Full text of Commercial and Financial Chronicle : January 7, 1899, Vol. 68, No. 1750

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7QL. 68.

SATURDAY, JANUARY 7, 1899.

' C L E A R IN G H OUSE RETURNS.
For the m o n th o f D ecem ber th e clea rin gs are the heaviest
on re co rd fo r an y m on th . A ll b u t nineteen o f th e cities
in clu d ed in on r statem ent sh ow gain s o v e r the corresp on d­
in g m on th o f 1897, and in th e a g g reg a te fo r the w h ole conntry th e excess reaches 23-4 p er cen t. F o r th e tw elv e m on th s
th e increase over the sam e period o f a y ea r a g o is 20-3 p. c.
T kkI v Month*,
*

D ecem ber.

1898.

1697.

P.Cl.

18*8.

1897.

P .C l•

«
t
1
f
4.562.357,50 3.586.361.952 *29-7 41,971.782.437 33,427.027.471 +25*6
*
389.8 8.Z23] 32-VXM.O’ O + l»'« 3.C71.«7d^iH 3,222.800,0 V *-13‘9
019.037.027 4-19*0
91, 95,017- 74,190.613 t-22 V
97>,4H.815
9:^).05.%lr9
7y5.f8i.303 +1ST
46,323.1-031 73.tf74.602 1 38*2
20.57% #52 —2-7
211.697,804 +2T
Sltf.l2*.ft8tf
2 ,< 17.45V
66,055,901 0-5*2
100.113.436
9.103,3 7« +\r*
10.391.29 H
00,001,7*7 +14*2
0.W2.7rt7'
91,6-9,117
&05 4.5*9 + 7*5
-3*2
50,470.038 0-13*3
67,202,"!*
#.*08.003!
*♦>*4.932 -*-5*2
4d.8»7,3tfl
5,412,617
4.395.700!
35.720,012 0-6*0
i
3.321.335
3,ltf>.e0t >6*1
S6.151,3 >
4
1.5-4.1O
iV
10,091.50J 4-0*0
IA43.«*XJ -f4‘0
B-riiihaoitnn... 1
Total Middle t>JS86£97tW3 + U£,5l£/J7V +38*3
557,219.100'

407 819,40,*

673.3 lV.330

Boston ....... .!
Providence.,..

477.-170,
.332
1.00c
td»,71i.
80.332.
31,02-.
26.912,
1.4-0
»M hI,
I.SH
11.124.1 ,

Vi>jj
U/.H7JSH
Hartford
...] 10>K>,7&A
7rB4?,*Sih
•9318.68^
New H aven.,,
ajaw.iMJ
lt« 421
'ortniftlcl/i. ...|
7,117,120
Worcester_ J
_
6»t37,m
Port land....... J
«M T -t
4.316,50-4
Fall ; River*,...!
3, 28.335
8,015,1*6
Lowell- .........
2,15+7*6
New Be+ford.j __ l t-33,57o
Total N. Bn# 033,477,M l 637J537T737
Cbicaao,
Cincinnati..,..
D efrolt..........

6d.76K ;
,0dO

31*008,?***]
3, . -77.-7-!
3*.'49,1 <2

fffrreland..... .
MilwaalfOQ.....

Colutnbm .. ...
IiMliauapolLs..

l i , £21,873!

Pc >rla!..........

Toledo......... .J
Grand Rapid*.

Daytott...... " 1
Lexington..,,..a
Kalamazoo,.

Rockford........
O n io n .... ...
Tot. M. West0 alt

r,afce city.
I orftand. ...

Seattle

......

Sioux Fall*_
_
Total PuKiifl*;

7.U3.01H
4.707^tiw

8 * * *091
.1 3 *
1.928,-53 1.471,1^31

grtrofl. ... ...
Total South'
Outside N . Y.
T
Montreal....... -

St John ........
ToA Cana/Ja

*3,379,5791
3 -.6 1 :i6 S '/i

20,002,4 S
*i|

16,110,-380
10

710.709,144
St3,i6C02l
77,362.6 >
1
87,813, >60
7 4,29‘ ,764
ya.722 .6 is
01,5 8 016
7o.9o7,727
43.126,143
28,921,480
36.015 22r 8, •
43.nl6
ft.022.16-5
38,215,644
46,000.64*
6„4i7.P»H
) 1,V09.’>66
6.716,3 *1
2,tl0.r»5
O.C89.309
8.092.UO7
5MJ.70 •
116,726,177 10V.16V.421 T0*v l,248,S3J,22a 1,077,585,801

+8-a
+13 5
-20 l
+ 17*7
+4U1

40.921.757 -F3*5
h 1.913,481 —3‘9
+32*
■ *5
+ *1
il.lb M f'fi
+1 1
*^
A 410.70* +00*?
$,30S.SCO -+0*V
8.1PJ.432 +3 i'l
+—
3*9
l.w i. Jl55 +-4*7
2.576.073 4-0-4

540.837.381 +8*2
5+5,234.638
414,537.016+11*0
4nO. 222.672
243.38 .793 +31*3
819^01,521
197.712,2 id + H 8
221,195.752
1 1,355.340
124 414.315 r'iVi
30.07W.729 +23 J
S7.lo2.li5
121.170,677
66.527 832 +80*6
51.7lt',>9? +17*9
6',»75,444
41.601.179
31,547,40 +31 9
10.872,224 +7 4
18.114.334
23,008.618
20,609,576 +10*7
23.297,072 +20 9
as i n . s is
5,612,850
3,980. i3 i +41*0
4,7 49.91c + 18*9
5.614.198
2.O01.79O.el8 1,770,333.08/ +17*0

2.007.195

Birmingham...
K n oxville. . . . .
E itb eR '.ck .. .

#,**38,SU5 —1*5

S.3t$tf.92tf +lt*$;
l, 7M 5 ,7ti! r l 3' 3 ,
..ir
L»7«-W i | +7+
3
+*tf*~

*09.280 *00!
130,192.058!
86.022 *20
94,79A
«>Jil;

7L119.751 Y-P3
7,7‘V 71i7 4-36*5
£(
0'P
9.i-'K70r< —
tf,00*,Q 1 -r 18*0
3,6 5,r56 —i»T2
5,001,7#$ +-19 u
1
3.60.4-0
1.833.016 -feo v

74.0SO.71S
10,515.332
M00p..e58
v
73*7.963

1O,<59,O30

Norfolk ........
Fort W orth...

H,337.

r 19
^l^•7
+20 8
+20*7
+ i #*
*»

34. Paul. . ..

A t l - n t a ..........

340,800,3#+

389,279,737
2M ,«80.M 8i]

lO,104tSdl2
10,6d/,rt68
1.004,73.0 —9*tf
11,112,693
11,293,190
970.10:1 +-Vi
« 4U5+77
-S S '5
-J W
[0,1/5,175
8,010.4810.U34.7 U
»
-f27'.0
+ n -^ 7,07v,00+.aj:* 0,699,vt»H.y4»

’980.206
1.* 4 /, 61
1,040,3*6
1.1,07 015
787,207.520

*0.573,301
49.911.6* 6

H astings.......
Tol. oth’ r W

6,517,335.470!
046, 161, 33+
,

+71*1
-ft 1*9
r io h

497.200
180.660,707 + r 7
62.062 1.366.703.958 + 6*6
HOMS6.710 132.lit*,053 + 62 1,4
435,723.020
4i6.978.1W^
0
59.7^*328 —1 **1
23.19* ,9 6 +5'4
347,303.736
321.611,236 +8*0
30,773,391
l74,rCy,Hji)
143,634,050 + il*i
17.25 i.600 +6*7
1 J.C91.< *:d 4-20*6
5
15 > / 5,075
,4
130,175.191 + 12*7
129.165,051
128.3-6.88 +0*6
14.193.869 + 2 6
133.618,376
116,338,731 +11*9
11,381.090; +16'4
13 253,034
109,774,365
95,305.0 H 1-15*1
11.750,03- +1*1
71.901.809
72.ij05.WZ +0 04
8,425.537 —7*3
55,129.599 - 3*7
57,171,411
6,207,271 +0T
6,2*8.24*
5u,9 >1,448
4«./>i.S(3I + 9 6
5.5-43.9-^f
4.349.732 +37*5
36.3 30.495 +19 8
13.302.8-1
3,075.694 r3 *
4.0*j5,913
3M.36-,245
42,021,506 -8*7
.4,547.562 —20*3
3,024,613
)Hl 'f.,»71
23 777,899
20.907.19 1 + 13*7
2.201,302 + 11*7
k6.010,585
23.731.-341 +18 0
i,0SO,90i +27*5
2.397,70-0
10,336.644
1,8*9,700 •++;
30,031,592 +10 3
«1.379,695
10. V
84,712 +5*5
1.312.113
9P1.C37 4-30*1
17,525,418
H.IBO.O-’.O t'Zl'Z
1,459,307]
1,400.0^6 + 4 2
2I5..11/.OHO
30,407,006 -12-4
3.2«»jOo01
2,-13 L
,060 —7*1
O,
387. .•83.052 327.080. loo +3'2 3.326,001,733 8,021,H O718 +7 0
7,357,197301 5,969,908,920 +23*4 68.883.918.680 57.:)'2 ,s7 «s m +20*2
Z,"'>1.-69,80/ S,*ri.«0e.»8o +14*1 2tf,912,l;i6,143 21,894,016.736 +12*0
1x2,71-5
193.UM4.977

69,143,466
13.60 i. 188
5.*08,231
10.7-8,721
3.321.611
2.716.695
Y35.V43.053

56,509.495
a5.900.742
5.300.793
9.784.498
3,094,222
2.730,510
113.iVOO.20t

601,185,179 +21*6
731.266.677
437,661.064
37 J,456.867 +37-8
03,513,83? -2*5
61,912.831
84,135,812 +7-4
90.'24.325
33,850,542 +0*9
36.637,3+4
+7'H
30,109.681 +0*8
30,349,264
+0*3
MP*Z 1 3B7JVft2.1J5 Li-M.0M.K*<© +17*2

+22*4
+20*9;
-+7-«

..... t n b I , o l o U a r i n * . b j u l e t r a t u ••• p. i l i .

NO. 1750.

T h e w eek 's tota l fo r a ll cities show s a gain o f 34-7 p er ce n t
o v e r 1897.
T h e increase o v e r 1898 is 63'6 p er cen t and th e e x ­
cess ov er 1895 is 83-4 per cen t. O utside o f N ew Y o r k the in crease
com p a red w ith 1897 is 13 6 per cen t, th e gain over 1898 is
33-7 per cen t, and th e in crease ov er 1895 reach es 10'0 p. c
Week ending December 31„
1898.
1890.
-807.
1898.
1896.
P. Cent
i
J
*
+31*0 525,331,466 645,072,289
976.690.276 730,867.202
New York........... .
+32 8
80.73t.71f
S0.S5Z.4Z(
S2.67o.157
Philadelphia.........
81,548,288
19.326,042
+25’ j
15.t63.13f
12.181.487
Pittsburg— ..........
35.C6t.075
14.8 i4,361
13,863.147
+6*;
12.557,525
15,809445
B a ltim ore............
3,012,455
3,752,50*
-3*7
3 311,175
Buffalo. — v ........
3.837,924
1,719,134
+2*J
1.673.591
1.316,86'
1,829 262
Washington...........
l,034,61t
+2*3
1,597,19C
1,628.428
R ochester.............
1.830,581
+ lt
S83.30C
869,267
812.426
Syracuse............ .
1,047,360
—10*4
1,004,741
83S,80i
85S,79(
877,739
Scranton................
687.104
+147
599,844
600,312
875.077
Wilmington- . . . . . .
301 500
335,100
—10 0
269,500
Binghamton..........
386,600
Total Middle. .. 1100,332.372 839,853,28b +31*0 011,468,126 767,929,230
109,036,* 20 106.118.930
+2-4
95,872,422 103,281,249
B oston...................
5.720,200
5,l54.5ut
+5*2
5,337,80(
Providence.. . . . . . .
2,062.929
-11*1
■ 2,822,402
3.765,824
H artford.................
+24*S
1.637,847
1 .237,12 1
1,318,937
1,771.195
New Haven.........
1.307,601
—1 1 c
1,536,261
1.422.06S
1,682,984
Sprlngtleld........ .
l,4 88.r,04
1.517,69)
—IT
l,63o,00?
1,508.705
W orcester.. .........
+23T
1,401.74c
1,115,042
1,320,676
1,400.228
P o rtla n d ...............
053,117
+11*1
858,88t
1,135,111
Fall River.............
—l i t
005,604
089.121
000,425
709,680
Lowell...
4^0,143
•104,172
-7'&
630,932
478,085
New Bedford — ...
+2*4 111.653,779 '122,375,023
124,620,861 121,613,521
Total New Eng...
+24*4
120,122,200
96 504,231
72.56Q.S91
90,002,153
C hicago..................
—9+
10 410 900
11,511.450
10.22- ,85C
11.725,400
Cincinnati.............
—9*3
5, S0 7,822
5.7J6.621
4,958,001
6.230.033
D etroit..................
+11*7
6,194.72*
0.917,272
o,15t,3if:
5,903,140
Cleveland..............
4,801,762
+ 10 6
5,309.807
0,820,546
4,328,443
Milwaukee.............
+yo
3,751,006
4.037.300
3.1O0.7OC
8.054.600
Columbus. ...........
+4*2
2,245.611"
2.155.1S2
1,807.007
2,223.025
Indianapolis.
1 698,335
1,027,005
l,40«,35t
5.629 058
Peoria ..................+16 7
1.538 527
1.3i8,83C
1,252,668
1 207,581
T o le d o .....................
+9*4
800,697
886.33*
673.12C
840.221
Grand R apids......
+8 4
097,201
643.957
470,431!
043,981
D ayton ...................
+2 0
217.000
275,2*>2
270,132
3S1 914
•
^.xlngton — . . . . .
+ 12
284.-810
280,406
238.506
277,940
Kal amazoo.. . . . . . . .
+11-4
271 100
258/20C
302 .C
00
Akron....................
-2 5 0
220,702
103,49C
108,il«
192838
Bay City ...............
+57*0
101.001
254,881
152,080
101,442
R ockford......... •.. .
+ 1?'0
163,171
139,24-i
180.212
249,877
Springfield, O hio...
+o3 3
190.234
147,535
127,92^
168 685
. ..
+0*7
301,2i(J
353,814
Youngstown...........
+15*9
307,275
356.048
Springfield, HI........
744,985
Evansville*........... .
+18*3 100.849,057 130,159 216
Tot. Mid. West'n. 101,978,110 136,904,741
+5 4
15.171.627
15,997.379
12,008.338
13,440,025
San F ra n cisco......
+0 9
l.TiJi.070
1,610 801
1,951,552
1,740.271
Salt bake City........
+ 14
1,741 424
1.298,083
1.760,041
1,366,950
Portland ...... .....
+40 7
1,3:55,526
949 246
765 392
1.143 202
Los A n g e le * ....—
+20*4
400,000
5 -5,050
475,808
625,045
H elena------------—10*0
073.O2L
350 000
600.000
477,892
T a com a . ................
+65 5
737,907
400,000
425,000
1,147.027
Seattle ...............
+ 0S3
703,194
535,900
1.183,450
383.136
Spokane.........
210.99 L +7i*4
85,000
307,800
210,218
Fargo................. —
—35-0
124,795
70 000
80.387
00.101
Sioux Falls............
+12 2
17,053 382
24,723 537
22,030.941
20,089,241
T otal Pacific......
+7 5
9,726,490
9,093 224
9,408 800
8,401.102
Kansas City...........
—L
*4
6,780,193
7,326 906
10,022,002
10,168.309
Minn^a r..H
'«liv
+40 0
3 590.853
4,297,913
0,582.71*:
4.702.407
Om aha...................
+8*0
3,904,084
4,276,596
A095.443
3.792.691
St. Paul.................
2,090,111
2,884 953
2.0+6,730
2,075,781
Denver....................
+37*4
1,251,672
447,228
0u8t670
477.060
Davenport........... .
+18*4
1 550,000
1,209,408
1,777.008
2 104,681
St. J o se p h ,..,..........
+14*3
927,375
903 618
980,000
1,120 O O
O
Des Moines.............
+43*1
344,14 9
679.040
773,570
510,274
Sioux City................
+7-6
354,240
770.001
379,233
408,189
Lincoln-..............
+4-8
381,662
293,2 /2
388.242
370,671
Wichita....................
+220
400,000
400.202
424,790
520,910
Topeka.....................
67,080
56,906
88,449
107,213
F rem ont............
+24'2
71,649
70,000
951)3
118.460
H astings,,.. .........
+12*5
34,138,173
29.958,735
34,334,109
38,03O<408
Tot. other W est..
+5 3
21,352.015
28 382,374
27,012,692
25,044,466
St. L o u is.................
+11-2
11,537051
11,723.028
10.129,129
11,207,075
New Orleans...........
+6*3
6,058.515
5,294,313
5.250,000
4.941,041
Louisville................
+10*0
2,798,717
2.018,450
3,031,000
3.607.200
Galveston................
2,092,497
+-7‘ 1
2,401,328
3.389.773
3.629,589
H o u s to n ...............
+18*0
2.247,408
2,540 333
2+62,940
2,425,833
Savannah................
+25*2
2.710,154
1.974,131
2.500,000
1 990,5011
R ichm ond..............
+4 9
2.253.492
1,710,524
1,993,979
2,OW
O,0a9
M em phis................
—9*3
1,925,782
1,509,926
1,392,904
1 405,540
Atlanta....................
+3 9
1,152.804
874,848
B15 742
952 48 1
Nashville.................
985,664
+4»*0
805,303
820 745
1 206.783
Norfolk....................
—0*5
035,007
508,496
669,824
616,719
Fort W orth. . . . . . . . .
444.705
—4*7
790,075
813,952
775,655
A ugusta.................
492.372
+4-9
804,490
447,375
469.417
Birmingham...........
S39.0SO
429,810
+10*3
337,872
392 493
K n o x v ille .,...........
360,015
+4-1
331,226
389,231
*405,602
Little B o c k .........
+1*5
213,477
280,868
204,849
2 8.000
Jacksonville.. . . . . . .
305,860
+2*4
243,770
286.090
293,c5?
Chattanooga...........
-2 1 5
639,000
423,000
Macon........... ..........
01.172.500
+8*2
54,683.377
~ W x o Jm
Total Southern... —i55.SS6,8/2
+ 24 7 932,168 056 1,135 863,403
T otal all................ 1,515,641.240 1.315.257,850
+13*0 406,830,590 490.791,414
Outside N. York. 539,950,904 475,400,586
Clearings at—

Montreal........
T oronto........ ........
H a lifa x .................
Winnipeg...............
H am ilton..............
St. John............ .
Victoria*...............
V ancouver*..........
Total Canada—

507,408
015.249
544,381
23.396.549

* Not included in totals.

10.867.193
7.108,823
1.050,000
1,816.264
012,359
604,185
*..........

+14*4
+6*2
+6*1
-0*1
+2*9
-fo e

9,500,000
6,132.258
1,136,468
1,353,819
719,437
500,000

9,762,528
8.S0S.007
1.244,528
1,250,537
793,320

21.448 823

+9-1

19.342.002

21.445 920

2

THE CHRONICLE.

[V O L . L .X ' I I I .

trust in the high values of American securities among
On subsequent pages of the Chronicle we print to­ at least Continental operators.
day—
It is certainly remarkable that notwithstanding the
1. Our usual annual review of the events and inci­ presence of set-backs like those we have mentioned,
dents of the year.
coining after a very rapid and long-continued advance
2. Elaborate tables of prices of stocks, bonds and all in railroad securities and a more rapid advance in a
other securities.
large class of newly-introduced industrial stocks, that
In our Quotation S upplement (which accompa­ as the week closes so little impression is found to
nies the Chronicle ) we give to day—
have been made on prices. The selling has been
1. Sales for the twelve mouths of each bond, as well extremely active, the transactions enormous, but
as of each stock, dealt in on the Exchange.
buyers have been found to take the offerings, and as a
2. Highest and lowest prices for the year (with dates) rule prices have yielded very little; in many cases
for each stock and bond.
even a material advance has been established. All this
On account of the pressure on our columns oc­ only gives emphasis to the prevailing features of our
casioned by the large amount of extra matter, it has business environment we have so repeatedly men­
been found necessary to contract very decidedly the tioned, that is the strength of our financial and indus­
space devoted to the editorial and other departments trial situation, the promising progress made dur­
of the paper.
ing so many months in industrial affairs and
to-day still developing, and the large supply of
THE F IN A N C IA L SITU ATIO N .
home capital accumulated during our years of
After the large and continued advance in prices depression which, now that confidence is re­
during recent weeks and months, especially in indus­ stored, is seeking investment. Easy money is of
trial stocks, it is no surprise that the new year should course a favoring condition and speculation is a large
have opened on an irregular and variable market. element. The latter can never be eliminated and the
The first of January is an epochal point, suggestive former appears to be assured. The announcement
not only of new ventures undertaken, but likewise of of gold exports from London to New York this week
old ones inspected. In the work of inspection the would seem, with the other conditions already affect­
banker and the speculator may not in all cases take ing the market and favoring an abundance of loana­
equally sanguine views, a difference which might lead ble funds, to put the question of easy money for the
to a security being turned down and the holder find­ coming six months beyond doubt. It will be remem­
ing it desirable to sell.
Many too in the past bered that the movement of gold started last year in
month or more have been buying to supply the January, but the amount was not large until March.
investment demand, always a factor at the beginning
A suggestive feature of the foreign exchange mar­
of a new year and a sure reliance not long ago, when
comparatively few anticipated it. Hut with easy ket is the remarkable steadiness recently of sixty-day
money and the whole Street and investors too parties bankers' sterling; no change has taken place since
to the same endeavor, the yield is not so satisfactory, December 20th, notwithstanding that in this interval,
the effort of a larger number to supply a smaller pub­ and indeed for a long time previous to the date stated,
offerings of commercial bills against cotton, grain and
lic naturally tending to make prices a little ragged.
As a further source of irregularity there have been provisions have been very plentiful. The reason for
certain conditions active in London and Paris and in this apparent anomaly is the limitations existing to
Berlin which as the year opened have unfavorably af­ the amount of bankers’ sterling outstanding and the
fected the European demand for our securities. Ac­ almost constant demand for those bills for investment
cording to current rumor, relations between Great Brit­ either for new operations or for the exchange of matur­
ain and France took an alarming turn, producing weak­ ing or running-off bills. But, it will be asked, if com­
ness on the London Exchange and the Paris Bourse. mercial bills are so plentiful why should bankers’ 60Berlin was less affected by these rumors, but the mone­ day sterling be limited and not also be equally plentiful?
tary conditions there of late have discouraged opera­ That question brings to the surface the dual character
tions here. It appeared also early in the week quite of the present transactions in exchange ; for there are
probable that our army would have trouble with the two movements actively at work now, both of which
insurgents in obtaining possession of the Philippine are vehicles for loaning our net foreign trade balance
Islands. Later reports indicate less tension, and it is to Europe. One of these is through the sales for in­
thought that President McKinley’s proclamation just vestment of the sixty-day bankers’ sterling bills; but,
sent to and made public in the Philippines and now as we said, conditions limit the amount of these drafts.
published here will satisfy the better class and disin­ For illustration, it is quite conceivable that bankers
tegrate the insurgent forces. But evidently the here who are engaged in investment operations
present attitude is a delicate and difficult matter might find it somewhat difficult profitably to carry in
to deal with.
Our own people, however, aie our market very large amounts of long bankers’
satisfied that the same good judgment that is bring­ sterling, since
the increased offerings would
ing order and business development out of the ap­ naturally tend to advance the carrying charges
parent chaos in Cuba will be equally successful in and thus reduce the profit of the interest
settling the more involved state of affairs in the account on the investment operation.
Then
Philippines. Like confidence in a pacific arrangement again it is also presumable that drawers of ex­
with these disorderly elements is not of course every­ change might not care to maintain the volume of
where felt in Europe; and it is supposed that the Con their sixty-day sterling drafts outstanding beyond a
tinent hardly wishes us success in the endeavor. How­ certain average amount; in that case, after havingput
ever that may be, so long as the hostile attitude of out as large a line of bills as they cared to maintain,
the insurgents in the Philippines continues unchecked, they would thereafter limit the drawing of these bills to
'it can hardly fail to be a source of more or less mis­ the exchange for running-off bil s as they matured.

J a n u a r y 7, 1899.]

THE CHRONICLE.

The foregoing affords an explanation of tne state­
ment that there are now only about $50,000,000 of
these drafts outstanding; precisely the same amount
was given as the limit by leading bankers a
month ago. We have no doubt that 50 millions is an
approximately correct estimate. But that amount by
no means includes all the deferred obligations. There
is another class of operations that presumably involves
a much larger volume, the real amount of which
cannot be estimated. We refer to
document­
ary commercial bills sent forward in various
ways and through various channels. One method is
to have them rebated immediately after their arrival
in London at one per cent under the Bank of England
rate, and the proceeds loaned in the London market
instead of being drawn against, as doubtless would
have been the case under normal conditions of the
market. In a somewhat similar way commercial bills
have been from time to time absorbed at various dis­
tributing centers throughout the country, and sent
forward either to London or to the Continent for col­
lection, the proceeds of which have been loaned at the
European financial centers at rates sufficiently re­
munerative to justify the operation. These facts in­
dicate that the movement of gold into the United
States can be delayed just as long as these various
expedients prove profitable. Very likely it was the
drop in discount rates at London this week that
induced the gold shipments to New York announced
on Thursday.
--------There was less than the usual disturbance to the
market for money this week incident to the January
settlements. A t the sumu time it is noteworthy" that
these were almost unprecedentedly large. The dis­
bursements likewise must have been promptly made,
as is evident from the enormous exchanges at the
Clearing House on Wednesday of $315,236,782 70,
balances being $17,163,312 18. These amounts are
entirely unprecedented in the history of the Clearing
House. The largest transactions previously recorded
were: Exchanges, $288,555,981 58, on February 28
1881, and balances $17,009,341 08, July 2 1898. The
preparations for the January settlements were com­
pleted early in the previous week, and the resulting ac­
cumulations were liberally loaned on call after Wednes­
day, causing a fall in rates to 2 per cent on Friday,
aa stated in this column last week, though on that
day borrowers were required to make provision until
Tuesday of this week. The checks in payment of
dividends and interest, were doubtless nearly all dis­
tributed in Tuesday's mail, and had it not been for
the calling of about $9,000,000 under the Baltimore
& Ohio reorganization plan, there would in all prob­
ability have been not the least derangement of the
money market on that day: and even with this call
the rate only momentarily touched 6 per cent. There­
after for the remainder of the week the supply of
money was comparatively abundant, and rates grad­
ually reached a lower level. In addition to the pay
ment of about $5,500,000 interest on Government
bonds, $4,000,000 of which was paid here, the Treas­
ury paid the oustanding currency 0s, amounting to
$12,061,000; a large block of these bonds was already
held by the Government a3 security for deposits and
circulation.

8

momentarily recorded on Tuesday, immediately after
which the rate fell to 2 f per cent, and the bulk of the
business was at 3@3| per cent. On the following clay
and on Thursday the range was from 3 per cent to 24
per cent, with the majority of the loans at 3 per cent.
On Friday the range was from 6 per cent to 24 per
cent, and the hulk of the business was at 24 per cent.
In the last half hour there was a loan for a small
amount at 6 per cent, followed by loans at 3 per
cent. The average for the week has been about 34
per cent. Banks and trust companies generally quote
3 per cent as the minimum. Time contracts are lib­
erally offered by all lenders, the inquiry is small, and
the indications point to an early reduction in rates.
Quotations are 24 per cent for thirty to sixty days
and 3 per cent for nine y days to six months on good
Stock Exchange collateral. The supply of commer­
cial paper is increasing. The demand is, however,
good, not only from city buyers hut from the East
and also from somewhat remote cities in the West.
Bates are unchanged at 3 per cent for sixty to ninetyday endorsed hills receivable, 3j@ 3| per cent for
prime and 4@5 per cent for good four to six months
single names. The tendency is toward ease and an
early reduction in rates is expected.
The Bank of England minimum rate of discount
remains unchanged at 4 per cent. The cable reports
discounts of sixty to ninety day bank bills in London,
24@ 2j per cent, against 3| per cent last Friday. The
open market rate at Paris is 3 per cent and at Berlin
and Frankfort it is 4J per cent, against 54 per
cent last Friday. According to our special cable
from London the Bank of England gained £1,002.982
bullion during the week and held £30,340,823 at the
close of the week. Our correspondent further ad­
vises us that the gain was due to the import of £264,000 from Germany and to the receipt of £739,000 net
from the interior of Great Britain.

In the foreign exchange market the supply of com­
mercial bills against cotton, grain, provisions and
other commodities continues large and considerable
amounts of these bills were received on Tuesday, the
accumulations since Friday of last week, but they
seem to have been promptly absorbed. The fall, early
in the week, in London and German discount rates ap­
peared to have had little influence upon the market
except to slightly stimulate the demand
for
short sterling and cables.
The buying
of
seventy-day bills for investment has temporarily, at
least, been suspended. On Wednesday and Thursday
francs were higher in consequence of the decline in
rates for exchange at Paris on London. It was an­
nounced on Thursday that Lazard Freres had $1,000,000 and Muller, Schall & Co. 8500,000 gold on the
steamer Germanic, which sailed for this port on
Wednesday. The gold vas obtained in London.
Lazard Freres this week shipped 8500,000 Ameri­
can gold coin to Havana. Nominal rates for exchange
remain unaltered at 4 824 for sixty-day and 4 854 for
sight. Bates for actual business opened on Tuesday unclm nged compared with those on Friday of last week,
ai. 4 814®4 82 for long, 4 84i@ 4 844 for short and
4 85<g 1 854 f°r cable transfers, and there was no
change thereafter; and though on Thursday some
bankers quoted fractionally higher rates for long
Money on call, representing bankers' balances, has
loaned daring the week at the -"stock Exchange at 6 sterling, those quotations were not maintained at the
per cent and at 24 per cent. The higher rate was close. On Friday the tone was steady, with rates for

THE CHRONICLE.

4

actual bushier 1 SI
82 for loug. 4
844 for
short, aiul 4 Sfxjj4 sf>J for cable transfers. Commercial
on banks 4 8! , I S14 and documents for payment
4 804@4- si.[• Cotton for payment 4 80J@4 81, cotton
.
for acceptance 4 81i@ 4 814 and grain for payment
4 81•/. 1 Si.!. The following shows daily posted rates
for exchange by some of the leading drawers.________
FBI.,
FBI.. 1 MON.. Tcrifl.. WSTi., TaiTB..
Dec. 30. Jan. 3. Jan. 3. Jan-. L Jan. 5. Jan. 6.
R2*
6 2*
83*
f fiO daya.
8 2*
82*
85*
8 5*
8 5*
So*
IShrhU.
So*
53*
82*
B2*
62*
82*
< 00 days.
3 5*
85*
8 5*
8534
MftgOQD A Co . >31«hU..
Si>*
82*
8 2*
6
-2*
8 3*
82*
J 00 days
B \ k British
t
85*
85*
66*
m i
, 85*
. No. America,, \ Sights..
W
8 2*
<
5
82*
83*
(60 daya
63*
Bank of
S2*
85*
35*
8 5*
M ontreal.. ... 1 Sight...
S5*
82*
S3*
8 3*
a**
Canadian Bank f 60 days
S3*
S t*
So*
So*
So*
65*
o f Commerce.. \Sight....
D
83*
S3*
82*
82*
02*
Heidolbaeb. Ick- J 00 days.
3
85*
85*
So*
36*
05*
elhelmor k Co 1 Sight....
82*
82*
82*
J 60 days.
82*
82*
Laxard Freres.. ? Sight. , S5*
85*
8 5*
8 5*
85*
S3*
32*
34*
82*
Merchants’ Bk. j 60 days.
62*
85*
S o*
85*
86*
E6*
Of Canada...... 1 S ig h t...

The following statement gives the week’ s movement
of money to and from the interior by hTew York banks
together with the Sub-Treasury operations:
Into
Banks.

Week Ending Jan. 0, 1890.
Banka’ Interior movement, as above

$8,195,000
27,400,000

Out of
Banks.

N et Change in
Bank Holding*-

$3,138,000 G-aln.$5,068,000
500,000
27,900,000 L oss.

Total gold and legal tenders— , $35,506,000 $31,028,000 Gain.$4,588,000

Bullion in principal European banks this week:
Jan. 6, 185 8

Jan. 5, 1899
Sank of

Sold.
&

Silver. J Total.
£

England...... 30,340,823
72,402,9*0 47,800.330
Germany..... 25,6:10,000 13.203.000
99,143,001 4.050.000
Russia.........
Aust-'Himg'y 35.940.000 12.394.000
11.062.000 7.833.000
Italy .......... 14,020,000 2.343.000
4,315,O C 0,757,000
O
Netherlands
Nat. Belgium. 3,005,000 1.548.000

X

Oold.
&

Silver.
£

30,340,823 31,223,053
120,269,290 77,037,142 48,205,057
38,833.000 28,001,000 14.424.000
103,193,000 117,937,000 3.790.000
48,334.000 38.379.000 12.334.000
13,895,O C 9,431,001) 10.320.000
O
17,368,000 15.729.000 2.095.000
11,102,000 fe,628.000 0,825,000
4,643,000 2,753,000 1.376.000

itots..
$
31,222,052
125,902,199
42.425.000
121,717,000
48.713.000
19,751,0.0 0
17.824.000
9,453,001
4,129,000

Tot,thLa week 290.914,789 95.963.330 392.878,119 331,707,194 99,429,057 421,136,251
Tot.prev. w’k 298,400,807 98.317.330 390,814,137 320,515,504 99,313,862 419,828.566
1
----

7H E IN D U S T R IA L STOCKS.
It cannot have escaped the notice of readers of
these columns that the interest o! current speculation
has converged very largely on the so-called industrial
shares ; particularly on those which have been recent­
ly floated on the open markets. Even the common
stock of some of these properties, whose very existence
was unknown three months ago, had risen 20 to 25
points before the close of 1898 ; in all of them an
enormous amount of the securities has changed
hauds. It seems too that we are only at the begin­
ning of this movement. Judging from the accounts
in our daily journals almost every industry of any prom­
inence is being put into a similar shape. On a sub­
sequent page, in the introduction to our “ Retrospect
of 1.898,” we give a table showing that the capital
authorizations of the industrial corporations that first
came into prominence or were organized during the
past year reached nine hundred and sixteen million
dollars. This does not include any company prom­
inent before 1S98, and of course does not cover any of
the numerous organizations now in progress of forma­
tion, or the larger number still that have been
announced as in contemplation.
It is not our purpose to decry these properties.
We have no wish to cite objections to them. A few
years ago there was a sudden and vigorous popular
crusade against the trusts. It is a somewhat curious
fact that, whereas the trusts were not once men­
tioned as an “ issue” either in the Presidential plat­
forms of 1884 or the State electoral platforms of
1886, they figured in a separate and important “ plank”

[Vol. LXVIII.

in every political platform of 1888. But not less cu­
rious than the sudden appearance of this “ issue” in
politics was its equally sudden disappearance.
It
might have been supposed that in 1896, if ever, the
“'trust question” would have been forced forward into
prominence. Y et not one of the half dozen national
conventions of that year undertook to lay an ‘'‘anti­
trust plank” before the public. So far as we are
aware, no allusion whatever was made to the trust
problem as a political issue in the 1898 State plat­
forms of either party throughout the Union.
We do not believe that this sudden vanishing of a
seemingly urgent politico-financial issue is a matter
of accident, a mere whim on the part of a fickle consti­
tuency. On the contrary, it seems to us that the
attitude of these political bodies proves that shrewd
observers have discovered these great industrial com­
binations to be a somewhat different phenomenon,
subject to somewhat different economic laws, from
what had been at first supposed. It has been pretty
well demonstrated, for instance— and in this fact we
find some explanation of the waning political an­
tipathy—‘that the “ trusts,” whether under their old
form and name or under the new, have not increased
the prices of commodities. Instead of this, they have
very generally sold goods cheaper than the market
prices before the combination.
If we are not mistaken, the majority of intelligent
economists also have come to recognize the trade
combinations as an inevitable outgrowth of two note­
worthy phenomena of onr time— the vigor of indus­
trial competition, forcing down the margin of profit
to a very low average, and the accumulation of capi­
tal, making it possible to unite rival establishments
through purchase of control, and then to experiment
on the wholesale introduction of economies. In no
other way, it seems to us, can the phenomenal spread
of these organizations, even when public opposition and
legal obstacles were most formidable, be explained.
But wheu all this is conceded, the fact remains that
the question of the industrial combinations, finan­
cially speaking, is an exceedingly doubtful problem
in the general situation. Twelve years would prob­
ably cover the period within which all of these organzations, with one or two conspicuous exceptions, have
been before the public. This is a short time for a
revolutionary experiment in trade.
Within this
period several of the organizations have been bank­
rupted; others have passed into serious financial
straits which were narrowly escaped. It is entirely
true that the lessons of the collapses of 1893 and
1894 have not been neglected, and that the mistakes
disclosed are likely to he avoided in the future. But
it is a no less obvious fact that the failures in this
direction arose as much from mistakes of individual
policy as from peculiarly embarrassing trade condi­
tions. Neither danger can be wholly escaped in the
future. Not only is there opportunity or misjudgment in the relations of the amalgamated company to
the money market, to the market for raw material,
and to the market for finished goods, hut such highly
intricate questions must constantly he solved as the
proper valuation for competing mills which are to be
acquired, and the decision between destructive com­
petition with an aggressive rival and peace at the
rival’s price. When such questions confront corpora­
tions whose capital in some cases rises to upwards of
one hundred million dollars, it will be seen that no
simple problem is in the course of solution.

J a s c a k y 7, 1899.]

THE CHRONICLE.

5

We have spoken of the accumulation of capital as
R E T R O S P E C T O F 1898.
one potent factor in the extension of these industrial
combinations. It will be very evident how strikingly,
The improvement in affairs noted in 1897 madethis being the case, the organization of such enter­ farther decided progress during 1898, and the year
prises adapts itself to the existing situation.
Every was one of growing activity and rising prosperity.
one knows the peculiar position of American capital Four leading conditions may be said to have conat the present time. Our fortunate trade of the last trolled the course of affairs: (1) Further victories
three years, and our equally fortunate economies as a for sound money, (2) good crops, (3) unprecedented
people, have made the United States, for the time, exports of merchandise, and (4) a successful foreign
richer in available funds than at any previous epoch war. There were some other noteworthy features,
in its history. Simultaneously, it has been discovered such as easy money, large gold imports and low
that the field of available investments has not widened foreign exchange rates. But these were simply at­
along with the new supplies of capital. American in­ tendant circumstances. They followed from the re­
vestors have had several generations of experience vival of confidence and the phenomenal trade balance
with domestic railway enterprises, and in ourq>rcvions recorded in our favor.
history the organization of new lines and the exten­
Ia some respects the closing month, December, was
sion of lines already in the field created such contin­ the most auspicious of the whole year. Elation and
uous demand for outside capital as to provide a ready buoyancy were then all prevading. Such leading in­
outlet for a surplus. This branch of investment not dustries as the cotton goods trade, which had
only has not increased with the current increase of previously lagged behind, now fell in line with
available capital, but it has absolutely decreased. As the general .improvement. The year was note­
against the 11,569 new’ miles of railroad laid in this worthy all through for the many new high
country during the prosperous investment year 1882, records established in every direction, indicative of
and the maximum of 12,878 in 1887,barely 3,000 miles the growth and expansion in progress. In the rising
were laid even in 1898. As a perfectly natural result tide, each month seemed to carry the movement one
of this decrease in the new supply along with increase stage further in advance, so that aggregates previous­
in new demand, prices for shares and bonds of all sound ly unexc-ded were again and again surpassed. But
railway enterprises have reached such figures as to af­ December out-distanced even the most striking of its
predecessors. To give only a few illustrations, never
ford the narrowest margin of return to the investor.
It Is not then at all surprising that promoters of previous to December 1898 had the bank clearings
industrial combinations should be hastening to place either for Xew York or for the whole country for any
their shares in the open market. It is not remark­ mouth of any year been of such extraordinary propor­
able, human nature being what it is, that prices for the tions; never before had the deposits of the Clearing
shares of such properties should have at once advanced. House banks reached such dimensions; never before
But a wise foresight will recognize the elements had the monthly stock sales or the monthly bond
of danger in such a situation while they are not im­ sales on the Xew York Stock Exchange mounted so
minent. The very uncertainty of earning power, and high; never before had iron production been on
the very ignorance of week-to-weok conditions, which such an unexampled scale.
tempt the speculative investor to buy shares of such
There were what might be called two pauses in the
properties while the entire financial prospect is pleas­ revival during 1898, two occasions when there was
ing, will send his holdings back upon the open mar­ hesitancy and a tendency to halt. The first was dur­
ket at an occasion of reverse. We all know what ing the period preceding the outbreak of hostilities
happened to a somewhat similar kind of speculation with Spain, but when war was seen to be imminent.
in the spring of 1893; it is a matter of still more re­ Had the straggle been less one-sided, the hesitancy
cent history what occurred in the English markets in trade circles might easily have developed into pos­
when a change in the general situation found the itive reaction, and possibly been succeeded by a re­
public in possession, at inflated values, of a huge mass currence of business prostration. As it was, the war
of mining and exploration companies, bought in an was such a short-lived one, and was marked by such
hour of infatuation, with the dimmest possible con­ brilliant ... I overwhelming victories, its influence as
a depressing agency soon passed away, and it became
ception of their actual worth.
We do not claim that there exists any close analogy instead a powerful added stimulus to trade revival.
The second occasion when the onward march of
to these occurrences. X o one denies the fact that
1899 opens with a far different outlook from 1893 in trade was momentarily arrested came later in the year.
America or 1895 in Europe. There is not, in our It served to show in a striking way the importance
opinion, any immediate peril, such as we have referred attached by the business community to the money
to, confronting the situation at present; nor do we question as an element in the situation. The war had
question the intrinsic value of a great part of the been marked, as stated, by a series of brilliant victories.
securities of these new enterprises, either domestic or American arms had triumphed everywhere, and peace
foreign. But many of the industrial shares were val­ negotiations were under way which could not but ter­
uable five years ago, and the “ Kaffir shares" were not minate satisfactorily and to our advantage, since they
worthless when their collapse demoralized the Euro­ were conducted with a fallen and prostrate foe who
pean markets. The danger which we hope may be had no alternative hut to accept our terms. At the
avoided by early attention to its weaker features is same time all the other favorable elements were pres­
the danger into which outside capital ran on these ent which throughout the year had constituted such a
previous occasions : of placing its money indiscrim­ feature in affairs. Yet there was a disinclination to en­
inately during a period of rising prices in enterprises ter upon new ventures, and those three great industries
whose current profits and actual assets were practi­ —cotton goods, woolen goods and leather— were found
cally unknown to It. Financial history records no to be in a very unsatisfactory shape, with the demand
insufficient to absorb even a restricted production.
episode of this kind which has escaped the penalty.

6

THE CHRONICLE.

ITOL. LXVIH.

Tho pause was occasioned by the near approach of off actually further increased. The breadstuffs ex­
he elections, whon the silver issue, forlorn cause, was ports declined, just as expected. The quantity sent
again hoping to win popular support. There was out was maintained at the striking figures of the pre­
never any doubt a3 to tho outcome. The trend of vious year, but values were lower ; in the item of
popular opinion had been made evident enough early wheat the collapse of the Leiter corner last June
in the year at the election in Oregon in June, completely changed the situation, and the average
when tho Republicans, on an unequivocal gold money export value of the shipments in the last half of 1898
platform, routed the combined opposition fused un­ was not far from 20 cents per bushel lower than for
der the silver bauner. But the war developed some the last half of 1897. But the loss in the breadstuffs
serious abuses in the management of the army, there values was more than made good by a further decided
was much dissatisfaction thereat, and some of the ad­ growth in our exports of manufactured goods.
This expansion in our exports of manufactures has
vocates of the Chicago platform were foolish enough
been one of the most striking and the most significant
to think their candidates could (loat into power on
features of our industrial development, As usual, the
this wave of discontent.
The elections, when they came, dispelled all illu­ period of depression through which the country has
sions. Tho Silver Party was now in a hopeless minor­ passed is seen to have been not without attendant
ity. Its weakness was most pronounced in its former benefits, having forced upon manufacturers economies
strongholds— the agricultural sections in the West. under which they are able to produce goods more
The Administration or Sound-Money Party not only cheaply than ever before. It is this circumstance that
retained full control of the Lower House of Congress, has opened to them the markets of the world. It is
but made such tremendous gains as to ensure for it noteworthy, too, that notwithstanding all the activity
after the 4th of March 1899 the United States and buoyancy that developed during 1898, the advance
Senate by a majority which would defeat further at­ in prices of goods and commodities was only moder
tempts on the part of the mischievous silver element ate. As the direct outcome of the efforts at economy,
n that body to block currency reform legislation. It the year is distinguished as no other year for the num
was then that all the fetters on trade dropped away, ber and magnitude of the industrial combinations
and that genuine enthusiasm and buoyancy developed. that were formed in all lines of trade. In order to
Financial tranquillity, by which we mean freedom furnish an idea of the extent to which the movement
from financial disturbances, was one of the distinc­ has progressed, we have compiled the following table
tive features of the year. This is more notable than at showing the companies of that class that came into
first sight may appear. For it must be remembered prominence or were organized during 1898. The list
that the country passed through a period of foreign does not, of course, include any of the older concerns,
war, and that the Government floated a two hundred like American Sugar Refining, American Tobacco Co.
.------Authorized Capital.— —
.
million dollar loan, both events calculated to de­
Name o f Company.
Stock.
Bonds.
range the financial markets if otherwise there were American Caramel Co................................. $1,500,000
American Hard Rubber Co........................
2,500,000
elements of weakness. But the money market was American Hay Co........................................ 5,000.000
American Linseed Oil.................................
33,500,000
practically unruffled all through.
In only two American Malting C o.................................. 30,000,000
American Fisheries Co............................... 10,000,000
months did the call loan rate touch 6 per cent, and American Pipe Foundry............................ 2,000,(00
1,500 000
American Potteries Co............................... 27,000,000
then only temporarily, and at no time did it get American Steel & Wire Co.......................... 24,000,000
American Tbread Co..................................... 12,000,000
6,000,000
above that figure. The stock market experienced a American Tin Plate Co................................ 1150,000,000
4,000,000
sharp break during the period preceding the out­ American Wood Working Machinery Co. 10,000,000
Atlantic Snuff Co..........................................
A. Booth & Co. (lake fisheries).....................
5,500,000
2,000,000
break of war, and for a time preceding and succeed­ Cambria Steel C o ......................................... 16,000,000
1,000,000
6,000,000
6,000000
ing that event investment business and dealings in Cleveland & Sandusky Brewing Co........ 11,500,000
Consolidated Gas Co. ot Pittsburg..........
5,000’,000
Continental Tobacco C
municipal securities came almost to a standstill, which Farm & Dairy Produoto............................. 1175,000,000
Co........................ 15,000,000
was natural considering the many uncertainties which Federal Steel Co...........................................*200,000,000
Glucose Sugar Refining Co......................... 40,000,000
10,000,000
war involved. But there was a complete absence of International Paper Co............................... t45,000,000
International Heater Co. (furnaces)___
1,800,000
panicky incidents of any kind in any of the markets.
International Silver Co................................ {20,000,000
14,500,000
Marsden Co................................................... 50,000,000
Among the contributing causes to the trade revival National Bisouit Co....................................... 55,000,000
National Shear Co....................................
3,000,000
and renewal of prosperity, foremost place must be as­ New York Gas & El. L. Heat & Pow. Co.. 25,000,000
Otis Elevator Co........................................
11,000,000
signed to the marvelous state of our foreign trade Pennsylvania Manuf’ g Light & P ow er... 15,000,000
Standard Distilling & Distributing.........
and the extraordinary credit balance in the country’s Torrington Needle C o................................... 24,000,000
3,000,000
1,000,000
States
4,500,000
2,000,000
favor. For the fiscal year ending June 30 1898 the UnitedCarbide Envelope Co........ ................. 6,000,000
Union
Co.......................................
Union Switch Signal Co.............................
2.000,000
500,000
excess of merchandise exports over merchandise im­ Union Tobacco&Co..................................... 10,000 000
Co. of Chicago..................
5,463,000
3,413,000
ports reached no less than 615 million dollars. This United Breweries Chemical Co ................. 12,000,000
Virginia Carolina
was not only wholly unexceled, but « as double the Total
$873,263,000
$42,913,000
largest balance reached in the most striking of pre­
'O n ly $99,000,000 issued thus far. t $36,500,000 issued. {Present
|
vious years. The amount was regarded as entirely issue $15,250,000 stock and $3,150,000 bonds. | $46,000,000 issued.
f Present issue $60,000,000.
exceptional, and not likely to be repeated, for two dis­
The railroads shared in the general prosperity.
tinct reasons first, because the exports were based on They had a large volume of traffic, and their facili­
high prices for breadstuffs, and these prices having
ties were severely taxed. In the West this brought
declined it was supposed tho total of the mer­
further gains in earnings after the striking improve­
chandise exports must necessarily contract; and,
ment in the previous year. These expanding revenues
secondly, because the merchandise imports in 1897-8 were the foundation for the large appreciation in the
had boon unusually small by reason of large
values of their securities on the Stock Exchange.
anticipatory imports in
the previous fiscal
East of 0 hicago the gains in revenues were very
year, induced by tariff legislation. But the results
light as a rule, owing to the further great demoraliza­
for tho calendar year 1898 will show a balance equally
tion in rates which occurred. The U. S. Supreme
if not more noteworthy. Imports did not increase to
Court in October followed up its decision of the
any great extent, and the exports instead of falling
previous year in the Trans-Missouri freight cases by

January

7 18S9 j

THE CHRONICLE.

7

declaring t h e Joint Traffic Association illegal, and this
ended all chance of maintaining rates by agreement.

tra l sold a t t053j3 on th e 3d a n d a t 119?^ on th e 2S6h, a n d
L a k e Sh ore a d v a n ce d fr o m 170U o n th e 4th to 1 9 4 ^ o n th e
Below we bring together some general statistics for 29ch. N orth W e s t, c o m m o n rose fr o m 119% t o 127 a n d R o ck
s
o f th
e
re
bon s,
1898 and ISO?,' affording an interesting contrast Isla n d8s to ck , on th e o ffe r in g roads e nthw P afu n d in g rth w d s t
fro m
to 911., . S tock s o f
in
e
cific-N o
e
between the two years. The data for 1898 are neces­ w ere es p e cia lly s tro n g o n n o ta b ly la rge ga in s in ea rn in gs,
sarily largely estimates, as the year has only just closed. O regon N a v ig a tion c o m m o n in crea sed fr o m 351£ to 53%.,
The same cable is incorporated in our annnal ‘ -Financial N orth ern P a cific p referred fr o m 58 to 69 a n d " co m m o n
Review,” and there the 1898 figures will appear in fro m 201i t o 28% . T he ra ilroa d b o n d sales on th e E x ­
ch a n g e w ere $93,870,210, a m o n th ly tota l w h ich up to th a t
their final corrected form.
tim e had b een e x ce e d e d b u t o n ce , n a m ely in. th e period
o f th e W e s t Shore, settlem en t in 1881, w h en the^ sales
FOR TWO YEARS.
f o r O cto b e r a g g re g a te d $104,612,900.
T h e N orth ern P a ­
c in o p u rch a sed a c o n tr o llin g in terest in th e S ea ttle Lake
1897.
1898.
s h ore & E a stern , a n d th e N e w Y o r k Susquehanna &
1,955,236,319 W e s te rn w a s b o u g h t b y Messrs J. P. M organ & Co. in th e
2, *19.0) 9,124
Cota and currency In U. S. Dec, 31.
57,321,973,206 in terest o f th e E rie, A s e x p e cte d , the C en tra l P a cific m ade
68,883,# 18 58
Bank clearings in United States.
130 662, *99
154,532,071
Business failures.......... ....................
77.324,172 d e fa u lt in th e p a y m e n t o f th e p rin cip a l o f th e su b sid y loa n
112,699 957
Sales at X. Y. Stock E veltange.ahares.
994,255,597
1,477.321,900 du e J a n u a ry 1. T h e U n io n P a cific R eorg a n iza tion C o m ­
Grain and flour at Prod. Exch’e.bnsh.
27,220,200 m ittee m a d e its final p a y m e n t t o th e U n ite d States G ov ern ­
Cotton at Cotton Exchange...... bales,
(b
691,089,266
579**44,153
Ira{>ortft of merchandise (11 mo8.)..$
T h e M ob ile &
974,655,094 m en t fo r th e U n io n P a c ific m a in lin e.
1,117,681,199
Exports of merchandise (11 mos.).„$
134,421,054
' 2.257,908 O hio d ecla red 1 per ce n t on its s to c k , th e first d iv i­
Net import-* of gold ;11 mo*.)— ...8
496.819,695
44,7,355,617 den d in its h istory.
Gross earnings 1 lo roads i l l mo«.) .$
T h e In te rn a tio n a l P aper C om pany,
3,000
2,189
Railroad construe ted................. miles.
*600,000, 00
530,149,468 w ith a ca p ita l o f $45,000,000, to con solid a te v a riou s paper­
bushels.
Wheat raised.............
1.902,967,933 m a k in g co n ce rn s , w a s orga n ized ; also th e N a tion a l B is­
Com raised........ ...................... bushels. *1.925.000,000
698,767,809 cu it C om p a n y , w ith $55,000,000 ca p ita l, to con solid a te th e
•700.000,000
11,180,960 le a d in g c r a ck e r com p a n ies o f th e U n ite d S t a t e s ; a lso th e
(1)
Cotton raided - ............. . . .......... bales.
9,652.690
*'11.500,0 0
Pig Iron produced, (tons of 2,2-10 lbs.)
1,644,520 A m e rica n F ish eries C om p a n y , w ith a ca p ita l o f $10,000,000.
Steel rails, Bessemer, (toss 2.240 lbs.)
(0
41.637,864 T h e B rook ly n tro lle y roa ds b e g a n ru n n in g oars a cross the
* 41,««Of*’0O
Anthracite coal.. .(tons of 2.240 lb*.)
:3l.03\*o~
;34,724.682 East R iv e r b rid g e . T he In ter-S ta te C om m erce C om m ission
Petroleum (runs) production---- bbls.
a 130,832
0229,233
Immigration into U . S . ( 1 2 m o 8 . ) X o .
4.871,910 1issued an o rd e r c o n tin u in g in force, fo r a n o th e r yea r a p re­
6,839'?*’ 3
Pnb.iand sales (yr.end’g June 30) acre*
vious o r d e r , p e r m ittin g the suspension o f the lo n g -a n d * Approximations; Agricultural Bureau figures not vet issued sh ort-h a u l cla u se on tra ffic t o B ritish C olu m bia.
a For fiscal year
t The e are the old Pipe Line run*. § Net exports,
The Honey Market. -T h e m o n e y m a rk et a ga in d ev elop ed
ending June 30. r Estimates.
grea t ease. O 11 th e 5th th e U n ion P a c ific R eorg a n iza tion
J A N U A R Y .— Current Event*.— T rad e develop m ent eon- C o m m itte e m a d e its final p a y m en t o f $S,538,401 t o th e G o v ­
tinu ed to m ake s a tis fa c to ry progress. B a n k cle a rin g s for ern m e n t a n d th e m o n e y a ll w e n t in to th e T reasu ry. B u t
th e c o u n try show ed 33 per cen t gain o ver th e p revious year. th e G ov e rn m e n t in terest pa ym en ts are h e a v y in J a n u a ry ,
T he re p o rted th e M onetary Com m ission of the Indianapo­ a n d th ere w as a large retu rn ttow o f c u r r e n c y fr o m th e in ­
lis C o n ven tio n , co n ta in in g the outlines o f a plan for cu r­ ferior. T h e m on ey h old in g s o f th e C lea rin g H ouse b an ks
re n c y reform , w as m ade p u b lic on th e 3d. On the 6th a in crea sed from $184,554,800 J a n u a ry 1 t o $310,230,500 J a n u ­
b ill em b o d yin g th e view s o f th e Com m ission w as introduced a ry 29th a n d th e surplus reserve fr o m $15,783,7a0 to $35,699,in th e House o f R epresen tatives an d referred to the Com ­ 450. T h e a g g re g a te o f th e dep osits fo r the first tim e passed
m itte e on B a n k in g and C u rren cy. On th e 25th and 26th the 'O n-m illion m a rk a n d J a n u a ry 29th w ere rep orted $733th e In dianapolis C on ven tion re-convened and unanim ously 484,390; th e previou s J u ly th e 600-m illion m a rk h ad been
approved the report of the Com m ission. In the C . S. Senate passed for th e first- tim e. The Treasury on th e 28th ca lled
the S ta n le y M atth ew s resolution o f tw e n ty y ea rs before, de­ 10 per c e n t o f th e U. P . m on ey still h eld by th e d e p o s ito ry
c la rin g in la v o r o f the p a y m e n to f the o b liga tio n s o f the G o v­ banks, a n d a n n o u n ce d th a t fu r th e r a m o u n ts o f 10 per p e n t
ern m en t in silv e r, w as re v iv e d . W h ile the resolution w as w ou ld be ca lled e a ch w eek th erea fter. T he F ou rth N ationalp en din g Pre-sklent M cK in ley on th e 27th, in a sp eech a t the Bank on th e 25th g a ve n o tice th a t fr o m F eb ru a ry 1 it w ould,
din ner o f the N a tio n al A sso ciation o f M an u factu rers, d e ­ red u ce the rate o f in terest a llo w e d o n dep osits o f in terior
cla re d t h i t w h a te v e r m igh t be the Language of the co n ­ in stitu tion s from 2 par c e n t to 14,4 per ce n t.
F rom 6 p er­
tra c t the U n ited S ta te s w ould d isch arge " a ll its o bligatio n s c e n t tem p ora rily re a ch e d on M on da y, J a n u a ry 3d. rates
in the cu rre n c y recognized as the b est th rou gh o u t th e c iv ­ fo r m on ey on caU on the S t o c k E xch a n g e q u tcld y d eclin ed
ilized w orld a t the tim es o f p ay m e n t." T he M atth ew s re s­ t o 2 p er c e n t, and a t th e d o s e th e ran ge w as l L ■ 2 per ce n t.
»
o lution w as adopted in the S en a te on th e 23th b y a vote of A t b ank som e in stitu tion s a cce p te d l r£ per c e n t as th e m in ­
47 to 32. The House on the 31st re je cte d it b y a vote o f 1S2 im u m . but th e m a jo r it y q u oted 2 per c e n t a t th e eloss. On
to 132. On th e 17th Senator W o lco tt. C h airm an o f the tim e the rate d e c lin e d t o 24.4 per c e n t fo r s ix t y to n in e ty
U n ited S ta te s B im e ta llic Com m ission, w h ich the previous days a n d 3 per c e n t for fou r"to seven m on th s. F or c o m m e r ­
y e a r visited Europe, ann oun ced in a speech in th e S en ate cia l paper the clo s in g ra te was 3 per c e n t for s ix ty to n in e ty
th a t he w as about to retire from the Com m ission. A s ig n if­ d a y en dorsed hills receiv a b le, 3 ‘d « H p er c e n t fo r prim e a n d
ica n t sign o f tlie tim es, in d ica tiv e o f th e decrease in in te r ­ l a 5 per c e n t for g o o d fo u r to six m on th s sin g le nam es
est rates, w as the ndoption o f a three-per-cen t-in terest rate
Foreign Exchange. Silver.
T h e fo re ig n e x ch a n g e m a r­
b y the la rger life in su rance com panies in the va lu a tion of k et w as in flu en ced m a in ly b y th e ch a n g e s in m o n e y rates,
th eir p olicies and reserve; p reviously th e basis had been a n d by th e in v e s tm e n t d em a n d fo r e x ch a n g e . F or actu al
fo u r per ce n t. C uban a ffa irs a t tim es had a m om entary dis business prices op e n e d at 4
(14 H21-2 fo r s ix ty -d a y bills,
q u ie tin g e ffe ct. E a rly in th e m onth there w as rio tin g a t 4 84 -V « 1 85 fo r sigh t a n d 4 85\(::§4 8 o K fo r ca b le tran sfers.
H avan a; on the 18th a n a tte m p t w as m ade in th e House of B y the 10th rates w ere \ 83% <M 83, 4 85kjf<®4 85)^ .and 4 85J^
R epresen tatives to a tta c h a resolution re co g n izin g the C u ­ '44 85 =, fo r th e th ree cla sses o f bills. A fte r that, the course;
ban in su rgen ts a s b ellig eren ts as a rider to th e D iplom atic w as d ow n w a rd . T h e in v estm en t d em a n d k ep t lo n g b ills
and C on sular A ppropriations B ill, b a t the a ttem p t w as d e­ re la tiv e ly m u ch stro n g e r th an th e oth er classes
A t th e
feated . L ater the assem blage o f U n ited S ta te s w ar vessels close lo n g b ills s to o d a t precisely th e sam e figures as at th e
off the F lorida co a st and the disp atch o f the w arsh ip Maine o p e n in g Hut sig h t bills w ere on e-q u a rter o f a c e n t low er
to C u ban w aters created uneasiness, th o u g h it w as a n ­ and ca b le tra n sfers h a lf a ce n t low er. An unusual featurenounced th a t th e M aine's visit w as sim ply a frie n d ly call. w as th a t d o c u m e n ta r y co m m e rcia l bills a t th e close c o m ­
T iic co tto n goods trade con tin ued u n sa tisfa cto rv . and at m an ded th e sam e price as prim e com m e rcia l, w h ich o rd in a ­
N ew Bedford th e o p eratives s tru c k a g a in st th e red u ctio n in rily sell h alt a c e n t h ig h er. T he B a n k o f E n gla n d ga m ed
w ages announced the p revious D ecem ber: a t F all R iv er and h ea v ily in b u llion , a n d the L o n d o n open -m a rk et d iscou n t
L ow ell the red u ctio n w a s a ccep ted . P r in t clo th s dropped rate fo r s ix t y to n in e ty -d a y b a n k bills d e c lin e d fr o m 3 to - ld
still low er, to 2 y ce n t- per y a rd , bn t recovered to 2 3 16 per c e n t, s u b seq u en tly a d v a n cin g a g a in ito 2%(tb2%. The
cents.
Iron p roduction con tin ued on an un precedented B ank o f G erm a n y re d u ce d its o lioial d is co u n t rate fro m 5
scale, th e outp ut J a n u a ry 1 b ein g 226.6 0 s tons par w eek. t o 4 per c e n t :m d the open -m a rk et ra te at B erlin dropped
T here w as a sharp rise in the price of w tleat, in fa c e o f the fr o m 3V to
a n d at F r a n k fo rt fr o m %% to 3 par emit.
large holdings o f L oiter, and the J an u a ry option advanced A t Paris th e ou tsid e ra te co n tin u e d a t 2 par cen t, b u y e r
from 9 7 cent s to $1 O F p re a ctin g to $1 05 y . P resident J a n u a ry 8 w a s 20-igd. p er o u n c e a n d J a n u a ry 81 20 3-16d.

Dole o f Hawaii cam e on a visit, iu the in terest o f th e
H aw aiian an n ex a tio n tre a ty .
In Europe the D rey fu s
a ffa ir led to violence in th e F re n ch P a rlia m e n t and also
caused a n ti-J ew ish dem onstrations in variou s parts of
F ra n ce. T he engineers* strike in E n glan d w as b ro u gh t to a
close a fte r la stin g m any m onths. To relieve th e m onetary
strin gen cy in In d ia and to avo id gold shipm en ts from L on ­
don the L eg isla tiv e C o u n cil a t C a lcu tta passed a n A c t
a llo w in g cu rre n cy to be w ith d ra w n in India on deposits of
gold in the Bank o f E n g la n d , the exch an ge to be on the
basis o f is. id . for the silv e r ru pee, b u t the schem e proved
a failu re — see CHRONICLE M arch 19. page 547.
S a il mad Events nwl Stock Exchange Hatters.— The s to ck
m arket w as som ew hat irreg u la r th e e a r ly p a r to f the m on th .
The last w eek, on rep o rts o f a m erger ot th e L ak e S h ore &
M ich. Southern w ith the N Y , C en tral, there was a general
advance led b y the Vanderbilt, properties. N ew k o r k C e n ­

F E B R U A R Y .— Current Events.— The C u ba n situ a tion
d o m in a te d e v e ry th in g d u rin g F eb ru a ry. T he developm ental
w ere o m in o u s .’ On the 8th th e C u ban J u n ta m ade pub
lie a letter w ritte n th e previou s D ecem b er b y Safior D a p u y
de L o m e , th e Spanish M in ister a t W a s h in g to n , to D on
Jose C anale j as, a S p an ia rd w h o a t th a t tim e w as on a
sp ecia l m ission to A m erica . T he letter was a private c o m ­
m u n ica tio n a n d had been a b stra cted from the m ails, it
con ta in ed offen siv e reflection s u p o n P resid en t M cK in ley
a nd also sta tem en ts in d ic a tin g th a t th e Spanish xove m m e n t w as n o t e n tire ly sin cere in th e n egotia tion s
w h ich it w a s c a r r y in g on fo r closer co m m e rcia l rela­
tion s w ith the U n ited States. Senor d e L om e a d m itted
th e a u th e n tic ity o f th e letter a n d ca b le d his resign a tion to
M a d rid . R epresen ta tion s re g a rd in g th e m a tter w ere m ade
to th e Spanish G ov ern m en t, w h ic h in a co m m u n ica tio n to

8

THE CHRONICLE.

U . 8 . M in ister W o o d fo r d a t M adrid on th e e v e n in g o f the
10th officially d isa vow ed D e L o m e ’s sen tim en ts. O n th e
e v e n in g o f the 15th, b e fo re th e D e L om e in c id e n t h ad been
clo se d , the U . S. w a rsh ip Maine w as b low n up in th e h arbor
o f H avana, ca u sin g th e death o f 260 o f th e m en a nd cre w ,
besides th e w o u n d in g o f m a n y oth ers. B oats fr o m th e
Span ish cru iser A lp h on so X II. w h ich w as ly in g close b y
w e n t to the rescu e, a n d th e Spanish p op u la ce a n d p u b ­
lic officials ga ve m a n y m a n ifesta tion s o f sy m p a th y a n d
m ou rn in g , th e v ictim s b e in g a cco rd e d an im p o s in g fu n era l
in H avana. B u t th e disaster e x c ite d pop u la r fe e lin g m
th is co u n try as n o oth er e v en t in re ce n t years. A N aval
C ou rt o f In q u iry was co n stitu te d t o d eterm in e th e cause.
S p ain asked fo r a jo in t com m ission o f in q u iry , b u t this ou r
G o v e rn m e n t d e clin e d , th o u g h o ffe r in g t o assist her in a n y
separate in qu iry o f her ow n . In th e m ea n tim e th e a n x ie ty in
the p u b lic m ind grew intense ,'w ar b e in g re co g n iz e d as a pos­
sib le o u tco m e . R e co g n iz in g th e d a n gers o f th e situ a tion , the
U . S. Sen ate n o w m a n ifested a co n se rv a tiv e d isp o sitio n ; a res­
o lu tio n sim ilar to th a t r e je cte d in th e H ouse o f R epresen ta ­
tives the previou s m on th , prop osin g t o a tta ch a rid er to th e
C on su lar a n d D ip lo m a tic A p p rop ria tion s b ill re c o g n iz in g th e
b e llig e re n cy o f th e C u ban in su rgen ts, r e ce iv e d on th e 23d in
the open Seiiate (a fte r a un a n im ou s adverse rep ort b y th e C om ­
m ittee on F oreign R ela tion s) o n ly 5 a ffirm ative votes, aga in st
51 n e ga tive vote s. A ll th e fin a n cia l m a rk ets w ere m u ch
u n settled th e last h a lf o f th e m on th . O ccu rre n ce s and
e v e n ts n ot re la tin g to th e C uban situ a tion a tt r a c te d very
little a tte n tio n .
T he R ep u b lica n L eg islatu re a t A lb a n y
passed resolu tion s cen su rin g U n ited States S en a tor E d w a rd
M urphy from this State fo r v o tin g th e p reviou s m o n th fo r
th e T eller free-silv er resolu tion .
A w a r on passenger
rates to th e P a cific Coast a n d A la sk a b rok e o u t b e tw e e n th e
C a n a d ia n P ie ittc a n d th e A m e rica n lines, a n d th e In terSt ate C om m erce C om m ission susp ended th e op era tion o f th e
lon g -a n d -sh o rt-h a u l clau se in its a p p lica tio n t o co m p e titiv e
p assenger business w ith th e C an ad ian lin es. Irregu la rities
r e g a r d in g loans t o th e a m ou n t o f $393,001 w ere d is co v e re d
in the C h em ica l N a tion a l B ank, a n d C ashier Q u in la n ’s resig­
n ation wps a o ce p te d . A fu rth e r sharp a d v a n ce o c c u r r e d in
th e p rice o f w h ea t. Som e u neasiness w as ca u sed in E n gla n d
b y rep orts o f F re n ch m ov em en ts in A fr ic a , en cro a ch in g
u pon B ritish territory . T he Chinese loa n f o r £16,000,000
w e n t jo in t ly t o E n gla n d and G erm an y.
Railroad Events and. Stock Exchange Mutters . — B efore th e
M aine exp losion th e s to ck m a rk et e v in c e d g re a t stren gth
a n d m a n y sto ck s to u ch e d th e h ig h est p o in ts o f th e y e a r up
t o th a t tim e. A fte r th a t it b ro k e b a d ly . T o w a rd s th e close
o f th e m on th E u rope pu t in som e lib e ra l p u rch a sin g orders,
a n d th is, w ith co v e r in g o f sh ort sales, ca u sed a sharp u p ­
w a rd rea ction . N orth W est, co m m o n sold at 130% on th e 11th
a n d a t 119% on th e 24th, R o c k Isla n d a t 93% on 1st and at
81% on 24th, w h ile S t. P a u l co m m o n sold d o w n fr o m 96% to
91% . Som e issues o f b on d s also su ffered severe d e clin e s .
T h e to ta l o f th e b o n d sales e x c e e d e d ev e n th e e x c e p tio n a l
to ta l o f th e previou s m on th a n d a m ou n ted to $94,877,500.
T h e B u rlin g ton & Q u in cy in crea sed q u a rterly d iv id e n d fr o m
1 per c e n t to 1 % per ce n t. T h e U n io n P a c ific R e o rg a n iza ­
tio n C om m ittee raised its b id f o r th e G o v e rn m e n t cla im on
th e K ansas P a cific lines fr o m $2,500,000 t o $6,303,000, th is
la tte r co v e r in g th e p rin cip a l o f th e G ov e rn m e n t loa n b u t
n o t th e u npaid a ccu m u la tion s o f in te re st, a n d secu red th e
property. T h e N e w Y o r k C e n tra l-L a k e S h ore co n so lid a tio n
w as d e fin ite ly a n n o u n ced , th e C en tra l g iv in g $1,000 o f 8 % p e r-ce n t b on d s in e x ch a n g e fo r $500 o f L a k e S h ore stock .
P lan s w ere u n der con sid era tion fo r e x ch a n g in g N ew
E n gla n d s to ck o n certa in term s f o r N e w H aven s to ck , and
as part o f th e sch em e a p rop osition fo r a lease t o th e la tter
co m p a n y w as su b seq u en tly offered . T h e L o u is v ille & N ash ­
v ille n eg o tia te d $12,500,000 o f 4-per c e n t co lla te ra l tru st
bon d s to take up $7,070,000 o f m a tu rin g co n so l. 7s a n d p r o ­
v id e fo r liq u id a tin g floa tin g d eb t, & c. T h e “ H a y T r u s t ”
o r A m e rica n H a y C om p a n y , w ith a ca p ita l o f $5,000,000, w as
orga n ized . T he G ov ern in g C om m ittee o f th e N e w Y o r k
S to ck E x ch a n g e passed resolu tion s p r o h ib itin g a rb itra g e
business w ith oth er citie s .
A d a m s E xpress C om p a n y
ga ve its stock h old ers as a b on u s 100 per c e n t in colla tera l
tru st bonds. T he R o ck Island ca lle d in its en tire issue o f
E xten sion and C ollateral T ru st 5s in a cco rd a n ce w ith its r e ­
fu n d in g schem e. T he P en n sylva n ia Steel C om pa n y a n ­
n ou n ced th at the M arch cou p on s on th e se co n d m ortg a g e
b on d s w ou ld be pa id in scrip .
The Money Market.—T he M aine disaster h ad a m a rk ed
e ffe c t on th e m o n e y m arket. T h e last w eek o f th e m on th ,
u n d er co n tin u e d large w ith d ra w a ls o f c u r r e n c y fo r the in ­
terior (e v id e n tly in d u ced b y fe a r o f tr o u b le w ith Spain) a n d
th e fa ll in th e s to ck m a rk et, rates sh a rp ly a d v a n ce d a ll
a rou n d , ca ll loans on th e S to ck E x ch a n g e on th e 24th t o u c h ­
in g 4 per cen t, aga in st th e l @ l% - p e r - c e n t rate p reviou sly
preva ilin g . Banks and tru st com p a n ies a lso a d v a n ce d th eir
rates at this tim e , a n d som e o f th em s u cce e d e d in o b ta in ­
in g 3 per cen t. On tim e th e qu oted rates th e last o f the
m on th rose to 4 per c e n t fo r all d ates fr o m s ix ty d a ys t o six
m on th s. Rates fo r co m m e rcia l paper, h ow ev er, w ere o n ly
s lig h tly ch a n g e d , sta n d in g a t th e close at 3 % per c e n t fo r
s ix ty to n in ety d a y endorsed b ills re ce iv a b le . 3 % @ 4 per c e n t
fo r prim e and 4 % @ 5 per c e n t fo r g ood fo u r to six m on th s
■single nam es. T he C lea rin g H ouse b an ks lost h ea v ily in
reserves, and fro m $216,230,500 J a n u a ry 29 th e m o n e y h o ld ­
in gs o f th e.b a n k s drop p ed to $197,328,600 M a rch 5; th e sur­
plu s reserve d e clin e d fr o m $35,609,450 to $20,823,500.

[Von. LXVIII,

Foreign Exchange, Silver, Etc . —T he a d v a n ce in m o n e y
ra tes the la tter pa rt o f F eb ru a ry co m p le te ly d e m o ra lize d th e
fo r e ig n e x ch a n g e m a rk et, w ith th e resu lt th a t th e im p o rt
m o v e m e n t o f g o ld w as resu m ed. T h e e a rly pa rt o f th e
m o n th e x ch a n g e w a s firm and rates a d v a n c e d , th ere b e in g
a c o n tin u e d a b sorp tion o f lo n g b ills fo r in v e s tm e n t. R a tes
fo r a ctu a l b usin ess in ste rlin g op en ed on th e 1st a t an a d ­
v a n ce o f on e-q u a rter o f a c e n t fo r s ix ty -d a y b ills, t o 4 8 2 % @
4 82% , sig h t b ills re m a in in g at 4 8 2 % @ 4 84% a n d ca b le
tra n sfers a t 4 8 4 % @ 4 85. B y th e 9th rates h ad a d v a n ce d to
4 8 3 % ® 4 83% fo r s ix t y d a y, 4 8 5 % @ 4 85% fo r s ig h t and
4 86® 4 86% fo r ca b le tra n sfers. T h en th e cou rse w as re ­
versed . B u t th e d e c lin e w a s slow u n til th e C u b a n en ta n g le ­
m e n t ca u sed a sharp a d v a n ce in m o n e y rates.
O n th e 24th
a n d 25th ste rlin g rates d e c lin e d l ( a l % ce n ts per p o u n d :
th is led t o e n g a g em en ts o f g o ld in E u rope f o r im p o rt, a b o u t
$3,800,000 b e in g a n n o u n ce d on th e 25th a n d th e 28th. R a tes
a t th e clo s e w ere 4 8 1 % @ 4 81% fo r s ix t y d a y , 4 84@4 84%
f o r sig h t a n d 4 8 4 % @ 4 84% f o r ca b le tra n sfers. T h e B a n k
o f E n g la n d m a d e fu rth e r la rg e a d d itio n s to its b u llio n , b u t
th e open m a rk et d is co u n t rate a fte r first
d e c lin in g
fr a c tio n a lly , la te r a d v a n ce d a g a in to 2 % @ 2 13-16 p er ce n t.
O n th e C o n tin e n t th e ou tsid e ra te fe ll t o 1 % @ 1 % a t P aris
a n d to 2 % @ 2 % p er c e n t a t B e rlin a n d F r a n k fo rt. S ilv e r
e v in c e d a d e c lin in g te n d e n c y , th e p r ic e b e in g 2 5 % d. F e b ru ­
a ry 28th, a ga in st 26 3 16d. J a n u a ry 29th.
M A R C H .— Current Events.— C u b a n d e v e lo p m e n ts b e ca m e
in cre a s in g ly d is tu rb in g . A t th e b e g in n in g o f th e m o n th
th e d e c isio n o f th e G o v e rn m e n t t o d is p a tch t w o n a v a l v e s ­
sels t o C u ba w ith supplies fo r th e s ta r v in g r e c o n ce n tra d o s
cre a te d uneasiness. On M o n d a y . M a rch 7, d isp a tch es in th e
pap ers s a y in g th a t th e S p an ish G o v e rn m e n t h a d th e p r e ­
v io u s w e e k req u ested th e r e c a ll o f G en era l L e e , th e U n ite d
S ta tes C on su l-G en era l a t H a v a n a , a n d th a t P r e sid e n t
M c K in le y h ad p r o m p tly re fu s e d th e req u est, ca u se d a g re a t
sen sa tion . I t w a s also s ta te d th a t S p ain h a d o b je c t e d to
th e sen d in g o f th e r e lie f su p plies in w a r vessels. B e fo re
th e e n d o f th a t d a y n e w s c a m e th a t th e re q u e st fo r G en e ra l
L e e ’s re ca ll w o u ld n o t b e in sisted o n a n d th a t th e P re sid e n t
h a d d e c id e d t o e m p lo y th e d is p a tch b o a t F ern (a sort o f
n a v a l tran sp ort, ra th er th a n a w a r s h ip ,) in fo r w a r d in g
r e lie f supplies. In th e a ft e r n o o n o f th e sa m e d a y (th e 7 th )
C h airm a n C an n on , o f th e A p p ro p r ia tio n s C o m m itte e o f th e
H ou se o f R ep resen ta tiv es, a ft e r co n s u lta tio n w ith th e
P re sid e n t, in tr o d u c e d a b ill a p p ro p ria tin g $50,000,000 fo r
s tre n g th e n in g th e n a tio n a l defen ses, th e m o n e y t o b e u sed e n ­
tir e ly at th e d is cr e tio n o f th e P re sid e n t. T h is b ill passed th e
n e x t d a y , re c e iv in g th e w h ole 311 v o te s ca s t, a n d th e f o l ­
lo w in g d a y (th e 9th) passed th e S en a te b y a v o te o f 76 t o 0.
T h e b ill b e ca m e a la w th e sam e d a y a n d co n sid e ra b le p u r­
ch a ses o f w a r ships, cru isers, to r p e d o b oa ts, & c .. w ere th e n
m a d e. T h e rep ort o f th e C o u rt o f In q u ir y w a s c o m p le te d on
th e 21st a n d d eliv e re d t o th e P r e sid e n t o n th e 25th. O n th e
28th it w as tr a n s m itte d t o C on gress w ith a m essa g e fr o m
th e P resid en t.
T h e C ou rt ex p ressed th e o p in io n th a t th e re
h ad b e e n t w o ex p losion s o n th e M ain e, th e first ca u sed b y a
su b m a rin e m in e, a n d th a t th is h a d led t o a se co n d e x p lo ­
sion th ro u g h th e b lo w in g u p o f t w o or m o r e o f th e s h ip ’s
fo r w a r d m a g a zin es.
O n th e 31st th e N e w Y o r k L e g is ­
la tu re v o te d an a p p rop ria tion o f $1,000,000 t o d e fr a y th e
ex p en ses o f th e S ta te m ilitia in case o f w a r. U . S. 4s o f
1925 op en ed a t 123% (th e b on d s sold a t 129% in J a n u a ry )
M a rch 1, sold d o w n t o 118% o n th e 26th a n d clo s e d a t
122% on th e 31st. P r in t c lo th s d e c lin e d fr o m 2 3-16 ce n ts
t o 2 1-16 c e n ts p er y a rd , n o tw ith s ta n d in g th e c o n tin u a n c e
o f th e strik e o f th e o p e ra tiv e s a t N e w B e d fo r d . M id d lin g
u p la n d c o t to n d e c lin e d fr o m 6 5-16c. on th e 1st t o 6 l-1 6c. o n
th e 23d, c lo s in g a t 6 3-16 ce n ts o n th e 31st. T h e p r ice o f
w h e a t (J u ly o p tio n ) d e c lin e d fr o m 9 2 % c. o n th e 1st t o 8 5 % c.
on th e 3 1 s t; C h ica g o q u o ta tio n s ru le d a b o v e th ose a t N ew
Y o r k a ll th ro u g h th e m o n th . L e tte r c o n tin u in g h is m a n ip ­
u lation s. T h e rep ort o f a b ill f o r th e r e fo r m o f th e n a tio n a l
c u r r e n c y b y th e s u b -co m m itte e o f th e C o m m itte e on B a n k ­
in g a n d C u rre n c y o f th e H ou se o f R ep resen ta tiv es w a s o n e
o f th e e v e n ts o f th e m o n th . T h e U n ite d S ta tes S u prem e
C ou rt ren d ered a d e c isio n d e c la r in g th e N ebraska M a x i­
m u m F r e ig h t la w u n co n s titu tio n a l. T h e tria l a t W ilk e sb a rre, P a ., o f S h eriff M a rtin a n d h is d ep u ties on th e ch a rg e
o f k illin g th e strik ers in th e a n th r a c ite fields th e p reviou s
S ep tem b er resu lted in a v e r d ic t o f n o t g u ilty . B y a c o n ­
v e n tio n sign ed a t P ek in , M a rch 27, P o r t A r th u r a n d th e
p ort o f T a lien -w a n , w ith th e a d ja c e n t te r rito ry , w ere ce d e d
in u su fr u ct t o R u ssia ; th e la tte r a n n o u n ce d th a t T a lie n w a n w o u ld b e open to th e fo r e ig n tra d e o f a ll n ation s.
Railroad Events and stock Exchange Matters. —T h e S to ck
E x ch a n g e e x p e rie n ce d severa l severe b reaks. O n M on d a y,
th e 7th, w h en n ew s ca m e th a t Spain h a d req u ested th e w it h ­
d ra w a l o f G en eral L ee p rice s o p en ed o ff sev era l p oin ts a n d
c o n tin u e d to fa ll v e ry ra p id ly , in te llig e n c e re g a rd in g th e
m ov em en ts o f th e E u ropea n P o w e rs in C h ina b e in g c o n c u r ­
r e n tly d is q u ie t in g ; in th e a fte rn o o n th e Su prem e C ou rt d e ­
cis io n in th e N ebraska M a x im u m F r e ig h t ca ses ca u se d a
ra lly . T h e fo llo w in g F rid a y a n d S a tu rd a y (th e 11th a n d th e
12th) th e m a rk e t a cte d as i f th e b o tt o m w e re g o in g t o d rop
o u t. I t re co v e r e d a ft e r th is, b u t s a g g ed a ga in a lm ost c o n ­
tin u o u s ly u n til on th e 26th a n d th e 28th, w h e n a ru m o r th a t
a se ttle m e n t h ad b e e n re a ch e d b e tw e e n th e U n ite d S tates
and Spain ca u sed an u p w a rd re a c tio n o f 3 ' 10 p oin ts,
w h ich , h o w e v e r, w a s n o t fu lly m a in ta in e d N e w Y o r k C en ­
tr a l sold a t 116 on th e 1st, a t 105 o n th e 26th, a n d clo s e d at

J a x c a b y 7, 1899.J

THE CHKOlSriCLE.

9

H I >' on th e 31st, M ilw a u k ee & S t. P a u l c o m m o n d e c lin e d A. m . b y 310 to 6. T h e P re sid e n t sign ed th e A c t in th e
8
fro m 94 o n th e 1st to 85% on the 13th. c lo s in g a t 90 J,< and m o r n in g o f th e 20th and im m e d ia t e ly sent an u ltim a tu m to
;
B u rlin g to n & Q u in cy fr o m 97% o n th e 1st to 85% o n th e M a d rid th ro u g h G en . W o o d f o r d . S e n o r L u is P o lo y B e r n a .b e ,
26th, c lo s in g at 93% . T h e W e s te rn J o in t T raffic B ureau, th e Span ish M in ister a t W a s h in g to n , w as a t th e sam e tim e
fo r m e r ly th e W e ste rn F r e ig h t A s s o c ia tio n , w a s d issolved . n o tifie d o f th e a c tio n o f t h e P resid en t. H e at o n ce asked
T h e M ilw a u k ee & St. P a u l d e cla re d an e x tra d iv id e n d o f fo r his passports. In S p a in G en. W o o d fo r d w as in fo rm e d
o n e -h a lf o f o n e p e r c e n t, p a y a b le in A p r il, in a d d itio n to th e n e x t d a y , b e fo r e h e c o u ld p resen t th e u ltim a tu m , th a t
th e re g u la r se m i-a n n u a l d iv id e n d o f 3 p e r c e n t, on th e c o m ­ d ip lo m a tic n e g o tia tio n s b e t w e e n th e t w o cou n tries w ere
m o n s to ck . T h e A m e r ic a n T h rea d C o .,w ith §13,000,000 s to ck b ro k e n off. On th e 32d t h e A m e r ic a n fleet o ff K e y W e s t
a n d $6,000,000 bon d s, was in co rp o ra te d ; a lso th e A m e rica n b e g a n c a p t u r in g ships, th e first p rize ta k en b ein g th e Span­
S teel & W ir e C o m p a n y , w ith a ca p ita l o f §34.000,000.
S . R. ish m e r ch a n tm a n B u en a V e n tu r a . On th e 22d, also, th e
C a lla w a y w as m a d e P re sid en t o f th e co n so lid a te d N e w Y o r k P resid en t issu ed h is p r o c la m a t io n d e c la r in g a b lock a d e “ o f
C en tra l syste m , C h a u n ce y M . D ep ew b e c o m in g C h airm a n o f th e n orth co a s t o f C u b a , in c lu d in g p orts on said co a s t b e­
th e B oa rd o f D ire cto rs. T h e A p p ella te D iv ision o f th e N ew tw e e n C ardenas a n d B a h ia H o n d a , and th e p ort o f C ien Y o r k Su prem e C ou rt m o d ified its p reviou s d e c isio n so as to fu e g o s on th e sou th co a s t o f Cuba. ” On th e 23d a ca ll fo r
requ ire a co n tin u o u s b o n d o f o n ly §1,000,000 fr o m th e c o n ­ 125,000
v olu n teers w a s is s u e d u n d e r an A c t a p p roved th e
tra cto rs o f th e p rop osed R a p id T ran sit roa d , th e b o n d fo r d a y b e fo r e . O n th e 26th th e H u ll b ill fo r th e reorga n iza th e o th e r §14,001,000 t o be lim ite d t o th e p e rio d o f c o n s t r u c ­ j tion o f th e re g u la r a rm y in tim e o f w a r b e ca m e a la w . Tire
tio n .
u ltim a tu m t o S p ain a llo w e d u n t il n o o n o f S a tu rd ay , A p ril
The Manet/ Marl'd .— T he la rg e g o ld im p orts p re v e n te d 23, fo r c o m p lia n c e , b u t as h o s tilitie s b e g a n b e fo re th a t da te
seriou s d is tu rb a n ce in th e m o n e y m a rk et. A n x ie t y rega rd ­ C on gress on th e 25th fo r m a lly d e c la r e d th a t w a r existed
in g th e S p a n is h -A m e rica n situ a tio n ca u se d la rg e w ith ­ and had e x is te d s in c e a n d in c lu d in g A p r il 21. O n th e 27th
d ra w a ls o f c u r r e n c y fro m th e b a n k s fo r th e in te rio r, and the a p o rtio n o f A d m ira l S a m p s o n ’s sq u a d ron in C uban w a ters
le g a l te n d e r h o ld in g s o f th e C le a rin g H ou se in stitu tion s |b o m b a rd e d th e fo r ts a t M a ta n za s a n d silen ced th em . The
drop p ed fro m $86,076,400 on F eb ru a ry 30 to §64,733,800 on ! H ouse o f R e p r e se n ta tiv e s on th e 29th passed th e W a r R e v ­
A p ril 3nd. T h e g o ld h o ld in g s in th e sam e in te rv a l in crea sed en u e B ill rep orted b y C h a irm a n D in g le y , p ro v id in g fo r ex fr o m §119,186,500 t o $141,570,200. L oa n s w ere re d u ce d fro m I tra in tern a l reven u e ta x e s c a lcu la te d t o y ie ld 100 m illion
§641.873.400 to §595,351,200. la rg e ly , it is b e lie v e d , th ro u g h the I dollars a d d ed reven u e p er y e a r, a n d f o r th e issue, i f n eeded,
liq u id a tio n o f lo a n s o n in v e s tm e n t h o ld in g s o f ste rlin g ex ; o f 500 m illion d olla rs
o f 3-p er c e n t b on d s a n d 100
ch a n g e . D eposits fe ll fr o m §739,214.300 to §683,236,800 a n d m illion ce rtifica tes. A n A c t w a s sig n ed on th e 22d p ro­
becau se o f th a t fa c t su rp lu s reserv e in crea sed fro m §22,- h ib itin g th o e x p o r ta t io n
o f c o a l a n d w a r supplies
959,325 to $35,720,8 0. A b o u t $3,050,000 w a s m id in to th e U . S. w ith ou t the. p erm ission o f th e G ov ern m en t. P ostm astei-T re a su ry on a c c o u n t o f the p u rch a se o f th e G o v e rn m e n t's G en eral Jam es A . G ary re s ig n e d on th e 21st b eca u se o f illin terest in th e K a n sa s P a c ific . B u t th e tra n sfer in to the h ealth, a n d w a s s u c c e e d e d b y C h arles E m o ry S m ith . On the
treasu ry o f th e U n io n P a cific m on ey s h eld b y th e d ep osita ry j 25th S e cre ta ry o f S tate J o h n S h erm an also le ft th e C abinet.
b a n k s w as te m p o ra rily d is co n tin u e d . E x c e p t fo r a spurt to ! F o llo w in g N ew Y o r k 's lea d o f the p reviou s m on th , m a n y o f
4 per ce n t on th e last o f th e m o n th , on p rep a ra tion s fo r th « 1 th e S ta tes v o te d e x tr a a p p ro p ria tio n s fo r th e ir n a tio n a l
A p ril settle m e n ts, c a ll m o n e y on th e S to ck E xelia n ge did gu a rd s— O h io, §1,000,000; M a ssach u setts, §500,000, & e., & c.
n o t get a b o v e 3 p e r c e n t and. m ostly w a s 14|('i2’ jp e r ce n t. j O ur foreig n tra d e s itu a tio n w a s u n u su a lly stron g, th e m e r ­
B ank s a n d trust co m p a n ie s loa n ed a t 2 @ 2 % p e r c e n t as the ch a n d ise e x p o rts fo r th e ten m o n th s t o A p r il 30 e x c e e d in g b y
m in im u m . On tim e th e u neasiness p r e v a ilin g w as re­ 514 m illion d olla rs th e m e r ch a n d is e im p orts. T h e p osition
fle cte d in a d is in clin a tio n to len d a n d in h ig h e r rates, the J o f th e U n ite d S tates T r e a s u ry w as also v e ry stron g , th e g o ld
c lo s e b e in g n o m in a l at 4:84 % fo r s ix t y d a y s a n d 56? 6 fo r h o ld in g s b e in g §174,584,136 A p r il 1 a n d $181,238,137 A p r il 30.
lo n g e r periods. C o m m e rcia l paper a t th e clo s e w as 5 per I U. S. cou p on Is o f 1925 s old at 119Jjj A p r il 30, a ga in st 122%
M arch 31. T h e p rice o f w h ea t s old u p to $1 25 in b oth N e w
c e n t fo r s ix t y t o n in e ty d a y s d o u b le n am es,
per c e n t
f o r prim e a n d 8%?«7% per c e n t fo r g o o d fo u r t o s ix m on th s Y ork and C h ica g o fo r th e M ay o p tio n . T h e p r ice o f o th e r ce r­
sin g le nam es.
eals also sh a rp ly a d v a n ce d . P r in t c lo t h s fu rth e r d e c lin e d t o 2
Foreign Exchange, Silver, <£c.— T he high rates for tim e cen ts per ya rd . M id d lin g u pland c o t to n was 6 % ce n ts A p r il
m oney dislodged fa r th e r large holdin gs o f in vestm en t ster­ 20, aga in st 0 3-16 M a rch 31. T he strik e o f th e co tto n m ill
lin g, and gold en gagem en ts in Europe fo r shipm ent to the op era tives in N ew B e d fo rd p r a e tio a lly en d ed e x c e p t as t o th e
U n ited S ta tes co n tin ued th rou gh o u t th e m onth on an e x te n ­ spinners. G o v e rn o r B la ck on A p r il 13 sig n ed th e b ill p e r­
sive scale, and there w ere also shipm ents from A u stra lia to m ittin g sa vin g s b an ks in N ew Y o r k State to in v e s t in th e first
San F ran cisco. A lto g e th e r the n e t im ports reached $29,979,- m o rtg a g e bonds o f N ew Y o rk ra ilroa d s u n d er ce rta in r e s tr ic­
618. R ates for a ctu a l business w ere a d van ced one-quarter o f tions. T h e N. Y . C ou rt o f A p p ea ls d ism issed th e appeal
a c e n t on th e 1st and a g a in on the 2d, m a k in g them 4 82@ taken b y th e S tate in th e case o f th e A t to rn e y -G e n e ra l
4 82% fo r s ix t y d a y , 4 84%@4 84% for sigh t and 4 84%<3 a ga in st th e P resid en ts o f th e a n th r a c ite co a l roa ds a nd
4 85 fo r ca b le tran sfers. B ut by the 15th prices w ere dow n w h ich h ad b e e n d e c id e d b y the A p p ella te D ivision aga in st
to 4 80%(&4 8 )% for s ix t y d a y , 4 83%@4 88% for s ig h t and the A tto rn e y -G e n e ra l— (see C h r o n ic l e A pril 23, page 782).
4 84®4 841, fo r cab le transfers. T h e rest o f the m onth the E n gla n d o b ta in e d from C h in a a lease o f W e i-H a i-W e i t o
m ark et w as a lte rn a te ly stro n g and w eak. On the 31st offset R u ssia ’s lease o f P o r t A rth u r, a n d F ra n ce also o b ­
a c tu a l business w as done a t 4 80%<§4 81 fo r s ix t y days, ta in ed con cession s.
Railroad Events and Stock Exchange Matters.— T h ere
1 83?L@4 84 fo r sigh t and 4 84%<34 84% for ca b le transfers.
The B a n k o f F ran ce raised its prem ium on gold from 5'< per w ere n o fu rth e r v io le n t breaks in s t o c k s ; th e m a rk et, h o w ­
m ille to 6 per m ille. The B a n k o f E n gland lost h e av ily in ev er, sa gged fro m w eek to w eek , in v e s tm e n t pu rch ases
bullion, and th e open m arket discoun t rate fo r s ix ty to h a v in g a lm ost e n tire ly cea sed . T h e lo w e s t figures w ere
n in e ty d a y bank b ills ruled a t 2%@3 per cen t. A t Paris the rea ch ed in m ost ca ses on th e 21st, or soon th erea fter ; th e
outside rate a t th e close w as 2 per ce n t and a t B erlin and la tter part o f th e m o n th th ere w as a sh a rp re c o v e r y on
F ra n k fo rt 2?i per ce n t. The C hinese loan o f £16,000,000 was reports o f s u ccessfu l e x p lo its b y ou r n a v y . B u rlin g ton &
a failu re in E n gland (on ly £2,000,000 out o f th e £8,000,000 Q u in cy sold a t 95% o n th e 4th and a t 88 on th e 21st, St.
a llo tted to th a t co u n try b ein g subscribed fo r), and in G er­ P au l c o m m o n at 91 o n th e 6th a n d a t 83% on th e 21st, a nd
m any also was not e n tire ly a success. The price o f silv e r N ew Y o rk C en tra l at 113 a n d 108% on th e 6th a nd 22d r e ­
T he G o v e r n in g C om m ittee o f th e N ew Y o r k
opened a t 25 9 16d„ declined to 25d.. then advan ced to spect iv o'~
S tock E x ch a n g e v o te d a g a in st th e p rop osition to ta k e par­
36 l-16d. and closed at 25 ll-16 d .
tial c o n tr o l o f th e “ ou tside s e c u r it y ” m a rk et. T h e N ew
A P R IL .— Current Event*.— T he difficulties b etw een the Y ork C en tra l m a d e officia l a n n o u n ce m e n t o f th e a b sorp tion
U n ited S ta tes and Spain re g a rd in g C uba cu lm in a ted iu w ar. o f th e M ich iga n C en tra l b y an a rra n g em en t sim ilar to th a t
The rep ly of Spain to the final proposition of the U n ited o f the L a k e S h ore. T h e C h o cta w O klah om a & G u lf de­
S ta te s (the proposition suggested an arm istice in C u b a u n til ' cla red its first d iv id e n d o n th e p referred shares— 2 % per
O ctober 1 '• for the n egotiation o f p eace, w ith the good ce n t. T he b ill re q u irin g ra ilroa d s in N e w Y o r k State to
offices o f th e P resid en t,' ') had been received M arch 81. It issue m ilea g e b ook s at. 2 ce n ts per m ile fo r 500 m iles b eca m e
was considered u n sa tisfa cto ry , and a com m u nication from a la w . T he A m e rica n H a rd R u b b er Co. ($2,500,000 ca p ita l),
the P resident to Congress w as a n x io u sly looked for. On the th e A m e rica n S a rd in e Co. ($3,000,000), th e A t la n t ic S n uff
6th it was announced th a t Mr. M cK in ley had decided to d e­ Co. (§10,000,000) a n d th e U n io n C a rb ide Co. (A ce ty le n e G as),
fer his m essage u n til M onday, th e 11th . to a llo w G en. Lee w ith §6,000.000 ca p ita l w ere in corp ora ted .
The Money Market.— The. m o v e m e n t o f cu rre n c y to th e
tim e to get A m erican s out o f C uba and to d ep art him self.
In the m eantim e th e Pope a n d th e European P ow ers co n tin ­ in te rio r c o n tin u e d , b u t on a som ew h a t less exten d ed scale.
ued th eir efforts to persuade the Spanish G o vern m en t to The loss w a s o ffset b y th e im p orta tion s o f g o ld fr o m E u rope.
accede to the dem ands o f th is co u n try. On A p ril 9 Spain T h e lega l te n d e r h old in g s o f th e C lea rin g H ou se hanks
finally agreed to auth orize G en. B lanco to d eclare a pro­ w ere red u ced from $64,723,800 A p r il 2 to $50,737,700 A p r il
visional arm istice in C u ba. The actio n cam e too la te . On 30, b u t th e “ sp ecie ” h o ld in g s w ere in crea sed fro m $141,the t l t h th e P resident's m es-age w en t to Congress, u rg in g 556.200 to $158,392,800. The surplus reserve in crea sed fr o m
in terven tion w ith ou t recogn ition o f the Cuban in su rgen ts. §35,720,800 to §44,504,675. T h ere w a s a fu rth er con tra ctio n
On th e 13th the House o f R epresentatives, b y a vote o f 324 in b oth loans a n d deposits, th e fo r m e r d ro p p in g fro m $595,to 19, passed resolutions in form a b ou t a s th e P resid en t de­ 851.200 to §570,198,100, a n d th e la tter fro m $682,236,800 to
w e d . The S e n a te, on th e n ig h t o f S a tu rd a y , th e 16th, b y $658,503,300. T he T reasu ry d u rin g th e m o n th w ith d r e w fr o m
a vote o f 67 to 21, su b stitu ted its ow n resolutions, m u ch th e specia l d ep osita ry b an ks a p ortion o f th e m on ey s s till
m ore radical in form and reco gn izin g th e C u ban in su rgen ts. h eld b y th em on a c c o u n t o f th e U n ion P a eifie sale. S om e
A fte r repeated con ferences the Senate w as fo rced to y ie ld m o n e y w a s also ta k en fr o m th e b an ks b y th e p a y m e n t o f
on the q uestion o f reco gn ition , b u t o th erw ise ab ou t had its in sta lm en ts on th e K a n sa s P a c ific sale. In th e ca ll loa n
ow n w a y . A s am ended, th e resolutions passed the S en ate a t b ra n ch o f th e m a rk et th e te n d e n c y th e la tter part o f th e
1:30 A, M. on th e 19th by 42 to 35 votes and the House a t 2 m o n th w as d o w n w a rd , th e ra n ge th e n b e in g fr o m 1 / 2 to oy%

10

THE CHRONICLE.

[VOL. LXVIII.

c a g o fr o m $1 20% to $1 85. O n th e 31st, th is o p tio n s u d d e n ly
d rop p ed 50 ce n ts in C h ica g o t o §1 25, th e p r ic e here fa llin g
t o $ l 15. T lie r e p o r t o f th e A g r ic u lt u r a l B u r e a u a t W a s h in g to n
on th e g r o w in g w in te r w h e a t m a d e th e g e n e ra l c o n d itio n
M ay 1, 86-5, a g a in st 80'2 th e p re v io u s y ea r. T he p r ic e o f p r in t
c lo t h s drop p ed s till lo w e r, to u c h in g 1% ce n ts p er y a rd , b u t
w ith a s u b seq u en t r e c o v e r y to 2 ce n ts . G o v e rn m e n t ord ers
p r ov ed a stim u lu s in som e lin es o f b u sin ess. T h e C o m ­
m ittee o n F o re ig n A ffa ir s o f th e H ou se o f R e p re ­
sen ta tiv es on the 17th p resen ted a m a jo r it y re p o rt in fa v o r
o f th e a n n e x a tio n o f H a w a ii b y jo i n t re s o lu tio n . G re a t
s a tis fa ctio n w a s fe lt in th e s ig n in g on th e 28th o f a c o m m e r ­
cia l a g re e m e n t (u n d er th e D in g le y ta riff la w ) b e tw e e n th e
U n ite d States a n d F ra n ce, in v ie w o f F r e n c h s y m p a th y w ith
Sp ain. T he H ou se, b y a v o t e o f 184 t o 11, passed a resolu tio n
p ro p o sin g an a m e n d m e n t t o th e U . S. C o n stitu to n p r o v id in g
fo r th e e le c tio n o f S en a tors b y p op u la r v o te . C h ina p a id o v e r
to J a pa n a t th e B a n k o f E n g la n d £11,009,000, th e rem a in d e r
o f th e C h in ese-J ap a n ese w a r in d e m n ity , th e J a pa n ese tr o o p s
th ereu p on e v a cu a tin g W e i-H a i-W a i, w h ic h w a s s u b seq u e n tly
o ccu p ie d by G rea t B rita in . W illia m E. G la d ston e, th e grea t
E n g lish sta tesm a n , d ie d on th e 19th. T he S pan ish C h am ­
bers passed an A c t fo r b id d in g th e e x p o r t o f silver.
Railroad Events and Stock Exchange Matters. - T h e cou rse
o f th e s to ck m a rk et w a s d e te rm in e d b y th e n a v a l v ic t o r y at
M an ila on th e 1st. P r ice s M on d a y , M a y 2, ju m p e d u p on e
t o te n p oin ts on th e n e w s , a n d c o n tin u e d t o a d v a n c e th e
rest o f th e m on th . T h e h ig h p r ic e o f w h e a t a n d th e sp len ­
d id o u tlo o k fo r th e n e w c r o p p r o v e d a n a d d itio n a l stim ulu s.
T he g ra in c a r r y in g roa d s as a c o n s e q u e n ce w e re in sp ecia l
fa v or. B u rlin g to n & Q u in c y sold u p fr o m 94% t o 104, St.
P au l co m m o n fr o m 89% to 101 a n d R o c k Isla n d fr o m 86 to
108%. G reat N orth ern p r e fe rre d ju m p e d fr o m 155 to 179, a n d
th e c o m p a n y a n n o u n ce d a d iv id e n d o f 50 p er c e n t p a y a b le in
th e s to c k o f th e S ea ttle & M on ta n a R R .; it also g a v e n o tic e
th a t it w o u ld red eem th e en tire issue o f c o lla te r a l tr u s t 4p e r c e n t bonds ($15,000,000) on S ep tem b er 1. S u b seq u e n tly
M A Y .— Current E v e n t s T he first e n g a g em en t o f th e w ar it w a s a n n o u n ce d th a t $25,000,000 o f n e w s t o c k w o u ld b e
to o k pla ce on S u n d ay m orn in g , M ay 1. C om m od ore G eorge issu ed to p ro v id e fu n d s t o red e e m th e tru s t b o n d s , sh are­
D ew ey, in co m m a n d o f th e A s ia tic S q u ad ron , sailed in to h old ers to be a llo w e d to use th e S ea ttle s to c k in p a rt p a y ­
the h a rb or a t M anila, iu th e P h ilip p in e Island s, en gaged m e n t. T he A m e r ic a n M a ltin g C om p a n y c o m m o n ($13,750,th e Spanish fleet and fo rts u n der A d m ira l M on tejo a n d 000) a n d p referred ($12,300,000) s to ck s w ere p la c e d in th e
su cce e d e d in co m p le te ly d e s tro y in g all th e Spanish ships, u n lis te d d ep a rtm en t o f th e N e w Y o r k S t o c k E x ch a n g e .
e leven in n u m ber. T he result ot the b a ttle (th ou gh n o t the The U . S. C ircu it C ou rt o f A p p ea ls a t B a ltim o re su stain ed
fu ll e x te n t o f th e v icto ry ) w as k n o w n th e n e x t d a y, M ay J u d g e S im on ton 's d e c isio n d e c re e in g th a t th e Cape F ea r &
2d, th rou gh ca b le d isp a tch es from M anila to M adrid. C om ­ Y a d k in V a lle y R R . sh ou ld b e sold as an e n tir e ty . T h e case
m o d o re D ew ey c u t th e ca b le w h en he fo u n d he co u ld n ot w as su b seq u en tly a p p ea led to th e U . S. S u prem e C ou rt.
use it fo r official business. H e w as h eard fro m on Saturday, T h e G en era l E le c t r ic sh a reh old ers v o te d in fa v o r o f a r e d u c ­
the Ttli, th rou gh d isp a tch es fr o m H o n g K o n g , a n d th en it tio n o f s to ck , so as t o p e rm it th e re s u m p tio n o f d iv id e n d s .
appeared th a t his ships had su stain ed n o d a m a ge, th a t none T he In ter-S ta te C om m erce C om m ission d e c id e d in fa v o r o f
o f hi.s m en h ad been k illed an d o n ly e ig h t h ad b een in ju red , th e tru n k lin es in th e m a tte r o f th e d iffe re n tia l ra te q u e s ­
a n d these b u t s lig h tly . C om m od ore D e w e y re ce iv e d a vote tion . T he M a n h a tta n E le v a te d d e c lin e d th e fra n ch is e s te n ­
o f th anks fro m C ongress a n d w as m a d e R ea r A d m ira l. d ered it b y th e R a p id T ra n sit C om m ission ers.
On the A tla n tic h ostilities w ere on a lim ite d scale. The
The Money Market. —A ll fea r o f a d e r a n g e m e n t o f th e
m o b iliza tio n o f th e a rm y p roceed ed ra th er s low ly , th ou gh m o n e y m a rk et passed a w a y . T h e N e w Y o r k b a n k s b e tw e e n
b y the en d o f th e m on th m ost o f th e 125,000 volu nteers A p r il 30 a nd M ay 28 in cre a s e d th e a g g re g a te o f th e ir loa n s
ca lle d the previous m on th had b een sent S ou th . T h e in va ­ fr o m $570,198,100 to $589,727,400, th e ir d ep osits fr o m $658,sion o f C uba was d ela y ed b y u n ce rta in ty as to th e w h ere­ 503,300 to $896,006,400, tlie ir m o n e y h o ld in g s fr o m $209,130,a b ou ts a n d u ltim a te destin a tion o f th e Spanish fleet u nder 500 t o $227,706,200, a n d th eir surplus reserve fr o m $44,504,A d m ira l C ervera, w h ich h ad left th e Cape V e rd e Islands on 675 to $53,704,600. A t th e clo s e th e ra n g e on c a ll a t th e
A p ril 29. A d m ira l Sam pson w ith a p ortion o f th e A m e rica n S t o c k E x c h a n g e w a s 1 @ 1 % , w h ile b a n k s a n d tru st co m p a ­
squadron was sen t t o P o r to R ico to find th e fleet, and n ot su c­ n ies q u o te d 1 % as th e m in im u m , a lth o u g h som e o b ta in e d 2
c e e d in g b om b a rd ed th e fo rts at San Juan on th e 12th, b u t p er c e n t. O n tim e th e ra te w a s 2 % fo r th ir t y d a ys, 2 % fo r
did n o t stay lo n g en ou gh to silen ce th em . O n th e 13th it s ix t y days, 3 fo r n in e t y d a ys to fo u r m o n th s , a n d 3 % p e r
w a s a n n ou n ced th a t th e Cape V erd e fleet h ad been sigh ted c e n t fo r fiv e to sev en m on th s.
F o r c o m m e r c ia l paper
th e d a y b e fo re o ff M artiniqu e, in th e F ren ch W e s t Indies. It rates w ere 3% fo r s ix ty t o n in e t y d a y d ou b le n am es, 4(24%
w a s n e x t reported at C u ra coa , o ff V en ezu ela , on th e 14th. fo r p rim e a n d 5@ 6 p er c e n t f o r g o o d f o u r t o s ix m o n th s ’
T h erea fter its m o v em en ts w ere a g a in en v elop ed in m y stery, sin g le nam es.
b u t at th e end o f th e m on th it w as k n o w n to b e secu rely
To reign Exchange, Silver. <£c.— T h e t e n d e n c y o f th e fo r ­
b o ttle d up a t S a n tia go de C u ba. S everal m in o r en ga ge­ eig n e x ch a n g e m a rk e t w a s s tr o n g ly u p w a rd d u rin g M ay.
m en ts occu rre d a lo n g th e C u ban coa st d u rin g the m on th , T h e ease in m o n e y h ere led to re n e w e d p u rch a ses o f b ills fo r
resu ltin g in ca su a lties t o ou r side. On th e 11th, in one o f in v estm en t. T h e a d v a n ce in ra tes c h e c k e d th e g o ld m o v e ­
these en ga gem en ts, E nsign W o r th B a g le y a n d fo u r others m e n t, a n d th e B a n k o f E n g la n d w a s a b le t o in crea se its g o ld
w ere k illed.
The ba ttlesh ip O regon, c o n ce rn in g w h ich h o ld in g s h e a v ily (th e to ta l r is in g f r o m £29,436,468 A p r i l l 4 t o
m u ch a n x ie ty h ad been felt, a rriv ed sa fely at K e y W est, S37,191,952 M ay 26 ); on th e 26th th e B a n k ra te w a s re d u ce d
Fla., a fte r a v o y a g e o f 81 da ys a n d a trip o f 17,499 m iles fr o m 4 t o 3 % p er ce n t. T he op en m a rk e t ra te d rop p ed t o 2 % .
fro m P u get S ou n d a rou n d Cape H orn . On th e 2oth P resi­ W it h th e d e c lin e in m o n e y ra tes a b ro a d , th e d iffe re n c e b e ­
d e n t M cK in ley issued a p rocla m a tion ca llin g fo r 75,000 tw e e n six ty -d a y b ills a n d s ig h t a n d ca b le s w a s a g a in n a r ­
m ore volu nteers, b rin g in g (a c c o r d in g t o officia l rep ort) row ed . O n th e 2d rates fo r s ix t y d a y w ere 4 S 0 % @ 4 81, fo r
th e m ilita ry stren gth o f th e U n ited S ta tes up to 278,500 sig h t 4 84@4 84% a n d fo r ca b le s 4 8 4 % @ 4 84% . F rom th is
m en . T he Senate F in a n ce C om m ittee on th e 12th rep orted th e h ig h est figu re fo r s ix ty da ys w a s re a ch e d on th e 26th at
the W a r R even u e b ill receiv ed fro m th e H ouse th e previou s 4 84% (24 84% , th e h ig h e s t f o r sig h t a n d ca b le s on th e 23d at
m on th , b ut a m en ded so as t o strike o u t th e provision for th e 4 8 6 % @ 4 87 a n d 4 8 7 % ® 4 87% , r e s p e c tiv e ly . O n th e 31st
issue o f bonds, w ith a fu rth er a m en d m en t p r o v id in g fo r the lo n g w as q u oted a t 4 84(24 84% , sig h t at 4 8 6@ 4 86% and
co in a g e o f th e silver “ seig n iora g e” a n d th e issue o f $150,000,- ca b le tra n sfers a t 4 8 6 % @ 4 86% .
In th e o p en m a rk e t at
000 green b a ck s. D ebate began on th e 16th a n d co n tin u e d P a ris th e d is co u n t ra te d e c lin e d t o 1 % a n d in B e rlin and
the rest o f th e m on th . Som e o f th e E u ropea n P ow ers, it is F r a n k fo rt t o 3% per c e n t. T h e d em a n d fo r s ilv e r fo r th e
b e lie v e d , w ere desirou s o f in te rv e n in g in th e w a r, b u t the B a n k o f Spain led t o an a d v a n ce in th e p r ice o f th e m e ta l,
refu sal o f G reat B ritain to pa rticip a te b lo ck e d th e sch em e, w h ich closed at 26% d ., a g a in st 26 3-16d. on th e 2d.
and o n th e 13th Joseph C h am b erla in , th e S ecreta ry o f State
fo r th e C olonies, m ade a n ota b le sp eech a d v o c a tin g an
J U N E — Current Events — T h e m ilita r y m o v e m e n ts b e fo r e
A n g lo -A m e rica n a llia n ce. T h ere w a s a fu rth e r grea t rise S a n tia go de C u ba an d th e colla p se o f th e L e ite r sp ecu la tio n in
in th e price o f w heat, and brea d riots resu lted in m a n y w h e a t w ere th e ev en ts o f c h ie f im p o rta n ce d u rin g J u n e. P e n d ­
parts o f E u rope, m ore p a rticu la rly Ita ly a n d Spain. B oth in g th e a rriv a l o f an a rm y fr o m th e U n ite d States, th e op era ­
F ran ce and Ita ly suspended th eir im p ort du ties on w h e a t tion s d u rin g th e m o n th w ere m e r e ly p r e lim in a ry t o th e m a in
up to J u ly 1 ; th e d u ty w as o rig in a lly th e sam e in th e tw o assault, w h ich d id n ot b e g in u n til th e 1st o f J u ly . O n th e
co u n trie s , n a m ely a b ou t 36% cen ts per b u sh el, b u t Ita ly 3d, in th e m o rn in g , A ssista n t N a va l C o n stru cto r H obson ,
h ad on Janu ary 1, 1808, m ad e a red u ction t o 26 cen ts. Spain, w ith a c r e w o f sev en m en , s u cce e d e d in s in k in g th e co llie r
w h ich had in M arch m od ified its du ties, g a zetted a d ecree M errim ac in th e n a rro w passage at th e e n tra n ce t o S a n tia go
a llo w in g th e free e n try o f cereals. The p rice o f th e M ay option h a rb or in fa c e o f th e tire o f th e Span iards. T h ere w ere
h ere rose fro m $1 18% A p r il 30 to §1 91 M ay 10, a n d in C h i­ fre q u e n t a tta ck s on th e b a tteries and fo rts in th e v ic in it y o f

per ce n t. Banks anil trust com p a n ies th en asked 4 per
ce n t o v e r the co u n te r, th ou gh som e w ere w illin g to loan a t 3
per cen t
For tim e co n tra cts th e m arket w a s u n settled , th e
rate at tire close b e in g !i per cen t for all periods. F or c o m ­
m ercia l paper th e clo s in g q u ota tion s w ere 6 per c e n t tor
60 to 90 day endorsed b ills receiv a b le, 6 % @ 7 fo r prim e and
Tin') per cen t fo r good fou r to six m on th s sin g le nam es.
f o r ,-mu Exchange. Silver, etc.—T he U n ited States con tin u ed
to d raw g o ld from Europe (th e n et im p orts fo r the m on th
b e in '- *31,256,184) and the b ullion in th e B a n k o f E ngland
dropped at the b e g in n in g o f the m on th t o b e lo w 30 m illion
pounds sterlin g fo r the first tim e in years. O n th e 7th th e
B ank rate w as ad va n ced from 3 t o 4 per c e n t. T he B ank ot
G erm an y also a d v a n ced to 4 per c e n t.
In the open m a r­
ket at L on don th e ra te rose to th e sam e figu re, th ou gh
d ro p p in g to 3% per c e n t; w hile th e ou tsid e rate at Paris
rem ained at 2 per ce n t, a t Berlin a n d F r a n k fo rt th ere
was an a d va n ce to 3 % @ 8 % p e r c e n t . T h e b u llio n o f th e
Bank i f E ngland was h eavily a u g m en ted th e la tter part
o f th e m on th w h en th e drain fro m th e U n ite d States w as
tem p ora rily arrested.
S te rlin g e x ch a n g e w a s w e a k th e
ea rly part o f th e m on th on la rge offerin g s o f in vestm en t
bills. On the 1st rates on a ctu a l b usin ess w ere 4 80%<a4 81
fo r lon g. 4 83)4 < 4 88% for sigh t a n d 4 8 4 % @ 4 84)4 for
i
cables. From th is th ere w a s a stea d y d e c lin e in lon g, u n til
on the 21st th e rates w ere o n ly 4 79)4@ 4 79% . In sigh t and
ca b les th e d e clin e con tin u ed on ly u n til th e 7th w h e n rates
fo r the lo n n e r had g o t d ow n to 4 88@4 83% a n d fo r th e
la tter to 4 83%@i4 84, from w h ich th ere w a s an a d v a n ce on
that d a v o f on e-q u arter o f a cen t. A f t e r th e 21st all classes
o f h ills 'a d v a n ce d . On the 27th lon g w as 4 81ffi4 81% ,
sig h t 4 84%<§4 85 and ca b les 4 8 5 % @ 4 85 % .
Then th e r e ­
a ctio n ca m e and on the 30th rates w ere 4 80% @ 4 81, 4 84@
4 84% a nd 4 84% @ 4 85 for th e th ree classes o f bills. T he
price o f silver in L on d on A p r il 30 w a s 26 o-IGd. a ga in st
25 ll-1 6 d . M arch 31.

J a n u a r y 7, 1819.J

THE CHRONICLE.

11

S a n tia g o b y o n e o r m ore o f th e A m e r ic a n ships. O n J u n e 10 R ilin g & D is trib u tin g C o., w ith $.24,000,000 ca p ita l, w a s or­
th e first la n d in g in fo r c e b y A m erica n s on C u b a n s oil to o k g a n ize d .
p la ce in G u a n ta n a m o B a y , a b o u t 40 m ile s east o f S a n tia go.
The Honey Market.— The m o n e y m a rk et co n tin u e d e x ­
A d m ira l S am pson , h a r in g d e te rm in e d to esta b lish a base o f tr e m e ly easy. P a y m en ts on a c c o u n t o f th e G ov ern m en t
sup plies th ere, sen t a b o u t 900 m a rin es a sh ore, w h o t o o k pos­ b on d su b scrip tion s d id n o t a ffe c t it. The C lea rin g H ou se
session o f th e C a im an era b lo c k h ouse, ra is in g th e A m e rica n b a n k s s h o w e d a fu rth e r d e c id e d in crease in a ll th e le a d in g
fla g o v e r it . O n th e 20th th e fleet o f tran sp orts ca r r y in g item s, loans ris in g b e tw e e n M a y 28 a n d J u ly 2 fr o m 8589,16,000 tro o p s u n d er G en . S h a tter fin a lly a rriv e d o ff S a n tia go. 727.400 t o $620,983,800, d ep osits fr o m $696,006,400 to $750,I ts la n d in g w as u n o p p osed . P relim in a ry sk irm ish in g b ega n 074,600, m o n e y h o ld in g s fr o m $327,706,200 to $249,532,200,
a t o n ce , a n d in an a tta c k on th e S p an ia rds b y som e dis­ a n d su rp lu s reserve fr o m $53,704,600 to $62,013,550. Call
m o u n te d tro o p s o f c a v a lr y a n d ro u g h rid ers, on th e m orn ­ loans ra n g e d p r e tty u n ifo r m ly b etw een 1 @ 1 )J per cen t,
in g o f th e 24th at La Q uasin a, w ith in a f e w m iles o f S a n ti­ w h ile b a n k s a n d tru st co m p a n ie s a c c e p te d 1 JJ. 'T i m e c o n ­
a g o , S e rg e a n t H a m ilto n F ish , J r., a n d oth ers w ere k illed . tr a cts a t th e close w ere o ffe re d at 2},£ per c e n t fo r th irty to
On th e 27th P resid en t M cK in le y issued a p r o cla m a tio n e x ­ n in e ty d a y s. 3 fo r fo u r t o five m on th s and 8 J£ per c e n t fo r
te n d in g th e b lo ck a d e o f C u b a n ports so as t o in clu d e the j six t o seven m o n th s . C om m ercia l p ip e r w a s in g o o d d e­
w h o le o f th e S o u th e rn coa st fro m Cape F ra n ces t o Cape Cruz m an d at 3 @ 3 }£ fo r s ix t y t o n in e ty -d a y d ou b le n a m es and
in clu s iv e . A b lo ck a d e o f San J u a n , P o r to R ico , w as a lso de
3} i'o 4 fo r p rim e a n d 4 1 v'go}| f o r g o o d fo u r to s ix m o n th s ’
d a r e d . T h e se co n d an d th ird d e t a c h m e n t s o f th e a rm y fo r t h e sin g le n am es.
P h ilip pin es e m b a rk e d fr o m San F ra n cis co d u r in g th e m on th .
Foreign Exchange, Silver. &c.— T he B a n k o f E n g la n d rate
T h e first d e ta ch m e n t a rriv e d at C avite J u n e 80, a ft e r h a v in g w a s red u ced from
to 3 on th e 3d a n d to 2J£ p e r c e n t on
stop p ed on th e w a y to ta k e th e L atlrone Island s. T h e in su r­ th e 30th. In th e open m a rk et d iscou n ts at th e close w ere
g e n ts in th e P h ilip p in es w ere v e r y a c tiv e , a n d o v e rca m e the o n ly 1(411s per c e n t. These easier rates fu rth er n a rrow ed
S p a n ia rd s a t n early a ll p oin ts e x c e p t M an ila. A Spanish i th e d iffe re n c e b e tw e e n lo n g and sh ort sterlin g. F rom th e
fleet u n d er A dm iral" C am ara set sail fr o m C adiz, a n d rea ch ed 1st to the 7th rates a d v a n ce d fr o m 4 8 3 % @ 4 84 t o 4 84JK@
th e S u ez C anal o n its w a y to th e P h ilip pin es. A s a co u n te r
4 85 fo r 60 d a y bills, from 4 8 5 % @ 4 86 to 4 86}£® 4 8 6 M fo r
m o v e , o u r G o v e rn m e n t on th e 27th a n n ou n ced th e fo rm a tio n j
a nd fr o m 1 86 .. /4
to 4 86 }J @ 4 88% fo r ca b le
o f a n ew U n ite d States sq u a d ron , u n d e r C om m od ore W a t- |tra n sfers. A f t e r th e 7th th e m a rk et a g a in te n d e d d o w n ­
son. w h ose u ltim a te d e s tin a tio n w as to be th e co a s t o f I w a rd , on e reason b e in g th a t th e fa ll in th e p r ice
Spain. T he U . S. S en a te on th e 4th. b y a v o te o f 48 to 28, o f w h ea t b r o u g h t o u t a su p p ly o f c o m m e r c ia l bills. B y
passed the W a r R e v e n u e B ill r e ce iv e d fr o m th e H ouse in th e 14th tjie d e c lin e a m ou n ted t o on e c e n t a ll arou n d.
A p r il. M any ch a n g e s had b een m ad e in th e m easu re, a m o n g T h en th e m a rk et a g a in ten d ed u p w a rd , th e close b e in g at
o th e rs th e in co rp o ra tio n o f a p r ov ision fo r a t a x o f 10 ce n ts |4 8417<a 4 84 *4 fo r six ty d a y bills, 4 S 5 % @ 4 8 6 f o r sig h t and
pou n d o n tea, a n d a p r ov ision fo r ta x in g in h erita n ces. 4 86((i4 86 G fo r ca b le tran sfers. In P aris op en m a rk et disTh>Fj u.-uie,. C .> iu 11 r• 4 :i uiviid m i-tiI prop osin g th e I co u n ts a t t he close w ere
to
a t B erlin 3}£ a n d a t F ra n k fo rt 3£g
issue o f g re e n b a ck s fa ile d to p reva il, it h a v in g b een re p la ce d per c e n t. S om e fu rth er a d v a n ce o ccu rre d in th e p r ic e o f sil­
M ay 31.
(b y a v o te o f 45 to 31) by a su b stitu te p r o v id in g fo r ver. w h ic h clo s e d a t 27 5-18d. June 30, a ga in st
t b e issue o f $ 10 0 ,000,000 o f ce rtifica te s o f in d eb ted n ess a n d
J U L Y .— Current Events.— T h is m on th w as m a rk ed b y a
$300,000,000o f 3 p e r ce n t b on d s. T h e s ilv e r “ s e ig n o r a g e "
a m e n d m e n t o f th e F in a n ce C om m ittee w as a lso som ew h a t series o f b rillia n t v icto rie s , co m p e llin g Spain t o sue fo r
ch a n g e d th ro u g h th e a d o p tio n o f a . su b stitu te ( b y a v ote p ea ce.
A tem p ora ry fe e lin g o f uneasiness p rev a iled a t th e
o f 48 t o 31) proposed b y S en a tor W o lc o tt a n d p r o v id in g f o r b e g in n in g o f th e m on th . In ta k in g possession, o f th e
th e co in a g e o f the s ilv e r b u llio n at n ot less th an $4,000,000 h eigh ts co m m a n d in g S a n tia g o de <'u b a on th e 1st a nd 2d o f
per m o n th . T h e b ill as passed w e n t to a c o n fe r e n c e c o m ­ J u ly , G en . S h a tter's a rm y su ffered sev erely , th e ca su a lities
m itte e , w h ere fu rth e r ch a n g es w ore m a d e, th e s ilv e r b u l­ rea ch in g a b ou t 1,0 0 0 ; and th e p u b lica tion o f a te le g ra m
lion p rovision b e in g a lte re d so a s t o r e q u ite th e co in a g e o f from G en . S h a tter in tim a tin g th a t th e ta k in g o f S a n tia g o
o n ly 1 1 1 m illio n d olla rs a m on th , arid th e a m o u n t o f bonds its e lf m ig h t prove e v e n m ore c o s tly crea ted a fe e lin g o f
But o n th e m o rn in g o f S u n d ay , J u ly 3, th e
a u th o rize d b e in g in cre a sed fro m $300,000,0 0 to $400,000,00 ’. depression
T h e c o n fe r e n c e re p o rt w a s a d o p te d in th e H ouse on th e 9th en tire Span ish fleet u n der A d m ira l C ervera, in esca p in g
T he A m e r i­
b y a v ote o f 154 to 107, a n d in th e S en a te on the 10th b y a from th e h a rb or o f S a n tia go was destroyed ,
v o te o f 43 t o 22. T h e b ill w as sign ed b y th e P resid en t on can fleet suffered no m ateria l d a m a ge, a n d th e ca su a lties w ere
the 13th (it w ill be fo u n d in fu ll in the C h h o x i CLE o f J u n e 18), o n ly on e m an k illed and on e m an w ou n d ed : the Spaniards
a n d th e sam e d a y th e S e cre ta ry o f th e T reasu ry in vited lost m an y h u n dreds killed a n d th e rest o f th e ir m en , in clu d in g
G en. S h a tter
su b scrip tion s f o r $200,000,000 o f th e n e w bonds— see C h r o n ­ A d m ira l C e r v e r a h im self, w are ca p tu red .
i c l e o f J u n e 18, page 1108.
A su p p lem en ta l b ill design ed th en d em a n d ed th e su rren d er o f S a n tia go, a n d a fte r
to su p p ly o m ission s passed th e H ouse, b ut did n ot g e t som e p a r le y in g th e Spanish fo r c e s a m o u n tin g to a b o u t
th ro u g h th e S en a te. T h e L eiter w h ea t d ea l tu rn ed ou t 2.2.000 finally ca p itu la ted . T he fo rm a l surren d er o f th e c it y
d isa stro u sly . T h e p rice c o n tin u e d t o sa g, a n d on the 13th o f S a n tia g o (in c lu d in g th e eastern p a rt o f th e p r o v in ce o f
th e a n n o u n ce m e n t ca m e th a t th e e ld e r L e ite r w o u ld n o S a n tia g o ) to o k p la ce o n S u n d a y , J u ly 17. M u ch sick n ess
lo n ger assist his son Joseph . T h is e n d e d th e sp ecu la tion . o ccu rre d in G en . Shat ter's a rm y , o v e r 4,000 ca ses b e in g re­
T h e J u ly o p tio n in N e w Y o rk open ed a t $ 1 0 i on th e 1st and ported at th e e n d o f the m on th . C ervera ’s fleet h a v in g
c lo s e d a t 92:i4 ce n ts on th e l l t h : on th e 13th it q u ic k ly been dost ro y e d . th e fleet u n d er A d naira I C am ara w as ord ered
d ro p p e d to SUg ce n ts and on th e 20th it to u ch e d 73 12 cen ts. b a c k th rou gh th e S u ez Canal t o Spain. T h e ca m p a ig n
/
T h e clo s e J u n e 30 was at 79% ce n ts . T h e rep ort o f the A g r i­ a ga in st P orto R ico progressed w ith eq u a l s a tis fa ctio n a n d
cu ltu ra l B ureau at W a s h in g to n sh ow ed a c o n d it io n o f 90 8 ce le rity . On the 25th th e a d v a n ce g u a rd olf th e A m e r ic a n
J u n e 1 fo r w in te r w h ea t a n d o f iOO-9 fo r s p rin g w heat, a rm y , u n d er G en. M iles, e ffe cte d a la n d in g in G u a n ica h a r ­
aga in st 78'5 a n d 89-6 re s p e ctiv e ly th e p reviou s y ea r. A bor, 15 m iles w est o f P o n ce , a n d m et w ith on ly d esu ltory
n o ta b le e v e n t d u r in g th e m on th w as th e su ccess o f the resista n ce: on th e 28th th e c it y and p ort o f P on ce surren ­
R e p u b lica n P a rty o n a g o ld p la tfo r m a g a in st th e silver dered. On th e 26th M. G a m b on , the F re n ch A m ba ssa d or
fust cmls ts
in
th e e le c t io n
in
O regon on th e 6 th, at W a s h in g to n , p resen ted a m essage t o th e P resid en t on
T h eir tic k e t w a s e le cte d b y a p lu ra lity o f 10,574 on a v o te b e h a lf o f Spain, a sk in g the A m erica n term s o f pea ce, _ O ur
o f 8-1,753. B y an A c t o f C on gress a p p rov ed J u n e 7 all p o ­ G ov ern m en t rep lied on th e 30th, a n d in sisted on th e in d e­
litica l d isa b ilitie s a ris in g o u t o f th e C iv il W a r w ere rem oved . p en d en ce o f C u ba, th e cession o f P orto R ico and oth er
T h e H ouse o f R ep re se n ta tiv es b y a v o te o f 209 to 91 passed Spanish islands in th e W e s t In d ies to th e U n ite d States:
on e
of
th e L a d ro n e Islan d s —
th e N e w la n d ’s reso lu tio n p r o v id in g fo r th e a n n e x a tio n o f also th e cession o f
troop s to
h old
and
occu p y
Manila
p en d in g
H aw a ii to th e U n ited S ta tes. B oth houses a lso a d op ted the ou r
C o n fe re n ce R ep ort on th e N a tion a l B a n k ru p tcy B ill. The the co n clu s io n o f the trea ty o f p ea ce and th e d e te r­
M on eta ry R e fo rm a n d B a n k in g B ill w a s rep orted to the m in a tion o f th e d isp osition and fu tu re g o v e rn m e n t o f th e
H o u se o f R e p resen ta tives b y th e C om m ittee on B a n k in g b y P h ilip pin es. T he U n ited States Senate on th e 6th , b y a
M r. C lea ry o f M in n esota, b u t w as su b seq u en tly reca lled by vote o f 42 to 2 1 , passed th e H ouse resolu tion p ro v id in g for
h im . S everal u n im p o rta n t ca ses o f y e llo w fe v e r w ere re­ the a n n e x a tio n o f th e H a w a iia n Islands to the U n ited
ported at M cH en ry, Miss.
A n A n g lo -F r e n c h c o n v e n tio n States, a n d on th e 7th the P resid en t ap p roved the resolu tion .
w a s sign ed w ith r e fe re n c e to d is p u te d te r rito ry in th e N ig er C ongress a d jo u rn e d on th e 8 th. B id s f o r th e $200,000,000
U . S. G ov. 3s closed on th e 14th: th e su b scrip tion s a g g re ­
V a lley.
Railroad Events and Stock Exchange Matters,— T h e b rea k g a ted o v e r 81,590,000,000. T he a llotm en ts w ere all to persons
in the p rice o f w h ea t as th e result o f th e colla p se o f th e ta k in g less th a n $1,500, th e su b scrib ers at $4,500 g e t tin g a b ou t
Letter d e a l l e i t o a sharp d o w n w a rd re a ctio n in s to ck $1,300 ea ch . The paym ents in to th e T reasu ry d u rin g J u ly on
p rices on th e 13th. T h e to n e , n everth eless, co n tin u e d firm, a c c o u n t o f th e su b scrip tion s m u st h a v e a m ou n ted t o a b ou t
a n d n o d ifficu lty w as e x p e rie n ce d in a d v a n c in g p a rticu la r $80,000,0 0, in a d d ition to a b ou t $35,000,000 th e p reviou s
stock s. T h e B a ltim o re & O h io reorg a n iza tion plan was m on th . But- there was n o d istu rb a n ce in th e m o n e y m a rk et.
p ro m u lg a te d , a n d th e $20 assessm ent on th e shares w e a k ­ T he G o v e rn m e n t disbu rsem en ts on a c c o u n t o f th e w ar w e re
ened th e p rice o f th e sto ck . L ake S h ore in crea sed its sem i­ v ery h ea v y. G ov e rn m e n t ca sh in crea sed $58,741,512, b u t o f
a n n u a l d iv id e n d fr o m 3 t o 3J£ per c e n t : D en v er & R io this $19,470,387 rep resen ted the ga in in th e h old in g s o f th e
G ra n d e its sem i-a n n u a l d iv id e n d on th e p referred shares d ep osita ry banks. C on tra cts fo r th e n ew b on d s sold on th e
fro m 1 t o 1 ' 2 per c e n t : th e O regon R a ilroa d & N avigation 30th at 104}j . T h e p rice o f w h ea t ex p erien ced a fu rth e r d e ­
C o m p a n y a n n o u n ce d its first d iv id en d on th e com m on clin e anil th e S ep tem ber op tion closed a t o n ly 6 9)« cen ts on
s to ck , and the M in neapolis & St. L ou is in crea sed th e return th e 30th. T h e F re n ch G ov ern m en t restored the fu ll im p ort
o n th e 2d p re f. s h a r e s ; th e St. L ou is & San F r a n cis co b ega n d u ty on w h e a t fro m J u ly 1, a n d the Ita lian du ties w ere also
d iv id e n d s on its 2d p ref. shares, and th e C h ic. & E ast 111. re-esta b lish ed—th e la tte r to be 5 lire fr o m J u ly 1 a n d i} ?
d e cla re d its first d iv id e n d on th e n ew co m m o n s to c k . The lire fro m J u ly 15. T he A g ricu ltu ra l B ureau rep ort s h o w e d
R o ck Island raised its q u a rterly d iv id e n d t o IJ4 per ce n t, a d e clin e o f 5*1 poin ts, to 85*7, in th e co n d itio n o f w in tei
besides ' le c la r in g 10 per c e n t in s to ck , Tlie S ta n d a rd D is- w h ea t, a nd also a d eclin e in the co n d itio n o f sprin g w h ea t,

J

12

THE CHRONICLE

[Vot. LXVII3.

W illia m R . D a y , W h ite la w R eid , U . S. S u p rem e C ou rt J u s­
tice E d w a rd D. W h ite and U . S. S en a tors C ushm an K .
D avis a n d W illia m P . F ry e as th e A m e r ic a n rep resen ta tiv e s
on th e p ea ce co m m is s io n w ith Spain. J u s tice W h ite de­
c lin e d , h ow ev er, and S en a tor G eorge G ra y o f D ela w a re w as
a p p oin ted in stea d
T he p rogress o f th e p e a ce n e g o tia tio n s
a n d th e s u ccessfu l o u tco m e o f th e w a r led to g re a t b u o y a n c y
on th e S to ck E x ch a n g e, a n d a lso ca u sed a resu m p tion o f
trad e re v iv a l. A n a u c tio n sale o f 75,000 p ie c e s o f dress
good s b ro u g h t v e r y p oor p rices, b u t on th e o th e r h a n d th e
p r ic e o f p rin t clo th s a d v a n ce d o n e -s ix te e n th c e n t p er y a rd ,
t o 2 1-16 ce n ts , c o in c id e n t w ith a d e c lin e in th e p r ic e o f
c o t to n fro m 6 1-16 cen ts per pou n d to 5% cen ts. A n u m b e r
o f th e N e w E n g la n d c o tto n m ills sh u t d o w n , th o u g h th e re
I w a s n o gen era l stop page. T he cro p situ a tion a lso p r o v e d a
fa v o r in g in flu en ce.
T h e A g r ic u lt u r a l B u rea u re p o rt f o r
i A u g u s t 1 sh ow ed less o f an im p a irm e n t in co rn fr o m
1th e J u ly d r o u g h t th a n e x p e cte d , th e g e n e ra l a v era g e
! o f c o n d it io n b ein g sta ted a t 87, a g a in st 90'5 th e prej viou s m o n th a n d 84'2 on A u g u s t 1 th e p re v io u s y ea r.
| M oreover, ra in s ca m e t o reliev e th e d r o u g h t. T he sp rin g! w h e a t a v era g e w as rep orted 96-5, th e oats c r o p 84-2
I a n d th e c o t to n cro p 91’ 2. T h e a rriv a ls o f w h e a t a t th e
|p rim a ry m arkets w ere v e r y sm a ll, a n d th e v is ib le s u p p ly in
|th e U n ite d S tates drop p ed to th e lo w e s t fig u res in yea rs, b u t
1 p rices w ere w e a k and th e S ep tem b er o p tio n clo s e d h ere a t
o n ly 68% cen ts, r e fle ctin g th e a fte r e ffe cts o f L e it e r ’s o p e r a ­
tion s.
T h e U . S. T reasu ry c o n tin u e d to r e c e iv e la rg e
a m ou n ts in p a y m en t fo r th e n e w b o n d s (ro u g h ly a b o u t
$54,000,000) a n d th e g o ld reserve on S ep tem b er 1, n o tw ith ­
s ta n d in g th e w a r disb u rsem en ts, s tood a t $217,904,485.
T h e rela tion s b etw een E n g la n d a n d R u ssia a n d C h ina
w e r e m u ch stra in ed a t tim es b e ca u s e o f R u ssian as­
c e n d a n c y o v e r th e Chinese G o v e rn m e n t.
T h e strik e
o f th e W e ls h m in ers w as fin a lly te r m in a te d b y a g re e ­
m e n t on A u g u st 31. T he la tte r p a rt o f th e m o n th th e
p rop osition o f th e E m p eror N ich o la s o f R u ssia, su g g e st­
in g g e n e ra l disa rm a m en t, w a s a n n o u n ce d . T h e D r e y fu s
a ffa ir to o k a sensational tu rn in F ra n ce ; L ie u te n a n t-C o lo n e l
H en ry a ck n o w le d g e d th a t h e h a d fo r g e d a d o c u m e n t w h ic h
h a d p la y e d a p rom in en t part in th e ca se o f D re y fu s , a n d h e
su b seq u en tly c o m m itte d s u icid e.
Railroad Events and Stock Exchange Matters.— G rea t
b u o y a n c y a n d a c tiv ity d ev e lo p e d on th e S to ck E x c h a n g e a s
th e resu lt o f th e su cc e ss fu l issue o f th e w a r. S to c k sales
rea ch ed 12,105,133 shares, w h ile th e b o n d sales a m o u n te d t o
$92,270,100. T he stock s o f roa d s in th e s p rin g -w h e a t d is ­
tr icts w ere p a rticu la rly s tro n g on th e p ro m is e o f th e
la rgest sp rin g -w h ea t cro p on re co rd . B u rlin g to n & Q u in cy
a d v a n ce d fr o m 105% on th e 1st t o 120 on th e 18th, S t. P a u l
co m m o n fro m 99% (1st) to 114% (2 7 th ), R o c k Is la n d fr o m
96% (1st) t o 107% (22 d ), a n d N orth ern P a c ific c o m m o n fr o m
2 9 % (1st) to 41% (2 6 th ). T ow a rd s th e clo s e o f th e m o n th
th e firm n ess o f th e m o n e y m a rk e t ca u se d s o m e w h a t o f a
rea ction . The tr u n k lin e shares w ere r e la tiv e ly less strong,
th a n oth ers, a n d th e co a l shares w e r e h e a v y on the u n fa v o r ­
ab le co n d itio n o f th e c o a l trad e. T h e ta lk w ith re g a rd t o
a co n so lid a tio n o f th e C levela n d C in c in n a ti C h ica g o & St.
L ou is w ith th e L a k e E rie & W e s te rn a n d som e oth e r lin e s
a d v a n ce d th ese p rop erties, b u t th is w as fo llo w e d b y a sharp
d e c lin e w h e n rep orts ca m e th a t th e d e a l h a d fa lle n th r o u g h .
N ew Y o r k A ir B rake s to ck , a id e d b y a fa v o r a b le le g a l
d ecision , ju m p e d fr o m 55% to 100, a ft e r h a v in g sold a t 14 in
A p r il. T h e p r o sp e ctiv e c o n s o lid a tio n o f th e M in n esota Iro n
C om p a n y a n d th e Illin ois S teel C om p a n y ca u se d a n o te ­
w o r th y rise in th e s to ck s o f th ese com p a n ies. T h e G rea t
N orth ern R a ilw a y issued a c ir c u la r to its s to ck h o ld e rs p r o ­
p osin g an e x c h a n g e o f s to c k w ith th e M a n itob a .
B oth
th e St. P a u l & D u lu th a n d th e N o r fo lk & W e s te rn
in crea sed th e d iv id e n d s on th e ir p r e fe rre d shares. The
B u rlin g ton & Q u in cy a d v a n ce d t o a 6 p er c e n t ba sis.
T he R io G rand e W e s te rn d e cla re d a sm a ll d iv id e n d , p a ya b le
in p referred stock , on its c o m m o n shares. T h e $33,000,000
p re fe rre d a n d $29,000,000 c o m m o n s to c k o f th e N a tion a l
B is cu it Co. w ere p la ce d in th e u n listed d e p a rtm e n t o f th e
N. Y . S to ck E x c h a n g e ; also th e s to c k ($25,000,000 p r e f.,
$20,000,000 c o m .) a n d b o n d s ($10,000,000) o f th e In te rn a tio n a l
P a p er Co.
A U G U S T .— Current Events,— A ft e r m ore or less parleying
The Money Market.— M on ey ra tes h a rd en ed d u rin g A u g u s t.
th e p rotocol p relim in a ry t o the co n clu s io n o f a tre a ty ol T h is w a s du e in p a rt to th e g rea ter a n im a tio n on th e S to c k
peace w a s sign ed on th e 12th. The P resid en t im m ediately E x ch a n g e , in p a rt t o th e p ro sp e ctiv e in cre a s e in th e m e r­
d ire cte d th e suspension o f m ilita ry operations.
In the cantile^ dem a n d , b u t m o s t o f a ll t o th e d ra in in to th e U n ite d
m ea n tim e the A m e rica n fo rce s h ad ga in ed fresh v icto rie s
States Treasury on a c c o u n t o f th e p a y m e n ts f o r th e n e w 3
Jn P orto R ico th e a rra y u n d e r G eneral M iles to o k to w n after p er ce n t loa n . ^ G o v ern m en t ca sh o u tsid e th e b a n k s in ­
to w n — in m ost cases w ith o u t m u ch figh tin g. A t Manila crea sed $31,000,570 d u rin g th e m o n th . T h e h o ld in g s o f th e
the A m e rica n com m a n d ers co u ld n o t a t o n ce be notified C lea rin g H ou se b a n k s b e tw e e n J u lv 30 a n d Sept. 2 d im in ­
o f the cessation o f h ostilities (th e ca b le still b e in g c u t ) , and ished fr o m $227,324,500 t o $203,088,500. B u t b o th d ep osits
h e n ce it happened an im p orta n t en ga gem en t to o k p la ce the and loa n s w ere e x p a n d e d - th e fo r m e r ris in g fr o m $741,680,day a fte r th e p ro to co l w a s sig n ed , resu ltin g in th e surrendei
*22n ^
an ^
W^ter fr o m $636,766,700 t o
o f Manila. Our troops to o k a b ou t 7,000 prisoners o f w ar
;
^—a 5 -d ^he surplus reserve c o n se q u e n tly fe ll fr o m
G en. M erritt lost o n ly a b o u t 50 m en , w h ile R ea r-A d m ira l
>41,904,475 to §14,991,050. E a rly in th e m o n th th e re w as a
D ew ey had n o casualties a t a ll a n d his ships w ere n o t da m ­
flurry w h ich ca rried th e ra te fo r ca ll m o n e y on th e S to ck
aged. T he M anila ca b le w as rep aired a fter th e A m erica n s
E x ch a n g e te m p o ra rily u p t o 5 p er c e n t, b u t a q u ic k d e c lin e
to o k possession o f th e c it y . T h e e x ecu tion o f th e peace
en su ed, a n d th e r e a fte r th e ra te w a s 1 % ® 2 p er c e n t u n til
p ro to co l w as fo llo w e d b y th e ra isin g o f th e C uban b lock a d e,
tow a rd s th e close, w h en 3 p e r c e n t w a s a t tim e s p a id .
by th e resum ption o f m ail service a n d o f co m m e rce , n ot
B anks a n d tru s t com p a n ies g e n e ra lly a sk ed 2 % p, c . a t th e
o n ly w ith C u ba and P orto R ico, b u t w ith Spain itself. The
close, w h ile rates fo r tim e co n tra cts w e re 3 fo r s ix t y d a y s,
U. b. G o v e rn m e n t began m u sterin g o u t a la rge p a rt o f the
'V 2 @4 fo r n in e ty d a y s t o fo u r m on th s a n d 4 p er c e n t f o r
v o h m te e r a rm y , and also a rra n g ed t o dispense w ith m a n y
five to s ix m on th s. C om m ercia l p a p er a d v a n ce d t o 4 p e r
o f th e a u x ilia ry vessels. P resid en t M cK in ley tow a rd th e
c e n t fo r s ix ty to n in e ty d a y d o u b le n am es, a n d t o 4 0 5 fo r
en d o f th e m on th d efin itely settled on S ecreta ry o f S tate
p rim e a n d 5 @ 6 fo r g o o d fo u r t o six m o n th s ’ sin g le n am es.
b ut still le a v in g th e la tter v e ry h ig h —95. A n u m b er o f the
c o tto n m ills in N e w E n glan d suspended operation s, a n d a
m o v e m e n t w a s u n d erta k en for a gen era l suspension. T he
N ew Y ork C otton E x ch a n g e v oted to d is co n tin u e rep ortin g
the qu a n tities o f “ futures ’ sold; the N ew O rleans C otton
E x ch a n g e did the sam e th in g. C ongress b efore it a d jou rn ed
passed an a m e n d m e n t to the G eneral D eficiency' b ill provide
tng fo r the settlem en t o f th e P a cific R a ilroa d deb ts. P rin ce
Bism arck died J u ly 30.
Railroad /•.'cmts and Stock Exchange Matters.— T he A m e r i­
can v ictories and the p rosp ect o f ea rly p ea ce g a ve ton e and
stren gth to th e s to ck m a rket, b u t there w as n o grea t a c tiv ity
m a in ly b eca u se o f the low p rice fo r w h ea t and a desire to
aw ait t he ou tco m e o f the g ro w in g crop s. R a ilroa d earn in gs
in som e cases m ade u n fa v ora b le com p a rison s w ith last yea r
on a c c o u n t o f the sm all g ra in m ov em en t. A n th ra cite coa l
p rice s in the W e st b roke b a d ly, b u t tow a rd s th e close o f th e
m on th W e ste rn p rices w ere again a d v a n ce d $1 per to n and
an in form a l m e e tin g o f th e presidents o f th e a n th ra cite
com p a n ies led to a b e tter u n d ersta n d in g also reg a rd in g the
trade iiere in th e East. P u llm a n ’s P a la ce Car C om pan y
an n ou n ced an extra cash d iv id e n d o f 30 per c e n t a n d also a
proposed stock distrib u tion o f 50 per cen t. N a tion a l L in seed
Oil suffered a h eavy loss th ro u g h th e fa ilu re o f au a ttem p t
to co rn e r th e p rice o f flaxseed.
Joseph B a n n iga n , th e
“ A m e rica n R u bb er K in g ,” d ied . The M etropolita n S treet
R ailw ay a n n ou n ced a proposed in crea se o f 815,000,000 in its
stock . The W estin gh ou se A ir B rake Co. d ecla red a s tock
d iv id e n d o f 10 » p e r cen t.
The M ney Market — There had been som e e x p e cta tio n o f
dearer m o n e y as the resu lt o f the p a ym en ts on a c c o u n t o f
th e n e w G overn m en t loan, and early in th e m o n th a fe w o f
the N e w Y orfc banks sh ow ed u n w illin g n ess t o len d on tim e
fo r lo n g periods. B u t the e ffe ct on ra tes w a s sligh t. The
m o n e y h oldin gs o f th e C lea rin g-H ou se b an ks fe ll fr o m
$319.333,200 J u ly 3 to 8287,824,500 J u ly 30, a n d th e surplus
reserve fro m $62,013,550 to $41,904,475. L oan s w ere e x ­
panded from 8630,983,800 to 8636,766,700, a n d deposits d e­
creased fro m $750,074,600 to 8741,680.180. The ca ll lo a n rate
sca rce ly d e v ia ted fr o m 1 @ 1 % per ce n t, w h ile b a n k s and
trust com pan ies q u o ted 1 % per ce n t. O n tim e rates w ere a
little firm er at 2 % fo r s ix ty to n in e ty days, 3 fo r fo u r to five
m on th s. 3(ff3% fo r six m on th s a n d 3 % per c e n t fo r lon g er
periods.
R ates fo r co m m e rcia l paper w ere also a trifle
stiffev. a t 3 % @ 3 % fo r s ix ty t o n in ety da ys d ou b le nam es,
a nd 3%<a 4% fo r th e best a n d 4 % @ 5 % f o r g o o d fo u r to six
m ou th s single nam es.
Foreign Exchange, Silver, Etc.— T h e fo re ig n exch a n ge
m a rk et w as k ept som ew h a t u n settled b y th e n e w in tern al
reven u e ta xes. T h e N a tion a l C ity B ank ea rly in th e m on th
sold ch e ck s o r dem and drafts u pon its fo re ig n cred its, p la c­
in g th ereon o n ly a tw o -c e n t stam p, th e sam e as on a dom es­
t i c ch e ck , a n d thus w as able to u n dersell oth er draw ers.
B u t on th e 6th a ru lin g o f the In te rn a l R even u e D epa rtm en t
w as pu blished d e cla rin g th a t ord ers d ra w n in th e U n ited
States, p a ya b le in fo re ig n cou n tries, th o u g h in th e fo r m of
ch eck s, w e re s u b je ct to a ta x o f fo u r ce n ts on ea ch $100 or
fra ctio n th e re o f, and th erea fter th e C ity B a n k co n fo rm e d
to this ru lin g . T he n e x t m on th , h ow ev er, th e ord er was
reversed. F or fu ll details see C h r o n ic l e o f N ov. 5, 1898,
page 920. T h e cou rse o f e x ch a n g e w as d ow n w a rd . A c t u a l
business at th e b e g in n in g o f th e m o n th w as a t 4 8 4 % @ 4 8434
fo r lon g , 4 85% @ 4 86 fo r short and 4 85 % @ 4 86% fo r cable
tran sfers; b y th e 12th th ere h a d b een an a d v a n ce to 4 84% @
4 84% , 4 86<g4 86% and 4 8 6 V @ 4 86% . respectiv ely , w hile"at
the close rates w ere 4 83%'<i4 83% fo r lon g . 4 S5@4 85% for
short a nd 4 85%4 85% fo r ca b le tran sfers.
On th e 27th
£10.000 go ld w as en ga ged in L o n d o n fo r sh ip m en t to th e
Un ited States,th is being’ th e resu m ption o f th e im p ort o f t-hat
m etal. The B ank o f E n g la n d lost a b o u t £3.250.000 b u llion
b etw een June 30 a nd J u ly 28 (in pa rt due to a d rain to th e
in terior o f G reat B rita in , in p a rt t o a drain to th e C o n tin ­
e n t), and th e open m arket d iscou n t rates in L on d on ad
vanned to 1 % @ 1 % per cen t. A t Paris th e rate a t th e close
w as 1% @ 1% and a t B erlin a n d F r a n k fo rt 3 % @ 3 % per cen t.
The price o f silver again te n d e d d o w n w a rd , a nd th e q u ota ­
tion J u ly 30 w as 27 )-16d., a ga in st 27 5-16d. Ju n e 30.

J akuaby 7, 1899.]

l'HE CHRONICLE.

IB

Foreign Exchange, Silver, E tc. —T h e a c tio n o f th e C om m is­ o f m o n e y a n d th e fa ilu re o f th e M ilw a u k ee & St. P a u l
sio n e r o f In te rn a l R e v e n u e in re v e rs in g h is r u lin g o f th e d ire cto rs to in crea se th e d iv id e n d o n th e co m m o n shares
p re v io u s m o n th w ith re fe re n c e t o th e s ta m p in g o f ch e ck s w ere th e m o v in g cau ses, a n d la ter th e violent, b re a k in
d r a w n o n fo re ig n b a la n ce s w as an im p orta n t in flu en ce in severa l o f th e in d u stria l shares u n fa v o ra b ly a ffe cte d th e
th e e x ch a n g e m a rk e t. H e n o w d e c id e d th a t o n ly a tw o - m a rket. A m e rica n T o b a c c o c o m m o n d ropped fr o m 153%
c e n t stam p w as re q u ire d . T h e e ffe c t w a s a r e d u ctio n in on th e 19th t o 125 on the 29th, “ S u g a r” co m m o n fr o m 145%
th e sigh t rate fo r b a n k ers’ s te r lin g o f on e -q u a r te r o f a c e n t on th e 1st to 116% °** th e 20th a n d U . S. R u b b e r co m m o n
o n th e 9th. T h e te n d e n c y o f th e e x c h a n g e m a rk et w as u p­ fro m 47% on th e 16th to 35% on th e 30th. St. P a u l co m m o n
w ard th e first h a lf o f th e m on th . O n th e 1st ra tes fo r d e c lin e d fr o m 115 (8th ) t o 106 (30 th ), R o c k Isla n d fro m
a ctu a l business w e re 4 83%<34 83% fo r s ix ty -d a y bills, 4 85@ 105*4 (1st) to 99% (3 0 th ), e tc. The C an ad ian P a cific a c ­
4 35% fo r sig h t a n d 4 S o t ,@ 4 So1] f o r ca b le tra n s fe rs. B y ce p te d a d ecision o f th e In ter-S ta te C om m erce C om m ission ,
the 15th th ere h a d b een an a d v a n ce t o 4 84(34 84 % , 4 85*4 a; d e c la r in g it n o t en titled to a d ifferen tia l on passenger b u si­
4 85?4 and 4 86@4 86'4 re s p e ctiv e lv . T h e firm n ess o f the ness, a n d th e passenger ra te w a r a m o n g th e tr a n s -c o n tin e n ­
m o n e y m a rk et h ere th e n began to e x e rt som e in flu en ce a n d tal lin es w a s en d ed . F re ig h t rates in n e a r ly a ll p a rts o f th e
pu rch ases o f A m e rica n s ecu rities on fo re ig n a c c o u n t a lso co u n try w ere m u c h d istu rb ed .
T he A tch is o n m an agers
te n d ed to w ea k en ra tes, so th at b y th e 31st th e rates w ere d ecla red th e fu ll 4 per c e n t on th e a d ju s tm e n t in com es.
d o w n t o 4 8244(34 8 8 % , 4 8444(34 85 a n d 4 85*4(34 85*4. The B a ltim ore & O hio sh a rp ly a d v a n ce d . Jam es J. H ill a cq u ired
re n e w e d d em a n d fo r g o ld on A m e rica n a c c o u n t a d v a n ce d an in terest in th e p rop erty . The n e w U n io n P a c ific d e ­
th e d is co u n t rate in L o n d o n to 1% p er c e n t. A t Paris th e cla re d 1*4 p er ce n t on its p referred stock . T he N orth ern
rate at th e clo se w as 1% @ 1.% p e r c e n t a n d at B erlin and P a cific b oa rd set aside §3,000,000 o u t o f surplus in co m e as a
F ra n k fo rt 3*4(33% p e r cen t, Spain co n tin u e d a p r e tty reserve t o en su re th e m a in ten a n ce o f d iv id e n d s on the pre­
s tr o n g b u y er o f stiver, and th e p rice in L on d on a d v a n ce d ferred shares. A re ce iv e r w as a p p oin ted fo r th e D e tro it &
fr o m 27 l-1 6d . on th e 1st to 8 7 % d. on the 31st.
L im a N orthern . A co m m itte e w as a p p oin ted fo r th e re
org a n iza tion o f th e N ational L in seed Oil. T h e n e w shares
S E P T E M B E R ,— Ourrent Event it.— T h e in flu en ce o f m ost o f the G eneral E le ctric C o., rep resen tin g th ree fifth s o f
im p o rta n ce d u rin g th is m on th w as th e c o n d it io n o f the the old shares, w ere listed.
The F ed era l S teel C o.,
m on ey m a rk e t; co n sid e ra b le app reh en sion e x is te d on a c ­ w ith a u th orized ca p ita l o f §200,000,000 (present issue $98,c o u n t o f th e a b so rp tio n o f cash b y th e T reasu ry th rou gh 600,000) w as fo rm e d to con solid a te the M in nesota Iro n Co.,
th e pa ym en ts f o r th e n ew G ov e rn m e n t loa n , a nd on th e Illin ois S teel Co. a n d th e E lg in J oliet & E astern R R .
a cco u n t also o f th e e n la rg ed d em a n d fro m th e in terior.
The Money Market. T he flo w o f m o n e y t o th e in te rio r and
T he fears o f s tr in g e n c y , h o w e v e r, p r ov ed grou n d less. R ates the a b sorp tion o f ca sh b y th e T reasu ry ca u sed a sharp de­
d id a d v a n c e , but th e T reasu ry to o k steps to preven t fu r­ clin e in th e surplus reserve o f th e C lea rin g H ouse b an ks the
th e r a ccu m u la tio n s in G o v e rn m e n t vau lts, a n d this and first h a lf o f th e m on th (th e a m o u n t on th e 17th b e in g r e ­
th e go ld im p orts (th e n et in flow at N ew Y o r k w as §9.777,109 p orted at o n ly §4,240,400), b u t the la st h a lf, w ith g o ld co m ­
a n d fo r th e w h ole c o u n t r y §13,705,531) ch a n g e d th e situ a ­ in g from E u rope, w ith m o n e y also c o m in g o u t o f th e T reas­
tion ; b y the e n d o f th e m on th ca u se fo r u neasiness h ad d is­ u ry, and w ith a cessa tion for th e tim e b e in g in th e d em a n d
a ppeared. T h e in terest du e O cto b e r 1 (§5,596,000) w as a n ­ from th e in terior, th e situ a tion ch a n g e d , a n d fea rs o f possi­
ticip a te d , a n d n o tic e w as g iv en th at th e $14,004,560 o f P a c ­ ble s tr in g e n c y van ish ed . W e h av e referred a b ov e to th e
ific R ailroad c u r r e n c y fis m a tu rin g J a n u a ry 1, 1899, w ou ld steps ta k en b y th e S e cre ta ry o f th e T reasu ry to p rev en t
be prepaid less a reb a te o f o n ly o n e -h a lf o f on e p er c e n t, fu rth er a ccu m u la tio n s in G ov ern m en t va u lts a n d th e success
th ou gh n ot q u ite a m illio n dollars w a s presen ted fo r red em p ­ a tte n d in g th e effo rt. The m o n e y h o ld in g s o f th e C lea rin g
tion u n d er th e offe r. T h e m o s t e ffe c tiv e step , h ow ev er, w as H ouse banks d e clin e d fro m §203,088,500 S ep tem ber 3 to
th e in cre a sin g o f th e G o v e rn m e n t dep osits in th e n ation a l §132,237,390 S ep tem b er 17, b u t b y O ctob er 1 w ere u p again
banks. On O ct. 1 th e dep osits w ere §80,888,712, aga in st $65,- to §190,859,200, w hile the surplus reserve rose fro m $4,240,968.467 S ep t. 1. A s a result cash in Sub-T reasu ries in crea sed 400 to §15,327,150. D eposits w ere §702.138,200 O ctob er 1,
d u r in g th e m o n th o n ly §1,735,703. T h e p a ym en ts on a c c o u n t again st §752,389,800 S ep tem b er 3, and loans $635,572,800,
o f th e b o n d su b scrip tion s w ere a b o u t 31 m illion dollars. aga in st §672,173,900. Call loans on the S to ck E x ch a n g e did
N a tion a l b ank c irc u la tio n in crea sed d u rin g th e m on th n ot g e t a b ov e 6 per c e n t, a n d to u ch e d th a t rate o n ly on the
§8.178,335. Business re v iv a l c o n tin u e d , th o u g h th ere w ere 20th and th e 28th. O a th e 20th also som e fe w o f th e banks
som e u n sa tisfa cto ry featu res, p a rticu la rly in th e d r y g o o d s and trust com p a n ies o b ta in e d th e sam e ra te o v e r th e co u n te r
tr a d e . P rin t clo th s drop p ed from 2 1-16 ce n ts per ya rd to on n ew b usin ess a n d m arked s ta n d in g loans up t o 5 per
2 ce n ts . R a w c o tto n to u ch e d 5 5-16 ce n ts per p ou n d , b u t c e n t. T h e re a fte r th e te n d e n cy w a s d ow n w a rd , th e a d va n ce
re co v e re d to 5 7-16 ce n ts . W h e a t sharply a d v a n ce d on a to 6 per c e n t a g a in on th e S to ck E x ch a n g e on th e 26th h a v ­
g o o d e x p o rt d e m a n d , b ut su b seq u en tly re a cte d . T he n om ­ in g been w h o lly e x ce p tio n a l a n d tem p ora ry . A t th e close
in a tin g c o n v e n tio n s o f th e tw o p o litica l p a rties fo r the fa ll ca ll loans w-ere 3 3 4 per c e n t; tim e m o n e y w a s 3 % p er ce n t
e le ctio n s a ttra cte d a tte n tio n ; in som e o f th e E astern States, per a n n u m fo r s ix t y to n in e ty d a y loans, 3 % @ 4 fo r fo u r a n d 4
n o ta b ly N e w Y o rk , th e D e m o cra tic P a rty ig n ored th e C h i­ per c e n t fo r five to six m on th s. C om m ercia l paper closed at
c a g o p la tfo rm a n d th e s ilv e r issue. N ew oases o f y e llo w fev er 3 % i8 4 % for s ix t y t o n in ety d a y d ou b le n am es a nd 4 @ 4 % for
d e v e lo p e d in M ississippi a n d L ou isia n a , and so m e o f the prim e am i 5(o6 fo r g o o d fou r to s ix m on th s sin g le nam es.
Foreign Exchange, Silver, Etc .— In flu en ced b y th e firm ness
S o u th e rn S tates e n fo r c e d q u a ra n tin es a ga in st N ew O rleans.
T h e Spanish C ortes g a ve its a p p rova l to th e term s o f the o f th e m oney' m a rk et, foreig n e x ch a n g e w as w ea k a n d rates
for sterlin g fu rth er d e c lin e d . T h is m ad e g o ld im ports p r o fit­
peace p ro to co l. T h e A m erica n m em b ers o f th e P ea ce C om
m ission sailed fo r E u rope; J u d g e D a j, b e in g a m e m b e r o f the able a n d en g a g em en ts w ere ■ a n n ou n ced b y houses like
b o d y , resign ed as S e cre ta ry o f S ta te, a n d w as s u cceed ed b y B row n B rothers, w h ich ra rely b r in g g o ld ou t. O n th e 22d
J oh n H a y , th e A m e rica n A m b a ssa d or to E n gla n d . A W a r the B ank o f E n g la n d raised its d is co u n t rate fr o m 2 % to 3
In q u iry B oard o f n in e m en w as a p p o in te d b y P resid en t p. c . In th e open m a rk et, L o n d o n , d iscou n ts a t th e close w ere
M cK in le y to in v e s tig a te the ch a rg es o f m isc o n d u ct and 2 % (3 2 38 per ce n t, a ga in st 1% a t th e op en in g. A t P aris the
m ism a n a g e m e n t m ad e a g a in st th e W a r D ep a rtm en t. A open m arket rate rem ain ed a t 1% per cen t, b u t in B erlin a n d
re c e iv e r w a s a p p o in te d fo r th e N ew E n glan d Loan & Trust F ran k fort th ere w as an a d v a n ce to 3 % @ 4 per c e n t. P rices
C om p a n y . A u c tio n sales o f w ool on th e W o o l E x ch a n g e fo r ste rlin g e x ch a n g e on a ctu a l business w ere 4 8 2 % @ 4 83%
in this c it y w ere suspended b eca u se o f u n s a tis fa cto ry r e ­ fo r six ty -d a y bills, 4 84)4(34 85 fo r sigh t, a n d 4 8 5 % @ 4 85%
sults. A b ro a d th e d e v e lop m en ts w ere o f unusual im p ort­ for ca-bli. tran sfers on th e f ir s t ; the d eclin e w as con tin u ou s
a n c e . In th e D re y fu s ca se, M. C a v a ig n a c, M in ister o f W a r up to th e 23d, w h en rates w ere o n ly 4 81(34 81% , 4 8 3 % @
t 84 am i 4 84*4(3 4 84% re s p e ctiv e ly ; a re a ctio n a fte r th a t
in th e Brtsson C a b in e t, resign ed because he w as opposed to
revision . H e was s u cce e d e d b y G en era l Z u rlin d en , M ilitary b rou g h t the figures at the close up t o 4 81%<34 81 % , 4 84@
G o v e rn o r o f P aris, w h o su b seq u en tly h im s e lf resign ed be­ 4 84% a nd 4 8-1%(3 4 84% . T he rise in silver co n tin u e d and
ca u se he did n o t fa v o r revision . N everth eless, th e revision th e price in L on d on w as 28% d. Sept. 30, again st 28% d.
jio licy fin a lly triu m p h ed and th e m a tter w as referred to th e
A u g u s t 31.
co u rt. A crisis in th e a ffa irs o f C rete w a s p recip ita ted b y
O C T O B E R .— Current Events.— T h e serious co n d itio n o f
a ris in g o f th e M ussulm ans at C an d ia and th e ir m assacre o f
C h ristia n s a n d B ritish soldiers. In th e S ou dan th e B ritish European p o litica l a ffa irs b eca m e an im p orta n t in flu en ce
lu r in g th is m on th . T he d ifferen ces b etw een F ra n ce and
am i E g y p tia n e x p e d itio n , u n der S ir H erb ert K itch en er,
a ch ie v e d a g re a t v ic t o r y o v e r th e fo r c e s o f the K h a lifa , and E n gla n d c o n c e r n in g Fashoda th rea ten ed w ar. The B ritish
re-ca p tu red K h a rto u m , w h ere G en . G ord on w as assassinated G o v ern m en t insisted on th e u n co n d itio n a l w ith d ra w a l o f
in 18 . 5 . A t F a sh o d a , several h u n d red m iles south o f K h a r ­ th e F ren ch fo r c e u n der M a jor M arch and. L ord R osebery,
8
to u m , a F ren ch fo r c e u n der M a]or M a rch a n d w as fou n d in in a speech on the 12th, and the. D uke o f D evon sh ire and
te rrito ry cla im e d b y th e B ritish. T h e F ren ch refu sed to Sir M ichael H ick s-B ea ch , C h a n cellor o f th e E x ch eq u er, in
retire, a n d the m a tte r su b seq u en tly assum ed a seriou s p u b lic speech es on the 18th a n d 19th, w ere a ll eq u a lly e m ­
a sp ect.
In C h ina Li H u n g C h an g, w h o had been very p h a tic on th is poin t. N aval and m ilita ry preparations in
part ial t o R u ssia, w as dism issed from p o w e r ,a n d th e Chinese b oth F ra n ce a n d E n gla n d p roceed ed on an ex ten sive scale.
E m peror a n n o u n ce d a rem ark ab le series o f in n o v a tio n s a n d M ean w h ile th e d om estic situ a tion in F ra n ce h ad b ecom e
d om e stic r-fform s. S o o n , h ow ev er, th e D o w a g e r E m press v e ry th rea ten in g. E a rly in th e m o n th a strik e o f the la b or­
g a in e d th e u pper h an d , th e E m peror w as k ep t in seclu sion , e r s ’ in th e b u ild in g trad es in Paris assum ed a la rm in g p r o ­
Li H u n g C h a n g restored t o fa v o r a n d th e r e fo rm s rescin d ed . p ortion s. S im u lta n eou sly p u b lic m a n ifesta tion s again st the
A n A n g lo G erm an en ten te was re a ch e d c o n c e r n in g m atters G ov e rn m e n t’s p o licy in fa v o r in g a rev ision o f th e D reyfu s
case a d d ed to the dan gers o f th e situ a tion . The labor
in S o u th w e st A fr ic a a n d in v o lv in g a join t loan to P ortu g a l
by
the
17th, b u t th e F ran coto m eet the a w a rd o f th e Sw iss a rb itra tors re g a rd in g the d ifficu lty w as o v e r
D elagoa R a ilw a y. T he rela tion s b e tw e e n Russia a n d E n g­ E n glish d ifficu lty g re w stea d ily m ore serious. On th e 24th
an o u tb rea k o f h ostilities b etw een th e tw o cou n tries a p ­
land lik ew ise seem t o h av e ch a n g e d fo r the b etter.
ttattroad Events and Stock Exchange. Matters.—
-The s to ck peared im m e d ia te ly im m in e n t ; E n glish con sols fe ll a fu ll
m a rk e t w as w eak. A t first fears w ith regard to th e fu tu re p oin t and F re n ch ren tes d eclin ed in an equ ally om inou s

14

THE CHRONICLE.

w a y : ou r fore ig n e x ch a n g e m a rk et sh a rp ly a d v a n ced and
th e price o f w h ea t spurted u pw a rd. O n th e 25tli th e t r e n c h
C h am b er o f D eputies m et and in trod u ced n e w d is tu rb in g
e le m e n t s ; G en. C h an oin e. the M in ister o f W a r, in a passion
ten dered his resign ation to th e C h am ber w ith o u t n o tice to
his collea gu es. Later M. Brisson, th e P rem ier, fa iled t o se­
cu re a vote o f co n fid e n ce , and th e w h ole C a b in et fe ll.
A fte r th a t, h ow ev er, a turn fo r th e b e tte r o ccu rre d , a n d th e
p u b lic fu n d s sharply recovered . On th e 29th th e C ou rt o f
Cassation in Paris d e cid e d to g ra n t a revision in th e D rey fu s
case. On th e 31st a n ew M in istry w a s form ed u n d er M.
D upuy, w ith M. de F rev cin et as M in is te ro f W a r. The m on ­
eta ry situ ation a b roa d w as likew ise m u ch distu rbed , lea d ­
in g to a d v a n ce s in th e b a n k rates at B erlin , V ien n a , L on d on
and Paris, as narrated b elow . In th e pea ce n eg o tia tion s at
Paris th e on ly d ev elop m en ts w ere th e refu sa l o f th is co u n try
to assum e the C uban d e b t and th e form a l a n n o u n ce m e n t
on the 31st that ou r G ov ern m en t had d ecid ed to ta k e th e
w hole o f tlie P h ilip pin e grou p. T rade here w as quiet. Sev
eral large in du stries, n ota b ly c o tto n good s, w oolen good s,
leath er, and a n th ra cite coa l, w ere in an u n s a tis fa cto ry
state. In a ll o f th em a p o lic y o f restriction w a s u n derta k en .
The F all R iv e r p rin t-clo th m a n u fa ctu rers n o t on ly a greed to
cu rta il ou tp u t, b u t en tered in to a plan fo r p o o lin g surplus
sto ck s u nder th e c o n tro l o f a sellin g co m m itte e o f tw o tr u s ­
tees ; th e p rice o f prin t cloth s, w h ich had dropped to 1 15-16
ce n ts per ya rd , w as a d v a n ced to 2 cen ts. T h e co tto n m ills
in A u gu sta, G a., a n n ou n ced a re d u ctio n a v e ra g in g 10 per
ce n t in the w ages o f th eir operatives. R a w c o tto n co n tin u e d
to ru le lo w , clo s in g at 5 5-16 ce n ts fo r m id d lin g u plands.
A n a ctiv e exp ort dem and cau sed an im p rov em en t in th e
p rice o f w h ea t, a n d later the E uropean w a r sca re a c te d as
a fu rth er stim ulus: ca sh w h ea t in N ew Y o r k a d v a n ced fro m
73% O cto b e r 1 t o 80% O ctob er 24, a n d closed a t 76% ce n ts
O cto b e r 31. The y e llo w fe v e r situ a tion in th e S ou th (m ore
p a rticu la rly M ississippi) w as serious u n til fro s t ca m e, w h en
m a n y o f th e quaran tin e re s trictio n s w ere rem oved . T he
gold reserve in th e U n ite d States T reasu ry rea ch ed $245,063,795 on th e 7tli. G o v ern m en t deposits in the n a tion a l
b an k s w ere fu rth e r h e a v ily in crea sed, a n d stood at $80,838,712 on O cto b e r 1 and a t $95,014,970 O ctob er 31. O n ly a fe w
m illion s on th e $200,000,000 loan rem ain ed t o b e pa id at th e
close o f th e m on th . T h e final a llotm en t o f bon d s u n der this
loan w a s m a d e on th e 17th. A t V ird e n , 111., on the 12th, a
co n flic t o ccu rre d b etw een strik in g c o a l m in ers a n d the
gu a rds a nd ra ilroa d p o lice u pon a train b rin g in g im ported
n e g ro laborers, and 14 m en w ere k ille d a n d 25 w ou n d ed .
T he T rad esm en ’s N a tion a l B ank o f th is c it y (w h ich h ad
been iden tified w ith th e W o o l E x ch a n g e , & c .) , a fter an e x ­
am in ation b y a C lea rin g H ouse C om m ittee, was ob lig ed to
close its doors o n O ctob er 4. The T iog a N a tion a l B ank o f
O w ego, o f w h ich Thom as C. P la tt w as P resid en t, suspended
beca u se o f a d e fa lca tion o f one o f its officers.
bailrcad Events and Stock Exchange Matters.— The stock
m a rk et w a s irregu la r, b u t evin ced stren gth . E v id en ce o f
th is w as furn ished on th e 24th, w h en th e E u ropean p olitica l
and finan cial situ ation w as so m u ch distu rb ed , as m en tion ed
a b o v e , w ith con sid era b le sales h ere fo r fo re ig n a cco u n t, and
w hen sim u lta n eou sly the U . S. Suprem e C ou rt declared the
J oin t Traffic A ssocia tion illega l. T he m a rk et on ly show ed
tem porary w eakness, w h ich th e n e x t d a y disappeared. The
featu res o f stren gth w ere th e fa v o ra b le retu rn s o f earnings
o f th e g ra n g e r roads a nd a g r o w in g b e lie f th a t th e N ov em ­
ber ele ctio n s w ou ld be fa v ora b le to soun d m on ey. D eal­
in gs w ere n ot large ou tside th e in d u stria l shares, in w h ich
th e flu ctu a tion s co n tin u e d erratic. A m e rica n T o b a cco c o m ­
m on sold u p fro m 111% O ct. 17 to 143% O ct. 31, and A m e ri­
ca n S u gar R efin in g co m m o n , on a c u t in th e p rice o f sugar
as th e result o f co m p e titio n w ith A r b u c k le B ros., sold d ow n
from 118% on th e 4th t o 108)4 on th e 13th; the dealin gs in
these tw o stock s a m ou n ted to 2,692,781 shares ou t o f to ta l
sales o f 7.463,383 shares. T h e a n th ra cite co a l shares w ere
w ea k alm ost all th rou gh th e m o n th on th e bad co n d itio n o f
th e a n th ra cite trad e. L a k e E rie & W estern preferred d e­
clin e d sharply o n ru m ors su g g estin g d o u b t as to th e d eclara ­
tion o f th e n e x t div id en d , b u t r e c c -^ r e d w h en th e usual
d iv id e n d w as a n n ou n ced . The A tch ison com p leted n e g o tia ­
tion s fo r th e a cq u isition o f th e San F ran . & San Joaquin V a l.
RR. D elaw are & H udson d e cid e d to d iscon tin u e u sin g
its g ra v ity road b etw een C arbondale a n d H onesdale,
P a ., fo r co a l business, a n d sold its h old in g s o f R u t­
land _ sto ck .
A rb itra to rs ru led aga in st th e C anadian
P a cific on its cla im fo r d ifferen tia l rates on tra n s­
co n tin e n ta l fre ig h t traffic. T he P h iladelp h ia R ea d in g &
N ew E n glan d w as sold a t fo re clo s u re : also th e O hio S ou th ­
ern. T he U n ion P a cific D en v er & G u lf reorg a n iza tion
plan w as su b m itted .
T h e q u a rterly d iv id e n d on G reat
N orthern R a ilw a y w as in crea sed fro m 1% t o 1 % per cen t.
The U. S. Suprem e C ou rt d ecid ed th a t th e K ansas C ity L iv e
S to ck E x ch a n g e w as n ot in v iola tion o f th e A n ti-T ru st la w .
The L ittle R o ck & M em phis w as sold a t fore clo s u re a n d
passed to the C h octa w O klah om a & G u lf. T he U n ited States
R u b b e r Co. listed $4,125,000 a d d ition a l preferred anil $3,500,a d d ition a l co m m o n t o p a y fo r th e p u rch a se o f th e B oston
R u b b e r S h oe Co.
The Money Market.— E v e ry th in g te n d e d to cau se a retu rn
o f ease in m o n e y . T h ere w ere fu rth e r g o ld arrivals fr o m
Europe and som e from San F ra n cisco b y m a il; th e G overn
m e e t add ed o v e r 14 m illion dollars to its dep osits in th e
n a tio n a l banks, besides w h ich its disb u rsem en ts ran h e a v ily
in excess o f its receip ts, w h ile the fu rth e r p a y m en ts in to

[Vol. LXVIH.

th e T reasu ry on th e G o v e rn m e n t b o n d su b scrip tion s w e re
co m p a ra tiv e ly s m a ll: th e la tte r p a rt o f th e m o n th th e
in terior flow o f cu r r e n c y w as stro n g ly th is w a y . T he m o n e y
h old in g s o f ou r C lea rin g H ouse b a n k s in crea sed fr o m $190,859,200 O ct. 1 t o $216,485,100 O ct. 29, a nd th e surplus reserve
fro m $15,327,150 to $26,091,550.
D eposits ex p a n d e d fr o m
$ 70 2 , 128 ,2 0 0 t o $761,574,200, a n d loa n s fr o m $635,572,800 to
$667,232,600. C on d ition s a b roa d in d u ce d co n sid e ra b le b o r ­
r o w in g on s te rlin g e x ch a n g e as co lla te ra l. A t th e clo se
rates fo r ca ll m on ey w ere 1 % @ 2 per c e n t, w h ile b a n k s and
tru st com p a n ies q u oted 2 per c e n t; b usin ess in tim e c o n ­
tracts w as sm a ll at 2% fo r s ix t y t o n in e ty da ys, 3 fo r fo u r t o
five m on th s a n d 3 @ 3 % fo r s ix m on th s. C o m m e rcia l paper
closed a t 3 % @ 3 % fo r d o u b le n a m es a n d 3 % @ 4 % fo r p rim e
a n d 4% (g5 fo r g o o d sin g le n am es.
Foreign Exchange. Silver. E tc .— T he m o n e ta r y situ a tion
a b roa d co n tro lle d th e cou rse o f e x c h a n g e ra tes. A t th e
G erm an fin a n cia l cen tres, w h ere th e m o n e y m a rk e t h ad
been d istu rb ed fo r som e tim e , th e s tr in g e n c y in crea se d , a n d
on th e 10th th e B ank o f G e rm a n y a d v a n ce d its d is co u n t
ra te fr o m 4 t o 5 per cen t. T h e A u stro -H u n g a ria n B a n k p u t
up its rate fro m 4 to 4 % p er c e n t, w h ile on th e 13th th e
B a n k o f E n g la n d raised its m in im u m fr o m 3 to 4 per c e n t.
On th e 20th th e B a n k o f F ra n ce also m a d e a ch a n g e fo r th e
first tim e sin ce M a rch , 1895, in cre a s in g its ra te fr o m 2 to 3
p. c . A t th e close th e open m a rk e t d is c o u n t ra tes w e re 3%
in L o n d o n , 4 % in B erlin , 4 % in F r a n k fo rt a n d 2% p. c . in
P aris. These co n d itio n s k ep t th e ste rlin g e x c h a n g e m a rk e t
stron g. F o r a ctu a l b usin ess ra tes op en ed o n th e 1st at
4 8 1 % @ 4 81% fo r s ix ty d a y b a n k ers' b ills, 4 84@4 84% fo r
sight" and 4 84%<34 84% fo r ca b le tra n sfers. T h e m a rk e t
h a rden ed on ly slig h tly u n til a b o u t th e 20th, w h en th e u p ­
w a rd m o v em en t b e ca m e p r o n o u n ce d : on th e 24th th e
p a n ick y co n d itio n s a b roa d ca u sed a sharp fu r t h e r a d v a n ce
(ca b le tran sfers th a t d a y ris in g fu lly 1% c e n t s ), a n d o n th e
m o r n in g o f th e 25th ra tes w ere ev en h ig h e r, sales th e n
b e in g rep orted a t 4 8 2 % fo r s ix ty d a y b ills, 4 86% fo r s ig h t,
a n d 4 87% f o r ca b le tran sfers. A f t e r th a t m ore rea ssu rin g
a d v ice s fro m E u rope ca u sed a re a ctio n , b u t a t th e close
rates w ere still 4 8 2 % @ 4 82 % , 4 8 5 % @ 4 8 5 % , a n d 4 8 6 % @
4 86% . resp ectiv ely . T h e p r ice o f silv er in L o n d o n w e a k e n e d
a n d th en stren g th en ed a g a i n ; it w a s 28 3-16d. O ct. 1,
27 9-16d. O ct. 13 a n d 28% d. O ct. 31.
N O V E M B E R .— Current Events.— A g rea t stim u lu s t o b u si­
ness a c t iv it y a n d t o S to ck E x ch a n g e sp e cu la tio n w a s g iv e n
b y th e resu lt o f th e n a tio n a l election s. T he retu rn s s h o w e d
th a t th e R e p u b lica n or sou n d m o n e y p a r ty w o u ld n o t o n ly
retain its h old on th e H ou se o f R ep resen ta tiv es in th e n e x t
C on gress, b u t a ft e r M a rch 4, 1899, w o u ld have su ch a la rg e
m a jo r ity in th e U n ite d States S en ate th a t th e r e a fte r th e
silv er o b s tru ctio n is ts in th a t b o d y w o u ld b e sh orn o f th e ir
p o w e r t o b lo c k fin a n cia l le g is la tio n . A b ro a d , also, th e o u t­
look im p rov ed . T h e n e w F re n ch M in istry d e c id e d to re ca ll
th e M a rch a n d m ission fr o m F a sh oda , a n d a p p reh en sion s o f
tro u b le b e tw e e n F ran ce a n d G rea t B rita in disap peared.
A n o th e r possible sou rce o f d is tu rb a n ce a m o n g th e E u rop ea n
n ation s w as rem o v e d th ro u g h th e fu lfilm e n t o f th e p le d g e
o f th e g rea t P o w e rs o f a u to n o m y t o th e p eop le o f th e Isla n d
o f C rete. O n th e 14t,h th e la st T u rk ish sold iers le f t th e
island , a n d su b seq u en tly P r in ce G eorg e o f G reece assu m ed
office as H ig h C om m ission er o f th e P ow ers. T he p ea ce n e ­
g o tia tio n s b e tw e e n th e U n ite d S tates a n d Spain d r a g g e d ,
b u t fin a lly eventuated" in d efin ite assu ran ce o f p ea ce. A t a
m e e tin g o f th e P e a ce C on gress on th e 4th . th e Spanish
C om m issioners r e je c te d th e p rop osition o f th e U n ite d S ta te s'
to ta k e th e e n tire P h ilip p in e g rou p , e v e n th o u g h S p ain
be reim b u rsed fo r ce rta in " p a c if ic ” e x p e n d itu re s m a d e b y
h er. O ut o f th is rep orts o f a p ro b a b le ru p tu re a rose, b u t
th e y fo u n d a c c e p ta n c e o n ly b y " b e a r ” op erators o n th e
S to ck E x ch a n g e . A t a m e e tin g o f th e C on gress on th e 21st,
fo rm a l a n n o u n ce m e n t w as m a d e th a t th e U n ite d S ta tes
w o u ld in sist on th e cession o f th e isla n d s (S pa in t o re ce iv e
$20,000,000) a n d N o v e m b e r 28th w as fix e d as th e d a te fo r a
defin ite rep ly. On th a t d a te Spain a c c e d e d t o th ese te rm s,
b u t u n d er protest. In G e rm a n y th e fin a n cia l s itu a tio n c o n ­
tin u ed a cu te , and th e Im p eria l B a n k o f G e rm a n y , as n o te d
b e lo w , raised its d is co u n t ra te t o 6 p er c e n t, th e h igh est
p o in t rea ch ed s in ce th e P a ris fin a n cia l crisis in 1882. E lsew h ere in E u rope, h ow ev er, th e e ffe cts o f th is a c tio n w ere
sligh t. T h e c o a l strik e a t th e V ird e n m in es in Illin ois ca m e
t o an en d , th e C h ica g o -V ird e n C oal C om p a n y a g r e e in g to
p a y th e S ta te scale o f 40 ce n ts a to n . T h ere w ere la rg e sales
o f p rin t cloth s, a n d w ith sh orten ed p r o d u c tio n s to ck s w ere
h e a v ily re d u ce d ; p rices a d v a n ce d fr o m 2 t o 2 1-16 ce n ts .
B lea ch ed co tto n s a b o u t th e m id d le o f th e m o n th w e re re ­
d u ce d % c e n t, to th e lo w e s t fig u re on re c o r d , b u t la ter, w ith
th e g en era l im p ro v e m e n t in th e d r y good s tra d e, part o f th e
loss w as re co v e re d . R a w c o t to n also a d v a n ce d , a n d m id ­
d lin g u p la n d s closed a t 5 9-16 ce n ts per p o im d , a g a in st 5 5-16
ce n ts O ct. 31. A t A u g u s ta , G a ., th e o p e ra tiv e s stru ck a g a in st
th e r e d u ctio n in w a g es d e te rm in e d on th e p rev iou s m o n th .
T h e p r ice o f refin ed sugar w as a d v a n ce d 5 16 c e n t per p o u n d ,
to 5 5-16 cen ts, w ith su b seq u en t re a ctio n t o 5' 18 cen ts. On
th e 26th a n d 27th a b lizz a rd passed o v e r th e N orth A t la n t ic
States a n d crea ted g re a t h a v o c, besides seriou sly in te rru p t­
in g tra ffic. A m o n g th e disasters w a s th e fo u n d e r in g o f th e
sid e-w h eel stea m er P o rtla n d , b ou n d fr o m B oston t o P o r t­
la n d , w ith th e loss o f all on b oa rd . T he W o o l E x ch a n g e
o f th is c it y w as reorg a n ized in d e p e n d e n t o f th e M a cn au gh ta n b roth ers, a n d resu m ed b usin ess, b u t w ith th e

J a . 'Uahy 7, 1899.J
n

THE CHRONICLE,

a u ctio n sales elim in ated. S en ato r Thom as C . P la tt's Tioga
b a n k also reopened its doors.
Railroad Events and Stock Excha- ae M atters — G reat
b u o ya n cy developed on th e Sto ck E x ch a n g e as the resu lt of
th e'electio n s, a n a t ransactions w ere on a large scale— the
sto c k sales 11,004,Obi shares, the bond sales $104,830,720.
A m o n g th e n ew sp ecu lative fav o rites A tch iso n w as promin en t and th e p referred stock advan ced fro m 35*4 to 47%.
and the com m on from 1214 to 17.
A drive w as made
a g a in st D elaw are & Hudson, w h ich dropped to 93, b u t the
la tte r part o f the m onth even th e a n th racite properties
shared in the rise. The P acific roads’ stocks fell off o cca­
sio n ally on reports o f differen ces b etw een the vario u s com ­
panies as regards proposed extensions.
T he B altim ore &
O hio reorgan ization com m ittee bought the first preferred
s to c k held b y th e Johns H opkins u n iv e rs ity an d others,
re m o v in g
the o n ly obstacle to the reo rgan izatio n ,
and the secu rities sh arp ly advanced, C h icago & A lto n
spurted up from 13114 to 167. on report o f a probable sale of
tne road; Bur. & Q uin cy sold up from 114ys to 120%. North
W e st, com m on from 131 to 142, L o u isville & N ashville from
56*4 to 63%, th e higher prices b ein g a ll m ade the
last ten days. T he A m erican C o tto n O il Co, declared its
first dividen d (3 per cent) on the com m on stock.
The
P a cific Mail d ividen d w as in creased. The A tla n tic Coast
L in e Co. distributed 100 per ce n t in stock. The C o n tin en tal
T obacco C o., w ith authorized ca p ita l o f $75,000,000 (present
issue $60,000,000) w as form ed; also th e In tern a tio n a l S ilv er
Co., w ith $20,000,000 ca p ita l. The L ebanon S p rin gs B y . w as
acquired in th e in terest o f th e n ew purchasers o f th e R u t­
land. The N Y . C ourt o f A ppeals declared the A n ti-T ick e tT.
S ca lp in g la w u n co n stitu tio n al The C h ic a g o & W est M ichi­
g a n announced th at the D ecem ber coupons w ould be paid
in fu ll. The People's G as L ig h t & Coke Co. (C h icago G as),
ann oun ce11 an increase in its sto ck from $25,000,000 to $30,000,000. T he U nion P acific D enver & G u lf w as sold at fore­
closure. The U n ion P a cific defin itely a rran ged to absorb
th e O regon Sh o rt L in e and to increase its stock $27,460.100
fo r th a t purpose.
'Che Money Market.— T he re viv a l o f trade and the in creas
in g speculation on th e S to ck E x ch a n g e led to a s lig h t hard­
e n in g in m oney rates. From $26,091,550 on O ct. 29 the sur­
plus dropped to $15,011,800 Nov. 12, b u t by Nov. 26 there was
a recovery to $18,357,575. T h ere w as a retu rn flow of m oney
from the interior, and a fte r the first tw o w eeks the m oney
h oldin gs of th e banks again in creased : th e y w ere reported
$214,039,900 Nov. 26, a ga in st $216,465,100 Oct'. 29. The loans
betw een those dates in creased from $667,232,600 to $691,419.
800, and the deposits from $761,574,200 to $782,729,300. Call
m oney tem p o rarily touched 4 per ce n t on the 9th, but a fte r
th at 3 p er cen t w as the m axim um . Banks and tru st com ­
p an ies quoted 2% per ce n t a t the close; tim e m oney then
w as 2)4 for th irty days, 3 for s ix ty to n in e ty days, 3 to 3%
fo r fo u r m on th s, and 3 % p er ce n t fo r five to six m onths.
For com m ercial paper rates w ere 8!.j to 314 for double names,
and 35*-'4% for prime and *% @ 5% for good sin gle names.
fo r e ig n Exchange. S ih er, E tc.— R ates for sterlin g exch an ge
declined h e av ily , lead in g to a ren ew al o f gold im ports the
last o f the m onth. T he B an k o f G erm an y m ade tw o
fu rth e r advan ces of one-half per ce n t each in its discoun t
ra te, on the 8th and 19th, b rin g in g it up to 6 per ce n t, the
highest figure sin ce 1 8 8 2. B ut the d istu rban ce w as n ot re­
flected to an y grea t e x te n t a t th e other fin an cial centres.
A t London, indeed, the open m ark et la te dropped to 3*4,
though on th e last d a y o f the m onth th ere w as a sudden
spurt upw ard again to 3%d£3%, on th e ann oun cem ent o f the
ta k in g o f gold for N ew Y o rk , w ith co in cid en t ta k in g s for
G erm an y. A t Paris th e open m a rk et rate did n ot g e t above
th e official rate o f the B a n k o f F ran ce, n am ely 3 per cen t.
A t the G erm an m on etary cen tre* the outside ra te w as 5%
per ce n t on the 18th, but a fte r the official ra te w as ad ­
vanced to 6 per ce n t, it dropped to 5 1 n■a 5 ' 4 , and so closed.
E xcep t on the first three days, w hen in vestm en t purchases
o f sterlin g w ere still a fea tu re , the course o f exch an ge was
ste a d ily d ow nw ard. F or actu al business rates w ere 4 82%'®
4 $ 3 fo r s ix ty d a y bills, 4 88%(g4 86*4 fo r sigh t and 4 86%'@
4 87 for cab le tra n sfers on the 3d, but o n ly 4 81 *4 (§4 81*4,
4 84*4« 4 84*4 and 4 84% @4 85, resp ectively, on the 30th.
D ealin gs in cab le tra n sfe rs w ere disturbed b y doubts as to
the proper am ount of in tern al reven ue stam ps required,
som e bankers a ffixin g only a tw o -cen t ch e ck stam p. A fte r
the ru lin g o f the Com m issioner of In ternal R evenue th a t
su ch bills w ere su b je c t to an ad valorem ta x o f fo u r cents
per $100 [for ru lin g see C h r o n i c l e o f N ovem lier 28, page
10801, the issue o f transfers becam e lim ited. T he price of
silv e r in London declined fra ctio n a lly , b ein g 27 9-16d.
Nov. 30. a ga in st 28 5-lfld. Nov. 1. Spain abolished the
p rohibition on the exp o rtatio n o f th e m etal.

15

a t §246,973,027 Dec. 3L Iron production a t 235,528 tons per
w ee k , D ecem ber 1, 'also surpassed a n y th in g previously
kn o w n an d prices advan ced m oderately. Refined sugars
u n d e rw en t a fu r th e r reduction , bringing" gran u lated down
to 5 cen ts per pound, b u t th a t w as o w in g to the com petition
b e tw ee n th e S u g a r " T ru s t” and the independent refiners
The ann oun cem ent th a t the insurgents a t Iloilo, cap ital of
th e island of P a n a y and second c ity o f the Philippines, had
! taken possession o f th a t p lace on the evacuation b y the
Spaniards and before th e A m erican troops arrived , created
I some uneasiness in p o litica l circles, b u t w as otherw ise w ith ­
out influence. Breadstuff's shared in the risin g ten den cy
and in N. Y . w h ea t closed a t 81*4 on D ec. 31. a gain st 76%
cents Nov. 30. and cash corn a t 44% cents, a gain st 40% cents.
A fav o ra b le e v e n t w as th e decision of Judge M cC orm ick in
the U n ited States C ircu it Court a t D allas, e n jo in in g the
T ex a s R ailroad Commission from en fo rcin g a n y of its rate
schedules m ade since 1894 ; also the decision o f Judges
T h a yer and Am idon d eclarin g the rates o f the N orth
D akota RR. Com m ission unreasonable. On the other hand
the K ansas L eg isla tu re m et in special session and passed
a la w re d u cin g rates. The G overn m en t n ew 3 per cents
sold a t 107% , th e h ig h est price o f th e year.
Railroad Events and Stock Exchange M atters.— On
the S to ck E x ch a n g e th e m on th proved the m ost b u o yan t of
the w hole year. B oth th e stock sales a t 15,283,759 shares
and th e bond sales a t $126,677,900 w ere th e largest, of an y
m onth o f a n y year. P rices alm ost con tin uously advanced",
and in the la st w eek to uch ed in the grea t m a jo rity o f cases
th e highest figures o f the m onth and y ea r, St; P au l common
risin g from 118% to 12014, R ock Island from 107% to 114%
and B u rlin gto n & Q uincy from 118% to 125JL' C en tral
P acific fu rth er advanoed from 31 to 44%, on ta lk o f an early
subm ission o f a reorgan ization plan. The B altim ore & Ohio
receivers sent a lette r to the In ter-State Com m erce Com m is­
sion an n o u n cin g th a t published tariff rates w ou ld be s tric tly
adhered to a fte r the 1st o f th e y ea r, and in vo k in g th e aid of
the Com m ission to prevent deviation s ou th e p a rt o f other
roads.
T he N orthern P a cific Com pany issued a . s ta te ­
m ent in tended to put a t rest the stories th a t there w as
is frictio n in th e relations w ith n eigh borin g roads.
The Hous# o f R epresentatives on th e 7th, b y a vote o f 119 to
101, passed the A n ti-T ick e t S calpin g law . A plan for th e
reorgan ization of the Baltim ore & Ohio Southw estern was
subm itted, m akin g the road p art o f th e B. & O. system .
The A m erican T in P late Co., w ith 850,000,000 stock, was
organized.
G lucose Sugar R efining stock was listed on the
Stock E x ch a n g e— 824,027,300 com m on, $12,619,30 preferred.
The C h icago G re a t W estern paid its first dividen d on its
preferred " A " stock. The N orthern P acific m ade its first
dividen d on th e com m on stock, th e A tch ison its first d iv i­
dend on the preferred stock; the D enver & Rio G rande pre­
ferred dividen d w as increased. The Cape F ear & Y a d k in
V a lle y w a s purchased a t foreclosure b y the A tla n tic Coast
Line.
The Money Market.— No n ew developm ents occurred in th e
m oney m ark et. T here w ere one or tw o flu m e s in ca ll
m oney, but these w ere less prom inent than usual a t the end
o f the year. On the 20th the S to ck E x ch a n g e ra te touched
4% per cen t, and on the 28th th e u rge n cy o f belated bor­
row ers caused a tem porary advance to 6 per cen t. On the
latter day also some o f the banks and tru st com panies ob­
tained 6 per cen t for n ew loans in a fe w instances. On the
last d ay tin., range on the S to ck E x ch a n g e w as 2 to 4, w hile
th e rate a t banks w as 3@3% per cent. In tim e m on ey there
w as p ra ctica lly no eliange, offerings bein g liberal a t 3 per c en t
fo r s ix ty days to four m onths and 3% per cen t for five to
six m onths; s ix ty d ay loans on sterlin g e xch an ge co llateral
w ere reported the last w eek a t 2% per cen t. Com m ercial
paper w as 3 per cen t for choice double nam es, and 3% @ 3%
for prim- .....1 4 .1 6 fo r good single nam es.
The loans and
deposits o f the C learin g House banks rose to the highest
points ever reached , the loans crossin g 700 m illions and the
deposits 800 m illions, and stan d in g resp ectively a t $718,308700 and $823,037,700 on D ecem ber 81. The m oney holdings
Dec. 31 w ere $224,940,400, against $184,554,800 Jan. 1, and
the surplus reserve $19,180,975 a gain st $15,788,750. T he
T reasury D epartm ent Dec. 22 ga ve notice th a t th e b a lan ce
j of m oneys from the U n ion P acific sale s till rem ainin g w ith
the depositary banks, estim ated a t $11,500,000, w ould be
w ith d ra w n in ten w ee k ly d rafts, the first Dec. 28.
Foreign Exchange, Silver. E t c — The exch an ge m ark et was
quiet and devoid o f sp ecial features. L on g sterlin g, kept
stro n g b y th e in vestm en t dem and fo r exch an ge, advanced
from 4 81 *4-a)4 81% on the 1st to 4 81%@4 82 on the 31st.
Short s te rlin g on the 1st opened a t an advance o f Onequarter o f a cent, a t 4 84%@4 84% , touched 4 84%@‘4 85 on
th e 20th, but closed a t 4 84% @4 84%. Cable tran sfers also
opened at an advan ce of one-quarter cent, a t 4 8o@4 85%,
D E C E M B E R .— Curent Events,— W ith the definite sign in g and closed a t these figures, though h a vin g m the in ­
of the T re a ty o f Peace w ith Spain on D ecem ber 10 a fu r­ terval been both one-quarter low er and one-quarter higher.
t h e r d e c id e ! stim ulus w as given to trade re v iv a l. In the There were some considerable arrivals o f gold a t San
cot ton goods in d u stry , under the p olicy o f restriction pur­ F ran cisco from A u stra lia , but only sm all am ounts cam e
sue.1, aided also by the plan o f a join t sellin g a gen t, great from Europe a fte r the first ten days. The B an k of En gland
inroads were made on th e accu m u la ted stocks, and print lost £3.639,212 bullion betw een Nov. 24 and Dec. 29, b u t the
cloths fu rth er a dvan ced from 2 1 16 cen ts to 2% cen ts per "pen m ark et discount rate declined from 3%@3% to 3% per
yard. The a n th racite coal trade likew ise revealed a chan ge cen t. A t B erlin and F ra n k fo rt, under the continuance of
for the b etter, and an ad van ce in prices J a n u a ry 1 a t W estern the crisis, there w as an advance to 5%, w ith a reaction a t
points Was agreed upon. Bank clearin gs a t ■ .-i n m illion th e close to 5% per cen t. In Paris the outside rate rem ained
dollars were, the largest for a n y m onth o f a n y year. The a t 3 per cent. S ilv e r continued w eak, and the price fu rth er
gold reserve in the U . S. T reasu ry m ade a n ew high record 1 declined from 27 9-16d. Nov. 30 to 27 f-16d. Dec. 31.

THE CHK0N1CLE.

16
COURSE OF

[VOL. LXYHL.

PRICES OF RAILROAD AND MISCELLANEOUS BONDS FOR T H E T E A R 1898.

BON U S.
A l a . M l d » - U U g n a r ..5
A n n A r b o i H t f i . '95»ir-4
A l* C o l. Ac Pno* tv . ctf* »
A t . J . C . Ac VV. t r c l f s ..
A tcb . T o p .
S . F e .—
G e n e r a l, g o ld . 1 9 9 5 .4

[Complied from sales of bonds at tlie Now York Stock Exchange.]
J a . d a r i ; Fkbr ’RY | MARCH. 1 A p r il .
v

MAY.

Jun e.

JULY.

A u g u s t . Se p t ’ b e r . OCTOBER. fJOV’BER.

hec’ b e r .

;Low.Hlgh Low.High Low.High Low.High Low. High Low. High L ow . High Low . High Low. High L ow . High L ow . High Low.H igh
01 82 ! 34%~
. . ..

01
81% 8 3 «- $ m
38% 32 - 38
>••

8956XQH- 03
_
58 A d ju w tm ’ t, g ., 1 9 9 5 , 4 57H~ 01
A t ! . Ac D n n v .— l e t , tf..-5 95 - 06% 90%A t la n t ic Sc P a c . - I n c . - -6
u%
U nit! m o r e & O h io —
:j%»» w h e n l u l l e d ........

8 3 «- 8 4 « 81 -8396 8 3 - 8 5
35 - 35

9 0 -9 0

IS .& O .S W . - l s t , 1 9 9 0

0856-100

I n c o m e , S e r i e t A -.5
I n c o m e , S e r .I t .*2013
€ © n . O . R « o r g .c o n .4 %
A k .( t G .J . ,^ » t . c p .o f f . 3
B a l t . B e l t —l e t , g u . 5 . 8 4 - 8 4
C o l. Ac C ,M id ., 1 s t.4 %
P it ta . As C.« 1 s t , ’ 4 6 . 4
105%-l0556

9234- 93%
88 - 89
83)6- §5% 86% - 89
59 - 70
71 - 71
60 - 60

87 - 88
_

93)6- 95% 94*5- 9 « 94 - 95% 93 - 95
s o * - osH 85 - 8856 SOW- 91& 92 - 94
94
S9M- S£%
56 - 59% 5 m - a m 65 - 67% 67%- 7134 70%- 73% 09%- 73% 09%- 73
6456 n m - 02
98 - 99% 9S%- 99
95 - 97
9956- 9934 98 - 98
9836

9356-103
98
95 - 95
92)6- 965* 93

.. .. - . . .. .. ..

OHr m

95%- 96%
93%- 95
-117 100 -104 100%-107 107 -11134 110 -113% 113 -114% 112%-H2%
11334-114 11136-113
_ •
_
119 -119
_
- 98
10054-10456 109 -114 113)6-11656 116%-118%
_
102 -102 108)6-11334 108 -113)4 m%-m%
- 93
9 2 « - 0ZH 98 -10056 1 0 1 - 110 )6 108 -11156 11154-11334 114 -115%
104%-104% 111 -11336 112 -115)6 116%-117% 118%-118%
103 -103%
112 -11334 115)6-11034
..
97 - 97
112)6-11656 116%-11656
99%rl00 102 -103 101)6-10256 102 -102% 10134-105
- ....
_
_
76 - S3
„
27 - 2756 27 - 2756
- 9 - 9
8H- 9H
100 -100 104%-104%
104 -105
100 - i o i
9 0 -9 0
99)6-100 100 -101
99 - 99%
98 -100
_

1 s t . P . B ........................ 0 112%-112% 114 -11856 115

C e r t if . o f d e p o s it ......
C o n s o l., g o ld , 1 9 S 8 ..5
R e g i s t e r e d ...... ., .-5

84 - 85
46 - 60
49 - 50

105)6-106

106 -107%

95%- 95%
93)4- 94%
112 -112
114 -114%
118 -11834
115 -115

_

70 - 70

94%- 98% 98 -lOo
68 - 75
99 -101

73)6- 79)6
102)4-102%

95%- 97% 96%- 99
93%- 97
9636- 99%
1X5 -115
120 -120
_

_
_

11434-114% 116 -118

- ;
•*A “

_
i.;: ■ - r
_
11734-118%
105 -105 105 -105
_
90 - 90
..

. . . . - .. ..

31 - 31
8%- 6% 7%- 12
10%- 12)6
105%~107% 107%-108% 108)6-108%
105 -105
105 -105
75 - 75

. ^

10434-105

91 - 91
88 - 90% 88%- 90

104 -105

105 -105

104 -104
C o n s o l., 1 S 9 8 .......... 7 10636-10696
S p r in g . D i v . , 1 9 0 5 ,7 105^6-107 106 -10756 105 -107
*Jd+ c o n s o l ., 1 9 1 1 .7
B ’ y Ac 7 th A v . - A e M e t .
B r o o k l y n E le v a t e d —
1 s t , 1 9 2 4 , 6 , t r u s t r e c S3 - 86% 83 - 8756 80*~ 8 m

7 9 -8 0

D n .E l.« ls t ,* 3 7 ,fi. t .r e c 83 - 86% 83 - 8756 81 - 84

8 0 -8 0

B r o o k l y n R a p . T r a n s .5 94 - 95M 92 - 97
B a ll, l l o c h . Ac P lt t s b .—
G e n e r a l — ................... 5
105 -100
R . < fc P „ 1 s t, 1 9 2 1 .. .0 127 -127

102%~104

10334-105)6 104%-106 105%-108
12034-121 12 0 - m %

103 -106

100 -103%

113 -113

105 -105

112 -112

112%-114

114 -115

U6%-116% i i m - n m

91 - 84% 91 - 94

8 9 -0 0

88 - 91H 91%- 95

8054- 85
85 - 92% 91%- 93
f68 - 68 !l80 - 80
80 - 8434 85 - 9134 90%- 92% 9 0^ - 9i

92 - 95% 91 - 93

9256- 9534 9534-102)6 102%-104

I03%-106

90 - 92
88 - 91
91 - 94)6
103 -104% 10134-104% 10434-106
104 -106% 103%-104% 104 -106% 105%-109

105 -105

.. .. - .... 10456-105)6 105%~106

106)6-108

105 -106

127 -127

123 -123
10594-10754 10534-10656 10534-108
106 -106 100 -103 103 -103

B u r l . C . R . Ac N o .—1 s t .5 10756-10856 10794-109
C o n s o l. 1 s t Ac c o l . t r .5 10736-109
C . R . I . F . & N m 1 s t ..5 105 -105
_
„
1 s t , 1 9 2 0 , g o l d ..........6
C a n a d a S ou th ern —
109% -m 10956-111
2 d m o r t g a g e ................5 10856-109)6 110 -111 106 -10856
C . B . TJ. P a c ,—1 s t , g. ..4
C e n t. O h io —See B . A; O .
C e n t. E E . & B ., G a .. 5 .. . - .. .. 9156- 9356 _
_
C e n t, o f G a . 1 s t ........... 5 1185^-11956 116K-117M 114 -114
C o n s o l............... . .......... 5 91 - 9254 88 - 9156 87 - 9056
1 s t p r e f . in c o m e .. . 5 42>6- 1456 39 - 43
3 0 -4 1
2 d p r e l . in c o m e ......... 5 14 - 1556 1256- 145$ 12 - 1356
3 d p r e f . in c o m e .........5
856- 856 754' 766 736- 756
M a c . Ac N. D i v „ 1 s t .5 02 - 92
M o b i l e D lv ,, 1 s t ,...... 5 9536- 0536 ... —
_
M id . G a . Ac A t l , D iv.,5
. . .
C e n t, o l N e w J e r s e y —
C o n s o l., 1 8 9 9 ............ 7 10436-10436 10454-10494 10456'10456
3 s t c o n v ., 1 9 0 2 . . . . . . 7
C o n v . d e b e n ., 1 9 0 8 -0 . . . . - .... 11056-11056
_
G e n . m o r t ., 1 9 8 7 . . . . 5 110 -113 113 -114% i l l -11356
R e g i s t e r e d ...............5 110 -112 114 -11454 110)6-11354
G eh.ife W .B .—A ss e n t 7 100 -10256 102 -10356 100 -101%
M o r tg a g e , 1 9 1 2 .... 5 9 0 - 0 0
93 - 93
90 - 90
A m , D o c k Ac I m p ........ 5 11456-115 114 -11454 11454-116
C e n tr a l P a c ific —
S an J o a q u in B r ’ c li...t i
105 -105
L a n d g r a n ts ...... ..........5
100)6-10056 102 -102
E x t ., k ., s e r , A ., ’ 9 8 . 5
S p e y e r A s C o .cfs .d e p . 108 -103 10S -103
_
E x t ., sr., • « . E ., ’ 9 8 . 5
102 -103« . . .. - w...
S p e y e r dfc C o . c l . 1 9 9 0 .. .. ' ...
W e s te r n P a c i f i c ......... 0
C.Ac O . D l v . ,c x t . ,, 1 8 .5
N o. o f C a l., 5 0 y e a r ..5
C e n t W a s h .—l s t , 0 s , t . r ,
C h e s a p e a k e As O h io —
P a r c h , m o n e y lu n d ..(j
s e r ie s A , g o ld , 1 9 0 8 0
M o r t g a g e , 1 9 1 1 ......... 0
1 st, c o n ., g ., 1 9 3 9 .. ..5
R e g i s t e r e d ............... .
G e n e r a l, 1 9 9 2 ........ 4-%
R .A c A .D .l s t c o n / 8 9 4
2 d c o n s o l ., 1 9 8 9 .. ..4
C r a ig V a l ., 1 s t. » 4 0 ..5
E l i * . L e x , Ac B , 8 . . . .5
C h ic a g o Ac A lt o n —
S in k in g fu n d , 1 9 0 3 .-6
L .A f M o . R . l s t , 1 9 0 0 .7
2 d , 1 9 0 0 .................... 7

101M-101W .... - ....
120 -12056 119)6-110%
11956-11956
114 -110 11454-117 11256-116
113 -11456 114 -114
am - sax 80M- 8*k! 7856- 81
103^-iG:-; 104J4-10S 102 -105
m t- am
92 - 9856
» 5 « - Ob'A 9»E - 99W
102 -104 10256-10856 98 -100
ilOH-111

91 - 93

106%-107

. . . . - ..... 107)6-109

123 -124%
125 -125
10434-10034 106%-106% 10634-107)6 108%-107% 107%-107% 108 -108% 106)6-108%
103 -105% 107 -107
110 -110%
109)6-109% 106 -107

_

10534-105%

10734-110 10834-110% 108% -lll% 108%-109
105 -10656 107 -10856 108)6-109 109 -110

108%-109% 109%-H0
110 -110% 107 -109

*
87 - 87
9256- 9256
115 -115
11456-114)6
8434- 8634 86 - 8756 87%- 91% 86 3856- 3856 38 - 3954 . 38%- 44% 38%11 - 1256 13 - 14
12 - 15
10%5 - 5

109%-110 109%-110 109%-111%
108%~109% 109%-110% 11(^6-111%
90 - 91% 89 - 92

_
89% 89%- 91
88 - 90%
39% 39 - 43
38 - 42%
12%- 14% 10 - 11)6
13
4% 5%- 6% 4% - 4%
.... - *

88%- 90% 87%35%- 36% 35 11 10%- 12
4%91 - 92

118 -118
89% 89 - 93%
3734 37%- 41
12% 12 - 14%
m
5 - 034
95 - 5

8656- 80%
10434-10434 103 -103

103 -103

10336-103% 102%-10236 102%-102% 102)6-10234
112 -1 L
11256—
112%

_

110 -112%
10956-11256 112 -114 11334-115 112 -112% 112%-114%
10834-11034 u m - u m 113%-113% 109%-110% I12%-113%
9994-1C056 9 9 ^ - i o m 9934-101 100 -101 100%-102
90 - 90
91 - 91
110 -111 112J4-112ki 114 -115
113^-113^
.. .. -

... 102)6-1' 2)6 . . . . - . . ..
.. . - ....

112 -114% 113%-114% 112%-114% 11334-116
111 -112% 111%-112 110%-112 i l l -112)4
9S -100
98)6-100:
97 -100% 97 - 99
85)6- 85%
114 -114 114 -114 115%-115% 115%-115%
. . . . - .. .. 101 -102%

“ . ..

. . . . - . ..
.. .. - ----

103 -103

... - .... 10134-1G134

i!;; -

l

:.

—

-

~

102 -102

10154-10126 103 -103 101 -10 1
101 -101
100 -10254 102 -10256 102 -10254 100 -101
40 - 40

12 0 -12034
I 2O54-I 2 O
54

103 -103%
124 -124

105 -105
102%-103% 103%-1Q3% 103%-103% 10336-103%

10256-10356 103)6-104
100

-10 154

101 -101)4 101)6-10234 103

103% 103 -103% 101 -104

104 -104% 105 -109%

118 -1J8 119 -119
11556-118 118 -119 114)6-119 11934-120
11256-11334 111 -11356 113)6-11434 114%~115

119 -119% 118 -118 118%-118% 118%-118%
120)6-12056 120 -121% 118%-118% 119 -119
115 -116 115 -116 115 -117 114%-117% 116 -118
115 -116%
115 -116
7 5 -7 8
7656- 81)4 81)4' 85
83%- 8434 84%- 90
S4%- 8734 88%- 86%: 85%- 8936 8954- 91
99 -102 10056-103 10356-105)6 102 -103% 104 -105 101 -104 103% 104% 105%-106% 105%-10756
9334- 94
-90%~ 94
90 - 90
95 - 96% 97 - 87
93%- 95
95 - 95
95 - 95%
9TX- 0S>i 99 -100% 100)6-102% 102 -103% 103%-103% 101%-102 100%-103 101%-102 102%-103

U 2 k rll2 ^ 112H-112« 113J6-113«
107 -107
.. . “ .... 107M-107H 107)6-108
- ""
^a u instalments paitf.

111 -111
107 -107

109% -ll0)i
107%-107%

THE CHRONICLE.

J a n o a j it 7 , 18##,

17

1 § 9 § —C o n tin u ed .
F X B lP B Y .

B 0SB 3.

Low. High

L o ir , H ig h

Ap r il .

m at.

Jtm x.

JULY.

Low.High Low. High Low.High Low. High Low. High

| *PT’BHR Octo b e r , NOT'BBB D bc ’ b e b .
‘3
Low. High Low. High Low, High Low. High

C h ic. B a r i . A Q u in c y
116 ~U83< l l i -116* 113*-115 114 -117 117*-118* 115 -1 15 *jH 5*-H 0 115*-116 11454-11694 11654-11754 11754-11754
C o n s o l ,...........................7 U 3 * U 6
Sink, fund, 1 9 0 1 ......5 - - ....104&-1O7
104*-104*j 103*-105 105 -105 . . .. ~ .. .. 10194-10194
D e b e n tu r e , 1 9 1 3 .......3|i06 -107* IO7*-1O0 105 -107* 105 -106 104*~196 106 “107* 107*-107* 107*-1103- 10054-110J4 110 - i n
108*-109* 109 -110*
n o * -m * fio4*-io9 105*-106 1O7*-109* 109*-112 111 -112* U2*-121J : h -U85, 11391-11754 116*-1 21 * 119*-126
h
C o n v e r t i b l e , 1 9 0 3 - . .3 jllO *-U 2
I o w a D lv ., s in k . i d ...5 — - .. . 1C9*-109* .. . - ...
111 -111 . . .. ~ ....
H 0*-11Q* 110 % - i u *
98 - 98 101 -101 100*-1GC* 100*-101* 102 -102 j . . . . “ .... 10194-10194 100*-102* 103 -104*
1 9 1 9 ..........................4 102 -1023d 103*-10A 101 -102
9 9 -9 9
99*- 99*
D e n v e r D i v ,. 1 9 9 * . . 4 100*-101* 9©*‘ 10C* 9 0 * - 9 0 * 9 7 - 9 7
_
f 102 -103 102 -102
... - _
99 -100
.: 100 -100 | .... - .. .. 100 -100 100 -101 ... - ..
1 9 9 1 - ........................... 4
S e b r ’ s k a E x t . . 1 9 2 7 .4 0S*-1OO I 9 7 * - 9 9 * 9 5 * - 9 8* 0 5 * - 9 6 * 97 - 98* 9 7 * - 99
101 -10854 102 -103* 101 -102* 102*-105*
9 9 -9 9
R e g i s t e r e d .......................... - . J 9 7 * - 9 7 * .. . - . . . . 9 7 - 9 7
H a n . Ac S t. J . , c o n e ..6 122**123 L22*-123 119 -120* .. . - ___120*-120* 120 -120
- . . . . 123 -123 120 -120
... - .. .. 121 -121* 122 -122
106 -106*
Ch* B a r . Sc N o .—l e t . 5,110 -U 0*,10e*~10d* 106 -105
10894-10894 108*-108* 108*-108*
C h ic. A: Fast’ n I l l i n o i s —
1 s t , s in k in g f a n d .......6 (i l 6 * - l i e * jU 6 * - H 6 * U 6 * - l i 0 *
- . . . . 116 -116
U 4*-114*: • • - .. . 116^-11851 11754-11754 11754-11754 115 -115
•
1 st c o n s o l., g o l d ..........6 129 -130 I----- - ...
122 122
. - . . . . 132 -132 ___ - ...
- ~ .... 128*-129 132 -184
G e n . a o r t . , 1 9 3 7 . . . . 5 ,1 0 1 * 1 0 7 * 106 -108 104 -106 104 -105*102 -105* 106 -108* 105 -108 |107*-108 107*-108 108 -108* 105*-10S 108*-109*
R e g i s t e r e d ................3,101 -101 — - ...
105 -105 102 -102 106 -106*
103*-103* . . . . - .. ..
. . . . - ....;105 -106
C h i c . A ln .C H R y -ls t.5 jl0 0 * -l< H * | 1 0 6 -100
102*-103 1103 -103 105 -105* .. .. - . . . . .. .. - ....
C h ic , l a d . A I .o a i s v .— !
96 -100 100 -103 103 -104 103 -105* 105*-107 105*-107 102 -102* 104*-106* 106 -107*
R e f u n d i n g , 1 9 4 7 — 6 97 -102 100 -105 100 -103
85 - 89 I 80 - 87* 8 2 - 8 2
9 0 -9 0
90
©0
R e iu n d ln g , 1 9 4 7 ...... 5 8 3 - 8 5
91 - 91
91 - 9 1* 91 - 91
9 1 -9 2
92 - 92
112
L o a . N . A . A C . , l s t . 6 ... - . . . . U * 113* 112 -113 . . . . - .. .. 112*-113* 115*-115*
113 -114* 114 -114 115 -116 116*-117
C h ic, M l l w . A S t. P . l s t , P . D ., 1 S 9 S ........ 103*-103*
1 s t ,g o ld , R . D, 190*4.7 U0 U 0 * U l*-14 3
.. . - ... 111 -141 142 -142*
151 -152 153 -160 160 -160
1 s t I. A D . D l v .........713T7*-140* . . .
- .. .. 140*-140*
145 -145
.. . - .. .. 16254-16254 .. - ....
162 -162
1st C , A M , D l v ......... 7 140 -140* 144 -144
141 -141* 141 -141
160 -160* i e o * - io i 1G2*-102*
C o n s o l., 1 9 9 3 ............ 7,138 -140* 1 40 *-H 2 * H 0 *-142*jl40 -141*,145 -145 145*-145* 143*-145 146*-150 152 -152 152*-160 160 -161 102* 163*
1 st I, A D . E x t e n ...... 7;13&*-141 il* l* -1 4 2 * 140* 141 > .... - .. J l 4 3 -143
142*-145* 148 -151* 151*-152 15S*-160 160*-160* 162 -163
110 -117*
1st S o . W e s t . D l v ...... 6 H S *-11 9 * •
117 -117 .. .. - ... .. .. - .... 119*~119* . . . . - ....
*
110 -110 .. .. - .. .
115* -1 15 *
... - _
_
1 s t L a C . A D a v ......... 3
1st 8 a . M in n . D lv . . . . « U 9 *-1 2 0 * 121 -121 110 -119*1114*-! 17 116*-119 120 - 120 * 117^-118* 120 -120 118 -118* 118*-120 119*-120* 13054-13194
- .. .. 128*-130 128*-128* 128 -120* 12894-12894 129*-129* .. .. - ..
1st IE. A D . D i v . . .......7 1 30 *130* 130 -1 3 0
... - ....
109 -109 . . . . - .. .. I09*~109*
1 s t, 1 9 1 0 ....... ........... 3
- ... I ...
_
118*-118*
121*-121* 122 -122
C h ic. A P n c . D l v ........ « U9 -121 120 -120 US -120* ...
113 -116 118 -117* 115 -110* 11»H-I17f4 U (5«-1H «, 117 -118 118 -119* 11954-13254
C h ic . A P n c . W . D l v .3 115*117 1 1 6 * - U 7 U4*-110* 111
113 -113*
110*-U6
115 -115* 115 *-U 5 * 110 -118
C h ic . A M o , I t . D lv .3 U 4 * -U 4 * U 4 * -U 7 1 H * -U 4 * j ...
M in e r a l P oin t D l v . . . 3 107 -110
U 3 * -U 3 * !112 -112
C h ic . A L . S u p . D l v .3
- .... ....
... - .. .,
W ls , A M in . D l v ......... 3 U 4 * -U 4 * U5 -115* .« - .. .. 111 -112 .. .. - .. .. 114 -U 4 . . .. - ...
114 -114 U 5*-115* 118 -118
T e r m i n a l ....... ...............3 U4 -114*115 -115 115 -116 111 -113 113 -113 114 -114 1L1*-113
113M-11354 11394-11154 n s ^ i i s ^ n s H - i i s *
F a r g o A H o „ n s s n m .6 127*~127*I ,.. - ...
.. - .. i u - i n
114 -114 . . . . - ... 112 -112 112 -112 112 -112
O a k o ta A G t. S o .
-3 U3 -113* U 2*-112* . . . . - .. 100 -110
105 -105* 105 -106* 106*~107* 1107*-109
G en.
19-S 9 .-.4 1 04*105* 1C5*-107 106 -106 103M-103J, 10S -104 - 104 -106 104 -106
I
104*-1Q5*
R e g i s t e r e d ...............4
_
12 1 -12 1
ISO -120
120 -120* 120 -121
M U .A N o ., 1 st, 19 1 0 .6 l2 3 * -i2 2*
120 -120
. . . - .. ..
1 st o n e x t . 1 9 1 3 - - 6 — - ... 133 -123 12* -122 117 -117
121M-12154 121*-J23
C h i c . A N o rth w cslV n — [
142 -1425^ 142*-14S* 142 -142 h 144 -145*
C o n s o l., 1 9 1 3 ............. 7 144 -143 T43*-143* U1 -142 148 -142 1138 -U 0 139*-139* 1 4 2 * - 1 4 2 * I
G o ld , c o o p ., 1 9 0 d . . . .7 116*-110* 1 1 0 *-U 8 * U 4 * -U 6 * 113 -114* U4*-118 113 - U 4 * 113* 114 U4H-116 114*-] 15 115 -115 110 -116 T12*-11S*
m * - i i 4 * .. .. - .... 110 -110 |11S 113
G o ld , r e g ., 1 9 0 d ........ 7 116 *118* U 6 * - m * 1 15 *1 1 5 * 113 -U 3 T 1 2 * -U 5 * 113*-114 |114*-114*
117 -118*; ... - . . . . U 3 * -1 H * !16*-118
S in k in g la n d ,c o u p ... 6 1 10 *-U 7 * . . .. - .. ..
120 -120 116 -117* U754-11754
_
_
R e g i s t e r e d ................6 — * . . . . . . . . - . ! ... . - . . J U 4 -114 U5 -116
11754-11754
. 106 -106 |lO0*-lO0* 1O6*-IO0* 108 -109
S in k in g fu n d , c o o p .3 U l * - l l l * 1 U * -U 1 *
110 -111 111 -112 108*-10S* 10S*-109* 109*-109*
.... - .. .. 108U-108U
R e g i s t e r e d ...............3
- ...-!
- .. j!07*-107*
D e b e n t u r e , 1 9 3 3 ...... 3 U 7*-118 IU 7 * -U 8 *
117*-117* 114*-110 |U4 -115*116 -116* .. . - ... 110 11954-11054 120 -120* ... - .. .. .. - ....
-119
_
_
_
n o w -n o ^
110 -lH i S ir - l i ?
...
- ............... - ............... - . . . . . . . .
- ....
.... - ...
d 3 r r s .d e b e n ., 1 9 0 9 3 U 0 *-1 1 0 * 110 -U 0 *
1O7R-1O0* 108 -108* 107*-108* 108 * - 109 * 108 - 1 1 0 1
09
-110
11054 -H 0), 108*-109* T10 -110
1O0*-1O0* . . . . R e g i s t e r e d ................ 3
U 6*-116*,116 -116
112 -112
3 6 - y e a r d e b , i k ’d 1 3 : ... - .. l l 6 * - 1 1 6 * j
U5*-116 116 -118
1 1 7 * -1 1 7 *
R e g i s t e r e d ........3 | —
- ..
105*-106 105*-105*
E x t e a , b o n d s, 1 W 6 .4 .. • .. . 1 0 5 -1 0 7 104 -104
- 1 0 4 * I O 4 * -1 0 5 * . . . - . . . - ! l 0 5 * - 1 0 6
R e g i s t e r e d .. . . . . . . . . -4 -•*• ~ ..
103 -1 0 3
103 -103* X01«-10294l0254-10254
99 -101
101 -1 0 2
102 - 1 0 2 * 1 0 2 * -1 0 3 * 102*-103
G e n e r a l, 1 9 8 ? ..........3 *
* •
•
.. . - .. ..
103 -103
.... - ....
R e g i s t e r e d . .. . . . . 3 * —
- •
<
E « c a n , A £**$•• 1 s t ...6 — - ...
106 -1 0 6 | 1 0 7 * -1 0 7 *
107 -1 0 7
108 -108
I o w a M id la n d , 1 st . * — 100 -109
O tt, C , F . A S t , P . , l s t 3
- ...
102 -102 1 0 3 * - 1 0 2 * . . . .
C h ic . A M l l w ., 1st. 7 101**102
_
M U .A M . , 1 st, 1 9 0 5 - 6 .U7 -117
_
;
... - ....
105 -1 0 5
N o r t h , I l l i n o i s , 1 s t..3 — 136 -337 137 -137 137 -138*
M . L . S . A W l s t . / d 1 .6 136*-137 136 * 4 -1 3 6 * 136 -1 3 6 1 3 3 * -1 3 3 * [1 3 2 * -1 3 1 139 IMSH I ® -135* 135*-136*
118 -118*1119 -119 119 -120*
116 -118
E x t . A Im p ., s, f .. -5 ... - ... 118*-117*
- .. . . . . . - . . . . 1 1 3 * - U 3 * 1 1 3 * - 1 1 3 * . . . .
135 -135 138 -138
. . . . - . . . . 133 -1 3 4
M ic h . D l v ., 1 s t ....... 6|... - ..
A s h la n d D l v ,, 1 s t . . 6 ...... - ... 135 -1 3 5
___ |133 -1 3 3
112 113
in c o m e , 1 9 1 1 -------.•[■ • * *
•
C h ic . It. 1. A P a c i f i c 1 8 4 M -1 3 4 *
C o u p o n .......................... 6 ... - .... . . . . - .. .. 130 -131 132 -132 131 -131 132 -132 120*-129* 131 -131 130*-131* 131*-132
1 2 7 * -1 3 Q * L28 -128 1128 -129 130 -130
R e g i s t e r e d ..................6 131 *1 3 1*1 3 1 -131 129 -129
128 -128
E x te n . A c o l l a t e r a l . .3 I0 e ^ iw * | l0 5 * -1 0 6 1
105*- 106 * 106*-106*
R e g i s t e r e d ................3 105*-106 1Q6*-I0o* 196*-106 106*-106*
D e b e n t u r e . l » d l ......5 t08*-lO 7* 107*-106 1104*-l05* 105 -106* 1 0 6 * -1 Q 6 * 1 0 f l* -1 0 7 * 101 - 1 0 7 *
G e n e r a l , 1 9 8 W »g ...... 4 ... - ............. - ............. - ... 1 0 2 * -1 0 5 1 0 4 * - 1 0 5 * 1 0 3 * 1 0 1 * 104 -105* 1 0 3 * -1 0 4 % 1 0 4 * -1 0 5 * 104%~105* 105*-107
104*-106* 104 -104
1 0 3 * -1 0 3 *
R e g i s t e r e d . . . . . . ...... 4 — - ------- . . . - . . . . . . . . - . . . . . . .. - ..
107*-108*
1 0 6 * - 1 0 6 * 197 -1 0 7
108*-108*
K n o k . A I»es M ., l s t .3 I06*-106*;i08*-109
... - . . . 1 0 3 -103
80 - 80
D . M . A F . D , l s f 0 3 d * 6 0 *- 6 9 * 70 - 7 0 * . . . . - . . . . j . . . . - . . .
9 4 * - 9 4 * 9 5 * - 95* 9 5 * - 96
9 4 -9 5
0 4 -9 4
1 st, 1 9 0 3 ................... 4 8 5 - 8 5
9 1 -9 2
C h ic , * L P . M l n . A O m .—i
134 -135*
C o n s o l., 1 9 3 0 ............ 6 136*-138 137 -137* 133 -135 1 2 6 * -1 £ 7 133 - 1 3 5 * 133 - 1 3 4 * 1 3 5 * -1 3 8 * 135*-136* 135 - 1 3 5 * 135 - 1 3 6 *
133 -133
134 -135 135 -1 3 5 1 3 5 * -1 3 6
132 -1 3 2 .132 -132
C h Ic.H t, P . A M . - 1 st fl 131*132 133 -133 130 -132
128 -1 3 0
132 -332 1 3256-132* 1 3 0 * -1 3 1 * 131*-131* 132*-132*
130 - 1 3 0 * 131 -1 3 2
Bt. P . A B, C it y —1 st. .6.132 -132* . . . . - . . . . 131 -131 126 -127

- * .... - ...

C h ic , T e rm * ! T r a n s .— |
. . . . . - ...
U . B, T r . c t f s . o f p r o p 4 9 *- 49*[
S o - 8 7 * 7 0 * - 8 5 * 8 0 - 8 2 * 82 - 8 5 * 85 - 8 7 * 8 5 * - 8 6 * 8 6 * - 90*
C h ic , T e r m 'l T r a n s f . 1 8 3 * - 86
C h ic- A W e s t , l n d ,—
118* - U 8 * 120 - 120*
G e n . sn ort,, 1 9 3 d ...... 0 121 -121 1 2 2 * - 1 2 2 * U 8 -1 2 1 1 1 7 * - U S * U 9 * - 1 1 8 * U 8 * - 1 2 0 * ■
C la . H a m . A D a y to n —
108 -108* 110 -U 0
C iu . D a y . A I r , 1 st.. .3 1 1 0 * -1 1 1 110M -U 154 r n -11154 . . . . - . . . . 10754-10754^
) Sm C.C.C.
#
C .I .S .L .& C
70 - 70
69* 69*
71 - 7 3 * 7 3 * - 7 3 * . . . . - . . .
C l. A C a h —1 s t. t r .r e c 3 7 0 - 7 1
d e v . C la , C h . A 8 t . L .— C
82 - 82
G e n e r a l ........... .
4
88 - 90*
.... - .... ... - ....
C a i r o D lv ., 1 s t .......... 4 8 0 - 9 0

8 7*- 90*

9 1 * - 9 5*

8 9 *- 90*
121 -1 2 1

111 -111* 111*-112

6 8 -6 8

9 1*- 91*

«38 *- 7 4 *

119*-120

110 -110*
70 - 7 1 *

91*- 91*

THE CHRONICLE.

18

[V O L , L iX V I U ,

1898—C on tin u ed .
| MARCH.

BONDS.

A P R IL .

M AY.

AUGUST. SKPT’ BEU. Oc t o b e r . n o v ' b e r . D e c ’ b e r .

L o w . H ig h L o w . H ig h L o w . H ig h L o w . H ig h
L o w . H ig h L o w . H ig h L o w . H ig h L o w . H ig h L o w . H ig h L o w . H ig h

C l. C . C . Ac S t. I ..—(Con.
04 - 9594 B O X - »2jK 9S - 05
^ 0 0 k - 97
S 1.1..D I v.» 1 nt. 1 0 9 0 .4 0 6 k - W
R e g i s t e r e d ................ 4
9 0 -0 0
8 9 -9 0
C ln . W a b . Ac HI.. I at.4
W .W .V a l D U .. 1 s t .4 8 7 k - 8 8 k
9.3k- 9 9 k
E
:
101 -101
C . I . S t. I .. Ac C ., 1 « . 4
75 - 7 8 k
70 - 77% 75 - 76k 74 - 70
P e o . Ac K., 1 s t . c o n s ..4 73 - 76
14 - 14
1 7 -1 9
In co m e s, 1 9 9 0 .
.4
C lo v . C o l. C ln . Ac I n d .—
102 -1 0 2 k 103 -103
10ok -105k
lo t* o in k in g fu n d ....... 7 1 0 4 k -1 0 5 k
_
135 -1 3 5 k 131k-131k
132 -137
C o n o o l.. 1 0 1 4 ............. 7 136 -137
G e n e r a l c o n s o l ..........(i
103 -103
100 -100
C l. L o r . Ac W h e e l .—1st I02k-102k
C l. Ac U tah. V .—1 9 3 8 ..5
C o lo r a d o M id la n d —
1 s t. g o ld , (I, t r r e c ’ p ts 61H- 67k 65 C o n ., g . , '4 0 . 4 . t .r e c .* 1 0 k - 2 1 k 2 0 k - 2094
_
_
66 - 60
59k - 59k
C o l. M id i’ d - l s t . - 2 - 3 - 4
_
1 at, g o ld , 1 0 4 7 ...........4
C o l. Ac S o .—4 s (w li.I s s .)
C o l. Ac Oth A \ .-S u M et
C o l. I l o c k .V a l . « L T o l . —
S*
77 - 80
7 2 k - 78
70 - 72k 7 2 k - 77
l o t , 5 . J . P . M .d c C o .c t fs 71 - 78& 76 - 82
G e n . g o ld , 1 0 0 4 ........ (i 54 - 5 5 k 6 0 k - 61
D e l. «L' H u d . C a n a l .—
P e n n . D i v i s i o n ..........7
_
1 2 0 k -l2 0 k 123k-123k
A lb . Ac S n sq .—l s t .g u .7 I 2 5 k - 1 2 5 k 1 2 o k -1 2 5 k
110 -110 113 -114 115 -115
1 st c o u p ., g u a r ........6 l l 8 k - H 8 k H 7 -1 1 7 k
R e g i s t e r e d ............ 6
R e n s . Ac S ., 1 s t, » 2 1 .7
14494-145
1 s t , r e g ....................... 7
D e l. l , a c k . & W e s to n —7 128 -1 2 8
S y r . B . Ac N. Y . . 1 s t .7 1 2 5 k -1 2 5 k
137k-139 140 -140
M o r r is Ac E ssex* 1 st.7 141k-lH 1 4 1 k -1 4 1 k 140 -140
B o n d s , 1 9 0 0 .. . ...... 7
_
107 -107 109 -109 110 -110k
1 8 7 1 - 1 0 0 1 ................ 7
1 1 3 k -1 1 3 k
C o n s o l., g u a r ............ 7 141 -1 4 1 142 -142
• R e g i s t e r e d . ..........7
N .Y . L . Ac W , - l o t . . . . 6 I 3 8 k - 1 3 8 k
W a r r e n , 2 d . 1 9 0 0 .. .7
D en ver & R io G r a n d e ­
108 -108
s t .................................... 7
uok-uok
8 7 k - 90
N e w c o n s o l , 1 9 3 6 — 4 8 0 k - 9 5 k 9 3 k - 95^4 8 9 k - 92
8994- 9 3 k 94 - 9 5 k
1 s t c o n s o l ., 1 9 3 6 . -4 k
9 0 -9 0
87 - 8 9 k » 1 % - 9 1% 9 0 % - 91%
I m p r o v e m e n t , 1 9 3 S .’3 8 5 k - 8 5 k 9 2 - 9 3
93 -1 0 0
. . . . - . . . . 9 S X - 9 8% 9 3 k - 9994
D e s M o . U n io n —1 s t — 5 97 - 9 7 k 9 7 k - 99
D u lu th Ac I . R . —1 s t ...5 104 -10594 1 0 5 k - H 0 k 106 -10794 . . . . - . . . . 104 -1 0 6 k 106 -1 0 6
9 2 k - 92k
D u I .R c d XV.Ac S .—l s t .5
D u l . S . S . & A t l . —1 9 3 7 .5 105 -105 105 -1 0 6 k 105 -1 0 7 102 -102 101 -105 107 -1 0 7
E . T . V a . Ac G a .—See S o .
E lg . J o l . Ac E .—1 s t, g ..5
E r ie —
1 s t , E x t ., 1 9 4 7 ..........5 1 1 4 k -U 5
H 7 k -1 1 7 k
2 d , E x t ., 1 9 1 9 . . . . . . . . . 5
lllk L lllk
3 d , E x t ., 1 9 2 3 ..........4 k
4 th , E x t ., 1 9 2 0 ......... 5
113 -1 1 3 k 117 -1 1 8
5 th , E x t ., 1 9 2 8 ..........4
1 0 4 k -1 0 4 k
1 0 4 k -1 0 4 k
___ 140 -1 4 7
1 4 1 k -1 4 3
1 st, c o n s o l., g o l d ........7 146 -1 4 6 k
138 -1 4 2 k 141 ""-142%
140 -140
1 s t c o n s o l ., g ., l a n d ..7 1 4 2 k -1 4 3 140 -1 4 0
139 -1 3 9
137 -1 3 7
136 -1 3 6
L o n g D o c k c o n s .’ 3 5 . 6
1 3 3 k -1 3 3 k
_
B u ll. N .Y . Ac R ., 1 s t .7
133 -1 3 3
100 -1 0 6
J e ffe r so n R R .,l s t ,g .5
1
C h ic . Ac E r ie , 1 s t, g ..5 i l l 9 4 - H 2 k 1 1 - " 1 3 1 1 0 k -1 1 2 109% -111% 108 -110 110% -111
_
_
_
N.
Y . Ac G r . L a k e — 5
E r ie —
1 st c o n . p r i o r H en , g.4 90 - 9 1 k 8 9 k - 93
80 - 9 1 k 8494- 8 8 k 87 - 9 1 k 9 1 % - 9 2%
1 st c o n . g e n .1.,’ 9 6 .3 * 4 70 - 71% 70 - 7 4 k e s % - 72% 66 - 70% 6 8 k - 7394 7 3 H - 75
N. Y . 8 n s . Ac W . , r e l.5 103 -1 0 8 10734-10894 105 -103
99 -105
1 0 4 k -105
108 -1 0 8
_
_
91 - 91
i»0 - 90
2 d , 1 0 3 7 .................. AM 8494- 88
89 - 93
G e n ., g o ld , 1 0 4 0 ....5 87 - 9 6 k 91 - 98
8 3 -9 0
85 - 92
90 - 9 2 k
_
^ T e r m ,, 1 s t ,1 9 4 3 , g.5
1 1 0 9 4 - l ll k 111 -1 1 1 k 110 -1 1 1 k
93M-100 9994-101% 97 - 9 9 k 95 - 97% 97 - 9 8% 97 - 9 7 k
W l l k . d c E ., 1 s t ,’ 4 2 .5
_
M ld l’ d o f N . J . , 1 s t .6 11494-1 2 0 k 121 -1 21
116 -110
110 -119
119% 120
E v a n s . & T . H —C o n s .6 1 1 0 k -H 7 117 -1 1 7 117 -1 1 7 114 -1 1 4 112 -1 1 2 118 -1 1 8
1 s t, g e n ., 1 9 4 2 , g o l d .5
8 2 k - 8 2 k 82 - 8 2 k 82 - 86
. . .. - ....
_
... E v . Ac 1.—1 s t ,c o n ., '2 6 . 6
7 7 k - 78
F lin t Ac P o r e M a r q .......6 I 1 3 k - 1 1 6 k 115 -1 1 7 115 -1 1 6 k 110% -112% 110 -1 1 4 k U 4 k - 1 1 4 k
1st c o n s ., g ., 1 9 3 9 . . . 5 8 9 k - 9294 0 3 k - 95
. - ...
85 - 85
9 1 k - 9 1 k 92 - 94
P t. H u r . D iv ., l o t . ...5
8 9 k - 9 2 k 92 - 9 2 k 8 5 - 8 5
90 - 9 2 k
8 8 k - 91
_
105 -105
F t .S t . U . D . - l s t , ’ 4 1 . 4 k
F t . W . Ac D . C .—1 s t .4 -6 7 0 k * 75
6 9 k - 74
G5 - 7 2 k 67 - 08
7 0 % - 7351 7 0 % - 75%
F t . W . Ac R i o G r a n d e —
1 st, 1 9 2 8 ........ ........ 3 - 4 5 4 k -5 9
. . . . - ___
55 - 50
5894- 6 9 k 57 - 58
5 5 -5 9
G a l v . U . Ac H . o f ’ 8 2 .. 5 8894- 90
89 - 02
00 - 02
. . . . - . . . BIX- SIX 9 l k - 9 2 k
G . f l .A c S .A .— reS .P .C o.
S
G a .& A l a .— 1 st p f.’ 4 5 .5
G a .C n r . Ac N.—l s t ,g u .5
G a . P a c ific —Su S o u t h ’ n
II «fc N t .J .-S ^ C .B .d k Q
H . E . Ac W , T e x . —l s t .5
H . Ac T . C .—See S o P a c.
I l l i n o i s C e n t r a l­
e»
i s t , g o ld , 1 9 5 1 ........... 4
1 1 3 k - U 4 k 115 -1 1 5
_
R e g i s t e r e d ................. 1
1 0 8 k -1 0 8 k
G o l d , 1 0 5 2 ..................4
102 -102
... - ....
100 -1 0 2
R e g i s t e r e d ................ 4 103 -1 0 3
103 -103
G o l d , 1 9 5 3 ................. 4 101k-102 102 -1 0 2 k i o o - i o i k 9 7 % - 90% 9 8 % - 9 9% 100 - 101%
R e g i s t e r e d ................ 4
_
.
l o i - io i
_
G o ld , 2 - 1 0 , 1 0 0 1 .......4
_ .
1 s t, g o l d , 1 0 5 1 ........ 3 k
105 -1 0 5
° R e g i s t e r e d ............ 3 k 1 0 2 k -1 0 2 k 101 -101
... 102k - 102k
_
L o u i s v . D iv ., g o l d .3 k
S t. L o u i* D iv ., g o ld ..3
G o ld . 1 0 5 1 ............. 3 k '
... ...
... - .
• A l l in a ta m e n t g p a id .

JULY.

J unk.

95 - 9694 98%-100

9 8 k - 9994 99 -100
_

90 - 9 0 k
87 - 87

95 - 95

97% - 98% 98 - 99%
_

92% - 92%

_

_

77% - 79
16 - 18k

7 6 -8 0
17 - 20k

101k-102 i o i k - i o i k 1 0 1 k -1 01k
76 - 79% 74 - 7 6 k 74 - 78% 7 7 k - 85
20 - 22
.... - —
19 - 20
19 - 22

_

_

..

-

_

1 0 1 k -i0 1 k
----- - ---- 139 -140
.. 132k-13294
. .. . 106 k -1 06k 106 -107 !0 5 k -1 0 8
121 -121 ___ - .

103k-103% 104 -104
134 -135% . . . . - . .. ----

- ...
_

101%-101%.
137k-138
... - . .. .
107 -109
. . . . - ..

_

56 - 68
65 - 6 8 k

58 - 61%
68 - 73
_

57 - 59
66 - 68
-

57% - 66% 64% - 6894
67 - 73
73 - 7 7 k
8 3 k - 86% 84% - 87%

78 - 7 9 k

79 - 8 2 k

79 - 79
_

78 - 78k
-

7 7 k - 80
5 0 k - 50%

56 - 57

_

75 - 80
46 - 56

145 -145 146 -146
. . . . - . . . . . . . . - . . . . 121M-122
123k-123k 123 -125
. . . - . . . . . . . - ___ . . . . - . . . . 116 -116
1lG k -llG k 11694-11694'
_
_
.. 116k-116k . . . 147 -147
_
_

140 -140
... -

140 -140

. . . . 107 -107

_
_

124 -124

. . . - . . . . 141%-141% 142k-142k 143 -143
_
_ _ .
, 107 -107
108k-108k 100k-109k . . . . - . . . .
_
_
..
-_
_

140 -140
137 -137
108 -108
108 -110 111 -11194 llO k -H O k
9 2 k - 95k 96 - 9 8 k 90 - 97k
_

_

_ •

_

108 -1 0 8 k
9 6 « - 97% 9 7 k - 9 9 k 99%-10294
io 6 k - io e % 107 -108% 10894-H1

9154- 9 1% 9 4 % - 94% 9 4 X - 9 5% 95 - 9 6 k 9594- 9 8 k 101 -3 0 3
102 -1 0 2
----- - ----___ - ___
105k-10G % 105 -1 0 6 k 1 0 4 k -1 0 6 k . . . . - . . . . 1 0 6 k -1 0 8 k
10594-106
...

-

. . . . 112

1 1 3 % -1 1 3 %

-1 1 2 k 112M -112% 112 - 1 1 2 k

10394-105
112

114
112

-1 1 3
119 % -1 1 9%
1 12^-11214
113 -1 1 3

-114
_
-1 1 2

1 1 4 k -1 1 4 k
_
_
_

1 1 8 k -H 8 k
143

-1 4 3

144

-145

1 4 1 k -1 4 2

143

-144
_

137

-137

138

-1 3 8

139

....

_

-1 3 9

....

1 4 4 k -1 4 5
_
...
103

m % -m %

112 % -1 1 3% 110
_

-1 1 1 k

m % -m %
109

-1 0 9

144 -1 4 5 %
1 4 2 k 143

- ....
_
___
-1 0 3

1 0 9 k -H l
_

_

lllk -H 2
... —

93X - 94%
BOX- 9 2% 90 - 9 4 k 91M- 93% 90 - 9 2 k 9 1 % - 94
7 2 % - 74
7 1 % - 7 3% 6 8 % - 71% 6 0 H - 77% 74 - 7 5 %
7 8 k - 76
110 -111
10G%-108
108 -1 0 8
105 -1 0 5
107 -1 0 8
107 -1 0 8 k
_
_
_
91

- 93k

89

- 9 0 ~ 84

- 90

82
111

- £7
-1 1 1

- 9 8 k 9 9 k -1 0 0
99k - 99k
_
-120
12094-120^
-114
1 1 6 k - H 6 k 121 -1 2 1
- 8 6 k 85 - 8 7 k 88 -1 0 0
94k - 96k
8 0 -8 8
89 - 99
97 - 9 8 k
114 -1 1 7
115 -1 1 5 ’
117 -1 1 7 k
93 - 94
93 - 9594

98
120
114
84

95k - 95k

7 3 % - 75%

T 3 X - 7 9 % 74

- 77

7 4 k - 76k

76

5 8 % - 61%
92 - 92

59
95

- 62
- 98

60
94

60 - 6 3 k
9 6 % - 98%

92k - 93k

- 61
- 96

94

94

_

101k-10194 10 t k -102

- 7 9%

- 94

- 95%
_

77

- 87

6 2 % - 6 6%
99 - 9 9 %
106
97

94

- 96

1 0 9 k -1 0 9 %
1 02 k *1 04 ~ . . . .

90

96 - 9 9 k 95 - 99
_
120 - 1 2 2
123 -1 2 3
123 -1 2 3
96
101
9 5 k - 98
_
94 -1 0 3 %
. . . . - . . . 1 1 8 k -1 2 1 k
96 - 9894 9 8% 101
93 - 1 0 0 k 99 -1 0 2 %
_

9 0 k - 92

0 1 k - 64
93 - 96

9 5 % - 9 5%

8 5 k - 90
_

-1 0 6
- 97

- 98k

11294-113
104

102

-104

-104

104
102

-1 0 5
-102

1 0 lk -1 0 l9 4 102 - 102k 100% - 102% 102 -1 0 3
_

100k - 100k

9 2% - P ? k

9394- 9196

94

-

P IU

93

- 03

93k

95k

95

- 90

TH «

J a n t a b y 7 , 1899.]

CHRONICLE.

19-

1 § 9 § —C on tin u ed .
Ja n u a r y FEBR*RY. MARCH.
BONDS.

APRIL.

Ma y .

June.

Ju l y .

au gust.

SEPT’BER Octo b e r . N o v ’ b e r . D e c b e r .

Low.High Low . High Ix>w.High Low.High Low. High Low . High Low. High Low. High Low. High Low. High Low. High L ow .H lgll

I l l i n o i s C e n t’ !—(Con.)—
W e s t e r n L in e s , l s t - .4 105 -105
C . S t. L . A N .O „ g .c p .5 123 -123
_

_
... - ... 1133 -1 0 ;^ 103 -103 101 -101 105 -105 105 -105 103%-10S%
123%-123'4 120%-1S0% U 5 k -U ® , . . . . - . . .. 120 -121% 121%-121% 123 -128 123%-123% . . .. _
... — ___
_
_
_
133 -123
_
M e m . D i r . , 1 s t, g . ..4 103%-103%
_
C a r b . A S h a w ., 1 s t .4
_
S t. L o u is S o ,, 1 s t, . 4
. . . . - .. .. 07 -101 10194-102* 100%-100% 101%-102 103%-103% 101%-102%
9 6 -9 8
I n . D . A W l s t , g . , 3 5 . 5 103%-104 100%-104
_
_
__ - __
_
_
_
_
_
I n d . 111. A I n . —1 s t .’ 39.-1 S6 -88
1 s t , r e f u n d ’ ? , 1 9 4 S ..5
I n t e r n a t ’ I A Clt. N o .—
1 s t , 1 9 1 9 . . . . ................6
i 4 , 1 9 0 9 ................4 W
3<l, 1 9 -3 1 ...................... 1
I o w a C e n t .—1 st, gald-.A
K a n .A n . - ^ T . i O . C .
K . C . P . A G .—1 st A c o l .5
K e n . C c n t , - 5 « L . A N.
K in g s C o . E l.- l u C , A .5
F u lt o n K l „ l « t , « unr.O
L a k e E r ie A W e s t e r n —
1 s t ................. ........... ---A

103 -103
121%-123%
8 5 -8 0
44 - 52
09 -100

_

122%-123
7 8 -8 4
37%- 90
4 7 -6 0
5 1 -6 0
100 -108H 97 -102

78 - 81
.. .. - ....
9 7 -9 0

116 -11S
8 0 -5 3
4 8 -5 5
08 -102

118 -118
S3%~ 8S
57%- 5^4
09%-lO2

120
36
5S
101

-120
- 87
- 58
-102

78k'-

79 - SIX, 75k- 80H 6 5 - 7 5 %

OS - 71

08 - 69% «S k - 7 ,

40 - 50
3 7 -3 8

45 - 46

46 - 45
3 5 -3 7

40 - 44

43%- 48

40 - 40

50 - 59
38 - 49

120%-121
89%- 92
38k - 58k
102 -105

„
100k-104k

90 - 90
93 - 9 4 *
103 -105
103 -104

121 -121 122M-123% 121 -122*
87 - 87
9 0 * - 93
86 - 87k 87 - 91
..... - .. .. 55%- 55% 55 - 60
59 - 6 1 *
103*-104 104k-105k 105%-105% 103%-107

72 - 78k T6Ji- 78k 67%- 76
56 - 57% 55 - 58

>15^4-U7 116 -117% 115%-116% . . . . - .. .. 115 -116 . . . . - .... . . .. - .... UO -117
103 -103% 102 -103
99?i.l02!4 95 - 97% 97 -100% 104 -104% 100%-102 101*104
101 -101
108 -102
100 -100%

103 -103
125 -125

69 - 75% 67%- 76%

50 - 54% 50 - 51
40 - 46

116 -116% 116 -117
102 -104
99%-10l
100 -100

4 9 * - 70%
44 - 61
m
116&-118 118 -120
99%-100% 102 -106
100 -100 I00*-10I%.

I ., S h o r e —S*. X. Y . V .
B
99 -101 102%-103 lo i k - io s k 103 -102 101 -102 103%-lGA 104 %-105 105%-106*
L e h .V .,N . Y .- 1 s ig u .g . t% 102%-103% ? 03%-104% 1C -104% 99 -103
_
_
_
_
_
_
_
104 -101
L « b . Y a L P r u y - i e O ? ..*
107 -107% . . .. - .. .. . . . . - .. .. 113 -112 111 -112
___ 110 -113 113 -113
ii ih
L e h . V .T e r . l s t , l *> t l -5 XU -111 u i « -x x s w !n x
_
_
_
_
_
92%- 92%
91 - 91
9 2 -9 2
91 - 91
L e h . A S , Y . —1 st, g o . 1
L . A v . A P . F .-.S * ' M e t.!
_
1■
33 - 3 4
3 3, - ,33
29 - 29
L . It. A M - l s * , 3 * , t , r c .
L o n g I s la n d —
'J*
117 -117 119%-110% ___ - ___ ___ 1 st, c o n s o l, 1 9 3 1 ........5 tl7% -il8% 120 -120 120 -120 ---- - j
. . . . - .... . . . . - .... 120 t120 123%-I24
90%- 90% 93%- 94
.. . - .. . . . . . - .. .. ... - ... 90 - 90
96 - 07%
. . . . - . . . . 83%- S8% «* < - 8M<
F e r r y . 1 s t , 192*1. ~4% 8 0 - 9 O
_
80 - 90
88 - 88
*8 - 88k 88k - 89
88 - 90% 9 0 " - 91k 92k - 37H 95%- 97
86%- 80
G e n . m a r t ., 1 9 3 S ..,. 4 85% - 38
98 - 98
N. Y . A R . B „ 1 st... A
100 -102% 100 -100
N .Y .B .A M .B ., con . A
C o ii U v . E v . A Sit. L . —
_
88%- 36
38 - 53
51 - 52%
3 3 -3 3
C o n s . As, T r u s t r e « . . . . 32 - 32
8 8 -4 0
30k - 30k
5 - 7
5 - 5
t i e o ’ I. g o l d . 1 9 4 3 . .. 1
e
L o a ls T lI le A S a s h r . —
o
102%-lOCJH 102%-1»* 103 -103%
C o n s o lid a t e d . — .. ..7
124%-L24% 127 -123 126 -129
N. O . A M ob —1 s t — f* 12(7%>120% 122 -122 m % - m % . . . . " ...J m w - i a a . . . . - . . .. 1 2 1 % - m
122 -122%
107 -107 \<M -106 108 -108 108 -108 108 -108 r . r - ... - 111 -111'
107%-10r7%
m * -m %
117 -118
117 -117 113 -113 US -US
115 -115
E. H .
M w h. !« ...«
117%-120 117 -119% 116%-117 U7%-I20% 116%-llS 117 -118 US%-119 118%-119 U S k -ll9 « 119% -m 117%-118
G e n e r a l m o r t g a g e ...0 1 1 7 m s
.
_
_
_
_
107 -107 '
105 -105
N n s h v . A D e c .. 1 st. 7
96%-100 100%-106
P e n s a c . A A l l . —1 s t ..6 106%-109 103 -108 100 -101% 0 9 - 9 9
103%-103% 106 -107 106 -100% 11 -111 110 -111%
_
_
125 -125
H t .L .D i y .. 1 s t . 1 9 * 2 1 6
1G8%-105 103M-105 105 -107
A O -y e a r , g o l d , 1 9 3 7 .3 101%-1O2 108 -101% .. .. - .... 104 -104 I00%>103 . . . . - ... 10:1)4-104 104%-10t% . . . . 04%- 9 9*
0 0 * - 95
80%- 90% 8774- 88M SSJf. 01'4 8S% - 8 9 * 89%- 9 0*
f i t 1fled , g o l d , 1 9 1 0 . 1 85%* 86% m % - 9i% 85 - 88% 83 - 66% 85%'- 90
- .... . . . . - .. .. 106 -107%
C o l. t r o s t , c . . 1 9 3 1 .- 5 i02% -10^. loo - i o m 103%-102% 101%-102% 102 -102* 103 -103 . . . . - . . .. 103%-104% 104 -104 .
108 -108
109%-109%
L . A 3». A M . A M . 1 s t 4 %
97 - 07% 100 -103% 103%-104%
93%- 05
97
97
95 - 93
N n » h . F l .A H .,l s t , g « . A
9 0 -9 5
9 0 -9 0
97%- 87% 8 8 - 9 3
97 - 97
94%- 94%: 96 -100 100 -101 100*-100* 100%-100% .... - .... 100 -100% 100%-103% ... - ...
B o .A N o .A la .c o n .g a .A 96 - 96% 04 - 08% 9 5 - 9 7
90 - 91 — - — .... - ....
— - ... tW - 90 9 0 - 9 1
»
91 - 92
88 - 80
5 5 -8 5
87%- 01
K * n . C e n t .. 1 » S 7 . ~4 87 - 87
_
_
..
_
.... - ....
C . C l n .* r 1... t » 3 1 1 , 103 -103
L .S .A .4 C .-S I C .I .& I .
L o u l * v . R f . -1 s t c o n .. A
103 -109
92%- 93
93 - 95% 95 - 07%
01%- 94% 9 i% - 95% 96 - 96k 96 - 97
M a n b a t .—C o n ., 1 9 9 0 ,4 9S%- 98% 06% - O
9 3 * - 05
H 92 - 06
9 0 -9 3
M e i r o p o l .E l e v a t .—l s t .l i 118%-118% U S% -li9% 116 -118% LI 4% 116% 116 -118% 119 -119% 116 -116 U 9 k -U 7 k 117 -117 117k-U 7k 117%-118 117*-119%
•M, 1 8 0 9
............... « ,i o » -106 104%-106 1OS%-104% 10<%-1Q3 101 -102% 102%-102% 102% 103% I02*-103% 103%-103* 104 -101% 101%-101% 102 -102
M n tr o n a l. -H treet R t .—
100 -113% 113 -114 m s , i i s k 112%-1U 113 -114 USM -U6k 115%-llS U'7%-119
G e n e r a !.. . . . . . . ........5 118%-116% 111 -114% 109 -111% 106%-UO 1
130 -122% 110 -120 U4%-it8%[U8 -120 llS%-110%jl2O -120 |l30%-120* X20%-120% 121 - 121% 122 - 122% 121 - 122%
B ’ y A 7 i b A v . , l f M 3 A 122 -1
117 -118 UG -lts% 1 17 -118 113 -120% 120J4-123 |l21%-122% 120 - 121% 120%-121% 122%-123% 123 -123%
C o l. A; 9 th A t .. 1 st *5 121%-123!
110%-12O% 120 -123 122 -123 12S -125
-122% 117 -118%[U7 117* 117%-119%! U8%-120 120 -120
L e x . A t . A P » t . F . A l » % 1235. m
65%- 65%
62%- 62% 60 - 60
63
M e x . C o o t * !— o n s o l. ..4 . . . . - .. . 0C%- 66%. ....
C
- 88
M e x . l o t . — o t . 1 9 4 '4 I . . . . - . . . 70%- 73 j 71
l
rzu~ 7iH 3 - 70 73 - 75% 75 - 76% 7 m - 7«M 76 - 77% 77%- 70 78% - 80% 80% - 85
M ® x . H a t . - '. M I n c ., «

«

-

6%

...

M t c b . C e n t . i'< N. Y .C .
J U lw . E l. R r . A l / t . 5 . . . - . . .
CLAN.

I

101%-101%
€

SI. A
M Inn c a p . A B t. L o u is
l s t . co n .* 11)3 i . g - ■■ V l00*-106
1 *t, g o l d , 19*17.
7
l a . E x t ., l o t , 1 9 0 9 . 7
P a r . E x t ., 1 s t , 1 9 1 1 .0
M o. K a n . A T e x a s 1 sit, s o l d , I 9 9 0 ......... 4 8&K- O0%
7%
I d , In com e. 1 9 9 0 . . 1
1 s t . e x t e n . , g „ 1 9 1 4 .3 W
83%
M . R . A T . o f T . , 1 s t .3
K . C . A P .,1 s t, 1 9 9 0 . 1 71 - 73
D a l i . A W .. 1 s t, * 1 0 .3 m - 8 3 *

M o . 14. A B.—1st* ’ 1 1 ,3 S - 07
*t

100H-106

107 -108%

106 -108

108 -109% 108%-109% 108%-HO
142%~143
125 -125

90 - 92%
88-01
S 6*- 89% 8fi%- 90% S0%- 92% 87% -90
87 - 91% 84U~ 38%!
«7
67 - 90
0om
63%- 0«% 61%- 65% 61%- 64%
» % - 66*] 67 - 02 | 57%- 01% 50 - 02*< 62%- 03% 08%- 67

88
- H < 81%- 83% 82 - 81%
'W
61%- 83%: 80 - 81%; 8 0 - 8 1
72 - 75
72 - 72 | 73 - 74 | 75*- 75%. - - 74% 7 3 - 7 3
- 80
83 - 84%' 31%- 81%, 75 - 75
80
96%- 99% 00 - 90*1; 03%- 93% 95 - 9 7 k 96 - 09% 09 - 09%

UN96-1M%L..

§ t L A - 1 . >1. A r k .l l .e x 3 j 106%-107 1Q7%-108 192
1 st « x t „ 19 47- . .4%UO0H-liO% 107%-1C8 I ..,.

■ , .. >196 -106 j106
2d ex t., 1 9 1 5 .......,-5i
g.-AI
(tcn .csn M l. A 1 .1.-5| 88 * 92 88 - 04%: S8
B ta m p e d . s o a r ----5| 8 7 - 3 9
M o b ile A O h io —N ew .0 121 -122
1 st, E x t e n ., 1 9 3 7 — fij —
ft fo n t c o m , D 1 f « is t -.A j
.
G e n . m o r t ., 1 9 3 % ----- I *7
M « r ,* .A T .H B .- S w * .P J ____

106*-107* 106%-107% 107 -108

128 -128 .

M i s s o o r l P a cific—
08 95%-100%; 9 3 - 0 8
1 St c o n s o l ..........•• •
• .1}! 04
3 d , 11104* ....................7 108 -100 . . . . - .. .. 108 -106
72 - 79% .. .. - ...
T m s t , s o l d , 1 9 1 7 — 3. 65%- 72
1 st, c o l l a t . , (■• 19*30-3 6o - 715 6 8 - 7 2% 6 2 - 0 5
P a c . o l M o ,—1 st, e x t - I 106 -106 ICO -1 0 4% : 102 -102

3d, 193% , e x t ........ 3 ... -

-106

86 - 02%| 88

123 -123 1120
76% - 80% ' 72

-

88

8434- 80
73 - 76
8 3 -8 4
99%-102

83 - 83
8 3 -8 5
70% - 71
73 - 74
82 - 83% 8 2 - 8 3

101%-102* 95 -100

91%

8 m - 89%
8S%~ 85
75 - 75
74 - 74
81 - 81% 82% - 88%
101 -101%
99 -102%

104 -110%
112 -114%
83% - 92%
77 - 00%
104 -107
111 % - 111 %
106 -106
I05%-105%
107 -107% 108 -108%
107 -107
106 -107. 106 -10(5%
106%-107%
99% 96 - 99% 97 - 98% 08 -105%
95%-100% 98%-100%
08 -101
96 - 96%
97 - 97 100 -100
122%-124 125 -125% 124 -125
120 - 121% 122 -122
116 -116
. .. .
98%-102 100%-102% 10056-102 102%~104 104%-106
07%- 97% 07%- 09% 00%-XOO
81 - 83%
76%- 77% 77 - 78% 77%- 82
78 - 81
- 77% ' 70 - 74% 75 - 78% 77 - 78% 77%- 73

-100 100 -102*
-108% 108%-110
- 78
77k - 7 8 «
7 i% - 73%
60 - 04
103 •103 100 -103% 1Q3%-I03k*
105%-109
-102 104Jtf-lO4% .. .. - . . . 105%-lOG
. .. 107%-106
102%-104 105%-106%
-106
9 4 * - 05%
8S%- 05
- 92% 8 6 - 8 8
87 - 88% 00 - 03% 92 - 94
- 88
118%-U8% 119 -120
-1 2 1

94-96
103%-1OO

1O2%-104% 104%-K>7* 104 -106
Lll -112 m % -ii2
110 -112
80 - 87% 8 0 - 8 3
7G%- 78%
72%- 77% 7 7 - 8 0
10334-10331 10394-103%
105%-106
10«%-100%

mi-

1Q4%-10G
112 -112%
80 - 81%
71 - 76
105 -105
108%-109
106%-107
107 -107%

102%-1O4
109%-111
81% - 84%
73 - 76%
105-M-106
108 -108

20

THE CHRONICLE.

[V ol . l x v i i i

1 8 9 § -C o n lin u o d .
FRBR’RY

Ma r c h .

APRIL.

A u g u s t . Se p t ’ b e r J October |No V

ber.

D ec ’ b e r .

L
Low. High Low. High Low. High Low. High Low. High Low . High Low . High Low. High ’ Low.H igh J ow . High Low. High
129 -131 130 -130 131 -131% 132%-133 133 -133
N a sh . C b ,«fc S t. I , . - 1 a t.7 130% 131 131 -131% 120%-131 128 428 129%-131%
O
(J o n n o l. g ., 1
. . . . . 5 103 -io:^ L08%-105 102%-104% L O -100 100 -102 1G2%-102% 102 -103 100%-104 102%-104 10194-104 jl03%-106 107 -107%
M ow Y o r k C o n t r o l—
j
K . Y»C. Sc H ., 1 st, c p . .7 U0 -HO* 110%-117)4 115 -116% U3J4-115% 115 -118 119 -119% 115%-116% 115)4-117 116%-116% 117?6-117« 118 -118 118 -118
11594-11594 .. .. - .. . 118 -118 117%-llS . . . . - . . . .
110)4-117% 115%-115% 113)6-115 iig %-ii 8 U5%-119
111 -111 10S%-108% 10934-11094:111 -111% 1 1 0 -110%
11 1% -112
10G%-108 106 -107)6 10. %-109% 110%-110%
D e b ., 1 S S 4 -1 U 0 4 ..
110%-110% .... - ....
11034-111)4 109 - n o
lo e ji-iiiH 107 -103% 106 -106 10,1)4-109%
105 -105 .. .. - ---- 106%-108% 105 -105 104 104
I>eb.. g ., ’ 9 0 - 1 9 0 5 .4 104% 104% 104%-105
... - .. 102 -102 102%-lO4% 104 -104%
10 1 % - 1 0 S% . . . . - ---I
R e g i s t e r e d - .... . 4
10494-104%j 106%-108% 105 -105% 10334-103)4
D e b t c e r t s ., e x t ., g-4 103)6-104% 105 -105 102 %- 10 2 % 102 -103% 100%-105% 104%-104% 104%-104%
104%-104%
105 -105 104 -104
fc K c g U t o r e d . . . . ...... 4
r
107 -107 105%-105% 106%-107% 107%-107% 107%-107% 108 -108 109%-110
' G o l d , 1 9 9 7 ............. 3%
_
_
108 -108
104%-104%
R e g i s t e r e d ----- - .3)6
107 -107 108M-10894 105%-105% 105M-105J6
.. - .
107%-107% 107%-107%
109% -109% 109%-109%
'H a r le m —
-1st, c o u p — 7
107%-107% ---- - . . .. 104%-108 105%-105% ic5% -ioe%
107%-107%
R e g i s t e r e d ........ .— 7
Wt^st S h o r e , g u a r ..4 105)6-1X0 109 -110% 107 -110% 102%-107% 106%-108 108)4-110% 108 -109% 109 -110 109 -110 109%-111 110%-112% 113 -113
10894-109% 10894-109% 10834-110 1 1 0 -111% 10CJ6-112M
109 -110 100 -109% 101%-107 106 -107% 106%-108% 10694R e g is t e r e d ................. 4
.... - .... .. .. - ___ 108 -108 . . . . 106 -106
B eech C ro o k , r e g ....4
94 - 95% 94%- 96
96 - 97
94%- 06% 94 - 96
88!^- 89^
94 - 95
L u lio S h o r e , c o l I . . . 3 ^
94 - 94
94%- 95
94 - 94
9334- 95
R e e l s i r r e d ............ 3%
96% - 97
9SJ693 - 94
94 - 95)4 $ m - 88)6
9 3 -9 4
93%- 95
91%- 92; 92% - 95
M ic h . C c n t Tl, c o l l . .3%
91 - 91
93 - 93 . . . . - ...
. . . . - . . ..
R e g i s t e r e d ............ 3)6
95 - 95
O l e o r f . B it u m . C oa .1 4
119%-121 121%-121% 123 -123% 124%-124% 125 -125% 124)6-128 128%-130 129 -130%
121%-123 122 -122)6 120 - 122%
It. W . Sc « . , c o n . ltU -5
123 -123 123%-123% 123%-123%
123 -122%
120 -126
fi. Y . Sc N o.—1 s t , is...3
_
_
_
107 -107
ITttea d s B i , R l v . , g u .4
102 -102% 102%-102)s 102%-102%
I ,, S . &; a t . S o ., d lv»d.7 106 -106 106)6-106)6
10494-10494
B u fl. d ; E rie , n e w ...? 102%-1C2%
121 -121
9 D 0 t.iU 0 n .d 5 T ., 1 « . 7
105^-10556 107 -107% 106%-108
.. . 1 st c o n s o l., c o u p ....7 107%-10t>% 109%-109% 109%-HO 107 -107% 108*4-109
.... - ....
109%-1C9% 105%-109 105%-105% 105%-107 105)4-107% 105%-105%
106%-106% 10594-105% 106%~107 107 -107
1 st c o n s o l., r e g ........ 7
11594-115%
| *<td c o n s o l., c o u p — 7 119 -119% 120 - 120% 119 -119 116%-116%
. - ....j 11594-11694
! !£d c o n s o l., r e g ......... 7 119 -119 119)6-110% 119 -119% 119 -119 118 -119 115%-115%
115%-115% iH594-11594
j G o l d . 1 9 9 7 ............. 3)6 104%-106% 106 -106% 102%-105% 102 -102 103 -105 104 -104% 104 -104% 104%-106% 10594-106% 106 -107% 1O0%-1O794 108 -106%
103 -103%
R e g i s t e r e d ............ 106 -105
107%-107%i 10594-106%
105%-106%
M a h o n 's : C o a l , 1 s t .5
121 -1 2 1
M ich . C ent *1 1 st, c o ii.7 114%-114% L13%-115% 113 -114%
115%-115% 110%-112 {111 -112
112 -112 11394-114%
112 -1 1 2
1 0 0 9 ............................. 6 123 -123 122 -122
1 s t, co n s o l
........... 3jl00%-iO6% L t39g-106% 105%-105% 103%-103% 102%-102%
O
105%-105% 105%-107 105 -105 104 -104%i 104%-104%
121 -121
1 9 11............
5 127 -127
121%-121%
R e g i s t e r e d ............. 5 125)6-123%
L G -106
O
M o r tg a g e * 1 9 4 0 — 4
R e g i s t e r e d . ... . . . . . 4 108 -108
M. Y . C h ic. Sc S t. L . - 102% 102%-104% 103%-105
l s t ................. .
.. 4 10696-107)5* 105%-107% 103 -105%
105%-107 10594-107 104%-105% 105 -108 10594-106%
-104
R e g is t e r e d ................. 4
104 -104
N . Y . N . i l . Sc H a r t I’ d —
C o n .d b . c t » ,a l l in s .p d .
145 -145 150%-152 155 -157%
159%'160 160 -101
161 -162% 170 -173
N. V . d : N. E o g ,. 1st. 7
119%-120% 120 - 120% 121 - 121% L21%-121%
1st, 1 9 0 5 .................... 0
113%-113% 114 -114
115 -115
H o u s a t o n lc , c o n s o l ..5
126%-120%
N . Y . & N o .- t o f N . Y . C .
M. Y . O n t. Sc W e s C n
1 s t , g o l d . .............. — .5 107%-108% 107%-108 100 -108 106 -100% 107 -109 108 -106% 106 -106% 106%-107% 107 -107% 107%-107% 10794-10894 105%-10694
K e l., 1 s t , 1 9 9 2 ........... 4 97% 100 100 - 102% 90 - 98
- 100% 100%-102
9 m - 97% 96%- 98% 98%- 99%
98%-102% 102 -103 10294-103% 102%-105
R e g i m e e d ...... .........4
101%-101%|,... N. Y . S . Sc W . -Sc* KrI©.
N o r i. Sc S o . —I he, ’ 4 1 - .5
N o r fo lk Sc W e s t e r n G e n e r a I. , . . . . . . . . . . . . . . 6
124%-125% 120 -120
120% - 120% 121% - 121% 122 -122
123 -123
N e w R i v e r , 1 s t ........ .0
118 -118
124 -124 124 -124
.. 128 -12:
I m p . Sc e x t ., 1 9 3 4 .9 117%-119% 1X7 -117
117%-117%
8 c . V a l. Sc N . K ., l s t .4 83% - 85
87
84%- 87%
- 84
82%- 86
89 - 91% 90 - 92
- 88
92 91%- 9394 94 - 97%
N .i c W .R y . , l s t ,c o n .4 79 - 81% 80%- 85
78%- 81%
81%- 83% 83%- 87% 85 - 86
■ 79% 77%- 81%
- 83
82%S3%- 87 j 86%- 90
N o r t h e r n Pacifies
C e il. 1 st, la n d g r a n t . 0 116 -117% L1G%-119% 112 -118 113 -114 114%-116% 115 -117% 112% - 112% 114 -114 113 -114 116%-117% 117 -117$$ 117 119
R e g i s t e r e d . . . . . ........ 0 11696-117% U634-110 112 -114% 113%-113% 114 -115 116 -116
112%-114 116%-H7
8 t . Pa.nl Sc N o. P a c..< i
126 -126 124 -124
131%-131%
129 -130
13194-131%
R e g is te r e d ce r tIP s
124%-127 127 -127
130 -130
N o. P a c . T e r . C o „ l s t . ( j 104 -107 10534-107)4 105)4-100%
107 -110% 112 -113% 110%-112 112%-114 112 -112 115 -115% 116 -116 115 -115%
N o . P o e . I t y . - P r . lie n .4 95 - 97% 9134- 07% 93 - 96% 90%- 93% 01%- 96% 90%- 93% 97 % - m
99%-101% 100) 4- 101% 100%-101 10094- 10 2 % 101%-103
R e g is t e r e d ,
95%- 95% 96 - 97% 93%- 94% 93 - 93% 93%- 93%
100
99%-101%
G e n e r a l lie n , 2 0 4 7 .3 60% - 63% 59)4- 03% 5?%- 62
57 - 60% 59 - 61% 61%- (
62%- 65% 64 - 68
66%- 69 '66%- 67% 65%- 68
67 - 70
W a s h . C e n t’ l, 1 s t .. ..4
88 - 90
88 - 88
8 8 -8 8
O h io I n d . Sc W e s t . —See
C . C .C . d c S t . L o u is .
O h , Sc M is s .—Sc« B .& O
O h io R i v . — 1 s t , g . , ’ 3 6 .5 .02 -102
O h io S o u th e rn —1 s t -....0 8 0 - 8 3
81)681 - 83% 83 - 83% 83 - 85% 84 - 84
G e i.t g o ld , 1 9 2 1 — .4 I t - 15
14M- u y .
S - 8% 8 - 9
T r u s t r e c e ip t s
10 - 10
10% * 1 1 %
10 - 10
8 % - 8%
Ont, Sc 8 t . L . ~ l s t , * 0 1 .4 8 2 - 8 2
7 8 « - 78)4 76%- 79
7 6 « - 76M 70 - 76
80 - 80
7 6 -8 0
75 - 80
80 - 80
78 - 80
80 - 82
O r . Sc f a l , - S M 8 0 . P a c .
O regon Im p ro v . C o.
1 s t ................................. 6
109 -109 100 -109%
T r u s t r e c e ip t s ........ .... 103 % - m
109 -112% 10A%-108 100%-100 106 -110 111 -114
C o n , 5 a , in s t a lm ’ t pd.. *46%-560% 555 - 62% 551 - 59 549%- 57% 563%-*00% *59 - 61%
O r , R R . Sc N a v ,- C o n . 4 04% - 96
93 - 95
94Hr 07
8 9 -9 3
92 - 96% 94%- 96
95%- 97% 97%-100% 99 -100% 99%-100% 100%-101%
» -IOO94
O r o g . R ’ y < k N a v .- l s t . G 112%-115 114 -114 113%-114 111 -112% 113%-113% 115 -116
112 -1 1 2
113%-114% 114 -114
113 -114
O r e g . S h o r t L i n e - l s t . 6 124 -127% 123 -125% 119%-.123% 118 -120% 120 -124 124%-127% 125%-128 125%-128
128 -127% 126%-129 12894-130% 129%-131
U ta h Sc N o r t h ., 1 s t ..7
121 -1 2 1
O regon S h o rt L in e —
96% -100
1 s t, c o n s o l .................5
09 -102
96%-101
96 -100
99 -103% 103%-107 103%-105 105 -108% 105%-107
105%-108% 107%-109% 109%-111%
N o n -c a m . inc*, A . .....5 6 8 - 6 7
04 - 00
59% - 06
59%- 03% 60 - 70
70%- 74% 73% - 79% 79%- 81% 73 - 75% 74%- 77
76
~
" " J 83%- 85%
83 |
N o n .c u m , Inc.* II....... 5 3 0 - 4 0
4 4 -4 9
45 - 49% 40%- 47
46 - 50
53 - 57
5094- 54
56% - 58% 50%- 58% 54%- 58% 57
64 j 63%- 6794
P a c ific C o a s t C o ,—l s t . 5
102 -103 102%-104 1O3%-1O0% 10394-106 104%-105% 105%-107% 10394-105
P e n n s y lv a n ia C o .—

_

_

_

1 st, cou p on . .. ... ...4 %
HO -112% 108 -110 108%-111% 112 -113% 112 -11394 113 -118
112 -114% 114 -114% 11434-115% 115%-116
R e g i s t e r e d .............4%
....
110 -110
G a a r „ r e g „ 1 9 3 7 .. .3%
102 -102
P .G .C ,d c 8 l.L .,S r .A 4 % 1U % -112% 113 -113 1 1 1 - m
109%-110 110%-H0%
U2%-112% 112%-U3
111%-113 114 -114%
a S e r i e s I I ., 1 9 4 2 ...4 % 111%-113
112%-113
109 -110% 108 -109% 110%-U1%
112%-112% 113%-H3% i n % - m %
S e r ie s C* 1 9 4 2 . . . 4 ) 6
113 -113
S e r ie s D . 1 9 4 5
.4
104%-104%
104 -104
I 4th Instalment paid.
S 6th instalment paid
* All instalments paid.

J

ascasy

7,

THE CHRONICLE.

18 19 J

21

1898—C on tin u ed
J a n u a r y ]FKBR’ R.Y. ’ Ma r c h .
'Low .High
P e a u s y l r . C o*— Con.)—
P . C ln .

1
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Low. H ie 1 Low.Hiuh Low.Hlgll L ow .H igl L ow .H igl L ow .H igl L ow .H igl L ow .H igl Low.H igl Low. High

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109 -109

---140
140
107

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108

106
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P e o . Sc P e k in U n io n —
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P a . C o.
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120 -120
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8 7 * - 8 0 * 8 8 * - 01

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114 -114m
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W - (MM 04 - 96%
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109*-U O* 110 -110*4
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127 -127m 129 -129

... - ...
113 -114
111^-114
121 -122%
io&m-io7m
100 -10 0

H 3 m -in %
lis m -iu m
122m-125
107%-HO
... _

78 - 7954 7 8*- 81* 79 - 80% SO*- 80*
31 - 34k 33 - 36
35 - 41%
c

3 1 m- 33 m

107 -107m L05 -105

105&-106

11 0

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120 -126

100 - 1 1 1
112 -11.33-5 u s * - m *
101 -102M 103%-103% 102M-104%

129 -130

108 V 1 1 2 R

110 - n o

n o * - n o * 1 10*-U 0* . . . . - .. .. UO -HO
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113 113

_

£

. . .. - _
_

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04 - 0 4 * 94 - osm 96m- oom 9 7 V 09
e
105 -105
94 - 9 5 m
uovm m
109V110
81 - 82H
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_

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U 0V1U
100 -109
8 0*- 88*

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6 8 -7 1
—
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lot * - 100 * losm-ioom lo e v io o m
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109 -109 L S -llOm
s e x - i o i * 100*-102*
9 6 -9 6
« * - e « * 8 4 * - 70*

103m-103k
08 - «9k
112 -112
1 09V U 2
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9 3 -9 5
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103 -108
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U 3 * -U 2 * 113 -life
107 - 100 m 1O7V100
n s -n »m 121 -122
112 -11454 Ufe -116
lift -118
9 5 -0 6
0 6 -9 6
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102 -102

107V1O8
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109 -110
122 -123
117 -117
125 -126m
0 6 -9 6
106 -107m
107 -107

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100 -n o m
119 -119
116 -116
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.... - ....
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9 7 * - 9 8* 96V100m 100 -102%
•
.. .. - . . ..
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1 1 1 * 112 -112
- ...
.... - . .
82 m - sem 8 3 V 85%
. . .. - ....

111*

_
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66-m- 68-M 6 7 * - 70*
_
100m-102 102 -103
loom-ioam 108V109M
lo -ioom
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102 - 102 m
_

83 - 8fem 81V 82m a* - som 87m- 88
106 -11(^4 107*-108* 108*-1CO* 108 -110

8 7 V 9ZH 87 - oom SOiH- 9 3* 93M- 96
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118 -110
122 -123
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losm-iosm

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U9*-120X
106 -106
100 -100
116
116

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106 -106m . . . . - ___
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105 -106
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7 8 - »im 8 1 - 8 2
... - .. .. *•* * .. ..

100 -100

8 0 * - 8 4 * 81 - 84

. . . . - .. .. i24Vi24m 123V123m 123 -124

8794- 8794
W . N . C a r .. 1 * t. cn n .fi ll2 M -U m

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116 -116
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105 -106M
100 -100

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78 - 79m 7 8 * - 83* 82m- 86
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97 * - 97 *

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7 8 * - 7 9* 79m- 81

107 -108 - .. - .. .. i0 5V iw ^ 4 lorm -io* IOC*-408* 108* 108* ioftm-109
97 • 97
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_
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67 - 0 1 m
59)4- 52* 66m- ®om 6 5 V 68
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B6H- 06M 9 3 V 00m
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70 - 7 4 * 7 2 * - 74* 72m- 70H 76 - ism 78 - 81
3 1 -3 5
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—

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D i v is i o n a l ................3
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V a. R id .,, . I fl3 «
3jl0a*-106 |l0» -106*
1936*
i t a w f H . 3jl04Wrl06M|10&*4-106

t Jrt instalment paid.

..................
9 0 -9 0
108*-100* 10 9 -n o m 109 -111 1 11*-U 1* I l l -112%
9 1 -9 3
90 - 9 1 * 9 1 * - 95* 9 4 * - 9 5* 95V-100%
46 - 50
8 2 * - 8 1 * S I * - 84* 8 0 * - 8 2* 8 0^ - 85
84%- 89

74 - 7S
9* - 96

life *life’s
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U 3vM A
n o m iw m
io iv io 3 m

**

_

70 - 74

n o -u « m
life -life?* lifeM -iid*
Ufe -116 u fe v u o m
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103?4 • % 40®V*05%
10*
03 - 9*1
67}*

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9 0 -9 0

7 2 -7 6

w m - 06

'18*- 70

_

106 -108 106 -107m
8fe - 88m 8 7 —93
39 - 40
» * * - » 6 * ? ! * - &**
91 - 91
6 6 -6 0
h e v 00

98 - 99

20 - 20

.

120 -120

99 -100£j 99 - 99

99 -100

_
_

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7 0 -7 2

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9 6 -9 8

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mom* loom
fe'
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1 s t, c o n s o l ., 1 9 3 7 3

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8 0 -8 4
81 - 86% 7 9 - 8 1
7 « * - 81
_
_
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80 - »tm

R e d u c e d t o ......... 4m 106 -107% 108 -108%
07 - 00
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_
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M la n .U n .. l a t , 19*22 6 122*4-122m
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106 -1Q8U ioa -100
E . l l l n n . , ta t D i r . 1 st 3 10694*10194
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.

1 1

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P ltta b .M h .d r L . E. - 1 s t .3 107 -10834
F it ta b . A: W e s t . - l a t . .4 77 - blfc
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2 d . c l a s s A , 19 0 6 ...... «
( 'l a m H, U IOS..............(>
C la m C, 1 9 0 6 ......
«
G e n e r a l. IN 3 1
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G e n e r a l, 1 9 3 1 . . . . . -3
1 « t , t r a . t , 1 UH7 .
.1
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l a t , 1 9 6 9 .......................4
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4
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1 s t , 1 9 3 1 . .................... 3
'2d, 1 9 1 7 ........................ 3
SX. P . M ia n . 4 ; M a i l . -

... - __

..

92%- 03%
70 - 76%
LiSVliSm
103 -103m
i08V112%

102 -102
98% 100%
112%-113
112 -112
8 5*- 87*

9 4 * - 9b*
74V 8im
Lie Horn
03%-104m
1 U * 118*
Lism-nsm

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87 - 87m 80m- 92
109 -113%
109V109&

MM- 98* 9 8 * - 98* 97 - 99m
- ..
98 - 9S
. . . “ . . . .1104m-105 L05Vl05m
100 -100 j100 -101
118 -118
io e * - i o o * loom-ioom L06M-107M
114*-114* 114 -115
i n -lia m 11 3 - m m 114 - 1 1 4 m
120V120%
120 m -1 2 1 1
U 5 * -iir ,* 116 -116 L16 -117
i22m-i22m . . . . - ---104 -104
... - ....
107V108 108 -108 L08V109
107m-107«
9 0 -9 0
n s - 113 m

09 -104m 1Q4V106
,.. - .. ..
.. - .. ..
107 -107
I02m-102% ... - .. ..
107 -107% 107%-108
H6 -117 I117 -117
L12V113M life -n o m
128 -126 |125 -125
117
L25 -125 izb -i.2/
L0im-104m
10«*-109 i o 9 * - m
Loum-ioom
ti4 -ufe

18%-L18%

THE CHRONICLE,

22

[V o l J iiX T I I l,

lSSS-Contiaaed, k
.
MAKCH.

JANUAR v Pbb &'&y

BONDS,

| w,U I„ hjLow.Hlg i Low.H lg
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T e rc a ’ l Aiu*’ *» o l S t. I.*.,U0?I-1105 £ uo% -n o> .. .. - ...
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99 -102->
5j 07^-101
£«, ttte.f a o o o ....... 5: 28 - 34 i 31%“ 85
T h i r d A v e n u e (N , Y . ) —
.£
1 s t , 1 0 3 7 -------- ---------- 122 -123J 123%-124
T o l e d o & O h io G e n t . 1 s t .................................... 3 KKJd-lOS} 4 104 -104-1
V e i t . D l v ..
'3 5 . 5 103«-103}4 . . .. - ...
K a u . A t HI U o M r a o K 1 n - m * SO}*-88}
T o l . P e o r i a < fc W e s t .—
J
7 2 « - 721
T o l . S c. L . A: K . C . S6 - 88
1 s t, 0 , T r u s t r e c e ip t s 8 6 - 9 0
V is . As l>el«—1st* oast,,* I03%-104 103%-103%
02 - 95?
U d . P „ 5 0 - y r ., e . , ’ 4 ? . ,
R e g i s t e r e d ...................*
U n ion P a c ific — @
1 st. 1 8 0 0 , 6 , T r u e
r o c ’ p ts, e x . m a t . c p s I10%-125% 127%-127%
1Q3%-103%
T r . r e c . e x . m a c . cp s 113&KL25? 126%i-120%

S8%-101%
20 - 34-?,

MAT.

APRIL,
Low. Hlg

i
97M-100
29%- 32

. . .. — .. . 122%-122> . . . . -

U7M-123

- ...
. . . . - .. .
80 - 82

104 -104 . . . . - ... 102 -105
.. .. - ... . . . . - ... . . . . - .. .
78 - 78
• 6 - 76
7
78
7S

69 - 72

70 - 70

t> c b u .
e

109 -110
.. . - ...

124%-125

...

104 -104
103 -104
78 - 79

103 -105
105 -105
80 - 80

70 - 72

77 - 78

85%~ 83
8 6 -8 8
86 - 36
8 5^ - S5J.3 80 - 80
.. .. - ... 98%-101 101 -101% 98 -100 100 -100
94}*- 98^ 96%- 98%
88}*- ash 8SM- 91J.I 9 1 « - 9iH
_
_

_

...

_
.
_

_

_

_ '
..

. ,

-

- ,,

_

.. _

77 - 78%

_

_
„
_

_
56 - 59

i

L ow .H 'gh
110 -110
i n ; * in * *

105%-lO5%
-n o
45% 50
>—

10 7

120%-128% 137 -128

104 -105 104%-105 105 -106
. . . . - ... 104 -104 104 -104
79 - 79 . . . . - .. . 78 - 80

90 - 90
89 - 90
100%-100% 100 -100
97569756- 99
98%- 9S7>
/

_
_
.. ., —
47 - 48% m u - m i 55 t 55
_
.
_
_

_
45 - 48
_

77 - 77}.

1O6%~1O0%
102 -102
80 - 80

76}*- 78

73%- 80

90 - 93
S9%- 91
89%- 92
101 -101 100 -102%>100 -100
98%-100
99%-XOl^ 101?*-106M
99%- 99Vi
_
.

_
_
_

_

_
61 - 65
_

57%- 61

_
05 - 68

_

i

_
_

V

_
m
.

in i

_
_

51%- 58% 5S - 63

e m - 73 a 73 - 79

7 m - 77H 7«M- 8C% 7 9^ - 88

105 -108% l o r n -n o ^ 109%-110% 110M-112M 111%-112
77U- S3J* S3%- 86% 86 - 91% 88%- 90% 88 - 90%
25% - 28% 27 - 28% ■27%- 28J* 28%- 39
31 - 36
100%-103% 103%-105% 102 -104 103 -104% 105 -105%
no

-n o

111%-114%
87}*- 89}*
30%~ 33%
105%-105%

8*}*r 88}*

m
-112%
89%- 92
30%- 34%
107 -108 .

U l}*-11 3 «
90%- 95
33 - 36
107%-108%

_

_
107 -108 108 - n o 107%-10SM
107 -108% 108 -109% 108%-11O 110 -111
ol% - 52% 52%- 53
53%- 55
56 - 58% 53%- 55 * 53%- 56% 53%- 54%
13 - 14% 14 - 15% 14 - 15
15}*- 16U 14%- 15
13}*- 13}* 14 - 14% U H - 20%
_

_

-B oston U n ite d G a s —
T ru st, c t fs -, s iu k p fd ..5
51 o o k ly n U. G o a —1 s t 5
D o t . C ity G a s - 1 9 2 3 .5
D e tr o it G a s —
C o n s o l.. 1 s t , 1 9 1 8 . . . 5
E d is o n E lec. U ln ra .—
1 st, 1 9 1 0 ........................... 5
1 s i, c o n s o l., 1 9 9 5 , g.5
G e n e r a l E le c t r ic —
O o b e ii., k o ld , 1 9 2 ‘js..,3
Par.. U j i h , S t. 1 . . — 1 s t ,x . 5
P e o p le '.* ( x . I j . A C t i U e —
5 i d , r o a r . , a „ 1 9 0 1 . . . |>
1 s t , c o n ., c „ 1 9 4 3 .. .-H
B e iu n d in g , 1 9 4 7 .......... 5
<>h. G . - l i . As f j . , 1 s t . .5
C on* G a s , 1 s t , 1 9 3 6 - 5
E q u il, G a s As F „ l s t . 6
M u t u a l F u e l G a s —1 st,6
W e s t e r n G a s , c o l . t s t .5

3EPT?
BSR.[ OCTOBER N o v ’ B m

<
_
.. - ... . . . . — .
108 -108 105% 1051
iv M w
99-54-105^ 102%-106 105 -108%! 106%-107k 106 -107 100%-107% 107^-110
32 - Sfift 36 - 41
40 - 44k 425*- 60}- 43 - 47% a y s - m
«M -4 S

123 -124
....

AUGUST.

JULY.

. 109 -109
108%-10S>£109 -U0>
... r■,,, - ... 111%“112>/ . . . . - ...

106)*-105; 105%-107
_
. 109 -109

T r . r e c . e x . m a t . e p s 115 -124
1 s t , 1 8 9 9 . ti. T r u s i
_
r e c ’ p ts, e x . I&rat, epa 11G%-15>43> 129%-129%
51 - 51
45 - 45% 44 - 4-4
€ o U . t r ., *lJ*fi, t r . r e c .
<3o ld n o te s ,ti2 % # p .p d 43 - 47% 50%- 50%
L13%-125& 133 -134%
lll% cl24^ 125 -126%
t t a u . P a c ., 1 st, 1 8 9 5 ,6
■'•* ■
T r - re e . e x m a t . ep .. 118 -118 L22%-122%
1st,
6 , T ru st
_
■ 112 - n s
121 -125
120 -120
117 -120 137 -131% 120 -120
1 st, c o n s o l., 1 9 1 9 , 0 ,
_
84^-103 103%~115% 37%-107%
_
3 5 -3 9
D .P .J j.ifc € „ 1 s t , isu. 5 33 - 33
G . P . D . & G . , l s c c o n .3
T r u s t C o . c e r t i fy .
4S%- 57% 54%- 58% 50%- 59
49}*- s m
T n , M id .—j$ee S o u t h e r n ,
W abash —
107^-10854 107%-110
l i d m ore., g o ld , 1 9 3 9 .3 S9%- 82% 78 - 82% 7 m - 79% 76 - 7 7 «
D e b . iu c ., 1 9 3 9 ,1 5 _ U 27 - 29% 27% - 28
_
21 - 22%
22%- 24
09 -100}* 100%-104% 99%-102
D . & C k . E x t .1 9 4 9 . , 5
97 -100%
S t . JL. K . C . & K o b
8 t . C . B ’ & e,l»t*’ 6:S.6 n o - n o . . . . - ..... 108J*-108}*
W e stern N , Y . & P a . —
1 s t — . .......................................... 5 106 -108% 108 -108% 108%-10S% 103 -105
48 - 51% 51 - 55
€ 5 e n ’ ! , 1 9 4 3 , f f . . .2 -3 -4
50}*- 52% 47M- 52M
I n c o m e s 1 9 4 3 . , . . — 5 10 - 15
14%- 16
1 3 « - 13}* ---- - ------W h e e i ’ e A; L a k e E r i e —
_
1 s t .................................... 3 100%-100% 101 -101% 101%-101%
T r u s t r e c e i p t s ........ 10054-101 ____ _
100 -103
W h . D i v . , l s t , Sc,1 3 8 .5 . . . . - . . . . . . . . . - . . .
»
_
90 - 90
E x t . & Im p .a ,,1 9 3 0 .5 . . . . - . . . .
92%- 92%
_
C o n s o l., g o ld , 1 Q 9 2 ..4
W is c o n s in C ent’ I C o .—
1 s t, g o l d , 5 , t r u s t re c .. 33%- 45
39%- 45% 35%- 43
36%- 39
I n c o m e , 1 9 3 7 - .. ,........ 5
5 - 7%
Li A S A N D E L E C T I t I C .

J une.

7.
Low. Higi Low. Hig i L q\ Higl Low.H lgl Low .H ig i Low. H igl Low . Hig

_

90 - 90

_

_

■

103 -103

_

_

100 -100

_

103 -103
103 -104%

100 -101

100 -100

35 - 35

39 - 49%

38^- m i 40%- 43% 41 - 49% 47%- 55

•

•‘ 53 - 57%

6TU- 57}* 54%- 61% m u - em
5%- /%
8U - 7}* 7 - 7

81}*- 81?*
- ....

....

©
9Q%- 91112M-114

96 - 98

....

-

....

96%-103

. . . - .i d - . . . ... m & - 9 i3
%
L12 -113% L09%-112% lll%-114% L14%-115 114%-115 L1451-11SJ* 114 -115%
115%-116% 114%-115 114%-117
09
94
91%- 95% 91%- 92% 92 - 95
93 - 94^ 98 - 94
93%- 95% 95 - 99%

95 - 95

92 - 92

91 - 91

90 - 90

95 - 95
91 - 94
-r;
m r
112 -U2% 111%-112% L09 -109% L S -109% -09 -109% 111. -111%
O111 -111 Lll%-112 no - n o
n o -n o
L15%-117 116 -116 .14%-llS
J.4%-114^ .!4%-118% -17%-119 L15%-116% L17%-117^ L17%-117%
117 -117

....

-

....

L10%-110% U0%-U2
120 -120

100% 101% L00%-101% L O -101% 96 -101% L01 -104
O
103 -105% 102%-104% LOO.%-103
00 -101% 00 -103

02%-104
08 -105

104%-105 L055i-108
L04%-105% L04 -105

108 -109 L O -110% 107 -108
O
104}*-105}* 104%-105% L04%-106 105^-187

L G -108
O
116%-120

15 -116

L06%-107%
L15 -120
-17}*-U7}4

L G -106%1 L S -108 L0o%-105%
O
O
L16 -116
15 -117% a8% -l24
L0±%-lu6
O0,%-1O0% L09%-10.9%
Lll -111%
L05 -105 - .. . - .... l S -106M
O
03%t104% L04%-105% . . . - .. .. . . . - . . . .
L01%-105
00 -105
04%-106

...

-

109 -109 L02 -102
U9%-119%

116 -116

....

105 -108% 105%-106% 02 -105% 103 -104
103 -104% 104 -106
02 -103% 01 -102
102 -102
... ....
... - ....
01 -101
... ....

m S C E 1,1.4 N BO IJB .
&
_
A d a m s E x p r e s s —C o l l .4
A m . C o t . O il—D e b ., g.JS L S -100
O
A m - S p i r it s jHfff.—l s t . 0 74 - 75
H’itlu W . & W . H . - l s t . a 98%-100%
C ol.C .< & I , - l » t , 1 00 0 .(1 95 -100}*
« o l . F u e i - G e n „ 1 9 1 9 .6 L O -104
O
1 , 1 . F . dfc I .—G e n ,, s .f.5 81 - 81
^HMamcT*l C a b le —1 s t .4 104 -105%
R e g i s t e r e d ...... ........... 4 ,
C o m s to ck T u n n .—I n c .4
D o t . M . d ? M . D v -« ...3 % ! 173*. 17}*
a S r io T e K ife T p h o - 8 . 1 .3 j
111. S t e e l — e b ., 1 9 1 0 .5
D
/liic b .- P e n , G a r —1 s t ... 5 i ... - .. ..

_
too - 106 % 02%-107
73 - 77
97 - 99
94 - 98
99 -100
98 - 08

04 -104
06 -108
...

...

®

80S{- 81% ... - ........ .. . - .. .. SO - 81
L05%-105% ... - . . .. : 01}*-101J*
L04 -104
... 3 » 4
I'M - 17ii
17%- 17% 16%- 17
98%- 98% .
-

....

.

-

OG%-106% 05 -105
72 - 77
02 - 95
90 - 99

-

04 -105M 05J* 106
04 -104
•' * ~ *- 02 —
102% . . . - . . . .

-

99 - 99% 9S%- 99%
06 -108% 06%-109
79%- 86
92 - 04
.
00%-l02

00 -102%
07 -107%
84 - 90
91*%- 92
98 -100

.

8 2 -8 2
.. .
.. . 79 - 82
80 - 87%
.. . ' . . . . . • _ •••« . .. . - .. .. 103%-l03% .
•

.. . _
ig % -

im

99%-100%
06%-108
8 i - 87%
88 - 9A
100 -100

00%-101% 01%-105
O -109% 107%-108
S
81 - 85
82%- 85
84 - 89
88 - 92
00 -100 100%-106

4 - 4
.
m - m .
4 - 4
i m ~ 17 % 16%- 19 .
16 - 17% 17 - 18%
.. . - .. .. .
~ ........ .. . - . . . . . . . . - . . . . 1 04 -104%
.. - .. ..
.. . - . . .. ; ... - Y.'.l.'
9 5 -9 8

03%-105
08 -108
83%- 86
am - am
.

18%- 24
103 -106%
1 )0 -100
98 - 98

THE CHllONICLE.

J a n u a r y 7, 1899.,

26

1§9£—Concluded,
| a n t t a r y |F e b ’ a r t . 51ARCH.
j
A p r il ,
Ma y .
•rt-xn
JULY.
AUGUST. Se p t ’ b e r , Oc to b e r . N o v ’ ber , D ec.’ b e r .
1--------- ----- -------------[Low.High [Low- High Low.High Low-High Low.BQ.glj Low.H igh Low. High Low. High Low. High Low. High Low.High
Low. High

BONDS,

Pfai#l S t a r c h —l e t ........ i f 105 -100 .106&&08& 106 -106 . . . . - .. ..
P r o c t e r A: G a m b le ...... b ... - ...
... - ....
113 -113
S t a n . R o p e A; T . —l « t .-(i 57 - 61% 50 - 61*6 51 -57*6 55%- 57
57*4- 70
I n c o m e ., g o ld . 1 9 4 6 -3 . U *f- i S « UW,- 10H 11 - 13
1 1 -1 2
13*6- 17
T e n n .C o a l I r o n Ac K y .—
T e a n . D i v i s i o n ...........0
84 -8 6
S4K- 84*4
7 9 -8 2
B lr r n . D i v ., 1 s t , c o m b 8 4 - 5 “
S8 - 86*4 T9 - 84
80 - 82*6 8 2 - 8 5
D c B a r d .C .d k I . —Gu.f>! S3 - S3
. . . - ..
_
............ - ...
C a h a b a C . Ac I . , « a . 6
U .S . L e a t h e r —D e b .s .f.6 Hi 4-115 U 5 -116 115 -116 113*4-115*4 111*4-114
W , U n ion T e l e g r a p h —
1 8 7 5 - 1 9 0 0 ................. 7
-.106*6-105*6 105 -105
_
Bess la te r e d — ............ *105*6-105*6 .. .. - ...
C o l . t r . , c u r ., 1 9 3 8 - -5,109 -111
... - .... 109 -110 105 -109 106 -109
111 - l i t
B I s t x a l U d Io b . i . 1 . 6

QUOTATION'S OF STERLING
Day

1

2 ...

107*6-107*4

103*4-104

84 - 92*6 92 - 93*4 90 - 93
92 - 95
86*4- 03*6 92%- 95
92 - 94*6 94*6- 98

85 - 86

8754- 89

107 -109

102 -104*4

67 - SO
75 - 82
75 - 77% 77%- S3
79*6- 84*4
14*4- 24*4 19*4- 23% 18 - 21
19*6- 21*4 19M- 25

_/

95 -103*4
98 -106
95 - 97

114 -114*6 114*6-116

116 -116

116*4-116*6 115 -115

109*1-111

110 -112

112 -113 1U*4-1H*6 111*4-113*4 113*6-115
111 -111
112*6-112*4

105*4-107
109*4-110

116 -117

103 -103

EXCHANGE FOR EVERY D A Y OF THE YEAR 1898.

February.
BO B. S ig h t .

81*6-2 *4
81*6-2 84
8.
s i *6-2 81 * 4-5
gl'flg 34 85
81-82 »4-s3

4 83
Hotid*?. *68544-0

.

4 S&df&U-O
8.
4 83H 4 3d
4 88H 4
.................. m 86

4

*3-83**4 33*6 4 86
m

5

& A -S
3-X !4 B

_ .

6

7- ...83~St

4 S3

SB
St}

8....JS3-S4

W . . . . , 83-3*6 *5*^0

15. ,..,8 3 -3 j* 855*0

10....

8.

1 7 ..

4 85J£ 8046-116 84-3

*3*4-3
*o*-i*4 8 * *
S2-83 88-5*4 80J6-1W 34-5
83-88 S5-5W
a.
S2.$*4 *5-$U *>*6-1*6 84-5
432 86-85** 80 -1 6 8* 4S
8*»6-lH 34-5
80!6-Hf 84-5
$0*4-1 84-46

8.
1 0.. ..^SW H 4 80
11.-- .83H~$t S
B
is. ...a w s7 v «
15.....83**4 8W*-6

8 0 :^ 1 64 - 4*4

. . $ 3 -3tt

1 5 ..

80*6-1 64-446
feO 84- iH
lSrl

. . . 83 3*6 SS-HfB

Id. ...as-::** s&wo

20. ..83-3U 8 6ftd
21. .. *3-34*
. „ W

2S. ..

2

107 -103

03 - 71
69*4- 72
1816- 16M 13%- 17

[C om p iled fro m p osted ra tes o f le a d in g b a n k e rs .]

Ql
January.
H o n ..60 *3. Stgnt.

H

108 -108

8.

4

80*4-1 84-446

SOM-I 84-4? '
SOte-l SIT
8j*6-1 84-4
8.
81-1*6 85*6
81*4-2 85*6*6
81*6-2 33*6-0
81*6-2 84*4 5 81*6-2 85*643
81W 2 *1*4-5 81*6-2 85 -6
*1*4-2 S4W-5 81*1-2 85 *6

85*4-<9

85^r<5

25. ... 38-3^ 8$f*4

88-£fc &>^-0

2 7 ..
. . . 8355* »5H-«
28. .. 83-3 U M -B
AW
2 9 ........*> 3 * 4 *5*4-0

80.. . . ,
8.
31___ 83-3*4 $5}*d

Baqkc—

High. I M 4 86
4 31 4 87
4 S3 4 S5W 4 -82 4 8*1 4 85 4 88
4 85*6-4 88 4 8&W 1 87 4 8.3
L ow ..4 K>H 4 85*4 4 e2<* 4 <-!6 4 81*6 4 84 G 4 80*6 * **
,
4 81*6 * 85
4 84*6-4 80 4 84*6 t 86 4 84
* Quotation* on this day were 4 84*6*4 85*6,
t 4 85*6-0.
1 4 82*6-83 4 85*6-4 80*6.
$ 4 85*6 * 86*6*

I 82*4-3*6 *4 85*6-4 80*4-

COURSE OF PRICES OF STA TE SECURITIES DURING THE YEAR 1898.
Compiled from actual sales made at the New York Stock .Exchange.]
SECURITIES.

Jan uary

F’KBB’ RY.

Ma r c h , j A p r i l .

Ma y .

J une.

|

July.

A u g u st . Se p t ’ b e r . Octo b e r . No v ’ b e r . Dec ’b e r .

Low. High Low. High Low.High Low.High Low. High Low. High L ow .H lgh Low.Hlgh Low.H lgh Low.H lgh Low.H igh Low .High

llxtiniCA—Cl. A , 4 to 5 . 1906Do
Small. ................ : : : : i
O u t B. 3s. 1W6 .. ...

108*6-108*6 .. .. - .. .. 109 -100
108 -105 , ... - ...

:: :

District o f tiolu otlft, 3‘66§..
Lonlaisna—New consol.. «*. ioiH '103
Do
S m all... ...........
North Carotin*—
101 -101

100 -lOO
ibV - i o i * 6 . [ '. ioo -itib "
98 -100*6 . . . . - ....

.... 105 -106
105*6-105*6 108 -108
98 - 98
lib -1X7"
l i b -lib
103 -105 !!!! -

115 - u s

i

i04 -104**
118 -118

104 -104

128 -12S

Tennessee—
New settlement. 3e. 1913.. 9 0 - 9 0
80 - 80 j . . . - .... 87 - P0
80*4 ~ 9“
3 8 -8 8
87 - 87
Do
Small-. 8b
68
Virgin la—Fund. debt.
. «o - 7i*4 70H~ 7IU 06 - 70*6 66 - 68*6 06*6- 69
6s, d e f d tr. rec, stamped .
* $ - ‘ *4

108*6-108$$

.... - .... .... -

90 - 92*4 91 - 91*4 92*4- 93*4 92 - 93
69 - 7154 71 - 72*4 72H- 7-i
S
8 - »H 7«

»3H- 98H 94 - 94*4 95 - 98
94*4- 94*4 93*6- 98*4
80 - 83*6
TrH - i m 79*6- 80
7 -7 %
7 -7 * 4
m - m

COURSE OF PRICES OF RAILROAD AND MISCELLANEOUS STOCKS FOR THE Y EAR 1898.
< o tup Iled from sates made at the New York Stock Exchange.]

STOCKS.

J a n u a r y FK8lt,RY, MARCH. i APRIL.

m ay.

,1t;r,Y.

ju s * .

AUGUST. Br p t ’ b e r . October . N o v ’ b e r

D eg ’ b e r .

Low .Hitthj Low. High Low.Hlgh Low. High Low. High Low.H lgh Low.Hlgh Low.Hlgh Low. High Low.H lgh Low. High Low. High
R A IL R O A D S .
186 -186
12*4- 15
A n a A r b o r - .............. —
ISS:U - 35*4 34 - 40*4
P r e f ..............
A tc h is o n T o p . Sc 8 , F e .
12Hr i m m t - 1354
P r e l ................................... . 2SH- HI** 26 - 3256
_
B a lt im o r e A O h io ..........

B.*fc O* 8 ,W .-l* r e l,.n < J i

P rel

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

C a n a d ia n P a c ific . ..
C a n a d a S o u t h e r n .........
C e n t r a l o f N ew J e r s e y .
C e n t r a l P a c ific ...............
C h e s a p e a b e dc O h io ......
C h ic a g o At A lt o n ..............
d i e * B u r l . I s Q a l n e y ...
C h ic , Ar E a s t e r n III .
P rwtf

«

* All assessments paid,

_

13 - 15
14 - 14
11*4- 12
35 - 35
35%- 40
37*4- 39%
12*4- 17
12*4- 13
16 -1 9 %
3 1 V 3 8* 3 5 V 47S6 45%- 52*6
_
_
121 -121
16M- 18J4 16V 17M 16 - 20
1 0« 15 - 19
i m - m m m t - io n U -+27 +2594-$45*6 i » V * « « ”44*6- o9% '5 7 V 7 2 «
_
32 - 46
14*4- 58*6
34*4- 35*6 31 - 32
68 - 75% 73%- 79*4
00K- 72*6 68 - 70
I V 7jj 0 V 9J£
s - 0% 0 - 654 5 V 7.% 5 V 8
■>k- SH o u - m
w - OH 8 V 6W 0 V 7H s - m
_
_
_
100 -100
106*4-106%
25*6- 28*6 24*4- 24*4
30 - 30
30 - 33
SO - 31*6 31 - 34
28 - 28U
i
82 - 62
72*6- 76*6 72*6- 72*6
68*6- 74%
66*4- 66H
0 5 V 66H 0OJ4- o ea 66 - 72
89 - 89
78 - 78
75 - 75
80 - 85% 8 1 V 85* 83%- 85%
84 - 90*6 31*6- 88^ 7» - 8544 72 - 81% 8 1 « - BiH 82 - m i 8 3 V 83W 83 - 86*4 86*6- 90
52*6- 54
53 - 55% 54 - 58
48 - 53
52 - 53*6
46 - 48
51*46 0 V 53?« 5 1 V aWi 53*4- 56
46*6- o7H 4 4 V W
9 3 -9 7
88*4- 04
9254- 97*4 87 - 94*4 89 - 96
8 9 V MH 85 H - 91% 8 1 * - 01* 92 - 99
91*4- 9S*i 89 - 97*4 86*4- 95
11 - 12
1 2 -1 3
12 - U « 13*61 3 V 16* 16*6- 22*4 21*6- 2694 24 - 26*6 25*6- 30% 31 - 44*6
1146- 1^6 13 - 14
22 - 24*6 20%- 2256 2 1 V 21* 2356- 2026
21 - 24^6
17*1- 21*6 17*4- 20
1 0 V S2J4 2 1 V MM 22*6- 23*4 2256- 26
103 -166*6 101 -180 150 -162 150 -155 152*6-161 157 -160 157*4-157*6 159*6-159*6 156 -160 151 -157*4 151*6-167 163 -172
_
_
_
_
_
... - ...
175 -175
16*1 -106
IT -JOSH 91*4-103*4 tXVr «7)s 88 - 96*4 94%-104 103*6-107% 104*6-107*6 10534-120 U2%-117% 113*6-11756 11456-120% 118*6-125*4
5 4 -5 9
55 - 60 j 56 - 60M 51*4- 64*6 49 - 50*4 54*6- 01
52*6- 55*6 52*6- 61H 58*6“ 62*6
6 7 v m s 52 - 59
56*6- 60
103 -I I I 103*6-11305 103 -107 100*4-1004* 100*4-109 108 -110*4 107 -108*6 107 -109 1106 -108 100 -108 106 -111% 11016-113
1 2 -1 3
U - 37*4
WH- IBM
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11 34 10MZIH-

11 . . .. 36
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13*4
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. . .. - ....
3 7 -3 8
12V l« 4
32 - 3-454
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11st instalment paid.

* 2d instalment paid.

11
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24

THE CHKONICLE,

[\0L. L X V III

1§0S—C o n tin u e d .
STOCKS.

F e b h ’ r i . MARCH

Ja n u a h

APRIL.

MAY.

June.

AUGUST . Se p t ’ beiL OCTOBETt. NOY’BEF1, D ec ’ b e r .

Ju ly.

Low.Hig » Low .H ie h Low.Hig i Low.Hig i Low .H igh Low .H lg h Low.Hig h Low.H ig h Low.H ig h Low.H ig 1 Low .H ig 1 L^w.High

J

!3% - 16
14 - 15
1 3 * - 16 ti 1491- i s
1 4 * - 16 4 13H - 15
w * - 10 *
C h i c a g o G r e a t W e n t... . | 13%- Id?.
m - 11*{ 1 1 - 1 5
» * - u ? £ 9%- 11-5f
_
_
72%- 73% .. .. - ... . 72%- 78'
. 71%- 71}- ( 7 1 - 7 2
4 p e r cen t d eb en tn re.
39%- 435 42 - m £ 48%- 54
30 - 34}4 3 2 * - 34?i 33 - 40
39 - 425B 39M- 42
2 9 -2 9
5 p . c . p r o f., A .............. I S3 - 30}.s|.80 - 30 j 28 - 32
28%- 32
21%- 24
2 1 * - 249£ 124%- 29
28 - 309b * m - 39i 4 25%~ 26
295B- 3 1 *
k
. 2 0 -2 0
| 23%- 2556 22,% - 2 2 kft . • • i p . c . p r e f ., H .........
•
9%- 11
9 - 105B m - 834 7 - 8 k£ 7%- 8>!
s - n B 9 * - 10
• «- 8 *
C h ic . I n d . dc t o u i n v ... i 8%—10} i\ 7 - 9->) 7 - 8
0*- w
30 - SI ,30 - 38}6 30%- 3Q 4 30 - 33
25%- 29ki 29 - 36k 31 - 35
26%- 32
J
H r e f................................... J SO -3 3* (\ 27 - 23kB 2 3 * - 2® ( 23 - 2fk
89%-10l
97*-102^ 97%-100? 99M-U4J. 106 -115 105%-110ki 1035B-115J. 113M-120Jt
.j 92%- 9r>d 91%- 905- S5JB- 91Ji 8 3 * - 91
C h S c .lt lt lw .d s S t. P aul
P r c f .................................. u e% -H d ju s -1491, 143 -147$ 140 -143 142 -149 148%-150 149 -152 152 -159 154 -157kgl54 -163 161 -163 163 -166%
C h ic. dk N o r t h w e s t ...... I10ki-127 1119%-iaoji 113M-121JB115 -120J, 120%-12956 124 -130 125 -132 131 -130k^ 129 -134^ 128%-132£ 131 -142 136%. 143%
P r e f.................................. ji63 -105k 167%-174 175 -175 171%-174 109 -171 170 -172k 171 -175 174%-175L 175M-177 175 -178 180%-191k 135 -188*
96%-107> 99*-1053- 99%-l04k 102%-109k L07JB-114*
C h ic. U . I. it' P a c ific .... I 88 - 94 k'A 81%- 93-}, 80 - 89}- 82 - 88k S6 -108k 4963B-10S9, 95 - 98
7S%- 84k 7 7 * - 82}, 8 0 * - 87h 8 4 * - 94
05 - 74k 6S - 70^ 72 - 79k 7 5 * - 799, 70 - 85> S3%- 87
C h ic. S t. P a u l I>1. dr G .. 1 72 - 7SHd 07 - 79
.. . - .. 149 -150 151 -152 155 -155 154 -154 159%-I60 159%-102 102 -170 169%-170
P r e f ............. ..................... 148 -151), 150 -155 150 -150
7%~ 9
754- 8 'A 8 - 9
6%- 9% 7 * - 0 ,
7*- S
5
-5
7 * - 8J,
7M- Oh
7U- Oh
C h ic . T e r m * ! T r a n s fe r .
7* - 9*
4«- m
« - Si
29 - 30%
20% - 33
27% - 31
20%- 29
28%- 31
29 - 37% 31%- 36k 33 - 31% 31% - 34k 30%- 37
P r e f . ................................. 22k, - 2S
S 1« SSK 29%- 37% 25 - 32£ 25 %- 28% 2S%- 35^ 31%- 44% 40.%- 43% 41%- 47% 39%- 43
33 - 40k SS*- 423a 4 1 * C le v . C ln . C h ic .d c S t .L
85 - 87
80 - 83%
86 - 90%
8 8 -8 8
89%- 97
77*- 77
78 - 78
87%- 89
P r e f ......................... ........ SO - 85
C le v . L o r . A: W h e e l ’ s.
15%~ 19kj 13%- 17% 11*- 1-1* 1 1 * - 12J* 1 2*- 1541 14%- 15% 14 - 15
13%- 15k 1 4 * - 1834 15%- 17% 15%- 18k 1 4 « - 10
48 - 19% 47 - 50% 4 8 - 4 8
48*%- 4S%
43 - 46%
P r e f ..................................
45 - 49
47 - 47?f 4734- 53* 13%- 50^ 43 - 48
169%-170
5 - 6
C o l. M id ., v o t . tr. ctfs.
5%
0 -8 %
6 - 7H 7 - 9
15 -1 8 % 15 - 16^ I S * - 20* 18%- 20 %
P r e f . v o t ’ g t ru s t c t l» . .. .. - ... . . .. - .. .. .. .. 15 - 10
14%- 15
. . .. ~ .. .. 16%- 16k 14 - 18
_
_
_
_
_
_
_
6 * - 7*
7H- m
1st p r e f. (w h e n iws’ d).
43JB- 48* 4 7 * - b0%
1 4 * - 10* 1 0 * - 20
5%- 0
C o l. H o c k . V a l. dk T o L .
6 - 8M 5 - 6 *
6*' 3 - 6
5 * - 0-Ji , m - 0 % 4
s * - e*
6% 5 - 0
2 * - 5*
m - 4*
17 - 23
21 - 25
19%- 20
P r e f .......................... .
22%- 23
22 - 22
18 - 20
1 2 % - 19%,
D e l a w a r e dk H u d s o n ... 110&-114 1 0 8 «-li4 * 106 -110% 104 -108% 108 -111% 108 -112 103 -108% 106K-H0 105%-108% 101 -106% 93 -101
99 -108
D e l. L a c k , dk W e s t e r n ., ISOM-lo** 152 -159 145 -152 144%-150% 151 -155 155 -155 153 -157% 150 -152 151 -151% 140 -151 140 -145 144%-157
D e n v e r dk R i o G r a n d e .. I 12 - 13 1 13 - 13
- - ... 10 - 11^ 12 - 12
1 2 * - 12* 12 - 12
I S * - 14* 1 3 * - 15* 1 2 * - 13M 1 2 * - i e * 15 - 2 1 *
46 - 51% 40%- 52% 4 1 *- 49* 40 - 45
44 - 48% 1 8 * - 62.* 43%~ 51^
54%~ 58% 6 2 * - 5554 54 - 63% 0 1 * - 7 1 *
D ee M o . dc F t . D o d g e ... 1 2 - 1 3
11 - 15% 11 - 11
8 * . 11* 10%~ 15% 14 - 20
i s * - 17* 18 - 19* 14%- 17 . . . . - . . .. 15 - 16% 1 S «- 2 3 *
_
..
_
3 - 3
m - 3*
m - s*
P r e f ....................................
6 - 0
5%- 5% 5 - 5
5%- 5% 6 - 6 ^... ~ ...
m - m
7H- 834 6%- 7%
7 - 7 %
7 - 8*
E r i e ...................................
14 - IS * 13M- 10* i i * - i i * 11 - 1 2 % 12 - 1SH 1 3 * - 11* 13 - 13* 1 3 * - 1434 1 3 * - 14* 11-J4- 13?B 1 2 * - 14* 13%- 14%
l e t p r e f .. .............. ..... ... 37 - 39% 38 - 43% 31%- 39% 2 0 *- 34* 3 3 * - 36* 3 5 * - 879j 3 3 * - 30* 35 - 39% 35 - 38% 31%- 35% 31%- 37% 3 5 * . 39*.
18% 20% 18%- 21% 10 - 18% 1 6 *- 16* 1 0 * - 19* 17 - 1 9 * 1 7 * - 17* 18%- 20
17%~ 18% 16l i~ 17% 16 - 18%
/
E v a n e v llle d k T . H a u te . 2S - 23
2 3 -2 3
.. .. - .. ..
~ .... 23 - 26
26 - 27% 25 - 34
26 - 26
25%- 26
32 - 33% 31 - 33
30 - 41%;
P r e f .............. .................... 40 - 41
40 - 40
37 - 37
50 - 52
54 - 60%
61' - 72%
57 - 63
•_
_
F lin t dk P e r e M n r q ........ 13 - ISM 1 2 * - i i * 10 - 12% 9 * - 9 * 11%- 13
12%- 15
13%- 18% 1 7 * - 1 8 *
P r e f . . . . . . ........................... 41 - 43
27 - 27
36 - 40%
36%- 30%
42*- 4 4 *
37 - 39
36 - 49
F t . W o r t h d* D e n . C ity 1 9 *- 21* 21 - 24% 25 - 23
=
,
l
23 - 23
24 - 24
2 5 * - 26* 20 - 20 ! rt, 16 - 16
17% - 17% 20 - 25
F t . W o r t h dk R i o G r . ... 15 - 16% 1 0 * - 1 0* .... - .. .. .. .. ~ .... 10 - 11
12 - 12
11 - 11
1 2 * - 1 5* - „. 1 2 * - 1 2 * 12%- 14% 15 - 17%,
G r e a t N o r th e r n , p r e f__ 130 -140 140 -162 149%-156 150 -150 155 -179 175 -180 tl22-129M 129%-138% 133 -138 133%-140% 136 -141% 137 -144%
_
_
G r e e n B a y dr W e s t e r n . 30 - 30
3 1 * - 33*
30 - 30
30 - 30
30 - 30
D e b e n . c e r t s ., S e r . A.. 49 - 49
43 - 43
42% - 44
40%- 41
42 - 42
4 2 * - 4 2* 44%- 44% 45%- 50% 49 - 50
D e b e n . c e r t s ., S e r . B .
5 - 0 %
4%- 5%
3%- 5% 5 - 5 %
4%- 5
4 - 5
4%- 6% £ * - 7 *
102*-108* 100 -107
96%-103% 96 -100% 99%-106 1039j£-106* 105 -111% 107 -113% 110%-115 107%-111% 107%-112% 111 -115%,
_
L e a s e d lin e , 4 p» c . _
84 - 94
95 - 97%
97 - 97
99 - 99
8K- 8 * m - 9 % 7 * - 1 % 7 * - 8 * 8 * - m
9%- 9% 9%- 10% 9 - 9 *
9 * - 10
8%- 9
9 -9 %
9%- 11%
33 - 35
28 - 3 3 * 26 - 30% 25 - 25% 28 - 31% 3 1 * - 3 5 * 3 1^ - 33
32M- 37% 33 - 36% 3 2 - 3 4
32%- 35% 34%- 42%
K a n a w h a dk M ic h ig a n .
Q%- 6 % 6 - 6 *
6 - 6
6 - 6 %
5%- 0
m - 6%
6%- 8
K . C . P lt ts b . dk G u lf ... m < - 2 1 % 1 9 *- 24* 18*- 22* 15 - 21
16 - 19% 16 - 1 7* 15%- 17% 16%- 20
IS - 1 9 * 15%- 18
15 - 25%
15 - 24'
K e o k dk D e s M o i n e s .... 3 - 3
4H- 4 *
3 - 3% 4 - 5 *
4 - 4
4%- 4%
4 - 5
16 - 18
1 3 * - 13*
15 - 15% 10 - 18% 17 - 17
16 - 16% 15 - 18*
15 - 17%
K e o k u k dk W e s t e r n _
_ 3 4 -3 4
3 3 -3 4
34%—84% .. 30 - 30
30 - 30
...
....
...
_
K i n g s t o n dk P e m b r o k e ... 2 -2
m - 4%
5 - 5
L a k e E rie dk W e s t e r n ... m i15 - 18% 12%- 15% 13%~ 14% 15 - 15% 1 4 «- 16* 14%- 15
i m - 23 % 16 - 18
12 - 16
1 2 * - 1 5* 14%- 23
P r e f ...........................
7 0 *. 78* m u - 7cm 06 - 71% 69%- 70% 71 - 73% i 0% - 74% 69%- 71% 71%- 83
7 3 * - 70
53 - 73% 61%-. 67% 6 2 * - 7 6 *
i70*-19i*j 190 -194% 180 -192 179 -183% 182%-190 181 %-192 189%-190 192 -198
192%-192% 190 -192% 192 -192% 197 -215
Certific^tM o f d e p o s it ..
180%-1S0% 180%-190 188 -188 188 -188
L o n g I s l a n d ............ . ,. 40 - 40
42 - 50
45 - 48
40 - 41
43 - 43
50 - 51
50 - 50
50%- 59% 48 - 54
46 - 53
48 - 50% 48 - 06
L o u is v ille dk N a s h v ille . 5456- 60% 52 - 0O % 45 - 56% 44 - 51% 4 8 * - 50* 51%- 57% 5x^8- o m
>
53%- 00% 54%- 58'^ 53 - 57% 56%- 63% 62%- 60 %
M a n h a tta n C o n s o l...... 110 -120%- 98 -119% 91 -108% & m - 99% 96 -107*
i03%-108% 104 -108 ‘ 9S%-108% 93%-100& 90 - 97% 93%-100
95%-100%
e - m
6%- 6%: 5%- 5%
4%- 5% 5
5
4 «- S
5 * - 6 M, 5 * - 5 * . . . . - ....
4* - 5 *
5%- 7%
M e x . N a t io n a l, c t fs .......
- "j
1 - 1%
1 * - 1 * 1%- 1%
% - 1%
100 -107% i0 3 % -m % 99%-109 100%-105% 103 -106 102. -106
104 -107 107 -109 ;107%-107% 106 -107% 107 -110 110 -118
M In n e a p . dk S t. L o u i s .. 25 - 26% 25M- 30% 24 - 29% U H - 25
26 - 29% 27%- 30
23%- 28^ 28 - 29%; 20 - 27% 26 - 27% 2o%- 28% 28 - 38%
85% - 86
86 - 88%
SO - 83
84 - 89
89% - 91 f 88 - 88
8 9 * - 90341 89 - 89
90 - 91
92%- 92% 95 -100
53%- 5C% 53 - 59% 46 - 55% 50 - 50%; 50%- 59% 59%- 63
58 - 59% 5»M- 6134 ! 58 ~ 60% 59%- 60% 60 - 61% 61 - 7 8 *
M in n . S t. P . dk 8 . S . ML..
M o . K a n s a s dk T e x a s ... I2%- 14}^ I t X - 13% 10%- 12% 10 - 10&
1 0*- 11* 1 1 * - 1 2* u - i i * n - 12%! 11 - 12
10%- 11
1 0 * - 12* 1 1 * - 14
34%. 40% 28%- 37% 30 - 33% 3 2 * - 30*
33%- 41
32%- 36% 33%- 30
S 4 *- 37* 32 - 36
2»M- SS5i 8 1 * - 3 5 * 34%- 38%
32% - 35% 2 4 - 3 5
22 - 29% 24%- 28% 2 7 * - 36* 3 1 * - 36* 3 4 * - 3 8 * 35%- 38%
313B- 36* SIM- 3 3 * 32 - 38% 36%- 46%
28%- 31%
26 - 28% 21% - 25
20%- 29% 26 - 27
27 - 29
3 7 * - 28* 2 7 * - 2 7 * 24 - 28
28%- 32
167%-175 170M-173% L07%-172% 170%-175 L70%-170%
170%-172& 171 -172 172 -174 L75 -175 175 -176 175 -176 176 -180
NfuiUv. C h u tt. <fc S t. J,..
60 - 60
7 2 * - 72*
N . Y . C e n t, dk H n d . R lv . 105%-119% 109%-119% 105 -110 1O0%-113
U l* -U 7 * 114%-1179^ L15%-119%; U?%-120% L15*-U 9* L13%-116%
N. Y . C h fc. dk S t. L o u i s . 13 - 15% 12%- 15
114*-119* L18 -124%
12% - 1 2 % 11%- 12
13 - 13* 13%- 34
12 - 15
12 % - i m
1 2 * - 14* 11 - 11
13%- 14%
12 - 14
75 - 76
• • “ *■ • 05 - 05
”
•
67 - 67% 75 - 75
76 - 70
65 - 70
35 - 40% 35 - 39
28 - 35
2S - 28
31 - 34
84 - 35
35 - 3 8 * 343B- 8 8* 34 * - a m
34 - 38%
33 - 36
N e w Y o r k ifc H a r le m . . 320 -320
J50 -350 552 -852
N. V . L a c k , dk W e s t ....... 121 -122% i ? 3 * - m * 123*-123* 120 -120
L20 -122 133%-123% 123*-123*
L23%-125 L24 -126 L26 -123
28 -128
N. V .N . H a v e n dk H a r t f. L78%-193% I8o*-105* 182 -189* 182%-184
L84%-192 L87 -191|% L87*-190* L90 -196% L90 -194 L89 -192 L90%-194% 95%-201
N. V . O n ta r io dr W e s t ... 15% - IS1,' 15 - IS * 1 3 * - 10 ~
13%- 14% l4%- 15% 1 4 * - 10
1 4 * - 16* 15 - 16% 15K- 1 6 * 1 4 * - 15* 1 4 * - 1 6* 1 5 * - 1 9 *
N. Y * S u sq . dk W e s t ....
8 -1 8
11*- 15* 11 - 14* 12 - 12
P r e f...........
23 - 34
2 8 *- 38
28 - 31* 28 - 28
' ... - .. .. .. . — .. ..
T ru st r e c e ip t s _
_
- - - - .... 3 0 * - 30* ... - ...
.. N o r fo lk dk S o u t h e r n .... 05 - 65
6 0 -6 0
N o r fo lk dk W e s t e r n ....... n % - 1 5 % 14%- 17
1 3 *- 14
11%- 12% 1 3*- 15
14%- 15% 14 - 14
15 - 16% 14 - 16
11 - 14
15 - 15% 16 - 19&
40 - 48% 45%- 56% 4 3 *- 4 0* 4 2 *- 40*
46 - 52* 61 - 5 1 * 5 0 * - 54* 53 - 55% 51 - 54* 48 - 51* 49%- 58
54%- 63%
N o .P n c .l t y . v o t . tr. r e c . 20%- $ 8 % J9 - 28% 1 9 *- 2 4* 21 - 24M
26 - 27* 2 7 * . 3 1 * 3 8 * - 30*1 29% - 41% 3 0 * - 4 2 * 3 8 * - 4 2 * 39%- 43
40 - 44%
P r e f . v o t in g t r u s t rec. 58 - 60
S8%- 68% 6 0 *- 01* 6 7 * - 6SM 03*- 68*
0 7 * - 70* 6 9 * - 72 1 71%- 78% 7 5 * - 79* 7 4 * - 70* 74%- 77% 75 - 78%
O m a h a dk S t. L ou is..
7 -1 0
O .K lt.d k N. v o t . t r . r e c . 35% - o3ij 46 - 54% 40 - 50
43%- 45
iSH- 52* 51 - 53% 4891- 4894 j 49 - 01% 55% - 58% 52 - 53
P r e f, v o t i n g t r u s t r e c . 08 - 72% 08 - 72%
53 - 58% o0%- 53%
68%- 67
67 - 72
71 - 71 | 70%- 77% 75 - 76% 73 - 76
73 - 78
71 - 75%
O reiron w h ort L i n e ...... ! i m - as
24%- 31 ’ 27 -3 2
27%- 30
2 9 * - 33
28%- 33% 28 - 31 1 31 - 37% 30 - 36% 26 - 30
P a c if ic C o n st C o .............
27%- 37% 37%- 43
34% - 36% 35 - 47% 43|%- 48% 43 - 46% 43 - 46
1st p r e f .....................
42 - 46%
85 - 91
84 - 89J4 S3%- 86
84 - 8 0 * 80 - 8 1 * 80 - 81% 79 - 84%
‘2d p r e f . ...................
60 - 00* 57 - 57
57 - 07% 63%- 09
59 - 62% 57 - 02
P e n n s y lv a n ia R R ......... 14 -119%1 ll%-120 H 10%-117
59 - 65
-11 -114*1 12%-117% 14*1-117* 15%-118
16%-119% 16 -119% 16%-118% 15 -119% 11831-123*
P e o r ia D e c . dk. E v a n s v ..
K - l%
Mr 1
1%~ 2% 1%~ 1% 1M- 134 1
m
3 - 3
1
1
4
6*
... “ *
'• 4 * . 4 * 3M- 4* **- 4 * m - s* 1)4- D4 3* -- s * 1 - 1?B IM- 2%
*
*
4%- 4%

_

t Ex-aiTklcnc] o f 10 prr cent in

s to rk

nml 1 * per cent cash

$ICv-dividend and rights.

%

THE CHRONICLE.

J a n t a b y 7, 1899.j

25

1898 -C o n tin u e d .
STOCKS.

JAJCtXARY Fe b b ’ k t . M a r c h .

Ap r il .

Ma t .

J usts.

[

Ju l y .

A u g u st . Se p t ’ b e r

OOTOBKR N o v ’ bb k

Deo ’b e r .

Low.High Low. High Low. High Low. High Low»High Low. High Low . High Low .High Low . High L ow . High Low .High
Low. High
P l u s , C in a . C h . Sc S t . L
P r e l .................................

K ^ a d in a v a t . t r . c e r n . .
1
p r e i . v o t . t r . c e r ts .
2t\ p r e f. v o t . t r . c e r t s .
R i o G r a n d e V' e x t e r n ...
P r e t e r r o d ........................
R o m e W a t . d O zdenab.
S t .J . A: G . I . v o t . t r .c t f s
l* t p r e l,
do
p r e f.
do
S i 1.. Jk 8 . F . t . t r . ctf»1 s t p r e f.
do
2 d p r e l.
do
S t . L o u is S o u t b w e s t ’ n..
P r e l e r r e d .........................
+*t. P a u l A: D u lu th ........
P r e f .....................................
S t. P a u l *ilan . A: >Iati
H o a th e r n v o t . t r . c t fs ..
P re l.
S o u t h e r n P a c lflc C o ......
T e x a s Sc P a clflc - ......

3SH- 43H 42 - 46*4 4l% - 48
m - 7i
57 - 03
64%- 70
too -170 108 -17134

43 - 47*4 12)1- 45M 42X - M X 4 2 « - 46X 4 IX - 43S) 43 -4AM 4 3 - 4 5
44%- 63%
00 - 65
62%- 60% 62%- 06% 63 - 67X 65%- 73
64 - 65U 04 - 60
72%- 84%
170 -170 172*4-172%
175 -176X
6%- 7
8%- 12%
■ZIH- 23H 18 - 23*4 15)4- 1BX 15)4- 1754 17 - 19*4 i 8 « - s m 10 - 19% 17%- 20
17X- lflX •15M- 18X 15%- 19% 18%. 23%
48%- 63
36*4- 40*6 40*4- 46*4 45*4“ 49
3S%- 47
US4- M X 30 - 43
-il% - 46
42 - 46^ 37X -43X 37X- 46X
44X- 54X
2BM- 29
20*4- 24
2“
2%- 25
21%- 29
19*4- 21
18H - 24
19)4- 23X 2 0 - 2 3
18 - 23
1 7 « - 20), 18X- 22
20%- 28
_
182 182% 182 -181
185 -185
2 t% - 21*4 2 3 - 2 5
22*4- 22*4 . . . . - .. .. 23 - 25% 25*4“ 27% 28X 29X 28 - 32
2 »X - 20X 27)4- 27X
25 - 25
58 - 61*4 58*4- 61
50*4- 57
5 4 -5 4
65%- 67% 67X- 69)4 67 - 67X 67)4- 67X 62 - 64
57*f- 65
0 4 -6 8
03 - 60%
120X-133 125*4 122 113*4-122 118 -118 118 -120 122 -122 122 -122 123%-125 121%-125% 12o%-125^ 126 -127^ 127%-128%
«x - s
7%- 8
5 « - 6K 5 * - tx
M i- 894 5 « - 7X
6X - 7)4 7 - 7 %
7 X - 7U m - e x
e - ex
5%- 0
17*4- 51
1 5 -5 0
40*4- 50
4 0 -5 0
58 - 00% 58 - 61% 55X- eox 56 - 57
50 - 59% 5 9 - 0 3
56 - 58% 50 - 57X
ISJt- 20
16 - 22*4 15 - 17
13X- 13JS 15%- 20% 20)4- 23)1 20 - 21% 20 - 22% 18 - 19)| 10%- 17
16X- 18X 13 - 16 ’
_
_
_
_
m
6 3 -0 3
7 - 7H 644- 75* 6 - 7)* 6 - 6X 6)4- m
7 X - 8X 7 X - 7)4 m - 9H 8X - 9X
7)4- 8)4 7 X - 7M 7 X - 9
53*4- 53
51*4- 58*4 52)*- 57)4 55 - 56), 56 - 62*4 0 1 - 0 5 % 01 - 62% 62 - 08% 02%- 67
61 - 70
61%- 64
60%- 09%
2', - 2 ?U 22*4- 2S
23*4- 27*4 22X- 26*4 25*4- 51
23M- 82)4 2 7 « - 28X 28 - M X 29X- 3 3 « 29X- 31X 28%- 35
31%- 34%
3H - <X 4 - 0
4*4- 5
4%- 5
5 - oft 5 - 5 ) .
e x - ex
4%- 6
* 4X- 6
e x - 6X
7%
9 -1 1
9 -1 1
754- 10)4 0 - 9 * 4
9*4- 11% 10)4- 12)4 11M - n H l i x - M X 11 - 1 3 X 10X- 13X 12%- 14% 13%- 18
20*4- 25
2 1 -2 5
. . . . - . . . . 21 - 21 .. .. - . . . . 2 2 - 2 3
20%- 20% 21 - 21
21 - 27
18X- 18X 2 1 - 2 7
25 - 38%
8 l - 85
8 0 -8 0
78 - 78
.... 87 - 90/ 90%- 90% 9 0 - 9 0
SDK- 87H 7 9 - 7 9
3 0 -8 0
89% - 97
96 -100
L23J4-13S 127 -137 132 -133 130 -180*4 132%-14 2 141 -145% 142%-102 101 -171 105 -169% 168 -172% 170 -175 10S%-175
8*4- 'H
W4- m
8 - 9
8 X - 0)f 8 X - 8
7)4- s?4 7 - 8 * 4
8 - 6)4 8J4- 8M 8 X - 10
8 X - 10X 10 - 10%
2934- -S h 26*4- 33;4 23*%- 29*4 Bi)4- 27)4 20%- 31*4 2# - S3M 28X - SIX 31X- 36X 32X- 36M 32X- 35X M X - 41X 40X- 48X
i*% - 22
19 - 20*4 13*4- IS * 12 - 14*4 13 - 17% ISM- SO 19 - 20% 20 - 22% 21X- 25X 22X- 33X 22X- 27X 27%- 35
104f- 12% 20 - 124£ SH- 11)4 8 - 1 0 ) 4 1 0 - 1 2
11)4- 1 2 « 12 - 13% 12)4- 16X 13 - 15X 13 - 1*X 13X- 16X 15X- 20X
_ >
_
s.
1 5 -1 5
12 - 15
25 > 25
•
3 9 -3 9
38*4- 40
3 5 -3 5
25*4- 35*4 20% - 36*4 23 - 31*,
21 - 22*4 16*4- 22*4 18 - 2094 20 - 21% 23M-25M 23)4- M X 23%- 34% 29X- 3tX S IX - 33X 31 - 39% 37X- 44X
. . . . - .. .. s i - (OH 45*4- 57
4654- MM 54 - 00% 6 » 4 - 68)4 59 - 02% 01 - 67% 63X- 67X 62X- 65X 63)4- 70X 6£>X- 74X
* * 10X m - Fox 854- # *
554- 7
6M- 8 «
oh - 8M
*X - 8
*X - 6X 5 )i- 7X
h - m t + 5 «-tl3 X M IX - 13)4
7 -7 )4
«h - m
6H- 754 «H - 714 *X - 7)4 «H- m
7)4- 7W 7X- 9X 7 X - »
7X - 8X 7X - 8X 754- 8)4
17 * - i m
4
15 - 19*4 U )4- l«w 14-hr 16
10 - 20*4 18)4- 20)4 18X- 1944 19X- 24X 20 - 23% 19X- 21X 19% - 23
SIX - 24
_
_
_
_
—
_
_
„
n - 3H *2)4 • 3X +1A4- 2*4 fl)4 - 2
53 - 4% 53 - 3% 5 4 - e x
+ « - S2M « X - 2)4 t s — u
« - SM « S - 2)4
+9U- i« +10*4- 141* » M - 10M t»H - 1054 U 0 - 14% +10 - 14
+8 -H 3 U 2 - 15% T14%-S20 I17X- 20X 517%- 21 520)4- 30)1
2 - 3
. . . . - .. ..
H- *X
2 - 2)4 1)4- * . . . . - . . . .
1 - ix
2X - 2X 3 - 214 I X - 2 . . . . - ....
IX - 2
_
_
7 - 8
0 - 0
ex- 7x
©
4 3 -4 4
58 - eo

_

_

U n ion P a c lflc ftH Iuwj...
F r e t ...................................
U .P o c . D e n . Sc G ., t .r e e
XV a b a s h ...............................
P r e i .....................................
W h e e l i n g A: L , E r ie —
P r e i * . . . . . . ........... ............
W is c o n s in C e n t r a l C o.
F r e t ..................................
K X P H K W *.
A d o r n o . . . . . . . . . . . . ..........
A m e r ic a n ...........................
U n ited s t a t e s ........ .
W a lla , P a n t o Sc C o ........

_

157 -165
US -120
4 0 -4 2
U S -116

1100 180
119 -130
4 2 -4 5
114 -120

100
123
40
115

-115
07*4-102
-129*4 120 -126
- 44*4 38 - 42
-120 114*4-118

99 -103
123*4-129
10 - 44
112*4-119

100
127
*0
117

-102
-130
- 43
-124

93 -103%
127 -140
40%- 42
117 -122%

102
130
41
120

-110%
-137
- 44
-125

n o -n o
130 -133
UX- M
120 -125

- n s 107 -111%
130 -137% 135 -153
41 - 4 4~ 40 - 49%
n o - 1 2 1 % 120%-129%

10 8

MS
143
*6
128

-110X
-150
- 68X
-181X

C O A L A: M I N I N G .
X-

«U
P r e f . . . ................................. 2*4- 2<4
C o l o r a d o F u e l Sc I r o n .- 23 - 2f% 20*4- 25
_
P r e f ....................................
C o l. A: fl.C .A c I .. a l l pd.
5 -7 )4
6 -7 )4

17 - 21

f f o m e s t a k e .M inin* . .

17

ts - 4634 44 - 46
5 0 -6 1
5 7 -6 0

4M-

6)5
49

5 -

6

43 - 43

8)4

7 - 7

6X -

O n t a r io S il v e r M in in g .

3 X - 3X 3M- 3)4
_
350 -350
2 -2 * 4

3 - 3

.. - . . ..

2344- 28*4 »
-

- sm
_

n -

6X

P r e f . . . . . . .....................
A m e r . **p lrlts M fg . .. ... .
P r e f ... . . . . .. . . . . . . . .
P r e f ....................................
A m er. S u g a r R e t . C o .P r e l ......... ...........................
Am e r . T e l . A: C a b le C o.
A m e r ic a n T o b a c c o C o
P ref
.................
D iv id e n d s c r i p ............
B a r S ta te G a s —
B r o o k l y n R a p . T r a n s .,
B r o o k l y n U n ion G a s ...

«M

5fi

6X

5 0 -5 0

*X 53%_

72 - 76% 71 7 -7 %

7 - 8 ) 4 .. .. -

4X -

4 - 4

4)4

3)4-

a

5 -0 %
17 - 22*4 18)4- 21)4 26)4- 26)4 23 ,

%

%-

1U

22 - 25% 23 - 32X
18X- 26)4 20 - 23% 20%- 23
65 - 75
77 - 77
85
90
5 - 6X 5 - 5
5 - 5X s x - »X
5M <X- 7
_
_
41 - 41
. . .. 0 4 -6 4
53%
5 0 -5 7
6 0 -0 0
_
_
52 %- 52%
50 - 50
53%- 54
74% 72%- 99%
134%-142%
90 - 958*
.. .. .. - . . ..
42 - 43
40 - 40
41 - 41
r- - —
40 - 40
4 X - 4H 5 - 5
ex - 6x
3X
_
_
_
340 -340
2 - 2
1H - 2% 1% - 1% 2 - 2
2 - 3
0 - 0
5% 5%- 7
6 -6 %
6%- 6% 7%- 11%
26%- 29% 27X- 32X 29%- 38%
2«X 25%- 34% 20%- 32
... 98 -100
80 - 80
95 - 98 100 -106

5%24X -

-

V A R IO U S .
A u ser. C o t t o n O il C o
P r e l ...................................
A m o r . D ie t . T e l e g r a p h .

6 -

5 0 -5 0

59 - 63%

7 - 8
_

F r e t ...................................
T e n n e s s e e f o n t A: I r o n
P r e f ...................................

%-

17 - 19*4 20 - 23% 21 - 23% 2 0 - 2 3

N e w C e n t r a l C o a l .........

7M„

%

20 - 23% 17 -2SJ4 15*4- 20
t » x - 77)4 70 - 77*4 06 - 75
.. . - ___ .. . - ...
2 3 -2 3
.

10?4- 17*4 17%- 22%
71*4- 77
67 - 70
... - ... 2Z - 2£
_
25 - 29*4
70%- 79U
8)4- »H
»
6)4- 854 7)4- U X 10*4* 12%
18 - 22*4 IB - 22)4 16 - 19*4 16 - 27*4 26 - 31%
_
. - . . ..

_

134M-US
112 -116
90 - 9154
83*4- 91*4
113*4-117*4
79 - 81*4
3H- 5)4
36*4- 41*i
119 -125

12094-140
no -m
9 1 -9 3
87%- o m
115 -118*4
79 - 81
in - i
■ i- 43X
W
114*4-123*4

10T54-M8J4 113)4-122)4 126)i-X,0M
103 -113 104*4-109 n o - n s
90 - 03
88 - 92
89 - 91
80 - m i 95*4-117 103X115)4
112*4-117 113 -113 U 6 « UBX
87 - 92%
78 - 81
81*4- 94
2)4- S5S 2)4- 3)4 2 « - vn
35 - 42*4 35*4- 40*4 38X- 43H
106 -118 109 -113 113 -121%

20 73«-J 4 20%77 UX32 -

22%
75X
2 IX
2S}<5
79
15M
40%

138X-H5X
i n -ii5 %
92 - 94%
io& % -m
!18%(-120
89*i- 91%
3x- m
42%- 55%
118 -124

20M- 2<X
73.%- 79%
23 - 24
24 - 27
70%“ 77%
11)4- MW
32%- 38%
37 - 43%
88%- 92%
129%-Ul '
1 1 3 -11431
94 - 95
117*6 123
120 -129%
93%~ 96
3 - i'A
53X- 6BX
m % -i2 3 %

24%- 29%
78X - 9»X
.. .. “ _
_
20 - 33
77%- 87%
12X- 1SX
36 - 41%
32 - 39%
85%- 92%
130%-140%
113%-115%
03%- 97%
121%-147
129 -135%
90%-iOO
3 « - IX
67X- 69X
123%-128%

_
_
32%- 39% 33X - 38X 31%- 38% 32 - 35X
83 - 89
84 - 87% 8±X- 88
87X- SOH
80 - 30 ... - .. .. .. .. - .... 30 - 33X
29 - 85% 29 - 32% 31 - 33% 29 - 34)1
7S%- 85
78X- 81X 80%- 84% 8 1 - 8 8
M X - WX 11 - 12% 10%- 12% 18 - 14X
32%- 31H 33X- 37
35 - 3SX
32M- 39
25%- 40% 27 %- 33
80%- 33% 31%- 50
82 - 91
84%- 89
80%- 90
89%-118
110%-145% 108%-118% 111%-127 120%-136%
107 -115 % 104%-108% 108^-113 110%-115
95 - 98
95%- 98
97%“ 98
98X- 98X
125 -163% ni%-143% 133%-144% 135%-145%
120 -130% 115 -125% 126 -129 127%-131
93 - 90
98 -101
!HX- 8»X 93 - 95
3 - 3H 2X - 3X 2 x - m
* x - OX
57%- 65% 61X- 67X 659£- 69% 67%- 78%
124 -127% 122%-127% 126%-130 127 -140%

7 X - 8)4 8 - 10%
_
_
_
_
_
_
_
_
_
_
45%- 52
45 - 49
46X- 4 8 «
80%- 42% 38 - 47
28%- 32
27*4- 32
32X- 35)4 34H - 38
90 - 93
90 - 9 2 « 88X- 9 2 « 8 7 - 9 2
8 6 -8 7
8SX- 8 3« 87M- 87)4 88X- BOX 90 - 91
167 -186*4 170*4-183 170 -196 189 -205% 195 -201% 184X-201M 175%-190 104 -188% 183 -191%
9 -1 4

10 - 11% 10%- L3%

8X_

9X

_

C o n s o lid a t e d I c e . ........ 30 - 37* 31 - 35
P ref
................. .......... 86 - 89*4 86*4- 91
C o n s o lid a te d G a s ........... 176 -196*4 180 -194
D e t r o it G a s .......................

5 0 -5 0

57 - 6054 s e x - e i x

45 - 02

121 -129 120 -129% 12954-134 130 -133%
106%-108% 10CX-106X m % -!2 2 % 122 -125
335 -340 350 -350 350 -350
.... - ....
... - ....
* 2d inatalrn’t paid. * f 3d paid.
$4=thpaid.

E d is o n E le c . I l l a m . C o 127*4-136 m - i u h 120 -124 119 -119
E d is o n El« 111. o f B ’ k ln u o -110*4 109*4-111 106X-107T* 102K-1W
E r ie T e l e g h . A: T «| rp h . . . . N * Before payment < t
>

+1st lnatalm’t paid.

52 - 50*4 65)4- 63)4 60)4- 63X 57X- 62X 62%- 67
131
....
.. ..
...

-131 119 -141
- .. .. .. .. - .. ..
- . . .. 302%“382%
- .. .. 76X- 76X

6 0 -6 3

10 - 13
_
_
. _
- ....
44% - 47
90 - 94
187%-197%
00 - 03

1S0%-165 164%-195
.. .. - .. .. . . .. — ...
.. . - ..*•
74%- 74% ... - ....

I Kx-div. 100^ in bonds.

THE CHRONICLE.

26

[V ol . LXVIII,

1898—C o n c lu d e d .
JANUARY Kk b r ’ r t . M a r c h .
STOCKS.

H a w a ii C om .

MAT.

APRIL.

AUGUST. SEPT'BER OCTOBER No v ’ b k r . D ec’ b e r .

JULV.

J une.

I.OW. High Low. High Ixiw .nigh Low. High Low. High Low. High Low. High Low.High Low.H igh
_
_
_
_
_
_
. . .. - ....
30)4- 3051 32M- 37% 3054- 39% 38M- M X 3054- 42-14 42!4 - 50)4
33)4- 37)4 30W- : m 20*4- 36
- .
_
_
76 - 80)4
_
_
2434- 27% 25 - 29%
20 - 27% 20 - 26
17*4- 24
S . l t d . 2S%- 33
20 - 36% 22%- 33% 1534- 26
_
93 - 92%
94 - 94
92 - 02
92 - 99*6
8734- 8734 8 8 - 8 9
_
48 - 6534 4 6 - 5 5

4 5 -5 0

56 - 60

44%- 45% 49 - 59% 54%- 60
_
_
_

57%- 73% 04%~
67 4S 49 - 06
85, 88%- 93

75*4
67
58%
91)4

•19J4- 5154 6014- 5«<S 48)4- 50?4
L a c le d e G a s , S t. L o u is 44 - 48
30J4- 41 kr 37)4- 1354 39H- 13H 44 - 49% 48 - 52
85 - 91
8 5 -8 5
93 - 90*4 94 - 95
90)4- 93J4 91 - 93
F r e t .................................... 93 - 94% 9 2 - 9 2
3 5 -8 7
_ ■
_
—
5 - 5
2 - 2
* - SM
M e t r o p o lit a n S t r e e t .... 12854-11754 132 -171% 125*4-150

131%-142% 142%-163% 156*6-162% i46%-160
_
_

149 -163

P r e l ....................................
P r o f ...................... .........
N a t. L in s e e d O il C o ......

17 - 19

17 - 18H 15 - 16% 15 - 10
_

N a tio n a l L e a d C o ........... 34 - 37% 30 - 36% 2654- 33!4 2734- 31
P r e f .................................... 100 -108% 103*4-109% 101%-106% 99 -104
_
5 - 5
30 - 30
23 - 26
454- OH
tl9 - 130%
P a cific M a ll S . S .............. 2934- 82
P e o p le s ' G . - L .& C .. Ch. 0454- 0054
_

N e w Y o r k A i r B r a k e ..
N o rth A m e r ic a n C o .......

P u llm a n P a la c e C a r —
S il v e r B u llio n C e r t s —

2 3 -2 6
5H- m
12534- 30
2654- 3254
8354- 99%

22 5%124%22 86%_

18 - 21% 1554- 20% 4 - 16*4 o%- 9
_
_
30 - 33% 33 - 36% 33*4- 37
39)4- 39%
105%-103% 105%-10734 107 -110 11014-113*4
5 - 0%
534- 534

24
5%
30
2834
94%

11 - 22
17 - *154
5 - 6k; 6)4- 0%
125*6- 28 ] 27*4- 31
21 "- 25H 23%- 29)4
86)4- 93% 9U4-104J4
.. 173 -179 175 -18934 165 -181 170 -174 175*4-191
... - ... 5tt%- 66*6 . . . . - .. .. 56*4- 5734 56 - 57%
100 -100

16 - 16
15 - 15
42 - 54%
35%- 51
5Hr 0% B%- 7%
_
28%- 30*4 2 8 - 3 0
9134-101M 97)4-101)4
116 -116
lS6%-207*4 207 - 216
59 - 59
58 - 58

55%-100
o%- 7H
29%- 30%
98 -108
184 -211
59*4- 59%

Low. High L o w . High Low. High
29 095447 77*4_

33*4
75?4
48%
83k;

30%- 3396
7114- 79*4
.. - ....
81 - 85
.. - ..
.. - ..
30 - 53
49*6- 61
89 - 91 . . . . - . . . .
___ . . . . - .. .. . . .. - .. ..
.. .. - .... ... - ....
67 -Y93% 7100*4-102
49H - 5511 50%- 63%
86 - 9734 88 - 93)4
_ _ ...
_
... - ...
..... 46 - 4934 47*4- 50
92%- 91%
90 - 9314
. . .. - ....
.... _

31 - 52
7554- 8554
. . .. - . . . .
84*4- 97
05 - 72%
107*6-10854
50)4- 59
90 - 06)4
94 - 94
94 - 94
. . .. - ..
- _
_
58 - 67
90 - 95
51)4- 67
8L - 82*4
50%- 54
94 - 90
-

151%-159% 156%-167 160 -181 17994-104)4
... — ...
15%- 15% 20 - 2)%
_
_
70 - 70
3134- 33% 32 - 33*4 33 - 48% 43%- 52%
95 - 97
99 -101 100%-106
95 - 97
5*4- 10% 8 - 18%
254-- oh 354- 7
_
_
_
8%- 0%
32%- 3796 31%- 34 % 32%- 3C% 3 5 « - 39%
10934 - i n
109)4-110 111*4-11334 112%-114%
_
_
3)4- 4% 4 - 6%
60 - 60 ~
67*4- 67*4
12%- 12% 12%- 12% 25 - 25
97*4-120
92%-120
89 -105% 92%-105
634- 756 0H- ?H
0H- 6H 6 - 6 %
_
_
_
33*4- 39% 3034- 3
3134- 3654 31%- 34
101 -108 101 -105% 102)4-112 106%-110)4
_
_
186 -189% 189*4-199% 132 -141% 139 -159%
00%- 6036 . . . . - ... . . . . - ....

S ta n d . D in t. & D is t r lb .
P r e f ...................................

1056- 23% 19 - 22

143%-147
S ta n d . R o p e & T w in e ..
3U- BH 3%- i% 3%- 1
554- 6*4 5 - 10% OH- 9
654- 714 654- 8!4 756- OX
3H- m
m - 7
556- 6 »
T e x a s P a c. L an d T ru st
5 - 6
_
554- e>4 OH- 654 . . . . " .. ..
6%- 8k, 8 - 12)4
s h - m . . . . - ___
7 « - 9% 6iu- m . . . . - _
T h i r d A v e n u e (C a b le ).. 164 -186% 175 -194% 160 -188 155 -ies% 162%-179 172%-180 175 -179 178 -179 168 -178 145 -16S 159 -165 158%-171
16%- 19*4 19*4- 20
20 - 20
19%- 19%
1034- 20
21 - 30
C . S . L e a t h e r ..................
654- 7% 0)4- 7H
P r e f .................................... 6 3 - 6 7
59&- 00H
( . s . R u b b e r C o ..........
15 - 17*4 1534- 21%
P r e l .................................... 63%- 66*4 65 - 7196
W e s t C h ic a g o S tr e e t.... 100 -102% 97)4-10154
W e s t e r n G a s ......... ........ 83 - SO
W e s t e r n U n ion B e e L ...
8 - 8
754- 8
W e s t e r n U nion T e l ... . 8 9 « - 93S< 86J4- 92J4
W e stln g h o u * »e F lr r r r * c
-- - .... _
_ - _
_
t 3d Instalment paid.
C O U RSE

654533414*460 8034_

OH
6.334
19
6S*4
9S*4

r> - «
4
‘
56 - 6S34
15%- 17
6 3 -6 8
87*4- 93
_
8 - 8
7*6- 8
S2M- S954 83%- 8~H
- ...
- .

{ 5th instalment paid.
O F

P R IC E S

O F

6 59%17kr
6?MS8*4_

SJ4
69*4
32%
80«
95*4

7 8334109673% 90%-

8)4
68%
26
90
91%

_
87 - 92% 90 - 95
. ... - .
... Y Stamped.

G O V E R N M E N T

7H- r-H
6534- 69
24Hr 3914
8 8 -9 7
92 - 98%

0H- 7%
63*4- 7314
351496%-105%
94*4- 95%

7 - S94
68 - 74%
36)4- 4S)4
90 -109*4
9214- 9714

6 -6 1 4
63 - 6596
36)4- 4314
98%-104*4
93 - 95%

9114- 93-% 92%- 90% 00)4- 9454 90)6- 93
_
- ..
0334- 6834

S E C U R IT IE S

FO R

T H E

Y E A R

Gkr 654
65 - 69%
40*4- 4596
100)4-105%
9596- 90*4

5*6- 8
67% - 75)4
42*4- ±8
10554-11*5)4
9154- 9734

92*4- 0 =
4
_

91%- 95%

1898.

_________________________________j Compiled from sales made at tlie Hew York Stock Exchange.]
Coupon Bonds.

Registered Bonds.

Coupon Bonds.

8s.
2S,
1918. is.
5s,
Op­
3s,
4s,
4s,
5s,
6s.
small 1907. 192k 1904. tion. 1918. 1907. 1925. 11904. 1899.
j
Jnn.
Opening...
Highest....
Lowest.....
Closing .
Feb.
Opening...
Highest....
Lowest.. .
Closing...
M a rch .
Opening... -I
Highest----Lowest......
Closing_
_
A p rll.
Opening—
Highest.... :
Lowest......
Closing_
_

...

:: ::
. . ..

May.

Opening...
Highest....
Lowest___
Closing —
June.
Opening...
Highest.....
Lowest.. .
losing.

.. ..

11254
11354
11254
113)4

12854
12054
127)4
127)4

114% 128% 113%
114)4 128)4 113%
113
113%
:: :: 113
S ’ * 113%

.. ..

11396 12854 114%
115
11496
114
11396 n
.. .. 114% 129
114%

113%
113%
111%
111%

128)4
12854
128)4
126).

112
:: :: 113
110
112%
110
111
•HT
108
108
111%
108
111*6
111%
111%
110
:: :: 111

114% 104
115 I 104
113% 104
113%' 104
•••J 103%
.. .. 103%

....! 103*6

. . .. 103*6

123%
125%
118%
122%

112
112%
110%
112%

98%
08%
08%
98%

121)4
i f f 4 125
10S% 11854
109% 110)4

11134 ‘
111341
11134!
11134

122
122*4
117%
119*6

111
111%
110%
110%

{«
08
98
98

100%;
109%'
100
106*4

111 % 102%
111*6 102%

120
!23%
120
123

100%
111
100%
n o%

122
126
122
125

111
111%
111
111*-

:: ::l

1005<
1011
10854
108-54
107%
109%
107%
: : : : !10%i

121%
121%
316%
H8J4

111*6

103
103
103
103

102%

111*6 102%

122*4 10934
110*4
S S L 109%
122*4 110*4
124%
124%
124%
124%

C le -irin s* bjr T e le g r a p h .- S a le s o f S to ck s, B onds, «fcc.—
I he subjoined table, coverin g clearings for the cu rren t w eek
usually appears on the first page o f the C h ron icle , b u t on
account of the len gth of the other tables is crow ded out
once a month. T he figures are received by telegraph from
the leading cities. It w iil be observed th at as com pared w ith
the corresponding w eek of 1893 there is an increase in the
aggregate o f only 3'8 per cent, but the figures cover only five
business days this year, the N ew Y e a r's holiday havin g in­
tervened. In 1898 the figures em braced a f u ll w eek. So fa r
as the in dividual cities are concerned, N ew Y o rk exhibits an
increase o f F8 per cent, and the gains at other points are •
Boston 9T per cent and N ew Orleans o-l per cent
The
losses are, Philadelphia 8 1 per cent, B altim ore 12 8 per
cent, C hicago 1-2 per cent and St. L ou is ±8*8 per cent.

Registered Bonds.

3s,
2s,
3s, 1918, 4s,
5s,
4s.
Op­
3s,
4s,
4s,
6s,
5s,
1918. small 1907. 1925. |19U tion. 1918. 1907- 1925. 1904. 1899.
4.
J u ly .
_
Opening_
Highest... .
Lowest.......
Closing......
A u g u st.
Opening_
_
Highest......
Lowest___ _
Closing......
S ept.
Opening ..
Highest.....
L ow est......
Closing......
O cto b e r.
O pening...
Highest......
Lowest.......
ClosiDg__
N ov.
Opening___
Highest......
Lowest.......
Closing. ...
D ec.
Opening__
Highest......
Lowest......
Closing......

104%
104
104%

11154
111*4
110-54
111

125
128%
125
12854

304*6
105%
104%
104%

11154
112
111
111

104^
1

105%
10434
105%

112
112
111%
11154

127
12754
127
127

112%

105%
106> '
105>..
106%

111
112
110)6
H196

127)4
128)4
127
128J4

112%
113*4

105*4
10fi
105%!
106

112
105
106
11254
105
105%

112

Jilt

126%
127%
126%
127%

103
10734
105%
107%

10534
107%
105%
107%

11254
11354
112%
118%

127%
120)4
127%
129%

112%

IT*
no

12754
127%
126)4
127

104%

11234
113*4

112%

113*4
105
105
105
105

112*4

113*4
112 %

112

112*4
113

112 %

113

110%
110%

111 %

111

111 %

104%
105%
104105;

112%

Cl e a r i n g s .

Returns by Telegraph.

10536
105%
105*4
105%

112 %
112 %

111

112
112

112
112

112%

110%

112%
112%
112%

130%

11234

110 %

111
110 %
110 %

112 % 102%

11294 102%
11234 102%

9W%
98%
98%
98%

105*4 111
105%
105*4 S i "
105% 111 %

111 %

99%
99%
99%
»9%

106% 111%
107% 112
106% 111 %

112%

107%

112

112%
111%
112

112 %
112 %

112%

Week tindlno Januaru 7.
1899.

1898.

Per Gent.

New Y o r k ........................
Boston.............................. .
Philadelphia.................... .
Baltimore..........................
Chicago.............................
3t. L ouis......... ............ .
New Orleans...............

$918,883,381
126,255,728
72,580,392
19,977,389
106,060,121
25,498,305
10,917,415

$876,611,988
115,714,901
78.987,103
22,904,607
107,340,428
31,394,737
10,390,452

8 even cities, 5 days..
Other, cities, 5 days.........

11,280,172,731
181,017,262

31,243,344,336
185,492,843

Total all cities, 5 days_
_
All cities, 1 d a y ............ .

$1,461,189,093
284,736.418

$1,428,837,182
253.757,692

”” +2*5
+12-2

Total all cities fo r w eek.

51,745.926,411

$1,082,594.874

+ 3*8

+Tg
+9*1
8*1
-1 2 8
—1*2
-1 8 -8
•+5*1
-

-*-30
-2 * 4

THE CHRONICLE,

J anuary 7, IS! 9 j

21

B u l l i s h F in a n c ia l * ia r ^ e t * —P e r C a b le .
*

T h e d a ily clo sin g quotation s fo r secu rities, etc., a t London
are reported b y cab le as fo llo w s fo r the w eek ending Jan. 6:
L05D05

if on.

Sal.

Sliver, per ounce....... d.
Consols., new, 2 3* p.ets.
For account................
Fr’ ck rent«s(in Parisifr.
Spanish 4s........ ............
Atch. Top. dt Santa F e ..
Do
So
pref.
Canadian Pacific...........
Central Pacific.............
Chesapeake ® Ohio......
Cliio. Mil- & S t Paul ...
Deny. A Bio Gr., pref.
Eric, common...............
1st preferred..............
Illinois Central.............

27% e
11015,,
11015^
01 82*9
-H 716
>
19 %
533*
87’ *
43%
26*0
124%
'-.31s
15%
40k
118k

Louisville £ Nashville
Mo. Kan. < Tex., co m ..
k
N. V. Cent"! & Hudson..
S. T. Ontario Jc Westhi
Norfolk < West'll pref
fc
Northern Pacific, coin..
Preferred...................
Pennsylvania..............
'Phila. Bead........ . .
'PhUa.&Bea(!., 1st pref.
' Pbila.A Read.. 2d pref.
SotUh’ n Railway, corn..
Preferred....................
Union Pacific . . . ...........
Do
new p re f...
Wabash, preferred.......
Price per snare.

ST
14k
126%
19k
05 Is
43%
80 k
63%
12
23*4
14%
11
4439
45 *8
76 k
23 k

M
O
**
:
:
:

r ues.

I/lUT*.

(fsa

Fr.

27 k
110%
U U lS
01-S2k
45k
19%
53%
*7%
43%
26%
124%
,73
15%
40k
118%

27%
27 k
27s, e
1105,a 110al8 110%
I10l3y« 110% 1101
101*55 01*47k 101-75
44
45%
19%
19
19
52%
53 k
52 -3
88%
88%
88%
41%
41 k
43%
26%
25%
26
124% 124% 124%
72 k
72%
72
15%
14 k
14%
39%
38 k
38%
118% 118
118

66%
14%
120%
19%
65%
45%
30%
63%
12%
28%
11%
10%
44
44k
76k
23 k

66%
14%
120%
19%
65%
15
80%
63%
12
28%
15%
10%
43%
44 k
76
233s

66%
14%
126k
20 k
05
44%
79 %
63
11%
27%
14k
10%
42%
43%
75%
23k

06k
15%
126k
20k
64%
45
79%
63
I lk
27k
14k
10%
42%
14 k
75 %
23k

j

'le c e ip ts

a t—

|

F lo u r .

W h ea t.

B b U .lQ & U > s

'h l c a g o ..........
M ilw a u k e e .
O u l u t h ........ .
M in n e a p o lis .
T o le d o ............
D e t r o i t ..........
C le v e la n d ...
Sfc. L o u i s . . . .
' e o r i a ............
K a n s a s C ity .

291,670
7,200

T o t .w k .'9 8 ,
8 m e w k .r9 7.
S a m e w k .’ 90.
l i n e s A u g . 1.
1 8 0 8 . . . ...........
1807..................
1806..................

863,082
183,100
158,595

C orn .

O a ts .

B a r le y .

3,011,500
547,950
S 18,050
2,022,430
207,479
42,757
250,081
214,291
9,75 1
3C 3,000

2,579.702
235,300
136.033
522,370
531,030
99,078
48,288
290.265
352,050
01,000

2,351.863
206,000

6,063,288
4,058,927
2,199,916

4,912,916
4.502,276
4,490,956

7,058,099 175,130,954 94,588,497
1,979,559 148,090,829 114,282,209
0.202,208 109,024,450 76,117,700

5,429
1,781
7,800
38,200
10,100

ye.

B u sK G O Z b s B u s h .o Q lb s B u s h .3 2 l b s B u s h A S l b s

B u .m ih a .

447,050
142,400
67,550

3 8 ;.S *

460,520
41,718
96,617
42,579
238,800
249,650
31,000

238.650

66,000
9,527

10,000
47,752
85,500
54,000

6,000

3,817,535
3,705,141
3,780,577

844,852
577,099
765,947

340574
162,363
166,694

82,889,332
93,933,098
88,814,976

25,552,731
22,092,741
24,533,017

9,697
700

6 ,627446- .
6,692,113

4,605,70_

rh e receipts o f flour and gra in a t th e seaboard ports fo r th e
»eek ended Dec. 31, 1898, f o llo w :
R e c e ip ts a t—

b b ls .’

B a r le y .
bu sh .

bu sh .

bu sh .

1,681,750
471.521

N ew Y o r k . . .. . . . ..
B o s t o n .....................
M on treal . . . . . . . .
P h i l a d e l p h i a ........
B a l t i m o r e ........ ..
R i c h m o n d ..............
N ew O rlean s*1 . . .
.
N e w p o r t N e w s .. .
N o r f o l k ............
G a l v e s t o n ........ . .
P o r t la n d , M e . . . . . .

1,149,525
192,118
1.HC0
1,226,270
1,331,903
9,491
277.878
321,526
008,7*5
173,000
25,714

9,200
305,140
3 0 1 ,(9 9
5,045
274,750
L.534
9,275
1.351
7,872

549,000
162.420
24,000
73,0 92

655,702

3,857,689
2,155,314

S t .J o h n , N. B . . . .

400,800
105,752
29,769
08,733
91,737
7,442
46,145
183,783

R ye,
bu sh .

108,225
16,075
035
7,200
24,871

144,300
1,730
110*700
107,8855

2,000
103,8fj5

8 ,092

10,925

1,108.216
2,271,398

165,698
71,250

375,537
3 27 ,45 8

® o m r a e c c t a l a n d I ^ t s c e lla n e a a s J t cu rs

T o t a l w e e k ___ . .
vVeok 1 8 9 7 . . . ..........

I m po rts an d E x p o r t s f o r t h e W e e k . — T he fo llo w in g are
he im ports a t N ew Y o rk fo r th e w eek endin g fo r dry ..oodg
Dec. 29 and fo r the w eek endin g fo r gen eral m erchandise
Dec. 30: also totals si ice the beginn in g o f th e first week
in J an u ary,

• R e c e ip t s d o n o t I n c l u d e (train p a s s in g t h r o u g h N e w O r l e a n s l o r f o r e i g n
D ir t s o n t h r o u g h b il ls o f la d in g .

ro a n o s

im p o r t s

1898.

F o r tr te k .

at

se w

.

1895.

1896.

1897.

i

t o r k

D r y G o o d e -----G e n * } m e t 'd ! s e

*1,933.0401
7,639.945

*1,845,440
5,408,761

#2,018,943
0,057,562

T o t a l.....
Sine* J a n . 1.
D ry G o o d s ....
G e n ’ i m e r 'd i a e

*9,577,991;

*0,734,201

*8.076,505

*2,793,827
8,104,302
*

10,898,129

*91,847,603 *118,727,103 *100,7*5,050 *14 4,015,459
336,228,132! 359,952,500 336,010,303 373,372,953

5,335,010
8,720,701

T o tal receipts at ports from Jan. 1 to D ec. 31 com pare as
follow s fo r fo u r years:
1897.
25.790,941

1898.
12,781,024

1 89 5.
17,980,141

103,297,001
183,007,102
07.863.873
13,435,941
12.278.873

68,284,239
101,012,590
74,169,725
13,332,038
6,194,790

5 0,084,527
01,159,211
44,106,191
5,048,020
509,881

420,633,850

262,993,377

189S.

R e c e ip t* o f —

F l o o r ...................
W h e a t . ................ . . . b u s h . 142,100,830
“
206.107,104
**
92,043,322
**
6,249,443
B a r le y ....................... ,.
.
**
15,898,033
Rye...............

Corn............... . .
Oats...................

"

T o t a l jr r a in ...

400,903,732

161,505,83

T he exports from th e several seaboard ports fo r he Week
ending Dec. 31, 1898. are show n in the ann exed statem en t:

me,

F lo u r ,
b b ls .

O a ts ,
bu sh .

951,602
N e w Y o r k ....... 2,255.604
848,405
B o s t o n .............
509,352
25,714
P o r t la n d
162,426
P h ila d e lp h ia .. 537,974 1,397,608
816,027
518.320
B a l t i m o r e . . ,, .
112,230
N ew O r l e a n s . 316,902
6108,725
N o r f o l k ............
321.626
N o w p 'r t N e w s
84,100
G a lv e s t o n . . . . 441,780
........
40.000
C h a r le s to n
17.000
St. J o h n . N . BU 73,002
......
24.000
P e n s a c o la . . ..

138,963
57,056
0,976
00,848
18,432
11,123
37,0 *7
1,861

14.344
123,218
103,685
35,040

#7,544.256
*7,791,785
§8,087,099
$7,227,728
For the week,.
Prev. reported 472,705,872 412,427,470 382,658,541 342,109,268

T o t a l w e e k . . 4,876.519 4,3*3,046
S a m e tlm ©’ 97.2.319,500 4,803,079

351,498
499,485
322,505 1,534,036

Total 52weeJcs #480,250,128 #420,219,255 #390,745,040 #349,336,996

The destination o f these exports fo r the w eek and sin ce
September 1, 1898, is as below .

Total 52 weeks *128,075,735 *478,679,603 *442,795,353 *517,588.41 ?

The fo llo w in g is a statem ent of th e exports (exclusive o i
specie) fro m th e port o f N ew Y o r k to fo reign ports fo r th e
w eek ending Jan. 3 and from J an u a ry 1 to date:
E X P O R T S P RO M » J W

1898

TO R K FOB TH B W E E K .

1898.

1897.

1895.

No t e . —Totals since Jan. 1 cover yearn 1998, 1897, 1898 and 1895.

T h e fo llo w in g table show s th e exp orts and im p orts of
specie a t the port o f N ew Y o r k for th e w eek ending Dec. 31
and since J an u a ry 1, 1898, and fo r the corresponding periods
in 1897 and 1896.
E X P O R T S AH D IM P O R T S O P SP E O IB A T » » W

Export*.
Since Jan. 1.

All other countries.
Total 1898........
Total 1897..
Total 1896........

#8,300 *10,720,705
5,100 29,929,950
3,680 51,430.502

*44,017 $99,320,432
104,932 13,794,876
42,034 82,886,597

#8,300

Im p o rt* .

Week.

SinceJan. 1.

Ali other countries.

§911,725 *16,140,109
980,322
6,002
2,982
613,737
16,242
14,159
223,799
13,795
2,162

Total 1898........
...£ Total 1897........
Wr Total 1 8 9 6 ......

1933,111 *47,997,923
1,390,345 47,435.713
988.962 52,712.428

Great Britain . . . . ..
West Indie*____—

8inceJan.±.

*3,758 $46,752,350
18,230.700
29,751,118
2,837,012
11,180
2,984
119,838
1,055,164
25,809
568,220
286

E x p o r t* .
S U .t r .

Week.

#200
8,000
200
10,444,940
8,500
203,273
55,592

West Indie*...... .

Week.
*16,416
1,655
02,935
50,650
627

SinceJan. 1,
*72,£54
24,907
4,010
319,478
1,528,327
844,506
82,501

$168,133 $2,876,643
35,036
3,116,077
2,917.63,
28,536 —-------------o

The im ports of d ry goods fo r one w eek later w ill be foun d.
in our report o f the d ry goods trade.
_____ ________ _
B r c « < | i « t i 9 fr p

F ltftir e *

B r o n th t

E x p o r ts f o r
u reek a n d t i n e s
S e p t. I t o -

2,082

10,925
270,0D0
42,857

17,254

8,692

470,235
367,137

29,497
05,971

1 30,372
68,913

65
183*783

6,867
7,872
1.534

b b ls .

101,68.0
20,000

140,453

9,370

—------- Flour.----------, r - ------W heat.-------- Week Sines Sept.
Week Since Sept.
Dec. 81.
i , 1898. Dec. 31. 1,1808.
b b ls.

B a r le y
bu sh .

P eas,
bu sh .

H sh.

bu sh .

bu sh .

O n lte d K in g d o m 282,4*33
C o n tin e n t— . . . .
45,148
8 . St C . A m e r i c a .
37,507
W e s t I n d i e s .........
35,000
B r .N . A m . C o l o ’ s
1,249
O t h e r c o u n t r ie s ..
180

4,11 4,?8 2 2,149,193
970,220 2.709,680
18,610
471,808
440,022
101,789
140,488

34,432,138
20,006,270
170,07'

T o t a l ..................
T o t a l 1997..............

6.244,299
5.187,479

60.994,138
66,453,605

,------- -— C o r n . ---------- <
W eek
S in c e S e p t.
D e c . 3 1.
1 , 1898.
bu sh .
bu sh .

1,673,729
2,630.363
2,510
19,739
705

20,280,492
80,299,041
33,539
277,371
153,420
692,003

4,333,040
4,263,679

5 7,7 4 2 ,4 0 .
57.228.35j>

386.707

Im p o rt* .

G o ld .

Week.

TORR.

C om
bu sh .

W h ea t,
E x -p o r ts f r o m — b u s h .

F ro m

P a g e

18.

T be

statem en ts below are prepared b y ua from th e figures co l­
lected by th e New Y o r k Produce E x ch a n g e. T he receipts at
W estern lake and riv er ports for the w eek endin g Dec. 31, and
since A u g . 1, fo r each o f th e last th ree years, have been ;

351,498
322,505

4,870,519
2,810.560

T he visible supply o f grain , com prising th e stocks in
gran ary a t th e p rin cipal points o f accum u lation a t la k e and
seaboard ports, Dec. 81, 1898, w as as fo llow s:
In store at—

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

W h ea t

bush.

3,153.000
Do
a flo a t ............
38,000
A l b a n y ..............................
....
B u ffa lo ......................
4.134,000
Do
a flo a t ............ 1,210.000
C h i c a g o ............... ..
3,612,000
Do
a flo a t ..—
M ilw a u k e e .......... ...........
19,000
Do
a f l o a t . ..........
D u lu th ...............................3,482,000
228,000
bo
a flo a t .. . . . . .
431,000
T o l e d o ........ .......... .
Do
a f lo a t . . .. * * .
265,000
D e t r o i t ............ . . . . . . .

Do
a flo a t......
Oswepro..............
St Louis............. . . . .

Do
a flo a t .......
C i n c i n n a t i ... . . . . . . . . . .

1,485,000
327.000
142.000

P h ila d e lp h ia .................

019.000

Montreal................. .

Peoria.........................

21,000
1,000

137.000
I n d ia n a p o lis ,
792.000
K a n sa s C i t y . . . . . ........
1,428,000
B a lt im o r e .................. .
6,343.009
M in n e a p o lis ............
31,000
O n M is s is s ip p i R i v e r .
O n L a k e s .................
On c a n a l a n d r i v e r . . .

Total
Total
Total
Total
Total

284.000
30,000
1,149,000
4CO O
.O O
5,7O0.O(>u
176.000

Dec. 31.1898.26.803,000
Dec. 24,1808.28,783,000
Jan. 1,1898.28,816,000
Jan. 2,1897 64 661,000
Jan. 4 1896 09,818,000

Oats
b u sh .

910.000
13.000
40.000
322.000
91.000
1,428,000

R ye.
bu sh .

161,000

B a r le y
bu sh .

158,000

348.000
189.000
25,000
1,809,000

427,00b

534,000

380,000

'83*000

3,000

111.000
M l8.000

ibs.bbo

50,000

670,000

100,060

io b
*6 d

691.000

3,000

ios'ooo

T o r o n t o ......................... .

B olton .. . . . . . . . . . . . . . . .

Corn
bu sh .

2,020,000

171.000

327.000
40.000
6,000
889.000

02.000

82,000

6,000

94,000
.15,000

*46,W
O

*25,b b
o

18,000

65.000

190.000

84.000
1.142.000
1.330.000
169,000

19.120.000
18,7OQ.O00
38,42 L,000
10.862.000
5.840,000

42,000

6,000

910.000
730.000

101.000

110,000

25.000

3.000
70.000

0,000

1.000

35.000

1,000

75,000

175.000
1,930,000

44.000
257,000
59.000

80,000

8,000

6.829.000
6.947.000
12.244.000
14.089.000
0,687,000

1.296.000
1.311.000
4.055.000
8.087.000
1.553.000

THE CHRONICLE

28

[V ol , LXVIII.

Reports of Non-Member Banks.—The following Is the —Redmond, Kerr & Co. advertise, on page ix, a list of
Statement of condition of the non-member banks for the investment bonds and guaranteed stocks.
week ending Dec. 31, based on averages of the daily results —Benjamin Fisher, 50 State Street, Boston, advertises in
another column a list of Eastern securities.
W e om it two ciphers (0 0 ) in all cases
—Messrs. Lee, Higginson & Co.. Boston, invite the atten­
Deposit, urifrt
tion of investors to American Bell Telephone fours.
Net
Leo 1 .
Loans &
De
cB
O vi­ Sur­ Invest­ Specie. •S ’k Clear’g Other
B
BANiK.
—Messrs. C. H. White & Co. offer several issues of railway
Notes. Agent. Bks.dc posits.
plus. ments.
ta l
(O e omitted.)
O
and municipal bonds. The advertisement is on page vii.
9
$
$
$
f
Niw York City .
—Parson, Leach & Company offer a selected list of “Janu­
51.8 242.1 407,3 3.052.4
Amtor Piece............ 200,0 362.3 3.535.4 210 ,0
08.5 122,9
801,0 ary Investments.” See their advertisement on page ix.
18.3
718.0
65.0
Oole&u:................ 100,0
1.735.0 128,0 123.0 193.0 292,0 2.005.0
olunbla................ 300.0 180.4
—Attention is directed to an advertisement of “ unlisted
1.511,9
47.4
05.5 340.0
Eleventh Ward— 100.0 110.5 1.158.3
1,019,6 stocks” dealt in by F. J. Lisman & Co.
94.7 217,3
30,1
755.4
Fourteenth Street. ioao 53,8
The list will be
13.0 108.0
497.8
557.0 102,5
H,7
Franklin National. sotro
590.3 found on page vii.
24.0
18.9
688 .0
64,5
43.3
26.3
Ganaevoort............ 200,0
45.1
74.0 110
1.106.0
.0
85.2 1,160,6
200,0
Hamilton..............
—A list of bonds for January investments is advertised in
1.598.0
Hide A Loath. Nat. 500.0 166.4 3.092.5 214.9 135.0 180.2
60.3
10.5
549.7 another column by Messrs. E. H Gay & Co., New York,
25,1
39.4
524.0
84.1
100.0
Home................
1.199.0 Boston and Philadelphia.
74.0 115.0
31.0
200,0 189,3 1.249.0
Hudson River.......
40.9 177,5 1.779.5
96.6
02.3
Mount Morns....... 250.0 93.1 1.477.8
00,9 104.2
936.0
91,8
870.5
18.1
Mutual................... 200.0 113,2
—The attention of investors is directed to the long list of
34,4
28.2 123.1 107.0
911.0
640.3
26.4
100,0
Nineteenth Ward.
1.774.5 high-grade bonds advertised in this issue of the Chronicle
45.3 103.0 271.0
Plata....................... 100,0 110.5 1.561.1
77.0
12.5
732.5 by Messrs. Goldman, Sachs & Co.
48.1
721,8
Riverside................ 100,0 101.7
100,0 84.4 1,822,0 78.0 34.0 161.0 178,0 2.100.0
%

Twelfth" W ard!I...
Twenty-third W ’d.
Union Square.........
Yorkvllle................
▲•tor N atl Bank..

200,0 150.8
100,0 47.1
2 0 0 .0 301.8
100,0 128.6
300.0 12,6

1.151.3
832.4
1.907.3
1,160,0

10.0

26,0
125.7
100.7

93.6
120.3
98.1
63.7
211.4 298.3
89.9 116,8
76.0
284.0

67,4 1.477.5
994.1
83,9

2,011,0

— In th e Q u otation S u pplem en t issued w ith to -d a y ’ s
C h r o n ic l e w ill be found an a dvertisem en t o f in vestm en t

bonds for sale by Simon Borg & Co.
—L. S. Frankenheimer, retiring from active business, has
31.7
Bedford................... 150.0 105.7 1.131.5
withdrawn from the banking firm of Asiel & Co., and Sieg­
100.0 114.8 1.463.7 27.0
Broadway.
fried S. Prince and William Erdmann have been admitted as
300.0 160,0 1.083.1 97.2
Brooklyn..
100.0 35.1 263.4 12,9
Eighth Ward.
partners of the same.
100,0 50.4 562.0 27.2
Fifth Avenue..
200,0 109.0 857.6 57.2
—Mr. Egbert Mills, for many years with the banking
Fulton
150.0 59.3 650.0 33.5
Kings County.
house of Kountze Brothers, has formed a partnership with
Maaufact’rs' N a fl 252.0 435.8 2.149.3 249.2
500.0 380.8 2.245.9 110.3
Mr. J. W. Gilbough, under the firm name of Gilbough &
M echanics..............
49.2
912.2
Meoh’s' A Tradr*s 100.0 188.5
Mills, with offices at 2 Wall Street.
Nassau National.. 300.0 575.6 3.859.0 250.0
300.0 508.8 2.331.0 236.0
National City.
—Rudolph Kleybolte & Co., 1 Nassau Street, offer for sale
14.1
754.3
North Side............. 100.0 111.1
a number of high-grade investment municipal securities
862.6
47,0
People’s.................. 100,0 105.8
60.2
100,0 124,5 1.564.5
which they recommend as safe investments. They furnish in
Queens Oo. ( L.I.C.)
21.3
447.4
Sohermerhorn....... 100,0 57.1
each instance full transcripts and attorney’s opinion as to
9.1
05.5
425.7
Seventeenth Ward 100,0
200,0 218,1 1.050.7 112.9
validity.
Sprague National..
12.5
347.0
51.3
Twenty-sixth W ’ d. 100,0
292.8
7,0
—C. Schumacher & Co. offer at par and interest the
Union........ ............. 100,0 45.4
12.8
568.1
32.4
Walla bout.............. 100,0
Georgia & Alabama Railway first mortgage consolidated 5
O
C
.
per cent 50-year gold bonds due 1945, and give notice that on
1st Nat., Jer. City. 400.0 728.5 3,856,5 159,3 289,9 713.0 12108 5,754,6 Jan. 10 the price of the unsold portion will be advanced to
98,8
00,4 160,6 239,3 1,891,1
Hod. Co. Nat. J. C. 250.0 522,8 1,985,7
02,3 536.1
80,7
1.469.3 101 and interest.
td Nat.. Jer. City.. 250.0 382.7 1,410,9
33.6
828.3
73.0 229,5 105,7 1.055.3
8d Nat., Jer. City.. 200.0 190.6
—Messrs. Mason, Lewis & Co., of Boston and Chicago, hav­
22,2 157.4 245.0 1,645,5
1st Nat., Hoboken. 110,0 427,4 1,033,3 113,7
32.0
731,5
88,0
42.0
73.9 118,6
809,3 ing disposed of $250,000State of Jalisco, Mexico, 6per cent gold
Id Nat.. Hoboken. 125.0
44,2
18.0
410,0
33.0
86.9
8
497.7 bonds, maturing July 1, 1928, in less than three weeks after
Bank of Staten Isi. 25,0
70,0
005,7
17.7
19.0 109.4
591.8
1st Nat.,8Uten IsL 100.0
offering them, the firm will now sell (in conjunction with
r
Totals Dec. 31- O019,0 8 .637.4 62 697,7 3 ,7 * 4 3 4 ,766,1 8.943.0 4 3 9 0 ,7 74 ,348,2 the Geo. D. Cook Co., Chicago) $500,000more of the same issue
,or
oo
Totals Dec. 24... Q 3,0 8.637.4 62 434,0 3,657,0 4 .367,7 8,& ,6 4356.9 70 220
of bonds. It was the intention to place most of these bonds
Petal • Dec. 17. . Qj)t2.o 8637.4 62,0043 3,6 67 ,^4 3 0 1 ,1 9 196.1 4.163.9 7°,745,'
abroad, but the ready sale of the first lot offered in the Amer­
New York City Clearing House Banks.—Statement o1 ican market and the many inquiries received for additional
this offering of $500,000 more
condition for the week ending December 31, based on average bonds prompted published in another colnmn. here. The
advertisement is
of daily results. W e om it two ciphers ( 0 0 ) in all cases.
Anction Sales.—Among other securities the following, nc t
B an k b .
Oaptlai d u rp l’i L o a n s . Specie. L eg a te. D e p o s i t
regularly dealt in at the Board, were recently sold at auction.
Btnk of New York.. $2,000,0 $1,879,1
Brooklyn.

t h ir

2,010,0

210,0

85,0

1.328.8
2.096.0

77.9
82.7
91,0 1.210.0
184.1 214.3
1.711.8
60,0 196.2 102.3 1.225.9
67.9
19.3
232.0
6,0
22.6
46.5
20,6
520.9
89.1
41.7
743.5
24.0
84.9
617.8
313.3 733,7
3.002.3
158.4 213.5
2.382.4
69.1 111.3
05,6 1.017.0
221,0 481.0
60,0 4.168.0
550,0 184.0 2 0 1 ,0 3.009.0
65.4
58.9
726.1
20.0
37.2
78.6
10,5
807.8
80.7 352.2
70,2 1.930.1
25.3 137.3
482.0
37.2
63.9
69.0
429.0
10,0 335.0
13.0 1,110,0
24.2 112.6
401.4
1,5
15,1
31.3
240,3
44.0
36.7
66.4 102,4
652.9

it im

,
,

,,

.

Manhattan Oo.......... 2.050.0
2,000,0
Merchant*'....... .
Mechanics’ ............... 2,000,0
A m e ric a ................ 1.500.0
Phenlx....... ............... 1,000,0
01ty ........................... 1,000,0
Chemical...................
300.0
600.0
Merchant*’ Exch'ge
ft aliatin....... ............. 1,000,0
300.0
Butchers’* Drov’rs'
Mechanics’* Trad's'
400.0
Greenwich................
200.0
Leather Manofac’rs
600,0
Seventh....... .............
300.0
State of hew York.. 1.200.0
American Exchange 5.000.
Oommeroe................. 5.000.
Broadwar....... .......... 1.000.
Mercantile................ 1,000,0
Pacific.......................
422,7
Republic....... ........... 1.500.0
Chatham....................
450.0
People's.....................
200.0
North America.........
700.0
Hanover................... 1,000,0
Irving........................
500.0
Oltiaena’ ....................
600.0
Nassau......................
500.0
Market * Fulton...
900.0
S h o e* Leather___ 1,000,0
Corn Exchange....... 1,000,0
Continental............... 1,000,0
Oriental.....................
300.0
Importer*’A Trad'rs 1.500.0
Park.......................... 2.000,0
Kant River................
250.0
Fourth. .................... 3.200.0
Oentral ...................... 1,000,0
8econd.......................
300.0
Ninth.........................
750.0
First..........................
500.0
K . Y. Nat’ l Exoh'ge.
300.0
Bowery.......................
250.0
New York County..
200.0
Homan American..
750.0
1.000,0
Avenue.......! ! ’
100.0
German Exchange..
200,0
Germania..................
200,0
Lincoln......................
300.0
Garfield.....................
200.0
Fifth...........................
200,0
Bank of the Metrop.
300.0
West Side.................
200.0
Seaboard...................
500.0
Birth...........................
200.0
Western.......... .......
2.100.0
First Nat. B'kiyn...
300.0
Hat. Union Bank... 1,200,0
Liberty.....................
500.0
IT. Y. Prod. Exoh'ge. 1,000,0
Bk.of N. Amsterdam
250,0]

88

2.132.0
1.074.9
2.042.9
2.674.0
246.0
4.281.1
6.411.0
170.7
1.664.1
123.0
159.0
104.4
408.5
109.0
496.9
2.493.7
0
3.079.5
0
1.060.5
0
1,053,3
472.3
810.9
000,0
203.7
555.8
2.290.8
377.4
382.2
2 57,6
988.4
154.8
1.307.6
008.7
408.6
5.707.2
3.242.3
146.6
2.040.3
490.5
711.6
265.6
7.497.4
58.8
018.2
436.8
283,5
1,139,0
1.170.2
571.8
739.0
754.0
871.8
324.0
843.7
304.1
407.2
300.0
854.9
964.7
1.014.2
348.0
321.9
320,4

$15,150,0 $2,930,0
15.804.0 4.960.0
14.093.3 2,950,2
12.055.0 2.209.0
21,448,6 5.164.6
4.780.0 1.123.0
80.905.4 25,307,5
34.906.3 8.884.1
5,626,9 1.305.8
8.147.5 1.243.2
334,9
908,1
1.37a,0
006,0
102,0
998,6
5.092.5 1.229.9
1.843.8
482.3
405.5
4.098.1
20.653.0 1.515.0
27.004.4 3.979.0
7,1.37,4 1.764.6
13.442.8 2.501.9
2.883.1
684.7
17.726.9 4.629.0
6.470.0 1.070.5
1.035.0
525.3
13.498.9 2.338.0
40.096.0 10,800,7
3.068.0
582.8
2.812.5
789.9
2.623.3
443.0
6.382.0 1.408.7
3.903.3
920.6
9.850.9 2.089.6
0,379,6 1.740.0
1.917.0
289.8
25.958.0 5.770.0
44.009.0 13,574,0
1.150.4
540.1
27,077,8 4.894.3
12.031.0 3.355.0
6.030.0 1.098.0
2.808.4 1.130.3
33.215.3 7.407.7
1.649.3
279.0
2.719.0
892.0
3.100.9
711.8
2.933.9
464.0
32.008.0 7.607.9
8.347.1 1.044.1
2.071.6
282.9
3.187.0
562.1
0,947,2 1.780.8
6,783,8 1.352.5
1.934.0
432.4
4.952.3 1.262.5
2.417.0
275.0
10.144.0 1,440,0
1.010.0
159.0
29.741.1 7.154.2
4,549,0 1.009.8
16,639,0 4.858.3
3.792.2
811.0
791,1
3.844.7
689,3
8.341.7

T « * l -------------------- 58.272.7 76.767.9 718.308.7 1097503

$980,0 $15,390.0
1.817.0 19.604.0
1,307,9 16.449.0
824.0 11.850.0
1.445.5 26.311.0
5.040.0
307.0
2.738.5 103.075’ ?
1.522.6 28.952.4
0,539.4
307.5
0.906.5
619.1
1.300.7
130.5
1.801.0
188,0
1.033.2
272.3
5,021,9
445.0
2.337,6
161.6
3.402.3
„ 204,8
3.740.0 21.094.0
2,872,2 23,458 9
0,943.6
220.0
737.0 13.552.7
3.018.0
391,9
600.0 20.412.2
0,850.1
930.0
3.083.5
809.3
969.8 15.308.4
1,877,8 49.903.6
3.904.0
409.2
3.308.0
151.6
3.241.0
336.0
0,910,3
517.9
4.097.3
310.9
953.0 11.402.8
393.4
7.907.6
2.101.1
500.7
1.202.0 27.030.0
2.344.0 50.412.0
1.529.8
191.6
2.428.0 30.020.3
893.0 10.273.0
6.922.0
489.0
3.070.0
275.3
997.9 34.244.4
1.072.0
252.4
3.907.0
412.4
3.777.8
355.4
282.6
2.853.0
4.459.6 42.095.9
079.7
9.487.0
3.529.9
1.080.0
741.2
4.900.2
398.5
7.904.8
551.1
7.137.0
168.4
2.236.8
783.8
0,011,7
410.0
2.041.0
1,520,0 12.244.0
229.0
1.550.0
1.401.6 34.588.1
l!S83,8
6.079.0
292.5 18.895.7
341.0
4.574.4
137.5
3.459.3
329.9
3.793.8

55.184.1 823 037 7

I T * The sales reported in tills oolumn last week were made by
Messrs. Adrian H. Muller & Son, and not, as erroneously stated, by
Messrs. R. V. Harnett & Oo.

Sales this week by Messrs. Adrian H. Muller & Son :
100 Fidelity Trust Co. ol Taooma, Wash........... $2 per si
840 Wheeling Bridge & Ter­
minal Ry. Oo.............. $ 2 1 1
<
50 Carbon Steel Oo. 2d pref.
6 p. c. stock........ $20 per si
400 Consol. Coal Co. of Wy° miaS...........................$ 1 1 1
<
100 Hous & Tex. Cent.Ry.$l p.sl
10 Central Nat. Bank....... 176'
5 N. Y. Life Ins. & Tr. Co.. 130
25 United States Trust Co.. 135
14 Heok'r-Jon’ s-Jew’UMilllng pref.......................... ^
50 Holland Trust Co............ 49
214 Amor. Steel Barge C o... 50
50 U. S. A. Pegamoid pref.. 38
25 Sprague Nat. Bk.of Bkl’n.185
25 Am. Union Life Ins. Co. 64
JBotids.
$6,000 N. Y.& Westmoreland
Gas, Coal & C. Co. bonds.. 50
$35,000 Wbeel’g Bdge &Ter.
Ry. Co. 2d 6s, 1940. Sept.
1893. Coupons on .............

B on d s.

$19,500 Houston Eleo.St.Ry.
Co. 1st 5s 1921. M & S.
St*pt. 1900. Coupons on... 60
$2,145 Houston Elec. St. Ry.
Co. income 5s, 1900............ 50
$21,000 Houston Eleo.St.Ry,
Co. income 6s, 1917............ 10*2
$100 Houston Elec. St. Ry.
Co. Income bond, scrip .. . 5
$7,000 Albany Fla. & Nor.
Ry. Co. 1st 5s. Jan. 1893.
Coup. on. Cert, of dep..$1101ot
$1,000 Orange Mt. Cable Co.
1st 20-yr. s. f., 1911. M<fc8.
Maroh, 1895. coup. on.. .$30 lot
$5u0 The J. B. Watkins Land
Mort. Co., “ Series
deb.
Cert, of deposit...............$400 lot
$15,000 Chateaugay Ore &
Iron Co. 6s, 1915................ 50
$5,000 Atlan. Coa3t Elec. RR.
Gen. 5s, 1946. J & J ........ 71
$500 Cert, of Mem. Assoc’ d
Mfrs,’ Mutual Fire Ins. Co.
$500 lot

By Messrs. R. V. Harnett & Co:
$21,000 Avondale Marble Co. 6s, 190:

1895 ooup. on $200 per bond.

gtett&tug a n d f i n a n c i a l .
Spencer T ra sk

&

C o .,

BANKERS,
2 7 Ac 2 9 P I N E S T R E E T ,

-

-

-

NEW YORK.

65 State S treet, A lb a n y .

_________ I N V E S T M E N T

S E C U R I T I E S-

G eobob B a r c l a y M o f f a t .
M

o

f

f

a

A lexan der
t

&

W

h

B AN KE RS ,
No. 1 N A S S A U S T R E E T ,

IN V E S T M E N T

.

.

i

t

m
e

. W h it e , J h
,

’
.

1

NEW YORK.

S E C U R IT IE S . I

THE CHRONICLE.

J a s c a r v 7, 18«9.1

^Bankers’ ©alette.
OfFIDKWDW.
fra m e o f C om p a n y,

R a i l r o a d * ( S te a m .)
A tlanta & West Point................ ,
Atlantic & North Carolina..........
Augusta & Savannah........ .........
Boat. & Prov. guar, (quar.)........
Buffalo St. Marys A 8. W__ ___
B url. Cedar Rap. & N orthern...
4
4
4
*
4
4
4 (extra)
4
Central RR. of NjiJ. (quar.)___
Chattanooga Rom* A Sou. pref
Chicago A W est Tnd. (quar.).......
Concord A Portsmouth .............
Connecticut River
..........
Ga. RR. A Banking (quar.)........
Mine Hill A SohoyUtih H a ven ...
New London Northern (quar.)..
Northern of N. H. (quar.)........... 1
Norwich A Worcester (quar.)...
Old Colony (quar.).......................
Pittsfield A North Adam s..........

beater. ...

Portland Saco A Portsm outh...
Portsmouth A Dover guar.......... .
Rook Island A Peoria
.........I
St. Joseph A Gdi 1*1, 1st p r e f...
Texas Central pref. (manual)__
Ware R iver.......... ........................ |
W orcester Nashua A Rochester
Wrfghtsv. A Tenn. com & praf
s tr e e t H a llw a y s .
Canal A Claiborne HR. 'N. Orl.)
Cincinnati 3t. Ry. (quar.).........
Cleveland City Ry. (q u a r.).......
Lowell Law. A Haverhill (quar.) \
Market 8t. By. (San Fr.j (quar.).
Newport A Pall River St. R y ....
Newport St. Ry. p r e f ................
Newton (Mass.) St. Ry. (quar.)..
Southern Elec. RR. (St. L.) pref.*1
B an k s.
Chase N a tio n a l...........................
Pulton (Brooklyn)............. ..........
Twelfth W a r d ........................... ,
Twenty-sixth Ward <Brooklyn).
F i r e In su ra n ce *.
CUi/enV.............................. ..
Commonwealth .................. .
Empire C ity ................................. I
H anover............... ............*...........
▼ Itaceltaneoua. 1
American Steel A Wire pref......)
American Type Founders. . . . . .
Chicago Telephone (monthly)__
Denver United Breweries pref.
Finance Co. 2d pref. (quar.)---Madison (Wls.) Gas A Elec . . . .
N. Y. A N. J. Telephone (qtiar.)
4
4
*
’
(extra)
N, Y. A Pa. Tei, A Telex, (quar,)1
Safety Car Heating A Lighting..!
4
4
“
(extra)
Standard Undergr. Cable (qoar.)[
*
*
4
4
*4 (extra)
Stetson (John 8.) com. (annual)
'*
p ref................
Street's West. Sta. C. L com.(qu.)j
United States Rabhor preL tou.)!

P e r I When |
B ooks closed.
Oeru. IP a ya b le. j ( Bays inclusive.)
3

Jan .
Dee.
Jan.
Jan.
Jan .

1
2Q
2*s
6

% J Feb.
1 5 Feb,
3
J an .
l1
^ Jan.
Jan .
5
Jan .
2%
Jan ,
2%
Jan.
2H
J an .
J an .
2
J an .
1%
Jan.
21
*
Jan .
3
Jan.
3
Jan3
Jan.
2*9 Jan .
2
J an .
4
Jan.
Jan .
2** Jau .
34
Jan .

?! ---- ----- to
2 2 D ee. 17 t o D e c . 21
5 J a n . 1 to J a n . 4
t o -----------3—

^

to

J a n . 19
J a n . 17
------------------—
------— J a n . 15
— ------------------

to
to
to
to
to
to
to
to
to
to
t o

— ----------------------- ----J a n . 15
— ■—
----- —
J an . 2
J a m 31
J an . 16
------ —
------------

t o
to
to
to
to

-----------Deo. 22
J an . 10
J an . 2
Jan. 9

14 Jan.

16 ---- —
2

1

--------

11 Deo. 18
31! Jan . 17
1 6jJ an . 6

On c
Jan .
2 Dec. 18
J an . lO J a n . 1
J an .
2 D ec. 25
J an .
y D ec. 2 9
Jan .
Jan .
1 ---------J an .
J an .
2 Deo. 25

5
3
3
3

Jan .
J au.
J»Q .
Jan.

4
3
3
5

O n d a m .!— -------6 !J iiil 4
J ib
O n d a m .-----------O n d e m .------

1%
1
1

[Jan.
J an .
Jan.
Jan .
Feb.
Jau .

4

t "{

J an .
Jan.

3

/

Z

>j

|

j Jan.

J »n .

J a n . 6.

3 (Dec. 29
3!
1 0 -----------3 jD eo. 29

t o — ..—
to -----------to J a n . 1
to
to
to
to

S ixty da ys.

J an . 22

J au . 3
----------------------J an . 2

D em a n a,

P rim e b a n k e rs ’ s te r lin g b ills o n L o n d o n .
4 82ia
4 85%
Prime o o m m e ro ia l............................................ 4 8 1 % »4 813
.
Documentary oommeroial......................... 4 804ja4 8114 ,
Paris b a n k e rs ’ (tra n o s )................................. 5 234i'3’227| g
519151P 5 20
a

Amsterdam (guilders) bankers.................

F ra n k fo r t o r B re m e n (relehjnarka) b ’k e rs

39v8a39i6i(s
94^^943] e

40®40l,„
9413!8®94%

U n ite d S ta te s B on d s.— Sales o f G ov ern m en t b on d s at the
B oa rd in clu d e *50,000 4s, co o p . - iH3i>. at 129%; $10,000 4s,
reg ., 1925, a t 129: $12,00u 4s, co u p ., 1907, at 112% to 112%:
$60,000 4s, re g ., 1907, a t 112 to 113% ; $50,000 5s, co u p ., at
113%: $14,000 2s, reg ., at 9 9 % ; $13,000 3s, re g ., at 106% to
107%; $380,700 3s, co u p ., at lo7 to 108, and $6,800 d itto (sm all
bonds) at 106% to 107. T h e fo llo w in g are th e da ily closin g
q u o t a tio n s : for yearly range see seventh page following.
In terest
P erio d s.

t o ----------

4
14
%
1
6 0 c.
3
34
2
3

l
2

F o r e ig n E x ch a n g e.— T he foreig n exch a n ge m arket has been
h rm on a som ew h a t b etter in qu iry f o r hills, and rates are
q u oted fra ctio n a lly h igh er than last week.
T o-d a y’s a ctu a l rates o f exch a n ge w ere as f o llo w s : Bankers’
sixty days’ sterlin g, 4 8 1 :^ 0 4 83; dem and, 4 84% @ 4 8414;
jables, 4 85@4 85 % ; prim e com m ercia l, six ty days, 4 8144®
18144; docu m en tary com m ercia l, six ty days, 4 S04£@4 Si 4,;
gra in fo r paym ent, 4 8 1 % @ 4 8144; cotton for paym ent, 4 3044
@ 4 81; c o tto n fo r accep tan ce, 4 8 l% @ 4 81 % .
P osted rates o f lea d in g ban kers f o llo w :

-------------

1 J a n . 14 t o
1 J a n . 14 to
17 J a n
8 to
t o
to
to
to
to
t o

29

2 s , ___ .......... reg3b, 1918 .......... reg.
3s, 1918.
3 k, 1918. small.reg.
3s, 1918, smalL.e’p.
te. 1907 ........... reg.
4a. 1907.
4s. 1925 ........... reg4s, 1925. ........ coup.
5a. 1904
5s, 1904.
6s, oar4oy,’9 9 ...reg.
4s. (Cher.11899.rek.

Q. -Moh.
Q .-F eb.
Q .-Feb.
Q .-F eb.
Q .-Feb.
Q .-Jan.
Q .-Jan.
Q .-F eb.
<J-Feb.
Q .-Feb.
Q .-Feb.
J. & J.
Maroh.

1 htsis bU »•»•>« »«.* > ij
d
%

Dec.
31.

Jan.
2.

Jan.
3.

Jan.
4.

Jan.
5.

Jan.
6.

* 99Q * 99H * 99Q 9SW
9
x06% 10 6 ^ *106^ *10613
107 > 107% 107 ^ 107%
3
w
&

w
©
>

*10734
’lift
112hi
*129
*129
*1125*
-112H,
"xlOO
*102 is

.u »i*umg board;

do

*107
112%
*112^
129
129%
*112%
*112%

106%
112
112%
*129
*129>4
*112%
113%

106%
*112
*11381
*129
*129
*112%
*1 1 2 %

*1021% •ioi'sg *io’2»8

sale was made.

S ta te a n d R a ilr o a d B o n d s .— Sales o f State b on d s a t the
B oa rd are lim ited to $4,000 V a ,fn n d . d eb t 2 -3 sof l - m at 82% .
In th e m arket fo r ra ilw a y b on d s the v olu m e o f business
w as irreg u la r, a m ou n tin g to a b ou t $6,300,000 pax va lu e on
14 J a n . 5 t o ---------- - Tu esday to less than $3,500 000 on W ednesday, and w a s w e ll
1 6 ------------ to -------—
distrib u ted th rou gh ou t th e list o f m ed iu m class bonds.
5 'J a n . 1 to J a n . 5
C olu m b u s H o c k in g V a lley and T oled o issues w ere h ig h ly e r­
— ------t o -----------ra tic on th e issuance o f the reorgan ization plan.
l|------------ to —— —
2 0 J an . 11 to J an . 2 0
M issouri K ansas & T exas w ere a m on g the m ost a ctive
1*1------------ to ------------ bonds and in sym p a th y w ith th e s to ck adva n ced betw een 2
U n ion P a cific D en v er & G u lf w ere in request
1 6 ----------- t o — ——
— — and 3 points.
t o --------- - and sh ow a gain o f 8 % points.
S to c k a n d B on d S a les.—T h e fo llo w in g show s th e v olu m e
10* Jan .
to J a n . 10 o f business in stock s and bonds on the .New V o m Stock
E xch a n ge fo r the past w eek a nd sin ce J anu ary 1.
16 J a n . 1 2 to J a u . 15
Bales
W eek en d in g Jan. 6 — —---- Jan. 1 to J a n . 6.-----v
2 5 J a n . 11 to J a u . 24
1899.
1898.
1899.
1898
31 J a n . 15 to J a n . 31 N. Y. Stock Exch.
to
to
to
t o

-------—
Jan. 9
------ —
------------

4
Jan.
2
J an .
* E rron eou sly r e p o rte d la st w eek as c o m m o n s to c k .
> The d iv id e n d n oted la st w eek o n R hod e Isla n d P e rk in s H orsesh oe
-m fflon s to c k was an e rro r, non© h a v in g b een d e c la r e d o n th e c o m m o n .

W A 1*1 S T O U T , F R I D A Y , J A N . « . 1 N 9 9 . - 3 P . 91.

O o v a rm n a n tb o n d s
S t a t e b o n d s ...............
l i f t , jt m in e .b o n d s .

$ 4 9 0 ,5 0 0
9 ,0 0 0
2 1 .4 9 0 ,7 0 0

Total................ $21,996,200
8toc*s~N o. shares
3,M 3,979

$ 1 8 8 ,3 0 0
200
1 5 ,0 3 2 ,1 0 0

$16,270,600
1,539.261

$ 4 9 6 ,5 0 0
9 ,0 0 0
2 1 ,4 9 0 ,7 0 0

$21,996,200
3,143,979

$ 1 8 8 ,3 0 0
200
1 5 .0 S 2 ,1 0 0

$15,270,600
1,589,261

Par value . .
T h e M on ey M a rk e t and Fi n a n c i a l S it u a t io n .—T h e in ­ Bail ks bares, par .va $30 1,520,500 $153,877,050 $301,520,500 $153,877,050
I,
$5,900
$16,000
$5,900
$10,000
v estm en t dem and fo r secu rities w h ich has been freq u en tly
W e add the fo llo w in g d a ily record o f the transactions:
noted o f late in W a ll Street w as som ew h a t oversh a dow ed
W eek e n d in g ------------ Btoc/ce-------- R a ilroa d , tec. s ta te
tj. 8
this w eek bj* h eavy sp ecu la tiv e tra d in g . Wi t h the passing
J a n . 6 ,1 8 9 9 .
B liaret. P a r va lu e.
B onds.
B onds.
B on d i.
o f th e h o lid a y period ca m e the gen era l b e lie f th at the m on ey 3»«xrd»T..............................N BW -Y BA B H O L ID A Y .................................................
M o n o * ,............................... NEW YEAR H O L I D A Y .......................................... . . .
m a rk et is to co n tin u e easy and th e la rg e am ou nt o f fnnds T oe . ‘lay................. 740,888 » 8 » ,888,800 *0,‘JSS,SOO
* .............
*62,300
8 »,000,500
3,808,000
3,000
138,800
released b y interest and d iv id e n d paym ents is n ow available. W ednesday......... . 73 l,23fi
Thursday.............. 914,988
88,781,480
8,008,000
0,000
235,800
T h e n ew s w h ich accu m u la ted ov er the trip le h oliday was FrKUr................... 787,007 78,869,950
5,638,500
80,200
n o t regarded as a ltog eth er fa v ora b le, especially such as
.o t a l ............... 3.143,970 0801,820,500 *21,400,700
*9,000 0196,500
referred t o the p o litica l situ a tion a broad and the atti­
T h e sales on th e Boston and P h iladelp h ia -Exchanges w ere :
tu de o f the n atives in the P h ilip p in e Islands. T h ere have
— B oston.--------------- .
a
--------- - P h ila d elp h ia .— — .
been lib era l sales for fo re ig n a ccou n t, w h ich m a y have been
U nlisted
B ond
U nlisted
B on d
L isted
L isted
atim nlated b y the a b ov e, b ut are n o d o u b t d u e in part to the
sh ares.
sales.
shares,
sales,
shares.
sh ares.
preferen ce w h ich L on d on has f o r som e tim e sh ow n fo r pa rt­
H O L ID A Y ...
in g w ith A m e rica n securities instead o f gold .
$169,620
25,7- 9
52,058
$91,000
Tue#4Ay. .118,415
34,063
232/350
38*189
2 4,902
T h e open m a rk et rates fo r c a ll loans on th e S tock E xch a n g e W eda’ad’ y. 83,145
330,900
29,073
215.380
24,078
2*3,429
150,925
14,$83
d a rin g th e w eek on stock and bond colla tera ls have ranged Thurgday.. 51.729
16,775
225,382
26,687
40,000
25,000
Friday . . . . 47,000
fr o m 2 to 6 per cen t. T o d a y's rates on ca ll w ere 2% to 6
842,682
91,574
139,363
525 425
T o t a l.... 300.589 102.819
p e r cen t. P rim e co m m ercia l paper qu oted 3 to 3% per cent.
N E W Y O R K C fT Y C L E A R I S O HOU SE ST A T E M E N T .
R a ilr o a d a n d M is ce lla n e o u s S t o c k s .— The stock m arket
reflects a specu lative as w ell as an in vestm en t dem and fo r
1897.
Dijferen'sfr'm
1897.
1898.
shares, and has been irregu la r, a lth ou gh gen era lly firm
Jan . 2
Dec. 31.
fr e e . week.
Dec. 31.
n n til to-day, w hen the m arket w as w eak and prices gen­
erally declined.
T ran saction s averaged a bout
800,000
$
$
*
.................
j 58,522,700 60,772,700 shares per d a y, and w ere w ell distribu ted.
Capital................ 59,272*700
T h e irreg u la r­
rta rp in . .................
............... | 74,730,800 74.888.100 ity m en tion ed applies to th e ra ilw a y list in on ly a fe w cases.
75,767,900
Loans A dise'ni* 719.308.700 Ino. 6.095,600 607,781.600 491.375,900
34,300 15,507,200 19.600.100 P ittsb u rg C in cin n ati C h ica go & St. Louis adva n ced nearly 9
Oireulattou...... . 16,270.600 I noftet deposits....... 823.037.700 Ino. 8,095.900 675,064..00 530,785.000 poin ts on a steady dem and. M issouri K ansas & Texas
Specie................ 169,756,300 Ino- 790,600 104,730,700 76,342,800 preferred w as b id up 3 poin ts on ru m ors o f a closer
Legal tenders.... 55,184,100 Ino. 792,800, 79,824.100 89,040,900 con n ection w ith
C h ica go & A lton .
B rook ly n R a pid
Reserve held___ 224,940,400 Ino. 1,583.400 184.551.800 165,983,200 T ran sit was th e m ost a ctive stock on th e list, and
Legal reserve___ 205,759,425 Ino. 2.021,475 168,766.050 132,696,250
a dvan ced over 14 points on ru m ors o f progress w ith con so li­
Surplus reserve 19,180,975 Deo. 438,075 15,788,750! 33.286,950 dation plans, and at th e sam e tim e M anhattan E levated
T h e B ank o f E n gland w eekly statem en t on T h ursd ay gained 5 % points. B oth o f these stock s pa rticip ated in the
,
„ ,
sh ow ed an increase in b u llio n o f £1,002,982, and th e percentage d eclin e today.
Federal Steel h a« con tin u ed the a ctive featu re o f the m is­
o f reserve to lia b ilities w as 39*30, against 43*20 last w eek; the
d isco u n t rate rem ains u n ch a n g ed at 4 per cen t.
T h e B ank o f cellan eous list, and b ids fa ir to supplant A m erica n Sugar
F ra n ce show s a decrease o f 11,075,000 frames in g o ld and as the fa v o rite in specu lative circles. T h e advan ce in these
shares d u rin g the w eek, h ow ev er, is rela tively lim ited .
12,425,000 fra n cs in silver.

r
'HK CHRONICLE.— STOCK

30

PRICES (2

p g Page
a es)

I.

[Vol. LXVIII.

New York Stock Exchange-A Daily, Weekly and Yearly Record,
8T Q O K 8—H IQ H K 8 T

1 Y D I.O W S 8 T 8 A L B

d a y, 1 M o n a a y, j T u esda y,
J a n . 3.
J a n . -•
D te. •24

P R I0 B 8 .

W ednesday 1
Jan.
Jan 4.

STOCKS.

F r id a y ,
Ja n . 6.

5.

N. Y . S T O C K E X O H .

R a n g e f o r y e a r 1 89 8 . j Rangefo r previ­
Bales
o f the On basis o f ico -sh 're lots ous year ('1897>.
Week.
H igh est.
L o w est, h ig h e s t.
L ow est.
S hares

R a ilr o a d S to ck * .
170 Feb 1 77 *A p
§183 Jan 4 180 Feb
A lbauy A Susquehanna..
•2 0 0
.......•§
9 Jan.
200 ........ 200
417 11 Apr 21 15 Feb 8
•14* 1 5 * A nn A rbor............ ..........
14
4 0*F eb 7 2 2 * A p r 40 A u f
14* 14*
15H 15H
996 31 Jan 4
Do
pref39
SO
40
9 * A p r 17 Sep,
1 9*D ec 13
39)4 39)6
39* 89*
1 0*A
1 8* Ateh. Topeka & Santa Fe. 18,290 22*Mp r 21 5 2 * Dec 14 17 Apr 35*8ep
1 8 * 18*4 1 8 *
1 8* 19*
ar 12
64,257
1»H
Do
pref
5014 51* 50* 5 1 *
51'1
0 J’ly 21*Sep,
51
5 1 * 52
1,777 1 2 * Jan 25 7 2 * D e c 21
ait.&0.,tr.rec.ail Ins.pd
60
•07
$71
71 | 68
0816 00* 0754 5 3 * 51
3,520 31 Oct 10 5 S *D ec 21
Do new, when Issued
5 3 * 54*
5314 5 4 *
55
55
6,000 68 Oct 12 7 9 * Dec 21
Do pref., when Issued.
77
77
7 5 * 77
77
9 * D e c 27
7 7), 73
T;H
4 * N o v 10
4S0
9 * Balt. & O. Southw., p r e f..
9
9*
•9
0*
§9
9*
§105 Mar 9 1 06 *O ct 19
Bost. & N. Y. A ir L.. pref.
•106*
* 1 0 6 * ........ *100* .
24*S ep 28 2 8 * A u g 22
•30
31 Brooklyn Elevat., tr. rec..
•27
28
345,914 35 Mar 12 7 S *D ec 30
80
91H Brooklyn Rapid T ransit...
8 0 * 91*
79 a 87*
77* 79*
25 Mar 12 34 Sep 7
3 3 * •80
33H Buffalo Rooh. & Pittsburg.
•30
•30
34
500 62 May 6 7 6*S ep 7
Do
pref.
74
74
•74
75
•74
75
74
74
14 §65 Mar 10 §89 Deo 12
Bari. Cedar Rapids A N o ..
MOO
100
.......§
•91 ........ •05
200 72 Apr 21 90*J a n 20
anadian P a cific....,
8 5 * S 5* *85)6 80
80
80
•85
86
1,950 44*M ar 12 58 Dec 16
anada Southern....
54
54
54
54
5 4 * 55
54H 44)6
1,626 8 3 *O ct 17 99 Dec 80
Central o f New Jersey
9751 9751
97* 97*
97
98*
9 8 * 9 8*
O
16,470 11 Apr 23 4 4 * D e c H
41)6 43 Central Pacific.............
41
43*
4 2 * 43
X 4 3 * 44
11,501 17*M ar 26 2 0 * Dec 12
25
2 5 * Ch esapeake & Ohio. . . .
25W 25)6 3 4 * 2 5 *
25* 25*
2,595 §150 Mar 14 172 Dec 21
Chicago A A lton .........
170 170
170 170* 170 170
1 70 * 171
§180 Mar 24 §177*D ec 5
Do
pref.
♦175
175 ........ •175
30,895 85*M ar 26 1 25 *D ec 30
Burl. A
1 24 * 125* 1 2 4 * 1 2 5 * 1 2 4 * 1 2 5 * Chicago A Bast. Q uincy...
125 126
5,2 20 49 Apr 19 66 J ’ne 1
Chicago
Illinois...
61
61*
00
0 1 * 03
59-H 6156 00
742 102 Jan 7 1 13*F eb 1
Do
pref.
1 1 2 * 1 1 2 * 113 113 • 1 2 * 114 ♦112* 1 13 * Chicago Great W estern ... 25,080
9 * F e b 24 18 Aug 22
1 5 * 10
1 5 * 10
10
10*
1 0 * 1 6*
310 7 1 * J ’ly 15 85 Dec 27
Do 4 p.c. debentures.
8 3 * 8 3 * i s o * 8051 S 3 * 8 3 * • 81* 8 3 *
1,333 28 Mar 15 54 Dec 13
Do 5 p.c.oref. “ A ” ..
5 1* 51*
50* 51*
52
52
5 1 * 54
750 20 Apr 21 32 N ov 10
Do 4 p.c. pref. “ B
8 0* 31*
3 0* 80*
31* 31*
31H 3 1 *
7 Feb 24 11 J ’ly 27
600
7*
7*4 Chic. Indianap. A L ouisv..
8
8*
9
8
8
§0
106 23 Apr 16 3 8 * J ’ly 27
Do
pref.
131
81
§30
30
31
31
ISO
30
Chicago Mllw. & St. P aul.. 107,566 8 3 * A p r 21 1 20 *D ec 30
1 20 * 121* 1 2 0 * 1 2 1 * 1 2 0 * 1 2 1 *
1 2 0 *1 2 1
1,142 140 Apr 25 1 66 *D ec 13
Do
pref.
1 66 * 187
160* 1 66 * 1 06 * 100* 160* 167
2,920 113*M ar 12 1 4S *D ec 10
1 4 1 * 1 4 2 * Chicago A North Western.
142 142
142 1 4 2 * 1 4 1 * 142
163 Jan 3 1 91 *N ov 10
Do
pref.
& P a c .. 58,975 80 Mar 25 1 14 *D ec 28
1 1 3 * 1 1 4 * U 8 « 114)6 1 1 3 * 1 1 4 * 1 13 * 1 1 4 * Chicago Rock Isl. A Om...
1,810 65 Mar 12 94 Dec 16
92
92 Chic. St. P. Minn.
9 1 * 92
9 2 * 93
93
03*
§148 Jan 5 170 Nov 17
Do
pref.
•108 175 •108 175 •167 175 •167 175 Chic.Terminal Transfer..
9*M a r 3
“ 410
4 * Jan 3
8*
8*
m 7U
9
iSH
m
6,105 2 2 * Jan 3 3 7 * A u g 29
Do
pref.
37
38*
37*
3 6 * 3 7*
38H 3754 37
3,387 25 Mar 12 4 7 * A u g 16 2 1 * J ’ne 41*Sep
4 2 * 4 3 * Clev. Cin. Chic. A St. L —
43
43*
42H 43)6 4 3 * 4 3 *
245 77*M ar 9 97 Dec 19 03 J ’ne 8 6*8 ep
Do
pref.
90
90
95
95
445 l l * M a r 26 19*Jan 1 2
14)6 §1 4 * 1 4 * §1 5* 1 5 * Clev. Lorain A W heeling..
• 14 « 15)6 15
*49 * D e c
680 43 Nov 26 5 S *3ep 8 39 “ f
Do
pref.
4 3 * 44
4 4 * 44)6 4 4 * 4 4 * §44* 4 4 *
168*Sep
170 J ’ne 7 §174 Aug 8 101 1
Cleveland A Plttsb., guar.
•180
178
•172 .........
9 Dec 22
5 * J ’ne 23
2,441
Colorado Mid., vot. tr. ctfs.
8
8*
♦8
8
8H
3H
2,359 14 J’ne 23 2 0 * D e c 22
Do pref. vot. tr. ctfs.
20 *
•10
20
•19
20)6 ♦19
8*D ec 1
4,215
6 * N o v 20
8 )6 Col. & Sou. (when issued).
8*
8
7H
•«H
7)4
7)6
Do
1st pref. (w. i.). 12,270 4 3 * N o v 22 5 0 * D e c 27
54« 57)4
54*
51
4 9 * 50
4UH 5 1 *
Do
2d pref. (w. L). 15,874 1 4 *N ov 22 20 Dec 8
23
23*
20
24)4
1 0 * 20)4
1856 1 9 *
l
8
v
2)4 Col. nocking Val. A T o l... 6,070 12 * N o c 1 25 * F e b 10 14* A p r
8
4
2*
SH
4
m
Aug
Feb 9
2*D e
8
4,595
Do
pref.
10
12 *
11
14
14*
1 4 « 15
2,445 93 Nov 21 1 14 *F eb 3 9 9 * A p r 1
107H 107& D elaware A H ud son.. . . .
107f
1 00 * 107* 1 0 0 * 1 0 7 * 1
2,758 140 Oct 19 159 Feb 5 140*M ay 1
el. Lack. & W estern ...
157*160
158 159)6 158 159 X157J41S8S4
9*A pr
1,920 10 Apr 26 21*D«?c 28
IBM Denver & R io Grande.
1 9 * 1 9 * •19
20
20*
l « H 20H
5,490 40 Apr 21 7 1 * D e c 28 36 Apr
Do
pref.
69)4 70
“
7 0 * 71
7 0 * 70)6 ggK 7 0 *
7 Apr
8 * Apr 21 2 S * D e c 30
17,275
20 *
22
23*
20M 20)4 Des Moines A Ft. D od g e..
20)6 2154 20
3 Apr
S * D e c 27
2 * Aug 5
10
3*
•3
3)4 Dul. So. Shore A A tl.........
•2H
•3
53«
3)6
3H
5 Dec
8 * A u g 23
5 Apr
Do
pref.
8)4
• 7*
*7)4
8*
•7H
SH
•7H
1,277 11 Apr 21 1 6*F eb 4 l l * A p r
1SH 14)4 E rie..
14*
14H 14)6 §14
1 4 « 14»
8,004 2 0 * A p r 22 4 3 * F e b 11 27 Apr
Do
1st pref.
37* 37*
37* 37*
385,
38H S9H 37H
15*M ay
110 1 5 * A p r 22 2 1*F eb 11
Do
2d pref.
• 18 * 21
120* 2 0 *
19
19
May 9 4 1 * D e c 30 20 J ’ne
2,500
8 8 * 3 9 * Evansv. A Terre Haute ..
40
39
4 0 * 41H
39)4 40
36 40 Jan 18 7 2 * D e c 29 28 Aug
Do
pref.
•70
72*
♦70
§70
70
♦71
72*
73)6
7 J’ ne
200 10 Mar 12 1 8 * N o v 28
int & Pere Marquette..
• 10* 18
18
•16
17
17
49 Nov 22 30 Mar
501 30 Aug
pref.
♦44
45 F Do
45
4 3 * 45
44)6 4451 *43
7 * J ’ly
321 §15 Nov 18 28 Mar 5
§24
24 Ft. W. & Den. C., stamped.
25
25
•24
25
24)6 24),
12 Nov
10 May 19 1 7 * D e c 13
•15
20 Ft, Worth A Rio G rande..
20
•15
•14
20
•14
20
9,011 +122 J’ly ' 180 J ’ne 30 120 Jan 1
reat Northern, p re f. . . .
142*144*
1 4 4 *1 4 5
145 140)6 1 4 4 *1 4 5
3 2 * Feb 24 2 7 * A p r
§30 Jan
reen Bay A W estern ...
♦35 ____ ♦35
•35 ........
4 0 * J ’ ne 23 5 0 * N o v 20 50 Dec
Do debt certfs. “ A ” .
49* 49*
3*D ec
7*D ec 8
3 * J ’ ly 9
Do debt certfs. “ B ” .
91)6Apr 1
1 15*D
98 Apr
Central.................
114 115
115 11C* 1 1 4 *1 1 5
i llinois leased line, 4 p. c. 7,249 §94 Feb 21 §101 Nec 13 88 Jan
ov 10
18
2
Do
•100
MOO ........ 100 100
0 Apr
7 *M a r 18 l l * D e o 27
2,050
Iowa Central.
10 *
11
11
10)6 1 1 «
6,499 25 Apr 28 4 2 * D e c 27 23 J ’ne
Do
pref.
4 3 * 1^*
4SM 44
4 J ’ne
8 Dec 30
5 * 0 ct 11
anawha A M ichigan..
4i
•7 *
:
8*
*75?
an. ....................
a City Pitts. A G u”lf.. 12,075 15 Apr 20 2 5 * D e c 1 1 7*D ec
it*
16
10*
1 5* 1056
2 Feb
3 Jan 27
5 * J’ne 11
Keokuk A Des Moines... .
•5
•5
*4«
5H
5H
400 15 May 12 1 8 * J ’ne 14 12 Mar
Do
pref
♦17
ii*
17
17^ •17
17)6
30 J’ ne 2 34 Jan 31 32 Feb
♦29* 32 Keokuk A Western..........
•29* 32
'39)6 32
1 Aug
2 May 19
5 Nov 17
4 Ktngston A Pem broke;..
♦2
4
•........
4 •
2,818 12 Oct 10 2 3 * A u g 22 13 May
1 9 * 20 T ake Brie A W e stern ...
21
21fc
19)6 21
4,020 53 Oct 10 83 Aug 19 5 8 * A p r
pref
7 4 * Aj Do
73
74H 7 4 «
74H 74)6
300 1 7 0 * Jan 4 215 Dec 14 152 Jan J
2 0 0 200 Lake Sh. A Mich. South..
3,050 40 Jan 20 5 9 * A u g 10 38 Dec
5 7 * Long Island.......................
56]
57
57*
57
57)6
6 4 * Louisville & N ashville.... 49,047 44 Apr 21 0 5 * D e c 13 4 0 * A p r
04
64
04*
04)6 05
100* 1 0 2 * T\/TanhattanBUev.,consol. 129,318 90 Oct 3 120*Jan 14 81*M ay 1
97
9 7 * 98)
»8«
6,284 125*M ar 20 194*D eo 12
191 1021, 101 192
101 192 1'A-etropolitan S treet.,,.
4 * J ’ne 15
7 * D e c 13
•0
•8
OH
•o
o * Mexican C entral. . . . . . . . .
«H
l* M a y 2
*D ec 7
200
•1
1
1* Mexican Nat’l ,tr. rects..
1H
99*M ar 12 118 Dec 15
Michigan Central...............
2,890 24 Mar 11 8 8 * D e c 27
8 5 * 30 Minneapolis A St. Louis...
36*
3 8 « 3 OH 30H 3 0 *
7 84 May 14 100 Dec 22
Do
1st pref
•96H 97) S97* 9754
•96
97*
Do
2d pref.
515 46 Mar 28 7 8 * D e c 27
74
•73
75
7 6 * 76* •74
75H
7 Mar 11
0*M ar 11
Minn. St, P. A S. 8. Marie.
7,945 10 Apr 13 14*Jan 26
14*
1 4 * 14* Mo. Kansas A Texas ...
14
14H
14H 1451 14
Do
pref. 50,330 28*M ar 12 41 Jan 28
3 7 * 39^
30
8 9 * 40*
39)6 3 8 * 4 0 *
87,252 22 Mar 12 4 0 * D e c 14
4 4 * 40
4 4 * 4 5 * Missouri Pacific..........
44H 45
44
45*
7,100 24 Nov 3 3 2*F eb 7
3 4 * 39 Mobile & O h io .............
32
32
82
32)6 3 2 * 34
372 §167*Jan 4 $180 Dee 5
170 170fc §170 177)6 177 177 •176* 178 Morris A Essex................
60 J’ne 1 S7 2 * N o v 21
\Task. Chat. A St. Louis..
0,194 105 Mar 20 1 2 4 * D e c 16
121* 123
192)4 12254 1 2 1 * 1 2 3 * 121*122* Lv Y. Central A Hudson..
230 l l * M a r 14 1 5 * Jan 31
14
§14
14 N. Y. Chicago A St. Louis.
I14H 14H
14)6 14)6 14
30 73 Feb 19 76 Jan 31
§71* 71H I72H 72)6 •73
•73
70
Do
1st pref.
70
300 28 Mar 25 4 0 * Jan 29
85
35
•34
•31
35*
37
34
34
Do
2d pref
§320 Jan 5 §352 Oot 14
New York & H a rle m ......
§120 Apr 20 §128 Nov 11
... N Y. Lack. A W e ste rn ...,
§199* 190ii 1190 200
300 §178*Jan 7 201 Deo 13
1 9 9 * 1 09 * §199* 1 99 * N. Y. New Haven A Hart.
1 8 * 19
91,303 1 3 * A p r 25 1 9 * D e o 30
1 9 * 2 0 * N. Y. Ontario & Western,
13)6 19)4 1 9 * 2 0 *
60 Nov 26 05 Jan 28
•04 ........ Norfolk A Southern..........
9 Apr
1 8 * 18Ti •18
737 l l * A p r 21 19*D eo 30
1 7 * 1 7 * N orfolk* W e ste rn .......
18*
18)6
6 2 * 04
0 2 * OSH 02 * 03
01* 03*
Do
pref. 10,503 4 2 * Mar 12 0 3 * D e c 28 22*M ay
24,179 19 Feb 24 4 4 * D e c 28 11 Apr
43
43
43
43
4 8 * Nor. Pac. Ry., vot. tr. ctfs.
43H 4 4 )
4 3)6
32*J a n
77)6 7 7 *
17,0021 5B*Mar 121 7 9*8 ep
7 6 * 77
Do
or«f
77
77
7 7 * 78Vi

B

C

I*

zi
9
•
<

ft
>

a

W

n

o
>
•
<

o
>

S
3

G

K

II*

• These ere bid end esked prices; no seles on this day.

OUTSIDE SECURITIES

(G

iv e n

at

§ Less than 100 shares.
foo t

t Ex div and rights.

of 1 c o n s e c u t iv e

p a g e s ) .—

* Before payment o f assmt.

STREET RAILW AYS, < c
&.

Bid. Ask.
S t r e e t K a t lw fiy n .
Bid. Ask. 1 s t r e e t R a i l w a y * .
ChrlHt’ p’r A 10th St-Stock 170
Ninth Avenue—Stock---3 3 * 37
Col A 0th Ave 5 b- S « Stock Kxcb l lot.
Second Avenue—S tock ... 187 192
102* 105
Dry D B B A Bat—S tock .. 105
1+5
lat mort 5 b 1909. .MAN. $108*
228
111*
$104 100
Scrip 5s 1 9 1 5 ....’..F A A 1 01 * 105
Sixth Avenue—Stock....... 200 ' 225
Eighth Avenue—S tock... 348 355
Sou Boulev 5s 1945..JAJ 112 l i a *
$111* 114
114
Scrip 0 b 1914................. 108
115 117
4 2d A Gr St F er-S took ... 300
Third Avenue—See Stock E xch 1 ist.
$104 HIGH 42d St Man A St N A v e .. 75
$112 114
80
255 200
let m ort Ob 1 91 0 ..MAS 115)6 117* Twenty-Third St—Stock. 385 420
$118
2d income 0a 1915.JAJ
103 100
9 'H 90
Osn Pk N A E R iv-B tock 180 183
Lex AvA Fav F 5r- S « Stk Bxcli 1 iBt.
: TTnion Railway—S tock... 175 200
ro r »n l7 s ie n «
J*r» e m u 1 ia i U | > tm p r> lt5 {Iff Qln/>V
1 T Goti R t 1"*
tt
V+ A m f ••7

H t r f f t R n llw n y ii.
NEW YORK CITY.
Bleeck Bt A Ful F—Stock.
lstm o rt 7s 1 90 0 ...JAJ
B’ way A 7tb Ave—Stock.
1st mort 5 b 1904...JAI>
8d mort 5s 1 91 4 ....JAJ
Con 5s 1948—St* 8tock
B’ wbt Burf 1st 5s gu . 1924
2d 5s
as rental
Csntral Crosstnwn—Stock

Bid.

Ask.

T 2d iustal. pd.

Bid. Ask.
S tr e e t R a ilw a y s .
112*
WeBtchest 1 st 5 s ’ 43.. JAJ $111
BROOKLYN.
Atlan. Ave., 1st 5s..A AO
Con 5s g 1 9 8 1 .......A&O
Impt 5s g 1934.......J&J
B. B. AW.E. 5s 1938. A&O
Brooklyn City—S tock ... .
Consol 5s 1941.......JAJ
Bk]ynCrosstn5sl908.JAJ
Brooklyn Elevated (new)
P ref (n e w ).....................

$107
$110
95
90
245
116M
105
30*
01

iii
248
117}..
*32
62

T ff R

J a n . 7, 1899.1

C H R C

N I C L E .—STOCK PRICES (2 p a g e s ) P a g e &
i Sales Range for year 1898.
R ange jo rp re I o f the On basis o f loo-sh’re lots m o u s y e a r (1897),
Week.
N. Y . S T O C K E XCEL Shares
L ow est.
H ighest.
L ow est. Highest,

8 T O O K 3 -H I G K B S T A N D LOWJS8T S A L S P R IO R S .

Saturday,
D e c . 31

M on d a y,
J a n . 2.

Tuesday, j Wednesday [Thursday,
Jan. 3

•50
*71
43
*45%
•83
•62

j

53
74
43
47
87
64

J a n . 4.

•50
*71
42%
*46%
•S3
•82

|, J a n , 5.

STOCKS.

F r id a y ,

Jan.

6.

53
74 i 71
42%
42
47
US
86 j 35
65 J 64

Q r ^ R .& N .C o . vot.tr. cfs
10 35%Jan 7 81%Aug 22 10 Apr 41 Sep
Do pref., vot. tr. ctfs.
230 85%Mar 29 78 Nov 11 37% Jan
Oregon Short L in e .. . . . . . .
804
19% Jan 3 43 Dec 30 17% J’ly S8%Ang
acific Coast Co...............
605
34%J’ne 27 48%Sep 21
Do 1st p r e f .. ,..........
2S2 79 Dec 5 91 J ’ne 28
Do 2d p re f...........
560
57 N ov 28 89 Sen 17
122% 122% 122% 132* 122% 122%
Pennsylvania....................
4 , 4 0 0 110%Mar 12 123%Dec 30 10 3%Jan 119 gep
•3
5
*3%
5
*3V6
5
Peoria A Eastern...............
3%Oct 18
5%Feb 11
5 Apr
8%Aug
64
65%
63% 63%
69 ' 72%
Pittsb. Cin. Chic. & St. L . . 58,178 3 8% Jan 5 83%Dee 30 ll% M a r
84
85
85 $ 6 % 85% 8~
3,297 57 Mar 23 84% Dee 27 44%J’ne 70%Oct
Do
pref.
.........! *178
.. .
175 .........*175
Pitts, Ft. W. & Ch., gu ar..
§16S Feb 25 §17H%Dec2? 150 May 172%Ang
•10
12
-9% 10%
*9% 10%
Pittab- & W est,, pref. . . . .
*200
5% J’ne 11 12%Dec 21
4% Aug 12 Sep
23
34
2 Z34 23%
21% 22%
T> eading, voting tr. c t f s .. 30,610 15%Mar 25 23% Jan 6 16% Apr 29%Sep
53% 55%; 53% 35
53% 53%
JLv 1st pref., vot. tr ctfs. 01,004 S6 Mar 12 u4%Dec 30 38%Apr 57%sep
27% 30 28%
29% 27%
23%
2d pref., voting tr c tfs .. 41,602 lT&Oot 17 29 Jan 6 22%Apr 35%S®p
.....................
25% 25% 26
26
2,053 22 May 11 32 Aug 23 14% J’ne 25%Sep
Rio Grande & W estern—
06
06 ; 06% 00% 03% 68%
882 50%Mar 15 69%Aug 27 25 May 61%Dee
Do
pref.
*128 .........1128% 128% ♦128 . . . .
16 §116%Mar20 128%Dec 27 110 Mar 122%Deo
Rome Watertown Jt O gd..
5
5
5
5
*5%
0
820
J.
5%Dec 20
S%Feb 11
3%J’ne
9%Sep
S t.Do & G-. Isl. vot.tr. cts. 1,070 45 Feb 24 63 J ’ne 11 37%J’ne 54%Ded
•50% 51% 50%
50% 51
52
1st pref.
•13% 15 13%
13% 14
14
330 13 Dec 19 23%J’n e l l
Do
2d pref.
10% J’ly 20%Sep
88 9
! 8% 8%
8% #
3.036
St. L. & S. F t., vot. tr. ctfs.
6 Mar 26
9%Nov 29
4 Apr
9 Aug
07
67
*07
07% *60% 67200 5 2% Mar 12 69%Dec 13 37 Jan 59% bee
Do
1st pref.
33% 34 33%
33% 33%
33%
1,987 22%Feb 24 35 Nov 28 12 Apr 87%De<
Do
2d pref
*7
7%;
6% 6%
7%
7%
4,800
St. Louis Southwestern...
384Jan 24
7%Dec 27
7 Aug
1 Apr
17
17% 17
17% 17%
19%
Do
pref. 28,47!
7% Mar 12 18 Dec 22
8%Apr !4%Sep
38% 39% 38
88 i 36
38%
1,825 IS jJ j’ly 6 38%Dec 27 20 Jan 30 Sep
St. Paul & Duluth.............
99%
99% 99%
99% 90%
99
1,278 78 Apr 20 100 Dec 28 72%J’ly 87%Oet
Do
pref.
178 .. ._ ] * 1 3 0
. . . . "1*180 . . . . . .
St, Paul Minn. & Man
123%Jan 12 175 Nov 11 114 Jan 125 Aug
St
34% 33%
34% 33%
33%
13,200 12 Apr 13 35 Dec 21 13% Jan 2S%Sep
33% 34% Southern Pacific C o..
io%
io% ; 10 % io% , 10 %
10 %
5.037
10% 10% Southern, voting tr. c t f s ..
7 Apr 21 10% Dec 14
7 Apr 12%Sep
4 1% 42%; 40% 41% 40?* 41%
41
42
Do pref., vot, tr. ctfs. 18,033 23%Mar 20 4 3% Dec 13 2 2% Apr 38%Sep
19
19% 18%
19
17%
18%
17% 18% rP exa« & P a c ific ............ 15,840
8%Mar 12 20%Dec 28
8 Apr 15 Aug
167 170
168% 108% *167 170 1170 170
207 145 Oct 13 19 4% Feb 16 146 May 173 Dee
A bird Avenue (N. Y .) ....
•20 So
*80
30
•20
30
*30
30 Toledo & Ohio Central... .
. . . . . . i 12 Aug 26 25 Sep 21 20 Sep 20%Oot
•30
40 ; •30
40 | *35
40
•35
40
Do
pref.
35 Aug 24 48 Oct 19
38
38
38% 39%; 39
41
8,6*9*7 16%Jan 12 30%Dec. 14
39% 41% Twin City Rapid T ransit..
9%Dec l4% D ee
42% 43|V 42% 43%
42
43
42% 42%
...........
16%Mar 25 44%Dec 22
U nion Pacific Ry .. pref. 46,250 45%Mar 12 74%Dec 27
73%
73% 73%
72% 73%
73
7<%
49,550
Do
'
12% 12%
U % 12%
13% 14% Un.P.D. A G . tr. rec.2d pd. 17,i30
12% 13%
%Oct 24 13%N ov 28
1 Apr ll% S ep
8
8
17% 8
0
8
1,154
W *baah.
7%
854
6%Mar 25
9% Aug 81
9%Sep
4%Mar
22% 23
22% 24
32% «3%
23% 23%
Do
pref. 15,503 14%Mar 7 24%Aug 31 11% Apr 24%Sep
West Chicago S tr e e t......
87%Apr 25 102% Jan 8 100%Nov 112 Aug
5%
a ;
58,441
7% 8 Wheel.AL.EL,4th aBs’ t pd
% J’ly 22
7%
0%Jan
6% Dec 15
Vi\
%J’ne
7% 28
27% 29%
28% 80%
7,225
29
29%
Do
pref. 4th do
“ J’ ly " 30%Dec 12
2% Apr 29 Jan
«%
2%
*2%
3%
*3%
400
*2% 2%
%Jan
2%
2 % Wiscon. Cent., vot. tr.ctfs.
4%Aug
3% Jan 17
2%
1 J’ne
.T l i f i c c i i a ii ’ ci S t o c k * .
1108 109 *108% 109%{H08 110 *103 109
78 *97%Apr 29 5180 Feb 10 147%Feb 105 Oct
dam# E xp ress,.. .........
35% 33%
34% 35%
3 4% 34%
3,418 15%Mar 25 39%Aug 36
naerto&n Cotton O il... .
34% 34%
9%May 28%Sep
031 60 Mar 14 90%Aug 22 52%Feb 80%Sep
8ft
09% 89% 89
89 j 88% 88% *89
Do
pref.
1 ,1 0 0 22 May 13 33%Dec 17 21%Dec 27 J ’ly
33
34
135 35%
35
35
86
36 American District T e l . . . .
219 *110 Jan 5 5153 Nov 9 10 9% Jan 1 1 9 % N o t
SI <4 145 *145 145 *143 145 *144% 144% American Express.............
4,440 24 J ’ly 8 38 Aug 10
33
84
33
33
32
82%
31% 8 t g American M a ltin g..........
4,528 70%J’ly 5 88 Dec 28
86% 86%; 85% 80% xS 4
8 4% 82% 84%
Do
pref.
13% 15
14
15
13% 14%
13% 14 American Spirits M fg....... 20,565
8%Jan 20 15%J’ne 9
6% N°v 15%Ang
5,220 10 Mar 26 41%Aug 25 15 Dec 36 Aug
38
40
38
39%
38% 38^
88% 38%
Do
pref.
44
49
44% 45%
43
471. 43% 46 American Steel A W ire ... 30.820 25%Sep 14 50 Dec 27
104 120 r lit % 1 1 3 % 106% 112% 110 112
Do
pref. 17,062 82 8 ep 14 118 Dec SO
124
126 123% 126% 124% 128% 124% 127% American Sugar Refining. 129,700 107%Mar 26 146%Aug 26 109%Mar 159%Sep
815 103 Mar 25 116 Jan 6 100%Jan 121%Sep
111% 111% 112
112 112% 112% 112 112 %
Do
pref.
309 SS8 Mar 29 §98%Dec 12 85%Jan 94 J’ne
American Teleg. A Cable..
.................... *98
99
100
100
143
143% 143% 148% 146% 149% 147% 1*4*9% American T ob a cco............ 116,370 8 3% Jan 24 153% Sep 19 67%Feb 9 6% Aug
1,090 112%Mar 11 135%Aug 20 100 Feb 115 Aug
.................,.| 18-2 132% 134 135
135 135
Do
pref.
72 ~8 Mar 14 101 Sep 19
98% 97
90% 90% *90
87
Do
dividend scrip.
95
95
2% Mar 21
9 % D o 27
ay State Gas.................. 105,735
7% 8%
7
7%
0%
7
3%Oct 16% Aug
0%
6%
7,950 106 Mar 26 140%DoC 27 85 Jan 137 Sep
138 139% 139% 14! % 142% 147
143% 145
rooklyn C olon Gas.......
7,501
14
14% 14%
15
14% 14%
7%Oct
14% 15 Brunsw. Dock A C. Impvt.
14 J ’ne 0
31% 33
31% 33%
32% 33%
33% 36
lolorado B'uel A Iro n ... . 20,045 17 Mar 1' 32%Dec 27 15% J’ne 2?%Sep
701 75 Aug 19 * 90 Dec 28 70 Nov 85 May
•85
90
............. .
88
90 ( t D o _
pret.
500
7%Aug
9%Dec 27
3%J’ne
8% H%,
9
ft *8% e%
4%J ’ly 25
8H Col. A Hock. Coal A Iron
9,862 164 Oct 3 205%J’ ne 9 136% Jan. 241%Sep
195 196% 194% 191%
193% 194% 193 194% Consolidated Gas (N. Y .)..
1,910 27%Mar 25 53 Sep 2 28 Nov, 41% J’ ly
4*% 4 7% 48%
47
45
45
46% 46% Consolidated Ice ,...............
83% Apr 28 94 Dec 1 80 J’ne 90%J’ly
•99% 04%;
*08%
95 *92 95 93%
■
*92
Do
pref.
•50 ........., *50
....... 1 *50 .......
40 May 17 48 Oct 25 35 Feb 37%May
•50 ......... Consolidation C o a l...........
600 45 Apr 20 07 Sep 16 20 Jan. 60 Nov
•00
03 03
05%! 65% 65%
Detroit G a s . . . , , , . . , , , . . . . .
192 192% Edison Elect. III. (N. Y .).,
191% 193
190 192 I*.........191
616 110 Apr 8 195 D ec 29 101% Jan. 182%Sep
53%' 55 i 53%
55%l 53% 5 4%
52% 54% O cd era l Steel (when las.) 321,430 29 Oct 17 53 Dec 30
92,502 09% Oct 19 85%Dee 27
pref.
do
84% 35% j 84%
85% 81% 85%
80% 85 A Do
95% 90 } 93% 95% i 90% 100% *98% 98%.General E lectric.... . . . . . 12,478 76 Sec 15 9 7 Deo 28
3,025 06% Dee 16 72%Dec 27
69
71 69
09% 08% 69%
89
89%'GlacoHo Sugar R efining...
109 109
109 109 I 109 109 •108% 1 10f
811 107% Dec 16 109%Dec 27
Do
pref.
57% 57% *57% 00
*57
59
2 2 0 15%Apr 22 01 Nov 10
6 ‘ H 57%: Hawaiian Com. a S ugar...
600 *87%J'ne 20 96%Dec 30 81%J’ly 101%Oct
97
97% 97%
97% 97% 97%
97% 99%| IL B, Claflln Co......... .......
63% 64%; 03%
64% 03% 64%
83% 64%' 1 ntematlonal Paper....... 13,042 48 Sep 14 07 Dec 28
Ot
94 94%
94% 94% 95
3,085 85 Sep 27 95 Dec 30
94% 94%|L Do
Dref
55
57% 56%
50% 54
57
56% 66% Knickerbocker Ice (Chtc.)j 4,208 51%Dec 29 57 Dec 30
044 81 Dec 29 82%Dec 30
81
81
83
93 ' IS l
8t
80% 82
Do
pref.
52
52
52% 53 52
52%
52
52%
2,150 37%Mar 25 54%Aug 9 22 May 49%4 og
aclede Gas (8L Louis)
25 80 Alar 12 96%Aug 8 70%Mar 96 Aug
98
198
•95 97
*90
98
196
96
Do
prof.
•47
45 Mar 28 54 Dec 9 40 J’ly 52 Deo
55 Maryland Coal, pref,
•47 55
*47
55
*47
55
51% J^ational Biscuit.
7,913 30%Aug 1 52%Dec 22
51
51
52% 50%
52
50
51
335 94%Aug 1 106 Dec 20
*103 105
105% 105% •.........105
. . . . . 104%
pref
4,735 20%Mar 26 39%Aug 23 21%Feb
37% 38% National Lead.......
37% 98%
38
38
38
38%
591 99 Apr 22 ll4 % D eo 13 88%Feb
•114 115 114% 114% 1114 114 *113% I U
*
Do
p re f.
250
2%Sep 17 2l% M ay 23 10 May
•8% 9% National Linseed Oil.........
8%
8%
8%
**
9
9
9
•5
3 May
3% Nov 14
9 Feb 10
5% National Starch. . . . . . . . . . .
•6
5% *5
5%
*5
5%
5%
60 Mar 25 80 Jan 18 51%Mar
•50
70
70
•56
•56
76
70
*
Do
1st pref.
•50
8%Apr
12%Oct 31 30 Jan 27
•15
30
•15
•15
30
- S.>
3d pref.
30
•15
30
•40
100 40 Oct 18 43 Sep 13
•40
42 New Cent.Coal ( new stock)
40
43
42
•40
40
22
7,767 14 Apr 5 120 Sep 19 * * Deo
115 121 N. Y. Air Brake..................
115 n o j 113 115
112
114
3%Apr
4%,Jan 15
7%Dee 2
2,300
7
7
7%
m
7 North American C o...........
%k 7%
8%Nov
8%Jan 4
•5
7 Ontario Silver...
*0
V*\ *0
6%Dee i
7
44% 40
24, H 0 2 1 Apr 21 46 Dec 27 24 Jan.
45
acific M a ll,...
45%
43% 45
43% 45
109% 110% 109% 110%[ 110% 113% 11 i % U 3% P eopTsGas-L. AC. ( Ohio.) 184,617 8 6 % Mar 20 112 Nov 22 91 Nov
9,285 x l3 2 Nov 3 210 J ’ly 5 152 Jan.
103% 104% 101 104
10’
159% 163
10 i Pullman's Palace Cor. . . . .
l% J ’ne
3 Dec 14
•2
8
l%Sep 30
*2
2%
*2
2%
uicksilver Mining.........
Iti
2%
8 Apr
5 J ’ ne 2 ll% D e c 28
*8
10 %
•9
11
*9
10% Q Do
*9
11
pref,
22
22% *21% 22% tandard DIgttl.&Dlsbrib. 3,478 19%Dec 16 23%Nov 18
21
32
21% 32
3,200 06%Nov 1 75 Nov 18
74
75%
74% 75*1 75% 75%
73% 73%
Do
pref.
2%Dec 11% Jan
3% Jan 3 10%Aug 20
8%
8%
9%
9
9%, Standard Rope A Twine . . 10,044
«% 9%'
W
r
t
35% 37% rPenn. Coal Iron A R K . . . 21,905 17 Mar 12 38%Dec 27 17 May
s f%
37%
3 '6% 37%
36% 38
120 *80 Aug 17 105 Dec 22 65 Apr 80 J’ly
. A Do
pref.
111
111
*100 ' 115
9 Aug
0 Apr
5,7 SO 5 May 27 12%Dec 30
12% 12%
13% 13% Texas Pacific Land Trust..
13%
13%
12%
181,
725 38 Apr 14 5 58%Dec 5 87 Feb 48 JTy
155
55
r Tailed States Express ..
*55
55
53% 55
155
50
6%May 10 %Aug
8%May 24
9,040
5%Apr 25
«%
7% U nlted States Leather ..
7%
7%
7% 7%
7%
7%
35,115 53% Mar 26 75%Dee 27 50 Apr 72 Sep
71
72%
72% 73%f 71% 72%
71% 72%
Do
pref.
43% 48 United States Rubber....... 18,300 14% Mar 12 48%Aug 17 10 J’ ne 25%Jan
43% 44%( 43% 44%
42% 43%
4,250 60 Mar 12 113%Dec 12 50 J’ly TU^vtrr:
111% 114V
Do
pref.
lit
t i l 111% 112% 111% 112%
50 *112% May 5 5131%Dec 8 97 Jan. 20 Dee
>127 130
*129% 129% ....................*125
131
YXT ells, Fargo A Co
,
90%Sep
93% 95 1 93% 94% 93% 94%
9 1% 96% * * estem Onion Teleg’ h. 03,907 82% Mar 26 95% Aug 17 75%May

73 s©
% p

P

.

A

0

>

B

L

S

Bid and asked prices ; no sales on this day.

H t r t fl R a ilw a y * .
B id .
B 'k y n y n s C o .lk S u b . 1st 5 s, l i i o
C on sol 5s g u a r . . . . . . . . . .
B k ly n R a p . T r a n .— 8 m St© c k E *.
OaJ.Cem G r .A B k y n l s t
IU «
C o n e y I sla n d A B r o o k ly n . 3 7 0
1st 5 s 1 9 0 4 ................ J& J
1 03
5# ce rt-fs IndbtlO lO J^ Juf 101
B k C & N e w 5 * ’ 3 9 .J
§1 14
G r .8 t.A N e w ls t 5 s ’ O 0A A O 1 04
G 'p ’ t * Lttrtaawr 8 t- 1 s t 6*. 1 0 8
K in g * C o . K ie v at— -S t o c k
B o n d s — 8 m gfcoek B xflh- L is t .

A sk.
118
100
L ist
ii av
280
105
103
117
106

I Less than 100 Bhares.

S t r e e t R a i l w a y a.
:

5s 1944.................. A&G
4 s ........... ....................

Stein wav 1st.0B1928„T&J
OTHER CITIES,
i Balt Consul—Stock—S'.c
|Bridgep T r- 1st 5s ’ 23.JAfi
i Buffalo Street Ry—Stock.
1st consol 6s 1981.F&A
0
j CrOMtown 5s 1982M&N
........... I Chicago City RR—Stock.

.....

t Ex dlv. o f 100 p. o. la bonds.

Bid. Aak.
?)
104 ioa *‘
90
103 100
H IM 116
Balt L
§103
76%
110
U1W
292

1st
■>»Vi

117
i i» d
300

S treet

I Lowest is ex div.

R a t Iw a v e .

Cleveland City R y . . . .. .
Clerel Cah-lat 5a ’ 0 9 .$&
Cleveland Electric R y ..
Con 5b 1913..........M&S
Columbus (Ohio)—Stock
Con 5b 1982—See Pbiia
CroBst’ wn-lBt 5b—See P
Consol Traet’n (N J )—See
Lake 8t (Chio) Kiev-Stock
deb 5a 1928..........J&J
Loulsv Sfc Ry—5 p c bonds
Common................

Bid. A sk.
Phila list.
83%
5105^ 106
82
82«
n o m 106
63 H 05
List.
hlla L 1st.
Phlla list.
13*
13
§ ....... 85
§116 117
42
40M ■

tUasfcamped*

ITlst asst. paid.

Bid.
S t r e e t R a i l w a y a.
. ouiav St Ry—Preferred.. 103
I ynn&BoB-lst5s’ 24.J&D §107%
Metrop W est Side (Chic).
lat 5b 1942. . ........ F&A
Minneap St Ry-5s ’ 19.J&J §100
New Orleans Tr—C om ..
m
12%
P referred....................
Notes 6s 1904 ....M & N
221
North Chicago—Stock...,
1st 5s 1906-16....... J&J §104%
No Shore Tr (BOBt)-Com.
80
Preferred.......................
5 Buyer pays accrued Inter#

824
tl
82
6t.

TH E

32

C H R O N IC L E .— b o n d
< »
*

W eek't
R ange or 1 2
L en t Bale. | 8

P ric e
F rid a y ,
J a n , 6.

BONDS
i . r j m w i EXCHANGE
WftKK E n d in g J a n . 6.

p r ic e s

(5 pages)

BONDS,

R a nge
T ea r
1898.

rvoL. u v u i,
Price
Friday,
Jan. 6.

N.Y. STOCK EXCHANGE

Week’s
Range or
Last Bale.

R ang*

Year

1 8 98.

W e e k E n d in g J a n . 6.

L ow . S ig h
Bid. Ask Low. High.
111 118
B id, A ik . Low. H igk. N o. Low . H igh C A O -(C on)—1st con g 5s ’ 39 M -N 1 1 7 * Sale 1 1 7 * 118
1 1 0 * D e c ’ 98
113 1 1 0 *
Registered.....................1980 M-N
kron A Ohio J no. See BAO.
90*
91
A l»b*m* Cent. See Boa Hr.
183 7 3 * 91
9 0 * Sale
Gen gold 4 * s . , .............1992 M -S
91 N ot’ 98 . . . . 91
98*
0 5 * 100
ALabaroa Mid t it gu g .. .1W 8 M -N
R e g is te r e d ........ -.109® M -S
99 1 07ft
105
lo
, 108 105
Albany A 8u*q. Sm O * H*
R A A Dlv 1st con g 4S.1989 J - J
90
97
07 D ec *98
Allegheny Val, Sm Penn Co.
2 d o o n g 4 b ................1989 J - J
0 5 * May’ 98
95
99*
Am Dock A 1. See Ccn o f N J.
Craig Valley 1st g 5 s.. 1940 J - J
00*
38
8 9 * 23 SI
89 Sale
M -S
Ann A rbor 1st g 4a...... .1905
Warm Spr Val 1st g 5s.1941
9 9 * 1 0 0 * 1 127 85 100
1 0 0 * Sale
9 7 * 104
Atcfa T A 8 Po geu g 4a . 1905
E11* L e x A B S gu g Ss,1902 M -S 1 0 2 * 1 08 * 103 D ec ’98
3 9 * Mar 98
89ft 89ft
109* 113*
M -N ...... no* 1 1 0 * D ec ’98
Reglatered................ 1095 A -O
73
7 9 * 077 54ft 7 0 * Ohio A A lton sink fd 6s. l»0 8 F -A 1 0 7 * Sale 1 0 7 * 1 0 7 *
107 111
Adjustm entg 4 * ......1 9 0 8 Novf 7 8 « Sale
Lou, A Mo R lv 1st 7a..1900
107 J’ly ’98
107 107
Registered------------- }W 5 N ort
2d ................................1900 M -N
Equip tr Bor A g 5 # ..,. 1902 J - J
MIsb Riv B 1st fif g 0s..1912 A -O
Ottlc A 8t Louis 1st 08.1915 H I-8
Ohio Burl A Nor. See C B A Q. „ _
113* U g *
114?4 Sale 1 1 4 * 114V
Atl Av Bklyn Imp g 5*.. 1934 J - J
A Q—Con 7a..1903
9 9 * 102 1 0 2 * D e c’ 98 : : :: 95** 1 02 * Chlo Burl fund 5a.......... ,1901 J - J
101ft 107
1 0 1 * N ov’ 98
Allan A Danv lat g 5 a.. 1950 J - J
Sinking
A -O
1 0 4 * 111
Atlanta A Char. See Son Hy.
Debenture 5s. . . . . . . . . . 1913 M -N 1 1 1 * Sale 1 11 * H I *
1 0 4 * 126
Austin A N W. See Bo. Pac.
Convertible 5s. . . . . . . . . 1903 M- 9 1 2 5 * Sale 1 25 * 1 2 0 *
1 09 * 1 1 1 *
113 ....... 1 1 1 * Dec ’98
O a t Creek AS. Bra Mich Cen
Iowa Dlv sink fd 5 s ... 1919 A - O
112 OoU’ 98
100 118*
98 1 0 5 *
. . . . 10 4 * D e c ’ 98
D & n A O 1st 0 i Pkbg Br.'19 A - O
....................................191® A - 9 104
U 5 Nov'93 : : : 111ft 1 15 *
102 Oct.’ 98
97 103
Trust Go. otfs. o f dep
Denv Dlv 4 b. ................1®®®
A
115 Oct.’ 93
SO 118*
99 101
100 N ov’ 98
Quid 5 s.. . . . . . . . . 1885-1935 F -A
Southwestern Dlv 4 s ..1921 MCoupons off... . . . . . . . . . . . . .
Calc A Iowa Dlv 5 b. ,, .1905 F - A •106
1 11 * Autf’ OS
95 ilS ft
105ft 1 0 7 *
9 5* 104*
Registered...... 1885*1925 F - A
Nebraska E rten 4 s....1 92 7 M-N •106
118 Nov’ 98
90 118
97 May’ 9*
97
97*
Speyer A Co. certf o f dep
Registered................. 1927 HJ-N
122 D e c ’ 98
119 128
Trust Co otfs o f depositHan. A St. Joa con 0S..1911 M -S
97 118*
118* Sop.’ H
S
105 1 1 0 *
108ft D e c ’98
Consol gold 5 s .........1 9 8 8
Chlo Bur A Nor 1st 58.1926 A - 0
116 A ug’98
103 116ft
114* 117*
115 D e c’ 98
Registered.................1988
118* Oct.’ 98 .. ..
97 118ft Chio&E111—letB f cur0s. 1907 J - D 1 1 4 * .......
J P M A Co otfs of dep..
S m a ll................. .........1®07 J - D
122 134
Trust Co certfs deposit
i s T # : : : : : 134“ D e c’*98
1st con g 6a
..,,,1 9 3 4 A -C
103 * D eo’ 98
8 4 ' 105”
101*109*
no*
Balt B'lt 1s i g 5s lntgu. 1990 M-N
General con 1st 5 s . ,,.1987 M-N 1 1 0 * Sale n o *
101 108*
1 0 3 * N ov’98
W Va A P 1 st g 5 s ...,.1990 A - 0
Registered ............... 1937 M -N
1 0 0 * 109
105 Sep.’9S
Monou Riv 1st gagSs.1919 F -A
C hto& IndCR y 1st 5a. 1936 J
10S* D ec’ 98
1 08 *
Cen Ohio R lflto g 4 * 8 l9 3 0 M S 108* .
Chicago A Erie. See Erie.
75 Oct.’ 98
75
Col ACln M 1st ext 4*81930 J - J
Chlo Ind A Louisville—
105 Aug’ 98
105
112 117
1 1 6 * D e c ’ 98
A kA C J lstln tgu g5 a . 1930 M-N
L ouisv N A & Ch lst03.. 10 J - J
105 Nov’ 98
105
80
92
92 D e c ’98
Coupons o ff.......................
Chic Ind & L ref g 5 s., 1947 J J
1 0 7 * J’Ly’ 98
1 0 5 * 1 07 *
9« 1 0 7 *
104
104*
Pitts A Con 1st g 4s.. . 1946 - J
Refunding g 6 s . , , . . . . , 1947 J - J
SOS N ov’ 98
9 8 * 105
140 100
160 N ov’ 98
B A O S W 1stg u g ifts. 1990 J - J *107* .
CUM A St P-1 at 7a f g R D ’ 02 J - J 160
90 Nov’ 98
70
90
BA O 8 W Ry con g 4 * s 1993 J - J
2at7s & gold R D .,,,1 9 0 2 J - J 100
31 Dec ’98
27
31
1 3 7 * 10®
1st luc g 5e aer A . .. .3043 Novt
102 D e c ’ 98
le t Iowa A D 7s........... 1899 J - J 160
11* D e c’98
6 * 12*
140 1 0 2 *
8©nes B.....................2043 Debt
1 0 3 * D e c ’ 98
IstC A M 7 s ................. 1903 J - J 100
B A O 3 W Ter Co gu g 5a.’ 42 HI-N
100
1 0 0 ft 33 138 1 0 3 *
105*
Ohio Mil A St P oon7s,1905 J - J 160
1 08 *
104
Ohio A Miss lat oosHa. 1947 J - J 1 0 8 * Sale 108* 120
163 D e c ’ 98
1 3 9 * 103
J - J 160
le t I A D Exten 7a. ...1908
12*
120 124
110 119ft
2d consol 7»...... .....1 9 1 1 A - 0
1 1 9 * N ov’ 98
1st Southwest Div 08.1909 J - J
103* 104
500 108
1st Spr’gfleld Dlv 7a. 1905 M-N
110 1 1 5 *
1 1 5 * N ov’ 98
1st La Crosse A D 5 s.. 1919 J - J
1 1 4 * 121ft
1st general 5s.. .....1 9 3 2 J - D
118* 118*
1st So Minn Dlv 0 s ... ,1910 J - J 117
Beech Creek, S w N Y C A H
128 IS O *
1 2 9 * Oct.*9*
1st Hast A D D ir 7 s ...1910 J - J 128 130
Bel A Car. See Illinois Cent.
109 1 0 9 *
1 0 9 * D e c’ 98
5b ...............................1910 J - J
Boonev Bridge. See M K A T.
118 122
122 D e c ’ 98
Chic A Pac Div 0 s . ..,.1910 J - J 119 . . . .
Bway A 7th Av. SesMetSRy.
111 122*
118ft 118ft
Chic A P W i s t g 5s.... 1921 J - J 1 1 8 * . . . .
9 6 * 110 79
95
91*
0C * Sale
Bklyn El Tr Co of Istg0sl924
U O ft 118
118 D e c ’ 98
J - J 118*120
Chic A Mo R iv Dlv 5a. 1920
80
«0 J’ne’ 9« . . . .
80
Tr Co ctfs 2d g, 5 8 ..,.. 1915
107 110
Mineral Point Div 5s..l910 J - J 1
....... 111ft 107 M ar’ 98
08 May’9S
08
68
3d instal p d ......................
113 1 1 3 *
112 Apr.’ 98
5
Chic A L S u Div g 5 s.. 1921 J - J 113 ..
98
93
......
8 A BB TC ocfa lstg u g 5 8 ’42
111 118
U S N ov’ 98
113
W is A Minn D iv g 5s. .1931 J - J
3d tnatal p d . . . . . . . . . . . . .
111 115ft
115ft D e c ’98
Terminal gold 5a.........1914 J - J 113 ..
9 0 * 84 80
94
94*
90 Sale
On El T r Co cfa lstgu g0a’ 37
127* 127*
1 2 7 * Jan.’98
42 91 109
Far A Sou assn g 0 s .., 1924 J - J
110
O
Bklyn Rap Tr g 5a........,1945 A -O 110 Sale L S
1 0 0 * May’ 97
Cont sink fun d 5 s . , . , , 1910 J - J
[1 7 * Dec 5
98
112 U7W
Bklyn City 1 st con 5 b 1910-41 J - .1
109 114
114 D e c ’ 98
*1 3 102ft 100
*2
Dak A Gt So g 5 s .....,1 9 1 6 J - J
107 Sale 105* 107
Bklyn Q Co A 8 oon^u g 5s ’ 41 H1-N
102 109
100 D e c’98
J!
Gen gold 4a series A . ,1989
Bklyn St Montauk. See L Isl.
1 0 4 ft 1 0 5 *
1 0 5 * F e b .’9«
Registered.
.........1989
Bruns A West 1st g 4s, .1938 J - J
120 I®®*
121 D e c ’ 98
121
Mil A No 1st M L 6 s ..1910
Buff N Y & Erie. See Erie.
117 123
123 Oct.’ 9s
J - D •122
1 s t co n so lS s .,,,, , , 6„1013
109 Dee ‘98
104 *1 0 9
Buff R A P gen g 5 8 .,,.,1 9 3 ? M -S
138 1 4 5 *
145 Sale 145
145
Chic A Northw—Con 7s. 1915
J -J
Debenture 6a.............. 1947
1 1 3 * D e c ’ 98
11
Gold 7 s...................,,.1 9 0 2
127 Mar’ 9 8
127 127
Roch A Pitts 1st g 0 »..1921 F -A
112X 118J,
113 D e c ’ 98
Registered........
1902 J - D
123 D e c’ 98
122 125
Consol lBt 0b............1922 J - D
l l S g 1S*J4
116
Sinking fund 0#,, 1879-1929 A-O 110 Sale 116
103 Apr’ 97
Cl A Mah 1st gu g 5s. .1943 J - J
1 1 7 * Oct.’ 98
Registered. . . . . 1879-1929 A-O
Buff A Southwest. See Erie.
Mi III*
1 0 9 * D e c ’ 98
Sinking fund 5s. 1879-1929 A-O
Buff A Suaq 1st gold 5s-1913 A -O
1 0 8 * D e c ’ 98
R egistered.. . . . 1879-1929 A -O
Registered.. . . . . . . . . . . . 1913 A -O
120 Ocur
98
M-N *118
14 i 04ft 109
1 07 *
Sinking fund deb 5a. . . 1933
B ar.OB A N 1st 5 s .....,1 9 0 0 J - D 1 0 7 * 108 107
119*
1 1 9 * D e c ’ 98
100 1 1 0 *
R e g i s t e r e d , , . , . . 1938 M-N •118
Con 1st A ool tr g 5s.. .1934 A - 0 110 112 1 10 * D ec’ 98
107110
110
35-year debenture 5 s ,. 1900 * N
Registered... ... ... ..1 9 3 4 A -O
10 9 ;
1 0 9 * M ar’ 98
Registered ................1909 * - N
M A St L i s t gu g 7s. .1927 J - D
119 118
110 D e o ’ 98
80-year debenture 5s.. 1921 A - 0
105ft 105ft
C B I F A N W l s t g 6s..’ 20 A -O 105 Sale 1 0 5 * Nov’ 98
117ft Feb.’O
rt
117H 1 1 7 *
R e g i s t e r e d . .1921 A -0
105
105
105 105
1st gold 5s. . . ,,. ... .,, .1 9 2 1 A -O 100
101 107
105ft N ov’ 98
Extension 4 s ,.,,1880-1926 F - A
107ft 1 1 1 *
anada South 1st 5s... 1908 J - J 1 0 8 * Sale 1 0 8 * 108ft
103 103
103 J’ne’ 98
C 3d 5a ...............
Registered.. . . . 1886-1928 F -A
105 111*
1913 n i-a 110 ....... 1 10 * 1 10 *
103*
54
M -N 103 Sale 1 0 2 * 103
106 Jatu’ 97
Gen gold 3 * 8 , . . . 1 9 8 7
Registered.................... 1913 HI-8
103 108
103 N ov’98
Registered.
.1987
Oarb A Shawn. See Ills Cent.
108 1 0 7 *
107ft May’ 98
Ree&n A L Sup 1st 0&..19O1
Carthage A Ad. SeeNYC A H.
Des Mo A Mian 1st 7s.l907 F -A
C R la P AN. See B C R A N.
103 108
108 OcL’98
91* Deo *98
Iowa Midland 1st 8 s ...1900 A-O
Cen Branch D P ls t g 4s. 1948 J - D
W inona A St P e t 2d 7e.l907 M -N
Central Ohio. See Balt A O.—
117 117
117 Jan.’ 9 »
Mil A Mad 1st 0s.........1905 M -S
Oaa R R A Bkg Co o f Ga.—
109 109
111
94 D ec”
94
Ott C F A St P 1st 5a..1909 M-.S 110 . . . . . 111
87
Collateral gold 5a . . . ..1937 HI-N 92
10S 105
105 Apr.’OS
1 19 *
North Illinois la t 5a.. .1910 M -S 110
118 D e c ’!
114
Cent o f Ga Ry—ls t g 5a . 1945 F-A* *110
1S2« 188*
M i l L S A W l s t g 5 s.. 1021 M -N IBS .. . . . 1 3 8 * D ec ’98
R egistered.......,,.,.1 9 4 5 F-A*
••«««•
105* Feb’9 7
93
93
Consol gold 5 s ......,,.1 9 4 5 M-N
84M ®3*
Convertible deb 5 s.. 1907 F -A
9 2 * Sale
U S * 130*
’
F - A iso8 122 1 2 0 * D e c’ 98
Registered .. .,. ... ,.1 9 4 5 M -N
...........
E xt A Imp e i g 5 s... 1929
133 188
138 D e c’98
40*
40*
85
44*
Mich Dlv 1st gold 6s. 19 24 J - J 1 8 5 * . . . .
40
1st pref luoome g 5s. ..1945 Oct.*
133 135
133 May’98
12
12
12
10
15*
Ashland Div l s t g 0sl925 M -S 138 . . . .
2d pref tnoom eg 5 a . . . 1945 Oct.*
113 113
112 A pr.’08
0 * D e c’98
5
4*
8*
In com es.....................,1911 M -N
3d pref tncome g 5s. .-1945 Oct.*
127* 184*
1 3 4 * D e c’ 98
95 D e c’ 98
91
95
Chic Rook I A Pac 0 a ....1917 J - J 180 .
M A N Dtv l s t g 5 s ....1 94 6 J - J
127* 1 81 *
130 A ug’98
90 J’l y ’ 98
9 5 * 99
Registered .. ... ... ..1 9 1 7 . J 130 .
Mobile Dlv l s t g 5a . . . 1946 J -J ♦ too’ '
1 0 3 * 107
Mid Qa A Atl Dlv 5a . 1947 J -J * 94
8 6 * Sep ’ 98
8 6 * 8 6 * General gold 4s.. . . . . . . 1988 J - J 104ft Sale 194ft 105
108* 105*
104 S ep/98
L02ft Deo*98
1 02 * 104ft
Registered.
1988 J - J
Cent o f N J—
-1st con 7s, 1899 y j * 101
85
98
“
■
D e c ’98
112 Nov’ 98
112 1 12 *
Des M A Ft D 1st 4 b.. 1905 J - J
l-N •112
1st convertible 7s.......1902
8 9 * 80
80 N ov’OS
1 12 * J’l y ’ 9M
Convertible deb 0 s .... 1908 M -N
110 1 1 2 *
1st 2 * s ........................ 1905 J - J
83 Mar’97
General gold 5a......... 1987 J - J 113* Sale 1 13 * 1 13 *
109* 116
Extension 4s............. 1905 J - J
108 110
R eg iste red .....,,. . . .1987 Q -Jt 112 . . . . . 1 13 * 113*
108* 114V
Keok A Des M 1st 5s.. 1923 A-O 109 1 1 0 * 110 D ec ’ 98
100 A p r’ 97
A-O
9 9 * 100
Lsh A WB C oonaa7 a 1000 Q-MI 100 Sale
97 1 0 3 *
Small............... .......... .
5s............................... 1912 M-N
8 5 * Dec !98
8 5 * 93
Chic A St L. See A t T A S F.
1 1 5 * D e c’ 98
Am Dock A Imp Co 5 a 1921 J - J
110 110
Chic St L A N O, See III Cent.
N J South intguar 8s. 1899 J - J
........
Chic St L A Pitts. See Pa Co.
136* I f f
1 8 5 * Dec ’-98
Cent Pacific—Ctfs dp A. 1898
Chic St P M A O eon 0 s.. 1930 J - D
103 Oct.*98
108 103
128 136
L83 D e c’ 98
Bpayer A Co otfa BCD. 1899
Ch St P A Min 1st 0 a ..1918 M-N 130
10S F eb/98
103 103
, 140
Speyer A Co otfs dep E.1900
, ......
Nor Wisconsin 1st 8 s..1930 J - J
126" 182*
1 3 2 * D e c ’98
Bpayer A Co ctf FGHL1901
105 D ec’ 98
St P A 3 City la t g 6s. 1919 A - 0 133
105 105
79* 95*
93*
94ft
Ban Joaquin B rg S s. ..1900 A -O
94 Sale
102* Oct.’ 98
101 105 Chic Ter Transfer g 4a .. 1947 J - J
106 J’ne’ 9 7
Guaranteed g 5s..........1939 A - 0
........
Gh A W est I lat a f g 0s. 1919 M -N
117* 1 * » *
1 1 9 * D e c ’ 98
Bpayer A Co e n g o t s ......
......
General gold 08,........ ,.1932
j^and grant gold 5a.. . . 1900 A -O
102 M ar’ 98
100* 102
Chic A West Mich Ry 5s,192 1
O k O Oiv ext# 5 a ....1918 J - J
101 Jan/98
101 101
Coupons o f f . , . , , . ...,1 9 2 1
Western Pacific g 6 s ..1899 J - J
119 Oct.’ 97
101 104
JlnH A D con s f 7 a .,,,1905 A -O
1039* D e c’ 98
1 0 3 * Oot.’ 97
No o f Cal let g u g 0a.. 1907 J - J
.................. .
2d gold 4 * s ................. .1937 J - J
1 0 7 * 1 1»
Guaranteed gold 5s. 1938 A -O
109* D ec’ 98
100 1 0 9 * i Cin D A I 1st gu g 5s.. 1941 M -N 111 115 1 1 0 * Nov’ 98
Charles A Sav 1st g 7s. .1930 J - J
.................... 0 I S tL A C. See C C C A S tL .
Ches A O—g. 9 b ser. A ... 1909 A-Ot U 9 Bale UP
119
118 1 2 0 * b i n 8 AC. See C C C A S t L .
Gold 0 s ........................1911 A-Of •119* 123* U 9 Nov’ 98
1 1 5 * 1 2 1 * ICity A 8 R y Balt 1st g 5s.l922 J - O )

to

33
?:£

M
B

....

?:5

?: S

* No price 6'rldayi th856.f9lat.M t bid Mid Mkad this weals, tO n a J o lr .

OUTSIDE S EC URITIES
S tr e e t R a ilw a y s ,
Bid.
Prov A Pawt’ck -la tos ’ 33 5108
Rlchm RyAI51eo-lst 58’ 20 75
Botihestor R y . . , , . , ..........
12*
Con 5b 1930......... A AO 105
8a Side El (Chic)—Stock.
75
Twin City R T r—Sw Stock Exch.
Preferred................
115
Un’ d TrAE1ec(Prov)-St’ k 84
1st 5s 1033 ........ MAS U 13
W *it Chicago o t ...............
95*
Con 1930...............MAN S 94
W orcester (Maaa )Tr-Com
12*
P r e f e r r e d ................
95

(G

iv e n

a t

G as S e cu ritie s.
110
80
18
list.
110

85
114
90*
14

100

foot

Bid.

* Ode Nov.
of

7

Ask.

3

O uaJano.

c o n s e c u t iv e

1 Due Jan.
pa g e s

G as S e c u r itie s .
N Y & East River Gas—
1st 5s 194 4 ............. JAJ
Consol 5s 1945.. ...J A J
Nor Uii—

NEW YORK.
Central Union Gas­
l i t 5s 1927..............JAJ §105* 1 06 *
Con Gas (N Y)—Stock—N Y Stk Exch
Deb 5a 1 9 0 8 .......MAN 100 110
Eqult G a s , . . . , . . . , , , . . . . . . 1 10 * 118
Do preferred............... ..
1st 08 1899............ FAA §101
102*
1st 5s 1 9 3 0 .. ......MAN
Con. 5b 1 9 3 2 ...,.,,MAS §117 118
Mutual Gas...................... . 305 315
BROOKLYN.
N. Amsterdam Gas, Com,
34
34*
P r e f . .,....... .
69
69*
1st con 5 a -N Y Stock
1st consol 5b..,, 1{103* 1 04 * 1Williamsburg Gas—lat 6a

i Boatli d o e

).—

Bid. Ask.
114
109
137
156
{115

a Tiisse are option .ala* -

Q-AS SECURITIES, &c.
G a s S e c u r itie s .

Bid. Auk.

116
110

OTH ER CITIES.
Baltimore Consoiidat—Se e Balt. Liat.
Bay State Gas—N Y Stock Exch.

139
102
1 17 *

Boston UnitedGas BondsBuffalo City Gas—S tock..
lat 5a 1047............ A AO
Chicago Consumers 1st 5s
Chicago Gas—See N Y Sto
Cicero Gaa Go 1st 0s. . , , , ,
Cincinnati Gas A C oke...
3And interest. tPrice

ook E xch
Exch.
§101 102

-Bosto nliist
16
15
§ 92* 98*
103*
103
ck E x cn.
102 . . . . . .
199
per ah are.

THE CHEONICLE—BO D PBICES (5 pages) P
N
age a.

J a s . 7, 1859.J
BONDS.
■ .Y .S T O C K E X C H A N G E
W e e k E h d is q Ja n . 6 ,

B n ce
F rid a y ,
J a n , tS
.

Su

III

B id . A$k.
C!.»rC<Ad A M-aA Set BRAP. _
0! A * * C eq A Sd g 6 ...19 3 0 F - A
01 k Can 1st Si tr r o c ... 1917 J - J
.... 88
0 C C A St L —Gan * 4 ... 1S93IJ - D
Cairo Dir 1st gold 4 ...1 9 3 9 J - J
99
9§*$
8 t L Dir lit c o lt r g t i .1 9 9 0 M-Jl
RagLitarsd................ 19*0 « -? ■
Spr 4 Co! B!t ls t g ts.19 4 0 M-r*
W W Va! Dir l i t a *1 . 1940 J - J
Cin W AM D ir l i t * 41.1991 J - J
Oln I 3t L * C l i t * 4 a l 9 3 a!Q-F 1
Registered , ............. I9 3d :0-F t
Co m o ! 0s . . : . .............1990 M-N'
CIO 3 4 Cl con 1st* 54.1928 J - J
Ind 8 ! 4 W l i t pf 7s. .1900: J - J
O lo d A W U t p f 5s... 1938 C -J*
Peo 4 Kait 1M con 4a. 1940 A - O 84% Sale
*4
I n co m e * * .... . . . . . ...1 99 0 A p r, ' 30
0 1 0 0 4 lud lata { 7 i . . . 1869 M-N 102 . . . . . .
Co m o ! 7a....................... 1914 J -$ | 138
Com o! ilnklu* fd 7 a ...l9 1 4 J ’ Oj
General consol go Id *35.1934 J -J
Registered .................1934 J - J :
CAS l i t M C C C i l 7s. 1001 A - 0
Cl Lor A W b eon 1 st 5 s. 1933. A - Q
'
01*t A Mahon Val g 5#.. 1938; J - J
R egistered....... .....1 9 3 8 ,Qo*J,
Clev A Pttts.
Penn Co.
Ool Mldl’d—1st # 2- 3 -4 * 194?[J - J| 6 6 *$ Sale
1f t # U .......a.................1947 J - J
7 4 ) 4 Sale
Ool A 9th A t . See Met St Ry.
Golaat A Greenv. See So Ry. |
Col I I V A Tol—Con g 5«,1031 M- »
71*$ 8 aie
J P M 4 Co m s cI b $85 pd U -. . .
General gold 6 s ............ 1901 J -D
General hen gold 4 s .. 1998 J - J j ’. ’. ! ! ! ! *5 6 *'
Registered
1998 J - J
Ool A a n MtL See B A G .
Ool Couq A Term. See NAW j
Conn A P m Rlvs le t g 4 s . *43 A -O ;
Bo. See
D ak A Gt Waco. SCM AStP.
Allas A
«MK*T.
Oel Lack A Western 7s~ 1907 M- H 124
Syr Bing A N Y le t 7s. 1908 A - O 125
Morris A Essex 1 st 7s. 1014 M-N !4 L
7 s ............... ............... 1900 J - J •
7 s ......................1871-1901 ] A -O | U O ttt
1st con gear 7 s . , . . . . l 9 l 5 ; J - D U 2 H .
Registered ...........1015!'J ~D; 140 .
N Y Lack A W 1st 6 s .. 1031 |J - j| 132 .
OotUtni«tlOB 5s.......1923 F - A U fl .
Warren 2d 7s............. .1900 A - O 105 .
•el A U sd 1*t Pa D ir 7s. 1917! M - Hi 143 .
R e g tstire d .............. 1917 M- H 143 .
Alb AS* * 1st con ga 7*1006! A -O 123 .
R e g is t e r e d ........... 1908 A - O 121 .
Gold 6 s ....... ...............1908! A - O 117 .
. 1908 A - O 110)4 .
Registered
Bens A Sar U t 7 s .... . . 1021 M -N
Registered ................1921 M-N
Del Rlv HR Bge. See Pa Rft.
85 100
Den Con T r Co 1st# 5«..1033 A -O
Den Tram Co con # 6 a. 1910 J - J
Met Ry Co ls t* u # 6 * .1 9 1 l J - J
Oan A R Gr 1st gold 7*. .1990 M-N
le t con g i s . , . . . .......1 9 3 6 J J l&OHi Sale
1st con g 4*$s.............,1930|J - J tQ0 H
Improvement gold 5s .192 h J - D 103 Bale
Oes M A Ft D. See C R A IP , I
Dee M A Minn, See Cb A N W.
Dee M On Ry 1st # 0 « . . . 1017 M-N
DetM ATol. 8 m L 8 AM 80 . |
Det A Mack 1st lien « 4s. 1995 J - D
Gold 4 s .,.......................1995 J -D
Del A Iron Range 1st5a 1937 A -O
R e g is t e r e d ...............1937 A -O
2d lien mortgage 0S...1916 J - J
Dal Red W A 8 1st g 5s 1928 J - J
Del 0o Shore A A t# 5e. 1987; J - J
a stofM ia n SseStPMAM.
K■set T Va A .Ga. fiM.SoKy.i
Ells J^x A B 8 . See C A O. !
Eiat C on A No. See LehAN Y. [
Erie 1st ext « 4 a....... .. 1 9 4 7 1 -N
H 7 Sale
M
24 ext gold 5 a ............1910 M- 8
U 8 ......
9d ext gold 4U s....... . A 923 1 1 - 8 j
itb ext gold f i e . . . . . . ,.1920 A -O 119 .........
ith ext gold 4c............ 1928 J - D '102
1st consol gold 7 s ...,.1 9 2 0 M- Bj 142 . . . . . .
1st consol gold fd 7 s .. 1920[M- ?* .........143)4
|
Long Dock eon gold 0 a 1935 j A - 6 '180*$ . . . . . .
Baff N Y A Brie Ist7 s.l9 1 0 J -D '181 . . . . . .
Bttffk 8 W gold 6 e.,.,1 9 08 ;J - J
Small ...........................- J
Jeff RR 1st ga gold 5e. 1909I A-O) *10 2 .. .
Chic A Erie 1st g 5 e ...l9 8 2 jM -N 'U 1)4 U2*$
Coal A HR 1st e ga 6 s. 1922 M-N
Dock A Imp 1st car 6 s. 1913 J - J
M Y A Green L ga g 5*. 1946 M-N

-n ......
o
.......

Erie 1st con g 4s pr bds.1900 J - J
Registered................1900 J - J
1st ecu gen Hen g ie ....l0 9 0 iJ - J
Registered,............... 1996 J - J
W Y 8 A W - l * t r e f 5«.19H7,J - J
2d gold 4 *$s.............193 7 'F -A
General g 5 e.. . . . . . . . 1940:F- A
Terminal 1st g 6e---- 1943 M -N
Reels 85.000 each .1943 M -N
W llkA E aslstgu #5*1942 J - D
Mid KRofNJ 1 s t # 6*1910 A -O
Escen A L Sap. S w O A N W .j
Eureka Sprlngi 1st g 0s. 1933 F - A
Ev A T H 1st eon 6*.. ...1 9 2 1 j - J
1st general gold 5 *....1 9 4 2 , A -O
Mt Yem on 1st 6#........ 1923 j A - O
M l Co Br'cb Is tg fie,. 1930 A -O
E rA lQ d lst con ga g 0S..1926 Jf - J
Fargo A S a See Ch M A 8t P. I

92)$ Sale
’ 72)4 Sate
107

B ale

96*$ Sale
99

Sale

XOOH Sale
’....... 10 1
102

Sale

* No prto« FrtsUr; U i a t u t l t f a W0 u d u M

W eek's
'S t f
R a n g e o r 1S ■$
L a s t Sale.
<*!'
L ow

H igh . N o

94

1li
88
58
86

L ow . H igh

P r tc t
F rid a y ,
J a n . t>
.

BONDS.
^ •2
N.Y . STOCK E X C H A N G E
W e e k E n d in g J a n . 6 ,
*5^
A Fere M 6 s
O
F lintconsol goldg 5a... ...1920 A --N
1st
.1089 M
.

72 %
85
01%
09%
9C

72%
N ov’ 98
D ee’ 98
Dec ’98
ll& r’93

10

74%
85
91*$

Bid.
121^ Sate
10 0

10 1

.....

P t H uron Div 1st g 58.1939 A - O *100
Fla Cen A Pen 1st g 5s.. 1918 J - J
1st land gr ext gold 5a,1930 J - J
100
Consol gold 5s.............. 1943 J - J
90
93
F t 3 & Y B Bge. See StL&SF.
F ort St U D Co 1st g 4%sl941 J - J
87 A n g'9 8 :
80
8 8 % Ft W & D C—1st g 4-08.1921 J - D
S5% Sale
92 H Nov*98
89
95
Ft W A R io Gr 1st g 8-4s.l928 J - J
102
103
98*$ 102
Fulton Kiev. See Kings Co El.
alHar&SA. S «3P C o.
al H&H o f ‘ 82 1st 5S.1913 A - O
98% 100
114 Oct-’ 97j
Ga A A la Ry 1st pf g 5g.l945 A -O
107% F eb ’ 97 i
Ga Car & No 1st gu g 5g.l929 J - J
Georgia Pacific. See 8 0 Ry.
83
84%
70
85
Grand Rap A Ind. See Pa Co.
33
33^
14
23
an A St J. See C B & Q
103% 1 0 2 %
101% 105% H ou&atonfo. See NYNHAH.
137*$ D e c’ 9$
131%140
Houet K i W T l s t g 5s.l933 M-N
98*$ Sale
H ous A T e x Cen. See So P Co.
182*$ N ov'98
127*$ 132*$ I lllnois Cent 1 st g 4s.. .1951 J - J 1 1 0 H .......
A R egistered .............1951 J - J U 0M . . . . .
107*$ Oct.'97
Istg o ld 3% s................1 95 1 J - J 101% 104
107 Dec *98
Registered.............. ,,1951 J
101 % .......
1st gold 3s sterling.. . . 1951 M -B
121 JS1
121 Sep/98 •
*
Registered........
1951 M -8
Coll Trust gold 4a.......1952 A - O 105 100
Registered..................1952 A -O
66
56
L N O A T ex gold 4s 1953 M -N
88 ^ ;
2 7 H1
65
77*$
74%|
Registered..........
.1958 M-N
74)4
Coll tr 2-10 gold 4 s .... 1904 J - J
Registered........
1904 J - J
75 Oct.’01
Western Line 1st g 4s. 1931 {F- A 105 .......
875! 7 0 * 80
70
R egistered.............. .1951 F - A
34
40
01
Louisville Div # 3)$s .1953 J - J “ 94“ Bale
1
Registered ..........,.,.1 0 5 3 J - J
St Louis Div g 3s....... 1951 J - J
80
81%
R egistered .......... ...1951 J - J
Gold 3)$s................... 1951 J - J
R egistered............1951 J - J
Cairo Bridge gold 4s.. 1950 J - D
R egistered ................1950 J - D
124 Not*98
Middle Div reg 5a.......1921 F - A
122 188 ;
126 J 'ly *98
125*4 128 I Spring Div l s t g 3)$8.1951 J - J
137)J 144 I
148 D e c’98,
R egistered................1951 J - J
107 Bep.’OB
107 107 ! Chic St L A N O g 5 b. . 1951 J - D 125% ,
110)$ flO U
R egistered ..............1951 J - D
107 113%
186 142)$
180 J 'n e’W
S
Gold 3)$a................... 1951 J - D
140 140
R egistered...........1951 J - I )
140 Oct.’98
187 8ep.’ 98
130*$ 18$*$
Mem Div 1st g 4 a .,.. 1951 J - D
Registered.. . . . . . . . 1951 J - D
118)$ Nov’ 97
tOS Aug’ 0 8 1
Boikov A Car 1st 6 a .... 1028 J - D 120
l b s " io m i
St L Sou 1st gu g 4 s ... 1931 M -8 ’ 93
148 140
140 8ep.'08
148 May’ 97!
Carb A S 1st g 4 s ......1 9 3 2 M -8 1 93
120)$ 125)$ Ind B! A W . See C C C A 8 t L
1*2 D o «’ 98
Ind Dec A W l s t g 5 s ....1935 J - J 101 103
110 118)$ Ind III A la 1st ref g 5 s.. 1948 A - O
116*$ Dec *93:
11 0 )4 117
117 Not’ 99
Int A U t No 1st gold 6 s. 1910 M -N 123 .......
2d gold 5s...................... 1909 M -8
147 147
147 Sep.'98
91% . . . . .
8 d gold 4a...................... 1 0 2 1 M - 8
lit
145
60 Sale
141 May *98
Iowa Central 1st gold 5s. 1988 J - D 107% Bale
Iowa Midland. See Ch A N W.
Jefferson RR. See Krle.
al A A G R. See LB A M S.
108 U l*$ K an A Mich. See Tol A O C,
Noy*96
’
1009 $
1 0 0 *$
37% tOsS K C A MRAB ls t g u # Ss.1929 A -O
60% Sate
1O U 111
0
110*4 D o c'« »
K 0 P A G 1st A col g Ss.1928 A -O
192)$ 103
85)$ l o t
Kau C A P»c. See M K A T.
Kansas Mid, See St L A 8 F
Kentucky Cent. See LAN.
97 108
102 OCt/98
Keok A Des M. See C R I A P.
69% Sale
Kings Co El aer A 1st g 5s *25 J - J
Fni El 1st gu g 5s ser A .*29 M -8 ........ 00
Knoxville A Ohio. See 80 Ry.
l s t g 5*. 1937
106)$ D ec’ 98
I 104 110)$
L ake Erie A5W ................1041 J --JJ .........104
2d gold a
J
North Ohio 1st gu 5*.. 1045 A - O 101 103%
92)4 98)4 L 8 A M S . See N Y Cent,
92t$ Feb.'98
U $ H D e c’98
10 1
113M Leh Val (Pa) ooll g 5s .1997 M-N 100 105
R egistered ................... 1097 M-N
. 100%
Leh V N Y 1 st gu g 4 ) $ 1940 , T- J
Registered ....................1940 J - J
Leh V Ter Ry Istgu g 5*1941 A - O
10 112 116
Registered .................. ,1941 A - O
117
117
119)$ Aug‘08
110)$ 119)$! L V Coal Co 1st gu g 6 s .. 1933 J - J
112 Not *9.h
100 118
Registered... ... . . . . . . . 1 9 8 8 J - J
118 118*4 Leh A N Y 1st gu g 4s. ..1045 M- 8
118)$ Nov‘ 98
01% 98
104H J'ne‘ 08
104)$ 105
R egistered.,..................1945 M- 8
188 147*$
El C A N 1st g 1st pf8#.1014 A - O
144 Dec ’»8
Gold guar 5s. . . . . . . . . 1914 A - O
148 D ec’98
140 148
189 8ep.’ 90
138)$ 139
Leh A Wllkesb. See Cent NJ.
Leroy A Caney Val. See Mo P.
183 J ’ne'98
188 138
Lex A v A P F. See Met St Ry.
Lltoh Car A W ls t g 0 s ..1910
33
34
L R A M ls t g 6 s 1087 T rctfs .
100
103 ’ Nov’ 98
Long Dock. See Erie.
112
[>ec'98
11 m
—1st OOO g Cs.1931 Q -J l -120 124
1st con g 4 s ..................1931
97% 08%
109 Oct.’98
General gold 4 s .......1 9 8 8
97% 98%
Ferry 1st gold 4)4*.,,.1022 M - 8
Qold 4 s , . . . , ..................1982 J - D
' 02)$ *98*4 » » 84*$ 04H
Debenture gold
1934 J - D * 95
H i"
N Y A R B 1st g 5s. ,,,1 02 7 M -S
' 72*4 *78)$ 60 | 00
2d in co m e ...........1 0 2 7
S i 99 1 1 1
107
107
N Y B & M B con g 5s.. 1935 l eS -100% .
Bklyn A Mon ls t g 08.1911 M -*
• 841$ 93)$
•
02)$ AaK’08
95
051$ 98 92
1st 5s.......................... 1011 M -8
98
Nor 8 b b 1st con g gu 5s..’ 82
10054111H
111 Oct.’ 03
JS Y BAy Ex R Istgu g5 s’ 43 t-° 3
20
08*4
99
Monteuk Ex gu g 5s. ..1945 J - J
03w i o n #
Ga A Mo Rlv. See Chi A Alt122 D e c’ 08
114*4 122
GE A 8 tL C o n cn g 5 s .l9 8 9 . >
* 51
52
05
N o r '9 7
Tr Co certs...........
>
112 133
General gold 4s............ 1943 M - 8
128 Deo ’98
,OU A Nash—Coco I Br 7s 19 07 M - 8 •105
82 101
100*4 1 0 ®^
J - J 125
N O A M l s t g ..............
2 d g u id e s ................. 1030 J - J •108
B H A Nash ls t g 0s.. .1910 J - D *115
35 T T H 103)4
108
100
General gold 6 s.......
1980 J - D *117
68

82
88

e%
o

G

o
U ‘ to

tb !. ,

h

O UTSIDE S EC U R ITIE S (G iv k n
Bid.
Q s i D s c s r ltle s .
City Gas (Norfolk V a ). . . .
05
lift 6s................................ *100
City H A L ( F vtoria’ 5 f .........
-»iacDOu» (G) Gaa—dtock
73
1st 5s 1 9 3 2 ............J A J ill08
Ovasolld Gas (N 4 )—8tck 15%
1st 5« 1 98 «. . . . . . ...44.1
88
Consol Gas f Pittsi , . , . . . . .
Praf.................................
57
Bonds 5s......................... l l t %
Oonsum <>«s (3 City)—8tk
82
1st 6*..................... MAN 10*
N Y RxcJh. list.

R ange
T ea r
1898.

L t B ond. dno Aiurtmt.

A T FOOT OP

Bid.
( } » ■ He c q t i t l e s .
68
Fort W ayne ( Ind)—Bto :k
80
1st 0s 1925..............JAJ
93
I Grand Rapids—S tock.. . . .
1st 5s 1915............ FAA *108
Gas L .. .25
42
i| Hartford (Ct.) 111 Gas—8tk t 48
Indiana NatA
67
la te # 1908 ....... MAN
90
If Indianapolis Gas—Stock.
1st 0s 1020............MAN 103
Jersey City Gas L igh t,. ..
Laclede Gas—N Y Stock R ich.
08
Lafayette (ind) Gas—Btk
83
1st 6 f lflfe*.............MAN

7

Ask,
73
34
9714
104
52
70
105
104
......
75
36

33

W eek's
R ange or
L o t t Sale.

Low , H igh . N o. L ow .
5 110
121-H 121%
14 85
10 0 %
10 0 %
10
100
100
88

105 Mar’ 98
35%
86
64 Dee ’98
99
100
97

07%

Bid.
G a s B e e n r lt le s .
Loganapt A W ab Val—Stk 4W
68
1st 0s 1025 ............JAD
60
Madison (W ls) Gas—Stek
1st 6 s 1986............AAO 11 0 0
47
Ohio A Indiana—S tock...
68
1st 0s 1926 ............JAD
Peoples Gas A Coke—N Y Stook
Philadelphia Go—See Boa ton L
39
96
G. 1837.................... J * J
50
Co m o ! 5 . 1944 ....M S B § 85
19
lyraouse Gas—S to c k ..,..

7

98%

HMI
121%
10 1

102%

105 105
05
87
54% 00%
88*$ 99%
106 100
92
07

Dec*98
Dec ’ 98
Dec ’98

47

88

100

112% N ov’ 98
112% Nov’ 98
102 Oct.’ 9S
102% Apr.’9b

109%115
108% 112%
102 105

105% 105*$
102 D ec’9£
103% 108%
10 1
M ar’ l l
100% Sep.’ 98

100 105
102 103
97% 103
101 101
100%100%

103
93%

101

101

N ov'98
* 94%

102%

105

35 '92% ’ Ve*'

82% D e c ’ 98

78%

83

90“ D e c ’ 98

92%

90'

125
123

115% 125
138 123

N ov’ 98
Sep.

100% 1^4%

104% D e c ’98

93
90

102 %

102 %

104% 104%
122*$ Nov’ 98
93
93
60
60
107% 107%

04*$
90

97
103
110
78
44
97

94% D e c’ 08
90 Nov’ 98

105
105
128%
93
01*$
107

70% 500

05
00

8’ %

70
60%

70%
01
115
95

10% 117
103% 104%
101% D e c ’98

100

104

Aug’ 98

104

106

D e c’ 98

99

120
1U0

102
104
100%

107* i i s “

113 D e e ’ 98
109% J 'ly ’9'
92% M ar’ 98

92% ‘ 92%
9*1" * 92**

91

Oct.’ 98

101

8ep.’ 91

33

D e c ’98

20

34

124

D e c ’98

L17

124
97*$
»7*

98
98
97% D e c’ 98
98

98

N ov’

52
5
100
129
111
117
117%

D e c’ 98
D e c’98
Nov*97
D e e ’ 98
D e c ’98
Nov’ 98
117%

98

100

D e c’ 98

ib’6

* B oad. das April. ,i B ond, das January, i B ond. d a . July,

COITSECUTIVB PA O E 8). —

M angs
Y ea r
1 89 8 .

102 %

.. . .»**•«

53

1

ISSO 186
Ito
108 1 U
118 118
116K 1»1
a Option salo

GAS SECURITIES, &
c

Ask.
52
70
63
103
50
70
ExeA
iat.
41
07
53
86
21

U an 8 r c n r lt lf f » .
gyr’seGas— . st 5s ’ 40. J&J
Western Gas (Milvr) .......
5s—See- N Y Stock Excb
T e l e s . A T o le p h .
American Diet Tele—NY
American Tel A Cab—NY
Central A South A m er....
Tfces A Poto Teleph—Stk
Bond 5 s .. . . . . . . a..,
Jommerci&l C a b l e . _
"ommer Union Tel (N Y).
Empire A Bay State T el..
|And Interest. fPrtoe

Bid. Ask.
»8
86
94*$ 95
list.
1
Stock Excfo
Stock E xcb
110 113
60
55
108 105
185 190
118
us
7#
77,
per abUur*

T H E

34
BONDS

P ric e
F ru lau ,
Ja n . o.

C ll R O N

lv ) L E — B O N D
R a nge
T ear
1898.

W eek's
R ange or
L a st Sale.

P R IC E S

(5

pages)

BONDS.

P

a s s

3„

Price
Friday,

21

[V

ol.

L X V III.

W eek's

R ange

Range or
Last Sale.

1 89 8 .

N. Y . S T O C K E X C H A N G E
Jem, 6.
R .y .B T O O K E X O H A N G E i l l
W e e k E n d in g J a n . t>
Bid. Ask. Low. High. No.
W e e k E k d is o J a x . 6.
Low.High.
— — B id . A s k . L ow . H igh . No.
N Y Gent (Con.)
_ .
109*6 8ep.’ 97
Reg deb oh o f . . .1889-1904 M-S *110 ,
Lou £ Naah (Con.)
„
108% 8ep.’ 97
104 D e c ’98
Debenture g 4 s. .1890-1905 J - D 104% .
Pensacola dir gold
125 125
104% Feb.’ 98
125 D ec’98
J -D
R egistered.. . . .1890-190 5
0 1 L dir le t g Os..........S " i
103% D e c ’ 98
Debt certs e x t g 4 s .... 1905 M -N *104% .
Sd gold 3s.................. 1980 ? e
105 107
107 Nov’ 98
104% J ’ne’
Registered............
1905 M -N
Nash A Deo l#t7fl. •
»»»|®00 J ~ rJ
110 D e c ’ 98
107
G 3*48............................ 1997 J - J
Binkfd (SAA) g Q s.... 1910 A -O
94 103*4
108 N ov’ 98
BAN A o o u K U g 5 a ....l9 S 6 * - A 107 109 103*4 N ov’ 98
Registered.................1 9 9 / J - J
100*4107
99%
99% 78
99*4 Sale
108 Sale 1072$ 108
Lake Shore col g 3*4a.l998 F - A
Gold Cf......................... }2 !Z
83
98
08
98
95*
90%
98 Sale
96 Sale
R egistered .............-.1998 F - A
U nified*-is..................JSf 2 t i
98
98*
98% Sale
Mich Gent coll g 3*6s..l998 F - A
Registered........ .
1940 M - J
90*4 U l*4
93 N ov’ 9:
112
Registered . . . . . . . . . . 1998 F - A
Pons A At! ls tg u gOs.1931 it- A 112 Sale 111 Dec -98
101*4 1 0 8 *
105% D e c ’ 98
*106 . . . . . . 107*4
Harlem 1st 7 s . . . . . . . . . 1900 M -N 105%
Ooil trust g 5 s . . . . . . ..,1981
108 109*4
106% D e c ’ 98
108
10S
R egistered.. . . . . . . . . 1900 M -N
LANA MAM 1stg 4% s.l945
87*4 104*4
103 May’ 97
ec’
N FIs A 3 1st gu g 5 b ..10S7 4 - A ■105%........ 104*4 D92 98
N J June R g u 1st 4s .1986 F - A
85
92
92
R egistered.................1980 F - A
Kontucky Cent g 4a.. .1987 J - *
9 92 Sale 108 Jaa/98
108 103
L O l n A L e x g A ^ s . .*.19311 i
W est Shore 1st 4s g u ,2801 J - J L10% Sale 110% 110*4
109% 109^'
L A J e f f B g e C o g ttg 4 s .l9 4 5 M -S
R egistered. . . . . . . . . *2801 J - J .........110
108 N ov’ 9!
Beech Ork 1st gu g 4s. 1930 J - J
L N A A 0 . Sm O I & L .
,i
108 109
109 M ar’ 98
106 J’ne’ 98
Louie Ry C olstoon j?5 a .l9 3 0 J - J
R egistered................. 1986 J - J
ccL S A M S .
3d gu gold 5 b........... -1936 J - J
90
98*4
97
M ahon Goal.ByScon 4b. 1090 A - O 90*6 Sale 95
anhattan
R e g iste re d ............. .1936 J - J
U4*4 119*4
Metropol El lB tg 6 a ...l9 0 8 J - J 1 L5% 117*4 1 1 8 * D e c’ 98
Clearfield Bitum Coal Corp
101 105
102*4 102*4
95 J’ ly ’ !
l s t s f in tg u g 4sser A . ’ 40 J - J
2d 0s........................... 1899 M -N 102 ...
Man 8 W ColonU g 5 s ... 1934 J - D
Small bonds series B. .’ 40 J - J
.1 - J
J -D
Market 8 tC By I s t g 6 s .l9 l3
Gouv A Oswe lBt gu g 5s.’ 42
130%
MoK'pt A B V. SeeP MeKAY
R W A Og con ls t e x t 5 s .’ 22 A-O* 130*6 Sale 130
Metropolitan El. SwManRy.j
Nor A M ont le t gu g 5a.’ 16 A - 0
108*4 H 9
ng%
F - A 1 1 9 * Sale n s *
M -N
Met 8t By gen o tr g 5s. .1997
R W & O T R l s t g u g 5 s .18
114*4 122%
122*
Bway&7t hA v 1etc g 5a. 19 43 J - D 122*6 123*4 122
Oswe A R 2d gu g 5s, .1015 F-A$
107 A ug’ 98
Registered .. ... ... ..1 9 4 3 J - D
Utica A Blk R lv gu g 4 s.’ 22 J - J
l i e 123*
M -S 125 Sale 1 2 3 * 125*4
ColA 9th A r 1st gn g 5s. 1993
Moh A Mai 1st gu g4s,1991 M -S
R egistered............1 9 9 3 M - 8
Cart A A d l s t g u g 4 b. 1981 J - D
117** 1 2 5 "
Lax A v 4 P F 1st gu g 5a.’ 93 M -S 125*4 Sale 124* 195*4
N Y A P ut 1st con gu g 4s.’ 9 3 A - O
M -S
, 129% 128% D e c’ 98
R egistered...........
N Y . S North 1st g 5b.. 1927 A -O
60
00*4
88*
68*
Mex Cent con gold 4 b. .. 1911 J - J
Lake Shore A Mich South—
121 Apr.’ 98
1st con Income g 3 b. . .1939 J’lyt
F -A
Det Mon A Tol 1st 7sl906
102% D e c ’ 98
Sd ooil income g 3 s ,,,, 1939
Lake Shore divid 7s. 1899 A - 0
\ -o
108 Oct.’ 98
Equip A coll g 5a . . . . .
Consol 1st 7 s . ... .. 1900 J - J
7 0 * 85
84*4
So
8 4 * Sale
105% 105%
Mex Internet 1st c >; g 4s.‘ 77 M -S
Registered . . . . . . 1900 Q- J§
116*6 116*4
M ex Nat 1st gold 6a...... 1927 J - D
Consol 2d 7 s . . . . . . . 1903 J - D
2d Ino 6s A C p atmpd. t917 M-S*
116*4 116%
Registered.......1 9 0 3 J - D
6*4 D e c ’ 98
6*4 0%
106
107
3d income gold 0“ B . .1917 A m i
Gold 3 * 4 s ........1 99 7 J - D 104% .
97 Feb ’ 97
-le x North 1 st gold Qb.. 1910 J - D
106
108
Registered.........1997 J - D
108% D e o ’97
Registered.......... .
.1910 J - D
CinA S 1stgL S A M S 7s’ 01 A - 0
Mloh Cent. Sec N Y Cent.
K A A G R 1st g o 5b.1938 J - J
*
121" Oct.*’ 98
Ml d O f N J . See N Y Sub A W
Mahon CURB 1 s t 5s. 1934 J - J
io i* io i*
1 0 1 * N ov’ 9
MU El Ry A L 80-yr g 5s. 1926 F - A
.... 112 111*4 D e c ’ 98
Mloh Cent—1st con 7sl902 M -N
M L 8 A W. See Ohio & N W
1st con 5 s ................. 1902 M -N *104% 107 104*4 Deo ’ 98
122 Feb.’ 98
MU A Mad. See Chic A N W
6 a ............................... 1909 M-S
MU * North. See Oh M A St P
121% J’ne’ 98
5s...............................1931 M -S 126
Mil A St P. See Oh M A St P
125*4 Jan.’ 98
126
R egistered...........1931
Min A St L gn. See BO R A N
106*4 Feb.’ 98
4 a . ... ...........
..1940 T ™ 142*4 143
145
145
Minn A 8 t L —l at g 7s ..1927 J - D 145
108 Jam’ 98
Registered . . . . . . . . 1940 J - J
100*4 u o
109*4 D e c’ 98
M -N 109
1st cona gold 5s.......... 1934
Bat 0 A St ls t g u g 3s.’ 89 J - D
125 125
126 Oet.’ 98
Iowa ox lBt gold 7 b. .. 1909 J - D
A - O 106*4 Sale 100% 106%
N Y Chic A 8t L 1st g 4s.l937
South West ex 1st g 7s.’ 10 J - D
104 N ov’ 98
R egistered............... .1937 A -O
128 128
128 D e c’98
Pacific ex 1st gold 6s .1921 A - O
N Y A Greenw Lake. See Erie
M A P 1st 5s st 4s int gu ..’ 86 J - J
N Y A H a r . See N Y C A Hud.
J- J
M E8M&A 1st g 4b int gu
N Y Lack A W . See D L A W
M StP ASSM con g 4b Int gn’ 38 J - J
N Y L E A W . See Brie.
Minn Bt Ry let con g 5a. 1919 J - J
N Y A Man Bah. See Long Is,
Minn Un. See St P M A M,
301 82% 93% N Y A N E . See N Y N H A H
95
91%
94*4 Sale
Mo Kan A T ex—ls t g 4a. 1990 J - D
104*6 Oct.’ 97
68*4 N Y N H A Hart ls t r e g 4 s .’ 03 J - D 173 Sale 173
70% Sale
67%
2d gold 4s....................1990 F-A!
I
71 3765 57
178
A -0
Convert deb certs $1,000
§3% 88
88 Aug’ 98
1st extea gold 5s.. . . . . 1944 M-N
174
174
Small certfs $ 1 0 0 .. ... .
*89 80
89*4
90
88
90 Sale
M K A T o f T lfltgug5B .’ 42 M -S
125 .
120*4 A u g’98
H ousatonic R con g 5s. 1937 M -N
115 70*4 76
76
75
76% 75%
K 0 A Pac 1st g 4a.. . . 1990 F -A
N H A Derby c o n 5 s ...1918 M -N 121% .
88*4
88
88% Sale
88*4 21 75
M -N
Dal A Wa ls t g u g 58.1940
121*4 N ov’ 98
N Y A N E 1st 7 s . .....1 9 0 5 J - J
B oonevB dgO ogu g 7 s ..’ 06 M -N
116 D e c ’ 98
1st 6 s ,. . . . . . . . . . . . . . . 1 9 0 5 J - J
Tebo A Neoaho 1 st7b. 1908 J - D
A - 0 1 0 8 " Sale* i'oiM 103
93*4 102*4 N Y A North. See N Y O A H.
Mo E A R l s t g u g 5 s ...1942
106*4
N Y O A W con 1st g 5s. 1989 J - D 106*6 Sale 100
93 110%
Mo Pac—1st eon g 6s. ..1920 M-N 109 Sale 109
109%
Refunding l s t g 4 s .... 1992 M-SH 105 Sale 104% 105
108*4 114*4
3d 7s............................. 1900 M-N 114 115% H ite 114*4
Regis S5,0 0 0 o n ly ... 1992 M-SU * 101*6........... 101% N ov’98
65*4 92%
91*
Trust g 5s....................1917 M-Sj
»i*4
N Y A Put. S e e N Y O A H .
Registered. . . . . . . . . . 1917 M-8t
0 0 " ” 90*4 N Y A E B . See Long IsL
88
*90
80% Sale
1st coll gold 5s............1920 F - A
N Y 8 A W . See Erie.
Registered................1920 F - A
NY. T ex A M . See So Pac Co.
100 107
Pao R o f Mo 1 st ex g 4s.’ 88 F - A 107*4 Sale 107*4 107*4
105*4111*4 North Illinois, See Chi A KW.
2d extended gold 5a. 1938 J - J 106 ....... 111*6 D ee’ 98
North Ohio. See L Erie A W.
Verd V I A W 1 stg 5 s..’ 26 M -_
Northern Pacific—
Leroy A O V A L 1st g 5s ’26 J - J
114£4 Sale 114*4 *15*4
Gen 1st R R A L G sf g6s. ’ 21
108 D ee’ 98
107 110*4
8tL A IM t 1st ext g 4%8«’ 47 F-AS
117 Oct ’ 98
R egistered...............1921
102*4107*4
2d ext g 5 b. . . . . . . . . . 1947 M -N
106*4 D e c’98
131 134 131% D e c ’ 98
St P A N P gen g 6s. ..1923
102 108
106 D ec’ 98
Ark Branch ex tg 5s. 1935 J - D
130 Sep.’ 98
Registered c t f s .. . . . .1923
80 105%
105*4
Gen conry A id grt g 5a *31 A - 0 105 Sale 105
101% Sale ioi% ior%
Prior lien r A 1 g g 4s. .1997
80 101
101 Dee ’98
Gen couBtamp gtd g 5s ’ 81 A - 0 102
100*6 8ep.’ 98
Registered................ 1997
MIssRlvBdge. SeeOhlc A Alt
69
69%
09 Sale
General lien g 8 s .. . . . .2047
MobABlrm priorUeng5a.’45 J - J
Registered ,. ,.. .,, ..2 0 4 7
J -J
Small................
88 D e c ’ 98
Wash Cent 1st g 4 s .. .1948
Income gold 4s............1945 J - J
112
112 Sale 1 1 2
Nor Pac Ter Oo 1st g 08.1933
S m a ll....................
Mob A Ohio new gold 6 b. .'27 J - D 125 ........ 125 D e c’ 98
118*4 125*4 Nor R y Cal. See Cent Pac.
N orW is. See C S tP M A O .
1st extension gold 0 b. 1927 Q-J* *118*4........ 116 D e c ’ 98
116 116
102 J’ne’ 98
General gold 4 s ..... .1938 M -S
70
83% Nor A South 1st g 5 s .... 1941 M -N *100
32*4
85
84*4 Sale
127 D e c ’ 98
Nor A W est gen g 0 s ....1981 M -N *125
Montgom Dlv 1st g 5a. 1947 F - A 106 Sale 100
97*6 106
109
_
_
128 N ov’ 98
New R iver 1st g 6 s .*,,1932 A - 0
Bt L A Cairo gu g 4 s .. 1981 .1 - J
117% Aug’ 98
Imprvmt A ext g 6 s ... 1984 __ - A
F
Mohawk A Mai. See N Y O A H
F e b ’ 07
C O A T Is g u g 5S....1922 J J 100
~
Monongahela Ely. See B A O
07
97
Scio VAN E lstgug4@ .1980 M -N
9*7%
Mont Cent. See 8t P M A M.1
89
Sale
N A W Ry ls t c o n g 4 b. 1996 A - O
Montauk Ext. See Long Is.
R egistered ............... 1990 A - O
Morgan's La A T. See S P Co.
Sm all......................... 1996] A - O
Morris A Ebbcx. Sea Del LAW
Nor A Mont. See N.Y.Cent.
128 133
133 Dec’98
N ash Chat A StLJlst 7s.’ 13 J -- J
g & L Oh 1st con Os.. 1920 A - 0
2d 0s...................... 1901 J J
105% Nov’97
............... ............
1920 A - 0
Incom e.,,
1st con gold 5 a . ... .. .. 1928 A - 0
100 107%
107 D e c’ 98
Income small.......... .......... A - 0
1st 6 b T A P b . . ..........1917 J - J
O I n d A W . S eeC C C A S tL .
1st 6o MoM M W A A l. 1917 J - J
Ohio A Miss. See BAO S W.
1st gold 0a Jasper Boh.1923 J - J
102 Jan.’ S8
Ohio River RR 1st g OS..1936 J -D
Naah Flor A Shef. See L A N
General gold 5s.. . . . . . . 1937 A - 0
New H A D . S eeN Y N H & H
84 Sep-’ 98
Ohio Southern 1st g 6g,.1921 J -D
N J June HR. See N Y Cent.
9 Sep.’ 98
General gold 4s............1921 M -N
N J Southern. See Cant N J.
8% Sep.*98
Eng Tr Co cerfefs .............
New A OlnEdge. See Pena Oo
82 D e c’ 08
Ora A St L 1st g 4 b. . . . . .1901 J - J
NO A N EprlorUeag6B.1915
73% .
N Y B A Man Boh. See L I .
Ore A Cal. See So Pac Co.
113 Deo ’ 98
N Y Bay Bxten RR. See L I.
Ore R y A N a v ls t s f g 6s. 1009 J - J
N Y Cent A H It—1st 7s. 1903 J - J 114*4 .
118*1 H9*j Ore RR A Nav aon g 4s. .1946 J -D 100% Sale 100*^ 101
114% 114%
R egistered............... 1903 J - J ■114*6 .
Ore Short Line U t g 08.1922 F -A 130 Sale 129% 130%
114% H 4 * '
113*/ 119
121 J’ ne’ 9 8
Utah A Nor l s t ? s ...,.1 9 0 8 J - J
Debenture 5 so f. 1884-1004 M -S "110*4 U0*6 D e c’ 9:
106 113
.. 19201J - J
102 May’ 97
Registered ....1884-1904 M -S ’ 110 .
Gold 5 b. , .
1.00
110 D e c’ 98
D IM

Year

L ow .H igh*

102% 113
101*6 1 1 2 %

108
100

108
106

95

95

U9*6 *30*6
107

107

123

126

121 131
102 106*6
105*4 110
105% 109%
115% 130*1
115% 119%
102 107%
103 107*2

121

121

110
102*4
122
121
!25*4
100
108

115%
107
128
127
}25%
106
108

10 6” 107%
104 104

145 173
145 172%
120*4 130M
110 121%
113*4 116
105*4
90 105
101*4 1 0 1 %

112
112
124
VHX
90%
93
57
. , . 1 .«
88
104

119*
119

102
130
118
117

105
137
128
U «M

83
74%

180
103
101X
70
90
116

97%
90

O

* No price Friday; these are latest bid and asked this week,

OUTSIDE SECU RITIES (G iv e s
Bid.
T e le s . A T H ep h .
Erie Teieg A Telephone,.
8*
Franklin ............... .
40
Gold A S t o c k .,,,,,........... 115
90
Hudson River Telephone
83
Internation Ocean... . . . . . 110
Mexican Telegraph.. . . . . . 200
Mexican Telephone— 10 t 1*4
New Eng Telep—See Bo»t on Hat
Northwestern Telegraph. 112
N Y A N J Telephone.... 157%
5a 1920.................. MAN 110
75
Pacific A A tla n tic.,.........

t Due Jan.

i Due J uly.

a t f o o t ov

Aek. 1
Teieg. A Teleph,
84
Southern A A tlantic.. . . . .
00
W est’ll Union Teieg—N Y
118
E le c t r ic C o m p a n ie s .
Allegheny Co Light C o...
Brush Electric C o............
115*
205
Br’dgprt (Ct) El Lt Co.25
Consol Eleotrio Storage..
i * Eddy Electric M fg Co..25
Edison HI III Co NY—N Y
Edison El 111 Co Brk—N Y
158
113
Edlsou Ore Milling C o....
80
Edison storage C o........ ..

I! Due June,

7 consecutive

i Due May,

K lo c t r ic C o m p a n ie s .
East 'End Electric Light..
EJectro-Pneumatic... . . . . .
Fort Wayne Elec. Co .,25
Seriei A ............... .
General Electric Co—N Y
165 175
Do piief.—See Boston L
40
50
Hartford (Ct) E lecL t Co.
t 41
45
Tlartf’ d(Ct) I,tAPowCo25
9 « 16
Mo Edison E le c m . . . . . . . .
15
Stock Exoh
Do preferred. — .........
Stock Kxoh Narragan. (P rov)E l Co.50
14
New Hi*v (Ct) Elbe Lt-Co
u
RhodelBlanc E ••'Pto Oo,
'
28
30
Bid. Ask.
01
96
Stock Exoh

f Due N or.

pages) . —

80
8
„g%
75
111
89
118

121

102

!t *
l4
^
116

101%

1SI
181
• #*«*««

a These are option sales.

TEL. & ELECTRIC, &c.

Bid. Ask,
4o.

102

%
8o.

Stock Hxc)
1st.
125
t
as’/s
60
61
tx84
•
77
xll8 *4 125

l e c t r i c C o m p a m le a . Bid. Ask.
Toronto (Can) E lecL t Co, 1S5M 1S6W
100
Ihom -H oust W elding Co,
18
13
United Elec LtA P Co pref
85
83
B on d s..................
100
Woonsocket (R I) E l Co,
F e r r y C o m p a n ie s .
3’klyn A N Y Ferry-Stock
B o n d s .............
doboken Ferry—Stock.
I at 6s 1046. . .........MAN
Metropolitan Ferry—5s..
SAud. interest. fPrice

39J£ 40
§ 95
143 . . . . . .
§108 i i T
per sh are

J an . 7, 1899.]
BONDS.

TH E

C H liO N IC L E .—BOND PRICES (5 pages)
WCelt's
R ange or
L a s t Bale.

>;!

■ .Y .8 T O O K E X C H A N G E j i X
W bjsk E n d in g l i i . 6.
-5ft,

R ange
Y ea r
IS 98.

P rice

BONDS.
n .t

.

stock exch a n g e

Page

-S t

F rid a y ,
J a n . 6.

4.

35
Wee&’s
R ange or
L a s t Bale.

Mange.

W e e k e n d in g Jan , 6
H igh
B id . A sh, L o w . H igh,„ No.
Ore 3h L—1st coug 5a.„.l04i:5 < - J ,
J
U l % Sav F A W 1st con g 3s. 1934
104% Oct.5
97
-O
Non-com inc A 5 c . . . . .1940 Sep.;
I s t g 5s..........................1934
85%
*01
Noa-cu Inc B & col tr.. 19401 Oct.;
67-H S olotoV alA N B . See Nor A W
Oswego A Roma- 3 « N Y 0;
Seab A Boa 1st 5s.......... 1926 J - J
104% Feb.’ OS
0 0 ? 4 3 t P. S m C A N W
Sea & B Bdge. See B k ljn EL
105% 4o 102 107% Sod Bay A So 1st g o s ... 1924 J - J
&oCoAstCo—le t gos. 19-40 J - D ' IQ5% Sale 105
F ao o f Missouri, See Mo Pac,
So Car & Ga 1st g 5 s .. ..1919 M -N 103 Sale 102% 103
Panama U t s f g 4 ^ 9
1917; A -O
..... .....
Southern Paciflo Co—
8 f subsidy g 6 s.. •..•«191G|M-lf ..................
Gal H ar A S A 1st g 0S.191O F - A 107 ....... 107 Jan.’ 98
Paan C ogu 1st g 4 % j . . . l 9 2 l J - J . . . . . . . . . . . 118H’ 118^
l 103 116
2d g 7s........................ 1905 J - D
102 D e c’ 98
.. 110 110
......... ........ 110 J*ly’ 9 «
Registered.................1921 J - J
M ex A P a cd lv 1st g 5s.’ 31 M -N 109% Sale 100% 101
Gtd3 % scoltrustreg. 1937 M -!* . . . . . . . . . . . Il02 N ov’ 98
103 103
Hons A T C 1st W A N 7s.’ 0S J - J
P C C A S tL co n g a g 4 % s1st g 5s Int g td .........19S7 J - J 110 ....... i l l ”
iii
Series A .....................1940 A - O
. U S 1141* 114H
~ '
‘
.194
109% 114%
Con g 8s int g t d .......1912 A -O n o
....... 112 D e c’ 98
108 118%
Senes B guar............1942| A - O
, 118 11114 Oct-’ 9b i
G e n g 4 s int g td .......1921 A - O
87% Sale
87%
83
113
N ov*98i
Series Cgu&r............1942 M -K
113 113
Morgan’sL a A T l s t g 6 s .’ 20 J - J
120% Feb.’ 98
104 107
Sene* D 4b ga&r.......1945, M- N 10*3 . . . . . 107 D e c ’ 98
1st 7s.......................... 1918 A - O
127 Apr.’ 98
106%108
Pitta Cln A St L let 7«.10O9 F - A 107^ Sale 107^ 107%:
N Y T A M exgu Is tg 4 s.’ 12 A - O
109l< A p r’ 97!
Registered...............1900|F- A
Ore A Oal 1st gtd g 5s. 1927 J - J
97
98
97
97%
140 141
Pitta F t W i C 1st 7 c .1012 J - J ; 153H Sale 138% 138?s;
S A A A Pass 1st gu g 4s. '43 J - J
78% Sale
77%
SO
140 141
141 NOT'98
2 d 7a................
1912 J - J l
T e x A N O 1st 7s.........1905 F-A
116 Dec ’ 98
3d 7s...........................1912; A-04i
Sabine dlv 1st g 8s.. 1912 M -S
108% N ov’ 9'
i V i j i AprV
97
C BtL A P let oon g 5s.l032 A -O
Con g 5 s ,....................1943
J02%
J 102% Sale 102
41
Registered — . . . . . .1932 A - O
S o P o f A rgu Is tg 8s,'09«10 J -J1 109 ....... 109% 109$
107 109
107 May'93
tfcor A Pitta con i f 7a, 1900! M- N
S P o f Oal I s t g 6 s.’ 05-12 A - O 1 0 9 % ....... 118% D e cJ
9t
Sen g a g 4 % s s e r 's A ,1942;J - J
1st oon guar g 5 a.. 1037 M -N TO0
102% N ov’ 98
*44
Series B .... . . . . . . . .1942! A -O
A A N W 1st g n g 5s.l941 J - J
91 Sale
90
91
Brie A Pitt gu g S%s B.1940 J - J
S P Coast 1st gn g 4s.. 1937 J - J
Senes C.............. .....1 0 4 0 J - J
S Pac o f N M ex 1st g 6 s .'11 J - J ♦109% ....... 113% N ov!98
Gr R A Iex l*tg u g4 % ».1 9 4 l| J - J I
South Ry—1st con g 5s.. 1994 J - J 104 Sale 108% 104% 2*7i
102 Nov'97
Allegh V aigengu gis.1 9 4 2 >1-8
Registered................. 1994 J - J
98 Oot.’98
N 4 C B d gegen gag4% s.'45 J - J '
Mem Dlv 1st g 4*4%-5sl098 J - J T06% .
107% 107% " 6
108 May’97
Fean RR lat real e « g 4s. 19231 M -N |
R egistered ................ 1996 J - J
...................
Con sterling g 8 s . . . . ..1905 J - J j
E Ten reor lien g 4-58.1938 3 1 -S
102^ N ov’ 9S
Con currency 8a r e g ... 1905 Q-M*
R egistered.................1938 3 1-3
. ! ! ! ! ! ! ! ! . ’ !!
Con g 5s...................,..1 9 1 9 M- *
Ala Cen R i s t g 6s___1918 J - J
112% Aug'97
Registered................. 1919 0 - 8 ....................
AG A C h A ir LLne inc.1900 A - O
Con g 4s.........................1943 M-.N
Col A Greanv 1st 5-68.1916 J - J
118 Sep/98
Cl A Mar let g o g 4% s.! 935 M-N
B T V a A Ga 1st 7 s.. . . 1900 J - J
108 D ec’ 98
CTNJ B R A Can gen 4s. 1944 M -3 115 . . . . . . 115% Feb.'08 . . . . i i s i i i i s i i
Divisional g 5s......... 1930 J T J * ... 117% 117 D e c ’ 98
D & BRA Bge ls t g n 4c g-’ 36j F - A
Con 1st g 5s.............. 1956 M -N 115 Sale 115
115%
Bon A Lewis Is* g 4s. .1988 J - J
Ga Pac Ry 1st g 0 s . . . . 1922 J - J *120
125 D e c’ 98
....
Pensacoia A At- .&r*L<fcNaih
Knox A Ohio 1st g 6s . 1925 J - J 119
118% Nov’ 98
95 101%
99 D e c’ 98
Peo D ecA E 1st* 0strr«e-'2O J - J .........100
Rich A Dan con g 6s. .1915 J - J *....... 126 126 Dec J
98
94
90
94 D e c’ 98
Brans D ir 1stg0 s trreo-?20 M- S ......... 96
Equip sink fund g 5s. 1909 M -S *100
101 N ov’ 97
2d g 5s tr rec 1st pd..t928 M- N
15
20
20 D oe'98
Deb 5s sta m p e d ..... 1927 A - O *104% 110 104% D eo’ 98
Peo A Bast. A « Q C C 4 St L
Ylrglnia Mid gen 5s.. . 1933 M -N
no
111 n o
A Pek Un ls t g 6 »...1 9 2 1 | Q -F ' 121 ****** 120 May'98
120 120
Gtd stamped..........1938 M -N * .. ... 111 110 D e c '98
95
8d g 4% «..............PefcL. 19211M- N ' 90
85% 90
00 Sep.’ O
S
W O A W 1st oy gu 4a, 1921 F - A
90 Aug* 9 8
137 N ov’97
Pina Creek reg gnarB«..X932 J - 0
West N C 1st con g 8b. 1914 J - J
118% D e c’ 98
Pitta Cln A St L. Ses Penn Co, |
3 A N Ala. 3*4 L A N .
Spok FailsANor Istg 6s. 1939
P C C A B t u 844 P eao Co. j
!
Fitts crier A T o! l e t « da, -1922 A - O f
107% 107%:!Stat Isl Ry 1st gn g 4%a.l948
,107% Oot-'9S|
Pitt* ACoonellsT- S eaB A O .
,! 3unb A Lew—See Penn RR.
Pitta Ft W ACh- 3*4 Penn Co,
ISyra Bing A N Y . Sto DLAW.
] 121 Not*98 ..
Pitt# Jana l e t f d a .* .... 1992 J - J
121 121
r|'er A o f St L 1st g 4% s.*39 A -O 110%
111% D ec’ 98
Pitta A L Brie—2d * 5» ,. 19281 A-Ot
.................... L 1st oon gold 5A.1894-1944 F - A 111 % .
110 D e c’98
Pitta McK A Yo— lstg n 8s.'32 J - J
...................
St L M Bge Ter gu g 5s. 1930 A -O
108 Oct.’ 97
2d guar 6 * . , . . . . . . . . . . . 1034 J - J
..............
Terre Haute Elec R y g 6 b. *14 Q-J:
McRae A B V 1st g 8a. 1918* - J
................... i T ex A N O. 844 So Pac Co.
T exA P Ry E dlv Istg 6s. L905 M -S
Puts P A F 1st g 5s....... 1918 1J
105% D e c’ 98
11
” 2 i 104
1st gold 5 a .................. 2000 J - D 110
109% n o
Pttts Sh A L B 1st g 5 a..1940 A O ........... 1 1 3
113
U 3H
•A8
S92
...........
48 Sale
47%
49
J ’l y *07
1st consol gold 5s.......1943: J
Mch.
128 D ap. »«8
Pitta A West 1st g 4a... 19! 7 J J
70
93
93
Sa lo
J -J
98X
i e « io o h I
Tol A O C I s t g 5a........1935 J - J 102
104
Pitta Y A Ash 1st con 5s 1927. M
104%
West’ ll dlv i s t g 5 a ....1935 A -O •102 104 102 D e c’ 98
9 7 M 1872
80
7 7 H 80
R eading Co gen. .g .4a... 1097 J - JJ 1 ........... S a le
Registered . . . . . . 1907 J
General gold 5s......... .1935 J - D
Eaftiieiwer A 8ar. 3*4 D A U.;
80V*
Kan A M lat ga g 4s. ..1990 A - O
60V*
Rich A Dsn.
South Ry.
78
78%
Tol Peo A W l i t gold 4 i.l91 7 J - J *78* Sale
56
Jt
9 1 % S a le
91
92
92
T S t L A K 0 1st g 6§ tr.1916 J - D
7 8 % 93
02
__ t
II
95
HI
100
....
99
100
01
9 4 % f Tlster A Del l i t eg 5s. 1928 J - D
Rio Gr 3o 1st g £ -4 s .. . . . 1940 J - J ..........
75
D e c '0 8 . . . .
U nlon Kiev. 3:4 Bklyn Kiev
54
80
Boeh A Pitts- See B R A P.
Un El (Cilia) l i t g 5 * ....1 9 4 5 A -O •103
Rome Wat. A Og See N Y Cent,
Ua Pac—E R A l g g 48.1947 J - J 102% Sale 102?* 103%
Lake
st
8s. 08-13:4
R
.....1 9 4 7
J
m t Oct,’08
Salt o A G I0l1 t g g *t -4 a ’..l9 * 7 ;J --- J .......... " a s " 0 1 % D ec* 0 8 . . . . 0 8 « "H IM Tregistered,..*..,s........ 1018 J --N
tJ
s a 3
08
68
Co otf# g 4%
J
"1 %
M
92 8ale
92
Bt h A AT H, S « Illinois Cent.,
87M
D P DAG 1st o g 5a trrc.'S9
i t L A CaL 3«4 Mob A Ohio,!
»
Cnl N J RR AC Co. See Pa RR
8t L A Iron Mount.
M p.
Utah A North. See Ore S L.
3t L K C A N. 344 Wabash.
Utica A Black It. See NY Cent
Bt i. M Br. 3e* T R R A o f StL
er VaJ Lad A W. See Mo P.
3t L AS F «d g 8s Ci A . .19001*1- N 111
U B i* 1 14
1 14
5 111
1 1 6 % V Irglnta Mid. See South Ry,
•dgold 8s Class B .....1 9 0 8 f> l- N H i
115
RR Co Is tg 5s.. 1939 M-N
114% D ec ’98
1 1 1 1 * 1 1 8 !*
W ab2d gold 5s............1930 F - A 113 Sale 113 113%
04
04%
2d gold 8s Class C ..r . .1908 M- !S 1 11 1 15
114% D ec ’90 . . . . u i H u e s J
94% Sale
1st g 8# Pierce C A 0 ,.1 9 1 9 'F - A ...........
Debenture series A ... , 1939 J - J
240
1 22
3 2 114
Oeneral gold 8 a . 1031 J - J 1 33 S a le 1 2 2
33%
85
85 Sale
Senes B.......................1930 J - J
1 25 1
107
9 8 ^ 110
GeaoraJ gold 5 a .*.*.... 1931! J - J
. . . . 1 09
1071*
l i t * 5s Det A Oh Ext. .1941 J - J 1 0 5 % ....... 108% D e c’ 98
5
109%
02^, 1 00 I StObas Bridge I s t g 6s. 1908 A -O 109% Sale 109%
l i t trust gold 5 s .. . . . . . 1997'A - O J 00
100
N o v ’98
105
112
O ct. *97 . . . .
Warren RR. 344 Del L A W
O , 1 07
» Mid I s t g 4 s ... 1937 J - D . . . . . .
Wash OA W. S u Southern
8t L A A F HR g 4s. . . . 199rt!J - J ........... 85
3tf
8 6 | West N Y A Pa—1st g 5s. 193* J - J
108 100 108% 108%
82
s a i*
60
54
55%
55
50
Boet.hw Dtr 1st g 5 s ... 1947! A - O ...........
Gen g 8-4a..................... 1943 A - O
00
98%
M J*
S
H
15
15%
0t L Bo. 8*4 Illinois Ceot15% 16
Income 5 s....A p ril, 1943 Nov.
fit L 8 W 1st g 4s bd el*. 1089!.tr­ N ' 9 5 « S * l*
86
n e
70
8 5M West No Car. See South Ry.
« V
ad g 4* Ino bond o t fs ,, 1989 J - J|
*5
45%
S a le
40%
See Cent Pac.
25
*1H| Western Pac.
f t Paul City Cab. c g 5s. 1937 j - J
N o v ’97
. . . . . ........... 00
W Chic 8t40-yr 1st cur 5 s.’ 28 M-N
99 Deo ’97
Guaranteed gold 5 «...1 9 3 7 :;J 4n or oon g 5a.......... 1936 M -N
f t Peal A Duluth l i t 5*„ 1031 F- A 1 20 1 2 5
D e c 'flS ! . . . . 1115
121
vv eat Shore. See N Y Cent.
121
1 15
112% D e c ’ 98
105
2 d 5 * .......... ......... . . . . . . . . 1 0 1 7 A - O 1 13
I t 2 % \V Va A Pitts. See B A G .
113
W Va Cent A P I s t g 6s. 1911 J -J 118 Sale 113
8 1 Paul M A M 24
1909 A- O 1 2 1 %
124
D e c ’0 8
J20
u i
104
104
B acota ext gold 8 s . . . . 1910 f M- N 1 20 %
124
1 1 8 % 1 2 4 % Wheeling A L E 1st. g Cs.1926 A -O 104% 105
D e c '0 8
104% D e c’ 98
1st ooosoi gold 8 s .. . . . 19331J - j ..............
Trust Co certliioates........ ..
1 3 8 % D e c ’9 8 . . . . 128
1385S
10C Sep.’98
R egistered...........
1033 J Wheel Dlv 1st gold os. 1028 j - J
92% Mar *98
I t 0%
28 i o i j i u i i i
Extea A Imp gold 5s. .1930 F - A
U 2%
1181
57% D ec’ 98
52% .
106% M ar 03
Consol gold 4a..............109« J - J
.1 . . . . .
rfoat B x t 1st gold 4 s.. 1937 J - L> 1 04
1
f l e c 'DS
fla w i o i m Wilkes A East. See N Y 8 A W
WU A Sioux i< See St P M A M
\
(iagUt-ered........
90
90
96
1037 J . D
F ob . '9 8 . . . .
.....
Minn C nlon 1st g 6 s... 1922 J - J * 1 1 0 % . . . . . . 1 2 2 % J a n .’ HS
1331* Winona A 3t P. See 0 A N W
34 N ov’ 97
W lsCeatCo ls t t r g 5 g ..1937 J - J
lion tC l i t gu a 5s---- 1937 J - J . . . . . .
130
O cu ’98
i UHi 182
61%
64
62% Sale
1 15
A n r ’ 97
Engraved trust certificates.
R egistered . . . . . . . . . . 1937 J 7 Nov’ 98
Income a s.................... 1037 A -O i
ist g aar gold 5#.*... 1937 J - J 1 1 0 «
1 1 2 % 8 e p .’ 9 8 . . . . 1 0 7
iia iil
R e gistered .................1937 J GAS A ELECTRIC LIGHT BON DS.
105% 110%
KM l t t d l r litg S # ... 1908 A -- O 1 1 2
iio '
...........
Atlanta G L Co 1st g 58.1947 J - D
R egistered ..........,..1 9 0 8 A 91% Oct.’ 98
Bos U Gas tr ctfs s f g 5a.. '39 J - J
fFlIi A B F Is tg 5 s , ...1938 J - D 1 1 1 % . * . , . . 113 A u g ’ 98 . . . . 1 1 3 1 1 3
Bklyn U Gas 1st con g 5 s..’45 IVI-N ♦n e " i i 7 ’ 110% 110 %
R e g i s t e r e d . . . . . . .1938 .1 C h G L A C C o . See P G A CC o
t P A Nor Pac. S4i Nor Pac
........................ Columbus Gaa 1st g 5s. .1932 J - J
P MAO
i t PA 8’ xC ity. 3*Jon Gas Co. See P G A C Co.
3 A * A P. 844 i Pac.
105
95%
90
96 8al«
1 ...................j Detroit City G.ts g 5s. . . . 1923 J - J
1 0 0 % O ct.*9 7
9 f i n p 1st * ;
L ow . H ighA N o
108% 108% 10]
S5^
If
a s i,
s e n 48 j

L ow .
96
53
39

vv

J

Ja*
'n '9

7

J

01
H

<price Fn !

O U T S ID E

latest hid and asked this week,

S E C U R IT IE S

A
F e r r y C o m p n n l* » . | Bui. | sin
iff J A N Y Perry—rftdcis..
1ft 5s 1048............. JAJj $10$ r106 1
Jf Y 4 E R Ferry—Stock, j 78 ] 7»H
Bonds 5a o f 1 9 3 2 .. ... ..1 « 7 ; 100
A
30
N Y A 8 B Tran? A Ferry
Bond*. 5*. o f 1 9 0 6 .....! 4 83 ■ 92
10th A 23d 9t* Ferry.......
90 1 93 1
1st mnrr.5# 1010...JAD .4105% 107
Union Ferry—Stock.........
45% 46
1st 5a lrf20........... MAN !»t"2 :103
? Buyer ray* accrued! in‘ore St.
tP rlce per share.

( G iven

Y ea r
1898,
Low.H ighz

10 4 u

io m

92

102%

107
100
92

107
105%
100%

107% i i s ”
105
113
76% 87%
127

127

75
98%
55% 81%
no
116 %
’ 96%
100%
108%
92%
81%

104%
112%
118%
102%
92

105%118%
87 108
98
98
103 107
96

102%

118
105%
112%
107
118
112
118

118
108
117
115%
125
118%
127

95
100
102
87%
110%

105
111
110
SO
118%

109 112%
105% 110%

105%
90%
28
117%

110%
110
50%
128

102

100%

102

105

76
09
80
98

82%
80
92
104

88% 105%
98% 99%
44
03
48% 88%

104%114^
74% 25h
21
97

10 8 %

39
108%
no

103 111
47% 59%
10
20%

100%
100
00
92%
35

108
104%
108
92%
57%

33%
4

04%
7%

90% 91%
109%117

89

99%

t Bonds due June, t Bands due July. j Bonds due March, i uonds due Jaa. SBonds due Nov
|

at

foot

of

illMiiUnnciOHH. Pur.| Bid.
■vefcer MerralJ & Ccm. lOu
8
km Air Power o f N T , 100
Vmeric’i; A xe A T o o l, 100
18%
lin er Bank Note C o .,.50 h 36
^merioan Brake C o.. 100 106
50
Araer. Caramel—Coin---Preferred....................... 100
\mer Groc—1st pref.100
\mer Malting Co—See St ock E
Pneumat T ool Co. 10 *05
irner Pres.** Assoc’n. .100 10 j
American Scre^r.........250 t l 15

7

Ask.
mo
38
27V*
41
no
10 2
0

x list
TO
105
140

c o n s e c u t iv e

pages)

.—

FERRY

M lacel(M ineon n. Par. Bid. Auk.
vgj 8fookeitM*» Pi*w«. kkj
...... '
2
5
Vtu Soda Foun—Com . 100
45
48
1sf. prefen'ed.. . . . . . . 100
10
2 1 preferred........... 100
12V*
Amer Steel < Wire—Set St'ok Ex I’ fc
fc
\mencAii Surety........ 50 183
A mer Tin Plate—Com—
4 is* ' i i u
Preferred .....................
» ? « 98)*
Subscriptions................
50
52
km T ypefo’rs—Stock. 100
Voter Sewing Machine.. 5 t 2
33
Voter 3 traw b oard....l00
33 H

< M IS C E L L ’ S
&

M Ia ce iin n e o u w . Par.
\ mer W ri uger com. .,100
P re f........... ....................
• mer Graphophone.. .J O
%
Preferred ........... .,,.,1 0
Anderson (John) Tob.100
Automatic V en d in g.,.10
liarney&Sm Gar-Com.100
Preferred................. 100
08 1042.................... J&J
Bergu & Eng Br—See Phi
1st 08.............................
$And interest,
tPrlce

Bid

Aik102

114
12% *13'*
15
■ 14
12 %
10
2%
15
70
100
1 list.
.
113
no
per sh are.

TH E
P ric e
F rid a y ,
J a n . 0.

BONDS.
N Y. STOCK E X C H A N G E
W b k k E n d in g J a n . G.
Det D u Co eon ls t g 5s.. 1918
Bd K1 1 1 1st couv g 5 s .. 1010
1
1st eon g 5a...
Bd B1 1 1 B’ klfn 1st g 5s. 1040
1
Registered............... ••*' W o
I q Ou LN Y 1st con g 5s .. 32
■q G Fuel. See P G A CCo.
<2n Kleo Co deb g 5 » . .. 1022
Gr RapG L Co 1st g 5s. .1915
O Mo Gas Co 1st g 5s 1022
| »0 G a sL C o o f8 tL ls tg 5 s 10
Small b o n d s...........1 9 1 0
Mot Fuel l ) u Co See PeopGw
P .0 G u * O 1»t g o K6a.. 1904
2d *td « «»••................}S ?1
let conaol ft be.............. J84»
Refunding g 58............
Registered................ l « t j
Oh G -L *C k e 1st frag 5s 37
C onO C o o f C h lstgag5s 36
B q G * KCh ls tg u g a s . 05
M uF uelO nalstgug5.1847
vgeetn Gas Co col tr g 5s... 33

C H R O N 1C L E .-B 0N D PBICES (J pages)
S
Week'll
R ange o r
L a tt Sale.

A$k. Loxo. High.
94 Aug’ 98
111%
u i%
120%
121
113% J’ne’97
....................

Bid.
K -A
>1-8
J-J
A -O
A -O

>1-8

111% Sale
120% Sale

109
J -D
F- A
A -O
Q-F i * i o < T ! ! ! ! ! ! 107**
Q-F4
M-N
J -D
A -O
M -8
M -S
J- J
J -D
J-J
M-N
M -N

ill
105%
124
100
109

8ale

R a nge
Y ear
1898.

fa
4$

BONDS.
N. Y . 8 T O C K E X C H A N G E
W e e k E n d in g J a n . 6.

Low H igh
90 103
s 108 112%
10 114%120

109

...................
l

96

1*07% ’ *8 io o
Nov’ 97
Dec ’98
D o c’98
D e c’98

110%
id ?”

id s iio %
115 124
104% 100

102
111% D e c’98
45 101
107% 109
105% Oct.’ 98 *,*i 102
100
105
105
101
101 M ar’ 98

111%
10«%
108
100
101

m i s c e l l a n e o u s b o n D3.
8 93% 105
104% 104%
dares
a *8.1948 M -8 104%105
102% 10v%
A m CotEx—Col tr8s. . . 1900 Qu-K
108 D e c’ 98
Oil deb g
am D t A Imp 5s. S «O en N J
90
85%
85% 10 04
85% Sale
Am Spirits Mfg 1st g bs. 1915
T » a r 4 8 C a r C o l« t g B s .l0 4 2
3 84 io’ 6%
92%
02%
O i l, W A W II ls t g 58.1945
H a h Coal Min. S eeT C I A R .
109% F eb ’ 97
G h lc J o 4 StVd co lg 58.19151
Non-cum. Incomes os 1W <
U
Clear) Bit Coal. S eeN Y C 4 H
95 105 ,
100 N ov’ 98
Col C 4 I 1st con g 6a... 1900
001C 41 De» Co gug 5s.. 1909
Coupon off....... a...........•• •
••
103 Nov'98
100 104
Ool Fuel Co gen gold bs. 1919
*08 79
37%
87
88
38 Sale
co l F 4 ICO gen 3 f g o s . 1943
101%105%
103% Nov’ 98
Com Cable Co 1st g 4e.. .239<
104 104
104 Feb.’OS
Registered....
1,
.
C 41.
D e Bardel C 4 1S «oreRx bonds
el 4 H Can.
R
24
21
22% 29 10
21 Sale
Det MAM Id gr 3 « l 3 A .1911
100% D e c ’ 98
98% lu6%
■ r te T 4 T o o lt r g s f5 s ...l9 2 6
95% Jan.’ 97
Gr Rlv Coal 4 C 1st g 6s. 1919
Hack Wat Reor ls t g 5s. 192b
..................
111 Aug’ 97
Hand B Co 1st s f g 6s...1931
Hoboken I, 4 I g 5s.......1910
100 Deo '98
i o o lo o
1 1 Steel Co d e b 5 s ..... 1910
1
70 A p r’ 97
-L Non*conv deben 5s... 1913
Iron SteamboatCo 6S...1901
107 May’ 97
Jeff A Clear C 4 1 1st g 5s 1928
80 May’ 97
2d g ...............................l fl28
102 J’ l y ’ 97
Y f ad 8a Gard'nlst g 5S.1919
M e t T 4 T ls t s fg 5 s .l9 1 8
Registered.................. .1818
8 7 « .... 98 D ec ’98
95
98
Mich Pen Car Co 1st g 5s.‘42
Mot Un Tel Co. Stt W n Un.
103 Sale 103
104
03 102 109
at Starch Mfg Co letgbs'20
N wpt News 84D D 58.1990
N Y 4 N J Tel gen g 5s o r .'20
........ 95
N Y 4 Ont Land 1st gbs.1910
NoWeetnTeleg. S «W est.U n.
Peoria Wat Co g 6a.. 1889-19
.......................
..................
PI Valley Coal 1 st g be. .1920
No price Friday; these are latest bid and asked this week.

O UTSIDE S E C U R ITIES (G iven
M is c e lla n e o u s . Par.
Blackwell s Durh Tob.25
Bliss Company—Com.. 50
P referred.................5 0
Bond A Mort G u ar... 100
Carter-Crume—Pref. .100
Celluloid Co................. 100
Cent America Tr’nsit.100
Cent Flrew'rke—Com. 100
Preferred................. 100
Chateaugay OreA Ir 6s ’ 15
Ches A O Grain El—In c..

4s.................................

Bid. Ask
t 12% 20
t 55
t 60
210

ft*

80

5*
25

8

35
40

W*

Chesebrough Mfg Co. 100 845
92
Claflln (H B )-lst pref. 100
2d p r e fe r r e d ........ 100 90
Common—See Stock Ex list.
Clark Mile End Thr’d. 100
75
Oollina Co.................... 100 113
Color. A South 4s—See Sto ck Ex.
Comstock Tun—1st lnc...
2
Con so IId Car Heating. 100
35
Consol Firew'ks-Com.100 ........
Preferred................. 100
40
Con Kan C Smelt A R ef.25 t 2 1%
Consol Rolling Stock. 100 23
Contln. Tobac. Co-.......... I 41%
P re fe r re d ...,,..........
82%
Cramps* 8h A Eu Bldg.100 70
Diamond Match C o... 100 149%
Busier Land..................................
Eppena 8m A W lem ..100 ........
Eastman Kodak C o... 100 100
Brie A W .stern Trans.50 t 38%
Federal Steei—See Stock Exch.
Fidelity A Casualty... 100 250
Fidelity A Dep (B alt)..50 t 70
Galveston W h a r f-1st 5s. 99
Genesee Fruit............100 .........
German Am Real Eat. 100 25
lncose 8ug Ref-Com.100 See St,
Preferred. 100—See Stoc k Exc
Goodyear Shoe M ach..25 t 88
Gorham Mfg Co-Com.100
Preferred................ 100 114
Great Falls Ice...........100 120
Hartford Carpet Co.. 100 01
Usek-Jones-J MIU-Pf.100
55
1st 6s 1922........... MAS
94%
Her'g-Hall-Mar-Com. 100
Preferred................. 100
Hoboken Land A Im p't., 100
5 s .................................... 105
International Elevat.100
75
International Navlg.,100
International PaperlOO) See St
Preferred............ 100) Exch
Bonds 0s.......................... 112
Internationa] P u lp ... 100 .....
Ialernationl Silver—Com
22
Do
do
pref.
*7%
Do
do bonds. I 99%
Iron Steamboat..........lo o
0s 1901.........
JAJ
50
John B Stetson—Com. 100 40
P referred................. 100 105
Jooruea; A Burnham. 100
Preferred................. 100 45

I

ft*

340
97
95

List.
4

40
10

at foot of

M is c e lla n e o u s . Par. Bid
Knlckerb’r Ice(Chtc)—See St Ex
Pref. (when Iss’d )—See St Ex
97
Knlckerb Ice—Bonds 5s..
100
Lawyers’ Title I n s .... 100 148
Lorillard (P )—P re f...100 116
Madison Sq G—Stock. 100
25
2d 0s 1019............MAN
t 20
Merch A Miners’ 8 8.. 50 t 60
30
Mech’ ntcal Rub-Com.100
Preferred.................100
75
Mergenthaler Linot.—See Bosto
Meriden Britannia Co.. 25 t 15
Mich-Pen Car—Com .. 100
22
Preferred.................100
82M
1st 5s 1942............MAS
99
Minneapolis Brew 1st 7s. 1 0 4 *
Monongahela W ater...25 t ........
Nat Biscuit—See Stock Ex List,
National Casket C o ... 100
48
National Saw—P ref. .100

25
National Wall Paper. 100
26
4 1%
82% N Y Biscuit 8s 1911.M&8
New Jer Zinc A Iron.. 100
78
N Y Air Brake—See N Y S
20c. Nicholson File Co........ 50
Nicaragua Construct. 100
75
110
Otis Elevator—C om ........
Preferred........................
40
Peck, Stow A W ilc o x ..25
list.
Pegamoid, p re f..........100
72%
100
Peuusylv.Salt—See Phlla.
Penn. Steel—See Phila. lis
30
5s 1917.MAN.................
Ex.l’t Penn. Water—C o m ....50
h.list. Phil A Wll Steamboat.50
40
Pneumatic Gun Car’ge. 10
100
Pratt A Whltn—Com..l00
118
Preferred................ 100
Procter A Gam ble... . 100
P referred................ 100
00
90
P referred................ 100
1%
12 % Safety Car Heat A Lt,l00
Schwarzchlld A Sulzb.100
Semet-8olvay deb 5s.......
80
Simmons U ’rdw-Com.100
105
Preferred.................100
oek
Singer Mfg Co............100
list. Standard Oil...............100
St-an.Dlst. A Dis.—See Sto
I Preferred — See Stock
25
Stand Und’rg'd Cable.100
88
SlossI&Slstbs 1817.F4A
100
Southern Cotton O il.. .50
10
8tat Isl R T 1st 6s'13AAO
00
2d 5s 1920............... JAJ
.StUlw-Blerce A 8m-V.100
115
Swift A Co.................. 100
15 1 1st 6s..............................
55
Susq Coal 0s 1 9 1 1 ....JAJ

Ask
List.
List.
152
119
5
35

n list.
10%
23%
83
100
107
100
54
25
190
75

08
50
114 110
105
took K xch.
t 2 1 * 20%
7 * 10%
37% 38
S 4 « 85
t ib
35
55
340
Ex. 1 st.
1
t.
100
0
t 5
t 00
70%
3
4
8
4%
30
42
250
178 185
30

40

103
42
101
128
120
408
430
ck Ex.
Exch.
110
03
t 39
107
00
90
97
1100%
117

iio
40
103
130
124
415
432
List.
120
45
70
98
99
108

B id.

U. S. GOV. SECURITIES. ( For
U S 2s registered — Optional Q- M
U S 3a registered............1 9 1 8 ........
U 8 3s coupon ............... 1 9 1 8 ........
U S 4s registered............ 1907 Q -Jt
U 3 4s cou p on ................. 1907 Q -Jt
U S 4s registered............ 1925 Q- F
U 3 4s cou pon ................. 1925 Q- F
U S 5s registered............1904 Q- F
U 3 5s cou p on ................. 1904 Q- F
U 3 0s cu rrency.............. 1899 J - J
U 8 4s re* certs(Cherokee)’ 99 Mch
STATE SECURITIES.
Alabama—Class A 4 to 5.1906
Small........
Class B os...................... 1900
Class C 4s.......................1900
Currency funding 4s...1920
Dist o f Columbia—3*65s.l924
Louisiana—New con 48..1914
Sm all...
Missouri—Funding. ..1894-95
Nortn Car—Consol 4 s ... 1910
Sm all...
0s.................................... 1919
So Carolina—4%s 20-40.1933
Tenn—New settliem’t3 s .l9 1 3
Small....................................
Virginia fund debt 2-3s.l991
R egistered.......................
0s deferred bonds...............
Trust receipts stam ped....

A sk

Loxo. H igh . y 0

101

L o w H ig h
113 118

F e b ’ 97

85 Sale
25% Sale

84%
23%

101% Sale
100 102

101%
102 %

85% 12 0
25% 026
l n4%
103%
97
117

97*** Sale ' 90 **
110% Sa.e 116%
104 ........ 103
105
■
i*a*4*'!!! !! !

51

11

a*

79
79

103%
106

*8*8*’ '*07**
111% 117

N ov’ 98
M ar’ 98

103
105

107
105%

112% Sale ' 112 % H 2%
111 Nov’ 98

105

115

111

112 %

daily retard see seventh va
receding.')
99%
99% ° 14 98
997/6 Sale
99%
106% 107%
106% lo7
13 104% 107%
107% Sale 107% 108
225 104 107%
112 113 112
112% 00 106 113%
U 2% l ’ 3%. 112 % 112 % 12 107 114%
12w 139% 129
129
10 110% 129%
129 129% 129% 129% 50 117 129%
112% 113% 112% D e c ’ 98
109% 112%
112% 113% 113% 113% 50 109% 115
102% 104
102% Oct.’ 98
102%

108 .
107 .
J - J 109 .
J - J 103% .
J - J 102% .
F- A 118 .
J - J 107% .
J -J

J - J
J -J
J -J
A -O
J -J
J -J
J -J
J -J
J -J

R ange
Y ea r
1 89 8 .

W eek's
R a n g e or
L a *t Sale.

P rice
F r id a y ,
J a n . 6.

If

Procter A Gamb l s t g 0 s ..’ 40 J - J
8t L Ter Cupples Station A
Prop Co ls tg 4 % s 5-20yr’ 17 J - D
9 Yuba W at Co con g 0 s ..’ 23 J - J
Sp Val W at Works 1st 0 s.’ 06 M- 8
Stan Rope A T 1st g 0s.. 1040 F - A
Income g 5s..................1940
Sun Ck Coal 1st g s f 0S..1912 J - D
TennCoal T Div ls tg 0 s . 1917 A-OE
Birm Div 1st c o n 0 s ...1917 J - J
Call C M Co 1st gu g 0s..’ 22 J - D
De Bar C A I Cogu g 0 s.’ lO F - A
U S Death Co s f deb g 0 s .’ 13 M-N
V t Marble 1st s f 5s.......1910 J - D
W est Union dob 7s. .1875-00 M-N
Registered..........1875-1900 M-N
Debenture 7s.. . 1884-1900 M-N
Registered.......1884-1900 M-N
Col trust cur 5s...........1938 J - J
Mut Un Tel s f ’d 0 s ... 1911 M-N
Northwestern Tel 7 s ... . ’ 04 J - J
W h L E & P C Co 1st g 5s.’ 19 J - J

[VOL. L X V III.

P a g e 5.

108% .
'101

130
103
95

.

.
.
.

108%
105
108
104

N ov’ 98
A ug’ 9S
Sep.’ 98
N ov’ 98

118 N ov’ 98
106% N ov’ 98
100% M a r’ 98

108%
105
105%
98

109
108
108
104

115
100
98

118
106%
100%

N ov’ 98

lo i

104

128** Feb."’ 98

128

128

98 D e c ’ 98
93% N ov’ 98
82%
82%

87
87
05

98

104

82

7% D e c’ 98

88«
9

iH

UNLISTED BONDS.
71
Atch Col A Pac 0s tr ctfs —
32
69% D e c ’98
Atch J Co & W est 0s tr ctfs.
7 " D e c ’ 98
B & O pr lien 3 % s(w i).1 9 2 5
98% 98% 9*%
99
897
1st mort 4s (when iss).194S
99% Sale
99%
99% 450
Col & South 4s (when issued)
87% Sale
86%
87% 830
Comstock T u n in c 4 s ....i9 1 9
4 N ov’ 98
Ohio A Miss co n ......................
104 Aug’ 98
Second A ve (N Y) 1st 5s. 1909 M -N
109% 109^
109% Jan.’ 98
Pittsb & W est 5s tr ctfs........
57% 573% Oct.’ 98
t Bonds due May.
I Bonds due April.
|Bonds due Janaary.

7 consecutive pages) . — B A J V E S & M I S C E L L ’ 8 .
M is c e lla n e o u s . Par. Bid. A s * .
Term Wareh—Stock.. 100 ......... 10
70
70
Texas A Pacific Coal. 100
59
03
1st 6s 1908............AAO 102%
Title Guar A Trust ..100 285
10
Trenton P ott—C om .. 100
13
Preferred.................100
55
00
Trow Directory-New. 100
00
50
Union Switch A Signal.50 t 66
08
f .........
Union Typewr—Com. 100
20
23
B anka.

Bid.

N. Y. CITY.
America*___ 370
Am E x c h .... 170
Astor
350
Astor Place* 220
B ow ery*.... 280
Broadway... 215
Butch’s&Dr.. 02
Central
100
Chase.. _ 800
_
Chatham . . . . 295
4000
Chemical.
Citizens’ .
135
C ity ........
1200
Colonial*
150
C olum bia*... 145
Comm erce... 205
Continental . 125
Com Exch*.. 250
East R iv e r.. 130
11th Ward*. 225
F ift h ............ 225
Fifth A v e * .. 2500
First..
2500
First (St l8l)
Fourth
100 "
14th Street*.
Franklin......
G allatin....... 300
Gansevoort*.
Garfield........ 1100
German Am* 110
German Ex*. 235
Germania*... 850
Greenwich*.. 160
H amilton*... 120
Hanover,
480
Hide A L'ath 100
H om e*......... ISO
Hudson Btv* 100
Imp A Trad. 450
I rv in g .......... 155
Leather Mfr. 150
L ib e r ty .!.... 150
L in c o ln ..,.., 750
Manhattan*. 2 1 0
Market A Ful 200
Mechanics'.. 100
Mecb A Tra*

Ask.

305
4200

180
100

490

101

B anks
Mercantile ..
Merchants’ . .
Merch Exch.
Metropolis*.
Mt Morris*..
Mutual*..,
Nassau*...
New Amst.*..
New Y o r k ....
New York Co.
N Y Nat Ex..
Ninth..........
19th Ward*.
North Amer.
Oriental*..
P acific*....
P ark.. . . . . .
Peoples’ * ..
Phem x....
Plaza*........
Prod Exch*..
Republic —
Riverside*.
Seaboard___
Second .. .
Seventh..
Shoe A L e’th
S ix th .......
State* . . . . . .
State o f NY*
Tradesmen’s
12th Ward*..
23d W ard*...
U n io n .......
Union 8q*...
W estern ....
W est Side*..
Yorkvllle*..
BR’ KLYN.
B edford*...
Broadway*.
Brooklyn* ...
8th W ard*...
5th A v e * ....
First.. . . . . . . .
Falton*.........
Ger Amer*..
Hamilton*...

M i s c e l la n e o u s . Par. Bid
Un Typew— 1st p ref..i0U 101
2d preferred..............100 100
U S Glass—Common.. 100
23
P referred ..................100
U. S. Oil—See- Boston list.
U S Projectile C o.......100
W agner Palace Car. ..10 0 179%
W elsbach Light—See Phil a. list.
W estingh A ir B ra k e ...50 1108
W illim antic Linen C o.. 25 t 25
W orth’t’n P ’ mp-Com.100
30
P referred ..................100) 101%
Bid.

Ask.

170
140
115
100
100
150
280
220

1400
95
70
140
150
170
395

no
175*
405*

200

90
330
119
150
182
450
135

100

100

104

300

108
120

100
245
170
140
275
190
215
190
125
104
580
180
90
105

200

130
95
107
890
200

100

Banka.
Kings C o*....
Manufact’rs.
Mechanics*..
Mech A Tra*.
N assau.........
Nat City......
North Side*..
People’ s * ....
Schenn’rh’ n*
17th Ward*.
Sprague
20th Ward*..
Union*.
W allabout*..

Bid.

100
181
104
40
102 %
A ik .

100
200

195
250
280
330
160
190
140
105
200

140
115
105

T r u s t C ost
N. Y . CITY.
Am Dep A L.
Atlantic T r .. 150
Central T r’st. 1470
320
Colonial.
C ontinental. 220
Consolidat’ d.
Farm Ln ATr 1025
Fifth A ve Tr 335
Guaranty Tr 470
Knick’rb’ck’r 310
Manhattan.. 170
Mercantile .. 500
Metropolitan 320
N Y L I & Tr 1275
N Y Sec A Tr 420
North Amer.
Produce E x. 208
Real Est T r’t 2 2 0
State Trust.. 215
Union Trust, 1120
U S M tg A T r. 385
Dmt. States.. 1320
Washington. 240
B R ’KLYN.
Brooklyn Tr. 400
Franklin.. . . . 22*
H am ilton .... 295
Kings Co...... 390
L Isi L A Tr. 2 2 0
Manufact’rs. 235
N assau......... 164
P eople’s ....... 250

* Banks marked with an asterisk (*) are Mate banks
i Pnroheser also pays accrued interest.

Ask.
108
103

200

345
175
195
150
115
145
115*

165
33*5"
1000
335**

400
225
170

tP rlce per snare

AN U A R Y

THE CHRONICLE.

18*9,]

87

Boston, Philadelphia and Baltimore Stock Exchanges— A Daily and Yearly Record,
^
Saturday,
Dee. 31.

S h are P r ic e * —N ot P e r C e n tu m P r ic e * .

Monday,
Jan, 2.

Tuesday,
Jan. 3.

J a n . -1.

3 « II«
.3

346
250 242
30% 61
8014
326
........ »M 0
171
171 170
125
126 1 8 4 *
132*142
141*
1 24 * 1 2 4 * *124
1 2 0 * 120*1*181
29% SO*
30*
44% 4 4 *
5 7* 57*
107 107

4
4

27
6

i
I

05
26*

6

■
•85
43* 42*
77*
* 7 7 * 7 7 * ' •77
190 •198 200

•85 ........
43* 43*

*41
43
0 1* 01*|

12 11 7*16
’ 11*16 27
14*
4 2*
73*
31*
90

35

32*1
90

*73*

27 4

74
64 J

93*
rt!5

8 5^
640 840
08
. %
33
S3
58*
i%
83
85

2 7 1*

121 1 2 6 * 123% 12
0
111 112 111 111
2-4 247 * 275 275

?**

***

23*
39*

2 3 * *23
40
3»K
7(*
I'd
* ....... 133
133
35
40
35
23* 24*
94%
1 27 *
1J7H
40
3d
*
39%
3 9 * 40
•i
l*
40
40 ; 39
63
83
no sale was 'made.

INACTIVE STOCKS

Bid.

R A I L R O A D A —Fricks

Jan.

8

A t Top A r e . . ( Boat) i 00
ktl A Chari otto ( Bait) 100
Bait A O all pd.
100
Bos A Maine pf. (Bost) i 0C
Boston A P rov. '* 100
Gatawlssa........(P h il) 50
1st pref.......... 4
4
50
Central M ass...(Bost) 100
Pref-................. “ 100
Central Ohio, . . iBait) 50
Cfale A W Mich.i Bost) 100
Clt*s St o f IndsT(Phl]> 100
City A Suburb..(Bait) 50
Conn A PassomCBost) 100
Corns R iv er.. . .
100
Flint A Pare M„ «
100
Pref. . . . . . . . . . .
100
0'rm ant‘n Pass (Phil) 50
Hestonv M A T
P r e f.......... .
Hunt A Broad T
P r e f.......... .
K C r t s A M .. (Bost) 100
P r e f.............
100
L ittle Sehuftk.iPhli) 50
Maine C entral.!Bost) 100
Metropot S t!...(P h U ) 100
Mlnehili A S H .
50
Nesqaehott’g V. *
•
50
New England..(Bost) 100
P r e f...............
100
North P enn....(Ptall) 50
Wo A W Branch
50
50
Penn A N W ...
Phil A E rie-..-.
50
FbU Germ A N.
50
Uni tod N J .......
100
50
United Tr o f P.
P r e f............ .
“
50
West End pref.(Bost) 50
West Jar A S S . (PhU) 50
50
W estN Y A P a .
W lecoo CentraI(Bost)100
P r e f.............
“
100
W or Nash A R100
MI9CBLLANEO U3.
Alio nex Mining (Bost) 25
Am By JB L t-l.(P h ll) . . . .
Anaconda Mtn. (Bost) 25
Anniston Land.
too
Arno id Mining.
25
A sh B ed M m 'g. •
*
25
Atlantic Mln’g. 4
4
25
Baltic Mining..
4
19
Bait W ereho'se(Bait) 20
Bay 3tafceGasT. (Bost) 50
Berg A Eng o r ’wf Phln 100
P r e f.......... .
”
100
Boston Else L t(B o s t) 100
BoirtonL&f..]...
10
Boylston St L 'd
15
Cambria Iron ..(P h il) 50
Canton C o ......(B a lt) 100
Oenten Mining. (Bost) 25
Central T rans,. ( Phil) 38
Do toin Coal p f. (Bost) 100
100
BdWoaEB 111. - Ft Wayne Elect
25
Franklin Min g.
25
French Bay Ld.
5
General E lect..
too
100

4
4

4
1
4
4
4
4
4
4
4
4
4
4

4
4

4
4
4
1

4
4

4
4

4
4
4
4

18

120

*0

Ask.
.
18*

6

163
883
52
8

55
U
14
27
154
250 360
17
18
45
44
137
42
71*
18
40

10

30
52*
140
191 192
57* 59
54*
35
99

;

2

STOCKS-BONDS
M ISCELL.-Concluded.
I n tB u tH A S M 4
4
10
M&raden p ref! (Phil) 100
MergenthiUer..f Bost) 100
Morris C anal...(Phil) 100
4 100
P r e f............... 4
Osceola Mlnlng(Bost) 25
Palmetto C o....(P h il) 85
Parrott SUACopi Bost) 10
Pennsyi S a lt...(P h il) 50
Pennayl S teel!. 4 100
4
P r e f ! ............. M 100
Philadelphia Co(Bost) 50
Pullman's P al.. ** 100
Quincy Mining. 4
4
25
Reece Buttonh. 4
4
10
Santa Ysabel G 4
4
5
Tamarack Min. 4
4
25
United El S ee.. 4
4
50
W afer P ow er.. “
100
Weisbach C om !(Phll)100
P r e f ! ............ 4
4 100
W wtra'rel Coal 4
4
50
W olverine Min.(Boafc) 25
Wollaston L 'd . 4
4
5

B e n d a —B o s t o n .
Am Bed Tel 4a..1908 JAJ
A TA3 F gen g 4a. 95 A AO
Adjustment g 4 s ..1995
B A M 3d is 7s.'u2-07 M*N
Boston TermT 3 * g ..l9 4
Bos Un Gas 1st 5s. *39 JAJ
2d M 5s.......... 1939 JAJ
Bur A Mo Rlv ©xfpt 0s.JAJ
Non-exempt 6s.*18 JAJ
17
Plain 4s.......... 1910 JAJ
185
Ch BurA N 1st 5 «/2 6 A AO
263
2d M Os.........1918 JAD
20
19
Ch Bur A Q 4s. 1922 FA A
4 8 * 49
Iowa Div ia.1919 AAO
til
111*
Chicago June 5s. 1915 JAJ
55
“ 3% Ch A No M gu 5 s.*31 MAN
Chi A W M gen 5s.421 JAD
1*
3
8* Con, o f Verm’t 5s.413 JAJ
Curr't Rlv 1st 5s.*27 AAO
132
D G R A W ls t 4 9 .4 AAO
40
*
« * Domln Coal lst6s.’ 13MAS
.....
9 * Eaat*n 1st M 0s g.*06 MAS
Fr ElkAM V 1st 0s ’ 33 end
UnsVp’ d 1st 6a.*33 AAO
HUn Steel con v 5s.U 0 J AJ
9%
Debenture 5s. 1913 AAO
2
3 1 * K C C A 8 lst5sg.*25 AAO
31
K C Ft SAG 1st 7«,’ 08 JAD
30
31
K C F SAMcon 0s.4
28M&N
23
91
3*
3 * K CM A B 1 st4s..*34 MAS
Income 5 s . ... ... ..
50
95
S CA M RyAB 5s.’ 29 AAO
90
K C 8 t Jo A C B 7s.’ 07 JAJ
1170
Laras’ n 8t're S 6s.*09 MA3
4
. . . . . . .. .4« L Rock A F 3 1st 73.’ 05 J AJ
L EASt L 1at 0s g.4 AAO
26
43
2d M 5-0 g....l936 AAO
81
Mar H A Out 6a...*25 AAO
3S«
Mex Central 5a.l917AA O
4s g . . , . .......... 1911 JAJ
114
115
1st con inc 8s g non-cum
195
2d eon Inc 8« non-cum..
New Eng Tele 0s.,99 AAO
0 s .................. 190 AAO
H
vs
N TAN Eng lat7B.'05 JAJ
99
1st mort 0 s . . J to

10
0

0
1

10

0
2

1

20
0
2
2
2
10
0

....100
....100

6

....100
10
0

6

8

213* 24
3 9 * 40
74*
«*
7*
138 133
133
3 5 * 37
37
2 4 * 25*
25
127*188*
128
139
40*
41
40
40*
s«d
%
i*
i*
39
40
39*
•63 . . . .
t d
34

1
2

33

0
0

8
8
1* 1-10 1
1

1-16

1 Bid u 4 u k a prlo

0
0

0

2
0

6

1154
27*
14*
43*
7354

273

0 08
0
89 * 34
8
5
59*
0 0
0 0

R a ilr o a d S to c k s.
Balt.City Pas,,new,2d In. nd, (Balt.) . . . . 25
200 34% Oofc. 15 73 D ec 14
Baltimore Consolidated.. . . . .
“
. . . . 25 10,530 2 1 * Apr. 20 3 4 * Dec. 15
Baltimore C on solid a ted !.... (P h ila .). . . . 25
1,429 2 1 * Mar. 12 8 4 * Dec. 10
Boston A A lbany................( B o s t o n ) ....100
450 2 1 7 * Mar. 29 2 0 2 * Sept. 20
“
Boston E levated........................
1,987 5 2 * Mar. 20 8 4 * Dec. fi
Boston & Low ell..........
“
....1 0 0
215 Apr. 2 2 2 7 * Dec. 10
Boston A Maine.......................
“ ....1 0 0
145 160 Mar. 12 172 Dec. 10
Chic. Burl. & Quincy............ .
“
....1 0 0
0,352 8 5 * Mar. 20 1 2 5 * Dec. 30
Chic. June. A Un. Stock Yds.
“
....1 0 0
2,107 102 Mar. 14 1 4 0 * Dee. 29
P re fe rre d ............................
“ ..,.1 0 0
15 105 Mar. 12 125 Dec. 30
Chic. Milwaukee A St. Paxil. (Phila.^ ....1 0 0
1 ,2 0 0 8 3 * Apr. 21 ISO * Dec. 80
Choctaw Oklahoma A G u lf..
“
. . . . 50
5,992
9 Feb. 25 29% Dec. 80
Preferred.......
. . . . 50
1,472 2 7 * Jan.
45 Dec. 30
Consol. Traction o f N. J.T ...
“
. . . . 100
1,120 37 Jan. 3 5 7 * Dec. 80
Fitchburg, p re f............... .
(B oston).. . .100
369 98 Mar. 28 109% Dec. 30
Ga. Southern A Florida........ (Balt,) ....1 0 0
3 7 * May
42 Aug. 26
st preferred........................
“
8 84 May 25 96 Oct. 11
d preferred...........................................
“
55 May 3 7 3 * Aug. 25
Lehigh V alley........................(P h ila .). . . . 5 0 1 22,316 1 7 * Nov. 15 2 0 * Jan. 3
Mexican Central...................( B o s t o n )..,. 100
475
4 * Apr. 0
7 Dec. 14
Northern Central.............
(Balt.) . . . . 50'
7 0 * Jan. 14 8 0 * Dee.
Northern P a cific.................... (Phila.) ....1 0 0
2,500 19 Feb. 24 4 4 * Dec. 30
Preferred................................
“
200 5 7 * Mar. 20 79% Sept. 2
Old Colony............................ (B oston). . . . 100 j
7 1 8 5 * Mar. 16 199 Dec. 15
Oregon Short Line....................
“
18 Jan. '4 43 Dec. 27
740 5 5 * Mar. 12
Pennsylvania..............
(Phila.) . . . . 50
L% Dec. 30
“
. . . . 50
Philadelphia Traction....... .
8,334 77 Mar. 25 95 Aug. 29
ReadLng Company........ .
“
. . . . 50 21,607 7 13-10 Mar25 1 1 * Jan.
21,905 508 * Mar. 20 2 7 * Dec. 80
1st preferred.......................
“
.... 1
2d preferred.............. . . . . .
<
k
. . . . 50
0,170
0 * Nov. 2 14 9-10 Feb. 5
r_ Union Pacific.......................... (B oston )
100
2,945 1 6 * Mar. 25 4 4 * Dec. 22
73*
P referred ..........................
“ ....1 0 0 4.010 47 Mar. 25 7 4 * Dec. 28
3 2 * Union Tract km .................... . (P h ila .).... 50 25,911 1 2 * Jan. S 82% Dec. 13
91 West End Street.................... (B o s to n ).... 50
857 78 Mar. 25 90 Dec 12
i l li s c e l l a a e o a s S t o c k s .
American Bell T elephone... (Boston) — 100
429 238 Mar. 12 285 Aug. 15
American Sugar R efin in g!..
“
...,1 0 0 ! 21.815 1 0 7 * Mar. 20 147 Aug. 26
P re fe r re d !...........................
“
___100|
259 103 Mar. 25 1 1 0 * Jan. 0
Boston A Montana........... .
*
• . . . . 25!
2.010 1 4 9 * Jan. 4 288 Dec. 29
Butte A B oston*.. . . . . . . . . . . .
“
. . . . 25' 11,453 1 8 * Mar. 12 94 Dec. 29
Calumet A H ecla . . . . . . . . . . . .
“
___ 25
112 489 Jan. 3 050 Nov. 18
_ Consolidated Gas.................................. (Balt.) ....1 0940 5 2 * Jan. 10
0
1% Dec. 15
* Dominion Coal .. ................. (B oston)___ 100
1,715 14 Mar. 12 3 0 * Nov. 18
5 9 * Electric Storage Battery ! .. (P h ila .). . . .100; 7,455 1 8 * Mar. 25 60 Dec. 27
00
P r e fe r r e d !.........................
“
....1 0 0
1 , 10 2 21 Mar.
07 Dec. 20
87 |
Erie Telephone............. ....... (B oston ). . . . 100
807 5 9 * Mar. 25 78 Dec. 29
..............
Illinois Steel............................
4 ....1 0 0
4
4 4 * Mar. 12 7 4 * Sept.
24
24 Lamson Store S e r v ic e .....,,
. . . . 50
‘Too 20 Mar. 12 24 Oofc. 27
3 9 * 3 9 * Lehigh Coal A N avigation... (Phila.) . . . . 50
98' 35 Nov. 16 43% Jan. 7
3*
7 * Marsdeu Company t ...........
....1 0 0 18,175
5 May 27 11% Jan. 11
• . . . . 135 New England Telephone.......(B o sto n )... 100
31 120 Mar. 12 144 Aug. 17
35
3 8 * Old Dominion C o p p e r !.....,
“
. . . . 25 10.815 2 1 * Jan. 5 40 Dec. 30
24*
4 * Pa. Mfg. Light A P o w e r !... (P h ila .).... 50 27,988
Apr. 14 25% Dec. 27
128 1 29 * United Gas Im provem ent!..
“
. . . . 50
7,939 9 7 * Feb. 24 12a Dec. 10
38
4 0 * United States O il................. .(B oston )— 25 15,305 10% Feb. 4 3 4 * Dec. 30
4 0 * 42 Weisbach L igh t! .................... ( P h ila .).... 5
2,085 30 Nov. 17 0 2 * July 5
• 1*
1 * West End Land................ ...( B o s t o n ) ,... 25
20
1 Jan. 13
L% Dec. 29
8 9 * 4 0 * Westingh. Electric A M fg ...
. . . . 50
1,320 2 0 * Apr. 13 41 Dec. I
03*
*
P re fe rre d .,..........................
“
. . . . 50
370 50 Apr. 22 03 Dec. 2 j
t Tr. recta.
I 10 11-10 111-16
l Low eat is ex div. T E x rights.

....100

35*
6

35

Sales
o f the Mange o f Sales in 1898.
Week.
Shares
Lowest.
Highest.

ACTIVE STOCKS,
n Indicates unlisted.

Wednesday

6

4
4
4
4

2

6

4
4

6
8

Bid. Ask.
36
187
50

3
40
..... .

i'50
7B« 80
4
iw
36
37
100
20* 22
40
42
169
147
11
»SK
194
H
10
01
49
37
1*
.103
! 99
| 78«
*114
I 91
J 70
XU8
1105
*100
J107H
S lO
lC
fioo
1100
JlU
\ 75
I 87
1 81
J 90
11*19
Jl37
{101«
a 90
I 70
{115
X ......
3 85
1 47
?120
1105
1103
{115
a
15
{lOO

3

B id . Aak.
BONDS
B o s t o n —Concluded.
Ogd A L C con 0**90 AAO 1107
’ 15
Incom e 0s.............1 92 0
Rutland l s t 0 s . .4 MAN 9105
02
2d 5s.............. 1898 FAA
W est End 8t 5s. .‘ 02 MAN 105
4 * s ................1914 MAS 108
Gold 4s........ 1910 MAN
4 s ................... 1917 FAA 1106

B o n d s —B a l t i m o r e .
Atl A Ch 1st 7s. 1907 JAJ
AtlG-Lightl fltSs 1917JAD
Balt Belt 1st 5s.l990MAN
Bal tCPaa 1st 5s. 1911MAN
148
Bait Fundg flu. 1910 MAN
13
14
Exchange 3%». 1980J AJ
BaJtAOhio 4s g. 1935 AAO
196
Pitta ACon 5 g. 1925FAA
8tat Isi 2d 5 g. 1920 JAJ
1
Receivers certlf 6s,JAD
n«
Do Maryland Constr 5s.
05
Do Pittsb A Con 5s.JAJ
87*
Do Main Line 5s.. . . .
B A O S W lst4 * g. 1990J AJ
Balt&PlstOsm l 1911 AAO
1st 6s tunnel 1911..JAJ
103W Bal Trao 1st 5s.l929MAN
E xt A Imp 6s. 1901MAS
78W1 No BaltDlv 5«. 1942JAD
(yobV'rtlble 5#19O0MAN
CapeFAYarA0g.l910JAD
110
93 | 1st 0a ser B..1910 tr rec
1st 0s cer C..1916 tr rec
73
Cent Ohio 4 * b g .4 MAS
30
Central Ry 0a...1912 JAJ
Consol 5 s .... 1932 MAN
Ext A Imp 5s.1932MAS
108
CharlCAA extSa. 19x0 JAJ
Cbesap Gas 6s. .1900 JAD
CttyASub 1st 5s. 1922JAD
Col AGm v 1st5-0.1917 J AJ
ii5
80
Consol Gas 6a. .1910 JAD
5s.................... 1930 JAD
90
Ga A Aialstpf5sl945A AO
Tiy, GaCarAN 1st5s g. 1929J AJ
GeorgiaPlsfc5-6s 1922JAJ
91
GaSoAFla 1st 5b.1945JAJ
120
Lake R E l lstgu584
42MA8
MacAN 1st 4*a.l990M A S
MetS t( Wash) lst5s'25F A
102
NewOrlGas 1st 5a*..Var
99
NorthCent 4 * s . 1925AAO
08 1900...................AAO
80
0s gold 1900 .......... JAJ
100
8a 1 9 0 4 ................... JAJ
Series A 5s 1920....JAJ
Series B 5« 1926....JAJ
50
OhioAMlstTSDl 905MAN
105
7 a 1898JAJ
........1 PittaACon 1st5a. 1997 JAJ
Pitt Un Trac
PotomVal lst5s.l041JA-J
SecAvTn(Pitts)5s4
34JAD
........ Saab A Roan 5 b. 1920 JAJ
VlrgMid 1st08.1906 MAS
2d series 0s. .1911 MAS
3d aeries 6a.. 1910 MAS
88«
4th ser 8-4-5a.l921MAS
16
5tb series 5s. 1920 MAS
Va (State) 8s new.’ 32JAJ
Fund debt2-3s. 1991 JAJ
VaA Tena 2d 5a. 1900 JAJ
8 b..................... 1900 .TAJ

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102
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114

122
110*

100 *

123
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116
104*
117
ill
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104
105
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8

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115
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Bonds—Philadelphia

A tl City 1st 5s g..*19 MAN
Catawissa M 78.1900 FAA
ChesAD Canlsfc5a.4 JAJ
10
Choc Okla A G prior lien 0s
General 5 s . ..,1919 JAJ
C ltV St Ry (Ind)con 5s.4
38
Colum St R y 1st con 5s.4
32
Col urn O Cros t lstS s-.’ SS
Con Trac o f N J 1st 5a..’33
Del A B Bk 1st ?a.’05 FAA
EosfcAA 1st M 5s.’ 20 MAN
Edison Elec 5s afck tr ctfs.
BlecA Poop’s Tr stk tr ctfs
ElmAWlIm 1st 6s.’ 10 JAJ
Income 5a....2862 AAO
Eq 111 Gas-L 1st g 5s. 1928
Hestonv M A F con 5a. *24
HA B Top con 5s-4 A £0
25
Intem at Nav 0s.......1900
K C Sub B 1st 6s..’ 20 JAD
K C P A G 1st 5s..*23 AAO
Lehigh Nav 4 * s . .’ 14 Q-J
R R 4 s g ......... 1914 Q-F
Consol 7s.......1911 JAD
Gen M 4 * 8 g .. 1924 Q-F
Leh V C*11st 5s g. S JAJ
Leh Val ext 4s.. 1948 JAD
2d 7 s . . . . . . . ..1910 MAS
Consol 0S-....1928 JAD
Annuity 0s............,JAD
Newark Pass con 5s. 1930
N Y PhAN orlst0s.’ 23 JAJ
No Penn 1st 4s..4 MAN
36
Gen M 7 b.........1903 JAJ
Penn gen 0s r.. .1910 Var
C o n s o l0 s e .... 1905 Var
Consol 5 b r . . . . 1919 Var
CollatTr 4 * s g.’ 13 JAD
P a A N Y C a n 7s..’ 06 JAD
Cons 5s........1989 AAO
Cons 4 s ......1 9 3 9 AAO
Penn Steel let58.,17 MAN
People’s Tr tr certs 4s.’48
Perkiom ls t ser5s.’ 18 Q-J
Phila Elec gold trust ctfs
PhAEr gen M 6g.’ 20 AAO
Gen M 4s g .. 1920 A&O
Ph A Read 2d s.'33 AAO
Consol M 7 b. . 1911 JAD
Con M s g . . . 1911 JAD
E xt Imp M4s g.’47 A&O
Con M o f ’ 82 4s.*37 JAJ
10-yr s f 5s g.1902 FAA
Terminal 5s g.1941 Q-F
P Wil A Balt 4s. 1917 A AO
Collat trust 48.1921 JAJ
Pitts CA tL 78.1900 FAA
Read Co gen 4s, 1997 JAJ
Rochester Ry con 5s. 1930
Bob RESlde lflt5s g’ 35J&D
Bcran Tree 1st 0s ’32M AN
Union Term’ i Isfc Se.F&A
tlnited N J 4a..1044 MAS
UnTracPitts gen5s’ 97J AJ
Andaccrued Interest.
•Price includes overdue

8

48

6

no

6

114
114
103*
108* 109

112*
120
118
104
107
82*

BONDS
B a l ttm o r e —Conelu’d.
W estN C con 08.1914 JAJ
WestVaCAPlst0g.* 11J AJ
WilCol A Aug s. 1910 JAD
Wll A W eld 5s.. 1985 JAJ

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THE CHRONICLE.

38

JJtnjestroetxt
AND

Roads.

[Vol, L x v m .
Latest Gross E arnings.
WeekorM o

1898.

| 1897.

T

Jan. X to Latest Date.
1898.

1897.
8

In.AGLNorth’n 4thwkDec. 143,580 115.254; 3,905,156 3.654,438
iiuteroo. (Mex, WkDeo. 17
67,500
53,280! 3,073,100 2,606,320
Iowa Central.
61,475
IthwkDec.
54,360; 2,015,332 1,732,489
Iron RaUway. November.
4,551
3,750
45,694
35,256
Jack. T. A K. V Novemb’r.
f
31,791
25,299
325.354
273.855
Kanaw’aAMiob 4thwkDec.
16,511
13 223
579,187
532,675
K.C.F. ScottAM 3d wk Deo.
80,613
86.851 4,658,722 4,714,625
36,904
36,021 1,418,753 1,160,966
The follow ing table show s th e gross earnings of every K.O.Mem.ABir 3d wk Deo.
Kan. O. N. W..
29,711
35,697
308,288
321,710
ITEAM railroad from w hich regular w eekly or m o n th ly returns Kan. City AOm November.
6,872
3d wk Deo.
7,067
243,872
261,507
9&n he obtained. The first tw o colum ns o f figures give the K. O. Pitts. A G. itliwkDec.
88.930
84,668 3,293,589 2,439,620
gross earnings for the latest week or m on th , and the last tw o Kan.C.Sub.Belt. 4tb wkDeo.
16,030
12,617
528,740
392,914
11,081
10,280
561,895
oolumns the earnings for the period from January 1 to and KeokukAWest.c 3d wk Deo.
565,288
L. Erie A West. 4thwkDee. 117,908 114,731 3,464,823 3,439,395
Including such latest week or m onth.
Lehigh A Hud. November.
35,878
42,397
349,904
350,970
The refit ms o f the street railioaya are brought together sep­ Lehigh Val. RR October .. 2,333,326 2,343,538 16,219.119 15,847,081
Leh. v. Coal Co October... 2,234,740 2,536,334 13,206,028 13,667,315
arately on a subsequent page.
Lex’gtonAEast October...
29,209
17,447
208,127
1731158
Latest Gross Earnings.
Jan. 1 to Latest Date. Long IslandRR. December. 277,183 291,329 4,555,834 4,177,525
Long Is. System, December. 284,016 300,794 4,917,932 4,541.713
R o ad s.
Los Ang. Term.. November.
7,370
Week or Mo
0,597
1897.
1898.
1897.
1898.
84,294
8 5 / 65
Louis.Ev.ASt.L. 3d wk Deo.
29,085
28,144 1,511,342 1,421,628
Lou. H. A St. L. 4thwkDec.
17,430
12,814
$
•
*
S
498,612
502,605
Adirondack...... October...
14,0291
17,384
179,090
170,264 Louisv.ANashv. IthwkDec. 632,255 582,442 22,742,607 20,853,202
6,400
Ala. Gt. South.. IthwkDoo.
8,720
52,144
50,694' 1,750,973 1,651,956 Macon ABirm November.
5 4 ,2 '8
60,478
2.796
▲la. Midland.. October...
2,335
69,480
62,698
715,025
568,086 Maniatique___ November.
92,754
105,720
tMexican Cent., 4thwkDec. 417,695 393,445 13,575,234 12,836,945
Ala. N. O .T e x . A Pa©. J u n e.
N Orl. A N .K 2d wk Deo.
30,000
34.000 1,359,789 1,233,164 Mexican Inter’!. Novemb’r. 313,993 251,526 3,082,310 2,757,418
Ala. A Vioksb 2d wk Deo.
15,000
639,653
22.000
570,898 JMex. National 4thwkDec. 185,800 155,770 6,239,392 5.963,131
45.174
Vicks. Sh. A P. 2d wk Dec.
11,000
56,831
16,000
b49,258
511,039 Mex. Northern October...
493,339
498,141
Allegheny Val. Novemb’r. 230.833 236,016 2,442,306 2,324,948 IMexioan R’ wav WkDeo. 17
87.000
78,000 3,971.400 3,593.000
Mexican So,
13,105
3d wk Dec.
Ann Arbor........ 4thwkDec.
43,771
13,641
41,832 1,456,089 1,303,480
632,854
660,717
57,705
Ark. Midland— October... j 15,399
18,912
94,660
50,150 2,236,302 2,152,984
90,519 Minneap.ASt.L. IthwkDec,
St.P.&S.St.M,
3d wk Deo.
Atch.T. AS.Fe.r Novemb’r. 4,008,903 3,889,246 35,989,195 32,897,6^0 M.
73,678
73 6J1 4,192,842 3,827,461
Atlanta A Char Septemb’r. 145,338 143,491 1,261.821 1,213,083 Mo. Kan. A Tex 4th wkDeo. 324,170 386,210!
--------- 41,850,262 11,973,766
Ati.Knox.ANo. November.!
33,183
296,085
28,016
263,404 Mo.Pao.AIronM 4thwkDec. 860,000 793,000 26,624,114 24,805,451
Central Br’oli 4tliwkDec.
A tlanta* W. P. October...
33.000
57,071
53,438
474,998
453,501
37,0001 1,277,354 1,126,871
Total.......... 4thwkDeo. 893.000 833,000|27,901,468 25,932,322
AtLC’ stLineS.C August.... 123,530 115,002
Atlan. A D anv.. LthwkDec.
6,940
8,041
7,804
10,010
559,608
539,801 Mobile A Birm. IstwkDeo.
359,364
286^984
Mobile A Ohio.. December. 438.01)0 4*1,027 4,433,211 4,012,704
Austin A N ’west October
22,471
16,111
_______
122,272
140,658
Balt. A Ohio___November 2,470,658 2,254,711 25,902,491 23,758,76“ MonLAMex.G’f. November. 106,532! 122,285 1,287,761 1.262,255
23,758,76?
Bal.AO. 8ou’w IthwkDec. 207,811 207,932 7,072,676 6,451,916 Nash.Ch.&St.L November. 504,3621 468,451 5,384,436 5,002,550
Bath A Ham’ndfi October...
9,642
3,239!
10,590
4,305
27,117
29.200 NevadaCentral October...
Blr. A Atlantic. November.
2,240
4,243
23,154
22,549 N. Y. C .& H .R . November. 4,148,197 3,925,076 41,555,837 41,480,904
Brunsw’kAWest October...
58,310
60,061
97,021 3,861,416 3,950,278
515.030
479,048 N. Y .O n t.& W ., IthwkDec. 115.797
Buff.Rooh.APitt TthwkDec.
98,440
92,520 3,803,805 3,452,099 N. Y . Susq. A W. November. 231,379 220,670 2,106,671 2,037,526
Buff.SLM.AS.W Novenib’r.
30,468!
2 92 ,5 '0
............ Norfolk & West. 4th wkDeo. 205,744 156,168 11,376,532 10,859,941
Boltalo A 8u8q.. |October...
80,063! 65,674
5,192
549,000
512,445 North’n Ala. Ry. 3d wk Dec.
4.177
206,801
175,371
Bur.C. Rap.A N. IthwkDec. 126,740 115.573 4,583,562 4,292,162 Northes’n (Ga.). Septemb’r.
6,530
5,944
48,012
42,859
OanadlanPaciflc 4thwkDee. 931,000 797,000 26,105,860 24,049,534 North’n Central Novemb’r. 643,537 615,187 6,050.407 6,140,263
Car. Midland.... November.
5,889
5,435
59,978|
54,526 North’n Paoiflo. 3d wk Dee. 419,004 391,209 24,53*1,276 20,527,974
Cent.of Georgia. IthwkDec. 178,341 175.645 5,617,733 5,423,549 Ohio River
20,409
4tliwkDec.
20,525
962,699
965,197
Central of N. J.. Novemb’r. 1,221,992 1,154,651 11,551,424.111,635,168 OhioRlv.&Ohas, August___
14,170
12,744
128,040
112,050
Central Pacific October... 1,601,743 1,523,391 13,246,846 11,632,058 Ohio Southern. November.
76,809
72,055
634,618
646,259
Chariest’nASav October...
45,719
41,826
563,585
507,217 Oreg.RR.ANav. 4thwkDeo. 127,072 135,631 7,105,239 5,621,062
Chas’n A W.Car. August___
Oreg. S1l Line.. October... 804,570 588.858 5,664,217 4,890,209
54,833
55,687
Chattan’ga So.. SdwkDeo.
1,188
1,190
67,050
71,143 Pao. CoaBt Co.. October...
483,923 349,002
Ches. A Ohio... . IthwkDec. 419,384 352,286 11,995,890 11,397,418 Paoiflo Mail....... Novemb’r. 334.797 338,079 4,496,173 3,251,598
Ohio. Bur. A Q.d Novemb’r. 3.980,439 3,803,297 39,536,74236.413.7< 9 Pennsylvania^,. Novemb’r. 5,826,024 5,819,924 4,096,031 3,852,405
59,866,608 53,605,208
Ohio. AEast.Ill. 'IthwkDec. 104,189 103,851 4,357,388| 4,142,210 PeoriaDeo.AEv. 4thwkDeo.
42,515
42,939
904,100
916,675
Ohio. Gt. West’n 4thwkDeo. 153,884 129,987 5,564,391! 5,078.388 Petersburg. ..
Septemb’r.
46,778
40,510
489,015
432.235
Chic. Lnd. A L. 4thwkDec.
87,777
80,318 3,317,293! 3,193,345 Phila. A Erie. Septemb’r. 484,248 515,155 3,198.471 3,220,830
Chlo.MU.A8t.P- IthwkDec. 1,135,556 883.574 36,089,726 32,178,761 Phila. A Read... Novemb’r. 2,185,462
1.924,717
Ohio.A N’ thw’n. November. 3,374,871 3,201,711 33,878,101 30,798,962
Coal A Lr. Co. Novemb’r. 2,476,572 2,227,059 20,088,362 19,337,280
Ohlo.Peo.A9t.L. November.
Tot. both Co’s. Novemb’r. 4,662,034 4,151,776 19,294,100:20,423,546
74,109
75,657
760,486
752,338
39,332.462 39,760,826
Chlo.R’ k I.AP.. Novemb’r. 1,882,356 1,852,589 19,150,411 17,224.969 Phil. R. A N. E. Novemb’r.
52,905
68.213
580,898
606,886
Ohlc.8t.P.M.AO. Novemb’r. 1,089,242 992,571 8,643,284 7,925,445 PhiL Wilm. A B, Novemb’r. 836,459
753.859 9,090,5181 8,348,818
Ohlo.Ter.Tr.RR. 3d wk Dec.
22,665
22,424 1,135,213 1,042,957 Pitts. O.C. AS t,L. November. 1,473,690 1,384,294 14,754.186 13,580,709
Ohio. A W. Ml oh. 3d wk Deo.
35,238
27,602 1.804,676 1,495,296 Pitts.Lisb.A Wn November.
4,300
5.178
42,561
42,653
Choo.Ok.AGulf. 4thwkDeo.
49,987
Pitts.Bes.&L.E. TtliwkDec.
28,855
32,947
22,725 1,311,861
643,993
Cln.G.APorts’th Septemb’r.
8,316
Pitts. A Wes’ n.. IthwkDec.
6,824
47,029
42,502 1,785,441 1.713.134
Cln.N.O. AT. P. November. 419,672 335,482 4,283,150
Pitts. Cl. AToi, 4thwbDec.
3,318,569
27,655
24,218 1,086,595
907,290
Oln.Porte.AVir. November.
27,929
Pitts. Pa. & F. 4tliwkD»o.
24,037
259,634
243,099
6,328
10,450
372,894
373,205
Clev. Ak. A Col. 4tbwkDec.
26,192
Total system. 4thwkDec.
26,042
900,016
797,531
81,012
77,170 3,232,361 3,000,413
dev.Can. A So.. Hd wk Dec.
13,682
Pittsb.Yo. A A .. Novemb’r.
14,836
110,673 136,232 1,364,876 1,349,608
OLCin.Ch.A8t.L 3d wk Deo. 270,139 294,449 14,137,112
Rloh.Fr’KSbAP.
67,011
54,583
709,624
588,238
Peo. A East’n November. 167,257 148,448 1.727,609 13,406,858 Rich. A Petersb. October..
Septemb’r.
1,583,903
28,239
26,827
293,473
256,751
Cl. Lor. AWheel IthwkDec.
4i,358
43,426 1,511,560 1,386,094 Rio Grande Jot. October...
39,669
48.002
320,789
302,204
Col. Midland----- November.
161,122 149,885 1,510,431 1,600,211 RioGrande So’n 4thwkDec.
15,320
14,040
481,186!
387,210
Col.H. V. AToi. November. 303,059 293.615 2,491,865
2,270,973 RioGr’de West. 3d wk Dec.
56,150
57,500 3,192,525 2,858,078
Col. SandV A H. (2d wk Dee.
13,625
St.Jos.A G r.I... IthwkDec.
22.375
798,446
733,132
29.000
32,695 1,227,193 1,162,763
Colusa A Lake.. November.
1,100
2,500
15,759
21,455 St. L. Clii. A St. P. November.
28,279
32,353
308,744
275,895
Crystal-------------Novemb’r.
1,169
1,233
13,195
12,405 St.L.Ken’etA So November.
10.000
8,200
68,166
60,147
OnmbTd Valiev October..
84.685
86.272
708,989
687,790 St,L.A8anFran. TthwkDeo. 173,737 140,978 6,984,791 6,457,989
Denv. A Rio Gr lthwkDf o. 250,800 236,400 8,723,530
St.L. Southwest. 4th wkDeo. 196,800 157,100 5,598,486
7,620,203
4.913.135
Des M. N. A W. jNovember.
39,770
39,404
480,573
393,150 St.Paul A Dal.. November. 201,131
189,060 1,550,212
DetiG.Rap.AW 3dwkDec.
26,030
23,916 1,467,421 1,267,078 San. Ant. A A. P Novemb’r. 215,349 205,4141 1,943,645 1,493,863
1.861,430
get. A Lima No 3dwkSept.
8.917
8,762
308,753
180,829 SanFran.AN.P November.
77,809'
67,996
809,825
746,336
get.A Mackinar November.
36,351
33,990
484,503
431,617 S.FePres.APh. 2d wk Deo.
15,427;
14,047
788,1811 674 361
Duluth S.S.AAtl 13d wk Dec.
38,761
29,058 1,759,337 1,543,285 Sav.Fla.AWest. October..
321,469 299.9221 3,487,7001 2,814,770
ElginJoi.AEaat. November. 138,285
98,156 1.407,177 1,069,707 Sher.Shrev.ASo. 2d wk Deo*
9,604
9,051
........... Noveinb’r. 2,948,480 2,956,020 30,067,557
30,343,777 SU.Bprs.O. A G. October...
22,075
12,974
232,264
Eureka Springs. IOctober
161.820
4,923
4,499
47,669
53,332 Sioux 0. A Nor. October...
40,726
43,562
228,627
Bvans.AInd’pli»* 4thwkDec
222 985
9,702
10.363
312,012
311,352 So Haven A E .. Novemb’r
2,851
1.S09
Evansv. A T. B AthwkDec!
33,156
32.363 1,226,939 1,131,433 So. Pacific Co. Find. Ft.W.AW October
7,944
6,548
Gal.Har.AS.A October... 489,937 286,134 4,445,740
Fitchburg..........October..
3,601 611
726,718 727,162 6,055.470 6,005,983
Louis’a. West. October...
76,132
21,528 1,010.875
FllutAP.Marq IthwkDec.
728,495
94,072
80.615 3,039 896 2,791,997
Morgan’sL AT. October...
478,244 223,100 5,103,456 3,940,709
Fla. Cent A Pen .3 d wkDeo.
48,504
45,5711 2,953.825 2,192,272
N.Y. T. A Mex. October...
34,658
33.133
276,4 4
Ft.W’tiiAJ>en.C 3d wk Dec.
281.301
34.639
39,174 1,431.406 1,279,262
Tex. A N. Orl.. October... 123,514
79,343
Ft. W. A Rio Gr. IthwkDec.
16,556
13,128
551,754
Atl.Prop’tes.6 October... 1,261,656 685.668 1,391,207 1,192,804
419,539
Bad,, & Att. U November.
770
769
6,743
So. Pao. of CaL October... 1,388,174 916,769
• 7,846
Georgia R R ...., 3d wk Deo.
37,410
41,332 1,541,856 1,562,438
So.Pao.ofAriz. October...
268,840 196,030 2,560,750 2,071,627
Georgia * A la ..: IthwkDec.
36,274
34,326 1,264,367 1,115,100
So.Pao.ofN.M. October...
130,617
98.623
6a. Carla A No iNovember.
95,396
83,706
795,736
Paoiflo Bystem October... 3,678,926 3,355,575 1,214,659 1,096,939
806,322
Geo. So. & Fla. November.
81,445
80,738
837,471
Total of all../ Novemb’r. 5,400,852 4,896,831 5 2 ,8 0 8 /9 6 46,037.397
794,190
Gr. Rap. A lnd 3d wk Dec.
41,475
36,169 2,092,854 1,922,95 • Southern R j.g .. 4th wkDeo. 739,742 597,989
Cln.RAFt-W 3,1 wkDeo.
23,082,010 20,649.292
9,263
7,782
432,019
394,826 Stony Cl. AC.Mt. October...
1,826
rraveraeOity 3dw«tDec.
1 /0 1
35,224
32,804
783
679
40,398
38,343 Texas Central.. 3d wk Dec.
12,936
Mas. G. R. A I 3d wk Dec.
3,704
385,102
334,767
1,6.3
1,659
120,661
113,930 Texas A Paoiflo. 4tliwk Dec. 286,422 299,480 7,962.947 7,588.649
Tot aUlines. 3d wk Deo.
53,204
46,289 2,685,932 2.470.049 Tex.S.V.A N.W November.
7,800
Gr-TPiik Syst’tu 4thwkDec. 794,043
4,739
54,724
36,100
729,915 24,121,2 J 23,547,841 Toi. A Ohio Cent. 4th wkDeo.
O
Ohio. A Gr. Tr 2d wk Deo
54,817
50,629 1,871,191 1,721,246
69,028
64,103 3,44i,811 2,913,854 Tol.P. A West.. 3d wk Dee.
DeLGr.H.AM 2dwk Deo.
18,108
20,638
950,566
917,567
18,451
17,982
896,952
939,934 T ol.S tX .A K .C . 3d wk Dec.
Great North’n—
39,800
43,150 2,182.989 2,200,976
Union Pao. RR.. Novemb’r. 1,960,038 1,837,191 16,492,936 15,169,812
8t. P. M. A M. November. 2,087,502
East of Minn. November. 382,256 1,855,885 17,593,241 15,161,803 Un.P.Den.A G .. 3d wk Dec.
79,082
91,306 3,688,749 3,465,409
290,986 2,410,72.u 1,817,148
Wabasli..............4tliwkDec.
Montana Cont November, 166,583 195,567
417,292 337 330 13,784,102 12,206,195
1,824,345
system November 2,636,341 2,342,43* 21,828,315 1,887,287 Waco A Northw. June.........
9,221
12,130
78 751
97,518
18,866,243 W.JersDyASea’e Novemb’r.
G'lfB mntAK.C November.
161,363 147,463 2,510,883 2,387,366
14,136
14,053
166,549
118,078 vV.V.Csn.APitte October...
Gulf A Chicago. November.
90,492
94,204
964,311
943,629
9,595
7,845
53,407
45,049 •
7estVa. A Pitts. 'Septemb’r.
Hoos.Tun.AWlL November.
39,030
38,203
4,656
293,572
287,315
4,890
50,137
51,614 Western of A la .!October...
Hous.ATex.Cen October
66,211
45,336
556,245! 341,719
523,646
489,137
minols Centralf November 12555152 ♦2563709 2,752,236 2,483,410 West. N. Y. A Pa. '3d wk Dec.
56,000
5 1,400 3,007,312 3,049.760
♦25061092 •22210751 Wheel. A L. Erie' IthwkDec.
Ind.Deo.AWest, August
39,863
41,663 1,478,184 1,197,016
49,643;
50,343
305.448
305.863 Wll. Col. A Aug. 'June
Inrt.Tll. A Tnwa NnvpntVr
43,855
63.247
39,522
310,932
344,384
087.5Q8
V’ awm>1n riant, 4tliwkDec. 119,044 112,236 4,895,061 4,519,290

R ailroad Intelligence.
RAILROAD EARNINGS.

THE CHEONICLE

January 7, lsiO.j
L a test G ross E a rn in g s.

Roads.

W eek orito

1S98.
S

Wrtghtsv.ATen. Septeaib'r.
T ori Southern, October...

8,331
7,660

1897.

Jon. 1 to Latest Date.
1898.

1897.

S

9,35*
7,984

61,872
61,292.

61,1*3
58,516

a Those figures include results oa leased imoa. 0 Inoindes earnings
from ferries, etc., not given separately.
e Inoiudes Des Moines A
Kansas City for all periods,
d Inoiudes operations of the Gilo. Bar llngton A Northern la both years.
e Inoiudes results on A. X. A S.
r
Be, Gulf Ool. A 4. Fe. 8. Fe Faoldo 'old Atlantic A Paolttoi and So.
CaL By.
f Includes the Paoitio system, the Atlantic properties and
the Houston * Texas Central system, g Beginning July, earnings of
Memphis Division and MladlesboroogO & A lien 1
)ranches are included
for both years, h Results on Clu. Lebanon Northern are inaluded
form September 1 in both years. i Traffic suspended on account of
Yellow Fever.
* Results on Kansas City A Independence Air Line are not included
for either year.
t Includes Chesapeake A Ohio So’ western for both years, but Ohio,
Yalley and Chicago aad for Texaal898 only. Results on Y azoo Branch
excluded after July 1,1898.
j Mexican currency.
I Covers results of lines lreotly operated east of Pittsburg.

Month o f December.

39
1898.

1897.

$
$
Gross earnings (62 roads) 33,266,666 30,887,468

Increase.
$
2.379.198

Per Cent.
7-70

It will be seen that there is a gain on the roads reporting in
the amount of §3,379,198 or 7-70 per cent.
Net Earnings Monthly to Latest Dates.—The table follow
m g shows the gross and net earnings of S t e a m railroad8
reported this week. A full detailed statement, including all
roads from whioh monthly returns can be obtained, is given
once a month in these oolutnus, and the latest statement of
‘.his kind w ill be found in the C h r o n ic l e of December 17,
1898, The nest will appear in the issue of January 21,1899 ,
Groff* B arm ngs.—
1898.
1897.

— Net E am tngs.— —
1898.
1897.
$
8
Odes, A Onto.a".......Nov. 1,020,123 1,007,505
342.340
331,346
Jan. 1 to Nov. 30 ...10,863,507 10,259,615 3.517.862 3,211,392
July 1 to Nov. 30 ... 5.127.712 *.909.96* 1,774,623 1,660,619
Cblc. R. Ul.APao.a..Nov. 1,882,356 1,852,589
705,370
721,599
Apr. 1 to Nov, 30 ...14,332,502 13,*7*.193 5,437,228 5,015,714
Chlo.Term.Transf___Nov.
102,753
93,573
82,911
60.486
July 1 to Nov. 30 . . .
508.18*
457.713
Latest Gross Earnings by Weeks.—The latest weekly earn­
310,135
309,779
Oen. A R. Grande.b..Nov.
349,905
808,165
352,823
313,576
ings in the foregoing are separately summed up as follows :
Jan. 1 to Nov. 3 0 .. .. 7,926,030 6,890,203 3,259,064 2,843,628
July 1 to Nov. 3 0 .. .. 4,053.574 3,714,549 1,720,334 1,513,320
For the fourth week of December our preliminary statement
Detroit City Gas.......N ov..........................................
41,682
30,478
covers 58 roads, and shows 12-24 per cent increase in the
Mar. 1 to Nov. 30 ................................... .........
202,337
154,891
aggregate over the same week last year.
Detroit A Maok’o.a Nov.
36,351
33,990
7,278
10,418
Jail. 1 to Nov. 30 .. .
484.503
434,617
161,623
108.990
• July 1 to Nov. 30 . . .
202,979
170,328
37,709
37,530
Increase. Decrease.
4 (A week o f December.
1898.
1897.
Indiana 111. Alowab.Nov.
63,247
62,525
20,307
16,828
768.282
687,598
Jam 1 to Nov. 30___
$
§
«
290,238
186,933
July 1 to Nov. 30 . . .
323,797
294,525
............
1,150
50,094
Alabama Gt. Southern..
112,883
62,651
41.332
1,939
. . . . . . . . Laclede Gas-Light...Dec...........................................
Ann Arbor___ __________
105,778
98,340
_____ ___
237
Atlantic A D anville......
7,304
J an. 1 to Deo. 3 1 ................................................
939,180
858,088
121
207,032
Balt. A Ohio Southwest .
Long IslandRR b...N ov.
318,973
306,515
78,451
76,727
............
5,920
92,520
Bufiaio Booh. A f Ittab’it
Jan. 1 to Nov. 3 0 .... 4,278,651 3,836,196 1,367,936 1,234,718
115,573
11,167
Burl, Cod. Kao. A North
July l to Nov. 30 . . . 2,441,108 2,204,322
942.646
866,3 22
797,000
134.00C
Canadian Pacific------- . . .
Long lal’d RR.Sys.b.Nov.
331,193
316,072
175,645
75,189
70,159
Central of Georgia..........
Jan. 1 to Nov. 3 0 .... 4,633,916 4.240,919 1,474.884 1,330,930
67,098
352.286
Chesapeake A Ohio____
July 1 to Nov. 3 0 .... 2,696.933 2,4*6,178 1,057,204
33 =
Ualoago A Bast. Illinois
103.851
983,351
80,318
Chlc.Indlan’Bs A Louisv.
7,459!
............ Louiav. ,sNashv.b...Nov. 2 ,099,00* 1,841,650
831,461
607,860
_____. . .
23,897
129,987
Ohio. Great Western.......
Jan. 1 to Nov. 30 ...20,760,097 18.9 27,925 6,6* ,099 6,095,796
251,982
............
883.574
Chicago MUw. A St. Pam
July 1 to Nov. 30 . . . 9,837,260 9,148,537 3,376,565 3,103,962
21,132
28,855
Choc. OKI*. A Gulf------Mex. International..Nov,
313,993
251,526
1*0,802
189,721
26,042
450
Clove- Akron A CoL.........
............
Jan. 1 to Nov. 3 0 .... 3,082,310 2,757,418 1,2*6,900 1,000,827
932*
Ciev. Lorain A Wheel’* . . ;
*4,3581
43,4*6
Mexican Telephone..Nov.
11,731
10,877
14,400
........
230,400
Denvers Rio Grande...
250.80C
4,218
4,112
Jan. 1 to Nov. 3 0 ....
125,389
116,444
47,300
Grand Trunk................. /
41,471
Mar. 1 to Nov. 30 . . .
103,365
95,573
39,371
Cnlo. A Grand Trunk > ( 79*,043l
729,9*5
04.098
35,258
Det. Gd, H. A M......... )
N.Y. Bus. A West......Nov.
231,379
220,670
122,799
108,001
10.363
661
Bvansv. A Indianapolis.
9,702 j
Jan. 1 to Nov. 3 0 .. .. 2,106,671 2,037,526
963,177
899,524
Bvansv. A Terra Haute. i
33,156
793
88&6S
July 1 to Nov. 3 0 .... 1,035,905 1,028,077
513,202
453,257
80.615
F lin ts Pere Marunette,
91.272,
13,637
Norfolk A Weat’n a .Nov. 1,006,955
909,956
345,5*0
277,726
3.428
Ft. Worth A Rio Grande
13,128
Jan, 1 to Nov. 3 0 ....10 .3 71 .5 5 3 9,913,23) 3,149,834 2,907,151
34,326
1.949
Georgia A Alabama........ j
July 1 to Nov. 3 0 .... 4,907,538 4,793,133 1,684,143 1,538,217
_____ _____
115,254
28.326
International A Gt, No..:
54,360
7,115
North Shore Traot.. Nov.
103,188
105,482
36,889
Iowa Central....................
30,658
13,223
JaD. 1 to Nov. 3 0 .. .. 1,381,298 1,341,783
Kanawha A Michigan—
9,288
538,183
579,619
84,668
4,282
- - - r -.tn*
Oct, 1 to Nov. 3 0 ....
227,53*
227,766
Kan. City Pittsb. A Gulf
84,651
87,284
12.617
3.413
Kan.City Sub. Belt . . . . .
Oregou RR. A Nav.. Nor.
700,175
062,063
297,726
311,329
3,177
Lake Erie A Western.....
114,731
Jan. 1 to Nov. 3 0 .... 8,577;962 5,065,227 2,653,475 2,212,878
4,610
Loulsv. Hend. A St. L ...
12.814
July 1 to Nov. 3 0 .... 3,324,949 3,089,155 1,194,326 1,558,932
582,442
49,813
Lonls vlile A Nashville...
P acific Mall.............N ov
331.797
333.079
*122,572
*71,831
393.445
24,250
Mexican Centra).............
Jan. 1 to Nov. 3 0 .... 4,096,031 3,852,405 1,236,929
745,338
155,770
30.030
Mexican N atlonal............. j
May 1 to Nov. 3 0 .. .. 2,595,923 2,313,065 *1,027,993
-------------*450,651
50,150
Minneapolis A 8t. Louis, i
7,555
386,210
62,039 PhUa.WUm.ABalt. b.Nov.
836,459
753,859
278,749
Mo. Kansas A Texas-----226,649
64,000
796 .000
Mo. Paclflo A IronM t....
Jan. 1 to Nov. 30 . . . 9,090.518 8,318,818 2,508,304 2,220,504
37,000
4,000 810 Grande South. b. Nov.
Central Brandi......... .
47,930
39,122
27,355
20,148
____
.T
T
97,021
219,107
18.770
a. Y. Ontario A Wester.
Jan. 1 to Nov. 30 . . .
437.181
316,208
134,295
___ , ____
150.168
49,576
105,257
Norfolk A Western..........
July 1 to Nov. 3 0 .. ..
219,781
170,606
66,814
118 810 Grande West.b Nov.
20,525
283,098
290,601
108,109
128,208
Ohio River................. .
8,561
Oregon BE. A Nav.......... 1
135,633
Jan. 1 to Nov, 30 . . . 3,033,398 2,703,779 1,145,926 1,021,384
42,939
424
Peoria Deo. A Evanav... i
.Tulvlto Nov. 30 . . . 1,471,340 1,529,784
546,161
597.881
____
10,222
22,725
28.690
46,269
Pittsb. Bess. A L. Erie.. |
SL Joe. AGd.rel. a..N ov.
110,586
113,758
3,84*2
302,655
77,170
Jan. 1 to Nov. 3 0 .... 1,123.293 1,050,620
Pittsburg A Western.....
334,437
___________
1,280
136,586
14,040
July 1 to Nov. 30 ..
550.430
5*7,498
Rio Grande Southern.... I
2 2 0 ,01S
32,095,
3.695 San Ant.AAran.P.b Nov.
79,332
80,778
St. Joseph A Gd. Island
215,319
205,414
140.978
547,292
32,759
Jan. 1 to Nov. 3 0 .. .. 1,943.645 1,861.430
469,795
St. Louis A San Fran.......
157,100
39,700
342,261
438,015
958.282
July 1 to Nov. 3 0 ---- 1,070.467
8t. Louis Southwestern.
...
597,989
111,753
Southern Paoitio. b.-Nov. 5,400,852 4,896,881 2,000,153 2,112,848
Southern Railway... «
_ n . ___
13.058
299,480
Jan. 1 to Nov. 30. ...5 2 ,8 98,896 48,037,397 19.188,560 16,856,108
Texas A Pacific..............
July 1 to Nov. 3 0 — .25,499.075 23,658.184 10,033,874 10,099,324
50,629!
4,188
Toledo A Ohio Central..
186,544
62,637
61,071
Toledo A Ohio Oen.liNov.
187,203
337.330
79,962
W a b a s h . , . . . ...................................... ,
___ __
524.589
451,072
Jan. 1 to Nov. 30 . . . 1,705,317 1,550,894
112.238
6,808
Wisconsin Central....... .
41.063;
1,300
725,213
216,744
269,798
July 1 to Nov. 30 .. .
832,131
Wheeling A Lake E rie..
147,463
6.710 dof.6,590
W.jerseyASeas‘e.b..Nov.
161,363
94,475
683.206
607,712
Jan. 1 to Nor. 30 . . . 2,510,883 2,337,366
Totalled roads)___ . . . 110,572,7*1 9,419,43*1 1,247,732
317,892
114,013
121,010
W*et.N.Y.APenn.b.,Nov.
295,462
1,153,257
Wet Increase (12-2* p. o.
826,326
924,978
Jan. 1 to Nov. 30 . . . 2,840,412 2,861,760
460,919
645,351
July 1 to Nov. 30___ 1,441,298 1,578,123
For the third week of December oar final statement covers
• arter deducting “
in
85 roads and shows S tl per cent increase in the aggregate November, 1893. wasreserve fund for repairs of steamers,” balanoe to
$93,457, against $59,331, and from May 1
November 30 $824,188, against $363,151. The reservefuad for depreci­
over the same week last year.
ation and general and extraordinary repairs of steamers has Dean
Increased to' the standard of the English companies, i. e „ five per cent
Increase. Decrease.
1898.
1897.
3d tceck. o f December.
upon the value of the steamers.
a. Net earnings nere given are after deducting taxes,
*
$
b Net earnings here given are before deduoting taxes.
8
?
122,364
798.268
Pwnooflly rep'd t72c'da ! 8,534.389 7.358,935
Interest Charges and Surplus,—The following roads, in
2
1,190
Ghatlanooffa {Southern..
1,188
1,154 addition to their gross and net earnings given in the fore­
. .
14,836
13.682
Cleve. Canton & Soath’n.
2,933
45.571
43.504
FU. Cent, A Panina alar..
going, also report charges for interest, &o,, with the surplus
713
....
30,722
30,009
G a fin a A A labam a.......
s
6,238 or defioit above or below those charges
80,613
80,851
Kan. City Ft- 9. A Mem..
■lnl.,M enlals, d o.— . r-B a l. o f N et N a rn ’g s ,
'to.l
883
36.901
38,021
Kan. City Mem. < Blrm.
fe
1897.
1898.
1897.
1898.
195
7.067
....
8,872
EjtnsM City A Omaha ..
801
Roads.
$
10,280
11,081
Keokuk* western..........
342,490
382,519
379,109
322,851
. . . . --- Ohio. R. Isl. A Pao...Nov.
1,604
9.200
10,804
LooUrille Bend. A St. L ..
. . ...
536
July 1 to Nov. 3 0 — . 2,582,811 2,740,007 2,854,414 2.275,707
13,041
13.105
Mexican Southern..........
209,069 *L69,297 *109,299
184,260
1,015
Denver A Rio GFde.Nov.
4.177
5,192
N
orthern Alabama-----July 1 to Nov. 30 -. 1,010.177 1,025,126 *752,917 *509,914
4,232
8,704
12,938
Texas Central..*............
105,537*def.l8,l45*aeU9,479
103.990
12,224 Long Islaud RR — Nov.
91,308
79,082
Un, Pae. Den. A G o lf....
513,788
'526,536 *139,398
503,337
July 1 to Nov. 30 .. .
117,193,dof.32,799*del'.37,706
115,382
143,420 Long IslandRR,8ys..Nov.
809,736
8.384,361 8,218,551
571,823
*584,227 *498.892
560.204
July 1 to Nov. 30 ...
666.310
............
Net Inerenee *8*11 n. < u J
14,140
9,432
6,008
17,923
Rio Grande Southn. Nov.
70,700
15,040 def.3,886
89,617
July 1 to Nov. 3 0 ....
For the month of Dacombor 02
—* ,—
■ — -----39,750
*19,315
*21,821
43,331
Toledo « O. Cent...Nov.
193,752
*62,121
*27,617
209,874
July 1 to Nov. 3 0 ....
Dished statements for the fall month as yet) show aggregate
■o-fter allowing for other income reoeived.
results as follows :
R ood s

$

THE CHRONICLE.

40

[VOL. L X T III.

(§69,000 in all) have been selected by lot to be paid for at 105.
ANNUAL REPORTS.
See advertisement on another page.
Improvements .—Improvements costing, it is stated, $2,000,Annual Reports.—The index to recent annual reports is 0
omitted this week, bnt reports published during the last half 0 0 are contemplated. President Miller is quoted thus:
“ Most f the
proposed expenditures will be com pleted In
of 1898 can be found by reference to the general index in 189&, butoa partwork covered by thelonger time. These expenditures w ill in no­
o f it will require a
last week’s C h r o n i c l e , where all references to annual re­ wise allect dividends, although the work is to be paid for out o f th e road’s
earnings. The track elevation o f the Chicago division will be com pleted dur­
ports are designated by heavy type.
ing the year. A double track from Savanna. la..to Sabula, 111., 2V^ miles, will be

GENERAL

INVESTMENT

NEWS.

Reorganization Plans, Etc.—See index in last issue.
American Steel & Wire.—New A cquisitions P roposed—
New Stock Issue.—There have b38u numerous contradictory
statements afloat as to the company’s plans for acquiring
control of additional plants. Consequently as the co mpany’s
headquarters are in Chicago, the following from the Chi­
cago “Economist” is of interest:
It ca n be
a u th o rita tiv e ly , th a t n e g o tia tio n s are w ell a d v a n c e d
fo r the a cq u isition o f the W ash b u rn -M >en Co. aud fo r th e C le v e la n d
R o lliu g Mill Co. In fa c t it Is u n d erstood th a t b o th c o n ce rn s h a v e
been secu
rm e r t a p
f
,5 0 0
d the
firaotldallv 1,5 0 0 ,0 0 0 ,red ,t th e fom a n a gaem enricef oth e$ 3A m e r,0 0 0 anteel &
utter fo r $
b u the
t o
ic a n S
W ire Co. w ith h old s officia l a n n o u n ce m e n t on the su b ject. T h ere is n o
d o u b t that th-i p ro s p e ct o f m thing these p u rch a se s w a s t h e ca u se o f
the ranid a d v a n ce in S tsel A W ire co m m o n an d xireferred th e first o f
this week
It is re p o rte d that the co n ce rn s m e n tio n e d a b o v e w ill be
j» kid for in ca sh , w h ich w ill b e ra ised b.v an issue o f $ 5 ,0 0 0 ,0 0 0 p r e ­
ferred 8took , to be sold a t p a r t o h old ers o f th e p r e fe r r e d n o w o u t­
sta n d in g , on e share o f new p referred to o a r r ? a share o f co m m o n .
H o ld e rs o f the p resen t p r e fe r red w ill bo g iv e n th e rig h t t o s u b scr ib e
p ro rata fo r th e n ew s to c k . L a st m onth a B oston h ou se sen t o u t a c ir ­
cu la r a sk in g that W a sh b u rn -M oen s to c k b e d e p o site d u n d er an o p tio n
arrang< m ent p erm ittin g its sale at 1 6 2 Hi a n y tim e u p t o J a n . 1. I t is
said th a t b u t little s to c k w as d o p o s it e i.
It is also said , a u th o ri­
ta tiv e ly , that this <&U fo r rh-5 s to c k had n o rela tion sh ip w ith the
A m erica n Steel & W ire n eg o tia tio n s. O th er p la n ts m a y b o a cq u ired .

The “ Iron Age” has the following :
The American Steel & Wire Co. has practical control of the Cincin­
nati Barb Wire Co., the Pittsburg Wire Co., the rod and wire plant of
the Shenango Valley Steel Co and of the Cleveland Rolling Mill Co.
Negotiations are still progressing with the Oliver Interests at Pittsburg
and with the Washburn-Moen Co. We understand that the capital
stock of the American Steel & Wire Co., now $24,000,00u equally
divided between common an*l preferred, is to be increased to close oil
to $100,000,000, also equally divided between common and preferred.
Report has it that negotiations are pending for a steel plant in Cen­
tral Ohio.—V. 67, p 632.

Baltimore & Ohio HR.—Schuylkill River East Side RR.
Plan .—The Paul Committee representing the
bonds of the Schuylkill River East Side RR. (see V. 67, p.
1109, 1206) announce in substantially the following words the
terms of a proposed agreement with the Baltimore & Ohio :
—Proposed

The Baltimore & Ohio, as reorganized, to take a lease of the Schuyl­
kill River East side RR. at a rental sufficient to pay interest at the
rate of 5 per cent per annum free of taxes upon the first mortgage
bonds in consideration of the agreement on the part of the bond­
holders that the B. & O., as reorganized, shall have the option to purchase the said bonds at the price of 110 and accrued interest upon
thirty days notice at any time after the expiration of two years from
Dec. 1.1898, and prior to Dec. 1, 1903. The B. So O., as reorganized,
is also to guarantee the payment of a sum sufficient to pay the inter­
est at 5 percent upon the bonds until Dec. 1, 1903, and should the
option to purchase not be exercised prior to that date, to guarantee
the payment of interest until, and the principal at, maturity. Upon
the arrangement becoming operative the coupon now in default will
bepaidin cash.
The arrangement will not become operative until all the holders of
such bonds outstanding, or such lesser amount as such reorganization
managers or the new company shall approve, shall have assented
thereto and presented their bonds for stamping accordingly. Bond­
holders desiring to accept the arrangement must deposit their bonds,
or their receipts representing the bonds already deposited with the
Pennsylvania Company for Insurances on Lives and Granting Annui­
ties. 517 Chestnut St., Philadelphia, on or before Jan 10, 18^9
Jn case the proposed arrangement should not become operative, we
will hold the bonds for the protection of the depositors. We regard
the proposed arrangement as highly advantageous to the bondholders
and urge a prompt deposit of the bonds.—V. 67, p. 1356.

Baltimore & Ohio Southwestern Rj . —Receiver Appointed
At Cincinnati on Saturday last Judge Judson Harmon,
general counsel of the company, was appointed its receiver.
This is merely incidental to the proposed reorganization.
The company confessed judgment, for $809,100 to the Mer­
cantile Trust on a loan of $ 0 ,0 0 made last October.
80 0
On Jan. 5 Judge Thompson, of the United States District
Court appointed Mr. Joseph Robinson co receiver. Mr Rob
msonis now with the Norfolk & Western as Superintendent
of the Scioto Valley Division.
Plan Endorsed .—The directors have endorsed and urgently
recommend the acceptance of the plan of reorganization as
published in \. 67, p. 1261, 1262.—V. 67, p. 1355;
. I*0 I. ,'n Terminal-New York New Haven & Hart­
H
t
ford R R I\ew Boston Station Opened.—The new Union Station at Boston, one of the largest and finest railway stations
in the world, was dedicated last Saturday, and oil Sunday
was put in regular use.—V. 67. p. 1355, 1208.
*
liindingtoii.Cedar Rapids & Northern R j.—E xtra Divi<lrncl.—Tho directors have declared a semi annual dividend
?} 5-Per cent and an extra dividend of 2 per cent, both payablefceb. l. The rate was 4 per cent per annum regularly
from 1896 to 1898 and 3 per cent from 1893 to 1895, both in­
clusive.—V. 66, p. 570.
’
thi.c¥ 2 .& Alton RR.—No Sale Y et .—It has been widely
reported this week that the Chicago & Alton sale has been
finally consummated, but from all we can learn the report is
premature and the outcome of the deal is still dependent on
various contingencies.—V. 67, p. 1262.
*
o Chicago Milwaukee & St. Paul Ry.—Bonds Called —
Sixty-nine income sinking fund convertible 5 per cent bonds

constructed. Grades will be cut down and bridges strengthened from Sabula,
la., to Marion, la . a distance o f 9" miles. Work o f strengthening bridges from
Marlon, la., to Council Bluffs will be commenced. Grades on the La Crosse
division will be lowered and bridges strengthened. There will also be many
miles o f tracks ballasted on all lines where it is needed. The road is build­
ing Us own freight cars, and a full force will be maintained in the car shops
until n ext September, when a sufficient number o f cars will be com pleted to
meet all requirements. As the road is well supplied with engines, none
will be purchased ”

Des Moines Northern & Western Purchased.—The Chicago
Milwaukee & St. Paul By. Co. has acquired practically all
the stock and bonds of the Des Moine3 Northern & Western.
The road is 149 miles long and comprises two lines, one from
Des Moines to Fonda, 114 miles, and another to Boone, 35
miles.—V. 67, p. 577.
Citizens’ Street RR. of Indianapolis.—R esignation o f
D irector—Plan o f R eorganization .— Mr. W. W. Kurtz is
quoted as having replied substantially as follows to the in­
quiry why he was to retire from the board of directors:
“ My retirement is principally for the reason (there are
others) that a scheme has been formulated for the settlement
of the franchise difficulties of the company which embraces
a plau tor the reorganization of the company of which I do
not approve, because in its effect it divests the stockolders of
too much of their rights and bestows them upon those who
are not entitled to them in any manner.”—V. 67, p. 1356.
Columbus Hocking Talley & Toledo Ry.—Columbus San­
dusky & Hocking RR.—Toledo & Ohio Central Ry.—R e ­
organization Plan. —J. P. Morgan & Co., after a protracted
examination that satisfies them of the necessity for a large
reduction in the fixed charges, have issued a plan for the re­
organization of the Columbus Hocking Yalley & Toledo By.
This plan, as expected, provides for leaving undisturbed the
$6,085,000 bonds issued prior to the $8,000,000 consol, os of
1881, and also car trusts to the amount of $1,070,000. The
$300,000 outstanding bonds of the Wellston & Jackson Belt
Bailway and the $175,000 outstanding bonds of the Ohio
Land & By Co. may be excluded from the reorganization or
dealt with on such basis in cash, or in new securities, as the
reorganization managers shall deem expedient.
The property will be foreclosed, and the other bonds ex­
changed for new securities on certain terms. The plan
authorizes the issue of $5,000,000 common aud the same
amount of preferred stock “ for the purpose of acquiring in­
terests in the Toledo & Ohio Central By. and Columbus San­
dusky & Hocking BB. Co., or successor companies, if at any
time thought practicable and desirable.” A syndicate has
been formed which undertakes to furnish the estimated cash
requirements of the plan, The plan in detail is given in our
advertising department.—V. 67, p. 1306, 1160, 733.
Eastern Trunk Lines. — Rates to be M ain tain ed . — At a
dinner given at Cincinnati on Dec. 29 by President M. E.
Ingalls of the Cleveland Cincinnati Chicago & St. Louis and
Chesapeake & Ohio railroads, an understanding was reached
that freight rates shall be maintained from Jan. 2, according
to the tariff filed with the Inter-State Commerce Commission
at Washington. President Ingalls’ guests included:
W . M. Green, Vice-President o f the Baltimore & Ohio Southwestern; Samuel
H un'. Receiver o f the T oledo St. Louis & Kansas City; James McCrea, V icePresident o f the Pennsylvania (W est); E. R. Bacon, President o f the Balti­
more & Ohio Southwestern; V. T. Mallott, Receiver o f the Vandalia Line; W.
H. McDoel. Vice-President, and General Manager o f the Chicago Indianapolis
& Louisville; M. D. W oodford, President o f the Cincinnati Hamilton & Davton; \V. H. Conuiff, President o f the New York Cnicago & S '. Louis; Charles M.
Hayes, General Manager o f the Grand Trunk; George T. Jarvis, R eceiver o f
the Louisville Evansville & St. Louis; J. J. fcLarahan, V ice-President o f th e
Illinois Central. M. J. Carpenter, President o f the C hicigo & Eastern Illinois
RR., and Edward Colston, o f Cincinnati.—V. 69, p. 1044.

Litchfield Carrollton & Western RR.—Sale Confirmed.—
The sale of the property to Johnson Bros. & Faught of St.
Louis. Mo., on Nov. 26, has been formally confirmed by the
United States Court. It is understood the firm has trans­
ferred its rights to H. S. Carroll and D. B. Francis.—V. 67,
p. 1161.
Lynn & Boston RR.—New Stock.—The Lynn & Bos­
ton RR. Co. has applied to the Massachusetts Railroad
Commission for authority to issue $960,000 new stock to be
used in part for the retirement of the coupon notes of 1897,
the total authorized issue of which is $1,200,000.—V. 67, p.
1260; V. 65, p. 1171.
Metropolitan West Side Elevated RR. of Chicago.— Sold.
—At the foreclosure sale Wednesday, Jan, 4, toe property
was purchased for $6,000,000, the upset price, by Frederick
P. Olcott, Chairman of the Reorganization Committee. The
reorganization plan, now to be consummated, was in V. 67,
p. 126, and provides for the issuance of $7,500,000 common
and $9,000,000 preferred stock, and a mortgage to secure
$10,000,000 of 4 per cents due Aug. 1,1938.—Y. 67,p. 1357.
Michigan Telephone Co.—Erie Telegraph & Telephone
Co.—Purchased.— A controlling interest in the $3,500,000
capital stock of the Michigan Telephone Co., it is under­
stood, has been acquired by the Cleveland Telephone Co.,
which is one of three subsidiary properties of the Erie
Telegraph & Telephone Co. The Michigan Company in
1897 authorized the issue of $750,000 of 5 per cents due
July 1, (917 (V. 65, p. 621). A Cleveland paper said recently:
Papers were exeoutea to-day to transfer a large interest in the stock o f the
Michigan telephone Co., and placing the management under the control o f the
managers of tue Cleveland Telephone Co. The Michigan company operates

J a x u a b t 7, ’ ‘ 9

THE CHEONIGLE.

exclusively under

the American B el1Taiepbooe Compan>*5 license in Michi­
gan, with !.>.* subaerioera and l 1 .
imk*-* o i long distance wire. The capi­
tal stock o f the comp »ay is
o‘
V. 63, p. SK .,' V 37, p . 6S&
H r.

Nashville Street R j . —Bonds Called.—All the remaining
bonds of the old South Nashville Street Railway, §115,900 in
amount, have b-en called, ami will be redeemed on Jan. 31
at First National Bank of Nashville.—V. 87, p. 1004.
New York (las & Electric Light Heat k Power—
-Edison
Electric Illuminating Co. of New York.— Deal Pending .—
Negotiations for the acquisition of the Edison Electric Illu­
minating Co. of New York by the New York G
ras &
Electric Light, Heat & Power Co., it is understood,
are proceeding favorably, and will probably soon ba com­
pleted. While the terms are withheld, it is supposed
the Edison stockholders will be given bonds in exchange
for their shares in a manner similar to that employed in the
case of the Brooklyn Company. The advance, moreover, in
the securities of the Kings County Electric Light& Power
Co., controlling the Brooklyn Company, as well as the ap­
pearance of Mr. Brady's name in connection with both the
new companies, gives’color to the idea some time since sug­
gested thot the Kings County Co. will also be controlled by
the New Y'ork Gas & Electric" Light, Heat & Power Co.—V.
87, p. 1283, 1207.
New York New Haven k Hartford RK.—Bowlx P aid. —
The company has paid in cash the §1,300,000 New Haven &
Northampton 7 per cent bonds dne Jan. 1.—V. 67, p. 1203.
New York Ontario & Western Ry. — Additional Coal
Properties .—The following official announcement is made :
“ All the coal properties of the Lackawaana Iron & Steel
Co. in and about Scranton (formerly of toe Lackawanna
Iron & Coal Co.), estimated to contain from 25,0 > ,0 0 to
00
30,000,000 tons of anthracite c^al, have been purchased by
parties interested in the New Y'ork Ontario & Western Ry.
Co., and the transportation of the output will be secured to
the road of that company. The capacity of the collieries
now open is about 800,000 tons per annum. The coal pur­
chased is of the highest grade, and has been used extensively
In the manufacture of steel at Scranton and other places."
The price paid by the syndicate, it is stated, was §1,000,000.
The additional coal traffic, it is expected, will raise the ton­
nage of the railroad company to a total of about 2,000,000
tons a year. It is understood that a company will be formed
to mine and deliver the coal to the railroad, and that it will
sell out to the New Y'ork Ontario & Western Ry. Co. at
cost, should that company’at any' time decide to purchase the
property.—V. 67, p. 1264.
North Hudson County Ry.—North Jersey Street Ry.—
North Jerreij Interests Secure Control .—Bernard M. Shanley,
a large stockholder in the North Jersey Street Ry., and his
associates, have purchased enough capital stock of the
North Hudson County Ry. to give them control of the prop­
erty, The purchase price is not announced, but it is said to
have been about 185. This purchase has been followed by
an agreement with the North Jersey Street Railway Co. by
which the latter will allow the North Hudson to run its
trolley cars over the North Jersey tracks in Wayne, Gregory
and York streets, Jersey City, and thus reach the Pennsyl­
vania Railroad ferry from Hoboken. This will do aw&v with
the use of horse cars over the Jersey City end of the Hudson
County line.
Mr. Shanley and his associates have long owned a quarter
interest in the §1,000,005 shock of the North Hudson County,
and the present purchasem vie from President Myles Tieraev
and Messrs, Ballantine and De Forest raises the amount
owned, it is said, to about 3750,000. The change of control
practically unite* the North Hudson County to the North
Jersey system, and it is thought doubtful whether any far­
ther steps towards merger will be taken, since they wonld
involve, it is said, allowing passengers to ride over 15 mile3
for 5 cents. The Bergen County Traction Co. is also reported
to have been acquired by' North Jersey interests.—Y. 62, p.
lit: V. 67, p. 530.
Ogdensbnrg k Lake Chant plain Ry.—Rutland RR.—Sold.
—The reorganization committee of the Ogdensburg &
Lake Champlain RR. has contracted to sell the old consols
which it holds at 105 and overdue interest to the Rutland
RR, Co. This is done in accordance with the terms of the
original plan of reorganization, and renders inoperative the
modification of the plan proposed last December. The total
issue of consols is §3.500,000,‘and the last coupon (aside from
the 2 per cent recently paid for account of the new bonds
proposed to ,be issued in exchange) was that of Oct., 1896.
The sale, therefore, it appears, calls for the payment of
§4,000,i 0 or more. Announcement will be made at once to
0
the security holders ns to tbe amount payable to them for
their interest in the proceeds of sale.—V. 67, p. 1161, 1209.
Oregon RR, k Navigation.—Bonds Called.—There have
been called for the sinking fund §159,000 of the Oregon Ry.
& Navigation first mortgage 6 p. c. bonds, See advertisement
on another page,—V. 67, p, 1208.
Philadelphia Reading k New England.—Offer to P ur­
chase .—The reorganization committee has sent a circular to
holders of certificates of deposit representing the first m
orfc
gage bonds offering to purchase about 49 per cent of their
holding*. The Philadelphia “Financial News" says:
Th<s prices ofler©<i. which Are on ft basl? a little better than the foreclosure
sale dUtrfbutdve rqinr, plus
f>>r <4s*p<i*meTit paid, xro os follow s: 4s, $824 91;
4-3*. **7« «0: g,. 1702 84. A bolder o f one bond mar sell the whole, and All hold<?-« are r-^jne ■•- i to indicate §rh«? greater proportion than
*•
•
per cent they
would sell. The offer hoid# good until Jan. 10, inclusive, and holders will bo

41

■
^51 !Jei-V 'e r k 1•* . a sufficient amount has been received to carrv out the
n * 1 "'1
Vmfm^wiu -Vie coratulut-Be saT tlle reorganization plan is to be carried out, and
!l,) ' n TOWy say that the management floes not eomnrehenfl
a transfer o f a controlling interest to outside parties, though the offer caused
home surmise that, the contrary m ight be the ease —V. 07, p, 1058,
sed

St. Joseph & Grand Island Ry.—Dividend Deduced.— The
mrectorsThursday declared a dividend of 2 par cent on the
first preferred stock. Both in January7and July, 1898, 2Cf
per cent was paid—Y. 67, p. 947.
St. Louis & Northern Short Line.—St. Louis Peoria &
Northern Ry.—Lease.—Since tbe organization last week of
the St. Louis & Northern Short- Line Co. (Y. 67, p. 1858), its
stockholders have authorized a lease of the St. Louis Peoria
& Northern Ry. Co., now operating 164 miles of railroad
from St. Louis to Peoria.
The new line northwesterly from Peoria to the Mississippi
River ha* been definitely located to a connection with the
■St. Paul" and “ North Western” systems at Bast Cliuton, and
with the “ Rock island” system at Moline. Toe survey of
the short connection southward from Marine, 28 miles from
St. Louis, to a connection >
ifch the Louisville & Nashville
system has been nearly completed. Two engineering parties
are at work in the field to determine the low grade short line
iur the branch to Chicago. W, D. Taylor, formerly con­
nected with the Louisville & Nashville system, is the Chief
Engineer and Superintendent of Construction. Proposals
for the equipment of the new company are being considered.
The steel rails for the entire line contemplated have been
purchased from the Illinois Steel Co. and partially delivered.

Of t h e §13,160 0 0cash subscribed for the completion of this
0
St. Louis enterprise, as outlined in V. 67, pp. 843, 902, 957
r.nd !358, §4,060,009 has been paid in, and the remainder is
subject to call as required.

John N. Fairhorn, now president and General Manager of
the St. Louis Peoria & Northern Ry. Co., will become the
President of the St. Louis & Northern Short Line. The St.
Louis & Northern Short Line Co. has assumed the lease of
terminal facilities in Chicago, made in October last by the
St. Louis Peoria Y Northern Ry. Co., and §264,000 has been
paid on account of rental, in conformity with the agreement
for com mural of rental for ten years.—V. 67, p. 1358.
Seaboard Air Line—Seaboard & Roanoke litR.—Offer to
Purchase.—a syndicate headed bv John L. Williams & Sons,
of Richmond, and Middendorf, Oliver & Co., of Baltimore,
has offered to purchase tbe stock of the Seaboard & Roa­
noke i which controls the Seaboard Air Line, with its 928
miles of road) at a price which President Hoffman recom­
mends the holders to accept. Tbe total issue of Seaboard &
Roanoke stock is §1.383,400, of which about §333,100 is held
in the Hoffman pool, and is subject to sale upon vote of
three-fourths in amount of the certificates of deposits repre­
senting the same (see V. 63, p. 715, 795, 924.) The pooling
committee consists of Louis McLane and L.R. Watts.
The syndicate agrees to purchase the pooled stock, and it
is understood it will offer to buy at the same price the shares
not controlled by the pool. This price is reported .in Balti­
more to be §200 per 8100 share. The syndicate, it is said,
will also purchase stock in some of the other companies of
the system. §80, it; is claimed, having been offered for Raleigh
& Gaston shares and §2,0e0 or thereabouts for shares of the
old Bay steamboat line.
Thomas F. Ryan, who owns about one-fourth of the Sea­
board & Roanoke stock (including some of the pooled shares),
and who has been trying for two years past to secure control
of the property, on Thursday filed an application for an in­
junction in the Circuit Court at Baltimore to restrain the
pooling committee from transferring about 3,000 shares of
the pooled stock to any person other than himself and to
compel the delivery to nim of said 3,000 shares at §125 per
share, in accordance with an agreement made on Oct. 6,
1836 jb V. 63, p. 924). Mr. Ryan contends that a oontroling interest in the Seaboard & Roanoke cannot be secured
without this block of stock.
The purchasing syndicate is reported to include, with the
firms above named,The Richmond Trust & Safe Deposit Co.,
the Mercantile Trust & Deposit Co. of Baltimore, the Balti­
more Trust & Guarantee Co. and the Produce Exchange
Trust Co. of this city. John Skelton Williams, who is prom­
inent in connection with the transaction, is President of
tbe Georgia & Alabama Ry., operating 459 miles of road be­
tween Montgomery, Ala., and Savannah, Qa„ as shown on
:uap in I n v e s t o r s ’ SUPPLEMENT, p a g e 64. Mr. Williams is
quoted as saying :
“ I do not apprehend that t h e r e will he any serious trouble caused
by the action taken by Mr. Ryan. It may postpone the full development of our plan for a short while.
“ Our c nf i r;i with President if oilman calls for the delivery of 7,400
,
share* of Seaboard & Roanoke stock. I exxiect Mr. Hallman's di­
rectors will bo in n position shortly to inform os whether they can do
so. Tfam hot- at liberty to divulge our planin full at present, as the
details will have to' lie worked out. The syndicate, however,
will maintain the Seaboard Air Line as an independent system,
The purchase was not made in the interest of any other railroad com­
pany, nor lifts the Southern, the Atlantic Coast Line, or the Pennsyl­
vania the least iotfsrest iu the syndicate. We bought the property as
an investment, and will operate it on our own account and not in
connection with any other system.” —V. 67, p. 1309.

Western Maryland RR.—Bonds Paid.—The §120,000 of
Baltimore & Hanover first 6s, due Jan. I, 1899, were paid at
the Mercantile Trust & Deposit Co., Baltimore.-—
V.66, p. 810.
Zanesville Ry. & Electric.—Sold.—At the foreclosure sale
on Jan. 3 the property was purchased as an entirety for
I §75,000, the upset price, by J. M. Graham, of Boston, repre­
senting the bondholders.—V. 67, p. 1162.

THE CHRONICLE.

42

Jh e (ftcrmraercial jin xe s,

C

COMMERCIAL

EPITOME.
January 6, 189).
The observance of a holiday early in the week has inter­
rupted business to some extent. Merchants also in a num­
ber of instances have had their time engaged in preparing
their books, stocks, etc., and salesmen are only just starting
on the road; consequently business has barely gotten under
way for the new year. Nevertheless, in a number of lines
of merchandise trade has been reported as satisfactory and
the feeling of confidence in future prospects has continued
general. The situation at Iloilo, in the Philippine Islands,
has received considerable attention. The speculative mar­
ket has been less active, as there has been a falling off in the
demand from outsiders. There has also been considerable
selling by recent buyers to take profits.
F r i d a y N ig h t ,

Slocks o f Merchandise.

Pork...................................... bblii
Lard........................................ tos.
Tobacco, dom estic............hhds.
Coffee, Rio........................... bags.
Coffee, other........................bags.
Coffee, Java, A c................. mats
8 a g a r... . . . . . . . . . . . . . . . . . . . hhdfl
8a gar......................... ..bags, Ac.
Kolas see, foreign . . . . ___lilids.
Hides................................
No.
Cotton..............
...bales.
Bos In__ . . . . . . . . . . . . . . . . . . .bbls.
Spirit* tu rp en tin e............ bbls.
Tar........ ............
......b b ls .
Hloe, E. I ............................bags.
Rioe, domestlo.....................bbls.
Linseed............................... bags
Saltpetre..............................bags.
Jute butts.....................
baleB.
Manila hemp.................... bales.
8lsal hemp............ .......... bales.
Flour..................... bbls. & avoirs

Jan. 1,
1899.
15.365
20.882
6,288
5C
2,250
76,055
104,412
Noue.
20,957
None.
61,100
88,108
19,984
3,057
1,435
3,100
2,200
None.
3,000
None.
17,527
66,860
87,400

Jan. 1,
1898

Dec. 1,
1898.
13,555
13,101
8,939
682,531
107,753
92,500
None.
None.
None.
60,000
100,801
10,843
2,010
780
1,100
3,600
None.
1,7C0
None.
14,905
73,146
95,300

18,739
21,827
12,358
582 029
92,249
86,684
150
402,987
37 L

47.000
123,632
35,s08
1,926
1,778
1,400
5,200
None.
16,200
None.
24,375
4,982
163,500

Lard on the spot has been in moderate demand, and early
in the week prices were higher. At the close, however, there
was increased pressure to sell, and the improvement was
lost, closing at 5-?5c, for prime Western and 5-S5c. for prime
City. Refined lard has been in moderate demand, but the
close was quiet at 5 90c. for refined for the Continent. Spec­
ulation in lard for future delivery has been moderately ac­
tive, and on buying by outsiders for investment account
prices were advanced early in the week. At the close, how­
ever, the market was raided by prominent operators, and the
improvement was lost.
D A I L Y C L O S IN G P R I C E S O F L A R D F U T U R E S .

Sat.
J a n u a r y .......................................

M on.
h. d.

Tues.
5-87

Wed.
5 '8 7

[V ol . l x v h i .

T h urs.
Fri.
5 -8 7
5'72

Pork has been quiet and the close was slightly easier a
$9 62J^@ 87J£ for mess. Cut meats have been higher for
9
pickled bellies. Tallow has been sparingly offered, and
prices have advanced to 4c. Butter has been in only mod­
erate demand, but offerings have been limited and values
have held to a steady basis. Cheese has been quier, but
steady. Fresh eggs have had only a limited sale. Cotton
seed oil has been steady at unchanged prices, closing at 2i@
22J£c. for prime yellow.
Brazil grades of coffee were dull and easier early in the
week. Subsequently, however, there was a more active dis­
tributing business, and this, together with an improvement
in the statistical position, had a strengthening influence, and
the close was steady at 6J^c. for Rio No. 7 on the spot.
Mild grades have been quiet and easier at 8c. for fair Cucuta. East India growths have been quiet and without
changes. Speculation in the market for contracts has been
moderately active and during the first half of the week
prices declined under free offerings prompted by the full
movement of the crop. The close was steadier on renewed
buying for investment. Following are final asking prices:
Jau....................... 5 '4 5 e. I A p r il................... 5-75o. I A u g .......................5 '9 5 o.
Ebb............. * 550 M a y .................... 5 '8 0 o . Sept............. 6 0 0 o .
.
M a r ............. 5-65o. 1 J u ly .................... 5-90o. I Oot..........
605e.
Raw sugar has been in better demand and steadier, closing
at 4 5-16c. bid for centrifugals, 96-deg. test, and 3 13-16c. for
muscovado, 89-deg. test. Refined sugar has been moderately
active at lower prices, closing at 4 15 16c. for granulated.
Other groceries have been firm.
Kentucky tobacco quiet but steady. Seed leaf tobacco
quiet and without changes. Sales for the week, 690 cases.
A firm tone has dominated the market for Straits tin.
Offerings have been very moderate, and with a fair demand
and stronger foreign advices prices have advanced to 20-50@
20-70c. Ingot copper has continued in demand and at ad
yancing prices, closing firm at 13%@13^c. for Lake. Lead
has had a fair sale, but the close was less active; prices have
advanced to 3’95c. for domestic. Spelter has been quiet and
easy at 5@5‘05c, for domestic. Pig iron has been in fair de­
mand and firm, closing at $10 25@ 25 for domestic.
12
Refined petroleum has been steady, closing at 7-50c. in
bbls., 5c. in bulk and 8 25c. in cases. Naphtha steady' at
8 50c. Crude certificates have been dull; credit balances
have been steady at $119. Spirits turpentine has been firmer,
but the close was easier at 45@
45}£c. Rosins have been
quiet but stead}' at $1 40 for common and good strained
Hops have been in better demand and steady. Wool steady.

O

T

T

O

N

.

F r i d a y N i g h t , January 6, 1899.
T h e M o v e m e n t o f t h e C r o p , as indicated by our telegramH

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 385,969 bales,
against 296,053 bales last week and 363,880 bales the previous
week, making the total receipts since the 1st of Sept., 1898,
6,085,935 bales, against 5,873,737 bales for the same period of
1897-8, showing an increase since Sept. 1,1898, of 212,198 bales.
Mon.

Sat.

Receipts at—

Tuts.

Galveston......... 17,212 30,43 l 15,596
.........
473 . . . . . .
Tex. City, &o.
New Orleans... 23,258 5,126 11,922
401 1,030
600
Mobile..............
Florida. __
170
619 7,265
Savannah......... 4,171
Brunsw’k.Ac. 8,743
1,957
1,658
Charleston___
... . . . . . .
......
Pt. Royal,&c.
85
49
151
Wilmington___
.....
.
.
..
Wash’ton.&o.
2,315 2,476 1,969
Norfolk............
139
60 D
174
New York.......
806 1,454 4,410
Boston..............
756
334
251
Philadel’a, Ac..

Wed.
13,780

...

19,012
2,232
9,948

...

656

...

656

...

2,865
469
5,530

Thurs.

Fri.

Total.

9,151 11,022
.. . 1,721
6,683 12,509
290
594
6,469
3,924 2,773
......
7,213
1,324 3,243
......
322
642
352
41
......
2,203 3,235
243
500
150
3,288 2,040

859

182

97,193
2,194
78,537
5,147
23,730
15,953
8,83S
322
1,935
41
15,066
1,393
17,528
1,703

79

Tot. this week 60,858 40,6*8 45,085 56,037 28,187 55.105 28 i,9 60

The following shows the week’s total receipts,the total since
Sept. 1,1898, and the stock to-night, compared with last year,
Receipts to
Jan. 6.
Galveston...
Tex. C.,&c.
New Orleans
Mobile.........
Florida.........
Savannah...
Br’ wickj&o,
Charleston..
P.Royal,Ao.
Wilmington.
Wash’n, Ac.
Norfolk.......
N’portN.,Ac
New York..
Boston........
Baltimore. .
Philadel, Ao.

1898-99.
This
week.

Since Sep.
1,1898.

1897-93
This
week.

Stock.

Since Sep.
1, 1897.

97,192 1,870,639 52,225 1,431,918
2,194
52,014
3,623
58,657
78,537 1,429,847 117,484 1,642,136
5,147 189,810 18,321 245,424
6,639 129,290 12,288
69,494
23,730 845,514 29,771 890,077
15,956 214,018 11,468 154,219
8,s38 319,260 12,394 372,429
322
19,853
464
50,183
1,935 271,462
5,045 276,436
41
1,150
49
943
15,066 451,316 15,185 437,732
18,810
387
694
11,114
62,991
1,993
8,375
45,703
17,528 172,008
7,607 112,096
3,850
16,071
1,843
33,122
1,705
21,822
3,432
42,049

1899

1898,

321,417

208,748

476,368
39,151

495,423
72,606

141,981
14,621
35,586

147,515
9,279
45,652

15,676

25,522

39,024
2,137
84,292
39,000
17,629
4,856

91,397
870
121,621
49.090
28,115
10,727

Totals....... 285,960 6,08 %93 5 300.273 5,873.737 1,231.75* 1,306,475
In order th a t com p arison m a y b e m a d e w ith oth er y e a r f ,
th e to ta ls a t le a d in g ports fo r s ix seasons.

w g iv e b e lo w
e
Receipts a t—

1899.

1897.

1896.

1895.

1894.

Galves’n,&o.
New Orleans
Mobile.........
Savannah...
Chas’ton, &o.
Wilm*ton, Ao
Norfolk........
N. News, &c.
All others...

99,386
78,537
5,147
28,730
9,160
1,976
15,066
387
47,571

55,853
117,484
18,321
29,771
12,853
5,094
15,185
694
45,013

31,182
53,012
3,733
17,093
10,879
2,740
18,497
343
24,826

32,217
40,879
6,381
14,430
5,3 37
1,963
13,837
3,393
16,682

51,329
69,443
4,940
18,776
5,689
2,519
13,183
11,045
30,822

20,894
49.981
7,435
14.515
6,623
4,613
9,374
7,352
14,226

Tot. this wk.

235,960

300,273

167,340

135,322

207,746

134,813

1898.

Since Sept. 1 6085 935 5873.737 5119,790 3679,988 5595,698 4482,775

The exports for the week ending this evening reach a tota 1

of 305,850bales, of which 186,617 were to Great Britain, 33,894

to France and 80,339 to the rest of the Continent. Below
are the exports for the week and since Sent. 1, 1898.
from —

tfreek EndinQ Jan. 6.1899.
From Sept. 1,1898, to Jan. O 1S99.
,
Exported to—
Exported to —
Qreat
Conti­ lota l
Great
Conti­
France
France
total
Brit’n.
nent. Week. Britain.
nent.

Galveston...... 49,808 28,756 12,052 9O,0LO
397
397
Tex. City, &0..
New Orleans.. 82.096 9,700 19,273 111,609
4,412
4,412
Mobile............
3,030
?,702 5,792
Pensacola......
15,027 15,027
Savannah.......
16,841
10,844
Brunswick —
7,313
4,387 11,700
Port Royal—
Wilmington. .
9,943 9,943
Norfolk...........
N'oorl N., & c .
438 8,355 19,452
New York...... 10,059
7,865
105 7,980
1,783
7,i3S 9,221
Baltimore......
200
200
Philadelphia..
San Fran., &c.. 1,997
1,997

833,920
11,812
512,209
114,343
00,943
43,215
127,503
70,203
18,138
111,981
19,597
18,081
146,573
204,703
08,247
11,420
9,150

291,307

314,371 1.144,598
8,044
19,840
279,282 950,450
8,071 123,014
5,549
51,337 117,834
27,979 381,559 457,753
63,804 191,812
130,725 200,933
18,138
183,707 245,748
24,251
43,848
18,081
14,68 J 110.143 277,399
t,175 205,943
400
50,279 124,926
11,426
23,421
32,571

158,359

T otal........... 180,017 38,894 80,339 305.850 2,332,114 493,277 1,593,429 4,483,820
Total. 1897-98. 87,501 19,705 122.022 229.228 1,854,391 51?,*-62 1,023,096 3.995.349

JANUARY

THE CHRONICLE,

7, 1899.J

43

In addition to above exports, our telegrams to-night, ai»o
E c r u res .—flhe highest, lowest and closing prices to,
give us the following amounts of ootton on shipboard, not Futures at New York are shown in the following table.
cleared, at the ports named. We add similar figures for
5
O
®
>
5
,R
$
New York, which are prepared for our special use by Messrs.
a O £ S Q S t ? Q S jft ',
Lambert & Barrows, Produce Exchange Building.
giog-'T'
P i g P I s B
S 3 S i B g
» a S S 3 » 7 £ B T an S | g o p g l § g § W i | g
5 B
oh

Jan. 6 at

nrrtPBOXRD, HOT CLEARED FOR—

Other
Great
Britain. France. Foreign

Ooattteise.

Total.

Leavin
Mtoek.

- ® “ >-®5V' ®2D® 2 S ® T w a
« : «■ ?: g * : f * ; £ « ; 1 « ;

i• ;

...................... *

2,470
50,200
43,137 17,867
20,000 None.
12,300
500
*,500
None.
None. 16,000
10O None.
None.
15,000

100,252
112,918
24.000
12.*00
1^,000
24.000
6,050
35.000

86.734

57.2 12 149,237 36 837

330,020

901,738

Total 1898. . 124,765
Total 1 8 9 7 ... 126,208

32,301 122,721 32 420
40,995 32,300 7,730

312,713
257,231

••

- • j

* i

~ I rJ 5
-W
D
<t> Pen Sft)
« ;
« ;
oS ®

>i

i j

ii

ii

i j

“ i

q, , |(gj ■

^ -

•»
s

ii

H'

993,762
997,131

New Orleans...
Galveston.........
Savannah.........
Charleston. . . . .
Mobile..............
Norfolk..............
New Y o r k .......
Other porta—

17,361
25,670
4,000
None,
0.500
is,000
5,200
20,000

Total 1 8 9 9 ...

30,218
26,244
None.
None.
None.
750
None.

376,138
203,499
117,981
22,786
4,1*1
15,o24
78,242
58,919

• lY a n o H *

■ lY a iT O H '

Speculation in cotton for future delivery has been only
o< at
01 01
c *o *
07 o t 07 07 07 07 07 07 07 07 OT ,
07 07
030,
d ; cr> CiC3
C-.C3
6 ) 05
03 03 07 O’ 07 01 « 1
dr n4
moderately active and no decided changes have occurred in
sf
to
If*tv
values. Early in the week the tone was somewhat unsettled. 1 3 t*£~ 1 O to 9 01 0 9 01 03 1^* 9 M O -3 d-3 03 © M g 01? D 1
1
1 9
£
1
1
1
1
1
®
Easier foreign advices, a continued full movement of the
o>
«jr Oi C7i V
07 01 0 * 0 1
O’ C
D 07 07
07 01 OtC77 07 07 0*07
crop and reports of slightly easier interior markets at the 1 1 OiCi 6 i6 > a a < 1 0 0303 OiCC O 07 CD07 07 0- o t d i d>07 <1
0303
03
07
CDC
O
to
00
Cv to
South had a weakening influence. There was, however, no
OtO» c
O*
aggressive selling. The baying by outsiders continued, L I o » c « C- rs, <33C> 6»c ?i eft O’ 0*05 07 07 07 07 07 ot 0*07 07 07
.0 3
co
coco
o »o«
07 0* 07 07 1^1^
l^ r ^
attracted by the comparatively low prices ruling, the
s §
x -j
07 07
#>•1
^
« «
to o
to to
cocc
03 01
CDCD
1
healthy conditions existing in the cotton goods trade and 1 a 1 d 1 d i ^ 1 3 ■ efr 1 ^ 1 d 1 9 1 9 1 ^ 1 9
$
C
7» CBCN >a»oi O’ O
fl 07 07
07 07
07 07
a
07 07
the brisk demand for actual cotton, and this served to hold
O’ 07 07 07
o*o«
C3C3
d . 03 o d
C5 “*4 C3C3 C3C3 O C 3
07 05 Cno* 0107
if - d i
the downward tendency to prices in check. Subsequently un­
OO
C&O
WCD COit* o c o
1
©#S
if* 00
0 3 -q
OH
< JO
03 co
favorable weather conditions at the Sonth, a falling off
WM
Ol
O’ CD ?
0*01
0*07
07 07
07 07
07 ,
» 1
in the crop movement and a steadier turn to foreign ad­ ? I ff le a o> 07 C3 1 o < j 07 O' 0303 O) C3 01 *1 07 07 07 * d * d i >
c>
0303
Ifs
0
vices had a strengthening influence. Owing, however, to 01 $ iC cc c c ao 01 3 >1-* 0 0r 3 D 03 O' fcOM 00 d Ol d to t o o g
a
0
t ?>
1
i
1 d
1 d
1 «
the fact that buying by outsiders bad subsided to a consider­
O'
able extent and there was comparatively little buying by reg­ 3 ' 0 )0 3 o » o « <P '. o »o * 0107; O’) 6 , 07 607 07 1 07 07 cnf i* 07 07 1
f
03Ci
«T
>
0 0
O 10
6
6
0*07
07 07
CO
to »-* coco
- 03 co
<103
03
03 to
0303
ular operators, the improvement in prices was slight. To-day
the market was moderately active and firmer. A limited O ita 0 - ,
OtO» 07 07 07 07 0 . 0 .
0*07
O* 07 07 01 Cb07
? 1
number of foreign baying orders were received and there - J O 0 1 0 0o
O -J
-J-J
03 0
03 03 d t O’ d r 01 0 07
e b c3
?
<1
i^
0
was some baying for Southern account. The crop movement 01*0 * C4 4 t o A to !» O’ tv t o o 1 CD 03 ^ 0f . 81 CDSI 1 © <107 S :
f*
1
1 a
'
*
1
1 9
was light, and this was given as the principal strengthening
U til*
OlOt
07 01 07 07 07 07 O’ o t 07 01 07 07 07 07
feature of the situation, although it was generally stated C*C5 0 0- - 0 0 0 0 0 ita c- o1coJ *-j< l 03 03 0 .0C3O 03 0 Or0CJ7 07 07 <
0
*
-JO
03
03 03
G
coco
-1 -J
0 0
0
0 3
GO
OD
that the unfavorable weather at the Sonth was largely
responsible for the smaller receipts. At the advance in
, ®
1 'jn 1 ^
V
1
1 ^
1?
1 *
1 ?
1 ?
i °r
1 ?
1
O
' C3
* G3
' 03
' 07
• Ol
I Jh1 i
1 ^
prices outsiders were moderate sellers to realize profits. The 1 c » 9 '
to
tv
01
03
to
03
CO
V
00
s
1 S
1 s
I 9*
1 ®
1 ^
1 d
1d
close was steady, with prices 3@ points higher for the day. 1
5
i s
1 s
1 ®
1 d
C
b
Cotton on the spot his been qaiet bnt steady, at 5Tjjc. for 1 w 1
I »
1 ?
1 °7
1 ?
1 ?
1 ?
1^
1
1 ?
1 05
• O
1 07
0
1 O
‘ 03
‘ c
1 07
' <1
' <1
middling uplands.
-1
C
*3
a
03
C»
00
0
C
O
03
00
0
The rates on and off middling, as established Nov. 10,1893.
Lhe V isible S u pply of C otton to-night, as made up by
by the Bevision Committee, at whioh grades other than
cable and telegraph, is as follows. Continental stocks, as well
middling may be delivered on contract, are as follows.
as those for Great Britain and the afloat, are this week’s re­
Pair.____ _________ _____ ..o . IH o a Good Ordinary..................o . l l !flofl
Middling Pair........................
’son Good Middling Tinged....... Even turn?, and consequently all European figures are brought down,
Strict Good Middling..........
hi on : Strlot Middling Stained
73aOfl to Thursday evening. But to make the total the complete
Good Middling......................
% on Middling Stained.................. 7,g ofl figures for to-night (Jan. 6), we add the item of exports from
Strlot Low Middling............ *j(j off; Strlot Low Mid. Stained... 1 ofl
Low Middling....... .............. "ia off Low Middling Stained........ l^soU the United States, including in it the exports of Friday only.
k

Strict Good Ordinary..........

N off [

1899
1898
1897.
1896.
Stock at Liverpool........ bales.1,370,000 910.00C 1,071.000 1,116,000
Stock at L ond on .....................
3,000
3,000
9,000
5,000
Total Great Britain stock.. 1,478,000 U13.OO0 1,080,000 1,121,000
18,000
23,000
Stock at Hamburg.......... .........
7,000
16,000
-Sat. JHoii T tie » W e d T h . F r l
UPLANDS.
Stock at Bremen ..................... 373,000 305,000 180,000 231,000
6,000
8,000
Stock at Amsterdam................
3,000
3,000
Com! O rd in ary...*...*.. ...........I «
4 l»„
! at
300
200
200
200
«•>* 41b . 418,9 Stock at Rotterdam.................
lo w M idd lin g...............
57,.
57,6
16,000
7,000
10,000
Stock at Antwerp.....................
7,000
?;>*
.Middling
.....................
57S
l?7
S
07
S
Stock at Havre.................
5 7s
239,000 249,000 206,000 317,000
...........
§•
?
Good Middling..*.* . . . . .
6M
8*4
5,000
6M
0M
4,000
5,000
Stock at Marseilles...................
4.000
84,
Middling F a ir ....... .......
65,
68,
64,
42,000
72,000
66,000
52,000
stock at Barcelona..................
Stock at G enoa........................
46.000
22,000
43,000
40.000
S at. l l o u T o e * W e d T h . F rl
GULF.
10,000
16 000
15.000
Stock at Trieste........................
2,000
Total Continental stocks . 7,0,200 661.200 53.1,300 728,200
5L.
5 1 .S 5l,«
5lia
Low M iddling..... . . . . . .
5 ii„ 5Ui( 5 ll,e 511,6
_
Total European stocks_ 2 ,113,200 1,578,200 1,615.300 1,849,200
Midi! Huff....... ...................
Ok,
08)
India cotton afloat for Europe
44.000
31.000
00,000
85,000
0is
6is
6H*
Bbs
64l
im w - .on afloat for E'rope. 978,000 730,000 658,000 416,000
Good Middling.................
6hi
7
Middling F a i r .............
7
Egypt, Brazil,Ac., aflt.for E*pe 41,000
57,000
37,000
68 000
7
7
' United States ports..1,231,758 1,306,475 1,254,382 1,112,812
Hat. ,11 on T n c « W e d T h . F ri
STAINED.
Stock In U. 8. Interior towns.. 739,579 628,843 552,205 565,410
United States exports to-day..
29,365
6 1,2 2 1
43,466
21,714
4 *9
Low Middling . . . .........
48)
413
413
Total visible supply...........5,176,902 4,392,739 4,220,333 4.118.136
57,
oLt Holi- 57,g 5’ ,,
Middling
-- ....... ........ ........ H
57,6
Strict er ddltnfir .. . .. ...........i day. i day.
521
S2‘ s! s a l,. 521,.. Of the above, totals of American and other descriptions are as follows:
578
57g
Good Middling Tinned
57*
5T
s
Am erican —
Liverpool stock.............hales.
The quotations for middling upland at New York on Continental stocks................... 1,265,000 792,000 919,000 921,000
691.000 627,000 457,000 653 000
Jan. 6 for each of the past 32 years have been as follows.
American afloat for Europe... 978,000 730,000 658,000 416,000
United States stock................... 1,211,758 1,306,475 1,254,362 1,112,812
| l« * 9 l . ...C . 9 * ,*
- 1 8 8 3 . ...0 .3 0 ^
| 1 8 7 5 . . . . e . l 4 78
B.
United States interior stocks. 739 579 628,843 552,215 565,410
1 8 7 4 .......1 6 ^
5 1 4 ..
1 8 9 0 . . .......... l Q t *
1 8 8 2 . ...........1 1
1898.
United States exports to-day..
29,365
61,221
43,460
21,714
11 8 3 9 . . .......... 9 1 3 -.* 1 8 8 1 - .....1 2
1 8 7 3 . . . , , . . 2 0 3h
Total American................... 4,933,702 4,145,539 8,884,033 3,689,936
1 8 8 9 ..: ; ; : ; i o ' 3
i 1 8 9 0 . ____ , 1 2 7a
1 8 7 2 ....
21%
........... f l ? 10
East In d ia n , B ra sil, dte,—
.....
11 8 7 9 .
1 8 7 1 ...,...1 5
Liverpool stock..............
105,000 118,000 152,000 195,000
. . H I*,.
11 8 8 6 . . . . . . . 9 V
1 8 7 0 ...,.-.2 5 %
189*.
1 8 7 8 . .....1 1 » *
London stock.......................
3,000
3,000
9,000
5,000
, . 9 1 5 , 6 ! 1 8 8 5 . . ..........u v
1393.
1 8 7 7 . .....1 3 Q
1 8 6 9 ....,..2 7
Continental stocks...................
45,200
38,200
78,300
75,200I 1 8 0 8 .... ..1 5 %
1
1892.
7 7 t.
1 1 8 8 4 . . . . . . . 10 %
1 8 7 6 . ...........1 3 5 , 9
India afloat lor Europe..........
44,000
31,000
60.000
85,000
Note . —On Out. 1, 137*. grade,) of ootton as quoted were changed.
57,000
37,000
68,000
According to the new classification Middling was on that day quoted Egypt, Brazil, Ac., afloat........ ......4 1,000
Total East India, &e.......... 238,200 247,200 336,300 428,200
*30. lower than Middling of the old classification.
Total American...................4.938,702 4,145,539 3,88 1,033 3,689,936
MARKET AND SALES.
Total visible supply.......... 5,176,902 4,392,739 4,220,333 4,118,136
3*s«a.
St,d. ’
' 4d.
4ria2d.
Middling Upland, Liverpool
S a l e s o p S p o t <fc C o n t r a c t
Middling Upland, New York..
5 ho.
5 1& c.
i,
7 3reC.
8&i 0 .
F utures
Spot M ark et
Egypt Good Brown. Liverpool
5%d.
471,: d.
511 , 6d.
6 t,ed.
1
M arket
OonE x ­
Olo e e d .
6%d.
6%d.
65ltld.
67, ,d.
Peruv. Rough Good, Liverpool
j
C lo sed.
port. rump. t r a c t . T o l a l . Broach Fine, Liverpool..........
3 «]fd .
3J
4d.
4d.
43sd.
Tinnevelly Good, Liverpool...
31it d.
37J6d.
4d.
45u,d.
Saturday.. >
. . H u ll
The imports into Continental porta the past week have,
Monday
5

On this basis the official prices for a few of the grades for
the past week—De i. 3t to Jaa. 0—would he as follows.

T h u rsd a y .

Total.

S tea d ?
S tea d y
S te a d y
S tea d y

..................... i Q i i l e t . . . . . . .
. . . . . . . . . [Q a ie t A s t ’ d y
..................... 8 l e a d v _____
..................... S t e a d y ............

75

5 ,6 0 0 !
1 ,9 0 0 1
400;
5 0 Oj

5 ,8 3 8
1 .9 6 1
400
575

172

8 ,4 0 0 |

8 .5 7 2

38
....

0 1

....

....
—

been 226,000 bales.
The above figures indicate an increase in the cotton in
sight to-night of 784,163 balea as compared with the same
date of 1898, a gain of 956,569 bales over the corresponding
date of 1897 and an excess of 1.058,768 hales over 1896,

THE CHRONICLE.

44

A t t h e I n t e r io r T o w n s t h e m o v e m e n t — th a t is th e r e c e ip ts
f o r th e w e e k a n d s in c e S e p te m b e r 1, t h e s h ip m e n t s

week

a n d t h e s t o c k s t o - n i g h t , a n d th e s a m e it e m s

)Q ?hJC
QO
■BE OB
S§?SS!:ft|ggS5S
♦ B ! r» ©
* s
s s 2 S'i'io B c 3 2 o 3 ac I?
13
_ S
H=
c 5 » 3*s
»
i® ©
© 2.*
.= » < 33 3. - ° & g * * * W g 5T
»
5.
5 o « 2. e § £~,^s 5-5 2 - ® § S 5 S S 3 a ® S p i n E
- r
o - p —=; < s - S r O 5 n s —s ’© B
«
< po
a? p * § | 5s * ,rr» “ 5T5 -i ©
S
D
g,
o
P
T
t-j

Week ending
Jan. 6.

H

3® 0

b
S 5

i? s .

s -Sc "

I s£
►
* * “ O ‘ a!
r
►

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Boston.........
Baltimore. .
Philadelphia
Augusta.......
Memphis___
St. Louis___
Houston.......
Cincinnati..
Louisville...

- >- - -CO

» s
> >

C »tttO
M *-00 M M © ©
» V - > O ® V » * W O ► C M 2 j C C ® MM
,U M CC ~1© <r C ' C O » - w O' C C O © Cl lO G IO O
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tC
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OW K*J®CU l0 0H -lt0 ^ l0 O M | #‘ ^ '-'«a a O l»‘ O ®
X

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S i3

00

ZD TdlSra COTTON ONi.ohi^O Q *IB TXO TB FOR W D
U A B

Satur.

Galveston...
New Orleans
Mobile.........
Savannah...
Charleston..
Wilmington.

H
O
3
*

O’► " ►

-* -J v

Q u o t a t io n s f o r M id d l in g C o tto n a t O t h e r M a r k e t s .—

Below are closing quotations of middling cotton at Southern
for t h e and. other principal cotton markets for each day of the week .
for th e

c o r r e s p o n d in g p e r io d o f 1807-98 —is se t o u t in d e ta il b e lo w .

B

[Y ol . LXVIII.

5^
5%
578
616
5S,
5%
5%
5'is
59j 6
5*2

Mon.

•
a
©
s
p

Toes.

Wednes.

Thurs.

Fri.

5Rs
5316
5iS
51,8
5^6
5%
5%
57
s
5%
6%
53i
5%
5%
57,6
59ie
5^

57,6
53,6
5%
51,8
5*4
53s
538
578
53,
6is
5%
538
53q
53g
59,a
5*2

57,8
03lfi
5^
o'le
5^
53s
53$
578
53,
6*8
5%
030
53g
538
59,e
Shi

5316
5is
51,8
518
53e
538
57e
5%
6*8
5Si
53g
53g
538
58,6
51s

The closing quotations to-day (Friday) at other important
Southern mirkets wer- as follows.
Athens..............
Atlanta............
Charlotte........
Columbus, Ga.

53s
5>e
5*8

I Columbus,Miss
i E ufaula..........
I Little Rock ...
1Montgomery...

518
5*8
5
5!s

1Nashville.........
|Natchez...........
I Raleigh............
1Shreveport___

51
®
5
5 3g
415,8

Wb a t h e r R epor ts b y T e l e g r a p h .— Our telegraphic ad­
vices this evening indicate that over a large portion of the
South the weather has been rather unfavorable during the
week. Rain has fallen in most sections, at some points
to
to
-roh
K
)
to
to-Ji-w ooif«i © ;
heavily, interfering with the gathering of cotton where
c V - l C O 1® ' ©CD' tC^TcVjVV^TooCDCfltS-onCOCCOiis-OWtO-J
c.
C 0 .0
C
; c o o l O > O t0 C -iC 0 r* C © — tO © > © W © O 1^ - © **J
-•
picking has not already ceased and hindering the marketing
».<JC©lO-4. rf^O- © © H -co**«jco© o*<i© © #»*cotf*© coaco©
of the crop. Lower temperature has also prevailed.
©
K
>
C
O
S t«3
HCCtCMMO ©
|0P*«jP kOCQ©
WNM ©MW**
Galveston, Texas.— There has been rain on three days dur­
bacVv cotot-bo:coocb'to©cc©’VTo ©cc©w©ww’t^cootot-' ££*
ing the w ek, to the extent of two inches and fifty-five hun­
<
u -ia r c r a c c o o 'W C C J O C iiH ^ o -i^ O '^ a c c tO to D O c o c o s c D ?rS
«-J© O C -J© C rf-O t^-'J O O © M C O tO e-© C O C D O O ^ -C l-‘ ©COOOOCDCX5tO
dredths. The thermometer lias averaged 52, ranging from
28 to 67. December rainfall two inches and twenty-six
cot^ t©
M
tot•
-*
M
« , -OCD^-COtcoiK-to^ —^ O C ^O tC © ^*- © © © ^ -q < lt 0 © © -3 ^ t hundredths.
© .
*5 © w ®
*3
© © « P
w co © « « © w ©
Palestine. Texas, —There has been heavy rain on three days
© * L © to C to’c *©%io*© ©To tOto to © ©"if* © lo C £ G © V © tf*C to C - . s
O
> O
O
D
D
© | ©too.ac»-ai-*Gc--jao©<iif‘-©oo-i©©cccc-4if>-»^©^i-jnocc>-4CO*si <
of the past week, the rainfall being two inches and eight
-J C0i^OH-ClP“ v>©Wt-iC*©©C0CCk-O©©©a©t0l^00©»-«D©t-<l
hundredths. The thermometer has ranged from 18 to 82,
averaging 40.
- ^
Ctf»©C0 to C to
O
- H U M -lU A lf*
Corpus Christi, Texas.—There has been rain on one day of
-a t-'J D c r .-iH C o u -J c o 'M O 'M M d ) ©cot-*co*e»©rfkc:©jp*totc ss >■«
» Sis
—^ -o o -*© coa ;c?o© »--j© © o© tf».co-occi© -*i-© co© -j© < ito'©
the week, the precipitation reaching twenty hundredths of
o o -i-jc o o o o t o r -ie k a c o -ja o a t o o a t-t o o a o a a o O T ^ o w
an inch. Average thermometer 50, highest 70 and lowest 30.
to
>»Of t — •
M ►
—
t o t —to
December rainfall one inch and thirty-three hundredths.
C-. P 5<1 *^5*3 *>*p ; CO ; C O-MoUtO i^ O— CCO © »t—^ -© -t—00©©CDtC w t o
D °
iC O
— 0
San A ntonio, Texas.—W e have had rain on one day of the
x I —o-V jbbr-^■ to® ; © © b .^ © b a o « i ^ a 'b V a i b © © < i b b w a >
<, s— | © — «s- 0D<J - 3 1 CJ*CD, O O - - ^ © »: © C 0C C © »—CD<J©»—> *—© O '—
—©
week, the rainfall reaching twenty hundredths of an inch.
PC I - t C M CDtO©- rD ■ ■ 00 Q C U i ^ M M ' - O H r ^ M - d O ' © O - J O © 0 0 C
- —
O
Minimum temperature 22.
The above totals siiow that the interior stocks have de~
Paris, Texas.—We have had heavy rains since last report.
creased daring the week 12,888 bales, and are to-night 110,738 The thermometer has averaged 40 the highest being 65 and
,
bales more than at the same period la9t year. The receipts the lowest 14.
at all the towus have been 5,043 bales more than the same
Neic Orleans, Louisiana. —There has been rain on three
week last year, and since Sept. 1 they are 824,223 bales more days during the week, the precipitation reaching one inch
than for the same time in 1897-98.
and eleven hundredths of an inch. Average thermometer 54.
Shreveport, Louisiana.—Rain has fallen on two days of the
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S in c e S e p t . 1.—
We give oelo v a statement showing the overland movement week, the rainfall reaching thirty-five hundredths of an inch.
for the week and sin te Sapt. 1, as rntde up from telegraphic The thermometer has ranged from 20 to 70, averaging 45.
Columbus, Mississippi.—The remainder of the crop in the
reports received Friday night. The results for the week
ending Jan. 8 and since Sapt. 1 in the last two years are field is not likely to be picked. It has rained on four days
during the week, the rainfall being foar inches and twelve
as follows.
hundredths. Average thermometer 59, highest 77 and the
1898-99
1897-98.
lowest 34. Month’s rainfall two inches and fourteen hun­
Janu ary 6
dredths.
Since
Since
Week. Sept. 1.
T cefc. Sept. 1.
F
Leland, Mississippi.—December rainfall two inches and
fifty hundredths.
Shipped—
Greenville, Mississippi.—Heavy rainfall yesterday.
Viu 8t. L ooI b.............................
37,928 581,433
Vicksburg, M ississippi—W e have had rain on six days of
Via Cairo....................................... 23,323 244,496
Via Parker..................................
2^500
15,416 the week, the rainfall being eight inches and fourteen hun­
Via Rook Island.....................
1,319
38,112
3,505
30,277 dredths. The thermometer has averaged 47, ranging from
Via Lonlsyille..............................
8,114
85,H96
20 to 74. December rainfall three inches and thirty-three
Via Cincinnati.............................. 10,490
76,714
61,035 hundredths.
Via other routes, &o...................
5,217
92,0.4
i;988
84,439
Little R ock, Arkansas.— Rain has fallen on three days of
Total gross overland............
86,391 1,118,665 62,104 979,818 the week to the extent of one inch and fifty hundredths.
Deduct thipm entt—
Overland to N. Y .f Boston, Aso.. 24,976 272,892 21,257 232,970 Average thermometer 34, highest 54, lowest 14.
Between interior towns.............
Helena, Arkansas. -Not much cotton picked the past
2,940
16,842
3,7 36
2,430
26,410
543
week. There has been rain on five days, the rainfall being
Total to be deducted.............
30,346 316,144 25,536 270,216 one inch and seventy-six hundredths. Light snow on one
day. Average thermometer 37. December rainfall three
Leaving total net overland*.. 56,045 802,521 36,568 709,602 inches and eighty-six hundredths, and for the year fifty-four
inches and aixty-one hundredths.
* Including movement by rail to Canada.
Memphis, Tennessee.— Cold and wet weather has interfered
The foregoing shows that the week’s net overland movement
this year has been 56,045 bales, against 36,568 bales for the with marketing of cotton. No picking has been done., Tnere
week in 1898. and that for the season to date the aggregate net has been rain on one day during the week, the rainfall reach­
ing one inch and thirty-three hundredths. The thermometer
overland exhibits an excess over a year ago of 92,919 bales.
has averaged 404, the highest being 66-6 and the lowest 12-7.
December rainfall two inches and ninety-six hundredths.
1893-99.
1897-98.
In Sight and Spinners’
Nashville, Tennessee— Rain has fallen the past week to the
Takings.
Since
Since
T eeA
F :. Sept. 1.
Week. Sept. 1 . extent of eighty-four hundredths of an inch. The thermometet has averaged 38, ranging from 12 to 65.
Beoelpts at ports to Jan. 6.
285,960 G,085,935 300,273 5,873,737
Mobile, Alabama. —Very inclement weather in the interior.
Net overland to Jan. 6. ..
56,045 802,521 36,568
Southern consumption to Jan. 6. 26,000 478,000 22,000 709,602 Rain has fallen on three days of the week, the rainfall reach­
417,000 ing forty-tw;o hundredths of an inch. The thermometer has
Total marketed.............
368,005 7,366,456 358,841 7,000,339 ranged from 27 to 67, averaging 51. December rainfall three
Interiorstooks in excess____ . ..
* 12,868 635,460 * 2,610 583,767 inches and eleven hundredths.
Montgomery, Alabam a,—There has been rain on one day
Came into sight daring week. 355,137
356,201
Total Insight Jan. 6....... .
8,001,916
7,584,106 of the week, the precipitation being only two hundredths of
an inch, but it is raining heavily now. Average thermom­
North'nspinners tak'ge to Jan. 6. 105,590 1,308,874 77,714
1.310.092 eter 48, highest 69 and lowest 27. Month’s rainfall three
decrease during week.
---------------- —
Iinches and sixty-nine hundredths.
«o

to

a -.

w

05
-d_tOC*7r-; tO M < J
© WNCO
C ^-COCO^DO*' * - C © to V&5*t0 c V < - ** O' H O C to
O
O
-It
x ^ n h C C.! OW#*-J«^CiO:MO'GDT5(ta-Ji£a01C5
C
•-1 C o to o to • tv «»* C5 C #* if* tO • » - W^-OGD t o o © C C 5 t-*O C O < l^ -l
D
C

00 c :

X t o lo '
uCOW!

00

i

i

t

I*
tk -s

J a s t a B Y 7, 1899 ]

THE CHRONICLE.

Selma, Alabama . — T h ere has been ra in o n th ree d a ys o f
th e w eek , th e ra in fa ll re a ch in g fo r ty h u n dredth s o f an in ch.
T h e th e rm o m e te r has a v era ged 48, t h e h ig h est b ein g 68 and
th e lo w e s t 25.
Madison, Florida .— W e h ave h ad ra in on th ree days o f the
w eek , th e ra in fa ll re a ch in g on e in ch and seven ty hundredths.
T h e th e rm o m e te r has a vera ged 62, ra n g in g fr o m 38 t o 78.
Savannah, Georgia .— T h ere h as been rain on th ree days
d u rin g th e w eek , th e ra in fa ll b ein g three h u n d red th s o f an
in ch . A v e ra g e th e rm o m e te r 53. h igh est 75 and lo w e s t 30.
D ecem b e r ra in fa ll tw o in ches a nd sixteen h undredths.
Augusta, Georgia .— T h ere has been ra in on tw o da ys dnrin g th e w eek , th e ra in fa ll re a ch in g eigh teen h u n d red th s o f
an in ch . T h e th erm om eter has a v era ged 48, the h igh est b e ­
in g 73 a n d th e lo w e s t 26.
Stateburg, South Carolina . —T h ere has been rain on tw o
days d u rin g th e w eek , the p re cip ita tion b ein g seven teen h u n ­
d red th s o f an in ch . T h e th erm om eter has ra n ged fr o m 21 t o
74, a v e ra g in g 51.
D e ce m b e r ra in fa ll on e in ch and f o r t y seven h u n d red th s.
Greenwood, South CaroHna.— lt h as ra in ed on one d a y d u r ­
in g th e w eek, th e ra in fa ll b e in g fifteen h u n d red th s o f an
in c h . A v e ra g e th e rm o m e te r 44, h igh est 58 and lo w e s t 30.
D ecem b e r ra in fa ll t w o inches a n d tw e n ty -tw o h u n dredth s.

45

T he p a rticu la rs o f th e fo r e g o in g sh ip m en ts, a rra n g e d in
ou r u su al fo r m , are as fo llo w s .
Great French Ger- . -Oth.FTrope-s Mexico,
Bril’ n. ports, many. North. South.
< c.Japan. Total,
&
Slew York. 10,659
438 3,948
750 3,657 ..................a. 19,452
N. Orleans. 82,696 9,700 17,473 1,800
...................... 111,669
Galveston. 49,808 28,756 7,832 4,220
......................................... 90,6 16
Cor. C., Ac.
397 . . . . . .
397
4*412
Mobile......
...........
4,412
Pensacola. 3,030
"4 7 9 2,283
. — -.......... ...
5,792
Savannah.,
........ 15,627 ........
....................................15,627
Brunswick 16,844
...............— . 16,844
Charleston 7,313
3,387
LOO6 .................................... 11,700
Norfolk....
........ 9 ,9 4 3 ........
...............
9,943
Boston___ 7*875
...
7,980
105
Baltimore. 1,733
.................................... 9,221
PhiTdelp’ a
200
.........................
200
Portl’d,Me. 1,997
.................................... 1,997
T ota l....186,617 38,894 65,627 9,553 4,657

502

........ 305,850

T o J a pa n s in c e S ep tem b er 1 sh ip m en ts have b een 23,431
b a les from P a c ific Coast.
C o tto n fr e ig h ts a t N ew Y o r k th e p a st w e e k h av e been
as fo llo w s .
Salur.

Mon.

Tu.es.

Wednes. Thurs.

Fri,

Liverpool, asked, d.
....
....
....
Do
Jan...d.
251
251
25t
251
25M a n c h e s t e r M a r k e t . — O ur r e p o r t r e c e iv e d b y c&bl
401
40t
401
401
40l
to -n ig h t fr o m M aacueecer sta te s u ia t th e m o r s e l is q u ie t f o r Havre..................c.
Bremen..............c. 32M
32m
32m
32V
32%t
b o th yarns am i sh irtin g . Spinnera a re co n sid e re d to be w e l
32m
32%!
32V
32 m
u n d er co n tra ct. W e g iv e tn * prices fo r t o -d a y b e io ^ and Hamburg........... c. 32»af
a
351
30t
30 r
30 i
301
le a v e fcho*e t r p re v io u s w eeks o f this a nd la s t y e a r f o T Amsterdam........ c.
K
501
481
481
431
48t
com p a riso n .
1 Reval, v. Hamb..c.
P
Do v. Hull.-.e.
40*421 40-9421 40®421 40@42t
421
1398 99.
1897-98
Rotterdam..........c. 32m
32%l
30
32m
301
Qenoa, Jan........ c.
43 @45! 43 @451 43*45! 43 »4 5 t
431
8 H It*. Shirt- OotCn a n .
I81* ll i t - m m o . Onm rrieste, Jan___ e.
324 Oop. \lngs, com m on Mid. 32* Oop. in g c o
451
451
45 f
45f
451
lu n si.
Twist.
to/ tru st.
U plds
to finest.
V p lL
Antwerp.............d.
9.4
633
9«4
9f 4
964
Ghent, v.Amtw’p.d.
n ,4
D.4
he
u«*
« -4
t
a.
4.
4.
4. ». 4. *. 4.
4. s. 4. *, 4.
C euta n e t p e r 100 Itm.
1 96 H
Deo. 2 5%
t 1 «8 9
3%
3t,
•• 9
9 6 * * It X » 6 9
33,#
3*33 5 * OS-s ]i 1 1>6 8
L iv e r p o o l .— By c a b le fr o m L iv e rp o o l w e h av e th e fo llo w ­
1 9 G 7t> 3 ;«
“ 16
3>«
4
1 »6 9
-’
a u i r « u 1A * 0 >s®6 3
* 6 ** 4 1 S 8 y
23
3L
ing sta te m e n t o f th e w e e k ’s sales, s to ck s , & c ., a t th a t p o rt.
* 30 r > d 8 tl 4 1 * 6 9
*
>
3H-. 5H!t-« U ,g 4 o h m s 8
3b
8
33,., 5Ht,9 6 3 i 4 0 t *® 6 8
3 V,
4
1 *8 9
Jan. 6 5A*
Dec. 16. Dec. 23
Dec. 30
Jan. 6.
S h ip p in g N e w s .— As s h o w n on a p rev iou s p a ge, th e
e x p ort* o f c o t t o n fro m th e U n ited S ta tes th e past w eek have
rea ch ed 305.850 bales. T h e sh ip m en ts in detail* as m a d e up
fr o m m a il a n d te le g ra p h ic re tu rn s, are as fo llo w s :
Total bates
N ew Yo rk —'To Liverpool. imr «t«anu*r Georgto, 9,-446.. . ........
9,446
To Manchester, per 'steamer Nasmyth, '297 uplands and
01 a Rea Island.
............... ................ . . ................. ............ 1,213
To Havre, per tf earner La Normandie. 348 upland and 90
Sea Island....................... .......... . ......... .—
....... ...
43S
To Bremen, per steamer* Kslter Wilhelm tier Grosae, 781
3,452
....Karlsruhe. 2,023 ...Boland..0 1 8 .,... __________ ___
To Hamburg, per steamer.-* Knltfht Erraut,3 9 6 ....Pretoria,
1 0 0 ....... ............................................ . .......... ........ . . . . . . .
496
To Antwerp p-r steamer* Adrla. 50 ..British Empire, 700
750
To
per steamer Pontiac, 1 ,0 0 0 .............. .
1,000
To OeoiM, per steamers Blnloawald, 541__ Kara maul a,
948. ........ . ................................................................................ 1,4*9
To Naples, per steamer Aller, 1168 ........ ..... ................... .
1,168
N ew oki
To Liverpool—Jan. 2—Steamer Mount Royal,
17.693— Jan 3—Steamer* Antill&n, 14,000; Mexican,
9,500; Tampleaa, 13,000; Workman, 14,000....Jan. 5 —
Steamer M usician, 19,000 .................. . ............................. 91,193
To Belfast Dec 31—SteamerMaiJn Head, 1 ,4 5 2 ....,........
1,452
...........
51
To Hull—
Jan, 5
-— amet ClitrrntDito, 51
To Havre—Jna. 6 - > learner Be •
rath, 9,700 ...... .................. 9,700
To Bremen Dec. 31 -Steamier Monterey, 17,47 3 .............. 17,473
To Antwerp Jan. 4 steamer Harpenden. 1,500................. 1,500
To Copenhagen Tan. 4—Steamer Sigurd, 3 0 0 ......................
30<>
_
G alvertos—To Liverpool—Dec. 30—
Steamer Tropic, 9,421_
Deo 31—Steamer* Beriita. 3,426; Bernard Hall. 5.122;
Heath more, 9.6 2 9 ....Jan. 3—Steamer Wset water, 5,974
....Ja n , l Steamer Gracia, 7.991........ ..
................ 41,462
9,348
To Manchester—
-Dec. 21—steamer SprimcweU, 8,346_____
To Havre—Dec. 29—Steamer Andont, 8,493....D e c. 2 9 Steamer Nordfarer, 1 1,3 6 6 .... Dec. 31 —Steamer Nether'
field. 8*907..... ..... .................. .............................................
28,756
To Bremen—Dec. 3 1 Steamer Glauttvy, 5 ,4 8 t .......... .. . . 5,481
To Ham burg-Dec. 31—Steamers Hibernia, 1,632; Iona,
719.................................. ............................... .................... 2,351
To Rotterdam Dec. 31—Steamer Lady Lewie, 9 0 ....Jan. 2
—Steamer Cambay, 1,079...................................................... 1,169
To Antwerp—Jan. 4—Steamer Hazel Branch, 1,795 . . . . . . .
1,795
To R eval-Jan. 5—Steamer-------- = 1,256............ ...... . . . . . . . 1.256
,
Corftts CHftf»Tt, AC,~To MexJco, per railroad, 3 9 7 .................
397
Mobile —To Manchester—
Jan 3—
4Jt#*ainer Dalumlly, 4, t l 2 ___ 4,412
P kvsacola—To Liverpool- Jan. 4—Steamer Leonora, 3,030.. 3,030
To Hamburg—
Jan. 5 - Steamer Swan ley, 479
...
....
479
To Antwerp—Jan 2—gte*mer Kelvlngrove, 2,293
....... 2,283
Savajtsuh—
-To Bremen—
Jan. 4 —
Steamers City of Worcester,
7,427; Weybrldve, 9.2CK)....................................................... 15,627
BftiTSawtcR—To Liverpool Dec. 31—Steamer St. Quentin.
7,5 4 4 — Jan. 3—Steamer Foyletnore, 7,150 upland and
l w Sea Ia la n d ...., .... .. ... .... . . . ....... .................. 16,844
09AXLS9I09—To Liverpool —Dec. 31—Steamers ileiehlnirton,
3.253 Upland and 200 Sea Inland; Orho, 3,552 upland
and 309 Sea Island..................... . ............................. ......... 7,313
To Hamburg—Dec. S i—Steamer St. Georg, 3,387............
3,387
To Barcelona - Deo. S I-B r ig Alfredo. 1 .0 0 9 ................. ...
1,000
Norfolk — Bremen-D e e 31—Steamer Croydon. 9.9 43 .. . 9,943
To
Bortov —To LlverpooD-Deo. 28—Steamer Sylvania, 2.2 88 ....
Dee. 29 Steamer Dominion. 4 ,3 3 1 ...Deo. 31—Steamer
Ottoman, 990 upland and 376 sea Island...................... .
7,875
To Yarmouth—Ian 2—Steamer Boston. 105...... .................
105
Baltimore —To Manchester — Dec. 30 — Steamer Sapphire,
..................................
.... 1,783
To Bremen—Dec, 23—
Steamer H. II. Meier, 3,6 9 3 ....Dec.
31 - Sf^a oer Elizabeth ftiekraers. 3,25*........................ .
6,938
To Botfcrdam—Dec, 3 0 -Steamer Doran go, 5 0 0 ...............
500
Philadelphia —'To Liverpool—Dec. 30—
■
-Steamer Rhynland,
„
200 ........ ......... ............................................ ............. ..........
200
xORTt,*vd , Mr - To Liverpool—Dee. 30—
Steamer Turanian,
287....D ee. 31—Steamer Nurnldlan, 1 ,7 1 0 ...................... 1,997

j rlalea of the week.......... hales.
Of which exporters took. ..
Of which speculators took.
5a es American ............. ........
Aetna e x p o r t ....................
Total stock—Estimated..........
Of which American—
Estm’ d
Total Import of the week.......
Of which American........
Amount afloat...... ..................
Of which American..... .......

67.000
57,001
35.000
53.000
2,500
3,300
3,800
1,200
5,100
2,200
2 300
4,500
61.000
52.000
33.000
49.000
9,000
5,000
10.000
14.000
81.000
82.000
68,000
65.000
1.158.000 1.256.000 1.337.000 1.370.000
1.059.000 1.158.000 1.233.0 j1.265.000
O
135.000 184.000 159.000 112,000
112.000 171.000 144.000
97.000
373.000 395.000 388.000 543.000
372.000 391.000 385.000 540.000

T he ton e o f th e L iv e rp o o l m a rk et fo r spots a n d fu tu re s
each d a y o f th e w eek e n d in g J a n . 6 a n d th e d a ily c lo s in g
prices o f sp ot c o t t o n , h a v e b e e n a s fo llo w s .
j

Spot.

SaTday. Monday. Tuesday. Wed'day. Thuvsd'y Friday.
.

Market, )
1:45
M.J

Kusier.

Mid. U pl'da.

•

Sales.........
Spec. A exp.

R
o

Futures.
Market, \
1:45 i\ k . \

9
V
*

Market, )
4 1 . 31. J
*

s

3332

i

w
G
s
9

*

Barely
supported

Steady.
3 r;32

Good
demand.
3 332

10,000
1,000

12,000
1,000

12.000
1,000

15,000
2,000

Quiet at
l-e-j do­
eline.

1 -dl dec.

Quiet at
partially

Steady.

Steady.

Quiet but
steady.

Steady.

Steady.

Steady.

T h eprbv
' fu tu res a t L iv erp ool fo r ea ch d a y are g iv e n
below , P r ice s are o n th e basis o f U plan ds, L o w M id d lin g
clau se, unless o th e rw is e s ta te d .
The prices arc given in pence and 641As. Thus: 2 63 means
2 63-644.. and 3 01 means 3 l-64d.
Pec. 3 1 to
Jan. 6

Sat.

M on , j T u es.

*
January___
Jan.-Feb ...
Feb.-March.
Moh.-April..
ApriLMay..
May-June...
Jnho-July..
July-Aug ..
Aug.-Sept..
Sept.-Oct...
Oct.-Nov....
Nov.-Deo...

W ed.

T tou rs.

F r l.

4
11:45 4 1 : 4 5 4 1 : 4 5 4
1 :4 5
P . M . P .M . P .M . P . M . P .M . P .M . P . M . P .M ,

B
J

m

9
‘
»
l

d.
d. d. 4.
a.
d. d. d.
3 01 3 01 3 01(3 01 3 01 3 02 3 02 3 02
3 01 3 02 3 02 3 02
3 01 3 01 3 01 301
3 02 3 02 3 02 3 02 3 02 3 03 3 03 3 03
3 03 3 03 3 03 3 03 3 03 3 04 3 04 3 04
3 04 3 04 3 04 3 04 3 04 3 05 3 05 3 0 5
3 05 3 05 3 0> 3 05 .3 05 3 06 3 06 3 06
3 06 3 06 3 06 3 07 3 06 3 07 3 07 3 07
3 0713 07 3 07 3 07 3 07 3 08 3 08 3 08
B
3 07(3 OS 3 07(3 08 3 OS 3 O 3 09 3 09
3 07 13 09 3 08!i OS 3 08 3 09 3 09 3 09
3 08(3 08 3 08(3 08 3 09 3 09 3 10 3 10
3 0813 09 3 0 8 13 08 3 09 3 09 3 10*3 10

J ute B u t t s , B a g gixg , & c.— T h e m arket f o r ju te b a ggin g
b«i< been v e ry d u ll d u rin g the w eek u n d er review , at un­
ch anged prices, v iz ., oj-^c. fo r \ % lbs. and 6J^c, fo r 2 lbs.,
standard grades. C a r-loa d lots o f standard brands a re quoted
at 8 ^ c . for 1% lb s and 6}$C. f o r 2 lb s., f. o. b. at N ew Y ork .
J u te butts have also been dull and featureless at 90c. fo r
paper q u a lity and l % c . fo r m ix in g . F rom M essrs. Ira A .
K ip & C o .’s cir c u la r w e lea rn th at the deliveries o f ju te
Total........................................ ..................... ...... ....................... 305,950 ' b u tts and rejection s at N e w Y o r k and B oston du rin g Decern-

THE CHRONICLE.

4«

rvoL. LX'vm,
FLOUR

ber w ere 31,565 bales, against n o bales fo r th e sam e m onth Fine............................. $225®2 35
Patent, w inter____ $3 70 ®4 00
last year, and f o r the calen dar year 1693 the deliveries Superfine........... .
City nulls, extras.. 4 50 ®4 75
2 50 ®2 60
Rye flour, superfine 3 15 ® 3 50
itra, No. 2 ............... 265®2 75
reached 391,129 bales, again st 347,118 bales in 1897. Im p o rt­
Buckwheat flour... 1 8 5 ®2 00
E rtra. No. 1 ............... 280®3 10
ers and speculators at N ew Y o rk and B oston on D ec. 31 held Bakers’ e xtra ........ 3 05 ®3 35
Corn meal—
n o stock, against no stock at the corresp on d in g date in 1897 ; itralghta................. 330 ®3 40
Western, eto_____ 2 15 ®2 25
____ , Spring.
Brandywine.......
2 20
stent, _ ____ ... 3 90 ®4 60
the am onnt afloat fo r the U n ited States reach es 22,750 bales,
IWheathour In saoks eellB at prices below those lor barrels.!
against 118,957 bales last year.
GRAIN.
Corn, per bush o.
o.
Wheat—
o.
o
Western mixed............ 41 .543%
Hard Duluth, No. 1 83%®84%
b r e a d s t u f f s .
N’ th’nDuluth, No. 1 77%®7S%
No. 2 m ixed................ 41% »43%
Red Winter, No. 2.. 78%®79%
Western Yellow..........42%®43%
F r i d a y , J anu ary 6, 1819.
Northern, No. 1 .. . 76%®78
Western White______ 42% 943%
R yeBusiness in the m arket for w h ea t flou r has been q u iet and Oats—Mix’d, perbsh. 32 ®34%
Western, per bush. . 6338 965
v s it e ..................... 34 ®38
prices have been som ew h a t irreg u la r. For supplies to arrive,
State and Jersey......... 59 064%
No. 2 mixed........ 33 ®34
o w in g to an advan ce in freig h t rates fr o m the W est,togeth er
No. 2 white..........- 35 ®36
Barley—W estern........ ..5 0 ®58
Peedln u .......... ............
50
w ith h igh er prices asked by the m ills, valu es have been ad
w
F a r o t h e r t a b le * a t a a llT R iv e n h e r e s e e s a t e 2 7 .
vanned. H olders o f spot stock s h ave been s ligh tly stron ger
in their ideas o f values, b u t they have n ot held fo r the sam e
THE DRY GOODS T R A D E
advance as asked for flour to a rrive. C ity m ills have had a
N e w Y o k e . F r i d a y , P . M .. J a n u a ry 6, 1899
m oderate sale at firm prices. R y e flour has b fe n in m oderate
I t was n o t exp ected that business d u rin g the past w eek
dem and and held firm ly. B u ckw heat flour has been quiet
but steady. Corn meal has had on ly a lim ited sale b u t prices w ou ld reach p rop ortion s o f w eeks im m ed ia tely p re ce d in g ,
a n d an in differen t v olu m e o f sales has n o t, th e re fo re , been a
have been unchanged and steady.
Speculation in w heat fo r fu tu re deliver}' has been only disappoin tm ent. Som e lu ll a fter recen t extensive b u y in g in
m oderately a ctive and the tone has been unsettled. Im m e ­ cotton good s w as to be lo o k e d f o r even i f th e h olid a y s h ad
P resen t
diately fo llo w in g ou r last rep ort there was a fa irly sharp n ot e x ercised th eir nsual re s trictiv e in flu ence.
advance in prices. A n expected large decrease in the visible qu ietu d e has n o e ffe ct u pon t h e . gen era l tone. Sellers are
supply, a good export dem and and b u y in g orders from the fu lly reserved as b efore, ex a ctin g a ll th e a d va n ces g a in e d
som e
q uarters m o v in g
p rices s till
w inter-w heat section w ere the stren gthen ing features, t o ­ h ith erto, and in
ward the close o f the day, h ow ever, under sellin g b y lon gs fu rth e r u pw a rds. T he situ a tion is a s tro n g on e. P a u c ity o f
to realize profits, m ost o f th e.im provem ent was lost. T u e s ­ stocks in first hands and a fre q u e n tly ov e rs o ld co n d itio n are
day the m arket was weaker. C ontinued selling b y recen t a ta n g ib le fou n d a tion fo r th e present state o f th e m a rk e t,
buyers to realize profits, m ore aggressive sellin g by bear o p ­ w ith large p rosp ectiv e needs t o su p p o rt it later on, J o b b in g
erators and favorable cro p a ccou n ts fro m A rg e n tin e d e­ con d ition s th rou g h ou t th e co u n try are excellen t, rep orts
pressed values. W ednesday the m arket opened easier, re­ g en era lly sh ow in g lig h t stocks on hand a t th e en d o f the
flecting w eaker foreign advices.
Subsequently, h ow ever, y ea r, w ith g o o d con su m p tiv e dem a n d c o m in g fo r w a r d . L o w
large clearances from the seaboard and u nfavorable crop p rices have been n am ed on som e lea d in g h ea v y w e ig h t
accou nts fro m the W est tu rn ed the m arket stronger, and the w oolen s fo r n e x t fa ll, and w oolen g o o d s g e n e ra lly are du ll.
early loss was m ore than recov ered . Thursday the m arket
Dom estic C otton G oods .— T h e e x p o rts o f c o t t o n g o o d s
again tu rn ed easier. F oreign advices w ere disappointing, from this p ort f o r the w eek en d in g D ecem b er 31 w ere 1,164
and this,[together w ith fav ora b le State cro p reports, prom pted packages, va lu ed at $60,427, th eir d estin a tion b e in g t o th e
realizing sales, u nder w h ich prices declined. Business in points specified in th e tables b e lo w :
the spot m arket has been on ly m od era tely active, the dem and
1898.
1897.
from exporters h avin g fallen o ff som ew hat. T he course o f
New Y ork to D ec. 31.
prices has fo llo w e d clo s e ly a fter th at o f futures. T o day the
T ee7c. Since Jan. 1. Week. Since Jan. 1
F
m arket was easier under aggressive sellin g b y prom inent
23
22
3,317
4,362
operators, and there was fu rth er sellin g b y recen t buyers to
6
18
1,096
3,079
realize profits. T h e spot m arket w as fa irly active. The
166,675
500
107,543
sales fo r export here and at ou tports w ere 450,000 bushels.
11,202
745
18,260
i
33,718
750
24,246
D A I L Y OLOSING P R I C E S OF NO. 2 BED W I N T E R IN N E W Y O R K .
153
11,594
1,043
20,790
TK'itt't
i f on. Tuts.
Wed.
Sat.
237
17,304
363
15,507
Mb wheat . 0 . b...... . . . . 81%
80%
79^
81is
80%
194
4^656
54
3,413
7534
76%
77
Jan. delivery In elev. . i __
76%
54
8.597
72
7,450
vj 2.
78*4
Mar. delivery in elov . .. . 79*4
787s
78%
77 *2
478
244
58,010
45,819
1 74 Si 75% 74% 7 4 %
May delivery In elev . . . . 7 5 %
6
151348
99
5,129
DAILY CLOSING PRICES OF NO 2 SPRING IN C H I C A G O .
1,164
331,447
Sat.
M on.
Tues
Wed.
3,898
255,598
Fri.
Thurs.
China, via Vancouver*___
23,947
67 H
Jan. delivery in elev..
16,166
68^
cl a
7o
May delivery in elev... . . . 7 W
70%
70%
71*2
3 a
1,164
355,394
3,898
271,764
July delivery in elev... . . . 693i
69^8
68%
68
68%
* From. New hlngiano. mill points dlreot.
Indian c o m futures have been m oderately active, but the
T h e value o f th e N e w Y ork ex p orts fo r th e y e a r has
ten den cy o f priees has been tow a rd s a lo w e r basis. There
has been free selling b y recen t buyers to realize profits. The been $11,769,002 in 1898. aga in st $10,069,325 in 1897.
m ovem en t o f the cro p has been larger, foreign advices have
T h e m arket f o r b le a ch e d cotton s is stron g a n d in d i­
been dull and easier, the g ra d in g o f th e crop has im proved as ca tion s poin t t o a fu rth e r a dva n ce in p r ice in th e
a result o f the m ore fav ora b le w eather la tterly, and there near fu tu re. S to ck s are m u ch ru n d o w n and dem and steady.
h ave been freer offerin gs b y th e cou n try, the h igh er prices In b ro w n sheetings and d r ills th e situ a tion is w ith o u t m a te r­
bringing out sellers. T he spot m arket has been easier under ia l ch ange ; fu ll p rices are ex a cted fo r auy good s in s to ck
fair offerings and at the decline exporters have been only and sellers are reserved o v e r business fo r fu tu re d e livery.
m oderate buyers. T o day the m arket w as depressed bv sell­ L ig h t-w e ig h t g ra y g o o d s are stron g , w ith m od era te dem and.
in g by prom inent operators and under rea lizin g sales by B usiness in w id e sheetings has b een in d ifferen t in v o lu m e ,
longs. T h e spot m arket w as fa irly active. T he sales fo r ex­ b u t prices are w ell m a in ta in ed, co tto n flannels and b lank ets
port w ere a bout 500,000 bushels.
b ein g in like con d ition . A s lo w d em a n d rep orted fo r den im s,
tick s, plaids and oth er coa rse co lo r e d co tto n s, w ith o u t ch a n g e
D A I L Y C L O S IN G P R I C E S O F NO. 2 M I X E D C O R N IN N E W Y O R K ,
Sal.
If on. Tues
Wed.
Thurs.
Fri. in price. K id-finish ed ca m b rics firm b u t s lo w o f sale. T h e de­
43ki
D ull corn f. 0 . b ...................... 4 4 * 2
4 3 *
433s
43
m an d fo r prints o f a ll kin ds has been m od era te, h u t th e u p ­
Jan. delivery in elev__
w ard ten den cy o f prices has been stro n g ly m a rk ed b y a d ­
42
May delivery in elev__ 4 3
42j4
4 1 7s
4112
vances o f J^c. in va riou s lo w -g ra d e lines. P rin ted w ash fa b ­
D A I L Y C L O S IN G P R I C K S O F N O . 2 M I X E D C O R N IN C H IC A G O .
rics firm b u t quiet. T h ere has been n o ch a n g e in the
Mon.
Sal.
Tues.
Wed.
Thurs.
Fn.
gin gh am division o f th e m arket, a m od era te d em a n d c o m in g
Jan delivery in elev.......
35*2
35Hj
35
3412
May delivery In e le v __ 3 8 %
37ie
37%
36%
fo rw a rd at firm prices. P r in t clo th s h av e s old to a m o d ­
5 a
3G ki
July delivery in o lev .... . . . .
37%
37%
37%
37
erate extent; prices u n ch a n ged on th e basis o f 2%c. fo r e xtra s
Oats fo r fu tu re delivery at the W estern m arket h ave been and 3J^c. f o r 38J^-inch 64 squares.
m oderately active, but, the ten den cy o f prices has been t o ­
W oolen G oods.— In terest in the n ew h e a v y -w e ig h t season
w ards lo w e r basis. There has been con sidera b le sellin g by
in m en ’s-w ear w oolen s and w orsted s h as been s tim u la te d b y
lon gs to realize profits, and this, togeth er w ith a fa irly fu ll
the a ction o f the W a sh in gton M ills in n a m in g p rices o n th e ir
m ovem ent o f the crop , and sym p a th y w ith the decline in c o m
beavers, kerseys and cla y w orsted s. These p rices are lo w e r
have been the depressing features. L o c a lly , the hom e trade
than last season b y 1% to 10 per cen t in th e beavers and kerseys
has been a m oderate b u y er in the spot m arket, and prices
and a b ou t 5 per cen t in the clays. P rices on oth e r im p o rta n t
have held com p a ra tiv ely steady. T o-da y the m arket was
lines m ay be look ed fo r n o w and b u y ers e x p e ct to fin d th em
easier in sym path y w ith the decline in oth er grains. T he
sh ow in g a p p roxim atin g declines. T h e dem and fo r fa ll has
spot m arket w as quiet.
n ot loosened up to any exten t as y e t, b u t sellers lo o k fo r it
D A I L Y C L O S IN G P R I C K S O F O A T S IN N E W Y O R K .
sh ortly to assum e definite shape.
In lig h t-w e ig h ts re o rd e r
No. 2 mixed in olev........
No. 2 white In elev..........

Sal.

331*

38

D A I L T C L O S IN G P R I C E S O F

iTon.

Tu.es.

Wed.

Thurs.

F ri.

Holl- 33%
33%
33
33
day.
36
36
35%
35
N O . 2 M IX E D O A T S IN C H I C A G O .

Sat.

M on.

Tues.

Wed.

Thurs.

F ri.

May delivery In e le v . . . . 28% Holl27>s
273l 27%
27
Jnly delivery In elev....... 26% day.
25%
26% 25=8
25%
R ye was in fa irly a ctive e x p o rt dem and d a rin g the latter
ipart o f the week and prices w ere firm er, B arley has been
n ligh t supply and stead y.1
F o llo w in g are the closin g quotation s:

business has been q u iet and sellers h a v e m et it re a d ily at
previous prices. O v ercoa tin g s have ru le d q u ie t and clo a k ­
ings dull. Dress good s have been in m o d e ra te requ est, w ith ou t m aterial ch ange in p rice.
F la n n els and bla n k ets d u ll
w ith .a ten d en cy to fa v o r buyers.

F oreign D r y G oods .— Business in fo r e ig n departm ents
has been d ecid ed ly lig h t this w eek in a ll staple lin es, such
as dress good s, silks and linens and in specia lties in rib b o n s,
laces and fan cies on ly m oderate, w ith n o m a teria l ch a n ge in
the general tone.

J an cab v

•rATE

THE CHRONLCLE.

1899,1

and

C ity D t f a p t w ^ n t ,

MUNICIPAL BON'D SALES IN DECEMBER.
Owing to the crowded condition of our columns this
week we are obliged to defer until next week our usual
monthly table of bond sales. We will say, however,
that the December sales foot up £7,235,343, not in­
cluding #2,995,758 of temporary loans reported. ThiB
brings the total for the year 1898 up to #103,013,793.

Bond Proposals and Negotiations

this

week have been as follows :
B a lt im o r e , M c L -B id * .— W e g iv e b elow the bids receiv ed
D ecem ber 30, 1898, fo r the #150,000 8 }# t stock m a tu rin g Jan.
1, 1922, and #250,000
stock m a tu rin g M a rch 1, 1945.
A s stated la st w eek , these b o n d s w ere aw arded to th e Citi
zen s' T ru st & D eposit C o ., B a ltim ore. T h e 1945 issue sold
on a 3'665» basis and th e 1922 issue on a 2*886£ basis. These
are e x ce e d in g ly lo w rates, and show b o w v ery h ig h th e cre d it
o f the m u n icip a lity ranks. N e w Y o r k C ity ’s b on d s last
N ov em b e r sold on a 8 '0 5 ? basis, a lth o u g h a part o f th e same,
n am ely the $500,000 10-year assessm ent b on d s, n etted the
pu rch a ser o n ly 2-797S basis.
A m o u n t,

(I t U im ’ T r o ii Jk Deposit Company, J 1160,000
B altim ore,,.......................................... \ 2 5 0 ,0 0 )
76.000

•

Continental Trust C o.............. .......... . '
American

A Tr. C©., B aity...

£1. M, A dler.
Nat. Back o f

»\ C o o

2 0.000
1,000
2 6.0 00
10,0*10
1 6 ,0 0 0

................... .......Baltimore...

Ix)«Bd«t & Redwovd, Bidiajun*........
M n v^ olnn ...........

7 5.000
2 0 ,0 0 0

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

6* ,COO
60.»*w
•)

Abraham

Y
oft..

W bB «

.

Bond.

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

C o„

New

8* A- Kean, Cbicmfo— . . . . . . . ----- - —

Wmemcn* ftU #rcb«ati* N'#t.
Stein Bros., Baltim ore................ .

Merchant*’ Notional Bank,Baltimore. ■
Maryland CasuHty Co.. Baltimore...
Bart

j.

. . . . . . . . . . . .......................... j

Was, J. ffayo* S 8ot»s, CtoretooO .
t

^

T. Scott A Soa. Bait mi o ra , ........ .

j

d o s n U a fi T r u s t A

D o p o a lt C o ., B a fti-

m o r e , . . . . . . . . ......

\

.... I

John U. DatU A Co., . . . . . . . . . . . . . . . . .
Hom e Fire fnsoranoe Co ................... .
G a o . K . M c O ftir .

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

E . M . M o r l i t m 4 C o . - - . * . . . - . . ................,

Real Estate Trust C o„ Baltimore. . ... .
K, H -Gay A C o^ N ew Y o r k ..... .. . . . . £
Hambleton A Co. Baltimore............. ..

Abraham W hite Bond Co., New
Y o r k ,....... ............................................

I

Gustavos Oher, Baltimore......... ..........j
Owen Daly A Co-. Balt t o ore............. . j
It. A. Orrlck, B altim ore....— . . . . . . . . . |
J. Harm anas Fisher A Son,Baltimore. J
Maryland Trtttt Co., Baltimore...........J
Mercantile Tr. A Deposit C o- Balto... ■
Latnprecht Bros*. Co., Cleveland..........j
Sperry. Jones A Co.. Baltimore.............. J

6 0 ,0 9 0
6m,uOO
5O.0OG
5 0 ,c0 0
6O,*.00
5 0.0 00
6 0.0 00
260.000
26*>,0OO
25#,*j
O0
lOO.OOO
i'./'V " IQ
6 0 ,0 0 0
100,0*70
1 "0 ,0 0 0
60,000
f6 O ,0 0 0
8.60.000
6 0,0 00
6 »,0 u 0
S5O A 0
260.OOJ
2 90 ,00 0
2 60 ,00 0
500,000
26»),(M>u
S60LV0O
2 50 ,00 0
230.00 •
>
230,000

16.000
50.000
260.000
26«V'00
*25.000
26,000
25,000
26.000
2& ,000
(
260,000
286,000
>60,000
26J700
2A, O
O
50,000
■ 100,000
60,000
50.000
50,000
•■
50,000
230,000
250 000
280 000
260,000
250.000
230,000
230,000
250,000
250,000
250,i> )
W
2*0.000
260.000
259,000
250,0*#)
250,000
260,000

Date M a t u r i t y .
IM S
lW i
1946
1916
1045
1046
1046
1022
e a ch
1022
1046
1022

1022
1922
lir a

UG5
HH 6
m i
1046
1046
X0 1 2

1016
1022
1046
1046
1046
JOS*

1012
1M
1016
1015
is m

1022

1046
1022
1046
b o th
1022
1046
1022
1045
o f e a ch

♦10H
-00
ICS 75

1 >
07*C 5

ll**Ui
ll<* *08

10851
113*01

110*01

.

113*405

1* 5-Si'

11*0*11
100*20
106*68

1
1922
1923

1"8 11

108*20
108*44
10b*53
1C0X0
10713
iol»*oo
io$*n«
110*27
108*08
110*30
106*18
110*20
106*2086

1945
1945

1015

1045
1922
1046

1028
1016
3032

1945

1922

1945
1032

110*2025
108*18

1045
m 2

1915

'

1932

1046
1033

107*579
112 030
308*^76
106*70

IM S

1946

P r ic e .

110*27
116*27
110-O i
109*75
108-37
115*257
100*023
104*208
106*00
108*00

108*76
104*00
106*28
103*29
106*98
I W ll
106*20
107*80
108*05
10**20
108*53
l c 1**29
104*125
100*186
l o r 23
100*02
I0 r0 t
306* 16
100*02
100*07
106*15
108 275
•108*78
1(7*06
104U 8
107*288
110*354
106*255
♦109*15
107*; 0S6
100*36
•109*15
107*56
111*66
103*00

lo ts
u ret

1946
1045
1028
1046
14*22
10x8
1046
1046
1028
1046
1934
1945
1982

„

*

*100-55
•100*77
111*065
106*07

• Incindtor internet.

B e n iid ji, B e lt r a m i C o n n ty , M in n . —Bond S a le— On Dec,
31, 189-8, th e $7,000 8jC w a te r-w o rk s b on d s w ere a w a rd ed to
A . P, W h ite , B e m id ji. at lOO’ oO. F or d escrip tion o f bonds
see C h r o n ic l e Dec. 1 7 , 1898. p. 1273,
B erea , O h io .— Band Offering. — P roposals w ill be received
u ntil 12 n, F e b ru a ry 6, 1899, by E , S. L oom i3, V illa g e Clerk,
fo r #30,000 5jf w a te r-w o rk s bonds. S ecu rities are in denom i­

47

n ation o f $500, dated F e b ru a ry 1, 1899. Interest w ill m ature
sem i-a n n u a lly, and th e p rin cip a l w ill m a tu re $1,000 each
M a y and N o v e m o e r, fr o m May 1. 1805, to N ovem b er 1.1919,
in clu siv e. E a ch b id d er m u st sa tisfy h im self as to lega lity o f
the bonds p rior to the tim e h is b id is filed. Proposals m ust
be a cco m p a n ie d b y a certifica te o f deposite sh ow in g th at the
b idd er has deposited w ith th e B ank o f B erea C o., a sum
eq u a l to og o f the fa ce v a lu e o f bonds.
B ou n d B r o o k (N . J . ) S c h o o l D is t r ic t .— P o n d Offering,—
P roposa ls w ill b e receiv ed u n til 8 P. M. J anu ary 16, 1899, b v
E, H . Casterlin, D istrict C lerk, fo r $15,000 4g bonds. S ecu r­
ities are in den om in ation o f $1,000, dated F eb . 1, 1899. In­
terest w ill be p ayable F e b . 1 and A u g . 1, and th e prin cip a l
w ill m ature #1,000 y ea rly on F eb . 1 fr o m 1900 to 1914, in ­
clu sive.
ISrew ton, A la .— Bond Offering,—P roposa ls w ill be receiv ed
u ntil 12 M. Jan. 16, 1889, b y W . H . S trong, M ayor, fo r $15,000 eg g o ld w a ter and lig h t pla n t bond s. Securities are in
den om in ation o f 81,000, d a ted F eb . 1, 1899. In terest w ill be
pa ya b le sem i-a n n u a lly a t th e C ontinental N ational Bank,
N ew Y ork C ity. P rin cip a l w ill m a tu re F eb. 1, 1929. The
bonded debt o f the to w n at present is $37,000. The assessed
i valu ation is #r 00,000, a b ou t on e-h a lf a ctu al value. T h e pop j u lation in 1890 w as 1,500 a nd is n o w a b ou t 2,200. A certified
j ch eck fo r $500 m u st a cco m p a n y proposals.
C a m b rid g e , O h io .— Band Sale.— On Jan. 2, 1899, th e $7,000
■■ cem etery b on d s w e re aw a rd ed te Seasongood & M ayer,
C in cin n a ti, at 104‘839.
Bonds m atu re Jan. 1, 1919.
F or
fu rth er d escrip tion see Chronicle D ec. 3, 1898, p. 1174. A
lu ll list o f bids w ill be g iv e n n e x t w eek.
C h e rry C reek (N . Y .) U n io n F r e e S ch o o l D is t r ic t .—B on d
Offer up.— P roposals w ill be receiv ed u ntil 7:30 p . M. January
11, 1899, by G . Frank L a p k am , S ecreta ry B oa rd o f E d u ca ­
tion, for #7,500 4 : Bonds. S ecn rities are in d en om in a tion o f
#300, dated J a n u a ry 1, 1899. In terest w ill be payable January
! and J u ly 1, at the H a n ov er N a tion a l B ank, N e w Y o rk
C ity. P rin cip al w ill m atu re $300 y ea rly on J a n u a ry 1 fr o m
19 3 to 1927, in clu sive. A certified ch eck fo r #200 p a ya b le to
C. A . M ou n t, P resid ent B oa rd o f E d u ca tion , w ill be requ ired
w ith ea ch proposal. T h e d istrict has no oth er indebtedness.
C in c in n a ti, O h io .—Bond Issue.— C ity A u d ito r B o y d e n h a s
issued a bond f o r $8 ,588 fo r the im p rov em en t o f H o w e ll
A ven u e.
C o lu m b ia ( B o r o u g h ) , L a n ca s te r C ou n ty, Fa.— Bond Offer­
ing — Proposals w ill be receiv ed u ntil 12 m . F eb. 1, 1899, b y
C. W . Stevenson, S ecreta ry, fo r $170,000 'i% bonds, S ecu ri­
ties are issued to refu n d all th e ou tstan din g bonds ($158,900)
o f the b orou g h as th ey b e co m e due and payable and to fu n d
a tem porary loan a m ou n tin g to $11,100. Securities are in
den om in a tion s o f $500 and $1,000, $145,000 dated A p r il 1,1899,
and $25,<00 A p r il 1, 1902. In terest w ill be p ayable A p r il 1
and O ctob er 1 at the office o f th e B orou gh Treasurer, and
the principal w ill m a tu re A p ril 1, 1929, s u b je ct to ca ll after
A p ril 1,1909. B on ds are exem pt fro m lo ca l and State tax.
C oliim in is, In d .— Bond Sale .— T h e sale o f $44,000 4# 10year refu n d in g bonds to th e C h ica go L oa n & T ru st Co. at
par is reported.
C olu m b u s, O h io .— Bond Sale .— T h e city s iu k ieg fu n d has
taken at par an issue o f $30,500 street im p rovem en t bon d s, as
p rovid ed b y law ,
F o re stv iH e S c h o o l D is t r ic t , S o n o m a C ou n ty, C a l.—-Bond
Sale.— On D ecem ber 30, 1898, the $800 6% 1-10-year (serial)
bon d s w ere aw arded to the W illia m H ill C o., P etalu m a, at
109. F o llo w in g are the b id s :
Wm. BUI Cu- Petaluma
.. . *87800 , C. W. Savage...............................*S30 26
Santa Ho« * N'lti .nal B ank... . 833 27 G. D. Chirk................................... 8X5 00
Oakland Bank o f Savinas......... 833 00 |

F r a n k lin ( P a .) S c h o o l D is t r ic t .— Bonds Not Sold .— T he
on ly oid receiv ed on D ecem b er 27, 1898, fo r $15,000 3 *4%
bends w as th at o f J. K . B ryden, F ran klin . Bonds w ere n ot
aw arded, .-eenrities are in den om in ation o f $500 and m ature
yea rly on J anu ary 1 as fo llo w s : $5,000 in 1904, $1,000 fr o m
1905 to 19i 9 and $500 fr o m 1910 to 1919.
Gafl’ney, C h e ro k e e C on n ty , S. C — Bond Sale.— F .M . Staf­
ford & C o., C h attan ooga, w ere the h igh est bidders on Jan,
3, 1899, for the $18,000 5% 20-40-year (optional) g o ld w ater­
w orks bonds. F o llo w in g are the b ids receiv ed :
F, II. Stafford * Co., CliattaaoKa.lOEi-20 Eiiw. C. Jones Co., New Y o r k ....101*50
N. W. Harris A Co., Now Y o r k ..,l *-*8 W - J. Hayes & Sons (iesa fl75Yor
blank bonds)..............................100*00'
It. Kloybolte A Co., Cincinnati...108*H9
Farson. Leach & Co., New York. 102*17

G lo u c e s te r , Mass.— Bids .— F o llo w in g are the b id s receiv ed
on D ee. 29, 1898, to r th e $37,000 4# n otes:
W. Holman Cary & Co.. Boston. 103*27
Hir es A Cummings. Boston...... 108*94
.........Jose. Parker A Co., B o sto n ..... 103*015 , E . E . Rollins & Sons. B oston... 103*517
It. L. Day A Co . B oston ........ 103-7*9 r Perry, Coffin* Barr, Boston ...108*513- '*
.105*551 Adams & Co., Boston— ........108*41
C. H, Wfibar A Co., Boston...................
••
Blake Bros. X Co., B o sto n ....... 103*55 N. W. Harris * Co., Now York.. 103*83
C. P. Phelps x Co., B oston,. . . . .103*54 Biodget., Merritt & Co., Boston.103*19
Ver.miiye A Co., New York........ 103 09
1C H . Gay & CoMBoston......... ,.103*54
.

A s stated last w eek , b on d s w ere aw arded to E in es & C u m ­
m ings, B oston , at 103'94.
H a ck e n s a ck , N. J .— B id s .—F o llo w in g are the bids receiv ed
D ecem b er 28, 1898, fo r th e $56,000 1% gold sew er b o n d s :
C. Eabrifkle, Jersey City............ 103*85 I N. W. Harris & Co . New Vork.lOJU*,
W alter Stanton * Cm. N. Y ......104*77 1 W. N. Truestiell, NewartL.. ....1016*7
tt. B. Smith &. Co.. New Vork.,.104'77 i Bdw. C. Jones Co.. Now Y ork... 101*316
K. II. Rollins A sons. B oston...108*037 Ben well & Everltt, New York..l00‘i9
It. KJeybolto & Co.. New York,, 102*31

A s stated last w eek, bonds w ere aw arded to C. Z a b risk ie,
Jersey City.
H a m ilto n C on n ty ( P . O. C in c in n a ti), O h io .— Bond Offer­
ing.— Proposals w ill be receiv ed u n til 12 m . Janu ary 2 8 , 1899,
by the C ou nty Com m issioners— G eo. C. Z im m erm an , C lerk —
fo r $15,900 4% a q u ed u ct bonds. Securities are in den om in a-

THE CHRONICLE.

48

tiou of $’’•0 , dated January 28. 18
0
91). Interest will be pay­
able semiannually at the office of the County Treasurer.
Principal will mature January 28, 1919. A certified check
for $ 4), payable to Tilden R. French, County Treasurer,
l<
most accompany proposals.
„ „ „„
11tinti 1toil. Oillo.—Rond Sale,—On January 2, 1899, the
fs *00 -H 1 10 year Storm District No. 1 bonds were awarded
to Briggs. Smith & Co., Cincinnati, at 102-25. Following are
the bids:
HrHnru. Smith A Co„ Clncln.. .98.386 00 Now First Nut. B’ k, Colurabus.f8.316 60
"Ml Jl Mayor. Clncln.. 8.207 00 Denison, Prior A Co., Cleve. . 8,28b 00

Herkimer, N Y.—Bond Sale.— On January 4, 1899, $13,500
.
were awarded to the Herkimer National Bank at
103-58.
Idaho Falls (Idaho). School District No. 35.—Bond Sale.
—On Dec. 19, 1898, $550 7? 5-year bonds were awarded to
Duke M. Farson Chicago.
Jersey City, N. .1.— Tax Arrearage Bonds Issued .—On
December 21, 1899, the Board of Finance passed a resolution
authorizing the Mayor and Aldermen to issue not more than
$1,015,000 temporary-loan bonds, in anticipation of the col­
lection of taxes for the years 1875 to 1893, inclusive. These
bonds are payable January 1, 1902, or upon 10 days’ notice
by the city, with interest not exceeding i% payable January
,
l and July 1. By the resolution these bonds are to be sold
to the Commissioners of the Sinking Funds of Jersey City
and Hudson County at par and accrued interest. The?e
bonds are issued in order to consolidate certain tax arrearage
funds formerly established, and the tax-arrearage bonds now
outstanding are all called for payment.
Maryland.—Bids.—Following are the bids received Decem­
ber 30, 1898, for the $915,000 3£ 10-15-year (optional) consolidateddoan of 1899 :
1 : bonds

Third Nut. Bunk, Baltimore .10218
Sperry, Jones & Co..Baltimore.l01*765
Allen Oiruthers, New York
101*76
IV. .1. Haye* A '-one.Lleve...... 1«1*0565
T. wnsentl. Scott A Co.............. 100*01
R. KleTboIte A Co., Cincinnati. 100*63
K. H. (Jay A Co.. Boston......... 100*51
C. H. MolSvoy. Cumber.. f2.f»00.10u*l0
. f 30,300.101*00
Safe Deposit & Tr. Co. < 30.000.100*60
( 20,000.100*60

f f 100,000.100*23
i 100,000 100*29
100,000.100*37
I 100,000.100*53
Abraham W hite. New J 100.000.100*68
York.......................... i lOO.OuO.100*77
| 100,0(0.100*83
1( 0,0'0 100*96
|

{

100,000 101*10

15,000.101*11

As stated last week, bonds were taken by the Sinking Fund.

(MEW LOANS.
s g r -^ 0 0 ,0 0 0

NEW

Mason County (Wash.) School District No. t .— Bond

o f State L a n d C om m issioners.
N ew Bruuswick(N. J . ) School District.— Bond Offering.—
F u rth er details are at hand rela tiv e to the sa le of $38,200 4i
g o ld bonds, b ids fo r w h ich w ill be re ce iv e d u n til 8 p. m .
J a n n a ry 18, 1899, b y Jos. Fieher, T rea su rer B o a rd o f E d u ca ­
tion . P roposa ls are asked on fo u r d ifferen t lo ts sepa ra tely.
These lots, a m ou n tin g to $8.2' 0. $8,500, $10,000 a n d $11,500,
respectively, bear date F e b ru a ry 1. 1899.
P rin cip a l w ill
m a tu re as fo llo w s : F irst lot o f $9,200, on e b o n d o f $200 in
1900 and tw o bonds o f $500 y ea rly fr o m 1901 to 1908,
in clu sive. Second lot o f $8,500, tw o b on d s o f $500 y e a rly
fr o m 1009 to 1914 in clu siv e, and fo u r b on d s o f $500 in 1915.
T h ird lo t o f $10,000, fou r bon d s o f $500 y e a rly fr o m 1916 to
1920 in clu sive. F o u rth lo t of $11,500, fo u r bon d s o f $500
yea rly fr o m 1921 to 1924 in clu siv e, five bonds o f $500 in 1925,
a n d tw o bon d s o f $500 in 1926.
N o rth A da m s, M ass.— Temporary Loan. — T h is c it y has
n egotia ted a loan o f $50,000 w ith R o g e rs , N ew m a n & T o lm an, B oston, at % f la t L oa n m a tu res O ctob er 3, 1899.
%
N orth East, P a .— Bond Sale — On J a n u a ry 3, 1899, the
$20,000 4£ w ater b on d s w ere aw arded to th e L a m p r e c h t B ros.
C o ., C levelan d, at 104-17. F o llo w in g are tbe b ids :
Lamprecht Bros. Co., Cleve...... 104*17 I Seasongood & Mayer. C incin... .103*348
W . J. Hayes & Sons. Cleveland. 106*425 1 F. S. Allis, Erie.............................1O300
Edw. C. Jones Co.. New Y o rk ...104*00 1N W . Harris & Co., New York.. 102*889
Denison, Prior & Co , C leve.. ..104*00 |Robinson Bros., Pittsburg......... 102*85
Britzgs, Smith & Co., Cincinnati. 103*512 i 8. A. Kean, Chicago ...................100*50

B on ds m a tu re *0 years fr o m date o f issue. F o r fu rth e r de­
scrip tion o f bonds see C h r o n ic l e D ee. 17. 1898, p. 1275.
Polk C ou n ty . W is .- B o n d Sale.— On J a n u a ry 3, 1899, th e
$25,000
b on d s w ere aw arded to th e M in n esota L oa n &
T ru st C o., M in neapolis, at 105-82. B onds m ature J a n u a ry 1,
1919. F o llo w in g are th e b id s :
Minn. L’n &Tr. Co,Minn’Jic..$26,456 00 I State Bank o f Chicago........... $25,880 00
N. W. Harris A Co., Chicago. 26 450 00 |New First Nat. B ’k, CoTmbus. 25,875 50
Seasongood & Mayer. Cincin. 26,220 00 |Lamprecht Bros. Co., C le v e .. 25,815 25
Farson, Leach & Co..Chicago. 26.289 00 ! S. A. Kean.Chicago................25,785 00
W J. Hayes & Sons, C leve... 2^,235 00 I Merchants’ Nat. B’k.St.Paul, t’5.757 75
F. R. Fulton & Co., C hicago.. 26,021 00 | h . M. McKay. Chicago........... 25,525 00
Kane & Co.. Minneapolis. .. 26.00000 J. O. Norton, St. Paul .......... 25,52000
Denison, Prior & Co., C leve.. 25,950 oo ' F. G. Carr. H udson.................. 26,436 00
E. 11 Rollins & Sons. Boston. 25,947 50 |Farmers’ & Meciianics’ SavBriggs, Smith & Co., Cincin.. t5 917 75
inns Bank. Minneapolis...... 25,275 00
Masom Lewis & Co., Chicago. 25,894 00 I Peter Sims, St. P a u l............... 25,350 00

Philadelphia, Pa.—Loan

LOANS.

5* F UNDI NG BONDS.

3 K Per Cent Bonds

(Registered or Coupon.)

Dated June 1st, 1898.
Due June 1st, 1918.
Principal and interest payable in U. S. Gold in New
York, or ^Sterling in London, at option o f holder.

Due Jan. 15, 1946,

Denomination s i , '000.

Payable in New York.

Whann & Schlesinger,
71 BROADWAY, NEW YORK

These bonds were Issued under A ct o f Congress
approved August 3.1804, and by A ct o f the Legisla­
tive Assembly o f the Territory March 19,1895, for
the purpose o f funding the Territorial indebtedness.

Government and
Municipal Bonds

L E G A L I T Y .—'T he legality o f this issue Is ap­
proved by Ch&s. B. W ood. Esq., o f Chicago.

SOUGHT AND SOLD.

Special Circular and Price npon Application.
Correspondence invited.

A. C. FROST & CO.,
B A 'K E R S .

108 LA SALLE STREET,

.

CHICAGO,

$ 17 5,000

Los

Angeles

APPRAISEMENTS MADE OR QUOTATIONS
BURNISHED FOR THE PURCHASE, SALE. Oil
SXCHANGE OF ABOVE SECURITIES.

Traction Go,

l i t M o r tg a g e IS* -J O -ycar C iold B o n d . .
Total Issue 1260,000.
First Mortgage at 114,000 per mile,
earnings for 28 months o f operation, $00,083 90
equivalent to 12* on the total Issue o f bonds.
Population o f Los Angeles 103,079.
Send for full description o f property.

E. H. ROLLINS & SONS,
1 » M ilk H treer. B o s t o n , IH sss.

ap-

IN V E S T M E N T S
THE

L amprecht B

ros.

C

o .,

C e n tu ry B u ild in g , C L E V E L A N D , O H IO ,
DEALERS IN

MUNICIPAL. RAILROAD,
STREET RAILWAY & CORPORATION

BONDS.
LISTS SENT UPON REQUEST.
Inform ation given and quotations furnished con­
cerning all classes o f stocks and bonds that have a
Cleveland market.

TROWBRIDGE,
M a c Donald
& N iver

C o.

M U N IC IP A L B O N D S ,

L I S T S ON A P P L I C A T I O N .

N. W. HARRIS & CO,,
B A N K E R S *.

.

B ill Decision Appealed.—An

peal w as taken on Jann ary 3, 1899, t o th e Su prem e C ou rt b y

$ 5 0 0 ,0 0 0

Optional after 20 years from date.

uvm,

Sale .— T h e d istrict re ce n tly sold $2,000 5% bonds to the Board

TERRITORY OF ARIZONA CITY OF ST. LOUIS, MO.,

Dated Jan. 15, 1896.

[V ol .

■11 H A S S A T J 8 T . ( B u n k o f ^ o m i n o r n * R i d *

1st Nat. Bank Bldg.
M U N I C I PAL

• • CHICAGO
BONDS.

&
ADAMS & COMPANY, John V E Nuveen NKER S,Co.,
IN
S T M E N T BA
BANKERS,
DEALERS IN

1st National Bank Building, Chicago.
Correspondence solicited.
R e fe r e n c e , F ir s t N a tio n a l B a n k

INVESTMENT BONDS,
Members o f Boston Stock Exchange.-

No. 7 Congress and 31 State Streets
BO STO N .

C h ic a g o ,

C AS H PAID FOR
K a n s a s M u n i c i p a l H ond a in d e f a u l t ,
W ic h it a M o r tg a g e s , d e fa u lt o r n ot,
W ic h it a o r S e d g w ic k C o . R e a l E s ta te ,
F o r e c lo s e M o r t g a g e s , e t c .

DEAN G O R D O N , Financial Broker,
__________ W I C H I T A ,

K AN SAS.

WANTED:
M A S O N , LEWIS & CO.,

ED W A R D C. JONES CO.

BAN K ERS,

DEALERS IN

ISO D e v o n .h i r e S t r e e t . B o s t o n ,
1 7 1 l . a S a l l e S t r e e t , C h ic a g o ,
OFFER FOB SALE:
R e n o C o u n t y , K n n s n s .............................
> C o u n ty K a o s a s
s o ,
P a le s t! e, T e x a s
s tln
......... 17.
J o l i e ■t u.b s c o „ 4 io iili t t , hl i . . . : : : : : ; .................. s*;„
t t u . t o „ . n e t i l ..................
S o u i h ••mahn, Neh
. . ..
«"
B n y fic ld C o s n ty, W I s .............
........... x!!
And Other Desirable Securities.

Municipal, Railroad,
Street Railway and Gas

BONDS.
NEW YORK
1 NASSAU STREET.
PH ILA D E LPH IA - 421 CHESTNUT ST.

M U N IC IP A L B O N D S,
M U N IC IP A L , S T A T E or
COUNTY W A R R A N T S ,
R A IL R O A D BONDS.
Investment Securities Bought, Sold or Exchanged.
W IL L IA M E. NICHOLS. Id W all Street, New York.

We Buy and Sell Municipal Bonds
from Southern and Western States;
also Guaranteed Railroad Stocks.
R O S E N B E R G E R <fc L I V I , I I IS<( 1C E ,
(Specialists in Texas Securities),
4 0 W a ll S tr e e t,
N ew Y o rk .

THE CHRONICLE.

J a n u a r y 7, 1899. J

49

R o b e r t J. B a rr and H o w a rd R . Y o cu m fr o m th e d ecision
v illa g e is $a4,uuo, t h e a ssessed v a lu a t io n is $844,570 a n d t h e
re ce n tly ren dered b y th e C om m on P leas C on rt N o. 3 in dis­ p o p u la t io n 1,450.
m issing th e h ill in ’ e q u ity filed aga in st th e c it y con testin g
S h e rm a n , T e x a s . Bond Sale.— O n D ecem b er 31, 1898, th e
th e lega lity o t th e proposed loa n o f -$11,200,000. See C h r o n ­ $40,000 o$ 1-10-year im p rov em en t b on d s w ere aw a rd ed to
i c l e iast w eek , p. 1367.
F arson , L e a ch & C o., C h ica go, at llO'oO. F o llo w in g are the
IJuiucy, M ich .— Bond Election .— A n e le ctio n w ill b e h eld
b id s :
J a n o a ry ’ lO, 1899, to v ote on the qu estion o f issu in g $5,000
Eai-son, Leach & Co. C hicago.,*11,200 I J. B. Oldham. Dallas ...
* « 50
0
e le ctric-lig h t pla n t bond s.
IS
s Sons, Cleveland. 43,722 |Gillespie & Cllllum, D a I l a s " " '. 7 « l 8 o
.V \ . Harris
\
I Lampreeht
Cleve. . 43 000
R e n s s e la e r C o u n ty ( P . 0 . Troy) N. T .— Bond Offering. — ■ .Uasou, Lewis& Co„ Chp.-asu.... 43,721 I seasongood Bros. Co., C in ein.... 4 (3 4
a Co., Chicago... 13,800
& Mayer,
24
P rop osa ls w ill be re ce iv e d n n til 12 \L, J a n . 26, 1899, b y .John
F o r descrip tion o f bonds f e e C h r o n i c l e D e c. 2 4 , 1898, p. 1324.
Don. C o u n ty T reasu rer, fo r $22,000
re fu n d in g bonds.
T ip p e c a n o e ( T i l l a g e ) , M ia m i C ou n ty, O h io .—R o n d Sale!
Secu rities are in den om in a tion o f §t,0 o0 , d a ted F e b . 1, 1899.
— On J a n u a ry 3, 1899, th e $1,172 80 6S street im p rovem en t
In terest w ill b e p a ya b le sem i ann u ally, and th e p rin cip a l
n on d s w ere a w a rded to th e A tla s N a tion a l B ank, C incinnati,
w ill m a tu re $1,000 y e a rly o n F eb rn a ry 1, fr o m 1900 t o 1921
lit 108-12, and the $6,000 6J fu n d in g bonds to th e T ip pecan oe
in clu sive,
N ational B ank at 120-31
A fu ll list o f b ids w ill be <nV6n
R o c h e s te r , N. V. Temporary Loan.— T h e c it y has n ego­
mutt w eek. F o r descrip tion o f b on d s see C h r o n ic l e D ec.
tiated a five m on th s loa n o f $150,000 a t 2-87:?.
17. 1898, p . 1277.
S a r a n a c ( T o w n ), C lin t o n C ou n ty ,
Y .— Bond Offering.—
V a lp a ra is o , D id .— Bond Sale.— T h e $51,000 4£ re fu n d in g
F u rth e r details are at hand rela tive to the sale o f $9,000 4i
bon d s h ave baen a w a rded t o th e F a rm ers’ N ational B ank o f
bond s, bids fo r w h ich w ill be receiv ed until 10 A. M to-day
Valparaiso at 103-78 a n d n e w bonds free. F o llo w in g are the
(Ja n . 7, 1899). Secu rities are in den om in ation o f $1,000, hills:
da ted Jan. 10, 1899. Interest w ill b e p a ya b le annually on
Prem . \ , .,
ium „
„
^
Prem ium .
A p r il 1, a nd th e p rin cip a l w ill m a tu re $1,000 yearly on
Farmers’ National B ank,ValTrowbridge. MacDonald &
paraiao............................ . .*$1,920 00
A p r il 1. from 1900 to 1908, in clu sive. B ids w ill b e recei ved N. W Harris & Co., Chicago. .♦ 1,075 00 j Nlvet C-*.. Chicago.............. *$1,031 00
First National Bank Porter
at the Iro n N a tion a l B ank, P la ttsb u rgh .
Co., fo r 3 8-10^ bonds.........
Par
* And blank bonds.
S a va n n a h , R a .— Temporary Loan.— T h is c it y has b o r­
B ids fo r these b on d s w ere o rig in a lly receiv ed la st O ctob er
r o w e d $20,000 o f the $30,000 loan re ce n tly a u th orized b y the
and w e re given in th e C hronicle N o v . 19, 1898, b u t w ere not
C ou n cil.
S c o tt C o u n ty . K y .— Bid * .— F o llo w in g are the b id s r e ­ aw arded at that tim e. T h ey w ill m a tu re 20 years fro m date
o f issue. $10,000 b e in g s u b je c t to ca ll a fter 10 years and
ceiv ed on D ec. 2 9 .18 9 8 , fo r th e $46,000 4 . tu rn p ik e b on d s:
Sca*ongoo<l t Ifityer, Cloctcuf-47.32ft BO I K. Klcybolte Co.. C tocto,. .147,072 80 $15 000 a fte r 15 years.
Lampreeht Bros, C»>.. Cit-ve . 47.223 do I
W a s h in g to n , Im l .— Bond Sale .— T h is c ity has issued $10,000
A s stated last w e e k b o n d i w ere a w a rded to Seasongood &
6 I 10 year-street im p rovem en t b o n d s to A r c h e r & b a v ls ,
M a y e r a t 102-88.
|co n tra cto rs fo r th e w ork.
Sea C liff, N. Y .— Bond Offering.— P rop osa ls w ill be re­
IV syn e C ou n ty , N eb .— Bond Offering.— P roposa ls w ill be
ceiv ed u n til 1 v. M. Jan. 1 0 , 1899. by Fred. H. M a id m en t, receiv ed u n til 12 m . Jan. 12. 1899, b y J. R . C oyle, C ou n ty
V illa g e Clerk, f o r $3,00 > s id e w a lk and street im p rovem en t j <Jerk, fo r §25,000 3 con rt-h ou se bonds. S ecu rities are in
g o ld bonds. Interest w ill be p a ya b le F eb rn a ry 1 and A u ­ d en om in a tion o f §500, dated D ec. 1, 1898. In terest w ill be
gu st I and the p rin cip a l w ill m a tu re tw o bon d s yea r! v, b eg in ­ payable sem i a n n u a lly and th e principal w ill m ature $2,500
n in g F eb. t , 1900. A certified ch e ck p ayable to H en ry C.
yearly on D ec. 1 fro m 1904 to 1913, in clu sive. A deposit o f
S m ith , T reasu rer, fo r $500 m n st a cco m p a n y proposals. §580 w ill be requ ired. T h e present b on d ed d e b t is $2,500.
T h e bonds w ill b e aw a rd ed t o th e person o ffe rin g to take
The assessed va lu a tion is $1 .738,825, a b ou t on e-fifth a ctu a l
th em a t th e lo w e s t rate o f interest. T h e b on d ed d e b t o f the i value. T h e p op u la tion is estim ated at 12,000.

Looted la the Went #Uioe
and baring and large experience in
W estern M ortiu gp I.ottna,

27th

THE R. J. WADDELL
INVESTMENT COMPANY,

year

OF O TTA W A , K AN SAS,
Offer* Special F act lit lew for the care anti cctlftC'

new

En g l a n d L o a n
& T R U S T C O.

H are r«?»wired for fof lection about *2,0004)00 at
tb e •omritMa o f the fol'ow itir
bie Mortgage. Lombard. W estern farm Mortgage.
IB 'i JftltT*Cookft». V a d for e i r r u i n r giving 'ietallwd statement o f srbai wo have accomplished,
i :: „;
r
, __ • _____ A Traders’
Bank

B kncfttNc*a; f

Wood, Huestis & Co
81 Fine Street, N York City.
ew
COSIJ11SSIOK B R O K E R S
AND PKALBHS IN
I N V K S T J I E V r S E C U R IT IE S .
& H. HUKSTIB
(Member N. T B lock Exchange
U M. 8WAN,
l Member S . 7 . Stock Exchang*
G e n e ra l P a r tn e r* .

C. D . WOOD. Special Partner.

John H. Davis & Co..
BANKERS.
Ha. 1 0

W ALL

NEW

biab'Cfaaa
rsY B srn E B T

County, City.

YORK.

Order* for Stocks and Honda executed at »U
Each on {;••». Especial attention air on to •upplyln*

State,
School,

h k u u r it ie s

.

ALL N. Y. STREET RAILROAD
And other Investment Securities dealt in by

Bonds.

R. J . Jacobs &. Co.,

BRI GGS. S M I T H & CO. .

•II N E W S T R E E T ,

-

-

NEW

YORK.

CINCINNATI, OHM;,

Member* o f the New York Stock Exchange.
Order* In Stock* and Bonds executedVm commission

F. R . F U L T O N & C O .,

Wm. M. H a axil m a n . Member N. Y. Stock Brchangs
■Ji.rvaa H i R a a u N , j a. N ic h o la s F ish , 8pecU<

M UNICIPAL

B o NDS,

Harriman & Co.,
IQ C J IT A B L X

171

LA

SALLE

STREET

_____ C HICAGO.
M. A. Devitt & Co.,
M U N IC IP A L BONDS.
F I r .t N a tio n a l B a n k

H iillr tln e

_________ C H I C A G O._________

W. D. Van Vlcck,
3 1 K A89AU ST R E E T , . - NEW Y O R K .

B U IL D IS O ,

B A N K E R S AND

NEW

YORK,

BROKERS.

Transact a General Banking and Stock Exchang
Bus! ness.

B A N K E R S AND B R O K E R S,
MEMBERS OF H EW T O R E STOCK EXCHANGE

N o. 81 N assau S tre e t, N ew Y o r k C ity ,
C O M M E R C IA L

PAPER

A

S P E C IA L T Y .

DEALERS IN
IN V E S T M E N T

S E C U R IT IE S .

Taintor & Holt,
BANKERS,

N . 11 WALL STREET, NEW YORE.
O
(Member* New York Stock Exchange.)
Stock* and Bonds bought and Sold on commission
for Caeh or on Margin*
INVESTMENT SECURITIES.
W m. Fa h n e sto c k , t . j . M u m pobd . it. B. D odson
(Member N. Y. Stock Ex.)

Fahnestock

& Co.,

BROKERS AND DEALERS IN

INVESTM ENT
2

SECURITIES,

W A L L STREET.

CH ARLES A . M A C T , J R .,

F R A N C IS ff. M A C V . J R
w il l ia m H e r b e r t .

Member N. Y. Stocfc 13*.

Macy Brothers & Herbert,
BANKERS

AND

BROKERS,

No. xi Pine Street, New York.

Hjbtry g . CAMFBiM*. \ Member* N. Y. Stock
J. BotiDSN H a iu u m a n , )
Exchange.

H.
H. G, Campbell & Co., W. A N K E R Goadby O&E RCo.,
B
S AND B R K
S,
BOND AND S T O C K B R O K E R S *
11

W all Street*
NEW YORK.

James N. Brown & Co.,
B a n k e r s, 62 C ed a r S tre e t,
d e a l e r s in

H ig h G ra d e In v e s tm e n t B o n d s & S tock s.

M U N I C I P A L BONDS.

Goldman, Sachs & Co.,

K . H . L A D D . J U ..

» w Tork < j
;it

( Mercantile Trust C Boitai. M
»»-»
ae
and manj others East and Weal

ffiuattjcial.

2* iua o ctal.

F in a n c ia l,

U N L IS T E D S E C U R I T I E S .

N 0 . 2 4 R R O A D
N ew

S T R E E T

Y ork.

Hatch & Foote,
BAN KERS,
N o. 3 N A SS A U S T R E E T , N E W Y O R K .

INVESTMENT.

SECU RITIES.

THK CHRONICLE.

50

[VOL. LXYIII.

$auhers and ^Brokers 6>nt of Hew Horh.
P I T T SB U RG .

PHI LADELPHI A

CHICAGO.

E. W. Clark & Co., Henry Sproul & Co.,
Ba NKBBS AND BROKBB8,

N o . 130 S o u tli F o u r t h S t.,

Schwartz, Dupee &JCo.,
Stocks, Grain and Provisions,
12 B o n r< l| o f T r a d e ,

C lllC itU O ,

P H IL A D E L P H IA .
Transact a general banking business.

•

Edward B. Smith & Co.,

N e w Y o rfc .

BOURSE

FOURTH

M EM BERS OF TH E

NEW YORK STOCK EXCHANGE,
P H IL A D E L P H IA STOCK EXCHANGE,
PITTSBURG EXCHANGE (3 MEMBERS).
CHICAGO 8T0CK EXCHANGE,
CHICAGO BOARD OF TR AD E.

N . Holmes & Sons,
BANKERS.

B U IL D IN G .

P IT T S B U R G ,

PHILADELPHIA.
Members Phila. and New York Stock Bxchangei

Bartlett, Frazier & Co.,
STOCKS

AND

BO N D S,

BRAIN, PROVISIONS and COTTON.
WESTERN UNION BUILDING,

128 148 JACKSON ST., CHICAGO.
Private wires to all principal markets.

Special attention invited to onr Stocks
and Bonds Department.

AVENUE,

P IT T S B U R G , P A .

Allow*

'^ e m b e r ^ o fT b e Philadelphia and New York Stool
Exchangee, and connected by private wire will
New York.

BANKERS AND BROKBBB,

T S e w S lre e t,

T8

W G. HOPPSB.
H . 8. HoPPBBi
Members o f Philadelphia Stock Exchange.

Wm. G. Hopper & Co.
STOCK AND BOND BROKERS,

28 South Third Street, Philadelphia
BONDS ADVKRTI8ED on the marketCsupplied at
SUBSCRIPTION PRICES.
Telephone 100

PENN,

CORRESPONDENTS
Bank o f New York, N. B. A.
First National Bank o f Philadelphia.
P I T T S B U R G ,

P A .

E S T A B L IS H E D 1 8 7 1 .

Whitney & Stephenson,
BANKERS AND BROKERS
N o. 20 9 F O U R T H A V E N U E .
Oldest Pittsburg Members N. Y. Stock Exchange.

C. & H, Borie,
BANKERS

AND

BROKERS,

Third and Chestnut Streets,
PH IJiADELPHIA. PENN.

T . Mellon & Sons’ Bank,
P IT T S B U R G H
GENERAL

B A N K IN G ,

PA.

C O L L E C T IO N S

IN V E S T M E N T S .

A. O. Slaughter & Co.,
B AN K E R S AND B R O K E R S,
1 1 5 -1 1 7 L A S A L L E S T R E E T ,

C H I C A G O , IC C .
Members New York Stock Exchange, Chicago
Btoek Exchange and Chicago Board o f Trade.

S T A H L & ST R A U B ,
B A N K E R S AND B R O K E R S ,
113 SOUTH FIFTH ST., (Drexel Building
P H IL A D E L P H IA
A General Banking Business Transacted.
Investment Securities Bought and Sold.
Interest Allowed on Deposits.
Members o f Phila. 8tock Exchange and connect*
by direct wire with New York and other pointB

lamieson & Co.,

WESTERN.

SOUTHERN.
W il l ia m W ilson A Sons , Established 1802.
W ilson , Colston & Co.,
“
1867.

Wilson, Colston & C o.,
Members o f Baltimore Stock Exchange,
BAN KERS.
2 1 6 E ast B a ltim o r e S tre e t. B a ltim o r e ,
Investment and Miscellaneous Securities a spec­
ialty, and whole issues handled.
Exceptional facilities fo r dealings in all classes of
Southern Bonds. Loans on Collateral Securities
negotiated.

S T O C K S —B O N D S ,
Members New York and Chicago Stock Exchanges,
169 LA S A L L E ST R E E T ,
C h ic a g o , I l l s .

H e n r y St . G o a r ,

E d w a r d P o l l it z

Members Stock and Bond Exchange.

Edward Pollitz & Co.,
S T O C K AND BOND B R O K E R S .

private wire to New York and Philadelphia.

Hawaiian Sugar Stocks a Specialty.

Sidney Loeb & Co.,

4 0 3 C a l i f o r n ia S t r e e t ,
SAN F R A N C I S C O , C A L .

Successors to Loeb A Gatzert,

M
ORTGAGE BANKERS,
1 2 5 L A M A LLE S T R E E T , C H IC A G O .
First Mortgages for sale In large and small amounts.
Betting Investors 6,
and 0 per cent, secured b j
Improved and Income bearing Chicago city property.
P r in c ip a l a n d I n te r e s t P a y a b le In G o ld .
CORRESPONDENCE SOLICITED.
JOB* J .P .O dkll , formerly Pres’t. Union Nat. BankF r a n k II. P k a v e y (Special).

John J . P. Odell & Co.,
BANKERS A FINANCIAL AGENTS,
171 L A

SALLE STR E E T,

Ladd & Tilton,

Mottu, de W itt & Co.,
Bankers and Brokers

NORFOLK, V A .
SOUTHERN

john W. Dickey,

BAN KERS,

PORTLAND,

BROKER,

OREGON.

A U G U S T A , G E OR G I A .

ESTABLISHED IN 1859.
T ra n sa ct

a

G en eral

IN VESTM EN TS.

B a n k in g

B u s in e s s ,

Collections Giy e n Sp e c ia l A tte n t io n

Irwin, Ballmann & Co.,

SOUTHERN

S E C U R IT IE S

Davenport & Co.,
O i N K E R S

A N D

B R O K E R S

B r o k e r s a n d D e a tle rs in

R IC H M O N D , V IR G IN IA *

I lts b -U r n d ,- l u v c .t m e n t M ccu rlttca .

C in c in n a t i B o n d s a n d S t o c k s

A. G. Becker & Co.,

3 7 E a s t T h i r d S t., C in c in n a t i, O h io .

Correspondence solicited and information fu r­
nished about Southern State. Municipal and Rail­
road Investment Securities.
Reference—Bank o f New York N. B A.

C H IC AG O .

( INCORPORATED).

Seasongood &

C O M M E R C IA L PAPER.
199 La Salle St.. Chicago, III.

pUsccUaucotis.

M U N I C I P A L BONDS.
J I l*i1; Qrad?.c ,t y’ County, Town and School Bonds.
i» leading prosperous Stales o f the Union, especlally ftiluptecl tor bate and permanent investment
*or Estates and Trust Funds.
Ed w a r d s W h it a k e r .

Theodore Leonard,
A T T O R N E Y -A T -L A W ,

Investments and Corporations.
Uefareneo, F in t N ation.) Bank.

COLUM BUS,

O H IO .

w h «eler Bldg

M ayer,

S . W . C o r n e r T h ir d a n d W a l n u t S t r e e t . ,
C IN C IN N A T I, O H IO .

CHARLES HODGMAS

Whitaker & Hodgman,
BOND AND STOCK B R O K E R S ,
3 0 0 N o rth E o u r t h S t r e e t .

S T . LOIT1S.

E S T A B L IS H E D 1 8 0 0 .

A. Strassburger,
STOCKS AND

BONDS

BROKER.

S o u t h e r n In v e s t m e n t S e c u r it ie s .

MONTGOMERY, AT,A.

E A ST E R N .

Richardson & Clark,
BANKERS,
25 Exchange Street, Providence. K. 1.
Transact a general banking business. Bonds
Stocks and Local Securities. Commercial Paper
bought and sold on commission. Private wires
New York, Boston and Philadelphia.