Full text of Commercial and Financial Chronicle : January 9, 1897, Vol. 64, No. 1646

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

I t i u c o r a l a c c o r d m * do A c t o f C o n g r e s s , i n t h e y e a r 1 3 9 7 , b y t h e W i l l i a m B . D a n a C o m p a n t , I n t h e o f f i c e o f t h e L i b r a r i a n o f O o n g r e M .

VOL. 64.

SATURDAY, JANUARY 9, 1897.

% h t

The week’s total for all cities shows a los o f 17-9 percent
from 1896. The decrease from 1895 is 9-9 per cent and the
decline from 1894 is 7'S per cent. Outside o f New York the
decrease compared with 1896 is 17'0 per cent, the loss from 1895
is 13 6 per cent, and the decrease from 1894 reaches 13‘4per ct.

( ^ h r a n t d e .

P U B L IS H E D

W EEKLY.

PINE ST R E E T , N. W . CORNER OF PEARL S T R E E T , N. Y.

CLEARING HOUSE RETURNS.

W eek en d in g J a n u a r y 2 .

For the month of December and the twelve months the
exhibit is as follows :

C learings a t —

Twelve M onths.
1896.

189

P .C t

1896.

P .C t.

1895.

t
«
t
N e w Y o rk .
2.655/39#>P.2,9j9.S02.O34 —8 '
;29.81*.790 944
270.650,4*2 331.941.581 -16*5
P h i l a d e l p h i a ..
3 / 5 0 .1 a l. ] 2 ’
—
8*8
P itts b u rg ..
01,882.512j
740.110,201
67.828.238
62,846.900 + 8*1
d t , 2*8,390
B a ltim o re .
09+707.2+1
l*.970,t>24
B u ffa lo . . . .
21.573,920 - 12*1
222.279.604
W a s h i n g t o n ..
3.918,461 —12*1
7.835,124
90,UM0,805
3*9
R o c h e s te r . . . .
7.3 4-<.068
7.061,036
8 0 /8 7 .2 3
6,142,071 -18*2
4,205.373
S y r a c u s e ..........
5 2 3 1 \* W
3.738.836 +12* •
4.'46,889
B o r a n t o n .........
Sv*.0-2,214
42.471.221
2.7l2,iei
8.0SH, 182 -12-5
W ilm in g to n ..
37.070.161
1.638.600 — 15*3
B i n g h a m t o n ..
17.701.900
T o t a l M id d le 3.099 0.7.770 3.423.U0.8-J5 -9*5 34,035 269.2Vi 35.286,790,41<
B o s t o n .............
P r o r l d e n o e .. .
H a r tf o r d ... .
N ew H a v e n
S
Bpi
p r in g f ie ld . ..
W o r c e s te r ..
P o r t l a n d ........
F a ll R i v e r ........
L o w e i l ..............
N ew B e d f o r d .
T o t a l N . B ne

422.293.320
2 <.085,900
9,469/1/
0.247,132
r,l7 A ,« 8 )
0.071,183
5,920,6!
4 778.202
2.647,087
2 216.824
489,1(3,990

-3 * 3
-1 1 1
-0 1
+3*5
—1 3
—1*1
-2 * 2
—5*8
+3*7
—5 7
—+ 7
—8 8

422.361.587 002
4,757.0®4.691 —5*1
-r»
26,051,300
280 809.700 —8 7
10,««9,<X>0 — 11-2
U *.502,228
118.089.991 —0*1
6.941,280 —10*0
70,44 1.81*4
78,118.0 I - 2 * 1
6,552.4 99 -10-4
67,3*0,282
75,45:1.00'> -L 0 -7
0.1+0/ 4 —1*8
08 025,943 +2*9
70.595,152
5,64 3,60J + 6*1
06/0-1,024 +1*0
06,02 IA40
4.768,453 + 1*6
42.015.985
4 1 / 4 8 361 +3*5
—
l4
»U
3,109.774
31,053 006
33.5 -7 ,6 5 3 -7 * 5
1*1
2.242,040
22,770.205 4 5 1
2H.937.13 >
494,4*0.437 — l*J 5,2 >1,203,097 5 .5 4 1 /9 2 ,2 * 11 —5*2

C h i c a g o ............. 393.731.241 419,398,940 —6*J 4.413,054,108 4,014/79,203 ! -4*4
535,95*. >5<*
C i n c i n n a t i ........
5o.C62.36 > —1*1*
63.eO4.i0>
051,284 0»0, - l - * 9
D e t r o i t - . .........
28.6.4 ►07 -4*u
27,481,<07
800,080,130
323.52*210 -7 * 3
24 r,36,0*6
27.435.35U 10*2
2 9 9 ,3 9 7 / 76
C l e v e l a n d ........
298 795,190 + 0*2
lc.038.167
230.84-8,403
22.X77.58l' 190
M il w a u k e e __
2*6.408.020 -6 * 3
10,7«>W.0'»<»
C o l u m b u s ........
15,071,200 +5'8
175,215 2
183 181/0 —4*3
1 0 ,117,0*0 —9 0
9 119,912
102,439.8
I n d ia n a p o li s ...
78,316.913 + 3 0 9
0 ,9 7 0 /' 5
8,014.70 * —13*0
86.479,006
P e o r i a ................
101,2-8.334 -1 4 -0
3,6 43,934 —9*7
3.2-11,320
39,015.630
G r a n d R a p id s .
43,290.211 —r 9
1.3 J0,MOV
1,952,3 <2 -331
L e x i n g to n . . .
18,109.645 — 10 9
16,1 <8.723
1.119/
1 3.7:0.169
M M 1.5I6 - 9 1
K a la m a z o o . ...
13,029,14 Oi + 1 1
1,376,962 —25 3
1,029.900
12.939,829
A k r o n .................
13,421,379 —3 s
99 *.008
1,011,151' —19
12,3 2 ,-2 9
B a y C ity ............
10.101,412 —23’4
785.06.-l!
922,697 —U*n
10 500.24 7
10.846 3<-5 - 3 1
R o c k f o r d .........
857,302 —:40 7
678.5321
8,721.020
S p r in g f ie ld —
9.169,305 — 4*0
H.7v2 7 l7
734.09+
813.1.6 —9*7
9.2 15.6'l —5*1
C a n t o n . . . ..
1’O t.M .W e s t. 000,780,150 598,694 1431
0,314,757,233 0,011,779,036 —
*8

)

d a n F r a n c is c o .
S a l t L a k e C ity
P o r tla n d .....
L o s A n g e le s .
H e l e n a ............
T a c o m a ..........
S e a t t l e .............
S p o k a n e .........
F a r g o .................
S io u x F a l l s ___
T o t a l P a c ific
K a n s a s C i ty ...
M in n e a p o lis ..
O m a o a ..
S t. P a u l . . .
D e n v er.
S t . J o s e p h ..
D es M o in e s
8 l o u x C ity ..
L i n c o ln ..........
W l o h l t a ___ .
T o p e k a ..........
F r e m o n t .........
H a s t i n g s . . ..
T o t. o t b ’r W .

61.630.791
8.4-8 170
0.016.177

0.00',010

2,708/33
2.001,17m
2,308.430
2/04.770
536,752
210.4*6
93.5c6.4pn

63.8*2.297 -8*8
0,246,439+30*9
5,26 f,2731+2+3
7.414/53 ,—11*0
2.645.409 + 1*4
2.383,177 —12*6
2.3* 4.6091 —0*3
2,012.498 1 44*3
517/021 + 3 7
430 055 —511
92.ol6.w92j r i ' «

033,279.599
68,609,7.14*
0 2,418.895
57.239.8 *5
27.911,57
27.083.9 9
23.157.066
25...92,135
8 099,103
3.819.21
992.243.25 4

692.07P.240
03.7 '4,944
59,702.109
02.423,001
2<*,a65.2l7
28.491,774
25.091.457
20.009.730
7 /7 9 ,9 0 4
3.554 144
993,2 2 .1 .5

-1 3
+7*5
+4*5
—8 2

—V*1

-4 -y
*96
+25*3
+ 40*4
+74
—0 4

19
»
22

F a ll R iv e r.........
L o w e ll............ .
N ew B e d fo rd ...
T o ta l New Bog.

0
L
23
122,376.023

C h icag o.............
C in c in n a ti........
D e tr o i t.....................
C le v e la n d ..............
M ilw au k e e............
C o lu m b u s .............
I n d ia n a p o li s ....... .
P e o r ia ....................
T o le d o .................... .
G ran d R ap id s ...
Day to D ....................
L e x in g to n ..............
K ala m azo o .............
A k r o n ......................
B ay C ity .................
R o c k fo rd ................
S p rin g fie ld , O h io ..
C a n to n ....... • • • • ■ !
T o t M id. W e st’r

72.500.891
10.22l.H5o
4,958.004
5,154,810
3 /2 0 .5 4 5
3, 00 700
1.807.007
1.400.359
1.252,058
073,120
470.439
275,262
238 505
258 200
150,000
162.080
139 241
1 2 7 .9 '2
100/30 167

0
•i
3
0
3
U
5
8
1
l
1
4
0
0
*
2
,
5
0
130 159,210

W il m in g t o n .........
B in g h a m to n . ...
T o t a l M i d d l e .. .
B o s t o n ..................

P ro v id e n c e .......
H a r tf o r d ............
N ew H a v e n ...........
S p rin g fie ld ........
W o rc e ste r..........
P o r t l a n d ..............

S an F ra n c isc o ..
S a lt L a k e C ity ..
P o r tla n d ............
Los A n g e le s ....
H e l e n a . . . ..........
T a c o m a ..............
S e a t tle ...............
S p o k a n e .............
F a rg o ...................
S io u x F alls —
T o ta l P acific —

S t. L o u is ..................
New O rle a n s ..........

H a m ilto n ..
To*

61,033.109
3M4H 277
5,647.700
7.7*0/45

61,1-89
3^,724.418
5,402,33.1
0.040,451
8 0 1 09-*| __ 3 /2 4 ,8 3 1
r a 10M O 3
100.515.

—5*7
527,868 C10
-1 * 7
3 4 / . O '1 /6 1
+ 1*0
0 1 / 3 ,, 2 0 0
+ 105
O i , l |n 4 i r t
-5 * 4 1
H 4 ,7 6 3 /0 5
' 0 l.n*21 <*27 <70

t * b l « «»t e l e a r i u g a b y t e l e g r a p h

581,107,290
b o H / 34,04 4
0 > /,H .ft2 *
6 5 ,8 -4 ,3 (0
3 4 ,2 7 7 /1 8
1. 42 4 iO * 2

s e e P a g e (4 7 .

-9 * 6
+10*8
+ 0*4
+14-8
-1 * 5
-1 * 3

M o n tr e a l............
T o r o n to

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

H a ll f ............. ..
W ln n ti/ c ..............

H a m i l t o n ................

S t. J o h n * ............
1’O ta C a ia d a .

)o

11
>5

iS
75

5
2
0

12 008.338
l.n lfi.8 0 1
1,290,083
765.398
476 808

i

,
*
)
4
8

soo.ouo

37&.000
636 9 -0
80.000
50 000
17,653.384
9 ,4 0 8 /0 0
0,700,1*3
3.690 353
3.004,084
2.090.111
44 7,228
1,209,108
927,876
344.149
351.240
293,202
3 5 f .000
<57 0+0
* 0,000
29,808.735

20.030.2 41
l
1
1
1,251,07
1.550.00'
003.01.
579.0U

1395.

1894.

-1 8
-3 6 *
-1 9
-1 9 J
—13*
-2 0 *
-3 0
-22*
—2*
—31*1
-2 2 *
—20*1

503,487.193
7 3 .236.3-1
12,309,104
17,243.402
3 .8 4 7 /5 9
1.899.821
1,842,017
1,031,0V 8
69 7 63?
701.703
374,300
0 7 6 /3 3 ,8 1 3

540.988.0C2
07,800,003
12 297,012
16/0 1 ,9 3 8
3 /0 9 ,0 4 3
1,010,190
!.608,906
1,187,501
099,672
749 806
887.500
040,768,397

-7 * '
-2 0
-2 5
-2 5 «
—15*
+8:
—JO <
+Sfc
0
+33*4
—8*fc

98,833,348
5 / 5 8 8U0
3,739 703
1.681.700
1.726,039
1.435.811
1.350.0(0
981,450
691,477
613,097
110,717.083

111,254,262
5 /7 8 ,0 0 0
3.679.870
1,038,173
1,8:1 091
1.169,380
1,402.572
972,823
040,076
4 8 2 /0 9
129,273,207

-2 0
-1 2 e
-2 0 i
—13‘(
-1 1 * 7
+17
—10*(
—8*(
-1 2
—iW 9
-2 0 1
-2 ? 9
—14*2
10 2
—22 2

88,125 331
13 385 450
0 163.422
5.622,829
4 /0 0 .8 7 4
3.352 500
l,2 4 n ,D 0
1,703.807

88,023,278
13.J80.6C0
0.078,281
4.193,074

P . Cent

95.372 422
6 ,3 3 7 /0 0
2.8 2,402
1 3 1 8 /3 ?
1,4X2,009
1/30,01*3
1 ,3 -0 075
1,132,114
008,425
830 / 3 2
111.053,779

R o c h e ste r............
S y ra c u s e ..............
S c r a n t o n . . . . .......

d t. L o u is .......
112,9)4,378 10V»,< 1 1 / 5 I + 3 ’t 1.168.6 2,359 1,214.313.053 - 0 9
L o u isv ille ...............
52.249.917
5B.287.043 “ 10
N e w O r l e a n s ..
G a lv e sto n ................
460,550.010
487,948.181 -4 * 1
21,60 (.473
L o u i s v i l l e ^ .. ..
2 7 /6 1 ,9 2 2 ) +1*3
2 - 0 .3 a 7 /4 3 |
311.480. I*J9 -9*0 H o u s to n ..................
16 9 3 9 / 0 0 1 14.84 ».6i0| +16 7
G a l v e s t o n ........
1+S.775,"07 -3*5 S a v a n n a h ..............
181.051,319
I4.404.w li
U /U 8 .2 **
H o u s t o n ..........
147,417,275 - 2*6 R ic h m o n d .... .. .
1 <1,2 >2,5*10
13.441 Mir.
Savannah.
1 4 /2 * 701 —3*9
> 2 5.404/24
>24.105.242 + 1*1 M em p h is.................
11 005.435 f 15
1 1 /3 0 ,2 * 8
A tla n ta .......... . .. .
R lo h m o n d . . . .
1 14,378,912
121.900,869 - . * 2
11.0 3.666
+2*9
10,708 Hi
M e m p h is ..___
1 *4/91.275
9 0 ,1 3 7 / *3 +8*9 D allas.......................
7.506,547
7.101.75 i — 1*5
A t l a n t a ........
09,020,011
0 >.31+.25 5 + ■*•? N a s h v ille ...............
7
.703.i.
19
+19
2
6,409,126
D a lla s . . . .
6 0 / 6 1 . .s8
*>4.595.52 2 + 2 6 N o rfo lk . .................
4 7 i8 940
N a s h v ille . .
+ 1*4
4 634 &4
48 747,72* +1*3 W a co .....................
49.394. 51
4,050 272
9-7
5 .1 4 //5 3
F o rt W o r th ..........
>0,701.20 4 - 0 * 9
N o r f o l* ............
5> t3o7.4ln
4,100.595 +2+S
6.368,098
42,048.51 6
W a c o .................
A u g u s ta ..............
40.407.604
8 l
3,527.047
3, 0,4 0? + l7*3
F o rt. W o r t h . . .
3.1,306.837
86,091.530 -9 * 2
B ir m in g h a m ... ..
4.150,30-*
A u g u s t a ...........
8,49 -.630 + 18*8
31.307.748 + 2 i* 8
3*i.l43,3il)
K n o x v ille ................
•5*2
1,944,319
20.09^,804
2.054.428
2 ,04 4.293 +3*2 L i ttl e H o ck ...........
B i r m in g h a m .
+
82*2
2.02
,099
l
,421,235
10.4 72.6+1
L i t t l e R o c k . ..
17,202.706 —i r
J a c k s o n v ille ..
1.0 8 1 8 l7
13 935,409
1,2 3.510 -1«>*1
16.207,2 6 —13*7 C h a tta n o o g a .
J a c k s o n v i l l e ..
l , 110 m u
1 .1 4 2 /0 1 - 0 2
C h a t ta n o o g a ..
1 2 .218.811'
14.941.1
T o ta l S o u th e rn
T o t a l S o u t h . 30*.70n/» 4j 301,01 v «
- H 'l'l 2, '2 l :».sl.?ul 3 .6 .4 1 /8 1 .1 5 —* T o ta l a l l ..............
T o ta l a ll
4/07.6 41 20715,075 37s.H I —7 2 6 1 ,i7 6 . fti.77.1 63.2+2 278. 27 —4-.,
O u ts id e N. York
Outside N. Y. 2.O.,1.002.K 8 2,i0 '484.:-97, - & 3 / . 3 0 « ITO .Tli *23. J 40,431,0* M —4 8
M o n tr e a l. . . .
T o r o n t o ..........
H a l i f a x .........
W in n ip e g ........

I

1898.
S9
*8
75
15
24
02
11
50
39
77
00
30
707,929,230

+/*>

— u 'd

1897.
525,331.400
52,575.167
12.181,487
12,59 7,525
3,311,175
1 ,3 4 0 /0 4
1,280,0 *0
812,420
858,790
0uO,3O2
259.5U0
011,114,698

N e w T o r s ... . .
P h i l a d e l p h i a .........
P i t t s b u r g ..............
B a ltim o r e ........
B u f f a lo ...................
W a s h in g to n ....

K a n s a s C ity .........
M in n e a p o lis ...........
O m a h a .....................
52 ,871,412 —3*3 8 t. P a u l...................
37?,*95.344 +5*4 D e n v e r ....................
D a v e n p o rt..............
191.101.192 + 9 -9
222,312.186 +2*9 9 t. J o se p h ...........
1 8 0 / 2 2,036 —12 0 D es M o lu e s.............
S
io u x C ity ..............
09.806.0 9 —il* l
5 8 .0
5.268 — V"L in c o ln ....................
28.009.143 11*0 W ic h ita ...................
18.370 419 —15*1 T o p e k a .....................
22.2*4.111 -10*5 F r e m o n t..................
2 2 ,7 7 8 /0 4 -7 * 0 H a s tin g s .................
3 2 5 L 0 ?0 - 3 4
T o t. o th e r W e st

60.0-39,200
17.08 >310 +0*3
5 0 3 .7 9 3 /1 3
41.833 4-60 —0 6
41.010,512
3W2.V*0t,0 7 |
1 9 , '8 6 / 2 9 —11*7
17.128.41/
210.141.328
543.0 *►,503 —13*8
20,341,402
228.875,113
12 .4 5 0 .1 0 2 ,-1 0 -8
11.104,187
121,508,0 10
6.714/8-4
6.14 1,00 4 + «*3
0 i,1 4 8 ,2 * l
4,43 4,074 + H 'l
4,0-24,409
49.588,518
2.2 41/35
2.912 24 2,— 33 0
2 4,995,80C
1.942 80d| -7*5
1.74*7,548
1 6 /9 8 ,0 4
2.133.8 *4* —32 +
1.431,494
19.917.179
2.164,03-4 +12*0
2.423.-143
2 1,1*8,560
275.207' t-ib*l
I
3,110.7-10
3*0 430
3* *.825 —0‘6
3.414.371
3.MP2 f»72
1OO.4O0.8.7 1 104,753.6.4 —2*« 1,075.41^,0^0 1 .0 07,82/, 010

NO. 1,646.

3 /1 6 .7 4 3

3.621,800
1.419,621
1 .6 0 6 .8 (0

870,121

860,087

443
—24 2
-1 7 * 9

51

330,219
246,026
191,223
314,090
177,041
2 0 9 /0 4
181,145
120.082 801

482,612
216,000
160,104
298,379
148,433
220,300
140,684
126,264,520

—10 2
—17 2
-5 2
—33 9
-2 3 9
37*2
—11*8
+10 0
-0 1 9
-2 4 4
— 12*0

11,227.884
1 / 0 5 .8 ' 0
1 860.000
1.143,051
001,742
398,084
3 9 8 /4 3
336,532
183.431
53 309
17,170.110

11,899,007
1,073,671
1.800.000
1 ,0 0 0 /1 4
306,107
602,938
030,144
360,000
135.C00
133,060
17,230,067

-3 * 3
-7 * 0
—16 3
-8 7
—27 0
-« 4 * 3
—12*1
+2 0
—40*0
—24 0
-2 3 * 2
—23*9
+ 17 9
-7 * 9
-1 2 * 1

9,(2 1 .1 0 5
5 /7 4 ,0 6 4
3.8‘, 2 623
4.27+,767
2,335,737

8.737.326
0.274.539
4,434,158
3 248,279
2.470.000

1,513,045
1.089,798
564,974
01+.493
514 292
525,730
74,9*7
08,3*0
3<*.923,03l

1,498.109
1.027,224
771,287
701,583
461,337
440,590
89 147
70,000
30.719.543

2 7 .3 0 1 8 1 4
13.308.280
C.4< 1 6 4 3
3,308,437
3 /8 2 ,8 4 4
* 4 42 410
2 ,7 8 3 /5 0
1,8 0.269
1.429,276
1.079.51-3
1,3*7,787
98 ',696
0O5,0:i5
700 COO
400,68*
3 0 8 /5 4

84,412,770
1 3 ,0 6 9 /3 9
0,410,048
2,964,207
2,791.400
2 .2 1 0 /7 6
2,700,000
1,970,€01
1.408,781
1.021,243
1,099,087
281,444
060,000
700,000

02.967,242

—8 7
— 1*0
-1 2 * 0
-1 4 2
— 10 8
—1 1 5
—27*2
-24*1
—21*0
+ 11 7
-24*1
— 12 2
+24*0
—i I *3
+77 8
-2 0 0
-2 1 0
-8 0
—23*9
—42 8
-9*5

934.026.785 1.137.058,145

—17*9

492.585,850

-1 7 * 6

473.015,068

4 7 1 .708,330

9,762,628
8 / 9 5 007
1 .2 4 4 /2 8
1.25 1.537
793.320

—2*7
—27 0
—8*7
+ * '3
-9*3

8 8 3 9 /0 4
0.794 003
1 ,1 4 4 /2 1
1,23 <.458
783,763

9 325.343
0,179,499
1 290..' 57
1,116.800
850.960

—l x "

1+.7 94 ROD

21,352,016
11,637.061
5,294,313
2.400.000
2.401,328
2 247,408
1,074 131
1.710,524
1.COP.920
1.300.0 0
874.348
806/03
780.309
60>: 000
790/76
301,490
339.010
3 41.220
213 47?
176.000
5 0 / 0 9 024

9 .5 0.000
a. 182.258
1.130 498
1 ,35+ 819
719 437
600.000
m 84+002

" N o t In c lu d e d In t o t a l s .

2,092,491

9 1 .4 4 1 /7 0

370 20fl
401.807
2 0 0 .0 .0
07,775,12;

337,490
409 406
8 1 0 /7 5
0 3,464,492

1.012 691.838
t0 3 rt.60f, ,lf ll 1,<

18 777.10

THE CHRONICLE.
THE F I N A N C I A L S IT UA T IO N.
Tb« public mu d has been freed thii » « k in Urge
m«*iare from i source of AQiirtj whioh bee caused ir­
ritation ever since aarly in December. We refer to the
ciirem iunce that tbe evidence fetors the belief that
tboae members of the Senate who hare heretofore been
instrumental in exciting a fesr of war with Spain hate
lost, in good part, their power for doing harm. It
hM been stated that the Cameron resolution is not to
be pushed further, opinion hating so far changed in
the Senate that it could not pass that body now even
if it was brought to a tote. Yet in face of this belief
it appears that more tiresome epoeohes are in prospect.
We notice, too, that the animus of this Caban agitation
has neoomo farther erideat, another of the silver Sena­
tor* hating on Thurtdoy offered some more resolutions
on the subject. This time it was Mr. Mills of Texas,
a member of the Committee on Foreign Relations.
0 is reeolalioos differ materially from Mr. Cameron’s,
the change probably b ing made to contravene or get
the better of Secretary Olney’s position. The second
of these resolutions, after stating that the indepen­
dence of the republic of Cuba ought to be and hereby
is recognised, appropriates “ the sum of 110,000 for
oaUry and expenses of a minister to that Government
whenever such minister shall be appointed by the
President." Mr. Mills’s thought probably is that Con­
gress having «s'.ablished an offioe and provided the
money to pay the officer, the President is obliged to
fill the office. The Senator in offering his resolutions
proposed to speak upon them yesterday. As the Sen­
ate subsequently adjourned until Monday the speech
had to be deferred. The chief prerogative of Senators
is to make addresses with the frequency and length on
all subjects that each member may desire and wills to
do. So long os that continues to be the rule the pub­
lic mill hove to endure the infliction. At the same
time it is consoling to know that the Silver Senators
h«Te for this session at least worked the Cuban affair
until its possible yield is talk, bat nothing else.
Prominence baa been given this week to the situ­
ation of the print cloth manufacturers by the re­
ports published with reference to some action
about to be taken for the purpose of relieving
tbe market from the burden of the largo stocks
of clothe now being carried. We have several times
referred to this feature at length. The extent of
the accumulation is phenomenal and is a direct re­
sult of the silver agitation. What is of more interest
perhaps is, that it shows the silver agitation to
hav« tx-eo in large measure responsible f >r tbe severe
decline in raw cotton duriog the lost fow months.
It will be remembered that we called the atten­
tion of tbe Sooth to this latter feature months
ago, warning planters that their course inadvocsting
free silver would depress price and esuse that section
large looser. II id it not been for the influence the
ootton States lent to the proposal it would never have
gained any prominence; in that case the consumption of
cotton goods world not hare been arrested in America,
an i the American trade with foreign oountries would
have alio been active and havo itimulated
the consumption of cotton in Europe too. It
it not often that people’s errors under the
uws of trade are folio red «o quickly and plainly with
the recalling penalties. la September 1895 the stocks
of print cloths were merely nominal, less than 200,000
piecw; now they are 2.198,000 pieoei. We see it

fVOL. LX IV.

reported that a suggestion Has been made at Fall River
to run only four days a week, and at the Bame time to
put a considerable portion of the current stock in the
hands of trustees to hold until 64x64a can be sold at
2} cents. Another proposal has been to dispose of a
large part of the stock in Europe at any price the
goods would fetch. This latter course has nothing to
recommend it. It wopld be much like putting the
load on the other shoulder. Such a stock would be a
burden, whether held here or in Liverpool, and if sold
in Europe would depress foreign markets as well as
our home markets. There can be no natural way out
of this difficulty oxcept through a decrease in the pro­
duction of goods.
The reduction in the dividend on the stock of the
Delaware & Hudson Canal Company from 7 per cent
per annum to 5 per cent cannot be treated the same as
an ordinary dividend reduction. We have passed
through a long term of business depression in which
the revenues of our transportation companies have
been very much reduced, miking it necissary in many
cases to draw upon accumulated surplus to maintain
the old rate of distribution. This ha3 led to some
criticism of this policy in the newspapers, and latterly
it has become quite tho fashion to dsclaim agaiaat all
dividends which could not be shown to have been
fully earned in tbe year against which they were
charged, such dividends being indiscriminately termed
“ unearned dividends.” Railroal managers are of
course sensitive to criticism) of this nature, and there
is danger that they may in consequence be led iu some
instances into action whioh is not wholly ooesorvative.
We say not conservative, for there m ay be a lack of
conservatism in unwisely redacing dividends as wall as
in paying them when they are not justified. It all
depends upon the circnmstanoes of the cue. No in­
telligent person would for a moment a rgue in favor of
the making of dividends when there was not a revenue
fund of some kind, past or present, out of whioh to
pay them. But if in prosperous years a company
has refrained from giving stockholders the full
amount earned, there seems no reason incon­
sistent with sound business policy why the surplus
so set aside may not be drawa on to mike up a tem­
porary deficiency in a poor year. Ic should also be re­
membered that the failure of a company to earn its
usual dividend in a twelvemoath of suoh abaormal de­
pression in trade as the last, argues nothing as to its
permanent earning capacity.
In the Delaware & Hudson case we have not all the
facts needed to form a definite opinion. No figures
regarding the year’s results are to be givei out in ad­
vance of the publication of the company’s annual
statement on January 27. But if there has been any
considerable shortage in the amount needed for the
dividend, it will be the first year that this has hap­
pened ; the year 1895 was not a good one either, but
according to the annual report for that year the com­
pany earned only a small fraction less than the 7
psr cant distributed. Moreover, the property has in
receut periods frequently earned as much as 10 percent
while giving sharenolders only 7 psr oeat. Again, the
company ha3 an accumulated surplus of over seven
million dollars, and it has always bee l ths pri la of the
management that this was a real, tangible surpluc—not
a mere fiction. It seems to be a fact, too, that the
general b.slief has been th at there would 0 i no hesita­
tion to use this fund, if necessary, to tide the company
over temporary periods of depression, and that invest-

J anuary 9. tofe7,J

THE CHRONICLE.

55

— yovember Eaminos.—
©rs tavd bougnt the stock: at high prices on that idea.
1696.
1895.
1894.
1893.
Furthermore, the company has beea steadily strength­ 8 ame of Road—
f
*
1
$
495.620
555,274
528,714
Baltimore
&
Ohio
Soathvr.
.Gross
518,334
ening its position by retiring its bond issues as they
1 1 1 .2 )7
Net
173.239
184.948
182,155
1 ,°51,590
1,148.621
1,279,681
1 .1 7 4 .5 6 8
matured, and replacing them with stock, so that now it Central of New Jersey. ... .Gross
Nat
501,157
o 6 \H 4
39 >,630
4 7 9 ,3 97
609,750
Dearer
&
Rio
Grande.......
.Gross
706.6
i4
65
2.U
3
637 ,6 08
has a funded debt of only $5,000,000, against $35,000,000
Net
218.403
313.879
215 0 ’4
2 3 7 ,9 70
1 5 ' 815
162.3 ’-7
110,112
1 5 5 ,4 02
of stock. Finally, if current indications can be relied Georgia ............................. .Gross
69,444
84.023
Net
. 77, ■'32
8 8 .7 3 3
Kan.
City
Ft.
Scott
&
Mecn
3*5.79
4
.Gross 38 !.97l
42 3.301
on, we are on the eve of a great improvement in busi­
412.833
122.163
Net
123,012
139,255
141,787
ness, so that whatever the results for 1896 those for tan. City Mem. & Birm....
120.412
116,270
109.258
1 1 7 ,0 6 5
41,260
40,121
35,821
Net
4 1 ,803
1897 promise to be much better. Altogether it would Louisville & Nashville..... .Gross 1.741,812 1.87,8 5 jo 1.705 030 1 ,7 3 4 ,1 1 8
6 LI.088
721.9 17
Net
756,042
75 3 ,3 93
appear that there were strong arguments in favor of Mexican Central................ .Gross 887,627
612,950
806,«40
699,473
2*0.601
290 244
297,561
291,070
continuing the old rate of payment, and it remains Mexican International...... Net
187,4 20
231,610
255.334
105,829
107,329
85.818
73,213
81,689
Net
for the future to determine whether the action of Mexican National.......... .. .Gross
474.515
392.432
371.670
3 3 3 ,0 8 0
1 7 3 ,'9 0
Net
239.616
185.935
1 3 8 ,8 7 3
the board in making a reduction was not more Rio Grande Western......... .Gross 216.291
188.500
2 3 \4 3 5
195 ,5 01
Net
60 429
73,187
110 936
8 0 ,073
radical than the circumstances of the case called
63.445
569,496
St. Louis & San Fran.......... .Gross 527,929
557 297
Net
238,833
242.852
262.425
209.847
for.
165,010
186 592
179.303
163 ,8 51
Toledo & Ohio Central----- .Gross
55,638
48,101
Net
47,028
61.L31
Another noteworthy event this week has been the
Our
foreign
exchange
market
has
grown
firmer
announcement by the Attorney General of Pennsyl
vania that he has reached “ the conclusion, moso again. It continued easy on Monday but on the fol­
reluctantly, that the Commonwealth of Pennsylvania lowing day and on Wednesday it grew stronger in
can not now successfully attack the chartered rights response to a good demand. Bankers say that some of
of the Reading Company.” Tnis decision is important tbe long sterling which was bought for investment
as removing the last obstacle to the successful carrying early in November and which is now maturing has
out of the plan for the reorganization of the old been exchanged for new bills, thus extending the in­
Reading properties and also as confirming the vestment. The few long bills which are now running
opinion of learned counsel obtained by the R o r ­ to sight and which are being offered for sale are
ganization Committee. The legality of this old promptly absorbed and consequently the market
charter was of course a matter of considerable is but indifferently supplied. One reason for the
moment in the reorganization, and as showing re-investment of the proceeds of maturing long
the careful way in which the R organization Com - bills and for the extension of the investment for
mittee went ahead, we hear that before deciding to pro another period of sixty days or longer probably is that
ceed under the charter they consulted no less than money is likely to continue low in our market, while
twelve high legal authorities, all of whom agreed that discounts in London will probably rise, and indeed
the charter wa3 valid. It is well that the question has there has already this week been an advance in the
been raised and passed upon at this stage. We are in­ open market discount rate in London to 3^@3f per cent
per cent at the beginning of the year.
formed by the managers that their plans, which were from about
interrupted by the proceedings before the Attorney- Moreover the cable reports that a new Russian loan for
General, will now be speedily carried forward, and 600 millions of marks—$150,000,000— is being nego­
that the new securities will be issued inside of sixty tiated in Paris, and that this loan, if obtained soon
days.
after April, will be the prelude to the resumption of
It seems likely, too, that the question as to what ac specie payments by Russia. With this negotiation
tion Congress will take regarding the debt of thi- pending it is not surprising that the prospects for the
Pacific railroads will soon be settled. The funding maintenance of comparatively high discounts should be
bill has been under discussion in the House of Repre good. If so, that would naturally encourage continued
aentatives this week, and a vote on the bill is to be investment in long sterling.
taken next Monday. At the same time the announce
Tne amount of gold and of gold obligations received
ment comes from Washington that the Republican at the Sab-Treasury during the week for which legal
Senatorial “ steering” committee has decided that tenders were exchanged was $500,000. The net gold
when the Oklahoma Free Homestead bill shall have in the Treasury, officially reported from Washington
been disposed of the Pacific Railroad refund­ on Thursday of last week, was $136,716,473, while the
ing bill shall be made the unfinished business amount so reported to-day was $138,624,8L4.
and maintained as such until final action is had.
There is evidence this week of growiug ease in the
It looks probable therefore that some kind of a money market, resulting from the disbursements of
conclusion will be reached before long, though January dividends and interest, and this is shown in
just what that conclusion is to be it would be hazard­ the easier rates on call and in greater activity in
ous to predict, since there are so many political factors the time loan branch of the market and in a broader
involved in the problem. After a vote has been taken market for commercial paper. Money on call, repre­
in both houses, it will be possible to form a better idea senting bankers’ balances, loaned generally at 2 per
of the future of the properties and to decide what cent until Wednesday, when there were transactions at
steps to take to place them on their feet.
II, at I f and at 2 per cent, with the bulk of the business
Returns of railroad earnings for current weeks ap­ an the last-named rates. The average for the week
pear to be improving. For the fourth we^k of Decem­ has been at a fraction below 2 per cent. Banks and
ber our statement covering 57 roads shows 11-06 per trust companies quote 2 per cent as the minimum, and
cent gain over the same week in 1895. It is proper to it is reported that the larger banks have agreed to
say, however, that there was only one Sunday in that maintain 2 per cent as the uniform minimum rate, and
week in 1896 against two Sundays in the previous not, under any circumstances, to loan below that
year. The following is a four-year comparison of figure. Time loans have been mire freely offered
gross and net for November for a number of roads this week, and there is a desire among capitalists,
that have this week furnished their returns for that banks and other institutions to place their funds
month.
for four months or for longer periols. Quotations

T H E

68

3 p«r oeal .or tin y days to four in mins
ltd
pM Mot for five to six month* on good mixed
Stock Exchange collateral. Tnere it a broader market
for commercial paper and a fair amount it offering,
• Mae coming from the Hut, and four months' mill
paper ha* told at 3$ per cent. The demand ia quite
general among the bank* and other buyers, and rates
•re 3 )jH p*f cent for sixty to ninoty day endorsed
bills reeeirable, ttcMi for first class and 4$@5$ for
good four to six months’ single names.
The Bank of Kogland minimum rate of discount re
mains unchanged at 4 per oent. The cable reports dis
counts of sixty to ninety day bank bills in London 3$
per oent, an advance from 2 1516 on Saturday ;
the open market rate at Paris is 2 per cent, at Berlin it
is 3$ per oent and at Frankfort 3 f per cent. According
to our special cable from London the Bank of England
gained £359,193 bullion daring the week and held
£34,518,092 at the dose of the week. Our correspon­
dent further advises ns that the gain was due to the
export of £16,000 to the Argentine Republic, to re
coipts from the interior of Great Britain of £341,000
net and imports of £33,000, of which £22,000 were
from Portugal and £11,000 other Continental.
Foreign exchange, as already stated, has been firmer
and higher this week. The range for nominal rates on
Monday was 4 84 to 4 84i for sixty day and 4 87 to
4 87$ for sight. Rates for actual business were un­
changed, compared with the close on Thursday of last
week, for long and short sterling, while cable transfers
were one-quarter of a cent lower at 4 86J@4 87. The
tone was weak early in the day for short sterling as
well as for cables, bat later the former reacted. On
the following day nominal rates remained unchanged.
There was no change in those for actual business for
long sterling, but short sterling and cable transfers
were one-quarter of a cent higher at 4 86$@4 86f for
the former and 4 8?@4 87$ for the latter. On Wednes­
day Brown Bros, and Ileidelbioh, Ickelheimer & Go.
advanced their posted figares half a cent, making the
range for nominal rates 4 84$ to 4 85 for sixty day
and 4 87$ to 4 8 8 for sight. Rites for actual business
were advanced one quarter of a cent all around to
4 «4<34 84$ for long, 4 86}@4 87 for short and 4 87$@
4 87$ for cable transfers. On Thursday Browa Bros,
advanced the short rate, while Lizird Freres moved
both long and short upward half a cent, bat these
changes made no alteration in the range, which stood
as on the previous day. Rites for actual business in
long sterling remained unchanged, while those for
short sterling and cable transfers were one quarter of a
cent higher at 4 87@4 87$ for the former and 4 87$@
4 87$ for the latter, and the market closed dull but
firm. Yesterday there was no change in either actual
or nominal quotation*, the market closing steady. Tne
following table shows the daily posted rates for exchange
bv some of the leading drawers.
oult

povrmn

i i t s s worn

rom sio*

sicm am os .

Tn«*..

Wti>„

97

*7*
so*
"7H

T men..

Fill..
Jan. ft. J a n . 6 J a n . 7. Jan.
8.
H
84%
j *k
***
*7*

*74-8
84 U

•ft
•87**
**

84*
*•*
0$
k8

*7H

*44

87iJ
*41*
•OK
83
*8

•ft
**

S3

[V ol . LX1V.

( H R O N U L E

H*

S4K
*7*

n

is
SOS
•4 .
*7*
«C
15
8»
'•K

Tne inancet closed steady on Friday at 4 84$@4 85 for
•ixty-day and 4 87$@4 88 for sight. Rites for actual
cusines* were 4 84@4 84$ for long, 4 87@4 87$ for
ihort and 4 87$34 87$ for cable transfers; prime com­
mercial 4 83$ 3 4 83$ and docamentary 4 82$@4 83$.
The following statement gives the week's movements
jf money to and from the Interior by the New York
banks.
R e ceived by S h ip p e d b y
s . r . B o m u . N . F . B anks.

I F f M t n i J a n . R, 1817.

••o ld

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

T o ta l t o l d a n d lo * * l l a n d e r s ........

iVit I n te r io r
M o ve m e n t.

$ 7 ,7 6 4 ,0 0 0 , $ 3 ,4 8 4 ,0 0 0 G a in .$ 4 ,2 8 0 .0 0 0
1 ,2 8 2 ,0 0 0 |
3 3 3 .0 0 0 G a in .
8 6 9 ,0 0 0
* 8 ,0 0 6 .0 0 0

$ 3 ,8 1 7 ,0 0 0 Galo.S.*), 1 7 9 ,0 0 0

With the Sub-Treasury operations the remit is as
follows.
■Vm A Krw!l-.„ J a n . S. 18*7.

I n to
B anks.

'* «ufcs‘ ln ta r t o r m o v e m e n t,* * s h o r e
R ib - T r e a s u r y o p s r a t l o n s .....................

$ 8 ,9 9 0 ,0 0 0
1 6 .7 0 0 .0 0 0

O ut of
B anks.

V«t C h a n y* 4n
II i » k H o ld in g s.

$ 3 ,8 1 7 ,0 0 0 G s ln $ 5 ,1 7 9 ,0 0 0
1 3 ,3 0 0 ,0 0 0 G a in . 3 ,4 0 0 ,0 0 0

T o t a l f o l d a n d l e g a l t e n d e r s . . . . $ 2 5 ,6 9 6 ,0 0 0 $ 1 7 ,1 1 7 ,0 0 0 O a ln .$ 8 ,5 7 9 ,0 0 0

Amount of bullion in principal European banks.
J a n . 7 ,1 8 0 7 .

Bank of

■ a t la n d ..........
r r a n o s ..............
O e r m a n y . ..
f ta s t .- H a n t 'y
• s a i n ................
N e t h e r la n d s .
Ma t ,B e lg iu m .

J a n . 0. 18»«.

G old.

S ilv e r .

T o ta l.

G ild .

S ilv e r .

T o ta l.

£
84,513,002
76.838.6W0
20 821,700
30,214,000
8.528.000
2,684.000
2.674.667

£

£
34.518,092
125.379.3b7
40.220,050
42.788,000
18,669,000
9,490,000
4 027,000

£
45,541,811
77,373,870
29,116.190
24.I09.U00
8,004.000
3.517,000
2.756.333

£

£
45,531.811
126.706,603
43.457.000
37.060,000
16,104,000
10.348,000
4.133,000

40,044.707
13.407,850
12,574.000
10.141.000
6,866,000
1,342,833

49.332.723
14.340.8lo
12.660,000
10,100,00 m
6,831.00
1,377,667

t - U t n is w eek 181,734,010 03.366.480 •276,099,529 190,707.204 9 1 .6 4 2 2 0 0 286 349.404
1’ t.u r s T . w ’k i8 3 .,8 7 .« o e m .a s o .s a o 277.m m ism IRO.1'0
94,89ft. 14i»l 2 8 4.866,713

SOME REFLECTIONS SUGGESTED B Y THE
FAILURES OF 1896.
The least interesting work we have to do is reviewing
the year’s failures in a year when all business has been
greatly depressed. Under such circumstances it can­
not be a cheerful work and no encouraging inference
can be drawn from the tables. We say this is the case
in a year when business has been greatly depressed; in
a year of industrial activity and rising prices such a
review may of course become an exhilarating occupa­
tion. Insolvents are bred ia favorable business su r­
roundings, but they are not disclosed. It is a truism
to say that adversity ia a weeding process and trial is a
testof the strength and soundness of business methods:
until the trial comes the weakest and the strongest may
alike continue to exist togetner. Hence one may study
with some pleasure the results of a good year, for one
finds few disasters and therefore only added proof of
the prosperity the body of traders is enjoying.
All any one can suggest to softeu or toue down the
unfavorable inference the figures for 1896 leave is that
a bid record of this kind does not always presage but
It always precedes recovery.
L'quidation is often
a natural incident in the process of convalescence. As
it is apt to be darkest just b fore dawn, so the largest
total of failures and liabilities not infrequently fore­
shadows a new term of prosperity. There have been
only five years daring the last forty, that is begining
with 185 *, whoa the liabilities have boon larger than
they have been in 1896. It will be of interest perhaps
to observe the figures at thos' periods, and we conseq u e n tly

p r e s e n t th p m .
H.DRK8.-------- .

A mount of
Tear.

Xu other.

1 8 0 0 ... . . . 15,088
1 8 9 3 ... . . . . 15.242
1884 .
.1 0 ,9 6 8

liabilities.

8220,090,83-1
340,779,889
220,343,427

A mount of

Fear.

Number.

1 8 7 8 ... . . . . 10,478
1 8 7 3 ...
1857 ...

liabilities.

$234,383,139
228,499,900
291,750,000

Ja n u ar y 9, 1897.]

THE CHRONICLE.

67

Of course as to the number of failures there has been suffering so severely. Until our legislators have placed
only one year (1893) when the number w is larger than the country beyond the power a mere rumor that a
In 1896. That, though, is not a point in the foregoing dicker with silver is in progress now has to send a
of much significance. The number of traders included chill through the entire industrial organization—until
must be always increasing as population increases, and our legislators have done that, the country can never
hence the number of disasters might be much larger again enjoy full prosperity. Whatever of business
and yet not represent any larger percentage of the activity comes before that is secured must be made up
whole. Besides that, the work of gathering the returns of short cycles, fitful in character.
Auother interesting feature of Dun’s statement of
is far more thoroughly done now than it used to be. We
might almost say that the machinery improves in ef failures and a veiy obvious peculiarity is the increase
ficiency every succeeding year. Remembering this and in number and liabilities the last half of 1896, al­
remembering also that the lack of completeness, so far though the results during the first half of the year
as it existed at any time, would always be in overlook­ were large and although there was no panic anywhere.
ing the vast number of small traders dropping out of This feature also further illustrates the na'ure of the
the ranks, we see that the variation in number of dis­ business dislocation and the nature of the industrial
situation. Mr. Depew said in an interview last week
asters given is not of itself especially important.
Studying the liabilities it will be noted that the earl that the country was never before so nearly on a cash
lest of the six years included in the above was long basis. That statement is particularly true of the East­
ago in 1857, and that the total liabilities was at that ern and Middle States and in considerable measure is
date the largest of any in R. G. Dan & Company’s com true also of the other sections of the country. Comp­
pilations except in 1893. What did they foreshadow troller Fitch of New York City is reported to have
at that time? Starting with the following year (1858) stated that receipts for taxes the last three months of
we find that in that year a cycle of small failures and 1896 were larger than they had ever before been in the
of prosperity began which was only temporarily inter­ same three months within the history of the city.
rupted during 1861 by the breaking out of the war The point we wish to enforce is that the long depres­
with the South; in 1862 these favorable tendencies re­ sion and ever present possibility of a catastrophe
acted again and continued with moderate variations (through a change in our currency basis) has led to
until the crisis of 1873. Passing, for the time being, the payment of obligations and to a curtailment in
the 1873 crisis, we reach next 1878, which year, as all operations until business houses have out very few
our readers remember, marked the end of the liquida notes ; furthermore, that there is an abundance of idle
tion that began in 1873. Here again the conditions capital, but that the people would rather get their
that followed were very similar to tho39 which arose in affairs into snug shape, keep a large balance, than to
1858 and prevailed in subsequent years. That is to put the money out of sight. Mercantile failures have
say, in 1879 as in 1858 a term of decided prosperity and occurred consequently not at all because business was
very limited failures began, which continued until extended, bat they are rather evidence of an opposite
the last half of 1883; then there was a temporary set condition, the existence of a kind of dry rot which a
back followed by renewed prosperity, but of a more cessation in business operations has produced and is
fitful character, and by moderately large failures until developing. Not only the weak, the financially un­
1893, when the present depression assumed its more sound, but those who have always conducted their
serious phase.
affairs conservatively, are subject to infection now.
We do not propose to speak here at any length in
That this state of affairs should have produced a
explanation of the nature of these crises and of the large crop of disasters during the period since the first
inferences to be drawn therefrom. To understand the of July is likewise reasonable. As we said a week ago,
lesson they inculcate it would be necess try to review a sudden decided check to industrial operations, such
the facts which made 1873 and the liquidation that as happened at about the opening of the current fiscal
followed (lasting until 1879) exceptional; it would year following months and in fact years of contracted
likewise be needful to inquire into the reasons why the business, and followed by four months of a stoppage
buoyancy which began in 1879 and was checked in seldom if ever equaled in completeness and severity for
1883 and 1884 was never thereafter wholly regained, that length of time, must have proved a very trying
and why the failures, that were large in 1883 and teat of endurance to all traders. The'concern that has
continued to be so conspicuous a feature in 1884, have only a limited supply of quick assets, the rest being
never returned to their normal proportions but have inconvertible, could not of course stand against the
been large to the present day, the destructive work of strain such conditions produce. Nor could many
the disorder breaking out with re enforced virulence others, who were conducting business in sections
in 1893. If examined critically, the conditions ruling where little or no relief has followed the election, or
in and following 1857 and 1878 will be found to have where there has been the added embarrassment of
points of marked similarity, and again those of 1873 and banks failing and locking up balances small and large.
1893 will be seen also to have features common to both. It is no surprise then to find an unusual number of
Note also that the crisis which culminated ia 1873 was failures with a corresponding aggregate of liabilities a
a currency derangement and was only cured by the continuing feature of the laBt six months of 1896. That
establishment of gold payments January 1 1879. Time is just what should be expected. The disasters do not
will likewise prove that only through a like method— prove at all widespread insolvency ; they are simply a
the removal of the unsoundness left in our currency record of the results of the extreme depression the dis­
system in 1879 and the reinstatement of monetary credit that has prevailed has produced, and again point
affairs upon a gold standard pure and simple—can the us to the cause of this discredit and therefore to the
country be given complete rest from the influences relief now demanded.
at work, which developed first the crisis in 1883 and
We subjoin the following exhibit. It is made up
1884, produced another set back in 1887 and again from R. G. Dun & Company’s compilations and gives
caused the break-up in 1893, from which we are still the figures of failures, both number and liabilities,

58

THE CHRONICLE.

[Vox*. LXJV.

ence certainly has shown that the courts in such oasee
will act with great circumspection, but it has also
shown, as evidenced by the present case, that they will
not hesitate to exercise their independent judgment
when they think the occasion calls for it.
d ir
v t ilt lb # fM p p if
The merits of the application in this instance are
r* K
#*g$
**j-*"mi $**
tw«L
not
entirely clear. There are tome exceptional fea­
■
Ss.SWM**® SM.tt*!,* 5 ISW.MMS* tures about it, leaving considerable room for differ­
*49 ,4.54* tX
JUfc-A’ ****
*,TW
8,7.8
IS.I9I
PWIMI $
I4t.ll-.XJT
l*> ;.M;
ences of opinion. Under the circumstances it is not
|M - ^
*H
ta n s
».wv
1XJ*»
P « s « 1f>;»
iM m * •
9 * L ,w * m sat v e t t t i M t i . i M * i m **.»m u w . w .ase so very surprising that the Court should not have
15
4U>14
9m *& w 1
m $?
taken quite the same view of the matter as the Com­
ite m i - • ,,« !
»$u\
»sm»
w .n * jm
ni»
u*t
t»JT
10.JH
mission. The road is not an important one ia any
P &*.%«# 1 »*.Y4
$j#»
r - | |.« * * s , t s » * 3 M U .* » S SIUM S.1ST
JU*s«. «*•
*».***
sense of the word. It is known as the Long L vke R di­
t.3
t.u i
8,141
i t ,* ; a
B m » t# f } H 9 L
M *1
i•
* > i 8 i . l w SJS.IIil.SlT H -S .-rS *158
road, and it proposes to build a road from Axtou, Frank­
>«i
tin s
*.**•
ttjW 7
*«#»»J*
U *ia a h *
$;t ,*mm« i l*M * * |« t s » .m,0t IS9.OST.HI ltS4,««.f> 8i lin County, in the Adirondack forest, southerly about
,xt
8.O0S
10,8-3
WmAm i*mw
*****
%
sw.tft.vo »»V*8.H» *118.781.’ST 10 miles to Long Lake. The application was op­
t * l * a rit**
»*:
IW *
f.M
l
I.ISV
10.17V
#M$M»>$f(litK* M$#
MU
posed by the New York Central and by certain
lll.S M |! S 0 t.MO |1«!.M!1>.V73
*»
$**,**$£&
1.W
a.T
-t
#,«w
parties seeking to protect the State forest preserve,
Ifaatt**.. t-PuPf
.-1.144
TOT S18T.W0.9H
!-*:• •-«*#
*»M #i.m »» lv?< - |
though not by the Forest Preserve Commission. Ttiere
u ses
« ,« #
»,83i
i m
Lf 1
**#
H 8 .ie t .9 ts S U 4 .8 U .tlS was some question whether the policy of the State in
$a$.$#t.?$» $it,m 2S *
S.118
*,400
10,837
tft*3, itii
M#®
ui*- ?*>«*
$$Ai«i.fttt m«tjM *».*74,301 »E,.«tS,ST» I1S1.W0.S21 aiming to preserve the Adirondack forests called for
t.s ie
8,i i s
jo.oea
mmds*** 1 HH4. 9JS9*
s flA
fjftteais** ..
$6UKO$4 $86*4 M l *IS 121.324 *738.3,3,427 the exclusion of the road; also whether the line would
3.741
tJ M
have ' 0 cross lands owned by the State; and further­
ftKRb»**. -1HSUS. fj#*i
JJ8s $
U*-~ tm *
$ T \S T J.$ tt
$$t*©7f,S*4 $5*,6-2.254 11: 2,874,172
more, there was some question whether the promoters
p s Si 1«T . t **-*»5lL
f .i 2*
1,4T'>
I
1*841
6," S*
t„sa*
.4.5 71 $17.ttt,4M # | ! » 9 0 ^ S #S2.023,75i $101.547.564 were acting in all respects in entire good faith.
It was
I "S i
l.in
1,105
L '-:4
L®?-*
6*S8ss
project that land owners
!*«& {»)•«
m jv .tto
#i6.4W .8»6 $10,02.865 $36,0*6,929 $81,155,931 claimed in favor of the
. 1SSO .
J ,t t !
1*0*5
979
i S ‘9
4,196
would donate the right of way, but it was
?:* • u ,
«
: c : t | .1.11.6*9 $11,181,472 $V«.74».BI6 $65,762,000
$ a s l< ? I S ? # .
*,524
1Mi
1*7 W 1*8*8
*»®68
proved that this did not mean much since
t ...
. H ? t r : , ^ 172,6' 6,7*5 f 5,275,660 $17,094.113 P 8.H 8.0 5 8
these owners consisted merely of a lumber company
'
t - * r •,;*.!«* .
, » -. •
#4-753,940 $6f .378.363 $37,172,008 $234^83,182
and of two private individuals. An outsider gets the
impression that there was more or leas conflict as to
some of the facts, with the evidence not ab-olutely
L I M i l l M i 7H E C O N S T R U C T IO N O F N EW conclusive on either side. The Commissioners, how­
R OA D S.
ever, failed to convince the Court, or rather a
The Slate B srd of Railroad Commissioners has this majority of the
Judges sitting to hear the
week submits d its annual report to the Legislature, case, that the Board’s refusal to issue a certificate
and in it the Board renews its recommendation of the was based on adequate grounds, and hence the appeal
previoei year ttkiBg that Section 59 of the Railroad was decided in favor of the appellants. We say the
Law be amended so as to widen somewhat the Board’ s majority of the Court, because out of five judges who
ducrvtion in cases where application is made to it for heard the appeal three, namely Justices Parker, LaDdon
porruiiiion to build new roads. The proposition will and Putnam, voted in favor of reversal, while twoperhaps attract more attention than the similar recom- justices H-rrick and Merwin) voted in favor of sus­
nser-dation of last year because the Commission has taining the Commissioners, and filed a dissenting
ja ft been overruled by the Appellate Division of the opinion. The fact that the Court itself was divided
Supreme Court in a case where it had refused to oer demonstrates that the merits of the case are not easy
tify to the necessity for the construction of a new road. to determine.
We th tk the decision in the case referred to fur.
One result we may expect will follow from the de­
Bitbts to valid argument against the section of the cision. The Commissioners will see the necessity not
law Testir g the Board with power to prevent the con­ only of being convinced in their own minds of the
struction of unnecessary new road or against the wis­ soundness of their position but of presenting their
dom and propriety of the amendment to that section reasons, when refusing an application, with sufficient
proposed by the Commission. On the contrary, the strength and force to convince the judicial mind.
At
fact ti at there is a pioviso in the law giving to the this late day it is unnecessary of course to argue in
courts authority to review the acts of tbo Board in that favor of the wisdom of a restraining provision against
particular, shows that the statute in question was con. the construction of unnecessary new mileage.
The
csitsd in abroad spirit, and that there is little danger of experience of the last fifteen years has made the pro­
any intem t stflerir.g barm through its workings. I i priety of such restraint obvious to every one. The only
his bten orgtd against the law that the right to point worth discussing at all is whether the existing
say whether a road
should
or
should not
provision of law on that point in this State is satis­
he built is a tremendous power to put in factory.
the bands of a board of three men.
And
On the whole it must be said that the law hasso it is, bat in the clause permitting an appeal to worked well. As far as our observations have ex­
a Division of the Supreme Court safeguards hare been tend'd the Commissioners have not acted arbitrarily
provided sgainst arbitrary or ill-advised action. Some jn considering propositions for new roads or abused the
have thought that this clause might in practice prove discretion lodged in them. They have barred out a
a deed letter, the theory being that the courts would number of objectionable schemes, and in that have
be diiinclimd to reverie the decision of a body Bup- accomplished the purpose of the law. On the other
pend topossiis special qualifications for discriminating hand they have issued the necessary certificate of
between ttetstary sed nnnecesiary projects.
Experi­ authoriiation in various other cases where there

• t erf qjMftoV °t each JfMT since 1S78- I t covers the
m0tt 0! the tee t« which we have referred to eboT#. On
sebteqaent page# will fee found a detailed exhibit of
tie fuSurf* for the Sate year, with »m« comparisons

J ajcuabt 9, 1897.]

THE CHRONICLE.

59

appeared good grounds for doing so. In both Staten Island and other districts north of New
instances, it seems to ui they hare carried out York and east and northeast of Brooklyn, has been
the spirit and intent of the law. The Long urged for many years, chiefly by Mr. Andrew H.
Lake Railroad is not the only project where an Green. The plan was approved by various local organ­
appeal was taken from the decision of the Board, but izations and commercial bodies, and by legislative act
we believe it is the first instance where the ruling of of 1890 a commission was appointed to inquire into the
the Commission has been reversed. In the case of the expediency of such consolidation. In 1895 this com­
Amsterdam Johnstown & Giovereville road, where a cer­ mission reported, advising submission of the question
tificate was refused, the Board was on appeal sustained. to public vote in the several municipalities and towns
The law, too, seems to have been wisely framed. It concerned. After a year's delay such public vote was
provides that before a new road can be built the Com­ ordered by the legislature, and was made a separate
missioners must certify that public convenience and issue in the elections of November 1894.
The result of this public vote was somewhat curi­
necessity require its construction.
If the certificate
is refused then the application may be renewed after ous. A very large percentage of the voters did not
the lapse of a year. Or, as we have seen, an appeal express their judgment either way. Taking the ballots
may be taken to a General Term of the Supreme Court as actually polled, however, all the municipalities
of the department within which said road is proposed concerned, with the exception of two smaller towns,
in whole or in part to be constructed, and said Q-eneral voted in favor of consolidation. New York City was
Term (under the new Constitution the name of the expeoted to sustain the plan. It did so by a vote of
tribunal is the Appellate Division of the Supreme 96,938 to 59,959. In Brooklyn there had been vigor­
Court) has the power in its discretion to order the ous opposition, largely based upon local pride. Kin gs
Commissioners, for reasons stated, to Issue the re­ County nevertheless cast 64,744 ballots for consolida­
tion, 64,467 against it, thus approving by a close
quired certificate of authorization.
The law has been on the statute books only since majority. Taking the whole vote cast in all localities
1892 and it did not at first apply to street railways, but whose judgment was invited the majority in favor of
in 1895 it was amended to include these as well as the consolidation was 43,734 out of a total poll of 310,*
steam roads. The further amendment which the Com­ 352. This vote, under the legislative act, was not final
mission now suggests is that in the case of the street on the question; it had, however, the effect of settling
In January of
surface roads the Board shall have power “ to certify the judgment of the lawmakers.
to the whole or a part of the route proposed by a new last year (1896) a bill was introduced at Albany arranging
corporation, or to compel an existing corporation to for a commission to make the necessary preliminary
build such additional lines as are deemed to be re­ provisions, and extending the term of the present
quired by public convenience and necessity.” We sup­ municipal officers until 1897, when the election under
pose that the reference here to compelling existing roads the Greater New York charter should take place. The
to build additional lines means that the option shall bill was passed. Under provisions of the new State
be offered them to build such lines as an alternative to Constitution it was submitted for approval or disap­
giving the authority to another company asking per­ proval to the mayors of the municipalities concerned.
mission to build a whole system of new lines. With no It was vetoed by the mayors of New York and Brook­
right reserved to the State under the general law or by lyn but approved by the Mayor of Long Island City,
the charters of the roads, it may well be questioned and was thereupon passed over the vetoes by a vote of
whether the old companies could be “ compelled ” to 34 to 14 in the Senate and 78 to 69 in the Assembly.
build additional lines. Hence, except on the supposi­ The act became a law by Gov. Morton’s signature on
tion mentioned, the amendment proposed would seem May 11; the commission was filled out by appointment
to be open to objection. Nothing can be said against, as provided, and the charter this week formally sub­
the first part of the proposal, namely the suggestion mitted represents the outcome of their labors.
This brief review of the history of the movement
ihat the Commissioners be allowed to decide whether
It might not be wise to permit a part of a projected will serve to show what the actual present situation is.
new route to be built where there appeared to be The consolidation act can hardly be described as the
no justification for allowing the whole to be con­ fruit of an overwhelming public demand. As we
structed. We can see that oftentimes public interests have seen, the Legislature itself was slow in acting on
might be promoted through the possession of such a the bill and displayed no special interest in the matter.
right on the part of the Commissioners.
The popular vote of 1894 was small in the aggregate,
and, except in Brooklyn, was probably affected by the
familiar principle that the voter will as a rule support
GREATER N E W YORK.
a formal proposition to which he has given no great
Last Saturday, the 2d of January, a very important thought. The two veto messages of the mayors and
series of public hearings was begun at the New York such adverse judgment as wa9 elsewhere expressed last
City Hall. The charter committee of the Greater New spring were based on a very obvious objection—the
York Commission, consisting of Messrs. William C. fact that the bill committed municipalities to a radical
DeWitt, John F. Dillon, Thomas F. Gilroy, Seth Low, change in government before it could possibly be
George M. Pinney, Jr., and Benjamin F. Tracy, form­ known what the nature of the new government should
ally submitted to the full commission their draft of the be. Although, therefore, the bill is now a law, these
proposed new charter, and a programme for public facts lend particular interest to the scheme of govern­
discussion of the various chapters in the new charter ment actually proposed. We shall undertake to sum
•Was laid down, to continue daily until next Saturday.
up briefly the chief provisions as they at present stand.
The origin of the plan for a Greater New York, and
The most striking feature of the charter as sub­
•of the commission whose report is now before the pub mitted is its provision for a city legislature. The
lio, Is familiar to our readers. The project of uniting somewhat shadowy powers enjoyed by the present New
Into one great municipality New York City, Brooklyn, York Board of Aldermen are transferred, with a much

64)

THE CHRONICLE.

[V o l . L x r v 1

larger
u> a “ maalcipsl assembly.' This body. tical complexion of the entire body at one stroke, th®
Ilk* oor Sut« and Federal legislator*!, ii to contain party normally dominant in New York City politics
two boat#*. In the charter at originally submitted would always retain a considerable majority. This is
there vat to
a lower houae with a membership of 104, one out of several instances where tho peculiar record
aleotwd by senatorial dittricU, aad t i upper house and situation of New York have disposed the com­
of IT, elected from larger geographical divitio it desig mittee to look closer to safeguards than to theoretical
dated by the oo*>mission, Oo Tflnrsaay of the present opportunities. It is worth while to keep in mind,
w*»k, however, th* committee altered this provision, however, that both in Loadon and in Paris, all the
reducing tha ttipola ed membership to 60 in the loser members of the municipal government retire at once.
The charter as drafted by the Greater New York
ho ate, and 29 in the upper— * total of 89 ; the loser
Committee
follows a precedent now well established by
bout* to be chosen, not from senatorial bat from
American
experience,
though by no moans equally well
assembly diatriot*. The municipal atsembly, in
addition to existing aldermanio functions, is en recognized abroad, in conferring very large powers and
trusted with general powers in the construction of responsibility upon the Mayor, lie is to appoint all
bridges, streets, sewers, end other public works. Its the administrative officers excepting the Comptroller;
authority in these direction* is, however, to be neither he may remove daring the first six months of his ad­
original nor linel.
In all such publio work*, it is pro­ ministration any such officer. This power is absolute,
vided that the Board of Public Improvements shall during the remainder of his term the removal power
take the initiative, and that the municipal assembly’s continues, though in more restricted form, and subject
action shall require, before it passes into formal ordin­ to the approval of the Governor. Ilis veto power is at
ance, the concurrence of the Board of Eitimate and the same time enlarged; the committee in fact describss
Apportionment. Finally, in this scheme of municipal the officer clothed with this very wide authority as
legislature, ell of the members of both houses are “ a dignitary second only in importance to the Governor
of the State or the President of the Uaited States.
elected for two jests, and all retire at once.
Naturally, the commission’s plan largely concerns
It will be seen that there is much of novelty in this
general plan, end some provisions which in their way itself with the departments of administration. Tue
erw startling. The number of legislators in this double present I) jpartmeut of Publio Works is to be super­
city council—141 as at first proposed, and SO under seded by a general Board of Public Improvements,
this week's revised arrangement— sill probably surprise made up of six distinct departments— Water Supply;
a good many American observers. European citizens, Highways; Street-Cleaning; Sewers; Public Buildings,
however, would take this feature as a matter of course. ligh tin g and Supplies; and Bridges. A single com­
Mr. Albert Shaw has lately pointed out, in his com­ missioner is to preside independently over each depart­
prehensive books upon the subject, that the London ment. All these commissioners are to be appointed.
County Council contains 138 members, the Vienna The work of the fire department, of parks, charities,
Council 138, the Berlin Council 126, the governing corrections, education, law, civil service and municipal
bodies of Paris and Manchester 80 and 104 respec statistics is to be similarly distributed, the Mayor hav­
lively, while nearly all the German and British cities ing in these departments also the appointing power.
of th> second rank are governed by councils of 40 or The Comptroller, on the other hand, as the financial
more. In moat of these foreign municipalities the agent of the people, is to be chosen every four years on
result* of sueh large membership have been favorable, a popular vote. For local improvements the provi­
chiefly because of the thorough committee work made sions are interesting. The Greater New York is to
thereby possible. The qneation has been pertinently be divided into five boroughs, fairly representing mu­
raised, however, whether the multiplication of offices nicipal divisions as they now exist. Each borough is
under New York's peculiar political conditions would to elect its president, under whose general authority
not defeat the very purpose of the charter.
public improvements are to be first considered* with
The division of the Assembly into two houses is, the co-operation, in the case of each proposed improve­
however, a rather startling innovation in city govern­ ment, of the municipal assemblymen from the senato­
ment, and the provision for election and retirement of rial district or districts which the projected public
the entire membership at once has already become a work would immediately affect. There are twenty-two
foco* of controvtrsy. In their own report, the charter such districts in the area covered by the proposed
committee defend the double chamber proposition as a Greator New York ; the scheme therefore proposes
check on batty legislation, and a plan which “ will at twenty-two local boards of pujlic works, from whom,
tract to every ordinance the most extensive scrutiny in a given case, any approved undertaking will be sub­
and discuHion, both from the membership and from mitted to tho central board of public improvements
the public proas,” Mr. Dorman B. Eston, at the as appointed by tho Mayor. Approved by them, the
oommUtion's hearing of last Wednesday, took very project goes to the municipal assembly.
po*itive ground against the plan, instancing the fact
The final and in some respects the most important
that a similar experiment with two houses had failed feature of the Greater New York committee’s charter
entirely in the District of Columbia, and had been re­ affects the police department. On this point there is
jected, after thorough study of the matter, by Lon­ certain to be a struggle. Tho report frankly confesses
don and other Karopean cities. The most reasonable a difference of opinion in the committee as between a
objection advaooed against tho plan wax the argument single police commissioner and a board of commission­
that a doable legislature divides responsibility, and ers. The plan of such a board—“ bi-partisan” in its
that election by small districts gives free scope to what membership under the requirements of the State Con­
N s* York already knows familiarly as “ war! politics.” stitution—is the system now in use; the majority of
Of the plan for retirement of tho whole municipal the charter committee has favored it3 continuance. In
assembly at oooe, the committee itself speaks in only Monday’s public hearing on the police department
negative endorsement. It is their theory that unless clauses of the charter, three of the present police com ­
the charter opens the possibility of changing tho poli­ missioners made emphatic protest against this provi­

J anuary 9, 1897.]

THE CHRONICLE.

sion. All of them favored a single head to the depart­
ment, with individual responsibility, and they have
been supported by a very considerable body of intelli­
gent opinion, by the expert judgment of our chiefs of
police, and by the example of the most successful
police organizations of European cities.
This necessarily brief review will serve to show the
nature of the problems to be settled by the full com­
mission. We have made no attempt, at the present
time, to do anything more than summarize the plan as
now officially submitted ; subject, of course, to later al­
teration and amendment. That full opportunity should
be provided for such alterations i3 a prime necessity ;
the resolution of the Chamber of Commerce Thursday
afternoon, calling for more complete consideration of
the charter, was therefore very timely. Whether the
referendum plan would prove to be of any special value
is perhaps more doubtful. But no more serious mis­
take could possibly be made than to assume that the
matter is virtually concluded with the charter commit­
tee's report. We have already noticed that the com­
mittee was not unanimous in all its propositions—the
police department chapter is a notable instance. The
commissioners have, moreover, by their change this
week in the provisions for the municipal assembly,
shown that they do not themselves regard their plan
as final. It is possible that changes much more
radical than these will be 30 urged as to appeal
to the good judgment of the commission and the
Legislature
Apparently, the city is at present only at the open­
ing of the discussion. It has been very generally
admitted by students of contemporary politics that
city government is peculiarly the field where this gen.
eration i3 breaking new ground and fixing precedents
for the future. In many parts of the United Spates,
particularly, our cities have expanded to enormous size
under systems of local government hardly more than
suited to a township. The importance of a proper
settlement of the problem at New York, not for the
interests of that community alone, but for those of the
entire nation, is therefore obvious. It is true, the
legislation under which this charter has beeu drawn
up and submitted is in many respects anomalous and
peculiar. It has, however, created a practical situa­
tion whose outcome, for good or ill, can hardly fail to
be of very great importance. The details of the plan
deserve the careful and continuous attention of all
public spirited citizens.

check passing to-day may be in completion of a trans­
action initiated in 1895, during the period when in
many of our industries a vary buoyant tone prevailed.
It should aLo be remembered that in any criticil
analysis the results for 1893 caa hardly be treated as a
whole. A distinction must be made between the firat
part of the year and the latter part. The trade situa­
tion was unsatisfactory even during the early months,
the Venezuela complications, the trouble regarding
the Government finances, and the renewed agitation
for free silver, having operated at a check upon enter­
prise.
As the year progressed, conditions kept grow­
ing less favorable, and in Way and Jane, with the
silver movement making steady headway, the shrink­
age in the volume of business becamt quite marked.
But it was not until the second half of the year— not
till the declaration of toe Dsnoeratio Party for free
silver in July— that the depression assumed really large
dimensions.
The monthly figures of pig iron production afford
a fairly accurate idea of the course of business. These
figures show that with one exception there was a fall­
ing off each month in the weekly output of iron from
November 1 1895 to October 1 1896. But up to the
1st of July the falling off had been comparatively small,
the decline in the whole of the eight months up to that
date having been only from 217,306 tons to 180,532
tons, and this wa3 from the largest total ever reached
in the country’s history. But in the three months
from July 1 to October 1 thsre was a further drop
from 180,532 tons to 112,782 ton3 psr week, this latter
reduction bsiag at the r*te of uboit 3£ million tons a
year. It is to be said, too, that up to and including
July the weekly product was each month above that
for the corresponding date in 1895, whereas after that
the product wis each month bdo v that in 1895. Tne
meaning and significance of such conditions when ap­
plied to the exhibits of bank clearings is of course obvi­
ous. The very poor results for the later months were
in part offset by the more favorable results in the early
portion of theyear. The followicggives the record of the
clearings by months. It will be observed that the de­
cline began in M ly and continued through the rest of
the year. For the first quarter there was 8*4 p«r cent
increase, for the second quarter 5 ’2 per cent decrease ;
but this still left for the half-year a small increase—
1 ‘2 per cent. In the third quarter the deorease reached
9-8 per cent and in the fourth quarter 7‘6 per cent.
The showing without New York is much the same as
with New York included.
M O N TU r/r C IE IB IN O S .

CLEARINGS AND SP E C U LA TI O N I N 1896.
Like other records of trade movements, bank clear­
ings for 1896 make an unfavorable comparison with
the year preceding. At the same time, the falling off,
though large in amount (wa are dealing of course with
figures of great magnitude) is proportionately quite
small. In the country at large the decrease is only
4 ’00 per cent. At New York the decrease is even less
than this, or but 3*3 per cent, while outside of this
centre the shrinkage is not quite five per cent, the exact
figure being 4'8 per cent. Of course such small ratios
of decline do not indicate the extent of the depression
in trade or the degree of suffering which mercantile
classes experienced during the twelve months.
Bank clearings are never a perfect guide to trade
results or the course of business. This follows
from the fact that the exchanges of the banka neces­
sarily represent to an extent past transactions. A

61

M o n th .

C learings, l o t a !
1896.

J a n u a r y . .. .
F e b r u a r y ..
M a r c h .. ..

f
4,609,167,499
4,101.712,407
4,128,070,234

All.

1895.

4,288,851.907
4,220,515,724
4,293,121.197

P .C t.

?
4,402,068.900 + 4 ‘7
3,407,662,173 +20*4
4,034,435,895 +2*3

1890.

1895.

P .C t

*
2,040,753,791
1,728.720,777
1,811,813,000

*
2,007.990.494 + ! • »
1,543,220,947 + 1 2 0
1,793,694,879 + i - »

5,587,288.108

5,344,912,320

-H &

4,255,595,350 ^0*8 1,895,390,042 1,882,116,371
4,858,278,208 - 1 3 -0 1,880.423,931 2,021,431,508
4,390,191,417 -2*8 1,878,740,458 1,915.355,305

+0*7
-6 * 8
-1 * 8

1 st q u a r .. 12,838.950,160 11,844,706,977
A p r il.... ...
M a y .........
J u n e .............

C le a rin g s O u ts id e N e w Y o r k .

+81

2 d q u a r ... 13.808,491,888 13,510,067,075

—5*2 5,600.501,031

5,821,903,301

-2 * 8

0 m o n th s. 26,017,442.048 25,354.834.932

+ 1 -2 11,247,849,109 11,100,815,024

+ 0*7

J u ly ..........
A u in is t. . . .
S e p te m b e r .

4,303,734.408
3,551,552,303
3,701,860,057

4,562.547.044 —4*4
4,138.315,716 - 1 4 2
4,175,215,505 -1 1 * 3

1,853,344,718
1,580,390,199
1,038,825,864

2,035,280,148 - 7 * 5
1,821,502.072 -1 3 * 3
1,802,235.496 -9 * 1

5.102,560,781

8d q u a r ... 11,617,146,768 12,870,078,805

—9-8

5,059,018,316

-0 * 8

0 m o n th s 87,264.588,816 38,230.913,817

-2 * 5 10,350,409,980 16,825.833.940

-2 * 3

O c to b e r . . .
N ovem ber.
Decern bor..

4,594,555.715
4,608,476,035
4,707.031,207

6,23 *,792,576 - 1 2 -3
4.739,193,703 - 2 - 8
6,075,378,431 -7 * 2

1,980.739,13* 2,303.173.810 - 1 4 0
1,921,035,491 2,145,987,460 -10*5
2,051.092,108 2,105,480,397 —5*3
6,954,006,737

6.014,017,603 -1 0 * 0

4 t h q u a r .. 13,910,602,957 15,051,304.710

-7 * 0

Y e a r .......... 51.175.251.773 53.282.2-8,527

—4*0 22.304,476,717 23.440.481.003

-4 * 8

82

THE CHRONICLE.

It U furth©more to be remembered in interpreting
clearing* for the year that the condition* were not
ail unfavorable. W© had tery good grain crops in
Is.-5 , tb# effect of which extended into 1896, and then
alao w© had good grain crop* again in 1896. It is true
the#© large field* were not accompanied bj high price*,
bat rather by extremely low prices, except in the cue
of wheat the latter part of the year. Nevertheless
the grain movamont was heavy, and necessarily this
mad© a large roiume of exchanges at a number of
ffo te rn point*. Thu* w«8nd an increase in clearings
for the twelve month* at Minneapolis, at St. Paul and
at Omaha, all in the territory where there was such a
phenomena! movement of spring wheat from the crop
of 1895 ; again, we have an increase at Baltimore,
through which port the export movoment of grain was
so heavy. At a great many other points also, even
where the clearings do not show an increase, the
expansion in the grain movement was an important
factor in offsetting losse* from other causes. Below
we furnish a comparison of the clearings for four
years at the leading cities, both for the twelve months
and for December.
lb *

Sutxx o i j iu T O i at u u u i a orritt#.
if-—s a n uorv 1 to D te. 30.---r ©oo.ooo*
te e s . 1865. 1394, 1893. 1896. 1895. 1894. 1893.
M UUd..)
*
s
1
8
*
S
*
»
M * w T o r t . . . 2.658 3.910 2.336 2.215 28,871 29,842 24,388 31,261
CV-OAfO........
387
3»*
419
371 4,413 4,615 4,315 4,677
ae«U>B----- *33
432
3S6
368 4.498 4,758 4,148 4,578
an
3*3
301
263 3,162 3.556 3,060 3,403
F%!U4*>s>h*o
SL Le«iU . . . .
113
109
104
101 1,159 1,244 1,128 1,139
82
63
55
53
* ac rro a 'o o .
6S3
692
699
659
B aittm o r* ...
64
S3
59
57
720
696
67*
706
*2
69
55
r tm b m © ...
SI
745
748
653
665
54
58
O te e iB u ti...
95
55
586
643
651
642
S en se * City.
*7
39
50
42
501
521
475
*81
53
Haw Or; m b *
58
53
68
487
48S
501
434
M liwaa*** .
IS
23
20
22
231
246
224
329
U rtl* rt 1* ..
3©
27
26
37
236
314
310
823
» B * a lO .......
1»
33
219
18
17
222
196
220
O otroll . . . . .
27
29
24
26
300
324
289
323
Ulsseos-olU.
42
47
29
393
28
373
309
332
O s sa b a .. . . . .
1*
19
17
22
210
191
242
295
24
FroTMeno*..
26
21
23
256
281
244
288
C 4*falaad ..
25
23
29a
27
20
299
245
268
P — T a r......
11
11
13
12
121
139
137
185
•u r « o .....
SO
34
19
16
229
222
184
208
T o ta l......... 4,432 4.795 4,054 3,838 48,352 50,420 42,963 51,617
O U arelU M ..
276
2S0
266
242 2.923 2,863 2,723 2,807
T o tal aU ... 4,703 5.075 4,350 4,080 51,175 53,282 45.686 54,324
O sW ldaX .T, 3.052 2,165 1,934 1,865 22,304 23,440 21,298 23.06*

Among these leading cities, as will be seen, the
point* already mentioned—namely, St. Paul, Minne­
apolis. Omaha and Baltimore, are the only oneB record­
ing increased clearings for the twelve months, but
among the minor points there are a number of others
in various part* of the country distinguished in the
same way. The complete statement showing the clear­
ing* separately for all the points having clearing houses
W*U be found on the page preceding our article on the
Financial Situation in this issue of T he Chroniclb.
For December it will be observed from the above com­
parison neither St, Paul, Omaha nor Minneapolis rec­
ord- an increase, the first two indeed having suffered
important decrease*; this shows that the situation in
that part of the country had changed at the end of the
year, one important reason being that the spring-wheat
crop of 1890 in the N'orthwest was smaller than that of
1895. On the other hand, Baltimore still has a gain,
and S t Louis, Kansas City and Louisville are also
found ranged oa that tide. In part the improvement
at the*© latter point* may be ascribed to the continu<d
large grain movement (they not being affected by the
smaller ipring-wheat yield), in part also no doubt it
mn*t b* ascribed to the larger cotton crop, thi* crop in
1895 haring baen Tery *mall.

[V o l . LX1V.

It i* rather noteworthy that if we compare the
clearing* for the twelve months by geographical divi­
rion*, the percentages of decrease do not differ very
much for most of the leading groups, notwithstanding
the varying conditions prevailing in each.
We know
of course that the depression in trade was most
intense in the great manufacturing and industrial dis­
tricts. Possibly at this centre the effect of this wa*
•omewhat modified by the large railroad reorganiza­
tions which marked the year, and in the carrying out
of whiah many checks must have passed through the
banks. The falling off at New York, as already stated,
proves to have been only 3 -3 per cent j in the whole of
the Middle Statos, however, including New York, the
rimnkage has not been much larger than this, being
3*8 per cent. In the New England sectioa the de­
crease has been 5’2 per cent, in the Middle Western
States -t'8 per ceat, and in the South (where for eight
months of the year the small cotton crop of 1895 wa*
a factor in the results) the decrease has been 4-5 per
cent. It will be seen that in all these cases the per­
centage* of decline approximate each other very
closely. Only in the case of the "other Western '
and the Pacific seotion do the ratios vary greatly from
the general average. The "other Western" embrace*
St. Paul, Minneapolis, Omaha and other points in the
lame part of the country, and there the decrease is
but a fraction of 1 per cent (0-6) on account of the
larger grain movement, as already indicated.
The
Pacific section also has only a fractional decrease,
namely 0T per cent.
In these last two instances, the better showing also
follows in part from the fact that these two sections In
1895 had proportionately much smaller gains than the
other sections. It is interesting to have the figures
for the different geographical divisions, and in the
following we furnish a comparison in that way, by
quarter* and for the twelve months, for the past five
years.
Clearing* Reported.
(OQO* omitted.)

First
Second
Third
Fourth
Quarter, Quarter. Quarter. Quarter.
t

New.York............. .

1896 7,251.66
1895. 6.499.855
• 1894. 5,098,415
1893. 9.879.033
11892. 10,046,731

S

i

t

Total
Year.
«

7,147.931
7,083,1*5
0.010,034
8,487,72*
8,862.701

0.514.5SA 7,956,590 28.870,775
7,217,0«0 8,430,717 2 9 .8 U .7 9 7
5,580.000 0,859,298 24.387,807
0,192,042 0,701,037 31,201,018
7,891,057 9 ,8 0 1,980 35,862,488

Total ether Middle....

1809.
1896.
1894.
1^93.
1892.

1,320,859
1,230,941
1,129.018
1,465.093
1,467,261

1,341,690
1 .3 9 M 2 8
1,221,209
1.459,873
1,452,380

1.199,16
1,344,823
1,181.088
1,153,057
1,368,335

1.312,776 5.104.404
1,570,107 5,543,999
1,345,620 4,877,004
1,198.391 5,277,014
1,552.871 5.840,351

ToUl New a&fland...

fl8 9 6 .
1895.
1894.
1803.
11892.

1.272,240
1.244,012
1,197,956
1,517,401
1,390,805

1.331,135
1,383.545
1,181,181,430,006
1,411,773

1,20 '.950
1,381,537
1.122,197
I,12».301
1,360,370

1,446,872
1,531,998
1 ,342.'52
1,277,828
1,588,538

5,251,209
5,541,999
4,843,391
6,355,746
5,751,490

1896.
1895.
We*tern. 1894.
1893.
,1 8 9 2 .

1,565.608
1,597.175
1.443.672
1,891,803
1,093,417

1,683.97f
1,071,031
1.534,338
1,844,090
1,808,962

1,458.979
1,0 '8,«43
1.513,187
1,350,235
1,838.277

1,605,140
1,804,725
1,092.190
1,585,850
2,040,420

0,314.757
0,631,779
0.183,293
6,678,590
7 ,3 87,089

r i8 9 c .
1896.
1894.
11892.

241,222
226,015
223,207
300,341
275,800

243,193
241,1 ?3
235,8*7
28* ,002
279,510

282,738
243,039
210,285
202,139
301,009

276.040
283,115
259,241
232,765
322,074

992,243
993,201
987,140
1,023,847
1,179,053

Total other Western.

r i8 9 9 .
1895.
1894.
Iri03.
1802.

411,799
907,261
370,091
623,455
470,636

401,954
390,002
395,060
505,790
493,021

373,108
395,155
374.355
310,127
514.452

471,200
509,410
452,705
411,107
595.545

1,657,419
1,667,898
1,693 280
1,750,488
2,073,654

776.495
748,598
700.361
856,339
783,804

660.214
731,969

To tel Southern.........

1896.
1805.
1894.
1>98.
[1892.

883,818

08L 507
664,821
000.840
498.723
082,397

850,979
916,30
814,709
, 784,074
937,752

2,024.355
3,061,651
2,755.818
2,870,585
3,117,008

1896. 12,832.951 12,808.487 U .6 1 7 ,’51
1806. 11,84 ■‘,757 13.609.063 l8,R7fl,4M3
1894. 11,008.680 U . 2 11,593 10.5S1.01S
18UR. 10,438,165 14,704,211 10.834,284
t 1802. 16,132,074 16,021,344 18,955,908

1 3 .9 ic ,0 0 3
16,053,375
12,786,450
12,101,058
19,9111,786

51,175,259
5 < t,m ,» 7 8
45,670,735
54,283.308
03,011,107

Tot. Middle

To tel Pacific............ .

1893.

Tote! e ll....,......... .

738,449
712,996

THE CHRONICLE

Jan u ar t 9, 1897. J
C learinsrs R e p o r te d .
(000* o m it te d .)

new .
Outside

1805.
1804.
1803.

N ew Y ork . ..

(1802.
ri8©6.
C a n a d a .. .. . ...................

F ir s t
Q u a r te r .

Second
Q u a r te r .

F o u r th
T h ir d
Q u a rter. Q u a r te r .

$
5.587.289
6,843,002
5.0T0 265
6,5*4.122
0.085,343

$
5.66'>.55«
6,821,708
5 2 1,55P
0.270.485
6 ,1 5 8 /4 3

S
*
$
5.102.505 5,954,007 23,304.477
5.050,123 6,015,058 23,440 481
5.010.962 6.906,152 2 ',1 8 3 .9 2 8
4,011,042 5 /9 0 .0 2 1 22,962,270
6 ,0 6 4 /4 0 7,039,800 25,348,038

245.078
2 3 0 /8 3
226,535
250.008
231,131

242,35:
254,<72
231.210
242,878
230,433

1805.
1894.
1893.
1892.

249,971
250.187
237,204
242,320
250,781

291.033
302,202
274,612
240.964
287,410

SALES* ->? 4TO CK S » r T H ’fl N S W YORK STO C K EOYOHANGB.

T o ta l
Y ear.

1.029.027
1,042.944
909.501
977,070
1.014.785

It will be observed, that barri ng one group, namely
the Southern, the 1896 aggregate is in each case above
the very small aggregate for 1894, but with that excep­
tion the smallest of any of the years given. In the
Southern group the 1896 total is larger than that for
1893 as well as that for 1894. To carry these compari­
sons with past years further back, we present the fol­
lowing. In this case we give only New York and the
totals for the country with and without New York.

63

1890.
M o n th .

N um ber
o f S h ares.

4 /8 5 .0 1 2
Jan
5.203,098
Feb
M a r c h . 4,580,579

A c t u a l.

P ar.
9
417,301,550
492,613,700
3 8 0 /2 6 ,0 0 0

14,325,28* 1.290,841,250
A p r il...
M ay
June.

4,058,614
2.799.013
4,370,765

372,055,175
203,7t 2,533
417,371.550

2d qr. 11,228,992 1,053,12+258

6 moa
J u ly ...
A u gu st
S e p t...

9
250,445,065
300,289,139
252,405.607

Y ear.
1896...........
1895.............
1894............
1893............
1892..............
1891.............
1890..............
1889.............
1888.............
1887.............
1886...... .
1 8 8 6 ...........
1884............
1883.............
1882.............
1881...........
1880.............
1879---------1878.........

P e r C t.
I n c . or
j D ec

|2S .8 :0 .7 7 6 .0 5 6 | - 3 M
29.841,790,921 +22*3
24 3 8 7 /0 7 ,0 2 0 —22 0
31,2 1,037,730j -1 4 * 7
80,003,409,202
+ 8 -0
38,749,323.2121 - 9 9
37.458.007,609 j +4*4
36/95,1'*4.905 +15*4
31,100,027.521 j - V I
33.4“4.550.268
-0 -0
3 3 /7 0 ,8 2 9 .0 1 2 +19*0
38.152.201.330j - 9 1
80,985.871.170 -1 7 * 2
37.434.300,872 - 3 0 2
40,910.955,031
-6 0
49.376,832,883{ + 2 7 '9
38.014,448,223 +32*1
29.335.073.829 +47*2
19.858,071.307! - 0 * 7

C le a r ­
P e r C t.
in g s O u ts id e In c . or
N e w Y o rk .
D ec.
$ 2 2 /0 4 ,4 7 + 7 1 7
2 3 .1 4 0 .7 3 5 /6 9
21.188.928.055
2 2 /0 2 ,2 7 0 .2 7 6
2 5 .318,63+ 020
22,987,037,805
23.165.332.8J-8
20.2S0.223.091
18.441.007,307
17,672.972,820
1 5 ,0 1 0 /9 1 .0 0 0
1 3 /2 1 ,8 3 9 ,7 0 8
13,214,113,613
14.297.171.924
1 3 .9 0 2 .2 S 6 /7 9
14,094,500.301
11.875,400.000
9 / 9 0 /0 0 .0 0 0
7,950,100,000

-4 -3
+101
-7 * 0
-9 -4
+10*8
-0 * 8
+142
+10*0
-H -3
+132
+17*2
+0*8
-7 * 0
+24
-0 * 9
+ 2 8 -9
+■8*4
+ 1 0 -S
-0 * 3

T o ta l
C le a r in g s .
$51,175,251,773
63.282,27+ 527
45,670,735 077
54,223,308,008
02.011,107.222
50.730,300,^17
60,023,940,407
56.175,327,996
49,541,034,888
61.147,529.094
49,293,721,218
41,474,041.044
44,199,984,783
51,731,472.796
00.878,241.010
0 3 ,4 7 1 ,3 8 9 /4 4
49,989,848,283
3 8 /2 0 .4 7 3 ,8 2 9
87,813.771,307

P e r C i.
I n c . or
D ec.
-4 * 0
+10*0
—15*9
-1 2 6
+9*5
—0-4
+7*9
+13*4
-3*1
+3*8
+189
-0*1
—1 4 0
-1 5 * 0
—4 0
+87-0
+19-7
+38*6
—8 0

3,243,905
3,024,032
5,128,539

P ar.

A c tu a l.

9
818.422,600
300,314,750
499,445,800

1
192,030,084
188,108,308
301,208,171

809,200,471 11,390,470 1,118,183,050

880,010,58#

5,036.710
8 /3 2 ,7 0 7
6,030,415

2 7 1 ,7 1 1 /9 0
463,888,576
8 1 + 6 7 0 ,7 2 4

250.369.075
188.033,302
295,680,013

482,408.355
8 5 9 ,1 0 2 /5 0
679,442,850

740,082,390 1 9 /9 9 ,8 3 2 1 /2 1 ,0 7 4 ,1 5 5 1.054,270,680

5 /5 5 ,9 8 1
4 207,813
4,574.206

5 2 7 /9 4 ,2 5 0
412,907,675
431,796,550

3d qr. 14.398.000 1.372,358,475

6,849,406
5,269,ul9
0 .S23/4O

6 6 1 ,2 3 8 /5 0
490,170,700
028.792,500

342,847,800
337,335,231
310,601,277

897,315,077 17,942,325 1,680,201,450

990,784,308

3 5 4 .3 8 4 /8 2
268.716,029
274,215,306

0 m o*. 3 9 /5 2 .2 8 1 3 ,7 2 2 ,3 2 8 /8 3 2.440.598,538 49,338,633 4,719,458,055 2.725,005.620
O ct . ..
N o t ___
D e c ....

4,931,438
6 ,8 9 + 2 9 8
3,871,070

450,713,350
604,209,050
307,332,500

3 1 2 /2 1 ,8 4 7
3 3 0 .U -4.58!
2 4 0 ,3 4 4 /7 4

5 /5 0 ,6 7 5
5.049,900
0 /4 4 ,0 2 4

492,830,800
405,003,400
635.300,250

302,070,210
2 9 4,484,024
410,718,250

883,371,402 17,244,599 1,593,134,450 1 ,0 1 3 /7 3 ,0 8 4

Y ea r. 54,054,O 90Jo.llO ,643/S3 3,32*/O '1.94
N ew Y ork
C le a r in g s,

V a lu e s.

N um ber
o f Shares•

25,554.231 2,349,970,508 1.549,282,801 81,390,308 3,039,257,205 1,734,281,15*

4 th qr. 14.701,815 1,388,314.900

CLEARIN GS.

1895.

V a lu e s.

08,583,232 8,312,593.105'3,808,338,604

Tne railroad bond sales for the two years furnish an
equally striking contrast. In 1896 the aggregate was
#363,158,820; in 1895 $499,758,080.
In 1896 the
largest monthly total was #46,625,350 in November ;
in 1895 there was one month (May) when the total
reached #78,556,700.
The following compares the
yearly aggregates of the stock sales back to 1877. It
will be seen that, barring 1894, the 1896 total is the
smallest since 1878 :
N U M B E R AND VALTJE OV SH A R E S SO LD i l S E W T O B K STO CK E X C H A N G E

Y ea r.

S to c k s/
S h a r e s.

A v ’g e
V a lu e s *
P r ice (a p ’r o x im ’t e )

Y ear.

S to ck s/
S h a r e s.

A v ’g e
V a lu e s *
P r ic e (a p ’r o x im ’t e )

1 8 9 0 ....

54,654,090

05/

$ + 329,909,040

1 8 8 0 .... 100,802,050

05-6

1 8 9 5 ....

06,583,232

60*3

3,808,338,004

1 8 8 5 ....

92,538,947

041

$ 5 ,8 8 5 ,0 0 2 /0 0
5,479,859,840

1894 . ..

49,075,032

64 2

3,094,942,709

1884 . . .

90,154,971

01*77

5,939,500,000

Here it becomes apparent that the 1896 results make
1 6 6 3 .... 80,077,839 60*3 ( 4 ,5 5 0 ,2 0 0 /1 0 1 8 8 3 .... 97,040,909 04*51 0 /6 0 ,8 0 9 ,9 0 1
after all a pretty poor showing in contrast with most
4,874,014,202 1 8 8 2 ... 1 1 6 ,3 0 7 /7 1 00*12 7,089,453,480
1 8 9 2 .... 85.875,092 03*5
other years. For New York the 1896 total is the 1 8 9 1 .... 09,031,089 67*1 3 ,8 1 2 /4 7 ,4 1 9 1 8 8 1 .... 114,511,248 71*50 8,197,500,406
smallest, with only two exceptions (1894 and 1885), 1 8 9 0 . .. 71,282,885 00*2 3 /7 7 ,6 0 4 ,1 9 3 1 8 8 0 .... 9 7 /1 9 ,0 9 9 09-00 0,819,080,054
since 1878. In thiB instance, however, it is possible to 1 8 8 9 .... 72,014,000 61*0 4,059.231,801 1 8 7 9 .... 72,765,702 56*85 4,130,533,670
give an exaggerated importance to the fact mentioned. 1 8 8 8 .... 05,179,100 62*5 3 ,5 3 9 /1 9 .1 4 3 1 8 7 8 .... 39,875,593 54*10 2 ,1 5 7 /0 9 ,6 8 1
2.0°1 2 « o / 1 0
The greater part of the share sales of the New York 1887 . 84,914,610 0 1 1 4.508.778,899 1 8 7 7 .... 4 9 /3 2 ,9 0 °
* The shares of stocks we take from the record Kept oy the jo u rn a l o ]
Stock Exchange is now cleared through the Stock E x­ Commerce
for the years 1877 to 1884, Inclusive; since 1885 the totals
change Clearing House instead of through the bank are oar own compilation.
t The values of sales for the years 1877 to 1882, inclusive, are the
clearing house, and this of course means an important
figures made up by The P u b lic ; the totals for the rem aining years are
reduction as compared with the years when the old our own com pilations.
methods were still in force; the change dates from the
We also add the record of the dealings on the Pro inauguration of the new system in May 1892. In 1896 duce Exchange. In this cise the 1896 total is sm iller
the Cotton Exchange also (beginning with March 5) com than in any year since 1882.
menced clearing its own transactions. On the other SALKS OF FL O U R , W HEAT, A C ., AT NEW YORK PRODUCE EXCHANGB
[Two ciphers (OO) om itted from the figure afor Wheat, Corn,
hand, if we take the clearings outside of New York,
Oats, Barley and Rye.]
where the number of clearing houses has greatly in­
B a r l’y R y e .
T o t a l.
creased in recent years, the comparison is also quite
F le u r .
C orn.
W h e a t.
O a ts.
A M a lt
unfavorable to 1896; wilh the exception of 1894, when
B ush. B u sh .
B b ls.
B ush.
B ush.
B ush.
B ush.
every leading condition was unfavorable, the total ig 1 s t q u a r te r, *90 1.009.625 1 0 0 / 3 0 / 19.023,0 6,079 7 2,510,0 100,0 109.087,002
316,771.482
**
’95 1.339,8* 5 208,774,0 2 9 .0 8 + 0 11.050,0 330,0
the smallest since 1889.
8.0 343,990,802
“
’94 1,352.815 289,001.0 3 5 /2 0 ,0 13,325,0 740,0
1,180,300 2' 9.455,' 37,500.'
205,470,450
188,0
41/
“
’03
12,874,0
On the various Exchanges, stock and mercantile,
“
’02 971,875 390,854,0 90,412,0 20,750,0 487,8 758,6 513,035,838
the year was not one of great speculation; and thig t d q u a r te r, '96 1,002,045 327,090,2 23,421.1 14,142,4 1,010,4 513,0 872,450,303
852,749,18©
**
’05 1 /1 9 ,1 4 0 785,728.0 38.770,0 21,409,0
follows of course from the conditions prevailing. Of
472,551,825
6 0 ,0
*•
’94 1,42+850 415,214,0 8 5 ,3 3 + 0 15,523,0
1/
4,0 286.7 6 4 0 /4 0 .7 0 ©
“
’03 1,002,000 454,901,0 00,791,0 23,705,0
cotton, the future sales were only 46,727,800 bales in
"
’02 1,178,225 421,314,0 87,069,0 27,835,0
28,5 548,7 5 4 2 ,0 9 5 /1 3
1896 against 51,489,700 bales in 1895, of grain only Sd q u a r te r , ’90 1,28+506 212,924,0 25.409,7 9,557,6 1,444,0 029,0 254,780.877
3,0 419,837,850
’95 1 ,43+ 500 351.364,0 40,948,0 14,014,0 645,0
1,285 million bushels against 1,899 million, and of
327,588,685
“
’94 1 /0 9 ,9 3 0 273,061,0 29,958,0 19,125.0
129,0 270,500.80*
*'
’03 1,48'',525 200,364.0 32,712.0 2 4 / 0 3 /
stocks only 54,654,096 shares against 66,583,232 shares.
90,0
48,7 2 0 0 ,7 6 8 /0 *
*'
’92 1,145,445 109,810,0 50,167,0 29,489,0
O q the Stock Exchange, indeed, the volume of busi­ 4 th q u a r t e r ,’96 1,290,835 422,545,2 2 2 /9 6 ,3
999,0 4 6 9 ,5 7 3 /0 8
7,078,4 1 /6 6 ,0
310,404,038
“
’96 1.372.875 259.876,0 82,073,-• 10,593,0 2,275,0
ness was small even when prices fluctuated widely.
381,080,018
“
’04 1,127,025 275,665,0 30.480,0 1 9 ,9 0 4 / 600,0
1,0 259,733,205
w
’03 1,328.510 188,519,0 45 1*8,0 1 9 ,0 1 2 / l.OrtO.O
Take July, when Bryan’s nomination precipitated
195,0
20,6 268,655,11*
179,419,0 55,740,0 2 7 ,7 4 0 /
“
’92 1 /3 1 ,2 2 5
almost a panic, or November, when Mr. McKinley’s
T o ta l 1890........ 4 ,0 1 3 ,0 0 ' 1,120,090,0 90,601,0 37.458,0 +120,0 1,341,0 1 / 8 6 / 0 3 . 5 0 0
election caused a very buoyant feeling. In neither T o ta l 1895........ 5 /7 0 ,4 0 0 1,065,232,0 117,786,0 57,000,0 3,150,0 3,0] 1,599,363,500
0,0 1.475,811,93$
l 1891........ 5 ,1 1 6 /5 0 1,251,941,0 131,0’’O,O 6 7 ,8 7 7 / 1,300,0
month did the share sales reach six million shares. TT oo ta
t a l 1803........ 5.600,3 <5 1,059,299,0 1 7 6 /1 0 .C 8 0 /8 4 ,5 1,252,0 458.3 1,342,711,307
799,3
1,370.6
1.1*6,154,356
105,814,0
4,520,770
T
o
t
a
l
1892........
1,101.400,0
295,388,0
The following is the record by months.

THE CHRONICLE

rv o u L x i v .

ij i; i ; T f ’., *’ A SO THE BA LT I MORE & OHIO C O T T O N C O N S U M P T I O N A N D O V E R L A N D
M O T E M U N T TO J A N U A R V 1.
i | M A COO UN TS.
k l u i »}:■»• »!. • >r-« :e of our lutes! article on the

B a i r e A. Uisio, in the i#»ue of December 2fltb, Mr.

L ttl* **jwm*«1 * d<tire to make * further reply to our
renew *n-l cr.'..*m of hi» report on that property,
tv,
ham ;-->vas.*M'>n to do to m fully m ho imbed*
at tit*
time sifttiBE tltsl we would publish what
|jB
I ^ »e ha i elroetly oorered the subject so
far u w* thought it useful, it we*, not our intention to
r, y j,. Vi. ||# !s»s accord ioglf written the following
Ku r» »:«!• ra»t»t Mr. f.’ttle now mokes we bo*
j
t.*,.. us on:- one or more of our three articles
door If itf.'.i }M*«tirelv refuted, and we simply repeat
wbsi *» *siti in do*Hig the lust one of them, that our
figures or* in ne< l of no tpialifioatlon, modification or

Meeting with no special hindrances the marketing of
cotton in December has been quite liberal. Our state*
menta indicate that there has come into sight through
the portB, interior towns and the rail inorement over­
land 1,549,705 bales, or 213,075 bales more than in
December of 1895, but 422,283 bales less than in the
month of 1894. For the four months the aggregate is
0,297,701 bales, against 4,921,043 balos for the similar
period of 1895, and 0,949,488 balo3 in 1894. Spinners'
takings have beaa less free during the montu than in
oither 1895 or 1894, and their total takings for the four
months fall below those for the same months of last
year by 44,291 bales, and contrasted with 1894 the de­
cline is very heavy.
overland

rev isio n :

47 WlIJUAJi Mtkf. rt .

)

N ew Y**rk . December 28ib, 1890. )
• f fh t C omm ercial a n d F inancial Chronicle:
Ml
-h i . 1- r< Ilf I fforf to «,t mo right by your artirif . f u.« .'till tiu faal on lb# Baltimore * Ohio car accounts
. i ;.^ r. - to *#r. only Intetwllled the wrong. First
t *n. tm i <»»*-ri<>.»k the hnjw rbm t fact that it was not the
cvritjamV* •St-c.-ii’- ir# and lairletuliBjr reports that I examined,
. ■
t
n, it v«».tr ar.nlyeP, pin your faith to the
format wbil.- 1 appeal to the latter for the verification of my
figure* throughout. That the actual additions to the cora....jut!, tu ne for tlu* period covered by my examination
r, a- l
d in my letter to you of the 22d instant,
ta.twu.'d.s «S—fto more and no less—is absolutely imspntro•.
'h - contrary notwithstanding.
S u ! i . u so :u '. ii me of ignoring this altogether, and then
i .. , Uy adm itting that each and every item thereof is
<o U f.'-)i..i in (lie balance sheet, you find fault because I did
no*, call *;• <*tai attention to it in the text. There was, from my
standpoint-, no more r„-<v**,»ity for this than th at I should call
attention, to tin* large acquisitions of stocks and bonds of other
r* ra |* i> * sti the same fwriod. 1 can conceive of no reason
why' f *houId rail attention to m atters about which there was
no 'pM»ible nutation. The balance sheet speaks for itself
and red ecu* accurately the condition of th f accounts on the
1: ,>fc« “ li* mote” from the subject, as you term it, St is nevertheless a very vital part of my report. The real difference
t>-tv* i n us on this particular point is that you erroneously
eoropth i ur figures from the p a y m e n ts purporting to have
» • • • * ! . . ■ irditig to the company's official reports, while
1 have tai;-!i the actual debits fro m the. com pany’s boohs, indepecdvr.t of *uch payments, and also irrespective of whether
tin -.' j ay menta were made from capital or revenue, or partly
frowtr.ru ar.d partly from the other. To undertake, as you
do, t fix the exact amount- th a t were paid from each fund I
hest funds were commtE*g.»“l *<mi the capital and revenue accounts kept in one set
of tux !<“. as was the ease in the B iltitnore & Ohio Company.
1 neither assumed nor «aid that “ all the car trust payments
had b een chnrg.il to revenue account” for the simple reason
t h a t they could nut be so treated and still appear in the hal•nce sheet a* *•»*•». The quotation j 0 nay letter of the 22d

MOVEMENT TO .JANUARY 1.

Tho gross movement overland in December this year,
while slightly greater than iu 1895, has been much leas
than in 1894, reaching 227,925 bales, against 215,025
and 359,477 bales respectively. The season's total is
now 84,645 bales more than in 1895 but 338,095 bales
loss than for 1894, The net overland for December is
less than for the month of 1895, having been only
151,824 bales, against 165,131 bales, aud there is a de­
crease of 62,283 balos compared with 1894, when the
aggregate was 214,107 bales. For the four months tho
aggregate net is 549,630 hales, an increase over 1895 of
21,991 bales, and compared with two years ago the loss
is 277,210 bales. Presented in our usual form the
results for the past three seasons are as follows:
O V B B IA O T FR O M S E P T E M B E R 1 TO D E C E M B E R 3 1 .

1898.

18 9 5 .

18 9 4 .

3 3 3 ,1 9 3
1 7 6 ,7 4 2
9 ,1 1 5
1 ,5 3 7
8 9 ,4 8 9
8 1 ,1 6 0
6 2 ,4 4 9
5,418

3 3 4 ,1 8 3
1 4 9 ,5 5 9
11,974
45
8 6 ,1 8 0
4 6 ,0 1 8
4 1 ,3 9 1
5 ,1 0 8

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

7 5 9 ,1 0 3

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

18 7 ,3 9 1
2 ,0 9 7
2,1 5 4
1 0 ,2 0 5
3,4 1 8
71 8

1 1 8 ,6 0 9
2 ,2 1 0
2 ,7 0 9
1 0 ,0 7 1
2 ,8 9 5
757
4 ,9 1 5
585
4 ,0 6 8

Lmount shipped—

Via 8t. L o u is.................................................
Via C airo.......................................................
Via P a r k e r .................................... - ...........
Via E v a n sv ille ......................................... .
Via Louisville ............................................
Via C in cin n ati............................... .............
Via o th e r ro u te s................................ .........
Shipped to m ills, n o t Included a b o v e ...

Deduct shipments —

O verland to New York, B oston, &o—
Betw een In te rio r t o w n B -------------------G alveston, In lan d an d local m ills.........
New O rleans, in la n d a n d local m U ls...
Mobile, in la n d a n d local m ills..............
S avannah, in la n d a n d looal m ills...........
C harleston, Inland an d local m ills-----S. C a ro l's p orts, in lan d an d looal miEs.
V irginia port®, Inland an d looal m ills..

2 1 5 ,1 8 6
1 3 ,8 1 5
1,8 2 1
1 3 ,2 5 6
1 3 ,0 1 5
1 ,6 9 8
7 .5 1 2
683
3 ,3 7 2

M i mine.
——wVt>u also S'o-um* me of omitting all mention of th e $1,750,000
2 20
reduction in tl-.<- c*r trust of 1*87, but here again let me appeal
3,2 7 0
t,-. the
a n ! tb« balance sheet On the debit side that
car tru.r,
1; >va» c a r r i e d at.02.904,000'September 30, 1888,
TotM lto be d e d u c te d ......... .............. . 2 0 9 ,4 7 3 1 4 6 ,8 1 9 270,358
and November 3th 1895, respectively, there being no cha-ge
whatever l- t-A.-n these dates On the credit or liability s id e
5 4 9 ,6 3 0 5 2 7 ,6 3 9 8 2 6 .8 4 0
L eav in g to ta l n e t overland*.............
tl.*i a n nrit unpaid was given September 30, 1888, at $2,250,* T his to ta l lnolude* gutpiuents to C anada, by ra il, whtoh slnoe
" 1 <*- ! N ivcrnfe r 'M, 1825, $50i),OOQt showing a reduction in S eptem ber 1 In 1806 am o u n ted to 40,277 bales; In 1895 w ere 33,287
the interim of ; \7VM><i. Could there be anvthtng plainer bales and lu 1894 w ere 44,731 b a la a .
'ban ttii» How. th* u, can you s<«y or maintain th a t I over­
looked it?
RECEIPTS, EXPORTS AND SPINNERS’ TAKINQS.
It *jmc*ing tie- it,come acco u n t on th e opening page of the
M m p im » official fiqgirt*. from w hich vou quote, it ought
m.t to bo i:< ■■ •t *•' to u-U you th a t beyond the balance
iw nusht dt< <ti after citargiog o p eratin g expenses, interest,
r#n(“l* * r-d -hvi.-i.-i-,-!-. h i*. n o t «n incom e account a t all. The
remaining it, «r*s sr* a m ere sta te m e n t in th e atw tract arbitm r t ty scr.-innting f o r certain amounts as having been paid

out of it- ome without any proof Whatever that the sums set
'
•
c rr.
:*1 r-p >rt for ulm ,ra­
tion. w hrrr, to th*- unwary reader, the balance was $511,967 23
*** I to have *x*.p applicable to fu rth e r dividends on th e comUo* ■*T ' f . Tlift, n ■' to ii,e profit and lo*-* account, page 18,
an-i v
Will tin**, th a t it ww. not th is $511,687 23 th a t w asoarTi*’■ i •- tt» * rv-li*. t a ’ $1,272 313 78, The *0 called application
of to** r m i.'oiovt b ,* *
55 in the m an n er de*cribed was, a»
I have e*i d, purely arb itra ry and con jectu ral.
F*na! v, let m* add that it not a question of accounting,

hut of fnrtr. that is Involved, and there is nothing so mysterto ;* remarkable and extraordinary” about those facts "that
th * vntvit he understood by your readers.
Y ufa very tru ly ,

'

SrKPBiN L itt l e ,

The port movement—the net receipts at the ports—
has been but little less than in November but much iu
excess of December of last year. The total for the
month has been 1,256,000 bales, which compares with
987,899 bales last year and 1,497,560 bales two years
ago. The aggregate for the four months is therefore
1,436,249 bales greater than for the corresponding
period in 1895, although 323,395 bales less than for
two years ago. Foreign exports have been on a liberal
scale, reaching during the month 1,078,102 bales,
against 726,415 bales a year ago and 1,220,609 bales in
1894, and for the season to date the aggregate exports
have been 3,427,842 bales, or 1,265,043 more than for
*the corresponding period of 1895. Contrasted with

THE < HK0N1CLE.

Ja n u a r y 9, 1897.J

1894 there is a loss of 71,662 bales. Port stocks hare
increased 101,120 bales during December, and are now
166,504 bales greater than on December 31 1895. Our
usual table of receipts, exports aad stocks is as follows :
EXPORTS 8INCE SEPT. 1, 1890 TO—
M ovem ent fr o m Receipts Receipts
Stocks
since
Sept. 1, 1896, to since
Dec. 31.
Sept. 1, Sept. 1 G reat
France. C onti­
lo ta l.
L ee. 8L 1806
n e n t.
1895. B r ita in ♦
1896.

B a l t i m o r e ..........
P h i la d e l p h ia . ..
S a n F r a n c i s c o ..

§

o

N

G a l v e s t o n ............ 1,045,797 674,511
69,758
68,775
T e x a s C Ity .& c.
New O r le a n s . .. 1,4"4,742 1,109,199
M o b ile ...................
199,512 131,219
19,380
47,586
F l o r i d a ................
S a v a n n a h ............. 619.285 623,709
84,713
B ru n s w ic k , <fcc.
C h a r le s to n .........
317,745 210,493
37,657
P o r t R o y a l.& c
62,842
W il m in g t o n ........ 205,110 134.618
612
W a s h l n g t ’n.&c
68S
N o r f o l k ................. 561,064 184,822
11,912 187,674
N e w p ’tN e w s.& o .
19,003
32,961
' # w Y o r k ............

99,615
30,964
23,848

67,782
18.337
22,827

511,488

129,168

485.845
85.186
30,721
40,768
07,601
08.783
51,101
95,431

246,432

122,368
5,850
141,241
127,718
45,532
6,50*3
93
1,888.137

T o t a l 1896....... 4,023,253

15,341

180,019 820,675
18,169
13,169
297,407 1,029,434
7,927
93,113
4,372
35,090
820,4 55 282,564
71,409
3,865
138,903 207,740
51,101
87.371 182,802

5,200

28,250

11,925

35,855
1,204
34,029
849
18,721

3,862

155.833
5,850
242.032
128.052
83,203
6.854
18,814

198.994
8,341
470,032
60,499
101.002
0,831
49,014
10.780
87,491
2.535
292,754
34.000
19.949
0,935

65
1896.

T o t a l m a r k e t e d , a s a b o v e ___ b a l e s .
[ n te r io r s to c k s in e x c e s s o f 8 e p t. 1 .
T o t a l i n s i g h t .......................

1895.

1894.

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

4 ,3 6 8 ,6 4 3
5 5 3 ,U 00

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

6 ,2 9 7 ,7 6 4

4 ,9 2 1 ,6 4 3

6 ,9 4 9 ,4 8 8

This indicates that the movement up to January 1
of the present year is 1,376,121 bales more than in
1895 and 651,724 bales less than in 1894.
As it will interest the reader to see what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
3how s the movement for the last four seasons.
M onth*.

1896.

1895

1894.

1893.

S e p t e m b e r ...............
O o t o b e r .......................
N o v e m b e r ................
D e c e m b e r ................

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

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

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

5 1 1 ,2 7 3
1 .6 3 7 ,5 5 5
1 ,7 0 4 ,6 0 8
J l, 6 1 3 , 6 0 3

T o ta l 4 m o n th s .
B a la n c e s e a s o n ..

6 ,2 9 7 ,7 6 4

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

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

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

T o t a l o r o p ..........

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

7 ,1 6 2 .4 7 3

9 ,8 9 2 ,7 6 6

7 ,5 2 7 ,2 1 1

W E IG H T

OE B A L E S .

411,719 1,127.98- 3,427,842 1.295,110

To furnish a more exact measure of the receipts up
to January 1 we give below our usual table of the
weight of bales. We give for comparison the figures
• G T eat B rita in e x p o rts in c lu d e to th e C h a n n e l.
Using the facts disclosed by the foregoing statements, for the same time in the two previous years.
we shall find that the portion of the crop which has
Sam e
8am e
F o u r m o n t h s e n d i n g D ec. 3 1 , 1 8 9 6 . p e r i ’d i n p e r i ’d in
reached a market through the outports and overland,
1894.
1895.
and the Southern consumption, siu:e S-ptember 1 this
N um ber o f
W e ig h t in
A verage A v e ra g t A v e ra g t
year and the two previous years, is as follows
P ounds.
W eig h t. W eig h t. W e ig h t .
B a le s .
T o t a l 1895.......

3,487,001

995,401

T o t a l 1891.......

5,246,648 1,712.511

284,056

883,342 2,102.796 1,128,612

402,71" 1,324.245 3,499.504 1,310,97

1896

1895.

|

1394

R e c e ip t* a t t h e p o r t s to D e o . 3 1 . . . b a le s . 4 ,9 2 3 ,2 5 3 3 ,4 8 7 ,0 0 1 5 ,2 4 6 ,3 4 3
5 4 9 ,6 3 0
d u r in g s a m e tim e
5 2 7 ,6 3 9
8 2 6 ,3 4 0

Net s h i p m e n t s o v e r l a n d

T o t a l r e c e i p t s ..........................................b a l e s . 5 , 4 7 2 , 8 3 3 4 . 0 1 4 , 6 1 3 6 , 0 7 3 , 4 8 8
s o u th e r n c o n s u m p tio n s in c e S e p te m b e r 1
3 6 2 ,0 0 0
3 5 1 , 0 0 0 j 3 1 8 .0 U 0
T o t a l t o D e o . 3 1 .................................. b a l e s . 5 , 8 3 4 , 8 8 3 4 , 3 6 8 , 6 4 3 6 , 3 9 1 , 4 8 8

T e x a s .....................
U r a t s i a n a ..............
A l a b a m a ..............
i e o r g i a * ................
to u ttl C a r o lin a .
T l r i r t n l a . . . ..........
N o rth C a r o lin a .
Te m e a a e e , & o ..

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

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

52879
5 0 9 -6 5
505 00
4 8 5 -1 8
486*44
481 05
49000
498*70

526*92
5 1 2 -8 1
499 00
4 8 4 13
4 8 3 -2 7
484*63
4 9 0 -3 7
500 00

538 0 0
5 1 5 -9 2
512*00
493 71
4 9 3 -2 6
493 33
4 9 5 -5 4
498 80

The amount of cotton marketed since September
503*25
2 ,9 3 3 ,8 1 2 ,2 4 2
5 0 2 81
5 0 9 81
T o t a l ............... 5 , 8 3 4 , 8 8 3
1 in 1896 is thus seen to be 1,466,240 bales gre iter than
■ In o lu d ln k F lo r id a .
in 1895 and 556,605 bales below the total for 1894. To
It will be noticed that the movement up to December
determine the portion which has gone into the hands of 31 shows a decrease in the average weight as compared
Northern spinners during the same period we have with the same period of last year, the average this year
prepared the following:
being 502-81 lbs. per bale, agaiust 503-25 lbs. per bale
Total receipts to December 31,1896, a s a bove ......... bales. 5,831,883
for
the same time in 1895 and 509-81 lbs. in 1894.
Stock on band commencement ot year (Sept. I, 1896'
A t Northern p o rt s ............. ........... .
70,990
At 8ontbem ports................. ........... 151.688
At Northern Interior markets...........................

DRY
222,678
4,056

226,731

Total supply to Deocmber 31 .1 8 9 6 ................................. 6,061,617
Of this supply there has been exported
to foreign ports since Sept. 1,1896..3,127,812
Less foreign cotton In clu d ed ___ bales.
13,703 -3,114,139
Sent to Canada direct from West
....................
10,277
Burnt North and South........ . .......... ........ . . .
2,133
Stock on hand end of month (Dec. 31,1896)—
At Northern p o rts .............. .......... . 353,638
At Southern p o r t s ............................. 911,478-1,295,116
At Northern Interior markets........ .
5,639- 4,757,309
Tot. takings by spinners since September 1,1896.................
Taken by Southern spinners...................................................
Taken by Northern spinners lace September 1. 1396.......
Taken by Northern spinners same time In 1895............. .. .
Deorease In takings by Northern spinners this year, .bales.

1,301,308
362,000
942,308
986,599
11,291

The above indicates that Northern spinners had up
to Jan. 1 taken 942,308 bales, a decrease from the
corresponding period of 1895 of 44,291 bales acid a
loss from the same time of 1894 of 434,846 bales.
A M O U N T OF CROP N O W

IN

S IG H T .

In the foregoing we have the number of bales which
has already been marketed this year and the two
previous seasons. An additional fact of interest is the
total of the crop which was in sight on January 1
compared with previous years. We reach that point
by adding to the above the stock remaining at that
date at the interior towns less stock held by them at
he beginning of the season. In this manner we find
the result for three years on Jan. 1 to be as follows :

GOODS T R A D E

D U R IN G

DECEM BER.

The market during D jcemOer proved thoroughly dis­
appointing. The demand which failed to make its
appearance in November, as the outcome of the elec­
tion, was expected to materialize before the end of th e
year, but business instead of improving shrunk within
even smaller dimensions so far as home trade was con­
cerned, and a decidedly poor month’s returns have
been recorded. The course of the cotton market has
been a hindrance rather than a help, the print cloth situ­
ation has hung like a cloud over all departments, and
serious financial troubles in the West have caused dis­
quietude and extreme caution. A good export demand
has been a redeeming feature and brown goods affected
by it have ruled firm, while other brown goods, bleached
cottons and coarse colored cottons have been very
easy to buy, although not quotably lower. Printed
fabrics have sold moderately; fancy priuts opened at
5c. for spring—3ume price as last season. The ging­
ham market has been dull throughout with dress
styles in all grades in very indifferent request. Print
cloths declined £c. for regulars, with a very small busi­
ness passing, and odds fully as much, with moderate
sales. The month closed with enormous stocks of
cloths on hand and the market, so far as regulars were
concerned, purely nominal. Print cloth manufacturers
are endeavoring to sell a large quantity of cloths abroad,
and failing that, may adopt a pooling arrangement to

THE

66

CHRONICLE.

o v n \ in 1895. T h e ex h ib it in d etail foe 1896, co m p ared w ith
1695, is atsjfollowM •

• l o c k o a t h e b » » u o f ’i f o . t o r r e g u l a r s a n d

|| © M

fVoL. LXIV.

it d o w n p ro d u c tio n o o * - th i d .

YftAlU

IKHNL

s
IK

1IKWrtn-d 1805.

1894

L a o j *•<* » A m ort can Lin on C o...
L**»' ]■jf'lA’s* O attn C n w
H» u*b» M u n a f a r ’n
tow > >«# t n d f , euvAtr] 3 y 3
: fsa^f-rr
iU rn a rd M g Q ttL o ’K Co—
etatks. Hand o in g ;
*\m*
MM'
llnrdo** C ity M »u f ‘2 C o ...
s
J;di.og 6AxtH ard k t t m t i n g i
*^4*^*
L.
B ourtte MLU
Ctt^oo V lllli.........
ti i* li
;8
58 j i
%3 7*;,
Otmsmi tu vim *.
48
88
5%
O orooll H ills.
1 !
-8
5 s j S iI ft 1j 3** i
88
5%
88
fhm >l Mill*
|i
ifw
1^
jjI ft
3
ra m M ills . . . . .
ft fj
88
f t*
98
i* ii
[S
4□ ?%* t% i
Qiofeo Y arn Viill*
58
| ft ||
88
^ a i#
4%
%□ t%* 3 S
Sk* | ft
U ro n ito M ill* ....... .
1 |L
88
ft*
88
e <t •: S
l\u
Mortem*-os M ills...
58
4%
f . 7 •«( - 8
88
t» » .|
58 ! *5*
K orr T h ro ad Ct»__
Km*r P h ilip M dt*...
i - f»fe* 3*4 1 9*9
- •
I*
58
U ttr o l Loko M ill*..
i[ ft
!■
88
’ * V * ft*
&■J T*m *S f *8 1 h
M ochaitles* M ill*...
58
1 ft i; » 8
58
»*•
l&J t
1 8 1 58 1
M ofchoni#r M o n n ^o c^ Oo.
58
S8
8 ,i
a*
If J t
:1 S l! ft u
M o la c n a o t M ittiT g Co....
58
3N»
$%
»**
58
i f .. : 7
38
58 1 S 1! 5
N orm tm nantt M ill*.»«..»*..
68
58
f t*
ftunnrij H i l l * . . . . , . . . . . . . . ..
58
68
"ft'** ■
P a r k e r M ill.
.....................
88
S ‘ ts
*S ■ 5 8 1i a
i t .. 08
P.icosso M a iu f a c f tf C o ..
:5
i% « 1 1, 7 8 : 5 8 i| a
5*8 58* R inrm rd B o rd en M’r ii C o .
5
;i & ii $ * t t S*!» 5 8
i# J
38 j 48
Hobos -n M ill*...
58
.•■8
58
i t J *»*u! - 8
s
if f * |« 3
6 8 i[ ft
Aotmmore Mf«e.
f;v*c.v.:.
3
98
t>\
1&
88
I* 4
3 8 ; 58 ! ft
S an fo rd S p in n in g Co .
58
3
58
S8
19 v-J
j; ft i 5 i*
i*i4
**
B
aad?onnoi
o n n o t M ills...
| «•,* ,,|l * « * J 3
58
88
88
8hoy«i
^hovo M
vi il
Usl
m -f i** *11* , - X i - J
8l»d« Mills..
3
68
88
8
*»,. 68 i ft
j 5
88
it ,
Stafford M ills
5
7 '* . !
m . J C% S **i« 1 58 i■ ft
Steven* Manafaefcttf’g Co.
S5
3*
tM- . 88
58
5 8 "6 8 *
2 t« 58 ; ft
r»*camseh M ilL .............
3
58
88
**.
»♦,, 5 8 i ft ! ft
58
T ro y C o t. M W M frf. C o,
f# ,
. 11..
..
U n io n C o t to n M’f V C o .
m i t .*
W a m p an o ag M ills ......
<58 .5 8
r*.w,
j .... -j : : : : : '! 7 ’,
58
VYeeuiiiioe M ills.........
58
; 58 ! 98
t 78
j 5
m J 6"‘'i« 8 8 . 5 8 | 5
58
' 58
58
T o t a ls ... . . .
.. .
m .1 « « w 8 8 . 58 : 5
!6
..........
ft
)
m . , «•'!» 3 8
58*
58 : 5
, 8 8 I 58
* In o ln d tn a f a n e x t r a d i v i d e n d o f 5
s i .. <*V | i%
t 'i n c a d l a l o f *l»»0 0 n>.
t On
! 58 ! 58
S% ft I 5 I
58

1 %***
1

***9 :

H

£

t« >

!wr i

*iw r« jirnyw *p»—For cotton, low middling uplands a t New
. gc :
tnaaiitaotitret*' oat prides; !or stuwctnga and
•

;w

'i

l ■

.

Iia .’ .ju r it o r 5

o » o t,* to < -p t w lw a o th e rw is e e t* t« d ; B o a tb e r a s t e a l i n g s ««<•

DIVIDENDS IN 1S96.

F .4 I X K i VJHB M JX f,

Tho d tri ioad record, of th e Fall River co tton-m aoufacruring
eorp>r»u « « for the d o sin g q u a rte r of 169 i has been slightly
m ore fa.- rab!- th an th a t for the preceding qu trte r, but lees
•au»factory th an in the corresponding q u a rte r of 1895, Of
the thirty '. van com panies included in o u r sta te m e n t eight
have p u w t th eir dividends this q ja r te r , an d all but fo u r have
•li'tr.r .!'.•>.! It-as than in th e sam e period a y ear ago. The
V ,:•• run n u t paid out for th e fo u rth q u a rte r of 1896 has
beau kivti.Vs-i, or a a average of 1-39 per cent on the capital
la Iso". | i i t,7M was distributed d u rin g th e sam e period, or
an avt-rage re tu rn of 3-07 per cen t; b u t ia 1891 the am ount
l*»3ii a: iva* only $345,4o0, or an av erag e of 1‘20 per cent, and
is ld<3 *bs.r.rht»ldc-rs received in th e aggregate $100,430, or 1-93
p*>r cent on th eir holdings. The details for the fo u rth q u a rte r
a r e m folk)**:
m .^ U n d t

18*0.

D i v id e n d *

1885.

Capital
P. G. A n tm n l ,
SWW.tM/i 1 I
fs,000
*00,OO©§, ,H o !4 lfM en d .
L j# © ;div id en d
iH i
15,00

•*$r>*A*f U»uUS’* t

piuftMMNS MmAar# *

m$s*m * i

in,Q0fi

40I.OO 2 )

H/M*

fpci.ftOB t,**|
'%€»>* lil

i5,ooo
12,0011

Wi
7,000
ISO,0001. aNo ?d iv id en d .

..

GottumSl Mi
S S m i Mu
mint u a*

MMOm t

a-.--' - t v
u

Xj

»h
** dooj
H M w im
is,
0W.O**j 1 I
5,0 k*
ao.ooo| ho!
u.tso
l I
4 «
d iv id e

U-i&M n»sn

SiHlA.,

I
8,000
t |
it.****
, ,U o d iv id en d . i

*

IM
1M
m
t
i

5;:7S

mmwm X t i

Ur.i

T r « f v -i a ^
* fV V..- .r-

WmMm

W mwimoa^m Mi,

►°*»

of *ai.ar8,ojo.

iH'H Icb® above rMn.lt.
r *>>!! '
iplM lilw rf In I
,
,
,
v
Ilk# fsitowtSS
' ' : ;„ " n u
ir.q.
r r „ ’ ,.m
'
r

,1 „

Z r tn t ^

»

i t w ill be observed th a t tw o mil!.., th e B aro ab y Mfg. Co.
and i he M etacom et Mfg. Co., h a v e follow ed th e co u rse p u rsued
in 1895, a n d have declared no d ividends th is y ea r, a n d th a t
seven corporations have m ain tain ed the sam e ra ta of d i.trib u tion as last y ear. Of th e rem a in in g tw en y -e ig h t m ills, a
large m aj irity—in fa c t all b u t e le v e n —have paid o u t less th a n
a y e a r ago, a n d in some instances th e d a c re is a is q u ite heavy.
To fu rn ish a m ore com prehensive com parison we have com ­
piled th e follow ing, w hich em braces th e y ears back to 1888:
,---------- C o m p a n ie s .— — v
N um ber.
C a p it a l .

Y ea r* .
U H 6 . . . . ......... ...................

37

1 8 .1 5 ...................
1 8 9 4 ..............
1 8 9 3 ...................
1 8 9 2 ................
1 3 9 1 ..................
1 8 9 0 . . . ............

P

1 8 3 9 ...................
1 3 8 8 . ................. ...................
1 8 8 7 ................... ...................

33
33

1 8 8 9 ...................

A m o u n t.

P . O.

$ 1 ,3 8 5 ,6 7 5

6 -1 2

2 1 ,8 2 9 ,0 0 0
2 1 ,1 7 8 ,0 0 0
2 1 ,2 7 8 ,0 0 0
1 9 ,8 5 8 ,0 0 0

1 ,7 7 2 ,9 2 5

8 -1 2
5 -2 5
8 '0 2
7 -5 2
4 -9 3

1 ,1 2 3 ,0 0 0
1 ,7 0 6 ,3 1 0

1 8 ,5 5 8 ,0 0 0

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

1 7 .6 0 8 ,0 0 0
1 7 ,2 0 4 ,7 0 0
1 0 ,1 1 0 ,2 0 0

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

762
9 -9 7
963
830
6 '5 0

The foregoing indicates th a t th e sh areh o ld ers iu th e P all
River m ills have received a poorer re tu rn on th e ir in v estm en t
this y e a r th a n a t any tim e since 1836, o n ly ex ce p tin g 1891
an d 1894,
As show ing th e relatio n this y ear’s d iv id en d s iu th e case of
individual m ills bear to those fo r a series of years, wa have
prepared th e follow ing, w hich em braces n in eteen of th e lead­
ing corporations. The in te n tio n is to com pare th is y e a r's
ratio w ith th e av erag e ra te per c e n t for th e p revious n in e
years:

7

G lobe Y arn M ills.. 3 *

6

Granite Mills..... 7 &14
King Philip Mills, 0 0
Laurel Lake Mills, ft'4 6
Mechanics’ Mills,., 7 6\4
Merchants’ Mfg.''o 0 7
Narragausott Mills
7
Osborn Mills....... 7 7
It, Borden Mfg. Co. 5!* 7
Sagamore Mfg, Oo. 5 26
Stafford Mills...... 8 8
Tecumach Mills ..
d)4
TroyC.AW. Mfg.Co 25 28
On.
Cot.
Mfg.Co...
»
11
**0,75- -131.800
Warnpanoag Mills. 7 8

i.b
, „
.
1-•’ thoyi for tlm m n e m o n th s
y
* -"-v W ' ;M2). we h av e
5 " ir '
Wni ^ 8600 th a t
' ",n _ “ k g r-g ate cap ital or

.------- D iv id e n d s . ------- .

$ 2 2 ,6 2 3 ,0 0 0

1 8 .5 5 9 ,0 0 0
1 8 ,6 5 8 ,0 0 0

*

7

Barnaby Mfg. Co................
Border C'y Mfg.Co. 7 17* 7
I Chuce Mills ........ 6^ 6
6

«> hi 2^

11,

»er c a n t f r o m r a n ! e s t a t e ,
c a p it a l o f #2 1 ,6 7 8 ,0 f i.
o i n c l u d i n g e x t r a d i v id e n d o f 1 0 p e r c e n t .
ft I n c l u d i n g © r t r a d iv id e n d o f
18 p e r c e n t .
e I n c l u d i n g e x t r a d i v id e n d o f 6 p e r c e n t .

Amor. Linen G o....

f t , ......

.000

-15.000
-?.'S 00
—13,750
—6H7.25Q

m

^

8
14
9
6

6 10
6
fl
5^
3
7%
6
9
6
7%
7
8
7

6J^
7
0
17
9
6

10

12

7)4

20
12
7

A m ra g $
9 year*
1892. 1891. 1890. 1839, 18S3. 1837. 8 7~’95.
7
12
7HJ 1
22X 1354 9X
9% 5
0
9H 6
8X 6
12
8
9 U
12
11
8
6
6
8
8
0 7-9
7H
8
8
8
8
8
8
w
10
13
31
24
23
17 15
7
7
6
6
0
0
0 2-9
6
m
10H 12
7 5*9
SX 0

a
7

....

sx

0

8

10

5

5
6

6

8
e

7

a
7
7H
7
13
12
6

5

0

5

5
8
12
1

7X

ox
7!4

0
7

8

0

6

0
0
11
12
8
17
21
13

8
6X
7X 1 0 ^ 18
8
6
9
8
m 10
14
24
20
10
20
30
9X 17
11X

bH
7X
6 7-18
0 4-9
0
10 5-9
8 1-3
7 1-10
18
15 8-9

8 2-8
The foregoing indicates th a t fo u r mills o u t of th e n in eteen
represented in th e table have m ade a b e tte r re tu rn th is y e a r
, o n th e cap ital invested th a n w as th e case on th e av erag e iu th e
precedlD« niQe
If, how ever, we should m ake the
com parison cover only th e y ears since 1890 it w ould be fo u n d

r h;,' i r 4 1f f * e750,° 189fl* th a t in
Of a tt r i b u ti o n h a , been
. gum it $1,773,9-5, or 8T3 per g reater th an w as the av erag e fo r th e six years 1890-1895.

THE CHRONICLE

J a n u abt 9, 1897,J

M E R C A N T IL E

F A IL U R E S

IN

TH E

PREPA RED
C O M M E R C IA L

BY

U N ITED
M ESSRS.

R.

STATES
G.

DUN

A

AND

T otal, 1895.

C A N AD A

IN

1896.

CO.

C L A S S IF IE D

F A IL U R E S .

T otal, 1896.

67

M a n u f a c t u r in g .

F A IL U R E S ,

T r a d in g .

1896.

O t h e r C o j I ’l .

B a n k in g .

St a t e s .

A s s e ts .

N o.

L ia b ilitie s .

N o.

L ia b ilitie s .

Liabilities.

No.

9

No.

L iabilities.

No. L iabilities. No.
9

L iabilities .

56
29
11
299
85
41

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

224
61
57
563
204
79

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

1 8 ,9 6 5 ,8 1 7

521
459
452

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

1 ,1 8 8
813
1 ,1 4 0

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

40
33
15

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

3
5
1

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

1 ,9 4 0
182
1 ,3 4 9

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

740
86
490

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

1 ,3 8 3
106
1 ,0 2 5

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

50
1
34

2 ,9 6 5 ,3 1 8
500
9 4 4 ,7 0 0

10

2 ,1 5 4 ,1 1 5

7

1 ,4 5 0 ,0 0 0

3 ,4 7 1

6 0 ,5 7 7 ,9 6 9

1 ,3 1 6
990
1 ,1 5 0

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

2 ,5 1 4
2 ,4 3 2
2 ,3 9 9

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

85
49
72

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

17
10
15

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

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

137
8
12
42
18
9
7
6
30
8
7
26
34
49

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

173
48
62
276
57
69
66
68
192
115
134
204
215
269

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

9
1
5
19
3
1
3
1
6

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

2
3

1 9 ,2 0 8
7 5 ,0 0 0

2
1
4

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

3
3
9

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

1
4
2
3

1 2 5 ,0 0 0
3 ,1 8 7 ,2 6 5
•27,000
4 1 5 ,0 0 0

2 ,3 5 5

2 6 ,1 8 0 ,5 0 2

393
275
293

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

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

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

63
25
28

1 ,9 3 8 .2 6 6
8 1 1 ,1 5 1
1 ,9 1 9 ,1 9 3

22
11
12

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

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

154
551
421

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

18
29
65

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

165
716
454

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

3
6
9

7 4 ,0 2 3
2 9 8 ,nOO
2 1 9 ,4 0 0

2
6
6

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

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

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

1 ,1 2 6

1 0 ,3 4 5 ,1 8 8

112
66
74

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

1 ,3 3 5
1 ,0 5 8
970

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

18
2
11

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

14
16
15

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

873
324
153
1 ,1 3 0
357

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

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

718
242
172
856
323

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

259
76
36
313
52

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

598
242
116
798
298

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

16
1
19
7

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

6
3
7
25
7

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

C e n t r a l ................
1895
■
1891

2 ,8 3 7
2 .3 1 1
2 ,1 3 3

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

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

2 ,3 1 1

3 4 ,8 0 0 ,3 0 5

736
524
484

2 5 ,7 0 5 .5 5 1
1 7 .4 4 6 ,0 6 7
1 1 ,4 2 5 ,6 7 1

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

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

49
41
36

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

48
10
13

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

C i n n u s s o t a ..............
* w a ..........................

345
408
180
235
23
40
56
8
16
98
20

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

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

311
304
234
234
46
56
41
10
12
138
30
9

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

32
42
10
15

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

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

2 0 ,0 0 0
1 3 ,0 0 0
2 5 ,0 0 0
7 5 ,0 0 0
5 3 4 ,8 0 0
500

2 ,8 2 3 ,8 5 9
2 ,4 4 9 ,3 2 6
1 ,0 2 1 ,1 7 7
1 ,0 9 4 ,9 6 8
8 5 ,5 5 0
1 7 4 j7 5 0
4 2 6 ,4 0 0
7 0 ,0 6 2
2 6 ,9 0 0
1 ,5 7 7 ,4 0 0
2 2 ,8 4 7

18
6

1
3
1
4
11
2

295
360
170
220
23
39
53
7
12
86
18

15
17
19
17
2
1
3
2
1
1

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

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

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

1 ,4 2 5

1 3 ,9 9 2 ,3 1 7

121
13S
148

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

1 ,2 « 3
1 ,2 6 8
1 ,3 0 0

20
12

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

37
31
119

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

219
18i
231

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

M a i n e .......................
N . H a m p s h ir e ...
V e r m o n t ................
M a s s a c h u s e tts ..
C o n n e c t i c u t .........
R h o d e I s la n d ...

239
90
68
881
296
125

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

N e w E n g la n d
“
1895
••
189 i

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

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

N e w Y o r k .............
N ew Je rse y —
P e n n s y lv a n ia ...

2 ,1 7 3
193
1 ,5 4 9

M i d d l e ................
«•
1895
“
1894

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

188
58
36
567
254
202

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

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

1 ,3 0 5

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

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

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

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

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

M a r y l a n d ..............
D e l a w a r e ...............
D . o f C o lu m b ia .
V i r g i n i a ................
W e s t V i r g i n i a . ..
N o r th C a ro lin a .
S o u th C a r o lin a .
F l o r i d a ...................
G e o r g i a ..................
A l a b a m a ................
M i s s i s s i p p i ...........
L o u i s i a n a ...............
T e n n e s s e e ............
K e n t u c k y ..............

319
57
79
337
78
79
76
75
228
123
141
233
252
327

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

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

■ o a t h ....................
M
1895
"
1894

2 ,4 0 4
2 ,3 5 5
2 ,6 2 5

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

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

A r k a n s a s ................
T e x a s .......................
M i s s o u r i ................

186
751
528

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

S o u t h w e s t ___
“
1895
"
1894

1 ,4 6 5
1 ,1 2 6
1 ,0 5 5

O h i o ..........................
[ n d l a n a ...................
4 i c h i g a n ................
1 l U n o f s ...................
W i s o o n s i n .............

f e b r a a k a ................
£ a n s a s ....................
O k l a h o m a ............
1 n d ia n T e rrito ry
M o n t a n a ................
N o r th D a k o t a ...
8 o u th D a k o ta . .
C o l o r a d o ................
W y o m i n g ................
N e w M e x i c o ___

299
68,
58
305
69
103
102
136
2L4
140
115j
199
273
274

W e s t ........... .........
“
1895
*•
1894

1 ,4 2 9
1 ,4 2 5
1 ,4 6 4

U t a h .........................
I d a h o ........................
A r i z o n a ..................
N e v a d a ....................
V a s h i n g t o n .........
> ’ « , { « “ .....................
J » l i f o r n i a ..............
A l a s k a ....................

181
83
5
4
149
178
685
4

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

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

167
85
2
1
160
216
573
....

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

P a c i f i c ..................
1895
1894

1 ,2 8 9
1 ,2 0 4
1 ,3 8 0

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

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

1 ,2 0 4

8 ,3 3 3 ,9 8 2

....

A g g r e g a t e ------ 1 5 , 0 8 8 1 6 6 , 1 5 1 , 5 i '0 i 2 2 6 , 0 9 6 , 8 3 4 1 3 , 1 9 7 1 7 3 , 1 9 6 , 0 6 0 3 ,4 1 8
2 ,6 3 5
1 8 9 5 1 3 ,1 9 7 1 2 1 .0 2 1 ,5 3 5 1 7 3 ,1 9 6 ,0 6 0
1 8 9 4 1 3 ,8 8 5 1 2 1 ,2 5 1 ,1 3 6 1 7 2 ,9 9 2 ,8 5 6
2 ,8 3 2
D a m .o f C a n a d a .
1895
“
1894

2 .1 1 8
1 ,8 0 1
1 ,8 5 6

N e w fo u n d la n d .
“
1895

22
49

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

1 2 2 ,0 5 3
1 ,3 1 7 ,1 3 0

1 ....

Ctearlags by rete£r.tpti.— 4alet •>! Stocks, Bonds, & c.—
S tojk Exchange Clearlng-B lu-te Transactions.—The sub­
joins 1 statement, covering the clearings for the current week,
usually appears on the first page of the C h r o n i c l e , but
on account of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It will be observed that as compared with
the corresponding week of 1898 there is an increase in the ag­
gregate of 9'0 por cent. So far as the individual cities are
concerned New York exhioiti an increase of 18'4 per cent, and
the gains at other points are : Boston, 20‘5 per cent, Philadel­
phia, 4 6 per ce n t; St. Louis, 20-6 per cent ; New Orleans, 2’4
per cent, and Baltimore, 28'8 per cent. Chicago records a loss
of 14-5 per cent,

9

3 3 ,3 0 0

1

$
5 4 ,4 0 8

19
7
5

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

1
1

2 5 0 ,0 0 0
1 8 0 ,0 0 0

t

1

7 ,0 0 0

_

....

9 ,7 7 3 ,2 3 9
9 ,8 2 3 ,6 3 9
9 ,0 0 2 .2 0 2

25
19
16

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

78
59

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

158
66
5
4
107
140
548
4

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

3
5

7 ,1 5 0
7 ,6 0 0

2

3 2 5 ,0 0 0

5
7
18

....

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

10
1
2
1

5 9 5 ,0 0 0
8 ,0 0 0
7 0 0 ,0 0 0
1 5 ,0 0 0

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

6 ,1 5 1 ,4 1 1
6 ,1 4 6 ,6 3 1
7 ,7 6 6 ,7 4 5

38
12
35

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

16
21
27

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

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

198
132
125

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

3
7
6

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

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

590
441
494

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

1 ,5 0 3
1 ,4 3 9
1 ,3 4 5

2
7

1 0 ,5 0 0
6 8 ,9 3 9

20
41

ll,3 8 l,4 8 2 j
9 ,7 8 8 ,9 3 2
1 1 ,4 3 6 ,2 5 8

25
11
17

9 5 ,2 2 4
1 4 1 ,5 5 5
2 8 1 ,5 7 2

i

2 1 ,0 2 0

1 1 1 ,5 5 3
1 ,2 2 7 ,1 7 1

....

Week. E n d in g J a n u a r y 9

OLSAB 1NOS.

R e tu rn s by Telegraph.

—

1897.

1896,

P er C ent.

N e w Y o r k ............................. ........
B o s t o n ................................................
P h i l a d e l p h i a ....................................
B a l t i m o r e ..........................................
O h io a g o ................................. ..............
3 t . L o u i s ...........................................
N e w O r l e a n s ............ ....................

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

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

+18*4
+ 20*5
+4*6
+ 2 8 -8
-1 4 * 5
+20*6
+ * •4

S e v e n c i t i e s , 5 d a y s ...........
O t h e r c i t i e s , 5 d a y s .....................

$ 8 7 8 ,5 1 8 ,8 9 2
1 4 7 ,2 9 4 ,6 1 8

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

+14*0
+1*6

T o ta l a ll o itie s , 5 d a y s —
i l l o i t i e s , 1 d a y .............................

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

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

+12*1
-6 * 2

T o ta l a ll o itie s f o r w e e k ..

$ 1 ,1 9 5 ,8 3 2 ,7 7 8

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

_____ ± 2 1

c h r o n ic l e .

t iie

68

monthly deuifad •wtem ent o f

Abui NT SnUHp,
&-»»«-•
Cf
MSSIHl
fa ' p.i!
•qrperMd o f INJ1

l%A ¥ i

S « * Y ork S t f i u i u e i . h i* aS»o
Tna reaulta for tb e tw elve
#ra> j, , w ver, given below ami

Eh« iiUare* for the eorrwpoad-

• l!l«i

lt0&*
I 14wr*ff
. | 788’*#.

* - " > J ‘f/1

d64 60*3
uSt { « » • • « «
v frtJU.raU
3t)|| 5i.i'B
iim m e .X» |J5*,€*A
KK, ft** t* 494A t L*.«* ir.Ak -\i8s- T-i
fH6M.
.«* U *%tsu n.Y*
(pUt't tNMfc't*
42*0
It -ft*.
fei-a.s
#**■' * *KXKtb
§i$v
xti i\j i
|#M ilf
Km
M iJ KIt!*«»? ! £ *
av- ivswSSS'T*-,*
; » - -.a . M,»-■*.*
m m m « §» * * m :
m ] mm*
»
«M; ovtie j Wno.l'W.S
wrm~t tt§§A I®s*i
lid
i;j* a t tbe si".!if Bxebang* Cluarioii-Hous e
in n
*1, down to and including Friday, January
for January to December, inclusive,, in

t efatfti hi t itriia r for n below.
OUVMttHO s o w n t« tS S 4 0 ftO W *

* . , So! , o ;„ , o-ir *44#—■
— - Bheti r

*****#%#944*. ttA ft til.-

*.*? *" ;•
*

ti

r
Sp-~
HA:?,..,
*
...

*s? ••. .-

i
§

«,,

!• »*—

mmm W6

&Wfr.v,

■

if
I

V alu« t h a n f O ta*. Q u a r t A

«
*
0i,?iXMM>0 MSf.iO© 6.454
6.618
1.135.600
8^400^009 tm io o 6,540
$4,60@«#fiW3 M9MOO 6.454
|fcfMU69 *.167.?00 7,891
u r i t i &MO0,009 1.644.600
8.101,100 HS
%Uh.mm
'.* .
*,7£>S
. • !,m s «
§ ?4t,IJ90
E,f*W3 0,75*
Sll&7£00 usjkkmko JU673.S0O
ijs «M
2.6tS.IOO
«:S»
91.400,000
5 ..
i.lia.500 6,878
V -C l./ 0
|#4Cf
7
0
0
1,616
,6
0
0
.6
0
0
50
234,800
7
8.037
I«• X4jMNkt9MM

W»8

Si.* .

tfLf#
1.8 >6.600
Mi&K*
SJ& k& * *00 IM 1,600
*W4/*‘*4W 2.4AM30
*? M&M40
1,604,100
■
IJ 1301,700
1,65^1*00

8 Jr* » W

MiMK*

id ■'<

#4y

1314.0M

1 1 .747.^000
*iSm
*%tm r & im .
«
»»»T1ms.
4 ,,
m 6 . . 3 0 1 ,tOO S90*000*000
1
.9
0
0 ,0 0 0
■**
3 # £ 3 0 l0 0 0
**
m t7Q jCM>0
m §¥* 4 1 9 ^ 0 0 8 7 ,3 0 0 ,0 0 0
1

T c f w k. 2 ,t» 9 ,7 9 0 1 3 0 ,0 0 0 .0 0 0 3 9 3 ,9 0 0
W » ;* » tr» 4 .1 3 5 ,1 0 0 3 4 9 ,4 0 0 ,0 0 0

B Y

1,445,000
1.864.400
1,463,800
1.333.300
033.800
1.828,600
1.806.300
t.600.800
1,024.000
1,407,300

• I

6,40#

6 732
6.367

6.000

6,288

7.171
6.863

m j ^.oao i,efta.ooo
86.600.000 i.310,500

8,310

0,578

1,133,9 JO.COO 17,349,400 78,736
<— ’- —B alances, m m aide.
■
- n Sheets
Shares, Value Shares. C ash. C leared
i
»
293
6 0 ,3 0 0 3 ,3 0 0 .0 0 0 3 6 ,7 0 0
272
4 4 ,9 0 0 2 ,8 0 0 ,0 0 0 3 0 ,9 0 0
01*000
2 BO
4 8 .0 0 0 2 ,5 0 0 ,0 0 0
292
5 9 ,2 0 0 3 , 0 0 , 0 0 0
3 5 ,7 0 0
300
0 0 ,0 0 0 3 ,3 0 0 ,0 0 0 3 8 .2 0 0

"f'm*

F A 1 L V U IS

1^,400.090
l06.JJi.OOO
1 1,000,090
48.«O0,0OG
OO.loO.OOO
85.8iHl.000
107,600.000
69.600.000
86 700,000
IMJKXMMM

1 4 ,5 0 0 ,0 0 0 203,1**0
3 3 .9 0 0 ,0 0 0 4 5 2 ,8 0 0

B R A N C H E S

O F

1.487
1,573

TRA D E .

Ih v ii ik»« i{}»: ti* a roror«I of th e failures for th e last three
y**r* Lr bacxfa*^ of trade a# com piled by Col. W . M. Groar tn o r for R. G« Duo & Co,
rAJtVHM S-TATIST1CS fif URJt3f0H.ES OF BUSINESS.
Vi a a,
1805.

tr««t i
M iah

W** -j

Mpr LimMiiu&.
T
Mix,,! 314 aMi im
1m *-,7&S
rooili
Sh
i ■
f>7
im 16,11#
*T
olH
' iM i &xi
Jfli;
m
Si 4 3,435Hk\
msmt | 3.S9- 4,5*7
vm S.t'Mh»S&
l ’■
bode

No. \t4abUUUs. No. L4a2itK6cc«.
f
4,114,284 216 &,8^0.383
pm 3.S6n,Cfiio 100
.
2,200,8
60 2,5«2.109
m 1.315,27ft
4ft 3,231,075
6,084,276 314 6,097 65ft
A
310
001
50
im\
124 £82009:
m \ 3,7W,8-.H' 146 1,578,420
xml ir m jm
103 t, OS1.108
345
167 3,71ft 135
J4t 7,001,8H 171 3.181,006
mj i,572,272 lift 2.705,'•Oi
#s
892 27,352,810
1*4,11 m m
*%<m\ 73,026,070
67,303,775
ItAM.
tjmn 3»*S43,333 1,804
i- . ■
2.IH*
i )Ad
4114
.':. ,&Mi :ia <XCHA,iJ*y m i 8,015.107
0.108.819
%Mvfi,4*1 um 0,770,4*0 mi 0.410.016
**i* lisyiin
mil 12J33J,7W» ms ijj.Olg.022
561 i.ms.ifti 656 4. ■IW.lOO
rm% Km
l**0 1,818,385
&JJI
im iSITMSt 406
73
471
i m ■A.nUim'S 4-« 4.365H
2.801,012
jrt*' %#4
407,37 JJ
’ ■A‘ imi .
231 1.805.10S
-, lAMSm
57 817,002
1tfjmi
1,4^1 ti jn *,100 Eft'*! 23,707,130
IIJRSt
3i$m 02,7**542^
0J.107.liH
tk tn j
: O,6<0,&64 275
!V S'mjh *f_*“2H 131,107*
•afiX M*JlSMl
*•ftrniL’ii •-* sir it
nrnnivj'j,* fomlHrr inola.0^
'

i-if

(40(41

Hi<75uO«*f «O lliii-ry

f«rU!lj'. WlflUOl %#W
1
Sn^lO'Se ®t»| v s0*3u Ii*drags,laMilog
"sfliwsf eita *■*»«'* irfe^S m \%m%« rmmgomA
f
s(**.ciOlorr, triijik*
ktf%'t . (Ijsb afjO

r i - s s « a j t 4rr

3 S R 5 S &

mfpmmAmt t i

WtEK-k. t ' — ■ t

I I ; ■>-. r l* « lit-

gr>*r:*rl*i« loet^O o m m ts
toe fttlp
carjifiJ *n0 curtain*;

* ^ W fl
•(*« j-«* a*t*l t
jjn-1 jewelry
1«
Bf oi - f # |Q d«.|« all i *( o c#ta«e, u>>te. Ifiaiir-ancy
**■«•* .«ul« »«#.!*%»* m mm ill# hi jW liw o f MUual produift*,
•a •** •.
~
*t)4
ter* poiitismnil ©neeatiii-

[V ol. LXLV.

H E to tte ta r g s to o m m e r c ta l^ u g lis M Ie tn s

[From our own oorroapondent]
L ondon , h o rsd a y , D ecem ber 34tb, 1896.
T h e w eak, w hich has consisted of b u t fo u r w o rk in g days,
has been n q u ie t one In all th e g re a t w holesale m ark ets
th ro u g h o u t th e c o u n try . Members of th e 8 ;oek E x c h an g e
have spent th e ir tim e very largely in p lay in g p ra c tic a l jo k es
upon one a n o th e r, an d th a gen eral asp ect of m a rk e ts is o f a
purely holiday ch ara c te r.
The d ay follow ing C h ristm as D ay is observed th ro u g h o u t
E n g lan d as a public holiday, all tb e stock ex ch an g es a n d
banks a n d the p rin cip al business houses being closed; b u t as
th e se ttle m e n t w ill com m ence on M onday n e x t, m em bers
w ill have to cotue back to to w n to a rra n g e th e contangoes.
T he acco u n t, how ever, has been a v e ry lig h t one, a n d th e
settlem en t is n o t expected to offer an y difficulty.
W ith th e n e a r ap p ro ach of th e tu rn o f th e y e a r th e re h a s
been a good dem an d fo r m oney, an d borrow ers even w ith th e
h ig h est c re d it have h ad in som e cases to go to th e B an k of
E n g lan d a n d pay th e fu ll official ra te of 4 p er cent. Open
m ark et ra te s v aried fro m i% to 3J^ p e r c e n t fo r d a y - to d a y
accom m odation, w hile th e ra te of d isc o u n t fo r th re e m o n th s
bills is ab o u t equal to th e la tte r figure. F or lo n g -d ated p aper,
how ever, th e ra te asked is a fu ll p o in t below B a n k ra te , p ro ­
vided th a t th e p ap er bears a n am e o f u n q u estio n ab le sta n d ­
ing. A lth o u g h it is now seen th a t w e c a n n o t e x p e c t gold
from y o u r side as soon as had been u n til re c e n tly looked for,
nevertheless it is g en erally felt th a t th e gold will com e early
in th e en su in g y e a r. The only serious d em an d lik ely to com e
upon th e L ondon m a rk e t in th e n e a r fu tu re is th a t from
In d ia, a n d it is n o t th o u g h t th a t tin s d e m a n d w ill be v ery
large. C onsequently ch eap er m oney is looked fo r all th ro u g h
tb e e arly m onths of n e x t y ear,
S urprisingly little effect was produced by th e a ctio n of the
S enatorial C om m ittee in th e C uba affair. P rices fell heavily,
it is tru e , on S a tu rd a y m orning, w hen th e decision of th e
co m m ittee becam e know n, b u t th e y recovered d u rin g th e
sam e m o rn in g , th e g en eral im pression being th a t in asm u ch
as P resid en t C leveland’s A d m in istratio n te rm in a te s on M arch
4, no action will be tak en u n til the new A d m in istra tio n com es
into pow er. M oreover, a lth o u g h of course im m en se q u a n ti­
ties of bonds a n d A m erican securities of o n s k in d an d
a n o th er a re held in th is c o u n try , th e re has n o t been for som e
y ears p ast now a n y activ e speculation i a these secu rities, a n d
consequently th ere is practically n o a c c o u n t of im p o rtan ce
open.
The prospects for th e new y e a r in th e sto c k m a rk e ts are
regarded as exceedingly good, b u t, as I said la s t w eek, th e
im pression grow s th a t we m u st h av e a re a l recovery in th e
S outh A frican d ip i r t m a a t b sfora business o n th e S to ck E x ­
change can become really activ e. Tha a ttitu d e of th a T rans­
vaal G overnm ent to w a rd th e m in in g in d u stry is g ro w in g
increasin g ly b enevolent, P re sid e n t K ru g e r a p p a -e u tly b.-ing
inclined to do every tilin g in his pow er to im p ro v e th e re la ­
tions betw een th e tw o w h ite races in th e T ransvaal. I t is a
notable fact, m oreover, th a t th e a rriv a l th is w eek of Mr.
Robinson a n d Mr. B arn au l a t th e G aps has been follow ed by
b uying of S o u th A frican securities in L o n d o n u p o n co lo n ial
account. The a rg u m e n t, th erefo re, is th a t e a rly in th e n ew
y e a r we m ay look for im p ro v ed business in ta is sectio n ; a n d
once this m a rk e t becomes activ e th e gen eral im pression i?
th a t th e a c tiv ity will spread. D a rin g th e y e a r n o w closing
activ ity has p ractically been confined to h o m e in d i u tr u l
securities, in clu d in g of course the issues of th e g re a t ra il way
com panies.
Motor c ars ow ned by priv a te in d iv id u als a n d driv en as p ri­
vate carriag es a re to be seen e v ery d ay in th e p rin cip al
thoro u g h fares, especially in tb e W est E n d . E x p e rim e n ts
have been m id e w ith a m otor c a r om nibus, an d th> tria l tr ip
was very su c c e ssfu l; b u t no vehicle of this k in d h a s y et
started to ru n reg u la rly betw een an y tw o g iven points. G re a t
in terest ia felt here as to th e possible developm ents of th is
m eans of locom otion. To p rev en t noise th e p rin cip al stre e ts
i s L ondon a re p av e d e ith e r w ith a sp h a lt o r wood, a n d in w et
w eather th ese roads becom e very slippery for th e horses ; tha
m ortality co nsequently is very g r e a j On h u m a n ita ria n
principles, therefore, m any people w ould be g lad to see th e
Lon Jon om nibus d riv eu by m o to r-car pow er, as th e horses
w hich d raw these vehicles a t p resen t a re w orn o u t ia a little
over th r o ; years. A co m p an y h as been fo rm ed fo r th e con-

THE CHRONICLE.

Jan u ary 9, 1897.J

69

IM PO R T S.
atruction of the machines, but a3 yet they can hardly be re­
1 QQQ
1896.
1895.
1894.
l m p o r t s o f w h e a t , o w t .2 1 , 7 9 5 ,0 3 0 2 2 ,3 8 4 ,5 6 0 2 0 ,8 2 7 ,1 2 8 2 0 ,3 6 5 ,9 0 9
garded as outside the experimental stage.
B a r l e y ......................
9 ,6 9 5 ,4 7 0 1 0 ,0 5 2 ,3 3 0 1 1 ,7 3 0 ,8 8 3
1 1 ,5 7 0 .2 4 5
The traffic returns of the Manchester Ship Canal show an O a t s ........................................ 6 , 8 5 3 , 1 3 0
4 ,5 9 5 ,9 4 0
4 ,6 5 2 ,3 2 0
4 ,9 7 4 ,4 8 8
8 9 7 ,2 8 4
8 9 0 ,6 9 6
9 9 5 ,3 3 0
increase of somewhat over 35,000 tons iu the sea-going tra f­ P e a s ........................................ 1 , 4 2 6 , 2 9 5
B e a u s .............. ...................... 1 , 0 8 4 , 0 5 0
1 ,2 )3 ,8 1 0
1 ,4 7 8 ,1 6 2
1 ,5 3 2 ,1 1 7
fic for the month of November last as compared with Novem ­ I n d i a n c o r n ......... ......... . . 1 9 , 5 6 5 , 6 0 0 1 3 , 1 9 7 , 7 8 0
6,99^,432 8 , 9 0 1 , 6 0 4
6 ,2 9 4 ,1 0 2
6 ,2 3 8 ,4 8 0
6 ,5 9 8 ,4 7 3
ber of 1895. The total traffic for the eleven months shews F l o u r .................................... 6 , 9 4 0 , 5 3 0
Supplies available for consumption (exclusive of stocks o n .
the sea-going tonnage of 1,357,000 tons, and it is anticipated
September 1):
that by the end of the year the traffic w ill amount to
1893.
1896.
1895.
1894.
o w t .2 1 ,7 9 5 ,0 3 0 2 2 ,3 8 4 ,5 0 0 2 0 ,8 2 ^ ,1 7 8 2 0 ,3 6 5 ,9 0 9
million tons. Unfortunately this traffic is obtained at bo lo v IWm hpeoa rt tism opfo fr lt oe du r, ...........
6 ,2 3 8 ,4 8 0
6 ,2 9 4 ,1 0 2
6 ,5 9 8 ,4 7 3
6 ,9 4 0 ,5 3 0
5 ,0 7 8 ,1 5 3
6 ,9 1 2 ,5 7 7
8 ,1 9 3 ,6 5 5
a rate of freight that the undertaking during the three years S a l e s o f h o m e - g r o w n . 9 , 6 0 0 , 0 0 0
o f its existence has been financially a ghastly failure. It was
T o t a l ..............................3 9 , 3 3 5 , 5 6 0 3 3 , 7 0 1 , 1 9 3
3 4 ,0 3 3 ,8 0 7 3 5 ,1 5 8 ,0 3 7
estimated when the canal was built that the tonnage during
1893.
1896.
1895.
1894.
25s. Id .
26s. 9 d .
2 0 a . lO d .
the first year would amount to 3 millions; at the end of the A v e r . p r i c e w h e a t , w e e k . 3 I s . 3 d .
A v e ra g e p r ic e , s e a s o n ..2 7 s . 7 d .
2 4s. 7 d .
2 7 s . O d.
19s. 5d.
third year’s working, however, it will be seen that the result
The follow ing shows the quantities o f wheat, flour and
is only half that amount. For some time past there has been maize afloat to the United Kingdom :
very considerable dissatisfaction with the management of
T h is w eek. L a s t w e e k .
1894.
1895.
rs.
2 ,4 3 6 ,0 0 0
2 ,0 2 8 ,0 0 0
2 ,4 6 5 ,0 0 0
^ 2 ,9 3 0 ,0 0 0 |
the canal, and it isj hoped that ;very material changes in the FWl ohuera, te...................q
3 0 2 .0 0 0
q u a l to q r s .
4 2 5 .0 0 0
3 1 3 .0 0 0
3 9 5 .0 0 0
6 2 3 .0 0 0
8 3 0 .0 0 0
personnel w ill be made when the present managing director Maine.................. . . 8 8 5 . 0 0 0
retires in January.
E n g lis h
F i n a n c i a l M a r k e ts —P e r C a b le .
The follow ing return shows the position o f the Bank of
The daily closing quotations for securities, & c., at Londo n
England, the Bank rate of discount, the price o f oonsols, &o., are reported by cable as follows for the week ending Jan. 8 :
compared w ith the last three years:

Dec. 24.
£

£

O lr o o la i o n ..........................................
P a b ilo d e p o s it* ....................................
O t h e r d e p o s i t s . .................................
G o v e r n m e n t s e c u r i t i e s .................
O t h e r s e c u r i t i e s .................................
A 3 * e rv e o f n o t e s a a d o >ln..........
O o ln A b u llio n , b o t h d e p a r t m ’t s
P r o p . r e s e r v e t o l i a b i l i t i e s .. p. o.
B a n k r a t e ......................... p e r c e n t
C o n s o ls , 2 H p e r c e n t . . . . ..............
S i l v e r ....................... ............... ........
C le a r i n g - H o u s e r e t u r n s . ............

1894.

1896.

1896

20,274,490
9,451,244
48,407,984
14 930,249
26.015,700
34,158.131
43,032,321
68 13-10
2
4
10S«
110 13-16
80 7 -1 0 d .
30 1 .
133J3')2,000 114,030,000
£0.541.980
8,118,831
41.4QS.6t8
13,752,909
29.648,943
24.037,717
33,809.727

Dec. 27.
£

25.070.480
4,237,250
82,830,229
12.780,181
18.483,396
23,070,998
33,517,478
63 9-10
2
103 7-16
27 7 -1 0 a .
84,806,000

26,451.216
4,483,679
29,284,817
8,837,612
27,263.901
15,487,297
24,488,513
45 l i - 1 0
3
98 1-10
S lfe d .
84.806,000

The rates for money have been as follows :
Intereel allowed
r to r deposits t>v

O p en M arket H ate*.

e
T ra d e B ills .
B a n k Bill*.
cs
D iec't H at
L ondon.
-*
c
Stock A t 7 to U
Three F o u r
S ix
Three j F o u r | S ix
03 M onths Months* M ontha M onthe M onthe M onthe Bank*. Coll. Day a.
N o v . 37 4
D ec. 4 4
11 4
"
18 4
23 i

3)4*354
3)4
3)4
3)4
3)4
3)4
3)4
354
3*6^3* 3 H ® m

354
*
1
a
S.H
t
I 214
! 2«
3)4
3 ®3>4 3J4
254
35V&H 354(83-4'
3
354®*
354*54 3 * 8 1 8 3(83)4
354

3

2)4
2)4
8)4
2)4
214

3)4
254
254
3)4
3)4

2)4
2)4
3
3

i 2JK®2 15-18

• J 8 £ 3 3 7-18

The Bank rate o f disoount and open market rates at the
chief Continental cities have been as follows:
Dec. 23.
H ates of
In terest at
P a r i s ....................
B e r li n ................
H a m b u r g ........
F r a n k f o r t . ........
A m s te r d a m ....
B r u s s e l s ..............
V i e n n a ...............
8 t. P e te rs b u rg .
M a d r i d ................
O o p e n h a v e n ..

Dec. 11.

Dec. 18.

Bank
R a te .

Open
M arket

Bank
R a te.

Open
Market

Bank
R a te

Open
Market

1
6
5
6

IH

2
6
6
6

9

m

6
6

6
6
6

tH

»H

2J1
8*
4

8
4
€
6

i

4
4

3%
8
4
6
6
4

2)4
4

bU
4
4

8%
8
4
6
6
4

8
2*
SH

s ’4
4
4

D ec. 4.
Bank
R a te .
2
6
6
6
8%
•
4
0
6
4

Open
M arket
1W
04
*>4
»)4
8%
2M
3k
6%
4
4

The quotations for bullion are reported as follows:
G old.

D ec.

D ec.

S il v e r .

D ec.

D ec.

L o n d o n S ta n d a r d .

23.

17.

L o n d o n S ta n d a r d .

23.

17.

B a r g o ld , f ln e ....o z .
B a r g o ld , p a r tin g .o z .
B p a n i s h . o l d ............o z .
N e w ..........................o z .
U . S. go*d c o in ...o z .
G a r m m g o l d o o i n .o z .
F r e n c h g o l d o o i n .o z .

1. d .
«. d .
7 7 11
7711%
77 11% 7 7 1 1 %
7 6 0 % 7 6 1% ,
7 6 1 % 7 6 2 %;
7 6 5% 7 6 7 % ’
7 6 3% 7 6 3%
7 8 3% 7 6 3%

d.

d.
B a r s i l v e r , f i n e . . .o z .
B a r s i l v e r , c o n t a i n ’#
do
5 g r s . g o ld .o z .
d o 4 g r s . g o ld oz.
d o 3 g r s . g o ld .o z .
C a k e s i l v e r .............o z .
M e x ic a n d o lla r s .o z .

30

30

30%
30%
306! 8 30*,
30%
30%
323e
323a
29%
29%

Tho follow ing Shows the imports o f oereal produce into
♦he United Kingdom during the first sixteen weeks o f the new
■eaaon compared with previous seasons:

M on.

2 9 ‘ 3 16
S i l v e r , p e r o u n c e ......... d .
1 1 1 1 3 16
D tm s o ls ., n e w , 2 % p . o t e .
1121i «
F o r a c c o u n t ..................... 1 1 2
F r 'o h r e n t e s ( in P a r i s ) f r . 0 2 4 7 % 1 0 2 - 5 0
A to h . T o p . & S a n t a F e .
1 4 ic
14%
Do
do
p ref.
5734
5734
C a n a d i a n P a o i f l o . . . ___
C h e s a p e a k e & O h i o .........
16%
16%
O h io . M i l w . & S t . P a u l
75%
75%
D e n v . & R io O r ., p r e f . .
x42%
4 2 3-4
E r i e , c o m m o n ..................... 1 5 %
15%
1 s t p r e f e r r e d ................... 3 5 1 4
35%
I l l i n o i s C e n t r a l ................... 9 4 %
9 4 %
157
157
4 9 %
L o u i s v i l l e & N a s h v i l l e . 4 ,9 3 s
M O x ic a n C e n t r a l , 4 s . . .
x68%
70%
S fd . K a u . <fe T e x . , c o m . . 1 3 %
13%
N . Y . C e n t ’l & H u d s o n . 9 6 %
96%
N . Y . O n t a r i o <k W c s t ’n
1
5%
15%
N o r f o l k & W e s t ’n , p r e f .
17%
17%
2
3
%
23%
! Do
do
p r e f .*
33%
P e n n s y l v a n i a ...................... *53%
5314
P h lla . & R e a d ., p e r s h ..
14*4
1334
• o u t h ’n R a i l w a y , c o m . .
9 %
9 %
P r e f e r r e d ............................ 2 6 34
27%
y s9
O n i o n P a o i i l o .......................
9 %
W a b a s h , p r e f e r r e d .........
15%
16%

i i l ' he

F ile s.

W ed .

Thun.

2934
29%
111%
1 1 1 3 IS
111%
lll« ie
0 2 -4 2 % 0 2 -5 2 %
14%
14%
23%
24
57%
58%
16%
16%
75
76%
43
42%
1538
15%
3434
35
94%
9 7%
157
157
48% ,
50%
68%
63%
13%
13%
96 %
97%
15%
15%
17%
17%

333a
%
13%
9 %
20%

95

9%

1534

95

157
5038
: 68%
14%
96*
15%
1 7 %

50%
68%
14%
97
15%
17%

34%
53*4
14
9 %
27%
9%
16%

34%
53%
13%
9%
27%
9%
16%

33%
53%
13%
9%
27%
10
16%

5 3

F r i.

2 9 n l e 2 9 1 1 ,8
H I D ,, lll» ie
111%
111%
1 0 2 -4 5 1 0 2 -5 5 1
14%
14%
24%
24%
57%
57%
17%
18%
7638
76%
42%
43%
153a
15%
35
35%

* V o tin g t r u s t r e c e ip ts .

Cfcrmmcvctiil auct ^ tts c c lla w e a u s |£ eurs
U O V K R N M E N T R E V E N U E A N D E X P E N D I T U R E S . — Through th e
oourtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details o f Government
receipts and disbursements for the month of December. From
previous returns we obtain the figures for previous months,
and in that manner complete the statement for the calen­
dar years 1898 and 1895.
R K o m rT S (0 0 0 8 o m it te d ) .
1890.

Cuetom s.

*
t
17,875 11,170
Feb.... 13,900 10.807
M a rc h .
13.344 11,536
A p r il... 11,200 11,202
M a y .. . . 10,050 11,660
June... 11,352 13.352
J a ly ...
12,157 14.303
A uk ..
12.830 11,961
Q e p t .... 11,374 11,079
O c t . . . . 11,251 18,476
N o v ___
9.930 13,105
D e c ___ 10.779 13,199
12

1895.

N .B k .
I n te r ’i RetV p . M isc’> Total.
R ev'u e F und. S rces

J a n ........

m o s. H fl.O U 147,345

8
433
992
311
178
235
1,314
370
23
00
89
958
1,222

»
2,391
1.341V
1,161
2,083
734
3.090
2,509
1,271
1.531
2,538
2,175
1,879

O u t-

tom s.

t
1
31,375
17,000
27.051
13,335
20.382 1 14.930
24,729
12.3C9
23.46»l 12,475
29,108
12,130
29,309 14.077
15.039
25,68.
24.050 11,054
27.353
14,347
20,108 11,155
27,079
12,100

N.JSk.

In ter' i
M isc’i Total.
Rev'ue Fund. ffrces
1

0,117
8,860
9,855
11,010
10,754
11,811
12,898
12,172
12.260
13,701
13,040
12,761

0,221 22.708 322,348 165,420 138 292

d is b u r s e m e n t *

J a n ........
F e b ....
M a rc h ..
A p r il...
M a y .. ..
J u n e ...
J u l y . ..
A u tr ...
f le p t ....
O c t........
N ov—
D e o ..

*
1,100
213
514
700
414
383
182
856
470
487
610
802

1
1,875
e9H
686
2,457
2,043
1.074
2,094
1,142
030
1,010
1,491
1,309

*
29,698
23,101
25.985
20.842
25,686
25,998
29,251
29,309
28,026
30,208
20,590
26.651

5 863 17,770! 327,351

iO O O a o m i t t e d . I

1896.

Messrs. Pixley & Abell write as follows under date of Dec­
ember 23 :
G o l d —T h e r e i s p r a c t i c a l l y n o d i m i n u t i o n I n t h e d e m a n d , a n d a l l
a r r i v a l s h a v e m e t w ith r e a d y s a le fo r t h e C o n tin e n t a n d I n d ia . T h e
B a n k h a s r e c e i v e d £ ;5 ,O u O in s o v e r e i g n s . A r r i v a l s : S o u t h A f r io a ,
£ 8 9 ,0 u O ;
K iv e r P la te ,
£ 7 6 ,0 0 0 .
S h ip m e n ts : B o m b a y , £ 2 5 ,0 0 0 ;
M a d r a s , £ 1 ,5 0 0 ; C a l c u t t a , £ 1 2 ,0 0 0 ; t o t a l , £ .3 8 ,5 0 0 .
S ilv e r - S ilv e r re c e d e d to 2 9 % d . o n th e 1 8 th , a n d a f te r r e m a in in g
w iih o n t a lte r a tio n u n til to -d a j h a s a g a in h a r d e n e d to 3 0 d . S u p p lie s
h a v e n o t b e e n la rg e . A r r iv a ls : N e w Y o rk , £ 6 7 ,0 0 0 . S h ip m e n ts :
B o m b a y . £ 1 6 8 ,3 0 0 ; H o n g K o n g , £ 5 ,0 0 0 ; C a lc u tta , £ lO ,3 0 v ; to ta l,
£ 1 7 3 .6 u 0 .
M e x i c a n D o l l a r s —T h o m a r k e t h a s h a r d l y b e e n s o g o o d f o r t h e s e
o o in a n d 2 9 % d . is t h e n e a r e s t p r ic e . A r r iv a l s : N e w Y o r k , £ 3 9 .0 0 0 .
S h i p m e n t s : P e n a n g , £ 1 0 , /O U ; S i n g a p o r e , £ 5 . 3 0 0 ; H o n g K o n g , £ 2 , 0 0 0 ;
t o ta l , £ 1 7 ,5 0 0 ,

S a t.

London.

1893.

Dec. 20
£

1895.
N .B k .

Ordin a ry.

P enI n - Ited'v. T o ta l
sions. terest. F u n d

$
15,423
12.104
14,892
13,780
12.803
13,08#
22,277
20,868
14,671
18,6“8
16,886
11,893

1
9,907
12,317
11,710
10,078
12,8)4
11,300
13,101
12,39^
11,480
10,346
13,179
11,431

*
*
0,985 1,119
2.268 1,103
072
912
084
5,141
2,820 1,115
458 1,119
0,710
783
482
2,938
423
451
6.C33
461
3,197
888
488
890

1
33,494
27,85V
28,18<
29,68
29.541
26,5 Hi
42,87
80.184
27.< 80
34.429
34,149
24,702

Ordi n a ry.

P enI n - N . B k Total.
aions. terest. Fund.

$
17,381
11,795
13,848
15,484
13,900
11,181
18,485
18,437
13,316
17.434
12,865
14,125

10,034
12,380
11,023
11,980
12,902
10,204
12,755
12,302
10,708
11,891
12,235
11,867

*

»
*
1
7.988 1,414 36,937
1,521 1,350 27,055
260 1,276 27.007
5,520 1,090 34,080
1,751 1,278 29,837
208 1,229 22,912
7,308
974 39,622
1,846
047 33,235
290
930 25,255
5 ,ie s
599 35,092
2,099 1,099 28.208
822
919 26,733

1 2 m n « .'187,131 140,115 37.1*8 10 .0 0 0 374.685 178.257 140,407 33.480 12.819 304.063

fH E

70
C *»*

Kxroar* ako im ro a rs o r arsons at a«w ro a x .

t* L «»i*l
» » S arto * u . B ank N o te s to
rv." GruntdroUMr a t th* O um BCT ha* furow bea
.« tn e *ho«rt«< ih* m m m oto o f ae tlo o e l bank

J

m si*.-

# 2 8 5 ,3 1 3 ,1 0 3

* I »•- j -p -t W e l« 163*6 *♦*
ir*Wr**$ 4 m is g

• l.! 6 t,4 # 0
0 0 0 ,1 9 2

►**-**-.

354378

. . *«*

#235,575,381

-»
J*YtWI'***^ siftl|i£NSAl bUftB
S>wre«BiNif I .
,«*
9 ^N6WM9H^W- * *_»**-•
.Am i, w A m m & <m4 ts#^4 e#f«ss murt*& in

#18 .7 0 3 ,4 1 9

-•?*&- 1,
Aj0m-%£.
tMrwTiat

4

8»aas.ll

» p m H its
ji.<L 1, 1 * ^7

1 1 ,0 1 3 ,^ 3 7
0 0 0 ,1 6 2

> 1 9.726,07*

tandem

J m * I w i t h tik e T f O M u r e r o f th«* U n i t e d S t a t e e
ttfl&kwMU in t u i t m a lm ' w * i
T h e p o rtio n
........
i «. )i. jb.. _y b o o k * b e c o m i n g *M
at
tb i* i « s i » .s m
a d* #... U
i nasnol l rv et nf t , / (3)
by
b o s k * (Tv. 'ig ia « o v o l u n t a r y l i q u i d a t i o n , e n d (3 ) b y b a n k *
re d u m r.g o r r e t i r i n g th e i r c ir c u la tio n , w a s a a fo llo w s o n t h e
E ra s o f e a c h o f t h e t* * t f iv e m o n t h * '
Get. t .

,V « . 1 .

Dec. 1.

J a n . 1.

9

•

*

•

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

V alue.

6.4 80

16,215

fWMd IBSil'mmrnmm*--

243,635

n * lfA o U ar* ....... .
Q '& sfW dotUtfU. .•*.
tk m m e ...........

J,7 0 0 .2 5 0
$ 6 6 ,2 6 0
1,016*2^0
1.08 5 ,3 0 6

1 ,7 00,250 1 9 ,8 7 0 ,7 8 2 '1 9 ,8 7 6 ,7 0 2
4 8 4 ,1 2 5
3 ,0 1 5 ,7 1 0 1,507,855
259,062] 5,546.801 1,380.700
108,531] 3 ,1 8 5 ,8 1 8
318,582

4 ,7 0 0 ,0 3 6

3,551,9681 31 ,6 2 5 ,0 9 1 j23,089,899

4 ,3 03,165

19,202

1,380.60*
3,325,621
4 ,7 06.229

102,287

Hjria! iMteiMVPw ^«.a j

9 ,7 3 0 .9 2 0

7 .0 1 7 ,4 2 0

2,63 0 ,2 5 1 47,052,560

4 7 ,8 37,413;

454.306
3 8 7 ,5 1 3
8 1 1 ,819

Jm n W kT f*

§ J% r w*$k,

J9 9 7 ,
$2*O i«,»43

av

1 8 9 6 .,
# 2 .7 9 3 ^ 2 7
ft, 1 0 4 ,3 0 2

|

1895.
$ 2 ,9 9 1 ,7 0 7
0,063*768

Ballroad

J
$* *076,906 $ 1.0.ftfS*l29| $ 9 ,4 9 5 ,5 3 5
•8 .3 0 1 .4 7 5
|N#mm /daa» 1 . 1
0 0 j w i b , . . . j* l 06.7 * # ,n ftn $ 1 4 4 ,0 1 5 .4 5 9 f • $ 1 .0 12 ,3 3 0 # 1 1 7 ,8 7 4 ,8 7 *
ife^i#4 lN 5 3 3 # ijif0 y p l8 37J#072k953| 349,ft0O ,227 * 1 4 ,3 0 9 ,5 4 3
|MI42*T05',a'a.3 # 5 1 7 ^ 3 9 ,4 1 3 i# 4 4 1 ,4 7 2 ,5 5 7 # 8 3 2 ,1 8 4 ,4 1 9
tin,e# J a n . I • o v e r y e ar* 1806, 1895, 1 8 9 4 a n d 1893

T h a I m p f t t t * o f 4 t y g w x t* f o r o n e w ® #k t * t # r w i l l b o f o u n d

report a t the Ary good* trade.

T h e f o l l o w i n g i* a s t a t e m e n t o f t h e e x p o r t * ( e x c l u s i v e o f
•p w l-B t f r ■j -fi t h e p o r t o f N e w Y o r k t o f o r e i g n p o r t * f o r t h e
w e e k • M in g . J a n . 4 a n d fro m J a n u a r y I to d a te :
t u r n e r * r a n * m tw r o M t r o a t h s w i n .
tm i..
p m Wm w m k
• M lT iM K
'Ptw#- ntpnttutA . $§$#§$#«$$!

1$$0

1695.

18 9 4 .

$7,227,726.' •7 .# 4 0 ,3 6 0 i # 8 ,0 3 7 ,2 0 7
$ 4 2 ,1 0 9 ,26ft: 3 5 2 ,7 3 0 ,7 7 0 j 3 7 1 ,0 0 4 ,6 1 8

f : 160,745,640; $ 1 4 9 ,3 3 9 ,9 9 0 #300,0811,330,!#370,0 4 1 ,8 2 3
7& is,« * i# e e fa ts, 1 n m r y e a f i 1690, 1 8 0 5 ,1 0 9 4 a iid 1 8 0 3 ,

* 1 3 ,2 9 3
6 ,6 1 #
1 1 ,9 3 #
4 0 3 ,4 1 0
9 3 4 ,8 8 6
1 ,4 4 9 ,0 5 2
9 8 ,4 4 0

# 2 8 ,5 3 6
3 7 ,8 8 6
5 5 ,9 0 2

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

5 0 N a f l B a n k o f N . A ............ 1 3 5

2 0 0 C h a th a m N a t'l B 'k396> e t o 29T
2 5 A t l a n t i c T r u s t C o ................ 1 8 3

1 0 L a w y e r* ’ T itle lo * . C o . ..1 5 1

Bond*.
*5,000 D e B ardelebtsn O. & I.
Co. l* t» , 1 9 1 0 ..................... .

78 %

Securities—Brokers' Quotations.

B’ w a y A 7 t h A v e . —S

l i t m o rt.,5 * , 1 9 0 1 _____
3d m o r t., 6«, 1 9 1 1 .J & J
B’w a y l» t , 8*, g n ar.1 9 2 4
l d S n . t u t . a s r e u t ’1-1908
O o n so , 5 8 .1 8 1 3 ...J A D
B ro o k ly n C ity —S to c k ,...
C o ae o l. 8*. 1 M 1 . . . J A J
B k ly n .O ro » « t'n 5 * .lB 0 8
B k trn .Q ’nsO o.< fe8nb,lat
B k ly n .C .A N ’w t'w n —S tk
5*, 1 9 3 9 .............................
C e n tr a l O r o w to w u —S tk .
l * t M , 6*. 1 9 2 3 ...M A N
0C* n .P k . N , A E . B i r . —S tk .
C oa*ol. 7*, 1 9 0 2 ...J A B
O o lu m b u * A 9 th A v » , S«.
C
O h rU t’p ’r A lO th B L - S tk ,

Ask.

B id . A sk i
D . D. K . B . A B a t ’**—S t k .
l i t , *O ld, 5*. 1 9 3 a . J A D
S c r i p ...................................

l i t m o rt.,1898 ...A A O

$102 107
80
77
20
31
$105 108
18% 19
193 200
{104 . . . . . .
$108 I l l
{113 115
{104 100
117 m » 8
174 >. 175%
114 114%
101 105
100 105
100
$107% 110%
200
$105 110
150 100
110%
lie v ii7
150 155
102 ------

160
118

S c r ip , 6 s, 1 0 1 4 ___
4 2 d A <3r. S t. T o r .—B took
42(1 8 t. M an . A S t- N .A v .
l e t m o r t. 6», 1 9 1 0 .M A 8
2 d m o r t. ln o o m e 6 s . J A J
L e x .A v s .A P a v .F e r r y Se.
M e tr o p o lita n T r a o t l o n . . .
N in th A v e n n a —S t o o k . . .
S ao o n d A r e n n e —S to o k ..
l* tm o r t.,5 a ,1 9 0 e .M A N
D e b e n t u r e S», 1 9 0 9 . J A J

S ix th A v e n u e —S to o k __
’h lrd A venno—S to c k . ..
1 s t m o r t , 8*, 1 9 3 7 .JA J
’vrenty-T hlrd 8 t.—S t’k .
Deh. 5 b, 1908.................
In lo n B y —S to o k ............
l* t 6s, 1 9 4 2 .....................
■We*tche»t’r, l* t,* u .,5 s .

163

}10Q

E lktith A v e n u e —B to o k ... 320

ll°0

102
335

112 %
335

56

5113
55

60

116*4 1 1 7

110 111
158
138 i u "
106

102

192
159
121

109

104
162*'

300

102

102
$101*9.........
$101** 102

I A nd »«om ed in te re s t,

ftaa Securities— Brokers’ Quotations.
» A 8 COM P A N i S 8 ,

A sk.

B id .

B 'k ly n U n i o n 3 a » - 8 t o o k . 86
B o n d * . . . . ___ . . . . . . . ___ 106**

i105

C o m m o n ........
O nn*ol, 5 « ...

g im kin g
p

e n

Q A B O O M P A N IK S .
P e o p le s ' ( J e r s e y C ity ) .
W llliam ab n rg - 1 s t 6 s . . . ,
F n lto n M u n ic ip a l 6 s . . . .
E q u ita b le ,

80
104

215
102*9
70
41
91*9

" P r o f e r r f td ...,

S

89

. . . . . 165

— ---------- ------ - J
189*.
|
# 1 ,8 0 8 ,6 3 0
6 ,7 5 2 ,8 1 5

2 ,0 0 0
3 ,4 9 7
2 3 ,5 1 7
16

Share*.

O o n tn m e r* ' ( J « r s <%yO lty ).
B o n d * ...............,.

n*w roan.

Since J a n .l .

#10

T o ta l* »in ee J a n . 1 In a lt oa*e» e o v e r y e a r s 1 8 3 8 , 1895 a s

C entral.............. .

S 7 y f o s w b i.a .J

P ore

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

1 8 9 7 ..........
1 8 9 0 ..........
1 8 9 5 ..........

Bid.

8 2 .0 9 2 ,7 5 5 '7 0 ,9 8 4 ,2 7 8

ICtMTOKT* t » SX fo &ts fob t u e W eek .—The follow ing are
£» u n i- rte if. New Y ork for th e vreek e n d in g fo r d ry goods
[iac. 31 and for th e week e n d in g fo r g en eral m erchandise
Ja r, l ; at** total* *tnce th e b eg in n in g o f th e first week in

7@ tai %t

T o ta l
T o ta l
T o ta l
N o r n .1894.

Week.

ls & o a i
2 ,7 7 1

A l l a n . A v e ., B ’k l y n —

48,0 0 5

09,031! 9 ,0 8 6 ,1 2 0 :
3 3 ,2 5 6 3 8 ,7 5 1 ,2 9 3

§ tfm d a s i a . . . . . . .
m*
......... :

mt

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

C ity

* $
2 ,1 9 6 ,5 8 8 4 3 .9 3 ',,7 6 0
2 0 0 ,0 9 8 2,000,980
2 1 4 .363 1,071,815

20
15,534
16.04C

In

O r e a t B r i t a i n ...........
F r a n c o ...........................
G e r m a n y ...... ...............
W e s t I n d i e , . ..............
M e x lo o ..........................
S o u th A m e r i c a ........
A ll o t h e r o o u n tr ie * .

Vain*

Piece*.

0 o s b l* * A * lM ...................................
Mm ! P syrlm .............
®fer*s#
OftATtiM m # .im »«*.. *
.................... .

u&m

Im part*.

Since J a n .l.

Im p o rte r* ' & T ra d e r* ’
N a t ’l B a n k ....5 3 0 q - 5 3 3 > s
1 0 F i f t h A r e . B ’k o t B ’k l y n .1 0 5
1 2 W r* t. N a t’l B ’k o f N , Y . . . 1 1 5
3 F if th A v e. B 'k o f N . Y . 0 . 3 , 1 0 0
5 U . 8 . T r u s t e e ..... ...1 ,1 3 0
8 0 B o w e r y B a u k ..................... 3 2 9 1*

T ea r 1896.

9
4 ,1 1 1 ,3 8 0
1 5 5 ,340
80 ,2 3 0

§2

Export*.

tih a r ti.

Jkm m b er.

0

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

•3

QQoara'JX 8T CfiTKD S tates M t s m —The follow ing state
a m t , kindly furniahivl a* by th e D irector of th e M int, sb- w i
t he eotn.ft.iCti a t the m im a of th e U nited S w im d u rin g th e m onth
of D ecember and for the calendar y ear 1898.

Tenmi l i i w r . i *,*♦**:

* $ 5 1 ,4 3 2 ,8 8 2
# l,5 7 6 .t > 4 ‘i 9 9 ,8 2 0 .2 3 0
4 ,4 5 4 ,0 3 6
4 .4 7 3 .3 3 8

Auction Sale*.—Am ong other securities the follow ing, a ok
regularly dealt in at the Board, were recently sold at auction
By Messrs. Adrian H, Muller f t Son:

* AM of J ob* 20, 1871. And July 13,1883.

PUc**.

# 4 ,2 0 0 # 4 3 ,6 8 7 ,0 3 8
8 ,9 4 2 ,4 9 8
1 9 ,9 9 1 ,9 1 8
8 5 ,5 1 0
8 ,6 0 9 ,8 5 6
500
2 0 4 .8 5 3
1 ,8 2 4
1 ,2 9 3 ,0 0 7
0 7 ,4 2 8

— Messrs, Redmond, K err & Oo. offer, in our advertising
department, a selected list of first and consolidated mortgage
investments.
—Attention is directed to the list of investment securitie
advertised in this issue by Meaar*. Goldman, Sachs & Oo.

1
*
8 9 5 .4 9 7
7 0 4 ,5 9 5
# 4 7 ,9 0 8
# 0 4 .3 0 0
tM S fU tt*
7 0 4 ,5 6 5
B S P * 9k«
5 .0 6 0 .0 0 0 5 ,0 1 8 ,9 5 7 M S 8 . 7 8 7 * ,8 5 4 ,0 1 7 4 .7 8 0 ,7 9 5
k tS -fk a s te r
a e l at 1ST** 1 3 .4 4 ft.3 1 0 1 3 .1 0 7 ,0 7 0 1 3 .9 5 1 ,0 0 1 1 3 ,1 4 3 ,8 1 7 14.043,783
T M * l........ 1 # 3 M .* 7 S

Since J a n .l .

IfM * .

# 1 2 ,0 8 9 ,7 0 0
8 ,3 5 7 ,5 4 1
2 7 ,0 0 8 ,5 0 6
1 ,0 * 8 ,5 9 6
62
2 ,8 5 0 ,4 1 7
8 3 ,0 0 0

Week.

"

j *■»(»' 1-

....

T o u t 1 8 9 7 ..........
T o t a l 1 8 9 0 ..........
T o t a l 1 8 9 5 ..........

1,033,655

o a tlo n a i
.» *♦» rwA-w*,

Since J a n .l.

Week.

SU w r.

Hun to itw* nlKiy** lit© ftTiioutst of

SapMftC*

i

G r e a t B r i t a i n ...........
P r a n o e ...................... ..
G e r m a n y ................. ..
W e s t I n l l e * .............
K e x l o o ........................ .
S o u th A m e r i c a .........
A ll o t h e r o o u n t r l o i .

f l.

jAmi*s,

/m p o rlk .

A’x p e r t r ,
M

k 4 a n j,
t . s n c r d s o r w i t h tfa* e m o o B t e o u t a u w m n g
J x z , . a r t 1, a w d U*.f lsv-rw av> o r
d u r i n g t h e a s# B B
• i s o s i.* >’j« - , { « m 1
l e n d e r * b w ld f o r t h e I t a l o m p u o n

tank

fVoi, LX1V

CHRONICLE.!

Bonds. 6s, 18997
a u l..
M UP................
...
Bonds, 5 s .....
S tandard p re f.

c e r

T

r a

175

105
189

196

102 %

l0d

58
79
82
102% 105%
80%
65
92

225
1 0 4 | C o m m o n , .. .
73
W e ste rn G as
43
i B o n d s, 5»_.
93%

and

Bid.J A ik *
170

fin a n c ia l.
s k

&

C

o

. , .

BANKERS,
»T * *0 P I N K 8TKKK r,

-

-

NEW l'Otk

65 S ta te Stroet, A l b a n y .

IN V

E S T M E N T

S amuel

D.

S E C U R I T I E S .

D avis &

Co.,

BANKERS,
NO, 30 WALL ST., NEW T O R S .
Bamubl D. D avis,
Chas , B, V an N ostbaxd.
O v o a a * B 4 « « u r Mo m a t .

a i .* x a .v d * h m . w j o t * , «

M o f f a t a W h i t e ;,

The follow ing table show* th e export* an d im port* o f tpoole
a t th e p o rt of New Y ork for th e week en d in g J a n , 3 and
a fo o t Ja n u a ry 1, 19*8, an d fo r th e oorreeponding period* in 30 P I N K
1**5 an d I W i

BANKE k s ,

STREET
INVESTMENT

-

-

N KIW T • R C

SECURI TI ES.

THE CHRONICLE.

J anu aby 9, 1897.]

71

Posted rates of leading bankers follow:

HJfre l i n k e r s ' ( j§ a * £ t t e .
D I V I D B N

D S .

W hen
P a y a b le .

P er
O en t.

N am e o f C om pany,
R a ilr o a d * ( S te a m ).
B u r l . C e d a r R a p i d * & N o r t h ...........
C n t R H o f N . J . ( q u a r ) ................
G r - a t N o r b ^ rn p r e f (q u a r.) . ..
L i t t l e f lo h u v k i ll N a v .R R . v C o a l
M in e H ill & 8 h u y l k il l H a v e n .
R u tla n d . p re f
. ............................
S tre e t R a ilw a y s .
C h a r l e s t o n (8 C ) c i t y R y ................
C i t y Jr S u b u r b . ( B a t i m o r s , M d .) .
C l e v e l a n d E l e c t r i c ............................
C r e s c e n t ( b » y K R . <sr. O r l . , L a ) . .
K i g * C o . T r a c t . ( B ’ t l y n . N . Y .)
N e w O r l . C i tv <fe L a R e ( N . O , L a .)
B a u lL s .
T w e l f t h W a r d ..............................................
F ire In s u ra n c e .
C o m m o u w e a l t h .............. .................. . .
H a n o v e r ....................... ................................
P a c i t i o . ...........................................................
m s c e lla n e e n s .
C o n a . K . C . 8 m e t . & R e f g . p r f ( q r .)
E q u i t a b l e G a s - L ig h t N . Y .( q u * r.)
H e u d e r s n n B r i d g e ..............................
M a ry iH D d C o a l p r e f .............. —
M u tu a l F u e l-G * e ,C h ic a g o ( q u a r .)
N . Y . M u tu a l G a s -, i g h t
............
“
•*
“
( e x ir a ) ....
N . Y . & N . J . T e l e p . ( q u a r ) ............
“
•*
“
( e x t r a ) ............
S t a n d a r d G a s L .. N Y o o ra . ( q r.).
••
**
“
p r e f ..........
S te ts o n , J . B. c o m . ( a n n u a l ) ..
“ pr« f .............................

J a n u a ry 8.

2
IV
IV
3*e
3 V
1

Feb.
Feb.
Feb.
Jan.
Tan.
Jan.

1
1
1
15
15
2

3
2
V
3*
1
4*

Jan.
Jan.
ta n .
Jan.
Ia n .
Jan.

4
14
5
10
2.5

3

Jao.

6
4
5

On
On
On

l

}

I

i

to J a n . 2 4
to Ja n . 21
to F e b . 1
to J a n . 1 4
t o -------------

J a n . 14
Jan. 5
Ja n 10
J a n . 25
J a n . 10

-------- t o
15
3 to J a n 19
15 J a n .
J
a
n
.
2
3
t
o
F
e
b
.
1
15 J a n .
6 to J a o . 15
-------- t o ---------------15
11 J a n .

1

to

J a n . 11

to

Jan.

15

Jan.

11

Jan.

1 5 -------------t o

Jan.

1

to

J a n . 11
----------------

W A L L 8 T R K B T , F R ID A Y , JA N . 8 , 1 8 9 7 - 3

i
C a p i t a l ....................... 6 0 , 7 7 2 . 7 0 0
• n r p l u s .....................
T4 . 8 * 8 , l H)
L oan*
d l s o 'n t s . 4 9 1 , 3 7 ; . , 9 0 0
C i r c u l a t i o n .........
H 6 0 0 ,1 0 0
N e t d e p o s i t s ......... 5 8 0 , 7 - 5 , * 0 0
S p e c i e ....................... 7 . 3 4 2 , 3 0 0
L e g a l t e n d e r * . . . . 8 9 , 6 4 .9 *0

P. M.

D ijf e r e n ’i t r o m
P rev. w eek.

1896.

J a n . 4.

1895.

Ja n . 5.

i
$
6 1 ,6 2 2 ,7 0 0
6 1 .1 2 2 .7 0 0
7 2 ,0 2 8 ,2 0 0
7 3 ,0 1 7 ,1 0 0
In c * 3 ,7 ^ * 2 .6 0 0 4 f 5 , 5 8 0 , 7 0 0 4 9 3 . 3 9 0 . 0 0 0
1 1 ,4 0 6 .1 0 0
D eo
5 9 ,9 0 0
1 3 ,9 5 2 .9 0 0
[ n o . 4 ,9 4 7 ,8 0 > 4 9 1 .6 1 4 ,9 0 0 5 5 2 .8 4 7 ,8 0 0
7
5 .6 6 7 .0 0 0
6
8
.
9
5
4
.
7
0
0
D eo. 4 2 5 ,7 0 0
7 3 .7 2 8 .7 0 0 9 6 .2 0 7 .0 0 0
lo o . 6 3 9 ,7 0 0
•

R e s e r v e h e l d . . . . . 6 5 ,9 - 3 . 2 0 0 I n c . 2 1 4 .0 0 0 1 4 2 ,6 8 3 ,1 0 0 1 7 4 .0 7 4 .0 0 0
L e g a l r e s e r v e . . . . 1 3 2 .6 9 0 .2 5 '> l n o . 1 , 2 3 6 , 9 5 0 1 2 2 , 9 0 3 ,7 2 5 1 3 8 , 2 1 1 , 9 5 0
•o rp in * re se rv e

United States Bonds.— Sales of Government bonds at the
Board include $87,000 4s, ooup., 1925, at 12 % to 120% ;
$5,000 4s, coup., 1907, at 111% to 111% ; $ 2,000 4s, reg.,
1907, at 110% to 111, and $1,000 currency 6s at 108%. The
follow ing are closing quotations :

3 3 ,2 8 6 ,9 5 0 D e c . l , 0 2 2 ,9 5 0

I n t e r e tt
P e rio d t
S i,
it,
is,
is ,
is ,
s,
5s,
f ls ,
6s,
is ,
is,
is ,
is ,

6

. . . . . . . . . . . . .re g .
1 9 0 7 ................. r e g .
1 9 0 7 .............. o o n p .
1 9 2 6 ................. r e g .
1 9 2 5 ............. o o u p .
1 9 0 4 ................. r e g .
1 9 0 1 .............. o o u p .
o n r ’o y , ’9 8 . . . r e g .
o u r ’e y , ’9 9 . . . r e g ,
( O b e r .jl8 9 6 .r e g ,
(C h e r.jl8 9 7 .re g .
< 0 h e r .) 1 8 9 8 .r e g .
( C h e r .) 1 8 9 9 .r e g .

Q .- M o h ,
Q .- J a n .
Q .-J a n .
O .- F e b .
Q .-F e b .
O .- F e b .
Q j-F e b .
J, * J.
J. A J.
M e ro b .
M a ro h .
M a ro h .
M a ro h .

Jan.

Jan.

Jan.

Jan.

Jan.

2.

4.

5.

6.

7.

8.

• 95
*110\
I lls
*120
1 2 0 i*
•114
*114
*102*
*105h
•102V
• 1 0 2 “e
*102 V
*10. V

* 9 5 if
* 110%
•1 1 1
*12 >
120V i
* 1 L4
*114
*102 \
105%
*1021*
102 V
*102%
* 1 0 .1 *

* 95%
*110 s
111%
*120%
120%
‘ 114
•114
101%
*10
*102%
*102%
*102%
•102V

* 95%
111
*U 1V
*120%
120%
*114
*114
‘ 102 V
‘ lO IV
*103
*103
*103
*103

* 951* * 9 5 V
llC V
110%
’s i l l * l l l
*120% • 12 0V
*1201$ *1 2 0 V
*114
*114
*114
• in
* 1 0 2 5* * 1 0 2 %
* 1 0 5 V *1051*
*102*4 * 1 0 2 V
* 1 0 2 V* * 1 0 2 *
*102% *102%
•1 0 2 V *102%

Jan.

* T h i s U t h e p r l o e D id « t t h e m o r n i n g b o a r d , n o t a l i w a s m a d e .

The Money Market and Financial Situation.—Business
in W all Street during the week now clo-ing is somewhat
different from that which preceded it in that it has been
less speculative and more o f an investment character.
Naturally the large amount o f funds distributed in the shape
o f interest and dividends is seeking profitable investment
and the bond and stock markets are evidence that such is
the fact. Moreover it seems to be generally believed that
the worst results o f bad legislation and bad bank manage­
ment are past for the time being, and therefore the future
is more promising.
There is also a better feeling in regard to investments
abroa I, and the disposition to regard American securities
w ith more favor is undoubtedly increasing there. A larger
demand fo r foreign exchange has caused an advance in
rates, but the supply whioh is known to be available is so
large that little or no attention is paid to the movement.
Am ong the most hopeful features o f the w ek are the
r eports o f railway earnings from the West, and especially
the Southwest, sh .wing, as they do, a considerable increase in
traffic. Announcements o f bank suspensions early in the
week caused onlv momentary uneasiness. Reports from the
oities where important failures have occurred indicate
that the weak institutions are now well weeded out and that
no further trouble is expected.
The money market continues easy and without new
feature.
The open market rate, for oall loans during the week on
»took and bond collaterals have ranged from 1% to 2 per
oent. To-day’s rates on oall were 1% to 2 per cent. Prime
commercial paper is quoted at 3% to 4% Per oent.
The Bank of England weekly statement on Thursday
ahowed an increase in bullion of £35't,t93, and the percent­
age of reserve to liabilities was 4U98, against 44 28 last
week : the disoount rate remains unchanged at 4 per oent.
The Bank of France shows a decrease of 6,275,000 franos in
gold and 2,150,000 francs in silver.
The New York City Clearing-House banks in their statement
of Jan. 2 showed an increase in the reserve held of $214,000
and » surplus over the required reserve of $33,286,950, against
5 34.309,900 the previous week.
1897.
2.

The follow ing were the rates o f domestio exohange on New
York at the under-mentioned oities to-day: Savannah, buying
1-16 disoount, selling par (Charleston, buying 1 16 premium,
selling 1-16 disoount; New Orleans, bank, par; commercial,
$1 25 disoount; Chioago, lOo. per $1,000 premium ; St. Louis,
par@25o. per $1,000 premium.

6 to J a n . 10
t o ------------— t o -------------

* P a y a b le to m in o r ity s to c k h o ld e r* .

Jan

D f,m a n d .

15
dem Ja n .
dem
dem .

? 1J a n .
v\

Jan . 16
Jan . 16
Jan. 22
fan . 5

J a n . 8 to
1 to
Jan.
J tn . 1 to
J a n . 1 5 to
1 to
10 Ja n .

[Jan .
Jan.
Feb.
Jan.
Jao.

IV
3
2V
2
IV

B o o k » clo n ed .
( D a y t in c lu s iv e .)

S i x t y D a y t.

P r im e b a n k e r s ’ s t e r l i n g b i l l s o n L o n d o n .. 1 8 * % ® 4 8 s
4 87V®i 88
4 83*4*4 83
D o c u m e n t a r y c o m m e r c i a l ................................... 4 8 2 % » 4 83V*
* 5 l 9 f t t„ 5 1 8 % ® 5 1 7 T t .
P a r i s b a n k e r s ’ ( f r a n o s ) ........................................... 5 2 0
A m s t e r d a m ( g u i l d e r s ) b a n k e r s .......................
4 0 to 4 0 1 i 8
40V9405,*
F r a n k f o r t o r B r e m e n ( r e l o h m a r k s ) b ’k e r s
9 4 78 ® 9 4 Bjh 9 5 7 , , 9 9 5 * .

1 9 ,7 7 9 ,6 7 5

3 5 ,8 6 2 .0 5 0

Foreign Exchange.—The foreign exohange market has
hardened as the week advanced, on a better demand for
bills. Rates are higher, and it is reported that some invest­
ment exohange has been brought out.
To-day’s aocual rates o f exonange were as follows: Bankers
sixty days’ stsrling, 4 84 34 84%; demand, 4 87(§4 87%;
oables, 4 87%@4 87%.

United States Sub-Treasury.—The follow ing table shows
the daily receipts and payments at the Sub-Treasury during
the week.
B a l a n c e ..
D a te.

R e c e ip t* .

P a y m e n t* .

•

2
4
5
6
7
8

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

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

T o ta l

2 1 ,6 1 7 ,2 2 0

2 6 ,9 9 7 ,9 1 1

Jan .
••
“
“
i.
"

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

C o in O e r t’i .
1 ,3 4 2 ,5 2 6
2 .4 5 9 .1 1 6
1 ,3 0 2 ,8 1 4
1, 9 8 ,i2 7
1 ,4 2 ,2 9
1 ,6 7 7 ,7 6 7

O u r r tn c y ,
5 6 2 9 5 ,5 5 4
5 2 ,7 9 0 ,5 1 3
6 1 ,8 0 6 ,7 7 7
5 0 ,8 7 3 ,4 8 7
5 0 ,8 6 0 ,0 4 6
5 1 ,4 3 4 ,7 4 8

Coins.—Following are the current quotations in gold for
coins:
S o v e r e i g n ! .......... , . | 4
N a p o l e o n * ............ 3
X X E e lo h m a rk s. 4
2 5 P e s e t a s ................ 4
S p a n . D o u b lo o n s .15
M ex . D o u b lo o n s .15
F in e g o ld b a r s . ..

8511 * 8 4 8 8
85 » 3 88
74 « 4 78
7 7 f l 4 83
55 * 1 5 75
50 * 1 5 75
p a r * q p rem .

F i n e s l i v e r b a r s . . . — 6 4 V * — 6 5 Tt
F i v e f r a n c s ............... — 9 3
* — 95 V
M e x ic a n d o l la r s . . - 5 0 V 9 — 6 1 V
D o u n o o m 'o l a l . . — — * -------- V
P e r u v ia n s o ls ..... — 4 5 V * — 4 6
E n g lis h s l i v e r . .. . 4 8 0 * 4 8 6
U . 8. tra d e d o lla rs
— 6 5 * — 76

State and R ailroad Bonds.—Sales o f State bonds at the
Board include $ 13 i,u00 Virginia fund debt 2-3s o f 1991 at
61 to 61%, $18,060 V irginia 6s deferred trust reoeipts, stamped,
at 0 and $15,000 Tenn. settlement 3s at 80.
The market for railway bonds has been strong on a fairly
good volume o f business, which wa3 generally w ell dis­
tributed. The aotive list has advanced an average o f about
1 per cent. Atchison adjustment 4s, Chic. & East. Ills. 5s,
Chic & No. Pao., Mo. K . & Tex. lsts andsom eof the Reading
issues have advanced more than the average. The aotive list
includes Atohison, Ches. & Ohio, Burl. & Q , Rock Island,
Chic. & No. Pacific, Chic. & Eastern 111., Erie, Kansas
Pacific, Mil. & St. Paul, Mo. Kan. & Texas, N ew York Cen­
tral, Northern Paoifio, Oregon R. & N., Oregon Short Line,
Reading, St. Louis & S. Fr., San A. & A. Pass., Southern Ry.,
Texas & Pacific, Union Pacific and Wabash bonds.
R ailroad and Miscellaneous Stocks.—The stock market
has beeu better sustained since the opening o f the year than
for some time previous. There is a sentiment more or less
general that the depressing influences which recently pre­
vailed have lost their force and that new and b-tter con­
ditions in all departments of activity are before us. The
earnings o f some important Western railw ay systems are
relatively better than o f late, and the granger stocks have
advanced an average o f about 1% per oent within the week.
The anthracite coal shares have been depressed in sym­
pathy with Delaware & Hudson Canal, which has further
declined on the reduotion of the dividend fio m 7 t o 5 p e r
cent. Delaware & Hudson, which sold on Deo. 19th at 125,
declined to 110% on Thursday and closes at l ll% . Reading
has been relatively strong on the announcement that oppo­
sition to the completion of the reorganization had been
withdrawn. Manhattan Elevated has been unsteady, closing
w ith a net loss of 1% .
The miscellaneous list has been strong in most cases. Con­
solidated Gas has fluctuated between 137 and 145%, closing
at 141, against 138% last week. U. S. Leather preferred has
lost 1% per cent, American Tobacco has fractionally de­
clined while other active stocks o f this list have generally
advanced.

chronicle ,

the
S K.W
W
N»‘

fO S K STO CK
H U M im

%? ■

K tC E A X H B - t v r v

xm

T i—» 1> r

■s r t.)2 K S fo r

k ■•n l i n j J A X

[VOI,. LX1V
S , a n d title s J A .V .

|,jlW E §T INMOIttS|w<4*»BKUf t

| $ m a 7.

I

F r id a y .
J * Ii. H.

STO CK S,

A c tiv e IH * . S to c k ..
131* H V A t T o p . , t 8 .F e . a ll lost*}. p aid
14%.; 1 1 % l W
23’*
24V
Do
pm
14 ; £.1% S4%]
% A tla n tis 4c P iu d t te .....................
%
*H
%.f
*
I
S
B
a
ltim
o
re
A
O
h
io
___
17*
17 l *10% 17% *13%
19 B ro o k ly n R a p id T r a n s it.
16 ! 18% ii% i Ml
SB C a n a d ia n PacM lo____. . . .
50%|
I *5ii
*45%
46% C a n a d a S o u t h e r n . . , , . . . ,
45
I
48%
•#4
98*s 10 0 l e n tru S o f H ew J e r s e y . . .
lo t
IQ J S 93% 101
|I Q |
*14%
15% C e n tra l P n e lflo ...................
40
1
*15
l o i *14% 10!
1.6
m
10
17% 17%
18
17
18% ITW%
iw m
*|;fl
l& b
HfO
.........
r im
100
*'lfS0
t§*t
OWeiiKo B u rlin g to n & Q uinoy
*109
1Ni% 7 1! ; 71% 72% 71% 7*2%
0 9 % *iT
T(p %r
5 0 C h ic ag o .4 E a s te r n I l l i n o i s . ..
*40
*40 50
ao
*40
6 0 i *m
■141 I
Do
p ro f.
^4#
95
*60 I my I *05 l o t | *05 101 1 $95
aul
m#S> i f § j '
7-4% 74’ *! 7 -1 % 7 4 ’* C h ic agDoo M ilw a u k e e * S t.pPro
7-4% m 4 T3% 7 4 14131
f.
n%
131%; 131 131
kW 161% 131 131 103% 103%
m tm
s4 m * *
102% 103% C h ic ag o Je N o r th w e s te r n ........
i im* 1 06% lO iffe
D
o
p
ro
f.
m tfa vm \ j
k l M b im h l
152%
'6 7 % C h ic ag o R ock I s la n d A P a o iflc
67
m i 08% 07 ■: 67 67 %: 48%
0 $.
##
C
h
ic
a
g
o
S
t
.
P
a
u
l
M
in
n
.
&
O
m
49
40% 4® I 4H% 4 0 1 48% 4» ;
4 f % 4T%
Do
p re f,
til *n < 1 3 8 1ST : 1135 137 : 133 133 ! 130 137 C lev e. C in ein , O hio. dsSfc L ...
I J4t *1i j o
*xm
27
23
27
i
26%
sf%: *t«%
m b
'M b .
So
p re f.
T3% :
7$
i •i t " “is ’ 1 « " ’ i « " ’ rC o lu mDbou s H o o k in g V al. p&roTol
17%
it
1T% 17%: *17
f.
*% 7k T i *
*50
57
67
I *50
*50
*7
*■&#
1 no
Wi
•m
110% 112% 111 113% D e la w a re <fc H u d s o n .................
1
16%
1
6
0
8 85% l i f t •u ? % I W :
D
e
la
w
a
re
L
a
e
k
a
w
a
n
n
s
A
W
e
et
'155 157%
157 157
* » « * » !& * % *;iB 7 1 M b 155% 100
J *11% 12% $u% n % D e n v e r 4c R io G ra n d e
•1.1% 1 7 % 161 i6%; m %
D
o
p
ro
f.
*41% 42%; *•11*3 12*3
42
U
4 6 ! *41
*41% 4 2 b
*14% 13* i 15% 15%: *14% 13% E r i e .................................................
15 j 14% 15
If
'H
Do
1 s t p re f
34 ; *3 ;!% 31 | 31*3 31*3
34
34 I 34
Do
2 d p re f.
§13%
E
v
a
n
s
v
ille
&
T
e
r
r
e
H
a u te ___
*27
31
81
31 . *27
1 *67
m. 1 ■
G ro a t N o rth e rn , p r e f .................
118
123
'118
123
n
s
i
t
i
H
i
i
t
t
xm :
*1 1 * %:m \m\n #
m
in
u
s*
C
e
n
t
r
a
l..........................
.
92%
92%
$93 94
1*3
03*# 03
t*3% f f f
m i $S*3
*7*2
S Io w a C e n t r a l...............................
•7% 8
. 7%
74
7%
7%
7%
7 %:
7%
D
o
p
re
f
‘
24
26
$38 25
2 5 ' *24% 28
m f P5
MM i
iS * s iD a k e E rie & W e s te rn .
-17
18% *17
*17
IS
18% *17
*»*% !H% *%?
e f.
1 69
69 ! *6S*a 70 L a k e SDhoo re * M ieh. S o u thn er rn
«*» f 108% 80% •era
*67% Wl* f m
152%
1527
s
152
1
5
2
V
152%
im
im
*151 153 '
L
o
n
g
I
s
la
n
d
.................................
55
55
; 54 BA
4 0 I 52
40 : 44
4T
4? 1 §44
487s 49% 19*8 •195s L o u isv ille A N a s h v ille ............
4 7 % 48%
43%
4 8 b € i % s 47% 4 , m
*4 L o u ia v . N ew A lb a n y A O M o.
% ■..........
%J*......
% ......
Bo
p ro f.
1*4
ij**..-** 1% ‘------1 %. . . . . . .
*%
',i%
37.% 8831 M a n h a tta n E le v a te d ,c o n s o l..
1 88% 89
68% 89%f 83%
89
m % #»%
M e tro p o lita n T r a c tio n ............
110
110*3
3
5
*
100
%
!
110‘s
106% 106%! n « % 1 1 0 %
M ich ig an C e n tra l................... ..
02 I
W2 ; *33
96 1
*18*3 20 M in n e a p o lis & St» L o u is ..........
20
19 ># *19
1 8 I 19
19% H 7
If I
ns
Do
1 st p re f.
*70
80
80
*75
78 ? $77
77
*T3 % 7% I *7 3 %
Do
2d p re f.
*48% 47% *46% 40%; '10*4 16%
if
47 1 ■4a
n*j
M
iss
o
u
ri
K
a
n
s
a
s
&
T
e
x a s ........
13*% 13%: 13% 13%
13%
13%
13% 13%
10% 13% 13% W
H l 23% 29% , a s % 2 9 * ; 29% 30 I 29% 30% M issoDu ori P a e ifio .............. p r e f .
60
66 %• 28%
21% 21 %
21%
21
20 % 20%; 20 % a m
20%
S0% S O *
22 % M obile A O h io _______________
22% *21
*21
22*si *20
22
:
*w
nc*
22 i
N a S h v .O h a tta n o o g a & S tL o u is
..........
4
5 N ew E n g l a n d ..............................
45
45
. . . . . 15
4:.
N ew Y o rk C e n tra l & H u d s o n .
$93%
93*4
9
3
i
83%
9-i
93
92%
02%
;
.
OZH
y-4
•« *
11% 11%' • 11 % 1 2 %: $1 2 % i 2 % - 11% 12% N ew Y o rk O h ie a g o & S t. L o u is
12
14
Do
1 s t p re f.
*05
75
75
: ‘ 65 75
*.......... 8 0 I ■65
63
Do
2d p re f.
*27
28
28
! 27
27
1 8 ! *27
2*8 j •2 6
26
1 7 7 * s l7 8 % 178 1 8 0 $177% 177% N ew Y o rk N e w H a v e n * H a rt,
77*4 1 a $178 1 7 8
*177% 17
N
e
w
Y
o
rk
O
n
ta
rlo
&
W
este rn .
15
15
14%
15%
11*3 11 % 11 % 11 % 14% 1 4 7a
$16% 93s N ew Y o rk S ueg. A W est., n e w .
9%
9 ] * 9 % H i ■ 9%
lU
1S’!
10 !
D
o
p re f,
*24
25
21
21
24
2 1 : 21
6 5 , 2 >'4 2 4 ! *28
*74
N o r f .* W e s te rn ,a ll In s ta ll pd.
**%■! 1 1 % 1 1 % *11% 1 1 % ‘ 1 1 % 11% . *11*8 11% *11% 11%
m
D
o
p
r
e
i,tr
.o
tf
8
.a
llW
8
.p d .
*16%
17%
17
16*3 17*4' *16% 17*4 ‘16% 17% *10% 17 *4
*10
13% 13% N or. P a c ific E y. v o tin g tr .c tf s .
$13% 13%
13% 11%; 13% 13%
1A
14
16% 18%
D
o
"
p
re f.
33% 33%
33% ; 3 3 % 33%
33
32% 82%
86% 8S% ' 3 2 % 32%
*14
24 O r. E lt,& ;N a v .C o .v o t.tr .o tf 8 ,
21
1*11 2 4
21
‘ 14
21 ; *14
n * . 24 | I t
D
o
p
re
f.,
v
o
t.
tr
u
s
t.e
tf s .
37% 38
36
| $35% 37%
$30
37
37 ! ' W
n s v 3S I
*26% 27% i'h iia . A- H e a d in g a ll i n s t . p d .
36% 27% 26% 27%
26*4 27
* 7%
27%
P
itteln
ii-g
O
iim
.
O
hio,
&
S
t.
L.
*12*9
13
13% 13% *12% 13%
15
* 12 %
*18% 1 4 ■ 12* 11
Do
p re f.
‘45
53
—
"15
53
‘ 15
53
5 3 : *41
45
©*48
R io G ra n d e W e s te rn ..................
117 113% *1 17 119 R om e W a te rto w n A O g d e n s b .
118 i ' l T
17 118* i Vh 118
u o
i
*56
(52 ; ....................8t. L o u is A lt. & T. H ,,tr .ie e ts
62
62
*36
5
5 % S t. L. & S a n P r ., vor. t-r. e tf s .
5
5
5
5
*1%
%%
$88
S4*a 3 8 j
Do
1st. p re f.
•3 1
35%
*34 >3 35
3d
§85%
13
13
Do
2 d p ro f.
*12%
13%;
*12
*12
13
13
m
•4
4% S t. L o u ts S o u th w e s te r n .......... .
4%
*4
5 i
ci-'
*3%
Do
p re f.
10%
*9% 10*9 10% 10%:
IQ i *9
m )! m
im i
20
2 5 jSt, P a u l & D u lu th .......................
25
1 21
*10
21 | ■•20
im
* If
.
1 *§i$:
80
90 1
Do
p re f.
90
*mi ..........:
9 0 ! '8 2
*75
m i !* m
1 1 0 5 1 )5 1 1 5 % St» P a u l M inn. A M a n it o b a ...
*112 t u 6 *112 110
* ir -j h i
,m
n s
1 1 % 1 3 % n % $14% 1 4 % 'B o n th ern P a e lU o O o ...................
IB
l i b l i b *14
*13% 14%
14% 14%
» *g
i’ “3 wjm
*•* ’4 i
*• a
V
» 4
2 6 ^ 26%! 26% 27% D o p ro f., v o tin g t r u s t , c e r t .
20%
26% 20-e
2$%
s» %
9
0%
9 %:
9 '
0%
m
9*4
9%
§h
0S
9b
9%
9%
8%
mm 10
9*4 10
2%
*2 %
2 %
■2%
t% 2*2 U n io n P aelfio D o n v e r & G u lf.
- *3%
t%
2%
0%
(i%
0%
6%
6% W a b a s h , . . . . . . . . . . . . . . . . . . . . . .
«%
0%
Do
p re f.
I P 16*e; 15% 10*g
1(1
10%
15 %
18%
0
6
%
6%
6
6% ’
6% W lte elln g & L a k e B r i e . . . ........
0%
t «
*27% 3 * j 26% 23
Do
p re f.
MB
S3
2-0
$29
M fH
**
3 W ise. C on. Go., v o tin g t r . e t f s .
*2
3
2 b
2%
» I *2
B t l* c o lia i» e o U 8 S t o c k s .
14% 14%! 13
1 3 A m e rte a n C o tto n OH C o..........
13% 3.4 | 1 4 % 14%
*11%
65
55%; 6 5
55 %
Do
p re f.
M%
5(1
54*4
l.:%
12%
12%
13%
A m e ric a n S p ir its M fg. C o .. ..
i
%
*
12%
■
n
%
ia%
U
%
!
1*%
Do
p ro f,
M lV
2 7 H 27%
Sf*L
no
m % 110% 111 V 110% 11,1%; 110 % 1 1 2 % A ra e rio a n S u g a r R e f ln ta g C e .
110% 111%:
)>,>!•% 100% 100% 100% 101 101%
Do
p re f.
100% 1 0 0 % 101 101
100%
74% T§%: 7m
76%
78
?H
7-vV 7 7
7 “ i 77% T a m A tu o rio a n
T o b a o e a O o......
7 0%
.
* l# i
I fi lo t
$101% I0k~ s $101% 104% 104 101 i
Do
p re f.
im
11 %
11% 11%
12
13
13
13% 11% 1 3 V l t % 12% B a y S la te
G as
73% T4%; 7 3 % 7 4 % 73%
74% 7 4% 76% 74% 75%i 7 6
75% "C h ic ag o G
“ a s C"o., c e r ts , o f d e p ,
13i»% 142% ; 144 1 49% ; 141 144
140% 112 C o n e o u d a te d G a s C o m p a n y ..
iff
i:«*
m %
G e n e r a l E le c tr ic O o...................
M h
3 3% , 83% 84% ; 33% 34%! 33% 3 4
m
m m
%%
tt ■
MB
73% 2 4% . 23% 23%
*23% 24% 23
23% N a tio n a l L e a d C o.......................
i%
*87
69
*80 89 i $88
88
Do
p re f.
1 1 1 *m H m
' * m n 88
4%
4%
4V : "4%
*%:
ft : 4% 4%
4%
W *4%
5 N o rth A m e ric a n O o...................
14%
2 ; l 2-4%; 24*4 24% *24
"14
74% j 84% 24%
24% PftOlHo M a il..................................
*m
. . . i ‘ 9 0 . . . . . . ! ‘ 9 0 ....... P in o L in e C e rtific a te s ...............
........ *90
i f»
1 m
t » l % l f t » .$154 154
182% 155 P u llm a n P a la c e O a r C o m p a n y
152% 153
# fis rm ~
^#4'%
•<
H
%
6
5
% * 8 4 % 0 5 % *64% 65% S ilv e r B u llio n C e r tific a te s ___
»5%*
m
%
«5%;
« t% ;
)0
%
10%;
10%
10%
1
0%
10% 10 % S ta n d a r d R o p e Sc T w in e ........
1
0
%:
i
m
y&
M
1
0
%
IJfk
26% 27% T e n n e s s e e C o al Ir o n As R R . “
27
i 2 5 % 35% ' 2 0% 2 6 % 2 6
« 0% m
i
9 i *0
0 1
0
9%
8%
9
U nB
ite dS S .....................
ta te * L e a th e r Co,
9 B
*«%
eo%
0 0% 00% ; 58% 6 0
m
58% 59%
m n
to
Do
p re f.
24% 24%
24
24%
24% 25 j 24% 24% *24% 25 U n ite d S ta te s R u b b e r C o ........
*70
Do
n re f.
n . . t ®% 7fl%; $75% 75% , $70% 76% *.......... 76
84 . 83% 64% 84
83N,1
m th
m % • 3% m
84% W e ste rn U n io n T e le g r a p h ___
14 W
® P ||
%.
1 #%:
1#%
.§#%:•
4k
•4M§
im h ^

14%; 14%
i- i
06%) 66%
*%
*%
*10 17%j I t
i f j lf%
If
*M % 6«%l *HO
4# ; 48 %
*44
n

* Torn* *in bid »ad Mkedj as n i l made.

$Lww than 100 shares.

», I8 » 7 ,

R a n g e fo r y e a r 1897.
S a le s of
(O n b a sis o f loo-sluW% lo ts .}
th e
W eek,
L o w e s t.
H ig h e s t.
S h a re s .
4,701 13%
10,709 2 3
Oil
1,190 10%
808 1S%
100 5 6
3 3 7 48%
0,0 1 5 99%
100 15
1 5 ,249 16*4
7 9 ,7 3 8
........5
7 7 ,150
603
4 ,1 0 8
57
13,037
11,030
170
1,037
500

Jan.
Jan.
Jan.
Jan.
Jrili.
Jan.
J a il.
Jan.
Jau.

fl

0
7
5
4

69% J a n . “ 5

14% J a n .
.24% J a n .
$% J a u .
18 J u n .
1 91i J a n .
56 J a n .
4 6 ($3 J a n .
102% J a u .
15 J a u .
18 J a n .

72% J a n . ~§
8
7
6
6
4
8
0
7
8
4
8

ja u .
Jau .
Jau.

7 121% J a n .
6 157 J a n .
8 $12*4 J a n .

6
6
d

.Tim.
Jan,
J :tn .

15 % J a n .
34% J o n .
$19*a J a n .

92% J a n .
7% J a ti.
25 J a n .

93 Ja n .
?s4 J a n .
25 Ja n .

435 69
1,0 4 2 1 5 2
1,7 9 6 4 7
2 4 ,548 4 7 %

Jan.
.Tnn.
Jan.
Jan.

“ ’*35 $T% J a n . "
1 0 ,8 9 9 87% J a n .
1,171, 108% J a n .
200 19
35 $ 77

Jan.
J an.

i i ’% J a n .
89% J a n .
110% J a n .
19% J a n .
$77 Ja n .
13%
30*8
21%
22

Jan.
Jau.
Jan.
Jan.

983
300

92% J a n .
lifts Jan -

94 Ja n .
11% J a n .

200 2 7 J a n .
4 0 4 1 7 7 % Jo u .
9 90 1 4 % J a ii.
9% J a n .
3 99
2 2 5 23 % J a n .

7 37 J a n .
4 $178 J a n .
15*3 J a n .
9 :% ,1a n .
24 Jan .

13% J a n .
32% J a n .

14*6 J a n .
3 3 7e J an.

5 88 37 % J a n .
5 3 ,3 6 3 26*4 J a n .
100 13% J a n .

38 J a n .
27 % J a n .
13% J a u ,

2 ,8 0 7
7 ,3 0 0

4 6 0 118

6
8
8
8
5

8
2
6

Jan.

2

4i 5 % J a n .
5 i3 5 % J a n .
21 13 .Tan.
6
4% J a n .
01 1 0 % .Tan,
•1 2 1 J a u .

8
2
8
6
6
6

51 $115 J a n .
3 6 0 14% J a n .
9% J a n .
1,800
6,2 3 8 2 6 J a n .
1,5 3 0
8fts J a il .
8% J a n .
2 8 ,5 7 1
2*s J a n .
200
0% J a n .
1.5 4 0
2 ,8 9 0 15% J a n .
0 J an,
2 2 ,8 4 5
5 80 2 6 % J a n .
2% J a n .
100

8
2
8

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jau.
Jan.
.Tun.
Jan.
J in .
Jan.
Jan .
Jan.
Jan .

$ U 5 * sJ an,
14% J a n .
9 7s J a u .
27*6 J a u .
9% ,Tan.
10 Ja n .
2% .Tan,
6 % Jan.
16% J a n .
6 % .Tun.
29 Ja n .
2% J a n .
I
14 % J a n .
50% .fan .
13 % J a u .
29 % .Tan.
112 % Jau.
101% J a u .
78% J a n .
10 4 J a n .
13% .Tan.
75% J a n .
1457s J a n .
a: 34fts J a u .
8 23 % J a n .
8 $88 J a n .
4% J an.
24% .fan .

Jan.

2 15 3

481 1 5 2
2 ,3 3 7
1 1 ,2 3 5
1 ,1 9 2
1 7 ,0 3 3
1 ,1 1 5
2 58
6 .3 4 3

10*8-1 am
25% J a n .
8% J a n .
58% J a n .
24 Jan .
76 % J a n .
82 % J a n .

2 1 18

6

0 J an.
1,515
93 $35 .) a n .
1 37 13 J an.
•1% J a n .
125
9 0 0 10 J an.
200 20 J M l.

1 ,5 7 8 | I2 * a
1 ,3 4 2 54 %
1 1 ,2 8 9 11%
850; 2 6
1 1 3 ,0 8 6 1 10
1 .0 3 8 1 00%
1 2 ,3 0 2 76 %
400104
2 2 ,052; 11%
2 5 ,2 9 0 | 73%
7 ,5 8 0 1 36%
24,708] 3 2 %
4501 2 3
5 $88
4%
1,6 5 1
9 1 0 24%

Jan.

6
4
4

09 J a n ,
1527e J a u .
55 J a n .
49% J a u .

100

20

Jan.
Jan.
Jan.
Jan.

8
b
0
2
7
«
2
7
2
4
0

13%
28%
20
22

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

4
7
8
H
4
8
tt
6
5
7

§05 Ja n .
74 % J a u .
131 J a n ,
103% J a n .
St 52*2 J a n ,
07% J a n .
49% J a n .
§183 J a n .
28 Ja u .
73% J w i.
18 J a n .

j j i i ' ' ja ti.
7 2 % . luii.
131 J a n .
102% J a u .
$152% J a n .
6 5 ’s J a n .
4 7 .Jan.
133 J a n .
26*s J a u .
73 Ja n .
17% J an.

20,110 110%
200 157
35 $11%
10
3 00 15
2 15 3 4
10 $19%
43 1
33 0
42 5

8
5
8
*2
7

10%
27%
9
61
25
76%
84%

8

7
5
6
8
6
2
5
0
6
6
5

8
8
8
2

8
8
7
6
4
6
8
4
2

Jaa.

7

Jan.
Jan.
Jan.
,Ta n .
Jan.
Jan,
Jan.

6
8

2
2
8
6

8

Ja n u a k y

THE CHRONICLE.

18fc7.]

73

tO R K STOUR GXCHVXOE PR IC E S (C oatiu tied )—IN A.OTTVE S T O C K S .
J a n . 8.

I n a c t iv e S t o c k s .

B id .

U I n d ic a te s u u lis te d .

R a n g e ( s a le s ) i n 1 8 9 7 .

A sk.

L o w e s t.

H ig h e s t.

R a ilr o a d S to ck s.
100
100
100
lo t
100
.1 0 0

170
JO
22
23
6
3
103
105
22
16%
65

8 T8 J a D .
23%a J a n .

9
2 313

JaD .
Jan .

.1 0 0
4

C h ic a g o G r e a t W e s te rn
100
ftO
.1 0 0
.1 0 0
100

O e a M o in e s & F o i

F iin t A P e r e M a r q u e tte ...
P r e f e r r e d .....................................

..5 0
.1 0 0

5

JaD .

9

5
10

%

£40

40*5 J a n .

.....
_ ..

4
10<
2
.lo t
lo t
13*4
100
71*
100
III*
50 ;u > i
.1 0 0 • 4 2 0

P re fe rre d .

5

.. .

16*2
8
50
3

4*2 J a n .

_

6
3
14 7*
9

__

....
1*2 J a n .
164
Jan.
119
Jan.

1H JaD .
161
JaD .
120
Jan.

lo g
10 0

O h io s o u t h e r n .
F & o ria D e c a t u r A E v a n s v i l l e
o r l a A E a s t e r n ......................... ..

10i
100
11)0
IC O
IC O

Rensselaer A Saratoga.
c
100
100
10

P r e f e r r e d .........
—
T o l. 9 t. L . <
m K a n . C ity * ;

5
15
.........

14
J 2 1*

_
162

165

180

IS O

20
50

75

....

15
Jan.
2 % JaD .
Jan.

15
Jaa.
2 *s J a o .
166

Jan.

__

35

10 0

..

...

1N o p r ic e F r i d a y ; l a t e s t p r ic e th is w e e k .

....

Ci In d ic a te s a c tu a l s a le s .)
Ja n . 8.

I n a c t iv e St o c k s .
ff I n d i c a t e s u n l i s t e d .
• T lis c e lla n e o u s S to c k s .
A d a m s E x p r e s s ......................................1 0 0
A m e r i c a n B a n k N o t e C o H .............. ..
A m e r i c a n E x p r e s s ..............................IO C
A m e r . T e l e g r a p h A C a b l e ............1 0 0
B r o o k l y n U n i o n G a s .......................... 1 0 0
B r u n s w i c k C o m p a n y ........................ 1 0 0
C h ic . J u n e . R y . & S to c k Y a r d s . 1 0 0
C o lo ra d o C o a l & I r o n D e v e l .,.1 0 0
C o l o r a d o F u e l & I r o n ......................1 0 0
P r e f e r r e d ...............................
1O 0
C o l. A H o o k . C o a l t r . r c t s . a l l p d . 1 0 0
C o m m e r c i a l C a b l e ............................... 1 0 0
C o n s o l . C o a l o f M a r y l a n d ............1 0 0
D e t r o i t G a s ............................................ . 1 0 0
E d i s o n E l e c . 111. o f N . Y ................l o o
E d i s o n E l e c . 111. o f B r o o k l y n . . 1 0 0
E r ie T e le g r a p h A T e le p h o n e ..1 0 0
I l l i n o i s S t e e l ............................................. 1 0 0
I n t e r i o r C o n d u i t A I n s ................... IOC
L a c l e d e G a s .......... ............................... . .I O C
P r e f e r r e d .............. .................................1 0 0
M a r y l a n d C o a l , p r e f ...........................IOC
M ic h ig a n - P e n i n s u la r C a r C o ...I O C
P r e f e r r e d ................................................1 0 0
M i n n e s o t a I r o n ......................................1 0 0
N a t i o n a l L i n s e e d O i l C o . .............. 1 0 0
j N a t i o n a l S t a r c h M f g . C o ................ 1 0 0
N e w C e n t r a l C o a l ................................. 1 0 0
j O n t a r i o S i l v e r M i n i n g ......................1 0 0
O r e g o n I m p r o v ’t C o . t r . r t - c t s . - l O O
P e n n s y l v a n i a C o a l ............................. 5 0
Q u i c k s i l v e r M i n i n g .............................1 0 0
P r e f e r r e d ................................................1 0 0
S t a n d a r d G a s , p r e f .............. ...........1 0 0
T e n n e sse e C oal A Iro n , p r e f . . .1 0 0
T o ia a
L a n d T r u s t ............ 1 0 0
U . 8 . C o rd a g e , g u a r., t r . c e rtfs .1 0 0
U . 8 . E x p r e s s ..........................................1 0 0
W e l l s . F a r g o E x p r e s s ..................... 1 0 0

R a n g e ( s a le s ) i n 1 8 9 7 .

B id .

A sk.

150
29

156
41

1110
85
85

88

L o w e s t.
150

156
36

154

Jan .

1 1 0 **Jan.
90
Jan .
85
Jan .

I l l ’T a n .
90
Jan.
85
Jan.

2 4 1# J a n .
43 g J a n .

24% Jan.
438 Jan.

20
Jan.
101% J a n .

2 0 18 J a n .
103% J a n .

kj 1
23** 24*2
4*4

Jan.

H ig h e s t.

5
172
40

66

6 4 *4 J a n .
37 % J a n .

65
39

24%
70
40

24%
80
50

24*4 J a n .

24% Ja n .

12

Jan.

12

52
13
5

56
15
7
7

10

12

65
J37%

4*«

Jan .
Jan.

Jan .

5

Jan.

5

JaD .

10

Jan.

10

Jan.

102

Jan .

102

JaD .

39*2 J a n .
97
Jan .

40
99

Jan.
JaD .

30*6” '
W

38

197*$

1%

12

43
99

J A c tu a l s a le s .

NEW YORK STOCK EXCHANGE PRICES. -S T A T E B O N D S J A N U A R Y 8.
S E C U R IT IE S .

B id

A sk.

S E C U R IT IE S

A l a b a m a —C l a s s A , 4 t o 5 ...........1 9 0 6
C l a s s B , 5 s ....................................... 1 9 0 6
C l a s s C , 4 s ..........................................1 9 0 6
c u r r e n c y f u n d i n g 4 s ................. 1 9 2 0
A r s a n s a s —6 a , f t m d , H o l . l 8 9 9 - 1 9 0 0
d o . N o n - H o lf o rd
f s. A rk a n e a a C e n tr a l R R . . . . . .
L o u i s i a n a —7 s , c o n s ..............
x 9 l4

102
102
94
92

....

M i s s o u r i —F u n d ............ . . 1 8 9 4 - 1 8 9 5
N o r t h C a r o l i n a — 6 s , o l d ..............J A J
F u n d i n g a o t .................................... 1 9 0 0
N e w b o n d s , J A J ............1 8 9 2 - 1 8 9 8

*94*

S p e c i a l t a x , C l a s s I ..............................
C o n s o l i d a t e d 4 s ........................... 1 9 1 0
6 s ............................................................. 1 9 1 9
.......... 'S o u t h C a r o l i n a —4 * 2 8 , 2 0 - 4 0 . . 1 9 3 3
\ 6 s , n o n - f u n d ..................................1 8 8 8

■Lamped 4a.......

New York City Batik Statement for the week ending
Jan. 2, 1897. W e o m it tw o ciph ers ( 0 0 ) in a ll cases.
B ank s.
( 0 0 s o m it te d . )

S p e c ie .

L e g a ls . D e p o s its .

B a n k o f N e w Y o r k . $ 2 ,0 0 0 ,0 $ 1 ,9 1 0 .0 $ 1 2 ,4 9 0 .0 $ 2 ,0 6 0 ,0
M a n h a t t a n C o ............. 2 ,0 5 0 ,0 2 ,1 4 0 ,2 1 3 .2 0 8 ,0 2 ,6 4 2 ,0
M e r c h a n t s ’................... 2 ,0 0 0 .0 1 ,0 4 8 ,2 1 0 ,1 0 1 .8 2 ,0 5 1 ,3
M e c h a n i c s '................... 2 ,0 0 0 ,0 2 ,2 0 9 ,4
8 .8 2 6 .0 1 ,1 2 2 ,0
A m e r i c a ........................
1 ,5 0 0 ,0 2 ,5 0 8 .4 1 7 ,9 4 9 ,3 2 ,3 2 7 ,0
P h o n i x ..........................
2 8 4 ,0
l .o o o .o
3 6 1 ,9
4 ,0 7 8 .0
C i t y ..........
................. 1 ,0 0 0 ,0 3 ,5 8 2 ,3 2 3 ,0 1 5 .3 5 ,6 9 2 ,3
T r a d e s m e n '* ................
2 .0 3 4 .9
2 2 0 .3
7AO,o
8 6 .5
C h e m ic a l .....................
3 0 0 ,0 7 .3 8 1 ,7 2 2 ,9 9 6 ,7 3 ,6 8 6 ,6
3 I e r c h a n t.s ’ E x c h ’g e
8 0 5 ,0
6 0 0 .0
1 8 5 .9
4 ,2 0 3 .0
G a l l a t i n ........................ 1 ,0 0 0 ,0 1 ,6 4 8 ,0
6 ,2 4 1 ,6
5 5 3 ,0
B u t c h e r s ’ A D r o v ’r s ’
3 0 0 .0
1 5 2 .0
2 0 9 ,8
1 ,2 5 0 .0
2 6 5 .0
M e l i a u i c s ' A T r a d ’s
4 0 0 .0
1 ,8 4 0 .0
2 7 8 .6
1 1 3 ,2
G r e e n w i c h ....................
1 5 8 .4
9 3 0 .1
2 0 0 ,0
L e a t h e r M a n u f a c 'r s .
3 3 8 ,0
6 0 0 ,0
4 9 5 ,9
3 ,5 2 8 .8
S e v - m i l .............. ............
3 0 0 ,0
2 4 8 .7
1 0 5 ,4
1 ,3 0 0 ,3
S t a t e o f N e w Y o r k . 1 .2 0 0 ,0
1 4 4 ,3
5 0 0 ,9
3 ,4 5 0 ,7
A m e l e a n E x c h a n g e 5 ,0 0 0 ,0 2 ,4 8 2 ,1 2 3 .4 7 9 ,0 1 ,6 7 7 .0
C o m m er< e ..................... 5 ,0 0 0 .0 3 ,0 7 2 .8 2 2 ,9 8 9 ,4 1 ,9 9 8 ,9
B r o a d w a y ...................... 1 .0 0 0 ,0 1 ,6 6 5 .5
7 0 8 ,4
6 ,5 3 5 .3
M e r c a n t i l e ..................... 1 ,0 0 0 ,0 1 ,0 0 0 .0
7 1 5 ,9
7 .0 5 4 ,9
P a c i f i c .............................
4 2 2 ,7
4 8 2 .5
2 ,2 7 rt,l
4 1 4 .5
R e p u b l i c ........................ 1 .5 0 0 .0
9 3 8 ,6 1 1 ,6 2 7 .0 2 ,2 2 5 ,3
C h .it h i n ........................
4 5 0 ,0
9 8 0 ,3
6 ,0 5 5 .2
5 4 5 ,0
P e o p l e s ’.
............
2 0 0 ,0
2 5 3 ,0
2 3 5 .7
1 .5 0 7 .9
7 0 0 .0
5 9 3 .0
8 7 1 .3
N o r t h A m e r i c a ..........
5 ,6 8 1 ,8
H a n o v e r ......................... 1 ,0 0 0 .0 2 ,0 6 3 ,3 1 7 .4 7 2 ,2 4 ,8 0 1 ,9
I r v i n g ............................
5 0 0 ,0
2 5 4 ,6
3 5 5 .6
2 .8 7 0 ,0
C i t i z e n s 4 ......... ............
6 0 0 ,0
4 8 4 ,0
2 ,7 1 4 .4
4 1 3 ,6
1 8 7 ,5
N a s s a u .............................
5 0 0 .0
2 7 6 .8
2 .1 6 8 ,4
M a rk e t & F u lto n ...
6 8 0 ,4
9 0 0 ,0 . 1 ,0 2 6 ,7
5 ,8 1 3 ,1
369,1
S h o e A L e a i h e r ......... 1,00(1.0
1 0 5 ,4
3 ,3 0 1 ,0
C o r n E x c h a n g e ......... 1 ,0 0 0 ,0 1 .2 9 2 .6
9 ,0 3 5 ,1 1 ,3 5 0 ,2
5 5 6 .0
C o n t i n e n t a l .................. 1 ,0 0 0 .0
2 3 1 ,8
4 ,8 4 6 ,8
O r ie n ta l.
............
1 4 8 ,5
8 0 0 ,0
4 0 6 ,8
1 .7 6 0 .0
I m p o r t e r s ’^ T r a d ’r s 1 ,5 0 0 ,0 5 ,7 1 5 ,3 2 2 ,2 5 6 ,0 3 ,1 5 6 ,0
P a r k .................................. 2 .0 0 0 ,0
2 4 ,4 0 0 ,3 5 ,6 8 3 ,3
1 ,1 5 3 .4
1 5 1 ,1
E a s t R i v e r ....................
2 5 0 .0
1 4 1 .2
F o u r t h ............................ 3 ,2 0 0 .0 2,1 10,3 2 0 .5 4 9 .3 2 ,7 5 5 ,1
C e n t r a l .......................... 2 ,0 0 0 ,0
8 ,7 6 9 ,0 1 ,2 3 1 ,0
5 4 9 ,3
3 0 0 ,0
8 5 7 ,0
S e c o n d ............................
4 ,5 0 1 ,0
6 6 2 ,0
3 5 9 .2
7 5 0 ,0
3 ,0 5 0 ,3
N i n t h ...............................
3 5 0 ,1
F i r s t .......................... . . .
5 0 0 .0 7 ,0 3 5 ,2 2 3 .4 1 2 .6 3 ,3 9 1 ,8
T h i r d ................................. 1 ,0 0 0 ,0
2 6 0 .6
7 ,9 5 0 ,3 1 ,4 7 0 .0
1 2 8 ,8
3 0 0 ,0
1 ,2 8 3 ,7
N . Y . N a '. 'l E x c l i ’g e .
7 1 ,7
4 1 5 ,0
2 ,8 6 4 ,0
2 5 0 ,0
6 0 1 ,5
B o w e r y ......................
5 0 5 ,2
2 0 0 ,0
2 ,4 6 1 ,9
N e w Y o rk C o u n ty ..
4 2 2 ,7
1 9 7 .9
2 ,4 9 8 ,2
7 5 0 ,0
2 9 3 ,0
5 0 0 ,0 1 ,5 0 0 ,0 1 5 ,9 4 9 ,3 3 ,8 5 0 ,4
8 ,8 0 1 ,3
■
1 0 0 ,0 1 ,0 8 7 ,6
2 ,4 6 3 .2
2 8 0 ,4
2 0 0 ,0
6 0 6 ,6
G e rm a n E x c h a n g e ..
5 1 2 ,6
2 0 0 ,0
6 7 9 ,9
3 ,2 8 1 ,6
5 ,4 4 1 ,4 1 ,0 7 2 ,1
5 0 0 ,0
5 8 9 ,8
8 2 3 ,9
3 0 0 ,0
6 1 5 ,0
5 ,5 4 7 ,3
8 5 3 .9
7 0 8 ,3
3 ,0 3 3 ,7
2 0 0 .0
2 0 6 .9
1 ,5 9 0 ,6
2 0 0 .0
3 1 4 .2
F i f t h ..............................
7 9 7 ,5
8 0 3 .2
4 ,3 4 9 ,8
3 0 0 ,0
B a n k o f t h e M o tr o p .
2 .0 2 6 ,0
1 7 6 ,0
2 0 0 .0
3 2 3 ,4
7 4 7 ,0
3 0 1 ,5
5 ,6 5 5 ,0
5 0 0 ,0
1 ,6 0 0 ,0
1 6 1 ,0
3 4 7 ,1
2 0 0 .0
S i x t h ...............................
8 3 4 ,6
2 ,1 0 0 ,0
4 2 0 ,6 1 2 ,3 0 9 ,9
0 1 8 ,0
5 ,0 9 4 ,0
3 0 0 ,0
9 4 0 .7
1 ,2 0 0 ,0
9 .3 7 2 ,6 1 ,5 4 1 ,0
5 8 1 .8
2 9 8 ,8
2 ,4 6 0 ,6
2 3 6 ,7
5 0 0 .0
5 6 4 ,3
3 ,3 8 8 ,9
3 1 8 ,1
N . Y .I ^ r o d . E x c h ’g e . 1 ,0 0 0 ,0

$ 1 ,3 0 0 .0 $ 1 2 ,1 8 0 .0
2 ,9 7 3 ,0 1 5 ,7 0 0 ,0
2 .0 1 2 .3 1 3 ,0 5 1 ,6
1 ,3 5 0 ,0
7 ,8 0 7 ,0
3 ,0 8 8 .0 2 0 ,5 5 1 ,2
7 7 4 .0
3 ,8 1 2 ,0
3 .9 3 1 ,7 2 8 ,2 7 3 ,9
53 4 .1
1 .8 5 5 ,6
5 ,1 1 1 .8 2 4 .3 9 1 ,7
3 6 8 ,0
4 ,6 6 7 ,3
7 4 3 ,7
4 ,6 5 2 ,1
2 4 2 .3
1 .3 0 7 ,1
5 7 5 ,0
2 ,2 6 0 ,0
2 3 3 ,4
9 4 2 ,3
1 ,7 0 4 ,3
4 ,4 1 0 ,2
3 2 0 .8
1 ,7 4 3 ,7
3 2 4 ,3
2 ,5 1 6 .4
3,*J4f>,0 1 8 .0 1 2 ,0
4 ,1 6 0 .9 1 7 ,7 5 0 ,6
5 9 7 ,9
4 ,6 2 2 ,6
1 ,3 5 6 ,5
7 ,4 8 4 ,4
6 0 0 ,3
2 .9 4 9 ,2
1 ,3 7 7 .4 1 2 ,6 7 1 .9
6 ,2 2 6 ,4
1 .3 3 5 ,7
7 8 9 ,0
2 ,6 7 9 .6
7 5 8 ,8
5 ,9 0 5 ,5
2 ,0 7 6 ,5 2 2 .2 3 0 .7
4 8 0 .5
*3,738,0
3 9 2 ,5
3 ,2 0 3 ,3
5 3 9 ,1
2 ,7 7 1 ,9
7 2 5 ,3
5 ,5 4 8 ,2
3 ,3 1 0 .1
4 2 8 ,9
1 ,9 4 8 ,0 1 1 ,0 0 6 ,6
9 3 9 .2
5 ,5 3 9 ,2
4 2 8 .4
1 .7 3 1 .0
6 ,2 2 0 ,0 2 5 ,7 3 5 ,0
5 ,7 9 6 ,5 3 1 ,6 8 6 ,0
4 0 6 ,3
1 ,3 3 6 ,3
3 ,1 8 4 ,5 2 1 ,5 9 3 ,5
3 .3 1 8 ,0 1 1 ,0 7 5 ,0
6 8 1 ,0
5 ,3 6 7 ,0
1 .4 0 4 .4
4 .1 5 0 ,6
2 ,8 0 7 ,1 2 2 ,9 7 0 .6
1 .0 2 6 ,1
8 ,7 5 8 ,7
1 ,1 9 6 ,6
2 2 2 ,7
7 6 7 ,0
3 .4 5 3 .0
2 8 2 .6
3 ,0 9 0 ,6
5 2 0 .0
2 .3 8 6 ,5
1 ,9 3 9 ,3 1 9 ,4 0 0 .4
7 ,4 3 3 ,2
6 9 9 ,4
3 ,2 1 0 ,4
6 1 0 ,3
4 1 4 ,8
4 ,1 3 7 ,8
6 ,1 3 6 ,1
7 1 2 ,0
6 ,9 0 0 ,3
1 ,6 2 9 ,0
6 7 7 ,9
4 ,6 2 5 ,3
1 .5 8 3 ,5
2 1 2 ,5
1 ,0 1 4 ,9
5 ,7 7 8 ,5
2 ,0 5 9 ,0
3 7 6 ,0
6 ,9 6 3 ,0
1 ,3 2 9 ,0
1 ,3 5 6 ,0
2 5 4 .0
2 ,5 3 2 ,0 1 2 ,4 1 2 ,4
7 9 0 ,8
5 ,2 8 1 ,0
5 4 3 ,0
8 ,7 4 6 ,5
2 ,4 4 9 ,2
3 2 7 ,7
1 6 5 ,9
2 ,8 7 7 ,7

T o t a l ......................... 6 0 ,7 7 2 ,7 7 4 ,8 8 8 ,1 4 9 1 ,3 7 5 ,9 7 0 ,3 4 2 ,3

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

L o a n s.

B id

A sk.

80

8 2 ia

607b

61*2
6%

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

ioi*

105

124
10O

do

1913

4 * 2 8 .........................1 9 1 3

V ir g in ia f u n d e d d e b t. 2 - 3 s ...l 9 9 1
0 8 . d e f e r r e d C a t r e e 't a . s ta m p e d

%

6

New York City, Boston and P h ila d elp h ia Banks:
C a p ita l a
B a n s 8.

O a y M o ll S u r p l 's

A E C U K IT JE F .

3 s . r . .....................................

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

« f- * o o n o l s . 4 s . . . ........................ 1 9 1 4

A ak

B id .

S u r p lu s .

L oans.

Specie.

N . Y .'
$
$
D e c . 5 ..! 1 3 4 ,5 2 1 , •1 4 7 2 ,4 4 1 ,8
** 1 2 .. 1 3 4 .5 2 1 , 4 4 8 3 ,5 0 3 .5
14 1 9 .. 1 3 4 ,6 5 8 . l l 4 8 7 , 0 1 6 ,0
44 2 6 ..! 1 3 4 ,6 5 8 . 1 1 4 8 7 ,6 7 3 .3
J a n . 2 .. 118 5 ,0 6 0 , 8 4 9 1 ,3 7 5 ,9

Legals.

D eposits.- O irc'l’n Clearings

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

8 2 ,2 9 9 ,0 5 0 2 ,0 4 6 ,(,0 1 9 .9 9 7 ,7
8 4 ,1 0 9 ,5 5 1 6 ,6 0 5 ,(.0 1 9 ,8 4 1 ,3
8 6 ,9 2 0 , o ' 5 2 3 ,5 8 9 ,1.9 4 9 ,7 9 7 , 1
8 9 ,0 0 1 ,2 ! 5_______
2 5 ,8 3 7,2
,‘ 1 9 ,7 6 0 ,0
8 9 ,6 4 0 ,9 :5 3 0 ,7 8 5 ,0 1 9 ,6 0 0 ,1

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

D ec. 19..! 09,351. 8 1 6 5 .0 9 3 ,0 1 0 .4 4 4 .0
26.. 69,351 .8 1 6 4 ,8 5 0 0 1 0 .4 0 2 .0

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

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

B on.'

Jan.
P h iln . •
D e c . 19..

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

1 0 1 ,5 4 7 , 0
3 1 .4 7 9 .0
3 5 ,2 6 3 , 0 1 0 0 ,5 5 8 .0
44 20.. 3 5 .2 0 3 , .0 1 1 0 0 ,4 0 9 ,0
9 9 .4 2 6 , O'
2 9 .6 7 0 .0
1 0 2 ,4 4 4 , 01
J s n 12.. 3 5 .2 0 3 , 0 4 0 0 , 3 3 3 ,0
3 1 .5 9 6 .0
* W e o m it lw o c i\ hers i n all these figures.
t I ncluding for o i t j n a n d P h i l a d e l p h i a t h e i t e m “ d u e t o

g

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

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

o th e r b a n k s" .

Miscellaneous and Unlisted Bonds:
l l i s c e l l n n e o i i M B o i k I m.
A m e r . S p i r i t s M fg ., 1 s t 6 s . .
B r 'k l y n U n . D a s , 1 s t o o n s . 6s.
C h . J a n . A 8 . Y d s . —C o l .t .g .,5 s
C o l o r a d o C A 1 . 1 s t c o n s .6 s ,g
C o l. C. A I . D e v e L 'g u . 5 s .........
C o lo r a d o F u e l A I . —G e n . 5 s .
C o l. & H o c k . C o a l A I . —6 a , g.
C o ii8 .G a « C o .,C lilo .—l s t g u . o s
C o n s o l. C o a l o o n v . 0 » .................
D e t. G a s c o n . 1 s t 5 ......................
E d i s o n E l e c . 111. C o .— 1 s t 5 s ..
D o.
o f B k l y n ., 1 s t 5 s ..
E q t i l t . G .- L ..N . V .,c o n s . g . 5 s .
E q u i t a b l e li. A F . —1 s t 0 s ___
H e n d e r s o n B r id g e — 1 s t g . 0 s .
I l l i n o i s S t e e l d e b . 5 s .................
N o n - c o ii r . d e b . 5 s ...................

M is c e lla n e o u s B o n d s.
I n t . C o n d . & I n s . d e b . 6 * .........
M a n h a t . B e a c h H . A L. g . 4 a .
M e tr o p o L T e l. A T e l . 1 s t 5 s . .
M ic h .- P e n in . C a r 1 s t 5 s —
100
M u t u a l U n i o n T e l e g .—6 s , g . .
N a t . S t a r c h M f g . 1 s t 6 a .......... 1 0 0 b .
N .Y . A N . J . T e l e p . g e n . 5 s . .
N o r t h w e s t e r n T e l e g r a p h —7ft
P e o p l e ’ft G a s A C . t 1 s t g , 6 s .
C o ., C h i c a g o ........ f 2 d g . 0 s .
7 7 % b.
1 s t c o n s . g . 6ft ........ .................
99 b .
1 1 0 > sa ,
S t a n d a r d R o p e A T . I s t g 6s.
75 b .
I n c o m e 5 s ...........................—
25 b.
S u n d a y C reek C oal 1 s t g 6 s.
95 b
U . S . L e a t h e r —8 . f. d e b .,g .,6 s .
110 b
W e s te rn U n io n T e l e g .~ 7 s ... 1 0 7 % b .
W h e e l . L .E . & P i t t s . C o a l l s t 5 f t ...........
N ote .—‘V in d ic a tes p ric e bid; “a " p rice asked. * L a te s t p ric e th is w eek.
7 4 % b.
1 0 6 b.

..

Bank Stock L is t—Latest prices this week.
BANK&

| B id .

A sk.

A m e r i c a . ........ (315
A m . E x c h ...l7 1
B o w e r y * .........j 31 0
B r o a d w a y . .. . 2 3 0
B u t c h . & D r . . 1 25
C e n t r a l .......... j 125

330
174

C h a t h a m ........ 2 9 5
C h e m ic a l — 4 0 0 0
500
C i t i z e n s ’ ........ 1 2 5
C o l u m b i a ___ 1 7 5
C o m m e r c e .. . 2 0 0
C o n t in e n t a l . 130
C o rn E x c h ... 2 8 0
E a s t R iv e r .. 125

305
4300
700
13 5

240
140
130

204
135
290

F ifth A v e .... 2900
F i f t h * .............. 2 5 0
3500j
F i r s t N ., 8 . 1 . 1 2 0
1 4 th S tr e e t..
175
185
G a l l ' n ......... 3 0 0
320

BA N K S.

B id .

G arfield ------ 3 5 0
G e rm a n A m . 1 0 8
G e rm a n E x * .
G e r m a n ia — 350*
G r e e n w ic h ... 1 65
H a n o v e r ........ 3 1 0
H u d . R iv e r .. 1 5 0
Im .A T r a d ’r s 5 2 5
140
I r v i n g .......
L e a th e r M i s ’ 1 7 0
L ib e rty * ........ 1 2 8
L in c o ln ......... 7 5 0
M a n h a tta n ... 2 0 5
M a rk e t A F a l 2 1 5
M e c h a n ic s 4. 1 8 0
M 'c b a4 A T r s 4 1 3 0
M e r c a n tile ... 1 7 0
M e r c h a n t.4.. 1 3 2
M e rc h ’t . E x . 110
M e tro p o l’a ... 4 2 5
M t. M o r r is .. 100
150
N a s s a u ...
N . A m i ’d a m . 1 9 0
N e w Y o r k .. 230

A sk .

375

540
150

215
230
195
13 5
140

(*N ot Listed.)

BA N K S.

N . Y. C o’n t y
N .Y .N a t .E x
N in th .............
1 9 th W a rd ..
N . A m e ric a .
O r ie n ta l........
.P a c if ic .........
j P a r k ..............
P eo p le’s ........
P lie n ix .........
P ro d . E x .* ...
R e p u b lic ___
S e a b o a rd —
s e c o n d .........
S e v e n th . . . .
S h o e A L e ’th
S ta te o f N .Y .
T h i r d ..........
T r a d e s m 'n ’s.

U n i o n ...........
U n io n S q ....
U n ’d S ta te s .
W e s t e r n ........
JW eet S id e ...

B id
i d . A as k .
650
108*
1 00
1 30
17 5
170
255
10 4
11 5
140
168
425
1 00
90
108
100
93
195
1 75
175
114
275

ii* 5 "

__
..
1 35

2*6*5
110
J60
177
94
10 2 %
95
200
120

THE CHRONICLE

74
n r .h .

e n iu n iiu ’K U

A c tiv e f tto e k i*

A Jg fe . T ,

I N I I 'S w I w il .l O O ^

&£•*<&* *

A 0 fek»

w * s i„ c ity

IhlJtSteote Y n e rtie n

**

tw

-

J* 1

»*
W

W a it) Br ,» y. T r a F a f i

••.• V V■>%'> Vt
»*»«»» * L*>**u
KW-V-- '- 4 M Jiiw*.
O M W ki o f V M t ,

t-

M o n d ay ,
J*n 4

14

14%

14%

23

26

« •%

83*4

S a ta is la j,

f }a&>o*s*a m U l f f u

10^
10*'
i Of

IOC
iC*C
i
m
u
«
1
09
*■«■• **•
C a e r t h»l
vc
lo t
tjtv # s t t j .f t f i s i l * .
y tte h t-n r* c ra f. i<.
u » u > v « t i « r , f < • » « * .; . »<

t t a m p e P a P m e .?
K «rtw im

“

lO

W«v £ sMtiawdU. . .

’*

lO

14

"iT% 17%
******
m% 16V*♦
161 i6a
*in
•m
70%
7 3 ^ 7 .1%
7 % 7%
tt
n
91
91
30% 30 %
%m 109%
? * 7%

•1 71*

18

•fBT* 309*4
305
2*>8
102*4 162*4
*10

57*4 57*4
s w * 70%
7*
73*4
7*
7*»
at %

22

92

02

30%

no

3 0 I(

1 10*4

7*.

7%

tU L t'n t> tig

v n ii

q|p*<*fe*ra

IXXH 111%

1101* U l< 4

l(Hi% 10>% U<07a UK)’,
p r e f e r r e d .........
*’
S a il T V ,.p h o n e ..
"
1 0 0 *l'*»%205% 2 0 5 * 4 2 0 6 * 4
97
97*
91* 97
5 » : & M > « taaa.
"
86
7%
7*4
7*
7
W atte >% B o sto n .
"
35
330 330
O a lu u te t * H a ela
*'
35 326 328
____ _ *51
.....
O M V n Co ........ ( 8 a u , ) . \ 0 0 •53
61
61
61
6*
O m M U d a te d G a s
"
lo o
23
28
23
20
ShM jM ftr. B aP y fO 'W Ja.K lO O
30*4 30*4
P tw fa rre d *
“
100
*64%
61*4 65*4
34
31*s
32% 34
__ k) Kit Mfe
•
75
74
75
76
P re fe rre d
....
40
•36
39
♦3tf
n u soi*
i ...
“
ioo
inaturao Htnrteter
”
SO •80% . . . . •2 *>f ...
L ah t’h r*«»l* s-.T . i t 4 0 « . 50
41% 41% 4 1 * 4 4 1 * 9
It. E Tel.phoee rSorfenJ.lQO 101% 101% 102

102

T u esday,
J a n . 5.

~14

14

C " ~
62
*17*4
1 7 *4

1*7*4
63
17*.
17*4

W ednesday,

B id ,

J a n . 8.

1 4 * « 1 4 *4
•1 9 * -1 8 *
*16

T h u rsd ay ,
Jaa. 7
H%

F r id a y ,

Jau. 8 .

14%

U »4
•1 8
■17

‘ 81
*17*4

7* 4

•1 7

-------

*7*4

7*4

’# 1 *
92
30*4 3 0 *
110*4 1 1 0 *
*7*4 -------

92
92
30>« 3 0 *
7*4

110

111*4

lo t

io i

206*4 206*4
96*4 93*4
7*,
3
335
335
-5 1
....
61
61
2 ? 7s 2 7 %
30
30
6 1 4 05
33*4 33*4
*75
77
39
38
*2.1*4 . . . .
*41
41*9

*101*4 102

1 0 0 * 4 101
207
2*7
97*4 91*
6%
70
340
345
*51

21
30
65
34
75
20%

28
30
65

21

41*% 41*

102

14
71

102

14*
71*

"i%

B ond*.

1 U n ite * * d .

14%
-1 8
18
62
17%
17%

» A nd a a o rn e d In te r e s t.

7%

......
•21
91 * 91*
*S£i* 92**
30% 3 0 % 3 0 * 4 3 0 %
110
109*4 100*9
110
7*
7%
7%
7%
■35

27*
30%
05
33*
70%
33
21
41%
102
14%
71%
43
*17b

B id,

9>r
25 «
_ T
20 •

14
•18

Jan.
Jaa.

5 14% Jan.
8 •25 Jan.

7
4

61 •» Jaa.

5 fflM J in .
2 1*% Jan,
7 17% Jao.
4 210 Jan.

4
2
5
0

1 ’ % Jan.
17% Jan.
14 209 J an.

7 t *5
7 9 *62
10 1 0 %
57
6
1 0 .300 6 3 * 9
8 ,0 2 .5 7 3
7%
41
425 21%
141 91 '
1,0 10 3 0 * 4
10 1 0 9
7%
74121

.Ita .
.ra n .
Jaa.
Jau.
Jaa.
Jm .
Jan.
J in ,
Jaa.
Jau.
T an.
Jaa.

2 207
2 1*4

Jan.

4

Jan.
Jan.

10 % J a n .
57%
7 i-4
75
7%

Jan.
Jan.
Jan .
J an.
22 J a n .
92
Jan,
3>% J a n .
n o * Jan.
7* Jan .

4
8
8
4
2
2
2

01*4 J a n ,

7

1 0 Jan.
33% Ja n .
17’
Jan.
52
Jau.
13% J a a ,
6 3 % Jia .
9
Jan .
9 % Jan.

6
7
3
7
4
8
7
4

110
Jan.
5 111* Jan.
10**% J a n .
8 1 )1
Jan .
Jan .
205% Ja n .
4 2 0
01* Jaa.
2 99% Ja n .
6 *9 J a n .
8
8 Jan.
Jan .
33J an,
2
Jan ,
60
Jan .
8 00
00% Jau .
6
Jan .
Jan.
2 7 * . ran .
_ 28
30
Jau .
,30% J a n .
64 a Jan.
J
05% a n .
34 % J a n .
3 4% J a n .
74
Jan ,
77% J a n .
3 0 * Jan.
38
Jan .
2 1 % Tan.
20% Ja n .
41% J a n .
i* % J a n .
101% Ja n .
2 1 ,>2
I ,n .
*4% J a n .
13% J a n .
71
Jan.
71% J a n .
42
Jan .
4 aSu, J a n .
1% J a n .
5
1% J a n .
r e e „ a ll in s ta l. p a id .

4
6
8
8
5
7
8
2

61

"9 3 * 7 1 3 % J m ,
10** 3 3 % J a n .
2 0 8 1 76 4 J a n
3 . 2 '3
51* Jaa.
3 0 , 2 2 1 3 1,, J a n .
1 ,6 2 6 6 8 * J a n .
5
8 %Jan.
8% J a n .
3 ,1 5 0

111
1 1 2 % 1 3 ,9 6 2
841
10>% 101
84
209
210
1 6 , 6 1*<
93% 99%
2
8
,
1
41
(5*9
0%
100
340
24 *
100
60
00
537
-6 0 *
61
893
27 a
27*
27*
57<)
30
30
30%
6SM
531
65
65
3 ,3 6 2
33* * 3 3 * 3 4
77 hi * 7 6
345
77*9
654
33
38*
38%
116
21
21*9 21*9
414
124
41*9 41*9
194
L >2
102 103
14%
14% 14% 1 , 4 1 5
509
71%
71*9 71*9
287
42* 42*
43%
2
190
* 1%
2
$ T raat

7.

H'srh^v-,

Lowest,

20

111%
100 ^
208
90%
7
317%

A sk.

B » n * e o f e a l e a lr* 1 8

Week,
Shares.

40

61
0 1 % 61
•6 7
69
-mom
13*
13*
13%
33*9
33% 3 3% • 3 3
177
177
177
177
51% 52
61% 52
19*16 13a is 1 3 » , „ 1 3 %
6 7 * 08
88%
88%
8%
8%
9
9
9 1#
9%
9%
9%
181%

110%
1 0 0 HI
2 17%
97%
0%
3 41

.

B a le s
o f th e

71
B o sto n D n lto d G a s, 2d tn. 5 * ..1 9 3 9 § 70
p r tc e t o f J a n u a r y 8.
B u r l.* Mo. R iv e r E r a a p t 6 b, J & J U 1 6 % 117%
A U »»t* 4 C h a rlo tte t6a*<. 1.100
107
J fo n -a re n ip t 6 b___ ..1 9 1 8 , J J t J f 106
B a* n * ProvMeocMMSn*fon).100 2 6 0 263
98
P la in 4 s . ...................— 1910, Jd*J 5 95
Omu j e o 5 iU a a t t o p f. ( F a tt o .) , SO.
Ohio. B ari. A N o r. l o t s , 19 2 6 , A&O $103% 104
3 % .......
____________
" 50
99*
2d m a rt. 6s .................1918, J& D \ "
V«rt p«s?*rT * d . . . . . . .
**
50
4 8 % .......
D e lie n tu re 0 s . ............. 18 9 6 , J * D
0*017*1 O hio _________ ( H a iti 50
30
....
CS&lrajco ,4 W ent M ich.f B u tto n ) . 100
5
10
Ohio. B a r l.4 Q a ln a y 4 s 1922, FA A ? 9 3 ” 9 4
OODDwU**!* 4 Pfc**..
*•
100 145 140%
Io w a D iv isio n 4 s ........1 9 1 9 , .4 * 0 § 95
98
O se ftM tS o a tE lv e r . . .
“
100 245 250
O h io ,* W.MJoh, g e n . 5 s , 1 9 2 1 , J& D § 42
45
OrjawtS T r a e t o f > f.J,f (P 4 U a .).1 0 0
54
25
C o n so l, o f V e rm o n t, 5 b . 1 9 1 3 , J * J § 52
0*l*w *rr4t8<H iK dB 7.
'•
100
C u r r e n t R iv e r, 1 s t, 5 S ..1 9 2 7 , 4 * 0 $ 50
70
f l i t I 4 P e w M a r t i , . . ( H oiltm ) . 1 0 0
10
12
D e l. L a n s. A N o r'n M. 7 s . 1 9 0 7 . J * J * 55
60
P re fe rre d .....................
" 100
31
29
E a s te r n 1 s t m o rt 6 v. 1 9 0 6 ,M 4 8 . . 5118 119
H e a to n rllle P a * * » se. (P ftU a .}. 5 0
50
J re e,E U t.& M .V .,lB t,6 s.X 9 3 3 , en d . $125 127
P re fe rre d
........
11
50
60
U n sta m p e d , 1 st, 6s , 1 9 3 3 .............. $123 125
H a a s . * B rw sd T u p ...
"
50
70
24% K .O .C .* 8 n rln s „ lB t,5 g .,1 9 2 5 , 4 * 0 j 50
P r e f e r r e d ..................
'*
50 5 1 * . . . . . . K 0. F . 8.& M , o o n . 6 s , 1 9 2 8 , MAN $ 8 0
85
5
K a it C*y PtJS. & M sn M flo » la« ).1 0 0
10
'• ’
K.Q. M em . * B lr.,1 s t,2 s ,19 2 7 . M &8 * 66
68%
P re fe rre d .....................
•' 100
35 | 5 0
K .C . 8t. J o . & C . B ., 7 s . .1 9 0 7 . J & J $110 120
UVSi* d e im v tw u .,___ <PkUa.\. 50
50 ! 50% L R o e k A F l 8., 1 s t, 7 » ..19 0 5 , J * J 5 70
75
M ale # ( v n>ra . ......100
129 130
B o ats., Ev, * 8 t.L .,lB t,6 g .1 9 2 6 , 4 * 0 4 99 * 102
k ite e m i l t 8 H » r * r j P 5 J a . >
50
53%
2 m . , 5 — 6 g ...................1 9 3 6 , 4 * 0 $ 83
86
S e e - i a e O n n l r , Va.i ...
50
64
M ar. H . * O u t., 69.........1 9 2 5 , 4 * 0 $107 108
__ s<,. M e rlo a n O e n tra l, 4 g , . . 1 9 l l , J * J $ 06
W orth A U,*M>•*»*) On , .
**
100
66*
W orth P e B a « f ir* a !* .
“
50
84 . TTfrr
1 s t o o n so l.In co m es, 3 g, n o n -c a m .
15
10
O r ft6. U s e a ll a**M «lr B o tta n ) .1 0 0
14
15
2d c o n so l. In o o m es, 3s. non-ouoa.
6%
7*
P » 0n * y ir* a s * A N, w . ( PAu'a. 1 . 50 *•«•»»
N . Y . * N .E n g ,, l e t , 7 6 ,1 9 0 5 , J * J ‘ ,118% 119
.50
n S M t l . A E r ie ......
17
1*1 naort. 6s ............ . .. 1 9 0 5 , J & J 1 1 2 - 113
.100
K a « A ................. . . . I Ho
I
%
O g d en . * L .O .,O o n .6 a ...1 9 2 0 . 4 * 0
84
82
P r e f e r r e d ...................
IOO 40
60
In c . 6b .................................... ... 1 9 2 0
15
.1 0 0
R a tls n d , 1 s t,6s ........... 1 9 0 2 ,M *N i o T 104
P r e f e r re d ,. . . . . . . . . .
•*
100
3 d , 5 s ............................ 1 8 9 8 ,F&A
95
93
W e a l E n d . . . _________( U pturn} . 50
65%
65
P re fe rre d . ..... . . . .
"
50 86
06% A U a n W r x ^ i ^ : l m * M * N
104
104%
H a lte d Co*, o f s , j
ip H O * ,) .i9 0 241
B uirato Ry. oon. 1 st, 5 b. . . . . . 1 9 3 1 110
W tm i J e re e y ................
“
50
46% ■47 | C » t* w l« sa, 81,, 7«..........1 9 0 0 , F * A 109
W s * t J f t . r * e y ,% A l l a n .
”
80
........ . Choo. O kie. * Q a lf, p rio r U en 6s . . 109
110
* « • » '» N Y. 4 P en o
•'
100 * * 2 V
2% C !tisa n e' 8t.R y .o f ln d .,o o n .5 a .l9 3 3
80
75
WteoonelO' ! e n t r a ! . . . t H ot tan j . TOO
1% ;
2% O nlninb. At KV„ 1 st, oon. 5 b. . 1 9 3 2
P r e f e r re d ......................
*• 100
15 i O olutub. O. O ro seto w u, l e t , 59,1933
W ore-*!. 5 *• >. A Rr>.- i
"
100 u a * 120 I O obboL T ra a t. o f ft. J „ ls t.5 e .1 9 3 3
82% 83
* te ,: i ' u . 4 * rt*H 'e
D el. * H-d B r'k , 1 s t, 7 a ,1 9 0 5 , F * 4 121
Al.**,',es % in '* , m i p 4 / j(o*lonj. 25
%'
*1 K t e t o n * Am. l» tM .,5 » .1 9 2 0 , M *N 106% 107*
a u a o u r l i l a l R a ...............
*•
25:
24% 24% , Elen. * Peo pie’s T rae . a to e k . ir . otfa
71% 71%
f a y t lte te O a *
•'
50
6 ! K lrnlr, * WiUu., 1 s t , 8e. 19 10 , J A J . 118
& *,
L *nJ. . . . . . . .
"
20
4
4 % H e sto n v ille M. * F., oon. 5B..1924 1 1 0
O eaterit.iaJ W lolnar,..
*•
10
2%
3 j H u n t. A B r ’d T o p ,C o n .5 a .’9 5 , 4 * 0 1 06
t o n w a y * * « i* e C f ..
**
as
1 | 2 i L e h ig h N av. 4 % e ............1914, Q—J 112
WraBkite sUbIoj. ...
M
as 11
1 1 % , 2 , 1 6 . , v o id ................... 1897 ?& D 102 102 %
W te w e h n i* * * H a y U d ,
**
-35
78
1) G e n e r a l m o rt. 4 % « ,« . 1 9 2 4 .0 —F 1 0 1 *
K a a r e a r c e M ie m a . . ..
M
25
17
17% l e h l g h V al.C ual I s t 5 s , g . l 9 3 0 * j
91% 95
O aoeol* Wlr.iB*. ............
••
35
31
30
I^ehlgh V alley , l » t e * ...1 8 9 8 , J * D 103 % . . . .
P a il m ar, P al* * # Otkt.
“
200 153 154
3d 7 a ...............................1 9 1 0 .M A 8 130 131
P * o o « f lra n !a S teel... (F A iia.!.H W
30
37
O o n s o l . e ............................ ...1 9 2 3 , J A114%
D
........
P re fe rre d e . ___ . . .
'*
JOO 5 1 ; 7 0
N e w a rk P a a ae n g e r, ana. 3 * .,.1 9 3 0 10 4 1 0 4 *
g a J o e y I f la ta * . ........IB o tio n ). 25 124 125
W orth P a n n . 1 s t, i s . . . . 1936, MrsN 1 1 1
111*
Pa.x.rac-fe M iaitsit. . . .
25 1 0 0
103
H e n . M. 7 t ................. 1 9 0 3 , J * J 120
W a te r P o w e r . . . . . . .
1M
1
%
P a te rs o n R a ilw a y , oonsol. 6s ........
W**«B«s.;.
* w.
50
24
P e n n s y lv a n ia g e n . 6», r.,1 9 1 0 , V ar 1 3 0
134
P r e r . ea:m * s)atlre.
50% 51
50
O o n « o l.6a ,o
. . ........1 9 0 5 , V a r
B o n d * 'B o a t o n .
...................1 9 1 9 , V ar 1 1 7
i lT s M
* . r T * » te r » l *, 4a, 1 9 9 8
,78% 79
T r. 4% g ......... 1 9 1 3 , j &d ............1 0 9
A d j o a t r a s n t * . 4 * . 1 9 9 5 .............. ..
4 4 % P a . * N. Y . O a n a i,7 » ...
m6 , J * B
121 [1 2 1 *
W aste* H a lte d (*aa ) a t 5 * .................
8
4
O o n . 5 a . . ......... 1 9 0 9 4 * 0 1 0 7
1
• P r te .la e .ia d e . o v e r d o . 0 0 a p a n .

bx c h v n h bs

17% ■17
T fS
210 210
210 210
3 *9*t 2 0 9 * 200*# 2 10
206
207
208 2u7 200 200
■208
164
164
161*4 162*4 1 6 2 * 4 1 6 2 * 4 164 161
10% 10% ‘1 0 % U>«
•10 ......... *10
•8 6
58
57
57
*56
*86
71
71*
73%
71% 72
60*4 7 0 *
74
71*
74*9 75
74% 71%
73
73*

1 3 * 4 13*4
r a .H r v ,L 4 P .) W f P kiia . ) . . . . .
O n H 'd O a * I 'tsp.T
"
5 0 x7l% 7XH 71*4 71*4
4!
4 2 * ' * 2~
*2%
W stebanh L ig h t A •*
5
%
W#*’ E nd LAWS. J S te fa n *
n 7*
a
1% 1%
n »
ade,
• Bii! an.I *»»>••! p ric e s: no

Inactive Stock*,

sto c k

P e r O e n t n m f* rfe e« .

*6 *
*80*’
*&T~ 6 ir
60
60
F r a f -in o t . . . . .
“
10
*65
• 6 5 * 4 ...........
W o rth .re 0 » n w * l (H * t J « 5*
13* 13*
* 3 * 4 13*4
W « th « r a P e e lh e /r * .a a .jlO O • i i * 14% *13 T 1 %
33*
• 3 1 * 3 1 ; *33
rrwf^rfY^t
**
10 ®
176*4 177 : 1 7 0 * 1 7 7
Old O o-Joar, B-w«w»)
100 1 7 7 “ irT * 177 177
5
1
*
51’
51%
5
l
7s
P«e.& #yiv*si» . . 4 P \U a .i. St* » t * 51** 8 1 * M ’s
13*
l 8
13*
1 3 % 133, « 1 3 4
h a <* M
u . i
*■
s o 131%. ISU%.
6
7
*
8
70
66*
67
67
67
67
Fieiadstph tTtfi
*'
ft7 «7
*9*4
9*0% 9% •37, 9*« * 9 * 10
0 ® to B P i s i * e , , » l ‘lS » * te » » .1 0 0
9*4
9*4
9*
9*4
9*4
8 74
0 * t e a tV ee4 i» B ..f PAIfa-J 5t
• tla r .lla m e o a a H o e A a .
A m » « « * r i£ « S B .» r W a i t e * ; . . . .

[VOL. LXIV,

0

8 i 7%

01

Bonds

2
4
8

B id.. | A s k ,

P e o p le ’s T ra o . t r u s t c e r ts . 48 ..1 9 4 3
P e rk io m e n , 1 s t s e r ., 5 s . 1 9 1 3 , Q —J
P h ll a .* E r ie g e n . M. 5 g .,1 9 2 0 ,4 * 0
G an. m o rt., 4 g . . . . . . . 1 9 2 0 , A&Q
P h lla & R e a d , n e tv 4 g ., 1 9 5 8 , J & i
1 8t p re t. In o o tn a , 5 g , 1 9 5 8 , F e b 1
2 d p re f. in o o m e , 5 g , 1 9 5 8 , F e b . 1
3 d p re f. in o o m e , 5 g , 1 9 5 8 ,F e b . 1
2 d , 5 s ............................... 1 9 3 3 , 4 * 0
O onsol. m o r t. 7 s ........1 9 1 1 , J A D
O onsol. m o rt. 6 g .......1 9 1 1 , J A D
I m p r o v e m e n t M. 6 g ., 1 8 9 7 , 4 * 0
O on. M .,5 g „ s ta m p e d ,1 9 2 2 ,M AN
T e rm in a l 5a, g . . . . . 1 9 4 1 , Q .—F.
P h il. W ilm . & B a lt., 4 8 . 1 9 1 7 , 4 * 0
P it ts . 0 . & S t. L ., 7 a .. .. 1 9 0 0 , F&A
R o c h e s te r R a ilw a y , o o n . 5 s -.1 9 3 0
S o h n y l.R .E .S ld e .ls t 5 g .1 9 3 5 , J A D
U n io n T e rm in a l 1 s t 5 s . . .. .. F A A
4 t M f e a Br?.'.t l S ? ^ i 9 0 / , J h '
B a ltim o re B elt, 1 s t, 5 s .l 9 9 0 , M AS
B alt, C. P a s s. 1 s t 5 a .. .1 9 1 1 , M A S
B alt. T r a c tio n , 1 s t 5 8 ..1 9 2 9 , M &4
E r t e n , A im p t. 6s . . . . 1901, MAS
No. B a lt. D lv ., 5 s ____ 19 4 2 , J * 0
B a ltim o re A O hio 4 g ., 1 9 3 5 , A&O
P it ts . & C o n n ., 5 g. ..1 9 2 5 , F A 4
B ta te n Is la n d . 2d . 5 v .1 9 2 8 , J & J
R e c e iv e rs ’ o e r tif lo ite s ...................
B a l.A O h to 8 .W .,ls t,4 % g .l9 9 0 , Jcs
O a p e F .A Y a d .,8 e r.4 .,6 g ,1 9 1 6 , J & r
O ant, O hio, 4% g . ............ 1930, MAS
C ent. P a s s., 1 s t 5 s _ .. .. l f l J 2 , MAN
O ity A 8ill)., 1 st 5 s ..........1922, J A D
O h a rl.O o l.A A n g .e g t.5 s .1 9 1 0 . J&
Uni, & G r e e n t., 1 s t M s - 1 9 1 7 , J A I
G e o rg ia A A la .,la tp f . 5 s .l9 4 5 ,A A O
Q » .O a r. A N or. 1 st 5 g , .1 9 J u . J.v
G e o rg ia P ao .. 1 s t 5-«s. .1 9 2 2 . J A f
G eor. 80. A F la ., 1 s t 5 s . .1 9 4 5 , J & J
N o rth . O a n t, 6 s . . . . . ___ 1900, J A J
6s ......................
1904, J& J
S e rie s A , 5 s . . . . . . . . .. .1 9 2 0 , J & J
4 % b ............
19 2 5 , 4 * 0
P ie < lm .A C u m .,l0t , 5 g . 1 9 1 1 , F&A
P it ts . A C o n n ells. 1 s t 7 s . 1 8 9 8 , J & J
S o u th e rn . 1 st 5 s ____ . .. 1 9 9 4 , JA.1
V irg in ia M id., 1 s t 6 a . . .1 9 0 6 , MAS
2 d S e rie s , 0 s ....................1 9 1 1 M&9
3 d S e rie s. 6s ................ 1 9 1 5 , MAS
4 th S e rie s, 3 -4 -5 s........ 1 9 2 1 , MA-*
5 th S e rie s. 5 s ................ 1 9 2 0 , M AS
W est Va C.& <’ . 1 s t, 6 g .1 9 1 1 , J A •
W ort’l. N.C. O onsol. 0 g .1 9 .4, J A 1
WUm. O ol. A A u g ., 6 s . .1 9 4 0 , J A D

94*
98
101
1 ,8 %

104

120%

........

80%
46%

80%

4 .’
31% 3 5 %
33 i 3 3%

120

.......

128

I ..........

I V0% .......
103% 1 0 3 *

102 1 .....

1 .0 * 111%

102% ........
109 *1 . . . . .
97

103

.....

116% 117
t ’ 3%

108%
M

'l

lo l%
1 0 :%

102%

iu * ‘
105%
109 %
99 4

iY i%
107
112
100

78%

80

___ 112
ild " !

1 12% 113%
111

I .........

107 I ........
H H % 1 04
102

104

80% 89%
113 -

102

102%

105

106

M ISO ShLA SK O U S.

B a ltim o re W a te r 5 s . ..1 9 1 6 , M AN
F u n d in g 5 s _________ 19 1 6 , MAN
E r o h a n g e 3 % s ..............1 9 3 0 , J & J
V irg in ia (S ta te ) 3 s , n e w . 1 9 3 2 , J A J
F u n d e d d e b t, 2 -3 s .........1 9 9 1 , J & J
O h e s a p e a a e G a » 6 e . . „ .1 9 0 0 , J& D
O ons 1*. G a e, Os— — , .„ 1 9 1 0 , J & D
I

5*

_______

<ooa

--

1 1 4 * 115%
1 0 8 % .......

THE CHRONICLE.

JANUARY 9, 1897.J

75

NEW YORK STOCK EXCHANGE PRICES (Continued)— A C T I V E B O N D S J A N U A R Y 8 A N D

FOR YEAR

1897.

Closing
In t'e t Price R ange (s a le s ) i n 1897.
R a il b o a d a n d
I n f »t Price 0 R ange (sales) in 1897.
R a il r o a d a x d
P
eriod
M
is c e l l a n e o u s B o n d s .
Period Jan. 3. Lowest.
M is c e l l a n e o u s B o n d s .
J
a n . 8. Lowest. I Highest.
Highest.
M
A
N
85 b.
Mo. Pac.—1st, con., 6g .......1920
Amer. Cotton Oil, deb., 8g-1900
74 % 7 4 * Jan. l b Jan.
3d, 7 s.................................. 1906 M A N 100 b.
Ann Arbor.—1st, 4s, g ----- 1995 * 3
F
A
A
101
b. 100% Jan. 100% Jan.
A
A
O
79 "8
7 9 * Jan. 8 0 * Jan.
Pac. of Mo.—1st, ex., 4g. 1938
At»T. AS.F.—New gen. 4 s .l9 9 o
44%
43*6 Jan.
4 4 * Jan.
2d ext. 5 s.......................1938 J A J 102%a,
Adjustment 4 s ...................1995 Nov.
F
A
A
F
A
A
102%b,
CoL Midland—C o n s.,4 g .1940
St. L .A Ir.M t.lst ext., 5S.1897
b 39^* Jan!* 40 Jan.
2d, 7 g ..............................1897 M A N 101%b, 101% Jan. 101% Jan.
A tl. & Pac.—Goar. 4 s ....... 1937
97 b.
1161* Jan. 117 Jan.
B'w ay& 7tkA v.-lst.con.g.58’43 J & D 117
Cairo Ark. A Texas, 7 g .l8 9 7 J A D
Gen. R’y A land g r.,5 g .1931 A A O 74 a.
Brooklyn Elev. 1st, 6 g ....l 9 2 4 A A O 74 b 743s Jan. 7 4 * Jan.
J
A
D
M
A
N
71
*117
b. 117 Jan. 117 Jan.
71 Jan.
71 Jan.
Mobile A Ohio—New 6g ...1 9 2 7
Union Elevated.—6 g . . . . 1937
99i* Jan. 1 0 0 * Jan.
General m ortgage, 4s 1938 M A 8 67
66 % Jan.
B ’klyn Whrf A W. H—lst,5 s,g .’45 F A A 99
67% Jan.
J
A
J
J
A
108
b)
127%b.
108 Jan. 1087g Jan- Nash. Ch. A St.L.—1st, 7 s .. 1913
127% Jan. 127% Jan.
Canada Southern.—1st, 5s, 1908
105 Jan. 1 0 5 * Jan.
Consol., 5 g .........................1928 A A O 100 b. 100 Jan. 100 Jan.
2d, 5 s.................................. 1913 M A S
..
N. Y. Central—D ebtext.4s.1905 M A N 101 %b. 101% Jan. 102 Jan.
Central of N. J.—Cons.,7s,1899 Q—J
117% Jan. 118 Jan.
1st, coupon, 7 s................. 1903 J A J 118
Consol.. 7 s .............
1902 M A N *112 ).
J
A
115b
>• 115i* Jan. 1 1 5 * Jan.
Deben., 5s, ooup., 1884..1904 M A 8 106%b. 106% Jan. 106% Jan.
General mortgage, 5 g .. . 1987
N. Y. A Harlem, 7s, reg.,1900 M A N 11 1 % 111% Jan. 111% Jan.
Leh. A W. B.,oon.,7s,as’d. 1900 q —m 103 )• ...
R.W. A Og(L, oonsols, 58.1922 A A O 118 b. 117% Jan. 117% Jan.
“
m ortgage5s.l912 M A N
> 1141* j an. 11 4 * Jan.
West Shore, guar., 4 s___2361 J A J 105% 105 Jan. 106 Jan .
Am. Dock & Imp., 5 s ___1921 J A
). 100 Jan. 1 OO70 Jan. N. Y. Chic. A St. L.—4 g .,.1 9 3 7 A A O 104% 103% Jan. 104% Jan.
Central P acific.-G old, 6 s .1898 J &
N. Y. Laok. A W.—1 st, 6 s .. 1921 J A J 130 %b.
Ches. & Ohio.—Ser. A, 6 g ..l9 0 8 A A O 120 )• 119 Jan. 120 Jan.
Construction, 5 s ............. 1923 F A A 114 b.
Mortgage, 6 g . . . ........... ..1911 A A O 118 >• 1 1 8 * Jan. 1 1 9 * Jan.
1st consol., 5 g ..................1 9 3 9 M A N 108% 107% Jan. 1 0 8 * Jan. N.Y.L.E.AW.—Ist,con .,7g.l920 M A 8 139% 139% Jan. 140 Jan
7 3 * Jan.
Long Dock, oonsol., 6 g.1935 A A O 133 %b. 133% Jan. 134 Jan.
7 3 * Jan.
General 4%s, g .............. ..1 9 9 2 M A 8 73%
97%b)• 97 Jan. 98 Jan. N. Y. N. H. A H .—Con. deb. otf s. A A O
B, A A. D lv., 1 st oon., 4 g . 1989 J A
J
A
' 85 a.k .....................
N. Y. Ont. & W.—Ref. 4s, g.1992 M A 8 89%
88 % Jan.
•*
2d con.. 4 g .. 1989
89% Jan.
Consol., 1st, 5s, g ............. 1939 J A D 108% 108% Jan. 108% Jan.
Ellz. Lex. ABig. San. ,5g. 1902 M A S ' 991 >.
115
. 115 Jan. 11530 Jan. N.Y.Sus.A W .lstref.,5s, g.1937 J A J 102
Ohio. Burl. & Q. Con. 78.1903 J A
100 Jan. 102 Jan.
97
Midland of N. J., 6s, g .,.1 9 1 0 A A O 117 b. 117 Jan. 117 Jan.
• 97 Jan. » 7 * Jan.
Debenture, 5 s . . . . ............. 1913 M A N
100 % IOOI4 Jan. 1 0 0 * Jan.
Norf.A W.—100-year, 5 s,g .l9 9 0 J A J
163 Jan. t6 3 Jan.
Convertible 5 s.................. 19C3 M A
• 94 Jan.
No. Pacific—1st, ooup. 6 g .l9 2 1 J A J 113%b. 113 Jan. 113% Jan.
94 Jan.
D enver D ivision 4 s .........1922 F A A
Do. J. P. M. A Co. certfs.......
. 8 7 * Jan.
8 7 * Jan.
Nebraska Extension, 48.1927 M A N
A O
.
118
General, 2d, coup., 6 g .,1 9 3 3
Han. A St. Joe.—Cons.6s.1911 M A
.
General, 3d, ooup., 6 g .,1 9 3 7 J A D t 78
Ohio. & E. 111.—1st,s. f. 68.1907 J A D 113
t7 8 Jian. t7 8 Jan.
• 1241 * j an. 1 2 4 * Jan.
ConsoL m ortgage, 5 g .,.1 9 8 9 J A D t 55
Consol. 6 g . . . ..................... 1934 A A O 123
154% Jan. t55% Jan.
98
• 100 Jan. ICO* Jan.
Col. trust gold notes, 6 s .1898 M A N
General consol., 1 st 5 s .. 1937 M A N
Ohio. & N. Pao., 1st, 5 g.,1940 A A O t 41% i 40 J an. 142 Jan.
• IIOIq Jan. 1 1 0 * Jan.
Chicago A Erie.—1st, 5 g ..l9 8 2 M A N
Seat. L. S. A E .,lst.,gu .6.1931 F A A 35 b.
• 93 Jan.
93 Jan.
Ohio. Gas L. A C.—1st, 5 g .. 1937 J A
A
129 l • 128 Jan. 128 Jan.
85%
No.Pac.Ry.—P ’rlien ry.A l.g.4s Q - J
Ohio. M il.& 8t. P.—Con.7s.1905
85% Jan.
86 Jan.
A
115% 115!8 Jan. 1 1 5 * Jan.
52
General lien 3s wnen issued. Q - F
1st, Southwest Dlv., 6 s ..1909
52% Jan.
51% Jan.
A
115% 115i* Jan. 1 1 5 * Jan.
1st, So. Minn. D lv., 6 s . .1910
No. Pao. A Mont.—6 g ........ 1938 M A S t 42%b. t 41% Jan. ) 42% Jan.
112 % 112 Jan. 1123 a Jan.
A
lst,Ch.& P ac.W .D iv.5s..l921
No. Paoiflo Ter. Co—6 g __ 1938 J A J 105
104% Jan. 105 Jan.
A
1 0 6 Li 106i* Jan. 1 0 6 * Jan.
Ohio A Miss.—Con.s.f., 7 s .1898 J A J 102 b.
Chic. A Mo. Riv.Di v ..5 s .. 1926
A
110 L • 1 1 0 * Jan. 1 1 0 * Jan.
88 b. 90 Jan.
Ohio Southern—1st, 6 g ...l9 2 1 J A D
W ise.A Minn., Dlv ,5 g ...l9 2 1
90 -Jan.
A
1 0 5 1 • llO i* ja n . I l l Jan.
15
General m ortgage, 4 g.,1 9 2 1 M A N
Terminal, 5 g ......................1914
114 Jan. 115 Jan.
A
81%b.
• 96 Jan. 96 Jan.
Gen. M., 4g., seriesA ___1989
Oregonlmpr. Co.—1st 6 g ..1910 J A D
.
A D
ConsoL, 5 g ........................1939 A A O 18%a.
Mil. * Nor.—1st,oon.,6s.1913
Ohio. A N. W.—Consol., 7 s. 1915 Q—F 140% 140 ja n . 1 4 0 * Jan. Ore.R.ANav. Co.—1st, 6 g .l9 0 9 J A J 110%b. 110 Jan. 110% Jan.
J
A
D
116
t
81
Coupon, gold, 7 s ...............1902
• 116 Jan. 11630 Jan. Ore.RR.ANav.consoL, 4 g .l9 4 6 J A D
81 Jan.
80 Jan.
Penn. Co.--4% g,ooup....... 1921 J A J 108 b.
Sinking fund, 6 s ...............1929 A A O 114 l • 114 Jan. 114 Jau.
A
A
O
108
l
J
A
J
99%b.
Peo. Deo. A E vansv.—6 g. 1920
Blnklngfund, 5 s...............1929
Evans. Division, 6 g ___.1920 M A S 100%b.
81nking fund, deben.. 58.1933 M A S 110%t . 1 1 0 * Jan. I l l Jau.
2d m ortage, 5 g . . . ........... 1926 M A N 125 a.
25-year debenture, 5 s ... 1909 M A S 107 t • 106 Jan. 1 0 6 * Jan.
Phlla. A Read.—Gen., 4 g .,1 9 5 8 J A J 1 80% t8 0 Jan. t80% Jan.
Extension, 4 s ................1 9 2 6 F A A 1 0 0 1 . 101 Jan. 101 Jan.
A
128
1
1st pf. ino., 5 g, all inst. pd.’58
Ohio. B.I. A Pao.—6s,ooup .1917
t 47
f 46% Jan. 147% Jan.
A
101 % 1 0 1 %.Jan. 1 0 2 * Jan.
t 33% t3 5 Jan. t35% Jan.
2d pf .tno., 5 g., all inst. pd.’58
E xtensionandooL , 5 s ...1 9 3 4
94
3d pf.ino., 5 g., all inst. pd.’58
30-year debenture, 5 s ...1 9 2 1 M A
t 33% i 32% Jan. 133% Jan.
93 Jan. 94 Jan.
A D 128 t • 126 Jau. 126 Jan.
Pittsburg A Western—4 g.1917 J A J 70 b.
Chic. St. P. M. A 0 .- 6 8 ...1 9 3 0
Rio Gr. Western—1st 4 g ..1939 J A J 73%
Ohio. AW.Ind.—Gen.,g.,6s .1932 Q -M 116% 116% Jan. 117 Jan.
74 Jan.
73% Jan.
St. Jo. A Gr. Island—6 g . .1925 M A N 1 4 8 b. t‘47% Jan. 149% Jan.
Clev. Lor. A WheeL—5 s ...1 9 3 3 A A O 102 a 102 Jan. 102 Jan.
A
D
130
b
a C. C. A I.—Consol. 7g . . . 1914
St. L. A San Fr.—6g, Cl. B . 1906 M A N 112 b. 112 Jan. 112 Jan.
A J 1214
General consol., 6 g .____ 1934
General mortgage, 6 g ..l9 3 1 J A J 107 %b. 108% Jan. 108% Jan.
Cons. guar. 4s, g...............1990 A A O
0.C .0 &8LL.—Peo. AK.,4s .1940 A A O 73
73% Jan. 75 Jan.
St. L. A S. F. RK. 4 g.........1996 J A J 63 b 63 Jan.
Incom e, 4 s ......................... 1990 April.
63 Jan.
M
A
S
Col. A 9th Ave. gu. 5s, g ..l9 9 3
St. L. A So. W.—1st, 4s, g.1989 M A N
6 3 b.
117 Jan. 117 Jan.
OoLH.Val.&Toi.—Con.,Sg. 1931 M A h 88%
2d, 4s, g., incom e___ ...1 9 8 9 J A J 25%
88 Jau.
88 * Jan.
25% Jan.
25% Jan.
A D 85 t 87 Jan.
General, 6 g . . . .................. 1904
87 Jan.
it.P.M.AM.—D ak.E x.,6 g. 1910 M A N 118% 116% Jan. 118% Jan.
D env. A KioGr.—le t , 7s,g. 1900 M A N 110%t I l l Jan. I l l Jan.
1st consoL, 6 g _________1933 J A J 123 b 123 Jan. 123 Jan .
1st consol., 4 g.................. 1936 J A J 88%
“
reduced to 4% g .. J A J 102%b. 102% Jan. 10 2 % Jan.
88 * Jau.
88 * Jan.
100 a 100 Jan. 100 Jau.
DuL So. 8h. A AtL—5 g ....l 9 3 7 J A
Montana exten sion , 4 g.1937 J A D
88 %a.
J A J 55
105 a 1047e Jan. 1 0 5 * Jan.
Edison El. 111.—lst,co n .g .5 s.’95 J A
56 Jan.
55 Jan.
93%
M AN
Erie—4, g, prior bonds__ 1996 J A
94 a
9 3 * Jan. 9 4 * Jan.
63%
J A J 91 b. 93 Jan.
General, 3-4, g .................1996 J A
6 2 * Jan.
6 3 * Jan.
93 Jan.
A A O 107 b.
F t. W. A Den. City.—4-6 g.1921 J A D 53
53 Jan. 5 3 * Jan.
G sJ.H.A8an.An-M .AP.D.lst.5g M A N 88 b 89i* Jan.
1st oonsol., go) d, 5 g.......1937 A A O 85%
8 9 * Jan.
85% Jan.
85% Jan.
Gen. Eleotrio.deb. 5 s .g ...l9 2 2 J A D 90 %b 90i* j au
9 1 * Jan. | io. Paoiflo, N. M.—6 g .......1911 J A J 102% 102 J an. 102% Jan.
Hons. A T. Cent. gen. 4s, g.1921 A A O 64 b
Southern—1st oons. g, 5 s. 1994 J A J 89%
89 Jan.
90 Jan.
1
Illinois Central.—4s, g....... 1953 M A N 102 b
E. Tenn. reorg. lien 4 -5 s.l9 3 8 M A S 89%
Western Lines, 1st, 4s, g.1951 F A A 101%b
E.T . V. AG.—1 st,7 g .„ .1 9 0 0 J A J 107 b. 107% Jan. 107% Jan,
IntA G reatN or.—1st,6s,g 1919 M A N 117% 1 1 7 * Jan. 117% Jan.
Con. 5 g .........................1956 M A N 107% 107 Jan. 107% Jan.
2 d ,4 -5 s............................... 1909 M A S
74 b 73 Jan.
Georgia Pao. Ist5 -6 s, g.,1922 J A J 108 b. 107% Jan. 110 Jan.
73% Jan.
Iow a OentraL—l s t ,5 g ___1938 J A D 96%
Knoxv.
A Ohio 1 st6 a,g.. 1925 J A J 114 a. 112 Jan. 112 Jan.
96 Jan.
96% Jan.
K ings Co. E lev.—1 st,5 g .. 1925 J A J 40 b
Rich. ADanv. oon. 6s,g.,1915 J A J 118% 117% Jan. 118% Jan.
Laoiede Gas.—1st, 5 s ,g ... 1919 Q—F
W esLNo.Carlet con. 6s,g 1914 J A J 110 b.
93 %b. 93i* Jan.
94 Jan.
Lake Erie A West.—5 g ___1937 J A J 114 b. 114 Jan. 1 1 4 * Jan. p 'enn. 0 . 1. A By—Ten. D .ls t, 6g A A O 81 b.
L . Shore.—Con,op., lB t, 7 8 .1 9 0 0 J A J 110%b.
Birmingham D lv., 6 g . . -1917 J A J 85
85 Jan.
85 J an.
Consol. ooup., 2d, 7 s........1903 J A D 118%b.
’exas A Paoiflo—1st, 0 g . .2000 J A D
86
86 % Jan.
85% Jan.
2d, incom e, 5 g ...............2000 Maroh
Lex. Av. A P a v .F . gu. 5 s,g .l9 9 3 M A S 116% 1 1 6 * Jan. 117 Jau.
21%
21% Jan.
19% Jan.
J A J 104 b. 105 Jan. 105 Jan.
Long Island.—1st con., 5g .l9 3 1 Q - J 115 b. 115 Jan. 117* Jan.
JA D
General m ortgage, 4 g . . . 1938 J A D 78 %b, 7 6 * Jan. 7 6 * Jan.
69% 169%’Jan. 169% Jan.
J A J 103 %b. 103% Jan. 103% Jan.
Louis. A N ash .—Cone. 7 s ..1898 A A O 104%b. 105 Jan. 105 Jan. 1
N.O A Mobile, 1st, 6 g . . . 1930 J A J 116% 116 Jan. L16* Jan.
E xt. sinking fund, 8 .....1 8 9 9 M A S
85 b.
Collateral trust, 4%...... 1918 M A N t 49 b.
“
*•
2d, 6g._ 1930 J A J 99%b. 9 8 * Jan.
9 8 * Jan.
Gold 6s, 00L trust notes. 1894 F A A 100
General, 6 g ........................1930 J A D 116%a. 116 Jan. 116* Jan.
100 Jan. 100 Jan.
Unified, 4 g ......................... 1940 J A J 77 b. 7 8 * Jan. 7 8 * Jan.
Kan. P ao.-D en .D lv., 6 g . 1899 M A N 113 b. 113% Jan. 113% Jan.
IstoonsoL , 6 g
___1919 M A N
Louis,N. A A Oh.—1st, 6 s .1910 J A J 110%b. I l l Jan. L ll Jan.
69% 167 Jan. t 69% Jan.
Oregon Short L ine—6 g.1922 F A A tll2 % t l ll % Jan. 113% Jan.
Consol., 6 g ......................... 1916 A A O 80 b.
Or.8.L.AUt’h N .-C on .,5gl919 A A O t 64% 163% Jan. (6 5 Jan.
Manhattan oonsol. 4 s ....... 1990 A A O 94%
94% Jan. 95 Jan.
U.P.Den. A G ulf,con.,5 g.1939 J A D
Metro. E levated.- 1st, 6 g .l9 0 8 J A J 116 b. 116% Jan. L17 Jau.
36% Jan.
35 Jan.
J A J
2d,6 s ................................... 1899 M A N 105 b. 105 Jan. L05 Jan. I
M A N lll% b . 111% Jan. 111% Jan. :
Mich. Cent.—1 st,cons., 7S.1902 M A N 113 b.
................... 1
M A N 100 b. 100% Jan. 100% Jan. s
Oonsol., 5 s......................... 1902 M A N 105 b. 131% Jan. L S l^ Jan . 1
M A N 106% 106 Jan. 106% Jan. I
MIL Lake Sh. * W .—Ist,6 g .l9 2 1 M A N 131%
F A A 72
2d
mortgage,
5
g
_______1939
Extern A Imp., 5 g...........1929 F A A 113 b. 1 1 2 * Jau. L12* Jan.
72% Jan.
70% Jan.
J A J 104% 104% Jan. 104% Jan.
Minn. A S tL .—1st oon.5s,g.1934 M A N 100% 100 Jan. LOO* Jan. \ ______________ ____ _
Gen. 2-3-48, gold .............1943 A A O 72 b. 46% Jan. 46% Jan.
Mo. K. A E.—1st 5s, g., g u ..l9 4 2 A A O 90 %b.
M. K.■A Texas.—1st,
4 s ,g .l9 9 0 A D
83
_____________________J
82 J an.
83 Jan. } 7est.U n.T eL -C ol.tr. 5 s ..1938 J A J 106 b,
2d, as, g ................... ..........1990iF A A
137 Jan. It38 Jan.
6 1 * Jan. 1 ^Viso. Cent. Co. 1st 5 g __ 19371J A J t 38
5 9 * Jan.
61%
N ote , “b” Indicates price bid; "a" prioe asked; the range is made up from aotual sales only. * Latest price this week,
t Trust receipts.

!NEVT YORK STOCK EXCHANGE PRICES—(Continued),—JiVjdCriFi? B O N D S - J A N U A R Y 8
SECURITIES.

Railroad Bonds.
(Block E xchange Prices.)
Alabama Mid.—1 st.g.. gu ar.. 1928
A tob. T o p e k a A San Fran.—
OMoago A St. L ou.—1st, 60.1915
Obi. M id. 1 s t, g . , 6 s ............... 1936

AtL A Pao.—2d W. D„ gu. 6 s .1907
_W astern Division Incom e..1910
B ait A Ohio- 1st, 6«, Park B .1919

Bid.

Ask.

SECURITIES.

1925
JBalt. & Ohio—5s, void..
1988
Cons, mort., gold, 5 s ..
W Va. <fe P itts.—* it, g., 5s.. 1990
B. & O. 8. W., 1st, g., 4 * s . .. 1990
Monou. River, 1st, g., g. 5 s.. 1919
Cent’l Ohio Reor.—1st, 4 * s . 1930
, Ak.«feCk.Junc.—lst,g ,5 s,g n . 1930
Brooklyn Elevated—2d, 5 s ... 1915
Seaside A B.B.—lat,g,5s,gu . 1942
I
I l l * * 111* IBr’klyn Rap. Tran.—Gold, 5s. 1945

Bid.
911*

Ask.

SECURITIES.

92

Brunswick <k W’n—1st, g., 4 s .1938
Buff. Rook. & P itts.—Gen. 5 s..1937
Roek. A P., 1st, 6 s................1921
Rook. A P itts.—Oons. 1st,6s. 1922
Buff. A Susquek.—1st, 5s, g ..l9 1 3
Burl. Ced.Rap. A No.- 1st, 5s. 1906
Consol. A oollat. trust, 5 s .. 1934
Minn. A St. L.—1st. 7s, g u ..l9 2 7
Ced. Rap. I. F. A N., 1st, 6s. 1920
1st, 5 s ....................................1921

*97i*

46
77

Bid.

Ask.

*97 1 00
120% . . . . . .
117 117%
105
A
*102*
*102

103

THE CHRONICLE.

76
* tu ttii
u o u a m m .

ftfu

>

. v " iA .Y G K

m&» 1A l i .

IM llO I-* '

-tV A O T lV f!

B O N D U - fV O M .in u td } — J A N U A R Y
B id.

f tS G fW X ! RHL
♦ n u t e '.m s

[V ol . L X IV .

AsU.

S E C U R IT IE S ,

S.
B id.

A sk.

.

N o rth e rn P a c ific —
’• !
0 4 )l5 * ~ O * t
30
Ht*lHtj»ARftilM‘o —l« t.g .. 6 8 .1 9 3 7
O m I. & J t *
D u ).A M ae.—1 s t,« .6 s .tr.re o . 1 9 3 6
*t.
I
.
.
.
.
.
if
g
.*
§M.
X94&
I
l
k
%
0 * £ i R t . <ftl
■
»T
D
ak.
D
lv
—1st
O
',
t
r
re
d
..
1
9
3
?
m \ if l i n t to P, Mi
. . . . . . .19*5* i»0
O »t»r d ’A isnp—1 s t , f s , g o l d . 1916
............ 1990 111 115
: M ort.»
.
* *
C.
d
’A
le
n
e
—
9
e
n
.
l
s
t
.
g
.
,
«
s
.
.
l
9
3
r
8
2
. . .. . . 1 9 3 9
11 uiit, m u . €
O u t
N o rfo lk A SOUth’o — 1 st. 5 s . g . l 9 4 l iod'*4
IT,—1*1 5s ...1 9 3 9
76
P t. I I w o n
. ___ 1 * 6 9 100% t o l
©614 V
N o rfo lk A West-.—G e n e r a l, 8 s. 1931
~ U t > 5 s . . ..1 9 1 8
1000 10*
J-:
N ew R iv e r l e t Os.................... 1932 110*4
................
1913
,
„
10>19
.
.
.
.
.
.
i«
r
000.
n
t
.,
i? fi €
-1 5 t 40*4
Im p . A E x t., Os..........................1934
liNM)
' »»**, j;: 1^ W ^r«|j to R. O .— M ! s'.. 5 s . .1928
I jmM. $>
A
d lu s a a e n t M ., 7 a .................. 1924
-U
t.tS
9
.1
9
1
0
*i>5>8
t
o
o
t
l
9*1.
H
Saa
A
til.
f*
f a t * c 4th « «
68
67
M d. A W ash. D iv .—U t .g .S e .l S i !
90 !
.. .................1905
ft*~, & O.
82
83*4
........
He
in to V al. A N. E.—1 s t, 4 s, .1989
U
tt.
t
;v'.
A
X
n
r
.
l
st,
<tl.
As,
8
.1
0
2
9
■ iiM
W **i
iUK- • T ons. .'.iB.t 5 s ,— 1937 122 . . . . . . ;o lilo .4 M iss.—
im ?
.....
H # H a il* * !
102*4
102
106
.........
C
onsol.
7
s.
..............................1
8
9
8
c,.,
i
&
Dei&y,
C
'Siia.5s.,1918
ii
KM
m
b$
115
2 d c o n so l. 7 s ............................. 1911 H I
. v x m ..ft.-.; . . . . ;i UtMiiK. to• T * » » t V i . t u t C%si. W
95
: S p rin g .D iv .—I a t 7 a ............... .1 9 0 5
IOUn IBS i! w.M m *,t X, 7s ...................... 1903 125
.H. tm t,. C#,, \
t& M . A O, -T »
107
; G e n e ra l S s......................
1932
; a— a 1 st k*-. 5» tin t. jtW i.. . . . . . . . . 1937
. b t- m m o '
U®»tf
O hio R iv e r R R - l s t , 5 s ..........1 9 3 6 100
1
ig . Os ( la t. fiOi)..............1912 i o o ‘
W mm- b m , V , l i t t m 0# ..
90
G e n , g „ 5 s ...................................1 9 3 7 •80
io d '
Dst.onv. its, p rin . A i n g td .1 8 8 7
jijy u
C to * ,4 X * & °..w
46
65
'8
5
O
m a h a A 8 t , L o u is,—1 st, 4 s .. 1937
.
.
.
.
.
.
.
.
.
199'Stst.
4ft,
p
rm
.
A
lu
t.ltM
.1
9
9
7
iiu |
O re g o n & C a llfo r.—l e t , 5 s, g . 1927
. . . . . Illin o is O S l r a l —la t.K - . * S ...l9 5 1 T<>»
Ok. V- 4 » i t o o , 1 * 1^8. #* i $ s $ | . . . . .
P e n n -P .C .C ,A 8 tIi.C n .g .4 » s sA 1 9 4 0 108 ft) 109
100$ s m
.......
u t . BuSd. »•-«*........................... i o n *90
109
Do
do
S e rie s B ..........
Q n l i i i s ..................................1 9 5 2 102
HHK1' liS « * ? lt3 V
tttd a * Js H a . I l i ^ f 4—lit*
P , C. AS, 1,-1 s t,0,,7 e ..................1 9 0 0
2 -1 0
4 - .........
1901
i d , 7 * * . . . ** * t$ 0 0 f .......... ........
P itts . F t. W. A C .—1 s t, 7 s . . .1 9 1 2 136
/Ii
. . . . . . . . . . ; t'a '.ro B rltiits—1».....................1950
9to M Jfofc* - to C s i t ^ M *
136
2 d , 7 a ........ ............................1912 135
S jiH B n t B i t .—Oo ap.» Ha— 1398
H im . i t B n i
I
,
5 § .IM 3 f* W
13 2
: S ■ ■ O iv .-K .-B ., 5 s..........1 9 2 1
1912
3 d , 7 s ................
CM© m kfl* to K o f.—1*5, !>«**** 1020? 1U*
102
1
U
O
h
.6
tL
.A
P
.—1
s
t,
c
o
u
.S
s
.g
...
1932
O.
8
:.
U
S
.
O
.T
o
n
.
l
.,
7
s
.
1897
CM *. B a rilo * . 4 Q«—-N*. a. f . . 1001 *113
103
C lev. A P .—C o n s „ s , fd ., 7 6 .1 9 0 0 111
1 s t, flonsol., 7 s.. . . . . . . 1 8 9 7
*101.0
G on. 4*48,i . , “ A ...............1942
08
Uul-I, 5 s, eotltxjn . . . . . . . . . . 1 9 5 1 118*8
i to ia « g |a a d . €•**»***.» 1010 *07
8 t. L.V . A T . &.—1 s t . 6 s . , 7 s . 1897
M etap , u iv ., I s t g . 4 s ........ 1951
...................la s *
100
2d
, g u a r ., 7 s ............................ 1898 100 *s
B
s
llv
.tt
So.
111.,
gu.,
g,,
4>®s
1.897
102*4
r*air*.M A Io w a
1005
O i l . f a l l s A A llan.—i s t , 7 s . . 1907
G .t a A I . E x t - l s t . 4 *4».G .g. 1941
O ii& A iMiU&M$k
S f.lftS O #© 3 % 'i0 0
:
.........
IDO.
I).
<
fc
8
p
r
.—1
s
t
7a,
1
9
0
6
,
t
r
u
s
t
A
lle
g
.V a l.—G e n ., g u ., 4 s, g. 1 942
lo t
© 31- ’‘1*1. to St, I*, —
P e o ria A P c k . U n io n — 1 s t, 6 s .1921 1 10
vl29%U rv o ts , t:x b o n d s ,...................... . . .
2 t, 7 3*t0ft, F .
74*» 78
127
2
d
m
o
rtg ., 4 tg a ......................... 1921
99
99*4
I ..
I ml. Dt-o, A vr.—1 st, «., 6 f t....1935
1
Ti, I 4*-, B. f t , . . . * .............1 0 0 2
64
120*4; io d . IB s. i t Io w a .—1 st, g, i s . . 1939
P itts . C lave. A To!,—1 st, 6s ... 1922
l i t , 1. A M ,> ? « ................k. . . i 8 » 7 i 125
H I . to
125
P itta . A L. E r .—2(1 g. 5 s , “ A ” .1 9 2 8
....
1 st. e s t,, K. 5 » . ...................
1943
5 «» , t :
...... 11*03; 126
I n t - A G . S ’n.—3 d . 4 a , g .......1921
P it ts . Mo. K . A Y.—1 s t 6a___ 1932
23*4 25
85
K in g s C o .-F .E l.,l8 t,5 ,g .,g -u . A. 1929 • 3 6 ‘4 40
i *4, I . to I h kzl&MBAoUt, 7 * ...1 0 0 i» ' 130
P itta . P a ln s v . & F .—1 s t, 5 s . . . 1916
96*4 97
1*1, t * C. 4 IMV.., 5 s . . . . . . . 1010, 109
. ■•';>• V ;-it> A
.v W est.—2d S ; 5 8 .1 9 4 1 1' 0*3 101*4 P itts .S h e ri. A L .E .—le l,g .,o s . 1940
104*4
IfS, a -A D,« 7 « „ . . . . . . . . . ... 1 0 1 0 125 120
Nortlx’n OUfu— 1 st, tax. g. 5s. 1 9 4 5 102
1943
1 s t co n su l. 5 s . . . ...............
i n , ii. a i x t
. . . . . . . m o ; 107
. . . . L. 8. A M .8 o n .—B .& E .~ » 8 tr 7 s .’98 105 *« 104*4 P itts , A W est.—M. 5a, g .1891-1941
..,i.itt(^C0 4
D W ,t 0 S ..I M 0 ; 115** . . . . i| D o t M. A T . - 1 st, 7a..............1906
P itts .Y 'g s t'n A A .—I » t,5 s ,o o n .l9 2 7
<* ta * r* l Folcf. i>|T. 5 # . 1 0 1 0 }
L a t e S h o re—Di v. b o n d s , 7 b . 1899 107>s 1073, S lo G ra n d e 80.—1 s t, g ., 5 s . . .1 9 4 0
O A U S a p . Pit** 5 t . . . . . . . . 1921 { 106
S t. J o s . A G r I s .—2ii ii<o.......... 1925
-.
K ai. A ll. A U. R.—1 s t gu . S s.1 9 3 8 111
A itt s i l i . , 6*. A iw a ... 1024? 106 \ ..
ii M ahon*g C.ml HR. 1st,, 5 s . 1934 110*3
K a n . C. A O m a h a —1 s t, 5 s . .1 9 2 7
lo>\ - * * k
. . . . } _•»!t
8t. h . A. A T. H .— T e rm . 5 s . .1 9 1 4 102*4 105
1 i.i'hig!! V..N. V. - U t gu.g.-i %.«. 1940 10 0
P a t e S ^ l C R , goutfau* 5% .... 1916: 10
107 j .......... U liig lt V .T erm .—l e t gn . 5 s,g ,1 9 4 1 110*3 111
B e lle v , A C a r.—1 st, 6a.......... 19*23
H il. 4 M at. txttdxt B b«—$ • „ ..2 9 1 0 1 1 0 <s . . . . . . : U hitirti V’y U oal—1 s t 5 s ,g u .g .l9 3 3
Cili.St.L.AParJL—1 s t,gd.g.D s 1917
"95‘
C ld « » 4 J f o r « '3 0 » y « * r 445,5*. 192.1 10 H% . . . . . . L, M vh ,t S .Y .—1st, gu. g. 4H.1945 "92
93
Bt, L o id s So.—1 s t, g d t g. 4 s . 1931
90
4 L. 8- l i t , 6 f ....1 9 0 1 ....... . . . . . .
K iiulrtll'.A N ., 1si.g . la tp f.6 B .1 9 ! I
do
2 d In c o m e ,5 b .1931
ft** M. d t t i a o . —l a t l 7 # .. . . 1907 .......... — ..ii
0 u a r . t g o ld , 5 s . ..................1 9 1 4
O ar. A S h a w t,—1 s t g, 4 s ___1932
la w * n M l* a d ~ ’i.«'f.* 8 # ....,.1 9 0 0 !
1J to h liC a r .A W est.—I s t 6 s . g .1 9 1 6
fit. I.. A 8. F .—2d 6s , g ., ol. A . 1906 112
CMe, A M01wji4ik««—l» t, 7 8 .1 8 9 8 102
U ttlo Kook A 1!.—l e t , 5 b, g . . 1937
2d , 6a, g ., c la s s C .................... 1906 1 ! 2
H o , to 01. F . ~ i d , 7 * .* ......1 9 0 7 ;
iiliOn* I s la n d —
G e n e r a l 5 s ...... ...........
1931
95*4
94
m i . to ^ L - l r w a « . . - . . . . a 9 0 5 ,
1 s t , 7 s ................................... .. . 1 8 9 8 105 106
1 st, tr u s t , g o ld ,5 s ................. 1987
90
o r . c - r- vis s t . r , - u t , 6 » i w » I OS
ii F e rr y , 1st, g ., 4 * * s ................1 9 2 2
88
F t . 8. A V . E . B g . - l 8 t , 6 f t...1 9 1 0 *105
Mmttomto 111—1 st, 5#...*..*. 1910 “106
il G old i s ........................................ 1932
K a n s a s M id la n d —1 s t, 4 s , g .1937
H E . L- 8,A W .—C,> oa.dak.,5e. 19071* 1 0 2 »sii H. Y. A R 'w a y B .—1 s t ,g . 5 s . 1927
S t. P a u l C ity R y .o o u . 5s, g , .. l 9 3 7
95
M ira , D:v„, 3fit, !>«,... . . . . . 1 9 2 4 | 125
2 d m o rtg ., m o ....................... 1927
42*s
G old 5 s, g u a r ............................1937 *85*
35
01vi# o n —l f t , t»f* 192
12
if H .Y .B .& M .B .—1 s t BOB. 5 8 ,8 .1 9 3 5 100*4
S t. P a u l A D u lu th —l a t , 5 s ___ 1981
C k,E . 1 4 P—D .M .A JF.JP.lst 4m. 10 0 1 ,
j i B g o okT nA U ontaitk—l s t , 6 s . l 9 1 1
2 d m o rtg a g e 5 s ......................... 1917 1*0*3*14
60
i t s , a% *................................ . i s o s
70
l e t , 5 s ...................................... 1911
S t, P a u l M int) A M .—1 s t, 7 s . .1909 105
S * ’«6.«jb b ,
1903b
65
; No. S h o re Hr,—1 s t c o n .5 s,g . 1932
2 4 m o rt.,6 f* ................................. 1909 118*4
.S«s>*a'*
I sm M . - i i t t .*•»,.. 1U231L o u is. E v a n s.A S t, U —O on.Ss .1 9 3 9 '3 0
M ln n e a p . U n io n —l a t 6 s ___ 1 9 2 :
O aie,H i. 1'. A. S tin a ,— 1 s t,8 « ...19181 130
IiL onis. & N a sh .—C ecil. B t. 7 s ,.1 9 0 7 107*3 n o
M ont. C en.—l a t , g u a r,, 63. .1 9 3 7 113
114
St. i . u i « ». 0 . —U t. ti l ___ .19191 130 131 l! E. II. A Jfssh .—lfttB s , g -----1919 U 2 * s
1 s t g u a r, g, 5 s ........................ 1937
103*4
o v .f . A W. tBO.—1 s t, ». '. . 6 * .1 9 1 9 '
ii Psnefti.oi:. D iv isio n ,0 » ...........1 920 I 06
E a s t, M in n ., 1 s t d iv . 1st, 5 8 .1 9 0 s 10*5*4
< r» ",
« . .. iw ..........1932 1 1 6 1117 i j S t. Louis D iv isio n , 1 s t, 6 s .. .1 9 2 1
W’ln
a
rA
8
1
o
u
x
F
,—1
s
t
,
g
,6
s
.l9
3
tM tx. to m ex t. i l l ■ . a .
liit
S a n F r a n , A N . F . —1 st, g., f s .191
2 d , 3 s ....................................... 1980
*07 100
0 » B m m* to ft.—
t , 7 i . ,10051
. N a«hv. & D so a ta r—1* t, 7 s . . 1900 107*4
Sav.B’L& W est. - 1 s t , c u n , g .6 s .l9 3 4
M i m US, i% » .*
.I 'x m i n o 2 % !
I',
1,8ft.-- 8 . A N . A la . ............ 1 9 1 0 100
S o u th e rn —A la . C e n t., i s t h 's . m i dm * I-Kto
107 :
k fgtt* §#* g.
i, -50-year 58, g..............................1937
100*4
Atd. A O h a r .—1 s t, p re f., 7 s .. 1897
A'm!. to 0 &h~-Bej. to i d d t,tn m o \
70 . F e n s. A A t , - 1 s t, 83, g o l d . . . m i ' 95
In o o n ie , 6 s ........................... 1 9 0 0
'mn.—Tr.«rtftM&ttMbGk,.1917? *75**| 8 0
■
C o lla t. tr u s t, 5 s, g .................. li)3 1
C oluni, A G re e n .—1 s t, 5 -6 8 .1 9 1 6
Sfelf* h ~-tie
g. 4 # .. m m \
; ; ,VN. A 51.AM.—1st,)?.,4*8310-15
15. T e n n .V . A G a .—D ivls.S s 1930 109*4
. »..,*« *-*#**».1 Wdm
9 0 |i N ash .F lo r,A S .—1st, gu., 5 s . 1937
E io h .A D a n .—E q . 6.1. g. 5 8 .1 9 0 9
*— U
,1900
%%H\ 93 ;! K e n ttto k y C e n tra l—Is, g . . . 1987
D e h en . 5 s, s t a m p e d _____1927 *'*9*6' 100
85
to,tot* 1940
. . . n it.A Je fl,B d g eC o ,—G u.g.4s_ 1945
Yii-’a
M id.—S e ria l so r.A , 6 s. 1906
WftV.ni.fti
w
tM m
..;il,o i!.N .A lti.A t;li.—G e u .m .g .5 a .l9 4 0 *41*
S e rie s B, 6 s ..............................1911
Ilf*.
tokvto'&Jty “ I
1 iM em p h is A O ta ri.—6 s, gold 1924
S e rie s C, 6 s ..............................1916
f * u h to O r
~m
m *\
.. ijM eilisati C ent. C onsol.—i s , g .1911
S e rie s 1), 4 - 5 s ........................ 1921
Gnu
.. ..... .......1920;
. . !j 1st, <um«. in o o n ie 3s, g___..1 9 3 9
S e rie s F , 5 s ..............................1931
p l» .‘
"O o c. ts t,g .3 s . Iw 28| 103
, ijAlex. la tn 'ra u tio u a i—1 st, 4 s .g .l9 4 2
W
aslnO .& W .—Is tc u .r.g ii.4 8 .1 t2 n
so
India
W.—1«v p;
I p'.- i 104**!
itftX loao N a tio n a l—1s t, g„ C o.1927
T
e
r.
A s’n of Bt. L ,—1 s t, 4*98.1936 107
100
O tto'
2 d , 1uoonifc, 6a, “ A " ................ 1 9 1 7
1
s
t,
eon.
e
.
5
s
.................1891-1914
106%
108*4
id .—I e i, 7 as.iLi. 1 § 9 0 j 106%
j! Sd,ItuH im e, 8 h, " B " » . . ____ 1 9 1 7
81. L.Afc.r.Br. T e rm ..g .o s .g u .,1 9 3 o
105
Oaft*
7*.......1914
..ilM le liig a n C e n tra l—S s..............1 9 0 9
T e x a s A N ew O rle a n s —1 s t,7 8 .1 9 0 ”
%MM»4
<*.C A l . 7 s . i •s .ii;
C
o
u
p
o
n
,
5
s..................................
1931
S iio io e D iv is io n , 1 s t, S s ........ 1913
116*4 ........
■Qif®,.
v -v h . - i a i , 6 s . 1093!
102
M o rtg a g e i s .
1 9 4 0 ■ 100
C onsol. 5 s, g ................................1946
___ . . .
93
. . . . . . 1..........; tjiu
B a.it.ti.A
..votrgtft,—4
8 tr '
1989
T e x . A P a o ,, E . D ,—1 s t, g. 6s. 190, *106
......
I^ i. U
......... l.?0*» M !ou..v Ht. L. -1 s t, K. 7».'.
1927
121
123 U 3 0
I'aw a ExtimHii'iD, i-it,7 « . .*1909
190!)
76
78
,191. . . . . . 141**
S o u tU w est B e t.—X«t, 7 s ........1910
1910 * - r m 125
Tol. P eo. A W est.—1 s t, g ., i s . 191'
______ ,
67
.1 9 0
100 ;i* 8*4
Fkcifle E s t , —1 at, O s.
1921 *120
U
ls
te
r
A
D
el—
1
s
t,
e
o
n
.,6
.,5
...
102
1
0
0
102
.1 9 0
1 1 2 V i l a *4 Mo,K„4‘.Tivx.—-!»{}, e x t , 5 s, g_X044
O n io n Psusillc—1 s t, 6 s ..............1 8 9
103% . . . . . .
.191. 133*C , 30*4
Mo. K. to'V.itt Tex.. 1dt,kfu ,5 a .g .l9 4 2
74
1 s t, 6 a .......................................... 1897 1031s . . . . .
75
W *rt.
.lOOt
.
.
*.
j
*
1 s t, 6 s ...................................... ...1899 103*4 105
7
0
83
I M d l2
l;*i
143 147 fj D m , to W aeo—Ig t,5 a .g a * « ,.X 0 4 0
C o lia to ra ! T r u s t, 6 s ................1 9 0 s
-1 st
.1 9 0
!12 7 *sj|2fl£«0tfri FiielOo —T r u s t s s , . . 1917
C o lla te r a l T r u s t, 5 a ................1907
85”
1st. «0M ,..................
75
■ U s Ij l«V<.>o»..bs. g . . . . ....................1020
K a n s a s P a e iilo —1 s t 6 s , g . ..
103
IlfifiMfc? to
108*4
148
.......
II
®*
L.AC
M
.A
r
k
.a
r
.,1
st,7
6
.1
8
9
5
l e t . 6 s, g, . . . . . . . . . . . . . . . . .
100**
liv o r . I m
r ' m f « ~ 4 Kt n t , ♦ 1. g . |9 1 0 j
1 10
111*4
I
.....liM
o
tjtle
A
O
hio—1
st
e
x
t,,
6
s
,.
.1
9
2
7
114
0 . B r. TJ V. —F , e ., 7 a .. . . . . . 1 8 9 5 ‘ 34
......
Mn i r e t 1 i L ISj, ~ l *e y.
Bt. L. A C a iro ... 1;. g u a r ........1031 "30
A toll. C ol. A P u c .—l a t . 6 s . . .1 9 0 5
27
W.-»lcU X K , it *
<>
M -rg '*’** La. A C.—la t.G s ...1 9 2 0 U L
A toll. J . Oo, A W.—1 s t, 6 s . . . 1905 *
27
pMrtftM. to Ms—U K
m r .A .lS H i 19
i 1 s t, 7 8 .... 1918 122
It. JP. L in . A C ol.—l s f e g .,5 8 .1918
_______
XMto to
|<%t 1it-ti, i ,* ..1 9 9 5 |
24%
!ft ttalt, O tjal,
8 t. L —2 d . 6 s . . 1901
U ta h A N o rm ,—l a t , 7 s ..........1908 111
4*9 #obl. -«-»*
in. Q, to. No *• " f r -1.1 K., SSi-1815
..........
G o ld , 5 s .......................
1920
f t'3*5m to I
N
,
Y.
(
’e
iitrn
*
100
—lle h . g. 4 s . ...1 9 0 5
U ta h S o u th e rn —G e n ., 7 b ..1 9 0 .;
- i w , i&»\t 7$
63
• ---(ft
102 *«;102A j ffl, t. d u n e - G u a r . 1st, 4 s ...1 9 8 b 101 *a
E l t o n ., 1 s t, 7 a ...................... 1903
/attests#
:*■ .«.**,<*
63
64
% t$
I Bm
—1st, void, 4 s .. 1936 l*oT
W abafth—
94f
i %*.
m
L"
i 0 $w . St fkm ie '3d, 5ft, * ,,* 0 .1 9 1 5
D e b e n tu r e , 8 « r. A .................1 9 3 9
44b*
J,
____
n.5 » 4 11
D e b e n tu r e , S e rie s B ........ . . . 1 9 3 a *21% *2*3%
2 * 7 7 D' L d — t». K ; * 0 ,1 9 2 8 i b T
%m,
to*
—..1 9 2 * 1 1 § 0
D e l. A C hip, E x t. 1 s t, 5a, e . 1940
_ _
7t
uH * r
Xu s .',," 1'!* «•* * '• ***.1993 100
96%
. — l«2!i!
iiaVc ,tf l ? • V
* W i- lf tt, rev, 4 4 .1 9 0 3
B*
V. to K. - I Bt, T« ....1 9 1 6 1 v s z
0t L.K .O .& N ,—8t.C . B dgeds.lSO H 105*4
%■ l ’ 5 l* « r« * o ro -U W g . 5 a .. 1927 iY s*s 121
W est N .Y .& P a .,g e n .g , 2-3-48 1943
k i t to a w , - iforwr* s.« . . . .1 9 0 * l o o j , , ^
47
......
H,,*"l' & W e s t—2 d , 4**». 1937 •67
lu e o m e 5 4 ................................... 1943
%8u 0 $$ ___ 1903 204% 105
......
12
M a tt,,
tr
1040
*73*4 W e s t 7 a , a A P i t t s . —1 s t, 6 s . 1911
0Stoi to fills
89 i W h « n ,A L .E ,—1 s t. 6 s , g o ld .-.197.6 -««•
f m
i to »M
.
.
.
.
.
*
W h ee lin g D iv ., l« l, 5 s, g .,.1 9 2 8
Ir ta A . to T. O.
**9*2”
m m „ f ##.«t . m 1 1*107
B p ak an o A P al.—l e t , (is.......1 9 3 8
91
B t.P an A N. P .—G an.. 8 S ..1 9 2 3 124
*
. . . . W is, C e n t, ltn o o in fl«.
9
• Nu p ric e P rid ftjr; U.«ft« « t h , l.U M tq u o U U o u . m a l e t h t . w eek. F o r t l U c o U m a e o u . a * , a d s - a e a
3 d p a g e p re o e d in g t

Z?r

..........102

J anuary

9, 1897.]

THE CHRONICLE

J im e s tm m t

R oads.

% n\z\\i% zntz.

RAILROAD

EARNINGS.

T h e f o llo w in g t a b le s h o w s t h e g r o s s e a r n in g s o f e v e r y
STEAM ra ilro a d f r o m •w h ic h r e g u la r w e e k ly or m o n t h ly r e tu r n s
c a n be o b ta in e d . T h e fir st t w o c o lu m n s o f fig u r e s g i v e t h e
g r o s s e a r n in g s f o r t h e la t e s t w e e k o r m o n t h , a n d t h e la s t t w o
c o lu m n s t h e e a r n in g s fo r t h e p e r io d fr o m J a n u a r y 1 t o a n d
in c lu d in g s u c h la t e s t w e e k or m o n t h .
T h e r e t u r n s o f th e s t r e e t r a i l w a y s a r e b r o u g h t t o g e t h e r s e p ­
a r a te ly o n a su b se q u e n t p a g e .

L a test Gross E a rn in g s.
R o a d s.

Week or Mo

O ctober...
A d iro n d a c k
A la. Gt. South.. 4th w k D ec

1896.
$

- -

15,69-4
48,420
62.832

1895.
15,707
51,968
62,574

L a test Gross E a rn in g s.
Week or Mo

AND

Railroad

77

J a n . 1 to L a test Date.
1896.

1895.
$

165,334
165,344
1,528,128 1,651,235
021,365
448,687

Ala. M idland. October. ..
Ala. N. O.Tex. A Pac. June.
33.000
N. O rl.A N . E. 2d wk Dec.
40.000 1,247,992 1,315,310
17.000
A la. & Vicksb 2d w kD ec.
564,906
16.000
520,656
14.000
Vicks. Sh. & P. 2d wk Dec.
14,000
535,618
507.065
A llegheny Val November. 176,996 234,260 2,142.287 2,355,637
24,842
Ann Arbor......... 3d wk Nov
22,005 1,013,426
985,122
October*..
Ark. Midland
10,880
75,900
15,5-52
84.035
Atch. T. & 8. Fe. November. 2)031,904 2,804,643 26,925,391 26.096,110
Atlanta A Char. O otober... 173,590 199,663 1,283,661 1,337,079
54,668
Atlanta A W. P. October. ..
426,601
54.866
332,644
7,314
Atian. A Danv 4th wk Dec
7,895
5<tl,145
555,538
95,890
Atlantic & Pac.. 4th wkOot.
89,17
2,912,478 2,962,007
Augusta so u t’n October. ..
9 ,9 t8
64,375
8,467
^5,595
27.805
Austin A N’ west Septemb’r.
190,975
24,358
182,097
32.900
Bale. Ches. A Atl. November.
35.100
450,369
465,879
B.dcO. K. O. Riv. November. 1,645,608 1,558,593
West.OhioKiv. November. 511,*10 525,236
Tot. system . November. 2,157.418 ,0?3,829
Bal. A O. Sou’w. 4t.h wk Dec 205,837 167,331 6.157,467 6,448.054
Bangor A Arooat November.l
61.408
56,749
658,823
676,400
Bath & Ham* mis November.
6,108
5,475
35,575
32,235
Bir. A Atlantic. November.
2,498
3.239
21,521
20,969
Brunsw’kAWest October. .. | 53,358
49,692
429,977
503,365
Buff.Rooh.A Pitt 4th wk Dec
77.806
85,354 3,339,534 3,053,142
Buffalo ifc Susq.. November.!
49.004
42,347
493,059
393.451
Bur.C. Rap. A N. 4th wk Dec 110,975
91,400 4,450,034 4,501,333
Canadian Paciiic 4th wk Dec 601.001
645,000 0,678,7*26 18.941,036
Car. M idland... November
5,185
4,890
55,360
46,455
Cent, of Georgia November. 502,282 518.637 4,665,004 4,566,675
Central of N. J. November. 1,148,621 1.279,684 11,634,355 12,045,474
Central Pacific. O ctober... 1.320,358 1,335.228 10,438,893 10,874,977
Chari. Cl. A Sufc. O ctober...
4,780
5,050
46,195
39,851
Oharlest’nASav. October. ..
42.323
36.941
466,226
439.859
Ches. <fe Ohio___ 4th wk Dec 366,483 283.230 10,372,298 9,708,324
Ches. O. A So.W. J■u ■
ly 1..........
178,572 196,818 1,282,553 1,295,484
Chic. Bur. it O .d November. ]2,823.309 3,204.987 31,221,403 30,736,170
Chic. A East. 111. 4th wk Dec
87,520
77.183 3,862,132 3,873,788
Chic. Gt. VVest'n 4th w k D ec 118.735 101,842 4,652,032 4,089,572
C hic.M il.it St. P. 4thw kD eol 815,442 790,652 31,352,283 30,008,- 00
Chio. A N ’thw’n. November. 2,4 8,831 3,087.363 29,730,719 28,888,613
Ohio. A No. Pac. Ootober. .. ' 7 2 J 5 3
67.040
685,454
633,755
Chlo.Peo.itS t.L. November.
67,718
79,338
817,294
851,592
Ohlc.R’k I. <tP .. December. 1,237.136 1,277,814 15,421,698 15,353,825
Chlo.8t.P.M.itO. November. 751,464 831,525 7,496,239 6,849,640
Chio. & W. Mich. 4tbjwk Dec
33,100
32,977 1,615,018 1,700,897
Choc. Ok.ct Gulf October. .. 135,190 104,722
Oln.Ua. A Ports. November.
4,760
5,017
56,171
60.584
OlZLjaok.itMac. ith w k D e c
19,695
1 8,731
706,356
636,244
Oln. N.O. A T. P. November. 280,z 18 347,750 3,067,568 3.369,986
Oin. Ports. A V. November.
23,417
27,709
251,177
256,176
Ciev.Can. & S o .. 3d wk Dec.
10,932
12,323
685.969
662.933
01.Cin.Ch.&St.L 4th wk Dec 423,858 336.475 13,008,622 13,976,705
Peo. A Bast’ll. November.' 114,394 163.972 1,553.023 1,8*20.103
OLLor. A Wheel. 4th wk Dec|
27,555
30,675 1,284,822 1,465.537
Col. M idlaud.. . . Novem ber.! 158.643 143,40 J 1,682,194 1,581,318
O oLH. V. A T oj. November.! 253.951 272,187 2,274,994 2,416,275
Ool.Sand’y A 11. November.
61,224
742,93*2
797,762
75.065
Oolusa A L ak e.. November.'
1,300
1,200
17,991
17,277
C ry sta l...............October. ..
540
1,141
9,753
7,463
GarabTd Valley October. ..
75,233
6 9 \2 6 7
710,090
87.204
Denv. A Rio Gr. 4th wk Dee 164,700 187,900 7,221,114 7,276,368
Des M. A Kan.C 3d wk Dec.
2,138
1,355
112,881
95,898
Des. M. N. A W .. November.
32,494
3 6 ,60
405.255
314,492
Det.Lans’gANo. 4th w kD ce
31.006
23,583 1,165,495 1,139,750
Det. A Mackinac October. ..
19.268
24.797
356,850
303,876
DuluthS.S.AAti. 3d w kD ec.
23.473
35,872 1,861,080 1,771,196
E lg ln J o l.itEa»t. December.
82,850 114,546 1,278,103 1,172.078
E r ie.....................November. 2,874,327 2,938,976 28,563,958 28,115,395
Eureka Springs. Septemb’r.
5.5 72
5.021
46,317
49,544
Evans.A lud’pii* 4tb wk Dec
8,195
28^,529
302,309
7,658
Evans. A Rich.. 3d w kD ec.
1,753
2,161
113,533
111,868
Evansv. A T. B . ‘4th wk Dec 28,014
29,934 1,056,615 1,095,961
Fitchburg.......... November.
642.007 672.971 6,743.637 6.783,393
Flint. A P.Marq. 3-1 wk Dec.
55,356
46.046 2,513,561 2,433.48 •
Fla. Cent. A Pen. 3d w kD ec.
44.213
38,300 1,956,014 1,856,009
Ft-W’thA Den.C.4th wkNov
29.386
896.548
984,941
24,008
Ft. W, A Rio Gr. November.
34,925
297,433
361,384
52,716
Gads. A Att. U. November.,
827
9,738
8,383
938
Georgia RR....... Ub wk Dec]
50.370
53,393 1,558,875 1,357,760
Georgia A A la .. 1th wk Dec
21,896
866,082
495,417
12,4 *'3
Ga. Car la A No. Septetub'r.i
94,636
630.477
479,186
57,318
Geo. So, A F la .. jNovember -74,650
76.100
805,616;
751.122
Gr. Rap. A I m l.. itli wk Dec
46,531
56,362 1,895,186 2,074,842
d n .lt. A Ft. W. 4tb wk Dec
10.132
3 9 3 ,0 4 11 44 7.60ft
10,635
TraverseCity 4th wkDec;
752
44.283)
43,986
629
Mus. G. R. A I Itll wk Decl
3.654
121,917!
116.401
3,176
Tot. all line*]4th wkDec. 61,069
70;80*2j 2.45 4.428' 2,682,834
Grand Trunk., ith w kD ec 431.707 403.103 18.534,530 17,818,719
Chio. A Gr. Tr. 3d wu Dec.
05.2991
62,762 3,047,98*2 2,707,246
Defc.Gr.fl.AM. 3d wkDec.
19,527'
16,024
927,406!
9 7 4 ,o34
Cin.Hag.A Mae 3d wk D cc.!
2 ,179;
2,601
Tol.S.AM usk 3d w kD ec.
1,511
873
G reat North’n„ St. P. M. A M December. 1,273,469 1,492,513T 5,7 7 1,861 14,890,328
E ast of Minn. December. 137,6 40 181.9981 1,933,743 1,675,382
M*m ta n o C en t. December. 106.2811 138,723! 1,926,489 1,560,676
Tot. system December. 1,577.390 1,813,23 I 19,632,093 18,126.386
Gulf A Chlcatco. November.
6,490
5,810
42,732
41,948
G’lfB ’mntAK.C. December.
10.03L
7,201i
97,315
74,037
Hoos.Tun.AWll. November.
^ 3 .2 1 8
5.034
41,554
43,037

1896.

1895.

$

$

J a n . 1 to L atest Date.
1896.

1895.

H ous.ATex.Cen October. .. 466,389 508,716 2,599,607| 2,849.564
Illinois Central. November. 1,871,691 2,157,388 19,085,470 18,651,632
Ind.Dec.&West. 3d w kD ec.
10,061
445,294
11,239
463,824
Ind. 111. A Iowa. October. ..
66.636
628.327
73.928
633,007
Iu.A Gt. North’D 4th wk Dec 129,501
87,417 3,522,384 3.2? 8,229
{Interoo. (Mex.) Wk.Dec.19
43,807
40,061 2,245.460 2,202,884
Iow a C entral... 4th wk Dec
37,412
40,815 1,716,741 1,679,702
Iron Railway. - November.
3,283
39,880
4,583
45,038
Jack. T .A K. W. October. ..
24.833
260.107
25,060
331,843
Jam est’n A L .E . October. ..
3,141
KanawhaAMicb ith wk Dec
15.057
461,359
10.731
455,390
K.C.F.Scott AM. 3d w kD ec.
80.100
76,427 4,339,131 4,380,393
K.C.Mem. A Bir. 3d w kD ec.
27.637
33,486 1,156,815 1,089,791
Kan. C. N. W ___ November.
28,749
253,571
24.542
222,715
Kan.C.&Beat. November.
423
384
4.225
4.584
K.
C .Pitts.
G ..Dec
4thAwk
33.882
$09,021
13.543
532,335
Kan.C. Sub. Belt 4th wk Dec
13,072
6.730
340.5 HO
277,769
Keokuk A West. 3a w aD ec.
6,818
381,822
7,794
368.937
L. Erie All A So. November.
5.851
55,634
8.643
74,238
L. Erie A West. 4th wk Dec 104,765 104.594 3,343,164 3,519,104
Lehigh A H ud. - November.
31,168
360,901
37,984
399.161
Lex’gtonAEast. October. ..
21.111
13.747
166,080
175,471
Long Isla n d . . . November. 280.168 278,098 3,692.430 3,791,988
Los Ang. Term November.
85,177
8,453
4.581
137,593
Louis.Ev.ASt.L. 4th w k D ec
36.861
37.561 1,488,800 1,505,434
Lou.Hen.ASt.L. 4th wkDec
13,184
455,592
12.358
444,585
Louis v. AN ash v. ith wk Dec 549.490 466,850 20,247,340 19,809,198
Louis.N.A.ACh. 3d w kSept
58,404
73,785 2,209,409 2,272,642
Macon & Birin. November.
6,563
6,579
56,563
65.847
M anistique___ November.
2,194
110,639
3,126
113,314
Memohis&Chas 3d w kD ec.
38,140 1,272,400 1,221,971
31.258
{Mexican Cent. 4th w kD ec 356,909 281,459 10,203,007 9,494,247
Mexican Inter’l. November. 255.334 231,610 2,667,097 2,378,669
{Mex. Natioual 4th wkDec 180,131 136,870 5,215,253 4,464,324
Mex. Northern. October. ..
52,021
41,967
625,111
570,674
{Mexican R’way Wk.Dec,19
62,992 3,232,746 3,118,995
80,495
Mexican So....... 3d wkDec.
12,285
530,960
10,661
470,810
Middle Ga.AAtl. October. ...
11,155
9.247
Minneap.ASt.L. 4th wk Dec
44.126
35.045 1,992,850 1,9G4,572
M.
St.P.AS.St.M.
4th wk Dee
55.424 3,679,814 3,132,884
70,034
Mo. Kan. A Tex. 4th wk Dec 329,603 250.116 11,746,244 11,060,135
Mo.Pao. AlronM 4th wk Dec 756.000 636.00 22 , 012,000 22,672,004
Central lir ’ch. 4th wk Dec
29,00c
781,00!
26,000
621,473
Total.
tth wk Dec 785.000 662.00 22,793,000 23,298,477
Mobile A Birm.. 3d wkDec.
328,101
10.413
10,148
286,673
Mobile A Ohio December. 368,281 371.858 3,711,892 3.492,324
Mont.AiVlex.Gif Ootober. .. 101,992 104,346
935,180 1,027,373
Nash.Ch.ASt. L. November. 403,768 491.701 4,571,014 4,413,572
Nel. A Ft. Sh’p’d November.
3,521
6,395
Nevada Central. Septemb’r.
26,238
3,298
5,182
20,980
N . Y.C. A H. K .. December. 3,638,168 4,020.847 44,075,028 44,338,889
N. Y. Out. A W.. 4th wk Dec
91,790 3,850,001 3,726,183
83,709
X. Y.Susq. A W. November. 210.654 206,009 2,067.752 2,068,320
Norfolk A West. 4th wk Dec 167,786 13 ',867 10,939,949 9,o 50,871
Northes’n(Ga.) Ootober. ..
52.032
8,295
6,410
42,483
North’ll Central November, 551.897 584,838 5,766.482 5,946,844
North’n Paciiic tth wk Doc 387,410 324,572 18,717,816 19,088,646
Oconee A West. November.
33.077
2,969
3.538
26,655
Ohio R iver....... 4th wk Dec
905,639
20,827
19.238
887,271
Ohio Riv. A Oha. November.
170,730
17,272
18.581
167,281
Ohio Southern.. November
645 627
78,266
33,871
696.109
Ohio Valley
Septemb’r.
256,687
268,737
Oregon Imp. Co. letober.
277,383 299,381 2,720,563 2,709,327
Oreg.KK.ANav December. 401,161 359,337
Paoido Mail....... November
324,051 340,331 3.579.624 3.987,981
Pennsylvania. November. 5,246,424 5.877,624 56,904, '72 58,987,572
Peoria Deo. AEv. 4th wk Dec
885.370
35.024
49,178
926.777
Petersburg......... November.
50»,937
45,829
42.346
498,747
Phila. A Erie.. .. Ootober. .
527.561 482,845 3.681,581 3,586,167
Phi la. A Read/.. October. .. 2 .0 6 0 ,1 0 6 2 274.26) 16.885,701 17.730,961
Coal A Ir. Co.. October .. 2.7o7 852 3,350,686 18,936,684 19.998.319
Tot. both Co’s. October. . 4,827.95b 5,624,947 35 822 385 37,729,280
Ph. Read. A N.E. Novemner.
632,292
54.262
706,365
6
Pltts.C.C.A 8 t.L. November. 1,047,434 1,437,250 13,134,406 14,115,406
Pitts.Lisb.AW ’n November.
39.685
40,954
4.596
3.227
Pitta, Sh. A L. E. 3d wk Dec.
617,920
602.191
9,719
13,697
Pittsb. A Wes’11. 4th wk Deo
43.789 1,653,946 1,708,231
36,384
P itts. CLATol. 4th wk Dec
73 ,041
23.294
16,222
891.074
P itts. Pa. A F . 4th w kD ec
380.012
7,763
4.351
348.891
Total system .. 4th wk Dec
74.84' 2,822.886 3,022.463
50.957
Pitt. Young.A A. November.
98,864 147.858 1,311,*30 1,626.104
(Quincy O.etK.C. November.
269,229
22.359
20.449
237 996
Rich.Fr’ksb AP. November.
642,460
58.025
671,583
48,998
Rich. A Petersb. November.
313,403
312 959
28.755
25.346
Rio Gr. So uth’u. 4th wk Dec
453,312
447,396
12,153
7,836
Rio GPde West . 3d wk Dec.
46,250
40.700 2,334, <92 2,327,0*4
Sag.TuscolaAII. Septemb’r.
85,341
82,149
11,353
11,187
St.L.Ken’etASo. November.
5.861
0,494
St.L.ASun Fran. November. 527,929 557.29' 5,603,938 5,503,930
St.L. Southwest. 4th wk Dec 160,400 152,700 4.867,518 5.036,484
St. Paul A D iU .. November. 155.332 174.190 1,429,350 1,458.888
San Ant. A A. P. November. 233.004 167,995 1,899,017 1,794,009
SanFrau. AN.P. November.
6 9 3 .5 »0
58.524
760 063
64,239
Sav. Fla. A West. October. .. 320.44 L 312.759 2.822,568 2 796,248
8her.Shrev.AS 0. tth wkNov
272,841
317,862
19,719
13,86'Seab’rd Air Line Septemb’r. 334,876 256,736
Sil.Sprs, O. A G. October. ..
101,529
11.617
16,882
151,151
S ilv erto n .......... November.
3,674
7.037
So.HavenAEttst November.
25,864
18,465
1,363
2,599
So. Paciiic Co.—
Gal.Har.A 8 .A October. .. 533,047 551.729 4,135,998 3,895 336
Louis’a. West. October. .. 106,916 122,256
744.700
884.645
Morgau’sLAT. Goto her. .. 630,943 640.215 4,083,112 4.626,393
N.Y. T. A Mex. <O c to b e r...
219,402
26.897
19 7,683
30,925
Tex. A N .O rl.. October. .. 136,911 165 665 1.I t 6,713 1,356,244
Ati. Prop'tes.5 O o to b e r ... 11951119 f205665' r 13402409 '14351353
Paciiic system October. .. 3,228,794 3.291.565 26,435 948 26 982.607
Total of all.e November. 4,503,832 4.756,190 44,342.43 46.090,152
80. Pac. of Cal. October. .. 949,172 1,004,947 8,289,805 8,654,*20
So.Pao.ofAriz. O ctober... 224,893 250.903 1,846,105 1,857,431
So.Pac.ofN.M. ' >i- io Itor. .. 106.127 116,426
935,022
890 415
Northern R y.. October. .. 236.127 205.365 1,8 10.21*0 1,648.807
Southern R y .... tth wk Dec 497,108 532,734 18,573.122 18,818,529
8pok.F*ls A Nor. November.
254,249
396,551
29,124
39,556
Staton LRap.Tr. Adgust__
810.470
810.513
147.437 153.020
41,090
StouyCl. AC.Mt. November,
38,563
1 877
1 381
788,836
9b8.565
Summit Branch. October. ..
94.089 111.150
724 563
Lyk. Val. Coal. October. ..
605 282
91.246
88 476
Tot’l both Co’s O ctober... 182.565 202.396 1,5 13,399 1,573,847
Texas Central.. 2d w kD ec.
298,149
275.291
11,677
7,755
Texas A Paoltlo. tth w kD ec 257,402 253,196 6,798,785 7,015,307
3.490
T ex.S. V.AN. W. November,
3,292
43,567 1,792.59i 1,836 777
ToL AOhio Cent. tth wk Deo
4 7 .H 4
ToL P. A West.. 3d wkDec.
966 203
923,647
23,296
18,486
ToL St.L.AK .C November. 213,196 165,348 1,985.968 1,705.310
313 002
Ulster A Delaw. Septemb’r.
319.153

THE CHRONICLE

78

J a n . X to L a test D oit.
| W m *o* M*

•
•
*
Wmtem f m # # '* i
thk P a a . HR . ’Cietober. ..; 1 ,6 9 1 .0 0 8 1 .6 40.400 11,8*3,361 11,831.0*6
O t . E U ,* U. K .to e ts e b if* .. I 5 7 0 .0 |n a n .H O ) 4 ,5 7 3 ,8 0 5 4 ,4 2 2 ,3 7 2
* 0 9 .0 0 8
7 3 ,6 <3i
* 7 0 .934
8—0 ,» 3 l
ftc J # a ,ik i4 4 a
-5 7 .4 8 0
02.3*1
7,8 3 5
16,713
....j
6 8 9 .4 9 0
8
5
5
,1
0
.
14,102
2
0
.3
3
#
! lU i »fc I**e
6 1 8 ,9 * 8
7 3 1 ,6 6 3
2 8 ,0 0 0
0#a6.vH?.«****a Tth wit INs***- 20,000
2 2 1 .4 7 7
S70.S22
2 8 .0 5 *
36.70»
^ e U .C -4 W | P WWHU,**i
4 7 6 .478
62L581
e u .r o r
0 5 ,5 *3,
90.19!O iiu b r^ U U 4 U d e t o b e ? . .»
,1
8
.3
4 2.148
2 .« 2 2 .3 0 3 :2.572.3 • 18 .883,811
2
8 1 0 ,3 2 4
.820,124
3
1
8
,5
4
5
3
1
2
,5
0
*
,
BLJPMkl3klil'0.^. N a f e te b e c
12,650.904
,9*3,905
ffiiftnif**
* 4I& w k !>«<■ 3 0 3 .0 3 3 313.617
■219.442
41,0 1 8
2 1 0 ,9 1 "!
36,70»;
Wwoo A Reft!iw 'Oetober.
1
5
5
,2
.
5
1
4
5
,9
0
2
w jm m * * * * '
1
0
4
,7
4
8
91,5316
w. f .cw&.ii ft**a fjfwmitttow.!
2 8 1 ,578
38.632 2 9 1 .6 6 2
S ',3 4 W a il V e A F t m SffiMfflgftv
4 3 1 ,019
4 6 9 ,6 7 6
6 8 ,4 !9
6.-.H12.
W a i te r s o f 'Ah m O w Mmv* **
.0 5 9 .0 0 5 3 ,3 1 2 .9 7 6
7 0 ,0 0 0
7 4 .5 0 0
WsaAJt.Y. * P » H h Wit IW
1
,3
6 5 ,19*
,3
.0
,4
9
8
3
8
.9
2
5
32.8 2 *
f t N l * L Ert« itb w* Her
,256,281 4 ,3 7 3 .4 2 3
77,72*
Wlarooaln Cent M* wk P«w; 82,98
7 7 ,3 2 3
84,751
7,5
2
0
8.289
.
’,171
7 ,9 0 8 _______________________________
_
A e a th______
a ra - O______________
ow ber
Y_ a rk _____
<
'
K_.
'■■■'• 1
S o 'f i * . T*t LeadViBe * G u n n is o n . M o n ta n a 0 n J o o a n d L e a v e n w o rth
.4 S o o th ««'.*• rn a l!;c .« r8 R a r e # io o in d e r e s u lts o n e a s e d lin e s .
* in c lu d e i e a rn in g * fro m fe rric * . • ! « ., a o t g iv e n s e p a r s te lv . 1 M exl# « ; r i w i f t r . - ttsolade* o n ly h a lf o f tin e* In wl»10h U n lc n P a o lfio h a s
a h a lf la te rs a i*
„
,
, . ..
d ta o lu ! m o p e ra tio n s o f til# Ohio. B u rlin g to n * N o rth e rn In b o t h

4 Chironresults for lln- * directly operated ea»t of Fittsbnrg.

* Include* nwtlta on adulated Una*.

_

_ . ,

/ C over* tw id e e th e 4l!»nt1o S y ste m th e H o u sto n A f u u
Oi d r U i
A u s tin 5 y ,i r ',: i * w t « r t , C e n tra l T e x a s .* N o rth w e s te r n a n d r t . W o rth
* S e w O rla a a* .

"*L*t<i#t « r o w K arn ln gtt bv W e e k s .— T h e la te s t w e e k ly earn i ig* m t h e fo r e g o in g a r e a e p a r a te ly su m m e d u p a s fo llo w s:
For th e fo u r th w eek o f D e c e m b e r o u r p r e lim in a r y sta te m e n t
c jrer* ST road #, a n d s h o w s 1 1 -06 p er c e n t in c r e a s e in t h e a g ­
g r e g a t e j r e r t h e sa m e w e e k la s t y e a r .
41* ws«k o f D u e m E tr .
A la b a m a G L S o n th e r n ...
A tla n tic A D a n v ille .....
B t J i A O b lo fto aU u v en t..
B ttfiaJo K och. A Plttah'K .
B a r i. O d . fU p . A N o rth .
C h icag o A E a s t. Illin o is.
C h icag o G ro a t W este rn ..
C h icag o M fiw . A 8 t. P a u l.
Ohlc. A W est M ic h ig a n . ..
G in. J a c k s o n A M ackinaw
O iev. O n . Ohio. A 8 t. L ..
C lev. L o ra in A W heeling
n e a r e r A R io G ra n d e —
D e tro it L a n s 'g A N o rtn 'o
K v a n sv . A In d ia n a p o lis ..
K v ansv. A T e rr e H a u te ..
G e o rg ia A A la b a m a .. ..
G ra n d R a p id s A I n d la n a .
C in c in n a ti B , A F t. W ..
T r a v e rs e C ity ..................
M usk. G r. R ap . A In d .
G ra n d T r u n k o r C a n a d a
l a t e r a l A G t. N o rth ’s . . .
i i r . i t w ha A M
l ,
K a n , C ity F ttta b . A G u lf.
K a n . C ity S u b u rb , B e it...
L a k e E rie A W e s te r n . . . .
L oo Ix t . E rm as'* . A fit. L
L o a lsv , H e a d , A fcR. L ,.
L oalsvU le A N a s h v lils ...
MexlcAB NmtkmmJ _____
liiaaem & uU s A m . L o u is.
M inn. Bt, P. A 0. B ta. M ..
Mo, K wdmaa A T e x a s . . . . .
Mo. P acific A Ir o n M t___
2f. Y, O n ta rio A W este rn
N o rth e rn P a c iflo ...............
P e o ria Deo. A K v a n s v ...
F H ts b a r# A W este rn .......
Kio G ra n d e S o u th e rn ___
S t. J&ewph A G d. Is la n d .
Si. L o u is S o u th w e s te r n ..
S o u th e rn R a i l w a y . ........
Tax a s A P a e lfle ............... .
T o led o A O hio C e n tr a l..
W a fc a * h ,.... . .. . .. . .. . .. . .
W est. Jf. T , A F e n n s y i?
WbsMkttttjr A latk e E r ie ...
W isco n sin O e a trm i. ......
T o ta l (57 r o a d * ) . . . , . . . .
N ot I n c re a s e (1 1 C 6 p .o.),

1896.

18 9 5 .

f
48.4 2 6
7,314
2 0 5 ,a 37
77,8 0 6
110,975
691.001
3 6 6 ,4 8 3
87,5 2 0
1 1 8 ,735
81*1.44!
3 3 ,!• 0
19.695
4 2 3 ,8*8
27.555
1 0 4 ,7 0 0
31,006
8,195
28.014
50,37<
21,6 9 6
40,531
10,132
7*2
3,65 i
4 8 4 ,707
129,501
3 7 ,4 1 2
15,057
3 3 ,8 8 2
13,072
1 0 4 ,7 6 5
36.861
13,184
549,4 90
3 5 6 ,909
180.131
4 4 ,1 2 6
70,0 3 4
3 2 9 .603
7 5 8 ,0 0 0
2 9 ,0 0 0
88,7 0 9
167,786
3 8 7 ,4 4 0
19,238
4 9 ,1 7 8
56,9 5 7
7 ,8 3 6
2 9 ,3 3 6
1 6 0 ,4 0 0
4 9 7 .106
2 5 7 ,4 0 2
47,114
3 0 3 ,0 3 3
7 4 ,5 0 0
3 2 ,8 2 5
8 2 ,9 8 3

*
51,9 6 8
7,895
167.3 <1
85,3 5 4
9 1 ,4 0 0
6 4 5 ,000
2 8 9 ,2 3 0
7 7 ,1 8 3
1 0 4 ,842
7 9 0 .6 5 2
3 2 ,9 7 7
18,731
3 8 6 .475
30,67*
1 8 7 ,9 0 0
23,5 8 3
7,6 5 8
2 9 ,9 3 4
53,3 9 3
12,493
* 0 ,3 6 2
10 ,6 3 *
629
3,1 7 6
4 0 3 ,103
87,417
4 0 ,8 1 5
10,731
13,5 4 3
6 ,7 3 0
1 0 4 ,594
37,5 6 1
12,368
4 6 6 ,3 5 0
2 8 1 ,4 5 9
1 3 6 ,8 7 0
3 5 ,0 4 ’
6 5 ,4 2 4
2 5 0 .1 1 6
6 3 6 ,0 0 0
26.00U
9 1 ,7 9 0
138,867
3 2 4 ,5 7 2
20,827
35 ,0 2 4
7 4 ,6 4 7
1 2 ,1 5 3
14 .1 0 2
1 5 2 ,7 0 0
5 3 2 ,7 3 4
2 5 8 ,1 9 6
4 3 ,5 6 7
3 1 3 ,6 1 7
7 0 ,0 0 0
3 8 ,9 2 5
77,7 2 6

8 ,8 4 4 .5 7 5

7 ,9 6 3 ,7 2 8

... . .. . .

In c rea se .
$
........
30,5 0 6
19,575
40,000
78,2 5 3
10.3 3 7
13,893
2 4 ,7 9 0
123
964
87.383
______
. . . . -.
7,4 2 3
537
9.413
........
__ _ . . .
123
478
81,6 0 4
4 2 ,0 8 4
4,3 2 6
20,3 3 9
6,3 4 2
171
820
8 2 ,8 4 0
7 5 ,4 5 0
43,261
9.081
1 4 ,6 1 0
7 9 ,4 8 7
1 2 0 ,0 0 0
3 ,0 0 0
2 8 ,9 1 9
6 2 ,8 6 8
1 4 ,1 5 4
1 5 ,2 3 4
7 ,7 0 0
4,2 0 6
3 ,5 4 7
4 ,5 0 0
5 ,2 5 8
1 ,0 1 7 ,4 0 5
8 8 0 ,8 4 7

IU ereaM .
»
3,5 4 2
581
7,548

__. . . . .
_______

3,120
23,200
1,9 2 0
3,023
9,831
503
r^mr,

TtlW»»

r- ...
3,403

700

3 ,0 s i
‘T ,5 ? 9
1 7 ,8 9 0
4 ,3 1 7
3 5 .6 2 6
1 0 ,5 8 4
6,1 0 0
1 3 6 ,5 5 8

____ _

For the third week of December o u r final B tatem ent oovers
T9 roads, and shows 0'4S p er c e n t loss in th e a g g re g a te over
the came w e e k l a s t year.
24

o f D tt& m ler.

Wr%v*lf r e p o r t s t67 r*d»>
1>e» M©te«"n A ICSkJie City,
Tim- Oftut. A PfseSiiftQlmr.
0m s* f T ran * o f C » n aa » .
A O r. tV tm lr,. . . . .
Dmi. O r. M & rm & MIL.
O ta, ft*#.. A M m M m w ..
T o t S*#. A M aik eg o B .,
ln 4 L m m !> ee* tu r a w # * i.

1896,

1895.

34 w etk o f IHoember

1895.

18 9 6 .

In y o

In e r e a te .

*
6 ,7 2 8 ,6 3 0
2,188
44,218

*
6 ,8 1 5 ,9 7 4
1,855
3 8 ,3 0 0

*
3 7 5 ,6 9 4
333
5,9 1 8

0 5 ,2 0 9
19,5 2 7
2.1 7 9
1,511
10.061

02,7 6 2
1 6 ,0 3 4
2,801
873
1 1 .2 3 9

2,537
3 ,6 0 3
638

t
3 6 3 ,0 8 8

****422
1,178

Interooftauto (Mex..).........
Keokuk A Western..........
Mexican Hallway........... .
Mextoau Southern, . . . . .
6t. Joseph A Gd. Islan d ..

[VOL. LJtlV.
1896.

*

43.807
6.818
80.485
12.235
30,311

Total ;79 roadsi__ _
7,053.329
Net decrease <0-48 p. s.>.

1895

fncre or-

Dec ease

*
3,746

*
40,061
7.79 1
62,992
10,661
16.296

17,503
1,621
20,015

7,087.432

331,511

*
"*‘976

365,614
34,103

For t h e m o n th of December 79 road s (a ll t h a t h a v e fu r n is h e d
statem ents for th e f u ll m o n th a s y e t ) s h o w a g g r e g a t e r e s u l t s
a s follows :
M onth o f December.

1896.

1895.

$
$
Gross earnings (79 roads) 35,932,312 36.377,497

Decrease.

Per Oent.

$
445,185

I t w i l l b e s e e n t h e r e i s a lo s s o n t h e r o a d s r e p o r t i n g
a m o u n t o f 1 4 1 5 ,1 8 5 , o r 1-2 2 p e r c e n t .

1*22
in th e

N e t E a r n i n g s M o n th ly to L a te s t D a te s .— T h e ta b le f o llo w ­
in g s h o w s th e n e t e a r n in g s o f S tea m r a ilr o a d s r e p o rte d t h is
w eek.
A fu ll d e ta ile d s ta te m e n t, in c lu d in g a ll ro a d s fro m
w h i c h m o n t h l y r e t u r n s c a n b e o b t a i n e d is g i v e n o n c e a m o n t h
in th e s e c o lu m n s , a n d th e la te s t s ta t e m e n t o f th is k in d w ill
b e f o u n d i n t h e C h r o n i c l e o f D e c e m b e r 1 9 ,1 8 9 6 , T h e n e x t
w i l l a p p e a r i n t h e i s s u e o f J a n u a r y 2 3 , 18 9 7 ,
•----- G ross E a r n in g s ,------ .-----N e t E a r n in g s .----- 18 9 6 .
1895.
1896.
18 9 5 .
R oods 1
*
*
*
*
B a i t.* OlllP B outh w ..N o v .
4 9 5 ,6 2 0
5 5 5 ,2 7 4
1 4 1 ,2 0 7
1 7 3 ,2 3 9
J a n . 1 to N o v . 3 0 ........ 5 .6 0 1 ,3 4 2 5 ,9 0 2 ,3 5 7 1 ,7 1 4 ,8 3 5 2 ,1 0 0 ,7 5 6
J u l y l to N ov. 3 0 ........ 2 ,5 9 3 .7 4 8 2 ,3 0 5 ,0 3 8
8 0 1 .2 1 5 1 ,0 8 3 ,7 2 6
B a n g o r * A ro o s to o k .N o v .
6 1 ,4 0 8
5 0 ,7 4 9
2 4 ,3 3 4
2 3 ,5 7 5
J a n . 1 to N ov. 3 J ........
6 5 8 .8 2 8
6 7 6 ,4 0 0
2 5 6 ,9 4 4
2 2 2 ,4 3 7
C e n tra l o f N. J . a . . . . N o v . 1 ,1 4 8 ,6 2 1 1 ,2 7 9 ,6 8 4
5 0 1 ,1 5 7
5 6 2 ,3 6 4
J a n . 1 to N ov. 3 0 ........1 1 ,6 3 4 ,3 5 5 1 2 ,0 4 5 ,4 7 4 4 ,3 6 6 ,1 4 9 4 ,8 1 0 ,0 9 8
C ln .Ja o fc . A M a o k .b .N o v .
5 4 ,9 9 3
5 7 ,9 5 0
7 ,5 2 2
9 ,7 9 7
J a n . 1 to N ov. 3 0 ........
6 i4 ,0 2 0
5 7 6 ,4 0 8
9 2 ,9 3 7
7 8 ,8 0 2
C lev. L o r. * W h e e l... O ot.
1 0 1 ,5 8 0
1 0 2 ,7 9 8
3 1 ,9 8 4
5 1 ,4 3 0
3 2 1 ,9 2 2
3 5 0 .0 8 8
J a n . 1 to o o t. 3 1 ........ 1 ,1 1 5 .1 7 6 1 ,1 9 7 ,7 4 2
J u ly 1 to O ot. S i ........
4 2 4 ,5 9 1
6 1 9 ,5 2 9
1 2 7 ,0 5 5
1 9 7 ,8 6 1
D en . A R. G ra n d e .b ..N o v .
6 0 9 ,7 5 0
7 0 6 ,6 5 4
2 4 8 ,4 0 3
3 2 3 ,8 7 9
J a n . I to N ov. 3 0 ........ 6 ,6 7 0 ,8 1 4 6 ,6 6 8 ,8 8 8 2 ,6 8 6 .0 7 3 2 , 8 ’ 8 ,1 5 2
J o lv 1 to N ov. 3 0 ........ 3 ,2 0 1 ,8 9 4 3 ,4 5 9 ,5 6 6 1 ,3 2 0 ,5 9 1 1 ,5 5 5 ,6 7 1
E d le o n E l.il.C o .8 t,L .N ot......................................
3 3 ,6 7 9 4 2 ,8 6 7
J a n . 1 t o N ov. 3 0 ............................................................
2 8 6 ,6 3 0 3 1 0 ,0 7 1
G e o r g i a . a . . . ............... N ov.
1 6 2 ,3 3 7
1 6 0 ,3 2 3
6 9 ,4 4 4
8 0 ,0 2 6
J a n . 1 to N o v . 3 0 ........ 1 ,4 1 0 ,0 3 1 1 ,1 9 9 ,9 9 9
* 4 1 5 .6 5 0
* 2 8 6 ,2 6 0
7 1 4 ,7 4 2
6 2 0 ,7 4 5
* 2 5 8 ,0 6 0
*221,591
J u ly 1 to N ov. 3 0 ........
G e o rg ia A A la b a .a ..N o v ,
8 9 ,3 9 2
4 7 ,6 0 8
2 9 ,5 7 6
1 5 ,1 0 9
J a n . 1 to N o v . 3 0 ........
7 6 1 ,8 8 4
4 4 5 ,9 3 1
2 4 1 ,4 2 1
6 2 ,6 8 3
J u ly 1 to N ov. 3 0 ........
4 3 8 ,6 5 4
2 3 0 ,3 3 5
1 5 4 ,9 7 6
5 5 ,1 5 8
K a n . C. F t. 8 . * M .a .N o v .
3 8 3 .9 7 1
3 9 5 ,7 9 4
1 2 3 ,0 1 2
1 2 2 ,4 6 3
J a n . 1 to N o r. 3 0 ........ 4 ,0 9 4 ,3 7 9 4 ,1 4 7 ,7 4 7 1 ,3 0 4 ,2 0 3 1 ,2 8 7 ,6 2 0
6 4 9 ,4 1 1
6 4 2 ,2 1 3
J u l y 1 to N ov. 3 0 ........ 1 ,9 5 7 ,7 9 7 2 ,0 1 9 ,6 0 7
C a n . C. M e m .A B .a ,.N o v .
1 2 0 ,4 1 2
1 3 6 ,2 7 0
4 1 .2 6 0
4 6 ,1 2 1
J a n . 1 to N ov. 3 0 ........ 1 ,0 7 0 ,1 9 1
9 9 7 ,1 0 7
2 4 6 ,7 3 8
1 4 6 .3 6 9
J u ly 1 to N ov. 30 . . . .
5 3 1 ,8 9 7
5 1 8 ,4 4 3
1 6 2 ,8 0 8
1 0 0 ,1 7 2
L a c le d e G as-L . C o ... D e o ...............................................
9 2 ,0 2 2
1 0 2 ,1 2 1
J a n . 1 to Deo. 3 1 ............................................................
7 5 9 ,9 7 2 8 6 4 ,8 8 6
L o u isv . JEvanev. * 8 t. L,—
J a n 1 to S e p t. 3 0 ---- 1 ,1 4 2 ,9 5 0 1 ,0 8 1 ,1 9 0
3 2 0 ,1 0 0
2 6 0 ,9 4 0
L o n lev . * N a e h v .b ..N o v . 1 ,7 4 1 ,8 1 2 1 ,8 7 8 ,5 9 0
6 1 1 .0 8 8
7 2 1 ,9 3 7
J a n . 1 t o N ov. 3 0 ........1 8 ,4 0 8 ,5 7 5 1 8 ,0 5 1 .3 4 3 5 ,8 6 0 ,3 6 0 6 ,1 1 3 ,3 8 6
J u l y 1 to N ov, 3 0 ........ 8 ,7 3 7 ,9 4 5 8 ,9 6 2 ,2 2 6 2 ,8 5 9 ,2 9 6 3 ,2 2 1 ,8 0 3
M e x ic a n C e n t r a l .. .. N ov.
8 8 7 .6 2 7
8 0 6 ,6 4 0
2 4 0 .6 0 6
2 9 0 ,2 4 4
J a n . 1 to N ov. 3 0 ........ 9 ,1 9 2 ,0 9 9 8 ,5 9 4 ,2 7 1 3 ,1 5 1 ,2 5 7 3 ,4 8 4 ,6 8 0
M ex. I n te r n a tio n a l..N o v .
2 5 5 ,3 3 4
2 3 1 ,6 1 0
1 0 7 ,3 2 9
8 5 ,8 8 8
J a n . 1 to N ov. 3 0 ........ 2 ,6 6 7 ,0 9 7 2 ,3 7 8 ,6 6 9
9 9 5 ,6 5 1
9 2 4 ,7 4 3
M e x ic a n N a tio n a l... N ov.
4 7 4 .5 1 5
3 9 2 ,4 3 2 c 2 3 9 ,6 1 6 c l 3 5 ,9 3 5
jJ a n . 1 to N ov. 3 0 ........ 4 ,7 2 5 ,7 5 7 4 ,0 6 7 ,7 7 3 c 2 ,2 0 9 ,1 1 5 c l , 8 5 9 ,7 0 9
M e x lo a n N o r th e r n ...O o t.
4 1 ,9 6 7
5 2 ,0 2 1
1 9 ,1 7 3
2 6 ,6 2 6
J a n . 1 to O ot. 3 1 ........
6 2 5 ,1 1 1
5 7 0 ,6 7 4
3 2 8 ,5 0 5
3 0 4 ,1 4 7
M o n te r'y A M e x .G u lf.O o t.
1 0 1 ,9 9 2
1 0 4 ,3 4 6
4 4 ,2 2 3
..............
N o rfo lk A W e s t'n .a ..O o t.
9 0 2 ,2 1 5
9 7 1 ,5 9 5
2 1 4 ,5 4 3
2 0 7 ,1 7 3
J a n . 1 t o O ot. 3 1 ........ 9 ,1 9 4 ,1 0 6 7 ,8 2 8 ,7 3 2 1 ,8 2 3 ,8 5 7 1 ,7 0 8 ,0 4 8
J u ly 1 to O ot. 3 1 ........ 3 ,5 2 9 ,8 6 3 3 ,4 1 1 ,2 6 2
7 0 7 ,5 3 5
8 4 9 ,9 1 2
N o r th e a s te r n o f G a ..O o t.
8 ,2 9 5
6 ,4 1 0
4 ,8 4 0
2 ,7 6 9
J a n . 1 to O ot. 3 1 ........
5 2 ,0 3 2
4 2 ,4 8 3
1 9 ,4 5 9
7 ,6 7 4
O re g o n R R . A N a v ..N o v .
4 7 4 ,8 6 6
3 8 2 ,5 7 2
2 4 1 ,3 3 1
..............
R io G ra n d e W e s t.b - N o v .
2 1 6 ,2 9 1
2 3 2 ,4 8 5
7 3 ,1 8 7
1 1 0 ,9 6 6
J a n . I to N ov. 3 0 ........ 2 ,1 9 9 ,4 1 2 2 ,2 0 8 ,4 8 4
7 5 4 ,0 8 6
8 5 1 ,0 7 0
J u l y 1 t o N ot. 3 0 ........ 1 ,0 9 1 ,1 0 8 1 ,1 6 4 ,0 8 6
3 7 0 ,7 3 4
5 0 3 ,0 5 4
S t. L o u is A B an F r ..N o v .
5 2 7 ,9 2 9
5 5 7 ,2 9 7
2 3 8 ,8 3 3
2 4 2 ,8 5 2
J a n . 1 to N ov. 3 0 ........ 5 ,6 0 3 ,9 3 8 5 ,5 0 3 ,9 3 0 2 ,2 6 -,2 6 3 2 ,1 8 0 ,7 7 5
J u ly 1 to N o v . 3 0 ........ 2 ,6 8 5 ,2 8 6 2 ,7 4 1 ,3 8 7 1 ,2 1 5 ,3 7 8 1 .1 5 8 ,8 3 9
S o u th e r n P a o lflo .l» ..N o v . 4 ,5 0 3 ,8 3 2 4 ,7 5 6 ,1 9 0 1 ,7 6 2 ,4 5 8 1 ,8 9 1 ,4 1 2
J a n . 1 to N ov. 3 0 .....4 4 ,3 4 2 ,4 3 7 4 6 ,0 9 0 .1 5 2 1 5 ,1 1 6 ,8 8 0 1 5 ,4 2 4 ,8 9 1
T o le d o A O h lo C e n t.b .N o v .
1 6 5 .0 1 0
1 7 9 ,3 0 3
4 7 ,0 2 8
6 1 ,1 3 1
J a n . 1 to N o v . 3 0 ........ 1 ,6 3 7 ,4 0 2 1 ,6 8 3 .1 4 7
4 4 8 ,1 6 4
4 9 2 ,5 0 2
J u l y 1 to N o v . 3 0 ........
7 6 4 ,6 9 0
9 1 1 ,4 9 1
1 8 9 ,4 7 1
3 0 7 ,7 0 8
U n , P .D . A G u lf .b ....N o v .
3 1 2 ,0 0 5
3 1 8 ,5 4 5
1 2 5 ,4 6 3
1 2 9 ,7 6 8
J a u . 1 to N o v . 3 0 ........ 2 ,8 2 9 ,1 2 4 2 ,8 3 0 ,3 2 4
6 6 5 ,6 9 7
6 7 3 ,3 0 6
W. J e r s e y A 8 e a s h ’o..N ov.
1 4 5 ,9 0 2
1 5 5 ,2 0 5
7 ,2 8 4
6 ,6 3 3
M ay 1 to N ov. 3 0 ........ 1 ,7 8 3 ,4 4 3 1 ,8 3 5 ,6 5 8
5 2 6 ,5 8 0
5 6 7 ,3 6 8
W isc o n s in C e n tra l,b .N o v .
3 3 1 ,0 6 6
3 5 6 ,6 7 2
1 1 1 ,4 1 4
1 1 0 ,5 0 2
J a n , 1 to N ov. 3 0 ........ 3 ,9 5 1 ,8 9 2 4 ,0 8 3 ,8 6 9 1 ,3 2 8 ,9 8 3 1 ,5 5 2 ,0 1 1
J u ly 1 to N ov. 3 0 ........ 1 ,9 2 7 ,4 1 2 2 ,0 9 2 ,0 7 1
7 1 4 ,0 7 7
7 9 1 ,7 0 1
a, N e t e a r n in g s h e r e g iv e n a r e a f t e r d e d u o tln g ta x e s .
b N e t e a r n in g s h e r e g iv e n a r e b e fo re d e d u c tin g ta x e s .
c D e d u c tin g o th e r e x p e n d itu r e s f o r r e p a ir s , r e p la c e m e n ts a n d g e n e r a l
e x p e n s e s , n e t in o o m e a p p lic a b le to I n te r e s t o n b o n d s lti N o v e m b e r w a s
* 1 2 5 ,1 4 3 , a g a i n s t $ 1 0 1 ,0 5 2 la s t y e a r , a n d fro m J a n u a r y 1 to N o v e m b e r
3 0 $ 1 ,2 2 3 ,1 3 0 , a g a in s t $ 9 7 9 ,7 5 1 . T h is Is t h e r e s u l t In M e rlo a n d o lla rs
t r e a te d (a c c o rd in g to t h e c o m p a n y ’s m e th o d o f k e e p in g Its a c c o u n ts )
a s e q u iv a le n t t o 8 0 c e n ts in U n ite d S ta te s m o n e y —t h a t Is, a ll d e p r e c i­
a tio n b e y o n d 2 0 n o r c e n t h a s a lr e a d y boon a llo w e d fo r.
• A fte r a llo w in g f o r o th e r Inooui© re c e iv e d n e t fr o m J a n u a r y 1 to
N o v o m b e r 3 0 w a s * 5 0 8 ,4 0 2 , a g a i n s t $ 3 7 9 ,0 1 2 , a n d fro m J u l y 1 to
N o v e m b e r 3 0 * 2 8 9 ,4 3 6 , a g a i n s t * 2 5 2 ,9 6 7 .

J ahdaby 9, 18t>7.J

THE CHRONICLE.

I n t e r e s t C h arg es a a d S u r p lu s .—T he follow ing roads, il
ad d itio n to th eir gross an d net earn in g s given in th e foregoing,
also report charges for in terest, <fcc., w ith th e su rp lu s or d eficit
above or below those ch arg es. .
r - I n l e r ’t, r e n ta ls , d
e . ^ /—B a t . o f N e t B a m *
<*c,-

1895.
1896.
$
$
21,996
18,196
240,05 L 201,035
199.833
198,874
931,819
984,242
121,594
121,923
584,352
577,205
16.507
13,966
82,535
69,337
41,717
37,600
189.397
196,638
' After allowing for other Inoome received.
Roads.

Beneor A Aroostook. Not
Jan. 1 to Nov. 3 0 . .. .
Denver A Rio GrMe..Nov
July 1 to Nov. 30.
Kan. C. Ft. 8. A M...Nor
July 1 to Nov. 3). ..
Kan. O. Mem. A Blr .Nov
Jnlv 1 to Nor. 3 0 . . . .
Toledo A O. Cent...... Nov
July 1 to Nov. 30,...

1896.
9
2,333
16,893
48.570
338,772
1,418
64,559
24,753
80,273
‘5,603
•1,732

1895
*

79
L a t e s t G ro ss E a r n i n g s .

G ro ss
E a r n in g s .

1896.

W eek o r M o

1895.

l to L a te s t D a t e
1896.
1895.

Jan.

$
$ 1
$
I
$
wiikesb. AWy.Yalley November. 41,21=7 39.401 461,850 407,105
Wilmington 8t. By... Septemb’r. 3,458 3.0)2
Worcester Consol...... October. .. 40,109 39,046
Worcester 8nb.St. Ry. Septemb’r. 14.29 L ____
* Figures were exceptional in 1395 on account of Atlaata Exposition

5,379
21,402
125,005
571,429
Street Railway Net Earnings.—The follow ing ta b le gives
540 she re tu rn s of S tr eet railw a y gross and n et earn in g s receiv ed
65,003 'h is ween. In rep o rtin g these n e t earn in g s for th e stre e t ra il­
32,2 5 ways, we adopt th e sam e p lan as th a t fo r th e steam roads—
3 ,8*5
*23,881 chat ia, we p rin t each week all th e re tu rn s received th a t
*112,389 week, but once a m o n th (on th e thi*<1 or th e fo u rth Satuxlay) we bring to g eth er all th e roads fu rn ish in g re tu rn s, a n d
the latest sta te m e n t of this kind will be fo u n d in t h t
C hronicle of D ecem ber 19. 1896. The n e x t w ill a p p ear in
STREET (UILtiTATS Jl S Q TRACTION C O U PA N IE S
th e issue of J a n u i r y 23, 1897.
The follow ing table show s th e gross e arn in g s fo r th e latest
— G ro ss B a rm n g s.- \ .-----N e t E a r n i n g s .— —
*
1895.
1896.
1896.
period of all str eet railw ay s from w hich we a re able to o b tain
1895.
R
o
a
d
s
.
8
w eekly or m onthly retu rn s. The a rra n g e m e n t of th e ta b le is Atlanta Cons. St Ry.Deo.
29/250
*62,848
15*250
*32.814
the sam e as th a t fo r the steam ro ad s—th a t is, th e first t v o
Jaa. 1 to Deo. 31......
368,715 *474,112
181,126 *241,480
oo'um ns of figures give th e gross earnings for th e la te st Brooklyn Heights—
week or m onth, an d th e last tw o colum ns th e earn in g s for
Oct. 1 to D o. 31...... 1,251,848 1,147,554
515,865
370,467
4,548,762 3,987,296 1,912,608 1,165,795
th e cale ad ar year from Ja n u a ry l to au d in clu d in g su ch la te st
B’klyn Queens Co. A Sub.—
w eek or m onth.
182.348
102,586
Goo. 1 to Deo. 31......
65.847
40,534
STREET RAILWAYS ANO TRACTION COMPANIES.
720,300
615,264
Jan. 1 to Deo. 3 i......
260,900
181,390
102,2*8
98,5
49
Lynn
A
Boston
......Nov.
30,311
29,853
J a n . 1 to L a te s t D ate.
L a te s t G ro ss E a r n i n g s .
G r o ss
Jan 1 to Nor. 30 . ... 1,335,671 1,290,915
572.691
575,501
E a r n in g s .
W eek o r Mo 1896.
1896.
NewOrleaus Tract...Nov. 104,230
1895.
1895.
121,400
42,931
58,811
Jan. 1 to Nov. 30...... 1,212.898 1.227,686
523,212
525,561
*
9
P*k’ps.CltyAW
Falls.
Nov.
6,0
l
l
6,655
2,1*4
574
6,199 5.466
Akron B e ll'd A Clev November.
90.175
80,068
.fan. 1 to Nov. 3u. ...
33,939
Akron at.Ry.A til Co November. 16,180 15,67o 191,118 108,733
80,744
A llent’n A Leh. Tr’t'n May.......... 21,234 19,119
72,223
* Figures were exceptional in 1895 on aooount of Atlanta Exposi*
Amsterdam St. R y ... No\ ember.
45,195
3,92b 3,828
42.833 lion.
Anderi’nSt. Ry.tlod.) October. ..
4.665 3,3u9
Atl. Consol, a t R y.. December. 29.250 62,848 *368,715 *474,112
ATLANTA CONSOL. STREET RAILWAY.
A tlanta Railway. ... November.
6,171 8.768
M a y 1 to Dec. 31—
1896.
1895.
1894.
4 ,9 7 i
A nrora8t. Ry. (Ills.). November.
5,650
...... .............$258,964
$309 538
$206,825
Baltimore Traction.. December, j100.956 95,673 1,249,666 1,185,882 Gross errnings.
Operating
expeosea..................
122,110
179,528
115,891
19,022
Bath 8t. Ry. (N. Y.).. November.j 1.424
1,493
19,214
83,47-^
Bay Cities C on sol... November.
6,5 0 6,786
81,669
Net earoiags............................$136,65 4
$21.0,010
$90,934
9.513 132,415 116.2 4**
Binghamton St. Ry.. November. 10,2*3
81.667
Bridgeport Traction November. 23,841 21,427 296,606 278,041 Fixed charges.....................................
Brockton Con 8t. Ry November. 23,899 20,379 293,929 252,355
Net profit ,
$52,187
Br’klyn Rap.Tr. Co.—
Brooklyn H eights.. De ember. 371,73° 353,23 4,548,762 3,987,296
Br klyn Qu’n* A Hub December. 57.932 53.59-5 720.400 0 1 5 .2 0 4
Total for system . December. 429,671 406,332 5,269,06* 4,002.560
Buffalo R y................... Septerab'r.
985.79 ♦
1,031,23
A N N U A L REPORTS.
Chester Traction....... November. 14,632 14,901 191,154 19 ,3 52
Chic. A 8o. Side K T November. 57,437 63,885 639,231 659,4*1
Cin. Newport A Cov.. August.... 62,976 62,736 438,377 40b,371
A nnual R e p o rts.—The follow ing is an in d ex to all a n n u a l
1,607
18,825
City Elec. (Rome.Ga.) November.
Cleveland City Ky.. August__ 113,3*4 100,062 762.6*4 688,1*4 re o rts of steam railroads, stre e t railw ay s am i m iscellaneous
1,367.757
Cleveland Electric. November. 126,058 130,137 1,499,266
co npanies w hich have been published since th e last editio n s
Cleve. Palnsv.A E __ November.
5,382
of che I n v e s t o r s ’ a n d S t r e e t R a il w a y S u p p l e m e n t s .
Columbus St. Rv. (O.) 1th wk Dec 13,056 13*205
Coney Island <s B’lyn November. 21.863 22,316 319,634 358.00
T his in d e x d o e s tin t in c lu d e report* n to -d a y ’s CHRONICLE.
Consol. Traction N.J Septemb’r.
245,53b 2,092,756 1.869,635
N o t e . — F ull-face figures refer to Volume 64.

Dan v. Gas El. Light A
Street Ry................ November.
9.209 8,845
Dayton Traction...... A u g u st...
5.914
Den iter Con. Tram w November 53,059 54,558 666,614 658,845
Detroit Ry.................. November. 31,763
388,225
2l3,u8> 216.505
Duluth 8t. Ry______ November. 16,732 19,30
Erie Elec. Motor Co.. November. 10,4 il 11,242 139,186 137,501
G alveston City Ry.. November. 16,632 15,848 196,255 200,487
Herkimer Mohawk Xi
Ion A F'kfort El.Ry October. ..
3,290 3,302
35,571
H lng’m (Mass.) 8. Ry. July.........
9,800
Hoosiok Ry................. October. ..
**7,233
60t
Houston City 8t. Ry.. Ootober. .. 18,714 17,346
Interstate Consol, of
North A ttleboro... November.
9,736 8,904 114,020
Kingston City Ry__ November.
4.297 4,033
Lehigh Traction....... . November.
9,369
111*.226
London 8t Ry. (Can.). November.
86,511
6,558,
Louisville R.i 11w ay... August__ 103,061 105,647
Lowell Law. A H av.. November, 28,482' 29,207 379*834 392.040
Lynn A Boston.......... tth wk Dec 34,025 33.169 1,437,649 1,397.437
Metrop. (Kansas City itli wk Dec 47,031 46,889 1,773,17 1,732.9 42
Montgomery 8t. Ry November.
40,2 *l
4.802 4,154
52,5 »5
Montreal Street R v.. November.! 100,787 93,454 L,172,831 1,049,611
Nassau Eleo. (B’klyn) November. 119,943 26,602
Newburgh Electric.. November,
5,121 5,793
New England St.—
W inchester A v e__ November. 14,677 15,291 229,023 216,540
Plym ’th A Kingston November.
28,377
2,190 2.029
31,427
T o ta l............
4th wk Dec 4,324 4,471
*40*.
2si
New HavenACentrev. Ootober. .. [4,562
47,364
4.769
48,351
New London St. R y.. November.
50,347
3.042! 2,718
New Orleans Traction November. 104.230 121,400 1,212,898 1,227,686
N. Y. A Queens U’y ... November. 28. oo!
Ogdensburg 8t. R y .. November.
*10*1*50
1,342
Paterson Ry................ November. 23,619 24,854 293,722 273,123
P itlsb. Ft.Sub. El.Ry. November.
14,442
1,321
p o’keepsle A Wapp. F. November.
6,O il
80,008
6,655
Rapid Ry. (Detroit).. Septerab’r.
8,420
23,979
Roauoke Street.......... A ugust....
3,892, *4,023 *27,59
Rochester Ry............. Septemb’r.
652,373 64 7,065
84,205
Bobuylkill Traction... November.
90,119
8,251 *8,223
44,546
ScnuylkUl Val. Trac. November.
4.532 4,05 8
58,648
8erantoo A P lttston.. November.
5,477
Scranton Traction... November. 30,201 28,685 320*755 270*1*17
Second Ave. (Pittsb.i November. 33,804 36,147 464,249 319,255
71,733
Bloux City Traction November.
71,739
6,1831 6,829
34,619
2,741 2,803
Syracuse E’st-SldeRy November.
Syracuse Rap. Tr. Ry. November. 31.032 33,322
Terre Haute El’c. Ry October... 12,450 11,997 137.764 120,771
Third A re. (N. Y.) .. Septemb’r.
2,000,858 1,998.723

Toronto Ry.
Twin City Rap. Tran
Union (N. Bedford)...
United Tract. (Prov.»
Unit. Trac. (Reading)
Wakefield A stone__
Waterbury Traction..
Wheeling Railway...

November.
November.
November.
November.
November.
November.
November.
November.

75,557
159,335
15,512
131,643
12,142
3,592
22,213
12,716

R a il r o a d s a n d M is c e l . C o ’s.
V o tm o ts 03 a n d 64 —
Page.
A kron A Chicago J u n c tio n ..............l-'O?
American Cotton Oil...............1007,1019
American Tvpe F o u n d ers............. 792
A naconda Copper M ining................1150
Atch. Topeka A S anta Fe (0 mos.). 791
Baltim ore A O hio.. -------901,921,926
Do L i'tie ’s rep o rt 1009,1040,1082
B. A O. South w estern ------ .1000, 1020
Buffalo A S u s q u e h a n n a ..................1154
Canada S ou th ern ............................... 1155
C entral of Georgia R y ..ll3 9 ,1154,1100
Central 1'hio ....................................1007
Chicago Burl A Quincy.................... 8*7
Chic. June. Kys A Un. Stk. Yds ... 878
Chic. Peoria A St. Louis (0 mos ).. 791
Cincinnati P o rt-m o u tb A Virginia. 791
Cleveland Akron A Columbus........ 1112
Cleveland Canton A S o u th e rn .......1156
Cleveland Lorain A W h e e lin g ..... 3 9
Cleveland Term inal A Valley
.. 7wi
Clevelan l A Cincinnati Midland ..1007
Tolu in bus Sandusky A H ...................835
Evansville A Indianapolis ............. 878
Intero eanic of Mexico.................... 1113
Iron team boat Co .......................... 960
............. 792
Kanaw ha A Michigan
K an City Ft. Scott A M em p..........1155
K ansas City Memphis A B............... 1150
Lake Shore A Michigan S o u th e rn .1155
Lehigh A H udson R iver ............... 1111
Long Island R R ................................. 830
M anhattan (E levated) R v............... 870
M ergenthaler Linotype Co.............. 1157
Mexican N orth ern ...................
792

R a il r o a d and M is c e l . G o 's (C o n .)

Votum rs 63 a n d 64—

Page.

Mexican S o u th e rn .............................1112
M ichigan C entral..............................1165
Missouri P >ciflc................................ 877
Mobile A Birmingham ................... 1112
Newark Som erset A Straitsville ..10"8
N orthern Pacific.......................835, 1000
N orthern RR. of New Jersey ....... 837
Penn. H e at L ight A Pow er............. 795
Pittsburg A W estern .................... 1111
Sandusky Mansfield A N ew ark....... 1008
South Carolina x G eorgia........
905
Southern Pacific ..........
835
Sullivan County ............................ 877
V erm ont Valley.....................
877
W elsbach Commercial Co............. 1001
W heeling * Lake Erie .................. 792
Wtlm ngton Columbia A Aug......... 1155
W ilmington A W eldon.................... 1156
Wisconsin C entral........................... 931
S t r e e t R a il w a y s .
Brockton Consolidated.................... 1008
Buffalo K y...........................................1158
Globe St. Rv. (Fall R iver).. . ....3001
Lowell Law rence A H a v e rh ill....... 1001
1001
Lowell A Suburban. ...............
Lynn A Boston .......................1007,1113
N orth Shore T ractio n ....................... 1113
R ochester R y .................................... 906
Springfield (Mass.) St. R y............... 1001
union St. Ry. i New B sdrord).........10H1
Union T raction Co.. Phil..................1000
W est E nd St. Ry. (B oston)............. 908

F lo r id a C e n tra l & P e n in s u la r R a ilro a d .

('Results for year ending June 30, 1896.J
E arnings for the late fiscal y e a r have been fu rn ish ed to the
C h r o n i c l e and com p ire as follows w ith previous v -ars.
It
will be n oted th a t th e deficit fo r the y ear ( S i lt ,834) oc­
curred en tirely on th e leased dne, th e S o u th B 'und R R ., the
F lo rid a C en tral p ro p er show ing a surp lu s of $17 491.
1895.

------ 1890.—
Years end. Jane 30— F.O. A P .

Z

Earnings ...................... 1,704,023
Oper. expenses ............ L273,102
P.o. of op. exp to gross., (72*14)

1894.

So. S ta n d . E n tire R i . E n tire Rd. E n tire Rd.

Z

300,885
310*11
(105-22)

$
2.005.510
1,68*'.774
(70-97)

78,447 904,354 902,498
475,736
N et earnings........... 491,401 def.15,725
162.666 1,866,410 l ,796,3i 2
charges—
15,107 192,271 169.952 InFixed
491.800
101,050
t. on m ortgage bonds 390,210
133,628 1,530,923 1,495,031 Taxes, etc...................... 83,754
95,754
I2,ou0
13,146 176,386 172,002
587,020
113,050
51,758
T otal fixed charges. 473,970
53,175
3,835
222,508 Balance for y e a r........ sur 17,491 def.129,375 def.111,884
21,886 223,593 —
12,928 182,949* 137,377 •V. 6 1. p. 136.

*
2,272,148
l,09o,3i 8
(74*39)

Z

2,105,757
1,443,591
(08-65)

581,830

002,176

480,282
97,671

420,498
81,968

577,853
sur.3,977

505.469
160,710

THE

80

CHRONICLE

)V0L. LX1V.

«**i*mtng i»rg * uni -'n**dti
h*< no accruod from operation.
Ox the com rary th*s coiu.muy has expended for real estate,
right o f w a v a n d eonsiruxtfnu of th e 8 - a s i d e & B . B , E l e v a t e d ,
including the loop. (771,17.J in excess of am ount r e a l i z e d
|Y* - d ra t t ritmaii Mi Ute report *iy» in p*r":
IvM ••'. •; o f K x,r
- \'.>c* liim un lift.; the great b rtulc- fro n ilia sain o( u x o rtc H g > loads, of which am ount $113,082
w a s expended i n 1896 ’’
in *■t fiv io ^ ' a n d lit
i t » n v pr antic tt 1, n o ex p io * -- h i s
S ta tistic s —-T i e r e s u l t s f o r a s e r ie a of v c -a rs w ere a a below:
t>ee« »,*#« i its amiaadalBjt to • (»r p **SJ i' JMh 'f i • i i itto i
KAK-.ISOS tXI*KKSE», C H iaO ES, «TO.
iti
fit* ■!»«<*« cv»i ! onir m v* W«a **ff C’e i iy re.
Hr.> .fcljti E tts» le 4 R tllr o td .

■' H ttv - f! f a r th • y t s r r u l i n g lir a . S i , I S a ii.J

4 ;• •
g il n •

C

. u»ir. »«•r i ; >or *v *<«**. Y • if as \uag«tnu«»t M O is d it
(*i .1 >

ijW i/ton.

Tho targe falling o il in »h- passenger r<-e o pts

, V :a t ' %

: ■

‘ ■■

- ' A," -

■ l "** M t: : i ' l iih'B

1896.
P a sV F b ri G»rr!etl ,3 2 ,6 0 8 ,3 8 7
$
Oroij# e a r n in g s . , 1 ,7 1 8 ,8 8 3
Oper e xpenses —
M otive paw .tM ii; i
5 1 2 .8 7 9
T r *! ti a n d a u t i t m
............
3 3 1 ,3 8 7
*<5,748
M a iu t o f e tr * . . .
•t9 ,2 ‘>9
M aim . *>f w-iy . . .
Dam.ik.*’* p a id ___
6,8 8 1
5 9 ,3 3 2
ar-u'i.V mi* e l, e x .

1896,
4 0 ,0 6 8 ,7 1 9
$
t 2 ,0 8 2 .9 3 7

18 9 4 .
3 3 ,5 6 0 ,1 6 2
*
1 ,7 3 0 ,8 4 8

1893.
3 5 ,3 * 2 ,5 0 8
$
1 ,8 3 9 .2 3 0

!“
!. !»a i
C6. o:i m o tio n o f th e J ta y o r o f B rooko t . e r- **■.*' iiim i vv .s i' .*."‘*i by tfo U rldno trn s te o a a p p o in tin g a o o a rd
*
* , * * « • a re n o w i **a•M-riio- th e q u e a ilo a o f th e ' ‘f.iasthhi :■ ■’ ' a**
u o i o d a h ty “ o f eo v a te il o a r- c ro s s in g tb s b rid g e
S h o u ld
i-m i ii.tiiir u iiw w ith o u t c h sfig e of o a rs re s u lt, i t Is
I v * . * U s t tin* ; •*;*« a l l *1. **f H r a a k l y u w m t M r a p t d l v I n c r e a s e .

A
' ‘ . I
It'"
1■!11*;11.' 1 tin ' Ill-Id ire, Willi Kl
*h*-- in Hi
* ■ a - in*: ,*i i i.e. ity , a a a t h e f u tu r e - v a lu e of y o u r
p ro p e rty w o u ld M firm ly e sia b ltsiie d .

j-ij if. .... - ,"u. Sat*, taxes have been p ud at m atu tity ,
th.- ».fuetur< her* not been paid, Tne
»n*!Hib-i *—*..ev.i h. the city of Brooklyn h ring exoesaive,
your oShi.-v.-e wt*r>« ,*i«i-a*d i*y counsel to contest tea am ount
ini|»*—l •?> ‘.ii■*c urts, aril three legal proceedings are now
;•■ :■ ! ! .*. I •• r*- • -i *1- ci i m of the Appell iu- Division of
tn-- -.I, n i ' ,urt d*'*-s out dir*- 11y «if set the ciTitest p end­
ing
- *the tax* - onatruciure for 1885 and 1888, but decides
it,at full !**<>» us
-wrd 'luufct be paid for 1893 and 1884.
T im n eJa i C ondition .—The report given no balance sheet,
but ibc
(bin* ftivabU*) D<*i 8 i, 1808(secured by (1,310,*' - ■ i< & B B. firsts), «-<r*.* .i()l)5,i)(J0, having bt't'ri inrrw ,-S litG .0 :0 ,-juriog the year; there was due “ operating
f '|I; > id'dJT *. »r,d the loUu profit, an 1 loss defioienoy Dac.
31. - '■'*. - >- ?lbh'.7*t. Of the >3.1100 000 Seaside & Brooklyn
Bridge ii.xt m *i g*>g** bond* iwtiod, ( 1 ,868,000 were s dd to
*uh*vnr- f*, 4l.210.utMt («s above) were out as collateral; (874,.
<«»* *»...*.* u. H i,f th*< G-.ntral Trua’ Go. as trustee for account
o? i*i<- S’.* > klyu Ei* vali d, and JaO.OOO were deposited as
ssifr-sy lo appeal case*,
C entral Finances .—‘The r* p *rt atat<*B that after pitying all
inter* . *, maftiring in 1896, alw, coupona of the SeaslUe & B. B.
firsts and Brooklyn Elevated seconds m aturing Jan. 1, 1807
th* cash on hand D*:c 31, 1896, was $62,071. The company,
how i t , r, v m compelled to iocrea*** it* liabilities during the
ye*/ I -06 SHG.COO, no th a t the floating indebteduesa Dec. 31,
lv-*6. wo* |4'.'6,000, besides local taxes in litigatiem, “ This
i t ,n**-.p:I t

4 3 3 ,8 7 4

1 8 ,826

N et e a r n in g s ........................... . . . .
O th e r in o o m e ................. ...........

2 6 9 ,6 0 0

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

8 8 ,2 1 0
1118,567

G ro ss in c o m e ___. . . .
F ix e d c h a r g e s a u d t a x e s . . . . . . . .

3 5 4 ,7 1 4

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

6 9 ,6 4 3
1 5 ,701

1 3 1 ,1 5 6

TF54.942

h 'WVTvr, i» tb s m a t t e r o f th ro u g h

■a Turk and Brooklyn bridge,
bne-taif of all passengers using
Sis* r.si.ri.d of tli- o it;.* arrive at ami depart fr nil Ills Brooklyn
b sis.'ii hi toe fiovun.-l c.,ta of the Brooklyn »nd Kings County
•y-tsfin*. i u.i.ni two-tblr u **f mete VI* Brooklyn 0; oae-tliird via
KtuysCooaiy L.t ladaimary, 1896, jour ofli-era aabuntlhd a compreke*>,tv.. prop *-!t!ou tiiiilorapi.t'liii lUrongb irausportalion aoroas
ti:... tuMge tn ;1,■■ u . of iIn* olovateil railroads of Brooklyn, and
» 6 6 « opeue*.! ties way of eiiaoceJiak the elevated systems of botll
em-w »-*'.!; u
trauspofl *1 ou from ilarletn to the limits of
:
wi'nni: chance of car*. The propositiod
ppTov-l uf tun Htatorsi of both cities, and with tlielr
e.nh, <enie>it sti emi.!*!i|>k .on w.,-- iatrailuead in tils Lenislaturo of
*" **.
it was I'.tivi i.-i'-rl* t **'ii of th-* ..... . Oouuiiiuse to wldoh

•

i

O f u . - g r r s u n t lat . .-t* .

S3

S8
ci 1

6 2 1 ,5 1 0
5 3 0 .9 3 2
of 1 •*.*• S , i t - et moelitio of tht' surface road-. On** of tit*'
lnun< > ••# tfc*- «uittsRi<»i>#tw<-»*a iho #urf*< '‘ rsilroiwl* i* the
3 8 9 ,0 7 8
3 3 7 ,5 5 8
giving v *-i-ti onnipsny .»f 11ft *f»•rs over all its line* The
3 0 ,0 3 6
2 8 ,4 3 3
1 ,0 9 6 ,9 1 3
4 2 ,1 8 9
3 6 ,8 0 5
i,; ..
ti
.• 1
:i •* •
100 miles of
9 ,1 4 3
7 ,5 1 0
deubl**-track iiv lic e electric railroad. The Nassau controls
5 6 ,6 8 2
49,821
sja4 tv. rr.i!.* I'xtul "0 m il* . By nieansof unlimited transfers
1 ,1 5 8 ,2 3 3
1 ,0 4 1 ,0 9 4
a I*..***,- ng< r by | <ri8|E Seen!* become* entitled to an almost
T out! o p e r. e x p . 1 ,0 2 9 ,9 8 0
1 .0 9 8 ,9 1 8
p* s; .-Hial rule. The *fleet of this in reducing the earnings Of N e t earaiM R *.......... 6 8 8 ,6 9 9
9 2 1 ,6 9 9
6 8 9 ,7 5 4
7 4 2 ,3 0 7
F ixe d c h 'in je s your eompetiiv is demons*rated by this report.
l
o
t
.o
o
B’k
l
j
n
a
n
d
Siii! or fo Traffic Agreem ent .—As an incident to this intense
5 7 9 .0 0 0
U nio n I n to * ...
eeitnjwiiiion, the Na an Company, without slightest pre- 1 ui.Ofi
5s.
US.ir.O
9 59,423
8 3 1 ,0 9 3
7 6 1 ,8 9 7
6 8 ,3 5 0
•,,-i.<- of an excuse. abrogated the traffic agreern* nt which the lu R o o 8 « a ‘a U t <s.
T
.m
*«,
o
th
e
r
In
tAtlantic Avenue and West End companies entered into with
1 7 2 ,3 8 4 .
e re ss, e tc ..........
th , .-otmviov in
bv which act 'he receipts of the latter
a; the V i.*n :••;••!!, at rhirty-uxth Street ami Fifth Avenue
95 1.428
T o t. d i e d e h a rg . *882,034
8 3 1 .0 9 3
7 8 1 ,8 9 7
w.-r-* largely re in. *d. A suit has be* n begun to restrain this B a la n c e —........... dt*f-19i,*38 > 8 u r.0 j.2 7 1 d e f. 1 41.333 d e f.2 2 ,5 3 0
v k ia , n, in which a preliminary injunction is granted. This
e s ” lnoluda a ll S ta te a n d m n m o ip x l ta x e s ; b u t t h e
iitfgai; in s .mid result in the paym ent of a considerable m •u n" FicIvipeaill tae xh ea rsgon
th e s tr u o tu r e h a v e n o t b e e n p a id . E x o tiu ttu g lo o a l
am nut of damage* Co your company. .
ta x e s on s t r u e tu r a th e tle lie te n cv fo r 1S86 w o u ld b e $ 7 6 ,2 3 6 .
1 In o ro a s e d u e to s tr ik e o n tro lle y r o a d s . —V. *,3, p. 35S.
--The prospects for future increase in the earninc» )* i" : ■! generally upon the increase in the population and
B ro o k ly n R ap id T r a n s it— B ro o k ly n H e ig h t* R a ilro a d .
pro prtity of Brooklyn. This, itis generally considered, will be
( Sta tem en t fo r IS m onths en ding Dec. S I, 1S9G.J
. ur< 1 as soon as* Greater New York takes practical shape. Io
T h e Brooklyn H eights RR. 0
wnic-i is c j a r r iU e d b y t h e
addition to this, however, it is to be expected that other event*
will tend to restore the earnings of the company above former Brooklyn Rapid T ran sit G rep o rts C acaiags f,jr f,oa e a la n d a r
Agate-. It is t» lieved that the financial results of the past y e a r ( D s o e m o e r p a rtly e stim ated ) as follow s :
year «iit e ,ufi* the surface railroad companies to settle their
1896.
1895.
In c r e a s e ,
s
$
-9
dlffeiei c-’s and operate their lines with a view of m aintaining
G ro s s e a r n in g s ...........................
3 ,9 8 7 ,2 3 6
5 6 1 ,4 6 5
their valuable properties a t a profit instead of at a loss.
O p e ra tin g e x p e n s e s ...........
2 ,8 2 1 .5 0 1
U 184 .5 4 8
,5i>ryr- >e;,',’i K ings C ounty Elevated R R .—Negotiations ar *
W et o a ru ln g s .........................
1 ,1 6 5 ,7 9 5
a)»e pending and mi.in;d bs> completed whereby the railroads
7 4 6 ,8 1 3
1 8 4 ,1 6 3
2 58
of the Kings County and Brooklyn Elevated companies O th e r In c o m e ......... ................
would be >m orated under on- management by traffic agreeG ro s s I n c o m e ..................... .
1 ,3 4 9 ,9 5 8
7 4 7 ,0 7 0
rnent nr merger on a fair basis. Thin would immediately F ix e d c h a r g e s a n d ta x e s . . . . ...2 .0 0 7 ,4 2 3
2 ,0 5 6 ,7 1 6
1319,293
r « u lt in cotuiderafila reduction in opera’ing expenses of the
S
u
r
p
lu
s
.
.
...................................
d
e
f.7
0
0
,7
5
8
7 9 0 ,3 6 3
combined companies, give better service to the traveling
public am! result in increased receipts. New capital, bow­
IT D e o re ase ,
er* r, win b> essential to enable the combine i companies to
T h e B r o o k i y a Q u e e n s C o u n t y & S u b u r b a n R R .. a l s o c o u ob-togy t!n*ir motive p >wer. so that without increasing oper- t r o l l e d o y t h e R a p i d T r a n s i t C o ., r e p o r t s a s f o l l o w s f o r t h e
,.*)isg •-. n*>--* car- could ba operated at more frequent in ter­ s i m e t w e l v e m o n t h * :
val*. winch of its**!' w -uki add m itsriallv tv earnings.
J8 9 0 ,
In c r e a s e .
1895.
/A**rjftisifi*>.*i to R u n Trains Over the B ridge. -A n to this
8
$
G
ro
s
s
e
a
r
n
in
g
s
...........................
6
1
5
,3
6
4
1 0 5 ,0 3 6
project ' be report aaya in part :
O p e ra tin g e x p e n s e s . ........ ...

D e tiO lt.....................- .................
H D e o ro a ss .—V. 63 , p. 8 3 7 .

.M o n treal S tr e e t R a ilw a y C om pany.
( R ep o rt f o r the year ended Septem ber SO, 1896.)
P re sid e n t L. J , F o rg et in th e re p o rt says :
The p ast y e a r’s business show s a n e t p rofit of $462,107, as
a g a in st $351,349 th e previous y ea r. O u t of th is a m o u n t tw o
d ividends of four p er c e n t each an d a bonus of one p e r c e n t
have been declared, a m o u n tin g in all to $360,000, th e balance
of $102,107 being added to th e su rp lu s. T he co st of o p eratin g
d u rin g th e e n tire y e a rw a s S6'43 per cent- of th e receipts, aa
com pared w ith 5l)-80 per c e n t fo r th e previous y ea r. T he
good resu lts obtained from th e conversion of th e sy ste m to
electricity are very ap p aren t.
As the rap id grow th of traffic an d th e exten sio n s of the
tra c k required ad d itio n al pow er a n d increased rolling sto ck ,
y o u r director* are now h av in g b u ilt an ad d itio n al boiler house
to supply steam to a new 2,500 horse pow er d irect-connected
eng in e and g e n erato r This will add 50 p er c e n t m ore pow er.
F ifty open m otor cars w ere co n stru cte d in th e sp rin g a n d 24
closed m otor cars are now u n d er co n stru ctio n a t th e com ptiny’s shops. The office buildings have been co m pleted a n d
have been occupied since May; th e room * n o t u sed by th e
com pany a re being re n te d to good a d v an ta g e.
T h ro u g h o u t th e y e a r th e w hole system , p o w er p la n t an d
ro llin g stock have been m ain tain ed in first-class o rd er a n d all
necessary renew al* m ade, a n d as usu al th e cost of thi* has
been charged to o p e ra tin g expenses.
The follow ing tables show th e earn io g s fo r five y ears past,
th e incom e acco u n t for th e y e a r 1895 96 a n d th e balance
gh e e t o f Sept. 8 0 ,1898 :
18 9 6 .
1895.
1894.
1892.
1893.
9
$
S
$
,265,898 1 ,1 0 2 ,7 7 8
8 1 6 ,0 9 1
B7 5B0 ,7
L 5„2
501^07
,81122
O p er. e x p n .- .. 7 1 0 ,8 0 5
665522,8
663377,6,66688
550933,0
4 6 6 ,6 4 5
,04422
71-10
P .o t. c a r e a rn * . 50-48
58-48
5 9-20
7 1-10
82*88
59-20
779-*>0
9 -(>0
,96666
N e te a r n lu R * .. 5 5 5 ,0 38 3
444499,9
2 25 58 8,4,42 23 3
115577.7.71100
9 7 ,7 6 2
10-21
N e tin c . p .o .o a p . 11-55
11-55
10-21
9 ‘6 9
8-1 7
....
9-69
8-17
P au R rx .o ar'd .S H .e o eA T l 2 5 ,8 7 7 ,7 5 8 2 0 ,5 6 9 ,0 1 3 1 7 ,1 7 7 ,9 5 2 1 1 ,6 3 1 ,3 8 6
T ru n efn rx . . ., .8 ,5 4 1 ,5 3 0 7 ,0 5 8 ,6 7 0 3 ,8 2 3 ,6 5 3 5 ,9 0 4 ,1 1 3
..............
P .« t. pan*, e a r 'd
28-57
27-28
3 3 -2 0
29-65

THE CHRONICLE.

JANUARY 9, 1897. |
INCOME) ACCOUNT TEA R 1895-96.

Dividend* 8 p. o.:
Paid May, 1896.............*160,000
Payable N o t . 4, 1896.. 160,000
Bonus 1 per cent, pay­
able N o r. 4, 189 1.........
40,000
Transferred to surplus
acot. Sept. 30, 1 8 9 6 .... 102,107
T o ta l............................... $*63,107

Incom e over and above
expenses and fixed
charges for year, e x ­
clusive of dividends
and b o n u s ..... ............... $L62,IC7

T o ta l................................$462,107

BALANCE SHEET 8BPT. 30, 1896.

A ssets—
Cost of road and equip­
ment :
Construction, etc....... $2,706,976
Equipment, e t c ......... 1,650,695
Real estate and build­
ings .............
1,111.361
S to r e s ....... ......
.......
26,141
Accounts receiv a b le...
14,971
Suspense accounts . . . .
77
Cash in h a n d ... ...........
10,572
Cash on deposit with
City of M ontreal.........
25,000

Total ____________ *5.545.793

L ia b ilitie s—
Capital s t o c k .............. .*4,000,000
Bonds, 5p.o.,M ar.l,1908 292,000
do 4 ^ p.o.,Aug. 1,1 9 2 2 681,333
Mortgages .......................
5.222
Ao’tsaad wages pay’ble
68,016
Accrued Interest...........
do tax on oar earn s..
Em ployes’ se c u r itie s...
Unclaim ed d ivid en ds...
Unredeemed tick ets__
Dividend and bonus
payable Nov. 4 ,1 8 9 6 .
Surplus ...........................

5,170
5 1,885
3,568
2,063
15,169
200,000
200,693

T o t a l............................ $5,545,793

Atlantic & Danville Railwny.

( Report for the year ending June SO, 1896J
Tbe rep o rt says in p a r t :
In th e face of the unfavorable oanditions, th e m an ag e m en t
feel th a t th ey have reason to be g ratified a t th e results a t ­
tained, w hich to a considerable e x te n t are a ttrib u ta b le to a
co ntinuance of the policy of econom y, and p a rtic u la rly to the
im proved condition of th e bridges and road b ed an d th e a c q u i­
sition of additional equipm en t. The reduction in th e w ork­
in g expenses has not been effected a t th e expense of the con­
d itio n of th e road, equipm en t, e tc .
T he expenditures upon the various im provem ents ag g reg ate
$129,001. The im provem ents projected tw o y ears ago are
now com pleted, an d the ex p en d itu re for b e tterm en ts, etc ,
w ill henceforw ard be considerably less.
The m eans a t the disposal of th e m an ag em en t are am ple —
th e c u rre n t cash assets in excess of c u rre n t liabilities b u n g
over $70,000—for the acquisition of additional equip m en t and
th e ca rry in g o u t of fu rth e r im provem ents. The advisability
of declaring a m oderate dividend upon th e preference shares
has been u n d er consideration, b u t th e view s of some of the
la rg est shareholders are th a t all earnings in excess of fixed
charges should for th e present be so utilized as to fu rth e r
solidify y o u r property, w hich policy w ill be adopted.
In tbe last rep o rt it w as stated th a t “ it is essential for the
real prosperity of the road to ex ten d it beyond its present
W estern term in u s.” I t m ay in tim e become necessary to
adopt such a course ; the present in ten tio n , how ever, is to
u n d ertak e noth in g beyond probably th e building of some
branches, if a profitable reven u e can be th ereby insured.
Statistici.—R esults for four years p ast have been as follows:
1885-96.
E a rn in g s—
$
Passenger............................ . 93,027
Freight................................. .431,765
Mail ..................................... . 16,577
M iscellaneous.................... . 27,649

1894-95.
*
91.751
413,586
16,533
16,500

1893-94.
$
87,147
363.221
16,557
19,852

1892-93.
*
110,757
428,179
14.132
23,385

T otal............................. .569,018
•
E xpenses—
Conducting transportat’n.222,967
Maintenance of way. etc. . 75,984
Maintenance of equip— . 69.479
General............................... .. 38,534
T a x e s................................... .. 22,160

538,370

486,777

576,453

221.277
94,544
46,382
5 r\o * 9
23,129

231,776
130 575
55,505
59,598
23,558

264,479
137,612
77.162
59,511
24,3*5

T otal.............................. .429,124
N et earnings....... ................139,894
Per cent exp. to earning* . 75*41

435,423
501,002
102,947 def. 14,225
80-87
102-93

563,212
13,241
97-70

INCOME ACCOUNT.

1895-96.
Nat ea rn in x ,...............................................................*139,894
Receiver's balance___ . . . ...................................................
R eceived from b ondholders'com m ittee..............................

1891-95.
$102,917
10,598
183.621

T otal........................................................................ $139,894
B e tte r m e n ts............................................................. $ .........
Interest ...................................................................... 61,900
Balance to im provem ent account......................... 77.994

*297,168
*190,615

Total.

....................*139,894

3 0 ,9 5 0

75.601
$297,166

BALANCE SHEET JU N E 30, 1896.
L ia b il iti e s .
Assets.

Preferred stock .............. $3,099,200 Road and equipm ent... $6,647,001
Common stock................ 2.180,900 Mater’ls & fuel on hand
15,321
First M. 5 p. c. bonds
1,500,000 Real estate................... .
29,607
Funds from Bondhold­
Due from ag en ts...........
20,868
ers’ Committee .........
32,017
4,139
“
U. 8. G ov't..
Interest due July 1 ___
30,950
“
indiv. Sc co's.
28,508
Other curr’t liabilities .
47,547 Bills receivable & loans
27.207
Reserve funds ............
63,357 Cash at bankers............
68,367
Reserve Improv't acot..
153,595 M iscellaneous ..... ........
8,580
262,000
First M. bonds in treas.
T otal.......................... *7,107,463
—V. 63, p. 967.

GENERAL

Total.

INVESTMENT

$7,107,463

NEW S.

R e o rg a n iz a tio n s, E tc. -Latest D itaas to Defaults, Reor­
ganization Plans, Payment of Overdue Coupons. Etc. —All
facts of this nature appearing since th e n u b lic a tiin of th e last
issues of the I nvestors’ and S treet R ailw ay S upplements
may be readily found Dy m eans of tne follow ing index. T his
in dex does not include m a tte r in to-dav’s CHRONICLE.
N ote .—Full-face figures refer to Volume G!h

81

F o r s o m e s m a l l c o m p a n ie s see i n d e x i n C h r o n ic l e o f
D e ce m b e r 26, 1896.
R a il r o a d s a n d m is c e l . C o ' s .
R a il r o a d a n d M is c e l . C o ’s (C on.)
Volumes 63 a n d 64—
Page.
V o lu m e s 63 a n d 6 4 —
Page.
A tc h .. T
. .op.
. . .&. .S a n ta F e.receiv ersh ip
.
, Omaha & St. L o u is..................coup. 4 2
case................... 879, 922, 907.1002, 4 0 Oregon Im provem ent.. .tim e lim it. 881
A tlantic & Pacific.sa/e.1157 ; reorg., 4 0
do R olstonplan, 923,1116; reorq. 969
A tla n tic Short L ine........... — sold. 4 0 Oregon S. L. & U. N ..........coup. 838, 881
A tla n ta & W est P t. .app. fo r recv>\1158
-_»-■*«•.«------do
do
.sale,
1010; reorg. 4 2
B altim ore & Ohio__ coup.793,, 967, 4 0 Peoria D ecatur & E v a n sv ... coup. 4 2
do
do . .recvrjs ct.fs. 967,1008 Phil. & C hester V al...bond s scaled. 1064
do . .L tttle's report.1009,1040,1062 Pbila. & Read
reorg.794, 838, 8 81 , 923
Bay S tate G as— recvrs.753; recurs.
do
do ....................... interest. 4 2
discharged, 837; com. 967; recvr.1008 P hil. Read. & New Eng........ reorg. 1159
B utte & Boston Mining, .sale, l i l t ;
P itts. Shenango & L. E ........ conso/,1159
reora. plan ....................................... 1158 Quincy Omaha & K. C ............. sale. 1110
Cape Fear & Yad.Yal.Oo..recur.922,1009 St. Joseph & G rand Island
sold.1159
do
do
do
do
do
2d instal.lOOi
............. sale. 4 1
Central V e rm o n t— com.1002; def. 4 1 St. Louis Chicago & St. P a u l.. com. 795
C entral W ashington............penalty 1114
do
do
do
sale.1160
C hatt. Rome & C olum bus.......sale.1114 St. Louis & San Francisco—K. C. &
Chicago & No. Pac..sold. 922; reorg. 1009
Southw estern, .deposits. 795; sale. 839
Chicago & W est Michigan ...coup . 793 St. Louis & San Francisco—K.
Cincin. Jaclc. & M ack......... sale.838,1062
C. & S o u th w e stern ...... ....... agmt. 601
do
do
plan modified. 4 1
St. L. V andalia & T. H ............ reevr. 924
Colorado M idland....................reorg.1115 St. Paul & N orthern Pacific.. reorg. 754
Columbus & Hocking C. & I. .reoro. 793 Sandusky M ansf. & N ewark., .oup.1011
do
do
4th & last instal. 968 Seaboard Ry. of A la....... — sold.1160
do
do default and recvr. 4 1 Sea.& RosLii.tran.postponed.79o, 839, 924
Columbus S o u th e rn .................. sold.1062 Summ it B ranch.............reorg. pion. 1065
D etroit L. Sc X — sold. 880; reorg. 1002 T erre H a u te Sc Indianap.recur.924,1011
D uluth T ra n sfe r....................... sale.1159 T erre H a u te & L ogansport— agm,„ 750
F t. W . & Den. City .recur, discharged. 838
do
deposits called fo r. 839.1065
do
reorg—coup, paym’ts. 1009
do
............................. forecl. 4 2
Grand Rapids & Indiana........ reorg. 75 v T erre H a u te & P eo ria............. recur. 924
Indianapolis Decat. & W .. decision. 4 1 Toledo St. Louis & K. C........ foreclo. 750
Ind. & Lake M.. deposits. 922; for eel.1009 Union Pacific, .coup. 881, 924,1011, 4 2
Jacksonville Tam pa & Key W .sale. 794
do
........ com.1011; reorg. 1066
K ansas City & Southw estern..soid.l 160
do
...
..........
~ ....... collat.
..................
tr. reo
.. rg.lllQ
„____
K entucky Sc Ind. B r...................sale.1009 U nited States Car
reorg. plan.HQO
Qtrwitt P i t t w iv s
K entucky M idland.................... sale 754,
L ittle Rock & M emphis........... sale. 880 1
oTREET RAILWAYS.
Louisville Evans. & St. L .......coup. 4 2 B urlington (la.) Electric....... forecl. 4 1
Louisv. N. A. Sc Chicago. reorg.754, 880 C hattanooga E lectric.......... control. 1114
do
do
modified plan. 922,1010 Chic. & So. Side R. T . .. reorg. plan.1158
M emphis Sc C harleston........ . c a p . 4 i Consol. St. Ry..G d. Rap.,Micli.,<tg/. 1115
M exican N ational.................... reorg. 880 1 Defiance (O.) Elec. L.& St.R y.recur.ll59
Norfolk & W estern .coup. p ur. 794, 968 Nashville S tre e t....................co7itrol.lll5
do
_do
sale o f Scioto Val. 880 P ark City Ry. (Bowling Green.

N o rth e rn P a c ific ..............n ew cur. :
Ky.)
, do ahs(racr.so/fieu;mt<je*.10l2,1017 P a .T r a c . (L a n c a s te r) ....r e c u r .969, 1011
Og- & L . C h am , reorfl.794,881, 1063, l l l « S a v a n n a h E le c tric .......................sa/e.1011
do
do
. ..tim e extended. 1010 S e a ttle C onsol. S t..............sold.1011,1064
do
coup. 4 2 S tr e a to r (111.) R y .......................recur. 970
do
O hio So .. .sale postponed, 4 2 ; def. 1010 i T a c o m a R y . & W a te r. .............. sale.1160

Ohio V alley............................sale. 4 2 ]

A ltoona tlle a rfle ld & N o rth e rn R R .— Foreclosure Sale Feb.
16.—This narro w -g au g e ro ad is ad v ertise d to be sold a t a u c ­

tion Feb 26 a t A ltoona, P a ., u n d e r foreclosure of th e m o rt­
gage of Oct. 1,1891. The P en n sy lv a n ia T ru st C a. of R eading
is the m ortgage tru ste e . The ro ad is 1 3 ^ mile3 long, e x te n d ­
ing from A ltoona n o rth w e s te rly .—V . 63, p. 601.
A m erican S p ir it s M a n u f a c tu rin g —Old Leases Void.—
A press d ispatch from C hicago, Ja n . 7, 1897, says th a t th e
U n ited S tates C ourt of A ppeals has decided th a t th e leases
m ads by the old D istilling & C attle F eeding Co. c a n n o t be
enforced an d are void.—V. 63, p. 152.
A m erican T obacco.— Dividends.—As sta te d last w eek, th is
com pany has declared a d iv id en d of 3 per c e n t on its com m on
stock payable F eb. 1, 1897. The dividends on th is stock in
189 S were as follow s: In M iy, 2 per c e n t in cash a n d 21 per
cen t in scrip; on Dae. 1, 4 per c e n t in cash, m ik in g 6 per c e n t
in cash and 20 per cen t in scrip for th e y e a r.—V. 61, p. 41.
A tch iso n T o p e k a & S a n ta F e RR.—Reinhart Case Fails.—
A t Chicago, Ja n . 6, a nolle prosequi w as en tered in th e case
of loseph W. R ein h art, ex -P resid en t of th e oom pany, charged
w ith giving reb ates on fre ig h t rate s. The G ov ern m en t failed
to prove th a t Mr. R ein h a rt k n ew a n y th in g of th e alleged
tran sactio n s.—V. 64, p. 40.
It ty S ta le G a s.—Suit Involving Buchanan Settlement.—
Lawson, W videnfeld & Co. obtained th is week an order fro m
Ju d g e Law rence, restra in in g the sale of $250,000 of th e c o m ­
pany’s capital stock an d $103,000 of its incom e bonds, w hich
were pL dged to secure a n ote fo r $50,000 m ade in co nnection
w ith the B uchanan settle m e n t of O ctober last The note a n d
securities, it is alleged, w ere delivered to R eceiver B ram an on
the condition th a t he deliver th e m to Mr. B u ch an an , th e in ­
come bondhol ler, w hs secured th e receivership of th e c >mpany, if he should c a rry o u t an ag reem en t to h iv e the receiv­
ers discharged on Oot. 31. Mr. W eidsnfeld claim s th a t the
receivers w ere not rem oved as agree l a n d th a t Mr. B ram an
w rongfully delivered this note to B uchan in in stead of cash,
and th a t th e note and securities w ere to be re tu rn e d if the
receivers w ere n o t discharged before O ct. 31. The case w ill
be heard Ja n . II . W hile Mr. B ram an it n o t in actu a l posses­
sion of th e property, he has n o t m ade his rep o rt to th e c o u rt
and th erefo re, »s we are inform ed, he has n o t been fo rm a lly
discharged.—V. 63, p. 1008.
B oston T e rm in a l Co.—Sale of Bonds —A. Boston p aper
says th a t the com pany has sold $6,000,000 of its sh o rt-term
bonds, of w hich $5,000,000 are in th e hands of investors. A n ­
oth er issue of $2,000,000, possibly long term , will be m ade in
the spring. The lim it of the issue is th e cost of th e Terminal
lees $500,000, w hich is th e capital stock. The C03t is expected
to come u n d er $10,000,000.—V. 63, p. 1114.
B ro o k ly n E lev ated BR. —Directors. —At th e a n n u al m eet­
in g on W ednesday tb e B oard of D irectors elected was th eO
sam e as last year, w ith th e exception th a t H enrv W . P ti'n a m ,
J r ., tak es th e place m ade v acan t by th e resig n atio n of E lb ert
Snedeker. The board is as follow s: E rn st T halm ann, E dw ard
L au terb ach , L eonard Lew isohn, Sim on R othschild, Jaco b
Scholle, H enry Sidenberg, H enry W . P utnam , Sim on U hlm ann, G e irg e W . W in g ate, E lisha Dyer, J r ., W in. H ills,
J r ., E m il Schaefer. The a n n u al rep o rt is given in ano th er
colum n.—V. 63, p. 356.
C a ro lin a C u m b e rla n d G ap & C o le ig o R y,— C a ro lin a &
C u m b e rla n d G ap Ry. — R e o r g a n i z e d C o m p a n y . —The Carolina

82

1HE

CHRONICLE.

GumtwrUxd U*p * Cbie«CO Ry. h»« been bought by the C*roiiu* * Cwtatvf >*nd G *p Ry., ant! »inct* January l, 1897, h»*
btsso • i«rai^-: trad f t uiat a n a * .—V. 63, p. 1176,
G M trat «f W*urgl# Ry — ttd d ie G eorgia * A tlan tic Rjrt t l »! I —Tit* Central of Georgia R r. Co too*
J»n J of i>.» M>14te Georgia A A '.U oti’ R r.,
which «M t urvha*-il at private »al<* on or about D -c. 35.
Th« n«w aeottlRM -a ex •« id* front M lie Igevltle, G t . to Cor
tcgtoo, U •>
s. O i Jan u ary 3 the stockholder* of the
f G cft»* touftnued the punehas % wbioh was made
!., j»f, » je tu Comer. It tr aid the Centre 1 paid $9,000 a mile
for the B*M|»wr*y, i>ut (h it i« not confirmed.
- '.re.-: - : Kte —.VI* t at the meetiait Ja n . 5 the stockfetdder* -.luarum >i t* r odrtn *.t the app liotm m t of Mr. 0. W.
H ti.ita* of S r* York »«Controller of the svatem and adopted
the n tr r : J n :'" t to the charter increasing the directors from
thirteen to !.<■■.-n. Th .**« elected were President S imu-l
Syer.cez of the Southern Railway and Mr. A. R. Lawton, J r .—
63. p. 1160.
Central Ohto RR — B a ltim o re* Ohio RR .-Conference as
tv Jf. -.rj j Due. At Baltimore Jan. 4 a committee of the
director* of the C-ntral Ohio appointed for the purpose had
a confer*: re with the receiver* of the Baltimore & Ohio RR
Co, regarding the rnonevs (said to aggregate $75 ),000)
which are due the Ceniral Ohio under it* lease. The directors
it i* stated w e r e
d with the explanation given them by
t i e receivers. Under the order* of court the earnings of
the Central Ohio it i* stated are being applied to the payrct n t of it* operating expenses and the interest on its bonds,
and any surplus remaining thereafter will be turned over to
the officer* of the Central Ohio. For the tim e being the lease
of the road is susp-mded, the receiver* not being allowed to
pay the rental for the road from money earned on o’her
portion* of the B 3t O, system.—V. 63, p. 1007; V. 64, p, 40.
C en tral RR. of V erm ont .—Default Jan. 1.—As expected,
the coupons due Jan. 1. 18-17, on the $7,000,000 first mortgage
bonds o f t h e G <n*oli<iat*'d R R. o ' Vermont went to default.
Is i« reported from Boston that the Bondholders’ Committee
now represent* |3 650,000 of these bonds, or a m ajority of the
17,(00,000 issue —V, 64, p. 41.
Chattanooga Rome * Co him has R R. - Reorganization Noficr.—Simon Borg A Co., committee, notified holders of the
fir*: mortgage 5s early this week th a t those desiring to partic)pat* in the purchase of the property should deposit their
f o r ds with the Centra! Trust Co, of New York on or before
the seventh day of January, 1897, after which date no bonds
would be received on deposit.—V, 63, p. 1114,
Chester County C e n tral E lectric R j.—Mortgage fo r
${<>0 000 Filed. —This company has filed a mortgage for
$600,(M>J to tb** Fidelity Insurance Trust & Safe Deposit Com­
pany of Philadelphia, a* trustee, to secure 5 per cent gold
bends. Over $106,600 of the bonds.it is stated, have been
s l J and construction will be commenced in a short time. The
lice is to extend from Pniladelphia to West Cheater, 23 miles.
C incinnati H am ilton & Dayton T ractio n Co.—Cincln
Bfltl H am ilton A Dayton Ry.—Electric Lines fo r a Steam
Road.—The Cincinnati Hamilton & Dayton Traotion Co. has
been inc rpqrated at Columbus to build and operate rapid
tr a m tlir e s in connection with the Cincinnati Hamilton &
Day'on Railway The incorporators of the new cotnoany
arc D. G. Edward*. C. G. Waldo, George R. Balch, R. P.
Rifcrdx rick and C. A, Wilson, They are all in the employ
of the C. H. & D. Ry. Co.
As explaining this move, the following special dispatoh to
the Cincinnati •* Commercial T ribune” from Middletown,
Ohio, under date of Nov. 19, 1896, is quoted :
C * r ’a l - R p. R -feiiberi.-a. o f t h e O. H , A D. R a ilw a y , to -d a y cnnuum W*u<3 a d -* I w ith F. It, O ougtan* w b e re b y t h e M id d le to w n A M d U n n
R r Co p » .-e * in to h is p o sse ssio n a* tr u s te e fo r th e 0 . B . 4 B .
C #) '- i n H if-ri - ru i e- t --s t h t r th e C. 0 , A D. p ro p o se s o p e ra tin g an
e ecsrte - c l o s a r tli» p re s e n t lin e o f th e C in c in n a ti & D a y to n RR , a
t a e l : b ra n c h o f tb « C. B . A O ., c o n o eo tlo K M id d leto w n am t
»nd n e ed * th e M. A M. m a n *0] it n o t th e re to .
I t s , <* j.ts!n H ife o lw rtrk o o n te s d t, Win e n a b le th e C. H , 4
I , if. ta k e p s s te i s.-e.» f o a th e c e n tr e o f M id d le to w n to H a m ilto n by
e le c tr ic -o u t. H e iu r ih e r s is ie s t h a t th e G. H . A t>. p ro p o se s e x le n d te * SB e ie e tr le I r e h r o u r h lo C lc c itm a l! in a s h o r t w hile, T h is w ill
he d o r,r so o u te r to see. t th e c o m p e titio n t h a t s te m * to be co m in g ,
s r d a t a u se* :,. „ f »elf i>re«r"V*Uoo, a s h e p u ts it. H e e x p la in s t h a t
w ilt, »D * e c irie lin e th e )., u a 0 . c a n c o m p e te w ith t b s Mi u n i V a l­
ley T ra c tio n Co, w ith o u t f i r n l . h i o r p a « « 6 n g er a g e n ts o f o th e r lin e s a
t«*i» f,-r *<-r, o , * u t o f tr a n s p o r ta tio n a o s o n n u d e tr im e n ta l to th e O.

H A H , tetersaU.
1» i« thought the dectric line into Cincinnati will be addi­
tional to the main tracks of the C, H. & D., which are aleadv
crowded,—V. 63, p. $04.
C incinnati Jackson & M acldasw Ry.—Sold in foreclosure.
—This road was purchased at foreclosure Jan, 5 for $1,000,000
by Calvin 8, Bnc*. representing the Reorganization Com­
mittee,—Y, 64, p. 41,
Commercial Cable ,—Mortgage Filed .—The company has
filed a roortgega on alt im properly.including the Postal Tele|tr»ph Co., to m cure the $20,000,000 bond* recently described
in these oolum nt.—V, 64, p. 41.
( OHaolldstlon Coal.—J7ond« Subscribed.—President C. K.
Lord report* th a t the new 4>{ per ct»nt bonds issued to take
up the 6 jwr cent# on Jan, i were largely over-subscribed at
par.—V, 68, p, 1(62,
ConM aealal M atch,—N ational Match. —Factories Pur(based. —A pres* dispatch from Camden, N, J ., Dec. 30, aays
th at two of Camden’s three match factories have obanged

[Vot. LXTV,

hands. Henceforth the K eynote Match Company will be
operated by the Continental Match Company, and the N ew
Jersey Match Company by a syndicate to be called the N a­
tional Match Company. Both factories have been idle for th e
past two years.
D e la w a re A H udson C a n a l.—Dividend fo r 1S97 Reduced to
B Per Cent.—The direotors on Wednesday voteo to reduce the

dividend* to be paid this year from 7 per ce n t p e r an n u m ,
w hich has beeat he rate since 1889, to 5 per cent, W hile the
company has a large surplus from the operations of previous
years, it was decided not to draw upon it in order to m aintain
dividends a t the old rate.—V. 63, p 4S0.
D tr o it E le ctric R f.-D iY r >tt C ltiz m s’ S tre e t R y.—F o rt
W ayne A Belle Isle ‘R r. —Parch ise o f Securities.—Most of
the stock and bonds of the Fort W lyne & Balls Isle Iiy., it is
announced, have been purchased by 1’om L. J o h n s m a u d
Albert Pack, in the interest of the Detroit Citizens' Street Ry.
and Detroit El> ctric Ry., of which companies ttwy are respec­
tively the presidents. Tne purchase price is said ia the d tily
press to be about $1,100,000.—V. 62, p. 635 ; V. 63, p. 116, 922.
D etroit G rand R apids & W estern RR .—D e tro it L ansing
& N o rth ern R R .—Reorganized Company. —The reorganized
company, the Detroit Grand Rapids & W estern, on Ja n u ­
ary 1 took possession of the former D etroit Lansing &
N 'rth e rn RR , Saginaw & W estern RR , Saginaw Valley
& St. Lmiia RR , Grand Rapids Lansing & D etroit RR , Sag­
inaw & Grand Rapids RR. Its officers are Charles M. Heald,
President and G- neral Manager, office, Grand Rapids, Mich ;
E. V. R Thayer, Vice-President. Charles Merriaui, Secretary
and Treasurer, offices, Boston, Mass, The new securities will
be ready about Feb. 15, 1897.—V. 63, p. 1062.
F o r t W orth & D enver City R R .—Officers Fleeted.— A t a
m eeting of th e directors recently in F o rt W orth, Tex., K. M.
V an Z an d t resigned as a direotcr and Morgan Jones was
elected in his stead. The officers elected are : G. M. Dodge
of New Y ork, P re sid en t; Morgan Jones, V ice-President; K .
M Van Zandt, Treasurer, and George Strong, Secretary, all
of F o rt W orth. Morgan JoneB is General Manager and J . V,
Goode General Superintendent—V. 63, p. 1068.
G eorgia & A labam a R y.—Merger o f Columbus Southern
—New Bonds.—As already stated in this column the Columbus
A Southern RR. from Columbus, G a ,,to A lbany, Ga,, has
been merged w ith the Georgia & Alabama Ry,, the m erger
being completely effective on Dec. 31 at m idnight, since w hen
the Columbus & Southern RR. has lost its identity by con­
solidation w ith the Georgia & A labam a Ry. T hat portion of
the Columbus & Southern RR. extending from RichlaDd to
Colun bus will hereafter be know n as the Columbus Division
of the G. & A. Ry. and th a t portion from Richland to Albany
as the A lbany Division, The Georgia & Alabama Ry. will
extend its first mortgage over the new ly acquired property,
issuing first mortgage preference bonds a t the rate of $6,500
par mile and first mortgage consolidated bonds a t the rate of
$9,000 per mile. Some of these bonds have been sold by th e
company to pay for the Columbus Southern property, b ut the
m ajority of them will be turned into the com pany’s treasury
as treasury assets.—V, 63, p. 1063.
G etty sb u rg & IL irrisb n rr Ry.—Reorganization. — This
eom oany is successor of the G ettysburg & H irrivhurg Rail­
road, wnose line extended from Carlisle, P a., to R >u id T ip,
Pa, The company is operated as a separate organization
bu*. in close connection with the P hilaielohiu & R -a ling, its
officers being Jos. S. Harris, President; W R. Tavl >r, Secre­
tary; W. A. Church, Treasurer; Daniel Jones, G rm otr Jls r.
G loucester Essex & B everley S tre e t Ry.—2Yet» Mortgage.—
This com pany has made a mortgage to the A m erican Loan iS;
Trust Co. of Boston, as trustee, to secure $125,000 of 5 p e rc e n t
gold bonds.
Greenw ood A nderson & W estern Rv.—South C a ro lin a
M idland RR.— Temporary Receivers Appointed.—A t Cnarleston, S. C„ Ja n 5, in the United States Circuit Court. Ju d g e
Simonton issued an order appointing Mike Brown a ad T. B.
Lee temporary receivers of these companies. The order is
made returnable on Feb. 1.—V. 63, p. 1115.
Iow a W ater Co.—Consols Subject to Penalty after Jan. 15.—
Of the $349,000 consols outstanding. $393,000 have been d e­
posited with the Farm ers Loan & Trust Co,, pursuant to the
bondholders’ agreement, The foreclosure case has been
argued and early m Jan u ary a decree of foreclosure and sale
is expected. After Jan , 15 no bonds will be received exoept
upon a deposit for expenses of $50 per bond.
K e n tu c k y & I n d ia n a B rid g e.—Foreclosure Decree E n­
tered,—The decree of sale in conformation with the rulings
of Judge B arr has been form ally entered in th e United S ta te s
Court. The demu rrer of W. T, G rant and others concern­
ing about $300,000 first mortgage bonds was subm itted. T he
upset price is fixed at $700,000, suojact to the first m ortgage
of $1,000,000, which the purchisers m ust assume. The first
mortgage has a lien on the entire structure w ith the e x c e p ­
tion of a small piece of property over which the mortgage to
the Columbia Trust Company is given priority. T n eaecm d
mortgage bondholder# have a second mortgage on the bridge
and a third mortgage on the term inals, and th e term inal
bondholders have a second mortgage on the term inals.—V.
63, p. 1000.
K entucky M idland.—Sold in Foreclosure.—This prooerty
was sold under foreclosure a t Frankfort, K y,, Jan. 4, for
$150,000 (the upset price and the only bid) to Actilla Cox,

January 9, 1817

THE CHRONICLE.

88

representing, it is said, tbs Columbia Finance & Trust Co. of
Louisville, waioh is acting na behalf of the creditors. Col Cox
is quoted as saving that a meeting of the bondholders will be
held in about two weeks to consider reorganization. The
road extends from Frankfort to Paris, Ky., 10 mile3, and for
the year ending June 30. 1895, had gross earnings of $55,915;
net 13,241.—V. 63, p. 754.
Kings County E leyatol RR.—Brooklyn Elevated RR.
— Default.—Negotiations for Merger. —Default occurred Jan.
1. 1897, on the first mortgage bonds of the Kings County
Elevated RR, The default was expected, the road being in
receiver’s hands.
The report of the Brooklyn Elevated RR., issued this
week, says: “Negotiations are pending and should be com ­
pleted whereby the railroads of the Kings County and
Brooklyn Elevated companies would be operated under one
management by traffic agreement or merger, on a fair basis.
This wou'd immediately result in considerable reduction in
operating expenses of the combined comoanies, give better
service to the traveling public and result in increised receipts.
New capital, however, will be essential to enable the com­
bined companies to change their motive power, so that with­
out increasing operating expenses cars could be operated at
more frequent intervals, which of itself would add materially
to earnings.”
Notice to Bondholders.—August Belmont, Wm. A. Read
and Walter G. Oakman inform holders of Kings County Ele­
vated RR. Co. first mortgage bonds and Fulton Elevated RR.
Co. first mortgage bonds that, at the request of holders of a
large amount of above bonds, they have consented to act as a
committee for the protection of their interests. Bondholders
are requested to send to any member of the committee their
names and addresses and the amount of their holdings, in
order to be duly advised of any action that may be taken
looking to their protection.—V. 63, p. 754.
Kings C o u n ty T ra c tio n Co.—First Dividend.—This com­
pany, which, as successor to the Brooklyn Traction Co., is
owner of the stock of the Atlantic Avenue RR. (leased to the
N assau Electric RR. Co ), has declared its first dividend,
namely, 1 ner cent, pavable at the Central Trust Co. of New
York on Jan. 25.—V. 62, p. 820.
L eh ig h SC H udson River Ry.—New General McrNgage.—
The stockholders will vote Jan. 13 on the proposition to sell
1500,000 general mortgage bonds to pay the floating debt and
other indebtedness.—V. 63, p. 1011.

The plan proposed for the oompauy Is to oonstruot a tunnel
from the iunotlon of Flatbush and AtUntto avenues, Brooklyn, to New
York City, where the surface entcanos Is to oe at the o >rner of Church
and Oortlaudt streets At H alloa b ia s and P u -I Street. o vimoM ia
is oroDosed with the Manhattan Elevated RR. system by means of an
elevator. The tunnel is to p u s under the East River and nu ler Ful­
ton Street, Brooklyn. with a s t a d ia near the Brooklyn H r Bad, ter­
minating with a snrfaoe entrance at the bong Island RR station at
Flatbueh and Atlantlo avsnues. A com pany has been organized to
build ibe tnanel.
A donble traok surfaoe trolley line to he b u ilt on Atlantlo Avenue
from -'latbush Avenue toJEast New York for the aooom m olatlon of
looal travel.

The Lone Island Bank directors b a r e declared a dividend of 60 per
eent payable on Jan. 5. ThU bank sin ee It decided to wind up Its
affaire has paid out about 61,250.000 to depositors. Tbe dividends
will amount to $ 2 io ,0 0 0 . Borne tim e during tbe n ext three months
anntber dividend will be paid aad stockholders will eventually receive
considerably more than par for their holdings. Crowell B ad d sn is
President of the bank.—V. 63, p. 269.

The New York term inal will be In a building to be erented for the
purpose at the oorner of Anu Street and Park Row. The Brooklyn
terminal will be on the west side of Furman Street, probably opposite
Fulton Street. The oompanv ha* been unable to get a franohise from
the Brooklyn Aldermen, and that wliioh It holds fro n the New York
Board only gives rights as far as the Brooklyn water front. The
tunnel will be entirely in rook, the m aximum grade at the New York
end being 4 per oent and at the Brooklyn end 4 19 per oent. The con­
tract has been given to the Ootumbla Construction lo , of whloh Mr.
Frederick B. Esler Is President Borings will bn begun within a few
days to determine accurately the conditions of the river bottom. It Is
expaoted that the eleotrio surf toe roads of Brooklyn will run through
to New York without transferring the passengers. It is hoped to have
tbe tunnel la operation by Jan. 1 ,1 8 9 8 .—V. 63, p. 794.

New York & Long Island Bridge.—The b u ild in g of th e
bridge a t Long Islan d C ity, it is seated, w ill be d e ferred u n til
the above plans can b» carried o u t. R ep resen tativ e M oCorm iok has th erefo re in tro d u ced a bill at W ashington to e x te n d
th e tim e for th e com pletion of th e bridge u a til Ja n . 1, 1903.
—V. 64, p. 42.
M ah o n in g T a lle y E le c tric R y., Y o u n g sto w n , 0 . — New
Mortgage.—This com pany, o f Y ou n g sto w n . O , has m ade a
m ortgage for $1,2)0,000 to th e C en tral T rust C im p an y of
New Y ork, as trustee, to provide for re fu o d ia g a n d th e
m aking of extensive im p ro v em en ts on th e lines th ro u g h th a t
city an d ex ten d in g to N iles.
Tne co m p an y was fo rm ed
Dec. 1 by th e consolidation of th e Y oungstow n S tre e t Ry.
and the M ahoning V alley R y.—N. 63, p. 931.
M a n h a tta n R y .—Dividend Suit Denied.—A tto rn ey -G en eral
H ancock on S atu rd ay refused th e p etition of M ortim er H e n ­
dricks, w ho asked th a t th e A ttorney-G eneral oring an actio n
in the nam e of the people of th e S tate of New Y o rk to rem ove
th e directors of th e M an h attan R ailw ay C om pany an d to com ­
pel th em to pay back to th e com pany dividends p aid o u t in
1895 a n d 1896, w hich, he alleges, w ere illegally p aid ,—V. 64,
p. 42.
M em phis Sc C h a rle s to n R R .— Foreclosure Proceedings.—
The h earing in th e foreclosure su it cam e up last week a t N ash­
ville. Counsel w ere directed to su b m it briefs.—V. 64, p. 42.
New O rle a n s SCS o u th e rn B R .—Sale Confirmed.—The sale
of this road to E. A. H ipkins has been confirm ed by th e F e d ­
eral C ourt a t N ew O rleans, L a., an d th e road w ill be tr a n s ­
ferred to the p u rch aser upon th e ex p iratio n of th e lease to
the New O rleans & W estern in F eb ru ary . The rooeiver, it is
•taced, is ordered to com plete the tea rin g up of th e 20 m iles of
tra c k from B elaire to B ohem ia a n d deposit th e rails a t P oydraa Ju n c tio n ,— V, 63, p. 880.
New Y ork & B ro o k ly n Rid.—Progress of Plan for East
River Tunnel—The S tate R ailroad C om m issioners h a v in g
L ong Is la n d B a n k .—Sixty Per Cent Dividend from As­ given th e ir consent to th e co n stru ctio n of th e tu n n el, th e
follow ing facts as to th e statu s of th e en terp rise a re p e rtin e n t:
sets.—The Brooklyn “ Eagle” says :

Long Is la n d RR.—Sale of Control—Negotiations were
concluded Thursday for the sale of the $3,000,000 stock belong­
ing to the Corbin estate to a syndicate. The price paid is
reported as between 40 and 45. The stock purchased, together
with the $3,500,000 owned by Mr. Pratt, givts an absolute ma­
jority of tb“ $12,000,000 of c ipital stock.
George W. Young, Presidsnt of the United States Mort­
gage & Trust Co., has given the following facts to the Nsw
York News Bureau:
“The Corbin interest has been purchased by the United
States Mortgage & Trust Co. for the account of a syndicate
which will ret in conjunction with Mr, Pratt in the future
development of the interests of the railroad. Among the
members of the syndicate are August Belmont, William A.
Read, of Vermilye & Co.; Brown Bros. & Co., Charles D.
Dickey, Jr.. Theodore A. Haveaaeyer, Strong, Siurgis & Co.,
KeBsler & Co., Frederic G. Bourne, George F. Baker, and
others.
“ The syndicate, in co-operating with the Pratt interest in
the development and improvementof the proper y as it now
exists, will also take prompt steps towards providing more
satisfactory New York and Browhlyn terminal facilities. In
the formation of the syndicate especial care has been taken
to select members who are experienced in the management
of railroad properties, and who, at the same time, as residents
or property owners, are interested in the future development
of Long Island.”
Rapid Transit into New York City.—The company haB ex­
tensive plans for furnishing rapid transit direct from New
York City to all points east of Jamaica, covering the dis
tance fr m New York to Jamaica in twenty minutes. Elec­
tricity for motive power and a r adway partly elevated and
partly tunnel are to be utilized between the two poin’s
named. The object of the plan is to extend the company’s
aone of heavy business to a distance outside the reach of
trolley competition.
Tbe report of the Atlantic Avenue Commission embodies
the following plan, which has received “the practical ac­
ceptance” of the company, provided the city will bear its
share of the expense as to the Atlantic Avenue improvement:
Tbe Long Is'aDd RR. thall build a subway eastward from
Flatbush Avenue to Bedford and Nostrand Avenues, whence an eievaied way will be bul t ' • Howard Avenue; from there an under­
ground section 1* pro,,,.aed, conduct to the surfsoe at East New York.
From E ast New York an elevated section will be built to Atkins A ve.,
from which point the present surface traoks of the road are to be
nsed.

N o rw ich SC W o rc e ste r R R .—New E n g la n d R R .—A m ended
Leas .—New Securities.— A t th e a n n u a l m eeting J a n . 13 th e
stockholders of th e N orwich & W orcester will a c t on a n
am ended lease to th e N ew E ngland RR., a n d on propositions
to issue stock or bonds in o rd er to re tire $400,000 6 per c e n t
bonds due March 1, 1897, and to pay th e floating d eb t of th e
railroad; also th a t of th e N orw ich & New Y ork T ran sp o rtatio n
Co.; and lo build an extension from A llyn’s P o in t to G roton,
C t., about 6J^ miles Tbe am ended lease provides, it is said,
th a t the lessee shall operate th e p ro p erty in place of th e
lessor, an d th a t th e divi len d s shall be p a ii q u a rte rly in stead
of h alf vearly a t the sam e ra te p sr a n n u m as now , o r 8 per
ce n t.—V. 63, p. 968.
N o rth e r n P acific R y.—Old Securities Struck from List .—
The New Y ork Stock E xchange .has stru c k from its list th e
follow ing securities, all of w hich have been superseded
by securities of th e new com oany ; The ,T. P. Morgan & Go.
certificates of deposits fo r com m on and p refe rre d stock fo r
tbe general first m ortgage 6s, general second m ortgage 6s an d
th e collateral tru s t notes.
Payment on Duluth & Manitoba Certificates.—The G u ar­
an ty T ru st C om pany began paying on J a n . 4 to th e holders
of the tru s t certificates for D uluth & M anitoba RR. 1st m o rt­
gage bonds, M innesota Division, the sum of $22 74 w ith re ­
spect to each $1,000 bond represented by s u c i certificate,
b e iD g six m onths’ in te re st a t 5 per cen t less tb e p ro portional
rebate of in terest on th e ten p sr c e n tu m p a ii in cash on a c ­
co u n t of th e p u rchase price of tb e bonds.
Lands Under Old Preferred Stock.—As a lread y stated in
the C h r o n ic l e (V. 63, p. 107n),the new com pany has all along
had in view th e tak in g of th e necessary legal m easures to
acquire title to th e lands covered by th e old com pany’s pre­
ferred stock, and to m ake them su b je c t to its m ortgages, these
lands no t h aving been included in tbe foreclosure sale. This
week, accordingly, the N orth ern Pacific R ailw ay Co. as bolder
of deficiency ju d g m en ts a n d of 95 per c e n t of th e preferred
shares filed claim s a t M ilwaukee upon th e lands in o rd e r to
secure possession.—V . 63, p. 1116.
O hio S o n th e rn R R .— Notice to Bondholders.— Receivers'
Certificates.—The first m ortgage bondholders’ com m ittee is

lefotmt*) ti»*pp!s< ui.m l»
to be made to the Court for
Mth->ritr to
t» ;> • r»’.-m ill -ate*.winch shall rank ahead
of tt-.v fit at taurgagfl. rt»<* eontmitl **. therefore, urges bouuholder* who have not a»r»'»*ly <top sited their bonds with the
Central Tr,i«*. •."■*ini»»tiv under tit • agfc-- mem to do so at once,
ft. rw!-*«ut>will be co aaoene-' 1 iu owe the ooa*
p ,.,, at D • »•»W f, V*u»5. do* i» default, are not f»»ii within
the tre a t m i tint.*, that is before March 1, 1897. The time for
i H „ u <4 bands Is Itnuu* I to J s « . 3 1, after which no bonds
will ijm totctsrdtx-.-etrt ost term s to be fixed later by the com ­
mittee.~V’, (I, p. 17.
Oregon fly. k H tr lf a ii n a —.friikfct# fS tn d P aym ent * —Of
t t ; r tir* t m o n g a g e 6* t i t s

P s to ttu *

b o iD

A

T ru st C o.

has

| t t « a ? ’ *l! “ tor r- !< •!>).t*. m at p ir. and ha* s c r e p N otters
for |Si ,i.o » at lift far the sinking fund.—V, 83, p, 988.
l)m*«u S h o rt U n« ft U tah N orthern Railw ay Cu.-G ’owpon
P a ym en t -—The c a p o n s due Jfta. 1, 1097, $35 each, from
Utah A N orthern first tuort***«.*, wore paid Jan. 0. 1807. Ht
t»... r ,i n Trtts: C.» or a*, the «fiW of -fames (J. Harris,
No, v i Ames Building, R.wton.—V. fit, p. -IS.
Owri.stK.ro l /.11h ..f Rough A G reen H ire r RR.—|\>regfurtir,* Siifc —This stle is ad r-rtised for April 9 at Owenst v * -. K- titocky. —V , 8 3 , p. 1801 ■
P h ilad e lp h ia Reading A New K ruland RR .—Ratorgm izaIton .Vi-!i,v, - r >4 commit'.*!-*. eousUtlag f,f John 8 Wilson,
J o h n S t U - r . W iia-M W t l . J u n k s , J o w s p t M io n * . J r . a n d H i r r y

A ft rw it.d, I n n i i j I * nftto • a t 841, Bullitt B til ling, PdiU-

delobit. g ifts -.he fallowing noticetfc .n - - K
U t.-r t
TnK t !- !

tin

[VOL. LXXV,

THE CHRONJOLE.

64

d s ’eil D ee. 2 3 , 1*95, hMWWtu HiU OnmmlitOB
r
1
A i.«. n i l . A f r . n n * **.f t* u 1-m .. s
r e f fir«t mer-gag** b a n d s have b e e n a A o s l t b l w ith th e
-aioiur
t i * l a c s - .g o t <1- p o s itin g b o n d h o ld e r# belli Deo. 19,
- ■: : a ■*•»

S ' l - a T Y a i Li

f •<f a t J rOOlOSI 1I'd Of t Ii8

tk.- Kansas City Plttsbttrg & Gulf, shortly to be completed
to the Gulf of M-.-xic’. See maps of the K ansas City &
Norther® Connecting and the K ansas City P ittsb u rg & Gulf
road*i in the in y *.*r >r s ’ Bo p p u v m t and official sta te m en t
In V. 03, p, m o . — V. 63, p. 1159: V. f l . p. 13.
R a llrn a l BoU dl.i.' In 1890.—.Yew Mileage B u ilt.—T h e
new constructi >n during 1893. as reported by*the •* Railway
Age" and th * “ Railroad G az-tte," is as follows :
U R . O ast,
v-tfy, A
-«». 4 #,***» i t n . U rn , Bum,
Line*.
N i«
M ih
StM**.
LUut.
urn*
86 MiMourl.
12
16
at
. «
83
60
Monlans ... ... 1
66
Ark»tjjt%i, .. ,, 5
m
177
Jersey
4
11
8
CtUtfornti*.,,
im
n
12 N’.or Y ork. . . . . . 5
S3
33
96
Co io rA d a. ..... 4
8
41
29
North O troUfia 5
$
Oftuware. .... 1
CO NotUi OftkotH,. 1
28
Elorttlm. . . . . . . . .

7

GdGmla.. .. . ... 14

...... i
tudlitna
.... 5
iidSiiri T o r . . , . . , a
lo w s ------ l
K Sanaa.......... i
Kentueicy
.. s
I.iHilalRus ...... 6
irn n th

Maine . .. . ..... &
M a r r to tl......
t
MA8*!H’hW*«ttS- . .
Mlelilgsn. . . . . . . U
MianesGtft . . . . . 6
i l l «i!ss! pt’>-

s

79
VS

fcu
17
03
h
1

16
151
32
37
H«
53

73
68
17
05
8
m

Ohio. ...
.. 6
Oklahoma Tor. 3
Oregon,.... .... 3
Pennsylvania... 15
South Carolina, l
T e im a sa e a . . . . 3

Tovas........... 8

1*0 U ta h
19 V erm ont.. — .*

Ttrjfinlft ......
1 W ash in g to n ....
143 W est V irginia..
40 W isc o n sin ......

’ n

m

27

13
(K)
11
28

s

1
8

3

14

1
u

4

9

7

if

363

1,803

m

T otals in 3S S tates and territo ries
- V . 69, p> 166.

2a
64

63
27
5
71
11
20
79
88
3
19
10
25
73

1,693

Rapid T ra n sit iu New York City.— The R ipid Trinsit:
ComnitsBtonerB have held public hearing* this week regarding
the new ro u t- adopted provisionally a t their meeting D -c. 31.
The new route is as follows :
A tw o tru c k u n d e r g r o u n d ro a d fro m S o u t l i P o r r y a l o n g B r o a f l t v a y
timl P a rk R o w m C itato bore s tr e e t . A fo n r - tr a o k u n d e r u r o u n d ro a d
fro m C h r ia b o —! t t r o a t iiP iuv t?tm s tr e e t , F o u r th a v e n u e , F o rtv -s o e o n d
s tru o t, B ro a d w a y a n d th * B o u le v a r d . t> O n e H u n d re d a n d F o n rU i
s tr e e t . A tw o -tru n k r o a d fro m O ne H u n d re d m l F o u r th rf reftt. r u n n tn v n o r th e r ly n loin: th e B o u le v a rd . E le v e n th a v e n u e , E lw o o d s t r e e t ,
a n t B ro a d w a y to a o o tn U n K io v e n rlily e n o r th of th e H a rta m R iv e r,
th e ro a d to he' u n d o re ro u a d a x o e o t a o ro s s tile M a n ti a tta a v a ile y a n d
th e i l i r l e n R iv e r, w h ic h w ilt Ik - b rid g e d b y th e ro a d .
A tw o - tr a o f c r o a d f r m n 1 0 t ' h S tr e e t, ru n n tu sc n o r t h e a s t e r l y u n d e r
p r iv a te p ro p e r ty , t» M h S tr e e t a n d C e n tr a l P a r k to L e n o x A v y u n e ,
a n d th e n n o rth e rly a lo n g L e n o x A v e n u e to th e n o r th s id e o f th e H a r ­
le m R iv e r, a n d th e n to B e a t P a r t , t h e ro id to b e n o d e r f r m t- id , w ith
a tu n n e l u n d e r ta o H a - em Ri to r, to a p r i n t e a s t o f T h i r d A v e n u e ,
b e y o o d w h ic h th e r e w ill b e a a e le v a te d ro a d .
L oops w ill b e c o n s tr u c te d a t S o n tu F e r r y a n d i n C ity H a ll P a r k ,
u n d e rg ro u n d .

[
fly ft. o«»« » sste f>t the bead* eontd not l»- made within a slier*
tifgs a ' #f c tof r prtr.. The commOt'-o favfle ali hold srs of bra ti
m oftm si' iKK-d* i« *«•;.-.*u their bonds itOBSsdtatolv with tin Girard
1 ,?r
:r
. Mir.. ,t trust Co., for wbtefc Its negotiable reeelot*
will h i is su e d . -V . C3. p. 1 i.'iS.
Pttietm rir & We ste rn RR.—P rovision fo r Oar 1 rusts —
Hereiv, r King has nu d e an arrangem ent wHh rhe Finioce
Company of Pniladelphia h r which the car trust payments
arc extended .ver a s tries of years. The am ount of the Pitts­
burg v W -i-ra ear trusts was given ia March, 1896, as
1377,485— V. 63, p. 1011.
S om ething less th a n $33,009,000, it is said, w ould b u ild th s
Q sU ey Omaha Se K m i u City R y.—Omaha & St. Goals to a d .—V . 63, p. 1116.
R R .— mall * KAlt's* C ity A B aatern R f .- l t - o R eading Company,—P h ila d e lp h ia & R ead in g R y ,—
Pla n - Lea it, —A * s iitrd in the CURONIOLR of D c 23,1896, C harter Upheld —A ttorney G eneral McCormick, of P ennsyl­
p. 1153. the .non-pr<>femd bondholders of the Quincy O naha vania, on Jan . 2, rendered an opinion confirm ing the validity
.
i v R r. aro r quer.i-i to dap - v ihoir not lings of the charter of “ the Reading Com pany.” The opinion re ­
w ith tin' G jaraniy Trust Co. of this city, subj >ot to the terms cites fully th e history of the charter, w hich was granted by
of its-' .cnvii-U-d a f r w m w of Nov 19, 1898. reoeiring on- an act approved May 24, 1871, to the Excelsior Enterprise Co.
gmToi ccrtillcwes therefor and “ the paym ent of the first 1’he Excelsior Co. changed its nam e March 81, 1873, to the
year’s j -it- r ~t ua ier the propnsrd isnse ”
National Company and the latter its nam e on Nov. 9, 1896,
Th» agrt-emeut am ending th a t of May 26. 1802, was adopted to “ the Reading Com pany.”
as of Nov. 10, 1896, at a tin -ting of the bondholders on Die.
The m inutes of the meetings are quoted, showing the busi­
2. but it* terms have so- heretofore been published. They are ness done in their early days. For instance, ia 1893, the
cunt it,-. >1 in the pamphlet waned under date of Sept, 13. 1898, Excelsior Enterprise Company (or its successor, the N ational
by the t ondholder*’ committee, con-sis ing of-Charles H Bali Co ), purchased the caoitai stock of the N ational Railw ay
and W ard W, Jacobs. The Hm«ndment authoria -d the carry- [now th e Delaware A Bound Brook RR 1, agreed to g uaran­
ing out of n contract of «tl« and lease with a syndicate repce- tee its bonds, as also those of the PaiVadeIplm'& Y ardleyvilla
•euted by diliuon, H m & Co., of this city, Mr. Oilman having RR,, and made contracts for the construction of their roads.
resigned fr*.m the oam mlnee t t join the syndicate. The Q. On Deo. 30, 1873, a proposal for the rebuilding of the N ational
Ocosha ,*c Kansas City Railway when purchased a t forc- Railway from Bound Brook to the Delaware River was r e ­
clo-urr* *ab‘ is to h.-* lrnt-cd to the syndicate until Sept, ceived and referred to the executive com m ittee, an d details
12 , Hitwi, unlcfft purebastd earlier by the syndicate in the were perfected for settling the floating debt of the National
m anner below indicated. Und r the term s of the lease the Railway Co. O ther meetings were held in 1874: and in 1875
ryadicatv agre s to pay the interest of 813,500 yearly on the and since, except in 1881 and 1382, annual meetings were held
eferred bond* and to o«y a a anoonut of the non-preferred for th e election of officers.
<ud« in'-r-o-t at the M low iog rates ft >m the time that posThe opiot m concludes as follows :
f<s-i -n ,.f th< r -ad i, dellv. red, the trustees of the Q. O, &
e p o w e rs w r itt e n in to th e o h n r te r o f th e a o r p o r a lio n , w h ile , iu m y
K . C. ala > agreeing from funds on h md to pay the interest at o pTinh io
n , in im ic a l tb th e b e s t in te r e s ts o f t h e Co u m o n w e a tth , a r e n e v ­
the rate* her- ehown from Sept. 12, 1895, until the delivery is e r th e le s s p o w e rs e r a n te d b y th e S ta te , a o n e p te d b y t h e c o r p o r a to r s ,
a
n
d
a
c
te d u p o u b y th e m , a n d th o s e flo a tin g w ith th e c o m p a n y . N o r
■s
r>. 1807, $-.0 t»*r St,OK) . o a i : thsre ,fcer Sit,
ito t th in k th e o o u -o so o f t h e c o r p o r a te f r a n c h is e s a f t e r 1 8 7 5 fo r a
together with all taxes aod charges.
lo n g p e rio d is g ro u n d o f f o r f e itu r e . T lia o rg a n iz a tio n , a s w e h a v e

K

Or, • r before S^pt. 12. 1009. the sy n d icate will give tin* n o tic e d , h a s b e e n c o n s ta n tly k e p t u p .

T h e c o r p o ra tio n is a p 'i v a t e
o n e , a n d t h e p u b lic h a d no i n t e r e s t in th e u s e o f th e p o w e rs g r a n t e d .
T h o f r a n c h is e to i>8 « c o rp o ra tio n w a s e x p r e s s ly r e ta in e d b y th e a n ­
n u a l e le c tio n s o f officers a n d a p p e a r s n e v e r to h a v e b e e n a b a n d o n e d .
A tte r d u e c o n s id e ra tio n . I r e a c h th e c o n c lu s io n , m o s t r e lu c ta n tly ,
t h a t th e Co o m o n w e d t h o t P e n n s y lv a n ia c a n n o t n o w s n o e s s f n lly a t ­
ta c k Ttie c h a r te r e d r ig h ts o f th e R e a d in g ’o m p a n y , a t le a s t, th e r ig h ts
o f anota a n a t u r e a n d c h a r a c te r aa h i d b e e n e x e r c is e d b y th e c o r p o r a ­
tio n p r io r to J a n u a r y 1. 1874. ft h a d p o w e r to d o t h e b u s in e s s in
w h ic h i t w a s e n g a g e d p r io r to th e a d o p tio n o f th e n o w c o n s ti tu tio n .
bb i :
* -. : In v b 1. 1,. H b b -I ,-r -- !•!< IV I! h i o ti V > W h e th e r th e o th e r g r a n ts o f sueolad p riv ile g e s , o t th e v a r ie d k in d s
r th i u t h e o h a rto r, c o n tin u e d a f t e r J a n u a r y 1. 1 8 7 4 , t* a q u e s tio n
years t*> pay for its first mortgage bniidatS p a r e -n t In the st he ta tfom
a y b o tic ta rm in e ii h e re if o r w h e n t h e o c c a s io n a tis e s . I H e re
f i r s t m o r t g a g e 4 p - r c » n t bonds a n d 2 5 p e r <>-in in t h e i n c o m e fo llo w s a q u o ta tio n f r o m J o s tio e W illia m * , in O a ro th o rs a p p e a l. 118
brad* of tb a O m aha K v t t u City & R u itern . P en d in g com- P. 8.. 1 8 th e n th e o p in io n p ro c e e d s .—Eos-1 My v ie w o t t h e w h o 'o
i ■
\ i itvr,-*t is paid, as sta te d la it week, m a tte r is t h a t fin* e h t r i e r o f th e c o m p a n y a u th o r is e d I t to d o th e k in d
o f b u s in e s s in w itioh i t e n g a g e d p r io r to f e n u a r g 1, 18 7 4 . w h ic h huair.u n c g e n e r a l o h ir a o c e r a s t h a t in w h ic h i t p ro p o s e s
ally i i'll the 75 per cent to which tb« bonds are entitled in ntoe seenwgaa sg eo f ftohre th
e p u rp o s e of on a -'ro llin g tu o s to c k s o f th e R a ilw a y
ll:>- n»* first im*ftgng*- lends
C o m p a n y a n d fits Co a! & iro n C o m p a n y .

h* l !• t- <>f r*ificutr.-i representing the non-preferred bonds of
the Q O. & K. C. the option of receiving either 70 per cent in
cash tor the fnci- value of their s, curitiee. or greuri i»s of tha
Omaha Karssv* City A R u tern RR, (»«*e I nvestors’ SUPPLEMfcJiT; to the am ount of S'* K) f!ret mortgage and $100 second
mortgage income bonds for each $ 1,000 oond surrendered.
The evpdJcate has also contracted to purchase the Omaha Sc

Th* Omaha K in„»f<Oify A E istvrn Ry. has bean incorporated
and I* Hnlldimt ihnilne from Tr; ntoa to P-attonaburir, Mo,,
30 tr>>l<« to c .tinf I*; the ■i-nrha A H*. L m it and the Quincy
Omaha A; K»»v-«» ( :itv. The -yndica f- agrees th a t its line
a* •-o'or-l-i*-d (and Including the lines ab tva mentioned and
tbe Kansas Ofiy A N'<»r«h«rn Connecting RR,; all of which
it is pro;,(, .<,! to merge Into the O. K- 0 A B.) shall extend
from *mu» CJm it-iittre point *-ast of the Mlsswsipoi (Beardrt- wn on the Bkltimore A Ohio Southwestern has been talked
of; to '--'a# points on the Missouri River, the points in view
bf tbg Ouuiha and Kansas City, form ing a northerly outlet for

Tit-* act conferring the oharter to th** Eve -Isior E Her prise
Co. w as quote i lo the Cnao.vtOBR of Nov 21, 1898, p ag j 028.
O peration o f P hilo. N ew tow n & New Y o rk R R , a n d S to n y
Greek R R .— The Philadelphia & R inding Ry. on Ja n . 1 took

over the operation of those roads, which have long been
allied to the Reading system New Securities. —3 oseph S, H arris, President of the Read­
ing Company, announces th a t the Reading Company has ac­
quired and now Holds the capital stock and the 20, 000,000
bonds issued by the Philadelphia & R jading R ailw ay Com­
pany and the capital stock of the Philadelphia & Reading

J a n u a r y 9, 1897.]

THE CHRONICLE

Coal & Iron Company; also all the equipment, real estate and
miscellaneous stocks and bonds form erly owned but sep­
arately pledged by the old railroad company. The Reading
Company has increased its capital stock to $23,000,000 first
preferred, §42,000,000 second preferred and §70.000,000 com
m o t, as proposed by the plan of reorganization and jo in tly w ith
the Coal & Iron Company has authorized a jo in t mortgage
to secure bonds up to a possible amount of §135,000,000, to be
secured on the property of both companies, in c lu iin g the
stock and bonds of the railw ay company. The new bonds
thus have the security of the entire Reading system, ra il­
ways, equipment, real estate, coal lands and miscelianeous
stocks and bonds o f great value. The new stooks and bonds
are exoeeted to bs ready for delivery to the public inside of
sixty davs,
S e c u r i t i e i L i s t e d i n P h i l a d e l p h i a . —The Reading Terminal
bonds of 1891 due May 1, 1941, fo r $8,500,000, have been
listed on the Philadelphia Stock Exchange. The statement to
the Exchange says in part:
Both principal and Interest are payable in gold coin, free
of tar. The bondi were issued by the Phtladelobia <St Reading RR. in payment for the stock of the Philadelphia A
Reading Terminal RR. Co., and the prooeeds used for tbe oonstruetton
of the Terminal RR , Including the terminal station and building at
Twelfth and Market streets, Philadelphia. The bonds areseouredby
the deposit In pledge of 169,950 shares of the capital stock of the
Philadelphia & Reading Terminal RR. Co. with the Provident Life A
Trust Co., trustee, and by the guaranty of the Philadelphia A Read­
ing Terminal RR. Co., which guaranty isaeoired by a mortgage de­
livered by the Philadelphia * Reading Terminal RR Co. to the Providont Life A Trust Co., trustee, eonveying all the oompany's railroad,
real estate, rights, privileges, franchises, etc., now owned o- to be
hereafter acquired, as described in said mortgage. They ore further
secured by a trafflo agreement dated May 1st. 1891. The Terminal
RR. extends from Ninth 9treet and Fairmoant Avenue to Twelfth and
Market streets, with a branoh from Broad and Noble streets, to a con­
nection with the main line near Twelfth and Cailowhill streets, Pblla
telpbia. Length of road, 13 miles; total single track, 5'7 miles; steel
rails; gauge, 4 feet 8>o Inches; no equipment; capital stock, $3,500.000; par value of ehares. .$',0; full patd. Floating debt. $2,357,505,
balance of advances for oonstrao ioa la exoess of prooeeds of bonds.
E q u i t a b l e I n t e r e s t C e r t i f i c a t e t .—These certificates have been
paid at 105 at the Central Trust Co., interest ceasing Jan. 5,
1697.
D e l a w a r e R i v e r T e r m i n a l E x t e n s i o n B o n d s A d j u s t m e n t .—
Tbe coupons due January 1, 1897. were paid at m a tu rity to the
holders of tbe Delaware River Terminal E x t e n s i o n 5 s who
have assented to an agreement w hich can bo had upon
application to the trustee [tbe Guarantee Trust Co. of P hila­
delphia], Interest on the Delaware River Terminal bonds
due Nov. 20, 1890, was paid by the receivers. We are informed
that it is not proposed to scale either principal or interest of
either issue, but i f the agreement w ith the Delaware River
Terminal Extension bondhold rs does not go through unani­
mously there may be a default on both issues. Of the total
issue of Delaware River Terminal Extension bonds of $1,232,000, t olders of all but 19 bonds have either deposited their
holdings under the agreement or announced th e ir intention
to do so.—V. 63, p. 1159; V. 64, p. 43.
R ntlaud RR.—D i v i d e n d —E a r n i n g s . —A dividend of 1 per
cent on the preferred stock was announced last week. For
the four and three-fourth3 m on’ hs from May 8, when the
company took p >ssession of its property, t ill Sept. 3J, 1898,
the gross earnings were §129,899 and net $148,464. The ia t rest charge for the same period being about $36,000, a surplus
of about $32,000 was available fo r other purposes (tax>-s, etc.)
The dividend calls for $42,030. The earniags cover tha best
part of the year. President Clement is quoted as saying that
the floating debt has been paid and many improvements
made — V, 63. p. 754.
St. Joseph £ Grand Isla n d Ry .— S u c c e s s o r C o m p a n y . —
The S'. Joseph & Grand Island RR. having been foreclosed,
the Grand Island Hastings & Southeastern has been incor­
porated in Nebraska, and a new company has also been char­
tered in Kansas, and the tw o companies w ill be consolidated
"as the St. J isep i & Grand Island I i y . , the only change in the
name being the substitution of the word ra ilw a y for railroad.
Mr. W illiam L. Bull w ill be the President of the ne v com­
pany.—V, 63. p. 1159.
St. Louis Salem & Arkansas RR.—St. Louis Sc S in Frauclco UK. —Foreclosure S u i t Filed.—A t St. Louis, Jao. 6, the
Mercantile Trust Co , as mortgage trustee, filed a h ill for fore­
closure aeainst the St. Loui3 Salem & Arkansas R R . T h e St.
Louis & San Francisco R R . owns nearly all the b o n d s , having
obtained them under the offer in V. 62, p. 1140; V. 63, p. 1160.
Savannah (G i.) E le c tric R y .— S o l d i n F o r e c l o s u r e .—This
property was sold under foreclosure Jan. 5 fo r $210,000 to
Herman Myers of Savannah and J. II. Fall of Nashville, rep­
resenting a m aj ir it y of the bond*. The “ Savannah News’’
save:
Mr. Van Lear Kirk of Nashville, states that a meeting for reorgan­
ization w il be held Id Savanuah In about two weeks There are aonut
fifteen persons Iri Vashviila interested in tha eleorrio railway. The
form of reorganization ha« not been agreed noon nor the offloers
selected. It is likely, h >wove *. th at those who have taken an active
Interest In the pro lertv heretofore will continue on the Board of Di­
rector*. Bntw rnn $75.0 90 and $10 ».O‘>0 witl he spent .at once to put
the property in good running condition, of which amount about
$50,000 will be spent in a new power house.
The m inority bonds were deposited w ith the Southern Bank
of Savannah.—V. 60, p. 1011.
.S 'r a it n u Ity .—Scr in tu n T ra c tio n . — C o n s o l i d a t i o n A p ­
p r o v e d . —On December 18 the stockholders of the Scranton
Traction C». approved the proposed consolidation of its sub­
sidiary properties under the title of the Scranton Railway Co.
Beginning Jan. 1 the Scranton Railway Co. w ill operate the

85

different lines heretofore operated by the Scranton Traction
Co. Its directors are: Clarence M. Clark, President; J . P.
Ilsley. Vice President; C. Ford Stevens, Secretary and Treas­
urer: E. W. Clark, Jr., all of Philadelphia; T im othy Burke,
Frank Sillim an, Jr., and Horace E. Hand, Scranton. The
authorized capital stock of the new company is §6,000,000, of
which $2,500,000 is fu ll paid. Par value of shares $50. The
capital stock of the old companies w hich form this consolida­
tion was as follows: Scranton Traction Co., $2,000,000; Peo­
ple’s Street Ry., $600,000; Scranton Passenger R y ., $100,000;
Dunmore Street Ry., $30,000; Scranton Suburban Ry,, $100,000; Valley ; PassengerRy., $400,000. See also V . 63, p. 1064.
Snperior Consolidated Land Co.— M o r t g a g e f o r $ 1 , 0 0 0 ,0 0 0
F i l e d —A press dispatch from Superior, W ie., says that th is
company has placed on record a crust deed covering all o f its
property holdings in the county to secure a new bond issue o f
$1,000,000 of 5 per cent bonds, "due in 1905. The new loan, i t
is stated, w ill be used in part to refund indebtedness, esti­
mated at $62»,000, of w hich over $200,000 is principal and
interest on first mortgage bonds, $280,000 notes now due, $138,000 taxes in litig a tio n and $10,000 floating indebtedness.
T erre Hante & Logansport R. R,— R e o r g a n i z a t i o n N o t i c e .
—Seventy per cent o f the outstanding bonds having been
deposited, the bondholders’ committee, Moses L Scudder,
Chair nan, announces that i t has extended the lim it fo r re­
ceiving deposits of bonds w ithout penalty to Jan. 20, 1897.
Bonds received subsequent to that date w ill be subject to a
penalty of $10 per bond. The Depository is the New Y o rk
Security & Trust Co., 46 W all Street, New Y o rk.—V. 64, p. 42.
Union Pacific Ry. — C o u p o n P a y m e n t . —The coupons due
ec. 1, 1896, on th» 5 per c m t collateral trust bonds w ill be
p a il on and after Jan. 11 by the New England Trust Company
of Boston.—V , 64, p. 42.
W heeling Sc Labe E rie R y.— O ffic ia l C i r c u l a r a s t o I m .
p r o v e m e n t s , T r a c k a g e a n d B u s i n e s s O u t l o o k . —President A. G.
Blair, in transm itting the notice of the annual meeting of
stockholders, calls attention to the fo llo w in g facts :
While business has been greatly depressed, It has been our bolioy to
Improve the physloal condition of the property, add to its equipment,
and in every way looreate its faculties forhandltngalargelyinoreased
traffic. Daring 1896 1,000 new 30 ton gondola oars and 12 new en­
gines have been added to tbo equipment. Nine new steel bridges have
been ereoted and 10 miles of sidings have been oonstruoted.
Arrangements are being made for opening a new mine of large
oapacityupoo the property which your oampaoy oontrols, and to in ­
troduce eleotrioal machinery for mining, which In the opinion of tha
General Manager of Che Coal Company will make a saving of at least
oents per ton on the ooal pro laced, equal to *90.000 per annum
on the 600,000 tons, which is about the average annual produot of the
mines controlled.
An arrangement has been made with the Columbus Sandusky A
Hooking Ry. Co. whereby that oompauy is acoorded certain Joint run­
ning rights over the 51 miles of your line from Bellevue to Toledo at a
rental of $29,225 per annum, together with a proportionate part of the
0 'ist of maintenance,and sundry additional payments, based upon the
roportion of husluess done. The agreement is for 99 years from
aniiary 1,1897, with provision for renewal; and Its effect will, it is
believed, be to add upwards of $50,009 per annum to the looome of
this oompaoy.
Looking forward to the year 1897, your management anticipates a
greatly increased irafflo, and shares in the general belief that we have
before us a period of prosperity whloh will be all the more pronounced
when compared with the oast three years of depression. —V. 63, p. 1117.

P

—Mr. C. W . Haskins, of the firm of Haskins & Sj lls, c e rti­
fied public accountants, located at No. 30 Broad Street in this
citv, has been elected Com ptroller of the Central of Georgia
Rail way Company. The office of Com ptroller of this com­
pany is a new one, attd has been created especially to provide
for the engagement of a firm , or an in d ivid u a l in a firm , of
public accountants, to supervise the reorganization of the
entire accounting system.
—The New England Loan & Trust Company are advertis­
ing the prepayment of $100,000 of their debentures m aturing
A ugu-t l next. Also the payment of a like amount of deben­
tures of series No. 3, Their advertisement w ill be found in
to-day’s C h r o n ic l e ,
—Messrs. Rogers & Gould, 7 W a ll Street, have compiled
in convenient calendar form the daily rates fo r money d u r­
ing 1896, the weekly condition of the hank reserve and the
weekly gold movement.
—Messrs. Simon Borg & Co. offer for January investment
a lis t of bonds and guaranteed stocks. Their advertisement
will be found ou the last page of the Q uotation S u pplem en t
of this date.
—Mr. F. J. Lisman announces in another column th a t he
is prepared to trade in the various issues of the Southern
Pacific system, as well as a ll other inactive steam ra ilw a y
bonds.
—Messrs. Farson, Leach & Co, offer a list o f State, county
and c ity securities fo r January investment. Their adver­
tisement appears in the State and C ity Department.
—C ity of Boston and D istrict of Columbia bonds are offered
fo r sale by Messrs. Dunscomb & Jenuison, Their advertise­
ment w ill ne found in the Q uotation S u pplem en t .
—The John B. Stetson Company announces a semi-annual
dividend of 4 par cent on its preferred stock and an annual
dividend of 4 per cent on its common stock.
—Messrs. E. C. Stanwood & Co. offer fo r sale $250,000 c ity
of Holyoke bonds. See their advertisement iu our State and
C ity Department.

THE

86

CHRONICLE.

(YOU LX1V.
C O

The Commercial Tones.__
CO M ME R Cl A L

EPITOME

F jmdat Night , Jan. 8, 1897.
fn « boslne* world b*s hardly gotten fairly under way for
Merchants have not a* a rule completed their
the o * » y ear
know definitely
result* of busi
d«
is .tf C i.n r t ;
............-..................
- - - - - the
,.
nese tor the Tear just cUei-«l and h are r o t ca yet shown a dusr ^ ., 5; n c„ t.jwn sew trades. In many respec!*, however,
or «•,«,-:* for fusin' t< forth# coming year are marked by bet­
ter •: -i.-ti • * u;*e !>#»■• b«ea prevalent for some time past,
and the general dtapuaitioa u to take a cheerful view* of the
o-uthvfc. I u.t utei.stm IS over the Cuban situation is gradu­
ally st: king into the background. The Way* and Mean*
Coi'-'.niittre h*» continued i<« heating* of the various trade*
oo the revision »f the tariff law. Quite* diversity of opinion
,
grower# and manufac­
turers if wool and rosacea. W heat crop proapecta at the
West has# been much improved by more favorable weather
COOditiOtM.
Following i* a comparative statement of leading articles.

.......................................ObU.to*
T»-h*Ur», dotnceGUS.............. ithils.
T oaaoco. f o r e ig n ............... b ale*
OodSe, H io .............................bag*.
On Sts*. o t t a r . . . . . . . . . . . . . ..b a g s .
Oolfee. J a v a . * ® . . . .............m a ts
• a g s ir - . . . . . . . . . . . . . . . . . . . . .hhd».
h w ..............................b a g * ,* ® ,
M o is te n , f o r e i g n ........ . .. .h h d s .
HUaa...-......................
No.
O o tto a .................................... bales.
H u a i n . . . . . . . . ____ . . . . . . . . ..b b t a
■ p trtt* ton-pen tin * ..................bbla.
l m r & „ ......................

Be*. 1.
1808.
4.811
34,1*37
U .^Bl
10,683
8 8 8 .3 0 *
40.250
6 V507
3,774
1,911,191
N one.
44,300
223.357
3 3 ,9 1 4
2.078
291
3,900
4.700
N ona
22,000

/a n . 1*
1897,
14.783
21,500
14,812
8,931
33a,2*9
44,319
44.837
2,329
1,798.453

1,
1896
11,935
30,583
17,568
25,659
260,749

Jan.

.. ....

T T O
F

r id a y

N
N

,

ig h t

,

Ja n u ary 8, 1897.

T h e M o v e m e n t o f t h e C h o p , as indicated by our telegram s
f r o m th e S o u t h to-night, is given below. For th e eig h t days

ending this evening th e to tal receipts have reached 196,537
bales, against 219,133 bales l a s t w e e k and 277,615 bales th e
previous i-ix days, m aking th e to ta l receipt* since th e 1st of
Sept., 1896, 5.119,790 bides, against 3,679,983 bales for the
same period o f 1895-96, show ing an increase since Sept. 1,
Tue*. W ed . T h u r t . F r i.
R e c e ip t) a t— F r . S a t Moil.
Galveston...... 12,733 5,697 7,009 4,129 2,772 3.990
. ..... ........ . ..... 1,894
Tex. City, Ao. *••••.
New Orleans... 8,715 14,745 10,368 9,300 7,902 4,470
Mobile............. 1,058 1,807 1,329 1,391 1,707 1,917
........ 3,832
Florida............ 5,300 . ..... . . . . . . .....
Savannah........ 4,775 2,942 4,378 2,703 4,290 1,544
Brunsw'k, Ac. ........ . . . . . . ...... ........ . . .... 4,987
774
383
781
468
055
Oharleston___ 2,745
...... ...... . . .... 5,573
.....
Ft. Boyal, Ac.
340
700
201
170
301
925
Wilmington....
37
.....
... . .
.....
Wash'ton, Ae.
Norfolk............ 7,879 4,420 4,095 3,171 1,838 2,438
343
. ..... ...... . .. . . .
Newport N.,Ao,
148 .....
583
938
201
New Y o r k ........
600 1,437 1,351 1,653
Boston............. 2,030 1,103
4,656
Baltimore........ 3,002 . ..... . . . . . . ......
742
146
43
153
97 1,153
FhUadelph’a,Ae
39,250
21,672
29,522
23.22S
f o t’ls this week 50,100 32,765

T o ta l .

36,336
1,894
55,590
9,209
9,132
20,638
4,997
5,800
5,573
2,703
37
23,641
491
1,722
8,788
7,658
2,33*
196,537

43,538
68
The following shows th e week’s to ta l receipts, th e to ta l since
563,3-8
N one,
215
204,900
54,4lt0
m onk.
1895-96.
292,754
188,203
1896-97,
B )C tip i> to
47,631
43,000
S in c e S e p .
T h i) S in c e S e p . T h U
2,043
2,072
J a n . 8.
1896.
1897.
1,182
2,2*7
W e e k.
1,1896. W e e k . 1,1895.
3,800
11,000
Blue, K I ...................
b aas.
5,500
11,500 Galveston... 36.336 1,082,133 26,034 710,090 164,490 142,791
KJoe, dcunestto . . . . . . . . ____b b £
N one.
N one.
Id a s e e d
.............................bags.
17,674
6,558
70,669 6,183
67,282
Tex. O., Ao. 1,894
2,300
19,500
M itp s t z a ....................
b ags.
2,300
2 ,3 0 0 New Orleans 55,590 1,540,332 40,879 1,228,144 450,346 409,353
N one.
f a t e b o t t a . . . .........................bale*.
35,385
9,755 Mobile......... 9,209 208,721 6,384 139,857
47,384
21,974
24.381
M an ila h e m p . . . ............. ...b a le s .
p fif t l h a m n
h a)(S t
6.740
9,583
21,795
....
......
19,624
56,718
244
163,400 Florida........ 9,132
108.800
120.500
^ r “
p ; ; ; : . b b i s « d « « •» .. >
89,37*
Savannah... 20,639 039,923 14,430 544,501 101,362
6,753
Thi re has been • slight improvement in the demand for Br'wiok, &c 4,987 125,791 1,901
10,431
87,814
lard on the spot and at the cl se thi re was a stronger turn to Oharleston.. 5,806 323,551 5,201 218.013
44,593
46,097
this market, with final sale* at 4T2t£o, for prime Western,
37,793
P.Royal,Ae 5,573
59,415
136
1*75c. for prime City and 4*40c. for refined for the Continent. Wilmington. 2,703 207,813 1,944 136,943
24,239
18,237
The lor*I market for lard future* has been neglected, and at
......
Wash'll,Ac.
725
19
679
37
the West trading was quiet up to to-day, when there was a Norfolk....... 23,041 584,705 13,837 204,796
60,146
38,961
fair demand from short* tocover contracts, stimulated by a de* N’portN.,Ao,
14,265
1,776
12,403 3,593 143,904
491
e rra n tg movement of swine. The close was quoted fairly firm. New York... 1,722 34,696 4,780 25,562 295,705 192,225
DaxbT onou*o raicas os u ju > surtrass.
38,000
35,000
Boston,.......
64,569
8,786 108,401 7,471
tm i.
M an.
T u * t.
Wed. l h u r
Fn.
26,701
29,297
25,845
38,622 1,368
4-07 4*13 Baltimore... 7,658
Jaanary..................... a. 4 10 407 4*05 4"05
11,313
24,572
PhlladeL.Ao. 2,334
26,182
8,718
918

Pork ha* been in ir creased export dem and and the close
w > firm at |8 2,V:f$3 75 for m ist. Cut meat* have been
quiet but steady, Tallow ha* sold alowly and the market has
weakened slightly, closing at 8$fc. bid and 3 ^ c . asked. Cotton-srrd oil bus been quiet but about steady, closing a t 20c.
for prime crude and 23c, for prime yellow, ' Butter ha* been
quiet but steady. Cheese has had a fair sale at full values.
Fresh egg* have been dull.
Coffee of Brazil growth haa had only a limited sale, but
o ffitirg i have beeD only moderate and values have held
•u ad y , cl -in g 'a t 10V,'c. for Rio No, 7. The mild grades
clewed in fairlv good demand at steady prices, with good
Cucuta at I-V^e. and standard Java at 22t^@23t^c, The
tradit g in the m arket for contracts hss been quiet and no
important change* h are occurred in values, closing steady.
The following were the closing prices:
.............
| April............... 0-85*, I July.............. 10 Ofts.
Marrh............ 0 800. I June............... 1 0 OOo. I Sept................ 10-100.
Raw sugars have been quiet. Refiners have been slightly
under importer* in their new s, Rod Bales made have been unlonporta.it, doling *t 8 3-16c, bid for centrifugal 96-deg. teat
and 2 13-!8c. bid for muscovado F9-deg. test. Refined sugars
have b*d a moderate sale at steady price*, closing at i% c. for
g»oul*ted. Tt a» have received slightly increased attention
•and values have held steadv.
The deeirgble grades of Kentucky tobacco have had a fair
call at firm p ric e * . Heed leaf tobacco has been in fairly ao
live d e m a n d at steady value*. Sales for the week, 2,475 oases.
Early in the week the m arket for Straits tin was higher.
But»eqtt*ntly, however, the improvement was lo?t, as foreign
advirr* turned weaker. The chum was firm a t 18c. Ingot
©■tr-er ba* - ten in increased demand and higher, closing
firm *t i .
Be. for Lake. Lead has also advanced,
closing at 8 0 2 ^ 0 8
for domestic. Speller has been dull
and
ri, *,tg at 3-9f'<a*c. for domestic. Pig iron has
conlir u .d quiet and easy at unchanged prices, dosing at
*11 Owafls for domestic.
fhfim d r.<t,oh on, ha* been unchanged, closing at 6 20c. in
bbf*., 3-,iV. m bulk and 6 00c. in cave; naphtha dull a t6 ? /c
Crude . vr-.(;::*'«•* ha*. l» .n neglected. Credit balances have
be*-D steady st 90c, Spirit* turpentine has b- en in increased
d m and ai d higher, clcslog at S7J$«28?<c, Rosin* have been
e ..i* r »i II 70 for common atm good strain 'd . Wool has
h*en neglected and quotations have been nominal. Hops have
hewn quiet but steady.

T otals...... 198,537 5,119,790 135,322 3,679,988 1,254,362 1,112,812
I n o rd e r t h a t co m p ariso n m a y be m a d e w ith o th e r y e a rs, w »
give below th e to ta ls a t lead in g p o rts fo r six seasons.
1892.
S e e e ip t * a t —
1893.
1897.
1896.
1895.
1894.
Galves’n Ao, 38,230 32,217 51,329 20,894 22,485 23,551
New Orleans 55,590 40,879 69,443 49,981 45,615 72,941
Mobile......
9,209
4,940
7,435
4,229
3,968
6,384
Savannah. -. 20,638 14,430 18,776 14,515 11,562 11,617
Ohas’ton, Ao 11,379
5,689
6,949
6,623
5,337
4,090
Wllm'ton,Ao
1,963
2,519
4,413
1,457
2,740
5,501
Norfolk......
9,374
23,641 13,837 13,183
3,495 10,862
N. News, Ao.
491
7,352
3,368 11,116
3,593 11,045
All others... 31,619 16,682 30,822 14,220 14,496 20,328
Tot. this wk. 196,537 135,322 207,748 134,813 114,841 102,788
Since Sept. 1 5119,790 3079,988 6595,698 4482,775 3907,402 5194,295

The exports for th e week ending th is evening reach a to ta l
*f 193,287 bales, of which 107,093 were to G reat B ritain, 9,740
to France and 78,454 to th e rest of th e C ontinent. Below are
the exports for th e week and since Septem ber 1, 1896,
E x p o rts
fr o m —
G a lv e s to n ....
T ex. C ity , Ao.
New O rlean s.
M o b ile .. . . . . . .
F lo r id a ........
S avannah ....

W eek E n d in g J a n . 8 1897.
F rom S ept 1,1896, to J a n . 8 , 1897.
E xp o rted to —
E x p o rte d to—
G reat
C onti­ Total
G reat
C onti­
France
Total.
B rW n.
n en t. Week. B rita in . F rom m nent*
41,241
20.459
1,007
9,060

O h a rle s to n ..
P o r t R o y a l...

......

N o r f o lk ........
N 'porl. N , A c..
N*w fork...
B o sto n ..........

2,054

Baltimore*,..
Philadelphia..
S. F ra n ,.

0,277 13,714 61,232
632
632
37,594 67,033
5,8C0 7,20?
....... ...... 9,060
4,803 4,803

......

4,331

. . ..

5,350

6,573

.....
7,058
7,#41

1,803

......

551

......

2,ICO

T o t a l . . . . . . . . 107,093

4.331
5,573

5,004
.....
949
4,199 13,520
71 7,812
000 3,00
651
2,600 2,500

552,729 135,445
615.104 240,432
87,093 . . . . . .
39.754
40,76* 15,341
07,604
08,783
60,074
95,431
125,042 5,200
6,799 .....
162 019 13,389
135,480
45,582 5,752
0,056
93

101,240 879,414
13.801
13,801
335,001 1,090,637
13,227 100,320
4,872
44,150
231,318 287,427
8,865
71,409
143,204 212,077
56,074
67,371 182,802
30,600 100,842
.......
0,799
90.285 255,593
1,275 130,704
34,929
80,283
340
6,405
19,021
19,714

9,740 70,454 193,287 1,995,000 421,459 1,2 0,548 3,017,067

T o ta l, 1886-06. 61,021 21.610 38,587 112,018 l,075,839’3 10,543,

967,742 2,344,129

THE CHRONICLE.

Ja n u a r y 9, 1897,]

In addition to above exports, our telegrams to -n ig h t also
give us the fo llo w in g amounts of cotton on shipboard, n o t
cleared, a t the ports named. We add s im ila r figures fo r
New York, whioh are prepared fo r our special use by Messrs.
Lam bert & B irrow s, Produce Exchange B u ild in g .

b7

T he Sales and P rices op F utures at New Y o rk , are
shown in the following comprehensive table.

ON S H IP B O A R D , NOT C L E A R E D F O R —

Jan.

8 a t—

G re a t
B r ita in .

O th e r
F r a n c e . F o r e ig n

C o a st­
w ise .

T o ta l.

L e a v in g
s to c k .

609 62,465
387,881
New Orleans... 12,742 27,494 21,620
118,404
Galveston....... 26,064 12,001 5,500 2,521 46,086
Savannah.......
3,000 None. 12,000 2,000 17.000
84,362
600 18,100
Charleston... .
6.700 None. 10,800
27,997
Mobile............ 18,000 None. 4.000 None. 22.000
25,384
Norfolk........... 20,000 Noue. 6.000 2,000 28,000
10,961
New York.......
9.700 1,500 2,380 None. 13,580
282,125
60,017
Other porta__ 30,000 None. 20,000 None. 50,000
997,131
Total 1897. . 126,206 40,995 82,300 7,730 257,231
Total 1896 110,897 22.298 63,148 24,643 220,986
891,826
Total 1895
179,461 51,781 118,699 22,065 372,0<’6
803,725
Speculation in cotton fo r fu tu re delivery has been quiet.
The trading has been confined almost exclusively to profes­
sional operators and the course o f prices has continued i r ­
regular. Monday there was a lower m arket. There was an
absence of outside interest, and under liq u id a tin g sales by a
few tire d “ longs,” prompted by the p> r t receipts ru n n in g
s lig h tly in excess of the estimates, prices declined 12 to 14
points fo r the day. Tuesday the speculation continued
slow, and under fu rth e r liq u id a tin g sales by longs,
prices weakened 1 to 2 points. Wednesday, however,
there was a stronger tu rn to the market. Foreign
advices came unexpectedly higher, and the port re­
ceipts showed a m aterial skrinkage w h ich stim ulated
something o f a demand from “ shorts” to cover contracts,
and prices closed a t an advance o f 7 to 11 points. Thursday
the m arket w as easier d u rin g early ’Change under disap­
p o in ting foreign advices, accompanied w ith selling orders.
Subsequently, however, a lig h t in te rio r movement of the
crop stim ulated moderate buying and prices advanced, clos­
in g 8 to 7 points higher fo r the day. To day the m arket was
fa irly active and higher on a report th a t the movement of
cotton in Texas up to January 1st was 1,675,000 bales, which
was below gent ra l expectations, and is taken as an indica­
tion th a t the yield of th a t State fo r 1896 97 w ill be below the
average estimate. The close was firm a t an advance o f 11 to
13 points for the day. Cotton on the spot has been quiet.
Monday and Tuesday prices were lowered l-16o. b u t on
Wednesday and Thursday the loss was recovered. To-day
the m arket was quiet and unchanged, m id d lin g uplands
closing at 7 3-ltic.
The to ta l sales fo r fo rw a rd delivery fo r the week are
617,400 bales. For im m ediate delivery the to ta l sales foot
up th is week 23,578 bales, in clu d in g 300 fo r export, 178
fo r consum ption,----- for speculation and 23,100 on contract.
The fo llo w in g are the official quotations fo r each day o f the
past week—January 2 to January 8.
Rates on and off m iddling, as established Nov. 22, 1893,
and revised Dec. 11,1895, by the Revision Committee at w h ic l
grades other than m iddling m ay be delivered on contract:
Fair . . . . . . . . . . . . . . . . . . . .o. l q
on. GoodOrdlnary_______o. 1
off.
Middling Pair.................. ’a on. Good Middling T inged...
Even.
Strlot Good 'fiddling...... i* on. Strlot Middling Stained.. rs3 of).
Good Vfiddllng... . . . . . . . . . B,. on. Middling Stained........ .
3a ofl.
Strlot Low 'fiddling........
off. Strlot Low Mid. S tatsaa.. 25SJ oil.
Low Middling.................
_ __ ______ 3a_ off. Low Middling Stained l 1. off.
Btrlot Good Ordinary...... U,a off.
On th is basis the prioes fo r a few of the grades would be as
follows.
UPLANDS.
S at. iVfOU T u e a Wed I I I . F rl.
Good Ordinary.........................
6ia
6*8
6*16 6=, a
cS
Low Middling...........................
6%
ill?, 6=a
01=16 613,,
n
Middling...................................
7%
7%
75,6 £ i«
o
Good Middling..........................
7i*
7>a
&
H
Middling Fair...........................
T “ 716 „ r * 81-a 8i,a
GULF.
S a t. Irion Taei* W ed T il. F ri.
Good Ordinary.........................
>8» 6=8 65 a 6=8 »?■« 67ia
<
0i519 7
Low Middling...........................
7
7 l . 7‘,a
Middling................................... 2
75^ 7=8 7Lg 2 i«
7%
o
Good Middling..........................
7=1
7=8 7 li„ 7%
ffl ZS" 8-q«
Middling Fair..........................
8=, a 85,«
STAINED.
S a t. .71o il T ue* W ed T h . K ri,
Low Middling...........................
V , 6 5 5,a
5*8 513,a 5*8
Middling................................... Holi­ 6%
613ie 6 ,3ie
6” „ 0%
Btrlot Middling........................ day. 6‘1®S; 63732 63-s 631.i2 6 =132
Good Middling Tinged............
73]6 73,6
7i*
71,« 7%
MARKET AND SALES.
The to ta l sales of cotton on the spot and fo r fu tu re delivery
each day during the week are indicated in the follow ing
■tatement. For the convenience o f the reader we also add
a column w hich shows a t a glance how the m arket closed on
same days._________________ _________________________
SA LES O F SPO T AND CONTRACT.
CLO SED .

Bat’d ay .
Monday.
Tuesday
Wed’day
Th’day..
Friday..
Total__

Dnll at
dee..
Quiet at Ve dee.
Quiet at i n adv.
Quiet at lie adv.

E x­
p o r t.

C onsum p

.. Holi
'5 5
33
31
io o
59
300
178

Specw ’t 'n

Con­
tr a c t.

T o tr l.

S a le s o f
F u tu re s.

tW

For exchanges see page 90.

T he V isible S u p p l y of Cotton to-night,as made up by cable

200

—

i'9 ,5 0 0 19,500
800 1,055
2,800 2,833
131
59
23,100 23,578

113.100
111.100
117,400
98,000
177,800
G17,100

and telegraph is as follows. The C ontinental stocks, as w ell as
those fo r Great B rita in and the afloat are th is week's returns,,
and consequently a ll the European figures are brought down
to Thursday evening. B u t to make the totals the complete
figures fo r to -n ig h t (Jan. 8), we add the item of exports from
the U n ite d States, in c lu d in g in i t the exports of Friday o n ly .

TH E CHRONICLE.

m

1SU4.
189.*'
1800
1697.
L$yiJQMMk XA 143.000 1*300,000 1,41«*VUU
8,000
5,000
7,000
9.0O0
Autek at iMSAim,
1,424.000
LAW0JMM) U 21.000 1,
T o ta l { treat Hrisa!
2U.O00
*20.000
13*000
1*1.000
• ta c k a t U a tu U u rg ,
1§0*000 $11,000 as 1,000 21S.OO0
ttlcrkt
, ....
18,000
14,000
§,,000
0,000
sta r* a t Aa»»s<"«t»oi.
•iO0
200
300
Btatfc at .Sfc»tn«r»,Uis..
13,000
1 \,000
10,000
317,000 iJU.OlKI 399.000
6,000
5,CW>0
5,000
IL4MW
...................
»5t:vJt *:
50.000
7S.OOO70.000
st^Soo
SVwk M BMeeSni** ............
8.000
33,000
lo.ooO
-43,000
i t « - i I t *.*;! ■» ........................
17,000
17,000
15,000
10.000
aitveM a*. f*J®*s*— ..............
531,966 72§,2O0 847/200 749.200
To tat iteeWlaetlial (Cock*
1,011,300 l.Sik.tMW*J,t'C3,ii d d 2 ,i? |.S 0 0
At a c.-‘tt o rfur l.ui'ej1*'
t'O.lHHi
8 * ,*X>0
1S,000
.0 ,000
8 sock s i U m j w t l . . .

f
i t c f i 't o *

fn rK u tu w
v • ...
t, .«•

ONs.OOO
f

4 1 6 .0 0 0

6 3 1 ,0 0 0
t J . OOo

6 4 1 .0 0 0
*L o o o

fh,-A
1 «:.-***-•
, t , . ii.'M 'i 1,112,611 1,175,731 l.iO l.aSO
(t‘. .-a at* * r *•
'• •.’. .0 5 50$, 410 504.611 4 '1.121
U
* exp -rts V '.ay
43,466
21.711
40,009
3 0,407
T o-.aJ
t us pl y . . . . . . . A 2 § $ & 3 *7118,130 4.tH7JJ5l 4,601,614

Os tfe»

•, vitals or Aniprii'»a and other rtvtorlptious are a* follow*:

U * * .-t< M l* to e k ..............h a le * .
9 1 9 ,0 0 0 9 2 1 ,0 0 0 1 ,1 0 5 ,0 0 0 1 ,1 9 0 .0 0 0
0*JSMB«at*5 * s a r i n . ........... .
4 J 7 .0 0 0 8 3 3 ,0 0 0 7 3 7 ,0 0 0 6 5 0 ,0 0 0
*„ r,r ,
• '8 ,0 0 0 4 1 6 ,0 0 0 8 8 1 ,0 0 0 6 4 4 ,0 0 0
C »1W S t« r .
- I ......... .........1,2.'*4,382 1 ,1 1 8 ,9 1 2 1 ,1 7 6 ,7 3 1 1 ,1 0 1 ,8 8 8
!
- e rs u m k *
5 5 2 ,2 0 5 5 6 5 ,4 1 0 584,011
4 5 1 ,1 2 1
I ’t*::- •’ 34* :t-- • <i44.4 0 0
2 1 ,7 1 4
4 9 .0 6 9
3 0 ,4 0 7
T o ta l Ansert- *»
.......... 3 .8 3 4 ,0 3 5 3 ,6 8 0 ,9 3 6 4 ,5 2 0 ,* 5 1 * , 1 2 7 , i i 4

Most Im4%an.%Br&Mlt .A,—*

1 9 9 .0 0 0 1 4 4 ,0 0 0 2 2 8 ,0 0 0
lMn*rp€*®% m
m
*
,. ..
1 0 2 ,0 0 0
7 ,0 0 0
6 ,0 0 0
0 ,0 0 0
5 ,0 0 0
1 1 0 .2 0 0
9 9 ,2 0 0
7 6 ,2 0 0
O » a tle « e t« 0
......
7 8 ,3 0 0
8 5 .0 0 0
1 8 ,0 0 0
7 0 ,0 0 0
l» 4 l* *A&.*t fo r K ttro p * .. . . . . .
6 0 .0 0 0
6 8 .0 0 0
4-2,000
7 1 ,0 0 0
9 $ f p% fe fc tll, 1&<§,, * a o n t . . . . .
3 7 ,0 0 0
ToS*J &**% TadlA.
"3367300 4 2 8 ,2 0 0 3 2 1 ,2 0 0 4 7 4 ,2 0 0
T a u S Awserl^*a.'.. . . . . . . . . 3 ,8 8 4 ,0 3 3 3 ,6 8 9 ,9 3 6 4 ,5 2 6 ,4 5 1 4 ,1 2 7 ,4 1 4
'to-.*, r i . t h l e . 4 p j . t r ..........4 ,2 2 0 .3 3 3 4,1187136 4,817,651' 4 ,6 0 1 .5 1 3
M M U irc 1
L iv e rp o o l..
4(1.
4 i« asd.
3 1 . b(147w d.
Mlddlia* Upland. S e w Y o rk .
7-’ ,*o.
8»j«o.
5% e.
8*ig0.
£«ypt >
H r.ivrn, U * ir p o o !
6<>i«d.
8&led .
4»i*d.
5% d,

Herat. K" .igh <i....1. Liverpool
0L,d.
6b«d.
5%d.
6d.
B ro a ch F in e , U v e r j w l ............
id .
45,(1,
3 3 ,, d .
4*34.
Tlao#t-«TH-I,iv.*r|w>i>L,
44,
44,*4,
Short,
*7j.«d.
CW" The imports into Continent*! ports the past week have
been 159,000 bates.
The above figures indicate *n increuse in the cotton in sight
to-night of 1' J.l'J? bales as compared with th e same date
of
a falling off of 627,318 bales from the corresponding
date of 1895 and a decrease of S8i,281 bales from 1894.
A t the I nterior T owns the movement—th a t is the receipts
for the week and since September 1, the shipm ents for the
w. - :,v>
-re.-k, -night, and th e same item s for the
corresponding period of 1835-98—is set out in detail below.

\ SOU LX tV

'JDOTATIONH FO B M lD D LU JO COTTON AT O T H E R M A R K E T S .—

D-low are closing quotations of m iddling ootton a t Southern
and other principal cotton m arkets for each day of th e week.
J tm . 8.

S a tu r .

Mm's,

T u e t.

WedncM.

d n ,a
6 H
e ^ is
05»

tits 19
6t8
t ill a
e«g
O'* 16
e>H
es.

6** jb
(is
O il,a
o » ,i
0»i»
0-'s
(i-h
7>«
7
7 s ts
h !-*ie
U-V
6%
«*U
Os
S ts

S ’S
Os
O U js
OH
OH
OH
0%
7 iio
7
7H
6 7b
0%
0%
0%
6*8
«S

Q ilv o a to n - .
N » w O rle » n »
M obile ..........
S a v a n n a h . ..
C h a r le s to n ..
W ilm in g to n .
N o r f o l k ........
B o s to n ,........
B a l tim o r e . .
P h ila d e lp h ia
A ngit* t o ........
Mem phi* —
fit. b o a t * .. ..
H o u s t o n ___
O tn o in n a tl..
L o u is v ille ...

6%

7
?%
« WI«
IS*,
0%

0-9
e-8

ii7a
<SH

7
......
til*,*

TAi

fr i.
on
OH
e%
s " ,6
0^8
05*
« 7a
l 3 IS
7
7Z7! '
6%
O7*
078
G76
OTg

6T8
0 7a
e *t
0"8
0>8
6%
on,
7*«
7
H ie
0 ’s
ea»
ev
t!TS
67*
0~8

The closing quotations to-day (Friday) a t other im p o rta n t
Southern m arkets were as follows.
A tlanta...........
C h a r l o t t e ........ .

I Eufanla...........
O’e

6 itle N a t o h e r .............
Raleigh...........
6

L i ttle R o o k -----

OolumbUB, lia .
6 la Montpomei'y...
Oolmuhua,Mls» ......... IR ash viU e......... .

6:k
6°8

6 n io

6 >«

S e lm a ...................
S h r e v e p o r t........

6%
6SJg

R e c eipts from t h e P la n ta tio n s . —The following tab le
indicates the actu al movement each w eek from th e plantations.
The figures do n ot include overland receipts nor Southern
consumption; they are simply a statem en t of th e w eekly
movement from the plantations of th a t p a rt of th e crop whiob
finally reaches th e m ark et th ro u g h th e outports.
iv« 6k
Jdmiin#-D»C.
“
“
“
“
Jan.

4 .....
1 1 ,....
18.......
2 4 .....
3 1 .....
8 .—

Receipts a t the Ports. SVk a t Interior Totmui, Rec'pts !rm n P i.in t’n#.
189»-97|ttM-«l

1894-95 1895-07 18B5-06 1894-95

205,9021227,001 351.451 558,918
278.408 j231,050 333,136 568,782
327,175:222.783 359,898 575,781
277,615:223,919 312,797 580,718
219,122] 170,S24 251,851 578,476
190,5371135,322 207*746 552,305

532,688
558,372
585,332
696,822
583,683
565,410

1840-97 1895-90 1894-95

484.023 294,789
501,606 288.332
568.S29 334,174
609,004 282,582
600,956 210,849
668,651 170,267

205,671
257.743
261.743
235,439
163,105
117,009

392,400
380,719
420.921
352,973
243,800
175,441

The above statem en t shows; 1.—T h at th e to ta l receipts
from th e plantations since Sept. 1.1896, are 5,551,401 bales; in
1895-96 were 4,212,698 bales; in 1894-95 w ere 6,107,014 bales.
2 .—T hat although th e receipts a t th e outports th e past week
were 196,537 bales, th e aotual m ovem ent from plantations w as
170,267 bales, the balance being ta k en from th e stocks a t
the interior tow ns. L ast year th e receipts from th e p lan tatio n s
for th e week w ere 117,069 bales an d for 1895 th ey were
175,441 bales.
O v erla nd Movem ent fo r t h e W e e k akd S in c e S e p t , 1.—

t
4
p
1

We give below a statem en t showing th e overland m ovem ent
foi th e week and since September 1. As th e retu rn s reach us
by telegraph late Friday n ig h t it is impossible to enter so
largely into detail as m our regular m onthly report, b u t all
th e principal m atters of in terest are given. This weekly
publication is of course supplem entary to th e more extended
m onthly statem ents. The results for the week ending Jan. 8
and since Sept. 1 in th e last tw o years are as follows.

g H ®C a je
S |
q 5
. S .X .► o S i
* -« -x
S*» : : : : = P I
CS
i
t
a
B ;2 ; * ! * l i g
S
r f r 4!
►. r ! M
■: i * r ; h

::M f :F

1 8 9 6 -0 7 ,
Ja n u a ry 8

*$

-•*

o

©

©

W eek.

*■*

3 _ ^ * i _j t „ © © t -vffi © tc t* a *■*•o *4 -a to qdta xc ta <i ■& ca o yt
x i;^ * c » M » » N i^ * H « o i® o o io © H o ^ o ^ iw » s io a 5 i4

\ h ip p e d —
V ia 8 t. L o n ift...........................—
V ia C a ir o .............................................
V ia P a r k e r ................................ .
V ia E v a n s v ille .................................
V ia L o u is v ille ...................................
V ia C in c in n a ti..................................
V ia o t h e r r o u te s , & o......................

W
**■*
W
t5*“*
M
**^ ^ *- *i —*i '£>i* *-■X y*
I.S3Q O*£3»A ^ #4€Ci» rft. OSh*e-i
.*2 3P
.
*
'
a
*
k-5C
Oips C H-’1M QDM iO07 A cn A
_ .... —*“**•? ..... *»
.. a
„ ...*s-s__
^ ^ w
a tek**'
-«»A ‘4 JS-x «SSSO 51© © O « ©
O*-M- 54 O' A © m -* O -si ©, A X M

*

o

P

©2-#*3 »

09

•"7 x w * - a w t£ i3 V » o < s ’ wcoa
(tr* A r f * * C » ' « . tO © '1 8 * K > * *

©—

cot-1

esiscoac'ia

-tOic^-io to L ito

T o ta l (cross o v e r la n d ................
D educt s h ip m elite—
O v e rla n d to N. Y ., B o s to n , & o ..
B e tw e e n I n te r i o r to w n s ...............
I n la n d , <ko., fr o m S o u th ...............

M C W O a J i I* - I A -■} - 3 >-* © X © W CO

f*

*3

—©

*-* *.3

PPf*P P P P JM£>0^1 ®t»© M0D©03

T o ta l t o h e d e d u c t e d .. . . . . . . .

_©
©
4s*-|
pSOII

4

7*

p * rr

jh*

a

a w a c y ? >t.• •| ccx- 1 c c-®a p ©♦—o*wa -y**-*t
©x *i ©o*:/. *a *sjp ©-©a *ao

a #- a**oto ©
ssos ©to®a y»aooi as*4

u

® 1I ^50A©‘'^*~
iili©
A A A tO *»! A 13
A CO © . M
#*
©
&pbp*W8| *443? -X?tO
- 0 « © .© f-5 *1 CD SO © © CO 10 CO O
Bt
I
s -.
©*S»-w©T
© ;•%© r r p 85 5 w *** »-*©a - « t va ©
a
# a X
A $c
» I e$© *-ao / a o a •#. ©c. t;** i© § £ 5 x © tS © to © © c. a S o o s o Ca*
| ’IS
JS* | jf t jf t
© *
CO
•-p —©U"—♦«»a-i*©ic V»
» -►
.w
< ? r © X . , / © v l X 'W - A 4 0 »J ©
1 CO
■ A t v « © CIS© © © & 0C-A *,J A t v ©

:
2 i ii :i * $ *]*s © « ©
Sf

V■

*

*3OB£08« -X5? *110 to Tj>w*c0
w. mp p ' U* - 4 L X

- ^ - f * „ .*>©■ f C ©OOCCso«-*w>tfcA^AkOA*3UCDe6<»l P

* T ill*
h g s re * o l t n i a p 'd .
* u a p u r . figure* are for Newberry.

8, o.

Sin ce
Sept. 1.

1 8 9 5 -9 6 .
Week,

S in c e
S ep t. X.

1 5 ,2 5 4
9 ,2 6 0
427
1 ,0 3 5
2,401
1 ,9 9 9
2,794

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

1 3 ,4 6 1
6,0 3 9
141
3,444
4 ,0 0 9
4,1 8 8

3 5 7 ,5 1 9
1 0 2 ,5 9 1
1 2 ,1 6 3
45
9 1 ,1 9 0
5 1 ,6 1 9
5 2 ,4 4 9

3 3 ,1 7 0

7 9 0 ,3 2 8

3 1 ,8 8 5

7 2 7 ,5 8 2

2 0 ,5 0 0
398
792

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

1 4 ,5 3 7
747

1 4 0 ,5 4 8
2 ,3 1 0
2 7 ,189

2 1 ,6 9 0

2 30,951

1 5 ,2 8 4

1 7 0 ,0 4 7

r.e a v ln it to ta l n e t o v e rla n d * .. 1 1 ,480 5 5 9 ,3 7 7 1 0 ,601 5 5 7 ,5 3 5
* LuoludinK m o v e m e n t by r a i l to C a n a d a .
T h e f o r e g o i n g s h o w s t h a t t h e w e e k 's n e t o v e r l a n d m o v e m e n t
t h i s y e a r h a s b e e n 11,480 bales, a g a i n s t 16,801 b a l e s f o r t h e
w e e k i n 1890, a n d t h a t for t h e season t o d a t e t h e a g g r e g a t e n e t
o v e r l a n d e x h i b i t s au increase over a y e a r a g o of 1 .8 4 2 b a l e s .
I n Sig h t a n d 8 p itin M &
t a k in g s .

1 896-97.
W eek.

S in c e
Sept.. 1,.

1 8 9 5 -9 6 .
IFeefc.

S in c e
Sept. 1.

R e c e ip ts a t p o r ts to J n n . 8 ............. 1 9 0 ,5 3 7 5 ,1 1 9 ,7 9 0 1 35,322 3 ,6 7 9 ,9 8 8
Sfst o v e rlim d to J a n . 8 ..................... 1 1 ,480 5 5 9 ,3 7 7 10,001
5 5 7 ,5 3 5
S o u th e rn c o n s u m p tio n to .1 a u . 8.. 22,000! 3 8 3 ,0 0 0 2 0 ,0 0 0 3 8 1 ,0 0 0
T o ta l m a r k e t e d ............................ 2 3 0 ,0 1 7 0 ,0 6 2 ,1 0 7 171,923 4 ,6 2 1 ,5 2 3
I n te r i o r s to c k s in e x c e s s ................. ‘ 2 0 ,2 7 0 431,611 * 1 8 ,2 5 3 5 3 2 ,7 1 0
C am e in to s ie b t d u r in g w e e k . 2 0 3 ,7 4 7
1 5 3 ,6 7 0
T o ta l In s ig h t J n n . 8 ................
8 ,4 9 3 ,7 7 8
5 ,1 5 4 ,2 3 3
S o r t h ’n s p in tie r s t a k ’g s to J a n . 8..

4 9 .9 6 0

9 9 6 ,4 8 0

3 1 ,4 5 0 1 ,0 1 3 ,6 4 5

The abovet otals show th a t the interior stocks have decreased
during th e 1vi ,*k ad 770 bale* and are now 13,205 bales lets
Tt will be seen by the above th a t there has come into sight
than a t sam<< Period last year. The receipts a t all the to w rs during th e week 203,747 bales, against 153,670 bales for th e
havebeen I t,,031 bale* more than same week last year and sinco *ame week of 1896, an d th a t the increase in am ount in sight
Sept* * they a re 754,477 hales more than for su n e tim e in 1895-6. to-night as compared w ith la st year is 1,339,045 bales.

J ancaby 9 1817.)

THE CHRONICLE.

89

V to h ile. A l a b a m a .—The week’s ra in fa ll has been eightyW e a t h e r R e p o r t s b y T e l e g r a p h —Our advices by tele­
graph from the South this evening denote th a t rain has been tw o hundredths o f an inch, on three days. Average th e r­
mometer 50, highest 69, lowest 28. R a in fa ll fo r m onth o f
quite general the past week and that in some sections of December three inches and fifty -s ix hundredths.
Arkansas, Tennessee, Louisiana, Texas and Mississippi the
M n n t o a m e r y . A l a b a m a —We have had ra in on three days
Ire cipitation has been rather heavy. The temperature has d u rin g the week. The therm om eter has averaged 46, the
teen a little lower. The movement of the crop continues highest being 56 and the lowest 42.
d a m s o n , F l o r i i t a . —Rain has fa lle n on one day o f the
fa irly liberal. Farm w ork is mariner eood progress in T i-xe .
G a l v e s t o n T e x a s . General rain a t the opening of the week week, the ra in fa ll reaching tw e n ty hundredths o f an inch.
p u t the ground, as a rule, in good condition fo r ploughing, The thermometer has ranged from 31 to 68. averaging 50.
S a v a n n a h ., G e o r g i a .—Rain has fallen on fo u r days o f the
and w ork lias been rushed the la tte r p a rt of the week. Some
reports are th a t the preparation of the land is better ad­ week, the precipitation reaching tw o hundredths o f an inch.
vanced than usual at this tim e o f the year. There has been The thermometer has averaged 53, the highest being 71 and
ra in on three days, the precipitation "being forty-five hun­ the lowest 32. M onth’s ra in fa ll six inches and eighty-six
dredths of an inch. The therm om eter has ranged from 39 hundredths.
- t u g u s t a . G e o r g ia
I t has rained on tw o days d u rin g the
to 68, averaging 54. December ra in fa ll tw o inches and
past week, the ra in fa ll being seven hundredths of an inch.
th irty -th re e hundredths.
P a l e s t i n e , te tr iis —We have had ra in on tw o days of the The thermometer has averaged 49, ranging fro m 29 to 69.
past week, the ra in fa ll being one inch and eighteen hun­ December ra in fa ll three inches and tw enty-three hun­
dredths. Average therm om eter 51, highest 76, lowest 26. dredths.
n a r i x s t o n , S o u t h C a r o l i n a . — There has been ra in on
December ra in fa ll tw o inches and fifte e n hundredths.
H u n t s v i l l e . ' e.r.n g - I t has rained on tw o days d u rin g the three days d u rin g the week, the precipitation reaching one
week, w ith ra in fa ll to the extent o f one inch and eighty- hundredth of an inch. Average therm om eter 53, highest
four hundredths. The thermometer has averaged 52, the 71 and lowest 34.
v o t e b u r g . S o u t h C a r o l i n a .—We have had lig h t ra in on one
highest being 76 and the lowest 28. R a in fa ll fo r December,
day of the week, the precipitation being fourteen hundredths
one inch and fift y hundredths.
of an inch. The therm om eter lias averaged 48' l , the highest
D a lla s
r - x a s . The ra in has been very beneficial to
fa rm ing interests. We have had ra in on tw o days of the being 68 and the lowest 26. R a in fa ll fo r m onth o f Deoember,
past week, the precipitation reaching seventy-two hun­ three inches and nineteen hundredths.
W i l s o n . N o r t h C a r o li n a . —Telegram not received.
dredths of an inch. The thermometer has averaged 47,
The fo llo w in g statement we have also received by telegraph,
ranging from 22 to 72. December ra in fa ll, one inch and
ihowing the height of the rivers a t the points named at
eighty-six hundredths.
d a n A n t o n i o . T e x u s.—The weather has been favorable fo r 8 o’clock January 7, 1897, and January 9, 1896.
fa rm w ork and the ground is in good condition fo r plowing.
J a n . 7, ’97. J a n . 9, ’96.
We have had rain on one day du rin g the week, the ra in fa ll
F e e t.
F eet.
being four hundredths of an inch. The therm om eter has S e w Orleans......
39
8-7
ranged from 30 to 76, averaging 52. December ra in fa ll sev­ Hemphia............
66
14*9.
enty-four hundredths o f an inch.
5-4
*aebvUle............
7-9
40
10*7
L u t i n g . J earns —I t has rained on one day of the week, the Shreveport......... ........Above zero of gauge.
9-7
28-3
ra in fa ll reaching ten hundredths of an inch. Average ther Vicksburg........... ........Above zero of gauge.
mometer 53, highest 76, lowest 30. R ainfall d u rin g Decem­
C otton Consumption and O verland Movem ent to J a n . 1*
ber eighty-five hundredths of an inch.
O o l u m o u i . T e x a s —There lias been heavy rain on tw o —In our editorial columns to-day w ill be found our usual
days of the week, the ra in fa ll reaching tw o inches and overland movement report brought down to January 1.
tw enty-five hundredths. The therm om eter has averaged 52,
India C otton Movem ent F rom a l l P orts .—The re ce ip t3
the highest being 75 and the lowest 29. M onth’s ra in fa ll, and shipments o f cotton a t Bombay have been as follows fo r
four inches and six hundredths.
i H e ro , 'T e x a s —We have had rain on tw o days o f the week, the week and year, b ringing the figures down to Jan. 7.
B O M B A T R E C E I P T S A N D S H I P M K N T 8 P O B F n U H T B a BB.
to the extent o f seventy-two hundredths o f an inch. The
thermometer has avei aged 52, ranging from 28 to 76. D ur­
S h ip m e n ts th is w eek.
S h ip m e n t* s in c e S e p t. 1.
R e c e ip ts .
ing the m onth o f December the ra in fa ll reached one inch T e a r G re a t C o n ti­
C o n ti­
G reat
T h is
S in c e
T o ta l.
and fifty -fiv e hundredths.
B r iV n n e n t . T o ta l. B r i t a i n n e n t .
W e e k. S e p t. 1.
a ren h i m T e x a s . - Rain has fal len on tw o days o f the week,
13.000 13.000 4.000 1 L0.000 114.000 37.000 342.000
to the extent o f one inch and fourteen hundredths. The *96-7
17.000 17.000 6.000 14 *,000 154.000 54.000 586.000
thermometer has ranged from 28 to 74, averaging 51. De­ *95-6
*94-5
5,000 5,000 1,000 39,000
40,000 30.000 179.000
cember ra in fa ll one inch and n in e ty-fo u r hundredths.
93 4 i,ooo 24.000 25.000 10,000 135,000 145.000 41.000 329.000
F o r t W o r t h . 'J e x i t s —We have had ra in on tw o days dur­
S h i p m e n t s f o r th e w e e k .
S h i p m e n t s s in c e S e p t. 1.
ing the week, the precipitation being eighty-three hun­
G re a t
C o n ti­
G re a t
dredths o f an inch. The therm om eter has averaged 49,
T o ta l.
T o ta l.
B r ita in .
n e n t.
B r i t a i n . C o n tin e n t.
the highest being 74 and the lowest 24. December ra in fa ll
tw o inches and a-half.
tjaloatta—
W e a t h e r f o r d . l e x a s . —There has been rain on tw o days
3,000
3,000
3.000
13.000
16,000
1896-97...
5.000
7,000
12,000
1895- 96... ........
d u rin g the week, the precipitation being seventy-two hun­
JJadraedredths o f an inch. The therm om eter has averaged 51,
189697...
2,000
9.000
14.000
2,000
23.000
ranging from 27 to 74. December ra in fa ll tw o inches and
16,000
12.000
28.000
1895- 96...
All others—
fo rty-tw o hundredths.
3.000
12,000
31.000
43.000
1,000
189697...
2,000
N e w O r l e a n s . L o u i s i a n a . — Rain has fallen on three days of
19,000
45.000
l,00o
1.000
27.000
189596...
the week. Average therm om eter 55. R a in fa ll in Decem­
ber three inches and seventy-seven hundredths.
Total all—
24.000
58.000
82,000
2,000
6,000
8,000
189697...
S h r e v e p o r t. L o u i s i a n a . We have had ra in on three days
39.000
46.000
85,00©
1.000
1,000
1895-96..
of the week, to the extent o f tw o inches and eighty-nine
E X P O R T S TO B C R O P 8 PROM A L L IN D IA .
hundredths. The therm om eter has ranged from 30 to 73,
averaging 49. December ra in fa ll seventy-five hundredths
1895-96.
1894-95.
1896-97.
S h ip m e n ts
o f an inch.
to a l l E u r o p e
S in c e
T h is
S in c e
T h is
S in c e
T h is
C o l u m b u s , M i s s i s s i p p i . —December ra in fa ll one inch and
fr o m —
S e p L 1.
w eek.
w eek.
w eek.
S e p t. 1.
8 e p t. 1.
six hundredths.
e i a n a . \ l m s i s s i p j n .—We have had rain on three days of Bombay ...
40,00©
13,000 114,000 17.000 154,000 5,000
64,000
82,000 1.000
85,000
the week to the extent o f tw o inches and tifty -e ig h t hun­ YUother porta 8,000
dredths. The therm om eter has averaged 39'6. ranging from
Totini
21.000
196.000
5,000
18,000
239,000
104,000
24 to 67. R ainfall fo r m onth o f December ten hundredths
of an inch.
A lex an dria R eceipts and S h ipm en ts .—Through arrange­
V i c k s b u r o , M i s s i s s i p p i —I t lias rained on three days dur­ ments we have made w ith Messrs. Davies, Beuacbi & Co., o f
in g the past week, to the extent o f tw o inches and seven Liverpool and Alexandria, we now reoeive a weekly cable of
hundredths. The therm om eter has ranged from 29 to 71, the movements of cotton at Alexandria, Egypt. The fo llo w in g
averaging 48.
are the receipts and shipments for the past week and fo r the
n i l - n o n e , A r k a n s a s —We have had rain on three days oirresDOndinv week o f the previous tw o years.
of the week, the ra in fa ll reaching five inches and ninetyA l e x a n d r ia . E g y p t,
six hundredths. Average therm om eter 46, highest 70 and
1894-95.
1895-96
1891-37
J a n u a r y 6.
lowest 24.
H e le n a . A r k a n s a s —There has been rain on three days of Receipts (oantars') ....
190,000
140,000
165,000
the past week, on tw o o f w hich heavy, the precipitation reach­
This week...... .
3.999.000 i 3.8 78,000
3,108,000
1...........
ing tw o inches and ninety-nine hundredths. The thermometer
S in c e
S in c e
T h is
has averaged 44, the highest being 64 and the lowest 21.
S in c e 1 T h is
T h is
w e e k . S e p t. 1 w e e k . S e p t. 1. w e e k . S e p t. 1.
M e m p h i s . 'le n n e s s e e . —We have had rain on three days of
the week, the ra in fa ll reaching three inches and sixteen hun­ Exports (bales,—
dredths. The therm om eter has averaged 46'3, ranging from
To Liverpool
8,000 192,000 16,000 218,000 8.000 149.000
15.000 15 L,000 19,000 159,000 9,000 160.000
1\» ^ontiD ent.i
21 to 68.
N a s h v i l l e . T e n n e s s e e — I t has rained du rin g the week to the
23.000 313.000 34,000 377,000 17,000 309,000
Total Europe.
extent o f seventy-seven hundredths of an inch. The ther\ o a u ta r
98 pounds
'
mofneter has ranged from 19 to 67. averaging 42. December
I
1), H I ' b i i n e . I d 1895-98,32,495
ra in fa ll one inch and seventy-nine hundredths.
1 baler, in 1*94 95, 22,929 bales.

THE

CHRONICLE.

t VOL. L i l V .
t o t a l b a its .

f t . — O u r re p o rt n a v i 'l l by c a b le
,» |!
■! - , m a l e s u i i t t t i o ' o a r . o . t* lir a * ' o r
t h e d e m a n d f o r C h in a is
H.'<>4 i l i a n l t i m *. i i r u n g s .
- a f u r t o * h lo w a n d l e a v e
*
\!ii.1
:
. o f t . is a m l 1 n t vi* i r f o r c o m p > ri* o u :
Ifc-tSPI f t p i Rtirkwi
1895*38
i
t
s
#
IT*
j\
|S»^l 444* Sh*rlA ffo tr ,,
j
iMk
cmnMQm If id,
I 8 S9 &*}»■
M M , l 3S# w j5^
I®
UplH
j fliM
1
*ms*L
■w p iim < fw iS i, j
)|A J t3 3 ;S *

N « w ' n u .K i s s — To L iv e rp o o l, p e r a te a m o is F lo rid ia n . 3 .5 8 0 . . .
O ill cn, 3 ,-ISO . .. H o g a r t h , 2 .9 * 5 ...V e s ta , 6 ,8 0 0 ................ 1 6 .5 5 5
T o Mn>.ouest -r. p e r s tv a rn e r L a u re l B ra tio h . u .5 0 0 .......... ..
6 ,5 0 0
3.O. 0
T o H u ll, p e r u lna ui*r d ts lo to n d a le . 3 ,0 10. . . . . . . ..................
T o H a v rn , p e r 8 te*iD «r M n aie z n u ia . 1 4 ,850 . . ....................... 1 1 ,8 4 0
To B re th e u . pur »to«tB« a w -tr, 9 ,6 4 0 . . . 8 t O sw a ld , 4 ,6 v 0 .. 1 4 ,2 5 0
T o H u tte rd n m . p e r -I 'in n e r ff itr,lo n g e r, 8 5 0 ........ ........ .............
350
T o 1.1-b o n , p e r sn ip F e r r a r a . 3 0 0 .......................................... .............
300
T o B a rc e lo n a , p e r s te a m e r M lgnel .Tover, 1,9 0 — .................
1 ,9 0 0
T o O a n o a. p e r Mtea u o r T o rg e a te ,3 fto i ...................................
3 ,5 0 0
1,100
T o rr ta s to , p e r stu n n e r re rg a s te . 1 . 1 0 0 ......................................
O A LvE iruN —r . L iv e rp o o l, m ir s te a m e r R ita , 8 ,1 8 5 ........... .
6 .1 8 5
T
o
H
a
v
re
,
p
e
r
a
t
u
s
i
n
s
r
K
e
n
d
a
l
C
a
-tle
,
s
,2
8
0
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
,2 3 0
j: 4.
d,
#. d.
* 4* | d .
4l
4.
T o B r e o e u . p e r 8 te a m a r F u lw e ll, 5 . 20s ........................... ..............
5 ,2 0 8
4 4 # 8 10 ; 4*»f j6% * 7 % 4 5 a 6 s
Pee i
T
o
On.
e
n
lia
g
e
n
,
p
r
s
te
a
m
e
r
C
h
o
ra
l
m
d
a
le
,
1
,
2
0
0
.
.
.
.
.
.
.
.
.
.
.
1
,2
00
, !• U a7*,B 4 5 % ® 6 8 ! 4*»ll
4 1 # u f* j:
510
T o H a m b u rg . w*r s te a m e r E le u m o o r. 5 • o ........ ......... ................
«% # 7 1 * - 4 5 Hi# 6 8 ; -U«
4 a
ii^
B
n
iU
L
E
-T
o
L
iv
e
rp
o
o
l,
p
e
r
s
te
a
m
e
r
R
oy
lis
t,
5
,
i
6
5
.......................
5
,2
65
I 4t*A \6 U i« » 7 L » 4 5 » 6 7 H i>*
4 a # s %. ■
P e n s a c o l a —T o L iv e -p o o l, p e r s te a m e r N e tb e r g a te , 1 , 4 9 4 . . . . . . 1 ,4 9 4
i«% # 7 ls ;4 5 'n .r ii 8 I 4*Si
4 t # 6 ^ :! 4
** 31
To Cam pion, p e r s te a m e r U to, 2 5 0 . . . ............ ..
. . . . . . . ...
250
O k #7** 14 5 J « 8 1 4 iv s >
T%:! 4
JmiL W S ? * T h i4
S a v a n n a h —To L iv e rp o o l, p e r s te a m e r A M erly, 5 ,7 5 i u p la n d
a n d 3,4 9 3 S e a Is la n d ........................... ........... - . . . . . . . . ............ 9 ,2 4 8
1Q 0 'rto ? < H a i tU PACTOHlNO a t F a l l R i v e r i n 189 o. — I n o u
T o B re m e n , p e r s te a m e r 8 tr a th b u r n . 1 1 ,8 9 0 ........ ........................ 1 1 ,8 9 0
To n a rc o o n a , p - r s t - n tie r G a rla u its , 5 2 8 1 ............... ................ 5 ,2 8 1
• d U f t i W a o l u i d o n t b w w e e k w illi b e f o u n d a n a r t i c l e u n d e r
To O e u e a , p a r s te a m e r K m g sw o o il, 4 ,4 5 0 .......................
...
4 ,4 5 0
t h i t b o i f e tp iio n .
B so N s w to tt— l ’o L iv e rp o o l, p e r s te a m e r M aro a , 1 9 ,3 7 1 ................ 1 9 ,3 7 3
o ? i ulamd GoTTOJt H ivement ,—We have received this OflAULKSTON— Co B e m e n , p e r s te a m e r s M ali, 8,7 1 7 ...N o r d k a p , 5 ,6 7 3 ..................... .......................................................... ............... 1 4 ,3 9 0
iFriday e.'oalud uy .altigraph from the various ports the
To tta ro e lu n a , p " r n a rk M arla A n to n ia . l . u M ...........................
1,2 5 1
detail* of the 4 -a l*Hmt cotton movement for th e week. The P o u r R u t al - l’n L iv e rp o o l, p e r s te a m e r s H U lorag, 5 ,9 9 0 —
W an.eU i H u ll, 8 ,1 1 2 ............................................................................. 1 4 ,1 0 2
raceipt* f «r the «■ >k ending to-night (Jan. 8) and since
e rp o o l, p e r s te a m e r s D o rse t. 5 ,8 3 5 ___ W llderSc pi. I, litis, the «oei»a to-nignt, and the same items for the No r f soplokn—l,7111.5L0 iv
0 . . . ........................................ ........................... ............... 1 3 .3 3 5
eotTestoondiog s s d a d s o f 1HO";- HI. are as follows.
T o B re m e n , p e r s te a m e r B re tw a ld a , 7 ,9 0 . .......... ........................
7 ,9 5 0
N E W P o ar M ew s— To L iv e rp o o l, p e r s te a m e r K a m w li* . 1 ,5 0 9 .. 1 ,5 0 0
Mock
1895-98.
1896-97,
B o s r o s - T o 1,1v e n t o l, p e r s te s m a r s A n g lo m a n , i , 9 i 5 u p la n d
an-1 5 61 S ea ts la n ! ... O s s t i t a n , 8 ,7 8 6 ___O o iln tk ia , 3 ,0 9 8
M m eipis
JfttM. §*
S tn c s
T h is ; S i m s
Thu
S a e h m . 3 ,3 3 2
V ic lto rla a ,8 .0 9 9
..................... . . .
2 5 ,7 9 1
S ep t. 1. 1897 1890
w m k . Sepl, 1,
B a l t im o r e - Co L iv erp o o l, p r s te a m a r U is te r im r e , 3 , 3 3 2 .. .. ..
3 .5 3 2
T
o
B
e
if
.is
t,p
e
r
s
te
a
m
r
L
o
n
'U
m
d
e
rrv
,
192.
.......................
192
8AtAB.?jah 2 ,4 3 » 7 1 ,8 2 d 2 ,3 9 9 03,7 6 3 2 7 ,8 3 8 1 7 ,533
To
B
re
m
e
n
,
o
e
r
s
te
a
m
e
rs
W
eim
ar
2
.5
7
0
...W
llle
n
a
ii,
1,0U2
3 ,5 7 2
299
9,0 2 3 0,3 74 2,4 7 5
*127
C h*ri**u*a. Jte .
..........
To
R
o
ite
rd
s
m
,
p
e
r
s
te
a
m
e
rs
F
a
ta
p
s
o
o
,
1
9
9
...,R
n
b
e
n
s
te
in
,
0 77
4,501
244
*,239 3,0 0 2
F lo r id a .^
288
450
1‘a b se o o . 2 » 9
IT rbim i.full*.......... ..............................
1,138
To A n tw rro , p e r s te a m e r S c o ttis h K in g , 1.7 ,0 ............ ...............
1,7 0 0
2 ,9 5 4 8 5 ,9 9 6 2,9 4 1 77.074 37,2 1 4 2 0 ,685 P h il a d e l p h ia " i ’o L iv erp o o l, p e r s te a m e r I n d ia n a , 4 5 2 ..............
T m a L ..................... ..
452
I’o A n tw e rp , p e r s te a m e r Illin o is, l o o .............. .. ............ ...........
100
I h e r t* - ..ir ic f o r t h e w e • s e n d i n g t h i s e v e n i n g r e a c h a
S
an
P
r
a
n
o
iso
u
—
C
o
J
a
o
a
n
,
11-r
s
te
a
m
e
r
B
elgio,
2
,6
0
0
...................
2 ,6 0 0
to ta l of
o a le » o f w h i c h 1,8 8 9 h a le s w e r e t o G r e a t B r i t a i n ,
To C h in a, p e r s te a m e r B eigio, l u ..................... ............... ..................
10
2 fti t o F r a n c * a n ! — t o Rs i t, A m i t h e a m o u n t f o r w a r d e d o
...................... 2 4 6 ,3 7 2
N o r t h e r n m ilU n s * b e e n 1 ,4 - 8 u a le s ,
B e lo w a r e th e e x p o rts
T o t e ! ......................................... ............................. . . . . .
f o r t h e w o k t o d l i n e n S e p t e m b e r 1 i n 1 8 9 6 -9 7 a n d 1 8 9 5 -9 6 .
B e lo w w e a d d t h e c le a r a n c e s t h i s w e e k o f v e s s e ls c a r r y i n g
c o t t o n from U n i t e d S t a t e s p o r t s , b r i n g i n g o u r d a t a d o w n t o
W M t Bm&Mg J m i.B . /Since Sept. 1, 1896. M orlh'n M ills
Mrpori*
th e la te s t d a te s :
Since
G reat F rfm s
G reat F r'nce
frw m ~ m < ai. B riV n
Total. Week. Sept. 1. S alvbston —To L iv e rp o o l—D ee. 3 0 - S t e a m e r G la sg o w , 4 ,9 9 9 ........
do.
B r i f n ..
D m 3 1 —S ta u n a r F e n m o o r, 5 ,8 0 0 ___ I in . 2 —It, ' v e e r s B e rn a rd
H a ll, f>,4i3; C ro m w ell, 7 ,1 8 1 . . . J a n 6 —S te a m e r T r e a s u r y , 6 ,7 0 5 .
Sreiiboii'lu &:&
12,022 2 ,7 7 6 14,798 1 ,110 15,898
To .M an ch ester —0e'>. 3 1 —S te a m e r P u rM ste u , 11,310.
20
793
1,938
1,933
T
o
H a v r e - D s o . 3 1—S te a m e r K n n ta fo rd . 6 ,277.
4,501
'F lorid ml * 0 .
238
T o B re m e n —J a n . 7 —S te a m e r A d ra , 6 ,7 -0 .
H #w T o r i,.
201
2 8 4 6 .3 )5 3 ,3 3 2 9 ,0 8 7 . . . . . . . . . . . .
To
H a m b u rg -J a n . 6 —S c e im e r Te n in. 3 ,001.
__.
.
.
B m U m ......... i ,s ¥ ii ____
......
4 .0 0 J
1,8 3 9 4,001
To R u t- r r ta m - D 'O . 3 0 —S te a m e r U rd , 2 ,4 9 3 .. . . J a n . 6 —S tn a m e r
B a i tim o n s ,,
102 . . . . . . ..........
102
..........
A x m in s te r, 1.34L .
To V o n C ruz - J m 2—S te a m e r TJto, 881,
T o ta l. . . . . 1 3 8 9
2 6 1 2,1 5 3 2 1 ,3 1 3 0 ,2 1 0 3 0 ,5 2 8 1,418 2 1 ,1 9 2
N e w O r l e a n s —t o L i v e r p o o l- J a n . 4 - S t e a m e r G n a d ilo n p e , 3 ,0 7 0 —
J a n , 7 —s te a m e r E u ro p e a n , 1 9 ,3 0 0 .
282
4 1 0 25.3 6 9 5 ,3 6 0 3 0 ,7 2 9
T o ta l 1895-6
128
9 0 2 2 6 ,045
To M i o o h a a 'e r - J m ft--S te a m e r P h o tn ar W t v m a n , 3 ,2 3 1 .
N o t e .- its " i .3 7 0 b ale* re p o rte d to u s a s 8 e » I d s n r t s h lp n e d fr o m
To B e lfa st— Ia n . 7—S t e u u e r R am o re H e a d . 2,7 5 0 .
S r s u K i t ! l i t 'rn ri- w as u p la n d o o tto a . The a m o u n t U th e r e f o r e
T o D ublin —Tan. 7 —S te a m e r lu is h o w e n H oad, 1,0 4 8 .
d«*foet«4 fro m a b o v e s ta te m e n ts o f re c e ip ts a n d e x p o r ts .
To B re u e n — I a n . 4—3 te a n e r L m b f a y , 6 9 0 J.
To V ncw erp - J a n 4 —S te a n e r M oorish P it 10 1. l.n o J ,
Q notui >rn ( hh. 8 at Savannah, for Floridas, common,
To C ip e n b a g e n - J a n . 4 - s t e a m e r El Is-void, 1,5 9 9 .
10c.; ao-dium tin t3 ' jC.; ohoice, 16c.
To B a oeionii J a n . 4 —-to a m e r P u e r to S lo o , 2 ,9 0 0 ___J a t. 8 —
Ohar'-*ir.»n. Carolina#, medium fine, Wo,; line, 21c.; fuUv
S te a m e r C a ta lin a , 6 ,2 1 3 .
fine, 25 c}24c.
T o M a la g a —J a il. 4 —S te a m e r P u e r to Rioo, 1,0 0 0 .
To G en ) a - J a n 4 —S te a m e rs lilir a , 2 .3 7 0 ....1 in . 5 —S te a m e r SolnE kchAN'i r . i — The following exohanges have been made
d u . 7.1 0 0 . . . J a n . 6 - s t s a t n e r O ita lln a , 2,963.
during the week:
To CrieM* J a n 4 —s te a m e r fU lra, 1,400.
- J in . o—S te a m e • O a tle E la n , 1 , 9 ) 7 .
*S9 pd. ta
00 J tm. tor Mat 12 od. to tr o l l . 3 0 0 t in . t o r Mob. M o bToi l eB r ePmi Ue nr- Jra n100I
. 7 —3 te n a u r D altn aU y , 5 ,300.
*15 tnt teexdh. 2 .toil
Viit. •25 p d . to e i d i . 5 0 0 N o v . fo r Iitly .
*1.3 Mi to ©sell. J00 Im ® for Mob. ■27 pd. to e x o f . 3 0 i Full, fo r J u n e . P e n s a c o l a — To L iv e r.100I —J a n . 1—S te a m e r L e o n o ra , 5 , 3 0 ) . . . . J a n . 7 —
S te a m e r M aria, 3 . J 6 ).
*12 pC1 2 . 0 0 « f t %t 4u<- •0 1 pd. to e x o h . * '0 doll, fo r A pr.
■UVANN.AU-to H h u n t - J a u 3—S te a m e r T hor. 4 ,8 6 3 .
• l \ P 4 . teuton. , 0 *0 M t • for Aa2.
f . M e t . |i . 2.50 I M eti fo r M iy ,
O H A iiL ssros— i’o B r e in m —J a n . 6 —S te a m e r H a ro ld , 4 ,3 3 1 .
*02 M, te e t c h . *00 si.ih for S o v . j •I•2 4t oml.
to ( 'to ll. 3 .t) Vf,; 1 foe fitly,
‘OUT R o rA L — Co L iv erp o o l J Vi. 7 —s te a m e r C m . 5 .5 7 J.
Oct. for A«« |
pd. to nadiu
-as pd. id Axoh. 100 Mob for Aug. 1■03 p d . to o r c li. 50C F ab . fo r M oh. No b f h . k - T o L tv erp m i—J a i. 1—S te a m e r P la n e r’s P o in t, 2 ,1 5 4 .
To L e ith —J a o . ' —S te a m e r B e lm n i, nOO.
Jtrre Botta B AOiiso , &—o . —The m arket for jute bagging
T o ------ — J a n , 6 - 3 r ,-a m e r ----------- , 2 ,3 a 0 .
has be quiet during the week u id ir review at i-eohiaged Ve w p o s t S ews —Co L lA 'erpooi—J a n . 2 —S te a m e r R ip p a h m n o n lc , 949.
B
o
s
t o n - T o L iv e rp o o l—Deo. 3 1—S te a m e r R o m a n . l,o 7 tl u p la n d a n d
prie^s
for 1?^
ibi. 5c. f i r 2 lb s and *»i£o. for
-■ •%aX-...........
'4 Ibu,
9 2 4 S ea I d m d . . . D o 3 1 —S te a m e r P u v o .la. 1.133 . . . J a n . 4 —
standard grains in a j iHbiog way. C ir load lote of standard
S te a m e r U iolilgan, 1,161 n o la u d a n d 8 0 0 S e a I s la n d . . . J a n . 5 —
r.ron u ir- t ,tc I at
f ir 1% lba„ 5:. for 3 Ibt. aaaSVfo.
S 'e a tn e r P iu lv le ip b la n . 2 ,0 3 9 .
To Y in u iu b —Deo. 3 1—S te a m e r B o sto n . 71,
?‘>r lb*, f. o. b. at New York. Ju te butts are alow of
t im o r e — Co H a v r e —Don. 3 1 —S te a m e r A ln w ick , 2,100.
*l I • *6 :. for j>ip-r (juitity, 1 § 1 ' 4 J. f i r mixing and -ia lTo
B re m e n —-I m . 6 - S te a m e r A aobea, 9 0 0
na.-gmg 1n 1 !% \ for eommiog In n s, all to arrive. 'From P h i l a d e l p h i a — Co L iv e rp o o l—Deo 3 1—S te a m e r R h v a ta n d , 5 5 1 .
1!‘ "kfd. Ir t A Fu.) fit Go.'e oircu tir we learn tm t the dsliv- T aco m a — tt» J a p a n —Deo. 3 0 - S t e a m e r M aoduS , i , a o ) .
•r**“ <>f jf '« bur, a and rejections a t New York and Boston I a n F r a n c isc o —To J a p a n —J a n , 7 —s t e a m e r P e rn , 990.

during D'cemlcir were only 2 3)0 bales, against 815 biles for
ttc tam e month last rea r, but for the calendar year 1836 the
deliveries r.'.iohrd only 313.818 biles, against 411,733 bales in
I H.i) 1 nsorters and soeculators a t N *w York and B aton on
Ii.-c«rijbsr 31 hsld 00 stock, against 31,6)0 bales at the corresponding date to 1393: the am ount a f i m for the United
a u -s r u n m 13 1,153 oitei ig n m t 3 51 3 18 oalas lis t year.
t a m o n N sw a.—The export* of cotton from th e United
we®*c' m P«r fdf«st nulll returns, have reached
hsi''i . -No far as the Southern ports are concerned these
are i m -a n.. -xports reported bv telegraph and published in
the Ciirdviole last Friday, W ith regard to Now York we
iooluaf? %m
of all v m Is cleared up to Thursday.
* * '*

L iv e rp o o l, p e r s te a m e r* K aln o w . 3 ,2 5 8 T o M
m a m ^ m e , 3. Ml*
__
T 4 8 a 1. o o f * te» m « r i l l s Kr«. 1,021
T o Ms
• •D o r Vas n"jr*>......
y th , it) .... ..’. " ..I " ill
r •n ,
, * ns a* i' , -i B ’ire»4
t«■
g■.t« , •l.o—
n g 'n p ik a 'i o n ,l 2*6*1
Sc*
»I ... fe-rtor. 1
;
To Sf
*n. 0
M d e r, a j i . . „
TO A
ttm m . o^r * » j h v» Z l»ud VO , t o n
To (X u *%
■.
*t •# no # #1Uiii% X.
■e m i t to o . . . .

Tf. nr’

T o M 4 *1Ms, pnf *%4% n *f4 \ :1#1%\m,. to n .
To r rl *4t *, p*r «*%* * n o r P* o i <U\ ? *o
To Fooiok». p#r m % tiir p *i i'lld *00 ,

b a ltr t

r,

l -5 2 t

’T o
1,383

832

100

1.313

C lo tto n f r e i g h t s t h e p a s t w e e k h a v e w w n a s f o l l o w s .
S a tu r .

M on.

r?*e«i

W ednts. T fiu rs.

J't |.

Li v e rp a o l.a s k e d .d . 1S128
16159
16D8
“ ns
15I28
Do
_____. . . d .
...
__
....
...
....
( I * v r e ______ ____ r, s m t
3 1 HU
3 U st
31 *a*
31*31
31*si
1)0 ____. . .. c .
301
30'
30t
30t
301
301
B re m e n ........ . . . . d .
Do
. . . . . . . .d .
30t
301
3)1
30
301
301
H a m b u r g ............d.
....
....
Do
........ ,d .
....
....
A iriftterdam . . . . . c . 30-3 iHa1 30-12 *3 30-32 mi 30-32 *fll 30-32*a< 3 0 -3 2 ia
B ev a l, v, H a in b „r/.
1*64
ic «.
“ a*
««*
l5 m
«6«
Do v. H u ll...tf .
1 \4
I3«4
>%i
>»«*
13B4
a iiro e lo n a .............d.
351
351
351
35i
G e n o a ............. . . . d .
351
35i
r r lim te .- ,..............d .
he
*41«
a18
A n tw e rp ............... d.
533
&«2
93S
»12
s ia
9 b e n t, v. A n tw ’p.tf.
3ie
he
318
3i«
®te
Sl«
I O ente n e t p e r 1 0 0 lb s .

1.12.3
U tV ER PO O L. —B y " a R lp f r o 11 I j i v e r p o o l w e 6 h v • t h e f o l l o w i n g
27i»
3DO s t a t e m e n t o f t h e w e e s ’s s a l e s , s t o c k s , fe e ., a t m a t p o r t .

January

9, 18i>7 J

THE CHRONICLE

J a n . 8.
D ec. 31.
D e c. 24
D ec 18
44.000
58.000
65.000
77.000
Sales of the week........ bales
1,7001
1,900
900
1,000
Of whioh exporters took...
1,7003
400
300
1,800
Of which speculators took.
39.000
51.000
74.000
62.000
Sales American......................
3,000
6,0001
5,000
8,000
Aotual export........................
50.000
71,000
72.000
81.000
Forwarded..................... ........
Total stook—Estimated......... 856.000 912.000 999.000 1,071,000
Of which American—Estlm'd 722.000 763.000 854.000 919.000
130.000 133.000 145.000 149.000
Total import of the week,
115.000 106.000 134.000 127.000
Of which American.__
324.000 367.000 335.000 378.000
Amount afloat................ .
320.000 360.0001 330.000 373.000
Of which Amerloan......
The tone of the Liverpool m arket fo r spots and futures each
i a y of the week ending Jan. 8 and the daily closing prices
o f spot cotton, have been as follows.
S a tu r d a y M o n d a y .

S p o t.

Market, j
1:45 F. M. J

•

M ld-U pl’d s .

F u tu re s.

Market, j
1:45 p. M .\

{

4132

331 2

12,000

10,000
500

Market, J
4 P. M. $

F r id a y

1 .0 0 0

4
12,000
500

4
1 2 ,0 0 0

500

Steady.
4
12,000
500

Steady at Steady at Steady at Quiet at Steady at
2-64 ad­ 2 64 @3-64 1-64 ad­ partially 3-64 ad­
vance. 1-04 adv. vance.
vance.
decline
and
Steadv. Quiet
steady.

Firm.

Very
steady.

Barely
steady.

The prices of futures at Liverpool fo r eaon day are giv. n
below. Prices are on the basis of Uplands, Low M iddling
clause, unless otherwise seated.
. f v T h e p r ic e e a r e g iv e n i n p e n c e a n d
T h u s : 3 63 m e a n t
S 63-64d., a n d 4 01 m e a n s 4 l-64d.
(
K ri.
W ed.
Thum .
S a tu r . > JTIon. T n e s .
J a n . 2 to
1:45 4 1:45, 4 1:45 4 1:45 4 1:45 4
J a n . 8.
P . M . P . M. P . M. P . M . P. M. P . M . P . M. P. M. P . M . P . M
Ja n u ary ....
Jan.-Feb...
Feb.-Mareh.
Hoh.-April..
April-May ..
May-June..
Jnns-July..
July.-Aug ..
Aug.-Sept..
8 e p t.- O o t...
Oot.-Nov...
Nov.-Dee...

d.

o

a)

d.

d.

d.

d . \ d . \ d.

d

3 6r 3 53 3 56 3 55 3 59 3 60 3 59 3 58
3 6" 3 53 3 55 3 55 3 58 3 58 3 58 3 57
3 59 3 53 3 5 s) 3 55j3 57 3 53 3 58 3 57
3 60 3 58 3 55 3 55 3 5 ^3 58 3 53 3 57
3 6<' 3 59 3 56 3 50 3 58 3 59 3 5< 3 57
3 61 3 60 3 57 3 56; 3 59 3 59 3 59 3 58
3 6*2 3 6" 3 57,3 57 3 59 3 60 3 60,3 59
3 62 3 61 3 59 3 53 3 60 3 61 3 60 3 59
3 61 3 60 3 57 3 56 3 59 3 59 3 59 3 58

tinued buyers. The sales included No. 2 mixed at about
30%c. f. o. b. afloat and No. 2 yellow at 31c. delivered.
D A ILY CLO SIN G PR IO N S OV NO. 3 M IX E D C O B S.

Sat

...1

Tues.

W ed .

Thun.

F r i.

d.

d.

3 60 3 61
3 59 3 60
3 59 3 60
3 59 3 60
3 59 3 60
3 KO 3 61
3 61 3 62
3 61 3 63
3 60 3 61

M on.
F**i,
S a t.
Tues.
W ed.
T h u rs.
22
January delivery.......o. 22*8
22*4
22
22*
22*4
22 7t
February delivery....... o. 23
22*
22*
22**
22*
May delivery;___ ___ o. 23 7s
23*
23*
23*
23*
23*
Rye and barley have been in better export demand and
steady.
The fo llo w in g are closing quotations:
PLODR
fine................ 9 bbl. * 1 0 0 ® 2 90 Patent, winter...... . #4 759 5 20
Superline................. 2 300 3 25 City mills extras__ 5 C © 5 10
itxtra. No. 2 ............. 2 759 3 40 Bye flour, superfine., a 7 0 » 3 10
Sxtra, No. 1 ............ 3 409 3 90 Buckwheat flour.... 1 1 5 9 1 25
H e a r s . . . ............................. 3 6 0 9 4 60 Corn meal—
Itra lg h u .................. 4 309 4 75
Western, <feo......... 1 95 a 2 05
Patent, spring......... 4 609 4 85 Brandywine...........
210
[ Wheat flour In sacks sells at prloes below those for barrels.!
GRAIN
Wheal—
e.
o.
Corn, per bush—
©.
e.
Spring, per bush.. 83 9 96
West’n mixed...._ 26 9 31
Bed winter No.
95 9 93
No. 2 mixed.......... 29=9® 30H
Bed w inter.. . . . . . 85 9 99
Western yellow... 27■»© 32
Hard, No. 1__ _ .. do's© 95®$
W e s te rn W h ite ___ 2 7 H 9 32>s
Oats—Mixed, per bn. 1ft 9 23^ R y eWestern, per bush. 42 ». 47
White.................... 21 9 3 1
So. 2 mixed...... _ 22V,© 2uq
State and Jersey.. 42 9 47
So. 2 white___ . . . 2 4 ^ 9 26*a Barley—W estern.... 43 9 50
Feeding...... .
32's9 331*
The movement o f breadstuffs to m arket as indicated in the
statements below is furnished to us by the S tatistician o f the
New Y ork Produoe Exchange. We firs t give the receipts at
Western lake and riv e r ports, arranged so as to present the
comparative movement fo r the week ending Jan. 2, 1897,
and si ioe August 1, fo r each of the last three years:
Flour.

Receipt* a t—
:

M on.

29=8 29=8 29*4
29=8 2*3,
29*4
31*
311*
310)
May delivery
___ 0 31*
31=8
31 *8
July delivery............... -C. . . . .
327e
32\
32=8
32*6
32*
Oats for future delivery have continued quiet and there has
been a gradual sagging of values under free offerings from
the West prompted by a fu ll movement o f the crop. A ma­
terial deciline in prices, however, has been checked by an
active export demand, the purchases by shippers in the spot
market during the past week amounting to 1.000,000 bushels.
To-day the m arket was quiet and easier. The spot market
was fa irly active but at slig h tly lower prices. The sales in ­
cluded white clipped fo r export on private terms; No. 3 mixed
at 22j^c. in elevator and No. 2 w hite at 24J^c. in elevator.

J a n u a r y -------- ---------

D A IL Y CLO SIN G PR IO N S O P N O . 2 M IX E D OA TS.

Good
Harden'g. Quieter. Harden’g. demand.

>%

3
5
O
W

Speo. A e x p .

T u e s d a y . W ed ’d a y T h u r s d ’y

91

1 . 1. . . .

...

W heat

Oorn.

O ats.

Barley.

Rye.

190 b* Buth.GOibt Bush. 5615# Buah.32lbt B o th . 48lbs B u th .b e lbs
20.831
172.206 1,479.226 2,225.287
895.700
58,330
130,000
25.350
276,000
83 200
68,400
133,8' 0
1,163
469,840
18l,50i
23,204
29,273
2,5' 8 1,051.570
22,160
370,000
240,500
01.300
881
3 000
4,900
8.950
61.075
40.6*7
50,213
01,914
373
13,716
14.516
10,675
19.390
143.504 1,06*.Sun
272,80n
72,000
3,600
25.890
H,05'»
516.600
295.000
8,400
74.200
71,000
492,0 >0
88.000
J53.596 2,19 \yifl 4,496.W5rt 3,780,577
705,94 7
100,024
141,815 3,188.064 2.129,5*0 2,143,553
608,9.9
48,219
05,012 1,101 710 1,570,141 1,078,245
400 331
29.953

B b lt

B R E A D S T U F F S .
F r id a y . January 8. 1897
There has continued a quiet market fo r wheat flour. The
home trade has lim ited its purchases almost exclusively to
actual requirements, and the export demand has also been
light. Supplies in sellers’ hands, however, have been very
moderate, and values have been fa irly well maintained,
although at the close a weaker market fo r the grain caused
an easier undertone. Rye fl m r has had a lim ited sale at un­
changed values. Buckwheat fl m r has sold slowly and prices
have weakened 10c. per bag. Corn meal has been in fa ir re
quest at steady valu<“ . Tc-day the market for wheat flour
was quiet and w ithout change.
The speculative dealings in the market fo r wheat futures
have been moderately active. E ir ly in the week the course of
prices was upward, as unfavorable weather conditions at the
West fo r the growing crop and stronger foreign advices
stimulated a demand from shorts to cover contracts and also
induced some buying fo r investment account.
Subse­
quently, however, the market turned easier and the
improvement was more than lost under liquidating
sales by loDgs, prompted by later advices from the
West reporting weather conditions from the West as deci­
dedly favorable. Yesterday the market again turned stronger
on a con'inued active export demand. In the spot market
shippers have been fa irly large buyers, their purchases for
the week here and at out ports amounting to about 750,000
bushels. To-day the market was depressed. Quiet and easier
foreign advices prompted liquidating s s I p s d v “ longs” and
prices for the day showed a decline of
The spot
market was moderately active, but at lower prices. Tne
business transacted was on private terms. No. 3 red w inter
was quoted at 98c. f. o. b. afloat. No. 1 Northern D uluth at
99%c. f.o.b. afloat, and No. I hard D u lu th ’at 95J^c. f.o.b. afl tat
DA1I.T olosiko rsiosk o r n o . z u d wintb* v a i n

Chicago. ...
Milwaukee.
Duluth__
Mlnneap’lis
Toledo......
Detroit......
Cleveland..
8 t . L o u i s .. .

Peoria
Kansas City
Tot.wk.'07
same wrk.’yrt
Same wk.'95
lin e* A w j. 1.
1890-9?. .. 0.2*2.28- 100,024.45'' 70,117.700 88.814.970 21,533,017
1895-90 ... 0,023,460 181.913.782 53.044.09^ 09.794.3d4 23.833 015
1*94-95 ... 0.874 122 103 057,089 38.567,4*0 45,132 4LH 23,545.2 *7
The receipts of flour and grain a t the seaboard ports
week ended Jan. 2, 1897, fo llo w :

4.003,705
2,227,991
1,349.561
fo r the

H o u r,
Receipts a t —
bblM.
S e w Y o rk .......... . HP. 4US
B oston ................
M o n trea l............
P h ila d e lp h ia .......
B a l tim o r e ............
R ichm ond .........
2.020
New O rle a n s * __ ..
9,574

Corn,
W heat.
bush.
bueh.
290,000 .624,975
234.323
200.256
4.098
1 400
010.190
05.4
24,480 1.201.81*
11,304
12,162
17,440 1,081,333

O its,
b a th .
382.'-OO
115.310
11,584
11 >,030
04*1.552
15,052
42.76a

Barley,

jRv«,

450,300
3.047
1,100
7.200
10,000

1,950
2,231
7,200

40,040

T o ta l w e e k ... . ..
W eek iso n.............

053 06 < 3,0S., 12 4 1,819.019
301.194 1,978.943
731,337

477.047
282.723

58,471
4.737

990.221

440

• Receipts do not Include grain passing through N e w Orleans f o r foreign
ports on through bills of lading.
The toiat receipts a t ports named in last table compare a
follows fo r fo u r years:
Receipts o f—

Flour.............
Wheat .......... bush.
Corn ............. . . “
“
Oats ..........
Barley........... . ••
E y e ....................

1890.
13 105 8^2

1895.
18,240,203

1894.
21,009,739

1893.
20.433.201

68.0 45.431
103,291.533
74 9*11,002
13,014.750
0.199,517

08.35 4.600
1 0 t.586 35*
74.318.780
14.419 832
0 145,771

50,940,213
00.4 10 938
4 4 127.286
4.9*2,039
593,423

58.130,907
49,774,437
45 499 347
5,119.251
592.081

200.055,299
203,894,205
Total grain
101.039,949
169,122 085
92
91*
90=8 89*4
8919
N o t e .—53 w eek s In e a c h y e a r.
93*4
927* 91*4
90^j
92
The exports from the several seaboard ports fo r the week
. . . 0 . 90
89*
89 9?
89=9 87
86
86
*5*
83=8 84=8
83*4 ending Jan. 2, 1897, are shown in the annexed statement:
B heat.
The tradin< in the m a rk -t for Indian corn futures has been
Corn,
Flour,
o a ts
B ye,
Barley,
P eat,
e p o r tt fr o m — i Uth.
tyuth
bush.
b v *>'
but =
bush.
bblt.
quiet and changes in prices have been unim portant. The BNsw
York. . 38a.2<*3 630.087 164,8 *0 97.380 54,002
3.827 636,938
B
x**on.............
459
216
20,750
204,243
8,251
West has been selling, prompted by a free movement of the
r tla n d ......... 33,04 8
8.749
9.37 0
44.P52
crop, but tbere has been an active export trade, and this has PP ho ila
1,979
29.1*29
d e lp h ia . 13**00 312.550
1,200
597,684
80.000
B
altim
o
re.
14,124
453,025
served to hold valu-s about steady. In the spot market
O r le a n s .. 44,030 04 3,279
402
700
business has been ac'ive. Snippers have been large buyers, New
280
N o rfo lk ...........
24 0.414
104.400
30,393
their purchases am ounting to about 1,500,000 bushels, w ith N ew p’r t Nows
S\27H
4.030
t.Jo h n s.N .B .
14,875
8,601
24,278
the deliveries ranging from prom pt up to May. To-day the SGalveatou
— 23,816 128,713
........
market was amet and easier in sympathy w uh a decline in
T o ta l w ’k. 1, 041,3 2 2,901,814 231,140 005,3-5
62,753
74.267 544,189
wheat. The spot market was fa irly active, as shippers con­ S o m e tim e ’90.1 .197,186 3.228,715 270,058 61,758
24.<27
. . . 0.

V*'
913|

Tu*#

W ed

T hurs

rw .

THE CHRONICLE

92

*ek m ui sin c e
.otal* fo r t h e

Wo

be
a v p lrru lv -r !, H ii., i«
wrtoria o i b

■ap&rH jrJ ;
i,
AMU.

WbAiVNft
IjNktuUfti
si *. riK- i 4*2
P9 41# # igii Jw t tjm s^ w ti.H&jHA
I-*4*449 i f 1f
©8: g.:,.-X-.«2. , m,ml
m
.
i fct a
IfU*!#
1 ^4:trn
t \ i 6m
j« i.p
§m%* SI* 4- <“* ’*
%&,»!«
«4
‘i t M i
ti& rtf
CHJfe-wiftwtiiWfi**-. !,>.tv
U 49.I6M? 3
^4i,5NS|. |*L4 M,i09tk 2,t 'SSU
T^MfcA
♦♦1*14# ♦ ffls
_
____
. IS t&6?<5.606
406
3,249,*J5
HSftliS i%t T
f .J43U
f3*4,4# .4,4
T h e »k tM * «supply o f g ra in , c o m p ris in g th e a t o o t s In
gtiyaiyry * 1
jp rin cip al p d a ta o f (u'.'ijn.uilation a t l a t e a n d
«m Ukmmt4 Jtt#* JftO* S, 188 ! , w as m follow *:
lUriey,
0*1#,
Si swNti.
JU*,
bUMh,
bath,
5v*Au
i,m ,o u v
39*.9»
*#v Tmm........... ,, «. to* -job
377.000
38.000
107.000
410.000
Wm mtmi., **»
5,00#
\ 1•*v>
150.000
1,594,000
|»i,nor*
I&OO*
UIMMM
«400§
lm.fti.sg.... ....... *,, fttJ3i,ri©rj
‘ <16.0*10
9M 0
*8t.0OO
ttfjQGO
d*t
i..
113,000
t,Otfl.OO
O
1,080.00
m
i t m&M®
Mimm m m
..,
«r.o5c
881.000
18.000
ijm
%1 ;
.•*»*«»*♦.«..
|)«
■
2lT,0<E’
" ’i i m
040.000
104*000
•*— .. ...... ..
53.000
t« m&m*....
110,00V
47&O&0
Sftiwis* 7 v#
*.. uap, 0 oo
*•
tio
-. 59.000
*5,000
6\MQ
* M jm
..
fite
....
1 0 5 ,0 0 0
ANNMV0 V*------- U.OOO
siifceoe
oi.eo'o
«&Mm6
7*.COO
&e
, ...
i3i".o*7o
13 000
___ ....
LOOO
4,000
'e.ob"
4
0 f 00
?os,ooc
iso.ooo
1,000
, K*m.,QOQ
too,ooo
M.000
■fie^asfs^fk,,, . . . .. .... £54 000
I ! .<X7*5.000
447,000
148.000
.V.ooo
...........
Mi 000
127.000
LM'.OOO
.6.000
3-17,000
1 an.000
435.000
20.000
K «!*- ............ 134.000
— . *. .. }&.&*>
84.000
iaoooo
16,000
ijmsamCsir. ..... . .. &15,000
l ,« 53,000
1,301,000
am&oe
2*0.000
.
11.000 777.000
67.000
70.0*7
KtlUfftOlli.. . 4.4M
H* i». 433,000
30,0)0
942*000
O® Mt»*.•«{s*04 Riftr. .... —
OK
- .
0* OftS** t s i rtrttr
4.4IW.0'»
3.0.7,000
TvdMJm, %%*m M.661,000
t>#e. 18.
4,075,0'O
^ 1,4<3,000
3,836.0170
1,351,000
5,750, *00
f g U l m * t#i*i **».**«4 3»50
*6 ',000
2.531.001'
Vviiii Jiiabi sl
512,000
3,138,000
AMJaMu

THE

DRY GOODS

T R A D E.

N s w Y o b s , F r i d a t , P , M ,, J a n . 8 , 18 9 7,

T he situ a tio n in p rin t c lo th s a n d th e se v e ra l p ro je c ts u n d e r
c o a in ie ra iio u by c lo t* m a n u fa c tu re rs h a v e d ra w n th e a tt e n
tion o f th e g e n era l c ittn n g o o i i tra d e la rg e ly tn w a r l i th em
d u r in g th i paa: w *•ek. T oe sto e k o f c lo th s is v e ry m u c h ia
excess o f w h a t a n y p re v io u s y e a r h a s o p e n ed w ith , th e m ills
are ru n n in g u p to n o rm a l p ro d u c tio n , th e d e m a n d is slu g g ish ,
a n d then* an* n o in d ic a tio n s o f im p ro v e m e n t. To re liev e th e
situ a tio n it has b*en prop osed to sell in E n g la n d c o n tra c ts for
1,000,000 pieces o r m ore, o r, failing- t h a t , “ pool” a sm s 1, *00,000 pi* « « , p e g th e p ric e of th ese a t 2 J£ o . fo r re g u la rs a n d
•"id* on th a t h a st., a n d ru n th e m ills tw o -th ird s tim e on ly ,
Th« m a rk e t i* .'in x iju sly a w a itin g t h a o u tc o m e of these
*fforw
to
*<(ive
th e
d iffic u lty w h ic h
F a ll
R iv er
in»nufi*-iur*T*< th e m se lv e s h a v e
b e en
in s tru m e n ta l in
rre a rin g . M ean w h ile b u sin ess h e re h a s a g a in b e en o n a
lim ited m lit* in all d e p a rtm e n ts , a n d so f a r th e y e a r h a s d is­
closed n<* ii tig of a n e n c o u ra g in g c h a r a c te r.
T h e tone
th ro u g h o u t th e cM to n g o o d s d iv isio n is d e c id e d ly d u ll a n d
.the te n d e n c y of price* in m o st d ire c tio n s in fa v o r of buyers.
W oolen goods a lso h a v e ru le d d u ll g e n e ra lly w ith u n e x p ec te d
Witaknw** in so m e q u a r t- r s . C ollection* a re fa irly re g u la r
*od sin* d n a n c la l tro u b le s in th e W est a n d N o rth w e st do n o t
a p p e a r to hav* a ffe c te d th e m .
i>>sri:-rJC C otton (lo o n s —T h e e x p o rts o f c o tto n good*
were 5,038
paz-xagr-s, valued a t *231,187, th e ir d e s tin a tio n b e in g to th e
point* •pt'cilled in th e tao le s below :

trow Uii.« port for th e w eek e n d in g J a n , 4

ira w T o a *

J

to

amvaut

1887.
I f Mil. 8 in r r J e n . 1,

j B rltilc .,,

#&£&** -t r r -' n

lu&lm,
Atftlri

--

* , *» , .

W 0* i iM & im , ^

w*,
40

^BlHKh|W#ew*s. |-r.i;n ,i ul.t

teat*

A i& iriit, ,»*.
A m m r 100...*.*

4
120

4
120

Ym
1\
521
46
244
; $,*<>*

!*!!!!!*
198
li
52!
•8
2<U
3 *08
60

ih m n M fim * ....
1

fatt

$& V44f*l*r»f.J Yttf
*****

...

W***

I

e a s y a n d fa v o r b u y e rs in m o st weigh**, a b ru t th e o n ly e x ­
cept! m to th is b e in g le a d in g e x o r r : g r i d »s i r I u tv y - w e ig h t
goods, w h ic h a re w all s>td a n ti f le a
Tn^r* D u u l t d e m a n d
for e ith e r b ro w n d u c k s o r O s-ia b u rg i a n d prices a re ir r e g u ­
la r. B leached c o tto n s c o n tin u e in a c tiv e th ro u g h 7 u t, o n ly
sm a ll lots b a io g in re q u e st. T h e m a rk e t is e a s y a n d irre g u la r,
b u t b e y o n d a n in c id e n ta l re d u c tio n of I*.:, p i r y a rd iu o n e
i-1 m a k e p ric e s a re u n c h a n g e d . P r i n t .d o t h y tr n .b U a c h e d ,
a re slow o f sa le a n d irre g u la r. T h ere is little d o in g in w ide
sh e e tin g s o r o o tt m fl tu n e ls o r b la n k e ts, a n d p rice s a re w ith ­
o u t c u a n g .'. S a l ts of d e n im s a re s m a ll a n d th e m a rk e t
is a n easy o n e to b u y in a n d o th e rc o a rs e c o lo re d c o tto n s a r e in ­
a c tiv e a n d fe a tu re le ss.
W n ite goods, q u ilts , e tc ., a re slo w .
K id-finished c a m b ric s in a c tiv e a n d easy. F a n c y calico e s h a v e
been in q u ie t d e m a n d b u t p ric -s a re ste a d y . S p e c ia ltie s sell
m o d e ra te ly . R e g u la r p rin ts d u ll, w ith a u e a s ie r te n d e n c y .
S ta p le g in g h a m s q u ie tly ste a d y . D ress s ty le s slow . P r in t
c lo th s in a c tiv e ; no sales re p o rte d o f re g u la rs th is w e e k ; n o m ­
inal p rice 3>£e. O id s in lig u t re q u e s t a i d ir r e g u la r .
1807
Jan. 2
4 1 7 .0 0 0
8 S t, 0 0 0
8 9 0 .0 0 0

1896.
J a n . A.
12'i.OOO
19 7 .0 0 0
1 5 7 .0 0 0

18»0.
J a n . 5.
4 0 .0 0 0
7 8 .0 0 0
8 9 .0 0 0

1894.
Ja n . 6.
1 4 7 .0 0 0
142,0* 0
3 7 ,0 0 0

T o ta l a to o k (p ie c e * ). . . . 2 .1 9 8 ,0 0 0

4 8 0 ,0 0 0

2 0 1 ,0 0 0

3 2 0 ,0 0

Sloe* 0/ P r in t O lo tM —
A t P r o v lile n o s , 0 4 * q u a re s
At K ail R iv e r, 0 4 s q u a r e s .
A t P a ll R iv e r ,o d d * t i e » .. .

W o o l w G o o d s .— The m a rk e t fo r a ll d e s c rip tio n s of m eaV w e a r fa b ric s h a s ru le d d u ll th r o u g h o u t th e w eek. T h e
w e a th e r h a s been a g a in s t b u sin e ss a n d th e re h a s b e en no n e w
in flu e n ce to c o u n te ra c t its e ffic t, R i o rd e rs fo r lig h '-w e ig h ts
a re sm a ll a n d sh o w th a t w holesale c lo th ie rs h a v e n o t been m a k ­
in g m u c h h e a d w a y w ith th e ir sales o f s p rin g g a r m e n ts to th e
re ta ile rs , a n d u n d e r s u c h c o n d itio n s n > m a te ria l e x p a n s io n in
business c m be looked fo r in n e w h e a y y -w e ig h ts , e v e n th o u g h
th e business is n o w se v e ra l w eeks b e b ia d a n o r d in a r y se a so n .
S low p ro g ress is b sin g m id e in o p e n in g n e w line3 of
h e a v y -w e ig h ts , a n d th e s itu a tio n h a s baen d is tu rb e d b y th e
u n e x p e c t-d re d u c tio n of 5 to 10 p s r c e n t in t h s q u o ta tio n s o f
a le a d in g lin e o f C lay w o rste d s. S o m e lo w p ric e s h a v e a ls o
been m a d e o n n e w o v e rc o a tin g s, a n d th e m e n ’s- w e ar m a rk e t
g e n e ra lly a p p e a rs to h a v e lo st a ll p ro m is e o f b e tte r p rice s
th a n l a s t s Jason. C lo ak in g s a re slow . F lana< ds a n d b la n k e ts
d u ll a n d u n c h a n g e d . C a rp e ts o c c a s io n a lly 2</£c. p e r y a rd
h ig h e r fo r ta p e strie s.
D re ss goo d s q u ie t th ro u g h o u t a n d
ir r e g u la r in lo w g ra d e s .
F o r e i g n D r y G o o d s , —N e w b u sin e ss fo r s p rin g h a s been
on a lim ire d scale in a ll d iv is io n s o f th e m a rk e t, b u t im p o r t­
a tio n s a re c o m in g to h a n d o n e a rly o rd e rs . I n d re ss goods,
silk fa b ric s a n d lin e n s a g e n e ra lly s te a d y m a r k e t is re p o rte d .
L aces, h o sie ry a n d u n d e rw e a r a n d m e n ’s-w e a r w o o le n a n d
w o rste d goods irre g u la r.
S e a so n a b le b u sin e ss lig h t a n d
fe atu rele ss.
I m p o r t a t i o n * a n d W a r e h o u s e W i t h d r a w a l * o f D r y C fo o d *

T h e im p o rta tio n s a n d w a re h o u s e w ith d r a w a ls o f d ry g ood*
a t th is p o rt fo r th e w e e k e n d in g J a n u a r y 7, 1897, a n d sin c e
J a n u a r y l , 1897, a n d fo r th e c o rre s p o n d in g p e rio d s o f lai t
y e a r a r e a s fo llo w s:
|

|

-3 3 5 * 1

5

r

i 1
•

a*

351

" 351

087
29 l \
9
101 {
8»rt
71

087
292
9
101
698
71

5 ,0 3 6 ■
i
■ 3 ,6 ' 0

5 ,0 3 6
3 ,0 5 0

ii 2 ,2 2 7 i
******

2,227

#.0 0 0 i

8 ,0 8 0

2 .3 2 7

2,227

|

to *003
—0-1
03 , 030 -4*5
ik o a o is
►*-**D
A. ©o<to
2! 2S
*000303
*- I tO~* -"J-—
03Is3©50M
*0 —
M C*3

W! WO

3 w ©—

: «5

Or©
W©CO

?

IS rfg g
s*
Cf
ai

•

j

: ?

5 ,v
OiO* S » -o 03 -r>O O
* M.
U»03
v-TD
14 O
03 i ’
oOoOP*,
^ to
o
5 .3

» Tk.
i* *o «*p -4
-v1t4«03W»M
pa I & & I *.Q 3 icia .

o»

10 © •- OMO
N W C© ©

I f

POQOQC
^•ODOOO

i I kO034*. lO
I ©>©o
D-p <1^4 „
II V ) ® V » V
> 00 ©s*3<J *0
‘ 1 eopjpppo

I

SI

W03 —M
03 I Ki © Jft V>m
K> ■ «* 00*30-0*09

r
Or*

CftCM
w-O

Mto w 3ft to Q
©
K3-4 *8 ~
—CJ«© -4 -4 S
0Dr © *4
JJ 03-J rO

1 © -•»
* 03 toy
* 03 ©*© 'J* ■**4 © *3
© *o
TD© Ji*©
a ^ <-*©
2
* 5°
«#*•W*5 TD J* ^ © O *<3 •ft. ’Jt to © *.
m *-c * - ^ ** 03 . •ft*—*0© Jft
©CO©.5 7> ►
05 <1 O I H R ftM —
(
K 9s I » I
to !
-r* - if

S

<5 Oh03
8 :23
W__M©

6i ,
*—
00
03
©i
-1

10
KDOCi
TOf)
#a*30
ki'- j i *iCW*0 03©
Ia> ©-0
i
i

03 I t»3

©

9mm mrnrn Ro*t»»41 Bill p* lnt» dtr#ot.
HHUNtlttl* Ilf t$$*fc fi?
'rk e x p o rt* to r th e y e a r to d a te b*s
iNMMft
iti t$B7
si HESS 072 in 1898,
S t l k r # mrq
o o ia le ffo rts to m ove b ro w n she»ts lu g g i.h ti in-* d e m a n d p rice s a r<*

=s
S
| 5
a *t
3*
x* tr

i

Since J a u
8
li

0

: 3

8

•ft- « —

8
12

Cs
z? a S 5 | | |
15 S i : ? i I

k?m

-- i f
i if

©
-

1896.

a

fVOL. EiXlV,

au

S S
O
t-

I

*. »vto T1v*

A* 5 \ 03 TO© © -3

© I a w 1 ift. y* kj © .*
® : ’*0 -* k>»> ■-«

'£■<&[ <*©*©£
#7» ! y p y p y
i ■jow^DW*©

«—
• ! to — t -JBcHBeo
© f t 'J l 1 © ©3ft*. 0.

-4 '£> C3»^7*5*. —

© “4

0» © 03 50 ©

© -4 © Do—
O 50 30 HO00

s

~ - r'© ‘- 4 7 n » a

$

pl
«0
03K»*CftJft 4 I w*
Ch-4 T>0303
© »© 4 03 *6 g. ’ !

*0*5j
JCK> hi o -4a>
© -J1h ftlft
lO X #k--

OS -l © ' © TO©»0O

©

tO © © © TO

00ft--* —to

10©
*0 3*7©
©
-3 ©
to -

.01

(30*-• 4-9 to

'7DO»--*403 «
T3 '*J © T M
© TitOTO

|*3 *
“tO© I

© j t o ' i t - 4 oo g o '*o1-*

- I <J © - —J*. 4ft

ro i © 33-4 *5ns

“-4

50

© Y5V, -D01
© © *- -1 to

l
s

*4

THE CHRONICLE

J a n u a r y 9 18»7J

93

I q the following table we give tne prices which were
paid for December loans to the amount of $3,937,875,
TERM S OF S U B S C R IP T IO N .
issued by no less than 88 municipalities. The aggre­
T he I nvestors’ S upplement will be furnished gate of sales for which no price was reported is $1,696,without extra charge to every annual subscriber of the 218 and the total sales for the mouth $10,634,087. In
the case of each loan reference is made to the page of
Commercial and F inancial Chronicle .
T he State and City S upplement will also be fur­ the C h r o n ic l e where a full account of the sale is
nished without extra charge to every subscriber of the g iv e n .
S

ta te

m

p

C

it y

p £ fftT U ~ M £ N T .

Chronicle.
T he Street Railway S upplement will likewise
be furnished without extra charge to every subscriber
of the Chronicle .
T he Quotation Supplement, issued monthly, will
also be furnished without extra charge to every sub­
scriber of the Chronicle .
TERMS for the Chronicle with the four Supple­
ments above named are Ten Dollars within the United

States and Twelve Dollars i i Europe, which in both
cases includes postage._______
Terms of Advertising—l Per Inch space.)

One t i m e ______ . . . ___ $3 50 I Tnr Months (13 tim es)..$25 OC
One Month
(4 times).. 11 00 Six onths
(26tim es).. 43 00
Two Months
(8 times).. 18 00 I Twelve Mouths (52 times).. 58 00
(The above terms for one month and upward are for standing oards.

T h e purpose o f this State and City Department
is to fam ish our subscribers w ith a weekly addition to and
continuation of the 8tate and Cit y Supplem ent . In othei
words, with the new facte we shall give, the amplifications
and cjrrections we shall publish, and the municipal laws we
shall a n a l y z e in the “ State and C ity Department,” we expect
to bring down weekly the inform ation contained in the
State and Cit y Supplem ent to as near the current date as
possible. Hence every Subscriber w ill at all times possess a
complete and fresh cyclopaedia of inform ation respecting
Municipal Debts.

RhYlEW OF M U M U U ' a L BOND BALES I N
DECEMBER AND FOR THE LAST
FOUR YEARS.
Our record of municipal bond sald3 shows that the
total of these securities marketed during the month of
December was over 10£ million dollars. This amount
contrasts with about 8 | millions in December 1895,
13^ millions in December 1894 and 17i millions
in 1893.
Compared with the 35 millions of bonds sold in
November 1896, the sales for the late month may ap­
pear small, but it will be remembered that the restora­
tion of credit which took place early in November pro
duced a market for all classes of good bonds and an
outpouring of the new loans, which for four mouths
had been practically unsalable, on a scale never before
witnessed. Barring November as altogether excep­
tional, only two months, May and June, have totab
at all ia excess of Decembtr, and only one of these
(June) exceeds that of December by as much as two
million dollars. Of the aggregate sales for the year,
over 42 per cent occurred in the last two months of
the year, indicating how powerfully our municipalities
were affected by the distrust which accompanied
the campaign for free silver.
Among the noteworthy sales in December 1896 was
that of $800,000 of Hartford 3^ per cents of 1922. at
103’219, to refund a portion of the $L,000,000 Capitol
6 per cent bonds due Jan. 1 1897, these last consti­
tuting a third of the city’s entire funded debt. O.her
large sales are : Queens County, N. Y., 4s of 1916,
$270,000 at 107T25 ; New Bedfords 4s of 1927 for
$400,000 at 108-857 ; Buffalo 3 |s of 1901, $527,765 at
100-815 ; Boston 3£i and 4s of 1907-1917, $1,890,000
at 102-8277 ; Brooklyn 3*8 of 1936, $700,000 at 102-47.

D ecem ber

P a g e.

L o c a tio n .

R a te .

Bond Sales.
M a tu r ity .

A m o u n t.

A w ard*

49 Alieu town. P a__ ...... 4
1901-1926
$36,500 101-50
1126.Anaheim, Cal...... ...... 6
1897-1936
13,000 10014
1029. AnDe Arundel Co., Md. 5
1901-1926
2,000 112-25
1029. Anne Arundel Co., Md. 5
1901-1926
2,000 110-25
1029. Anue Arundel Co., Md. 5
1901-1926
2,000 108-25
1029.Anne Arundel Co.. Md. 5
19ol-1926
2,000 106-25
1029. Anne Arundel Co., Md. 5
1901-1926
2,000 104-50
1029. Anne Arundel Co., Md. 5
1901-1926
2,000 102-50
1171.Arlington, Mass.. .......
1936
50,000 108
1082. Asbury Park, N. J ...... 5
4 8,000 103-75
1926
1030. Atlanta, Ga......... ...... 4
1926
74,000 100-025
49.Boston, Mass............... 3^-4 1917-1907
1,890,000 102*8277
1126. Bradford Co., P a ........ 4
1902-1907
150.000 1021 126.Brattleboro, V t........... 4
1902-1907
50.000 10349. Brockton, Mass........... 4
1898-1907
20.000 10135
49.Brockton, Mass........... 4
1898-1905
8,000 10149.Brooklyn, N. Y........... 3 ^ Jan. 1, 1936
700.000 1021126.Buffalo, ST.Y............... 3** Dec. 1, 1901
527.765 100-815
1171. Burrillville, R. I ......... 4
1907-1922
50,000 103 39
1126.Butte Co.,Cal ............ 5
1911
38,000 101-506
1 0 8 2 .C»stletoa Union Free
School Dist., N. Y__ 5
1922
75,000 1081897-1921
1082.Central Falls, R. I...... 4
25",000 102-326
49.Chippewa Co., Wis...... 5
1901
12,500 10210
1126.Clarke Co., Wash........ 6
1916
110.000 *100
49.Cleveland, Ohio........... 4
Oct. 1,1926
200,000 210,450
15,000 100-53
1030.Cohoes, N. Y......... ...... 4
49.College Hill. Ohio........ 6
1897-1906
3,212 104-25
49. Coluiubns, Ga.............. 4b, Jan. 1.1927
60,000 1001906
1082.Columbus, Ohio.........
27,500 101 036
1916
100,000 101 -625
1171.Dunkirk, N. Y ............ 4
1171.East Liverpool, Ohio.. 6
1900-1902
6,000 104*80
Dec. 4, 1906
2.038 104
1126.Evanston, "Ohio........... 6
49.Fargo, N. Dak............ 6
1916
40,000 101
1126.Glencoe, Minn............ 0 Jan. 1, 1917
25,000 106-1 88
1030. Green burg, Ohio........ 5
1906-1926
50,000 103
1083.Hamilton Co., Ohio... 4
1916
25,000 103-02
1083 Hamilton Co., Ohio... 4
1916
79,500 101
1083.Harold Sch. Dist., Los
Angeles Co.. Cal...... 7
1906-1916
3,500 100 571
1127.Harrisburg Sch. Distrlot, I’a ................... •1 Jan. 1, 1917
60,000 103-50
1083. Hartford, Conn........... 3L) Jan. 1, 1922
800,000 103-219
50. Hillsborough Bridge
45,000 100-269
Fire Dist,, N. H ....... 4 Jan. J, 1917
Mar., 1897
50 Holyoke, Mass............
50,000 196-881
Jan. 1, 1927
50. Holyoke, Mass............ 4
250 000 108-32
1172.Ipswich, Mass............ 4
1926
6,000 106-875
1127 Knox Co., Ind............ 6
1897-1906
70,000 10010
1926
1127.Ligonia, P a................. 5
13,500 101-037
1083.Lisbou, Ohio............... 5
22,000 103-027
1 1 7 2 .L o n e B ra n c h , N . J ........ 5
1915
10,000 100190J
1127 L o u isv ille , K y ............... 5
127.000 103125
1906
1127.Malden, Mass.............. 4
15.000 10V81
1127.Malden, Mass.............. 4
44.000 101-389
1127.Manchester, N. H ........ 4
Jail.
9*17 100.000 106-248
1127.Medford, Mass............ 4
1922
26.000 106 835
1083. Mel rose, Mass............ 4
1916
50.000 105-385
1031.Middlesex Co., Mass.. 4
1901-1930
170,000 106139
1127.Miller’s Falls, Mass__ 4
Dec. 1, 1936
20.000 104-48
1897-1906
1031.Milstadt, III................. 4
5,000 100-25
1127.Moorhead, Mtun......... 6
1916
40,000 10 .-10
1901
2.500 101125
1083.Moundsville, W. V a.. 6
1901
1083. Mounds Til le, W. Va .. 6
2.500 101
1916
25,000 106 07
50.Nashua, N. H .............. 4
51 .Natick, Mass............... 4
July 15, 1926
17,000 106-43
37.000 100
1906-1926
1127.Newark, Del............... 4
Jau. 1, 1927
1172.New Bedford, Mass... 4
400,000 108*857
68,000 10518
1127.New Brunswick, N.J. 4 Ja Nov. 1, 1921
1127.New Brunswick, N. J . 4
Nov. 1, 1921
10,760 100
1916
10-*3.Newton, Mass............ 4
50,000 106675
Dec. 1, 1936
100,000 11007
1172.Newti>n, Mass ........... 4
51.Newtown Union Free
1899-1912
7,000 103-297
Scb. Dist. No. 14, N.Y.
5,500 10310
1083.Niagara Falls, N. Y... 4
1916-1917
1897-1904
8,000 10313
1083.Niagara Falls, N. Y . .. 5
Sept. 1, 1906
2,000 103
51. Norwood, Ohio............ 5
1127. d e a n Union Free Sch.
47,000 101*067
1904-1915
Dist. No. 1, N. Y........ •4
1083.Oxford Union Free Sch.
20 0^0 101 -03
1898-1908
Dist. No. 1, N. Y...... 4
150,000 106 16
1897-1926
11 27.Painesville, Ohio........ 5
28,000 101-78
1910
51 Phelps, N. Y ................ 4
May 1.1901
5,000 100-51
l083.Plainileld, Conn......... 4
1916
1083.Pomeroy, Ohio........... 6
0,000 108-75
1922-1927
25,000 100
1172. Port Huron, Mich...... 4
Dec 1, 1926
30,000 101tol03
1083. Portsmouth, N. H ...... 5
Jan. 1.1912
47.500 95
1128. Pueblo, Col.................. 5
22.500 90
1128. Pueblo, Col......... ......... 5 Jan. 1.1912
Nov. 1, 1916
1033.Queens Co., N. Y........ 4
270.000 107-125
1083.Queonsbury Un. Free
1899-1906
16,000 105-45
Sob. Diet. No. 1, N.Y. 5
Jan. 1, 1917
20 ,0 0 0 101125
1083.
R o ck v ille , M d ...... 4
1898-1900
12,600 100-63
52.Rome, N. Y................. 4
23.000 110 625
1902-1925
52.Scarsdale, N. Y........... 5
1898-1902
50.000 102 06
1128.Scioto Co., Ohio........... 5
1916
2,000 100
1031.8kaneateles. N. Y...... 4
12.000 105-417
1917
1172.Stoneham, Mass......... 4
1901
20,000 102-1676
1084.Summit Co .Ohio........ 5
Deo. 15, 1900
320.000 100-559
108l.Syracu.se, N. Y.................
June 1,1926
130.000 105-55
108 4. Tarry town, N. Y......... 4
6,000 103*27
1128.Troy,N. Y.................... 5
Jan. 1. 1902
30.000 10317
1084. West Hoboken, N. J ........
105.000 105-09
Apr. 1,1925
1128.Windham, Conn......... 4
30.000 100
52.Wise Co., Va............... 6
100.000 112-177
1936
52.Worcester, Mass......... 4
Total (88 municipalities).............................. $8,937,875
Aggregate of sales for whioh no price has
been reported.............................................. 1,696,212
Total sales for December, 1896.................$10,634,087
'"Exchanged for warrants. + 3*8 p. c. discount and $3 premium.

146
93
07
47

50

THK CHRONICLE.

94
.Ktiv-'i£itiMtis fMHn>Saw**.
#***>

tmmi

nI*O,»».*.*

a

i&m-ime

A*etttL

*3 5 ,0 0 0 io i tS5

*OilNNI iM3iiu.ki.ti al loans will make the total sales
rv-poTiid int M(M caber foot op 634,913,894.
Oar tot* i sales for 1).-comber enable us to complete
the re cord for tb<- year 1890. which shows a grand total
of 1106,4&5,860, iagainst $114,021,633 in 1895, $117,1SI*St-5 io 1804, 177,421,273 in 1893 and $33,823,515
\a
Ia the statement below we give the total
municipal bond .“ales b? months during the je a r 1898
;a eoBJU'Otton with the corresponding figures 1or three

year* previ

UlMNsi ,
****,,.,-«**

m kf
........ .
J e B # ***,„*.***.,
J'Sajf
A *gW
R©l>leiub«Jr....
O^I#b«,r ...
If**#e$t*e.r .**.
SWNMtiMNN**.*
Q hmmS

tL MtHil£$r,i,l. 140s$* nxhliB BY MONTHS.
1893.
1804.
1805.
1iHH
,721 $10,332,101 $7,07'-,267 $ 5 ,4 3 8 ,5 7 7
5
.0
7 1 ,« 0 0
11.906.122
5,770,480
4 A 2 A ,,520
s.oso.tct 0 .9 9 1 ,2 4 6
4,015,355
4 ,2 W
9
,1
7
5 ,7 8 8
11
,5110,392
8,400,404
4.MI.,850
i 1.349,410 4 .0 9 3 ,9 6 9
10,7X2*5SS 11.587,700
1
,8
8
8 ,9 3 5
15,907,-1
it
18,359,377
12,70%,308
0,253,237 1 ,6 9 1 ,6 0 0
jy tfli,.4.05 15,374,000
2
,7
3
4
,7 1 4
7.525.200
8,404,481
4,045.,500
8,219.947 3 ,9 8 5 ,1 3 7
,457 11,423.212
1
1
.8
39.373
8,085,435
6,007,012
4
,463
6.524,1101
4,549,530 7,300,7 70
804
! 3,486,374 1 7 ,3 0 6 ,5 6 4
8,545,804
10,634,,087
100,465,,8601U 1,021.633 $117,107,225

H o n >1 I h - o p o iilt* a n d \ e s r o t lH tto n s .—We b are reoe»*«| through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
•ate.
A llrgbenj , I’g .— B ond S a le —On Jan. 5, 1897, the follow­
ing Ino'* were m v iv e d f»rth e S-iWMiOl) of water bonds offered
by this city.
K Mntri.ee NVvr Turk.........................................103% and interest
<»<M II,t <, ..................... ........................... ,103 07 and interest
M ini w o , . v
n' b* V'.rk..................... ..... 103 63 and iiit.-rest
U*rt>.»>- Non Ii«l Bank. I'itUburg.......................103-177 and interest
A I 'a .m w w .............................102-59 and interest
t'rw Y d, r .,»» .» Trust Co ... .. ............... 103 264 ana Interest
;.*n pi. <in t i t . V o . Cleveland, O.................... . 102-819 at d in ereat
» W. n .rii. H i'« . CUJoago, til ..........................102-025 and inte-eat
Xdaarn c. Jut ns fo ......... ................................... 103
and iuiereet
laaaa W SU-rvll. FoaghkeepMe, X. T...................102-55 and iutereat
Wbacn .» Bi hi-» ii.k-t-r. New York..... .................. 103-29 and interest
t f> Shepp.,4 A Co..... ...................................... 103 18 and interest
V*ru,i j» * 1" » w York..... ..............................ln5-78 and interest
H l. t»*y & t o , New York.................................. 102-869 and interest
T it !<mn w«» awarded io Vertnilye & Co. The bonds will
be dated D> comber 1, 1890, Seni-annuai interest will be
payable on tin- firm days of Ju n e arid December a t the office
of tb.-C itv T ri!<■m er, and the principal will mature as fol­
low-' : i0 8 > o , December 1. 1901 : 886,000, December 1. 1906 ;
*t;b,M It. Decemlt* r 1. 1911 ; *06,000, D-oembcr 1, 1916 ; $08,000,
December 1, 11*21, and $68,000, December 1, 1936.
Ann Arbor, K lrh.—Bond Sale.—It is reported that 5 per
cent s wer bonds of this city amoun ing to $10,800 have been
purchn.t- i by the Farmers & Mechanics’ Bank at 100-23.
Athens, Ohio — B ond Sale .—On January 4, 1897, $4,800 of
street improvement bonds of this city were aw arded to J. D,
Brown, of A1hen*, for $4,920 89. Other bids received for the
loan were a* follows:
S. Kuhn & Sons, Cincinnati. $4,980.
Earoprecht Bro». Co., Cleveland, $4,925.
Sessriogood & Mayor, Cincinnati, $4,913 75.
1). II. Moore, Athens, $4,900.
W. J . Hayes & Sons, Cleveland, $4 841,
The securities wilt bear interest at tba rate of 0 per cent and
the principal will mature to ten years from date of issue.
B in tM flllc . Otllo.— B ond Offering. -Proposals will bo re­
ceived until 12 o’clock noon January 25, 1807, by Village
Clerk II, K Dement, for the purchase of $13,038 of 6 percent
street improvement bond*. The securities wdl tie dated Ja- uary 11, 1897, interest will be payable semi-annually at the
office of the Village Treasurer, and the principal will m ature
as M inw e: $93), January 11, 1893: $500, January 11, 1899 ;
January 11, 3600, an I the remaining $12,000 at the rate
of
j" each year thereafter, The bonds are special assess­
ment bonds. Ksch bid must bo accompanied by a certified
check lo r the sum of $300.
Tn.- t.-i4l bonO.-d indebtedness of Birnesville is $12,436 49 ;
the Heating debt is $1,500. and tbe assessed valuation $1,093,650, The population in 1890 was 3,207 and a t present it is
ea:trusted at 3,800.
Boston, *»•»
Mayor'-. A ddreet. - I n his recent annual
Mayor Quincy mak. s tbe following statem ents re­
garding the fi anctal condition of B *ston,
“ The grots debt of the city and county amounted Dec. 31,
1898, to the sum of $66,4g0 840 48, against a gross debt of
$64 r, 3,390 <7 on Dec, 81,1895, showing an increase of $1,967,459 7 1 duri* g the year.
"T b e icts! sm ount of debt issued, both inside and outside
of the d*bs limit, during the year, was $7,321,000; but funded
d«hs ws p i«d during the year to the am ount of $2,353,540 29,

[■Vou LXIV,

making the increase in tbe gross debt during the year $4,967,439 71.
"T he net debt D-.eember3l.t896, waa $43,737,721 47, against
$39.415,030 51 on Deoember 31. 189S showing an increase,
accounted for as below stated, of $4 262 681 92.
•'The difference between the increase in the gross debt and
that in the net debt shows th a t (h«sinking and other r-demption funds have increased $704,777 79 during tbe year.”
B u tle r, Pa.—Bond Election.—An election will be held in
tbe spring to vote on the proposition to issue $30,000 of bonds
for paving and other purposes.
C aldw ell Co., Ky —Bond Call,—R. B. Ratliff, Treasurer of
tbe sinking fund, announces th at 6 per cent bonds of this
couniy, datrd March 1, 1833, to the am ount of $22,000 are to
be redeemed at ihe Treasurer's office in Princeton, Ky., on
March 1, 1897. The numbers of the bonds called are as fol­
lows: One thousand dollar bonds, numbers 72, 187. 6), 125,
1, 191, 170, 175, 195, 52, 145, 123. 139. 78, 118, 144, 138. 68 a n d
157 : five hundred dollar bonds, num bers 44, 27, 20, 8, 13
a n d 30. Interest on these bonds will ceiS3 on the above date.
Canton, Ohio—Bonds Defeated.—On December 28, 1898,
tbe citizens of Canton voted against the proposition to issue
$70,000 of sewer bonds.
C in cin n ati, O.—Bond Offering.—Proposals will be received
until 12 o’clock noon Jan. 23, 1897, at the office of D. W.
Brown, City A uditor, for the purchase of $ 3 272 60 of bonds
of the city of Cincinnati The securities will be dated Dec.
20. 1896. and will m ature one-tenth yearly from D?o. 20,
1897. lo w e s t at the rate of 5 per Cent wiii Oe payable semi­
annually at the office of the City Treasurer. A certified
check for 5 per cent of the am ount bid for m ust acco npany
each proposal. The proceeds of this sale will be applied to
the improvement of Delta Avenue.
Cleveland, O h io —Bond Sale.—I t 5e reported th a t the
$ >50,000 of 4 per c-n t coupon park bonds offered on Ja n . 6,
1897, by th« city of Cleveland have been sold to N. W. H arris
& Co., of Chicago, at a premium of $19,10\ These bonds
draw interest from Ju ly 1, 1893 both principal and interest
being payable at the American Exchange National Bank, in
New York City, interest payable semi annually, Tna denom­
ination of tbe securities is $1,000 and the principal will
m ature April 1, 1927.
Bond Offering. -Proposals will be received a t tb e office of
City Auditor H. L Rossi er, Cleveland, O . until 12 o’clock
noon on Jan. 20. 1897, for the purchase of $250,000 4 per cent
city of Cleveland river and haroor cottpoa bonds, m aturing
Oct, 1, 1926.
These bonds are dated Och 1, 1898, both principal and in ­
terest being payable a t the American Exchange National
Bank, in New York City, interest payable serai annuaily. A
certified cheok draw n on a national bank for 5 psr cent of the
am ount of bonds bid for, and payable to the order of the
Treasurer of the City of Cleveland, m ust ace im piny each bid.
All bood3 are $1,000 denomination. No bids will be en ter­
tained unless made on a blank form, which can be obtained
on application to the City Auditor, and bids for less th an par
and accrued interest will not be considered.
C o rio p i'is, P a .—Bond Offering. —P.-op-isils will be reCfived until 5 o’clock P M , Ja n . 25, 1897, by th» Finance
Com mitte- of this borough, for tbe purchase o f $23,000 of
water bonds. The securities will be dated Jan. 1, 1396, and
will m ature in 30 years, redeemable at the option of tihe
borough after five years from date. Interest at the rate o f
per cent will be payable semi-annually and the bonds will
be of the denomination of $300. A certified check for $250
must accompany each bid.
C um berland, Wd.—Bond Election.—City Clerk W aller B.
Clark reports th at the proposition to issue $31,000 of bonds
for the purpose of erecting an electric-light plant will be
put to a vote of the people on May 17. 1897. The securities,
if authorized, will bear interest at the rate of 4 per cent.
Defiance, O hio.—Bond Sale.—I t is reported th a t this city
has sold $30,000 of refunding bonds at 102 4187, Tne securi­
ties will near interest a t the rate of 5 per oei t, and m ature in
from one to fifteen and a-half ye irs from date of issue.
Dubuque, Io w a .—Bond Sale—The $360,000 of refunding
bonds of this city have been disposed of at private s ile. W,
L, Bradley, of Dubuque, was awarded $120,1*00 a t par an d
Spitzer A Co., of toledo. Ohio, $340,000 a t a small pre­
mium. The securities will bear interest a t the rate o f 4 per
cent, payable sc m i-annually, and the principal will m ature on
the first days of Jan u ary and February, 1917.
El si nor, C a l— Bond Election.—The question of issuing
water-works bonds to the am ount of $2.1,000 will soon be
put to a vote of ihe people of this municipality.
F all River, M ass. —Bond Offering.—Proposals will be re ­
ceived until 10 o’clock A. M , Thursday, Jan. 14, 189?, by
Charles P. B nghtm an, City Treasurer, for th e purchase of
$73,000 of library bonds of the city of Fall River. Tne securi­
ties will bo registered bonds of the denomination of $1,000 or
multiples of this sum, and will be dated Jan . 1. 1897, becom­
ing due Jan 1, 1227, Interest a t th s rate of 4 per cent will
be payable semi-annually. Tnese binds will ha secured by
sinking fund. A certified check for $2,000 on a national
bark, payable to the order of the city m ust accompany e a ’ h
1bid.

IHF CHRONICLK

January 9 18»7.j

Galen, N. Y.— B o n d O f f e r i n g . — Proposal* w ill be received
u n til 12 o’clock noon, S iturday, January 16, 1897. by Charles
H Ford, Supervisor, fo r the purchase of $6,000 of town
bonds. The securities w ill be of the denomination of $500.
Interest at the rate of 6 per cent w ill be payable annually on
A p ril 1, at the Briggs National Bank. Clyde, N. Y ., and the
principal w d l mature at the rate of $1,000 yearly oa A p ril 1,
from 1899 to 1904 inclusive.
G a llia County, Ohio. - B o n d O f f e r i n g . — Proposals w ill be
received un>il 3 o’clock p M., Friday, January 15. 1897, at the
office of J. W . Jonep, County A uditor, Gallipolis, Onio, for
the purchase of $75,000 of Gallia County turnpike bonds.
The securities w ill bear interest at the rate of 5 per een',
p a y a b l e semi annually at the office of the County Treasurer.
The bonds w ill be of the denomination of $500, w ill be
dated January 15, 1897, and w ill mature as follows : Januarv
15, 1905, $10,000 ; January 15, 1909,$10,000 ; January 15, 1911.
$10,000; January 15, 1 913, $5,000; January 15, 1914. $15,000 ;
January 15, I 9 i5. $10,000, and on January 15, 1916 $15,000.
A certified check tor 5 per cent of the amount bid for, pat able to the order of H . W . K-sener, County Treasurer, must
accompany each proposal. Blank forms fo r the bids may be
obtained on application to the County A uditor.
H arrisburg , Pa. —Bond E l e c t i o n .—An election w ill soon
be held in this citv to vote on the proposition to issue bonds to
the amount of $20,000 for the purpose of erecting a new city
hall.
H e rk im e r Connty. N. Y. — B o n d O f f e r i n g . — Proposals w ill
be received until January 15, 1897, fo r the purchase of $31,000 of road bonds of this county. The securities are to bear
interest at the rate of 6 per cent.
Jamaica. N. Y . — B o n d s P r o p o s e d . — Street-improvement
bonds of this village to the amount of $150,000 are und«r
consideration.
L o n is v ille , Ky.— B o n d s A u t h o r i z e d . -T h e General Council
of the city of Louisville has authorized the refunding o f
$588,000 of 4 per cent gold bonds. The new securities w ill be
dated A p ril 1. 1897, and ma ure A p ril 1, 1937. The date o f
sale has not yet been determined.
M iddle Lnnp V alley irrig a tio n Hist.. Sargent. Neb —
B o n d O f f e r i n g . — Proposal? w ill be received u n til 2 P. M.,

NEW

State of New York.
Co m pt r o l l e r ’s Of f ic e ,
^
B u r e a u o f Ca .v a l A f f a ir s ,
[.
A l b a n y , December 19th. 1896. 5
P u rsu a n t to th e provisions of C hapter 79 o f th e
Laws o f 1895, proposals will be received a t th is office
until T uesday, th e 12th day of Jan u ary , 189T. a t |2
o ’clock noon o f th a t day for a loan of

FOUR MILLIO N DOLLARS
for which transferab le certificates o f stock, regis­
te re d or coupon bonds a t th e option of th e proposer.

Principal and Interest Payable in Gold.
Will be issued in th e nam e o f th e People of th e
State of New York, on th e credit o f th e Sinking
F und established by said act, bearing interest a t the
rate o j three per centum per ann um , payable sem i­
annually on th e first days o f Jan u ary and Ju ly , and
th e principal reim bursable on th e first day of J a n u ­
ary, 1912.
Proposals may be fo r th e whole o r any part o f the
loan n o t less tn a n $1,000, and should sta te w hether
registered or ooupon bonds are desired.
Paym ents fo r th e loan will be required to be made
on th e acceptance o f th e proposal by deposit in tn e
bank of th e M anhattan Co. in th e City o f New York
to th e credit o : “ T reasu rer of th e State o f New York
on account «*f Canal Fund ” o f th e a m o u n t o f the
award, to gether w ith premium and accrued in te re st
from Jan u a ry 1.1897.
The Comptroller reserves th e rig h t to reject all
bids which are not in his opinion advantageous to
the in te re sts of th e State.
In te re st on the loan will commence on th e first day
• f Jan u ary next, and will be payable a t th e Bank of
th e M anhattan Co, in th e City o f New York.
All proposals m ust be sealed and endorsed “ Loan
for Canal Im provem ents.” and directed to th e
Comptroller o f th e S ta te of New York, Albany. N. Y.
JAMBS A. ROBERTS,
•Comptroller.

$ 1 0 0 , 0 0 0

Lackawanna

Co.,

Pa..

4% Tax Free Bonds.
D a te d D e c . 1 , 1 8 9 0 .
D u e D ec. 1, 1 9 0 6 .
City of Scranton is th e County Seat.
P R I C E ON A P P L I C A T I O N .

E D W D . C J O N E S CO..
M l CHB8TVOT 9TREKT,
PH IL A D ELPH IA .

January 19, 1897. fo r the purchase of bonds of this district to
the amount of $100,000.
M oline, 111.— B o n d S a l e . — I t i* reported th a t street im ­
provement bonds o f this c ity to the amount of $ 1 0 ,0 1 0 . bear­
ing in erest at 4% oer cent, and m aturing in from 15 to 30
years from date o f issue, have been purchased by tbs F irst
National Bank at 103-91.
M organtown, W. Ya.— B o n d E l e c t i o n .—Town Treasurer F.
B W illiam s reports to the C h r o n i c l e that on Jan. 7, 1897, an
election w ill be held in Morgantown to vote on the question
o f issuing street-paving bonds to the amount of $15,000.
M ount Vernon, N. Y .— B o n d S a l e .—The $30,000 of 5 per
cent assesament bonds offered bv the Commrn C iu n o il of
Mount Yernon on January 5 1897. have been awarded to
Daniel A. Moran & Co. at 104-80. Other bids received fo r the
loan were :
Deitz, Denison & Prior.................................................................. 101-097
Whann & 8chlessinger.................................................................. 103-29
J. W. I.ongstreet & C o ............................................................... 102-758
8. A. K ean................................................................................par and interest,

The L imprecht Bros. Co................................................................830,720
The securities will be d a te d Dec. 15, 1898. In te re st w ill be
payable sem i-an n m lly a t the office of th e C ity T reasurer a n d
the prioei al will m a tu re Dec 15, 1902. The denom ination
of the bonds w ill be $1,000, and th e y w ill be re ad y fo r de­
liv ery on or before J a n . 15, 1897.
New H aven, C onn.— B o n d Sale.—On J a n u a ry 5, 1997, C ity
A u d ito r BeDj E. Brow n received the follow ing proposals for
the purchase of $250,000 of 4 per cen t p erm an en t p aving
bonds and $65,000 of 4 p r cen t bridge bonds of th e C ity of
N ew H aven :
Bidder.

90 BUOADW a V,
NEW YORK.

Pavement.

Bridge.

Farson. Leach <fe Co., New York........................ 10613
lou 09
R. L. I)av & Co.. B oston..................................... 106-139
106189
C. H White & Co., New Yoik............................. 106 17
108-62
108 11
Lee, Higgit'son *v Co., Boston ......................... 105 41
Street. Wvkes & Co.. New York......................... 10'-35
107-97
N W. H-tr'is .t Co., New Y ork.......................... 105-03
107-59
Cushmao, Fisher A Pttelos, B oston................................
107-93
Blodget, Merritt & Co.. Boston ............ ......... .
..... 106-60
H. C. Warren & Co., New Haven.................. ................
105 53
B oth loans have been aw arded to Fargon, L each & C«. The
p av em e n t bonds w ill be d ated O ctober 1, 1896, and th e p rin c i-

N E W LOANS.

LO AM S.

95

NEW

LOANS.

8 4 2 ,0 0 0

NEWBERRY,

S. C.,

6% Water and Electric-Light
Bonds.

NEW

YORK C IT Y
3i%

COLD BONDS.

Sealed proposals will be received by th e Commis­
sioners o f Public W orks of th e City of Newberry.
fi. C., un til Monday, th e 25th day of January, 1897.
fo r Six P e r Cent W ater and Electric-L ight Bonds to
th e am o u n to f Forty-t wo Thousand Dollars in denom­
inations o f $500 each ; runniug forty years from date,
and in te re st payable annually a t th e N ational City
Bank o f New York. Bonds bearing date o f Jan u ary
1st. 1897, and coupons payable on Jan u ary 1st of
each succeeding year. Pay m ent of purchase money
M A T U R I N G 1 9 1 5 TO 1 9 2 7 .
to be m ade one h alf on February 1st, 1897, and other
naif April 1st, 1897. The rig h t to re je c t any or all
FOR 8A LB BY
bids reserved by th e Commissioners. P arties desir­
ing to oiler bids, o r asking fu rth e r inform ation, will
Vermilye & Co.,
Kuhn, Loeb & Co.,
address
JAM ES MCINTOSH,
E. C. JON FS,
N a ssa u
P in e S t s .
N o s . 2 7 - 2 9 P in e 8t«
JA S. K. GILDER.
Commissioners of Publis W orks,
N ewberry, 8. C.

Exempt From Taxation.

5 5 0 ,0 0 0
8 I 5 , 0 0 0

A TH EN S,

ALA.,

Watar-Works Bonds.
M a y o r ’s O f f ic e ,
)
A t h e n s . Ala., Dec. 20th. 1890. f
T he Legislature recently authorized th e M ayor
and Council of A thens. Alabama, to issue flfi.OoO
of commercial bonds, lawful m -ney, for the estab­
lishm ent of w ater works, 'i he bonds are to be sold
a t par In denom inations of not less th a n $100 n or
m ore th an $ .0 t»; are to ru n not less th a n ten nor
more th an th irty years, a t th e option of th e btdder,
draw ing not over six per cent interest, payable semi
annually at. th is office.
Sealed bids for these bonds, in whole or in p«*rt. in
such denom inations arid running sach time, w ithin
th e limits, as ih e bidder m ay prefer, will be received
at th is office till 1st day of February, 18a?, w hen they
wi.l be opened. T he rig h t to accept or re je c t a ny or
ail of such propositions is reserved.
THUS. C. MCCLELLAN,
Mayor.

M U N IC IP A L

BONDS.

E. C. STANWOOD &. Co.,
BA NK ER S,

121 Devonshire Street.
BOSTON.
L I S T S S E N T U PO N A P P L I C A T I O N .

Village of Proctor, Vt.,
4« Water and Sewer Bonds.
P roc to r , V t ., J a n 1,1897.
In pursuance of th e a u thority conferred by a n aot
of the G eneral Assembly of t h e 't a t e of Vermont,
approved O ctober 30th, J896, and in accordance w ith
th e vote of th e village of Proctor Dec. v9, 1800,
bids are invited for th e whole or any p a rt of th e
above-m entioned loan.
Said loan will be issued in bonds o f $1,000 each,
bearing interest a t th e ra te of ±%, payable semi*
annually in Boston, Mass., or P roctor, Vt.
A circular giving full inform ation will be m ailed
on application to th e T reasurer.
Proposals will be opened bv th e undersigned on
tb e 22d day of January. 897, a t th re e o’clock P. M.
T he rig h t is reserved to reject any and all proposals
orblda.
WlLLLAM SM ITH,
T reasurer,
Village o f Proctor, Vt.

W. N. Coler & Co.,
BANKERS.

MUNICIPAL BONDS.
34 NASSAU STREET

fVou LXlV.

I HK ( HROiNICLK

96

C o u rt of th e T errito ry w ill bo applied to fo r a m an d a m u s to
com pel th e exchange.
P o tu ero y , U hlo.—Bond* A uthorized ,—T h is city has a u th o r­
ized the issuance of re fu n d in g bonds to th e a m o u n t of $6,000
bu t th e loan will n o t be offered fo r sale a t present,
P o r t H ibson, M iss — Bonds A uthorized .—C ity C lerk Thou.
M. Rea report* to the C h b o n ic le th a t th e ciiizsna o f P o rt
Gibson have voted to issue w ater-w orks bonds to th e am o u n t
I'M U d rl tiln, V it.—Bond Offering .—Proposals w illb e r e - of $20,000. The securities will bear in te re st a t th e ra te of I
**.v* i u n til IS o’clock noon, T uesday, J a n , 12, 1897, by per c e n t an d m a tu re in tw enty-five years from d ate o f issue.
t'h ails* E. W arw ick, M ayor of th e city , for the p u rchase of T he c ity a t p resen t has co indebtedness <f an y k in d . The
|* 4-.*i3,00n of the $$,009,000 serial lo w , au thorized March 15, asstssed valuation i s $700,000 a n d th e p o p ulation (estim ated)
' !*vt and for th e *9,000,000 serial ioau authorized Ja n . 13, 2 .0 0 0 .
'.Sir*. Th" tkm jm itm uon of th e securities will k>e $100 or
P ro c to r, V t .— Bonds Offered .—Proposals w ill be received
atttlUp&r* of tin s "ism. Tlse proceeds of the $2,400,000 loan
w ill r». used to defray th* expenses of abolishing grade c re a s­ u n til 3 o’clock P, M. J a n . 22, 1897, by W tn . S m ith , V illage
ing*. and .be *3,000,000 w ill be applied to the w idening of T reasu rer, fo r th e p u rch ase of $50,000 of w ater a n d sew er
i aria ware A venue an d th e im p ro v em en t of the channel of bonds o f this village. In te re st a t th e ra te o f 4 p r c e n t w ill
the D elaw are R iser,
be payable sem i-annually in Boston, Mass., o r P ro c to r, V t.
On (!:* (Kind* first m entioned sem i-annual in terest at a rate
c,*! saw ed in g 4 p* r cent will be payable on th e first days of The bonds w ill be of th e d e n o m in itio n of $1,000.
The official advertisement o f this bond offering will be found
Jan u ary and July and th e principal w ill m atu re a t the ra te
of $330,000 yearly from Dec, 31, 1911, to Dec, 81, 1918, in ­ elsewhere in this department.
clusive, T he second loan will bear in te re st a t a ra te n o t e x ­
R eno, N ev ad a .—Bonds Projoosed.—W ate r-w o rk sb o n d j of
ec.: cling 3:^ per cent, p ayable sem i-annually on Ja n . 1 and
J u ly l, anti the principal will be divided in to tw en ty series of th is city are u n d e r consideration.
$ 5 0 0 ,0 0 0 .-stub, payable one each y e a r on Dec. 31 from 1905
S t. A lb a n s A cadem y a n d G rad ed S ' h o i l D is tric t, V t.—
i • WM i* ctu-ise. No bid w ill be considered unless accom ­ Bond Sale .—On D»e. 30, 1898, $25,003 of coupoa school
panied by a certified cheek for 5 per c -n t of the am ount bid, bu ild in g bonds of this d istric t wer-i aw a rd e d to S ey m our
and all proposals m ust be m ade upon blank form s, w hich m ay Bros. & Co , of New Y ork, F ive bids w ere received. The
he obtained upon application a t th e office of the Mayor.
s-cu rities will bear 4 per c e n t in te re st, an d the prin cip al wil I
For the $8,400,000 loan, settlem en t in full m u tt be m ade m atu re a t the ra te of $1,000 y early, beginning D ie, 3), 1397.
wiib the City T reasurer on o r before M >nday, Ja n . 18, 1897, Toe bonds w ill be issued in d en o m in atio n s of $ DO an d $ UO00.
i t 12 o'clock noon, and for th e $9,000,000 issue on M onday,
re n c e C o u n ty , N. Y.—New Bonds .—B onds of th is
Fab, ifi, 1897, a t the sam e tim e : in terest on the bonds will be c o Su nt.tyL atow th
e am o u n t of $14,000 w ill be issued Feu. 1, 1897.
ad ju sted to those dates.
The securities w ill bear in te re st a t the ra te of 4 per cen t, p a y ­
Pirn a C ounty, A rfz .—Bond News.— It is reported th a t hold- able a t th e office of th e B ounty T reasu rer.
S an d u sk v , O h io .— Bond Sale.—On J a n u a ry 6, 1897, C ity
•*r» of Pim a i au n ty bonds have given notice to th e L oan
Comrnis-don of A rizona tn a t unless th e exchange of te rri­ Clerk A. W . M iller received six bids fo r th-; p u rch ase of
torial bonds for the P u n a C ounty bonds, arranged for wheo $9,000 of 5 p e rc e n t s^w er b i n d , of the c ity of S andusky.
the co u n ty bond- were sold, is in sd e shortly, the Suprem e T he bids w ere as follow s:

p*i * iff m aiurfi so four equal initial m eals on O ctober 1, 1901,
!«>.«. 1611 stint 1910.
The l« W te bonds w ill b ra r th e tmme d ate and m atu re as
$.5 i ».j on O ctober i , 1»U ; >30,000 on October 1,
;jt*. f w , .,v ,.n Uok .U t 1, l #10, Inter*si on both loans w ill
be { s n a il n - m tu u m il lf U th e office o* th e City T reasurer.
T h tfcb o u d * will tie eoui t n bond* an d registered w ith th e
Uni*>a TYtiet Com pany of New H aven,

N E W

L O A N S .

N E W

N O T IC E T O H O L D E R S O F
W

A C O ,

T E X . ,

S v t i m it h e r e b y g iv e n th e h o ld e rs o f t h e C ity o f
W*$€*> S tr e e t im p ro v e m e n t O p tio n a l B onds d a te d
J m u M ty 15th. iSSI, d e n o m in a tio n $1,000,6% in t e r e s t
■’fie t»r*® if
if* e t t m d a te , o p tio n al a f t e r te n
t h a t n u m b e rs 1 ,2 ,3 , 4 S, 8, 7. *, 0 ,1 0 a re called
i n a n d w ill b e paid o n p re s e n ta tio n to th e W aco
S to le B ank, Want*, T e r a*.
to infest- will n o t be paid on t h e a b o v e -d e sc rib ed

OUK F R O M
1001
E IT H E R R E G IS T E R E D

G O LD

TO 1925,
O R COUPON.

Price and Particulars on Application,

Bond* a f te r lu m m y iM h, is©?.
C. a M CCULLOCH,
A tte s t;
M ayor o f W aco, T e r as.
» . W .JA B L O .N O W 8K I,
C ity S e c re ta ry .

B o n d s

C A R O T H E R S ,

S a v i n g s

a n d

L i ta rn

sknt

B a n k s

L.

D A Y

C IN C IN N A T I, O.
41 an d 4 3 W a ll S tre e t, N ew Y o rk .

E

^ H A N N & S C H L E S IN G E R

O F F E R

1 1 ^ 5 0 ,0 0 0
C i t y

o f

H o l y o k e ,

M a s s . ,

3 0 -Y E A R

B O N D S .

4? GOLD W A T E R BONDS.

C O .,

a

40 W a te r

f lo a t o n .
7 Mtummmtt s t r e e t * N e w Y o r k ,

E .

C . S T A N W

O O D

&

15$ I D e v o n s h ir e S t r e e t , B o s to n .
FOB

Y o r k

S a v i n g s

B a n k s .

■f/ftjr e l C w m b rld g re , l i n n ........
y i t r o f L o w e l l , » l n « * ............ .
C l i 'j r s i H
M m m ____ . 4 *

City of

Ohio

4

*

...... .#*

A fall desCfHdMtrtti of elf h e r o f them* issu e s, w ith
f W N $ w ill tm- rn#Ut<l m m p p lim iietu

E. H. RO LLINS & SONS,
10

BO 8T0N .

SULK

-

BAFE

-

H TIU 5ET.

-

.

*K M > r O l i L IS T

City a n d C o u n ty Bonds.
D I E T Z ,

D E N I S O N

&

C hicago Drninaare.......................................... 414a
Do* lU oincs, l a . (S c h o o l).................... ........4k »
illtiakegon, M ich ........................................... 3»
Booth Omaha, N e b r a s k a .............. — ......T *
A Mhlnud, Win. (H old ).............................. ...3 «

P R I O R ,

3 3 CHIN HR £ 8 3 S T R E E T . . BOSTON.
1 0 0 S u p erio r S tr e e t. C levelan d , O.

M

il l s

&

B

YORK.

M A S O N , LEWIS & C O .,
L a S u ite S t„
C H IC A C O .

lanchard,

BO N D S

B O U G H T A N D SOLD.

D e v o n s h ire

F O R S A L E BY

BANKERS.
i n

NEW

M U N IC IP A L

F ir st M ortp au e.

31 S t a l e s t . ,
BOSTON,

STREET,

B A N K E R S .

W e n t ( ’h ic n e o S t . iM I . ( T u n n e l ) .... --------3»

31A 8 8 .

IN V E S T M E N T S .

W ALL

C O .

IN V E S TM E N T S
N e w

O o .

M U N I C I P A L

a p p l ic a t io n

&

&

B IT T S B U I16, PA.

MUM BURS O F BOSTON AN D N EW Y ORK
STOCK E X C H A N G E S .

R .

K l e y b o l t e
b a n k e r s

T r u s t e e s .
upon

p a r t ic u l a r s o n a p p l ic a t io n

R u d o l p h

306 Fourth^ \venu^:

W
Y o r k

BO N D S

D U E N O V E M B E R 1 st, 1918.
IN T E R E S T P A Y A B L E J A N . 1 s t AND J U L T H i,
ffixeeutors, A d m in is tra to rs , G u a rd ia n s an d o th e r s
h o ld in g tr u s t fu n d s a r e a u th o riz e d b y a n a c t o f th e
New Y ork L e g is la tu re p assed M arch 14,1889, to in ­
v e s t in th e s e b o n d s.
p r ic k a n d

J A M E S

FO R

N e w

N E W
Y O R K
3U P&R C E N T

4 PER C E N T BONDS.

W ATER,
PARK,
BRIDGE.

L O A N S .

C IT Y OF

C IT Y O F P I T T S B U R G , P A .,

B O N D S .

I n v e s t m e n t

N E W

L O A N S .

B u il d i n g ,

16 S l a t e S t r e e t , B o u t o n , H Iass,
M O R TG A G E

LO A N S

IN

James N. Brown

6c Co.,

TEX A S.
I n t e r e s t 7 P e r C e n t N e t.

BANK HUS

0 ‘S C edar S tr e e t,

-

-

NEW YO RK

M U N IC IP A L , C O U N TY , SC H O O L A ND
t o w n s h ip Bo n d s

B O U Q H T

AND

S O L D .

NO

CO M M ISSIO N S c h a rg e d b o rro w e r o r Iende
u n til lo a n s h a v e p ro v e n good

F R A N C IS S M I T H a t C O .,
SA N A N T O N IO , T E X A S .

J anuary 9, 1897.]

THE CHRONICLE

Fourth National Bank. Columbas, O - ............................................$9,005 00
B. A. 8>-iiz,CbioaKO I I I ... ........................................................ .
9.057 00
Deltz, Dei nisou At Prior, Cleveland, O....... ................................ 9,075 00
Peasongnod & Mav»-r, Cincinnati. O -------------------------- -------- 9,091 25
Lanjprecbt Bros. Co , Cleveland, 0 ................................................. 9,o91 5o
W. J. H ayes & Sons, Cleveland, O .................................................. 9,102 00

The denomination of tbe bonds w ill be $500. They w ill „e
dated January 1, 1897, interest w ill be payable semi-annually
at the office of the C ity Treasurer, and the principal w ill
mature in two, three and four years from date of issue at the
rate of $3,000 each year.
San Jose, C a l —Bonds P r o p o s e d . — This c ity proposes to
issue school building bonds to ihe amount of $85,000.
S u lliva n , 111. — B o n d E l e c t i o n .—I t is reported th a t on
January 12. 1897, the citizens of Sullivan w ill decide the ques­
tion of issuing $25,000 of water-works bonds.
Waukesha, W ig . — B o n d S a l e — On Jan. 5, 1897, coupon
b >nds of this c ity amounting to $15 1)01 were awarded to N.
W . H arris & Co., at a premium of $383 and accrued interest.
We give below a list of the bids received :

97

c i y clerk, fo r the purchase of $35 000 of water bonds o f
the c ity of W aterbury. The securities w ill be dated
January 1, 1897, and w ill mature January 1, 1907. Interest
w ill be payable semi-annually on January 1 and J u ly 1,
and the denomination of the bonds w ill be $500 Bids may
be fo r 3}£ per cent or 4 per cent bonds. On December 1,
1896, the bonded debt of this c ity amounted to SI 0l2 500,
and tbe sinking fund to $134,000, making a net bonded debt of
$878,500; on the same date tbe fl latm g debt amounted to
$141,702. The assessed valuation fo r 1896, real and personal
property, was $10,700,000, and the true value was estimated
at $45,000,000. The population in 1890 was 28,646, and on
Dec, 1, 1896, was about 38,000.
Web.-ter Grove, itto.— B o n d E l e c t i o n .—I t is reported that
electric-light bonds of this place to tbe amouut of $20,000
have been proposed, and the question of issuing the same w ill
soon be submitted to a vote of the people.
Youngstown, O hio . — B o n d S a l e . — I t is reported that this
c ity recently sold $25,000 of school bonds to Dietz, D inison &
Prior. Tbe securities bear iuterest at the rate of 6 per cent,
and w ill mature in from
to 1 % years from date of issue.

N. w . Harris Si Co.. Chicago.................................$15,383 00 and interest
Farsnn. Lenohtfe Co., C hic-go.............................. 15,339 75
Budoli h K ieybolte & Co., C in cin n a ti................ 15,337 50 and interest
The Latoprecht Bros. Co.. Cleveland................. 15.315 75 and itrcrest
15,312 00 and interest
W. J, H-*yes Sr Sons, Cleveland.........................
Fayette Conuty, T ex.—The follow ing statement has been
B. A. Seitz Chicago......................................
15,250 no and interest
Seasons od & Mayer. Cincinnati......................... 15,188 75 and iuterest correoted to December, 1896, by means of a special report to
V. B. White C ., Sew York........... .................. 15,105 00
las W Lonjrstreet & Co., B o s to n ..................... 15,085 5 >and interest tbe C h r o n i c l e from R. T. Bradshaw, County Treasurer. The
S. A. Kean, Chioigo ............ . ........................... 15,000 00 and interest ja il, court house and road and bridge bonds are a ll owned and
Wankesba. National Bank. Waukesha................ 15,000 0 and interest
National Exchange B ink, W aukesha................ 15,000 00 and iuterest held by the Permanent School Fund of F lyette county and
Wisconsin Trust Co., M ilwaukee........................ 15,000 00
are non negotiable.
Mason, Lewis <fe Co., Chicago (for $ 1 1 ,0 0 0 )...
14,111 00 and interest

The securiiies w ill be of the denomination of $1,000. They
w ill be dated Ju ly 1, 1896, and interest at the rale of 5 per
cent w ill be payable semi annually. Both principal and in ­
terest w ill be payable at the office o f the C ity Treasurer. The
first coupon, due Jan. 1, 1897, w ill be detached. Tne bonds
w ill mature at the rate of $1,000 yearly fro m J u ly 1. 1897, to
Ju ly 1, 1911. Tne bonded debt of the c i'y , including this
issue, is $45,000 ; assessed valuation is $3,490,000, and the
population is estimated at 7,600.
W aterbory, Conn.—B o w l O f f e r i n g . —Proposals w ill be re­
ceived u n til 8 o’clock P. M. Feb. 8, 1897, by Richard F. Grady,

The county seat is La Grange.

LO AN S—
When Due.
C ou .vrr J a ’ 1 , B o n d s —
5s, Apr. 10. $15,000 Apr. 10, 1899
COOKT H o r s e B o n d s -

68. Apr. 10. $5,000 . Apr. 10. 1905

J A N U A R Y IN V E S T M E N T S .

5s. Apr 10, 11,000 Apr. 10, 1906
R e f u n d in g B o n d s 1895.
5s, A AO, $ 75,000 ...... May 15,1935
All bonds exoept the $75,000 of
taxation .

W E OFFER

S c a le o f O h io 4^»a.

C ounty o f King-*, N . V ., 4».

T H E F O L L O W IN G G IL T -E D G E S E C U R IT IE S

C o u n ty o f Q u e e n s , N. V ,, 4 s ,
C ity o f N e w H a v e n , C o n n ., 4 s .
C ity o f S o m e r v ille , M a s s ., 4 s .
C ity o f N e w a r k , N*. J . , 7 s.
C ity o f P a t e r s o n , X . J . , 4fca.
C ity o f M il w a u k e e , W l» ., 5*.

Rome Vi. & Ogden. 1st M. 5s, doe 1922.
Chic. A West. In d ia n a 5s, d' e 1921.
Lehigh V alley 4]£s, due 1940.

Farson,

Leach

Lehigh a N. X . 1st 4s, due 1945.
N. Y. A New England 1st 7s, due 1905.
Lung Dock Os. due 1935.
& Co., N. Y. Lack, ic West. 1st 6s, doe 1921.
N E W Y O R K . M ilw aukee I.. S. & W is t. 5s, due 1929

C H IC A G O .
1 1 5 D earb orn S t.
Z W a ll s t .
L is t M a ile d U pon A p p lic a t io n .

M U N IC IP A L BONDS
OF

C H IC AG O .
B O IG H T

AXD

F u ll P a r tic u la r ,

Also the following guaranteed Railway Stocks.
N. Y. Lack. & W estern,
U n ite d R a ilw a y N. J „
Rensselaer <k Saratoga,

P itts . M cKeesport & Yooghlogheny.

5%

Prices and P articu lars Furnished Upon Application

SOLD.

C. H. W H ITE & CO.,

4%, 4^2% and

o n A p p lic a tio n .

ra B R O A D W A Y , N E W Y O R K .

N. W. H A R R I S & CO.

W. J. Hayes & Sons,

15 W A L L S T R K K T , N K W Y O R K .

70 S tate St., Boston.

BANKERS,

Blodget, Merritt & Co.,
BANKERS,

16 Concrresa Street, Boston.
STATE CITY & R AILR O AD BON Dh

"chronicle
S IN C E

volumes .
1806 .

Any office possessing th ese volumes baa a . hand
fo r convenient reference a com plete and reliable
financial history o f th e period. P a rties having tfi»
more recent volum es can obtain from tho publishers
m ost of the earlier volumes, o r com plete sets can be
furnished.
APPLY TO
W IL L IA M

B. D A N A

CO M PANY,

7WH P in e s t r e e t . N e w Y o r k ,

S in k in g f u n d .......................

N et debt D^c., 1896___

1 8 ,252

139,247

R o a d a n d B k id g k B o n d s Tax valuatiou 1895 ........ 8,308,000
58, Apr. 10. $41,500. Apr. 10, 1902 I Assessm ent, about *3 actual value.
5s, Apr 10. 10,000. Apr. 10, 1904 | S tate & C o .tix (p .$ l,0 0 0 )’9ri.$3'80

N E W LOANS.

N E W LOANS.

Suhjeot to call after May 1 5 ,1 9 0 5
Iuterest payable in N ew York.
Total debt Deu., 1 8 9 6 ___ $157,500

DEALERS IN M U N IC IP A L BONDS,
S tree t Railway Bonds, and o th e r high-grade In­
vestm ents.
BOSTON, MASS.,
C le v e la n d . O h io ,
7 Exchange Place.
3 1 1 - 3 1 3 H u p e r io r S t.
Cable Address, "KENA/ETH.”

Population in 1890 w a s.......31,481
Population in 1880 w as__ .-27,996
Population, 1895 (est.),over.40,000
refunding bonds are exem p t from

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

An Old Favorite With New Features.

THE

LIVING AGE,

F o u n d e d by E . L if t e d In 1 S 4 4 .
In 1896 th e subscription price of T h e L iv in g A ge
which had been Eight Dollars a year, was reduced to
S ir Dollars. T he effect of this change w as to add
hundreds of new nam es to th e subscription lists.
Encouraged by th is response th e publishers now
ta k e pleasure in announcing several new fe a tu re s of
in te re st which th e y propose to Introduce. These
include
F lr a t . the; p tib l5 a lio n o f o c c a s io n a l t r a n s ­
la t i o n s from t b e F r e n c h , G e r m a n , S p a n ­
is h a n d I t a lia n r e v i e w s a n d m a g a z in e s .
S e c o n d , th e a d d itio n of a M o n th ly S u p p le ­
m e n t c o n ta in in g th r e e d e p a r tm e n ts ,
n a m e ly :

Readings From American Magazines,
Readings From New Books.
A List of Books of the Month.
The proposed Supplem ent will add about th re e
hundred pages annually to th e magazine, w ith o u t
any added cost to th e subscribers.
Published weekly a t $6.00 a year.
j y T o X c w S u b s c r ib e r s fo r th e y e a r 1**97,
re m ittin g before January 1, th e weekly num bers of
1H9G issued a fte r th e receipt of th e ir subscriptions
will be sent G R A T I S .

Address

THE LIVING AGE COMPANY,
P . O. B o x 52(1 (i, B o sto n .

CRIPPLE CREEK, COLO,,

th e lead ng gold-m ining region in th e U. S.. with
nearly 3*>0 oaying mines, producing $1,000,000 i er
m onth ; population of town, ;JO,0<>0 ; of district. 40,000,
- I s yet In its Infancy. T he big profits come from de­
veloping mining claims and advance in values. I
offer undeveloped claim, near shipping mines, $i"..onj
can IPt and oond a t $3<V O . Five-sixths of stock In
company owning 19 acres choice location, $20 000;
can bond a t $70.“00. rl.^OO buys lease, now work­
ing. h e art o f district, with bond for claim at $4 0,000.
H alf in terest in claim »1 6«»0; $600 procu es la te n t
and gets one-third in te re st In another; both fair loca­
tions
P a rtly developed mine, shipping and paying, has
produced $«0 ,uu0 ; price f 13rt,« 0 .
S. M. SM ITH. P. O. Box 1599.
Room 1, F irst N ational Bank Building,

Cripple Creek Colo.

O LJ .D
BO O K S S H E IE
C r a w f o r d , 3 V Z N. r t h S t., H t.LouU ,[Y I

A.

SECURE BANK V AULTS .

GENUINE
W 8LD ED CHROME STEEL AND IRON
Round and F lat Bars and «*>-p]y Plates and Angle
FOH SAFES, VAULTS, AC.
Cannot be Sawed. Cut or Drilled, and positively
B urglar i^oof.
C H R O M E Sl'KKL W O R K S ,
K ent Ave., Kea p& H ooper Sts.
Sole M an'f ers in tb e 17. H, B R O O K L Y N , N . f «

[VoL. LXIV.

THE CHRONICLE.

98

Bankers and Bvohcvs (Out of |U iu ^ovfe.

Henry Sproul & Co.,
II

ro IR T H

*V W ® B ,

P IT T S B F R O ,

P *.

M uauui of t i l
m w to its i m m c m A M t
r n iL A O H .p t it a i t o c i u n u x o A
P t m > c i u ) u n i A K u l rs i ik m h x k h ).
c u ic a o o i t o c i i i n u N o i
CHICAOO BOARD OP TR A PS-_______

Richardson 8c Clark,
STAHL 6c STRAUB,

i9Un\.

INVESTMENT BANKERS,

113 S O U T H

F IF T H

STREET,

( DRKXKI . B U IL D IN G ).

P H IL A D E L P H IA .

Edward B. Smith 8c Co.,
BANKERS AND BROKERS

T. Mellon 6c Sons’ Bank,
P IT T h H IR G H , PA.

w. G.

Ho pper .
H . 8. H o p p e r *
Mi-mbor* of Philadelphia Stock Exchange.

ST O C K A N D BOND BROKERS,
is South Third Street, Philadelphia.

B A N K I N G . C O L L E C T l O ltP .

E. W. Clark 6c Co.,

C H IC A G O .

A. O. Slaughter 6c Co.,
B 19IK K K H A N D B R O K B B S

S O U TH E R N .

1 1 3 - 1 1 7 I.A B A L L S S T R E E T .

J-P. ANDRE’ MOTTU & 00..

C H IC A G O , IL L S .

Investment Brokers,

K m M n New York Stock Kxchanite, Cbtcateo
- w e t K xcbaase u d C h io u n Tio.rO o f Trad*.

NORFOLK, V A .

Jamieson 6c Co.,
STO C K S—BONDS,
M w obm New York And Chicago Stock Exchange*.
1M7 D E A R B O R N

ST R E ET

C h ic a g o . I lia .
Private wire to New T o d and Philadelphia.

Loeb 6c Gatzert,
MORTGAGE BANKERS.
1 2 6 LA H A L M ' S T H E K T , I ' l l I D AG O .
Pirn Mortgages for sale »n large and small amount*,
netting tnv**t<>r« ft, M* and a jwr cent, secured by
improved and income-bearing (Chicago dt j property.
P r in c ip a l a n d I n te r e s t P a y a b l e In G o ld .
OOKIIJSSPUNDENCK SOLICITED.

A G. Becker 6c Co.,
tm ooar?A 4T > D i

C O M M E R C IA L PAPER
144 U Smlli- M., UlicAsn. 111.

C IN C IN N A T I.

S e a s o n g o o d 6c M

ayer,

• • 1 7. O n u r T h ird n u d W n ln u t H lr m lt,

C IN C IN N A T I, O H IO .

M UN IC IP A L BONDS
H le A ^ ira d a c :n r, r ..q n ty . T ow n e n d School Honda,
•waed
lead in g i'n -» te rv w -data* o f th e U nion
aap aetailf a U :K n | for * t f «> s*<><t porm annul Itiv ta i.
%«n *r,+ rtsteUM an d T re at P anda.

Irwin, Ellis 6c Ballmann,
BANKERS AND BROKERS.
D eal in C in c in n a t i B o n d s .
N »w N *. * 7 h H T h i r d f M „ 'C t a e l a * . i l ,» |l | . .

DEALER IN

High-Grade Investment. Securities.
S tr e e t R a i lw a y R o n d s a S p e c ia lty .

ST- LOUIS.

J. E. Crawford 6c Son.,
B ond and S t o c k B r o k er s.

Street Railway Securities a Specialty.
305 P IN E ST R E E T .
S T . L O U IS, M O .
E d w a r d s W h it a k e r .

C harlies H odom am .

Whitaker 6c Hodgman,

\ o . 13D S o u th F o u r t h S t.,
P H IL A D E L P H IA .
Transact a general banking business.
Allows
in te re st on deposits.
Members of th e Philadelphia and New York Stock
Exchanges, and connected by private wire wlih
New York.

IN V K H T ^IK N T t*

S. D. Loring,
43 S T A T E S T R E E T , B O STO N .

<P«*ctal attention given to PH IL A D ELPH IA
STOCKS and INVESTMENT SECURITIES,
p. o . Box 1348.
Local telephone IttO.

BANKERS AND BROKERS,
I .K IK K 4 L

B (N D 8. STOCKS A N D 1-OCAL S E C U R IT IE S .

PHILADELPHIA.
Member* Philo, and New York Stock Exchange

Whitney 6c Stephenson, Wm. G. Hopper 8c Co.,
BAXKKKft AND BROKERS
N o . ft 7 F O t K T I I A V E N U E .
O M « l Pittsburg Member* N. T. Stock Exchange

P R O V ID E N C E , R . I , '

BOOBHR BU ILDING .

O O Iitt» P O N D * N T *
t u t o f Se>«r Vurt. X. ft. A.
PUvt Naikitvil Rank of PbUa4»ipbU.
P I T T M t l 'K O ,
F A .
COTA MLtail Kt> IPTI.

HANKKKM

2 5 E x c h a n g e S tr e e t,

N. Holmes 6c Sons,
P I T T ft B O B t i,

E A S TE R N .

PHILADELPHIA.

P ITTSB URG .

SOUTHERN

INVESTMENTS.

ROND AND STOCK R R O K E R S ,
3 0 0 N o rth F o u r t h Street,

___________ S T . L O U IS .___________

M IS C E LLA N E O U S .

Ladd 8c Tilton,
BA N K E R**,

P O R T L A X P , OREGON.
ESTA BLISH ED IN 1859.
T ra m m e l n G e n e r a l

IfU i.i am WTL80N 6 sonh . Established 1802.
WIL80X, COLBTON & CO., *
“
1867.

John W. Dickey,
BROKER.

AUG USTA, G E O R G IA .
H O PTH BRN

S E C U R IT IE S .

Davenport 6c Co.,
B A N K E R S

A N D

I I H O K E H 8 ,

R IC H M O N D , V I R G I N ! A .
K8TABLISHXD 1860.
Correspondence solicited and inform ation fu r­
nished about Southern State, Municipal and Rail
road Investm ent Securities.
Reference—Bank of New York N. B. A.

C. W. Branch 8c Co.,
RANKERS AND BROKERS
sta t e Bank b u il d in g ,
K1C H 7IO N D , V A .
Private wire* connecting with W ashington, Balti­
more. Philadelphia, New York, Boston and Chicago.
New York Correspondent*: Messrs. Ladenburg
rnalm aun A Co. and Lehman Bros.

Fred. M. Smith,
7 0 SO U T H S T R E E T ,

AUBURN, SE W Y O R K .
M*k«« .peoIsJtT a t Bunk Block., U n a id e d »nc
W »t*r Bood. nail f n r a l . h c Solicited in fo rm a l).

B u e ln e a * .

BANKS.

Wilson, Colston 6c Co.,
.Members of B altim ore Stock Exchange,
B A NK ER S,
i l U E a s t B a ltim o re S tr e e t, B n ltlm o re .
Investment and Miscellaneous Securities a spec­
ially. and whole issues handled.
Exceptional facilities for dealings m a ll classes of
Southern Knuds. Loans on C ollateral 8ecurities
negotiated.

B a n k in g

Co lle c t io n s g iv e n S p e c ia l A t t e n t io n .

FIR ST

N A T IO N A L

BANK

O F M IL W A U K E E .
C A P IT A L ,
SU RPLUS,

.

.
-

.
- ____-

-

8 1 ,0 0 0 ,0 0 0
8 - 3 0 0 ,0 0 0

T ransact a General Banking and Foreign Exchange
Business. Collections receive Special A ttention.
OFFICERS
F . <4. B ig e l o w , P res’t.
F. J . K i p p , Cashier.
W m. B ig e l o w , V .-Pres’t. T. K. C a m p . Ase’t Cashier.
F. E. K r u e g e r , 2d A ss’t Cashier.

San Francisco,
The F’irst National Bank
O F SAN F R A N C IS C O , C A L .
U N ITED STATES DEPOSITARY.
G n p lta l, 8 1 ,3 0 0 .0 0 0 I S u r p lu s ,
9 0 3 0 ,0 0 0
S. G. M u r p h y , President, J ab . K. L y n c h , Cashier
J a M18 M o f f it t , V .-Pres- J . K. Mo f f it t , A su Cash
General Banking Business. * «'00 tint« 00liCited

Canal Bank,
N EW O R LEA N S, LA.
(Successor of N. 0 . Canal & Banking Co.)
C A P I T A L , $ 1 , 0 0 0 ,0 0 1 ’.
J . C. MORRIS. P resident, EDW ARD TOBY, YicePres. EDGAR NOTT. Cashier.
C orrespondents—N ational City Bank, N ational
Bank o f Commerce. New York: Boatm en’s Bank.
St. Louis; N. W. N ational Bank. C hicago; M er­
c h an ts’ N ational Bank, Boston.
S p e c ia l

J t 'i i - P

C o v e r

—fo r —
Q

h

R O N I C T jK

$

U P P L E M K X TH

C nn b e Imtl nt office fo r 0 3 c e n t* or
m a ile d fo r 8 0 c e n tn .

W ILLIA M

B. DANA CO M PAN Y,

7 6 h l*ln e H lr e e t, N e w Y o r k .