

{104

Aak.
31
106

Gaa

NY

180
116

116
116
106

110%

1069< 109

106
106
117

111%

115

183

103

108

106
118

117% 117%
114
111
124
148
10 11796129
140 lit
140 14tt
lis
110
122
186

114%

112
10 130
132
325 104
10596
96

106>.

8ep.'99

136%
184%

HOW

107%
98%

87%

83

Dec'99

98%

9SVi

Dec'99

109

114%

133% 183%
132% Jan.'00

133

lil

127% 138

92%

94
Oct.'99

106

Oct.'99
J'ue'99
Jan. 00

100
100
9996 99%

Aug'99

120

i2U

103% Oct.'e7
U3%Jan.'00

110

115%

100

99%

115

10294

117% 123

117% Dec '99

103%

140
184

140
128
91
106

Mar'99

106

103
120

99

96%

96%
97
93

1.05%

97H 98

9t-9i

9594

J'ne'99
Jan.'OO

101%

M-N 101%
M-N
M-S
J-J
M-N

95

99% 108%

10,%

98

Sale

99

May'99

83

Nov'99

83

83

104%Aug'98

108

104%

118% J'ne'99
138% J'ly'99

118% 118%
135% 13S%
131

Jan.'00

?6%

86H

26
107

26
107

129

Jan.'OO

66
73
Si

6«96

137%

108% 'l08%

108% Feb '99

'

97
97

99

130

J-J
J - J
F-A

eHH

Sale
7:i%
...
8S-M Bale

3
3

88%

80
17

38

105% 108%
128

132

184%

60% 69

15

70

95% 316

78

73

Securities.

Blec Lt

108

«

929i

ICO
119
10!i%

Do

119
son

1st 5b

78
90

Due An*, e Dae April. dDue Oct

Uait necurltlea.

dtc.
Bid.

ASK

Ht A Pow— N.

preferred

1930

BROOKLYN.

MAN

24% Brooklyn Un Gas—N Y St
iBt oon 6e— N Y Stock
47^
9394 WUUamBburg Gas— Ist 6s
1

t»

SECURITIES

pages).— fi^J<S

Gold 58— See N. Y. Stk.
Y A Bast River Gas—
JAJ
1st 6s 1944
JAJ
Consol 5s 1946
Nor Un Ist 58 1927. .MAN
Standard Gas— Common.

YStk Bxoh

98
115
{101
{115
275
24
N. Amsterdam Gas, Com.
46
Pref
1st oonsol 6s

7 coiTSEOUTivB

N

FORK.

Cent Union Gas Ist 6s
Con Gas (NT)— Stock—
MAN
Deb 5b 1908
Bqnlt Gas
FAA
1st 6b 1899
MAS
Con. 5b 1938
Mutual Gas

106% 10«tt
102% IIOS

'

GaB

—

"44

1938 Qn-J

Registered

Col
Ool

(Given at foot of

NEW

lis
114

J-D

n

139%
109% 117%

112% Jan.'00
103% Nov'98
107 Dec '99

146K

108
20 108
9 106

129% Jan.'OO

108

O*81stMCCOAI7s.l901 A-O
103
OIndA Wlstpf 5s... 1938
8(>%
111%
Peo A Bast 1st oon 4s. 1940
26%
1990 Apr
105
Income 4s.
151% ILorA Whoon 1st 68.1938 A-O 106%
113
J1«T A Marietta. See Pa RR.
124
(JlDT A Mahon Val g 6s.. 1938 J -J

120

148
1

130

140

tl

125

Jan.'OO

112

Sale

cons 6s.. 1920
1936 y-Fb
Istg 48
Fb
1936
Keglstered
J • 113
Oln 8 A CI oon Istg 6s.l928
C C D A I consol 7s ...1914 i-P
1914
J-D
Consol sf 7s
9en oo&sol gold 6i. .1934 J -J •128
1934 J -J
Registered

105
106
101% 105

my
100

lll%J'ne'«9
100 Apr'99

.

WW

11591118%
103% 107
1059i 113%

11896 Sep.'99
103 Jan. 00
111
111?^ 110%

102

116% 118k ClnSAC. SeeCCCAStL.
90Ji 979i City & S Ry Bait 1 st g 58 922
92% 97% Clearfield A Mah. See BRAP.

104%

4

181
128

98% May'99
114

122%
121%
93
112% Chic Ter Transfer g 48. .1947 J-J
116% Ch A WestI Istsf g68..1919 M-N •1C5

25 too

Aug'OO

130
127

96
83

133% Sale
Ch St P A MIn 1st 68. .1 918 H-N 132
14j
Nor Wisconsin 1 st 68.. 1 930 J-J
StPASCitylstg63..1919 A-O 128%

112

117Jg

121
126

AN

95
102

113
100
105

.Tan.'lO

Nov'99

179V

161

106% Nov'99

•J

83
92

112

10596

105$^ Sale

1905 J -J
1905 J -J
Ist 5s. .1923

Sale

1923
Small
Ohio St, St L See Atch T A S Ft
O. Se« 111 Cent.
Chic St L
Chic St L A Pitts. See Pa Co.
Chic St P M A O con 6s. .1 930 J -D

CI

....
....

OUTSIDE SECURITIES

West Clhioa«ro
Oon 1936

113

-J

I

Un'd TrAHleo(Prov)-8t'k

113

160% 179%
174%
118%
108% lliij

lb 160
6 115

11796
121}^ 11796
117
Dec '99
119
119
1 1 9
Sale
119% 121 119% Jan.'OO
110% Jan.'OO
•
11391
132
137% J'ly'99

J -J

1917
1917
1988
1988

lst2%8

7%

'

I

167%

109% Jan.'OO
105% Feb '98

A Sou Istg 4s
107
Chio A Ind C Ry Ist 5s 1936 J -J 105
lOi
A 9th Av. See Met St Ry.
lolum A Greenv. See 80 Ry.
Ctaioago A Brie. See Brie.
Ch In AL'juis— Refg 68.1947
104 119%! Col A H Val. See Hock Val.
100
112
112
Refunding g Ss
92 108%! Ool Conn A Term. See NAW
194
116
100 Dec '99
LouIbtN AAChl8t68..'10j -J 112%
US 113 Conn A fas Rlvs iBt g 4* '4» A- O'
113
118
•He price Friday; latest bid and asked UU week. tBoadadaeJolr. * Due Nor. Due June. IDueJan. lOaeMay. aOptlMS«l«fc

Rooheoter Ry
Con 58 1930
AAO
2d 58 1933
JAD
^O aide Bl (Chic)- Stock.
ByracuseRap.Tr.. 6b, 1946
Union Trao (Chic) Com.
Preferred
United Rys (St L)—Com.
Preferred

166%

.

Extension 48

103% 107%
106% 106%

.

ireei Railways.

161% 178

J-J 117%
J-J •-l'<<%

ClAkACeqA2dg68.. 1930 F-A
101% 108
C C C A St L— Gen g 4s 19H3 J-D
100
100
Cairo DIv 1st gold 48.1939 J -J
01i>W&MDlvlstg4i.l991 J-J
101
101%

lOlH Jau.'OO

101J6,

8d cone 48

4s

116

932
D •115
General gold 6b
"lO 98" i02% Chic AWest Mich Ry 5s.l921 f D
1921
Coupons off.
87M 1054
ChocOkiaAGgen g 5s. 191« J-J (( •103
1905
A-O 112
ClnHADcon8t78
19.37 J-J •107
2dgold4%8
1 114% 119%
123
5 118
Cln D A I Ist gu g 5s. ..1941 M-N 113
3.) lis
121
ClStLAC. SeeCCCAStL.

101" iVi'l"
KOJi Jan.'OO

101

io:j

l8tcoug4sl989 J-J

Netraska Bxten 48.

Jan.'OO

1

1911 A-OH
1939 iM-N *115«
1939 M-N
1992 M-S
97% dale
1992 M-S
.1940
J

2d 78

bo..;.

15

V

J'ly'98
Sep.'99
121

113

1

lstcong58

Jan.'OO

167

1913

93%

84% 100%
97« 975«
30
44%

4%

ASav

Gold 6b

J-JS 110
Q-JJ
J-J!
J-JI

De8MAFtDlBt48...1905

J'ne'>S9

119%
117% 117i<<
112% Mar'9W

'114

93

5s.'20

Pac

J-J
J-J U3H

167
,

167%
167% Sae

ExtAlmpsfg58...1929 F-A 124% 126H 126
140 Dec'99
140% Dec'99
106% Feb '97

116% 122

Dec '99

Sale
Sale

117^

istg 7s...l936 J -J
Ches A Ohio— G 6s ser A.l 908 A-Ot
Charles

6

95
102
98
110

108
121

J-J
Leh A W B C con as 78.1900 Q-Mlt
1912 M-N
58

Cent

11

34H

85

Jan.'OO
Jan.'00

90%
89?i
979i Oct.'99
35 Jan.'00
lOM Jan.'00

Bale

.

gug

Rtieii

120

.

Am Dock & Imp Co 5s.l921
LeAHud

87% Jan.'00

90

88

A O.

CenRR A B of Gar-Col g 58'37 M-N
Cent of Ga Ry— 1st g 58. 1 945 F-At

.

1671^;

Mich DIv 1st gold 6s 1924 J-J 137H ...
Ashland Div 1 st g 68 1 925 M-S 13S%...
Convertible deb 58 .. 1 907 F-A
,..1911 .M-N '116
Incomes
Chicago Rock Island A Pac

See 111 Cen.
Car Cent. See Seab & Roan.
Carthage A Ad. SeeNYCAH.

.

167%

.1910

.

.

117%
110% 110%

Carb A Shawn.

See Bait

Low. High. No. Low. High

Asfc.

. . .

,

Central Ohio.

J -J
J -J
J -J

Tear
1899.

Last Sale.

. .

106
A-O
104% 105
103
lOS Jan.'OO
BkQCoAScongugSs. .'41 M-N
Bk City Ist con 58.1916. '41 J-J *115 117 116 Nov'99
97
9eM Bale
Bklyn UnBl Ist g 4-581950 F-A
95H
Bklyn A Montauk. SeeLIsl.
1938
48..
J-J
-Brans A West Ist g
Buff N Y A Erie. See Erie.
1937 M-S '110
llOM llOH
BnffRAPgen g 58
1 947 J-J
Debenture 68
182« 103 Apr '97
CI A Mah Ist gu g 58. 1 943 J -J
128 129 J'ne'99
RoohAPlttBl8tg6s..l921 F-A
1922 J-D •1S4
Consol Ist 6
126M N0T'9P
Buff A Southwest. See Brie.
100 Nov'99
BaffASusq lstgold58..1913 A-O
1913 A-O
Registered
1906
J-D
107%.
107^ 107K
BurCRANl8t58
115 Jan.'00
Con Ist A col trg 5s.... 1934 A-O 115
1934 A-O
110% Feb '99
Registered
105 Jan.'99
CRIF&N Wl8tg58.1921 A-O
MAStLl8tgug7s....l927 J-D
lBt5s...l908
107
Bale
J -J
106% 107
Canada South
1913 M-S 109 109« 10794 109«
2d58
1913 M-S
Jan '97
106
Registered

1945

Bklyn Rap Trg 58

Bid.

Rangt

Is

118 Jan.'00
J-D 118
J-D 11896120 126 J'ly'99
Chicago A ^orthwette?n—
1915 Q-F 142% 146% 142 Dec '99
Consol 78
ilO
110
1902 J-D 10996....
Gold 78
110
110
1902 J-D 10996-...
Registered
108% 109
Extension 48. .1886-1926 F-A >109 110
106%Feb'99
Registered.... 1886-1926 F-A
108
108
>0t-9s
1987 M-N
Gen Gold 3%8
103 Nov'98
1987 Q-N
Registered
120
Sep.'99
121
1879-lwii9
A-O
Sinking fund 6s.
116 J'ne'99
117
Registered.... 1879-1 929 A-O
109 Jan.'00
109
Sinking fund 5S..1879-1929 A-O 108
10694 Mar'99
.1879-1929 A-O
Registered
108 Jau.'00
25-year debenture 5s. .1900 M-N 108
Dec'9e
105
1909 M-N
Registered
117 Nov'99
30-year debenture 5s.. 1921 A-O 116
11794 Feb '98
1921 A-O
Registered
123
11896 Jan.'OO
Sinking fund deb 5s ... 1933 M-N 120
119%Dec'98
123
1933 M-N
Registered
Des Mo A Minn Ist 78.1907 F-A
10794 May'98
Kscan A L Sup 1st 6s.. 1901 J-J
103 Nov'99
Iowa Midland 1 st Ss. 1 900 A-O
117% Feb '99
1905 M-S
MilA Mad Ist 6b
114 Aug'99
111
....
North Illinois Ist 58.. .1910 M-S
OttCF&StPl8t5s..l909 M-8 •109 .... 110 Nov'99
120 Jau.'00
128
Winona A St Pet 2d 7b 1907 M-N •
MllLSAWlstg68...1921 M-N 138 140 13694 Dec '99
li6

M L 68.

A No Ist
Ist consol 68

See Illinois Cent..
K A T.
Bridge. See

•way A 7th At. SeeMetSRy

Week
Range or

Price
Friday,
Jan. 2«.

8'S

mn

108H 112

J'ne'99

. .

163

1,

126% 128% 12M%Dec'99
110% 110%
109%
106 Jan.'OO
J 167%
118 Nov'9»
l8tLaCro88eAD58..1919 J-J 117%
112% Dec '99
Mineral Point DIv 58..1910 J-J 110%
119
119%
Ist So Minn DIv •s.... 1910 J-J 119
120% Sep.'99
Ist Southwest DIv 68..1909 J-J
Jan.'00
J19
117%
11796
Wis AMInn DIvg 58..1921 J-J
Mil

111

Page

(5 pages)

Chic Milwaukee

102^

98

J"ne'99

101

PRICES

BONDS.
N.Y. STOCK EXCHANGE
Week Ending Jan. 26.

Range

Week'i

Price
Briday,
Jan, 26.

8"§

N.Y.8TOCK EXCHANGE
Wbbk Endino Jan. 26.

Am Dock*

—

N

J

.

OTHER CITIES.
Baltimore Consoildst
Bay

State

Gas—

Be eBalt. Ltr
19i

Boston UnitedGas Bonds- -Bosto

nliisi

tPrtoe p»t sh

ares

6% 7
Buffalo City Gas— Stock..
75
i 78
1st 58 Bonds
Ohloago Gas- See N Y Sto ok Bz Ob.
103
Clcaro Gas Co Ist 68
'194%
^inolnnatl Gas A Coke... 193%
{And

interest

— —

—

1 .

THE CHRONICLE-BOND

164

Price
Friday,
Jan. 26.

BONDS.
N.Y. STOCK EXCHANGE
Week Ending Jan. 26.

Week's

Range

Range or

Year

Lust Sale.

)899.

N.Y.

Horn«& BiMex

MA

lit 7i. 1914

1871-1901
1915
litoon gnai 7s
1915
RosrlBtered
lit 6i.. 1931
Y Lack
1923
Oonitrootlon 5i
19-43
Term & Impt 4i
1900
Warren ad 7i
De)awarec& Hadson
1917
litPa DlT7i
1917
Beglit9red
A.lb A B is litoon gn 7il906
1906
Reglitered
7i

I4'i

8aie
Sale
...

.

JJ

186H

-

lit7«.

Jan.'OO

140
138

Ocu'W-

108

120

131

M
W

A

146

148

12()H

i20H

132
116
113

1S2

164
141

I60H 154

103

....

99>i Sale

Jl

J
J

104

M-N

107

BnlBedW AS

J-

Sale

110
78

;7

A1937 A-

....

BitTYaAGa. Se«.8oR7.
Jol A HI Ist g 58. 1941
UiLexABS. SeeCAO.
Km Cort A No. SeeLehANY.
1947
rie lit ext g 4i
. .

•dextgoid 6i

1919

W

I

.

&eglit«red

-

Y8&W-litref

.

&

104

107M 108

Jan.'00

88
105

M
M
A-

J

77
112

112

M

llOM 110

I07«

104M111

130
115
180
107

...

143

•138
135
135

146

U9H Jan.'00
140
143
189
140

25

142

Dec
Feb

135

'98

•106

i>i

M

'99

114%

10«
114

Dec'99

105^

109

Oot.'9t?

140
106

115

".'.'.'.[

95
96

'

90H

90%

6):9^

70

110

83

I

Sa A Ala Ry

lit pf g 58.1945
1945
let couBOl g 5i
OaOar A No lit ga g 58.1929
fteorgla Paclflo. See 8o Ry.
eUa V A Nor. See 8o PacCo.
Grand Rap A Ind. See Pa Co.

140

Sale

108

108

106

'116

131

iieH

•120

124

86
127

Sale

I0r9i

107^

W

lit BO d 4*

1951
1951
1951
1951

Reglitered
lit gold

9^1

Reglitered
lit gold 3siterlliig....1951
Reglitered
1951
1952
Ooll Trait gold 4i
1962
Reglitered
LNOATexgold 4i .1063
19S3
Reglitered

*Ko price Friday

30

95

Preferred
IsiSs 1933

Bia.

rli irit.

H A L (K Btoria) So.
Col Gas L A Heat— Com..

i

98

107

113k

95
108

102k
lllk

116

133

NOT'97
Dec'9H

181k

18'5'

io;k

100

120

120

102H

102^

105
'101

96«

.7

".7

'99

Jan.'OO

!•••••

98

••

Bonds Ss
Oonsum Gai

103^

106

108

16

101

Mar'99

100

101

38

104

103

Jan.'00

106

106

Deo'9^

95

98

9P«

37

100

lit8i

(J

City)— Stk

MAN

a^s- See N Y Bxo
Biiex A Hudson Gas

Detroit

Dec'9to

Dec'99

130
136
100

OS

100

ibek Aag'99

95
13S|t.

U6

109
•• etcf •«

104k

10«Jt.

iia'i'

Hi"

i*9*i*

104

8ep.'99

104

104

«0

i.>ot'9>-

104

108

106

106

109
124
93
62

108

108
131

15
3

Jan.'OO

"8

87
65

112k 114

111

11»M

16

lOJ

68^

7U

91
6n

'

Feb bt

108
130

19'

91k
60^

Sale

103
101

Sale

99H

9956

104

105
100

116

113V« J'ly'99

72

103H10«

60M

68k

1

04k 108

119

19«M97S06
117

58N 7B

87k

Jan.'OO

H3k

105

100

nec'99

104H

Jan.'9tf

lO'^H Jan.'OO
98 Jan.'OO

106

40

M-e

... AtatM
..... •>,•••

97k

118
98

120

94

96

95

100

98
101

iiun Securltlee.
Wayne tlnd)- 8to;k
1st 6b 1925
JAJ

Fort

BwayA7thATlitog6i.l943
1943
C<olA9thATlitgng5i.l993
1993
Reglitered
tei At A P F lit gu g 5i.'93

Met

Bid

iBt 58 1915
FAA
Hartford (Ct) Gas L... 25
Indiana NHtAIUGas- Stk
1st 6s 1908
..
MAN

Indianapolis
1st 6a 1920

Gas— Stock.

43
•

I

f

•••

19«M

Jan.'00

120

Jan.'OO
Jan.'OC

94
^8

101
101

NoT'99

101

101

87k NoT'99

95

100
107

110
100
95

8'« ,2P*
100

100
107

Jan.'99
Jan.>99

107

...ft,. t,.,««

100k Apr'99
67

8-k 68k
8

8

'

Jan.'OO

106
13)

115k 117

100k I'^ii
35

68

8

'106

60

79

6

10

NOT'9'

Dec'99

130M 18i>i

121k
lllk I'lk
115k Dec '99
109k NoT'99

117

IM

111

114

Dec'99

124

100)i
194

Dec '99

61
108

lOS

J'ly'«9

111

124
66
108

116k 1>1
107

Oct.'09

109k<^ct.'P9
107m, Jan.'00

48

98

98k

14

111

Dec'99

97
08

96k

97
Jan.'98
Oct.'99

109

Mar'98

104

104k

a

94M

lOr'

9«

101

111
114M
lOCk 110
107k lOSJi
106k 110k

107
107k Jan. 00

107

109k Dec>99

67M

106k 101
106k UOj

»9k

9»k

1

"aaiitered
S HI. See "Unlisted

W

I

F-A

98

61

91

90

08

08M

9S

118K

191M
lOOM 109K
114

115

Lid
102k 8ep.'99

Due January.

1

44
65
106
105
, ,

39
60

100
106
MAN 105 108
Laolede Gas- N Y Stock Bxob.
Lafayette (lud) Gas— Stk
40
lit 6s 1924
MAN 80 46k
66

Gaa

^:^ecurltlea.

JAD
Ist 68 1925
Madison (Wis) Gas— Stok
AAO
1st 6b 1926
Ohio A Indiana— Stock

Ask.

70

39
bO
8J

ao7

46
37
e6
JAD 60
iBt 68 1926
Peoples Gas A Coke— N Y Stock Bxoh
Philadelphia Co— See Bob ton L 1st.
41
88
St Joseph (Mo)
96
JAJ { 94
58 1937
64
60
Stock
St Paul Gaa—
68
ConsolSi 1944 ....MAS i
11« isk
Syraouae Gaa— Btook
.

.

130

119

94 114
118
1

120
119

194

19BM

193k 1S7

12Sk Dec'99
123" Jan."'bo

us" iwii

Dae Ottobar. IDn* J«l7. « Oyttoaal.

Bid.

Loganspt* Wab Val— Stk

U9k

llt.% Sale

J-D •U8k
J-D
M-S 193
M-S
M-S 193
M-S

oonseoutivb pages).— GAS

Auk.

,

101)*^

95

M-N

Metropolitan El. See Man Ry.
let St Ry gen tr g 5i. .1997

107

7

99M

101k8ep.'99

W

107

(Givkn at foot of

91k 93

'99

<Cir'ptABV. SeePMoK&Y

1049i 104$<

100

---,

• «

'

4ki....l931

10

look 110
k»tt
108H

113

1930 J -J

. .

Feb

98

BPtiattanRy oon 4i. 1990 A-O
104
1990 A-O
Reglrercd
VetropolBllstg6i. .1908 J-J '114k 116
1899 M-N
SdSi
Colonic g Si ... 1 934 J-D
4an 8
Market etc Ry Iitg6i.l913 J -J

...

30k

66
113

M-8
M-S
A-O
A O

iis)
105k;ii»H
107k.-'-

NOT'99
I08« NoT'99
110 Dec'99
109k Oct.'99
103J< NoT'99

'»

ibsk ib7K

100

loejf,

Ang'9&

110

113

ANAMAMlitg4kB.1945 M-S 107k
NFlaAaistgngSi .1937 F-A •108k
1987 J -J
97
Kentucky Cent g 4i

107X 116%

81

106

113

-J
-J

I

105k 107k
97k 104k

1(jO

100

110k 106k Dec'99

'

108

'

ili^.ian.'OO
104

A-«

1907

Reglitered

Ask.
100

'107

l«k \»IH
losk lis

119V Jan.'OO

....

1930 J-D •115k
General gold 8b
Peniaoola dlT gold 81.1930 M-S 109
1931 M-B
litg
Si
BtLdlT
60
1980 M-e
2dg3i
1900 J-J
Kaih ADeolit7i
9lDkfd(SAA)B 81.. ..1910 A-O
5* N Aoongug5i....l936 F-A 107 110
1937
107
Sold 5i
1940 J-J
amtled g 4i
('9k Sale
1940 J J
95
Reglitered
Col tr 5-80 g4i ... 1908-18 A-O
98k
rem A Atl lit gu g 61. 1931 F-A '113 118
1931 M-N 107
roll trust g 5
110

98M 103k

NoT'SH
108 Nov'99
103HiApr.'9b

104

103

112

BH ANaih litg 6i...l919 J-D

LOIoALexg

t

86

124
136
100

L A Jeff Bge Co gag 4i. 1945 M-P
L « A A C. See C I A L.
LiuiiRyCo litoon g6i.l930 J-J
Se« L S A M 8.
I abon Coal.

18

S'.04
h. liiu

19m.

.,,,1980 J -J

.

99^

I

1914

Sdgold8i

99W lOSk

99H

J

A NasDTille

NOAMlitgar

110
101

68
60

16
81

111
106

123

H9k....

-J

J-J
A-O

i94o

Ceoel Br 7i

• •

1039^

117k ISt
23 lOOH 107

105
Mar'9>'
74ai
^'^i
58^ jAn.'00

'?4

103
•103

•

63k B4k
86k 87k Grand Rapids— dtook

Pref

May'99
Dec '99

95

AN

LoQiNvlllH

..

•1C5
•

S3 100k 107k

38
60
100
1103

JAJ {108

'lonsolld Gai«(N J)— Stok
1st 6s 19bn
JAJ
Oonsol Gas (Pitts)

106U

193
95

'.'.'.'.'.

68k

General gold 4s
1938
Ferry 1st gold 4ki.... 1932
Gold 4
1933 J-1
Debenture gold 61. .... 1 984 J -I>
Vi ifled g 48
1949 M-8
NYARBlitg6
1927
IN Y B A M B oon g 6i.. 1935 A-O
BklynAMon lit g6i. 1911 nlitSi
1911
Nor Bh b 1 itoon g gn 5i ..'32 y-O
Mo
RlT.
See
Ohl
La A
A Alt.
L K A 8t L Con on g 6i Tt oerti
General gold 4i
l»43 M-8

98M 108k

lien

• • • •

109

OUTSIDE SECURITIES
Oiia Seen

»SM

U4

8.

theie are lateit bid and asked tkU week. tBonds due Auguit. * Due April.

Olty

ibOM

81

rSe«

Gold guar Oi.,,

93%
66k T'

ins

99

Hooking VaJley
lit conn 4>t8

T lit g 5i.l933
Honat B A
Honi A Tox Ceo. Bet So P Co.
CentralrUlnoti

10

10^

'

Leh A Hud R. See Cen of N J
Leb A WUkeib. Se« Cent NJ
Leroy A Caney Vai. Se«Mo P.
Lex At A PF. See Met St Ry
Long Dock. See Brie.
Long Xil'd— lit oon g 6i.l931 y-JS
Istoung 4s
1931

Se^StLSW
Se<, G B A Q
Se« N YNHAH.

1

88k Oeo '99

101k

;;;;;

'lie"
98
.M-S
(W-8 '98

Y lit gn g 4(... 1945
Reglitered...
1945
Bl C A N lit g Iitpf6i.l914

Leh

Jray'sPt Term

1999
Reglitered
1999
Col A H V 8t eit g 48. 1 948

VsjiioBM

Oct.'99

Keglstered
1041 A-O
L Y Coal Co lttgng6i.. 1933 J-J
Reglitered
1933 J -J

G

A St J.
Han
oaiatonlo.

104

• •

J-D

So Ry.
W Iitg6i.l937
J

Registered

1459t

88
93

12

i'07m Jan.''bo
92>4 Ang'b»96
e4Vi
lOtH Jan.'00

104%

1943

rtWA Rloarlitg3-4i.l928
1 al Uar A 8 A.
See 8 P Co.
^ I»l HAH of '83 lit 5S.1913

'

101

l-D 100"
l-D

Leh VTerRy litgu g6il941

•••• •••••

"esjisaie

Sail CoBr'oh Iitg5i..l930
1 It OOD gn K 6i..l926
rargoA8o. See Ch M A 8t P.
i?Unt A Pere M g Oi .... 1920

W ADC—

89?i

J -D

V N Y Istgng4ki..ie40

i.eh

111k iie«

HSV* May'9w

r&Ind

rt 8 A V B Bge. See StLASF.
rortSt D DCo lit g 4^11941
lit g 4-61.1921
Ft

ICC

See N Y Cent.
(Pa) oollg 6i .1997 lYI-N
Registered Ss
1997 Itt-N

139« 141k

Jan.'00

1923

Ooniolgold5i

114)i

ibcji Jan.''00

lis

J-D
J-D
J-D

2d gold 6i.
1941
North Ohio lit gu 61.. 1945

115^ 121
llOM 116Ji(
'16^ 121
106^ 106!^

118H Jan.'OO
116M Nuv'ftf
106H Apr'99

,1

lit couiol gold 5i....l939
Pt Huron Dlv lit g 6i.l939
riaOen APen lit gSi.. 1918
lit land gr ext gold Si. 1930

114k ie9k Dec'99
ibik

See Brie.

A Ohio.

LakeiBrleA

8 A M
114«123H L
Leb Val

113

118

in

tATH

High

KaniasMld. Si^StLASt
Kentucky Cent. See L A N.
Keok A Dei M. See C R I A P

Dec'99

J -

A-i

F-A

1899.

If

Ask. Low, High. No. Lou:.

J -J
J -J

KalAAGR. SeeLSAMS.
an A Mloh. See Tol A O C.
K C A MRAB Iitgag5i.l939
K C PAG trot»;iit g 6i
Kan A Pao. See M E A

J

iCoreka bprlugi lit g 6i. 1933
litondi
1921
lit general gold 5i..,.1942
lit 6i

RR.

Jefferson

A N W.

B8cau A L 8ap.

Mt Vernon

116H 118

Ser PaCj.
S«e C

Fit's.

Apr'99

10796

107>i

M

Terminal lit g 0i....l943 I>1
Regli 95,000 eaoh.1943 Ml
WllkAKasl8tgag5il942 J
Mid aRofNJ Iitg6il910 A
BTle

76

97

107« 112%
14 102M 109^

Year

Last Sale.

ibik lOOk
101k

100

AW

KnoxTllle

[W-N

1937 F
1940 t-

Ghiaeralg 5i

52

NoT'9P
103^ 104

108

J-D
J-D

lit g6i.... 1935 .1 - J
l8t guarg 68
1935 J-J
Ind lUAIalstref g5i..l948 A-<>
Int AGt No 1st gold 8s. 1919 M-N
3d gold 6i.
1909 «-!*
8dgoId4i
193] M-S
Iowa Central litgold5s,1938 j-r
Iowa Midland. See Ch A N W.

100% 109

99^

38M

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

IndBlAW. SeeCCCAStL.

92)^ Feb.'9«

113

-

J
J
J
...1996 J
5i.l937 J

«dgold4Hi

90

Range

Week's

Range or

'1

1920 A
1928 J

litooniolgold 7i.. ..1920
lit coniol gold fd7i..l920
Long Dock oon gold 6i.l935
Bnff N Y A Brie lit 7i.l916
gold 6i....l908
Boir A 8
Small
1 90 S
lit
ga
gold 5i.l909
iefl RR
Oblc A Brie it g 5i. 1982
Coal A HR iBt o ga 68.1922
Dock A Imp l8t 0ur6s.l913
N Y A Qreen Lgug6:.l946
1946
email
rte litoon g 4i pr bdi.1996
ttoglitered
1996
iitoongenlleng 4i....l996

92

-

.1923 m.

•d ext gold 4Hi

4tbextgold 5i
Sth ext gold 4i

Jan.'9U

Price
Friday,
Jan. 26.

.2

LXX.

[Vol.

2.

Jan. 26.

. .

10»« 10b94Dec'9U

EKitOf Minn. SMStPMAM.

Igln

inn
n7H

May'98

108

it 5i. 1 9 37

1916 J
lit gSi. 192b J
Atg 5i.l937 J

•nlSoShoro A

8ep.'99

10a«< Jan.'00

••tMATol. SeeLSAMSo.

Sd6i

108H lOSl^

Ind Deo

Dat AMaok Iitlteng4i.l995 JReglitered

122

Dec'99
May'ST
r.^0^ Apr'9»
183 J'ne'Hfl
115 Jan.'OO
113 Dec '9U

92

M-

1995

142K

AaK'9»

J
J

•mM DnRy lit g 5i... 1917
1

138
117

148
143

AA-

(>

Sold 4i

IU5>4 111
141
145k

139

A-

A

Oen Tram Co oon g 68. 1 9 1
Met Ry Co lit gn g 6s.l91
Did a R Or lit gold 7t.. 1900
1936
litoong4i
1936
lit con g 4^8
ImproTement gold 5i.l928
•u M A Ft D. See C R A I P.
Bm M AMlnn. Set Ch A N W.

DbI A Iron Range

137^ 144

in-

MM-

Reglitered
ER Bge. See Pa RR.
Don Con Tr Co litg 5»..1933

148

107^

.Ian. '00
13 J
8ep.'»>»
1081^ J'ne'99

F-

D«l RlT

142
1071^

I'

-Bid.

138H 136^

126H J'ne'99
I94M Aug'99

1906
1906 A1921
1921

awiatered

&eni£aar

127

107K
13B«

J

AW

auargjldSi

134
13U

Page

(5 pages)

niUnols Central (Con)
Western Line lit g 4i.l961
Registered
1951
LoulSTlUe Diy g Ski .1958
Reglitered
1953
8t Louis Dly g 3i
1951
Reglitered
1951
Gold 3k8
1951
Registered
1951
Cairo Bridge gold 4i..l950
Registered
1950
Middle Dlvreg 6i
1931
Spring DlT Istg 3ki.l95l
Registered
196
ObtoStLAN Og 51. 1951
Registered
1051
Gold 3k8
1951
Registered
1951
Mem DlT 1st g 4s. ... 1951
Registered
1951
Bellev A Car 1st 81. .1933
St L Sou 1st go g4i... 1931
Carb A 8 Istg 4s
1933

Dak&OtSo. 8«eCM&8tP.

lUlM* Waco. SeeM K4T.
DalLaok & WetterD7*..1907 Mart Blng A N Y lit 7».1906 A-

.

BONDS.
STOCK EXCHANGE

Week Ending

Ask. Low. High. No. Low. High

Bid.

prices

.)

.

SECURITIES, &c
Gaa HeeurltlPH.
Syr'seGae— ••! :)»'46.JAJ
Weitern Gaa (Milw)
Ss— See N Y St iOx ItiL
Telfg.

lit

—

.

.

A Poto Teleph— Stk

Bond

5a

Oommerclal Cable
Jommer Union Tel (NY).

{And

83
00

<talC.

bO
109

T4tlc>ph.

nencan Diet Telo NY
Bell Teleph. of Buffalo.
.entrai & Souih Amer.
Ihei

Bid.

IntereaU tPrloe

Stock Bxob

176
106

107

68k
108

Hi"
PW L

104
180
lid

—

Jan.

37,

9

.
.

THE CHRONICLE -BOND

1900.J

Week's

Sange

Range or

Tear

Last Salt.

1899.

Price

BONDS.
N.Y. STOCK EXCHANGE
Week Endiwo Jan. 26.

Friday,
Jan. 26.

7a« 76« 70
28

24
13

lOM

UH

"36
"ssii

Mu

J-D

106

108

108

• •

1917 M-8-r
1917 M-Sf
1020 F-A
1920 F-A

R of Mo

ex g 4i

lit

.

'38

F-A

Sd extended gold 6i 1 938 J-J
litg5i..'26 Bl-S
Terd V I*
LerorACV AL litgSi'Se J-J
8t LoulB & Iron Mount
.

W

Senoonry (Sildgrtg Si'31
Oenoonntampgtd g 6i '31
New4f. Se«"Unll8t.Bd8."

A-0
A-0

Bmall

-J

J

J-J

1945 J -J
1945 J-J

Moitgage gold 4i
Small

Mob A Ohio new gold

6i..'37
lit exteniion gold 6i.l937
48
0«neral gold
1938
MontgomDly lit g 51.1947

J-D
Q-J*
M-S
F-A

Bt L A Cairo gu g 4i 1931 J -J
Mohawk A Mai. See N T A H
Monougahela RIt. See B A O
Mont Cent. See St P M A M.
Morgan's La A T. See 8 P Co.
. .

90
54
44
22

96

63
82
86

739^

76M

83

sn

-

.1

Begiitered
-J
1903
Debenture 5iof 1884-1904 M-S
Begiitered .... 1884-1904 M-S
Beg deb 5i of
1889-1904 M-S
Debenture g4i.. 1890-1905 J-D
Beglstered
1890-1905 J-D
Dobtoeruextg is.... 1905 M-N
Begiitered
1905 M-N
aSHi
1997 J-J
B«glstered
1997 J-J
Lake Shore ool g 3)^1. 1998 F-A
Registered
1998 F-A
Mloh Cent ooU g 3^1. 1 998 F-A
Registered
1998
Harlem lit 7i
1900 n-N
Begiitered
1900 m-N
NJJanoBgn lit 41.1980 F-A
Begiitered
1 986 F-A
Weit Shore lit 4ign.3361 J -J
Reglitered
2361 J-J
Beeoh Crk lit gn g 4i.l936 J-J
Begiitered
1936 J-J
Sdgngold 6i
1936 J-J
Begiitered
1936 J-J
Olearfleld Bltnm Coal Corp
litiflntgug4sierA.'40 J -J
Bmall bond! serlei B '40 J -J
.

. . .

101

129

137HJan.'00
101
105

8ep.'99

111

Deo '99

111

111

lis

Dec '90

113

115

lOfiJi

1099i

lOUH
107«
107%
107M
102«
102X

113

Sale
Bale
Sale

9S4

Bid.

iaCo—
4^8

10594 118!4

103M 106

97

97%

96

Dec '99

101^

10194
Jan.'00

103

Mar'97

113
113X 112
108
106

1139i

112H
Jan.'00
J'ne'US

50

40
118
90
115
116

1019« 1079i
10294 10294
10W96 113M

lllH

64
23
61

95
93
96
96

n»H
103
108
108V4

100

10894 108

lom IO6V1

19 llOM 11794

30 108« 11594
113
109

1921

1st B

Registered
1931
Gtd3><sool traBtreg.ie37
P C C A St L oongn g 4^b—
Serlei A.
1940
Series B guar
1942
Series Ogaar
1042
Series D 48 guar
1945
FItU Cln A St L lit 71.1900

Jan.'OO
Jan.'9e

t •

••

•

10

104% ioi"
108% 106%

114
11494 118
10996 113)4 113

Jan.'00

11714

J'ly '99

118

'106

••••••

!••• ••••«•

188

..... •««»*«

101

18e
188
•«t«8'

106
106>«
101>i Nov'98

....

130

189
128

67

181H
lis

IC1%108»

•104
99)i(

93H

99^
93%
96^

Sale
Sale

18&
180

130
188

Jan.*C0

Dec'99
117^ Aag'98
101
Feb "97

••••••

5
94i« 104
J'ne'99

99^

•• ••«

••••••

95

101

87% 96M
95% 95)2

131%

18m

132

J'ly '99

132

188

10S96

260
104
Jan.'OO
848
67

100% 10014

131M May'99
I0S%

Sale

108
66
06
95
118

ISale

118

Bale

100

65% «6%

6ep.'99

May'99
118

104J$
70

63

96
131)4

90
23 113

110

118^ 110

Jan.'00

107% 108^

J-D
A-0

•105
• 90

1^8
85
65

Oot.'99

108
86
65

-J

65

•

J-D
A-O
M-N

107

Sale

106

Con currency 61

reg.

5s

.

105

13

135
139
135

134

188>i Jan.'00

••

123
118
118
335

Mexican Telegraph
218
MexlOAD Telephone— See Bosto nlist.
New Sua a'ciep— See Boat on list
Northwe»iern Telegraph. 117
130
N Y AN J Telephone.... 170
•b loan
MAN 111 114

Apr '99

113
107
107H 107

Auff'oa
Jan.'OO

134

J'ly '99

133

13894 14^

Nov'99

140
135

140>i
186

110%

llOJfc

119%

J'ne'99
Oct.'99

102

Jan.'OO

108% 108

131

J'ly '99

181

18L

113% 108

Jan.'OO

113%

Hi

103

Nov'97

108

May'e7
•
•

110

110

•

4 ••

•

••«•»-

«•••!
••••<

110%110)&

:io

ll6%Feb.'99

nne Creek
123
103

Jan.'00
lOlM Jan.'OO
10096 Jan.'00

and asked this week.

A

<Sc

107)4

P C A Bt L.
•1ttiClevATollstB6»..1922

1019^106^

tDaeJan. tDueJuly.

Bid

Teleph.

Atlantiu

7

Ask.

75
90
95

Providence Telephone.
100
Southern AAtlantlc
Weat'n Union Telecr— N Y atook Bxch
Electric llompanles.
173
168
Allegheny Co Light Co..
46
44
Brush Silectric Co
Br'dgprt (Ct) Bl Lt Co.35 t 43
.

Consol Kleotrlo Storage.

Bddy

Electric

Mfg

C0..35 t

8

13%

.

See Penn Co.
See Penn Co.

Pitts Cln

(Given at foot of

Teleg.

99)4

••••!

23

99)4
Jan.'OO

186
96
137

Apr'99
Dec'99
Nov'97

13
15

Edison Bl III Co NY— N Y Stock Hxoh
BdlBon Bl 111 Co Brk— N Y Stock Bxoh
12
BdlKor Orp Milllntr r.n....
10

J-D

reg guar 6s. 1932

A St L.

188

A-O

IDueMay. TDueNov. a These

IDueJone.

EJectrIc Companies.
Bast Bud Electric Light.
Bleotro- Pneumatic Trans

Wayne

Series

A

—

Mo

Lt&PowCoaS

Bdlson Bleotrio

Do

preferred

Narragan. (Prov)BlCo.5t
New Hav (Ct) Blec Lt Co
Rhode Island Eleo Pro^^o.

Ask.
•

1%

Bleo. Oo. .25

General Bleotrio 0<
NY
Do pref.— See Boston L
Hartford (Ct) BlecLt Co.
Hartf'd(Ct)

Bid.

I

40.

»*

19«
80.

153

7

9

23

28
63
95

81

186
100)6

119

are option laioi.

DraiedElecijtA.-

ist.

98
195
117

03% e»M

126
96

Electric rjAO-^wnlea.
Toronto (Cull Elec't'.o.
Tt >ra Housi Welding 00.

• •

Bondd
35
Stock Exob Woonsocket
148

989i 101

£ ELEGTRIG,

40

t

10
12

ll07%Oot.'98

oonsbcutive pages).— TJ^i

Fort

100

100
100

>

121

**>«oifio

List

104% 107
100% 107J*

.

lOlM 108
lolM

Ask.

114 118>
11296110"

3

30

Jan.'OO

.1005 Q-MI
1019 M-te

M-N
M-N 109
M-e
F-A
DRRRABgel8tga4sg.'36
133H 1S8
Ban A Lewis Istg 4s. 1936 J-J
fensaoola A At. See LA Nash
100
118
^eo DeoAB lstg6strreo.'20 J
lis
Ivans Dlv litg6itrreo.'30 M3d g Si tr reo lstpd..l936 M-N
••••
ibe^ ibe^
fo ABast. See C C C A StL
•••••• ••••
'•0APekUnlstg6s...ie31 Q-F 120
133" 188
Idg4)<s
90
Feb., 1921 M-N

J'ly '98

11394 116Vi

Nov'98

Registered

05

103% 1049i
118% 118

Jan.'00
Jan.'OO

109% Apr '97

1010
1043
Oong 4s
01 A Mar lit gn g 4^i.l936
DN J RRACau gen 41.1944

85

105

A-O
116% 115% 115%
115
A-0 115%
116H
113 Nov'98
M-N
107 Dec'99
M-N 106
F-A 103
1059i Apr '99

WAOlBt 71.1012 J-J

85.

30 108% lie

103

F-A
135
'136
J-J
ad78
1012
3d 7b
1912 A-0*
C BtL A P lltoong 61.1932 A-O 11"!
Regiiter*^
1932 A-O
OlAvAPitiBOona f 7s. 1900 M-N 103
Gengng4HBser'sA.1942 J -J 117
1942 A-O 118
BerioBB
rie A Pitt gn g 3H» B. 1 940 J-J
1940 J-J
SeriesO
9rRAI exist gag4H8.194i J-J
AUegh Yalgen gu g 4a.l942 M-S
NACBdgegengug4)^B.'45 J-J
'insRRlst real es g 4s.l9a.S M-N
Consterhngg 6i
1905 J-J
Ft

Jan.'00

104

107)4

112%
118% 111%

J
M-S

Dec'99

10694

113

-J

1900

Registered

Pitts

Cons

.

Bonds

9A

loiiw

Sale

J-D
A-O*
A-0

& Bay oimim iwi.
75
rte Teleg A Telep— See 8 tokBx

Hudson River Telephone
Intern dtlon Ocean

106H llSM

113)< Apr*99
'^SH
9SH

OUTSIDE SECURITIES
franklin
«old A Stock

aoof Mtiioorl. See Mo Pao
Panama iBtifg 4^8. ...1917
S f subsidy g 61..
1910

iiimi7«

109

W

.

lO'M
106^Dec'99
109M 8ep.'97
103^ J'ne'99
1039i Aug'99

103
•lOlJi 103
104

1900

& Tfleph.

NYC
O O F A St P. See C A N
Pao OoaitOo— lit g 5i 1946

111HOct.'99

110« 109

price Friday; these are latest bid

Teleg.

18B
137

Dec '99

.

Oswego A Rome. See

111H117)<

1049ireb.'09
10194 Jan.'00

102«

V8%
95^
07^

109%

10794

102>»
'109

Lake Shore con Ist7sl900

B'upire

29
101
13

105

Gear

.

•No

••I •••••«

B

hloAMlss. SeeBAOSW.
Ohio River RR lit g 3i..ie36
General gold Si.
1937
1901
Om AStL lit g 4s
Ore A Cal. See Bo Pao Oo.
1»894 Ore Ry & Nav See Cn Pac
Ore RR A Nav See Un Pac
101
Ore Short Line Se« Un Pac

•118

B W AOgoon litezt3i.'32
129
A Mont lit gn g 5i.'16
B WAOTR IstgngSs.lS M-N
OsweAR2d gag 5s.. 1915 F-A5
Utloa A BIk RiT gn g 4s '22 J-J
Moh A Mai 1st gu g4s.l991 M-S
Oart A Ad 1st gn g 4s. 1981 J-D
NYAPatlstoongag4s.'93 A-O
N Y ANorth Istg5s..l927 A-O
Lake Bhore A Mloh South—
Det Mon A Tol 1st 7sl90e
180
Registered

N
N
107^ N

105

.

Nor

96H N

looa^ioo^

See
YOA
Y O A W. Bef lit g 411993
Regis fSiOOO only... 1992
Y A Put. See N Y O A H.
Y A B. See Long IiL
Y B A W. See Erie.
Y Tex AM. See So Pao Co

118%
108

'

FA •iei«

Gout A Oiwe lit ga g 5i.'42

N

95

H

N

96M N Y A North.

111

107)2

28

••

•t««e*

M

118j
ll"^

103

189
137

Nov'99
Dec'99

106)i
108h( Jan.'OO

1

NBA

86

10894

Dec'99
Feb.'9*-

178
•78

••••••

IIT

..... •«««•

104X4 Oot.'«7
187H
187)i
186 8ep.'99

.

P«>nn»jlva
A.-01

HO— 1st 71.1903

.

A-O
Convert deb oerti f1,000
Small oertfiflOO
Honiatonlo B oon g 51.1937 Ji-N
Derby oon 5i... 1918 M-N
N Y ANBllt7l
1905 J-J
lit 6l
1905 J-J

.

lit 7s. '13

.

NYNHA Hart lstreg4i.'03 J-D •IBS

. .

Hash Flor A Shef. See LAN

TCentA

NYANB. SeeNYNHAH

llOH

10894

10b« 106
•••••• ••f*««

43

High

110
11194
106
106

'

J -J •128
1901 J -J
1928 A-0 104
*110
1917
lltdsTA Pb
»no
lit eiMoMMWAAl. 1917
110
lit gold 6i Jasper Boh. 1923

II

150
185
127

W

lit oon gold Si

St.

N Y OlllC A StL Iltg 48.1937 A-O
Reglstnred
1937 A-O
N Y A Ureenw Lake. See Brie
NYAHar. SeeNYOAHud.
NY Lack AW. SeeDLAW
N Y L B A W. See Brie.

18

iVaW Nov'99
103
182
1£9
127
105
108

M

106 108M 12194 Norf A Weit-Gen g 6i.l931 M-N
New River lit g6i.... 1938 A-0
112 117
"86
9":^ 97
ImprvmtAext g 61... 1934 F-A
96
91^ 108
97H
COATli gag6i....l932 J -J
24
93 Sale
6010 VAN Blitgng4i.l089 M-N
94
88
98^
03
N A Ry lltoong 4f .1996 A-O
106 107 106K Jan.'OO
Registered
1996 A-O
1049^ i09
1996 A-O
Small
113 110 Nov'99
110 115
'"s'o'
North Illinois. SeeOhlANW.
75
North Ohio. See L Bne A w.
106H J'ly'99
Northern Paolflo—
109 105 1145«
113 110« 118
Ut P A N P gen g 6i. 1923 F-A
1 lC8Hlll>i
Reglitered otf 1
1933 Q-F
110
110
Prior Hen r A 1 g g 4i..l997
Registered
1997
106
Qenerallien g 3i
3047 Q-F1
Reglitered
8047 Q-Ft
Wash Cent lit g 4b. 1948
'so*
Nor Pao Ter Co 1st g 6s.l933
134^ 130 125
125
125 130^ Nor Ry Cal. See Cent Pao.
116
Nor Wis. SeeCStPMAO.
117 183
ISIH J'ne'99
65
Nor A South 1st g 5s. ... 1 941 M-N
85 Sale
85
81^ 90
83%
107 Jan.'00
10394 109M Nor A Mont. SeeN.Y.Cent.
'108K
90
OlndAW. SeeOCOAStL.

3d6i

MawHAD. SeeNTNHAH
N 3 Jono KH. See N Y Cent.
MowAClnBdge. SeePennCo
M OAN Bprlorllen ges.1915
M T Bkln Man Bh. See L 1.

108%

ibsji

1902 M-N 103
1909 M-S 180
1931 M-8 185
185
1931
1940 5 -J 104
1940 J -J

oon 5i

61
61

iiojiiieii
91
100

MorrliABiiex. See Del LAW

NaihChatAStL

M-N

Mloh Cent— lit oon 7il902

108

t^

Mill BIT Bdge. See Chlo A Alt

Mob&Blnu prlorlleng 5i.'45

•••**t •••••ti

Bate A8tl8tgug3s.'89 J-D

•

litoollgoldS
Begiitered

KAAGR Iltg06i.l938 J-J

Begiitered

109

1899.

Ask. Low. High. No. Low.

Bid.

MahonO'lRR lit 58.1934 J-J

"u"

4i

146
121
127

Fear

Last Sale.

(Con)

Begiitered

. .

ffrnitg S»
Begiitered

UH

103^ 106

.

Bange

Week's

Range or

113% 118^
1903 J-D 112M
112%Jan.'00
1903 J-D 118J4
Begiitered
1997 J-D •109% 110^ lioyi 110)«
Gold 3^1
I09X Dec '99
1997 J-D
Begiitered
108)il>eo'97
OlnA B litgLSAM 87s'01 A-0

Siii "88J<
100
100

14"

Oct.'99

106 Oot.'90
MU Bl Kr * L 30-rr g 5i 1 926 F-A
M L 8 A W. 8te Chlo & N W
MU A Mad. 8u Chlo & N W
MU& North. 8e«ChM&StP
MU A Bt P. £m Ch M & St P
MlsABtLga. SmBOH&N
1927 J-D 144 146 148H 143^
Mini. * 8t L— Ist g 7i
123 181 J'ly'9tf
Iowa ex lit gold 7i... 1909 J-D
127 Jan.'9»
Booth Weitez lstg7t.'10 J-D
138 Deo '98
Paolfloex lit gold 61.1931 A-O
•112
114
113
113^
19b4 M-IS
lit ooni gold Si
98« 9eHt 95 Jan.'00
lit and refund. 48.... 194 M-8
M A P lit 5i It 4i Int ga..'3e J-J
M 8B:)f *A lit g 4i Int gn.'ae J -J •••••• •••••<
MBtPASSM cong 4ilntga'38 J-J
109
Oct.'99
Minn Bt By lit oongSi. 1919 J-J
MlnnUn. SmBIPMAM.
00
Sale
J-D
89H
90H
MoKanATex— Iitg4i.l990
eSH
69
1990 F-AII
689i Sale
tdgold4i
1944 M-M
94M Sale 94
94H
lit exten gold 9i
93
MKATof Tlitgag0i.'42 M-S 92 93 9^
78
77
Jan.'00
K O A Pao lit g 4i. .1990 F-A
94
Dec>99
M-N
1940
DalAWa lit ga g Si.
lOOJi Nov'99
BooneTBdtiOogag7i..'06 M-N
T«bc « Neoiho lit 7i. 1903 J-D •104
103 Jan.'OO
MoKABlitgug Si. ..1943 A-0 102W
117
Mo Pao— lit oon 8 6i 1 030 M-N lie^Sale 116
112«
114 Dec '99
M-N
l«u«
Sd7i

Pao

8

165

3.

Price
Friday,
Jan. 26.

81
BONDS.
N.Y. 8TOCK EXCHANGE
Week Ending Jan. 26,

lit

. .

Page

(5 pages)

68H 78« N Y Cent— L SAMS
Consol8d7i
1«H a9H

Jan.'OO
249^ 146
S3
12

MMlDteniatltto>i>s 4f.'77 M-8 '"ssJisaVe" 88^
1937 J-D •••••• #••• 100>i Jan.'00
Natl St gold 6i
•d Ino 6i A Cp stmpd. 1917 M-S* *••••• ••rtas
Apr '99
14
Sd Inoome gold 6i B..1917 An.*

M«z North lit gold 6i.. 1910
Mloh Cent. Sm N T Cent.
Mid of N J. S««NTSui<kW

PKICES

Ask. Lore. High,. No. Low. High

Bid.

Mez OentooDKOld 41...1911 J-J
lit oon Income g8t...l930 J'lyt
1
td oon Inoome g 3s. ,..1939
'i'''
A-0
qnlp & eoU g Si

•

.

Jb'erry

3

«

o..ref
..... i

Ti

Bl Co..

<&c

Bid.

Alik

100

"is"
9894

18

97 Hf

105

Companies.

26
34
Brooklyn Forry-Rtoo^Bonds 5». SeeStnckExc h. list.
Metropolitan Ferry— 5s.. 108
• ••««
IN J & N Y Ferr»— iStook..
JAJ {ids" 106
1st 58 1948
I

I

5Ano

interest.

^

133% 135

tPrloe oer ^h are

AJ

19

'

THE CHRONICLE -BOND

166

Price
Friday,
Jan. 26.

BONDS.
N, Y. STOCK EXCHANGE

Week Ending Jan.

Week's

Range

Range or

Year

Last Sale.

1899.

26.

Ask. Low. High. No. Low. High

Bid.
Fttti&OonnellsT. See B

4 0.
121

BONDS.
N.Y. STOCK EXCHANGE
Week Ending Jan. 26.

Nov'98

J-.I

J-

j-j
J.J 90
90 J'ne'99
A-O •112X116 118« Jan.'OO
J-J
87Ji Jan.'00
J-J
100
100
JPM& Cocertfa
OCX Sale
9eji I00>i
Pltto Y A Aahlatoon5al927 M-N
. .

81^

J -J
1997 J -J
1 99';

83

Beglatered
Banaaelaer & 8ar. See D & H.
Biota* Dan. SeeSonth By.
Rio Or Weat lat g 4s
.1939 J-J
Utah Cent latga g 48.1917 A-01I
.

.

95!^ Sale

.

83

AloOrJnno Istgng 5a. 1939 J-D 103
Rio Or So latg3-4s
1940 J-J
....
Booh & Pitta. See B R & P.
Rome Wat. & Og See N Y Cent.
SaltLakeClstgsf 6s. '03-13

&a
1 947
Mob & Ohio.
A
L & Iron Mount. See M P.
L E O * N. Sm Wabash.
Bt L M Br. See T RR A of StL
at loais k 8an Francisco—
Sd gold 6s Class A
1906 M-N
ldgoId6a OlaaaB
1906 M->i
Id gold 6a ClaaaO
1906 M-N
lat g 6a Pierce
M 0..1919 FGeneral gold 6a
1931 J-J
a«neral gold 5a
1931 J-J
lattraatgoldSa
1987 A-O
t Jo
I Ist g 2-3-4S.
Cal.
Bee
I,

t

104*

J'ne'99

105

Nov'99

96

84

34

Con lat g5a
H Ten reor lien

84

Deb

79M 87

•111

113
113

119
*lQ'i% 108

at Paul
Id 6a

Minn & Manitoba-

80^

Sale

9a

1933
1933
Bednoedtogold4^a 1933
Beglatered
1933
Mont Bzt lat gold 4a. 1937
Beglatered
1937
Bllim Union lat g 6a. .1922
Mont Clatgagda.... 1937
Beglatered
1037
lat gnar gold 5a
1937
Beglatered
1937
EMlatdlTlatg5a.,.1908
Beglatered
1908
Nordlv latg 48
1940
Registered
1940
See

98«

....

Nov'99

Feb '99
11 OH Dec'99
98Ji

98H

121% 119 Nov'99
1S(8H 1E0J4
120k
....
137 Jan.'OO
137«i Feb '99
Sale
llS^i
1149^
104

J-J
J-J

89
103
9a« 06

135H

Jan.'»9
182^ Jan.'98
129)^ Jan.'00

lao"

116
118

Apr'97
Dec'99

ii'iH ibs"' Dec'99

* A P.
BP&NPlatar

97

82

BPof

J-Dt

115

129

95

112?,SOct.'99
Jan.'00
Dec '99

130

107Ji

112»«1125i
128 124
113 1S6H

126^
123

104« Feb.'98

-J

85

J-Ji;

Sale
Sale

Sale

88«

223

85
Nov'9»
100}^
lOOJi
88?i

84

110

llOJi

Sale
Sale

IDS

Bonds 6b of 1932. MAN
Cioboken- Stock
lat 68
Con. 5a

Ferry

Bonds 5b of 1906. MAN

A 23d

{

Aak.

70
98
68
118

lat

t

Price per ahnre.

85
8*81

95

344

77«
108

109
109

ibo;; ibi"
117 118H
10396 106U
8 114)6 118)2
4<!
lis 110^

106

110

i 1996 iiiji
119
1I6
120
laeu
100
loP
108)6 110

108)6111

108

Oct.'99

101

101

Jan.'99

109

109

110
110
90

IC9

Jan.'00
Jan.'00
Feb. '99
114)^ Jan.'00

lis

IIBM

113)6 lis

90

94

U7

180M
••«!•

•• •••

97

A-O

111

Jan.'OO

M-S

107
112)6

Nov'99
113

60

Oct.'99

(13M118M

1HJ6 Nov'99

6a. .1946 Sep.t
col trl946 Oct.*
.

11196116

116%
45% 66

61X Nov'9P

126
106

51)6

104
100

108)6 Dec'99

"88

108
101)6

•I**** ••••«8
•79li 89

15

78
98
99
99
10
109
109)6 Dec'99
104
104% 373 iul%
78)6 Jan.'00
116
116
99 Ang'99
104
104

104)6 Jan. '00
108 Nov'99
101% 102)i
12696
121
Mar'9w

82

l»m

108

May'97

112

112)6

102% NoV9tf

66)6

126% 18196

Jan.'OO
Jan.'00

85"

107

104
109

84

88

181%
100)4

106

108%
109

103%

10896

108
99

118
106

123%

13

181

9H 108
86

Wa

75)6 Oct.'99

Val Ind A W. See Mo P.
Ver
IrglnlaMid. See South Ry
Wabash istg 5a
1939 M-N nsx

.

188)i

111

117)6

108
80)6

llOH
Nov'99

105X

Jan.'OO

'l06«

,

1936

Y Cent.
B A O.

lat g 6a.l926

J

-J

A-O

SeeNYSAW
WU A Blonx F. Se« St P M A M

139
106
88

••••••

106
95
90

95H
96?i
113% Nov'98
108%Deo'99l

W

OAS A SLBCTBIC LIGHT BON D8.
1st g 58.1947 J -D
102 \QS% Boa U Gas tr otf 8 a f g5s..'39 J-J
109^116
Bklyn U Oaa lat con g 5s. '45 M-N 115
106^ 182
ChOLACCo. SeePGACCo
Columbus Gaa lat g 5a .. 1 932 J-J
Con Oaa Co. SeePGACCo.
Detroit City Gas g Ss. ... 1938 J. J
92
104
108)4 Det Gaa Co oon lat g 68. 1918 F-A
102)^ 109>4 •crtEDlIBkn SeeKCoEL&P
90
101
EdElIlI. Se^'NYG&ELH&P
'87 A-O
Kings Co El L&Pg6s
.

33
50

Purchase

108

Aug'99

106)4

mon 68

Mlwcellanfoiiiii. Par.

Amalgamated Copper

Preferred
Amer Bicyole—Com.,
Preferred

Bonds 68
MAS
Amer.Caramel— Common
Preferred

Bid.

Aak.

83

83)t
List

aton
40
29

ri

t

48
14
44

98%
60

100
.,

7

1

I

Due March.

1

108% 118

4

99

Deo*'97

113
107
96

Jau.'99
Jan.'OO

1496

• • • *

113
104
96

Apr '99

70%
34S

54

10a
25)6 lao

73

NOT'97
Nov'99

I

it»*

118
9896

• • • • a

68

79'^

3

6M J'ne'99

9]96 0ot.'98

116

116

lie

Sale

95

95

I

Bid.

Preferred

&mer Press ABsoo'n.. 100

31

Imerioan Screw

Due Nov,

97

May'«9

111

10:

SodaFoun —Com. 100

61

viii

17

Isl preferred
8d preferred
Vmerlcan Surety

•5

Bonds 6s
FAA
Amer. Woolen—Com....
Preferred

MUcellaneoun.

90

^mer Graphophone. ... 1

83

Par.
.100

33%
79%

101

87%
111

Bid.

10

Aak

106
116

Pref
Preferred

10

10996

AfISCBLL'8.

^Lmer Wringer oum.

108)6
7B)6

<it

35
80

1 00
42
47
100
18
9
60 810
880
\.m Typefo'rs— Stook. 100
60
66
Vmer 8trawboard.,..100
80% 81)6

190

o Theae are option aalea.

Ask

250 t800

96
86

14

97)6 Oct.'99

111

oonsbcutive faqes).-~FERRV
MlMoelluoeoue. Par.
Amer Hide A Leather...

116

99)6 Nov'99

A-O
A-O
A-O

Due Jan.

50

50
83
68
108

997

.....1940

Beglstered

Due July.

*

(Given at foot of

American Beet Sugar

109^ 112

May'99

113
7094
23)4

34
76

Ed BIIll!l{n-i8tcong4s.'39 J -J

ioe" 106"l

30

4IM
111
98)6

AtUnte G L Co

56
27

.

32)6

105H
92)6

20

93

no

.See"Dnlist'dBdB."

Istg 5s

Am Agrlcul Cbem— See

Jan.'00

118
108
85

92)6Mar'98

Winona A St P. See A N
Wla Cent Oo 1 at tr g 58 1 937 J-J
Engraved truat oertlQoatea.
Income 6b.
1 937 A-bi

New 48.

76

88X UU7

\10

M-N

Wheel Div lat gold 6a. 1988 J-J
Bxten A Imp gold 6a. 1930 F-A

184

73)4
Bale

. .

85

8J

118
94

9

61
20

See Southern

W Va A Pitts. See
W VaCentAP Istg 6a. 1911

118^ WllkeaABaat.

97
75

83
92

,

.

106

American GlnnHig

LAW
Nor Pac

See,

107
108
83

113
90

116)6
1«1?4

See Del

.

32

115
100)6

.

40-year oon g 5a
89J< West Shore. See N

114

,

2d gold 6a
1939 F-A 101)6 Sale
Debenture aertea A.. .1939 J-J
83
Senes B
37^ Sale
1939 J-J
latg 58 Det A Oh Ext. 194 J-J *107
Des Moin IJiv letB48.1933 J -.1
91
StOhasBrldge lBtg6a.l908 A-O 108

109K110H Wheeling A L B

98)6

90

no

«••••• It***

latg 6a. 1937 J -J 113)4
Geng3-4a
73
1943 A-O
Income 6a.... April, 1943 Nov,
87M
25)4
85
West No Car. See South Ry
102% WChic8t40-yrlstour6a.'28 M-N

55 lOOH 106

imer Air Pow of N Y. 1 00
Vraerlc'u Axe & Tool .100
Amer Rank Note Co. .50

Sts Ferry
70
7a
mort Ss 1919... JAD «100
105
C&lon Ferry— Stook
H9
40
lat 5a 1920
MAN {100 101
Buyer
pays ao<\med Intere at.
i

lOtb

10!^«

107

106

OUTSIDE SECURITIES

N Y A S B Trana A

103

73

Utest bid and aaked this week, t Bonda due Aug.

86
i 96
66
110
93

103)4 11K)6
106X 106107)6

109

A
DnlNJBRAOOo. SeePaRR
Dtah Central. See Rio G W
Dtah A North. See Ore S L.

WeBtNYAPa

.

Bid.

Non-cum ino A

Wash 04 W.

I039i Sale

A-O
A-O
A-O
A-O
M-N
Stamped
1905-37 M-N 105X
A AN W I8tgng5a.l941 J-J m%,
B P Coast 1st gn g 4s. 1937 J-J
BPacof NMexl8tg6s.'ll J-J 109
011aVG&NlBtguK58l924 M-N
NoofCa) l8tgug6B...1907 J-J
Gnaranteed gold 5s.. 1938 A-O

Fsrry Companies.
M Y A B B Ferry- -Stock.

1039^ Dec'99

112?< J'iie'99

M

Warren RR.
Wash Cent

J-D

Oal Istg 6s.. 1905
1st gold 6s8er B..1905
Ist gold 6a
1906
lat gold ea
1913
lat con guar g 6a. .1937

• Ne price Friday;

101

A-O
F-A

'I^er

i08"il3M

106J< Nov'99

F-A '109
108 Oct '99
Nov'99
Mex& Pac 1st g,...6s'31 M-N ioaji Sale 109}^
108
102H
HonB&TOlgtW»N7s.'03 J -J
latgSsint gtd
1937 J-J
110)i 110i< Jan.'OO
Oong6slntgtd
1912 A-O 110
11 OX Dec'99
Oeng4s intgtd
1921 A-O
85!^ Sale
84?4
85H
Morgan'aLa<fcTlatg6s.'20 J -J 120)i
120HFeb.'9M
1918 A-O
, lat 7a
1
134 Nov'99
NY T & Mexgn latg4a.'12 A-O
Ore & Oal 1st gtd g Ss .1927 J-J
99 Dec'99
BA&APaaalstgug4B.'43 J-J 78 gale
78
78^
TexANO 1st 7a
190 F-A
116 Deo '98
BablnedlT latg 6a.. 1912 M-S
106MNov'97
Con g5a
1943 J
BoPof Argnlatg6s.'09-10

A of St L lat g 4^8 '39
Iatoongold5s.l894-1944
Bt L
BgeTergu g5a.l930
Tex A N O. Sea Bo Pao Co.

91

UtloaABlaokR. See NY Cent

. .

1905

ibo" Jan.'''0O
118« J'ne'9«

W

.

A

100

J-D

SUtlal By lat gu g 4)^8.1943
Sunb A Lew— See Penn RR.
Syra Blng A N Y. See DLA W.

A

107%

Mar'9»
Aag'99

18)i Ang'97

i

3000 J- D U2H
108
112
64
8d gold ino. 5a, Deo. .8000 Mob.
Eng truBt Coctfs....
j'-j
•134
Third Av lat gold 6a .... 1 937
125
180 188V( TolAOO lBtg5a
1935 J-J I06)f(106H
109^115
Weat'ndlv latg 6a.... 1935 A-O 104
80
General gold 5a
98H 108
1935 J-D
Kan A M 1st gu g 4a. ..1990 A-O 87% Sale
n8«124X Tol Peo A latgold
79
4a.l917 J-J
119 125^ TStLAKO latg 6atr.l916 J-D
118
137
146Jii Tor Ham & Bufflst g 48 1 946 J-Dt
100
137V 137Ji UlatarADel latog5a.l938 J-D 103
32 liajj 119^
n Bl (Ohio) lat g5a..l943 A-O
DnPao— RRAl eg 48.. 1947 J-J 104)i Sale
10 101
Reglatered
108W
1947 J-J
104
104
OreRyANavlat a f g 6al909 J-J
Ore BB ANav oon g 4a. 1946 J-D lOlW Sale
Ore ShortLlne lat g 6a 1983 F-A 189^ 130
134M 137^
Utah A Nor lat 7a
1908 J-J
iisji il9Ji
Gold 5a
1926 J-J
Ore 8h L— latcon g6a.l946 J-J 113 Sale

Apr '99

120

W

8dg7a

W

."!!;!;

109)4
108)^

lat gold 6a

••••••

g 5a... 1919 J -J
Bar F &
lat con g 6a. 1934 A-O *126
latg5s
1934 A-n
St John's Div Istg 4s .1934 J-J
BolotoVal &NB. SeeMor&W
8eab& Roa Ist Ss
1926 J-J 103
Car Cent Ist con g 4a. 1949 J -J
83
Sod Bay & 8o Ist g Ss. .1924 J-J 100
8o Car & Oa. See Southern.
Southern Pacific Co—
Gold 48 Cent Pac col..l949 J-Dt
82M
Be. tetered
1949 J-Dt
CPaolst iefKug4s.l949 W-X iooji
Registered
1949 F-A
Mort guar g SJ^s. .1929 J-Dt "83%
ReglPtt^red
1989
Oal Har & B
lat g 6s. 1 91

W

Non-ou Ino B

M-8

lat g 5s. 1942
See So Pao. Co.

Gtd atamped

40« 66% TexAP Ry B div latg 68.1905

N or Pao

& Ph

1926
1931
1936 lW-^
1936 .n-N

Gen 6a

115

81
98
137

91

116M

High. No. Low. High

107)i

OA
lat oy gu 48.1924 F-A
186M
° !* 001 8 68.1914 J-J •lUH
FS?*.?
118H »SAN
Ala. Sea L A N.
lOOM lOdH Spok FaUaANor Istg 6s.l939 J-J

69% 484

106MMar'9a
104X 104^ 104^

103

t Pe
P*8'x01t7.S«e08tPM&0
Pres
B

80M

130

A-O
A-O
A-O
A-O
Wm&SFlatg 6a. ...1938 J-D
Beglatered
,., 1938 J-D
P & Nor Pao.

80

58

Ask. Low.
Sale

.

.

0t

Oct.'99
Ooi»'«7

112

114^

.

106

90
68

Sale
Bale

109

....

latoonaolgold 6a
Beglatered

1921
1931
1926

Small
SeriesF 6s

115

1899.

47 107

107k

999i Dec'99

•120
•137

6a. ... 1910

Dec'99 a20 183

92M Dec'99

1909

Dakota ext gold

184

110
110
110

NoT'99

107^.
lOOH

•100

J-J
F-A
A-O
J-D

1931
1917
1968

Dec '99

NoT'99

•••••• •••••

90^
58H

& DtUnth—

110
118
110

lear

Last Sate.

M-8
M-S
M-8
M-S
M-S
M-S
M-S
M-8
M-S
MS
M-8

1916
4-58

B

Series

113

W

lat 6a
Id 5a
lat cog 4a

1927

„8mall

So. See Illinois Cent.
let g 4« bdofs. 1989
ItL S
Sd g 4g Ino bond otf s .1989

atPanl

D

Series

.

Oraj's Ft Ter Istgu g 5s'47
Bt Paul Olty Cab. o g 5a. 1937
Ooaran teed gold 5a... 1937

atamped

58

A Ga lat g 68. . 191
Atl A Yad Istg gu 4s.l949
Virginia Mid ser A 68.1906
Small
1906
Series B 6s
1911
Small
1911
Series C 68
19I6
80 Oar

„Small

rtB&YBBdg latg 6a. 1910 A-O
KanaaaMld Iatg4a...l937 J-D
BtL& 8FRRg4a....l996 J-J
Sonthw Dlv latg 5a.l947 A-«
Cent Dli let g 4b.
1929 A-O
L

1938

Bqmp ainx land g 6a. 1 909

102H
87« SHH

Bt
at

Bt

g 4-5a.l938

GaPaoRylatg6a.. .1982
Knox & Ohio lat g 6a .1926
Rich A Dan con g 6a .1915

91

Range

Week's

Range or

ll6i4
J-J
116)^
M-N •116X 118 116
117)6
W-8 lOs
108X Jan.'00
m-s
ib'i"
134
iai" J8n.''00
J -J
J-J 119H 132 119 Jan.'OO
I80)j Jan.'OO
J -J 130 182
101 Jan.'OO
M-S 100
103
A-O 108
Dec'99
M-N 103X 104% 104% 101%
A-O

1930
1956

Reglatered

103^ 105
78
74^

74H 74HDec'99

8!)

.

34

96
88

Dlvlalonal g 6a

82« 9m
84% 89^

84
849^ 201
84 Jj Dec '99

Sale

BTya&Galat7a....l900 J-J

20 '98" lo'ij^
3
98« 101

1

RMdlng Co gen g 4a.

90
116

90
113

.

LXX.

[Vol.

Price

Rtd.

A-O
J-J
J-J

4.

Friday,
Jan. 26.

J-J 107%
J-J
J-J ios"
J-J
J-J

Beglatered
1994
Mem Div l8tg 4-4)ii-5sl996
ReKlstered
1996
AlaCenR Istg 6a. ...1918
Atl <k Ch Air Line Inc. 1900
Atlan & Dan istg 5b.195C
Col & Greenv lat 5-6a.l916

.

A Yo— litgn es.'32
tdgaar 6i
1934
UoKee & B y lit g 6a. 1918
Pitta P & F lat g 5a
1916
Pitta Sh A L B lat g 5a .1940
latoonaolgold 5a
1943
Pitta &Weat latg 4a...l917

Page

(5 pages)

Southern— lat oon g 6a.. 1994

JltfeiFtW&Ch. SeePennOo.
rltta Jnnolitget
1922 J-J
Pitts & L Brie— 2dg5i .1938 A-on
Pitta MoK

prices

t
t

1196

ISM

19

Amer. Writing Paper

88
80
6a.
jLOdersoc (John) Tob.lOO
18
10
Antomatlo Vending... 10 1 8%
4
Sarney A 8m Car
14
10
100
Preferred
109
100
99
6a 1948
JAJ 108)6 100
Bergn A Bng Br— See Phi I. list.

109%

lat 68

Blaokwell

a

Durh Tob.85

t

17

19

.

27, 1900

Jan.

9
3
5

THE CHRONICLE —BOND

]

BONDS.
«.Y. STOCK EXCHANGE
Wbbk Ending Jan. 26

frtcn
Friday,

Weelc's

Rangt,

Range or

Year

an. 26.

Last Sale.

1899.

J

Ask. Low. High.

Rid.

M-8
oon g
LNY
a
P G & C Co.
£ aOmHleo
A Fuel.
J-D
1932
Co deb K
1

5s. .'3a

118

5b...
iBt g 6S..1915

lie

Bt

See

a«n

F-A
foMoG8BColBtg5B.1922 A-O
58'
1
q-n
Lao Ga«-L Co of StLlstg
ar

BapOL Co

llYGBLH&P..g5s.l94S
.

•

.T

i09Ji

-n lOSH

Fuel Gas 1st gu g 5.1 947
Trenton G& Bl Istg 68.1949.
»»«itn Gas Co ool tr g 58.. .'33

Mn

>

M-N
M-S
M-N

m Cot

AaiDk&ImpSs. SeeCenNJ
1915
4m Spirits Mfg Istg 6s.
Bar * Car Co st « 68. 1 942
1

M-S
J -I
F-A

92H

Ino 58 ...1907

SeeNYC&H

1st con g 68... 1900

OolC&I

OoIO&I DevCogug58..1909
Coupons

180

Oct.'99

1084118

108

103
101

103M

Jan.'OO

86

Jan.'00
Jan.'00

30 1024 1074
103 1084

70

7v

944

35

754

^'i^

lOSH

61

103J4

994 101

100
94^ 95

lu5

J'ly'99

104

106

105
86

964 Jaa.'00
1034 Aug'99

97

1084 1034

Feb.'98

AH Can.

Id gr

See

HR bonds

3^8 8 A.1911

A-O

18

•

21

ai
109

H«T4Tooltrgsf 58...1926 J-J
Grameicy 3ug lstg68..198<
Ur Klv Coal & C Ist g 68. 1919
Hack Wat Reor Ist g 58. 1926

HendBCo

Istsf g6s...l93l
1910
Hoboken L 4 I g 58
1910
deb 5s
Co
iU8teel
Non-conv deben 5s... 191
Iron 8team boat Co 6b ... 1 9 1
Int'l Paper Co lit con g 6*.' 18
jr«ir4Clear O 4 1 iBtg 5s 1926
1926
tdgSi
Kntok Ice (Chic) Istg 58.1928
Mad Sq Gard Istg 5B...1919
Man Bch H & L gen g 48. 1 940

A-O

109

Company—Com.. 50

50
Guar... 100
Oarter-Crume— Pref. .100
Prvferred

Bond4Mort

Ask
634 674

624
336
80
00
16
68
60
16
76
360

101
75

764

48

63

10

70

Oon Kan C Smelt 4 Ref .35 t
ConBol Rolling Stock. 100
22
Cramps' Sh 4 Bu Bldg.lOO
30
83
Diamond Match Co. ..100 120 123
DistUl. Co. of America
79*
7Hi
Pref
33
33
neotric Boat..,.,,,.,.
16
18
Preferred
30
86
Blectrlo Vehicle
44
48
Preferred
,
48
65
Bppens

76

Hrie

45

German

Am Real

Bst-lOO
Goodyear Shoe Machine.

Gorham Mfg Co-Com.lOO
Preferred
Great Falls Ice

100
100
Havana Commercial..
Preferred
Heok-Jones-J MiU-Pf.lOO
lit 6s 1922
M4S
Her'g-HaU-Mar(asst p'd).
Preferred (asst p'd) 100
Hoboken Land 4 Imp't
5i ,,,,,
lillnoU Trans
International Elevat.io'o
International Navig. .100
Internal. Paper— See St'k

Intemat'l Pump— Com.
Preferred
Internal SUver— See Stk.

30

205
35

98

50
110

Z494
118k
31
60

614
65

4

6
15

100
106
'iH

90
103

Bzch
18

.

88

....

10

118

99
70

Jan.'99

'99" "9 9*

95
105
list.

18

.

Lorillajd

(P)— Pref... 100

StBx
......

Income g Sb
1 946
Sun Ck Coal iBt g s f 68..1912
Tenn Coal T Dlv lBtg6s.l917
Blrm Dlv Ist oon 6b... 1917
Cah C M Co iBt gu g 6b..'22

1:9

List.

110

1524
110
108

20

J-D
A-Oll
J-J 109
J-D 100
De BarC4ICogug68.'10 F-A 108
U 8 BnvelCo Ist 8fg6s 1918 j-jir
V S Leath Co b f deb g68.'13 M-N 114

7ear
1899.

Low Piah

Wigh. lf»

00

Oct.*9P

1134

J'ly'99

101

Feb'9-<

90

90

1134130

1084 Deo '99

1039^1134

May'97
May'97

"95" ioi"

Jan.'00

113

Due July

t

104

100

*

84

37

78

90M

2t

2'i

61

\.9%

36

110
110

108

110

78..

1134

68. ..1911
Northwestern Tol 78.... '04
P
Ist
B
4
C
Co
L
g 5s.'19

D.
8
US
U8
US
US
U8
US
U8
US
a8
DS

8.

"3*2"

GOV. 8BCURITIB8.

1084
100

1104

109

'.'.'.'.'.

Miscellaneous. Par.

Bid

30
20
Merch 4 Miners' S 8.. 60 t 60
5s'42M4S
105
Mich-P Car 1st
Minneapolis Brew Ist 7s. 108
100
Mosler Safe Co
Monongahela Water... 25 t 43
Nat Enamel'K 4 Stamping 39
Preferred
86
100
S6
Nat'l Gramophone.
National Saw— Pref.. 100
'464
National Salt
Preferred
784
100
National Surety
44
National Tube
Preferred
914
55
National Wall Paper. 100
N. E. Blec. Vfh. Trans.
64
100
75
N Y Loan 4 Imp
N Y Biscuit 68 1 91 1 M4S 114
New Jer Zinc 4 Iron.. 100 127
9
N. Y. Bl.Veh. Tranep.lOO
50 t 60
Nicholson File Co
Nicaragua Construct. 100
Nlles Tool Wrks com.100 ids'
100 121
Preferred
22
Otis Elevator— Com...,
86
Preferred
33
Peck, Stow 4 Wilcox.. 25
100
Pegamoid, pref
50 400
Pennsylvania Coal
Penn. Water- Com....50 t 5
Phil 4 Wil Steamboat. 50 t 66
Pittsburg Brewing. ..
Pittsburg Coal— Pref..,
80«
20
Pneumatic GunCar'ge.lO
4
Pratt4 Whltn— Com..lOO
46
100
Preferred
Procter 4 Gamble.... 100 380
100 190
Preferred
Ist 6b— See Stock Bxch list.
R.I.Perkln8 Horse Sh. 100
60
100
Preferred

40

t

. .

. , ,

. .

100

33
88
58
25
48

Small
Virginia fund debt 3-3s.l991
Registered
6b deferred oertfs

924
60
7

86

.

101

Simmons H'rdw-Com.lOO 198
100
Preferred
100
Singer Mfg Co
Standard Oil of NJ..100
Stand Und'rg'd Cable. 100

150
600

Chase
Chatham....
Chemical

126
25

88

68
•28

8

55
400
300

10

81

73
140
42
103
805
160
173

68
t 53
38
112
1st 6b'13A40 107

70

com. ....

.

RT

6

0174 6184

Preferred
,,
Southern Cotton Oil.. .50
8tandardCoupler.com ,
Preferred
Isl

35
410

168
80

Sloss-Sbeffleld,

2d5sl926

,

814
42
116

J4J
Sm-V.lOO

95
80
StlUw-Bieroe 4
100
101
Swttt4 Co
lit 6s
1106
Susq Coal 6s 1911... .J4J
13
Tennessee Copper

Bowery*

10

934 05*
394 30

Semet-Solvay deb Ss....

Qu

1084
107
132
14

otati

Ask
(WIS.

N. Y. CITY.
America*.... t455
Am Bxch.... 1874 iS7U
Astor
490
"
Broadway....
Butch'84Dr..
Central

\

80
Preferred. .,,„.,,....,
35 t 66
Russell 4Brwln.
Safety Car Heat 4 Lt.l00 185
8chwarzchUd4 Sulzb.lOO 38

Brokert'

Bid.

137
10

.

f

Banks.

Citizens'

City
Colonial*
Columbia*...

Commerce...

885
235
85
175
435
300
3900
148
875
240
190
870

300
850
95
185
310

305

.

3360
14th Street*. 146
Fourth
165
Gallatin
400
Gansevoort*
Garfield
1500
German Am* 115
German Bx*. i35
Germanla*.
325
Greenwich*.. '165
Hamilton*...! 185
Hanover
675
First

165
176

80

860

. .

750

Irving

Leather Mfr
Liberty
Lincoln

1784
8544

i

310

775

Manhattan*. 850
Market 4 Ful 215
Mechanics'.. 100
Mech 4 Tra» 90
Mercantile.. 1190
Merch Bxoh. 116
Merchants'.. 165
Metropolis*.. t426
*

t

sis'

240
300
110

175

Int.

t

8ep.'9.'-

054 944

85

854

"so"

Jaii.'00

Jan

91

'00

47

ti6

Deo '99

108

94

90

984
824

95

3H

9

S'.H

71
60
664 Nov'99
66
63
644 Nov'99
96M
974 35 92
97% 974 97
747^ 76Ji
764 Oct.'99
88
73
il6
81
8O4 Sale 79>6
0SM
296
85
91
904 Sale 904
T Due August. aThese are option lalet.

.

& MISGELUb.

Miscellanpoua*

Bid.

Par.

Union Switch ,& d, prel.oO
Union Typewr—Com.100
3 00
100
2d preferred
100
Common..
Glass—
U8
100
Preferred
100
U 8 Projectile Co

Ist preferred

t

59
36
110
118
36
95
90

Aik.
68

374
113
133
87
105
IOC

M

30

Pneum.Horse Coll. 1 t
4
Wagner Pal. Car-See Stk Bxch.

list.

70

Westlngh Air Brake. .50 +190

105

37W

Wisi DnCentral

U.S.

.

.

Bid.

Ask.

Brokers' Qu otaMo
Morris*.. 300

160

95'

310
200
500*
.....

1074

475
130*
180
300
310
Seaboard .... 375
550
Second
170
Seventh
105
Shoe 4 Le'th 08
335
State*
State of NY* 128
12th Ward*.. tl30
83d Ward*... 100
Union.
., 600
Union Sq*.... 310
West Side*.. 375
336
Western
Yorkville*.. 210
Plaza*
Prod Bxch*..
Republic ....
Riverside*.
.

Bedford* .... 316
190
200
Broadway*
Brooklyn* .. 1104
9h
8th Ward*...
104"' 107
5th Ave*....
315 335
First
Hamilton*... IU4
Kings Co*.... 100
260
Manufact'rs. 350
Mechanics*.. 2004
Mech 4 Tra*. 280
Merchants'. 110
285
Nassau
880
Nat City
North Side*.. 170
196
People's* .... 190
.

Banks.
Brokers'

New Amst,*.. 590
New York Co. 1500
N Y Nat Ex.. 116
New York.... 246 865
19th Ward*.. 100
80
Ninth
North Amer. 300
190
Oriental* ....
190
Pacific*
Park
Peoples'* .... 825

4g— Sse St ockBx

Qu

Hit.

Bid.

Aik.

otati

jns.

Scherm'rh'n* 150
17th Ward*. 115

140

Mutual*
Nassau*

t

118

Feb.'9b

Mt

Price per Bhare.

107

128

Banks.

Banks marked with an astorlsk

accrued

11041134

137*

.

140

1104 1134

Jaa.'OO

110
95
* 93

BR'KLYN.

Hlde4L'ath|l20
iiao
Home*
Imp 4 Trad 589H

30

lis

1164
1344
134U

108

Phentz

Continental IsiS
Corn Bxch*.. 385 360
Domed. Excb 105 115
Bast Hiver.. 130
11th Ward*. 150
Fifth Ave*.. 8600
Fifth
385

111

113
"9 138
138

Apr'Orf

10

^

1064 1104

108

60
68

354

1

7
10

roe

As>
10
75
76

1st 6s

110«

lOSM 110
1094 lQ9\i

1938

Texas4Paclflo Coal. 100
68
Ist 6s 1908
A40 «1074
Title Guar 4 Trust. .100 300
Trenton Pott— Com.. 100
9
Preferred
100
Trow Directory-New. 100 48
Union Steel 4 Chain

HOW

1069<

«

Aug'wo

i9i

Bid.

1064

3

• t •

U04

111

108

99

Dec'99

Feb.'Oti

L otfs dep coll tr B...
StLIM4Sonew30y4B (wl)

80
138
45

113
• ••»

110

• •

1094

Ore Sh

Sieoal.50 t

1134110

6
• •

Nov'98
Apr'99

UNLISTED BONDS.

4

Jan.'00

ioa>a 103).

118
110

.1919

80 c"arollna^448* 20-46". 1933

Preferred
Union Switch

32
102

..

1064

Small

MIgcellaneouB. Par.
Term Wareh— Stock.. 100

1004 107)
1014 108J,

1099/ lOeji Jan.'OO
Sale 1104

100
100
100
119

1906
1906
Currency funding 48... 1920
3-658.1924
Columbia—
DIstof
Louisiana—New oon 48..19I4
Small
Missouri- Funding. ..1894-95
Nortfl Car— Consol 4s ... 19 1
48

|

6

112i«
J'ne'99

11U)(

Jan.'00

113
WlscCea l8t4s (wl)
Due May. i Due April. Bonda due January.

Ask

110

1009^

111
105
108
103

B58

let 48

116

lUJi

Sale

Small

^

Attg'99

1094 1104 110
110
1144 Sale 1144 1'44
IU4 114?< 114^ 114%!
l3iU 1384 1834 .Jan.'OO
133M Sale 133«1 134
112 112M liajg Jan.'OO
LIS4II4 113Ji 113J6

8TATB 8BCURITIB8.
Alabama— ClasB A 4 to 5.1906 J-J

Ag

110

lai

108

daily record see sevrnth pa 0« P receding.')

28 registered. . .. Optional
1918
38 registered
38 coupon
1918
38 reg small b.nds.l9l8
3BCOU small bonds. 1918
19U7
4s registered
1907
48 coupon
registered
1925
48
1925
48 coupon
1904
5b registered
1904
5b coupon

C

13 101
103
96

109

1024 May'99

.

MutUnTelBf'd

D

107

Aug'99
108

10 M
!'>!*(
101 Jan.'00

1875-1900
1884-1900
1884-1900
Registered
1938
Col trust our 5s

Debenture

lOlU 181

Jan.'OO

107
108

(Given at foot of 7 consecutive ^kqt^s).— BANKS

Madison Sq. Garden— 100
M4N
2d 6s 1919
50
Maine SS

Stat

9'.

33

Registered

. .

106H 104 Dec '98
113" NoV'96

Sale

Vermont Mar lat s f 58.1010
West Union deb 7s. .1875-00

Tenn—New settlem't 38. 191

Apr '97

RoyBakPowpf
^% Rubber Goods Mfg

62
64
Bxch. list.
Do
do
pref.
56
60
Do
do bonds. JlOO 1024
Iron Steamboat
100
4
6b 1801
47
j&j
55
John B Stetson—Com.100 00
Preferred
loo 1174
Jonmeay 4 Burnliam.lOO
Preferred
loo
30
KanC. P. 4 Gulf, new...
8
Do
preferred
35
Do
bonds, 3s
65

Kniokerb'r Ice(Chlc)-aee
Lawyers' Surety
100
Lawyers' Title Ins. ... 100
Liberty Silk Mills Prf.lOO

Hangt

Last Sale.

00

Procter 4 Gamb Ist g 6b. .'40 J -.1 *108
Rooh4 Pit C4 1 pur m 5s 9 46 M-N
8t L Ter Cupplea Station 4
PropCo Istg 448 5-20 yr'17 J-D
8 Yuba Wat Co con g 68. .'?,3 J-J 106
8p Val Wat Works Ist 68. '06 M-S
84
Stan Rope 4 T Istg 68.. 1946 F-A

MetrWSBl(Chlc)

Bid.

Sm 4 Wlen..ld6
4 Wostern TraA8.50 t 40
Fidelity 4 Casualty... 100 250
Fidelity 4 Dep (Bait).. 50 t200

Range or

A»k Low.

F-A

Atch Col 4 Pao 6s tr ctfs.
Atch J Co 4 West 68 tr ctfs.

104}<

(HB)-l8tpreM00 101

8d preferred
100
Common— See St.Ex. list
Clark MUe Bad Thr'd.lOO
Ooniolld Car Heating.lOO
Oonsol Flrew'ks-Com.lOO
Preferred
100

113

Nov'99

'

300
65
OeUnloldCo
100
87
Oont Flrew'rks—Com.100
18
Preferred
100
61
Obateangay 0re4 Ir 6s '15
30
Otaei 4
Grain Bl— Ino.
10
41.
70
Ohesebrough Mfg Co. 100 340
Olaflln

90

113

107
80
96

»6

OUTSIDE SECURITIES
Mlsoellaneoua. Par,

90

95V<Jan.'97

*No prioe Friday; these are latest bid and asked this week,

BllBB

174 23%
1C84 no

10

21
Oct.'99
Oct.'99

90

A-O 100
J-J
M-S lio'
M-N
J-J 100
A-O
J-J
F-A 106
J-D *103
J-D * 96
A-O •
M-N
M-N 36

T4Tl8t8f g 58.1918 M-N
Met
nt Un Tel Co. See Wn Un
Colstges'So M-N
8tarchMfg
NatwptNewsS&DD
58.1990 J-JS
NY AN J Tel gen g58oy.'20 M-N

n

WeeK'n

>»
Y 4 OntLaad Istg 88.1910
[^oWesluTeieg. See VVest.Uu.

Class
Class

DeBardelC&I. Se«TC&I.
el

167

5.

fYiday,
Jan. 26.

Wh

1044

104

103!^ Sale

Ool Fael Co gen gold 68.1919 M-iX
Ool F * I Co gen 8fg5s.l943 F-A
Oom Cable Co Istg 4b... 2397 -J
2397 § -J
&«gistered

D«t M&M

Page

(5 pages)

BONDb.

1074 lll«
1044 1074
106
1074
103 108M

Aug'99
Deo '99
Mar'98

107

iSaie

131

Dec '98

-J

1909

off.

180
106

1094 Feb '97

J-J
F-A

J

Bee '99
109M Apr'9»
106^ Nov'99

«

111^ Apr'«9
1044 Oct.'99

86

lU

98}i

1074 lltM
1204 ia<
10^'^ 1094
1064 1074

105

. .

Noucum

1004 104

48

110

108

106

sa

klnFerryCo lstcong5s'48
Bk'n W A W H iBtg 5b 1945 F--^
. lah Coal Mln. See T CI & H.
vyhlP To 4 atYd col g 58. 1 91 J-J

Oleajf Bit Coal.

1064 111

10

105

110
131

104)<
103

deb g

fl

10

110

104

99 >i Sale
110
....
120 123
106
.....
103 106
186

*104

MI80BLLANBOD8 BON DS.
M-S
Adams Bx—Col trg4s.l948
88... 1900 Qu-F
Oil

no

•

108«
106
103
FCh l8tgug68.'05 J-J

IqG*

'l204

. ...
.

'

I94t J-D
Pnrohate mon g 48. . . .1 » *» F-A
Kd Bl III iBt oonv g 5i..l»10 M-8
iBtoongSB
••••???? J-J
Peo Uas & O iBtgu g 6b. .1904 M-N
1904 J-D
sd gtd g68
1943 A-0
lit oonsol g 88
947 m:-8
aefnndtng g 58
}
1947 M-8
KeglBtered
Oh Q-L & Cke l8t gu g 6s'37 J-J
Oon Q Co of Ch Istgu g 5s'36 J-D
.

109

prices

.

..

N. Y. STOCK EXOHAN'^ F
Wbbk Ending Jan. 26.

Low Btgh

Ifo.

113

113

1919 Q-Ft
Small bonds
If nt Fuel G»8 Co See PeopGas
Registered

3.

.,

300
Sprague
26th Ward*.. 140
120
Union*
Wallabout*.. 105

145
115

Trust Cos.
N. Y. CITY.
Atlantic Tr.. 190
Bankers' Tr. 198

ao2

ai.RltyB4T 250
Central Tr'st. 2050
• «••
400
City Trust...
400
Colonial
Continental 375
.

Farm Ln 4Tr 1440
450
Fifth Ave Tr 400
Guaranty Tr 609

700

lnt'l.Bkg4Tt 13S
Knick'rD'ok'r 376

350

390

800
Mercantile
300
Merchaats'
Metropolitan
MortonTrust 400

426

Manhattan
.
.

N Y L I 4 Tr 1425
N Y Sec 4 Tr 630
North Amer. 148
Produce Ex. 126
Real Est Tr't 300
SI>iudardTr't 810

*

155*

136

t350
1964 t303
t300
1376 1435
550
500
t
Unix. States.. 1640
Wasnington 300 310

.State Trust.
Tr.Co.of Am.
Tr.Oo.ofN.Y.
union TrusL.
U 8 J^ltg 4 Tr.

BR'KLYN.
410
180
300
280
345
L lai L 4 Tr, 253
S30
Manutaot'rs 380
188
Nassau
338*'

Brooklyn Tr.
Flatbush ....
Franklin
Hamilton.
Kings Co....
.

People's

WUUamsb'gh 300

310

Purchaser also pay

(*) are State banks.
Sale at Stock Bxoh. or at auction this
{

week

—

))

.

... ...
,

THE CHRONICLE.

168

Monday,

Saturday,
Jan. 20

Jan. 22.

Sales

ACTIVE STOCKS.

Friday,
Jan. 2t>.

Wednesday Thursday,
Jan. 25.
Jan. 24

Tuesday,
Jan. 23.

Daily and Yearly Record.

Exchanges-A

Boston, PhiladelDhia and Baltimore Stock
Sbare Prices— Not Per Oentam Prices.

Railroad Stocks.

•242
300

200

185

ISS
130

•

12'^

33

34

•43H 43M 43H 43V«
•43H 43« •43^ 439< 114
125
117
116
110 116
....
119
24Vi 24H •2494 24%
2iH 24!^ 24^ 25
t2« •11« 12M 11% 11%
12!>4
•1194 laM
94
95
95
•92
95
•58
53^ 58H &2M 51% 51% 51H 51H
73><
74
739<
74!^
74?i 74« •74
20" 20 3
204 305 203 204
an4 204
649< 649i
64« 65
049^ 65
64% 65
96% 97
97
90
96M 98H 96% 96«
8 13-16
8 18-18
8% 8% 8 15-16 B
3-16 i^M
9-16
36
25M 29
29H 26?* 2594 11-16
13% 14
13ii 13«
•13V« 18W 13 15-16 14
47« 47% 47^ 47H 48« 46?:1 46)6 47
75M 75% 75>i 7594 t^M 759i
75»i 76
38
38>4
38H
38
38X 38
37H 38
15% 18
15% 18
15% 16% 15M 16

9%H

92!^

03« 92^

30«

31«

31

77

77

78

2%

5V4

117>4

119^

114

115

330

886
6

•113

116

ViH

12Ji

370
46
740

365
46

940

740

48«

103

43

43

•20M
•74

135
18

2\

75
ioi*

140

18«

12H

•43
31
•75

IM

30

33

370
•46

740

217^

219i
559i

56H
41H

41

108

102)6

5lk 61k

50H

SIX

43k 43)4
aik 23

•43

75

•135
140
179i 18k

13

152'
154«154H 164 154
154^ 165
19
20
19
•18H 19H 19y6 20
44
••
••• >••••! 43
40k
•40}<
•40M ...••• •10k
63
62
62
»
63
wa
(lale
made.
no
• Bid and aikedpiioen
•

• •

31k 22
769i

2lk

37
44
22

77)4

•7ok

77

154
19

45

/kUouez Mlnlng(Bost) 35
(Boat) "26
Arcadian
25
Arnold Mining. "
"
25
Atlantic Mln'g.
"
25
Baltic Mining..

15k

An er.OementIi (Phil)

Beth Steele.... (Phil) 60
tfoston BleoLt.(Bost)100
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
Osnten Mining. (Bost) 25

"
26
Central OU
Con. Lake Sup. (PhU) 60
60
"
Pref
60
iDsyllght Prtsm. "
"
10
St
1
State
<Dlsm
Somln Coalpf .(Bost)lOO
adUonEl 111... " 100
leoCoof Amll.(Pbll) SO
rrankllnMln'g.(Bost) 25
"
100
Osneral Bleot.
"
100
Pref
9«nE1Anto-M1(Phll) 60
"
10
'fireger Mfg....
.

Ind^yp Coml(Bost)100
"

jlntBDtU&SM

10

"

86
IManufac Rub.. (Phil) 60
"
60
Pref
Manden Col .. " 100
Mergenthaler (Boat) 100
10
Max Telephono
lileRoyaleH....

. .

7%

3k
17'

24k

ek
25H

17

1791

8

Preferred

40k

•4094

18

19% 20

63'

63

Ilk

.

2k

4

5

"

58
4

Coal

"

(Boston)
"
"

(Bait.) ....lOO

194

4291

A&O

4)i8

145

48

6s

1918

15
106

Bonds— Baltimore.
5s 102
& Pot
Atl & Ch Ist 7s. 1907 J&J 116k

299i

3k
31k
23k

Ist 68 tunnel 1911..J&J
Bal Trac Ist 58.1929M&N

Consol5s....l932M&N

5

A&O
J&D

Ch Bur & Q 48.1922 F&A J 100
lowaDlv 48.1919 A&O aioo
Chicago Juno 58.1 915 J&J aii3

114
93
100

29
25
80
34
July 14

Bid. A8k-

BONDS

Vy E ext 781910A&O

104
130

119

180

Asohalt Co 5s tr otfs

136
81

ChocOk&G gen

i03« 103

Alle

AtlCltylst58g..'19M&N 110k
BallsTerl8t5s.l936J&D 100 100«
B BoroGas lst5s.'38M&S
Cambria Iron 6s.l917 J&J io6"
Ches&D Canl8t58.' 1 8 J&J
58'19J&J

Blm&Wllm 1st 6s.'10 J&J
Income 58....2862

A&O

Eq 111 Gas-L 1st g 58.1928
& F con 58.'24
Hestonv
B Top con 5s.'25 A tO
Indianapolis Ry 4s.. 1933
C Sub B 1st 6s..'20 J&D

H&
K

108
118
110
112

• •

•#•

99% 100
1179i

106

106«

M

108H
75

Lehigh Nav 4ks. .'14 Q-J 11296
1914 Q-F
RB4sg
Gen M 4k8 g. .1924 Q-F 108

Leh V C'l Ist 5s g.'33 J&J 99k 100
Leh Val ext 4s. 1948 J&D 116
.

2d 7s
101
107
101

Chesap
Clty&Sub l8t5s.l922J&D 115k I16k
Col&Gmvl8t5-6.1917J&J 116 117k
Consol Gas 68. .1910 J&D 114k 116
1930 J&D 10891 109k
5b
Ga &Alal8tpf 581945A&0 103H 97*
96k
GaCar&NlstSs g. 1 929 J&J
GeorgiaPlst5-68 1922J&J 180
109'
108
GaSo&Fla Ist Ss. 1 945J&J
KnoxvTrac l8t5s '28A&0 102 104
Lake R El l8t«u58'42M&S 115
86k 86
Maryland Brewing 6s ...
I26k
MetSt( Wash) 1st 6s'25FA
New OrlGaB iBt 58..."Var
107"
.

99i

Edison Elec 5s stk tr otfs.
Elec& Peop's Tr stk tr ctf s

Bxt&Imp58.1932M&S 118

39

8

49 99H Deo. 31 107
72 130 Dec. 19 156 Sept. 5
Deo.
53k Apr. 35
1,905 18
3394 Apr. 8
3196 May
1*734 127k Jan.
175 Apr. 8
55 Mar. SO
328 20 Dec
30 35 Deo.
60k Apr. 8
20 38k Dec. 27 5394 June 18
Aug. 86
20 56 May 31 70

il3k

116k 118

116

70

812

Apr.

May 33

45k Mar.
28k Jily
Dec. 19 83k Aug.
15% May
i
Oct.

3994 Jan.
17
Dec. 18

2,300

114

Convertible 581908M&N

Cent Ohio 4ks g.'30 M&S
Central Ry 6s... 1912 J&J

45

East&A Ist M 5s.'20 M&N

117

Ext & Imp 8g.l901M&S 102
No BaltDlv 5S.1942J&D 118

28k
10k

74k

Del & B Bk Ist 7s.'05 F&A

Afl

BaltCPaslstSs.lOllM&N 112
Bait Fundg 58.1918 M&N
Exchange 3k8.1930J&J 113
Balt&Ohlo4sg.l935A&0
8tatl8l2d5g.l926 J&J
Balt&Pl8t68ml 1911A&0 119

32

Clfs'St Ry (Ind)con 5s.'33
Colum St Ry 1st con 5s.'33
Con Trac of N J 1st 5s..'33

100
• • •

16
19 1996 Sept. 5
14 398 Apr. 85
Apr. 88
14 108
895 Feb. 31
2596 Sept. 25
7 71k Mar. 18
Apr. S
3 63
Oct. 87
3 120

.

1

Bait

S(pt.ll
Aug. 35
3k Aug. 31
386 Oct. 6
149i Apr. 31
186 Mar. 30
122 Mar. 80

Bonds— Philadelphia

104

Anacostla

•

1st 58.'26

206

b

28
22

Oct. 11

491

WestVaC&Plsteg.'llJ&J 110k
Wll & Weld 5s. 1935 J&J 115

.

31"

3
3

14

45
84

Baltimore— Conclu'd.
West N C con 68.1914 J&J 115

aiOk

4k AtlG-Llghtlst5sl917J&D
L ctf 8 58 .J&D
7k Atl Coast
Belt Ist 58.1990M&N
iso"

23k Jan.

Ask.

i

M&N no3
M&N no3k
1914 M&8 5110
1916 M&N

6s.. '02
Torrington Ist 5s 1918,
West End St 5s. .'02

Deb

28
26
28

....100

Bid.

Ogd &L Coon 6s.'20 A&O
1920
Income 88
Rutland Ist

140 23 July
398 74 Dec.
1,545
3k July
1
Dec.
6 250
276 373 Jan.
4
Dec.
3,180
39,117 115 Dec.
164 110k Jan.
11,201 10k Deo.
Dec.
1,095 260
470 38 Dec.
108 635 Jan.
3,189 1 I9i Jan.
658 50)6 Dec.
56^ 33 Jan.
931 789< Jan.
Dec.
1,012 41

.

"

1907

6s

-

2dM

*°

NY&NEnglst7B.'05J&J JU4k

81k
Adjustment g 4s.. 1995 I 81
116
Boston Term'l 3k8 1947 8113
80
BosUnGa8l8t5B.'39J&J
1939 J4J . 62k 53
2dM58
Bur& Mo Rlv ex'pt 6g. J& J
Non-exempt 6s.'18 J&J !'-07k
1910 J&J ^100
Plain 4s
Ch Bur& N

85

(Boston) ....100
....100
"

"
39k
25
Chas City Rylst 58 '23J&J 102k
Bonds— Boston.
99)4
J*J
jlOOk
101k Cha8RyG&E159'99M&S
Am BeilTel4s..l908
CharlC&A ext58.1910J&J 106
AT&SFgeng4s.'95A&0 hoo 101
J&D
1900
68.
100k
Gas

Wolverine Min.

•

...

••••
..••

^
(Phila.) ....60

l«tmort6s.. ..1905J&J

72

1096

100
50

"

rel

''

BONDS

Ask.

.

II

•v^9^
(Phila.) 6 paid

. . .

3

Winona Mining (Bost) 35

Pref

.

lOpaid
"
(Boston) . • • 10^
(Phila.) 6 paid
(Boston) .... 100

Boston— Concluded.
New Eng Tele 68.'99 A&O JlOO

Warwick I &S. (Phil) 10
WelsbaohComl " 100

Westm

II

.

)

44
42

Bid.

. .

.100
.100
50

(Phila.) I3kpald
National Electric
New Eng. Cotton Yarn, pref.(Bo8ton)....100
....100
"
New England Telephone
"
Old Dominion Copper U
(Phila.).
Pa. Mfg. Light & Power! ...
"
United Gas Improvement It..
( Boston
United States Oil
(Phila.)
Welsbach Light 1
(Boston)
Westlngh. Electric & Mf g
.
Preferred .•••...•••..••«•«•
dividend.
I Lowest Is ex

136

•42

•

(Phila.).

American Alkali

Preferred.....

147k 1*8

*0
46

)

"

.

148" 153'

19

Boston

(

....100
Federal Steel
.... 25
"
Lam son Store Service
50
Lehigh Coal & Navigation. (Phila.)
Massachusetts Electric Cos. (Boston). ...100

135
18

25
70k
Ik
Palmetto Co.... (Phil) 25
41k
ParrottSil&Cop(Bost) 10
8k
Penn ElecVeh.( Phil) 50
"
60
Pref
"
113
50
Pennsyl Salt...
78
PennsylSteelt. "
90
"
100
PrefH
"
6k
Phil Electric H..
Qulncy Mining. (Bost) 25 142
2k
Rys Co GeneralHrPhll)
4
Rhode iBlMln.. (Bost) 25
7
5
"
Ysabel
G
Santa
6
8u8queI&S1I..(Phll)
4k
Tamarack Mln.(Bost) 25 177
16
Tidewater St. ( Phil ) 10
30
Torrington"A"(BOBt) 26
"
26
89k
Pref
3
25
Un Cop L & M'g "
31
25
Un Shoe Macb.. "
"
23k
25
Pref
96
U 8 PHorseCollKPhii) 1
2^k
Utah Mining. (Bost)4-85

MISCELLANEOUS,

. . . .

Preferred

51

101
138 138
1794 18

Osceola Mining.

'

3

Amer. Agricul. Chemical

Ik

51
•35

STOCKS BONDS
I^IACTIVE STOCKS Bid. Ask.
MISCELL.—Concluded.
aAILROADS.—Price* Jan. VSt).
NowHav l&S1I(Phil) 5
Atl ft Charlotte(Balt) 100 129
Dredg(B08t) 10
NoAmG
Bos & Maine pf.(B08t) IOC 165
25
"
Old Col Mining. "

M

36

331.

101

I

300
100
Boston AProv.
11
13
"
100
Central Mass...
63
65
100
"
Pref
<!hlo&WMlch. " 100
Conn & Passum " 100 165 I'eo"
Conn Riwr.... " 100 371
-Oonsol Tr Plttsl (Phil ) 50
"
63
50
Pref!
yilnt & Pere M.(Bost)100
"
100
Pref
32
35
<3a South & Fla.(Balt)100
91
90
"
100
pref
1st
62
64
"
100
2d pref,
-G'Tmant'n Pas8(Phll) 50 148
60
&T "
Hestonv
60
Pref
50
T "
Broad
Hunt 4
50
Pref
100
Inds Street
20
K FtS&M..(Bost)100 17
60
70
100
"
Pref
Little Sohuylk. (Phil) 60
Maine Central. (Bost) 100 180
Mineblll ASH. (Phil) 50
50
54k
JNesqnehon'g V. "
50 102
North Penn
50
Phll&Bre
60 ieo'
PhUGeTai* W.
100 372
United N J
60
"
^United Trof P.
50
Pref
West End pref. (Bost) 50 110 112
West Jer&8 8.(Phll) 50 61k
50
7S«
7k
WestNY&Pa. "
Wis Cent, new. (Bost) 100 18k 19k
49
60
"
100
Pref
WorNash&R. " 100 128

•

93

294

S9i
•••k

41

78k

• • • • •

1

Co

West End Street
MlBcellaneous Stocks.

77V4

•330

5196

61)6

7ti

101
135
18

101
135

101
138 138
17)4 18

'

IX

Ik

13

,

'21)6

•75

77H

....100

(Phila.

....100
"
(Boston) ....100
(Phila.)..... 50
.... 50
"
.... 50
"
.... 50
"
.... 50
"
(Boston) ....100
....100
"
(Phila.)..... 50
60
(Bait.) ....
.
.... 60
"
50
.
( Boston)

American Bell Telephone.
330
330 332
American Railways
4%
49i
4%
Sugar Refining
11694 1169611796 •111k H6k American
Preferredir
114
114
114 115
115
Ilk Asphalt Co of America
11
12
11)6 12
865 265 Boston & Montana
273 1285 275
60)6 50k Butte&Boston
51
51
50
750 750 Calumet & Hecla
740 745
740
2194 3lM Cambria Steel
21% 22
2l9i
• 54
5594 5591 Consolidated Gas
56
66
43
•41k 43 Dominion Coal
43
Brie Telephone
102)4 104
103
102)6 104

la

1294

(Phila.) .... 60
(Boston) ,...100
.... 50
(Bait.

Preferred

77

330

50)6

16

29i

274
48
740

103

75«
38H

30
77

4%

2196
66V4
41)6

47

32
77

Ik

.... 50
.... 50
"
.....(Boston) ,...100

U

*13«

29% Jan.
41k Deo.

(Phlla.^

.

6194 Pennsylvania
Philadelphia Traction
97

8% 8% Reading Company
9
1st preferred
2594 25)6 25 3-16
2d preferred
13% n-6%
Pacific
Union
46
48
47
74% 75k Preferred
759i
38 Union Traction
88^ 38
16H *159i 16 United Ky & Klec.

9

Dec. 19 154)4 May 18
Deo. 20 138 Aug. 5
3 43k Aug.,35
July 6
19 49
39
Nov. 17
3 125
4,934 107 Jan.
30
Mar. 9
652 22)4 Dec. 32
Jan.
827
17k Apr. 37
5%
51
90 Jan. 21 95 Feb. 6
603 4294 Jan57k Aug. 34
23 69%D30. 19 81k J&n- 26
212
May 17
4
Si 198 Jan.
Jan. 23
3 70
Jan.
1,291 61
447 92)4 Dec. 22 100k June 30
Dec. 19 129< Jan. 24
8
1,270
Mar. 23
4,500 21k Dec. 22 34
780 1196 Dec 22 18% Mar. 23
651 3894 June 21
51k Dec. 3
971 88
Dec. 18 84 Jan. 23
7
3,801 3194 Jan.
44Ji Apr. 26
2,674 1194 Dec. 21 2396 Feb. 81
Feb. 21
3494 Deo. 18 43
288 88 Deo. 18 96 July 11

155 130
10 120

••

Old Colony

203

6496
9696

-

77

11596

739

64^ 64«
98H 97
2594

& Gulf.

Preferred
Fltchburg, pref
Lehigh Valley
Mexican Central
Northern Central

Highest

Lowest.

233 238 Deo. 18 380 Jane 37
396 809i Jan. 4 1169iMay 1
227 Jan. 9 250 Nov. 9
196 170 Jan. 4 310 Oct. 37
D»c. 22 149)6 Feb. 18
3,331 115

...100
...100
...100
...100
...100
...100
...100

"

t

Choctaw Oklahoma

439i

203

303

203

93

4%

12k

619i
74V4

519i

•74

93

114H 114^ 114)4
270
47

•94«

93

Ik

331

6194

10 i"

ioi"

29i

Ik

4%

103

6196

296

12

13

Preferred

122)4 124
24
HM,
•119i 12X
96
95
61)6 61V4 Northern Pacific
Preferred
7394 7394

93

1159< 11894

219<
S49i
42)^

103

77

330

4%

50

42« 42H
51M 62

330

279

2194
*54

103

If

12!^

271
45
736

'am

8i9i

75

13k

43H 43V4
123 125«
ii% 24)4

93

31

77

117^118%

2%

93

92Hi

31

2%
Ik
330
4%

«%

(Boston).
Boston & Albany
"
Boston Blevated
"
Boston & Lowell
•
"
Boston & Maine
..•
"
Chic. Burl. & Qulncy
"
Yds.
Ohio. Juno. & Un. Stock

840

240
96

239

Range of Salet in 1899

of the
Week.
Shares

H Indicates unlisted.

240
9'^
96k 97
96
96H 96
U5H
•212
....
•243
•243
•248
•213
198 200
199 199H 199 1991^ 1989< 1989i 198!^ 300
122>^ 12294 12194 122
132^ 123
121M 122}^ 12191 122
134)4 136
•134>< 136
•134« 136
135 135
134 135
125 125 •125 130 •185 isa •126 130
•135
130
•33
34
•33
•83
34
34
•33
34
*33
34

238% 240

340

339
95^ 05

240

240

240
»S« 98

t40

LXX.

[Vol.

Consol 6s

1910 M&S
1923 J&D 116

J&D

Annuity 88

New'kConGas5s'48J&D
Pass con 58.1930

Newark
NYPhll&Norl8t48 '39J&J
Income 48... 1939 M&N
No Penn Ist 48..'36 M&N
1903J&J
GenM78
Penn gen 6s r... 1910 Var
Consol 8s c... 1905 Var
Consol 58 r.... 1919 Var
Pa & N Y Can 7s..'06 J&D
Cons 5s
Cons 4s

Penn Steel

1939
1939

A&O
A&O

116

••••

• • • • •

104

80
116
111

118

•

•••

I

197k
117k
107

93

M&N

110
107

l8t5s.'17
People's Tr tr certs 4s. '43
Phlia Elec gold trust otfs
Trust certfs 48
Ph&Er gen 5g.'20

Ch&NoMgn58.'31M&N i
106
Chi & W M gen 58.'21 J&D ? 98k
99%
Norfolk St Ist 58 '44. J&J 105
••!
Con. of Verm't 5s.'13 J&J
84)4
96' NorthCent4ks.l925A&0 110
58.'27 A&O
Rlv
let
131
Curr't
16
A&O
M
180H
15k
A&O
101k
1900
6s
D G R & W Ist 48.'46 A&O i 93
19
18
Gen M 4sg..l920 A&D 108k
J&J ioc%
6s gold 1900.
Domln Coal lst6B.'13M&S §..... 110
Ph & Read 2d 6b.'33 A&O
17k
J&J 106
6s 1904
Easfn 1st M 68 g.'06 M&8 {lis
Consol M 7b.. 1911 J&D 130
Series A 58 1926.... J&J 119
Fr Elk&M V Ist 68 '33 end ^135
Con M 68g...l911J&D 12Jk
Series B 68 1926.... J&J 119
Unst'p'd Ist 68.'33 A&O n84
Bk
Ext Imp M4B g.'47 A&O '-03k
J&J
5B.1997
109k
Trao
Un
Pitt
104
....
104
IlUn Steel oonv Ss.' 1 J&J i
116
115
Con M of '82 48.'37 J&J
97
00
PotomVall8t58.1941J&J
108
19
1
A&O
noo
3
Debenture
6b.
308
Terminal 5s g.l941 Q-B 121
3ecAvTn(Pitt8)58'34J&D 115
90
1 8t 58 g.'25 A&O
8
K
C
C&
12k
P Wll & Bait 48.1917 A&O
8avFla&We8t58'34A40 106
KCFtS&Glst7s.'08J&D {113)4 116
16
107k
16)4
CollattruBt 48.1921 J&J
8eab & Roan 58.1926 J&J 105
106
13294 12394 K C F S&Mcon 68.'28M&N no6
Pitts C&St L 78. 1 900 F&A 104
6991 70
Income.
Eleo
&
By
United
95
48..'34
M&8 i
K C M & B Ist
8496
135
1997 J&J
Am
•*
96H 98k Bead Co gen 4b,
401^
Income 5s
108
6%
Rochester Ry con 58.1930
Vlrg Mid 1st 68.1906 M&S 110
Ry&B 58.'29 A&O {108
M
111
K
C&
110
g'35J&D
SchRESldelstSs
119
1*4^ 17
2dserles6B..1911M&8
KC8tJo&CB7s.'07J&J ill6
Scran Trao lst68'33M&N
114
M&S
1916
6s..
series
3d
106
8eat& S K Ry & Nav 1st 68
2k 3k LRock&FSlBt7s.'06J&.i {
4th ser 3-4-6S.1921M&8 104
SlH 83k LB&StLlst6sg.'36A&0
Union Term'i Ist 5s.F&A
series 5s. 1926 M&S 110
6th
6-6
1936
A&O
g....
3d
M
8)4
United N J 4b.. 1944 M&S 115k
00
Va (State) Ss new.'32J&J 87
Mar H & Ont 6b...'25 A&O ills
UnTracPltts gen58' 97 J 4J
H5k 86
"12"
Funddebt2-3s.l991J&J
76
Mex Cent 48 g.. 1911 J&J } 74
t»l-50 paid.
lAnd Interest.
38
34U Va&Tenn 3d 68.1900 J&J
Istoon lnc3Bgnon-cum
196
190
Price luoiudes overdue oonpo U8.

170
46
86

91

173

• •

• • • •

• • • •

•

i

I

•

8

Syi

I

3d con Ino Ss non-oum..

• • • •

Ilk

•

13k

8B..T..

1900 J&J

• • • •

I

..

January

.

27. 1900.

. ...

..
.
.
.

THE CHRONICLE.

J

169
Latest Gross Earnings.

Intrjestm^nt

Roads.

Week or Mo

Jan

1 to Latest Date.

Oiirrent

Previous

Current

Previous

Year

Year.

Year.

Year.

AND
$
39,952
363,9.53
26,222
335.156
3,105
4,872
6,415
9,744
96.335
81,636
1,498,659
1,304,218
K. O. Pitts. & G. 4thwkMay
46.638
49.294
489,859
483.156
Kan.C.8ub.Belt Nov'mber.
62.855
62.855
52,610
52,610
L.Erie A West. l8t wk Jan
480.526
42,058
41,632
394,430
Hud..
December.
Lehigh A
Lehigh Val. RR. Nov'mber. 2,083.273 1,984,306 19,779,508 18,203,425
Leh. V. Coal Co. Nov'mber. 2.340,211 2,111,444 17,440,932 15,119,016
235,284
232,811
24,620
26,688
Lex'gtonAEast. Nov'mber.
LonglBlandRR. December. 292,051 275,310 4,493,966 4,553,962
Long Ib. Bystem. December. 296,433 279,384 4,805,807 4,830,606
112,412
90,881
5.615
6,538
Los Ang. Term. December.
63,479
33,594
26.010
49,382
Loul8.Ev.&8t.L. 2dwk Jan.
10,771
10,771
8,431
8,431
Lou.H.&St.L.. 1st wk Jan
Louisv.&Nashv. 3dwk Jan.
548,680 456,190 1,527,160 1,293,565
69,550
60,928
6,370
7,045
Macon ABirm.. December.
83,129
95,209
2,457
ManiBtlqne
5,398
December.
996,239
847,275
tMexican Cent. 3dwk Jan. 314,453 301,750
253,671
25,000
tMex.Cuern &P. July
Mexican Inter"! September 357,011 271,379 3,413,647 2,48"6[854
396,271
384.239
140,269 126,911
JMex. National 3dwk Jan.
643,441
493,536
41,249
45.174
Mex. Northern. October
76,8C0
83.100
83.100
(Mexican R'way WkJan 6.
76,800
12,540
12,760
12,540
12,750
Mexican So
Ist wk Jan
570,356
395,117
Midland Term'i. Nov'mber.
69,967
39,529
140.115
117,582
47.929
40,069
Mtnneap.A St.L. 3dwk Jan.
226,516
165,202
60,646
M.8t.P.&8.Bt.M. 3dwk Jan.
80,260
626,465
671,620
Mo. Kan. A Tex. •fdwk Jan. 227,298 241,367
Mo.Pao.AIronM 3dwk Jan. 5u5,000 469,000 1,401,000 1,348,000
55,000
19,000
19,00(
66,000
Central Br'oh. 3dwk Jan.
Total
3dwk Jan. 524,000 438,000 1,456,000 1,404,000
Mobile A Ohio.. December e548,200 e4l6,170 65,552,253 e 4,326,821
Mont.&M6x.G'f. December. 103,714 109,239 1,216,711 1,386,053
Nash.Ch.ABt.L. December. 507,028 537,090 6,117,550 5,934,206
23.498
39,462
NevadaCentral Nov'mber.
3,090
3,663
N.Y.O.&H.R.. December. 4,457,413 3,993,400 50,995,209 46,166.291
236.377
197,156
N.Y.Ont.&W.. 3dwk Jan.
76,261
89,774
N.Y.BUBQ.AW. Nov'mber. 242.896 231,379 2,362,013 2,106.919
742,802
643,736
Norfolk A West. 3dwk Jan
218.375
273,0
49,792
48,012
NortheB'n(Ga.). September
6.530
5.861
North'noentral October
772,407 669,907 5.841,971 5,406,871
847.918
720,584
North'n Paolflo. 2riwk Jan.
445,828 361,07'*
Ohio River
47,743
35,971
16,786
2dwk Jan.
21,653
Om.Kan. C At,. Nov'mber.
3^,515
39.398
Omaha & St. L. Nov'mber.
39,015
41.209
Oreg.RR.ANav. 4th wk Aug 165,460 151,773 4,248,963 4,362,852
Oreg. Bh. Line.. Nov'mber.
784.088 705,970 7,334,511 6,370,185
Pac. Coast Co.. Nov'mber.
477,020 408.707 4,761,469 4.904.880
Paolflo Mall
Nov'mber. 403,840 334,797 3,480,547 4,096.029
Pennsylvania^.. Nov'mber. 6,867,460 5.826.024 66,305,344 59,866,759
55,392
45,392
PeorlaDecAEv. 3dwk Jan.
16,199
16,785
Phlla.A Erie... Nov'mber. 593.379 492,703 4,902,755 4.193,096
Phlla.ARead... December. 2,365,428 2,006,794 24.749.877 22.095,159
Coal A Ir. Co. December. 2,568,969 2 553,947 27,979,393 21,848,047
Tot. both Co'B. December. 4,934,397 4,560,741 52,729,270 43,943,206
Phll.Wllin.AB. October
991,981
885,281 8,727.287 8,102,487
Pltt8.0.C.&St.L. Nov'mber. 1,652,986 1,473,690 16,389,868 14,754.187
Pitt8.BeB.AL.£. 3dwk Jan.
67,801
55,863
27,459
35,491
46,2f<2
Pltts.Li8b.AWn December.
49,520
3,718
4,700
55,140
Pitts. AWes'n.. 2dwk Jan.
57.290
27,570
30,690
31,304
Pitts. Ol.&Toi. 2dwk Jan.
35,381
15,652
19,142
PittB.Pa. AF. 2dwk Jan.
11.266
8,845
5,927
5,633
146,565
Total system 3dwk Jan.
161.677
48,856
60,161
RIoh.Fr'ksbAP. Nov'mber.
850.404
790,877
81,251
75,439
354,272
Rio Grande Jet. Nov'mber.
407.239
33.482
46,482
16,500
RloGrande So'n 2dwk Jan.
17,400
7,935
9,126
147,600
RloGr'de West. 3dwk Jan.
224,000
54,700
80,000
Bag. Tusc. A H. December.
143,534
138,998
10,684
11.521
70,596
St.Jos.&Gr.L.. 3dwk Jan.
57,235
23,532
21.337
344,030
Bt.L.Chl.&St.P. December.
365,110
32.964
32,083
St.L.Ken'etASo December.
77,166
96,542
9,000
8,130
379,302
StL.ASanFran. 3dwk Jan. 150.834 129,477
411,444
321,400
St.L. Southwest. 3dwk Jan.
331,400
115,800 110,100
StPanlADol.. December. 127,164 138,429 1,914,796 1,690.126
San.Ant.AA.P Nov'mber. 243,989 215,349
876,825
SanFran.AN.P December.
946,241
67,000
69,832
27,992
8. FePres.APh. 2dwk Jan.
38,914
13,348
21,033
Sav.Fla.&We8t. Nov'mber
370,059 301.438 3,603,764 3,789,137
381,543
Sher.8hrev.A8o. 4th WkDec
375,004
20.923
13,388
Sll.Bprs.O. AG. Nov'mber.
253,696
284,644
21.431
19,269
80. HavenA E.
32.714
41,869
Nov'mber.
2,851
3.170
80. Miss. & Ark. December.
8.382
12,274
80. Paciflc U0.6. Nov'mber. 5.725,436 4,963,460 55.678,715 49,578,632
Cent Pacific. Nov'mber. 1,610,289 1,436,043 16,736,356 14,700,937
Gai.Hax.<& a.A Nov'mber.
597,798 647.857 5,508,413 4,921,992
LoulB'a. West Nov'mber.
109,611 1,270,892 1,112,446
132 441
Morgan'sLAT. Nov'mber. 787,691 637,449 6,327,93. 5,740,904
306.711
267.034
N.Y.T. AMex Nov'mber.
29,451
29,794
Tex.AN.Orl. Nov'mber. 154136 154.924 1,693,282 1,546.131
So.Pao.ofCal. Nov'mber. 1,479,421 1,237,713 14,893,030 13,290,802
So.Pao.ofArlz. Nov'mber.
340,458 279,653 3,200.844 2,840,40 ^
So.Pac.ofN.M. Nov'mber.
178,110 146,681 1.790 894 1,441,340
3dwk Jan. 625,452 529,088 1,690,0 )6 1,508,033
Southern Ry
3y,956
36,672
1,448
StonyCl.AC.Mt. Nov'mber
1,394
lf>,401
16,252
8,570
Texas Central.. 2dwk Jan.
7,010
470,763
439,551
TexasA Paolflo. 3dwk Jan. 174,998 148,866
6,779
12,000
Tex.8.V.AN.W. December
134.542
92,193
4^,630
30,702
Toi.&OhloCent. 3dwk Jan.
37,42^
38,104
17,047
18,251
Tol.P. AWest.. 2dwk Jan.
102,568
97,730
30,443
32,061
Tol.St.L.&K.C. 3r1wk Jan.
Union Pao.RR.. Nov'mber. 2,127,095 1,970,425 19,877,659 17,813,540
3dwk Jan. 305,642 257,284
749,181
874.751
Wabash
161,363 2,915,905 2,510,916
197,584
W.JerseyABea'e Nov'mber.
113,142
96,146 1,185,203 1.059,283
W.V.Cen.APltte Nov'mber
589.282
630,766
65,637
66,113
Western of Ala. Nov'mber.
115.100
123,100
69 203
65,100
West.N.Y.APa. 2dwk Jan.
75.514
26.234
106,171
38,454
Wheel. A L. Erie 3dwk Jan.
36,516
12,172
39,536
14,731
Clev. C. A 80. 3dwk Jan.
3dwk Jan.
112,030
38.406
145,707
53,185
Total
253,900
249,489
97,462
Wlsoonsln Cent. 3dwk Jan.
89,790
S,573
92,751
152,479
WrlghtBv.ATen. December.
16,156
YazooA Miss Val December. 556,049 540 579 5,083,061 4,821,307
67,523
77,220
6,230
York fsoathem. Nov'mber.
7,166

Kan. C.N. W.... December.
Kan. City A Om 2dwk Jan.

RAILROAD EARNINGS.
The following table shows the gross earnings of every
Steam railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures
give the gross earnings for the latest week or month, and
the last two columns the earnings for the period from January 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Oross Earnings.

Roads.

Week or Mo Current
Year.

Nov'mber.
AairondftoK
Al». Gt.Soath.. 3dwk Jan.
ikU. Midland... Nov'mber.

AU.N.O.&Tex. Pac. Juno
N on. & N. E December.
la. & Vloksb. December.

ViokB.Sh.&P.
Allegheny Val.
Ann Arhnr
Ark. Midland...
Atoh.T.&S.Fe..
Atlanta & Char.

December.
December.

-idwk Jan.
Nov'mber.
December.
October
Atl.Knoz.&No. December.
Atlanta^ W. P. Nov'mber
At.Vald'sta<feW. Nov'mber.
AostlD&N'west Nov'mber.
. .

&
Bal. A O. Bou'w. 3dwb Jau

Danville. July
Atl.
Bait. <b Ohio.... December.

Bath AHam'nds Nov'mber.
BnmBw'k&WeBt Nov'mber.
Biiff.Booh.&Fltt 3d"wk Jan.
Buffalo & Bnsq. Nov'mber.

Bur.O.Rap.&N. 2dwk Jan.
OanadlanPaoiflc
Oent.ofOeorgi&.
Oentral N. E...
Oentralof i>r. J..
Oentxal Paoifio.
OharleBt'n&Sav
Ohattan'ga Bo..
Ohes. A Ohio. .
GhicBoi. &Q...
Ohlc.&East.Ill.
Chic. Ot. West's
Ohio. Ind. <feL..
.

3ilwk Jan.
2dwk Jan.

December.
Nov'mber.
Nov'mber.
Nov'mber.
2dwk Jan
•idwk Jan.

Nov'mber.

3dwk Jan.
3dwk Jan.
2dwk Jan.
OhlcMU.&Bt.P. 3dwk Jan.

Chlc&N'thw'n. December.
Ohlo.Peo.&St.L. December.
Ohlo.R'kl.&P.. Nov'mber.
Ohlo.8t.P.M.&0. December.
dhlcTer.Tr.RR. December.

&W. Mich. 4th wkDeo
Ohoo.Ok.&Gulf. December.
Ohio.

Oln.G.&Ports'th August
01n.N.O.&T.P. 3dwk Jan.
Oln.Ports.&Vir. December.

2dwk Jan.
Peo.&East'n. December.
OLLor. &Wheel. 3dwk Jan.
Ool. Midland.... December.
Colorado & Bo.. 2dwk Jan.
Ool. Sand'y <fc H. 3dwk Jan.

01.0in.Ch.&8t.i.

Orystal

October...

Oumb'l'd Valler Nov'mber.
i)env. A Rio iiT 3dwk Jau
Det.G.Rap.&W. 4th wkDec

Maokinac
Onlath S.S.&AU
UglnJol.&EaBt.
JKno*»wa* •«•««•
Knreka SprlngB.
J>et.&

Nov'mber.

^dwk Jan.
December
Nov'mber
Nov'mber.

3dwk Jan.
BvanBv.&T.H. 3dwk Jan.

BTftn8.&Ind'plle

Find.

Ft.W.&W. December,

VUnt&P.Marq.

wkDec
2dwk Jan.
Ft.Wth&Den.O. 2dwk Jan.
rtW.&Rlo 6r 3dwk Jan.
itii

Fla.Cent.& Pen.

aadB. A Att. U. December.
Georgia RR
2dwk Jan.

Ct4or(rlad(Ala.. Ist

wk Jan

Oeo.So. &Fla.. December.
Gila Val. G.&N. Nov'mber.
er.Tr'nkSyst'm 3dwk Jan.
Ohlo.&Gr.Tr. 4th WkDec

Det.Gr.H.&M.
•reatNorth'nBt. P. M. A M.
Eaatof Minn.
Montana Cent
Tot. system

Ist

wk Jan

8t>,589

Tear.

13,689
37.113
61,067

to

Latest Date.

Otirrent
Year.

185,832
118,207
786,027

Previous
Year.

192,779
105,115
776,091

147,066 1,694,789 1,447,855
170,914
790.715
88,396
78,337
687,990
77,896
71,903
697,800
697,161
265,457 227,140 3,183,015 2,669,447
36,411
31.470
98,566
84,069
16,408
18,140
120,930
113,800
4.103,655 3,886,773 42,954,065 39 875,970
255,395 156,957 1,883,930 1,418,779
35.024
400.040
28,476
325,061
56,125
66,862
591,676
531,122
16,420
6,232
117,518
18,331
13,970
365,831
49,985
42,627
323,236
2.815,467 2,511.468 30,430,623 28,524,537
123,421 116,490
370,005
349.470
6,0^9
4,978
35,884
33,217
56,728
51,992
607,508
567,021
84,298
67,282
235,321
201,847
720,224
70,643
71,849
620,849
82.526
157,586
79,908
155,488
448.000 1,497,000 1,306,000
504,0
111,879 110,142
219,181
228,900
68,495
731,9)7
62,510
643,407
1,396,723 1,221,991 13,707,905 11,551,422
1.610.289 1,436,043 16,736,356 14,700,937
47,228
44,347
609,247
607,932
1,643
1,020
3,254
2,008
261.315 212,633
472,159
394,327
4.065,933 3,980,439 41,815.975 39,536,744
349,07ti
123,000 111,000
293,105
117,425 10 (,721
338,748
293,618
74,477
55,163
138,919
105,173
750,303 661,010 2,155,279 2,026,968
3,291,889 3,272,914 41,437,098 37,151,015
105,484
79,013
974,525
856,^06
2.012,0 *8 1,882,357 20,755,434 19,655,002
794,572 947,708 10,4S8.814 9,590,993
94,131
97,681 1,235,331 1,172,130
53,855
50,425 2,251,717 1,964,657
*121,952 *145,591 *1,854.620 •1,678,559
7.473
5,912
44,757
38,975
90,914
71,106
262,134
212,225
31,115
327,653
23,583
281,269
294,985 231,518
547.321
463,036
203,003 182,371 2,082,062 1,910,014
42,316
30,939
110,073
87,849
199,9 lO 144.157 1,872,011 1,644,995
82,830
170,060
78,833
145,172
19,239
12,728
56,699
36,894
221
1,173
85,137
75.815
856,853
810,392
179,2o0 162,700
527,600
491,100
39,297
41,5 U 1,607,471 1,503,953
52,184
484,.=.01
36,351
664,422
35,812
39,944
69,213
66,928
146,895 152,956 1,792,084 1.567,263
3,386,095 2,948,480 33,614,194 30,067.558
6,246
61,83h
5,073
52,742
5,539
6.697
18,726
17,160
25,004
23.843
69,808
73,026
8,425
7,345
117.459
89,666
93,167
94,272 3,320,611 3,063,209
47,624
94,270
45,848
98,384
32,239
58,')94
32,156
70,309
8,109
11,030
30,291
20,672
1,251
927
12,910
7,674
30,948
28,902
58,529
57,113
24,647
20,2'.i2
20,222
24,647
104,301
81,311 1,053.133
968,780
28,946
365,598
442,406 382,668 1,252,482 1,080,09'?
122,108
138,22.7 3,863,755 3,650,303
17,505
16,274
16,274
17,505

December. 1,858,440 1,899,672 21,618,756 19,881,345
December. 2 33,364 244,391 3,191,483 2,655.120
December. 209,429 177,68i< 2,039,671 2,002,034
December. 2,301,233 2.321,752 26,852,910 24,538,499

B'UB'umt&K.O Istwk Jan

BvU A Chicago.
Gulf & Ship Isl.

15.399
42.933

Previous

Jan. 1

September
September

5,155
5.728

3,243
4,544

5,155

3,243

225.606

158,546

Hooking VaUey. 3dwk Jan. 105,973
176,528
61,785
273,932
HooB.Tan.AWll. September
6,581
5.455
40,404
42,894
Hoiu.ATex.Cen Nov'mber. 448,424 444,195
minolB Central. December. 2,674,448 2,560,585 29,9-9.777 27,630,274
ed.Deo.AWest September
62,748
52,345
400,044
441.057
0.111. A Iowa. Nov'mber.
90,514
63.247
768.281
938,488
liUkOtJYorth'n. 3dwk Jan.
76,435
75.771
218,352
207,179
Iliiteroo.

(Mex.)

Wk

Jan. 6

Iowa Central... 3dwk Jan.
IronBaUway... December.

Kanaw'aAMloD 3dwk Jan.
K.C.F.8oott&M. 2dwk Jan.
K.O.Meni.ABir. 2dwk Jan.

74,800
41,778
6,403
14,217
92,462
32,207

66,500
40,674
4,566
12,656
73,614
30,346

74,800
117,327
63,770
43,558
178,084
60,274

66,500
113.907
50.2eO
34,6t6
145,767
56.399

.

n

. .

. .

.

i

b Does not Include the the Austin & Northwestern, the San Antonio
Aransas Pass or Houston & Texas Central system, e Results on
Montgomery Division are Included in 1899, but not for 1898. 'Figures
for December are for the railroad only.

A

t Includes Chesapeake & Ohio 80' western, Ohio Valley and Chicago
and Texas for both years. Results on Yazoo Branch excluded In
1899 but included in 1898 until July 1.
k Oov
t Mexican currency,

•rs resolts of lines directly operated east of Pittsburg.

.. ..-.

THE CHKONICLE.

170

Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the third week of January our preliminary state
ment covers 46 roads and shows 14-30 per cent increase in the
aggregate over the same week last year.
3d week of Jan.

1900.

Alabama Gt. Southern.

.

Ann

..

Aibor...

..

Bait. <te Ohio Southwest..
Baflalo Rooh. & Flttsh'i;.

Danadlau

Ch

A

iftt"

Paoiflo. .

ininots

F.n.t'f.

Ohio. Great Western
ihloaeo Mllw. A St. Paul
Cin. N. Oris. & Tex. Pao..
1

42.933
36,411
123.421
84,298
504 OOO
123.000
117,4-25

750 303

& Hook'g.

Wheel' J?-.

90.914
42,316
19,239

Rio Graude...

179.20.'

Evansy.
Evansv. <St Terre Hante.
Ft. Worth & Rio Grande

5539

Clev Lorain
Col.

<S

Sandusky

Ownvftr

ife

<b

Indianapolis.

Grand Trunk

)

Det. Gr.Hav.

& Mllw. 5

HoAblnsr Vallev..
Intem'l & Gt. Xorth'n

Iowa

Dentral.

Kanawha &

Lonlsv.

...

.

..-

Mlohlean...

& NashvUle

Mexican Central .........
Mexican National

»*lnneapoUs & St. Lonls
Minn. ST. P. &S. Ste.M..

Kansas

&

Texas
Mo. Paolllo, Iron Mt. ..
Central Branch
N. Y. ODtarto <fe Western
ITorfolk <St Western. . . .
Peoria Dec. & Evansv.
tCo.

25,034
8.109
442,406
105.973
76.435
41.778
14.217
518.680
314,4.^3

140,269
47,929
80,-260

227,298
505,0(0
19.000
89,774

273041

1899.

Increase.

9
37,113
31 470
11R,490
67,282
448.000
111.000
103,72'
661.010
71,106
30,939
12.728
162.700
6,697
23.843
11,030
382.668

6.884,153

6,022,443

&

Paoitio

..

Total (46 roadB)

...

Net Increase 14-30

o "

6.511
.

.-

1.158
1,161

2,921

59.738
44,188
664
1,104
1.561

.Bs»

*a.

92,490
12 703
13,3'i8

7.860
19,614

,

_

14,069
36,000

19.000
76.261

89 790

Texas

Toledo

^

16.500

456,190
301,750
126.911
40 069
60,646
241,367
469,00t

Wisconsin Central. ......

Pittsburg & Western
Kio Grande Western
8t. Joseph & Gd. Island
St. Louis & San Fran ...
St. Louis Southwestern.
Southern Railway

12,000
13.704
89.293
19.808
11,377

40.674
12,656

& Ohio Central...
Tol. St. L. & Kan. City.
Wabash
WheellDtr & Lake Erie.
Clevel'd Canton & So.

L. Erie...

«*a*

56 000

61,785

16.785
35.491
60,161
80.000
21,337
150,834
115.800
625,452
174.998
45.630
30.443
305,642
38,454
14,731

A

Pittsb. Bess.

«

5,820
4 911
6,931
17,016

7.'>,77l

218.375
16,199
27,459
48,«55
54,700
23,532
129.477
110,100
529,088
148,866
30.702
32,061
257,284
26,234
12,172
97,462

Decrease.

13.51?
54.646
586
8,Od2
11,306
25.300

••• »•
..••
••-

••>

•

2,195

21,357
5.700
9 6.364
26.132
14,928

• •«

•

•

1,618

.

48,358
12,22
2,559

.

••*• MW>

7,672

891,343
861.710

K

29,633

For the second week of January our final statement covers
68 roads, and shows 14*65 per cent increase in the aggregate
over the same week last year.
2d week

ot

January.

1900.
.«

Previously rep'd (48r'd8)
Burl. Ced. Rap. & North.
Chattanooga southern. .

Chesapeake

&

Ohio

& St. L..
& Southern
Duluth 80. Shore & At..
Pla. Oent. & Peninsular..
Ft. Worth &Denv. C
Ft. Worth & Rio Grande.
Clev. Cln. Chic.

Colorado

©rand Trunk
Det. Gd. H.

Kan. City Ft.
Kan. C. Mem.

&M
8.

«te

Mem

& Blrm....

Kansas Citv & Omaha...
Northern Pacific
*ltt8burg & Western.
Fe Pres. & Phoenix
Texas Central
Toledo Peoria & West'n.
West N. Y. & Penn
Santa.

t>

Increase.

4,872

28,269

623
48,682
63,467
3,997

212,t)33

3,105

55,759
21,037,040
18,251
65,100

780,443
2,618

79.9U8
1.020

434,624
92,462
32.207
445,8-28

Decrease.

«
5,63.5,654

231,518
78.833
39.944
45,848
32,156
11,003
348.720
73.614
30,346

8,4)8,515

Total (68 'oadsi

Net increase 14-65

6,387,828
82,526
1,643
261,315
29*.985
82,830
35.812
47.624
32.239
6,304

1899.

"4.132
""1,776

t3

"'

4,69*9

85.904

18,848
1,861

"i*.767

361.078
48.855
13,348
8.570

'84,75 6

17.047
59,200

1,204
5,900

7.334,167

1,114,745
1,074.348

6,901
7,685
"r,53'6

o.

40.397

Net Earnings jnonthly to Latest Dates.—The following
shows the gross and net earnings to latest dates of all Steam
railroads furnishing monthly statements. The compilation
includeB every road from which we can get returns of thus
character, and in that form is given once a month. Early returns art published from week to week, as soon as issued, but
for the convenience of our readers all the roads making rttums are brought together here in the week in which we publish oui monthly article on net earnings— say on or about the
SOth of the month.
The returns of the street railways we give by themselvis
under a separate head at the extreme end of these tabulations

— see page 173.

— Gross Earnings
1899.

Roads.
Nov.
Aflirondack .a
Jan. 1 to Nov. 30 ..

Alabama Gt.Su'Cta. a. Nov.
1 to Nov, 30
Julyl to Nov. 30....
Alabama Mldland.b.Nov.
Jan. 1 to Nov. 30....
July 1 to Nov. 30
Allegheny Valley, b. Dec

Jan.

Jan. 1 to Dec. 31....

Ann Arhor.b

Nov.

Jan. 1 to Nov. 30
Arkansas Midl'd.b..Nov.
Jan. 1 to Nov. 30...,

$

1898.

$

,

.

Net Earnings.
1899.
1898.

$

15,399
13.689
2,317
192.7 79
185.832
60.619
196,821
159,842
68,335
1,80S,022 1,58H,'299
543,659
906.522
749,826
302,051
86,559
61,067
24,736
77t>,091
786,027
139,187
3^5,520
369.302
93,570
265.457
227,140
75,608
3,183,045 2,669.447 1,105,725
153,610
129.995
46,786
1,505,958 1,345,697
402,426
16.408
18,140 def.l 1,017
120.930
112,800 def.4,527

>

$
4,028
67,920
63,777
461,949
257,022
4,917
1."18.882

85,983
90,993
1.116,448
21,978
282.286
7,230
16,016

[Vol.

— 1899

.

—

Oross Earnings.
1898.

.

LXA.

Net Eamxngs.
1899
18S8

,

Roads.
S
$
Atoh.Top. &8. Fe.b.Dec. 4,103.655 3,883,773 11,8r9,519 tl,421.150
Jan. 1 to Dec. 31 ... 42.954 065 39,875.970 1^.860.216 10.869,6 8
Julyl to Dec. 31 .. 2i,52(i,ly9 21,087,632 »9,342.681 t6,389,28l
Atl. Knox. & N0....N0V.
36,287
11,123
33,683
10.243
Jan. 1 to Nov. 30...
365.016
296.585
87,086
63.543
Atlan. & We8tPr.b..Nov.
66,862
56,125
25,846
28.377
Jan. 1 to Nov. 30....
5«1.676
531,122
232,165
206,357
July 1 to Nov. 30 ...
294,000
257,995
134,553
114,561
Atlantic & Danv.a... July
49.985
42,627
13,216
8,564
Jan. 1 to July 31....
365,831
323,236
108.S38
83.766
Austin (feNortw'nb.. Nov.
18.331
13,970
5,082
1,439
Bait. <& Ohio. b
7' 4,548
Dec. 2,815,4fi7 2,511,468 1.005.010
Jan. 1 to Dec 31.... 30,430,623 28,.524,537 8,873.548 7.351.526
July 1 to Dec 31. ...16,932,775 14,879,520 6.162,633 3,867, '88
Balt.&OhioSouth.b.July
567,752
507,234
152.665
91,395
Jan. 1 to July 31.... 3,740.748 3,922.552 1.003.672
S40.882
Bath & Hammonds. Nov.
4,978
6,099
3.244
4.178
Jan. 1 to Nov. 30....
35,884
33,217
19,102
15.068
July 1 to Nov. 30...
23.179
24,97 6
16,091
14.237
Bost. Rev. B. & LynnOct. 1 to Deo. 31....
57,652
81,651
8,849
6,729
Jan. 1 to Deo. 31....
341.201
273,927
74.917
60,026
Brunswick AWeRt.b.Nov.
.^6,728
51,992
14.253
10.222
Jan. 1 to Nov. 30...,
607..'=08
567.021
187,613
142.494
Jnly 1 to Nov. 30...
296,961
268,780
97.990
73.437
Buft. R. &Pittbs.b..Dec.
350,867
288,854
130,298
84,866
Jan. 1 to Dec 31.... 4,074,5.*>9 3,8U,729 1,534.631 1.352,478
July 1 to Dec. 31.... "2,278,071 2,005,481
880.037
705,981
Buflalo&Susqueh.a.Nov.
71,849
70,643
38,601
20,783
Jan. 1 to Nov. 30....
720,224
620,849
325,885
207,195
July 1 to Nov. 30
352,047
192,678
367,731
104.395
Burl. Ced. R.&No.a. Nov.
427,448
441,290
133,935
135,939
Jan. 1 toNov. 30 ... 4,539,363 4,142,157 1.209,9i8 1,313,579
Canadian Pacific, a.. No v. 2,977,404 2,524,497 1,282,236 1,080.509
Jan. 1 to Nov. 30.. ..26,259,820 23,467,860 10.854,184 9,196,260
Cent, of Georgia. a.. Nov.
621,352
577,991
212,277
261,655
Jan. 1 to Nov. 30.... 5,217,752 5,060,159 1,553.196 l,6s0.172
Julyl to Nov. 30.... 2,604.111 2,596.106
982.142
924,670
Central New Eng
68.4P5
62,510
Dec.
24.432
21.830
Jan. 1 to Dec. 31....
731,907
643,409
186.138
191,631
Julyl to Dec. 31...
392.055
338,777
90,936
114,034
Cent. ofN.Jersey.a.Nov. 1,396,723 1,221,991
641,846
557,514
Jan. 1 to Nov. 30... 13.707,905 11,551,422 5,678,953 4,593,345
Central Paciflc.b.... Nov. 1,610,289 1,436,043
660,107
48S.390
Jan. 1 to Nov. bO
16.736,386 14,700,937 6,994.108 5.690,335
July 1 to Nov. 30
8,867,921 7,292,721 4,020,071 3,002,487
Char. & Savannah. b, Nov.
47,228
44,347
4.484
4,989
Jan. 1 to Nov. 30...,
609,247
607,932
110,925
149,458
July 1 to Nov. 30....
214,026
221,380
16,149
10,648
Chattan'ga South.a.Nov.
73
9,121
5.832
def.664
Jan. 1 to Nov. 30 ...
75.425
63,414 def.16,085 del6,4v8
Ohesap. & Obio.a...Nov. 1,121,445 1.020,123
348.685
342,334
Jan. 1 to Nov. 30.... 11,329,284 10.868.503 3,572,410 3.547,851
July 1 to Nov, 30.... 5,578,146 5,127,713 1,816,636 1.774,bl8
Ohlo.Burl.&Quln.b.Nov. 4,065.933 3,980.439 1,489,513 1,70\661
Jan. 1 to Nov. 30... 41,815,976 39.536.744 16.019.174 15,149,739
July 1 to Nov. 30.. ..21,738,745 19.684,992 9,039,082 8.307,713
Chic. & East. 111. b... Dec.
444,419
228,322
475,971
224,574
Jan. I to Dec. 31.... 4,898,073 4,3t3,108 2,-249,488 1,914,010
Julyl to Dec. 31.... 2.680,499 2,363,985 1,270,741 1,110,204
15?^.494
Chic. Gt. West'n. b.. Deo.
482.253
181,406
548,348
Jan. 1 to Dec. 31.... 6,389,349 5,566,509 2,131,612 1.763.702
Julyl to Deo. 31.... 3,493,553 2,971,946 1,245,034 1,037,647
138,052
74,455
Cblo. Ind.&Louis.a.Nov.
360,622
274.109
922,071
Jan. 1 to Nov. 30.... 3,532,479 3,049,4tO 1,314,365
511,199
July 1 to Nov. 30.... l,814,65c> 1,509,152
756,833
Ohio. M.&St. P.a...Nov. 4,022,686 3,500,448 1.523,971 1.595,299
Jan. 1 to Nov. 3'i... 36,971,230 32,585,4.'50 12,586,136 12,370,945
July 1 to Nov. 30.... 18,990,949 16,826,070 6,745,582 6.915.935
712,613
70^.370
ChlcR. I APac.a.d.Nov. 2,012.039 1,882,357
Jan. 1 to Nov. 30. ...20,755,43 I 19,655,002 7,557,872 7,286,137
Apr. 1 to Nov. 30... .16,050,200 14,882,502 5,889,865 5,437,228
102,754
62.491
62,912
106,936
Ohio Term. Transf.b.Nov.
710,893
678,933
Jan. 1 to Nov. 30..., 1,141,200 1,074,449
310,135
July 1 to Nov. 30 ...
523,970
506,185
323,075
35967
Nov.
193,606
166,462
48,923
Ohio. &W. Mich
398,131
468,384
Jan. 1 to Nov. 30.... 2,073,456 1,810.837
97,997
216,239
84,805
OhootawOk).* (+.b.Nov.
204,669
557,803
601,354
Jan. 1 to Nov. 30.... 1,732,669 1,532,969
119,688
101,410
01n.N.O.&Tex.P.a.Uec.
436,286
375.844
.fan. 1 to Dec. 31.... 4,825,756 4,658.994 1,520,596 1,606,176
869.658
805,247
Julyl to Dec. 31.... 2,605,274 2.470,761
4.769
29.443
25,983
4,857
Cin. Ports. & Va.b.. Nov.
53.047
296,538
257.686
84,450
Jan. 1 to Nov. 30....
36.895
132,388
51,686
Julyl to Nov. 30.... 157.367
364.151
532,060
Clev.Cm.C.&St.L.a.Nov. 1,502,558 1,249,601
Jan. 1 to Nov. 30... 14.106,994 13,330.100 4.080,029 3,524.253
July 1 to Nov. 30 ... 7,170,881 6,430,847 2,270.384 1,869,911
42,104
167.293
66,168
204,571
Peoria AEast'n. a. Nov.
397,483
516.391
Jan. 1 to Nov. 30.... 1,879,059 1,727,643
184.078
290,511
955,018
796,836
July 1 to Nov. 30....
44.784
28,453
170,323
138,833
Clev.Lor.&WheeLa.Nov.
41,169
67,714
207,553
152,335
Colorado Midland. ..Nov.
267,896
363,155
Jan. 1 to Nov. 30.... 1,672,051 1,501,643
154,581
732,429
249,068
888,032
Julyl to Nov. 30....
141,696
414,953
Colorado & 80. ..b.. Nov.
1,107,252
Jan. 1 to Nov. 30... 3,6o3,6j3
606,554
July 1 to Nov. 30 ... 1,859,137
8,725
18.678
73,108
74,312
Col. Sand. AHock'g. July
def.lSS
def.212
Oct.
1,173
221
Orystal
S 0.503
85.137
75,815
28,989
nmberland Val.b.-Nov.
232.903
810,392
300,661
856,853
Jan. 1 to Nov. 30....
352.823
849,90=4
347,938
930,677
Oen. A R. Grande, b. Nov.
8,833,990 7,926,032 3,li 52,000 3,259,067
Jan. 1 to Nov. 30
Julyl to Nov. 30.... 4,436,620 4,o58,573 1,736,113 1,720,383
29,721
138.235
145,469
37,875
Oet.Gr. Rap.* W.a.Nov.
309,155
334,669
Jan. 1 to Nov. 30.... 1,504,382 1.403,678
7,278
8,103
52.184
36,351
Detroit & Maok'o.a.Nov.
161.621
664,42-2
228.456
484.501
Jan. 1 to Nov. 30....
37,708
202.978
87.471
303,859
July 1 to Nov. 30....

148.531
Elgin JolletA E.a...Nov.
Jan. 1 to Nov. 30.... 1.645,189
782,527
July 1 to Nov, 30....

141,048
1,414,307

698,i<50

656,805

345,122

64.387

55,414
551.851
255.016

January

.

Roads.
Brie. a

Jan.

1

July

1

ureka

Qrot8 Earnings.
1898.
1899.
«D

>

Jl»

—

Net Barningn.
1899.
1898.
Jp

1 to

Nov

6,246

5,073

:-0

6',"3rt

.'42,742

30....

34,731

26,819

Nov.

Evans. A Indlanap.Nov.
July 1 to Nov. 30 ...
Evans. & T. H
Nov.
July 1 to Nov. 30....
Flndlay Ft.W. * W.b Oct.
Jan.l toOot. 31
July 1 to Oct. 31

3,506
34,635
21,988

2.043
21,374
11,908

28,373
12,147
32,978
10,278
149,^68
70,291
167,314
{>6,898
10P,553
52.324
119,405
45,816
549,046
2S6,818
635,614
235,906
7.944
2,834
12,770
1,850
74,681
2,981
98,989
12,713
35,297
7,693
49,926
10,848
275,453
72.523
FimtikPereMarq.a.Nov.
291,823
75.103
726,933
Jan. 1 to Nov. 30.... 3,040,782 2,781,964
719,605
186,360
35,983
Ft.W. ADen.Cny.a.Nov.
166.212
46.245
308,fi83
Jan. 1 to Nov. 30..., 1,460.418 1,371,000
405,002
52.595
75,749
30,038
Ft.Worth&RioG.b Nov.
49,539
179,073
496,449
Jan. 1 to Nov. 30....
444 943
231,139
266,448
July 1 to Nov. 30....
94,7g5
210,^66
153,239
HadsdenA Att. Dr. Dec.
1.251
927
400
355
Jan. 1 to Dec. 31....
7,673
5,319
12,910
2,410
Qeor<rl8.»
154,440
146,264
56,695
Dec.
41,153
Jan. 1 to Dec. 31.... 1,609,427 1.592,212
527,119
401,097
July 1 to Deo. 31
833,518
858,935 8299,193 «j265,719
Ga. A Al»bama.a..Nov.
122,056
124,031
44,536
37,228
Jan. 1 to Nov. 30.... 1,157,289 1,158,674
297,917
308.886
July 1 to Nov. 30....
19;«.465
573,469
565.271
171,616
e». South. A Fla.a.Dec.
104,301
81,311
33,013
23,686
Jan. 1 to Dec. 31.... 1,053,133
968,780
291,914
284,448
Julyl to Deo. 31....
182,9^9
585,897
486,562
149,098
GUaVal.GlobeANo. Nov.
28,946
19,299
Jan. 1 to Nov. 30....
365.598
243,619
Gr. Rap. & Ind.a... July
279,683
247,858
67.197
67,658
Jau. 1 to July 31... 1,726,240 1,513,467
440,599
352,373
Sr. Trunk of Can.... Nov. 2,008.932 1,817,008
716,363
610,396
Jan. 1 to Nov. 30 ...19,4^9,6
17,777,485 6.931,522 6,204,847
July 1 to Nov. 30... 9,818.106 8,668,504 3,598 032 3,149.347
Chlo.AGr. Trunk. Nov.
326,549
292,492
38,933
28,927
458, "219
Jan. ItoNov. 30.... 3,502,2uO 3,286.736
632,726
July 1 to Nov. 30 .. 1,581.913 1,455,011
201,394
234,414
Det.Gr. H. AMil.Nov.
91,005
80,537
24,819
15,290
Jan. 1 to Nov. 30....
882.590
920.598
243.873
199,490
July 1 to Nov. 30
431,811
441,775
170 782
126,048
Oalf A Chloai?o
Sept.
5,728
4,544
2,781
1,792
HooklDK Vallev.a....Dec.
3C7,4C5
246,743
147,037
79,247
Julyl to Deo. 31... 2,146,797 1,439,155
881,267
478,941
Houst. A Tex. Cent Nov.
446,424
444,195
209,598
218.157
Illinois Central. a:. Nov. 2,821,763 2,563,749 1,027.349
923,132
Jan. 1 to Nov. 3j... .27,285, 329 25,069,6"9 8,549,812 7,602,'^89
July 1 to Nov. 30.... 13,570,394 11,839,170 4,440,907 3,560,929
Indiana 111. A la.b.. Nov.
90,514
63,247
21,748
20,307
Jan. 1 to Mov. 30 ...
938,488
765,281
324,480
290.239
July 1 toNov. 30 ...
437,456
323,793
124,881
112,885
Iowa Central. b
Nov.
195,995
184,606
52,504
45.188
Iron Railway. b
Nov.
6,719
4,551
3,962
1,580
Jan. 1 to Nov. 30....
57,362
45,694 def.2,048
14,651
July 1 to Nov. 30....
29,759
19,953
15,699
5.138
Kanawha A Mjoh.b. Nov.
71,213
52,930
21,138
18,409
Jan. 1 to Nov. SO ...
630,693
527,530
143,242
l4.7,87>
July 1 toNov. 30 ...
309.971
258,957
81,::j52
76,507
Kan. O.Ft. 8.A M.a.Nov.
522.613
446,387
154,203
131,594
Jau. 1 to Nov. 30.... 4,860,435 4.471,130 1,515,^41 3,385,929
July I to Nov. 30.... 2,527,250 2,033,684
8:^0,991
6*6,207
Kan. C. Mem.&B.a.Nov.
155,910
145,985
61,141
51,529
Jan. 1 to Nov. 30.... 1,417,403 1,318,979
31S,679
398,564
Julyl to Nov. 30
692.514
052,082
124.820
211,691
L Erie A West'D.b.Nov. 348,671
284,208
169,107
125,283
Jan. 1 to Nov. 30.... 3,524,938 3,16l,V!48 1,591,804 1,324,053
Lehigh Valley RR
Dec. 1 to Nov. aO.. 21,570,502 3 9,742,538 4,921.673 5,769,167
Lehigh Val. Coal Co.Dec. 1 to Nov. 30... 19,211, 745 16.538,929
59.480def.4l8.709
Leilng'n A Rast.b..Nov.
24.620
26,688
6,783
8,499
Jan. 1 toNov. 3i ....
235,284
232,811
8 ,194
85,321
July 1 toNov, £0 ..
121,601
127.010
50,267
49,940
Long Island RR.b.. Sept.
472,489
213,882
579,279
168,634
Jan. 1 to Sept. 30.... 3.502,688 3,564,228
973,ti82 1,174,110
July ItoS^pt. 30.... 1,595,543 1,726,685
748,820
640,863
Longlsl'dRRSys.b.Sept.
500,843
609,627
230,026
180,720
Jan. 1 to Sept. 30.... 3,790,830 3,815.497 1,066,248 1,259,465
Julyl to Sept. 30.... 1,769,002 1,878,513
841,786
746,517
Loul8.Hen.A8t.L.blcDec
51,472
45,257
13,974
16.904
.Tan. 1 to Dec. 31....
.'97,918
492,747
123,360
193,005
Julyl to Deo. 31....
324,004
258,306
116,162
74.331
Lonisv. A Na8r)v.b..Nov. 2,''67,171 2,099,0r)4
831,461
917,742
Jan. 1 to Nov. 30. ...23,635,107 20.760.097 7,955,942 6,641,099
Julyl to Nov. 30.. ..11,761,422 9,837,260 4.098,111 3,376,565
Macon A Blrmlng.. Nov.
8,524
6.700
1,058
1,358
Jan. 1 to Nov. 30....
62,505
54,55t>
def.5,523
def.2,631
Julyl to Nov. 30 ...
31,691
28,414
739 def.2.0l4
Manlstlque...
Nov.
6,897
2,796
7.636 def.3,646
Jan. 1 to Nov. 30....
77.731
9i!.764
16,817
6,991
M«i?oan Central.... Nov. 1.426,116 1.234.523
507,938
519,460
Jan. 1 to Nov. 30 .. 14,055.729 12,209,-:44 4,559,329 3,880,103
Mex.Cu'nav'cAPac.July
25,000
def. 7,500
Jan. 1 to July 31
253,671
9,061
Mex. International Sept.
357.011
1'7.290
271.379
121,060
Jan. 1 to Sept. 30.... 3,413,647 2,486.854 1.461,456
986.166
Mexican National.. Nov.
622,268
585,630 c300,374 c292,962
Jan. 1 to Nov. 30.... 6,444,042 5,712,517 cJ. 100,410 c2,684, 951
Mexican Northern... Oct.
41,249
23,879
45,174
19.386
Jan. 1 to Oct. tsl....
643,441
265,027
4y3,536
276,991
Julyl to Oct. 31....
220.159
115,123
2i6,0J9
91,520
Midl'd Terminal, b.. Nov.
69,967
18,612
39,529
35,950
Jan. 1 to Nov. 30....
570.355
180 654
395,117
262.778
July 1 to Nov. 30....
306.777
86,729
185,447
152,069
Minn. A8t. Louls.a.Nov.
2eO,072
104,824
222,665
124,194
Jan. 1 to Nov. 30.... 2,583,778 2.027,018 1,011.743
814,563
Julyl to Nov. 30.... 1,324,666 1,024,072
458,692
581,370
M. St. P. A 8. 8. M.... Oct.
562,083
253,124
510,768
318,660
Jan. 1 to Oct. 31
3,780,149 3.473,73a 1,782,532 1,543,009
T„i„, to
»^rx„.. o,
Julyl
Oct. 31
1,868,215 1,647,352 1,008,334
749,699

—

171
/

Roads.

fl*

7R8,992
893.060
Nov. 3,336,095 2,fl48.480
to Nov. 30... 33,614,194 30,067,558 8,671,807 7,562,432
to Nov. 30... 17,167,fc01 14,567,660 5.080,150 4,375,273

SprlnjTS
1 to Nov.

Jan.
July

THE CHRONICLE.

27, 1900.J

Gross Earnings.
1899.
1898.

$

Mo.Kan.ATexaa.a.NoT. 1,303,506

$
1,261,310

Jan. 1 toNov. 30 ...11.J30.572 10.'720.432
Julyl to Nov. 30.... 6,047,732 6.717,668

Mobile Jackson & Kansas City51,253
July l to Deo. 3i....

.

.

Net Earnings.
1899.
1898.

.

$
$
482,9^3
513,982
3,406,712 3.389,482
2,147,667 2,256,927
28,183

627,041
Mobile A Ohlo.a.e... Oct.
July 1 to Oct. 31.... 1,976,770

1,407,398

207,721
637,516

178,717
517,500

39.669
Mont. A Mex. Gulf.. Nov.
1,177,902
Jan. 1 to Nov. 30.

103.289
1,305.868

20,543
280.867

27,077
420.675

504,362
181.781
5.384.486 1,740.503
956.631
2,648,767
3.090
1,439
39,462
l,8l:<
16.230
3,367
351,134
110,915
3,540 894 1,472,255
1,808,840
783,362
231,379
115,979
2,106.919 1,005,657

162,505
1.942,749
1,019,429

Nash. Ch.

A St.

L.b.Nov,

546,127

Jan. 1 to Nov. 30.... 5.610,522
July 1 to Nov. 30 ... 2,727,242
Nov.
3.663
Nevada Central
23,498
Jan. 1 to Nov. 30....

12,788
Julyl to Nov. 30....
426,327
Y.Ont. A West.a.Nov.
Jan.l to Nov. 30.... 4,467,022
Julyl to Nov. 30... 2,266,504
242,896
N. Y. Bus. A West.a Nov.
N.

398.508

Jan. I to Nov. 30.... 2.362.013
.557,523
July 1 to Nov. 30.... 1.172,800 1,03 5,968
Norfolk A West'n.a. Nov. 1,174,753 1,006,956
455.803
Jan. 1 to Nov. 30 ... 11.685,255 10 371,554 4,093.019
6,798.623 4.907,587 2,281,320
July 1 to Nov. £0
5,861
6.530
Northeastern of Ga. Sept.
1,251
49,792
48,012
Jan. 1 to Sept. 30....
1,317
15,294
Julyl to Sept. 30 ...
15,531
1,975
772.407
6^9,907
296,473
Sorthem Central. b.. Oct.
Jan. 1 to Oct. 31
5.841.971 5,406,871 1,493.178
Northern Paoiflo.b..Nov. 2,958,382 2,826,0P6 1.762,365
Jan. Ito Nov. 30.... 25,659,980 23,031,525 13,309,548
July 1 to Nov. 30. ...14,398,347 12,777,167 8,180.894
Nov.
117,415
80.601
OnioRlver.b
48,378
882,247
458.196
Jan. Ito Nov. 30 ... 1,087,644
Pacific Coast Company -See Miscellaneous Companies.

919
13,542
3,674
10-!,997

967,991
556.173
122.799
963,424
513,204
346,640
3,149,888
1.684.147
2,«07
2.205
3,278
242,973
1,509,678
1,754,292
12,553,025
7,452,914
28.324
307,653

PennsylvaniaLines directly operatedEast of Pitts. A E.. Oct. 6,076,278 6,001,778 2,637,1C0 2.244,600
89,437,884 54,040 584 17,541,507 16 972,207
Jan. 1 to Oct. 31.
Inc. 657,100
Deo.
West of Pitts. A E.. Oct.
2,700
Inc. 4.542,300
Inc. 1,267,900
Jan. 1 to Oct. 31
68.532
PeorlaDeo.AFv.b..Nov.
80.088
27.093 def. 1 308
813,320
748.90J
Jan. 1 to Nov. 30...
135,602
58,620
Nov.
59^379
492.703
Phlla. A Erle.b
254.412
170,268
Jan. Ito Nov. 30 ... 4.902,765 4.198.096 1.614 883 1.311,706
Phlla. A Readlng.b.. Dec 2,365,428 2 006.794
899,969
843,090
Jan. 1 to Dec. 31.. 24,749.877^2,095.159 9,242,4^5 9,296,172
Dec.
31....
11
July Ito
13,741,776
991,487 5,376,169 5,255,128
Coal A Iron Co. b.. Dec. 2 568.969 2,553,947
252, »35
118,529
Jan. 1 to Dec. 31. ...27,979, 393 21,848.047 1,«13,129
461. S54
July 1 to,Dec. 3l....l6,65ti,932 12,i21,376 1,515,132
803,738
TotalbothCo.'8..b. Deo. 4,934,397 4,^60,741 1,152,395
961,619
Jan. 1 to Dec. 31- .52,7^9,270 43,943,20-! 10,855,594 9,758 026
Julyl to Dec. 31.... 30,398,708 24,315,363 6,890,3)1 6,053,866
Dec
ReadingCo.b
15,752
14,584
Juiy X to Dec. al
120.028
104,^37
Total all Comp's.b. Dec
1,168,148
976,208
July 1 to Dej. 31
7,010,^29 6,63,103
Phlla. WilmABalt.b. Oct.
991,981
885,281
528,830
262 836
Jan. 1 to Oot.3l
8,727,287 8,102,487 2,834,122 2,283,922
10,393,806 9,601,563 3,353,421 2,680,421
Nov. 1 to Oct. 31
Pitts. C. C. A St.L.a.Nov. 1,852,986 1,473,690
481,074
472,635
Jan. 1 to Nov. bO.... 16,389,868 14,754,187 4,477,531 4,283,497
4.,303
Pitts Liab. A West.. Nov.
5,260
733
1,422
Jan. 1 to Nov. 30....
44,8i:0
42,563
15.905
11,926
Pltt8.Shawmut&No..Nov
28.049
Aug. 1 to Nov. 30
104,810
Plttsb'g & West'n.b.Nov.
299.723
235.346
79,451
77,912
Jan. 1 to Nov. 30 ... 3,i50,422 3,009.o72 1055,005
900,16->
Julyl to Nov. 30 ... 1.544,872 1,448,811
476,687
432.384
aioh, Fred. APot.-.Nov.
Sl.VSl
75,439
25,268
20,341
850,404
Jan. 1 toNov. 3<J ...
790,877
336,237
3a3,b77
Julyl to Nov, 30....
368.v;29
315,789
159,514
131,547
Rio Grande Junct'n.Nov.
46,482
33,482
f 13,914
f 10.044
4')7.239
Jan. 1 to Nov. 30....
354,^72 f 122,171 f. 06.281
439,341
387,979 1131,802 fll6 3d3
Deo. 1 to Nov. 30 ..
Rio Grande South.b.Nov.
51.413
47,930
26.972
27,355
455,475
4i7,187
Jan. 1 to Nov. 30....
222,414
2l9,109
July 1 to Nov. 30....
229.826
219,782
116,002
106,257
3'»1,081
«lo Grande WoHt.b. Nov.
288,098
158,682
128,203
Jan. Ito Nov. 30.... 3,532,243 3,033,39^ 1,430,523 1,145,929
July 1 to Nov. 30.... 1,906,001 1,471,341
810,914
546,160
9t. Jos. AGd. rsl.a-.Nov.
113,313
110,585
19.142
28,689
Jan. 1 to Nov. 30.... 1,262,954 1.123,292
289.338
289 819
55J,436
July 1 to Nov. 30 ...
054,727
175.556
136,565
<Jt. Louis ASanPr.b. Nov.
689,867
660,680
282,033
2*^3,518
Jan. 1 to Nov. 30... 6.960,301 6,375,403 2.858,473 2,551,141
July 1 to Nov.,30.... 3,478,127 3,098,682 1,523,457 1,305,477
8t.Loul8 Southwest.. Nov.
696.283
634,879
220,716
237,597
Jan. 1 to Nov. 30 ... 6,228,606 5,014.147 1,468,605 1,016,739
Julyl to Nov. 30.... 2,605,!580 2,607,586
813,577
737,699
St.Paul A Duluth.a. Nov.
206,653
201,289
83,93 {
69,790
Jan. Ito Nov. 30 ... 1,7^8 334 1,551,69/
613.432
454,659
982, -)34
July 1 to Nov. 30 ...
864.101
393,913
296,181
8aaAnt.AAran.P.b.Nov.
243,989
215,349
92.793
80.778
San Ft. A N. Pac.a.Dec
69,8 i2
67,000
10,090
21,637
Jan. 1 to Deo. 31
946,241
87o,825
32b.l83
351,983
Julyl to Deo. 31....
£33,119
507,891
22t>,192
2^0,944
dantaFePres.APh.Nov.
85,708
70,571
49,8*5
32.347
Jan. 1 to Nov. 30....
758,:-tl3
836.230
428.198
3«9,014
July 1 to Nov. 30....
391,250
353,951
217.480
173.934
Sav. Fla. A West.b Nov.
370,059
301,438
113,443
40,184
Jan. Ito Nov. 30.... 3,603.764 3.789,137
915.391 1.057.437
July 1 to Nov. 30.... I,b63.4<;l 1,727.824
409,339
447,860
811v.Sp.OoalaAG.b.Nov.
19,269
21,431
10.718
10,363
Jan. 1 to Nov. ;-0 ...
2s4,644
253,696
176,042
149,717
July 1 to Nov. 30 ...
123,109
121.255
71.541
75,108
Southern Paoiflo.bl. Nov. 6,725,436 4,963.460 2,278,077 1,777,470
Jan. I to Nov. 30. ...55,578,71^ 49,578,632 20,490,506 17,934,889
July 1 to Nov. 30 . 28,051,253 23,600,332 11,201,995 9,029,546
Gal.Har.ASanA.b.Nov.
597,798
547,857
183,722
207,430
Jan. 1 to Nov. 30.... 6,508,413 4,921,992 1,341,929 1,321,766
30....
7i»0,9J9
Julyl to Nov.
2,686,522 2,317,665
730,501

—

6

THE CHRONICLE.

172

—

Earnings. 1899.
1898.

Clroig

Roads.
Southern Pacl^o— Continued.
Loalsiana West. b.. Nov.
132.441
109.611
Jan. 1 to Nov. 30.... 1.270,892 1,11^446
July 1 to Nov. 30...,
511,083
563,473
M'g'n'8La.&Tex,b.Nov.
787.691
637,449
Jan. 1 to Nov. 30.... 6,327.932 5,740,904
July 1 to Nov. 30.... 3,056,783 2,742,086
N. Y. Tex. & Mb. .Nov.
29.451
29,794
Jan. 1 to Nov. 30....
267,034
306,711
July 1 to Nov. 30.
143,550
155,482
Texas & N. Orl.b..Nov.
154.924
154,136
Jan. 1 to Nov, 30.... 1,693,282 1,546,131
July 1 to Nov, 30...,
750.644
754,976
. . .

56.848
466,334
199,7t9
348.915
2,187.112
1,060,155
14,668
96.942
66,989
46.332
697,985
247,943
583,649
5,674,377
3,179,939
178.432
1,249.012
600,832
103.349
995,689

53.134
529,556
241,817
232,077
2,0:^2.171

1,060,542
14.092
142,505
81,259
58,574
593,669
336,552
435,093
4,888,069
2,356,475
110,024

AC. M.b.. Nov.

1,394
1,448
39,956
36,672
...
28.723
26.878
Texas Central. a
Nov.
48,690
68,318
Jan. 1 to Nov. 30....
306,033
350,843
Xolerto <*0. Cent. b.. Nov.
200,012
187,203
Jan. 1 to Nov. 30.... 1,839,173 1,705,316
July 1 to Nov. 30 ... .
939,755
832,130
Tal.PeoTla& West. b. Deo.
83.856
85,763
Jan. 1 to Dec. 31.... 1,023,315
979,969
July 1 to Dec. 31...,
564.457
517.801
186.548
Tol 8t. L. & K. C.a..Nov.
179,552
Jan. 1 to Nov. 30.... 1,816,999 1,933,458
Ju.y 1 to Nov. 30....
906,433
964,970
Union Pao. Ry. a
Nov. 2,127,095 1 ,970,425
ran. 1 to Nov. 30... 19,877,659 17,813,540
July 1 to Nov. 30.... 10,670,108 9,426,887
Wabash. b
Dec. 1,430,458 1,222.391
Jan. Ito Dec. »!.... 15,640,863 13.793,505
July 1 to Dec. 31.... 8,649,093 7,399,120
161.363
W. Jersey <fe Seaeh.b.Nov. 197,584
Jan. 1 toNov.30. ... 2,915,^.05 2.510,916
66.113
65,637
West, of Alabama. b.Nov.
Jan. 1 to Nov. 30
630.766
589.282
July 1 to Nov. 3C....
307,474
286,075
113.142
W. Va. C. & Plitgb.Nov.
96,146
Jan. 1 to Nov. 30 ... 1 ,185,203 1,059.283
July 1 to Nov. 30
648.068
485,006
West. V a. & Pitts. b. Aug.
33.644
35.318
Jan. 1 to Aug. 31....
226,877
248.284
July Ito Aug. 31...,
66,050
66,052
Weet.N.Y.&Penn. b.Nov.
321,171
295,463
Jan. 1 to Nov. 30
3,360,668 2,840,413
July Ito Nov. 30 ... 1,762,469 1,441.298
Wheel. & Lahe Eri e Dec.
236,21
July 1 to Dec. 3»
1.326,195
395 937
397.441
Wisconsin Central. ..Dec.
July toDec. 31
3 037.356 2,618,567
16.156
Wrlghtsv. & Tenn Deo.
8.573
15^.479
Jan. 1 to Dec. 31....
92,751
89,900
July 1 to Dec. a 1
51,682
Yazoo & Miss. Val.a. Nov
654,659
581.353
Jan. 1 lo Nov. 30 ... 4,527,012 4,280.728
July 1 to Nov. cO.... 2,374,7.50 1,883,509
Nov.
7,168
6,230
York Southern, b
77,220
Jan. 1 to Nov. 30....
67,523
40,0i0
July 1 to Nov. 30....
32,237
CI.

to Nov. 30
Julv 1 to Nov. 30.

Jan.

1

.

1

def.

717

15,175
14,541
27,068
107,309
75,043
629.5b8
345,280
17,735
274.842
149,695
25,515
374,815
153,208
934,786
8,327,810
4,836,092
388,856
4.388.847
2,481,918
16.635
863.030
26,577
234,704
121,177
38.918
404,134
178.364
9,887
49,474
17,087
1189.220

67
14.685
15,814
44,7C0
147,226
62,688
524,590
269,799
20,444
271,190
144,658
28,156
26(',572

140,688
880,769
7,724,04=)

4,286,873

283,980

683,255
33,508
221 053
121,562
34.455
341,113
150,749
17,450
97.453
29,400
114,014
826.328
460,919

347,.«540

28b-,2';3

1,543,105
986,661
2,743
24,878
14,753

l,172,15v!

452,037
1.930
23,246
10.605

after deducting taxes.
before deducting taxes.
c Deduotlngotherexpendltures for repairs, replacemer'^'' «»"' eeneraj
exnensep, netinoome applicable to Interest on bonds In November whs
$133,120, against $135,533 last year, and from January 1 to November
This Is the result lu Mexieau
30, $1,417,635, against $1,182,214.
dollare treated (according to the company's method of keeping ite
accounte) as equivalent to 80 cents in United States money— that Is,
depreciation beyonrl 20 per cent has already been allowed for.
d Gross earnirgs iuclude other income.
e In these hgures results on the Montgomery Division are included
tOT 1899, bat not for 1898.
f Tl irty per cent of gross earnings.
g After allowing for other income received, total net from July 1
to Dec. 31 was $300,139. against $296,213.

b Net earnings here given are

Does not include Austin & Northwestern, San Antonio & Aransas
Pass or Houston & Texas Central System.
k November and December, 1 899, estimated.
amounted to $187,702, against
t For Dec, 1899, taxes and rentals
$129,862, and fiom July 1 to Deo. 31, $926,901 against $841,187,
after deducting which net for Dec
1899, was $l,6zl,817, against
1

,

$l,291,2i 8. From July 1 to Dec. 31, 1899. net after deducting taxes
and rentals is $8,415,780, against $5,548,094.
t Includes (JhesaDcake Ohio & Soutnwest'n, Ohio Valley and Chicago
A Texas for all periods, but does not Include the Yazoo Branch after
July 1,1898.

Unusually heavv expenses in maintenance of way and equipment,
also payment on account of new engines, accounts for decrease in net.
il

1899
$

Blnghamton Gas

Mav
Buffalo

Dec.

to Dec. 31..

1

Gas Co

Oct. 1

Deo.
to Dec. 31...

Colorado Fuel* Iron. Nov.
July 1 to Sov. 30....
Oonsol. GasOo..N.J..Dec.
Jan. 1 to Dec. 31....

Denver Gas

&

iClec.Dec.

Mar. I to Deo. 31....
Nov.
Detroit Clt y Gas
Jan. 1 to Nov. 30...,

—

1898
$

—

—Net Earnings.
1899
18i8
*
$
4,979
23,271
41,893
103,301
229,200
803,382
2.329
€3,013
50,C44
330,491
46.577
3t5,tt85

—

NetJSarr.inO'
1898.

18S9.

17,382
140,620
2,890
26.301
21,674

20,428
166,097
3,193
27,888
23,040

..•••«••

133,629
110,750
999,153
2,296
4,095
7,062
52.107
36.961

1 to Oct. 31....

Laclede Gas-L. Co.. .Deo.
Jan. 1 to Dec. 31

Lookport Gas & Eleo. Aug.
July 1 to Aug. 31
Madison Gas & Elec.Dec.
........
Jan. 1 to Dec. 31
Apr. 1 to Deo. 31
Mexican Telephone.. No v.
4.783
13,462
11,731
Mar. 1 to Nov. 30....
103,365
47,235
116,323
Paolflo Coast Co. a.. Nov.
158,985
477.020
408,707
Jan. 1 to Nov. 30
4,761.469 4,904.880 1,338,221
Deo. 1 to Nov. 30.... 5,119.906 5,254.737 1,404,979
Paolflo Mail
*196.632
334,797
Nov.
403,840
May 1 to Nov. 30.... 2,226,015 2,595,923 *714,599
St. Joseph Gas L. Co. Dec.
6,016
66,713
Jan. 1 to Dec. 31
July 1 to Dec. 31
31.611
at. PaulGas-Lt. Co. ..Dec.
28.460
Jan. 1 to Dec. 31....
278.684
renn. Coal I. & RR..Dec.
302,140
Jan. 1 to Dec. 31
1,863,144
Western Gas Co.—
57,609
Mllw'ee Gas-L. OcDec.
~
513,530
Jan. I to Dec. 31

105,779
939,180
1.733
3,350
S.956
47,799
34.453
4,249
39,372
69,908

'

1.107,941
1,181,393
-122,572
1,027.993
7,764
63,965
34,378
27,793

273,207
74,525
792.9(<0

63,865
604,821

* After deducting "reserve fund for repairs of steamers," balance in
Nov., 1899, was .*167.517, against $93,457, and from May 1 to Nov 30,
$510,794, against $824,188. The reserve fund for depreciation and
general ana extraordinary repairs of steamers has be'-^n increased to
the standard of the Engiisb companies, i. e., five per cent upon the
value of the steamers.

Intere8t Changes and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplusabove or deficit below those charges.

1,984.829
6,710

a Net earnings here given are

-Gross Earnings.

9d. Rap. Gas-L. Co.. Dec.
Jan. 1 to Dec. 31....
Jackson Gas-L. Co... Dec.
Jan. 1 to Dec. 31....
Mar. 1 to Dec. 31
Kansas City (Mo.) Gas-

.

3,654.49.^

1,070,913
588,791
62.876
440,179
132,908
151,032
1,262,936 1,114,484
5 646
3,985
30,9i»3
49.357
33,2 dl
22,540

Hiseellaneons Companies.

Qross Earnings.
1899.
1898.

.

May

LXX.

[Vol.

Net Sarningt.1898
1899.

.

8o. Pao. of Cal.b..Nov. 1,479,421 1,237.713
Jan. 1 to Nov. 30.... 14,893,030 13,290.802
July 1 to Nov. 30..., 7,661,033 6,178,851
«0. Pao. ot Ariz.b..Nov.
279,653
340,458
Jan. 1 to Nov. 30
3,200,844 2,840.402
July.l to Nov. 30..., 1,449,581 1.1.52,883
360,452
ao.Pao. of N. M.b.Nov.
178.110
79,415
146,681
Jan. 1 to Nov. SO
1,790,894 1,441,340
July 1 to Nov. 30....
46;i.610
28i!534
801.563
591,826
Southern Rallw'y.a.,Nov. 2,805.075 2,522,904
895,328
952,449
Jan. 1 to Nov. 30.. ..25,474,518 22,943,290 8,070,048 7,044,90^
July 1 to Nov. 30.. ..13,152.'/ 88 11,744,432 4,481,786 3,850,145

Stony

*

.

4,491
18,869

115,031
356,026
2.210
83,254
44,532

289,075
11,682
275.064

-Int., rentals, etc.-

1899.

Roads.
Buffalo Gas Co
Deo.
Ocr. 1 to Dec. 31

Central

New

Eng....Nov.

Julyl to Nov. 30....
Chlo.Bnrl.&Qnlncy .Nov.
July 1 to Nov. 30
Chic. & E. Illinois... Dec.
July Ito Dec. 31
Chic. R.

Isl.

Apr.
Chlo.

APac Nov.

Nov. 30
Mich.. Nov.
to Nov. 30

1 to

& West

Jan. 1
Cuoo. Okla. & Gulf.. Nov.
lev Cln.Ch.&St. L.Nov.
Julyl to Nov. 30...
Peoria & Eastern. No v.
Julyl to Nov. 30....
'>*nver <fc Rio Gr'de. Nov.
July 1 to Nov. £0
Det. Gr. Rap. & W. Nov.
Jan. 1 to Nov. 3o
Flint <fe Pere Marq..Nov.
Jan. 1 to Nov. 3u ..
ft. Worth & Den. G.Nov.
Jan. Ito Nov. 30
Dec.
Hooking Valley
(luy 1 to Dec. 31
Nov.
Ind. 111. & Iowa
Kanawha & Mich... No v.
July 1 to Nov. 30..
Kan. V. Ft. 8. * M..Nov.
.

Julyl to Nov. 30
San.O. Mem. •« Bir.Nov.
Julyl to Nov. 30....
Lake Erie & West... No v.
Jan. Ito Nov. 30....
Sept.
Long Island RR
Julyl to Sept. 30
tong IslandRR. Sys.Sept.
Juiy Ito Sept. 30 ...
Mo. Kan. & Texas.. Nov.
Julyl to Nov. 3o ..
.

.

Oct.
Mobile & Ohio
July Ito Oct 31....
Hashv. Chat. *8t.L. Nov.
Julyl to Nov. 30...,
Norfolk & Western.. Nov.
July 1 to Nov. 30...,

$
24,583
73,749
12,518
62,588
840,000
4,200.000
128,259
766,920
322,500
2,580,000
34,071
384,544
22,135
245,677
1,189,728
38,125
190,625
200,525
1.004,639
17,470
190,340
52.956
582,550
27,920
313,720
66,317
403,253
16,584
11,770
56,000
120,522
599,111

1898.

9
10.247
51.106
842,958
4,214,789
126.006
761,854
327,429
2,619,436
34,893
381.056
21,500
248,537
1,210,125
36,802
184,008
184.260
1.010,176
17.199
181,514
54,237
590,731
27.920
3U9,182

-Bal.of IfttEarn's.-*
1899.
lb98.

$
17,310
29,552
3,555
3,740
3,916
40.798
649.513
864,703
4.839.082 4.092,924
*129,377
'126.003
'469.138
•642.203
390,113
377,941
3.309.865 2,817,792
14,852
1.074
17.075
83,840
62,670
76,497
286.383
115,614
1,080.656
659,786
2P,043
5.302
70
99,886
147.262
169.297
768. 95i
752.867
20.405
12,522
144.329
127,641
20.866
19,567
144,383
128,874
18,325^
8,063
def.5,137
95,820

*8\342

*486.636
14,489
5,164
11,161
9,368
20,507
54,787
115,336
33,681
579,907
221,880
14064
14,907
47,077
78,126
79.959
133,565
65.484
103.623
65,523
718,673
680.123
873,131
*74,583
116,336
97,495
•382,482
345,855
299,417
*80,120
122,886
101,944
364,708
*469,284
313,864
285,.'i81
287,970
194.973
1,435,836 1,427,975
711.781
105,211
102,510
87.596
421,390
356,298
216,125
135,620
131,965
46,161
678,081
654,808
278,550
190,4S2
186,143
265,321
952,760
931,130 1,328,560

5.819
7,248

26,565
16,258
66,300
36,622
44,861
59,765
643.930
*133,914
'512,747
*145,60»*591,267
228,401
828.952
91,121
161,202
30,540
364,6-21

159,397
753,017

Philadelphia & ReadingDec
772,000
All ooaipanles
July Ito Dec. 31.... 4,632,000

756.154
220,019
395,148
4,536,926 2.378,329 1,626.177
3'J6.14S
331,504
169,813
302,822
Pitts. C. C & St. 1....N0V.
Jan. 1 to Nov. 31 ... 4,632,CO0 4,036,926 2,378,329 1,626,177
Pitts.

Shawmut & No.—

Aug. 1 to Nov. 30,...
Rio Grande Junot'n.Nov.
Deo. 1 to Nov. 30
Hlo Grande South ...Nov.
Julyl to Nov. 30
Gr. Isl'd. .Nov.
July Ito Nov. 30
San Fran. & No. Pac Deo.
Julyl to Dec. 31
renn. Coal I. <fe RR.Dec.
Jan. 1 to Lee. 31
8t. Jo«. <&

.

—

66,667
7,708
92,499
17.783
89.900
8.750
43,750
22,958

121.548
46,563
558,756

7,708
92,499
17,92.i

38,143
6,236
39,303
9,189

89,617
2ti,10i
5,833
10,392
29,166
131,bOtf
22,958 def.12,868
121,548
104,644
47,479
255,577
569,718 1,304,388

2,336
23,894
9.432
15.610
22.856
107.399
def.1,321

99,396
27,046
223.152

..

January

»

1

IHE CHRONICLK.

27, 1900.]
Int

re: tali

,

1899

./— —Bal.of net earns.-

etc.

1899

1898

44.013
43,831
209,874
205 8-19
22,404
22,745
134,481136, 41«
v3,6e!2
21.667
11«.735
108.333
Julv 1 to Nov. 30
117 600
128,270
(ITisconsin CeDtTal...Deo.
800,714
778.774
.lulv 1 to Deo. bi
* Aiter allowing for other tnoome received.
.

19.S15
62.124

31.318

.

140.7vi7

def.5,010

.

—

1898.

Jioads.

& OHIO Ccd Nov.
Julvl to Nov. 30 ..
Deo.
rol Peo. & Weat
Julyl to Dec. 31
W. Va. Cen. & Pitts Nov.
roledo

.

def.

13.279

I

960

17.251

10,174
1 0,773

7tt03l
*6,943
*494.339

*43.5H0
*377.280

34 014

street Railway Net EarniBjfs.— In the following we shew
Ooth the gross and the net earnings to latest dates of all Street
railways from which we have been able to procure monthly^
returns. As in the case of the steam roads, the returns of the
different roads are published by us each week as soon as received, and once a month (on the third or the fourth Saturday of the month) we bring together all the roads reporting,
as is

STREET RAILWAYS AND TRICTION COMPANIES.
The following table shows the f/; o?s earning.s for the latest
period of all street, railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the s*eam roads that is, the
3rst two coluttins of figures give the gross earnings for the
atest week or month, and the last two columns the earnings
to and including such
for the calendar year from January
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.

—

Gross
Earnings.

Week or Mo

Ry

Uur'nt Prev'us
Tear.
Tear.

Jan.

1 to

Latest Date.

Current

Previous

Tear.

Tear.

^3,848
4,755
4.440
49,303
491,563
A.tlantaRy. & Power. December.; 40.204
Augusta (Qa.) Ry. &
Eleo
Nov'mber. 14,203 16,3€0
9.407
9.91 fc
49 589
July
Bay Cities Consol
48,625
166 487 161.706
Bingliaraton St. Ry.. December. 15 077 14.83?
Bridgeport Traction December. 31,477 2H,129 365,153 S52.816
Br'klyuRap.Tr. Co.t. Nov'mber. 912,149 820,2.^7 9,678,680 8,995,545
Chicago & Mil. Eleo.. December.
7,151
2,799
Chicago Union Tract. December. 621.614 587,979 7,306,634 6,899,885
152,588
December, 13,156
9,112
120,285
3in. & Miami Val
December, 61,021 54 144 713,386 681,673
Din. Newp. & Cov
28,«i97
DltyElec. (Roine.Ga.) December,
3 346
1,899
23,508
Cleveland Electric. December. 163,147 153,902 11493 264 1,72.^.759
112,732
Dleve. Painsv. & E... Nov'mber
9.193
8,267
98 337
Dol. Sp'gs Rap.Trans. Nov'mber.
10,681
7,44 8
Columbus St. Rv.(0.) September 74 9ft( 6l.77t 575,696 568.365
Columbus (O.) Ry
December. 79.874
Dart&W'portSt.Ry. December. 18,701 "17,769
Nov'mber.; 94,16'J 91,634
Denver City Tram
Detroit Citi'n8'8t.Ry. SdwkJan. 26.738 22.0H1
79,890
86,797
Detroit Eleo. Ry
3dwk Jan 10.865 7,99.:
31,746
^3,864

/Amsterdam

St.

Detroit Ft. Wayue
Belle Isle
Total of all

.fe

3dwk Jan
SdwkJan.

Duluih St. Ry
Easton Consol. Eleo.
Erie Electric Motor..
Harrisburg Traction.

December.
December.
December.
Nov'mber.

4,220
4l,82a
21.3^9
24,367
14,384
24,723

Heikimer Mohawk II
iou&F'ktoitEl.Ry. December.
4,773
Houston Elec. St. Ry. October
18,075
Internat'i Traction—
Bnftalo Ry
Nov'mber. 113,047
Croestown St. Ry.
ofBuflfalo
Nov'mber. 43.664
6,9ii
Buffalo Traction... Nov'mber.
Buff. Bl've (feLan'r. Nov'mber.
3,644
Buff. &Nlag Falls. Nov'mber.
10,4S7
Buff'. & Lockport .. Nov'mber.
,928
Nlag. Fails & Sua
pens'n B'd^e Ry. Nov'mber.
5.637
Niag. Falls Whirl
pool & Norih'n.
Nov'mber.
267
Niag. Falls Park &
River
Nov'mber.
757
,

.

.

16,860

12,476
1?4,112
235,266

10,266
100,927
209,088

12,418
25.836

286 686

278.846

3,448
17,713

46,212
177,248

40,682
164.617

3,454
33,508

North Attleboro

December.

Lebigh Traction

December,

Lima Railway (Ohio) December.
Lorain Ht Ruilway.. October...
Lorain & Cleve
December

Angeles Railway Nov'mber.
An seles Tract.... October
Macon Consol. St.Ry. Nov'mber.
Lo-t

Los

Mass. Eleo. Co.'s
December
Metrop. St. Ry.(N.Y.) December.
Montreal Street Ry.. December.

Muscatine

St.

Ry

December.

NewburgSt. Ry
December
New London 8t Ry.. Nov'mber.

New

orleausCity

Newport News &
Pt. Ry & Eleo

'December.

12 146
9.892
4,863

158,852

139,701

'66i554

65,616

15,»5(-

3,897

50,523

4i',33"i

8,86t<

106 515

97,023
42.200
51,791
73.037

3.882
48.052
6,248
81,338
5.910
9^,629
65,673 63,753
'89,154
13,98;
11,020
133,183
5 588
6,433
347*3.30 302 164
l;^U8S41 1044162
137.681 127,768 1,676 274 1,506,217
5.284
61,9^4
57,289
6.689}
85,594
6,449
5,878
b 9,029
3.308
52.688
3,159
52.706
115 399 112,433 1,352,829 1,310.042
9,1961
6.348!

Oldj

'September
North Chicago St.Ry.; December.
Northern Ohio Tract. Deceriiber
Ogdensburg St. Ry.. December.
Richmond Traction.. December.
Schuylkill Val. Trao. December.
Sciautou Railway ..December.
Staien Island Eleo .. December.
Syracuse Rap.Tr Ry. December.
Toledo Traciion
October..
Toronto Ry
December
Twin City Rap Tran Nov'mber.
Union (N. B.-dford).. Nov'mber
United P. (feTransp.. December.
United Traction— >
.

..December.

20,450
261,692:246,692 3.042,501 2,921,425
32.9D9 30,242
1,409
19,762
1,268
22,134
15,273 12,675
5,559
4 857
63.597
70ii70
383,72-'
40,775 37.303 41«.60-<
13 03,"^ 12.598
iOl 720
203 941
458,643
53,266 44,295
509,358
89,42) ftO.774
119,363 108,720
210,977 177,622 2,286,166 1,960,929
17,166 14,30t
Inc. 22,

678

61,232 56,416
704,786 641,000
Albany Rwy. j
United Tract. (Piits.) December. 151,608!l32,631 1,688.730 1,548,446
United Tract. (Prov.i August
198.160 177,004 l,3165a4 l,lti3,400
Unit. Trao. (Reading) December
17.645 14.402 217,67';
191,500
West Chicago St.Jly. December. 369 ,812 339,81 4.264il33 3.978,460
2^
< These figures include
on Brooklyn Heights, Brooklyn Elemed and Nassau RR. for results
all periods, but the Kings County Elevated
!s included only for October
and November.
I Strike during June, July, August and September, 1899.

4,440
49,303
53,S04

Ifet

Earnings.
1898

.

)Hy9.

$

$
485

676

14,b00
15,307

13.V87
14,042

Bay Cities Con.8t.Ry. July
Jan. 1 to July 31

9.407
49,589

9.916
48,625

4,234
13,289

4,077
15,911

BlnghamtonSt. Ry..Deo.
Dec. 31....

15.077
166,487

14,838
161.706

8.089
65,142

8.699
74,172

Bridgeport Traot'n..Deo.
Jan. 1 to Deo. 31 ...
July 1 to Dec. 31

31,477
3K5,153
200.352

28,129
352,816
190,539

13,249

159,319
92,3fc5

9,32»
157.899
85,887

c7,151

c2,799

c2,919

clll

Cov.... Deo.
Jan. 1 to Deo. 31....

61,021
713,386

54.144
681,673

137,204
1427,152

129,633
1339.553

City Eleo. (Rome. Ga)Deo.

3,316
28,697

1,899
23,508

951

iia

6,471

3,237

163,147

153.902
1,723,759
8,267
98,337
7,448

64.629
525.320

68,376
677,16&
2,787
44,08a
1,25a

Jan.

Chlo.
Cln.

&

1 to

Mllw. Eleo.. Deo.

Newp.

&

Jan. 1 to Dec. 31

Cleveland Eleo. h*... Deo.
Jan. 1 to Deo. 31....
Clev. Painesv. <& E..Nov.

Jan

Nov. 30 ...
Colorado Spgs. R.T.Nov.
1 to

Columbus Railway.. Deo.
Denver tlty Tr'mw.Nov.
Mar. 3 to Nov. 30....
Detroit Cit's' St. By.. Deo.
Jan. 1 to Dec. 31
Detroit Electric Ry.Dec.

Jan. 1 to Dec. 31
Det. Ft.W.&B.I.Ry..Deo.
Jan. 1 to Deo. 31 ...
Total of all
Deo.
Jan. 1 to Deo. 31
Dry Dock E. B. & Bat.b—
Oct. 1 to Deo 31....
Jan. 1 to Deo. 31...,
Duluth Street Ry....Nov.
Jan. 1 to Nov. 30
Julyl to Nov. 30....
Easton Cons. Eleo. b. Deo.

Julyl to Dec. 31
Harrisb'g Tract'n
Nov.
Jan. I to Nov. 30

Julyl to Nov. 30....
Herkimer Mohawk Ilion.
Jan.

1 to

July

1

Dec. 31
to Dec. 31....

Knoxville Tract ion. Aug.
July 1 to Aug. 31
Lehigh Traction. a.. Deo.
Jan. 1 to Dec. 31
July 1 to Dec. 31
Deo.
Uma Ry. (Ohio)
Jan. 1 to Deo. 31....
Nov. 1 to Dec. 31
London 8t.Ry.(Can.) July
Jan. 1 to July 31
Lorain & Cleve. Ry. Deo.
Jan. 1 to Deo. 31
Lorain Street Ry
Oct.
Jan. 1 10 Oct. 31
Nov.
OS Angeles Ry
Los Angeles Tract... Oct.
Jan. 1 to Oct. 31
Macon Cons. St. Ry.Nov.
Deo.
.^ewburg Electric
Jan.l to Dec. 31
Julyl to Deo. 31

New London
Jan.

1 to
1 to

1

,493,264
9,193
112,732
10,681

19,471
254,710

79,874
94,162
91,634
940,336
878,257
125.258
108.723
1,367.184 1,196,487
48,945
39,456
462,208
401,179
19.887
16,442
212.007
184,228
194,088
164,621
2,041.399 1,781,894
160,404
631,853
21,816
213,897
112,398
24,367
156.365
24,724
286,686
146.451

159,713
645,190
17,641
192.228
95.699

4,773
46,212
25,258
14,183

25,836
278.846
160.074

1,863
38,639
3,635
41.373
35,890
325,614
64,868
682,383
17,759
160,244
8,548
90,423
91.175
933,050

44,437
166,151
9,579
99,012
52,800
9,567
69,992
9,552

27,993
251,424
51,595
584,893
15,245
134,402
6.692
74.43»
73,432
793.734
44,855
178.591
8.171
91.650
47,033

63,993

10,688
143,562
84,422

3,448
40,682
21,224

2,451
22,581
12.240

1.611
19,534
10,443

12.146
139.701
35,919
9.892
15.956

4,403
15,443
11.491
7.361
7.765
14.707
5,090
46,508
29.806
1.540
17.859
2,609

2,242
34,760
6,417
4,661
9,131
17,037
4,467
40,366
25,637
1,393
16,012
2,497
4,808
20,777
3,269
39,372
3,311
26,078
22,177
1,950
22,270
1,583
1,516
37,584
26,482

130,157.

St.Ry.—

.

14,183
13,070
4.812
17,243
5,022
9.5b9
4,269

$

,

40,204
491.563

Johnstown Pass. Ry.Nov.

1,946
115

1893.

Atlanta Ry APow'r ..Dec
Jan. 1 to Deo. 31

No. Attleb, Mass... Dec.
Jan. 1 to Deo. 31 ...
Oct. 1 to Leo. 31....

Interstate Cousol. ol

4.755
53.848
58,520

Jan. 1 to Nov. 30
Deo. 1 to Nov. 30....

Inter-St. Con.

Nia.

Johnstown Pass. Ry. Nov'mber.
Kingston City Ry
December.
Knoxville Traction.. August
Lebanon Val. St. Ry.. December.

9

Roadt.

& Frank. EL Ry.. Deo.

.

FaUs & Susp'n
Bridge
Nov'mber.
Lewist'nConn.Bdg. Nov'mber.

— Orosa Earnings. —

Amsterdam St.Ry.b.Nov.

\'ov'mbfr.

..

done to-dar.

Ifc99.

I

Latest Gross Earnings.

173

St.

Ry.Nov.

Nov, 30
Nov. 30

July
Orleans City

New

...
..

Jan. 1 to Dec. 31

—

Newport News &.01d

Pt.

.Deo.

Sept.
Ky. & Eleo
N. Y. & Queens Co.b—
Oct. A to Deo. 31
Jau. 1 to Deo. 31
Northern Ohio Trao. Deo.
Julyl to Dec. 31....
aiohmond Trao'n.b. . Deo.
Scranion Railway... Deo.
Jan. 1 to Dec. 31
Julyl to Deo. 31
a.Dec.
Staten Isl. Elec
Jan. 1 to Deo. 31
July 1 to Deo. 31....

15<^,852

42.244
13,070
17,243
34.216
30.90:<
8,S69
9,569
106.515
97,023
58,116
52.490
4.269
3,882
48,052
42,200
7,815
7,048
10,809
d 1,056
39.716
58,223
6,348
5,910
73,037
92,629
6,248
9,196
51,791
81,338
65,673
63,753
11.020
13,933
89,154
133,183
6,433
5,588
6,449
5,878
89,029
85,594
50.583
52,646
3.308
3,159
52,688
52,706
31,584
30,745
112,433
115,399
1,352,829 1,310.042

20,450

def.4,476
1,385

3,486
53,305
3.740
43,806
22,649
3,593
29,237

723
2,430
36,510
26,989

799

223

18,418
14,471
50,572
551,581

19,609
15,559
47,551
505,742

8,£90

100,279
440,566
32,959
199,216
15,273
40.775
416,607
227,759
13,035
203,941
114.682

86,918
40f,819
30,242
185,618
12,675
37,303
383,728
204,718
12,598
201.720
115,848

38,194
194,525
13,186
75,692
6,768
24,532
211,393
121,720
951
44,010
31,028

23.515
162,850
7.401
60,335
5,5S8
21,819
194,186
108,568
df. 79
29,974
42,949

142,703
509,358
89,421
385.486

122,713
458,643
80,774
339,669

59,235
205,201
29,826
186.122

54,426
194,709
39.214
16?,714

Sjrac seR. T.—
to Dec. 31
Oct.
Jan. 1 to Deo. 31
Oct.
Toledo Traction
July 1 to Oct. 31....
>

——

-

>

J

.

THE CHRONICLE.

174

—

Oross Earnings.
1899.
1898.

-

Roaag.
$
$
Twin City Rap. Tr.b. Nov.
210,977
177,622
Jan. 1 to Nov. 30
2,286,166 1,960,929
United Trao. (Pitts. Dec.
151,608
132,631
Jan. 1 to Dec. 31
1,688.730 1,548,446
July 1 to Dec. 31 _
904.677
820,098
) .

-Het Earnings. —
1898
1899.
$
$

112.358
1,230,453
«S,082
920,228
508,l.b8

88,848
1,032.651
74,102

828.952
460.402

a Net earnings here given

are after deducting taxeb.
bNet earDines here elvei) are beforp deduotlns" *»'Xf(>
c Figures for 1898 cover line from Waukeganto Highland Park only,
while those for 1899 are for entire liue from Evanston to Waukegan.
d Strike in July, 1899, accounts for decrease.
t Tases and tolls in Dec
1899, were $12,139, against $21,395; and
from Jan. 1 to Dec 31, $147,36i, against $13-,li6 After deductiug
these itenas the total nee in Oec, 1899, was 4i25,065, against $8,238
and from Jan. 1 to Dec. 31. $Z79,789. against $203,43/.
ite.* Strike in Cleveland from June to October.
,

;

Interest Charges and Surplus.— The following Street
railways, in additioa to their gross and net earnings given in
the foregoing, also report charges for interest, &c., with the
surplus or deficit above or below those charges.
.

Boads,

Atlanta Ry.& Power Deo.
Jan. 1 to Deo. 31
Denver City Tramw. Nov.
Mar. 3 to Nov. 30
Easton Cons. Elect. .Dec.
Newport News & Old Pt.
Ry. &Elec
Sept.
Toledo Traction
Oct.
July 1 to Oct. 31....
Xwln City Rapid Tr.Nov.
Jan. 1 toNov. 30 ...
United Trao. (Pitts.) .Dec.
July 1 to Dec. 31...

Int., rentals,

die.

—

1899.

1898.

$

$

10.351
129.485
30.103
244.646
7,310
3,585
25.704
101.977
70.534
747.9.6
57.421
326,680

21,438
186,292

25,353
101,387
63,386
713.t)25
52,!= 61
311,3a5

^Bal. of Ife t Mams.1899.

1898.

$
9,120
125.225
5.787
80,968
2,257
5,305
4,122
84,145
41.824
482.527
30,661
181.518

Earnings.— 'Eirniags,

Passenger earnings.
Freight earnings
Mail, express and teleg.
Car mileage
Miscellaneous

. .

Total

1897-8.

1896-7.

271
$
255,296

226
$

220
$

—

Business. The business of the past year has been satisfactory, the earnings of therailroal having shown substantial gains In all items excepting cotton, which shows a slight
decrease due to the decreased cotton production of the country tributary to your line of road, Th" traffic developed by
the western extension of your line to Weatherford has been
most gratifying. This extension was opened Oct. 31, 1898,
and in the twelve months following Weatherford grew fn
a hamlet of a few houses to a town of more than 3,500 people.
The development of Oklahoma has been steady and
rapid, and the whole Territory is in a prosperous condition
as a result of the bouatiful crops of the past three years.
All interests, however, are suffering irom the transition
state pending the carrying out of the provisions of the Act
of Congress under which the lands in the Indian Territory
will be allotted among the individual Indians.
Extension.—Dariug the year an extension to the Arkansas
line, a distance of eleven miles, was built, connecting with
the Choctaw
Memphis RR., which at the close of the
year was well advanced towards completion. The latter
has since been completed, and this company, on Dec.
Ist assumed its operation under the lease executed Jan. 6,
1899, The road has been built in a most substantial manner,
and your board see no reason to change the views heretofore
expressed as to the profitableness of this line to your company. The section of country through which the Choctaw
Memphis RR. extends has produced for many years past a
large amount of cotton and other agricultural products, and
there are at the same time large tracts of forest lands which
will furnish a heavy lumber business for years to come, both
pine and hard woods being found in abundance.
Coal Strike. Our coal business was disadvantageously affected by a strike throughout the entirf^ Indian Territory,
which was inaugurated in the month of March by the United
Mine Workers. The strike curtailed to some extent the output of your mines during the first two or three months of
its existence, and it necessarily resulted in increasing the
cost of the operation of the mines. The output of our mines
decreased from 426,53 S tons for the year 1898 to 419,813 tons
for the year 1899. The mines tributary to your road, other
than those operated by your company, increased their output from 126,645 tons to 210,198 tons.
Refunding.— Bariog the year all the prior lien 6 per cent
bonds were retired with the exception of $46,000. on which
interest has ceased.
Of the prior lien bonds retired, $591,000 were exchanged for general mortgage bonds and |363,000 were paid off. Owing to the financial conditions prevailing, a temporary arrangement to continue, pending the
sale of the general mortgage bonds, was made, by which the
amount necessary ;to pay off these prior lien bonds was
obtained.

m

&

&

—

120.166
364,219
17,586
38,329
2,740

717,956
511,728

543,041
536,017

1,22«»,684

8a7,330

1,079,057
850,450

716,902

597,791

392.355

228,607

235,204
23.000
i75,000

2 0,208

Q'JA.
ii'i
'ia.y'*

229,807

533,201
183,698

442,208
155,583

Net earnings

..

Itediict—
Interest

Taxes
Dividend
Total

Surplus

18P8.
$

1899.

A'sett—
RR., mines

s

& coal

22,000^
210,000

674,832

d42,74()

6I.93>*

58,279
38.657
1.739
307,126
10,585
2.75H
109.999

Bills receivable...

stocks

owned

Cash
To redeem bonds.

— V. 70. p.

147,0:i8

48,300
150,553

OCT. 31.
1899.

11,730,334

Insurance
Ourrent accts

225.974
229.807
166,380 def. 1.200
1S98.

Liabilitifs—

Common

11 ,934.681

45,253
1,772
221,8«3
12,125
2.777

?

•

GENERAL BALANCE SHEET

I

3.750.000
Preferred stock.. 3,999,7£0
Bonds
4,827,000

Town

3,750.000
3,999.886

fctock

4.5'i0.i00

site sales...

Audited vouch'rs.
Pay-rolls
Interest, not due.
Individ's and cos.

Mlsof'Uaneous
Profit and loss
Refunding acct...
.

.

153,339
97,103
81.269

125,216
79,021
71,350
8.130
14,703
347.652

6.S,333
14,.313

10.727
132,142

427,7('0

Tot. liabilities.. 13.160,653

12,802.112

12.8t2,112

76.

Third Aveune RB. (New York).
f Balance Sheet of Sept. 30, 1899.J

The balance sheet

Other permanent
vestments
Open accounts

in-

1.611,458
3,533,950
88,957

Cashonhand...
Total

...

was

Sapt. 30, 1899,

as follows:

Liabilities

$12,000,0C0
5,000,000
Loans & bills payable. 16,2^0,122
New stock, first issue.
160,000
Mortgages
91,000
Profit & loss, surplus..
76,744
Total

.$33,567,866

.

—

Capital stock
Funded debt

.$33,567,866

-V. 70, p. 126.

Chicago City Railway.

The number

("Report fcr the year ending Oct. 31, 1899. J

128,828
538,749
19.295
26,464
4,821

1,634,932
1,037,141

(Report for the year ending Dec.

Choctaw Oklahoma & Gulf Railroad.

220
$

1,959.092
Oper. expen*8,both dept8.1,242,lvi0

&

—

24,9*^1

20.969
8.218

567,398

Earnings both depts

Coat ot road
equlp..$18,404,743
Stocks and bonds of
other companies
9,929,258

Annual Reports. The index to recent annual reports is
omitted this week, but reports published during the last half
of 1899 can be found by reference to the general index in
last week's Chronicle, where all references to annual reports are designated by heavj' type.

191.858
821,508

1,020,648
38,104
28,992
9,087

1895-6.

1,067,534

Shops, mach., Ac.
Mater. & supplies

ANNUAL REPORTS.

have been:

1898-9.

1,352,127
606,965

Earnings mining dept

Kqulpment

13.861
61,327
25.462
319,026
21,541
14",017

etc..

Average miles operated..

estate

6,554
68.132
•• •••

LXX.

[Vol.

of passengers carried
Passengers carried.

31, 1899. J

and miles run

are:
Miles run.
Chic C'y Ry— 1S99.
1898.
1899.
1897.
1898.
Cable lines. 38.428,40=> 38,4x2,628 41,444,«-36 11,741.840 11,678,020
Horse lines.
629,346
477,313
691.051
111,470
143.900
Elec. lines.
64,195,549 57,032,173 53.485,425 14,517,690 12,563,380
,

.

.

All lines. 103,253,300 95,992,114 95,621,112 26,371,000 24,385,300

The following

table

shows the earnings, expenses,

etc., for

each of the last four years:
1899.

$4,832,806
2,926.490

1897.
$4,816,516
2,908.982

1896.
$4,808,866
2,977,208

(60-55)

(60-8 1)

(62-52)

$l,y06,316 $1,907,534
207.877
207,877
1,440.000
1,440,000

$1,831,658
207,877

1S98.

Gross earnings
$5,194,439
Op. expenses & taxes. 3,323,677
(64-02)
P. c. op. exp. to earn
. . .

Net earnings

$1,<»68,762

207,877
Dividends. (12p.c.).. 1,449,997
Interest

Balance for year.
Depreciation, etc
-V. 68, p. 1131.

$210,888
$50,000

$258,439
$90,000

$259,fi.'S7

$50,000

1,2S9,';87

$333,094
$181,568

Lake Street Elevated Railroad.
(Report for year eiidin i Dec. 31, 1899. J
President Louderback, at the annual meeting, said:
For the

first

While

time the road earned a .surplus over aU charges.

gratifying that there is any. We
only had the use of the extension part of the year, and operation was
interfered with for various reasons. As soon as we heat our cars— we
are now installing the necessary apparatus— and get the third track
built, we believe the western busloess will show a cood increase. This
third track should extend from 57th St. to Rockwell St., giving about
two miles of additional track and yards. We think we tee our way
clear to make this improvement the coming year.
this surplus Is small,

we think

it

Earnings, expenses and charges have been as follows:
1899.

Daily aver, traffic
Gross earnings
Operating expenses

Netrevenue
Taxes
Interest on bonds
Mlscellanecus interest
Loop and other rentals

1896.

$365,960 $303,456 $250,837 $231,286
$12,278
$13,743
$13,840
$18,612
215,125
22;i,655
221,677
227,605
34,566
37,745
37,667
29,874
87,177
61,954
15,707
$362,320

Total

1897.

1898.

30,208
37,266
80,766
33,946
$697,513 $633,403 $579,961 $573,669
339,383
.331.553
324,947
329,124

$335,147

$291,798

$261 ,959

$27,673
sur.$3,640
$^6,691 '$40,961
Deficit for year
*" Extraordinary " expenses in 1897, $31,880, making deficit for
year, $72,841.-V. 6^ p. 128.

Swift & Company.
(Report for the year ending Dec.

31, 1899.

The company was incorporated April 1, 1885, with $300,000
capital stock, which has since been raised to $20,000,000,
stock dividends have ever been declared, and all assets
in cash." Total dividends paid $13,782,931. From April, 1895, to July, 1898, inclusive, the dividend
rate was 6 per cent per annum; since July, 1898, 7 per cent
per annum (Q-J). The statistics for several years follow:

"No

have been paid for

«

Januaky

27.

———

J

:

THE CHRONirLE.

1900.]

1899.
1898.
1897.
Total distributive
(over)$160,000,000 (over)$l50,U00,000 $l2l,5i)M,670
sftles.
..
Ship'tH.oar loads
110,969
97,525
Dividends
(7%) $1,400,000
(6%) $882,028 (e%)$82e.O 8
MANUFACTURED PEODOCT (In pounds—00,0008 Omitted).
Othir \Tal- Buiferoil.
low. terinr.
Lard.
Wool. 'Oil. Glue. Bides, lilizer.
Sl,3
18P9.. 230,1
104,7
60.0
3,«
6,2
90,7
6,5
11,7
6,!^
3.9
5.5
61.6
90.1
86,2
1898. .19^,2
26,0
8,1
3.?.
7H,9
1897. 161,7
66.9
53,7
?,3
5,7
24.2
5,5
6a,9
1896.. 129.1
48.4
23,4
5.1
73,9
7,5
3.8
3,3
1895. .110,8
4,9
3.1
4,9
70,1
60,7
41,6
16,9
6,4
*

Neatsfoot.

t

Including grease.

BALANCE SHEET DECEMBER
t

Assets

Plants
Stocks and bonds

Cash
Insurance premiums.
Horeos, wag'.-t&h'nesa
Inv'sts, loci. branches
Accounts receivablei..

— —

31. 1895).
Litbilities.

Capital Btocli

6.470
2,086 59
1,173,084
62,412
81.763
4,412,867

$9.8.'

Bonds
Bills payable...

Accounts payable

Due connections
Surplus

$20,000,000
2,500,000
«,b79,82d
1,802, 02
'J

1,17H,2.jO

1.926.352

6,300,74**

*Due on cousignm'ts..

2,373,58.")

JSupplles. etc

1,734.612

Total
Total
$34,057,140
$34,087,140
Equity over amount drawn.
The quick assets. Including supplies, etc.. are given at $20,423,625.
cattle, sheep, hogs,
I Live
dressed beer and other products on hand.— V. 69, p. 127.
*

1

175

the capital stock and bonded indebtedness of the company
and to secure the bonds by mortgage. V. 63, p. 115.

—

—

& Maine RR.

Purchase of Stock with Bonds.
Lmse.— See Fitchburg RR. Co. below.— V. 70, p. 75.
Brooklyn Rapid Transit.- iVew Board.— At the annual
meeting yesterday the following new directors were elected:
August Belmont. H. H. Porter, E. H. Harriman, Walter Q-.
Oakman, A. R. Flower and Frederic P. Olcott. The retiring
directors are W. C. Bryant, John J. Keiley, Theodore F.
Jackson, Seth L. Keeney, John Englis and C. D. Meneeley.
The board of directors are:
O. L. Roseiter. August Belmont, H. H. Porter, E. H. Harriman, A. N.
Brady, T. S. Willlaras. Walter G. Oakman, A. R. Flower, Henry Seibert,

Boston

Du Val and F. P. Olcott.
of 450, COO shares, 434,504 were represented and voted
in favor of above ticket.— V. 70, p. 125.
Ponds.— The
Capital Traction Co. at Washington, D.
company offers by circular to shareholders of record March
1 the privilege of subf cribing to $1,080,000 of the new 4 per
cent bonds at par, in amounts equal to 9 per cent of the
stock held. The proceeds will reimburse the company for
the expenditure made necessary by the Installation of the
underground system and the purchase of new cars. The
of the $1,500,000 issue will be held in the
remaining $420,0
treasury.— V. 69, p. 954.
J.

G. Jenkins. D. H. Valentine, H. C.

Out

C—

Electric Storage Battery Company.
^Preliminary Report for year ending Dec. 31, 1899.
Chesapealie & Ohio Ry —Bill Passed.— The Virginia LegThe "Philadelphia News Bureau" quotes the statemei t islature has passed a bib authorizing the companj' to reduce
the amount of its capital stock, on vote of a majority intermade by Vice-President Lloyd to the directors as follows:
of the shareholders, in case at any time thought desirable.
est
The sales for the year ending Dec. 31. 1899, will amount to approx—V.
70, p. 75.
imately $3,500,000. an increase of nearly 3C0 per cent over 18H8.
when the business was $1,300,000. This increase has come from the
Chicago & Alton RR. Reported Pttrc/iase.— See Quincy
wider use of batteries, and it is a constantly increasing ratio. The net
& St. Louis RR. below.— V. 69, p. 1147.
Carrollton
profits on the business in l»:98 were slightly over 22 per cent; in 1899,
with a larger business, they will be, I estimate, about 25 per cent. In
Burlington & (Quincy RR.—Ca7Zed Bonds.— DenChicago
other words, the current business is earning about $250,000 per quar4 per cent bond due Feb. 1, 1922, have
extension
ver
ter, or exceeding a rate of 6 per cent upon the outstanding capital
stock. This is independent of any dividends from vehicle stock.s, been drawn for payment, viz,, seventy-eight bonds for
which at rates paid last year would give us from stocks in our Treas- $1,000 each and fifteen bonds for $100 each. These bonds
ury an additional sum of $! 0,000 quarterly, or an additional 2 per
will be purchased at par by the New England Trust Co.,
cent annually upon our stock.
85 Devonshire St.. Boston, Feb. 1, 1900, from which
trustee,
Since the enforcement recently of the injunction against infringements of our patents, opposition has practically ceased. The company date interest will cease.— V. 70, p. 75.
has at present In bank, $125,000; goods manufactured, but undelivChicago Electric Traction Co. New Securities Ready.
ered, $500,000; bills outstanding unpaid, but good, $750,Ono; total
working capital. $1,375,000. The company owes nothing except The new 5 per cent first mortgage gold bonds are now being
small current bills not exceeding altogether $60,000 and has no distributed. - V. 69, p. 1063.
bonded or other Indebtedness. The amount of plates manufactured
by the company was 10,547,771 lbs. in 1899; 5.121.625 lbs. in 1898;
Chicago Great Western Rj.—$£,000,000 New Debinture
3.607,318 lbs. in 1897. The amoutt of orders taken was $3,500,000 Stock
An extraordinary general meeting of the holders of
in 1899; $l,340,4fe9 in 1898; $1,026,925 In 1897. V. 69, p. 387.
the 4 per cent debenture stock and of the 5 per cent preferred
stock "A" was to be held in London Jan. 24 to consider thfr
Cambria Steel Company.
issue of an additional $2,000,000 of the 4 per cent debenture
{Report for the year ending Oct. 31, 1899.)
stock, to provide for the capital expenditures of 1900 for adThe results for the year were
75.
improvements.— V.

—

—

Net profits from operation
$2,486,057
Deduct 4 per cent guar, on :B8,468,000 Cambria Iron stock
338,720
Interest on $ ^,000,000 Cambria Iron 6s
1 20,000
Balance
$2,027,337
Dividends on Cambria Steel stock ($3 50 per $50 share)... $1,120,000
State taxes, legal charges, etc
98,960
Balance
Received from Cambria Iron Oo. in 1898

$808,377
394.752

Total to credit profit and loss Oct. 31, 1899

$1,203,129

During the year $1,333,000 was spent and charged to per
manent improvements. The balance sheet shows assets of
$6,036,538, m which stock and materials figure at $2,316.653.

Bills receivable are $2,467,828; bills payable, $1,05! ,000.

The capital stock is $16 000,000, in shares of $50 each, of
which 3 per cent was paid in Dec. 1, 1898, and 3 per cent
Dec. 1, 1899, and a further 3 per cent is payable Feb. 1 from
the dividend of $2 per share then distributable. This last
dividend is not included in the above tabulated statement.—
V. 70, p. 78.

Central Union Telephone Company.
{Report for year ending Dec. 31, 1899.)
Earnings. The earnings for three years were:

—

and
70, p.
Chicago Junction Railways & Union Slock Yards Co.—
John A. Spoor, heretofore ViceOfficers of Operating Co.
President of the Union Stock Yards & Transit Co., has been
elected its President, A. G. Leonard becomes. General Manger and C. D. Moyer, Secreta'-y and Treasurer. Lafayette
Funk, L. B. Doud and F. S. Winston are new members of
ditions

—

*

the board.

& Cripple Creek District Hj.—New
road, referred to in the Chronicle ot Jan. 13
last, will, we are now informed, be 60 miles in length. Of this,
7 miles, between Cripple Creek and Victor, are now operated,
and 48 miles additional are expected to be completed about
Oct. 1 next. Of the $2,000,000 thirty-year five per cent gold
J. at Central
bonds, dated Jan. 1, 190 », interest payable J.
Trust Co., N. Y., trustee, $1,300,000 have been sold. Beginning Jan. 1, 1902, a sinking fund amounting to 5 per cent of
the gross earnings for the preceding year can call bonds
The $1,200,000 common and $800,yearly at 110 per cent.
000 5 per cent noQ- cumulative preferred stock have all been
subscribed. The President is Irving Howbert; Sec, E. F.
Draper; Treas., F. M. Woods.— V. 70, p. 75.
Conestoga Traction Co. Mortgage.— This company, as
successor of the Pennsylvania Traction Co., owning the enexcepting one line,
tire trolley system of Lancaster Co., Pa
has authorized a mortgage for $2,000,000, and has elected the
Colorado Springs

Bonds.

—This

&

1?99.
$1,999,313

1898.
$l.t7y,899

1897,
$1,439,001

Expenses tor administrat'n, operating, maintenance and interest 1,690,753

1,364,086

1,151,202

following directors:

$308,559

$306,813
$306,813

$287,799
$23?, 627

ley,

$1,403,256
690,541

$504,390
361,617

$327,086
475,106

$2,093,797

$866,007
175
45,305

$802,192
153
36,331

1.573
32,472
9.034

1,1(6
24,440
8,138

Gross earnings

Net revenue

$.908,559

Surplus

4dded

to construction account:

At exchanges
FortoU lines
Totals

Number of exchanges
Number of subscribers
Number of toll stations

193
59,'- 10

No. of miles of wire in toll lines.
No. of miles of poles in toll lines.

.

.

2,090
43,935

.

11, It 8

,

William B. Given, Columbia. President; Directors, Samuel R. ShipW. B. Kurtz. Philadelphis; WiLiam B. Given, J. W. B. Baus-

man, Eugene G. Smith, John D. Skiles, Lancaster.
Oscar M. Hoffman of Columbia is Treasurer and Frank S.
Given, General Superintendent. The capital stock is $4,A twelve000,000, of which $800,000 is preferred 6 per cent.
mile line to New Holland is proposed.— V. 69, p. 1063.

Coos Bay Rosebnrg

&

Eastern RR.

&

Navigation Co.—

Justice Bellicger, in the United States District Court, at
Portland, Ore., on Jan. 9. appointed J. B. Hassett receiver
of the company on application of J. D. Spreckels
Brothers

The telephones in use Dec. 31, ISO-^i, were 29,031; in l!r96
were 31,644; in \tm were 36,318; in 1&98 were 45,l!r6, and m Co.-V. 69, p. 1345.
Dayton & Xenia Traction Co.— MortQage.
1899 were 59,810. The amount of capital stock outstanding
Dec. 31. 1899 was $6,605,300; bonds outstanding, $4,500,000. has made a mortgage to the Old Colony Trust
No dividends have been paid since 1896, when 1 per cent was as trustee, to secure $300,000 of 20-year 5 p. c.
distributed.— V. 69, p. 441.
Duluth Missabe & Northern Ry. Called

&

—The company

GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
Angnsta Railway & Electric GQ.—Neic Securities.— The
stockholders will vote Feb. 19 upon a proposition to increase

Co. of Boston,
gold bonds.
Bonds.— Sev-

enty-five ($75,000) of the first consolidated mortgage bonds
of 1893 have been drawn for the sinking fund and will be
paid at the Central Trust Co. Feb. 2, 1900, at 105 per
cent and interest, say, $1,055 17 per bond, interest ceasing

Feb. 2.— V.

69, p. 542.

Easton Consolidated Electric Co.— i^fase.— See Easton
Power Co. below, among "Industrial Companies. "—V.70, p.76»

—

—

:

THE CHRONICLE.

176

Fitcbburg UK.— Purchase of State's Holdings.—Lmse. —On
Monday, owing to the opposition of the State director?, President Tattle of the B. & M. RR sent a letter to the officers of
the Fitchburg RR. withdrawing the proposition to lease
the road on the terms mentioned last week. On Wednesday, however, a proposition was submitted by Governor
Orane to the Executive Council, and by them unanimously
aoTiroved, to exchange the 50,000 shares of the common
stock of the Fitchburg RR.hel a by the State for $5,000,000
in fifty-year 3 per cent gold bonds of the Boston & Maine
RR., provided—" that the lease of the property of the Fitchburg RR., as proposed, be ratified by the Legislature during
the present session, and that such sale of the common stock
session."
"be also ratified by the Legislature during its present
This action removes the opposition of the State to the pro,

posed lease. The holders of the $3,000,000 of minority stock,
to exchange
it is annoanced, will be olfered an opportunity
their shares on the same basis (| for $) for Boston & Maine
3s, as above described.— V. 70, p 125.
Galveston Houston & Northern Uj.— Change of Control.
This road has been transferred to its new owners, the Southern Pacific interests. The following are announced
Directors- Coins P. Huntington, W. G. Van Vleck. T. W, House. W.
J. M, Dorrenoe, J. T. Mahl
B Chew, Joseph F. Meyer. Sam. E. Allen,
and C. B. Seger. all of Houston, Tex., except Mr. Huntington.
Officers-President, C. P. Huntington; Vice-President. W. G. Van
Vieck; Auditor and Secretary, C. B. Seger; Treasurer, B. C. Cushman.

—V.

70, p. 125.

Lake Street Elevated RR. of Chicago.— Litigation.—The

United States Circuit Court of Appeals has upheld the validity of $605,000 bonds held by Ziegler and his friends.
The matter, which may perhaps be again appealed, is independent of the main question at issue, namely, whether
Ziegler can compel the payment of interest on the full face
of the $605,000 bonds or whether he must accept 60 per cent
along with the other bondholders. The validity of the bonds
was questioned by the railroad company, whose appeal for
an accounting by Mr. Ziegler is now dismissed by the court
above named.— V. 68, p. 128.
Manhattan Uj.— Extension.— The Executive Committee
on Tuesday authorized the letting of the necessary contracts
for the extension of the road from 177th St. to Bedford Park
Station.— V. 69, p. 1301.
Metropolitan Street Ry. of Kansas City.— Electric- Light
Plants.— Control of the electric-light properties of Kansas
City has been acquired by the interests controlling this road.
See Kansas City Electric Light Co., under "Industrial Companies" below. -V. 69, p. 540.
Naslirille RfilTvay. Consolidation Injunction Diss lived.
—Chancellor Cook at Nashville, on Jan. 19, dissolved the
temporary injunction restraining the company from carrying out the proposed coasolidation by which are acquired
the property and franchises of the Nashville Street Ry., the
Nashville & Suburban Ry. and the Citizens' Rapid Transit
Co. On Wednesday, accordingly, the consolidation went
into effect, the consolidated company having, it is stated,
authorized an issue of $6,000,000 capital stock, and proposing to make a mortgage to secure $6,500,0C0 50-year 5 per
cent bonds, of which $3,300,000 to be sold for purposes of improvements and extensions, and the remainder to be reserved
to take up a like amount of underlying bonds. The President
is T. E. Hambleton, of Baltimore.— V. 68, p. 1226.

—

& Hudson River nU.—New

Directors.— Oa Wednesday D. O. Mills was elected a member of
the board, succeeding Horace J. Hayden. In September last

New York

Central

William Rockefeller was chosen a director.— V. 70, p. 125.
New York New Haven & Hartford UR.— Listed.— The
New York Stock Exchange has authorized the listing of $1,OOO 000 additional capital stock, making total amount
listed to date $53,308,600; also of additional amounts up to a

The official statement
total of $54,757,500 when issued.
says: " The money derived from the sale of said stock is to
Haven
be devoted to the purchase of the $705,000
maturing
securities
Feb. 1,
per
cent
7
and
cent
per
6
Derby
and also to discharge the floating debt of the company and
to furnish funds to carry on without embarrassment the
largely-increased transportation business of the company and
also to take up notes of this company given for general improvements upon its property aggregating $3,200,000, which

&

New

[Vol.

of May 19. 1899,) will be
$12 147 less than for the fiscal year ending
The net earnings for the five months ending
were $2,281,320, the fixed charges $952,760, the

by application

LXX.

12,229,567, or
30, 1899.
30, 1899,

June
Nov.

surplus being

$1,328,560.

New

Listed —The
York Stock Exchange has listed $90,000
of the aforesaid first consols, making total amount listed to
date $24 918,600, and has authorized the listing from time to
time of additional amounts up to $28,704,600, as issued in exchange for or in payment of the above-named underlying

bonds.- V.

69, p. 1248.

Northern Central Railway.— iJeiempfion of Bonds.

—The

$1,126,000 currency 6 per cent bonds dne April 1 and the
$2,804,000 gold 6 percent bonds due July 1 will be paid at
maturity, and will be redeemed by the company at par and
accrued interest at any time prior thereto.V. 68, p. 1226.

—

Northern Ohio Traction {Akron, 0.)— First Dividend.
A semi-annual dividend of 2}4 per cent has been declared on

Jb"'eb. 1 to stockholders of record
Jan. 23.— V. 69, p. 334.
Northern Pacific Ry.— In Statu Quo. The truce with
Navigation Co., touching the conthe Oregon Railroad
structioa of Imes in the Clearwater territory, which was to
expire Feb. 5, remains in staUi quo. V. 69, p, 1301.
Northern Pacific Terminal Co.—Col'ed Bonis.— First
mortgage 6s of 1883 as follows have been drawn:

the preferred stock, payable

—

&

—

Nos. 336. 416. 417. 846, 852, 853, 877. 964, 1071, 1208, 2134, 2693,
2770, 3320, 3499, 3593, 361 2, 3618, 3620. 3829, 3891,
Trust Co.,
and will be redeemed by the Farmers' Loan
trustee, at 110 and accrued interest Feb. 10, 190O.—V. 69, p. 181.

&

—A

bill has been reported to
Old Colony RR.— iVezw Stock.
the Massachusetts Seaate to authorize the company to issue
the remaining $3,391,100 of the total authorized issue of
$20,000,000 capital stock for any lawful purpose approved by
the State Railroad Commission. President Choate says:
Seven million dollars have been spent on improvements since the
lease, all of which was payable by the Old Colony. This includes the
separation of grades at Brockton and on the Providence division.
Now grades must be separated at Taunton; at Fall River, costing
$800,000 or $900,000; at Middleboro, $120,000; at New Bedford and
Attleboro. The new bridge at Tiverton will cost $200,000. The company has received nearly $1,000,000 from sale of land to the Terminal
Company, and has other claims against it and against the Boston &
Albany for land. Thg Act of 1893 restricts expenditures from the
proceeds of the new stock to Baston and Brockton, where the money
Ic is desired to remove this restriction.— V. 65, p. 565.
is not needed.
Oregon RR. & Navigation Co.— -Krc/iangre.- See Union

RR. below.— V. 70, p. 39.
Oregon Short Line RR. Exchange.— S-.e Uaion Pacific
RR. beloiv.—V. 69, 1104.
Pennsylvania Traction Co.— i?eorgrani2:ed.— See Conestoga
Pacific

Traction Co., above.— V.

69, p. 1063.

Pere Marquette RR.— Listed.— The New York Stock Exchange has listed $14,145,500 common stock and $10,162,200 4
per cent non-cumulative preferred stock, and has authorized
the listing from time to time, prior to Oct. 1, 1900, of additional amounts when issued under the terms of the plan of
consolidation, the total issue not to exceed in the aggregate
$16,000,000 common stock and $12,000,000 preferred stock.
Earnings. The combined earnings of the three roads consolidated (November and December estimated) were:

—

Oal. Oross earnings.

Oper.exp..inc.
taxes d^ rentals.

1899 .$7,202,373

$5,578,118

Tear.

Net earn-

Fixed

Balance,

ings.

charges.

surplus.

$1,624,255

$1,275,343

$348,912

—V. 70, p. 76.
Pittsburg Cincinnati Chicago

—

&

St.

Louis Ry,— Dividend

Increased. The company has declared a semi-annual dividend of 2 per cent on its preferred stock, payable Feb. 14. In
the year 1897 and 1898 no distribution was made on the preferred shares, and in 1899 the semi-annual rate was \}^ per
cent, making 3 per cent for the year. After 4 par cent is
paid on the preferred, the common shares are entitled to dividend3.— V. 70, p. 126.

Quincy Carrollton & St. Louis RR.—Sold.—Kt midnight
on Jan. 17 this property was turned over to Dwight C. Morgan as agent for the purchaser, namely the Chicago & Al-

—

V. 68,
in
Transit
Rapid

ton interests.

p. 233,

New York

QiiXy.- Extension of Time.

—

John B. McDonald has been granted the extra ten days
in which to deposit his $1,030,000 in cash or securities and
months."
few
next
will mature during the
Both branches of the
the $5 000,000 construction bond.
Leased Line Stock.— See Old Colony below.— V. 70, p. 76.
Legislature have passed the amendment to the Rapid Transit
New York & Queens County Ry.-^uarfeWy.— Earnings Act respecting the manner of issuing bonds. See "State
for the quarter ending Dec 31 have been reported
and City Department," page 193.— V. 70, p. 126,
Other
Interest,
Balance,
Net
Gross
3 mos. end.
Rhode Island '^MhwrXi&n'Rj.— Mortgage for 85,000,000.—
taxes,
income,
etc. sur. or df.
earnings.
earnings.
Dec. 31.(
$32,650 snr. $7,101 This company, organized last spring in the interest of the
$1,556
$38,196
$100,279
1899
65,813 def. 30,293 United Traction & Electric Co. of Providence, has made a
7,003
28,517
86,919
1898
—V. 70, p. 125.
mortgage to the Union Trust Co. of Providence, as trustee,
Norfolk & Western Railway.— iJe/wndrng.— Under the pro- to secure $5,000,000 bonds.
visions of the first consolidated mortgage, $25,986,889 of
The mortgage covers the Warwick & Oakland Beach
bonds were reserved for the purpose of retiring prior obliga- Road, acquired from the New York New Haven & Hartford
tions amounting to $23,888,200. The company has now sold RR. Co., and opened as an electric line by the Suburban
$3,876,000 of the first consols for the purpose of retiring the Company last week; also the Pawtuxet Valley Street Ry.
prior lien obligations known as divisional liens, amount- and the Cumberland Street Ry., and all property hereafter
ing to $3,488,300, which are due at various dates up to July acquired with the proceeds of the loan. What amount will
1,1900. The new bonds are to be delivered from time to be issued at once has not yet been decided. The authorized
time as the divisional liens are exchanged or paid off. Upon capital stock is $5,010,000. Ths company announced its inten:

the completion of this funding arrangement, the fixed annual
interest charges of the company, includiog interest on car
trust obligations then outstanding, and upon $1,5'J0,000 first
<;on£olidated mortgage bonds sold for betterments (covered

tion to secure franchises in the following places:
Providence, Pawtucket, Central Falls and Woonsocket, the towns
of Smlthfleld, Sol'uate, Gloucester, Cumberland, Cranston, Johnston,
North Providence, Foster, BurrlllvUle, East Providence, North Smith-

—

—

January

—

THE CHRONICLE.

27, 19C0.]

Held, Lincoln, South KintjstowD, North Klngstowr. Wf steHy, Charleatown, Exet«T. Richiuond, Hoi)klnton, Bristol, Warren, BarrlnKtou,
East Greenwich, Warwick, West Greenwich and Coventry, and the
Distiiot of Narragansett.

T. Potter, General Manager; Cyril A. Babcock. Tieasurer, and Henry V. A. Joslin, Secretary, of the Union Railway Co., which is conElectric Co.—V. 68, p. 1027.
trolled by the United Traction
St. Louis Peoria <te Northern Hj.— Foreclosure.— In the
United States Circuit Court at Springfield, 111., on Jan. i?5,
the Central Trust Co., as mortgage trustee, filed a bill to foreNorthern Ry.
close the mortgage on the St. Lmis Peoria
and theMadifon Coal Company's properties. The bonds, it is
Alton byndicate,
understood, are all owned by the Chicago
which dtsires a clear title. V. 69, p. 1148.

The incorporators were Albert

&

&

177

of preferred capital stock up to $25,000,000, and
capital stock up to $7,718,600, as issued in exchange
for Oregon Short Line income B bonds or for Oregon RailNavigation Co. common or preferred stock. If the
road
exchanges are complete, all the authorized capital stock will
ebe outstanding as follows: Common stock §96,178,700; pi
numtotal
the
1900,
On
Jaa.
20,
$100,000,000.
ferred stock.
ber of shares issued and in process of issue for the purposes
stated were: Common stock, 66.157 sharep, $6,615,700; preferred stock, 230,990 shares, $23,099,000.
Up to Jan. 20, 1900. the following amounts of the several
issues of the Oregon companies had been acquired or were

amounts

common

&

still

outstanding:

&

—

Seaboard Air Line Uy.—lS'ew Line

to

Wai^hington.—A

bill

has been introduced in the Virginia L'^gislatnre to charter
the Ri( hmond & Washington Air Line Ry. Co. preparatory
to the building of an independent outlet for the system from
Richmond to Washington. As the new road won Id paralfrom
lel the Richmond Fredericksburg & Potomac RR
which the State gets an annual revenue of $30,000. the offer
is made to furnish a bond of 1200,000 to indemnify the State
against loss of revenue from the old read for five years and
to bay the State's holdings (fee V. 69, p. 1246) in the road at
$150 and !^140, respectively, per share. The incorporatois include John Skeltoa Williams, E. St. John and J.W. Midden,

dorf.

Total
i.isve.

OregonRR.&Nav.

Pre/, stock. .$11,000,000

Com. stock.. x7,718,600
do
14,841,000
Oregon Short Line B bonds
go

Unacquired.
Total
acquired. Oec. a0,'99.
$8.794,.500 $2,205,500
6,615,700
14,304,500

xl,102,90O
536,500

of the shares of that stock owned by Oregon Short Line
Co. and pledged under its collateral trust Income B mortgage.—
V. 69, p. 1344, 1349.

X Exclusive

RR.

United Traction & Electric Co. of Providence.— iVejtr
Bonds.— See Rhode Island Suburban Ry. above.— V. 68, p.
1027.

United Verde & Pacific Ry.— See United Verde Copper Co.
Worcester Consolidated Street Ry.— Bo«(fs Sold.— Bonds
to '.be Ca//f d.—Vermilye & Co. have purchased the entire
jpsueof $b40,0C0 twentj-year 41^ per cent gold bonds, dated
1900, due 1920, interest March and September. The proceeds
will be used chiefly to retire the existing bonded indebtedness, which will be called and paid otf as soon as the new
bonds can be prepared— by March 1st, if possible. The bonds
to be paid are: First mortgage 5s of 1887, subject to call at
company's option, $150,000; debentures of 1894, subject to
call at 1021^, $500,000.— V. 70, p. 77.
Zanesville & Ohio River Ry.—So/d.— At the foreclosure
sale on Jan. 20 the property was bought in for $260,000 by
the bondholders. The Ohio & Little Kanawha Railway Co.,
recentlv incorporated, will take over the property. The
plan inV. 69, p. 907 is being carried out.— V. 69, p. 907.

South Daliota Rate Case.— Z)ecmon Remanding Case.—
See remarks on page 146.
Seattle Lalie Shore & Eastern 'Ry.—Stockhi hiers' Suit.—
At S-attle, Wash on Jan. 15, a bill in equity was filed in
the United States Circuit Court against the Seattle & International Railway (owned by the Northern Pacific Ry.) on
behalf of stockholders of the Seattle Lake Shore & Eastern,
who claim that the foreclosure sale was part of a plan to bar
them out.— V. 66, p. 238.
Southern Ohio Traction Co. Neio Company.— Consclidation.
This company has been formed as a consolidation of
the Cincinnati & Hamilton Electric Street Ry., Miami Valley Traction Co. and Dayton Traction Co., and will thus op
erate a through trolley line from Cincinnati to Dayton, about
INDUSTRIAL. GAS AND MISCELLANEOUS.
52 miles. The company will be authorized to issue $2,( 00,000
Allsali Co.— Plant.— The company's plant at
American
stock and an equal amount of bonds. Of the bonds, it is
Sault Ste. Marie, it is hoped, will be in operation by April 1.
said, BufiBcient will be reserved to extend the road from DayV. 69, p. 1194.
ton to Troy, about 19 miles.
American Ricycle Co.—Ne^v Preiident.—A\heTtG. SpaldThe following officers and directors have been elected:
having resigned from the Presidency, R. L. Coleman,
ing,
Will Christy, President M. J. Mandelbaum. First Vlce-Pretident;
H. Clark Ford, Second Vice-President F T. Poineroy, Secretary and formerly President of the Western Wheel Works, has been
Treasurer; Directors— Will Christy, M. J. Mandelbaum, H. Clark Ford, elected
Albert A. Pope has been
Col.
his successor.
James Christy, Jr., Peter Schwab, A. E. Alkens, D. H. Kimberley. H. elected Chairman of the Board of Directors. Mr. Spalding^
R. Newcomb, A. B. McNairy, K. A. Harmon, R. M. Parmalee and H.
remains a member of the board and of the Executive Com*
A. Sherwin.
The first through trip between Cincinnati and Dayton was mittee.— V. 70, p. 77.
American Caramel Co.— New Sfcurities.—lj. A. Marshall,
made on the I9th inst.- V. 70, p. 75.
has applied to the court for an injunction restockholder,
a
Southern Ry. Bill Paitsed. The Virginia Legislature has
$1,000,000 in bonds and
passed a bill authorizing the company to reduce the amount straining the company from issuing
its capital stock for the purpose of gaining conincreasing
of its capital stock, on vote of a majority of the shares, if at
The action, the petitrol of its Pennsylvania competitors.
any time thought desirable. V. 69, p. 1302.
tioner avers, is for the personal gain of the directors and to
Third Avenue RR. New Treasurer, Etc. W. H. Curtis, the injuiy of the minority stockholders.— V. C9, p. 1147.
private secretary of William Rockefeller, has been elected
American Thread Co.— Bunds Listed.— The New York
Treasurer to represent, it is surmised, the Rockefeller interStock
Exchange has listed the company's $5,798,000 first
ests.
A syndicate, independent of that to fund the floating mortgage
20-year collateral trust 4 per cent gold or sterling
debt, it is understood, has been organized to take care of tbe
bonds
On a subsequent page we print at
coupon
of 1919.
stock holdings of Henry Hart. These are said to include
length
the
(fficial statement made by President Hopkins,
about 15,000 shares, which the syndicate will, if necessary,
account and the imtake at par. Apparently a decided change is occtirring in the which includes a balance sheet, income
of the company, its
property
the
facts
relating
portant
to
control of the property.
listed on the Stock Exjust
The
bonds
capitalization,
etc.
Arrangements for funding the floating debt of $17, 000, GOO
and for providing the $7,000,000 or $^,000,000 needed to com- change are secured by the stocks of the various companies
Thread Co. at a cost
plete the electrical equipment of the system are said to be which were acquired by the American
1149.
of
$11,079,549.—
V.
69,
p.
progressing satisfactorily. The balance sheet of Sept. 30,
American Tin Plate Company.— £'am7ngi.».— The balance
1899, is given under the heading "Annual Reports."
Control Rumored.— It vf&s rumored last week that aeon- sheet of Dec. 31, 1899, was given last week (V. 70, p. 125),
This amount is stated
trolling interest in the Bergen County Traction Co. and the showirg a "surplus" of $2,613,426.
Riverside & Fort Lee Ferry Co. had been purchased by per- officially to be the balance of net earnings after paying three
quarterly dividends (aggregating $962,061) on the preferred
sons friendly to the Third Ave. RR.
stock.
On this basis the year's profits would be approxiEarnmgs.— For the quarter ending Sept. 30
mately
as follows: Profits for year, $3,575, 467; deduct full
3 mog. to
Oross
ffet
Balanse
Jfiscel.
Fixed
pref. stock. $1,282,750, leaving
Sept. 30. Eariiini^s.
Earninas. Income.
Oharqes.
for Div. 7 per cent on $18,325,000
1899
$550,713
$230,463
$13,216
$152,174 balance for common stock, $2,292,737 (about 8 p. c.).— V.
$91,505
,

—

—

;

;

—

—

—

:

1898

572,620

221,034

22,187

92,394

150,827

70, p. 125.

The operation of the road was seriously affected by the
Atlantic Mutual Insurance Co.— Interest— Called Vertifiwork ot replacing the cable with the underground trolley catis — Annual Statement. — Six per cent interest on the out
system, which was not completed on the main line until No- standing certificates of profits will be paid on Feb. 6, on
vember. The V/i per cent quarterly dividend on the $16,- which date also the outstanding certificates of the issue of
000,000 stock calls for $2C0,000. Tbe earnings for the year 1894 will be redeemed. A dividend of 40 per cent is declared
ending Oct. 31, 1899, including an unexplained item of §680,- on the net earned premiums for the year ending Dec. 31,
933 as "other income" will be found in the Chronicle of 1899, for which certificates will be issued on May 1. The
Nov. 18, page 1059.— V. 70, p. 126.
assets of the company stand at $10,424,180. See annual stateToledo St. Louis & Kansas City 'RU.—Sale Postpcned ment on advertising page ix. of this week's Chronicle. V.
Unttl April;?.— Judge Ricks, in the United States Court at 66, p. 287.
Toledo on Jan. 19, changed the date of sale from Feb. 14 to
Birmingham Fealty Co.—Securities.—See Elyton Co. be-

—

April

3.

Twin

-V.

low. -V. 69, p. 1347.

70, p. 39.

Carnegie Steel Co.— New Sec refarj/. —Secretary F. T. F.
The company has declared a dividend of IV^ per cent upon Lovejoy having resigned. A. M. Moreland has been apits common stock, payable Feb. 15.
The first dividend on pointed to succeed him. — V. 70, p. 78,
this stock was 1 per cent last August.— V. 69, p. 1194.
Central District & Printing Telegraph (Bell Telephone)
Cnlon Pacific RR.-Listed.-The New York Stock Exchange Co. oTFittahiiTg.— New Stcck.— The stockholders will vote
has authorized the listing from time to time of additional on Feb. 15, on a proposition to increase the capital stock
City

Rapid

Transit Co.— Dividend Incr<ased.—

—

——

—

THE CHRONICLE.

178

$4,oro,000 to $7,500,000, to provide for improvements,
Bell interests own more than 50 p. c. of the issue.
Dividends of 8 p. c. are paid; no bonds. V. 68, p. 523.

from
etc.

— — —

—

The

—

Chicago Telephone Co.— New Stock.— The stockholders on
Jan. 17 unanimously approved the proposed increase of the
authorized capital stock from $5,000,000 to $15,000,000, to
provide for extensions, improvements, etc. V. 68, p. 1023.
Columbian Electric Car Lighting & Brake Co.— Consolidation. -See Consolidated Railway Electric Lighting &
Equipment Co. below.—V. 68, p. 722.

—

[Vol.

LXX.

the Michigan independent companies call for the purchase
of $500,000 of the stock of the Detroit Co. at 50 cents on the
dollar, and the entire istue of $600,000 bonds at 85 cents on
the dollar.
The purchase of the new Telephone Company
stock is at the rate of 50 cents on the dollar for $600,000 of
stock and 85 cents on the dollar for $100,006 bonds.- "Boston
News Bureau."
The Erie Company oflFers to give 25-year"contract8 to the
patrons of the independent companies on thejpresent basis of
prices.-V. 70, p. 127.

Excelsior Telephone Telegraph & Sabways Co. TncorConsolidated Gas Co. of New York.—New Trustees.— At porated. This company was incorporated at Trenton, N. J.,
the annual meeting on Monday William C. Whitney, An- on Jan. 23 with an authorized capital stock of $5,000,000, to
thony N. Brady and Thomas F. Ryan were elected to the do a general telephone and telegraph business, and to conBoard of Trustees by a viva voce vote of 281,919 out of the struct underground conduits in New York City and else390,780 Bbares. Thev were largely interested in the New where. Incorporators: Richard White, New York; John
York Gas & Electric Light Heat & Power Co. Regarding Scott and C. N. King, Jersey City.
this latter company the "New York Times" says the ConsolUaverhill (Mass.) Gas Securities Co.— Reduction of Oas
idated Gas Co. has "purchased not merely a controlling inRates.
As the result of their investigation, the MassachuWilreturn
terest in it, but every share of its stojk, and in
liam C. Whitney, Thomas F. Ryan and Anthony N. Brady setts Gas and Electric Light Commissioners on Jan. 23
got a certaiu amount of Consolidated Gas stock." The new recommended that the net price to be charged for gas supdirectors fill an existing vacancy and also vacancies caused plied in Haverhill shall, on and after Feb. 1, not exceed HOc
per 1000 feet, as against $1, the present ^price. V. 69, p. 229.
by the retirement of E. R. Holden and Thomas K Lees.
George A. Lamb, whose advertisement was in the CheonIllinois Electric Vehicle Transportation Co. Reduction
ICLE last week, and others representing the minority stock, of Capital Stock. The company proposes to reduce the capiattempted without success to secure a discussion of the com- tal stock from $25,090,000 to $2,500,000, through a reduction
pany's aflfairs before the election. They claim that in hold- in the face value of the shares from $100 each to $10 each.
ing the latter "many legal requirements were neglected." The second instalment of $5 a share, which was due Feb. 1,
On these accounts they propose asking the courts to set the it is stated, will not be called until July 2. V. 69, p. 697.
election aside. V. 70, p. 127.
Kansas City Electric Light Co.— New Control.— The
Cons)lidated Railway Electric Lighting & Equipment
Armours
and Robert Flemirg, who control the Metropolitan
Consolidation. This company, incorporated in New
Co.
Street
Railway
of Kansas City, recently bought a large conJersey on Jan. 8, 1900, with $16,000,000 of authorized capital
trolling interest in the Kansas City Electric Light Co. and
stock. Isaac L. Rice being President, has arranged to acquire
the E jison Electric Light & Power Co., which together do the
the following properties:
entire electric lighting and power business of Kansas City.
Eleotrlo Axle Light & Power Co.
Columbian Electric Car Lighting & Brake Co., owning American Rail- At last accounts the companies were reported capitalized as
way Electric Light Co. and United Electric Co. (see V. 68, p. 427). follows:

—

—

—

—

—

—

European Railway Electric Lighting Co.
Lindstrom Brake Co.
Railway Triplex Ticket Co.
circular announces that the "holder of each share of Electric Axle, Light
Power Co. (all assessments paid i. e., $10
per $100 share— Ed) will receive 67 per cent of the par value
of his holdings in full paid non-assessable shares of the Consolidated Railway Electric Lighting
Equipment Co.," provided his stock is deposited with the State Trust Co. prior to
5 P. M. Feb. 3. The Electric Axle, Light
Povrer Co. is
capitalized at $25,000,000, in shares of $100 each, on which one
instalment of $5 has been paid and a second for the same
amount is payable Feb. 15; about $14,000,000 of the stock
was recently reported in the treasury. The Columbian Electric Car Lighting
Brake Co. was incorporated early in
1899, with $10,000,000 of authorized capital stock (a consider
able portion being still in the treasury) to acquire the American Railway Electric Co. of Philadelphia aud other proper-

A

Kansas City Light Co., stock, $450,000, and an issue of bonds *
Interest payable at National Bank of Commerce, N. Y.; Edison Com"
pany stock $280,000, first mortgage 68 (interest J & J) due 1943, NY. Security & Trust Co., trustee, $200,000; also bonds with interest
payable
at Kansas City.

M&N

—

&

no 5v beforej the city council an ordinance for a
Home Electric Light & Power Co., in which
Bernard Corrigan and others are interested.
There

&

King Philip mUs.—$1,000,000 Bonds-SO Per Cent Divi— The stockholders adopted on Thursday a prop-

&

dend.

osition to issue $1,000,000 of 5 per cent mortgage bonds
in order to pay the floating debt and provide working capital and to give the holders of the $1,000,000 capital stock an
increased interest in the property.
circular says :
The management has for some time past contemplated the offering
to stockholdi rs of a larger interest in the securities and upon mature
deliberation it has been decided thtt an iesue of bonds bearing interest at 5 per cent per annum, secured by mortgage upon the mill plant,
be recommended as a preferable plan, and that they be offered to the
stockho ders for subscription. It is intended, by the directors, to aid
stockholders in acquiring these bonds, to declare a cash dividend of 50
per cent upon the capital stock after the bonds have been subscribed

A

&

ties.

The plant of the consolidated company will be at Derby,
The car lighting system of tbe company is reported
in use to a greater or less extent by the New York Central,

Conn.

Chesapeake

&

&

Ohio, Boston
Union Pacific, Pennsylvania, etc.

Crystal Water Co. of
Island, N. Y. Defaidt.

Albany,
V. 70, p.

—

for

due Jan,

on the 1st
mortgage bonds remains unpaid. The property is one of those
controlled by Woodbury & Moulton of Portland, Me,, who
failed recently. At lastaccounts it was capitalized as follows:
interest

1

Authorized capital stock, $1,000,000;

first mortgage bonds,
authorized, $1,000,000, issued, $726,000 of 6s and $S5,000 of
58, due 1910; other bonds, $85,000.
Gustav E. Kissel (54
Wall St. ) is reported to have recently acquired a large block
of stock, and to represent about three- fourths of the issue.

Detroit Telephone Co.— Terms.— See Erie"Telegraph
Telephone Co., below.— V. 70, p. 127.

&

Edison Electric Light & Power Co. of Kansas City.— ConiroZ.— See Kansas City Electric Light Co. below.
Electric Axle, Light & Power Co.— Oonsolidation —See
Consolidated Railway Electric Lighting
Equipment Co.
above.— V. 70, p. 78.
Electric Boat Co.— Dfcmon o/iVara/ Board.—The Naval
Board of Construction, by a vote of 4 to 1, has decided against
the purchase of the Holland submarine boat by the Government. The Board of Inspection and Survey reported favorably on tbe boat. The company still hopes for a favorable
decision from Secretary Long.— V. 69, 1064.
Eljton (Land) Co.— New -SecMrtVfes.-The new securities
(of the biimingbam Realty Co.) will be ready for delivery
on Feb. 8 at the Union Trust Co., N. Y., and at the other
depositories. Holders of dividend trust 6 per cent bonds of
Ely ton Land Co. will state whether they elect to take new
prior lien 5 per cent bonde, or cash, for face of their bonds.
See advertisement on another page.— V. 69, p. 1303.

&

Steel

& Iron Co.— New Stock-Oa Wednesday

the

etocktiolderd authorized the directors, in their discretion, to
increase the capital stock from $5,000,000 to $10.00
.000 -^V
V
69, p. 285.

and

allotted.

Laclede Oas Light Co. Increase of Stock.— The stockholders on Monday unanimously authorized the increase of

I'linois Central,
78.

Edgewaterand Stapleton, Staten common stock from $10,000,000

—The

Empire

is

franchise to the

,

,

.

.

Erie Telegraph & Telephone Co.— Terms of Purchase.—
The terms unaer which the Erie people secure control of

Lockport (N. T.) Gas

&

to $11,000,000.— V. 69, p. 1105.

Electric

Co.— New Bonds

—Mills & Blanchard of Boston are offering at

Offered.

102 and interest $200,000 of the recently-authorized issue of $300,000 first
mortgage 5 per cent gold bonds dated Feb. 1, 1900. due Feb.
1, 1920, subject to call at 110 and interest. Trust Co. of
America, trustee. The old 63 have been called and will be
paid off Feb. 1, 1900. Of the new loan $70,000 is issuable
only for future extensions and improvements. For the year
ending June 3^, 1899, the gross earnings were $58,784; net,

$25,077.— V. 69,

p. 1348.

—

New Amsterdam Gas

Co. Rates Again Reduced. The
directors on Thursday voted to reduce the price of gas sold
to consumers to 65 cents per 1,000 cubic feet, as against
$1 05 to which they raised it on Dec. 1. The reduction takes
effect as of Jan. 15, 1900.— V. 69, p. 1251.

New York Breweries

Co.. Limited. Reorganization Plan
au extraordinary general meeting of the
company in London, on Jan. 10, the rts jlutions passed at the
meeting on Dec. 20, approving the plan of reconstruction
(see V. 69, p. 1344), were unanimously confirmed.
V. 69, p.

Approved.

— At

—

1344, 1348.

New York & Kentucky

Co. of Rochester.

Incorporation.

—This company was incorporated at Albany Jan. 25 to manufacture whiskey, cologne, spirits, and medicinal preparaAuthorized capital stock, $3,000,000. The directors are:
Walter B. Duffy, Frederick Cook, Benjamin E. Chase. F. S. Upton»
and William P. Halkam. Rochester; Charles Tracey, Albany; E. HSatterlee, Pittsford, George H. Watson, Versailles, Ky.; H. M. Naylor.

tions.

Buffalo.

The company, it is stated, has been formed to consolidate;
George T. Stagg Company, of Frankfort, Ky.; E. H. Taylor, Jr., Co.,
Erie
of Frankfort, Ky.; Kentucky River Distillery, of Frankfort, Ky
Distilling Co., of Buffalo, N. Y.; Duffy Malt Whiskey Co., of Rochester.
;

N

Y.; Rtichester DictllUng Co.. of Buffalo. N. Y.; James E. Woloott
Co.. of Rochester, N. Y.; Columbia Distilling Co., of Albany and

Waterloo, N. Y.

QP^For other Investment News

see Page

180.

January

THE CHRONICLE.

27, 1900.1

je|y0rts

'<tn&

^ocxxmtnts.

THE AMERICAN THREAD COWPANY.
OFFICIAL STATEMENT IN CONNECTION WITH LISTING OF BONDS ON NEW YORK STOCK

EXCHANGE.

New

York, January 2, 1900.
The American Thread Company hereby makes application
for the listing of $^,798,000 of its First Mortgage Four per
Cent Gold Bonds and 978,09.5 shares of its Preferred Stock.
The American Tliread Company is a corporation organiszert under the laws of the State of New Jersey, incorporated on March 10, 1898. The Company, by its -Articles of
Incorporation, is authorized (among otber things) "to manufacture cotton, linen, silk, wool and other threads, cloths,
fabrics and other manufactures, articles and goods composed in the whole or in part of cotton, ^ax, hemp, silk,
wool or other material; to buy, grow, prepare and sell the
stock and raw material for said manufacture, and to pur
chase or manufacture blocks, spools, bobbins, boxes, tickets, labels, wrappers, show cards, machines, tools and other
appliances, articles or products whatsoever required in and
connected with the said busines.ses, and the trading in,
dealing in, selling and disposing of the articles purchased
or manufactured by the Company."
The Articles of Incorporation further provide that " the
Directors of the Company shall be not less than five (.5) and
not more than fifteen (15) in number, and shall hold office
for five (5) years, and until others are chosen and qualified
in their stead. The Directors shall be divided as equally as
may be into five (5) classes. The seats of the Directors of
the first class shall be vacated at the expiration of the first
year; of the second class, at the expiration of the second
year; of the third class, at the expiration of the third year;
of the fourth class, at the expiration of the fourth year;
and of the fifth class, at the expiration of the fifth year; so
that one-fifth may be chosen every year."
A copy of its Certificate of Incorporation is handed you
herewith.
The authorized Capital of said Company is $12,000,000.
viz.: $6,000,000 Five per Cent Cumulative Preferred Stock
and $6,000,000 Common Stock, being 1,200,000 shares of Pre
ferred Stock and 1,200,000 shares of Common Stock of $5 par
value each.
The Board of Directors of the Company may issue such
Preferred Stock and certificates therefor when and as the

Board shall by resolution decide.
The power to make and alter the By-Laws

said

Company.

A

copy of the By Laws is handed you herewith.
provided in Article III of the By Laws that the Treasurer shall render a full statement of the accounts and the
financial condition of the Company at the annual meeting
of the Stockholders, which Article II fixes to be held on the
second Monday in May of each year.
The life of the Corporation is unlimited.
This Company was established primarily to unite the under-mentioned manufacturers of spool, crochet, knitting,
mending and other cottons, inclviding, in some cases, the
allied businesses of cotton spinning, doubling, twisting, dyeing, bleaching, polishing, spool making, etc.
It is

State
lished.

Name and

in which
Address.

Incorporated.

Baretow Thread Co., Providence, R. I. (including good-)
1866 <
will and trade-marks of Alexander King & Co.,
> R. f.
m Cotton Thread Business).
(
)
1881.. The Glasgo Yarn Mills Co., GlasKo, near Norwich, Conn ..Conn.
1883
The Glasgo Thread <'o., Worcester, Mass
Mass.
1863..
Mass.
Hadle; Co.. Holvoke, Mass
1881
N.J.
The Kerr Thread Co., Fall River, Mass
1866
J. O. Kin? & Co., N. Y. City
|^fl7m!®
1865
Merrick Thread Co., Holyoke, Mass
Mass.
1873
The National Thread Co., Mansfield, Conn
Conn.
1882
Morse & Kaiey Manufacturing Co ,Milford,N. H
N. H
1834 J E. J. W. Morse Co., Boston, Mass. (incl'gthe patent rights, ) vj.
machinery and good-will of the Morse Machine Co.
(
>
1891
Mass.
The RuddyThread Co Worcester, Mass
1865
TheWarren Thread Co., Ashland, Mass
Mass.
1891
The William Clark Co.. Westerly. R. I
N. J.
1854
Conn.
Wlllimantio Linen Co., Willlmantic, Conn
c

,

Of the Common Stock the whole number of 1,200,000
shares (par value $5 each) are issued, and $2 on each share
has been paid up.
Of the Preferred Stock 978,095 shares have been issued,
and are fully paid up and non assessable.
Under the terms of a Deed of Trust made January 1,
1899, between the American Thread Company and the
Guaranty Trust Company of Nevv York, Four per Cent First
Mortgage Twenty-Year Gold Bonds were issued to the fully
authorized amount of $6,000,000, of the denomination of
$1,000 and of $50') each, of which at this date Nos. 1 to 5,498
inclusive of the $1,000 bonds and Nos. 1 to 600 inclusive of
the $500 bonds, making a total of $5,798,000, have been subscribed and paid for at par.
copy of the Deed of Trust is handed you herewith.

A

As security for the payment of the principal and interest
of these bonds. The American Thread Company has transferred to the Guaranty Trust Company of New York, as
Trustee, the shares of stock described as follows:
79,832 shares of the Capital Stock of the Willimantic Linen Company,
the total autliorized amount of which Capital Stock consists of
SO.OlHi sl)are8 of the par value of $25 each;
7.500 shares of the Capital Stock of the Merrick Thread Company,
the total authorized amount of which Capital Stock consists of
7,500 shares of the par value of $100 each;
l,fl42 shares of the Preferred Stock, and
4,000 shares of the Common Stock of The William Clark Company,
the total iiUihorized amount of which Capital Stock consists of
1,942 shares of Preferred Stock end 4,000 shares of Common,
Stock of the par value of $100 each;
480 shares of the Capital Stock of ihe Hadley Company, the total
authorized amount of which Capital Stock consists of 480
shares of the par value of $l,2.'bO each;
l.OOOsharesof the Capital Stock of the National Thread Company,
the total authorized amount of which Capital Stock consists of
1,000 shares of the par value of $25 each;
500 shares of the Capital Stock of the Morse & Kaley Manufacturing Company, the total authorized amount of which Capital
Stock consists of 00 sbares of the par value of $100 each;
1,000 shares of the Capital Stock of the Barstow Thread Company,
the total authorized amount of which Capital Stock consists of
1.000 shares ot the par value of $100 each12,000 shares of the Capital Stock of the Glasgo Yarn Mills Company,
the total authorized amount of which Capital Stock consists of
12,000 shares ot the par value of $25 ea^h;
500 shares of the Capital Stock of the Glasgo Tliread Company, the
total authorized amount of which Capital Stock consists ot
50O shares of the par value of $100 each;
300 shares of the Capital Stock of the Ruddy Thread Company, the
total authorized amount of which Capital Stock consists of
300 shares of the par value of $100 each;
8,000 shares of the Capital Stock ot The Kerr Thread Company, the
total authorized amount of which Capital Stock consistsjof
8,000 shares of the par value of $100 each;
600 shares of the Capital Stock of thti E. J. W. Morse Company, the
total authorized amount of which Capital Stock consists of 60O
shares of the par value of »100 each, and
54 shares of the Capital Stock of the Morse Machine Company, the
total authorized amount of which issued Capital Stock consists
of 54 shares of the par value of $100 each;
250 shares of the Capital Stock of the Warren Thread Company, th&
total authorized am unt of wh*ch issued Capital Stock consists
of 2c shares of the par value of $100 each.
.'

The total cost of the above-mentioned shares to the
American Thread Co. amounts to $11,079,549 93. (See Balance Sheet of September 30, 1899.)
The property owned by the various constituent companies

may

be briefly described as follows:
Barstow Mill.— Owned by Barstow Thread Company. Plant comprises 2 acres, located in the City of Providence, R. I. Main mill
contains the necessary machinery for the putting up of a yearly
product of 3,000,000 dozens of spool cotton.
Mills Company. Plant
Production 12,000 to 14,000 lbs.

Glasgo Mills. -Owned by the Glasgo Yarn
located at Glasgo, Conn.
weekly of combed yarns.

Is

Hadlet Mills.— Owned by Hadley Company. Plant comprises IS
acres, located in the City of Holyoke. Mass.

Kerr Thread Mills.— Owned by The Kerr Thread Company.

Plant
comprises 13^4 acres, located in the eastern section of ihe City of
Fall River. Mass. Capacity of 30,000 lbs. weekly of fine yarns

and threads.

of the Corporation shall be in the holders of the Common Stock of the

Estab-

179

Merrick Mills.— Owned by Merrick Thread Company. Plant comprises 10 acres of mill and tenement lands, located in the business
section of Holyoke, Mass., and 5 acres in the outskirts. The capacity of the plant is 7,000,000 dozens spool cotton per annum.
The company also owns in Lake View, Maine, a plant for the manufacture of wood spools and packing cases, of sulflcient capacity
for its entire needs, comprising 15 acres of land. Also in the tovmi
of Brownville, Maine, a farm of 370 acres, with buildings thereon.

Plant comprises
J. W. Morse Company.
25,785 cq. ft., located in the Roxbury District, in the City of
Boston, Mass. Estimated capacity of cotton thread, 250,000 lbs.
per year.
Morse & Kalet Mill.— Owned by Morse & Kaley Manufacturing:
Company. Plant comprises 1J« acres, located in the town of Milford, N. H. Carding and spinning capacity 1,200 to 1,500 lbs. per
day balling plant capable of producing 2,500 or more boxes of
finished goods per day.
Natiowal Thread Mill.— Owned by the National Thread Company.
Plant comprises 8 acres, located at Mansfield Hollow, Conn., and
47 acres of outlying land.
William Clark Mill.— Owned by The William Clark Company. Plant
comprises 12ifl acres, lying between the Pawoatuck River and the
Shore Line of the N. Y. N. H. & H. RR. in Conn., just outside the
town of Westerly, R. I., also 20 lots, 60xi 20 each.
*WiLLiMANTic Mills —Owned by Willimantic Linen Campany. Plant
comprises 137 acres, located in the centre ot Wlllimantio, Conn.
The Company also owns in the city of Wlllimantio, and in the town
of Manstield adjoining. 212 acres of land, and 23 acres in Columbia, Conn.; also a large reservoir, comprising 350 acres, In the
towns of Columbia, Lebanon and Coventry. It also has rights
in a reservoir of 3i
acres at Bolton, Conn. Output, 55.000 lbs.
per week of finished product.

Morse Mill.— Owned by E.

;

* A new finishing mill is in course of construction which will provide capacity for finishing 100,000 lbs. of product weekly. The Company also owns property in Maine for making wood spools and packing boxes. The plant in Maine comprises 75 acres of land in the town
of Willimantic, county of Piscataquis. Its product is sulHcient for the
entire requirements of the Wlllimantio plant in Connecticut. The
Company also owns one half Interest in 18,000 acres of timber land in
EUiotsville Plantation, with exclusive birch stumpage for spools on
the entire track also right of popular stumpage for packing cases.
;

The machinery and merchandise owned by the Glasga
Thread Company, the Ruddy Thread Company, and the
Warren Thread Company have been transferred to the
plants of the Willimantic Linen Company at Willimantic,
Conn., and the Merrick Thread Company at Holyoke, Mass.,
thus effecting a saving of expense.
All these plants are free from all encumbrances other
than: Bonded indebtedness of £102,700 sterling on the Kerr
Thread plant in Fall River, Mass. Said bonds having been
issued by The Kerr Thread Company in 1892, bearing interest at the rate of Five per Cent per annum, and repayable
July 1, 1902, at the rate of £105 for each £100 bond. The
Farmers' Loan & Trust Company, Trustee. It is intended
to pay off this indebtedness at maturity.

—

:

THE CHRONICLE.

180

[Vol. TiXX.

STATEMENT OF ASSETS ASD LTABILTTIE3 AT SEPTEMBER
Assets.

30, 1899.

Liabilities.

Investments acquiring the Capital Stock of various
manufacturing companies at cost
$11,079,549 93
Sundry advances to subsidiary companies
1,856,515 34
Sundry debtors
737,35108
Furniture account
13,262 04
Cash at banks and on hand
381,087 71

Capital Stocli issued
Five per cent Preferred. 978.095 shares. .$4,895,475
Common. 1,200,000 shares
)
^hare-» *5 each par value
> 2,400.000
$2 called upon each share
)
$7,29f>,475

Bonds Ipsued
unissued

00

5,797,850 00

$5,797,850
202,150
$6,000,' 00

Sundry creditors
Interest on bonds accrued
Depreciacion

491,658
57,978
225,000
204,803

to date

Fund

Balance
*14,067,766 10

INCOME ACCOUNT, APRIL

1

TO SEPTEMBER

30, 1899.

lieeeipts.

From

Constituent Companies, for commissions,
expenses)

etc. (less

$501,558 62

Expenditures.

Fixed Charges-

Bond Interest paid and accrued
$118,318 26
dividend on Preferred Slock (regular halfyearly dividend of 2»fl per cent, paid
July 1, 1899)
122,873 21
Depreciation
150,00000

'

391,196 47

Net surplus

$110,362 15

The Officers of tbe Company are as follows: Lyman R Hopkins, President, Lake View, Maine; Alexander King, First
Vice-President, New York; Lucius A. Barbour, Second VicePresidenr, Hartford, Conn
Herbert Lyman. Third VicePresident, Boston, Mass.: Theodore M. Ives, Secretary and
Treasurer, New York; James B. Adam, Assistant Secretary
and Assistant Treasurer, New York; Jones, Crewdson &
Youatt, Auditors, Manchester, England; Dos Passes Bros &
Mitchell, General Counsel, New York.
Executive Committee: Robert C. Kerr, E. Martin Phillippi and Elisha A. Still.
The general offices of the Company are in the Wool Exchange Building, New York City.
;

84
50
00
76

$14,067,766 10

The Directors of the Company are as follows: Terms
expire May, 1900: Robert K. Clark. James Kerr, Herbert
Lyman. Terms expire May, 1901: Lucius A. Barbour, Eben
S. Draper, E. Martin Phillippi.
Terms expire May, 1902:
Alexander King. Eugene S. Boss. William M. Manlove.
Terms expire May. 1903: Lyman R. Hopkins, Theodore M.
Ives, John E. Lnwton.
Terms expire May, 1904: Robert C.
Kerr, Elisha A. Still, Algernon Dewhurst.
The Transfer Agents are The Guaranty Trust Company
of New York, 65 Cedar Street, New York City
The Registrar of the Company is The First National Bank
of New York, 2 Wall Street, New York City.
The following papers are handed y u herewith in addition to the Articles of Incorporation, By laws and Deed of
Trust already referred to Opinion of Counsel that the Company has been legally organized and its securities legally
issued.
Opinion of Counsel in regard to real estate, and
samples of Engraved Certificates of Stock and Bonds.
L. R HOPKINS, President.
Attest T. M. Ives, Secretary.
The Committee on Stock Lists recommended that the above
described $5,798,000 First Mortgage Twenty- Year CollaUral
Trust Four per Cent Gold or Sterling Coupon Bonds of 1919,
Nos. 1 to 5,498 inclusive, for $i,00f> each, and Nos. 1 to 600,
for $500 each, be admitted to the list
Adopted by the Oovermng Committee, January S4, 1900.
:

:

Nebraska City Packing Co. of Cliicago.— Morfgage —The 000, to pay the floating debt, construct a storage power plant,
etc., etc. On Jan. 18 the Massachusetts Gas & Electric Comlias made a mortgage to the Illinois Trust & Sivings Bank, as trustee, to secure |225,C00 first mortgage 6 per mission held a hearing on the matter.
cent 10 year gold bonds.
United States Flour Milling Co.— New Capital.— PreaiNorfolk & Washington Steamboat i^o.^ Redemption of dent George Urban is quoted as saying:
Bonds— New Stock.— A Washington (D. C.) paper says that
The Hecker-Jones-Jewell Interests couldn't get out if they wanted
this company, having increased its dividend to 8 per cent, is to. We bought 95 per cent of their stock and have covered their property with a mortgage. The company Is not going to disintegrate.
about to redeem $200,000 of 6 per cent bonds, and will in- Business
is good.
We can sell more flour than we can make. We are
crease its capital stock $100,000, making total capital $400,- accordingly looking for more working capital, and our chance of get000.
Each holder of three shares of stock is entitled to sub- ting it is bright. I don't think we shall get it by Issuing new stock.

company

scribe for one

new

As to a bond

share at par.

I

North American Iron Co.— Incorporation.— This mining
company on Jan. 9 filed articles of incorporation in New Jersey, the incorporators being

and William
capital stock

S.

Bigelow.

John Ralston, Jamps A. Pierson,
The new companv's authorized

$5,000,000, of which, it is said, $1,000,000 will
issued in shares of $1 each. The company can
is

presentljf be
operate in Pennsylvania,

New

Jersey, etc.

People's Light, Heat & Power Co. of Wilmington, Del.—
Incorporation. This company was incorporated
Delaware
on Jan 17^ by Philadelphia and local capitalists to construct

—

m

an electric light and power plant in Wilmington.

Author-

ized capital stock, $2,000,000.
Sharon Steel Co.— Increase of Stock.— The stockholders
on Tuesday voted to increase the capital stock from $3,000,OCO to 14,000,000 for additions, etc.—V, 69, p. 1305.

Shawmut Oil Co.— Incorporated.— This company has been
incorporated in Maine with $1,250,000 capital, divided into
50,000 shares of a par value of $25, as successor to the American Oil Co. The latter owns the West Virginia and Ohio oil
lands known in Boston as the Barnsdell properties, which
were to have been absorbed by the United States Oil Co.
Standard Gas Co., of New York.— Ifr. Sage Resigns.— A.t
a meeting of the directors oa Friday Mr. Russell Sage resigned as President, bis resignation to take effect Feb. 1.
Mr. Oliver S Carter, President of the National Bank of the
Repubhc, will take Mr. Sage's place on the Executive Committee, About 51,000 shares, being more than a majority of
the stock, signed the agreement for mutual protection.— V.
70, p. 86.

issue, I cannot say. Negotiations are going on now, but
to talk as to what our plans are.— V. 69, p. 1010.

am not prepared

Uuited states Oil Co.— See Shawmut Oil Co. above.— V.
69, p. 1348.

—

United Verde Copper Co. Soli. At auction on Jan. 9 the
property was bought in for $500,000 by James A. Macdonald,
representing the reorganization committee.
The sale included the entire issue of the stock and bonds of the United
Verde
Pacific Railway, running from the works to Jerome
Junction, on Santa Fe Prescott & Phoenix Ry. V. 69, p. 1153.

&

—

United Water, Gas & Electric Co. of Lancaster, Pa.—
Mortgage.— Thia new company has made a mortgage for
$450,000 .to the Pennsylvania Company for Insurances on
Granting Annuities, as trustee.
Lives
The company,
we understand, is organized to operate in Lancaster, Pa. V.

&

—

69, p. 1252.

Weyerhanser Timber Co.— /wcorpora izon.-This company
incorporation at Tacoma, Wash., on Jan. 18,

filed articlee of

preparatory to taking over the timber land (said to be 900,dOO acres) recently purchased from the Northern Pacific Ry.
Co. (see V. 69, p. 1103, 1301). Authorized stock is $6,000,000.

—The fifty- fifth annual statement of the Mutual Benefit
Life Insurance Company, of Newark, N. J., shows assets to
be $69,419,717 18, the largest item being $32,697, 443J32 in first
bonds and mortgages on real estate and $14,928,416 68 in
United States and other bonds at par. The liabilities include a 4 per cent reserve fund of $63,960,112, and dividends
due and unpaid of $371,774 75, the total being $64,840,707 24,
leaving a net surplus of 4,579,010 54, or, by the legal standard
of New York and New Jersey, based on th^ market value of
During last
assets and 4 per cent reserve, of $5,625,693 22.
year 18,236 policies were issued and revived, calling for
$41,847,346 of insurance, and the policies in force Jan. 1
numbered 108,178, covering $265,266,269.

Tampa, Fla., Electric Co.— The company has made a mortgage for $500,000 to the American Loan & Trust Co., of
Boston, as trustee, to provide for improvements, etc.
Telephone, Telegraph & Cable Co. of America.- Pmtc/fose.— Through Messrs. Wilson & Stephers of this city the
—Samuel H. Barrows, 38 Broad Street, advertifes several
company haw purchased a controlling interest in the Montdair & Bloomfield Telephone Co., an independent concern, issues of electric railway and other securities. Mr. Barrows
which has been operating in Montclair, Bloomfield and Glen has for many years made a special featxire of dealing in muRidge, New Jersey. It is expected that extensive improve- nicipal, traction and gas as well as steam railroad securiments and additions will be at once made.— V. 69, p. 1197.
His card appears regularly in the Chronicle, and this
ties.
United Electric Light Co. of Springfield, Mass.— iV«M) week it is on page viii.
Stock.— The directors on Dec. 23, 1899, voted unanimously to
Attention is called to the li.'^t of high grade investment
ask for an increase of the capital stock from $500,000 to $750, bonds advertised by Redmond, Kerr & Co., on page viii.

—

.

January

THE CHRONICLE

27, 1900.]

NEW YORK AND BROOKLYN TRUST
Investors' Supplement.

Dec. 31. '98.

$865,708

4,674,8^5

$865,708
5,900,725

375.97rt

!^98,005

123,159
63,259
236,189
7,589

320,959
11,980
26,649
12,929

6,456,725
196,818
321,014
)H,230
279,833
13,246

$6,176,540

$7,436,955

$9,151,574

$500,000
663,293
6,084,020

$500,000

$220,0^5
475,386

Stock luvestm'tscmarket value)
Amount loaned on collaterals.
Am. loaned on pers'l spcurities.
Real estate (estimated value).
Cash on band.
Casta ou depi sit.
.

a.->sets......

Total.

Liahilities.

$500,000
61,027

Capital stoofe

Undivided prollts
Gen'l dep'iis, pay'leon dem'nd
Other liabilities

5,516,972
98,540

$6,176,540

Total

Supvlementary.
$397, S90
Tot. amt of protlts during year.
126,413
Int. credited dep'rs sameper'd.
Exp. of institution, same per'd.
3 ^,343
Amt. of dIVH. decl'd, same per'd
740,000
Amt. ofdep.OB wh'h int. is all'd. 5,516,972

.'i68,3t)4

89,64 <5

6,917,819
165,361

$7,436,955

$8,151,574

1

'$191,845
*62.337
'19,609
* 15,000
6,084,020

li2to4%

Rate of interest

Bonds and mortgages

lifl

Stoclf lnve.'^t'8

(market value).

Amount loaned on

collaterals.
Amt. loaned oo pers'l seourit's
Real estate (estimated value)..

Cash on band. ...
Cash on deposit
Other assets
Total.

to

$379,342
142,299
38,166
25.000
6,917,819

4%

1»« to

4%

Cash on band
Cash on deposit

Surplus fund
Contingent fund as set a side by
the Board of Trustees
Deposits in trust
General dep'ts, pay. on dem'd

J'M»)e30,'99. Dec. 31, '98.

$237,000
965,563

$292,'470

2,644,703
142,771
69.798
2,581
689,562
255,546

991,758
3,672,236
74,612
70,044
4,924
767,253
423,648

3,839,578
1H9,872
70,364
1,583
1,075,813
423,078

$5,607,770

$6,297,445

$6,782,851

$1,000,000
340,083

$1,000,000
264.016

129,.'>84

Other

liabilities

,.

Total

$1,000,000
396,045

4.H5!a,747

169,031

37,837
5,273,104
2o7,89i

$5,607,770

$6,297,445

$6,782,851

*$1 30,995

$266,819
85,812
50,670

*

13,437

*24,8"-5

4,150,7o5
1^2 to 3 p. c.

Undivided

Deposits in trust
General deposits payable on

Other

Resources.
Stock investments (market value)

1 to 3 p.

e.

Dec. 31, '99.

$2,854,419
l,98tj,f>00

collaterals

Cash on hand
Cash on depof^it
Due from banks
Other assets
Total

$5,253,624
Liabililies.

Capital Ptock

$1,500,000
1,500,000
7,134
2,242,649
3,840

Surplus fund
:
Undivided prolits
General deposits payable on demand
Other liabilities
Total

$5,253,624

Supplementary.
Total amount of profits during the year
Interest credited depositors during same period

$20,914
31."^

Expenses of Institution, same period...
Amount of deposits on which interest is allowed

21,592
1,351,830
l>a to 3 p. o.

.

.

Reso^irces.

Dec. 31, '99.

Stock

(market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)..
Cash on hand
Cash on deposit
Other assets
in vest's

Total

Jwne

$60,250
3,561,984
6,924,702
519,714
I=i7,761

72.076
634,990
307,080

$12,238,560

30,'99. Dec. 31, '98.

$90,300

$146,500

3,921,888
8,099,378

3,158,991
7,769,345

547,193
143,862
76,889
948,137
333,478

976,290
131,736
97,329
959.957
276,099

$14,166,125 $13,516,247

Liabilities.

Capital stock
$1,000,000
Surplu 9 rd& undivided profits.
1,697,912
Deposits in trust
366,026
General deposits pay. on dem.
9,098,675
•

Other

liabilities

75,945

Total

$12,238,560
Supplementary.
Tot.am't of profits durlngyear.
$555,538
Int.credited depos's same per'd
231,712
Exp.of institution, same per'd.
87,546
Am't or divs.decl'd, same per'd
160,000
Amt.of dep.on which int is all'd 9,162,850
Rate of interest
2 to 3iap. o
•

For the

six

months

only, Jan. 1 to

2,059,698
404,516
,

Supplementary.
Total amount of profits during the year
Interest credited depositors during same period..
Expenses of institution, same period

Amount of

deposits on which interest

is

$4,056,922

$122,107
14,049
40,187

.

allowed.

.

Rate of interest

2.471,198
lifl

to4p. 0.

CENTRAL TRUST COMPANY.
Resources.
Dee. 31, '99.

Bonds and mortgages

June 30.

'99.

Dec. 31, '98.

$221,224

$138,638
Stock in vest's (market value).. 13,721,624
Amount loaned on collaterals. 34,422,088
408,000
Ara't loaned on pers'l securit's.
984,696
Real estate (estimated value)..
28,87.9
Cash on band
4.408.857
Cash on deposit
542,119
Other assets

$151,688
14,389,734
43,157,403
434,000
982,743
23,832
4,389,025
251,387

12,777,308
36,091,992
259,000
981,170
15.S86
4,409,252
715,215

$54,674,954

$63,779,816

$55,470,547

$1,000,000
8,752,238
2,616,306
51,015,934
395,336

$1,000,000
8.133,073
4,996,879
40,981,402
359,193

$54,674,954 $63,779,816
Suppletnentary
Total amt profits during year. $4,182,232 *$1,381,701
'4H6,407
1,0^7,375
Int. credited dep's same per'd.
*102,413
205,567
Exp. of institut'n. same per'd.
*250,000
500,000
Am't ofdivs. decl'd, samo per'd.
Amtofdep on whichint.is all'd 39.203,816 45,316,»il7
1 to 3 p. c.
1 to 3 p. o.
Rate of interest

$55,470,547

,

$1,000,000
10,257,566
Surplus fund
1,879,148
Deposits in trust
General dep'ts, pay. on dem'd. 41,298.460

Capital stock

239,779

Other liabilities
Total

$2,526,749
651,596
198,391
500,000
35,173,509
1 to 3 p.

0.

CITY TRUST COMPANY.

$1,000,000
1,632,955
351,033
11,095,516
86,621

$1,000,000
1,593,665
742,103
10,094,842
85.637

$14,166,125

$13,516,247

*$256,788
*1 11,477
*40,343
•80,000
11,096,634

$486,216
221,417

June 30

2 to 3 p.

0.

83,758
160,000
10,148,031
2 to 3 p. c.

$36,000

/Mwe30,'99.
$20,000

1,358,199
8,340,796
328,919
12,952
1,952,900
93,923

1,596,842
8,876,421
160.920
9,362
1,913,052
63,319

$12,123,721

$12,639,916

$1 000,000
I,0r0,000
181.277
227,150
9,647.918
67,474

$1,000,000
1,000,000
41.029
87,922
10,471,744
39,221

$12,123,721

$12,639,916

Dec. 31, '99.

Bonds and mortgages

;

Stock investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities

Cash on hand
Cash on deposit
Other assets
Total
Liabilities.

Capital stock
Surplus fund

Undivided profits
Depositsin trust
General deposits payable on demand
Other liabilities
Total

'..
Total amount of profits during year..
t$352,368
tl06,l79
Interest credited depositors same period
t55,050
Expenses of institution, same period
Amountof deposits on which mt. is allowed. t9.155,122
Rate of interest
t2 to 4 p. c.

*$98,529
*43,353
*22,861
10,529,823

COLONIAL TRUST COMPANY.
Resources.
Dec. 31, '99.

Bonds and mortgages
Stock investments (m'k'tval.)
Amount loaned on collaterals.
Am't loaned on pers'l securit's

Cash on hand
Cash on deposit
Other assets
Total

$201,750

31, '98.
$21.^,000

8,903,024
583,246
84,951
2,9«0,208
178,889

1,839,212
10,902,257
1,468,503
55,554
3,257.800
199,277

1,795,853
6,850,154
799,508
43,749
1,993,423
155,563

$15,075,829

$17,927,358

$11,851,250

$1,000,000
500,000
344,777
75,719
15,905,355
101,507

$1,000,000
500,000
164,897
92.472
10,030,488
63,393

$192,750
2,172,"! 59

Jime 30,'99. Dec.

Liabilities,

$1,000,000
500,000
Undivided profits
435,467
51,911
Deposits in trust
General deposits pay. on dem. 12,992,479
Other liabilities
95,970
Capital stock
Surplus fund

BROOKLYN TRUST COMPANY (BROOKLYN.)
Bonds and mortgages

demand

liabilities

Total

3,115

385,696
9,250
14,643

Rate of interest

500,000
81,207
11,500

profits

4,901,046

BANKERS' TRUST COMPANY.
Amount loaned on

$l,0'iO,000

Capital stock
Surplus fund....

Resources.

100,000
100,417
3,990,566
20,741

Supplementary.
Tot.am'tof profits during year.
$254,721
Int.credited dep'rs same per'd.
87,343
54,903
Exp. of instit'on, same period.
Amt.ofdep.onwhichint.ls all'd 3,600,000
IJ^ to 4 p. o.
Rate of interest

$4,056,922
Liabilities.

Total

Liabilities.

Capital stock

1,738,939
1,096,539
11,752
290,607
29,852

Liabilities.

$323,470
1,479,337

.

$656,435
232,796

Stock Investments (market value)
Amount loaned on collaterals
Real estate (estimated value)

ATLANTIC TRUST COMPANY.
Resources.
Dec. 31, '99.

Dec. 31, '99.

Total

JuMe30,'99.

Bouds and mortgages

Resources.

Bonds and mortgages

Other assets

american deposit & loan company.
Resources.
JDec. 31,'99.

181

CENTRAL REALTY BOND & TRUST COMPANY.

GO'S.

Reports of these companies Dec. 31, 1899, compared with
Dec. 31, 1898, and June 30, 1899, are as below: The reports for
Dec. 31, 1897, and June 30, 1898, are in the Jan., 1899,

Other

.

$15,075,829 $17,927,358 $11,851,250
Supplementary.
*$355,066
$338,962
$700,638
Tot. am't of profits during year
100,429
*130,003
318,662
Int. credited dep's, same per'd
104,777
*57,240
117,107
Exp. of institut'n, same per'd.
Amt.of divs.decl'd same per'd. 5 per cent
10,068,247
Am'tofdep.on which int.isall'd$l 2.81 3,605
15,738,917
2 to 4 p c. *li2to3i3p.o. li« to 31a %
Elate of interest
Total

CONTINENTAL TRUST COMPANY.
Resources
Dec. 31,'99.

Bonds and mortgages
Stock in vest's (market value)..
Amount loaned on collaterals.
Amt. loaned on pers'l securit's
Real estate (estimated value)

Cash on hand
Cash on deposit
Due from banks
Other assets
Total
*

June 30, '99.
$63,075
1,120,304
6,443,962
190,760
123,500
4,266
1,010.320

$86,075
1,247,002
5,402,206
154,020
123,500

$69,175
1,337,998
5,363,863
70,081

71,702

123.500
3.507
912,999
20.000
43,036

$9,057,889

$7,944,159

5.861

960.189
11,000
93,123
$8,082,978

Dec. 31, '98.

For the six months only, Jan. 1 to June 30.

t

Ten months

only.

..

.

1

THE CHRONKH.R

182

CONTINENTAL TRUST COMPANY-(Concluded).

FRANKLIN TRUST

CO. (BROOKLYN)— (Concluded.)
Supplementary.

Liabilities.

Dec. 31 '99,

Capital stock
Surplus fund

June

$50o'oo6
500,000
107,3H6
1 ,157,'> 35

Undivided profits
Deposits in trust
General dep'ts, pay. on dem'd.

Dec. 31, '98.

$500,000
250,000
179,715
584,452

5,808,249
9,905

1,327.974
6,686,064
9,311

6,415,144
14,848

$8,082,973

$9,057,889

$7,944,159

*$229,192
*89,396
32,556
*1 5,000
6,215,687

$380,P46
151,866

Other liabilities
Total

30,'99.

$500,000
500,000
34,540

Dec. 31, '99. June 30, '99.
Tot.am't of profits during year
$502,131
*$283,302
Int. credited dep's. same per'd.
159.914
*77,0.o5
Exp. of Institution, same per'd.
-39,503
77,879
Amt. of divs.decl'd.same per'd.
"50,000
100,000
Amt.ofdep.on which int.is all'd 6,311,782
6,969,846

Rate of interest

liato4p.c.

$590,097
179,745
63,714
30,000

Int. credited dep's same per'd..
Exp. of institution, same per'd.

Amt.divld'dsdecrd, same per'd
Amt.ofdep.onwhicliint.i8aU'd 6,064,639
Bate of interest
l^a to 4 p. c.

FARMERS' LOAN

«fe

1 to 3 p.

60,227
30,000
5,487,878
1 to 3 p. o.

c.

Resources.
Dec. 31, '99.

June 30, '99.
.15601, 40i>

$947,200

Stock invest, (market value)...
6,651,900
Amount loaned on collaterals 32,872,845
Am't loaned on pers'l securities
Real estate (estimated value).
1,000,000
Cashonhand
2,045
Cash on deposit
6.071,215
Other assets
1,301,820

7,187,9ii0

7,106,6(5
34,035,474
73,000
1,000,000

ToUl

$48,238,402

Cashonhand

38,090,098
33.000
1,000,000
3,046
8,916,051
1,127,877

552
6,680,294
1,170,576

$56,9c9,37i

$51,013,701

$1,000,000
5,liy,409
50,634. OH
105,055

$1,000,000
4,943,151

.....$48,238,402 $56,959,37^
Sujyplementary
Tot. am't of profits during year $1,909,90;}
*$915,250
Int. credited dep's, same per'd.
'498,440
1,046,456
Exp. of Institution, same per'd.
*80,769
164 ,412
Amt. of divs.decl'd same per'd.
'150,000
300,000
Amt.ofdep.,onwhichint.isall'd 37,677,684
47,416,884
Bate of interest
1 to 4i« p. c. 1 to 4Jfl p. c.

$51,013,701

$1,000,000

Surplus fund
Deposits in trust

5,fS25,124

41,519,851
193,426

Other liabilities

Total

44,875,<158

195,492

Bonds and mortgages

Stock investmts. (market val.)
Amount loaned on collaterals.

Amt.loaned on pers'l
Cash on hand
Cash on deposit

securit's.

Other assets
Total

$1,407,956
683,393
171,839
300,000
40,913,417
1 to 41a p.

0.

30,'99.

Dec. 31, '98.

$107,000

$87,000

2,685,559
2,916,459
684,898
52,835
642,853
40,273

2,901,072
4,529,387

$40,000
1,765,587

430,864
67,767

2,464,728
1,282,482
18,258
322,785
37,820

$7,029,880

$9,401,616

$5,931,660

l,3t)3,30t

22,232

$500,000
500,000
208,133

$500,000
500,000
105,694

$500,000
500,000
51,302

5,770,033
51,713

8,245,163
60,759

4,853,801
26,557

$7,029,880
Supplementary.
Tot.amt. of profits during year
$336,218
Int. credited dep'rs, same per'd
137,458
Bxp. of institution, same per'd
41,928
Am't of dep. on wh. int. is all'd. 5,707,033
I3 to 3p. 0.
Bate of interest

$9,401,616

$5,931,660

$144,303
•62,327

$132,238
44,078
31,688
4,638,687
1 to 3 p. 0.

Undivided

profits

Qen'l dep'its pay'le on dem'nd.

Other

liabilities

Total

*22,458
8,112,413
liato3p.c.

$27,071,351

lto4p.

Stock Investments (market value)

327,243

Amount loaned on collaterals
Amount loaned on personal securities

173.1.''

15,655
22,119
60,615
7,708

Cash on hand
Cash on deposit
Other assets

$200 000
100,Oro
2,149
339,198
4,645

demand

Total

$7,308
1,509
4,163
339,19-j

2 to 4

Stock Invest's (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securities
Real estate (estimated value)
.

Cashonhand

Cash on deposit
Otherassets
Total

June

Undivided

profits

p. 0.

Dec, 31, '98.

$447,850

$440,850

3,855,374
2,288,941
664,609
493,457
109,492
1,071,428
70,222

3,544,511
2,820,471
1,011.102
492,916

$445,600
3,345,690

$8,901,377

2,430,9 i9

e0.0-'4

925,151
527,642
64,843

972,421
53,987

1,396,011
78,127

.$9,396,342

$9,214,023

Deposits in trust
General deposits, pay. on dem.

Other liabilities
Total.
*

$2,000,000
3.000,000

i*72,529

338,37a

1,557,806
26,459,671
1,115,903

1,334,786
21,^79,642
509,858

$35,005,909

$28,462,656
$1,331,368

422,70&
176,154
240,000
20.066,222

lto4p.o.

$775,29»

2,020,69
3,00'' .057
37,705

1,83»,740
2,639,04^

2,687,5<i8

81,700
48.865
50,221
585,284
110,686
$5,881,376

Total

Dec. 31, '98.

22,040
44,033
574, :85
160,634

45,550
22,508
30.585
874,860
148,943

$6,573,794

$6,436,529

$500,000

$500,000

f)00,000

13rf,020

0,000
118,640
101,179
5,045,691
171,019

$6,573,794

$6,436,529

*$l38,62i
*63,506
*25,02?

$251,358
117,466
47,^87
40.000
4.980,596

Liabilities.

$500,000
500,000
154,8^1
15y,87b

Capital stock
Surplus fund

Undivided profits
Deposits in trust

General deposits, pay. on dem.
Other Uabilities

144,306
151,411
5,139,057

4,465,136
101,504

Total

$5,881,376

Supplementary.
Totam't of profits during year. $304,753
Int. credited dep's, same per'd.
125,418
Exp. of institut'n, same per'd.
48,401
40,000
Am'tof divs.decl'd. same per'd.
Am'tofdep.onwhichint.is all'd 4,515,011
2 to 4 p. 0.
Rate of Interest

20,000
5,160,666
2 to 4 p. 0.

5<

2 to 4

p. c.

HOLLA.ND TRUST COMPANY.
Bonds and mortgages
Stock investm'ts market value
Amount loaned on coUaterals.

June

30, '99.

Dec. 31, '98.

$11,2^4
373,027
216,166
414,301

1,483
26,268

$11,386
600,512
208,756
236,604
10,970
11,145
22,935

$1,091,978

$1,102,309

$1,0:5,358

$500,000
66,509
51,527
107,736
366,208

$500,000
78,990
58,631

$500,000

358,239

83.223
64.967
92,046
335,122

$1,091,978

$1,102,309

$1,075,353

$11,386
597,265
207,013
247,981

Real estate (estimated value).

Cashonhand

550

Cash on deposit
Otherassets

820
25.33&
34,472

Liabilities.

Capitalstock
Surplus fund
Deposits In trust
Gen'l dep. payable on

demand

Other liabiliUes
Total

10ci,449

Supplementary.
$5,289
*$5,137
Tot. amt. of profits dur'g year.
4,114
*2,273
Int. credited dep's, same per'd
14.787
*8,675
Expens. of instlt'n. same per'd
98,671
Amt.of dep. onwh. int. allow'd
108,335
2 to 419 p. o. 2to4iap.o.
Rate of interest

$32,695
4,224
17,635

113,595

2to4i3P.c.

Resources.
Dec. 31, '99.

Bonds and mortgages
Stock invest's (market value).
Amount loaned on collaterals.
Am't loaned on pers'l securit's
Real estate (estimated value)..

Cashonhand
cash on deposit
Otherassets

30, '99.

Dee. 31. '98.

$129,360

$181,860

1,527,972
5,206,471

1.766,620
5,151,134
651,144
227,042

1,645,419
5,570,678
588,762

747,342
224,500
61,338
333,687
72,615
$8,306,659

Total

June

$132,733

61,750

240,026
73,810
432,016
48,129

$3,427,501

$8,780,700

$500,000
850,000
67,007
233,995
6,687,087
89,412

$500,000
850,000
28,812
211,887
7,127,823
62,178

$8,427,501

$8,780,700

fi4,686
37."i,7ti5

Liabilities.

$1,000,000
1,202.288

$1,000,000
1,125,809

194,256
6,353,942
86,966

250,253
6,8 3,207
130,594

440,089
6,558,-96
89,229

3,901,377

$9,396,342

$9,214,023

25 0,<) 00
1,016,211

$2,000,000
a,000,000

KINGS COUNTY TRUST COMPANY (BROOKLYN).

30, '99.

$1,000,000

$28,462,656

1,635,485

Otherassets

Liabilities.

Capital stock
Surplus fund

$35,005,909

$705,849

Cash on deposit

FRANKLIN TRUST COMPANY (BROOKLYN).
Bonds and mortgages

1,4*1,671
132,141

$50,000
13,415,273
8,385,839
146,031
149,553
77,721
4.659,721
1,429,273
149,216

/wic30,'99.

Cashonhand

$645,992

Supplementary.
Total amount of profits during the year
Interest crenited depositors during same period
Expenses of institution during same period
Amount of deposits on which Interest is allowed

Resources.
Dec. 31, '99.

Dec. 31, '98.

$681,624

Stock Invest's (market value)..
Amount loaned on collaterals
Ani't loaned on pers'l securit's.
Real estate (estimated value)

$615,992

of interest

30,'99.

$25,000
15,819,430
11,872,^64
463,158
151,135
97.657
5,012,753

Resources.
Dec. 31, '99.

Bonds and mortgages

Liabilities.

Bate

0.

HAMILTON TRUST COMPANY (BROOKLYN)

Total
Total

Capital stock
Surplus fund
Undivided profits
General deposits payable on
Other liabilities

June

c.

Resources.
Dec. 31, '99.

Dec .31, '99.
$39,500

Bonds and mortgages

to 4 p.

1

Supplcmenlary.
Tot. am't of profits during year. $1,696,774 '$1,035,935
Int. credited dep's, same per'd.
*276,«78
563,489
*104,7H8
Exp. of institution, same per'd.
181,584
*12(',000
240,000
Am'tofdivs.decl'dsameper'd.
Am'tofdep.on which int.is all'd 18.047.74 2
25,439,549

FLATBU8H TRUST COMPANY (BROOKLYN)
Resources.

292,500
152.564
50,962
3,807,226
1,497.994
299,423

$2,000,000
3,500,000
Undivided profits
404,191
Deoosits in trust
1,410,232
General deposits, pay. on dem. 19,579,136
t>ther liabiUties
177,790

.

Liabilities,

Capital stock
Surplus fund

8,707,89,i

Capitalstock
Surplus fund

.

June

$25,000
12,237,786

$27,071,351

Rate of interest

FIFTH AVENUE TRUST COMPANY.
Resources.
Dec. 31, '99.

^to4p.o.

Liabilities.

Total

Total

$426,222
124,495
77,125
85,000
6,898,55&

Dec. 31, '98.

Liabilities.

Capital stock

.

.

Otherassets

Dec. 31 '99.
$338*,575
.

Stock invest'ts (market value) .
Amount loaned on coUaterals..
A'm't loaned on pers'u'l sec' t's
Real estate (estimated value)

Duefrombanks

Resaurces.

Bonds and mortgages

Bonds and mortgages

Cash on deposit

TRUST COMPANY.

Dec. 31, '98

GUARANTY TRUST COMPANY.

SuiiplemeHtary,

Tot.am't of profits duringyear.

lxx.

[Vol.

Undivided
1

For the six months only. Jan. 1 to June 30.

$500,000
900,000
41.549
169,188

Capitalstock
Surplus fund
profits

Deposits in trust
Gen'l deposits, pay. on

Other liabUities

For the

6,598.859
97,062

$8,306,659

Total
*

demand

six

months

only, Jan. 1 to

June

30.

.

January

IHE CHRONICLE

37, 1900.]

183

KINGS COUNTY TRUST CO. (BROOKLYN.) -Concluded)

MERCHANTS' TRUST COMPANY.

Supplem entari/.

Resources,

JMne30.'99.
$152,625
*77,971
*30,207
*2i,500

Dec. 31.799

$351,648
156,«32
62,767

Total am't profits duiiiif? year.
Int. cred dep's same period ..
Exp. of institut'n same period.
Am't of divs. decl'd same per'd
A.m'tofdep.onwliiohint.i8all'd
.

4.7,500
6,?i33,859
2 to 3 p. c.

Rate of interest

2>ec.

31, '9a.

6,6<'0.000

$298,285
135,287
60,879
40,000
7,062, S2?

2to3v).c.

2to3p.o.

Jtesources.

Dec. 31

Bonds and mortgaffes

,

June 30.'99

'99.

Dec. 31, '98
$23><,550

$564,900

$754,400

Stock invest'ts (market value)
3,375,159
Amount loaned on collaterals 12,555,153
355,225
Am't loaned on pers'l securit's.
140,92.S
Cash on hand
Cash on deposit
1,433,017
Other assets
243,0s0

1,802,292
14,585,779
636,503
173,180
2,596,141
397.543

2,340,655
12,512,953
270,677
138,962

$20,945,838

$18,2e2.547

*l,000,000
957,884
1,312.712
15,231,435
165,431

$1,000,000
843.87'

$1,000,000

1,96-',119
16,^(58,004

1,859,815
14,5 i6,348

165,844

141,020

$18,667,463

$20,945,838

$18,282,547

Hupplementari/.
Total am't oroflts durin? year.
$795, '''06
Int. credited dep's same per'd.
378,988

*$374,143

$600,^0^
269,538
140,250
70,000
14,116,678

.
.

$18,667,463

Undivided profits
Deposits in trust
Gen'l deposits, pay. on demand
liabilities

Total

Exp. of institut'n same

$1,656,852

2,.'i53,600

222,506

Capital stock
Surplus fund
General deposits payable on

Other

Am't

of divs. decl'd, sanpe per'd

*188,3'>7

*82,232
*35,000
17,111,486
1 to 3 p. c.

Am'tofdep.onwhichint.isali'd 14,798,>-38

Rate of interest

1 to 4p.

o.

1 to 3 p.

Total

$1,658,852

Supplementary.
Total amount of profits during the year
Interest credited depositors during same period.

same period
deposits on which interest

Expenses of

1,984,245
91,700

1,769,41-0
104, 200

loo.ooo
53,730
1*2,776
133,252

100,000
42,932
279,403
132,355

$4,001,114

$4,299,078

$4,232,820

$500,000
517,396
72,624

$500,000
504,309

.

Cash on hand
Cash on deposit
Other assets
Total

$259,000
1,545,450

Liabilities.

Capital stock

Undivided

$500,000
530.<i69

profits

Deposits in trust
Gen'l deposits, pay. on dera'd.

Other

52,837
2,892,245
25,962

liabilities

is

allowed.

3,131,837
77,221

69,603
3,1^8,436
30,472

2 to 3

$4,001,114
SupplemeiUary.

$4,299,078

$4,232,820

Tot. am't profits during year.
Int. cred. dep's same period..
Exp. of instil ut'n 8 ime per'd.
Am't divs. declared same per'd

$168,884
77,843
23,164
42,500

Amt.ofdep.on which int.isall'd
Rate of interest

2,915,082

*$86,181
*39.189
'18,890
*20,000
3,204,462

3,198,939

2to4p.c.

2to4p.c.

2to4p.c

.

$168,735
63,009
28,913
40,000

MANHATTAN TRUST COMPANY.
Resources,
Dec. 31. '99.

June

30, '99.

Dec. 31, '98.

$3,000
3,378,266
6,885,178

$8,000
2,921,775
4,743,b99

500

500

500

3,182,921
623,867

4,184,369

2,721,981

455,284

39t',914

$11,655,170

$14,911,597

$10,787,069

$1,000,000
200,000
820,094
2,253,556
10,628.947
9,000

$1,000,000
200,000
621,341
247,296
8,537,792
180,640

Bonds and mortgages

$8,000

Stock in vest'ts (market value).
Amount loaned on collaterals.

3,211,165
4,628,715

Cashonhand

Cash on deposit
Other assets
Total

Liabilities.

Capital stock

$1,000,000
Surplus fund
200,000
Undivided profits
994,476
Deposits in trust
872,788
Gen. deposits, payable on dem. 8,578,904
Other liabilities
9,000
Total

$11,655,170 $14,911,597
Supplementary.
Tot. am' r of profits during year
$794,323
*$401,262
Int. credited dep's, same per'd.
206,811
*96,130
Exp.of institution, same per'd.
111,466
'52,865
Am't of divs.decl'd.same per'd
55,O00
25,000
Am'tofdep.onwhichintisall'd 7,020,776
10,839,514
Rate of interest
1 to 4 p. c.
1 to 4 p. c.

$10,787,069

$419,945
118,136
105,606
50,000
7,790,047
1 to 4 p. c.

MANaFACTURER3' TRUiT COMPANY (BROOKLYN).
Resources.
Dec. 31, '99.

—

Bonds and mortgages

Resources.
Dec. 31,'99.

June

$215,720

Bonds and mortgages

8tockinvest's(marketvalue)..
Amount lo-.ned on collaterals.
Amt. loaned on ptrs'l sec'ties

Stock invest's (market value)..
7,860,047
Amount loaned on collaterals. 31,247,672
Am't loaned on pers'l securit's
12,100
Real estate (estimated value)
38,845
Cash on hand
17,177
Cash on deposit
8,826,166
Other assets
68,527

$166,000

$171,000

1,392.714
2,433,673

2,016,211
2,136,252

766,560
36,523
105,726

718,830
34,472
693,166
105,166

$6,117,884

$5,875,097

2,288, 2.-17

838,802
41,192
752.821
81,359

Cash on deposit
Other asstts

$5,718,669

1,216,688

12,394,874
205,969

$53,682,668

$44,138,261

$2,000,000
3,000,000
896,973
612,806
46,411,260
761,629

$2,000,000
3,000.000
666,427
457,514
37,937,153
77,167

$48,286,259 $53,682,668
Supplementary.

$44,138,261

$903,2P5

$1,685,854
551,796
160.371

$48,286,259
Liabilities.

$2,000,000
4,000,000
230,785
Deposits in trust
590,792
General dep'ts, pay. on dem'd. 41,380,201
Other liabilities
84,478
Total

Tot. am't of profits during y'r. $1,94"*, 209
Int. credited dep's. same pei'd.
894,462
Exp. of institut'n, same per'd.
170,388
Am't of divs.deci'd.same per'it
320,000

Amt.ofdep.on which int.
Rate of interest

isall'd

*433,695
*79,054
* 160,000
42,486,188

38,574,746
1 to 4 p. o.

Undivided profits
Deposits in trust
Gen'ldeposits, pay'le

Other

$500,000
500,000
237.907
151,222

$500,000
500,000
252,4i5
141,520

$500,000
500.000
202,993
155,261

4,274,880
54,659

4,655,400
68,479

4,463.40i
53,140

$5,718,699

$6,117,884

$5,875,097

ondem.

liabilities

Total

,

Supplementary.
Tot. am't of profits during year.
$247,025
Int. credited deps. same per'd.
118,033
Exps. of instltu'n, same per'd.
52,962
Amt, of div. decl'd, same per'd.
50,000
Amtofdep. on which int.isall'd 4,426,102
Bate of interest
2to4D.c.
*

For the six months only, Jan.

1

to

June

to 3 p.

I

240,000
33.861,540
1 to 3 p.

0.

.

METROPOLITAN TRUST COMPANY'.
Resources.
Dec. 31, '99.

June 30,'99. Dec. 31,

Stock invest's (market value).. $1,885,924
Am't loaned on collaterals
13,213,400
Real estate (estimated value)
48 1 .800
Cash on hand
5,904
Cash on deposit
1,287,228
Other assets
190,4'.i2
.

Total

$17,064,679

'98.

$1,983,812
17,189,995
481,800
6,150
2,554,408
198,256

$1,932,528
12,978,114
481,800
11,762
2,389,923
146.575

$22,414,421

$17,940,702

$1,000,000
1,000,000
20,065,569
98,222

$1,000,000
1,000,000
157,702
15,696.706
86,294

$22,414,421

$17,940,702

*$313,486
*168,750
*33.-70
•50,000
19,579,S74

569,033
268,465
78,914
100,000
14,«92,570

.

Liabilities.

Capitalstock

$1,000,000

Surplusfund
1,000,000
Undivided profits
425.265
General deposits, pay. on dem. 14,545,841
Other liabilities
93,572
Total

$17,064,679
Supplementary.
Tot. am't of profits during year
$826.79^
Int, credited dep's same per'd
407,14 5
Exp. of institut'n same per'd.
76,016
Am't of divs. dec. same per'd.
100,000
Am'tof dep.on whichint isall'd 13,450,967
Rate of interest
1 to 4 p. 0.

2='0.630

lto3p.

1

0.

to 3 p.

c.

MORTON TRUST COMPANY.
Dee. 31, '99.
$2,7-4,566

Resources.

Stock investments (market value)
A mount loaned on collaterals
Amount loaned on personal securities

3127,010

200000

Cash on hand
Cash on deposit
Other assets

3.000
1,220,876
33,241

...

Total

$7,340,695
Liabilities.

Capital stock
Surplus fund

$1,000,000
1,500.000
49,538
4,791,156

Undivided profits
General deposits payable on demand

$7,310,695

Supplementary
during the year

amount of profits
Interest credited depositors during same period
Expenses of institution, same period
Amount of deposits on which interest is allowed
Rate of interest
Total

$98,859
23,348
23,972
4,773,9'?8

2 to S^ap.

c.

NASSAU TRUST COMPANY (BROOKLYN.)
Resources,
Dec, 31, '99.

Bonds and mortgages

Liabilities.

Capital stock
Surplus fund

Dec. 31, '98.
$310,««74

6,528,280
28,842,701
188,800
44.879
61,109
8,120,063
41,755

Total

Dec, 31, '98.

$160,000

Cashonhand

Total

'99.

1,556.256

.

30, '99.

$265,874
4,980,297
35,687,974
62,300
38,845
46,535

Total

June 30.

p. 0.

MERCANTILE TRUST COMPANY.

.

Total

153,105

Rate of interest

Undivided profits

1,690,755
103,700
lOO.OOO
56.213
134,925
132,038

Stock invest's (market value)..
Am't loaned on collaterals...
Am't loaned on pers'l securit's
Real estate (estimated value)...

87
1,461

Capital stock
Surplus fund

Dec. 31. '98.

$245,000
1,53?, 462

$1,888

institution,

c.

Jitne 30,'99.
.$240,000
l,fi53,375

Bonds and mortgajres

demand

liabilities

77.^.358

LONG ISLAND LOAN & TRUST COMPANY (BROOKLYN.)
Resources.
I>ec. 31, '99.

$500,000
1,000,000
153,231
3,621

.

156,712
70,000

per'd..

6,725

Total

LiabiUlies.

Capital stock

$547,500
550,000
333
552,292

Cash on hand
Cash on deposit
Other assets.

Amount of
Total

Dec. 31, '99.

Stock Investments (market value)
Amount loaned on collaterals

Liahltilifs.

KNICKERBOCKER TRUST COMPANY.

Other

.

Stock invest's (market value)..
Amount loaned on collaterals.
An?' t loaned on pers'l securit's.

Cash on hand
Cash on deposit
Other assets
Total

Jime

30,'99.

Dec. 31,'98.

$441,919
882,724

$444,419
924,730

2,096,663
102,377
18,445
225,787
36,013

2,00h,125
253,791
27,106

458,692
46,549

260,186
25,866
208,510
71,189

$3,803,932

$4,163,412

$3,707,024

.$500,000

$500,000
330,820

$418,489
1,254,661
1,467,793

Liabilities.

*$154,306
*19,108
*2,897
*2o,000
4,796,920
2to3>2p. c.
30.

$233,194
81,908
37,666
50,000

Capital stock

Uudivided profits
Deposits intrust

Other

liabilities

$500,000
366,198
2,914,964
22,769

351,493
3,292,227
19,692

2,863,990
12,214

$3,803,932

$4,163,412

$3,707,024

4,515,>-38

2to3i3p.

Total

o.
*

For the six months

only, Jan. 1 to

June

30.

i

THE CHKONICLE

184

NASSAU TRUST COMPANY (BROOKLYN).— (Concluded.)

PRODUCE EXCHANGE TRUST COMPANY.

Supplementary,
June30,'99. Dec. 31. '98.
L-Dec. 31/99.
Tot. am'i of profits rturinsry'r.
'«72,201
$142,441
$161,566
Int. credited dep's, same per'd.
*3>!,476
60,060
71,407
Exp. of institution, same per'd
*13,611
27,449
27,241
'
30,Ono
Amt.of divs. decl'd, same per'd
30,000
15,000
Amtofdep.onwhicliint.i8all'd 2,914,964
2,863,990
3,292,227
Rale of interest
2to3i2p.<. 2 to Sifl p. c.
2 to 4'« p. c.

NBW YORK

LIF3 INSURANCE & TRUST COMPANY.
Resources.
Dec. 31, '99.

Bonds and mortf?ages

JMne30,

'99.

I>ec. 31, '98.

$3,417,972
9,818,456
7,144,426
10,407,189

1,809,337

$3,208,112
9,741,648
7,202,301
5,537,808
470,848
2,250,000
140,686
1,484,478

$35,146,952

$30,035,881

$3,044,372

Stock invests. (markPt value).. 10,466,.'i34
Amount loaned on collaret als. 5,554,933
Am't loaned on per.s'1 securlt's 7,653,124
Real estate (estimated value)..
449,660
Cashonhand
I.S25,'00
Cash on deposit.
314,088
Other assets
1,790,413
Total

$30,598,152

449,6t;0

1,925.000
1-74,912

ifesoMrces.

Dec 31.

'99.

J-^we 30,'99.

Dec. 31.'98.

Stock invest'ts (market value). $3,339,42.3
Amount loaned on collaterals. 5,110,190
Amount loaned on per'l secur..
729.237
Cashon hand
111,565
Cash on deposit
1,470,801
Overdrafts
16,025
Due from banks
12S.463
Otherassets
92,020

$1,837,202
6,216,047
979,530
12", 181
1,030,940
1,343
120,809
34,431

$1,758,512
2,009,264
1.395,908
193,143
1,173,453
3,872
161,756
331,479

$10,997,724 $11,624,231

$7,027,387

Total

Liabilities.

Capital stock

$2,500,000
2.500,000
141,466
Deposits in trust
21,614
General deposits, pay. on dem. 5,788,318
Other liabilities
46,325

$1,000,000
3,376,717
52,448
28,669,544
2,048,243

$1,000,000
2,990,07H
39,948

$30,598,152

$35,146,952

$30,035,881

Supplementai-y.
Total am't profits durng year. *1,506,&48
Int. credited dep's same per'd.
725,075
Exp. of institution, same per'd
133,883

*$769,061
*325,746

Am'tof divs. decl d.same per'd
400,000
Amt.of dep.onwhiohint.isaU'd 24,117,944
Rate of interest
1 to 5 p. o.

*200,000
28,669,544

$1,346,946
670,442
114,425
400,000
24,087,828

liabilities

Total

24,087,8'28

1,918,027

*.i7,085

1 to 5 p.

lto5p.o.

o.

NEW YORK SECURITY & TRUST COMPANY.
Resources.
Dec. 31, '99.

Bonds and mortgages

Total

$10,997,724

Dec. 31, '98.

1,945,993
144,563

$18,883,331

$17,147,497

$18,791,894

$1,000,000

41,835
1,753,546
224,939

$1,000,000
1,750,C00
129,8^9
15,874,370
37,635

$18,883,331 $17,147,497
Suppleme7Uary.
Tot amt. of profits during year $l.l05,79rf
**600,086
Int. credited dep's same per'd.
30=^,615
*156,693
Exp. of institutn same per'd..
*4.'^,513
89,216
Am'tof div. decl'd same per'd..
150,000
*50,000
Am'tofdep.onwhichint.isall'd 14,792.530
12,756,097

$18,791,894

;;,000,000

145,471
15,690,302
47,557

Deposits in trust

Other liabilities
Total

of interest

1 to 3 p.

$833,410
267,805

lto4p.o.

o.

Resources.
Dec. 31, 559.

/Mne30,'99.
$75,257
755,239
666,700
96,276
222,271
2.886,623
864,671
90,034

Dec. 31, '9».

$11,086,181

$5,657,076

$2,756,666

$1,000,000
30 >,000
296,087
271. X99
3,741,280
48,330

$1,000,000

Cash on deposit
Otherassets
Total

$35,892
945,437
93,796
28,381
103,715
778.460
764,292
6,693

Liabilities.

Capital stock
Surplus fund

Other

$2,000,000
1,000,000

129,669

profits

Deposits in trust
Generaldep'ts, pay. on

280,055

demand

7,fi09,473

166,984

liabilities

Total...

$11,086,181
Supplementary.
Tot. am't of profits during year
360,331
Int.crediteddep'rs same period
17,215
Exp.of iDstitutioD.same peiiod
171,916
Am'tof divs. decl'd. same per'd
75,000
Am'tofdep.onwhichint.isall'd
703,973

Rate of interest

liflto3p.o

PEOPLE'S TRUST COMPANY
Dec. 31. '99.
$84(5.188

Stock invest'ts (market value)
Amount loaned on collaterals.
Am't loaned on pers'l secui it's.
Real estate (estimated value)...

103,856
410,164
1,006,253
36,393

$5,657,076
*209,105
*7.046
*85,979
*25,000
554,492
Ii2to3p.o.

June

30,'99.

$842,638
2,032,817

3

e.

Dec. 31,'98.

$811,813

$1,000,000
1,000,000
298,252
494.849
9,081,345
271.985

$1,000,000
1,000,000

$12,033,413 $12,146,431
Supplementary.
Total am't profits during year
$512,555
*.*245,265
Int credited dep's same per'd.
241,911
*112,429
Exp. of iustitut'ii, same per'd.
63.597
*32,366
Am'tdivs. declared, same per'd
125,000
*75,000
Am'tof dep.onwbichint.isall'd 9.369.199
9,448,408
Rate of interest on same
2 to 4»s p. o.
2 to 4 p. o.

$11,221^661

Total

.

•*

For the six months only, Jan.

1 to

June

30.

2,417.101
19,^50
13,910
1,168,303
61,175

$5,415,032

$6,529,709

$5,511,968

1.572,5'.i9

4,550,992
18,898

$5,415,032

$6,529,709

$5,511,96S

Supplementary.
Total am't profits during year
Int. credited dep's same per'd.
$283,975
Exp. of institution, same per'd.
123,126
Amt.of divs.decl'd, same per'd
44,288
Amt.ofdep.onwbichint.isaird
87,750
Rate of interest
I>flto4p.o.

*$136,448
*54.822
*21,253
*2o,000
5,372,545

$209,384
86.278
41,783
37,500
4,473.550

lto3p. c.

1 to 3 p. c.

Total

STANDARD TRUST COMPANY.
Resources.
Dec. 31, '99.

June 30,99.

Dec. 31, '98.

$1,412,590
2,351 ,7fc5

$507,487
124,530

2,745
1,349,978
33,275

5,737
546,037
79,192

$5,150,373

$1,262,98»

$1,000,000
100,000
80,235
30,978
3,701.070
2b8,090

$500,000

$5,150,373

$1,262,98&

$192,R73

*$102,320

.50,235

*8,»85
*22,085
2,934,985
liato3p.c.

$15,439
881
6.969
472.171

Stock inves'ts (market value) $2,001,135
Amount loaned on collaterals.. 2,289,374
Amt. loaned on pers'l securii's.
106,685
Cashonhand
9,881
Cash on deposit
682,285
Otherassets
19,654
Total

$5,109,017
Liabilities.

Capital stock

$1,000,000
100,000
151,180
Deposits in trust
819,897
Gen'ldep. payable on demand 2,972,740
Other liabilities
65,199

Surplusfund
Undivided profits

Total

7,588
2,300

753,100

$5,109,017
Sujyplementary.

4,884 016
3,621*932

414 714
79 '500

279

3''4

1,147 738
7.597 331
196^768

$340 381
16h 480
57',7k8

100 000

8,858238
liflto4p.

o.

32.001
3,443,633
2 to 5 p. o.

l^a to 2 p. o»

STATE TRUST COMPANY.
Resources.
Dec. 31.'99.

111,849
2 to 3 p.

$11,221,661

$1,000,000
1,000,000
Undivided profits
360.791
Deposits in trust
774,079
General deposits, pay. on dem., 8,657,905
Other liabilities
^ 45,638

'98.

1,817,288
3,683.345
9,250
16,104
642.933
56,789

m trust

75.<!00

Liabililies.

Capital stock
Stirplus fund.

,

1,671,191
2,494,000
9,500
123,495
739,071
30,773

liabili.ies

170,863

$12,146,431

Total

Dec. 31

5,478,089
82,855

Deposits

2 563

$12,038,4J3

...

Otherassets

30,'99.

$^00,000
250,000
192,078

281,114

-,

102,020
1,007 738
299,928

Cash on deposit

June

$500,000
250,000
218,765

Amt.ofdep.onwhichint.i8aU'd
Rate of interest

7,361.059
642,786
149,500
106,650
888,725
122,256

Cashonhand

4,023,398
2*49 p. c.

$500,000
250,000
233,628
4,406,258
25,145

$2,756,6^

06.23
5,932,797
896.075
149,500
154,691
902.354
150,575

.

7.000,069
2 to 3^2 p. c.

67,407
44,783

$259,000

Surplusfund
Undivided profits

Tot. amt. of profits during year.
Int. credited deps., same per'd.
Exp. of institut'n, same oer'd.

(BROOKLYN.)

3,(

.

$200,040

200,0i

J^€SO'U VCCS

^ , and^ mortgages
Bonds

*$254.002
*93,304
*32,049

$301,000

.

$63,293
1,461,309
4,137,425
bl0,149
176,517
793,143
4,017,775
126,565

Cashonhand

$7,027,387

$347,000

Capital stock

86,012
100,000
14,643,283
1 to 4 p. o.

NORTH AMERICAN TRUST COMPANY.
8tockinYestm't8(marketva]ue)
Amount loaned on collaterals..
Am'tloaned on pers'l securities
Real estate (estimated value)..

$11,624,231

Liabilities.

Other
$1,000,000
2,000,000
56,223
14,041,331
49,943

Surplusfund
Undivided profits

Undivided

Cash on deposit
Total

Liabilities.

Bonds and mortgages

Stock invesfs (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securlt's.
Otherassets.

831,114
21,808

0267

Dec. 31, '99.

$702,300

Capital stock

10,460

ESTA.TE TRUST COMPANY.

Cashonhand
'99.

5,103,132

Bonds and mortgages

5.647,141
8,587,470
1,834,663

Otherassets

4,476
5,924,607

Resotirces.

$786,666

Cash on deposit

8,794
10,615,437

..

$222,227
383,061
108,770
118.803
175,000

thereon.

REAL

4,902,517
8,554,585
1,548,256
47,v30
1,151,495
156,748

Cashonhand

Rate

& liab'ity

Tot. am'tprofits during year..
Int. credited dep's. same per'd.
Exp. of institut'n. same pet'd.
Am'tof div's decl'd same per'd.
Am't of dep.on which intisall'd
Average rate of interest

$882,516

Am'tloaned on collaterals ....
Am't loaned on pers'l seourit's.

Total

June 30,

Debts guar.

8,394,538
6,662,797

Stock in vest's (market value)..

..

$500,000
500,000
87,844

500,000

/S (tp2''*''*fi'''''^''2/•

*1,000,000
3,385,052
47,661
24,117,944
2,047,494

Other

$500,00f)

Surplusfund
Undivided profits

Liabilities.

Capital stock
Surplus fund
Undivided profits
Deposits in trust

LXX.

[Vol.

Jutie 30,'99.

Dec. 31, '98,

$1»,189
2,383,112
17,352,020
10,000
30,000
43,5a3
7,862,426

$22,373
2,289.271
5,106,218
10,000

150,589

103.739

$^7,849,869

$9,156,086

$1,000,000
500,000
472,894

$1,000,000
500,000
316.416

25,860,483
16,492

7,327,134
12,506

$17,122,411 $27,349,869
Supplementary.
'$263,113
$830,924
Tot. amt. of profits during year
'87,203
227,197
Int. credited dep's. samd per'd.
*33,897
71,687
Kxp. of institut'n same per'd.
*30.000
60.000
Am'tof div. d.d'd.sAme per'd.
Am'tofdep.onwhiohint.i3alld 10,947.589
14.081,597
1 to 4 p. o.
1 to 4 p. o.
Rate of interest

$9,156,086

Bonds and mortgages

«31,600

Stock invest'ts (market value). 2,694,927
Amount loaned on collaterals 11,585,141
10,000
Am't loaned on pers'l securlt's
Real estate (estimated value)
Cashonhand
40,036
2,639,235
Cash on deposit
1,223
Due from banks
120,246
Otherassets

$17,122,411

Total
,

Capital stock

Surplusfund
Undivided profits

$1,000,000
500,000
761,889

liabilities

31,405

Total

*

1,540,400
28,527

Liabilities.

Deposits in trust and general
deposits pwyable on demand. 14,829,116

Other

SO.ooo
25.553

For the six months only, Jan.

1 to J

$384,818
123,264
97.035
60,000
6.522,005
1 to 4

uue 30.

fW Reports of other coiiipanies ^vill appear next

>veek.

ii.

c.

—

@
January

...

.

.

THE CHRONICLE

27, 1900.J

1^5

COTTON.

COMMERCIAL EPITOME.
Friday Night, January

26, 1900.

Existing conditions in the general situation of the commercial markets have undergone lew changes of an important natuie. Tbe movrment of merchandise into consumption has been on a fairly extensive scale, and merchants and
manufacturers as a rule have exptrienced a fairly full run
Prije changes in ttaple
of orders from the jubbing trade,
products have been lew and the general undertone has been
one of confidence. The war news from South Afrion. how
ever, has been such as to hold tradiug in the speculative
markets in check. A report that the bubonic plague has
made its appearance at Rosario, Argentine, has been a
According to restrengthening factor in the grain market.
ports some modifications are to be made in the higher rail
freight rates recently established. Therepoitof the Canal
Committee, favormg canal enlargement, has been received
with considerable interest.
Lard on the spot continued to meet with only a light demand, both exporters and refiners being limited buyers; offerings, however, have not been excespive and Drices have
advanced, closing atfi'SOc. for prime Western and 5 8oc. for
prime City. Refined lard has been quiet, but the close was
firmer, closing at 6"50c. for the Continent.
Speculation in
lard for future delivery at the Western market has been
quiet and the tone has been unsettled. Early in the week
.prices advanced; then came a reaction, but at the close the
market was again higher on small receipts of swine,
DAILY CLOSING PRICES OF LAKD FUTUItKB.

Friday Nigut, January 36, 1900,
The Movement op the Crop, as indicated by our telegran s
from the South to-night, is given below. For the week end ir g
this evening the total receipts havf reached 167.349 balet,
Against 166,175 bales last week and 145,974 bales the previova
week, making the total receipts since the Ist of Sept., 18^9,
4,544,188 bales, against 6,677,73^ bales for tbe sarot' period of
1898-9, showing a decrease since Sep. 1, 1899. of 2,133,534 b}ilf>
Receiptt

at—

aalveston
Sab. Pass, &o.
New Orleans. .

Mobile
Pensaoola, &o.

Savannah

Sat.

Mon.

4,724

6,940 ~6,27~7

Tuet.

Thuru.

Wfid.

2,768

9,035

8,851 10,612 10,S21 12,158
1,680
2,171
1,489 2,748

5,692
1,343

Jfri.

5,291
1,878
3,957

743
6,007
3,117
1,267
1,221

5,184

4,966

5,937

4,045

3.319

Brnnsw'k.&c.
Charleston
Ft. Royal, &c.

221

1,081

1,118

659

987

WllminKton,...

891

980

1,002

431

1,220

1,581
11

1,545

2,032

2,837

1,232

2,725

649

50
515

100
165

3,160
1,387
lOS

143

267

1,790

Wa8h'ton,&c
Norfolk
N'p't

News, &o

New

Yorfe

-.. .

Boston
Baltimore

407

Phlladel'a, &c..

376

Tot. this

350
501

...

...

251

1

604
1,294

-

317

35 035
1,878
52,091
10,144
6,007
26.568
1,267
5,287

6.108
11
13.581
1,387

e06
2,841
1.294
3,144

week 23,852 29,884 30,273 24,923 2«.376 31941 167 249

The following shows the week's total receipts,the total since
and the stock to-nierht. r>omt)aTpH witl- lastypi"'-

Sipt, 1,1899.

620 6-30
625
615
627
Stoct>
1899-1900.
189(?-1899.
and prices have been well mainReceipts to
tained, closing at $10 50@$11 00 for mess; $12@13 62i^ for
Since Sep.
Thit Since Sep.
Thiit
1900.
1899.
Jan. 26.
family, and §11 75@$12 50 for short clear. Cut meats have
week.
week.
1, 1899.
1, 1898.
been quiet, but prices have held steady, closing at SJJ^c, for
35,035 1,355,311 26,177 1,987,393
170,041 234 954
pickled shoulders 9i<^@I0j. for pickled hams and 5%@6i^c, Salveston.
.-^Sab.P.,&c.
1,878
59,645
63,731
1,983
for pickled bellies, 14@10 lbs, average, Bdef has been firmly
NewOrleant
378,431
1,210,746
450,814
52,091
54,799
1,618,545
held, but no sales of importance have been made, closing at
42,747
Mobile
10,144
145,961
39,514
8,624
210,869
50"
per
me?s,
$10 50@11
*1I@11 50 for packet, $11 50@$12
for
93,461 11,122
152.997
6,007
family and $18 75 @$19 50 for extra India mefs in tcs
Tal- P'saoola, <feo.
low has been quiet, and prices have weakened to 5 3-16c, for t^nvannah.. 26,568 740,754 27.908 911.790 128,537 119,613
71.752
4,456
1,267
14,538
5,491
247,531
prime City. Oleostearicie has been quiet and easier, closing Br'wick.Ao
23,647
182,768
23,802
5,287
3,773 332,478
at 7@73.^c. Lard stearine closed steady at T}:i@'"8''- Cot- Charleston..
1,212
48
»«.
P. Royal, &0.
ton-seed oil has been in less active demand and easier, clos23,070
ing at 35@36c. for prime yellow. Butter has been in moder- Wilmington, 6,108 220,497 3,387 280,128
12,662
8,095
ate demand and steady for choice stock, closing at 20@35c. Wash'n, &o
11
695
23
1,238
for creamery. Cheese has had a fair sale ar, steady prices, Norfolk
48,124
13.581 273,807 12.306 489.182
34,444
closing at 10@13c, for creamery.
Fresh egt^s have been N'portN,,&c
19,71;-!
17,527
249
3,500
1,850
1,387
easier, closing at 19@20c, for choice Western.
21,535
70,211
128,669 105 674
New York.
606
1,742
Brazil grades of coifee have been in less active demand. Boston
49,0)0
46,0 'V
54,158 16,442 219,>-57
2,841
The tone of the market, however, has held steady, reflecting Baltliiiore
19,298
63,441
1,393
21,534
35,837
1,294
firm advices and very moderate offerings from primal points, Philadel. «feo
12,273
10,604
3,144
30,913
1,823
27,449
and prices have been fairly well maintained, closing at S^^^c.
Totals
167,249 4,544,188 177,290 6,677,72 2 1,016,818 1,130,106
for Rio No. 7. West India growths have been firm. Offerings have been limited, and advices from producing countries
In order that comparison may be made with other ytiai^-,
have been favorable to the market. The close was firm at we give below tbe totals at leadinsr ports for siy seapoT^c
lOJ^c. for good Cucuta.
East India growths have been firm.
1895.
1899.
1897.
1896.
1898.
There has been a demand from Europe for the lower grades. Heceiptt at- 1900.
Speculation in the market for contracts has been less active, aalves'n,&o.
37,599
28,160
43,590
22,527
15,983
36,913
and there has been a slight weakening in prices under realiz- New Orleane 52,091 54,799 74.347 49,743 47.419 70,863
6-30

Jan, delivery in elev,...

Pork has had a better

sale,

.

ing sales.
were:
Jan
Feb

March

Raw

The

close

6-950.
6-900,
7-00o.

was

quiet.

May

The

7-10o.
7-150.
7-200.

JiUy

Aug

fitjal

Sept

Oct

Dec

asking prices
7-250.
7 30c.
7-400.

sugars have been in fair demand, offerings have con-

tinued light, and prices have advanced to 4 7-16c. for centrifugal, 96-deg. test, and 3 15-16c, for muscovado, 89-deg. test.
Refined sugar has been quiet and unchanged at 5c. net for
granulated. Other staple groceries have been steady to firm.
Kentucky tobacco has been in moderate demand and steady.
Seed leaf tobacco has sold less freely, but prices have been
well maintained. Sales for the week were 3,815 cases, as
follows: 650 cases 1898 crop, Pennsylvania seed leaf, 11@
18c, 140 cases 1897 crop, Pennsylvania seed leaf, \2%c.; fOO
cases 1898 crop, Wisconsin Havana, 9@14e.; 150 cases 1897
crop. Wisconsin Havana, 10c. 600 cases 1S98 crop, Gebhart,
ll@12c. 550 cases 1898 crop, Zimmers, 9@15J?^c., and 125
CJses 1899 crop, New England Havana, forcea s-weat, 30@
50c.; also 1,100 bales Havana at 57@9Sc., in bond, ani lUO
bales Sumatra at 80c.@$l 69, in bond.
Straits tin was weaker early in the week, but the close was
firmer in response to stronger foreign advices, closing at
27*75(a28c. Ingot copppr has had a fair sale and the close
was firm at 16'50c. for Lake. Lead has continued in raodarate
demand and prices have been steadier, closing at 4-70@4-80c.
Spelter has been in better demand and firmer, closing at 475
@4'80c. for domestic. Pig iron has continued in fair demand
and firm at $19 50@24 00 for domestic,
Refined petroleum has been firm, closing at 9 9nc. in bbls.,
7"25c. in bulk and 1110c, in cases.
Naphtha unchanged at
10 65c.
Crude certificates have been steady closing at $1 68J2
Credit balances have been advanced to $1 68, Spirits turpentine has been firmer but quiet, closing at 53J^@54c.
Rosins have been quiet and slightly easier, closing at $1 60
1 623^ for common and good strained.
Wool has been firmly
held, demand has been quiet. Hops have had a moderate
sale at steady prices.
;

Mobile

8,624
27,908
3,821
3,410
12,306

12,706
18.937
9,979
2,932
7,755

13,262

7,790

22989
8.115
3 637
7,059

15,5S1
8,498
2,985
11.767

249

927

379

987

38,013

37,537

10,541

11,907

8,618
17,608

wk. 167,249

177,290

208,710

138,302

122,902

199,835

.

Chas'ton, &o.
Wllm'ton, Ac

Norfolk
N. News, Ac.
All others...
Tot. this

,

•

9,50-i

Since Sept. 1 4544,188 6677,722 6587.859 5540 093 4035.122 6218,365

The exports for the week ending this evening reach a toi al
of 163,686 bales, of which 56,577 were to Great Britain, 20,643
to France and 86,466 to the rest of the Continent. Belcw
are the exports for the week and 3inoe Sent, 1 1899.
,

Week Endino Jan. 23
Exported to—

;

;

10.4b9
18,343
23,044
3.813

10,144
26,568
5.287
6,119
13,581
1,387
15,159

Savannah

flxpdrtt

from—

Great

France

Brit'n.

6,185

'jlalreHton

Sab. Pass, Ac.
New Orleans..

Uoblle
Pensaoola

10.727
1,329

27,840

1900.

24,923
1.329
80,719

9.750

43.129

2,347

3.166
7,300

14.250

6.726

6,726

720

7.361

6,960

6,513

....

Charleston....
Port Royal....

WUmlnKton...
Norfolk
N'port N., Ac-

1.13S

New York

4.696

780

536

Boston
Baltimore
Philadelphia..
San Fran., &c..

Total
Total. 1898-09.

Prom

1, 1899, to Jan.
Exported to—

Sept.

Conti- 7otal
Great
France
nent. Week. Britain.

7,361

Savannah......

Brunswick

8.011

,

1,138
6,296 •10,727

68
168
1.197

8,558

408,780 236,645
8.319
r 49,^32 143,929
58,406
30.809 13,742
99.367 34,848
27,150
38,894

Continent,

26, 19U0

2oiu.

838 897 1,031.322
30,498
337.241
13,374
32.848

38.847

831002
7l,7Si>

280,319
15,625
77.936

77,399
414,j34
42.7T5
iie,s:w

23.744

203,0( 2

eu6

17,365

l,ti86

19,Uol

18,994

1,494
61,695
602

143,916
53, 74

910

39,060

mS'i

82.876

83,17 7

6,4tl

68
168

63,2i6
52.572
22.804

1.497

1,497

8,558

302

7(ri

7.":<6

1,»H7

56,677

20,643

86.466 163.68(5 1,209,538 499,098 1.517.-52 3.225,78s

80,734

1S.4:23

79,440 178,597 2,6:2,893 674,174 1,895,427 5,142,491

.

—

e

6
e

w

.

THE CHRONICLE.

186

In addition to above exports, our telegrams to-niglit also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert Barrows. Produce Exchange Building.

We

FuTDBES.
Futures at

— rhe

lowest and closing prices of
in the following table.

highest,

New York are shown

S,

pj

&

ON SHIPBOARD, NOT OLBABBD FOB—

f>;

Leavini

Jan. 26 at

Great

Other

Ooatt-

Britain. trance. Foreign

New Orleans...
Galveston
Bavannata
Charleston
Mobile
Norfolk

New York
Other porta

8,815
33,248
None.
None.
10,000
2,000
2,700
10,000

Total IS 00..

66,763

6,673
17,227
None.

None.
None.
None.
None.
None.
23,900

Btoek.

335.719
105,052
123,537
19,147
26,747
29.124
124.369
75,622

42.712
64,999
5,000
4,500
16,000
19,000
4,300
21,000

1,178
3,429

None.

500
None.
17,000
None.
None.
22,107

64,731

B»J: ejff

839,317

177,501

805,326
324,780
257,852 1,054,043

48.030 135,241 31.173
17,941 109,599 20,504

Speculation in cotton for future delivery has been moderately active and there has been a slight further improvement
The featin prices, particularly for the near-by deliveries.
ure of the trading has been the contiDued buying for
European account of ttie near-by positions to undo straddles
between the Iccal and the Liverpool markets; this buying,
together with the strength of the statistical position, has
had a tendency to give speculative holders confidence in the
fituation, with the result that the demand experienced has
sufficed to force prices up a few points. At the higher
values, however, lorgs have been fairly free seller?; in fact
the market has been largely a liquidating one, commission
houses generally reporting almost an entire absence of new
The advices received from the South have rebusiness.
ported a gcod demand for cotton, particularly from the Continent, and full prices have been paid. The crop movement
has been increasing latterly, but this, it is claimed, has been
due to the larger volume of business transacted recently at
the South. The diffeience in prices between this and the
new-crop deliveries has continuedto gradually widen, AugUi^t
and Octobf r now being about %c. per pound apart, and tbis
fact is beginning to receive increased attention in spe( ulative
To-day the market was easier during early 'Change
circles.
under the reports of British reverses in South Africa. Subsequently, however, there developed a steadier tone on buying by shoits to cover contracts, stimulated by the movement
of the crop for the week, being below general expectations.
The close was steady with prices one point lower to three
pointshigher for the day. Cotton on the spot has been firmer,
prices advanced l-16c. on Saturday and 1 16c, on Thursday.
To-day the market was l-16c. higher, closing at 8c. for
middling uplands.
The rates on and off middling, as established Nov. 15, 1899,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
-o. ligon Strict Good Mid. Tinged. c. 3.„on
Fair
Mlciailng Fair
% on Good Middling Tlngeu
Even
Strict

Good Middling

7,gon
^le on

GoodMlddllng
Strict

Low Middling

Low Middling

Good Ordinary
Good Ordinary
Strict

H&oti

Middlina Tinged

ig oflf
14 off

Strict Midfi Imp Stalner..

Low Middling Tinged

Middling 8tained
%
Strict Low Mid. Stained.
liieoff Low Middling Stained....
ofl
oft

.

6, off
7^^ off
1
off
ISs off

On the basis of the rates on and ofif middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
UPLANDS.

Sat.
"613~

Gtood Ordinary.
Low Middling,.

mon Tues

OoodMlddUng..

836

Middling Fair...

888

GULF.

Sat.

Good Ordinary.

Hi'

Mon Tuei. Wed
71,8

Low Middling..

Middling,,

SI'

ft'

STAINED.
Middling....

71, fl

711 6

8l8

Middling

Low

83,6
888

r4«

7I16

Middling Fair..

Sat.

878

619

77e
788
77p

Good Mi ddll Tie Tinged.

6^
77,

788
779

788
778

7iie
7'i,6
8l8
87 6
878

inon Tueig

6^

......

Middling
Strict Middling

Th. Frl.

Wed
613
77,6
758
778

678
71a
715lf
8I4

6161,.

79] 6

8
8',e

8II1,

8^

Tl».

Frl.

718

7%

73,8
7i3ie

83,

8%

89l6

815,6

9

diCi
I

$

An
(CO)
wo

Tli.

Frl.

69l6
7I2

688
7»,6

711,,

7%

7i5ie

8

I

O)

c>di
00 -a

steady at lie ad.
Steady ......
Quiet
Wednesday Steady
Thnrsday.. Qnlet atiieadv.
Quiet at lie adv.
Friday
.

.

TotaL.--

d

a>A
1

d

d

I

d

00

MW

ft).

WO

05 05

09

ao5

05a

00

OiOi

MM

00 CD

d

9

,

9|

K-"

I

d

-.10

00

05
00

05 05

05 05

d

d

I

Cld
O-J
^05
O-J
WlP>

d

00
05 05

OW
I

00
05

05
00
00

ccw

d

0!05
1
'

1

*
05
03

d
°*

o
03
1
1

1

ccco

00

°*
05
05

'

O)05
<D«5
If'-M

d
•*

aoo

I

I

I

fbfb
OOQC

1

61

MO
^5

0«1

^I^q

*?

coo

WW
WW
bOOO
-o

weJi
0001

•0-3

•JO

Wl^
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The Visible bOPPLv of Cotton to-nignt, as made up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
to Thursday evening.
Bub to make the total the complete
figures for to-night (Jan. 26), we add the item of exports from
i

'

1
1

05

W

1
1

1

1

6

1
'

6.

1

1

1

1

00

the United States, including in

1
1

it

1900.

1
1

1

1

1

1

'

'

the exports of Friday only.
1899.

1898.

1897.

Stock at Liverpool
bales.
Stock at London
Total Great Britain stock.
dtook at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa

6S9.000 1,715,000 1,014,000 1,250,000
3,000
8.000
4,000
2,000
691,000 1,71^,000 1,017,000 l,2,-.8,000
7,000
18,000
18,000
16,000
2i0,000 *397,000 349,000 187,000
3,000
7,000
2,000
3,000
200
300
300
300
7,000
11,000
5,000
8,000
238,000 312,000 265,000 216,000
4,000
5,000
4,000
4,000
57,000
67,000
55,00»
78,000
43,000
28,000
45,000
43,000
1 ,000
i*<>ck at Trieste
2,000
14.000
6,000
«-i6.300
Total Continental stocks
851.vi00
733,300 556.300
Tetal European stocks
1,327,300 2,570,200 1,749,300 1,814,300
India cotton afloat for Europe
22,000
28,000
50,000
57,000
Amer. cotton afloat for E'rope. 4.'i0,000 667,000 700,000 591,000
Egypt, BrazU,&o.,aflt.for E'pe
42,000
36,000
36,000
40,000
Stock in United States ports. .1,016,818 1,130,106 1,3 '1,895 1,093,587
interior
in
8.
towns..
Stock
U.
731,028 625,242 590,970 471,186
28, -^66
United States exports to-day..
3<),473
20,327
34.377
Total visible supply
3,618,012 5,116,925 4,446.633 4,038,400
Of the above, totals of American and other descriptions are as follows

Futures

Maxkbt
Closed.

Sales of Spot

& Contra 00

Ex-

Oon-

Con-

port.

sump.

tract.

Steady
Steady
Steady
Steady
Very steady.
Wteady

533
235

1,014

574.000 1,5Q9,000
602.000 807,000
4.^0,000
667,000
Onited States stock
1,016,818 1,1 0,lo6
United States interior stocks. 731.028 625 2*2
28,866
34,377
United States exports to-day..
Total American
3,402,712 4,762,7^:5
East Indian, Brazil, «fic.
Liverpool stock
115,000 116,000
Londonstock
2,000
4,000
Continental stocks
34,300
44,200
22,000
India afloat for Europe
50,000
42,000
40,000
Egypt, Brazil, &o., afloat
Total East India, Ac
215,300 254.200
Total American
3,402,712 4,86'i,725
Total visible. supply
3,618,012 5,llr>,92D
,,
^.
„ .
3s,.d.
Middling Upland, Liverpool..
41»32d.
Middling Upland, New York..
6^80.
8c.
6i4d.
Egypt Good Brown, Liverpool 7ii,«d.
7iad.
Peruv. Rough Good, Liverpool
6\d.
4iad.
Broach Fine, Liverpool
3i3.sad.
4i4d.
Tlnnevelly Good. lilverpool,
33, ed.
Stock corrected last year In February.
bales.

Continental stocks

American

afloat for Europe...

Total

533

890,000 1,097,000
696,000 488,000
700,000 591,000
l,3il,8>*5 1,098,587

590,970 471,186
30,t73
20.327
4,219,338 3,766,100

124.000
3,000
36,300
28,000
3h,00^
227,300

153,000
8,000
68,300
57,000
36,000
322,300
4,21 ,338 3,766,100
4,446,638 4,08:<,400
3.^^^

33133!.

51^160.
47, ed.
69, ad.
3s,ed.
37i6d.

76 eO.
SBgd.
66ied.

1,200

1,200

400
500

635
546
200

B:^ Imports into Continental ports week, 150,000 bales.
The above figures indicate a decrease in the cotton in
sight to-night of 1,498,913 bales as compared with the same

2,100

3,114

date of 1899, a loss of 828,626 bales from the corresponding
date of 1898 and a decline of 470,388 bales from 1897.

200
....

American—

—

SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed or.
same days.

Batorday
Monday..
Tnesday .

1:

00 ob
00 0)

Uverpool stock

MARKET AND

Spot Market
Olosed.

K

I

1

77,6

773

Good

Tl^ed

613i,

Middling

09

to(«

s
oa>V 9

a

,5*

•"•|ii Til

I

Total 1899. . 110,336
Total 1898... 109,808

tfcK-

»

Total.

voite.

26.046
11.085
5,000
4,000
6,000
None.
l.bOO
11,000

Lxx.

rvoL.

;

!

January

THE CHRONICLE.

27, 1900.J

—

the movement that is the receipts
September
and
since
1, the shipments for the
week
the
for
week and the stocks to-night, and the same items for the
corresponding period of 1898— is set out in detail below.

At the Interior Towns

O

O- V

?

B^3

—

M

New Orleans
MobUe

H

Savannah...

O

Charleston.

sew
e®H

^3

m

QOD

Wilmington.
Norfolk
Boston
Baltimore

IB

>- OD

.

^

OD

OD
•

a;

bO®

M

W

*k

Philadelphia

>

MM

OS

Augusta

.

:

MM

_M
i''"" J^-^^yP
K'Vso'ro'cO »3 <|"m'50 ^'-' OSlfeif^OSOl^MI-'ObO

V) to'bs m"--! wVj W
M
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M

I

(^
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M

OS
M
OMOJ>->-'tooi<io<eow*- CO

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M
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M«MM

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OS

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to
to
to to
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to

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U"

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c;i

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05
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WC0ll».t0-J<llt»M0<05OM

oiooooa'^ios:

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C;>0SC0OQDC;>I
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00©' »c;'cot3coco©«'©tait>-tsc;'0o«3if>toit>ootjco

totals

creased during the
bales more than at

1899-1900.

January

26.

Week.

1898-1899.

Since
Sept.

1.

Week.

713
714

7ifl

7\

r^
8^

T>
8^

7%
l>
7'^8

l>
Zol«

l>
l>
Z^e

7"l6
7i3xa
713,6

7'^8

8^

^"^

.

79i6a'8

l>
7»,6

79l6

708

l>
758

7«>8

768

79ie

71a
71a
71a
7i«

71a

7-^8

7%
716,8

7V
8I4

2o'«

l>

768
79l6
79l8

7ifl

r^«
758

Z^«
Z-"
768

758

758

at other

798
768
768

important

759
75]8
713
7ie

CoIumbu8,MlsB
Eufaula

|

|

Little Rook....
|

Montgomery...

714
7ia
7I16
7ia

Nashville

733

Natchez
Raleigh
Shreveport

77,

71a
7I16

Since
Sept.

1.

The thermometer has averaged

55.

Shrevport, Louisiana.— It has rained on two days of the
week, the rainfall, however, being inappreciable. Average
thermometer 54, highest 74, lowest 35.
Columbus, Mississippi. There has been rain on two days
during the week, the precipitation reaching twenty-three
hundredths of an inch. The thermometer has averaged 54,
the highest being 82 and the lowest 30.
Leland, Mississippi, We have had dry weather the past
week. The thermometer has averaged 51*1, ranging from 30
to 78.
Vicksbura, Mississippi. There has been but a trace of
rain during the week. The thermometer has ranged from
33 to 70, averaging 51.
Little Rock, Arkansas.
There has been no rain during the
week. Average thermometer 50, highest 68, lowest 32.
Helena, Arkansas. There has been light rain on two days
during the week, the rainfall being thirty-one hundredths of
an inch. The thermometer has averaged 46 '2, the highest
being 71 and the lowest 26.
Memphis, Tennessee. Rain has fallen on three days of the
week to the extent of fifty-one hundredths of an inch. The

—

—

—

—

—

Shipped—
Via St. LoalB
Via Cairo
Via Parker
......
Via Rook Island
Via Louisville
Via Cincinnati
Via other rontCB, dto.

14,432
5,876

428
983
3,181
2,827
18,039

,

Total gross overland.........

ghipmenti—
Overland to N. Y., Boston, Ac.
Between Interior towns

596,112 28,770
152 108 20,030
702
9,605
763
10,662
5.731
172,387
104.343
6,904
174,666
3,266

672,509
297,316
12.932
39,448
116,032
97,934
97,122

45,766 1.219,883 66,166 1,333,293

Iftdttet

from Soatta

7,885
1,738
1,209

170,052 21,400
198
52,719
61,326
2,490

339,051
18,460
34,642

Total to be deducted.

10,832

284,097 24,088

392,153

Inland, &o.,

7i«
714
71?16
7'8

7'l6
7'l6
714
7»3ie
7^8

74

rain.

week.

15-

show that the interior stocks have deweek 34,821 bales, and are to-night 105,786
same period last year. The receipts at all
towns have been 19,426 bales less than same week last year.
Overland Movement for the Week and Since Sept. 1.—
We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Jan. 26 and since Sept. 1 in the last two years are as follows.
The above

7ifl

—We
— We

v<a<i(^0^<]cnc;icocooOi(^i'>'©McoMCotoivcoooi^coaooouitsao(D

to

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to

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VC0if>.|(i.OiB050DMC0O<lm©lf'©©C00DW'0©((»>0>t0MMO'C;>©0DM
00 cjoodo 00

OS

79l6

77ie
77ie
738

768
7I2

—

^iMVbbwao'Vk)'^ w'cj'McrbcQotoblobotoTobMbiVicnft'-JM
COCO<I^O!tO<»l'>-OaiCOK)tOMCnO<tOh-05COOQDW* COWIO^^«0*>to
CO

^

I

w«NpaowwppD<^»ww*';-©joc;'»aD»|ot5_if^*'«wo5<ipp
lf^~10SOOC005lf^50COyi««>aOOOO«Jl(^i-'rgCO'^CClft005tO«JWa5C;'05

<1

to

CO

K)|-iM>—

It'

79lfl

Z^6
7I2

Galveston, rea:;as.— Rain has fallen on each day of the past
week, the rainfall reaching two hundredths of an inch. The
thermometer has averaged 55, ranging from 42 to 63.
Palestine, Texas.— 'Rain has fallen on one day of the week,
the rainfall reaching one hundredth of an inch. The thermometer has ranged from 34 to 74, averaging 54.
Corpus Christi, Texas. Dry weather has prevailed all the
week. Average thermometer 57, highest 70, lowest 44.
have had no rain during the week.
Abilene, Texas.
The thermometer has averaged 54, the highest being 76 and
the lowest 32.
have had no rain the past week.
San Antonio, Texas.
The thermometer has averaged 56, ranging from 38 to 74.
have had no rain during the
New Orleans, Louisiana.

>-•

to

M
CntO»l
"O«t0
00
>^t9acQOMosM©Mtocoii^oii^cocnu<co

00
to

no

V CO OiVi'm^Oi © <1 lo^ 05 Vb coco too W to 00 to
M«l«j;050QOQO«OOtOW«D050DtOQDOJC;<COF-l^«OWlO«aotOCOOCO

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to
to

OS

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oi
05

CO tO

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I

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7ifl
7ifl

Weather Reports by Telegraph,— Advices to us this
evening by telegraph from the Sou th| denote that the weather
has on the whole been favorable the past week. Rain has
fallen in most localities, but the precipitation has generally
been light, and in the Southwest there has been practically

wSs

ifi.

m05 0;OO^COO:H-'CP©05COCtit'5D<]0<l©lfc.W
»]mMtOMOltO©00. Q0t0«©r-Wt0<lt0WX'<lO«0H-C»:'~J*'«)Q0Cn

0D<ltOCOMQ0r-i->QO|

'

Atlanta
Charlotte

MOD

MMO'MM'-'MtOtOtO^*^

79l6
758

7ifl

7ifl

OolumbuB. Qa.

tO*kMM tOM tO
{OrOtOM <-- CO
M
M
05
O>«M|^t0O0l-'COM; «;i05C)«<Jlf'aD*-p5»-'*.OOtO<)J^*>-05tOCO<ClM^
wlo 05 O" V ©"bsVo'tOW if' -5 to O'bVs to CD O

'

00

to
OS
CO

05

i(^

79ie
758

712
788
7O8

Athens

CO

VjVl OO OS vCcH 00
Cn 1" CoTo too M <lb ^P»^OSt3O<Q0t0M»l
lo'll^
C>;b005t50lt»MO<I-IC<30!00|f..OCn0003'-"0«JMtOOM05<J«<'<I<IK)
lf^050'OIOCOOCOMOtO<l»linOW»JaD05^MO<OSlf«-OC»l— tOOSQOOS

I

CO
-*

b
to

M
l^tOtOlfk

M

71a

7%

Southern markets were as follows.

O MS

O^Slf^O^Dl-'l^^l(»•oowl-'Coa5Alf'MCo-J05^oc»J©wl>^c;'e«3;OM050»J
'

FH.

The closing quotations to-day (Friday)

TO

*kie.ib.»ooo<taoDif^osif'M

OOOSWQDl-'bSCOMlfkOlOM^D'^ bO !-• 05 OO 03 00 00 tO 00 »J OS O" CO
oc en
-) us it^ *• ^^ to
to
talfklo ccloTf^Vo 00
(f>'?D®(f^c;<'^totD*-^
c;<oj«J050*'M:j'i(^c»«Ocj'00<iif».i'-#>>if>-050s

"m o'b'"b'T-'V

Thuri.

Houston
Olnolnnatl
LoulsvUle. .

M

Wednet.

St. Louis....
.

oowtOMWi;>^a»eoocow^3^^co^ool<^QDJ^MOw>ll»•Mlf»•^o<lMCDOi
It^

Tues.

79l6
71a

Memphis

lOMl-'M

Hon.

Satur.

Galveston...
IB

o

w

187

Quotations for Middling Cotton at Other Markets.
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
OLOSINQ QDOTATIONS FOB HIDDLINQ COTTON ONWeek endina
Jan. 26

?•

«

....

—

thermometer has averaged

48'7, and ranged from 37*6 to 69"4.
Nashville, Tennessee. It has rained during the week to the
extent of ninety hundredths of an inch.
The thermometer
has ranged from 20 to 63, averaging 41.
Mobile, Alabama.— It has rained on one day of the week
the rainfall being four hundredths of an inch. Average ther-

—

mometer

54,

highest 67, lowest

—

39.

Montgomery, Alabama. We have had rain on two days of
Leaving total net overland*. 34,934 935.786 42,078 941,140
the past week, the rainfall being seventy hundredths of an
* Including movement by rail to Canada.
inch. The thermometer has averaged 52, the highest being
The foregoing shows that the week's net overland movement 67 and the lowest 38.
this year has been 34,934 bales, against 42,078 bales for the
Selma, Alabama. There has been no rain during the past
week in 1899, and that for the season to date the aggregate net week. The thermometer has ranged from 25 to 68, averagoverland exhibits a decrease from a year ago of 5,354 bales.
ing 50.
Madison, Florida. Rain has fallen on one day of the
1898-1899.
1899-1900.
week, the rainfall being thirty hundredths of an inch. The
In Sight and Spinners'
Since
Since
Takingt.
thermometer has averaged 62, ranging from 38 to 72.
Week. Sept. 1.
Week.
Sept. 1.
Savannah, Georgfia.— Rainfall for the week thirty- three
hundredths
of an inch, on three days. Average thermometer
177.290
6,677,722
167,249
4,544,188
to
Jan.
26
ports
at
Receipts
34,934 935,786 42,078 941,140 56, highest 72 and lowest 43.
NAt nvArlATia to Jan. 26.
Southern consumption to Jan. 26 30,000 611,000 26,000 556,000
Augusta, Georgia. Cotton is selling freely when bids are
full, but offers at lower prices are refused.
The week's rainTotal marketed
............ 232,183 6,090,974 245,368 8,174,862
* 24,821
487,845 *48,626 521,123 fall has been forty-four hundredths of an inch on two days.
XntiArlnr atOf^kA in 6X0ASB.
The thermometer has averaged 51, the highest being 66 and
196,842
Game into sight during week. 207.362

—

—

—

.

Total in sieht Jan. 26

6,578,819

8,695',985

North'n spinners tak'gs to Jan 26 49,794 1,582,393 56.002 1.483,578
* Decrease during week,
In 1898 the week's movement into sight was 262,041 bales
in 1897 reached 147,398 bales; in 1896 was 128,885 bales, and
in 1895 was 217,611 bales. The totals since Sept. 1 in the same
years were 8,452,903 bales in 1897-98; 6,947,157 bales in 1896-97,
5,539,567 bales in 1895-96 and 7,968,644 bales in 1894-95.

the lowest 34.
Charleston, South Carolina.— R&in has fallen on three days
of the week, to the extent of sixty-three hundredths of an

inch. The thermometer has averaged 55, ranging from 43
to 69.
Stateburg, South Carolina. Ploughing is actively going
on. There has been rain to the extent of thirty- two hundredths of an inch on two days of the week. The thermometer has ranged from 38 to 68, averaging 53.

—

H

.

THE CHRONICLE.

188

—

Greenwood, South Carolina. We have had rain on two
days the past week to the extent of thirty-six hundredths of
an inch. The thermometer has ranged from 37 to 55. averaging 46.
The following statement we have also received by telegraph,

showing the height
8 o'clock January 25,

named

of the rivers at the points
1900, and January 26. 1899.

at

13-3

Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge

Memphis
Nashville

Shreveport
Vloksburg

•28-4

14-4
15-5
38-4

Total

Receipts at

Since

Week.

Bombay

Since

Week.

Sept. 1.

37,000

1897-98.

1898-99.

Since

Week.

Sept. 1.

Sept. 1.

314,000

608.000 44.000

494.000 76 000

Since September

For the Week.

1.

Exports

from—

Great
Britain.

Continent.

Oreat
Britain.

Total.

Oontinent.

Total.

Bombay—
1899-'00..

1898 99

1897-98..
CalcutTi*—

2.6b6
1,000

17,000
85,000
51,000

17,000
87,000
52,000

1,000
2,000
2,000

5,000
13,000
9,000

6,000
15,000
11,000

2,6b6
2,000

1,000
14,000
6,000

1,0^0
16,000
8,000

12,000
46,000
20,000

12,000

4.6b6
8,000
1,000
10,000
13.000

35.000
153,000
86.000

36,000
168,000
99 000

1,000
5,000
5,000

1,000
4,000
5,000

i',6o6

.

1899-'00..

1898-99..

1897-9 ^..

Madran—
189f-'0<\.

1898-99..
1897-98..
All othern-

i'obo
1,000

i',6b6

1899-'00..
1898 9*..

2,000

2,000

1897-98..

i^iooo

i^obo

3,000
5.000
7,000

6.00<i

1.000

50. OCO

28,000

Total all1899-'00..

i^obo

1898-93..
1897-98..

According

3,000

7,000

to the foregoing,

Bombay appears

—

Jute Butts, Bagging, Etc. The market for jute bagging has been entirely devoid of animation during the week
under review. No dealings have been reported, and prices
are nominally unchanged at 5^@5^c. for \% lbs. and 5%@
6i^c. for 2 lbs., standard grades.
Jute butts continue extremely dull. Prices are nominally unchanged at I'OSc. for
paper quality and l^^c. for mixing to arrive.

New York - To Liverpool

India Cotton Movement from all Forts.— The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Jan. 25, and for the season fiom Sept. 1
to Jan. 25 for three years have been as follows:
1899 1900.

LXX.

Shipping News.— As snown on a previous page, the
exports of cotton from the United States the past week have
reached 163,686 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:

Feet.

New OrleauB

[Vol.

.

—

To Rotterdam- Jan, 25— Steamer Rosefteld, 459
To Copenhagen—Jan. 24— Steamer Nordhavet, 50
Sabine Pass-To Hamburg— Jan. 24— Steamer Wastwater,
1,329

a

to sliow

Mobile—To Liverpool— Jan. 25— Steamer Montgomery, 7,351.
decrease compared with last year in the week's receipts of PBN8ACOLA— To Havre-Jan. 24— Steamer Roma, 2,347
To Genoa—Jan. 20— Steamer Apex (additional), 316
39,000 bales. Exports from all India ports record a loss
To Japan— Jaa. 20— Steamer Winchester, 2,8nO
of 3,000 bales during the week and since September Ishow SAVANNAH—To Manchester—J au. 19— Steamer Ramleh, 4,800
a decrease of 134,000 bales.

Alexandria Receipts and Shipments of Cotton. Through arrangements we made with Messrs. Davis, Benacbi
& Co, of Liverpool and Alexandria, we now receive a weekly
cable of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past week
and for the corresponding week of the previous two years.
,

Alexandria, Fpypt,

January

24.

Receipts (cantars*)...
This week
Since Sept. 1

1899-1900.

1898-1899.

210,000
5,123,000

18'>,000
4.3;;3,ooo

1897-98.

Since

\

Sept. 1.

This
week.

210 000
4,924,000

Since

This
week.

Sept. 1.

Since
Sept. 1.

17.000 269,000 10,000 180.000 11.000 209,000
6,000 238,000 7,000 169 000 7.000 195,000

Total Europe

23.000 507,000! 17,000 349.000 18.000 404,000
pounds,
In 1898-99.
t Of which to America In 1899-1900, 46,940 bales;
21,402 bales; in 1897-98, 23,993 bales.

A oautar Is 98

—

iManohester Market. Our report received bv cable
to-night from Manchester states that the market is firm for
both yarns and shirtingt. The demand for India is good.
We give the prices for to-day below and leave those f r
previous weeks of this and last year for comparison.
<

1899-1900.

1898-1899,

8^4 lbs. Shirt- Oott'n

32« Oop. ings,
Twist.

d.

Do. 22
" 29
Jan. 5
" 12
" 19
'• 26

d.

common Mid. 328
lipids

to finest.
d.

d.

®7ia 4loifl®7
7
71l6»7S8
4 11 ®7
7iiaa>7u,e 4 11 •a?

7ifl

7iie®7H,B 5

«7

5
5

9
9

4*16
4*9
41B,o
4I3

lJiia»7

7l8 ''>7\
714 a7'8

B.

d.

1,329
7,351
"2,347

316
2,850

upland and 2,150 Sea Island
To Genoa- Jan. 23 -Steamer Abbazia, 4.500
To Trieste—Jan. 23— Steamer Abbazia, 2.800
Wilmington-To Bremen— Jan. 25— Steamer Chatburn, 6,725.
NOEFOLK— To Liverpool— Jan, 19— Steamer Iran, 720
Newport News-To Liverpool— Jan 20— Steamer Shenan-

6,950
4,500
2,800
6,725

doah. 1.138
"-509T0N— To Y^anuouth— Jan,

1,139
68

20— Steamer Boston ,68
Baltimore— To Rotterdam—Jan. 28— Steamer Pat psco,

720

168.

168

Philadelphia—To Liverpool -Jan, 2 >— Steamer Ikbal, 1,497.
Ban Francisco -To Japan—Jan. 23— Steamer Algoa, 7,450....

1,497

Jan.

Exports (bales)—

*

459
50

24— Steamer China,

8,558

1,108

Total. ...... ........>...« ...................... ............... 163,686

This
week.

To Liverpool
To Contlnentt

bttiet.

2,078
per steamer Cevio, 2,078
62SJ
To Hull, per steamer Colorado, 623
Hogarth,
To Manchester, per steamers Bellenden, 200
2,195
1.738 upland and 257 Sea Island
To Havre, per steamer La Bretagne, 500 upland and 35
535
Sea Island.
Lahn, 239
To Bremen, per steamers Gera, 578
1,919
Willehad, 1,102
1,500
To Antwerp, per steamer Friesland, 1,500
532
Powhatan, 132
To Genoa, per steamers Ems, 40U
429
To Naples, per steamer Ems, 429
916
To Japan, per steamer Drummond, 916
New Orleans—To Liiverpool—Jan. 20—Steamer Barbadian,
Jan. 26—
7,003
Jan. 22— Steamer Politician, 14,138
27,272
Steamer Traveller. 6,131
To Hull—Jan. 22-Steamer Gena, 548
S48
Pendarves,
20
20
Steamer
To Leith-Jan. 20—
Benrath,
Corrientes,
To Havre— Jan. 22— Steamers
4,246;
9,750
5,504
To Bremen -Jan, 22— Steamer Knight Bachelor, 6,500
6,500
To Hamburg—Jan. 22-8teamer Knight Bachelor, 1,350
1,450
..
Jan. 23— Steamer Colllngham, 100
315
To Rotterdam-Jan. 23— Steamer Ravenshoe, 315
352
To Antwerp Jan. 20— Steamer Wildcrof t, 352
To Lisbon— Jan. 26— Steamer Europa, 5,667
5,667
To Barcelona— Jan, 23— Steamer J Jover Serra, 6,757
6,757
Jan. 26—
To Genoa— Jan. 19-Steamer Woodrufl:, 4,400
Steamer Styria. 5,300
9,700
To Trieste-Jan, 19— Steamer Quarnero, 3,234. ...Jan. 26—
Steamer Styria, 1.154
4,388
To Venice— Jan. 19— Steamer Quarnero, 3.000
3,000
5,000
To Japan— Jan. 24 -Steamer Hutton, 5,000
aALVESTON—To Liverpool - Jan. 23— Steamer Rydal Hall,6,185 6,185
8.011
Te Havre—Jan. 22— Steamer Moorgate. 8,011
To Bremen— Jan. 22— Steamer Recta, 5,946
5,946
Jan.
To Hamburg—Jan. 18 -Steamer W^stgate, 1,498
Jan. 24 -Steamer Dar22— Steamer Eudeavour, 1,277
gai, 1,497
4,272
,

B.

-37

B
8

Oifl

Egyptian Crop,— Mr. Fr.

Sk

d.

d.

s.

®6ifl

®6ia

4
4

553

®6ifl

4

559
508
534
419.J2

-aeifl

4

Jac.

4
^688 4
»6»fl

Andres

common Mid.
Uplds

to finest.

5B8
559

41«.-J2

lbs. Shirt- Oott'n

Oop. ings,

Twist.

d.
8.
1
®fa

1

1
1
1

-36
®ft
1»6
'3U

d.

9
9
9

d.

9

33s2
3>sj
3332
3^32

9

33,,t

HaafllO

The particulars of the foregoing shipments, arranged

in

oar usual form, are as follows.
0reat French Qer- ^Oth-FPrope—. Mexico,
Jar>n-n.
Total.
BriVn. ports. m.anv- fforth. South.
<ac.
9rtl
535 1,919 1.500
916 10,727
New York. 4,896
667 29,512
N.Orleans. 27,840 9,750 7,950
5,000 80,719
5.9
Glalveston.
6,185 8,011 10,218
24,923
1,329'
1,329
Sab. Pass
7,351
7,351
Mobile
316
Pensacola.
2,347
2,850
5,513
aiavannah..
14.250
6,950
7,300
Wilmlngt'n
6,725
6,725
Norfolk....

720

720

N'p'lNewB

1,138

1,138

Boston
Baltimore

68
168

68

168
l,4b7

Phil'delp'a

dan Fran
Total....

1,497
8,558

8,558

56,577 20,643 28.141

68 17,324 163,686

2,844 38,099

To Japan since Sept. 1 shipments have been 3,757 bales
from New York, 31.045 bales from Galveston, 25,971 bales
from New Orleans, 9,650 bales from Pensacola, 14,352 bales
from Savannah and 81,208 bales from Pacific Coast. To
Ciiina. 4,399 bales from New York, &c.
Cotton freights at New York the past week have been
as follows.

Fn.

Satur.

Mon.

Tues.

l4verpool, Feb..c.

25

25

25

25

25

25

Havre
Bremen

25*

SO'

30*

30*

30*

25
25

25
25

25
25

e.

27ifl

27i«

271a

27ifl

27ifl

e.

21-^

27>fl

25
25
27 »«
27 k«

30*
25

e.

25
25

27 >«

27 1«

21

Wednes. Thurs.

35,„

of Boston is in re-

ceipt of the following, under date of Alexandria, Jan. 6:
Our crop Is the largest over raised, but stock Is 500,000 cantars less
than last season and nearly all sold. The recent advance was caused
by news from the Soudan that the Nile was rapidly falling (now two
metres below same time last year). Our market is entirely In the
hands of speculators. The trade is not buying, preferring to await
developments. We believe that we shall advance further until facts
prove that the water supply will be better than now feared The
Government has placed £100,000 (Egyptian) at disposal for cuttlnsr
through the great sudd or weed barriers on the White Nile iu the
Soudan, which Impede both the passage of boats and tbe flow of water
into the river-bed of the Nile, The waste of water from times immemorial on the Soudan Is Immense. Careful construotlou by the Canal
Engineers will be a great problem and may takeyear.s to accountlish
It now looks as if Egyptian cotton, on account of the great increase of
mercerized yarns and other novelties, is independent and regardless of
values of other growths of stapled cottons.

c.
e.

Hamburg
Amsterdam
Rotterdam
Reval,

Do
Do

v.

Hamb..c,

v. Hull... e.
V. Copen..c.

Qenoa

c.

Trieste, direct... c.

Antwerp

d.

38
38
43
35
38
i«

38a>40
38 940

38940 38940 38940 38940
38940 38940 38940 38940

43
35

43
35

38940

38940

»6

25

>e

43
35

•

• •

•

35
35
38940 38 940 38940

^

>«

»e

6,„
Ghent,v.Antw'p,d.
^33
'S3
"•l?
^13
Qaotatioas are cent* per 100 Iba. or traotloiiB of a penny per
• And 5 per cent.

^9

'

lb.

e

. .

January

THE CHRONICLE.

27, 190">.]

—

Liverpool. By cable from Liverpool we have the foiJo^
Ing statement of the week's sales, stocks, &o., at that port
Jan. 12.

Jan. 5.
Sales of tbe

week

bales.

Of which exporters took. ..
Of which speculators took.

55,000
1,900

63,000
2,900

800

900

Jan. 19.

Jan. 26.

60,00(
2,00(

68,000
2,100
2,200

3,000

American

51,000
57,000
Actual export
1 3,00C
5,000
Forwarded
71,000
90,000
Total stock— Estimated
1720,000 : 726,000
Of which American— Est'd. 574,000 604,000
Total Import of the week
134,00C
59,000
Of which American
118,000
17,000
Amount afloat
185,000
186,000
Of which American
185,000 140,000
t 2,000 bales American burnt deducted.
t 25,888 bales Egyptian deducted upon re-count.
Sales

51,00(
7,000
79,000

713,000
580,000
73,000
41,000
172,000
144,000

55,OU()

12,000
75,000
689,000
574,000
64,000
54,000
198,000
156,000

The tone of the Liverpool market for spots and future
each day of the week ending Jan. 23 and the daily olos ng
prices of spot cotton, have been as follows.
Sat'day. Monday, Tuesday. Wed'day. Thursd'y Friday

Spot.

Good

Market, )
business
P. M.J
doing.

1:45

Mid. Upl'ds.
Sales
Spec.

& exp.

Fair
Irregular.

42 '32

41I16

12,000
1,000

12 000
1,000

business
doing.

Good

Easier.

458

demand.
468

41932

12,000
1,000

8,000

41932

10,000
1,000

12.000
1,000

Quieter.

500

Futures.
1:45

p.

al Strong at steady at Steady at Steady at Steady at
1-64 adpartially
partially 2-64 f(5 3-64 1-64 departially
vance.
1-64 dec. advance.
1-64 ady.
1-64 adv.
cline.

Steady

Market,

\

M.J

Market,
4 p. M,

}

Steady.

:

Quiet.

Quiet.

Irregular.

Steady.

Quiet.

J

Speculation in Indian corn futures have been quiet and the
changes in prices have been within narrow limits, with the
undertone of the market holding fairly steady. Tho export
demand has been light and advices from the interior have
reported rather freer country acceptances, with prospects
favorable for something of an increase in the crop movement.
Sympathy, however, with the improvement in wheat values
has held prices to a steady basis. Business in the spot market has been quiet but prices have been steady. To-day the
market was easy under increasing country offerings and crop
movement. Business in the spot market was moderately acThe sales for export to-day here and at outports were
tive.
450,000 bushels.
DAILY CLOSING PRICES OF NO 2 MIXED CORN IN
Mon. Tues.
Wed.
Sat.
40ia
Cash corn, f. o. b
40H
401a
401a

NEW YORK.

May

Sat.

mon.

Taes.

XVeA,

Tliar».

Fi.

4 1:45 4
121a 1 1:45 4 1:45 4 1:45 4 1:4.'
P.M. P.M. P.M t M. P.M. P.M. P.M. P.M. F.M P.M. P.M. P.M.

3914

J914

Fri.

40i3,e
39^4

30''8

30%

30%

SS^i

33

33'^8

33%

3314
3379

30'^8

SO'^s

33M
33%

3314

31 14
33i«

33''8

33%

31%

31%

31%

3II3

3II3

3Hfl

DAILY CLOSING PRICES OF NO 2 MIXED OATS IN NEW^ YORK.
Sat.
Mon.
Tues.
Wed. Thurs.
Fri.
Jan. delivery in elev
May delivery In elev

to

3938

40%

Speculation in oats for future delivery at the Western
market has been dull and prices have gradually sagged,
showing a fractional loss.
Demand has been slow, and
with fair country offerings, and an expected increase in the
crop movement, there has been an easy undertone. Locally
the spot market has held steady. There has been a moderate
inquiry from the home trade, and there has been some buying by exporters. To-day there was a quiet market. The
crop movement was fairly full. The spot market was steady.
DAILY CLOSING PRICES OF OATS DS NE1¥ YORK.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
No, 2 mixed in elev
29
29
29
29
29
29

for each

clause, unless otherwise stated.

3938

391^4

Jan. delivery In elev...
May delivery In elev
July delivery in elev

day are giv(B
below. Prices are on the basis of Uplands, Low Middiitg

Jan. 26

delivery in elev

Thurs.

DAILY CLOSING PRICES OF NO 2 MIXED CORN IN CHICAGO.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.

No, 2 white in elev

The prices of futures at Liverpool

Jan 20

189

2213
2358

221^
231a

2212
231a

2214
2314

2218
2338

2214
23I3

Rye has continued to meet with a slow sale, but prices have
been unchanged. Barley has had a moderate sale and the
010=^6

was steady.

Following are the closing quotations:
d.

d.

tf

d

d.

January

431 4 32 4 36 4 33 4 33 4

Jan.-Feb
Feb.-Mch. ..
Moh.- April..
April-May
May- June.
June-July.

4 26
4 21
4 17
4 15
4 10
4 07

4
4
4
4
4
4

July- Aug... 4 05
Aug.-Sept... 3 63
Sept.-Oot.... 3 53
Oct -Nov.... 3 46

4

.

4
3
3

28 4 32
23 4 27
19 4 24
IS 4 19
12 416
10 4 14
07 411
01 4 05
54 3 58
47 3 51

Nov.-Deo...

4 28
4 24
4 21
4 17
4 14

411
4 09
4 03
3 56

3 49
3 45

31

4 28 4 27
4 24 4 23
4 20 4 19
4 17 4 15
4 14 4 12
4 11 4 10
4 09 4 08
4 03 4 0<!
3 57 35.'=3 50 3 48
3 46 3 45

d.

d.

<*

rf

4S9 4 30 4
4
4
4
4
4
4
4

4
3
3

3

25 4 26
21 4 22
18 4 18
14 4 14
11 4 11
09 4 09
07 4 06
01 4 01
55 3 54
48 3 47
45 344

d

33 4 33 4 30
4 29 4i9 4 26
4 25 4 25 4 23
421 4 21 419
4 17 4 17 4 15
4 14 4 14 4 13
4 12 4 11 4 10
4 09 4 09 4 OH
4 03 4 03 4 02
3 57 3 56 3 .S5
3 50 3 49 3 48
3 46 3 46 3 45

d.

4 31
4 27
4 24

4 19
4 16
4 13

4 10
4 08
4 02
3.^5
3 48

3 45

BREADSTUFFS.
Friday, Jan. 26, 1900.
Business in the market for wheat flour has been more
active and there has been some improvement in values. Tde
increase in the demand was most pronounced early in the
week, when fair purchases were made by both exporters and
Subsequently, however, prices showed a
the home trade.
tendency to advance, but as buyers, as a rule, were not dis
posed to raise their bids, the higher figures asked held business
in check. City mills have had a fairly large sale at full value?. Rye flour has been in slightly better demand; prices
have been unchanged and steady. Buckwheat flour has been
quiet and prices have declined. Corn meal has moved slowly,
but values have held steady.
Speculation in wheat for future delivery has not broadened
materially, there being only a very moderate amount of
activity to the trading prices, however, have shown an upward tendency, as there has been less disposition to sell.
Developments, as a rule, have been favorable to higher
Reports received from Europe announced crop
price?.
damage in France and Russia, and foreign markets have advanced. Crop accounts from the interior also have been less
favorable, and during the latter part of the week a report
that the shipments of wheat from Argentine to Europe are
likely to be stopped, due to the appearance of the bubonic
plague at Rosario, had its influence in favor of the market.
Despite, however, the above factors, there has been comparatively little disposition shown to take the bull side of
the market, and in the absence of an aggressive demand prices have made only a very moderate advance. The
demand for "cash" wheat has shown a tendency to contract
at the higher prices asked, exporters showing no especial
anxiety to obtain supplies, and this has been one of the principal factors in holding the upward turn to values in check.
To-day there was a more active and higher market on decidedly stronger French cables, the British reverses in South
Africa and the bubonic plague in Argentine. Business in
the spot market was quiet; the sales for export to-day here
and at the outports were 88,000 bushels.
DAILY CLOSING PBIOES OF NO. 2 RED WINTER IN
YORK.
Fn.
Sat.
Hon. lues.
Wed. Thurs.
74i8
75i8
7658
7514
7514
Cash wheat f. o. b
74£(t
73''8
75'8
7458
74^8
Moh. dellTeryin elev.... 7314
74%
;

NEW

May

delivery In elev

72'^

72%

73^4

7278
7338
July delivery In elev
72%
DAILY CLOSING PRICES OF NO. 2 8PRINO IN
Sat.

Jan. delivery in elev....
May delivery In elev
July delivery In elev....-

63
66
ee^s

73i«
73ia

7338
7358

74 58
7478

CHICAGO.

Man.

lues.

Wed.

63%

6438

64%

eesg
67^8

67

ee's

67

67'^e

67^

67''8

Thurs.
6468

FLOUR.
Fine
Superfine
Extra, No. 2
Extra, No. 1

„$2 00 -312 35
Patent, winter
$3 50 WS 80
2 20 '©2 50
City mills, patent.. 4 00 -314 30
2 30 -32 65
Ryeflour,superflne 3 10 -313 60
2 50 -312 85
Buckwheat flour.. 1 75 ®2 00
Clears
2 90 ®3 30
Corn mealStraights
3 35 ®3 60
Western, etc
2 15 -312 20
Patent, spring
3 65 '3)4 40
Brandy wine
2 25
(Wheat flour In sacks sells at pri oes below those for barrels.)
GRAIN.
Wheat, per bush.—
o.
0.
Com, per bush.—
0.
c.
Hard Duluth, No.l 7968'a'8138
Western mixed
38i3®40'^a
N'th'DDuluth.No.l 77e8a>7938
No. 2 mixed
39 ®40''^8
Red winter, No. 2. 74''8®76''8
Western yellow
4
®41%
H'd Manitoba No.l 79''8®8158
Western white
40 ®41%
Oats— Mlx'd,p.bU8h. 29 ®31
Rye, per bushWhite
31 -®35
Western
59 -316013
No. 2mlxed
29 -3i30
State and Jersey
56 ®60
31i23)32i3
No. 2 white
Barley—Western
50 ®54
-

Feeding

UcHvti

68 1«
6938

©4713

rtt-

flour.

Wheat.

Corn.

Barley

Oat$.

ve.

Bbl».\96lbs Bush.eoibi Bush.Mlbi Bu»h.32Ibs Binh.48lb Bu.5e ih>.
tiloago
264,076
326,830
1.865,869
1.760,?32
614,67!^
52.250
Ullwaukee
20.750
127.400
41,160
232,800
269,450
35,000
Onlnth
201,030
58,740
7,6:9
2,600
Ulnneapolli.
7,495
1 650,90:
221,9S0
52,020
229,740
10,230
Toledo
16.260
55,576
554,866
67,000
]5,0)(
5,800
Detroit
58,3is
3,400
111.811
18,357
31.881
2,4U
Cleveland
32,834
195,441
189.912
3t. Lonl»
65,200
272,000
32,640
363,400
12,750
58,500
Ceorla
15 150
14950
826,000
234 100
74,300
4,200
Kan«a« City.
126,000
123,000
31,000
.

.

.

Tot.wk 1900

dame wk.'OO
Same wk. 98
Since Alio. 1
1899 1900
1888-99. ...
1897.qw.

849,730
lf9,16-

2.657,637

8.670.8S7

3,095,695 ""1700^821

4.2?8,193

5,884.284

3.033,787

162,811

2,274,656

3.831,984

2,825,542

9,804,558 131,966,517 11P,618,580 89.401,233
8,490,729 It's, 105,485 112,410,110 91.033,892
5,.'S4',199 156.160, OW 128,296,157 104.440,819

.

786,983
931,9S5

I25,?e4
180,197
164,421

27,0O2,eO7

3,895,732

27,642,9>56

7,268,670
7,875,433

24,955,684

The receipts of flour and grain at the seaboard ports
week ended Jan. 20, 1900, follow

for

tbe

Flour,

al—

Heceiptt

^•ewYork
3oBton
Montreal
Philadelphia
Baltimore
aiolimoDd

New

iVneat,

Oorrt,

bbU.

bush.

bush.

124.410
46.194

4f9.e00

681,420
81,li2

Oatt,
bush.
783,200
209,806

9,i;85

2»,150
1-9927

607.902

68 015

73 7P6

1,092 837

66,«07

11.632
58,000

20 HV6

1.1,374

5 97,600
859,391
91,800
191.324

80,825

602 0/9

4»,82l
60.906
1

OrieatiB*

LNewport

229

13,lf8

News

74,fc03

GJalvestc/ij

Portland. Mu...
Pensacola
Mobile
Port Artbur.
-il.Johu.

JS.

78.764
194,288

6.498

700
357

..

15,200

Bv,

bush.

bu$n.
28.000
23.081

169,650
41,144
J,2u0
8,800
17.808

.

..

6,648

'30,000

2.100
67.103

43.069

304,000
5?,5I1

1.429
....

«f0

Barley

101.523

2.'»,3»6

B

Totul week.
'"eek 18t9
•

Fri.

6618

43

The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for week ending Jan. 20, and
since Aug. 1, for each of last three years, have been:

395,180
451,118

1,807,647
3,233,436

4.025,345
3,447,573

56.729
fO 2,518
OrieaQs tor torelcrn

1,226,650
1,251.191

Receipts do not Include grain paitiCK throacrb
on throueh bill* of laaine

New

301.171
90,820

ports

Total receipts at ports from Jan.
follows for four years
:

1

to Jan. 20

compare as

:

THE CHRONICLE

190
RecHpUof—
rionr

Wheat

bnih.'~4,235,184

Ooru
Oats
Barlej

'•

Bye

"

9.829.233
3.789.134
959,577
167,746

"

18.970,874

••

"

Total drain...

IHWi.
907.013

1800

1808.

1,601,821

1,151,664

10.728,408
10,577.043
3,781,879
60L,208
874.637

11.434,467
7,724,672
5V1.453
1,095,783

26.462,071

25,087,633

1000.
1,014,748

bbU.

l,42ri90
Illa85ri7

4.2B2,2fl8

2.997.440
389,375
284,317
16,219,889

several seaboard ports for the week
ending Jan. 20, 1900, are shown in the annexed statement
Peas, Barley,
Oats.
Bye,
Flowr,
Wheat
Oor ti,

The exports from the

Exportt from- bush.

New York
Boston

Portland. Me.
Philadelphia..

Baltimore

New

bush.
426.262
14.983
191.324
109.714
937.426

335.530
76,615
194.288
8.000
82,000

Orleans..

7l6.5fi8

Newp'rt Newf
Galveston
104,000
Pensacola
Mobile
Port Arthur.. 804,000
8t.

John.N.B.

359.«9l
123,7a8

hush.
68.686

bxish.

bbls.

13S.102
13.340
6.4W2
25,57S
26,286
7,494
74,8u8

134,948
85.000
67,193
130,000
25.000

23,3«6

227,877
383,58a

432.141
505,512

6"',6S6

186,214

Bxvorts for

Weeh

Since Sevt.

Weel(

we«fc and sine*
Sept. 1 to—

Jan. 20.

1,18P».

Jan. 20

bbls.

bbls.

United Kingdom 149,534

686

4.062.026
862,958
358.963
572.977
113.352
145,019

227.877
483,588

6,102,9^3
7.517,620

81,«i04

America.

West Indies
Br.N.Am. Colo's
Other countries
Toiai
Total l898-tt9....

13.223
80,805
2,7i«6

153.157
47.835

Week
Jan. 20

1899.

bush.
bush.
455,321 24,073.705
606,578 16,167,095
6.S46

Do

bush.
2,890,000
168.000

afloat

Boston

I,l33,00i<

Philadelphia
Baltimore
New Orleans

128,000
5-^1,000

f 2,980,910:81.818

340

3.216,261 .6» .601,740

689,000
1,038.000

Galveston
Montreal
Toronto
BoSalo

Do

39,00li

'ea.bob
103.000
290,000

118.000

24,000

463,0o'6

813 000

BV*,

Barley
bush.
460.001

266,000
4.000
184.000

18.000

28 00C

81,000

1,013,000

"a boy

lii'.o'do

695.000

401,000

109

16,4ll.00f

4,536inbo
982,000
4,000

87.001/

Oi

11.006

66,000

227.000

82,00(

11,000

17,00C

afloat

86,000

afloat

S4ti,uud

afloat

1,339 000
168,000

233.000

....

3.085,000
7,068.001

217,000

188.000

367,bd6

i48,ooe

276.000
412,000

862,000
69.0C0

40,006
11,000

68.000
37.000

248.000

afloat

I5.403.uuii

1,660.000

afloat

Kansas City

8,170,000
67.000

Peoria
Indianapolis

On

buih.
241.000

bvish.

afloat

Minneapolis.
at Louis

Do

682,000

205.000
01 7,00«

Ft.WUl'm&Pt. Arthur
Duluth

DO

bush.
679,000

2.251,000
763.000
1,292,000

afloat

Milwaukee

Do

Oatf,

69,000

Toledo

Do
Detroit
Do
OhloaKO
Do

Corn,

1,112.000
1,455.000
919,000
613,000
24,ou0

323,000

259, dob

848,000
IZO.OOO

Week. Since Jan.

Great Britain
Other European
China
India
Arabia

19
23

67
72

'206

20,565

"15,060
483,000
84,000

1.

Since Jan, 1

IVeefc.

20

131
«2
26,154
11
4,869

11
20,980

843
3,758

i',294

430

399

201
351
12
43
327
391

1,507

29,782

23,630

39,711

1,507

29,782

23,630

39,711

80
349
86
311
317
122

Central America

South America...
Other Oountrlea....

Sttfi.
1, 1893.

:

In store at—
KewYork.....

1899.

Jan. 22.

Total
China, via Vancouver*

hush.
1,194.127 86,843,277
1.770.020 44.899.4i!3
137.664
1,766
427.947
13.420
600
311,658
693,5bl
987

212,900

:

1900

Nkw York to

1,337

272
818
1,221

1,230
1,509

282
528
4,429

486

Total

Prom New Eiutiana mill oolnts direct.
The value of the New York exports for the year to date has

bush.

1,110,894 40,460.045
3,333,636 70.639,188

below

since

The visible supply of grain, comprising the stocks in
granary at the principal points of accumalatiou at lake and
seaboard ports, Jan. 20, 1900, was as follows
Wheat,

points specified in the tables

orn.
Since

!

,

Since Sevt.
1,

48,69S
26.851

week and

Wheat.

,

fall are opened at 5 to 15 per cent over
advance ranging from 33 to 50 per cent over
a year ago. The demand has been irregular at the new
prices.
Flannels and blankets strong.
Domestic Cotton Goods.— The exports of cotton goods
from this port for the week ending Jan. 22 were 1,507
packages, valued at $85,024, their destination being to the

Mexico

1,429

56,511

Staple dress goods for

last season, the

Africa
West Indies

357

-Flour.-

C.

'48.009

20,000

destination of these exports for the
September 1, 1899, is as below :

&

44.016
....

The

B.

bush.
90.083

bush.

""700

150,523

Total week.. 1,1 10.g94 2,9-0.919
Same time '99.. 3,832,e35 3,216,251

Continent.

4.682

LXX.

[Vol.

71,00'^

23,000

Mississippi River

OnLakes

On oanal and river
14.100,000
6.088.000
1,218.000
1 92O.0OO
Total Jan. 20,1900. 68.553.000
li«.b8t.000
6.043.000
],25').UO0
2. 081, too
Total Jan. 13, 1900. 66,582.000
1^99*
2H.a73,000
26,061,000
6,986,000
21.
1,797.000
3.364.000
Total Jan.
4.0tj2.000
41,789,000
14 54<i,000
3,1»-1,000
Total Jan. 22, 1898* 87,168,000
21.718,000
13,153.000
8,eO2,O0C
3,666.000
Total Jan. 23, 1897* 51.2H5,000
» Kicluslve of New Orleans, Galveston, Ft. William and Port Arthat, but
Including Albany, Oswego and Cincinnati, now omitted.
Note.— Beerlnning July 1, 1899. the New York Produce Exchange has changed
Its Visible Supply Statement by including stocks at New Orleans. Galveston
Ft. William and Pt. Arthur (previously omitted) aad leaving out Albany
Oswego and Cincinnati, formerly included.

'

been $1,122,283 in 1900, against $1,317,623 in 1899.
Heavy brown sheetings and drills have been in rather
better home request, but still slow for export. Prices
are firm in leading makes for near deliveries, but sellers
easier to deal with on distant positions.
Four-yards and
lighter weights firm. Fine grey goods firm for spots but
irregular for forward deliveries. Ducks and brown osnaburgs are steady. Conditions in bleached cottons are unaltered; the jobbing demand is poor but manufacturing
trades fair buyers. Prices firm.
Wide sheetings and cotton
flannels and blankets strong.
Quilts heavily sold ahead and
firm. Denims are tending upwards, and other coarse colored
cottons are in a stong position. Kid- finished cambrics quiet
and unchanged. In printed calicoes the best demand has been
for indigo blues, which have sold freely at recent advance in
prices.
Shirting prints, mournings and other staples in fair
request and firm. Fancy calicoes generally quiet. Ginghams
are strong throughout. Dark napped fabrics for fall in good
request. Print cloths inactive for regulars at 3}^c. Odd
goods in fair demand but easier for distant positions.

—

Foreign Dry Goods. Moderate business is reported in
dress goods at firm prices. Silks are quiet but firm. Ribbons in rather better request. Laces steady. Linens very
strong and still tending against buyers. Burlaps are firm
but quiet.

Importations and Warelionse WltlidraTvals of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending Jan. 25, ISOO, and since
January 1, 1900, and for the corresponding periods of last
year are as follows:
1^

s

E?

sP§|S
l-ki^

ii
u

•

0'.

1

New

York, Friday, P. M., January 26, 1900.
The demand for cotton goods has shown] some improve-

ment during the week, but has not yet reached importdimensions in any directions.
Good
ant
supplies
are still going forward to jobbers and others on existing
orders, and these tend to keep supplementary buying for the
present within moderate limits. There is no weakening in
the price of goods on the spot, nor for near deliveries, to
tempt buyers, but for more distant positions the market for
staple cottons is barely as firm as of late. The jobbing trade
continues active in all quarters, and reports coming to hand
show one of the largest January's business on record. Requirements during the next two months should be on a liberal scale, and there does not seem to be any likelihood of
further stocks in the primary market meanwhile.
The
woolen goods division of the market has been unusually
active, opening of important lines of men's- wear fabrics for
fall releasing an extensive demand, with business in dress
goods for fall also developing. The new prices show heavy
advances over those named at the opening of the last fall season. Collections continue good.
Woolen IGoods.— The chief feature in the men's-wear
woolen goods division has been the opening of the American
Woolen Company's fall lines of staples and fancies. These
were shown to the trade on Monday and since then an unusually active demand has been experienced. The prices
named show advances of from 20 to 33 per cent over a year
ago and have been paid without demur. The sales of the
for the week are reported well in excess of $10,000,000 and at the close a number of lines have been withdrawn,
sold up. In other directions a fair amount of business has
been done without special feature. Business in overcoatings
and cloakings has been quiet without change in prices.

a

,

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—
January

—

:

.

THE CHRONICLE.

27, 1900.]

wm mn

——

A

city

News

u^f/kmwtm.

:

191

payable to the City Comptroller, will be required with each
bid. The legality of these bonds has been approved by
Messrs. Dillon & Hubbard of New York City. Bonds are

free from tax.
been
filed
in
The official notice of this bond offering will be found among
Alexandria, Ya,.— Bond Litigation.— Suit has
the District Court by John Calleghan, a taxpayer, praying the advertisements elsewhere in this Department.
for an injunction restraining the issuance of $71 ,000 improveBaton Bouge, La.— Bond Sale— Bond Offering.— On Jan.
ment bonds voted on Nov. 20, 1899. Mr. Calleghan claims
20
$55,000 of the $135,000 i% 10-40-year improvement bonda
that the bonds are unconstitutional. The Court has granted
awarded, at an average price of 101-50, as follows
were
a temporary injunction.
110,000 to La. Fire Ins. Co. at tlO,125.
Cedar Rapids, Iowa.— Bonds Lec/aZ.— The State Supreme $16,000 to Helgason Bros, at $15,226.
8.000 to K. G. Kougon at $8,160.
10,000 to First Nat. Bank at $10,150.
Court has declared valid an issue of $205,000 4^ refunding 10,000
2.000 to Mrs. J. M. Parker at $a,010
$10,ia6.
Major
at
to P. C.
bonds of this city. As stated in the Chronicle Oct. 21, 1899,
All other bids were rejected. The remaining $80,000 bond&
the city entered into an agreement with Geo. M. Bechtel,
will
be sold on March 1. For full description of bonds see
subject
dea
bonds,
to
Davenport, for the sale of $205,000
Dec. 16, p. 1260.
Chronicle
cision of the Supreme Court as to their validity. This
Mich.—Bond 0#ering.— Proposals will be reCity,
Bay
may
now
take
decision having been rendered, the refunding
ceived until 3 P M Feb. 12 for $20,000 4.% refunding water bonds.
place.
Bond Issue FaZid.— Suit was insti- Securities are in denomination of $1,000, dated March 1, 1900.
Payetteville, N.
the National Bank of
this city to prevent the issu- Interest will be payable annually at
some
time
against
tuted
ago
will mature March 1,
Principal
York
City.
New
Commerce,
ance of $75,000 bonds voted for water-works and electricrequired.
will
be
for
certified
check
$500
1930.
A
claimed
that
no
prolight plants. Among other things it was
vision had been made for interest on these bonds and for the
Bloomfleld (N. J.) School District No. 7.— Bond Offering.
creation of a sinking fund. The case was taken to the SuWe are advised that the $50,000 bonds voted on Dec. 29,
preme Court, where it has now been declared that the bonds
1899, will bear 4% interest, and will mature one bond of $1,000
are legal and that ample provision had been made for both
interest and sinking fund. When issued bonds will bear 5% yearly on Jan. 15 from 1905 to 1926, inclusive, and seven
nterest and will mature in 30 years.
bonds of $1,000 each yearly on Jan. 15 from 1927 to 1930, inLos Angeles, Cai.— Suit to Test Legality of Bonds.—
Proposals for these bonds will be received until 8
clusive.
friendlv suit was filed on Jan. 19 to test the legality of the
p. M. F*b. 13 by William A. Baldwin, Clerk, 444 Broad
$200,000 school bonds awarded to Seymour Bros. & Co., New
York City, on Oct. 23, 1899. The bill of complaint asks that Street, Bloomfleld. They are dated Jan. 15, 1900. Interest
the City Clerk be compelled to countersign the bonds or will be payable ^semi-annually at the Bloomfleld National
show cause why he should not do so. This suit was brought Bank. A certified check for 5% of the par value of bonds bid
under the advice of Messrs, Dillon & Hubbard, New York
for will be required.
City, in order to remove all doubt as to the legality of the
The official notice of this bond offering will be found among
bonds.
Mount Vernon Township, 111.— Bonds Leffai!.— The follow- the aavertisements elsewhere in this Department.
ing dispatch from Mount Vernon, 111., dated Jan. 5, 19L0, apBond Hill, Ohio.— Bond Offering. Proposals will be repeared in the St. Louis " Republic :"
until 12 M. Feb. 12 by A. J. Kiphart, Village Clerk,
ceived
The United States Court of Appeals at ChicsKO has just decided that $16,000
20 5^ 1-10 year (serial) assessment bonds. Securifor
adop$4,333
prior
the
just
of bonds voted to be Issued by Mount Vernon Township
tion of the Slate Constitution in 1870 are legal, and the township will be liable ties are in denomination of $433 32, dated Feb. 12, 1900.
Infor them. They were i6*ued for the purpose of aining in the construction of
the St. Louis & Southeastern (now Louisville & Nashville) Kailroad, but pay- terest will be payable annually at the Third National Bank

Items.

I

I

C—

—

—

t'

>

ment was resisted on the ground that the Constitution forbade the issuing of
bonds to aid corporations. This decision reverses the Supreme Court of Illinois and JudKe Allen of the United States Circuit Court at Springfield, who
held the bonds illegal.

Bond Proposals and Negotiations
week have been

as follows

thlB

:

Akron, Ohio.— Borids Authorized.— The City Council has
authorized the issuance of $37,000 bonds maturing $6,000
yearly from one to five years and $7,000 in six years, and $20,000
bonds maturing $3,000 yearly from one to four years and $4,000
each in five and six years. Both of the above issues are for the
improvement of East Market Street. They are in denomination of $1,000, dated March 3, 1900. Interest will be at a
rate not exceeding 5%, payable semi annually at the National

Park Bank, New York City.
Albany Couaty, N. Y. Bonds Authorized.— The Board

of
Dec. 29, 1899, authorized the issuance of $20,-

Supervisors on
000 bonds to meet the expenses of the penitentiary
Allegheny (Pa.) School District.— Bond Ojfermg.— Proposals will be received until 5 p. M. Feb. 19 by G. W. Gerwig. Secretary, for the purchase of $100,000 d% bonds, with
the understanding that the purchaser will take at the bid
offered bonds in excess of this sum to the amount of not
more than $150,000. Securities are free of State tax. Piincipal will mature $10,000 yearly, beginning April 1, 1905, A
certified check for 5i of the par value of bonds bid for, payable to the Allegheny School District, must accompany all
bids.

Allentown, Pa.— Bond O/Termgr, — Proposals will be

re-

ceived until 7 P. M Feb 6, by James L. Schaadt, Mayor, for
$60,000 S}4% 5-30 year (optional) water bonds. Securities are
in denominations of $100 and $500, dated Oct. 2, 1899. Interest will be payable semi-annually at the ofi&ce of the City
Treasurer.
certified check for 5^ of the amount bid, pay
able to the city of Allentown, will be required with each
proposal. Bonds are exempt from State tax.
Amarillo, Texas.- Bond (Sa^e.— M. S. Swain, Austin, has
purchased an issue of $10,000 5% 20-year public-building bonds
of this city. Securities are dated Jan. 1, 1900; interest will
be payable semiannually.
The city has no other debt.
The assessed valuation is $626,000,
Araesbury, Mass. Loan Not Negotiated. It has b(en
stated in some of the papers that the Town Treasurer recently borrowed $160,000 in anticipation of the collection of
taxes. This, we are advised by Porter Sargent, Town Treasurer, is an error, as the town has placed no loans since
September last, when $20,000 was negotiated.
Atlantic City, N. 3.— Bond Offering.— Ftot^ob&Is will be
received until 12 m. Feb. 12 by A. M. Htston, City Comptroller, for $16,000 4%% gold coupon bonds.
Secuiities are
,

A

—

of Cincinnati.

Chicago (111.) Sanitary District.— Bond Sale.— On Jan.
26 the $1,000,000 4% bonds of this district were awarded to
N. W. Harris & Co., Chicago, for $1 011,750, this being the
only bid received. Securities are in denomination of $1,000,
dated Jan. 1, 1900. Interest will be payable semi-annually
and the principal will mature $50,000 yearly on Jan. 1 from
19U1 to 1920, inclusive.
Cumberland County (P. 0. Bridgeton), N. J.— Bond Offering.
Proposals will be received until 10 a. m. Jan. 30 by W.
0. Garrison, County Collector, for $5,000 4%% insane asylum
bonds. Securities are in denomination of $1,000, dated Jan.
Interest will be payable semi-annually at the office
1, ISOO.
of the County Collector, Principal will mature $1,000 yearly
on Jan. 1 from 1903 to 1907, inclusive.
De Pere, Wis. Bonds Authorized The City Council has
authorized the issuance of $8,000 bonds for the completion
of the new high-school building. These securities will probably be offered for sale in the early part of February. They
will be in denomination of 500. Interest will be at a rate
not exceeding 4%. payable annually. Principal will mature
$2,000 yearly on Jan. 15 from 1910 to 1913, inclusive.
Detroit, Mich. Bids. Following are the bids received on
Jan. 19 for the $150,000 3>^% 30 year park bonds

—

—

—

N. W. Harris* Co., Chicago. $159,811 00 Parkinson & Burr, Boston.. $158,449 5C
158,122 50
& Co., Boat, lf»..51O00 Jos. E. Gavin, Buffalo
Merchant s' L. & Tr. Co.,Chic 157,980 00
l.'39.46,5 00
Estabrook & Co.. Boston
Farson, Leach &Co., Chicago, 159,240 00 Lampreibt Bros. Co.. Cleve. 157,597 50
K. U. Rollins &Son8, Boston. 159,136 50 German Am. Bank, Detroit. 167,6011 00
156,777 80
\V. J. Hayes & Sons, Cleve.. 15«,U37 00 Spitzer & Co., Toledo
Atlas Nat. Bank, Cincin
156,500 00
Detroit City Sinking Fund.
158,940 00 New 1st Nat. B'k. Columbus. 154,305 50
Dei roit
158.730 00 Edw. C. Jones & Co., N. Y... 15l,2t0 00
Adams & Co., Boston
Denison, Prior & Co., Cleve. lo«.715 OU

Blodget, Merritt

,

.
,

stated last week, bonds were awarded to N. W. Harris
Co., Chicago, at 106 54.
Bond Sale.-On Jan. 25 the $200,000 d^% 30-year gold
water bonds ^were awarded Emory Wendell, Detroit, at
107-30- an interest basis of about 3*124^. For full description of bonds see Chronicle Jan. 13, p. 94.

As

&

Dichens County, Texas.

Bond

Sale.

—This

county has

sold to M. S. Swain, Austin, an issue of $12,000 5% refunding
bonds. Interest on these securities will be payable annually

and the payment of the principal will be optional

after ten

years.

Bond Call.-ThiB county
1900,

at the First National

called

for

payment Jan.

25,

Bank, Austin, $12,000 6^ court-

houpe bonds.

N'tice of this bond call will be found among the advertisements elseuhere in this Department
Drajton School District, Pembina County, N. Dak.—
Proposals will be received at any time for
in denomination of $1,000, dated Jan. 1, 1900. Interest will Bond Offering
$2,500 4% 10-year gold building bonds. Securities are in debe payable semi-annually at the Hanover National Bank,
nomination of $500, with interest payable semi-annually.
New York City. Principal will mature Jan. 1, 1920. A deDuluth, Minn.— Bond Election Proposed.— The Common
posit in money of $500 or a certified check for that amount, Council has under consideration the question of submitting

—

—

—

—— —

—————

THE CHRONICLE.

192

Honey Foiut Township (111.) School District No. 5—
Bonds Vottia.— This, district recently voted to issue $500

—

bonds for the erection of a new school house to replace one
recently destroyed by fire. The new building will coht about
$1,000, and the difference will be met by the insurance on the
old building.
Hyde Park, Ohio. Bond Election Proposed. An election
is proposed in this village to vote on tbe question of issuing
$100,000 bonds for sewers, street and otber purposes.
Indiana County, Pa.— Bond 5aZe.—Tnis county has sold
an issue of $18,000 refunding bonds.
Ingersoll, Ont. Debenture Offering. Proposals will be
received until Feb. 1 by W. R Smith, Town Clerk, for $4,000
4t%
permanent-improvement debentures. These securities
were voted by the electors of the town on Jan 1. Interest
will be payable annually on Dec. 31 and the principal will
mature on Dec. 31, 1919.
Jeifersou County (P. 0. Steubenville), Ohio.— Bond Offering.— 'Pxo'^os.dA's, will be received until 12 m. Jan. 30 by the
Commissioners of Smithfield and Portland Free Turnpike,
care of the County Auditor, for $44,000 6$? free turnpike bonds.
S curities are in denominations of $500 and $1,000, dated Feb.
20, 1900. Interest will be payable semi-annually and the principal will mature yearly from Feb. 20, 1901, to Feb. 20, 1911.
Bonds are issued under authority of sections 4(^08, 4812 and
4813a, Revised Statutes of Ohio. A certified check for 5^ of
the gross amount of bonds bids for will be required.
Jersey City, N. J. Bond Election. An election will be
held Feb. 13 to vote on the question of purchasing the waterworks, etc., when system is completed under the contract
entered into in February, 1899, with Patrick H. Flynn, The
cost of the works will be $7,595,000.

principal will mature Jan. 1, 19 lO.
Elkins, W. Ya.— Bond Sale.—Oa Jan. 23 the $35,000 5% 1230-year (optional) water works bonds were awarded to Rosaer
Castoe, Bellaire, Ohio, at 103'70— an interest basis of about
4-70!?.
For description of bonds see Shronicle Jan. 13, p. 94.

—

&

Eliuwood Place (Ohio) School District- Bond Election.—

An

election will be held on Jan. 30, 1900, to vote on the question of issuing $13,000 bonds for a new school house.

—

Essex Coumy, N. J.— Bonds Proposed.— The Finance Committee of the Board of Freeholders on Jan. 10 recommended
the issuance of $107,376 94 A% 10 year bonds for the payment
of the county's share (two-thirds) of the improvements made
in various roads during the past

will

be received until Feb. 5 by J. H. Lovejoy, Judge of Probate,
for $10,000 Q% current-expense warrants. Securities are in
denomination of $1,000. Interest will be payable semi annually.

Everett, Wash.— Bowds Fo^ed.— At the election held on
Dec. 39, 1899, it was voted to issue $60,000 5% sewer bonds.
Securities will be advertised for sale in the near future. Interest will be payable semi-annually in gold at the State
fiscal agency in New York City.
Principal will mature in

twenty years.

—

—

Fall River, Mass. Loan Authorized, As is usual at this
time of the year, the City Treasurer has been authorized to
borrow from time to time a sum not exceediog $65'J,000 in
anticipation of the collection of taxes.
Loan Order Passed. The usual order authorizing the City
Treasurer to borrow $450,000 in anticipation of the collection
of taxes has been passed by the Board of Aldermen.
Bond Sale.— On Jan, 24 $100,000 d%% bonds were awarded
to Estabrook
Co., Boston, at 106 '629 -an interest basis of
about 3-156;^. Securities are dated Feb. 1, 1900, and mature
Feb. 1, 1930, Interest will be payable Feb. 1 and Aug. 1 by
full list of the bidders will be given next week.
check.
Bonds Authorized. The issuance of $100,000 bonds to refund a like amount of water bonds maturing Feb. 1, 1900,
has been authorized.
Fort Gaines, Ga.— Bond Offering,— J. Eugene Pererson,
Chairman Finance Committee, advertises for sale $10,000 5%
30-year refunding bonds. This issue may be increased to
$20,000 if the city desires.
tsonds Authorized .—The Tovin Council has
Fossil, Ore.
authorized the issuance of $12,000 bonds for a gravity water

—

Joplln (Mo.) School District.— Bond O^ermt;.— Proposals
were asked for until 7 p. m. yesterday (Jan. 26) for $39,000 A%
10-20-year (optional) refunding bonds. Securities are dated
Feb, 1, 1900. Interest will be payable Feb. 1 and Aug. 1.
At the hour of going to press the result of this sale was not

&

A

known.
Kingston, Pa.

—

system.

—

Gallipolis, Ohio.— Bond Offering. Proposals will be received until 1 p. M. Feb. 15 by T, E. Bradbury, City Clerk,
for $6,000 5% coupon redemption bonds. Secarities will be in
denomination of $500, dated Feb. 25, 1900; interest will be
payable February 25 and August 25 at the office of the City
Treasurer. Principal will mature Feb. 25, 1920. Bonds are
issued in accordance with Section 2701, Revised Statutes of
Ohio, and a city ordinance passed Jan. 4, 1900. Proposals
must be upon blanks furnished by the City Clerk, and each
bid must be accompanied by a sum of money or a certified
check on some bank in good financial standing for 3% of the
bid.

LXX.

ton at 105-70.

3—

two years.
Etowah Couuty, Ala.— Warrant Offering.— Pvoposals

[Vol.

bonds were awarded to the Second National Bank of Hamil-

to a vote of the people at the muoicipal election Feb. 6, 1900,
a proposition to isue $110,000 electric-Iightplant bonds.
Elizabeth, N.
Bond Sale— Oa Jan. 13 $45,000 A% schoolhouse bonds were sold to Joseph M. Byrne, Newark, at 101 '50
an interest basis of about 3'82^. Securities are dated Jan.
Interest will be payable Jan. 1 and July 1 and the
1, 1900.

amount

—

\

Bond and

Certificate Sale,

&

—This

borough

recently sold to the Deposit
Savings Bank of Kingston, at
101-50, $5,300 4:}4% bonds and $4,000 5% certificates of indebtedness. The bonds will mature in 1915, subject to call $1,300
in 1905 and $1,000 in the years 1906, 1907, 1908 and 1909. The
certificates mature in four years, subject to call after one
year. Bonds free from State tax.
La Grange, Ga, Bond Election. The election to vote on
the question of issuing $15,000 electric-light- plant bonds will
be held on Feb 1, 1900. Bonds, if authorized by the requisite
two-thirds vote, will bear 4^ interest, payable semi-annually
in gold in either La Grange or New York City. Principal
will mature in 30 years.
Lake County (P. 0. Crown Point), Ind.— Bond Offering.
Proposals will be received until 11 a. m. Feb. 15 by Saward
Lightner, County Treasurer, for $36,990 4'^% free gravelroad bonds. Securities are in denomination of $924 75, dated
Feb. 1, 1900. Interest will be payable May 15 and Nov. 15 at
the office of the County Treasurer. Principal will mature

—

—

one bond each six months from Nov. 15, 1900, to May 15,
These bonds are issued to construct gravel
1920, inclusive.
roads in Hobart Township, and were authorized at an election held on June 20, 1899, by a vote of 580 to 74. The bonded
indebtedness of Hobart Township, including this issue, is

—

Bonds Defeated.— At the election held $89,581 all for gravel reads. The assessed valuation is $2,680,995 and the actual value about $10,000,000.
street improve
on Jan. 16 the proposition to issue $90,0
Lawreuce, Mass.— Bond Saie.— On Jan. 24 the $40,000 4^
ment bonds was defeated by a vote of 239 for to 331 against.
Geneva, N. Y.—Bond Sale.—Oo. Jan. 23 N. W. Harris & school bonds were awarded to N. W. Harris & Co., New
York, at 111-215 an interest basis of about 3 18^. FollowCo., New York, were awarded $41,500 33^^ paving bonds at
102-33 and $22,500 d}4% assessment bonds at 100 65. A lull ing are the bids
111-04
N. W. Harris & Co., New York. .111-215 Adams & Co. Boston
list of bidders will be given next week.
111-197 Perry, CotHn & Burr, Boston.... 11 1-.;0
R. L. Day & Co., Boston
Galveston, Texas.

—
:

—

Gloversville, N. Y. Bond Offering. Proposals will be received until 2 p. M. Feb. 8 by O. L, Everest, City Chamberlain,
for $2,400 43^^ local improvement bonds. Securities are in denomination of $100, dated Feb. 1, 1900. Interest will be payable annually on Feb. 1 at the Fourth National Bank of New
York City. Principal will mature $700 in one year, $500 in
two years and $400 in three, four and five years.
Granby (P. 0. Oswego Falls, N. Y.) School District No.
2.
Bond Offering. Proposals will be received until 8 p. m
Feb. 16 by A. C. Davis, Clerk Board of Education, for $11,000 4.% bonds. Securities are in denomination of $1,025,
dated March 1, 1900. Interest will be payable May 1 and
Nov. 1 at the United States Mortgage
Trust Co. New
York City. Principal will mature $2,050 yearly on Nov. 1
from 1900 to 1919, inclusive. Bonds will be certified as to
genuineness by the United States Mortgage & Trost Co.,
New York City, and their legality has been passed upon by
J. H. Caldwell, Esq New York City.
All bids must be
made on blanks furnished by the Clerk. The above issue
will represent the total debt of the district. The assessed
valuation is $798,000 and the real value about $1,500,000. The
population is estimated at 3,000.
Grand Rapids, Mich. Bonds Axithorized. This city has
received Legislative authority to make an additional issue of
$50,000 bridge bonds.
Greenville, Miss.— Bond SaZe.—
are advised that the
$65,000 b% 20year sewer bonds voted last fall have been sold

—

&

,

,

—

We

at over par.

110-931
Jose, Paripr& Co.. Boston
Bloaset, Merritt & Co.. Boston.. 111-14
111-125 C. S. Cumaings & Co Boston... 110-79
Geo. A. Fernald. Boston
110-777
lir 10
Vermilye & Co., New York
Denison, Prior & Co.. Cleve
111-075 Thompson. Tenny & Crawford,
Kstabrook & Co., Boston
Ilr06
109-635
Blake Bros. & Co., Boston
New York
B. H. Hollins & Sons. Boston... 111-051
Bonds are dated August 1, 1899, and mature $8,000 yearly
,

i

1 from 1905 to 1919, inclusive.
For further description of bonds see Chronicle Jan. 20, p. 141.
Lawreuce (Kan.) School District. Bonds to be Payable in
are advised by F. W. Blackmar, Clerk of the
Currency.
Board of Education, that the $25,000 4^ school bonds advertised for sale Feb. 1 will be payable in "gold or other lawful
money of the United States," and not in gold only, as at first
intended. This action was taken because suit was threatened
by one Martindale if the Board issued bonds payable in gold.
The ground for this threat was a law passed by a Populist
Legislature in 1893 declaring that all obligations "jto be paid
in money, if not dischargeable in United States legal tender
notes, shall be payable in either the standard silver or gold
coins authorized by Congress."
Lowellville Ohio.— Bond Sale.— On Jan. 23 the $8,000 6^
1-16 year (serial) electric-light bonds were awarded to Feder,
Holzman&Co., Cincinn-ati, at 116 03— an interest basis of
full list of bidders will be given next week.
about 3-78,
For description of bonds see Chronicle Jan. 6. p. 46.
Marquette, Mich,— Bids.— Following is a list of the bids
received on J-tn. 15 for the $20,000 4^ 10-year refunding bonds:

on August

—We

A

102-10
101-1.S6
R. Kleybolte &Co.. Clncin
Kuhn & Sons, Cincinnati
101-50
Brl«ts. Todd & Co.. Clnein
iOO-;!25
A. Kean. Chicago
101-:i81 First Nat. Bank. Marquette
ItO-iO
Seasongood & Mayer, Cincin
As stated last week, bonds were awarded to B. Kuhn

S.
8.

Hamilton, Ohio.— Bond Sale.— On Jan. 19 the $16,616 52
4%% street-improvement bonds and $8,041 35 i% intersection Sons, Cincinnati.

—

&

:

January

—

—

—

.
'

THE CHRONICLE.

37, 1900.J

Mat toon Toi/vnship, III.— Change in Date of Bond Offer—The date until which bids will be received for the |5I>,000 4% 20 year refunding bonds described last week bas been

ing.

cbanj^ed from Feb. H to Feb. 20.
Moutrose County, Colo. Bond Sale.— This county sold
on Jan, 15 the i|125,a00 43^^ refunding bonds authorized at an
election held last fall.
Tne total amount of the bonds to be
refunded is $128,300, of which $3,0i will be paid with cash
on hand. The new bonds were purchased by L. A. Coquard,
St. Louis, at par less a commission of l}/^% to pay all expenses of refnndiDg. They will be dated March 1, 1900. Interest will be payable semi-anrually in New York City, St.
Lonis or Montrose.

New York City.— Bond Sale.— On Jan. 23 the |5,56S,483 90
To
3}4% corporate stock of this city was h warded as follows
the Brooklyn "Eagle" $25,000 stock for the New East River
Bridge at 109 744; the remaining securities were awarded to
Vermilye
Sons, New York, at
Co. and Harvey Fisk
109 477 for the $3,^93 483 »0 bonds maturing in 1940, and
10(5037 for the $1,650,000 maturing in 1919. Following are
the bids
:

&

&

:

]93

®107*C3
tor entire amount
Farson, Leach & Co., New York
l.oOO.OOO (lO, due in 1940
,a>l0«-**0
Hamilton Trust Co,, Brooklyn
w ioa-66
New
York
City
for
entire
amount
Bank,
Nat,
Western
®li'2-00
500 00, any issue
James P. Fish
@102-(iO
500 00, any issue
Nancy J. Fish
©100-00
any
50,000
00,
issue
Johu H. Thompson
The total of the 19 bids submitted for these bonds was
The basis upon whitjh the $25,000 bonds
$34,468,419 50.
was awarded to the Brooklyn "Eagle" was about 3'08^. The
other issues were awarded on a basis of about 309^. F. r
full description of securities se^ Chronicle Jan. 13. p, 95.
Rapid Transit Tunnel Bill Passes Legislature. Bo^b
Hou^-'es of the State Legislature passed on January 25, 190O,
a bill authorizing the Board of Estimate and Apportionment to issue the $35,000,000 bonds for the building of tbe
rapid transit tunnel as money is required, without the approval of the Municipal Asfembly, as provided for in the

—

original law.

—

New Haven, Conn.— Loan Bids. Following are the bids
received Jan. 18 for the temporary loan of $^^00,000 awarded,
as stated last week, to F. S. Moseley & Co., Boston, at 3 745^:
F. S.

Moseley & Co., Boston
Savings Bank

$800,000® 3

New Haven

15o,0

Broooklyn -Eagle"
Vermilye & Co. and
Harvey Fisk & Sons
Arthur S. Leland & Co..

3,918,483 PO,

I

l,660,(iOl> 00,

New York

Allen Sana
Sand &co,,iNew
& Co New York
Auen.

$25,000 E. River Bdg.bds. ©109-744
due In 1P40.... @infl-t77

J

500,000 00.
i

^^j.

due in
due in

1919..., @^06•0:^7

""• '^^^ '"^ 1940.... @in9-02
ioo,000 CO, due in 19i9.... c*105-70
^' ^'^^'^

)
New York
wew
yotb.....<^^

400,000

flO.

400,0(iOOO,

.

.

.

I

I

(

.

.

I

.

.

.

NJEWNLOANS,

^so,ooo
Township of Bloomfield, N. J.,

;

;

;

1930.

Proposals must be accompanied by a certified
check, payjble to the order of the District Clerk of
School District No. 7 (Central Union), in the County
of Essex, for five per cent of the par value of the
bonds bid for.

Proposals should be addressed to William A. Baldwin, District Clerk, 444 Broad Street, Bloomfield,
Essex County, New Jersey, and endorsed "Proposals for School Bonds."
Bids will be opened at 8:15 o'clock P. M. at the
room of tbe Board of Trustees in the High School
building on Tuesday evening, February 13, 1900,
The Board of Trustees reserves the right to reject
any or all proposals.

The bonds

be ready for delivery at the room
of the Board of Trustees in the Hieh School building at two o'clock P. M„ on Saturday, February 24,
1900, at which time and place purchasers must receive and pay for the bonds, including accrued interest from January 15, 1900, to the date of payment.
These bonds have been approved by the AttorneyGeneral of the State, and are issued under the
authority of an Act entitled "An Act to establish a
system of public instruction," approved March 27,
1874, and supplements thereto and amendments
thereof, and by the consent of the inhabitants of
said district lawfully given at a meeting lawfully
held on December 29, 1899.
will

Bloomfield, N.

J.,

January

WM. A. BALDWIN.

24, 1900.

THOMAS OAKES, President.

District Clerk Board
of Trustees of School District No. 7
(Central Union) in tbe County of Essex.

An

'

OS-.'^S

05-62
@1' 8-56

@105-i5
©108-465

®

08-46
@I05-.i8

@10>03
@l('.'-00

@108-H
@l05-78
@li 8-3M

@105'52
©108-38
©105-28

©KS 00
©105 00
©105-51

©107-30
©In7-0.S
©1114-70

offer of 3 '90^

N(-wman

&

(

—

months from March 1, 1902, to March 1, 1904.
North Tonawanda, N, Y. Bond Sale, — Oa Jan. 25 tbe
$85,000 H school-house bonds were awarded to W. J Hayes
& Sons, Cleveland, at 110— an interest basis of about 8'40^.

___N^WJLOA^

Wednesday, February
the

of the United Slates at the Fidelity Trust

payable to the order of the Treasurer of Bloomfield
Township, for five per cent of the par value of the
bid for.

Proposals should be addressed to WilliamL. Johnson, Township Cleik, 27 Broad Street, Bloomfield,
Essex County, New Jersey, and endorsed "Proposals
for Sewer Bonds."
Bids will be opened at 8:15 o'clock P. M. at the
Township Committee Rooms, Number 27 Broad
6,

;

"SERIES
ISSU E,

B,"

400

BONDS

$500 each;

TOTAL

Dated February

15, 1 900, paya ble
semi-annually, at the
Fiscal Agency of the Slate of Washington in New

$1 ,2( 0,000.

February

15, 1920, interest

York City.
Bonds will be sold at not

less

than par and accrued

interest to day of delivery and to the person bidding
to lake the same at the io^'est and best rate of
interest. All bids must be accompanied by duly

check in the amount of two per cent of the
bonds bid for, on a respoDsible bank of Tacoms,
Washington, payable to the order of W. A. Stern-

certified

berg, Treasurer.

The

is reserved to reject
advertisement see the
"Tacoma Daily Ledger," commencing January 10.
Blank proposals and circulars can be had at the
office of the UNITED STATES MORTGAGE &
TRUST C0„ 59 Cedar Street, New York City.
For other information address,

any and

all bids.

For

right

ofiicial

ALFRED LISTER, City Controller,
Secretary of Sinking Fund Commission,
Tacoma, Washington.

all

ment.
These Bonds are issued under authority of an Act
entitled "An Act to provide for Sewerage or Drainage, or both, in Townships," approved May 9, 1894,
and the Supplements and Amendments thereto.

$10,000
OITYtfAMARILLO,T£X.,
b% 20-Year Public Building Bonds,

DATED JAN.

1,

1900.

Interest payable semi-annually in

PRICE TO NET

LEE STOUT,

Chairman Township Committee, Township

H

New York

City.

INTERESr.

of

Amarillo is county seat of Potter County, and hasno other debts. The assessed valuation is $626,000.

Bloomfield.
I,.

CITY

will

right to

proposals.
for delivery at the Town ship Committee Booms, No. 27 Broad Street, Bloomfield, N. J., at 12 o'clock noon on Monday, February
19, 1900, at which time and place purchasers must
receive and pay for the Bonds, including accrued interest from February 1, 1900, to the date of pay-

WILLIAM

of the

open bids for bocds
to take up and cancel outstanding warrants.
"SERIES A," 1,000 BONDS OF $1,000 EACH

The Bonds will be ready

G.

1900.

at 2 o'clock P. M.,

SINKING FUND COMMISSION

1900.

The Township Committee reserves the
any or

14, if 00,

OP TACOMA, Washington,

Company, Newark, N. J.
The Bonds will be numbered from 1 to 50, inclusive, and will be payable on January Slst, 1930.
Proposals must be accompanied by certified check,

on Monday, February

TACOMA

OF

FUNDING BONDS OF

J.,

Sealed proposals will be received by the Township
Committee of Bloomfield up to 8 P. M, on Monday,
February 5, 1900, for all or any part of an issue of
$50,000 Sewer Bonds.
The bonds will be coupon Bonds for $1,000 each,
dated February 1, 1900, and will bear interest from
tbat date at the rate of four per cent per annum,
payable semi-annually, February first and August
first.
Both principal and interest payable in lawful

reject

Rogers,.

A

SEWER BONDS.

Street,

4-125%

Noblesville, Iiid. Boni Offering. Proposals will be received until 12 M. Feb. 8 for .|20,0u0 4% 10-20-year (optional)
school- house bonds. Securities are in denomination of $500,
dated Jan. 1, 1900. Interest will be payable semi-annually
certified
at the Indiana National Bank, Indianapolis.
check or draft for $500 will be required with each proposal.
C. M, Swain is City Treasurer.
North Baltimore, Ohio.— Bond 0^(fiWngr.— Proposals will
be received until 12 M. Feb. 5 by E. S. Anderson, Village
Clerk, for $1,000 5% street-improvement bonds. Securities
are in denomination of $200. Interest will be payable March
1 and Sept. 1, and tbe principal will mature $200 each six

Essex County, N.

Bonds

)60,000due Aug. 15,>
15u,000due Aug. 27,

was received by telegram from

J^o0,000
Township of Bloomfield CITY

money

745!6

4-00%

$80C,oof ©4-45%

Tolman, Boston.

NJENAMLOANS.

SCHOOL BONDS.
Sealed proposals will be received by the Board of
Trustees of School District No. 7 (Central Union) in
the County of Essex, Bloomfield, New Jersey, up to
8 P. M. on Tuesday, February 13, 1900, for all or any
part of an issue of $50,000 school bonds.
The bonds will be coupon bonds for 11,000 each,
dated Januiiry 15, 1900, and will bear interest from
that date at the rate of four per cent per annum,
payable semi-annually, January 15th and July 15th
Bota principal and interest payable in lawful money
at the Bloomfield National Bank, Bloomfield, N. J.
The bonds will be numbered from 140 to 189, i Delusive, and will be payable as follows
One bond shall become payable on January 15,
1905, and one bond each year thereafter up to and
Including January 15, 1926.
Seven bonds shall become payable January 15,
1927 seven bonds shall berome payable January 15,
1928 seven bonds shall become payable January 15,
1929 seven bonds shall become payable January 15.

@
®

\

Dungcomb'& Jennif on. New York

1940.... ©109-225

due in ) 940. ...
due in i«19...
.3,918,483 90, due in 1940.
5
Kuhn i^oeo&co.,
Loeb A Co New York
nunn,
Kork
l,66u,000 Ou, due in 1919....
j
Clinton N. Field &Co., New York
300,000 00, due iu 1940....
300,000 00. due in 1 940. ...
KnickerbopkPr
Trusf
Co
New
York
i
J4.nicKerD0CKer irust I.O.,
YorK.. ^^.^ aOO,000 oo,
due in 1919...
1,650,0C0('0, duein 1940...
f
or 1.65(1,000 00, due in 1919....
1,650,(00 00, due in 11*40. ...
Or 1,650,000 0, Cue in 1919...
R
I. L»ay
DftvArOo
K. L,.
vork
& CO., New York
S
2.COO,O0OtO, due in 1940...
or any of lfii9
268.4P3 9iJ, due in 1940.
lor any due in 1919
200,000 0\ due in 1940..,.
Franklin Trimt
Co Rronklvn
$
franklin
irustuo.,
Brooklyn
200,000 00, due in 1919.,.,
^ ^j.
1(0,000 00, due in 1919....
Newburgh Savings Ba^ik
1,000,000 00, due in 194u....
People's Trust Co., Brooklyn
1.00'>.000 00, due in 1940
N<»w York
Sonirifv &,
* Trust
J
New
Yorkbecunty
Irust Co
I,6f0,0oo00, due in 1919....
j
Wells
wens, Herrick
tierricK & Hicks
iiicKs,

Harvey Fisk &Sons. New York

0®

1100,000 due July in,

C

JOHNSON,
Township Clerk.
Austin. Jan.

M.
16, 1900.

Notice is hereby given that all Harrison County,
Texas, Comrromise Riilroad Subsidy bonds will be
paid on presentation at the Treasury of the State
of Texas.
Interest will cease after April 11, 1900, on allbonds
not previously called.
R. W. FINLEY, Comptroller.

S.

SWAIN,

Austin, Tex.,

FINANCIAL BROKER.

BOND CALL.
DICKENS COUNTY, TEXAS.
This County calls for payment at the First National Bank, Austin, 12,000 6% Court -House Bonds,
now subject to call. Interest ceased on Jan. 25, 1900.,

— ——

—

THE CHKONICLE.

194

Securities mature |5,0(i0 on Jan. 15, 1915, and |4,000 yearly
thereafter. For fall description of bonds see Chronicle

Jan.

6, p. 47.

Okanogan County (Wash.) School District No. 26.— No

No bids were received on Jan. 11 for the
$650 5-10-year (optional) bonds advertised for sale on that day.
Bids Btceived.-

[Vol.

LXX.

(III.) School District No. 2.— Bond Sale.-The
school bonds advertised for sale on Jan. 22 have
been awarded to N. W. Harris & Co., Chicago, at 10262.
Interest on these bonds will be payable April 1 and October
1 and the principal will mature $2,000 yearly, beginning

Pontiac

$18,000

4:%

July

1907.

1.

Port Gibson, Miss.- Bond Sale.— On Jan. 15 the $7,500 6%
Orland School District, GHen County, Cal.— Bond Sale.—
The $1,300 6% 1-7-year (Serial; bonds, no bids for which were funding bonds were awarded to W. C. Guthrie at 106-13.
received at the advertised hour of sale on Dec. 4, 1899, were Following are the bids
afterwards awarded to the Bank of Tehama at a premium W.C.Guthrie
$7,800 00
$7,060 00 Duke M. Farson, Chicago
:

1

Seasongood

Of $10.

—

Oshkosb, Wis.— Bond Sale. On Jan. 10 an issue of $36,000 4% school bonds were awarded to the South Side Exchange Bank of Oshkosh at 108'43.
Paterson, N. J —Bond Sale.— On Jan. 24 the $32,000 i% 10year renewal bonds were awarded to Estabrook & Co., Boston, at 105*85— an interest basis of about 3-81jg. A full list
of the bidders will be given next week. For description of
bonds see Chronicle Jan. 20, p. 142.
Perth Amboy, N. J. Bonds Authorized. At a meeting of
the Board of Aldermen held Jan. 15 the issuance of $6,520 48
i% 20-year bonds to meet judgment obtained by Ira R. Grouse
for expense in building a school house was authorized. This
loan was made necessary by the failure of the Middlesex
County Bank last fall, brought about by the defalcation of
its cashier, the city thereby losing its money which it had on
deposit in the bank, part of which was the proceeds of an

—

issue of school bonds.

Philadelfthia, Pa. Bonds Auihorized.—The City Councils
have authorized the issuance of the $12,000,000 bonds voted at
the November election for the improvement of the water supply. Interest on these bonds will be at a rate not exceeding
S%, payable semi-annually. Principal will mature in 30
years from date of issue.

Pittsburg, Pa.

Highest Bid.—The highest bid received

on Jan. 25, 1900, for the $7,000,000 bonds advertised for sale
on that day was that of R. L. Day & Co., New York, at
103*961 for

3% per cents.

It is stated that

the city will take

advantage of its option and retain $1,000,000 of the bonds as
an investment for the sinking fund.
Pontiac, 111.— Bonds Authorized— On J a,n. 5 the City Council authorized the issuance of $16,000 bonds for a new city hall.

& Mayer, Cincin...

ATLANTIC CITY,N. J.,
BONDS FOR SALE.

Palaski, Va.— Bond 0#eringf.— Proposals will be received
at any time for the purchase of $45,000 5% gold bonds issued
for the purpose of purchasing the water- works and for the
erection of an electric light plant. Securities are in denomination of $500, dated July 1. 1899. Interest will be payable
semi-annually at the Chase National Bank, New York City.
Principal will mature July 1, 1924.
Rensselaer County, S.Y.—Bond Sale Postponed.— "EM&a
P. Mann, County Treasurer, gives notice that the sale of the
$30,000 S}4i refunding war^bonds, bids for which were to have
been received on Jan. 80, has been postponed until some later
date. The reason given for the postponement is that the
bonds must be countersigned by the Cta airman of the Board
of Supervisors and the Chairman of the Finance Committee,
which cannot be done until after the board organizes, which
will not likely occur until the third Tuesday in March.
Rosswell, N. Mex. Bond Offering. Proposals will be received until 12 M. March 1 by B. F. Hammett, Jr., Town
Clerk, for $30,000 4% 20-30-year sewer and street-improve-

—

INVESTMENTS.

Municipal Bonds DENISON,

BOUGHT AND

SOLD.

APPRAISKMBNTS MADE OR QUOTATIONS
FOR THE PURCHASE, SALE OR
DATED JANUARY FURNISHED
EXCHANGE OF ABOVE SECURITIES.
1, 15)00, MATURING JANUARY 1, 1920. without
option, free from tax, with interest at 4J^ per cent,
L.IST8 ON APPLICATION.
payable semi-annually at the HANOVER NATIONAL BANK, NKW YORK, until noon of MONDAY, FEBRUARY 12, 1900.
N.
CO.,
The City of Atlantic City will receive sealed cro
posals for $16,000 GOLD COUPUN CITY BONDS,
in denominations of *1,00
,

Every bidder, as a prec(>dent to the reception or
consideration of hts proposal, must deposit with the
Comptrolltr §500 in money or a certified check for
$500, drawn lo the order of said Comptroller, upon a
National Bank.

BA NKER8,
31

NASSAU

of County ten years after date. All bids to be in
writing, and to be on file with the County Auditor
on or before the 15th day of February, 1900.
The Board reserves the right to reject any or all
bids,

Byorderof the Board of County Commissioners,
Custer County, South Dakota.

W.

A. SMITH,
County Auditor, Custer, So. Dak.

Blodget, Merritt

&

BANKERS

&

CO.,
NEW YORK.

CINCINNATI, OHIO,
36

EAST THIRD

ST.

1

NASSAU

ST.

LISTS MAILED ON APPLICATION.

Leach &
NEW

CBICAGO,

We

St.

35 Nassau

aecured by First
on the properties of

offer bontls

Co.,
YORK,

15

§^.

WALL STREET! NEW YORK.

5s.

NEW

YORK. PHILADELPHIA.

-

NASSAU STREET.
FOURTH ST.

1
112 SO.

and

ROLLINS & SONS,

19 MIl.K STREET, BOSTON.

Co.,

RAILROAD

SECURITIES.
71

BROADWAY

-

ftlortarRse

Prices and particulars on application.

E. H.

MUNICIPAL

&

NEW YORK.

St.

GOODE

from 4 to

Go.

PKICE ON APPLICATION.
EDW. C. JONES & CO.,

SAVINGS BANK AND TRUST Charles Whann
FUmDS.
DEAI.ERS IN

.

Melting:

Hudson County &as

SUITABLE FOR

Bell
Telephone
STATE CITY & RAILROAD B0N1)> American
Licensee Companies.
C. R.
&CO.

WARRANTS

$100,000

PTJBLIO SEOUEITIES

13 Wall Street, New York.

HlCifl-GRADE

LISTS.

121 Euclid Avenue, CleTeland.

PRICE AND DESCRIPTIVE CIRCULAR UPON
APPLICATION.

100 Dearborn

Congress Street, Boston.

Bonds.

35 Congress Street, Boston.

REFUNDING BONDS.

Farson,
Co.,

Grade
SEND FOR

FOET WAYNE, INDIANA,
BRIGGS, TODD

Notice is hereby given that the Board of County
Commissioners of Custer County, South Dakota,
win receive bids for the sale of $26,569 of the bonds
of said county, at the adjourned meeting of said
board, Thursday, February 15th, 1900. Said bonds
to be payable twenty years from date, or at option

PRIOR&CO.

SI7I,000

BONDS.

16

ST. (Bank of Commerce Bide)

NE W LO AISL

3K^

Custer County, So. Dak.,

High

W. HARRIS &

THE LEGALITY OF THESE BONDS HAS BEEN
APPROVED BY DILLON & HUBBARD of New

York, whose certificate as to legality will accompany
the bonds.
Full particulars and blank form of proposal will be
mailed on application to
A.M. HESTON,
Comptroller, Atlantic City, N. J.

|

For description of bonds see Chronicle Jan. 6, p. 47.
Port UnroD, Mich.— Bonds Fo^ed.— At the election held
on Jan. 16 the issuance of $75,000 canal bonds was authorized
by a vote of 511 to 379. It will be some time before these
bonds can be iesued, as a commission will have to be appointed to look into the feasibility of the project, after which
the Board of Estimates andj^the Common Council must pass
on the bond question.
Portland, Ore.—fiond Sale.— On Jan. 20 the $25,000 6^ 10year gold improvement bonds were awarded to A. G. Klosterman of Portland at 110—an interest basis of about 4'li}4%.
For full description of bonds see Chronicle Jan. 13, p. 95.

INVESTMENTS.
Government and

NJ|Vyj_OANS.

•

H,007 00

Perry, Coffin

&

Burr,

INVESTMENT BONDS,
60 state Street,

BOSTON.

—
January

—— —

THE CHRONICLE.

27, 1900.]

will represent the only debt of the town. The
assessed valuation is $1,013,074.
Springlield, Mass. Loan Awarded On Jan. 26 the $300,000 temporary loan was awarded to George Mixter, Boston,
at 3 441^^.
Starkville, Miss.— Bond Sale.— On Jan. 23 the $33,500 5%
5-20- V ear water-works bonds were awarded to Duke M. FarFor description of b«nds see Chronson, Chicago, at 100 11.
icle Jan. 13, p. 96.
Syracuse (Neb.) School District No. 21.— Bonds Not Yet
are advised that the $10,000 i}4% refunding bonds
Sold.—
mentioned in the Chronicle on Dec. 30, 1899, have not yet
been sold. The district expects to dispose of these bonds at
private sale and an offer of par less $100 commission has
already been made for the same.
Tacoma, Wash. Bonds Certified as to Oenuineness.— It is
proper to state that the $1,200,000 gold bonds, bids for which
will be received until Feb. 14, will be certified as to genuineness by the United States Mortgage & Trust Co., New York
City. The terms of the bond offering and a description of
the bonds were given in last week's Chronicle.

Securities are in denomination of $100, dated
Interest will be payable semi-annually. A
certified check for $600, payable to H. L. Gill, Town Treasurer, will be required. Securities were authorized by an
Act of the State Legislature passed in lb99. The official circular states that the town has never been in default in the
payment of its bonds or interest, and that there is no litigation affecting these securities. The bonded debt, including
these bonds, is $31,600. The assessed valuation is $429,288

April 1,1900.

—

and the real value about $1, 500,000. The population is estimated at 3,000.
Sua Pedro School District, Los Angeles County, Cal.—
Bonds Voted.— The election held on Dec. 30, 1899, to vote on
the issuance of $13,500 6^ 1-10-year (serial) bonds resulted in

We

favor of the bonds.
Saranac, Mich.— i5ond Ehction Not Htld.-

On account of
an irregularity in the call for the election, a vote was not
taken on Dec. 18, 1899, to authorize the issuance of bonds for
water works.
Sarnia, Ont. Bond O^erinsr.— Proposals will be received
until 6 p. M. Feb. 9 by Jas. E. Barril, Town Treasurer, for
$10,000 4% l-20-.\ear (serial)

and $3,972 66 4^ 1-10-year

Taylor (Pa.) School District.— Bond Election.— At the
spring election, Feb. 20, the question of issuing $20,000 5%
school-house bonds will be voted upon.
Tecumseli. Neh. Bids Rfjected. All bids received on Jan.
15 for the $5,000 A]/i% refunding city-hall bonds and $4,400^

debentures dated Dec. 31. 1899,
debentures dated Jan. 1.

(serial)

—

—

Bonds Authorized. This town has voted to issue $25,000
bonds for a trunk sewer. Full description of securities has
not yet been determined by the Town Council.
Schenectady, N. Y.—Bonds Proposed.—The State Legislature has under consideration a bill providing for the issuance of $160,000 sewer bonds.
5- 14- year (serial) fireBond Sale —On Jan. 25 the $10,000
loan bonds were awarded to Allen, Sand & Co., New York,
at 106'031— an interest basis of about 3-26^. A full list of the
bidders will be given next week. For description of bonds

bonds were rejected. For
Chronicle Dec. 30, p. 1359.
Thurston County, Wash.— Bonds Proposed.— The County
Court is considering the question of refunding the bonded
indebtedness of the county, amounting to $225,009, and of

4M% reminding

funding the floating indebtedness of about $180,000.
Toronto, Jefferson County, Ohio.— Bond Sale.— On Jan.
18 the $16,000 4% 20-year refunding water bonds were awarded
to Seasongood & Mayer, Cincinnati, at 105'62 an interest
basis of about 3'60^. Following are the bids
Seasongood & Mayer, Cincin. $16,900 00 Clinton N. Field & Co.. N. ¥..$16,584 00
1K,856 CO S. Kulin & Sons, Cincinnati.. 16,563 20
Feder, Hoizman & Co., Gin.
16,77it CO W. J. Hayes & Sons. Cleve.... ]6,t00 00
R. Klevbolte &, Co., Cincin.
Lamorecht Bros. CcCleve.. 1«,"20 00 New First Nat. Bank, Colum. 16,425 25.
Briggs, Todd & Co., Cincin.
16.680 00 Atlas Nat. Bank, Cincinnati.. 16,355 00
For description of bonds see Chronicle January 6, 1900,

—

Chronicle Jan. 20, p. 142.
Schnyler (Town), Herkimer County, N. Y.—Bond Oj^ering.— Proposals will be received until 2 p. m. Jan. 39 by S. M.
see

Davis, Town Supervisor, at the National Bank of Frankfort,
for $6,000 i% bonds. Securities are in denomination of $500,
dated Feb. 1, 1900. Interest will be payable annually on
Feb. 1 at the National Bank of Frankfort. Principal will
mature $500 yearly on Feb. 1 from 1901 to 1913, ioclusive.

CORDAGE
M

BANKERS,
Dealers in High-Grade

Investment Securities,

S

J

«

A X AU

S N , N
^ D J
A
I^

_ SPECIALTIES.
DT

Specialty of

L

A

£

Western Municipal Bonds. THE AMERICAN
MANUFACTURING
20 NASSAU STREET, NEW TORE.

COMPANY,

Spitzer Building. Toledo. Ohio.

Bros.

6S WAJjIi STREET,

Co.,

MUNICIPAL
AND OTHER HIGH-GRADC!
EASTERN BRANCH:

New
A 11
and

Yorlt City,
securities

-

-

NEW

52 Broadway.

Securities Netting: from

DUKE

FARSON.

M.

ilanlolpal Bond*.

I$it4

Municipal Bonds,
171

la salle street^

121

STANWOOD &

John

BOSTON.
Devitt,

&

Co.,

MUNICIPAL BONDS.
First National

Bank

Office,

52 Broadway.

ADAMS & COMPANY
BANKERS^

Members

of Boston Stock Bxobange.

No. 7 Congrress and 31 State Streets,

Banker.

&

Co.,

l8t

National

Bank

Bnildingr, Cliieago.

Correspondence

solicited.

Reference, First National Bank, Chicago.

BOSTON.

MASON, LEWIS &

Sb

CO.,

BANKERS
BOSTON,

CHICAGO,
Monadnock Bulldlns.

MUNICIPAL
RAILROAD
CORPORATION

60 DeTonshIre St.

_

_

-'^^'-'^"
BONDS-

Choice lasnes.

MacDonald

Street Railway and Gas Companies.

NiVER Co.

I.IST

ON APPLICATION.

MUNICIPAL BONDS,
Nat,

Bank

$41,000,000

A.R.Macfarlane&Co.
CHir.Awii

Bldjr.
in

Dividends paid out on

UTAH MINING STOCKS.
Weekly Market Report on

application.

Building,
P. J.

CONWAY & CO.

Investment Bankers,

BANKERS AND ItROKERS,

DULUTH,

MINN.

[Members American Bankers'

Ass'n.]

DEALERS IN

Quotation'*

Commercial Paper, Mortgagre Loans,
Local Stocks and Real Estate.

Salt
»^a^« Citv
Uiatt,
°*^' Lake
^^^7 Dtah

Act as agents for non-residert property owners and

by wird or mail,

CHICAGO.

New York

INVESTMENT BANKERS,

lf»t

Tremble

Nuveen

Co.,

BANKERS,
Devonshire Street,

CHICAGO.

MUNICI PAL BONDSr

MUNICIPAL BONDS.
E. C.

to 62

trowbridge,

CHIOACO.

238-240 La Salle Street,

CHICAGO.

CO.,

R.FULTON & CO.,

INVESTMENT SECURITIES.

Dearborn Hrreai

Members New York and Chicago Stock Bxchanges.

F.

3^

ALWAYS ON HAND.

having a Cleveland market bought
6c

Geo. D. Cook Company,

MUNICIPAL BONDS. INVESTMENT BONDS,

sold.

liAMPRECHT BROTHERS

.

TORK.

Bend for our Investment Clronlar,

197 Superior Street.

•

.

.

DBAIiBRS IN

BONDS.
Cleveland, Ohio,

.

.

p. 48.

TRANSMISSION ROPE.

1871.1

The Lamprecht

.

mVESTMENTS^

INVESTMENTS.
SPITZER & CO.,

Making a

electric-light-plant

description of bonds see

H

[Established

195

The above

ment bonds.

1900.

:

investors.

——

—

:

—

—

—

THE CHRONICLE.

196

[Vol.

LXX.

Troup County, Ga. Bond Election.— The election to vote whether to re-advertise these bonds for sale or to dispose of
on the question of issuing the $50,000 refunding and court- them at private sale.
house bonds mentioned in the Chronicle Dec. 30, 1899, will
Winchester, Y a,.— Bonds Authorized by House of Delegates.
be held on March 6, 19C0.
— The House of the State Legislature has passed a bill
Troy, N. Y,— Bonds Authorized.— The Common Council authorizing this city to issue bonds.
has authorized the issuance of $15,700 ^14% market bonds. SeWiuton Place, Ohio.— Bond Election.— An election will
curities will be in denomination of $1,000, except one, which
be held on Feb. 6 to vote on the question of issuing $55,000
will be for $1,700. They will be dated February 15, 1900; sewer bonds.
interest will be payable semi-annually and the principal
Woburn, Mass —Loan Authorized. The City Council has
will mature $1,700 on Feb. 15, 1903, and $2,000 yearly there- authorized a loan of $120,000 in anticipation of the collection
after on Feb. 15 from 1903 to 1909, inclusive.
of taxes.
5-20Tupelo, Miss.—Bond Sale.— On Jan. 15 the $15,000
Bonds Proposed. The City Council has under considerayear (optional) electric-light bonds were awarded to the tion an order providing for a long time loan of $100,000 for
First National Bank of Tupelo at 103'17— an interest basis of street improvements.
about 527^. For description of bonds see Chronicle Jan.
Wood County, W. Ya.— Bond Election.— It is stated that
13, p. 96.
an election will be held in this county to vote on the quesUiutah County, Utah. Bond O^ermsr.— Proposals will be tion of issuing bonds for road improvements.
received until March 7 for the $16,000 b% court-house bonds
Woodstock, Va. Bonds Authorized by House. The House
voted last fall. Securities will mature Jan. 2, 1920, subject of Delegates has authorized this town to issue water-works

—

—

H

—

to call after Jan.

3, 1910.

Vicksburg, Miss.— Bonds Proposeci.

bonds.

—This city

Waco, Texas.— Bonds Approved.

—The

borrow $800,000

in anticipation of the collection of taxes.

Yonkers, N. Y.—Bond Hale.— On Jan. 24 the $80,000 3%%
3-year redemption bonds were awarded to Geo. M. Hahn,
New York, at 100-55, and the $7,500 S^% 1-year assessment bonds to the People's Savings Bank of Yonkers

Attorney-Q-eneral

has approved an issue of $49,0C0 funding bonds of this city.
Warwick County, Va. Bonds Authorized by House, The
issuance of bonds has been authorized by a bill recently
passed by the House of the State Legislature.
Washington County, Ohio. Bond Sale.— On Jan. 24 the
$125,000 4:% court-house and jail bonds were awarded to the
New First National Bank of Columbus at 105 685, For description of bonds see Chronicle Jan. 6, p. 4S.
Watertown, Mass.— Bond Sale.— Oa Jan. 25 $8,500 4$i
conpon notes were awarded to Jose, Parker & Co., Boston,
at 107*045— an interest basis of about 8-17^. A full list of
bidders will be given next week.
White Cloud, Mich. Bonds Voted. At an election held on
Dec. 21, 1899, the issuance of $4,500 electric light bonds was
authorized. These bonds were awarded on June 8, 1899, to
W. J. Hayes & Sons, Cleveland, but were not taken by that
firm, as an error was discovered in the former election, which
was held on May 15, 1899 It has not yet been decided

—

at ICO -51.

Yonkers (N. Y.) School District. Bond Sale.— On Jan.
24 $25,000 d}/^% registered school bonds were awarded to

&

Rudolph Kleybolte
Co., New York, at 102'012. Following are the bids
R. Kleybolte 4 Co., New York. .If 2-012 N. W. Harris & Co., New York. .101-07
101-57
Denison. Prior & Co.. Cleve... .101-012
Jno. D. Eferitt & Co., N. Y
101-13
100-848
Geo. M. Halin, New York
W. J. Hayes & Sons, Cleve
:

.

1

|

I

People's Sav. B'k of Yonkers... 101-102

I

Securities are in denomination of $5,000, dated Dec. 1,
1899.
Interest will be payable April 1 and Oct. 1, and the
principal will mature $10,000 April 1, 1908; $10,000 Aprill,
1909, and $5,000 April I, 1910.
York, Fa. Bond Election. At the February election the
question of issuing $350,000 sewer and city hall bonds will

—

MISCELLANEOUS.

—

Worcester, Mass.— Loan Authorized. On Jan. 15 the City
Council passed an order authorizing the City Treasurer to

seeks legislative authority to issue $150,000 5^ 40-year sewer, $150,000
5% 40 year water and $50,000 5% 40 year city-hall bonds.

—

be voted upon.

BANKS^

MISCELLANEOUS.

NATIONAL BANK
MILWAUKEE.

1900.
FIRST
OF
United States Life

1850.

The Audit Company The
OF NEW YORK,
Equitable Building,
Acting President,

AUGUST BELMONT.

120

Broadway

Vice-President,
WILLIAM A. NASH,

Insurance Co.
THE CITY OF NEW YORK.
//V
OFFICERS:
George H Burford, President.

CAPITAL.,

91,000,000

SURPLUS,

$'.250,000

Transacts a General Bankinsr and Foreign Exchange
Business. Collections receive Special Attention.

OFFICERS
F.

Wm. Bigblow,
F. E.

Geo. G. Williams, Vice-Pres.
Manager,
Secretary and Treasurer,
C. P. Fraleigh, 2d Vice-Pres
THOMAS li. GREENE, EDWAKD T. PERINE.
Rich'd E. Cochran, 3d Vice-Pres.
Consulting Engineers,

Kenway, Asst. Secretary.
Wm, T Standen, Actuary
Arthur C. Perry, Cashier.

J. L.

DIRECTORS
August Belmont,

John

A. J. Cassatt.
Charles R. Flint,
George Coppell
G. B. M. Harvey.
John I. Waterbury,

Stlllman,

William A. Nash,
Joseph S. Auerbach,
George G. Haven,
Marcellus Hartley,

George W. Young.

P.

The
OF

Isaac N. Seligman,
Louis Fitzgerald,

Geo. G. Williams, Prvs. Chem. Nat. Bank
J. Tucker,
Builder
E. H. Perkins, Jr,, pr.imp.aTrad Nat.Bh
James R. Plum, Leather

John

3d Vice-President, atthe

Chapman,

E. R.

Home

Company

of Philadelphia.
St.,

Pald-Up Capital,

General Banking Business.

Accounts Solicited.
Commercial and Travelers' Credits issued, availa-

Canal Bank,
NEW ORLEANS, liA.

This Company undertakes

& Banking Co.)
CAPITAL,, $1,000,000.

(Successor of N. O. Canal

MORRIS,

the negotiation and

of

TOBY,

Vice-President.

EDGAR NOTT, Cashier.

— National

Commerce, New York

City Bank, National
;

TUB
United

Grovernment

States

Whiting Papers.

uses the

Railroads,

where.

So do the
Insurance

Banks,

If

you are not using Whiting's

Linen Ledgers in your

eminent
a

office

WE

DEAL. IN

SOUTHERN AND WESTERN
securities.

ROSENBERGER & LITEIIMORE,
(Specialists in Texas Investments),
KORTY WAL.L. STKBliT, NEW YORK.

SECURE BANK VAULTS.

write us for

oculists.

We

will send

you

St.,

New

Flat Bars and 5-pIy Plates and Angle*
&c.
drilled, and positively
Burglar Proof.

FOU SAFES, VAULTS,

Cannot be Sawed, Cut, or

CHROME

Holyoke, Mass..

Duane

GENUINE

WELDED CHROME STEEL AND IRON
aound and

sub.iect free.

WHITING PAPER COMPANY
150

;

For account books they are

pamphlet on the

ANi>

Boatmen's Bank, St.
Merchants

Louis
N. W. National Bank, Chicago
National Bank, Boston.
;

vances upon approved Corporate, Personal or Real
Estate cecurity.
Under its charter rights it will act as Trustee,
Agent or Manager for the control of corporations
or for the construction of public or private works.

President.

EDWARD

Pliiladclpliia. unequaled.
They are made in tints
$800,000
especially recommended for the eyes by

Issue of loans and capital of Companies on the New
fork or Philadelphia Market and will make ad-

JAS. K. Lynch, Cashier.
J. K. MoFFiTT, Asst.Cash.

ble in all parts of the world.

Correspondents

samples.

310 Chestnut

Surplus, $1,000,000

I

G.

J. C.

Companies and Mercantile Houses every-

Investment

FRANCISCO,

Mhrphy, President.
JAMES MoFFiTT, V.-Pres.
S.

Bank

leading

The

National Bank

First
SAIV

Capital, $1,500,000

Broadway, N. Y.

Office, 261

Charles T. Barney.

The Audit Company examines and reports on the
accounts and financial condition of corporations,
copartnerships, and individuals, and examines and
reports upon the physical condition of railroad, manufacturing and other properties.
Its services are of value to investors, financial in
titutlons, borrowers of money, directors of corporations, merchants, firms, and purchasers of properties

Cashier

CAL,.
united states DEPOSITARY.

Munn, Medical Director.

FINANCE COMMITTEE:

Gustav. E. Kissel,

J ullliard,

Kruegek, 2d Ass't

San Francisco.

ADVISORY COMMITTEE OF STOCKHOLDERS. Active and successful Agents wishing to
W. Bayard Cutting
T. Jefferson Coolidge, Jr.,
represent this Company may comWalter G. Oakman.
Charles S. Fairchild,
municatewith Richard E.Cochran,

A. D.

F. J. Kipp, Cashier.
V.-Prest. T. E. Camp, Ass't Cashier.

A. Wheelwright, Secretary.

WM. BARCLAY PARSONS
F. S. PEARSON
FORD, BACON & DAVIS.

James

:

G. BiGELOW, Pres't.

York

WORKS,
Sta.,
BROOKLYN. N.

STEEL.

Kent Ave. Keap and Hooper

oleMau'fersintheU.

S.

>.