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Quotation Supplem ent (moium^) Street Railway Supplement (0^$
Investors Supplem ent (quarterly) State and City Supplement
[■ u teres aooordlnv to Aot of Oongreso, In th e year 1898, by the William B. D m
Oompahy , In the office of the Librarian of Oongrest
SA TU R D A Y , JU L Y 16, 1898.
VOL. 67.
’g hz C h ro n icle .
P U B L IS H E D
Ol.arinoa a t—
W EEKLY.
Terms of Subscription—Payable in Advance :
New Yorx..........
Philadelphia....
Pittsburg...........
Baltimore..........
Buffalo...............
W ashington....
Rochester..........
Syracuse............
Scranton...........
Wilmington.......
Binghamton. ...
Total Middle..
NO. 1725Week ending July 9.
1898.
1896
1898.
1897.
?
f
617.814,853 508.263,618
66 832,709
50,884.033
10.674,174
15,4o4,722
14.372.567
13,173,276
3,0 3,917
3.766 806
1,950,195
2,012,888
1,582, L0O
1,881,660
1,1*23,199
901,204
64»,Vl0
620 983
803.731
887,382
388,7u0
332,800
715 8 47,201 69).005,701
F o r O ne Y e a r ............................................................................................... $ 1 0 00
F or S ix M on th s............................................................................................
6 00
E u rop ean S u b scrip tio n (In clu d in g p o s ta g e )................................. 1 2 00
E uropean S u b sc r ip tio n S ix M onths (in clu d in g p o s ta g e )........
7 00
A n n u al S u b scrip tio n in L o n d o n (in clu d in g p o s ta g e ).............. S,2 10s.
S ix M os.
do.
do.
do.
. . . . £ 1 10s.
A b o v e su b scrip tio n in c lu d e s —
T h e Q u o tat io n s u p p l e m e n t
I S t r e e t R a il w a y S u p pl e m e n t
T h e I n v e st o r s ’ S u p pl e m e n t
| S ta t e a n d Cit y S u p p l e m e n t
A ll o f w hloh are fu rn ish ed w ith o u t e x tr a ch a rg e to e v e r y sub scrib er B o s t o n ...............
90,226 425
94.780.593
o f th e Co m m ercial a n d F in a n c ia l C h r o n ic l e .
4,000,4U0
4,938,700
Providence...........
3,207.812
2,735,590
F ile c o v er s h old in g s ix m o n th s’ is su e s or s p e c ia l d ie c o v er s for Sup H artford... . . . . . .
1,583.991
1.06>,48l
New Haven...........
p lem en ts are so ld a t 5 0 c e n ts e a c h ; p o s ta g e on th e sa m e is 18 oents.
1.0/4,736
1.270,« 80
Springfield...........
1,339,103
1,4:07.213
Worcester.............
Terms of Advertising.—{Per Inch Space.)
1,230,797
1,267,002
Portland...............
T ra n sie n t m a tte r ...... ............ $ 3 5 0 t T hree M onths {13 tim e s )..$ 2 5 00 Fall R iver............
692,910
751,002
697,024
st a n d in g BUSINESS CARDS.
S ix M onth s
(26 “ ).. 43 00 L o w ell..................
611,784
3)4,849
300.775
T w o M onth s
(8 t im e s ).. 1 8 0 0 | T w e lv e M o n th s (5 2 “ ).. 58 00 New Bedford.......
104,860,847
109,750,826
Total
New
Bng..
L o n d o n A g e n ts:
M essrs. E d w a r d s & S m ith , 1 D rapers’ G a rd en s, E . C., w ill ta k e sub Chicago...................
88 432 495 73,750,782
11.337,000
12,398 051
s c r ip tio n s an d a d v e r tis e m e n ts , a n d su p p ly s in g le o o p le s o f th e paper Cincinnati....... .
6.830.83S
5,336.0-2
Detroit...................
a t I s . each .
7.008.471
6,600,246
Cleveland...............
4.137.053
3.750,945
Milwaukee.............
W IL L IA M B . D A N A C O M P A N Y , P u b lis n e r a ,
8.070.900
8,643,0 0
Columbus..............
2.207.928
2,1d2.*08
P in e S tr e e t, C o rn er o f P e a r l S tre e t,
In d ian ap olis..........
1.298.077
1.099,205
Peoria.....................
1,430 811
1.3La.0iP
P o st O y f io b B o x 9 5 8
N E W Y O R K . Toledo....................
073*044
830,' 28
Grand Rapids......
814.820
093,720
Dayton....... —........
3. 6.7t 6
343,691
Lexington..............
250,094
288,740
Kalamazoo.............
CLEARING HOUSE RETURNS.
255,000
269.00>»
Akron.....................
192 920
2l3 64*0
Bay
C
ity................
The following table, made up by telegraph, etc., indicates Rockford..........•••■
198,495
207,369
184.325
187,897
prlngfleld, Ohio...
that the total bank clearings of all the clearing houses of 9Canton....................
168,023
105 062
243,963
221,179
Youngstown..........
the United 8tates for the week ending to-day, July 16, have
027,210
Evansville*............
been $1.199,113,456, against |1 ,052.310,760 last week and Tot. Mid. W est’® 180,118,2)3 H1.C19.795
11881,891
*1,064,540,517 the corresponding week of last year.
10.775,718
San Francisco..,
1.635,199
1,510,005
Balt Lake City —
1,048,274
1,057 454
Portland............
1.170,596
W
etk
Ending
Tuiy
10.
1.327
"20
Los Angeles......
CLEARINGS.
445,893
400,000
Helena...............
Return* by Telegraph.
53".OO0
4-7,731
Per Oent. Tacoma........ .
1898.
1897.
564,057
956 834
Seattle.............
723.471
00 .800
+19*1 Spokane.............
•4 93.728,658
N ew York..................................
•591.587.778
242.037
166,921
-9*5 Fargo........... .
88.091,238
B oston.........................................
79,889.403
49 305
57,802
Sioux
Falls.......
+16*6
48,957,302
57,087,882
Philadelphia...............................
19.399,104
10,836,950
Total Paclflo.,
+0*7
12,980,177
Baltim ore....................................
13,85 ,973
o,m ,6to
7,555,195
+15*2 Kansas C ity.........
71,470,431
82,323,521
C hicago.......................- ...............
6,446,8'’2
6.011.612
+18*2 Minneapolis.........
5.587.445
4 119,200
20,373,103
24.079.049
Bt. L ouis......................................
Omaha...................
2.7/7,895
2*b0V‘71
39*3 St. Paul.................
4,597,143
5,482.147
New Orleans.............................
2,167.611
1,817,0:3
D enver.................
620,946
669.095
+14*9 Davenport............
$743,198,172
Seven cities, 5 days..........
§854,083.753
2.2o6,55u
1,10L002
St. Joseph ........
+3*7
8 IO.O0 O
95 \0OC
135,017,240
140.016,234
Other cities, 5 da y s.................
Des Moines...........
4* 8.718
038.08S
C ity............
+13 2 Sioux
318.745
*37,071
$878,215,418
Total all cltle i, 5 d a y s ....
•994,099,987
Lincoln. ...............
847,751
aid.evs
+10*0 W ichita.................
205.013.469
180.325.089
All cities, 1 day.......................
414.412
421.321
Topeka..................
91.84C
09,320
+12*6 Fremont...............
$1,004,540,507
Total all cities for w e e k .. •1,199.113.450
125,100
103,925
Hastings...............
20,079,851
81.101,812
The full details of clearings for the week covered by the Tot. other W est
20.113,024
24.276.793
above statement will be given next Saturday. We oannot, 8t. Louis...............
4,867, *22f
6.19L.23I
New Orleans.........
4 967,202
5.84 4,042
of oourse, furnish them to-day, bank olearings being made Louisville.............
1.047,850
2.418.05C
Galveston.............
1.083.783
9.171.334
up by the various clearing houses at noon on Saturday, and Houston.......... .
1.429.593
1,303 505
2.911.641
3,269 834
hence in the above the last twenty-four hours of the week Savannah.............
Richmond.............
1.298.089
1,473,495
Memphis...............
1,168.178
1,054 154
have to be in all oases estimated, as we go to press Friday night. Atm nta.................
1,031.402
1.251,974
Nashville..............
864,470
We present below our usual detailed figures for the pre Norfolk..............
890,60i
63*. 182
781.652
Fort
W
orth..........
507,9)1
vious week, oovering the returns for the period ending with Augusta................
413 822
409,748
342.514
Saturday noon, July 9, and the results for the corresponding Birmingham.........
38/,437
398,101
Knoxville.............
260,307
288,718
Rock...........
week in 1897,1896 and 1895 are also given. Contrasted with JLittle
38 \2i7
191.13*
a c k s o n v i l l e ............
277.332
260.451
the preceding week, there is a decrease in the aggregate ex Chattanooga.........
451,000
380.000
M a c o n ...........................
60.803,728 10,310,249
changes of about three-hundred and twenty nins million dol Total Southern.
lars, and at New York alone the decline is two hundred and
nine millions. In comparison with the week of 1897 the
total for the whole country shows an addition of 15'9 per
cent. Compared with the week of 1896 the current returns
record a loss of l -7 per cent, and the falling off from 1895 Is
0’9 per cent. Outside of New York the gain over 1897 is 8 b
per cent. The decreass from 1896 reaches 4’5 per cent, and
making* ^omoari
«Ht.h
tb s loss is s o t >be 9'4 per
oent. In 1896 and 1895 the figures included a full week.
Total a ll............ 1,051,210.760 907,099,372
Outside N. York. 434,3)6,007 "39M3W2I
13.689.459
Montreal..
13,038 155
9 418.779
Toronto. .
11,433.9:6
2,089.098
Halifax. ..
1.837,51*
1,877,304
Winnipeg.,
1,009.081:
708.372
935,304
Hamilton..
8 0,006
0314«C
St.John...
29491.281 — 287080,3L5
Tnt.a1 r'n
i>oi i n c l u d e d i u t o t a l s .
1896.
615.209.ei7 682 905,957
64,108.20
0^+20.826
16.lP3.50l
10.341.193
10, 90.V26
14 999,890
4.243 0:3
6 3 6,276
2,240.000
1.903.192
1,79o.03j
1.042,li£
1,160.258
1,062,309
+2 0
(’93.548
847.320
-9 4
751,418
705 866
+17 0
343,100 __ 406,200
+19 8 723.018,056 695,204.718
-4
02.983,781 102 031 023
-1 7
6.177.400
6 780 7u0
3,400.760
3 128 738
+±l
2,0.-9.924
1.845.167
+30*
1.440.V24
1.629,80«>
-8
1,709.080
1,473.751
-2
1,554 0 '2
1,824 216
—21*
811^81
764 674
+106*8,704
fc'48,923
—10
538,456
442,442
110,385,324 119,109,142
+19-9 88.883,990 93.6P9.80e
+ 9 4 12.068,100
14.310 700
+9 3
6,616.i83
v«2
+2S-y 7,049 532 6.7JO
6,771210
+10 1
5.401,545
6 257 521
+3 0
8,824,/00
8,907 000
+0 7
2,441.022
1,465 941
+18*0
1.814,657
1,976.394
+8 6
1,434,145
1,045,782
+217
783.726
818 039
+17*5
099,026
-t-3 2
444,8)8
4P6 710
—13 4
234 949
274 726
+5‘6
222.200
297 708
+2 0 +
814.394
856,057
—4*3
211.100
812 051
-19
229.118
220 221
+18
200,4L0
193 048
-9*0
+ 21*6
+ 11*5
+8 0
+91
—2 5
—28
+14 5
+24-6
+17*2
183.394,143
148.013,07€
+10*3
11.747.933
1,130,601
1,262.110
1,173,217
543,P0O
12,512.768
1222.160
1,388 020
1,232,809
614.96C
005.181
540,197
+ 1*6
+68 1
+ 13*4
+11*1
-t8 7
+t9 0
+8 0
+66 2
+71*8
+ 14*0
+21*4
-8 0
+36'
—2
+4L3
+39 7
+104*9
+1L8
+30*3
+6'9
+ 02
+1*7
4-3*7
+20 3
+19*5
+20*7
-6*4
+17*9
+486
-226
-
8*8
-10*7
+14*0
—9*0
-18*4
+4*2
+40*3
—lb*6
—10*4
+ 2*8
— 11*15
+3*2
+10*7
-15*7
■ ""+9*1
66/.000
600.000
484 310
230 224
79,808
17,914,135
9.042 510
8.024,8<6
4 698,598
6,827.050
2,106.7:0
819.241
1,107,832
1,024,959
4C0.7C8
360,494
800,075
485.801
69.820
__ 70.722
84,292,451
894 0 9 8 '
198 685
__t4,tee
18,018,692
0l,e44,20X
62 4F5.P50
0.809,388
5,6o7,904
1,618,4t0
1 630.4 68
1,508.660
8.0i'6.774
2.278 659
1 ,4 0 3 ,3 4 3
1,100,719
826,398
672.777
857,000
426.906
487.223
279 097
313.640
264,752
51.091,039
63.890,970
+15 9 1,070,095.148
4547885,631
+ 8*8
—1*1
+21 4
-9*1
+16*8
+*2 0
-29*7
+6 2
11.348,107
7.263.189
1,605 K35
1,140,884
729 *12
700,000
22,663,627
24,822,687
**92
THE CHRONICLE.
[Von. LXVTI.
towns of Spain, striking at the port which was most
vulnerable, she was forced to keep all her ports in a
The subscriptions to the “ popular loan,” which state of defense and was restricted to simply repelling
closed Thursday at three o’clock, are announced to our attacks if she could, We have remarked upon
have reached $1,325,000,000. As an indication of the the Santiago surrender in a. subsequent article and
credit of the Government this response from such a need not dwell further upon that feature here.
Earlier in the week, and while the issue at Santiago
mass of capital for a 3 per cent loan at par having
probably only ten years to run is highly gratifying. was still in doubt, other incidents had emphasized the
It affords, too, timely and impressive testimony of decisive results of the defeat of Admiral Cervera.
the abundance of wealth in our midst waiting for in Nothing could better disclose the radical character of
vestment, telling the public that the only condition the change in the situation thereby secured than the re
needed to make this wealth serviceable for industrial port from Washington that an order of the Secretary
of War is speedily to be issued for the removal of a
expansion is confidence.
While all this is true we caunot help expressing large part of the submarine mines which now
regret for the misnomer involved in calling these sub protect the harbors of the United States against
scriptions offerings to a “ popular loan,” as though the entry of hostile ships. These mines when
our p ople in what has been done were making a placed were of course highly needful as a protection,
sacrifice for a principle. If the expression “ popular” but have been at the same time a decided detriment
had been made to refer to the desire to secure the io commercial interests. Eor about two months, be
bonds at the upset price, it would have been well tween the hours of sunset and sunrise, it has been
chosen. In that sense, if the price had been lower impracticable for vessels to enter or leave any of our
the bonds would have been more “ popular ”—that is harbors. The determination to remove in large meas
to say the subscriptions would have aggregated a ure this hindrance shows the confidence the Govern
much larger sum. But to characterize these subserip- ment now feels in the safety and freedom from attack
tions as an expression of patriotism, or to assume our coast cities again enjoy. Another incident similar
that they evidence to any considerable extent in its working is the recall home by Spain of Admiral
eagerness to get the bonds by men of small Camara’s fleet from Port Said, after having only just
-means who do not keep a bank account other passed through the Suez Canal on its way to Manila.
than in a savings institution, or even that they This sudden reversal in the destination of those ships
are proof of a wide distribution for investment among relieved all possible anxiety with reference to Admiral
the people, is clearly unwarranted. The simple truth Dewey’s situation that fleet may have given rise to.
is that Congress offered a loan below its market value Besides these matters the peace movement at Madrid
and the shrewd and thrifty among our population gained new force immediately following the loss near
were wise enough to “ chip in” and take it. Some of Santiago Harbor, and since the fall of Santiago it ha s
these bidders live near AVall Street and pretty much all looked as if the prospect in that particular was even
of them have affiliations with Wall Street. This feature more promising. We do not mean that there is sub
is worth referring to because the law authorizing the stantial reason as yet to expect that Spain is ready
loan is one of a long series of Congressional devices to grant what our Senate would demand to close the
intended to humbug the more ignorant wage-earners war. But we have in the current movement the be
and countrymen—devices which have led to a great ginning of the end. It only remains for us to forward
nonfusion of ideas respecting money and money lend vigorously whatever plans have been undertaken, and
ers among those classes. Bear in mind then that the peace cannot be far off. The happenings we have men
only party that has made a sacrifice in this operation tioned show clearly enough that Spain is no longer in
is the Government, it having donated to the subscrib a situation to make an aggressive movement against
ers several million dollars; furthermore, that with any portion of the United States, and that business
very few exceptions the people who have become the enterprise is consequently relieved from the menace
beneficiaries of this Government munificence belong to which the possibility of such an attack has given rise
to.
the class popularly called “ Wall Street sharks.”
We should not omit to record the fact that Con
We wrote last week with reference to the complete
change that had been effected in the situation of the gress has adjourned. A less advertised adjournment
war and especially in its influence as a menace to our has never come within our experience. Such an oc
industries by the destruction of Admiral Cervera’s fleet. currence has hitherto almost invariably caused a feel
The truth we attempted to enforce and the extent of ing of relief throughout business circles. Last Friday
the transformation which that event wrought have afternoon at two o’clock the Session came to an end,
been further and forcibly illustrated by the incidents without any evidence apparent of either regret or
of the last few days. Chief among these is the surren gratification on the part of the public. This iudifder of Santiago on Thursday. To the array of course ferenco evidences how exclusively the war and its in
belong- i n considerable measure the credit of furnishing terests have occupied the attention of the legislator
the nayv the opportunity to destroy Cervera’s fleet and of the individual. When the needed legislation
and of following up that disaster by the investment of affecting our army and navy had been finished the
th e city which has now surrendered. But antedating Senator’s and Congressman’s necessary work was at an
this grand success was the discouragement produced end. The session offered but limited scope for the
•throughout Spain by a consciousness of the utter loss kind of agitation which of late years has been so harm
of sea power it had suffered and the inevitable result ful to our industries; what chance in that line lay
of that loss. With it passed away the last chance open was of a negative rather than of a positive char
chat country had of aggressive or offensive war, acter. It was sins of omission not of commission that
reducing its future movements to mere matters of this year fell within the sphere of possible action.
defense. While we were left free to send our fleet Congress had the opportunity to do the country a
where we chose, to carry the war even to the coast 1great service and to permanently benefit all our indus
TH E F IN A N C IA L SIT U A T IO N .
JULY 16, ltStS.J
THE CHRONICLE.
93
tries. Commercial and financial classes earnestly de importance, both in its effects on our foreign trade
sired currency reform legislation, but the House de and on the traffic and revenues of our roads. In an
termined not to attempt it. The neglect to take up article on a subsequent page entitled “ Our Contri
and pass the hill reported by the Currency and butions to the World’s Food Supplies,” we show that
Banking Committee was extremely unfortunate. the value of our breadstuifs exports in the late fiscal
The dominant party, as a result of that neglect, year reached over a third of a thousand million dollars
would inevitably suffer in the fall elections were —8333,750,819 —this comparing with only 8114,604,it not that the minority party represents dis 780 in 1894-5. Nor has the expansion been due
honest money through and through and populism mainly to the higher price realized. In the case of
in the gross. Even as the matter stands, the party wheat, to be sure, this has been an element of no
in power may be harmed, since the omission to mean significance, though even here the average was
pass the bill creates a spirit of resentment or indiffer not up to that realized in 1891-2. In the case
ence, either of which fosters abstention from voting of the other cereals, however, the price, while
among those who feel that currency reform is the issue good, has not been exceptional, and the quantities
of first importance. We should be sorry if that result shipped have been simply enormous—far in ex
were to follow, as the success of the sound money cess of those of any other yea#r. For instance,
project appears promising to us through future' action for corn the average was 35-6 cents per bushel.
of the party in power; while at present the outlook for This is better than the average for the year im
the success of such legislation in every other direction mediately preceding, which was only 30-6 cents, but is
is without hope.
not as good as the price realized for 1895-6 at 37-8
The crop indications, which are such an important cents, when nearly a hundred million bushels of
factor iu the situation at this season of the year, con corn were sent out. Indeed, barring 1896-1, no year
tinue highly encouraging. The Agricultural Bureau for a quarter of a century has recorded so low an ex
at Washington has this week issued its report showing port price on corn as 1897-8. In oats, too, the im
the condition of all the crops on the 1st of July, provement has been comparatively small, the price
and it fully meets expectations in reflecting a for 1898 having been 29-8 cents, against 24-9 for 1897
very satisfactory outlook.
As our readers are and 26-9 for 1896.
aware, there was some deterioration during June in
We refer to this question of price because now
the case of most of the leading crops, so that that values are lower it seems desirable to bear
the general averages are not quite so high as they in mind that it was quantity rather than values
were at the time of the preceding report. But the (excepting only wheat), that m,ade the values of
important fact is that notwithstanding these declines, the breadstuffs exports so exceptional in the late year.
the averages remain exceedingly good, and much For wheat it seems reasonable to look for a lower
better than at the corresponding date a year ago. price, considering that the average was 98-4 cents per
Take winter wheat for example. Condition has been bushel in 1897-8; as the quantity shipped moreover
lowered 5T points, and yet at 85'7 the average com was very large (217,510,533 bushels, counting flour
pares with 81 '2 in 1897, 75'6 in 1896 and 05'8 in reduced to wheat), it is possible that the difference on
1895, and is 4'3 points higher than the average for that account might be considerable. But we point
the past ten years. So, too, in case of spring wheat. out in the article referred to that a most noteworthy
The average is down from 100 9 to 95, but at this latter feature in the breadstuffs exports in recent years has
figure comparison is with 91*2 in 1897 and 93*3 in 1896. been the marvelous expansion, not in wheat, but
Indeed, the Bureau tell3 us the spring-wheat condition in the other cereals—corn, oats, &c. And there,
is 6'2 points above the average for the past ten years, as we have seen, prices have not been above the
and is the highest July average, with two exceptions, normal.
As far as the railroads are concerned the influence
in thirteen years. Based on these figures, the yield
the present season i3 estimated at over 600,000,000 of good crops, together with an active foreign demand
bushels. This would certainly be a very comfort for the same, is well illustrated in our review of rail
able crop. We may add that the estimates of pri way earnings for the first half of the current calendar
vate parties in some cases run as high as 700,000,000 year, which we give on a subsequent page. The com
pilations contained in that article show an actual in
bushels.
The other leading crops afford equal promise at this crease iu gross earnings over the first six months of
date, though of course should conditions be unfavora 1897 in the sum of over 57 million dollars on
ble hereafter this prospect might be modified. The the railways contributing returns, so that on
average for the oats crop is 92 8, which though 5'2 the whole railway system the addition must have
points lower than last month, is 5'3 points higher been between 65 and 70 million dollars. This im
than at the same date last year, 4-9 points higher than provement in the revenues of the roads indicates on
the average for the pa3t ten years, and is, the Bureau what foundation the appreciation in the market value
says, the highest, with one exception, since 1889. of the securities of these properties which has occurred
The condition of corn at 90'5 is not as high as in most during the last twelve months rests. At present the
other years, but it is at least 7'6 points better than at upward tendency in earnings has for the time being
the beginning of July in 1897. The acreage seeded been arrested, as is evident from the returns for the
to corn is reported 3 per cent less. Not less satisfac current weeks of July. But, as we see, the improve
tory are the Bureau’s conclusions regarding rye, cot ment already established in the income of these
ton, potatoes, &c. The average for rye is placed at transportation lines is of really striking proportions,
93‘8, for barley 85-7, for potatoes 95-5 and for cotton and furthermore the less favorable .comparisons now
made in the weekly returns may be ascribed in the
9 1 -2 .
In brief, then, so far as the situation has developed main to the sudden contraction in the grain move
thus far, the agricultural promise i3 highly satis ment. But this falling off in the grain shipments can
factory, And this is a feature necessarily of great hardly be regarded as permanent. The new wheat
94
THE
C H R O N IC L E .
(VOL. LXVIfi.
-crop will soon bo moving, and with the outlook for turing. Almost everybody seems to be waiting for
the other crops also good and the prospects favorable the ending of the war and the return of peace, and' it
for an active foreign demand for all our agricul is behoved that the termination of the conflict would
tural products, it would seem as if the grain traf be immediately followed by a very decided- revival of
fic of the roads must shortly again reach large all business enterprises.
An Indian rupee loan for .£1,200,000, brought out
proportions.
A very encouraging event this week has been the an in London on Tuesday, elicited tenders for about
nouncement by the reorganization managers of the Balt £22,000,000, and a syndicate applying at £88 5s. 6d.
imore & Ohio that the time for the deposits of securi received only I per cent. The Bank of England
ties under the reorganization plan would be limited to minimum rate of discount remains unchanged at 24
August 1. This ensures a speedier carrying through per cent. The cable reports discounts of sixty to
of the arrangement than any one had dared to hope. ninety day bank bills in London 1i(P I) per cent. The
It appears that the plan has met with such gen open market rate at Paris is 1|@ £ per cent and at Ber
eral approval that there is really no reason lin and Fraukfort it is 3£@3f per cent. According to
for further delay. As pointed out by us a few our special cable from London the Bank of England lost
weeks since, the B.* & 0. is almost the last of £756,425 bullion during the week and held £36>3I6^the long list of railways which in recent years have 627 at the close of the week. Our correspondent
been obliged to pass through the process of foreclos further advises us that the loss was due to
ure and reorganization. The hardships resulting from £237,000 net sent to the interkor of Great Britain
these reorganizations have been great, but the move and to the export of £519,000, of which £509,000
ment has been restorative and therefore helpful to in went to Russia, £5,000 to Holland and £5,000 to
dustrial development. As in the other cases, the re South America.
The foreign exchange market lias been very dull
habilitation of the B. & 0. means the raising to a new
plane of credit and value of a large mass of previously though firm this week. Trades in bills between
bankers are impossible because of the revenue tax
depreciated securities.
As was to be expected, the figures of iron produc upon exchange drafts, and there are very few com
tion prepared by the “Iron Age” record a further mercial bills offering, though some of these for future
falling off in the make of the pig metal. The “Age” delivery agairftgrain arc making their appearance in
reports only 185 furnaces in blast Jnly 1, producing the market. The Canadian banks have, since the be
316,311 gross tons per week, against 190 furnaces ginning of tne month, sold about £150,000 of un
June 1, producing 235,398 tons, and 191 furnaces stamped exchange drawn in Canada upon the cor
May 1, producing 234,163 tons. The contraction, respondents of the banks in Great Britain, claiming
it will he observed, is at the rate of close that the Internal Revenue law does not require that
to a million tons a year. The lessened output hills drawn and made payable out of the United
would seem to have no significance further than States shall bear a stamp. Such bills can be sold at
that it reflects caution at a time when by reason $1 per £1,000 less than other bills of exchange and the
of the war in progress enterprise is necessarily to some Canadian bankers say that they have no difficulty in
extent held in check. An encouraging feature is the disposing of them though some of the other exchange
decline in stocks coincident with the redaction in the drawers declare that they would decline to accept,
output, though we would not have the reader infer or to receive, snvh drafts should they be offered
that these stocks are to be regarded as unduly large. them.
The range for nominal rates for exchange remained
“ The Age ” reports the amount July 1, 805,311
unaltered
during the week at 4 85 to 4 85^ for sixtytons, against 823,382 tons June 1 and 841,521 tons
day and from 4 86J to 4 87 for sight. Rates for actual
May 1.
Money on call, representing bankers"' balances, has business opened firm on Monday at unchanged figures
loaned at 1 and at
per cent at the Stock Exchange compared with those at the close on Friday of last
during the week, with the bulk of the business and week and quotations were 4 84£@1 8 if for long; 4 85J
the average about 1^ per cent. Banks and trust com @4 86 for short and 4 86@4 86 i for cable transfers.
panies quote H per cent as the minimum. Time con On the following day, while rates for actual business
tracts are more firmly held by lenders, there being in long were unaltered those for short and for cable
some expectation of lighter offerings resulting from transfers were advanced one quarter of a cent
the bond settlements. Rates are 2@2£ per cent for to 4 8G@4 86£ for the former and 4 86J@4 86£
thirty to ninety days, 3 per cent for four to five and 3|- for the latter, and the market was quite firm
per cent for six to seven months on good Stock E x though inactive. On Wednesday Brown Bros, ad
change collateral, and a fair amount of business is being vanced their posted rates half a cent but this made
done at these quotations. There is a moderately large no alteration in the range, and the market was firm
supply of commercial paper offering and choice names without change in rates for actual business, and it so
meet with ready sale at the higher rates which have continued on the following day, with the transactions
ruled this week. Quotations are 3£ per cent for almost wholly in counter business. On Fridaythe
sixty to ninety day endorsed bills receivable, 4 market was quiet and steady, with rates for actual
per cent for prime and 4I@5.^ per cent for good business reduced one-quarter of a cent for short
four to six months’ single names. Banks report a and for cable transfers. Bankers look for more
good demand for re-discounting from nearly all parts activity as soon as commercial hills become more plen
of the country, East, West and South, but this inquiry tiful as the result of the grain movement. There is
is chiefly to procure money with which to pay for some prospect of a good demand for travelers’ credits,
bonds, and not mach of it is for business purposes. the European passenger traffic showing a decided in
Correspondents of banks siy that, except in specia crease since the beginning of the month. The fol
lines which are affected by contracts for war material lowing shows daily posted rates for exchange by some
business is very dull, and especially that of manufac of the leading drawers.
rH E CHRONICLE.
J uly 16, 1898.J
DAILY POSTED RATES FOR FOREIGN EXCHANGE.
95
ported difference of opinion in a council of war held
some days since by our commanders, had led many
people to suspect the possibility that the Spanish
days.
•Brown B ros-— 5160
It* It* If* troops at Santiago might escape and join the army at
Sight....
■ Baring,
(00 days.
If* tf* If* If* Havana. The still more recent advices regarding an
Magoun & Co.. 1 S igh t-..
Bank British
} 00 days.
outbreak of yellow fever in our camp had led to very
No. America.. ( Sight-..
Bank of
(00 days.
discouraging apprehension of what might happen if
M ontreal........ 1Sight....
Canadian Bank (00 days.
General Toral were to refuse to surrender. Such mis
of Commerce.. <Sight....
Heidelbach, Ick- (00 days.
givings,
at all events, are dispelled, and that is much.
If*
elheimer & Co. 1 Sight....
days.
If
there
have been mistakes in the management of
Lasard Freres... \(00
Sight....
Merchants’ Bk. (00 days.
our
army
at
Santiago, they are covered by the achieve
of Canada...... t 8ight....
ment
of
its
double
purpose, and it is reasonable to
The market closed steady on Friday, with rates for
expect
that
some
useful
and necessary lessons have
actual business 4 84£@4 84f for long, 4 85J@4 86 for
been learned.
short and 4 86@4 86£ for cable transfers; prime com
It is only natural that the surrender of Santiago
mercial 4 84@4 84^ and documentary 4 83^@4 83f.
should
be followed by renewed reports that Spain is
Cotton for payment, 4 83£@4 83f; cotton for accept
about
to
negotiate for peace. Such rumors cir
ance, 4 84@4 84£, and grain for payment, 4 83f @
culated
even
before the terms of capitulation had
4 84.
been settled. During all of the past ten days,
The following statement gives the week’s movement
discussion of the probabilities of battle have
01 money to and from the interior by the New York
been
almost superseded by discussion of the proba
banks.
bilities of peace. It has been asserted in the Euro
Received by Shipped by Net Interior
Week Ending July 15, 1808.
pean press, with more or less particularity, that the
N .T . Banks. N. T . Banks.
Movement.
Spanish Government, now that its entire American
$5,474,000
B o ld ........................................................
444,000
312,000 Sain .
132,000 fleet had been destroyed, and especially since its army
Total gold and legal tenders....... $5,918,000 t3,105,OOOGaln.$2,813,000 abandoned Santiago, was at length convinced of the
With the Sub-Treasury operations the result is as hopelessness of continuing the struggle. Rumors
follows.
were circulated accordingly that the Sagasta Cabinet
had
already made some tentative moves in the direc
Into
Out
of
Net
Change
in
W u k Ending July la, 1898.
Banks.
Banks.
Bank Holdings. tion of a settlement; that popular sentiment in Spain
B anks’ Interior movement, as above $5,918,000 $3,105,000 Galn.$2,813,000
Snb-T reasm y operations................... 20,500,000 30,500,000 Load.10,000,000 had developed positively against continuance of the
Total gold and legal tenders....... $26,418.000 j$33,605,000 Loss $7,187,000 war; that the pressure of friendly European Powers
The following table indicates the amount of bullion for a termination of the war had become urgent, and,
In the principal European banks this week and at the in short, that the way was fairly opened for successful
negotiations.
corresponding date last vear.
In some regards the more explicit news from
Ju ly 14, 1898.
J u ly 15. 1897.
Madrid
has borne out the beliefs voiced in these flying
Bank of
Gold.
Silver.
Total.
Gold, j Silver.
lotal
rumors. The Spanish news which comes to us needs
£
£
1
£
£
1
£
£
E n glan d __ 30,340,027
1 80,310,0’7 30.731,126 ............... 30.731,125 to be sifted as cautiously and skeptically as the Amer
France....
74,881,010 49.458,025 124,343,241 80,487.224 49.009,583 129 490,^07 ican news which goes to Spain ; but it seems to be
Germany .... 20.708.000 13.758.000 40,406,000 29.823.000 14,900.000 43.823.C00
Russia
111,358.000 4.413.000 U5.771.000 92.325.0001 4,022,000 00,947,000 unquestioned that a “ peace party” has developed in
Aust.-Hung’y 34,88>,00o 12.027.000 47,509,000 30.519.000 12,002,000 49,181,00<J
Spain........... 10.050.000 4.777.000 14.833,000 8.930.000 10,740.000 19.076.000 the Madrid Ministry, and that the Spanish news
Italy ............. 14.911.000 1.932.000 10,843,000 15.101.000 2,501,000 17.722.000 papers, which take the cue of their official utterances
Netherlands
3.341.000 0.941.000 10.282.00C 2.032.000 0,949.000 9,581.00'
Nat. Belgium. 2.908.000 1.484.000 4,452.000 2.800.007] 1,40",333 4,201,0C0 from the Cabinet, have to a large extent shifted
Tot.this week 315.465.243 95.390.025 410,845.808 304.515.010 102843918 407,358,932 ground in favor of immediate negotiations.
From
Tot. prev. w’k 315.781,0'9 95.18'.607 410.9*2,396 302.850.783 *102314750 405.171.639
the tone of the similarly inspired French and German
press it may also be inferred that the governments of
S P A I N AN D THE P E A C E RUMORS.
those two States have taken ground strongly in behalf
The fall of Santiago was inevitable, and was so rec of Spanish surrender. Both our own administrative
ognized by all experienced observers after the destruc officers and members of the Spanish cabinet were
tion of Cervera’s fleet. Indeed, it may be said that quoted in words which might he interpreted as mean
the fate of the city was settled after the heights com ing early negotiations.
But the difficulty in drawing conclusions as to im
manding it were captured in the dashing charge of
General Lawton’s regiments on July 2; for it is pretty mediate probabilities lies in the fact that Spain and
well understood that Cervera’s effort to escape from the United States are by no means taking similar
the blockaded harbor was based on the conviction views as to what would be involved in such surrender.
of the Spanish commanders that the city was no No definite proposition has as yet been made to our
longer tenable. It cannot, therefore, be said that the Government in Spain’s behalf, either directly or
formal surrender last Thursday involved in any way through friendly'intermediaries; but the tone of the
a novel and unexpected turn in the campaign. In discussion, as reported from Madrid, appears to indi
itself it certainly had no such significance as Dewey’s cate that at the present time withdi’awal from Cuba is
victory at Manila on May 1 or the second naval tri the only ultimatum which that Government is likely
umph off Santiago July 3. This fact, we presume, to entertain. Nothing is definitely said concerning
accounts for the comparative apathy with which public Porto Rico; very little concerning Manila; but it is
opinion and the financial markets have received the highly significant that the mere suggestion of the
surrender of Cuba has aroused, especially in Span
news.
ish
army circles, a vigorous opposition, and has
In two respects, however, the formal surrender was
already
disrupted the Spanish Cabinet. The answer
a matter of great relief and reassurance. Some hints
from
these
opposing quarters, probably faithfully re
■contained in General Shafter’s dispatches, and a re-1
*
CO00
THK8. W sr,.. T h u r .. F ri .
M o n ..
FBI..
July 8 July 11 July 12. July 13 July 11. July 15.
85
85
“6
86*
80*
80*
65*
P5*
87
87
85
85
95
85
85
86*
80*
80*
80*
80*
85
85
85
85
85
8R
80*
86*
80*
80*
80*
80*
85
85
85
85
85
95
80*
80*
86*
88*
80*
80*
85*
85*
85*
85*
85*
87
87
87
87
87
85
85
85
85
85
85
80*
80*
80*
80*
80*
80*
85*
85*
85*
85*
86*
85*
87
87
87
87
87
87
- 96
THE CHRONICLE.
ported, is that whatever may have happened to the
Spanish navy, the main array in Cuba is not yet de
feated, and that to give up without resistance would
be simple cowardice. When this argument is applied
to Cuba, where our troops already hold a portion of
the island, it may be judged how much more forcibly
it will apply, from the Spanish point of view, to Man
ila, on which wo have hardly yet obtained a foothold, or
to Porto Rico, which is not even effectively blockaded.
The truth probably is that the greater part of the
Spanish people wish for peace, but are looking for it
on such terms as would be hold inadmissible by our
Government. If this is the situation, the outlook for
an immediate termination of the war can scarcely be
so bright as this week’s dispatches have suggested.
The Spanish Government would probably be willing,
tinder pressure, to surrender Cuba; but an offer to
give up anything more than Cuba would almost
certainly arouse insurmountable popular oppo
sition. On the other hand, it is conceivable
that our own administration, if governed solely by
its personal impulses and judgment, might ar
range a peace on something like Spain's terms;
but the administration is not free-handed in the mat
ter. It has to deal, first, with an obstinate Senate,
whose approval is requisite to any treaty, and, second,
with the people at large, who have for upwards of two
months been discussing not only Cuba, hut Manila and
Porto Rico, as the logical prizes of a brilliantly suc
cessful naval war. In each case it is popular opinion
which bars the way to a reasonable settlement, and it
is for that reason we have been unable to attach full
credence to this week's reports of a movement in be
half of peace.
The problem of bringing the two sides to a settle
ment, if historical precedent is to be our guide,
can be solved only in one of two ways—by the
capture and holding of whatever territory this nation
chooses to demand from Spain, or by the modification
of our own terms of peace so far that Spain, in its
financial and physical exhaustion, would consent to
yield to,them. At the present moment, we must con
fess that we see small reason to expect popular appro
val of any concession from the terms of peace which
our people as a whole appear to have in mind. It
must, however, be remembered that as yet little has
happened to weary and disgust the American people
with the idea of war; a people does not often
plead for a settlement, of war while its navy, al
most without the loss of a single life, is dealing
a series of successful and overwhelming blows at its
antagonist and when its first military enterprise has
just succeeded. The other side of popular sentiment
discloses itself only after repulses in the field, heavy
and useless sacrifice of life in battle, tedious
manoeuvres and long strategic deadlocks. Some feel
ing of this sort undoubtedly began to develop after
the bloody battle at Santiago, followed as it was by
delays, uncertainties, and reports of serious sickness in
the army. It is conceivable that a few months more
of similar experience would bring our own people into
a somewhat altered mood as to what we are willing to
concede to Spain for the sake of peace. If, on the
other band, Havana is captured, Manila occupied, and
Porto Rico either surrendered or invested, the Spanish
Government would have no alternative left but to
snbmit.
We suppose that as a purely military problem it is
our Government's proper policy to pursue this war re
[ V o l . L X V II.
lentlessly until Spain sues for peace on our own terms.
Unfortunately the problem is not purely military;
it is the civil, constitutional and diplomatic phases
of the controyers}' which are even now rendering
our position perplexing.
In these regards our
very attitude and purposes have not yet been in
any formal way disclosed. Opinion on the one ques
tion of supreme importance—whether the United
States is ready to embark on a colonial career—
has found expression only in the press and in popu
lar discussion. The Administration lias not publicly
defined its attitude; the Senate's sentiment is known
only through canvass of individual opinions among its
members. No party has as yet framed a platform on
the question. At such a stage of public sentiment It
is not easy to say off-hand how far our exactions from
the Spanish Government ought to be or can be carried.
It is our own judgment, however, that the United
States is already committed to the policy of maintain
ing distant dependencies. Whether wisely done or
not, the annexation of Hawaii has settled the general
principle; for it is peculiarly in radical changes of
policy like this that the first step costs. Unless we
wish to incorporate Hawaii as a State, which we
hardly think would be advocated by the average
American citizen, it must he administered virtually
as a colony. The application of old laws, formerly
applied to territory lying within the boundaries of the
Union, can hardly alter the facts of the situation. It
is at least a reasonable question then, whether Manila
must not he considered as a further step along the
same road.
We have taken upon ourselves the
responsibility of Hawaii; can we avoid the responsi
bility forced on us by circumstances in the Phil
ippines? If it prove to be impossible ei her to
return Manila to Spain or to guarantee the partiallycivilized insurgents an independent government,
or to dispose of the conquered territory to other par
ties, we shall he confronted with one of the situations
in which history forces nations to break, to a greater
or less extent, with the precedents of their own past,
ft is quite possible that such a situation will confront
us in Manila, for the insurgents are our own allies and
cannot decently be abandoned to their Spanish ene
mies; they can scarcely be assumed as capable of rep
resentative government, and the transfer of the
islands to still another government is diplomatically
out of the question.
We think this fact is recognized regarding Manila,
both by our own people and by European observers.
It cannot well be avoided in discussing the general
question of peace, and it will, we think, eventually be
recognized perforce by Spain herself. As to when
such recognition of the facts may be expected, that
is merely a matter of conjecture. It has been argued
that yesterday's suspension of citizens' rights by the
Spanish Government foreshadowed a move to settle
the war in the face of popular opposition. This is
conceivable ; nothing is inconceivable in the present
chaotic condition of the Spanish nation. We have
stated merely the probabilities of the matter as they
appear to us at the moment and in the light of his
tory. It may be that Spain, in its helplessness, will
abandon even its own diplomatic and historical prece
dents. This possibility may be better judged, how
ever, when the first overture for peace is actually
made by Spain. How even a tentative proposition of
the kind would be received by the Spanish people,
what answer would be made by our Government, and
J u l y 16, 1898,J
THE CHRONICLE.
97
what would be the attitude of the American press slippers are made, as far as Tripoli, Tunis, Algiers
and people, are factors yet undetermined, which must and Morocco.
One important consequence of the development of
in the end decide the matter.
these regions will be that an appreciable and growing
market for silver will be opened out. Over a large
THE AN GLO-FRENCH WEST AF R IC A N portion of them there is at present no other currency
CONVENTION—THE MADAGASCAR TARIFF—
except curios and slaves. Slave raiding, which i3
BRITISH SENTIMENTS ABOUT THE WAR
practiced by kings and chiefs upon their own people,
_ THE ENGLISH COTTON INDUSTRY*
is not prompted by savagery, but by the need of a
M a x c h e s t e b , July 2.
valuable currency. Some thousands of curios must
Much satisfaction is expressed by merchants and be counted out to pay sums which to us seem quite
manufacturers interested in the West African trade, trifling, and it is absolutely impossible to pay large
and indeed by business men throughout the whole amounts, such as the annual tribute of a chief to his
country, that a final settlement has at last been i eached suzerain in that kind of money. Each chief, when he
of the long pending questions as to the boundaries of has to discharge his tribute-debt, seizes some of hi3
the French and English spheres of influence in the own people and remits them to headquarters. If he
hinterlands of the Ivory coast, the Gold coast, Da goes on a journey, he provides himself with ways and
homey Lagos and the Niger region. Not the least means in the same fashion, disposing of the captured
acceptable part of the arrangement is that by which, slaves here and there on his route in making purchases
in these particular parts of Africa, Great Britain and of the things he wants. The ruler of Kano in Borneo,
France agree to give equal commercial conditions to however, is able almost to dispense with slave raiding,
the trade of both countries. As far as this country because he receives his taxes in cotton cloth and
is concerned the practice of equal treatment is, of leather, and uses these in paying his tribute to the
course, universal and unchangeable. But France has King of Sokoto. It is obviously a safe conclusion
3hown a disposition in recent years to extend the that one of the most prominent of the wants of these
colonial fiscal policy followed in Indo-Ohina, Algeria, regions, which will have to be satisfied when trade and
Madagascar, and elsewhere, to her West African pos industry are quickened by closer commercial inter
sessions, and it is regarded as just cause for congratu course with the world, is the want of silver, the
lation that the principle of the “ open door ” has been only one of the precious metals adapted to their con
recognized, although the duration of this particular dition and requirements.
arrangement is only thirty years. Still some security
There is some reason to regard the Madagascar
is taken for its continuance, for England has agreed tariff question as not finally closed—a fact which is of
to give France two much desired bonding stations on considerable interest to United States manufacturers
the Middle and Lower Niger with rights of navigation of the cotton sheetings known there and throughout
on the river. These privileges are also to last only East Africa as “ Americani,” and of other cotton
for thirty years, but as they are reckoned in France goods, of which considerable quantities have long
a3 of much value, it is to be concluded that their con been shipped to that quarter of the world. It will
tinuance after the end of the term will ensure a con- be remembered that when the French Government
tinuance*also of the equal commercial conditions just converted the “ protectorate” of Madagascar into a
referred to.
“ possession ” by deposing the Queen, it was an
It may he hoped, however, that before 1928 experi nounced that the former treaties between Madagascar
ence will have convinced the French people that the and other Powers, by which the import duties were
Cuban and Philippine method of governing depend limited to 10 per cent, were cle facto extinguished.
encies is neither profitable to the ruling State, nor The doctrine was understood to be novel in interna
anything but ruinous for the people of the depend tional law, but it has been supposed to have received
encies, nor, in the long run, quite safe. A change of the tacit acceptance, with or without protest, of
this kind is likely to be encouraged if the prosperity other States. At all events, there is good ground for
resulting from the present settlement in the really the belief that the doctrine has never been formally
vast territories to which it refers should be great and accepted by the British Government. Allusions to it
progressive during the next thirty years. There is have been made by Lord Salisbury and other mem
good ground for anticipating a very large develop bers of his Administration, but always in guarded
ment of trade and settled industry there before very terms, as if it were of modern origin and of the
long. From the English port of Lagos a railway has nature of an innovation.
already been pushed a long way towards Aleskuta,
The question is obviously of considerable import
and plan3 have been prepared for its extension in a ance, and it would not be surprising if it were to be
northeasterly direction toward the Niger into the heart come the subject of diplomatic discussion, now that
of Yoruba-land, where there are the great cities of the delicate and rather irritating differences between
Ibudan and Ilorin, one of these at least having a popu the British and French governments about their West
lation of over 100,000. It will probably not be very African boundaries are laid to rest. The application
long before this line is extended to the Niger, and of the French minimum tariff to Madagascar last
perhaps beyond it into the rich and populous regions of August pretty nearly killed off the import into the
Sokoto and Borneo, ending perhaps at Lake Chad. island of British and American cotton manufactures,
In the Yoruba country and in Borneo, if not also in and a recent further increase of the duties on particu
Sokoto, there have long been the rudiments of settled lar descriptions has made the extinction of it abso
industry and even of manufactures. In Borneo lutely certain. Manchester houses engaged in the
cotton cloth is spun and woven by hand and leather is Madagascar trade now buy the cloths they ship to
tanned, the latter at least being sent over the desert the island from French manufacturers at Itouen or in
in the shape of the red leather of which African the Vosges. They may well do so, for these French
goods go into Madagascar duty free, whilst those
' Co m n u n lca ted h y o u r Sp ecial C o rresp o n d en t a t M anchester.
9S
THE CHRONICLE.
[V o l . L X V I1.
from other countries pay specific duties equiva —but rather from the unseasonable weather during
lent to from 55 to 75 per cent.. As if this inducement the later spring and early summer. Light and fancy
were not strong enough* General Gullieni, the Gover articles of dress have not gone off well, and both the
nor-General, issued recently a circular to French and retail and the wholesale distributers hold larger sup
native officers throughout the islaud, publishing it plies of unsold goods than they like to have. An
also in the •■‘Journal Olficiel de Madagascar,” urging early advent of better weather will go far to make
them, as a matter of patriotism, to encourage the good much of the loss.
wearing of French cloths, and giving them fac-similes
of their trademarks, which they were enjoined to
distribute amongst the people of the island in order OUR N O T E W O R T H Y CO NTRIBUTIO NS TO
THE WORLD’S FOOD S U P P L IE S .
that they might distinguish the French goods.
There are enlightened men in Franco who disap
The United States has long been an important con
prove of this policy entirely, on the ground that tributor to the world’s food supplies, but never before
it will keep the population poor, and that the only has it occupied such a pre-eminent jrosition in this
way to prevent the new possession from becoming a respect as during the fiscal year which closed on June
still greater burden upon the home Treasury is to let 30. Neither in quantity nor in value have we ever
them buy what they require from any quarter whence previously sent out as much breadstuffs in any period
of twelve months as during the twelve months in
they can obtain supplies at the lowest cost.
British interest in the progress of the war continues question.
Keen and alert. Every phase of it is followed with
This may seem a very familiar fact, since refer
the closest attention, the latest war news in the morn ence to the unusual demands on us has been com
ing and evening papers being eagerly read. Sympathy mon enough all through the year. The news
with the United States has become wider and deeper papers have made much of the matter. The ad
as the real issues of the conflict have become clearer, vance in prices served to rivet popular attention on it,
and practically the whole nation is of one mind about and the avidity with which foreign consumers kept
it- It is accepted as certain that the colonies East buying here, in face of the high prices ruling, fur
and West are lost to Spain, and there is much con nished the best evidence of the urgent need that ex
fidence, even amongst those who have large com isted abroad. Notwithstanding all this we venture to.
mercial and investment interests in them, that the say there are very few persons who have a proper ap
United States will make a wise disposition of these preciation of the magnitude of the supplies we sent
territories when the war is over. On this subject one out during the late fiscal year. So much is said and
hears hardly any definite opinions or forecasts. It is printed regarding wheat that one is very apt to lose
perhaps not out of place to express the hope that the sight of the fact that entirely independent of the
American people will not permit themselves to be wheat movement the breadstuffs exports have under
greatly perturbed by the somewhat acrimonious lan gone noteworthy expansion and are each year reaching
guage indulged in by an influential section of the Ger. larger proportions.
man press with reference to American criticisms of
We do not mean to assert that the wheat shipments
the large naval force now present at Manila. The are not of prime, importance. Now and for many
calmness of President McKinley, reported by telegraph years to come they must necessarily form the' bulk of
from Washington, is regarded by thoughtful peo the breadstuffs exports—that is as far as values are
ple here as admirable and as justified by his conscious concerned; as concerns the quantities shipped, the
ness of strength, and probably by his accurate infor outflow of the other cereals already exceeds that of
wheat and flour. And that is the feature to which we
mation as to the purposes of the German Emperor.
The condition of the English cotton industry during wish to direct particular attention. In the immediate
the first half of this year has, on the whole, been bet past it has been only within the last two years that
ter than it was in the corresponding portion of 1897. such a statement could be made. Nor does the
The improvement has, however, been much more dis distinction arise out of any retrocession in the out
tinct in the spinning than in the weaving branch. ward movement of wheat. The wheat and flour ex
Spinners have made money, and confidence in the ports in the late year, as it happens, did not excel all
continuance ofj better times is shown by the fact that past records. Nevertheless the shipments reached
four large, new spinning mills, built within the last 217£ million bushels, an amount so imposing that to
nine months, are just about to commence work in state it is to impress every one with its magnitude.
South Lancashire. The erection of four others has
We say this export of 217£ million bushels of wheat
begun. Most, if not all of these, will use American and flour does not come up to the best previous record.
cotton. The weaving or manufacturing portion of As a matter of fact, however, there is only one year
the industry has not fared so well, and no extensions that can dispute pre-eminence with 1897-8 in that
in this department are heard of. One can hardly respect.
We refer to the year 1891-2, when we
wonder that this is the case, considering the generally shipped 225§- million bushels of wheat and flour
discouraging state of the India markets for a loug Thus the late year’s total falls 8 million bushels below
time past, and the bad state of business in Brazil and this other large total, but with that exception it has
Central America, which are usually large-consumers never previously been approached. ' As against the
of the higher qualities of English prints and other 217£ million bushels for 1898, the exports for 1897
cotton goods of the better grades. The English home were only 145 million bushels and for 1896 but 126£
dry-goods houses are complaining of slack demand million bushels.
and somewhat too heavy stocks. Their disappoint
The outflow of wheat having thus been of such
ment does not appear to arise so much from the in phenomenal proportions, the fact that the shipments
ability of the people to buy—although some injury of the other cereals combined should run ahead of
must have been inflicted by the extensive and pro even such a total gives added signi ficance to the fea
longed stoppage in the engineering industry last year ture. Indeed, the outward movement of corn alone
JULY 16 lMyy.j
THE CHRONICLE.
99
has come pretty close to equaling that of wheat and of corn, the shipments of 69,080,344 bushels of oats,
flour. We sent out during the twelve months of the shipments of 15,541,575 bushels of rye and the
1897-8 over 209 million bushels of corn. The growth shipments of 11,233,695 bushels of barley, we get a
of the demand for this cereal on the part of foreign grand aggregate of cereal exports of about 5224 million
consumers is really one of the most enc mraging inci bushels—522,400,606 bushels. If this illustrates in a
dents in our breadsuffs export trade. The significance striking way how greatly foreign consumers were de
of the 209 million total for corn will be better pendent on U 3 for their supplies, it also indicates
understood when we say that up to and including under what a tribute we have been able to place the
1896 it had happened but once that the corn shipments outside world in our foreign trade by reason of these
aggregated as much as one hundred million bushels. phenomenal exports. We have shown how great
In 1897 there was a great jump, so that we sent out has been the expansion in the shipments of the
almost 177 million bushels, and in the late year, as we separate cereals during the last few years. The com
have seen, there was another step forward to 209 mil bined total serves to bring out the same fact in a still
lion bushels. The progress made during the last three more signal manner, for we find that against the ex
years is best indicated by noting the advance first ports of 522,100,606 bushels for 1897-8, the exports for
from 27,691,137 bushels to 99,992,835 bushels in 1896, 1896-7 were only 384,692,645 bushels, and for 1895-6
then to 176,916,365 in 1897, and now to 209,034 459 but 248,118,190 bushels. In lace of such figures it
bushels for 1898. The price received for corn seems almost superfluous to say that the value of our
per bushel is of course much lower than that breadstuffs exports as a whole in the late year ex
realized for wheat. The average for 1897-8 was 35-6 ceeded that of any preceding year, notwithstanding
cents per bushel, which was just five cents a bushel that the wheat outflow did not equal that for 1891-2.
better than the average export price of corn for the The total value of the breadstuffs exports aggregates
year preceding; but otherwise the lowest for a very no less than 333f million dollars, which compares
long term of years. Applying the prices to the quantity with $L97,857,219 for 1897, $141,356,993 for 1896 and
shipped, we find that our corn exports in the late but $114,604,780 fo- 1895. The best previous total
year were worth not far from 75 million dollars, in was for 1892, aud that did not quite reach 300 million
exact figures $74,292,769. The increasing part in dollars. AYe annex a summary of the yearly figures
value which the corn movement has played will ap for each year back to 1874.
VALUES OP EXPORTS.
pear when we say that in 1894-5 the amount was but
$14,650,767, that from this there was an increase to Fiscal Year
Total
Tot Wneat
Wheat
Total all
Wheat.
Com.
ended,
Wheat Sc
Com
Flour.
$37,836,862 in 1896, then to $54,087,152 in 1897 and June
30.
Flour.
Sc Flour. Br'dstuffs.
now to $74,292,769 in 1898. Evidently this is a prof
$
$
*
$
$
$
1874............. 101.421.459 29,258,094 130,679,553 24,769.951 155,449,504 161,198,864
itable field to cultivate.
1876............. 59.007,833 23,712,440 83,320,303 24,456,937 107,777,240 111,458,265
But it is not alone the corn movement that has been 1876............. 68.382,899 24,433,470 92,816,369 33,265,280 126,081,649 131,181,555
47,135,562 21,663,947 68,799,509 41,621,245 110,420,754 117,806,476
•expanding. To most persons it will be a surprise, 1877.............
1878............. 96,872,016 25,095,721 121,967,737 48,030,358 169,998,095 181,777,841
we are sure, to hear that we sent out over 69 million 1879............. 130,701,079 23,567,713 160,268,792 40,655,120 200,923,912 210,355,528
1880............. 190,548,305 35,333,197 225,879,502 53,298,247 279,177,749 288,036.835
bushels of oats. This used to be considered a liberal 1881.............
187,898 *^85 45,047,257 212,745,742 50,702,669 263,448,411 270,332,519
export total for corn in the dav3 when oats cut hardly 1882............. 112,9,. ,/i8 36,375,055 149,304,773 28,845,830 178.150,603 182,670,528
1883............. 119,879,341 54,924,459 174,703,800 27,756.082 202,459,882 208.040,850
any figure at all in the export trade. The rise of that 1884............. 75,026,678 51,139,696 126,163,374 27,648,044 153,814,418 102,544,715
72.933,097 52,146,336 125,079,433 28.003,833 153,083,290] 100,370,821
cereal to prominence has been very sudden. In 1895-6 1885.............
1886............. 50,262,715 38,442,955 88,705,670 31,730,922 120,436,592 125,816,558
Only a little over 13 million bushels (13,012,590 1887............. 90,716,481 51,950,082 142,666,583 19,347,361 162,013,9241165,768,662
1888............. 66,241,468 54,777,710 111,019,178 13,355,950 124,375,128 127,191,687
bushels) comprised the full extent of our disposals of 1889............ 41,652,701 45,296,485 86,949,186 32,982.277 119,931,463! 123,870,661
1890.............
57,036,168 102,312,074 42,658,015 144,970,089:154,925,927
oats to foreign consumers. From this there was an 1891............ 45,275,906
51,420,272 54,705,616 103,125,888 17,652.687 123,778,575 128.121,656
increase to 35 million bushels (35,096,736 bushels) in 1892 ............ 161.399.13? 75.362.28 • 236,761.415 41.590,430 278,351.875 299.363.117
93,514,971' 75,494,347 169,029,317 24.587,511 j193.616.828,200,312,654
1897, and then the jump to 69,080,344 bushels in 1898. 1893.............
1891............ 69,407,041 69,271,770 123,078,8U 30,211,154'158,889,965 166,777.229
1896.......
51,651.928 95,45?,591 14,650,76? 110,108,3 8 114,604,780
43.805,66:1
The value of these oats exports was over 20J million 1896.............. 39.709.868 52.02
5.21'< 91,735.0*5 37,836.862 129,57 ( 4 ’ 1141.350,993
dollars ($20,611,567) in 1897-8, against only 8f million 1897............. 59,920.178 55.9 4,34 116,831,525 51,087,152 169,921,6 7 19:,857,219
313.750.819
89.270.P®5 215-16*?. 30 *74,202.76''
dollars ($8,756,207) in 1897, and less than 3£ million 18P«*...... 145.8*1.44-*>
* F igu res for 1898 su b ject to s lig h t co rrection s.
dollars ($3,497,611) in 1896.
QUANTITIES EXPORTED.
So, too, the outside world has been taking increased
Av'ge
Av'ge
Av'ge
Tot. Wheat Corn.
amounts of rye from us. In 1896 that cereal con Year ended Wheat. per Flour. per and
per
Flour
June 30.
bush.
bbl.
bush.
tributed less than a million bushels (in exact figures
Bush.
Bush.
Bbls.
»
$
i
only 988,466 bushels) to the exports; the very next 1874................. Bush. 1*428
4,094,094 7-146 89,463,35 • 34.434,006 •719
71,039.928
year the total went above 84 million bushels (8,560,- 1875................. 53,047,177 1-124 3,973,12“ 6-001 70,926,253 28,858,420 *847
55.073.122 1-242 3,935,512 6-203 72,782.92* 49,493,572 •072
271 bnshels), and now for 1897-8 we find ourselves 1876.................
1877................. 40,325,611 1*169 3,343,665 6-479 55,372,104 7 *,860,983 •587
90,167,959 85,401,098 •562
fortunate enough to have disposed of more than 154 1*78................ 72.404,961 1-338 3,947,333 6-358
1879..............
122.353,936 1-088 5,629,714 5252 147,687,649 86,296,252 •471
million bushels (15,541,575 bushels).
We got an 1880................. 153.252,795 1-243 6,011,419 5-878 180,304,180 98,169,877 *543
150,565,177 1T13 7,945,786 5-669 186,321.514 91,908,175 •553
enhanced price, too, for our sales, the average per 1881.................
1882................. 95,271,802 1-185 5,915,686 6*149 121,892,389 43,184.915 •608
106.385.828
1-127 9,205,664 5-956 147.811.316 40,586.825 •684
1883.................
bushel in 1897-8 having been 56-8 cents, against 42'8
1*84..............
70.349.012 1-066 9,152.260 5-588 111,534,182 45,247,490 •611
cents in 1896 7 and 45 cents in 1895-6. The value of 1885 ......... 84.6 '3.714 0-862 10,648,145 4-897 132.570,366 51,834,416 •540
1836................ 57.750.209 0-870 8,179,241 4-700 94.565,793 63,655,433 •498
the exports was $8,825,769, against $3,667,505 the 1887.................
101,971.919 0-890 11,513,449 4-510 153,*04,989 40,307,252 •480
year previous and only $445,075 in 1895 96. Barley is 1888 .............. 65.769.261 0-853 11,963,574 4*579 119,825,344 24.278,417 •550
1889................. 46.414,129 0-897 9,374,808 4-832 88,600.74 1 09.592,929 •474
the one cereal recording a falling off, the shipments 1890................ 54.387,767
0-632 12,231,711 4-683 109,430,46* 101,973.717 •418
13 11,344,304 4-S22 106,181.316 30,768,213 •574
having been 11,233,695 bushels, against 19,030,301 1891................. 55,13 .948 0-9
1892................ 157, HO. 51 1-026 15,198.769 4*959 225.665.-1' 75.451.819 •551
and 7,680,331 bushels respectively in the two years 1893 ................ 117,121,109 0-799 15,620.339 4-542 191,912,631 40,017.274 •534
Ib91................. 88,415,230 0-672 16.859,533 4-10 104,233,119 05,324,841 •402
preceding, and the values $5,530,399, against $7,646,- 1895
.............
76,102,704 0-576 15,268.892 3-383 U4.714.146 2T,691,137 •529
1896 ................ fl0.P5O.0S0 0-655 14.620.864 3-55- 126.443.93* 99.992,«35 •378
384 and $3,100,311.
L897................ 79,562,02'' 0*753 11,569,515 3 8 f9 116.038.972 170,9 6.365 •300
If now we add the 217,510,533 bushels of wheat and f9b *............... 148 431.261 0-914 15.350.915 4•;n?» 2'7.510 53S >OQ,034 459 •350
flour exported to the shipments of 209,034,459 bushels *F ig u r es fo r 1898 su b jeot to s lig h t corrections.
THE CHRONICLE.
100
[VOL. LXVII.
Mileage.
R A IL R O A D GROSS E A R N IN G S FOR J U N E
AN D THE H ALF -YE AR.
The course of railroad gross earnings for the halfyear which ended on June 30 was satisfactory in an
eminent degree. There was marked improvement in
the results from beginning to end of the period. For
J mie, the closing month, there was somewhat of a
halt in the upward tendency under a modification of
the conditions which had controlled the character of
the returns in the earlier months, so that the outlook
became for the moment a little uncertain. But that
was practically the only exception to the rule, and
taking the six months together, the gains were not
only large in amount but large in ratio. In this we
refer alike to the showing of the separate roads and
to the comparisons made by the grand aggregates.
For the railroad system of the United States as a whole
we should judge that the betterment of earniugs, as
compared with the first six months of 1897, must
have reached over sixty-five million dollars. Of
course final and complete data so soon after the close
of the half-year (only fifteen days having elapsed since
then) are out of the question. But our statements
are nevertheless very comprehensive, covering much
the greater part of the railroad mileage of the United
States, and they leave no room to doubt that the esti
mate of an improvement of sixty-five million dollars
in the gross receipts of all the roads is entirely
safe and conservative. Wo have obtained returns for
the full six months from 133 roads operating 104,926
miles in 1898, and for these roads gross earnings the
present year have been 833,958.577 in excess of those
for the corresponding six months of last year. In
addition we have had returns for the five months to
May 31 from 69 other roads operating 53,440 miles and
reporting $23,481,928 more gain. Altogether, there
fore, the recorded gain alone for these two classes of
roads reaches $57,440,505 (this covering 202 roads
operating 158,366 miles), with another month’s increase
to add on for one of these clas-ses of roads. Annexed
we show the figures in tabular form.
Miles of Road
E n d of Period.
Gro83 Earnings.
1808.
1897.
Increase.
1S9S. 1 1807.
1 3 3 roads six months..
6 9 roads 5 m on ths....
*
280,137,938
205,700,055
?.
$
255,179,359 33,958,577
182.218,127 23,481,928
104,9261 103,939
53,440
53,487
Grand tot, (‘2 0 2 r’ds).
•194.837,991
437.397,480 57,440,505
158.3661 157,876
In order to understand the significance of this re
corded improvement of $57,440,505 in the gross re
ceipts of the roads, and to see what a striking contrast
it presents with the character of the exhibits in other
years, only very brief reference to the comparisons for
these other years is necessary. In 1897, for instance,
our statement compiled in the same way—that is, part
covering only five months’ earnings—showed a loss of
$1,266,174. In 1896 and 1895 there were gains, but
the amounts of these gains were relatively small,
reaching respectively $20,061,481 and $12,232,536, and
moreover they followed a loss of no less than 74|
million dollars in 1894, which latter was one of the
worst years the railroads have ever experienced. In
brief, after a long period of depression and slow re
covery the revenues of the lines have at length taken
a decided start forward.
In tabular form the com
parisons back to 1894 are as follows.
Year
Oilmen.
Jan. 1 to J une 80
1694 ( 2 0 0 roads)....
1896. ISO toads)......
1896 :208 roads)........
1897 .207 roads)........
I S a s (202 rondo)........
Earnings.
Year
Precedina.
1
t
149.773
146,942
147,146
1-46,787
153.226
158,370
167,376
m s7e
159,135
359,866
Increase
Year 1 Rear
Given, j Preceding. :
*
1
»
376,698,923,451,105,570
301,018,137 870,385.003
40* 9 3 2 ,6 l8 !3 8 8 , 961.167
428,200.782 j429.556.956
■101,937.001 37.397,188
or
Decrease.
i
t
Dec 74.506,653
Inc. 12,232.530
In c . 20.081,481
Dec. 1,260,174
In e.6?,440,S O S
if the improvement the present year is large in the
aggregate, many of the separate roads we need hardly
say have been no less distinguished in the same way.
The Pacific roads and the grain-carrying lines are par
ticularly conspicuous, though as a matter of fact imporant gains come from all parts of the country. There
are some twenty roads or systems where the increase
runs close to or considerably in excess of a million
dollars, and in at least one instance the addition ex
ceeds four million dollars. The latter reference is to
the Southern Pacific Company, which for the five
months to May 31 reports its gross enlarged $4,361,162.
This transcends the amount of the improvement of
the Pennsylvania Railroad, which for the same five
months on the Eastern and Western lines combined
has $3,877,900 increase. But the trunk lines as a rule
did not fare as well as the roads further West, first
because of the demoralization in rates in the territory
of the Joint Traffic Assoqj^ition, and, secondly, because
the grain tonnage is necessarily a much smaller factor
with them than with the other roads. The Baltimore
& Ohio, however, was able to turn its improved
facilities to advantage and added $1,341,043 to its re
ceipts for the five months, which is considerably more
than the gain on the Central, estimated at only $830,747
for the half-year.
The distinctively grain-carrying roads, both in the
Northwest and the Southwest, all record noteworthy
expansion. Thus for the five months the Burlington
& Quincy has $2,739,088 gain, the Chicago & North
Western $2,576,489 and the Atchison $2,424,859 gain;
while for the full six months the Milwaukee & St.
Paul has $2,010,897 increase, the Missouri Pacific
$L,827,630, the Q-reat Northern $1,814,025, the Rock
Island $1,623,312, etc., etc. The Pacific roads make a
similar showing, the improvement here following from
a two-fold cause—that is, the revival of business on
the Pacific Coast as well as the larger grain traffic.
The exceptional improvement on the Southern Pacific
has already been referred to. The Northern Pacific
gained $2,634,741, the Canadian Pacific $1,869,215, the
Oregon Navigation $1,265,543, not to mention smaller
amounts. In the Middle Western States the Illinois
Central has swelled its total by $2,456,544, due in
part, however, to a larger mileage operated the pres
ent year. The Wabash has bettered its last year’s
total by nearly a million dollars. In the South the
Louisville & Nashville has an addition of §1,111,734 and the Southern Railway (without the Memphis
Division), an addition of $905,638. But these illus
trations might he multiplied indefinitely. The truth
is, the improYement has been general, and there is
hardly a section or a class of roads that has not man
aged to participate in it. In the following we show
all the increases down to $100,000, both for the six
months and the five months. There are no decreases
for that amount, and in fact only 25 decreases of any
kind out of the whole 202 roads contributing returns.
rnl.S'C ir.U . CHANCES IN C R O S S E A R N IN G S F O R 6 M O N T H S ,
In cre a ses.
In c re a se s.
N o rth e rn P a c if ic .......... $ 2 ,6 3 4 ,7 4 1 G r e a t N o rth 'll S y s te m 1 ,8 1 4 ,0 2 5
Illin o is C e n t r a l - .......... 2 ,4 5 6 ,5 4 4 Ohio. R o ck Ini. & P a o , 1 ,9 2 3 ,3 1 2
O hio. M il. & 8t. P a u l . .
2 ,0 1 0 ,8 9 7 OrcKOU R R . & N a v ----- 1 .2 6 5 ,5 4 3
C a n a d ia n P a c ific .......... 1 ,8 0 9 ,2 1 5 L o u is v ille & N a sh v . . .
1 ,1 1 1 ,7 3 4
9 9 2 ,7 2 0 >
M isso u ri P a c ific . . . . . .
1 ,8 2 7 ,6 3 0 W a b a s h ...........................
J U L Y 16, 1898.]
THE CHRONICLE.
In c re a s e s.
In crea ses.
$ 2 12,30 o
G ra n d T ru n k ..™ ............
$ 9 5 0 ,6 3 8 M e x ic a n R a i lw a y ........
S o u th e r n R a ilw a y ........
9 0 5 ,6 9 8 A la. N . O. & T e x . P a c .
210,735
M em p h is D iv is io n ...
1 0 1 ,2 1 0 P it ts b u r g & W e ste rn ..
2 0 1,730
N e w Y o rk C e n t r a l ___
8 3 0 ,7 4 7 W h e e lin g & L . E r i e . ..
2 0 1,150
D e n v e r & R io G ra n d e .
6 8 5 ,0 9 4 M o b ile & O h io ................
198,062
K a n . C. P it ts . & G u lf..
6 7 1 ,6 9 9 E lg in J o lie t & E a s t . . .
190,932
L . S h o re & M ich . S o ...
5 9 7 ,9 3 1 K a n . C. M em . & B irm .
ISO ,565
T e x a s <fe P a c ific ............
4 7 0 ,7 0 6 K a n . C. F t. S. & M em .
156,422
C in. N . O r. & T ex . P a c .
4 6 9 ,2 4 5 D n l. So. S h o re & M l . .
157,275
B a lt. & O h io S o u th w ..
4 3 1 ,4 3 5 M e x ic a n C e n t r a l..........
148,478
C lev. C in. Ch. S t. L ..
4 2 7 ,7 0 3 Io w a C e n t r a l — ........
138,223
M ich. C en t. & C an . S o .
4 1 8 ,0 0 0 F t. W o rth & D e n . C ity
136,699
135,781
S t. L o u is & B an F r a n .
4 1 4 ,5 6 3 C h. I n d ’p o lls & L o u isv .
W is c o n s in C e n t r a l___
3 9 5 ,3 9 4 L o n g I s l a n d . . ................
133,642
117,333
R io G ra n d e W e s te r n ..
3 8 1 ,4 8 0 C lev . L o r. W h e e l___
116,285
S t. L o u is S o u th w e s t...
3 5 2 ,2 5 5 P e o r ia & E a s t e r n ........
115,457
N o rfo lk «fc W e s te r n ....
3 3 9 ,2 2 6 G ra n d R a p . & I n d ........
110,029
C h e s a p e a k e & O h io ...
3 2 9 ,7 9 7 Col. H o c k . Val. & T o l.
1 0 9 ,347
F la . C ent. & P e n i n . . . .
3 1 4 ,6 0 3 F l i n t & P e r* M a r q ___
108,847
In te r o c e a n io (M e x .)...
2 8 5 ,4 8 0 C h ic ag o & W e s t M ich .
D
e
t.
&
L
im
a
N
o
r
t
h
Baft'. R o ch . & P i t t s . . .
2 4 9 .2 5 9
___
107 259
P i t t s . B ees. «fe L. E r ie .
2 3 7 ,4 9 6 D e t. G d . R a p . & W e s t.
104,646
M in n . S t. P . & S. S. M.
2 3 0 ,0 4 0
U n . P a c . D en. & G u lf.
2 2 7 ,0 3 4
T o t a l (r e p r e s e n tin g
C hic. G r e a t W e s te rn ..
2 2 3 ,9 2 4
68 r o a d s ) ................ $ 2 9 ,8 3 8 ,215
P R IN C IP A L CHANGES IN G R O S S EA RN IN G S F O R 5 M O N T H S
In c re a se s.
In c re a se s.
S o u th e r n P a c if ic .......... $ 4 ,3 6 1 ,1 6 2 O re g o n 3 h o r t L in e ___
$ 3 3 2 ,6 2 4
P e n n s y lv a n i a t .............. 3 ,8 7 7 ,9 0 0 I C hic. S t. P. M. & O m ..
299,128
C hic. B u rl. <fc Q u in c y . 2 ,7 3 9 ,0 8 8 I C h o c ta w O k la <fc G u lf. * 2 2 4 ,745
C hio. & N o r t h w e s t e r n 2 .5 7 6 ,4 8 9 I P h ila. W ilm . & B a l t...
2 2 0 ,800
A tc h . T op. & S. F e . . . .
2 ,4 2 4 ,8 5 9 I C e n tr a l o f N ew J e r s e y
193,234
1 ,3 4 1 ,0 4 3 F it c h b u r g . ..................
B a lt. & O h io ...................
146,027
P h il. & R a n d C o al <fe I. 1 ,3 0 5 ,7 1 0 I A lle g h e n y V a lle y ........
115,010
P a c ific C o a s t* ................
8 7 3 ,3 6 5
U n io n P a o iflc ..................
8 0 9 ,2 3 3 I T o ta l (r e p r e s e n tin g
E r i e .....................................
7 7 7 ,3 8 7
2 9 r o a d s ) ..................$ 2 3 ,0 2 1 ,0 1 7
L e h . V .R R .a n d L .V .C ’l.
4 0 3 ,2 1 3
101
interposed fewer obstructions than usual. The
winter was mild, and snow and cold interfered
comparatively little with the operations of the roads •
no general blockades extending over wide areas were’
reported, barring the blizzard experienced in the New
England States at the end of January and the beginning
of 1 ebruary. There had been comparative freedom
from such disturbances in 1897, too, but not quite to
the same extent. As to floods and overflows, the dif
ference was decidedly in favor of the present year.
In March there were some • customary freshets and
washouts, but as compared with the situation which
prevailed in the spring of 1897 these occurrences
hardly deserve mention. For in that year the floods
in the Ohio and Mississippi valleys were of excep
tional magnitude; the overflow of the Mississippi, for
instance, was the worst on record, it lasting through
many weeks and being accompanied by great destruc
tion of property and the loss of many lives.
The activity of general trade of course also played
a prominent part in enlarging the traffic and revenues
of the roads. The outbreak of war, with the develop
* F o r f o u r m o n th s o n ly .
t C o v ers lin e s d ir e c tly o p e r a te d b o th e a s t a n d w e s t o f P it ts b u r g an d
E rie. T h e g ro s s o n th e E a s te r n lin e s in c re a s e d $ 1 ,7 1 0 ,8 0 0 a n d the ments leading up to it, served to prevent the great
g r o ss o n th e W e s te rn lin e s in c r e a s e d $ 2 ,1 6 7 ,1 0 0 .
expansion in trade which might otherwise have oc
In some respects the ratio of gain indicates more curred. At the same time the war did not prove such
than the amount of gain. Hence it is interesting to a serious impediment to trade as had been at one time
note that the $.57,440,505 improvement recorded by oar feared; the naval victory at Manila came very early in
figures reflects an inorease of 13'13 per cent. The the conflict, and made it evident that the struggle
ratios of gain have been heavy all through the half- would be a very one-sided affair, with all the elements
year, excepting, as alreadv stated, June, for which favoring this country. Of course, with war in prog
month the increase is only 0*38 per cent. For the ress, no matter how foregone the issue, full industrial
other five months the percentages have varied from activity was out of the question. But whatever the
13-79 to 16-5G, as will appear by the following. The check on business, trade was much more active than
reasons for the less favorable result in June are dis in the first six months of 1897, when we had not
cussed further below.
yet recovered from the depression which attended
the silver campaign and when Congress was en
Mileage.
Earnings.
P.C. gaged in framing a new tariff law.
Period.
The war, by
1898.
1897.
1898.
1897.
reason
of
Government
contracts,
proved
a stimulus in
Miles.
Miles.
*
*
S
January (130 roads) 10G071
99,032
42,527,184 36,483.516 6,O43,0',8 10-53 certain lines, but this was of limited advantage treat
Febr’ary (131 roads) 99.760
98.730
36,190,674 4,093,219 13- 9
March (138 roads) .. 101,507
The movement of
109,343
47,203,772 40.959,408 6,214,364 15*25 ing the industries as a whole.
April (130 roads).... 100,870
90,726
44,553,063 38,585,197 5,007.809 15*47
troops
to
points
of
concentration
and debarkation
May (134 roads)....... 101,504
10 ',392
46,547,011 40,802,810 5.714,201 14*08
Jane >131 roads) ... 101.865
100.857
44,303,511 41,645,808 2657,703 6*?8 was likewise a new source of traffic, but this, too,
The causes for the great improvement in earnings was of special and limited rather than of general im
which occurred during the half-year lie on the sur portance ; a few roads did, though, benefit in a
face. Among these causes first place must of course decided way, notably Southern roads and more par
be assigned to last season’s excellent grain crops and ticularly Florida roads, like the Florida Central &
the coincident shortage abroad. The effect was, as Peninsular. In discussing the effects of the war on
our readers know, to establish a high range of values general trade, the fact should not be overlooked that
for our cereals and enable the agricultural classes to the prosperity of the farming classes and the great
dispose of their grain at profitable prices. As a con revival in trade on the Pacific Coast (the latter in
sequence the farmers have been blessed with great part induced by the favorable agricultural situation,
prosperity. The railroads profited in a double way but in part also by the Klondike gold discoveries)
from the large crops. They got in the first place necessarily proved a stimulus to trade everywhere.
The one adverse influence of large moment was the
a large traffic in grain and other agricultural products,
and in the second place the prosperity of the farmers rate disturbances. Probably never before in a time of
necessarily led to increased purchases of supplies and peace among the roads have rates been so completely
goods by this part of the population, giving the roads demoralized as they were during the half-year just
a large return movement in merchandise and gen closed. The trouble was particularly serious in the
territory of the Joint Traffic Association, rates both
eral freight.
We shall presently set out the grain figures and show east bound and west bound being affected. This will
how important must have been the addition to the traf explain why the results on the roads in this territory
fic of the roads in that way alone. But there were have been so much less satisfactory than on the roads
other favoring influences. The live-stock movement further west.
Coming now to an examination of the grain move
in the West was a little heavier in the aggregate,
though there was considerable irregularity as between ment, we find a very heavy increase nearly everywhere.
the amounts brought in by the different roads, some A few of the Western markets show diminished re
showing losses, some gains. In the South there was a ceipts of particular kinds of grain—Duluth of wheat,
large increase in the shipments of cotton—more than Peoria of corn and oats—but in the grand aggregates
a million bales. Then also the weather conditions embracing all the Western markets, the expansion has
THE CHRONICLE.
102
been very noteworthy. Thus for the 26 weeks end
ing July i, the receipts of wheat in 1898 were 09J
million bushels, against 471 million bushels in the
corresponding period of 1897, and the receipts of
corn 117+ million bushels, against 78+ million
bushels. Combining wheat and corn with oats, barley
and rye, the total is 283,152,074 bushels, against
220,754,253. In other words, roughly, 62+ million
bushels more of grain were brought in the present
year—representing, say, 1+ million tons of freight.
We may add that the movement at the seaboard has
shown even more striking expansion, the receipts in
1898 having been 236,790,455 bushels, against 165,828,937 bushels in 1897, 96,285.139 bushels in 1896
and 55,061,285 bushels in 1895. We annex our usual
table giving the details of the grain movement in the
Wes:— both for June and the half-year. For June, it
will be observed, there was a falling off.
R L C felPT S O F F L O U R ANl> U R A lN
FO R
F IV E
The deliveries of all kinds of stock aggregated (ac
cording to the Western papers) 136,027 car-loads im
1898 against 133,256 cars in 1897.
With reference to the cotton movement, reoeipts at
the Southern ports in the six months of 1S9S were
3,693,907 bales, against 1,609,728 bales in 1897 and
1,537,663 bales in 1896. The shipments overland in
the same years were respectively 862,816 bales,
476,774 bales and 482,305 bales.
iis o s ip rs
W h e a t,
{On h .)
Cih i c n w —
5 wfcs. J u n e . 1SP>6 irk s J a n e , IS v'
S in c e J n n . l . i8i»
S in c e J a n . l , 189
re —
6 NkAjOIM *. IS ? 5 w k*. J u n e , 18P?
S in c e . l a u . l , 1896
S in c e J a n . l , 1897
s i. L ' v is 5 w k s. J u n e ,
5 w k s, J u n e , 1S9
S'»»c# ,iH u .i, JSV>8
S in c e J a n . l , 1897
J Oltt*1 —
5 w ks. J u n e . 1898
5 w k s J u n e , 180
s m c s .iH u .1 .1 8 P S
S in c e J a n . l . 189:
D e tr o it—
5 w k s. J u n e . 1898
5 w k s . J u n e , 189S in c e J a n . l , 1898
S in c e J a n . l , 1897
242,970
1 1 2 1 ,7 0 0
1 8 8 .17<
219,962 , 4 0 1 . D ll.7 3 3 .5 2 i
L,986,102
1,232.658
Oats,
8,351,553
14,145,876 11,673,52^
63 ,»2rt,i*P2 50,053,483
I
179,550
2 0 0 .100
USt^AM )
1,139.300
7$.0Ff
110,435
651,990
021,93c
3.418
3,807
2 1.856
23,466
13,220
24,350
111,506
85,200
891,040
1,207, IOC
6,017.4M
4.6 9.51k 1
8,0471
427
3,007
123
P o r t R o y a l, A c . . . . . . . . . .
589
12,621
65?
W ilm ington...............
W ashington, & o ......
Norfolk................ .
N ew port News, Ac..
j 3,310
in
.t u n e ,
and
from
4,070
76
9,962
1.918
822
2,539
510
419
2,499
77
1,202
114
24.~47
T o ta l
189S.
1897.
1896.
4,683] 524.2*6 297,089 j 241,839
43,087
43,002
52,711
207
26.452 1,134,505 632,762! 677,116
89,759
3 ) 7 1 131.021
04,005
1,170
69,49.1
14,373
40,93?
325,235
0.
293 220.035 226,203
49,770
1,132 127,4-09
31,492
2,137 100,955
69,476
81.561
26,140
26.763
39,587
20.346
7 2 6 1 5 2 ,4 0 '
36,231
3,813
8,100'
1,
3*6
14,00
109
142,439
15J,414
7,089
v85
125
162,274
3 1 .582
49,15* 2,093 90? 1,609.72- 1.537,663
147.81?
90 0 '“
1,3 li>, 980
089,08-
5
7 0 .7 i8
2,141,671
309.920
158.800
1,719,010
910,400
446 230
3,996,70
4,037,090
7,103,150
72«.000
7M .500
7,489,300
7,013.950
242,00
2 3.0u0
1.850.001,777,500
42,630!
7,091,842 24,477,473 12, R01.372
0D7.7U
8,6 9.348 2 0 .7 h 2 .l3 2 I9,rt2*i,*<85 2,184,729
.........
09,354,915 1 17.419,38* -0,121,044 12,305,933
17.617,248 78i3oi.& ir 7 8 .6 9 t',7 4 5 )l3 ,029.428
9,830
313.470
308 870
8,Q
M>.2(6
2 ,4 14,94 7
BECEIPT8 AT CUIOAOO DUHINO JUNE AND SINCE JANUARY 1.
Since J a n u a r y 1.
June.
1897.
1890.
1808.
1897.
E arning*.
Mileage.
As usual, the bulk of the increase in the grain
deliveries occurred at Chicago. Taking here the
figures for the even half-year, we find a total of
133,419,383 bushels for 1898, against 91,757,852
bushels for 1897, as per the following table.
1698.
poets
189d.
5,912
251
33.8U
600
aalvftaton ..............Dales
Texas City, Sea........ ...
New O rlean s,............. .
Mobile............. , ................
Florida.......... «...............
Savannah........ .
.....
Brunswick, <kc..............
Tharleston.. . . ..........
(b a s h .)
338.350 j
sou th ern
Since J a n u a ry 1.
Rut
B irltu,
(bush.)
at
1818.
ICWOINO J U L Y 2
(b u s h .)
cotton
We have left ourselves little room to review the
0,136.750
40,799.81 6,104,815
month of June by itself. But the less favorable re
949,000
54.0
1,390.250
517,950
231,800
We have
0O.8--5 sults for that month are easily explained.
171 3 lO 1, a71.000
7<H.sOO
733," O'1
788,92
4,152,850 5,337,000 4,000,71(1
3.893.707
67 9 ,7 .5
seen that for the half-year the heavy grain movement
3,103,98 r
481.738 4,394,600 3,942,745
4,2s 0
was a prominent factor in tile large gains in earn
S>3,lo5
321,10? .2,532,855
4,500
11.25
l,6 t i,5 4 0 1.232,80
21" ,077
20,25<‘
3H0.079 ings.
2,6O0.0K« 16.631.386 5,476,635
570.9 H
For June this grain movement fell m iterially
249.136
677,212
1,920,007 13,4 04,527 5,926,170
behind
that of a year ago. The collapse of the Leiter
23.691
713,104
684,239
113.155
IS.IO-' wheat deal was in part responsible for the contraction.
1,334,164
169. 72
66.6i173483
6,018,224 1,4 77,86
5,702.3}!
58.9 .'0
337,527
7.2U0.36U
1,333,509
On the one hand the drop in prices removed the in
200,74+
102,547
*>3 11,940
8
8
.1
0
1
ducement for sending grain to market, while on the
14.0 l
4.675
119,518
195,7 52
75,408
1,173,480
2 21,31753,824
1,285,005
487,186
other hand the high prices previously prevailing had
741,179
1 8 ,tl 8
300,633
479,972
553.170
so reduced stocks, at least in the case of wheat, that
085.156
1,104,737
114.30?
2 r 8,293
329,332
6.870
332,7m?
there was little left to be sent forward. Another fact
1,442,952
5.030.632 2,903.?5«
757,600
605,35" 1,202,061
*10,971
to bo taken into consideration is that J une earnings,
1,550,000
21,700
83.350
074 850
9 90 as
far as the aggregates are concerned, have been
41.200
02300
1,963,050 1 .0 \7 0 0
11,400
21 *,200
9,017,3: 0 4,035,300
01J.5OC
7H0.35O
825,000 11,061,520 0,071,150
40^700 65,10k fairly good for several years. The evidence of this is.
270,70+
2.002,73"
150.183
56.37
found in the following table.
35,091
23.068 1.75v ,421'JO'i.OHs
2.9' 9.642
100.P55
11.051,204, 2 2O0."S3 3,001.4^3
9 #2,924
2 8,°6r
764,5,-4
13,661.501
4,410,800
w ks. J u n e , 1898
6 w k s. J u n e , 1897
O.V03
S in c e J a n . l . 1898
58.908
2 a ,0 J5
S in c e J a n . l , 1897
f t,or*a—
29.800
5 w k s J u n e , 1898
34.000
6 wkB. J u n e , 189'
S in c e J u u . l , 1898
196,860
S in c e J a n . l , 1897 : 170,65'
O tU lif —
336,245
5 w k s. J u n e , 1895
594,8? 5
5 w k s. J a n e . 1897
S in c e . l a u . l . 189fi l , i .4.226
8 1 n c e J a n . l , 1897 1,294,010
M in i r a vn li* —
1.078,480
7.098
5 w k s. J u n e . 189S
3.854,030
3.007
6 w k s. J u n e , 1897
01.674 25,308,580
S in c e J a n . l , 1898
53,327 22.40S.450
S tn c e J a n . l , 189?
K a n s a s O ittr—
*91.000
5 w k s. J u n e , 1896
156.300
6 w k s. J u n e , 189*
6,0 6.000
S in c e J a n . l . 189)
1,465,800
S in c e J a n J , J80?
T o ta l o f a lt6 w k s. J u n e . 1898
6 w k s. J u n e , 189"
S in c e J a n . l , iFlffc
S in c e J a n . l . 189
Com ,
(b u s h .)
o r
JANUARY 1 TO JUNE 3 0 , IN 1 8 9 8 , 1 8 9 7 , AND 1 8 9 6 .
AND SIN C E JA N U A R Y 1.
F lo u r.
( bbls.)
fVOL. LX V I 1
1800.
178,076
274,414 11,717,922 1,998,208 3,320,872
WbeRt.bush
938.958
Oorn. ..busn. 14.0 1.836 13,480,150 7,217,779 04,514,492 36,705,407 30,230,5 0
O a ts .. bush. 7.699.453 10,972,720 10,090.421 49.764.488 47,028,844 47,637.7'0
89,250
130.410
03,735 1,307,4 80
000.018
R ye., .bush.
647,191
707,890 1,027,511 0,125,001 0.835,375 7,219,030
3*4,301
Bariey.bush.
T otal K rain 23.7? i . 900 25,428,100 18,681,890 133*419,383 91,767,852 95,614,507
200,164 2,454,027 1,225,797 1,134,908
209,225
243,288
f lo u r .. bbls.
1.221
1
29
1,310
1,049
8,710
Pork.,.,bbl»
Out m’tiUbs. 19.4 97.40B 14.712,741 i6 ,0 2 5 ,ae o 124,431,439 78.630,232 81,258,335
6,816,28V
7,738,974
7,305,*:
85
L ard.......lbs.
42.913,725 28,843,503 38,033.6(19
Jjiv « hnv/'Nf'
758.* 24
774.087
704,995 4,823.800 4,097,082 3.839,46
J une.
1894 (123 roads)........
1895 (120 roads)........
1890 (122 roads)........
1897 (120 roadB).......1898(131 roads)........
Year
Given.
Fear
Preceding)
Year
Given.
Fear
Preceding
Milet.
95,401
98,720
93,083
94,957
101,865
Miles♦
94,392
93,640
92,598
94,298
100,857
t
33.099,861
37,195,279
37,702,780
38.46-i.736
4 4,303,511
*
42,150 791
34,351.760
35,357,84"
37.653.C8u
41,045,808
Incrcoss
or
Decrease.
%
Dt-C.
In c .
In c .
In c .
In c .
9,056,927
2.843.513
2,404,933
816.050
2.667.70S
Below we furnish a list of the principal changes on
the individual roads. The great body of roads have
done well, notwithstanding the smaller grain move
ment. Tlie loss of $269,313 reported by the Central:
deserves a word of explanation. It is an estimate
made m June, after the month had only just about
opened. It therefore probably errs in being ultra con
servative. Hence it would not be surprising to find
the actual loss very much smaller.
PRINCIPAL CHANCES IN G R O S S EARNINGS IN J U N E .
I n c ro a sc K ,
Illin o is C e n tr a l.............
Mo. P a c i f i c ............ . . .
C hic. R o ck Isl. «fc P a o .
G re a t N o r th e r n ............
lAmibv. & N a s tiv
...
Pou.1 H ern R a ilw a y ,___
N o r th e r n P a c i f i c ........
W a b a s h ............................
C am u iiu n P a c ific .........
O re g o n R R . & N a v lg .
G in. N ew O. A:. T e x . P .
F la. (Mat,. & P e iiin . . .
K a n . C. P itl* . & G u ll'.
n**ucer& R io G ra n d e .
C h e s a p e a k e & O h io ...
W isc o n sin C o n tra ! . . .
P itts . B ess. <fe L, E r ie .
Buff. K och. <v P itt* . . .
S t. L o u is & S a n F r a n .
I n e ro a x e s.
$ 2 7 1 ,9 4 9
230.89:1
2 1 1 ,7 1 9
21 ",9 7 9
I8 7 , » 9 i
1 5 6 , 193
n o , 52 1
1 3 2 ,9 8 2
123.423
1 21,188
1 1 1 .9 5 3
10(5,201
9 5 ,0 2 *
8 8 ,2 0 0
7 8 ,1 0 3
7 8 ,0 4 9
70,410
0 1 ,9 2 1
4 8 .5 8 2
Clev. Gin. Oh. <&St. L.
Rio Granfte Western..
M e x ic a n N a t i o n a l ____
uni. So. Snore & Atl..
47,733
43,0003 9 ,8 6 9
35,208
T o ta l ( r e p r e s e n tin g
2 5 ro a d s ) ..........
$ 2 ,7 7 0 ,2 8 4
d ecreases.
$ 2 6 9 ,3 1 3
N ew Y o rk C e n t r a l ___
4 2 ,6 2 8
L ik e E r ie «te W e s te r n .
4 0 ,9 5 6 N a sh , Oh a i t Sc S t. L ..
3 9 ,0 9 6
H url. G ed. R n> <&N'*r.
3 6 ,7 1 7
X . Y. O u t te W e s te rn .
3 2 .9 8 3
M inn. & S t. L o u is.
3 1 ,7 8 3
G r a n d T r u n k ................
The foregoing table covers also provisions and live
T o ta l ( r e p r e s e n tin g
hogs, in which it will be discerned there was likewise
$ 4 9 3 ,4 7 6
9 r o a d s ) .. .................
an increase. The deliveries of hogs were 4,323,800 in
There is very little to say with reference to the ex1898, 4,097,082 in 1897 and 3,839,406 head in 1896.
hibits
for the different groups, therefore we annex
This, however, relates to only one kind of live stock.
THE CHRONICLE.
J U L Y 16, 189b. t
our us ual six-year comparisons without further comment.
EA RN IN G S O F P A C IF IC RO AD S
June.
1898.
1897.
$
$
%
C a a a d ’n P a c ific .
N o r th ’n P a c ific ,
tilo G r. vV est’n ..
2,124,000
1.070,821
296,900
2,000,577
1,527,300
253,900
1,667,221
1,032,375
207,544
1,512,802
1,274,358
200,078
1,458,053
1,050,614
171,130
T o t a l . . . ............
4,097,721
8,7*41,777
3.50 LUO
2,987,298
2 ,0 8 6 /2 7
B A 8N IN G 8 O F N O R TH W E S T E R N L IN E S .
J u ne.
1898.
1897.
1896.
*
%
351,857
340.417
301.321
BurLOed.R.4 No.
383,801
339.272
389.161
Ohio. Gt. West . .
C a to. Mil.A St. P. ) 2,716,322 2.718,559 2,60 4,939
M'lwau.ANo.. $
Chio. R. I. k Pac. 1,415,019 1233.300 1,230,402
221,413
139.897
175 105
Duluth S.9.& Atl.
Great Northern.. 1,691,253 1,480.274 1.601,821
13’,3 45
131.716
149.883
1 *wh Central.......
159.587
191,504
161,523
M'.aa.A St. L o u is .
125,254
147,793
119,752
St. Paul k Duluth
° o t a l .............. 7.179,3 -9 6,778,734 6,806,419
1895.
1894.
1893
4
1
4
297.138
273,684
319,853
254.926
359.616
316.8^8
2.233.865 2,333,912 \ 2.747,! 79
< 150,01-2
1,133,321 1,223,097 1,717,103
175,554
180.85-1
233,069
1,315,520
932,837 1,441,465
105,142
122.8U
158,300
125,702
153 501
106,547
127,969
121,903
150,593
103
1896
1895.
1894.
$
1
1893.
«
1,890,873
1,877,046
2 1 9 ,8 0
3.987.858
GKOH8 BARN TNG8 A N D M IL E A G E TN JU N E.
Gro$t d a r n in g t.
W am eof Road
1898
1897.
$
131,008
#
125,622
Increase v.
Decrease.
$
+ 5,381
1898.
1897„
Alabama Gt-.8outlTn.
31C
310
Ala. N.O.Tex.ifc Pao.—
N. Orl. & No. E a s t ..
104,45?
89,345
+ 15, IIC
19£
195
5,934 >21 5,653,453 7.473,177
Ala. <fe V ick sb ........
39,1 or
45,085
145
+ 5 ,9 8 ‘
142
42,71?
Vicksb. 8hr.<fePao.
EARNINGS OF SOUTHWESTERN GROUP.
35,755
+ 3.96S
la s
189
vnn A rbor................ ..
1 0 5 ,24£
96.87C
29'1
+8.37.*
292
A tlanta K noxv.& N o.
23,077
2 2 .3 7 s
+ 69£
231
231
1894.
1895.
1896
1893.
1897.
1898.
June.
42.03C
Atlantic & D anviU e.
41,791
+ 23E
278
278
5 2 3 ,01C
dalt.& Ohio Sou thw .
519.25^
+ 3,751
92]
921
f
f
t
$
*
*
llr
m
’ham
&
A
tla
n
tic
1,58£
1.622
—37
22
22
656.147
579,573
501,8691 747,189
597,100
685,300
9 e n .it R io G r .
duff. Rooh. & P ittsb ..
320,34**
258,427
+ 61,92
339
340
223,341
202,132
+217,377
289,438 3url. Ced. R . & N o ...
+ 197,300
+201,95?
ln t.A G t~ No..
3 0 1 ,3 2 :
340,417
—39,091 1,136 1,138
332,773
335.531
368,284
371,01a311,427
a 313.49*
Canadian P acltio........ 2,124,001 2,000.577
S .C . F .S.fc M ..
+ 123,42! 6,569 6,476
757,100
859,080
611,*5?
811.077 C arolina M idland . . .
645,716
2,415
—12:
003,722
2,536
55
Mo. K. k T e x
55
leuiral of G eorgia .
316,157
+ 14,401 1,524 1,524
331,757
1,967,000 1,727.107 1,781.458 1,694,3 1 1,502.-2 > 1,928.159
M o .P .& Ir.M t.
C
battan.
S
ou
th
ern
*..
4,267
—77?
5,045
105
105
89,9'6
53,810
40,651
73 9^9
05.05OJ
77,186
S t. J o s .& G .I..
J n esaoease «fc O h io ..
9 3 9 ,6 3 s
+ 78,105 1,360 1,360
861,527
445.898
624.549
450.851
450,062
509.194
S t. L. k S. Fr.
311.700
Riio. & E a st Illin o is
298,180
648
+ 13,581
648
280,067;
365.899
321,014
3H.3P5
329.900
302,567
St.L. S o u th w .
Ohio. G reat W estern.
389,16!
389,27?
— 11
93(
930
410,979
387,606
411,021
458,007 Chic. Ind. & L o u is v ..
417,855
276,275
437.333
Teras A P a c
2 6 4 ,0 6
+ 1 2.21C
537
537
200,218
+ 2 7 ,7 6c 6,15? 6,153
264,812
248,8 <2
321,651 Chic. MU. <fc 8 t. P au l. 2,746,322 2,718,559
270,595
277,495( J .P a c .D .A G .
Ohio. P eo. & 8t. L ___
51,79;
66,745
—14,952
232
232
Jhio. R. Isl. <fe P a o ... 1 ,4 4 5 ,0 1 1,233,301
Total............ 5.459.02" 5,OOO.fl’8 5.242.577 6.205,' 81 4.577,2 ?!
+ 2 1 1 ,71£ 3,56^ 8,571
Ohio.
T
erm
.
Cr.
R
R
..
95,86$
+
13,106
78
82,76;
76
+ Galveston Houston k Henderson not inclu del for these years.
131,937
125,068
+ 6 ,8 6 f
581
581
a Figures here for 18-*tJ and ls97 are slmoly tne totals o f the earnings for the Ohio. <feWest M ioh ...
Jin.
G
e
o
r
g
.&
P
o
r
ts
.,
4
,3
0
42
5,534
—734
42
four weeks o f the mom b as reported in the weeklv returns; the month’s earn
’in. N.O. <fc T ex. Pao.
336
4 11,287
299,334
33(
ings usually exceed the weekly estimates quite considerably.
+ 111,95i
Rev. C anton & S o ...
61,814
55,688
+ 6,12b
210
210
EA R N IN G S O F SO U T H E R N U K O D P .
1,105,355 1,11 7 ,6 2 2
’lev. C in.C h.& St. L.
-+47,73< 1,838 1,838
145.212
355
352
Peoria «fe E a stern ..
+ 15,827
129.385
IS90
1895
1894
1897.
189 L
1893
J un*.
Rev. L orain <&W heel,
1 18.665
— 10,949
192
192
129.613
350
'olorado
M
idland
.
..
1
2
4
,0
>1
145,874
—21.82S
35C
»
t
t
t
s
*
2 1 5 ,-4 5
346
Ool. H ook. V al. & T ol
346
213,056
+ 2,788
112,420
115,995
10 »,00"
125,6 2
139.829 Ool. San’k v. <fe H ook..
131,008
Alabama Gt. So
273
80,518
+ 14.54C
273
66,008
801,527 820,145
773.512
09-.32L
840.521
939,005
22
Ohes A Ohio..
Jolusa <fe L a k e ...........
22
1.10C
—40C
1.500
685,300
1,6
68
27*4,732
290.69»
Jen
v.
&
Rio
G
r
a
a
d
e
..
1,66b
299.^34
251.000
597,100
+
8
8
,2
0
i
313,^11
411.287
Cln.N.O. A Tex.P.
150
4 3 .237
+ 7,504
35.733
15'
77.859
97,173
80 48;
78,102
80.042 0 M oines No.<fe W est
•97,250
Georgia................
451
Get. Gr.Rap.«fe W e*t..
100.870
+ J.69S
451
96,177
a76.047
77,489
75,53 >
74.605
aP4.V53
79.785 Oet.
Kan. C. Mem. <fcBir
30,927
102
<fe L im a N o r th ..
25.605
+ 5,322
102
Loulsx. k Nashv. 1,8*«,045 1,000.0 il 1,648.333 1.547.310 1,514.809 1.713-41 Jul. 8o. Shore <fe A tl..
588
175,105
+ 3 5 ,? 0 8
588
139.897
258,330
255.0 0
245,070
301,500
259,748 ilg m J o lie t <fe E a st..
•3C8.500
197
197
Mobile k Ohio
11 ',307
101,654
+ 8,653
15 ,
21,882
835,1!?
342.570
156
403,212
850.2 lf> 882,25! 4 vansv. <fe Indian ap.
23,127
—1,245
422.280
Nash.Chat.A 8t.L.
it)
96,632
+ 14.676
ie 7
81,956
910,100
945,111
+807,631
614,798
785.362
819,395 iv a n s v . <fe T. H a u te.
Norfolk * tVejr.h
655
233.911
655
-+*1 7,591
2 16,3'?0
Soath’n Railway 1,589.128 1,432,935 1.351.04-' 1.334. 07 1,240,179 1.3M.387 R lnt <fe Pore M arq ...
940
940
297,266
c’U . Cent. <fc P en in .
191. 65 + 1 0 6 ,2 0 1
91,893
80,995
95,182
90,260 Ft. Worth & D C ity..
94 338
106.149
Memphis D lv’n.
469
8 6 ,692
469
83 .0 0 ,
+ 3 ,6 8 8
146
146
23.894
17,745
+ 11,149
T o tal............... 0 722.392 0.232,077 6.051,825 5.615.597 6,597,»02 O.loS.S?.1* *’t. Worth «fe Rio G r..
11
— 2458 1
837
11
Ltdsden «fe A tl. U n ..
a Figures here for IS93 and 1897 are simply the total* o f the earning* for the G e o r g ia ...................... *
807
6 7 ,448
307
67,371
+ 77
four -reeks o f the month as reported to the weekly returns; the m onth’s Georgia <fe A labam a.
4 50
458
81,809
74,252
+ 7 ,5 5 7
earning* usually exceed the weekly estim ates quite considerably.
285
6 9 .6 1 '
+ 21,040
285
7
• i ncluding Scioto Valley fcN ar England and Shenandoah Valley for all the Ga. 8outh. <fe Florid a
432
432
1 6 5 ,5 2 i
152,917
+ 12,604
Gr. Rapids «fe In d ia n a .
years.
02
92
3 6 ,949
+ 4 ,2 3 1
32,718
Cln. R ich. & Ft. W ..
+ ‘•''gnres ar» aporoxlmafe. same a* fnr 18J+ actual earning* were larger.
26
20
3,472
+
116
♦Figures for fourth week o f June. 1898, not reported; taken same as last y e a r
3,356
T raverse C ity ..........
87
-t-248
37
9,459
Musk. G r.R .A Ind..
9 ,7 0 7
EA RN IN G S O F T R U N K L IN E S .
Ir. Trunk of C a n ... )
—31,783 4,036 4,0 3 6
Chic. «fe Gr. T r’k . > L,880,402 1,912,135
1890
1395.
1897.
1894.
1898.
1893.
June.
D at.G r.H av.& M , )
+ 2 7 7 ,1 1 0 8,780 3,7 8 0
.4 2 3 ,6 5 7 1,146.547
ft. No.—8. P . M. <fe M
t
f
f
6
6
t
72
72
1 10,134
149,509
—39,37a
E astern o f M in n ..
8 k O. 8.W | 523,010
25t
256
—26,756
181.218
157,462
M ontana C e u tr a l..
619,259
618.511
489,016
465,692 5 212,804
05
+
4
,9
9
3
05
<
842,040
15,110
10,127
Oh. ft Miss.
Julf B eau m ’ttfe K. C.
62
62
—117
2.356
2,473
Julf <fe C hicago ____
1,117,022 1.I70.9S2 1.181,743 1,021,00" 1.208,103
O.OC.ftSt.L 14*6,86*
25
25
—290
4,764
5,054
148,120 Hoosao T un. & Wilm
198,250
110.984
Peo.feEast145,212
129.386
151,160
+ 271,849 3,808 8 ,1 3 0
.065.303
1,79
1.454
Illinois
C
en
tralt..........
G. I’.o f Can.
1,484,395 1493,130 1.418.803 1,732,310 [n tern at’l «fe G t. N o .
775
775
—4,650
197,300
201,950
1,881,402, 1,912,185
247,083
235,7 59
320.174 Cnteroceanic (M ex.).*
218,042
Ch.AG.T...
531
531
+ 15,83b
164,^ OJ
1 4 8 ,S70
5
09
509
+
15,lt>7
95.456
74,88*'
81.409
79,954
149,883
134,716
O.G.HftM.
Iowa C en tral...............
20
20
+ 1,561
4,044
2,483
N. V.C.ft FL^ 3,625.400i 3,894,713 3,735, 12 : 8,430,373 3,337.999 4,197,306 Iron..................................
172
172
+
9
,3
9
6
3
9
,i6
0
4 8 .756
949,477
1,091,169
979,566
960,110
829,*;8 1,211,091 < an aw h a <fe M ic h . . .
Wabash. .. .
97 5
973
+ 2,066
313,493
311,427
£an.C. Ft. 8. <fe Mem
276
76,047
270
+ 18,90b
9 4 ,953
Total........
8,420,538 8,521,0 ill 8,392,365 7.908,088 7.495,055 9.407,47# Can. C. Mem. <fe B ir ..
174
174
+ 2 ,0 3 0
2L.485
24,115
Can. C ity <fcN. W___
Includes Home W atertown A Ogdensburg for all th e years.
194
194
+
1,070
14,021
15.091
Kan. ifcv <fc O m ah a..
673
+ 9 5 ,6 2 9
815
155,74b
EA RN IN G S O F M ID D L E AND M ID D L E W E ST E R N RO AD S.
2 1,375
Can.C.Pittsb. <feGulf.
35
35
+
10,67
8
37,77e
2 7 ,100
Can. C ity 8ub B e lt
148
—7.255
148
39,068
46,323
Ceokuk
<
fe
W
e
ste
r
n
...
June.
1898.
1890.
1895.
1894.
1897.
1893.
725
723
—
42,628
2 93.179
250,551
Lake E rie & W estern.
90
90
+ 3,36
30,061
Lehigh & H ud. R iver.
3 *,441
S
$
«
*
«
»
875
—4.576
375
4 26,752
4 22,176
Ann Arbor.............
105,245
90.870
104,792
79,00*
93,149
86.077 ixm g Islan d R R .........
50
50
9
8
0
8,459!
7,479
Los
A
n
geles
T
e
r
m
!
.
Buff.ttoch k Pitt
119,851
820.348: 258,127
303,850 »»ulsv.Evans.<& 8t.L.
285 959
201,934
372
372
+ 13,462
105,568
119,030
Chicago Sc Bast 111.
811,700
298.180
179,491
166
361,931 Louis v. H end. <fe8t. L ..
277,286
283,533
166
38,802
+ 8 lf
39,021
2,975
Chic lad ft Louisv.
2,985
+
187,994
247,17'
5170,275 204,065
2*3,181
331,64# Louisv. & N a sh v ille .. 1,848,645 1,660,651
282,580
97
97
-8 4 6
3,672
2,323
Chic.fc West Mich. al81,B3' al25.O08
125/0100,480 Macon & B irm ing’m ..
127,981
130.SC8
44
44
—6,04
15,800
9,753
la n istia u e .................
Ool. H. V. k T ol...
199,755
215,«45
190,989
322,340
213,050
180,100
+ 3 9 i 1,956 1,956
1,077,101
1,077,491
M
exican
C
en
tral........
85,779
Dot. G.Rap.fe West. a 100,870 U90.177
99,30?
91,939
92,230
+ 3 9 ,8 6 9 1,219 1,219
429,101
463,970
Cexioan N a tio n a l..
60,416
Elgin Jol. k East..
67,394 M exican R ailw ay*.
321
110.307
101,054
1I5,184|
81,491
321
+ 7,900
217,500
2 2 5 ,4 0 0
227
2 i7
00,172
—2,450
•OransT.A Terre H.
107,221 M exican Sou thern"..
37,680
90,642
81.950
*3.738
91,756
3 5 ,230
3 70
370
—32,983
194,506
161,523
Flint Jfc P. Marq__
186,16*
243.009 Minn. & S t. L o u is___
233,911
210,320
210,203
19 ‘.267
1,189
+
1,674
1,189
304.211
305,905
199,599
Gr. Rap.Jt Ind........
>52,140 Minn. 8t.P.«fe3.8te.M .
215,649
213,355
198,448
209.770
+ 20 ,0 0 7 2,19-' 2 ,1 9 7
665,722
645,715
Illinois Central+... 2,005,303 1,793,454 1,690,115 1,000,450 3,417,836 2,069,718 Mo. K ans. & T ex. ays.
+ 209,758 4,938 4,938
Mo. Pao. & Iron M t.. 1,866 .0 0 0 1 ,656,24
Lake Krie k West.
258.508
307,785
250.551
293.179
209/20
38H
388
29.\978
+ 30.135
70,865
101.0 JO
Central B ran ch ___
149
42?,170
149
420.005
437,400 Mobile & B irin’gliam .
+ 429
-long Island...........
395,655
430,030
22.75'/
426,752
2 3 ,186
687
687
+ 6.934
301,56'
3 0 8 ,5 0 J
130,978 Mobile <fe O hio______
Loa.Kvan«.A St.L.
119,<'30
99,993
103.568
123,524
107,*11
3 90
+ 14.423
390
99,739
114.16
N. V. Ont. A West.
379,503
374,193 Mont. & M ex. G u lf ..
312.965
349,672
303,378 301,04-2
yu5
905
—40,9 >6
461,242
4 2 2 ,2 8 6
280,606 N ash. Chat. <fe 8t. L ..
Plttsb’g A Wegt’n.
822,48d
187,490
300,574
331,291
330.0*5
2,395
—269,313
2,39-1
3
,8
9
4
.7
to
3
,6
2
5
.4
0
0
145,931 n . A.Cen.ife Hud. Riv.
Tol. A Ohio C en t..
149,450
107,683
145,1-8
147.8C 1 142,385
—36,717
481
481
349.67
3 i 2,9 i5
N. Y. O at. <fe W e s t ....
80.008 Norfolk*fe W estern ..
00,720
—22,169 1,570 1,570
Tol. Peo. A W est..
81,520
78.331
71,314
73.312
807,531
7 8 5 ,3 6 2
+-149,521 4,346 4,367
1»N60! Northern P acific____ 1,676,321 1 ,527,30
Tol 9t. h . & K. C.
139.839
110.531
167,617
18f,588
181,118
224
2 44
—2,645
75,86b
73.221
818.494 Ohio R iver....................
*Ve«t. N. V. 4 Pa .
130.9 5
228,44 0
228,2:2
230,511 278.317
222
211
— 142
1 1.531
11.091
111.559 Ohio R iver <fe C h a r ...
64/89
Wheel. A L. Erie..
111,240
119.811
97,555
141,9 3
1,065
1,055
+
121,180
416,431
5
37,622
Oregon RR. <fe N a r ...
331
—1,642
331
65, i04
6 4 .262
Total . .. . ...... 0,377,930 6,957,157 5,994,404 5 699.201 4,890.270' 0,7 82,< 73 Peo. D ec. & E v a n s v .,
183
+ 70,410
228
52,069
1 22.509
Pittsb. B ess. & L E
♦ Include* the ooeratlon* o f the St. Louis Alton A Terre Haute for « ] Pittsb. Liab. <fe W est.
25
25
-4 2 4
3.02
3,203
the f e u * hut the Chesapeake Ohio St Southwestern, Chicago St Texan ana
227
227
+
3
,8
6
9
187,95
4
191.823
Pittsb. <fe W estern __
Ohio Valley for 1898 i.nlv.
. AV
7
7
77
+ 45,772
78,802
9 1 ,574
P ittsb . C lev «fe Tol.
a Figure* uere for 189* and 1897 are slraplr the totals o f the earning* for tre
61
—3,527
6L
3 VU8
36.091
Tonr week* of the month as reported in the weekly return*; the month «
Pittsb. Pa <fe F a ir..
earning* usually exces 1 the weekly estim ates quite considerably.
THE CHRONICLE.
104
M ile
G ross J B a m in g t.
M am t o f Road.
1897.
189S.
R io G r a n d e S o u th 'n .
R io G ra n d e W e s te rn .
S t. J o a . & G r. I s l a n d . .
i t . L. Chio. A S t. P ...
8 t, L . K e n n e tt <k S o .,
S t. Louta & S. F r a n . .
Bt. L out* S o ilth w e s ' u
B an F r a n . & N o .P a n ..
S o u th e rn R a ilw a y ...
M em i'h ta D iv is io n ..
T e x a s C e n t r a l..............
T e x a s A P a o ltlo ...........
T ol. A O h io C e n t r a l . .
T ol. P e o r ia A v v e st'o .
T o l. S t. L. A K . C ity
U n .F a e .D e n . A G u lf.
W a b a s h ...........................
W est. N . Y.
Penn.
W heel. 4 L a k e E r i e ..
W isc o n s in C e n t r a l..
S
3 7 ,0 3 5
2 9 6 .0 0 0
7 7 ,1 8 6
2 3 .4 6 2
5 .2 4 6
5 0 0 ,1 0 4
3 2 9 ,9 0 0
65,9 4 4
1 ,5 8 9 .1 2 8
9 4 ,3 3 8
18,595
4 3 7 ,3 3 3
1 4 9 ,450
8 1 .5 2 6
1 8 7 .5 1 7
2 7 7 ,4 9 9
1 ,0 8 1 .1 5 9
2 2 8 ,4 0 0
1 1 9 .8 1 1
4 1 6 ,9 7 0
In o rn a te or
D ecrease. 1898.
$
3 4 ,4 6 3
2 5 3 ,9 0 0
6 5 ,6 5 0
£ 3 .8 8 6
4 ,8 5 5
4 6 0 ,6 6 2
3 0 2 ,5 6 7
7 1 ,0 9 3
1 ,4 3 2 ,9 3 5
1 0 6 ,4 4 9
1 7 ,7 3 2
4 1 7 ,8 5 5
1 4 5 ,1 7 8
7 1 ,3 4 1
1 8 9 ,5 8 8
2 7 0 ,5 9 5
9 1 8 ,4 7 7
2 2 8 ,2 7 2
9 7 ,5 5 5
3 6 8 ,9 2 1
*
+ 2 ,5 7 2
+ 4 3 ,0 0 0
+ 11,5 3 6
-4 2 4
+391
+ 48,5 3 2
+ 2 7 ,3 3 3
—5,1 4 9
+ 1 5 6 ,1 9 3
- 1 2 ,1 1 1
+863
+ 1 9 ,4 7 8
+ 4 ,2 7 2
+ 1 0 ,1 8 2
—2,0 7 1
+ 0 ,9 0 4
+ 1 3 2 ,6 8 2
+ 123
+ 2 2 .2 5 6
+ 7 8 ,0 4 9
1897.
180
550
£51
in
20
1,209
1,2 2 3
105
4 ,8 2 7
331
176
1 ,4 9 9
371
248
451
974
1,9 3 6
651
247
937
180
550
251
111
20
1.162
1.223
165
1 ,8 2 7
331
176
1,496
371
248
451
974
1,936
651
247
937
T o t a l (131 road«1. . 4 4 .3 0 3 .5 1 l'4 1 .6 4 5 ,8 0 8 + 2 ,6 5 7 ,7 0 3 101,866 100,857
* F o r t h r e e w e e k s o n ly .
1 In c lu d e s C b e s a o e a k e O hio * S s iith w e s te r n , O h io T a lle y a n d C hi
e«go A T e x a s to r 1 8 9 3 o n ly .
[ E a r n i n g o f G a lv . H o n s. * H e n d e r s o n a r e e r o lu d e d t o r b o th 1 8 9 6
a n d 1897.
G R 0 8 S E A R N IN G S F R O M J A N U A R Y 1 TO J U N E 30.
N am e o f Road.
1898.
$
832,27^
1897.
S
7 4 6 ,1 9 9
In c re a se .
A la b a m a G t. S o u th e rn .
A la. N . O. * T e x . P a o .—
6 1 7 ,5 4 2
6 9 0 ,7 3 1
N . O. A N o r tb e a s t’n . . .
3 3 4 ,6 1 2
2 7 6 ,6 1 6
A la b a m a I t Y lc k sb ’g . .
2 5 1 ,1 2 5
3 3 0 ,6 7 5
V ic k s b u r g S lir. 1 P a t
7 2 2 ,1 4 5
6 2 4 ,9 6 9
A n n A rb o r ........................
1 2 4 .8 4 0
1 5 1 .8 7 2
A tl. K i ; o i v , & N o rth 'n .
277.661
2 6 0 ,0 0 0
A t [a n tic A D a n v ille —
2 ,9 5 5 ,8 1 3
3 ,3 8 7 ,2 4 8
B a lt. A O. S o u t h w e s t .. .
10 ,4 1 9
1 2 ,7 5 '
B irm in g h a m A A tla n tic
1 ,5 5 2 .2 4 2
1 ,8 0 1 ,5 0 1
B uff. R ooh. A P itts b u r g .
1 ,9 2 8 ,5 1 3
1 ,8 4 6 ,8 3 2
B u rl. C ed. R a p . A N o ..
1 1 ,5 8 1 .9 0 9
9 ,7 1 2 ,6 9 4
C a n a d ia n P a r Id o ............
2 4 ,2 4 9
24,44-'
C a r o lin a M id la n d ............
2 ,3 8 0 ,5 3 5
2 ,1 5 3 + 5 5
C e n tr a l o f G e o r g ia ----3 4 ,8 9 4
3 2 ,4 3 1
C h a tta n o o g a S o u th e rn *
5 ,3 4 9 ,6 5 1
5 ,6 7 9 .4 4 8
C h e s a p e a k e & O h io —
1 .9 1 9 .8 9 4
1 ,9 9 8 ,3 8 .
O hio. & E a s t'll I llin o is . .
2
,5
1
0
,8
3
5
2 ,2 86.911
C hio. G r e a t W e s t e r n . . .
1 ,4 0 0 ,2 8 1
1 ,5 3 6 .0 6 2
C hic. In d . & L o u isv ........
Ohio. M ilw . A S t. P a u l.. 1 5 .7 fi9 .3 8 0 l 1 3 .7 4 8 ,4 8 3
4 0 4 ,9 9 7
4 1 6 ,0 3 5
O lio . P e o ria & S t. L o u is
8 ,5 0 8 ,9 5 5
6 ,8 8 5 ,6 4 3
Ohio. R o o k Tsl. A P a o . ..
5 1 9 ,0 2 2
5 6 2 ,9 1 2
C hio. T e rn i'l T r a n f e r .. .
7 3 3 ,4 7 8
8 4 2 ,3 2 5
C hio. A W e s t M ich ig an
27.85C
2«,S5€
C ta . G e o rg . A P o r ts m 'tb
2 ,1 8 8 ,4 8 2
1 ,7 1 9 ,2 3 7
C ln. N .O . A T e x a s Pao.
3 1 1 ,3 1 2
3 3 3 ,308
C le v e la n d C a n to n A S o ..
6 ,8 5 5 ,3 9 2
6 ,1 2 7 ,6 8 9
O lev. C ln. C hic. A S t. L . .
7 9 7 ,7 2 7
9 1 4 ,0 1 2
P e o ria A E a s te r n
7 2 3 ,9 8 6
606,651
C lev e. L o r a in A W heel .
7 6 3 ,0 3 7
7 8 3 ,5 0 8
C o lo ra d o M id la n d ........
1 ,2 2 5 ,1 4f
1,115,111
CoL H o c k . V a l, A T o l.
3 7 7 ,9 7 2
3 6 5 .0 8 !
C ol. S a n ’k y A H o o k in g ..
8,5 5 0
8,800
C o lu sa A L a k e
3 ,1 5 5 ,9 3 9
3 ,8 4 1 ,0 3 3
D e n v A R io G r a n d e ___
1 9 2 ,967
259,619[
lie s M o ln e s N o .A W e s t..
5 8 6 ,9 0 8
6 9 1 ,551
D e t. G r. R a p . A W est
1 0 0 ,2 4 2
2 0 7 ,5 0 1
D e t, A L im a N o r th e r n ..
6 9 2 ,5 9 1
8
4
9
,8
6
6
D uL So. S h o re A A t l . . .
5 6 0 ,5 0 9
E lg in J o lie t A E a s te r n .
7 5 1 ,4 4 1
1 2 8 ,2 2 8
1 3 6 ,5 6 9
E v a n s v . A In d ia n a p o lis
4 8 4 ,2 6 0
5 7 4 ,1 1 5
E v a n s v . A T e r r e H a u te .
1
,3
1 8 ,4 3 8
1 ,4 2 7 .7 8 5
F li n t A P e r e M a r a u e tte .
1 ,1 9 9 ,2 9 3
1 ,5 1 3 ,8 9 6
F la . C e n t. A P e n in s u la r .
4
9 2 ,6 2 3
6 2 9 ,3 2 2
F t. W o rth A D e n v . C ity .
1 4 0 ,1 9 3
2 2 9 ,0 2 8
F t . W o rth A R io G r 'd e ..
4 ,3 8 0
3,642
G a d sd e n A A t a lia U n . . .
6 9 7 ,3 )7
7 1 4 ,4 7 1
G e o rg ia ." ...........................
4 9 4 ,7 6 2
5 8 7 ,2 1 2
G e o rg ia A A la b a m a ........
4 0 6 ,9 2 7
4 8 0 ,0 9 0
G a . S o u th e rn A F lo r id a .
8 8 7 ,7 0 3
9 7 7 ,0 7 1
G r. R a o id s A I n d ia n a
1 9 2 ,4 7 8
2 1 1 ,8 8 9
O ln. R ich .A F t. W ay n e .
18,531
1 9 ,4 9 1
T r a v e r s e C ity .........
5 1 ,0 3 7
5 6 ,7 5 5
M ns. G r. R . A In d .
G ra n d T r u n k ..........— )
O hio. A G r. T r u n k .. > 1 1 ,3 7 9 ,6 1 4 1 0 .4 2 8 ,9 7 6
D e t. G r. H . A M ilw ..)
6 ,1 2 8 .0 1 3
7 ,8 5 8 ,7 7 3
G re a t N o r. S t. P . M .A M.
6 6 9 .9 6 5
7 1 6 ,8 7 6
E a s te r n o f M in n e s o ta .
9 6 1 ,3 5 9
9
9
8
,7
1
3
M o n ta n a C e n t r a l..........
5 7 ,8 4 2
8 0 ,3 1 2
G u ll B e a u m o n t A K . C.
2
3
,4
7
4
2 0 .6 9 7
G u lf A C h ic ag o ............
2 4 ,3 9 9
2 4 ,4 0 0
H o o sa o T u n . A W ilm ...
1
3
,1
5
8
,2
3
8
1
0
,7
0 1 ,6 9 4
Illin o is C e n tr a l.1..............
1 ,5 4 0 ,0 7 0
1 ,6 1 8 ,2 8 5
In t. A G re a t N o rth e rn ..
1
,2
9
5 ,0 2 0
1
,5
8
0
.5
0
0
:
I n te ro c e a n io ( M e x .Q ...
7 5 1 ,4 1 5
8 8 9 ,8 3 8
I o w a C e n t r a l.....................
1
8 ,0 1 3
2
5
,7
4
2
I r o n R a ilw a y .....................
2 4 0 ,8 4 2
20 9 ,3 6 2 ,
K a n a w h a A M ic h ig a n . .
2
,1
0
5
,8 9 4
2 ,3 2 2 ,3 1 6
K a n s a s O. F t.S .A M e m ..
710,886
6 7 0 ,3 2 1
K a n . C ity M em . A B ir ..
1 5 5 ,314
1 6 9 ,0 0 '
K a n s a s C ity A N . W ........
1 2 3 ,3 0 4
1 1 8 ,194
K a n s a s C ity A O m a h a ..
1 ,5 5 5 ,6 0 5
8 8 3 ,9 0 6
K a n . C ity P itts . A G uU .
2 2 4 .3 8 0
1 6 9 .2 9 8
K a n s a s u i t y Sul). B e l t . .
2 6 6 .9 5 3
2 5 7 , P52
K eo k u k A W e s te r n ........
1 .6 3 5 ,7 4 9
1 ,6 4 5 ,8 3 9
L a k e E r ie A W e s te r n ...
9 ,5 60,851
a k c S h o ro A M id i. So. 1 0 ,1 5 8 ,7 8 2
1 * 3 ,9 1 5
1 7 8 ,2 9 7
L e h ig h A H u d s o n R iv e r
1,815,5161
1,€81,874
L o n g I s la n d R R ..............
3 9 ,7 4 9
39,0*0!L os A n g e le s T e r m in a l..
72 9 .4 52
6 5 3 ,8 6 0
L o u isv . E v a n s v .A S t.L ..
2 3 9 ,9 9 9
2 1 1 ,5 1 8
L o u isv . H e n d . A St- L . .
9 .7 7 9 ,3 8 9
L o u isv iilc A N a s h v ill e .. 1 0 ,8 9 1 .1 2 3
2 6 ,0 9 5
28.1 1 8
M acon A B irm lu g lra m .
6 0 ,3 1 8
5 8 ,7 5 7
M a n ls tio u e .......................
6
,7
1
2
.5
*
7
6
.5
6
4 ,0 4 9
M ex ic a n C e n t r a l............
2 .9 9 8 ,8 9 1
2 ,9 4 8 ,4 7 6
M e x ic a n N a tio n a l..........
2 ,0 1 6 .3 0 0
1 .8 0 4 ,0 0 0
D ecrea tt
S
8 5 ,7 7 3
7 3 ,1 8 9
5 7 ,9 9 6
7 9 .5 5 0
9 7 ,1 7 6
2 7 .0 3 2
17,6 6 1
4 3 1 ,4 3 5
2 ,3 3 5
2 4 9 ,2 5 9
81,031
1 ,8 6 9 ,2 1 5
£
_____
196
7 3 ,4 2 0
3 2 9 ,7 9 7
7M 88
2 2 3 ,9 2 4
135,781
2 ,0 1 0 ,8 9 7
11,038
1 ,6 2 3 ,3 1 2
4 3 ,8 9 0
1 0 8 ,8 4 7
4 6 9 ,2 4 5
2 1 ,9 9 7
4 2 7 ,7 0 3
1 1 6 ,2 8 5
1 1 7 ,33£
1 1 0 ,0 2 9
12,888
.......
6 8 5 .0 9 4
6 6 ,6 5 2
1 0 4 ,6 4 6
1 0 7 ,2 5 9
1 5 7 ,2 7 5
1 9 0 ,9 3 2
8,3 4 1
8 9 ,8 5 5
1 0 9 ,3 4 7
3 1 4 ,6 0 3
1 3 6 .6 9 9
8 8 ,8 3 6
1 7 ,1 1 4
9 2 .4 5 0
7 3 ,1 6 3
8 9 ,3 6 8
1 9 ,4 1 1
960
5,718
9 5 0 ,6 3 8
1 ,7 3 0 ,7 6 0
16,911
3 7 ,3 5 4
2 2 ,4 7 0
2 ,7 7 7
1
2 ,4 5 6 .5 4 4
7 2 ,2 1 5
2 8 5 ,4 8 0
1 3 8 ,2 2 3
7 ,7 2 9
2 8 ,5 2 0
1 5 6 .4 2 2
1 8 0 ,565
14,593
5 ,1 1 0
6 7 1 ,6 9 9
5 5 ,5 8 2
9 .0 0 J
10 ,0 9 0
597,931
14 .3 8 2
1 3 3 ,642
7 5 ,5 9 2
28,411
1 ,1 1 1 ,7 3 4
148,478
50.4 1 5
2 1 2 .3 0 0
2,4 6 0
[Vol. Lxvn.
N am e o / Road.
1898.
1897.
In c r e a s e .
Deer: a te .
M ex ican S o u th e rn * ........
M ioh, C e n t. A C an. So ..
M in n e a p o lis A S t. L o a le
M inn. S t. P .A 8. 8 te . M.
M issouri K , A T e x . s y s . .
Mo. F ncW o A I r o n M t..
C e n tra l B r a n c h .......... ;
M obile A B ir m in g h a m ..
M obile A O h io ...................
M o n te re y A H e x . G u lf.
N ash. C lia tt. A S t. L ---N. Y. C e n t, A H u d . R tv.
N .Y .O n ta rio A W e a t'n ..
N o rfo lk A W e s te r n ..........
N o rth e rn P a o ltlo ..............
O hio R iv e r ..........................
O hio R iv . A C h a r le s to n .
O regon R y . A N a v ig n t’D
P e o ria D eo. A E v a n s v ..
P ltls b . B ess. A L , E r ie ..
P itta b . L isb o n A W ea t'n
P itts b u r g A W e s te r n __
P I tts b . C leve. A T o t,...
P itta b . P a in e s , as F ’p t.
R io G ra n d e S o u t h e r n ...
Rio G ra n d e W e s te rn ----S t. J o s . A G ra n d Is la n d .
Bt. L. C hio. A S t. P a u l . .
S t. L. K e n n e t t A S o u th ..
S t. L o n ls A S a n F r a n ..
Bt. L o u is S o u th w e s te r n
Ban F r a n . A N o .P a c ific .
B o u rb e m R a i l w a y -----M em phis D iv is io n —
T e x a s C e n t r a l .................
T e x a s A P a o ltlo ..............
T oledo A O hio C e n t r a l . .
T oledo P e o r ia A W est’n .
Tol. S t. L . A K a n . C ity.
U n io n P a c . D e n . A G u ll
W a b a sh ...............................
W est. N .Y . A P a ........
W h ee lin g A L a k e E r i e .
W isc o n s in C e n t r a l .........
$
3 1 9 ,2 7 2
6 ,9 7 2 .0 0 0
9 8 9 .2 9 5
1 ,8 1 4 .8 3 4
5 ,0 0 2 ,7 6 7
1 2 ,2 7 6 ,1 1 4
6 6 0 ,3 5 4
1 81.810
2 ,0 7 5 ,3 9 0
7 6 2 .1 8 9
2 ,7 3 6 ,7 2 0
2 2 ,1 7 2 ,4 2 3
1 ,7 2 9 ,2 7 5
5 ,4 2 4 ,5 5 7
1 0 .2 5 0 ,5 6 4
4 1 8 ,6 3 9
9 9 ,7 7 0
3 ,2 4 0 ,8 2 7
4 1 8 .5 9 8
5 0 2 .5 3 5
2 1 ,9 1 7
8 6 6 ,4 2 8
5 1 0 ,2 6 2
1 5 7 ,1 1 5
2 1 6 ,1 0 1
1 ,5 5 3 ,8 4 6
5 7 1 ,1 0 0
158,557
29,458
3 ,2 7 9 .1 3 5
2 ,3 9 2 ,6 6 9
3 6 8 ,9 3 2
10,148,61*;
7 32.502
1 2 9 ,1 0 9
3 .5 2 1 .1 8 1
86 5 ,7 6 7
4 6 1 ,6 8 3
1 ,0 2 6 ,0 3 3
1 ,8 1 1 ,2 3 6
6 ,3 8 4 ,9 8 2
1 ,3 7 7 ,3 3 2
693,561
2,320,981
*
*
3 4 0 ,6 4 5
6 ,5 5 4 ,0 0 0
4 1 8 ,0 0 0
9 0 9 ,3 4 9
7 9 ,946
2 3 0 ,0 4 0
1 ,5 8 4 ,7 9 4
7 3 ,4 7 2
4 .9 2 9 ,2 9 5
1 0 ,6 2 0 ,1 4 7 1 ,6 5 5 ,9 6 7
1 71,663
478,691
150,623
3 1 ,1 8 2
1 9 8 ,0 6 2
1 ,8 7 7 ,3 2 8
6 7 0 ,2 9 0
9 1 ,8 9 4
2 .5 5 0 ,1 0 0
185+20
2 1 ,3 4 1 ,6 7 6
8 3 0 ,7 1 7
1 ,7 6 7 ,6 9 7
5 ,0 8 5 ,3 3 1
3 3 9 ,2 2 6
7 ,6 1 5 ,8 2 3 2 ,6 3 4 ,7 4 1
4 2 2 ,3 4 5
86,661
1 3 ,1 0 9
1 ,9 7 5 ,2 8 4 1 ,2 6 5 ,5 4 3
42 5 ,1 2 7
2 6 5 ,0 3 9
2 3 7 ,4 9 6
2 2 ,8 3 8
8 0 0 ,9 3 9
6 5 ,4 9 4
384,711
1 2 5 ,5 5 1
1 4 6 ,4 2 0
1 0 .695i
1 7 4 ,3 2 0
4 1 ,7 8 4
3 8 1 ,4 8 0
1 ,1 7 2 ,3 6 6
5 03,124
6 7 .9 7 6
1 6 ,26*
1 42,291
2 4 .999
4 ,4 6 6
2 ,8 6 4 ,5 7 2
4 1 4 ,5 6 3
2 ,0 4 0 .4 1 4
3 5 2 ,2 5 5
3 3 4 ,6 2 9
3 4 ,303
9 ,2 4 0 ,9 1 4
90 5 ,6 9 8
6 3 1 ,2 9 2
10 1 ,2 1 0
10 4 ,3 5 3
2 4 ,7 5 6
3 + 5 0 ,4 7 5
4 7 0 ,7 0 6
8 1 9 ,0 5 9
4 6 ,708
4 0 ,9 9 5
4 2 0 ,6 3 “
1 ,0 3 9 ,3 2 4
1 ,5 8 4 ,2 0 2
2 2 7 ,0 3 4
5 ,3 9 2 .2 6 2
9 9 2 ,7 2 0
x ,2 8 3 ,6 3
9 3 ,696
492,411
2 0 1 ,1 5 0
1 ,9 2 5 ,5 8 7
3 95,394
S'
2 1 .3 7 3
____
T o ta l 113 3 r o a d s ).
N e t l u o r e a s e ...............
2 8 9 ,1 3 7 ,9 3 8 2 5 5 ,1 7 9 ,3 5 '' 3 4 ,0 7 2 ,0 7 1
3 3 ,9 5 8 .5 7 7
1 1 3 ,4 9 4
__ _. . . .
* F o r t h r e e w e e k s o n ly In J une.
f In c lu d e s C h e s a p e a k e A O hio
C h ic a g o A T e x a s fo r 1 8 9 8 o n ly .
1 T o J u n e 25.
3 8 ,4 2 2
3,70S
6 ,5 2 9
921
_____
..............
_______
..............
1 3 ,2 9 1
..............
S o u th w e s te r n , O hio V a lle y a n d
R O A D S R E P O R T IN G F O R F I V E M O N T H S.
I a n . 1 to M a y 31.
1898.
$
9 5 ,9 1 6
A d ir o n d a c k ........................
2 5 7 ,6 4 5
A la b a m a M id la n d * ..........
1 ,0 4 6 ,8 5 8
A lle g h e n y a lle y .............
4 1 ,5 3 2
A rk a n s a s M id la n d * .----894 Atoll. T o p . A S F e ............
1 5 ,7 8 7 ,8 3 8
2 3 3 ,6 3 8
A tla n ta A W e s t P o i n t . . .
1 1 ,2 0 3 ,0 1 A
B a ltim o re A O h io ............
8,578
B a t h A H a m m o D d sp o rt
1 8 9 ,5 3 3
B ru n s w ic k a W e ste rn * .
21 6 ,0 8 6
B u ffa lo A S u s q u e h a n n a .
20,471 C e n tra l of N e w J e r s e y . 4 ,6 9 3 ,7 4 9
2 6 5 ,4 8 2
C h a r le s to n A S a v a n n a h *
1
6
,6 5 8 ,8 0 2
C lio . B a r i. A Q u in c y —
25 0 C h ic ag o A N o rth W e s t..
13,998.771
3 ,1 1 0 ,4 0 5
C hio. S t, P a u l M. A O m .
6 4 1 ,3 4 4
C hoc O k la. A G u lf ..........
6,2S8
C ry s ta l ................................
3 1 2 ,3 1 0
C u m b e rla n d V a lle y ........
2 3 2 ,0 1 4
D e tr o it A M a c k i n a c .. .. .
1 2 ,7 6 6 ,6 9 “
E r i e .........................................
2 1 ,5 8 6
E u r e k a S p r in g s .................
2 ,8 2 7 ,9 4 9
F li c k b u r s .............................
29 2 ,4 1 5
G e o rg ia C a r. A N o r th .* ..
3 8 6 ,2 3 0
I n d ia n a Ills . A I o w a —
1 5 7 ,3 8 3
J a c k s o n T a m p a & K . W,
6 ,9 3 6 ,9 2 8
L e h itih V a lle y R R ..........
738 L e h ig h V a lle y G oal..........
5 ,3 3 5 ,1 7 7
8 8 ,065
L e x in g to n A E a s t e r n . . .
1 ,3 9 4 ,0 4 3
M ex ic a n I n te r n a tio n a l..
2 2 8 ,7 9 3
M e x ic a n N o r th e r n ..........
1 4 ,175
N e v a d a C e n tra l* ...............
8 6 3 ,2 5 0
N . Y . S usq. A W e s te rn ..
2 4 ,6 3 0
N o r th e a s t’!) of G eorgia*
2 ,5 0 5 ,1 9 2
N o rth e rn C e n t r a l.............
1 2 ,2 5 5
O hio R i v e r A L. E r ie .. . .
2 7 0 ,8 7 5
O hio S o u t h e r n ..................
2 ,4 5 2 ,1 5 0
O re g o n S h o r t L i n o ........
1 ,8 6 0 ,4 5 2
Paoltlo C o a s t *............ . . .
2 6 ,1 1 4 ,9 7 6
P o n n s y lv ’a —E a s t. L in o s
1 8 ,0 1 7 ,1 0 0
W est. L i n e s ............. . . .
2 9 3 ,5 1 0
P e te rs b u rg ...........................
8 ,2 8 0 ,4 0 5
P h ila d e lp h ia A R e a d in g .
7 ,9 3 1 ,5 6 8
C o al A I r o n Co ............
2 4 6 ,2 8 4
P h ila . R e a d . A N. E n g ..
3 ,7 4 4 ,4 6 6
PU ila, W ilm, A B a l t . . . .
3 5 6 ,4 1 8
R io h m o n d F re d . A P o t . .
1 6*,350
R ic h m o n d A P e te r s b 'g ..
10 5 ,3 3 8
Kto G ra n d e J u n o l i o n '. .
7 6 1 .5 8 2
8an A n t. A A ra n . P a s s ..
3 2 4 ,6 1 3
S a n ta F e P r e s . A P h x . ..
Bav. F la . A W este rn * —
62,494
S ilv e r S p ’g s O c a la A G.*
9 5 ,0 2 e
S lo n x C ity A N o r th e r n ..
9,354
So. H a v e n A E a s t e r n .. .
2 2 ,9 7 1 ,0 9 8
S o u th e rn P acific (6 r'd s)
5.057
8 to n y C love A C ats.M ts.
17.78C
T e x S ab. V al. A N. W ..
6,285,131
U n io n P a c ific R y ..............
59,011
W aoo A N o rth w e s te r n *.
8 28,827
............
W est J e r s e y A S e a sh o re
659 W est V ir. A P itts b u r g * ..
119,257
2 5 9 ,7 3 1
W e s te rn <>f A lu b a m a ___
35,70S
W rie h ts v iile A T enniU e
2 9 ,4 9 )
Y ork S o u th e r n ...................
2,023
1,561
T o ta l (63 ro a d s )............. 2 0 5 ,7 0 0 ,0 5 5
N e t i n c r e a s e ( 1 2 '8 Q p o.)
.......
F o r f o u r m o n th s to A p ril 30.
1897.
In c rea se .
S
$
8 ,8 1 8
8 7 ,0 9 8
2 2 9 ,9 1 4
27,731
9 3 1 ,8 4 8
1 1 5 ,0 1 0
12,877
2 8 ,6 5 5
1 3 ,3 6 2 ,9 7 9 2 ,4 2 4 ,8 5 9
7,3 6 2
2 2 6 .2 7 6
9 ,8 5 9 ,9 7 1 1,34 1 ,0 4 3
8 ,5 9 5
1 7 7 ,7 1 8
1 1 ,8 1 5
2 2 1 ,1 4 2
4 ,5 0 0 ,5 1 5
19 3 ,2 3 4
24 0,141
2 5 ,341
1 3 ,9 1 9 ,7 1 4 2 ,7 3 9 ,0 8 8
1 1 ,4 2 2 ,2 8 2 2 ,5 7 6 ,4S9
2 ,8 1 1 .2 7 7 2 9 9 ,1 2 8
4 1 6 ,5 9 9 2 2 4 ,7 4 5
4,4 4 3
1 ,8 5 5
2 7 7 .4 2 9
3 4 ,8 8 1
213,1-40
1 8 ,1 7 4
7 7 7 ,3 8 7
1 1 ,9 8 9 ,3 1 1
2 4 ,1 2 2
2 ,6 8 1 ,9 2 2 1 4 6 ,0 2 7
3 0 9 ,7 0 9
3 4 0 ,5 6 3
4 5 ,6 6 7
1 5 ,705
1 4 1 ,6 7 8
6 ,7 2 4 ,3 3 7 2 1 2 ,5 0 1
5 ,1 4 4 ,5 5 5
19 0 ,6 2 2
8 5 ,9 6 2
2 ,1 0 3
1 ,3 0 5 ,9 3 7
8 8 ,1 0 6
2 7 1 ,7 4 9
9,8 6 6
4 ,3 1 0
8 2 6 ,6 6 3
3 6 ,5 8 7
4 ,6 5 9
9,971
2 ,5 5 4 ,1 1 5
1,4 4 6
1 0 ,8 0 9
2 6 2 ,0 0 5
8 ,2 7 0
2 ,1 1 0 ,5 2 6 3 3 2 ,6 2 4
9 8 7 ,0 8 7
8 7 3 ,3 6 5
2 4 ,4 0 4 ,1 7 8 1 ,7 1 0 ,8 0 0
1 5 ,8 5 0 ,0 0 0 2 ,1 6 7 ,1 0 0
2 5 9 ,5 6 4
2 3 ,9 4 6
5 6 0 ,5 0 4
7 ,7 1 9 ,9 0 1
7 .1 8 6 ,3 0 2 7 4 5 ,2 0 6
1 5 ,2 7 7
2 3 1 ,0 0 7
2 2 0 ,8 0 0
3 ,5 2 3 ,6 6 6
5 0 ,2 5 3
3 0 6 ,1 6 5
1 9 ,084
1 4 7 ,2 6 6
8 2 ,6 5 4
2 2 ,6 8 4
7 7 7 ,2 5 4
2 8 4 ,8 6 9
3 9 ,7 4 4
2 2 ,7 3 0
1 ,1 3 0 ,0 7 7
6 4 ,0 1 0
8 0 ,1 0 8
14,918
1,101
8,2 5 3
1 8 ,6 0 9 ,9 3 6 4 ,3 6 1 ,1 6 2
6,025
4 ,5 8 9
13,191
5 ,4 7 5 ,9 0 0 8 0 9 ,2 3 3
70,931
8 0 1 ,8 4 4
2 **,983
1,310
1 1 7 ,9 4 2
2 5 7 ,1 7 0
2,561
33,108
2,601
2 5 ,8 2 6
3 ,6 7 3
1 8 2 ,2 1 8 ,1 2 7
2 3 ,6 2 &.I76
23 4 SI. 0 2 S
Decrease.
*
17
5 ,0 5 6
.. .....
. .....
2 ,5 3 6
1 7 ,2 9 4
__
4 2 ,9 5 6
4 8 ,9 2 3
___ _
1 5 ,6 7 2
___
• 1,516
3 68
___1 1 ,9 1 2
1 4 6 ,2 5 0
THE CHRONICLE.
J olt 16, 1898. J
D E B T STA TEM E N T J U N E SO 1898.
The following statement of the public debt of the
United States on June 30 189S is made up from
official figures issued on that day. Further on we
give an interesting exhibit of the bonds issued in aid
of the Pacific Railroads, and the Treasury cash hold
ings, all of the same date.
INTEREST-BEARING DEBT JUNE
Interest
Am ount
Am ount outstanding.-------lU le o fL o a n —
payable.
issued.
Registered.
Coupon.
Total.
$
$
$
$
4^8,Fund, loan.1891, | q
250,000,000 25,364.500
.........
25,364,500
Continued at 2 , ... .
8,798,300 559,646,050
740.907.400 490,847,760
4s, Funded loan, 1907..Q.— J.
...............
40,012,750
4s, Refund’g certiflc’s.Q.— J.
41,520
100,000,000 65,755,050 34.244,050 100,000,000
6s, Loan of 1904 .......Q.— F.
163.315.400 111,051,900 51,263.500 162,315,400
4s, Loan o f 1925..........Q.— F.
Total, excluding Pac."
................
1,293,235,550 693,020,100 154,305,850 847,367,470
RR
Bonds.............................
.
Bonds issued to Pacific Railroads not yet matured: Central Pacific,
$9,197,000; Union Pacific, $3,157,000; W estern Pacific, $1,650,560;
total................................................................................................................
14,004,560
N o te - T he denominations o f bonds are as follows . Two percents (registered
only), $50. $100, $500, $1,000, $5,000, $10,000. $20,000. $50,000; 4s of 1007, regis
tered, $50, $100, $500, $1,000, $5, 000, $10,000, $20.0oO, $50,000, coupon. $50, $100.
$500, $1.00*'; 4s, refunding certificates, $10; 5s of 1904, registered, $50, $100,
*1,000, $10,000, coupon. $50, $100, $1,000 : 4s of 1925 registered, $50, $100, $500.
$1,000. $5,000, $10,000. coupon, $50, $100. $500, $1,000.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
May 31.
June 30.
Funded Loan of 1891, matured September 2,1891.. $132,400 00
$1*0,400 00
Old debt matured prior and subsequent to J an. 1, ’6L 1,132,450 26
1,132,280 2e
Debt on which interest has ceased.........................$1,261,850 26
$l,26i,680 26
Bonds issued to Pacific railroads matured but not yet pre
sented: Union Pacific, $71,000; Central Pacific, $41,000;
Kansas Pacific, $12,0«j 0 ; Sioux City & Pacific, $5,00J; to ta l...
129,000 00
DEBT BEARING NO INTEREST.
United States notes.....................................................................................$346,681,016 00
Old demand notes........................................................................................
53.997 50
National Bank notes—Redemption account.....................................
30,493,147 00
Fractional currency.......................................................... $15,260,686 14
Less amount estimated as lost or destroyed............. 8,375,934 00
------------------6,884,7 2 14
Aggregate o f debt bearing no interest............................................ $384,112,912 64
RECAPITULATION
May 31.
Increase Or
June 30.
1898.
Decrease. •
1893.
$
*
Classification o f Debt
$
847,367.410 00
Inc .00 00
Interest-bearing debt........ 847,367, *70 00
Dec.2,170 00
1,261.850 26
Debt, Interest ceased..........
1,2 t2,0*O 26
384,896,315 14
Dec.7h3,402 50
Debt bearing no Interest... 381,»1 \9 l2 64
Total gross debt........... 1.232,7 4*.06 *■90 1,233,528.6-5 40
195, 54,815 03
Cash balance in Treasury.. 205,657,570 76
Dec.78>.512 50
Inc. 9.902,755 73
Total net debt...............1.027.035,492 14 1,037,773.760 37
Dec. 10.668,238 23
105
months, thus completing the results for the eleven months
of the fiscal year 1897-98. The imports of gold were large in
volume—only slightly less than for April—the amount re
ceived reaching $3,025,504, of which $2,949,052 was in coin
Of silver there came in $111,929, of which $105,746 was bul
lion. There has been received during the eleven months a
total of $23,448,938 gold and $1,937,173 silver, which com
pares with $9,499,130 gold and $1,997,710 silver in 1898-97
The shipments of gold during May were $81,162 coin, and the
exports of silver have been $121,880 coin and $529,334 bullion.
For the eleven months the exports of gold have been
$1,190,285, against $977,391 in 1896-97, and $9,348,535 silver
has been sent out, against $8,690,906 in 1896-97. Tha exhibit
for May and the eleven months is as follows :
IMPORTS OF GOLD AND SILVER AT SAN FRANCISCO.
GOLD.
SILVER.
MONTHS.
C oin.
1897-98
A u g u s t----8 e p te m b ’r .
O c to b e r...
N o ve m b e r.
D ecem ber.
J a n u a r y ...
F e b ru a ry ..
M a rc h .......
2 ,6 9 0
2,1 9 3,96 5
3 ,293,091
1,950,426
1,583,021
8 54,268
895 905
2 ,2 2 1 ,6 6 0
1,512,055
2,6 4 8,88 6
2 ,9 4 9 ,0 5 2
B u llio n
Total.
a*
78,2 64
61,281
337,555
88,467
339,350
389,044
35,562
391,757
137,944
418 ,25 3
76,452
$
80,944
2 ,255,246
3,630,646
2,038,893
1,922,371
1,243,312
921 ,46
2 ,613,417
1,649,999
3,0 6 7,13 9
3,0 2 5,50 4
r o t . l l m o s 2 0 0 9 5 0 0 9 2,353,029 224 4 8 93 8
C oin .
B u llio n .
81,334
65,760
62,065
65,552
97,403
104,916
4 4 ,2 2 ^
13,365
32.6 80
20,4 35
6,183
Total.
$
$
179,971
132,932
84,157
148,153
99,666
113,215
58,988
122,980
157,850
129,599
105 ,74 6
261,305
19 -1,692
146,222
213,705
197,069
218,131
103,211
136,345
190,530
150,034
111,929
5 03 ,91 6 1 333.257 1.927.173
EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.
GOLD.
C oin.
1897-98.
J u ly ...........
A u g u st___
September.
O c to b e r ...
N ovem ber.
D ecem ber.
J a n u a ry ..
F e b ru a ry ..
M a r c h .. . ..
A p r i l .........
M a y ...........
$
8 ,175
108 .25 5
13,0 40
10,702
443 ,09 5
4 1 7 ,1 0 0
13.630
78,865
3,656
10,995
81,162
B u lV n
%
ioo
390
100
520
500
SILVER.
Total.
$
8,175
108,355
13,430
10,802
443,095
4 1 7 ,6 2 '
14,130
78,865
3,056
10,995
81,162
C oin.
$
4 71 ,09 6
643,471
840,436
9 31,022
7 88,898
9 68,602
254,718
68.9 46
24,504
15,848
121,880
B u llio n .
$
405,080
325,188
383.500
445 ,90 0
366 .50 0
406 ,97 0
334 ,60 0
3 3 1,000
343,100
294 ,34 4
529 ,33 4
Total.
$
876,776
968,659
1,226,936
1,376,922
1,155,396
1,375,572
589,318
4 4 9 ,94 6
367,604
310,192
651.214
The foregoing figures show a gross debt on June 30 C o t.lL m os 1,1 8 8,67 5 1 .610 1,190,285 s . i s o . o m 'd . z is . s is 9,348,535
1898 (interest-bearing and non interest-bearing) of $1,232,713,062 90 and a net debt (gross debt less net oash in the
Treasury) of $1,027,025,492 14.
IM PORTS AND E X P O R T S FOR JUNE.
P a c i f i c R a i l r o a d D e b t .— These bonds are never inelnded
The
Bureau of Statistics at Washington has this
in the official total of the Government debt. To show their
week issued the statement of the country’s foreign
present status we have made the following compilation :
BONDS ISSUED TO PACIFIC RAILROADS—THEIR STATUS JULY l ISOS.
trade for June, and from it and from previous stale
Railroad Liability.
Marne
of Railway.
Central Pacific...
Western Pacific.
Cent. Br.. U. Pac.
Sioux City A Pac.
Bond*
Issued
by G<*v't.
Met
In t. Paid
by Qoo't.
Bond*—Mat urity of.
Sinking Leaving
Fund,
M*t
Past-Due, Cue Jan.
Ac.
Liability. Unp lid. 1. 1899.
$
$
$
$
$
$
$S,8'*5,120I 36,57*621 8,825,590 53.6*3,154 10088.120 9,197,000
320,000 1,650,500
1.970,6001 *,403.58'
5,374.1*6
1.000,0H) 2,107,409
m.7J?,4«w 1.000,000
L02 0.320
1.028,320 j 2,004,08**
4.232,4'
ments we have prepared the following interesting
summaries. The tables are the same as those hereto
fore given by us in our article on the Financial Situ
ation.
F o r e ig n t r a d e m o v e m e n t o f t h e U n it e d s t a t e s .
In th e followlnR tables three ciphers (000) are in all cases omitted.
■—>
/—— ——-1 8 9 6 -7 .-— X
1897-8.—----Total.............. 31,OR| ,00)1 44.74+7*7 8.8 A5.0OO 07.' 07.177 20,230.440 10.817,560
Exports. Imports.
Excess.
Excess.
Exports. Imports.
*
1
t
$
ff le r c h ’d i s e . $
$
T r e a s u r y C a s h a n d D e m a n d L i a b i l i t ie s . — T h e c a s h h o ld
221,450 152.433 + 69,017
e p t... 21B.475 1 3 V9>7 4-1*20.518
in g s o f t h e G o v e r n m e n t a s t h e it e m s s to o d J u n e 30 w e ta k e July-S
330.775 l 5 '*,491 + 180,284
O ct.-D ec.... .**53.471 153.860 + 100,011
2 « 1,05 5 180.943 +74,112
fr o m t h e T r e a su r y s t a t e m e n t o f t h a t d a te . T h e net ca sh Jan.-M arch. 3 • €*.‘>51 1 6 M U + 150.010
-1-44.107
7 7 ,0 ‘9 101.322 —23.673
5
5.081
April............
99.217
b a la n c e g iv e n b e lo w is t h e s a m e a s d e d u c te d a b o v e in r e a c h May............. 111.257
77.^71
79.3d8
-1.487
54,4*8 + 5 6 .-0 9
73.193
85.183 - L 1,990
51.207 +43.541
J u n e ..........
94.8o8
i n g t h e net d e b t.
CASH IN TH E TREASURY.
616.053 +615.259 1.050.993 764,730 + 286,203
T otal....... 1,431.812
Gold—C oin.....................................................................*101.775,2-3 6>
G o ld .
Bare.................................................................... 1)8.04-J.731 -7 *202,825.018 56
13,939
30,722 - 2 5 .7 8 3
—1,668
7 ,5 8 7
Sliver—Dollars............................................................. 404,7)8,731 00
0,255
Juiy-Sept...
1.173
37,872 -3 6 .0 9 9
16,008 — 14.424
Subsidiary com......................................................... 12.097.0? 1 61
1.584
U ct.-D ec....
1,980
-7 0 6
1.28)
Bars............................................................................. 98,l«5.4 '3 55 - 515.02y.P0a 06 Jan -March.
41,264 —36,918
4.34d
+ 6.010
6,030
620
-3
1
,0
2
1
Paper—United States notes..................................... 00,108,687 00
1,323
A p ril...........
501
+8.906
9,4 67
Treasury notes of 1800............................................
2.541,70j 00
13.1 la -1 3 .0 0 9
109
M a y ...........
+6,975
651
7,626
3.185
-•4,8 >9
Gold certificates.......................................................
1.669.5 0 00
376
June .........
Silver certificates......................................................
7.897.*24 00
81.412 -4 1 ,2 9 7
40.115
15,325 115,174 -0 9 ,8 4 9
560,000 00
Certificates o f deposit (Act June 8,1872)..........
Total.......
National bank notes.................................................
4,770,174 38
77,477,795 38
S ilv e r .
Other—Bonds, Interest and coupons paid, await
2,510 + 14.038
16.548
3.300 + 11.003
14.453
July-S e p t...
ing reimbursement..................................................
37.926 28
4,050 + 12,538
10.588
4.367 +11.038
16,005
O ct.-D ec....
Mmor coin and fractional currency.......................
1.300,?flo 94
2.121 + 11,463
13.574
1,000 + 10.50?
Jaa.-Marcb.
1 -A. 103
Deposits in nat’l bank depositaries—gen'I acct..
83.3 •■3.6aI *8
+4,318
4,807
679
+3.768
273
4,041
Disbursing officers'balances....................................
6.161,9.9 1 1 - 40.133.817 74 A p ril.............
706
+3.571
4 337
4.183
490
+3.093
May --------+4.132
955
5,087
+ 3,357
800
4.157
Aggregate................ ........................... .
$835,466,507 74 J u n e ...........
10.981 +5B.050
DEMAND LIABILITIES.
61,031
10,890 +44,052
Total.......
54,942
Gold certificates.......................................................... $37,4 20,149 00
G o ld in O r e .
Sliver certificates.................................................... 308.556,504 cO
-5 2 4
583
58
—1,122
1,125
July-Sept...
3
26,005.000 00
Certificates of deposit act June 8,1872................
—516
Oil
90
-1 ,3 9 9
1.405
Treasury notes o f 1890........................... ................ 101,2 7 28* r0 $ 583,78?,933 00 Oct.-Dec..
—
1,337
1,227
90
—1,997
2,009
Jan.-March.
72
Fund for rederap. o f uncurrent nat’l bank notes
8,568,194 00
—360
352
—268
208
A p r il.... ...
Outstanding checks and drafts...............................
4,552,290 97
—388
389
1
—20t
201
M ay.............
Disbursing officer*’ balances.................................... 45.634.099 o2
—442
442
—140
146
June...........
68.020.063
98
Agency accounts, Ac........ .......................................
7.260,479 43
Gold r e s e r v e ....................................$100,000,000 00
—3.356
3,603
247
—5.130
5.217
Total.......
Net cash b a la n ce ............................ 105,657,570 70 .......................... „ 205,357,570 76
s ilv e r in O re.
*835,466,667
74
-4 .1 6 4
ARurehate...............................................................
4.392
228
—5,473
e p t...
—4,100
4.534
428
. *105,751,815 03 July-S
—4,785
Net cash balance In the Treasury May 31.1808...
Oct.-Dec__
—4,747
4,995
. 205.657,570 78 Jan -M arch.
248
-5 .2 0 3
Net cash balance In the Treasury June SO. I tO S ..
1.004
A p ril . __
—1,972
1.984
i -2
Increase d u iin atlie month.............................................................
*9,902,755 73 May............
—1.031
—2,044
2.044
-1,229
1.229
June ..........
10.553 -1 8 .0 3 7
910
‘4 0,035 - 1 9 ,8 /2
T o ta l........
IM PORTS AN D E X P O R T S OF GOLD AND
SIL V E R A T S A N FRANCISCO.
We have received this week fr im the Collector of Customs
at San Francisco the details of imports and exports of gold
and silver through that port for the month of May, and give
them below, together with the figures for the preceding
• Excess of exDorts
— Excess of imports.
We subjoin the totals for merchandise, gold and
silver for the twelve months since July 1 for six
years.
THE CHRONICLE.
106
S old.
M ib c h a k im s f .
Twelve
Mos.
Exes**
ifx Exports. Import*.
of
Export* port*.
Sil y s b .
i^ lo u e ta v v jfO P o m m c v c ia V g n a V is T tU e to s
Excel*
Im
E x
im - < ? / i r
of
port*. Exports port*. P»rt*- i o n -
«
$
•
t i l
9 7 9N 1,231,812 « l »J,03 ; «15159 1 5 J0412P.391
* 0.843 83.016
9CL97 l/ a o / o s 7 tt 4,WO
9 3 -9 R >S*J/07 779.730 J O4"S2TLM10 3 3 , 35
7
31.070
73.66* OO.40B 30.881
9 4 9.5 S07.N19 .T 9 1 hj) 1,00" f i l 7 . r o •44 1133 76.906 7 ‘4
*4 l .48*
9 *4 9 3 H 1 7 .0 1 ««0.047 * 1*4.01*
• Kxcaas o r Import**.
1
t
•101,035 5 5 ,1 0 '
*44,060 61,017
78,885 60.541
3 0 /8 1 47.306
4 .0 6 50.067
8 7 ,2 >:i
»
«
36,020 -44,'SO
311.534 3 1,413
•4 8 7 7)31,704
•40.211 ‘4 7,OS#
19. 00.39,7(4
•29,2*3 1 1718
Similar totals for the six months since January
make the following exhibit.
Six
Mas.
GOLT>.
M e r c h a n d is e
Carport*. Imports.!
* Ex
Exports ports.
*
t
|
*
1 8 9 S 6*41,36* 3*46 236 *495>31
1 8 9 7 ih 9 .7 6 « | I5*A.*O0 36,86V
1 8 9 6 , * 14,0121369,656 » 4,910
1 8 9 5 3 S 0 .8 6 '!3 9 1,600 *4,735
1 8 9 1 401,429 3 3 5 7 4 3 6 8 * 8 f
1 S 9 3 - 388.397 4 5 7,197 *68.800
• Excess o f imports.
SIL V E R .
ExctaS
E x
Im
or
ports. E£pOrtfi ports.
$
?
S
6.236 94,598 •86,37?
••33/96 6.230 1 8 86
i ‘4 .99 k 4 5 ,0 1 1 17,01*
8.738
3.5.140 46,816
7 0.980 1 1.7.-2 5 9,148
73718 1175
61.959
*
44.507
4 S ,l5 r
30,201
*43.981
43,88*
19.552
Im Excsss
Ex
ports. of
ports.
$
14,890
15.01^
I 4*794
1 0,390
7.81;
9,578
$
1 1.707
13,107
1 5.470
13,543
10,o;i
9,979
In these tables of totals gold and silver in ore for
all fiscal and calendar years except 1892-93 are given
under the heads respectively of gold and silver; for
1892-93 both are included in the merchandise figures.
The following shows the merchandise balance for
each year hack to 1875.
EXCESS OF MERCHANDISE IMPORTS OB EXPORTS.
1 2 m o n th s e n d in g J u n e 3 0 —
6 m o n th s e n d in g J u n e 3 0 —
1 8 7 5 .................T m p o r ts .$ l9 ,5 6 2 ,7 2 5 1 8 7 5
.......Im p o r ts r t ,7 9 5 ,2 12
1876
......E x p o r ts . 5 0 ,0 0 3 ,7 3 3
1 8 7 0 ................ E x p o r ts . 7 9 ,6 4 3 ,4 8 1
1 8 7 7 ............E x p o rts . 1 5 1 ,1 5 2 ,0 9 4 1 8 7 7
......E x p o r ts . 3 7 ,8 9 6 ,4 1 3
......E x p o r ts . 1 5 5 ,8 5 4 ,5 3 5
1 8 7 8 ............E x p o r ts .2 5 7 ,8 1 4 ,2 3 4 1 8 7 8
1 8 7 9 ............E x p o r ts .2 6 4 ,6 6 1 ,6 6 6
1879
......E x p o r ts , 1 1 5 ,0 3 6 ,0 1 1
1 8 8 0 ............E x p o r ts . 1 6 7 ,6 8 3 ,9 1 2 1 8 8 0
......E x p o r ts . 3 1 ,1 6 3 ,4 9 4
......E x p o r ts . 9 7 ,9 9 9 ,9 6 6
1 8 8 1 . . . . .........E x p o r ts . 2 5 9 ,7 1 2 ,7 1 8 1 8 8 1
......I m p o r ts . 3 9 ,4 3 7 ,0 3 0
1 8 8 2 ............E x p o r ts . 2 5 ,9 0 2 ,6 8 3 1 8 8 2
1 8 8 3 ............E x p o r ts . 1 0 0 ,6 5 8 ,4 8 8 1 8 8 3
......E x p o r ts . 4 6 ,0 8 3 ,0 1 9
1 8 8 4 ............E x p o r ts 7 2 ,8 1 5 ,9 1 0
1 8 8 4 ..
. ... E x p o r ts . 1 0 ,7 5 5 ,8 3 5
1 8 8 5 .............E x p o r ts . 1 6 4 ,6 6 2 ,4 2 6 1 3 8 5 ..................E x p o r ts . 5 5 ,3 1 3 ,6 9 3
1 8 8 6 ............E x p o r ts . 4 4 ,0 8 8 ,6 9 4 1 8 8 6
......I m p o r ts .
9 7 8 ,7 3 8
1887
..... I m p o r ts . 2 7 ,0 9 0 ,1 2 7
1 8 8 7 ........... E x p o r ts . 2 3 ,8 0 3 ,4 1 3
1 8 8 8 ........... I m p o r ts . 2 8 ,0 0 2 ,6 0 7
1888
......I m p o r ts . 6 1 ,5 7 5 .3 0 0
1 8 8 9 ........... I m p o r ts . 2 ,7 3 0 ,2 7 7 1 8 8 9
......I m p o r ts . 3 0 ,0 5 5 ,2 5 6
1890
......I m p o r ts . 1 8 ,7 2 1 ,3 0 1
1 8 9 0 ........... E x p o r ts . 6 8 ,5 1 8 ,2 7 5
1 8 9 1 ........... E x p o r t s . 3 9 ,5 6 4 ,6 1 4
1 8 9 1 ..
..... I m p o r ts . 1 8 ,261,571
1 8 9 2 ........... .E x p o r ts .2 0 2 ,6 7 5 ,6 8 6 1 8 9 2
......E x p o r ts . 4 7 ,4 2 5 ,4 1 2
1 8 9 3 ........... Im p o r ts . 1 2 ,6 0 5 ,7 9 8
1893
......I m p o r ts . 6 8 ,8 0 0 ,0 2 1
18 9 4................ E x p o r ts .2 4 4 ,1 3 2 ,6 9 2
1894
......E x p o r ts . 6 8 ,4 8 8 ,0 7 2
1 8 9 5 ............E x p o r ts . 7 5 ,5 6 8 ,2 0 0 1 8 9 5
......Im p o r ts .
4 ,7 3 5 ,0 1 5
1 8 9 6 ............E x p o r ts .1 0 2 ,8 8 2 ,2 8 4 1 8 9 6
..... E x p o r ts . 7 4 ,9 5 0 ,1 4 0
1 8 9 7 ............E x p o r ts .2 8 6 ,2 6 3 ,1 4 1
1897
..... E x p o r ts , 3 6 ,9 6 1 ,8 8 2
1 8 9 8 ........... E x p o r ts .6 1 5 ,2 5 9 ,0 2 4 1 8 9 8
......E x p o r ts . 2 9 5 ,1 3 1 ,0 1 3
FAILURES B Y BRANCHES OF TRADE.
We take from Dan’s Review the following statem ent
•howing the failures in the United States by branches of
trade for the six months ending June 30 in each of the last
three years.
FA ILU RES BY BRANCHES OF BUSINESS.
J a n u a ry 1 tn J u n e 30.
M anufacturers.
Iron, foundries and nails..
Machinery and tools..........
Wool’ns.c'rp’ts&knltgoods
Cottons, lace and hosiery-..
Iaimb,r.carp,nt,'rt»&coop ra
Clothing and millinery. ..
Hats, gloves and furs. ...
Chemicals, drugs & oamts.
Printing and engraving—
Milling and bakers............
Leather, shoes & harness
Liquors and tobacco.........
Glass, earthenware & brick
All o th e r .............
...
1898.
No. Liabilities.
82
135
22
13
206
125
20
44
92
75
74
50
<8
•412
•
894/09
4,204,546
l/6fl,«00
791,550
4,38/877
1,603,071
304>33
2,472.879
1,755.417
417,723
1,«P6,»?0
1,175,121
731,080
8,914,002
1800.
1897.
No. Liabilities. No. Liabilities.
•
67 5,190,951
73 2,4«2.0S96
625,800
40 P,24f.53i
196 9,7 1,442
130 1,153,4917
149.181
49
611,977
102 1.4*7,072
«s 2,31V, 199
00 2,342,219
8-4 2.302.434
39 1,35?/(is
460 12,004,552
•
2/75,825
3.2*17.285
4,230 iOil
1,259,324
7,4-5/04
2,249,280
623.451
1,345,055
1,930,08"
1 /8 0 /5 6
2,1 40/74
3,033,644
079,207
600 10,577/05
E8
OH
43
38
26
17'
16
69
102
98
8*
80
Total roanuractunng... 1,343 30,768,114 1,135 45,314,978 1,03; 42.904,059
Trader*.
706 4.321.090
General stores...................
780 4,440,002
807 5,922,010
Gr «erles. meat * ami fish.. 1,844 J,71'4.0 <8 1,111 4.300,159 1,100 5.8*7,835
185 1.IOS.40S
216 1,342,25!
H otels and restaurants—
173 1,010,003
50| a au.'iK,
492 1,057*01»
Liquors and tobacco........
459 3.145,159
Clothing and furnishing...
4311 3 8*7.3 6
4 19 3,805,190
401 5,191,430
2-7 3.273,2 0
326 4.606.270
Dry koo l- and carpets----305 7,102/79
1.912. "95
27H 2.538.2; r
2m
Shoes, rubbers an<l trunks
4.373,138
17C 1.105,803
furniture and crockery..
2/04,280
167 1/15,572
20
174 1,02’. 10 ’ 200 2.043.91*
Hardware, stoves & tools.
259 2.195/85
■IV 1,035,3*89 250 1.822.511
Drugs and paints — ..........
20
1,7 95. '37
109
987.719
Jewelry aud clocks......... ..
132 1/07,-21
165 1.00 ',856
43ft,8'l*|
85
90
51
Books and papers...............
097.705
92 1.601
31 1.' 82,732
30
500,861
Hats, furs and (gloves........
2 '2,0143
005 6,4 V7,061
633 8,305.8 .2
001 0/O-\i)8W
All o th er ............................
Total trading................ 5,209 32,Of 0/»2O 5.229 41,277/24 6,250 51,373/10
160 3,719,069
Brokers and transporter a.
4/00,506
103 8,502.0 »8
11
I!
157
[ You. LX VII.
Total com m ercial..— 0.718 07,444.639' 6.821 91/92,787 7,020
B a n k in g ...........................
116 1 .100,40.
48 3,8 2,144
8* 0, >52,171
NOTE.—Iron, woolens and cottons Include all the hrancties or tnuatj ruunu'factnres; machinery Includes Implements and tools; lumber Includes sawplaninsr. sash and door mills, caroenters and coopers; clothing Includes millinery
and fumisblnes; hats Include furs and gloves; chemicals Include drugs. fertlli
*er*. paints and oils; printing and books include engraving and maps: milling
Include? baking; leather and shoes include makers of harness, saddlery, trucks
and rubber goods; liquors Include tobacco, wines, brewers and beer: glass in
eludes earthenware, pottery, bnck, lime and cement; groceries Include meats
and fish; hotels Include restaurants; drygoods Include carpets and curtains ;
furniture Includes crockery; hardware Includes stoves and tools; aud jewelry
ncludes clock? and watebe?. Brokers include all roil estate, note, insurance
or produce dealer? wbo«e main business Is not the handling of actual products,
with mortgage an 1 other loan concerns, and transporters include all excopt in
corporated railway companies
[ F ro m o u r o w n c o r r e s p o n d e n t. 1
L o n d o n , Saturday,
July 2, 1898,
The political events of the week have been a more optimis
tic speech from Lord Salisbury than he has delivered for
many months past, and the termination of the Ministerial
crises both iu France and in Italy.
The first statement of M. Brisson, the new French Premier,
lias been received, as was generally expected, with a moderate
amount of favor in the French Chamber of Deputies, but it
is thought that the members of the Government are drawn
too exclusively from the Left to be likely to obtain for long
any very cordial support from the Chamber taken as a whole.
Nevertheless, in two or three weeks' time the Chamber will
adjourn for the summer recess, and if the Government is
able to maintain itself on good terms with the Chamber
during th at short period, it is at any rate assured of office
until the re-assembling iu the middle of October next. Its
fate must depend upon the chapter of accidents and the gen
eral impression as far as I can gather is th at it is not thought
that it will be a very long-lived Ministry. But iu these mat
ters even the opinions of those best in a position to judge are
rarely of any great value, as the tenure of any ministry in
office must depend upon such a variety of circumstances
which cannot he foreseen beforehand.
W ith regard to the new Italian Ministry, a similar com
ment would not be out of place, the Italian Ministry being
still more dependent upon a very uncertain m ajority for its
tenure of office. I t is composed chiefly of members of the
Left and the more influential supporters of the late adminis
tration. In addition the Premier is a general of the Italian
army, and doubt is naturally expressed how the more ad
vanced wing of the party upon which his Government must
lean, if they are to secure a majority at all, will like to be
presided over by one who from the nature of his position is
at all times at the order of the War Office. As in the case of
the French Ministry, so in th a t of the new government at
Rome, the near advent of the holiday season may give
it a longer life than is prophesied for it in influential
quarters.
For no conceivable reason the Bank of England directors
at their meeting on Thursday decided to reduce their official
minimum rate from 3 per cent, at which it has stood since
the 2d of June, to
per cent. As this change was m ade
after prolonged deliberation on the part of the Court of
Directors, it is assumed that a large minority of the Board
were making against auy change whatever, which would
have certainly coincided with the wishes of the market out
side—the general opinion being that as Thursday was th e
last day of the first half of the year it would he well
to put off making auy reduction until next week. A r e
duction of
per cent, moreover, it is thought, w ill,in all
reasonable probability, be followed by a further reduction to
2 per cent, which would give bankers and others the trouble
of announcing iu two consecutive weeks a reduction in the
rate of interest which they are prepared to allow to deposit
ors. In addition and until the very end of the half year even
the short-loan money was so easy th at it was readily obtain
able by those in really first class credit at anything from K
to % per cent. I t is true that on Wednesday night there was
a small business done at the Bauk, and on Thursday those who
had failed to provide themselves with accommodation earlier
in the week had to go to the Bank aud par the full official
rate. Nevertheless, rates iu the outside market were quoted
below 2 per cent. Under these circumstances I need hardly
add that the Bank exercises but a very moderate control over
the outside market, and as soon as the tu rn of the half year
has passed considerable sums will again be offered by hank
ers and others who have called in money for the purpose of
making a good show in their half-yearly statement.
Yesterday’s return shows that the Bank remains in a very
strong position, although there is a considerable reduction in
the reserve during the week. This has been occasioned
merely by an outflow of money into internal circulation con
sequent upon seasonable demands, and the item at 27 millions
sterling is nearly two millions higher than at the correspond
ing date of last year, while the proportion of the reserve to
the liabilities of the Bank, at 48;X per cent, although some
what lower than the figure at which it stood last week, is
4 per cent better than at the corresponding date.
THE CHRONICLE
J u l y 16, 1898.J
So small is tlie speculative position open upon the Stock
Exchange that at the settlement which was concluded on
Wednesday rates for the fortnight ruled from 21^ to
per
cent, and the extreme ease in the money market to wnich
we have just referred is undoubtedly partly due to a very
large extent to the absence of any kind of speculative
activity in the stock markets. EveQ the great investment
markets fail to attract their usual share of business, and
speculative activity, so far as the public is concerned, has
almost completely died out, while the professional operator
does very lit le. The reason for this, as I explained last
week, is that greater attractions for the employment of
capital are to be found in other directions. The highest
class of investment securities, such as consols, local loan
stock and British and Irish corporation securities and the
railway stocks upon which there is a fixed rate of interest
are already at such high prices that the return to any but
the very richest is almost prohibitively small. Industrial
securities are undoubtedly attracting considerable attention;
nevertheless the growth of expenses in these undertakings
militates to a very large extent against any possibility of
their reap'ng additional profits from the increase in their
receipts. Tne speculative position is depressed, chiefly upon
political account and until you see your way to terminate
the war now in progress between yourselves and Spain, it is
h vrdly likely that we shall witness, particularly on this side,
any great activity in American railroad securities The
South African market is likewise dominated by political
considerations. The defeat of the Cape Ministry a fortnight
ago is taken as a forecast of the speedy advent to power once
more of Mr. Cecil Rhodes, and hew he will be able to main
tain all the relations between the Government and the Cape
and that of the Transvaal Republic remains to be seen.
Silver has been steady for the greater part of the week at
27s. 5-16d on the continuance of the Spanish purchases, but
the price yesterday fell to ‘<s7l£d. on cessation of this de
mand. Tne India Council was again successful in the dis
posal of its weekly allotments of 4b lacs of rupees. For this
amount the total applications of the market exceeded 129
lacs, and alth mgh the prices tendered were again somewhat
lower than at the preceding allotment, nevertheless they
work out about a penny a rupee over the prices offered for
the corresponding date 12 months ago. The total sales so
far have realized £5,209,019, as against about
millions a
year ago.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
S e a ., compared with the last three years:
107
B a n k n a s r e c e iv e d £ >0 0 ,0 0 0 d u rin g th e w eek, a n d h a s sold £ 5 0 0 00
A rriv a l- : B o m b a y , £ 5 ,0 0 0 ; C hill, £ 2 ,0 0 ; C an e £ 1 0 1 000
t S i ''
£ 4 0 8 ,0 9 0 . S h ip m e n ts to B om bay, £37,50(1.
P >
, 0 ° ' T o ta l>
S ilv e r.—W ith a f u r th e r r e s u m p tio n o f b u y in g f o r S nanisli a e e m m t
m a r k e t a d v a n c e d to 27% ,d a t w hich iU 1a 9g S S l Z n ” y 'S ?
five d a y s. S e v e ra l tr a n s a c tio n s h a v e ta k e n p la c e u p to 277,
Th e
V ine is n o w r a t h e r e a s ie r. T h e In d ia n r a te Is R ,. 70% p e r 1 0 0
A rriv a ls : N e w Y o rk , £1(18,000; C hili, £ 3 3 ,0 0 0 . T o t a f £ 1 4 1
000. S h ip m e n ts to B o m b a y . £ 1 5 ,9 0 0 .
»i,
o K f 4 , D o lla rs .—A fe w d e a lin g s h a v e ta k e n p la c e a t b o th 26% d.
a n d 2 6 i , 6d., th e fo r m e r b e in g th e la 3 t ra te .
^
rhe following shows the imports of cereal produce into
the United Kingdom during the first forty-three weeks of
the season compared with previous seasons :
IM P O R T S.
1 8 97-8.
189 6 -7 .
im p o rts o fw h e a t.o w t.5 2 ,4 3 8 ,9 1 0 5 6 ,8 2 2 ,3 5 0
B arley.................................1 7 ,8 3 3 ,9 9 4 18 ,8 1 5 .5 9 0
J a t s ..................................... 1 2 .1 1 0 ,7 9 0 14 ,2 0 8 ,3 8 0
P eas.................................... 2 ,0 4 9 ,8 5 5
2 .8 2 1 ,0 4 5
B e a n s ................................ 2 .1 6 4 ,7 7 0
2 ,3 7 7 ,8 5 0
In d ia n o o r n ............ ...4 4 ,0 7 2 ,3 0 0 4 9 ,4 9 1 ,9 4 0
F lo u r................................... 1 7 ,1 5 3 ,7 7 0 1 7 ,1 5 6 ,1 6 0
1895-6.
5 6 1 1 3 510
19 ,3 9 6 ,6 3 0
1 1 ,5 2 8 .0 3 0
2.164,9-10
2 ,8 0 5 ,4 2 2
3 6 .2 6 0 170
1 6 ,7 7 7 ,8 7 0
1894-6
5 9 ,8 8 6 ,2 9 6
2 1 .6 8 5 .1 1 4
1 2 ,4 9 0 .0 7 7
1 .0 5 8 ,9 2 9
3 ,7 0 6 ,1 5 2
2 1 ,3 1 1 ,9 0 4
1 6 ,2 5 6 ,4 7 0
Supplies available for consumption (exclusive of stocks on
leptember 1):
„
1897-8.
1896-7.
1895-6
W heat I m p o rte d , o w t.5 2 .4 1 9 .9 10 5 3 .8 2 2 ,3 5 0 5 6 .113 5 10
Im p o rts o f flo u r..........1.7,153,770 17 ,1 5 6 .1 6 0 1 6 ,7 7 7 ,8 7 0
Sales o f h o m e -g ro w n . 12 ,5 7 5 ,7 3 6 2 2 ,0 5 8 ,7 3 0 1 3 ,397,099
1894-5.
5 9 .9 8 6 ,2 9 6
1 6 ,2 5 3 ,4 7 0
18,688.268
T o t a l ......................... 8 2 ,1 6 3 ,4 1 6
1897-8
k v e r. p rlo e w a e a t,w o a b .4 0 i. 81.
A verage p rlo e , s e a s i n . .3 6 s. 4 1
The following shows t h s
94 ,8 3 1 ,0 3 4
1894-5.
2 6 s 54
20s'. 8d!
9 6 ,0 3 7 ,2 4 0
1896-7.
27s. 0,1.
2 8 s. 91 ,
8 6 ,2 8 8 ,4 7 8
1895-6
24s. 1 0 1
25s. I d .
quantities of wheat, flour and
naize afloat to the United Kingdom:
W heat.................. q r s .
flo o r , e q u a l t o q r s .
U nite ...............o ra .
E iip U h
T h is w eek.
2 ,5 8 0 .0 0 0
3 5 5 ,0 0 0
7 8 0 ,0 0 0
L e n t w eek,
2 ,6 0 0 ,0 0 0
2 8 5 ,OOl
8 4 5 .0 0 b
1897.
7 9 5 .0 0 0
1 85,000
4 2 0 ,0 0 0
1896.
1 ,8 1 1 ,0 0 0
2 4 4 .0 0 0
5 3 5 .0 0 0
t f l u a a c l a l l l a r K e t s — P e r C a b le .
The daily closing quotations for securities, etc., at London
are reported by cable as follows for,the week ending J uly 15 :
L ondon
S at.
M an.
Tue*.
Wed.
T k u r t.
Fri.
S tiv er, p e r o o n r e .... d. 27%
27*
27*
27%
27%
Console., n e w , 2 % p .o ts. 1 U 910 i n 0 , 6 l l l l ' l , 1 1 1 1 * 1 1 1 ”, 6 1117u
F o r a c c o u n t ................. 111%
m %
111%
m i ' , . 111% u i 4
Fr’o h r e n te s ( in P a r l9 ) f r . 103 20 103 25 103*15 03*17*
103*10
143 q
13%
i t c h . T o p . & S a n ta F e . 1334
14*
I 334
14
Do
do
p re f. 34%
35*
3638
35%
35*
36%
C a n a d ia n P a o lflo ............ 8 6 *
85%
80
86*
85%
86*
C h esa p ea k e & O hio ........ 233*
23%
23%
23%
23*
24
1033a 103% 102% 102
Chic., Mil. & S t. P a u l... 103
102
53
D snv, & Rio G r . , p r e l . . 5 2 *
52*
5034
51
1897.
18P8
1806
u rie , c o m m o n ................. 13%
13%
L4
1334
13*
13%
June 29.
J u n e 30.
Julu 3,
37
37
363s
p r e f e r r e d ................ 37
35*
36
&
£
£
£
n
o
1
1
3
*
114
113
1 12 *
112*
C irculation.................................... 28.203 880
27.90^,745 26.309 820 Illin o is C e n t r a l.......... . 195
195
195
195
195
Public deposits ........................... 1 0 0-<0.89l 1 1 .573.821 10,775.968
9.708.498
55%
55%
O ther deposits ........................... 4V4O4.06O 4 5 .1 4 8 ,l**fl 57,727.701 87.881,248 L ouisville & N a s h v ille . 55%
55%
54*
54%
65*
65*
G overnm ent secu rities.............. 13.497,403 13.948,358 15.220.891 14,481.477 tfe x to a n C e n tra l, 4 s .. 65%
6'i%
65*
65%
o th e r securities ......................... 32 742,WQ 35,873,533 33,081.105 22 512.705 d o K a n . <fe T e x ., oom .. 11%
11%
1130
11%
11%
1
1*
27.071,277
25,195.2 3 37.322.511 28 424.018 V. Y . O e n t’l & H u d so n 1 2 2 *
R eserve of notes and coin.. ..
123*
123%
122*
120%
122
Colu %bullion, o o th ‘ieaartrm’ts 88.531. 0 7 38,890.5 J3 43,48 i,256 37,9r3,838 SI.
15*
15*
15 H
Y . O n ta rio & W e st’n 1 5 *
15*
15*
48 11-10
Proo. reserve to liabilities p.ot.
69*
44*
5i 7-l8
53%
53%
N orfolk & W est’n , p re f. 5 3 %
53*
51%
52%
Bank r a t e ................ .p e rc e n t.
2
2
2
N orth ern P a c ific ,c o m ,. 30%
30%
30*
Consols. 2-X per cen t .. ............
29%
30*
112 15-18
113 11-10
30*
107 3-16
Silver ..
............................... 27 5 100.
7-23Q
72%
27 9-J6d.
31*d.
3 *d.
72%
P r e f e r r e d ....................... 72%
71%
72%
Clearing H ouse re tu rn s ............ 159,861.000 185,9 2,OoO 2l3,38o,000 171,714,000 P s n n s y l v a n ia .................. 6038
60*
603s
60*
00%
60*
93s
93a
9*
9
Phila. & R e a d ., p e r sh.
9
9%
The rates for money have been as follows :
22
22
22
21*
Phil. & R ea d ., 1 s t p re f. 22
213s
11*
1
1
%
Phil.
<
fc
R
e
a
d
.,
2
d
p
re
f.
11
I
Interest
allowd
1
1
%
11
n
%
Open Market Rate*.
f-r d n f t h
Sonth’n R a ilw a y , c o m .
8%
8%
s%
8%
8%
8%
32
32*
31%
31*
P r e f e r r e d ....................... 31%
32%
London.
Bank B Us.
Trade Bills
Joint IH* H 24 38
25
25*
25
25*
O nion P ao lflo ................... 24%
Stock At / i*
62*
61
6',%
61%
Do
n e w p r e f .. 6 2 *
0 1%
*4 | 8 Al mtlu. 4 Months 0 Months. 3 M'im. 4 Mas. Banks rail Davi W abash, p r e f e r r e d . . . 19%
19*
19%
19%
19%
19%
Jane a 3 1 191 *13-14
D4 IK IK
2H
2K
L
“ 10 3 |
7-10 1 7-10® l *
IK
1H W
ik
( f t a t t t t t t e r c i a l a u a I 1 & t s c e U a i i e a u s |£ e t t r s
" 17 s
2
1*
1H
IK 1
IK
■m * l«® 2
“ 24 3
1 5-16
1*
1*
14
IK l
IK
C o i n a g e b y U n i t e d S t a t e s M i n t s . —The following state
1
i Hi 11-111(31
1***4
l
1W ment, kindly furnished us by the Director of the Mint, shows
J a ly
i
*
m
Tue Biakrateof discount and op-m market races at tne the coinage at the mints of the United States during the month
•f June and in the six months of 1898.
chief Cjutinental cities have been as follows:
Rates of
Interest at
Paris .. ..........
Berlin .............
H am burg .......
F ran k fo rt
A m sterdam .
B russels .......
V ienna ..
St, Petersburg.
Madrid
C openhagen...
Ju ly I.
Ju n e 24
J une 10.
June 17.
Open
Market
Bank
Rate
2
4
4
4
8
8
4
»K
5
‘K
IK
8K
3*
8%
2K
2K
4
6
6
4*
2
4
4
4
8
8
4
6K
6
*K
Open Bank
Market Rate.
IK
8%
«M
SH
2H
8K
4
6
6
<K
2
4
4
4
8
3
4
8K
6
<K
Open
Market
Bank
R ate.
Open
Market
IK
3H
SH
m
8K
ZK
4
5%
6
IK
8
4
4
4
8
8
4
»K
6
IK
IK
SK
8K
SK
UK
2%
8K
6K
6
4K
The q u o ta tio n s for b u llion are rep orted as fo llo w s:
Gold.
L o n d o n S ta n d a r d .
B ar g o ld , f lu e . .. .o z
B ar g o ld , p a rtln g .o z .
U .8 . gold c o in . ..o z .
C ta rn rn g o ld o o ln .o z .
F re n c h gold ooln.oz.
J a p a n e s e y e n ___oz.
June.
S ix M onths 1898.
D e n o m in a tio n s.
Bank
Rate.
June
30.
June
23.
Sil v e r .
L o n d o n S ta n d a r d .
*. d. «. d.
7 7 10 7 7 10 1 B a r s liv e r , f in e ... oz.
7 7 1 0 * 77 1 0 * ' B a r s ilv e r , o o n ta ln ’g
7 6 5 76 5%
d o 5 g rs . g o ld .o z .
7 6 5 7 6 5 I d o 4 g rs . g o ld .o z .
7 6 5 7 6 5 j d o 3 g rs . g o ld .o z .
7 6 6% 7 6 5%| O ak e s i l v e r ...........oz.
M e x le a n d o lla rs .o z .
June
30
June
23.
d.
d.
2 7 5is 27%
27%
27*
27% ,
29 * «
20*
2711,e
2 7 ',0
27*
29*
26*
R iects.
tx e c e s .
D *able e a g le s .,
E *gl68............... .
< * lf e a g le s ___
T i r e e d o U a rs..
* l a r t e r e a g le s
D j l i a r s ...............
T o tal gold,
D o lla rs .................
l a l f d o lla r s ___
O uarcer d o lla rs ,
j l m e s ...................
2 0 7 ,7 7 0
3 5 ,306
4 7 8 ,9 3 7
$
4,15 5 .4 0 0
3 5 3 ,6 6 0
2,39 1 ,6 8 5
75
187
Value.
jg
1,380,243 2 ^ .6 0 4 ,9 6 0
316,234 3,462,340
9 31,459 4,657,295
’ “ *105
262
7 2 2 .1 4 8
6 ,0 0 3 ,9 3 2
2,058 ,0 4 6 3 5 ,724,857
8 1 6 .1 0 0
5 4 2 .1 0 0
7 1 6 .1 0 0
1 ,6 6 0 ,1 0 0
81 6 .1 0 0
27 1 ,0 5 0
1 7 9 ,0 j 5
166,010
6.178 400 6,178 400
1,5 6,400
78 3 .2 0
2 ,8 0 0 ,9 9 1
'J 00,248
4,31 0 ,4 0 0
431,040
1,43 2 .1 8 5
111,428
T o tal s ilv e r ............
3 ,7 3 4 ,4 0 0
H re c e n t n ic k e l__
ju e c e n t b ro n z e ...
2 ,2 2 8 .5 6 4
3 ,2 6 3 ,9 3 4
T otal m i n o r . . . . . . .
5 ,4 9 2 ,4 9 3
144,068
T >*ra1 c o i n a g e ___
9 ,9 4 9 ,0 1 6
8,4 80,185
32,640
1 4 ,856,192
8,092,888
6,730.289
2 4 , a 74,659
836,514
244,747
31,204 948
581,261
4 9 ,719.186 14,3^9,006
C h a n g e s in L e g a l T e n d e r s a n d N a t io n a l B a n k n o t e s t o
J u l y 1.— T h e Comptroller of the Currency^ has furnished u s
the following, showing the amouats of national bank notes
1, together with the amounts outstanding July 1, and
Messrs. Pixley & Abell write as follows under date of June
the increase or decrease during the montn ; also the changes
Jnne 30 :
in legal tenders held for the redemption of bank notes up to
G old - T h e d e m a n d fo r g o ld h a s a b s o r b e d til** w h o le o f t h e a r r iv a ls ,
a n l m o s t o f th e a m o u a ts to b a n d h a v e b e e n s h ip p e d to J a p a n . The July 1.
THE CHRONICLE
108
$ 2 2 7 ,0 1 2 ,8 4 5
A m o u n t o u ts ta n d in g J u n e 1 ,1 8 8 8 .
A m o u n t Issu e d d u r in g J u n e . ..............
A m o u n tre tire d d u rin g J u n e . . . . . . . .
8 1 ,0 9 1 .1 0 0
1 ,4 8 7 ,2 1 3
2 0 3 ,8 5 7
$ 2 2 7 ,8 1 6 ,7 0 2
A m o u n t o u ts ta n d in g J u l y 1 ,1 8 9 8 * ..
L e g a l T e n d e r H o lts —
A m o u n t o n d e p o s it to re d e e m n a tio n a l b a n k
n o te s J u n o 1 ,1 8 9 8 ........................
..................
A m o u n t d e p o s ite d d a r in g J u n o ............... —
A m t .r e is s u e d a n d b a n k n o te s r e tir e d In J u n e
$ 3 1 ,4 5 6 ,9 1 0
$ 0 1 7 ,2 0 0
1 ,3 3 5 ,5 0 0 ;
•C ircu latio n nr N atio n al Child B anks, n o t Included In Above, 883,475,
According to the above the amount of legal tenders on de
posit July 1 with the Treasurer of the United States to re
deem national bunk notes was |30,738,610. The portion of
this deposit made (1) by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (8) by bank re
ducing or retiring their circulation, was as follows on the
first of each of the last five months.
D e p o sits b y— 1 la r c h 1.
A p r il 1.
J u l y 1.
J u n e 1.
J f a y 1.
U r c a d s tu lls F ig u r e s
S
$
$
$
$
I n r o lv 'n tb k s . 1 ,4 0 3 ,8 5 9 1 ,3 5 2 ,7 6 9 1 ,3 1 4 ,6 0 0 1 ,2 9 6 .6 7 3 1 ,2 5 2 ,8 3 8
U q n id ’g b k a, 6 ,0 3 0 ,7 9 2 5 ,9 7 4 ,8 7 4 5 ,9 8 3 ,0 3 1 6 ,0 1 0 ,1 0 1 0 ,2 2 2 ,5 7 6
R ed V g u n c L *
r o t o f 1 8 7 4 2 6 ,2 5 5 ,5 6 3 2 5 ,4 5 8 ,7 7 0 2 4 ,5 9 3 ,1 7 3 2 4 ,1 5 0 ,1 3 1 2 3 ,2 6 3 ,1 9 6
T o t a l . . . . . 3 3 ,6 9 0 ,2 1 4 3 2 ,7 8 6 ,4 1 9 3 1 ,8 9 1 ,4 0 4 3 1 ,4 5 0 ,9 1 0 3 0 ,7 3 8 ,6 1 0
* A c t o f J u n e 2 0 , 18 7 4 , a n d J u l y 12, 1 8 8 2 .
B o n d s H e l d b y N a t i o n a l B a n k s .— The
following interest
ing statement furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national
bank depositories on June 80 :__________________________
Receipts at.—
P u b lic D eposits
in B anks.
C h icag o ......
Milwaukee .
D u lu th ........
MinneapolisCleveland ...
St. Louis —
Peoria — ...
Kansas City.
Flour.
$ 3 ,6 6 5 ,0 0 0
18 ,3 4 1 ,1 5 1
1 4 7 ,7 2 8 ,6 * 0
2 8 ,2 0 6 ,1 5 0
2 2 ,2 6 0 ,5 0 0
$ 3 6 1 ,0 0 0
5 .0 8 0 .0 0 0
1 8 ,2 1 9 ,0 0 0
5 .7 3 2 .0 0 0
1 ,4 5 9 ,5 0 0
C u rre n c y 6 s , P a c . R R . ..
5 p e r c e n ts , 1 8 9 4 ..............
4 p e r o ta ., f u n d e d 1 9 0 7 ..
4 p e r c e n ts , 1 8 9 5 ..............
2 p e r ctfi., f u n d e d 1 8 9 1 ..
$ 3 0 ,8 5 1 ,5 0 0
T t o a i . . . ....................
to ta l M ela
> 4 ,0 2 6 .0 0 0
2 3 .4 3 1 .1 5 0
1 6 5 ,9 4 7 ,6 0 0
3 3 .9 3 8 .1 5 0
2 3 ,7 2 0 ,COO
Com.
TVhfat.
Oafs.
Barley.
774,053 2,757,790 1.93 Mflr
90,784
169,108
Tot.wk.J0S,
31,909
282.501
Same wk.’97.
190 632 1,537,731 2,0l3,10rt 2,900,265
103,740
202,414
230,209 3,920 719 2,032,834 8,050,432
Same wk.’90.
170,973
Since Aug. 1.
1897-9S.......... 11,106,214 21?,220,097 234,458,445 176,970.507 35.58P.C18 10.677,224
1800-07.......... 11,102,472 158,079,428 157.035,811 170,300,980 88,744,990 7,124,338
...... 10,512.652 190.«ft«.flft9 110.48S.S3O 140.774,376 39,1OS,0«1 4.053,003
The receipts of flour and grain a t the seaboard ports for the
week ended July 9, 1898, follow:
Flour,
D014I.
Receipts a t—
. ..
...
702
14,242
3,000
Corn,
bush.
490.025
#31,• 64
869.915
9,150
25U309
80,900
374,108
307,000
2,118
1,000
Wheat,
bush.
83, *50
186.248
283,851
1,758
116,983
1,300
22.760
507
Bank
C irc u la tio n .
P a g e 1 3 5 .—T h e
Wils.WQlbt BiuhJlOtba Biish.btSW* Bus/1.3215s BushASlbs Bu.50 lbs.
40.418
11,354 1,800,675 1,274,400
70.800
23.800
103 050
2.1 000
03,000
9l,G0i
9,000
0,000
108,749
67,720
135,948
20.077
731
2,406
78,440
1S9 090
49.80U
I 007
73,240
27,680
4.800
1,033
1,400
7,478
20.28
10,07b
3,160
1,303
107,817
21,454
112,720
193,330
190,040
178,800
1,500
11,606
3,650
150,200
112,250
2,15.*
4,580
85,000
94,000
42.000
U. 8 . B o n d s R e id J u n e 3 0 , 18 0 8 , to S e c u r e O u c r ip iu m o f B o n d i.
Ilr o u g b t F ro m
statements below are prepared by us from the figures col
lected by the New York Produce Exohange. The receipts a t
Western lake and river ports for the week ending July 9, and
since Aug. 1, for each of the last three years, have been as
follows:
7 1 8 ,3 0 0
A m o u n t o n d e p o s it to re d e e m n a tio n a l
_______________________________________________________
I $ 3 0 .7 3 8 ,6 1 0
b a n k n o te s J u l y 1 ,1 8 9 8
[Y o u LA VII
34,000
49,000
Oat*.
bush.
721,200
300,11*1
71,930
103 512
07,581
2/ 44
29.005
Barley.
bush.
1,950
Ry,
bush.
28.175
140
soo
2.302
430
9,666
31,007
728,200 2,372,909 1,310,472
2.890
... 2lrt.O0l
852,255 2,512,878 1,781,305
137,177
134,192
W eek 1897............
• Receipts de u o t Include grain passing th ro u a n New O rleans fo r fo re ig n
oorts on th ro u g h bills of lading.
Total receipts at ports from Jan. 1 to July 9 compare as
follows for four years:
Receipts o f F lo u r.........................b b li.
1898.
9.004,210
$ 2 2 0 ,2 0 1 ,4 0 0 $ 2 5 1 ,0 5 2 ,9 0 0
1897.
8.442,478
1890.
0,759,-33
1895.
8,070,074
22,201,7 07
99,442,4 73
38,027,809
0.549.S92
4,307.738
24,204,154
3S\sS0,‘-'07
32,039,012
-4,219,937
1.334,563
15,004,064
20,128.008
19,748,351
1,41ft, 199
175,083
.......... “
2,890,998
I m p o r t s a n d E x p o r t s f o r t h e W e e k , — The following are
the imports a t New York for the week ending for dry „oode R y e.......... ,..,
57,071,008
171.249,739
102,248,578
July 7 and for the week ending for general merchandise
T otal g ra in ,... '* 241,230.053July 8 also totals si u e the beginning of the first week
The exports from the several seaboard ports for "he week
in January.
ending July 9, 1898, are shown in the annexed statem ent:
FOREIGN IMPORTS AT NBW TO UK
T o r w eek.
1896.
1897.
1898.
D r y g o o d s ........
G e n u m e r ’d ls e
$ 1 ,2 2 9 ,9 7 5
5 ,2 1 0 ,8 9 9
T o t a l ..........
S in c e J a n . 1 .
D ry g o o d s ........
S e n ’l m e r’d ls e
$ 6 ,4 4 0 ,8 7 4
$ 4 9 ,9 5 6 ,6 0 4
1 7 9 ,9 7 2 ,7 6 4
8 4 ,4 2 9 ,3 0 7
8 ,3 7 2 ,9 7 4
18 9 5 .
$ 1 ,6 2 3 ,9 5 6
6 ,5 5 0 ,2 1 4
$ 2 ,9 4 4 ,7 4 4
9 ,9 6 8 ,3 6 7
1 2 ,8 0 3 ,2 8 1
$ 8 ,1 7 4 ,1 7 0
$ 1 2 ,9 1 3 ,1 1 1
§ 8 2 ,7 2 3 ,3 1 9
2 1 4 ,8 6 2 ,2 5 0
$ 6 1 ,7 7 0 ,1 0 2
1 8 7 ,9 0 2 ,0 7 8
* 7 6 ,6 1 0 ,0 0 4
1 9 4 ,5 5 3 ,7 6 7
T o ta l 2 7 w e e k s $ 2 2 9 ,9 2 9 ,3 6 8 $ 2 9 7 ,5 8 5 ,5 6 9 $ 2 4 9 ,6 7 2 ,1 8 0 $ 2 7 1 ,1 6 3 ,7 7 1
Corn
bush.
824,033
133,350
Flour,
bbls.
52,812
32,335
Oats,
bush.
281,437
218,717
240,000
325,714
37,648
2.118
107,000
Newn’r t News
M ontreal . .. .. 111,705 1,257,901
C harleston,,,, 49,000
24,108
22.277
1,012
i Vo,60 6
60,000
3,00 )
14,038
567
173, L38
150.739 845,892
300,047 1,857.179
Wheat,
Exports from - bush.
New York.......1.055.502
B oston............. 142,550
Philadelphia..
B altim ore.......
New O rleans..
4°,000
34,858
T otal w eek.. 1,433,735 2,427,770
Same tim e ’97.1,027,590 3,071,392
... .
P eis,
bush.
3,894
Bariev
bush.
............
4,500
' 30,602
*15,991
118,174
115,438
34,490
58,954
15,091
170,140
Rye.
bltsh.
57,187
.......... .
17,142
84,235
The destination of these exports for the week and since
The following is a statement of the exports (exclusive ol
ipecie) from the port of New York to foreign ports for the September 1, 1897, is as below.
.---------Flour.--------- , /—---- W heat.--------> r--------- Corn.--------- .
week ending July 11 and from January 1 to date:
EXPORTS PROM NEW TORE; POR THE WEEK.
F o r th e w e e k ..
P ie v . r e p o r te d
1898.
1897.
1896.
1895.
8 9 ,3 2 3 ,7 2 2
2 5 4 ,7 9 1 ,8 1 6
$ 6 ,6 7 3 ,1 9 5
2 0 5 ,0 2 3 ,1 8 0
$ 6 ,8 7 1 ,2 7 3
1 9 4 ,1 7 9 ,1 7 2
$ 6 ,5 4 0 ,6 3 4
1 7 0 ,7 3 8 ,5 6 1
T o t a l 2 7 w e ek s $ 2 8 4 ,1 1 5 ,5 3 8 $ 2 1 1 ,6 9 6 ,3 7 5 $ 2 0 1 ,0 5 0 ,4 4 5 $ 1 7 7 ,2 7 9 ,1 9 5
Exports fo r
Week Since Sept. Week Since Sept.
Week Since Sept,
week and since J u ly 9.
1,1897. J u ly 9. 1, 1897.
J u ly 9.
1, 1897.
Sept. 1 to —
bbls.
bbU.
bush.
bush.
bush.
bush.
United Kingdom 119,980 8,837.227
851,775 02,450,547 1,509,887 13,299,430
C ontinent...........
3,604
1.329,784
540,293 50.441,785
894.482 90,916,439
3. & C. A m erica.
4,941 811,074
........
808.897
3.507 . 151,203
W est Indies.......
14,122
909,787
. . . . . ..
1,375
11,204 1,431,015
Br.N. Am. Colo’s
1,210 220 581
.............
2,700
8,200
438,084
Other countries..
0.370
285.639
41.062
991,344
510 1,270,777
T o tal
............
150,789 12,420,095 1,433,735 114,756,648 2,427,770 177,5O7,C09
The following table shows th e exports and im ports of T otal 1890-7......... 306,047 10,518,257 1,027,590 53,039,252 8,071.392 153,726,U 3
The visible supply of grain, comprising the stocks in
«peele at the port of New York for the week ending July 9
and since January I, 1898, and for the corresponding periods granary at the principal points of aooumulation at lake and
seaboard
ports, July 9,1898, was as follows:
In 1897 and 1898.
EXPORTS AND IMPORTS OP SPECIE AT NBW TORE.
E xport*.
I m p o r ts .
Gold.
W eek.
G r e a t B r i t a i n ...........
S in c e J a n . I .
$200
8 ,0 0 0
W e r t I n d i e s ..............
4 ,5 0 5 ,3 4 0
B o uth A m e ric a ........
A ll o th e r c o u n tr ie s .
1 0 0 ,8 5 7
2 0 ,2 9 2
T o ta l 1 8 9 8 ..........
T o ta l 1 8 9 7 ..........
T o ta l 1 8 9 6 .........
W eek.
........
$ 4 ,6 3 4 ,6 8 9
$ 9 ,3 0 2 2 4 ,3 5 4 ,4 2 2
2 1 5 ,7 0 2 4 2 .3 4 4 ,4 7 3
E x p o r t,.
$ 4 ,5 0 8
800
4 ,8 7 5
1,448
S in c e J a n .l,
$ 3 3 ,0 1 5 ,7 5 4
1 2 ,7 4 6 ,7 6 4
1 9 ,7 9 3 ,2 8 9
2 ,5 3 7 ,1 1 2
5 8 ,6 5 4
2 6 6 .8 1 9
5 3 1 ,0 0 7
$ 1 1 ,6 3 1 $ 6 8 ,9 4 9 ,3 9 9
3 7 ,6 6 6
2 ,9 5 2 ,4 6 5
2 5 .4 4 5 1 8 ,6 1 9 ,6 9 6
Im p o r ts .
S ilp c r .
W eek.
S in c e J a n . 1.
W eek.
S is ic e J a n . 1.
G r e a t B r i t a i n ............
F r a n o e .........................
G e r m a n y ....................
W e s t I n d ie s ................
M e x lo o ........................
B o n th A m e ric a ........
A ll o th e r o o u n trie s
* 8 5 8 ,0 0 2 # 2 1 ,0 4 9 ,7 5 9
4 4 ,0 0 0
4 * 3 ,0 0 0
2 ,6 1 0
.......
3 1 0 ,2 1 7
1 4 ,1 5 9
........
1 7 8 ,7 6 8
3,6 2 2
$ 1 ,5 9 5
7,4 1 3
7,3 8 1
4
$ 1 2 ,0 9 2
2 3 ,7 3 2
2 ,0 7 0
2 3 5 ,5 1 8
6 5 0 ,8 7 0
3 9 2 ,0 9 0
2 7 ,2 7 6
T o ta l 1 8 9 8 ..........
T o ta l 1 8 9 7 ..........
T o t a l 1 8 9 6 ..........
$ 9 0 2 ,0 0 2 $ 2 2 ,6 5 2 ,1 3 5
8 7 2 .9 1 8 2 4 ,5 8 1 ,0 3 6
1 ,4 0 3 ,4 0 2 2 6 ,7 9 1 ,6 8 3
$ 1 0 ,3 9 3
4 9 ,4 3 1
3 5 ,0 0 1
$ 1 ,3 1 3 ,6 4 8
l,4 4 8 ,:-0 8
1 ,3 4 8 ,7 9 2
Wheat,
bush.
I n store at—
New Y ork................... 2,131.000
Do
afloat........
A lbany.........................
607,000
B u ffa lo ................... .
Do
afloat..........
Chicago...................... . 470.066
Do
afloat.........
M ilwaukee................... 132.066
Do
afloat..........
D uluth................. — . 2,023,666
Do
afloat........
40,666
Toledo
......
Do
afloat..........
D e tr o it.,..................... ‘ 18,066
Do
afloat.........
O sw ego.......................
20,000
St. Louis...................
Do
aflo a t..........
C incinnati........
Boston.............. .
32.000
22.000
T oronto........................
M ontreal...................... 109.000
13.000
P hiladelphia.............. ,
1.000
P e o r ia .......... .
—
12.000
In d ia n a p o lis ,...........
124.000
Kansas City — , — ..
Baltimore...... .. . .. . I 12,000
M inneapolis,........... . 5,708,000
On Mississippi R iver.
208.000
On L a k e s.....................
83,000
On canal and r iv e r ...
T otal July
Total July
Total Ju ly
Total July
Total Ju ly
9, 1898 12,510,000
2. 1898.14,7c0.000
10,1897.10.609.000
il, 1890.47 220.000
13.1895. U ,*58.000
Corn,
bush.
1,840,000
34,000
175,000
1,882,000
Oats
bush.
017,000
33.000
70,000
954,000
Rye.
bush.
40,000
B ar
bush.
21,000
212,000
180.666
8,209,006
574,000
155.606
13,000
0,666
4.000
10,666
37,000
2,540,666
50,000
10,66b
091,000
78.0C0
12,000
122.666
0.666
112,066
354,000
lr 5,000
1,000
4,000
i ?4,666
007.000
201,000
08.000
84,000
1,930,000
099,000
C.ddo
81,000
3,000
1,10ft.000
117.000
124,000
22,000
14,000
200,000
119,000
7,000
77,000
34,000
26,000
i , 825,000
1,084,000
717,000
9b 9,000
124,000
173,000
55,000
20,000
104,000
22,855.000
22 574.000
15,425.000
O.LOi.OOO
0,882,000
13,666
5,940,000
878.000
0,180,000
922,000
0,949,000 - 2,097,000
8.228.000
1,155.00'*
5,032 000
182.0 0
---------
1.066
17.010
874,000
330,000
801,000
708,000
61,00 0
THE CHRONICLE.
J c l y 16, 1698.]
109
New York City Clearing House Banks.—Statement of con
New York City, Boston and Philadelphia Banks.—Below
dition for the week ending July 9, based on averages of we furnish a summary of the weekly returns of the ClearingHouse Banks of New York City, Boston and Philadelphia.
daily results. W e o m it t w o c ip h e r s ( 0 0 ) i n a ll cases.
The New York figures do not include results for the nonC apital, j S u r p l’i L o a n t. | S p ecie. L e g a le . |Deposits, member banks.
B a sk s.
B tn k of N ew York. $2,000,0 $ 1 ,9 0 1 ,1
Manhattan Co........... 2 .0 5 0 .0 2 .1 5 9 .3
Merchants’ ............... 2,000,0 1 .0 6 5 .4
2,000,0 2 ,0 4 8 ,9
Mechanics’ .........
1 .5 0 0 .0 2 .5 9 0 .3
A m erica..............
2 5 0 .5
1,000,0
P h en lx .................
1,000,0 3 .9 5 7 .4
C ity ......................
122,1
7 5 0 .0
Tradesmen’s . . . .
3 0 0 .0 6 ,9 5 1 ,8
C hem ical.............
1 8 9 ,9
6 0 0 .0
M erchants’ E xch’ge
Gallatin...................... 1,000,0 1 .6 7 6 .6
1 2 8 .1
3 0 0 .0
Butchers’& Drov’rs’
1 8 1 .6
4 0 0 .0
M echanics’<ft Trad’s’
1 7 0 .0
200.0
G reen w ich ...............
4 9 5 .0
6 0 0 ,0
Leather Manutac’rs
1 0 0 .4
3 0 0 .0
Seventh. ...................
5 2 6 .8
State of N ew York.. 1.200.0
2 .4 05 7 .0
American Exchange 5 .0 0 0 .
3 .7 01 3 .7
Commerce.................. 5 .0 0 0 .
Broad w av................... 1.000. 0 1 .6 0 8 .0
1,000,0 1 .0 2 3 .2
M ercantile......... ..
4 8 4 .0
4 2 2 ,7
P acific........................
8 4 2 .7
R epublic.................... 1 .5 0 0 .0
9 7 7 .2
4 5 0 .0
Chatham....................
2 5 3 .9
2 0 0 .0
People’s ------- ------5 6 8 .9
7 0 0 .0
North America.........
H an over.................... 1,000,0 2 .2 5 2 .4
3 6 6 .8
6 0 0 .0
Irving ........................
3 8 3 ,7
6 0 0 ,0
Citizens’ .....................
2 6 9 .6
5 0 0 .0
N assau .....................
9 0 0 .0 1 .0 2 5 .4
Market A F u lto n ...
1 5 8 .7
Bhoe A Leather....... 1,000,0
Cora E xchange....... 1,000,0 1 .3 0 2 .8
0 7 9 .4
1,000,0
C ontinental....
4 0 5 .7
3 0 0 .0
Oriental .........
Importers’A Trad’rs 1 .5 0 0 .0 5 ,6 4 8 ,7
Park .............. ........... 2,000,0 3 .2 0 0 .4
1 5 4 .1
2 5 0 .0
E ast R iver...............
F ou rth................... .
3 .2 0 0 .0 2 .0 8 5 .2
6 0 0 .9
1,000,0
C entral.....................
7 1 0 .0
3 0 0 .0
S e c o n d . .. .. .. .. .. .. .
2 8 7 .7
7 5 0 .0
N in th .........................
5 0 0 .0 7 .5 1 0 .1
F ir s t..........................
0 2 ,7
3 0 0 .0
N . Y. N at’l E xch’ge.
620.9
Bowery.....................
2 5 0 .0
4 2 0 .0
200 .0
N ew York County
2 9 4 .3
7 5 0 .0
German A m erican..
Chase............... ........... 1,000,0 1 .0 8 5 .1
1 0 0 .0 1 ,1 6 0 ,0
Fifth Avenue..
5 8 1 .9
2 0 0 ,0
German E xchange..
7 3 7 .5
2 0 0 ,0
Germania...................
715.1
L in coln ......................
3 0 0 .0
8 3 8 .0
200.0
Garfield......................
3 2 1 .5
200,0
F ifth............................
" 4 5 ,5
3 0 0 .0
Bank of the Metrop.
8 4 7 .2
2 0 0 .0
W est Side.................
354.1
5 0 0 .0
Seaboard............... .
3 5 0 .7
2 0 0 .0
S ix th ............................
0 9 0 ,0
1,000,0
W estern................ .
9 7 3 .2
3 0 0 .0
First N at. B ’k ly n ...
8 0 2 .3
N at. Union B a n k ... 1.200.0
3 1 7 .9
L ib erty.......................
5 0 0 .0
8 2 8 .4
N . Y. Prcd. E xch’ge. 1,000,0,
2 7 9 .7
2 5 0 .0
Bk.of N . Amsterdam
$ 1 4 ,4 5 0 ,,0 $2,040,0
1 3 ,4 4 2 ,o: 8,173,0
1 4 ,8 1 8 .2; 3,237.5
9 ,4 5 1 ,,0, 3,671,0
21.U 27,,11 4,793,1
961,0
4 ,2 8 5 , .01
6 3 ,0 5 0 , ,2 38,211,6
070,2
3 ,0 2 4 , ,2
2 5 ,0 9 7 , ,0 5,376.2
4 ,7 9 2 , ,9 1,280.3
7 ,0 5 9 , ~ 1,225,2
1 ,0 0 3
337.9
319.0
1 ,8 8 0
87 2 ,
103.5
3 ,9 0 5 , ,2 1.232,9
4 5 5 .9
1 ,8 9 2
378.1
3 ,9 9 8
5.048.0
2 6 .7 5 4
2 0 ,5 2 1 , ,0 3,200,3
0 ,9 4 9 , ~ 1.900,0
1.751.0
1 0 ,0 7 4
1.001,9
2 ,2 2 8
1 7 ,8 5 0 ,8 4,007,3
5 ,9 3 8 , " 1,028.4
230.2
1 ,6 3 8 ,
1.900.0
1 0 ,7 6 5 ,
8.133.7
3 0 ,3 8 4 ,
618.9
3 ,4 0 0 ,
639.7
2 ,0 2 3 ,
2 .4 2 3
330.9
1.525.2
5 ,6 5 1
827.0
8 ,5 1 0
1.988.0
9 .8 1 0 ,
1.509.0
0 ,1 8 0 ,
248.0
1 ,7 0 4
5.019.0
2 2 .7 3 9
14.490,7
3 7 ,5 6 4
750.5
$ 1 ,1 8 0 ,0 $ 1 4 ,6 0 0 ,0
2 .7 2 0 .0 2 1 ,2 8 9 0
1 .0 0 7 .7 1 7 .5 1 0 .3
1 .0 7 9 .0 11,110,0
1 .7 2 8 .7 2 4 .7 1 0 .2
4 3 8 .0
4 .4 6 4 .0
2 .2 5 4 .0 9 8 ,5 0 2 ,9
3 0 1 .0
3 .0 3 6 .8
2 .0 5 2 .4 2 0 .2 1 7 .4
4 4 9 .4
5 .7 5 8 .5
1 1 3 0 .0
7 .3 4 9 .8
81 8
1 .2 0 0 .5
2 0 5 .0
2 .1 3 8 .0
1 9 4 .8
8 3 0 ,6
6 4 5 .0
4 .7 4 5 .8
2 .3 1 0 .6
110.0
3 .2 7 7 .3
3 0 3 .8
3 .8 2 0 .0 2 4 .3 9 5 .0
3 .7 3 0 .2 2 3 .3 4 8 .0
2 6 3 .2
7 .1 0 7 .0
1 ,0 5 s ,9 1 1 .0 1 6 .0
3 .2 8 0 .4
4 4 0 .2
7 0 8 .9 2 0 .0 9 0 .1
0 ,2 2 8 ,0
8 2 8 .4
2 .5 2 3 .9
6308
1.002.0 1 2 .3 8 9 .1
2 .3 1 3 .0 3 8 .9 0 5 .6
3 .7 5 3 .0
5 0 4 ,6
1 7 4 .1
2 .9 0 3 .7
3 .0 0 9 .0
4 2 7 .2
6 .2 6 2 .3
5 0 3 .8
4 ,0 0 0 ,2
3 4 0 .9
1 .2 4 0 .0 1 1 .5 0 2 .7
7 .0 4 5 .4
4 9 1 .2
4 6 2 .0
1 .9 1 7 .8
1 .2 3 7 .0 2 3 .7 1 4 .0
2 ,8 0 8 .9 5 0 .1 9 7 .3
1 .3 4 2 .6
1 0 0 .3
3 .9 0 3 .4 2 5 .9 7 9 .4
1,000,0 1 3 .9 7 3 .0
7 .1 2 3 .0
5 8 9 .0
3 .8 2 3 .0
2 4 9 .0
1 .0 4 9 .0 3 0 .3 5 0 .2
102.1
1 .2 1 5 .5
4 8 1 .3
3 .4 0 7 .0
3 .9 6 6 2
3 5 5 .ll
3 .0 3 3 .9
8 2 7 .0
4 .9 0 3 .3 3 5 .4 4 0 .3
9 .4 8 3 .0
8 1 1 ,1 !
8 .0 3 0 .4
7© 3,7
3 1 0 .0
4 .0 7 2 .7
7 .1 7 7 .8
2 5 5 ,7i
0 ,4 4 0 ,2
3 7 8 .8
2 .0 9 3 .0
1 0 8 .9
0 ,6 0 4 ,9
7W .3
2 .4 0 1 .0
3 3 5 ,0 ;
1 .0 3 6 .0 1 0 .9 3 9 .0
1 .0 0 5 .0
1 3 5 .0
2 .3 0 8 .4 3 1 .2 2 8 .1
6 ,2 5 1,0
1 .4 5 1 .4
3 8 1 .3 1 2 .3 8 2 .8
3 .7 0 7 .5
2 9 7 .2
3 .6 3 9 .1
2 2 2 .5
3 ,3 1 6 ,0
111,8
T o t a l ............................. 5 9 ,0 2 2 ,7 7 5 ,6 4 1 ,9 6 3 3 .6 7 5 ,3 1 8 0 4 9 8 7
6 2 ,3 6 3 ,6 7 6 8 ,0 6 8 ,0
1,200,
2 3 ,6 8 8 ,
1 0 .1 3 3 ,
5 ,392,
3 ,0 2 1
2 7 ,8 0 2
1 ,3 2 3
2 ,8 9 1
3 ,1 9 7
2 ,9 5 7
2 5 ,7 7 4
7 .8 4 3
2,1 3 4 ,
3 .2 5 0
0 ,5 9 2 .
6 ,4 8 8 ,
1 .7 2 2 .
4 .3 2 5 .
2,2 3 0 ,
8 ,5 4 2
1 .7 4 0
2 6 .0 2 2
6 .3 0 5
1 1 ,0 1 4
3,2 3 1
3 .9 0 9
2 ,9 7 7
299.7
3.200,6
3.141.0
1 .3 3 1 .0
1.180.7
8.932,6
232.2
482.7
710.3
588.3
7.480.8
2 .0 4 8 .0
109.5
540.5
1 .5 4 2 .2
1.137.2
007.8
2.042.0
302.0
2.181.0
3W2.0
6.079.2
805.8
2,7S*,0
097.3
7 4 7 .0
Reports of Non-Member Banks.—The following is the
statement of condition of the non-member banks for the
week ending July 9, based on averages of the daily results,
l
N e t!
L o a n s A.
L eo ' 1 .
I n v e s t- Specie. <k B 'k C lear'g O ther
D e
m e rits.
N o te s. A g e n t. Bks.<Scc posits.
b a n k s.
(00a o m it te d .)
C a p i
Surp lu s .
N e w Y o r k Cit y .
$
2 6 0 ,0
100,0
3 0 0 .0
$
3 0 9 ,5
5 4 ,8
1 8 0 ,0
1 1 7 ,4
5 0 ,9
9 ,3
2 8 ,1
7 5 ,7
150,1
8 4 ,9
1 8 8 ,2
8 8 .6
1 0 2 .7
2 4 ,6
1 0 7 ,2
9 0 ,7
7 8 ,1
149,1
4 6 ,0
2 8 7 .6
1 2 0 .1
2,1
$
2 .4 3 0 .4
7 1 4 .4
1 .7 1 8 ,0
1 ,1 5 0 ,0
7 2 0 .0
4 7 0 ,0
0 0 0 ,1
1 ,1 9 2 .2
2.05.0,3
4 4 6 ,0
1 .1 6 4 ,0
1 ,3 0 1 ,0
9 3 0 ,7
5 5 0 ,0
9 0 2 ,8
7 0 8 ,6
1 .3 0 4 ,0
1 ,1 0 6 ,9
0 7 9 ,7
1 ,7 2 8 ,0
9 8 1 ,0
1 ,3 1 7 ,7
$
1 9 7 ,0
10 ,3
1 3 7 ,0
0 0 .0
2 3 ,3
8 4 .0
3 2 ,0
00 ,1
2 8 3 .5
9 4 ,9
2 8 ,0
0 8 ,9
2 2 ,0
1 7 ,7
3 2 .7
9 ,5
7 1 ,0
2 7 ,3
2 5 ,0
1 2 9 ,4
1 2 7 ,0
2 4 3 ,1
9
3 9 .0
6 7 ,5
1 1 2 ,0
0 9 ,0
8 5 ,5
2 2 ,0
4 0 ,5
8 0 ,3
1 2 1 .3
4 0 ,0
7 3 ,0
8 0 ,0
8 7 ,0
1 0 2 ,0
6 6 ,0
3 0 ,4
3 6 ,0
9 0 .1
9 4 ,2
1 6 3 ,4
0 0 ,3
2 0 5 ,0
$
2 2 0 ,1
1 7 0 .8
1 7 9 ,0
4 9 7 ,6
1 8 7 ,0
1 2 5 ,0
1 9 ,6
8 5 ,2
1 7 2 ,8
8 2 ,9
1 3 5 ,0
0 7 .7
1 1 1 ,4
1 1 0 ,2
3 4 2 ,0
6 4 ,8
8 1 ,0
1 2 0 ,9
0 0 ,4
0 0 4 ,8
1 2 7 ,0
7 3 ,1
1 1 6 ,3
1 0 8 ,9
1 0 0 ,2
30,1
5 3 ,3
1 7 1 ,5
0 1 ,0
4 1 1 ,2
3 9 7 ,8
1 8 9 ,1
5 7 1 ,9
5 5 4 ,9
1 0 9 ,8
105,4
1 2 2 ,3
5 8 ,2
0 8 ,8
2 1 4 ,2
5 2 ,1
4 5 ,8
2 8 ,2
1 ,0 3 3 ,4
1 ,2 3 8 ,4
1 ,2 0 3 ,0
2 8 9 ,0
5 2 6 ,6
8 2 5 ,8
0 2 2 ,9
2 ,0 5 2 ,3
2 .2 9 4 .0
8 2 8 ,3
4 .1 1 7 ,0
2 ,2 3 8 ,0
7 0 4 ,0
0 0 0 ,1
1 ,0 4 8 .9
5 0 9 ,5
4 1 1 ,7
9 9 0 ,8
3 0 6 ,7
2 8 7 ,8
4 8 8 ,3
2 5 ,2
2 9 ,5
9 2 ,7
1 4 ,0
3 2 ,6
5 0 ,5
4 7 .4
2 4 9 ,2
9 4 ,6 j
5 0 ,7
3 4 1 ,0
2 1 0 ,0
1 1 ,6
4 8 .0
1 7 9 ,8
2 9 ,7
9 .0
1 0 0 ,8
10 ,4
3 ,1
1 4 ,1
7 1 ,4
1 2 6 ,1
4 5 ,9
2 2 ,5
2 9 ,0
3 7 ,4
8 3 ,5
5 0 0 ,3
1 0 5 ,9
5 2 ,7
3 1 4 ,0
3 9 7 ,0
0 7 ,4
3 6 ,7
2 0 5 ,2
10 ,4
3 6 ,7
1 3 ,0
2 4 ,0
1 0 ,0
4 0 ,3
1 3 5 ,2
2 4 7 ,0
3 8 4 ,0
4 8 ,5
4 9 ,2
1 9 1 ,4
1 0 0 ,3
5 1 5 ,1
18 3 ,2
2 0 0 ,9
11980
3 1 9 ,0
1 1 2 ,9
1 1 6 ,2
3 8 0 ,8
1 2 4 ,3
7 0 ,7
3 8 0 ,0
8 3 ,0
4 1 ,4
7 4 ,1
7 4 2 ,5
5 1 0 ,9
3 8 0 ,3
1 7 9 ,0
4 0 2 ,2
8 5 .0
4 3 ,3
0 7 ,4
3 ,8 8 6 ,5
1 ,9 4 8 ,7
1 ,4 8 2 ,0
0 3 7 ,4
1 ,6 7 0 ,6
6 7 0 .3
3 7 0 ,8
4 9 9 ,6
1 3 9 ,2
1 2 4 ,0
6 8 ,3
3 5 ,4
9 5 ,3
4 0 ,2
1 3 .0
2 0 ,8
2 0 0 .2
7 4 ,7
5 3 ,0
6 7 ,7
3 1 ,9
3 2 ,7
2 9 ,9
3 1 ,0
A stor Place............
C olonial................
Colum bia.................
E leventh Ward__
Fourteenth Street.
Franklin National.
G ansevoort............
Hamilton...............
H ide A Leath. Nat.
Hom e......................
Hudson R iver.......
M ount M orns.......
M utual.....................
N ineteenth Ward.
P la za ........................
R iverside.................
State.........................
T w elfth W ard.......
Twenty-third W’d.
Union Square.........
Y or k r llle ................
A ster N at’l B ank..
B rooklyn.
Bedford....................
Broadway................
B rooklyn.................
E ighth Ward.........
Fifth A venue.........
F u lto n .....................
Kings County.........
M anufact’rs' N at’l
M echanics...............
Mech’s’ A T rades’
Nassau N ation al..
National C ity.........
North Hide.........
People’s.............. .
Queens Co. (L.I.C.)
Sehermerhorn.......
Seventeenth Ward
Sprague National..
Twenty-sixth W ’d.
Union.......... ............
Wallabout...............
tol.
100.0
100,0
200,0
200,0
200,0
6 0 0 ,0
100,0
200,0
2 5 0 .0
200.0
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
3 0 0 .0
1 5 0 .0
100.0
3 0 0 .0
100.0
100,0
200,0
1 5 0 .0
2 5 2 .0
5 0 0 .0
100.0
3 0 0 .0
3 0 0 .0
100.0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
%
W e o m it tw o c ip h e r s f 0 0 ) in a lt c a ses.
9
1 5 5 ,0
2 0 2 ,0
2 7 ,1
1 8 ,1
1 3 0 ,0
1 ,8
9
1 2 4 ,0
1 4 9 ,4
2 0 ,4
8 0 ,0
—
8 5 ,0
5 2 .3
2 ,0
4 4 ,3
1,112,0
1 .5 6 3 .8
6 5 4 .4
7 7 2 .5
1 .1 8 8 .5
7 0 0 .1
1 .5 2 4 .0
1 .4 8 9 .3
7 8 8 .2
2 .4 7 5 .2
1 .1 7 7 .7
1 .3 7 1 .7
1 .1 6 1 .8
1 .4 7 8 .4
1 .5 3 6 .0
2 5 4 .0
5 0 6 .7
8 0 3 .7
02 7 .2
2.002.0
0 6 ,0
7 8 ,0
2 2 5 ,0
5 0 0 ,0
2 6 ,2
1 0 4 ,0
1 1 ,0
1.6
3 5 ,0
5 3 ,5
2 .3 3 0 .2
1 ,0 2 2 ,9
5 .2 0 7 .0
2 .9 2 4 .0
1 ,2 7 2 ,7
7 0 4 ,9
2 .3 3 4 .0
63 0 .1
8 5 9 .0
1 .0 7 5 .0
39 4 .3
2 4 9 .0
5 4 3 .8
N . Y .*
J u n e 1 8 ..
“ 2 5 ..
J u l y 2..
“
9..
B o h .*
J u n e 2 5..
J u l y 2..
“
9 ..
P h lla . *
J u n e 2 5 ..
J u l y 2..
“
9 ,.
C a p it a l A
S u r p lu s .
L o a n s.
S p ec ie.
L e o a ls.
$
1 3 4 .6 6 4 .6
1 3 4 .0 6 4 .0
1 3 4 .0 6 4 .0
1 3 4 .6 6 4 .6
$
6 1 0 ,3 3 0 ,5
0 1 2 .5 9 9 .1
6 2 0 .9 8 3 ,8
0 3 3 ,0 7 5 ,3
9
1829065
1841069
1860702
1804987
9
5 9 ,1 1 1 .4
6 2 ,4 8 6 ,3
6 3 .4 6 2 .0
6 2 .3 0 3 .0
6 8 .5 8 7 .3 1 7 8 .1 8 7 .0 1 5 .9 8 0 .0
0 8 .5 8 7 .3 1 8 0 .8 0 1 .0 1 5 .0 5 3 .0
6 8 .5 8 7 .3 1 8 0 .5 1 7 ,0 1 4 .0 7 8 .0
3 5 .3 8 8 .0 1 1 2 .2 5 9 .0
3 5 .3 8 8 .0 1 1 3 .4 4 3 .0
3 6 .3 8 8 .0 1 1 4 .0 0 3 .0
4 0 8 ,3
2 3 5 ,9
3 4 2 ,3
1 1 0 ,0
8 8 ,1
8 0 ,9
1 0 1 ,3
12 2 ,4
11143
3 0 8 ,0
....
3 7 ,2
1 2 1 ,0
9 1 ,7
7
....
5 ,0 0 8 ,5
2 .0 5 7 ,0
1 .3 4 0 .7
8 4 0 .8
1 .3 9 0 .8
73 6 ,3
4 7 7 .9
6 1 8 ,1
T o ta ls J u l y 9 . . . 9 , 0 / 2 # 8,472,7 5 9 ,0 4 0 ,3 4 , 0 0 2 , ? 4 . 48 b , 4 / 0 /7 3 4 3 ,9 ° ° ’ 6 6 8 ,0 2 1 #
T o ta ls J u l y 2 . . . 9 ,0 / 2 ,0 8,472,7 S9* °o j,1 7.&W.9 4 ,2 9 9 5 9 ,4 8 7 ,0 1 ,6 8 9 3 6 6 ,6 2 3 ,9
T o ta ls J u n e 2 6 . .. o # / 2 .o 8,472,7 f 8 .0 7 0 , S 7 . 7 8 3 ,2 4 . 2 8 2 .0 0 . 1 0 3 . 8) 4.41O.0 6 6 . 800.0
D ep o sits.* O ire’V n . O leartnee.
9
7 3 0 .9 7 0 .4
7 3 7 ,5 4 7 ,8
7 5 0 .0 7 4 .0
7 5 8 .0 6 8 .0
5 .0 8 0 .0 1 8 7 .7 8 7 .0
5 .4 0 5 .0 1 9 1 .4 6 3 .0
6 .2 5 0 .0 1 9 0 .1 7 7 .0
3 9 .9 4 4 .0
3 9 .9 0 0 .0
4 1 .1 2 2 .0
1 2 5 .9 3 3 .0
1 2 8 .5 2 0 .0
1 2 9 .9 1 5 .0
1 4 ,0 * 6 ,7
1 4 ,0 0 0 ,4
1 4 ,0 5 9 ,8
1 4 ,6 2 0 ,4
7 0 3 * 3 3 ,2
6 5 5 .2 8 9 .9
8 2 6 ,8 6 3 .6
6 1 7 .8 1 4 .9
0 ,3 0 5 ,0 9 2 ,5 3 5 ,0
0 ,3 0 9 .0 1 1 5 .0 0 3 ,8
6 ,3 1 4 ,0 9 0 ,2 2 0 ,4
5 .9 0 0 .0
5 .9 1 5 .0
5 .8 7 7 .0
6 6 .0 1 3 .0
8 4 .0 1 2 .0
5 0 .8 3 2 ,8
F o r e i g n T r a d e o f N e w Y o r k — M o n t h l y S t a t e m e n t .__ In
addition to the other tables given in this department, made
up from weekly returns, we give the following figures for
the full months, also issued by our New York Custom House.
The first statement covers the total imports and exports of
merchandise and the Customs receipts for the twelve months
of the last two seasons.
Me r c h a n d i s e M o v e m e n t a t N e w Y o r k . C u s t o m s R e c e i p t s
a t N ew York.
Im p o rts.
E x p o rts.
Mo n t h .
J u ly ...............
l u g u s t ........
S e p te m b e r..
O c t o b e r . .. .
N o v e m b e r..
D e c e m b e r ..
la n u a r y ....
F e b r u a r y . ..
M a rc h ...........
A p r i l...........
M ay..............
J u n e ..............
T o t a l...
1897-98.
1890-97.
t
33,460,976
20,541,439
28,434,443
31,024,412
34,112,880
34.421,230
34,033,013
30,015,776
41,239,200
37,175,334
33,405,500
31,824,944
$
33,254,119
32,294,914
32,049,399
33,139,440
32,458,174
38,205,417
34,415,110
39,974,044
40,878,300
59,939,248
48,951,475
49,074,812
1897 -9 8 .
1890-97.
$
31,142,808
31,345,828
37,437,370
34,492,010
32,340.749
39,536,061
30,918,858
31,057,340
40,359,039
38,238,131
45,358,853
47.215,880
1897-08.
*
$
30,830,037 12,290,674
28,030,172
5.202,728
80,495,100
5,300,542
0.799,090
35,480,789
0,929,147
32,020,560
35,741,707
7,879,352
33,407,694 10,464,000
30,318,791 10,002,730
34,532,480 10,578,089
9,104,201
31,412,368
34,959,80
8,232,760
9,384,838
33,792,998
1890-97.
f
8.259,048
8,450,700
7,621,220
7,103,420
0,640,188
7,285,290
7,705,400
8.359,780
17,579,033
17,711,803
9,092,970
14,728,789
402,299,820 480,294,024 445.443,180 301,088.029 102,860.061 190,003,168
The imports and exports of gold and silver for the twelve
months have been as follows :
G o ld M o v e m e n t a t N ew Yo r k .
Mo n t h .
I m p o r ts .
1897-98.
1890-97.
S
»
Ju ly ..............
230,918
359,947
3,560,080
A u g u s t ........
1,8-4,354
3 e p te m b e r .
383,456 30,735.333;
O c to b e r. ..
8.989,606 23,133.791
N o v e m b e r..
364,612
4,010,890
D e c e m b e r.
200,047
159,887
J a n u a r y ....
3,162.080
201,329
F e b r u a r y ..
280,102
939,920
M a r c h .......... 20,808,692
000,351
299,034
A p r il............. 28,889,253
307,050
M ay...............
9,101,8 6
J u n e ..............
99,391
339,820
T t a l ...
81.200.114
Sil v e r - n e w Y o r k .
E x p o r ts .
64,000,280
Im p o r ts .
E x p o r ts .
1897-98.
1897-98.
1897-98.
1890-97.
1
4,551,135
790,670
84,135
118,082
220,951
152,300
2,002,183
922,091
492,809
708,356
20,871
130,465
1
8,908,876
60,590
47,805
99,839
293,201
184,095
302,281
323,181
507,687
6,507,602
9,453,197
7,313,203
1,004,900
1,205,472
1,050,804
1,151,682
1,024,590
1,020,266
1,253,485
1,197,105
1,202,544
1,095,285
283,457
708,148
t
3,812,016
4,311,325
3,324,901
8,827,889
3,799,380
4,447,888
3,685,088
2,947,314
2,969,832
8,777,279
3,520,386
8,969,833
10,804.054
34.142,067
12,917,788
44.383,901
1
_ —The time for the deposit of Columbus Sandusky & Hock
ing securities with the Mercantile Trust Co. under the plan
of.reorganization will expire to-day, July 16.
Auction Sales.—Among other securities the following, no
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V. Harnett & Co:
Shares.
2 M em ber. N . Y. P ro d u o e
E x c h a n g e ................$12 5 -$ 1 3 0
9 0 F ir s t N a t’l B a n k of I s l’d
C ity , O re g o n ..................... $ 1 0 0
S h a res.
4 00 D e a d w o o d T e r r a M in in g
C o., $ 2 5 e a c h ........ 61o. p e r ah.
4 0 E a s t. D u tc h e s s A g ric u lt.
P a r k A88’n , $ 1 0 e a c h ... $9
By Messrs. Adrian H. Muller & Son :
B onds.
8 M e c h a n ic s & T r a d ’r s ’ B k .1 1 5
9 A m e ric a n A ir P o w e r C o.21-22
B o n d s.
,500 D e n v e r U n. W a t e r )
Jo. 1 s t 5s, 1 914.
[
30 D e n v e r U n io n W a te r j 8 6 1*
Jo. b o n d s c r i p .....................J
,000 N o rf. & W ash . S t’m-
S h a res.
331 G old & S to c k T e le g . C o.. 1121s
15 L. I. In s . Co. (93% p a id in
liq u id a tio n ) $ 33 3 3 e a .$ 1 0 lo t
10 A m p h io n A c a d e m y Co.,
B ro o k ly n ,$ 5 0 e a c h . . .$ 6 0 lo t
5 U n io n T r u s t C o ................ 1,1 0 0
10 F o u r th N a t. B a n k ...........173
50 B o w e ry B a n k ................2 90-291
25 C itiz e n s ’ In s . C o ............... I l l
la n M u fl a n d f in a n c ia l.
Spencer Trask & Co.,
BANKERS,
aT Sc a 9 F I N E S T R E E T ,
Ot h e r C i t i e s .
1 s t N a t ., J e r . C i t y .
H u d . C o. N a t . J . O . ,
2 d N a t ., J e r . C i t y . .!
8 d N a t ., J e r . C i t y . .
1 s t N a t ., H o b o k e n .
2 d N a t .. H o b o k e n .
B a n k o f S t a t e n I e l.
1 s t N a t . , S t a t e n I n i.
$
2 .0 9 6 .5
8 8 7 ,2
1 .9 5 2 .0
1 .0 5 5 .0
9 4 3 .7
4 8 5 .0
5 3 0 .7
1 .2 4 3 .8
1 .0 4 9 .1
5 0 0 .1
BANKS.
-
NEW
YOKE’
6 5 S ta te S tr e e t, A l b a n y .
I N V E S T M E N T S E C U R I T I E S ._________
GEOROR B a r c l a y M o f f a t .
M
o f f a t
A l e x a n d e r M . W h it e , J i
&
W
h i t e
,
BANKERS,
N o. 1 N A SSA U S T R E E T ,
NEW YO RK .
IN V E S T M E N T S E C U R IT IE S
•
no
THE CHRONICLE.
^Bankers’ (jjasctte.
D I V I D E N D S .
P er
C en t.
N am e o f C om pany.
R u tlro a d i
G rfcat Xm-tl e r a p re f. ( q u a r .) —
H u n . .v B d T . M t. H R . * o a l p f.
N o r th e r n P a c ific p re f. ( q n n r .) ...
SL P . M in n A M an. g u a r. (q u a r.)
S ir * e i R i t l h v a y * .
A lb a n y <N. Y.) R y . ( q u a r . ) . . . —
*•
(e x tra ) ..........
C o lo m b o * (O.) s t. R y .........
..
D a r tm o u th * W e s tp o rt S t. R y.,
N ow B e d fo rd . M aps (q u a r.) .
N . O. & C a r r o llto n H R . ( q u a r .) ..
S t. C h a r le s S t. H R ., N. O. (q u a r.)
F i r e ■m » i » r a n c e .
B ro a d wa> ...................... ...................
F a r r a g u t ............... ................................
H o m e — ...........................................
Rifles County...........................
P a e ltle .................................... ................
W i'lla m s b u r g h C ity ........ .................
B n a k *.
P e o p le ’s (B ro o k ly n ).........................
W hen
P a ya b le.
±Suvr>& clo sed .
( D ay* in c lu s iv e , j
[Y ol. l y t i i .
discount, selling 1)6 premium; New Orleans, bank, $1 0(1
pi iiiiiini. commercial, 25c. per $1,000 premium; Chicago,
10c. per $1,0- 0 premium: St. Louis, par.
United States Bonds.—Salesof Government bonds at the
Board are limited to $31,000 4s, coup., 1925, at 125 to 125?4 :
$6,000 4s. coup., 1907, at 1111.,, and $6,000 4s, reg., 1907, at
1 lO J s .
1*9 An*.
1
1
6
1
' A ug.
1 ' A ug,
1 J u l y 2 2 to A ug. 1
t J u l y 2 2 to J u l y 31
2*9
1
1*2
l l2
1*4
2**j
3**
5
6
f>
10
A ug.
IS e p t.
IA ug.
J u ly
2
J u ly u o
A uir. 11
J u l y 16
to
to
to
to
A ug. 1
J u ly SU
A u g . 21
A ug. 2
Thu following are the daily closing quotations : for yearly
range see seventh page following.
A ug.
1 J u l y 21
o n d e n i . ---------O n d e i u . -----------
2 s ............................reg.
4e, 1 9 0 7 ..............reg .
4s, 1 9 0 7 ............ c o u p .
t o -------------4
b. 1925 .......... re g .
to J u ly 2 0
to J u ly 19 4 8 , 1 9 2 5 ............c oup.
5s. 1 9 0 4 ..............re g .
to A u g . 1 5 b, 1 9 0 4 ............ooup.
t o ---------- I 6 b, o u r’o y ,’9 9 . .- r e g .
4s, (O h e r.U 8 9 9 .re g .
J u ly
t o ----------— |
J ul v
J u ly
J u ly
S --------- 2 0 J u ly 10
2 0 J u ly 11
14 — ------
On d e i u . ------------
In te r e s t
P e rio d s.
J u ly
9.
J u ly
11
J u ly
12.
J u ly
13.
J u ly | J u ly
14.
15.
Q. -M oh.
Q, - J a n .
Q .- J a n .
14, - F e b .
Q .- F e b .
Q .- F e h .
Q.~ F e b .
J . <fe J .
M a rc h .
* 95
ll O l s
1 1 1 1*
•1241ft
125H
*112514
'11278
*101*2
*101
* 95
*110*4
*1104*
*124 is
*124 is
*112*3
*112*3
*101 is
'1 0 1
* 95
'110*4
’ 110%
*124*3
•124 ia
*112is
ii2 ia
*101*2
•101
* 95
*110
*110*0
*124:4
*1241,
•1 1 2 ia
U 1 2 IS
*101*9
*101
* 95 1* 95
*110
*110
*110*4 U 1 0
*124 r :x 123
*124
124
* 1 1 2 * .irx lll
• 112 1.1 :1 1 2 1 4
•101*2 *101*9
*101 r i o i
■T ills Is t h e erloft bid a t th e m o rn in g b o a r d ; no *«le w as m ade.
State ifc Railroad Bonds.—Sales of State bonds at the
are limited to 86,000 Tennessee settlement 3s at 91
1 Board
The market lor railway bonds has been relatively active
E d iso n E le c tric 111., B o s to n ..........
2
A ug.
1 J u ly 1 6 t o A u g . l j and strong. Business in this department, is usually at the
O m a h a W a te r , 1 s t p r e f ..................
2R»
J u ly 2 0 J u ly 16 to J u ly 19
miniinnm during Ju y and August, but tins week transac
Qtllncy Mining......................... $ 3 5 0 A u g . 15 J u ly 23 to J u ly 31 , tions at the Exchange have ranged from a little less than
SaratogaOasElee. Lt. & Pow. pf. 2*0 Aug.__1 July 21 to A ug. 3
$3,000,000 to nearly $6 00 0 . 0 , par value, per day. Of these
WALL STREET, FRIDAY, JULY 15. 1S9S.-5
>!. amounts only a small proportion was of bonds which sell at
The Money M arket and F inancial S itu a tio n .-T h e domi-1 par or above, the larger part including issues which are
nant iniinence this week in Wall Street was the prevailing likely to benefit by the increased traffic reported during
sentiment in regard to probable results of military operations : recent months or by proposed reorganization plans. Con
in Cuba in the near future. The stock market was strong or , spicuous among these are Atchison adjustment 4s, Kansas
weak, as this sentiment was one of hopefulness that success ■City Pittsburg & Gulf, Missouri Kansas & Texas 2ds, P itts
would be speedy or of discouragement because of delays burg & Western lets. San Antonio & Aransas Pais, Texas
and exaggerated’ reports of sickness among our troops; this & Pacific 2ds, Union Pacific Denver <&Gulf and Wisconsin
was the situation until Thursday, when the announcement Central bonds, which advanced from 2 to over (i points.
was made that Santiago had surrendered on terras made by Several other issues show gains of between 1 and 2 points on
American authorities, which gave a substantial upward ; more limited transactions.
movement to prices.
Stock ami Bond Sales.—The following shows the volume
A prominent feature noted at the Stock Exchange , of business in stocks aud boads on the New York Stock
was an unusually active market for railway bonds and Exchange for the past week and since January 1.
a phenomenal advance in some issues. Brokers also re
S a le s
^ W e e k e n d in g J u l y V ,— . -------- J a n . 1 to J u l y 15---- — ,
port a better demand at the counter. JNo doubt a part N . T. S to c k E x c k .
1898.
1897.
18 9 8 .
18 9 7 .
overnm ent Bonds
*13,000
*40,200
*4,100,000
*7,401.1,460
of this demand is speculative in character, but it is equally G
bonds............
o.ooo
ec.ooo
80S,ooo
1,0u?,ooo
true that a large amount of money is now seeking investment. State
H it.& raise,bonds.
24,627,100 10,260,500
424,055,510
222,030,900
The new war loan has been many times over-subscribed and
T otal................. *24.576,100 *10,371,700
*4 29,054,110
*231,440,440
will absorb only a small part of the funds th at have been Stocks—No.
shares
1,441,870
1,252,038
06,188,292
27,063,623
held in anticipation of it. Moreover investors are evidently
P a r v a lu e ....*138,245,950 *115,020,750 *5,321,440,025 *2,588,042,300
13,925
*30,000
*118,150
*180,510
expecting an era of general prosperity to follow the close of Bank shares, par val.
We add the following record of the transactions for each
the war, during which well selected railway securities are
day of the week.
likely to be profitable holdings.
W eek e n d in g .---------- S tocks-----------, R a ilr o a d , <&c. S ta te
77, c.
The open market rates for call loans on the Stock Exchange
8 9 8 . Shaven.
P a r v a lu e .
B o n d s.
B onds.
R ond*
during the week on stock and bond collaterals have ranged SJautul yr d1a5y,1.,...,....
138,674 #12.463,800
fl.81H.G00
.........
#43,000
from 1 to 1% per cent. To-day’s rates oncall were 1% to
M onday................. 280,127
28.010,100
5,855,000
....... .........................
250.182
24.691,2(0
5,807,600
.................................
per cent. Prime commercial paper is quoted at Z% to 4 percent' Tuesday.................
810.931
30,119,100
5,008,000
.................................
The Bank of England weekly statement on Thursday TWhednesday...........
u r s d a y ......,,., 228,980
21,088,650
8,931,000
6,000
.................................
showed a decrease in bullion of £756,485, and the percentage Friday.................... 219,976 21,273,6u0 2,607,000
of reserve to liabilities was 46-12, against 49-39 last week: the
T o ta l........,..,1,44L,87Q #138.245,950 #24.527,100
6,000
#43.000
discount rate remains unchanged at 2% per cent. The Bank
The sales in Boston and Philadelphia for the week ending
of France shows a decrease of 3.675,000 francs in gold and July
15, 1893, have been as follows :
1.650.000 francs in silver.
— B o sto n .—
P h ila d e ip h i la.--------- ,
The New York City Clearing-House banks in their state
L is led
U n lis te d
Bond
L is te d
U n liste d
Bond
ment of July 9 showed a decrease in the reserve held of $(!.sh a re s.
sales.
sh a res,
sh a res.
sales.
sh a re s.
8,368
Saturday
.,
.
8,077
3,428
841,326
5.011
860.400
669.000 and a surplus over the required reserve of $53,345,300, Monday .., .27,115
207,750
4,922
2.296
7,067
88.650
against $62,013,550 the previous week.
9,167
0.051
8,572
845,675
T u e sd ay ...,.21,386
103.255
18 9 8 .
J u ly 9.
3
O n d e n t . ----------- t o -----------|
A ug.
D iffe r tn ’s fr 'm
; Freth week.
1 J u ly
23 to A u g .
18 9 7 .
J u l y 10
1896.
J u l y 11
J ^ a n s A JiB c’ntB.
C ir c u la tio n ...........
N et d e p o s its -. . . .
S p e c ie ..........- ___
L e g a l t e n d e r s ___
R e s e rv e h e l d . . . . .
L e g a l r e s e r v e ___
$
j
$
5 9 ,0 2 2 ,7 0 0
..................
7 5 ,6 4 1 ,9 0 0 !
..................
6 3 3 .6 7 5 .3 0 0 I n c . 1 2 6 9 1 5 0 0
1 4 ,6 2 0 ,4 0 0 D e o .
3 9 ,4 0 0
7 5 8 .0 6 8 .0 0 0 I n c . 7 ,9 9 3 ,4 0 0
1 8 0 ,4 9 8 ,7 0 0 D e c.5 ,5 7 1 ,5 00
6 2 .3 6 3 ,6 0 0 D e o .l.0 9 8 ,4 0 0
2 4 2 .8 6 2 .3 0 0 Dec.6.6G9,fiOO
1 8 9 .5 1 7 .0 0 0 I n c . 1 ,9 9 8 ,3 5 0
$
5 9 ,0 2 2 ,7 0 0
7 4 .8 3 0 .9 0 0
5 3 3 ,7 6 6 ,6 0 0
1 3 .7 8 2 .9 0 0
6 0 7 ,6 8 2 .5 0 0
9 0 ,5 0 5 .2 0 0
1 0 2 .7 7 6 ,8 0 0
1 9 3 ,2 8 2 ,0 0 0
1 5 1 ,9 -0 ,6 2 5
$
6 0 ,6 2 2 ,7 0 '’'
7 4 .0 7 5 ,7 0 0
4 7 7 ,1 5 2 ,9 0 0
1 4 .595.800
5 0 3 ,4 8 3 ,1 0 0
6 1 .9 5 0 .8 0 0
8 6 ,1 5 8 .5 0 0
1 4 8 ,1 0 9 ,3 0 0
1 2 5 ,8 7 2 .0 2 5
B nrnlii* r e s e r v e
5 3 .^ 4 5 .3 0 0 'D ec 8 ,6 6 8 ,2 5 0
4 1 ,3 6 1 ,3 7 3
2 2 .2 3 7 ,2 7 5
C a p ita l..................
Foreign Exchange.—The market for foreign exchange was
quiet but firm during the early part of the week, and rates
advanced. The tone was easier on Thursday and to-day.
To day’s actual rates of exchange were as follows : Bank
ers’sixty days’sterling, 4 84J£@4 8454; demand, 4 85?J@4 86;
cables, 4 86@4 86,'4 < prime commercial, sixty days, 4 84
@4 8414"; documentary commercial, sixty days, 483%"@4 84;
grain for payment, 4 83%@4 8414"; cotton for payment, 4 88>£
@4 83;i4 ; cotton for acceptance, 4 84@4 84J£.
Posted rates of leading bankers follow:
J u l y 15.
P r im e h a n k ers* s te r lin g b ills on L o n d o n .
S ix ty d a y s.
4 85 # 4 8 5 h
D em and,
4 86V «>4 87
D o c u m e n ta r y c o m m e rc ia l.............................|4 83V#>4 833j
P a r is Irnnke^ft* ( f r a n c s ) . . . - ...........................| 5 205fi® 19i&|tl 5 1 8 H 10a i 8 4 i
A m s te r d a m (g u ild e rs) h a n k e r s ...................
40*e<r4(Kh,»
4O510
F r a n k f o r t o r B re m e n (reJehinarfea) b 'k e r s 94 '3 lfi'# 9 4 7«
H.“>6,r®9538
The following were the rates of domestic exchange on
New York a t the under-mentioned cities to-day: Savannah,
buying 14 discount, selling p a r : Charleston buying 1-16
W eduesd’y-.20,772
Thursday.. .16,4 00
F riday. . . . .
9,753
4,022
3,300
193,875
07,650
00,000
5,305
10,808
10,780
8,444
1 0,864
5,243
184,620
152.640
2O0.4UO
T o ta l.. . . 106.650
82,860
046,275
43,727
44,428
804,065
Railroad and Miscellaneous Stocks.—The stock market
has been largely under control of the professional element
during the week. The volume of business was limited to an
average of about 260,000 shares per day, in which the specu
lative issues were conspicuous. The opening was strong on
Monday and prices advanced on expectation that peace nego
tiations would soon be announced. Tuesday’s market was
somewhat hesitating in character, and on Wednesday weak
ness was the prominent feature. Thursday there was more
or less irregularity until the news came th at Santiago had
surrendered, which caused a complete change in tone, and
prices advanced. To-day’s market was disappointing to
those who looked for a strong upward movement to follow
the favorable war news.
Illinois Central was conspicuous for an advance to 111}£,
the highest quotation recorded since 1890, on rumors of an
increased or extra dividend. Unusual activity is noted in
Atchison preferred shares, in sympathy with the adjustment
bonds as noted above. The grangers were strong features,
St. Paul agaiu selling above par, N o rthw est, going to within
a fraction of the highest price this year and St. Paul &
Omaha exceeding its high record for 1898 by nearly 5 points.
Shares of the anthracite carriers were weak on the unsatis
factory condition of the coal trade. Central of New Jersey,
Delaware & Hudson and Reading declined an average of
about 2 points.
The miscellaneous list was irregular, as is frequently the
case, but net changes are generally unimportant. West
Chicago Street fluctuated over a range of 8K points, Con
solidated Gas a range of 4 Vj points aud American Tobacco a
range of
points-
./ uly 16, 1898.)
.HE CHRONICLE.—stock prices (2 pages) pa&e i .
I ll
New York Stock Exchange—A Daily, Weekly and Yearly Record.
S T O C K S — H IG H E S T AWD L O W E S T S 1 L E P R IC E S .
S a tu r d a y ,
J u l y 9.
M onday, T uesday,
J u l y 11. | J u ly 12.
W ed n esd a y T h u r s d a y ,
J u l y 13.
J u l y 14.
F r id a y ,
J u ly 15.
STOCKS.
N. Y . STO CK E X C H .
Sales R a n g e f o r y e a r 1898.
o f the On b asis o f ico-shfre lotsWeek.
Shares
L ow est.
H ighest.
llangc f o r previ
ous y e a r f l 897;.
Low est. 'H ighest.
R a i lr o a d S lo c k s .
180 ___ *180 ......... A lbany & Susquehanna..
*<>180 .........*180 ...........*180 .......... 1*180 ...
§183 Jan 4 186 Feb 3 70 Feb 177%Ap
*11
12 i i a n A rbor.........................
*11
12
-11
12 *11
12 I *11
12
i *11
1
11 A pr 21 15 Feb 8
9 Jan. 15% Aug
*35% 37
35% 37
Do
pref.
*35* 37 I *35* 37
*35% 37
*35% 3
34 J a n 4 40%Feb 7 22%Apr 40 Aug
13% 13%l 13% 14
13% 14%| 13% 13% 13% 13% 13% 13% A tch. Topeka & Santa Fe 13,052 10%Apr 21 14%J’ne 6
9%Apr 17 Sep.
35 % _ Do
33% 34 ! 34
35% 35% 35%
34% 35% 34% 35% 34
pref 171,912 22%Mar 12 35%J’ly 12 17 Apr 3 5%Sep.
14% 13
14% T>altim ore & Ohio
114% 15
14% 15
15
15%, 14% 14% 14
5,793 12%Jan 25 21%J’ne 17
9 J ’ly 21%Sep.
6
6% *6% 7 i-D a lt. & O. Southw., pref.
800
*6
7
0% *%
6%
6%l *6% 7%
5%Jan 19
7%Feb 3
2 J ’ne
9%Sep.
104 108 *104 108 iBost. A N. Y. Air L.. pref.
•104 108 *104 109 *104 108 *104 108
1105 Mar 9 §105 Mar 9 02 Mar 106 Oct.
55% Brooklyn Rapid T ra n s it... 54,998 35 Mar 12 57 J ’ly 5 !8%Jan. S7%Deo
55% 55% 55
55% 55% 50
54% 55% 54% 55% 54
29% *2729 Buffalo Roch. & Pittsburg.
•20
30 *28
30
*28 29% *28
29% *27
25 Mar 12 30%Jan 6 16% May 31 Deo
*06
67
*00
67
Do
pref.
100 62 May 6 07%Jan 3
54%J’ly 66%Dec
00% 60% *6? .......... *00 67
*66
67
♦70
80 Burl. Cedar R apids & N o ..
§05 M arlO 75 J ’ly 1 68 Apr 70 Aug
84
*83% 84% p a n a d ia n Pacific.....
83% 83% *83
10 0 72 Apr 21 90%.Jan 20
•83
84 i *83% 84
*83% ...
40%Mar 82 Deo
53%
53%
53
53%
v^anada
S
o
u
th
e
rn
....,
53%
54%
5,450
55
55%;
54%
54%
4 4% Mar 12 57%Feb 5 44%Jan. 62%Sep.
54% 54%
..................... Capital T ractio n ..........
62 J a n 4 70 Jan 25 50%Oet. 03 Deo
15,505 86%Mar 26 98%Jan 7 68%May 103%Jan.
88% 91
89% 91
89% 90%i 89
90% 88% 90% x87% 90% Central of New Jersey
15 15 Central Pacific...............
446 11 Apr 23 15 J ’Jy 14
15
15
•13% 14%i §13% 13%
U
14 i §14
14
7%Apr 18 Sep.
22% 22% Chesapeake & O hio.. ..
8,500 17%Mar 26 2 4% Feb 1 15%Mar 27%Aug
22% 23%' 23% 23%
23%
23% 22% 23% 22% 23
*159 .........Chicago & A lto n ............
■159 . . . .
•100 “ ....... i *100
*100 - . . . . . . *100
§150 Mar 14 H 06% Janl4 147 J ’ly 170 Mar
•172 . . . .
*172
...
Do
pref.
.........j*172 ......... *172
§166 Mar 24 §160 Mar 14 01%May !75%Nov
*172 .........*172
100% 107% 107 107% 100% 107% 105 100% 105%106% 105 100% Chicago Burl. & Q uincy... 53,44' 85%Mar 26 t07% J’ne 11 09%Jan. !02%Sep.
55% 55% *55 56 Chicago & East. Illinois...
400 49 Apr 19 60 J ’ne 1 37%J’ne 61 Sep.
58
57% 57% I 55% 50
*50% 58% *57
►100 108 *106 108
Do
pref.
*106108 |*1O0 108
L02 J a n 7 ll8% Feb 1 95 Jan. 103 Sep.
*100 108 *107 108
14% 14% 14% 13% 14% Chicago G reat W este rn .. . 12,020
9%Feb 24 10%Jan 8
14% 14% 14% 14% 14% 14% 14
3%J’ne 20%Aug
7 *% 71%
Do 4 p.c.debentures.
100
........... ........ ) .....................I * ........ 72
....
l% J ’ly 15 71%J’ly 15 71%Oct. 75 Deo
33
*32
33%
Do 5 p.c. pref. “ A ” .
105 28 Mar 15 30%Jan 2b 31%Aug 43 Sep.
•32
33% 131% 31% *32
33% *32
83% 33
24
*23
25
Do 4 p.c. pref. “ B ” .
*23
24 i*23
24%| *23
24% *23
24% •23
20 Apr 21 2 5%J a n 14 19 Aug 33%Sep.
*9% 10
9% 9% Chic. Indianap. & L ouisv..
150
7 Feb 24 10%J a n 14
*9% 10 I *9% 10 | *9%
10
*9% 10
8 Oct. 18 A uj
1 20 23 Apr 10 33%Feb "
*29
31 *29
31
Do
pref.
•30
32 ' *30
3 1 i 30%
30% §80
30
20 Nov 38%Sep.
73,248 83%Apr 21 L02%J ’ne 1 69%Apr 102 Sep.
99% 100% 100% 100% 90% 100% 98% 99% 98% 99% 98% 99% Chicago Milw. & St. Paul.
780 140 A pr 25 152 J ’ly 15 !80%May 140 Sep.
Do
pref
*149 149% §149% 140% 150 150 §150% 150% 150% 150% 151% 1 5 2 ”
127% 129% 129% 130% 128% 129% 127% 129% 127% 129% 127% 128 Chicago & N orth W estern. 18.958 18%Mar 12 !30%Feb 11 !01%Apr l32%Ser
.................
Do
pref
300 163 Jan
175 Mar 7 153 Jan. 165%Se}
*171 172 *171 172
171% 171% *170% 171% 171% 172%
33,09
95% 96% Chicago Rock Isl. & Pac.
80 Mar 25 108%J’ne
60%Apr 97%Sei
90% 9 7%; 90% 97%, 90%
97
95% 97% 96 97
23,280 05 Mar 12 85%J’ly 11 47 Jan. 89%Sep.
79% 82%! 83
85% 82%
83%
81
83 j 81% 83% 81% 83% Chic. St. P. Minn. & Om..
6 §148 Jan
100 *153 100
Do
pref
155 Feb 28 133% Jan. 150%Deo
•152 160 *152 100 §f55 155 *152 160 *153
284
4%Jan
8% 8% §8
8 Chic. Term inal Transfer.
9%Mar
*8
8%| *8
8%, *8
8% .................... |
340 22% J a r
29
29
29
Do
pref
33 Feb
*80
30 1s28% 28%, *29
30
§28% 287% 29
8 ,2 '
25 Mar 12 44%J’ne 17 21% j’ne 41%Sep
42% 43%! 43 43% 42%
43%
41% 42% 41% 42% 40% 41% Clev. Cin. Chic. & St. L . . .
~
Do
pref
230 77%Mar
88%J’ne 14 63 J ’ne 80%Sep
1,000 ll% M ar 26 19%Jan 12
14* 14%
U % 14% 14* ii% | U % 14% 1 4 * 14%| 14% 1 4 *
pref
Do
45 May 2 50% Feb
39 Nov 49%Deo
49
49 j
49
......... 49 I
161 Apr !08%Sep
170 J ’ne
170 J ’ne
170
*170
•170
•170
*170
..
5%J’ne 28
5%J’ne 23
602 14 J ’ne 23 18 J ’ne 7
Do pref. vot. tr. ctfs.
35
15*1
200
5 Mar 18 8%Feb 10
l%Apr 18 Jai
0% *5% 0
0
*5% 6 Col. Hocking Val. & Tol.
0% 0%i •5 *
0 * i •5%
Do
pref
25 Feb 9 14 Aug 46 Jau
17 Jan
*21% 24
•21% 24
•21% 24
* 21 % 24 | •2 > * 24
*21*. 24
3,241 104 Apr 21 114% Feb 3 99%Apr 123 Sep
elaware & H u d so n ...
L07 .07 §107 107 I 100
00
105 105% 105% 105%
el. Lack. A W estern.
*
69 144%Apr 21 159 Feb 5 L40%May 164 Aug
100 •.........150
56%
H55
50% *.........156
, 150
Denver A Rio G rande...
9%Apr 14%Aug
10 Apr 20 13 J a n 12
2,313 40 Apr 21 5 2% Feb 9 30 Apr 50% Aug
Do
pref,
50
49
§50
50% 4 9 Vi 49% 48% 49% 49
50
’t f i % '
900
Des
Moines
&
F
t.
Dodge
7 Apr 14%J ’ly
20
J
’ne
10
8*A
pr
21
17
17
16*
16
16*
17*
10%
10% 17%
Do
pref
81 Apr 50%Aug
*S5
*80
•MO .......
5 Dec 10%Aug
5 Apr 4 7% Feb 5
•0
8 Dul. So. Shore & A t],pref
•6
8
•0
8
*0
8
*0
8
8
•0
405 11 Apr 21 16 Vi Feb 4 ll% A pr 19 Sep
14
13% 13%
1 3 * 13* •1 8 * 13* •13
13% *13% 13* L?rie..
5,255 29%Apr 22 43% Feb 11 27 Apr 46%Sep
1st pref
3 4 * 84% 34% 34 * i l l Do
35% 36
33*
3 4 * 35
3 1 * 30
100 15%Apr 22 21%Feb 11 15%May 25%Aug
Do
2d pref.
18
•17
18
17% 1 7 * •17
*16% 18
•10% 18
.........
100 22 May 9 20 May 11 20 J ’ne 34 Sep
26 Evansv. & T erre H aute
•2 5 * 20
•25% 20
20
•25% 20
•25% 20
•25% 26
Do
pref,
40 Jan 18 52 J ’ne 16 28 Aug 48 Sop
52
*50
52
•50
•50
52
52
52
•50
52
•50
•50
7 J ’ne 14% Aug
10 Mar 12 14%Feb 14
lin t A Pere M arquette.
•9
13
Do
pref
36%May 19 43 J a n 28 30 Mar 49 Oct
•30
35
Ft. W. & Den. C., stam ped
21 Feb 8 28 Mar 5
7%J’iy 20 Sep
•24
25% •2 3 * 2 5 * •2 3 * 2 5 * •24
2 5 * •2 3 * 2 5 *
10 May 19 10%Jan 31 12 Nov 20%8ep
12 Ft. W orth A Rio Grande.
12
12
12
12
re a t N orthern, p re f...
1,205 +122 J ’lv J 180 J ’ne 30 120 Jan 141 Sep
129 120* 128% 128% 127%127% 1128* 128* 127 127
120 129
reen Bay A W estern.
§30 Jan 7 32%Feb 24 27%Apr 40 Aug
40
•30
40
•SO
40
*30
40
*30
40
*30
•30
40
Do debt certfs. “ A
40%J’ne 23 49 J a n 27 50 Dec 50 Deo
9 Aug
3%Dec
Do debt certfs. “ B ”
3%J’ly 9 6%Jan 25
8% 3%
25,310 96 Apr 21 l l l % J ’ly 12 9l%Apr 110%Aug
109% 109% J^lllnols C entral..
107 109% 110 i n * n o w i n * 108% i i o £ 109% n o
97
Aug
88
Jan
§94
Feo
18,
§94
Fob
18
Do
leased
line,
4
p.
c
100
*94
*90 100
90
96
*92
•93
90
•93
0 Apr 13%Sep
7% Mar 18 10 J ’ne 11
•9
•9
9%
•9 *
•9*
9 * Iowa Central.....................
•9%
9*
9*
*9%
»*
«*
25 A pr 28 35%J’ne 11 23 J ’ne 41%Sep
Do
pref
33
*32
33
•31
§33
83
33
§31
31
32% 33
§38
4 J ’ne 9% Aug
0 Feb 2 0%Feb 2,
anaw ha & M ichigan..
*5%
•5 *
*5% 6%
*5% OH •5%
•5 *
o*
0*
»*
«*
15 Apr 20 24%Feb 10, 17%Dec 29%Sep
an. City P itts. A Gulf.
17
15% 15% i i * IV *
16% 10*
1 6 * IB * 16
l « * 17
4% Aug
2 Feb
5%
J
’ne
11;
3
J
a
n
27
Keokuk
A
Des
Moines.
5
•4
*4
b
•4
5
•4
5
•4
5
•4
5
15 May 12 15%.T’ne 14 12 Mar 28%Jan
Do
pref
19
•18
19
•17
19
'•17
19
•18
19
19
•18
•17
30 J ’ue 2 34 J a n 31| 82 Feb 30%Oot
31 Keokuk A W estern.........
30
30
•29
32
•29
•29
31
•29
31
2 Aug
1 Aug
2 May 19
2 May 19
‘•4% # ‘ 9%
MX
oh
•4% m Kingston & Pem broke..
9J)
•4%
'4 *
•4 *
9*
9*
2 2 0 12%Mar 14 18% Feb 8 13 May 22%Sep
ake Erie A W este rn ..
*14% 10
•15
10
10
14% 1484 •1 4 * 10
14* 14* •14
58%Apr 79%Sep
70%
Feb
8,
1,304
60
Mar
14
Do
pref
09%
71
71
71
71
70
70
7
L
70
70
69*
•09%
194%J a n 29 152 Jan 181 Sep
20 0 170%Jan
•189 193 •189 193 •189 193 •189 193 *188 193 Lake Sh. A Mich. South.
Convert, ctfs. of deposit.
l80%Apr 19 190 May 27
•188
1,150 40 J a n 20 51 J n ’e l 88 Deo 55 Jan
50 Long Island....................
50
*50
52
50
50 I 50
50 ! §49% 49% 50
50
23,380 44 Apr 21 60%Jan 31 40%Apr 03%Sep
52% 54 Louisville A Nashville.
54% 54
54
54% 54
54% 3 2 * 53V* 52% 54
a n h attan Elev.,o«msol 97,519 91 Mar 26 120%Jan 14 81%May 113 Sep
105% 10794 100% 107% 106% 108
105 100
106% 107% 105%107%
16,307 !25%Mar 20 171%Feb 14 99%Oct 133%Deo
etropolltan Street
159% 159% 158% i s u * | 158% 159% | 157 158% 157 158* 152 158
6 Aug, 9%J’ly|
4% J ’ne 15 6%.Jan 8
Mexican C entral........
•4% 5% I
5% *4% 5% ♦
5%
1 Nov| 2% A ug
1 Feb 10 l%M ay 2
Mexican N at’l tr. rects.
065 99%Mar 12 114%Feb 8 90 J a n lll% 3 e p ,
105* 105* Michigan C entral............
106 107
100% 107"*! •106 107 1 100 100 1*105% 106
16
May 31%Sep
30%Feb
15
24
M
a
r
ti
300
29% •23
*28% 2 9 * •28
29 % Minneapolis A St. Louis.
29% 28% 2 8 * | 2 8 * 2 8 * *28
84 May 14 91 J ’ne 27 77%Mar 90 Sep
Do
1st pref,
§89% 89*
•H8* 90% •88% 9 0 *
88
*88
90
88
00
*88
46
Feb 1 02%Sep
63
J
’ne
8
46
Mar
20
Do
2d
pref
00*
•59
60
•58
6 0 * •58
BO* •58
00% *58
6 0 * *58
6 Deo
0 Dec
7 Mar 11!
6%Mar 1
Minn. St. P. A S. S. Marie
•6
•0
*0
1 4 Jan 26, 10 Apr 10%Sep
10
A
pr
13
550
Mo.
Kansas
A
Texas
n * n *
n
*
1
1*
1
1
*
•11
11%;
*11
n
*
u *
H % §11%
42 Sep
2
4%
Apr
41
Jan
28
28%Mar
12
4,160
Do
pref
34
81% 34% 347* 36
34
34% 34% 34% 35
85* 85*
38,370 22 Mar 12 36%J’ly 12 10 May 40%Sep';
3 6* Missoni i Pacific
357* 3 8 *
35
8 5 * 30
36
36
30% 85
36%l 35
18 - J ’ne 32 Aut
220 24%Apr 19 32%Feb 7
26 Mobile & O hio..
•25
27
20% 20% •20
27
2 7 * 26
27%1 *26
•20
100 §167%J an 4 §175 Jan 14 102%J’ue 178%De0
Morris
A
Essex.
172 172
170% 172 •1 7 0 * 172* •170% 172 •170% 172%|*171% 173
60 J ’ne 1 60 J ’ne 1 70 Jau 85 Sep
XT ash. Chat. A St. Louis..
,
2,822 105 Mar 20 119%J a n 281 92% Feb 115%Sop
U S * 119* 118%119% 118% 119
117* 118*1 1 1 7 * 118* 117* 118* 1* Y. C entral & H udson..
U% M ar 14 15%J an 31 11 Feb 17%Sep i
N. Y. Chicago & St. Louis.
6
*14
14* M *
15
15
15
15
15
•14
15
*14
.
73 Feb 19 70 Jan 31 67%Apr 81%Sep
1
Do
1st pref.
80
•65
•70
75
75
75
80
80
•70
•70
80
*70
43%3ep
710 28 Mar 25 40%Jan 29 24 Feb 325 Deo ,
Do
2d pref.
87
*33
3 7 * 30% 3 7 * 83
37
•80
88
•33
37
*33
295
Feb
§320
.Jan
5,
§320
Jan
5
New York A H arlem .........
1120 Apr 20 §123%Febl6 119 Jan 122 M an
N. Y. Lack. & W estern ....
.....
2 0 0 §178%Jan 7 §195%Feb 2 160 Feb l85%Sep r
00*’ 19*6” •189” 19 i ” •18 8 ” 19*6” •188 1 9 1 1 189% 180% *188” 19 i ” N. Y. New H aven A H art.
2,032 13%Apr 25 18% Feb 2 12%Apr 20toSept
Y. Ontario & W estern..
15
15
1 4 * 15
14* 14* 14* 14* N.
*14* 15% 14% 1 4 *
05 J a n 28 05 Jan 28
Norfolk & Southern..........
•00
•00
00
00
•00
00
•60
66 | *60
9 Apr 17 ViSep I
100 ll% A p r 21 17 Feb "
Norfolk
A
W
estern
............
15
•14
14
15
•14% 15
15
14
14 i *14
Q
•H % 15
2,195 42% Mar 12 56% Feb 7 22%May 48%De«
Do
pref.
51% 52
52% *51% 52% 50% 51% 51% 51% 50% 50*
52
31%-T’ne 6 11 Apr 32% Dec S
19
Feb
24
17,523
Nor.
Pac.
Ry.,
vot.
tr.
ctfs.
28%
29%
20%
30
29%
29%
29% 1 28%
2 9 * 29% 2
32%Jan 61%Dec a
70%J’ly
11
50%Mar
12
31,898
Do
pref.
70% 7U* 7 0 * 7 0 * 7 0 * 7 0 *
8%De« I
6 9 * 7 0 * j 0 9 * VO* 69*
5% N ov
7 Mar 5 7 Alar
maha A St. Louis..........
10 Apr 4 1 Sep I
35% Jan 7 54% Feb
r.REt.AN.Co.vot.tr.cfa.
50
•48
•49
51
*49
50
51
•48% 50
50 I *48
•48
37%Jau ?3%Sep |
74
J
’ne
11
05%Mar
29
140
Do
pref.,
vot.
tr.
ctfs.
•08
*70
72
72
71
71
•71
73
571% 7 l %| *69
33%Feh 17 J 7%J ’lv 2354 AU
200j 19% Jan
Oregon Short. L ine............
•28
•28
28% •23
30 | *28
.31
28
128
30
30
D
F
G
K
L
M
O
* T hese a re bid and asked p ric e s; no sales on this day.
OUTSIDE SECURITIES
! Ask.
NBW YORK CITY.
•3'eeok 8 t A Ful F—Stock.
32
3*%
1st m o rt 7s 1900 .. .JAJ 101
104
B’way A 7th A ve—Stock. 210 2 * 0
1st m ort 5s 1904.. .JAD $ 105 106
*d m ort 5s 1914....J
A J_____
$110 |112
______
Con 5s 1943—See Stock Exch I 1st.
B w ay 9u rf l s t5 s g u . 1924 114 (1 16
*d 5s i ; as ren tal. 1905 $105 100%
C ntral Cros+towu—-Stock 240 .........1
1st M 0s 1922....... MAN $118% ..........
L«n Pk N A K Rlv—Stock 180 j .........
0*WAl 7s 1003 . . TVr»l$109 >111%H
** tre et R a i l w a y * .
§ Less than 100 shares.
t Ex dividend and rights.
( G i ve x at foot of 7 coxsEOim YE pa g es ).— ST R E E T R A I L W A Y !
S t r e e t R a i l w a y * . 1 Bid. Ask.
C hrist’p’r A l'Uth St-stock 150 100
1st m ort 1898.......AAO HIU* 103%
Col A 9th A ve 5s-See Stock Kxcn i i«t.
D I) E B A B a tt’y—Stock.. 175 195
1st gold 5s 1932...JA D 5114* 116*
Scrip 5s 1915.........FA A 100 103
Eighth A venue—S to ck ... 820 330
Scrip 0s 1914................. 108
42d A Gr St K er-Stock... 330 300
02
42d St Man A St N A v e.. 5H
1st m o rt 0s 19 1 0 ..MAS 113 110
90
9 1*
2d Income 0s 1915.JA-J
L o r AvA Pav P 5s-See Stk Rxch 1 1st.
-*tr«*et I t n i l w n v H .
Bid.
M etropolitan—See Stock
Ninth A venue—S tock.. ..
Secoud A venue—S tock...
1st m ort 5s 1909.. MAN
D ebenture 5s 1909.JAJ
Consol. 5s, 1948...FAA
Sixth A venue—Stock.
So F er 1st 5s 1919.. AAO
Third A venue—See Stock
1st m ort 5s 1 9 3 7 ...JA J
28th A 29th Srs 1st 5s. .’90
Tw enty-Third St—Stock
Deb 5s 1900............JAJ
170
175
$107
$105
114
200
5113*
Exch.
121
5110*
830
103
Ask. |
>st.
ISO
180
109
108
114*
210
114
list,
122%
in *
S t r e e t R a ilw a y * .
Union Railway—Stock..
1st 5s 1942............ FAA
W estchest 1st 5s ’43.. JAJ
BROOKLYN.
Atlan. Ave., B’klyn—
1st 5s 1909............AAO
Con 5s g 1931.......AAO
Im pt 5s g 1934.......J&J
B. B. AW.E. 5s 1933. AAO
Brooklyn City—Stock....
Consol 5s 1941....... J&J
B’klyn C. A Newt n—Stock
5s 1939...................J& J
Bid. AS&.
175 200
f 113* 114
J109
$105
$100
85
109
212 214
i 14 117
200
$114% 115*
THE
L12
C H R O N I C L E .—STOCK PRICES
8 T 0 0 K S - H I 6 H S 8 T A E D L O W E S T S A L E P E IO E S .
S a tu r d a y ,
J u l y 9.
M onday,
J u ly 11
T uesday,
J u l y 12.
W ed n esd a y 1T h u r s d a y ,
J u l y 13. J u l y 11.
(2
pages)
S a le s
STOCKS.
F r id a y ,
J u ly I t
N. Y. ST O C K E X O H .
l
K art*
P
age
2,
[V o l . L X V II.
Range fo r pre
R a ivg t fo r y e a r 1898.
O n b a sis o f soo-sh're lo ts v io u s y e a r (1897).
L o w e st.
H ig h e st.
L ow est.
H ig h e st,
85*J*ly 18
*34* SO* p a c ific Coaat C o.........
1,600
91 J ’ne 28
•80
85
k Do 1st p ro f.. . . . . . .
76
? 16 0 * J ’no 87
Do 2d p r o f .. .. .. ..
100 i
t 12 0 * Feb 7 10 8 * Jan 119 Sep
Pennsylvania...............
3 * Aug
* J ’ne
2 * May 23
Peo. D ecatur A ISvanav...
H^iAug
5 Apr
5 * Feb 11
Peoria & E a s te r n ..............
4 7 * May 2 l l * M a r 8 9 * DecPlttab. Cln. Cble. A Su L . .
71 Feb 7 44% J’no 7 0*O ct
Do
pref.
» 172*JT y 18 150 May 172* Aug
Pitta. Ft. W. A Cb.. g u a r..
7 J 'n e 17
Plttab. A W est., p re f.........
4 * Aug 12 Sep
23% Ja« 0 1 6 * Apr 29*Sop
P eudlng, voting tr, c tf a ..
5 4 * F e b 8 88* A p r 57*Sep
LL 1st pref., vot. tr. ctfs
29 Jan 6 2 2 * A p r 35*Sep
8d pref., voting tr. ctfs,
\ 1185 May 20 175 Oot 185 Jan*
Rensselaer & S a ra to g a ,...
3 7 * J ’ne 27 1 4 * J ’ne 2 5*.Sep
Rio G rande A W estern—
68 J 'n e 23 25 May fll*I>eo
Do
pref.
i 1123 J a n 4 116 M ar 12 2 * Deo
Rome W atertow n A O g d ..
0*Sep3 * J ’ne
8 * Feb 11
t. J . & <1. Isl., vot. tr. eta.
03 J ’ne 11 87% J’ne 64*X>e6i
Do
1st pref.
8 3 * J ’ne 11 1 0 * J ’ly 20*SepDo
2d pref.
9 Aug
4 A pr
8% J’ne 8
St. L. A S. Fr,, vot. tr. ctfs.
05% J’ne 6 37 Jan 59*D eo
Do
1st pref.
Do
2d pref.
8 2 * j ’ne 1 12 Apr 2 7 * Dee
7 Aug
1 A pr
5 * J ’ne 17
SL Louis S o u th w e stern ..
3 * Apr 14*Sep12% J'ne 7
Do
pref.
25 J a n 8 20 Jail 80 Sop'
St. Paul A D u lu th ........
8 7 * F e b 14 7 2 * J ’ly 87*O cb
Do
pref.
! 156 J 'ly 12 114 Jan 125 A u s
St, P aul Minn. & M an.......
22 J a n 12 1 3 * J a n 2 3 * S e p
S outhern Pacific C o ..........
7 A pr 1 2 * S e p
9%Feb 10
Southern, voting tr. c tfs ..
8 8 * F e b 11 2 2 * A p r 38*S ep
Do pref., vot. tr. ctfs.
8 A pr 15 A c #
13% J ’ly 14
exas A Pacific................
I 194*F eb 16 146 May 173 Deo
b ird A venue (N. Y .) .,..
) $15 Feb 10 20 Sep 2 6*O et
Toledo & Ohio C entral. .. .
i $40 Feb 10
Do
prof.
9*D ec 14*D eo
20 A pr 4
Twin City R apid T r a n s it..
25% J’ne 6
nion Pacific Ry ............
63%Feb 2
Do
...p re f .
1 A pr 11*869
1 0*F eb 18
tin. Pac. Den. & G., tr. rec.
9 * Sep
4%Mar
7 * J a n 12
abash.
20*M ay 9 l l * A p r 2 4 * 8 ep
Do
pref.
> 10 2 * J a n 8 100*N ov 112 Augs
W est Chicago S tre e t.........
6* Jan
* J ’ne
r 3 * J a n 11
W heel.& L. E., 81 a s s 't pd.
2%Apr 29 J a n
16 J a n 12
Do
prof.
do
4%Augs
1 J 'n e
3 * J a n 17
Wiscon. Cent., vot, tr.c tfs.
8 Sep
0 Sep
6 J ’ly 12
Do
pref.
do
iR I s c c lla n ’s S to c k s .
♦99 108
147*F eb 105 Oct
103 ;
dam s E x p r e s s .............
•2 0 * 21*
9*M ay 26*S ep
1,075
m eriean C otton O il.. ..
75
75
5 2*F eb 80*Sep450
Do
pref.
•25
80
21*D ec 27 J ’ly
A m erican D istrict T e l ...
•128 131
1 0 9 * J a n 119*Noy>
A merican E xpress............
•2 5 * 26
A merican M alting........
•76
77*
Do
pref,
0*N ov 15*Aug*
IS * 13*
A m erican Spirits M fg .,
•3 6 * 87*
15 Dec 80 A ng
Do
pref.
42* 43*
A m erican Steel & W ire ...
91* 92*
Do
pref.
109%Mar 159*Sep
1 3 l £ 133*
A m erican Sugar Refining.
1 0 0 * Jan 121*Sep
1118*114*
Do
pref.
•94
95
8 5 * J a n 94 J 'n e
A m erican Teleg. A C able..
122*123
0 7 * Feb 9 6 * Aug
A m erican T obacco............
100 Feb 115 Aug
♦125 ISO
Do
pref.
9 4 * 95
Do
dividend scrip.
S*
3*
8 * 0 e t I ft*A ug
ay S tate G a s,..................
85 Jun 137 Sep
•122 124 1
rooklyn U nion G as— .
•10
11 *
Brunsw, Dock & C. Im pvt.
olorado Coal & I. D ev el.
KM
94J ly
J*
2 Oct.
• 1 * J -H ‘ * 1 *
3
Do
pref.
22* 22*
1 5 * J ’ne
23
Colorado Fuel A Iron.........
•4 *
M
3 * J ‘ne
Col. A H ock. Coal & I r o n ..
199 200* 198 199' 197 108
1 3 0 * Jan .
4,700 :
200 201
197 1 9 7 * 195 iO T* Consolidated Gas (N. Y.),,
87
28 Nov
1,426
87
37
87
3 6 * 3 0 * $37* 3 7 *
37
3 6 * 3 7 * Consolidated I c e ............. .
• 88* 90
•88* 90
90
80 J 'n e
205
90
*88* 92
90
Do
pref.
91
90
•45
85 Feb
•40
Consolidation C oal.. . . . . . .
•45
*40
•40
*40
" V‘
Consol. K an. C. L. & R ...
64
•60
20 Jan . 0 0 N o t
•62
05
6 0 * 01
00*
D etroit G as.........................
00
*
•
00 *
60 •
a ste rn E lev a to r........
00 ♦
1 01*Jam
•131 135 •181 135 •131 135 ♦131 185 *131 135 $134* 1 3 4 *
dison Elect. 111. (N. Y.).
97 Feb
Edison Elect. 111. (B’k ly n ).
7,877
40
28%May
40
G
enera
lE
le
c
tric
..
.
.
.
.
.
.
.
.
.
89M 40W 8 9 * SOW
39
39
3SW
38W
m
2.240
124
24
23W 21« 28W 26" 21
awaiian Com. A Sugar.
se w SSW ^21% 24
8 l * J ’ly 19 1M gc t
10 1
. B. Claflln Co................
$88
88
35 Mar- 4 5 * Deo
•61
•52
•52
♦53
*52
H om estake Mining.
2 9 * A p r 50 Aug.
7,221*
•50
S7M 57W 57W 5 7 « 5SW 57
5S
59
60 "
BOW Illinois Steel............
50«
22 May 49*Aug}4,390
51
51W •50
SOM 51
51
aclede Gas (St. L ouis),
49W BOW 50
BOW 50
7 0 * M ar 98 Ang315
•91
93
•91
98
92
92
i Do
pref.
*91
93
93
91W MW *01
J ’n e
4 Aug
•2
•3
6
•3
a n h attan Beach Co.. ..
0
*3
6
♦3
0
6
*3
6
40 J ’ly 52 D ec
52
•45
52
•48
aryland Coal, p r e f ...
•45
50
*45
50
*45
*45
52
50
M ergenthaler L inotype.
42 May 61 Sep
M ichigan Penin. Car, pref.
88 A pr 00 Aug
2,321
•72
*72
74
74
73
73 M innesota I r o n ..
7SM 7 4 *
73M 74
73 W 74
2 1 * F e b 44 Sep
1,542
$35
85
3 4 * 3=M
ational Lead.,
34U 84
34H 34% « 4 « *38* 35
8 8 * Feb 10©*Sep
'438
1107
•1 0 7 * 1 0 7 « $107* 1 0 7 * 5 1 0 6 * 1 0 8
Do
pref,
107* 107*
1108 108
10 May 23%'Aug.
2.920
•lo w 17
N
ational
Linseed
Oil.
IBM i s m 1BW 15
IBM 13
15
12W
8 May 13 Aug
100
7
6«
•5
7
*0
*0
7 N ational S tarch ..........
*6
7
7
5M *5
51*M ar 90 Sep
•70
•70
80
80
•70
80
•70
80
Do
1st p ref.
•70
80
80
*70
8 * A p r 45 Aug
'Too
25
20
•15
25
Do
2d
pref.
•10
25
16
16
*16
25
*12«
•l»M
•35
•35
45
45
*35
45
*35
*35
45
45 New Cent.Coal (new stock)
45
*30
1,802 14 A pr 5 51 J ’ne 8 22 Deo S l* A u g
•40
44
4SW ♦41
44
4IW 45W N. Y. A ir B rake...........
•to w 44
•41W 43W 44
6*A ug,
3*A pr
5,881
7 * J ’ly 7
4% Jan 15
7
7
7
7M
m
«w
«W N orth American C o ...
ew
ew
«w
ew
3*N ov ”10*Jan
3 * J a n 4 4 J ’n e 11
•8
5
•8
5
•8
*8
5
*3
5 O ntario S ilver..............
5
•3
89*Sep
24
Jan
.
3,240
29
3
2
*
F
e
b
4
21
A
pr
21
29
0854
29
acific
M
a
il......
.
..
.
29
28W
29
sa w sow
20M
$325 M ar 28 $350 Feb 25 330 Dec 340 M ar
•840
*830
♦330
*829
*330
eunsyl vania Coal...
97*D ee
9 9 * 100* 9 9 * 100*
99* 100*
08W 0OH, 07M OOM 0 7 « 0054 People's Gas-Ij. A C,(Chlc.) 82,690 8G *M ar 2« 104*M ay 31 91 Nov 185
Sep
8,741
105 M ar 12 216 J ’ly 5 152 Jan .
210 211
210* 211
210* 210* 209 2 1 1
2
0
0
*
2
0
9
*
P
ullm
an’s
Palace
Car.
200* 209*
4*A ug
l * J ’ne
2*Jan
2 J a n 26
2
2
2
2
u ic k s i lv e r M in in g ..
2
*1*
• iw
• 1W 2
• iw
*!W
*1«
8 A pr 18 A ug
5 J ’ne 2
•5
•5
8
0% J’ne 18
8
8
*5
*5
•5
8
*5
8
8 Q Do
pref.
5 6 * Apr 4 59 J ’ly 12 6 1 * A ug 6 5 * J a n
50
59
ilver Bullion Certlflc’t ’s.
sow
1 4 3 * Ja n 21 $147 J a n 24 81 Jan. 140 Dee
tandard Gas (N. Y .).......
2 * Dec H * J a n
7 May 23
3 * .Tan 3
03w
0
0
0
S
tandard
Rope
A
T
w
ine...
*0
♦
0
•sw
0*
0*
Bii
5,375 17 M ar 12 2 8 * J a n 11 17 May 85%Sep
25
»>M 25 rp e n n . Coal Iron A R R ...
34 U 25
85W sow 2BW »SM SOW 24W 35
9 Aug
0 A pr
7 * J ’no 8
5 May 27
JL exas Pacific Laud T ru st
*40
44
’' ' 14 88 A pr 14 $45 Feb 9 87 Feb 48 J ’ly
•40
44
44
♦40
*41
44
nited States E xpress .
*41
♦40
44
44
6*M ay 10*A ug
8%May 24
1,510
5 * A pr 25
nlted States L e a th e r .
VW »7W
7M TW
7M 7*! •7M 7W *7M 7W
0ft* BOW «'W 00*
87 % BBW
0 6 * 67 M
Do
pref. 16,634 53%Mar 20 0 9 * May 25 50 A pr 72 Sep
00* 07*
45,047 14*M ar 12 2 0 * J ’ly 15 10 J ’ne 2 5 * J a n
2b% sew SltM SOW BOW
2 8 * 2 9 * U nited States R ubber.
SBM S7W 27W 2 8 *
OHM 2 9 *
Do
_ pref. 10,343 60 M ar 12 9 2 * J ’ly 13 50 J ’ly ? ft* J a n
HOH s i H 91
»1 M 01 W OSH B1W 02« X80W oon x 8 9 * 0654
5 I I 1 2 * May 5 $124 J ’ne 24 97 Jan. 20 D eo
123 •119 125 1120 120 •118 123 *117 123 ♦117 128
m e
ells, Fargo A Co .
03
93*
estern
83
93*
92%
e
”Onion Teleg’h. 11.787 8 2 * vfur 20 95 J ’ne 24 75%May 00* 8ep
93*
B3W osw 92
0IM 02*
• T hese are bid and asked price* j no sales on th is day.
I Let* th a n 100 shares.
t E x dividend of 100 per o ent in bonds.
S
T
U
A
B
C
E
H
M
N
P
S
U
W
O UTS IDE S EC UR I TI ES (G iv e n
Bid.
105
B’klyn Kiev, ail ass’ts pd. 24
B kinH gtelstO s 1641A AO 98
BQnsCb. AS.—l a t 5s. 10 41 $105*
Bklyn R ap.T ran,—See 8to ok Ex,
Cal.Gem Gr.&B’k y n ls t fte 110
Coney Island A Brooklyn. 195
1st 5s 1904..............JA J 108
08
5s certfa IndbtlO lO .J& J
Gr.8t.ANew Isto s’OfiA&O 104
G’p’t A Lorlm er 3t. latfta. n o
7
Kings Co. E levat.—Stock
Bonds—See Stock Exch. L ist.
S tr e e t R a ilw a y * .
at eoot
ov 7
Ask. !1 S t r e e t R a i l w a y s .
Bid.
Kings Co T raction—Slock
25
Nassau Elec 5a 1944. A&O 101
99
New W m b’gA FI 1stex. 4 * a 101
109* NY A Q uaCo5a 1946.AAO
Q telnw aylstftsl 922.JA J $114
List.
O TH ER CITIES.
B alt Consol—Stock—See B alt L
Bridgep Tr-1 St 5» *23.J &.1 $100
105
101* Buffalo S tree t Ry—Stock. 80
106
1st consol 5» 1931 .FA A ‘$111
Crosstown 5s 1932MAN $108*
Chicago City RR—Stock.. 252
io
Citizens’ 8t flnd*nap>-8rr Phlla
consecutive pages ) . —
Ask. |
304
103
8 t r e e t R a ilw a y * *
Cievol Cab-lflt 5s ’09. JAJ
Cleveland Electric R y ....
11BW Columbus (Ohio)—Stock.
Con 5s 1932............. TAJ
1st.
1 Crosat’w n -lsiS s’SSJAD
Consol T ract’n (N J ) —See
105
Lake St (Chlc)Hlev-Stock
82
112*
1st 5s 1028............... 1*.J
Louisv St Ry—5 p c bonds
110
267
Common..........................
Hat.
P referred ......................
STREET RAILWAYS, So.
Bill. Ask.
00
$100 102
53
50
$103 10ft
49
50
101 102
100 161 W
P h lla list.
I2W 1SW
70
$112 H4W
34
39
90 100
Bid. Ask.
B UIlQUt It I*'■
Lynn A B os-1st 5s ’24. JAD }io8W i04W
M etrop W est Side (Chic).
1st 0s 1942.............FAA { 64W 55
M lnneap St R y-5s *19. J AJ
8"
New Orleans T r—C om ...: " 1 ’ '
10
7
Preferred
75
N otes 08 1 9 0 4 ,...M A N
N orth Chicago—S to c k .. .. 210 212
1st. 5s 1900-10......... JA J $104 105
12
10
No Shore T r (BoBt)-Com.
77
80
P re fe rre d ...............
i B u y er p ay s accru ed ln*ere
S tre e t R a ilw a y s .
jgjuLY
16 ,
1898.]
BO N D S.
i
S '. Y . ST O C K e x c h a n g e !
W e e k E n d in g J u l y 1 5 . i
kron A Chic Jnc. See B AO.
a Cent. See Sou Ry.
Alabam
A labam a Mid I s tg u g ...l9 2 8 M -N
THE CHRONICLE.—BOND
P ric e
F r id a y ,
j J u l y 15.
B id .
W eek's
R a n g e or
L a s t Sale.
Range
fr o m
J a n . 1.
If
A s k . L o w . S ig h . N o . L o w . S ig h
PRICES (5 pages) i'AQs L
P rice
F r id a y ,
J u ly 15.
BO NDS.
N . Y . ST O C K E X C H A N G E
W e e k E n d in g J u l y 15.
TVeek’s
R a n g e or
L a s t Sale.
113k
Range
from
Jan. 1.
- B id . A s k . Low .
Ches A Ohio—(Con.)—
Low . S ig h
Gen gold 4 # s .................. 1992I
4 Sale
83%
91
91
7 3 # .85
R e g iste re d ................ 1992 I
A lbany A Susq. See D & H.
R A A Div 1st eong 4s.l989 .
Allegheny Val. See Penn Co.
*102# 104# 102 J ’ly ’98
2d con g 4s................... 1989 .
Am Dock A I. See Cen o f N J.
* 92#
* 04 J ’ly >98
Craig Talley 1st g 5s.. 1940 J
A nn A rbor 1st g 4 s....... 1995:'Q-Jt
85 Sale
84#
85
18
9 5 # May’93
81
86 %
W arm Spr Tal l s t g 5s.l941 J
A tch T A S Fe gen g 4s .1995 A - O 94% Sale
33%
94% 1856 85
94%
Eliz Lex A B S g u g 5 s .l9 0 2 P
103
R egistered.................. 19 9 5 A- O
89% M ar’98
89%
9 7# 104
Chic
A
A
lton
sink
fd
6s.
1903
p
A djustm en t g 4 s..........1995 Novt 7 0 # Sale
. 11 3
08%
71% 5572 ItH 71%: Lou. A Mo Riv 1st 7 s..1900 1
112#113#
R egistered.................. 1995 INovt
107 1117’
2d 7s................................19003
Equip t r ser A g 5 s___1902 J - J
Miss Riv B 1st sf g 6s..1912 A
Chic & St Louis 1st 03.1915 M -S
Chic B url A Nor. See C B & Q
A tl A v Bklyn im p g 5 s.. 1934 J - J
Chic B url & Q—Con 7s.. 1903 J
A tlan A Danv 1st g 5s. .1950 J - J 98 Sale j 98
*95* ’ "e9«
113#118#
Sinking fu n d 5s........... 1901 A
A tla n ta A Char. See Sou Ry. I
104# 107
D ebenture 5 s................1913 .1
A ustin A N W. See So. Pac. ;
104%109
Convertible 5 s..............1908 A
a t Creek A S. See Mich Cen I
104#
112%
Iow
a
Div
sink
fd
5
s
...
1919
A
a lt A O 1st 0s Pkbg Br.*19 A - O 110% Sale 110
110% 81 !loo 118W
109# 109#
*
8
.................................1919
A
Gold 5s.........,...1 885-1925 F - A *112 114 1 1 4 # J ’l y ’98
80 114M Denv Div 4 s................. 1922 I
98 104
Coupons off.........................!......... ...................
....
9 * 101 #
4 s . . . . ............................. 1921 i\
R egistered.......1885-1925 F - A
................... jl08
J ’ly ’98 .
99 100
95 iis j<
Chic A Iow a Div 5 s ... .1905 t
Eng c ertf of deposit.........;.........*...........109
108
108#! 38 90 n o w
N
ebraska
E
xten
4
s
....
1927
J
9 9 # Sale
RConsol gold 5 s..............1988 F - A 112% Sale i 112
112%| 43 97 1135)
R egistered................. 1927 Ik
Z T R eg iste re d ................. 1988 F -A ; .....................l i a
112
9 103 112
H an. A St. Jos con 6s.. 1911 H
■ J P M & Co ctfs of d e p . . . ........! 112% Sale 112#
112% 139 97 n s w
Chic B ur A Nor 1st 5s.l 926 A
*109** 111
B alt B’lt l s t g 5s intgu.1990 M -N *......... 9 9 # 99%
99%
84 100 ChlcAE 111—1st sf cur 6s. 1907 J
114# Sale
5TW Y a A P 1st g 5s.......19 9 0 |A -O ............
I
S m a ll............................. 1907 J
iI^Monon_ __
_ gu g 5s.l919 F - A
Riy 1st
1st c o n g 6 s ................... 1934 A
ilC en Ohio R l s i c g 4 # s l9 3 0 M- S 10i ’ .........j 100 J ’ly ’98
122 Apr.’98
122 180
*9*9’ i'oo"
General con 1st 5 s .... 1937 Al
Sale 106# 108
Col ACinM I8 te x t4 # s l9 3 0 J - J .......
101#108^
R e g iste re d ................1987 M
3JA.k AC J I s tin tg u g 5 s .l9 3 0 M -N .......
106# J ’ne’98
101
io e g
C
hicA
IndC
R
y
1st
5
s
.1936
J
102# .
Coupons off.........................I.........* 98
105 May’9S
100# 109
N o 'vV97
in . T\.ri: ; • • • • • 1Chicago & E rie. See Erie.
P itts A Con 1 s tg 4 s ... 1946 J - J 106 Sale 1108
108
B 4 0 8 W Is tg u g 4 # s .l9 9 0 J - .: 101 103 10«W J ’l.v’98 10 9 8 # 103 11Chic Ind & Louisville—
Louisv N A A Ch 1st 6s..’10 J
BA
c o n----------g 4 # s 1993
J - J . . . . . . I 60
115# J ’ne’98
. O
, .S W R.y ---—. *•••«.
J ’n e’97
5 115#
Chic Ind A L re f g 5 s.. 1947 J
8 6 # 90
90 J ’ne’98
1st Inc g 58 ser A . . . . 2043 N ovt .................... 2 7 # J ’n e’98
> 90
27
27#
R efunding g 6 s............1947 J
.........104
103
103
Series B ...................... 2043i Dect i ................. !
j'n e '9 8 1
I 105
8
9
#
|
C.hic M ilwaukee & St P aul—
B 4 C JS W T e rC o g u g 5s.’42 M -N | .................... ,|.........
1st 7s $ gold R D .........1902 J
142
May’98
Ohio & Miss ls tc o n 4S.1947 J - J, *10314 105 1 0 5 (4 J a n ’98
140 143
105#105#
l8
t7
s
£
gold
R
D
....1
9
0
2
J
2d consol 7s............... 1911 A - 0 '1 2 2
.........I lg t f f 12214 11 1120% 122#
„ „
1s t Iowa A D 7s........... 1899 J
1*4*6# M ar’98
1st Spr’gfleld Div 7 s .1905 M -N • .........108
104)2 105* 10 102)1 107^
Is tC A M 7s................. 1903 J
141 Apr.’98
1st general 5s............1932 J - D ..................... I
IUOS
Chic Mil A St P con 7s. 1905 J
144 J ’l v ’98
S eech Creek. S e K Y C i H .
1st I A D E xten 7 s .... 1908 J
Bel A Car. See St L A A T H .,
142# J ’l y ’98
1st Southw est Div 6s. 1909 J
117# May’9S
Boonev Bridge. See M K k T.
1st La Crosse A D 5 s.. 1919 J
110 M ar’98
Bway k 7th Av. See M etS Ry.
1st So Minn Div 6 s . . . . 1910 J
117% 117%
Bklyn City 1st con 5s 1916-41 J - J 112 ....... 112 J ’l y ’98
112 113
1st H a st A D Div 7s... 1910 J
. 128# 130 J ’ne’98
Bklyn El T rC o c f Istg 6 sl9 2 4 ......... 92 .......
92
79
93
5 s ................................. 1910 J
109
Oct.’97
T r Co ctfs 2d g 5 s.......1 9 1 5 ......... ...................
86 J ’ne’98
86
86
Chic A Pac Div 6s.......1910 J
*117 . . . .
18 M ar’98
3d Inst al p d .........................I......... ................... 68 May’98
68
08
Chic A P W ls t g 5 s ....1921 J
115# . .. . 115# 115#
8 A B BTCocfs ls tg u g 5 s ’4 2 ........ ................... 7 0 # D ec’97
Chic A Mo Riv Div 5s. 1926 J 113# J ’l y ’98
3d lnstal pd..................... j ........ ...................
M ineral P o in t Div 5s.. 1910 J - r HO9 # 111 107 M ar’98
Dn El T r Co cfs 1stgu g6s’37 j....... | 9 1% Sale “f l l "
92#
80
92#
Chic A L Su Div g 5s.. 1921 J ..........
112 A pr.’98
Bklyn Rap T r g 5s.......... 1945 A -O 103# Sale 102 # 104
91
104 I Wis A Alinn Div g 5s.. 1921 J *113 . . . .
114 J ’ne’98
Bklyn k M ontauk. See L Isl. !
Term inal gold 5s.........1914 J 111# J ’l y ’98
B runs k W est 1st g 4 s.. 1938 J - J ...................
• .
F
a
r
A
Sou
assu
g
6
s
...
1924
J
127# J a n .’98
B u f f N Y 4 Erie. See Erie. !
i Cont sink fund 5s.......1916 J
106# May’97
Buff R & P gen g 5 s.......1937 M - 8 1 0 5 # Sale 1 0 5 # 105#
2 104#106
Dak A G t So g 5s.........1916 J
114 J ’n e’98
D ebenture 6 s............. 1947.1 - J ' ....................
•
•
Gen
gold
4s
series
A
..
1989
J
104% 104%
Roch k P itts 1st g 6s. .1921 F -A .................... 127 M ar’98
127 127
R egistered..................1989 Q105# Feb.’9«
Consol 1st 6 s............1922! J - D *120
......... 123 J ’ly *98) .
123 123
Mil A No 1st M L 6 s.. 1910 J ......... 120
120 M ar *98
Cl A Mab 1st gu g 5 s.. 1943 J - J ......................] 108 A pr’97; .
1st consoles............... 1913 J 120#121
120 J ’ne’98
3 u ff A Southw est. See Erie.
Chic A N orthw —Con 7s. 1915 Q142# 144# 142% J ’ly ’98
Buff A Susq 1st gold 5s.. 19131 A- O ....................
Gold 7s...........................1902 J *113# 114% 113% J ’l y ’98
R egistered.................... 1 9 1 3 A - 0
R egistered..................1902 J "113% .,
118% J ’ne’8~
B u rC R A N 1st 5 s.........1906 J
115 .,
116# 118
114 ..
115
115
io 8 # ...;; 108
* ..109 2....................................
!..................................[I.................... I Sinking fund 5 s .1879-1929
10
108
M' * St -I, -1st .......
gu g47 S
7 IJ-D
R egistered........1879-1929
107# . . . . . 107# 107#
O R I F A N W 1st g 6 s ..’20| A - O; M 05
r w «7
Sinking
fund
deb
5
s...l9
3
3
|l>
T
-\
110# 118# 116# J ’ne’98
ls t g o ld S ......................1921 A -O 104
......... 105 .Tsri.’OH
105 105
R egistered...................193.3 M -V
117 M ar’98
Q h n a d a S o u th 1st 5s. ..1908 J - j[* ;C 9 * 11014:10814 109
107% 111#
25-year d ebenture 5 s.. 190i M -N *108 t i l
108 J ’l y ’98
>1-8 109X 110*1109* 110
105 111
R e g iste re d ................. 1900 M -N
109# M ar’98
R egistered.....................1913 M -8 .................... ...
J a n /9 7
30-year d ebenture 5s.. 1921 A -O * 1 1 4 # ....... 112 May’98
OarbAShawn. SssStLAATH.
R egistered................. 1921 A -O
17% Feb.’98
C arthage A Ad. Sre N YC A H.
E xtension 4 s .... 1886-1926 F - A 1 0 5 # 1 0 7 # 105# J ’ne’98
C R I s F AN. S « B C R A N.
R egistered.......1886-1926 F- A
103 J ’n e’98
C entral Ohio. S m B alt A O.—
Gen gold 3 # s ................ 1987 M-N
102
102
C en R R AHi kg Co of Ga__
R egistered.................. 1987
Collateral gold 5s.........1937 M-N
921) J 'n e ’98
87
93#
Escan
A
L
Sup
1st
6s..
1901
i07%
May’98
106 107%
C ent of Ga Ry—Is tg 5 s ..l9 4 5 F-A t •
1 1 4 * J ‘n e’98
114 119#
Des Mo A Minn 1st 7s. 1907
R e g iste re d ................1948 F-Atl
Iowa Midland 1 s t8 s ... 1900
Consol gold 5 s..............1945IM-N
8 8 * Sale
88*
89
84% 9 2#
W inona A St P e t2 d 7s.l907
R e g iste re d ................1945 M -N .....................
Mil A Mad 1st 6 s.........1905
J a n .’98
117 117
1st p ref Income g 5»... 1945 Oct.4> ......... 30
89 J ’ly *98
4 4#
38
O
tt C F A St P 1st 5 s..1909 M -S
M ar’98
109 109
2d p ref Income g 5 s.... 1946 Oct. J •.
18
13 J ’ly *98,
11
N orth Illinois 1st 5s... 1910
Apr.’98
105 105
!5 #
8d p re f Income * 5 s.... 1945 O ct.t •
5 M ay’08
7*
5
M 1 IL S A W l s t g 6 s ..1921
132# 137
J ’iy ’98
8*
M A N Div l s t g 5 s ....1 9 4 6 J -J l* .
91
92 Jan -’98
92
92
C onvertible deb 5 s.. 1907
105# F e b ’97
Mobile DIV 1st g 5s.. ..1946 J - J .................
98 J ’l y ’98
95% 99
115 ....... 113# J ’ne’98
E x t A Imp s f g 5 s ... 1929
11*3# i*17#
Mid G a A A tl DIt 5 s . .1947 J - J .................
Mich Div Istg o ld 68.1924
130 ....... 134 M ar’98
133 134
C e n to f N J —1st con 7s. 1899 Q -J1 102W
104% J ’n e’9 8 1
104%104%
A
shland
Div
l
s
t
g
6sl925
130
.......
May’98
133
135
1st convertible 7 s....... 1902(M-N
......... U 8t i n £'.07
In co m es......................1911
A pr.’98
112 113
Convertible deb 6s ....1 9 0 8 | m -N ; .................... HOW Feb '98
*1*2*7# ;.*;;;
Chic Rock I A Pac 6 s....191
J ’ne’98
127# 132
General gold 5s.............1987 J - J 112 1 1 2 ^ 1 1 2
l112
f a *#
109#115
R e g iste re d ................ 1917
127# 129
J ’l y ’98
128 131#
R egistered................. 1987 Q -J t, 110 Sale 109# 110
108%114%
D ebenture 5s................ 1921
106% ....... 107% J ’l y ’98
104% 108
Leh A WB C con as 7s. 1000 Q-M| I.
101 101
101
9 9 # 103#
R e g iste re d ................ 1921
M -N *.
4
................................
95
90 J ’n e’98
90
93
General gold 4s........... 1988
103# 103% 103# 103^ 118 *1*02% 105%
Am Dock A Imp Co 5 s .l9 2 l J - J l .
115 J ’ne'98
110 110
103# May’9£
R egistered..................1988
103# 103#
N J South ln t guar 0s.. 1899 J - J .
Des M A F t D 1st 4s. .1905
“go#:::
85
92
92 Feb ’98
Q entral Pacific—
1st
2
#
s
........................1905
Feb.’98
70
...
69# 70#
8peyer A Co ctfs dp A. 1898
•102
108 Feb.’98
103
103
Extension
4
s............1905
M ar’97
8peyer A Co ctfs BCD. 1899
♦1 0 2
103 Feb.’98
103 103
107
Keok A Des M 1st 5 s.. 1923
1 103 109
E x t g 5s series E .........1808 J - J
102
102
S m all...
101% 103#
A p r’97
Speyer A Co ctfs dep E.1900
102
Chlo A St L. See A t T A S F.
Bpeyer A Co c tf FGHI. 1001
102
Chic St L A N O. See 111 Cent.
8an Joaquin B rg 6 s ..,1 9 0 0 ,v
A -O
1 0 2 # J ’ne’98
102#105
Chic St L A P itts. See P a Co.
G uaranteed g 5 s.......... 1939 A Ol
126# 188
Chic St P M AO con 8s.. 1930 J - D 133# 135 133% J ’ne’98
Speyer A Co eng e ta .........I.........I ..........
Ch St P A Min 1st 6 s.. 1918 M-N 1 3 1 # ....... 132 J ’l y ’98
128 133
Land g r a n t gold 5 s . . . . 1900 A - O
.....
103 M ar’98
100#102
Nor W isconsin 1st 6 s..1930 J - J
C A O Div e x tg 5 s ....l9 1 8 J - J .................... # o i
J a n .’98
131% 132 J ’lyV9S
126 132%
101 101
St P A S City 1st g 6s. 1919 A -O
HTO
BMjra racinc
gns..lM9M
- J ...............
W
estern
Pacific
g 0 s.. «
1nee
8 9 9.1
;.I-J
.................... i i104
04 J ’ne’98
101 104
85%
8 6# 72 7 9 #
Chic T er T ransfer g 4s ..1947 J - J
Sale
Nn
. . __
No
of Pnl
Cal 1
1st
gu g e0s. .1907
JV- J. ................... i
106 J ’ne’97
Ch A W est I 1st 8 f g 6s. 1919 M -N
« Guaranteed gold 5s. 1938 A -O 1 0 2 # Sale 102.................
102#
1 117#122#
100 102#
118% 118%
General gold 6s.............1932
*118# .
OentWaah 1st g 0 s t r c t f s l9 3 S ........• 0 5 ^ 75
40 Feb.’98i .
40
Chic A W est Mich Ry 5s. 1921 ? : S
40
Charles A 8av 1st g 7 s.. 1936 J - J .........
Coupons off....................1921
Ohes AO—P M f d g s 0 s .l8 9 8 J - J ......... i..*’’ i'o’iU Tan 98
119 Oct.’97
101# 101# Jin H A D con s f 7 s .. .. 1905 A -O
103# Oct.’97
3d gold 4 # s ................... 1937 J - J
118 120#
oS 2 «*.'#ene8 A ...........118^ J ’ne’98
Gold 6 s . . . . .................. 1911 A-OT 119# 121 119 J’ne’98
3 1 0 7 # 111#
110
Cin D A I 1st gu g 5 s .. 1941 M -N 110 Sale
115#120#
I s t 0 o n s g 5 s ................ 1939 >I-N 114# 115 114# 115
1 I 8 tL AC. See C C C A St L.
111 117
Registered.................1939] M-N I
...............I i u * Feb ’98
113 114# Hn 8 A C. See C C C A St L.
91
J a n .’98
B
ilo# iio#
•N o price Friday; these are la te st old an d asked th is week. T Bonds due July, t Bonds due N or. I Bonds due Ju n e.
OUTSIDE SECURITIES (Givek
at foot of
S tr e e t R a ilw a y s ,
I Bid. Ask. [I
G a s H e cn ri t i o M .
P rov A P aw t’c k -ls t 5s ’38 $105 106
West End —See Boa ton
Rlchm R yA E Iec-lst5 s’20 8 78
81 | W orcester (Mass)Tr-Com
R ochester R y.....................
9
12 S P referred ........................
Con 5s 1930......... AAO
90# 98# j
Scranton T raction........ 50 t 10
NEW YORK.
0 s ........................ ............. 105 108 I Central
Union Gas—
So Side El (Chic)—Stock.
59#
1st 5s 1927.............. JA J
Twin City R T r -C o m . . . .
4v
10
20
l Con Gas (NY)—Stock—N
P r e f e r re d ....................... ......... h 00
Deb 5s 1908........... MAN
Un’d T rA E lec(P ro v )-3 t’lc 60 ! 04
E qult G as...........................
J « t5 ,lo ^
...M A S 3105 107
1st 0s 1899.............FAA
W est Chicago o t ................ 92 I 93 i Con. 58 1932...........MAS
Oon 1936
.........MAN! .................. I M utual Gas.........................
7
3104# 105#
YStk Exch
108 111
3101
3113
335
102#
110
350
New A m sterdam Gas—
C om m on..........................
P r e f..................................
1st consol 5 s...................
N Y A E ast R iver Gas—
1st 5s 1944...............JA J
Consol 5s 1 9 4 5 .....J A J
Nor Un—
1st 5s 1927.............. MAN
Standard Gac—
Common...........................
Do preferrcid...............
1st 5s 1930............ MAN
SECURITIES, &c.
Gas Securities.
Gan Hecuritiee.
Hxch tsb.
17
15
96
95
• Bonds due Jan . i Bonds due May
consecutive pages ).— GAS
30% 3 1#
75# 70#
3102#
110
105
102 %
112
107
138 141
152 157
3110# 114#
Ask.
BROOKLYN.
Brooklyn U» Gas—N Y St ock B xch.
1st con 5s—N Y Stock Rich.
W illiamsburg Gas—1st 6s 3102 103
OTHER CITIES.
Baltimore Consolidat>-Se e Balt. List.
Bay S tate Gas—N Y Stock Exch.
In c o m e s............... .
Boston UnitedGas Bonds- Bosto nLlst
25
Buffalo City Gas—Stock.. 24
1st 5s 1947............AAO 3 95# 96
Burlington (la)G as—Stck
3And interest. tPrice p e r ah
il l
bo nds.
THE
11
H .Y . STO CK E X C H A N G E
W e e k E n d in g J u l y 15 **•*>*
P ric e
F r id a y ,
J u l y 15.
C H R O N I C L E .—BOND PKICES (5 pages) P age 2.
W eek's
R a n g e or ^ 2
L a s t S a le .
4*
Range
fr o m
J a n . 1.
LBid. A s k . L o w H igh..
ig h . N o . j Low . H ig h
J-D
CleareeM A Mah,
HUAP.
Cl Ak H 'e q A 2 d k 0»,. 10 3 0 jF- A
70 J ’ne’08 . . . . j 6 9 * 7 8 *
Cl A Can lo t 5a ir ree... 1V17 J - J
83
O C C A St L—G e n k 4»..10U3 J - V
83 J ‘ne’9H . . . . 89
88
90
Cairo Div ls i gold 4 s ..1939 J - J 86
88 J ’n e’OS . . . .
88
St L Div la t col ir g 4a. 1990 M- N 95
0&$4I 7 9 0 * 08*
»5*
R e g is te re d ,...,. .....1 9 9 0 M- N
90
93
9C M ar’Wtt
8pr A Col Div la tg 4a.l»40(M - S
80
W W Val Dlv 1st g 4». 194u J - J
80 J 'n e ‘08
Cln W'AM Dlv 1st g 4 s .1991 J - J
89
90 Apr.’OH
Cm 1 St L a C l s t i; 4 s.l9 ad O-KI 1 0 0 * ......... 9 9 * May’98 . . . . 9 8 * 101
R egistered . . . . . . . . . . 1030 O-Kt ............................................... ..............................
Consol Os...................1020 II -N
Cln S A Cl eon 1st g 5s. 1928 J
... 1 1 4 OcL'97
Ind B1 A W 1st pf 7a..H um J - J ....... ............|1 0 7 * F e b *97
O ln d A \V 1st pf 5 s... 1938 0 - J t
79
Puo A East 1st con 4a. 1940 A - Oj 78
70
78
78*I
79
14
Incom e 4s.................. 1990 A p r
10
18*
is *
1 8 * Snle
102 10S «
0 1 C C A ln d le t s f 7 s .. .1899 M-N 102 .... 103* J *ly 08
Consol 7»....................... 1914 J - * ! I8 2 * ...... 131* J ’uo’98
1 8 1 * 137
Consol si nkiug f d 7s... 1914 - l> 1 3 1 * 134
General consol gold 6a. 1934 J - J
127* 187«
1 2 7 * May’98
R e g iste re d ....... . . . . . 1 0 3 4 - J
CAS 1st M C C CA 178.1901 A -O
107* OOL‘97
Cl Lor A Wh cou 1st 5s. 1933|A- O
103 May *98
Clev A M arietta. See Pa Rlt.,
Clev A M abon Val g 5s.. 1988,J - J
Registered ................ 1988 Qu-J
Olev A P itts. See Penn Co. !
COI M idl'd— 1st g 2-3-4 s. 1947 J - J
5 9 * J ’n e‘98
53
1st g 4s........................... 1947 '
Col A 9th Av. See Met St Ry.
Col urn A Greeny. See So Ry.
Col H V A Tol—Con g 5s. 1931 M -S
75 Oct.’97
J P M A Co eng cfss $65 pd.
79
79 Sale
79*
General gold 6s .. ..........1904 J - D
05
61 F eb .’98
22*
General lien gold 4 s ... 1990 J - J
R e g iste re d ....... .....1 9 9 6 J - J
Ool A Cln Md. See B A O.
Col Coun A Term . See N&W
Conn A Pas Rlvs 1st g 4 s .’43 A -O
ak A G t 80. See C M A StP.
alias A Waco. See M KAT.
.Del Lack A W estern 7 b.. 1907 M -S
122 A pr.’98
123 128
Syr Bing A N Y 1st 7s. 1Hud A - O
1 2 7 * 1 2 5 * M a r’98
1 2 5 * 125*
M orns A E ssex 1st 7s. 1914 M -N
1 3 7 * 144
14 0 J ’l y ’98
7 a ........................ .....1 9 0 0 1J - J
109 Nov’97
7 s . . . .................. 1871-1901 A -O
107 113*
110* J ’ue’98
lfltc o u g u a r 7 s.........1915 J - D
139 J ’n e’98
136 142*
R eg istered ............. 1 9 1 5 'J - D
N T I>ack A W 1st 8s . . 1931 •J - J
186§g J ’l y ’98
1 3 6 * 138*
C onstruction 5 s....... 1928 F - A
1 1 8 * Nov’V
W arren 2d 7a.................1900 A- 1)
Del A H ud 1st P a Dlv 7s. 1917 M -S
143 143
14S May’9 8
Regist »red.................. 1917 M - S
143 M ay’97
Alb & 3 .s 1st con gu 7s 1906 A -O
120* 125*
. 125* 1 2 3 * J ’ne’98
R egistered.................. 1906 A - O
Gold 6s .................. ...1 9 0 6 A - 0 *115
115 J ’u e’98
.110 118*
R egistered............... 1906
117 117
117 Feb.‘98
B ens A Sar l s t ? a ........ 1921 M-N *142 ; ....... 1 4 8 * A ug’l
R e g iste re d ............ ..1921 M-N
141 M ay’98
Del Ui v RK Bge. See P a R lt.
D en Con T r Co lB tg 5s . . l «33 A -O
Den Tram Co cou g 68.1910 J - J
Met. Ry Co 1st gu g 6s. 1911 J - J
Deu A R G r 1st gold 7 s .. 1900 M- N T08
108 j ’l y ’98
108 1 1 0 *
1st cong 4 s.................... 1930 J - J
111 8 7 * 9 5 *
94 Sale
93*
94
3 8 5 * 93
Im provem ent gold 5s,lU 28 J - D
91 %
91%
Do* M & F t D. See C R A I P.
Dea 51A Minn. See Cb A N W.
Des M Uu Ry 1st g 5 g .. .1917 M-N
9 9 * J ’n e’98
97 100
D el MATol. See L 8 A M So.
D el A Mack 1st lien g 4s. 1995 J - D
80
Gold 4 s . . . , ............. ....1 9 9 5 J - D 50
105* 1 0 5 * J ’l y ’98
Dul A Iron Range 1 st5s. 1937 A- O
104 n o *
R eg istered ............ . 1937 A -O
2d lien m ortgage 6s .. . 1916 J - J
Dal Red W A 8 1st g 5s. 1928 J - J
92* 92*
9 2 * F e b .’98
Dul So Shore A A t g 5s. 1937 J - J
107 J ’n e’08
101 107
i'ast of Minn. SeeStPM&M.
■Jast T Vu A Ga. See.80 Ry.
Ellz Lex A B 8. See C, A 0 .
Elm Cort A No. Sr e Leh ANY.
Erie 1st e xt g 4 s . . . . . . , , .1947 M-N 111* 114 1 1 2 * J ’l y ’98
112 116
2d e x t gold 5s.............1 9 1 9 M -S 11T ........ 1 1 7 * J ’n e’OH
116*117*
8d e x t gold 4 * s ............1923 M -8 1 12 ... 111* J ’n e’98
108 i n *
4th e x t gold 5 s ............1920 A -O n o * ..... 117 J ’n e’US
ns ns
5th e x t gold 4 a .,, ...,,1 9 2 8 J - D T02 ____ 1 0 4 * J ’n e ’98
104*105
1st consol gold 7 a ..,.. 1920 M -S .........148
14 1 .J’ne'98
138 147*
1st consol gold Id 7 s .. 1920 M -S
) May’98
140 143
Long Dock con gold 8s. 1935 A -O
, 139
133* 189
f J ‘l v ’98
BoffN Y & E rie lst7B .1916 J - D
I J'n e '9 8
183 133 1
Buff A S W gold 6s . . .. 19U8 J - J
S m a ll................... .............. J - J
Jeff HR 1st gu gold 5s. 1909 A-O 3 104
106 106
106 F eb .’«8
Cblc A Erie 1s t g 5 s... 1982 M -N 1 1 0 * ......... I l l * J ’ly ’98
108 113
Coal A R lt 1st c gu 6s. 1922 M -N
Dock A Imp 1st c u r8s. 1 9 1;s ,1 - J
N Y A Green L g u g 5 b. 1946 M -N 106
1 0 5 * Oct.*97
Sm all.............. ........................
B rie 1st cou g 4s p r b d s.l9 9 6 J - J
89 8 4 * 03
91
92
9 1 * Sale
R egistered................. 1996 J - J
ls to o n gen lien g 4 s .... 19901J - J
74
06
7 3 * 73%
R egistered...................1996 J - J
N Y 8 4 W—1st re f 6s. 1937 ,1 - J
109% 108 J ’n e’98
99 10X*
93
2d gold 4 * s ................ 1937 F -A
92
92
8 4 * 92
93
General g 5 s............... 1940 F - A
83
98
92
Sale
Term inal 1st g Be... .1943 M-N
110 A p r.'98
110 111$,
Regia $5,000 each. 1943 M-N
WllltA Easl s tg u g 5s 194 2 J - D
9 3 * 101*,
9 8 * J ’l y '98
98
Mid RKofNJ latgO slO lO A - O *120 122* 120 J ’i y ’98
114*121
Baoau A L Bup. See C A N W.
B nreka Springs 1st g 0». 1933IF -A * 00
05 Nov'97
65
fcv A T H 1st con 6s.......1 9 2 1 J - J 114
112
118 J ’ne’98
118
1st general gold 5 s .... 1942 A -O
82
86 J ’l y '08
8 0*
M t V ernon 1st 6s .........1923 A -O
Bull t o Br'cb ls tg 5 » .. 19301A-O
E vA Indlst, con gu g 0s . 1920 J - j
7 7 * 78
7 7 * Fob.'98
Fargo & 80. See Ch M A St P. I
BONDS.
N .Y . ST O C K E X C H A N G E
j W e e k E n d in g J u l y 15
£*8
P ric e
F r id a y ,
J u l y 15.
I
W eek's
Range or
L a s t Sale.
B id . A sk . Low . H ig h .
114 ......... 114
115
93
Ui
93 Sale
......... 91
01
91
Flu Ceil A Pen 1st g 5 s , . 1918 .J - J •103 .........
I 1st land gr ext gold 5a. 198o J. - J ♦100 .........
I Consol gold 6 s..............1943 J - J 1• 95 .........
! F t S A V B Bge. See StLASF.
Fort St U l> Co 1st g 4 * a 1941 J - J I'♦105
105 M ar *98
F t W A t) C—1st g 4-0s. 1931 |J - I)
75
75*
F t W A Rio Gr I at g 3*4 *, 1938 J - J
58
60
60 M ay’08
- Fulton Kiev. See Kings Co El.
/ 'J.al lia r A S A. See 8 P Co.
VX*1 UAH of *83 1st 5*1013 A -O ♦ 9 1 * 93
92
92
Ga A A la Ry 1st p f g 5s. 1945 A- O ♦102 ......... 103 A ug’07
Ga Car A No 1st gu g 5s. 1929 J - J ♦ 92 ......... 92 J ’l y ’08
Georgia Pactdc. See 80 Ry.
Grand Rap A lnd. See Pa Co.
an A St J . See C B A Q.
ousatonlc. See NYN1IA1I.
H o u st E A W T 1s t g 5s. 1933 M-N
91 Sole
91
01*
Uous A Tex Con. See So P Co.
llinois Cent l s t g 4 s ... 1951 f - J ♦100 ......... 115 M a r’08
R eg istered ............... 1951 jJ - J ♦109 111 108* J ’ue’98
la t gold 3 * s ............ ...1051 J - J *103 ......... 105 M ar’98
R egistered...........1 9 5 1 J - J *103 104* 102* A pr/98
1st gold 3s s te rlin g .. . . 1051 M - 8
R egistered................. 1951 M - S
Coll T ru st gold 4 s . . . . . 1952 A - U *103 ......... 104 J ’l y ’08
R egistered................. 1952 A - O
103 A pr.’Oa
L N O A T ex gold 4 s .. 1953 M - N
101* 101*
R eg istered ................ 1953 |M-N
101 M ar’93
Coll tr 2-10 gold 4 s .... 19041J - J
99 Sep. *97
R egistered ................ 10011J - J
W estern Line 1st g 4s. 1951 F - A
105 J ’ly ’98
Regist e r e d ..............1951 F - A
Lo-dsville Div g 3 * s . 1953 .1 - J
u a jj
B in
R egistered . . . . . . . . . . 1953 J - J
St Louis Div g 3 s.......1951 J - J • 02
98
R e g is te re d ............... 1 951 J - J
82
Gold 3 * 8 ................... 1951 J - .1
R egiH tered............ 1951 J - J
95 .........
Cairo Bridge gold 4a. .1950 J - I >
Registered . . . . . . . . . . 1950 J - D
Middle Dlv reg 5 s ., .. . 1921 F- A
Spring Div 1 st g 3 * s .l9 5 1 J - J
R e g iste re d ............. ..1951 J - J
Chic St L A N U g 5s. .19o 1 J - D 1 2 1 * ......... 1 2 1 * J ’i y ’08
R egistered ................ 1951 J - D
1 1 8 * A p r’97
Gold 3 * s . ................ 10511J - D
R e g iste re d ............19511J - D
Mem Div 1st g 4 s .. .. 1951 Ij - D "103* 104* 1 0 3 * J a n .’08
R egistered.......... 19511,1 - D
Bellev A Car 1st 6s. ...1 0 2 3 J - D i i o * .........
St L Sou 1st gu g 4 s... 3 931 51- S 90 . . . . . . 90 N ov’97
Carb & S 1st g 4a.........1932 M - S
90
Ind B1 A W. See 0 C C A S t L.
ln d Dec A W l s t g 5 s .. ..1935 J - J 101 102 * 1 0 0 * J ’l y ’08
Ind 111 A la 1st gold 4 s .. 1939 J - D
90
86 Jan,’9t>
1st e x t gold 5 s .. . . . . . . . 1943 M - 8 100
I n t A G t No lBt gold 6s. 1919 M- N 120
118 J ’n e’98
2d gold 5a...................... 1909 M -S
86
87
88
87
3d gold 4s.......... ...........1021 M -S
58
60
56
Iow a C entral lst.gold5s.1938 J - D 102" Sale 101
102
Iow a Midland. See Ch A N W.
Jefferson RR. See Erie,
a lA A G R . See I j 8 A M 8.
an A Mich. See Tol A O C.
ICC A MRAB 1s tg u g 5 s . 1920 A -O
95 ....... .
K C P AG 1st A col g 5s-1923 A - 0
7 3 * Sale
68*
Kan C A Pac. See M K A T.
K ansas Mid. See S t L A S F
K entucky Cent. See L A N,
Kook A Des M. See C R I A P.
Kings Co El ser A 1st g 5s ’25 . J - J
55*
5 5 * Sale
57
Fill El 1st gu g 5 b se r A. ’29 M -S
40
49
50
49
K noxville & Ohio. See So Ry
ake Erie A W 1st g 5 b. 1937 J - J
110 May’98
-i 2d gold 5 s.................. 1941 J - J
101 * 104* J ’ne’98
N orth Ohio 1st gu 5 s .. 1945 A -O
, 101
102 J ’ne'98
Lake Shore A Micb South—
Det. Mon & Tol 1st 7s. 1906 F -A
, 127 121 A pr.’98
Lake Shore dlvld 7 s ... 1800 A -O 103
J 06* F e b /9 8
ConBol let 7 s . . . . . . . . 1900 J - J 105% .
109 May’98
R e g iste re d ....... ...1 9 0 0
105*.
105* J ’n e’ON
Consol 2d 7a....... .
1003 "-i) 116* .
115* J 'n e ’9-*
R egistered............... 1903 J - D ‘115
115* J ’n e’98
Gold S * s .................. 199 J - D
. 104* 104* 104*
R eg istered ............. 1997 J - D
108 M ar’98
CinASp 1st guL SAM 8 7s 0 A -O
1 0 8 * D eo’97
K A A G R lat gu c5s. 1938 J - J
M ahon Coal RR 1st 5 a. *34 J - J
125 Deo ’*97
Leh Val (P a) coll g 5s .1907 M-N
R e g iste re d ...................1997 M-N
Leh V N Y l s t g u g 4 * s . . 1940 J - J
102 * 102* J ’l y ’08
R egistered .................... 1940
J
Leh V T er Ry la tg u g 5sl941
107 A pr.’OS
D no* .
R e g iste re d .................... 1941 A -O
100* J ’l y ’07
L V Coal Co 1 st gu g 5a.. 1983 J - J
9 2 * M ar’08
R egistered......................1033 J - J
Leh A N Y 1st gn g 4a, ..1946 M -S
' 92* ’ F eb.’98
R egistered.................... ,1945 M -S
El C AN l s t g 1st pf 0s. 1914 A -O
Gold guar 5s............... 1914 A -O
101 Sep.’97
Leh A Wilkesb. See Cent. NJLeroy A Caney Val. See Mo P.
Lex Av A P F. See Met St Ry.
Lifcch Car A W l s t g 0 s,, 1916 J - J
L ittle RAM cm l s t g 5s 1037 >
T ru st Co oortfs................... $
Long Dock. See Erie.
Long Island—
1st con g 5s............ . 1931
120* 1 1 9 * J ’n e’98
1st con g 4 s ..................1931 Q -J§
80
General gold 4 s.......... 1988Li - u
yo J ’n e’98
Ferry 1st gold 4 * 8 . .. . 1922jM -S 82
8 0 * A pr.'98
Gold 4s.......................... 1932 J - D
D ebenture gold 5s.......1934 J - D
N V A R B t s t g 5 s ., , . 1027 M -S
100 M ay’9'
2d iuoom e................. 1927 S e n
N Y B A M B con u 5 » .. 10H5'A- O
107* Dee *97
in t A Pore M g 6 s .. . .1930 A. O
consol gold 6 a .... 1939 !
P1st
. P t H uron Dlv 1st g 5s. 193v .
S“I
D
i
• No price F rid a y ; th ese are la test bid and asked this week.
[y ou
H
lxvu.
R angt.
fr o m
Jan. 1
1 i
No
Low. H ig h
7 1 L0 117
7 85
95
92*.
6 , 83
105 105
154,/ 05
7SU.
....
5 4 « B«h
2
24
8SX 98H
92
92
88
01*,
1 13*115
,108* 1 0 8 *
105 105
101 102*
I
***8
100 104
103 108
97*102*
101 101
....
101
18
9m
105
9j h
....................
U 6 H ia sj«
103*103*
97
86
104
88
116
78
44
97
123*
05
81*
40
35
50
49
115
05
100
117k
1047£
102
90
60
108*,
K
I
t Bonds due A ugust,
4 Bonds due April.
| Bonds due Jan u ary .
121 121
106 10«k
107 110
IU5>4
1 15% 190k,
1 15% 1 1 9 *
102 100*
103 105
90
104*
07
118*.
9 2 * *92*
93
93
117
120
85*
86*
V0
90
I Bonds due July,
O U T S I D E S E C U R I T I E S ( G n n w at foot of 7 oonsboutive p a s e s ).— G A S S E C U R IT IE S , £c
(I n n 8 e c o r t i l e « ,
Bid. Ask.
O banesion (8 C) G a s...25 f ......... 18
Chicago Consumer* la t 5s
104
Chicago Qua—See N Y 8to ck K x OIL.
Cincinnati Gas A C oke...
30
jity Gus (Norfolk Vb ). . ..
la t 0»..............................
98
Columbus (O) Gas—Stock
S5
1st 5s 1032............... JAJ l 99
Cocsolidat Gas (Ball) See Balt L
Oonsolld Gas (N J> —Stok
18
80
l«t Sb 1«30.............. J .V
194*
38
105
*0*
10a
1st.
21
83
Bid.
D » s Hern r ill eg.
Con sum Gas (J C ity)- -Stk 71
1st Os....................... MAN 100
D etro it Gas—s', r NY 8to e k List..
Consol 5s 1018—See N Y. Ex.
Incom e 5 s ...................
00
D enver Consolidated G m
F o rt W ayne (Ind)—Sto :k 74
1st, 0s 1025............... JAJ 80
G rand Rapids—Stock.......
7fl«
1st 5s 1915............. FA A § 09
Hartford (Ct.) Gas L ... 25 t 42
Indiana NafADlGas—Slk 57
”9
1st, f'e 1 ^ 0 8 .........MAN
Ask.
78
102*
List.
95
77
88
79
101
45
60
vr>
Bid. Ask.
D an
rlr» e n .
G ieh S o c iirltip w .
IndmnupoMs Gas—Stock. 115 125
New Orleans Gas L ig h t..
1st 0s 1920..........M A N 104 106
Ohio A Indtanur—S to ck ...
Jersey City Gas L ight.
1st 0 b 1020 ............. JAD
100
Laclede Ga*—N Y Stock Bxch.
Peoples Gao A Coke—N Y
L afayette (ln d ) GaB—Stk
77
80
Philadelphia C o ........... 50
1st 0 b 1924.......... MAN 88
01
P ittsb u rg G as............,.50
L oganspt A W ab Y al—Stk 50
60
New 5 s.............................
1st 0s 1925 .................... ......................
7 2 * 75 JADPortland (Me) Gas L...50
..... 90 StJosoph ( M o ) . .. ,. .. ., ,.
Louisville Gas L ig h t..
Madison (17 Is) Gas—Stck
00
5s 1037.............
J&J
55
1st 08 1 9 *£j ...........A AO $ 9 8 * 101
8 t Paul Gas—Stock. . . . . . .
Memphis G as...............
Consol 5s 1944 ... ,M&8
f)fl« flu 1018
XIAO ding in 5
3 A nd I n te r e s t, fP rlc o
Bid.
105^
GO
0m
Stock
Ask.
no*
50
72
Exoh
tl8 5
105 100
90
t 85
33
38
87
90
43
45
{77
80
per sb are.
J u l y 16, 1898.]_______
BONDS
H .Y. S T O C K E X C H A N G E
W e e k E n d in g J u l y 15.
Long Island (Con.)
Bklyn A Mon 1st g 0s. 1911
1st 5s.........................1911
Nor Shb lstcou g g u 5 s..’32
N Y Bay Kx R ls tg u g 5 s ’43
Montauk Ex gu g 5 s...1945
L* A Mo Kiv. See Chi A Alt.
LIS A St L Con eng 5s. 1939. /
Tr Co certs.........................)
General gold 4s........... 1943 M Loa ANash—Cecel Br 7s 190?
THE
C H R O N I C L E .—BOND PRICES (5 pages)
Price
F r id a y ,
J u ly 15.
B id.
W eeks
Range or
L a sl Sale.
x .
Banffc
fro m
Jan. 1 .
!!!.’ ! ! " ! ! !
.................
.................
33
40
33% J ‘ne’98
88
86
.................
100 ...... 106 Nov’07
*121 12H4 124% May’98
jsioji 124
107 J ’ne’Ofc
107 1072
E H & Nash ls t g 0s...1910 J - J 112 ........ 113% J ’ne’98
i t s 117”
General gold 0s........... 1930 J 116% 118 ;118 J ’l y ’98
H 6 H 180J^
Pensacola div gold 0s. 1920 M103% Sep.’07
.................. 121 J ’ly ’97
L div ls t g 0s..........1921 -11ad gold 3s.................198o 31Naah A Dec 1st 7a.......1900 J - .
f105 J ’ly ’93
105 105
Sink fd (SAA) g 0s. ...1910 A - '
S A N A con gu g 5s--- 1930 F- i *........ 1 0 0 % 1 0 0 % 10094
H 04 in i
104 Sale ,101
104
3 100%104%
Unified g 4s................ 1940 J ■
S8 % ........ 8 8
38% 51 | 83
91%
Registered...............1940 J 104 110 105 J’ne’98
1 96 H io’S
*102 105 103 J ’ne’9S
J0 1 « 108V
108 May’98
108 108
N Fla a S lstg u g 5s ..193? F- k w • : :: : :: 05 J ’ly ’98
87^ 95
Kentucky Cent g 4s...l9 8 ? J ........ 90
85 Apr/98
85
91
L C in A L e x g 4% s... .1931 M103 Jan.’98
1103 108
L A Jeff Bge Co gu g 4s. 1945 31L N A A-C. Nee C 1 A L.
Louis Ry Co 1st con g5s.l930 J - I .................. 109 Mar’98
!103 109
ahon Coal. See L S A M S.
auhattan Ry con 4s. 100U|A- 1* 95
95% 05%
95%
7 90
9814
Metropol El 1st g 0s...1908!J 110
1 1 0 % 116 J’l y ’98
tl4H119J4
2d 0s......................... 1899 M103% Sale 102% 103% " 4 101 105
Man 8 W Colont* g 5s... 1934 J Market S tC Ry ls t g 0S.1913 J MoK’pt A B V. See P McKAYV
Metropolitan El. See Man Ky.
Met St Ry gen o tr g 5s.. 190? F - I 114% Sale 114
114%
108H U 6 H
Bw ayA 7thA vlstcg 5a. 19431J - | 118% 12 0 119% J ’ne’9H
111414 12214
120% 1 2 i
120% 120%
b U 0 i'23%
M
110% 122
Equip A coll g 5s........ 191? A Mex Internet 1st con g 4a.'77 MMex Nat 1st gold 0s...... 192? J 2d Inc 0s A Cp Btrnpd. 1017 M-:
2d income gold 6s B ..19 17 An
Mex North 1st gold 6s. .1910 J -
120
J’ly ’98
117
123%!
03
Apr.’98
68
6614
70% Sale " H h
..................
" i i h ”66
70% "76%
"l’S " J'iy v97
97 F eb'97
;;;;;;
P rice
BONDS.
A sk Low. H igh No. Low.High.
P age
3.
115
Week's
Range
'rom
F riday,
Range or
N. Y . S TO C K E X C H A N G E
J u ly lb . L a si Salt.
W e e k E n d in g J u l y 15. ■ !«
Bid. A sk. Low. High■.
Montauk Ext. See Long Is.
Morgan’s La A T. See S P Co.
Morris A Essex. See Del LAW
A St L ls i7 s .T 3 J - J 128 ...
N ash2dChat
0»...................... lyol J -J *102% ... .. 131% May’98
105% Nov’97
let con gold 5s............1028 A - O • iuvj 102% 102%
102%
1st 0s T A P b..............1917 J - J 112 ... **
1st 0s McM M W & Al. 1917 J - J 113 11
1st gold Os Jasper Bch.1023 J - J 112 ...
Nash Flor & Shef. See L & N
New H AD . S eeN Y N H A H
N J June RR. See N Y Cent.
N J Southern. See Cent N J.
New A Cin Bdge. See Penn Co
N O A N E prior lieu g 0s. 19 15 A-OY
N Y B A Man Bch. See L 1.
N Y Bay Exten RR. See L 1.
N Y Cent A Hud R—
1st 7s............................1903 .1 - J 11534 116% 115% 1 10
Registered............... 1903 J - J 115 116*4
J ’ne’98
Debenture 5sof. 1884-1904 M- 54 u o % ....... 115%
J’ne’98
Registered__1884-1904 M -S 110% Sale 110%
110% 110%
Reg deb 5s o f .. .1889-1904 M -S 11 0 % ...... 109%
Sep.’9 i
Debenture g 4 s.. 1890-1905 J - D 104*4..... 104% J’ne’98
Registered...... 1890-1905 J - D 1 0 4 % .......
Feb.’9K
Debt certs ext g 4s__1905 31-N 1 0 4 % ....... 104%
Registered.................1905 31-N 104%...... 104% JMy’98
J’ne’98
G 3% s........................... 1997 J - J 1«'5 ....... 104%
J’ne’98
Registered................ 1997 J J '1 0 4 % ....... 107
J’l y ’98
Lake Shore col g 3%s 1998 F
_ - A_ ........ 95 104%
94%
95
Registered.............. 1 998 F - A ...... 91% 95 J’ly ’98
Mich Ceut coll g 3%s.. 19981F - A ...... 03% 93%
94
Registered............... 1998 F - A
Harlem 1st 7s............. 1900 31-N 107% .
107% J’ne’98
Registered................1900 31-N 107 .
107% J ’ne’9«
N J June R gu 1st 4s .1980 F -A
103 May’97
Registered............... 1980 F - A
West Shore 1st 4s gu .2301 J -J 108% Sale 108% 108%
Registered................2301 J -J 108 Sale 107% 107%
Beech Crk 1st gu g 4s. 1930 J - J
108% Nov’97
Registered................1930 J - J
106 J’ne’98
2d gu gold 5s............1930 J - J
Registered................ 1930 J - J
Clearfield Bitum Coal Corp
ls t s fin tg u g 4 s s e r A .’40 J - J
80 Nov’97
Small bonds series B. .’40 J - J
Gouv A Oswe 1st gu g 5s.’42 J - D
R W AOgcou lste x t5 s.’22 A-O* 123 Sale
Nor A Mont 1st gu g 5s.’ 10 A - (J
R W A O T R lstg u g 5 s. 18 31-N
Oswe A R 2d gu g 5 s ..1915 F-A§
Utica A Blk Riv gu g 4a.’22 J - J
107% J’ne’97
Moh A Mai 1st gu g 4s. 199 1 M- S
Cart A Ad ls tg u g 4s. 1981 J - D
N Y A Put lstcon gu g4 s.’93 A- O
N Y A North ls tg 5s. .1927 A- O 1 23 120 123 J’ne’98
r Y Chic A St L ls t g 48.103? A- O 105% Sale 105% 105%
Registered .................. 1937 A- O
104 Apr.’98
Aon.
1.
Low.High.
128
181%
ioo“ iot“
113% 119%
113% 119~
106 112
100 111%
102 103
104% 104%
100% 105%
104 105
107 107
104% 104%
94
95
95
95
91% 04
107% 109%
107%109%
102%110%
101% 110
100 100
119% 123
123 12b
100 107%
104 104a
112 J ’ne’98
116 1 1 5 %
*........ 107 102% May’98
102% 106%! 1
5N Y C A Hud.
122 Feb. *98
122 123 1
See D L A VV
5 s . . . . ............................... 1931 31:::::: 121% J’ue’ 98
121 127 l| N Y L E & W. See Erie.
R eglstered.................. 1931 O-.1
125% Jan.'98
125%125%
4»...................................... 1940 J .................. 106 Feb.’98
1«»« 100
R egistered..................1940 J 108 Jan.'96
108 108 ||
J -D
104% Oct.’9?
Bat C A Star 1st gu g 3s ’89 J - i *........ 87
A- O
157% J’ne’98
145 157%
Mid of N J. See N Y Sua A W
..................
Small certfs $ 100...........
153 J’ne’98
145 153
Mil El RyA L3«)-yrg 5s. 1920 FHousatonic R con g 5s. 1937 M-N
125% F eb’9?
M L 8 A W. Set Chic A N \V
N H A Derby con 5 s.. .1918 31-N
Mil A Mad. See Chic A N W
N Y A N E 1st 7s........1905 _J - J
. 120% 119 Feb.’ 98
MU A North. See Ch M A 3t P
1st 0s........................1905 J - j
, llo% 114 May’97
Mil A 8t P. See Ch M A 8t P
Min A 8t L gu. See B C R A N
100%100%
J
D
108 109
100% 106%
Mlun A 8 tL —l s t g 7s ..192? J 143 J*ly ’97
Refunding 1st g 4 s .... 1992 M-S! 99% Sale
90 102%
99
100
lat cons gold fts .........1984 M -. • i‘0 0 % 107 107
107 “ 3 ..................!
iue% tutt% 1
Regia *o,000 only... 1902 M-SII
Iowa ex 1st gold 7 s ... 1909 J 127 Nov*97
I
Y
a Put. See N Y C 4 U .
South West ex 1st g 7 s .’ 10 J - 1
r Y A R B. See Long lsl.
Pacific ex 1st gold 0s .1921 A r Y S A W. See Ene.
M A P 1st 5s at 4s lot g u ..’S0 J - J
Y Tex A M. See So Pac Co.
...................
M 8SMAA 1st g 4s tnt g u .’2rt J - J
orth Illinois. See Chi AN W.
M 8tPA8SM c o n g 4 sln tg u ’38i J - J
orth Ohio. See L Erie A W.
Minn 8 t Ry 1st con g 5s. 1919 J - J
Minn Un. See St P M A M.
Gen 1st Kit A L G sf g0s.’21 J - J 112% 115 112% 112%
112 119%
M oK anA T ex—Istg 4 s .l9 9 0 J
90% Sale 1 39%
90%' 69 82% 01%
Registered.........
1921 J - J 112%..... 110 J ’ne’98
112 119
2d gold 4 b.....................1090 F-A;
08 Sale 1 64
67 '1052 57
07% i 8t P A N P gen g 0s...1923 F -A *12? ..... 124 J ’ne’98
124 126
1st exten gold 5s.........1944 M- > *........ 88 I 83% Jan ’ 9*
83% 83% I
Registered ctfs........ 1923 Q- F *127 ........ 127
5 124% 127
127
M K A T o?T ls tg u g 5 s .'4 2 M- .*• 32
82% j 82%
88% 571 80
85%! Prior lien r A 1 g g 4s. .1997 0 - J
07%
98% 152 90% 98%
98% Sale
K C A Pac 1st u 4a----100o F- A
73
74 [ 72%
70% 14 71
75%
Registered.................1997
03
97%
93% May’98
Dal A Wa 1st gu g 5s. 1040 VI-N
80 May’ 9«;
75
84% General lien g 3s........ 2047 3--/t 03% Sale
57
64
03
04
Buonev B dgC ogug 7 s..'06 V
• i o o " !!!.’ !! ......................
Registered ...............204?
Tebo A Neosho lst? s. 1903 J - D *105 ........
or Pac Ter Co 1st g 08.193 n
104 113%
110% J’l y ’ 98
Mo K A E 1st gu g 5s. ..1942 A - O 99
00% 90%
99%
93% 99% or Ry Cal. See Cent Pac.
Mo Pae—1st con g 0s. ..1020 VI-N 103% Sale ! 103
103% 84? 93 103%! or Wls. See C St P M A O.
8d 7s...............................1000 VI- N n o ........ i 112
112
51 103% 112
102 105
31-N ioa ...... 102 J’ne’98
Trust g 5 s..................... 1917 M-8t 80 Sale
78
80 141 05% 80 ;
31-N 121% Sale 121% 121%
120 125%
R egistered................ 1917 M-8t
New River ls tg 0s....1982 A - O 120 ..... IIS M ar’9*
118 118
ls tc o ll gold 5a............ 1920 F- a
70 Sale ! 72%
76%
76% 103! 00
Imprvmt A ext g 0s... 1934 F - A *112 ..... 11? Feb.’9
117 119%
R egistered................ 1920 K- A
C C A T 1st gu g 5s__1922 J - J 105 ....... 101 F eb’9
P*o H of Mo ls te x g 4 s .'3 » F- A 1 0 4 “ !!!!!!! 103% .T’|yV98
in o " io« * j Solo VAN E lstgu g4s. 1989
82
89
89
89
........ 90
2<1«xtsuded gold 5s. 193H; j _ ,| *107 100 |106% J ’l y ’981 ;;;; 105% 109 ! N A W Ry lBtcong 4s. 1990 M-N
74% 85
81% Sale
81%
82%
A-O
I Yard V l A W l s t g 5a. '26 31 -8
R
egistered...............
1990
A-O
•
8m all........................ 1990 A-O
107% l i0% ?for A Mont. See N. Y.Cent.
108 May’W^
2d ext g os...............1947 31-N j 100% Sale *' 106% 106% *1 2 102% 100% i ' \g A L Ch 1st con 0s.. 1020 A -O
Ark Branch ext g 5s. 1935; J - I);
10 6 J ’ne’98
102 108
"
Income....................1920 A -O
Gen con ry A Id grt g 5a ’3 1 A -O ’ 97% Sale
98%
99 305 80
99
ncorne small.................... A -O
* 90% 97% 07
5 80
07 C) Ind A W. See C C C A St L.
97
<*i*s Rlv Bdge. SeeCbioAAIt
C>hio A Miss. See BAO SW.
MobABlrm prior lien g 5s.’ 45 J ■
• 7 0 ........
.................. c>hto River RR ls t g 5s..l93( J - D
102 Jan.’9S
Small................................ j .
......
General gold 5s............193' A -O
75
* 20 ........
83% J ’ne’98
.)hio Southern 1st g 0s..1921 J - D
83
Small..............................
14% Feb.’0*
General gold 4s.......... 1921 31-N
Mob A Ohio new gold 6s. .'2 I - I) i ’20 120% 120 " 120
10 J’ne’98
Eng Tr Co certfs............
5 il8 % 123
1st extension gold 0s. 102? QIS*
*112 . . . . . . 119 D ec’ 97
78%
78%
78% Sale
J -J
General gold 4a.......... 193« M
80% C
77%
78
10 70
See So Pac Co.
111 118
110 J’ne’98
C
* 09 100% 100
100
J-J
3 97%100
89
97
95% 96% 9«%
96%
• 8 5 ........
J -D
Mohawk A Mai. See S Y C A H
118 127%
127
F -A 127 Sale 127
jC
M mougahela Rlv. See B A D
121 121
121 J’ne’98
Utah A Nor 1st 7s., .1908 J - J
Mont Cent. See 8t P M * M |
102 May’97
Gold 5s............... .1926 J - J
” 9 7 “ .’ !!!!!
•Nopnoa Friday, tn eseare latest bid aad asked m is weak,
OUTSID E S ECU RITIES
(Inn H#»cnrlrl«**.
Syracuse Gas—Stock......
1st 5s 1946..............JA.J
Western Gas( Mllw)—Stck
5s—See N Y Slock Exch
T e ie g . A T e le p li.
American I)lst Tele—NY
American Tel A Cab—NY
Central A South Araer__
Cbes A Poto Teleph—Slk
B<md 5s.........................
Commercial Cable...........
Coinmer Union Tel (NY).
Kn* -Oftfe Tel..
(G
iv e s t
a t
t Bonds due Jau. t Bonds due Juiy.
eoot
of
Bid. Ask. 11 T e ie g . <fc T flr p h , 09
08
1.044 l r‘H j Erie Teieg A Telephone86
Franklin ........................... 40
89
112
! Gold A Stock............ .
90
Bonds..........................
70
I Hudson River Telephone 74
Internatlon Ocean.......... 108
Mexican Telegraph......... 195 200
102% 103 I Mexican Telephone— 10 •54 •58
00 , New Eng Telep—See Boat on list
62
103 100 ! Northwestern Telegraph. 111
150_ 151
100 180 j: N Y A N J Telephone —
112 115 ! 5* 1020 ................. JAJ 107
72
70
78 11 Pacific A Atlantic.........
7
c o n s e c u t iv e
l B inds due Juns
p a g e s
).—
» B >uds due May.
Bonds due N ot.
T E L . & E L E C T R IC , &c.
T e ie g . A T e le p h .
Southern A Atlantic
West’n Union Teieg—N Y
Bid. Ask.
H5
Exch
E lectric C om panies.
Alle/heny Co Light Co...
Brush Electric Co...........
Br dgp'T. (Ct) El Lt Co.25
Consol Electric Storage.
Eddy Electric Mfg Co..25
Edison El HI Co NY—N Y
Edison El Til Co Brk—N Y
Edison Ore Milling Co....
Edison Storage Co...........
130 140
35
45
t 40
18
20
f ........ 13
Stock Exch
Stock Exch
12
15
22
23
Bid. Ask.
E le c tric Cnm punf **h
Electro-Pneumatic..........
Fort Wayne Elec. C o ..25 t
General Electric Co—N Y
Do pref.—See Boston 1,
Hartford (Ct) Elec Lt Co.
Ilartf’d(Ci) LtAPowCo25
1
2
1%
4
Stock Exch
1st.
115 125
t 4
7
Do preferred.................
43
Narragan. (Prov)El Co.50 t 80
New Hav (Ct^ Elec Lt Co 100
t Price per share.
45
87
THE
n o
BONDS
??
* .Y . STO CK E X C H A N G E
W e e k E s d i s o J d l y IS .
C I I I I O N I C L K —BOND PRICES (5 pages) P age 4.
Price
F rid a y ,
J u ly I d.
Week’s
R ange or
L a st Sale.
2?
! R ange.
Pricc
BO N D S.
I
F rid a y,
N .Y. S TO C K E X C H A N G E S T | Ju lt/ 1 o
W e e k E nding J u l y 15. j
from
j J a n . 1.
[vol.
l x v ii .
Week’s
*§3 * 11 Range
R ange or 5 s 1' from
L a si Sale, sj** ' J a n , 1.
Bid
A sk. L ow . H igh. No. Low. H igh
B id. A sk . Low. High. No Loxo.ExgK
Ore 3h L— 1st eon g 3a... 1946 J - J 104% Sale 104
104% 30 90 107 iSav F A W 1st con g 6 s. 1031 A - O .................. l04% Oct*97 ..
"
75V* si 58
Non-eum iuo A 5s...... 1046 Sep.*
74
75%
75% Sale
ls t g 5s..................... . 1984 jA - 0 ...........................................
54 192 39
64
Non-cu Inc B A ool tr.. 10401001.5 53% 54
Soloto Yal A N E. See Nor A W
!
53
Oiwtwo vt Rome. Set N Y C
Scab A Boa 1st 5»..........1926 J - J >103*4......... l04%Feb.*98
104%104%
0 0 F 4 St P. See C A N W
Sea A B Edge. See Bklyn El.
61 ! 102 104
ac Coast Co— 1st g 5s. 1040 J - 1) 108 104 103
Sod Bay A So 1st g 5a... 1924. J - J ! .................. ........................
to t
aoof iliisoun . See Mo Pae
So Car A Ga ls t g 5a.. ..1919 M-N j*...... . 94%
98
98
Panama * t subsidy g 6«, 1010 M- N 111% 118%
.....
....... ........ Southern Pacific C o Faiinflylvant* Co—
Gal lia r A S A 1st a 08.1910 |F - A , , , .............. 107 Jan.’98
107 107
2d g 7s...................... 1905 J - D *103 ........ 105% May’98
i 108 114
Fonn Co gu 1st it 4%a.l031 J - J * 1 1 1 % ........ 113
ns
100 105*4
R e s t o r e d ............... 1921 J - J
110 UO
Mex A Poo dlv l at g 5«.’3 1 M-N 95% Sale
110 J ’ly ’98
02
06*4
9 4%
05
Houa A T C 1st W A N7s.*03 J - J *185 ........
Gtd 3%s col trust rag. 198 MP C C A 8t L con gu g 4%s—
ls t g Saint gtd........ 1937 J - J *105 ........ 110*4 J ’l y ’9s ••••- 107*4 U0%
Series A..............
A -O • i n
I U>>« J'no'ilS
Cong Os in tg td .......191*2 A - O * ......... I l l
110 J ’l y ’98 •••• '105 110
Senes B gut\r....... — 1942 A - O * u i 118 111 J’ne’08
G e n g 4 s in tg td ...... 1921 A - 0 • 8 1
........ 82%
82%
1 76% 82*4
M N •105
Morgan's La A T ls tg 6 s. ’ 20jJ - J .................. 1120% Feb.'98
120%>----120%
...1945 Si- N ♦ 100
1st 7s.......................1918 A - 0 .................. 127 Apr/98
102 O o i’97
127 127
106% 108
N Y T A Mexgu lstg4a.* 12 A - O ..................
Pttu Cln A S tL 1st 7s.1900 F- A
108 J’ne'98
Registered.................190U F- A
Ore A Cal 1st gtd g 5s. 1927 J - J ................. . 75 Jan.*98
109% Apr'97
75
76
00 Sale
P ttu Ft W A C let 7s. 1912 J - J
140 May’98 .... 140 140*4; 8 A A A Pass 1st g u g i s .'43 J - J
05
67 687 55*4 07
2d 7s..........................1912 J - J
t40 May’98
140 1 T ex A N O 1st 7 s........ 1005 F- A ......... 115
110 M a r'9 8
Sabine div 1st g 0s..1912 M- 8 ................. 100*4 Nov’97, ••••
3d 7«.......... .................1913■A*Q4
C S t L A P 1st con g 58.1032 A- O f 107
C o n g 5s ................. 1948 J - J
97 Sale
112% Apr *97
90%
97 | 83 98% 98%
Registered ............... 1932 A- <)
S o P o f Argu ls tg 6 s .’09-10 J - Jl *10 5% ........ 106
106% 39 100% 100%
Cter A Plus con s t 7s. 1900 M- N io T
8 P o f Cei ls t g 0 s .*05-12 A - O ................. . 100% May *98
107 109
100% n o
107’ * May *98
Gen gu g 4%asor’sA.1942 J -J|
98% 100% to 92% 100%
1st con guar g 5a.. 1937 M-N 100*4 Sale
Series B................... 1942 A- 0
A A N W lstg u g 58.1941.1 - J ........ 82
82%
82% 19 82
87%
Gr RA le x 1st gug4%s. 1941 J - J
S P Coast 1st gu g 4 e.. 1937 J - JI .................
S Pac of N Mex 1»t g 6 s. ’ 1 1 J - J 108% Sale 108
102 Nov’97
Allcgh Volgeugu g is. 1942 Jtf—S
105% 110%
108%
N 4 C Bdgegengug 4%a.’45i J - J
94% Sale
South Ry— 1st con g os.. 1994 J - J
87
90
94
94%
Registered............... 1994 T - J
Penn R R C o ls t real estate g 4s-----1923 M-N'
Mem Div ls t g 4-4%-5b 1990 .1 J •102% 103%
108 May’97
Con sterling g 6s..........1905 J - j
R e g i s t e r e d ................ 1 9 9 0 J - J
95 ........ «7«
Con currency 6a reg... 1905 Q-Mt
151 96 100
E T e h ro o r lie n g 4 -5 s.l9 3 S M - S
Cong 5s........................ 1019 M- Sj
R e g is te r e d ................. 1938 J I - 8
.
Registered................. 1919 O - S
A la C a n R 1 st g 0b . .. .1 9 1 8 J - J
1 12*4 A ugW
A t I A C b A ir L in e In c. 1900 A - O
Cong 4 s .......................1943 M-N
Cl A Mar 1st gn g 4%s. 1935 M-N
Cel A G re e n v 1 s t 5-0S .I910 J - J
__ 119 Deo *97
D N J RRACangon 48.1944 M -S
E T V a A G a 1 st 7 s . . . .1 9 0 0 J - J 105% Sale 105% 105%
100%108
115% Feb.’9S
115*4 U 5%
112% 115
D R RRA Bge lstg u tsg.'SC P- A
D iv isio n al g 5 s .......... 1030 J - J j
116
114 J’l y ’98
Pensacola & At. See L A Nash
Con 1st g 5s........ . 1950 M-N * 110 110*4 109% 111)
107 111%
G a P a c R y l s t g 5-08,, 1922 J - J *118
118 123
Poo D ecA E ls t g 6s tr roc."20 J - J 99
99
100
95 100%
122 J’ne’98
Evans Dlv Istgd s trrec.’SO M -8 93
112 117%
90
06
90 J’tie’98
K n o x & O hio l s t g 0b ,1 9 2 5 J - J *115 110 110
110
-g
2d g 5a tr rec 1st pd..l92B M- N
R ich A D an c o n g 6 s. .1 9 1 5 J - J
123 125% J’ne'98
118- 125*<
18*4 J ‘m ’98
15
18%
Peo A East, See C O C A St L
98
E q u ip s in k f u n d g 5S.1909 M - S
101 Nov’97
Peo A Pek On ls tg fls... 1921 Q - F 121 ...
101 105
120 120
D eb 5s s ta m p e d ___,1 9 2 7 A - 0
120 Mav’98
95
90
96 J'ne’98
107% 107% 107%
2d g 4% s............ Feb., 1921 M- N
85 ...
85*4 May’98
100 107%
Virginia Mid gen 0s.. .1936 I>I-N
85% 86%
Pine Creek reg guar 6s. .1932 J - D 135 137% 137 Nov’97
107% 107 J'ne’98
102 107
G td s ta m p e d ..........1 9 3 6 M - N ,* ....
Pitta Cin A St L. See Penn Co.
W O A W I s t c y g u 4S.1924 F - A | 80
84 Aug’97
P C C A S t L . See Penn Co. i
W e s t N C 1 st co n g 0S.1914 J - J . . . .
110% 116%
113 May’98
S A N A la. See L A N.
Pitta Cler ATol istg 6 s.. 1922'A -O
Pitts A Connellsv. See B A O. I
95
Spok F allsA N o r ls t.g 6 8 .1 9 3 9 J - J
S ta t Is l R y 1 s t g u g 4 * 4 s.l9 4 3 J - D 104
Pitta F t W A Ch. See Penn Co.
Pitts June lat g 6a........ 1922 J - J
105
3 u n b A L e w istn 1st g 48.1986 J - J
S v ra Bing & N Y. See DLAW.
Pitta A L Erie—2d g 5s .. 1928 A-07
PittsM oK A Yo—lstg u 6 s.’32 J - J
r f 'o r A o f S t L l s t g 4*4s,’89 A -O
100 110%
109 May’98
1934 J - J 130 137%
2d guar 6 s..........
A 1st c o a g o ld 5S.1894-1944 F- A 108% .
109
100
105% 110%
McKee A B V 1st g 68.1918 J - J
S t L M B ge T e r g « g os. 1030 A -O 105 .
103 0ot„’07
Pitts P A F 1st g 5a.......1916 J - J ♦ 80
T e r re H a u te E le c R y g 6 s . ’14 Q-J4
Pitta 8h A L E lat g 5 s.. 1040 A - 0
T e x A N O. See So P ao Co.
107*4 J'ly ’08
104 109
109 110%
J’l y ’9'
1st consol gold 5 b. .... 1943 J - J
T e x A F R y E d lv l s t g 6s. 1905 M -S
110% J’ne’98
27 0 0 % 1 0 0 %
1st gold 5s................. ,2000'J - D 105% Sale 105% 100
93 Sale
Pitta A West 1st g 4s... 1917 J - J
70% 94
04
Gold 5s................1891-1941 M-N 50 .......
^ gold
H lno.
j 5s,
" ~
*“ " ‘ “ ,Moh.
43% Sale
J’lv T9S
2d
D e c...2000
40%
44% 275 < 28 44%
39
48
117% 124
Pitta Y A Ash 1st con 5s 1027. M-N
125 122% J ’ne’ 9S
Third A v 1st gold 5 s,... 1937 J - J
102 105
X> eading Co gen g 4s... 1997 J - J 82% Sale
83%
10-1
104
77% 87% Tol A O C l s t g 5s......... 1935 J - J 102
103 103%
X v R egistered............. 1997 J - J ........ 89%
, 104 103 J ’ly ’98
West’n div l s t g 5s....1935 A- O
. 100
Rensselaer A Sar. See D A H.
General gold 5 s.......... 1935 J - D
81
70
82%
Rich A Dan. See South Ry.
Kan A M 1st gn g 4s. ..1990 A - 0
79 J ’l y ’98
69
72%
Bio Gr West lat g 4s--- 1939 J - J
89% 89
72 May’98
Tol Peo A W istgold 4s.l917 J - J
89%
78% 90
92
85% 90
Rio Gr June 1st gu g 5s. 1939 J - D
91
94% T St L A K C ls t g 6 s tr.1910 J - D ........ 90
91 J ’ne’98
98 104
04
Rio Gr So lat g 3-4s....... 1940 J - J
08 100
00 J’ne’98
rister A Del 1 st eg 5s. 1928 J - D
54
00
Roch A Pitts. See B R A P,
1 nton Kiev. See Bklyn Elev
97 .......
Rome W at A Og. See N Y Cent
Un El (Chic) 1st g 5 s .,,,1945 A -O
alt Lake O 1st ga l 0s.’O8-13 J - J
8 8 % 98%
Un Pae—RR A 1 g g 4s, 1947 J - J
90^8
97
90% Sale
t JoAG I l s t g 2-3 4 s..1947 J - J
78 Sale
79
Registered................. .1947 J - J
68*4 80%
44
54
Btlj A AT H. See Illinois Cent..
54
Sale
49%
54
TrCo etfs g 4% s.. . . . .1918 M-N
48% 70%
L A Cal. See Mob A Ohio.
03%
70%
U P DAG 1st c g 5s tr rc.’39
09H Sale
St L A Iron Mount. See M P.
Uni N J RR AC Co. See P a R R
Bt L K C A N. See Wabash.
Utah A North. See Ore S L.
S t L M Br. See T RR A of StL
Utica A Black R. SesNY Cent
S t L ouIb A San Franolsco—
er Vs! Ind A W. See Mo P.
2d gold 6s Class A .... 1906 M-N 113*4........ 111 May’98
Irgin ia Mid. See South Ry.
104% 110%
Sd gold 6a Class B ...... 1906 M-N 113*4 .... 113*4 113*4
ab RR Co ls t g 5 s ..1939 M-N 110*4 Sale 109% U 0 %
87
74% 87
2d gold 6s Class C ...... 1906 M -N 113*4 114 114 J’ne’98
87 Sale
2d gold 5s........... 1939 F - A
86%
1st g 0s Pierce C A 0..1919 F - A
Debenture series A .... 1939 J - J
21 20%
28
General gold 6 s...........1931 J - J 117*4 Sale 117*4 118
Series B............. .....1 9 3 9 J - J * 37
27% J ’ne’98
114 120%
97 105%
General gold 5s...........1931 J - J 10494 Sale 104
ls tg 5s Det A Ch E x t.. 1941 J - J
102% J’l v ’ 98
104%
98% 100%
108%110
1st trust gold 5s..........1987 A -O ■ 98 102 100
StChasBridge I s t g 08.1908 A - O *101 102 110 J ’ne’98
92% LOO
100
Ft B A V B Bdg lstg 6s. 1910 A - 0 '107 . . . . . 105 Oct.* 97
Warren RR. See Del L A W
Kansas Mid 1st g 4 s ...1 937 J - D
Wash OA W. See Southern
103 110
St L A 8 F RR g 4 s.... 1990 J - J
108%
78 . . . . .
77%
00
79*4 West N Y A P a - l s t g 5s, 1937 J - J *10 7% ....... 108
m i
47% 55
54 ........
South yr Div 1st g 5s,.. 1947 A -O
94% 95
Gen g 3-4s.................. ,1943 A - 0
54%
54%
95
95
96
90
10
18
S t L Bo. See St L A A T II.
Income 5 s....A pril, 1943 Nov.
1 4 % ....... 15 J ’ly ’08
S t L 8 W l s t g 4sbdefs. 1989 -N ......... 78*4 70*4
West No Car. See South Ry.
78
73
70
Western Pac. See Cent Pac.
Sd g 48 lno bond ctfs. .1989 - JS 31% Sale
29%
32
32
35
Bt Paul City Cab. c g 5a. 1937 J - J
W Chic 8t40-yr 1st cur 5s.’ 28 M-N
00 Nov*97
99 D ec’97
Guaranteed gold 5a.. .1937 J - J
40-year con g 5s..........1936 M-N
BtPaul A Duluth 1st 5s. 1981 F- A *115 120 117 M ar’98
West Shore. See N Y Cent.
115 117
2d 5s............................ 1917 A -O *100 108*4 100*4 J ’l y ’ 98
W Va A Pitts. See B A O.
105 109
gt Paul M A M 2d 6a....1909 A -O •121*4 124*4 121% J ’ly *98
120 122% W V aC en tA P ls t g 6 s. 1911 J - J
100% 101%
D akotaext gold 0 s.... 1910 M-N * 121*4 .... 120% J ’ne’98
Wheeling A L E 1st g 5s. 1920 A -O *107
101% Mar'98
118% 122
100 108
100 Mar’98
*107
1st consol gold 0s.......1933 J - J ♦
Trust. Co certificates..........
....................
131
129 J’ne'98
128 129
90
90
05
90 May’98
Registered ............... 1933 J - J
Wheel Dlv 1st gold 5s. 1928 J - J
02% 92%
Reduced to gold 4%s 1933 J - J '100*4 .
92% Mar'98
Exten A Imp gold 5a. .1930 F - A 85
107 J 'ly ’ 98
105% 108*4
Registered..............1033 J - J
Consol gold 4b, ----- l9-»* J - J 32
100*4 Mar’98
Mont Ext la t gold 4 s.. 1937 J - D 100 Sale
99% 100
58 98% 100% Wilkes A East. See N Y 3 A W
Registered................ 1937 J - D ........ 98
Wll A Sioux F. See St P M A M
90 Feb.’98
90
96
Minn Union 1st g 6s... 1922 J - J
122*4 Jan/98
122%122% \ Winona A St P. See C A N W
:4 Nov'07
M ontC lstg u g 0a..,. 1937 J - J 127*4 128' 127% J ’ly *98
WlsOentCo
I s ttr g 5s , .1937 J - J
118% 182
42%
46% 80S 83% 46%
Registered............... 1937 J - J
Engraved trust certificates.
44% Sale
115 Apr *07
55
1st guar gold 5 i...... 1937 J - J !!!!!! i i i * 109*4 May’98
4
7%
5
0
Income 5s.................... 1937
4
107 109%
Registered................ 1937 J - J
B Minn 1st dlv ls t g 5s.l908 A - 0 >109*4 .
MISCELLANEOUS BONDS.
100 J’ne'98
105% i'00
98% 90%
Registered................ 1908 A - 0
A dams Ex—Col tr g 4s. 1948 M -S
99
99%
99 Sale
102% 109
Will A S F ls t g 5 s .... 1038 J - D ’ 111*6 •
/Vm Cot Oil deb g 8 s .. .1900 Q q-F 107 Sale 106% 1 0 ‘
l i i * ‘ N or’!
Registered............... 1938 J - D
Am DkArm pSs. Se«ConNJ
84
Bt P A Nor Pac. See Nor Pac
84
Am Spirits Mfg 1st g 0s. 1915 M-N
BtP A 8’x City. See C StP MAO
Atlanta G L Co 1st g 5s. 1947 J-D i
ar AS Car Co l s t g 0s. 1942 J - J
8 A A A P. See So Pac. Co.
B
90% 91B F A N P l a t s f g 5 s .. 1919 J
90% Jan.'98
os U Gas tr ctfs s f g 5s.’39 J - J
100*4 Oct/97
P
C
S
Y
W
f
• No price Friday; these are latest bid and asked this week. tBonds due June.
O U TS ID E S E C U R IT IE S
E le c t r ic C o m p a n ie s,! Bid.
Rhode Island Elec Pro Co | 110
Toronto (Can) Elec LtCo. 18BX
Thom-IIonst Welding Co.]
United E lecLtA PCoprefj 12
83
Bonda................
6 Boat
Wealing ElecAMfgi
Woonsocket (R I) B1 Co.. i 100
F e r r y C o m p a n ie s.
B’kJyn A N Y Ferry-Stock! 300
i{l 17
Hoboken Ferry—Stock . 1 90
15106
Metropolitan Ferry—-5a.. I 107
Ask. [
1 20
13««
(G
iv e n
-
a t
fo o t
F e r r y C o m p a n ie s.
1st 5s 1948.............JA.F
100
N Y A E R Ferry—Stock.
18
Bonds 5a of 1932..........
85
N Y A 8 B Trans A Ferry
List.
Bonda, 5s, of 1906......
110
1 0 th A 23d Sts Ferry......
1st mort 58 1919.. .JAD
305
Union Ferry—Stock........
lat 5a 1920...........MAN
91
R a ilr o a d s .
108
Ate Col A P 1at 0s tr co eta
i A t J C A W 1st 08 tr co cts
oe
7
Bid. Aak.
* Bonda due July. | Bonds due March. T Bonds due Jan. I Bond* due HOT*
c o n s e c u t iv e
p a g e s
) .—
F E R R Y & R A IL R O A D S .
Bid. Ask.
R a ilr o a d * .
Atch A Pike’s Peak 1st 6 s 10 1
Ate T A S Fe gu f d 0b notes 101
A tl’taACb A irL le t 7 s ’ 07 1 1 ?
71
0
AtlA P cts of dep gu 4b st.’d
93
03^
B A O 3% b, when issued.. 93
30
80
95
80H
Do 4s
“
50
“
80 1 Do prof “
Bost A NY Air Line—Com
100
44
Preferred —See N Y Sto ck Rx Ch.
California Pacific 1st 4%s 98
101
Do
2d mort guar 95
Ch Mil A St P Dub Div »20 {1 2 0
70
Do Wla Vat'dlv Oft *20 { 1 2 0
0 f>
199
70
{ 90
25
{ 90
70
{ 95
43
{ 98
102
K n i I r ondw.
ChANW 1st 7s Mail ext' i 1
Do Menominee ext ’ 11
ChlcATomah 1 Bt 0s 19 05
Northw Un. 1st 7a 1017.
FremElk&MoVal ls t ’83
Do
unstamped
W lnAStP 1st ext 7a ’ 10
Ch A East 111 Blnk fd col tr
Cln ASpgf 2d 7a gn C C CAI
Jack L A Sag lste x tR s’Ol
Kingston A Pemb 1 s tM..
L N A A Ch 1 Bt 08 C AI Dlv
$A nd Interest.
tPrloe
Bid.
m o
$130
{109
{132
{130
{129
{136
103
108
U 0 % 112%
per Bh are.
N . Y. STOCK E X C H A N G E
W e e k E n d in g J u l y 15.
P r ic e
F rid a y ,
J u ly 15.
B id .
W e e k 's
R ange or
L a s t S a le.
A sk. L ow .
B ’k ly n U G as 1 s t con g 5s. . ’45 M -N ......... 115
9 3 * 95
B r’k ’n W A W H I s t g 5 s . l 9 4 5 F-A
a h Coal M in. See T C I A R .
G L A C C o . S ee P G A CCo.
Ohio J c A S t Y d col g 5 s .. 1915 J - J
C le arf B it Coal. See N Y C A H
Col C & I 1s t con g 0 3 ...1 9 0 0 F - A 100 ..........
Col C A I D ev Co gu g 5s. .1909 J - J
Col F n e l Co g e n g o ld 6s . 1919 M -N
Col F A I Co g en s f g 5s. 1943 F - A ......................
C o lu m b u s G as 1 st g 5 s .. 1932 J - J
J
Com C able Co 1 s t g 4 s ... 2397
J
R e g is te r e d ...................... 2397
C on G as Co. S e e P G A C C o .
e B ard e l C A I. See T C A I.
el A H Can. See R R bonds
9 2 * Sale
D e tr o it C ity G as g 5 s . . . . 1923 J - J
95 .........
D e t G as Co con 1st g 5s.. 1918 F - A
D e t MAM Id g r 8* s 8 A .1 9 1 1 A - I) * 1 0 * 17
d E l 111 1 st co n v g 58.1910 M - 8 •110 .........
1 st co n g 5s...............1995 J - J • 1 1 4 * .........
Z d E l 111 B ’k ly n 1 s tg 5s. 1940 A - O
R e g is te r e d ............................... A -O
B rie T & T col t r g s f 5 s ... 1920 J - J ......................
B q G as L N Y 1 st co n g 5 s . . ’32 M - S
E q G & F u e l. See P G A C Co.
en E lec Co d eb g 5 s . . 1922 J - D • t O S J i .........
r R lv Coal A C l s t g 0 s . . ’19 A - O
G r R ap G L Co 1 s t g 5 s. 1915 F - A
ack W r e o r l s t g 5s.. 1920 J - J
en d B Co 1 st s f g 08.1931 M -S
111 S tee l Co d eb 5 s ........... 1910 J - J
N o n-conv d e b e n 5 s ---- 1913 A - O
I r o n S te a m b o a t Co 0 s . . .1901 J - J
Jeff A C le a r C A 1 1 st g 5s 1920 J - D
2 d g 5 s ...............................1926 J - D
K C Mo G as Co 1 st g 5 s. 1922 A - O
L a c G as-L Co o f S tL l s t g 5s’19 Q-F* 105 S ale
Sm all b o n d s ............................ (Ju-F
M ad Sq G a rd e n l s t g 5s. 1919 M -N
M e t T A T 1st s f g 5 s ... 1918 M -N
R e g is te r e d ...................... 1918 M-N
M ich P e n C ar Co 1 st g 5 s .’42 M - S
M u t F u e l G as Co See P eopG as
M u t U n T el Co. See W n Un.
N a t8ta r c h M fg C o l s t g 0s ’20 M -N 105 .........
N w p t N ew s S A D D 5 s .. 1990 J -JS
N Y A N J T e l g e n g 5s c y . ’20 M -N
N Y A O n tL a n d l s t g 6s. 1910 F - A
H o W e s tn T e le g . S esW est.U n .
P e o G as A C 1 st g u g 08.1904 M -N
2 d g td g 0 s ...................... 1904 J - D
1 s t co n so l g 0s................1943 A - O 115 .........
R e fu n d in g g 5s.............. 1947 M -S
R e g is te r e d ................... 1947 M -S
C h G -L A C ke 1st gu g 5 s’37 I - J •104 107
C o n G Co o f C h ls tg u g 5 s ’30 J-D • ......... 104
1 0 2 * 105
E q G A F Ch l s t g u g 0 s . ’O5 J - J
M u F u e l G as 1st g u g 5.1 9 4 “ M -N •100 .........
C
D
E
G
H
.
H ia h . N o .
5 109*115
92 1 0 0 *
1 0 9 * F e b ’97
109*109*
100*
104
80
100*
1
100
80
1 0 1 * A p r.’98
104 F e b .’98
D iam ond M atch Co.
Z n a le y L a n d .............
104
84
94
5
89
95*
90 103
18* 17*
108 112*
*18 1 1 4 * 1 1 9
9 8 * M a r ’98
«8X
104 J ’n e ’98
9 5 * J a n .’97
111
A u g ’97
70
A p r ’97
107
80
M ay’97
M ay ’97
105
J ’l y ’97
85
J ’n e ’97
108
108
.........................
Ill
102
115
105*
104
102
98
7 100
105
102
10 105
N o v ’97
M a r ’98 ; ; ; ; 102
*2 115
115
105*
104
102*
(G
iv e n
a t
B id .
100*
92*
92*
95
95
1 0 * J ’n e ’98
111 J ’n e ’98
115*
110*
1 1 3 * J ’n e ’97
2
*
9
98*
104
105*
U . S. GOV. S E C U R IT IE S . (For
U S 2s r e g is te r e d ... .O p tio n al
M
U S 4s r e g is te r e d ............. 1907 Q - J t
U S 4s c o u p o n ...................1907 Q - J t
U S 4s r e g is te r e d ..............1925 Q - F
U S 4s c o u p o n ................... 1925 Q - F
U S 5s re g is te r e d ............. 1904 Q - F
U S 5s c o u p o n ...................1904 Q - F
U S 6s c u r r e n c y ............... 1899 J - J
U S 4s r e g iste re d c e rts
o f in d e b t (C h ero k ee) 1899 M ch
S T A T E S E C U R IT IE S .
A lab a m a—Class A 4 to 5.1900 J - J
S m all.....................................................
C lass B 5 s........................1906 J - J
Class C 4 s .........................1906 J - J
C u rren cy fu n d in g 4 s ...1920 J - J
D ist o f C olum bia—3 '6 5 s.l9 2 4 F - A
L o u isia n a —N ew con 4s.. 1914 J - J
S m all..........................................
M isso u ri—F u n d in g . ..1894-95 J - J
N o rth C ar—C onsol 4 s . . .19 1 0 J - J
S m a l l . . . . ................................... J - J
0 s ........................................ 1919 A - O
So C aro lin a—4 * s 20-4 0 .1 9 3 3 J - J
T e n n —N ew s e ttle m ’t 3 s . l 9 1 3 J - J
S m all.......................................... J - J
V irg in ia f u n d d e b t 2 -3 s.l9 9 1 J - J
R e g is te r e d ............................... J - J
0s d e fe rre d b o n d s ................
T r u s t r e c e ip ts s ta m p e d ___
108
109
120
Bid
140
99
o f
7
t B o n d s d u e M ay.
c o n s e c u t iv e
70
90
95
100
150
110
60
m
4
45
245
160
220
95
123
124
12
140
3M
8
50
ibo
100
C i t y ................ 1000
150
C o m m e rc e ... 200
C o n tin e n ta l . 125
200
130
280
.........
124
125
107*.
90
90
110
103
125
.
102 .
91* .
125
1 4 th S tree t* .
800
186
100
90
140
95
525
) .— B R
s.,
72
17
82
85
72
17
M ay’9l
85
81
89
83 J a n .’98i .
114* 114*
1
111* lit
1 0 5 * F e b .’98
105 M a r’98
105*105*
105 1 0 5 *
110
110
111
M a r ’98
101
M a r ’98
83
105
83
111
111 111
101 101
98
A p r.’98
1 2 4 * J ’n e ’98
125
125*
M ay’98
F e b .’98
J ’l y ’97
F e b .’98
1 0 8 * 109
108 108
100 100
116 J ’l y ’98
102 J ’l y ’98
1 0 0 * M a r ’98
115
100
98
101
J a n .’98i
128
F e b .’98
101 101
128” 128“
110
108
100*
87
87
II*
05
71
| B o n d s d u e J a n u a ry .
B A N K S , M IS C E L .
M is c e lla n e o u s .
T e x as A Pacifle C oal. 100
1 st 0s 1 9 0 8 .......... AAO
T itle G u ar A T r u s t... 100
T re n to n P o tt^-C o m . .100
P r e f e r r e d ...................100
T ro w D irecto ry -N ew . 100
U nion S w itch A Signal. 50
P r e f e r r e d .....................50
U nion T y p ew r—C om .100
1 s t p r e f e r r e d ............100
2d p r e f e r r e d ..............100
U 8 G lass—C om m on.. 100
P r e f e r r e d ...................100
U S P ro je c tile C o........ 100
W a g n er P a la c e C a r.. .100
W e stin g h A ir B r a k e ...50
W illim an tic L in e n C o ..25
W ool E x c h ’g e o f N Y. 100
W o rth ’t ’n P ’m p-C om .100
P r e f e r r e d ...................100
B id.
55
285
102
*80*
30
63
10
30
33
00
110 115
6*
95
.?*
87*
70
8“
90
100
1 0 6 * 107
490
110 120
30
89
81
90*
B id.
A sk.
G er A m er* ..
90
105
100
150
250
225
800
N a t C ity .......
N o rth Side*..
250
220
245
200
385
175
190
140
100
200
135
100
135
140
180
P a r k .............. 290
P eo p le s’* .... 200
90
150
R iv e rsid e * ... 180
175
S hoe A L e ’th
110
93
250
ids
100
220
175
150
W e st S id e* .. 275
Y o rk v ille* .. 170
B R ’KLYN.
B edford* — 215
5 th A v e * .... 104
380
F u lto n * ......... 180
A sk.
50
277
M ech A Tra* 119
104
167
110
420
140
750
F eb ’9 7 . . . .
4*
118
105
380
101
91*
91*
88 JT’n
’ e ’98
71 J ’l y ’98
71* .
125
F if th A v e * .. 2900 3400
113** 113**
109
108
104*
100
100
95
1500
L o w H ig h
111 112* 1 1 0 * M ay’98
1 1 2 * 1 1 3 * 1 1 2 * J ’l y ’98
101*... 1 0 2 * A p r.’98
101
225
105
110
100
113
5
40
105
10
......... 50
95
345
110
22
75
25
45
120
14
8
40
20
Bosto n list
00
55
11
8
k Exc h.
89
84
101)1 103
105
85
2 9 * 30
91
80
00
25
175 200
52
43
50
114 i i 0
100 101
tock E xch.
48*
ii
8
t IS
102 104
10
132
N. Y. C ITY .
H igh .
110 110* 110* 110*
110 111 111* 111*
Bid A sk.
M is c e lla n e o u s .
S ch w arzch ild A Sulzb.100
40
50
S em et-S o lv ay d eb 5s
101 103
S im m ons H ’rdw -C om .100 103
P r e f e r r e d ................... 100 110
23
30
120
S in g er M fg C o ..............100 400
51
51X
S ta n d a rd O il................. 100 4 2 8 ^ 4 2 9 *
104 105
20
26
3 7 « SSH S ta n d a rd D is trib u tin g __
P r e f e r r e d ,..........................
90
90
95
S tan d U n d ’rg ’d C able.100 109 110
111
113
88
S lo ssI& S lstO s 1917.FA A
110 125
S o u th e rn C o tto n O il.. .50
80
95
40 [ S ta t Isl R T 1 st 6 s’18AAO 107
85
2d 5s 1 9 2 0 ................. J A J
00
70
82
80
70
80
S tillw -B ierce A Sm -V .100
1«
94
97
S w ift A C o..................... 100
4
8
1s t 0s ...................... .......... §100
100
Susq Coal 6s 1 9 1 1 ___JA J 115
105
T e rm W a re h —S to ck .. 100
80
10
75
1s t 6s .......................
70
62«
D e b e n tu re 0 s ........
88
70
35
85
83
104 107
B anks.
B id. A sk.
B anks.
50
45
100
R ange
from.
J a n . 1.
daily record see seventh pa
Ask
145
100
...... " s ’1
A sk . Low .
i B onds d u e A p ril.
pa g e s
117
W eek 's
R ange or
L a s t Sale.
c*eoria W a t Co g 6s . . 1889-19 M -N
PI V alley Coal l s t g 0 s.. 1920 M -N
9?**::::::
P r o c te r A G am b 1 st g 6s. .’40 J - J
S t L T e r C u p p les S ta tio n A
P ro p C o l s t g 4 * s 5 -2 0 y r’17 J - D
S Y u b a W a t Co co n g 0 s. . ’23 J - J
Sp V al W a t W o rk s 1 st 6s . ’00 M - S
S ta n R o p e A T l s t g 6s.. 1940 F - A
70
72
In co m e g 5 s .................... 1946 ........
16 Sale
S u n Ck Coal 1 s t g s f 6s.. 1912 J - D
T e n n C o a l T D iv l s t g 08.1917 A-O!
80
84
B irm D iv 1 st con 0 s . . .1 9 1 7 J - J
84 SS*
C ah C M Co 1 st g u g 0 s..’22 J - D
D e B a r C A I C o g u g 0 s .’10 F - A
80
U S L e a th Co s f d eb g 6 s .’13 M -N *114
V t M arb le 1 st s f 5 s ........1910 J - D
W e st U n io n d eb 7s. .1875-00 M -N
R e g iste re d ........... 1875-1900 M -N
D e b e n tu re 7 s .. . 1884-1900 M -N
R e g iste re d ....... 1884-1900 M -N
Col tr u s t c u r 5 s ............1938 J - J 110 Sale
M u t U n T el s f ’d 6s . . . 1911 M -N
N o rth w e s te rn T el 7 s . .. . ’04 J - j
W e stn G as Co col t r g 5 s...’33 M -N
W h L E A P C Co 1 st g 5s.’19 J - J
W h ite b r s t F g e n s f 6s . . 1908 J - D
t B onds d u e J u ly .
fo o t
P rice
F rid a y ,
J u ly 15.
N. Y . STOCK E X C H A N G E
W e e k E n d in g J u l y 1 5 .
101*105*
104 104
M is c e lla n e o u s
F id elity A D ep ( B a l t ) ..50
G a lv e sto n W h a rf—1 st 5s.
G en esee F r u i t .............. 100
G erm an A m R eal E st.1 0 0
G lucose Sug R ef-Com .100
P r e f e r r e d ....................100
G o o d y ear S hoe M a c h . .25
G o rh am M fg C o-Com .100
P r e f e r r e d ................... 100
108
G re a t F alls Ice.............. 100
H a rtfo rd C a rp e t Co. .100
99
H eck-Jonea-J M U l-Pf.100
23
1 st 0s 1 9 2 2 ..............MAS
97*
H e r’g-H all-M ar-C om . 100
41
P r e f e r r e d ................... 100
92
H o b o k en L a n d A Im p ’t . .
9
5 s ........................................
E x l ’t
In te rn a tio n a l E le v a t.1 0 0
st.
In te rn a tio n a l N a v lg ..l0 0
I n te rn a tio n a l P a p e r .. 100
110
P r e f e r r e d .............. ..1 0 0
155
B onds 6s ............................
In te rn a tio n a l P u l p ... 100
8
Iro n S te a m b o a t.......... 100
55
0s 1 9 0 1 .......................J A J
25
J o h n B S te tso n —Com . 100
E x l ’t
P r e f e r r e d ................... 100
J o u rn e a y A B u rn h a m . 100
175
P r e f e r r e d ................... 100
40
K n ick e rb o c k er I c e .. . . 100
B onds 5 s ....................
«««
L a w y e rs’ S u re ty ......... 100
L a w y ers’ T itle I n s . . . . 100
L o rilla rd ( P ) —P r e f . . .100
132
M adison Sq G—S tock. 100
135
2d 6s 1919 ............. MAN
15
M ain e S S..........................50
M erch A M in e rs 'S S.. 50
15
M ecb’nical R u b -C o m .1 0 0
05
P r e f e r r e d ................... 100
100
M erg en th aler L in o t —See
M eriden B rita n n ia Co.. 25
M ich-P en C ar—C o m .. 100
1 11
P re fe rre d —See N Y Stoc
25
1 st 5s 1 9 4 2 ..............MAS
100
M in n eap o lis B rew lB t 7s.
109
M osler S a f e C o ........... 100
200
M o n o n g ah ela W a te r ...25
N at B iscu it.................... 100
P r e f e r r e d ................... 100
70
N atio n al C ask et C o ... 100
N atio n al Saw —P r e f .. 100
N a tio n a l S u re ty ......... 100
40
N a tio n a l W a ll P a p e r. 100
40
1 7 * N Y L o a n A I m p ......... 100
N Y B iscu it 0s 1 9 1 1 .MAS
05
New J e r Z inc A I r o n .. 100
380
N Y A ir B rak e —See N Y 8
95
N icholson F ile Co......... 50
93
N ic a ra g u a C o n s tru c t. 100
P eck, S tow A W ilc o x ..25
P eg am o id (£1 s h a re s ).
P e n n s y lv a n ia S a lt M fg.50
4
P en n . 8te ei 5s 1 9 1 7 .MAN
37
P e n n . W a te r—C o m ... .50
10
P h il A W il S te a m b o a t.50
P n e u m a tic G u n C a r’ge.10
90
P r a t t A W h itn —C o m ..l0 0
20
j 17
P r e f e r r e d ...................100
72
76
P ro c te r A G a m b le ....1 0 0
188 139
P r e f e r r e d ...................100
20c.
R .I.P e rk in s H o rse Sh. 100
......... 75
P r e f e r r e d ...................100
100
95
R u ssell A E r w in ..... *..25
90
1 70
S afety C ar H e a t A L t.100
1 250
B id.
R a l Iro ad s.
98
N Y El d eb 5s gu M an Ry.
No P a d tic Mo Div 1 st 6 b. 1 0 5 *
P itts b A C o nnellsv 1st 7s 112
D o con 0s g u by B A O 108
8t P E a s t A G r T r 1 st 0s.
g u by Milw L S A W est.
T e n n C IA R y co n 0s 1901
D o So P itts b 1st 1 9 0 2 ..
V ick sb A M erid ian 1 st 0s 102
M is c e l l a n e o u s P a r.
98
A ck er M errall A C on. 100
A m A ir P o w e r o f N Y. 100
21
A m e rtc ’n A xe A T o o l. 100
13*
A m er B an k N o te C o .. . 50 t 39
A m e ric a n B rak e C o ..100
90
A m er G roc—1st p re f.1 0 0
A m er M alt’g Co—C om —.S ee S tk
P r e f e r r e d —See S t
x ch. 11
A m P n e u m a t T ool Co. 10,
A m e r P re s s A ssoc’n . . l 0 0 100
A m e ric a n S crew ..........250 145
A m S m o k eless P o w d .1 0 0
A m S o d a F o u n —C om . 100
4
45
1s t p r e f e r r e d ........M
15
2 J p r e f e r r e d ..............100
A m e r S tee l A W ire. > q,,. S t’ck
P r e f e r r e d ....................se e
A m e ric a n S u re ty ......... 50 100
A m T y p e fo ’rs—8 to c k .l0 0
37
A m e r Sew ing M ach in e. .5 t 2
26
A m e r S tra w b o a rd . . . . 100
A m er W rin g er com .. .100 104
114
P r e f .........................
ISO
A m e r G rap h o p h o n e
P r e f e r r e d ....................J O 132
10
A n d e rso n (J o h n ) Tob.lOO
A u to m a tic V e n d in g ... 10
25
B arn ey A S m Car-Corn. 100
P r e f e r r e d ................... 100
00
97
0s 1942 .....................JA J
B erg n A E n g B r —See P h i L list.
P r e f e r r e d —See P h il, list
..........
1s t 0s t ....................
t 15
Bliss C om pany—C o m ..50
85
P r e f e r r e d .....................50 103
B ond A M o rt G u a r ... 100 190
B o st A M o n ta n a 7s 1907.
C arter-C ru m e—P re f. .100
88
C elluloid Co. ............... 100
C en t A m erica T r ’n s lt.1 0 0
H
2
C en t F irew ’rk s —Com. 100
P r e f e r r e d .........
85
C b a te a u g a y O re A Ir 0s ’15
10
C hes A O G rain E l—Inc.
60
4s............................. .
C h eseb ro u g h M fg Co. 100 305
94
Claflln (H B ) - l s t pref.1 0 0
2d p r e f e r r e d ............. 100
90
C om m on —See NY Stock E x c h .
80
113
2
C om stock T u n —1 s t I n c ...
33
1
J 35
95
J a n .’98
M ay’98
p a g e s) P a g e 5.
BONDS.
L o w H ig h
114* 114*
93% J ’l y ’98
• N o p ric e F rid ay ; th e s e a re la te s t bid a n d as k e d th is w eek.
OUTSIDE SECU RITIES
R ange
fro m
J a n . 1.
i s
0,0
• HHH
: ooo
:
BONDS.
C H R O N I C L E —BOND PRICES (5
: ooo
■
THE
J u l y 16, 1898.]
80
95
B anks.
1 7 th W ard*.
2 0 th “W ard*..
101
255
275
340
185
195
150
105
145
100
W a llab o u t* .. i d s
190
303
il8
100
120
98
100
ibo
200
150
95
107
395
200
T r u s t C os.
N. Y. CITY .
C o n so lid at’d.
F if th A v e T r
G u a ra n ty T r
K n ick ’r b ’ck ’r
M a n h a tta n ..
N Y L I A Tr
135
1350 1385
192
185
......
900
340
425
240
160
400
300
1175
300
204
200
200 208
1020 ......
280
1175 ......
225
Real E s t T r ’t
S ta te T r u s t..
U nion T ru st.
U S M tg A T r.
U nit. S tates..
W ash in g to n .
B R ’KLY N.
B rooklyn T r. 390
F r a n k lin ....... 225
280
L Isl L A T r. 220
M a n u fact’rs. 235
157
245
P e o p le ’s —
M ech an ics’ . . 170 190
* B an k s m a rk e d w ith a n a s te ris k (*1 a r e S ta te banks.
5 P u r c h a s e r also p ay s a c cru ed in te r e
405
235
230
225
245
159
200
tP r ic e p e r s h a re
THE
118
fVOL. L S M l.
C H R O N IC L E .
B o s t o n , P h i l a d e l p h i a a n d B a l t i m o r e S t o c k E x c h a n g e s —A Daily a nd Yearly R e c o r d .
fry* S h a r e P r i c e * —N o t P e r C e n t u m
*«l O tniny,
J u ly 9
M onday,
J u ly 1 1 .
T utstiny,
Ju ry l i .
P r ic e *.
Wed he sduy Thurm tny, '■ F riday,
J u ly 13 . ) J u ly 14. J u ly lb .
A C T IV E S T O C K S .
11 IxidloateA unlisted.
of (hr R a ng e of Sales in 1898.
j Week. ■— ------------—---------------- .
Share*]
Lowest. J Highest
i l a i lr o i u l S lo c k * .
? 1 ! 70
70%; 70
70% 70% | 71
70% Balttmoro Clty Passenger... (Balt.) ... 25
25
2 2% 3«% BWUniar© Consolidated,......
92 H 33%r 23 %: *2 2 %
2'% 23 IBaltimoreConsolidated*, , . , (P h ilo.).,. 25
3«% 2 2 %:
223
231
21 225 8 ottt|n & Albunv..................(JSottQU)... 100
2 2 i 2 2 iU 225
i'iU'H
07% 0*1
07 [Boston Elevated.......... .........
“
100
*»7% 07% 07% 0 <s* 07% 11“ti 07% 07^,j 0 7
I oo
210
2 1 0 % 1230
220 .Boston A Lowell....................
'*
•2 2 0
*220
......
•2 2 0
103 108
182 102 Boston A Maine.. . . . .........
**
... 100
162 1 0 2 % 103 102 M 02
♦ 1 0 2 % DU
100,
*'
107% 107 107% 106%107% 1 0 u% 1 0 0 %! 1 0 0 1 0 0 % 105%l " 0 ‘-4 Chic. Burl. A On lacy...............
100
117
H 7 Chle. June. & On. Stock Yds.
“
117% 117% 117% 1171^ U7>i U 7 1 17K 117 117
1 IS
Preferred
118 ♦
10 0
1 lo
h i m n «H u n y 1 1 0 % • 1 1 0
96% 99% 99
09%’ 00
)>>%;Ohlc. M ilw aukee A S t. P a u l. (P h ilo A ... 10 0
100
109% • 1 0 ')% 1 0 0 % 1 •99h 100
. 50 j
2
21%
“
y 14^ 214* 2 i% 21% 2 iH jC lm ctnw O k lah o m a A G u l f ..
31% 2 1 % 31
*J»%
. 50!
38
38
38% 38
31% 38H 3 «%
36% 38% 38%
, 10 0
*40
49 1 40
40
40 C onsol. T ra fltlo n o f N iJ .1 . . .
051;% 99 V (|Fitchburg, p r e f ........................( B o s to n ) .. , 100
lOn 1 0 0 j 1 0 0 100
100
1 0 0 j 99H 99%
•9941 10 J
•3 3
37
37 ! ........
•30% 38 I
Ga. S o u th e rn ,V F lo rid a ......... (B u ll.) .. 100
.1 0 0
*00% ■
•30
•8 0
•87
80
87
Hi
88
87
87
s <% 1st p r e f e r r e d .......... .
•0(1
0 2-., 2d p r e f e r r e d .......... ...............
“
0 2 I *02
0t
•10O
•63% u5 I 62
*0 L 0 4
02%
21 i 2 1 % 2 1%: 91
31 !
21
3 Ui 2 l
3 1 | 20% 2 0 ', L ehigh V alley .......................... (P h ila .) .. , 50
5
4% 4%
*4% 5
4M -Ui
4H 5 M exloan C e n tra l...................( B o s to n ).. .too
•>M 5 '
81
81
N o rth ern C e n tr a l.................
rB a lt.) .. , 50
S'iW
82 I *8 '.*% 81% *80% 81% •«-t^ SI
•Si
29% 80 ; 29% 2 9 h i 29M 29
29
29% 28% 2 0 N o rth e rn P a c l t i c . . . .........
(P h ila .) .. .100
2 0 % 2914
70 4 | 70% 70%- P re fe rre d ......................................
70%
70% 70% 70%
“
.100
70^
TOW
#»« 70
192% 193
194% 195
192% HI2 % 102% 19 2 % Old C olony.................... .
( B o s to n ) .. .1 0 0
195 194
193 195
♦ 28
20 O regon S h o r t L in e ..................
•2 S
30
.100,
31
30
♦ ...... 30
44
•28
•28
58% 665$ 581^ 58% 5*<%; 58% 58% 58% 58% P e n n s y lv a n ia ........................... ( P h ila .) .. . 501
58% 58%
87% 38 P h ila d e lp h ia T r a c tio n ...........
. 50
87% STi^. 874^ 87% 87M 87% S7-n S7:ii 8 8
"
9
9 9 1-10
8% 8% R ead in g C o m p a n y ......... .
S% s 15-10
8%
. 50
9
Si^ s 15-in
“
9%
1st p r e fe rre d ........................
“ . 50
2 9k 21 5-16 21% 21 7-16 2I& 21 9-10 2 U, 4 2 1 % 204g 13-10, 10% 2'*^
‘ 10 % 1 1
1 0 % 1 0 % 1.0 MO 10% 2d p r e f e r r e d ............................
“ ... 50
T 0 % 13-10
1041 •ill AC
•28% 23% U nion P aelile.............................( B o s to n ) ... . . 1 0 0
2 l% | 4 IS. 2 IW1 *23% 230
23% 2 i
•24
2 iik,
llnvtt (5>*
4 P r e f e r r e d . ..............................
61
...1 0 0
0 1 % ootfi 0 1 % 1 59% 0 0 % ! «
60% 01
«'
IS% I7vb 18
17^ 1 ; •*, [?•% 17-M 17% 17% U nion T r a c tio n ......................... ( P h ila .) .. ... 50
18% , 18
18
So% W e st E n d S tr e e t................... i, B o s to n ) ,,... 50
85« 83% j 85% 85% 85% 85%. 85% 85,\ I 85% 8 T% 85
7i
*42% 32%
750
4] 75% Fob. 11
2494 F«b. 14
121 24;% Feb. 23
292 217V. Mar. 291227 June 9
1,185 5294 Mar. 20 07% July 12
80;215 Apr. 2 225 Jan. 22
1421m o Mar. 12 171% Jan. 7
9,885 8 5 Mar. 26l07&i Juno 11
080'10!
02 Mar. 14!l21?4 Feb. 7
37 105 Mar. 12! 120 May 11
1,500 83% Apr. 2l|102 June 11
1.075
9 Feb. 25 1 22% Juno 20
1.831 2794 Jan. 4 39% June 29
6 r ii 37 Jan. 3| 50 July
l
119 98 Mar. 28 101-% June 29
4 27U May 9 37 July 11
1201 84 May 25 87 July 5
20-1 55 May 3 0V?C July 9
1,930 20 Mar. 12 20% Jan. 8
255
4% Apr. 0 6% Jan. 13
36 76% Jan. 14 83 Juno 30
1,975 19 Feb. 24 31 J one 0
1,506 57% Mar. 26 70% .1 111V 11
73 185& Mar. 16 195 J uly 9
IS Jan. 4 33% Feb. 17
1.407 55% Mar. 121 60% Feb. 7
2,374 77 ' Mar. 25 88 July 7
7,828 7 13-10 Mar25 l i % Jan
0
0,213 18% Mar. 20 27 1-10 Feh. 3
810
9% Mar. 25 14 0-10 Feb. 5
836 10.% Mar. 25 25% June
5,175 47 Mar. 25 03% J une
6,050 12% Jau. 3 18% July 5
084 78 Mar. 25 85% July 9
Jan.
879 60
21M A p r.
34!, 2 l*>i Mar.
♦ I T s e e lliin e d tts S t o c k * .
162 238 Mar. 12 230 J nue 30
272 273 A m erican Beil T e le p h o n e ...( B o s to n ) , . . . 1 0 0
132M 131 A m erican S u g ar R etln ln g
. . . 1 0 0 24.766 10734 Mar. 201145% J une 6
14
83
. .“. 1 0 0
114% 114% P r e f e r r e d 7 ........................
. 25 1.16% J an. 6
207 203 B o sto n & M o n ta n a ............ .
,.. 25 5,017 149% Jan. 4 i2 12 June 3
“
2,087 18% Mar. 12, 28% Kelt. 2
24
2 1 B u tie A B o sto n t .........
... 2 0
“
37 489 Jan. 3 575 June 2
... 25
570 572 C alu m et A H e c la . . . ...................
“
2 ,056 52% Jan. 10 05%July 12
0454 01.34. C o n so lid a ted G a s . . . ............... (B a lt.) . . . . 1 0 0
21 %1D om inion C o a l ................
(B o s to n ) . .100 2 .2 0 U 14 Mar. 12 24% June 8
21
7.102 18% Mar. 25; 3 1 % July 12
20
29 b I E lectric S to ra g e B a tte r y 7 .. ( P h ila .) . ... 10 0
2,585 -21 " Mar. 8 34 July 11
“ ...1 0 0
81% 3 2*fU P re fe rre d 5 ...............................
181 59% Mar. 25 72*)4 Jan. 5
00
69 Erie T e le p h o n e .......................... (B o s to n ). ...too
3.407 44% Mar. 12 00 .1 une 1
53% 5'*96 Illin o is S te e l................................
“
...100
2 l % Iarasnn. Store Service..........
44
309 20 Mar. 12! 23% June 8
... 50
*21
I 6.1 37 July 8 43% J an. 7
38 L e h ig h Coal A N a v ig a tio n ... (P h ila .) . ... 50
6
d % M afad o n Com puny ‘
.
“
...1 0 0
8>7t8
5 May 271 11% J an. 11
10 120 Mar. 12 134 Feb. 7
*133 13 )
New E n g lan d T e le p h o n e ------ .(B o s to n ) ...ioo
3,515 21% Jau. 5! 32% Mar. 2
23% 23% Old D o m in io n C o p p er 7 . ...........
44
.. 25
8 ,709
17 % 17% Pa. M fg. Lig h t A P iw o r t . . . ( P h i l a . ) . ... 50
0 Apr. 14 j 18% June 27
107‘>4 10H U n ited G as I m p r o v e m e n t7..
44
... 50 0,400 97% Feb. 2 4 1) 4% May U*
080 10% Feb.
14% 14 % U n ited S tat es O il........ ............ ( B o s to n ) ..... 25
June 30
5594 56% W elsbach L i g h t ? .................... ( P h ila .) . .... 5
6244 July 5
8,080 33% Feb.
J an. 8
*L
1% W est E n d L a n d ......................( B o s to n ) . . . . 25
1 J an.
5
1%
2546 Jan. 8
910 20% Apr.
i 2494 2494 W estiu g h . E le c tric & M f g ...
.... 50
54% 5 5
P r e f e r r e d ............................. ..
44
. . . . 50
55%July 13
91 50 Apr.
m a d e . 4 T r J r e c e iu ls ; a liiiu s ta l paid . t T r, r e e ls . *i lllx rig h ts. 1 L o w e st is ex divi dencl
■ 272 274 1*270
138ft 101% I 132
114 114% 114
203% 207 ! 204
58
58
21
21
37% 37%
0%
0V4
133 133
I
22% 22U
10744 10794
14% 15%
00% 60%
1
-24
-53%
Bid an d
17% 17%
103 103%
57%
6u%
-1 ........
*24
25
*53% 54%
no sale vra
Hill. Aalt.
Bid. A sk.
S T O C K S - BONDS
BONDS
BONDS
B 0-.1 on—Concluded.
MXSOBLL.—Concluded,
B a l H m ore—Conclu’dJ
Ogd A L C co n 6 s . ’ 2 0 AAO
West N C con 0s. 1914 JAJ |
2%’ 3
tit B u tIIA S M “
10
In co m e 0 s ................ 1920
40
30
112
R u tla n d 1st 0 s . . ’02 MAN
180 182
13« 14 !
2d 5s...........................1898 FAA
52
Wil A Weld 5s.. 1935 JAJ
168
W e st E n d S t 5s. , ’02 MAN
275 180 ! P r e f........ .
44 100
46% 47 i 4 % s .............................1914 MAS
B o n d h— P h 11 ad ©Ip ti I a
Atl CJty 1st 5sg..’ 10 MAN
10 23 23%' G old 4 s .......... 1010 MAN
52« 53«
Buffalo Rycoti 1 s t 5 s..’81
4a ..................... 1917 FAA
50
s
10
!
Catawissa M 7s. 1900 FAA
100
17
54
50
Bond h— B ril ti»n o re .
Ches AD Can 1 st5s. ’ 10 J AJ
28
24%
Pref 7 . . . . . . . . .
“ 100
A tl A Ch 1st 7s. 1907 J A J 116
Choc Okla A G prior lien 6s
50
1l
15
100
21)9 209% A tlG - L ig h tls t5 s l9 1 7 J A D 100
General 5s.... 1910 J AJ
26
B a lt B e lt 1at 5s. 1990M AN
98% 99
Cit’s’St Ry(Ind)con 5s.'33
25
115 U0
B a ltC P a s ls t 5 s .l9 llM A N 113%
Colum St Ry 1st con 5s.’32
10
8ft
9
151
255 260
0 5
5% B a lt F u n d g 5s. 1910 MAN 122 122% Colum O Crosst 1st 5s..’83
E x c h a n g e 3%s. 1 9 3 0 J AJ LOO 100% Con Trac of N J 1st 5s./33
25 155 15<f
14
11
B altA O hlo 4s g. 1935 AAO 112% U2-% Del A B Bk 1st 7s.’05 FAA
50
34
36
P ittsA C o n 5 g .l9 2 5 F A A
East A A 1st M 5s.’20 MAN
100
P ref.............. “
135
S t a t l s l 2d 5 g .1 0 2 0 JA J
75
80
Edison Elec 5s stk tretfs.
100
40
R ec eiv ers c e rtif 8s. J AD 100^4 10J% Elec A Peop’s Tr stk tr etfs
Welsbach ComT(Phll) 100 20
00
Do M ary la n d C o u str &s.
Elm A Wilm 1st 6s,410 J AJ
Pref T . . . . . . . .
44 100 75
Do P itts b A C on 5 s.JA J
Income 5s... .2862 AAO
Westm’rel Coal(Phil) 50
D o M ain L in e 5 s . . .
Eq 111 Gaa-L 1 stg 5s. 1928 1 05% 105%
23%
Wolverine Min.(B03t) 35
1i
15
Hestonv M A F non
’24 114 . . . . . .
BAGSW 1 st 1% K-1 9 9 0 J AJ 100
50
00
Wollaston L'd.
44
5
1%
105
B alt& P istO sm 11911 AAO 121 124
IIA B Top con 5s.'25 A XO
53%
1st 0 b tu n n e l 1 9 1 1 ..JA J 121 125% Internet Nav 6s...... 1900 10 1
B o n d s —B o sto n .
127 131 ,
B al T ra c 1 s t 5s.l9 2 9 M A N 113
K CSub B 1st 0s..'20 JAD
152 153 1 Am Bed Tel 7s. 1898 FAA $100
E x t A Im p 0s. 1 9 0 1MAS 103
78M
93%
K C P A Q 1 s t5a..*23 AAO 78
M ln eh illA SH . “
51
56 . . . . . . A TAS F gen g 4a. ’95 A AO i 93
N o B a ltD iv 5 s .l9 4 2 J A D 115 115% Lehigh Nav 4%s. .’ 14 Q-J 1 09%
Adjustment g 4a..1995 | 70
Neaquehon’g V. 44
5< ........
C o n v T tib le 5 sl9 0 8 M A N 101% 102%
HR 4s g .........1914 Q-F, 1 0 ?H 109
New England. .(BoBt)lOi
34
37 j B A M 3d is 7s.’ 02-07 MAN \ ...
C ape FA V sr A 0g. 19 1 0 J AD
69% 73
Boston Term’l 3% s.. 1947|Al09 111
97
95
Consol ?s...... 1911 J&D
P re f..'........... “ 10«
1 st 0s s e r B .. 1918 t r rec
50
43
Gen M 4%s g . . 1924 Q-F 103
North Penn.... (Phil) 5'
95
96 • BosUnGaa 1 s t 5s.’39J&J|$ 91% 92
44
95%
1 st 0a s e r C ..1916 t r re c
50
79
2d4
M\l5 s.......1
9 3,9
JAJ
|■
77
Leh V C’l 1st 5s g.’33 .TA.I!
No & W Branch “
5' ........
T
l
.
1
>
I
•...
1
..
If.
1
,
.
■
P e n n A N W ... “
5'
Leh Val 1st 6s.. 1898 J&D 1 1 0 % u m
120 C en t O hio 4% s g . ’30 MAS 102
C en tral Ry 0 s ... 1912 JA J
i-exempt €
i 8 i«
2d 7s...... ....1 9 10 MAS
. 109
Phil Sc Erie...... “
5 . . . . . . ISM j
Consol 5 s . . . . 1032 MAN
Phil Germ A N . 4*
5
98
Consol 6s...... 1923 JAD i i ti 117
E x t A Im p 5 s .1 9 3 2 MAS I 1 14% 110%
109
United N J ...... 44 10 253% 254 1 Ch BurA N IstOa.’BO AAO
Annuity 0a...... .... J AD iaiM
2d M 6s.. ,...1 9 18 J&l)
ChariCAA exl 5 s .l9 tO J A J 106
L07
Newark Pass con 5s. 1930 11 0 . . . . . .
United Tr of P. 44
5 ........
Ch Bur A Q 4s, 1922 FAA
N Y Pb ANor 1stO s. ‘ 23 J AJ
ibo* C hesap G m 6 s . 1900 J AD 103%
P r e f.,........... 44
5 1 ........
C itvA Sub 1 st 5s. 1922 J AD 1 1 )
West End pref.(Bost) 5 105 iosk ’ lj Iowa l>iv 4a*1919 A AO
No Penn 1st 4&..’30 MAN iV ‘i " 113**
I Ch ieago J u 11c 5a. 1915 J A J
Col AG rn v ls t6 * 0 .1917 J A J 115 118
West Jer A 3 3.(Phil) 5 > 52%
Gen M 7s........ 1903 JAJ 113 . . . . . .
C onsol G as 6 a. . 1910 J& D 110
West N T A Pa. 44
5'
117
Penn gen 6s r ... 1910 Var
'" m \ \ Ch A No M gu 5s. ’31 MAN
5 s...................... 1930 J& D 108% 110
2% 0 1!
Wlscon Central (Bost) 10
Consol 0s 0 . . . .1905 Var 117
8
G a A A ia1stpf5sl945A «5tO 101
Consol 5s r ....l0 t 9 Var
5 h.
P r o f............. 44 10
92% 93%
Wor Nash A It. “
10 0 120 125 1)
Co 11at Tr 4%s g.’l 3 JAD
7 9 , G aCar& N ls to s g. 19 29J& J
lb ? ”
MISCELLANEOUS.
Pa A N Y Can 7s..’06 JAD
80 ; G e o rg ta P Is t5 -6 s 1 9 2 2 JA J 117 120
’
i
5
4% 4«j
107 , G aS o A F la IrtO s . 1945.1 &.J 103% 103%
Cons 5s........ 1939 AAO
I East’n 1st M 8s g.’OO MAS .1........ 119 | L ab e R El ls tg u 5 s ’42M AS 112 113%
4
Cons
4s........
1039
AAO
;
3
too
MttC&N 1 st 4%s. 1990M AS
48%
j Fr Elk AM V 1st 08’33end;3l30
P e n n S te e l ls t 5 s . ’l 7 MAN
> ........!.........'
Anniston Land.
Uust’ p’d lst6 s.’ 33 AAOijlSO :::::: M etS U W a sh ) 1s t 5a*25FA 1 119
P e o p le 's T r t r c e rts 4 s.’43 104^
Arnold Mining.
F> 14% 14-M| | m in Steel conv 5s.’ 10 J AJ 6 90
91 ' N ew Orl G as 1st 5 s .. . V arj 100
P erk io m I s ts e r S s .'lB Q -J 1 0 2 •
Ash Bed Mm*g.
DebontureSs. 1913 AA< * 5 87
3
ZM a ms
P h ila E le c gold t r u s t c tfs
83 ; N o rth C e n t 4%s, 1 9 2 5 AAO | 111
B5^
120
5 28% 29 i K C O A 9 l8t5.Hg.'25 AAO 'i 75
Atlantic Mln’g.
0 s L 9 0 0 .................. AAO! 105
P h A E r g e n M 5 g .'2 0 AAO
80
2 1 I K C Ft SAG 1st 7s.’08 J&D i l l 2
Baltic Mining..
5 20
0s gold 1900 .............JAJ 104
105
G en M 4s g . .1 9 2 0 AAO 107^
0 21 ........ K C F S A Mcon 0s.*28MA N *101 102'*
6s 1 9 0 4 .............. . . . . . J A J 111
P h A R ead 2ti 5s.’33 AAO 12 1
S erie s A 5a 1 9 2 0 ..., J AJ 115
0
ik
120
Consol M 7 s .. 1911 J& D
i « K C M A B 1st 4s..’34 MAS ) 77
[) 65
; Income 5s.............. .
| 34
120
S eries Jl 5s 1920...... LAI 115
Con M 0s g ... 1011 JA D 1 2 6 " 1 2 2 "
Pref.
0 90
K CA 51 RvAB 5s.’29 AAO S i 01
O h to AM ls t7 S r) 1905MAN 104% 105%
E x t Im p M 4s g /4 7 AAO 1 0 2 % 103%
0 131 132 1! K C S t.Io A C B 7s.’07 JAJ $...... 120%! P ittsA C o n 1 st 7s 1898J A J 105 105%
C ou M o f ’8 2 4 s.’37 JA J 1 0 2 ^ 103
0
Boston Land... 44
1 0 - y r s f 5s g. 1 9 0 2 FAA 1 0 0 %
P i t t U n T ra c 5s. 1997 .TAJ
4Hi I Latns'n SUreSOs.’OWMA3 $......
5 .......
Boylstou St L'd "
L UockAFS l8 t7s.’05 JAJ $101 1*03** P o to raV at 1st. 5s. 1941 JA J
T e rm in a l 5s g. 1941 Q -F 119
Cambria Iron..(Phil)
0 41% 42 I L E A S tL latBsg/'JG AAO *........ 91 ! S ecA v T n (P ltts)5 8 * 3 4 J AI) 110
P W il A B a ll 4 s .l9 1 7 AAO
0 71% 72 | 20 M 5-6 g.... 1936 AAO • ...... 75
S cab A R o an 5s. 1920 J A J 1 0 1 %
C o lla ttr u s t4 s .l9 2 1 JA J
........
Centen Mining.!Boat) 5 14->j ! 15
Mar II A Ont0a...‘ 25 A.vO $110
V irg M ld 1st. 0s. 1906 MAS lio
P itt s C & S tL 7S.1990 FAA 108"
Central Trans. .< Phil) H 25 .. . . . . Me x Central 5s. 1917 A AO I
,
82
2d serie s 0 m.. 1911 M&S 117
R ead Co g en 4s, 1097 JA J
Domtn Coal pf .(Bost)! 0 108 10 .SM
4n g ................1911 J&J!$ 02% 63%
3d serie s 0 s .. 1 9 16 MAS 115
R o c h e ste r R y con 5s. 1930
CMson El III...
“ 1 0 177 185 ! 1 at con Inc 3a g nomeum 1 2 % 14%
4 th s e r 3-4-5S. 1921M AS
96
S ch R E S Id el sto s g ’SoJA D 104MS
5
1
Ft Wayne ElecT 44
2d con ino 3s non-cum..]
4% 5% 1 5 th s e rie s 5s. 1920 MAS 105
U n io n T e rrn ’l J stS s .F & A
5 12
Franklin Mln’g. 44
77
U nited N J 4 s . . 1944 MAS 1 1 2
I V a (S ta te ) 3a n ew .’32JA J
12M, New Eng Tele 0a.'99 AAO 5100
French Bay La. 44
5|
14
0a.............. 1907 AAO 15 .......
71
F tin d del)t2-3s. 1991J A.J
U n T rH cP ltt« g en 5 s,97JA.J 1
Ml
711
io»W
General Eloot.. 44 1 0 38!*
! V aA T e n n 2 d 5s. 1900 J A J ,
SA nd a c c ru e d Im e r e s t. I *j Uni stea.
«0 !
Iai mort 0 s....! 005 JAJ 13..
P r e f.............. 44 1 0] 94
; 88................... . . I 9 6 0 J A J I 1*M
*Pr1oe In clu d es r»verdne' c<mpi ns.
IN A C T IV E S T O C K S I
RAJ L ROADS.—Prices
A t Top A S Fe..(Bost)100
Atl A Charlotte(Balt) 100
Balt & O hio.... 44 100
Bos A Maine pf. (Boat) 1OG
Boston A P ro v. 41 100
Catawissa........(Phil) 50
1at p r e f....... 44
50
Central M ass...(Bost) 100
Pref................. 44 100
Central Ohio... (Balt) 50
Chic A W Mich.(Bost) 100
C ifs S to f ludal(Phil) 100
City & Suburb..(Balt) 50
Conn & PassumiBost) 100
Conn River--- “ 100
Flint A Pere M. “ 1
P r e f............... “ 1
G’rmant’n Pass (Phil)
Hestonv M & T “
P ref................. 44
Hunt & Broad T “
.............. "
K C F tS AM ..(B ost) 1
P r e f ..... ......... 44 1
Little Schnylk.(Phll)
m<i-I Agfc.j;
15.
J u ly
July 16,
THE CHRONICLE.
1898,J
Jttttjeslmeut
R oad s.
119
L atest Gross E arnings.
Week or Mo
AND
JJailroad Intelligence.
Iron R ail w a y ... J u n e .
Jack . T. A K. W M ay.
1898.
1897.
$
J a n . 1 to Jjatest D at«,
1898.
1897.
$
4,044
2,483
25,742,
18,013
30,406'
25,918
157.383
141,678
K an aw ’aA M ich Is tw k J u ly
8,509
8.746
278,171
249,588
K.C.F.Scott&M , Istw k J u ly ,
63,464'
6^,657 2,385,780 2,228,551
K.G.Mem.A Bir. Is tw k J u ly
18,799
14,42 7
7t 9,685
584,748
K an. C. N. W ..„ Ju n « .......
24,115
2 i ,485
169,9u7
155,314
K an. C ity AOm. 4 thw k J ’ne
4,081
2.970
123,304;
118,194
The following table shows the gross earnings of every K. C. P itts. A G. I s tw k J u ly 52.862 3 -,9
8 5 1.608,-t67|
922,891
9,288
t e a m railroad from which regular weekly or monthly returns Kan.C.Sub.Belt. ls tw k July!
6,119
234,168!
175,417
Keokuk&W
est.c
k »’nej
12.930
14,251
266,953
257,952
an be obtained. The first two columns of figures give the L. E rie A West. 4thw
I s tw k J u ly '
53,100
56,< 80 1,700,264.! 1,692,429
loss earnings for the latest week or month, and the last two Leliigli& H u d .. J u n e .
33,441
30.081
178.297
163,915
olumns the earnings for the period from January 1 to and L ehigh Val. RR. May.
|1.3 99.213 1,393,197 6,936,982
Leb. V. Coal Co. M ay........... 1,059, 72 906,821 5,335,177 6,724,337
5,144,555
>• oluding such latest week or month.
L ex’g tonA E ast. M ay.
19.026
20,307
88,065!
85,962
The returns of the street railways are brought together sep- Long IslandK R ,.........
J u n e ...........
.
422.176 42 6 .7 5 2 1,815,516 1,681,874
a ately on a subsequent page.
Long Is. System. 'J u n e .............i 403,998 4 7 e .6 io 1 ,9 1 9 ,l e i ! 1,7 94/740
Los Ang. T erm ..Iju n o ....
| ~
7,479
8,459
39.0 0!
39,749
L a te st Gross E a r n in g s .
24.760
Ja n . 1 to Latest Dale. Louis.Ev.deSt.L lstw k July,
23,063
7 5 4 ,2 1 i
677,522
Lou. H. dc St. L .. 4th wk J ’ne
11,848
K oads
239,9991
1 1,367
211,5b 8
Louis v.deNashv. lstw k Ju ly 389,150 372,355 11,280,273 10,151.744
W eekorM o\
1S9S.
1 -9 7 .
1898.
1897.
Macon A B ir in ..'J u n o .........
2,823
3,6721
26.095
° ™
'
28,118
M
a n istiq u e ....... 'J u n e .......... I
9,753
15,800!
$
58.757
*
60,318
A r tr o n d a e k .......M a y ..............[
16,5671
1 5 ,9 9 3
87.093 1M exican C e n t.. ls tw k Ju ly 200,0 *8 239,109 6,912,575! 6.803,158
^5,^16
A la . G t. S o u t h ..j ls t w k J u ly
29.204;
2 7 ,1 6 2
8 6 1 ,4 7 6
270,505 240,864 1 ,3 h4,043 1,305,937
773,661 M exican In te r’l. M ay.......
A la. M idlan d.. A p r il.......... | 6 1 ,6 9 7 ,
4 4 ,1 4 4 ,
257,645,
229,914 JMex. N ational, Ilsstw k J u ly ' 101,503 100,224 3,100,394 3,048,700
Mex. N orthern . M ay...........
A la. N . O. T ex . <S Pao. Jun o
44,352
48,715
228,793
271,749
690 ,7 3 lj
N O r l .& N . E t t h w k j ’n e
4 1 .0 0 0
36 000
69,000 2,016,300 1,804,000
6 7 ,100
617,542 i M exican R’wav W kJune25
1 6 .0 0 0
11,940
A la. & Vloksb. 4 th w lcJ ’n e
1 9 ,0 0 0
3 3 4 .6 1 2
276,616 M exican So....... 3dwk Junel
12.01-0 319,272 340,645
V ick s S h .& p j 4 t h w k J ’ne
2 0 ,0 0 0
18.0001
3 3 0 ,6 7 5
3 4 ,586
2 51,125 Mlnneap.de S t.L. ls tw k Julvl
38,870| 1,023,8*1
948,219
A lle g h e n y V a l.. M a y ........... \ 2 1 4 ,3 0 8
63,582
2 0 6 .1 6 8 1 ,0 4 6 .8 5 8
931,848 M .S t.P .A S .S t.M 'Istw k Ju ly
62,579 1,8 7 8 ,416| 1,647,374
A nn A rbor..........I stw k J u ly ;
2-',197
22,4 0 4
745.3421
647,373 Mo. K an. de T ex lstw k J uly 131,712 1 4 6 ,l t 8 ! 5,134, *79' 5.075,403
4 1 ,5 3 2 1 HH
A rk. M id la n d ... A p ril..........'
6 ,3 6 1
t Mo. Pac.A IrouM 1 s t wk J u l v 3 6 0 .0 0 0 3 0 2.00 1 2 ,636,114 10,972,147
5,5 7 3
28. •-"'5
C en tral B r’c h .' lstw k Ju ly
15.000
A to h .T . A H .Fe.e M ay............ 3 ,2 8 9 .4 7 0 2 ,8 0 3 ,6 2 5 1 5 ,7 8 7 .8 3 8 13,362,979
12,00i>!
665,354!
490,691
T o ta l.......... , ■1 s t wk J ul y 3 7 5.00
119,588 1 2 2 ,5 0 7
A tla n ta A Char A p r il.........
5 4 3 .7 0 *1 5 61,529
3 64.000 13,301,468 11,462,838
4 982'
A tl. K n o x .A N o . j J u e ..........
2 3 .0 7 7
151,872
4,579
2 v ,3 7 8
124.840 M obile de Birin.- lstw k July
186,389|
155,610
A tla n ta A W. P . M a y ...........j 4 1 ,5 5 4
3 9 ,2 8 3
2 * 3 ,633
226.276 Mobile de. O hio.. J u n e ......... 3 08,500 30L 566! 2,075,3 k i 1,87 V,32 8
288,05'-!
A tlan. A D a n v .. ls t w k J u ly ; 10 ,3 9 6
10,561
99,739;
270,561 Mont.deMex.G’f. J u n e ......... 114,162
762,189
670,290
A u stin A N ’w est M ay............
9,5 4 2
10,9 1 4
4 2 2 ,2 8 6 463,242! 2,735,720 2,550,100
5 2 ,3 8 0
7 5 .211 Nash.Ch.de St.L. | Ju n e
B alt. & O h io .... |M a y ........... 2 ,4 2 7 ,5 5 0 2 ,0 7 ,3 2 8 1 1 ,2 0 1 ,0 1 4 1 9 ,8 5 9 .9 7 L N evadaC eutral. A pril.
3,004
2,0351
14.175!
9,865
B al. A O. Sou’w . ls tw k J u ly | 106.839; 1 1 0 ,1 9 4 3 ,4 9 4 ,0 8 7 3,06 6 ,0 0 7 N. Y. C. A H. R .. 'Ju n e .
. . 3,625,400 3 ,8 9 i , 713 22,172,423 21,341,676
N. Y .O n t.A W .. Is tw k J u ly
6 9 ,756
75,20*1 1,799,031 1,842.903
B ath A H am ’nds M ay........... j
1,403
1,6«6
8,5 7 8
8,595
185,850, 1 81,922
863,250
B lr. A A tla n tic . IJ u n e ..........I
1.5 8 5
1,622!
12,754
1 0 ,419 N. Y. Susq. de W. M ay..........
826,663
B runs w ’kJc West! A p r il......... j 4 5 ,9 5 0
4 4 ,6 0 6
189.533
177.718 Norfolk & West. ls tw k Ju lv 198,657! 184,615! 5,623/214 5,269,946
3,565
24,630!
3,9 80!
B uff.R 0 0 I1.& P itt ls t w k Ju ly
66,818
19,971
7 3 .7 3 < 1 ,8 6 8 ,3 1 9 1,625,980 N orthes’n (G a.). A pril.......'
45,870,
102,676
5 0 ,230
B uffalo & S u sq .. M a y ............
4 3 ,4 9 7
160,159
4 9 ,2 8 7
2 1 6 ,0 3 6
221,142 N ortlie’s’n(S.C.) M arch___
N
orth’n
C
entral.
M
ay.........
491,5621
2.5o5,192
49
2
,3
6
5
Bur.C. R a n .A N . I s tw k J u ly
66,9 9 3
2,554,115
1,995,50b
1.918,603
71.7 7 1
•O anadianPaciflc ls t w k J u ly 481,0- 0 473,001 112,062,90910,185, 9 t N orth’n Pacitic. Lstwk J u y 373,341 355,091 10,623.905 7,970,914
443,452
21,032
20.128
443,378
Car. M idland__ J u n e .......... .
2,4>5
2 ,5 3 6
2 4 /2 4 u
2 4 ,445 Ohio R iv er......... 1stw k J uly
11.533
9 9 ,770
11,091
86,661
C en t.of G eorgia ls tw k J u ly 1 8 2 ,4 9 2
7 5 .5 7 5 1 2 ,5 3 6 ,4 4 7 2,456 ,1 1 0 OhioRiv.deChas. J u n e .........
1,901
12,255!
2,800
10,809
C entral o f N. J .. M ay............ 9 5 5 ,3 0 1 9 7 6 ,3 * 6 4 .6 9 3 , 49 4,500,515 Ohio Riv.de L.E. M ay..........
4 8 ,111
270,875
47.183
262,605
C entral la c if lc M ay............ 1,474,335 1 ,0 4 4 ,8 1 7
6 ,0 6 2 ,4 1 0 4.7*8 ,3 5 7 Ohio Southern M ay..........
158,55 e
114,754
11.533
14,246
O harlest’nA 8av. A n r il.........
5 2 ,2 6
4 8 ,0 7 4
2 6 5 ,482
240,141 Om .Kan. C .A E . 2 d wkMch.
1 3 2 ,2n0 105,311 3,373,087 2,080,595
C bas’n A W.Car. M arch........
8 7 ,5 2 9
79,564!
260,457
2 41,183 Oreg.RR.deNav Is tw k J u ly
554,312 4 93,*42 2,452,150 2,119,526
C h atta n ’ga 8 o .. 3 d w k J u n e
1,554
1 ,6 5 0
32,434
3 4 ,8 9 4 Oreg. Sh. L ine.. M ay..........
987, <87
C hes. & O h io ,... I stw k J u ly !
1 8 8 ,5 1 0 1 9 6 ,3 4 0 5 ,8 6 7 ,9 5 8 5,545,991 Pao. C oast Co.. A p ril......... 45 6 ,4 1 6 2 81.366 J ,860,4a
M arch....... 3 67.632 413,891 1,056,607 1,133,779
C hio.B ur.de Q.rf M a y ........... 3 .5 5 1 ,5 9 7 2 ,8 0 6 .0 6 1 1 6 ,658,802 13,919,714 Pacific Mail.
•Chic. A E a s t .lll. I stw k J u ly !
7 8 ,6 3 6 6 9 ,9 0 8 2 ,0 7 7 ,0 1 8 1.989,802 P ennsylvania^.. M ay........... 5,399,767 5,085,567 2 6 ,114,976 24,404 .176
14,276'
433,151
439,402
15,492
C h ic .G t. W est’ll I s tw k J u ly
8 1 .9 6 5 8 * ,9 6 2 2 ,5 9 2 ,8 0 0 2,374,873 PeoriaDeo.AEv. Is tw k J u ly
73,892
62,808
283. >10
259 ,564
Chic. In d . A L I s tw k J u ly
6 1 ,8 6 8 58,7 4 1 1.597.930 1,459,022 P e te rs b u rg ....... M ay..........
Phil
a.
A
E
rie
...
1,4
90,552
1.515,004
354.7x8
391,611
M
ay...........
C h lo .M il.A S t.P ls tw k J u ly I 5 8 -.4 1 8 6 2 3 .8 6 2 16.347,799114,372,345
Chlo.de N ’th w ’n. M ay............ 3 ,0 8 6 .8 0 9 2 ,5 3 7 ,4 3 9 13,998,771 11,422,282 Phila. A R e ad ... M ay........... 1,697,546 1.6 1 3 ,It 2 8,280.40^ 7,719,901
Coal
dc
Ir.
Co.
7,186,362
1.637,609
7,931,568
1
802.861
.
M
ay.......
Chio.Peo.dcSt.L. J u n e ..........j 5 1 ,7 9 3
6 6 ,7 4 5
416,035;
40 4 ,9 9 7
Tot. both Co’s. M ay........... 3,500 .3 9 7 3,250,711 16,211,973 14,906,263
C hlc.R ’ k 1. de P.. J u n e .......... 1 ,4 4 5 ,0 1 9 1 .2 33,300 8,508,9551 6,- 85,643
231 ,007
246,284
51,101
52,439
•Chlo.8t.P-M.deO. M a y............j 658,7981 6 7 4 ,8 0 9 3 ,1 1 0 ,4 0 M 2.811,277 P hil. R. de N. E. M ay...........
C hlo.T er.T r.R R . I s tw k J u ly
2 0 ,3 4 4 1 9 ,1 8 6
583,256;
538,208 Phil. Wilm. de B. M ay........... 863,558 801,658 3,744, *66 3,52 3 ,6 6 6
5,513,729
Pitts.C.C.ASt.L.
6,362,654
1,L10,779
1,256,577
M
ay..........
C hic.dcW . M ich, ls t w k J u ly
3 3 ,7 9 1 ! 2 8 ,2 6 8
885,442:
7 7 1 ,0 8 6
22,838
21,917
3,203!
3,627
Choo.O fe.A G ulf. M ay...........
1 0 5 ,V04
5 7 ,7 6 7
641,344;
4 1 6 ,5 9 9 Pitts.Lisb.de VVn Ju n e
2653-39
502,535
122.509!
52,069
2 7 ,850 Pitts.Bes.de L.E. Ju n e
•C ln.G .A Ports’lh J u i i e ..........
4,800
5 ,5 3 4
26,956
835 ,712
34,803
897,^78
A Wes’n . J Istw k J u ly
30,955
C ln .N .O . A T . P. J u n e .........
4 1 1 ,2 8 7 2 9 9 .3 3 4 2 ,1 8 8 ,4 8 2 1,719,237 P itts.
Pittu
403,819
P
itts. Cl. dcTol. Is tw k J u ly
527,918
19,108
17,656]
C ln.Ports.de V ir. M arch........;
2 2 ,7 1 6 19,412
61,4091
52,283
155,184
P itts. P a. A F lstw k Ju ly
8,764
163,324
6,2 09
3 11,312
C lev .C a n . A 8 o .. U hw fcJ’u e !
2 2 ,1 2 8 1 8 ,2 0 5
3 3 3 ,309
1,408,653
T
o
ta
l
system
.
1,601,281
62,6
5
5
4
,820
Is
tw
k
J
u
ly
C l.C ln.C h.de8t.L 4thw k J ’ne 3 7 8 ,0 7 5 3 * 3 ,9 8 4 6,855,392! 6,427,689
400.794
573,365
7 9 7 ,7 2 7 P ittsb .Y o. & A .. M ay........... 1 41,704 124,526
Peo.de E a st’ll J u n e .......... 1 4 5 ,2 1 2 129,395;
914,0121
306,165
76.474
356,418
100,561
6 06,653 liie h .F r’KSodeP. M ay..........
C l.L or.deW heel i4 th w k j’ne
3 * , t l 0 4 4 .8 4 5
7 2 3 ,986
147 ,2b6
166,35 •
3 5 ,067
4 2 .501
C ol. M id la n d .... > u n e .......... 1 2 4 .051
1 4 5 .8 7 4
763,037,
783.508 Rioh.de Petersb. M ay...........
82,654
Rio
G
rande
Jet.
10
5
,3
j
8
2
>.768
32,661
A
p
ril.........
C o l.H . V .A T o l. J u n e .......... 2 1 5 ,8 4 5
2 1 3 .0 5 6 1,225,148 1,115,119
180,540
224,006
6.220
7,9o2
376,861 R ioG ran d e So’ d Is tw k J u ly
C o l. S an d ’yde H. I s tw k J u ly
1 5 ,6 5 4 11,777
393,626
1
,2
5 3 ,3 p6
1,594,946
R
io
Gr’de
West.
*81,000
41,100
Is
tw
k
J
u
ly
8,8 0 0
Colusadc L a k e .. J u n e ..........
l,1 0 o
1,5 0 0
8.550
5 19,307
587,463!
10,183
16,o63
4,4 4 3 St. J o s .A G r.I. I s tw k J u ly
C ry sta l................. M a y ..............
1.4 2 2
1,471
6,293
142,291
158,557
Sc.
L.Chi.
A
St.P.
23,886
23,462;
Ju
n
e
2 77,429
C um oT d V alley M ay............
6 2 ,3 7 6
5 6.599!
312.3101
24,992
4,855
29,45*
5,246
1 ,4 3 3 3,322,8i59 St. L .K eu ’etA So Ju n e
C env.d e R io Or. I s tw k J u ly
140,4001 1 6 6 .9 0 0 3 .9 881,433
37,248 8 t.L .A 8 an F ran. Is tw k J u ly 1 2 3 ,-4 2 117,353 3,402,97 7 2,981,925
D esM .de K an C. ! 4thwkM ohI
4 ,4 3 3
4 .5 3 6
4 4,212
74,000 2,466,969 2,114,414
74,300
1 92,967 St.L. South west. Is tw k J u ly
C e s M . N . de W . J u n e .........
43,2:-7
3 5 ,7 3 3
2 5 9 ,619
652,177
685,884
616,881 St. P a u l A D u l.. J u n e ......... 119,752 147,793|
D et.G .R ap.deW . I s tw k J u ly
2 5 ,4 8 8 2 3 ,0 7 4
725,775
777.254
761,582
San. Ant. A A. P M ay..........
129,209 144,858;
D e t. de L liu a N o . I th w k J ’ne
9,13*
207,501
3
34,629
368,932!
S
an
F
ra
n
.A
N
.P
.
71,093'
6
5
,9
4
t
J
u
n
e
.........
2 13,840
Det.dc M ack inac M a y ............
5 1,747
4 2 ,1 8 0
232.011
2 98,822
341,936
13,953|
17,323
6 92,531 S. F e P re s. A P h . ls tw k J ’ne
D u lu th S.S.dcAtl 4 th w k J ’ue
5 2 ,5 6 - 44,7 4 1
849,866
1,130.077
1,152,807;
257.9371
S
a
v
.F
la
.A
West.
A
p
r
il..........I
271,810!
5 60.509
E lg in Joi.deE ast, J u n e ......... 1 1 0 ,3 0 7 1 0 1 ,6 5 4
751,441
124.255
126,455!
3,844'
5 ,1 * 4
Brie.............. V. M a y ..’..*.' 2,82di328!2,716;875|l2,766^698 11,989,311 Sher.8hrev.A3o. 4 th w k J ’ne!
64,010
62.494J
23,305
18,239
21,5*6!
2 4 ,122 Sil. Sprs. O. A G. A p r i l .........
E urek a Springs. M ay............
4 ,7 0 ^
fig
4 ,9----89
3.844
5,564
142,738
133,933 Sil v e r t o n ......... D ecem ber
E v a n s.A In d ’pli* I s tw k J u ly
6.1 6 9
5,7 0 5
80.108
95,026
19,869
Siou
x
C.
&
Nor
16,440
M
ay..........
595,127!
5 04,937
E v a n s v. A T. H . I stw k J u ly ; 2 1 ,0 1 2
2 *.677
8,253
9,354
1,546
1,860
F itc h b u r g ........... M a y........... j 6 1 5 ,-2 8
6 0 8 ,8 5 3 2 ,* 2 7 ,9 4 9 2 ,68 1 ,9 2 2 S o.H aven A E ast M ay..........
F lln tA P .M a r q I s tw k J u ly
5 0 ,8 1 :
5 3 ,3 3 6 1,478.602, 1 ,371,774 So. Pacific C o .1,810,574
474.441 3 37,937 2.249.969
G a l.H a r.A S .A M ay__
Fla.C ent.de Fen. I t h w k J ’ne
7 7 ,7 1 7
4 7 ,2 4 4 1 ,5 1 3 ,8 -6 1 ,199,293
406,340
506.952;
70,941
99,832
Louis’a. W est. M ay..........
492,623
62 ,322;
F t.W ’thdeDen.C. 4 th w k J ’ne
1 9 ,7 2 0
1 9 ,409|
4 9 0 ,3 3 0 383.273 2,524,572| 2.076,954
M organ’sLAT. M ay..........
143,6b7
233,533
F t. W. dc Rio Gr I s tw k J u ly
4,5 0 4
3 ,4 7 4
116.751
125,516
23,341
22,495
N
.Y
.
T
.
A
Mex.
M
ay..........
4,3 8 0
3,642
G ads, de A tt. U . J u n e ..........|
r 89
837 |
634,285
657.848,
133,264 1 18,957
T e x . A N . O rl.. M ay ..........
G eorgia KR ........I s tw k J u ly
3 0 .9 0 7
21.<*5
A tl. P rop’tes.b M ay.......... 1,235,370 944.565 6.177.969 6,128,068
51 4 ,0 1 4
606,760
G eorg ia dc A l a . . I s tw k J u ly
19,54*
19,249
3,753,936
945,835 789/270 4,532,029
So. Pao. of Cal. M a y .........
309,709
292,415
G a .C a r’lade N o . A p r il......... j 5 8 ,4 1 0
59,2 2 1
2 88,323 21 2 .8 3 8 l,4 7 0 ,6 3 l| 1,062,817
So.Pac.ofA riz. M ay..........
40 6 ,9 2 7
4 8 0 ,09U
G eo. So. dc F la . J u n e ..........
9 3 ,6 5 7 j 6 9 ,6 1 7
5 76.007
734,378;
161.699 126.870
So.Pao.ofN.M . M ay..........
925,b05
Gr. R ap. dc I n d .. I s tw k J u ly
48 ,3 3 4
3 8 ,1 0 2 1,025,405
787,781
884,268!
2 0 2 .8 0 0 172.722
N orthern Ry M ay ..........
2 00,099
220,741
C ln .R .A F t.W . I stw k J u ly !
8,3 5 zl
7.6 2 1
15,487,994
1
2
,220,807
Pacific system M ay.......... 3,51 1 ,7 3 7 2,651,238
19,353
20,401
T ra v erse C ity, ls t w k J u ly |
9 1Of
822
T otal of all./ M ay.......... 4,955,915 3,807,3^ 7 22,971,098 18 6 0 9 ,9 3 6
54.4U8
59,614
M us.G . R. A i. ls tw k J u ly
2 ,8 5 ,
3,371
316.055 10,537,033 9,58 6 ,9 6 9
T ot a ll lin es, lstw k ..'u ly
6 0 ,955.
4 1 ,9 1 6 1,326,161 1 ,199,665 Southern R y ,g.. Is tw k J u ly 390,426
631,292
732,502
31.455
32,1 5
M
em phis Div. 4 th w k J’ne
•Gr.Tr’n k S y s t’ii! I stw k J u ly , 4 1 8,554 4 2 7 ,2 5 7 11,798,16* 10,956,233
6.025
5 ,6 5 7 1
2,019
1,860
C h ic .A G r.T r 3 d w k J u n e !
77,131
5 9 ,9 5 7 1,759,613 1 ,365.422 StonyCi. AC.M t. M ay..........
101,353
129,109,
4.260
4,339
T
e
x
as
C
e
n
tr
a
l..
4thw
k
J
’ne
43 6 ,1 9 3
402,526
D et.G r.H .A M . 3d wk J u n e
15,2 4 7
18,0 2 6
3,148,336
3
,6
2
2
.-7
5
97.861
T ex as A P a cific. Is tw k J u ly 100,894
G reat N o n h ’n—
20.780
3.000
St. P. M. Ac M J u n e .......... 1 ,4 2 3 ,6 5 7 1,146,547 7,858,773 6 ,128,013 Tex. 8. V. A N.W. Ju n e ...
843,72
895,679
24,669
2 9 ,9 1 1
669,965 T oi.A O hioC en t. Is tw k J u ly
716.87b
E a st o f M inn. J u n e .......... 1 1 0 ,1 3 1 | i-»9,5 0 9
438.23 6
479
958
17,548
18,275
T
o
l.P
.
A
W
est..
Is
tw
k
J
u
ly
961,359
998,713
M ontan a Cent J u n e .......... 1 5 7 ,4 6 2 1 8 4 ,2J 8
1,061.938
1,078.7
43
39 419
35.909
T o t-sy stem J u n e ......... 1 ,6 9 1 ,2 5 3 1,480,274 9 ,5 74,362 7 ,759 ,3 3 7 T o l.S t.L . A K .G Is tw k J u ly 1,364,994 1,242.709 6,285,133 5 .4 7 5 ,9 0 0
5
7
,842
Union
P
a
c.R
R
..
M
ay..........
80,312
G ’lfB ’m ntAK.C. J u n e .........
1 5 ,1 1 0
10.1 2 7
1,811,
36
1
,5
8
4
,2
0
2
61,411
59,604
20,697 U n .P .D en .A G .. Ith w k J’ne
23,474
G u lf A C hicago. J u n e ..........
2 ,3 5 6
2,473
2 4 ,399 Wabash............. Is tw k J u ly 218,8 5 200,535 6,6u3,857f 5 ,5 9 2 ,7 9 7
24,400
H oos.T un.deWil. J u n e ..........
4,7d4
5 ,0 4
59.019
7
0
,9
3
1
10.45W
17
3
17
H ou s.A T ex .C en M a y...........
1 7 8 ,3 3 9 1 7 9 ,2 2 7 1,108,857 1 ,102,773 Waco A N orthw A p r n ........
8 0 1 ,8 4 4
828,8271
183,750 194,38Illin ois C e n tr a l» J u n e ..........j 1206530 •- • 1793454 113168238 110701694 W .Jersey& sea’e M ay..........
98,239
95,572
7 4 ,468 W. V .Cen.APitts M ay..........
73,509
I n d .D ec . A W est. February..
3 8 ,5 1 1
3 7 ,4 5 3
119.252
117,942
34.547
35.085
340,563
W
estV
a.A
Pitts.
A
p
ril.........
386,230
Ind. III. A I o w a . May .........
6 7 ,0 2 2
64,6 4 2
259,731'
2 5 7 ,1 7 0
46,214
4 8 .166
Western of A la . M ay..........
In.A G t.N orth’n . l “tw b .7u ly
4 2 ,7 4 9
45,842; 1,661,034 1 ,591,912
59,800 1,433,332 1 ,3 4 3 ,4 3 6
56,000
Is
tw
k
J
u
ly
1
,295,020
W
est.N.
Y.
A
Pa.
1,580,500
tln tero o . (M ex.) W kJune25
53.8U0
5 1 ,1 2 0
7 24,189
5 1 4 ,0 0 4
21,693
30,628
7 8 0 ,7 5 2 Wheel. A L. Erie I s tw k J u ly
920,056
Io w a C e n tr a l.. I s t w k J u ly 1 30.41H
29.^3
RAILROAD
EARNINGS.
120
BO ADA
THE CHRONICLE.
L a te s t G ross E a r n in g t,
W eekorlfo
1898.
1897,
Jon. 1
to L a te s t D a te .
4 lh
w eek o fJ u n s .
1897,
1898,
[Vol. L xvn
1898.
1897.
S
25,637
12,930
67,100
117,600
5.184
4,339
23,167
59,601
$
19,830
14,25 1
69,000
95,600
3,841
4,200
18.522
61,411
In crea se.
D ecrea se,
$
5.757
$
K an, O. Mem, & B lrm __
*
$
$
*
Keokuk «fc W estern ..........
34,497
W ilkeab. A E ast, A p ril.........
"1 .3 * 1
27.433
1 ,9 0 0
W1L CoL A Aug. M arch .......
69,270
50,180
186,357
205,092
2 2 ,0 0 0
95.100
98,033 2,116,081 2,023,620 Rio G rande W e s te rn .....
WlAOOXtalu Ctf-ut. 1st w k Ju ly
1,340
5,710
W rigbta v .ATen. May........
5,373
35,709
33,108 S herm anS hrove. «&S o ...
79
25,826 T exas C e n tr a l............ ...
0,236
5,700
Y ork S o u th ern M ay .........
29,199
Toledo Poori a &l Wesfc’n .
4,645
a T hese figures imoiude re su lts on leased lines- b in c lu d e s earn in g s Un. P ao. Don. & G u lf ....
1,807
from ferries, e tc ., n o t given se p a ra te ly ,
c In c lu d e s D es M oines &
K a n s a sC ity fo r all periods. d ln o io d e a o p eratio n s of th e Glito. B u r
T otal (8 6 r o a d s ) ....... . 10,126 032 9,292,438
944,587
110,998
lington dc N o rth ern In b o th y ears,
e In clu d es re s u lts on A T. & 8 .
N s*Inorease (8'97 p. o.)„
833,594
....
F e, G ulf Ool. A H. F a, 8 . F© Paoitlo fold A tla n tic A Pacltlcb an d So,
Cal, R y.
f In clu d es th e Paoitlo sy stem , th e A tlan tio p ro p e rtie s an d
th e H o u sto n & T exas C e n tral system . B eginning J u ly , e a rn in g s of
Net Earnings Monthly to Latest Dates.—The table follow
M em phis D ivision an d Middles!) ©rough & A iken b ran ch es are included
f o r b o th years.
ing shows the gross and net earnings of S t e a m railroads
•P a ss e n g e r traillo d u rin g 1st w eek of J u ly , 1897, w as increased reported this week. A full detailed statement, inoluding all
$46,000 on acco u n t of C h ristian E n d eav o r C onvention.
roads from whioh monthly returns can be obtained, is given
t Inclu d es C hesapeake A Ohio S o'w eatern, Ohio Valley an d C hicago
once a month in these columns, and the latest statem ent of
%nd T ex as for 1898 b u t n o t fo r 1897
l M ex ican ourrency.
this kind will be found in th e Chronicle of June 18,1898.
| Covers re su lts of tin es d ire c tly o p e ra te d e a s t of P ittsb u rg .
The next will appear in the issue of July 28,1898.
Latest ttross Earnings by Weeks.—The latest weekly earn
ings in the foregoing are separately summed up as follows:
Kor the first week of July our preliminary statem ent
0avers 70 roads and shows 0'60 per oent inorease in the
aggregate over the same week last year.
Is* tseek
o f J u ly .
A labam a G t. S o u th e rn ...
B a lt. A Ohio S o u th w e st..
B url. Ced. R ap. & No.......
C e n tra l of G eo rg ia....... .
Chicago A E a st, HUnols.
Chic. G reat W estern.......
Chic. In d lan ap .A Louisy,
Chicago Milw. A St. P aul
Chlo. T erm . T ra n s fe r__
Chicago & W est M ichigan
Col. S andusky A H o ek ’g.
D enver A Rio G ra n d e ...
D et. Gd. R apids <fe W est.
B vansv. A In d ian ap o lis..
E v an sv . & T e rre H a u te ..
F lin t A P ere M arq u ette..
F t. W orth & Rio G rande.
G eorgia...............................
G rand R ap id s A In d ia n a .
C incin n ati R . & F t. W ..
M ask. G r. R ap. A I n d .
B ra n d T ru n k ..................)
Chic. & G ran d T ru n k >
D et. Gd. H. A M .........)
In te rn a tio n a l & G t. No..
B a n a w b a A M ich ig an__
K an. C ity F t. 8 . A Mem..
K an. C ity Mem. & B lrui.
B a n . City P lttsb . A Gulf
L oulsv. E v an av . A St. L.
L ouisville A N a s h v ille ...
M inneapolis A St. L ouis.
M inn. St. P. A S. 8 te . M ..
Mo. P aoitlo A Iro n M t__
Mobile A B irm in g h a m ..,
m. Y . O n tario A W estern
Ohio R iv e r.........................
P e o ria Deo. A E v a n a v ...
P ltta b n rg A W estern .___
Rio G rande S o u th e rn __
8 t.
8 t.
8 t.
Jo se p h <fc Gd. Isla n d .
Louis & San F ra n __
L ouis S o u th w este rn ..
Bouthern R a ilw a y . . . . . . .
T oledo A Ohio C e n tr a l...
Toledo P eo ria dt W est’n ..
Toledo St. L. A Kan.C ity.
W estern N. Y . P e n n ...
W heeling <fe L ak e E r ie ...
W isconsin C e n tral...........
T o ta l (70 ro a d s)......... ..
N et Increase (0-00 p. o.)..
1898
3
29.204
23,197
10,396
106,839
66,818
66,993
481,000
82,492
188,510
78^636
8 1.965
61,863
588,418
20,344
33,791
15,654
140,400
25,488
0.169
1897.
Increase.
8
S
50,817
4,504
30.907
19,548
48,334
8,852
910
2,859
27,162
22,404
10,561
110,194
73,738
71,771
473,000
75,575
190,340
09,908
87,962
58,711
623,862
19,180
28,268
11,777
166.90J
23,074
5,705
20,077
53,336
3,474
21,457
19,249
38,102
7 ,0 2 1
822
3 ,3 ; l
418,554
427,267
42,749
30,418
8,809
63,-104
18,799
52,862
9,288
53,100
24,760
389,150
200,048
101,503
31,586
63,582
131,712
360,000
15,000
4,579
69,756
198,657
373,341
20,128
132.26J
15,492
54,820
7,902
41,100
16,363
123,842
74,300
390,426
100,894
29,912
18,275
35,905
218,875
56,000
30,628
95,100
45,842
29,337
8,740
62,657
14,427
38,985
6,119
56,680
23,663
372,355
2.19,109
100,224
38,870
62,579
146,108
352,000
81,000
18,183
117,353
74,000
346,055
97,861
24,669
17,548
39,419
200,535
59,800
21,593
98,033
0,422,801
6,384,612
......
........
2 1 ,0 1 2
1 2 ,0 0 0
4,982
75,206
184,615
355,091
21,032
105,311
14,276
62,675
6 ,2 2 0
2,042
793
Decrease,
*
165
3,355
6,920
4,778
8 ,0 0 0
6,917
8,728
nnr - ■•
3,127
1,158
5.523
3,877
rrmn- - rT
2,414
464
335
1,030
9,450
299
10,232
1,231
7,830
5,997
35,444
20,500
2,519
TT|1____
88
512
8,703
, r_
1,081
63
807
4,372
13,877
3,169
1,097
16,795
1,279
i,0 0 3
8 ,0 0 0
3,093
3,580
39,061
4,284
14,398
3,000
14,042
18,250
26,949
1 ,2 1 0
1,682
180
6,489
300
44,371
3,03 i
5,243
727
18,340
9,03}
403
5,450
904
.
7,855
39,900
3,514
3,800
2,933
270,108
38,212
231,896
For the fonrth week of .Tune our final statem ent oovers
86 roads, and shows 8'97 per oent Increase in the aggregate
over the same week last year.
4th
w eek o f J u n e.
P reviou sly re p ’d (6 9 ridai
Ala. No. A Tex. P ao .—
New Ore. A So. E a s t...
Ala. Sc V ic k sb u rg .........
T icks. Sh. dc P a o .........
Chic. T erm . T ra n sfe r ...
d e v . Cat ton A S o u th 'll..
Oieve. Gin. C hic.& rit. L . .
In tero ce an io (M ex.).........
K an. C ity F t. 8 . A M em .
1898.
1897.
In crea se.
9
9
9
9,127,359
8,381,983
851,341
41.000
19.000
36.000
16.000
18,000
33,904
22,142
18,205
343,884
51,120
84,432
5.000
3.000
2 0 .0 0 0
34,676
26,131
22,128
378,075
53.800
88,302
2 .0 0 0
772
3,989
3,92 J
34,191
2,680
3,870
D ecrea se,
s
105,965
----- Grots
Jtoadt,
1898.
*
Earnings.-----,,-----N e t Homines.—
1897.
1898.
1897.
*
#
$
1 0 0 ,2 0 0
An n A rbor..................May
110.389
26,546
30,985
J a n . I to May 3 1 .__
61G.900
528,099
156,083
1 73,443
10,914 def. 824
A ustin A N ortw ’n .b.M ay
9 ,5 4 3
1.132
Ja n . 1 to M ay 3 1
52,380
75.211 def.6,675
18,575
Buffalo C ity G a s__ J u n e
..............
10,902
O o t 1 to J u n e 3 0 . . . ......................
269,618
624,340
C e n tral Paoitle. b .. . .M ay 1,474,335 1,044,817
4 1 0 ,6 2 0
Ja n . 1 to May 3 1 .... 6,062,410 4,728,357 2,300,456 1,641,832
Cblo.A W est Ml o h ... M ay
146,706
127,111
24,726
20 ,4 7 1
Ja n . 1 to M ay 31 . . .
719,714
6 17,750
149,755
117,553
Ohio. Ind. A L o u is .a .M a y
274,452
260,840
91,93*
80,747
324,004
Ja n . 1 to May 3 1 .... 1.259,787 1,136,210
298,801
Ju ly 1 to M ay 3 1 .... 3,043,150 2,621,082
880,796
760,057
Choctaw O kla.A G ,b-M ay
105,904
19,391
57,767
9,091
Ja n . 1 to M ay 3 1 . . . .
641,344
416,599
218,200
95,568
678,820
N o v .l t o May 3 1 ....
959,547
188,041
856,207
14,918
Colorado M idland. .M ay
127,064
115,446
19,438
J a n . 1 to May 3 1 ....
638,986
637,634
84,325
118,607
Ju ly 1 to M ay 31 . . . 1,601,215 1,514,037
2 74,61*
810,767
D et. Gd. R ap. A W .a.M ay
136,419
103,978
35,266
20,772:
Ja n . 1 to M ay 31___
599,417
497,630
127,384
95,398
F lin t & P ere M arq.a.M ay
235,792
43,271
200,539
54,956
Ja n . l t o May 3 1 . . . 1,193,874 1,102,118
259,105
270,653
G t’d Rap. Gaa-L. C o .Ju n e
........
8.291
8,451
Ja n , 1 to J u n e 3 0 ....................... .
62,894
62,793
G r.T n m k of C anada. May 1.571,581 1,475,578
60*,240
552,106
J a n . 1 to M ay 3 1 .... 7,596,401 6,947,349 2,361,464 1.921,834
J u ly l t o M ay 31 ...1 8 ,5 3 2 ,1 9 8 17,041,851 6,314,603 4,920,207
42,159
Olio. A Gr. T ru n k .. May
300,167
326,966
73,048
317,526
137,203
J a n . 1 to M ay 3 1 . . . . 1,512,761 1,190.880
73,558
D et. G r.H . A M il..M ay
67,198
16,994
16,863
62,822
384,164
J a n . 1 to May 3 1 . . . .
353,439
68,181
179,227
def 401
H oust. A T ex . Cent. .M ry
178,339
17,254
Ja n . 1 to M ay 31 . . . 1,108,857 1,102,773
166,846
225,025
J u ly l t o May 3 1 .... 2,996,036 3,029,972 1,014,983 1,019,068
1,741
Ja ck so n Gas-L. Co. ...Tune
......... .
1,358
12,105
Ja n . 1 to J u n e 30 . . .
_______
10 069
5,925
M a r.l to J u n e 30................ ..........
7,477
278,394
101,736
91,986
L ake E rie A W est. b.M ay
248,855
526,049
541,034
J a n . 1 to May 3 1 ---- 1,396,613 1,342,569
27,634
M exioan N o rth e rn ... May
44,352
48,715
24,558
123,213
271,749
151,777
J a n . 1 to M ay 3 1 . . . .
228,793
306,564
281,314
J u ly 1 to May 3 1 ....
501,004
568,038
4,100
10,649
■3,509
M exican T elephone..M ay
11,337
17,054
52,331
20,205
J a n . 1 to M ay 3 1 ___
55,655
31,459
11,139
12,273
M ar. 1 to M ay 3 1 ....
33,629
95,385354,718
121,079
Phtla. & E r le .b .........M ay
391,611
3 83,112
J a n . 1 to May 31 . . . 1,515.004 1,490,552
357,881
5,599
San A n t. & A ran. P .bM ay
129,209
9,528
144,858
118,249
123,759
777,254
Ja n . 1 to M ay 31 . . .
761,582
523,432
665,955
J u ly l t o May 3 1 . . . . 1,910,239 2.079,456
5,423
3,060
St. Jo sep h G as L. Co. J u n e
...........
29,585
21,263
Ja n . 1 to Ju n o 3 0 ...........................
60,001
39,332
Ju ly l to J u n e 3 0 ...........................
S o u th ern Paoiflo—
G al.H ar.A San A .bM ay
474,441
337,937
103,718
48,949
584,060
J a n . 1 to May 3 1 .... 2.249,969 1,810,574
359,451
Ju ly 1 to May 31 . . . 4,676,209 4,483,741 1,399,871 1,355,848
70,941
48,812
L ouisiana W est b .M a y
99,412
25,878
406,340
Ja n . 1 to May 3 1 ....
500,952
233.512
171,258
Ju ly 1 to May 3 1 ....
931,837
9L2.897
385,495
413,877
333,273
109,302
M’g an'sL a.A T ex.bM ay
490,330
63.223
848,307
J a n . 1 to May 3 1 .... 2,524,572 2,076,954
565.786
J u ly 1 to M ay 3 1 .... 5,203,174 5,116,382 1,567,528 1,714,525
23,341
N. Y. Tex. A M b ..M a y
22,495
8,380
8 ,8 8 8
Ja n . 1 to M ay 3 1 ....
125,516
116,751
40,548
51,755
320,230
179,389
Ju ly 1 to M ay 3 1 . . . .
337.584
102,063118,957
35,205
T exas A N. O rl.b . M ay
133,264
38,488
206,253
221,347
Ja n . 1 to M ay 31 . . .
657,448
034,285
476,440
494,400
Ju ly 1 to M ay 31 . . . 1,346,918 1,397,228
914 565
365,851
180,416
A tlan tio P r’p’C sb.M ay 1,235,370
J a n . l t o May 3 1 . . . . 6,177,969 5,128.068 1,940,987 1,344,897
J u ly 1 to M ay 3 1 ....1 2 ,6 8 4 ,8 1 5 12,478,452 4,092,591 4,124,769
So. Pao. of C a l.b ..M a y
945,835
789,270
304,997
316,205
Ja n . 1 to M ay 3 1 __ 4,531,029 3,753,936 1,675,252 1,353,059
Ju ly l to M ay 31 ...1 0 ,3 0 7 ,4 1 8 8,803,993 4,396,244 3,482,128
212,838
130,474
71,6 2 4
So. Pao. o t A risi.b.M ay
284,323
532,673
328,455
J a n . l t o May 3 1 .... 1,470,631 1,062,817
399,434
J u ly 1 to M ay 3 1 .... 2,796,170 2,179,357 1,040,038
120,870
89,965
67.611
So, Pao. of N. M b .M a y
161,699
576,007
369,156
291,974
J a n . 1 to M ay 3 1 ---734,378
691,811
544,510
J u ly 1 to M ay 3 1 ---- 1,383,010 1,143,802
172.722
78,438
44,031
N o rth ern Ry.l>-----May
202,800
787,761
257,989 ' 176,290
Ja n . 1 to M iy 3 1 . . . .
884,268
820,946
745,115
J u ly 1 to May 3 1 .... 2,196,916 2,030,684
PaclUo S y stem .b ..M ay 3,511,737 2,651,238 1,414,236 1,009,875
J a n , 1 to v la y .il ...1 5 ,4 8 7 ,9 9 4 12,220,807 5,777,275 4,07.3,173
Ju ly l to May 3 L ....3 5 ,2 9 4 ,2 0 9 29,073,437 14,747,132 10,742,553
T o ta l of a ll.b ........ M ay 4,955,915 3,807,307 1,800,219 1,195,929
J a n . 1 to May 3 v . . . .22,971,098 18.609,936 7,998,266 5,041,756
J u ly 1 to May 3 1. ...5 1 ,4 4 1 ,6 1 4 45,102,023 20,012,091 16,080,860
THE CHROJNICLE
JU L Y 16, lSHCf.j
- Gross E a r n in g s .
1898.
1897.
$
$
3 1 ,5 2 6
7 1 ,3 4 4
4 6 1 .6 3 3
4 2 0 ,6 3 8
9 8 2 ,1 6 6
8 8 8 ,8 3 2
R e a d s.
T o l.P e o r ia * W est.bT une
J a a . 1 to J a n e 3 0 —
J a ly 1 to J a a e 3 0 . . . .
W estern G as Co.—
M llw ’kee Gas-L.Co. J une
Jan . 1 to J u a e 3 0 . . . .
W . V irgin ia A P ittsb b Apr.
Jan. 1 to Apr. 3 0 ___
J a ly 1 to Apr. 3 0 ___
a S e t e a rn in g s Here g iv e n
b N e t e a rn in g s Here g iv e n
y e t E a r n in g s .1898.
1897.
$
$
1 8 ,4 8 5
20,238
1 2 6 ,4 3 2
111,017
2 7 3 ,0 2 0
231,903
3 1 ,2 2 5
2 2 9 ,4 9 0
3 5 ,0 8 5
1 3 ,3 2 1
3 4 ,5 4 7
1 1 9 ,2 5 2
1 1 7 ,9 4 2
5 1 ,7 8 1
3 2 8 ,1 1 0
3 1 7 ,0 7 8
1 5 6 ,7 3 0
a r e a lte r d e d u ctin g ta x e s ,
a re b e fo r e d e d u ctin g ta x e s .
30,250
2 3 0 ,922
15,234
51,790
160,387
In terest Charges and Surplus.—The following roads, is
addition to their gross and net earnings given in the fore
going, also report charges for interest, So., with the surplu.
or deficit above or below those charges.
----- I n i . , R e n ta ls , <&c. — * r -B a l. o f N et
1898.
1S97.
1898.
*
$
2 0 ,0 0 0
1 9 ,0 0 0
d e f.6 0 6
1 3 3 ,0 0 0
1 3 3 ,0 0 0
2 1-., 267
1 6 .8 8 5
1 5 ,8 2 7
1 8 ,3 8 1
8 3 ,1 7 8
7 9 ,2 7 0
4 4 ,2 0 0
5 3 ,7 5 7
5 2 ,7 4 6
1,1 9 9
2 6 7 .4 4 0
2 6 5 ,5 5 6
3 ,2 0 7
6 0 ,3 1 2
6 0 .3 9 8
4 1 ,4 2 4
3 0 0 ,7 9 0
2 9 8 ,8 1 6
2 4 0 ,2 4 4
2 2 ,3 5 2
2 2 ,9 9 0 d e f.3 ,3 6 7
2 6 7 ,5 3 2
2 7 5 .2 7 5
5 ,4 6 8
Roads.
Olioo. Okla. A G a ll..M a y
N ov. 1 to M ay 3 L----D et. G d.R ap.A W est..M ay
J a n . 1 to M ay 3 1 . . . .
F lin t A P ere M a rq ...M a y
J a n . 1 to M ay 3 1 . . . .
L. E rie A W est’n . . . M ay
Jan . 1 to M ay 3 1 ----V o l. P eo ria A W e st..J a n e
J u ly 1 to J a a e 3 0 . . . ,
B a m 'g t . 1897.
*
d ef.9,909
55,041
4,945
16,123
def. 9,475
def. 6,451
* 31,588
2 2 7 ,2 3 3
def. 2,662
def.4 4 ,372
STREET R llL W 1Y8 AND TRACTLOV C 0*PA N (B s
The following table shows the g r o s s earnings for the latest
period of all s t r e e t railways from which we are able t o ob
tain weekly or monthly returns. The arrangement of the
table is the same as th at for the steam roads—that is, the
first two oolumas of figures give the gross earnings f o r the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
ST R E E T
GROSS
E a r n in g s .
R A IL W A Y S A N D TR AC TIO N C O M PA N IES.
L atest Gross E a r n in g s .
W eek o r Mo
1898. | 1897.
J a n . 1 to L a te st Date,
18 9 8 .
1897.
$
!
3
$
$
7 .9 5 0
3 1 ,3 9 1
9,4 7 8
32,897
3,904
3,0 0 4
15,724
14,061
-9 .2 9 1 1 8 ,4 8 5
3 5 ,l~ l
32,083
2 2 4 ,9 2 9 2 1 7 ,9 7 9 1 ,1 )3 ,7 1 7 1,086.423
1 ,9 3 -;
1.721
7,541
7,013
6,64 *
31,034
6,331,
31,1 6 6
56,951
12.3351 12 ,0 6 5
52,587
2 5 ,9 0 0 2 4 .4 2 9
1 0 0 .3 1 2
91,562
2 6 .8 4 2 2 0 .7 S 4
1 2 4 ,406 121,409
U 27.835 U 50.860 t5 5 3 ,6 0 0 t 5 3 1,951
A kron B e d fd & C lev M a y ...........
A m sterd am 8t. R y . . A p r il..........
M ay............
Ju n e ___
M a y ............
' l a y ............
B in gh am ton St. Ry.. M a y ............
B rid gep ort T raction A pril ___
B rock ton Con. Sc. Ky M ay............
B rook lyn E le v a te d ! A p r il..........
B r’k lyn Rap. Tr. C o.J u n e .......... 5 8 0 ,0 4 0 4 9 5 ,0 0 7 2 ,8 6 7 ,3 5 5 2,531,055
15,862i
6 7 ,9 6 4
11 ,2 9 A
O in. A M iam i V a l.. .
A p r i l .......
79,9021 0 8 ,0 3 l' 3 1 5 ,3 9 a 283,620
M a y ............
5,6 7 1
5 ,3 2 7
26,7 4 5
22,872
2.137
M a y ............
2 ,3 5 3
8,522
8,302
143,653
1
3
9
,3
0
0
'
a
y
..........
6
9
0
,5
7
3
640,080
C levelan d E le o tr lo ...
28,110
M a y ............
8,5 5 6 | 7 ,5 6 2
C leve. P ain av. & E.
3 2 ,3 8 0
M a y............ 63,346: 4 8 .8 9 0 2 0 7 ,8 8 7 23L.682
A p r i l ........ 2 5 2 ,2 9 0 2 3 8 ,8 1 3 9 6 5 ,2 4 5 8 8 3 ,540
D a n v . G as E l. L ig h t A
A p r il..........
8,519! 8 ,3 3 0
3 6 ,9 8 4
34,833
27^,563
M ay .......... 64,598; 6 2 .2 4 2 282,864
ls t w k J u ly 26,8481 2 6 ,1 7 8 5 8 0 ,3 2 2 536.400
J u a e .......... 3 2 .1 2 3 3 3 ,- 9 l 1 9 3 ,6 8 5 199,890
74,320
M a y ............ 1 6 ,6 0 0 15,832
7 9 ,8 2 0
19,374
February.. 10,103i 9 ,1 1 6
21,0 8 9
F t. W ayne
J une ........ 15,1401 1 3 ,9 6 7 | 8 7 ,6 7 7
80,310
M arch........ 15,668i 14,559
94,4 6 2
82,037
M a y ............ 2 1 ,5 1 6 1 8 ,8 5 1
H erkim er M ohaw k II11,189
A pril..........
13,211
3,5 7 0 | 3,51*
M ay............ 16 ,6 5 8 1 7 ,2 8 1
71,7 0 7
74,170
I n te r s ta te OonsoL of
26,843
9 ,5 2 3
27,801
M arch........ 10 ,2 9 7
20,082
4,847
20,6 3 9
K in gston C ity R y....... M a y ................................. 5,335!
40,424
8 ,6 7 3
37,795
L eh igh T r a c t i o n ........ M a y ................I 7,357
33,952
37,624
7 ,7 1 4
L on d on S t. Ry. (Can.). M a y ............
7 ,8 9 4
1 5 6 .944 151,316
3 6 .8 6 5
L ow ell Law. A H a v .. M ay. ........ 3 6 ,9 2
9 9 6 ,7 0 0 891,410
M etrop .(K ansas City) ls tw k J u ly 4 6 ,9 2 5 4 2 ,0 0 5
5 1 4 ,599
M etro. W. Side (Chic.) M a y ............ 11 0 3 ,193
21.582
22,738
M ontgom ery St. R y .. M ay..............| 5 ,5 0 0
5,4 7 8
M ontreal S treet R y ... J u n e ...........'1 3 3 ,1 6 5 1 3 0 ,677 € 9 4 ,951 639,092
N assau E lec. (B ’klyn) J u n e .......... 2 1 6 ,3 2 5 1 9 1 ,615 9 8 9 ,2 0 7 840,465
25,740
2 6 ,9 8 0
6.960
N e w b u r g St. R y ......... M a y ................ I 6 ,8 9 9
14,670
15,045
N ew L ondon St. R y .. M a y ..............1 3,750
3 ,7 3 4
N ew O rlea n sT ra ctio n M ay............ 127,291 121,4'48 5 6 8 ,732 543,086
54,605
60 ,8 7 9
N orfolk St. R y.............M a y .............. | 14,8^2 13,104
N orth Chic. 8 t. R y ... J u n e .......... 2 5 3 ,57< 2 3 8 ,7 7 9 1 ,4 0 7 ,9 4 3 1,326,156
N orth Shore TractioD M a y............1 1 8 ,056 119,810 5 1 2 ,793 5 0 3 ,356
5,707
6,005
O gdensbn rg S t. R y ... M ay............
1,639
1,547
3 1 ,5 8 0 3 2 ,2 1 ‘ 1 3 8 .9 4 4 127,452
P a terso n R y ................ M a y ....
43,780
5 6 ,4 0 4
Riohrnond T r a c tio n .. M ay___
19,174 1 3 ,1 3 3
24,997
3 4 ,3 8 L
7,4 4 3
R oxb ’h C'h.H. A N or’n M a y ....
8,8 9 2
20,031
22,2 3 3
5,3 1 5
5,0 9 6
S ch u y lk ill Val. Crac. M a y ....
13,744
3 ,1 8 0
Scran ton A C arbond’e M ay. ..
2,8 0 8
23,1 1 0
4.8 2 2
S cran ton & P ltts to n . M a y___
134,361
147,153
Scran ton R a ilw a y ___M ay.............. ! 30,667
2 8 ,9 6 1
221,144 202,465
S y r a c a se R ap.T r. Ry. J u n e .......... 38,1 0 8 3 4 ,9 3 9
472,386
Toronto R y . . . .
. . . . J u n e .......... 93,7 0 1 9 2 ,0 1 6 534,383
T w in City Rap. T ran. M ay............ 180,306 L59.780 8 3 3 ,529 769.092
83,881
71.485
U nion ( $ . B ed fo rd ).. M ay............ 15,545 18,159
5 9 6 ,795
U n ited Tract. (P itts.) M a y ............ 133 533
U n ited T raet. (P r o v j jM a y ............ 1 43,57) 147,206 6 -8 ,8 1 0 060,014
47.532
50,781
U nit. Trao. (R eading) A p r il.......... 14,029 13,260
19,437
19,157
4,8 8 0
W akefield A S to n e ... M a y ............................. 4,861
118.221
W aterbary T raction. J u n e .......... 22 ,8 2 9 2 3 ,2 6 3 1 2 8 .885
l
,
8
5 9 ,537
W estC h ioago St. Ry |W k J u ly a\ 83,091 8 1 ,4 9 = 1 ,9 22,504
30.532
39,276
12.444
W heeling R a ilw a y ... M aroh........ 12,45
188.668
194.74
7
W ilkesb. A Wy V alley M a y .............................. 4 241.301
.4 2 2
• In clu d es B altim ore fr a c tio n a n d C ity its Suburban for both years.
♦T ro lley oars com m enced ru n n in g on B rook lyn Bridge February io ,
1 8 9 8 , w hich a cco u n ts for doorcase in co m p a n y 's ea ra i ig*.
{S trik e du rin g 15 d a y s o f Ma~oh, 1893; no oars running.
121
Street Railway Net Earnings.—The following table gives
the returns of S t r e e t railway gross and netearmngs received
this week. In reporting these net earnings for the street rail
ways, we adopt the same plan as that f >r the steam roads—
that is, we print eaoh week ail the returns received that
week, but once a mouth (on the third or the fourth Saturdavl
we bring together all the roads furnishing returns, and the
latest statement of this kind will be f mud in th e C h r o n ic l e
of June IS, 1893. The next will appear in the issue of July
23, 1898.
* J
•-----Gross E a r n in g s .-----,
■Eet E a r n in g s .—
18 9 8 .
1897.
1898
1897.
Roads.
$
$
*
D etroit C itizena’St. R v.Ju ne 1 0 3 ,8 1 7
95.627
53,375
48,317
Jan . 1 to J u n e 3 0 __
55 3 .9 7 1
5iO ,222
262.872
239.010
D etroit ELeotrio Rv. Ju n e
3 2 ,123
33,792
10,103
11.163
ran. 1 to J u n e 30 . . .
1 9 3 .6 3 5
1 99,890
6 4 .8 3 1
63.819
Ft.W ’ne&B I.K y(D et.)Ju n e 15,140
11,967
6,176
5,647
Jan. t to J a n e 3 0 . . . .
8 7 ,6 7 7
80,310
3 4 ,113
27,570
M etropolitan St R y.(N .Y .)—
Apr. 1 to J a n e 3 0 . . . 3,23 0 ,7 6 3 2,386.478 1,60 2 ,1 0 4 1,126.924
Jan. 1 to J u n e 3 0 .... 5 ,6 5 4 018 4 ,4 7 3 ,9 4 0 2 ,6 9 0 ,4 0 6 2,078,931
W aterbury Trae. O o.Ju n e
22,829
2 3 ,203
11,470
10,533
J a n . 1 to Ju n e 30 . . .
128,835
118,221
5 ',6 0 0
50,579
Oot. 1 to J u n e 3 0 ___
198,008
1 8 2 ,5 5 2
8 8 ,8 5 0
81,132
Interest Charges and Surplus.—The following S t r e e t
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., with the
surplus or defioit above or below those oharges.
■---- In t., re n ta ls, etc .— . r -B a l. o f y e t E a m ’s .- .
R oads.
W aterbury r ra et’n June.
Oot. 1 to Ju u e 3 0 . . . .
1898.
1897.
1898.
1897.
3,3 7 9
3L.941
2,991
3 3 .8 9 2
8,091
5 i,9 0 J
*7,542
4 7 ,2 1 0
ANNUAL REPORTS.
A n m i a l R e p o r t s . — T h e f o llo w in g is*an index: t o a ll a n n u a l
r e p o r t s o f s t e a m r a i l r o a d s , s t r e e t r a i l w a y s a n d m is c e lla n e o u s
c o m p a n ie s w h i c h h a v e b e e n p u b lis h e d s in c e t h e l a s t e d itio n s
o f t h e 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 .
T h is i n d e x d o e s n o t in c lu d e r e p o r t s i n to - d a y ’s C h r o n ic l e .
F u l l - f a c e f ig u r e s in d i c a t e V o lu m e 67.
R a il r o a d an d Mhscel . Go ’ s
R ailroads and Mrs. Co. ( O o n . ) —
Volumes 66 a n d 67—
Page.
V o lu m e s 6 6 a n d 6 7 —
Page.
Allegheny Valley............................12 <4 Louisv. Ev. A St. Louis Cons. RR . v«99
American Steel Castings Co.......... 20 Lehigh & Wilkesbarre Coal............ 808
American Tobacco......................... 950 Mexican Central............................... 898
Bangor & Aroostook........................855 Mexican Teleph m e........................ li»87
Bethlehem Iron Co......................... 7 1 Michigan Central ........................... 897
Canada Southern R y ....... ........... 1185 Mononiraheia River R R ................ 930
Chicago Edison.......... ....................951 New England Telephone & Telg.. 951
Chicago Lnd. & Louisville R y....... ‘2 8 N. Y. Cent. A Hud. Riv. RR C o...1233
Chicago & North Western.............. 1086 N. Y. Chicago & St. Louis............... 897
Chicago R. I. & Pac...............1086 , 1091 North American Co...............1186, 1234
Chicigo & West lnd........................123t Ohio River RR ............................... 1041
Chic. West Mich ... ................ 854 Pacific Coast Co., f o u r m o n th s ....... 2 0
Cincinnati Edison Co............1183,1234 Pacific Mail SS. Co ... .................. 1042
Cin. Ham. A Dayton Ry. System.. 808 Peoria Decatur & Evansville......... 1234
Cincinnati & Musk. V alley............ 855 Philadelphia Company.................. 952
Cleveland A Marietta..................... 950 Pitts Fc. Wayne & Chicago.......... 2 5
Cleveland & Pittsburg................... 949 Pittsburg A Lake E rie ................... 808
Des Moines & Ft. Dodge............... 1087 Reece Button Hole Mach. C o ....... 809
Detroit Grand Rapids & Western. 855 St Louis T erm , Cupples S tat/on
Prop Co., L3*^j m o n t h s ................. 1037
Dominion Coal Co. (Limited)....... 1037
Duluth & Iron Range RR............... 7 1 Southern Cotton Oil.......................1186
Electric Storage Battery................1187 Standard R >pe A Twine................ 951
809
Erie Telegraph A Telephone....... 951 Swift A C o .......................
Flint & Pere Marquette................ 854 United Gas Impt............................. 898
1000
General Electric...................... 851, 858 U. S. Rubber Co............
Hawaiian Commercial & Sugar— 7 1 Western Union Telegraph............ 1138
Keokuk & Western......................... 1233 Wilmington & Northern RR......... 950
Lake Shore * M. S.................... ... 896
Str e e t R a il w a y s .
L. Sh ire Sys.—Mahoning Coal RR. 8v#7
Lamson Consol. Store Service Co.,1042 Milwaukee Elec. Ry. & Light. 1136,1234
L ak e E rie
C R eport fo r
&
W e s te rn R a ilr o a d .
th e y e a r en d in g D ec .
3 1 , 1 3 9 7 .)
P r e s i d e n t C a lv in S . B r ic e s a y s i n s u b s ta n c e :
R e s u l t s .— T h e g r o s s e a r n i n g s f o r t h e y e a r i n c r e a s e d $95,123, t h e n e t e a r n i n g s $36,267 a n d t h e s u r p l u s , a f t e r p a y i n g
c h a r g e s a n d d iv id e n d s , $15,257. T h e r a t i o o f e x p e n s e s to
e a r n i n g s , e x c lu s iv e o f ta x e s , w a s 57'46, a s a g a i n s t 57'33 f o r
t h e p r e v i o u s y e a r , a n d t h e s u m o f $295,551 w a s e x p e n d e d i n
a d d i t i o n s a n d b e t t e r m e n t s , a s a g a i n s t $219,868 f o r 1898, i n
c l u d i n g $158,925 f o r a u t o m a t i c c o u p le r s a n d a i r b r a k e s .
T h e q u a r t e r l y d iv id e n d o f 5 p e r c e n t u p o n t h e p r e f e r r e d
s t o c k h a s b e e n c o n t i n u e d d u r i n g t h e y e a r , le a v in g a s u r p lu s
o f $149,647 t o b e c a r r ie d o v e r. F r o m t h i s b a la n c e t h e r e h a s
b e e n a d v a n c e d t o t h e N o r t h e r n O h io R y . C o ,, o n a c c o u n t o f
i n t e r e s t o n t h e b o n d s g u a r a n t e e d , $125,000, le a v i n g a n e t s u r
p l u s f o r t h e y e a r o f $24,646.
C l e v e l a n d & N e w O a s ' l e R y . — T h e c o n t e m p l a t e d e x te n s io n
o f t h e N o r t h e r n O h io R y . f r o m A k r o n t o N e w C a s tle w a s
n o t m a d e i n t h e y e a r 1897, b u t c o n t r a c t s h a v e n o w b e e n
s ig n e d b e tw e e n t h e L a k e E r i e & W e s t e r n a n d N o r t h e r n O h io
r a i l r o a d c o m p a n ie s o n o n e p a r t a n d t h e B u ffa lo R o c h e s te r
& P i t t s b u r g R y . C o. o n t h e o t h e r p a r t , b y w h ic h y o u r c o m
p a n ie s a g r e e to b u i l d a lin e o f r a i l w a y o f t h e f i r s t c la s s f ro m
A k r o n t o N e w C a s tle , d u r i n g t h e y e a r 1893, a n d t h e B u ffa lo
R o c h e s t e r & P i t t s b u r g R y . C o. a g r e e s t h a t i t w ill e x te n d
i t s lin e f r o m P u n x s u t a w n e y , t h r o u g h B u t l e r , to N e w C a s tle ,
so t h a t t h e s a m e s h a l l b e c o m p le te d a s a f irs t-c la s s r a i l w a y
n o t l a t e r t h a n M a y 1, 1899.
T h is n o t o n ly g iv e s t h e lin e s o f
t h i s c o m p a n y a n e a s t e r n o u t l e t o v e r r o a d s n o w in o p e r a tio n ,
b u t g iv e s a c c e s s a ls o to t h e m a n u f a c t u r i n g a n d c o k e d i s t r i c t s
o f t h e P i t t s b u r g a n d C in n e lls v ille r e g io n b y c o n n e c tio n a t
B u t l e r w i t h t h e P i t t s b u r g B e sse m e r & L a k e E r ie R R . C o .’s
lin e , r e c e n t l y c o m p le te d , a n d to th e e x te n s iv e c o a l a n d co k e
fie ld s o f t h e B u ffa lo R o c h e s te r & P i t t s b u r g R y .
The
b o a r d b e lie v e s t h a t t h i s w ill m a k e t h e N o r t h e r n O h io R y .
C o. n o t o n ly s e lf s u p p o r t i n g , b u t a s o u r c e o f p r o f it t o t h e
L a k e E r ie & W e s te r n .
P r o s p e c t s .— Y o u r p r o p e r t y is in b e t t e r c o n d itio n t h a n e v e r
b e f o r e in i t s h is to r y . T ra ffic c o n d itio n s a r e s t i l l u n f a v o r a b le
i
THE ch r o n ic le :
122
in the territories served by yonr company's lines, so that
while the volume of business increases, gross revenues show
little or no gain. We believe, however, that in your com
puny's territory the returns for the year 1S9S and subsequent
years will be much more satisfactory.
Mainten nice. Same of the work done for the maintenance
and improvement of ihe property is as follows :
T h e b r id g e s h a v e boon fu lly m a in ta in ed auil e x t e n s iv e Im p ro v e
m e n ts o f a p erm a n en t c h a ra cter milled. In clu d ed lu th e rep a irs Is
th e ren ew a l and pop at lu g o f p ile a n d tr e stle b rid g es, a g g r e g a tin g In
a ll 2 7 .0 1 5 H. mil fe e t. In a d d itio n o n e sevouty-t <it, o n e fo r ty -o n o -fo o t
and tw o fo r ty -fo o t s te e l p la te g ird ers, r e stin g n oon U rst-olass m a so n ry
a b a tm e n ts . w ere p la c e d . T ran s tic s r e n o v e l , 3 1 2 .8 7 0 ; s w itc h ttog
r en ew ed , 7 02 set*. A hout th ree th ou san d fe e t o f o p e u in g s in the
track w ere rep la ced by p e r m a n e n t em b a n k m en t.
N in ety eig h t m iles o f m niu tra ck , e x te n d in g from K irks S ta tio n to
W es ey .lu n o th n. w ere b a lla ste d and l,» 0 0 to n s o f now 7 5 pou nd s te el
r a ils w ere u se d to ren ew w ell-w orn s te e l o f lig h te r s e d a n . The
r ep la c em en t o f n o t le ss than fo r ty m iles o f lig h t s te el w ith now r a il o f
o u r stan d ard - e v e n ty liv e-p o u n d sec tio n la recom m en ded.
T he nu m ber o f lo c o m o tiv es Is o n e hundred a n d ten , all in good
or fair repair. T hree auiaiL lo c o m o tiv e s w ere s o n p p e d du rin g th e
y ea r. T h e c om p a n y Is en g a g e d lu su p p ly in g Its fr e ig h t eq u ip m en t
w ith a ir brakes a n d a u to m a tic c o u p le r s, to m eet th e req u irem en ts o f
n a tio n a l and S ta te la w s. A b o u t th ree th o u sa n d oars ha» e b een huj>p lied w ith a u to u ia tlo c o u p lers a u d o v e r tw o th o u sa n d w ith a ir brakes.
Statistics.—For purpMss of comparison the statements be
low have been compiled:
OI'S It AT IONS AND FISCAL RESULTS.
1897.
1896.
1895.
1894.
M iles opor. D ec. 3 1 .
725
725
725
725
O p e ra tio n s—
P a sse n g e r s ca rried . 1 ,2 6 7 .8 8 3
1 ,3 1 6 ,2 3 2
1 ,3 3 7 .0 3 8
1 .2 5 B .2 3 7
P a s s e n g e r m ile a g e . 3 7 .2 2 3 ,3 5 4 35,1 .1 1 ,3 5 6 3 6 ,3 3 0 ,5 5 s 3 2 ,8 7 7 ,0 7 9
R ate per p ass, p in.
2 0 0 c ts.
2 '3 2 o ts.
2-43 c ts.
2 -46 fits.
Fr* g ilt (tous) m oved. 2 ,3 0 3 7 6 2 2 ,1 3 :,0 6 2
2 ,1 5 5 ,7 3 0
2 ,1 1 6 ,1 8 9
Fr’g lit (tons) m ll'g e 3 7 3 ,5 7 8 .5 2 9 3 4 5 ,7 0 2 .9 7 6 3 3 5 .9 3 7 ,3 3 7 3 3 1 .4 3 7 ,5 2 7
A v . r a te p c o u p .m .. 0 '6 0 4 cts.
0 6 1 8 cts.
0 -6 6 1 ots.
0 6 3 1 cts.
E a r n in g s —
k
*
$
$
P a s s e n g e r .......... .
F re ig h t......................
M ali, ex p ress, & o ...
7 9 i,9 * 5
2,2*5,272
339,180
831,548
2 166,590
376,135
883,642
2,222, U 7
412,945
823,123
2,092.963
429,317
T otal e a rn in g s..
3 439,397
3,344,273
3,519,104
3,3 45,403
M a in te n an ce of way
C ars ifemotive pow er
T r.tu sii't’tiex p eases
G en eral re n ta l o t
tra c k s, ta x e s , A c..
326,954
313,790
1,125,917
316.699
279,938
1.073.884
314,903
237,5 18
1.061,961
293,212
284,6 S
1.074.149
43S.639
145,655
456.048
436,482
T o ta l.....................
N et e a r n in g s ...........
2,205,250
1 2 3 4 ,1 4 7
2,146,176
1,193,097
2,150,430
1,363,674
2,093,501
1,251,902
O per a t i n g e xpen ses -
INCOME ACCOUNT.
1897.
N et e a rn iu g s______
$
Deduct I n t. on l a t M. bonds
Do N o rth e rn Ohio.
Dlv. on p r e f , stu c k ..
R a te of d iv id e n d ...
T o ta l......... ...........
S u rp lu s......................
A ssets —
1896.
$
1895.
1894.
$
$
1,234,147
1,198,097
1,368.674
1,251,902
492,500
125,000
592,000
471,7 18
125.000
592,0 J0
(5 p. o.)
467,500
455,333
592.000
(5 p. o.)
592,000
(5 p. 0 .)
1,188,708
9,389
1,059.500
309,174
1.047,333
204,569
(o p . o.)
1,209,500
24,847
BALANCE SHEET DECEMBER 31.
1897.
1896.
$
R in d a n d e q u ip m e n t..........................3 4 ,0 ^ 2 ,5 8 2
M a teria ls Ou h a n d .................................
1 3 3 ,5 1 7
S tocks am i bonds o w n e d ....... ........ '1 ,2 3 7 ,3 7 0
T a x e s ..................................
D u e from a g e n ts a n d r a ilr o a d s___
20,231
1 6 4 ,7 1 9
B ills re ce iv ab le .......... ......................
No. Oh o im p., etc , fund..................
549 ,715
205,838
M i-o elia u o o u s........................................
C ash ,............................................................
3 8 6 ,9 0 4
A ccounts re c e iv a b le ......... ...............
A dvances to o th er ra ilro a d s ..........
43,795
308,793
2 8 .6 52
1895.
$
$
3 1 ,0 7 2 ,5 8 2 3 3 ,5 7 2 ,5 8 2
1 3 7 ,2 6 0
6 0 ,2 4 0
* 1 ,2 3 2 , <76
1 ,7 3 2 , <76
2 6 ,9 6 7
2 0 107
1 8 3 ,231
2 3 1 .3 1 2
3 6 ,1 6 3
2 8 ,9 6 0
4 5 2 .8 8 3
3 2 7 ,0 0 9
2 3 4 ,6 2 3
5 8 9 , '87
3 0 6 ,7 9 3
2 9 3 ,4 0 0
2 3 ,5 3 1
2 6 ,5 2 2
4 9 5 ,6 5 1
7 8 0 ,1 2 8
T otal a s s e t s ..................................... 3 7 ,1 6 0 ,1 2 2 3 7 ,4 9 8 ,5 3 0 3 7 ,3 7 6 ,4 5 9
L ia b ilitie s —
C apital s to c k ...........................................2 3 ,6 8 0 ,0 0 0 2 3 .6 8 0 .0 0 0 2 3 ,6 8 0 ,0 0 0
B o n d , d e b t (see 1s v - s t u b s ' S o p p .) .1 0 ,8 : 5 ,0 0 0 1 0 .8 7 5 .0
'0 1 0 ,8 5 ,0 0 0
P r o c e ed s or 2 d tn o rl, bon ds s o ld ..
2 5 2 ,5 3 2
5 4 3 ,1 3 4
2 9 2 ,5 0 0
A ccru ed in t e r e s t..................................
2 4 8 ,3 0 0
2 3 9 ,7 8 3
2 3 5 ,4 5
A c co u n ts p a y a b le ...............................
8 9 ,2 3 2
1 4 5 ,1 4 0
1 1 2 ,3 2 0
B ills p y a b le ...........................................
4 5 0 ,0 0 0
4 5 0 .0 0 0
3 0 0 .0 0 0
1 nptud w a g e s ........................................
9 1 ,7 5 2
9 1 ,9 4 2
1 0 1 ,1 7 4
Dlv* d e a d s p a y a b le ........ ....................
1 4 8 ,0 0 0
1 4 8 .0 0 1
1 4 8 .0 0 0
N o .O h io iiu p ro v e m 't, e tc ., a c co u n t
1 8 7 ,9 7 3
2 1 3 ,2 6 1
5 5 2 ,1 8 4
M iscellan eou s. .......................................
4 7 ,0 5 1
4 2 , <32
-24,26o
A sse ts o v er lia b ilitie s ......................... 1 ,0 8 9 .5 8 2
1 ,0 6 1 ,9 3 5
1 ,0 5 5 ,5 4 6
T o ta l lia b ilitie s .............................. 3 7 ,1 6 0 ,1 2 2
3 7 ,4 9 3 ,5 3 0
3 7 ,3 7 6 ,4 5 9
* »f tills a m ou n t $ 1 ,0 2 5 ,0 0 0 is seoon d m o r tg a g e b o n d s in tr e a su r y ,—
T 66 , p. 424.
Louisville & Nashville R ailroad.
( Advance Statement for year ending June SO, 1898.)
Mr- August Belmont, Chairman of the Board, accompanies
the usual preliminary statement of earnings with the follow
ing remarks :
Results.—“ The general results of the operations for the
fiscal year ended June 30, 1998, show an estimated surplus
of $1,621,143. There has been appropriated out of this su r
plus the following am ounts:
F o r c o u p lers and a ir b r a k e s..................................................................
F o r r o llio g s lo c k .
. . ...... ................... — ................... ....................
F or red u ction o f g ra d e...........................................................................
$ 5 0 0 ,0 0 0
5 0 0 ,0 0 0
2 4 8 ,4 4 1
M ak in g a to ta l o f................................................................................$ 1 ,2 4 8 ,4 4 1
“The amount for the purchase of couplers and air brakes
is sufficient to equip fully, in accordance with the require
ments of the Inter-State Commerce Commission all of the
cars in the service of the company. While the rolling
stock has been fully kept up and added to, the increased
business of the company has required an addition to the
vol.
u rv n .
same, the cost of which it was not deemed advisable by
the Board to charge to capital account
Restoration of Wages.—-‘The reduction of the salaries of
the officers and employes which went into effect in 1893 has
been restored 50 per cent, commencing July 1, 1899, and 50
per cent Jan. 1, 1899, which will appear in operating ex
penses for lhe coming fiscal year.
Dividends From Future Earnings.—“ The above appropria
tions complete the extraordinary expenditures which appear
necessary to be made, aud the surp'us earniugs which accrue
hereafter will bs applicable to dividends.”
Earnings.—The operations for the year 1897-98, com
pared with previous vears, are shown below, the earnings for
June, 1893, being estimated :
1 8 9 7 -9 3 .(eat.) 1 8 9 6 97.
*
$
G ross e a r n in g s.......... 2 1 ,9 6 6 .2 9 2 2 0 ,3 7 2 ,3 0 7
O peratin g e x p e n s e s . 1 4 ,8 6 2 ,7 7 8 1 3 ,8 1 9 ,2 1 8
1 8 9 5 96.
*
2 0 .3 >0,7 H
1 3 ,5 0 5 ,2 0 6
1894-95.
S
1 9 ,2 7 5 ,9 9 4
1 2 .2 7 7 ,7 7 3
6 ,5 2 3 ,0 3 9
(6 7 9 8 )
4 2 7 ,0 6 3
6 ,8 8 5 ,5 0 5
(66*2:1)
4 3 4 ,3 7 1
6 ,9 9 3 .2 2 1
(63-69)
3 6 3 ,2 7 3
7 ,6 9 4 ,2 9 0
6 ,9 5 0 ,1 5 2
7 ,3 1 9 ,8 7 6
7 ,3 6 1 ,4 9 4
I n te r e s t.........................
R e n ts......... ....................
T a x e s ..........................
G eorgia R R l o s s . . . . .
L ose o t h e r r o a d s .....
S in k in g fund. ............
U nfu nded d isc o u n t..
S. & N . A. R R ............
4 .8 1 5 ,5 4 0
1 5 6 ,* 9 4
0 4 7 ,0 2 8
1 6 1 ,8 0 0
1 1 ,660
1 6 2 .0 0 4
2 6 .3 7 5
3 9 ,1 4 2
4 ,8 2 6 ,2 3 2 }
1 5 5 ,7 6 1 <• 4 ,9 3 3 ,0 9 5
5 7 9 ,9 6 1
5 8 9 ,5 1 5
2 5 ,1 3 9
3 7 ,8 7 0
4 9 ,9 7 5
8 9 .9 8 9
1H 4.662
1 -6 ,5 4 8
2 0 ,9 4 7
1 4 ,7 4 7
1 0S .441
5 0 ,1 8 3
6 ,0 1 3 .7 3 8
5 6 9 ,3 2 6
1 0 8 ,2 6 4
90,0251 7 5 ,0 0 0
6 887
6 9 7 ,0 6 9
T ot, d is b u r s in ’ts
S u r p lu s..........................
—V. 66 , p. 616.
6 ,0 7 3 ,1 4 7
1 ,6 2 1 ,1 4 3
5 ,9 7 0 ,9 7 2
9 7 9 ,1 8 0
6,660,9097 0 0,585-
N e t e a r n in g s ___ 7 ,1 0 3 .5 1 4
("7-66i
P .o, o te x p . tn earn s..
5 9 0 ,7 7 6
In c o m e fr. invcB ..A e.
T otal n e tiu c o r a e
D isb u rse m e n U—
5 ,9 4 2 ,3 7 3
1 ,3 7 7 ,5 0 3
Pennsylvania Company.
('Report for the year ending Die. 31, 1897.)
President Frank Thomson says:
General Results.—Your lines regained iu 1897 the ton
nage which had so largely fallen off in the preceding year,
although it was notuutil midsuumur that the normal movement of traffic was resumed. Tne conditions from that timeuntil the end of the year were quite favorable, and are reflected
in the increased earnings of both the Northwestern and South
western systems. The entire tonnage upon the lines oper
ated directly by yonr company was 23,87L,7G7 tons, being an
increase of 4,348,456 tons, The aggregate tonnage moved
upon all vour lines west of Pittsburg w<u 51,809,"59 tons, as
compared with 46,176,140 tons for 1836. The entire number
of passengers moved was 15,532,735, as against 16,379,284 in
1896. It will be seen that there was a m iterial decrease in
this branch of traffic. The number of passengers m ived on
the lines operated directly by your company was 5,231,400, a
decrease of 544,107.
The earnings per ton per mile on the entire system show
a further decrease, the average rate being 6 4 10 mills, as
against 6 8 10 mills for the preceding year, but the cost hav
ing been reduced from 5 1-10 mills to 4 4-10 mills, there was a
profit of 2 mills, as compared with 1 7-11 mills for 1896. The
earnings per passenger per mile were the same as in
1896, but the cost was increased ! 10 of a mill.
Construction and Renewals.—There were la ii on the
Northwest System, in construction and renewals, 14.2 Hi to os
of new steel rails, and on the Southwest System 17.017 tons,
There were 114 miles of track on Northwest System ballasted
witn gravel, cinders and stone, and 214 miles on the South
west Systmi. There were 8-17 miles of second track com
pleted and put in operation on the Pittsburg Division of the
Pittsburg Cincinnati Chicago & St. Louis By. and 2TG miles
of third and fourth track on the Eastern Division of the
Pittsburg Fort Wayne & Chicago By.
Terre Haute & Indianapolis.—Sc. Louis Vandalia dt Terre
Haute.—Tne Terre Haute & Indianapolis RR. stilt rem tius
in the hands of a reoe.ver. Tne time has hardly yet bean
reached when a satisfactory adjustment can be had between
the various interests embraced in that system. The
affairs of the St Louis Vandalia & Terre Haute RR , which
is operated under lease by the Terre Haute & Indianapolis,
are iu the meantime necessarily administered by the receiver
of the latter road; and it was” deemed unwise, until the re
lations between the lines in the Vandalia system are ad
justed. to make any permanent arrangement with regard to
the $3.6 0,000 second mortgage 7 per cent bonds of the St.
Louis Vandalia & Terre Haute which m itured May 1st,
1898. They have, therefore, been purchased by your com
pany and are held in its treasury.
Bonds.—1The funds for that purpose, and for the redemp
tion of other obligations about to mature on your lines, were
obtained through the sale of $5,000, 09 guaranteed trust cer
tificates dated Sept 1, 1897. These certificates are secured
by deposit of an equal amount of 7 per cent guaranteed
special stock of the Pittsburg Fort Wayne & 1Chicago Ry.
C ). and constitute Series “A” of an authorized issue of $30,100,000, The other series will be available from time to
time for the capital requirements of your Western Hues. The
issue of $3,20 1,000 of your 6 per 'cent bonds secured by
the stock of the Pittsburg Fort W yne & Chicago Ry. Co. as
collateral has been entirely redeemed.
Capital Expenditures.—The expenditure on capital ac
count west of Pittsburg was very light during the year, the
entire amount being $409,6S7. it was absolutely nscessarv,
however, to enable your lines to carry traffic at the low
rates that prevailed” to make large expenditures on addi-
THE CHRONICLE.
J u l y 16. i s o s . j
tional tracks and revision of grades, the latter being notably
the case in Chicago, where, under recent ordinances, botu
the Pittsburg Fort Wayne & Chicago and the Pittsburg
Cincinnati Chicago & St. Louis Railway companies were
-compelled to elevate portions of their tracks at a heavy ex
penditure, the ultimate object being the elimination of the
grade crossings in the more thickly populated sections of
th at city.
Income Account, Etc.—The income account and balance
sheet follow :
INCOME ACCOUNT OF PENNSYLVANIA COMPANY.
1897.
1896.
1895.
Revenue—
$
$
$
N e t e a r n in g s U n io n L ine B u r e a u .......... 2 6 3 ,0 1 0
2 2 0 ,2 1 3
147,924
R e n t o f S te u b e n v ille E x te n s io n ............
6 1 ,9 2 9
61.9 2 9
61,929
R e ce iv e d for r e n t o f r ea l e s t a te ............
1 4 ,8 3 1
1 6 ,7 2 0
16,658
R e ce iv e d for ren t o f e q u ip m e n t............ 1 9 5 ,4 7 5
1 8 4 ,4 0 4
194.834
Profit o p e r a tin g P. F t VV & C. RR . . . 1 3 0 ,9 5 6
..............
3 5 ,534
P rofit o p era tin g N e w C. «fe B. V. R R ...
9 ,1 9 2
..............
P ro fit o p e r a tin g C leve. & P itts . R R ... 2 1 0 ,6 0 0
3 7 ,3 0 2
342,901
Profit o p e r a tin g E rie & P itts. R R . .................................................
7 524
D iv id e n d s on s to c k s .................................... 1 ,1 8 8 ,1 5 2 1 ,4 3 6 657 1,030.807
I n te r e s t on b o n d s .......................................... 2 4 7 ,3 2 5
4 3 1 ,1 9 9
3 70,656
M is c e lla n e o u s ................................................
1 1 ,7 9 0
1 1 ,1 9 0
11,928
GENERAL
123
INVESTMENT
NEWS.
Reorganizations. Etc.—Latest Data as to Defaults Reor
ganization Plans, Payment of Overdue Coupons, Etc - A ll
facts of this nature appearing since the publication of the last
issues of the I n v e s t o r s ’ and the S t r e e t R a il w a y S u p p l e
m e n t s may be readily found by means of the following index
This index does not include matter in to-day’s C h r o n ic l e
Full-face figures indicate Volume 67. As to some smaller
companies see also p. 1138, issue of June 11.
R a il r o a d s a n h M is c e l . C o .’s .
R ailroads A Mrs. Oo.’s—(O on.)—
Volum es 66 an d 67—
Page.
Volumes 66 a n d 67—
Pane
Addison & Penn. UR. .successor co. 26
. .cou". payment. 7 4 ,
Atchison Col. & Pac ............ sold. 1043 New B ag lau d& In dlease
a n d m ,trger. 10051
Arch. Jewell Co. & West, .sale.9^2, 1139
& West....raw*, crts.ioin
Balt. & Ohio.coupo 5.850,85^,1013, 2 7 N. Y.P h il. & N or.
.r e u r jM 5 , 7 70.813
do
do
deposits requested.lOfirt * ,
1040,1141,1189
do
do foreclosure of B <fc 0.1088 Ogdensburg
& L. Champ sold.ftOi, 1141
do
do
...............p la n .12^5 Ohio R iv e r & C h arlesto n ......... sa l * 2 9
do
do
not to holders of 5
Ohio S o u th e rn .................... sale. 1002, 7-j.
ver cents of 1885. 2 7 O regon Im p. .n w sec’s . r e a d y . 1002 , 1190
Brooklyn & Brighton B ..recvs. ctfs. 810
. . . . n e w securities listed 2 9
do
foreclosure. K56 P aris ao
(Tex.) Gas & Elec. L is h t.. . U 9o
Busk Tunnel R y ............... deposits. 1187 P eo. Dec. & E v a n sv .d e /aid t o n 1sts. 7 5
Cape Fear & Yadkin Val.sale. 89*. 1187 P b . R ead.& N. IS,.plan.574, 7 71,8 1], 7 5
Central Br.. U. P . ...sold.953,10?3;
„ do
do
.d e v s i ts - p e n a it y . noi
plan, 3139, ">2 P itts. & W es t e r n . o f bonds... lotto
Central
T o ta l r e v e n u e ................................................................ 2 ,3 3 3 ,2 5 9 2 ,3 9 9 ,6 2 3 2,22
0 ,6 9 4 O h io .......................... 8"it.1187 Po keep«ie & E a stern , .r e c v r.1 190,1238
O u t. Pacific. ..committees consolid. 850 S °d alia W a te r & L ig h t . . ..d e f a u l t . 1238
D is b u r s e m e n ts —
do
do
commission. 1088, 2 7 S o u th w estern A rk & In d . T er.sale. 3 0
G en eral e x p e n s e s ........................................ 1 2 1 ,4 1 4
1 5 4 ,1 6 3
72,732 Cen.
V ermont.bnndh'der*' ci-cular. 899
n Islan d R ap. T ra n sit d e fa u lt. 30
I n te r e s t ou car tr u s ts .................................
4 1 ,6 1 7
83,7 8 9
89,058 Central Vermont.......... foreclosure.1043 -Statutettg
a it & A rk an sas R iv er...-aJe.lin o
I n te r e st on b o n d s ........................................ 9 2 8 ,2 7 1
9 2 > ,5 0 7
939,758 Cent. Wasbington.reorg. 850; plar\. 953 a m . St. L. .VKan.Oity a p p ea l.906, 1003
4 ,9 9 3
G en eral in t e r e s t ____ _______________
2 3 ,5 5 0
24,605 Cincin. & Musk. Val. coup, paym’ts 850 T ra v e rse C ity....... co u p o n p a y m e n t. 7 5
do
sold; successor co. 10 14 ,2 ’ u n io n P a c .... K a n . C ity consols pd . 955
L oss In o p e r a tin g P. F t. W & Cli..........
5 1 3 .9 9 6
Chic. & Ateh. Bridge.reorganized co. 123B
do
M%i. h i v. b d s.o* I860 pd. 955
L o ss In o p e r a tin g E rie & P itts. R R ___
7 8 ,8 3 1
3 2 1 ,7 5 6
Chic.Peor.&Sc.L.de/ault continued. HH4 U. P. D en. & G u lf. ----- reorg. 8 1 1 , 955
L o ss in o p e r a tin g M ass.
C le v e ..........
1 4 ,0 2 9
8,7 7 4
10 , 2 - 0
do
do
..................... reorg. 7 3 W est V irginia & P itts . d e fa u lt, 005;
L o ss in o p e r a tin g N ew O. & B. V a l__
18,725 Chic. & West Michigan_coupons.I OH
357
dep o sits reanested, *L2, 900; recurs. aofl
A d v a n c e s to Fnd. & V in c e n n e s R R __ 1 2 4 ,9 9 4
1 1 0 ,2 7 8
116.^31 Cleve. Canton & South.saleordered.U39 W h e elin g & L a k e E r i e .......... i la n . 1142
A d v a n o e s to Cin. R ich. & Ft. W. R R ..
9 ,2 5 9
19,1 8 6
1,880 Cleve. & Sandusky Brewing Co.
do
do
2 d in s ta l. o f a s s e w n . 1239
consolidated co ••pany 1139 W isconsin C e n t.re o rg . m a tters.1113, 3 1
Hock.Val. ATol. .fnreclos.OoO, 1044
T o ta l d isb u r se m e n ts.......................... 1 ,3 2 3 ,4 3 8
2 ,1 6 1 ,3 5 6 1 ,273,659 Col.
Col. & Hock. Coal & Iron................ 2 s
S t r e e t R a il w a y s .
B a la n c e , s u r p lu s ..........................................1 ,0 0 9 ,8 2 1
2 3 8 ,2 6 7
947,034 Col. & Cin. Mid...... Tan. coupon pd. 953
Col. Sand. & Hocking., .reorg plan. 3.001 Bloom . & N orm al S t. Rv..sold. 1088,1187
BALANCE SHEET DEC. 3 1 , 1897.
<’oun. Bluffs City W.Works..fared. U88 B r’k ly n E l.« o dep o sits a ft e r J u l y 11.1231
E <gle & Phoenix Mfg Co...... sole,. 1140
D r.
Or.
do
....
B r id i e c o n tra c t. '2 7
Buffalo K en m o re & T o n a w an d a
S e c u r itie s ........................$3 8 ,0 ^ 8 ,6 7 1 C ap ital s to c k ................. $ 2 1 ,0 0 0 ,0 0 0 Elvton (Land) Co. of Birmingham,
A la ....................................... recvr. 7%
Electric.............. ranr.lOiS, 1230, 2 7
B ills r e c e iv a b le ............
5 2 2 ,4 9 7 F ir s t ruort. 4 ^ ............. 1 9 .4 6 7 ,0 0 0 Excelsior
Springs
R
R
..........
reorg.
1140
D olgeville (N. Y.) El. L. & P .. recur. 2 8
E q u ip m e n t.....................
3 ,0 2 4 ,6 7 7 Guar. 3*2 Ser. “ A ” ___ 5 ,00 0 ,0 0 0 Galv. La Porte a Houstou__sold. 7 3
D u lu th S tre e t R y .................... recvr. 7 3
R e a l e s t a t e .............. . ..
9 8 9 ,8 9 5 D u e le sso r c o m p a n ies
Indiana <!fc Lake Mich............... sale. 28 N assau E le c tric . . . . t e a d j u t m e n t o f
R e a l e s ta te in t r u s t . . .
7 0 ,8 6 6
fo r s u p p lie s ...............
831,832 Kansas City Wat. cfc Q uit..m ating
c a p ita liz a tio n . 2 9
of bondholders. 7 3 Newburg Elec. Ry............. default 1090
U n io n L in e p r o p e r ty .. 4 ,8 1 4 ,4 3 6 M o rtg a g es a n d ground
Kingston & Pembroke RR reorgllOo New O rleans T r a c tio n ........ .p la n . 2 9
D u e by
ren ts .............................
6 0 ,000 L.
Hock
&
Mem.sal*
vostponed.dbi,
1237
S
an
d
u
sk
y
(O.)
S
tre
e
t
R y .......... sale. 30
L V d r ’d s fo r b e t’m ts
4 1 1 ,9 0 7 D u e o th er c o m p a n ies
Louisville Evans. &St. L.. coupons.1089 S u b u rb a n T ra c.(O ra n g e, N J .).s Id. 7 5
O h c o s in c u r r ’t a o c t
6 6 7 ,6 1 0
in cu rren t a cc u n it..
878,822 Missouri Kan. <fcTexas. .official ex
U nion L’rac. o f N. J . .d*p-«dt5.i090 H 42
Oth c o s for a d v a n o ’s
4 0 7 .1 3 6 D ue fo r cn r re n tex p en planation as to income m rt suit. 1189 W ilk esb arre & N o r th e r n .... reorg 3190
D u e b y sta t. a g en ts.& o
4 1 0 ,6 3 2
d ltu r es iu o p e r a tin g
Altoona & Phillipsburg Connecting RR .—Receiver Ap
S u p p lie s ...........................
6 6 8 ,6 9 0
1 ,40 2 ,8 6 0
le a se d r o a d s ...........
M iscella n eo u s a s s e ts ..
9 4 0 ,3 1 3 M iscall, lia b ilit ie s ....... 2 ,541,132 plied for.—The Harlan & Hollingswortn Co. has filed a bill
•Cash...................................
1 ,3 7 9 ,0 9 5 Int. due a n d u n p a id ..
4 59,675 in equity in the Common Pleas Court at Philadelphia
-Cash to p a y iDt, & o . . .
4 5 9 ,6 7 5 In te r est on 3h» p. c ts ..
58,333 against the railroad company, and the Union Trust Co.,
S u bs, to guar. tr. c er ts.
In te r est o n 4 8* p. c.
Series “ A ” ................... 2 ,5 7 4 ,5 0 5
b o n is in sink. fu n d .
2 8 7 ,8 2 0 trustee of the $100,000 mortgage, dated June 1, 1893, asking
S in k i n g F u n d s f o r
R eserve fu nd, lea sed
for the foreclosure of the mortgage and the appointment of
L e a s e d Roads.
roads ............................ 5 ,38 7 ,9 0 1 a receiver. Interest on the bonds is in default. The road
P. F .W .& C .R y . I s tM . 1 ,3 7 0 ,9 9 5 B a la n c e to c red it of
do
do
2d M. 1 ,3 4 6 ,8 4 5
p ro fit a n d lo s s a c c t. 3 ,4 4 3 ,6 3 6 extends from Altoona to Ramey, Pa., 13 miles. Its gross
earnings for the year 1895-97 were $21,061; deficit from
C le v e . A P it s c o n so ls 2 ,3 3 5 ,0 5 3
do co n A equip , bda
3 3 5 ,0 0 8
operating, $16,939. The funded debt Jane 30, 1897, was
$15,000 ; current liabilities, $338,555.
American Lamp Chimney Co. of Toledo, 0.—Prospectus.
—Reference was made recently to this company, a portion of
The H. B. ClalUn Co.
whose stock was offered for subscription by the Home Safe
CReport for the tie months ending June SO, 1897.J
Deposit and Trust Company, Toledo, Ohio, and W. E. H at
Mr. John Claflin, the President, says :
ton & Co., Cincinnati, Ohio. The prospectus now at hand
Daring January a n i February our trade was excellent, but confirms the statements heretofore published aDd says :
the Maine disaster and consequent expectation of war caused
I t is p rovid ed th a t no bon ds or add itional preferred sto c k s h a ll be
•erious mercantile depressiin in March and April, from issu
ed w ith o u t co n sen t o f 95 per c e n t of preferred stockhold ers.
which the country is now gradually recovering. Great agri T he p roceed s of the sa le o f th e $ 2 5 0 ,0 0 0 o f preferred stock w ill be
u
sed
u ild and eq u ip large add itions to the p lan t acquired from the
cultural prosperity and large importations of gold have in the T oledoto Gblass
Co., and to su p p ly adequ ate w orking caoitu l. in creasin g
past been followed invariably by notable activity in trade. th e c a p a c ity toree-fold
and en ab lin g the A m erioan Lamp C him ney Co.
Such considerations point to a material improvement in to su p p ly one th ird of th e to ta l dem and of th e U nited States. The
v
en
d
ors
h
a
v
e
agreed
to
a ccep t th e com m on stock for th e p a ten ts,
general business during the coming half-year
n t and real esta te .
The results for the half-year and tae balance sheet June 30 p laMr.
E . D. L ibbey, P resid en t o f th e L lbbey G lass and T oledo G lass
were as follows:
com p an ies, w ill direct th e m an agem en t of th e A m erican Lam p Chim
T o ta l......................... $ 6 0 ,8 1 9 ,0 1 1
— V. 6 5 , p . 1116.
T o ta l..........................$ 6 0 ,819,011
n ey Co. for liv e years, subject to th e app roval of th e stockholders.
EABSINOS FOB SIX MONTHS ENDING JUNE 30.
N e t ea rn in g s, a fte r p a y in g
alt ta x e s , sa la ries and e x
p e n se s o f e v e r y kin d for
1897.
$
18 9 8 .
$
1896.
$
1895.
2 4 1 ,2 4 8
1 4 1 ,1 2 5
2 0 9 ,6 0 s
1 4 2 ,1 2 5
1 5 9 ,114
142 ,1 2 >
2 54.697
I n te r e s t on 1 st a n d 2d pref.
R em ain d er for oom . sto o k .
T w o q u a r .d iv s-d V!o each ).
9 9 .1 2 3
1 1 4 .8 7 3
6 7 ,4 8 0
1 1 4 .8 7 3
15,989
1 1 4 .873
1 12.571
1 11,873
1 4 2 ,12 6
B a la n c e .............................. d e f.1 5 ,7 5 0 d e f.4 7 ,3 9 3 d e f.°8 ,« 8 1 d ef.2.302
S n r. reserv e o ar’d fo rw a rd .
1 2 0 .3 5 7
121,41 > 3 7 7 ,8 8 9 2 75,916
S u r p lu s r ese rv e for c o m
m on sto o k J u n e 3 0 ............ 1 0 1 ,6 0 7
7 6 ,0 1 7
BALANCE SHEET JUNE 30.
A ssets.
1898.
« » " h ..........................
C ash div id en d s p a id on a co o u n t of
sp rin g p ro tlts............................
B ills r ec e iv a b le
......................
O pen u o co u m s r e c e iv a b le ................
M erch a n d ise ...................................... , .
Store p r o p e r ty ........................................
S tatd e ........................................................
H o r se s , tru ck s, w a g o n s, e t c ............
$
2 7 7 ,0 0 5
1897.
2 73,614
1896.
1 ,0 3 8 ,9 7 0
1 ,0 1 3 ,8 1 5
1 ,2 09,913
1 5 2 ,197
1 ,9 8 9 ,8 0 0
3 ,5 1 1 ,9 2 7
4 ,8 9 2 ,4 6 9
2 ,7 3 9 ,1 8 1
2 7 ,1 9 7
1 4 .6 2 2
1 5 2 ,1 8 7
1 ,3 2 2 ,7 6 5
2 ,9 6 3 ,1 7 4
6 ,5 6 6 ,6 4 8
2 ,7 3 9 .1 8 1
27,1 9 7
14,622
1 5 2 .1 8 6
1 ,2 46,012
4 ,5 6 4 ,6 2 8
5 ,4 1 8 ,9 2 7
2,739 181
2 7 .197
14,622
T otal ..................................................1 4 ,3 6 6 ,3 5 3
L ia b ilitie s
C a p it a l...................................................... 9 ,0 0 1,000
O pen acc,Mints p a y a b le ___ .
. . 4 ,7 4 0 ,8 5 6
F oreign e x c h a n g e a nd lo a n a o c t .
2 6 3 ,8 9 2
Su rp lus r eserv e . . . . . . . .
............
1 2 0 ,3 5 7
P ro fit on sp rin g b u sin e s s .............
2 1 1 ,2 4 8
13 ,8 2 9 ,5 8 8
4 ,1 2 3 .8 5 5
3 7 2 ,718
1 2 3 ,4 1 0
2 0 9 ,6 0 5
5 ,6 0 1 ,1 1 4
2 67 579
3 7 5 ,8 8 9
1 58,114
T otal ................................................. 1 4 ,3 6 6 ,3 5 3
—V. 66, p. 131,
13,8 29 ,5 8 8
1 5 ,4 02 ,0 9 8
9 ,000,000
1 5 ,402,698
9, 000,000
Aa to the patents controlling the use and manufacture of
machines for blowing chimneys, reflectors, globes, etc., by
machinery, Mr. Libbey says : “ The experimental stage is
past, The figures given here are the result of actual opera
tion of the machines. Under the old process of blowing off
hand or in moulds the cost to blow chimneys when produced
under the most favorable circumstances is on the average 15
cents per dozen. By our process the cost is 5 cents per
dozen. The demand for lamp chimneys in this country is
very large, the annual consumption being over 7,000,000
dozen. With the 14 pot furm cenow in operation and the
16 pot furnace which will be erected at once and be in full
operation by November, we can produce 22,50) dozen lamp
chimneys per week. The cost of manufacturing aud selling
same, including taxes, insurance and all other expenses, will
be $7,50) per week. The selling price after deducting 15 per
cent from present market price will be $10,000, which shows
a Det profit of $2,500 per week. This earning capacity will
be largely increased when our third furnace is in operation,
early in 1899.”—V. 67, p, 26.
American Tobacco—Continental Tobacco—Ping To
bacco.—Consolidation Deal Blocked.—A Louisville paper is
authority for the report that the proposed consolidation of
tobacco factories has been blocked by the unfavorable action
of the Scotlinsand the Drummond Tobacco Co —V. 66, p. 810.
Atchison Topeka & Santa Fe Ry.—Bonds Soli.—The com
pany has sold to a syndicate composed of the Guaranty Trust
Co., Kuhn, Loeb & Co. and Speyer & Co. $3,500,000 general
mortgage bonds to reimburse its treasury for cash expendi
tures heretofore made. These expenditures include the pay-
124
THE CHRONICLE
ment of equipment bonds (of which $250,000 tire redeemed
yearly), the completion of the Atlantic Ofc Pacific purchase,
improvements upon the Santa Pe Pacific since July 1,1807,
and improvements upon other lines of the system in the cal
endar year 1807. The price is not stated, but is understood
to approximate the present m arket price of the bonds,—A7.
66, p. 1130.
B altim ore City Passenger Ry.— Until Sept, so to Sub
scribe.—The stockholders are given until Sept. 30 to sub
scribe at $50 per $05 share for the 40,00.) shares of new stock,
the allottment being two shares for every fiveshares now held.
President Franklin states th a t 52,843 shares of stock were
voted in favor of issuing the new stock and 13,331 shares in
favor of issuing 82,000,000 4 per cent bonds.—V. 67, p. 72.
B altim ore & Ohio RR.— 'i Per Cent of Assessment Pay
able on or Before Aug. i . —The success of the reorganization
plan of Jane 22, 1898, appearing assured, the reorganization
managers have called for payment on or bsfore Aug. 1, 1898,
the first instalment of the stock assessment, viz: 25 per cent
of the §2 per share payable on the first, preferred stock and 25
per cent of the $20 per share payable on the second preferred
and common stock. Payment must be made at the Mer
cantile Trust Co., No. 120 Broadway, New York, or at the
London & Westminster Bank, London.
Deposits of Securities Received Till Aug. 1.—The r organ
ization ma agersalso announce th at the tim i for fa rth e r de
posits of the stocks aud bonds disturbed by the plan has bssn
limited to Aug. 1. 1893, after which date deposits will be ac
cepted, if at all, only upon such terms and conditions a9 the
reorganization managers may impose.
Non-Assenting Consol. Ss Must Be Withdrawn On or Before
July SS.—Owners of more than 75 per cent of the 5 per cent
consols of 1887-198H deposited under the agreement of Nov.
1, 1897, have already given their w ritten assent to the plan of
reorganization. Holders of the remaining certificates who
do not approve the plan have until July 28, inclusive, to an
nounce their dissent. All bonds not so dissenting will be de
posited subject to the plan.
Parke'sburg Branch Bondi.—More than 60 per cent of the
Parkersburg Branch bonds, due April 1, 1919, deposited
under the agreement of April 1, 1898, have already given
their written assent to the plan. Non-assenting certificate
holders must give notice of their dissent on or before July 28,
or their bonds will be deposited under the plan.—Y. 67. p. 27,
Brooklyn Elevated RR.—Long Island RR.—Rockaway
Trains on Brooklyn Elevated.—The Brooklyn “ Eagle” gives
the following interesting particulars as to the arrangements
for through travel which are being perfected by the Brook
lyn Elevated RR. and Long Island RR. Co. under their re
cent alliance:
“ The new Rockaway Beach route of the Brooklyn Elevated
RR. Co., via the tracks of the Long Island RR. Co. will he
opened next Saturday (to-day) if the plans of the officials do
not miscarry. The Broadway route of the elevated will be
used to run to Rockaway and passengers may transfer to this
line from any of the other lines of this company and may
also reach it from Manhattan by taking the bridge elevated
cars. The running time from Broadway Ferry to Rockaway
will be 45 minutes and the fare will be 30 cents excursion
and 15 cents single tickets.
“ The work on the inclined plane at Chestnut Street and
Atlantic Avenue, which connects the elevated structure with
the tracks of the Long Island R R ., has been done by the
Long Island RR. Co. The necessary property for the in
clined plane was bought by the elevated company, which
has half of a city block, some 400 feet frontage and 125 feet
deep. The inclined plane has been built to the rear of this
plot and the front will be sold or leased ultimately for build
ing purposes. President TThlmann, of the elevated road,
expects a good summer business over this new Rockaway
route. According to the contract w ith the Long Island RR.,
the elevated road will receive 5 cents for each passenger
carried, and as its cars and engines will make the run to
Rockaway, it will also receive payment for the use of the
rolling stock, in accordance with the agreement made on the
Culver route to the West End.
*‘As soon as the Rockaway Beach route is running smoothly
attention will be turned toward building a second inclined
lane at Flatbush Avenue and connecting toe two systems
ere. This connection will be of far greater importance than
the other and wiil probably result in the abandonment of the
rapid transit system of the Long Island road. When the inclined,plane is built, which 1b expected to be by Sept. 1, ele
vated trains will run along Atlantic Avenue as far as
Jamaica, making frequent stops. By this means it will be
possible to ride from Manhattan Borough over the Bridge
and as far as Jamaica without change of cars. I t is expected
that the Brooklyn Elevated engineers will do the work on the
Flatbush Avenue inclined plane, and plans are now being
prepared. An order for over 150 new cars to be used on this
new route from M anhattan to Jamaica has already been
placed.' —V. 67, p, 27, 29.
Brooklyn & New York F erry Co.—Purchase of Control—
New Company Proposed.—The firm of H B. Hollins & Co.
has offered $300 per $100 share for a controlling interest in
the $2,000,000 stock of this company. If the purchase goes
through, as expected, it is proposed to organize a new com
pany to take over the property and to make improvements.
The Union Ferry Co., it i* stated, has no part in the transac
tion. A circular to the shareholders says:
[V o l . LXVII.
A n offer oi >300 a sh a re hav in g beep m ade by II B. H ollins A O o .,
of New York C ity, for th e co n tro l of th e stock, th e underalim od, acting
a s a com m ittee of d irecto rs to consider th e sam e, ha ve for th e m se lv e s
individually decided to sell th e ir holdings, p ro v id ed th a t a ll th e stockholders have a like p riv il go to sell th e ir holdings a t,th e sam e prlco.
Tills stip u latio n h av in g been ag reed to, th e sto ck h o ld ers d e sirin g to
p a rtic ip a te in th is sale are hereb y inform ed that, th e y m ay dep o sit
th e ir stock duly end o rsed In b la n k w ill, th e K n ickerbocker Trust, Oo.,
No. 6 6 B roadw av, New York Oity, w hich will issue Us re c e ip t th e re
for, au d will pay for the stock when 70 p e r com of th e c a p ita l sto c k ,
or 14,000 sh ares, have been so deposited, ’a t th e r a te of $300 a share.
D eposits a s above m ay be m ade on and a f te r Ju ly IS u n til A u g u st 15,
w hen r ig h t to d ep o sit and sell shall expire.
The company operates three lines of ferry', one from
Broadway, Brooklyn, to Roosevelt Street. N. Y .; another from
Broadway, Brooklyn, to 231 Street, N Y., aud a third from
Grand Street, Brooklyn, to Grand Street, New York. The
$3,000,000 of stock has paid dividends of 8 per ct. per annum.
There is also a bonded debt for a million or more.
Buffalo City (his—People’s Gas Light & Coke.—Con
solidation Plan.—Au agreement has been reached for the
consolidation of these properties, either under the title of
the People's Gas Light & Coke Co., or of a new company to
be organized. In either case Mr. Emerson McMillin will be
President of the consolidated corporation, and representa
tives of both the old oi'ganizations will be on the board of
directors.
The new company will have the following capitalization:
^CAPITAL STOOK TO AGGREGATE $ 8 ,0 0 0 ,0 0 0 .
C a p i t a l S t o c k .............. ......................................................................... $4,975,000
Of w hich to th e sy n d ic ate.............................................................
f , 6jo,oac
3 ,325,0 0 0
To th e p re s e n t sh a reh o ld ers of th a P eo p les’s C o..................
5 p e r ee n t c u m u la tiv e .......................................... 3 ,0 2 5 ,0 0 0
Of w hich to th e holders of Buffalo C o.'s stock, being equal
1 ,3 75 ,0 0 0
to 25 p e r c e n t th e re o f................................................... .............
To be sold w ith a lik e a m o u n t of com m on stock to a s y n
dicate, in o rd er to p ro v id e th e $15 p e r sh a re in cash,
p ay ab le to th e Buffalo Co.’s sto c k h o ld e rs............................
1 , 650,000
P r e fe r r e d S to ck ,
BONDS TO AGGREGATE $ 8 ,0 0 0 ,0 0 0 .
B uffalo O i l y Gas Oo. F irst Mortgage 5 s, to be a d ire c t Hrst
m ortgage on all th e p ro p e rty of th e Buffalo C ity G as Co.,
in ste a d of In p a r t a co llateral tr u s t m o rtg a g e as now; th e
b au d s re se rv e d fo r im p ro v em en ts to b e can celed , leav
in g th e to ta l issue a s no w o u ts ta n d in g ............ .. ......... 5,250,000
[These bonds m ay be paid w hen due. o r e a rlie r, a t th e
option of th e bondholder,]
P e o p l e ' s G a s T A g h l dt C o k e firs t m o rtg a g e 5s, of w hich $1,2 1 s,000 d raw no in te r e s t lo r fo u r y e a rs from .Tan. 1,
1898 ; th e e n tire issu e to re m a in a f trs tlie n on th e p r o p
e rty of th e P eo p le's Co., a n d to be e ith e r a second lien
on th e p ro p e rty of t h e Buffalo Co. o r a first lien on th e
c a p ita l sto c k of t h a t com pany, a s sh a ll h e re a fte r be
d e te rm in e d ..................................................................................... 2,018,000Of w hich issued to p ay fo r th e p ro p e rty of th e People’s Co.
S o o .o o o
To p a y for' tlie v alu ab le c h a rte r held by t h e P e o p le 's Co.
[These a re th e b o nds d raw in g no In te re s t fo r fo u r y e a rs
from J a n . 1 ,1 8 9 8 ] ......................................................................
i ^ r S .o o a
d i t i o n a l B o n d s , to be rese rv e d for im p ro v e m e n ts..............
732,000
Each stockholder of the Buffalo Co. will receive $15 cash
and 25 per cent in 5 xier cent cumulative preferred stock. The
syndicate will furnish $835,000 cash, receiving $1,650,000 pre
ferred and $1,650,000 common. It is understood th at the syn
dicate money has practically been arranged for, hut that
stockholders of the Buffalo Oo. who may wish to participate
cau do so upon application.—V. 66, p. 1013; V. 67, p. 74.
Calais & B aring RR .—Foreclosure Sale Aug. 1.—The
foreclosure sale is advertised for Aug. 1 at Calais, Me.,
under mortgage of 1852. The sale will include the lease of
St. Stephen RR. ,
Capital City W ater Co. of Montgomery. Ala .—Bonds
Being Redeemed.—Tae Maryland Trust Co. is now redeem
ing k-t par and accrued interest the $350,000 bonds of this
company. The plant has been purchased by the City of
Montgomery.—Y. 66, p. 899.
Carolina &■Cum berland Gap .—Purchased by Southern Ry.
—This line, extending from Aiken, S. C . to Edgefield, 24
miles, has been acquired by the Southern Ry. Co., which be
gan operating it on July I as part of the Columbia Division,
—V. 64, p. 81.
C entral Pacific RR.—Mr. Huntington's Statement.—Re
garding the amendment to the Geu3ral Deficiency bill as
adopted by tlia H m se of Representatives last week, provid
ing for the settlement of the indebtedness to the Government
of the Central Pacific RR. (see atnendtn jut Y. 67, p. 27,) Pres
ident C. P. Huntington of the Southern Pacific Co. says :
W e h av e not m ade u p o u r m inds w h a t w e had b e tte r do. The bill
gives somo little tim e to fix th e m a tte r up w ith th e G nvxrnm ent and.
m any thingH are lik ely to h a p p e n In tw elv e m onths. My im p ressio n is
th e re will bo som e a rra n g e m e n t a rriv e d a t sa tis fa c to ry both to th e
G overnm ent a n d to shareholders. T here seem s to be som e c o m p la in t
in London a b o u t me, b u t l m yself k now th a t I a n doing tile best, 1 can
fo r th e shareholders. A ll th e tra n s c o n tin e n ta l ro ad s h a v e gone in to
b a n k ru p tc y tw ice e x c e p t Mr. H ill’s G re a t N o rth ern . I h a v e k e p t th e
C en tral Pacific alw ay s h i a position w h ere i t has p aid its bills ex o e p t
to th e G overnm ent.
I am 1 ek in g o u t m ore p a rtic u la rly for sh a reh o ld ers. T h e G ov
e rn m en t h a s received $ 1 in benefits for ev ery $1 if ad v an ce d in the
co n stru ctio n of th e road. T here are som e people in C ongress whom ake it th e lrb u sin e s s to te a r dow n tilings, b u t th e shareh o ld ers of the
C e n tral Pacific should c e rta in ly bo paid, a n d 1 h ave e v e ry hope th a t
th ey will be paid. O ur G overnm ent g av e the N o rth ern Pacific an d
th e A tla n tic & (Pacific ls u d g ra n ts tw ice th e v a lu e of th o se givon th e
Ce t r a l Pacific. In b u ild in g tboso o th e r tw o ro a d s It did n ot in crease
th e business to be c arrie d , and, w h a t is fa r w orse, th e com petition
o ut down th e tra n s p o rta tio n ra te s. T he co m p etitio n m ean d eath to
the earn in g s or th e C e n tral Pacific, b u t w hen we g e t C e n tral Paoific
affairs a justed wo can ru n in h arm ony w ith th e S o u th ern Pacific, an d
eventually, 1 believe. C e n tral Pacific sh a re s will got b ack to th e ir b est
prices.
Against the amounts due t.hi G ivaram uit there are con
siderable claims against the United Slat s for transportation
on non aided lines. Attorney-General M;K ‘ima, iu his an-
J uly 16, 1898.J
THE CHRONICLE.
nnal report to Congress in December last, stated that after
crediting the company with all possible items disputed, as
well as admitted to be due to it, there would be unpaid on
Jan 1, 1898, $46,753,087.
Central Pacific PR. Shareholding Company.—At a meet
ing June 28 of the holders of the certificates issued by the
London committee of shareholders, Mr. F. Gr. Banbury, M.
P., who presided, said, in substance : |
i —* — »
T he C entral Pacifio R a ilro a d Sh areh old in g Co. h a s b e e n organized,
an d th ro u g h it w e h a v e for th e first tim e acq u ired co n tro l o f th e prop
e r ty , th e to ta l e x p e n s e s In v o lv e d b e in g o n ly £ 6 ,5 9 5 , or 5d. per share,
w h ich a m o u n t h a s b e e n ad v a n ced b y S p e je r * C o . T h e to ta l num ber
o f sh a res issu ed is 6 7 2 ,7 5 5 , o f w h ich 3 3 8 ,5 0 0 are held by th e n ew
c o m p a n y , th u s g iv in g it a clea r m ajority. T he fig u res do n o t inclu de
th e shai es w h ic h are h eld b y th e A m sterd a m C om m ittee, w ho are
w o r k in g In accord w ith It. W hen th e sh a res h a d b e e n transferred to
th e n e w o om p any th er e rem ained o n ly a fo r tn ig h t before th e election
o f d irecto rs t o th e ra ilr o a d com pan y to o k p la c e . T h a t w as a short
tim e in w h ich to o b ta in n e w d irecto rs, and It w a s th o u g h t, m oreover,
th a t u n til th e q u estio n o f th e co m p a n y ’s in d eb te d n e ss to th e U nited
S ta te s G o v ern m en t w a s settle d , it w o u ld be u n w ise to m ak e any great
ch a n g e o n th e board. A d ls tln o t an d w r itte n p led g e from th e p resen t
d irecto rs, h o w ev er, w a s r eceiv ed th a t th e y w o u ld n o t do any th in g im
p o r ta n t w ith o u t c o n su ltin g th e o m m itte e .—V . 6 7 , p. 72.
Chicago & N orth W estern Ry.—Bonds Listed.—There
were listed this week on the New York Stock Exchange,
under previous authority of the Stock List Committee,
H ,040,000 of new general mortgage 3J£s, making the entire
amount of these bonds listed $6,000,000.—Y. 66, p. 1139.
Chicago Rock Island & Pacific Ry.—Stock Dividend Pay
able July 18.—The stock dividend of 10 per cent authorized
at the annual meeting will be distributed on and after July
18. At the time of the meeting we were officially informed
the stock dividend would be paid Aug. 1, along with the
cash dividend then to be paid on both old and new shares
alike. It is now deemed best that the stock distribution
should take place first.
Additional Stock to be Listed on July 18.—The New York
Stock Exchange has authorized the listing on July 18 of $3,844,000 additional stock, raising the total stock authorized
and issued to $50,000,000. This additional stock, together
with a portion of the amount heretofore listed, but held by
the company, represents the stock issuable on Monday as an
extra dividend.—V. 67, p. 73.
Cincinnati New Orleans & Texas Pacific Ry,—Ansuerin
Suit to Assess Stockholders.—Charles (Kruse has filed an an
swer in the suit of Tate and others to assess the stockhold
ers. He sets up the fact th at there is an action pending in
the U. S. Circuit Court, and alleges that the assets in the
hands of the receiver are mote than sufficient to pay the
debts of the company.—V. 66, p. 900.
City Gas Co. of Norfolk, Yu.—First Dividend.—The com
pany has declared its first dividend, 1 per cent.—V. 62, p. 1139.
Coftonrg Northum berland & Pacific Ry.—Canadian
Pacific Ry.—Bonds Offered.—Five per cent perpetual first
mortgage debentures of the Cobourg Northumberland &
Pacific Ry. Co. for £151,200 were recently offered for sub
scription in London at 102. The road is a standard gauge
line, under contract for completion by Oct. 1, 1898. from Co
bourg, on Lake Ontario (about eighty miles east of Toronto),
to the Ontario and Quebec division of the Canadian Pacific
Railway at Central Junction, a distance of forty nine miles,
through an agricultural district. The Canadian Pacific Rail
way leases the line for 999 years, provides all rolling stock
and equipment, pays all expenses and taxes, and hands over
to the company 40 per cent of the gross earnings of the line,
payable quarterly, with no deductions whatever.
Colorado Midland Rf.—Listed in London.—The London
Stock Exchange announces the listing of the following se
curities: $6,250,000 first mortgage 2 3 4 per cent 50-year gold
bonds of 1947, $861,000 first mortgage 4 per cent 50-year gold
bonds of 1947, $4,644,800 4 per cent non-cumulative preferred
stock and $3,420,200 common stock.—V. 67, p. 28.
Edison Electric Illum inating of Brooklyn—Municipal
Company Acquired.—The acquisition of the Municipal Elec
tric Light Company has been completed, substantially on the
basis outlined in the circular issued by the Municipal Com
pany to its stockholders on June 20. All of the 75,0u0 shares
of stock of the Municipal Company, except a few shares,
have been transferred. The circular of June 20 said :
E ach sto ck h o ld er w ill r e c e iv e a t le a s t tw ic e par v a lu e o f his stock
In oash or in th e c o n so lid a te d m o rtg a g e bonds o f th e E dison C o m p a q ,.
T he am o u n t o f a d d itio n a l c o n sid e ra tio n to be r eceiv ed from th e $ 2 5 0 ,OOO o f bon ds to be d e p o site d w ith th e tr iste es, ns provided in the
a greem en t, is n e c essa rily un certain : b u t w e b e lie v e th a t it w ill am ount
to a t le a s t 10 per c e n t o f th e par v a lu e o f th e sto ck sold.
The negotiations with the Kings County company are still
pending and the form that the deal will take if carried out
has not been determined.—V. 67, p. 73.
F o rt Wayne (I ml.) Consolidated Ry .—Foreclosure Decree.
—Judge O’Rourke a t Fort Wayne has entered a foreclosure
decree under both mortgages The Court declares invalid
$600,000 5 per cent bonds, which were to have been held to
take up the first mortgage 6s: $300,000 of 5 per cent bonds re
served for betterments, it is stated, are also “ placed under
the ban of the Court.” The 6 per cent first mortgage is ror
$600,000, the 5 per cent consolidated mortgage for $1,500,000.
Of the 5s, $100,000 are spoken of as in the hands of innocent
purchasers.—V. 63, p. 458.
General Electrie. —Meeting Aug. 10 to Act On Seduction
t>f Stock.—A meeting of the stockholders is advertised to be
125
^or
Purpose of voting upon the proposition
uoL Ann u th® pCapltal st0®k from 134,712,000, consisting of
304,600 shares of common stock and 42,520 shares of preferred
stock, both of $100 each, to $20,827,200, to consist of 182 760
shares of common stock of $100 each, and 25,512 shares of
preferred stock of $100 each. See plan in V. 67. p. 28.
Hyde P ark Electric Light & Power Co.—Judgments.—The
company has confessed judgment on two notes aggregating
$20,891, one for[$14,891 being held by Clarence N. Goodwin
the other for $5,000 by Robert F. Hall.
’
Illin o is Rolling Stock Co. of East St. Louis.—Increase of
Stock to $1,000,000.—[The company has filed a certificate in
tire Recorder’s office in Springfield, 111,, showing an increase
in the capital stock from $300,000 to $1,000,000.Johnson Typesetter Co.—New Enterprise.—This company,
whose capital stock is $3,000,000, has been organized to man
ufacture the Johnson typesetting machine, invented by F.
Amos Johnson. This machine sets type in any length of
line, automatically justifies and automatically leads. It is
said to be the only machine that actually sets type and justi
fies a, line. The company has been in an experimental state,
but is now ready to enlarge its plant and manufacture for
the market. Tucker, Anthony & Co., 53 State Street, Boston,
Mass., by advertisement in another column, offerforsale 3,010
shares of the company’s stock.
Kansas City Suburban Belt R
Additional Tenants.—
Secretary Taylor is quoted as follows : “ The Kansas City
Suburban Belt RR. has made contracts for the use of the
Belt tracks by the St. Louis & San Francisco for 30 years,
and the St. Joseph & Grand Island RR. for the same period.
These with the contracts now in force with the Kansas City
& Northern Connecting RR. gives the Belt road three new
systems for the use of its tracks, the Northern Con
necting road starting through trains to Omaha July 1
in connection with the Omaha & St. Louis; the St. Louis &
San Francisco commence using the tracks July 15, and the
St. Joseph & Grand Island the last of July. The Belt road
has now the Chicago Great Western, Kansas City Pittsburg
& Gulf RR., Kansas City & Northern Connecting RR., St.
Louis & San Francisco and the St. Joseph & Grand Island, all
under thirty-year contracts except the Chicago Great
Western, and contracts are expected to he closed with two
other roads for the use of its tracks within thirty days.—V.
66, p. 664.
Kansas El Dorado & Southern RR.—Mortgage for $450,000.—The company has made a mortgage to the Lincoln
Trust Co. of St. Louis, as trustee, to secure a bond issue of
$450,060. The road is building from Rich Hill to El Dorado
Springs, Mo., 40 miles. O. H. Pitcher of Rich Hill is Presi
dent. It is stated that all the grading has been done and
that the rails, ties, steel for bridges, etc., necessary to com
plete' the line are upon the road. The contract is held by the
Middle States Construction Co., Rialto Building, St. Louis,
Mo., of which B. A. Aldrich is Secretary.—V, 66, p. 857.
Kings County Elevated RR.—To Cross the Bridge in
August. —Receiver Frothingham expects his trains to begin
crossing the bridgeabout Aug. 15, and certainly not later than
Aug. 23. The delivery of the forty-five new cars to be used
for this purpose will begin next week. Twenty of them will
be at once equipped with electric motors. When the motor
cars are in operation the company plans to extend the third
rail system to three points along the line, where the grade is
heavy, making in all about one mile of electric road, viz., be
tween the Bridge and Boerum Place, between Lafayette
Avenue and Cumberland Street, and between Ralph and
Rockaway Avenues. Eventually the entire system will use
electricity.—V. 67, p. 74.
Kings County T raction.—Nassau Electric RR.—Assets
Sold.—The assets of the Kings County Co., as described last
week, were purchased at the sale on Thursday for $2,100,000
by E. H. Harriman, representing the syndicate that is con
ducting the consolidation.—Y. 67, p. 74.
Laclede Gas.—Regular Dividends on Common Stock.—
Emerson McMillin & Co. announced this week the intention
of the Laclede Gas Co. to pay in future regular dividends on
the common stock on or about the 20th of September and
March. Tbe first dividend, 1 per cent, was paid on the
common stock last March, but no intimation was given as
to future distributions. The preferred shares will receive
their dividends in June and December.—V. 66, p. 760.
Lehigh Coal & Navigation.—New Loan.—An official cir
cular gives further facts regarding the new funding and im
provement 4 per cent loan for $7,500,000 described in the
C hronicle of June 11. [See V. 66, p. 1139, under the heading
Delaware Division Canal Co.] The new loan will be issuedm
Beries and as each series is put out additional security will be
transferred to the mortgage trustee for the equal benefit of
all the bonds, as follows :
Security.
New loan.
$2,085,000. . Bonds to be issued July 1,1898, to be secured by:
A first lien on (1) coal lands west of tbe Little Schuyl $1,317,0 30
kill River valued a t— ................. -• •
••••• ■ •• •■ -• ••
(2) Delaware Division Canal 1st M. $800,u00, stock $1.800.000
(3) Tresckow RR., Silverbrook to Audenried. I a., /
miles [all the stock except 100 shares; no mort
125.000
gage debt], valued at............— •........
- • • • - - ’V
Also by mortgage subject to prior liens on Lehigh &
Susquehanna RR.. Lehigh Canal, coal lands east of the
Little Schuylkill River, and other property. 1 he net
value of these properties under t he new mortgage after
allowing for $15,000,000 of prior Hens is placed a t ....... 17,704.000
THE CHRONICLE.
12(5
[Vbfi. LX'S II.
Struritg
A syndicate will ha formed to underwrite the cash require
$7,600,000 of bonds in all to cover property ns ultimately to be
pledged under now mottgago with total valuation o f ....$20,314,600
Milwaukee Electric Ry. & Light Co.—City Ordinances.—
At a recent meeting of the Milwaukee Common Council the
Mayor sent in a communication recommending that no ap
peal be taken from Judge Seaman’s decision in the 4-oentfare case, but that a new ordinance seeking that end be
adopted. A Milwaukee paper says :
*l>.s,ix*>.
Bowls to t>« issu**t Itoptamber, 19Q4; Additional M>eurity
ments of the reorganization.
to be is. o
r ( tlie *“n -U^t stock of tbe Niesqafrbonln# V»!i«y HK. Co —par $A0 -o r a lirst morigime of
The assessment is to yield $600,001); earnings in receiver’s
#1.416.000 will be made «a tUnt property, which iuelmlea
hands Aug. 1, 1698, $105,000; total $7c5,00d. This sum is ap
IB miles o f road f«om Maaoh Cbtiok i *Tamaoend. with
branch o«e tetle in length. The road reaches and la
plicable as follows:
essential to th * operation of the company's collieries
F o r im provem ents, eq u ip m en t, pow er house, otn., req u ire d im m e
and i* estimated as worth at le a s t ................................... |1,800,«0
#1.fOO.OOO bond* to bo issued Sept., 1U0& Additional security to be:
d iately (in a d d itio n to am o u n t exp en d ed by Reusl or). $ >38,000.
WUkeabarreJt Scranton Rjr. stock(6 p.c. dividends *uarE stim ated o x pousosor reo rg a n iz atio n , including o rg an izatio n o f new
autoedi.psr, #407.6 0.
com pany an d issu e of Its securities, anil g en eral e x p e n d itu re s ooveriug
A lle n to w n T e rm in a l B i t a ’onk (s p.c.div. g u a r.l. p ar. $222,600.
contingencies
an y b alan ce to go to no .v com p an y , $167,000.
AiUa'>ce Coal t »t M... par $0*4,000 of issue of #
Mining Co, i Stock, par. *2,o72,22.’«o f Issue of ##,26 ',000 .
Deposits Till Aug. 5.—Further deposits of first mortgage
(The properly of the Alliance Coal Minimi Co. eonnl-.cs of i , ?•» nc-cs o' mostly virgin coal lands, esti
bonds and con pons and capital stock will be received tip to and
mated bo contain 166.00 *.000 ton* of coni.)
The committee is to have the power
Value of tno above securities, c mscrvauve estimate...... $1.(133.090 including Aug. 5, 1898.
$2.600.000..Bonds to be indued during ihe life of the mortgage, but
in its discretion to determine whether or not the plan has
n«»t to exceed $L25,'*Q0 in any one year, fur propert y
been assented to by a sufficient number of bondholders and
purchased or Improvements to railroads. A s bonds
under i his head will only be issued at the rate of 76 per
stockholders and to declare when the same shall become
cent of the value of the properly purchased or im
provements made, the value o f the security will bo...... 3.125,000 binding and effective. —V. 65, p. 924.
The refunding operations in or before 1905, it is stated, will
effect an animal saving in interest payments of $51,947.—
V. 06, p. 1186.
Lewiston & Auburn RR.—Foreclosun Sale Aug. S,—
The foreclosure sale is advertised for Aug. 8, at Lswiston,
Me., and will take place under the consdidated mortgage
for $350,000, interest on which went to default Oct. 1, 1897.
The sale will be subject to the $35,000 Erst mortgage bonds
of 1891. The consolidation plan in which this property, after
the sale, will take part, was given in V. 66, p. 1001.
L ittle Falls & Dolgevillc R R .—Default.—The company
was unable to pay the interest due July t on its $950,000 of Erst
mortgagees. There is also a second mortgage for $100,000.
The following securities belonging to Alfred Dodge were sold
this week at auction: $75,000 first 6s at 8 ', $75,000 second 6s
at 10 and 1,00 1shares of stock for $100 for the lot. For the
year 1896-97 the road’s gross earnings were S36.963.
L ittle Rock & Memphis RR.—Choctaw Oklahoma &
(4 ulf RR.—Proposed Acquisition.—At the foreclosure sale of
the Little Rock & Memphis set for October 25 it is proposed
to acquire ilie road in the interest of the Choctaw Okla
homa & Gulf RR. The road will be reorganized as the
Choctaw & Memphis, with a capitalization of $1,750,000
f ach of preferred and common stock and an authorized bond
issue at the rate of $12,500 a mile. The eastern terminus of
the Choctaw Road will be extended 130 miles to Little Rock,
giving that company a through line to Memphis. —V. 66, p.
1237, 810.
M etropolitan S treet Ry.—Meeting Aug. 9 to A uthorize
$15,000,000 New Stock.—A meeting of the stockholders is
advertised for Aug. 9 for the purpose of voting upon the
proposition to increase the capital stock from $30,000,000 to
$45,000,000. As already stated, the increa-e will be used to
retire at par the $6,000,000 ol debt certificates issued as a 20
per cent dividend last October and to pay for the change of
motive power on various lines of the system, etc. It was
announced several weeks ago that the increase would be
$10,000,000, but for some reason the amount has been raised
to $15,000,'00
Earnings—Earnings for the quarter and the 12 months
ending June 30 have been reported:
3 m o u th s c u n i u g J u n e 30 .
G ross
N et
e a r n in g s , ea rn in g s,
O th e r
in c o m e ,
S u r p lu s .
...
1 3 j,6 4 l
jg
1 .1 0 L .2 8 0
7 9 2 ,3 7 9
1 8 9 7 -8 .................. 1 0 ,2 5 5 ,4 1 8 4 ,8 6 8 ,6 8 5
1 896-7 . . . . _ 8 ,8S--,8 0 5 4 ,0 7 6 ,5 6 8
—V. 66. p. 1237.
4 6 3 ." 5 4
515 803
3 ,4 8 6 ,3 8 2 1 ,8 4 5 .5 5 7
3 ,1 5 5 ,2 1 3 1 ,4 3 9 ,1 5 8
12 months—
tj*
To,teres/,
ta x e s , e tc.
1 8 9 8 ...................... 3 ,2 3 0 ,7 0 S 1 ,6 0 2 ,1 0 1
1897
2 ,3 8 6 ,4 7 8 1 ,1 2 6 ,9 2 1
£
t£>
5 0 0 ,8 2 4
4 6 8 ,1 8 6
M etropolitan West Side Elevated RR. of Chicago.— Re
organization Plan.—The Olcott Committee has issued under
date of June 29, 1898, a plan of reorganization, which pro
vides for an assessment of 4 per cent on the $15,' 00,000 stock,
for which assessment new bonds at par will be delivered, the
stock to be then exchangeable for 50 per cent in new stock;
also for the exchange of the $15,000,000 first 53 for 60 per
cent in new first 4s and 53% per cent in new preferred stock.
The latter will have exclusive voting power under certain
conditions for five years.
The new securities and Iheir disposition are to be :
MBPOBITIOS OF NEW 8ECDK1TIES.
F irst m ortgage 4 per c c >-1 gold b in d s due A u g. 1, 19 3 8 ....... $10,000,000
For$ 15,0 0 0.0 0 0 e x istin g tlrst m ortgage bonds, 60 per
ce n t In n e w hoods......................................................................
g.coo,ooo
To be subscribed fo r at par by hold- rs of e x istin g sto ck ..
boa.aco
R e se rv e for new com pan y's tre a s u r y .....................................
400,000
F ir c p c r cent n on-cnm utatlvc preferred, stock, to b av s e x
clu siv e v o tin g p ow er tor five y e a rs, su b ject to term in a
tion, h ow ever, when in a n y one y e a r during th a t
period d ividen ds am ou n tin g to 5 p e r c e n t sh all h ave been
aid on the p referred stock. A s soon as such dirtend shall h ave been paid In a n y one year, or. in a n y
e ve n t a t the end o f tlva ypars from the d ate o f th e in
corporation o f the new com pan y, hP stock, com m on and
p referred , shall h a v e eq u al v o tin g pow er. T o ta l is s u e ...
9 ,0 0 0 ,0 0 0
F or $ 1 5 ,0 0 0 ,0 0 0 e x is tin g first m o rtg a g e b o n d s, 5 3 '3 per
c e n t In n -w preferred sto e b
.................
........
S,coo,000
F o r o b lig a tio n s and flo a tin g d e b t o f old obotpony . . . . . . .
Sjy.oco
R eserv e for reo rg a n isa tio n p u rp o ses, a n y b a la n ce to go
to new co m p a n y .......................................................................... ...
i 6j , o o o
Com w o a stock —
F or $ 1 5 ,0 0 0 ,0 0 0 o ld sto c k , 5 0 p e r c e n t ................................... $ 7 ,5 0 0 ,0 0 0
S
BI011T9 OF I'llBHKNT SECDHITV IIOI.IIEK8.
.Yew
mortgage bonds,
1st mortgage bonds..... ............. 60%
S took (on p a y m e n t of 4 l„ a s s e s e 't) 4 ft
A’cii-
p re f. stock.
531!:
___
Far
Com. stock.
__
50%
M ayor Rose briefly review ed Ju d g e S eam an 's decision, th e eonolusion arriv e d a t being th a t an ap p eal w ould b® ineffectual
The M ayor
said i t w as a p p a re n t th a t tlie b usiness of th e s tre e t ra ilw a y com pany
had Increased m a te ria lly si ace th e p a ssa g e of th e o rd in an ce a n d th e
change in conditions w a rra n te d th e p assag e of a n o rd in an ce now p ro
viding for a re d u c tio n In fare s T he May >r also ad v ised t i n t an or
diuaooe he passed re q u irin g th e com pany to m ake a n item ized fin an
cial re p o rt on th e tlrs t of ev ery m onth.
An ordinance w a s accordingly introduced repealing t h e
old ordinance, but containing provisions which are described
as an exact duplicate of those in the ordinance repealed.
Improvements. —Vice-President Henry C. Payne is qnoted
as follows with respect to the improvements in progress:
B efore the d o s e of th e p re s e n t y en - tlie com p an y w ill h av e e x
p ended a b o u t $1, 10 0 ,0 0 0 in im p ro v e m e n ts. The com pany Is u sin g Its
earn in g s for th is p urpose. Of co u rse som e bonds h av e been sold, h u t
m ost of th em a re being held fo r b e tte r prices, an d in th e m ean tim e th e
earn in g s are all g oing ln :o im p ro v em en ts here, su ch a s e x te n s io n s
now being built, th e la rg e an d com plete pow er house, etc.—V. 67, p. 7 4 .
N atural Gas in In d ian a.—Future of the Gas Belt.—The
23d annual report of the Department of Geology and Natural
Resources of Indiana contains an interesting statement by J.
C. Leach, State N atural Gas Supervisor, regarding the
natural gas belt. As to the future of the belt he says in
substance: “ W hat will be the future history of the Indiana
natural gas field
* * “ In most localities there has been
plenty of gas to date. The service daring the past two years
has been better than at any time previous, owing, in most
cases, of course, to the improved facilities for transporting, dis
tributing and controlling the gas.” * * “N atural gas was firstused as a fuel in the Indiana field in 1886. For eleven years
it has stood an enormous draught. The field did not show
any material signs of exhaustion until 1890. Since that time
the evidence has been accumulating. Salt water is the most
aggressive enemy with which the natural gas field has tocontend. It made its appearance at the edge of the field,
and is advancing towards the centre. Where it has com
pletely overran the gas territory the wells are no longer pro
ductive. The heavier the draught, the more intrusive is the
salt water. The area in the heart of the field in which wells
free from this agent can be found is comparatively small, and
is decreasing in sizs yearly. The time when the entire field
will succumb to its influence can not be far distant.
“ Eleven years ago the rock pressure of the entire field was
325 pounds. Now the .average pressure of the productive
area, which is very much less than the original gas field, is
less than 200 pounds. The average yearly decrease during
the past three years has been 20 pounds, the decrease for the
past year being near 21 pounds, It is safe to say th at a ma
jority of the wells of the field will cease to be serviceable
when the rock pressure reaches 100 pouuds. This estimate is
too low rather than too high.”
New England RR.—Official Circular.—A circular has been
sent to the stockholders offering them the privilege of ex
changing their stock for the shares of the N. Y. N. H. & H.
RR. on the terms already announced (V, 60, p 1003). Aoash
bonus is paid on exchanges of preferred stock made nrior to
Jan. 1, 1899. Tae Commission appointed by Gov. Cooke of
Connecticut to consider the exchange gave its consent thereto
when informed that 95 per cent of the New England shares
had assented.—V. 67, p. 29.
New Orleans T raction.—Reorganization Postponed.—The
payment July 1 of the coupons on Crescent City and New
Orleans City & Lake bonds, it is said, will pro3tpone the
plans for the reorganization of the company. The interest,
paid is on the underlying bonds The interest on the $1,500,00;) trust notes of the New Orleans Traction Co. went to de
fault May 1,—V. 67, p. 29.
(
Newport News Shipbuilding & Dry Dock Co.—Large
Contract.—President C. B Orcntt states that the company
has secured contracts to build three stoatnships, averaging
about 5,000 tons each, for the Morgan Line. The total
price is believed to be at least $2,500,000. The company is
also building, it will be remembered, two battleships for the
United States Government.—V. 66, p. 709.
N orthern C entral Ry.—St ite Objects.—The right of the
company to pay, as it desires to do, the $1,590,000 6 p°r cent
State of Maryland loan, treated by the State as an am uity, is
to go to the courts for settlement, and in the meantime the,
J uly 16, 18V8
THE CHRONICLE.
company will pay thereon the quarterly instalments of
$22,300 each, as heretofore.—V. 66, p. 1141.
Northern Pacific Ry.—W ashington C entral.—Possession,
Taken.—The Northern Pacific took over the management of
the Central Washington, 125 miles in length, now known as
the Washington Central, at midnight June 30.—Y. 67, p. 30;
V. 66, p. 953.
Omaha W ater Co. - First Dividend.—The company has de
clared a dividend of 2% per cent on its $750,000 of 5 per cent
first preferred stock, payable at the Farmers’ Loan & Trust
Co. on July 20. This is the first dividend declared on the
stock sinoe the reorganization of the company in 1896 Be
sides the first preferred there is outstanding $1,000 000 second
preferred and $2,500,000 common stock. The company is re
ported in sound financial condition and without debts, acide
from a bonded debt consisting of $400,000 old 6s, $158,000
prior lien-5s and $3,579,0i 0 of 4-5 per cent bonds. The conpany is successor, per plan in V. 62, p. 1085, of the American
Water Works Co. of Illinois. Theodore C. Woodbury, of
Portland, Me., is President.
Pacific Ry. Co.—Los Angeles Cable RR.—Final Decree Stockholders Assessed 68 Per Ce it.—At Chicago, July 1, Judge
Tuley in the Saperior Court entered a final decree in the case
of the Pacific Ry. Co., declaring the stockholders liable to
the extent of their several holdings. Attorneys representing
the creditors, the receiver and the shareholders have agreed
that each holder shall be liable for $68 per share. The fol
lowing is published regarding the case :
127
St. Joseph A Grand Island Ry.—Kansas City & Northern.
Connecting RR.—Trackage Contract.—The St. Joseph &
Grand Island has made trackage contracts to run its trains
over the Atchison Topeka & Santa Fe from St. Joseph to
Plattsburg and thence over the Kansas City & Northern
Connecting RR. to Kansas City.—V. 65, p. 1222; V. 67, p. 75..
S alt Lake& Mercor.—Mortgagefor $ 3 0 0 , 0 0 0 . — 'The company
has made a trust deed to the Produce Exchange Co. of New
York, as trustee, to secure an issue of $300,000 five per cent
gold bonds. The road runs from Fairfield to Mercur, Utah
12 miles, and is to be extended to West Dip. The President is
E. H. Airis, Salk Lake City.
Sandusky Street Ry.—Sold.—At the foreclosure sale on
July 9 the property was purchased for $60,024 by Judge C.
S. Bentley. Cleveland, representing 95 per cent of the first
mortgage bondholders. The road will be improved, and may
be consolidated with the People’s line.—Y 67, p. 30.
Scranton Ry. - Securities Listed in Philadelphia.—The
Philadelphia Stock Exchange has listed the $2,500,000 capital
stock of the Scranton Ry. Co., and also the $1,000,000 first
mortgage fis of the Scranton Traction Co., which were as
sumed by the Railway Company at the time the assets of the
Traction Company were purchased. The Railway Company
operates 54% miles of street railway, including 3 3 % owned
and 21)4 leased. It has a funded debt of $3,500,000, but no
floating debt.—Y. 64, p. 85.
Southern Ry.—Increased Mileage Included in Earnings. —
Beginning July 1 the earnings of the Smthern Railway, as re
T he s u it g rew o u t o f th e c o lla p se o f th e P aciflo R y . Co., w hich w as ported, will include those of the Memphis Division (former
o r gan ized io 188** b y C n ica eo c a p ita lists to c o n tr o l a L os A ngeles
cable road. T he C ourt fin d s th a t tb e a n o u n t o f th e in d eb ted n ess of Memphis & Charleston) and the Middlesborough and Aiken
th e L os A ccretes C able R R ., w h ich th e P acific C om pan y b eca m e liable branches, formerly the Knoxville Cumberland Gap & Louis
to p ay. w a s $ 1 ,3 0 0 ,0 0 0 .
ville Railway, and Carolina & Cumberland Gap Railway,
The* d ecree orders thar $ 1 ,0 5 8 ,2 8 4 be p a id to th e r e c e iv e r b y six ty -o n e
different sto ck h o ld ers w ho h old a lit tle o v e r 1 5 ,0 0 0 sh a r es o f th e Pa- respectively. For proper comparison the earnings of these
citic R y sto c k , o f w hich th ere are 2 5 ,0 0 0 sh a res. T he b a la n c e of the lines will be added to those of the Sou-hern for the similar
sto ck is referred back to a m aster, w ho is to a sce r ta in w ho is liable period last year, increasing the mileage of same from 4,827
th ereon , th e sto ck h o ld er or tra n sferer. The Su prem e C ourt held t in t miles as heretofore reported to 5,256 miles, an increase of 429
w h ere sto ck h o ld ers b o u g h t sh a res in good fa ith , b e lie v in g th em fu lly
paid , th e lia b ility sh o u ld Jail 1 aok to i lie tra n sferer. W hen add itional miles or nearly 9 per cent.—V. 67. p. 80.
olaiin s have b een p ro v ed it is e stim a te d a ll c la im s w ill a g e r e e a e
Tennessee Coal, Iron & RR.—Alabama Steel & Ship
a b ou t $ 1 ,5 0 0 ,0 0 0 , w hich, w ith in te r e st a ccru ed , w ou ld probably bring
th e to ta l am o u n t due lu e x c e s s o f $ 2 ,5 0 0 ,0 0 0 . C ounsel for th e credit building.—Meeting Aug. SOto act on Contract.—The stock
ors e stim a te th ere w ill be r ea lize d on th e 68 per c e n t a sse ssm e n t no holders of the Tennessee Coal, Iron & RR. Co. will meet
m ore th a n en ou gh to p ay 7 0 or 8 0 per c e n t o f th e fa c e o f th e claim s, Aug. 30 at Tracy City to “ approve certain contracts with the
a llo w in g n o th in g lo r in ter e st.
Alabama Steel & Sfiipbuilding Co. of the State of Alabama,
Padurili (Ky.) Railway & Electric. Light Co.-Consolida constituting a disposition of part of the property of this
tion.—This company, incorporated in June with a capital company and confirming the action of the board of directors
stock of $2 0 00 i, by Geo. C. Thompson. T. J. Flournoy, Geo. in acquiring the stock and bonds of said Alabama company.”
C. Wallace and others, it is understood has absorbed, by —V. 66. p. 1235.
consolidation ail the street car fines and electric light plants
T ubular Dispatch Co. of New York City.—New- York
in the city of Paducah, Ky. R. S. Vivian, investment broker, Mail
& T ransportation Co. -Howard Gould Buys Control.
Portland Block. Chicago, had charge of the consolidation and —Howard
Gould and his friends have bought control of
the new bond issue.
these companies, which own the pneumatic tube lines for
P hiladelphia & Reading RR.—Bonds Called.—The fol the transportation of mail, etc., in the city of New York.
lowing 10-year sinking-fund 5s of 1902, viz., Nos.:
The companies are reported to have outstanding capital
49, 213, 453. a il. 55*, 548, 762, 7*’, “03, 815.1)10, 938. 944, 1003. 1012, 1114, 1158, stocks of $2,100,000 and $1,000,000, respectively, the Mail &
1261, 125 . 1278. 1301.1588. 1631, 1655. 1869. 1711.1766, 1847,1865, 1946, 1989,
Transportation Company, however, being controlled by the
have been drawn for p ay ment, and will be p aid Aug. 1 in Tubular Company. Their bonded debt is said to be $S00,000_
Philadelphia, at the office of the trustees, The Pennsylvania The Tubular Dispatch Co. has circuits now in operation
Company for Insurances on Lives and Granting Annuities.— from tbe Produce Exchange to the Post Office and from the
V. 66, p. 289,
Post Office to the Grand Central Station, including connec
P ittsb u rg & W estern Ry.—Second Mortgage Bond tions with the intermediate Post Office sub stations. The
New
York Mail & Transportation Co. owns the lines shortly
holders' Committee Calls for Deposits and Will Prepare a
Plan.—The second mortgage 5 per cent Bondholders’ Com to be in use over the New York & Brooklyn Bridge and
mittee, consisting of John T. Terry, Dumont Clarke, Francis through tbe Borough of Brooklyn. Mr. Gould has suc
S, Smithers. James W. Alexander and Simon Borg, with ceeded John E. Milholland as President of the Tubular Dis
Alvin W. Krech, 120 Broadway, as Secretary, announces patch Company. In addition to its plant and franchises, the
that, in view of the receivership and the foreclosure proceed Tubular Dispatch Co has a mail carrying contract with the
ings under their mortgage of May 21,1891, and also the pend Governmant amounting to $172,000 a year. M.r. Gould, it ising reorganization of the B. Sc O., they have consented, at said, proposes to develop an extensive svstem of pneumatic
the request of a majority of the bondholders, to prepare a service for the carrying of general merchandise, etc.—V. 65,.
plan of reorganization. The committee is now prepared to p. 825.
receive deposits at the Mercantile Trust Co., and deems it
Union Traction Co. of New Jersey—Reorganization Plan.
important for the protection of the holders that such deposits —Under date of July 13, 1898, the McCormick Committee
should be made on or before July 30.—V. 66, p. 1191).
(see V. 66. p. 1090) has issued a plan of reorganization which,
Richmond Nicholasville Irvine & Beattyvillc RR.— provides for the extension of the road, now in operation,,
Ordered Resold.—Judge Barr has ordered the property to be from Arlington to Woodridge, N. J., about 8 miles {half of
resold. Ad >lph Segal of Philadelphia, who agreed to buy it which is double track, making in tbe aggregate about 12
for $250,1)00, haviog failed to pay more thau the first in miles of completed road) a distance of 5 miles, into Hacken
stalment of $25,000. The sale, it is said, will take place in sack. The plan also provides for new securities, viz.:
Anft
September. Mr. Segal organized the Louisville & South F irst mortgage fifty -y e a r 5% gold bonds, coupons lor
re a r to be cu t from a ll bonds issued in exchange.
...... $500,000
eastern Ry. Co. to take over the road, bur. as already stated,
In exch an ge for outstan din g bonds (40% ot par value) . . .
127,000
his purchase was never consummated.—V. 66, p. 901.
In exchange fo r b o n is issued as collateral aud held by
creditors <65% of am ou n t due on claim s), abou t . . . . . . . . .
J 40,250
Rockford (111.) Ry., Light & Pow er.—Consolidation.— To bo retain d by tbe com m ittee u n til v alid ity of the $100,000 disputed bonds can be determ ined (40% of par value)
40 ,000 This new <orporation is reported to hav-' acquired control or
com m ittee (for purposes of sale) for com pletion or
the Rockford City Ry. and the Rockford Traction Co. and to Tothetherosd,
purchase of new equipm ent, liquidation or re
be applying for an ex elision of tneir franchises.
ce iv er’ s and reorganization exp enses and cancellation or
prior claim s on equipm ent a cco u n t.............................. ..........
100,130
Rutland RR.—Refunding or Payment of Maturing Bonds.
—President Clement announces that second mortgage 5s Sloe!;, to he represented by v otin g tru st certifle ite, the stock
be held by the three follow ing voting trustees : W ilbur
due Aug. 1, 1898, may be exchanged for a like amount or to
K. M athew s, George A. Lee and W illiam O. G iles, f9) Jwo
new first consolidated mortgage 4V£ per cent gold bonds due
s ears, or until the tru st shall b e t a minuted b y ai*
000,
in 1941, if deposited in amounts of even $l,00'i with coupons inent In w ritin g signed by each o f the trustees; m $oO shares$650,006'
be issued w ith every $1,000 w it h of new bonds dis
due Ang. 1, 1898, attached, in the Globe National Bink ot Totrib
u ted to creditors and holders of old b o n d s.....................
Boston, the Clement National Bank of Rutland or the
To tLe c o m m ittee for th e pu rp oses of th is p la n ........................ JSaianc
United States Trust Co. of New York, on or before July 2Utn
Tbe committee believes the bonds of the new company
insr. On or after Aug. 1, 1898, those so depositing wilt oe “ will, in a comparatively short time, be worth in the neigh
entitled to receive the new consuls and the balance ot l • borhood of par, and that in a few years the stock will be on
terest due on said exchange ($21 25 for each $1,000 of boD
•.arHvidpnrLnavine' basis.” The present creditors and bond
exchanged). The second mortgage 5s not exchanged un
holders arePasked to subscribe for the *186,150 new bonds*
this arrangement and the coupons thereon will be p
available at the rate of 85 per cent of par, receiv g
when due at the Globe National Bank of Boston, Mass.
. tion a bonus of 50 per cent in stock.
66, p. 1190.
128
THE CHRONICLE.
The iota! gross receipts for the first year of operation end*
ing May 13, 1898, were about $31,750. W ith increased mile
age. better transportation facilities and new and increased
equipment, the gross earnings, it is estimated, will be for
the first year $50,000; net earnings, $20,000. The first year's
conpons of bonds issued in exchange will be ent off, and bet
ter results are expected later.—V. 05, p. 1143.
Tirginta-Carolina Chemical Co.—Stock Increased to $ IS,000,000,—The company, it is reported, has increased its cap
ital stock from $8,000,000 to $13,000,000. The stock as re
cently outstanding and dealt in on the Richmond market was
$3,348,900 common and $2,186,200 of 8 per cent cumulative
preferred. The company manufactures acids, chemicals and
fertilizers. Its President is S. T. Morgan.
W ellington Grey & B race Ry.—Called Bonds—Interest
Payment.—The numbers are announced of £ 1,900 bonds
which have been drawn and are payable at par at the offi :es of
the Grand Trunk Railway Co., in" Montreal, or at Dash wood
House, New Broad Street, London. The estimated earnings
for the half-year ending 30th ult. applicable to meet interest
on the bonds admitted of the payment of £1 19s. 6d. on each
£100 bond, and this payment was made July 1, as follows,
viz.: 14s. 7d. in final discharge of coupon No. 36, and
£1 4s. lid . on account of coupon No. 37, due Jan. 1, 1S89.
W estern Electric Telephone—Minnesota M utual Tele
phone & Telegraph.—Independent Telephone System.—The
Boston “ News Bureau” gives the following statem ent rela
tive to the independent telephone movement in the West as
coming from Vice-President aud General Manager Charles
Webster, of the W estern Electric Telephone Co., who was
recently in Boston:
[V o r. L X A II.
'gkz <&owttxcrciaT
COMMERCIAL
EPITOME.
F riday N ight , J u ly 15, 1898.
Considering the season of the year trade reports have been
generally of a fairly satisfactory nature aud merchants as a
rule are anticipating a good fall trade. In fact, in some lines
first haude have latterly been accumulating fairly fall stocks,
so confident have they been in the future prospects for trade.
The surrender of Santiago on Thursday has had its influence
iu strengthening general confidence inasmuch as it has had
a tendency to farther add to the belief that negotiations for
peace will be opened shortly by Spain. Same alarm was
caused on Wednesday by the reports that yellow fever had
broken out among the American troops at Santiago. Subse
quent advices, however, were more assuring. As was gener
ally expected the new Government bond issue was largely
over-subscribed, 40 per cent of the entire issue being taken
in subscriptions of $500 and less.
Lard on the spot has had a moderate sale to the home
trade but exporters have been slow buyers; prices have ad
vanced and the close was steady at 5 85o for prims Western
and 4’90@4'95c. for prime City. The demand for refined has
been limited hut prices have been firmer, closing at 0*05c.
for refined for the Continent. Speculation in the market for
futures has been fairly active and prices have advanced on
buying by large operators for investment account.
The
close was steady.
DAILY CLOSING FBICES OP LARD FUTURES.
T he W estern E le c tric T elephone S ystem Is oom posed of 3,000 tniles
S a t.
M on.
T u es.
W ed.
T h u rs.
F r i.
o f toll lin es In o p e ra tio n in M innesota. Town an d North. au d S outh D a J u ly d e liv e r y ....................c. 5-65
5 '72
5*80
5 '8 0
5-85
5*90
kota. We are p u ttin g in co p p er m etallic oirouits on all of o u r tr u n k
lin es. We a r e now b u ild in g a lino from St-. P a u l to D u lu th . S ioux
Pork has had only a limited sale, but prices have been well
F a lls, L a C rosse, etc., 1.000 m iles in le n g th , a n d b y J a n . 1 ,1 8 9 9 , w e maintained, closing at $t0 25@10 50 for mess, $12@13 for
e x p e c t to h av e 5,000 m iles of w ire in op eratio n .
O ur sy stem Is com posed o f the U nion E lectric T elephone Co., cap ital family and f l l 50@13 for short clear. Cut meats have been
$100,000; M in n eso ta C e n tra l T elephone Co., c a p ita l $100,000; W est in slow demand, and prices have favored buyers, closing at
e rn E le c tric T elephone Go , c a p ita l $100,000, W estern M in n eso ta Tel 5%@6c, for pickled bellies, 12@10 lbs. average, 4 ls®4}^c. for
ephone Co., c a p ita l $30,000, a n d S o u th ern M in n eso ta T elephone Co.,
pickled shoulders and 7!^@71Jc. for pickled barns. Beef has
c a p tta l $30,000.
A fter a y e a r’s tight in d ep en d en t com panies h ave o b ta in e d fran c h ises been in only limited demand," but values have held steady at
in St. P a u l an d M inneapolis, w here th e N o rth w estern T elephone E x $10@10 59 for packet, $11 @13 for family and $LG@17
ch an g e Co., a sub-com pany of th e E rie T elephone Co., o p e ra te s. In for
extra
India
mess.
Beef hams have been
M inneapolis w e h av e organized th e M innesota M u tu a l T elephone &
T eleg rap h Co., w ith $300,000 c a p ita l, a u d th e com pany a lre a d y h as quiet at $22, Tallow has sold at higher prices, closing firm
b etw een 5,000 a n d 6.000 su b scrib ers on live y e a r contract,-, on th e at 3%C. Oleo-stearine has had a fair sale at steady prices,
b asis of $4? p e r y e a r fo r lo n g d istan o e in stru m e n ts. T he N o rth w e st closing at 4i(,c. for City. Lard stearins has been firm, clos
e rn com pany ch arg es $ 6 p e r m o n th for b u siness telep h o n es an d $ 1 0
p e r m o n th fo r lo n g d istan c e telephones. T he n ew com pany will n o t ing at 6;'f!'@6:ltC. Cottou-sesd oil has been firmer but quiet,
closing at 23 l£@24c. for prime yellow. Butter has been in
start, fo r a y e a r a t least. I t is now p u ttin g its w ires u n d er ground.
T he In d ep en d en t telep h o n e m o v em en t in th e W est h a s assum ed large fair demand and firm for choice, closing at 131<j@17c, for
p ro p o rtio n s. In St. L ouis th e K inloch T elephone C om pany w ill soon
h a v e one of th e iin est p la n ts in th e co u n try in o p eratio n . T he n ew creamery. Cheese has been in fair demand and firm at 5L4@
co m p an y s ta r ts w ith 6,000 subscribers. O ur com pany has the la r g e s t TLjC. for State factory, full cream. Fresh eggs have been
in d e p e n d e n t sy stem in th e co u n try , alth o u g h tile o ld est of o nr six moderately active and firm, closing at 14c. for choice Western.
co m p an ies is b u t th re e y ears old. N et e a rn in g s h a v e b een p u t b ack
Brazil grades of coffee have had a slightly improved sale to
in to th e p ro p e rty , b u t th e co m panies are now e a rn in g from 3 to 1 0 p e r
cent,. W e w ill b egin th e p a y m e n t of d iv id en d s a t th e r a te of 4 p e r the consuming trade, and there has been a moderately active
c e n t on th e sto ck of th e W estern M innesota a n d M in n e so ta C e n tra l business iu invoices on a cost and freight basis resulting
C om panies n e x t m o n th .
from freer offerings of coffee from Brazil. Prices have held
It has been gravely questioned, whether more thau one tel
ephone system in a district can prosper, and the disaster
which has overtaken several independent ventures has proved
the necessity for caution in connection with all attempts to
ran rival to established companies possessed of ample means.
The above statement, though quite possibly somewhat colored,
indicates th at the opposition movement is still alive.
Westinghouse A irbrake Co.—Increase of Stock to S11,000,000—Stock Dividend of 100 Per Cent.—The stockholders at
their meeting on Tuesday voted unanimously to increase the
capital stock from $5,000,0 '0 to $11,000,000, $5,000.' 00 of the
increase to he used to pay a stock dividend of 100 per cent.
The remaining $1,000,000 will held in the treasury. The
resolution adopted is;
R e s o l v e d , T h a t of th e 120,000 sh a res ($6,000,000) of new c a p ita l
sto ck au th o rized by th is m eeting, th e sto ck h o ld ers recom m end th a t
th e h o a rd of d ire c to rs should d istrib u te 100,000 sh a res, th a t is $5,0 0,0 0 0 a t p a r , to th e sto ck h o ld ers a s a sto c k d iv id en d o u t of th e su rp lu s
e a rn in g s of th e co m p an y not, h ereto fo re d iv id ed am ongst th e stock
holders, a n d th a t th e rem ain in g 2 0 ,0 0 0 sh a re s ($ 1 ,0 0 0 , 0 0 0 ) re m a in in
th e tr e a s u r y an d bo issued b y th e board of d irecto rs from tim e to tim e
fo r th e p u rch ase of p ro p erty , upon such te rm s au d in such m a n n e r as
th ey shall deem fo r th e b est In te re s ts of th e com pany.
No action was taken relative to the contract with the
American Airbrake Co.—V. 06, p. 955.
Wheeling & Lake E rie Ry.—Foreclosure.—Proceedings
were begun in the United States Circuit Court at Cleveland
on Wednesday to foreclose the consolidated mortgage.—V.
66, p. 1239.
—The Pocket Manual of the Boston Stock Market for the
first half of 1898 has been issued by .J. G. Martin, 10 State
Street, Boston. A valuable feature is the eight-year range of
prices.
—Charles T. Wing & Co. offer to investors a list of bonds
bearing interest from 4 to 7 per cent; particulars in another
column,
—The ninetieth semi-annual statement of the Home Insur
ance Co. of New Vork appears in a condensed form on page
vi. in our advertising columns to day, and shows a net sur
plus of $3,868,449 05. A detailed statem ent giving the secu
rities comprising the company's stock and bond investments
can be had on application at its office, 119 Broadway. The
usual semi-annual dividend of five per centisnow being paid.
steady, closing at 6:nc. for Ri > No, 7. Mild grades have
been in moderate demand for desirable qualities and at full
values, closing at 8A£@3%c. for good Cucuta. East Indian
growths were dull but steady at 21%@25e. for Java. Sp 'd i
lation in the market for contracts has been quiet, but owing
to the smaller crop movement values have held about steady.
Following are the final asking prices.
J u ly ........................ 5*50(1. I O u t........................ 5 60o. I J a n ..........................5*75o
Aug .........................5*55o. N o v ........................ 5*6oo. | M a r ...................... 5*85o
S ep t ....................... 5*60o. 1 D e o ....................... 5*70o. I M a y ...................... 5*95o
Raw sugars have been sparingly offered and prices have
advanced slightly, closing at 4 >R-;\ for centrifugal, 96 deg.
tost, and 3 9-16c, for muscovado, 89-dog. test Refined sugar
has been in fair demand and steady, closing at S-VgC. for gran
ulated, Refiners have continued the guaranty of prices 30
days from date, Spices have been firm, aud higher for pepper.
Other groceries have been quiet.
Kentucky tobacco has been sparingly offered and prices
have been firm. Seed leaf tobacco has had a slightly better
sale at steady values. Sales for tbe week were 1,950 cases, as
follows: GOO cases 1897 crop, Wisconsin Havana, 5 to 8c.: 500
cases 1897 crop, New England Havana, p, t.; 300 cases 1895
crop, Pennsylvania seed leaf, 13 to I3t£c ; 150 cases 1896
crop. New Englaui seed leaf, 25 to 40c.; 120 cases 1896 crop,
New Euglanl Havana. 18 to 45c.; 131 cases 1895 crop, Zim
mer’s. 18 to ‘20c., aud 150 cases Sundries, 6 to 16c.; also 400
bales Havana at 70c. to $1 10 in bond, and 200 bales Sumatra
at 75c. to $t 85 in bond.
Straits tin has oeeu in moderately active demand from the
consuming trade, and values have held to a steady basis, clos
ing at 15*75 «15 '85c. lngat copper has been moving freely
on contracts and new business has been moderately active,
closing at I t % @ c. for Lake. Lead has been quiet and
prices have weakened slightly to 4@4*02J^o. for domestic.
Spelter has been dull and lower, closing at 4*50@4 55c. for
don estic. Pig iron has been quiet and w ithout changes at
$9 75 a 8II 50 for domestic.
Refined petroleum has been unchanged, closing at 6*25c. in
bbis., 3-75o. in bulk and 6 90c. in cases; naphtha higher at
6*00c. Crude certificates have been firmer, closing at 94c.;
c r e d i t balances have been advanced to 94c. Spirits turpen
tine has been in moderate demand and firmer, closing at
27@27t£c. Rosins have been quiet and easier, closing at
$! 85 <*1 40 for common and good strained. Wool has been
quiet but steady. Hops have bjen quiet and w ithout change.
THE CHRONICLE,
J uly 16, 1898 J
C O T T O N .
15, 1898,
T h e M o v e m e n t o f t h e C r o p , as indicated by our telegrams
f r o m the South to-night, is given below. For the week ending
this evening the total receipts have reached 9,431 bales,
against 9,989 bales last week and 19,394 bales the previous
week, making the total receipts since the 1st of Sept., 1897,
8,581,570 bales, against 6,670,S.'S bales for the same period of
1896-7, showing an increase since Sep.1,1897, of 1,910,738 bales.
F r id a y N ig h t , J u ly
R e c e ip ts a t—
S a t.
1
28
T h u r s.
W ed.
T u e t.
M on.
F ri.
23
2 ,0 8 5
lo ia l.
152
2,289
812
55
3,292
333
228
......
T e x . C ity, <fcc.
N e w O r le a n s...
M o b ile ................
F lo rid a ...... .........
B a v a n n a h ..........
B ru n sw ’k.&e.
413
2
212
2
713
18
916
8
226
248
44
87
......
21
62
2
12
......
......
......
......
9
23
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipbolrd, not
cleared, at the ports named. We add similar figures for
New York which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building. J
ON SHIPBOARD, NOT CLEARED FOR—
J u l y 15 at
G reat
O ther
B r ita in . F ra n c e. F oreign
New O r le a n s ...
G a lv e sto n ..........
S a v a n n a h ..........
C h a r le sto n ........
M ob ile................
N orfolk...............
Hew Y o r k ..........
Other p o r ts ___
3,2 1 0
7 ,6 7 6
N one.
N one.
N one.
N one.
1,000
2 ,8 0 0
N one.
N one.
N one.
N one.
N one.
N one.
N one.
N one.
T o ta l 1 8 9 8 ...
14,686
T o ta l 1 8 9 7 ...
T o ta l 1 8 9 6 ...
2,518
12,106
Coast
w ise.
Total.
L e a v in g
stoek.
3.565
N one.
N one.
N one.
N one.
800
2,000
3 ,0 0 0
4 70
N one.
N one.
5 00
N one.
3,000
N one.
N one.
7,245
7,676
N one.
500
N one.
3.8 0 0
3,000
5.800
81,376
13,448
10,867
4,477
4,130
11,427
100,964
31,045
N one.
9,365
3,9 7 0
28,021
257,734
1,397
1,573
7,540
20,384
1,714
1,296
13,169
35,289
135,197
178,264
......
......
P t. R oyal,& o.
W ilm in g to n ___
W ash’to n , &o.
N o r fo lk ..............
BPp’t N e w s, &o.
14
129
Speculation in cotton for future delivery has been slightly
more active and what little change has occurred in values
has been towards a higher basis The outside interest shown
61
106
168
48
39
48
470 has continued of decidedly limited proportions, the trading
...... ...... ...... ......
156
156 having been confined almost exclusively to transactions by
12
125
100
72
416 regular operators and has been in the main to liquidate con
107
B o s t o n ................
31
253
147
50
92
42
615 tracts, shorts in particular having shown more of a dispo
......
.597 sition to cover sales. There has been also considerable trans
597
P h ila d e l’a, &e..
782
125
19
35
27
988 ferring of long accounts in August contracts to the more
distant deliveries, particularly January. Saturday there
T ot. th is w eek
745
1,037 2 ,2 8 4 3 ,0 1 6
4 4 2 1,8 9 0
9.424 was a steadier market, prices advancing 2 points on buying
The following shows the week’s to tal receipts, the total since by shorts. Monday prices showed a partial advance of 2
Sept. 1,1897, and the stock to-night, compared w ith last year. points. The monthly report issued by the Government’s
Agricultural Bureau was made public, and although it showed
1 8 9 6 -9 7 .
S to ck.
18 9 7 -9 8 .
a high average condition of the crop, it was barely up to the
R e c e ip ts to
T h is S in c e Sep. T h is S in c e Sep.
general expectations of the trade. Tuesday prices reacted
J u ly lp .
1
8
9
8
.
1897.
w eek.
2 to 3 points, under limited selling, prompted by disappoint
w eek.
1 ,1 8 9 7 .
1 ,1 8 9 6 .
ing foreign advices and favorable crop prospects. Wednes
G a lv e s to n ...
2 ,2 8 9 1 ,9 0 7 ,3 5 9
428 1 ,3 1 0 ,7 7 9
2 1 ,1 2 4
4,228 day there was a firmer market, prices for the day advancing
9 3 ,0 3 1
T e x . C.,Ao.
1 1 2 ,7 5 1
4 to 7 points, principally on a demand from shorts to cover
3 ,2 9 2 2 ,6 6 6 ,1 2 9 '
N e w O rleans
861 2 ,0 7 0 ,0 4 3
88,621
16,818 contracts, stimulated by complaints from a few sections of
M o b ile ..........
333 3 6 2 ,1 7 4
17 2 9 1 ,3 5 4
4 ,1 3 0
2,174 the South of excessive moisture, and the reported appearance
...... 1 1 8 ,4 3 3
F lo rid a ..........
8 8 ,5 2 5
of yellow fever among the troops before Santiago was used
S a v a n n a h ...
2 2 8 1 ,1 8 6 ,5 4 0
299 8 4 0 ,2 8 4
10 ,8 6 7
10,250 as a bull card. Thursday the market was again firmer, prices
Br* w ick,& 0.
2 6 9 ,2 2 0
1 7 7 ,2 6 6
2 ,1 6 9
1,317 advancing 2 to 3 points, as there was a continued demand
C h a r le sto n ..
23 4 7 0 ,1 2 5
63 3 9 8 ,3 7 6
4 ,9 7 7
14,321 from shorts to cover contracts, and there appeared to be lim
P .R o y a l, Ac.
7 5 ,8 7 7
7 3 ,595,
ited buying by a few local operators for investment account.
W ilm ington .
ii
2 3 4 ,4 7 7 ,
6 ,7 0 4
1,840 The surrender of Santiago, which, it was thought, would
17 3 2 3 ,6 7 1
W aah’n, &c.
1 ,2 8 0
857
hasten peace negotiations, had a favorable influence upon the
N o r fo lk ........
3 1 9 7 0 3 ,8 8 2
4 7 0 J 5 7 5 ,1 3 8
1 5 ,2 2 7
1,852 market. To day the market was quiet and easier under lim
ited selling, prompted by disappointing foreign advices and
156
N ’p o r tN .,A c
2 5 ,5 2 7
2
247
1 8 ,8 5 8
N e w Y o r k ... • 4 1 6 1 2 0 ,5 6 2
4 8 ,5 7 5 1 0 3 ,9 6 1
80,478 favorable crop prospects, closing quiet at a decline of 3 points
for the day. Cotton on the spot has bean quiet and un
B o s t o n ..........
6,00
6 1 5 2 2 2 ,7 4 6
6 ,1 0 0
3 1 3 1 6 0 ,1 1 7
B a ltim o r e . .
63,021!
597
7 5 ,7 3 7
75
3,154 changed, closing at 6 3-16c. for middling uplands.
1 2 ,6 7 0
On the basis of the rates on and off middling as established
P h lla d e l. &o.
83,0 2 1
1,7 3 2
4 3 ,0 7 2 |
988
9 ,2 0 0
5,934
by the Revision Committee, the prices for a few of th e
T o ta ls ........
9 ,4 2 4 3 ,5 8 1 ,5 7 0
4 ,4 1 5 6 ,6 7 0 ,8 3 2
2 8 5 ,7 5 5 148,366 grades would be as follows:
In order th a t comparison may be made w ith other years,
U P L A N D S.
S a t . ITIon T u e s W e d T i l . F r i .
w e g i v e below the totals a t leading ports for six seasons.
R e c e ip ts a t —
G a lv e s’n.& o.
N e w O rleans
M o b ile ...........
S a v an n ah ...
Ohas’ton , &o.
W ilm ’to n , &o
N o r fo lk .........
N . N e w s, <feo.
A ll o t h e r s ...
T ot. th is w k.
18 9 8 .
6
4
1
4
......
......
......
......
18 9 7 .
2,238
3,292
333
228
23
17
47C
15€
2,616 ]
9,424 .
428
861
17
299
63
ii
319
247
2,1 7 0
4,415
1896.
1895.
2
18 9 4 .
17
1893.
494
2,2 2 6
51
269
64
2
63
329
390
133
63e
5
14C
9?
7
52
118
1,488
523
1,233
24
725
360
8
195
59
635
985
4,879
23
1,829
212
41
849
325
1,948
3 ,8 9 6
2,676
3,8 1 2
11,091
S in ce 8 e p t. 1 8581.57C 16670,832 5 1 9 8 ,5 9 1 7 8 5 3 ,4 9 2 5 9 0 3 ,4 9 3 5040,549
415i6 4 '5 16
5%
5%
She
I0-16
t
3 '6
g lie
6 78
6 78
Good O rd in ary..............................
M iddling...........................................
Hood M id d lin g ...............................
M iddling F a ir .................................
G U L F.
S a t.
S a t.
S T A IN E D .
M on T u es W ed
5316 53ie
6
6
6 7,6 6 7i 8
611,8 6 liie
7%
7%
Hood O rdin ary..............................
Low M id d lin g.................................
M iddling...........................................
Good M id d lin g ...............................
M iddling F a ir .................................
M id d lin g___“ .................................
S trict M id d lin g..............................
Good M id d lin g T in g e d ...............
49l6
54
53l32
63i«
413.6 415is
5%
!% 16 5%
63.6 63.6
61,11 6 7,fi 67.6
6 78
6 7e
6 78
4'»,e
5%
63,8
67 e
6 7e
53ie
53,0
6
6 716
61‘,6
S
i 16 7%
7%
fe e
7%
M on T u es W ed
49,6
5%
50132
63.fi
49,6
5%
53132
63,0
F r i.
T il.
5316
6
67i6
49,6
5%
53132
63,8
T il.
53 is
6
6 710
6 “ te.
7*8
F r i.
49.6
£>10
5%
5%
53 i 32 531SJ.
6*i«
63.6
The exports for the week ending this evening reach a total
of 25,598 bales, of which 3,394 were to Great Britain, 285 The quotations for middling upland at New York on
to France and 31,937 to the rest of the Continent. Below July 15 for each of the past 32 years have been as follows.
1 8 7 4 . ...0 .1 7 1 s
1 8 8 2 . . ..0 .1 2 7s
1 8 9 8 .. . . o . 631(J 1 8 9 0 are the exports for the week and since Sept. 1, 1897.
1 8 7 3 ......... 20%
18 8 1 .
Week Ending Ju ly 15, 1898.
from—
Galveston......
Tex. City, Ac..
New Orleans..
Pensacola......
Bavannah.......
Brunswick__
Charleston__
Port Royal__
Wilmington...
Norfolk..........
N’port N., Ac..
New York......
Boston..........
Baltimore......
Philadelphia..
8an Fran., Ac.
From Sept. 1,1897, to July 15,1898.
Exported to—
Great France Conti Total Great France Conti
nent.
BriVn.
nent. Week. Britain.
368
1.081
1,275
727
To tal..........
3,394
Total. 1806-07.
6,2-40
436,042 1,494,151
24,785 34,013
801,598 2,332,902
73,574 227,075
39,535 113,423
73,888
73,740 32,517 627,621 733,908
87,113 214,382
157,269
230,213 320,330
84,123
8,000 05,834
57.831
180,367 298,056
117,689
32,963 97,314
64,351
5,775 20,079
200
14.104
704,340
305,214
52,158
4,812 346,974
5,083 307,908
1,299 302,281
92,112 6,020 121,492 218,624
1,887
10,659
1,050
767
187,181
0,534
001
26,500 3,443,102 810,358 3,125,506 7,378,960
758,147 209,362
9,858
14,615 14,983 1,110,133 421,071
867
865
3,623
24
1,887
30
091
Total
867
— .1 1 9 ,6
1 8 9 7 .......... 71516 1889. ........11%
1 8 7 2 ......... 23%
18 8 0 .
1 8 9 6 .......... 7 l 16 1888.
1 8 7 1 ..........21
18 7 9 . — .121,6
1 8 9 5 .......... 7
1 8 8 7 . ........103a
1 8 7 0 ..........20%
18 7 8 . — 117,6
18 8 6 . ........ 913
1 8 9 4 .......... 7i«
1 8 6 9 .........34%
1 8 7 7 .. ....1 2 1 4
1 8 9 3 ......... 83,6
18S5. ........1 0 4
1 8 6 8 ......... 31%
1 8 7 6 .. ....1 1 %
18 8 4 . ........11
1 8 9 2 .......... 714
1 8 6 7 ......... 26%
1 8 7 5 .. . . . . 1 5 4
1 8 9 1 .......... 85ie
1 8 8 3 . ........101,6
N o t e .—On O ct. 1 ,1 8 7 4 , grades o f c o tto n as q u oted w ere ch an ged .
A ccordin g to tlie n e w classifica tio n M iddling w a s on th a t d ay quoted
*80. lo w e r t h a n M iddling o f th e old classification .
MARKET AND SALES.
SALES OP SPOT AND CONTRACT.
SPOT MARKET
CLOSED.
Jat’day..
Monday.
T uesday
Wed’day
Th’d a y ..
F r id a y ..
T o ta l..
D u ll........................
D u ll and e a s y ..
E xp o r t.
800
425
450
200
D ull........................
Q u ie t....................
300
2,175
Oon- Spec- Oons u m p . u l'V n tract.
28
623
307
119
800
900
100
1,201
2,278
1,800
. .
S a le s o f
F u tu re s.
828
1,225
1,973
607
419
1,201
11,800
39,500
50,100
3 4 ,400
50.300
3 6 .300
6,253
2 2 2 ,4 0 0
S ales and P rices of F utures a t New Y ork a r e
shown in th e follow ing com prehensive tab le.
288 9,262 16.790 8,004.307 094 8^8 2,204,110 5.903.341
266 21,937
The
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124
454
37
A rkanbas
A lb a n y ,
S h re v e p o rt,
Oolum bue,
G reen v ille,
11
A.l jl B a m a .
M ontgcrnery,
Selm a,
H elen a.
N a to h e i,
! i i l l | l | ::s l | § o
;a . 5-® ^
. r 'O f . rt
' *
s d«
xl u
T h it
w eek .
M erid ian ,
III
„ ^ N^ ^ ^ p
,3 5 § § « 5 a ® 5 * i j l l l s
E a la n L s,
•2
000300
o o o c q o : to
'. 'I f i o S £ g £
© tc® —
g -ass
« o o
B e o d p tt.
Missouri
R aleigh,
G lnolxm ati, O h io . . .
G reenw ood, S. C arol
Trnnlbbkr.
M em phis,
N a s h v lllf,
T e x a s .......
B ren h an -,
D allas,
H o n sto r,
102
25
11
98
28
137
8
1,604
103
76
1,796
10
876
384
61
1.132
P a r i* ,'
T o ta l, 81 to w n s ..
.
S in ce
S t p t , 1/9 7 .
21,905
161,137
85,859
36,475
202,475
39,422
89,633
207,413
370.305
64,810
72,183
65,312
8,869
157,685
59,543
88,541
40,565
85,874
93,369
97,220
887,777
25,811
26.540
281,882
16,343
683,779
37,450
50,94*
123.35*
1 747,807
89.539
7,100 6,0 9,823
S to ck
fh it
K ee k .
T h it
32
30
254
290
12
16
322
1,784
356
45
426
2
32
273
149
1.743
103
61
1,209
3(>
1,618
110
£0
2,783
4
24
19
155
430
1,457
1,021
1,512
7,307
1,383
3,7 61
32(5
17,379
2,143
3,862
1,660
362
6.0(56
404
1,098
3.319
5.053
5,4 32
2,251
34,184
1,691
5
12
67
50
74
24
14
7
2
1,596
13
20
632
10,697
1,692
” 247
24
26.8 0
1,652
403
33
7,118
303
191
M onday, J u ly 1 1—
Sale*, to ta l...........
Prioea p aid (range)
C lo sin g .................
T u esd ay , J u ly 1 2 Sales, to ta l..........
p ric e s paid (range)
C losing.................
W edn’d 'y , Ju ly 13
Sale*, to ta l..........
P ric e s p a id (range)
C lo sin g ................
T h u rsd a y , Ju ly 14
Sales, to ta l..............
Prioes p aid (range)
C losing................
F rid a y , J u ly 1 5 Sales, totaL.........
P ric es p aid (range)
C losing................
R a n o e :n d
T o t a l S fie*
®®
J lUV'
August.
S ep tem b er.
O ito b e r ,
N ovem b er.
D e-e m b e r.
J an u ary.
F e b ru a ry ,
M arch .
A p ril.
6 0S A v’g e.. 6*10 A v ’ g e . .
A v’g e.. 6*02 Av’ge.. 6*00 A v ’ g e .. 6*00 Av’ge.. 5*99 Av’ge . 0*02 A v ’ g e . 6*05 Av’g e.. 400
A.v'srei.
Flrm -.r.
600
2,200
600
900
3.100
200
3.800
11,800
— ® —
6*01® 6*03 6*04® 6*07 6*07« 6*10 6*10® -5*99® 6*02 5*99® —
6 01® 6*03 6 0 0 ® —
5*99® 6*10 — n
6
*
3
3
6 1 4 6 * 1 6 - 6’18
6*10—
6-11
6
*
0
6
6*07
6*03—
0*04
6*006*01
6
016-02
6'02 - 6 04 6 0 3 - 6*04 6*00 —6*01
S teady.
.. 6*04 A v’g e .. 6*07 A v’g e ..------- Av’g e.. 6*13 A v’g e ..------- Av’g e ..
AV’ge.. 6 0 6 A v’go . 6*03 A v 'g e.. 6*00 A v ’g e .. 6*01 Av’ge.. 6’02 A v’g e4,600
S te a lv .
5,500
5,100
600
10,900
1,500
11,200
200
3 9 ,5 0 0
— •
6*12® 6*15 _ ' 4 ' " —
6*02®
6 06 6*05® 6*09
5*98® 6*15 — ® 6*05 6*01® 6*08 5*98® 6*02 6*00® 6*04 6 00® 6*03 6 * 0 5 - 6*06 6 * 0 8 - 6*09 6*12— 6 1 3 6*15— 6*16 0 * 1 8 - 6*19
6*03—
6
*
0
3
6*04
6
*
0
0
6*01
6*05—
—
6 * 0 3 - 6 04
S teady.
A v’ge.
6*03 A v’g e .. 6*07 A v’g e ..------- Av’ge.. 6 T 2 A v ’g e ,.---A v 'g e .------- A v'ge.. 6*04 A v’g e .. 6*00 A v’g e.. 6’0 l Av’ge.. 6*01 A v’g e..
Raster.
6,300
15,500
2,200
1,600
12.100
1,800
10,600
50,1 )0
—
*
—
6*11®
6*14
—
®
—
6*04®
6
0U
6*02®
6*05
5*99®
6*03
6*00®
6*03
5*99®
6*01
6*02® 6*06
5*99® 6*14 — ® —
6*01- 6*02 6 * 0 2 - 6*03 6 * 0 0 - 6*01 6 00— 6*01 6 * 0 0 - 6*01 0 * 0 2 - 6*03 6*06* 6*07 6 * 1 0 - 6*11 6 1 2 - 6*) 3 6 * 1 5 - 6*17
S teady.
.. 6*11 A v’g e.. 6*15 A v 'g e.. 6*18 A v’ge.- 6*22 Av’ge..
A v'ge. 6 04 A v’ge.. 6*06 Av’ge.. 6*05 Av’g e .. 6*05 Av’ge.- 6*05 AV’g e.. 0*07 A v’g e8,000
F irm er.
500
300
1,400
4.700
1,300
8.100
600
8.800
700
34,4,10
6*09® 6*13 6*14® 6*16 6*17® 6 19 6*22® 6*23
6*03 <f 6-23 6*04® 6*05 6 01® 6*07 6*04® 6*06 6 03® 6*06 6*03® 6*06 6*05® 6*09 6 * 1 2 - 6*13 6 1 5 - 6*17 6 * 1 9 - 6*20 6 *23- 6*24
0*056
06
6
*
0
8
6*09
601
6 0 6 6 0 6 - 6*07 6 * 0 5 - 6*06 6*05— 6*06
Stead y.
e.. 6*14 A v’g e ..------- A v’g e.. 6*19 A v’g e.. 6*22 Av’ge..
A v’ge. 6*04 A v'ge. 6*07 A v’ge.. 6*06 A v’g e .. 6*07 Av’ge.. 6*07 A v’ge.. 6*10 Av’g10,300
I-lnner.
3 0
1,500
4,200
6,400
9,900
900
16,300
500
5 0 .3 0 0
6*18® 6*22 6*22® —
6*11 6*11® 6*16 — V —
6-03® 6-22 fl-03 a 6*05 6*08® 6*08 6*05® 6*07 6*05® 6*09 6*05® 6*08 6*08®
6 *24- 6*26
6
*
2
1
6*22
6
*
1
8
6*19
6
*
1
5
6*16
6
1
1
0T
2
6*08—
6*09
6*06—
6*09
6*07—
6*08
6*07 - 6*08 6*08- 6*09
Stead y,
6*19 A v ’g e ..------- A v ’g e ,.A v'ge.. 6 0S Av’ge.. 0*06 A v’g e.. 6*06 Av’ge.. 6*07 Av’g e .. 6*10 A v’ge.- 6T 3 A v ’g e ..------- A v’ge..
A rig e -—
Easier.
2 200
11,600
1.700
900
8,600
700
10,600
3 6 .3 0 0
6*19®
6*20
—
®
—
6
’12®
6*15
—
®
6*07
6*09®
6-11
6 05® 6 07 6*05® 6*00 0*0 5 ® 6-08
6 0 5 * 6*20
6 * 2 1 - 6*23
6 *04- 6 05 6 0 5 - 6*06 6 *01- 6 06 6 * 0 5 - 6*08 6*05- 6*06 6 *08- 6*09 0 *12- 6*13 6 * 1 5 - 6*16 6 * 1 8 - 6*19
(jutet.
222,400
T o tal sa les th is week
A v erag e price, week
1 IflK* 23 9 2 8 lo o
800
1,400
6*04
61,300
6 05
5,700
6 03
52,700
6*03
11,700
0*03
17,900
6*06
52,700
6*10
700
6-12
17,500
6*15
6*22
1.155.700
5.939.300
290.100
1,202,400
222.300
257,800
584,200
12,400
75,400
3,700
J u n e.
Av’ge..
0 g S g s jS
g CD
A v’ge. .-
428
113
47
1,176
330
18
216
141
395
150
750
21
912
3,363
826
11,840
1,723
434
88
60
833
10
50
125
H6
349
26
2,841
13
338
2.926
120
7.387
1,047
147
1,546
3,760
2
344
491
1,187
12,979
34,937
* u jd > a
c © c* 0
-p
rF
s
WZCfl
83
250
199
438
v
t- t-
— ® — .» u --c ®
AVge..
5
19
2
•5
68
62
47
15,505
128,797
69,218
50,- 31
88 846
32,425
* 56,7 02
131,138
284,413
45,*. 36
60,909
63,151
8,253
103,270
34,761
57.580
41,513
64,073
81.319
59,694
548,1*91
23,310
27,068
307,363
16.447
560.736
27,837
54,643
52.660
1,319,1 ■'0
38,994
!>— u.
®
ts O.A
16, 1897.
S h i p m ’ ts
S to ck
T h ii
J u l y 16.
w eek .
6,563 4,454,783
11.729 145,765
DAILT PRICES AMD BALMS O f FUTURES FOR MACS MONTH
Mark a,
8 in c e
S e p t . 1,’96.
1o t c k .
UUU
M a r k e t , P r i c t t a n il
SaU t of
T X TT TTR E B .
S a tu rd a y , Ju ly W—
S ales, to t a l ............
P ric es paid (range)
C lo sin g.................
CO
O T*
®Q
© -*
MW
h «
row**
I—
I
J3 J-H ■9x1 a „
_ . . . . . . i> « -* » o _ l
“ S .S
O O O O O 005 0-0 o^-c-u-c! >
*d o d I <
D® +3
0 0 0 O0 COOlC-D
- 9 Bg
O O O I> t£ )
oooocor*
**^ £12*15 I s
r 'd ^ 'c * .§ £
^ a ® c •h - . h
cfi « a! O CC a
a ^' °j as g 2 t 3
H jo -1 ■•“ d -r.
[ p p ad
OOOOO
: SgSMl g & I
fi 2*13 P ®X3 co
60 8 8 g g & S
W
§►,£ Si ® P =f
►J © 0 a
oo ^ o
0 0 0 0 0
oo«oo
T3
■
§
, o
• CD C ©
g 4 « g |^ .g
w
-
M o v e m e n t to J u l y
(o Ju ^y 15. 1898.
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o a rt KjD
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■*§ oo“ d .
g o iO O c o q H o e q O H
oS
J u l y 16, 1898.)
the
c h r o n ic l e .
Q u o t a t i o n s f o r M i d d l i n g C o t t o n a t O t h e r M a r k e t s .—
Below are closing quotations of middling cotton at Southei n
and other principal cotton m arkets for each day of the w e t i .
W eek e n d in g
J u ly 15.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
B a tu r .
M on.
lu e s .
W ednes.
T h u r t.
F ri.
513le
G a lv e s to n . .
513le
51S19
5 is 18
513.8
N ew O rleans
513j8
5 7s
513.8
51316
M o b ile ..........
53*
53j
5%
5% 16
Savannah. .
5%
5%
5%
5%
5%
C h a rlesto n .. N o m in a l. N o m in a l. N om in al. N om in al. N o m in a l N om inal.
W ilm ington .
5%
bH
5*
6%
N o r fo lk ........
6%
6 >s
6*6
6%
6^8
618
B o s t o n ..........
6 3i s
6318
63, s
63,8
« 8IS
B a ltim o r e ...
638
63g
63s
63s
6%
P h ilad elp h ia
fjis
ghs
«T u
8
’ lB
6316
A u g u sta .......
6 3 ,s
6^
M em phis___
t i a
5 78
5 7s
5 78
5 7s
5 78
S t. L o u is ___
6 7s
5 7s
5 7s
5 7s
5 78
5 7s
H o u s to n ___
53l
5%
5%
5%
5%
C in c in n a ti..
6
6
6
6
6
6
L o u isv iH e ...
6
6
6
6
6
6
hundredths,
lowest 66.
131
Average thermometer 82, highest 93 and
Columbia, Texas. We have had dry weather all the
past week. The thermometer has averaged 78, the highest
being 92 and the lowest 64.
’
mfanest
Cutro, Texas. It has been dry all the week. The thermometer has averaged 81, ranging from 66 to 96.
Brenham, Texas.—We have had only a trace of rain during
the week. Prospects for cotton are very good. The ther
mometer has ranged from 66 to 95, averaging 81
Corpus Vhristi, Texas.—We have had rain on three days of
the week, the rainfall reaching sixteen hundredths of an
inch. Average thermometer 83, highest 94, lowest 72.
Weatherford, Texas. There has been rain on two days of
the week, the precipitation being eighty-six hundredths of
an inch. The thermometer has averaged 79, ranging from
New Orleans, Louisiana—There has been rain on two days
during the week, the precipitation reaching forty-five hundredths
of an inch. Average thermometer 81.
The closing quotations to-day (Friday) a t other importai t
Shreveport, Louisiana.—We have had rain on one day of
Southern markets were as follows.
the week, the rainfall reaching four hundredths of an inch.
A t h e n s ,.......... ..
6 i,g | C o lu m b u s,M iss 5%
N a s h v ille .......... b h
The thermometer has ranged from 65 to 93, averaging 80.
A t la n t a .......... ..
5 7q | E u fa n la .......... ..
5*2
N a tc h e z ______
550
Columbus, Mississippi.—It has rained on three days of the
5>s
R a le ig h .............. 6
C h a r lo tte .......... 6 3 , 6 1 L ittle B o o k . .. .
C olum bus, G a . 5*2 | M o n tg o m e r y ... 5»a
S h r e v e p o r t ..... 55 le
week, the rainfall reaching one inch and seventy seven hun
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S i n c e S e p t . 1 .— dredths. The thermometer has averaged 84, the highest
We give below a statem ent showing the overland m o v e m e n t being 94 and the lowest 68.
Vicksburg. Mississippi.—We have had rain on two days of
for the week and since S e p t . 1 , as m a d e n p f r o m t e le g r a p h ic
reports Friday night. The results f o r the w e e k e n d in g the past week, to the extent of forty nine hundredths of an
July 1 5 and since Sept. 1 in the last two years are as f o ll o w s , inch. The thermometer has ranged from 64 to 88, averag
ing 77.
1 8 9 7 -9 8.
1896-97.
Little Rock, Arkansas —We have had rain on one day the
past week, the precipitation reaching eleven hundredths of
J u l y 15.
S in c e
Since
W eek. S e p t. 1.
W eek. Sept. 1.
an inch. Average thermometer 77, highest 95 and lowest 64.
Helena, Arkansas.—Crops are excellent. There has been
S h ip p e d —
light rain here on one day during the week, the precipitation
Via a t. L o u is ____ ____ ________
1,743
2,841
8 5 8 ,8 0 7
554,134
reaching five hundredths of an inch. The thermometer has
V ia C a ir o ..
1 .787
673
3 9 0 ,18 1
271,984
V ia P a r k e r
3 3 ,2 0 0
450
22,677 averaged _72'2, the highest being 90 and the lowest 59.
Via Rook rt
46,922
13,951
Memphis, Tennessee.—The weather has been rather too cool
Via L o u lsv i He..................................
295
136.642 for the season. The plant is reported too sappy but generally
1 3 2 ,1 3 9
Via O ln olni ia t i.................................
791
1,623
149,460
153 .57 3
condition
and outlook are good. Rain has fallen on two days
1 ,9 9 6
V ia o th e r r<>uteB, & e.....................
223
105,730
1 8 8 ,2 4 7
of the past week, the raintall being fifty-five hundredths of
T o ta l g r o ss o v e r la n d .................
6 ,612 1 ,8 0 3 ,0 6 9
5,813 1,254,578 an inch, and it is now raining. The thermometer has averaged
D e d u c t s h ip m e n ts —
75T, ranging from 62 to 93.
O v erla n d to N. Y ., B o sto n , <feo..
2 ,6 1 6
5 0 2 ,06 6
2,170 319,785
Nashville, Tennessee.—We have had rain during the week,
436
B e tw e e n In terio r t o w n s ..............
3 8 ,7 2 3
13
4,708
1 ,0 6 9
5 3 ,0 1 0
I n la n d , <fcc., fr o m S o u th ...............
843
52,510 to the extent of fifty-seven hundredths of ah inch. The
thermometer has ranged from 62 to 89, averaging 76.
4,121
T o ta l to b e d e d u c te d .................
5 9 3 ,7 9 9
3,026 377,003
Mobile, Alabama.—We have had rain on three days
L e a v ln g t o t a l n e t o v e r la n d " ..
2,491 1 ,2 0 9 ,2 7 0
2,787
877,575 during the week, to the extent of thirty-six hundredths
of an inch. The cotton crop is growing too rapidly. Aver
’ In c lu d in g m o v e m e n t b y r a il to C anada.
The foregoing shows th a t the week’s net overland movement age thermometer 79, highest 90, lowest 66.
Montgomery, Alabama.—We have had rain on four days
this year has been 2,491 bales, against 2,787 bales for the
week In 1897, and th a t for the season to date the aggregate net of the past week, to the extent of two inches and forty-three
hundredths. The thermometer has averaged 77, the highest
overland exhibits an excess over a year ago of 331,695 bales.
being 93 and the lowest 61.
Selma, Alabama.—The crop continues to do fairly well.
1896-97.
1 8 9 7 -9 8 .
There are some indications of rust. There has been rain on
I n B ig h t a n d B p in n e r e ’
Since
_ , 1 S in c e
T a k in g s .
six
days of the past week, to the extent of one inch and six
W eek. | 8 ep L 1
Week. Sept. 1
hundredths. The thermometer has averaged 80, ranging
4,415 6,670,832 from 62 to 97.
9 ,4 2 4 8 ,5 8 1 .5 7 0
B e o e lp ts a t p o r ts to J u ly 1 5 _____
2,787 877,575
Madison, Florida.—-We have had rain on seven days of the
2 ,4 9 1| 1 ,2 0 9 ,2 7 0
ITet o v e r la n d to J u ly 1 5 ...................
Sou th ern c o n s u m p tio n to J u ly 15 2 1 ,0 0 0 9 9 3 ,0 0 0 15,0 0 0 867,000 week, the precipitation being five inches and forty hun
3 2 ,9 1 5 1 0 7 8 3 8 4 0 22,202 8,415.407 dredths. Tne thermometer has ranged from 66 to 92, aver
T o ta l m a r k e te d .............
t85.657 aging 78.
*4,629 1 0 0 ,6 8 9 *6,416
I n te r io r s to c k s In e x c e s s .
Leesburg, Georgia.—There has been too much rain for cot
15 ,7 8 6
2 3 ,2 8 6
8 329,750 ton. We have had rain the past week, the precipitation
..... 10884529
Total In sight July 15...,
reaching two inches and three hundredths. Average ther
N o rth ’n s p in n e r s tafc’g s to J ’ly 15l
5 3 9 |2 ,1 5 1 ,9 2 8 15,339 1,715,115 mometer 74 5, highest 85 and lowest 65.
Savannah, Georgia.—There has been rain on seven days
* Deorease d u rin g w eek .
t L ess th a n SeDt. 1.
during the week, the precipitation reaching five inches and
W e a t h e r R e p o r t s b y T e l e g r a p h . — Our telegraphic adeighty-one hundredths of an inch. The thermometer has
vices from the South this evening indicate that the weather averaged 76, the highest being 92 and the lowest 63.
Augusta, Georgia.—Rain has fallen on four days of the
has continued favorable during the week, the rainfall and
temperature having been about as desired generally, although week, to the extent of four inches and thirty seven hun
dredths, The thermometer has averaged 74, ranging from
precipitation has been heavy at some points along the Atlan 57 to 89.
tic. Cotton is doing well as a rule, but in a few districts
Charleston, South Carolina.—We have had rain on five
growth is stated to be too rapid. Our Selma, Ala,, corre. days of the week, to the extent of seven inches and ninetyfive hundredths. The thermometer has ranged from 65 to
spondent reports some indications of rust.
89, averaging 76.
Galveston, Texas.—Rain has fallen on two days of the
Stateburg, South Carolina—Crops are flourishing. We
week to the extent of forty hundredths of an inch. The have had rain on six days during the week, to the extent
thermometer has ranged from 74 to 87, averaging 82.
of one inch and sixty hundredths. Average thermometer
Palestine, Texas.—The weather has been favorable for 74'2, highest 89, lowest 59.
farm work. There has been rain on two days, the rainfall
The f ollowingstatement we have also received by telegraph,
reaching thirty hundredths of an inch. Average thermometer
showing the height of the rivers at the points named at
82, highest 92 and lowest 74.
Huntsville. Texas.—It has rained on one day of the week, 3 o’clock July 14, 1898, and July 15, 1897.
the rainfall reaching forty two hundredths of an inch. The
J u l y 14, >98. J u ly 15, ’97,
thermometer has averaged 78, the highest being 92 and the
Feet.
Feet.
lowest 64.
66
8-6
A b o v e zero o f g a u g e .
Dallas, Texas.—Farm work, although well advanced, is N ew O r le a n s........ ........
15-7
16 2
M em p h is................ ____A b ove zero o l g a u g e .
being retarded by wet weather. Cotton is in very good con N a sh v ille ................ ........ A b o v e zero o f g a u g e .
4-2
1*5
3-9
8*6
dition. It has rained rather heavily on two days of the S h revep ort............ ..........A b o v e zero of g au ge.
22-8
23-7
week, the rainfall neing one inch and three hundredths. The V icksburg.............. ..........A b o v e zero o f gau ge
thermometer has averaged 79, ranging from 63 to 95.
J u t e B u t t s , B a g g in g , & c .— Jute bagging has been in
San Antonio, Texas.—Farmers are looking forward to a
fine crop of cotton. Rain has fallen on one day of the week better demand during the week under review at unchanged
to the extent of twenty-six hundredths of an inch. Minimum prices. The quotations this evening are 5t^c. for 1% lbs.,
5%c. for 2 lbs. and 5%c. for standard grades. The market
temperature 64.
Luling, Texas.—There has been heavy rain on one day or tor jute butts has been very dall. Quotations are nominal!}
the week, the precipitation reaching one inch and fifty-three •80c. for paper quality and lj^e. for mixing.
132
THE CHRONICLE.
|V ol . L X \ II.
I ndia C o t t o n M o v e m e n t f r o m a l l P o r t s . — T h e receipt-4
N e w E n g l a n d C o t t o n M il l S i t u a t io n . — Twelve manu
of cotton at Bombay and the shipments from all India ports facturing corporations in Fall River, representing some
for the week ending July 14. and for the season from Sept. 1
900,003 spindles, which shut down July 2, resumed operations
to July 14 for three years have been as follows:
ou Monday, Jnly 11. The Slade Mills, however, will remain
1897*98.
1 8 9 5 -9 6 .
18 9 8 -9 7 .
idle this week. The Pacific Mills, of Lawrence, will start
S e c t ip ts a t—
S in c e
S in c e
S in c e
up July 18 after a two weeks' cessation of operations.
W eek.
W eek.
W eek.
S ep t. 1.
S ep t. 1.
S ep t. 1.
E u r o p e a n C o t t o n C o n s u m p t io n t o J u l y 1 .—W e have
B o m b a y ............ 12 ,0 0 0 1 .7 8 0 ,0 0 0 1 3 ,0 0 0 1 ,5 5 6 ,0 0 0 12,0 0 0 2 ,0 9 .\0 0 0 received to-day (Friday) by cable'Mr. Ellison a figure i orougnt
down to July 1. We have also received the revised totals
F o r th e W eek.
S in c e S e p te m b e r 1.
for last vear and give them for eocnparw m. The spinners’
E x p o r ts
fr o m —
G reat
C o n ti
G reat
C onti
takings in actual hales and pounds have been as follows:
Total.
T o ta l.
n e n t.
B r ita in .
B r ita in .
nent.
October 1 to J u l y 1.
B om bay—
1 8 9 7 -9 8 .,
..........
18969 7 ..
1 8 9 5 - 9 6 ..
C a lc u tta —
18979 8 ..
18969 7 .... . . . .
1 8 9 5 - 9 6 ..
M adras—
18979 S..........
..
18969 7 ..
1 8 9 5 - 9 6 ..
A ll otkerB—
18979 8 ..
3’ob o
1 8 9 6 - 9 7 ..
1 S 9 5 -9 6 ..
3 ,0 0 0
•1.000
3 .0 0 0
4 .0 0 0
3 .0 0 0
4 .0 0 0
1 3 .0 0 0
3 0 .0 0 0
7 1 .0 0 0
4 2 3 .0 0 0
5 3 5 .0 0 0
7 0 8 .0 0 0
4 3 6 ,0 0 9
5 6 5 .0 0 0
7 7 9 ,OdO
3 .0 0 0
2 1,0 0 0
6 9 .0 0 0
8 1 .0 0 0
2 4 .0 0 0
7 5 .0 0 0
9 2 .0 0 0
2,000
8,000
10,00 0
3 .0 0 0
1 6 ,0 0 0
9 .0 0 0
5 ,0 0 0
2 4 .0 0 0
1 9 .0 0 0
1 0 9 .0 0 0
1 0 8 .0 0 0
9 0 ,0 0 0
1 3 6 .0 0 0
1 0 9 .0 0 0
6.000
11.0 0 0
3 .0 0 0
4 .0 0 0
..........
7 .0 0 0
7 .0 0 0
12 ,0 0 0
8.000
11,0 0 0
3 .0 0 0
3 .0 0 0
2 8 ,0 0 0
1 9 ,0 0 0
G reat B r ita in .
F or 1 8 9 7 -9 8 ,
T ak iu gs b y s p in n e r s ...b a le s
A v e ra g e w e ig h t o f b a le s lbs
C o n tin e n t.
Total.
2,74,2,000
4 ,0 5 3 .0 0 0
6 ,7 9 5 ,0 0 0
509
490
499-3
1 ,3 9 5 ,6 7 8 ,0 0 0 1 ,9 8 6 ,9 7 0 ,0 0 0 3 ,3 9 2 ,6 4 3 ,0 0 0
F o r 1 8 9 6 -9 7 *
T ak in gs b y sp in n e r s .-.b a le s
2 ,6 1 4 ,0 0 0
3 ,6 9 7 ,0 0 0
6 ,3 1 1 ,0 0 0
A v e ra g e w e ig h t o f b a le s.lb s
500
479
4 8 7 '7
T ak in gs in p o u n d s.................. 1 ,3 0 6 ,9 3 0 .0 0 0 1 ,7 7 1 ,2 4 1 ,0 0 0 3 ,0 7 8 ,1 7 1 ,0 0 0
12 1.0 0 0
According to tne above, the average weight of the deliveries
io Great Britain is 509 pounds per bale this season, against
'>:<) pounds during the same time last season. The Continental
T otal a ll—
10,000
10,000
5 5 6 .0 0 0
5 8 6 .0 0 0 deliveries average 491 pouuds, against 479 pounds last year,
1 8 9 7 -9 8 ..
3 0 .0 0 0
1 5 ,0 0 0 1 8 ,0 0 0
7 2 .0 0 0
8 0 0 .0 0 0 and for the whole of Eurooe the deliveries average 499'3
1 8 9 6 -9 7 ..
3,066
7 2 8 .0 0 0
7 .0 0 0
7 .0 0 0
9 9 9 ,0 0 0
1 8 9 5 -9 6 ..
1 1 1 ,0 0 0
8 8*,0 00
pounds per bale against 437'7 pounds last season. Our
According to the foregoing Bombay appears to show a dispatch also gives the full movement for this year and last
decrease compared w ith last year in the week’s receipts of year in bales of 500 pounds.
1,000 bales. Exports from all India ports record a loss
Ocf. 1 to J u l y 1 .
189 7 -9 8
1 8 9 6 -9 7 .
of 8,000 bales during the week and since September 1 show
dale* o f 5 0 0 lbs. each,
a decrease of 214,000 bales.
G reat
O onu
Corn*
O relA
R
l e x a n d r ia
e c e ip t s
A le x a n d r ia , E g y p t,
J u ly 13.
S h ip m e n t s
and
1 8 9 6 -9 7 .
1 ,0 0 0
6 ,5 1 4 ,0 0 0
5 ,7 8 4 ,0 0 0
2,000
8i7ice
T h is
w ee k . S ep t. 1.
M ip o r ts (b a le s )—
To L iv e r p o o l___ . . . .
T o O o n tln e n tt______
1895-96.
1 8 9 7 -9 8 .
B e o e lp ts (o a n ta r s * )....
T his w e e k .....................
S in c e S e p t. 1 ................
C o t t o n .—
of
5,205,O uu
Since
T h is
w eek. S ep t. 1.
T h is
S in c e
w eek. Sept. 1 .
4 .0 0 0 3 2 8 .0 0 0
4 .0 0 0 3 8 1 .0 0 0
1,000 3 3 1 .0 0 0
2,000 3 2 3 .0 0 0
2,000 3 3 7 ,0 0 0
6,000 4 4 3 ,0 0 0 ,
8 O 00l780,00ol 8,000 7 0 9 ,0 0 0
T o ta l E u r o p e . . . .
3 ,0 0 0 6 5 9 ,0 0 0
* A e a n t » T ls 9 8 p o u n d s .
1 OI w h ic h to A m e r ic a In 1 8 9 7 -9 3 ,5 2 ,4 )1 b a le s ; In 1 8 9 6 -9 7 , 8 0 ,3 9 5
b a le s; In 1 8 9 5 -9 6 , 5 8 ,2 5 1 b a le s .
M a n c h e s t e r M a r k e t . —Our report received by cable
to-night from Manchester states that the market is steady
for yarns and quiet for shirtings. Stocks of both yarns and
goods are accumulating. We give the prices for to-day below
and leave those for previous weeks of this and last year
for comparison.
1898.
1897.
8 1* lb s. S h ir t Oott’n
8 * ilb s . S h ir t O oti'n
S 2 t Cop. in g s , c o m m o n M id . 32* Cop. in g s , c o m m o n M id .
T w is t.
T w is t.
ZTplds
io yiriest.
U p ld l
t o jln e s t.
a,
J ’e 10
17
«« 2 4
J u ly 1
“ 8
“ 15
d.
e. d.
s.
©6
2 ©6
lif l® 6
1 ©6
1 ©6
1 ©6
5l31G-6 l3 lfl 4 2
4
4
5 H ig® 6 $ 1<5 4
550 '®6&iq 4
50g
4
d.
9
9
8ig
8
8
8
d.
d.
6 3is
2 o 16 6
I4
3 ^ 8 6 S ,e
63s
6%
6 ]e
d.
a.
© 7 3 1G 4
©7% 4
©738 4
© 73s 4
® 7*s 4
©73a 4
d.
s.
0 b i© 6
1 ©6
lh s © 6
l! a © 6
lh s © 6
2 ©6
d.
d.
C'a 4533
4i$
7
7
7*3 4732
7k5
7 hi 4®32
The
following statement showing the condition of cotton was is
sued by the Department of Agriculture Jnly 11;
The
A
g r ic u l t u r a l
D e p a r t m e n t ’s
J uly R
e p o r t .—
T he c o tto n r etu r n s to th e S ta tis tic ia n o f th e D e p a r tm e n t o f A g ricu l
tu re m ad e up t o J u ly 1, In d ica te an a v e r a g e c o n d itio n o f 9 1 -2 . a s c o m
pared w ith 8 9 on J u n e 1, 1 8 9 3 , w ith 8 6 ou J u ly 1, 18 9 7 , an d w ith 92-5
on J u ly 1 .1 8 0 6 .
T he a v e r a g e s o f th e v a r io u s S ta te s are as fo llo w s: V ir g in ia , 93;
N orth C arolina, 87; S o u th C arolin a, G eo rg ia a n d L o u isia n a , 00; A la
bam a, 01; T e x a s , T en n e sse e a n d O k la h o m a , 02; A rk a n sa s, 93; M is
sissip p i, 94; In d ia n T errito ry , 89; F lo rid a , 83; M issou ri, 87.
The June and July averages, compared with the June and
July figures of previous years, are as follows;
1898.
S ta tu .
V ir g in ia .
N o. C arolina
8o. C arolina
-G eorgia........
F lo r id a . . . .
A la b a m a .. . .
M ississip p i..
L ouisiana.
T e x a s .............
A r k a n s a s ..
T en n essee.
M isso u r i___
O k la h o m a ..
Ind ian T er..
e
K
i
|
86
8«|
851
89
78
H9
91
89
89
96
PO
96
82
fO
03
87
90
PO
83
91
94
90
92
93
92
87
92
89
1M
!a
19
a
1no
A r er a c a .
s
18 9 7 .
87
84
87
84
90
81
76
84
87
83
77
90
7'
85
1896.
1895.
>»
s
87
90
86
85
80
85
HI
89
83
88
80
95
82
93
s
91
99
97
95
85
103
104
94
92
102
118
91
i
$
1894.
*5
sr
S
S
►5
87
100
08
94
90
98
lo o
100
80
100
107
PO
92
67 100 97
01
74 84
72
84 83
82 SB 7 6
92 93 92
85
83 88
88 86 91
85 77 95
79 76 9 4
80 93 97
87 92 78
89
96
100
70
1893.
w
S
S
87 95
91
83
88 88
78
87
93 98
87
82
88 . 86
87
94
99 82
97 *9
73 92
81
96
4
03
81
83
86
96
80
80
84
84
80
85
83 5 86-0 97-2 92-5 61 0 32-3 BR-3 89 6 ■>5'0 82*7
The average given above for all the States is the average as
given by tbe Department.
000 s o m itte d .
T olai
B rita in
n e n t.
S p inners’ sto c k O o t.l.
31 ,
T akings to J u ly 1 , . . . . 2 ,7 9 1 ,
256.
3 ,9 7 7
2 87
6 ,7 6 3
S u p p ly.............................. 2 ,8 2 2 ,
C onsm npt’n.SO w eek s 2 ,5 4 8
4 ,2 3 3 .
3 ,3 5 4 ,
Spinners' stool; J u ly 1
Weekly C o n su m p tio n
00 * o m itte d .
In O c to b e r ...............
In N o v e m b e r .___ ...
In D e o e m b e r ............
In J a n u a r y ................
In F e b r u a r y ..............
In M a rc h .................
In A p r il.......................
In M ay.........................
In J u n e .......................
Io ta .
B r ita i
neni
21
2 ,6 1 4
277
3,5 42
7 .0 5 5
5 ,9 0 2
2,8 3 3
2 ,4 5 4
3 ,8 1 9 6 ,4 5 7 ,
3 ,2 76, 5 ,7 3 0 ,
301,
6 ,1 5 6 ,
2 74
8 79
1,153
184
5 13
727,
6 4 ,0
6 4 ,0
6 4 ,0
8 4 ,0
84,0
8 1 ,0
8 7 ,0
8 7 ,0
8 7 ,0
87,0
8 7 ,0
8 7 ,0
1 4 8 ,0
1 4 3 ,0
1 4 3 ,0
1 5 3 ,0
1 5 3 ,0
1 5 3 ,0
1 5 3 ,0
1 5 3 ,0
1 5 3 .0
6 4 ,0
6 4 ,0
6 4 ,0
6 4 ,0
6 4 ,0
6 4 ,0
6 4 ,0
6 4 ,0
6 1 .0
8 2 ,0
8 2 ,0
8 2 ,0
8 5 ,0
8 5 ,0
85,0
8 5 ,0
8 5 ,0
85,"
1 4 0 ,0
1 4 6 ,0
1 4 6 ,0
1 4 9 ,0
*■49,o
1 1 9 ,0
1 4 9 ,0
1 4 9 ,0
1 4 9 ,0
68,0
66.0
66,0
66,0
66,0
66,0
I’he foregoing snows that the weesly consumption is now
158.000 bales of 500 pounds each, against 149,000 bales of like
weights at the corresponding time last year. The total
spinners’ stocks in Great Britain and on the Continent have
decreased 15,000 bales during the month, and are now 426,000
bales more than at the same date last season.
G o v e r n m e n t W e e k l y C o t t o n R e p o r t .— Mr. W. L. Moore,
Chief of the Weather Bureau of the Agricultural Depart
ment, made public on Tuesday the following telegraphic
reports on the crop in the Southern State3 for the week
ending Jnly 11:
V ir g in ia .—W e a th e r fa v o r a b le for crop g r o w th an d farm w o r k .
N orth C a r o l in a .—D ro u g h t brok en ; g e n e ro u s ram t a ilin g u p o n
c le a n , w e ll-c u ltiv a te d field s ca u sed m a te r ia l im p r o v e m e n t; o o tto u
fr u itin g w e ll; bloom s to n orth ern lim its o f S t a t e ; lic e d isa p p e a r in g .
S outh Ca r o l in a .—Ab u n d a n t m o istu re an d fa v o r a b le te m p e r a tu r e
cau sed m ark ed im p ro v e m e n t iu g e n e r a l crop c o n d itio n s , c o tto n g r o w
in g fa s t an d h e a v ily fr u it e d ; so m e c o m p la in ts o f ru st, sh e d d in g an il
gra ssy fields.
G e o r g ia .—S cattered sh o w er s in n o r th an d n o r th w e s t c o u n tie s , g e n
eral sh o w ers e lse w h e r e an d crop s m u ch im p ro v e d ; c o tto n fr u it in g an d
d o in g n lo jly , fe w com p la in ts ot' sh ed d in g.
F l o r id a .—F av o ra b le w -e k for a ll orop s; d istr ib u tio n o f r a in fa ll
v e ry sa tis fa c to r y and d ecid ed Im p r o v e m e n t n o te d in o o tto n .
A labam t.—L ands w a sh ed in a few p la o e s, b u t all orops im p r o v e d b y
gen eral rains; o otton fr u itin g w e ll an d v e r y p r o m is in g , th o n g h a fe w
c o m p la in ts o f r u st an d v e rm in a r e rep orted .
M is s is s ip p i .—Crops d oin g v e ry w e ll gen era lly ; c o tto n b e in g la id b y ,
b u t in m an y p la c e s d am a g ed b y h e a v y r a in fa ll, w h ic h lia s c a u s e d
rapid grow th o f g r a ss an d w e ed s, s er io u sly reta rd in g fr u itin g and
c u ltiv a tin g o f crop.
L o u is ia n a .—Low lan d o otton g r a ssy , so m e r u st an d sh e d d in g , crop
n e e d s dry w e a th e r to s tim u la te fr u itin g and ohook r a p id g r o w th of
w e ed , fr u itin g g e n e ra l, la y in g b y p rogressin g.
T e x a s .—Week o f m ore fa v o r a b le w e a th e r for M ean ing c ro p s o f w eed s
and grass; c o tto n Im proved, b u t In n e e d o f c u ltiv a tio n , e s p e c ia lly in
lo w ground s, M ex ica n b oll w e e v il d a m a g in g crop , p a r tic u la r ly in
so u th portion , r u s t rep orted in so m e s e c tio n s, o th e r w is e c ro p v e r y
p ro m isin g .
T e n n e s s e e . —G ood r a in s, m o s tly lo c a l, w ith h ig h te m p er a tu re , f a v
ored grow th and d e v e lo p m e n t of c to p 3 ; o o tto u in fin e c o n d itio n ,
fr u itin g w ell.
A r k i .n sas . - O otton n e a r ly a ll la id b y in e x c e lle n t con d ition ; in b o t
tom s and black la n d to o m uoli rain fo r co tto n , w hich is b e c o m in g g r a ss y
an d tu rn in g y e llo w .
O k l u io m d —Oo tto n h as d o u e w e l l ; e a r ly o o tto n fo rm in g b o lls.
Missouri.—C otton d o in g w ell.
T h ese rep orts are su m m arized b y th e D e p a r tm e n t as fo llo w s :
AVitb th e e x c e p tio n of a fe w c o m p la in ts o f r u st an d sh e d d in g th e
rep o rts ln d io a e an im p ro v e m e n t in c o tto n o v e r th e e a ste r n p o r tio n of
tb e cotton belt. T be crop is a lso d oin g w e ll in M issouri an d A r k a n s a s ,
and g en erally in T ex a s, w h ere, lin w ev er, r u s t an d b oll w e e v il a r e r e
torted in som e s ec tio n s, and th e orop is in n e e d o f o u liiv a tio n o n lo w am is. In L iuU ian a an d M ississip pi dry w ea th er is n o s lo d , th e flrsti. ■mod S ta ts rep orting too rapid g r o w th an d crop grassy.
THE CHRONICLE,
J uly 16, 1898. j
133
Exports of J otton Goods from G reat Britain.—Beiuw p o r te d b y th e s e lle r t o th e C o lle c to r o f th e E x c h a n g e , g iv in g th e e x a c t
e a n d p la c e w ith a te n m in u te s a f te r t h e tr a n s a c tio n sale; a n d i?m
we give the exports of cotton yarn, goods, &c., from Grti.t tim
le s s . o r e p o r te d s h a ll n o t b e p o s te d o n th e b la c k b o a rd n o r n o tic e d fn
Britain for the month of May and since October 1 ic a n v Of t h e re c o rd s of th e E x c h a n g e . N e ith e r s h all th e p o s te d p ric e be
c h a n g e d u n le s s th e p u rc h a s e o r s a le is am a b s o lu te tra n s a c tio n m a d e
1897-98 and 1896-97, as compiled by us from the British Board a c r o s s in© rin g .
of Trade returns. It will be noticed that we have reduced
S h i p p in g N e w s . — A s shown on a previous page the
the movement all to pounds.
exports of cotton from the United States the past week’have
reached 25,593 bales. The shipments in detail, as made up
Cloth.
Yam&Thrtad.
lotal of A Ii.
from mail and telegraphic returns, are as follows:
^
OOOi omitted.
1897-98 1896-97 1897-98
Yds.
Lbs.
Lbs.
24,234 23,469 390.544
1890-97 1897-9811696-97 1897-98
Lbs.
Yds.
Lbs.
Lbs.
417,040 74.031 79,773
432,148 397,483 82,581 75,068
418,944 431,839 80,058 81,086
October. ...
November.. 27,952 21,614
December... 26,04.4 22,209
ToLlst quar 78.230 67,192 1,241,636 1,240,371 237,270 237,107
23.841 21,181 449.974 447,452
23 383 19,9 0 410,715 303.919
87.461 24,839 490,2*5 434,382
Tot. 2d quar. 74,678 65,959 1,350,084
Total 6 mos. l52.yoe 133.151 2,598,020 2,4 92,124
80.037
78,531
94,894
January —
February
M arch.........
i.l
10
259.402
93,885
110,533
100,102
1898 97
Lb
103.242
97.182
103 875
315,500 304 '99
85.506 109,878 l(H,H8 f
60,543 101.914 89.182
83.008 122,348 107 847
238,057 334,140 304.010
j
April............
May
23.935 22,023 368,049
22,629 22,756 390,603
490,732 475,104
346.872 7©,526 00,280
387,227 74.685 73,997
049,640 0O8,aJ15
93.861 88,909
97.S11 98.753
509
10,555
Total exports of cotton manufactures.......
17,524
857,879 812.103
N e w Y o r k .—T o L iv erp o o l, p e r s te a m e r B ovic, 2 7 4 u p la n d a n I* o a ^ e ,'
1 37 S e a I s la n d
To H u ll, p e r s te a m e r B uffalo, 4 1 3 ......... ........................................
T
o
M
a n c h e s te r,atanmnn
p e r s te aTmn er rnH~o lb
e ine, 2o 0__
0 S ea i s l a n d '! .......
Tn
Uorrno
"""
To H
a v re , rtan
p e r s te a m e r L
a T o u raIin_.
e , 15 Sea-ri
I s la n d
T o M a rse ille s , p e r s te a m e r P a tr i a , 2 5 0 .............................. ..........
To B re m e n , p e r s te a m e rs B re m e n , c)0 2 ___L a h n , 1 00..............
To G e n o a, p e r s te a m e rs K a is e r W ilhelm I I ., 1,161
Troian.
P rin c e , 1 ,4 6 0 ................... .......................................
T o N a p le s , p e r s te a m e rs K a is e r W ilh elm i i ’,'2 0 0 ‘ V.' T ro ia n
P r iu c e , 1 0 0 .......................................................................................
N e w O r l e a n s —T o L o n d o n —J u l y 9—S te a m e r C .tyo R om ano ,
3 6 8 ________ ___ ______ ___ ______________ . . . . . .
To B re m e n —J u ly 1 3 - S te a m e r H e rin a n n ','2 .7 5 0 ......................
To H a m b u rg —J u ly 1 2 - S t e a m e r B o liv ia , 1 ,0 7 2 .... J u ly l ' i S te a m e r S o m m erfleld , 5 0 0 .......................................
To R o tte r d a m —J u ly 9 —S te a m e r M o n tc la ir, 4 9 9 ! " ! .... . . . , .
To G e n o a —J u ly 9 - S te a m e r s C ltta d e M essina,” 5 "269S ty r ia , 2 ,8 0 0 ............................................................
T o T r i e s t e - J u l y 9 —S te a m e r S ty ria , 1 ,2 2 5 .................................
To V e n ic e —J u ly 9 —S te a m e r S ty r ia , 5 0 0 .................
G a l v est o n —T o H a m b u r g —J u ly 8—S te a m e r Nethe'rfle"ld,’8t>7
B o sto n —T o L iv erp o o l—J u l y 5 - S t e a m e r V ic to ria n , 493 u p la n d
a n d 100 S ea I s l a n d — J u l y 6 —S te a m e r S y lv a n ia , 214
J u l y 1 1 —S te a m e r K a n s a s , 4 6 8 ...............................................
To Y a rm o u th —J u ly 11—S te a m e r B o sto n , 2 4 ............. ’ 24
B a l t im o r e —T o B re m e n —J u ly 1 3 —S te a m e r H . H . M eier, 1,887
P h il a d e l p h ia —T o L iv e r p o o l—J u ly 8—S te a m e r W ae sla n d 7 2 7
To A n tw e r p —J u l y 6—S te a m e r N e d e rla n d , 3 0 ............................
S a n F r a n c isc o —T o J a p a n —J u ly 8—S te a m e r C o p tic, 9 9 1 ........
The foregoing shows that there has been exported from the
United Kingdom during the eight months 857,879,000 li»s.
of manufactured cotton, against 812,103,000 lbs. last year, or
an increase of 45,776,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepared the following
T o t a l.
statements, showing the amounts taken by the princu al
The particulars of the foregoing shipments,
countries during May and since October 1 in each of the our usual form, are as follows.
last three years:
G r e a t F re n ch . G erO th .K ’ro p e
M exico,
EXPORTS OF PIECE OOOD8 AND YARNS TO PRINCIPAL COUNTRJfc' IN
MAY AND FROM OCTOBER 1 TO MAY 3 1 .
Piece Uoods—Yards.
(000 « omitted.)
East Indies .........................
Turkey, Egypt and Africa...
China and Japan...................
Europe (except Turkey’ .......
South America......................
North America ....................
All other countries .............
Total yards......................
Total value......................
Total lbs...........................
Total value......................
2.918 2,053 2.739
3,152 3,307 3.750
3.010 4.000 3. '48
3,710 4.057 4,824
2,812 2 .02 * 2,407
2.703 1.880 1,723
1.438 1.399 1,245
20.433 20.044 10,930
2730 £790 £792
25,119
27,802
31,105
37,497
26.002
2 L.100
12,512
28.737
28.083
30 369
29,627
18,8)8
18,153
11,933
22 13
3 1.0 (4
32 ; 77
82 652
2i.5l2
12. 00
10.737
180.19?
£0.080
101,340
*0.633
1*4 201
£0. 84
U n if o r m S iz e d C o t t o n B a l e s . —Action is being taken all
over the South on the subject of uniformity in size of c o tto n
bales. At a meeting of the Charleston Cotton Exchange h- Id
July 5, 1898, the following was unanimously adopted and
ordered sent to the farmers and ginners of South Carolina :
“ F o r s e v e r a l y e a r s s e r io u s c o m p la in ts h a v e b e e n m a d e b y th e c o t
to n m e rc h a n ts a n d s p in n e r s or th is c o u n tr y a n d o f E u ro p e a s to th e
b a lin g o f A m e ric a n c o tto n . T h e c o m p la in ts a r e b o th a s to th e p«» r
b a g g in g u s e d a n d a s to th e ir r e g u l a r ity o f th e size o f th e bales. I t h <8
b e e n a s c e r ta in e d b y p r a c tic a l e x p e r im e n ts t h a t a p a c k a g e 54 in c h e s
lo n g b y 2 4 in c h e s w id e c a n b e c o m p re ss e d to g r e a te r a d v a n ta g e , fo r in
th is s h a p e th e c o m p re ss e s c a n b rin g to b e a r a g r e a te r p re s s u re to th e
s q u a r e in c h . T h e g r e a te r t h e ir r e g u l a r ity in size, th e g r e a te r th e diffi
c u lty in a p p ly io g p re s s u re .
“ B a le s o f u n ifo rm size c a n b e h a n d le ! b o th b y th e ra ilro a d s a n d
s te a m s h ip s to b e tte r a d v a n ta g e , a n d th e re fo re a t le*s c o st to th e p ro
d u c e r. I t is c la im e d t h a t if th e c o tto n o f th is c o u n tr y is p a c k e d in u n i
fo rm b a le s , th e r e w o u ld r e s u l t a s a v in g o f 7 0 to 95 c e n ts p e r b ale in
tr a n s p o r ta tio n fro m th e fa rm s to th e m ills in E u r o p e a n d a c o n sid e r
a b le a m o u n t in tr a n s p o r ta tio n to th e m ills o f th is c o u n try . I t is a w ell
k n o w n f a c t t h a t th e c o s t o f tr a n s p o r ta tio n a n d a ll o th e r c h arg es com e
o u t o f th e a r tic le m a rk e te d , th e r e f o r e w e n e e d n o t c a ll to y o u r a tte n
tio n th e a d v a n ta g e s t h a t m o s t a c c r u e to th e p r o d u c e r b y p a c k in g su ch
a r tic le so a s to re d u c e th e c o s t o f h a n d lin g to a m in im u m . We h a v e
b e en fo ro ed to th e c o n c lu sio n t h a t th e d e m a n d s a s to t h e s ta n d a rd size
o f b a le s a n d g o o d b a g g in g w ill h a v e to b e c o m p ile d w ith so o n er o r
la te r. I n T e x a s a n d in o th e r C o tto n S ta te s b a le s d u rin g th e co m ing
s e a s o n w ill b e o f s ta n d a r d size a n d a n e ffo rt m a y b e m a d e to re q u ire a
r e d a c tio n o f 5 0 to 7 0 c e n ts on e a c h b a le n o t o f th e s ta n d a rd size, on
th e p le a o f in c re a s e d c o s t o f h a n d lin g . A s tr o n g p r o te s t is m a d e
a g a i n s t th e u s e o f g u n n y b a g s , s u g a r s a c k s a n d s e c o n d -h a n d bag ging,
f o r sn o h c o v e rin g s do n o t su ffic ie n tly p r o te c t th e c o tto n n o r do th e y
a d m it of g o o d b r a n d in g . N ew tw o -p o u n d b a g g in g sh o u ld b e n-»**a.
" T o m a k e th e s ta n d a rd 7 > a le 5 4 in c h e s b y 2 4 in c h e s w ill re q u ire o u ly
th e c h a n g in g o f p re s s b o x e s , a n d th is c h a n g e , w e a re in fo rm e d , can be
m a d e a t a c o st o f a b o u t $ 5 to $8 a b o x . “ W e e a r n e s tly reco m m en d to
th e c o n s id e ra tio n o f th e f a r m e r s a n d g in n e r s th e n e c e s sity fo r th e p ro
p o sed o h a n g e s .”
N
ew
p o r ts , m a n y .
3 68
2,750
1 ,5 7 2
4 99
3 g og
1225
’—
500
867
1275
1 887
727
30
991
.. 2 5 ,5 9 6
ig e d
tic. Japan.
N o r th . S o u th .
2,6 2 1
co n
in
T o ta l.
N ew Y o rk .
... 2,921
1,024
265
602
4 ,8 1 2
N. O rle a n s.
... 4 ,3 2 2
4 99 9,794
36 8
1 4 ,9 8 3
G a lv e s to n .
........................................ 8 67 ..
867
May.
Oct 1 to May 31.
B o s to n . . . .
1,2 7 5 ........................................
24 . .. .
1,299
........................................ 1,887 ...
1 ,8 8 7
1808. 1897. 1890. 1897-08 1893-97 1895-90 B a ltim o re .
7 2 7 .........................
30
P h ila d e lp ’a
757
100.050 154.958 182.315 1,500.486 1,337,387 1,401.**04 S a n F r a n . .
991
991
59.071 05.754 1 46.973 665,580 541,887 4‘ 8 02
60.529 55.622 45.217 345,014 390,347 47-1.0 18
T
o
t
a
l
.
.
.
.
3
,3
9
4
2
65
7,6
7
8
5
2
9
12,715
2
4
991
2
5
,5
96
208,250
23.005 19.323 lw.204
199,001 20.1.257
39.136 40.994 47,731 295.820 319,547 440.070
To Japan since September 1 shipments have been 131,519
15,034 20.076 17.901 150.124 187,189 2(>5 SOS
24,713 30,000 20,015 212,890 240,804 243.0L4 bales from Pacific Coast, 8,700 from New Orleans, 26,029 bales
from Galveston, 7,100 bales from Pensacola, 4,500 b a le s from
390.003 387.227 389 010 3,358.170 3,228.222 3.394.: 99
£3.600 k 3.083 *3,790 £31,012 £31,031 x 33.0 8 Mobile and 28,410 bales from New York.
Yam*—Lbs.
(000 s omitted.)
Holland..................................
tiern. any................................
Oth. Europe (except Turkey
tfast Indies............................
China and Japan...................
Turney and Egypt................
411 other countries................
B r i t ’n .
411
200
15
250
602
Y o r k C o tton E x c h a n g e
to
S top “ W
a sh
Sales —
Cotton freights a t New York the past week have been
as follows.
S a tu r .
L iv e rp o o l............. c.
H a v r e ..................... c.
B re m e n ................. c.
H am b u rg............. c.
A m sterd am ..........c.
R eval, v. H am b ..c.
D o v .B r e m ’n.c.
D o v. HU11...C.
R otterd am ............c.
G e n o a ................... d.
r r ie s te ...................d.
A n tw erp ............... d.
G h e n t,v .A n tw ’p.d.
I C e n ts n e t p e r 1 00
Liverpool .—By
Tues.
151
30t
25t
301
301
151
30t
25t
30t
30
W ednes. T h u n .
151
30t
251
30t
301
151
30t
25t
30
30!
....
....
....
....
....
....
....
. .. .
....
381
301
35t
401
*8
B32
lb s.
38t
301
35t
40t
*8
5S2
381
301
35t
40t
*8
532
381
301
35t
40t
38!
301
351
401
%
5S2
F ri.
151
30t
25f
30t
301
....
....
38f
30t
35t
40f
632
cable from Liverpool we have the follow
ing statem en t of the w eek’s sales, stocks, &c., at th at port.
J u n e 24.
S a le s o f tb e w e e k ............b a le s .
O f w h io h e x p o r te r s t o o k . ..
O f w h io h s p e c u la to rs to o k .
3a os A m e r ic a n ...........................
A e tn a e x p o r t ..............................
T o tal s to c k —E s tim a te d ...........
O f w hio h A m e r ic a n - E s tm ’d
Total im p o r t o f t h e w e e k ........
O f w h ic h A m e ric a n ...............
A m o u n t a flo a t..............................
O f w h ic h A m e ric a n ...............
J u l y 1.
J u l y 8.
J u l y 15.
5 1 .000
44.000
50.000
5 0 .0 0 0
2,000
3,600
1,600
1,500
600
1,300
700
1,100
49.000
42.000
48.000
4 7 .000
9,000
3,000
8,000
12.000
54.000
47.000
55.000
50.000
1.117.000 1.107.000 1.066,000 1,041,000
1.02 7 .0 0 0 1.018.000 978,000 95 8 ,0 0 0
3 7 .0 0 0
4 1 .000
22.000
3 6 .0 0 0
3 1 .000
3 7 .000
17.000
3 0 .000
47.000
5 5 .0 0 0
59.000
2 8 .000
49.000
4 6 .0 0 0
40.000 - 20,000
The tone of the Liverpool market for spots and future*
each day of the week ending July 15 and the daily closing
prices of spot cotton, have been as follows.
S p o t.
S a t’d a y .
M a rk e t, } Q u iet an d
1:45 p . M.J
d u ll.
The board of managers of the New York Cotton Exchange ana. n p i ’ds.
has posted an amendment to the by laws designed to provide
that a trade must be made “across the ring” before it can be 8p e e . & e x p .
recorded. This amendment, which is intended to stop “ wish
F u tu re s.
sales” will be voted on by the Exchange after it has remained
M a r k e t, \
on the bulletin board ten days. The amended section w ill 1 :4
5 p . m. \
read as follows:
T h e p ric e a t w h ic h a ll tr a n s a c tio n s in c o n tr a c ts a r e m ade fo r th e
f u tu r e d e liv e ry o f c o tto n u n d e r A rtic le 1, C h a p te r 3. a n d fur th e
d e liv e ry o f p r in t c lo th s , t 'a a p t e r 5, A rtic le 1, S e c tio n 123, sh all he r e
M on.
15t
301
251
301
30*
M a r k e t, j
4. P. M. j
M o n d a y . T u e s d a y . W ed ’d a y . T h u r t d ’y F r i d a y .
D ull.
M oderate
demand.
B e tte r
b u sin ess.
F air
business
doing.
31>3J
31&S3
10,000
500
3 7 1S
3b 6
S7ib
4 00 0
200
7,000
500
8,000
500
10,000
500
Q u ie t a t
p a rtia lly
1-04 dec.
Q uiet.
Q uiet.
Q uiet.
Q u iet.
V ery dull.
Q u iet.
Q u iet b u t
stead y .
F air
b u sin ess
doing.
31632.
10.000
500
S tead y al S tea d y a t
I - 16 a d p a rtia lly
1-64 ad v .
vance.
Q uiet.
Quiet.
134
THE CHRONICLE.
The prices of futures a t Liverpool for esoli day are given
below. Prices are ou the basis of Uplands, Low Middling
o la use, unless otherwise stated.
P F * T he p r ic e s a r t g iv e n in p e n ce a n d
3 63-64t£,. a n d 4. 01 m e a n s 4 l-64d!.
J u l y 9 to
J u l y 15.
J illy ................
J u lv -A u g . . .
A uK .-Sept.
S c p L -O o t,...
0«L -N t> v___
N o v -.D e o . ..
D e o .-J a n ___
J n n .- F e b ....
F eb .-M arch .
M eh .-A p ril..
A prll-M ay ..
May- Ju ue. ..
M at.
12*4
1
M o il,
1:45
4
X ue*.
1:45
4
6 -Uhs.
W ed.
T hus:
Rye has had a fairly large sale to exporters, and prices have
advanced. Burley has been in better demand and steady.
The following are closing quotations:
3 63 w ea n s
Thum .
1:451 4 (1:45
[Vol. LXVII.
F r i.
4
1:45 4
P .M . P. M. P .M , P. M. P .M .lP .M . P .M . P .M . P .M . P .M . P . M. P.M
!
d.
tl.
(k
d.
d.
d.
d.
d.
d.
d.
d.
d.
3 23 3 23 3 2 V3 2 4 3 2313 23 3 2 , 3 2 4 3 25 3 25 3 26 3 26
3 24 3 23 i 24 3 23 3 23 3 23 3 21 3 2 4)3 25 3 25 3 26 3 25
3 23 3 23 3 23 3 23 3 2 3 3 2* 3 23 3 2 i 3 24 3 21 3 25 3 25
3 22 3 22 3 2 2 3 22 3 22 3 22 3 22 3 22 3 23 3 23 3 21 3 24
3 21 3 21 3 21 3 21 jS 2 0 3 21 3 21 3 21 3 2 V 3 2 2 3 23 3 23
3 20 3 20 3 2 0 3 20 3 20 3 20 3 2113 2 1 i3 22 3 22 3 23 3 22
3 2" 3 VO 3 20 3 20 3 20 3 20 3 21 3 21 3 22 3 22 3 23 3 22
3 20 3 20 3 20 3 20:3 20 3 20 i 21 3 21 3 22 3 22 3 23 3 22
3 21 3 21 3 21 3 21 3 21 3 21 3 21 3 2 l 3 22 3 22 3 23 3 V3
3 2 1 3 22 3 22 3 22 3 21 3 21 3 22 3 22 3 23 3 23 3 24 3 2 4
3 22 3 22 3 22 3 2213 2 2 3 22 3 23 3 23 3 24 3 24 3 23 3 24
fin e ........................... * 2 6 5
Superfine..................... 2 4 0
Extra, No. 2 ............ 3 2 5
Extra, No. 1 ............ 3 4 0
J le a r s ........................... 3 6 0
a>2 85
» 3 10
* 3 35
a>3 50
<5100
P a te n t, w in t e r ........$ 4 5 0 ® t
C ity n u lls, e x t r a s .. 5 15 3 5
K ye flour, siip ertln e 2 6 0 9 3
Boot; w heat flou r................... ..
Corn' m eal—
S tra ig h ts.................... 4 00 9 4 60
W estern, a te .......... 2 0 5 9 2
■’a te n t, S p r in g .......... 4 60 3 5 3 0
2 15
B r a n d y w in e ........
[W heat flour In sa ck s s e lls a t prtoes b e lo w th o se for barrels.
♦heat—
Hard D nlu th, N o. 1.
B ed W luter, No. 2..
H ard M an., No. 1 . .
N orthern, No. 1 . . .
a ts—M ix'd, per bell.
W h it e .........................
N o. 2 m ix e d ..............
No. 2 w h lt e ............3 0
Ex p o r t s
10
10
o.
o.
C o m , p e r b u sh —
0.
0.
N om in al.
W estern m ix e d ....
939%
75 9 84%
N o. 2 m ix e d ............ ....3 6 % 3 -39^
N om in al.
We ste r n V e lio w __ ....3 G 3 i *38%
77% ® 0 2
W estern W h it e .... ---- 36% 933%
21 9 2 S % B y e —
W estern, per b u s h . . .. 5 3
2 7 9 35
® 55
S ta te au d J e r s e y ... . .. .4 3
27% <5 2H%
®5 Aha
9 31
B a r le y —W e s t e r n ___
#50
F e e d in g ......................
933
B r ba d stu ffs,
of
90
25
P b o v is io n s ,
cotton
and
Petroleum.—The exports of th ese articles during the month
B R E A D S T U F F S .
15. i898.
Business in the market for wheat flour has continued on a
decidedly limited scale, as there have been no developments
of a nature to stimulate buyers; in fact they have been, if
anything, to the contrary, prices for the grain having shown
a downward tendency, and the marketing of the wheat crop
has been freer. Bayers consequently have continued operat
ing on a strictly hand-to-mouth basis w ith prices ruling more
o r loss in their favor, although mills have shown no disposi
tion to hurry business. Rye flour has had only a small sale
and prices have again weakened. Corn meal has been quiet,
but values have held to a steady basis.
Speculation in the market for wheat futures has been only
moderately active, and it has been at gradually weakening
prices, the freer movement of the new crop, together with
the more favorable weather conditlors for harvesting in the
winter-wheat belt, being the principal depressing factors. At
the lower prices exporters have been fairly good buyers, par
ticularly for the Continent, and this has served to hold the
decline in check to some extent. Saturday there was a dull
but about steady market. Monday prices declined
under moderate selling for both long and short ac
count, prompted by favorable weather conditions in
the winter-wheat belt for harvesting, increasing receipts
and disappointing
foreign
advices. Tuesday prices
were again easier, declining under general selling prompted
by the continued favorable crop prospects; an active busi
ness, however, stimulated buying late in the day to cover
contracts and part of the loss was" recovered, closing at a net
decline for the day of
Wednesday there was a
steadier market early in the day in response to stronger for
eign advices and the more active export demand. Sabse
quently reacted on favorable crop prospects and the yellow
fever reports from Santiago. Thursday there was a steadier
m arket for the distant, deliveries, but July was easier under
liquidation by longs, closing tfc. lower for July and %(d Sic.
higher for other months lo-day there was a quiet market,
but prices advanced, largely in sympathy with the upward
tu rn to values for corn, closing %@%c. higher for the day.
The spot market was moderately active, the sales for export
here and at outports being 202,000 bushels, principally for
forward deliveries.
F r id a y , J u l y
of June, and the twelve months, for the past three years
have oeen as follows:
B coports
from 0 . 3.
1807-98.
June.
13 Months.
1806-97.
June.
1886-96.
is Months
June.
12 Month*.
Quantities.
WheaLbush. 13,191,9f2 146,02S,25(
Flottr.-.bbls. 1,018,667 15,233.017
4,161,743 79,375,372
850,824 14,521,81)
0.362,274 60,309,356
1,005 051 14,458.249
•Ybeat....bu. 17,776,99 315.171,961
lorn...bush. 16,923,173 206,567.282
Pot. bush.
7,990,456 141,723,621 10,889,503 125,371,476
9,909,875 175,006.684 6,575,058 98,552,797
34,61)3,10? 421,739,243 17,800,831 320,722,206 17,464,501 228,9*4,273
Values.
*
i
w k’t& flour. 19,608,894 2l2,S91,C3f
l o r n i meal.. 6,063,966 76,260.00;
712,174 8,795,820
a r e ..............
2,021,976 28,839,762
0 ats & m eal.
60,923 5,418,772
Barley........
*
»
0,750,786 115,542,184
3,103,326 64,517,852
628,606 3,607,606
1,073,373 9,822.31'5
601,567 7,610,495
Br’dBtuffs— 29,102.922 324,706,06 12,023,60JProvisions *. 15.333.086 189,922,981 15,698,493
7,526.297 229,907,477 4,314,37»
Ootton.........
P#troPm,&o
4,973,266 55,171,0ul 5,655,793
«
• *
7,822,726 91,002,090
3.406,629 87,871,430
166,003
445,051
1,858,023 4,400,165
388,054 2,068,04*
191,090,341 12,097,034 136,846,703
1.62,203,*8? 11,389,18* 159,611,61#
230,737,880 5,211,001 190,048,106
61,733.68
5,288,24*6 61,474,791
Tot value 56.931.691 i799,007,5’ 9 88,19?.'12l <145,765,244 86,085,511 547,981,860
■ Lncludlmz cattle and hoses In all months and rears.
No t e .— A l it h e a b o v e fig u re s a r e b ased ou th e m o n th ly p r e lim in a r y
r etu rn s is s u e d b y th e B u r e a u o f S t a tis tic s , an d c o v e r a b o u t 9 8 p e r c e n t
o ' th e t o t a l e x p o r ts .
I t a l i a n C o r n D u t i e s . —The action taken by the Italian
Senate re-establishing the duty on corn (wheat) provided
that from July 1 the duty should be 5 lire, and that from
July 15 it should be 7*4 lire*
A G R ic m /ru R A L D e p a r t m e n t ’s R e p o r t
on
Cerea l C ro ps,
&c., July i.—The Agricultural Department issued on the
10th inst. its report on the cereal crops for the month of
June, as follows:
P relim in ary r etu r n s to th e S ta tis tic ia n o f th e D e p a r tm e n t o f A gri
cu ltu re on th e acreage o f corn in d ic a te a r ed u ctio n of 3 per c e n t fro m
th e a r ea h a r v e sted la s t year. T h ere is a d e c re a se o f 3 0 2 ,0 >0 a c r e s in
Illin ois, of 3 0 3 ,0 0 0 a c re s in Io w a , o f 6 6 1 .0 0 0 a cres in M issou ri, o f
7 2 2 ,0 0 0 a cres in K a n sa s and o f 4 3 2 ,0 ) 0 in N eb ra sk a M any o th e r
S ta te s lik e w is e sh o w a red u ced a c r e tg e , b u a iu J o n t y o f t h e S o u th
ern S ta te s rep o rt a n in c r e a se , r in g iu g fro m l p er c m t in th e c a s e o f
N o rth C arolina an d G eorgia to 8 per c e n t in th a t o f T exas. T h e a ver
a g e c on d ition , 0 0 5, a lth o u g h 7*6 p o in ts h ig h er th a n th e c o n d itio n fo r
th e co rresp on d in g d a te o f la s t year, is, w ith th e e x c e p tio n o f 1 8 9 2 an d
18 9 7 , th e L ow estfJn ly co id ltio a in te n j e a r s , th e a v e r a g e fo r th a t
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHEAT.
period bein g 9 L 3. C on d ition s v a r y w id e ly a m o n g th e d iffe re n t S ta te s,
S a t.
M on. T u es. W ed.
Thun.
F ri, Io w a r ep ortin g 1 0 0 , N e b r a sk a and Ohio 9 0 , Kaunas a n d I llin o is 83
.J u ly d e liv e r y ....................o.
8 1 % 62%
S i ’s
80%
80%
81% and M issouri 7 8 . T he a creage arid c o n d itio n p e r c e n ta g e s b y S ta te s
S ep tem b er d e liv e r y ___o.
73% 73
7278
72%
72%
72% a r e a s fo llo w s:
Acre- ConD ecem b er d e liv e r y ........ c.
73% 72%
72%
72%
72%
72%
A c re- Con- 1
A cre- C o n age. d itio n . j
acre, d itto n
a (r- d ilio n .
There has been a quiet market for Iudian corn futures, and M a in e . . 110
91
M is s .... .1 0 6
100
S. D a k .. 101
98
following wheat values the tendency of prices has been N . H . . . . 91)
94
L a ........ .1 0 4
1 01
N . D ak ,. 97
90
97
towards a lower basis. Weather conditions in the com belt V erm ont. 102
T e x a s .. .1 0 8
1 03
M ontana. 150
105
90
A r k ........ . 102
09
99
W y o .. .. 105
90
have been reported as generally favorable for the growing RM. ass___
90
T o n u ... . 9 7
I ........ 91
96
C olorado 98
91
crop and have had their influence against values, as did also C onn—
91
W. V a ... .1 0 1
N. M ex.. 99
99
99
100
the fact that longs generally have shown a disposition to N . Y ----- 96
92
K v.........
A rizona.
95
83
Ohio . . .
98
90
U ta h ___ 93
90
liquidate their accounts. At the lower prices there has been N . J ....... . 9 i
98
89
Mi o b ... . 9 9
u—
91
N evada.
a more active export trade, which has served to give some D* eenl..........
89
94
Indian a . 98
I d a h o .. .
tone to the market. To-day the market was higher on less Md.......... . 95
87
Illin o is. . 93
W ash ___ 83
S3
99
W ls . .. . 99
99
O r e g o n . 103
favorable crop accounts. Speculation, however, was only V irginia 100*5 93
94
95
M ia n ... . 96
O....... .101
95
C a l.......... 7 5
69
oodeia ely active. The spot market was quiet, the sales for N.
88
I <wa___ . 9 6
100
O k la .. . .
S. 0 ........ 103
oxpor; at outports being 85,000 bushels; no business was re G
80
[M o ........ . 90
78
In d . Ter
eorgia. .1 0 1
--- — .
79
ported locally.
F lorid a . . 99
K ansas . 9 2
83
A labam a. 101
1N eb ___ . 94
91
T o ta l.. 97-0
90
90;
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
T lie c on d ition of w in te r w h ea t, 8 5 7 , la 5-1 p o in ts lo w e r th a n
Wed. T h u r t.
S a t.
M on. T u n .
F r i.
la
s
t
m
ou
th,
b
u
t
is
s
till
4*5
p
o
in
ts
higher
th
a
n
an
th
e
31%
3-V%
35%
36%
35% 36% resp on d in g d a te la s t y e a r and 4 3 p d n ts h ig h e r th a n th e a v e rcaogre
re- j d eb v e r y ...................o.
3 7%
37%
S ep tem b er d e liv e r y — o.
3G?h 38% 36% 36%
r th e p a s t ten years. T h e p r in c ip tl 3 ta te a v e r a g e s are as fo llo w s :
37%
37%
37%
37%
D ece m b er d e liv e r y — o.
38%
38^8 fo
P e n n sy lv a n ia , 87; M arylan d , 88; T en nessee, NO; K en tu ck y , 93; O hio,
Oats for future delivery have been dull, and prices have 8 R M ichigan, 98; In d ia n a , 94; I llin o is, 66; M issouri, 68; K a n sa s, 89 ,
declined in sympathy with the downward tendency to values and C alifornia, 40. T h e a v e r a g e c o n d itio n of sp r in g w h eat Is 95. T his
3*8 p o in ts h ig h er th a n a t th e co rresp o n d in g d a te la s t yea r, is 6*2
for other grains. Favorable crop prospects also have had is
a b o v e th e a v e ra g e for th e p a s t te n y e a rs an d is th e h ig h est J u ly a v e r
their influence against values, as has also a prospective heavy a g e , w ith tw o e x ce p tio n s, in th irtee n years. T he p rin cip al S ta te a v e r
crop movement. Exporters have been fairly large buyers at a g e s are as follow s: M in n esota, 91; S ou th D ak ota. 89; N o r th D ak ota,
Io w a , 97: N ebraska, 102; W ash in gton . 102. and O regon, 105. T he
the lower prices, and this demand has held the decline in 92;
e c on d ition ol’sp r in g ao d w in ter w h e a t co m b in ed is 89*4, w h ich
check to some extent. To-day the m arket was firmer in aIsv4e r5a gpoin
ts h igh er th a n a t th e corr e sp o n d in g d a te la s t y ear an d 6
sympathy with the advance in corn. The spot market was p o in ts h ig h er than on J u ly I , L895. The p ercen ta g e o f w h e a t crop of
1 8 9 7 rep orted as s till on han d oil J u ly 1, 1898 is 3 3 6 per cen t.
quiet, The sales for export were 20,000 bushels.
T he a v e ra g e co n d itio n o f th e o a ts crop. 94*8, is 5*2 p oin ts lo w e r th a n
DAILY CLOSING PRICKS OF NO. 2 MIXED OATS.
la s t m onth, bu t is 5*3 polar* high er th an at th e oorrenp oad'ng d a te
S a l.
M on.
Tun.
Wed. T h u n . F ri.
la te y ear, 4*9 p o in ts h igh er th a n th e a v e r a g e for th e p a s t te n y e a r s,
0. 2 7
27%
27%
26%
26
27
and is, w ith on e e x ce p tio n , th e h ig h e s t s in c e 1889.
J u ly d e liv e r y
THE CHKONLOLE.
J u ly 10, lri)S j
T lie a v e ra g e co n d itio n o f b a r le y is 95*7, w liio'i 19 8'9 p o in ts higher
th a n la s t m on th , b a t is 2 8 p o in ts lo w e r th a n on J a ly 1 la s t y ea r and
3*1 b elow th e J u ly a v e ra g e for th e p a st te n y ea rs.
_ ^ ^
T he a v e ra g e o o a d itio a o f w ia te r ry e is 9 < 8 a s c o m p a r e d w ith 9 VO
o n J u ly 1. L817, an l 90*8, th e J u ly a v e ra g e for the p a s t 1 0 y e a r s The
a v e r a g e co a U tiop o f sp *lag rye is 9 8 '9 a* a g a in s t 9 0 '0 o n J u ly 1, 18 9 7 ,
an d 90-6, th e J u ly a v e ra g e fo r th e p a s t te n y ea rs.
T here is an in c r e a se o f 1*3 per c e n t in the a c re a g e o f Irish p o ta to e s.
T h e a v e ra g e c o n d itio n , 95*5. is 7*7 p o in ts h ig h er th a n a t th e co rr e s
p on d in g d ate la s t y e a r a n d is 2*2 p o in ts a b o v e th e te a -y e a r a v e r a g e .
T here is a in v tt i 1 ia c c
ia cn i a ire txe or tooaoo > in n e a r ly all
th e S ta te s o f p rin cip a l produ ction, K en tu ck y reporuiug an in crea se of
8 p e r c e n t , V irginia 1 p e r c e n t, T en nessee 15 oer c e n t a n t Ohio 7 per
cen t. T here is a red u ctio n o f 6 per c e n t in J^orth C a ro lin a a n d o f 12
p er c e n t in Florida. T ne a v era g e o o n iitio n is m u ch b e tter th a n at th e
c o rr e sp o n d in g d a te la s t y ear.
The rep orts as to forage crop s are, w ith fe w a n d u n im p o r ta n t e x c e p tio n s, e x c e e d in g ly fa v o ra b le T he o u tlo o k for th e a p p le crop is v e ry
d iscou ragin g. Of the fo u rteen p rin cip a l app le g r o w in g State*, e le v e n
rep o rt e v e n a lo w e r a v e ra g e o f co n d itio n th a n a t th e cor. e sp o n d in g
d ate la s t year.
.
...
With a fe w n o ta b le e x c e p tio n s , am o n g w h ic h Is G eorgia, w ith a co n
d itio n of l o t in lioatioQS as to th e pe ich crop a re s o m e w h a t u n fa v o r
ab le. Tho w ool report in lio a tes th e a v e r a g e w e ig h t p e r fleece as b ein g
5*8 p ou nds, th e sa m e a s la s t y ear.
The acreage and condition of corn for a serie3 of years, as
made up from Government figures, is as follows:
ACREAGE
a n d c o n d it io n o f
for both staple and fancy lines at previous prices. Business
in overcoatings has been moderate, without special feature.
Cloakings very quiet. Dress goods in moderate request and
and barely steady. Flannels quiet and blankets in moderate
d emand at firm prices.
D o m e s t ic C o t t o n G o o d s . —The exports of cotton good*
from this port for the week ending July 11 were 14,238
packages, valued at $468,380, their destination being to the
points specified in the tables below :
1895.
1896.
G reat B r ita in ........
O ther E u r o p e a n ..
C hin a........................
I n d ia ........................
A rab ia......................
A fr ic a .......................
W est I n d ie s ............
M ex ico .....................
C entral A m erica..
S ou th A m e r ic a ...
O ther C o u n tries..
1894.
2,0 1 4
‘ 726
9 0 ,427
8,743
2 0 ,387
8,5 6 7
7,7 0 0
2,417
3,957
27,912
12,195
T o ta l...................................... 14,238
C hina, v ia V a n c o u v e r '___
14,238
75
9
2,883
10
72,482
3,897
15,049
2,110
12,212
1 40
109
338
483
8
7,7 5 2
1,808
4,319
27,751
2,493
185,065
6,177
1,172
3,050
152,750
12,300
191,242
4,2 2 2
165,058
" F rom N e w E n g la n d m ill p o in ts direot.
Acreage,
J Condition.
k •
cs
k
o
Acreage.
s
j Condition.
i 1 1
s
Acreage.
! j i
j Condition.
St a t i c .
1897.
Week. Since Ja n . 1
36
1
10,280
9 20
923
850
213
42
122
782
69
j
|
1898.
Week. Since Ja n . 1.
N e w Y o r k to J u l y 11.
CORN ON JU LY 1.
1897.
1898.
135
The value of the New York exports for the year to date
has been $6,446,544 in 1898 against $5,951,764 in 1897.
Bleached cottons have had rather more attention given to
Iowa........................ j 100j 7,285 75 7,5fi9 94. 8.249 105 8.504! 100 5.422 them, but orders are still individually light in all grades.
Illinois..................... &3| 0/65 82 7/67 98[ 7,026 9* 6,822 99 5,872 Low qualities are irregular but prices of other grades steady.
Missouri.................. 1 78! 3,951 92 6,612 81 6,547 109 6.613| 101 5,273 Heavy brown goods remain firm in price for all leading
Indiana................... 1 91j 3,588 83 3,661 111 3,813 95 3,702 06 3,353 brands, as although buying is moderate, stocks are easily
O hio........................ ] 00' -J.775 70 2,835 1061 3,017 91 2,846 92 2,737 controlled.
Lisht-weight browns are rather inclined to
K ansas................... 1 83j 8,303 90 9,025 102 8,848 104 8,436 93 3,732 favor buyers. Wide sheetings in slack request and barely
Nebraska................ : 9 f 7,559 82 8,042 103 7,963 95 7,807 96 2,309
787 steady. Cotton flannels and blankets firm with a better re
Wisconsin............... 991 1.015 80 1,020 102 1,051 96 1,041 98
994 93
938 order demand. Denims quiet but prices maintained; other
981 80
991 100 1,054 90
Michigan................. ! 9$ 1
994 95 1,129 97 1.152 100 1,029 coarse colored cottons dull with ready sellers. Kid finished
954 70
M innesota............. 95
T exas.................... 10H 4,213 101 3,901 39 3.392 118 4,087 94 3,649 cambrics in light request at previous prices. D*rk, fancy
Tennessee............... 96| *.2.941 90 3.032 90 3.126 98 3.3*25 89 3,108 calicoes sell steadily both on new demand and reorders. Regu
Kentucky............... 951 2,748 87 •2.80J 971 2,890 96 3,011 DO 2,952 lar prints in average request and buyers readily met. Staple
Pennsylvania......... 8 oj 1 .2 « «
1,215 98 1,312 87 1,290, 82 1,273 ginghams firm but quiet. Dress styles well situated for fall
*2.4371 .. •20.148 in all grades. Regular print cloths have been in better re
.. 1*1.610
.22,270
Oth. States & Ter’s.
21.175
Total
......... 90-o 78.4H8 82*9|8O.0b5 92-4*81,027 99*- ^g,076l95-0 62.582 quest at 2c. for July and August deliveries. Odd goods have
sold fairly at unchanged prices.
Per cent o f inc. or
- 1*2
—1*3
—3-0
+31*1
! - 13*1
dec. in acreage ...
F o r e i g n D r y G o o d s . —There has been very little improve
meat in the demand for foreign merchandise in any line, and
T hree cip h ers (,000) o m itte d from a c re a g e figu res.
business for fall continues disappointing. Importers are not,
The condition of the various crops on July 1 is given below. however,
carrying heavy stocks, and prices show no material
CONDITION OF CROPS JULY 1.
change.
18 9 7 .
18 9 5 . 1894* 1893. 1892.
1
;U j
§
*53
C
©
81*1
89*6
90*9
87*2
92*8
92*0
90*0
86*9
92*7
Importation* an J Warehouse Withdrawal* of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending July 14, 1898, and since
January 1, 1898, and for the corresponding periods of last
year are as follows:
M
fin
*ioe+ f a i ^ g
pj
108.
»:
THE
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1 9 2,5 9 9 ,2 0 6 |
DRY GOODS T R A D E .
N ew Y o r k . F r i d a y , P. JM., Jaly 15, 1898.
The attendance of buyers in the market has increased mater
ially during the past week, but there has not been a com
mensurate improvement in volume of demand. Sales have
reached a larger aggregate total than last week, it is true, but
still have hardly o m e up to expectations encouraged by the
free arrival of buyers. In spice of the excellent repirts of
business c mditions in their home markets which the visitors
bring with them, they are in no harry over actual business
and are confining themselves for the present to meeting
current requirements in most instances, and to posting
themselves upon general market conditions. The latter
are not always as buyers evidently expected to find
them, and some surprise has been expressed over the
number of well-sold-up spots in the market. Taken in the
aggregate stocks cannot be considered at all burdensome in
view of the generally accepted assurance of an unusually
good consumptive demand this fall, and that few of them are
oppressive to holders is shown by the way in which prices
are upheld in face of quiet current buying. The undertone
of the market is in fact encouragingly steady in the general
run of cotton goods. The woolen goods situation is still in
definite, so far as prices for new spring goods are concerned,
and likely to remain so for a week or two longer. Collections
satisfactory.
W o o l e n G o o d s . —The demand for serges for next spring
has been the chief feature in the men’s-wear woolen and
worsted goods situation. It has been irregularly distributed,
and on the whole has nardly come np to expectations. F ar
ther prices have been made during the week, but they do not
show any material change from what was quoted last week.
Business in new fancies has been on a limited scale. Only
low grades have been opened yet for next spring, and it will
probably be the end of the month before any quantity is
shown. In heavy-weights fair reorders have come to hand
M anufactures o f—
W o o l .........................
C o tto n .....................
S ilk ............................
F la x ..........................
M isc e lla n e o u s ..........
93*2
77*7
74*1
88*3
85*3
83*8
94*8
82*7
93*0
T o ta l m a r k e te d ...
16 9 6 .
92*4
95*0
93 3
75*6
83*9
65-8
93*3 102*2
68*4
83-2
96 3
77*7
83*8
80*7
870
91*9
88-1
76*8
990
91-5
923
92-5
82*3
89*6
81*0
91-5
85-9
g iv e n h e r e s e e p a g e
T o ta l w ith d ra w als
E n t’d fo r oonsum p .
19 9 8 .
82*9
C o rn ..................... ...9 0 * 5
81*2
W in ter w h e a t.. ...8 5 * 7
91*2
Sp rin g w h e a t... ...9 5 * 0
O a t s ..................... ...9 2 - 8
87-5
95*0
R y e ....................... ...9 3 * 8
88-5
B a r l e y ................ ...8 5 * 7
P o t a t o e s .............. . . . 9 5 5
87-8
C o ito n .................. ...9 1 * 2
80-0
T ob acco . . . . . . .
785
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S?s
THE ( HRONK LE
3(5
S tate
and
C ity
TERMS
Of
Ohio.—Law Oft periling Pot * r n Borrow Money.—"We give
>low a copy of S action 4709 i if th< Revised Statutes of Ohio,
amended Apr)) 56. 189s.
t a, uttm bly of tUt StaU of Ohio, that
tUiU'. a* Houitided May 21, IS©!, be eo
tu<«
H tTM m zm .
S U B S C R IP T IO N .
:
unis. it shall tirpt
i «**,! inU'fr*t tv. t ii«* t ru d w ’ vt>c -tnuilhslonors, In their
Xn»
e4ra i
l u m e k c ia l
j
r
leitKcr’.it <
[VOL. LXV II.
furnished
rill a
HOKICUK.
ro f 1
will KUbi jits be fur>er of the the Mi
blddtt
<1 monthly* wi also be
of the
id ljr, of the *Uikiiitf fund, or. in .-«m>tluMr ar© no eucb trustee* Of
ivr%. to than! n -or «>r officer* «>f ruch corporation IihvIuk charge of its
ivlr official i'a iMdlr ami only after their raftnuil to take all or any of
at par and it tercNt. tHtnafldQ for and to ho hold forth© benefit of
na ton, sink in ; fund or debt, #YmH *uch bonds, or u» iu*uy of them as
In no emo shall the bonds of the corpo•drorU»e«t f« r public w lc
their pur value; nor shall such bonds, when so held
ulc) for 1mm11!,ui
cm of such ft nklng fund <>r dcbt.be sold, exoopt when necessary to
Mjulrotttvut* <i such fund or debt All sitlfsi of bond*, oiber than to
fund, by nay inunit n<at c Tfieratlon, shall bo to the highest aud best
•r thirty days notice in at least two newspapers of genoral clrculavJtlHd
county whetT ■ ut li municipal corporation Is situated, setting forth
»m.* rate of jut'T.’vt and length of time the bonds have to rnu.
The
I■1!»•)■»"*.>t u < \.ldlt .onai not!co umy be publishOd outside or
i
f ittiU
order of til. C rp .rath-n council; provided, however, when any
iu-eu oi.rr o mh ciiUed and olforad for public sale, and the
jMOUttCIJB
r« Uten-of. r. tuatn nnaold.then said bands, or as many as remain
Supplements
TEEMS
tip
M.privfile Mil*' at not le.-s than tbuir par value, under the
id the officur* and agent* of the corporation by whom
s4 States and dirocti
th<
ubOTO tutmi
red. advertised and o
* ™ “ at
" —
t>o pr< Dart'll,
offered
public
Mil] t»:
"Ope, which in both uses includes sale proV'deU fur... | that vf lii’ii it *lm11 appear to the trustee! or council of
Twelvd Dt
m
to
In*
for
the
best
interest*
of
sucb
corporation
to
•I
tail
c
o
rp
o
ra
tio
n
t
o
ho
lo
r
t
h
postage.
rviicvr ©r r*fi ...................tied Itiriebtedm**? of *ueh corporailon which shall not
UftVO ttJ»Uire !, mid f i i•. c 11v rmiucc the rjiteof Interest thereon, such trustoesor
council ahull have nuitiofil v to ir^ut? for that purpose now bonds, with eemlTerms of JLdfi ‘rtls ln g —(P e r inch $space.)
annual Inter •wt . .aiiK.us Hit ached, and to exchange the 8ame with the holder or
Holders of *tteh out-iamlluK bonds. If such holder or holders shall oon1
3
U
a
W
E
.f
2
5
0
0
i
f
3
50
j
T
h
re
e
Mon
Tran*iaat mu
•ftit to amkc am'b exchange nml *ach redaction of interest, but the rate per
oa
S ix m onth*
( iHlmwl., 13 00 annum Ot !»:t r r*-.-t on am' Mich n.nv bomlKthusissueflIn exchange by any city of
mtA.3tk»UfO
IS 00 1 T w e lv e M onth ft i 2UQHMI). 58 0 0 Uio dr*t ein 9.., or b\ ntiv d! v of the l i f t e r second «rn<le of the second class.
T w o tuoath* (
*llAll ROtt*liiT-d four ui'nl "he lmifH i per cent, ami by any other city shall
mit exc
. i r,i j»i*r c*‘i i.atPi by ^ther municipalities shall not exceed five
and onn-hfiif <
ju*r i-unt ; such new bonds shall not in any case be so istmed
Austin, Texas.—Bond Intens! Not Provide! For.—The fn
on amount in iu o -i» of such outstanding bonded Indebtedness so to be refollowing dispatch from Austin, dated July 9, 1898, appeared ■unwed or refunded, nn>t may be in such denominations and payable at such
or time.*, nmiat such idikceasmay be del erminud by such trustees or council.
in the Houston “ Post " of .Inly 10. 1808: "Tile City Council iI time
Btn-rioN
Tlmt wud Ectton 270u «>f the Revised Statutes cl Ohio, as heretoMft flflMOfl to mnke a s appropriation tor the purpose of talcing l fore amended, be. and the -a me ip hereby repealed; and tMe act shall take effect
|
on
its
p.vsvn#c*.
HARUY C. MASON.
care of the Making fund and interest for the current year oa
Speaker of the House of Renresentatlve*.
$52,300 of bonds i.Mtxed in 1881 and 1884 for the redemption of
As a h e l W. J o n es ,
President of the Senate.
certain cltv warrants. This notion was taken because of a j pMftfted April 26,18S1S.
recent decision of the District Court of Travis County, which
was sustained by the npoer courts, to the effect that said
bonds were illegally issued, said decision having been ren
dered in an i etion brought by certain taxpayers in resistance
•f the tax levy made to pay the interest thereon. The Coun
cil's purpose in refusing to make an appropriation to pay the
interest on the issue is to get the bondholders themselves to
liquidate the matter and secure a direct declaration from the
coarts ns to the status of the bonds, it being considered unfair
to force non-objecting taxpayers to pay a tax for their ex
tinguishment while others who have fought the levy in the
courts have secured exemption therefrom."
Essex County, N. J .—Bond Issue Valid.—fin July 8, 1898,
the Court of Errors and Appeals, a t Trenton, affirmed the
decision of Justice Depue of the Supreme Court, declaring
that the $1.500,900 park bonds voted at the election held
April 13, 1898, were legally authorized.
Lampasas. Texas .—Bonds Valid.—We take the following
dispatch from Austin, bearing date of July 9, from the
Houston “ Post” dared July 10, 1898 :
“ In the TJniu-d States Circuit Court to-day judgment was
rendered in favor of plaintiff in Talcott vs. city of Lampasas.
The question before the Court was the validity of £4,000 of
Lampasas water-works bonds floated in 1885, the city corpo
ration responsible for their issuance having been declared
illegal by the State Supreme Court in 1890, since which time
no inter-—-, has been paid thereon. There are some $3,000 of
bonds affected by this der ision, which is also of interest to
several other Texas municipal corporations. Ths case will
be carried to the United States Supreme Court,"
Milwaukee. Wis.—Bond Jxsite Enjoined.—On July 9,
1898, Judge Sutherland decided that the debt limit of Milwakee had not Uen exceeded, and vacated the injnnctional
order restraining the sale of the garbage, bridge and streetimprovement bonds. He granted a stay of proceedings until
July 11, HON, when the case was argued before the Supreme
Court. Thin last Court has now granted a further stav of
proceedings, and this prevents the sale of the £80,000 bridge
bonds and £140,090 street improvement bond?, bids for which
were asked for yesterday, July 15.1898.
New Jersey.—.V>. f.'j-tra Session,—On July 12, 1898, Gover
nor Voorhee* stated that be saw no reason for calling an
extra session of the Legislature, This statement was brought
forth by lb- fact that -t was rumored that Mayor Seymour of
It will be noticed from the above that no limit is fixed as to
the length of time whieh refunding bonds mayruu, this being
evidently left to the discretion of the trnstees or council.
Rhilniielphin, Pa.—J/ore Litigation Relat ve to New Loan.
—On July 11, 1898, a bill in equity was filed in Common Pleas
Court No. 4. bv Robert J. Barr and Howard Yocum, asking
that the city officials be restrained by injunction from carry
ing out the provisions of the £11,200,001) loan bill recently
passed by the City- Council and approved by the Mayor. The
plaintiffs oontend’ that the ordinance is illegal, on the ground
that the election to authorize the bonds was not lawfully
held, because there was no separate vote upon the several
propositions i.of which there were 17) for the increase of the
indebtedness of the city contained in the ordinance of Sept
ember 27, 1897, but the electors were compelled, by the man
ner of holding the election, either to vote in favor of the
whole group of propositions submitted to tbe people by the
said ordinance or to vote against all of said propositions.
Furthermore, that the corporate authorities who assumed to
enact the said pretended ordinance of June 17, 1893, are not
the corporate authorities to whom, if at all, power was given
by the assent of the electors of said city to increase the in
debtedness thereof, the old councils going out of existence
on April 1. 1898.
South St. Paul, Minn.—Bonds Legal—The United States
Circuit Court of Appeals has declared valid $75,000 bridge
bonds, issued in 1891 to help build the Belt Line Bridge at
Inver Grove. It is stated that the interest now dne am ounts
to £18,000.
Bond Proposals and N eg o tiatio n s this
weok have been as follows:
Akron (Ohio) School D istrict ,—Bond Sa'e.—On Ju ly 12,
1898, the £10,000 54 refunding bonds were awarded to F ar
son, Leach & Co., Chicago, at 105-75. Following are the bids
Farnon, Leach A Co.. N. V’ .. ,.f l <\.r>75
oo
'
on | L iim p re cb t Br>»s. Co.. C le v e..$ l0 ,4 ? 3 00
Suiisongood A Mayor, Cl ft©In, I
7r> i w . j . H a y e s * S ons, C love . 10,4 61 00
DonlPcm, Prior A Co- Clave. . 10.-UKJ 75 M aso n , Lewis A CoMC hicago. 10,411 00
Rudolph KJuybolt© A Co,,Cln. 10,1^3 60
Bonds mature July 29, 1903. For further description of
bonds see C hronicle .July 9, 1898. p. 85.
Allegheny County. Pa.—Hond Sale.—On July 12. 1898, the
*250.000 8
insane asylum bonds were awarded to the Free
hold Bank of Pittsburg at 102-60. Following are the bids :
Kr-cliol.l Dank of HttUburs....... 102 i 0 l Edw. C. Jones Co.. New York ....100-66
let bN'-w York City,—Propnn l 10 nutation of Debt Limit of
Oily.—Comptroller Coler has addressed a letter to Governor
Black r-xju-sting him to transmit a special message to the
legislature, now convened in extra session, asking that
body to change the charter requirement with reference to
th- iwue of bonds. The consolidated city now has an excess
• f indebtedness ever the limit prescribed, caused by the
lumping together by annexation of the individual debts
of <oantlea, towns, villages and school districts, The Comp'roller proposes to take out of the common debt of New York
City the bon led indebtedne-s of the several counties wholly
or partly within its limits which still retain their corporate
identity.
New York State ,—Extra Session of Legislature.—On July
11, 1898, the -Stole Legislature met in extra session to provide
a method of [Tiling the votes of soldiers and sailors engaged
in war, to make an additional appropriation for w ar ex
p e n s e . and to p « s upon an election law intended to prevent
ftD*! pfiioi*b fwod,
D ollar Hav. B an k . F'1u.,burK........ 10i-;,.-, W. J . H ay es * SonB, C le v ela n d . ..100-40
Ja» . t a r o t h e r,. PltMbttnt..............XOfOl I F a rs o n , I.oa01i It Co., N ew Y o rk .100-17
Bonds mature July 1, 1008. For further description of
onds see Chronicle July 2, 1898, p. 39.
Anaconda (Mont.) School District ,—Bonds Voted—At
the election held July 5, 1898, the issuance of £30,000 Lincoln
school-building bonds was authorized.
Anne Arundel County. Md. —Bids Rejected.—Bond Offer
ing,—The Board ot School Commissioners on July 12, 1898
rejected bids for the £87,000 5 v school bonds, the highest bid
being 102-25.
1
Tbe Board of School Commissioners has again advertised
these bonds for sale, this time on July 19. 1898, at 12 M,
Securities are issued pursuant with Chapters 270, 372 and
522, Laws of Maryland 1898 Interest will be payable Jan
uary and July. Principal will mature £7,000 in the years
190!, 1908, 1913, 1918, 1923, and £2,000 in 1928. Bonds are
exempt from county and municipal tax.
Bond Sole.—On July 18, 1898, the County Commissioners
awarded £20.000 5;; 5-30-year (serial) bonds to Farson, Leach
& Co., New York, at 108-90,
THE CHRONICLE.
J u l y 16, 1898, J
Auburn Township (P. 0. Tiro), Crawford County, Ohio.
—Bond Offering.—Proposals will be received by the Town
ship Trustees until 10 a . m. July 20, 1898, for $10,000 6% roadimprovement bonds. Securities will be in denomination of
$500, dated June 1, 1898; interest payable June 1 and Decem
ber 1. Principal will mature $1,000 yearly on June 1 from
1901 to 1910, inclusive. Each proposal must be accompanied
by a certified check on a local bank for $500. Charles Mc
Connell is Clerk of township.
Augusta, Wis.—Bonds Voted.—At the election held July
6, 1898, $12,000 water-works bonds were authorized by a
majority of 9. Full details of this issue have not yet been
determined upon.
B aker City, Ore.—No Bond Election.—We are advised
that no election was held as proposed on June 25, 1898, to
vote on the question of issuing $124,000 water-works bonds.
Barfield School D istrict, Ripley County, Mo.—Bonds
Registered.—The State Auditor has registered eight $100 5%
refunding bonds bearing date July 1, 1898.
Bayfield County, Wis.—Bond Issue.—The Bayfield Wash
burn & Iron River Railroad Co. have earned an additional
$45,000 bonds of the issue of $240,000 voted in aid of the con
struction of this road. The road is now completed between
Washburn and Iron River, and the company has earned in
all $185,000 of the b onds.
Bellefontaiue, Ohio.—Bid—Toe highest bid received on
July 5, 1898, for the $16,000 6 per cent water bonds was that
of the First National Bank at 124 79. Bonds m ature $500
each six months from Sept. 1, 1921 to March 1, 1937, inclus
ive. For description of bonds see Chronicle, June 11, 1898,
p. 1152.
Berea (T illage) Ohio.—Bond Offering.—Proposals will be
received until 7-30 p m,, August 1, 1898, by E. S. Loomis,
Village Clerk, for $3,500 Of street-improvement bonds. Se
curities are issued pursuant with Sections 2267, 2272, 2705,
2706 and 2707 of the Revised Statutes of Ohio, and were
authorized by ordinance passed June 28, 1898. Bonds are in
denomination of $100, with interest payable semi-annually.
Principal will mature as follows:
187
nation of $483 40, dated July 18, 1893. Interest will be at not
more than 5%, payable semi-annually at the banking-house of
Kountze Bros., New York City, or at the office of the City
Clerk, Principal will mature one bond yearly. Bonds are
issued pursuant with Sections 2704 and 2705, Revised Statutes
of Ohio, and authorized by an ordinance passed by the City
Council June 13, 1898. Each bidder will be required to fur
nish with his proposal a certificate from the First National
Bank of Canton showing that he has deposited with the bank
the sum of $500. Bids must be made on blanks furnished by the
city of Canton, which may be obtained from the City Clerk.
Carlisle, Pa. —Bond Sale.—We are advised that the $15,000 4%bonds which were recently authorized by the Borough
Council have all been disposed of.
Carnegie, Pa. —Bond Sale—On July 6, 1393, the $75,000
street-improvement, sewer and Fire Department bonds
were awarded to N. W . Harris & Co,, New York, at 108T7.
Following are the bids:
N. W. Harris A Co., Chicago— 10817 I W. J. Hayes & Sons. Cleveland. .104*37
James Carouthers. Pittsburg...107*26 VV. M. Bell 4 Co., Pittsburg......103*45
Dick Bros. 4 Co., Philadelphia. .103*61 | Edw. C. Jones Co., New York.. .103*022
E. H. Gay A Co , New York...... 106*275 I E. D. Shepard & Co., New York.102'25
Mercantile Trust Co.. Pitts burg.l 05*50 | Denison, Prior 4 Co., CIeveland.l01*003
Bonds mature yearly as follows: $1,000 from 1906 to 1910,
$3,000 from 1911 to 1920, and $5,000 from 1921 to 1928, in
clusive.
Cherry vale, Kan.—Bonds Not Yet Soil—Mr. Charles A.
Mitchell, City Treasurer, writes us that the $12,000 5# 20-year
funding bonds have not yet been sold. Mr. Mitchell says he
will accept an “offer of par and allow a reasonable broker
age.” As stated in the C h r o n i c l e May 14, 1898, these bonds
are in denomination of $1,000, and are issued for the purpose
of funding the floating indebtedness of the city. The bonded
debt at present is $9,000 ; assessed valuation, $220,000, and
the population about 2,500.
Cincinnati, Ohio .—Bond Offering.—Proposals will be re
ceived until 12 m Aug. 2, 1898, by Chas. G. Roth, Clerk Board
of Trustees “ Commissioneis of Water-Works,” for $500,000
3y^'c water-works bonds. Securities are issued in accordance
with an Act of the General Assembly of Ohio passed April
24, 1896. Bonds are in denomination of $509, dated August
*300...N ot. 1,1899 I *300...Not . I, 1903 I *300 . Not . 1.1907 I *200...Not. 1, 1911
1898. Interest will be payable February 1 and August 1 at
200..
.Not . 1. 19"Cl I 200.. .Nov. 1. 1904 I 2O0...N v. 1,19081 TOO. Nov. 1, 1,
19i2
300..
.Not. 1.1901 I 300...Not. I, 19'3 : *•!>...Not. 1, 1-09 | 100.. .Not. 1.the
1913 American Exchange National Bank, New York City.
200..
.Not. 1. 1903 I 200...Not. 1, 1900 I 200...Not. 1, 1910 |
mature August 1, 1938, subject to call after
Berlin, Rensselaer County, N. Y.—Loan Authorized.— Principal1,will
1918. A certified check, drawn on a national
The County Supervisors on July 11,1898, authorized the town August
bank for $10,000, and payable to the order of the Board of
to borrow $500 for highway improvements and $500 for Trustees
“ Commissioners of Water-Works,” must accompany
bridges.
Bidders must use printed forms furnished by
Bozeman, Mont.—Bond Election.—An election will be held proposals.
Chas. G. Roth, Clerk.
July 28, 1898. to vote on the question of issuing $165,000
Cleveland, Ohio .—Bond Sale.—On July 11, 1898, the $100,20 year water-works bonds.
4£ garbage-plant bonds were awarded to Farson, Leach
Brazil, Ind.—Bond Sale.—Following are the bids received 000
&
Co., Chicago, at 1091)37. Following are the bids :
early last month for $4,000 60 12-year school bonds awarded Farson,
Leach & Co.. Chic.. .t 109,987 80 | Illinois Trust * SaT. Bank.
Whaun a Schlenlnger, N. Y. 109.723 60 | Chicago..............................$109,287 75
to Campbell, Wild & Co., Indianapolis, at 113 :
N. W. Harm A Co.. Chicago. 109,537 50 Estabrook A Co., Boston
109,150 00
For 6 £ Bonds.
I
Fn* 6% Ronds.
Blake Bros. A Co.. N. Y
.. 109,439 00 I Adams 4 Co., Boston.......... 109,080 00
Campbell. Wild A Co.. Indian| spitzer A Co . Toledo.............. $4,327 00
apolis............
Bonds mature October 1, 1916. For further description of
....... $4,520 00 l Duke M Farson, Chicago — 4,270 00
Samuel Selcie. Brazil..............4,514 • 0 I Denison. Prior 4 Co., C leve.,. 4,267 75
Seaaongootl & Mayer. Clncin.. 4.513 75 | S. A. Kean. Chicago................ 4,110 75 bonds see C h r o n i c l e June 4, 1898, p. 1102.
W. J. Hares A Sons, Cleve...... 4.480 00
Fo* a 5 % Bond.
Bond Offering —Proposals will be received until 12 M.
Larnprecht Brea. Co.. Cleve... 4,426 00 | Rudolph Kleybolte & Co.,Cln.$4,135 00 August 22, 1898, by H. L. Rossiter, City Auditor, for $300,-
B ridgeport. Ohio.—Bonds Proposed.—At a meeting of the
City Council, held July 7, 1898, the City Solicitor was au
thorized to draw up a new resolution to be presented to
Council providing for the issuance of $60,000 bonds for the
purpose of improving and paving streets. These bonds were
voted at the election held April 4, 1898, but the above
action was made necessary by the fact that the former reso
lution is considered illegal.
Bliras Levee D istrict, La.—Bonds Authorized.—The State
Assembly has passed the bill authorizing the Board of Com
missioners of this district to issue $25,000 6%20-year bonds.
B nrlington, Vt.—Bond Sale.—On July 11,1898, the $85,000
25-year school bonds and the $20,000 4% 20 year
street improvement bonds were awarded to R. L. Day & Co.,
Boston, at 101-59 for the former and 108'39 for the latter.
Following are the bids ;
*83.000
*20,000
School Bonds.
R. L. Day A Co., Boston.................................. ..............
Estabrook 4 Co., Boston.................................................
Parkinson 4 Burr, Boston............ .................................
Mason, Lewis A Co., Boston .........................................
Illinois Trust A Savings Bank, Chicago........................
E. H Rollins A Son, Boston............. ............................
N. W. Harris 4 Co., Boston ..........................................
Farson, Leach A Co., New York.....................................
Denison. Prior4 Co.. Boston........................................
Lee. Higffnson A Co.. Boston........................................
Cushman. Fisher 4 Phelps. Boston..............................
Blodget, Merritt 4 Co., Boston.....................................
Jose. Parker 4 Co.. Boston..............................................
E. C. St<inwood 4 Co.. Boston ......................................
101*59
101*576
101*56
101*199
101*189
101*143
101*095
101*09
100 883
100*04
100*619
100*53
100*125
100*00
Street Bonds.
l«8*39
1(8*315
107*07
108*199
108 189
107*763
107*83
107*71
J07*08
107*58
107*279
H»7*78
107*21
107*00
B'or further description of bonds see C h r o n ic l e July 2,
1898, p. 39.
Cambridge Springs (Borough). P a .—Bond Offering.—Pro
p o lis will be received until 8 p. m., July 18, 1898, by J. C.
Allee, Burgess, and the Borough Council, for $20,000 water
bonds. Securities are in denomination of $500, dated July 1,
l s93. Interest will be payable January 1 and July 1 at the
office of the Borough Treasurer, and the principal will mature
$1,000 yearly on July 1 from 1899 to 1918, inclusive. A cer
tified check on a national bank, payable to J. R. Cease, Bo
rough Treasurer, for
of the amount bid, must accompany
proposals. The borough has no other bonded debt, but a
floating debt of $3,425. The assessed valuation is $483,822,
about one third actual value. Population is about 2,500.
Canton. Ohio.—Bond Offering.—Proposals will be received
until 12 m ., August 1, 1898, by Louis N. Ley, City Clerk, for
$t.S34 street-improvement bonds. Sscurities are in denomi
000 4% water-works coupon bonds maturing October 1, 1926.
Securities will be coupon bonds of $1,000, dated October 1,
1896, interest payable semi-annually, both principal and in
terest being payable at the American Exchange National
Bank, New York City. A certified check drawn on a na
tional bank for $10,000, payable to the “Treasurer of the city
of Cleveland,” must accompany bids. These bonds were
offered for sale May 9,1898, but all bids received were rejected.
Daytona, Volusia I onnty, F la .—Bond Sale.—On July 8,
1898, $5,000 6% school-house' bonds were awarded to L. W.
Spense, Fond du Lac, Wis., at par. Bids of par were re
ceived from the following: A. S. Briggs, Ashaway, R. I.;
Westerly Savings Bank, Westerly, R. I .; A. C. Buell, Evans
ton, 111,, and W. J. Hayes & Sons, Cleveland, Ohio. Four
bids were received too late to be considered, one of which
was at 102T25. Interest will be payable January 1 and July
1 at Daytona, and the principal will mature 15 years from
date of issue. Total debt of city, including this issue, is
$22,0:0. The assessed valuation is $367,507 and the fixed
population about 1,800.
Defiance (Ohio), School D istrict .—Bond Offering.—Pro
posals will be received at the office of the Clerk of Defiance
Township until 12 M., July 23, 1898, for $1,000 6%Defiance
Township school bonds, There will be three bonds in de
nomination of $200, $600 and $201 respectively, dated July 23,
189i; interest payable semi-annually. Principal to mature
one bond yearly on July 23 from 19 i0 to 1902, inclusive. Said
bonds are issued under Authority of a resolution passed June
20, 1898, by the said Board of Education and special Act
passed April 25,1893. Each proposal must be accompanied
by a certified check for $100 on a bank in Ohio. The town
ship has no bonded debt. Assessed valuation, $301,849. Jas.
A. Kitchel is tlie Clerk Board of Education.
Dover, N. H .—Temporary Loan.—The town has borrowed
from George Mixter, Boston, $35,000 for six months at Z%.
East Lincoln (Town), Logan County, III.—Bond Sale.—
On July 6, 1893, the $72,000 4%refunding bonds were awarded
to N, W. Harris & Co , Chicago, at 100 6118. Other bidders
were: Farson, Leach & Co., $13 00 premium; Trowbridge,
MacDonald & Niver Co., par, less $290 00 for their services,
md Mason, Lewis & Co., par, less $676 00 for their services.
■Securities will mature $3,000 yearly on July 1 from 1899 to
908. inclusive, $4,000 yearly on July 1 from 1909 to 1911, injlusive, $5,000 yearly on July 1 from 1912 to 1917, inclusive.
THE CHRONICLE.
13*
fVcu LXVII.
Jefferson City. Mo. —Bond Offering.—At the election held
! Joty 7. irin. the citv authoriisd the twnanoe of #6,030 streetbonds b' a vote of 657 to 156. Proposals for
Ba.*t P ittsburg, Pa. Bond S ile, —Oa July 5. tW , #18,000 iin; v v.
July 25, 1898. They
6f rottwott baud# at this borough w-rt* awarded to 1> tiboo, the*,* bi.ti'l- will lw reorived notil 8 i*.
prtef X Co , ( 'tr etdnod, a I KM 54. Til a following bill* ivpft t,e«r f« inten-M payable at the office of tbs Oltv Treasurer.
cotsridstw# j itnbimon Hr>* , Pittsburg, #5|S premium; Jos, Principal will mature July !, 1918, subject to call after July
H McNirr, B lfilm it, #400 premium. and Mercantile Tm«(
Co Piiuborg. #tt>>j premium. Other prwpnwil* were re- 'Johnstow n. X*. 1 ~Bi << -Following are the bids received
emvoJ. but rej«ftel for failure to comply with condition* net July r, i«H for th* $ ’2,.’o0 4; school bands aw ards], as
to XL W. H trrie & Co.. New York, at 108'43.
forth to ».l»rri - -m-ut. Seouritte* will bo in dcnomlnutiau staf..! !
S . W | |M T „ * r ,
v „ V >,
1 - f-1 i i tu S n lp b K lu v t, lit," & Co , if. V ..W j» S
of isw . dated July 5. 1888; iatores! payable in January nix) Jj r-.ywttis
i
a <■» \ p u
Vork.
l ■' '.*» 'fik en ^ o u . P r i o r A Oo*. ClOVfllaTHl.105
if*’)
1U. A VJorari 4 « 1 .. NO'V Y o rk .. ,I0R*7fiS
July, Principal will mature fV'ai each year, in 1900. 1003. t ) « 9v i i H h*» NV« v ■ k
■ i V f t r m i < : t.ircri,lfc-r.r V v . .» •*
•, I... W . M o rrl* 6 i).
' '47?
IWi. 1906, It* A, 10 *0, 1997, 19-8, 19(0, 191), 11114 and 1928; \Y j i j f l u t \ s ; . < i . , i r, ,', j " ix 1 W . S h e rril* . P o u arU kYeooprkn lo........JO1
. . . ’0 5’40
Vr-« V •».
. t-itV-n |
A.. ItW M . CWOftSfO
•••
IQS'^6
#1,0 0 each y* ar. tV.cj, 1911, 1013, ISIS, 1010,1017, 1918,1919 ' H » riixiii.it
WiJy n .V Stc vcds New York.. 102*222
and 1891; #1 5 Oeaeb your, 19i0 and 1918, The p r w n t debt
d< P apoiol. - Fuecitv b-*s ,-ffvcted a compromise for
of the boTviuh lodiiulfiif tb© I I I 000 lwtif, |«
000. A»- #35B<m
000 of a large amount of claims for damages sustained
IMHIij TaklUAM 't3. fiJ3 3 ,0 (){ Ifai fl)UlM00 ibOQt
*,000.
ago, when the city bnilt its water works. Bonds
Gtxors* V Milltifiti t« Chairnijui of tti* Fioaoct* Committee* ; years
be issued fur the payment of these claims.
Kl P a*o, TftM .'-'fitind Sale*—0 o July 1, 1*9$, thf* $$O,*'0O will
Kalona (lim a ) Independent School D istrict .—Bond Of
As city ball ami fire department binds and $t5,00 »6s sow^r
Am - M-llinger. Tr-asurer, advises us that they
bond 9 vprfr. awards! to N. W. Harris & Co., Chicago, at i fering.—Hr.
are
ready
to
sell
fl.t ou Or bonds for a new school house. Se103*$(& FoUofring *r* »ho bid*:
curities ’ are dat-d September l, 1898, Principal matures
a \r. tifcfT)».#<•- ch r*«v
00»t»*t* M r«?> -n , chicm ^. .-.W'>,Weft I yearly. $?00 in two and three years. #30) in four and five
Ntr-pi’Y^T-i [l i.J a M'.-cfc
liti-i 'ipn Ivloybolt^Ai o..Clt». 4£*.i>i5?0
years, #500 in sir and seven years, #300 in eight, #700 in nine
T he#14,000 *4 w aterw orks bind* hare not yet been finally | vears and #7* 0 in ten year*.
K irksrtlle. Mo.—Bond Election—It isstated that an elecdisposed of. The bonds awarded mature July 1, 193*, sub
ject to call after July 1, 1913. For further description of ; tion wiii be held Jnly 16. 1898, to vote on the question of
bond* .re OtlKOMCLti June 25. 1808, p. 1247.
! issuing #40.f 00 water supply bonds.
Lanesboro, Minn. Bonds Voted.—On July 16, 1898, the
Fulton, X. Y.—Bondi Voted,—On .Tnne 28, 1898, b r a vote
of 835 to 78. the village authorised the issuance of #fl5,C00 I city voted to issue #7.(hi-I 5; water-works bonds. Securities
water-work* bond*.
: nm ure on July 16, # 1,000 yearly from 1904 to 1910 inclusive,
Gaylord, Minn.—Bond Sole,—On July 11, 1*98, the #5,000 i Full particulars and date of sale have not yet been deter6s electric-light bonds were awarded to the Minnesota Loan ! mined npon,
JtTru*tC o. of Minneapolis at 106 052, Bids were received
Lawson, Mo.—Bond Safe,—According to local papers the
from J. C. Norton, St. Paul; Duke M. Farson Chicago; Kane j city has sold the #1.000 Oi electric light bonds recently voted,
i t Co., Minneapolis; W. J, Have# & Sons, Cleveland; J. D. j Bond# are in denomination of #100. dated July 5,1893.
Cieghoni, Minneapolis: Trowbridge, MacDonald & Niver
Lf'wlsbnrg (Village), Ohio .—Bond Offering.—Proposals
Co,, Chicago, and S. A. Kean, Chicago. Securities are in will be received until 13 m. July 05,1898, by Chas. P. Pierce,
denominatum of #5<>3, and mature one bond yearly on August Village Clerk, for #:>/00 5< town hall bonds. Securities are
I, from 1901 to 1910, inclusive,
] in denomination of $250, dated September 1,1898, Interest
Geauga County. Ohio.—Bond Sab.—On July 6, 1898, the will be payable March 1 and September 1, and the principal
#9,60 t fit Cuyahoga River ditch bond* of this county were will mstore one bond every six months from September 1,
awarded to Rudolph Kleybolte & Co., Cincinnati, at 107-468. 1899, to March l, 1911, inclusive. Securities are issued pur
Following are the bids:
suant with Section 3835 as amended April 21, 1893, 90, O. L.
/Vfiuluw, I
Prtmium.
tt«!5j>b K)t*?t*v)l« AOx. ClA...tTi3 OO The Lamprefill Brtw. Po.XleYe.pJ41OO 229; sections 28,16 and 2837 as amended Mar -h 30, 1894, 91,
i***tm.
AC-*.. C4jUumt> -• ?16 20» ItanUon. Prior AGo.. Cleveland. r40o0 0. L. 106
**Mem<i.**d A >U»f-r. rinrUn 9MMlj TI*o New Ktr»t N&Uonal Bank,
Licking County, Ohio .—Bond Sale.—On July 11, 1898,
W .l. U*)t"* k Jkci*
(MM) Colombo* .............. .......... ft*6&0
K«d««n h. Mon. Ctiftjcrtn K«J1# 681tt>! Brigs*. Smith ACo.. Clcclnnatl. 681 60 #30,060 .7: county oridge bonds were Bold at public auction to
Gilmore City, Iowa,—Bondi D^feited.—The proposition The New First National.Bank of Columbus, Ohio, at 105-289.
Securities are iu denomination of #l,i 00. dated May 1, 1898;
to issue water bonds failed to carry at a recent election.
Goldsboro, X. C.—Bmui Sole,—On July 5, 1898, the #30,000 interest will be payable January 1 and Jaly 1 at the County
Cj sower bonds were awarded to Sea*ongood & Mayer. Cm- Treasurer’s offi ein Newark. Principal will mature $10,000
A number of bids, ranging from 104'50 yearly on Julv 1, 1905 to 1907, inclusive, and $20,090 on Jnly
to 10ft 621, were received for the bonds. Securities mature 1, 1908.
Lincoln, Nob.—Bond Sale.—On July 6, 1898, $45,000 of the
July 1. 1928. For further description of bonds see Chkoni$'39,300 ' ;> refunding bonds were sold to private parties at
Cl.r. Jane 25, 1898, p. 1247.
Greenville (Borough), Mercer Couuty, Pa .—Bond Offer par. Other bidders were Farson, Leach & Co. and S. A.
ing.—Pro|*o*a1ft will be received until 10 a. m , August 1, | Kean of Chicago. The Treasurer was instructed to sell the
l s»$, for #10.i 00 ii bond*. Securities are iu denomination of balance of the issue at par.
Los Angeles, Cal.—Bonds Voted.—At the election held
#500, dated Angu*t 1, 1898: interest will be payable semi
annually at Fir*! National Bank, Greenville, Pa. Principal Jnly 0, 1808, the issuance of #160,000 tunnel bonds and $10,000
will mature #5 0 yearly on August 1 from 1899 to 1918, in- park bonds was authorized.
derive. Bonds are free from tax.
McArthur. Ohio.—Bond Sale- On July 9, 189S, the $5,000
Hamilton, Ohio .—Bond Sale.—On Jnly 12, 1*98, the #2,500 64 electric-light- bonds were awarded to the Atlas National
f: *unitary #i?wvr redemption bonds were awarded to sea- j Bank, Cincinnati, at 111-53. Securities mature from 1899
• a Mayer, Cincinnati, a# 103-07, Following are the I t i 1913, Inclusive. For further description of bonds see
bid*:
! Chronicle Jane 25, 1898, p, 1248.
- V«... -.cm-.n ..
-.7 im«-, smith ACo., Oiu-mo»ti..wro4 ! Mahoning County, Ohio.—Bond Sale,—On July 8, 1898,
Ml
the #ii0,00u -Ca ; bridge bonds were awarded to H. M. GarBonds mature #250 yearly on August I from .18911 to 1908, lick, Cashier Second National Bank of Yonngstown, at 107-40.
iaclurive. For further description of bonds see Chronicle Bonds mature $3,0 ((yearly on Septeinb *r 1 from 1900 to 1917,
J une 25,1898, n. 1247.
Inclusive. For further description of bonds see Chronicle
Jtarimmck Heights, X. J .—Bonis Voted,—At the election July 2. 1898, p. 41.
held July 12. 180#, the borough authorized the issuance of
Malden. Mass.—Bonis Will Not be Issued.—We are ad
#I5.W0 15 30 yc ir street improvement bonds. It will prob vised by Henry A. Wilder, City Auditor, that the #1,000 park
ably be nix wi<k* before the hood* will be advertised for sale. improvement bonds recently authorized by the Council will
Herman. W ashington C-ounty. Neb.- - Bond Offering.—The not be issued.
village will receive bid* at any time for # J.O' ii 4 !it rvaterMill la (3 illnge |, Dlllo, —Bond Offering,—Proposals will be
work* w
triMe# have been approved by the Secretary received until 12 m., August 20. 1898, by the Village Clerk,
of Btftte
Vu<lit<*r of Public Account*. They are in for $10,000 •> at mu-improvement bonds. Securities are
defioffilt
, with interest payable annually on July issued pursuant with an Act of the General Assembly of
1n
FiAOll Agency in New York City. Principal Ohio* passed March lfl, 189m and were authorized by ordiwi]
from date of issue, subject to cat! after nance pissed by the Village Council July 5, 1898, Bonds are
fivi
o Limed pursuant with Section 15. Chap- in denomination of #50t>, dated August l, 1898, Interest will
tiift
npiled Statute* of Nebraska, and be payable March i md September 1, at the Malta National
were Bt!tbom-< Ht t he flection held May IS, 1*98.
Bank, and the principal will mature one bond each six
lino*lcl>. R 1M|>) aer County. h‘. Y.—Loon Authorized.— mouth* from March 1, 1905. to September 1.1914, Bidders
The County «uj
»of» have authorized the town to borrow will bo required to deposit with each bid *5 0 in cash, or a
certified check for that amount, iu the, National Bank of
Houston, r. \Aft.—-Bonds Authorized,—On Jnly 11, 1898, Malta, Ohio.
1
Council, the i*»nance of $100,0 0 5
Miami County, Ohio.—Bond Sale.—On July 1, 1898, N. W.
provemeat bonds w b nntbortzed.
Harris & Co., Cuicago, was awarded $40,000 5 per cent 5 Wity Council has under considers year (average) bridge bonds, at 105-78.' Interest will be pay
*0 bonds for building and improv- able semi annually.
b
Minnesota, Loans A uthorized,—Local papers report that
J acI
i(M lcll.l School D istrict.—Bond Offering._Proi July 8,1898, the following loans from the Permanent State
I t,e f-'-iv -d by Chas. F, Snow, Secrrisry Board 1- nnd for School Directors were favorably passed upon by the
of E If
loo. until 4 iv m. July 22, IriW, for #15,000 3<school State Investment Board: Washington County. #.300 ; Carlton
boed*.
-rtirilles will b» in denomination of Dot less than
#500; I rc*f will be payable senil-aunnally. Principal will
mat nr
,000 yearly from 1903 to 1907, inclusive.
rtplk
: Ju ly 9, 1898,
i
J u l y 16, 1808.J
THE CHRONICLE.
diyohi County, $400; Morrison County, $4C0; Stevens County,
$500; K<wabec County, $200; Mower County, $250; Nobles
County. 8700; Pipestone County, 8300; Crow Wing County,
$400; Lac qui Parle County, $1,400.
M ontclair (Town), N. J .—No Bond Issue.—It has been
stated that the issuance of $150 000 bonds was being consid
ered by this town. We are advised by the Town Treasurer
that no proposition for a bond issue is before the Council.
Montrose (Mich.) School D istrict.—Bond Sale.—The dis
trict has sold to C. H. May, Clio, Mich., $1,500 school bonds.
M orris (111.) School D istrict.—Bond Sale.—The district
has sold $14,000 school bonds to N. W. H a rris* Co., Chicago.
Morris, Minn.—Bond Sale.—On .July 7, 1898, the $25,00)
5jf 20 year gold water-works bonds were awarded to Mason,
Lewis & Co., Chicago, at 106 54 and blank bonds. For
description o f bonds see C h r o n ic l e June 4 , 1898, p. 1104.
Mount Pleasant (Town), N. Y.—Temporary Loan.—The
town recently negotiated a loan of $20,500 to pay the town’s
share of the county tax. The loan was made necessary be
cause of the fact that some of the larger tax-payers refused
to pay, pending a decision in their tax suits.
Neola, Iowa.—Bond Sale.—The city has sold to W. J.
Hayes & Sons, Cleveland, the $5,000 electric-light bonds, all
bids for which were rejected April 15, 1898. The Cleveland
firm bid a small premium for ~)%'t bonds.
Newark (Ohio) School D istrict.—Bond Sale.—On July 11,
1898, the $7,000 5% bonds were awarded to the People’s Na
tional Bank. Newark, at 104 071. Following are the bids:
139
bonds mentioned in the C h r o n i c l e May 14, ls98, have not
yet been sold. Mr. Miller says that the jBoard is making no
effort to dispose at present of these bonds, but that the entire
issue of $9'i,000 will be offered for sale in the near future.
Ohio U niversity (P. 0. Athens, Ohio.)-Bora<l Offering.—
Proposals will be received until 13 si. August 15.1898, by L. M.
Jewett, Secretary, for $5,000 5% coupon certificates Securi
ties are in denomination of $500, dated September 1,1898.
Interest will be payable semi-annually at the Importers’ &
Traders’ National Bank, New York City. Principal will
mature September 1, 1904.
Oldtown, Me.—Bond Sale —The $14,500 4,prefunding bonds
have been sold to a Boston firm at 104. Bonds mature July
1. 1918. Interest will be payable January 1 and July t in
Boston.
Oregon (Township), 111.—Bond Sale.—The township has
sold to Farson, Leach & Co., Chicago, $40,0' 0 4)£ per cent
H14 year (average) refunding bonds at 105-25.
Paterson, N. J .—Bond Sale.—On July 13, 1898, the $97,000
4p street-improvement bonds were awarded to Provident In
stitution for Savings, Jersey City, at 103-35. Following are
the bids:
Provident Institution for Sav
ings, Jersey C iiy..................... 103*35
Rudolph Kleybolte A Co., New
>ork
.....................................103*13
Farson, Leach A Co , New York.l03*157
Estabrook A Co , Boston ..........103*15
Mason. Lewis A Co. and Illinois
Trust A Savings Bank. Chic.. 103*091)
N. W. Harris A Co.. New York. .102*563
Benwell A Everitt, New Y ork...102*375
Kdw. C. Jones Co., New York_101*039
Geo.S. McCarter ($2,000) ......... 100*86
Bonds bear date July 1, 1898, and mature July 1, 1908.
Paw tucket, K. I.—Temporary Loan.—Tbe city recently
People’s Nat Bank. Newark. .17,285 tO ! Franklin Bank Co.. N ewark...$7,245 00
New First National Bank, ColSwitzer A Co.. Toledo
........... 7,233 00
umbus. . ........................... 7,284 PO 1 W.J. Haves A Sons. Cleveland 7.222 75 awarded a four-months loan of $100,000 to Bond & Goodwin,
Boston,
at 3-06J4P, Following are the bids :
Atlas Nat. BaDk. Cincinnati.. 7,'fl2 75 i Lamorecht Bros.Co.,Cleve ... 7,240 00
Seasongood s Mnyer, iTncin.. 7,258 0" Denison. Prior A Co.. Cleve... 7 ,2 i 2 " 0 Bond A Goodwin, Boston .........3 *Ofl»4 %i Geo. Mixter, Boston....................... 3*24%
Mason, Lewis A Co , Chicago.. 7,247 00 I Coshocton National Bank .* 7,122 50 Curtis
A Motley, Boston
......3*14% Dunscomb A Jennison. N. Y .......... 3*50%
Bonds mature $1,000 yearly on July 15 from 1899 to 1905, Estabrook A Co., Boston ......... 3*<51 I Rogers, Newman A Tolman, Bost.3*o4%
inclusive. For further description of bonds see C h r o n i c l e Blodget, Merritt A Co., Boston.3*19% 1
June 25, 1899, p. 1248.
New York City.—Bond Issue Again Delayed.—On July 12,
1898, for the fourth time, the Board of Aldermen failed to
pass the resolution providing for the issuance of over $23,100,000 of bonds, and the measure was returned to the
Finance Committee for further report. It is stated that
Comptroller Coler has decided not to wait for the Board to
approve the proposed bond issue and is ready to advertise
and sell $12,000,000 of the bonds without further delay.
This, it is claimed, he has the right to do, as the bonds were
authorized last year.
Purchase of Water-Works.—The Board of Estimate and
Apportionment has appropriated $570,000 for the purchase of
the plant ot the Long Island Water Supply Co. The matter
will have to be passed upon by the Municipal Assembly be
fore bonds can be issued. The purchase of this water plant
has been the subject of litigation for some years back, and
finally in April of 1897 the Commissioners of Appraisal
awarded the company $570,000. The city of Brooklyn a t
tempted to sell bonds for this purpose last fall, but was tem
porarily enjoined. After the injunction was dissolved the
successful bidder for the bonds refused to take the same, and
a few days after the city was annexed to New York City un
der the Greater New York Charter. On July 13. R-98. the
company tried to have the proceedings of the courts author
izing the purchase of the plant for $570,000 set aside, but the
application was denied by Justice Dickey m the Supreme
Court.
New York State.—Bonds Voted.—On July 14, 1898, the
Legislature passed a bill providing for an additional appro
priation of $500,600, to meet the expense of providing for
New York's share of troops required in the war with Spain.
Bonds will be issued to bear not more than 4% interest and
to mature within seven years.
Oak Harbor, Ohio.—Bids.—Following are the bids re
ceived July 5, 1898, for $21,000 5%street-improvement bonds:
For $21,000 Bonds Iuued.
I
Fnt $*?2,600 B><nds Advertised.
Lamprecht Bros. Co.. Cleve $22,304 10 New First Nat.Bk..Columbus.$23,805 50
Splfzer & Co., Toledo ........... 21,753 20 | Atlas Nat B^nk, Cincinnati . 2 <,027 50
Bnggs, Smith A Co., Clncln.. 21,532 15 W. J. Hayes A Sons. Cleve... 23.157 0<>
I Denison, Prior A Co , C leve.. 23,065 uO
Aa stated last week, bonds were awarded to the Lamprecht
Bros. C x, Cleveland, at 106-21.
Odell. III.—Bor d Award Canceled.—In the C h r o n i c l e ,
June 25, 1898, we stated that $6,000 5 per cent water works
bonds were awarded to Geo. D. Cook Co.. Cnicago, at 102-22.
We are in receipt of a letter from the Chicago firm, stating
that since the above was published the village canceled their
contract with them and has sold the bonds to another house
without notification. Mr. George Shaw Cook, Secretary and
Treasurer i f the company, says that the price paid by their
house for the bonds was a high one, and th at the contract
of sale was perfectly fair and just, and says very emphatic
ally that the failure of the village to complete the delivery
was without excuse.
Oelwein School D istrict, Fayette County, Iowa.—Bond
Sale.—The district has sold to N. W. Harris & Co., Chicago,
$12,f00 4
5-10-year (optional) school-building bonds at
101-333 and blank bonds.
Ogden, Utah.—Bids.—Following are the bids received
July 5, 1898, for the $100,000 4%f refunding bonds:
Pem bina County, N. Dak.—Bond Sale.—On July 6, 1898,
the $11,700 10-vear drainage bonds were awarded to Denison,
Prior * Co., Cleveland, at par for
bonds. Following
are the bids:
Denison. Prior A Co . par for
bonds. I S. A. Kean, 4% premium for 7% bonds.
Kane A Co., $-50 discount for 5% bonds. I Spitzer A Co , $237 premium for 1%bds.
For description o f bonds see C h r o n ic l e June 25, 1898, p,
1249.
Perrysburg, Ohio.—Bond Offering.—Proposals will be re
ceived until 12 it. August 13, 1898, by T. M. Franey, Village
Clerk, for $5 5 0 4p refunding bonds. Securities are issued
pursuant with Section 2701, Revised Statutes of Ohio, and
were authorized by ordinance passed May 26, 1898. They
are in denomination of $500, dated August 15, 1899. Interest
will be pavable F bruary 15 and August 15 at the Fourth
National Bank, New York City. Principal will mature
August 15, 1913. A certified check or cash deposit for $100
will be required with each proposal.
P lattsburg, N. Y.—Bond Sale.—The Poughkeepsie Savings
Bank was recently awarded $30,000 3(££ 1-30 year water
bonds at par.
Poestenkill, Rensselaer County, N. Y.—Loan Authorized.
—The town has been authorized to borrow $150 for highway
purposes.
Port Huron, Mich.—Bond Sale.—On June 16, 1898, $4,200
oi sidewalk assessment bonds of this city were awarded to
H. G. Baronin, Cashier First National Bank, Port Huron, at
par. Securities are in denomination of $1,400, and mature
one bond each year until 1901.
Providence, R. I.—Bond Offering.—Proposals will he re
ceived until 12 M. July 20, 1898, by D. L. D. Granger, City
Treasurer, for $200,000
gold sewer bonds. Securities
are dated April 1, 1898, and mature April 1, 1928. Interest
will be payable April 1 and October l at the office of the City
Treasurer or at the National City Bank of New York City.
A certified check, payable to the City Treasurer, for 2%of
the total amount bid must accompany proposals.
The official notice of this bond offering will be found among
the advertisements elsewhere in this Department.
Putnam County (P . 0. Ottawa), Ohio.—Bond Offering.—
Proposals will be received until 12 m. July 18, 1898, by the
Board of County Commissioners, J. C. Jones, County A u
ditor, for $20,000 5%jail and Sheriff’s residence bonds. Se
curitas are issued pursuant with Sections 871 and 872, Re
vised Statutes of Ohio. They are in denomination of $1,000,
dated July 18, 1899. Interest will be payable semi annually
at the office of the County Treasurer. Principal will mature
$4,000 yearly on Jnly 18 from 1899 to 1903. inclusive.
Ramsey County, Minn.—Bonds Authorized—The County
Commissioners have decided to refund $50,000 1%bonds m a
turing September 2, 1898. The new bonds will bear not more
than 4% interest.
Richmond (Mo.) School D istrict.—Bond Call.—The dis
trict has called for payment August 10, 1898, at the office of
the County Treasurer, bonds Nos. 6 to 10, inclusive, issued
October 1, 1897. Bonds are in denomination of $500 and bear
interest at fij£.
Pi eminm. I
Premium.
Rochester. N. Y.—Temporary Loan.—The city has nego
N. W. Harris A Co., Chicago ----- *fllo Lamprecht Bros. Co., Cleveland .$10 46 tiated an eight-months’ loan of $617,000 with Blake Bros. &
r'easongoori A Mayer, Cincinnati. 126 | 8 . A. Kean,Chicago...... .............
26
Co., New York, at 3-40g, and a two months’ loan of $200,000
• And blank bonds.
with the Rochester Trust & Safe Deposit Cl. at 2%%.
As stated last week, bonds were awarded to N. W. Harris
St. Louis, Mo.—Bond Offering.—Sealed proposals on blanks
& Co , Chicago.
Ohio .—Bonds Not Yet Sold.—Mr. W. W. Miller, Secretary furnished by the City Comptroller will be received until 12
State Board of Agriculture, writes us that the $40,000 coupon m., July 27, 1898, at the office of Hy. Ziegenhein, Mayor, for
THE CHRONICLE
140
3*^1 J'.'-jur rc44 refunding bonds. Securities are in
,t»m>iiii«iiiiini at
4 jm«4 July i. IWft. Interest will be
Jeaiuury 1 and July 1 at tuber th* Nation*! Bank of
CseunFTW, X n t Vwlr. or etw at th<- National Bank of Scot
land i Limited . London, England, in poentU sterling, at the
rate of f l -O' ■ j,*r pocnd sterling. A deposit of caah or
cashier • or certified check, payable to the Comptroller, equal
to ’/%of the nominal amount of the bonds bid for, most ac*
company propoaala,
7>,r offerd aotiff of iitit l*)mt offering teift fouml tV'iontj
t k r .gfnrtiK ivah tltnchrrr i s thi* Ikpartmrnt,
Salem. Mata,—JVwpomry Loan-—The city haa negotiated
a fear month*’ loan of $30,000 with Onrti* & Motley. Boston,
at 3i,
Sand; I reek, S. V.—Boad Saif,-On July 11, 1898, $!,000
Village Hall bo?*- were sold to D. K. Amsworiby, Albany,
at par for t». Tht only other bid received was from Isaac
W. Sherrill. Pooghki-epaitt, for Sift bonds at par.
van Juaijalri County 1t’al.l. 1 air Oaks School District.—
ifivi ! Sate, —On July 6, It®-, the #20.000 6? school bonds
were awarded to the Oakland Bank of Savings at ll0 -275.
Following are the bids :
LafcilAS-AHut of fSftyrk-gf* .
' S W. J. Hdfcy«r* 4 Sofia, OtStVClftfid-I29.&97
%t W. iU m » Jk Cf e, « * , * * f l rMi i!
[VOL. L X V I I.
Shelby County, Ohio.—Bids —Following are the bids re
ceived July 6, 1888, for f 14,000 ditch improvement bonds;
'TO 00 | Gt-mmu-Amer'ii Ilk,, Sidney..$14,680 Ofi
Piqua SaltviiAi Bank .' iviu.f lnf op
tut I Lniuprccht Bros. Co., Clove., 14,003 40
ftudoiph K‘rrtwollc X<incitj. il,«T7:, 60
H. Ulreuh' Bonk of Sidney
. 1*1,001 CO
8«**ontfT:K*d Jk Major.
NewFirst N»l WlObIiituhtis. u (Uf. f.0 I Briggs, Smith 4 Co., Clncln.. 14,550 00
\Y. J. Jlajee 4 Sua*. Clove... 14*63$w
A, Mated last w.-elt, bonds were awarded to the Piqua Na
tional Bank, the price paid being 105T48 andnot 1* 3 as stated.
South Bend, I ml. Bond Sale —On July 9, 1898, the city
awarded $r*,t’0i) i-i 20-year water-works extension and im
provement bands to Seaeongood & Mayer, Cinninnati, at
103*0794. Following are ths bids:
N-paaoBtfOOd A Slayer. Clncln. ,|5,f53 03 Spiltor A Co., Toledo............ $6,101 60
M**on, IxiwU XCo .ChlCfUO., 5,211 25 S. A. Kean, Cblcugo................ 6,050 00
F*f»oiL Inst il A Co.. Chicago. 6.808 60 | South Bend National Buuk,
South Bund............. ............ 5,027 00
Oonlwn, Prior & Co., Clare
6,103 00
W.J.lJay*** A Sou*. Cleveland. 5.101 00 St. Joseph County Savings
Bank, South Bend................. 6,i05 00
N\ W. Hm t U A Co.. Chicago.. 5.161 79
Securities are in denomination of fl.COO, dated July 1,1898.
Interest parable semi annually, both principal and interest
being payable at National Park Bank, New York.
South llaven. Mieh,—Bonds Voted—The issuance gf §2,000
bunds, in aid of the Sangatuck Douglas & Lake Shore Electric
Railroad, was recently authorized by this place.
Springfield. Mass.—Bond Offering.—Proposals will he re
ceived until 12 m. July 22, 1898, by Eliphalet T. Tifft, City
Treasurer, for the following gold loans :
$44,00$: . school loan. Issued in registered certificates of $200 each, dated
July i, ISOs. Principal matures $.1,200 yearly on July X front l£99t-o
Secttritie* are to denomination of $1,000, dated Jolv 5,1888.
101$, Inclusive.
Principal will mature ft,000 yearly from 1808 to 1918, incla- W0,000 a .* school loan. Issued In registered certificates of $501 each, dated
July
l, IF9S. Principal matures $1,500 yearly on July 1 from 181$ to
sivo.
1P1H. Inclusive.
i**:in for miscellaneous purposes, issued in registered certificates of
Schenectady, -N. V.—Bond Offering,—Proposals will be re- io.oOO
#1.000 each, dated July 1,1808. Principal matures $1,000 yearly on
w in d by J. H. Bernard!, City Treasurer, until li a . m. July
July 1 from 1S99 to 1908, Inclusive.
$15,000 Is registered school bonds of ibis city.
Interest on above loans will be payable in gold on January
Securities will bis in denomination of fl,000, dated August 1,
Ib'-e.; interest will la- payable February 1 and August 1 at the 1 and July 1. A certified check for 1%of the amount of loan
office of the City Treasurer. Principal will mature $3,0 0 bid for, payable to the city of Springfield, must accompany
yearly on August i from 1889 to 1903, inclusive. These bomls proposals.
are i«*u> d by virtue of Chapter : 01, Laws of 1898, and in
7 he official notice of this offering will be found among
conformity with a resolution of the Common Council adopted
on the list day of Jane, 181*8, Purchaser will be required to the advertisements elsewhere in this Department.
pay !*x of the amount of bonds purchased by them at the
Springville, N. Y.—Bond Election.—An election will be
time of sale.
bela July 18, 1898, to vote on the question of issuing $4,850
N EW
i#
C ITY
LOANS,
. 1 9 :
OF
j
,
o
o
ST.
o
LOUIS
; 20 Year Gold Renewal Bonds.
MAYOR* orriCK, •
ST. I,or t», July <kb, J.HM. \
Hjr
a** i.if
JCo. .18,4w , authorial ur the
a&4 w )e ut renew*.!
the City of St.
fille d
for the pnrcha.4t? of flv»*
kineidrrtJ nnd ulcr f j -i hrrr i bon sn ml <to!lnra
#*.593.000 In ml13 txvnd*. hcreSnaftcr dvaertbed,
ot mo* j*oriicti tlH W f. «UI be received at tbo
I U m '4 fWS2.ee. ' n ((h* C1lf of 81 Lout*, until 12
of the TTUi day of July. I>4 »h. and pub•ffc*l4 Poftda Wtli
■ led July J«, Dv*s, and wdl
nmktia
**f f l.MuO United siate*
i bo)4 Orafe. j.«kjralji*- , »»|rf.|I }' 'THi yi-nr* after their date.
will t*r*.r iBiffjir«l frr m their datoattbvrat«**r
KStA-’j j.* f <ft'ut ja?r annum, st-mi- annual
jDijwf-wfci cV'Ut- *»♦ . t*
1? u« the nr*t day of Jaoumry «£»1 Jt»i# fr-♦ (,-rd ir d If.
ha a«iached to .*«rU
NifM. a*x3 b 1b binid* aw.j *oopona will be payable
to '
T &,« bo f;-») , J*cc either at tbe National
ILft*: k ,4 Cc'tntotrtxNew Vork, in 1 mted gute#
Uck) Coin, •* at Lb*sN«U
lied ST N'*/'b..lak* 14MM* 1.*ro4otj. England. In pimnd*
1 of f<*ur <s«*ilara, eighty *is oent*.
FUfttB*. ft* thr
3*111* 1
)Mrr pound Sterling.
Dt«|Q the condition that In imy
Th* twianda wld
munm»t the Unite*! .State*
■ ' - f l?
flow uk41ftir auut tint 1*<<UIno ‘Mr.jfinjtftiUiemJcrulated
Oranim. Tin
fared for reei»tw d M i b et any
to
in their ppipowili
’T t»*-<ailt the par and premium to
f. Aocompeded by a d m r t t o f
r rwrfiflcd cberk, payApta p; the
(cJlnr land *»»bjecf l« hit ap-
■re 1 per vent «f the nominal
* tod (ori raid depoali fo i-e r«-
If ttw* prop*o«tlnot acmpietl,
> l*<ttvivam b* t he city
k[«n%fiUt*f
!1)Chidijt<* omply
f
nance to t>i
A do
ft tbo NftCH
w»t of (" 'Ttimerov in New
o t N oiUod, Mmded.
tall rvyrnpitano* with th«
r<&*witt*• fe tati
. Nr, iBbOftt wl 11
t,uO«) - >y it,- '1 .*u c-J
Ploy*
to all the mndtthm* and
tit, and r n * t refer
Af?-r^0v« hto» the frtWt v*f
1 ^ l(K*)» f»>f Purr-hftfce
Tftetb a
fc’MtfvJi -H, i IM
■ wf to the fteprnvftl o f tb*
1:
1ont«, of> th® 9Cdb day of
MEW LOANS,
NEW LOANS.
# e i 4 ,o « »o
* • £ 2 0 0 ,0 0 0
R EG IST E R E D
C ity
of
G O L D
B O N D S
S p rin g fie ld ,
C IT Y o f PRO VIDENCE
M a s s ,,
8,‘b School and Miscellaneons Loain.
L O A N .
Cn V Tlf i:ASrilKK'S o f cice , c it v iia l l . }
SWITNGVI Kl.li, July Htb, 1898. (
In j«ur»uanfc* -»f ihcauthority of orders of tbe City
o<tiucil. the undcr»1|fned Treasurer of t he City of
Sprlngfloid will receive until 12 o’clock, noon, Friday,
July h-’d.
setiied propoanls for the whole or any
tuirt of tile followinj; Ioann:
*8 4 ,0 0 0 “ School Lon ii ” iF o r c s t P a r k
S ch ool, E tc.)
The br.nd.- “ r certificates for this loan shall be
dated July 1. IW'N anti shall be payable Jn annua
pry‘ 1»prtbjiDnt.e payments o f $4,200 each. on the first
day of July tif each year until July 1,1918, when the
la*t payment shall l>e made, and are to be issued in
rvtfiitervd cert ill eaten of Two Hundred Dollars each,
or any nnutiplc thereof.
8 00,000 ** School L o a n ” lJriuht w ood and
Aitlun S tr e e t.)
The bonda or oertSflcaUw for this loan shall bo
dated July l. 189.-, and shall be payable In annual
proportionate payments of $1.50“ each, on the fir>*t
day of July of each year until July 1, 1918, when the
bod payment shall Oe made, and are to be issued in
nsnlwterod ecru boatea o f Five Hundred Dollars each,
or any multiple 1hereof.
$40 ,00 0 “ HincellmicmiM L o a n
(F ir e E littlne Ilou ae. I lo a p iiitl and L n n d ,},
The bonda or certificates for this loan ebalh he
dated July J. !*<«•*. and shall he parable In annual
proportionate payment-* of Four Thousand Dollars
end,, on the flr»t day of July o f euoh rear until July
1 . 1W*. when the lost payment shall he made, and
ore to b,. K«urwl In rettistcrod certificates of (Inc
Thousand Dollars each, or any multiple th ereof. All the above issues of bonds will bear
Interest a! the rate of three and unc-bftlf per eent
toT anunth, tmyithlc -cml annually on the firat dnys
" f January and July of each year. Principal and
Inter 0*1 payable in IJnld C o in o f the Uulleul States
Of America, of the present Mamlnrd of weitrbt and
fineness or It* equivalent. Holders of these loans.
Otlice of the City Treasurer, >
PROVmBNCB. It, I„ July 14, 1898. J
Sealed proposal!?, addressed to J). L . I ) .G r a n d e r ,
C ity T r e a s u r e r , P r o v id e n c e , R . I ., each endoreed "Proposals for Loan,’’ will be received at
this office until 12 o’clock. M., W EDNESDAY,
JU LY 20,189?. for the whole or any part of the fol
lowing loans to the City o f Providence:
Sewer Loan: Two hundred thousand dollars
(§40 0 ,0 00 1 on bonds of said city. .
The above series of bonds will be dated April 1»
1898, will become due April 1, 1628, and will bear
Interest at the rate of TH REE AND ONE-HALF
( aHO PER CENTUM PE R ANNUM, payable semi
annually, in April and October. Both principal and
Interest will he payable in gold coin o f the United
States, equal to present value o f fineness and
weight. Either coupon or registered bonds, as de
sired, will he Issued, and coupon bonds may at any
time thereafter be converted into registered bonds
The principal and interest o f coupon bonds will bo
payable at the Treasury in Providence or at the
National City Bank of New York. Certificates of
sale will be given at day o f sale, and bonds delivered
about August, 1 ,1868.
Proposals should state whether bid is either for the
whole or any less portion of said loan, or for both*
and should be accompanied with a certified cheek
payable to the order o f the City Treasurer, for two*
per cent of the total amount of the bid. Further in
formal ion can be obtained of the undersigned. The
right la reserved to reject any and all bids.
D. L. 1). GRANGER, City Treasurer.
Pf''t>o*ai* mti*t
drily try of bo
and must bo accompanied bv a
««r< Ified t*nnk c
k for one per cent of t he amount
of b an bid for., made payable to the d tv of Spring'
field.
All prupOMil will be opened In the Mayor’s
om* Friday , dr v*.r, xhos, at twelve o'clock* noon,
by the flttanee <
who renerve theriulit
t 0 r r ie r t ttnv mid a ll hid*,
fflrtJfied eb«*e
ek* of unsuccessful hid dors will be re•urnosj imniMii U'ly. while the check of the successful bidder will * reiainrd and applied a* part pnymerit for the In u awarded.
Addrwn |*r<'i —ais to the undersigned indorsed
“ Prot*«r*a]* for 'oroiancnt Ixians. ’
ELI PH A LEr T. TIFFT.
a t ? Treftiii er. sprlneOold, Moss,
W A R R A N T S .
Catefniiy teiecied. Higb-irrode State. County*City
-'-6 ' ' ! lo i*«,muturitur lu Olo 34 month#
and i srnlntr 6 U* 8 per cent our specially.
ftOBT, E. HTRAIIORN A: CO..
F.Q olisbl# H nlldln#,
Itm fa n . ifinM
U N ITE D
3%
B O U G H T
STATES
Bonds
A N D
SO L D .
R. L. DAY Sc CO.,
4 0 W a t e r S t r e e t , B ou ton .
1 B ro a d S t r e e t , N ew Y o r k ,
J u l y 16, 1398.J
THE CHRONICLE.
141
bonds to finish the building of a dam and for electric-light bonds of this city, awarded, as stated in the C h r o n i c l e July
2, 1898, to The Lamprecht Bros. Co., Cleveland, at 104-75 :
purposes.
Bros. Co.,Cleve.. $35,615 00 W. J. Hayes & Sons. Cleve. ...$35,275 00
Summit. Miss.—Bond Sale.—Oa July 5, 1898, the $15,000 Lamprecht
Seasongood & Mayer, Cincin. 35,557 97 Bribes, Smith & Co., Cincin.. 35,101 50
water works bonds were awarded to S. A. Kean. Chicago, Mason, Lewis & Co.. Chicago. 35,542 17 Warren Sav. Bk., W arren.... 35,000 00
Rudolph Kleybolte & Co.,Cin. 35,509 97 Western Reserve Nat. Bank,
at 10 L'937. Bonds mature as follows: $700 in five years, Denison,
Prior & Co., C leve.. 35,427 85
Warren................................. 34,241 18
$700 in six years, $800 in seven years, $800 in eight years and
Securities are in denomination of $500, dated July 1, 1898.
$1,000 yearly thereafter. For full description of bonds see Interest
pavable January 1 and July 1 at the City Treasur
Chronicle July 2, 1898, p. 43.
er’s office. Bonds mature as follows : $12,000 street-improve
Tarry to wn. N. T.—Correction.—In the Chronicle last | ment
bonds, sixth series, on July 1: $2,500 in 1905, $4,500 in
week we stated that the town recently negotiated a loan of 1906 and
$5,000 in 1907; $5,500 High Street special assess
$20,500. The item referred to the town of Mount Pleasant.
bonds on July 1: $1,000 in 1900, $1,500 in 1901, $1,000 in
Tiffin, Ohio. Bond Offering.—Proposals will be received j ment
1902, $1,000 in 1903 and $1,000 in 1904; $16,500 North Park
until 12 m„ August 8. 1898, by J. B. Ehrenfried, City Clerk, | Avenue
special assessment bonds July 1: $1,000 in 1899, $3,000
for $10,000 6% Fire Department building bonds. Securities J in
$3,500 in 1901, $3,500 in 1902, $3,500 in 1903 and $2,000
are issued pursuant with Section 1693, Revised Statutes of in 1900,
1904.
Ohio, and authorized by ordinance passed July 5. 1898. They
arren, Pa.—Bonds Voted.—At the election held on July
are in denomination of $1,000, dated August 8, 1898. Interest 12,W1898,
issuance of $50,000 water-works bonds was
will be payable semi-annually at the office of the City Treas authorizedthe
of 412 to 44. The details of the issue
urer, and the principal will mature one bond yearly on Sep have not yetbybea vote
n determined upon.
tember 1 from 1900 to 1909, inclusive. A certified check for
Waycross. Oa. - Bonds Defeated. —At the election held July
$500, payable to the City Clerk, must accompany proposals.
1*98, the proposition to issue $50,000 sewer bonds was de
Travis County, Texas.—Bonds Registered.—The State 9,
feated. We are advised th at the question will be again sub
Comptroller on July 8, 1898, registered $40,000 refunding mitted
to the tax payers early next year.
bridge bonds.
Wayland, Mich.—Bonds Defeated.—The proposition to
Wade (Township), Jasp er County, 111.—Bond Sale.—The issue
$8,000 water bonds was defeated at the election held
$23,500 4J^(? refunding bonds of this township, recently reg- |
7, 1898.
istered, have been awarded to Trowbridge, MacDonald & July
Winnebago
Minn.—Bond Sile.—The $10,COO 5% 20River Co. of Chicago at par. Securities are in denorair ation vear refunding City,
bonds have been sold to N. W. Harris & Co,,
of $500. Interest payable annually at the Chase National | Chicago.
Bank, Kew York City. Bonds m ature $1,000 July 1, 1S99,
Wjaconda School D istrict, Clark County, Mo.—Bonds
and $1,500 each year thereafter.
Registered —On July 7, 1-9S, the State Auditor registered
Waldo School D istrict. Marion County, Ohio.—Boud six
$100 6i bonds issued June 1, 1898 for building purposes.
Sale.—On July 9, 1898, the $3,500 H bonds were awarded to
A. C. Edmonson, Cashier Fahey Banking Co. of Marion at
106'07. Following are the bids:
S T A T E
A N D C IT Y
D E B T
C H A M G E S .
A. C. Edmonson, Marion....... $2,851 75 I W. J. Hayes A S^ns. C leve.. . .$2,«47 00
Alleghany County, Ya.—J. J. Hobbs, Clerk. Covington is
Lamprecht Bros. Co., C leve... 2,704 50 JOhio Nat. Bank, Columbus ... 2,510 00
the county seat.
Bonds mature $500 on September 1 of the years 1900, 1902,
LO AN S—
W hen Due. I A sse sse d v a lu a t io n ’9 7 .$ 3 ,6 3 8 ,5 2 4
R kfundiso Bonds—
I S ta te an d C ou n tv t a x (per
1905, 1907 and 1909. For further description of bonds see
58.
J
a
a
..
$
2
0
.0
0
0
..............1
8 9 9 -1 9 0 8 1 $ 1 ,0 0 0 ) 1 8 9 7 ....................$ 1 0 - 5 0
Chronicle June 25, 1898, p 1249.
(*2 ,0 0 0 y e a r ly on J u n e 1.)
| S c h o o l t a x (per $ 1 ,0 0 0 ) '9 7 . 2-0 0
W arren, O hio—Bond S de.—Following are the bids re In te r est p a y a b le b y C o u n ty T reas. I P o p u la tio n in 1 8 9 0 w as. . . . 9 ,2 8 3
ceived June 23, 1893, for the $34,<>00 5£ street-improvement B onded debt J u n e 1 ,'9 8 ...$ 2 0 ,0 0 0 I P o p u la tio n in 189.8 (est.) ...1 2 ,5 0 0
___ N E W
L O ANS,
BONDS.
R u d o l p h K l e y b o l t e & C o ,,
35 Nassau Street, New York.
Telephone, “ Cortlandt 4312."
IN V E S T M E N T S .
IN V ESTM EN TS
Clearfield & Mahoning RR. 1st 6s. 1943.
P U B L IC S E C U R H IE S
Staten Island Ily. 1st 4}£s. 1943.
SUITABLE FOR
Ileretord By. 1st 4s. 1930.
D etroit Railway 1st 5s, 1924.
SAVINGS BANK AND TR U ST
Denver, Col., 6s, 1915.
FUNDS.
Topeka, Kan., 5s, 1912.
LISTS MAILED ON APPLICATION.
Berkley, Va„ 6s, 1928.
Douglas Co., Ga.. 0 s , 1918-1918.
Farson, . Leach & Co.
Slate of 31Innerota......................... ..4*
Braddock, P a................................... 4*9*
Coraopoli*, P a ................................. 4l2«
CHICAGO.
NEW YORK
Newport Newi, Va..........................
PRICES ON APPLICATION.
100 Dearborn St.
35 Nassau St.
Clark County, Ky......................... 4«
Clarion. Im t.......................................... 4Xom
Tlt-mphU, T enn................................ fin C. H. W H I T E & CO., ADAMS & COMPANY,
Sevier County, T enn.....................
5*
BANKERS,
Sheridan, Indiana............................ 6*
BANKERS/
Auburn. TIalne..........................
J* 31 N A S S A U S T ., N E * YORK.
DEALERS IN
Bexar County, Texas....................... 5 *
Akron, Ohio...................................... 5 *
Bradford, Pa ................................... 4m Whann & Schlesinger, I N V E S T M E N T B O N D S ,
Tampa. Fla. (Gold)......................... 6*
BAN KERS,
Members of Boston Stock Exchange.
Carroll County, Ky........................ On
Pendleton County. Ky.................... r>n
71 BROADWAY, • NEW YORK,
No. 7 Congress and 31 State Streets,
Greenville, tjimm ............................... G*
OFFER FOR S A L E :
Gallia County; Ohio..................
5*
B O S T O N
Cleveland, Ohio, School ................ 41^* $10,000 New York City, exempt__3%
Shelby County, T enn....................... is 100.000 City of Fall River, JTIas»...4%
Bowlins: Green, Ohio....................... 5m 140.000 City of Cleveland, Ohio....4°6
Dalton. Georgia.............................
80,000 City of Milwaukee, Wl*_5",>
HIGH-GRADE
100.000 Queen* County, N. Y......... 4%
Telegraph at our expense or write for full
particulars.
Cincinnati. Ohio, Office, T hird Street,
_________ Corner W alnut.
Cou n t y — C i t y — School
M ASON, LEWIS & CO .,
BAN KERS.
BONDS
<>7 .11 ilk S tr e e t, B oston ,
1 7 1 h a S a l ic S t r e e t , C h ic a g o ,
BOUGHT AND SOLD.
OFFER FOR SALE :
$17 5 , 0 0 0
L o s A n g e l e s T i a c t i o n C o,
!■* W ortfije Hi 20-year Gold Bonds.
Total issue $250,000.
First Mortgage at $14,000 per mjle.
Net earnings for 28 months of operation. $89.9*3 M
equivalent to 12% on the total Issue o f bonds.
Population of Los Angeles 103.079.
Send for full description of property.
S t a t e o f .llasH ach 11s e t t s .......................
E a s tc h e s te r , N, Y ................................
G la s to n b u r y , C o n n ............................
S to w e , V t ...................................................
R en o C o u n ty , K a n s a s ..........................
h a k e C o u n ty . I m i................................
.314n
35 Earn Third Street, - Cincinnati, Ohio.
3h
T row bridge,
M a c D onald
And Other Desirable Securities.
W illia m E . N ic h o ls ,
15 W A L L STR EET,
-
BRIGGS, SMITH <
&CO.
.4*
4h
4m
& N iver C o .
NEW YO R K
E. H. ROLLINS & SO NS,
MUNICIPAL W ARRANTS.
19 3111k Street, Boston, f>Iass.
8END FOB LISTS
M U N IC IP A L
B O N D S ,
1st Nat. Dank Bldg., • • CHICAGO
|Vol. LXVII.
IHK CHRONICLE.
142
R ni.ilwt .leb t May 1. *98 81 <5,000
i aluat.lon .re.il 5 ,0 0 0 ,0 0 0
vulu atl.iu, per*l *.'(>9 .0 0 0
I'.,titl v a lu a tio n 1997
.'.oOO.OOO
\ , hr. ,u , . ‘Tt! ab ou t Hi iietu al vujue*
fa
x
ra
le
(p
r
r
.1
,0
0
0
)
189
i .. 812*00
S lfW Ittt, Hr H o o t. A 4 M i «CI}JDv-’
- • * * .* • • ’
■*. ,
HUS Pop lotto" In 1 -9 0 wa* . . . <M 49
inu l.jr. t n . cat. Apt 1. it'llP op u lation lu 189b «-—t-.)- 1 . 1,000
IN T E R E S T !• I
■' * at !!.*• ' !.v TreaMirei-V .Illloe: "Q ' 1|1' ^ , 4®*'
OOJ iM.ndb H * .. . .. I : i v . . i a t The H;uiU o f N eff ^ «>»'){. X. B ; A ., am i on
the 6i0,Ot»d IhhiaU at th e F irst XuHomil B m k of N ew p ort N ew s.
LOANSW'Arn
AftfMiho^ C<», Srh al HI strict No, 2 t.C o l.- P if* Pitocbko*
Oot’IlT HOtfVjE I1«V U »S p m ^ ry . T6i* diiitfist U kKOitfi) ai Vi IIh Pafk*
fi*. M A S. OiV.<XX».,,.^ . .
F lft*
i C omm *-—
is #"iT.CfciMJV
V
*'.**"vv.
re itl 075.\ 4« ;:iM&wwt %*$. *|vt*i.wm . fU'cm iu* j a j . aio ooo . ......... , MHifi
r*l
mjx** TmIaI lit 1,wr t*IJ&OO**07• ■ $» 7?
«*«>**MMii « (ftl'iM.#I into, <*«*
"AIV
tad*»l**i*tkm1#&?-. 1, Jl 4CM05.’MiO
t\>puUtU»U It* 1 4 9 *
. m ^ v OO
C«tUm{)$u» t o M. f , — U H I « Y a lt a ? i s t h e © o a a ty w i t
wa*-*
i
fO*iUon 'tt“ AIH|W0,I54
LQ*
, . , . . . , i« a » | t\ijM iUUou Itt ItfiH* wo*
*% #£>
*UM
&t»35d
t M aj » .
rfeiortorol tifhool H U trld ,
H Bower#, Troao
mrf. Tbi* tt*»trfck. iin itw borough of tin* aouio
m m # i n W * * tH si* tcm C flo n ijr .
a Am |>*wl T o |« | 4*01 A or. 1 2 ,1 8 0 9
LOjyaftte
•
*^ M M L S e -p * .1# 1813 ' Osfrh otj b a il'). ....... .
#t0,«O 4
2,8 7 4
X ol debt Apr, 10. t H0*»..
2 0 ,7 3 0
I8*X lPO» f~J t*CM» jrrJirly, 1 9 1 0 Equal!***! v a lu a tio n *07.7,100.384
150*1 in itia tio n cent-.i
i 1 0 ,3 9 4
19 1 2 . * * d I3.WMMH l » l l l
...
17
B o a 4 w 4#he %pr. l * . 'a s # 3 0 ,3 9 0 ! P op ulation la 1 8 0 0 wan
Vt^tiac
3.t*l i P o p u la tio n n> IH08 < c * t -5,500
Ifl.O O O 4a l* 9 i» ;
4 1 ,5 0 0
fttk fi
,
Franklin Cocniti. Ohto.- W H . H fU ir tn y A u d it o r ! O s
•t«a B. D. Bamm, f r - w a r c ', C o u n t y » m t in C o lt u n b u s
LOANS *
»**«• Unm*, | O t n r ’ T A fm iiK ir
I a*, . , . . , , 0 1 3 . 0 0 0 . , , . , ............. .
mrte*« A B tiM t Bow—283,000*................. .
* V . ........S* 10 ,0 0 0
. . tl*.
-kJ*",
»a«o»
...... . ins*.ions | T o ta l <1*14 Apr. *25, ‘OH 9 7 0 0 ,0 0 0
tK.CNFOl»r«. 1, '-*’ •*', aoi! ^a.ooo ?T a x v a lu a tio n . I $97* . .0 3 ,7 6 0 ,1 3 0
I A ‘ w * in p u t llM iqt ** AOUUil * altlft.
n u b .)
ft*. MA X , a UO.OOl* 1 Hint l o 1018 1 C opulation lit t h‘.h » w a n ,...1 2 4 ,0 8 “
I PojHllatlcm111 1 8 8 0 was.... 8 0 .7 0 7
tr * r ij cm M ay l )
H«n4«r*on, Kt.—JobnC Thomason, C l*T k . This city w the
county wK%i of ileodcmos County,
LO AN S ’ -
trk«* D u r, i T o ta l v a lu a tio n 1 « * 8 . . . SV2Q 1.289
I t* .\; , ~
; A ,. ■,in ru ! .lit . s .r a ctu al va lu e
H i . , . , . , . . . 1 0 2 7 I P o p u la tio n In 1 * 9 0 wo* . . . 8.835
iSatiJeo, to
r 1913 ,
i P o p lb t l o a In 1 8 9 8 l o t . ) , .. 1 5 ,0 0 0
B e m in i drl.t M ay 1.1 *»8 fCtil9,000 |
Hr 11
1 *. X a v, *.
O r t o n v i l l r , M ittfi. '.‘h t v H K ir t h . R e c o r d e r .— T h is c i t y
i* t h e c o o n t y b n t o f B t^ fc o n e C o n u t y .
LOANS "
i*■/.-•*, t h, f . : A--; svt,il v n lu u ilon , real $ 1 7 3 ,4 0 5
C ir t H u t .a m i I mi . IP .M-*,•**.i.sh<iCj vulunt.imi, per l A J.328
?,
. v 7 <,hi
. . . T oial vu liia tio u 16 6 7 .
. 2 £ 4 ,# 3 3
7 ,>r ......... r.tMM
..
..
AKKMKAtuQVi uiu»ut 40% sictu a i vaL
*•,*................ 101.H I p op u lu tloa In 1898 (e s t.)-------l.oOO
#.i n I itii ,
r e i n s k o y , M ic h . G e o , W M c C a b e , C le r k . T h is c i t y i s in
E ru m et C o u n ty .
L O A N SiFAf'i Ih tr. '
LO ANSW h e n D u e.
W hTir 1( Iio Vp - *11 IM.i Ml.XT UOXDS—
fm, Met.. ^K.-.oih) ....... Oct. 1, 191:2 f <?*, Apr.. $ 2 ,0 0 0 . ... .. A u r . 9 , 1 9 0 2
lO ptl.u.al ;m .o - 1■t . \ . 1902.}
i B onded d eb t M ay 1 , 1 8 9 « ..# 6 g ,0 0 0
r»N. J into. $ I 2 .'U>1»
Jun e I, 1914 SllilU n* fund ....... ................ , 3 ,0 5 6
«<*!•• •
i * Ju n e i. r.M.iVi.N d (Jcht May 1 .1 8 9 8 ........
4 h, M ur . « l ii, «.»<><»
M ir. I. 1928 ' Wat r d id it Ihic-lmled). . 4 3 .0 0 0
< O p t i ! an<-r Mar. 1. 1918.)
A -erased v alu atl u 1 8 9 / - . / 6 9 , 7 1 0
A s scssm en t ab ou t Lt a c tu a l v a lu e ,
Bono?
5 n, Ju n e, $ 8 ,0 0 0 ....... Ju n e l , 1911 T ax rate (per $ 1 .MOO) 1 8 9 7 .$ 4 0 80
P op u lation iu 1890 w as — ..2 ,8 7 2
(OpUuuuJ after J u n e 1, 1904.)
P op u lation in 1897 (e s t.)— 5 ,0 0 0
BmtHJIi BoSlJV —
5», J u n e , $ 9 ,0 0 0 ......... Ju n e 1, 1916
{O ptional after J u n e 1, 1 9 l l . )
R i c h m o n d , M i d i . -F. W. Burke, Clerk. This village is in
Macomb Ooatity.
LOANS—
When Due. B onded d eb t M ay 20. ,9 8 ..$ 2 8 ,0 0 0
A sse sse d v alu ation 1 897- 1 1 1 .0 0 0
EuccTRic LpiiiT Bonds—
T ax rate (per $1,000) 1897 $(« 0 0
P op u lation 1898 <68t.)........... 1 ,2 0 0
P op u la tio n 1^90 w a s ............. 1 ,0 7 4
Knoxville School Ilintrlct, loira.—T. (I. t.il«on. Secre
tary. This iliatrict i. In Morion County.
5 k, ........... $ 9 ,0 0 0 .1 9 1 1 to 1910
$ 1 ,0 0 0 due y e a r ly o n M a y 1.)
Bo»4«A <trl>i A PI. 1. 98
C a . o r . t a n - l . ...........
y.-'t ,1..'..■! Apr. 1. J8 A wmsvw i v alviall,.n 19 3 8
I A m f t i t abou t H a c tu a l valu e.
| sch o o l ta x (per $1.000,1------$20*00
! f'lty u » ip»r $ 1 ,0 0 0 . ....... - 18*00
i P o p u la tlo u hi 1899 w a*.........3 ,5 0 0
Santa Ana. Cal.—Edward Ted ford, Clerk, This city is the
cou itv n,*at of Orange County.
Xetrp.irl Xew >. Va. - J. A Mtwsie. Clerk. Tbi* city is in
Warwick County. 1h** statement below tnclnlea ?U -.000
bonds sa stie.l bat not sold.
Bwn*l«*.l a..l.t M m
+ 39,000 I T ux r a te (pprfl.OOO) 1 8 9 7 .* 2 6 * 0 0
\ 11 fii: w ater w orks.)
! P>i|iuluM»u iu ItluO w as -----3 ,6 2 8
A ' s c . i . . l vHluatlmi ’97 .72.’.'51. 0 * : P op u lation In 1893 (e st.l . . . 5 , 3 0 0
A sse ssm e n t a b o u t “a a c tu a l va lu e. I
SIT.OOO
...U'Vi
"I.oot'l
7 1 0 ,0 0 0
INVESTMENTS.
INVESTMENTS.
L O A N S N E G O T IA T E D
SI 0 0 . 0 0 0
4 4 ’ SCHOOL BONDS,
|>»<* March S. IP18,
And <&)i«r Ifich'flmde BwtalUw*
EDWARD C. JONES CO
•
7 A N D 8<f
1 XABSAD m*«KKT.
P(ULAI>m.r]IIA. - 421 CHESTNUT ST.
W. Hampton Wade,
ATTORNEY-AT-LAW,
H A V A M A H , G E O R G IA .
Nine ycMtr** omottoe In Alitbanift.
Hlx rear* In (3<»ortf)a.
CorperolloH Lnvr a Hpcclnliy.
Government and
Municipal Bonds Francis R alston W e ls h ,
BOUGHT AND SOLD.
APPHAIHRMKXT* MAO* Oft QUOTATION!-
ruaxiNHED roa tub PUitcaA**. bale, oi
EXCHANGE OF ABOVE SBCUEITIBS.
LtlNTH ON APPLICATION.
IN V E S T M E N T S .
Municipal, Railroad and other
BONDS.
N. W. HARRIS & CO.,
BANKER* ,
« 8 CHKSTNOT BT11BET PH ILADELPH IA,
31 NAhhai; hT, (flitakef Pemmero* Rlitf.)
M .
A.
D c v itt
&
C o .,
MUNICIPAL BONDS.
FIr*t KMIontl Bunk lintldlrig.
CHICAGO.
M U N IC IP A L
B lodget, M e r r it t & C o .,
BA N K ERS,
16 C ongress Street, Boston.
S T A T E , C IT Y & R A I L R O A D
GOOD
BONDS.
BONDS
INVESTMENTS
N E T T IN G 5 T O N P E R C E N T .
K r r n r l t l r * N e t t i n g fr o m $14 l o Ojf
W ash in g to n W a r ra n t# , Honda and S e c o r l
(tea o f n il k in d a B ou gh t and Hold.
*i.w*r» on HAND.
CALVIN PHILIPS,
O ffB ttf.
ttft OUT
S0T-9-# CALIFORNIA BUILDING.
DUKE W. FARSON, Banker,
k sv i^ .s^ B
:*
TACOMA,
-
WASHINGTON.
1> 4 O rn rb a rn H irer*
C’HK’AfJO.
MUNICIPAL BONDS.
E. C. S tanwood
A
C o.
BAnKKKa,
121 D e v o n s h ir e S t r e e t ,
B 08T 0N .
MISCELLANEOUS
T h e A u d it C o m p a n y
o n G e o r g ia a n d A l a b a m a R e a l E s t a t e .
C I T Y O F B A Y O N N E , N . J .,
Sfltw YORK.
W aTKIE B O M lh ....... .......... $ 1 9 ,0 0 0 ................... ...........
W . J. H ayes & Sons,
OF NEW Y O R K ,
E q u ita b le B u ild in g , 1 2 0 B r o a d w a y .
Vice-President.
Acting President.
AUGUST BELMONT,
WILLIAM A. NASH.
Manager.
Chief Consultlnp Auditor *
THOMAS L. G KEENE
STEPHEN LITTLE.
Consulting Engineers,
w . is. p a r s o n s .
f , s . Pe a r s o n .
Chief of Corps of Eng’rs. Secretjirj' and Treasurer,.
HEN BY IS. SEAM AN.
EDWARD T. PERINE.
DIRECTORS:
A u gust Belm ont,
A. J . C assatt,
M ureellus H a r tle y ,.
J am es Stillm an ,
d ia r ie s R. F lin t,
W illiam A. N oah,
G eorge C oppell,
J osep h 8. A uerbach,
G. B. M. H arvey,
G eorge G. H a v e n ,
,1 okn I. W a terb n rjv
G eorge W. Y oung.
A D V ISO R Y COMMITTEE
of Stock h o ld e r s :
W, B ayard C utting,
T. Jefferson C o g lid g e ji
W alter G. O akm an,
C harles S. Fairoliild,
A. D. Ju llllard ,
G u sta v E . K issel,
H enry W, Poor,
I sa a c N , S ellg m a n ,
L ouis F itzgerald ,
R obert M aelay.
T he A u d it C om pany e x a m in e s and r ep o rtsu p on th e aooounta an d fin a n c ia l con d itio n o f
corp orations, c op artn ersh ip s a n d in d iv id u a ls,
and e xam in es and rep orts up on th e p h y sic a l
oon d itlon o f railroad, m a n u fa c tu r in g and
oth er p roperties.
Its ser v ic e s are o f v a lu e to In v esto rs, fln a n clal in s titu tio n s, b orrow ers of m o n ey , director©
o f corporations, m erch an ts, firm s and p u r
ch a sers o f p rop erties.
Frederic P. Oloott,
F«r« W o r th . llo iiH io n . D u lln s . G mIvgb Iot
t h y n«ut W lin r l H oihIn i k I»o o ld ikniii' n o
tin- • n m 'lp r u iiin tcip u • t ie s of th e a b o v e S taleKOIJTHERN A WESTERN SECURITIES A
SPECIALTY
ROSKNBEUGER it LIVERMORE,
NUM BER
KOH TV
W ALL
H T „ N. V .
BANKERS,
M a x B. B org, B O N D S
DEALERS IN M UNICIPAL BOND8,
HRORKR IN INVKSTMJR!N*p SECURITIES
4 0 E X C H A N OK P E A C E . N EW Y O R K
4tr*el Railway Bonds.and other blffh-gTade 1drestaieaic.
BOSTON* M.A8 8 ,,
C le v e la n d , O hio,
1*xchAu*'«Plaog.
311-313 Hoigorlor Nt.
OaWs AdArw. "KENXKTIJ.”
J. P. W
lntrlngbam. 30 Pine K
t.. N. 1
(.ABLE A
“ ATLANT1CBCK1P.”
?<*n<l lift jrour order* ft.r I, iCAb BHOUKITIE
el'-her nt PHI VATIC dAI.B OH AUOTIO
THE CHRONICLE.
JCLY 16
LO AN S—
W hen D ue.
F u n d in g B o n d s —
5s, J A J , $ 1 2 5 ,0 0 0 ........J u ly 1 ,1 9 .1 7
Subject to c a ll a fte r J u ly 1 ,1 9 0 7
In te r est payab le a t C ounty T reas’y.
B on d ed debt A pr. 1 ,1 8 9 8 .$ 1 2 5 ,0 0 0
S in k in g fu n d ......................... 2 7 ,9 0 9
St. Cloud. Minn.—James A. Martin. Clerk. This city is
located in Benton Stearns and Sherburne Counties.
W hen D ue. I R ig h t o f W ay B o n d s LO A N S| 6 s, J u ly . $ 1 5 ,0 0 0 .................
B riijg e B o n d s —
.....................
| B o n d ed d eb t J a n . 1, ’0 8 . $ 2 2 0 ,0 0 0
5 s. J& J, $ 8 0 .0 0 0 ............
A sse sse d v a lu a tio n ’97 2 .0 4 1 ,3 6 6
F u n d in g B o ^d s —
JA'.T $ 10 0 0 0
......................... I A ss e ss m e n t abt. 40% a c tu a l v a lu e.
’ —
* 15.000.
I T a x r a te (per $ 1 ,0 0 0 ) 1 8 9 8 .$ 3 3 00
5s.
FA A.
P o p u la tio n in 1 8 9 0 w a s . . . 7 ,6 * 6
Wa te r P o w e r B o n d s P o p u la tio n in 1 8 9 8 (e st.).. .1 0 ,0 0 0
68, A&O, $ 1 0 0 ,0 0 0
FR E E O F T A X .—B o n d s o f tliis c ity are t a x e x em p t.
St. Cloud School D istrict. Minn.—Geo. W. Stewart. Clerk
of School Board. This district, eo-extensive w ith the city of
the same name, is in the counties of Stearns, Benton and
Sberburue.
L O A N S—
W h en D u e . I A sse sse d v a lu a tio n ’9 7 $ 2 ,8 4 6 ,2 8 3
4 s, MAN. $ 2 5 ,0 0 0 ___1 9 0 9 to 1 9 1 8 | T a x ra te (per $ 1 ,0 0 0 ) ’9 8 .. .$ 3 3 0 0
($2,500 y e t " ' ' on M a y 1.)
I P o p u la tio n in 1 8 9 8 (e s t.)...1 0 ,0 0 0
B on d ed d eb t M ay 1, 1 * 9 * $ 3 9 ,0 0 0 | P o p u la tio n in 1 8 9 5 w a s ---- 9 .1 7 8
Sierra County, Cal.—W. J. Redding, Treasurer.
seat i s D o w n i e v i l l e .
W h e n D u e.
LO A N SFi’ u
n d e d D eb t B o n d s UNDED
78, MAN. $ 1 0 ,8 0 0 ..............
1903
T otal debt Jan. 1 , 1 8 9 8 .. $ 1 0 ,8 0 0
B q u al.valu atio n , r e a l---- 1 ,0 1 7 ,6 2 5
E qual, v a lu a tio n , p ers’l . . 1 7 5 ,9 1 6
County
E q u a l, v a lu a tio n , ra ilr’ds $ 4 4 ,611
T o ta l v a lu a tio n 1 8 9 7 . ..$ 1 ,2 3 8 ,1 5 2
s t a t e A Co. ta x (per $1,0 0 0 )$ 3 2 * 0 0
P o p u la tio n in 1 8 9 0 w a s ..........5,051
P o p u la tio n in 1 8 8 0 w a s ..........6,623
P o p u la tio n in 1 8 9 6 ( e s t .) .-7 .5 ,5 0 0
Sioux Falls, S. Dak.—A. H. Stites, Mayor; T. G. Brown,
Auditor. Sioux Falls is situated in Minnehaha County.
L O A N S—
W h e n D ue. N e t d eb t A pr. 1 . 1 8 9 8 .. . $ 3 2 1 ,0 0 0
T a x v a lu a tio n , r e a l..........2 ,2 4 6 ,8 3 5
B r id g e B o n d s —
Ts, N ov., $ 1 2 ,0 0 0 ........ N ov. 1. 1 9 0 3 T a x v a lu a tio n , p e r so n a l. 6 3 3 ,9 7 5
8 6 ,6 3 0
6s. J u ly,
8 ,0 0 0 ........J u ly 1. 1906 T a x v a lu a tio n , ra ilro a d s.
T o ta l v a lu a tio n 1 8 9 6 ....... 2 ,9 6 7 ,4 40
F u n d in g B onds A
sse
ssm
e
n
t
abou
t
H
a
c
tu
a
l
v a lu e.
78, Ju ly, 3 5 ,0 0 0 ............ J u ly 2, 1903
7e, Jan ., 1 0 ,0 0 0 ............ Jan. 1, 1904 Tot. ta x ra te (p er$ l,0 0 0 )* 9 6 .$ 3 8 * 5 0
7e, A ug., 1 7 ,5 0 0 ............ A ug. 1, 1905 P o p u la tio n in 1895 w a s ........ 9 ,0 0 2
58. J A J ,1 7 8 ,5 0 0 ............ Jan. 1 ,1 9 1 0 P o p u la tio n in 1 8 9 0 w a s .........10 ,1 7 7
P o p u la tio n in 1 8 8 0 w a s ........ 2 ,1 6 4
R ailro ad A id B o n d s 78, M ch., 6 0 ,0 0 0 ... .Mar. 9, 1 9 0 7
Bonded d eb t A pr. 1. ’9 8 . $ 3 2 1 ,0 0 0
IN T E R E S T on 7 p e r cen t fu n d in g bon ds du e in 1 9 0 3 is p a y a b le at
the C ity Treasurer's office; on th e 5 per c e n t fu n d in g bonds at Seaboard
N ation al B ank, N ew York, and on all oth er bonds a t the C hem ical
N ation al B ank. N ew York.
Waco, T exas.-C . C. McCulloch, Mayor; R. W. Jablonow8ki, City Secretary. This city is in McLennan County.
LO AN S—
W h e n D ue.
LOANS—
W hen D u e -
W ashington Comity, Md.—M. F. Smith, Cleik.
town is the county seat.
M IS C E L L A N E O U S .
® ru st
NEW Y O R K :
10 0 B R O A D W A Y .
(E o m p a n g ,
LO N D O N !
95 GR ESH A M ST.
Capital paid up___$1,000,000
S u r p l u s ........................
$ 2 0 0 ,0 0 0
Transacts a general trust business.
Allows liberal rates of interest on deposits and
trust funds.
Issues Letters of Credit and Travelers* Circular
Notes payable In dollars or In the money of any
foreign country.
Acts as Trustee under mortgages
for railway and other companies, and
as Agent for the Registration of the
stock, and for the transfer of the
shares of incorporated companies.
Undertakes the examination of properties offered
as security for bond Issues, and the obtaining of
expert Information concerning the actual facts and
prospects of reorganization proposals.
Qualified and empowered to act as executor,
administrator, trustee guardian, and assignee, and
as receiver and custodian of funds under orders of
Court.
The
M IS C E L L A N E O U S .
1898.
U n ite d States L ife
\m e ric a n
E s t a b lis h e d 1 8 4 1 .
In su ran ce C o.
IN T H E C I T Y O F N E W Y O R K .
A l l P o lic ie s n ow issu e d by th is C om pany
c o n ta in th e fo llo w in g c la u s e s :
“ A f t e r one y e a r from th e d a te of Issu e , the
lia b ilit y of th e C o m pan y u n d e r t h is p olicy
s h a ll not be disputed.**
“ T h is p o lic y c o n ta in s no r e s tr ic tio n w h a t
e v e r upon *he In su red , In re sp e c t e it h e r of
t r a v e l, re sid e n c e o r o ccu p a tion .*’
A ll D e a th C la im s p a id W I T H O U T D I S
C O U N T n« soon a s s a tis fa c t o r y p ro o fs h a v e
been r e c e iv e d .
A c tiv e a n d S u c c e ssfu l A g e n ts , xoishing to r e p r e
se n t th is Company, m a y c o m m u n ic a te w ith
R I C H A R D E. C O C H R A N , 3 d V ice-P resid en t,
a t the H o m e Office, 2 01 B ro a d w a y , N ew Y o r k .
R o b e rt R . L o c k e tt,
A U S T IN , T E X A S ,
T h e o d o re L e o n a rd ,
8
W M . F R A N K L IN H A L L ,
Accountant,
33 s t a t f a fre e ting’.
BOSTON, MASS.
Books audited. Examinations and investiga
tions conducted with the utmost care
and efficiency.
E x p re ss C o.
C a p i t a l , 818,000,000.
65 BROADWAY.
Issues TRAVELERS CHEQUES immeiately available as funds everywhere.
Draws FOREIGN DRAFTS in Sterling,
Vanes, Marks, and M on ey O rders,
n all parts of the Commercial World.
Makes CABLE TRANSFERS of monet
o England and the Continent.
These facilities are obtainable at all
f \ f t Vtn f o r
ofnexus:)
G E O R G E H . B I T R F O R D ................ P r e s id e n t
GEO. G. W ILLIAM S........................... Vice-President
C. P. FRA LE IG H .......................... 2d Vice President
RICHARD E. COCHRAN............. 3d Vice President
A. W H EELW RIGH T................................... Secretary
J L. KEN W AY .......................... Assistant Secretary
WILLIAM T. ST AN DEN.............................. Actuary
ARTHUR C. PE R R Y .......................................Cashier
JOHN P. MUNN................... ...........Medical Director
FINANCE COMMITTEE :
GEO. G. W ILLIAM S............. Pres. Cbem. Nat. Bank
JOHN J. TU CKER........................................... Builder
E. H. PERKINS, JR...Pres. Imp. & Traders’ Nat. B k.
JAMES R. PLUM.............................................Leather
A T T O R N E Y -A T -L A W .
O F F IC E R S :
W . E . T R E N I I O L .1 I ......................... P r e s id e n t
Does a general practice In all the higher courts of
Texas, and before the different departments of the
SAM U EL. M . J A R V I S ,
State Government. Bond, Insurance and Corpor
R O L A N D R . C O N K L IN . i ’ lce -F ro e id e n ts ation
litigation. Charters and corporate permits»»JA M E S DUANE L IV IN G S T O N .. .TruBt Officer cured. County and municipal bonds examined. •
regular bond Issues adjusted. Law correspondents
S . L . C O N K L I N .................................S e c r e t a r y
F . C . P R K S T ....................................... A s s is t a n t S e in
c r eevery
tsolicited.
a r y city and town in Texas. Trivial business
8. R . I I A R B E R T ...................................Lond on S enot
c re ta ry
E . J . C H A P P E L L ........... London T r e a s u r e r
DIRECTORS:
Hon. JOHN O. CARLISLE,
A T T O R N E Y -A T -L A W ,
Former Secretary of the Treasury of the U. S.
ROLAND R. CONKLIN.
Investments and Corporations.
Vice-President of the North American Trust Co.
Reference, First National Bank.
Hon. AD LAI E. 8TEVEN80N,
C O L U M B U S, O H IO .
Ex-Vice-President of the United States.
Wheeler Bldg
. L. CONKLIN.
Secretary of the North American Trust Company
C. W. DRAKE,
Treasurer of the Rio Grande Western R’way Co.
SAMUEL M. JA R V I 8 ,
Vice-President o f the North American Trust Co.
WAGER 8WAYNE,
Of Messrs. Swaye A Swayne. Counsellors-at-Law.
Hon. W. L. TRBNHOLM,
Former Comptroller of the Currency of U. 8.
Hagers
LO AN S—
W hen D ue I A sse sse d v a l’a t io n ’9 8 .$ 2 0 ,8 6 0 ,3 9 3
R e f u n d in g R a il r o a d Bo n d s — I A sse ssm e n t ab ou t 23 a c tu a l v a lu e .
4 s, J A J , $ 2 0 0 .0 0 0 ........J u ly 1. 1919 I S ta te , c o u n tv and sch ool ta x
4 L28, co u r t h o u se b on d s.. $66.<><>o | (per $ 1 ,0 0 0 ) 1 8 9 8 ................... $8*75
4 s , sch ool b ou se b o n d s . 1 9 ,0 0 0 P o p u la tio n in 18 9 0 w ^s . 3 9 ,7 8 2
4 s, in s a n e a s y lu m b on d s. 1 5 ,0 0 0 P o p u la tio n in 18:48 ( e s t .) ...4 1 ,0 0 0
B on d ed d e b t J u ly 1 ,1 8 9 8 .$ 3 0 0 ,0 0 0 I
T A X E X E M P T .— R e fu n d in g b on ds are e x em p t from c o u n ty an d
m u n ic ip a l ta x e s .
1850.
Nodi) A m erican
N e t d e b t A pr. 1 , 1 8 9 8 ..
$ 9 7 ,0 9 1
T a x v a lu a tio n 1 8 9 7 ... .2 6 ,7 3 7 ,1 2 0
A sse ssm e n t is
actu al valu e.
S ta te A Co. ta x (per M.) *97.$14*75P o p u la tio n in 1 8 9 0 w a s ........ 2 3 ,7 4 4
P o p u la tio n in 1 8 9 7 w a s ___5 2 ,7 0 0
C it y H all B o n d s S e w e r B onds — (Co n .)—
68, AAO. $ 3 5 ,5 0 0 ........Oct. 1 ,1 9 0 7 5 s, J A J , $ 3 3 ,0 0 0 ..........J u ly 1, 1921
O ptional a fte r O ct. 1 ,1 8 9 7 .
5s, J A J , 2 4 ,0 0 0 ......... J u ly 1 ,1 9 2 3
S t r e e t I m p r o v em e n t B o n d s —
F u nding B onds —
5s, JA J, $ 2 5 ,0 0 0 ..........J u ly 1 ,1 9 0 9 6s, J A J , $ 2 5 ,0 0 0 .........J a n .1 5 ,1 9 0 7
5s, JA J, 3 5 ,0 0 0 ........ J u ly 1, 1921
O ptional a fte r 10 years.
5 s. AAO, 1 4 ,0 0 0 ........ Oct. 1, 1923
6s, M AS. $ 2 0 .0 0 0 .........Sept. 1, 1 9 2 4
P u bl ic W o r k s B o n d s —
5s, AAO, 1 1 4 ,0 0 0 ..........Oct. 1 ,1 9 1 9
6s. MAS, $ 2 0 ,0 0 0 ........ Sept. 1, 1 9 2 4 5s, MAS, 7 8 ,0 0 0 ........ Sept. 1 ,1 9 2 0
S chool B o n d s —
5 s, J A J . 1 2 4 .0 0 0 ..........J u ly 1 ,1 9 2 1
5s. A&O, $ 1 5 ,0 0 0 ....O c t. 1 ,1 9 2 3 5 s. AAO, 5 9 .0 0 0 ......... Apr. 1, 1 9 2 4
W aco A N .W . R R .—
S e w e r B onds —
6s, JA J. $ 1 0 .0 0 0 ......... Jan . 1 5 ,1 9 0 7 6s, J A J , $ 4 1 ,0 0 0 ......... J u ly 1, 1 9 1 2
N ow su b ject to call.
G O L D .—A ll bon ds are p a y a b le i] gold.
IN T E R E S T on str e e t im p ro v em en t 6s du e in 1907 and on sew e r 6 s
is p ayab le a t W aco; on a ll o th er b o n d s a t N e w Y ork.
T O T A L B O N D E D D E B T on A p r il 16, 18 9 8 , w a s $ 6 5 8 ,5 0 0 ; flo a t i n g debt, $ 2 0 ,0 0 0 ; to ta l d eb t, $ 6 7 8 ,5 0 0 ; sin k in g fu n d a sse ts, $ 5 8 ,0 0 0 ;
n e t debt, $ 6 2 0 ,5 0 0 . T o ta l v a lu e o f p rop erty o w n e d b y c ity , in c lu d in g
p u b lic sch ools, $ 7 6 1 ,2 5 6 .
D E B T LI M IT A T IO N .—B on d ed d e b t is lim ite d b y C harter to 8 p e r
c e n t o f a s se ss e d v a lu a tio n .
T O T A L A S S E S S E D V A L U A T IO N in 1 8 9 7 w a s $ 1 0 ,9 0 0 ,1 2 0 , o f
w h ich $ 7 ,7 6 4 ,1 0 3 w a s fo r real e s ta te an d $3,136,01*2 for p e r so n a l
prop erty. C ity t a x r a te (per $ 1 ,0 0 0 ) $ 19 50. P r o p erty is a sse sse d a t
50% a c tu a l va lu e.
P O P U L A T IO N .— T he p o p u la tio n in 1 8 9 0 w a s 1 4 ,4 4 5 ; in 1 8 8 0 w a s
7 ,2 9 5 . A ccordin g to lo c a l figu res in A pril, 18 9 7 , it w a s 2 9 ,5 0 0 .
Silver Bow County, Mont.—F. R. Hinds, Treasurer.
County seat is Butte.
T R U S T C O M P A N IE S .
148
SECURE BANK VAULTS
G E N U IN E
WELDED CHROME STEEL
AND IRON.
Round and Flat Bars and '-ply Plates and Angles
FOR SAFES, V A U IT S , Ac.
Cannot be Sawed. Cut, or Drilled, and positively
Burglar Proof.
O H ROUTE S T E E L W O R K S ,
Kent Ave., Keap A Hooper Sts.
Sole ManTers in theU . 3. B R O O K L Y N , N. Y
B A N U R tt8 ,
18
W A I iL
STREET,
NEW
YORK.
E s ta b lis h e d 1 8 9 5 .
MHJMBKR8 OF NEW FORK STOCK HXCHANG H
Allow Interest on deposits subject to sight cheek
Bny and sell on commission stoolis and bonds eltnei
for ca*h or on margin, and deal In
Investm ent Securities.
H. J. m o r se . CH.AS. d . Ma r v in . W. m . K i d d e r
A . Strassburger,
STO CK S A B O N D S B R O K E R
BODTHERN INVESTMENT 8HCCKITIE9.
M o n tg o m e r y ,
A la .
1 'H K
144
T ru st
U n io n
T ru s t Com pany
.
.
.
.
.
.
.
.
H A L L STRE ET*
C A P I T A L A K ft H C R P 1 .IH ,
4 f 7 t d > i« I P TO ACT AM
E tttv le t, Adm 'littrator, Guardian,
R e e a l r e f o r T r o * t* * ,
A t M S A t D S P O S r r o K T F O S U O X itr .
a ? T a c * r r a k o r m o k t g a h Jbs o r
acts
O O IK U n o a t u a tm ru U»lnufn«IW T
•Al rwcurtrr of etiodfc*.
ALLOW h INTERIM OK
*•# m*&« &t
iiftifc, : •-vi v itM tftv e «t* »*•* days*
KOtte*..
tftterad f»>r UiovM* U»* they rvnaaiB
nUi the ©ea&pttBLy.
Wot t i * cv
©f d«J?*:«*Hor» list* C&tDpkO|
ttieo e-pat# CURRANT ACCOUNTS. *»b)®ri, In a*s
iacdAtew »ll& ty» rule* to check at *igfaL *fcd Allow
latere *t Aj«o she rw.iUn# dally bakUnoo*. Bach
;-v*s through tbr Clearing Host*©.
Attend* kpACUitj to *ft*
M JLXAGEM EET OF R E A L E ST A T E
and t< GagPttfiL-c-. « «£>d remittance o f ram*.
U
k«w ample prov *>o» In It*
B U R G L A R AX2> FSRE PROOF V A U L T S
to* Vb» *af«-kewpi»g o f MKOfttltt pl*e*4 In Its cu*~
tody, oos wbi-cfc It eoltoet* And remits Income.
EDW ARD KINO, ITceidaaL
CORNELIUS D. WOOD.
/
J AM SB IL (Hi 11 VIE,
VVico-President*,
AUGUSTUS W. KELLEY. 1
3. V. 11. TH A Y E R , Secretsinr.
X. K. MEURtTT AM i»uct$oc«Ur7.
t <X EA WLIM1'*. Tru«t Officer.
N ew
Y o rk
S ecu rity &
T ru s t C o m p a n y ,
46 W A L L S T B K G T , N K W Y O R K .
C a p it a l, S I . 000.000 s u r p lu s , S i . .‘500,000
C41ARLE> S. FAIRCHILD, President.
W ll- L. STRONG. U t Vice-Pro*.
ABRAM M. H YATT. 2d Vlce-Pre*.
sBOBN W. BRIGHT, Secretary.
Z EL AH VAN LOAN. AML Secretxrj.
Aotbor ;.«i to act »* exttcutor, trustee, administraOf. guardian. agent ar-d receiver.
R ecem -* £' {> -tt» sutrjeci to night draft.*, allowing
letertret. A legal dei *«iterjr tor court and trust
f iE
A dwtaswrted depositary for the reserve o f State
banks. Account* of banks and bankers solicited.
TRUSTEES.
C g . Fair child, IkL C. I). Borden, £James A. BUIr.
f f . H- Appleton, B. Armor Sands, IJ.G. McCullough,
W e . T s*.r‘<cg, Jam* - J. llftl,
H, Hoagland.
W. F. Ba kJey. K. N. Gibbs.
J. W. Sterling,
R. G. N e 'vn .
F. R. Coudert,
H. Walter Webb,
Edward Uhl.
’James Stillman, John A McCall,
E. D. Uandoiph. la, W, Steam*. jAid* ceF. Walker.
Rhode
Island
H o s p ita l
T ru s t C o m p a n y ,
P R O V IIIR X C E . R . I.
C ttb ltu l
.Bl.OOO.OMO I M u r p ltt* ...6 7 5 0 ,0 0 9
DIRECTORS.
Royo C. Taft,
Horatio K. Dun pt>« ,
Ror - H. 1. Goddard. Robert Knight.
Gao. W. R, MaUeson. John W. Daniel*? n.
WliHAtt D. Ely,
Herbert J. Wells
R-ofcart L GamtuaU.
John C. Pegram
WU&MB Btn&ay.
Lyman B. GoS,
Wu.uwo b. Wooden Eugene W, Mason,
Rpwi*&<! itasard,
Geo. Gordon King
EJward D. Pearce
Howland Q. Hasard
Lucian Sharpe,
U BBF E ). I , W KLLe SAM'L It, DOE HA NCB
PresKSenL
Vloe-Proaldent.
IP W A M i - Cl, A ft ft
WM. A. OAMW KLI ,
y
Aa*t*tant Beorcftary
The
U n io n
T ru s t
Co.
71^*17-718 C K ..r s r T S TK ..T
P H IL A D E L P H IA , PA .
Inaorporat d iwoL
C A PIT A L
-
61,000,000
TrattaMiUfi a O ttttfn d fitsitiw i PafeDepo*n Business
Aria m Transfer Aaeot, Registrar and Trustees
«.bd»r
A V It 47
$ 1 2 ,0 0 0 ,0 0 0
# 1 ,0 0 0 ,0 0 0
# o, a m .o o o
p*•railo« m«-rhaaffe•
CoC-eet* a-.d Rom its Income at Reaaonabla Rate*.
Aecnant* -if Hankers and others.
Interest Allowed on Ibspoilte.
Pro*: deni,
Vice-Presidenc
% J,
AEHt^4 TlfOMAA H, PATTOK
Tiee-Pftt*WenL GKO RGB A, FLETCHER,
and tkecretary.
TTosi O B n r.
RICHARD B. EDWARDS. PK U Cr B. MKTXOEIL
DIRECTORS.
J. K Af? j,
IJ
L K>ofe, ?Thos. R Patton
jE*1warl riai’^r
f’baa. A. Tjuran Edw. I,. Perkins,
A. r **^h. - ^obnr* M^Ofaih,'w®. r. Mtoerar,
Tb'i-Tnas m . t i i P r a n c e K. B a n lJ iia ts i' Tiiomas
w » . It I rrr.f. HWar H. Merer*
t* a legal ^lepoaliwry f*:»r mMnnys
i*it i*auiliori**^! t» act a* Guardian,
I N T K K t ^ t A 1 .1 .0 W IT ) ON D K P O H lT H ,
w>,ih may be mad*- ut any time and withdrawn att* r
ir # (U n DntJrv. «n4«rl|l be sntnlm) to i n b w l at
• u* b rule** a* may Ik* agrred upon.
1'iw uior*. A*t«niul*trator*> <<r Trustee* of
Ite-iigl '«s* -il l ib-m-v-a, r»t lr.*tHuUona, ami individ
ual*- will find t.hls Couipaity a convenien* dopoaHnry
for
JOHN A. STEWART. fVesfci/nL
11 WILLIE JAMKs*. Vir*A*rt»i4a>t.
j.O R ^ B. CLARK. AVcimd Vb# /Vvefttenl.
HENRY L TUOUvNKM
t»ry.
I.DUH G. HAMPTON. Awht. «W>>
T U I STK KSi
Samuel H-aM
1’bnrh s- 8 . Nmtlh. W. Wald A*t«r,
D, Willi# Jam***, b m. Uockefclhfr, Jaiwe* NUUitttui.
John A, St<?wn«T A!<*san*ierE. Orr. John Claflln,
J. It. Kiioad*.-.* Wui. H. Muoy.Jr.. John J. PbeipK.
AriMia P. 8 tokOft. iVm. 1). Sloanc*. Daniel Lord,
J.«hn C, Itnown. G. II. s* hwab.
John s..Kennedy.
RdWttfd Cooper, Prank Lyman.
I). t». Mlllr.
W. B. Cutting,
tioiirire F. FW or, LewlsC. Led yard.
C O N T I N E N T A L
T R U S T
OF TH E
OF
H EW
YORK.
30 B R O A D STREET.
State
100
T rust
C o.
BROADW AY.
C a p ita l a n d S tirp lu a ,
-
$ 1 ,8 0 0 ,0 0 0
A eta aa T r u s t e e , R e g is tr a r , T r a n s fe r and
F is c a l A g e n t of C o rp o ra tio n s, and a s E x
e c u to r, A d m in is tr a to r , T r u s t e e . G u a r d ia n
and C o m m itte e of E s ta te s . L e g a l D cponllorT for C o u r t an d T r u s t F u n d s. T a k e s
fu ll c h a rg e o f R e a l and P e r s o n a l E s ta te s .
In te r e s t a llo w e d ou D e p o sits.
FRANCIS 8 . BANGS. President,
WM. A. NASH, Vice-President.
MAURICE 8 - DECKER, Secretary.
II. M F KAN CIS, Treasurer
R. B, B15KRY, Trust Officer.
TRUSTEES.
Wll Ha 8 . Paine,
Forrest H. Parker,
Henry II. Cook,
Charles Scribner,
Walter S. Johnston, Charles L. Tiffany,
Joseph N. FiaUock.
George W. White.
Bdwm A McAlpln. Perdval Knautb,
Andrew Mill*
Francis 8 . Bang«s,
William A. Nash.
Francis Lynde Stetson.
Geo. Foster Peabody. Thomas A. McIntyre.
J. D. Probat,
Edward BL Poor.
Henry Steers
Anson t». McCook.
George W. Qulntard R. A. 0. Smith,
Tbos. F. Ryan.
G U A R D IA N
T ru st
&
O L D
C O L O N Y
T R U S T
C O M P A N Y .
B O S T O N , MASS.
CAPITAL.
NI’BPLIW,
.
D e p o s it O o m o a n v ,
BALTIMORE.
General Banking and Trust Business. Becomes
Trustee under Mortgages or Deeds of Trust, Kfminclal or Transfer Agent for States, Cities or Corpora
tion*. etc,, etc. Pars interest on Deposit*.
JOHN L. BLAKE, President.
WM. M, BYHN, Secretary and Tronsurer.
DANIEL MILLER, JON. K. TAYLOR.Vleo-Prcs'ta.
Executive Committees Wm. 11. Bosley (Johns.
OltUngs k Co.), Chairman; Daniel Miller, Henry
c. Matthew*. John L. Blake, Francis A. White,
Matthew C. FentOA, Basil B, Gordon.
M e tro p o lita n T r u s t C o .
Of the City of New York.
3 7 and 3B W a ll f-itreot, N e w Y o r k ,
P a id -u p c a p it a l..............................6 1,0 0 0 ,0 0 0
B a rp to a .............................................. 1 , 0 0 0 , 0 0 0
Deslgnutad as n legal depositary by order of
Supreme flouri- Rccelvo deposits of money nti Intereat, art as fiscal or transfer agent, or trustee for
corporations, and accept and execute anylegal trusts
from persons or corporations, on as favorable terms
asothPi 'drnllH.rcompanies.
Brartoa Iras, PresldenL Fred’k D. Tappen.V.-Prei,
C. ». J wop, 2d V,-Pre«
Beverly Chew. Seoretary,
Raymond J. Chatry. Awistant Bttntetary.
.
$1,000,000
1,000,000
.
-
T r » B .a c t . » O e n e rn l B a n k ln s B u . l n e . . .
ALUJWB INT.K.ST OS DAII.V 11AX.ASC. 8 StJBJMt
TO CRkCK
Tuorr*» xnrDtu m o rto ao ea transw eb A o n rr
RitOISTRAR
BOARD OF DIRECTORS:
T. Jeflerwon Coolldge, Jr„ President.
OIIT.rAmo.,
W Alter Iltmnewal]
C W. Amory,
Samuel Carr,
B. !>. Cheney.
p<». T . I . Moyer.
T. J e g tn o d t MlIdte.
I.nuronoo Mlnot,
Ch«. K. Cotuna,
Ulehnrd Olney.
,
i t ub. ah.
Henry K. Reea,
«3»: P.
NAthaniel Thayer,
Henry S. Howe,
Stephen ML. Weld,
Henry C. M^oeton,
T. j* r r * R s o s Coolidok , Jn., Prtrtdent.
C . 8 . TdCKettMAN, riw -P fB ’t and Ttma.
0*0. P. OAUDSIU. GOBBON ABBOTT.
FBANCIS K. HART, Vl«-Pr»rld
K. A. PHIPPKS, Secretary and Aea't Irene.
JOS.PB 0 . 8 TSABLN8 . i n ’l Secretary.
A M E R IC A N
L O A N
-A N D -
C O M P A N Y ,
C IT Y
C A P I T A L .....................................6 3 0 0 . 0 0 0
R U K P L i m .................................. 3 3 0 . 0 0 0
OTTO T. BARNARD.............. ....................President
WILLIAM ALEXANDER SMITH.. .1st VicttPres’t
GORDON MACDONALD...2d Vlce-Prest and Sec’y
HENRY X DABOI.L................ Aaslatant Secretary
D e a lc n a te d by th e S u p re m e C o u r t aa a
D e p o s ita r y fo r C o u r t [Honeys.
I n te re s t a llo w e d on D e p c a ite .
E x e c u t e i a l l V ru a te .
TRUSTEES
William Jar.
Gir&ud Fonber.
Alfred hi. Hoyt,
Gordon Macdonald,
Rudolf K. F. Fllnach,
Gordoc Nome,
Robert 8 . Holt.
A. Lanfear Nome,
OUrer Harrlnum, Jr„
William F. Cochran,
Wm. Alexander Smith. Walter Jennlnjtn,
Robert Olyphant,
William A. Ilaxard
W Seward Webb,
Frank H. Platt
OttoT. Bannard.
Trenor L. Park.
Robert W. DeFo'-eet
Oswald Sanderaon.
Joseph Walker, Jr.
T he
L x v ir
(C o m p n u tc s ,
U n ite d States T ru s t C o .
43
OF SEW VOltk.
6® Broad* 4j, Srw fo rk .
C A P IT A L .
K c ttP t c i.
1y o u
CHRONICLE-
T R U S T
C O M P A N Y ,
B O ST O N , MASS.
C A P IT A L ,
f illR P l.C S ,
.
.
.
-
* 1 ,0 0 0 ,0 0 #
6 0 0 ,0 0 0
A legal depository of moneys paid Into Court and
for Administrators, Executors, Guardian*
Trustee*.
INTEREST ALLOWED ON DHP08ITS,
Trustees under Mortgages, Transfer Agents a n i
Registrars of Stock.
BOARD OF DIRECTORS,
Chat. Fraud* Adams, 2d. Samuel Llttla,
Oiike* A. Ames,
S. E. Peabody,
Edwin F. Atkin*,
Francis Peabody
Isaac T. Burr,
Albert A. Pope
Samuel Carr,
N. W. Rice,
F. Gordon Dexter
R. E. Bobbin*.
David p Kimball
W. B. Thomaa,
8 END1COTT PEABODY, President.
N. W. JORDAN. Actuary,
E. A. COFFIN Treaiurer
M aryland
C O R K E R SO U T H
Trust
C o .,
A N D GRRMLAN S T S *
BALTIMORE.
4
F I T A L , 6l.DDD.fMM1
S U R P L U S , 6 .5 0 0 ,0 0 0 .
A LEGAL DEPOSITORY FOR COURT AND
TRUST FUNDS.
acta u* j'Lnaiicial Agent for States, Cities, Towns
it vltroads and other Corporations - Transacts a gen
eral trust business. Lends money on approved se
curity. Allows interest on special deposits. Acts
as Trustee under Mortgages, Assignments and
Deed* of Trust, as Agent for the Transfer or Regis
tration of Stocks and Bonds, and for the payment o f
coupons interest and dividends.
J, WILLGOX BROWN. President
LLOYD L. JACKSON, First Vice-President.
HENRY J. BOWDOIN, Second Vioe-PresldeaG
1. BEHNABD SCOTT,feooy,* Treaa
DIRECTORS
Wm. A.Marburg, Lloyd L.Jackson, J oehuaLevering,
H. A. Parr.
Frank Brown,
James Bond,
Alex. Brown,
Clayton C. Hall, J. D. Baker,
H. J. Bowdoln, J. Wilcox Brown, John B. Garrett,
Leopold Strouse, B. N. Baker
F. M. Thlerlot,
Hash B. Gordon. iFrad’k W. Wood, G. A. von Lingen*
Henry Waller*, Andrew D.Jones. Jos. IS. Willard,
W. B. Brooks.JrJW .il. Baldwins r J. A. Tompkins.
M isso u ri Kansas & T e x a *
T r u s t C o .,
7 th and W y a n d o tte S t f ., K a n i a a C ity* Wo*
1 N aM ftu 8 t „ S . Y . , 40 0 C h e stn u t Ht.«lkh l l a .
10 4 W a a h ln g to n Ht., H oston.
Hlngel 'JUS. A m ste rd a m , H ollan d*
D orotheen -H traan e 34 B e r lin , G erm an y*
3 1 L o m b a rd H treet, L ond on , E ngland*
M an d th orgual ‘J.»» H a m o n ra . G.or.
1.5 H u e du L o u v r e , F a r l* , F ra n c o .
C a p it a l................................................ 6 1 ,2 5 0 ,0 0 0
K u rp lu * and U n d ivid ed P r o fit* .. 1,'^ 3 0 ,0 0 0
, AliTHUU K. 8'rtLWKLl.. President.
g e e -P re . d en t,: 3. Melt. Trimble, H, U Martin
WefkTttirlor, Jaeqno* T. Nolthoniua,
A. C. Robinson «*cr«Uryi Wm, 8 . Taylor. Treaa.
uror; Frank B. Wlloo* Assisi ant Treasurer; J, J,
t'alrnes, Akslstaat Seeroiary; E, 8 . Mosher, Asst.
Secretary; Natb'l Norton, Ans’t Secretary; Trimble
k Braley, General A ttorneys.
K x e c n ic * a G e n e r a l Truw t Bunlnen*.
A ct* a * T r u e te e , T r a n * f e r A g e n t o r R egf« *
t r n r fo r C o rp o ra tio n s .
Afite a * E x e c u to r, A d in tn U tru U r , ( S u a r d la s
o r T r u s t e e o f KniRte*.
C o lle c t* W e s te r n m o rtg a g e * .
T a k e * c h a r g e o f p r o p e rtie s , co llo o tln *
ILont*, p a y in g tu x e s , etc., for
Mowtorn I n v M to r t.
@FedFRASER