The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
fin a n c ia l,
(
7
I Nn m n tfrfl'
Q u o ta tio n
S u p p l e m e n t (« « ,% )
S t r e e t R a i l w a y S u p p l e m e n t ( q^
in v e s to r s
S u p p l e m e n t (0 ^
S ta te a n d C ity S u p p le m e n t
{Enteral according to Act ol
YO L. 65,
)
Congress, la the year 1397, by the
W illiam : B. D ana Com pany , In the office ol
SATU RD AY, JULY
1
the Librarian of Congres*.
N O . 1 ,6 7 3 .
17, 1897.
Week ending July W
3 H te C P i c o m c l e .
oimrim* at—
mm.
side P. Omt.
IMS.
PUBLISHED WEEKLY.
188*.
Terms o f Subscription—Payable in Advance :
QI&M9
6
1
7
203(3481
»•» foMu .»•»»*** m
50.$*4,933
For One Year..................... .................................. *tn 10
Philadelphia..
45*
15.434,722
Plttkfiarg,*....
For Sis M o n t h s . ---- *,*,*****.«*«+****
0 00
.
1
3
.1
73.275
-1*1
Baltimore.,.
Mw&pmn.&uh*n?iptimi ciaolnxlla^ po+xas**.......„__.* 12 oo
«***.*.*
Ewtoge&n S»b*«rti*fct«>n. Sis; W^nm*
pmtmmb7 oo
TJil
k
i
t
&
w
m
s
m
fifll
W
aafeiogtoa*.*-**
...
A&onal SttbA&rfptlort la Loatlon citsetotte-sr -pottage). ....x2 10s,
1*381.680 U05.035 -23-1 i1,8
42,142
Six Mam.
ikK
do,
do.
....£1 \m.
I.It*0,258 —4*4 1,062,300
.
Synewe...
*•«*..*■
-9*7
m$M 8
The IKYKhtmks* S0PFt,B'lE?rr wlH ha faraMo-l *+fAeu? extra eh. arge gemattm..... ......
8
4
7,320
b*7,3Sni
7S1.418 +181
706.855
.....
to every aaaaai suOsoriber of th* QoMawfioiACr aso Fin v CI-iL
»^U
*stm
c'fA
O>
i
-8 2
313,10
405,200
Bingfeamtoc.
CHRONICLK.
Tj 73a,liiS,u8« —173 696,204,718 5iO.U94,530
He Statu \*f* OtTf S0i’fc,£'!Kvr will al«o t*»i tar&laiii&S m IhOIlt M i Middle....,
etxtra charge to ©%*eey •eUMertberof tlvtt Cnuo^mtM.
4,780,593 03,»ls3,rSl 419 102,031.028
Soitoa..,.. ,, ..... 04.95
Tlie Bthbkt 8*ttf 4T soTrr.KveMr will Hfcnrw t»»*. ftirntoh*?4 trith- Fro-rideace.
h,7*Xi| ».177;a»u —r«
5,780,700 " s s s a
......
nut extra charge %n ertjry milM&tihrt of the ChronicL£.
2,735,5,0
3.128,738 2,770032
Tlie tlcoTATmv SofTLRNSMf* IjwimssI maItaly*. will »Uo i*e famished Hartford...
1.8d8.f81 *2,039,924 =S5
1.845.167 1.775.259
New Ifarea, .......
l.ftrXtw 1.1*0,224 —U5 1
wUhtintt extra ehnrge to every eubseriher of f itsC*fRO!4tC!.l&.
,529.800 1,233.056
gplii^geld, .......
-lr?
1,457,213
1.473,754 1.389,413
File ooven IioMIem? eiie *«
l»«#n*a or
flle cov**r4 far Sup WomBcr-wiMM*
iXSl,«6f
L
k
d
7
.«0
-fl
—
485
1,324,218 L295781
plement* Bmsold m 30 c(*m* *taolt; poataugg on thv *miw !*>IS «oats. rivfland.. •*.>*»*.*(
m*802
Ml^l
-7 a
704,674
772,019
fall m r a t . ........
8!t,7aii
8O8.704 - 22e
m m
Terms of Advertising—(Per inch space).
-32*0'
388.77i|
442,4*2
CB*Sfori i"'.'..
One tiifip ...... ...... ..... - i '50 TUr.; Mo-ftl,* (Vi u r n , §25 00 S*w
119,100,142
One Meath
! :l, 00 Isix M.mttt(20 •* i.. « W Tbul M«w M&g..: 138J 58,^! "li<s,asC324
TwoMoatlw
if ** !•... 18 flft IT**ll#e Sfimthi* <52 *• .... 53 00
88+8«3,iW0 -17*0 m m .*
T
8
,7
fi8
,7
8
f|
.....A...
u*. -10*4
(The above terau (ur on- naontb«t>4 upward am (or
.•*<.(■> t
......,, U,
8At6,(^a
theirod,
London Agents;
OAftSlidl 7,010,632
fMVBtattAaa.... ....
—8***6 5,207.621
3.768.P45
Mr5*r,. El>w\n?** 8 Swifli. i t>r*j*«r,* Car lens. E. C.. wftt take nab Mtlwaataw..........
3J00teOf
—8*6 3.907.0OO
•....
eeriptloiu an d ,«Irertisetaeat*. nod supply niugle uopieaof the paper . lodlatiAUdii*.......
2.10^305 ~.i41X24 —lie
1.400,911
it f». each.
i.0«,2O5| 1314,857 -,30*4 1
,975.39*
gfprl*.....*
1*484,1.15 -il-4
Lam,mw
..... *
w i l i . h w n. n m c o n r i M , pubii
-14*0
7
*
?3
,7
t5
«TliD
#r*ad Bapldt... .
*—0*6
DftriorK...
•
Pine street, Corner of Pearl street,
490,710
*■■44.3**8 -8T3
601,219
U is x la s rt'cm , ■
215,0001 -2 2
3+9,140
290,180
Post Office Box 95“.
s e w Yo r k , fUifinaw...............
m
,9*4»
+23
0
2
8
8
,?4
8
|
874,725
248.072
KaIaouuiou.... . ...
224,200} +14^8 * 297J80
2
48,149
AktW'*'».......
350.067
314JM
821,689
Bay City........ ..
tlO
s>0]
-1*8
812 051
241,288
R
ack
ford....
mi,mil
229,UH
143,211
C L E A R IN G H O U S E R E T U R N S ,
SprSBjfSfild* Ohio..
3
280.410 X ?f
160.018
»
The following table, made up by telegraph, etc., indicates €natoo.... ..... .... UP,91762®
133,8WU8 —17’0 144.001,1426 112,400.236
,1
1
5
7
Tot.
Mid.
W#t'r
that the total bank clearings of at! the clearing houses
10.775,713 U 747.933 —83 12,512.703
of the United States for the week ending to-day, July !7, %m WrmciMm..
i rau,mt> LW0.501 +38 0 1.222,1- •
Late# Oftt -......
have been
agaitist |9Gd/l!,tilIast week ana Salt
l,t 48,274 1.202.UO X U
l»a«8/L.
Poitlaad.
U 70,500 1.173317
1,282,809
1999,775,780Abe corresponding week of Iasi year.
l<o* AiiifOl##,«*.--•.
*87,;si
m€0©
M* 7
ttMKKt - d
3«ukttl<r...«.*.*»« ...
(NIM +»?**
m
W‘mMMndkn4 Julg 4$.
........
ChllAMSttai
^ 0,‘i U
MM586
hLW
«
64909
70,888 =S4
MMurm by leUgr^h,
tm i.
PtrCmt.
1888.
—
5
*
4
liMM.yr, 17,370.'09
is.m.7sv "13YIE248
Total Pacific.,,.
Mew- York
♦»S9,Hj 7,025
+8*f
f408,T38,8SS
7,865,105 0,042,510
K»n*a» C\ty...... .
Bmmo .....................
13*8 MMnmwli#
MMXMm
78,101,418
-32
1
i f J ,ill
u t ir «
...,....
i i 19,Y08
m tm m m *
3,042,404 4.9?0,064
.698698 -Je*
48,057,30'J
-8*4 Omaha,,... ........
5J.429,820
2-800,871 54,8
27,950 -61 8 4.791.007 3,379602
Baltimore
X2.980J77
+11*0 fUFfthl.............
It.887.084
—
1
0
1
1
X
1
1
7
,0
0
3
2,100,770 -7*8 2,782.757 2,451.501
..............
OWe*xo _____ ___ __...
+04 pDanker
819,2*1
71,470.431
71,210.057
m x t p o r t . .....
LiOt/8721 1,147.832 —0*6 1,216.000 1.0*20.141
St tool* ----------- ------+1-4 St. J o se p h ......... .
20,083.364
am us
3
5
0
.0
0
0
1,024.069 —15*w
De«
Sfotoe*...
**♦...
Mim Orleans.
.
n
o
4,697.143
5.537,817
<88.718
w
450,708 +4-0
K
Sioux City..........
818,746
368.*«* -10 7
379.143
f n e o l o , ...—
8
4
7
,5
6
1
SNprenciu<.\ 5 ‘lay#
206,221
3
-08,875 +18*4
*091/104,342 ! +7*0 L
$ n 9 A m tn
30*17?l
Wichita...*........ -4*8
*1
4
.4
1
2
327,089
*35,301
322
0
5
6
Othercities, 5 day#....... .
137,930,141
+6*0 Topeka.,,.......... .
128,017,012
93.428
WMi
69.82*5 +1611
7
0
,7
0
8
Wrem&ni*...........
98,400
103,0:15
70,722 4*7*0
01,881
Tvrii all dt!<s«, Sday* ... fi88U 24,413
+70 Hit
m d s m iM *
2
0
.0
7
9
.9
5
1
29,415,038
M.m.451
8
1
,8
1
4
,2
0
1
Tot.
other
Wait.
XUeftlM, 1day...............
180,211.723
+2S
170,083,778
52,45^,058 -10*4 25.745.5S7 »1,708,438
Total all eltiw foe .reek 11,061,'0*1,13-6
**328.775,730
+8*f Sfelfcotiif..
5,191 214 8,888,388 -24*4 0.1 ‘
NewOrt.cMki..*.....
fiW m >
4
.0
5
7
/2
0
2
!
5.607,0<ii
LoalavUle,
»*■
The fall details of clearings for the week covered by the 0*1,tfeatom..*.. k..,.-.
1,647,850 1,1/18.460
Im W
2,171.89* 1.638,488 TfS? i&wti
above statement will be given next'Saturday. We cannot, Hoast^tt*. »«..*»,...
1+73.269
1429,698 !,5G8.OTC»
......
of course, furnish them to-day, bank clearings being made Richmond.,,,......
3.0S5.774 +7*4
m
2/278,859 -43*2
8S8(
up by the various clearing houses at noon on Saturday, and Mereiphl*,,.,........
1
,1
?
8.17«
1
,4
*3
.3
4
3
B
F
Attoata..............
hence in the above the last twenty-four hours of the week Dallas,.,............
953,107
o$7,W> - i l l
1,2A1,07* 1,100,710 +5*1 1.138.992
have to be in ail oases estimated, as we go to press Friday night. NashrHie.. — ...
854,4701
J.018.452
Norfolk...,
.
.......
We present below our usual detailed figures for the pre
610.034
3
01,9H
02
«
638.1
2
672.777
550.000
vious week, covering the returns for the period ending with Ynrt%fnRh.
400/00
357.000 +40*1
506.000
A
nku-ita...........
201,118
420.905 -4*0
Saturday noon, Joly 10, and the results for the corresponding Blrromeham.......
825,276
403,74$
497.22.1 —20*5
387.4'5.7
week in 189*5, 1895 and 1891 are also given. Contrasted with FCnoxy111®.
290,827
2
7
1
1
.0
9
7
«83
,7
9
8
Little
Hock.........
185,287
825,H71
-til
the preceding week, there is a decrease in the aggregate Jackioaxine,,.,
224,023 _ J g l i
-5*4
250,464
s^ st
exchanges of about three-hundred and fifiy million dollars, Chatter, oosra.......
60 186,610
5
2
,3
8
0
.2
8
3
USsIjm
"=
ia
4
7
.1
:
Total
Sonthera..
and at New York alone the loss is two-hundred and fiftythree millions. In comparison with the week of 1898 the Total all,........ 908-244,411 1,071.091.420 -15*8 1,003.508166 861.061,310
total for the whole country shows a decrease of 15*2 per Oatslde N. York. 399,980,763 455,881.800 - 5 H *89,602,198 ~im.sn.0ifi
cent. Compared with the week of 1S95 the current returns Montreal,,..,.*.....
record a decline of lt*S per cent, and the excess over 1894 is Toronto
•aw s
S.080,696
8*6 per cent, Outside of New York the loss from 1898 is 12*8 Halifax,
L877.501
tvai]MNi.«,»*s.....
per sent. The decrease from 1895 reaches 16*8 per cent, and w
708.372
HamUtoh,,**.
808.705
making comparison with 1891 the loss ia seen to be DM per j|«.,Telus*,*..****.. **
Total Canada.-.., 28,080,315 —2MAY,«7l “ +Tf3 24,322/587
cent.
J!
THE
86
T E E F IN A N C IA L
( H R O N K ’LE.
S IT U A T IO N .
The feature of the week has been the New York
Anti-Trust law decision by Justice Chester. It will
be remembered that the proceeding under that statute,
which the Attorney-General took almost as soon as the
law had been, signed, was against the anthracite coal
roads and companies. The decision now rendered has
been made in that proceeding, and the opinion sug
gests about as many flaws in the new Anti-Trust legis
lative contrivance as it contains provisions. We have
discussed the decision on a subsequent page. It
is of special interest at this time in connection
with another event which occurred on Tuesday in
Philadelphia. That other event was a change in the
officers aud directors of the Lehigh Valley Railroad
Company—a transaction which places Messrs. J. P.
Morgan & Co. and Prexel & Co. in control of the
Lehigh Valley’s policy. In other words, at a moment
when a machine that had been devised by our last
Legislature for destructive purposes and fired up and
set in operation against the coal companies went all
to pieces, Mr. Morgan, who has done more to conserve
and advance industrial interests in the United States
than any other man, took control of one of these
suffering coal companies to cultivate and build up its
property and business by keeping its management in
harmony with other roads similarly situated. That is
a striking coincidence, for it presents remarkable con
trasts, while the decision taken together with the new
direction in Lehigh Valley forms the record of a very
substantial and encouraging movement towards in
dustrial progress.
The crop situation has in the main improved since
July came in. Heavy rains the last few days in this
and Eastern States are said to have done injury, but
over a large section in the West, where hot, dry
weather was beginning to make the farmers anxious,
beneficial rains have fallen. Now it is said that both
spring wheat and corn are in a very promising shape
in all the large producing States; Texas reports in
jury to corn due to drought. It seems likewise to be
pretty well established that there will be a good de
mand for wheat from Europe and Australia, and prob
ably from India, while this week there have been
orders in our market even from Argentine for wheat
for seeding purposes.
As bearing upon the crop outlook we may note that
the Agricultural Bureau at Washington on Saturday of
last week issued its usual monthly report on the con
dition of the crops, and that this on the whole makes
the prospect quite encouraging. In the condition of
winter wheat an improvement of 2-7 points is reported
since last month, making the average now 81'2, or 5-6
points higher than in July of last year. In spring
wheat an improvement of 1*6 points is shown, raising
the average to 91-2, which, however, is 2T points
lower than in July of last year. In the case of corn
and oats the averages are also given as lower than
a year ago. Thus the condition of corn is put at only
82-9 against 92-4 in July 1896, and the condition of oats
87'6 against 96-3. This at first sight would seem to
indicate a much poorer prospect this year than last;
but it should be remembered that these figures are of
July 1 in both years, that last year after the 1st of
July the’- f r o m great deterioration in the condition
of all w ii . m a .m a! crops with the exception of corn,
wh1'
J6Hl p|ne wpar the weather conditions since the
l8 '
the
WALL 8#1V6' “
G iv e s valuable In form ation*
16 a year.
DOW. JoNKBU
already 8tated> been ffuite
[V ol. LXV.
satisfactory. In the case of spring wheat the decline
during the month of July last year was 14-4 points,
in the case of oats 19 points and in the case
of cotton 12-4 points, the condition of corn,
however, advancing 3-6 points.
It is evident,
therefore, that with a continuation of good weather
the comparison on the 1st of August will be in the
case of most of the crops quite different from that
now shown by the July figures. Our usual compara
tive tables, formerly given in this article, will be found
on page 120.
The importance of this favorable crop prospect is
for the time being in some measure obscured by the
bituminous coal strike, which has continued without
any very material change during the week. There
have been reports of speedy settlement by ar
bitration from time to time, and the prevailing
feeling seems to be that a settlement will be reached
before the strike has lasted long enough to cause any
widespread derangements through a scarcity of coal.
The idea, we presume, is that after the old stocks of
coal are used up and tariff legislation is completed, the
coal trade will be in shape to raise wages; or if not
then, general business will soon thereafter revive, and
with better business, prices of commodities, and coal
among them, will rise so as to warrant paying the
miners a higher price and thus end the strike.
Some such thought must be at the bottom of the com
paratively hopeful feeling which appears to exist re
specting the situation in the bituminous district.
The belief, too, is growing that it is only a matter of
a few days before the tariff question will be settled.
That the Conference Committee should take some lit
tle time in adjusting the differences between the two
Houses seems perfectly natural. Even if the conferrees
on the part of either the House or Senate were in
clined to yield on the material points in dispute, it
would be bad policy to encourage the idea that a
settlement had been easy. There is deep feeling in
both the House and Senate regarding some of the pro
visions which are the subject of controversy, and
if the belief should gain currency that either side had
failed to take a sufficiently pronounced stand on its
own ground the effect might be to jeopardize the work
of the Conference. In other words, some show of
opposition is necessary to force the recalcitrants into
line.
The rumors of disagreements, therefore, and
a deadlock, which have been current this week,
whether true or false, will in the end be found
to have served a useful purpose in securing sup
port foe the Conference report when it comes. Every
one now believes there has been a sharp tussle
between the members of the two bodies, and thus
the inclination will be to accept the Conference report
as offering the most that either side can hope for. A t
least that is the view of the matter which has been
generally taken, and this together with the other
events noted will account for the renewed strength
and activity of the stock market this week. The fail
ure on Tuesday of Decker, Howell & Co. had no
effect on the market, as it was known to have been
precipitated by the sharp rise in Sugar stock, in which
the house was carrying a short account.
We referred last week to the fact that new or in
creased dividend distributions by our railroads were
becoming a feature of the situation. We have had
another illustration this week. The Great Northern
Railway Company has increased its quarterly divi
dend from 1J per cent to 1| per cent. In other
J uly 17, 1897.]
fH E
C H R O N IC L F .
87
words, the stock has been raised from a 5 per bills receivable, 3-J@4 per cent for first class and 4@44
cent basis per year to 6> per cent. The Great per cent for good four to six months’ single names.
Northern is one of the most prominent and Banks report a lighter movement of money to the in
at the same time one of the best managed terior this week in response to re-discounts. Corre
properties in the Northwest. The increase in the spondents, however, look for a better demand very
dividend seems to be fully warranted.
On the soon. The only special feature shown by the bank
operations for 1895-6 the income account showed a statement of last week was a further increase in loans
surplus of over a million dollars above the amount and in deposits, making a new high record for these
of the dividends at 5 per cent. For 1896-7 of items.
There have, as usual, been contradictory reports by
course the results are not yet available.
But we
may say that the returns of the gross earnings cable regarding the European political situation, but
for the twelve months to June 30 show a falling the foreign financial markets have not been affected
off of only $128,715, or less than one per cent, com thereby. Early in the week it was said that Turkey
pared with the corresponding period last year. What had made a new treaty with Roumania, with a view to
makes this result particularly gratifying is that the counteract possible warlike designs by Bulgaria, and
spring-wheat crop of 1896 was much smaller than that it was also said that Turkey had sent an ulti
of 1895. On the other hand, the outlook now is that matum to Persia requiring the evacuation of
the current year’s wheat yield will again be quite Turkish territory occupied by Persian troops,
heavy, making the prospect for a large traffic and but that Russia was supporting Peraia in her
large earnings the current year very good.
position and therefore that the latter would
The Louisville & Nashville has issued a preliminary probably refuse to yield. Later there came a Con
report o f its operations for the year ending June 30. stantinople cable stating that the Sultan had modified
It shows very little change in the gross earnings, but his demand for an indemnity from Greece, reducing
a falling off of $359,283 in the net (about 5 per cent), it to £6,000,000. On Wednesday the Ambassadors
due to more liberal expenditures. There was also a requested the Turkish Minister of Foreign Affairs to
small falling off in the income from investments The announce definitely whether Turkey would resume
final result shows a surplus above charges of every peace negotiations on the basis of the proposals made
description of $962,159 for 1896-7, this comparing by the Powers. On Thursday the Turkish Minister
with $1,377,503 for 1895-6. The $962,159 is equal to declared that the P^rte accepted the principle of a
about 1} per cent on the company’s stock, but this, it strategic frontier, and negotiations will be resumed on
should be remembered, is after spending very consid Saturday. The Bank of England minimum rate of
erable amounts for betterments and improvements. discount remains unchanged at 2 percent. The cable
The result, too. has been reached in a year of great reports discounts of sixty to ninety day bank bills in
depression in general business.
The Louisville & London 13-16@| of 1 per cent. The open market
Nashville is very much dependent upon the condition rate at Paris is 1%(<t, 1}, at Berlin 2 f@ 2 f and at Frank
of the iron trade, and should there he a revival in this fort 2| per cent. According to our special cable
trade the results for the current fiscal year would no j from London the Bank of England gained £11,373
doubt show considerable improvement.
bullion during the week and held £36,731,125 at the
At present the iron trade still remains in a very dose of the week. Our correspondent further advises
quiet state, though the reports indicate that confidence ; ns that the gain was the net result of imports of
is still strong as regards the ultimate outcome. The I £64,000 from the Capo, exports of £40,000 to Malta
"Iron Age” of this city has this week issued its usual |and shipments of £13,000 to the interior of Great
monthly statementshowing thccurrentpig-iron prod tic- j Britain.
tion. and it again records a falling off— that is to say
The foreign exchange market has been quiet and
there was one less furnace in blast July 1 than on June I firm this week and without new feature. The dulness
1, the number being 145, against 146, and the capacity during the middle of the week was mainly duo to the
of these furnaces being 164,064 tons per week July 1, ! fact that there was no fast steamer until Saturday.
against 168,380 tons June 1. Since April 1 the num There was a good inquiry early in the week to remit
ber of active furnaces has diminished from 153 to t45. j for sugar, and some demand was noted from other im
and the weekly production from 173,279 tons to porters, which absorbed about all the bills offering, and
164.064 tons. As to the prospects for the immediate the tone was quoted strong on Tuesday, when
future, it is not possible to speak definitely, since the Brown Bros, advanced their posted sixty day
strike in the bituminous coal regions has introduced a Jrate to 4 87, leaving the
sight figures unnew disturbing element, the effects of which will d e -! diunged at 4 88, and thereafter rates by all drawers
pend upon fnture developments.
were uniform at these figures.
Rates for actual busi
Money on call, representing bankers' balances, has I ness were entirely unchanged during the week at 4 86
loaned more generally at 1 per cent, and the offerings @ 4 86| for long; 4 87@4 87J for short and 4 87£@
are liberal. Some loans have been daily made at 1( 4 87J for cable transfers. Bankers express the opin
and the average for the week has been about 11 per ion, based upon offerings of demand sterling for
cent. Banks and trust companies accept the rates j delivery early next month, that the market will
current on the Stock Exchange. There is very little |remain steady and without material change. It is
business reported in t ime loans and scarcely any demand reported
that
sales of
long
sterling have
for short periods, the inquiry being mainly for four to j been made in anticipation of
lower rates in
six months. Rates are still quoted at 2 per cent i September and October, when there is expected
for sivty to ninety days. 2| per cent for four and 3 per j to be a good supply of grain and cotton bills.
cent for five to seven months on good Stock Exchange |Futures against shipments af the last-named staple
•trilateral. There is a better supply of commercial! are offered at 4 83| for September and at 4 82£ for
paper, with a fair demand, and rates are firmly held [ October and'Novcmber deliveries. There have been no
at
per cent for sixty to ninety day endorsed I gold engagements,-though it was reported early in the
THE
88
C H K O N IC L K
week that some gold would be shipped to Europe be
fore Saturday. The report may have been based upon
the fact that there was an unfilled order for gold on
the market last week. The following shows the daily
posted rates for exchange by some of the leading
drawers.
gold and silver; for the other years both are included
in the merchandise figures.
The following statement gives the week’s movements
of money to and from the interior by the New York
banks.
Fill.. M o n .. T o r s .. W ED.. TnU R .. FKI
J uly 0. J uly 12 J uly 18. July 14. July 16. July 10
£0*
£8
87
88
87
68
87
88
87
88
87
88
87
68
87
L&sard F r eres ... j
Merchants’ Bk.
(6 0 days.
Of Canada.___ 'S ig h t...
RS
80*
88
87
88
67
88
87
88
87
88
87
88
87
88
87
88
87
88
87
88
87
88
87
88
87
83
87
88
87
88
87
88
67
68
87
88
87
88
87
88
87
88
87
88
87
88
87
88
$ 4 ,703,000
308 ,000
$ 2 ,789,000 G a in .$ 1 ,914,000
3 0 0 ,0 0 0 G ain.
8 ,0 0 0
T o t a l g o ld an d le g a l t e n d e r s . . . .
$5,011,000
$3,089,000 G a in .$ l,9 2 2 ,0 0 0
67
88
87
68
87
83
67
88
87
88
87
83
87
88
67
88
87
88
87
68
87
88
87
88
87
88
87
88
87
88
87
88
With the Sub-Treasury operations the result is as
followsW eek Ending J u ly 18, 1897.
In to
Banks.
Banks’ in te r io r m o v e m e n t, a s a b o v e
S u b -T rea s. o p e r a t’n s and g o ld expts.
$5,011,000
17,000,000
Exports.
Im ports.
E xp orts.
Im ports.
37,958
31.415
13,135
3.782
19.104
6,915
112,303
2,855
3,699
22,604
1,120
604
838
31,720
+35.103
+27,716
—9,409
+ 2 602
+18.800
+6.077
+ 8 0 589
2,510 +14.003
4,050 +12,589
2,121 + 11,453
5T9 +4,352
700
+3,571
955
+4.132
10,981 +50,050
14,767
15,109
15.280
5,140
5.159
4,348
59,833
3,667
3,307
3,8-3
509
564
988
12,918
+ 11,100
+11,862
+11,457
+4,571
+4,505
+3.360
+ 4 6 945
8
37
30
475
652
358
155
107
158
1,805
—4t7
—515
—328
—160
—100
-141
-1,704
-524
-514
-1.138
-350
-388
—441
-3,355
5
7
14
101
1
t
209.443 -38.381
200,620 +66,307
197,581 +42+65
58,650 +12,142
57,261
+9,307
56,161 + 10.542
779.",2b +11)2,883
S ilv er In Ore.
228
428
247
July- SepU.
O ct.-D e c ...
Jam -M arch
A pril..........
M a y ....... .
J u n e ........
T o t a l.......
....
13
.
910
4,392 -4,164
4.534 -4,106
4,994 —4.747
1,604 -1,604
1.DS5 -1,972
2.044 -2.044
19,553 -18,637
+ E x cess o f exnorts*
64
278
191
14
3?
95
079
3.050
3.969
4,291
1,574
1,380
1,599
—2,986
-3,881
—4,ICO
-1,500
—1,349
-1,504
15 ,859 -15,180
— E x cess o f im ports.
We subjoin the totals for merchandise, gold and
Bilver for tho six months since January 1 for six years.
M b b c h a m d ib s .
Six
Jtfos.
Excess
Exports. Imports.
Of
$
*
*
38.312
74.956
*4.735
68.480
1 8 9 3 . 3 8 8 ,3 9 7 •157.197 •68,800
1802 4 7 9 .1 6 3 •131.728 17.426
1807. 190 .762 4 5 2 ,4 8 0
1896. 4 4 4 ,0 1 2 3 6 9 .0 5 0
1805. 3 8 6 805 3 9 1 . f00
1891. 10 1,429 3 3 5.943
Go ld .
E x
ports.
T o ta l g o ld an d le g a l t e n d e r s ........ $22 ,011 ,00 0 $ 1 6 ,889 ,00 0 G ain $ 5 ,1 2 2 ,0 0 0
Amount of bullion in principal European banks.
July 15,1897.
Bank of
Gold.
£
England.......
France........
Germany.....
Aust.-Hung’y
Spain...........
Netherlands.
Nat.Belgium*
Tot.this week
Tot. prev.w’k
July 16, 1890.
Gold.
Silver.
£
£
£
£
30,731,125
129,528,097
42.767.000
49.181.000
19.076.000
9.531.000
4.201.000
48,187,008
81,876,128
29.472.000
27.313.000
8.400.000
2.035.000
2,629,007
50,139.464
14.H54.000
12,887,000
11,54.0.000
0,920,000
1,314,333
48.187,008
182.015,592
44.320.000
40.200.000
19.940.000
0,555,000
3.943,000
| Silver. | Total.
1
£
86,731.125| ..............
80.517,683 49,010,414
28.210.000 14,547,000
36.619.000112.662.000
8.036.000 10,740.000
2.032.000 6,949,000
2,800,667 1,400,333
lotdL
196,346,475 95.308.7471291,055.222 200,618,463 97,054,797 298.173,200
195,553,539 95,603,753 291,057.292 199,747,246 97,527,329 297,274,576
Excess.
39.723 -27,037
37,871 —36,700
—705
1,983
019
+7,314
560 +8,905
050
+ 6.974
81,412 -41,290
247
T o t a l___
$ 3 ,089,000 G a in .$ l,9 2 2 ,0 0 0
13,800,000 G ain. 3 ,2 0 0 ,0 0 0
.-------------- 1895-6.-------------
Excess.
f
171.002
266.933
240,24 6
71.092
66,568
66,706
882,007
582
010
1,227
353
380
441
3.602
N et Change in
B ank Holdings.
not a ll o f t h e d a t e g i v e n a t t h e h e a d o f t h e c o lu m n , t h e y a r e t h e re
turns i s s u e d n e a r e s t t o t h a t d a t e —t h a t is , t h e l a t e s t r e p o r t e d f i g u r e s .
1
1
152,434 +69,010
159,490 +1*0,291
1 86.913 + 74.084
101,323 -23.851
79,858
-1,470
84,824 -10,651
761,374 +287.613
61,031
T o t a l . .. ..
G o l d In O r e .
J u ly -S ep t...
68
O ct.-D e c ___
06
Jan .-M arch
89
A p ril............
3
M a y ............ .,
1
J u n e ........... ................
O ut o f
B m ks.
N o t e .— W e r e c e i v e t h e f o r e g o i n g r e s u l t s w e e k l y b y c a b l e , a n d w h il e
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 fo llo w in g tables th r e e olphers (000) are in all eases om itted.
--------------- 1896-7.---------------*
N et In terio r
M ovem ent.
G o l d . . . . . .....................................................
The market closed steady on Friday with the posted
rates at 4 87 for sixty-day and 4 88 for sight. Kates
for actual business were 4 86@4 86£ for long. 4 87@
4 87J for short and 4 S7J@4 874 for cable transfers.
Prime commercial bills were 4 8o|@4 85f and docu
mentary 4 8o@4 8of. The Bureau of Statistics at
Washington has this week issued the statement of
the country’s foreign trade for June, and we give
the figures below in our usual form.
ftlerch’ dise. 1
J oly -S e p t... 221,450
O ct .-D e c ....
339.781
Jan.-March. 261,027
A p r il............
77,072
May...........
77,882
74.175
J u n e ............
T o t a l ....... 1,0.11,987
G o ld J u ly -S ep t...
12,030
O ct .-D e c ....
1,171
Jan.-M arch.
1.281
A p ril............
7,933
M a y ..............
9.408
Jun e............
7.624
T o t a l........
40,113
S liver.
Ju ly-S ept...
16,513
O ct .-D e c ....
16,589
Jan.-M arch.
13.674
A p ril............
4,931
M a y ..............
4.337
5.C87
J u n e .........
R eceived by Shipped b y
N, Y . Banks. V. Y . Banks.
W eek E n din g J u ly 16, 1897.
DAILY POSTED BATES FOB FOBBIGN EXCHANGE.
B r0,n i Br0>-.......{s?B hL .’
Baring.
f 80 days
M agoun A C o.. ( Sights.
Bank British
(6 0 days
N o. A m e r ic a .. 1 Sight—
Bank o f
J 60 days.
M o n tr e a l.........t S ig h t-.
Canadian Bank (6 0 days.
o f C om m erce.. \ S ig h t....
H eldelbach, Ick - 160 days
elh eim er <k Co. \ S ig h t....
[VOL. l x v .
Im
ports.
Si l v e r .
E xcess
of
E xports
E x
ports.
Im Excest
o f Ea
ports.
port»
t
i
t
i
»
26,399 6,22« 20,171 28,189 1 5,04s'
4 2 ,9 9 2 25,944 1 7,048 30.204 14,794
3 5 .5 4 9 26,810
8.733 2 3.933 1 O.390
7 0 .930 11,782 59,148 23,884 7.813
7 3.71811 1,769 61.969 19,552 9,573
11.509 8.O30 3 3.533 14.790 8.105
*
13.141
15,470
13,543
16,071
9,979
6.685
• E x cess o f im p orts.
In the last table gold and silver in ore for 1895, 1896
and 1897 are given under the heads respectively of
THE
COAL
S T R IK E A N D
TRUST
D E C IS IO N r
The anti-trust laws, which the last Legislature of
this State passed, promise to have a very short life.
They ought to have been entitled “ laws to reduce
wages, to hoodwink labor and to prevent capital from
earning any interest on its investments. ’ To-day the
country is having this truth enforced by a sort of ob
ject lesson, and it would be greatly to its advantage if
the people would study the picture closely ; it repre
sents in a graphic way an important, if not a startling,
development of deep interest in connection with this
decision.
What is at the moment more than all things else
threatening business revival? No one hesitates in the
answer ; it is the strike of the miners in the bituminous
coal district, which may possibly extend until it in
cludes even the anthracite coal sections. Every in
dustry in the land is more or less disturbed by
it, and every incipient enterprise suppressed.
And
yet that strike is the natural fruitage of just such
kinds of legislation as that to which this New York
law belongs. The effort to deprive the coal business
and carriers of profit has compelled owners to reduce
wages and hours of work until the poor miners can
not live on what they earn. Bear in mind that this
situation we have described is true in every particu
lar and can be proved to the satisfaction of every one
except those who, ostrioh-like, stick their heads in a
rank undergrowth of deceptions which politicians
have cultivated for the purpose of misleading wageearners, making them their tools by keeping them in
such surroundings that they cannot see their own in
terests.
For the present, at least, all hope of getting- out of
this entanglement seems to be through the courts.
How near confiscation they will permit legislation togo under the guise of suppressing trusts is the problem..
The decision of the United States Supreme Court in theTrans-Missouri Freight Association case, we need not
J ot/? 17, 1897.]
THE
C H R O N H LE.
89
say, was a great disappointment, and for a time and ceeding, while the application itself leads to no judg
until leading lawyers thought they saw a narrower scope ment or determination of the Court. The Justice also
to its application than they at first feared, it was ex cites very fully the law applicable to such a state of
tremely disquieting. Since then there have been some facts, and concludes “ that the duties imposed by the
decisions which have inspired a hope that this kind of statute upon the Justices are therefore not judicial
craze had culminated—or, perhaps better, was reach but are merely ancillary or auxiliary to the Attorneying its limit of audacity. The one this week referred General in the performance of his duties.” This being
to above has been of that character, and consequently the case, he concludes that it is beyond the power of
has given great satisfaction in conservative circles. the Legislature to devolve those duties on the Justices
Justice Chester finds some decidedly faulty features in of the Supreme Court.
the New York trust laws of last winter, although the
The next weakness Justice Chester brings to light
questions raised on the argument as to the constitu is of a different character and more general in its ap
tionality of the substantive provisions of the Act that plication. He shows that the procedure which the
make up the first and second sections were left unde- Act by its terms authorizes presents a case of serious
cided. What was decided, though, was substantial j infraction of the constitutional rights and privileges
and throws outside the sphere of the legislator dan- of a witness charged with a crime. His argument is
gerous powers the Act assumed he possessed.
of considerable length and appears conclusive. The
The motion upon which the conclusions referred to |basis of this charge is Section 7th. That section provides
were reached was a motion made to vacate a previous Jthat no person shall be excused from answering any
order granted by Judge Chester on the applies-1 question that may be put to him on the ground that it
tion of the Attorney-General in May last com pel-' may tend to convict him of a violation of the provisions
ling the presidents of the anthracite coal roads to |of the Act, notwithstanding Section 2 makes sueli violaappear before a referee as witnesses in a proceeding Jtion a misdemeanor and on conviction punishable by a
begun for the purpose of determining whether an fine or imprisonment, or both. The Justicequotes largely
action should be commenced against the said com- from opinions in various cases cited. Substantially they
panies. The first two sections of the law described all agree in enforcing the same doctrine that “ these
the kind of acts and agreements prohibited, claim- constitutional and statutory provisions have long been
ing
that
they
suppressed
competition.
en- regarded as safeguards of civil liberty quite as sacred
hanced price and were consequently detrimental and important as the privileges of the writ of habeas
to public interests. Those sections, as already corpus or any of the other fundamental guaranties
stated, the Justice did not pass upon. The questions for the protection of personal rights. When a proper
before him related primarily to the subsequent por- j case arises, they should be applied in a broad and libtions of the Act which have reference to procedure, ! eral spirit in order to secure to the citizen that immnand hence it was not needful to examine and come to Jnity from every species of self-accusation implied in
a definite conclusion with reference to the main provi- j the brief but comprehensive language in which they
sions of the law. His first finding was that the law 1are expressed.” “ It seems that in such cases nothing
imp<>aes upon the Justices of the Supreme Court non short of absolute immunity from prosecution can take
judicial functions. The method it provides is that the the place of the privilege by which the law affords
Attorney-General may. for the purpose of determining protection to the witness.”
whether an action or proceeding should be com
In the case of the law under review the latter part
menced, present to any Justice of the Supreme Court of Section Seventh attempts to give immunity to the
an application for an order directing such persons as witness, but the section does not by any means afford
he may require to appear before the Justice or a ref complete immunity. The words providing relief are
eree and answer all relevant and material questions put that “ the testimony given by the witness in a pro
to them concerning any illegal contract, etc., in viola ceeding or examination under this Act shall not be
tion of the Act. After the examination the testimony given in evidence against him in any criminal action
taken must be certified and delivered to the Attorney- or proceeding, nor shall any criminal action or pro
General. If it appears to the satisfaction of the Jus ceeding be brought against such witness on account
tice to whom the application for the order is made that of the testimony so given by him.” These words, as
such an order is necessary, then the order shall be Justice Chester well says, come far short of affording
granted.
absolute immunity to the witness from prosecu
Judge Chester says that these provisions very clearly tion. To be sure, no criminal action or proceed
show an attempt to impose upon the Justices of the ing could be brought against the witness on
Supreme Court non-judicial functions and cannot be account of the testimony given. This, though, says
sustained. His argument in substance is that the the Justice, would not protect him from an indict
examination authorized is merely to aid the Attorney- ment, prosecution or from punishment for a violation
General in determining as to whether or not he should of the provisions of the Trust Act, which violation
commence an action. This, he says, is clearly an ad might be disclosed by facts or circumstances appear
ministrative function and one which simply aids the ing in the testimony drawn from him under the com
Attorney-General to determine a question relating pulsion of this examination and in relation to which
wholly to the proper discharge by him of a public the law expressly states that he shall not be excused
duty. The testimony is not required to be filed in from testifying. To be complete, the immunity should
C ourt; it is merely turned over to the Attorney- give entire exemption from prosecution to the witness
General for his information. Until an action or pro for the crime which is sought to be discovered by the
ceeding is brought there is no controversy in Court, no examination and which discovery is the chief purpose
issues and no parties. The Justice performs no func of the examination. It would be interesting to give
tions except as described above. Moreover, there is more fully Justice Chester's views and the opinions he
no cross-examination of witnesses, and the testimony, cites on this" point. We have not the space to-day.
if it can be called such, could not be used in any pro They seem to fully bear him out in his statement that
THE
«0
C H R O N IC L E .
••this discovery cannot be had (if constitutional safe
guards are to be regarded) from the mouths of the
witnesses concerned in the alleged agreement.
The other defect Justice Chester mentions is the
insufficiency of the petition. This may be considered
by many a mere formality which can be easily rem
edied. It is a formality and can be remedied, but not
bo very easily.
The petition did not undertake to
present any evidence affecting the questions at issue,
except hearsays— that is assertions made on informa
tion and belief, many of them of course idle gossip.
One of the provisions of the trust law is, “ that if it
appears to the satisfaction of the Justice of the
Supreme Court to whom the application for the order
is made that such order is necessary, then such order
Bhall be granted.” It is a well-settled rule, says Jus
tice Chester, that orders for preliminary examinations
of witnesses or for the production of documents are
in all cases discretionary. That it was the intention
of the Legislature not to interfere with this salutary
rule, but to require proof of the necessity for the
hearing, is made entirely clear by the above quoted
provision that such order shall be granted “ if it ap
pears to the satisfaction of the Justice” * * *
“ that such order is necessary.”
The foregoing is a brief recital of Justice Chester’s
conclusions with reference to practice and operations
under the new anti-trust law. His restrictions will be
seen to have a wide effect. Notice for illustration the
character of the changes the Attorney-General will be
called upon to make in his next petition if it con
forms to these findings.
Positive declarations not
rumors will need to be its substance. Sworn and de
tailed statements of facts— such evidence as unemo
tional courts of law admit— must be the form in which
the charges contained in the application brought be
fore the Justice appear. These affidavits, too, will
have to bo prepared with diligence and with care, for
the Judge must be satisfied from the evidence that an
order and a hearing are necessary, and that too after
shaking out all the chaff which from the character of
the subject seems naturally or necessarily to settle
around and upon these anti-trust doings. His aim
must be to get at the kernel of truth left and from
that make up his mind.
BREADS TUFFS EXPO R TS
F O R E IG N
AND
OUR
TRADE.
W ith the promise the present year of another large
yield of our leading grain crops, there is the prospect
also of another year of large grain exports, especially
as it seems likely that the outside world will have need
for all the supplies we can furnish. A study therefore
of the breadstuffs exports for the late fiscal year (end
ing June 30), when the movement was so full and free
and played such an important part in the country’s
foreign trade, will be both interesting and useful. We
shall expect next week to review the full foreign trade
results for the twelve months, but to-day shall con
fine ourselves entirely to the breadstuffs movement.
Perhaps the best way of showing the extent to which
the breadstuffs exports contributed to the late year's
favorable trade results is to say that in money value
these breadstuffs exports increased over 56 million
dollars as compared with the previous fiscal year and
nearly 83 million dollars as compared with two years
ago. The aggregate declared value of the shipments
for the twelve months was close to 200 million dollars.
[V ol.
L
X
V
.
Of course we can not give exact figures yet, but based
on complete returns for the eleven months and par
tial returns for June the total was $197,417,408. In
1895-6 the amount was only $141,356,993 ; in 1894-5
but $114,604,780.
There have been years when the breadstuffs exports
have run even in excess of 200 million dollars—in one
quite recent year they approached close to 300 million
dollars—but that was when prices were very much
higher and when the wheat shipments were extraordi
narily heavy and contributed in an unusual way to
swell the total. In the late year the outward movement
of wheat, as we shall presently see, was of hardly more
than average proportions, and the distinctive feature
of the breadstuffs exports was their varied character.
In other words, not merely an increased outflow of one
of the cereals but a general expansion in the export
movement of the whole body of cereals accounts for
the improved results. In the case of several of the
cereals indeed, the late year’s exports break all pre
vious records, while on the other hand the year’s
wheat and flour shipments have been many times ex
ceeded in the past.
Thus the character of the breadstuffs exports has
broadened, and this is an essential fact to bear in
mind.
It shows that in calculating whether this
branch of our export trade is to be large or small it is
not sufficient to consider merely the position and pros
pects regarding wheat (though this remains important
as before), but that the harvest outlook and condi
tions affecting the other cereals must also be taken
into account. The bearing of this on the breadstuffs
exports during the fiscal year which has just begun is
obvious. The large exports of the various cereals
during the late twelve months followed from the gen
erally favorably character of the harvest in 1896,
added to a good demand for our surpluses by Europe.
Indications point to a continued eager demand from
Europe the current twelve months, while at the same
time advices from the West encourage the belief that
the present season’s harvest, like that of last year, will
be generally abundant, insuring it would seem con
tinued large exports.
The growth in shipments to which we refer extends
to barley, to rye and to oats, as well as to corn. The
first three are usually considered minor cereals as far
as their importance in the export trade is concerned,
but in 1896-7 the value of the shipments of these three
articles was in excess of $20,000,000. On the other
hand, in 1895-6 the exports of the same articles was
valued at only about $7,000,000. Here then we
have an increase in simply these minor forms of
breadstuffs of 13 million dollars. Of rye the ship
ments were over 84 million bushels, against less than a
million bushels in the previous fiscal year. In this
case it happens that the 1896-7 total has been once
exceeded, the failure of the rye crop in Russia and
other countries of Europe in 1891 having led to an
unusual demand (at high prices) upon the United
States in the fiscal year 1891-2. Of barley the exports
in 1896-7 were over 19 million bushels, against only 7§
million bushels in 1895-6 and but 14 million bushels in
1894-5.
Still more striking has been the expansion in the
exports of oats. Back in 1890 the oats exports for one
year rose to 13§ million bushels, but this was followed
by a decline to less than a million bushels the very
next year ; after that the amounts varied considerably,
and it is only during the last two years that the up-
J uly 17, 1887.]
THE
C H R O N IC L E .
91
Even though only a little over 30 cents a bushel was
ward movement has been large and sustained. For
1894-5 the shipments were but little more than half a realized on the corn exports of the late year, the large
million bushels— in exact figures 589,977 bushels; increase in the quantity shipped added greatly to the
when from this there was an increase to over thirteen aggregate value of the shipments, making the total
million bushels (13,012,590 bushels) in 1895-6, it for 1896-7 154,083,349, against #37,836,862 for 1895-6.
seemed to many as if there was little chance for fur This is an increase of 16} million dollars, which,
ther growth in the immediate future. But now we added to the 13 million dollars increase in oats,
find that for 1896-7 the exports of oats were in excess barley and rye, accounts for nearly 30 million dol
of 35 million bushels— 35,090,000 bushels. In other lars of the 56 million dollars increase in the breadwords, in two years the oats exports have risen stuffs exports of all kinds in the late year. Of the
from practically nothing to over 35 million bush remainder, the bulk was. supplied by the wheat
els.
And the price obtained, relatively speaking, exports.
The value of these wheat exports in the late year
was quite fair, the average being about 25 cents per
was. roughly , 116 million dollars. This compares with
bushel.
Noteworthy though these results are, it is when we 91} million dollars in 1895-6 and 95} million dollars in
come to corn that we see presented the most remarkable 1894-5, but with 128f million dollars in 1893-4,
evidence of growth and expansion. The exports of that 169 million dollars in 1892-3 and 236} million
cereal in the late year reached the enormous total of dollars in 1891-2. Thus, while the corn exports,
177 million bushels. This is 77 million bushels better the oats, the rye and the barley exports were
than in the previous year and about 150 million bush in comparison with other years all of exceptional pro
els in excess of the corn exports of two years ago. In portions, there was nothing out of the ordinary in the
brief, in two years the outward movement of this size of the wheat exports in value. Looking at the
cereal has risen from 27 million bushels to 177 million j quantity shipped, we find that 145 million bushels went
bushels. The corn crop is by far the largest crop out (counting flour at its equivalent in wheat) in 1897,
raised in this country, but we are accustomed to against 1264 million in 1886, 144} million in 1895,
look npon it as important only in the sense that it is 164} million in 1894. 192 million bushels in 1893 and
very essential for our home wants. The fact that it 225} million bushels in 1892. As compared with this
’ has risen to such large dimensions as an export staple |last-mentioned year, which stands without a parallel
reveals a now phase of advantage. We doubt, too, in the country’s history, the decline is over 80 million
whether many, even among those well informed, had bushels. In that year, too, exporters realized #1 02
any idea that the shipments of the cereal had reached |per bushel, while in the late year the average was
such a really imposing amount. At 177 million only a trifle over 75 cents a bushel. In this mat
bushels the total is 32 million bushels in excess even ter of price the result in 1896-7 has been a dis
of the wheat exports, a very unusual occurrence. It tinct disappointment. The average is, indeed, bet
has happened only once previously that the corn ex ter than the averages for the three previous years,
ports have reached or exceeded 100 million bushels, which were respectively 65*5 cents. 57*6 cents and
namely 1885MH), when the shipments fell just a little 67*2 cents, but with that exception it is the lowest on
short of 102 million bushels. The total for 1890-7 is record.
As to the outlook for the current year, the winterover 70 per cent in excess of this previously unex
celled total.
wheat yield will be a little better than that of last year,
OI course the corn went out at extraordinarily low and the spring-wheat crop promises to be decidedly
prices, the average being only a little over 30 cents a better. On the other hand, supplies and stocks are
bushel—30*6 cents. We print-further below the record smaller than a year ago, the Produce Exchange re
for the last twenty-four years, and during that period porting a visible supply of only 16,609,000 bushels on
the price has never previously been so low. In 1895-6 the .Inly 10 1897, against 47,220,000 bushels at the eorreaverage was 37*8 cents, in 1894-5 52*9 cents ; in 1889- sjHjnding date of the preceding year. There can be
90. when the previous maximum of the exports was at no doubt that the world will be ublo to take all
India, Aus
tained, the average was 41*8 cents. Doubtless the low the wheat we shall havo to spare.
price greatly stimulated the outflow, and with a con tralia and Argentina are none of them in con
tinuation of such low values we may be sure the ex dition to furnish their customary supplies. In ad
ports will be very large also the present year. The dition the accounts from the Danubian Provinces, which
country produced 2,283 million bushels of corn in 1896 are important contributors in supplying Europe’s
and 2,151 million bushels in 1895, and the promise food wants, have latterly been quite unfavorable, it
is for another large crop the present year, unless in being reported that rains and inundations had dam
deed the weather conditions in subsequent weeks aged the various crops from 20 to 40 percent. Besides
should alter this prospect. Then also the reserves in this the French wheat crop is expected to prove de
farmers hands from the two previous crops are un ficient. though in this case the accounts are rather
usually heavy. At the same time Europe is in posi conflicting.
The indications thus point to a better range of
tion to take large amounts of our surplus, first be
cause the promise as to the world’s wheat crop is by values for wheat the present year. The shipments
no means such as to indicate full supplies of that also, we have seen, are likely to be large. Further
prime cereal, and secondly because the corn crop more, the promise is for another year of full exports
also is short in some principal producing countries. of corn, oats, rye and barley. Altogether, according
As bearing out this latter remark, we may note that a to present indications the breadstuffs exports the
dispatch from Buenos Ayres a short time since stated current year seem likely to play as prominent a part
that the export surplus of the maize crop of Argentina in our foreign trade as they did in the year just
was estimated at only 300,000 tons this year, in com closed. We annex the record of the breadstuffs ex
parison with over 1,000,000 tons in each of the two ports, both in quantity and value, for the last twenty
four years.
preceding seasons.
THE
92
VALUES OF EXPORTS.
Fiscal Year
1 IVTlfaf.
ended
j
June 80.
u'fcral
Flour.
Total
W heat A
Flour.
Com .
*
»
t
t
Tot. W heat
Total all
C om
Br'dstuffs.
A Flour.
$
,101,421.459j 29,258,094 130,679,663 24,769.951
1874
...............
59,607,863 23.712.440' 83,320.303 24,460.937 107,777,240 111.458.265
1875
...............
131,181,555
1878......... 68.382.899j 24,438,470! 92,810,309 33.265,280 126,081,640
110,420,75-l| 117,806,476
, 47,136,562 21,668,947 , 08,799,609, 41,621,245
1877
...............
96,872.016125,096,721 121,967,737 48.030.358 169,908,095 181,777,841
1878
...............
.180,701.070j 29,507,713 100,268,792! 40,055,120 200,923,912 210,355,528
1879
...............
.j l90,M0,305j 35,333.197 225,879,602; 53.298,217 270,177,749 288,036.835
1880
...............
1881......... .1167,098A85‘ 45,047,257 212,745,712 50,702,669 203,448,411 270,332.519
178.150,603' 182,670,528
1883......... .lll2,C~. ,«i8j 36.376.055 149,304,773 28.845,830 '202,459,882'208.040,850
.1119,879,341L54 .S24.450 174.703,800 27,756.082 1153.814,418 162,544,715
1883
..............................
. 75.026.078 51.139,690 126,106,374 27,048,044
1884
...............
1885
............... 52,140,330 125.079,433; 28,003,863 153.083,296 100,370,821
120,436,5921125,816,558
1888......... . 50,202.715 38.442.056 88,705,670 31,730,922! 102,018,9241
105.768,662
90,716,481 51,050,082 142,006.503 19,347.361
1887
...............
124,375,128 127,191,687
56^41y4C8 54,777.710 111,019.178 13,355,950
1888
...............
41,052,701 45,896,485 86,910,180 32*982.277 110,931,463'123,876,061
1889
...............
45,876,000 57,030,168 102,312.074I 42,658,016 j144,970,089 154,925,927
1890
...............
1891......... 51,420,272 54,706,016 100,125,888 17,052.<$871 123,778,575 128.121,656
1802......... 101.399.13 J 75.362.28 i 230,761415 41.590,430 278,351,876 299,363.117
1898......... 93.534,570 75,404.347 109,029,317 2 4.597,51l' 103,616,828 200,312.054
69,407,041 09,271,770 12-^,078,811 80,211,154 158,889,9051160,777,229
894
...............
43,805.063 51,651.028 95,157,69 ij 14,050,707 110,106.3581114,604,780
895
...............
1896..........
I 897*.......
39,709.808 52,035.217 91,735,OSS | 37,836,802 129,571,947] 141,350,993
59.920,1741 55.903.458 116.823.032 54.083.34w 169.900.981 197,417,408
QUANTITIES EXPORTED.
tB A e v s s r
Ui Y ear ended
June 30.
W heat.
874....................
1875....................
1870....................
1877....................
1878....................
1879..................
880....................
1881....................
1882....................
1883....................
834....................
l a s s ..................
1886....................
1887....................
1888....................
1889....................
1890..................
1891....................
1802 ...................
1 8 9 3 ....................
1894....................
1895 .................
1890 .................
1897*.................
Bush.
71,039.928
53,047,177
55,073,122
40,325,011
72.404.901
122,353,900
153,252,795
150,505.477
95.271,802
106.385.828
70,349,012
84,053,714
57.750,209
101.971,949
65,789,261
40.414.129
54,387,707
55,131,948
157,280,351
117.121,109
88,415,230
70,102,704
60,e50,080
79,520,012
Av'ge
per
bush.
»
1*428
1*124
1-242
1169
1-338
1-068
1-243
1*118
1-185
1-127
1-006
0-862
0-870
0-890
0*853
0-897
0*832
0-033
1-020
0-709
0*672
0-576
0-055
0 753
Av'oe
Tot. W heat
per
and Flour.
bbl.
Flour.
Bbls.
4.094,094
3,973,128
3,935.512
3,343,665
3,917.333
5,029,714
0,011,419
7,945,786
5,915,686
9,205,661
9,152,260
10,648,145
8.179,241
11,518,449
11,908,574
0.374,803
12,231,711
11,344,304
15,196,769
10.620,330
16,859,533
15,268,892
14.020,804
14.500.825
Bush.
1
7-140 89,463.351
6-001 70,926,253
0-208 72.7S2.920
6-479 55,372,104
6-358 90,167,959
5252 147,687,649
5-878 180.804,180
5-060 186,321.514
0-149 121,892,389
5950 147,811,316
5-588 111,534,182
4-897 132,570,366
4-700 04,565,703
4-510 153,804,960
4-579 119,025,344
4-832 88,600,743
4-063 109,430,40*
4-822 106,181,310
4-959 225.605.Mli
4-542 191,912,631
4-10W 104,233,119
3*383 144,714,14H
3-55b 126,443,968
3 839 14 \ 0 ' 6,724
Corn.
Bush.
34,434,000
2S,858,420
49,493,572
70,800,983
85,401,098
86,296,252
98,109,877
91,908,175
43,184,915
40,580.825
45,247,490
51,834,410
03,055,433
40,307,252
24,278,417
09,592,929
101,973,717
30,768,213
75,451,849
46,037,274
05,324,841
27,691,137
99,992,83 j
170,905.^94
Av’ge
per
bush.
*
•719
•847
•672
*587
•502
•471
*543
•552
•008
•084
•611
•540
•498
-480
•550
•474
•418
*574
•551
■534
•402
•529
*378
*300
* Figures for 1897 are subject to slight corrections.
Stated in Rx. and omitting the last three figures,
the imports and exports of merchandise, gold and sil
ver in each of the last eight years, and the total for
each year are shown in the annexed table. It should
be explained that the imports made by the Indian
Government are not included. They consist of mili
tary and other stores which, it is thought, can be most
advantageously supplied by the India Office in Lon
don. As a rule, however, the Indian Government
purchases such commodities as it requires in India,
whether they are imported or produced in the country.
The Government imports do not vary very greatly
from an average of Rx. 3,500,000 per annum ; hut of
course this amount must be added to the ordinary im
ports in any attempt to ascertain the “ balance of
trade.”
Imports—
1889-90......
1890-91......
1891-92......
1892-93......
i 893-94......
1894-95...... '
1895-96......
1896-97......
Exports—
1889-90......
1890-91......
1891-92......
1892-93......
1893-94......
1894-95......
1895-96......
1896-97......
Merchandise.
Rx.
.. 66,560,000
.. 69,035,000
.. 66,587,000
.. 62,605,000
.. 73,957,000
.. 70,167,000
.. 69,316,000
.. 71,954,000
Gold.
Rx.
5,071,000
6,501,000
4,119,000
1,782,000
3,147,000
1,756,000
5,029,000
4,491,000
Silver.
Rx.
12,388,000
15,419,000
10,604,000
15,228,000
15,279,000
7,803,000
8,330,000
8,584,000
Total.
Rx.
84,019,000
90,955,000
81,310,000
79,615,000
92,383,000
79,736,000
82,675,000
85,029,000
..103,397,000
..100,136,000
..108,036,000
..106,536,000
-.106,448,000
..108,815,000
..114,263,000
..103,914,000
456,000
865,000
1,705,000
4,594,000
2,505,000
6,730,000
2,503,000
2,200,000
1,386,000
1,207,000
1,433,000
2,335,000
1,519,000
1,428,000
1,729,000
2,726,000
105,239,00 0
102,208,000
111,179,000
113,465,000
110,472,000
116,973,000
118,495,000
108,840,000
Perhaps the most striking conclusion to which these
figures seem to point is that the inveterate power or
disposition of India to absorb the precious metals has
been very seriously weakened during the last three or
four years. A summary of the figures of imports and
exports of gold and silver here presented gives the
following results, comparing the particulars of the
first and the last four years with each other.
Gold.
Years 1889-90 to 1892-93—
Ttx.
Imports...........................................................17,473,000
Exports.......................................................... 7,620,000
Excess or imports.............
Total excess of imports...
Tears 1893-94 to 1896-97—
Imports....................................
AMERICAN VERSUS RUSSIAN PETROLEUM—INDIAN Exports.....................................
TH E F O R E IG N
TRADE
O F IN D IA
I N 18 96-7.\
WHEAT—COTTON GOODS, IMPORTS
[AND EXPORTS.
^Manchester, July 3.
Within the last few days I have received from Cal
cutta the official statistics of the external sea-borne
trade of India during the year ended March 31 1897.
Those referring to the much less important trade car
ried on over the long land boundaries, north and east
of India, will be published later on.
In order to obtain a proper comparison of the aggre
gate amount of imports and exports of the past year
with those of previous ones, it is desirable to take the
figures as far back as 1889-90, because in the interval
two great causes of disturbance have arisen—the clos
ing of the Indian mints to the coinage of silver on
June 26 1893, and the re-imposition and subsequent
re-arrangement of the import duties in 1894 and 1895.
The values are given in rupees, but it is convenient,
at least in a summary view of the whole trade, to state
them iu tens of rupees. At the old par of exchange
this denomination (Rx.) now commonly used was
equivalent to the £ sterling, but at the current rate
of exchange it is equal to only 12s. 4d., or almost ex
actly 3£ dollars.
I Communloated by our Speolal Correspondent at Manchester.
fVoL, LXV,
C H R O N IC L E ,
Silver.
Rx.
53,63i,000
6,366,000
. 9,853,000
47,273,000
.................................. 57,126,000
. 14,423,000
.13,938,000
39,996,00 0
7,402,000
Excess of imports................................
485,000
32,594,000
Total excess of imports........................................................ 33,079,000
It thus appears that India took from the world’s
supply of the precious metals in the first four years R x .
57,126,000, and in the last four only Rx. 33,079,000.
The difference is Rx. 24,047,000, or about $80,156,000
— more than $20,000,000 per annum. Still, even last
year she absorbed of gold Rx. 2,291,000 and of silver
Rx. 5,858,000, making altogether Rx. 8,149,000, or
about $27,163,000.
Clearly enough, however, India has during the last
four years taken no large quantity from the world’s
supply of gold beyond the absorption of her own pro
duction, which is considerable. Yet she has contin
ued, notwithstanding the closure of the mints, to de
mand silver, of which she produces an inappreciable
quantity, though in much diminished amount. It
must he noticed, though, that during the famine the
holders of silver ornaments and other forms in which
the natives are accustomed to store their wealth have
been much disappointed by the reduced number of
rupees obtained for them in consequence of the closure
of the mints, and it may be confidently anticipated
that the net imports of silver into. India during the
current year will show a considerable falling off.
THE
J uly 17, 1897.]
C H R O N IC L E .
India continues to import, almost steadily, an in
creasing amount of petroleum, or as it is called in the
official returns “ kerosine.” The American product
is, however, steadily yielding to that of Russia. In
1893-4 a large speculative import from the United
States created excessive stocks and prices fell consid
erably. After these were worked off the demand set
in again with considerable force and prices rose. In
the subsequent revival of the trade the Russian oil
came especially into favor because of its cheapness,
and it has now largely supplanted the American
product, as the following statistics of the imports
during the last three years conclusively show.
93
of an increase in the Indian consumption of imported
cotton goods. This may be, and doubtless is, at
tributable to some extent to the famine and the
plague which has afflicted Western India. Mainly,
however, it must be ascribed to the scarcity of money
consequent upon the closing of the mints, and the
enlarged requirements of currency due to the advance
in the prices of food grains throughout the country.
At present the demand in Manchester for cotton
goods for India, though somewhat more active than it
was a month ago, is still far from being of normal
amount, and a good many looms usually engaged in
producing for India are still idle.
IMPOSTS OF KEEOMXE 011-
1894-5.
Gallant.
United States........................... 23.57S.631
Russia........................................ 26.612.718
Other countries.......................
173,275
1895-6.
Gallant.
22.493,638
39,875,692
943.092
1896-7.
Gallant.
18,201.557
42.676,180
4.285,516
Total.................................... 50.364,624
63,312,422
65,163.253
The exports of wheat from India during 1896-7
were of course very small, owing mainly to the scanty
production of the spring harvest of this and last year,
wheat being in India mainly a winter-grown crop.
But the falling off was partly due to the failure of
the summer-grown crops of other grains in 1896,
and the consequent necessity of using other kinds of
indigenous food, where included, as substitutes for
the summer-grown millets and other grain.
The following table gives the quantity of wheat ex
ported from India in each of the last eight years :
Exporrt or wheat.
out.
I
CVtt
1869-90........................ 13.79o.224 ; 1893 94.......................... 12.156,551
1890- 91..................... 14,320.496 1894-96............................. 6.8-7.791
1891- 92..................... 30.303.425 ! 1895-96.......................... 10,002.912
1892- 03.....................14,973,453 1696-9'............................. 1,910.553
It cannot for a moment be supposed that India, as
a source of wheat supply for the rest of the world, is
ah jut to be extinguished. On the contrary, with the
return of favorable seasons, it may be anticipated with
confidence that the countless number of wells and
reservoirs which have been constructed or repaired
during the last twelve months in the Northwest
Provinces, the Punjanb and other parts of the north
ern part of the Dependency, embracing substantially
the whole wheat-producing area, will go far toward
ensuring in the future with a normal rainfall a much
larger supply for export than that of the past vear.
The imports of cotton piece goods into India during
the last three years have been greatly influenced by
the changes in the import duty. The quantities im
ported, in yards, since 1889 are shown in tho annexed
table.
no-oKTs o r c o r r o s piece oood*.
Gray,
JlUarJud,
Calortd,
Yardi
Tarda.
Tarda,
1889-00........1,257,901.000 339.098.000 400,949,000
1990-91....... 1,280,540,000 373,149,000 360,335.000
1691-02....... 1,173.176.000 301.393,000 348,117,000
1892- 93.... 1.092,594,000 376,359,000 339,111,000
1893- 94....1,311,039.000 393,130,000 422.320.000
1891-95........1,352,271.000 497.332,000 408.072.000
99596........1,066.146 000 333,754.000 311,679,000
1896-97........1.222,900.000 414.154.000 359.926,000
Tola! o f Pirrt
Gooda.Ynrrla
1,997,018.000
2,011.024.000
1.892.699.000
1.809.954.000
2.129.488.000
2,257,675,000
1,714,879.000
1,996,980.000
The imports in 1894-5 were excessive, owing mainly
to antici|iation8 that the exemption of cotton fabrics
from the 5 per cent import duty imposed in March
1894 on many other commodities would not be long
continued. In December of that year the duty was
extended to cotton goods, and of course the imports
fell off. Subsequently, however, owing to a reduction
of tbe duty to 3§ per cent and an imposition of an ex
cise duty of like amount upon piece goods produced
in the Indian mills, the imports increased. There is,
nevertheless, no indication in the returns just received
A
N A T IO N A L
SEA
S ID E
S A N IT A R IU M
IN
CHARLESTON HARBOR.
The people of South Carolina are engaged in a
movement that deserves to succeed. They are seeking
to have the National Government establish a sanita
rium at Castle Pinckney, in Charleston Harbor, South
Carolina, for the use of disabled officers and enlisted
men of the regular and volunteer army and navy of
the United States.
The project is in every way meritorious, and must
appeal both to the patriotic and humanitarian senti
ments of the people o f the whole nation. In the first
place the site proposed is excellently suited for such
a purpose.
In the second place there seems need
for such a home in the South proper, Hampton, Va.
being the nearest point at present providing anything
of the kind. In the third place, such an undertaking
would go far to remove the last vestige of sectional
feeling and animosity between the North and South.
It has been well said that no more appropriate spot
could have been selected than the point where Major
Robert Anderson, the gallant Union officer of 1861,
first drew his sword in defense of his country; for
Castle Pinckney, the proposed site, stands within the
shadow of Fort Sumter.
If the proposition to com
memorate this important event in this way had come
from the people of the North, possibly it might be con
sidered offensive to Southern pride. But it originated
with the people of the South, and it is they who are
so enthusiastic and zealous in its behalf. They are
advocating it, too, on the distinct ground that it
would be a monument to the heroic Anderson
and promote conciliation and reconciliation between
the North and South.
The
movement
was started
only a short
time ago. but already has made great prog
ress. A bill providing for the establishment of the
Sanitarium has been introduced in both Houses of
Congress.
Accompanying the bill was a petition
which shows better than anything else how unanimous
is sentiment in South Carolina iii favor of the project.
The petition was signed by the Governor of South
Carolina and all the State officers, by the members of
the State Supreme Court, the Judges of the United
States Courts, the Mayor and ex-Mayors of Charles
ton, the Roman Catholic Bishop of Charleston, the
Episcopal Bishop and the Methodist Bishop of South
Carolina, the president of the Cincinnati Society of
South Carolina, the pastors of all the churches in
Charleston, the presidents of all tho banks in the
city, tho presidents and managers of the railroad com
panies, the editors of the newspapers, the presidents
of the commercial bodies, the officers of the local mil
itary establishments, the General commanding the
South Carolina Division of the United Confederate
THE
5H
Veterans, the commandants of the several local camps
of Confederate Veterans, the local post of the Grand
Army of the Republic, and various other persons of
influence and prominence in Charleston and South
Carolina. Since then the proposal has received the
endorsement of the Department of Georgia G. A. R.
and other bodies, and there seems no doubt that it
will receive the approval of the Grand Army Encamp
ment at Buffalo the latter part of August.
The project is conceived in 3uch a lofty spirit, is so
benign in purpose, so beneficent and benevolent in its
aim. that absolutely nothing can be urged against it.
Wo suppose it would be expecting too much to ask
Congress to give consideration to a measure of this
kind at the present extra session, but at the regular
sessiou nothing should stand in the way of its enact
ment. The prime mover in the undertaking has been
Col. A. C. Kaufman of Charleston, and he deserves
great credit for his untiring efforts and the unselfish
way in which he is seeking to make the movement a
success. It has been suggested by the Grand Army
post at Charleston that the proposed home be known
as “ The Major Robert Anderson Sanitarium for the
United States Army and Navy.” The suggestion is
an excellent one, and is in keeping with the character
and purpose of the movement. By all means let Con
gress take early occasion to provide for the transfor
mation of Castle Pinckney into a sanitarium as pro
posed, thus giving effect to the wishes of both Con
federate and Union veterans.
R A IL R O A D
NET
E A R N IN G S
FOR
M AY.
Our compilation of the gross and net earnings of
United States railroads for the month of May makes
on the whole a very satisfactory showing. In the gross
the increase is §1,904,504, or 3‘22 per cent; in the net
the result is even better (reflecting in this the con
tinued practice of economy in the expense accounts),
the increase reaching $2,261,697, or 14-93 per cent.
The comparison is the best of any month this year. In
part this is due to the large and free movement of
grain, in part it follows from the fact that we are com
paring with results last year which were not as good
as in the months preceding. . Unfortunately the re
turns which have come in since the close of May do
not permit us to indulge the hope of any sustained or
general improvement as yet. The following are the
totals for May and the five months.
M ay.
(186 roads. )
1897.
1896.
Jan uary 1 to May 31
(131 roads, i
Inc. or Dec.
1897.
1896.
Inc orD ee.
4
t
1
?
*
*
G ross earn’s 61,077.156 59 172.952 -+1,904,504 296,378.361 287.C00.69U —822,338
Oper. e x p ... 48.607.103 44,024,302
-857.193 204.133,921 209,362.217 -5.228,2v6
N e te a rn ’g 17,410 847 ln.14S.650 4 2.261.697 82,24 4.440 77,638,482
+4,605,9?8
We have stated that comparison is with a month
in 1896 which did not show particularly good results.
This is evident from the fact that the gain in the
gross then was but $271,001, or only about one-half
of one per cent, while in the net there was actually a
loss of $1,106,871, or 7-13 per cent. The following
carries the comparisons back for a series of years.
F«ar and
nu'i.ber
o f road*.
Qrnsa E/i m inus
le n t
Given.
Vent
1Hr reuse or.
Dre-tiUim
Decrease j
May.
*
189 2 (131
e 0 /0 i,5 9 i 58,377.793
.1893 1131 65,018.71: 60.314.9 >2
1991 (141* 4 9.226.912 61,182,74 .
1495 (132* 53.511,262 50.051 3 '8
1396 (125) 53.754.704 53.483.713
1907 a 35) 61.077.456 59.172.952
1
+2,123.793!
+ 4 7 3.7*5
—11,935,834
+8.476.87*'
+ 27 *,001
4-1,804.504
S it klt'llillja
Year
Given.
Year
Increas- ;.r
Preceding. Decrease
*
1
17.239.000 18,122,794
19,278.127 10,097.981
12.253.187 18.518.56
15.700.680 12.890.715
14,400.625 15,513.496
17.410.347 15,148.050
[V'ot. uxv.
C H R O N IC L E
1
-833.785
+ 2 5*0,143
—6,253.373
+2.809,965
-1,100,871
+2.-261,697
Fear and
number
of roads.
N et Earnings
Gross E arnings.
Year
Given.
Jan. 1 to I
Year
Preceding
Increase or
Decrease.
$
May 31. I
18U2 UU i 29B.69fl.OW 279.584.5T 4-19,995,492
IS9.9 (1211 2*9, n3,1,'9 28 ’.893,6 1 +8,819.48'
t8P4 (140 240.9.17.18° 288.501,0 8 —47,623,2*4
1895 (1271 262.130,752 243.908,09'> +8,222.65
1898 (122 264.200.2*3 <553.1^2,130 +11,038.153
1897 (131lla-6.iyM.34t 247.000, flGU —622.331
Year
0 Iren.
Fear
Preceding
f
*
Increase or
Decrease.
f
85,042,483 81.371,8 S +3,371.225
82,357,120 82.6S3.429
—326,30?
63,243.443 79,506.703 —10.203,260
; 70,785,530 64.72l.4Pl +8,064,0*9
1 74,193.671 71,212.42
+ 2,’.'81,244
' 82.244,440 77.838,418 +4,808.068
As indicating the generally favorable character of
the showing for May, we may say that when ar
ranged in groups only two of the nine groups record a
loss in gross and only one of the groups a loss in net.
The anthracite coal group is the one showing a loss in
both gross and net, while the Trunk Line group has a
loss in gross with an increase in net. Among the sep
arate roads there are few with large decreases outside
of those in the Middle and Middle Western States, in
cluding the anthracite coal roads—the sections where
manufacturing industries abound—while on the other
hand the gains for large amounts come from nearly
all sections of the country. In the gross the Reading,
with the .Coal & Iron Company, has fallen $351,948 be
hind, the Pennsylvania $303,900 behind, the Lehigh
Valley with the Goal Company $194,270 behind, while
the Colorado Midland has lost $68,874, the Wisconsin
Central $56,478, the Norfolk & Western $42,367, the
Chicago & Grand Trunk $37,862, the Western New
York & Pennsylvania $35,400, the Wabash $33,969
and the Denver & Rio Grande $33,643. It will be ob
served that the roads here enumerated come mostly
from the territory referred to, hut that in addi
tion the Colorado roads are rather prominent in
the list. In the net the Reading with $92,858 decrease,
the Colorado Midland with $42,088 decrease and the
Western New York & Pennsylvania with $41,134 de
crease, are the only ones that have fallen behind as
much as $30,000, besides the Baltimore & Ohio,
which, with $20,942 increase in gross, has $85,907
decrease in net. The fact that the number of losses
in the net is so much smaller than the number in the
gross indicates the extent to which reductions in the
expense accounts operated as offsets to the losses in
gross. The Wabash is a conspicuous instance of this
type of roads, its loss of $33,969 in gross having been
attended by a reduction of $122,251 in expenses, thus
producing a gain of $88,282 in thenet. Following is a full
list of all gains and also all losses in excess of $30,000 :
PRINCIPAL CHANGES IN G R O S S EARNINGS IN M A Y .
In c re a se s.
D ecreases.
Chic. Burl. & Q iln cy... $354,443 Phil. & Read, and .& I. $351,948
Mexican Central..........
294,490 Pennsylvania................
303,900
Souiliern Pacific...........
265,283 L.Val. RR.and L.V. Coal
194.270
anadian P n cin c........
255.426 Colorado M idland.........
63.874
Arch. Top. & S. Fe........
238,090 Wisconsin C en tral.......
56,478
Uni «n Pacific................
197,161 Norfolk & Veatern. ..
4 '.3 6 7
Illinois Central.............
190 320
hie. & G and Trunk..
37,*62
Kan. C Pitts. & G ulf...
126.954 West V. Y. & Penn . . . .
35,400
Mexican National........
110.936 W a b a s h ..................
3 3 ,9 6 9
8outh-*rn Railway
109,84 4 Denver <fe Rio Grande..
33,64 3
Chic. Mil. <fcSt. Paul ...
101,720
Louisv. & Nashville___
82,021
Total (representing
Erie
.......................
78,115
16 roads)........ ...$1,153,711
St. Louis & an Fran...
57,034
Nashv. Chat. & 8t L .
51,534
Kau. Cit.v Ft 8. & Mem.
48,612
Oregon Short i ine........
37,742
St. Jos & G ’dIslaud..
36,967
Total (representing
25 roads)............... $2,636,691
PRINCIPAL CHANGES IN N E T EARNINGS IN M A Y .
\m rtjases.
I acreases.
Southern Pac’tic........... $291,309 N o r f o l k & W e s t e r n ___
$ 1 7 ,3 3 0
Chie. R u l & Q iiu cy ...
209,509 Oregon Iiupvt Co
41,712
Canadi n P a cflo.........
188.080 Nashv. 'i i t t & Sc L .
4 ',881
Illinois ContraL
__
175,779 Sc. Louis oc Sau Fran...
35.529
Chic Mil & St. Paul...
118,496
Pennsylvania. .............
1 >,7<>o
Total (representing
Wabash
......................
89,282
3 i roads)_______ .$1,902,745
Mexioan National........
76,622
Southern Rai.way ......
73,610
D ecreases.
Oregon Short L in e ___
65.078 Phil & Read a-idO.&I
$9 2,858
Louisv & Nashv............
64,245 Btlmiore
Ohio........
85.907
Union P a cific...............
58,272 Colorado Midland ......
42,“ 88
Grand T ru n k .......... ...
5«.^63 West. N. Y. & Penn......
41.134
Kan. C. Pitts <fc G u lf...
56.178
Pbil. Wllm & Balt __
5 2,500
Total (representing
Cin. N. O. & Tex. Pac..
49,370
5 roads)................ $261,937
THE CHRONICLE.
JtTLT 17, 1897. J
The
A m ong
th e
m ore
c o n s p ic u o u s
on es w e
m ay
m e n t i o n t h e B u r lin g t o n & Q u i n c y , w it h $ 3 5 4 ,4 4 3 g a in
in g r o s s a n d $ 2 0 9 ,5 0 9 g a in in n e t ; t h e M e x ic a n C e n tr a l
w it h $ 2 9 4 ,4 9 0 g a in
n e t;
IM POR TS A N D E X P O R T S FOR J U N E .
in c r e a s e s , it w ill b e s e e n , a re w id e ly d is t r ib
u te d .
in g r o s s , b u t o n ly $ 2 1 ,8 3 0 g a in
in
t h e S o u t h e r n P a c if ic w it h $ 2 0 5 ,2 8 3 g a in in g r o s s
a n d $ 2 9 1 ,3 0 9
g a in
$ 2 5 5 ,4 3 6 . g a in
in n e t ;
t h e C a n a d ia n P a c i f i c w it h
in g r o s s a n d $ 1 8 8 ,0 8 0 g a in
in n e t :
95
The Bureau of Sta istica has issued a detailed statement of
the foreign commerce of the country for the month of
June, 1897 and 1896, and for the twelve months ending
June 30 in 1896-97 and 1895-96, as follows :
MERCHANDISE.
June.
12 mos. end. June 30
196-97.—Exports—Domestio............$72.*66.93i
$L ,032,O D 8.880
Foreign__
th e
1 8 .9 8 8 ,2 1 1
$ 1 ,0 5 1 ,9 8 “ 091
$ 3 * 1 93 ’ .6 0 1
3 8 h .lt l.3 0 2
I l l i n o i s C e n t r a l w ith $ 1 9 0 ,3 2 0 g a in in g r o s s a n d $ 1 7 5 ,7 7 9 g a in in n e t ; t h e U n i o n P a c i f i c w it h $ 1 9 7 ,1 0 1 g a in
..........
i n g r o s s a n d $ 5 8 ,2 7 2 g a in in n e t ; t h e M e x ic a u N a t io n a l
........ $ S 4 ,8 2 6 ,1 1
w ith $ 1 1 0 ,9 3 0 g a in in g r o s s a n d
$ 7 0 ,8 2 2
g a in
in n e t ;
t h e S o u t h e r n R a ilw a y w ith $ 1 0 9 ,8 4 3 g a in in g r o s s a n d
$ 7 3 ,0 1 0 g a in
in
n e t, a n d
th e
w it h $ 1 0 1 ,7 2 0 g a in in g r o s s
The
A t c h is o n ,
w ith
M ilw a u k e e
& S t.
$ 2 3 8 ,0 9 0
in c r e a s e in
gross,
$76-1,3 3 ,9 0 5
>
fcxeea* o f e x p o r ts ...................
$ 2 8 7 ,6 1 3 ,1 8 6
ceesa o f im port*.................
95-96.—E xports—Dotneat
........$ 6 ( ,9 2 « ,4 4 7
F o re ig n ...................
........
1 .7 7 7,42 4
Paul
a n d $ 1 1 8 ,4 9 6 g a in in n e t.
4 3 ,6 7 2 ,8 4 7
$867,2011.487
1 9 .4 0 6 ,4 5 1
$ 9 8 2 ,6 0 6 ,9 3 8
$ 3 6 * ,7 5 7 .4 70
4 0 9 ,9 6 7 .2 0 4
1695-96...........
h as
3 1 .0 3 3 .3 4 2
$ 7 7 9 ,’. 2 4 ,6 7 4
$ 1 7 ,3 8 9 d e c r e a s e in n e t .
A s it h a p p e n s , t h e r a tio s o f g a in in t h e
d if f e r e n t g r o u p s a r e in
T h u s fo r
2 2 -4 9
per
th e
M id d le
cen t,
per ce n t, fo r
th e
fo r
W e s t e r n g r o u p t h e in c r e a s e is
th e
N o rth w e ste rn
P a c if ic
grou p
2 1 -8 5 p e r c e n t , f o r th e
p er ce n t, and
f o r th e S o u t h w e s t e r n
of
it s
2 1 -8 5
M e x ic a n
net
fo r
of
9 r o a d s has
r e v e n u e s , in
th
S o u t h w e s t e r n o n ly 4 o u t o f 10, in t h e S o u t h e r n 10 ou
o f 3 6 a n d in t h e P a c if ic g r o u p o n ly 1 o u t o f 17.
m m s t i r »* oaoci-s.
O ro a a
B a r rio s o a
G aocp .
IflWT.
£wnm $t.
UN.
M«|».
t
1
Trunk t1u«uaU lisM M iP l«.77«*.4Br»
Antftnb. caul.>9
?.A»7,I»3 7,**1,P2»
■»#•- A Mm <13
X A 1 4 .Z 2
MM. W g s tlu !► 9 .( 6 8 3
6 M B.OCM.F2 {
■ortbw m c'B .t*
•oa*.bi*Mt,n .iir
i.W L iti
0 .0 .1 0 i
PftdflcfV>«#|( |? t41V U M
*,lv7.7(**
SoatlMtni ...ir e
7 .M S U
Musioftn..-. (4
LS»>4J#7
1 /flM N
Tot.. f U i r tJ#
Jan .
nu.KT.I&C A*LlT«.f»Vi
ism .
•
4.ran
LUV.UOI
4#7sM»
*77
In c . a* H a t
1
I.M7.II*
i.rt-.&flS J R flR
1.177.«Ai
P. C
41B
+ m ,»
tt
Tlijdt.flOT
le w
1 Cft M ty 51
f o l i o * m * i t » iU t o f lb # r o t d i in e iu d id u o d o r
fnm* hfui.
B$Ulmor« A f h u » .
cut*. « in. Cftie. A. 8t. L.
A
In$
Aftd.il* IfcAini —
4
),
( a t * Kr»a a h . $ Aosta.
U l « Kri# A Waal.
Put* L4ao>«o a W m t .
PiftAbunr A W#w»*rn
Orstid Trunk.
Cate, k (M Trunk
S o a to li* r « n A E w u r o .
fM%. tid. I fa*, k MU.
Pnifdo A d u n i m a irm .
PUOlMf I*. K*x< o f r , $ E T t u . Paorta A W .
of
k Krlu.i
Philadoipbift k Krt«.
.Vorthwolrfn.
P fcu o. O b . f 'tt . k M . L. B a r i . r#.iar »Ut< a Nor.
Put*. YV>ait«s. k A aft
i > o , Bart, a s j m n a r
ftb u h
n * > e . hill A U
N Pan'
Chicago A Vnrth. Pad.
Obml
!»** dolna* M. A d ,
C»ntrmi "f Smw
|..w* f lin iii
Lohlffti Y#I|*y lift. I
Mtr»n. A eML Lmuu.
Vulksy Com Co.* Bln a. flt. p *«i A H. >t. M
R . Y Om*rt. A Wm i
WNuoaum c «o tr s i.
W. Y.
A W o t.
M ftoidlai,
Ark«n«*« Midland
Cttii k lrt»n
AMP*. Tn«. A ^anta f k
jltm utt HfftCfft
CUoa. Ok la. AOuif.
vm ro d
otorudo Mid IAnd.
a M id d le .
Crystal.
Adfr'm.t*. *.
•»#«»« % Riodr.
AiiusUAOf V allot.
Koreaa {fprlrur*.
Bath A HsRmi'indspart-* Ft. Hrorto iT lt i), city,
Korn • Pitta
dan
Pt. 4. A MAm
Buflklo k ^ iM n«bsn nA
K «r,.C Pin*. A
C sA M rlsod V aiisf,
H|t» rand* Bn'*ta#fi.
k Sew
Ku
Phil Ulim. « B«i( t
Cl. k
*tm
* 6 .9 7 3 .5 3 5
.............
1895- 96.—E xports...............
* 6 , 915,066
E xcess o f e x p o r t * ..........................
M t,
Want J* «« a ****9b‘
* Y m run*
York & o lb o 'n .
Chic. A w « r Mien
0#t. CJd. Hop A
pairr.lt A M*4k'n«4t.
fHnt A
Uarq.
prand
a f n<3.
llllnoi* * antrmi
Indiana llltnofs A 1own.
Iron Hallway
Kanawda A M lo k lm .
9t Jnmph k fM 1*1 nd.
#* b o o n A Ha«> Fr «n.
San Ant. A Aran. Pm *
fin. Pac. IfcsriT a tiulf.
W«c-* A 5f>»'w«M4ar«<,
Atlantic A P**M8c.
*>» t.dtan PveiBc.
la OftUtfat.
Uor$n«r*. P «n 8 c.
O fU na la p rn fflm w t,
Or«$f *n ttio it Mr.*.
Hin Orand- Wa*t*rn.
nan. Tran. A North. Pa#
So, PtOKlc.(*•>. liar, % H. a .
Lou to. Waatarn.
Korean ■ Ia . A T.
S a ra
noq
crou p
PusiM c r
So. PftC.—iO*ft 1—
:
G W ).
0 . r r»a A Mas
Tata# A Naw urlssa*.
Pacific i v i t s *
Onion PwriSe—fj. P. By.
Cantrmi flranon. Ac.
Afeh’n COI. A Pac.
AnMArrs
AUNttua *2r*a> a ulb‘ n
A h u a a * Midland,
A?tan a A Wa* P lot.
Allan*to a Uaovilla.
IttroiM.rfbarn k Atlantic.
Brunawrea a Wa* aru
TsnHiiu Ato tan. t t
Centra* of (ia»n<n,
I'hurlMton A Aa*»ijnah.
C l-M» e ils
(3a. N. q
MwdAdfu
flaenrta.
a
a
<«. O h i o .
T *«. Pan.
AU$1* On.
O w fifii A Aidkaoi*.
*ta. float^ar«* a f i *
♦full A Ctunam .
nan. i ’ll? Mem. A Bir
•
IxisMf, Hand. A **t- L.
I*»r«ts*llla k tashV.lis
Macon A Birmlotf bam.
Memphis A (Jh«rlMton.
Mobile A lltnninttham.
M *t*U« A Ohl-».
Maaa. uinw. a at, I* a *
N >rfnlk A MTsuturn.
j, O h i o l i i v e r .
■hire.
ittoh. Fred. A PoL
tiieh
h *t .
$ 4 1 ,2 9 8 ,6 1 1
8 i7,*i6 9
$112,309,136
31, 20,487
$ 6 ,0 7 7 ,3 9 7
$ '*0 ,5 8 6 ,6 1 9
Im p o r ts ..............
GOLD IN ORE.
1896-
9 7.— E x p o r t s ..................................
*130
$246,358
440,640
3,40*2,042
Excess of imports . .......................
1895-96- Exports.. .................................
Imports....... .......................
* 4 1 0 ,5 1 0
$ 1 3 ,4 7 0
1 .7 .3 3 7
#3,355,194
E xcess o f Im ports . .............................
0149,967
$1,703,767
im p orts...............
$ 1 0 0 ,8 1 1
1,804.578
1896-97.— E x p o r t s -----. . . ......................... # 5 ,0 6 6 .8 6 3
Im ports.
964.-*82
461,031,0 6
10,98t»,7*-5
Excess o f e x p o r t s .....................
$50,050,301
$59,809,9 6
1*2,9 7, -*5#
1895-96.—Ex ports.......................... ....
E xcess o f e x p o r t s ............
.............. . . . $ 3,3 6 0 ,1 1 9
SILVER IN ORE.
1 89 6 *9 7.- E x p o r ts ....................
Im ports . . . . . . . . . . . . . . . .
.*,041.013
$ 4 6 ,9 (4 .9 9 8
Excess o f imports ............................. .
f ♦s,363
1,599,533
*18, 36.8oO
$678,714
15.350,223
f 1.50 L 1 70
$ 1 5 ,1 8 0 ,5 1 4
% P e t e r s o u r<t
Fla. A WfeArerrv
SI**. Ape*, ttcaia A Gulf,
“umtharu H*ti*ay
Weate-ri n t Alabama
West Va Cent. A Pitta.
W rwbt**. a T eu n lli..
Mej'ftusn H o * t u
Mestean Central.
M-*ican international.
Mexican National.
Max lean Northern.
$2 ."4 1.013
1695-94 -E x p o r t s ..................................
I m p o r ts .
............ ..............
E xo
Trunk IId m .i ISi 7fl.bb.ixif B0.7Nb.V( 2 i.rn .tJ - JO,TVS..* i 6i
Anthris. a i t t . t »
7,<HA.7Ur»
S7JAX9*sl 7,151.4 i
♦ m.Bbv
1*44
■ft#.*. A MldUl It
?.4*SfiiO 7.471MI7
?U»A. 40 l,«*48 N 4
841
- •
M<d. w ««*nj is l C t t l t l 1A.7IJM9 ' i ^ u . b k M M .M I
* * m id"
9 45
■ortAu»«t'ft » XI. 145 12. SI.#11. Ilf
+ 0I* o r
fl+4
ioatii«r«#t’u< U
22.4*w,5$7j «,01»*Ma7 4»SDJ.t»»
I'M
Pftet 8«* f*oftatt 17 •
U'flM.i ti 14.117 2V I f.777.741
*W
1 (8
6»atb«*-r.. »A'
3D. <* #.?(9 II,»7I»«At I0,f®2 M* ♦’L0»SO*#1 9 L * l
M a x i c m t i ....... 44 >
\ i9 4 s m
t . * * ‘ M *1
rCO'sDbH X7'4I
T o t.IU IrM # T**MT8Artl 2<7j04O,m>ip flfJCA4.44* 77 4Afl 4#
*ws
Phil. H#*d
ftxeees o f e x p o r t s .......................................
Exoeea o f I m p o r t s ....................................
$ 4 0 ,1 1 2 ,9 2 2
8 1 ,4 1 1 ,5 3 3
I m p o r ts ......... .................................
4*
11 t *
A 171.704 H «
ykO
+ .1S#L» S ' 2 *4-04
AM.I4I UV7
I.IMsA**
S.564I12
U A 'A P
414.41*
l4.I4fl.»JJ.
U M fM -
1
7-WM.4AI
—» W ! i
541
+ »IM *
6 5 0 ,3 4 3
SILVER COIN AND BULLION.
A i n m iu .
Sat
im n .
OOLD COIN AMD BULLION.
*7.6 2 3,978
1896-97.—E x p o rts ............. .........................
Im p o r ts .............................................
13-97
1 1 -0 0 p e r c e n t .
I n t h e N o r t h w e s t e r n g r o u p o n ly 1 o u t
s u s t a in e d a c o n t r a c t i o n
grou p
3 6 -9 0 p e r c e n t ,
th e S o u th e rn
$ 1 0 2 ,^ 8 2 ,2 8 4
n e t f o r th e
n e a r ly a ll c a s e s q u i t e h e a v y .
» o f I m p o r t s . . ^ . . . . , . . . ........ ...
IM P O R T 8
A SD
S IL V E R
EXPO RTS
A t
SAN
OP
$ 9 1 5 ,6 1 2
19,552,522
0 0 L I)
AND
F R A N C IS C O .
We huv>‘ rec**ivwl thn w,M>k from the Collector o f Customs
st San Francisco the details of imports and exports o f gold
and silver through that port for the month of June, and they
»re presented below, together with the figures for the pre
c e d i n g months, thus completing the resulls for the fiscal
year ISifti 97. The imports of gold were small, the amount
received reaching only 173,1-42, of which $72,408 was in
bullion, and of silver there came in $140,212. of winch
$103,313 was bullion. There has been received during i he
twelve months a total of $9,572,372 gold and $3.13-t 033
stiver, which compares with $1,(43,' l l gold and $2,039,482
Sliver in 1895-9(1, The shipments of gold during June
were $1 8,534 all com, and the exports of silver have
b e e n $3JO,3*7 coin and $107,84> bullion
For the twelve
months the exports of gold have lieen $1 083.943, against
$833,334 in 1893 90 an 1 $9,439,133 silver nu* been sent out,
against $11,701,419 in 1893 96. The exhibit for Juue and
the twelve months is a- follows :
r a n iK T s o r u o t .o
MONTH*.
C oin.
1896-97
J u ly .........
Autrukt..
B cp tcm b er
f><-r..f»s*r
N ovem ber.
U#Mui)ier.
Jftnil«ry .
F«hriiftry..
M atoIi . ___
A p ril........
M uy...........
*so
s il v s h
at
saw
r K A S C is c o .
SILVER.
OOLO.
H uU w n
to ta l.
♦
#
$
6 ,7 2 r* 7 0 ,6 8 0
79,4 03
6 ,2 3 " 11.O' 9
4 7 ,3 8
2 ,0 7 2 .4 0 9 112 ,10 0 2 .1 8 4 .5 0
2..J?9*28 m ^1,441 .4 <0,70-*
1 , *<2.!#H4 12% I h 2 ,3 0 0,09
1 ,9 4 6.29 > 1 3 « ,« 5 6 -.007,9.51
7 .9 8 0 3 5,7 3
4
1*2
5 8 ,0 ’ * i
1,* 9 " 5 7 ,7 9 6
31.23*
9I.H M
1 23 ,18 )
W2.H-9
5,904 80,789
44,6-**2
2 ,4 3 0 4 .2 4
1, 3f* 72,4 03
7 ,442
Tot. 12 mos 8.647.601 924 .97 1 9 .5 7 2 ,5 7 2
C o in .
f
19,007
4 ,2 «4
1* .*45
13.90*2
70,511
1 2 7 ,6 9 4
A* ,8 9
3,48*2
3 .099
28,* M
3 3 ,4 6 o
3 6,^ 30
B u llio n .
$
20-*,231
0. *29
118,01*9
2 3 ? ,o 9
1*2 .029
177.658
225.1 * r
100,741
133,077
7 ,5 2 7
174.01 1
103.51.1
T o ta l
$
229 .09 8
01.293
12 V 34
2 JO,941
2* 0,1 0
3 0 5 ,3 5 2
2 ‘ 6 044
112.2 3
1.40,906
106.178
2 ’7 ,4 7 1
140,343
3 6 9 ,53 4 1,7 6 8,51 9 2 ,1 3 8 ,0 6 3
THE CHRONICLE.
96
fVoL. L X V .
How is the money to be raised
If the Powers are willing to
guarantee
the
loan,
there
will
be
no difficulty, of course;
SILVER.
GOLD.
but if they are not willing, Greece certainly cannot borrow
MONTHS.
Bullion.
Total.
Coin.
Total.
Coin. Bull'it
anything like four millions sterling.
$
1806-97.
No settlement with the Transvaal has yet been arrived at,
$
621,486
48?,620
13?,866
2oS,105
20?, 10ft
July.........
377,662 but everything looks hopeful. The news likewise is good
103,291 274,371
259,315
259,315
AUtfUAt.. .
791,640 from Australia, where rain continues to fall. And the re
57,560 734,080
9,680
8,28o 1,400
451,133
187,131 267,002
150
58,186
58,036
'•or...
707,815
382,835
324,980
55,885
ports from India too are more favorable as the monsoon rains
55,886
Nuvnubor.
332 215,853 1,578,550 751,350 2,329,900
Deceuil»<r 215,521
711,030 continue.
105.252
198,490 512,540
105.252
January .
934,848
2,940 391,938 542,910
2,940
February..
As already said, business has been greatly restricted for the
695,916
108,616 587,300
7.670
March....
6,995
675
421,656 past couple of weeks and continues so still. There is not
51,490
49,012 372,644
100
51,390
April......
608,100
644.620
36,720
5,015
5,015
........
768.227 much investment goiDg on, nor is there much speculation.
106,554
300,387 467,810
106,554
Juno.......
The most active market is that for gold shares. There was a
fot 12 mot* 1.081,288 2,657 1,083,945 3.328,30b 5,930,737 9,459.133
decline on Monday, Tuesday and Wednesday, but on Wednes
%
s day afternoon some good crushing reports from the mines led
to a recovery.
There is a fair amount of business going on for a holiday
London, Saturday , July 3, 1897.
time in tbe American department, but it is almost entirely
[From our own correspondent. 1
Although the public jubilee celebrations ended with the professional, the investing public doing little. There is abso
naval review on Saturday last, the city still wears a holiday lutely nothing doing in the international market and British
appearance as before. Day and night the royal and colonial railway stocks have given way.
There has been a rather wild speculation in British railway
visitors are beiDg entertained in one way or another, and
socially the celebrations continue. As a consequence the stocks of all kinds, and prices have been driven up to an ab
attendance of merchants is small and business is very re surdly high level. Some operators are now taking their
profitsand others are beginning to calculate that money will
stricted.
Just for a day or two, owing partly to the scarcity of probably rule higher in the second half of the year than in
money and partly to the absence of so many operators, there the first, and in any case the working expenses are sure to be
was a weakness upon the Stock Exchange, but a recovery has arger.
As usually happens at the close of the half-year money has
quickly come, and, fpeaking generally, there is an exceed
ingly confident and firm tone in all markets. The jubilee been scarce and in exceedingly strong demand this week,
celebrations were so universal that it is not odd to find a de more particularly in the first part of it. The total borrowings
cided falling off in the railway traffic returns this week. No from the Bank of England at 2 per cent per annum for seven
doubt the railway companies, especially the companies hav days have not fallen much short of 6 % millions sterling,
ing termini in London, restricted their freight traffic accom which is more than the interest on the national debt, which
modation ; but it would seem that attention was turned away will be paid out of the Bank at tbe beginning of next week.
from business, and trade to a considerable extent was re The demand, however, is very temporary and exceedingly
little of the money leaves London. Already it is returning
stricted all over the country.
That, however, was a very temporary circumstance. Never and it seems reasonably certain that rates will remain low, at
before has the country been more prosperous than it is at all events during the present month.
The gold demand for the Continent and for Japan has de
present. Lancashire, no doubt, has felt the consequences of
the famine in India, and Bradford and Belfast have suffered cidedly declined, and is not likely to spring up again, at least
from the new United States tariff bill. But with a few excep not until the demand for money for moving the crops makes
tions, owing to special causes, the country is fairly busy, wages itself felt in all the great Continental banking centres.
The silver market is weak, and the India Council has not
are high, and everyone is saDguine as regards the future.
The crops are looking exceedingly well, though it appears been as successful this week as for some weeks previously in
that in some districts much more damage was done by bail disposing of its drafts. It offered for tender on Wednesday
and thunder storms last week than anybody believed at the 30 lacs, and the applications amounted to very little over
time. For our climate the heat of Tuesday, Wednesday and 17 lacs. All the applications were allotted, at Is.
Thursday of last week was almost unprecedented, and thun. 2 25 32d. per rupee. It is curious, as illustrating the diffL
der storms occurred on Thursday in most parts of the coun culty of estimating what the Indian demand will be from
try. In Essex the storm was accompanied by high wind and week to week, to contrast the applications of last week, when
extraordinary hail stones, described to be as big as hens’ they were over six crores, with those of this week, when they
eggs. At all events, over a district o f Essex not much short barely exceeded 17 lacs. In other words, they were nearly 40
of a hundred square miles unprecedented damage has been times as large last week as they were this week. Of course
done to all kinds of crops. Essex had suffered severely from the applications last week were to a large extent fictitious, as
the long agricultural depression, but signs were appearing of every one who. desired to get a good allotment sent in appli
recovery. This unfortunate thunder storm will throw the cations for more than he required, and often sent in four or
county back once more, and preparations are being made to five different applications at different rates.
give relief to the farmers. With the exception, however, of
The sudden change is due partly to the easiDg of the Indian
a few districts damaged in this way, the crops everywhere money market and partly to the belief that there will not be
are looking well.
a sterling loan in London, at all events for several months,
It is remarkable evidence o f the extraordinary prosperity and consequently that the India Council will continue to sell
of the country that the revenue returns for the quarter ended its drafts.
with June show an increase over the corresponding period of
Little importance is attached here to the attacks upon Brit
last year of over £800,000. It will be recollected that the revenue ish officers in the neighborhood of Bombay and Poona, and
was wonderfully productive last year, and probably some the rioting in Calcutta, except, of course, as evidence of
readers will remember that the Chancellor of the Exchequer local feeling. W hile the plague raged in Bombay the Gov
estimated for the whole twelve months a decline of about a ernment was compelled to visit and inspect houses and carry
million sterling.
out sanitary regulations. This was regarded by tbe very
Since the Jubilee celebrations begans carcely any attention ignorant aud fanatical portion of the natives as a violation of
has been given here to foreign politics, but the impression their caste, and has excited in certain classes much indigna
remains that the peaoe negotiations will very soon terminate tion. Fortunately, the more educated, whether Mussulmans
now, and there are signs that the Powers are growing weary or Hindoos, are on the side of tbe Government and are exer
of the various devices of the Turkish Government for putting cising their influence to allay native feeling.
off a decision. As to the settlement of the indemnity, Eng
As illustrating Oriental ways of looking at such matters it
land and France from the beginning refused to agree to more may be worth while here to quote a remark made the other
than four millions sterling. Italy at once supported them, day to the writer by one of the most distinguished of our
Russia and Austria-Hungary are now ranged with them like Indian officials. Some time ago he held a high office in the
wise, but Germany has suggested, as a compromise, four and North West Provinces, and he set going relief works, upon
a half millions sterling. There seems little doubt, however, which several native chiefs remonstrated with him, saying :
that the four millions will be accepted. But the question is You English are flying in the face of God. It is evidently
■ipobts o r
oold abd silvks fbom sab fkabcisoo.
J^Xouctavvii® omraerctal ugUsfcHeir
THE CHRONICLE,
JULY 17, 1897,]
G od's w ill to th in the p op u la tion b y fa m in e and disease, b u t
y o u , instead o f b o w in g to G od ’s w ill, fly in his fa ce a n d try to
k eep th e peop le a live in spite o f hint. In som e su ch w a y, n o
dou b t, the m ore ign o ra n t o f the B om ba y and C alcu tta natives
lo o k upon official attem pts to save the peop le from the plague.
T he “ B ail w ay N ew s” o f L o n d o n reports th e traffic receipts
f o r the w eek en d in g J u n e 87 o f 55 ra ilw a y s o f the U nited
K in g d o m w h ich m ake w eek ly returns a t £1,683,215, against
£1.669,2 9 in the corresp on d in g w eek o f last y ea r, a decrease
o f £7,004
F o r th « tw en ty s is w eeks o f th e cu rrent h alfy e a r receipts w ere £41,101.593, an increase o f £1,233,753,
T h e B ank ra te o f d is co u n t a n d op en m a rk e t rates a t th e
c h ie f C o n tin e n ta l citie s h ave b een as fo llo w s :
97
1896-7.
Aver.prieewheat,weeS,27a, Od.
Average price, season, ,28s. 9d,
1895-6.
24s. 10d.
258. i a
1894-5.
26s. 54.
20g. 84.
1893-4,
23s. 11«.
25s. 8d,
T he fo llo w in g sh ow s th e q u a n tities o f w h e a t, flou r a n d
m aize a floa t t o th e U n ite d K in g d o m :
This week. Last week.
1896.
1895.
910.000
1,811,000
3,449,000
Wheat..............qrs... 795,000
Floor, equaltoqra... 185,000
155,000
244,000
212,000
Maisa............... qra... 420 000
465,000
535,000
483,000
E n g lis h F i n a n c i a l m a r k e t s —P e r C a b le .
T h e d a ily clo s in g q u o ta tio n s fo r secu rities, & c. a t L o n d o n
are rep orted b y ca b le as fo llo w s fo r th e w eek en d in g J u ly 16:
L ondon.
Sat,
Mon.
Tttes.
Wed.
Thurs.
Stiver, per ounce.......4, 2711] „ 27%
279,e 27916
27%
Oonsols., new, 2% p.cts.
112% 112% 112% m i l ? , 112%
June IS.
July 2.
June 25.
Jime u .
112%
112ulf
For
accou
nt...............
1121310 112% 112%
Rate* of
Fr’ch. rentes (In Paris) fr. i'oi:i o 04-421* 04-37^ 104-40 01-42% 04-47%
Interest at
‘
Bank Open Bank Open Rink Open Bank ‘Open Atoll. Top. A Santa Fe.
12%
12%
12%
12%
12%
Do
do
pref,
24%
2*1%
2514
Mate, Market Rate Market Mate. Market Rate. Market
25%
25%
Canadian Pacific........
07%
87%
67%
&
67%
67%
2
%
2
2
Part*..............
17%
m
IH
a
17%
17%
17%
i%~ Chesapeake & OMo__
17=8
Ohio. Milw. * St. Paul
83%
1
87%
m
BerUn_...........
3
3
3
87%
87
85%
SH
m
2H
294
43%
Denv.
&
Rio
Qr.,
pret.,
43%
44
43%
43%
s
3
S
3
3
Ham bar?......
Vn
m
2H
294
S
Erie, com m on.............
14%
14%
14^4
14%
14%
3
SYaalcfoft.
3
3
■m
f
m
2«
34
1st preferred............
34%
34
34
3
AjQQjtordam.,.,
i
8
2%
2
a
2
SH
99
JQllr.ols Central.......... .
99
100
100
3
3
2
Brasa-eto....***
2
3
2
3
3
2
Lake Shore........
176% 170% 176% x 174
O
»
Louisville & Nashville
51%
Vienna......... .
50%
51%
61%
4
i
k
354
i
33-ia
M4
52%
3H
Mexican Central, 4 b . .
71%
71%
72
o
71%
8t. Peters bar?.
9
6
«
6
m
M4
SH
6H
13
Mo. Kan * Tex., com.
13
13%
13%
13
B
£
Madrid. .......
8
105
N. Y. Cet.t’1 & Hudson
10-1% 105% x 104 104
Ooo«s*»ljiuran ,
5
5
5
5
«4
iU
m
N. Y. Ontario & West’ ll
15%
15%
‘X
15%
16%
15%
29
& Weat'n, pref.
9
29
29%
29%
29%
T h e fo llo w in g re tu rn sh ow s th e p o sition o f th e B a n k o f Norfolk
No. Pac. pref., tr. recta.
41%
41%
41%
42
41%
E n g la n d , th e Bank ra te o f d is co u n t, th e p r ice o f co n so ls, Pennsylvania...............
54%
54
64%
54%
54%
Phlla. A Read., per sh..
10%
11%
11%
& c ., co m p a re d w ith th e last th ree y ea rs :
11%
11%
%
Sonth'n
Railway,
oom..
9
9%
9%
8%
9%
ts»7.
1*4*8.
1804.
Preferred.,...............
fit
29%
29%
29%
29%
29%
JumW.
-Tula
Jw£|i,
aori1.
Jut|4.
Onion Paolflo................
0%
0
6%
6%
6%
H
14%
l i 7a
escalation ------28,183.230 2?>; 2,745 m jm sm 86,400.850 Wahaah. preferred......
14%
a
14%
14%
Psblio depoaiu ................. UJ>7X®U 10,775.966
9,768,498 10.P42.163
Other deeo»!t* .. ............
U.UB.W8 57,72?,701 37,881,242 34.918.104
trnm-m £seesritie*
ISM8,356 15.236391 14,481,177 13,121.3*8 © o m m c T c l a l i w f t r ^ U s c c U i m e o x t s l i l c t D S
24,612.706 fl,337.«:86
Qtoaremmrlitm
8M7M& m m , m
R
of notm and eHn.. .. S3*Utt£73 3?.322.511 28324.018 29 300,507
I m po rts a n d E x p o r t s f o r t h e W e e k .— T he fo llo w in g ars
Coin & ottIHoa, both dep&rtm’t* MjS&l&M 48,485,256 37.9S3.838 38,901.357
the im p orts a t N ew Y o r k fo r th e w eek en d in g fo r d r y g o o d s
64 7-16
Wy%
Crop, rm&rret to liabilities,. p. e.
J u l y ? and fo r th e w e e k e n d in g fo r g en era l m erch a n d ise
2
B«e» rate
.per cent,
*
%
3
J uly 9 ; also tota ls s in c e th e b e g in n in g o f th e first w eek in
oneols, %U per cent ... ..... m iw 8
m turn
It? *3*18
HUM
Jan u a ry,
I!’?#**
, ,
i f $49&
mrn.
FOkktON i m p o r t * a t n e w YORK.
Cleanatf lloase rstanu.
... 16d.9u2.000 213,:l«0.000 171,744.000 163,707,000
T h e rates fo r m o n e y h av e been as f o l l o w s i
For teerk.
1897.
1896.
1895.
1894.
i 18
s
I n t e r u t i*Um
Open Market MMm *
4
m
fa rd m * u * H
Bank a m .
trad* BUI*.
D u c ' t B ’m
J o in t
T hru
I W | Six
Thru
Mmt'bi
Jmm *
* u
” lb!
«mr
ifrttmt!. i-w i« •
15-16 \ l 11 M"
l-i i-ia
IH
.13-16-14' 15-16
m
1%
•
IH
U4
fowr ! S4m ! m e e k A t 5 ( o U
JtaaUu|M<mtA<|j B a n k * . o m . j D ***.
it*
IH
~
IH
l%Ai% 1***%,
1%
* r
H
H
H
H
H l ~
%;
H
%
%
%
H
3
«
Dry good*-----Q # ol meFdl»e
$4,429,307
8,372.074
$1,628,956
6,550,211
$2,044,741
9,968,367
$1,480,921
7,308,611
T o ta l........ $12,802,281
$8,171,170 $12,918,111
$8,795,632
Since Jan, 1.
Dry good*....... $82,723,319 $01,770,102', $76,610,001 $42,652,435
Gcn'J lueFdlM. 1X4,902,250 187.902.078 194,553,707 180,544,666
Total 27 week* $297,585,569 $-249,672,180 $271,163,771 $223,197,101
In our r,-p<}rt o f the d ry good s trade w ill be fou n d the im
ports o f dry good s for on e week later.
The follo w in g is a statem ent o f the exp orts (e x clu siv e o f
specie) from the port o f N *w Y o r k to foreig n ports fo r the
w eek en din g J u ly 13 and fro m J a n u ir y 1 to date :
exports from new ronit FOR THE w eek .
Memm* Pixhsy & A b ell w rite m fo llo w s u ad er d a te o f
J u lf l ?
Oold—Th« price bid fo r recent arrival# 1# hardly *o high m that
1897.
1890.
1895.
1894.
ruling a week ago, but there l» still au d«fHe«lty to Maorioff open aiarket BUppli'*.. The Bank 1>m reeelvvd durths the w»«*k AillJ.ow, while For tiw -wvA. * $0,07:1.195 *0,871.273
$8,510,034
$6,298,305
Mir,,u •> i a* men taken fo*«*p ort. Arrival*: Capetown.'a^dt.ouo: Frev. mpo’r t^ i, 805,023,180 194,179.172 170,738.561
186,743,761
A m t l * a , M:ays,, <)«; China,
Bptiilutj-, * *,0Ws total, *680,000.
— ‘ ——
Silver—un :fi?ie'*'o*t covering order* to complete end June del*vcr- Total 27 week* -------f t 11,696,375 $201,050,445 $177,279,195 8193,042,129
Io*. silver again hardened and rvacbcd 27%d. The flrarac*.* did not
)*** m u Ilia market ha* alrioo fallen to 57*
*t which it clou.- flat.
The* fo llo w in g tab!" show s the exp orts and im port* o f specie
The Indiani iirltc to-4** 1* Kn.76% per KM) Tolob*. Arrivals: New
J..rk, i t,OOo: Chill, i 33.000: total, *197,into. Shipment*: To Bom at the i o n o f N -w Y o r k fo r the w eek en din g J u ly 10 a nd
bay, ill ©5,400.
(since J anu ary 1, 1887, and fo r the corresp on d in g periods in
^ o xlea o Dollar*,—The n e u t it price o f these coin is now 5C”,d. 1686 and 1805:
Shipment* to Penang, 42,400,
k x fo n i* AND IMPORTS OF SPBCIB AT NEW TORE.
T h e q u o ta tio n s fo r b u llion are rep orted m fo llo w s :
Erparts.
Import*.
(Wti
OOI.0.
Juts
Jmte
Week,
Stnee Jan. 1.
Silver .
July June
Week.
Since Jan. I ,
London Standard.
24
London Standard,
l.
24.
........ I $979,060
Great Britain,......
$112,016
France....................
11,409,988
d.
! d.
10,330,000
Bar Oliver, flue...ox. 27%(i 27*18 Germ any................
10
West In d ies.......... .
$13,522
407,227
B*r*Hver, «m t*in%
1,220,935
Spanish. r>i*l___ nt.
0% 76 0%
30
2,505
74,350
do 5 gr». gold .01 281,* 20) ,8 Mexico ..................
New.. ... . . . . ox.
South America__
9,302
157,307
15,478
1*9 76 i% : do 4 gm, gold o*. 27% 27%
364,913
V .a , g o ld c o i n . . o i ,
5*9178 5*9, ; do 3 gr«. gold.ox. 27 %« 27 l,« All other countries
6,101
750,200
170,041
( I s r a a 'n g d U t c o l a , o x
3 k 78
' «Ak® silver.' ....0 /. 29H 29%
French gold coln.o*.i78 3%:76
$9,302 $24,354,422
Total 1 8 0 7 ......
Mo i Icao dollars c*.!2<i% 27%
$37,066
Total 1896........
25,445
215,762 42,344.473
T h e fo llo w in g s h o w s th e im p orts o f c e re a l p ro d u ce in to
259,100 34,830,612
I t: ; - - ........
15,736
he U n ite d K in g d o m d u rin g th e first forty-th ree w eeks o f
Export*.
Import*.
he season co m p a re d w ith p rev iou s s e a s o n s :
Sitter.
Week,
Since Jan ■1
Week,
Since Jan. 1.
IM P O S T S .
.
.
1806-7
1835-8,
1894-5.
1893-i.
Great
Britain..........
$803,170
$28,607,075
$51,001
Importantwhe4t,owt.58,822,35G 58.11.1.510
‘ ■ '
59,886,298 5 3 .6 W 9 4 France.....................
638,000
1.320
B a r le y ...,...................18.813.590 19.398.830 21,885.114 20.822,878 Germ
any................
5,750
2.321
1,170
r'-v* .........................5 :
11.*' 28,080 12.400.077 10.901.851 West Indies............
193,223
137,552
523
Fe»a .................
3,821.045
2,181,980
1,95,8,9-29
1.999,894 M exico....................
500
719,299
43,340,
B«anJ...................... . 3,377.8 O 2.805,4 2 3.708,152
1,368.851 South America.......
9,305
134,9*17
4,393
509,903
Indian corn....... . . . . . 49.4111,940 36.280,170 2 l,s l 1,904 29,889,485 Ail other countries.
1,541
444
20,190
Fleur . . . --------------17.136,16018.777.870 16,258,470 10,993,907
$372,918 $24,581,030
Total 1897.
$49,431 $1,448,308
S u pplies a v a tla o ie fo r co n s u m p tio n ie x e iu s iv e o f s to ck s on
35,001
1,348,792
Total 1896.
1,403,402 26,791,683
S e p te m b e r 11:
Total 1895.,
708,300 18,829,302
76,491
993,563
1806*7
1895-0,
1004-5,
1893-4,
Wheat Imported, owt. 58,822.350 56.113.510 5 *,088,298 53,889,994
Of
th e a b o v e im p orts fo r th e w eek in 1897 $25,050 w ere
Import# nt flour.....,1 7.1 5 8 ,m o 16.777.870 18,25 6.470 15.983,1)87
i»te* of home-grown.22,058,73 ) 13,397,090 18.088,288 18,927,015 A m erica n g o ld co in and $1,382 A m erica n silver co in . Of
tb s exp orts du rin g the sam e tim e $9,302 w ere A m erica n
Total.
.96,037.240 80,288.478 94,831,034 88,582,976 gold coin ,
I'HE CHRONICLE
98
[V o l . L X V .
—The “ Audit Company'' has been organized and is now in
U r « > U a l u O 'a
K lg u r r .
H r . m i- lit
F ro m
P a * e
BtHtoiuentH Inflow are prepared by us from the figures of tne position to examine and repart upon t ie accounts and finan
New York Produce Exchange. The receipts at Western lake cial condition of corporations of every sort. The aims of the
and river ports for the we-k ending July 10, and since Aug. company are set forth in the advertisement published in
another column. The names of the officers and dtr»ctors
1, for each of the last three years, have been as follow s:
are Wi 11 known in tne tiuaucisl world.
R
y
e
.
O
a
t
s
.
;
B
a
r
le
y
.
Com.
W u.it,
F lo u r .
R e c e ip ts a t — I h ‘ Merchants’ Bank of Canada. The president of this
m j 106lb » R u s h n o lbs R u s h . - M b s B u t h . m b t ' B u a h 48I5< B u .56 lb s .
hank is Andtew Allan, E-q., of the well-kuo vn firm of ship
28,950
85.701
30.100 2.116,550 2,157,083
42.601
Chicago ......
owners
M-ssrs. II & A. A l l a n , of tti- Allan Line. In the re
31 .«< 0
2U,0«o|
110,8(0
180.8 6
13,000
S8.HO
Milwaukee
port of ilie liank, piihlished on pag 15 of the current volume
8,280
136.^38:
56,101
330,884
78,600
D u lu th ...... .
of ihe t HHONIOIB, Mr. Allan’s name w n in iorrtctly printed.
8H.72F
...........
13,850
740,700
1,175
Iflnneapolls
1,000
2.500
...........
137.000
18,873
692
— Mr. Edwin R Lincaster, who up to July Is: inst. was
Toledo....... .
2,516
28,0251
...........
12.758
17,331
5.50
Detroit.......
connected with the firm of R. A. Lancaster & Co., hasopened
30.450
...........
3.169
13,000
936
Cleveland ...
an office at No. 15 Wall Street, where he is prepared to deal
145,890
...........
73.4*0
168,601
18.375
St. Louis v ..
in investment securities an 1 execute commission orders for
1,200
128,8501
4,900
202,k60
2.40.
4,r.<*
Peoria.........
bonds and sti cks.
97,000
.........
40,5- 0
78,000
Kansas City—Messrf. Redmond, Kerr & Co. buy and sell the Metropoli
103,716
2.960,265
j
292,501
2.613,166
1,537,734
190.68
Tot wk.’07.
100,073 tan Stree Ry. Co. general mortgage and coll iteral trust five
202.11*
2.W.26V 3.U0.749 2,632.8 * 3.050,432
Same wh.'wd.
14,9)1 p r cet t gold bortrs, also the underlying issues.
31,729
Their adver
167.356 1,033,952 1.164.800 2.087.131
gauie wk.'Uft.
tisement to this e f f e c t w i l l be found ou page vid.
S in e * A u g . 1
1
7.124.3J8
1896-07....... 11,1(4498 16*,07P,128 167.035.811 170,3*6.988 88,744,990
—Messrs. Pfaelz’r. Walker & C > , of Boston, specialists in
1895-06... .. 10,612,652 190.258,662 1 '6,438.23< I18.774.376i 39,108,981 *,053,606
1894 96........ 1 l,575.73e 112,403,652 78.224,757 06.730.4371 31.305,713 2.621,116 steam railroad bonds, and members of th>- Bistort Stock Ex
change. will open a branch office in New York at 18 Broad
The receipts of flour and grain at the seaboard ports for the Street next Monday.
week ended July 10, i8i7, follows :
—Attention is called to the list of bonds offered bv Messrs.
Barley.
R ye .
O a ts ,
Com.
Flour, 1Vhea\
bush.
bush.
hush.
bush.
Reed & Flagg. The advertisement will be found on page vui.
R t c r i v t a at w>l*.
p M * ;.
S e . York.................
Boston......................
l'S,S7l
#6,005
PaUadetpHl............
OT.MtS
128.475
7,850
109.475 1,141,200
174.070
208.3*1
UA,U0
"6,41*
St,t7#
m.OU
234.574
220,-39
lUltlmoro .... .... >H ‘ 1
” Trf——•*..............
I.#'#
N evO rleans*..........
#.*H
KSrtolk ....................
J
li.ti.ts
S.12*
..........
080,* 0
20 fllO
23.826
Montm . I ...............
102,707
00,24 4
15'\03O
130,125
450
2,870
52.810
47,125
51,428
184,192
139,991
•Receipts do not include Brain passing through New Orleans for foreisn
porta on tbroush bills o f lading.
Total receipts at ports from Jan. 1 to July 10 compare as
follows for four years :
fi'retpf, o f —
F lo u r....................... bbla.
1897.
8.442.478
18 Hi.
0.750.833
1895.
8/*70,074
189*.
10.211,642
W h ea t..................... bush
22,261.767
02.442.473
30.627,809
0.54-.w02
4.367,738
24.204.1*4
30.830,007
82,639.012
4.219,037
L33I.668
15,604/5*
20,198,0 8
10.748,801
1,41 \ 109
175* 86
16,540,540
30.275.613
18.21«,9 <2
1,604,569
114.456
171,249.739
102.228.578
67,071.968
66,811.040
C orn ..................
O ats..........................
M
B y e ............................
“
“
Total grain ....
The exports from the several seaboard ports for the week
ending July 10, 1897, are shown in the annexed statement:
W h e a l.
hush.
302.4.'9
258,271
Portland.........
Philadelphia.. 40.566
Baltimore. .. 153.587
Norfolk..........
Newp’rt News
Galveston .. ..
272.707
Com,
hush.
799,195
166.351
549.805
880.191
13** 27o
61,428
380.239
113.650
Total W k... 1.027.590 8,071,392
Same time '90.1.037,392 952,003
Hour
(J a n
99.966 1,120,120
95.077 205,599
..........
R ye .
b u »>
r8.490
73,970
10.73*
02,062
496
17,000
13,sl2
Peas.
bus!
9,7*6
B a r le y
bush.
143,860
..........
3*53.884
29,707
49,218
86,280
306.047 1,857,179
210.975 8->7.828
115.438
86.009
58,964
51,752
170,1*0
The destination of these exports for the week and since
September 1, 1896, is as below.
-Wheat.E x p o r ts fo r
w e e k a n d wince
S e p t. 1 to
W eek
S in c e S e p t.
J u l y 10.
1,1896.
b bls.
bbtw.
rntad Kingdom 233.792
23.778
onttnem ...........
. St C. America.. 2 ,414
Wott Indies... .. 23.167
1,450
Bril. N. A. Cot’s.
446
Other countries..
Total
I 1806.96.
7,331.969
862.773
920.923
9 <5,268
245.289
216,035
W eek
S in c e S 'v t .
J u l y 10.
1, 1896.
bush.
bush.
-C o m .W eek
S in c e S e p t.
J u l y 10.
1,1896.
bush.
bush.
718,890 40,803,3*2 2,327.980 75,059,990
234.P81 10.964.739 704.072 74,245.660
78,769
146,946
750
106,6*7
1,124,225
22.216
15,010
1,334
1,075,083
4<>6 465
1,848,398
306 047 10,614.2 *7 1,027,590 63,039.252 3.071,392 153,726.143
210.975 10.401.279 1,031.392 41.531,945
952.003 51,900.191
The visible supply of grain, comprising the stocks in
granary at the principal points o f accumulation at lake and
seaboard ports, July 10, 1897, was as follows:
Wheat.
I n s ta r t a t
bush.
e * Y o r k ...............
15,000
Do
afloat..
A lb a n y....................
HH3,000
Buffalo . ................
Uo
afloat......
3,830.000
Cfiicaao
..............
DO
a flo a t....
M « * n I « H ..............
106,000
Do
937,000
D Haifa
.................
Do
afloat —
T 1900
........ .. 220, (MM
_Do
afloat........
Detroit
......
28 000
H
..................
T/O0t«........
74.000
Clno'miat'.................
1.000
20*.001
a - ••ton...................... .
87 000
T-.runto.....................
H'*n trawl...................
156.000
18.000
Philadelphia ...........
Peoria.
.........
Indianapolis.............
S u m s * City......... .
Ml,000
Bsltlm ore.................
507.000
Minneapolis..........
8,050.000
On Mississippi River.................
On l.aies..................
427.000
On ennal urn) river.
158,000
Total July 10. 1897.16.609.000
Total July S 1HW7 17 5MA000
Total July 11, 1800 47.2VO 000
Total July 13. 1095 41,858 000
Total July 14. 1894.5J. 155,000
C o rn ,
bush
O a ts ,
bush
R ye
B a r le y
1.555,000
103.000
5,000
817,000
1.770,000
7,740.000
1,724.000
411,000
8.000
3,000
1.000
130,000
08,000
2*5.000
00.000
518.000
*30.000
17.000
72.000
10,000
120,000
2*1.bob
17.000
334,000
367,000
381.000
25,000
07, OOi*
29.000
10,000
10,000
98.000
337,0 X-
43,000
30,000
4.000
3.000
1,105,00r
9.000
-107.000
40.000
*11,000
1101,000
2W.000
34.0<)C
1*2 non
1 ooo
41,000
172.000
6»«,000
83.000
80.000
1,693.01 0
400,000
15,425.000
15.007.000
0.1 MM000
6,880,000
3,934,000
A llan. Ave., B’ klyn—
Con. 5 b, g., 1931 A&O
Tinpt. 5s. g.. 1934 J&J
B l’ eck. S t.* Pul F —stk.
la tm or .,7a, 1900.J&J
B ’ w ay& 7tii A ve.—Stock
l-tm ort.,5 *. 1H04.J.SD
2d mort.. oh, I914.J v j
B ’ way lst.5-.guar. 1924
2d 5a. int. as rent’ l . 1905
Consol. 5s, 1 9 4 3 ...J&J
Brooklyn Cite—Stock. .
C*m ol. 5 h, 1941.. J&J
Bklyn.Cro.sHt’ n oh. 1908
Bkl’nQ’ua Co.&Sub. 1st
| Bkl’ u C.& N ew t’ wu—S. k
1 5 8 ,1 0 3 9 ..
Brooklyn Rapid Transit.
1 5s, 1945................ A&O
Centra Croastown—Stk.
1st M ..6 n, 1922 .M A N
Ceil. Pk.N.& E.R iv.—stk
Consol. 7 h, 1902...J& D
Col imbua & 9tli A ve 5s.
ChrlHt’p’ r& 10th St.—Stk
1st mort., 1 8 9 8 ... A&O
Bid. Ask
Ask.
D. D. E . B. & Bat’y—Stk.
1st. go d, 5s, 1932 .J& J
§103 104
s c r i p ...............................
77
80
Eight-; A venue—S tock ..
38
30
Scrip, 6a, 1914.. ........
§100 108
42d & Or. -»t. Fe .—8took
202 203
42d St. Man. & St. N. A v.
§106 109
lat mort. 0s, 19L0.M&S
§109 112
2d mort. incom e 6s J&J
§116 118
Kings Co T rac.—S to ck ..
§104 108
Lex. A ve.& P av.F e»ry5a
120
Metropolitan Tracti n . ..
188 1«9
Nassau E 'ee, 58, 1 944...
115*9 117
106 108
N. Y.& QueensCo.5s,1946
Stein way 1st 6s ’ 22 J&J
1 2 103 4
160
.... Ninth A ven u e—S to c k ...
Second A venu e—S tock..
§110 112
1st mort.,5s, 1909.M&N
30*8 31
Debeuture5’s,1909.1 & J
87
Sixth A v e n ::e —S tock---198
§115
Third A ven u e—Stock .. .
1st mort .5s, 1937 ..J &J
172 173
Twenty-Third St.—Stock
113 115
119 *3 120
155 160
Union R y —S tock ..........
104
1st 58, 942 ......... .......
101
W estchest’ r, lat, gu.,5s
153
115
§101
320
100
320
35
§11G
66
43
119*4
110
93
100
117
103
325
105
340
45
118
o9
45
113
160
130
108
102
187
150
122
300
103
115
170
133
109
105
192
151
124
§106
§100
111*4
95
103
......
$ And accrued interest.
Was Securities —Brokers’ Quotations.
17,1*2
600
Bid.
'
Newport News........
1..000
..................
113.550
Q alveston................
.........— ___________________
_
Total week .. . SS7.I61
'52,255 2.512.87S 1,781,365 137.177
Week Isiti . . . . . . . 312.I0J 1,816.946 l,3i4,7bl 2,534 576 137.325
Barter..................
City Railroad Securities.—Brokers’ Quotations.
3,417
35,000
GAS COMPANIES.
Bid. Ask.
People’s (Jersey City)— 160 170
102*9
10%
Equ-table __ ! .............. 228 230
B nds 68, 1899 .......... 103 105
52
St- Paul .1...................... 45
70
77
Stan ard pref ................. 118 121
Common........................ 1 0 111
72
Western Gas..
____ 70
Bonds, 5 s ....... ............ 99 100
GAS COMPANIES.
Bid. ' Ask.
B’klyn Union Gas—Stock. 112 112*2
112*2.......
210 .......
80
Consumers’ (Jersey City). 75
101 103
Jersey City & Hoboken. . 185 195
105
Mutual (N. Y.)
242 247
N. V. & hast Riv. lat 5a.. 114 1118
Preferred....... ........
111*2 112*2
Common ......
....... 89 1 HO
105*2 107
Con-ol. 5<................
Auction Sales —Among other s-curi ies the following, not
regularly deal: in at th - B i ird were reosatly sjl 1 a! auction:
By Messrs. R. V. Harnett & Co.:
Shares.
Bonds.
$1,000 New Paltz Turnpike
Road Co. 1st 6 sf 1 9 1 3 ....... 85
8 9 8 Henry Seiberr & Bro.Co.,
$25 each .$3 75 to $4 per sh.
By Messrs. Adrian H. Muller
&
Son.:
Shares.
Bonds.
75 W aguer Paiace Car C o.. 153
$3,000 Coubourg Eleo. Light
500 Premium Reserve Co.$I p. sh.
& Power Co.t Canada, 8a.
17 Leather Mfre. Nat. B’ k .170**
. ..$ 6 0 0
\904-1905.................
100 N. Y. Biscuit C o.............. 50
$5,500 Appleton City W ater
500 Horn Silver \fin’ g C o.$ l 50p. a.
Works 1st 5 s .......................... 15
Bonds.
$ 7,000 Adrian Water W orks
$10,000 Jersey City 7a Water
le t s . ....................................... 11
Stock, 1002 AtkO . . 1 1 2 *4 & int.
Ranking and Ifiuancial
3,000
Spencer Trask & Co.,
1.000
1,000
0.000
BANKERS,
2 7 A 2 9 P IN E S T R E E T ,
65 State Street, Albany.
IN V E S T M E N T
120.000
142.000
101,000
45.000
1,078.600
70.000
8,000
11,000
16.000
10,Ore
221.000
233.000
53.000
48,000
6.P4 0.000
8.218.000
8.228.000
5/132,000
1,746.000
2,097,000
2.260, *’00
1.455.000
132,000
100,000
S E C U R IT IE S .
G eorge B arclay Moffat .
M o f f a t
NEW Y O U R .
A lexander M. White , J r .
& W
h i t e
,
BANKERS,
N o. 1 N ASSAU S T R E E T ,
00/00
-
NEW Y O R K .
IN V E S T M E N T S E C U R IT IE S .
THE CHRONICLE.
JULY 17, 1597. J
b u y in g 1-16 d is co u n t, sellin g par; C h arleston , b u y in g par,
sellin g ig p re m iu m : N e w O rleans, b a n k , $ 1 0 0 p rem iu m ;
com m e rcia l, SI 00 d is co u n t; C h ica go, 40c. per $1,000 pre
m iu m ; St. L ou is, 40e. p er $1,000 p rem iu m .
tifcjetfce.
D IV ID E N D S .
Xante o f Company,
Per
Cent.
(railroad.*, (S te a m .)
Great Non her 11pref. (quar.)......
Hunt. & ll'.t T. Mt BU A Goal ptd.
XasbvUie Chat. A st. I.................
s t r e e t R a ilw a y s ,
Albany By. iquar.)........................
2%
1
f'oluinbu-* (O.) Str-rt (quar.)....
WorcvU'-r(Mass.) Traction pref.
F ir
m -u ra u e e .
i
3
When
Payable.
Aug,
AUg.
Aug.
v\
10
6
5
5
10
Books closed.
(Days inclusive.}
2 July 21 to Alls. 2
2 July 21 to Aug. 1
2 July 25 to Aug. 2
On deni. ---------- to
On deni. ---------- * to
Aug. 14 Aug. ! to
Alfa.
2 July 23 to
Aug.
2 Julv 21 to
Aug. 18 July 23 to
Aug.
2 ---------- to
m t ,300 and a surplus over the required reserve o f $41,38! .375, a ga in st j41.3$4tfl7 5 the- p rev iou s w eek.
f r t t . traOt.
1206,
July i t .
1635.
[ July 10.
♦
a
i
s
G ttM M *....__ — $9,022,700
.......... .
00,622,700 85,623,700
- - i« ____ ,,
.
..
>
U)*M A dliS-'irta. 5331706.600 tov.l,05.*4,700 * 7 7 ,t»2 ,»«0 511,03 :,3oO
Circulation.......... 13,7N2,90O ln«
i.TOO 1-1,595,6* 0 13.17S.300
N* t .ItspnaBs........ i;t>7,(>42.500 t o e .2,«OS,»0O 504.486.100 507,970,000
Specie
............. 00,505.SOO lno.
4.0OO' 61.ii50.koo; il4.2iu.ooo
Leya! tender*.... J02,776,m>O the. U4‘*.«o0 80,158,500 111. 132,900
R e s e rv e M d .......193-.282.QOO Itte, 05X.200 146,UW,3oo: 175,397,800
Loyal reserve---- 151.H20.fi25 l» o . 074,700 125.872,025 141,992.500
Surplus reserve 41,301,375 Dec.
23.500 32.237.275 33.403.3QO
F a r e lr a E x c h a n g e .—T h e m a rk et fo r foreig n e x ch a n g e
w as d u ll o n d g e n e ra lly firm during- th e ea rly part o f th e
w e e k , b u t i» easier to w a rd s th e close.
T o-da y 's a ctu a l rates o f e x c h a n g e w e re a s fo llo w s : B a n k
e t s ' six ty
d a y s ' ste rlin g , 4 Sfkjj-t 88 b f ; d em a n d , 4 8?<#
4 8714'; ca b le s , 4 8 7 a 4 (n % .
F ooted ra les o f le a d in g bankers f o l l o w :
July 16.
Prime bw Bm tt
bitla on London.
Ptime oomm.^ro%i .......... .
.....
OoeamMitary cotiimercial........................
Parn biinfecrv rfrauwi..... ......................
Anjatetdam fault,!«»sl haakers.......... .
FranMortor Bremen tretdlinarta) bkere
Bixhj days.
Interest July
Periods. 10.
July
12.
July
13.
July
14,
July
15.
July
16.
2s,..................... reg, Q -M cb . * 97 * 96 * 96hs * 96% * 96*3 * 98
4s, 1907........... reg. Q .-Jan. m m *111 ia m i a g 1115* *U15s *1115s
112 *112
4s. 1907..........coup. i*.- Jaa 112)% *112 *112
112%
4s. 1925 . . . . . reg. y .-F e b . *124% *12.17e *1241* *12473 -\-23A *1237g
124-s *124 *124 7(3 124ts
—~---- - 4 s, 1925..------ cout*. Q .-F eb. *124% 125
— --- 5s, 1904..........reg . Q.-lW b. *114% • m u 114M *114% ‘ xlSbs -113%
5a, 1904..........coop. Q.-IV.b. 114h3 *11413 U 4 :v *114% *1145- '114%
Aug. 14 Gs. cur’ey, '9 8 ...reg. J. A- J. *101Xj *101 % *101*0 *10Ua -1011., *101%
Aug. 2 6s, our'oy, *99 .reg. J. & J. •KUts ”104% *V04!a *104h* *104% *104«
Aug. 2 4s, (Cher.U898.ree. March. *101% U0l4i *101% *102 •10 3 *102
Aug. 1 4s, (Cher,>4899,reg. March. *101% *101% *101% *102 *102 *102
— ------ This Is the price bid at the moruiug board; no sate was made.
W A L L STREET, F R ID A Y , .1 ('E Y IB, 1H »? - 5 f . BI.
T h e M 'D n M rfcet it ml P l n * t c l t l S it u a t io n ,— S evera l
fa c to r s h ave had an in flu en ce in s tim u la tin g n ew a c tiv ity
in W a ll S treet a ft e r th e d u ln ess w h ich w a s n oted last w eekR eporta e a r ly in th e w eek o f a sp eed y passage o f th e ta riff
b ill w ith its su g a r s ch e d u le supposed to be- fa v o ra b le t o the
su g a r re fin in g business had an im p o rta n t e ffe c t in s tim o la t.
in g a rise m A m e rica n S u g a r s to c k , w h ich in tu rn fa v o ra b lv
a tfe o te d th e w h o le m a rk et.
A n in cre a se d d e m a n d fo r a n th r a c ite c o a l o cca s io n e d by
th e -b itu m in o u s c o a l m in e r s 's t r ik e , th e J u d icia l d o c W o u as
t o th e u n eom stitn tion ality o f th e a iiti-tfn s t la w- and th e e le c
tio n o f a n ew m a n a ge m e n t fo r th e L eh ig h V a lle y R ailroad
c a lle d a tte n tio n t o the s e cu ritie s o f th e a n th r a c ite co a l eom and th e resu lt is n o ta b ly h ig h er e|UOt«tion».
T h « o ffe r in g o f tw o m illio n M etrop olita n T r a ctio n bonds
is report*-! to have b rou gh t o u t b id s a m o u n tin g t o fift y
m illion s, a nd sh o w * th a t th e in v e s tm e n t d e m a n d f o r firstcla ss bauds is la rg e ly In e x cess o f th e su p p ly. T he e ffe c t in
t h e S treet o f th ese variou s fa c to r s is s e t forth som ew h a t in
d e ta il in ou r re v ie w o f th e b o n d arid s to c k m arkets.
T h e C o n fe re n ce C o m m itte e w h ic h s till has th e ta riff bill
u n der co n sid e ra tio n finds som e d ifficu lty , it fa sa id , in a g re e
in g u pon th e w o o l a n d su g a r sch ed u les. I t is u nderstood
th a t p r a c tic a lly all o th e r m u tters are s e ttle d bo fa r a s the
C o m ia itt .' fa co n c e r n e d , a n d as b oth bodies rep resen ted are
in fa v o r o f a b ill, d ou b tless s o m e a g reem en t w ill noon be
rea ch e d .
T h e fo re ig n e x ch a n g e m a rk et has c o n tin u e d d u ll, w ith ou t
sp ecia l in flu e n ce in o th e r d ep a rtm en ts, a n d th ere seem s to
h - n o im m e d ia te p rosp ect o f a ren ew a l o f g o ld ex p orts.
T he open m a rk et ra te s fo r ca ll loa n s o n th e S t o c k E x
ch a n g e d u rin g th e w eek o n s tock a n d b o n d coU atem fa h ave
ra n g e d fro m l to 1 '4* per ce n t. T o -d a y V r a te s on c a l! w ere 1
t o l*d per ce n t. P rim e c o m m e rcia l p a p e r is q u oted a t ;}},« to
4 per c e n t.
T h e B ank o f E n gla n d w e e k ly sta tem en t o n T h u rsd a y
sh ow ed an in cre a se in b u llion o f £11,878 am i the percen ta g e
o f reserve to lia b ilities w as 48*88 a ga in st 40*87 last w eek : the
d isco u n t ra te rem ain s u n ch a n ged at 2 p er ce n t. T h e B ank o f
F ran ce sh ow s a d ecrea se o f 3,050,000 fra n ca in gold and
3.050,000 fr a n c s in silver.
T he New Y o rk C ity O u a r in g -H ouse b a n k s in th e ir sta te
m en t o f J u lv 10 sh ow ed an in crea se in the reserve h eld o f
! -97.
July to.
U n ite ’ St t s B on ds.— Sales o f G ov e rn m e n t b on d s a t th e
B oa rd in clu d e $24,000 4s, co u p ., 1925, a t 134% to 125; $300
4s. r e g .. 1925, a t 124yj: $14,000 4s. co u p .. 1907, a t 112 t o
112?4; S L 000 4s, r e g .. 1907, a t U l % ; $3,000 5s, co u p ., at.
114*2 <» 114sg. a n d $2,000 5s, re g ., a t 114®£. T h e fo llo w in g
are th e c lo s in g q u o ta tio n s :
Aug.
2 July 23 to Aug. 1
A OK. 21 —~ -~™- £0 ..... .......
AUg. 1 July 22 to July 31
On dem.
WiUlaiu-tmrg City.......................
JliwuuUaiicou#.
6
Consolidate*! lee pref........
H e«dew oa Briilgf;. _____ _ — .......
2*s
Hudson Hirer Telephone (quar.)
1
qmm j Mining.............................. $i
3
Street By*- & ill. Prop. pref.—
99*
Demand.
l 87
4 88
4 85hi*H 85%
1 8 5 <f l 85»i
s da
ie % 5 l-tii-V /is 15
11)1*41(15,8 ayii.&iOTfs
D5r.*n95q
W5»»»95!it«
T h e fo llo w in g w e re th e ra tes o f d o m e s tic e x c h a n g e on
S e w Y o r k a t fcho tin d er-m en tion ed citie s to -d a y : S a va n n a h ,
U n ite d Hiatt's S o b -T r e n -n r y . —Tin* fo llo w in g table show s
th*- da ily r-ceipts and paym ents nr the Sun-Treasury :
Balances
Dal*.
July 10:
12
33
14
“ m
** 16
Total..
Meceiplg.
Payments.
s
2,544,874
2,592.166
2 .1 --.. 3.870,741
•J.a-ta.iHM
5,553.17.1
$
3,243.0)9
3,065),! 26
3,132,433
5 3 7 -..;;
3,991.868
4,062,485
19.091,-04
23.472.579
Coin.
t mn Certs. Currency.
$
138,425.224
33,4 64.839
153.4*5,294
152,979,151
152.937,807
152.840,713
$
2,015,900
1.925.690
2.009,557
1,-22,852
1.793,934
2.150,560
37,955,000
57,55 -.001
58,949,179
05,899,121
54,221,074
54,840,281
Co< 11“ . - F o llo w in g are th e cu rre n t quotations in gold fo r
coin s
Fine Silver bars.. — 85% <t- — 61%
ankjmlgni...........8 t * « a $ i 01
Napoleons..............3 8.2
3 92
Five francs........ : — 94 «l — 96
X X Relebmarks 4 78
1 82
Mexican dollars.. —17i,s s — 48*3
25 Peseta-........... 4 76 as 4 SO
Peruvian sole.... — 12*9®— 43*s
M*MU. Doubloon,». 15 50 * t;» 70
Eugihli silver.... 4 86 a 4 90
M> x. Doutdooue 15 50 W 70
U. 8. trade dollars — 60 »
7ft
Kin*! gold bar- ... par S ’- sprwu.
S ta te and R a ilr o v i Knud-*.— Sales o f S ta te b o n d s a t th e
B oard Include* $5t).000 V irg in ia 6s d e fe rre d tru s t receip ts,
sta m p e d ,a t 4. $10,000 V irg in ia fu n d , d e b t 8-8s o f 1091 a t 6414 ,
$4,000 Tennessee settlement 8 s at
class A at 1051* to 10tt*4.
88S
4
and $2,000 Alabama
T he volu m e o f b u sin ess in th e m a rk et fo r ra ilw a y b o n d s
has in crea sed d a y b y d a y , O reg on S h ort L in e issues have
b een the s p e cia l featu re, th e n e w in co m e M h a v in g a d
van ced
n ea rly
.7 poin ts a n d th e 1st con sol.
5s 3
point* w ith in th e w eek . S ta n d a rd R op e & T w in e 6s are
3 poin ts h ig h er a n d an a d v a n ce o f fro m 1 to 2 per
c e n t is n o te d in the A tch is o n i,s-u.es, P ort W o r t h & R io
G ra n d e, C en tra l o f G e o rg ia co n so l. 5s, B u rlin g to n & Q u in cy ,
N ebraska Extension i-. Oregon Improvement consol, as,
Missouri K ansas & T ex a s 2*1* C olu m b u s & N in th A v e n u e ,
B rook ly n R apid T ransit and L e x in g to n A v en u e & P a v o u ia
Kerry issues o f th e a c tiv e list, w h ic h in clu d es also C en tra l o f
N ew Jer><-y, C h esa p ea k e & O h io, R ock Island, C o lo ra d o
M idland, Erie, L ou isv ille & N ash ville, M ilw a u kee & St,
Paul, N ew Y ork S u - a ieh a a n a «& W e s te rn , N orthern P a c ific ,
O regon R ailroad & N a v ig a tion , R ea d in g , R io G ra n d e W est
ern , St. L ou is 4fc San F r a n cis co , San A n to n io & A ran sas
Pass, T ex a s Sc P a cific, U n io n P a c ific and W a b a sh b on d s.
R a ilr o a d and M is ce lla n e o u s S tock s.-—T he s to c k m a rk et
lias been m ore a c tiv e than last w eek a n d con sid era b le
en th usiasm Jias d ev elop ed . A m e rica n S u ga r w a s th e prom i
n en t featu re d u rin g th e e a rly part o f th e w eek , se llin g a t
y m £ on T u esd a y , an a d v a n ce o f o v e r 13 poin ts sin ce J u ly 1st.
This s to c k w as in d em a n d b y p u rch a sers w h o th o u g h t th e y
co u ld foresee th a t la rg e b en efits w ou ld a ccru e to the A m e r i
ca n S u gar R efin in g C om pan y b v th e a d o p tio n o f th e ta riff b ill
a n d b y sp ecu la tors w h o w ere sh ort o f th e stock . On W e d n e s
d a y it b a d d rop p ed & poin ts t o M 21,; a n d closes a t 184?£.
The rise in S u g a r ca u sed a s y m p a th e tic a d v a n ce in a ll d ir e c
tions, esp ecia lly in th e m iscella n eou s list. A m erica n T o b a c c o
ga in ed 6 point.-’ , U n ited S ta tes L ea th er p referred 31* poin ts,
C h ica g o G as, G en era l E le ctric a n d W estern U n ion a p oin t or
m ore ea ch .
O f th e ra ilw a y list the a n th ra cite co a l shares have b een
con sp icu o u s hi a n a d v a n ce a v e ra g in g n early 3 per ce n t,
stim u la ted b y th e strik e o f th e b itu m in ou s co a l m in o rs a n d
b y th e ju d ic ia l d ecision ren d ered on M onday d e c la r in g th e
an ti-tru st la w , u n d er w h ich a n aotlStt w as r e ce n tly b egu n
a ga in st the coa l co m p a n ie s , u n co n stitu tio n a l. T he gra n gers
have co n tin u e d s tro n g . S t. Paul s old a t 854$ o n W ed n e s
day. th e h igh est prion q u o te d to r th is s to c k s in c e 18W. N ew
Y ork Su squ ehan na & W estern has been a p rom in en t fea
tu re, th e c o m m o n a n d p referred h a v in g a d v a n ced o v e r 3
and 5 p oin ts resp ectiv ely on ru m ors o f a ch a n g e in th e c o n
tr o llin g in terest o f the p rop erty. T h e a c t iv it y n o te d last
w eek in M inneapolis & St. L ou is, C h ica g o G rea t w e s te r n
and B es M oines & F ort D o d g e has con tin u e d , a n d these
stock s, to g e th e r w ith R ib G ra n d e W es te rn , B ro o k ly n R apid
,T ran sit. .M etropolitan T r a ctio n a n d A m e rica n T o b a c c o have
ad v a n ced to th e h igh est q u ota tion s o f th e year.
THE CHRONICLE
100
[VOL. LXV.
NEW YOKE 8T0CK EXCHANGE—ACTIVE STOCKS fo r week ending JU L Y 16, a n d ainoe JAN. 1, 1 8 9 7 .
HIGHEST AND LOWEST PRICES.
(Saturday,
July 10.
inlay,
ly 12.
Tuesday,
July 13.
Wednesday, Thursday,
July 14.
July 15.
Friday,
July 10.
STOCKS.
A e t lv e K R . S t o c k s .
Atchison Topeka & Santa Fe.
_
prof
Baltimore A Ohio.................. .
Brooklyn Rapid Transit........
Canadian Paoitio..................
Canada Southern..................
Central of New Jersey.......... .
Central Pacific........................
Chesapeake & Ohio................
Chicago A A lton .....................
Chicago Burlington A Quincy
Chicago A Eastern Illinois...
™r
•t)0
pref.
Chicago Great Western........
Chicago Milwaukee A St. Paul
Bo
pref.
Chicago A Northwestern___
r t t e n,B.re 51?*°,1
^ o r
I n a c llY e
D,° 8ale m ade- 5 Less than 100 shares.
S to ck s^
see
fo llo w in g ; p a g e .
Sales of j
Range for year 1897.
the [On basis o f 100-thare lots.V
Week,
1
Shares.
Lowest.
Highest.
5,530
18,373
460
35,482
1,250
910
19,892
200
3,055
9% ADr. 19 13 June 28
17 Apr. 19 25% Jan. 30
9 July 10 18 Jan. 8
18% Jan. 7 31% July Iff
46i9 Mar. 29 660ft July 14
44ieJa.iL 13 51% Mai*. 17
6814 May 24 103% Jan. 19
7% Apr. 20 15 Jan. 5
150ft Mar. 29 18% Mar. 15
$150 May 24 $170 Mar. 1
57,377 693ft Jan. 5 8 s* June 29
37% June 7 45 Mar. 13
115 $95 Jan. 8 101 June 26
37,148
30p Juno 23
9% July 14
141,044 69% Apr. 19 85% July 14
601 1301- May 6 140% July 15
8,043 1013* Apr. 19 118% June 25
205 153 Jan. 12 165 July 13Chicago Rock Island A Pacific 34,818 60% Apr. 19 76% June 28
Chicago St. Paul Minn. A Om. 20,850 47 Jan. 2 65% July 15
_
Bo
pref.
1331* Jan. is 145 June 25
4,800 21i* June 1 330ft Mar. 17
Cleve. Olncin. Ohio. & St! L...
_ ,
Do
prel.
63 June 16 80 May 6
8,545 99op Apr. 1 121% Jan. 6
Delaware A Hudson..............
530 1461* May 20 158% July 2
DelawareLaokawanna&West
Denver A Rio Grande...........
9% Apr. 20 12% Jan. 19
920 36 Apr. 20 43’ * Feb. 1
Bo
pref.
8,310
Des Moines A Ft. Dodge .. . .
7 Apr. 5 14% July 10
100 60 July 13 65 June 30
Erie .D.°.........................f™*/
303 H i* Apr. 19 15% Jan. 18
425 27 Apr. 19 35% Jan. 18*
Do
1st pref.
_
Do
2d pref
15i* May 24 21 Jan. 15
150 120 Jan. 16 123 July m
Great Northern, pref.............
Ili lnole Central. . .
2,810 91i* Apr. 19 98% June 29
Iowa Central.......
............
20 6 Apr. 15
8% June 18
Do
.................
23 June 8 29 June 23
pref.
250 13 May 11 18% Jan. 18
Lake Erie <KjWestern
220 5314 Apr. 1 70% Jan. 20
ho
pref
Lake Shore A Midi.Southern
110 152 Jan. 2 175 June 22
Long Island............
40 June 10 55 Jan. 8
27,115 40ifi Apr. 19 52% Jan. 19
LouieviHe A NaBhyiUe..
Manhattan Elevated,consol' 10,00- 313* May 6 93 Mar. 2
2,370 99% May .3 111% July 16
Metropolitan Traction .
42 90 Jan. 28 101 June 29
Michigan Central. .
3,445 16 May 14 25 July 14
Minneapolis A S t L o o i s I " "
214 773* Mar. 18 84 July 7
Do
1st pref.(
1,7; 0 46 Feb. 26 54% July 14
„
Do
2d pref
742 10 Apr. 19 14% Jan. 18
MlssonrlKansas & T ex as....
2,5b0 24% Apr. 19 32% Mar. 18
Do
nref
Missouri Paoiflo...
0,125 10 May 6 24% Jan. 18
Mobile A Ohio .
...........
100 18 June 8 22% Jan. 12
5,493 921* Feb. 18 103% June 28
New York Central A Hudson'.
112 11 Feb. 11 14% Mar. 15
New Y ork Chicago A St. Louis
Apr. 15 75 Mar. 17
Do
let pref.
'Too 675ft
24 Feb. 10 34% Mar. 17
si ,P 0. „
2d Pref.
185 160 Feb. 2 §178 Jan. 4
NewTorkNewHaven A Hart.
New York Ontario A Western. 10,2 67 123* Apr. 19 15% Julv 14
New York Susq. A West*.new. 15,990
fii* May 28 13% July 15
Do
orer 37,343 18% May 20 35% July 15
Norioik A Western. . . . . . ___'
9 Apr. 19 14% Mar. 11
132 22% May 5 30% June 11
Do
pref
1,140 11 Apr. 19 16% Feb. 1
Nor. Pacific Ry. voting tr.otfs.
Do
ore! 17,942 32% Jan. 5 43% June 14
300 16 June 8 21% June 23
Or. BE. A Nav.Co.vot.tr.ctfs!
410 3r. % Jan. S 56% June 9
Do pref., v o t trust.otfs.
Oregon Short Line
5,630 17 % July 9 20% July 14
Pittsburg Oinn, Ohio. A St." L
2,210 11% Mar. 29 14% July Iff
Do
802 44% June 25 52 July 16
Reading, voting tr. certits
62,820 16% Apr. 19 23% July 15
1st pref., voting tr. certifs. 30,360 *38% Apr. 19 48% July 15
2d prel., voting tr. certifs
3,714 122% Apr. 19 28% June 29
Bio Grande Western..........
1,500 1 i % .1une 6 23% July 14
Do
prer.
1,235 $25 May 26 54 July 12
St. Jos. <fc Gd. Isl., vot.tr.ctfs.
611
3% July 15
3% June 14
600 37% June 10 41% June 18
Do
1st pref
Do
2dpref. 172 11 June 10 12% June 24
St. Louis Alt. & T. B.,tr.loots
§60% May 11 62 May 20
St. L. A San Fr., vot. tr. otfs.
1,812 4 Ax>r. 19
6 June 14
5,334 37 Jan. 29 50% June 18
Do
1stpref.
Do
2dpref. 410 12 Apr. 15 17% June 15
St. Louis Southwestern..........
20
1 Apr. 1 4% Jan. 18
Do
pref
500
3% Apr. 1 11% Jan. 18
St. Paul A D u lu t h .......... . . .
20 J an. 4 22% June 16
Do
pref.
12 §72% July 16 §87“ Feb. 3
St. Paul Minn. A Manitoba.
114 Jan. 28 118 Mar. 3
Southern Paoiflo Co............. .
2,240 13% Jan. 13 16% July 14
Southern,voting trust, cert'lf!
1,623
7 Apr. 19 i 10 Jam 16
6,804 22% Apr 19 30% June 29
Do pref., voting trust, oert
Texas A Paoiflo................
8 Apr. 1 11% July 15
5,115
Union Paomo trust receipts"
1,475
4% Apr. 19. 10 J an. 5
Union Pacific Denver A Gulf.
1 Apr. 24! 2% Jan. 0
200
WabaBh.. . . . . . . . . . . ___ ______
4»ft Mar. 29! 7% Jam 16
515
Do
prel.
1,320 11% Apr. 19 17% Jam 18
Wheeling A Lake Erie___
490
%June 1 6% Jam 2
Do
pref.
20ft Apr. 15. 29 Jam 5
160
M is c e lla n e o u s S t o c k s ,
I
American Cotton Oil Co........
450 9% May 28 15 June 15
Do
pref.
1,217 52% Feb. 16 64 July 1
Ainerioan Spirits Mfg. Co__
3,688! 9% Apr. 23 14% Jan
9
Do
pref
1,690 26 Jan. 5 34% Mar. 1
American Sugar Refining Co 280.891 109% Mar. 29 13 •% July 13
Do
pref
109% July 13
3,110 100% Jan.
American Tobaooo Co........... 101,40s 07% Feb. 15 80% July 15
Do
pref
200 100 Feb. 11 109% July 12
Bay State G a s........................
4,71 ‘t 7% Apr. 17 15% June 25
Chicago Gas Co., oerts. of dep. 39,946 73% Jan. 5 90% June 2d
Consolidated Gas Company
7,5*1 136% Jan. 2 169% July 15
Consolidated Ioe Co.............
4,375 30 June lb 41% July 13
Do
pref.
1,599 80 June 10 89 July 14
General Electrio Oo..... ........... 10,671 23% May 17 36% Feu. 2
National Lead Co...................
6,475 21% Feb. 16 31% June 29
Do
pref
1,170 88% Feb. 13 w9% June3(>
Paoiflo Mail............................. 18,315 24 Jan. 0 32% July I2
Silver Bullion Certificates__
60 J une 9 65% Jan. 27
St andard Rope A Twine........
2,036
3 % J une 29 11% Jan. I9
teunesBoe Coal Iron A R R ...
4,211 17 May 20 31 Jan. lg
United States Leather Co......
912
6% May 22
o% Jan. I9
Do
pref 11,983 50 Apr. 2
64 J an. I9
United States Rubber Co.......
1,9 L8 10 June 3 25% Jan. lg
1,181 52 July l v 76% Jan.
Do
pref.
Western Union Televrapb___ 11.203 75% May 7 *<>• Mar. 1 rj
t Range dated from Hating on Exchanges April 3,
THE CHRONICLE.
J uly 17, 1897. J
101
NEW YOKE! STOCK EXCHLIVUE PRICES (C ontiaaed)— INACTIVE STOCKS.
July 16.
ikactiyb Stocks ,
f Indicates unlisted.
Range (sales) »» 1897.
Bid.
Lowest.
R a ilr o a d S tock s.
170 Feb.. 177% Apr.
Albany & Susquehanna------ .100 175
9
9 Jan. 10% Jan.
11
Ann Arbor.........................
100
22% Apr. 29 June
Preferred.............. -................. 100 ;27
% Apr.
% Jan
Atlantic A PaelUc......................100
Boston ,tH . Y. Air lin e pref ..100 105 107 102 Alar. 105 Jan.
20
18k May 20k Jan.
Biitlaio Rochester & Plttsonrg.100
60
55 Feb. 55 Feb.
Preferred................................. 100
6S Apr. 72 Feb.
75
Bari, tiedAT HapMs A Hot. . . —,100 63
40 Feb. 4 0 k Mar.
Olev. Lor&ln & Wheel, pref......100
161 Apr. 168 k Jan.
Ci.-v.-. and * Pittsbure...........— 50 165
:3%
1% Apr. 13 Jan.
Col. Koclt Valley A T o !...........100
40 Jan.
46 Jan.
Preferred................................ 100
3 Apr.
3k
Feb.
Duluth So. Shore & Atlantic 1i .100
6 k May
8 Jan.
6k
Preferred 9 ------- ---- ----------100
20 Jure 24% Feb.
£vai;srll!c& Terre H aute..— 5<>
30 June 40% Jan.
Preferred...............................- 80
7 June 11% Mar.
Flint tt Per® Marquette........... 100
30 Mar. 37 Jan.
Preferred................................ 10>
2 7 k Apr. 35 Jane
10
Greco Bay & Western......... ...100 fO
50
Deb. ecrtfs. A ........................ 1000 4U
4 Apr.
5 ja s ,
4k
4k
Deb. (serifs. B....................... 1000
2 Feb.
3 Jan.
Keokuk <k Des Moines.......— .10*
S% 4
u
15 k 12 Mar. 28% Jan.
Pref erred................................100
32 Feb, 32 Feb.
Keokuk A W estern................. 100
9% July
Mexican Central.................... ...100
3%
Ok 7 k Apr.
2
1% June
i
s
I k Mar.
Mexican National tr. ©its------- 100
M orris* Essex.......................... 50 166 170 162% June 167 Jan.
70
Jaa.
71
June
Nash. Chau, a 86. Louis .......ICO
44 M»r. 44 Mar.
New Ena land..............................100
324
May
295
Feb.
»o ;310
S. Y. ,<c Uarletn — ............. . .. So
119 Juts. 122 Mar.
.100
N. Y. Lack. * Western..............100
2k
k June
2 k Feb.
Peorta Decatur A Evanstllie ..100
fr
it
5 Apr.
„1 0 0
8 i 3 k Feb.
Peoria & Eastern..............
150 May 169% Mar.
Pitts. Ft. w. A Chic. K.-iar ......100 167
ism- ;182
■
177 May 185 Jan.
Beueeelaer A Saratoga..............100
116 Mar. 120 July
Bouse Watertown & C iders, 100i|120
25
Toledo & Ohio Central............ 100; -----70
Preferred.................................. lOOj *0
1 June
2% Jan.
Wisconsin Cent. rot. tr. ctfs...UWl
lk
* No price Friday latest price this week.
NEW
SECURITIES.
YORK
Bid.
I nactive Stocks.
f Indicates unlisted.
Highest.
{% Indicates actualsales.)
July 16.
Range (sales) in 1897.
Bid.
Lowest.
Highest.
m is c e lla n e o u s S t o c k s .
Adams Express.......... ........... ..ICO {152
147% Feb. 155 Jan.
42^3 45
American Bank Note O o f _______
American Coal.......... .......
— 25 120 130 113 "A p r. 125 ‘ Tan
American Express........... ......1 0 0 113 115 109% Jan. 115 July
Amer. Telegraph & Cable........ 100 592
85% Jan. 94 June
Brooklyn Union Gas.................. 100 5110k 112
85 Jan. 112 July
Ohio. Juno. By. & Stock Yards. 100
102% May 105% Apr.
Colorado Fuel & Iron______ ,.100 ;i7 %
15k June 27 Jan.
Preferred__________. . . . ____100
SO
75 Feb. 85 May
Col. * Hook. Coal tr.rets.ail pd.100 " 3 %
4k
3 k June
4k Mar
Commercial C a b le ............... ..100 165
162% May 162% May
Consot. Coal o f Maryland........ 100
38
35 Feb. 37% Jan.
Detroit Gas— ....................... -.100
20 Jim.
25 Jan.
Edison Elec. 111. of N. Y ........... 100 i i i 7 118 101k Jan. 118 July
Eiilson Eleo. 111. of B rooklyn..100 105 108
97 Fob. 109% June
Erie Telegraph Ac Telephone ..100
63% Apr. 67 Jaru
Illinois Steel............................... 100 135
29% Apr. 42 Jan,
Laclede Gas..... .........................100 52S
22 May 28 July
Preferred..... ...........
100 80
82
70% Mar. 83% May
Maryland Coal, pref...................100 45
40 July 50 May
60
Michigan-Peninsular Car C o ...100
12 Jan. 12 Jan.
100
Preferred...................
42 May 52 Feb.
Minnesota Iron...........................100 55
58
38 Apr. 57 July
National Linseed Oil Co............ 100 13% 15
10 May 15 Jan,
National Starch Mfg. C o........... 100
4
3 May
5
5 k June
New Central Coal.......... ......... 100
4
4 k May
8
5% June
X. Y. A East Hirer Gas *T......... 100 537% 93 ! 60k June 93 July
Preferred 7 ............................ ..100 5111% 113%' 98 May 113% July
North American Co...................100
4% 3% Apr,
3%
5 Jan,
Ontario Silver Mining________ 100
10
6% J uae 10k Jan.
Pennsylvania Coal.............
50 325
340 Mar. 340 Mar,
152 Jan. 169% June
P it'm m P e a s e Car Co.............1(0 5170
1
[Quicksilver Mining................. ..100
2%; l% Jun e
l k Jan.
Preferred............................... ..1 0 0
7
3 1 8 Apr, I l k Jan.
120 102 Jan. 118% July
Standard Gas, nref.il................. 100 118
Tennessee Coal * Iron, y r e f...100 ........ ........ 1 65 Apr.
70 Jan.
8 1 6 Apr.
7% June
Texas Paolrte Land Trust...___100
6%
0 .8 . Express...............................100 42
45 s 37 Feb. 43 Ju y
Wells. Farso E xpress.............. 100 11Oft ........1 07 Jan. 107 Jane
S Actual sales.
STO C K E X C H ANGE P R IC E S . - S T A T E B O N D S J U L Y 1 6 .
Ask i
SECURITIES.
Bid.
f
A 8k.;
Alabama—Class A, 4 to ft ... 1900 106%
Missouri—Fund. ..........18B4-1895
North ( «rollti:i-fl‘ , o ld ___ _ . J A f
Class R. 8a .......................... 1006. lo t
FcHSilmg a c t . . , ..... ........a.. 1900
01Mm. C. 4s................. .
1006 98
OmrtWBf Ittndlng 4s.. . . . . . . 1920 08 •iiwT
New bonds, J A J ...... .1892-1888
I'bsiiuiin Kit.................................
Arkansas—8«,tuiid,Uol.l8#9-l900 ........
Non H oilord.. . . . . . . . . . . . . . . . . . . . . . . . . . .
«j»*cuvi tax, etas. 1.................. .
' "usultdatid l . .................ioi(i 102"
7s. Arkansas Central RR.......................
Loutalaoa—7s, e o n s.............. 10.4 ......... ******
«*».......- ...................................till!) 128
Stamped t i .......... ................ ..................
fkmtk Cam!inn-- -%
20*40-1083 103
E*. iHkp-fnnd.
.
New mnml*, 4a. — ,♦****•.. 1014 oil
SECURITIES.
Tewtessee—6*, old........ 1892-1898
6#, &vr bond«........ .1302-3-1 BOO
Do
New series.... 1014
Compromise, 3-4-5*63. . . . . . . 1012
' liedemption 4a.**............1 0 0 7
1013
Do
4%a.........
Penitentiary 1 %«................ 19 U;
VirKliila funded debt, 2-3s__ 1991
i ns, defermt t's* rivets, stamped.
Bid, | x * .
83
64%
4
e n d in g
04>a
N ow Y ork L ily , K ostou a ml P b ila d o lp & ia R a n k s :
iCapUaVs'
Banka Switue. Loans, Specif. LeatOt. Dimtit#.' 0<reTr. 0!&irtng§,
Capital SurpCs Loans, S/wete. Legal*. [Deposits.
r
S. Y .
19., |l36tflM 81^,560,«:»0.(fj0.2,108,472.H 892,las.* 18.1*2,7 000^129,0
Bank of Now York. *2,000.0 *1,«4 1.8 *13,000.0 *2,010.0 *2.600.0 *13,940,0 June
•* 20 US, 111,6163 (.881 ,«■-80.400.3.10S.US.rt 507.064*6 13.870.1)
.ii■
■ i v 1\ t*
ora „ o2,725,0
,, 0,820.0;
,, 20,484,0it
fv* ....... %u
0mr ,0
2.152,5
I3.07M
Manhattan Co—
1:13,MS I.-1 632,707,9 80,498.811113,134,2 804.988*7 18,781,2
July
%QWJ) 1,054,2 15,4013 M M ,3 1,007. tf 15380,0
Xutefaants’—
■■ 10. 133J53.B 633.760,0 00,505,2 102,778,8 007,602,5 18,782,9 5Q%20S,0
2,000*0 2.089,9 0.477.0 l,15S$r0 1.594.0 M O M
Mechanics’ ....
{In , *
A s e r i e s ..........
2,550.1; 5398.3, 34,580.3
i.500,0‘ %m%i
1.000.
0
%m,$’ im M 1.380.01 4,264.0 3wy 3. ! 05,3(13,8 175,553,0 11,153,0;
4,157.0Fbenii..........
! « i I I I . 171.15.’ II in 6 74.0 7,047.(1 ! ® : o °
37,40:4,0 8,532,3:
u m
1.000.
0! 3.805.0
City-.............47,180*0
M 10.. ; «,a9,s,a i tilsto.o,10 .470 .0 7,034,0 182,112,0 7,94il,U i 94,780,8
150,0. 100,4 % w .m
41.0,9. 2.588.8 Fhilx,
Tradesmen's..
sim i
*
300,01 7,380,9
-Q'htmicad. .....
4,2354! 4,04O.ii- 243903
6,808,0
30.398.0 111,5b t.i>
38,484,0
118.230.0
57,810,0
578,5: 5.533.4
Merchant-** Exch’g*
104,3: 4,708,1; 9733;
800,0
3 4 , 3 9 3 ,0
117.621.0 0,794,0 70,871,8
3,.. r - h u i m s i m i
9234! 1,451,9' 6.551.4 iuiy
1*000,0 .1,640,2
34.893.0
“ IQ. 35.380.0 H3.I.3S.II:
117,079,0 «, 862,0
imSSnr*’ ’A 'hro^m’
m 185,9 M S I
1OMj 1.104.3
18231
S
* Wt omit iuei-ituher* in all thee* ,%l»rrJ.
tf* hauled <&TnfcT*
2m, ft 1,090,0: %mM
o
815*0 23503
1,000,4
105,4
184.8 1,000.7
♦iBoladln* tor lie*t-, 11sod Pnibulelphla the Item "due to other banks” .
SlUfflflflL. .-%***..«j
Umthm M*a«£iitfw.
iSm M 4.112.7
s»s
875,4 2.125.9
ttiscellaneoua and Unlisted Bonds:
f;!w i
000.0? i u : i
8 l l £ ? 5 New*York! j 1,2OO.0: 408,1 j 3,342,6;
450,9; 9.659.8
4,908,0! 20.798.0
.
Ammustm Mmmm&bi 5,000.0 2.443,2'.
MisceHnneoas
lionds. ,
MI*e«?-Hiia©ow » Bomla.
10,708,2
Cemmer&r.
■
H I ,.. ? J m 0 23,797,9: 2,608.41
5,000,0
Vil«.-(SJ.t.*.,5»!-UI8%l> Jeer, -t Ciaar. 0. & 1 .1st g, 5s *100 b.
B f w l w % y ......._ ...., i . m m 1,610,71 9.700.01
3'iiS:3 5.412.4 Cb.Jnn.Aa.
Colorado®,
A
I.
Istcorus,
u.
2d g. 5a .......................... .
85 h.
9.397.1 Gttlotado .Poe! A I.—Geo. 5») » 93
i
b
81
a,
Maatyif. Beaeh H. & L. g*4«,
401,91 2MZM 439,5;
Pacific....... ••
L ..
2.058.8 rail. & Hock. Coat A I.-lie, *. .......
Metropol.
T«L
&
M
1st
5a..
1,442.2
1,500.0
13.288.0 Commercial Cablis-lai is . 108 », MieL l*@aSa. Car 1st 5a......
Republic-......-.
mm*5 11.714,1; 2,482,4
450.0, 972,2
849*8!
Cfefttfeam...*....
6*918.1
osaGm / 7e,CWc,—1«t bg.5* 100 b. Matoal Ui.ion Teleg.—0»,g.. 110 h*
708,7; 23993 C
200.O': 242.51 y r n ^ i 2043|
Peopl*#*'....... .
i.’e BsrtieU-b<'n o. A t f—g, tis. ____
starch Mig. 1st 0»....... 101 h
501,81 8,884,0 1,082,3*
Morth Ais erica
..... ..
.*»*
7,976,1 Dei. Gas con. 1st 5................ 83%b. Nm.
700,0
h
m
t
N. Y <k K. J. Tciep. gen. 5s..
4230,5!
1*000,0 2.100,b 5®,
Hanover.......
, - 9,469.71 4,802,Si 28394.4 Edison Kloe. IU. Co.—ltt S»,. 113 b. Northwextctn Tclegra.|>li—7s
frrteft...........
'
i
w
i
5513!
3.157,0
2,982.05
of ftkljrtt., l*t 5s.. n o b p€‘Ople’ft Gm & 0. (1st g. 0s.
4ml$ 2.075.0
Giftaero*...
5193;
871*6 3380*8 Eijait.1)0
i7,-l., N. ) ,fo s i.« .
-----Co., Chicago..... |2d g, 6s. >108 b,
270, t 2,497,7
1933;
818,3 8*176,0 EaoltaWo 0. & I-l-lst ft .. 104 b
1st ooita. g, 0s.
115 a
7**8'“*'■
4 ,9*; 6*797.0
1,009.7/ 5.883.1
ItaSkat Hi Wuium.
844,5
South
Yuba Water—Con. 0a,
Shorn &
130,2} 3,019.0: 443,0;.
3.834.8
Rope T.—Inc. 5s. 17
1.318,2 0,100,7; 1*447.8! i j l f l 10,2433 didTMton’W b«rt% .5t»?5s. 100 b Standard
Corn Bxtitaftg*. ....
Sunday Creek Coal 1st g. 0s.
6.720.2 S
075.0;
ChmtteaiiUkl...........
a
f t 1’ / ! :
Western Union Taleg,—17a;*,,
0)6. o:
Oriental...............
1,701*0
148.0
ifga-cejav.
5a.
Western Gm coll. tr. 5 s...... w
20.2853
Itapovt«r«*ATT*d*n 1,500,0 5,055,7; 23321,0; 3,260,0
..........
Not* —"i,":ii,!lc-»te» price 641: " >” price aekea. * Latest price this week
3*000,0 3.210,3 25,;* *0,7 10,133,1:
%m\ Mtm.
250,0: 144,4 t
im &
'M
R a nk S to ck L is t— L a test prices, ( {N e w s t o c k . * N o t L is t e d 8,200,0! 2,108,3 23,471,9; 8,4*22,4 8,232. i 25,129,5
Pottstb..*,.
Csutrai.,...
1*000,0 620*8!
**1 S»296.0!
" || *13763;
*“*'*
2,493,0: 11,688,0
BANKS.
aksooad..-^.
Bid. j a sit, BANES,
899,01 1,100.0* 8.2713
Bide. Ask, BANKS. Bid. Ask.
W O ! 6813! 5*026,0
...
N inth.....750,0; 280,31 3,3443; 460,2;
406,5} 3,695*1
ritis........
. . .
5003: 7,0373, 28,575,11 33673; 1,109,41 21,041,6 America.___ S5o ~ ! ~
N.Y.Nat.Ex
(larSeiil......
k.
300.0*
1973i 1,240,3 Am. Exoh.. i m \ m
N1IS1&.......... 97«a
German Am 105
tm A
88.8
250,0. 620,3; 2,
621,0 3*164,0 Astor f'Uw* 220 1
Bowery...............
___
•$mfy
German Ex.4 800 330 19th Ward.. 100
428*01
Mow York Comity
3,410*9 Bowery*..,.. 00 ..... Germania....
I
2.ooto ; 498,9 i 2377,3! 609*1
N. America. 135
4313 2,7683 Brottatrsy... ]225 1250 areenwteli-...
MBHttm Amtotimm*,
7mM
M89*9l 289,0!
«wJ(i
. Oriental.....
m * m ......*
Pacific...... 170
500,01 1*502,8 18321,3 4,455,2! 4,873,5 28,9043 Butch.Al)r. 100 f130 Hanover......
PifCs Air«nne.........
88 Park...... .
100.0 1,119.0 7,5673 f.244,4 1*849,0! 8,8003 Ooutral f . ... 1130 185 I!H id© iSi Li* - •
546,1 2,221,4
#«#ina*E Kmhsmg^,
' "
|Hud. Elver.. 180
, People's....,
■0*7.2 3382,4 Chase..... . [400
3483
Chatham— \2®Q ’300 |lm.A Trad'rH 515 mo
3,3083
244.1
fileroiaafA............
Phenlx__ _
m
Culled
648.5:•
Oheiniofti... 4000 r
. Piara .......
Irving,...... .. 180
50031 030,7; 6.362,8; 1,010,5!
Isi&COtSX .
.
Ciw.____ .....
Heather Mis’ WO
974.O! 1/247,8
80O3I 821*2 6,153,2
...........
4783 l i p
145
125 j!40 Liberty*---- 1:30
751,1. 4, 0 0 0 ,4
Fifth
314,0 1*0 4 1 .7
130 172
200,9
276*8 1.848.8 Colomhia..,. ....... 170 Lincoln...... 700
pjib&.a Cammmrti.., ;2(H 210 Manhattan...
.3»akal 15* Mmmp,
4 ,7 J 3 /J;
Second.... 420
: EO
974.3
2,520,11 Continental. [130 1136 Markets Fill
2 4 0 t Seventh
m€m 334.7 2 . 3 0 7 , 0 ; 234.0 4f t l
299.8 0 t7 9 9 *O| 780.0 1,642,0 s.sao.o Cora Exeh... 12-95 300 Meohanles’. 190 200 Shoe&Le'th 91
600.0
1.803.0 Baat River., 125 i...... M'chs' it-Tra*
125 ;Sjftteo£ N.Y.
wmM 348.41 1, 8 0 2 .0 ;
804.5 3,111:1 18,812,1 n th Ward..
9.100,0} 6OL6 15.81*3,4
Mercantile... 105
!,Third........ f s
785.. 2 j
R jiiH a l. B’llyti...
9 4 9 .81
4 ,0 0 4 3 !
0023 9.334.0 Filth A m ... 8000:....... Mereliftnt.' 140 15 O ' Tradesm'n’B. 100
im M
F ifth'....,.. 1250 \....... Merch't. Ex. 112 120 12th Ward*.
9063 11,533.
Umimt BmM
1..3003| 885,8 11*333,9 1,8153
First.........
w m r tj Nuts Bag,It.
Meiropol’H... 440
. iCnlon.
306*3 3,807,’.
2033* 23<> 1,2, 980*4}
5003
383.1 8.801.8 First N.. S. 1. | ! i r [1*0" Mt. Morris.
659/2
30!
2 0 .x ;
4 , 0 0 3 ,0
175
1.000.
410,0 2,413,8 14th Street.
829.1
“ *
Bit. gf N. A8Mt«r«larn
, Jn’d States. 175
Nassau....... 140*
26031 2 5 3 ,3 3,1423]
Fourth**-**-, Ji¥o"
. Affis'darn,
lYorkville*...
. 89.033,7j74330,flj683,788.8 80,505.3^03,770^ 807,682.5 aaliatlis....
ew York... m
Total......
240 {Western..,., in t2o“
ilanseroofiv
jjN. Y, Co'nty m 5 700 iWest Side...- 730
Ju ly 10, 1897.
Basks ,
(00s omitted.)
%
o m it tw o cip h er* ( 00) in a ll cases.
fro
IS
pl:I
if
■B B £
116
810
THE CHRONICLE
102
BOSTON, r H lL A D K L P H I A
[Y o l .
AN1> B A L T IM O R E STOCK
E X C H A N G E *.
' s h a r e P ride* > u o i P e r Ceutunai Prices*.
Active B lock*.
% Indicates unlisted
barnrdav,
July 10.
12% 12%
Atlantic A Pao.
“
Ba.timore A Ohio (Balt.).
Ka.t. City Pass’ger 44
Haiti more Traction “
Haiti more Trao’nll (Phil.).
Bouton A Maine.
Oentr»; of Mass..
Preferred.........
Chic.Bur.A gum.
Chlo.Mll.<ft 8t. P. (
Gh»*\OAG.yot.t.e
a t . 8t.Ry.of Indli
Fitchburg n e t .( B
Lehigh Valley, (h
Metro pol’n Trao.il
Mexican CentT (B
New England....
P r e fe n e d ........
ferred
Old Colony. .. ( Boston) 100
Pennsylvania...(P h ila .). 50
P&iladelph. Trao. “
50
Reading Co........
“
50
Union Pacific.. . ( Boston). 100
Union Traction..(Phila.). 50
T1Intel J a n eou s S t o c k s .
Ain.bug’r Re tin. 11f Boston) —
Preferred........
“
...
Bell Telephone..
"
100
Boat. & Montana
“
25
Butte & Boston J “
25
Calumet A Heola
"
25
Canton C o ...... . (Ball.). 100
Consolidated Gas
“
100
E«ec.8tor. Bat'yH(PAi/o.).100
Preferred H
••
100
Erie Telephone. rBoffoni. 100
General Electric.
*'
100
Preferred. . . . .
IOC
Illinois Steel__
“
100
La:; *on StoreBer
44
50
Lehl’h Coal&Kav. (Phila.: 50
N. E. Telephone (Boston).100
Pa. Heat,L. APow (Phila.)___
Unit’d Gaslmp.
11
"
50
DP.1!
Weisbacli Light 1i V
West End Land..( Boston)
*B1 •and asked prloes: no
Monday,
July 12.
12% 12%
•8
10
*lS*s
1 213 2 ’ 3
1213 213
•159% l« o
10
58
*56
82% 82 %
83% fi8%
7% 7%
92% 92%
29*% 30*a
*65
71
*8%
•18% 14
14
40% 40*
40
18o% 180% 180
62%
52 % 53
•72% 72% 72%
10%l0l3,„ 10i-V
6 m *5%
•6
l l Te l l ’ s 11%
129%
108
22919
134
23%
395
12% 128p
b®s
71
14
40«h
IMO^
53
72%
u>„
6)s
11A
92% 92%
30%
30
Prices of July 16.
Atlanta & Charlotte (Ball.). 100
Boston A Providence (Boston). 100
Camden A Atlanticpf. (Phila.). 50
Catawlssa....................
“ 50
“
50
1at preferred..........
Central Ohio................ (Balt.) 50
Chicago A West Mich.(Boston). 100
Connecticut & Pass..
“
100;
Connecticut River__
100,
Cousol. Tract.of N.J.H(PAUa.).100
Del aware A Bound Br.
** 100,
Flint A Pere Marq...<Boston). 100
"
100
Preferred ...............
llestopvtUe PaBseng. (Phila.). 50»
Preferred If_________
44
50
Hu ut. A Broad Top...
“
50
“
50
Preferred...................
Kan. C’yFt.8. A Mem.lito*f<m).100
^referred... ________
“ 100
Little 8obuvlkili........ (Phila.). 50
Maine C entral...... (Boston).100
Mine Hill A 8.BaveD.CPArta.)_ 50
Naauueboning Val ...
“
50
North American Co..
44 100
North Pennsylvania.
41
50
Or.Bh. Line all asst.pdf Boston).100
Pennsylvania AN. w. (Phila.). 50
Phllaiel. A Erie........
“
50
Rutland...... ....... . . . ( Bosio7i).\00
Preferred...................
“ 100
bo nthera..................... (Balt.).100
^referred...................
“ 100
West End. . . . . . . . . . . . .(Be
. 50
Preferred ...............
5C
United Coe. of N. ,T.. (F
■lot
West Jersey A Bea 8k.
50
Western N.Y, A Penn
100i
Wi soon sin Central...flic
.10c
Preferred ...............
10c
Woro,at,Nasn.<vRocb.
100
l2hj
12%
213%
*
160
*9
•55
83%
84%
7A
214
214
16j
......
84A
85%
7A
92% 92%
30
30%
8A
SA
8 hi 8h>
30
30
70
70
*70
72
. .....
72
14
14%
13% ISA
407g 41%
40% 40s
180% 180% 181 181%
52% 53
527b 53
72% 72% 721% 72 A
11% 11%
6
6
6
6
11% 11»8 11.5s
ha
129*8 134% 134 137%
108 lv « \ 109 109 w
228% 22ft % 228 228%
134 134% 134 136%
235s 24% 237s 24%
390 390 *390 395
5730 *57
.57% 57% * .
20
20
20
20
21% 21% 21%
65
64% 64 ‘■0 64%
65
34% 34*s 34%
*___ _ 77
75
75 *9 *75
*32
*341, 38 % 34
*17
17% *16% 17-4 16A
42
•41
41 %
*104 % 105% 105 105 *105
14
14
14
73M 73ti
45
45%
•13*
*1%
1*4
1*8
sale was m ade.
Inactive Stock s.
Wednesday,
July 14.
*63% 61*s
*18hi
*63
*18%
213 213% 213), 213*4
213%
213 213 *
160 160
159 A 159A
10
9% 9%
•9
*55% 58
•55% 58
83%
82% h27s 83
83% 83% 83hi 845s
*7% 8
7 A 7A
92% 92%
28% 29%
n o 110
S% 8%
1283*
*107%
228
134
23%
395
Tuesday,
July 13.
58
22
61%
34%
77
84
17
41%
14
1*4
Bonds.
Thursday,
July 15
12% 12%
jukv
Friday,
July i6
12% 13
*%
1
*9
9%
*9
10
*63% ...
*63
*18% 18%
1830 18% 18 L 18%
214 214
213% 214
213 213 *2 3 214
i6 0 160
159% 160
-9
10
*9
10
*55
57 I
*56
58
83% 81
83% 84 i
84% 85% 84% 8=>%
8% 8%
8
8%
*15 ........
92% 92% 92% 92%
30% 30% 30% 30%
103% 110 *4 111 11’
*8% 8%
8% 8%
*30
35
•70
72
*71% ....
'71% 72 *
13% 13-%
*13% 14
40% 41% 40% 40%
180 180
181 181
53
53% 53
53%
72% 72% 72% 72%
1!% 11% 11% 11%
5% 5%
*6
6%
11% 11% 11% 12
Bales
of the
Week,
Shares.
Kauif*'of Hiti** ir. 1* 7
Lowest.
Hlgii
2,792
9% Apr. 20 13 June 28
15 Fob. 17 •37% Jan. 1
10 July 7 17%Jan. 8
59% Jau. 13 66 Apr. 17
17 Jan. 1^ 20% Apr. 2
120 17% Jau. 7 2078 Apr. 2
328 209 Jaa. 4 217 Mar. 4
11 205 Jan. 2 214 Apr. 7
243 157 June 2 166 Jan. I'*
20 9 Apr. 22 11 Jan. 20
50 56 Mar. 26 58 Mar. 3
10.6-3 69% Jan. 5 84% June 29
8,915 69% Apr. 19 85% July 14
3,377
6 May 7
8% July 16
16 Apr. 12 25% Jan. 20
43 * 9i Jan. 14 95 June 4
2
13,656 20% Fen. 18 30 7g Jan
29 99% May 3 111 July 16
1,310
9 ^ Jau. 3 0
7% Jan. 12
10 18 Apr. ■ 37% Jan. 19
2 57 Feb. 15 74 J une 2 5
11 67% Jan. 27 73% June 15
904 1078 Apr. 30 16 * Feb. 1
3,559 33% Jau. 15 4-*% June 14
152 176% May 26 181 4 Fuly 14
1,669 51 % May 3 53% June 29
584 66% Jan. 5 74 Mar. 4
29,816 8®ih Apr. 19 11% July 15
2 >0 5 Apr. 12
9 Jan. 7
4,654
8% Apr. 29 13% Mar. 3
132%134% 133 134% 54,73^ 109% Mar. 29 137% July 13
2~9 1 0 0^ JaD. 6 109* July 14
108% 109
108 109
297 205% Jan. 4 236 M*y 13
229 229% 229 229%
8,447 94% Jan. 2 137% July 14
134 135% 133% 135
23% •243g 23% 24
62,752
6 Jan. 11 24 % July 14
390 390
43 326 Jan. 2 39 > Jure 15
390 390
r........ 70
60 Jan, 8 67% Feb. 6
56 % 57 k 55% 56% 56 % 56%
"305 55 June 2 62% Jan. 15
19% I9 7e 19% 19% 19% 19%
615 15 • Apr. 22 31 Feb. 1
562 17 % Apr 30 33 Jan. 29
22
*22
22
22%
6%
6
65
65
65
71 63% Apr. 1 67% Feb. 24
6>
1,119 28% May 17 36% Feb. 2
34% 34% 34% 34% 34
34%
*75
77
65 66 May 18 78 Jau. 20
75
74% 75% 75
*34
36
37
*34
*34
36
50 29% Apr. 21 41% Jau 18
165 15% J m e 21 23% Feb. 1
*17
*16% 17
17%
17
17
41% 41% 41% 41% 41
48 37 % May 26 42 Jan. 14
41
47, 101 Apr. 5 107% May 18
106 106
105% 105% *105 105%
14% 1,396 13 Apr. 30 16 Mar. 18
14
14
14
802 70% May 3 75 June 16
7 3 a 73 % 73% 73% 73% 73 7y
155 38% Apr. 6 49% June 21
45
45
*1%
1%
550
1% 1%
1% J uly 7 2% Feb. 9
*i%
1*4
1 Trust rec.,all instal. paid.
133%
108%
22^%
135
24%
390
135%
109%
22sv
I ’ 7*,
215s
390
Bid
Asfc
Bonds.
Pie
Penn. —Onllat Tr. 4t* . . 13, J&) 109
} 7iH 75
94% 95
$119 119% Pa. « K. Y. Canal, ’ s ..
, tAJ.
2t5 267
■f 107 108
Con. 5a.......................19’
*< K W .. .
} 97
19
People’s Trao. truatuerte. 4s..l94o 100’s 101
1fie 4 104% Perkiomen, let ser., 5s.l916, Q—J
50% 52
fio o 101
Phila. A Erie.tten.M. 5 k., 1920, A AO 11 8
2 4 % ........
&........
Gen. naort.,4tt_____ 1920, AAO 106
6 j 8
98
§ 96
Phila A Read. 2d, 5 s ... 1933, AAO 125
148 1149
' $ 98 100
Consol, mort. 7a........ 1911, JAD 130
240 250
15 57
58
Conaol. mort. 6 g____ 1911, JAD
28%'........
DartrevpToent V(. ,,i( i.qcc'/ A AD lO iL j........
58
5 56
$ (to
70
Con. M.of 1882, 4s ...1937, J&J 102 eg ........
10
12
72
i 70
Terminal 5s, g . . . . . . 1941, u ,—F. 110** ........
24
26 Eastern 1st mort 6 g. 1906,MAS.. $121 123
Phil. Wilm. A Balt., 48.1917. AAO
50 I ree.Elk. &M.V.,l.st, 6s,1933, ena. §132
Pitts. O. A 8t. L., 7a___1900'. F*> I l l
60
Unstamped, 1st, 6s, 1933..
§132 ____ Heading Co. gen. 4s___ 1997, J&J
82t8 83*8
§ 6<>
70
8H*« 91
44%
f 91
93
1 0 3 % ........
11
15
* 71
72
Union Terminal 1st 5a........FAA
30
45
§121 122
Bonds,— Baltimore.
51
52
91
§ 89
Atlanta A Char;., Ist7a, 1907, Jit. 118
121 123
§100 103
Baltimore Belt, 1st, 5s.1990, MAh
To
80
53
2m.,
87
S ft5
Balt. C. Pass. 1st 5 s ... 1911, MAS 113% 114
55
§110 111
Salt. Traotion, 1st 5s.. 1929. MAS 11 2 !........
§ 70
71
Exten. A impt. 6s___1901, MAS 1< 6 106 A
"9”
20
21
No. Balt. Div., 5s___ 1942, JAE 1125s I127.
19
19%
2d consol, iuoomes. 3s, non-onm
8
8A
: 102
N. Y. A N.Eng,, 1st, 78,1905, J&J- §119% 120 i
"19“
§113 113%
: ........i
4 85
88
Receivers’ eertttloatea, 6a..Jd
102% 103
*........ 15
Do. Maryland Oonatruo.,5s...
100 101
5105 107
2d, 5s_,
.............. 1898, F&A u o o 102
i
'9 3
9^"
91% 92
CapeF.AYad.,8er.A.,6s.l916, JAJ
65
99% 99 A
._ _
112
246
Buffalo Hy. 0011. let, Ss..........1931
! 113
49% 50 Catawisaa, M.,7s........1900, FAA 109%
111%
A
2
2 A ,0 1 1 0 c . O k i a . * ( l u l l , p r i o r li n n 6 ?
........ Ob&rl.Col.AAug.ext.5fi.l910. JAJ 108 111
.......
1*9 2
General 5s.................. 1919, J&J
82
112
113
2
4 Citizens’ 8t.Ky.ol Inrt.,eon.58.1933
70 <
102% lo3
118 120 Column. 8t. Ky„ 1st, con. 5s..1932
<
9a. Car. A Nor. 1at 5 g . . 1929, JAJ 81% 61A
M ISC E L L A > K O r S
.Column. O. Crosstown, lst,5s.l933
Georgia
Pao.,
1st
5-6s...11*22,
JAJ
___
.......
Adoner MInV. asst pdf Ponton).. 25 •50 1*00 Consol. Tract, of N. J., Ist,5s.l933 ‘ 92% 92% ueor 80. A Fla., 1st 5b..1945, JAJ 115
947e 95
•1A 5 [Del. A B'd Br'k,1st, 78.1905,F&A 124
North.
Oatt.
6
a
...........
1900,
JAJ
106
. 25 22
22% [Easton*Am. lst.M.,5e. 1920,MAN 105% 106%' 6s.................. .. ............ 1904, JAJ 110
Bay State O a s t!......
50
6
6% Ueo. A People’sTrac. stock, tr. ctfs 72*, 72%
Series A, 5 s .. . . . . . ___1926, JAJ 114
Boston Land...__ _
4% Elmir. A W fim .,let,6s.l910, JAJ
4
10
4»s8 .........................1 9 2 5 , AAO l lu
Centennial Mining...
30
7
7A Hestonville M. A K., con. 58..1924 i i 5
Pitts.
A Connells. 1st 7s. 1898, JAJ 102% 103
Fort Wayne Elect.1..
26
% 1
tn n t. A Br’d Ton. Con.5s.'95,A AO 10 4 ........1 Soathern, 1st 5s.......... . 1994, JAJ yo
90%
Franklin Mining......
2f
15% K. C. Bun. Belt 1st (is... 1920, JAD 90
15
91
Virginia
Mid., 1st 6e... 1906, MA8 114
Frenchman's Bav U d.
5
%
•It Kan.C. Puts. A G. 1st 5s. 1923, A AO
2d Series, 6s................1911 MAS 118 120
Kearsarge Mining....
14
2i
19% Lehigh Nav. 4*116......... 1914, (j—J 113* 14~*
19
3d Series, 6s..... ......... 191 J, MAS 114%
Osceola Mining.........
M
26 35% 35%
2d 6e, gold.................1897, JAD 101% L015g 4th Series, 3-4-5a......1921, MAS
95
Pullman Palace Car.
44
IO C
169 169%
General
aiort.4AB,
K.1924,0—F
103
L04
5th
Series, 5 s .......... 1926, MAS 104%
Penns* Ivania bteei.. (Phila.).I Oi
Lehigh Val. Coal 1st 5a,g. 1933,'AJ 95
96
’West Va, C.A v . 1st, 6 g. 1911, JAJ 106 107
Preferred 1,.._.
IOC
Lehigh Valley, 1st 6e...l898, J&I 103% ........ iWilm, Col. A Aug., 6s..1910, JAD 115
Quincy Mining.. . . . . . (Boston). 2f 119% 120
2d 7a
.................... 1910, MAh 132 1___
MISCELI.ASEOUS.
emarack Mining...,
“
2.* 130 131
Consol ...................... ..
JAD 115 1 ...... 1Baltimore Water o s ...1916, MAh 122 123
ater Power.............
*•
xc<
% 1 Newark Passenger, eon, 5a...1930 1 08% 109
Funding 5 s . . _ _ .......1916, MAh 121% 122%
Westlngh. Elec. AM,.
'*
54 21
21 *, North Penn, le t, 1«....1936, Mi.vh 112%
Exchange S**8..........1930, JAJ
105% 105%
Prer., cumulative.
••
5< 49% 50
Gen. M. 7 s .................1903, JAJ 118
Virginia (State) 3s,new .1932, JA.
...... J
73%
B o n d s -B o tt o n .
Paterson
Hallway,
consol,
68........
Funded
debt,
2-3s.....
1991,
j
a
j
€4% 64A
At.Top. A 8. F. genera] g. 4 h, 1997 fcf-5% 85% Pennsylvania gen .6a, r.,1910, Var
133
Chesapeake Gas 6 s___ 1803, JAI
. C
104
Adjustment g. 4s, 1995.............. {50% 61*»
Consol.
60,0
...........1905,
V»i
118
119
C
O
o
n
e
o
l.G
a
o
,6
o
....„....1910,
JAT
115
Boston United Gas l 5s.
‘ 91% 92
^..........
1010
=1120 1
107A 108 *a
a'FtlceInolndea overdue oonnon.
f Unllatad.
» And aooru d interest.
THE CHRONICLE.
JCTLY 17 18i»T.J
103
N EW YOKE STO C K E X C H A N G E P R IC E S ( C o n t l n u e d ) - A C T /F £ B O S D S J U L Y
RAILROAD A*D
Mibcrllanbogs Bonda .
- 9mi
In rst
P rxet
] * * * > * J u l y 16.
Amer.8plrtt.M fK.. 1st, 6 g .l 915 M A s
Atm A rbor.—le t,4 s, k . ..1 9 9 o
At-T. 4 4 P . - N 6 * Ken. 4 s .l9 9 o A * u
A d )a stm e n t4 s...!........... 1995 «<>*
B* way«*r7tliAv.-lBtsCon.g.56,43
J
B rooklyn Elev. let, e g ....l 9 2 4
Union E le v a u » d .-0 g ....1937
Bklyn Kap. Trane.. 5 * ....1 9 1 5
Bklrn.U
BklT n. u n.Oae.let.eon.5K.1945
u. vtso,
B’ X ljrnW hrfA W .H -lst,5s.g. 45
Buff. R. A P.—G e u g. S s.1937
Canada Southern.—let.5e.1908
£ *
*
® A
7, ®
* «
" “
", *
A
2
N
R a n g e ( t a l e s ) in 1S97
____________________
if »pAes L
L ow est
77 a
70 Apr.
7 8 ^ b . 74% J a u
«0 % i . 8*9 Apr.
51*8
f l2 -,
41% Apr.
r iS * 4 Jan*
{
' ,4 b.
109 Jan.
81 % Feb.
80% Feb.
86 % Ju ly
51% July
120% May
79 % Apr.
79 % Apr.
87% July
113 June
101 Jan.
99 Feb.
113% June
108 Feb.
114 N July
92% Apr.
108% Mar.
115 Mar.
-118
— Feb.
104 *2 Feb.
90 Feb.
110 ^ Feb.
10 i Ki June
10 *l4 June
1213* June
12
July
112 Apr.
77 V* June
10 4 14 Mar.
91 June
1204 June
l o J 4 June
1 0 * July
9 7 ‘e June
91U inly
122 *4 J illy
115 Apr.
12714 July
'.® £«'>■
u3 Fob.
G
70 May
J
105% Jan.
91% Mar.
A 99
98
%b.
95% Mar.
=
• 110%b. 109 Jau.
107% 101% Mar.
Cent, o f G a.—let, g., 58...1945
A 111% 112% Feb.
80% June
Cons., 5». k .....................1915;
. 91%
Central o f N. J.—Cons.,76,1899 -}2 J 10«% b. 100% Apr.
113
b
113
% June
ConsoL, 7 s ........................1902 f * "
H
General m ortgage, 5 k . . . 1987 ,, ,, 112 % a .lO 0 May
98%
90 Apr.
f t
Leh.A W .B..00n..7s,asM.1900 $ ~ M
79 b. 75% May
“
m ortgages* 1912
* «
112
%b.
113%
Ju
ly
Am. Dock A Im p., 5 s ___1921 , “ ■
Central P a o W o .-G o ld . 6e. 1898 « * •} 101 %b. 100 Jau.
100%0.
99%
Jail.
Exten 5 g ...................... 189s J. *
CheA A O h lo .-S e r .A . 0 g ..l9 0 e f A O 121 b. .119
. . -----Jan.
M ortvage,6 g ...................1911 m £ 2 } r } ^ b'
le t consol., 5 g ...................1 9 3 9 ? } ® ? . I l l a ,| i0 7 % J a u
72 Mar.
General
4%
w ouerw
i ve,*,g ................
. . . . ----- l19921
. “ ® a, 77
97 Jau.
K. A A. D ir., letoon ., 4g 1999 •} ® , l <>4%
“
2deoo.,4g. 1989 % * J ,92%b. 66 Jau.
Bnrl. * __Q.—Oon.7e.l9o3i“
0Jkie.
U & _______
__ __________ _
. 3 117 b 115 Jau.
Debenture. 5
5a__________
1913 ?!
102%b.
Debenture,
* ...................1913
“ ** * 102
%b. 93 Feb.
Convertible 5e..................1903 5 ® ° . 1W> »• 99% Mar.
D enver Division 4e.........1922 *, * J
*9 Mb' 93 Pot..
* •% , 87% Jan.
Nebraska Extension, 4S.I927 ?} ® ? . 94
122
%b. 118 Mar.
Hen. « 8 t . Jos.—Cons.0s.1911 , ® »
Apr.
One. A E. 111.—1st, a f. Oe. 19079 A D 113 b. l i t
128
b. 124 Apr.
ConsoL 8g ...................... 193 a A ® °
(im ip r n ! n n n u v l
1 <r *,+
1937 ?* * ** 101% | 98% Feb. 102 J uqo
I09% b. 108 % May 112 Jan.
102-eU. 93 Jau. 105 June
1 3 e% 0.1 28 Jau. 139% June
l i « % b . 115% Jan. 120*9 J one
l»t» Southw estD ir., 6 « ..1 9 0 *j
■j l l « % b . 115% Jan. 120*4 June
1 * 1, 8o. Minn. D ir., 6s . 1910 *
Jl 1 1 5% I).U 2 Jan. 1 1 7 * June
I aLCIl A Pa^ W.Dlr.ft* . .1921 *
J 1008ib io «l% Jan. 11 J June
Chlo. A Mo. R ir.D ir.,5 * .. 1926 *
J 111 %6. 110% Jan. 115 Jane
115 June
W fifi
10 £ \
96 J au. 103 ‘4 j 11ne
Gen. M.f lie., B «rle«A ....1 9 6 9 J. A
1
1
H
b
J
e
ts.
1 1 1 * Feb.
UH
Mtl. * Nor.—i*t,con .,«*. 1913 • 4 1 1
*40 Jau. •44 Jan.
CiUo. * S . Pan., 1st, 5 « .. .. 1940 * A *J 4 2 *
145 *b . 110 J ail 1 *0 >* J une
OWo. A » . W.-4»niH>L,7*.191.5
116 Jan. 121*4 May
Coupon, gold, 7 * ..............1902*1 “ y 1 1 7 *
Blnking fund. 6*
....... I92i# ~ * C 11 7*0. 114 J au. 119 Mar.
Sinking?and, 5 * .............1929 A « ’J - 112
— * b. ^iOS* Apr. 113 July
7*
110 * J au. U 7% J uly
Slaking fund,do^oo..So. 1933;J} ^
H171%
9-Vyoar4o6ontartt, .5*...1»0*J!" * ' 109 b. 106 J au. HO Apr.
105 b. 101 Jau. 106 July
E i t*u*ioo, *« ................193B J, £
134 b. 131 May 134 Apr.
MU. L SU. A W . l*t. « x . m i Jf A
115 b. 112 H e r . 1 1 5 * June
E x te n ..« Imp., 5 g ..M.192^ » A
131 b. 1 2 6 * J au. 131 J mte
Ot&lo. K.l.et P oo.—6*.ooup.1917
J
105*t, i101 *i Jau. 10s June
£xt«u*tonantlool.. 5«...1 9 .< i • *
IOO*
93 Jau. 101 * July
30-jre*r <toboalOYO,5*... 1921 -!1 «
OU& St. P. M. 4 O .- B * . .. 1930 J A U 1.11 *'*. 124 Jan. 133 *1 May
C lor. lx»r. A WlMOt.—A 0...1933 A A ° l o o b. 94 H e f 102 Jan.
CL CL C. A 1.—COfMOl.7g ...1 9 1 4 ^ ^ D 132 b. 130 J HUA
iioorra l, oonm>t., 6 g . ... 1934 •* •* J 12 7*b. 1 2 3 * J au . 11 2 7 * May
WA*b. 9 2 * J au.
a 0 . f » 9 * . L - 8 t . U 1(1v .te. 1990 M A N
9 4 * Apr.
73
Peoria , Eastern. 4*. . 19401® A o
64 Jane ■ 75 Jan.
Col. .noth A re, gu. 5«, g .. 1993 M A 8 119 %b. i n . ,M *r. ,120 July
Ool.H V a i.A r o l.—Oon.,5g,lB31|M A 8 » 72 6. 63 Feb.
4 8 * Jan.
General, Ug____________ 1904;* A i< 52 b. 49 * Feb. 87 Jan.
Denv.A K lo G r .-le t.7 A g .1 9 0 ') M A N •110 b lo w * May 1 1 3 * Apr.
1st consol., t g ..... ........... 19 0 , 3 A J
* 7 * b » r * Jui
9 1 Juue
Dui. A Iron K’ ge—1»t. 5s 1937 A A U 100* b 9 7 * J Liue 10 J * July
D u i. MO. 6 6 . A A lL —5 r ___ 19.;? J A J '101MB. 9 9
■ * ■Jan. 10 4 Juue
“
jllt s ju n e
IrlbMin El. ill.l*t,«H > (i.g.‘>*.*9* J 4 J 111 Hb. 1 0 '4 * Jan.
Erie—4, g, prtur bou<l« . . . 1996 \ ♦ J 8 »
(44 * M k>' 9 5 * Feb.
Lleoeral,
. _...1996;J A J
B5
62 May
67 June
Erie Ry.—la I, eon., 7g . iWJo'M a *1 143
1 3 9 * '! ». 144 Juiy
JL’g lAiok, oenaol.. B g 1935 A A u 136
1.13 * Jau. 134 Mar.
Ft. W. A Deo. Oltlf.—4-B g. 1921 J A 1» 66 *«. 53 Jaa.
6 7 * Juno
Oal.ri.a«Han.An M .A P.D .l«t,5g M A % 89 b. 94 May
9 1 * Feb.
Den. Electric. Beb. 5a, g . , 1922' J A i * 94 b. 9*1 * Jan IOO June
69*
Uoaa. .% T . O o t gen. 4a, g. 1 9 2 1 A A o
7 0 * J uly
6 5 * Apr.
CUluoleCeutraL—4a,g. ...1 9 5 3 IM A S 101 *14. 9 9 * Jau. 103 Jan.
WaateruUnee.lat, 4a, g. lw.M F A A 105 b. lOO* Feb. 1 0 5 * May
laLJUireaC 4 a r — U M K * 1919 M A H 120 * b 117 May 120 * J uly
24, 4 * - 5 a ...................... . 1909 M A
HI * July
81 b. 73 Jau.
Iow a Central.- 1 i t ,5 g ___1 9 3 i J A D| 95
96 Apr.
97 * Jan.
King* Co. E ler.—l»t, 5g . 1925 J A J
45 b 41 Feb.
5 0 * Mar.
LaelM e fJ*A—lat, 5 a ,g ...i9 1 * <J-F 1 0 0 * b 93 * J an. IOO >9July
Lake Erie A West.—5g ...1 9 3 7 J A J 11 l* b . 1 1 3 * Jan. 118 June
L Bkore. -Oim .ep., l*t,7*. 1900 J A J 109 ab. iO-ir* July 114 June
^*>naol. co u p ., 2d, 7 a . . . . 1903 J A f>
■■119 J au. 12 4 * Mar.
O o M . d * . ....................... 1997 J A D 1 0 3 *
1 0 3 * June 104 J •lie
L n . V alT ar,—1st. gu.« .5*. 1941 A A o 1 »0 a 106 Apr. I I I * Mar.
Lex. A f. A PaV.F.gu. 5a,g 1993 M A #] 129% 1 1 5 * Mar. 120 July
Long latand.—la to o D .,5 g .l9 3 l tg—J l l 7 * a . 113 Jan. 119 May
General m ortgage.4c . 1 m « J A L> § V*b. 7 6 * Jan.
88 * Mar.
Loaia. A NaalL—Cona.7*..lH 96 A A Q 101 Vb. 1 0 2 * Apr. 1 0 6 * Mar. j
9 . 0 A Mobile. la t,B g ... 19*30 J A J 119 b. 116
Jan. 123 June
“
’*
24, Bg. 1930 J A J 100 b. 9 4 * Jan. 1 0 3 * Mar.
General, 6g . . . ................. 1930 J A D 1 16 *b. 1 1 5 * Jan. 1 1 8 * May
U n in e 4 .4 g .................. ..1 9 4 0 J A J
61
7 6 * Jan.
82 * June ii
Loula N. A. A Oil.—let,Be. 1910 J A J 112 b 111 Jan. 1 1 5 * June j
Qoa., Bg, tr. r*. ....... ...... m in t a A o ♦ 9
»81 Mav 192 * J 11 y I
R a il r o a d an d
M is c e l l a n e o u s B o n d *.
* Latest price this week.
¥ Y tIU K S T O C K B X C H i N t t E l * K I C E S - ( C o n t l i i B e i l \ , ~ I N A 0 T 1 V E
Bid.
A«fc ;
K a li r o a d K o m is .
( ftlo e k K je e h a n g t P r i c e * .)
▲i*bft<ri» Mid. —Ist.kL. xnar . 192H:
Atoh. T o p A Ban Fran —
^Iwwro A St. Lou -1
B«.1B15;
AUan. A Db b v .—1st, k , <W»..alB50
A el. A P i f l ,-
Wtmtsm Id vision Income.. 19101
J
HEUUR1TIE8.
1897,
CUosinn R a n g e ( r n i e t j i n 1897
P ric e
J u l y 16.
L o w e s t.
H ig h est
96
Manhattan consol. 4a....... 1990 A A 0
91% Apr.
96 July
Metro. E le v a te d .- 1 st, 6g. 1908
* J 11 7*b. 116% Jan. 121 June
Sd,6 l ................................ 1899 K* A. N 105 *4b. 101% J uue 107* Apr.
Mex. Interuat’l—1st. 4 , g. 1942 J* « 8
... 69 Mar. 73 Jan.
Mlob,Cent.—l8t,oon8.,78.190J|M A N 11 6 *b . 116 May 119 Apr.
Consol., 5e .............. .....1 9 0 2
Nj'lObSgb. 10s% June 10S Mar.
Mlnn.A 8t . L . - l 0toon . 58,g .l 934 ^ A N 1 0 4 * 100 Jab. 105 J uly
Mo K. A E . —1 8t58,g.,giL .1942 A. A O gl^gb. 88 % May
9 5 * Jan.
M. K. A T exas.—1st, 4 a ,g .l9 9 0 i J A D 84
82 Jati.
85 Mar.
2 d ,as, g . . . .....................1 9 9 ' F A A, b l *
54% May
63 Jan*
Mo. Pao.—1st,c o n ., 6 g....... 1920 jM A N 83 b. 68 May
8 7 * Jan.
3d, 7 a ................................ i 9 o^|M A N; 101 b. 98 Mar. 105 Jan.
Pao. o f Mo.—1 st, ex., 4 g .193- ? A A 10 3* b . 100 Apr. 10 < J uly
2d ext. 5 e ................. ..1 93^ J A J
100 Apr. 103* Jan.
St. L.A tr.M t.Ark. B .,5s.iu35 J A D 103%b. 103 Apr. 104 May
1st ext., g.. 4 * a ........ 1947 F A A 105 b. 104 June 104*June
79
Gen. R*y A lan d g r ..5 g .l9 3 i A A 0
67% May
8 0 * July
MobUe A Ohio- N e w 6 g ...1 9 2 7 J A D 120
116% June 1-1 Mav
6 9 * July
65 Apr.
General m ortgage, 4s
193- M « 9 69%
Nash.Ch. dcSt.L.—le t .7 e .. 1918 J * J 130 U. 127% Jan. I3 3 *ju n e
Consol., 5 g ........................lit 2s A & G 100%b. 98% Juue 102* Mar.
N. Y.C’e a t r il—I>ebt6 xt_ l * .l ;)0 M * N 104%
101% Jan. 104* Mar.
1 st, ooupon, 7 s .................190 ; J ® J 117%b. 117% Jau. 121* Apr.
D eben .,5e.ooap.. 1 8 9 t ..l 9 0 l ?J * 8 I l l b. 106 .Mar. I l l J-fly
N. Y. A H arlem ,7s, r e g .. 190(1 M A N I l l b. 110 Mav 114 Mar.
R.W. A O gd .,eou sols, 5 e .l 9 -2 .’ A A 0 121 a. 117% Jaii. 1 2 1 * .l uly
West Shore, guar., 4 s__ 2361-} ® J 109%
110*Juue
N. Y. Ohio. A St. L . - l g . . . 1937 A A O
103% Apr. 106* Mar.
N .Y .L a e k .A W .—l e t ,§ s ..l 9 2 l ;J * J 137%b. jia g ,Mar. 139* May
C onstruction, 5 a ............ 1923 F ® * 11. b. 116% Mar. 118 Jan.
N. Y. N. H. A H.—Con. deb. otf- ? A O 139 a. 132 % Feb. 140 Mar.
N .Y .O uL A V V .-K ef.ls, K.199 J M ® ,8 t o o . , f 88% Jan.
9 6 * July
Coneot., let, 5e. g . ....... 1939 S * 0 109%b. io s % Feb. 111 May
N .Y .S u s.A W .l»tref.,5s, g .l 937 ,£, * ■> 105 %b. 100 Jau. 105 Juue
Gen. 5 g ....... .............. i 9 t . F A A
81% | 68 June 8 l * J uly
Midland o f N. J., 0e, S ...1 910 A A J 119% 110% Apr. 119* Jan.
7 4 * Mar.
N or.A W , Rjr.—lat,oona.,4g.'90 A * ° ,!j* A M 07% Apr.
No. PaotBo—let, coup. 8g. 1921
* J 117 %b. 113 Jau. 1 2 0 * Juno
89% | 85% Jan.
Prior lien. r y . A l.g. 4. g. 199*
9 0 * Juue
General lien 3 g ............ 201 . %—F
56%
s i % Apr.
5 7 * Juue
9 7 % stay 110 Mar.
No. Paolflo Ter. Oo—6 g
193 - J ® J 104
Ohio A Miss. —Corns, f., 7 « . 189 - ■} ® J 102%b. 102% July 106 Juue
Ohio Stiufhern—1 st, 8 g . . . i a , ‘ ' A I) 85
‘.to Jan.
8 3 * Feb.
General mortgage, 4 g .,1 9 2 1 * ® ? !
9
t 8 * A.pr. * 15 Jan.
8 4. * Juue 100 July
Onsgonlm or. C o.—I e t 6 g ..l9 1 0 J ® G 100 a. i g
C onsol.,5 g ......................1939 A A Oj» 22 %
15 Feb. it 2 2 * July
—) Jan. 111*4 Apr.
O r».R.A Nav. Co.—let, S g .l » 0 ;> * J 111 b .jiu
HO Jan. ! 66 Mav
RR. A Nav. ooneol., 4 g . 19ID J * I)
Oreg 8b. Line— 1st,0 s.g .. 1922 F A A 12oa»b. t i l l * J a u . 1 2 0 * Ju ly
BO
«(j July j 8 * July
1st. . on Vs. g. ...............1940 J A i
40
! 44 July
4 9 * July
Nou cn.mil, me. A. 5 s.. .1910 kept.
Penn. Co. -4 % g ,o o u p ____I 9 2 l! } ® J l l l * b . iu 9 * J a u . 1 1 3 * May
Peo. Deo. A Evansv .—6 g. 1921 J * J 36 0 94 Mav 104 Feb.
W b.i 91 June 1106 Feb.
Evans. Division. 6 g ____ 192 1 M A 8
2d mortage, 5 g ................I92t; M A N t 15 b. 1 10 May I 2 7 * Jan
105*
b . } 93 Jan. j lii.V* J uly
Pitts. 8it. A U E „ let, 5 g.1940 A A U
Pittsburg A vv.sitern—4g .l91 7oJ A J
73 •* 06 June 7 4 * Jan
63*
8 0 * Apr. I 8 4 *J u n o
Rwaling <'«>.—Geu.. g. ts 199 * 0 A J
#6
7 0 * Mar. I 7 8 * J u u e
Rio Gr. Western—1st 4 g.. 1939 J A J
BO
j 6 2 * J u u e! 00 Juue
8t. Jo. A Or, fsl —
.. 1917 j A J
« i }1 J 1»- 112 Jan. 1 1 5 * Feu.
8t L. A San Fr.—0g.O L B .190'. *• A N
General mortgage. 0 g . . 1 9 3 1 'J A J
■> 113 b.;io8*Jan. 110 8iJune
J| 9wh
* 1 94 % .1 su
General, 5 g . . . . . . . . .
193 1 U A Jl
s r%
lOla-June
Railroad, 4 g . . . . . ....... 19981J A Jl 67%b. 02 % Jaiu
70% Juue
66 b.| 5
8 U U A » o . W. —let, 4a, g .19 3 M A N ' 08
59A
70 J a u
9 * Anr.
Apr.
25
2d. is , g.j Income . . . . ..1 9 s , i J A
28 J a u
15 Apr.
0t-P.M.AM— D »k .E *., 0' g . l 9 i.) M A N
6 j l l 6 % J in . 122 Apr.
lstooueul.,
»-.0 g ................ 193.1 M A J| 126%
,
- 1123
------ J.SU. 129 Juue
lO.t b 102 %J*tL 107-VJ une
94% May
«Ion «nn »exteneluu ,4 g . l . i t i i J A ul 93 b.i ,7 % Jau.
60 %Juue
8*n.Ant.A A .P .- U l.4 g .,g n .% j!J * J! 59
■ 5A % J au.
So. (her A Gn.—let, 5 g .,.1 9 1 . M A N 90 b.i 87% Pen.
93 Apr.
90% May
80. Pnelllo, Arts.—0 g ...1 9 0 9 -1 .) J A Jl 94%
90 Fob.
8o. Psolno. 0 *1 —0 g __1905-1 _ A A Oj 1 0 7 b.i 106 May 108 Jan.
85 Fell.
le to o n eol..g old , 5 g .... ,1 9 3 , A A Gi 90%
9'>%Juue
8o. Peoldo, « . M . - - 0 g . . . . . l 9 1 1 J ® Jl 103 b. 102 Jau. 106 %J une
87% Mar I 93% Juno
tfoatbarn—let oone. ( , 5s. 199 i J A J 90%
E. I'sno.re-irg Uoa4-5e. 193 , 3 4 8 ; 90 a i s o May | 89% Jau.
107% Jau. 111 June
K.T. V. A U .- l e t ,7 X ....1 9 0 ) J * J 108
Gou. 1 g .....................„ i u . i M A .V I09%b. lo 7 Jau. 109% Apr.
G eorgU p * 0. l« t > -'ls ,g ,,lu j. J A Jl •114 b. 197% Jau. I l l • Juue
K n oxr A Onto lstd s.g . l u j . J A J •113%D. 112 Jau. ; 1 10 %Juue
Rloh. A b e e f . oou. 0e. g.. 191 J A J 122% u 117% J a u 124 %J uue
W est.No.Oerlsioou.Oe.g 1 9 U J A J . . . . . . . 1111 % Jau. llil'e J u u a
8lei
06 b.| 00 Juue 79% J a u
LsmlsrU KoiH-jtr .l.t.OK. 19*<j |P
Yean O l. A tty -T e n . b . l e t . 6 . A A > 80 b.| 79 Juue 88 % Mar.
89 Mar,
Birmingham Dlv., 8 g .. .191 7 J A J
80 b.| 79 Apr.
85% Jau [ 93 July
Texas A Paoino—let, 5 g . . 20o i J A D 93
'2d, laoom e, 5 g . . . _ . „ 2 o o -darou
27% i i s A pr i 2s VJ une
T m elM kO aloU sat 5 g ..l « J > J A J 103 %s. 102 Mar. 108 F eu
ji00% May It 78% Juue
Tol. 8t. Ls A lie n .O .—0 g ,..1 9 lo J A Dll 76
1 0 J % b .!lo l% Mar. 105 Fen,
Union I'aoiao—« g . . . ^ . . . I S J s J A
95 Feh.
85 Jau
Ext. sluxlug fund, 8....... 189 ) VI A o f 92%
Collateral trust, 4 %.___191 s vt A < 'IS O a. I 19% Jau. 1 50 J a u
Count, tr. 0a, g. au tos... 1902 r A A 102 % l o t May 102 % July
Kan. P a o .-D e o .D lv .,0 g .l8 9 < vt A a 118 b U J % J a u . 117% May
leteooeoL , « g . .... ...1 9 1 9 M A a !| 7 t%
107 Jau. 178 J a u
196 >»Juue
O ».0.U A O fh N .—O u n .,5 g l9 l9 A A u _______103% Jau.
3 9 % Ju ly
U.P.l>en.AGuU,oon.,5 g.1939 J A D
38%
33 Apr.
U. 8. Leatuer—.8 P d o b .6 g .1 0 U d A N 112 t>. 110 May 114 Feb.
Virginia d id .—Gou..VI., 5a 1930 vt A > 1 0 1%b. 100 J a u 103% Mar.
W a b a e h -u t, 5 g . _ . ..„ 1 9 3 9 M A N 104 % 101 Si J i w 107% J a u
2d mortgage, 5 g. . . H. . .,1 9 3 9 F A A 69
03% Apr.
7 3 . Jan
West N. Y. A Pa-—let, 5 g .l9 3 7 J A J 106 a. 104% J a u 1 0 9 -.Juue
u e u 2-3-4S, g o ld .... ...1 9 4 3 A A O • 48 a. 43 May
50
Feb.
W ost-UuTei.—Col. tr. 5 e ..l9 3 8 J A J 107 %b. 100% J a u 100 June
V
C l 1st 5 g ...1 9 3 7 J A J l 33
128 May 140 Mar
N ora , —" b " indicates price b i d ; “ a” price a *ked\ tbe range Is made up from actual sales only.
S K u u a iT lls e
16 A N D F O B Y E A R
I n f tt
Period
Bid.
A ik.
B O N D S -J U L Y
I Trust receipts.
l« .
SECURITIES.
Sa.t. A Ohio let, 6s. Park B. 19l<> 1 0 5 * 106% Bmnnwtok A W*n—l« t , g ., 4«.lW 3 H
Buff. R.Ar Plttn.—R. A P.l*t,6»..1921
60
5s, gold ..................................1925
IbKsh. A Pitt*.—OonA.lnt.rt* 1922
Cons, raort., gold, 5 s . .......1 9 8 8
Clt!ttr.tV MAh.—lkt.iru..g ,58.1943
W Va. A Pitts.— s t ,g „ Se.,1990
B. A 0 .0 . W .le t , g.,4% a .1990
Bull. A Siisquoh.—1st, 5sf g . . l 9 l 3
M onoo. River, 1 s t , g. 5 s.. 191 j
Burl. C*d.Rap. A No. 181, 58.1906
Oent'l Ohio Reo .—l i t , 4 * 8 .1 9 3 j 9 7 * .......
Consol. <ft oollat. trust, .5s.. 1934
A k.VTh.Juno. —18t,g.M ygu.l9 *•
Minn. A St. L.—1st, 7s, g a ..l9 2 7
Brooklyn Eleva e<i—2d. Be.. .19
Oed. Rap. I. F. A N „ 1st, 68.1920
"lea-lde A B.B —lit.ir.Sft.gTi.l m 2 w r
1st. 5 s....................
...1 921
Bid.
125*
119
121
1 0 7 * 10S
105
104
THE CHRONICLE.
104
I VOL, L X V .
fO B K STOCK EXCHANGE FBICES.-IN A O T IV E BOXDS-fO ontinm dJ -J U L Y 16.______________
SECURITIES,
Bid.
Ask
SECURITIES.
Bid.
Ask.
SECURITIES.
Bid.
Ask,
N. Y. A Northern—1st, g. 5 s.. 1927 123 124
N. Y. Susq. * West,—2d, 4 % s.1937
80
85
Terminal, 1st, v. 5 s ............ 1943 107
91
93
Wilk.A East—1st,gtd.,g.5s. 1942
Northern Paoiflo—
St.Paul A N. P.—Gen., 6 s ..1923 129 133
Norfolk A South’n—1st, 5s,g.l94i 107% 109
Norfolk A W est—General, 6s. 1931 12314 - ---New River 1st 6s..................1932 118
Imp. A E x t . 6 s ....................1934
Col. Conn. ATer.. 1s t.gu.g. 5s. 1922
Ohio A Miss.—Consol. 7s....... 1898 •102% 1024
2d oonsol. 7 s .......................... 1911
Spring.Div.—Ist7s............... 1905 *ioi% lO'i
General 5s..............
1932
Ohio River RR.—1st, 5e...........193<
Gen, g .,5 s ............................... 1937
56
Omaha A 8t. Louis.—1 st 4 s ..1937
74
Oregon A Oalilor.—1st, 5a, g.1927
120
%
121
Ore. Short Line—1st, g. 6s___1922
Utah A North.—1st, 7s____ 1908 116
Gold, 5s................................ 1926 103% 106
Penn-P.C.C.AStL.Cn.g.4%sA194' 110%
Do
do
Series B 1942 110% .
Do
do
Series C 1942 107
Do
do
Series D, 4s, 1945 100
111% 112
:
P .C .A 8.L .-lsto.,7s................ 190
Pitts. Ft. W. A C.—1st, 7 s... 1912 137%
2d, 7 s ....... ...........................1912 137
3d, 7s.................................... 1912 132
Oh.St.L. AP.—lst,oon.5s,g.. .1932 115
Olev. A P.—Cons., s. fd., 78.1900 111%
Gen. 4%s, g., “ A ............. 1941
Do
do
Series B 1942
St. L.V. A T. H.—1st,6s., 7s. 189
2d, gnar., 7s..................... ..1898 *101%
Gd.R.AI.Ext—1st,4%s,G.g. 1941
Alleg.Val.—Gen., gu., 4s, g.1942
N. A0ln.Bdg.,gen.gu.4%s,g.l945
Penn.RR.—1st real, est g. 4S.1923
Cle.A Mar’ta—1st,gu.g.4%s. 1935
D. Rlv.R R. ABdg—lst,gu.g.4s.’36
Peoria A Pek. Union—1st, 68.1921 *115
.........
2d mortg., 4% s.......................1921 *79
Pitts. Cleve. A Tol.—1st, 6s... 1922
Pitts. A L. Er.—2 d g. 5 s ,“ A ” . 1928
Pitts. Me. K. A Y .—1st 6s.......1932 *141 143%
Pitts. Painsv. A F.—1st, 5 s ...1916
Pitts. Shen. AL.E.—lstoon.5s.1943 *99* 100“
Pitts. A West.—M. 5s, g.1891-1941
Pitts.Y’gst’nAA.—1st, 5s,oon. 1927
Rio Grande So.—1st, g., 3-4S.1940
St. L. A. A T. H.—Term. 5 s.. 1914 105
Bellev. A Car.—1st, 6 s .___ .1923
Chi.Bt.L.APad.—1st,gd.g.5s 1917 *105
St. Louis So.—1st, gd. g. 48.1931 *90
do
2d income,5s.1931
Oar. A Shawt.—1st g. 4s___ 1932
St. L. A 8. F.—2d 6s, g., 01. A .1906 115
2d, 6s, g., olas8 C .................1 9 06 11518 115%
1st, trust, gold .5s..................1987
Ft. S. A V. B. Bg. -1 s t, 6 s .. .1910
St.L.Kan.A 8.W.—1st, g.,68.1916
St. Paul City Ry, oon. 5s, g .. .1937
Gold 5s, guar..................... ..1 9 37
St. Paul A Duluth—1st, 5s___ 1931 110
2d mortgage 5s.......................1917 103 105
St. Paul Sunn A SL—2d M, 6S.1909 *122 123
Minneap. Union—1st 6s___1922 *120 125
Mont. Cen.—1st, guar., 6S..1937 11713 1191*
1st guar. g. 5s..................... 1937
East. Minn., 1st dlv. 1st 5s. 1908
Wbrr ar ASiouxF.—1st, g,5s.l938 108%
San Fran. A N. P.—1st, g., os.1919 *98
Sav.FLAWest.—1st, con. g.6s.l934
S aboard A Roanoke—lBt, 5 s.1926
8eat.L.S.AEaet.,lst6s,aS3t,pdl931
Southern—Ala. Cent., 1st 6 s.1918
Atl. A Char.—Inoome, 6 s ... 1900
Colum. A Green.—1st, 5-68.1916 —
E. Tenn.V. A Ga.—Divls.5s 1930
Rich.A Dan.—Eq. s. f. g. 58.1909
Deben. 5s, stamped.........1927 ‘ 98 .........
Vlr’ a Slid.—Serial ser.A, 6 s.1906
Series B, 6s.......................... 1911
Series 0 ,6 s .......................... 1916
Series D, 4-5s . . . . . _______ 1921
Series E, 5 s .........................1926
Series F, 5 s . . . . ______
1931
Gen., 5s, guar., stamped .1936 *io iiJ
Wash. O. AW.—1st cur.gu.4s. 1924 dr
"¥ I "
Sunbury A Lewis.—1st, g.,4s,1936
Ter. As’n of St. L.—1st, 4% s.l939 * iio % i'10 %
1st, oon. g. 5s...............1894-1944 107%
St.L.Mer. Br. Term,,g. 5 s,gu.. 1930 105 106
Texas ANew Orleans—lst.7s, 1905
Saoine Division, 1st, 6s....... 1912
Oonsol. 5 s ,g .......... . . . . —....1 9 4 3
93
Tex. A Pac., E. D.—1st, g. 68.1905
Third Avenue (N.Y).—1st 5s, 1937 1211* 123%
T. AO. 0 .—Kan, A M ., Mort. 48.1990
74
Tol.Peo. A West.—1st, g., 4S.1917
65
Ulster A Del.—1st, oon.,6.,5s. 1928 100% 102%
Union Paoiflo—
1st, 6 s .......... ...........................1896 103%
1st, 6s.......................................1897 103%
1st, 6s...................................... 1899 104%
Collateral Trust, 6s.............. 1908
98
Collateral Trust, 5s.......... 1907
76
Kansas Paoiflo—1st 6s, g . . 1895 111 .........
1st, 6s, g ...................
1896 115
O. Br. U P, - F . 0., 7s.......... 1895
Atoll. Col. A Pao.—1st, 6 s ...1905 *26
U. P. Lin. A Col.—1st,g„ 5s. 1918 *20
Wabash—Debenture, Ser. A . 1939
Debenture, Ser es B ............ 1939
22 % 23
Det. A Chlo. Ext. 1st, 5s, g .1940 *
100
St L.K.O.AN.—St.C.Bdge6e.l908 i n *
W estN.Y.A Pa.—Inoome 5s. .1943 *
13
W est Va. O. A Pitts.—1st, 6 s.1911
Wheel.AL.E.—1st. 5s, gold... 1926
90
87
Wheeling Div., 1st, 5s, g .,.1 9 2 8
89
Extension A Imp, g., 5s___.1930 "n o "
Wls. Cent. Inoome 5 s________ 1937
No prioe Friday; these i n tie latest quotations made this weak. F o r 'I l f i e l U i i e o a o itix id s-R e o 3d page preceding
Erie—(Oon.)—
OOhlo-Ool. * an.M.lst,4%s.l931i
143
•st, oon., g„ f d , 7s ............. 1920
92
Osnt. RR. A Bank.—Ool.g.5«. 193v
B. *4. V. A E.—1st, 7 b..........1916 132
Cent. Ry. of Ga.—
100
Bid. AB. W.—Mortg. 6s....1 9 0 8
1 st. pref. Income. *., 5» —
'edsrson—1st, go, g 5s ....1 9 0 9 106%
10><
2d. pref. Income. K-, 5 s ------194S
i n i A RR. —6a............... : — >???
3d. prof. Income.g., 5 s .........1945
(look
Alm ph.lst 6s, our’oy.1913 io T
Mao. dt Nor. Dlv.. 1st. g., 5s 1946
109
S ~*ns. A T.H.—1st, cons., 68.1921
Mobile Dlv., 1st, g., 5 s ..... 1946 94 >4 96
1
st,
general,
g., 5a............... 1942
112
Oent. of N. J.—Oonv,deb.,6s.190b •105
Wt Vernon 1st 6s...................1923
3uL Co. Br. 1st, g.. 5s..........1930
^ 1 ^ 3 8 , Merles A B C D . . 1898 100*
Evans. A Indian.—1st, oons.,1926
Gold 5s, series E ............... - 1898 100*
114
Flint A P. Mara—Mort., 6 s...1920
9an Joaquin Br., 6s........ • ,22}; 1G2%
1st, oon. gold, 5s..................1939
Mort. gold 5s......................... 1939
73
*70
Pt.
Huron
D
lv
.-ls
t,5
s
—
-193S
£9
Laud grant, 5s, g........ —- — 1990
ria. Cen A Pen.—1st g. 5 s..-.1918
CaL A O . Dlv., ext., g. 5 s .-.1918 102
1930
1st,
1.
g..
ext.
g.,
5s...............
West. Paclttc—Bonds. 6 s....1 8 9 9 101
1st oon. g., 5 s ............. ----..1 3 4 3
So. Railway (Ca’.l—1st, 68.1907
Ft. St. Un. D e p .-lst, g., 4%s .1941 1 0 5 *
87
50-year 5s...................... --1 9 3 8
Hal. Har. A San A n t—1st, 08.1910 108
Oent. Washington—1st. g., 6 b.1931;
2d mort., ...............................1905
Chas. A Sav.—1st, g., 7 s . . . . . -1936
Ga. A Ala., 1st, pref., g. 5 s ... 1945 103
Oies. A O.—Par. M. fond, 6S.1898 102%
Ga.
Car. A N o r.-lst, ga. 5s, g.1929
Craig Valley—1st, g., 5 s.--.1940
Hoasatonlo—Cons, gold 5s— 1937 120%
Warm 8pr. Val„ 1st, g. 5 s ..1941
N.
HavenADerby, Cons.5s-.1918
Blit. L.A Big Sandy-U. 5s 1902 1 01 * 101*
Hous. ATex. G —WacoAN.7s. 1903 125
110
Ohas. O. A 8o. West.—1st 6s, g.1911
1st
g., 5s Out. gtd)...............1937 109%
11 6s....... ............................... 1911
Cons. g. 6s (Int. gtd)..........1 9 1 2 103
Oh. V.-Gen. oon.lst,go.g,56.1938
Debent.
6s, prin. A int. gtd.1897 100 103
Ohloago A Alton—8 . F., 6 s . . . . 1903 113 114
99
Debent. 4s, prin. A int. gtd.1897
Lonls. A Mo. River—1st, 78,1900 113 114
____
Hllnois Central—
112
2d, 78....................................1900
let, g., 4s ..............................1951 108
S t L. Jacks. A Chto.-2d, 7s.l898
1st. gold, 3% s....................... 1951
i'oT
Mlss.R. Bridge—1st, s. f., 6a.l912
Gold 4s.................................. 1952 ’ 102%
Ohio Burl. A Nor.—1st, 5s-----1926 105%
2-10 g„ ..................................1904
Ohio. Barling. A Q.—5s, s. f-1 9 0 1 102s
Cairo Bridge—4s..................19o0
Iowa Dlv.—Sink, fond, 5 s .. 1919 110
8pringf. Div.—Coup.,6s-----1893 *101%
Sint—g fund,4s............
1919 100%
Middle Div.-R eg., 5s..........1921
Plain, 4 s . . . . . . . . ----1921
O. 8t. L. A N. O.—Ten 1.,78.1897 102%
Chicago A Iowa Dlv.—5 s ...1905 i05 %
103
100
1st, oonsol., 7s.................... 1897
Cnlc. A Indiana Coal—1st 5 b.1936
Gold, 5s, coupon................1951 123 125
Chi. Mil. A St. P.—1st,8s,P.D.1898 107%
Memp, Dlv., lstg. 4s.......1951
2d, 7 3-lOs, P. D ................... 1898 '138 140
Betlv.A So. 111., gu., g„ 4%s.l897
1st, 7s, $ g., R. D ................... 1902 136 137
Ind. Deo. A W.—1st, g., os....1935 103 105
1st, 1. A D .,7 s ...................... 1899 135% 137
90
Ind. Ills. A Iowa.—1st, g, 4 s..1939
1st ,C. A M ..7 S ...................... 1903 1 35 * 137
1st, ext., g. 5s........ .............. 1943
1st, I. A D. Extension, 7 s ...1908 137 140
40
Int. A G. ST’n.—3d, 4s, g ........ 1921
1st, La C. A Dav., 5s.......... 1919 111
Kings Co.-F.El.,lst,5,g.,gu. A. 1929 *37
129
1st, H A D .,7 s .....................1910
99 100
1st, H. A D .,5 s ................. -.1910 107% 110% Lake Erie A West.—2d g., 58.1941
101
120
North’ n Ohio—1st, gu. g, 5s.1945
Ohloago A Pacific Dlv., 6s .. 1910
L. 8. A M.Sou.—B. AE.—New 7 s.’98 1 0 4 *
Mineral Point Dlv. 5s.......... 1910 i04%
Det. M. A T .—lBt,7s............1906
0. A L. 8np. Dlv., 5 s . . . . ___ 1921 110
Lake Shore—Dlv. bonds, 7 s.1899
f argo A 8onth., 6s, Assn...1924 lo7
Kal. All. A G. R.—1st gu. 58.1938 119
lao. oonv. Btnk. fond, 5 s....1 9 1 6 105
Mahon’g Coal R R .-lst, 5 s.1934 118
Dakota A Gt. South., 5 s ....1916 110%
99% 100
Lehigh V..N.Y.—1st gn.g.4%s.l940
MIL A Nor. mainline—6 s ...1910 118
Lehigh V’y Coal—Ist5s,gu.g.l933
Ohio. ANorw.—30-year deb.5a.1921 113 115
94
90
Lehigh A N.Y.—1st, gu. g. 48.1945
Ksoanaba A L. 8. 1st, 6 s.—.1901
ElmlraC. AN.,lst.g.lstpf.68.1914
DesM. A Minn.—1st, 7S....1907
Guar., gold, 5s...................1914
Iowa Midland—1st, 8s.........1900
Lltchf. Car.A West.—1st 6s. g.1916
Chlo. A Milwaukee—let, 7 s .1898
127% Little Rook A M.—1st, 5s, g ..l9 3 7
Win. A St. P —2d ,7s.............1907
Long Island—
MU. A Mad.—1st. 6s............1905
1st, 7 s ..................................... 1898 103%
Ott. O. F. A St. P-—1st, 5a. 1909 108
northern I1L—1st, 5s.......... 1910 108
Ferry, 1st, g., 4%s................1922 *85
MILL. 8.AW.—Con.deb.,5s. 1907
Gold 4s................................... 1932
Mich. Dlv., 1st, 6s..............1924 i'29'
N. Y. A R’way B .- l e t ,g. 5s. 1927
Ashland Division—1st, 6s 1925 131% 134
42%
35
2d mortg., ino.................... 1927
90
Oh.R.LAP—D.M .AF.D.lst4s.l905 '8 4
N.Y.B. AM.B.—1st eon. 5s,g.l935 ■105% 107%
70
let, 2*48...................... .....1 9 0 5
Brookl’nAMontauk—1st,68.1911
Extension, 4s.....................1905
1st, 5 s ................................. 1911
Keokuk A Des M.—1st,5 s.. 1923 102
No. Shore Br.—lstcon.5s,g,1932
Chlo. 8t. P. A Minn.—1st, 6s .. 1918 131
Lonls. Evans. A 8t. L.—Con. 5s .1939 *30
gt. Paul A 8. C.—1st, 6s.......1919 131% 132* Lonls. ANash.—Cecil. Br. 7S..1907 105
Ohio. A W. Ind.—1st, s. f., 6 s.1919 108
E. H. ANash.—1st 6s, g ....l9 1 9
Gen. g., 6s ...............................1932 119
Pensaooia Division, 6s.........1920 105
Chlo. A West. Mloh.—5s.........1921
St. Louis Division, 1st, 6s. ..1921 *120 125
Otn Ham. A D.—Con. s. f., 78.1905
2d, 3s................................... 1980
104 89 Nashv. A Decatur—1st,7s-.1900 107% i'oT*
*d, gold, 4*48..........................1937
Oln. D. A Ir’n—lst.gn. 5B,g.l941 1C8
8. f„6s.—8. A N. Ala............. 1910
City A Sub. (Balt.)—1st, g„ 5s.1922
50-year 5s, g.......................... 1937
Clev.Ak, A Col.—Eq. A 2d 6S.1930
Pens. A A t - 1st, 6s, gold...1921
96
Olev.ACan.—Tr.etfs.forl8t5s.1917
67% 70
Collat. trust, 5s, g ................1931 *98
a C .O .A 8t. L.—Gen., g. 4 s ..1993
86
L.AN. A M.AM.—lst,g.,4%sl945 104%
Cairo division, 4s..................1939
Nash.Flor.A8,—1st, gu., 5a. 1937
Spring. ACoLDlv.—1st,g. 4s. 1940 91
So. A No. Ala., oon. gu. g., 58.1936 *90
WhiteW.VaLDlv.—lst,g. 4s. 1940 *88
Kentucky Central—4s, g . . . 1987 *87%
01n.Wab.AM.Dlv.—Ist,g.4s.l991
85
L. AN.—Lou.C.AL.—g. 4%s.l931 108
Oln. I. St. L. A 0.—Ist,g.,4e.l936 T01% 102% Lou.AJeft.BdgeCo.—Gu,g,4s.l945
Consol, 6s............... - ............ 1920
Lou.N.Alb.ACh.—Gen. m.g.58.1940 *45
Cln.Ban. ACL—Con.lst,g.5s, 1928 T07
Memphis A Chari.—6s, gold. .1924
Indiana B. A W.—1st pf.7s.1900 104%
Mexican Cent. Consol.—4s, g.1911
Ohio Ind.AW .-lBtpref.5s..1938
1st, oons. Income 3s, g .....,1 9 3 9
Poor. A East.—Income 4s ..1990
12
Mexlean National—1st, g., 6s 1927
C. Col Cln. A Ind.—1st. 7a,s.f.l899 1065s
2d, Income, 6s, “ A” .............. 1917
Consol, sink, fund, 7s.......... 1914
2d, lnoorne, 6s, “ B ” ............ 1917
Oln.ASpr.—1st,C.C.C.AI.7s. 1901 109%
Michigan Central—
Cleve. Lorain A Wh.—1st, 5 b. 1933 100
6s............................................. 1909
Cleve A Mah. V.—Gold. a s...1938
123
Coupon, 5s.............................. 1931 119
Col, Mid. 1st, g., 6s, asstd___1936 *G3
03%
Mortgage 4s........................... 1940 105
Tr. otfs., con., 4s................... 1940
7
BatO.AStrgis.—Ist,3s,g.gu.l989
Dei. Lack. A W .—
Minn. A fct. L.—1st, g. 7s.........1927
143
Mort. 7s.................................. 1907 130 132
Iowa Extension, 1st,7s.......1909 *125 127L»
8yra. Bing. A N. V.—1st, 78.1906 T25 129
Southwest Ext.—1st, 7s.......1910 *1251* 123
Morris A Essex—1st, 7s___1914 143 144%
Paoiflo Ext.—1st, 6b .......
1921
Bonds, 7s............................. 1900 109
Mo.K.ATex.—let, ext., 5s, g.1944 *
89
Teof 1 8 7 1 .......................... 1901 113
80
*77
let, oon., gnar., 7s.............1915 143 143%
‘ 66
Warren—2d, 7 s ............ .....1 9 0 0 T09
Dal. A Waoo—1 s t 5s, g u ..,’ l940 *77
D.
AH.Can.—Pa.Dlv.,ooap.7s.l917
146*
Missouri Paoiflo—Trust 5s. 1917
Albany A Busq —let,gn.,7s.l906 124%
1st 00U., 5s, g....................... 1920
58
1 st, cons., guar., 6a.......... 1906 118 120
Mobile A Ohio—1st ext., 6s. ..1927 *114
Bens. A 8ar. 1st 3onp.,7s.l921 ■146
8t. L. A Cairo—4s, guar....... 1931
Denv. Tramway—Cons, 68, g.1910
Morgan’s La. A T.—1st, 6 s..., * " " "
115%
MetropoL R y.-lst.gu . g.6s.l91l
*124
Denv. A R. G,—Imp.,g., 5 s ... 1928 *84
85
Nash. Chat. A 8t. L.—2d, 6s "l901
Det.M. A M .—L. g. 3%s,ser.A,1911
18
N. O. A. No. E.—Pr. 1., g., 6s..1915
Det. A Mack.—lBt lien, 4e,g.. 1995
N. Y. Central.-Deb. g. 4 s ....1905 104 .........
4s, gold....................................1995
N. J. Juno—Guar. 1st, 4 s ...1986 102
Erie—let, ext. g. 4 s ................ 1947
112%
Beeoh Creek—1st, gold, 4 s .. 1936 108 110
2d, extended, 5 s ............ ....1 9 1 9 120%
Osw. A Rome—2d,5s,g.,gn.l915
8d, extended, 4%s................. 1923 114%
Utloa A Bl. Riv,—4s, g., gu.1922
4th, extended, 58......
1920 120
N. Y. A Put.—1st, g. 4s fu.1993 ......... .........
5th. extended, 4s...................1928 103*
N. Y. N. H. A H .—1st,rev.4s" 1903
.........
THE CHKONICLE.
JULY IT, 1897, J
Itmestmjeut
HOADA
ASO>
Latest Gross Earnings.
Week or Mo 1897,
1896.
105
---'
. --- ,,y
Jan. 1 to Latest Datt~
1897,
1896.
$
8
Ind. 111. A Iowa. May.........
64,842
85.902
340,563
84 9,101
In.AGt.North'n lstwk July 44,987
54.022 1,899,508 1,477,871
ilnteroo. (Meat.) Wk.J’ »e2tt
52.400
44.7.0 1,282.351 1,* 05,321
Iowa Central... 4thwkJ’ne
41,277 40,977
751.949
903,432
Iron Railway. . June
2.483
3,822
18,013
24,325
Jack. T. A K W, April
28,2*3S 29,549
115,760
119.479
R A IL R O A D E A R N IN G S.
KanawhaAMieli lst wk July
8.103
8,746
249.588
238,890
It.
O.F.
Scott
AM.
02,857
65,364 2,277,337 2,14SC62.
The following table shows the gross earnings o f every K.C.Metn. A Bir. lstwk July
latwk Jvxlj- 14,426
16,883
592,022
549,712
steam railroad from which regular weekly or monthly returns Kan. C. N. W__ Juue.......
21.901
18.706
162,392
124,256
can be obtained. The first two columns of figures give the Kan.City A Om. lstwk July
1.742
3.158
107,841
47,525
C.Pitta.
AG..July
lstwk
17,522
38,985
922,891
gross earnings for the latest week or month, and the last two K.
325,097
Kan.C. Sub. Belt lstwk July
12.400
9,980
2 -9,476
161.479
columns the earnings for the period from January 1 to and Keokuk & West, AtliwkJ’ne
9,422
8.831
180.871
200,917
including such latest week or month.
I- Erie All A So. June
4,466
3.7*8
30,541
34.408
66,101 1,688,877 1,765,536
56,680
The returns o f the street railways are brought together sep- L. Erie A West lstwk July
Lehigh
&
Hud.
.
29,c90
June
33,100
164,611
194,942
a ~ u t y on a subsequent page.
Lex’irtonSEaat,....
........
20.307
May
85.963
18.440
87,511
Long Wand__ j urie........ 402,501 395,655 1,638,807 1,665.247
Latest Gross Earnings.
Jan. 1 to latest Pate. Los
Aug. Term. June......
7.54-:
8.100
39,750
45,067
Hoads.
Louis.Ev.&St.L lstwkJr.lv
26,889
23.331
674,115
734,158
Wtekorito' 1897.
1898.
1897. : 1896.
Lon. H. A St. L,. ithwk J'ne
12,566
12,690
213,268
219,715
Lonlsv.ANashv.
lstwk
July
370,825
10,139,744
377.195
10,047,8*25
3
1
8
»
*
Jtarou
&
■
Binu..
June
3,768
28,213
3,840
28, ISO15.994
87,099
13,761
74,979 Maniatique......June
Adirondack..... May..........
13,I t 8
15.800
60,316
66,104
96,548 25,559
771,139 706.588 MatnphlsAChas
Ala. Gt. South..-lstwk July
1-twkJulv
17,422
19,180
650,908
614,609
55,888
286,483,
45,665
254,460 t.Mextern Cent, latwk July 239,109 192,372 6.903,158
Ala. Midland ... May........
5,<-27,033
Ala. H. G.Tex. *■ Par. June
Inter*! May.......' 240.864 252,858 1,283,129 1,186,726
36.000 39.000
617,954 829,188 Mexican
S Orl.AN. E.-4thwk J'ne
National lstwk July 100,224
80,074 3,048.700 2,455,251
16.000 14.000 278,244
Ala.A Vlotab. 4tbwkJ*ne
247,665 IMex,
May .......
271.749
60,949
48,715
347,079
254.098 Me*. Northern
VU*s.8h. A P Uhwk J’ ne 18,000
19,MX" 251,119
R’way Wk.J*u>-26 73,537
51,598 1,808,537 1,447,598
931,84 8 953,702 {Mexican
Allegheny VaL. May........ 200,168 198,718
liitlwk
June
.Mexican
So.....
339,84
8,253
12,'
60
241,237
22,970 647 372
Ana Arbor....... lstwk July
592,448
35,124 36.420 918,898
933,090
2t/ i i ;
..
36,165
35,799
Ark. Midland... May........
e,t"7!
}9tw£*!u!
t .«i,S.SL.M.: istwfc
Jtil}v 62,580 72,027 1,017,374 1,739,111
AtoAT.A 8. Fe. May........ 2,506.000 2,2«H,91o: 11,902,009 11,441,458 M.St.
Mo. Kau, A Tex.'lstwk July! 146,108 105,974 5,075,402 5,363,194
104,402 661,530 489.487 Mo.Pac.
Atlanta A Char. April___ , 122,607
.
AlrunM lstwk J uiy 350,000 350,0th 10,080,000 10,597,280
;
Atlanta A W. P May........
39,283
33 858 a.-208,272
Central Brieh.-latwk July
49ii.u0.
10.00*
13,00'
349,324
Allan, Al>anr..ilat*k July 10/01
».< 03 270382
275,560
Total..
...... Utws July 363.0O< 360,00* 11,470.00* 10,940,004
Atlantis A Pao.. May........ 347,846 329.663 1,625.380: 1,562,788 MobUeAr Blrtn..
11stwk July
4,983
155.588
5,118
130,133
76,21.1
18,913
A n t ln ilS 'w ! May-------i 10 914
9-,434 .Mobile*Ohio.,(June____l
285,504 258,380 1,881,267
35,553
108,505
BaltCbea.A Ati. April.......
32.700
112,777
Mex.Glf May........ 120,126
582,467 h W * ;i U
90,818
Balt. A Ohio.... June....... 2,1*1.115 2,189,891 12,044.0*7 11.422.62! Moot.A
June____ 463.242 385,127 2,550,101 2,430,897
Bal. A O. Sou'w lstwk July 110,194 113,779 3.0*0.733 3,080,003 Naah.Ch.ASt.L.
A Ft. 8h*p*o 'April,__ _
43,771
12,085
Bangor AAroosi March___
194,068
180,272 Nel.
Nevada
Central.
May
1.1,643
3,019
3,'. 77
12,309
1,866:
1,574
BakhA Basa'ndt May........
t v n it R..
l.
. . * .. . 3,741.462
June.
8,735,1 7 21,1 *8,-126 21,1 0,666
1,619.
Bir. A Atlantic. June___ I
1,515
10.416
10,407 .N.k.C.AH.
N.Y.Oiit.AW-iUtwkJuly
75,206
.......................................
~“
1.88'
,020
75,155
1,807,20*3
47,192 52,718
224,910
I n u u m V M t May........
239,775 N.TMuau.A It . .May........ 181,922’ 190,983
849/30
828/04
59.516 7o,751 1.010,252 1,813,501 Norfolk
Bud. Koch. APm 1itwfc July
A
West;
lstwk
July
184,015;
5,209,848
198,740
5,780,-02
49,287
Boifalo A so**), May.......
44,352
221,143
190,774
April......... * 3.565
19/70
3,447
21,870
71.772 72,392 1,019,603: 2,1*5,078 Nortbea'aitia.)
Bar.**. Sai>. A N* lstwk July
*3. C.):March....... f 0.%oiti' 54,082
179/0
10-/19
Canadian Pacts!, lstwk July 473,00- 371,0" 10,184,117 9,52 j, 853 Sorthea'u
Nortli’n Central; Slay.......... I 491,5 2- 498,3. 3 2.554,110 2,401/65
Car. Midland,. June.......
2,600
2,938
24,510
22,380 N'orlh’l)
PiietHi; utiiwbJ*,,..
iItSiWkJ*ue ai0 653| 588,148 7,011,«81 7/13,713
75,4.24 81,03'.
____ 2,4.3,106 2*404.148 .NVrth’u*Pitalflt
Cent. «f Georgia; latwk July
W«w.|»av ,
2.8 1
2.670
14.2--0
14,102
Central of N. J .Mar........ 978,371 98S,.j*i 4,500,315 4,701,357 OoMae
Ohio
Hirer...—
lstwk July
18.935
20.908
49.,,718
439/89
Central patllic ;May...... 1,044,817: 929.145 4,72*,337 4/69,197 Ohio tttv.A t ha, June
____
-9.810
IV." 10
89,110
11,118
Cbarleat’oABav May.......
53356
5o,98a 293.497
. 3,914 Ohio Southern. j j „ tl0......
; 47 53s. 63,135 314,289
374j.u0
79, '-*,4 73.421
Char. A W. Car March. .
241,188
*.*34,317
309,000 2S2.660 1,2»«,089 1/13,425
. owo__
__ ____ latwk
Obefl.A
, ..........
Jmy 167,455. 168,126 5,515.17 5,184,789
371.113 1/08,420 1,930,100
Chic. Bur. A U.tPMay__ .... 2/o.i.ot.l 2.451 '-13 U.Mlf.71 I 12,-67.510 '
ia - U,.e f c ' .....
456.1' 0 2,119/20 2.0UU.327
CWn. A Hast. lU Utw-kJuty
i*
s i 2,804,854 2,307,040
b m m
S S t t r a l T ; g g ::r .:r
*60.8*8 1,-9. ,981 1,198,114
Chir. Ot West's tat «k July
*7,9(51 m75,103
Slay .........5,006.5675,173.0"? 24.404.176 26.199.070
CWt. [fill. A L litwkJuly
58.741
60..-65
.....
... .... Pennsylvania.,
Persia Dec.Afcv ..utwkJuiy
U.»3l
,5,-02
480.769
•424/71
Ohio.MU. A St.P lstwk July 023,862012,702 14,372,343 15.220,806 Petersburg----Slay....... - 02 808 58.633
159,503
253/46
Ohio. AN’thw’ n. May ....... 2,537,439-2,87IIS , 11.422.282 12,500,935 PW1A A Lrlt May
........
351.718,
301/63
1,400/52; 1.548.075
Gkle.ANo. Pae.,M»y.......
68,019 04,3*2
349,014- 332/70 Pttila. A Head.
M.;,y.......
1,013,102
1
019
75s
7,749.4
.7
8.038.512
31(7,04449,774
CWe.Pee.ASt. L.JUUwk Jue
13.447 14,-.13
Coal A Ir.Co. , May-------4.037 009 1,05* 901 7,100/01 8/18,404
Chin, (V*. 1, A P, Julie....... 1,233/00 1,22- .402 0,"»5,<i48 7,158,791
Tot. both Co's May , ... 3,250,711 3.8- 2.050 14/84.818-18,350,910
CWc.it.P.M.AO 'May .......' 674/10- 390,971 2,811.27a 2 /5 6 /2 8
51 *01
86.381
231,000 200,018
CWo. AW. Mich, lstwk July
28.208 31.308
771,084* 757/77 Ph.Kcad.AN.fc May........
Chot).Ok.A
CHttfiMa?____
~
~ ----------57,707
- —'
56,717
421,01.5 431,303 PhlL Whim. A B. Stay........ 824,758 So ,058
Pltt*.C.C.A BLL *Juu«___ 1.1-8,813 1,198,235 0,788/00 7,250/97
Cls.Ga. A Porto,:;Marsh___
4,721
4.15*.
12.049
13/80 PlH«,LI«h.AWu-,Juius,
'4
*3/94
4.1'i,f
3.4t)»i
22/79
20 001
12,084* 11.278; 233/00
can.Jack.A Mae lstwk Mar
230.408 FU'L».Lislfc.tW’n Jiim.
205,4 09
63 480: 54,320
301/77
Oln.S.o, AT.P.:June....... 298,910: 278,732 1,718,812 1,050,383 Plttk.Ite-.AL.fc. Jutie
30,024
plttwh.
A
Wca'iiajstw-k
July'
807,7t>3
801,079
33,724
(Ber.Caa.Ahe. lstwk July
11,484
14.200 3*2,707; 341,0-8
Puts. Cl.ATuL lstwk July
•105,708 415,142
18,232* 14,790
<XCta.Cli.A8t.l-: lstwk July 221,927 237,308 6/45.731 0/59.408
161,040
PlUe, P», AF.'IstwkJulv'
8,0*3 j 10,30.)
182,821
Pee. A S»a;'it May........ 143.342 140,716; 068/41; 710.077
01,719 1/70,177 1,494 131
Total system..TstwkJuly; 60,979
Cl-Lor. a Wheel latwk Ju!> 25.039 27.*.m< 031,8*2 717,633
417/16
Ptn.T6UBg.AA.
M
ay
.......
133,855
100,802
520,027
Col. Midland__ June....... ‘.. I47-/74 153/6-8
783.50l*i-s -So
144/30
—•
*••*’ 24.030
20
010
147,125
Oat. H. V .4 W . J
....
213,057 lao.vsti; 1,115.12" 1,219/70 Wutucj O.A K.* . Jin,..-. . . . . . i *
KlelhPr’ksSi AP. M.iy.........
312 610
76.476; 76 :>!».! 300,105
0,679
Cot ARedMouat; April..... .
*2,191
147,205
31.021
148,500
C " L a tit Id wkajmsc 40,904; '48/120 348,874 313.900 Itiob.A Petnrsh. SIu j........ : 35,007
160,538
227.253
Ur. South'll, latwk July:
0 2*20
8.083
Ouluaa A Lake. June......
1,5*8b.aoo
5.900 RIO
i,i*K>;
Wo Gride West. U wi July
81.0O0: 38/3" 1,253.307 1,140,022
Crystal.......... Slay........................
1,471
741
4.443
6,187 it.
J
os.
A
Ur.
1.,.:
1st
wk
J
u
iy
51O.O20
11,7.
0
15,*00
299/04
Csxnb'i’0 Valiev May.......
50,699 02/18
312/67
277.420
117,818
2*2,0571 22.030
114,219
Dent. A P.lo *,r lstwk July 160,900
3,322.838 8,083,369 StL Ch.A HL P. May ......
June ....,.*
24/87
4.855
Oea M. A Ka».C 4th wfe J*ue;
3,378
72/30
9,049
50,300 it.L.Ken'etA5u.
Bt-LASan Prat). Slu> ........- 511/70 454.342 2,403/00 2.394,107
36.4! 0 33,557
0M.M.N.AIF.. Jane.. ..
192,0.*» 1 213/04 8t.L
(southwest, lstwk July
75,00u 2,120,500 2 256 017
73,400
Dwt.f4.8ap.AW tstark July 23,074
24.134 019/8® 56.-i.481
030,218
0*25.530
D«t. A Mac kina*- SIay ..... ’ 42.100 4.3.852 213,840 219,795 St Paul A o m . . „ ....... 138.892 125.254
777,253
127.032
Ban
AULA
A.
P.
Star
.......
679,251
144,858!
DulttthSAAAt: lstwk July 32.353
47,000 724.944 1,007,488 SaaPran. A N.i*. j an
342 220
71.093 70,862. 334/29
NiklnJoi.AEaal..SI-v*.
458.855
.
79.109 .90/80;
.. .
.....
. .
543,345
Bar.
P1».A
West.,3l»v____
1,508/21
27
H
,243
1,441/76
288,133.
„Erie...
t......May-........ 2,710ps75'3 638,700,11^89,310:13,067,812 Scab r-1Air Line .1pt 11....... 303/28 270/10
Jarekaiprlag* -May........
*,s*0:> ' 5,007
24.13.
24,493
124.253
4,020
122 406
8,84.2
*ran*.Afn,rpU» lstwk July
5,375
4/00
131,045 140/78 6her.ihrHV.ABa.) ttawk Jhu80/25
90,215
22,915
24,50-1
•vans. A Rich.. 4tb«kJ'ue
3,444
53.729 SU,tjpt».0. * « . Slay
38,0411
2.0Usiivem
n__
Juno......
5,800
4 631
Xra&sa.AT. U. lstwk July
lfl,*80
19.302
501,713 503.402
10/787
9,375
2,5a5
2/67
Ktonburg........ May........ . 021.720- 017.659, 2.73V.-J0J 2,893.806 .-a.ilttvon&East June.......
Pilot. A P',Mar*j. lstwk July
53.3301 61/07; 1 /7 .233 1/86,89* So, Psalttc Co.
GaLilar.A i.A Slay....... . 337,937 378,771 1,810,574 2,045,534
Pls.esiit, A Pea, i*twk J’oe! 52,507 41.02- l,0«0.7n0 968,750
Louis’s. West. May........
378 876
410,502
00,005
70.941
Pt. W*U(ADen.C. lstwk lit] y 10.003
417,628
507,132
17,850'
Montstt'sLAT. May........ 390.104 335/51 2.100,867 l/bl.743
17.7*5
Pt- W. A Bio Or. June.......
147/48
10/5 4 137,0-9
N.Y.T. A >J.;j M ap
81 031
110,751
23 34 1 10/45
OaAs. A A l t c . Ju n e........
s.lV
5.432
4/80;
1/581
640.740
Tex. * N. Orl.. May........ 118/57
634.285
97,40-9
OeorklaHK.......lstwk July
21.456
747/75
21/34*
710,-22
AtL Prophet*, e May........ ; 9*4/60 895,159 5.128,007 5,088.095
Oeor/a « Ala.. 4thwk>t»y;- 23,304
19,000 417,711
200,192
Pst-Hb' system May*........ 2.0.M 2
2,428,20i 12.220 807 12.200.1 31
Od.Car'la ANoVMay,.......
0O.--08
320,435
37-/91
49/05
Total of ail./ May........ 3/07 307 3.542.024 18,3«8/24 18,323,064
Owo. 8o. A PI*. Jmot...... * doji it
67.3 *4! 406/27* 425,241
7 8 0 /2 2 3,753/37 4/70,518
So.
Pao.
of
Cal
May........
I
788.271
Or. Rap. A iml.,, lstwk July 33*,<WO 40.781
831,830, 1/10,134
Ho,l’,4»-.*)fAri.-. May.......... I 212.838 180,021 1,082,817 1 007,433
On. ft. A FLW. lstwk July;
7/01
7/57
178.064; 210,27*2
501/71
570,005
90,743
So.Pac.ofN.
M
.
Slay........
i
120/70
Traverse City. l*t«kjui;,
828
20.180
1.770
19/36
Northern Ky. May ....... 172,722 161,801
787.415
787,7»1
Mils. 0, K. A I. latwk Juiy
3,21*
05,603
2,403
58,865
Tot all lines lstwk July 49,003- 5J.3-1 1,204,495 1/1.7,240 Southern S r..,. UtwkJuiy 314/74 3i0 044 0 /3 2 /4 5 0,140,4:* 3
110/64
201/76
20,890
54,168
Orand Trank.. IstwkJulv 853,060: 851,474 0,780,205! 0 042,287 Bpok.rteANor April..
7/03
0,024
2,411
2 / HI
catc, A Or. Tr ; tthwk J'ai- 73,104! 03,Bell" 1,430/33 1/96.147 StonyCl.AC.Mt. Slap........
404.015
711.2-2 333/62
00,319
D*rt.Or.H.AM. itfewkj'ue!* 22,713 22,080
458.90s; 430/42 Huiumlt Brsneli. Stay........
370
027
330.849
00,881
Lyk.
V
si.
coal.
07,049
May........
Clxi.i»g.A; Slsc: AtixwkJ’n3,107
05,297
54,238
3,003
775.442
004/11
TotT both Co'* May..... 133,308
146.K-3
33,127
Tnl.8.AMiisk i4thwkJhie’
3,110:
2,895
50/93
100,820
104,3. 5
4,453
Texas Central.. Ithwk J'nc
4,201
Great North'n88,050 3,135,581 2,932/77
Bt. P.M. A M. June--------1,148/46 1,381/03 0,1*28,010, 6,209/07 Texas* Paeitki. lstwk July 90/02
12,020
2,0-5
13.190
2,504
HMtefMthO.. Jouts....... 149,610 '145/95
(109,907 708/08 T*x. 8.V.A N.W. May........
907.731
24/69
843,720
39,424
M.-atanaCeti:. June....... 184,218 17-1,819
901,359 950,007 ToLA-GhioCeiit. lstwk July
498/26
lstwk
July
437,74b
10,610
ToLP.
A
Weal..
17,548
Tut, sysis.ru June....... 1/80,27 1 1,601/21 7.750.330 7/74.970
40,241 1,071/97 1,010,458
89/32
G'lfB'nmtAK.f June.......
10,127
7/72
57,812
39.237 Tel.SI. L.&K.C lstwk July
OultAChi.-torr. Ju ......
2,470
2,131
20,695
18/37 Union Paciilc—
Union p. Kit.. May........ 1,210,530 1,109/14 5,404,06 5,032/75
Bo66.Tun.AWtl.. May........
5,483
8,34!
1 9 /f21,172
A'-h-C'.il. v P. , stay........
IlmwATer-Ceti May........ 179,2*27- 176.70:3 1,148,10. 1,125.0-3
120,125
35,140
23,398 177,064
Aoll.J.C.A W)
Bttuala Central* June....... 11748520 1109011541000310! (10374048
340,324.
490,000
1 0 /0 0
13.000
Cent.Branch a lstwk July
IN .lW .A fe i. JrtwkJuna
7.225
7.691# 104.792
212/39
R a ilr o a d
Q
u
M
I
l i g m
c z .
the
l OB
Latest Gross Earnings.
Roads.
WeekorMo
1897.
c h r o n ic l e
Jan. 1 to Latest Date.
$
$
Un.Pao.— (Oon.)
281,880
407,826
52,961
79,381
Cen.Br.&L’dL May.......... ,
.,455,140 1,257,979 6,545.644 5,831,320
Or*d total.
58,009 1,580,775 1,462,282
60.618
Un.P.Den.AO.. ithwk J’ ne
6,060,631
Wabash. .......... letwk July 193,786 230,788 5,580,150
91,290
85,383
13,850
14,451
Waco A North w. May..........
823,050
801,843
194,383 204,392
W. JerseyASetPe May..........
472,875
455,772
98,155
98,247
W.V.Cen.&Pitts May..........
119,862
117,942
34,706
34.547
WestVa.de Pitts. April........
217,537
257,169
38,177
46,214
Western of Ala. May..........
1,42
_'.413
59.900 1.337,764
West. V.V.&Pa. Istwk July j 54,700
693,095
31,520
517,345
21,593
Wheel. & L. Erie letwk July
180. fc84
180,096
52,869
56,180
Wll. Col. A Aug. March----- 1
117,190 1,940,315 2,022,852
Wisconsin Cent. ithwk J’ne 1 1 3 .W
39,723
33,109
5,771
5,372
Wrightav.&Ten. May..........
24.846
25,826
6,031
5,700
Southern. May
. _______________________
____________________________
• Figures given do notiueludo Oregon Ry. & Nav., Un. Pao. Denver &
Qulf Denver Leadville A Gunnison, Montana Union and Leavenworth
Topeka A South western, a These figures inohide results on leased lines.
b Includes earnings from ferries,©to., not given separately, t Mexi
can currency, c Iucluds only half of lines in which Union Pacific has
ft J/’ hiofudes operations of the Chic. Burlington & Northern in both
$ Covers results of lines directly operated east ot Pittsburg,
t Includes St. Louis Alton At Terre Haute for all periods.
Latest Gross Earnings by Weeks.—The latest we kly earn
ings in the foregoing are separately summed up as follows :
For the first week of July our preliminary statement
covers 66 roads, and shows 1*27 per cent increase in the
aggregate over the same week last year.
lei week o f July.
Alabama Gt. Southern...
Ann Arbor
----Atlantic & Danville...... .
Balt. & Ohio Southwest .
Buffalo Roi'li * FIttsb’K
Burl. Perl. Ban. A- North.
Canadian Paeiffe.............
Central of Georgia..........
Chesapeake Ac O h io ......
Chicago A East. Illinois.
Chic. A* Great Western..
Chic. JndiHDap A I.........
Chicago Milw. Ac St. Paul
OhioagoA West Michigan
Clev. Canton Ac South’n..
CJlev. Cin. Chio. At St. L..
Clev. go rain At Wheel's..
Denver A Rio Grande^..
Det. Gd. Rapids A West.
Duluth So. Shore A Atl
Evansv. A Indianapolis..
Evansv. & Terre Haute..
Flint, ffr Pere Marquette..
Ft. Worth & Denver City.
Georgia.............. .............
Grand Rapids & Indiana
Cincinnati R. <fe Ft. W .
Musk. Gr. Rap. A Iud ..
Grand Trunk of Canada.
Intern’l A Gt. North’n ...
Kanawha At Michigan---Kan. City Ft. 8. Ac Mem.
Kan. C. Mem. Ac Birm___
Kan. City fdttsb. a Gulf
Kan. City Sub, B e lt ......
Kansas City A: Omaha. ..
Lnulsv. Evansv. Ar St. L
Louisville At Nashville...
MenuhisAt Charleston..
Mexican Central..............
Mexican National ........
Minneapolis Ac St. Louis.
Minn. St. P. At S. Ste. M ..
Mo Kansas & T-rcas.......
Mo Pacific & Iro \M t...
Central Branch.............
Mobile & Birmingham...
N Y. Outario Ac Western
Norfolk At Western..........
Ohio River....._................
Peoiia Deo. & Evansv...
Pittsburg Ar western......
Rio Grande Southern___
Rto Grande Western*-.-.
8t. Joseph At Gd. Island..
ht. Louis South western..
Southern Railway..........
Texas & Paciho ..........
Toledo At Ohio Central...
Toledo Peoria At Weet'n..
iol. St. L. At Kan. City...
w*«t n . Y. At Pennsylv
Wheeling & Lake Erie...
Total (66 roads) ..........
Net increase (1*27 p. c,)..
1897.
|
S
26,540
22,404
10.^61
110,194
59,516
71,772
473,000
7 5,424
167,455
69,539
87,961
58,741
623,862
28,268
11,48 i
2 2 1,9^7
25,639
166,' 00
2 .',07 4
32,353
5,375
18,886
53,336
19,603
21,456
38.090
7,561
1896.
*
25,559
22,970
9,063
113.779i
70,751
72.' 92
371,000
e l,036
168,126,
80,802
75,103
60,365
612,702
31.369
14,260
237.86S
27,049
133,900
24,134
47,600
4,806
19,362
51,267
17,550
21,534
40,761
7,357
1 770
3,2 4
353,056
44,987
8,746
62,657
14,426
38,985
12.400
3,15*
56,680
23,331
370,825
19,180
239,109
100,224
35 124
62,580
146.10*
350,000
13.000
4,983
75,206
184,615
18,935
14,434
59,97 9
6.220
81,000
15,4U0
73,400
314,074
96,462
24,663
17,518
39,432
193,786
54,700
21,593
351,474
54,022
8,183
65,364
16,983
17,522
9,980
1,742
66,101
26,889
377,195
-17,422
192,372
80,974
36,420
72,027
165,974
350,000
10,000
5,118
75,155
198,740
20,968
15,5.*2
61,719
6,083
38,330
11,700
75,900
320,044
88,050
39,424
19,516
40,241
236,788
69,900
31,520
5,785,981
5,713,450
2A93
r
Increase.
$
[
987
1,498
. ...
Ir 2,000
............
12,855
11,160
33, OO
569
2,069
2,053
204
Decrease.
$
___ 566
............
3,5*5
11,235
620
..........
5,612
671
11,263
1,621
3,101
2,776
15,441
1,410
1,0. o
15,247
476
78
2,671
721
1,582
583
21,46)
2,420
1,416
1,758
46,737
191250
9,035
2,707
2,457
9,421
3,558
6,370
1,296
9,447
19.866
3,000
51
42.67d
3,700
8,412
135
14,125
2,033
1,068
i;?4 0
1,863
2,500
5,970
14,755
1,968
809
43,002
5,200
9i927
320,161
247,630
72,531
'* Earning are large this year on account of heavy travel to Chris
tian Endeavor convention in 8au Francisco.
lo r the fourth week of June our final statement covers
85 roads, and shows 1*89 per cent increase in the aggregate
over the same week last year.
Alh xoeek of June.
Previously rep'd(66 r’ds)
Ala. No. A Tex Pao.—
New Ore. & No. East...
Ala. & Vicksburg........
Vicks. Sh, A P a o ........
At/i week o f June
1896.
1897.
| 1896.
[VOL. L X V
1897.
1896.
$
7,953,094
$
7,729,594
$
485,397
36.000
16.000
18,000
39.000
14.000
19.000
2,000
Increase.
Decrease.
$
261,897
3,000
1.000
Chic. Peoria Ac 8t. Louis.
01»*ve. Canton & South’ ll.
Dos Moines «fe Kan. City.
[nteroceanio (Mex.)........
Kan. City Ft. 8. A Mem..
Kan. City Mem. A Btrm.
Keokuk -te
........
Memimis A Charleston.
Mexican Railway..........
Mobile At Birmingham...
Northern Pacific. . . . __
Sherman Shreve. At So...
Toledo Peoria & West’n .
Un. Pao. Deri. & Half___
Western N. Y. & Penn. .
Total (85 roads*..........
Net increase (1*39 p. o.)
1897
1896
*
13.447
18.170
3,378
52.400
84,431
19.8 30
8.811
38.53)
73.537
6.319
518.655
3,843
4,261
17.807
60.618
71,100
*
14.37 <
20,479
3.049
44,720
86,03 t
20.374
9.422
39.911
51,593
5,556
589.148
4.0 36
4,453
20,996
54.009
77,10 >
9,018,308
8,8 :i0.342
Increa'
*
329
7.630
21,939
763
2,609
520.717
167,966
Deer •/*«*•
9
1.426
2,303
1,603
494
1,380
69.493
183
192
3,189
6,00 >
352,751
Net S ir ni ncs *1on till/ to ja test Dates.—The following
shows the gross and net earnings to latest dates of all Stsam
railroads furnishing monthly statements. The compilation
include? every road from which we can get returns of this
character and in that form is given once a mouth. Early re
turns ar^ published from week to week, as soon as issued, but
for the convenience of our readers all the roads making re
turns aie brought together here in the week in which we pub
lish out monthly article on net earnings—say on or about the
20th of the month.
The returns o f the street railways ive give by themselves
under a separate head at the extreme end o f these tabulations
■see paqe 109.
Gross Earmngs.
*.— Xet Earnings.-LS96.
1897.
1896.
1897
$
$
$
$
1,935
15,994
2,38 )
Adirondack............. May
13,781
27,9 *7
8 7,099
74,979
33.312
Jan. I to May 31.......
118,455
111,214
10,878
Alabama Gt.Soutli.a.May
14,769
110.995
13 *,417
620,*77
563,60-1
Jan. 1 to May 3 1.......
471,276
437.281
July 1 to May 31....... ' ,479,923 1,521,667
11,862
3,497
55,568
Alabama Midland__ May
45,665
42,475
Jan. 1 to May 31.......
285,483
254,460
3 1 .8 -1
621,702
574,507
10 i. 3 26
July l to May 31.......
86,133
198,718
206,163
83,641
74,738
Allegheny Val'ey
May
953,702
341,001
317,459
931,848
Jan. 1 to May 31.......
100,200
92,744
30,935
Ann Arbor..................May
523.098
465.532
173.44 i
______
Jan. 1 to May 31.......
6,197
Arkansas Midland. . . May
7,511
2,070 def.2,338
Jan. 1 ro May 31.......
36,165
35,799 def. i,o 15 def. 1,160
1431,^27
!,503,000 2,269,910
Atch. Top. & S. Fe.b.May 2,503,000
1463,933
,992.003 111,441,45 3 2.367.784 2,954.622
Jan. L to Mav 31____11,992,003
July 1 to May 31. ...2 8 ,1 7 9 ,L77 26,830,323 t7,354.383 16,500.133
10,143
10.473
Atlanta & W. Point.. 4 ay
39,233
33,653
7 6,204
Jail. 1 to May 3L.......
2 46,274
206,272
-5,521
20 J,918
July 1 to May 31..........
5L6.637 4 9 ‘,369
267,928
9.481
Atlantic & Danv’e.a. May
43,251
45,507
10,3
4 9 .3 »i
53,264
Jan. I to May 3 1..........
213,030 227,045
1 26 152
126,0 5
July 1 to May 31..........
495,164 523,863
85,725
102,961
Atlautio A Paciho....May
347,640
329,063
29L.238
375,189
Jan. 1 to May 31....... 1,625,389 1,502,886
456,757
750.884
July 1 to May 31....... 3.272,433 3.339,463
5.661
1,132
Austin & Northw’n. May
10,914
18,913
Jan. 1 to May 31.......
75,211
9S,434
26,140
18,575
389,342
303,935
Baltimore Ac Ohio.b.May 2,027,328 2,006,386
Jan. 1 to May 31....... 9,859,972 9,232,730 1,682,673 2.176.031
July 1 to May 31___ 23,373.321 21,965,740 5,067.435 6,230,986
131,167
Balt. & Ohio Southw.Apr.
491,275
486,938
126.477
566,936
513,414
Jan. 1 to Apr. 30....... 1,930,065 1,994,154
1,822,387
July 1 to Apr. 30....... 5,076,104 5,444,950 1,503,025
def.273
131
Bath A Hammonds..May
1,666
1,574
def.143
13
Birin. & Atlantic.b..May
1,752
1,679
958 d el 1,3 2 6
Jan. 1 to May 3 1.......
8,797
8,89 2
1,104
July 1 to May 31.......
22,155
23,902
5,300
18,265
Brunswick & West. May
47,192
52,748
17,783
68,683
65,224
Jan. 1 to May 3 L.......
224.910
239,775
139,666
177.782
July 1 to May 31.......
520,319
528,253
91,294
80,582
Butt. Roeh.A Pitts.b..May 295.890
269,140
383.238
411.529
Jan. 1 to May 31....... 1,293,814 1,256,792
882,170
July 1 to May 31....... 3,088.849 2,893,817 1,020,806
21,292
25,416
Buflalo & Susqueh.a.May
49,287
44,352
Jan. 1 to May 31........
221,142
190,774
73,458
102, •'<54
200,241
273,262
July 1 to May 31.......
530,931
448,112
74,509
79,530
Burl.Ced.R. & No.a..May
317,081
316,057
577,080
Jan. 1 to May 31....... 1,506.416 1,760.829
499,811
637,490
875,570
Canadian Paoitlc.a.. May 1,980,295 1,724,869
Jan. 1 to May 31....... 7,712,117 7,484,432 2,731,066 2,484,933
d el 12
def.234
Carolina Midland— May
2,454
2,609
34,530
Cent, of Georgia, a..May
332,328
314,223
62,2(6
584,742
Jan. 1 to May 31....... 2,048,779 2,096,741
630.744
July 1 to May 3 l ....... 4,943,938 5,042,336 1,757,234 1,695,332
Cent, of N. Jersey.a.May
976,376
988,384
313,956
341,146
Jan. 1 to May 3 1 ;.... 4,500,515 4,701,357 1,435,065 1,463,890
Central Pacific.......... May 1,044,817
929,145
279,237
410,620
Jan. 1 to May 31....... 4,728,357 4,569,197 1,641,8 12 1,430,6 L6
11,806
Char. <feSavannail ..M ay
53,356
50,886
18,736
Jan. 1 to May 31.......
293,497
273,914
77,654
101,863
July 1 to May 31.......
520,133
493,435
98.849
143,193
271,947
Ohes. At Ohio.a.........May
854,582
837,975
255,458
Jan. 1 to May 31....... 4,438,124 4,190,518 1,290,603 1,260,690
July 1 to lUav 31....... 9,846,053 9,400,982 3,16 L,275 2,986,706
629,153
838,662
Chic. Burl.&Quin.bl. May 2,800,061 2,451,018
Jan. 1 to May 31........13,919,714 12,867,510 5,327,334 4,139,859
671.131
Ohio. M. A St. P .a ...M a y 2,359,640 2,257,920
789,627
Jan. 1 to May 31........11,029,923 12,009,165 4,030,568 4,089,540
July 1 to May 31....... 27,763,208 30,076,889 10,815',446 11.992; 135
Chicago & No. Pao...May
63,919
64,342
44,806
41,778
Jan. 1 to May 31.......
349,014
332,570
267,604
225,654
Chic. & West Mich...May
127,111
117,034
20,471
13,985
Jan. 1 to May 31.......
617,749
606.936
117,553
88,768
.
Roads.
JCI.Y 17, 1897.J
THE CHRONICLE.
^ -Gross Earninga.-
Nct Earnings. -
§
$
$
$
56,717
57.767
9.0 a
0.702
421.0*5
4 51.303
100.014
82.20 >
678.820
6 44. M7
133,011
125,52 5
58.436
59,371
5.32*
6.794
103.473
162.730
11,470
17.910
294.458
109.229
804.818
59,859
498.001
1.119, ‘02 1.371.051
333,438
992,92 4
3,111.174 3,407.132
968,553
63,5 16
11.460
Cleve. Canton A So..May
57,363
15.917
2 12.9 W
Jan. 1 to May 31. . M 255.02 4
33.6*9
53,537
632,280
612.339
104.55 4
140.9 50
215,537
I,
087.48* 1,051.579
2U..-.23
5.310.000 5,151/(58 1.337,006 1.205.220
3,015,142
I I,
999,4*8 12,533.552
3,162,537
20.470
140,716
141.342
25.200
Peoria A Kaat'n a.. May
130,147
7W.977
Jan. L to M»y 31. ...
668.3 41
164.591
310,
#23
July l to May 31....... 1.501.718 1.751,13 1
425.503
120.922
35,700
Cler. Lor. A Wheel... Apr..
40.496
112.88 5
104.951
371,902
*u7,ol9
Jao. 1 to Apr. 30.
120,948
298,212
970,394 1.3 *3,949
July 1 to Apr. 30.
3*7.894
179,320
>9.4 38
Colorado Midland.. .May 115,446
6 1,5.6
637.63 4
Jao. 1 to May 31.
791,292
118.60 7
2 ji.ulu
def.2.32 l
0,079
Oolumb. A R*d Me . Apr.
.,....
9, #Ol
42,191
Jan. 1 to Apr. 30.......
........
Col. 8an. A Hocking. Mar.
57.464
6.604
56,337
5,911
1.471
74'
i3d
Gryatai.......... . .. . May
def 510
2.10*
def.38#
Jan. I to May 31.......
4,143
5,1*7
11,017
Cumbrian 1 Valley .May
63.510
10,100
56,539
03.408
Jan. 1 to May 31. ...
277,149
312,167
83,420
23 4.071
Den. A K Granue.b. May
558,019
591.0*2
217,13
Jan. 1 to May 31 ... 2,550.83* 2.912.709 1.055,89 • 1.0*9.175
July 1 to May 31....... 6,323.239 0.095.039 2.592,389 2.925.1*0
10.931
Dee Moines A K. C..Apr.
11.440
def 776
4.708
14.670
Jan. 1 to A p r . 3 0 .....
48,6**
11,013
37.100
10.4 4 1
De* Moinee No.AW, M »y
28.585
34.145 def 5.233
01,909
100.3 45
Jau. 1 to May 3i. ..
157.215
23.5 J7
94.39 T
20.771
Det. Gd. Hap. A W.a.May 1 >3/# ?7
11,215
95.3 J 7
Jan. i to .May 3 1.......
497.02 #
450.810
54,992
4.203
43.052
Detroit A Mack*o.a..May
42,1*Q
11,864
Jan. 1 to May 31......
313.840
61.351
219,7115
79,2 i b
July l to May 31. . . .
350.2 0
395.9 -9
80,847
127,739
Elgin Joliet A £.a . Apr.
101,*73
102.431
40.4#5
36 103
|A k.rl <#
141.10#
Jan. I to Apr. 30. . . .
379,6*0
440.750
310,027
July 1 to Apr. 30, . . .
3 >9.514 1.000.197
373.5*08
fine ........................ May 2.710,875 2.030,70 J 710/435
640,844
Jau 1 to May 3i___.11.909.310 12.007.512 2/432.4 O *2,04 t,i IS
July l to May 31. ...20,590,232 20,901.990 7.318,. 09 7,207.93 >
Eureka Springs........ May
4,989
1,521
der. 13 1
5.0/7
Jan. 1 to May 31. . . .
24,132
M.381
21,49 1
11,541
44,225
Flint A PereMarq.a May 200.58*
41,271
204.617
Jan. 1 to May 31....... 1.102,119 1.127,164
273.756
251,100
Ft. W. A Dear. Cuy..May
87.819
70,708
8.018
376
Jan. 1 to May 31.......
40 #.018
30 >, 455
71,125
25,966
Gadsden A Att. Un June
837
1 /5 0
352
459
Jao. i to Juuo 30 . . .
4.380
5,4*2
3.792
1,063
84.210
Georgia.a ........... M %y 100.149
7,210
6.734
Jau. 1 to May 1 1 ....,
029.907
15*2.4 *4
152,1*4'#
008,**00
July 1 to May 31....... 1.493,486 1,393,310 1C410,798 K 125,954
Georgia A Alab a.a.&May
79,262
65.158
14.366
17,443
91.00 "4
420.509
Jan. 1 to Mar 31......
270.793
77,581
July l to May i 1.......
945.702
550.011
271,475
151,070
Ga 8 uth. A Fla.a. Jane
67.354
15.202
69.617
477
Jan. 1 to June 3o ...
400,927
425,241
76.115
116,515
July 1 to June 30 . . .
803, >4 2
8
6
9
.as 272,434 258.7 *7
Gd. Rapid* A Ind. May
189,811
197,598
30.730
42.612
Jan. I to May 3 1 .....
955,4 >5 1,051, *>.3
241,656
190.489
Gr.Trunk of Canada.May 1.450,247 1.459.177
493.8 43
552.106
Jan. I Ui M iy 31. .. 0,41^.012 0,806,390 1,921.835 14070,450
Ghic. A Gr. Trunk. May 220.000
204.724
42.159
46.529
Jan. 1 to May 31 .. I,l9o.8o0 1,340.464
137,203
124,421
t Det. Or. H. A Mil. May
78,558
70.322
0.170
le.991
Jan. 1 to May 31....... 344,164
350,054
15,179
02.822
Gulf A Chicago.b .. May
3,494
3.026
606
der. 136
Jan. 1 to May 31.......
18.225
10,380
2.834
2,624
Hoo*aeTun.A Wilui. Apr.
3.350
1.514
4.365
1.189
Jan. 1 to Apr. 30----13.912
15.831
9.32 4
3.528
o u t. A Tea. Cent. .May
179,227
def 849
der. 401
174,798
Jan. 1 to May 31...... 1.140,107 1,125.083
150,219
182,712
Illinois Central* ; May 1.834.77 4 1,044.454
526.230
350,451
Jan. 1 to May 3 1 ..... 8.944.665 6.883.933
. . . _ 2,735.53*2 2.449,637
July 1 to May 31...... 20.3.00,053 20,312.727 0,155,179 0.055.882
nd. Deo. A West. b.. Feb.
37,454 .
35,414
14.054
12.227
Jau. I to Feb. 2o.......
74,408
00,142
28.040
32. -36
July l to Feb. 24.......
318.212
337,867
113,012
109,433
Indiana 111. A Iowa May
6 4.642
65.902
16.000
14.730
Jan. 1 to May 31.......
34»).->63
349.10!
112.838
118.705
July 1 to May 31.......
685.781
733.271
189,503
224.838
Iowa Central. b ...... May
132,220 127.243
39.037
30,025
Jan. 1 to May 3 t . _
0l6/»25
770.0-8
171.0 46
276.357
July 1 to May 31..... 1,430,706 1,717.290
048.190
423.429
Iron Railway b ........May
3.022
3.789
603
801
Jan. 1 to May 81.......
15,530
20.503
1.738
4,143
/ a l y l to May 31......
35,354
44.648
7,818
2.578
Jack. Tam. A K .’V . Apr.
28.224
29.549
7.372
6.919
Jan. 1 to Apr. 30. ...
115,76#
119,479
7,924
21,161
Kanawha A Mleb b..May
44,646
36.858
12,151
7,599
47.083
Jan. 1 to May 31.......
2>#l.4*i
195.428
42.634
July 1 to May 31----439,427
439,377
101,128
106,083
Kan. C. Ft. 8. A M.a . May 301.283
332,671 d l l 5.743
106,4 46
Jan. I to May 31...... 1,903,264 1.411.054
5 11,920
544.705
July 1 to May 31....... 4,248,403 4,203.149 1.352.754 1,300 469
Kan. C. Mem. A B.a.May
96,831
81.011
15.843
16.570
Jan. 1 to M«y 3 1 .....
501.549 460.807
83,288
104.230
July 1 to May 31. . . . 1.158.603 1,112,162
223,118
311.905
12,754
Kan. City Pitta. AG.M iy
193.515
63.561
68.932
Keokuk A Weai’ ii b .Apr.
28,9 -2
33,627
12,937
Jao. 1 to Apr. 30.......
121,9 93
138.336
58,433
35,631
L. Erie AIL A 80.a...May
4.199
3,784 def.1,177
def.25 2
Jan. 1 to May 31.....
29.937
20.752
1.912
4.478
Lake Erie A West t» Mar 279.38 4
283,783
91.986
102,256
Jan. 1 to May 31----- 1,342,509 1.104.457
598.520
526.050
Lehigh Valley HR...May
Dee. 92,930
Dec. 21,831
Jan. lt o M t y J l......
l#eo, 226,915
I110. 108.555
Deo. 1 to May 31.
Dee. 354,580
Inn. 14,700
Roads.
Choctaw Okta. A G. May
Jaa. 1 to May 31......
No?. 1 to May 31.......
Oin. Jack. A Mack.b. Mar.
• Jan. lto.M»r. 31. . . .
Ctn-N.Orl.A rex.P.a May
107
■Gross Earnings.—
—Net Earnings.----1497.
1890.
1897.
1896.
Roads.
$
$
$
$
Lehigh Val Coal Co.May
Dec 111,440
Inc. 38.579
Jan. I to May 31......
Deo. 530.9 M
[no. 260,44 )
Deo. 1 to May 31. .. .
Deo. 414,091
Inc. 310,117
Lexington A East’n..May
20.307
18,410
9.053
4,140
Jan. 1 to May 31... .
85,963
87,511
28,993
31,191
Lc2l»r.Hend. A St. L. May
34,985
38,050
5.079
3,651
Jan. 1 to May 31.......
1 3.267
130.752
31,267
23,678
Louisv. A Nash v.h.. May 1.664.035 1.602,014
531.163
408.923
Jan. 1 to Mar 31... . 8,118.739 8,022.24 2 2,494.963 2,5 22.552
July l to fay 31 ...18,714,057 18.742,324 6.020.222 6.408.993
Macon A Binning .May
4.141
3.996 def.fi 022
rtef.648
Jau. 1 to M tv* 31. ..I
24, 11 •
24/290 (lef.7,394 (lef, 3,6 35
July l to May 3l.
..
54.2 *9
60.8*2 def 14.46 • def. 5,139
ManielHiue........ ..May
9.528
10,515
2,135
6.528
Jau. l to M iy 31 .. .
44.516
52,930
9.506
26/239
Memphis A Cbaa’n. May
110.787
80.902
20.940 def.2,517
504.1 U2
Jau. 1 to May 3*. ...
524.842
91.8 82
62.976
July 1 to Ma* 31....... 1.254.154 1.256,845
313,9)1
275,239
Mexican Central......May 1.090,340
311,053
795.890
319.828
Jan. 1 to May 31...... 5.4 60.9 48 4.098,837 1,8 75.701 1,459.790
Mex. International.. May 210,86 4
81,016
87.271
252.858
Jan. I to day 31...... 1,2*3.129 1,183.72*
488,780
333,329
Mexican National .May
5 >6.211
395,275 c250.430 c 171.308
Jan. 1 to May 31. ... 2,519.375 2,010.620 <1.217.477 C397.551
Mexican Northern. .May
44,715
6 1.949
95,710
2 7.63 1
Jan. 1 to May 31_
271.749
347,6/9
151.777
181.257
July 1 to May 31.
544,044
614.110
300.56 4
374,199
Minn. A 8t. Louie..]*. May 153,673
142.-70
45,7*9
41.738
Jan. I to May I I ... .
71 4 612
"’ 37.09 » 219.00*
248.0 21
July t to May 61. . . . 1,811.994 1,828.712
742.053
759.018
Minn.8t P.A 8.8te M May 304,231
280,700
106,859
99.765
•Un. I to Mar 3 1. ... 1,280,544 1,331,490
4 49 480
471.8*7
Mobile A Ririu‘ <rnitn. May
21,626
21.1 14
2.543
344
Ian. I to M ay 31. ..
147,870
112,251
19.6 ift
f ,l 4 l
Mobile A Ohio ......M ay
32 *,2 47
315.029
91.19*2
101,971
Jan. I t*» M»v 31. ... 1.575.74* t,t**.*5 l
42*. »li#
47*.* 72
July 1 to May il ... 3,544.2*1 3,3 *0.0n 1.1*3, *51 1.461.289
Monterey A
M ar.
143.42 *
104.017
19.* *2
7 *,733
Jan. 1 to Mar. 31.......
358.44’
JJ i.07l
177.1 *3
95,5 #8
3 <5.127
Nanu.Ch. A St. L.b.June
409,242
179.990
129.556
Jan 1 u>.|i»U"* i>#__ 2.530,101 2,4 18.197
9 >1.0 U . 826.40*
July l to Juue 30 .. J .lH .u s 5.0 4,025 1.911.147 1,910.275
Vela m A Ft
Ipr.
12.065
<0,679
........
Jan- I to Apr. JO.
43.771
25.033
Nevada Central....... May
3.777
3.019
1,201
80 1
Jan. 1 to May 31. ...
13.043
2.11*
12,309
893
N Y .O lt A West.a May 29 4, hvi
8 5.070
M3.7I9
61.552
Jan, l to May 3 * . . . . 1,41 */>25 1.308,7.11
315,111
306 *02
fuiy l to Msy 31. ... 3.Vi4.73 > 2,410,95* 1,021,518
903.137
N. Y. 8ua. A Weal b May
181.922
19*1.9 43
86.6 44
87,512
Jan. I to May 31. ...
624.44 4 8 49,936
301,715
30 4.40 4
July l to May 31....... 2,000.287 2,018.103
929,558
873,802
940,138
Norfolk A Weai'u a .May
897.771
2 M B 8
162.002
Jao. 1 to May 31. . . . 4.277.800 4.719,129 1.10 1,992
92 i, 003
Oct 1 to May 31. . . . 7.007.774 7,544.079 1.919.430 1,564.140
3.447
North©.**tern of Ga Apr.
3.585
1,084
def.673
Jan. 1 to Apr. 30. . . .
19.970
21,070
4.9*8
6,523
Northern Central, b. May 491,502
498,303
11*934
94,748
Jau. 1 to May 31. .. . 2,554.115 2,461.005
729,090
577,810
Northern Pacific...... May 1.470,014
424.867
Jan. 1 to May 3l . . . 0.0* * .v jl
1.000.0*26
Sept. 1 to May 31 ...13,550.070
5.230.307
Ohio Ktver b ........ May
78.31*2
81.990
29.010
20,627
Jan. 1 to May 31. . . .
344.4 79
3 8 0 .9 7 1
111,800
114.442
Oregon HR A !ta*..M*y
37 #.566
3 1 1 .5 4 *
119.224
Jan. t to May 31 . . . 1.554. 103 1,559.017
470.915
July t to day 31 . . . 4,271,754
1,77 J.*0.4
Oregon Short Ltoe b. May 493.842
456,100
232,194
287,272
Jan. I to May 31....... 2,119.520 2.060,327 1.020,644 1.004.412
Pennsylvania—
Lines directly operated—
Eaafof Plt*» *E.,May 5,0*5,567 5.171.647 1.000,2*7 1,424,497
Jau. IV) May 3l. .24.4*1.17024.101.670 7,100.235 6 5 24.825
Weal of Pitts %E May
Deo. 215.801
HU.100
Deo.
fan. I to May 34...
1.160,260
Deo. 177,810
Peoria Dec. A Kv__ Mar.
0 7 .5 2 *
72,194
11.546
18,92 2
Jan. 1 to Mar. 31......
217.409
217,953
5 4,830
09.799
Petersburg.... . . . . . May
62,800
58.513
35,282
27.2 40
Jau 1 to May 31......
25’0 .501 2 53.146
111,028
128*00 5
July 1 to May 31. ..
507,143
53 5,277
235,704
236.7,32
Phi la. A Erl© . . . . b May
311,561
95.385
354.710
127.115
Jan. 1 to May 31. . . . 1.4*0,552 1,548.075
383,112
390.390
Phila. A Heading ...May 1,013,102 1.049,758
580,261
640,650
Jan. I to May 31. .. . 7.7 4a, t %7 8,018,512 3.120,417 3.218,705
Dec. I to May 31. ... 9.459,143 9.876,414 3.912,204 8,084,121
Goal A Iron no ....May 1,627.011 1.952.901 •• * *0 10 lef 57.820
Jan. 1 to May 31. ... 7.1S0.181 8.318,404 df.524.59rt
■ ■
df.332,561
Deo. I to May 31. .. 8.957.000 lU.534.702 df-600,1*9 df. 509',53 3
Total both W s ...M *y 3.240.711 1.002.059
427.901
590.839
Jao. I to May 3 1 .... 14,934.818 16.356.910 2.603,621 2.880.144
Dec 1 to May 31. .. 18,410,203 2C.411.176 3,300,075 3,414,588
Reading Gomoany. May
34,956
3 C.958
Dec. I to May 31. ..
150,90*
156,9*8
Total all Com nan’s M *y
512,937
625,795
Dec. 1 to Mar 31. ...
3,461,013 3,571,556
51,401
PhU. Bead A N.Eng . May
55,381
19,079
16,316
Jan. i to May 31. .. .
231 ,CO0
260,015
70,771
71,791
Phils. Wtlra A 'i hit. vf *y 8 44,7 W
801,658
201,387
256.787
Nov. I to May 31 . . l .*93.537 5,037.137 1.22*,025 1,112,625
Pitts. C. O. A
L June ) .108,013 1,19*,235
438.800
339,853
Jan. 1 to June 3 i . . . t .789.060 7,250.397 1,700,01*2 1.633,876
Puts. Lis. A West__May
3.429
711
3,3*6
(ler.462
Jan. I to Mar 31. ...
19.211
17,107
6.252 (lof.S.lOO
Pittsburg A Western May 20 4.055
270,2*3
95,291
8l,0«7
Jan. 1 to May 31. ... : ,038. *24 1,1/7.028
275,590
339,895
Pitts. Youngs. A K ... May
133.855
68,178
160,802
62,005
Jan. 1 to May 31.......
417.010
520,027
160,076
12 #.897
Rloh. Fred. A Pot . .May
70,474
29,733„
75,590
30,155
Jan. 1 to M i>y 31......
306,165
312.010
110.J51
108,6 U l
July l to May 31. ...
005,302
614.578
227,009
212,748
Rich. A Pntersberg.. May
35,067
34,021
14.104
9,753
Jan. 1 to May 31......
147/265
148.500
51,157
42,175
July 1 to May 31__ _ 300,951
32 4.417
93,00 4
97,156
TflE CHRONICLE.
103
Roads.
R io Gr*nde Month..b..May
Jan. 1 to May 31. . . .
July l to May 31.......
R io Grande W eat.b .May
St. Joa. A Gd. I s l.b .May
Jan. 1 to May 31.......
SL Loots A *an Fr ..M ay
Ban Ant. A Aran. P..Mav
Ban Fr. A N. Pao.
.May
July 1 to May 31......
Bar. Fla. A West. b . May
Jan. 1 to May 31.......
July 1 to May 31. . . .
Seaboard Air-Line....Apr.
July 1 to Apr. 30. . . .
S ilv e r Pp. O c a la A G ..M %y
•
32,665
131.855
368,514
201.444
918.467
2.212.973
81.195
437,476
511.376
2,403,909
5,524.846
144.858
777,253
2,079,456
69,*98
263,536
666.002
278,213
1.406,321
3,060.337
30 *,328
3,3 2,189
22,915
86,925
164,776
1.546
8.252
*
11.076
14.424
37,789
67.365
52.769
177,1)6
219,674
159.717
446.692
77,230
82,094
209,129
399,613
3J8.S29
900,792
834.220
749,288
2.249.812
22 455 def 2,935
44.228
35,9 75
183.834
241,554
157,022
192,551
454.342
887, *98
959.500
2.334.107
5,637,506 2,370,896 2,251.619
10,798
127,632
9,528
130,850
124,759
679,251
520,036
665,955
1,766,152
24.437
24.444
68.941
42,850
53.025
271.374
203.010
209,061
720,109
70,578
88.935
288.133
316.921
38 -.848
1,411,976
791,981
812,977
3,111,036
59.152
73,259
270,816
945.47*
973,272
3,127,708
15,314
15,220
24,504
57,075
90,215
49.858
84,593
85.390
170,774
d«f.593
def. 153
1,536
6.718 def. 1,501 def.2,835
Jan. 1 to M »y 31.......
July l to May 31.......
South Haven A East May
Jan. 1 to May 3 1 .....
Southern Pacific
378,771
337.937
Gad. H. A 3 \nt b.May
Jan. I to May 3L . . . 1,810.574 2,015,534
60,305
70,941
Louisiana West b .May
4 10. >02
378,8 6
Jan. 1 to May 31 . . .
390,164
335,651
M Van’sLa. ATex. b May
Jan. 1 to May 31 . . . . 2,103.867 1,981,743
16,945
23,341
N. Y. Tex. A M b May
Jan. 1 to M ty 31 ..
116,751
81,031
Texas A N. O rl.b..M ay
113,957
97,408
540,746
Jan. 1 to May o l . . . .
634.285
944,566
Atlantio System. b||May
895,159
5,123.067 5,088,895
2,651,238 2,429,207
Jan. l.i o May 31 ...1 2 ,2 ;0 .8 0 ' 12,.68,031
Total all.fc I
...M a y 3,807.307 3.54J.024
Jan. 1 to M «y 31 .. lk,3 »8.^24 18,3 S',064
July l to May 31 ....4 5 ,1 0 2 ,3 8 5 46,012,101
So. Pao. o f C al.b May
789.271
"89,522
Jan. 1 to May 31 . . . 3,753,937 4.0 6,518
180,021
So. Pao. ot A rtz.b.M ay
212,838
Jan. 1 10 Mav 31 . . . . 1,062.817 1.0 J7,433
So. Pac. o f N. M b .M a y
126,370
96,743
Jan. 1 to May 3 l . . . .
576.005
501,671
Northern R v .b ...M a y
172,722
161,861
Jan 1 to May 3 1 . . . .
787.761
787,415
Southern Railway a.M ay 1,474,518 1,364.675
Jan. 1 to May 31....... 7,8<>7.080 7,4 6 ',4 7 8
July 1 to May 31.......17,646,565 17,883,641
Spokane FallsANo.a.Apr.
54,163
29,896
Jan. 1 to Apr. 30..
201 375
11 *.964
July 1 to Apr. 30......
453.314
278,959
Stony Cl. AC. M..b .May
2.019
2,411
Jan. 1 to Mty 31......
6,014
7.3 *3
July l to May 3 1___
34.538
37.8J9
Summit Branch©.. May
66 319
79,232
Jan. 1 to May 31 ...
313,362
4*4,815
Lykeurt Val. Coal e.M iy
67,049
66,*81
Jan. I to May 41 .. .
330,649
3 70,62 7
Total b >th i*o.’s ©..May
13 4,363
146.163
Jan. 1 to May 31 .. .
664,511
775,442
Texas Central........... Apr.
16,978
16.509
Jan. 1 to Apr. 30. .. .
70,903
77,360
ToledoAOhlo Cent. b.May 142.319
127,706
Jau. 1 to May 31. .. .
673,379
72 4,860
July l to May 3 1....... 1.593,768 1,796,651
Tol. Peoria A West.b. May
74.062
.76,400
Jan. 1 to May <1___;
349,570
400,630
July l to May 31......
817,763
931,940
Union Paclflo—
Union Pao. Ry. ...May 1,240,536
Jan 1 to May 31... 5.464,067
Cent. Branch ....... May
44.232
Jau. 1 to May 31...
230,172
Atob. C. A Pac. (
« _
.i.Q
A t. Jew.c. A W. { -* -M
dy n35,149
Jan. I to May 31.
177,654
Un. Paolfl i dys.bf May 1.455 140
Jan 1 to May 31... 6.515,644
Ua. P. D. A Gulf b .May 2*4,723
Jau. 1 to May 31...... 1,313,607
Wabash.b..................May 911,178
Jan. * to May 31...... 4,143,78 3
Net -?arninfg 9~
9
s
1,109,914
5,032,975
29,563
1 6 1,455
23,398
120,425
1,257,979
5,834,320
275.934
V 97,439
965,147
4,8 49,695
July 1 to May 31.......10,577,846 11,327.687
Waco A Northw’ n... .May
14.451
13,859
Jan. 1 to Mar 31. ...
85,>33
91,290
W. Jersey A Seash’e .May
194,383
204,39 3
Jan. 1 to May 31......
801,843
821,050
West’n of Alabama..May
4 1,214
38,177
Jan. 1 to May 31 ....
__,,.W
J
257,163
217,537
July 1 to May 31__ _
593.050
540.094
West Va. Cent. A 1’ . .M ay
99,247
98,155
Jan. I to May 31. .. .
455,772
472.975
July 1 to May 31...... 1,043,051 1,089,929
W. Virginia A Plttsb..Apr.
34,547
34,706
Jan. 1 to Apr. 3o .. . .
117,942
119,862
July 1 to Apr. 30......
317,073
328.468
We»t.N. Y.A Penn. b..May 225.563
257.963
Jan. 1 to May 31...... 1,055,364 1,108,982
July l to May 31...... 2,726,591 2,929,493
W1toonsin Central. b.May 32 >,209
335,687
Jau. I to May 31. ... 1,571.394 1.621,393
July 1 to May 31. ... 3!S05,991 3.996.3 2 4
Wrights v. A Tetin. .May
5,372
5,771
Jan. 1 to May 31......
33.109
39,723
July l to May Jl ...
81.304
87,133
York Southern......... May
5,7* o
6,031
Jan. 1 to May 31. . . .
25,826
24.846
115,035
48,949
644,122
359,151
18,723
25,878
14 4,265
173,212
19,579
60,796
375,565
556,950
3,700
8,888
17,949
40,648
24,768
33,488
163,816
221,347
227.613
180,416
1,344,396 1,394,367
669,150
1,009,875
4,073,173 3,680,235
1,195,920
904,620
5.576.397 5,147,057
16,080,984 15,867,399
316,206
234,144
1,353,060 1,32 J,1 >9
32,215
71,624
301,564
328,455
67,614
32,26 4
291.973
184,383
4 4,031
3 *,563
2.'9,9 >3
176,289
313.891
2 40,281
2,2 11,911 1,89 3,57.3
5 541,265 5,431,075
18,767
12,586
112.205
61,334
166,983
259,698
def. 1,060
69
def. 2.544 def.3,661
12.071
11,535
2 090 def. 25.031
def. 9, 05 def. 57.48 2
d ef 60
def. 92o
14,381
25.371
2,02 ) def.25,951
4.676 def. 32,111
1,262
414
6,0 14
11,433
3 4,258
28,533
189,902
221.052
42 i .280
530,204
24 0?3
18,556
93.940
103, *>32
210,796
242,634
403.293
1,833.195
19,530
104,833
def. 1,977
18.072
441,222
2, I d 1.409
62,362
371,440
294,94 4
1.349, ’ 27
3,250.466
4,273
29,757
36 000
126. J52
15.973
102.350
2 44.945
27,343
137,122
33 4,932
15.234
51.792
160,339
54,903
227,839
869,040
85,190
472.426
1,272,212
509
8.722
33.000
1.996
7,768
[VOL. LXV.
a Net earnings here given are after deducting taxes,
b Net earnings here given are befo-e deducting taxes,
c Deducting other expenditures for re pairs,replacem ents and general
exoenses, net Income applicable to Interest on bonds In May was
*129.887. against $ *0,703 last year, and from Jaauary 1 to May 31
*967,670, against *503,146. This is the result in Mexioan dollars
created (according to the com pany’ s method o f keeping its aooounta)
as equivalent to 30 oents in United States m oney—that is. all d epreci
ation bevoud 20 oer cent has already neen allowed for
d Heavy expenses for May due to increased expenditures on equip
ment in antieioatlon o f looteased fall business,
e Results o f coal mining operations only.
f Figures are given exclu sive o f results on Oregon R ailw ay A
Navigation, Oregon 8h rt Line A Utah N.irth’ n, 8t. Jos. A Gr. Island,
Union Pacific Denver A Gulf, Fort Worth A Denver City, Leavenworth
Topeka A Southwestern. Montana Union and Kansas City
Guiana.
S After allowing for other incom e received total net from Ju ly l r
1896. to May 31, 1397. was *53 *,5o-<, agatust * 43s,706.
I Includes besides Atlantic System the HouitOQ A rexas Central,
Austin A Northwestern. Central Texas A Northwestern aud Ft. Worth
A New Orleaus.
1 Includes .hioago Burlington A Northern for both years
t For May, 1897, taxes and renta s amounted to *170.973, against
*157.467, and from July 1 to May 31, 1397, *1.742 3 0 ’ , agatast
*1,773,64 9. after deducting whioh net for May, 1897, was *292,965,
against *323.36 >, aud from July I to May 31, 1897, *5,612,076,
against *4.726.490.
I St. Louis Alton A Terre Haute included in all periods, e x cep t th at
for the ihree mo iths fro a July 1 to Septem ber 30 that road’s results
are not included for 1895.
§ Re.su tso u vibtny Florid 4 A Northern are iaoludod only for J u ly
and August, 1895.
UIncluding incom e from ferries. Ao.
M isc e lla n e o u s C om pan ies.
Gross Earnings.---- ------- Net Earnings.----1897.
1896.
1897.
1896.
$
*
Ed. El.
Oo., Bklyn.May
66,083
61.473
27.794
2 5 .1 5 2
359,363
Jan. 1 to May 3L. . . .
336.159
1 6 7 ,29L
149,84 8
Edison El.n.Co.,N. Y. June
172,861
159.068
63,205
57,412
Jan. I to June 3 0 .... 1,228,767 1.105,905
571,715
434,533
Edison El.II.Co.St. L . Mar.
23,899
23,961
Jan. I to Mar. 31. . . .
87,982
103,335
Grand Rap. Gas uOo. May
8,472
7,107
Jan. 1 to May 31. . . .
54,502
50.493
Laclede Gas- L. )o. .. J une
52,203
48.908
Jan. 1 to June 3o . . .
401,241
36 4,02 2
Mexioan Telephone..May
9,970
10,649
3,509
3,014
Mur. 1 t j May 31. . . .
31,4o9
30,530
11,439
8,401
Oregon Imp. Co.a....May
309,601
282,569
70,579
23.367
Tan. I to May 31....... 1,296 639 1,313.4 ’ 5
16 .047
79.773“
Deo. 1 to May 31____ 1,533,o35 1,553,753
202,794
75,265
Paoifio Mail............... May
336,37 5
280,838
116,226
18,180
Jan. 1 to May 3L. .. 1,395.991 1,598,414
448,415
2 44,140
Tenn. Coal I A RR .May
33,792
74.103
Jan. l to M iy 31____
228,4^4
383.142
Western Gas Co.—
Milwaukee Gas-L.Co.. May
32,643
27.214
Jan. 1 to May 31. . . .
200,672
176.843
m
.
Interest Claries anil Surplus.—The following roads, in
addition to their gross and ae; earnings given in the fore
going, also report charges f >r interest, So., with tne surplus
or dedcit above or below those charges.
------Inf., rentals, e t c * ^
—Bal. ot Net Earn’s .s
189 7.
1896.
$
*
*
i
Buffalo A Su9q leh’ a May
12.668
12.987
12,748
8,305
July 1 to May 31.......
139,796
133,911
133,466
66,330
Jhio. Burl. A Qutnoy .May
890,000
881,107 d ef 51,338 df.25 4,9 54
Jan. 1 to d a y 31. . . . 4,450,000 4,403,53 >
877,331 df.215,676.
Ohio. A W. Mich........ May
34,375
31.848 def. 11.104 d ef 19.363
Jan. 1 to d a y 31.......
172,636
169.U O def. 55,133 d e f.80,342'
ahoo Okl. & Gulf.. ..M ay
19.000
def.9,909
Nov. 1 to May 31. . . .
133. >00
55,041
Olev.Oin. Ch. A St. L..May
246,475
239,324
def.933
2,199*
July i to May 31. ... 2,534.803 2,602,348
330,330
560,48 9
Peoria A Eastern. .May
36,802
36,802 der. 16,332 def. 4 4.542
July 1 to May 3L.......
404,8 LS
404.813 def. 9 4,795
20,085
D inver A Rio GrMe..May
201,063
202,724
33,003
15,210
July l to May 31. . . . 2,164. .65 2,163,977
427.904
734,423
Det.
Gd.Rap.A
West.
May
15,827
4,944
399.798
Jan. 1 to May 31— .
79.270
.. . . . n
1.660,306
16,127
9,48 4 Flint A Pere M arq...M uy
52,745
51,330 daf 9,475 d ef.3,105
64,181
Jan. 1 to May 31. . . .
265,556
255,839 d ef 6,450
47,94 7
10,030
def.8.364 Kanawha A M ioh... May
10,030
*2,123 *def.2.431
July
1
to
May
3L.
.
.
.
112,526
112,202
•def.o.843
•def.3,074
def. 19,539
120,045 d e f.5 ,355 def.l3,5v*9
121,098
332.950 Kan. C. Ft. 9. A M ...M ay
July 1 to May 31. . . . 1,234.444 1,272,9 73
68,310
2 7 ,896
1,803,376
16,507
16,917
63 def. 4.004
40,726 Kan. 0. Mem. A Sir..M ay
July 1 to May 3 1 . . . .
174,306
159,203
137,599
03,9 LO
204,924
60,398
57,764
31,588
44,492
206,662 L. Erie A West’ ll.. ..M ay
Jan. 1 to M iy 31.......
238,316
283.501
227,234
300,019
1.232.406
3,359,672 Nashv.Chat. A S t.L.Juae
126.280
124,377
5,479
53,620
July l to Juue 30 . . . 1,503,132 1,498,432
403,015
44 4,79 6
3,529
36,257
Philadelphia A R e a d in g All coinpaaies. . . . d a y
775,000
8 )3,2 49 d f.242.063 df. 480.4.54
37,631
Dec. l to May 31 . . . 4,05 ). *00 4,3 2 7, t93d. 1,136.95 7d. t, 255, #4 3
8 *,486
Pitts.
C.
C.
A
St.
L
..Ju
ne
229.907
255.16 J
208.893
83,690
10,929
Jan. l to Juue 3 0 .... 1,016,182 1,660.I l l
141,430 def. 26.265
65,92 2
197.734 Rio Grande South ...M ay
14,16 *»
14,007
259 def. 3,0 Jl
July 1 to May 31. .. .
154.937
4,73 0
05,000
154.638
3 0 .9 12
154.469 San Fran. A No. Pao .May
19,101
19,212
5,310
5,225373,e95
July 1 to May 31.......
210,145
211,33 4 d ef 1,084 d ef.8,3 24
16,817 Tenn. Coal I. A R R ..M ay
47,777
47,884 def 13.935
26,224.
61,827
Jan. 1 to May 31. . . .
238,385
239,420 def. 40,431
143,722
187,243 Toledo A O. Cent....... May
42,169
41,174 ■def.7,53 4 *df. 42,265
96,042
July 1 to May 31. . .
427.145
430,864
*2.43 7 •459,564
321,770 Toledo Peo. A W est..M ay
22,673
21,901
1 ,4 0 ) d ef.3,345
844,607
July 1 to May 31. . . . ,
252,375
231,738 d ef.4 4,579
1 0 ,8 9 6
61,334
403,502
* A fter allowing for other Incom e reoeired.
1,279,632
1,603
19,2 30
S T R E E T R A I L W A Y S AN D T R A C T l O i C O M P A N IE S .
35,907
The fo llo w in g table show s th « g ro s earnings for the latest
1.8'»«
5,677 period o f all s t r e e t railw ays from w hich we are able to o b -
Roads.
THE CHRONICLE.
J U LY 17, 1 89 7 .]
ta in weekly or m o n th ly returns. The arran gem en t of the
table is the sam e as th at for the steam roads—th a t is, the
first tw o colu m ns o f figures give the gross earnings for the
latest week or m on th , and the last tw o oolum ns th e earnings
for the calendar year from January 1 to an d in clu d in g such
latest week or m on th .
STREET RAILWAYS AND TRACTION COMPANIES.
Latent Gross Earnings,
Jan. 1 to Latest Dale.
G ross
109
Gross E a rn in gs .■ATe< Earmnps.1897.
1896.
1897,
1896.
•Roads.
$
$
$
Cleveland Electric... Apr. 128,817
131,509
38,931
40.785
Jan. I to Apr. 30......
500,779
504,175
170,839
160,928
Clev.Palnesv.A E . May
7,562
4,243
28,125
Jan. 1 to May 3 1 ___
11,946
Columbus (O.) 8t. Ry. June
50,938
56,288
27,118
30,705
Jan. 1 to June 30___
284.025
315,409
148,528
158,891
Danv.Gaa KL-LA8t.Ry.May 7,792
7,672
3,537
3,417
Jan. 1 to May 31.......
42,625
41,059
19,773
DenverCon.Trainw.. May
62,243
62,713
27,272
25,211
Jan. 1 to May 3 1 ___
276,563
284,831
116,038
109,960
Detroit Cltlzens’St Ry. June 95.627
91,846
48,317
38.708
Jan. 1 to June SO . . .
510,223
486,018
239,010
193,581
Detroit Eleotrlc Ry..May
34,171
38,407
11,308
12,168
Jan. 1 to May 31.......
166,101
174,812
52,658
50,853
Duluth Street Ry___Apr.
15,923
17,564
7,328
8 701
Galveston City Ry...Mar.
14.559
13.528
3,718
3,765
Jan. 1 to Mar. 31......
44,175
39,345
12,587
10,472
Herkimer Mohawk Illon
A Frank. El.Ky....May
3,447
3.6C6
1,473
1,970
Inter-State Consol. Street
Ry. (No. Attleb ) ..June
10,649
10,8 U
2,057
2,408
Jan. 1 to June 30___
57,913
56,355
8,7 45
7,916
Lehigh Traction......June
8,512
9,453
3,419
4,648
Jan. 1 to June 3 0 ___
48.936
57,433
17,060
24,291
July 1 to June 30___
112,566
123,017
49,531
55,985
London 8t-Ry.(0an.l June
9,966
8,865
4,326
4,472
Jan. 1 to June 30 .. .
43,920
38,7 82
15,484
13,829
Lowell L wr'ueAH.-May
36,865
36.651
14.999
17,054
Jan. I to May 31 . . . .
151,316
147,039
55,266
49,681
Melr W.81deEl .Chlc.Msy
64,498
23,236
Mar. 1 to May 31___
211.826
S2,9b7
Metrop'n 9t.Ry„KC..May
165,071
160,348
84,550
"6,819
Jan. 1 to May 31 __
691.923
692,012
296,536
276,172
June 1 to May 31___ 1,774,892 1,783,479
771,206
747,661
Montgomery St. Ry. May
5.478
*,427
2,547
3,019
Jan. 1 to May 31.......
21,582
21,297
9.9:8
10,210
Newburg Elec. Ry...May
6,980
8,544
3,207
4,445
Jan. I to May 31......
26,021
23.409
8,478
9,711
July 1 to May 31.......
75,328
87,246
31,270
33,445
New London St. By..May
3.733
4.736
997
1,695
Jsn. 1 to May 3 1 ___
15,365
14,749
2,015
2,844
New Orleans Tract. May
121,4(8
125,699
42,627
55,258
Jan. 1 to May 3 1 ___
543.084
568,166
191,174
256,657
North Shore fraot'u May
119,910
126,014
46,653
53,511
Paterson Ret'way. June
30,804
27,051
14,120
12,095
Jan. 1 to June 30___
158,256
155,730
69,096
65,320
Pltts.Fr.A3ub.El. Ry.Mny
3,141
1,319
2,040
107
Jsn. 1 to May 3 1 ___
13,630
6,754
8,602
3,150
Pough.CltyAW, Palls. May
7,781
8,454
3,923
4,982
Jan. 1 to May 31.......
29,823
31,041
11,175
11,086
Rochester Railway—
Jau. 1 to Mar. 3 1 ....
197,078
210,775
64,351
57,995
Schuylkill Traction.May
7,113
8,856
t2,014
14,127
Jan. 1 to May 31.......
31.744
39.525
HI .399
(16.682
Get. 1 to May 31.......
60,135
62,518
122.725
126,520
Schuylkill Val. Trae. Apr.
4,306
4,287
461
Jan. 1 to Apr. 30___
15,139
tlef.852
Scranton Railway...lane
28.487
29,275
14,392
15,113
Jan. 1 to June 3 0 ....
162>45
161,778
76,743
78,723
July 1 to Jone 3 0 ....
330,310
354,472
165,979
166,281
Scranton A Carbon.. Apr.
2.852
—
1.747
Scranton A Pll stOD. Apr.
4.662
1.747
Jan. 1 to Apr. 30......
18.384
6,670
July 1 to Apr. 30.......
54.448
22,362
Third Ave. RR. <N. Y .) Apr. 1 to Jane 30___
699,370
708,375
199,909
219,394
Jan. 1 to June 3 0 .... 1,256,493 1,292,916
385,764
449,729
Twin City Rapid Tr.. Apr.
153,811
101,070
80,815
89.013
Jan. 1 to Apr. 3 0 .,...
603,183
619,586
303,046
330.140
Waterbary Tracl‘ n..Jane
23,203
20,148
10,533
10,404
Jan. 1 to June 3 0 ....
119,221
114,802
50,579
53,533
WlIkrsb.AWy.Vy.Tr.May
41,301
43,625
23.844
23,091
Jan. 1 to May 3 1 ___
188,667
193,330
100,474
100,074
I Week or Moo 1897.
1896.
1897. | 1896.
- ! ----*
8
8
Akron BedfM A Clev.
.
P.47S 9,67; ! 32,897
31,906
4,2^5* 4.385
Amsterdam 8t Ry.
18,26*
18,860
4,36
21,1 Si
9.605
Atlanta Railway . May.
.
8.4SJ
32,103
33,410
. 115,25< 119,167 486..'02 472.495
Baltimore Traciion.
1.981
Balh 8t Ry. (Maine). June......
1,70-1
8,717
9,241
0,55-1
8,69c
Bay Cities Consol .. June.......
Binghamton St. Ry... May........ . 12,065 12,725
28,633 30,01 • 120,195 119.839
Bridgeport Traction. May........
Brockton Con. St. Ry. May........ . 26,764 26,698 121,411 112,230
Br”kly n Rap. Tr.Co.—
. 427,313 107,49b 2.226,453 2,199,2"0
. 09,185 65,023 354.669 340.800
495,49c 472,519 2,581,122 2,540.070
323,076 335 154
13,5lv 13,731
38^340
38.683
2,541
10,8*3
1,906
9,883
139,817 140,5:8 779,696 795.510
7.562
28.125
Cleve. Palnav A E.
5U.93- 56.288! 284.025 315,409
34,-*41 34,786 152,744 158,643
Banr.Gas El. L!|<ht A
Street Ry................ May.
7,792
47,625
7,672
41,059
62.243 62,7 H 27«, 563 284,831
26.158 22,951 536,381 509,969
31.171 38.407 160,104 174,012
Detroit Elec. Ry........May.
15,923 17.56 4
58,490
65.707
12,73
13,694
63.286
Erie Eleo. Motor Co . June
71,460
Galveston City Ry... March....
14,359 13,528
44,175
39,845
Herkimer Mohawk II3.4 47 3.806
Booslck By................ June .
671
835
4,01 i
3,360
17,281 18,133
75,247
77.570
Interstate Consol, of
North Attleboro__ June .
10,649 10,891
57,913
56.355
Kingston City R y .... June.
24,664
4.378 4,934
25,125
9,453
l.clilali Traction .......June .
v.512
57,433
4*.936
London St. Ry. (Can ). June .
8,865
9,96*
43,920
38,782
Lowell Law. A U » . . May..
36.865 36,651 1M.316 147,039
157,483 158,701 849 406 850,213
fc4.4'*H
5,427
3,478
21,582
21,237
Montreal Sireet Ry
130,677 116.429 639,092 603,752
192,181 173,765 841.610; 542,185
6,980
8,544| 26,021
28,409
New England S t—
Winchester Ave.... March.... 14,993 14,386
42,078
42.681
2.062
2.142
6.096
6.040!
Total.............. ... March....... 17,037 16,4.50
49.116)
4S.777
3,733
4,736
15,365
14.749
NewOrle
121,409 123,03V 513,0841 568.166
41,431 42,760 626.999 633.985
Ogden.burg 81. Ry... June .
1,654
2.367
7.366
8.019
30,804 27,951 158.256 155.739
Paterson Ry . . . ....... June.
Plttsb.pt.Sub. El. Ry May..
3.141
1,319
13,630
6.754
PoTteepste A Wapp F May.,
7.781
8,454
29.923
31,Oil
echuylklll Traction May.. ■
7.1 J3 *,85*
34,744
38,525
Schuylkill Vsl. In c M a y ........
5,096
5,250
20.235
2,652
Scranton A Carbond'e April.
4,662
Scranton A Plttston Aorll.
18.384
Scranton Railway__ June.
! 28.487 29,275 162,945 101,778
65,434 89.173 *294,'*50 •297,224
2.740
Syracuse E’st-sideRy. June. . . . .
3,487
15,795
18.374
; 34,939 36,955 202,464 212,007
Terre Haute Kl’e. Ry. May___ _
12,683 13,777
58.424
60,951
Third Avenue iN.Y.). June....... ! ...........
1.256,493 1,292,916
Toronto B y .... ...... June......... 91.533 84,709 471,656 464,917
Twin city Rap. Tran. April....... 153.811 161,070 603,183 619.586
Union {S. Bedford) June.......
18,738 20,391 101.535 102,7*7
147,207 152.877 659,720 677,517
18,203 19.480
65,734
69,698
3,309
WakeSeJd A Stone__ June........ .
5,649
2 4,711
24.857
Waterbary Traction. June........ 23,2* 3 20.148 119,221 114,802
a Net earnings here given are after deducting taxes,
Wheeling Railway. ..IMay.......... 13,610 16.180
62,641
66,941
b Net earnings here given are before deducting taxes.
Wllkeeb, A Wy.v^lcy May......... ♦ 1.301 43,625 188.667 193,330
• Method of reporting expenses changed; each month row being
" Includes result* on North Stde Traction Company, which was leased charged with Us full proportion of ail expenses.
February, 1890, to the Second Arc. Traction Co.
>N, t earnings are after deducting taxes and Are and accident instir
asce.
E arximgs.
1*96.
4
9.675
31,800
4,385
18.860
9*605
33,410
1,981
9,241
8,096
12,725
30,013
119,839
26.698
112,230
13,731
38,083
1,906
9.883
1897.
-9
3,505
9,069
i .u i
2.987
2,261
10,499
2,619
7,041
767
2.238
508
4,773
12,753
41,537
6,406
31,079
'5,834
•11,171
964
2,607
1896.
£
4,405
RrtOg/f.
Atlanta R'way........May
DenverCon.Tram w.. May
Jan. 1 to May 31 . . . .
Sehaylktll Traction. Hay
889
2,491
Waterbury Trac. Co.. Juno
Jan. i to Jane 3 0 ....
Oct. 1 to May 31......
3.18*
8,452
849
2,018
4,398
6.1C6
:
1897.
*
Akron Bed A Clev.. May
9,478
Jsn. 1 to May 31 . . . .
32.897
Ani*t**r-lar» Hi* Ry.. May
4.209
Jan. 1 to Mty 31.......
18,208
▲odermna jEiec |Xod.i May
4,362
Jan. 1 to May 31......
21,189
Atlanta Railway...... Hay
8,485
Jan. 1 to Hay 31......
32,103
Bath St. Ry. (MatreiJune
l."04
Jan. 1 to June 30___
8.717
Bay CltJe* Con.8t.Ky Jana
6.554
Binghamton 8t. Ry..Hay
12.065
Bridgeport Traet’n. .May
28,633
Jan. 1 to May 31.......
1*0.195
BrocfctonOon.4H.Ry .Hay
26.784
Jan. 1 to Mat 31 .. . .
121,411
Che.tor (Pa.) Track...Mar.
13.519
Jan. 1 to M tr. 31.......
38,310
City Elec. (R<rme,G». a Jane
2, *41
Jan. 1 to June 3 0 ....
10,843
Honda.
In te r e st C harge* and S n r p ln * ,— The following Street
railw ays, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c., with the
surplus or deficit above or below those charges.
%c- Hot. o f Eel Earn' os —.
to.
S treet R ailw ay N et E a r n in g s.— l a the follow in g we show
both the gross and the net earnings to latest dates o f all S t r e e t
railw ays from w hich we have been able to procure monthly
returns. A s in the case o f the steam roads, the returns of the
different roads are published by as each week as soon as re
ceived, ami once a m onth (on the third or the fourth Satur
day o f the month) we bring all the roads reporting together,
as is done to-day.
----- (Jm$i Karn l«W.— * J-——Net RomlnQ$.-----
1897.
1890.
*
*
1,250
18 797
92,872
2,083
16,667
2.991
18.502
A N N U A L
1.250
17,878
89,306
2.083
16,667
3.048
19,923
1897.
1896
1,369
8,475
23,106
<lef 89
6,058
7,542
32,077
1,936
7,333
20,654
2,014
9.853
6.756
33,605
*
$
R E P O R T S .
Annnal It port*.—The following is an index to all annual
reports of steam railroads, sireet railways and miscellaneous
compaiiies which have been published since the last editu na
11,425
43,088 of the INVESTORS’ AND STRKBT RAILWAY SUPPLEMENTS.
*4,930
This index does not include reporta in to-day’s CHRONICLE,
-12,7c 0
N ote.— Full faced figures refer 'o Volume 65; plain type to
501
14.644
50,481
2,381
Volume 64.
*
THE CHRONICLE.
110
IV o l* L X V .
See index in Chronicle of June 19, page 1179, for additionasmall compauies.
Note,—Full faced figures refer to Volume 65; plain type to
........... 797
AilenhiRiy
American Bell telephone............. <«< '.anfson t'onsoi. Store Service......
. ...... V&l
886 Volume 64.
Am erican T o b a cco . ..
■••••■«*“ MexIcAn Cenfral ............... S27, 839, 816
R a i l r o a d a n d M i s c r l . Co’ s (Con.)
R *lL K f> *D » AND MlBCBL. CO. 8.
Volumes 64 and 65.
Volumes 64 and 65.
llurllniO '.n I ei'ar Ua,i. A N or.......J g
1 a9£:
} > « l c a n t ^ n t r a l . ^ ..........................
R ailroads and Miscel. Co ’ s.
R a i l r o a d s a n d M i * o e l .C o ’ s ( flora.)
V o lu m e s 64 and 65 —
Pape.
O m aha & St. L o u is inters t on ctfs. 2 7
O regon im-.rov0uTt..reory.8OO,8l3, 9 0 i
Do
Do
..co u p -ns.*001,1041
.ream. 122J
Do Patterson & Corwin report. 999 P e c o s V a lley .................
.......... t m
__________________________________ 99?Calgary
& Edmonton . int. paym’t. 'Hi P eoria Dec. * E v ..reory.ptrm .l0i2 L•37
Chicago & s orth W estern ................ 1JJ80
Do
Do Jtrst mtge com . 1089,1187
( )regon Short L in e U R ............. *••y (i‘*
Cape Fear&Yad. Vai.saU <ioa whole.12*2:^
C h ic a g o * W est M ic h ig a n .............
I‘«icitic Mail Steam ship............1040, Z 9
Do
D o ........c up.-pawn* n t. 1225
i arolina Tennessee & Ohio . .#0'd. L00
( Ideag o Edison C o ............•••••.••**
en nsylvania Com pany ..
**
Do
D o ..'iuw 2d mtge. con . Z 7
Centralia & Chester
receiver. 1137
Cincinnati A M uskm gum \ a lloy .. '9* P
Peoria D ecatur & E v an sville.. . 103M Central Pacific.protective measures. 1041 St. Jos. & G r Isl .listing n tw secar.1139
Cleveland & M arietta..............t*iyu"fS S 8 P h iladelph ia Com pany (G a s ).v --coup. -43
Do
__ extensi n of Ists.ilS'i St. L. Vandalia i T . U . ..
C onsolidated Ice
. . . . ■■•••I t? .
('in. CMc & St. L
77b, 796, t»01
Do
— ...... Committee. 1223 San D iego Land & T e r m ...........sold 11-1
Cramp! Wm. i.vN onaM ilp& B. B ld..l3r3 Pitt.
Pittsburg Ft. W ayne & C h ica go .... -*•» Chicago & Alton ......dir. -educed. 887 sum m ii B r...«dr.75.ti; deposits. 955, 1002
D enver A H lo Grand©........................
•••• .............. rP. Chic. Ik No. P..plan m f*di.8B8. 898, 9 1 T e rre H a u te & L o g a n s p o r t..c m s 043
E lectric Storage
»•* P. Lorillard C o.......
Do
new companu. 100O, *2o U nionPac.co/.tr.(5» ’ t iSvldepos.758, 9^2
t rie T elegraph A T eiep..8S 7, 900. 960 St. Joseph & G and Isla n d................ » 4 l
Southern C otton O il.........................
D o coll. tr.
o f l8*l.coUttt.844, 902
& Nor. VVest..refunding.
69
F l i n t * Fere M arqu ette..................
871, 889 Chic.
D o coll, tr, 58, o f 1881................. 902
Southern
Pacific
...........
Chicago & West Michigan . coup.
F o rt W orth It D en ver C ity .......
.
..
797
D o coll, t r ('-s o f 1879................. 902
Sunday Creek Coal................
Cm. Jackson & Mackinaw . reory. 842
G eneral E leotrloC o.................... “ 11 ,
......
840
P a cific...........................
Do K ansas C e n t r a l.___forecl. 799
Midland../ recl.8 8: r«*»ro.ll8i
Georgia A Alabama.....;......••••■• ‘48 Union
.. 998 Colorado
U nited States R u b b e r ....
Do
equip, bonds. & in t paid. 1»02
Do
reortj. plan.1224, 1226
Grand RAnldsA Indiana.. ..H 8 0 ,
......1222 Columbus
Do
..................plan operutu e. 1228
& Hock. Coal & L.reory.1000
Jacksonville Tam pa S K . W .............1 - - - W estm g h o u se E lec. & M fg.
919,
998
Do
..............................coupons. 7 O
Do
Do reevrs. ctfs. 041
tteokuk A W estern . .........................J0b7 W ilm in gton & N orthern.......
Colum. H. V. &Tol. .consol, deposits. 754 U tah C entral....................... sold. 95S 1227
Lake E rie A W estern ....... ..............
W
h
e
e
lin
g
& h a k e TZ.devos its o f Jsts. 955
Do
Do
...... coupons. 842 j
Do
Do
___re* vrs' ctfs. 1182
Do
gen. mtoe. 0S.1O41; C<*m. 224 |
Louisville & Nashville Railroad.
Do
D o Lake JE. Div.Com 1^28
Col. Sandusky & Hock rfcor.1088. 1137 '
Illinois Central. . bond issue
952 W ilm . N ew bern & N o r l o l k — sole 1228
( Advance statement for year ending June 30, 1897.)
coupons.644, 903
Jacksonv.Tampa & K. W ...forclos b83 W iscon sin C e n tr a l
l.madu
soutnoru. .....................
Cmw<1» ..........................................
9”^otM Volumes 64 and 65—
M ichigan .......................................
C entral.................................----Pape.
M inoiiKtthela R iv e r ....................049, 998 Am. Grocery..... recriv. denied.887,118 )
New EuKland T e le g & T e le o ......... 049 Allantic Coast Hues
consol. '*8?
S ! . Buri?4 Q u i n c , : : : 7 s ; ^ : ^ New Vork Chicago & St. L o u is.......
Balto. & Ohio... coupons.Sll, 1 0 ; 6 8
j'hlr Hock 1saI i*iiC 1009,1(^6,1^,H '
■- — - -
Canadian Pnolflc.........................
<“
Central — sak-.1041.lIM, Z7
The operations for the year ended June 30,1897, compared Kansas
Lexington (Ga.) Terminal__ told. 1225
STREET RAILWAYS.
with previous years are shown below, the earnings for June, Little Rock & Memphis.......... ale. 1181 Asbury Park & Belmar............ sale. 1223
LouiBV. Ev. & St.L.E. R.& E. coni. t»9 Baltimore Traction— ..
1897, being estimated.
Marshall Coal Co........ c--m -ittee. 6J)
City & Suburoan _____ ) c
1896-97 (esl.)
$
G r o s s e a r n i n g s ............ 2 0 ,3 6 1 ,6 5 6
O p e r a t in g e x p e n s e s . 1 3 , 8 3 5 , 4 3 4
Net earnings....... 6,526.222
P. o of exp. to earns.
(67*95)
Income f r. iuvee., eto. 422.173
Total net inoome. 6,948,395
Disb- rsentents—
I n t e r e s t a n d r e n t s .. .
...............
Taxes...
Georgia RR. l o s s ---L o s s o t h e r r o a d s ........
^ In k in g fu n d m e t ) . . .
U n fu n d e d d i s c o u n t .
fcl. di N A . a d v a n c e s ..
4,98*1.272
585,760
31,680
50,258
194.662
20.947
118.677
Total diebursem’ts. 5,986,236
Surplus................. ....
962,159
—Vi 64, p. 517.
1894-95.
1893-94.
1895-96.
$
$
$
20,390,711 19,2 •’5,994 18,971,337
13,505,206 12,277,773 11,863,785
6,88=1.505
(66 23)
434,371
6,9911.221
(63-69)
363,273
7.110,552
(62*53)
272.288
7,3 L9,376
7,361,494
7,382,840
4,983,095
579,96 L
3 ',8 7 0
89,989
186,548
14,727
50.183
5 ,013,733
5,065,277
600.359
24,784
139,930
5,942,373
1.377.503
6,660,909
700,585
569.326
108,264
90,025
175.000
6.8«7
697,669
5,830,350
1,552,490
The H. B. Claliiu Company.
(F or the half-year ending June SO, 1S97.)
This industrial corporation makes its report for the first half
of 1897. Mr. John Ctaflin, the President, remarks:
"T h e general business outlook seems now more promising than at
any pievioiia time since the mtnio of 1893. ihe so-called anti-trust
bills, to which we called the attention of our stockholders in Apiil,
•weresi mew h -t modi tied before en ettnent Dy the New Y<*rk L^mlatuie. and in their present form may or may not prove se i uisiy ob
structive to trade. < oueeryative piaus have been matured which will
enable this corporation, if at any time advisable, to avail i sel: of the
liberal a d stable laws of New Jersey without detriment to the
business.°
The results for the half-year and the balance sheet June 30
were as follow s:
EARNINGS FOR SIX MONTHS ENDING JUNE 30.
1895.
1897.
1896.
$
$
$
Net earnings, after paying
all taxes, salaries and ex
penses of every kind for
254,697
the half year........
209,605
158,114
142.126
Inlet eat on 1st and 2d pref.142, i25
142,125
Remainder for com. stock. 67,48')
Twoquar.divs.UH p.o each)114.873
112,571
114,873
15,989
114,873
Balance........ .................... ..def.47.393 def.98,884
sur. re.**e?ve carried forward!23,410
375,889
Surplus reset ve for common----------- ----------------stock June 3u...................... 76,017
277,005
BALANCE SHEET JUNE 30.
1894.
$
242.878
142, 26
100,752
114,873-
def.2,302 del. 14,121
275,916
30 i,60I
273,614
287,480
Assets.
1897.
*
1,043,813
1896.
$
1,209,943
1895.
*
1,209,035
2,739,181
27,197
14,622
152,186
1,246,012
4,564.626
5,448,927
2,739.18 1
27,197
14,622
152,186
1,166,390
3.961,991
5.369.572
2,739,18'
27.197
14,622
Cash dividends paid on account
of spring profits............ ........
152,187
Bill* receivable. ......... .............. 1.322,766
Open accounts receivable.......... 2,9t 3,174
b table___
. Horses, trucks. wagons, etc.......
Total......................................
13,829.588
15,402,698
14,640,177
Capital............. ............................... 9,000, 00
Open accounts payable............... 4,123,855
Porr igu excuange and loan acoL
372,. 18
Surplus re erve..............................
123,410
Profit on spring business............
2o9,605
9,000,000
5,r 0 1,114
26/,579
375,889
15•, 1 14
9,000 000
4,5 5.427
584,136
2 5 916
254,6 16
Total............... ......................... 13,329,588
—V. 64. p. 132.
15,402,698
14,640,177
G E N E R A L
Li abilities.
IN V E S T M E N T
N E W S .
Reorganizations, Etc. -Latest Data as to Defaults, Reor
ganization Plans, Payment o f Overdue Coupons, Etc.—All
facte of this nature appearing; since the publication of the last
t-suea of the Investoks’ and me Sthket Railway Supple
ments may l>e readily found Dy means of tne following index.
This index does not include matter in to-day’s CHRO.Nlci.Et
Memphis & Charleston.forecl.stau 799 I Belle City St. (Racine, WisJ.reoro. 6 8
Do
.......... interest payme-1.1225 Brooklyn Elevated__
d posits 1137
N. Y. Cent. & H. R...... refund 75b, 'Z7 Ca-ital Ry., Frankfort. Kv— -oid.1180
N, Y.& Harlem.refund.15b.9bS, 1001, %
z 7 Fourth St. & Arsenal St.L.)- sold. 6 9
Northeastern ItK. of Ga..r«-cvf.843, 95» Kings County Elevated
. .re. >’<, 1002
Do
Do
safr.LOOl; 7Wf*Mf#.122ft I People’s Ry. (St. Louis). .sale.lOil; 6 9
Northern Pacific Term. ..int. paid. Z7 Pittsburg St Rys ...consolidation.1181
Og lens ,k Lake Champ int. to be p'dl 8 * j Saginaw Consol. St................rw-vr.i0i3
Ohio Valley........... sale. 954.1137; 6 9 1Union St. Ry. (Saginaw)........recyr.1043
A u tn r a cU n * mil
oinpauiFN— v iiti-T r u s t Lawn .— Coal
R oad P r esid en ts N eed N o t l e s t i f y .— A t A lb a n y on July 12
Justice A ld eu Chester vacated the ordeis granted by him
in June last upon the application o f the Attorney General
com pelling the presidents of the various anthracite coal roads
to appear before a referee as witnesses in a proetdure under
the new anti trust law s. Justice Chester granted m e first
orders under the new laws upon request o f the A iorney G en
eral, and without reference to the m eri's of the applica ion.
The motion upon w nich the decision is now given was
argued
before
Justice
Chester on June 8 after the
service upon the piesideLts of
the various roads of
ordeis for them to appear before Referee W aiter E .
W a rd , of A lbany. The motion w rs on behalf of tba
various roads concerned, including tb e Delaware & H u d
son, the Delaware Lackaw anna & W estern, N ew Y ork
Ontario & W e s ern arm tbe Jersey CemraJ, and ask d for a
vacation of the orders so granted on the grounds that the an ti
trust laws were uncous itutioual, th a t tbe Legiaiaiure e x
ceeded its powers in passing th n n . aud that the p iwnrs given
lo the Supreme Court Justice by the provisions of those law s
exceeded tbe judicial fu n c io n s a llo w id by tbe Consii u ion.
The points on w hich Judge Chester rests bis d cisiou grant
ing tbe m otion are reviewed in an ar icle in our - duerial co l
um ns to-day (pages 88 to 9o), to w hich we would refer the
reader.
An appeal w ill be taken from the above d-cision to the
Appellate Division o f ihe Suprem e Court, but that oiviaion
does not si , until Snpt, 7. and should an appeal then be taken
to tbe Court of A ppeals, thi-re can be no final conclusion
much before the last of the y e a r.— V . 64, p. 1040.
A lb a n y R a ilw a y .— E x tr a D iv id en d . — Tbe regular quarterly
dividena of 1^2 P^1 cent and an exira d iv id -n d o f 1 oer cent
have been declared, payable A ugust 2 .— V . 64, p It 87.
B a ltim ore ite O hio R K . — C ertificates A u th orized . -J u d g e s
G off and M orns, in the U died States Circuit, Court a- Balti
more on July 10, authorized tbe r e c e iv e s to issue $680,000 of
receiver’s certificates to pay for 40,000 tons of steel rails.
Judge Guff announced the decision, wbioh was in p a it as
follow s :
those who object to the granting of The order asked for do so with
out denying a single a leg lion of llie petition; d >so with .ut denying
Ihe faots set forth iu the petitio ; do so wi'bonG coin reverting
the lad s charged, tlint, at least quite a number ,f points in the
road theie is absolute necessity for he laying of n-w rails-in other
winds, they do not seem io object to the nurch-ise of the rads but'to
llie manner in wnich they sh .il be paid for, and say that liiey should
be paid for out of the current earuiugs aud not by receivers’ oeciiticales.”
The Court reaches tbe conclusion that the necessity for tbe
putchase of the rails has heen clearly proven, and savs :
“ I go funher^aod say that counsel admitted in the argument that
the necessity exists for the ourch .se if not allot the steel rails, at least
for a laige pan iheieof, and therefore it resolves itself into the ques
tion as to how they shut be paid for.”
Referring to statem ents (w hich have been published from
tirue to time) ihat the iudebtedn.ss of the road had been in
creased over $11),tOO,000 by the issue of receivers’ certificates,
Judge Goff says :
” [ think it is a misconoeption, or rather a misstatemont, in the
history 01 ibis case, io state that the evidences of indebted ness issued
under the orders of Court increase the liability of the Baltimore*
Ohio Bailroad to the extent thereof, in idund numbers say over
$ 10,000,000. In my judgment that 19 not a correct statement! of the
facts. 1 may state in coat oouneotio 1 also tha' all of these receivers’
oeitiHcates or evidences of indebtedness In e been ts.su d wi hihe
assent of the par tea to this controversy. The first amount of $5,000,uOO all part'es admitted m open court, and 0 •the record was an nb-tolute necessity- at that time, owing to the unfortuunte eircumstauoes
then surrounding the company, that these certificates should be
issued. The situaiioo was uuusual; it was phenomenal, unfortunate,
pitiable. At that time ihe repott male by the leceiv. rs aud ac
quiesced iu by all parties iu interest demonstrated that there was an
THE CHRONICLE
J o l y 17, 1897. J
111
Indebtedness of over *3.500.0 Hty bat In equity. at leaat, was a oriorlien
to rhe moritr+*res ou the property of the Baltimore * Ohio Railro $d
Comoauj. f he i^sutui? of ihn receivers’ certificate* was a mere takiag
up of that la teoce l .ea-t, a
of one mano^r of debt for'auotber. it did not increase a dollar toe indeb edness of the company.
•Tde lssu'- or me tuiili qs of dolla's for wined rollm^ -scook was
pu»chase i
aUo done with the a*»ear »f the p trties to this o »atroversy, and under such elreu astances *h»t the bon Ihahler* readated
th*t it was beyond al quest ion to their interest that it should hi done;
and without deacrlblnir that indebted new. the tn tuner to which it was
inadt*. and the mo m iu which it was to be paid. 1C is sufficient to B*y
that it wi l uot deprive the boodhold-rt of one dollar of the money
that would iso in the chaonei to p *T
mail off to them.
•The certifloates that were issued re *tlveto the Indebtedness of the
Mar j and C*»netraetloa Company did not increase the li dull ties of the
railroad company; it was a dent th *t existed at the ti ne, aud wissim
pH the »<itwi italic i of ooe kind of debt for aaoch ir T ie snoi rein irk
may b m tie relative t •the o-rtiflcaies of the Pltiwurr <fe Oanneilsvili- R >im*ad l uiiy say iher* was a controversy the***, in the befciunl£. but it wsa conceded ultimately by all partita in iutere-t to be for
the mutual Interest of ail parties to the controversy and (boss inter
est <i In the ultimate redemption of the Baltimore Jt Ohio R tllroad.
that ih •xpeuditure should be made.”
[The previous U-uea of oert*flc itez referred to above were stated in
the CHRONICLE of June 5, p 1Us7.]
As to the claim that the money for the purchase of rails
should re taken from current incom e or gross receip s, the
Judge states :
“ In view of the repeat leg ists'! in providing for the reduc
tion of the price of gas in th e city of New Y irk. it has se-m ed
to m any stockholders advisable to unite the propsrti-s and
interests o f tne tw o com panies. Such an association of intertsc will enable the m anagem ent to introduce m '.n y economies
and to c o m p -te more effec iv elr with the larger gas com paui s. It will a lsi enable better service to be rendered to the
punlic. Ic is therefore proposed t i f o r m a new o >ro iration,
aud to exchange the shares o f the present companies for new
securities as m vv be hereafter de e r m in e !. T ie undersigned
will act as deonsitary o f tne s ’o ik o f bnth c o m p in i-s , c ircitic ite s for which must be endorsed in blank anddeposited with
it and certiflcites of deposit w ill be issued.
“ If more than tw o thirds o f the shares of the r-sp 'o tiv e
companies are deposited with tne undersigned before Septernner 1, 189f, or other date limited by the und ersign ed .it
has been agree i that a plan o f reorganization shall b* f >nnuL ted and published within thirty days thereafter.
If tw othirds of the shares o f bnth co npanies are not so depoiited,
the snare certitic it-*s are to oe returned to d ‘ post’-ors. Ic has
furiher been agreed that any denositing sh ir-h o ld s.- dissatis
fied with the allotm ent of n -w securities under surh plan,
w h -n published, will be entitled, at his option, to be paid in
'•The originalities was to prevent the disruption of the system, to
prevent tUc default of loterest. and to prevent the necessity of an cash as follow s:
I f o r each shard (par $101) o f the Equitable G ts Light
linroe lia't* forec'os ire. if the money Is \6 b e used oiw for th it p u r
pose. ,»' d if, as h is been said, the interest is to oe -W u lto I. It amine Com pany, $23J in cash.
the dUrap'i io *»f th * eystsin »n I »b* fared s ire of tu*» *101?. and th it
2.
For each sharp (par $100) of the preferred stock o f the
before the indebtedness authorized by the Court can possibly have
N»*w York & East River Ga< )o npany, $115 in cash.
matu*ed or be provided for
••The statement that the bondhol tors h iv e * right to determine as
3 For each sh ar-(p n r
of the c num oa stock o f ths
to l ettermeats or is to the improvement of (hero id. and not tits New York & E »st River G is Com pany, $80 in cash.
Court. ui«j b** s » in a general sense, but then the Court, with the
•“ A syndicate has been form ed to provide the funds neces
a-3-nt of the bondholders, has been committed to a line of p»Ucy under
the receivership, and cauuot be arbitrarily uierferei with, in my sary to pay for the stock o f depositing sharehold rs who may
fudgment.”
not assent to the plan.
1 col elusion the Court makes the folio via g remarks :
“ If hold-rs of cert'lltates issued by undersigned do not
"Therefore. I say. talcing all the facta and clreumsttnces of this within f <ur weeks after the first publication of notice o f the
cairn together, th** uae of policy Inaugurated in the b-gioulng. wirh the plan l<uch publication to be in the N ew Y ork • T im es’ and
eoDsenfi of alt t>*riM» to the controversy, u seem* lo ru* H at U would
be an sot on the part of tn» Court that would show great deroiloil u «»f New Vork * Tribune’ , or in anv tw o papers o f general circula
duty to a>l those wcio ar*» lutereated tu this g-eat prope ty if It would tion published in the city of New Y ork) notify the under
take any «cu >u that would tend to cripple or d**«tror the earning signed of their tlection to sell for ca-h as above they will
wer of toe ti tltiiu »re A Ohio Railroad Company : and It la be a use I
U-ve it I* e**«*utlai to the earning power of this corporation, by then be deemed to have ass silted to all the terras and pro
virtue of which only it can recover from the unfortunate position in visions of the plan and o f the agreem ent o f reorganization as
which it is fou. «l today, that I think this petition should t*e granted, fully as if signing the sam e, and the undersigned will then
and f hall •rdcr the preparation of a decree to (hat effect "
deposit eaid certificate* under »uch plan and a tr ism m t.”
P r efer rtd S tock S u it, E tc . — It was expected that an opinion
Ihe capital stock o f the Equitable is $4,109,000;
East
would be handed dow n in the suit of the trustees o f J hns River com m on stock is $5, ij01 (KHl and the preferre i $2,000,00).
Hopkins ULiversityr to compel the receivers to pay dividends — V . 64, p. 1 00 9 ; V . 02, p. 949.
on the pr»ferred eiock, tu t none was forthcom ing up to the
Erie R l t .— N orthern R K . o f New J e rse y . — P u rch a se. — It
tim e Court adjourned ( July 10) for the d ay. It is understood
that the m atter is under consideratiuD, how ever, aud the isa n n o u n cid that the controlling ,n p rest in the Northern
Railroad,
wbioh was recently sold, was purchased by the
opinion m ay be tiled tofon* the present bearing is concluded.
The application o f the Union Trust Com pany to be made a Erie Rtilroad, w hich is n >w in-rating the Northern under
party to (he receivership proceedings upon the ground that it lease.— V . 64. p. 1041; V . 8 5, p. 69.
ia trustee i or *10 .000,000 Pittsburg & C o on e llsv ill- bonds
upon which default ha# been m ade and f t perraiMIun to sue
the receivers in O h io. Pennsylvania and Illinois * u granted
without obj. e iio o .
New A p p lica tio n f o r C ertifica tes.— Before adjournm ent
(July lb) an application was present'd in which the receiver*
aaktd I. r permission to ent»r into contracts to equip the road
with more rolling stock, costing nearly $8,000,000. O b j.c ion
was m ade, and the matter w ill com e up later.— V . 85, p. 88.
B e lle C l l j S tr e e t R j . (R a cin e , f f t» ,)—R eorga n iza tion . —
It ia now retorted that Receiv. r Sm ith has Hied a peii ion to
be allowed to tell the road at public auction, claim ing that it
WOtlid be for the best interests o f the Stockholders. The se
curity holders ree« m ly reached an sure, inent which it was
thought w tuld avoid the rec»e«i'y for forecloeare. The
bonded indebt.dness o f the com pany is $300,000 and Ibe float
ing debt is said to am ount to 133,000.— V . 83, p. 88.
lio -to u Elevated Itti, — A p p lica tio n to /siu e S tock . — Presi
dent Gaston has petitioned the R .ilro ad Com aes»toners for
consent to an usue o f $15,100,000 stock to provide means i f
constructing its road upon a rou e o f n>>t las) than seveu miles
in length. A bearing on the application w ill be given July
21 — V . 64, p. 1137.
E van sville « T e r r e H a n ts K it .— L is tin g . — On the New
Y ork Stock E xchange this week were listed $137,000 first
general m ortgage fives, m aking the total listed $2,223,000.
O f the $127,000 bonds ju st lisp'd $97,01)0 were issued for
retiring old obligations and $30,000 for new equipm ent.— V .
84, r- 88fl.
Fonda J o h n s'o w n A G lo r e r s r llle R R .— New B on d*. — O f
the §700.000 o f l 1^ p -r cent bunds recently autliotized,
$600 olH) are to be issued to refund the ohl Us and 7s, and
♦ 100.000 have Oeoo s.-I | to p iy f,,r new equipm ent and for
b -tu m ien i s . The E iward C. Jones C o .. N ew Y o r k , have
purchased the rtfu n d in g issue.— V . 65, p. 26.
Fourth St. * A rsen al Ry
( S t . L o u is ) .— O bjections to
Conjiim ition o f 3 M e — Objections to the confirmation o f the
-ale ut ibis n a I on June gi) have been tiled by the attorneys
of the road. The nbj -o iim s set forth that the purchaser de
terred perion* from holding by proclaim ing that the sale was
irregular and would lie attacked. The di-crpe o f sale is said
lo be defective. T he sale, it is alleged, resulted in a sacrifice
of ibe property and an n rd-r is asked to annul the sale and
rt-sell the property.— V . 85, p. 69.
G alveston Lit F o rte & H ouston
R y .— B on d s — A dispatch
from A ustin. Texas, to the S i. Louis “ R epublic" states that
F hat tan non: a R om e A Sou th ern K K . — In corp ora tim i . —
This com pany bas been incorporated in Georgia as successor
to the Cnattanooga Route <£ Colum bus, which was sold in
foreclosure in January last. The capital stock is $3,300,000
and the in co rp orates are : Sim on Borg, Leon S p e ie r, C. B.
W Vlburo, Char. 8 . Pruden, W . M . u arby, A le x . Bonnyinan
and John C. Dell — V . 64, p. 733.
on July 12 “ the Railrosd Com m ission gave iis prrm ission io the La Porte Galveston & Houston Railroad lo
issue $969,000 worth o f bonds under condition that it
would liquidate all outstanding r e c -iv -r s’ claim s as passed
upoo by ibe Fed-ral Court when the road was ia the hands
of a leceiver, W ith this issue the total bonded indebtedness
of the road will be $1,369,( 09,— V . 84, p. 1041.
C hicago Sc N orth W estern R y .— Special M eetin g.— A special
m eeting o f the stockholders will be held a t Chicago on Sept.
23 to vote on the proposed issue o f $160,000,000 refunding
b< nds. The official notice will be found in our advertising
colu m ns.— V. 65. p. 69.
G rea t 'o r t n e r n R y .— D ivid en d In crea sed .— The directors
have declared a quarterly dividend of 1}£ per cent on the
$25 G00,0:M) of preferred stock, payable A u g u s t s . The co m
pany has issued r,o com m on stock, Uivid sods since ISO) have
been 1% per cent quarterly, so that the stock is now m crea-ed
from ia 5 per cent to a 6 to r cent basis.— V . 64, p. 610.
D uluth — S n p -r in r B r id g e .— C om p leted .—O a Tuesday the
big steel bridge uniting Superior and Duluth was opened for
traffic. The total length of the bridge is 1,091 feet between
approach s, a ’ d a d e a r w a t e r v s v o f 201 feet is op “ ned on
eiiher rid - t f the draw . Tbs structure is llfty -eigh t feet
w ide, arranged for two rail wav 'rack*. >»sid-s street railw ay,
wagon and fo it pstsenger war s, and cost about $1,000,000.
T b e r- I- a first m<>r gage for $300,000 and a se em d m d ig ig e
for $6 0.0*8', hoib to the C e D tn l Trust C o ., N ew Y o rk , as
tr u ste e ,- V . 63, p. 504.
E q u ita b le Gas
L ig h t— New
Vork A
E ia t
R iver Ga<—
Proponed C on solid a tion .— The Cen'ral Trust Co. has issued
the follow ing circular to the stockholders of these companies :
II n nttngdoii A Broad Tup H i. K R . A Coal Co. — No C om
mon S tock D ioid ew i in A u gu st. — The directors nave declared
a tenn annual dividend of 2 ^ per cent on the preferred stock
payable in A ugust and pass-d the dividend on the c 'mtnoa
stock. The last dividend on the preferred stock was 8}<£ par
cent in February and 1 p erce n t was paid on the com m on at
the same tim e .— V . 64, p. 826.
t i l l s o ls C entral R R .— Ohio V alley R y .— Ohio Valley P u rChasid.— The O h io V alley, form erly a branch o f the Chesa
peake Ohio & Southwestern, was purchased in the interest
of the Illinois Central at foreclosure sale on W ednesday at
the up«et price of $1,060,000.— V . 85, p. 27, 69.
THE CHRONICLE
112
John Hood M achine A Cordage.— R eceiver A p plied F o r .—
Aprlication w u n u d e on W ednesday, on behalf o f the Northaide Bank of Brooklyn, for a receiver for this company on a
ju d gm e n t, it is reported, o f $10,000.
Lehigh V alley K K .— JVeir P resid en t .— A t a meeting of the
board of directors on Tuesday the resignation o f President
Elisha P. W ilb u r was accepted and A lfred W alter, President
of the Delaware Susquehauna & Schuylkill and Manager of
Coxe Bros.’ coal properties, was elected to succeed him.
The resignations of W illia m L C onyngh am , Charles U.
Skeer aDd George H . Myers as directors o f the com pany were
accepted and their places were filled by the selection of b Iward T. Stotesbury of Philadelphia, C. H . Coster of New
Y o r k , and the retiring President, Mr. W ilbur. Messrs. Stotes
bury and Coster are members o f the banking firms of Drerel
& Co. of Philadelphia and J. P . Morgan & Co. of New York.
The finance committee o f the com pany was reorgantz d to
stand as fo llo w s: A lfred W alter, Edward T. Stotesbury,
Charles H . Coster, E . P. W ilbur and Joseph W harton.
Mr. W ilb u r has been a director of the Lehigh V alley since
1879, and was elected President in 1884. In presenting his
resignation as President Mr. W ilb u r said that it had long
been his desire, on account of his other large interests and
trusts, to be relieved of the active charge of the Lehigh V a l
ley affairs, and that at various times he had so stated to
members of the board, and expressed the opinion that the
tim e had now com e when he could consistently place his
resignation as President before the board.— V ol. 61, p. 1225.
M etro p o lita n S tre e t R y. (K ansas C ity) — E a r n in g s — For
the fiscal year ending May 81, 1897, the earnings on the 114
miles o f this road, excluding results on the 20 miles of the
Kansas City Elevated, were as follow s :
1897.
Tear ending
1897.
1896.
Charges—
$
May 31—
$
$
.445,321
Grose earns...1,624.796 1,622,475 Interest, etc............
Op. expenses.. 926,316 934,815 50 Corrigan 8t. Ry. bonds. 52,050
Transferred to oonstruct’n. 56,535
N e t . . . ......... 696,480 687,660 Dividends paid (2^ %) ...139,670
Other income.
3,680 ............
Total charges...................693,576
Balanoe, surplus for year.. 6,584
Tot.i Dcome. 7C0.160
— V. 64, p. 567.
M etro p o lita n S tre e t R y. (N e w Y o r k ).— New B on ds .— The
new general mortgage and collateral trust 100-year gold fives
were offered for subscription on Thursday by the Central Trust
C o ., V erm ilye (Sr Co. and the Guaranty Trust Co. The total
issue is $12,500,000. but $10,500,000 having been disposed of at
private sale only $2,000,000 were offered to the public, at 105
flat e x-A u gu st coupon.
U pon the closing of the subscription books it was fo u n l
that bids reached the total of $50,000,000, or twenty five times
the am ount offered. It is thought that this m ay have been
due in part to the fact that m any houses w anting bonds bid
for am ounts m uch in excess of w hat they hoped to secure,
know ing that there would be an over-subscription, as the syn
dicate had been very successful in placing the balance of $10,500,000 at private sale.
The follow ing fr ets are from a letter of President H . H .
Vreeland of the Metropolitan Street R y. to the companies
above mentioned :
" The Metropolitan Street Ry. Oo. is a consolidated oompany. which
now owns all the franchises and property formerly owned by the
following companies:
Houston West St. A Pav'ia Ferry. I Lexington Ave. A Pavonla Ferry,
Chambers St A Grand St. Ferry, |Columbus A Ninth Ave.,
South Ferry RR.,
j Broadway
Ry
(formerly the
Metropolitan C1oss-Town,
| Broadway Surface RR.).
The entire capital stock of th» Metropolitan Street Railway Co. of
New York, amounting to $30,0(10,000. is owned by the Metropolitan
Traction Co.
The proposed Issue of bonds Is secured by a mortgage on practically
all tbe property of the o mpany The bonds will be secured by a first
mortgage on the property of the Houston West St A Pav. Fer. RR. Co .
commonly called tbe Ave. C Hue, as soon as the $500,000 bonds of that
company which have been called for payment on July 1st (1897) shall
have been retired. They will also be secured by a first lien on tbe
Chambers St A Grand St. Ferry RR.. on tbe Fort Lee extension, and
on the new electric power-house ? o be ereoted at 96th St. and First
Avenue (for wbleb (lie ground has already been purchased), to cost i i
the neighborhood of *2,000,000. It Is proposed that all the lines of
the Metropolitan Street Ry. north of 42d Street shall be operated
from this power-bouse. The mortgage will also cover as a first lien
various pieces of real estate scattered throughout tbe oity, with an
estimated value of $500,000.
The leases of ibe following companies are pledged for the further
security of tbe mortgage, viz :
Broadway A Seventh Avenue,
I Eighth Avenue Railroad,
23d Street Railway.
| Fourth Avenue Railroad,
Bleeoker Street A Fulton Ferry,
I 42<1 Street A Grand Street Ferrv.
Sixth Avenue Railroad,
I Ninth Aveoue Railroad,
Central Park North A East River.
The surplus earnings acorulng to the Metropolitan Street Railway
Co. from these leasee will be applicable to the payment of interest on
these bonds.
u ! .c.oU5 ,eral srourtty to the mortgage there have been deposit*
with the Trustees the following stocks:
14.0C0 shares out of a total authorised issue of 21,600 shares of t
, „ „ „ Broadway A 7th Ave. 10 per oent guaranteed stock.
4.000 shares out of a total authorised Issue of 7,500 shares of the 4
St. A Grand 8t. Ferry 18 per cent guaranteed stock.
3.000 shares out of a total authorised Issue of 18,000 shares of t
a ooo
,Pa,r* North A East River 9 per oeot guaranteed sto<
9,900 shares out of a total authorized issue of 10,000 shares of t
34th Bt. Crosstown Railway stook.
coaiV*nT haa exPen<led In acquiring the stocks above nam
and in making improvements not heretofore capitalized io anv f ,r
a a “ “ ' “.r .Y " " ,
00,0’0? 0- _W .000.000 of (he proceeds of th
bonds will be plaoed In tbe bands of Trustee* to retire prior liens
to be paid out as further expenditures are made and duly certified
1fSjL*
of the oompany for this fiscal year (ending June :
it*!?7 *a,l?r
° f a operating expenses, taxes, rentals a
« « « ' charge, $1*87,953 U . It I* expected that the Irnpro"
ments to be made with the proceeds of these bonds will very large
fl
[V O L . L X V .
increase tbe surplus earnings, which will be applicable to the payment
of interest on them —V. 65, p. 27.
New Y ork A E a st R iv e r G a s — C e n tra l U n io n G ib , N ew
Y o r k .— N ew C om p a n y.— On W ed n esd a y the Central U n io n
Gas Com pany was incorporated at A lb a n y to m a n u fa c
ture and supply gas and electricity in the counties of N ew
Y ork , K in g s, Q leens, W estchester and Richm ond.
The
capital stock is $3,500,010 ; shares $100 each. The directors
for the first year are Richard N . Y o u n g , Jam es E Tolfee,
Charles L . Horton and Ed vard Canfield o f N ew Y'ork C ity,
and Thom as S. Sm ith o f B rooklyn. H adquarters of the
com pany are to be in N ew Y ork C ity.
The incorporation of the Central U a io n G a s is the result of
the purchase o f control of the C entral Gas L ig h t C om pan y in
the interest of the East River G as. The Central G as L ig h t
had a capital of $500,000, and until 1995 paid 4 per cent d iv
idends; since then dividends have been 8 per cent. The c o m
pany expanded its plant and fu lly equipped its district north
of the H arlem River, where it had practically no com p etition.
Its plant is at the foot o f East One H und red and T h irtyeighth Street.
It is reported that the Northern Gas L ’ ght C o m p a n y, op er
ating in the 24th W a r d , with a capital stock o f $125,000, m a y
be brought into the consolidation.
The East River and Central U nion com panies w ill be oper
ated in harm ony, and it is possible th at all the gas w ill be
supplied from the E ast River works at Ravensw ood, L on g
Island. I t is also proposed to cons didate the E ast River and
Equitable gas com panies.— V . 62, p. 949.
New Y ork S asq n eh a n n a A W e ste r n R R .—R um ored C hange
o f Control ..— Reports have been current this week that J. P.
M organ & Co. had purchased control o f the N ew Y o r k Sus
quehanna & W estern . Controlling interests in the Btock o f
the com pany deny that they have sold their holdings, and
Mr. Coster, of J. P. M organ & C o ., s a y s : “ W e have not
bought a share o f the stock .” The “ E vening P ^st” says :
“ The Susquehanna and the Erie are bidding for the D e la
ware & H udson’s coal-carrying contract (w hich expires
expires Jan. 1, 1898,) w hich for ten years has been w orth
about $1,000,000 a year to the E rie. T he M organ interests are
endeavoring to protect the Erie, and for that reason have
considered buying control o f the Susquehanna. The great
am ount o f stock per mile o f road in that com pany, how ever,
m akes it a m ost expensive purchase.”— V . 65, p, 69.
N o rth w e ste rn E le v a te d (C hicago).— C olum bia C on stru c
tion Co. In te r e s t. — Interest due July 1 on the debts of the Con
struction C om pany is being paid in scrip; the January inter
est was also in scrip. T he Construction C om pany’s statem ent
of Sept. 1, 1896, was given in V . 63, p. 503, show ing $431,800
capital stock i n the treasury subject to sale, but it is under
stood no stock has since been disposed o f and no m aterial
cbaDge hag taken place in the condition of the co m p a n y .—
Y . 64, p. 1089.
N o rw ich A W o r c e s t e r R R .— Yetc B on d s — The Maine R a il
road C om m issioners have authorized the issue of $280,000 4
per cent 2 '-year bonds to pay off the floating debt of the N o r
wich & N ew Y o r k Transportation C om pany, w hich is co n
trolled. The com pany asked permiseion to issue $800,000 of
bonds.— V . 65, p . 27.
O regon R R . A N a v ig a tio n Co.— M eetin gs. — In accordance
w ith the provisions of the voting trust agreem ent, a m eeting
o f the holders o f certificates representing preferred stock
will be held at the cffice of said com pany, No. 27 W illia m
Street, N ew Y o rk C ity, on Thursday, A u g 19, 1897, at 11 a m ,
for the purpose of nom inating ten directors, at least five of
w hom shall be residents of the State of Oregon, and a m eeting
c f holders of certificates' representing com m on stock w ill be
held at 2 P. M. on that date to nom inate five directors, of w hom
three residents of Oregon, to be elected at the annual m e et
in g of the com pany at Portland, O regon, on Sspt. 2. Transfer
books w ill close July 20.— V . 64, p. 1137.
P itts b u r g F t. W a y n e A C hicago R y .— A d d itio n a l S to ck .—
Additional “ guaranteed special im p ro v e m e n t” stock to the
am ount of $283,691 has been issued to the P ennsylvania R R .
for im provem ents, m aking the total am ou n t outstanding
$19,167,148.— V . 65, p. 25.
S u m m it E r a tc li R R .— S old .— This coal road was sold in
foreclosure on Tuesday to the reorganization com m ittee for
$50,000. The reoigacization plan w a sg iv e n in tbe Chronicle,
V . 63, p 1065, and in V . 64, p. 708, some m odifications were
n o ted .— V . 64, p. 1002.
U n ite d S ta tes C a r.— D ep osits o f N on -A ssen tin g S ecu rities
C olled F o r .— Security holders wfco have not asserted to the
p lm of re orgarizaticn are requested by an advertisement in
another colum n to send their nam es and addresses to A . O.
Slaughter & Co., Chicago, or P rice, M cCorm ick & C o ., N ew
Y o r k .— V . 64, p. 1181.
U n ite d T ra ctio n ( P i t t s b n r g ) — P . A . & M. T ra ction A c
q u ired . — In accordance w ith the pi in of consolidation the
P ittsburg A llegheny & Manchester Traction Co. passed into
the control of the U nited Traction on July 10.
B on d s Sold. — Brow n Bros. & C o ., N . Y . , and A lexand er
Brown & Sons, B a llim o ie , have purchased $4,000,000 of the
general m ortgage 5s (see V . 64, p. 1181) and the proceeds w ill
be used to pay in part for several roads acquired.— Y . 65, p. 27,
W ilm in g t o n N ew liern A N o rfo lk R y .— S old .— This road
w as sold in foreclosure on Thursday to interests identified
w ith the A lla n tic Coast Line Co.— V . 64, p. 1228,
J t 'L Y 1 7, 1 8 9 7 . J
JJhe C o m m e r c ia l
THE CHRONICLE
113
C O T T O N .
JJimes.
T h e M o v e m en t
C O M M E R C I A L
E P I T O M E .
F r id a y N ig h t , July 16, 1S97.
f Recent dev*. lopments have been of a slightly disturbing
nature to the general business world. The labor troubles
have caused more or less uneasiness, although thus far they
have not been of a nature to create especial anxiety. The
advices received from Washington indicate that progress in
the tariff legislation is being delayed by a seeming disa
greement between the House of R-presentatives and the Sen
ate conferrees over the ;Ugar schedule, and this, too, had been
a source of some anxiety to merchants, as they fear as a con
sequence a further delay in the passige of the tariff bill.
Exctunve of drought reports from tbe Southwest, crop news,
particularly for grain, has been of a favorable nature. A
fairly sharp advance, however, has occurred in wheat values,
based on the unfavorable nature of the foreign cron accounts.
The action of the Senate Committee on Foreign Relations in
agreeing to report a resolution for the ad >ption of the Ha
waiian annexation treaty without amendment has attracted
some attention.
Lard on the soot hss had only a limited sale and as there
have been moderate offerings prices have weakened slightly,
d o in g at 4 07)fc. for prime Western, 3'7dc. for prime City
and 4 40c. for refined for the Continent. There has been no
trading in the local market for lard futures, but at the West,
under moderate off-rings prompted by an increase in the
receipts of swine, the tone of the market has weakened and j
values have eased off slightly. The close was quiet.
DAIt. T CLOSrXO PRICES OF LARD FCTCRES.
Sal. JIon.
Yurt.
Wed. Thun. Fri.
S ep t ................................ 0 . 4-20
4 20
4 15
4 15
4 20
4 20
Busin. 84 in tbe market for pork has been quiet, and as
there have been fair offerings prices have declined to $8 00
@8 50 for mess, <8 50®10 50 for short clear and $9-1)9 75 for
family. Cut meats have sold slowly and prices have de
clined, closing at
for pickled bellies, 12® 10 lb*,
average. 5®5tf'\ for pickled shoulders and 8}f®9o. for pickled
ham». Beef hss b-en quiet and unchanged, closing at $7 50
@8 f 0 for mess, $3®9 50 for picket, $9 afl0 for family and
$124)13 50 for extra India mess. Beef barns have been easier
at $234)23 50. Tallow has been quiet but steady at 3‘ fc . Oleo
stearine has had only a limited sale, but prices have held
firm at
c. Lard stearine has been dull but steady at
5}fc. Cotton seed oil has bad a fair call and prioes have ad
vanced to 24*f®J5c. for prime yellow. Butter has had a mod
erate sale and p ries have improved slightly, closing firm at
ll® 1 6 ^ c. for creamery. Cheese has had only a limited call,
and values have weakened slightly to 8®7*fc. for State fac
tory, full cream. Fresh eggs have been in fair demand and
firm for choice, closing at lt?f®13a. for choice Western.
The Brazil growths of coffee nave had only a limited de
mand, but there has been leas pressure to sell. The close was
steady, with Rio No. 7 at 7tfc. Mild grades have been Ireely
offered, and as the demand has been quiet prices have
been lowered to 18c. for good Cucuta and IKiJfc. for standard
Java. Tbe speculation in the market for contracts has been
quiet, but in response to stronger foreign advices and some
buying for European account, price* have advanced slightly.
The close was steady. The following were tbe final asking
prices:
July................... 6-75a. I Oct.................. . 7-OOc. I Jan......................715e.
Aug .................. 0sOe. Nov..................7 05e. . Fet....................... 7-J0e.
*«Pt................. 8 00c. |D oc ................ 7'lOe. |March............. 7 25c.
Raw sugars have been fairly Active and higher, closing Arm
but quiet at 84fn. for centrifugals, 96 deg. teat, and 8 tfc . for
muscovado, B9 deg. teat. Refined sugar hail a fair sale early
in the week, but ch sed quiet with granulated at 4 Jjc. At the
auction, teas sold lower, but the cloee was steadier. A large
business has been transacted in foreign molasses.
Only a limited volume of business has been transacted in
Kentucky tobacco, but the offerings have been small and
price* have held firm. Sales 150 hhds. Seed leaf tobacco
has sold slowly but price* have been firmly maintained.
Sales for the week were 995 oases, as follows: 400 cases 1895
■crop, Zimmers, 15® 16c.: 100 cases 1895 crop. New England
,H*v%na. 15 321c ; 100 cases 1895 crop, Pennsylvania Havana,
18J4c.j 150 cases 1894 crop, Wisconsin Havana. 9c.; 45 cases
1893 crop. Wisconsin Havana, p. t„ and 201 cases sundries,
4®i5c.; also 175 bales Havana at 70c. to $1 10 in bond and
225 bales Sumatra at 90o. to $2 15 in bond.
There has been a fair amount o f business transacted in the
market for Straps tin, and although offerings have been
large prices bave held about steady, closing at 13 91® 13 95c.
Ingot copper has had a fair export demand, closing steady at
■H ® 11 !fe. for Lake. Lead has been quiet, and as there was
some pressure to sell at the close, prices were weaker, closing
at 3 85c. for domestic. Spelter has been quiet but steady,
at 4'30@4‘35c. for domestic. Pig iron bas been quiet and un
changed at $9 25® 12 00 for domestic.
Refined petrol-um has beeo lower, closing at 5-85c. in bbl*.,
8 85c in talk and 6-3')c. in ois-** ; naphtha quiet at 9'50e.
Crude certificates have been neglected ; credit balances have
been lower at 77c. Spirits turpentine has been quiet but
steady at 26®2«}fo. R wins have declined, dosing at $1 659
$1 67If for common and good strained. W ool hss been in
differently offered and prices have held firm. Hops have
been quiet but steady,
^
of the
F r id a y N ig h t , J u ly 16, 1897.
Cr o p , as indicated b y our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have readied 4,415 bales,
against 4,953 bales last week and 3,856 bales the previous
week, making the total receipts since the 1st of Sept., 1896,
6,670,832 bales, against 5,198,591 bales for the same period o f
18ii5-6. showing an increase since Sep 1,1896. of 1,172.2H bales.
R e c e ip ts a t—
M o n . 1 T u es.
S at.
Galveston........
T ex. City, Ac.
New O rleans...
M obile..............
F lorida.............
Savannah.........
Brunsw'k.Ae.
Charleston.......
Pt. Koyal,Ac.
W ilm ington—
Wa&h’ton.&e.
W ed .
T h u rs.
37
7
209
101
11
...... ( ... . . . j ......
......
7'
69
130
223
40$
3
1
5
6
......
..... i
...... 1 ......
4
10
15
237
5
......... i . . . . . .
......
......
......
3
5
51
F ri.
63
......
24
2
423
......
861
17
28
299
4
63
1
13
N"p’ t News, Ac.
New Y ork .......
...... 1 . . ... .i
102
......
121
301
85
B altim ore........
Philadid’a, A c ..
216
Tot. this week
414
4541
911
11
10
93
202
11
247
319
247
75
50
363
75
1,732
4.415
503
317
51j
75!
214
863
1.044
729*
The following shows the week's total receipts, the total since
Sept 1, 1996, and the stock to-night, compared with last year.
189(1-97.
This Since Sep.
week.
1. 1896.
1895 90.
This Since Sep.
'
week.
1, 1895.
Galveston... 1
423 1.340,779
Tex C.,Ac.
112,751
NewOrtean*
861 2,070.043
Mobile......
17 291,351
<48,525
Florida.....
Haras nah...|
299 910,294
. . . . . . ! 177,266
Hr*wick, Ac.
Charleston. . !
63 398.376
P. Royal. Ac.
73,595
Wilmington.
n| 231.477
Wash’ s. Ac
Norfolk......
319,, 703,882
N'port N .A c
18,85b
2*7,
......’
New York..
18,575
Boston____
303 160,117
Baltimore . .
63,021
75
Phlla-lcl. Ac.
43,072
1,732
266 927,063
229 112,825
2,226 1,751,742'
54 195,898'
33,7453!
009 752,140
116.23
C4 290,100
7 (0 1 8
2 170,931
767
« 8; 337,501
329 169,846
53,147
263 126.272
48,8531
45
82*
44,013!
Receipts to
J u ly 16.
Totals.......i
4,41ft 6.670,332
3.896 5,198.591
Stock.
1897.
1896.
4,228
8,261
16,81s'
2,174
49,932
3,289
10,250j
1,317
14,321
7,988
1,416
11,073
l,84o!
4,550
1,852!
F0.473
6,000
3.154
5,934'
4,263
50
101,800
6,800
7,851
6,780
148,366
213,553
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts a t-
1897.
1896. 1 1895.
1894.
1893.
1892.
Oalres'n.Ac.
New Orleans
Mobile .. . .
Savannah...
Chae'ton, Ac.
Wllm'ton. Ac
Norfolk___
N. Nows, Ac
All other* .
428
801
17
289
03
11
319
247
2,170
49 Ij
2,22s
54
269
64
2|
68
329
390
133
630
ft
140
97
1
5
118
1,488
523
1.28.
24
725
300
8
195
59
635
985
4,879
23
1,829
21V
41
849
325
1,948
447
4,541
100
1,002
95
67
119
77
5,561
Tot. this wk.
4,415
3,896
2,070
3,812
11,091
12,075
Since Sept. 1 6*170,831 •M:*-.V*1 7s 53,4!»2 5903*498 5040,549 7090,448
The exports for the week ending this evening reach a total
of 15,701 bales, of which 6,210 were to Great Britain. 288
to France and 9,262 to the rest of the Continent. Below
j are the exports for the week and since Sept. 1, 1896.
E rporte
fro m —
Galreaton .
Tes. City. Ac..
New Orleans..
-Mobile..........
Pensacola ...
Savannah.......
Brunswick ...
Charleston ..
Port Royal .
Wilmington..
Norfolk.....
N’port S „ Ac..
New York....
Boeton........
Baltimore...,
Philadelphia..
San Fran.. Ac
tFeck Ending J t l y Id. 1897. Pf«>'h SeVr. 1. IKJfl, to Ju ly 1»J. IM1»7.
E xported to—
E xp orted to—
C onti
C<mf4- Total
Total.
nmi. Week
nent.
Great
France
B ril'n.
IjMO
4.000
....
1,301
......
.....
........
........
........
.......
101
ijsei
518
im
3.90?
IK*
12
1.3W
.......
1*4
.....
T ota l... -------
6.C40
Total. 1856JMI.
9.471
&s
. . .7 .
9.JW2
6.410
741,201 2**1,601 286,720 1,228.008
21.798 21,798
....................
6.301 843,077 426,024 085,660 1,966,665
143,412. .......
37.120 180,632
00,732 .........
5,018 72,350
48.20.1 16,334 372.543 430,140
.. .
103,347
......
21,789
126,130
........
........
:8.32a .......... 101,889 270,211
71,000 .......
71,000
06,431 i ....... 111,303 200,704
1.1 148,320 6,2(0
40.06'- 200,176
9,6631 ......
1,178
10,831
5.8H 32i,,675j 37.913 280,(88 048,206
14* 228.874! ......
8,72* 232.600
l.*2»
80,717 8,798 82.1*0 171,985
124
11.682
21,139 .......
460
69.292
3,6011 ......
66.731
16,701' 3,0Ot,3O7<K>t,*8S 2,204,140 6.003,841
16.884 2,208,189 ,05.780 1,831,014 4.606.980
ijtk i
[VOL. LXV.
THE CHRONICLE.
114
T h e S a l e s a n d P r ic e s o p F u t u r e s a t N ew Y o r k ,
In addition to above exports, our telegrams to-night also
give us the following amouhts o f cotton on shipboard, not show n in th e f o llo w in g c o m p re h e n s iv e ta b le.
cleared, at the ports named. We add similar figures for
<°
New York, wliicn are prepared for our special use by Messrs.
a
I3i!
fast
§bQ2®1 !P* aa©®Jr"
§3!| ®§as|
£>£.
« ©®
®©®P o
© ® 2 *9
ON SHIPBOARD, NOT CLEARED FOR—
Other Coast(treat
Britain. France. Foreign wise.
July 16 at
Leaving
stock.
Total.
None.
1.040
None.
None.
None.
None.
None.
5, 00
800
751
333
None.
100
None.
530
None.
None.
3,806
333
None.
100
None.
530
7,100
1,300
13,012
3,895
10,250
14.221
2,1 "4
1,322
73,378
16,945
1,397
7,540
1,714
13,169
135,197
1,503 20,344
6,258
None
1,296
1,997
35,289
16,805
New Orleans...
Ga1. eston.......
Savannnh......
Charleston......
Mobile ............
Norfolk............
New York........
Other ports —
618
None.
None.
None.
None.
None.
1.400
500
1.397
None.
None.
None.
None.
None.
Total 1897...
2,518
Total 1896...
Total 1895...
12.10«
8.550
178.264
365,544
and the course of prices has been somewhat irregular.
Operators, owing to the uncertainty surrounding the crop
situation, have shown a disposition to hold off and await
developments, although as day after dav passes with the
dry spell in the Southwest practically unbroken, the senti
ment of local traders appears to be growing more bullish.
However, as no serious damage has resulted as yet to the
rowing crop in Texas and Arkansas from the drouth, they
ave been reluctant to go “ long"’ of the market in the face
of the favorable crop prospects in other sections of the cot
ton belt. Early in the week there was a slightly weaker
turn to values as showers were reported in the Southwest
on Saturday and Sunday ; still there was no general rains
and the selling was only scattered; then followed a fairly
sharp advance on a demand from shorts to cover contracts
the operators being somewhat nervous over the continued
dry weather reports. Wednesday, there was a slight reaction
in values, due largely to realizing sales by local longs, al
though there was some selling for foreign and Southern ac
count. Thursday there was an advance in prices early in
the day, in response to unexpectedly stronger foreign ad
vices. ” Subsequently, however, predictions of showers in
Arkansas prompted some selling, and part of the early im
provement was lost. To-day there was a further advance of
(i to 8 points in prices on moderate buying, induced by better
foreign advices than expected and the continued dry weather
reports from the Southwest. Cotton on the spot has con
tinued to have a fair sale both to spinners and exporters,
and prices have been firm. To-day the market was l-16c.
higher, closing firm at 8c. for middling ujflands.
The total sales for forward delivery for the week are
516,■'>00 bales. For immediate delivery the total sales foot
up this week 12,98£ bales, including 4,“87 for export, S,615
for consumption, — for speculation and 2.E00 on contract.
The following are the official quotations for each day of the
past week—July U) to July J6.
Rates on and off middling, as established Nov. 22,1893. and
revised Dec. 11, 1895. by the Revision Committee at which
rales other than middling may be delivered on contract:
f
Fair................. ...............C.
Middling Fair.............. ...
Strict Good Middling.. ...
Good Middling.............
Strict Low Middling...
Low Middling.............. ...
Strict Good Ordinary.. —
1*4 on.
78 on. Good Middling Tinged...
*2 on. Strict Middling Stained .
on. Middling Stained.............
off. Strict Low Mid. Stained.
3S off. Low Middling Stained...
U16 off.
Off.
Even.
off.
i-i-i
% off.
25.
2o32 off.
14,
1>4 off’.
1
On this basis the prices for a few of the grades would be.
U PLAN D S.
G o o d O r d i n a r y .....................................
L o w M i d d l i n g ........................................
M i d d l i n g ......... ...........................................
G o o d M i d d l i n g ......................................
M i d d l i n g F a i r .........................................
GULF.
G o o d O r d i n a r y .....................................
L o w M i d d l i n g ........................................
M i d d l i n g ..................................................
G o o d M i d d l i n g ......................................
M i d d l i n g F a i r ........................................
S T A IN E D .
S a t.
M o il T o e s
615,(
7» «
715,6
8 1 -1 i b
613,,
7*18
7 lDj ,
84,
8 ' 3,
S a t.
in o n T
SH
7 3 l«
7 ‘ «i
§ •>
8^
9 1 -jo
S a t.
L o w M i d d l i n g ........................................
M i d d l i n g ..............................................
S t r i c t M i d d l i n g .....................................
G o o 1 M i d d l i n g T i n g e d ....... ..........
6 > l,e
7 »,«
723,
7 1 5 , fi
73 R
8 3 |k
8 »s
615 0
7 - .«
7 5 ,,
84,
8 ' 3„
u g s
7h 6
71 -1
83 6
84,
91,-
M on T
6n ,f
79 n
7 23...
7 <bv
W ed
u gs
g “ i«
7 »,..
7 2 .,.
7 1 5 ,„
T il.
F rI.
6 5 ,f
7 2 16
715,„
84,
813,
7
7 »8
8_
8 5 ,6
8 78
W ed
T h .
F r i.
73„
71, , t
8 3 ,6
812
9 >-|^
7 1 .6
S h i6
8 is
91 6
74,
7 i9
8 M
8 3 .«
9%
T it.
F r i.
6 1 5 ,,
7 -1 6
7 1 5 .6
84,
813,
W ed
®^16 t S i 1 *
72 3 s 7 2 - 4
715, „
716 p
63t
7^8
7 3632
8
MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed
SALES OF SPOT AND CONTRACT.
CLOSED.
Sat'day..
Monday.
Tuesday
Wcd'day
Tli'day..
Friday..
Total..
Steady.............
8toady ..............
Firm..................
Firm..................
Firm................
ynlei at i,8 adv.
Ex
port.
Sales of
Con- Snec- Con
Futures.
sump. uVVn tract. Total.
677
299
846
844
1,170 1,661
566 2,495
600
543
208
773
4,067 6,615
....
s -D
i "S
*"
® EE. P Q
976
600 2,290
900 3,*31
900 3,961
1,143
981
2,300 12,982
S J - " gP ®e-g -”
. ®b” 8vj-" 3
----ce
-r OD
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•includes sales in September, tor Sentember, 15,100: Septem berOotober, tor October. 381,800; Septeraher-November, for November,
372.000; September-Deoember, tor December, 2.290,000; SeptemberJanuary, for January, 7.114,100; September-February. for February,
146,900; September-March, for March. 6.288,200; September-April,
for April, 335,800; September-May, for May, 4,913,000; SeptemberJune, for June, 799,900.
tW " For exchanges see page 117.
T h e V is ib l e S u p p l y
of
C otton to-night, as made up by
cable and telegraph is as follows.
The Continental stooks,
66.500
71,600 well as as those for Great Britain and the afloat are this
74 400 week’s returns and consequently all the European figures
95.500 are brought down to Thursday evening. But to make the
129,800
8.1,700 totals the complete figures for to-night (July I6i. we add the
item of exports from the United States, including in it th e
519,500 exports of Friday only:
July 17, 1887,j
THE (JSKONH’LE.
1897.
1896.
1895.
1894
832.000
739.000
1,131.000 1,297,000
Stock at. Liverpool.......bales.
.
.
..
,
"7,000
... .. .
•«Wk at London.............
e.ooo
6,000
9,000
Total Great Britain stock. 838,000 745,000 l , 490,000 1,294.000
23,000
30,000
29,000
35,000
stock at Hamburg..................
e t o c k at Bremen.....................
l ii.OOO 166.000 261.000 1-17,000
Stock at Amsterdam..............
3,000
7,000
15.000
13,000
200
200
200
*200
Stock at Rotterdam...............
Stock at Antwerp...................
11,000
12.000
11.000
13.0U0
Stock at H avre....................... 133.000
207,000 427,000 381,000
6,000
6,000
5,000
7,000
Stock at Marseilles.................
Stock at Barcelona.................
82,000
79,000
94,000
78,000
Stock at Genoa........................
39,000
61.000
63.000
17.000
Stock at Trieste......................
18.000
39,000
35,000
34.000
Total Continental stocks..
476,200 60,',200
943,200 723,200
Total European stocks— 1,316.200 1,352.200 2.4S3.200 2,023,200
India wmon afloat tor Europe
52,000 61.000
124,000 75,000
Ainer.eotten afloat for Europe
36,000 49.000
49,000 60,000
Egypt, Braill, A o. ,at! c.for E*po
15.000 10,000
15,000 22.000
Stock to United States ports .
148,368 213,353 332.319 26 5,541
Block In U. S. Interior towns..
34,937 87,925
56.304 73.105
United States exports to-day.
0.376
862
6,337
2,033
Total visible supply......... 1,003,879 1,777,540 3,065,210 2.519,879
Of tbeabove, totals or American and other descriptions are as follows:
(^d o t a t io n s
for
115
M id d l in g C otton
at
O t h e r M a r k e t s .—
below are clo s in g quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
CLOSING UO irvTIONS COS MIDDLING COTTON Of —
July 16.
Satur.
Mmi.
Tues.
Wednes.
Thurs.
Fri.
(ralreston. .
New Orleans
M obile........
Savannah. .
Charleston..
Wilmington.
Norfolk.......
Boston........
Baltimore...
Philadelphia
Augusta----Memphis__
Sr. Louis___
Houston---Cincinnati,.
Louisville...
7ri,«
7ri1()
7»2
7 hi
7%
7%
3
7**18
7 u ia
7H ,S
7h
74
7%
7-s
8
71*16
8%
She
77s
7%
74i
7 u ta
8
7\
7H!g
7 ‘ hs
7h
7h
7%
7~b
8
71*18
81s
She
7%
7%
71*
7Cia
S
7%
7UU.
7%
7h
7’J,e
7%
7%
8*6
7*ha
8%
She
H
7%
7-3,6
711(6
&
8
7 ‘ 1ib
7%
7%
7» 8
7%
8
S%
713,6
8h
8ha
8
73i
713 6
711,6
8
8
7 '1,e
7%
7=s
S;m
7 ra
7\
7\
7 i',a
8
7»4
7%
s
Sis
71518
8M
8*4
b
7%
71*!,
711,6
3
8
T he clo s in g q u ota tion s to -d a y (F rid a y ) a t oth er im p o rta n t
Southern m arket* w ere as fo llo w s .
Athens.............
Columbus, Ml**
7h Nashville........
7*a
8
7*9 Kufaula...........
7»15
Atlanta-------7M Natobe*..........
Charlotte.......
8*4 Little R ook....
6 “9 Rnlelgh........
8
Columbus. Ga.
7 \ Montgomery...
7*s Shreveport.___
7M
R e ceip t s from t h r P l a n t a t io n s .— Th e fo llo w in g ta b le
in iii a les the a ctu a l m o v e m e n te a ch w eek from th e p la n ta tion s.
H ast I n d i a n , J S r a iil, d e . —
Liverpool stock......................
127.00c 148.000 128,000 204,000 i he figures d o not in clu d e ov erla n d receipts c o r S ou th ern
ti.OOO
9,000
7,000
London stock...........................
8.000
oa su m p tion : they are sim ply a sta te m e n t o f th e w e e k ly
90,200 138.200 103,200 177,200
Continental stock#.................
64.000 133.000
73.000 Movement from the pla n ta tion s o f th at part o f th e cro p w h ich
India afloat for Europe,.. . . . .
52,000
10.000
15,000
22,000 du ally reach es th e m arket th rou gh th e ou tp orts.
Vgypt., Brazil, &e„ afloat......._ 15,000
Total East India, A c........ " 290.200
381.200 376,200 485,200
Total American
........X.S19X170 l ,413,340 2,899,010 2.034.879
******
Receipt* at («# Part*. St* at Interior Town*. Rec’vUfrmn PlanVm
Total risible su p ply........1,004 47o 1 ,777.540 3,065.810 2,519 879
Sndinth- 1 vm , \
i m . | vm . 1W,. [ 1898. ism. 18»7, 18«i. |1866.
327 d
3U ,*d.
3<'-lart.
Middling Upland, Liverpool..
V-j-.ri
Middling Upland, Sew York.
«o.
7*ao.
7 a.
7 i)flo, Janeii, ,j
SJU»i UMS77| 15,525 saAiajuojes 76,165
16
6,261
EgyptGoodBrown, Liverpool
S'i#X
«%J.
«\d.
5d.
u
7,446 11.257
n.f=»
! '.711 U,«P| i&Mi
Berov. EoilkitGood, Liverpool
(Seel.
6‘ .v-J.
5*ts<L
5»',«.l
8.S24
** SK...6 j H.0U: x
I0i,W b «7,e78
85 2,196
Broach Fine, Liverpool..........
*' d.
3-'L.4,
3 a... d.
trt.
Ttnnevelly Good, Liverpool..
Allied.
3% L
3«w,-.d.
July t.*,. | Q.mt\ MW* 3.7U6 m.mA mM* m .m
649
595
“
■
0
....
4A,U\
140
*1,^:4 PSjte* 68.768
t W T he im ports in to G ojitm an fa! ports th e pae! w eek have
1
*
j
m
tmn
87.025
“
18
5tt,30i
219
.......•
boon 50,000 bales.
T he a b o v e tiguren in d ica te a deereane in the co tto n in right
The a b ove sta tem en t sh ow s: l , —T h a t the total re ce ip ts
t o n ight o f 08.361 bales as com p a red w ith the sam e date from th e pla n ta tion s sin ce Sept. 1,1896, are 0,585,175 bales: in
o f 1886, a fa ilin g o ff o f 1,451,38! bales fr o m th e corresp on d in g 1890-98 w ere 5,233,816 bales; in 1894-93 w ere 7,852.461 bales.
date o f 1885 and a decrease o f 811.000 bales from 1894.
2 .—T h a t a lth ou g h th e receip ts a t th e o u tp orts the past w eek
were 4.1,3 bales, th e a ctu a l m ov em en t from p lan tations w as
a t THE I n t e r io r T o w n s the m ovem en t— th a t la th e receipt*
o n l y ------ bales, the b a la n ce b ein g taken fr o m the stock s at
fo r th e w eek and sin ce S ep tem ber 1, th e sh ip m en ts fo r the the in terior tow n s. Last yea r th e receip ts fr o m th e p la n ta tion s
week a n d th e sto ck s to-n ig h t, and th e sa m e item * fo r the for th e w vek w e r e ------ bales and fo r 1895 th ey w ere
318 bales.
corresp on d in g period o f 1885-96— ta set o u t in deta il below .
O v e r l a n d Mo v e m e n t f o r t h e W e e k a n d S in c e S e p t , 1,—
We giv e b elow a sta tem en t s h o w in g th e overla n d m ov em en t
fot in * w eek a nd sin ce S ep tem ber 1, A s th e retu rn s rea ch ub
oy telegraph la te Friday n ig h t it is im possible to enter so
largely in to deta il as in ou r regu la r m on th ly rep ort, b u t all
to e prin cip a l m atters o f interest, a re g iv e n . This w eek ly
pu blication is o f co m a e su p plem en ta ry t o th e m ore exten d ed
m on th ly statem en ts. T he results for the week en din g J u ly 16
and sine*- Kept. l in she last tw o vaars are a* follow s.
Liverpool stock......... ..bales. 703,000 591.000 1,355,000 1.083,000
471.000 8*0.000 351,(100
3
Continental stock s.............
49.000
49.000
(SO.OOO
American afloat for Europe 36.000
United State* stock................ 149.3(56 213,553 3 82,34 ( 265,541
87,923
50.304
73.105
United States Interior stocks.
34,917
80S
(1,357
2,033
United States exports to-day.
8,370 _
Total American............... 1,31s,679 1 ,1X3,340 2,(Ss9cOTo 2,034,679
1896-97.
July lfl.
Wttk*
&kxppm*~
V!» dt, LoftlA......................... .
Vi» Cairo........ . . . . ....... . . . . . .
VI* P«tflttsr . . . . . . . . . . . . .
Via Kvantn-Jlle... . . . . . . . . . . . . .
Via IkOuUrilht..., . . . . . . .... ....
Via 'hnolnnatl...........................
Vi* other route*. A c..............’. ..
0.8 tl
673
*to
1,(120
220
Bmt*
8t VL \
!
1895-96.
ir«k .
905
554,134 1
271,984
1,074
22,677
2,tk*»S
75
138*842 !
149,460
556
171
117,028
6,813 1,25-1.578
Since
SejiL 1,
549,832
*24, ,105
18.751
1,681
138,151
1*20.270
92,121
*2,781 1,165,501
Total inn.* overland.............
Deduct thipment*
Overland to N. Y., Boaton, Ac.
Between Interior tow n*...........
Inland, Ac,, from Boutl,.............
2,170
iy
843
819.785
4.70V
52,510
390
*278
053
27*2.290
4.329
55,082
Total to 0© clortaotiNl.. . . . . . . . .
3,026
377.003
1,319
331,701
1,462 833,800
Leaving total net overland*-.
2,797 877.575
* including movement hr rail to Canada.
The fo re g o in g sh ow s th a t th e w eek 's net ov erla n d m o v e m e n t
this year has been 2,787 bales, aga in st 1.462 bales for th e
week" in 1898, and th a t for th e season to da te th e a g g reg a te n et
overland ex h ib its an increase o v e r a yea r a g o o f 43.775 bales.
f » Sight and Spinner*'
Takings.
1896-97.
Week.
Since
Sept. 1
4,415 8,670.832
Receipts at ports to July 18.. —
2.7*7 877,575
Net overland to July 18................
lontbern consumption to July 16 15,000 867,000
Tota marketed..........
nterior stocks In exeen*.
Caine Into (debt during week.
Total In sight July 16___
The a b o v e totals sh o w th a t th e in terior stock s have decreased
lu r in g the week 6, (16 bales and are now 51.8-8 bales less
than a t sam e period last year. T h e receip ts a t all the tow n s
have been 3*776 b a l-- m ore than an m e weak last y ea r and sin ce
8er»4.1 they are 320,758 bales m ore th an for same time in 1895-6.
1895-96
Week.
since
Sept. 1.
3,896 5,198,591
1,402 833,800
13,000 842,000
22,202 8,415.407 18.358 6,874,391
55,225
’ 6,410 *85,657 * 5,983
15,768
12,375
8.329,750
6,929,016
NnrtlVn spinnerstak'gato July id! 15,339 1,715,116
Lea* than Sept. 1.
Decrease during week.
1,881 1,588,885
It will be seen by the above that there ha* come Into sight
during the week 15,786 bales, against 12,876 bales tor the
same week of 1896, and that the increase in amount in sight
to-night aa compared with last year is 1,400.134 bales.
116
fHE CHRONICLE.
[V
ol
. LXV.
oo
oo
oo
W e a t h e r R eports b y T e l e g r a p h .— Our telegraphic re dredths. The thermometer has averaged 80, the highest
ports from the South this evening indicate that there have being 92 and the lowest 67.
Augusta, Georgia.—W e have had rain on three days o f
been beneficial rains along the Atlantic and in the Eastern
the week, the precipitation being ninety-one hundredths of
Gulf States during the week, and that in consequence the an inch. The thermometer has averaged 78, ranging from
crop is improving. Else where in the cotton belt where rain 62 to 91.
Charleston, South Carolina.—W e have had rain on five
has fallen the precipitation has been light, and from Texas,
Arkansas and Tennessee there are complaints that moisture days of the week, the rainfall reaching two inches and
forty-five hundredths. Average thermometer 80, highest
is needed. In Texas hot, dry weather is causing bolls to open 8 8 and lowest 71.
rapidly, anil some picking is being done in the southwestern
Stateburg, South Carolina.—Crops are flourishing, but
some fields are grassy. We have had rain on four days of
portion of the State.
Galveston, Texan.—The light showers of the past week, the week, the rainfall being one inch and ninety-six hunwhere they occurred, were beneficial to cotton, but the crop dreths o f an inch. The thermometer has averaged 76-5,
is needing a good general rain throughout the State. Hot ranging from 64 to 87.
Greenwood, South Carolina.—It has rained on one day of
and dry weather is causing bolls to open rapidly, and some
picking is going on over Southwest Texas. Early cotton is the week, the precipitation reaching one inch and twentyshedding leaves, forms and squares in several sections. We three hundredths. The thermometer has ranged from 67 to
have had rain on one (lay of the week, the rainfall reaching 8 8 ,averaging 77.
Wilson, North Carolina.—We have had rain on tw o days
six hundredths of an inch. The thermometer has rangec
of the week, the rainfall reaching three inches and twentyfrom 77 to 93, averaging 85.
Palestine, Texas.—We have had no rain the past week. two hundredths. Average thermometer 80, highest 90, low
est 6 6 .
Average thermometer 84, highest 100, lowest 6 8 .
The folio wing statement we have also received by telegraph,
Huntsville, Texas.—It has been dry all the week. The
thermometer has averaged 84, the highest being 102 and the showing the height of the rivers at the points named at
8 o’clock July 15, 1897, and July 16, 1896.
lowest 6 6 .
Dallas, Texas.—Rain has fallen on one day during the
July 15, ’97. July 16, ’96.
week, the rainfall reaching thirty-three hundredths of an
Feet.
Feet.
inch. The thermometer lias averaged 82 and has ranged New Orleans.......
6-6
5*8
from 61 to 104.
vlemphls.............
15-7
14-8
San Antonio, Texas. —We have had only a trace of rain Nashville.............
4-2
15 7
39
00
during the week. The thermometer has ranged from 6 8 to 8hreveport..........
Vicksburg............
22-8
21*7
100, averaging 84.
Luting Texas —Rain has fallen on one day of the week,
J u te B u t t s , B a g g in g , A c.—Jute bagging has bpen in
the rainfall reaching forty-two hundredths of an inch. fairly good demand during the week under review at un
Average thermometer 84, highest 102, lowest 67.
changed prices. The quotations this evening are oj^c. for
Columbia. Texas.—There has been rain on one day of the
lbs., 5%c. for 2 lbs, and 6 %c. for standard grades. Car
week, the rainfall reaching fifteen hundredths of an inch. load lots of standard brands are quoted at oj^c. for 1% lbs.,
The thermometer has averaged 82, the highest being 97 and 5%c. for 2 lbs. and 6 %c. for 2J^ lbs. f. o. b. at New York.
the lowest 67,
Jure butts continue in fair demand at l'02c. for paperquality,
Cuero, Texas.—There has been one shower during the 1 25c. for mixing and l% o. for bagging, all to arrive.
week, the precipitation being two hundredths of an inch.
I n d ia 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 .— The receipts
The thermometer has averaged 84, ranging from 67 to 101.
Brenham, Texas.—There has been rain on two days of the and shipments o f cotton at Bombay have been as follows for
week, the rainfall being fifty-two hundredths o f an inch. the week and year, bringing the figures down to July 15.
BOMBAY BECBIPTS AND SHIPMENTS FOB FOUB TEAKS.
The thermometer has ranged from 69 to 104, averaging 8 6 .
Fort Worth, Texas.—We have had rain during the week
Shipments this iceek. Shipments since Sept. 1.
Receipts.
to the extent of twelve hundredths of an inch on one day.
Great
Conti
This
Great Conti
Since
The thermometer has averaged 82, the highest being 104 ani Year BriVn.
Total.
Total.
Britain nent.
Week. Sept. 1.
nent.
the lowest 61.
4,000 4,000 30.000 535.000 565.000 13.000 1.556.000
Weatherford, Texas.—Dry weather has prevailed all the 96-7
71.000 708.000 779.000 12.000 2.095.000
95-6
week. The thermometer has averaged 82, ranging from 60 ’ 94-5
26.000 509.000 535.000 10,000 1.481.000
to 103.
93-4 i ’ ooo
i ’ ooo 47,000 744.000 791.000 14,000 1.759.000
New Orleans. Louisiana .—It has rained on two days of the
Shipments since Sept. 1.
Shipments fo r the week.
week, the precipitation being fifty-three hundredths of an
inch. Average thermometer 83.
Great
Great
Conti
Total.
Britain. Continent. Total.
Britain. nent.
Shreveport, Louisiana.—W e have had a trace of rain on
one day during the week. The thermometer has ranged Calcutta—
from 6 6 to 97, averaging 83.
,
3,000
3,000
6,000
69,000
75,000
1896-97...
___
81,000
4,000
4,000
11,000
Columbus, Mississippi.—We have had rain on three days
1895-96...
92,000
during the week, the precipitation being sixty five hun Madras—
8,000
16,000
1896-97...
24,000
dredths of an inch. The thermometer has averaged 81
10,000
9,000
1895-96...
19,000
ranging from 63 to 105.
All others—
108,000
28,000
136,000
1896-97...
3,000
8,000 11,000
Leland, Mississippi.—It has rained on two days of the
90,000
3,000
3,000
19,000
109,000
1895-96...
week to the extent of twenty-three hundredths of an inch.
Average thermometer 77-6, highest 92, lowest 58.
Total all—
235,000
42,000
193,000
Little Rock, Arkansas.—We have had rain on one day of
3,000 11,000 14,000
1896-97...
220,000
180,000
7,000
7,000
40,000
1895-96...
the week, the precipitation being three-hundredths of an
inch Average thermometer 82, highest 99 and lowest 63.
EXPORTS TO EUROPE FROM AL INDIA.
Helena, Arkansas.—Cotton is doing well except in some
1896-97.
1895-96
1894-95.
parts of tin's vicinity, where there has been no rain since
Shipments
April. There lias been light rain here on two days during to all Europe This
Since
This
Sine
This
Since
from—
week.
Sept. 1.
week.
Sept, l
week.
Sept. 1.
the week, the rainfall reaching thirty-three hundredths of
an inch. The thermometer lias averaged 74, the highest Bombay.........
4,000 565.000
779.000
535.000
being 94 and the lowest 58.
6
7,000 220.000
4,000 158.000
All other ports 14,000 235.000
Memphis, Tennessee.—The early part of the week was ex18,000 800,000
4,000 693,000
7,000 999,000
Total.......
treinely hot, with rain on Sunday, the precipitation reach
ing thirty-nine hundredths of an inch. Moisture has been
A l e x a n d r ia R e c e ip t s a n d S h ip m e n t s .— Through arrange*
unevenly distributed, in some sections being excessive ments we have made with Messrs. Davies, Benachi & Co., o f
whereas in others there has been none. Crops are pro Liverpool and Alexandria, we now receive a weekly cable c f
gressing well where rains were sufficient. The tliermom the movements o f cotton at Alexandria, Egypt. The following
eter has ranged from 62 5 to 97, averaging 79'2.
are the receipts and shipments for the past week and for the
Nashville, Tennessee.—Telegram, not received’.
corresponding week of the previous tw o years.
,.1
-Alabama.—Reports from most sections indicate
Alexandria, Egypt,
that the crop is improving. We have had good rains on
1896-97.
1894-95.
1895-96.
July 14.
four days in the early part of the week, the rainfall being
three inches and seventy-one hundredths. Average ther Receipts (oantars*)__
mometer 80, highest 92, lowest 65.
This week........ „ .....
2,000
5,784,000
SlnoeSept. 1...........
4,538,000
5,205,000
Montgomery, Alabama.—There has been rain on two days
o f the week, the precipitation reaching eighty-two hun
Since
This
This
Since
This
Since
week. Sept. 1. week. Sept. 1. week. Sept. 1.
dredths of an inch. The thermometer has averaged 84, the
highest being 91 and the lowest 71.
Exports (bales)—
f r n h ~ ? ott° n , continues to improve and is
328.000 1,000 331.000 2,000 272.000
To Liverpool. . . . . . .
fruitmg well. Rain has fallen on two days, to the extent
381.000 2,000 328.000 4,000 343.000
To Continent!.........
of two inches and sixty-two hundredths. The thermometer
8,000 709,000 3,000 659,000 6,000 615,000
Total Europe.......
has averaged 1 6 , ranging from 63 to 96.
* A cantar is 98 pounds.
Madison, Florida.—The week’s rainfall has been four
t OI which to America in 1896-97, 48,941 bales; in 1895-96,58,251
inches and thirty-five hundredths, on four days. The ther bales; In 1891-95. 43,260 bales.
mometer has ranged from 6 6 to 9 4 , averaging 78.
This statement shows that the receipts for the week ending
Savannah, Georgia.—There has been rakTon five days of July 14 were 2,00C can tars and the shipments to all Europe
the week, to the extent of two inches and forty-three hun 8 ,0 0 0 bales.
THE CHRONICLE
Jcly 17, 18V7.J
M a n c h e s t e r M a r k e t , — O ur re p o rt r e c e iv e d b y c a b le
to -n ig h t fro m M an chester sta tes that the m arket is 'flrm fo r
b oth y a m s a nd shirtin gs, i a co n se q u e n ce o f L iv e rp o o l n ew s.
W e g iv e th e prices fo r to -d a y b elow and leave those f o r
p re v io u s w eeks o f this a n d last y e a r fo r com p a rison .
1897.
1896.
S% to*. Shirt Cotrn
8% 16*. Shirt Ootl’n
32s Cop, ing*, common Mid. 82* Oop. ings,
common Mid.
Twist.
■Twist.
to finest.
Vptds
lo finest.
Vpld.
J'e 11
“ 18
« 25
July 2
- 9
“ 16
d,
8^:9
BH
05tg
6*8
6%
6%
a.
87*1.
»7 %
®7%
975g
157%
97%
«.
4
4
4
4
4
4
d. * . 4 .
0>a«e 6%
1 96 7
1% 98 7
1«9»6 7^3
11*96 7%
2 96 7L,
a,
a.
d.
*6S, eq, ®7H
4% 6% 97%
4%
».
4
4
4
4
4
4
2SSA
4«32
a.
4
4
4
4
4
3
s.
96
36
96
38
36
96
a.
a,
32*32
S^a 31*18
3*9
8%
S*a 4
7
327ss
8h
S ea I s l a n d C otto n M o v e m e n t .— W e h a v e re ce iv e d th is
F rid a y) e v e n in g b y telegra p h fr o m th e v a riou s ports th e
details o f the 3ea Isla n d c o t to n m ov em en t fo r th e w eek . The
receipts f o r th e w eek en d in g to-n ig h t (Ju ly 1®) and since
Sept. 1 , 1898, th e s to ck s to-n ig h t, a n d the sa m e item s fo r the
corresp on d in g p e rio d s o f 1893-96, a re as fo llo w s .
1896-97.
Receipts to July 10.
1895-96.
Slock
fAi*
Since
Since
TAt*
week. Sept. 1. week. Sept. 1. 1897. 1896
8»ranisali........................
Oharleston, 4<J................
Horlfia. &e........... ..........
T ota l.............. .
7 83,871
10,397
8,733
6 77,186; 7,202, 2.357
10.556 1,027
540
4,783!
200, 432
7 101,001
6 92,5251 8.429; 3.338
T he e x p o rts fo r th e w e e k en d in g th is ev e n in g reach a to ta l
o f 242 bales, o f w h ich 341 bales w ere to G reat B ritain, 1
to F ran ce and — to B ev a l, a n d th e a m o u n t forw a rd ed
to N orthern m ills has been — bales. B elow are th e exports
fo r the w eek and s in c e S ep tem ber 1 in 1896-97 and 1895-96,
Reports
from—
*________ __
»*<rtuia'lx, Ac
Charifn.Ac
fftoxMm, &«.
New York..
Boston.......
PbU».. A c...
Wux finding July 16. Since Sept. 1,1896. IfortA'n MU t.
Sr eat fir'ru*
Ortat Fr‘ nee
Total. Bril’ *, eke.
Total.
Rrit’ n. fit.
Ant
Week. Sept.:
15,029 3,176 18,204
2,938;
2,993
227
14
Total.......
241
Total 1895-0
29,003
2,158
0,733
.......i
1i'.-VJ-i 7,305 18,954
14 13,840............ 13.940
3.B27
102 3.929 : : : : : :
- ........! ...
242 47*21*7? 10,@43 57,860
373*84
1
. . . . . . ........ 42,260 7,242 49,502
540,070
cuum ueram e p o rtio n or m e ssea is la n d c o t to n ship ped to
fo re ig n porta g o e s via N ew Y o r k , and som e sm a ll am ou nts via
Boston and B a ltim ore. Instead o f in c lu d in g th is c o tto n for
th e w eek in w h ich it leaves th e S ou th ern ou t port*, w e follow
the sam e plan as So o u r re g u la r ta b le o f in c lu d in g it when
actu ally e x p o rte d fr o m N ew Y o r k , &<„*. T h e deta ils o f th*
ahtpm ents o f Sea Isla n d c o tto n fo r the w eek w ill be found
u nderth © head “ S h ip p in g N ew s,” on a su b seq u en t page,
Q uotations J u ly 16 at S avan n ah , fo r F lorid a s, co m m o n ,
8 c,; m edium fine, 10c.; choice*. 13Js£c,
C h arleston , C arolina*, m ed iu m ' fine. llffllT c .: fine, 18c.:
fu lly fine, 19<820c ; e x tra fine. 2*<§3Jc,
a
T ub A osaccL T T R A L D e p a r t m e n t ’ s J p l y R e p o r t . - T he
fo llo w in g statem ent sh ow in g the con d ition o f co tto n was istn ed by the D epartm en t o f A g ricu ltu re J u ly 10:
. The Jaly return* far -prion to the Department of Acrteattere loffltn m u a f I f ?.$*
*,J0>** ■omparrd with 83-5 S» Juos. a;.
m WJWMW twB-tiUon July 1, i| S § w,,» 92 a.
The averages at the Btete* ere a* follow*: vtrxloia, 57*. North CaroS»; <J*or/rt», 84: Florida. 8to Alabama, 05;
Te*as, 88; Arkansas, Mb T«e»v>iee, 80: MUsoori, 94:
O i ahoma, 81; Mlwlwlpti!, 61, atil Indian Territory, 93.
The June and J u ly averages, com p a red w ith the Jun e and
J u ly figures o f previous years, are as fo llo w s :
i
4 if
Tlf glaSm
Ho* O mpoUsmi
Bo. Csrotiuft
Bmrmm____
Florida
JkX&h9m&,
MimimlppU.
f
:
I
i
1
Terns,.. . . . . i
Atk mmm .. I
..:
M keoarl. , j W;
Oklahoma ..!
Iad t o Ter.. ;
I
Aversigf:
( i
! 3
!
3
3
91 87
m too
97 98
®5 94
90
103 98
! 104 10t<
94 100
92 30
i 102 100
; US 107
0* 90
92
93
*■
1895.
1891.
1893.
i ; »
i
s e e
-*
3k
a
67* (00
61 74
72 94
92 99
5*2 93
95 33
88 SB
85, 77
7»| 76
89! 93,
87 92
89. . . .
70 . . . .
37 95
fit 83
08 88
7h s :
93 08
H7 82
80 #6
94 07
99 S2
97 so
73 92
81
96
07
81
83;
76,
92'
89
91
95
94
97!
78
86
100
S'
£
*3
1092.
a*
a
s
H
93
HI
83
#6
96
80
80
84
84
80
85
79
m
01
87
89
91
91
82
SI
75
90
5
97*2 92*5;0i-oS02*3,f8*3'39-6 85*6 82*7 <5*9
a*
a
85
91
91
88
86
90
85
84
87
77
87
GO
«b
: 1896.
Statu.
T he average g iven a b ove to r all the States is the avera ge as
given by the D epartm ent.
B x c t l anubm. — The fo llo w in g e x ch a n g e s h av e been m ade
du rin g th e w eek :
*36 pd. to exeh. 2,000 O et for Ante. *38 pd, to exch. 100 Die. for Aug.
■39 pd. to exch, 1.SCO Mot. tor Ane. 01 pd. to At oh. 100 Dec. for Dot.
*34 pd. toexeh. 2,00® Dec. for An*?, *1B pd. to exoli. 400 Nor. for Sent.
•IPPd. to ext;ft, l.iOugept.for Ane. *lf» pd. to exoh. BOO net. tor Mob.
*t7 pd, to oxr-11 soft Or!, for Sept. •35 pd, to oxtsb, too Dec for A uk,
*0f pd. toexefi. 900 Dee, for J ob. •02 pd, to «xcb. 100 Oct. for Jan.
*1S pd. to cxeli. 1,800 Nov.for Mch.
117
G o vern m en t W e e k l y C otton R e p o r t . — Mr. W , L , Moore,
Chief of the Weather Bureau of the Agricultural Department,
made public on Tuesday the following telegraphic reports on
the crop in the Southern States for the w eek ending July 12 :
Virginia . - T oo dry in tidewater counties, but in middle and west
era ajraot-.es oeotuonal showers and warm weather have been very
beneficial to all crops, which have improved.
*v
North Carolina .—Very favorable, warm week, with beneficial local
m iss anu abundant suiishlne, but drought continues over portions of
seventeen Counties; cotton fruiting wail, promises Hus 0r0p”
SOI TII Carolina ,—Normal temperature, with -requeue but uuevenlY
distributed showers, leavm r small areas needinr rain; marked im
provement la o rn; cotton grew rapidly and fruited heavily fields
somewhat grassy, but no harm done as yet, condition very promising I
G kosgia —showers general, except in a few southwestern counties1
and more seasonable temperature; crops improving; eottou making
go* d growth and frnuiag well.
*
Florida.—Week favorable over large section of we tern and north
ern distn- M ami gvn. ro <y so through counties of central and south
ern districts; cotton improved,
ALABAMA.—Very favorable week; temperature about normal, and
rains general, covering sections when- most needed; cotton improved
decidedly, is well fruited and growing rapidly.
F
M m ts s tm —Generous showers latter part of week benefited all
erops over the greater portion of State; cotton is fruiting well and with
U*<- frost average crop Is promised to many sections,
UnusiAN**.—week generally favorable for crop growth, the hot snna lne ami showers favoring cane greatly; portions of Southwest and
North Louisiana need more rain for rice, cotton, and late corn; cotton
fruiting well.
T exas — Local showers hut not sufficient for crops; cotton standing
drought fairly well, continues grow n . aud fruiting generally, except
In scattered localities the plant Is shedding leaves and forms, luxe the
crop needs rain generally; picking has commenced in southwest por
tion.
ARKANSAS.-Very hot sunshine and insufficient moisture have been
Injurious to ah erops; corn has miff-rod greatly, on ion slightly, but is
nearing a criitoa! -luge when rain is absolutely neoessary; cotton
olWMuitig at to>* top ami some complaint of shedding; a general soak
ing ruin oeedo.1 for everything.
~
rxHNEsaBK.—Kxocpt in writers section and portions of middle sectloo. where drought conttane* tartan*. good showers have greatly improveil conditions, but high b-mperainre damaged vouug crops, ex
cept cotton, which, though small. Is healthy.
MiMiu isi— In central and northern »eeq«u8 uffietent moisture for
presold needs and high tempoattire oiuse l all crops to make rapid
growth, bm tu southern counties corn, cotton, gardens, p ,tru e s aud
pastures »re suffering tor rain.
Oki.anon v— Droughty conditions prevail, broken only by light local
shower* over small area* Saturday nigh!; ootton doing finely; other
crops at a AtaadsttU.
These reports are .sum marized a« follow * :
Over th- ceatrai am! eastern portions of tin* ootton belt them has
hern a general Improvement hi tic* condition of cotton. In Missouri.
Arkansas and Texas, however. !h« crop is suffering from drought. In
1*?,**. * « “ •■*#**•»#* h 19 begun, it 1# witfatomHae the dr.uglit fairly
wall, but in Arkaoiiis It Is reselling a critical stage, and unless rata
toil* soon the crop In that St,,!.- will be short.
St a t e W e e k l y C otto n R epo rts . — W e g iv e below s u m m a
ries o f the reports for the w eek en d in g J u ly 12 issued b y th e
various State* under the auspices o f the W ea th er B u reau o f
the United State** D epartm ent o f A g ricu ltu re so far as th e y
apply to cotton ,
of th© mrrmmviMnU o f the Virginia Oil mat©
aryl « r-4* ^ r v im for lim p A*t week In lleato ftcavoltr of rata over the
tidewater zmmU'*. mid mmmv'mn- poor crop growth, and oeoasional
■wit to m w s #.fc«wer« In the middle and v&U*/ counties, causing an
im
ia crop conditions,
Nauru ijARousA,—The weather during the week has generally
laronihle for the growth of crops Over portions of 17 out
f*
m eoithtSes of the State drought hat ecmtimied. seriously Injur
ing crept, hut over the remainder of the State local rains wore froqumit, with plenty of
and warm, hat not excessively hot,
wcai her, « otlon has tenproved remarkabiy ; some tieida are whit© with,
bloom* ; it H boiling wetL
8us.'th' fTsaoi*ii»a .—Cotton oontinnes to improve in moat sections. It
miide rapid growth and fruited ho ivfly during the week, Half-grown
hoilft ».rc aomerott# m the eastern coaatie«. E1«UU arc beginning to
show ap grassy la p aces and some will be laid by In &ml condition*
ou t on ha* atf** «dy b on laid by. The conditi *rs of the plant ia
verj promts tog over the entire State, and ia portions of Orang burg
«4 hoe as ever seen. Bm Island cotton U growing vigorously, fruiting
heavily, and no adverse conditions whatever not »d.
A la h
he week was a most favorable on© over the greater
portion o f Alabama. The heat was not so excessive as during the pro*
Cd ung wririk, and showers were q »l © general over the entire state,
being fe lt in 8«m« loca l ties where the drouth had been so prolonged,
altuongb.there arc still a few bc Uterod portions o f the central and
western
where the drouth remains unbroken, Ootton conclean and headhy and is fruiting well,
O kokoia.—While fhe prevalent weather conditions over the State
nut:!Jig the past weak have, been favorable to growing crops, there arc
qnffe a number or sections where no rain has fallen and crops are suf*
feritig from riroughb Cotton has improved where rain has fallen and
Is now doing well. In a few sections there are com plaints of llo© on
the cotton and some la aheddfng, but m a rule, though the plant is*.
smaiu It Is doing nicely and fruiting, With good seasonable rains the
crop» will comimte to Improve and cotton will soon catch up.
r r.owoA,--Week favorable over large section of western ana northern
districts, and generally*© through counties of central and southern
districts. Cotton late.
Mississippi' For the week the temperature was above the normal,
Shu the rainfall wm about the average in the central portion of the
mate. Hen metis showers the latter part of the week benefited all
eropa over tlh- fireater portion of the State, bat too late In some sec
tions to Improve corn and gardens. Cotton is fruiting well, and an
average crop will oe made in man) sections with a late frost.
LAUthiANA.—Crop© show a general improvement where visited by
shower# .and sti ee this are* embraces tb© greater portion of the State,
nw week tusy be considered to have been more favorable than other
wise to ©rap growth. Cotton oontttiuvs sonaewhat backward, but ia
•Jroiting well. There is only one complaint of sheddlug and square
flies, Th crop on lands that wore overflowed ta doing well, aed prom
ises to make a good crop.
T exas. - T he light #catb-red shower# were beneficial where tbev oc
curred tmt a general rain ia needed throughout the agricultural por
tions of the Sutf'. Cotton has not been materially injured by the dry
weather yet, but it is a consensus of opinion among the correspond
ents that rain would b© of great benefit to the crop. The plant con^jbues growing and fruiting nicely, but early cotron has commenced
sheading Ymrm, bolls and squares in many sections, and the crop
will soon suffer if dry weather continues. Late cotton is doing fairly
well considering the dry weather, but is beginning to-need rain badly
In some localities, some Cotton picked during the week over Bourn
THE CHRONICLE,
118
■west Texas, and many report bolls opening nicely over the southern
portion of the 8tite, while the plant is blooming well over Jjortti Tex*,.
A ceueral rain is needed for the crop,
ABK»NSA8.—Th rainfall was In the fonu of liitlit local showers very
unevenly distributed, some localities receiving an exoessof rain, while
in others no rain fell. This deficient rainfall with bright sunshiny
days and very high temperature have been detrimental to all crops.
Co ton b»s held It s own Talrly well, bm Is now beiUoning to show toe
eflVota « f Insufficientmoisture and abundant high temperature. The
plant is blooming at the top and tbe>e Is some complaint of shedding.
T ennksskB.—Good looal showers fell throughont the greater portion
of the eastern and middle sections, and where they felt, greatly im
proved the condition of the young and growl g crops. In the western
section light scattered showers are reported—not stifli lent to arrest
the rapid decline In conditions, and in that section the prospects are
anything but Muttering for growing orops. Cotton alone has. thus far,
held Its own under adverse "conditions, but even this orop is beginning
to show the effects of the severe drouth lu some plao«s by shsddiug
forms. The crop has been well cultivated, and a good rain is only
needed to restore tile crop to a healthy oondltion fgrow th Whore
rains have fallen elsewherein the State a murked improvement In all
growing crops is noted.
MissonRt.—The past week, up to Saturday evening, was extremelv
waim In all sections, and over a considerable portion of the State
there was an almost total absence of rainfall. Cotton is doing Well
hut needs rain.
Oklahoma and Indian T erritory .—The weather continued gener
al y hot and dry until Saturday, when the wind changed to thsnerth,
bringing milch oooler weather and looal showers. With the exception
of the Western sections, where comparatively heavy rains occurred
during the (Irat of the week, droittliy conditions generally prevailed.
Colton is making a fine growth, showing improvement daily.
rvcwu. l x v .
Oct. 1 to July 1.
Rales of 500 lbs. eaeh,
000s omitted.
1896-97.
Great Conti
Britain nent.
1895-96.
Total.
Great
Britain
Conti
nen 1
Toll
Ipinners’ etook Got. 1
24,
'akinics to July ] ...... 2,814
277.
3,542
301.
6,156
67
2,611
535
3,196
602
5,807,
tnpply........................ 2.638.
’onRuiiipt’DjSS weeks 2,475
3,819
3,198,
6,157
5,673
2,678
2,496
3,731
3,112
6.409.
5.606,
621,
734
182
619,
801,
tpinners' stock July I
163,
Weekly Consumption,
00* omitted
In O ctober............. 64,0
146,0
82,o
6 4,0
143,0
79,0
In November..........
64,0
82 0
146, » 64,0
79,0
143 0
Cn December_____
64,0
82,0
146,0
64,0
79,d)
143,0
In January___„ ___ 64,0
146,0
82,0
64,0
79,0
143,0
In February...........
64.0
146,0
80,
82 0
64,0
141,0
In March ...............
64,0
82,0
146,0
64,0
80,1
144,0
In April...................
80,0
64,0
146,0
144.0
82,0
61,0
In May..................... 64,0
81,0
82,0
146,0
6 4,0
115,0
In .Tune................... *64,0
61.0
82,0
146.0
8 l.'i
14r*,0
* Aver go weekly consumption is as given oy 4r. Ellison; deduction
from month’s total being made on account of holidays.
S h ip p in g N e w s .— T he e x p o rts o f c o t t o n fr o m th e U n ited
D omestic bls p o r t s o f C otton M a n u f a c t u r e s .— W e give States th e past w eek , as per latest m a il retu rn s, have reach* d
below a statement showing the exports of domestic cotton 13.381 bales. So fa r as th e S ou th ern ports are con ce rn e d these
manufactures for May and for the eleven months ended are th e sam e ex p o rts rep orted b y teleg ra p h and pu blished in
May 31, 1S97, and for purposes of comparison like figures for th e C h r o n ic l e la st F rid a y. W it h rega rd t o N ew Y o rk w e
the corresponding periods of the previous year are al-ti in clu d e tn e m a n ifests o f a ll vessels cle a re d up to Thursday.
Total bales.
presented:
New Y ork —To Liverpool, per steamer Georgio, 332 up’ and
and 50 S^a Isla n d ............
........ .........................................
382
<*i*f * t itie s o f M anu factures o f Cot Month ending M ay 3 1. 1177103. ending May* 1.
To Hull, per s 'earner Ohio, 943 ........ - .....................................
943
ton (colored and uncolored)
To
Manchester,
per
steamer
Moz+rt,
59
upland
and
177
Sea
1890.
1896-97.
1897.
1895-96
exported to —
Isla n d.................. ........................................ .......................
236
To Havre, per steamer La Bretigne, 237 upland an i 1 Sea
550,379 10.258,213
6,885 671
61*2.442
U n ited K in g d o m .......................yard*
43,200
70.311
1,571,545
Island ................... ....................... ................... ...................
288
1,953,937
G erm any .....................................
423.636
154 958
025.3*6
F ra n ce...........................................
To Bremen, per steamers Frlederick der Grosse, 1,169....
45,285
651,864
77,8 <4
O ther cou n tries in E u rop e—
1,187,289
8aale,
l
................
.......
.......
.
.
.
..........
.............................
1,170
British N orth A m e r ic a ...........
1,631,116 2,065,527 28,flr.5,»;44 17.143 d50
To H unburg, per steamer Prussia, 43 ....................................
48
909,060
5,171,777
705,005
6,716,961
M e x ico ..........................................
To Autwerp, per steamer Southwark:, 2 0 0 .............................
200
C entral A m erican States and
To Genoa, per steamers Fulda, 337 ...Oregon, 1,537.......... 1,874
092,878 10,045 577 10,794,445
614,395
British H on d u ra s ..................
0.500
27,310
279,113
C u ba.............................................
217,324
To Japan, per steamer Lady Furness, 700..........
............
700
51,540
107.298
3,616
446,772 New OBLQANb—T o Liverpool, persream«is Co*ta Rioan, 2,170
P u erto R ic o ............ ......... ........
145,062
1.722,313
69.692
1,952,514
Ban to D om in g o ..........................
Navigator, 763 ... Canapioau, 1,489 .............................. 4,422
869,200 12.605.806 12,176,524
809,141
O ther W est in d ie s ...................
To Bremen, per steamer Africa. 1,633 .................................... 1,633
132,926
33,722
3,1»3.*11
2,824.586
A rgen tin e R e p u b lic..................
To Hamburg', per wteamer B )livia. 383....................................
388
890,5+1
7,646.372 11,530,873
022,286
Brazil ...........................................
689,9 2 6,123,060 6,668.135
Baltimore— To Liverpool, per steamer Vedamore, 3 ..................
3
545.338
United States o f C o lo m b ia ...
2,362,096 24.836,607 25 621.196
1,^10,555
O ther cou n tries in S. A m e r ic a
To Bremen, per steamer Aachen, 335.......................................
835
8.727.M6 1 2 ;,7 4 2,199 57,415,319 Philadelphia —To Liverpool, per steamer Pennlaud, 259 .......
28,298.050
■China................................. .......
259
53,811
584.633
Brit. P osses’ n sin A u stralasia
732,655
31,240
816,433
British E ast In d ies..................
3,513,143
2,171,436
Total ........ .................. ............................... ........... ..................... 13,381
O ther co u n tr ie s m A sia and
011,225 29,572.199
899,550
O oean ica...................................
4,904,637
L'he p a rticu la rs o f th ese sh ip m en ts, a rra n g ed in ou r u su a l
1,788,98 » 14,242,077 13.545,493
3,101,604
A fr lo a ........................................
14.760
796,563
68,701
C th e r co u n tr ie s ..........................
7,83 .',*95 form , are as fo llo w s .
Hull dc
Bremen
41,117.4’ 5 21.7 0'.331 289,415,3 vr 191,912,018
Total yards of above..
Liver- Man<£ Mam- Ant$2,053,32u $1,222,309 $16, 98 39a $11,175,048
Total values of above.,
p'>ol. cheater. Havre, bmg. wtrp Genoa. Japan. Tota .
$•0499
Value per yard.............. ,
$'0561
38 2 1,179
288 1,218 200 1,874
700 5,841
$ 0556
'582 New York.
N. Orleans. 4,42 2 ...................... 2,021
6,443
Values o f other M anufactures oj
Baltimore..
3
.........
835
838
Cotton exported to—
259 ........ ..................... ........
....................
259
$43,603
U nited K in g d o m .................: ..
$29,004
$443,210 $313,711 Phtladel’a..
G e rm a n y ......................................
F r a n ce .........................................
O ther cou n tries in E u r o p e ...
British N orth A m e r ic a .........
M e x ic o ......................................... ...........
Central A m erican States & British
H on d u ras...........................................
O u b a .........................................................
P u erto R ic o ...........................................
dan to D om in g o....................................
O ther W est Ladies................ ...
A rgen tin e R ep u b lic...........................
Brazil.................... ..............................
U nited 8tates o f C olom b ia ..............
O ther cou n tries in So. A m erica ___
C h in a ........................................................
British A ustralasia.............................
British E ast I n d i e s .........................
O ther cou n tries In Asia and
O oeanica......................................... .
A f l ic a ......... .........................................
O ther c o u n t r ie s ..................................
I Otal v a lu e o f o th e r m an u fao
tu res o f ...........................................
A g greg ate value o f all ootton goods
27 485
2,21 J
4.25 i
133.009
24,52o
7,154
726
10,621
135,0 '9
24,581
202 948
9,760
46,200
1,2 <8,745
323,260
17,234
54
1,960
4.421
1,107
4,847
4,576
2,647
1.59+
13 9-1
113
11,505
3,053
34
2.4 8
7,913
4,727
0,102
3.742
6.223
30.305
5,598
721
215,536
40,657
4,484
29,964
76,157
57,405
64,69+
35,413
12.72830
27,833
1.053
2,123
.341,197
$320,290
$338,510
$2,391,830 $1,542,079
$3,444,143
2,118
47,135
48,098
11.21=
168,326
3,615
83.17 9
10,376
155.783
16 488
51,646
1,635,0 U
295,093
T ota l....
5.08S 1 179
238 4,074 200 1,874
700 13.381
Below w e a i d the clea ra n ces this w eek o f vessels c a r r y in g
cotton fr o m U n ited S tates ports, b rin g in g ou r d a ta d ow n to
169.099 the latest dates:
34.6 <4 Galveston—To Ham burg-July 15-Steamer Polaria. 1.360.
5.376 New O rleans i*o Liverpool—Jul7 14-Sceainer Legislator, 2,100__
8,363
July 15—Steam e'Travell <r. 1, «Od.
82,107
To BarOril m a - July 15—Steamer J Jover Serr.a, 1,301.
36,096
65,255 Norfolk —L
’o Hamburg—July 15—Steamer Glenvecli, 101.
29 430 B oston—To Ldverco d —July 6 —Steamer Armenian, 453 upland and
51.943
78
Sea
rsland....July 12 -Steamer Oauibrom.au. 7.
165,5 2
107,913 B iLTiaiOBE— To Live po >l— luly 14 —sceaine Ikoal, 12.
To
Bremen—
July 15 -Steamer Dresden, 1,80b.
4,381
P hiladelphia To Liverpool—July 9 —Steamer Bsigenland, 124.
250,013
C otton fre ig h ts at N ew Y ork th e past w eek have beey
43 933
14,093 as fo llo w s .
$3,568 501
$14,741,609
Satur.
Mon.
Tues.
Wednes
Thun.
fr
Liverpool, asked. d.
12t
121
12t
121
12t
12t
211
21t
211
211
211
2 lt
E u r o p e a n C otton C onsum ption to J u l y 1.— W e have Havre................
21t
211
211
21*
211
21t
teceived to-day (Friday) by cable Mr. Ellison’s figures brought Bremen.............
241
24t
241
241
24t
Hamburg..........
241
down to July 1. We have also received the revised totals Amsterdam.......
251
251
251
25251
25t
for last year and give them for comparis >a. The spinners’ Beval, v. Harnb .d.
381
38 i
38T
381
381
381
takings in actual bales and pounds have been as follo ws:
33t
Do v. Hull.. ,d.
33t
33t
33t
331
33i
....
Barcelona......... .d.
....
October 1 to July 1.
221
221
22t
221
221
Great Britain Continent.
221
G enoa............... .d.
Total.
28® 30t 28& 30f 28®30t 28®30t 28 3*301 28®30t
Trieste...............
F o r 1 8 9 8 -9 7 .
Antwerp........... .d.
%
%
*8
*8
Takings by spinners... bales
2,614,000
3,697, >oo
6,311,0 '• Ghent, v.Antw’p.d.
5*r,
589
582
5S3
532
532
Average weight of bales.lbs
500
479
•87-7
* Cents net per 100 lbs.
Takings In pounds.............. 1,307.000,0 >0
3,077,863.001
LiYERPOOL.^-By c a b le fr o m L iv e r p o o l w e h av e th e f o llo w
F o r 1 8 9 5 -9 6 .
in g sta tem en t o f th e w e e k ’s sales, s to c k s , & c ., a t th a t port.
Takings by spinners...bales
2,621,000
3.364,00"
5,959 0
Average weight of bales.lbs.
i June 25. July 2.
July 9. J uly 16.
498
475
485 2
Takings In pounds................ 1,305,447,000 1,597,900,000 2,903.347,0 -0
49.000
Sales of tlie week..........bales.
66,000
62,000
55,000
6,000
Of which exporters to o k ...
8,300
2,200
4,4 00
. A-Ccordinr to the above, the average weight of the delivers s
400
Of which speculators took.
800
1,000
900
44.000
58,000
54,000
48,000
mOre+t Britain is 500 pounds per hale this -^easo i, against Sales Am erican.......................
6,000
export..........................
17,000
15,000
12,000
498 pounds during tin same time last season Tuo J j mu* • ti Actual
51.000
Forwarded...............................
57,000
5s,000
58,000
deliveries averu<e 47 ) pom l», against 17 > p +in L t.-n ysir, Total stock—Estimated.......... 1,000,000“ 941,000 886.000 83 ',000
Of which American—Estin’d 851,000 810.000 757,000 705.000
aud for the whole of Eurooe the deliveries average 487*7
22.000
18,000
15,000
16,000
pounis per bale against 485*3 pounds last seasou. Our Total import of the w eek .__
13.000
11,000
Of which American.............
7,000
6,000
dispatch also gives tne full movement for this year an l la+t Amount
37.000
32,000
18,000
afloat.........................
24,000
year in bales of 500 pounds.
25.000
20,000
Of which American.............
15,000
12,000
Jcly 17, 1887.]
THE CHRONICLE.
T he to n e o f th e L iv e rp o o l m a rk e t f o r spots a n d fu t u r e s
ea ch d a y o f th e w eek e n d in g J u ly IB a n d th e d a ily c lo s in g
Tini'flC A# arvr’tt- AAff An Un tm T i.,£ ? .- .T T
.
:
Spot
Sat'dai/. i Mmtlay. Tuesday. Wed'day. Thund-y Friday.
Market, ( ;in tnyera': Moderate Moderate
Harden's
.
1:40 P. M. v faror.
demand. demand. Haxdea'^. teadenej. ^ a d y .
Mid. Upi’tls.
Sales...........
Spec. & exp.
7,000
8.000
SCO | soo
s.ooo
1,000
Futures.
(j
V. M.S
cilne.
Market, \ Qni«t but
4. r. x . \: Ateady.
iQ^
«
deeiine.
_
Msy-
Stead?
Quiet.
10,000
1,000
d93*
8,000
500
Steady at Steady a!
S-'H ad
vance.
e m
Quiet.
d3D
8,000
1,000
steaur-
Quiet.
*•*«* j u w a ui iu im i-5 <u. ijiv e rp o o i ror ea cu n a y are g iven
b elow . P r ice s are on th e basis o f U plan ds, L o w M id d lin g
cla u se, u n less oth e rw ise sta ted.
_ y3P,
price* are giwen in pence anil 64ths. Thus: 3 63 menu
3 03-6-M,, anti 4 01 means 1 l-64tf.
Nat.
M ot*.
: W ed. f<
3!rt*ctr$»
F r i.
July 10 to
July 18.
12% 1 1:45 4 1:45 4 1:45 4 ,1:45 4 l:%3! 4
P.M. P. M. F. M. P. M, V. M. T.M. I'.M. I .M. P.W. P.M. P. M. P. M.
July.............
Jnly-Aug....
Aag.-Scpt...
WHErOcl. ..
Oot.-N'ov___
Nov.-Dee___
Dee.-Jan__
Jam-Feb___
Feb.-Mch....
Meh.-April..
April-Slay...
May-June...
<1. d. d. d. d. d. d. d.
d. d. d. d.
4 09 4 10 4 08% 08 4 09 4 09 4 12% 12 4 13 4 13 4 13 * 13
4 07 4 09 4 08% 07 4 0% 4 08 4 11% 11 i 12 4 12 4 12 4 12
4 04% 05% 04 4 03 4 04% 04% 07 4 07% 09 4 00 4 09 4 0®
3 #2 3 63 3 81 3 61 3 01 3 01 1 01 4 01% 03 4 02 4 02 4 03
3 58 3 59 3 58-3 55.3 68.3 56'3 59:3 60 3 81 3 61 3 8 1 3 8 2
3 85S3 56-3 94:3 53 3 54-3 53'3 5713 67,3 59 3 59 3 59 3 39
3 54 3 53 3 52 3 51 3 52 3 52 3 55 3 56 3 57 3 58 3 57 3 57
3 54.3 55:3 52>3 51 3 52 '3 52i3 55 3 56 3 57 3 57 3 57 3 57
3 58;3 55 3 53 3 52 3 53 3 52 i3 50 3 57 3 38 3 5 8 3 5 9 3 5 8
3 55 3 5«;3 54 3 52 3 53 3 53:3 56 3 57 3 59 3 50 3 39 3 59
3 37 3 57 3 54 3 53.3 54 3 54!3 57 3 59 3 60 3 80‘ 3 BO 3 60
BREADSTUFFS.
F r i d a y , Ju ly 18, 1887,
b,u t,at, the close exp orters w ere g o o d buyers. The sales in
clu ded No. 3 m ix e d at 3 lc . in elevator and 82(3 3 3 ^ 0 . f o h
afloat; also N o. 3 y e llo w a t 8 4 ^ o . f, o, b. afloat.
’ *
DAILY CLOSING PRICES OF NO, 2 MIXED CORN,
r , , ,,
Mon, Tues. Wed. Thurs. Fri
July delivery.................. c. 29% 30%
30%
30%
30
30
August delivery.............e.
30% 30%
31
30%
30%
31
September delivery....c. 31% 31%
31%
31%
31%
31%
Oats fo r fu tu re d eliv ery h ave con tin u ed duU, and despite
the advan ce m other grain s the tone o f the m a rk et has ru led
easy and for the weak prices sh ow a sligh t decline, due to the
favorable cro p prospects, w h ich have p rom pted free offerin g*
from the W est, To-day the m arket was quiet but steady!
In the spot m arket a m od erate v olu m e o f business has been
transacted, the m a rk et closin g stead y w ith sales o f N o. 2 m ix e d
at 23c, in elevator and N o . 2 w hite a t 25c. in elevator.
BAIMT Closure PRICKS OF NO. 2 MIXED OATS.
, , . „
Sat.
Son, Tues.
Wed. Thar*. Fri
July delivery
........ c. 22%
22%
22%
22%
22
September delivery......o, 22
22
22%
22
21%
22
R ye and barley h av e been in fa irly g o o d dem and and at
stron ger prices.
The fo llo w in g are closin g quotation s;
F.V.1PR.
.......$2 25 32 85
Patent, Winter..... $ 4 2 5 3 4 50
....... 2 40 3 3 00
City mills, extras . 4 60 a% ?o
....... a 75 ■S3 35
P.yeflour,superfine 1 95 3 2 35
....... 3 15 S 3 65
Buckwheat flour............. a
# 3 90
Corn meal—
* 4 15
Western, etc....... 1 50 ® 180
7JSC*' S*“ “ » r — 3
. 95 „ “ 130
Brandywine.......
i1 85
[ft heat flour In sacks sells at prices below those for barrels.]
CRAIN
vheat—
c,
c,
Spruiii, per b u sh ......77 »84%
Red Winter, No 2 ___70 S78%
Red Winter.................. 74 »S 2
Northern, So l .........8%%384%
'ats—Mixed, per bush.. 2 1 » 2 4
WTilte.
................ 2 t% » 3 » J ,
ho. 2 mixed..................22 »2 3
SO. 2 -White---------------25 ®20
Corn, per bush—
e.
u.
Western mixed...........30 ®33
No. 2 mixed............... 31 332%
Western Yellow......... 31%®34%
Western White....’ ” ” 31 ®33
Ryg—
Western, per b a s h ....38 342
State and Jersey ......3 9 *4 2
Barley—W estern........ ,42 ®45
Feeding.................... 29
®33
E x p o r t s o f B r b a d s t o f f s , P r o v is i o n s . C o t t o n a n
Pe t r o l e u m . —T he ex p o rts o f these a rticle s d u r in g the m o n th
o f Jun e, and the tw elv e m on th s, f o r th e pa st th ree yea rs
have been as fo llo w s ;
O nly a lim ife i vo lu m e o f business has been transacted in
a-sporu
th e m arket fo r w heat flour, buyers lim itin g their p u r c h a s e
M m a. 8.
to sm all orders to su p ply cu rren t want®, and the exp ort
QttanUtls*,
dem and has been alow . T h e tone o f the m arket, how ever,
>OMh,
has held A n n in sym path y w ith the a dva n ce in w heat and at WtnuT...bhlM,
th e close m ills w ere h old in g fo r higher prices. C ity m ills
Wheel... .ha.
h ave bad a lim ited sale at fu ll values. R ye flour ha* been Oorn...ha»h.
quiet and offerin gs have been targe. T h ere ha* been an easy
Tet.ha»h..
ton e to the m arket. C orn m eal has had a slow sale and prices
trainee.
have w eakened a b ou t 5e. per barrel, closin g quiet.
Wh-t* Ooar.
Oorn*
aul
Th ere has been a fair am ou nt o f a ctivity to the speculative
»7« ............
dealings in the m arket for w heat f u m e s and prices have 0»t» 4 meet.
eoored a con siderable adva n ce, ow in g to u nfa vora b le cron tester...... .
accou nt* from abroad
At th e advan ce in prices, h ow ev er,
8r-a«a9.....
the e x p o rt business has been less a ctive, as the rise in oosts ProrUlotu «.
h, as PV' Pr,cf * a b ove shippers’ lim its, Saturday there was s Ootton....... .
sligh tly easier turn to the m arket and price* s h o w e ) frac
P.troI*m,As,
tional tosses under realizing sales by lon gs. M onday the
Tot. ▼ala#.
m arket opened easier, r e fla t in g w eaker foreign advices, but
later in the da y recovered and closed at a sligh t ad!“ 5£t
‘ here was a fairly a ctive and higher
m arket,
fo r e ig n advice* were stron ger and w ere a c
com panied by bu yin g orders; this siim ulated b u y in g fcv
« * d d w p d e the fa c t that there were
fa irly free offerin gs from the N orthw est, prom pted b y the
f i
S ” * * fh o w e d a net advan ce for the
K W ,,dnM ‘ U r ,h ere w« ® fu rth er a d v a n cduring early Change m response to foreig n advices. Subeetpteptl^r, h o w e v e r, realizing sale*, prom pted by the favorable
m i p advices from the W est, caused a reaction, and at the
close prices show ed a sligh t decline fo r the day. Thursday
there was a firm and h igher m arket. C rop new* frora
ern E urope was u n fa vora b le ; foreig n a dvices w ere stron ger
a n d h n h ig b t buying orders, and local operators bought, ?ha
& Z F at * ?
of
l o t th e day. The
l y was
a ctiv e au i prices fu rth er advanced
S3 j @ 1?4 0 -oa general b u yin g, stim ulated b y stron ger foreign
^ n C^ ' ,Th‘‘ "P °t uiRtket has a d v a n c-d w ith futures, but only
* ''f® 1i^ d ^ h lu m e o f business has been transacted at the adI™ n / . i . i f cltC , " a8 8! ® w a The sales included N o. 1 N orth
men* UU{h & " :,'34C‘ ’ c n f ' B uffalo, Sep tem ber-O ctober ship
119
tfS«S-#7.
Sum-
JWMvntlw
isoi -os.
Jum,
1* Month,
June.
It Month,.
UU.TiS | w o n
a49,m 1 lM0t,9S5
e.tm .m 60,300,350 4.533.045 7S.S31.8S8
Looe.osi U. 468.210 1.072,325 D.0»2,fM7
Dt.lge.x5e 10.tWg.W8 126,371,470 0,350.407 US.078.SS09,9m.4M 17S.4MAM 0,578,058
S,t74.621 35,007,758
17jH8,m m .s u A t' 17.404,501 ■tzs.vn.tl.'. 10.031.025 109.681.S03
I
>
t
%
t
I
4,761.077 us.us.eet 7,82a.785 01,062,151 7,058.®0 08,300,158
a.m.715 ts.ees.icu 2,466,<m 37,871.430 1.783,Ttrr iMto.ias
*.WC!.MS
166,008
*45,061
I.orajaa 9,8*1.741 i.*S8.esi 1
77,610
754.909
fioi jm f,s*o»«»a
3,068.048
m jm
30.063
788,887
ixm jsm tS#,:SS9Jt» i i m , m m M 9 sis 8,059,308 110,807,758
is.add.otB 16E.I7MU 14.3HO.180
l l j 34,867 160.162,585
»9.7t7,ias 6.311.001
6.674gI81 204,892,377
a.es5,7»s ei.7ai.etii
01,474,701 4,W,e5d *6.867,911
S3,lM.i» 044,40!, H i OAO0S.su 547.0h1.41S 80,607,362 520.690.03
*a'1 hovrta .timentSi «n* y»*r>.
NrtT*.—Allthesbitve flgtire. are based on the monthly prellminarv
^ t S t o t a J exportl”
o f Statistics, end cover snout 93 per cent
A u r ic c l t d k a l D e p a r t m e n t 's R e p o r t o s C e r e a l C r o p s
J uly 1.— The A gricu ltu ra l D epartm ent issued on the 10th
in*t. its report on the cereal crops for the m intb of June, as
fo llo w s :
th," « * » « * * » e* the Department of AgrlouJ
turs indicate ths fellawtn* average ccadltlsn s:
Corn .. . ------------ ------------ 82-g Winter rye............................... 95-0
ft'lntcr wheat................ . . . . <u-2 Sprlatt rye ............................. 90’0
sprints wheat........ .............yi 2
B-*riry ........................
88*5
Combined sjrg & w’Vrwheat. 84-9 Tobacco .. ............................. 78-5
Oats............ . . . . . . . ----- ------- 1,7-5
fri«h pota toes....................... 87-8
The report on ths acrea*« of ooro. which ri preliminary, show, a de
“ft®*'* 7 >,* l " r
*® compared with that of last year. This repraL
of - 7 - I t I.U0 *.000 acres. (Uln da. Missouri, Kansas,
c********
m iw ‘*
faw reA nt oorn-ypodiioinif Btales
nh>w an fttere«*M i»crm m , hut ibis is m>rm than offset by the shrinkIn ,,u ” *‘, u h ,7 K -»"iek y , Tonors-ce and other States.
L , ' * ” e“ 'rininp of corn Is only ®2 9. or 9-5 points lower than
are as^roflowj ' C>' r' T le acrta*b a» r-l condition percentages by States
* tec- CmAcre- CmAcre- Con
.i i
'l3f‘n9,s M gu
59 Alabama.....
Kansas-------K?2 % 0
70 Mississippi..Xbl
80 Nebraska.... l o t
82
OAttr c u m m rm tem o r s o , 2 assn w im b u w m u r.
Vermont...... 93
75 Louisiana ...108 101 H. Dakota.. . S3
72
M.reeao’sett* 92
8 0 T e x a s . ........... 1 1 5
101 N\ Dakota... 90
70
July delivery............... | &
W *' « %
7*& ri “ r'L rl
Rhode 1st..,. s «
85 Arkansas....101
96 Montana...... »0
60
Septemberdeltvevr......e. ~n\
t ji g
?2>f
yl*? - 2
SlJj Connecticut. 97
80 Tennessee... 97
90 Wyoming. .. 95
95
D e c e m b e r d e liv e r y -........7 2 k
73 a,
74^
7 5 -y,
~ jh
New York... 94
74 W. Virginia. 96
83 Colorado.... 99
96
New Jercey.. as
80 Kentucky.... 07
87 New Mexico. 101
99
,5,'8lf K3
lhe m a rket for Indian c o m PennB’lv'nf*. 95
74 O hio............ 94
78 Utah............. 98
04
in '
1 J b*wn m oderately active, Im m edia tely fo llo w - Delaware ... 98
75 Michigan.,,. 94
80 ft’aSUlngton. 85
90
Maryland.,..
99
■88 Indiana....... 98
S3 Oregon ....... 98
'* f ” J 88t reP ° f hf ™’*rk “ t declin ed under realizing sales
92
90
80 Illinois........ 102
82 California. ..102
by longs, prom p ted f y the m ore fav ora b le cro p accou nts. Virginia. ... ■*
95
N Carolina.. 98
88 Wisconsin... 97
80
Siibsequen tly ho w e w r , the m arket tu rn ed stron ger in sym - 8. Carolina.. 97
„,
88 Minnesota... 89
70
T otal....98-8 82-9
Ceoryia.......
98
«2 low s. ____ 92
75
K i!? y 1 u- Vhe a d T arce >n w heat. T -d a y the m arket was
90 Missouri..... 101
92
,
a i J " * her in tm POBsm to foreig n advices and a dem and Florida...... 98
^!Se't,r17u
°
f
•'nusrwhe.st.
8
1
%
1,2-7
po)nM bteher than last
i, rf . ^ orU to c<f t r con tra cte- In th ? *P >* m arket on ly a
U m m .i v olu m e o f bu-inesa w as tran sa cted d u rin g the w eek,
a t ii ,’\8
1a?e'!1
hl3t T,,ar*
That
oftsHpriag
wiieat.* 91
is 1 6 poiDtw higher
thsti‘,nlr
lastofmonth,
bat 2*1
poin
lower
M a in e .... . . . . «7
N ew H a in p .. *7
THE CHRONICLE.
120
than in July of lost year. The arornce condition of Bpriog and winter
^heat oombin ed? 841b I. 1-5 points higher than4ha,. of the' correepondlng period last year. The percentage of the wheat orop or 18»0 re
^ e ^ e m g e condition of whiter rye.
tu July of last year, but that of spring rye, 90*0. is 8 b points tower
than it was at that time.
.
„.
The condition of barley is improving, having advanoed 1 l points
daring the mouth and is now slightly better than at this time last year.
The tobacco acreage shows a falling off of over 2 a Psresnt as compared with last year, and the condition, 78*5, is less by 13 points than
^TherMs (Tdoorease in the acreage of Irish potatoes of ®''^.ajjioom
pared with that of last year. This shrinkage Is 8f°en^N ebraska
being the only State with any considerable M rt»*e devoted to*&l»
crop that shows an lnorease. In point of condition also the orop>at
this time compares unfavorably with that of last year, the figures
being 87-8 and 99-0 respectively.
__ . . . „ „
The wool report iodloates 5-8 pounds as the average weight per
fleeoe, as compared with 5*7 laBt year aod 5*6 in 1895.
;
The European agent of the Department reports that the weather
during Jnne was generally favorable to growing orops, except in Rus
sia and parts of Germany and Italy, hut, the wheat orop will be below
the average in Great Britain, France and Anstrfa-Hungary.
A consular report from Winnipeg, Manitoba, indicates good orops of
wheat, oats anil barley on au Increased aoreage in that province.
ACEEAOE AND CONDITION OF COHN ON JUDY 1.
I
I 1
75 7,6*9 04 8,240
Iow a ...........................
62 7,16? 98 7,026
Illinois. ....................
82 6,612 81 6,547
Ifls s o u r i...................
63 3,660, 111 3,813
In dian a...................
7(1 2.S3S 100 3,017
O h io ...........................
80 9,025] 102 8,848
K a n s a s ......................
N ebraska................... 82 8.043 103 7,963
80 1,010 102 1,051
W iscon s in .................
991 100 1,054
M ich ig a n ................... 60
70
08 j 9f> 1,129
M in n e s o t a ..............
1C1
T e x a s .........................
3 ,9 (1 ' SO 3.302,
90 3,032i 00 3.1261
T en n essee...............
K e n t u c k y .................
87 ’A 803 97 2,890
P en n sylva n ia..........
74 1,216} 98 1,312
21,610|
21,147|
O th . States & T e r ’ s.
si
|
1
8
*r
g
|
!
o
o
<3
d
105 8.604 100 5,422
92 6,822 99 5.872
109 6,613 101 5,273
95 3,702 90 3,353
91 2,840 93 2,737
t o t 8,420 96 3,732
05 7,807 96 2,309
767
90 1,041 98
938
994 93
90
1,029
1,152
100
97
118 4,067 94 3,649
98 3-325 80 3,108
96 3,01-1 90 2,952
67 1,299 82 1,273
20,148
.. 2 2 ,437
98
92
92
90
93
93
94
95
94
97
69
92
90
88
j Acreage.
1
d
c
•5
j Condition.
NO
c*
Acreage.
Condition.
St a t e s .
1893.
1894.
1895.
1880.
1897.
7,429
6,247
5,670
3,456
2,710
6,547
6,241
972
919
887
3,476
2,988
2,894
1,273
2 0 ,2 2 7
T o ta l
.......... 82‘9 IS0,054 92-4 8 1 ,0 2 7 99V 8 2 ,0 7 6 95*0 62,582 93*2 7 2 ,0 3 6
P e r cen t o f inc. or
-f 2*0
-1*2
|
-1-3
- -13*1
+31*1
dec. in a c r e a g e ....
t3 P Three ciphers (,000) omitted from aoreage figures.
CONDITION OF CROrS JULY 1.
1897. 1896. 1895. 1894. 1893. 1832. 1891.
99*3
950
93*2
924
92*8
81-1
Com .................
77*7
89*6
96*2
Winter wheat...,...81*2
75*6
65*8
83*9
74*1
93*3 102*2
63*4
90'9
94*1
Bpring wheat...
87*6
96*3
Oats...................
83*1
77*7
88*8
87*2
83*8
80*7 . 87*0
85'3
93*9
Rye....................
92*8
91*9
88*1
76*8
88*8
9*2*0
90*9
Barley............... ...88*5
Potatoes......... . ....87*8
99*0 .91*5
92*3
9(P0
94*8
95*3
92*5
Cotton................ . .. 8 6 * 0
82*3
89*6
82*7
86*9
88*6
81*0
T o b a cco ......... ...78*5
9*1-5
85*9
93*0
92*7
91*1
WT F o r oth er tables usu ally given h ere see pagei 9Sf
T H E
D R Y
G O O D S
IV O L . L X V .
titles, but no business for next spring of any moment re
corded yet. Flannels and blankets quiet and unaltered.
Do m estic C otton Q-oods — The exports of cotton goods
from this port for the week ending July 12 were 1,172
packages, valued at $61,053, their destination being to the
points specified in the tables below:
New Y ork
to
J uly 12.
Great Britain.. . . . . . . ______
Other European..................
Ohlna . . . . . . ________ . . . . ___
India................ .....................
Arabia................................ —
Africa.....................................
Vest In d ie s ...._________ ...
Mexico.................................
Oentrai Amerloa................
South A m erica..................
Otner Countries..................
Total..... .......................
Ohlna, via Vancouver*...
1896.
Week. Since Jan. 1.
140
109
338
483
8
2,883
2,110
72,482
3,897
15,049
12,242
7,752
1,808
4,319
27,751
2,493
66
17
975
250
1,695
668
314
29
106
1,618
6
1,373
1,871
63,478
3,509
12,511
11,112
6,690
1,644
4,812
26,455
2,112
1,172
3,050
152,756
12,300
5,744
3,020
135,567
18,570
165,056
Total................................ 4,222
* From New England mill points direot
8,764
154,137
75
9
10
The value o f the New York exports for the year to date has
been $5,951,764 in 1897 against $6,013,505 in 1896.
In heavy-weight brown sheetings and drills business has
been quite moderate, and as before mainly for quick deliv
ery. The tone is steady for spot goods and distinctly firm for
goods to be made.
Light-weights are firm throughout.
Bleached cottons are not selling any more freely, but the under
tone is steadier in face of pending curtailment of production.
Wide sheetings are inactive at previous prices. Cotton flan
nels and blankets dull and featureless. Denims have sold
fairly at firm prices. Ticks and checks and stripes in indiffer
ent request. Cheviots and plaids in quiet demand. Prices
without quotable change. Kid-finished cambrics inactive.
Prints, both staple lines and fancies, have ruled quiet and un
altered in prices. Staple ginghams sell moderately. Dress
styles dull. Print cloths have ruled firm on the basis of 2 ^ c.
for extras, contracts, with a light business doing.
1897.
1896
Stock o f Print Olothi—
July 10,
July 11.
At Providence, 64 squares. 478,000 325,000
At Fall River, 64 squares. | 986 000 ^ 1,008,000
655,000
At Fall River, odd sizes.
1895.
July 13.
182,000
55,000
99,000
1894.
July 14.
302,0< 0
542,0(0
228,000
Total stock (Dleoes).... 1,464,000 1,988,000
336,000 1,072,000
F o r e ig n G oods .— Reorders for fall goods have been m od
erate throughout; market generally steady. Business for
next spring still interfered with by the tariff situation, but
transactions in woolen and worsted fabrics occasionally re
ported at advances on last spring.
I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a l s o f D r y G o o d s .
The importations and warehouse withdrawals of dry gores
at this port for the week ending July 15, 1897, and siD < e
January 1, 1897, and for the corresponding periods of a t
year are as follow s:
is
S
s
h
S
3
fi
5**s®o^®
Eg
g s g s r -s s e
s i l » r i l i
e.M: o ' s
o7
« i p;
p s i: : w: S
2 a, ! Jf I -S
•0
|: ! a
o g; ®:
! 3
0\ ;
s®
®i i » i *
II pi
T R A D E .
h
N e w Y o r k , F r id a y , P. M., July 16, 1867.
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The market for both cotton and woolen goods has Bhown
rather more business passing this week than last, but in
neither division has there been any development of moment
in the merchandising situation. The question of curtailment
of production of the more staple lines of cotton goods has,
however, assumed a more tangible shape under the announce
ment by such an important concern as Goddard Bros, of
Providence, that their mills will be closed Dext week and may
be for a longer period. Other Eastern manufacturers are re
ported contemplating a similar movement, while there is in
the South a gradual enforced cut-down of output as mills run
out of cotton on hand. Even if buyers were willing to place
orders for forward deliveries to any extent at current prices,
there are few manufacturers willing to commit themselves
far ahead under prevailing eondilions, and the outlook is cer
tainly in favor of a firm market on staple lines. In the
woolen goods division the few lines of new spring-weights
now open show advances over last spring of from 5 to 10 per
cent, but the general business is held back by the still uncer
tain disposition of the woolen schedules of the tariff.
W oolen G o o d s .—Although the majority of new lines
of woolen and worsted trouserings and suitings are
ready to be shown for next spring, there have been
few opened aB yet in either plain or fancy goods,
an odd line or two of low-grade serges and of low-priced
fancy all wool cheviots and caesimeres practically cover
ing the display up to date. These are, of course, insufficient
to give character to the spring situation, but it is not with
out significance that they show advances in quotations of
from 5 to 10 per cent over last spring. Reorders for
heavy-weights have been on a fair scale in a firm market.
The demand for overcoatings has again been disappointing
and quiet for cloakings. Satinets are in somewhat better re
quest. Dress goods for fall are reordered in moderate quan-
1897.
Week. Since Jan. 1.
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THE CHKOmCLE.
July 17, 1897. [
State and City D£?mktm£nt.
TER M S
OF
S U B S C R IP T IO N ,
T he Ix t e b t u b s * S u p p le m e n t w ill b e fu rn ish ed w ith ou t
e v ir a ch ary? t o e v ery a n n u a l s u b s crib e r o f t h e COMMERCIAL
a s ® F in a n c ia l C h r o n ic l e .
T he S t a t e a n d C it y S u p p le m e n t w ill a lso be fu rn ish ed
w ith ou t ex tr a charge t o e v e ry s u b s crib e r o f th e C h r o n ic l e .
The S t r e e t R a i l w a y S u p p lem en t w ill lik ew ise: be fu r
nished w ithout ex.tea ch arge to ev ery su b s crib e r o f th e
C h r o n ic l e , ,
The Q u o t a t io n S u p p l e m e n t , issued* m o n th ly , w ill also be
fu rn ish e d w ith ou t ex tr a ch arge to e v e r y su b s crib e r o f th e
C h r o n ic l e .
TER M S fo r the C h r o n ic l e w ith th e fo u r S u p p lem en ts
a b o v e n am ed are T en D ollars w ith in th e U n ited S ta tes a n d
T w e lv e D ollars in E u rope, w h ic h in b o th ca ses in clu d e s
p o sta g e .
121
$13,000 o f 3!^ per can t 30-year registered South B u ffalo flood
bonds:
Pari: Bonds.
.. .. B.
R. G
avin , Buffalo .......................................................100*1
Jos.
Savin,
............................................................ 100-1887
StrflO*, Wykus & Co., -Vow York..... ............................ ..................
ESrie County Savinss Ilaafc, Bultak,.................................. lOO'lOOO
Flood -Bon*.
103-116
3-116
iotoso
101-870
B ta loans w ere aw arded to Jos. E. G avin .
T em porary L o a n .—The c ity o f B u ffa lo has aw arded to
Ihe S in king F u n d C om m issioners at par the $13,330 o f 3
p> r cen t on e-year bonds.
C a m b rid g e , M ass.— B on d S a le — The $100,000 o f 3M per
cen t ecbool-bou se bonds w ere aw arded J u ly 15, 1897. to
B lod get, M erritt & Co. o f Boston at 108186, The fo llo w
in g is a co m p le te list o f the bids receiv ed :
Bitwiset, Merritt & Co., Boston.,103*180
a dams & Co.. Boston
. ..........103 i : 1
Estabrook vt Co.. B oston ...... 10NM15
Bowery Saving* Bank. N. V ----- l«>2*U«5
Farson, Leach & Co.. -V. Y ...... .102-755
Jas. W . Eongsireet & Co., Bos. 102*435
Geo. A. Fern aid A Co., Boston., 102*420
Faridrson & Burr. B oston........ 102*351
Jose. Parker & Co.. Boston........ 102-339
Ju n scom b & Jemiison, K. Y . ., ,102-240
E. I>. Day a; Co., Boston........ .102*059
'
.. ........................ 102*102
N. W. Harris A Co.. Boston...... 102*230 k k W i A Sons, B oston,.,.101*779
The loan is issued in fo r m o f registered bonds o f $10,(00
each, dated J u ly 1, 1897; interest is payable sem i-annually at
the N ational B a n k o f R edem ption o f B oston, and p rin cip a l
w ill m ature tw e n ty years fro m date o f issue.
T e r m s o f A d v e r tis in g —( P e r in e h s p a c e .)
C a m d en , N. J .— B on d Neicn.— A rep ort lias been cu rren t
One t i m e ............................
$ 3 5 0 i T h r e e M o n t h s (1 3 t i m e . , ! , . .*23 0 0
that the city o f C am den w as a bout to issue $13,000 o f w a ter
One Month
(4 lime*).. i l 00 Six months
(20 times).. -13 00 w orks bonds,
W e have been officially in form ed b y Mr,
Tiro Month*
(Stones),. IS 00 |Twelve Month- (53 times), 58 00
The above term* lor one month uiel upward* are for standing card*. G o. G . Felton, C iiy Treasurer, that this ia in correct.
Bandit P rop osed .—Sreet im p rovem en t bonds to the am ou nt
o f $100,000 are u nder con sid era tion .
B on d
P r o p o s a l s a n d N e g o t i a t i o n s th is
C h ica g o , 111.— B onds A u th o rize d .— The C ou n cil o f the city
o f C h icago has au th orized th e issue o f #1,000.000 w ater c e r
w e e k h a v e b e e n as f o llo w s .
A lb a n y . N, t . —S om iu A u th orized .— On J u ly 18, 1897, the tificates.
Con o ells y I lle , P a .—B o n d Sew s,— Isaac W , R u tter, B orou gh
C ity B oa rd <>t F in a n ce authorized th e iscn&nce o f bonds to the
Treasurer, reports to the C h r o n ic l e that the C ou ncil has d e
am ou nt o f iftSS.OWjl d iv id ed a» fo llo w s :
.14:80,COO o f 4 per cen t w ater b o td s , t o be issued aa re cided n o t to hold the election to v o te on is s u in g . th e proposed
quired ; in ceres t to be payable sem i-anrnaU y and the prin ci S! 17,000 o f fu n d in g bonds, and that n oth in g w ill be d on e in
the m atter a t presen t.
pal to m aiu re a n n u a lly on th e 1st da y o f M ay at the ra te o f S
Douirliw C ou n ty , N eb ,— Sand! E lectio n .— W e are advised b y
per cen t o f th e a m ou n t m u e d.
.$50,009 o f 4 per cen t K n o x S treet V ia d u ct h o o d ' ; interest G eo. H im rod. C ou nty Treasurer, that the citizen s o f D ouglas
to be payable jojBii-ae.ttt.ally in th e city o f .Sew Y ork and <Yiiiiity w ill vot-- this co m in g fa ll upon the proposed sale o f
$100,COf) in bonds to aM the Tr,an#-Mifsissippi E xposition ,
principal to m ature in, fro m on * to ten years.
135,000
o f A per ce n t B eaver P erk bonds ; interest to be pay ih m a g la c , M id i.— R.-.ad O fferin g.— Proposals will be r e
able sem i a n n u a lly in A lb a n y and principal to m ature in from ceived u n til 8 o 'c lo c k P, it ., A n gu s' 2.1897, b y D. E, C oo nine,
C ity Clerk, fo r the purchase o f $30,000 o f 5 p e r c e n t refund
on e to tw e n ty yearn*.
A n d e rs o n , t o d .— Bos*/ Sate.— 7 he city o f A n derson has Ing bond*. The interest upon the securities w ill be payable
aw arded to C am pbell, W ild & C o., o f Indianapolis, th e fo l sem i-annually and the principal w ill m ature at th e ra te o f
lo w in g bond *: #4,000 o f 5 per c e n t fu n d in g band*, dated May §39 ill per ann um , c o m m e n d ig 1900,
T i e financial statem en t, e-nm dere to da te, o f th e c ity o f
I . 1807, inyeress payable tH tm i-udoatiy' oa tb*» first da ys
o f May end N ovem ber at the Fourth N ation a) B ank o f New D ow tgivc is u* follow*-. Floating bonds. $30,000; w a ter-w ork s
Y o r k ami th e principal to m ature in 1907; $5,000 o f 5 per cen t bond*. #40,000: electric-ligh t bonds, $4,000; assessed valu ation ,
refu n d in g watt r w orks bonds, da ted J u ly 1, 1897, internal $1,917,915; population 1897. 4.000.
F lu s h in g , N,
— B on d E lection . — Mr. Thom as Carroll,
payable arms annually on the first d a ys o f J a n u a ry and J u ly
a t the Fourth N ational Bank o f N ew 18pr k a n d the p rin cip a l Town C lerk at Flu shin g, has called a special election to be
held J u ly 111, l$97» fo r ti *• voters o f that tow n to .-decide upon
t o mature in 1607.
the proposed i>sue o f #50,000 o f road-iuiDroveraent bonds.
A r r e r a e b y-liie S M . N. f . — B o n d Sate L egal?—The A ppel
( j f i l l p o l b . O h io .— Bond, O fferin g. — Proposals wilt be re
late Division o f th e Su prem e Court has declared legal the
ceived
until 1 o 'c lo c k p, m .. A ugust 10, 1807, b y T, E, Brad
#113,000 twite o f h ig h w a y a n d sew er h oods sol i J u n e IS.
bury, C ity Cii-i k , fo r the pu chase o f $10,500 o f 5 per cen t re1807, to W , B. R Sru db .
Bay S ide, X. V.— tom .t E lection —T he r itir. n* o f B a y Side d c tip'.Hm bonds, T he securities w ill lie (if the d en om in a tion
will on A ugust 9 , 1897, vote upon the propose I D .u - o f $3 J,0 K) o f AV O, dated A u g u st 27, 1807; interest w ilt be p ayable sem i
a n n u a lly -at the office o f the C ity Treasurer and the principal
sch ool-h ou se bond.*,
B e a tr ice , 'Seh.—T k n d .Vein.—T he “ O m aha B ee” o f Ju ly 8, W ill Bird o re 20.years, front date o f issue.
The ti-tsl bonded indeiicpdoess o f t.i dlipolis on A pril 1,1897.
1807, say a: " T h e Northw estern M utual L 'fe lofu ra rcw C om
pan y has cwnatnencc'd suit in th e Federal C ourt ag« Inst the was 8225,5 >0, in clu d itig #87,000 o f w ater bonds. The assessed
$713,-,
c it y o f Beatrice for #6,WU, alleged to be d u e aa interest on
T h e tax rale per $1,000 is $29 40 and
$50,000 o f bond* batted b y the c it y to the K<io«a* C ity A 519; total, >1,781.0 0
B eatrice R a ilw a y C om pany, The a m ou n t a u td f« r represent# the population O.sxj.
G a rd n e r,
M m ?.—B an d
O fferin g?—Proposals
w ill
be
tw o ytara* interest tut the bond#,
flic petition filed in the
o a se ia a n r y b u lk y d ocu m en t, cov e rin g 128 type-w ritten received u ntil 13 o 'clo ck n oon . J u ly 31, 1897, b y J a h u D.
page*, each interest cou p on form in g n separate cause at Eslgell, T ow n 1 '/easurer, fo r $55,900* o f 1 per cen t schoolhou.HM bonds. T h e m terst will tie payable -jm i-a n n u a lly on
a ctio n ."
B e ck e r C o u n ty {M in n ,} S ch o o l D is tr ic t No. > .-B o m d t tie first day a o f J a n u a ry and J u ly , principal a n d interest
O fferin g .- Proposals w ill be received until 8 o c lo c k l*. M., bein g p ayable at the First N ational Bank, G ardner, Maas.
J u ly 17, 1897. b y L. A lb ertson . C lerk o f the D istrict, fo r the These >e cu riu es w ill m ature at the rate o f $3,500 per annum
p o r e liana o f i' 1,800 o f 7 per cent, ic h o o l bond*. T he securities from J u ly 1, 1903 to Ju ly 1, 1934, in clusive.
G len R id g e , N, J ,— Bond S ate.— On J u ly 13. 1897, the fo lw ill he dated A u gu st 9, IS'flt; interest w ill be payable annually
and the principal w ill nunure lig h t yeara fr o m date o f issue, low in g bids w ere received by the b orou gh o f G len Rtdga fo r
A certified ch e e k o f 5 per cen t o f the a m ou n t bid fo r m ust the #60,000 o f street-im provem en t bonds, bearing interest at
1% per cen t, both p rin cip a l and interest bein g payable in
a cco m p a n y each proposal.
B la n c h e -te r . O h i o — B on d s D f m t e d .—On J u ly 10, 1897, leuat ten der o f the U nited State*:
th e citizens o f Blanche* ter voted against the proposed issue
o f 14,000 o f reservoir bond*. W e are advised that th ey w ill
vote again u pon this q ix s t lo o .
B k o n ia b a r g , P a ,— B ands A u th o rised .— The citizens o f
B lo o m -b u rg h ave v o te d in fa v o r o f issuing $15,000 o f lu n d in g
bond*.
B o s co b e l, W i s . —B on d * A u th o rize d . — The citiz *ns o f the
to w n o f B is co b e l have voted in fa v o r o f the proposed issue
o f $10,OW o f scb:0< l house bonds.
B rook h a T en . Mis*. -Bonds A u th orized ,— On July 6, 1897,
th e C h y Council p issed an order for the issuance o f 840,000
o f w ater w orks and electricd ig h t bonds. These securities w ill
be issued as the m on ey m a y be needed for the proposed im
proyerntni*,
B r o o k ly n . N. ¥,— l o a n P r o p o s e d — T he B oard o f Aiderm en ha* au th orized the C ity C om ptroller to issue $100,000
o f w a ter-w ork s im p rovem en t bond*.
It is reported that
C om p troller P a lm er says that he w ill n o t sanction the p ro
posed lot a.
B u ffa lo , N, Y. - B o n d Sate.— The fo llo w in g bids w ere r e
ce iv e d on J u ly 12, 1897, b y the c it y o f B u ffalo for the $350,000 o f 8Jj per ce n t on e-year registered park bonds and the
Wlison A Stephen*. N't-w York, 706*118
Prem iu m .
W J Hove.-I A Sod*, Clevelonti.......*061
Fn-rSin, Leaeji A .Co., Sew York— 010
iW‘9101 -ht.-i for ■!« per emit xold lioads.
The loans w ere aw a rd ed to W ilson & Stephens,
The securities w ill be o f th e den om in ation o f $1,000 each,
dated A u g u st 1, 1807; interest w ill be payable sem i-ann ually
on the first da ys o f F ebru ary and A u gu st, and the principal
w ill m ature a* fo llo w s : $30,000 at the rate o f $3,000 per
ant u m fro m F ebruary 1,1 90 3 to 1.916, in clu sive, a nd $80,000
at the rate o f $8,000 per ann um fr o m F ebruary 1, 1017 to
1926, Inclusive.
GHonceater, M m s. —T em porary L o a n ,— The fo llo w in g w ere
the bids received fo r the $23,000 seven m onths loan:
H ate o f Discoun t.
RaUof
Crocker, Bouton..........
"Boati & Goortwrn. Boston........
O urti» & M otley. B ooston............
s to n ..
. 8*10
XiiWm.Mi & Toltnait, Bam*
Tim M jnteiWrSav. B u t Mont. H w
Be«»»rli A Bvorttt, S eri York
-------
Merritt k Co.. B oston...
B tekaB roB , M
B o s t o n' ..
. 8*15
* A n d t § prem ium .
T he loan was aw arded to E dg erly & C rocker,
fire e n e C ou n ty, Inti.—Bond Sale. — Greene C ou nty has
aw arded N. W , H arris & Co. o f C h ica go the $165,000 o f
gravel-road bonds.
THE CHRONICLE,
122
Hollister, Cal.—Sale Postponed.—We are advised by Mr.
J. H. Shaw, Town Clerk of Hollister, that the sale of $35,000
of 6 per cent sewer bonds advertised to take place last month
has been postponed until some future date.
Homestead (Cal.) School District. - Bond O ffen n g.School bonds to the amount of $15,000, bearing interest at 6
per cent, are about to be offered for sale by this district. The
interest upon the securities will be payable semi annually
and the principal will mature in from one to ten years, both
principal and interest being payable in gold at the office of
the County Treasurer, Stockton, Cal.
flnntingdon, veats,—Bond Election.—The election to be
held in Huntingdon to decide the question of issuing $16,000
of water-works and electrio-light bonds will take plaee on
August 7, 1897.
,
.
Iron ton. Ohio.—Bond Offering —Proposals will be received
until 13 o'clock noon, Wednesday, July 28, 1897, by Geo. H.
Davies, Clerk of the city of Irontoo, Ohio, for the purchase of
$943'80 of 6 per cent sewer bonds. The securities will be of
the denomination of $31*46, dated July 1st, 1897; interest will
be payable Bemi annually at the office of the City Treasurer
and the principal will mature at the rate of $31'46 every six
months, beginning January 1, 1898.
Jackson, Miss.—Bond Sale.—The city of Jackson has sold
$20,000 of 5 per cent bonds to the First and Second National
banks of Jackson at a premium of $318 75.
Jackson, Tenn.—Bond Sale.—School bonds to the amount
of $20,000 bearing interest at 5 per cent were sold on July 1,
1897, by the city of Jackson. The bonds will be dated August
1, 1897, and will be of the denomination of $500; the interest
will be payable semi-annually on the first days of February
and August at the People’s savings Bank of Jackson and the
principal will mature August 1, 1917, subject to call after
August 1,1907.
Jamaica. N. Y.—Bond Sale.—The 8200,000 road-improve
ment bonds voted upon on July 12, 1897, by the citizens of
Jamaica have been sold to George D. Beattys of New York
at 102.
Bond Election.—It is reported that on July 26, 1897, the cit
izens will vote upon a proposed issue of $100,000 school-house
bonds.
Attempt to Have Bonds Declared Illegal.—Action has been
brought by a certain taxpayer of Jamaica to have the $50,000
of park bonds recently voted and sold declared illegal.
It is claimed that at the special election held to decide upon
the issuance of the bonds various persons voted who were not
entitltd to do so according to the law, and that on this ac
count it is impossible to tell whether the bonds were author
ized or not.
KansaB. —Bond Sale.—On July 1, 1897, the State of Kansas
sold to the State School Fund Commissioners $150,010 of 4 per
cent refunding school bonds, maturing in five years.
Kansas City. Mo.—Bond Sale.—Kansas City has sold about
$878,000 of park-fund certificates, series B and C, to the
Travelers’ Insurance Company of Hartford, Conn. These
bonds are issued on account of special assessments which are
a lien upon the real estate of the park district; they bear 7
per cent interest, but the holder is entitled to all interest and
penalties collected on the assessment.
Kentucky.—Bond Sale.—The $500,000 of 4 per cent tenyear funding bonds were awarded on July 15,1897, to a Louis
ville syndicate composed of the Bank of Kentucky, the Fidel
ity Trust & Safety Vault Co., the German Bank and the Ger
man Insurance Bank at 107‘47.
Lafayette, Ind.—Bonds Authorized,—It is reported that
the Legislature of Indiana has authorized the city of Lafayette
to issue $88,000 of water-works and electric-light bonds.
Lafayette, La.—Bonds Authorized.—It is reported that the
city has been granted permission by the Supreme Court to
issue bonds for the construction of water-works and an elec
trio-light plant.
Lake City, Fla.—Bond Offering.—Proposals will be received
by Lake City for the loan ot $2,000 of 8 per cent school-house
bonds, to mature in from three to seven years from date of
issue. This is part of an authorized loan of $3,000 voted upon
by the citizens August 3, 1896, $1,000 of which has been
placed with local investors.
Leominster, Mass.—Bond Safe.—Ou July 1, 1897, the city
of Leominster awarded to Jose, Parker & Co., of Boston, at
101-959, the $41,000 of 4 per cent school bonds. The interest
is payable semi-annually and the principal will mature at the
rate of $7,000 per annum from 1900 to 1903, inclusive; 87,000
in 1905 and $8,000 in 1907. These securities have not yet been
delivered; the interest will probably be made payable at the
Boston Safe Deposit & Trust Co. of Boston.
Lima, Ohio.—Bond Sale.—The following are the bids re
ceived by the city of Lima July 12, 1897, for the $90,700 of 5
per cent street-improvement bonds;
166,500
IF. Market St.
T , T. M itchell A Sons, Lim a. ...................
.
C. D. Crjtea. Lim n ........................................ *67,660 00
Mansfield S a v in g Bank. M ansfield......... 67,467 00
N ew Y ork Security A Trust Co., N. Y . . . . 67,103no
A tlas National Bank. C incinnati.............. 67,116 00
G oldsm ith A K olb. L im a ............................. 67.085 00
F red. T . B lister. Mansfield......................... 60,978 oo
First N ational Bank, L im a ........................
Par.
117,000
17,20
N . M ain St. H arrison A
Bonds.
Mind
*17,374 00
*7.50
17,160 00
7.310
17.087 60
7,313
17,093 00
7,2-0
17,061 00
7.277
17,06600
7.271
17.057 00
7,214
Par.
The awards have not yet been made, owing: to the quest
of contracts for street pavements being tabled for one we
The securities are to be dated Julv 1, 1897; interest to b» p
able semi-annually at the office of the City Treasurer of Lit
The issue of $66,500 of West Market Street paving bonds
of the denomination of $500 and $1,000, and will mature
[V o l. L X V ,
follows: $4,500 January 1, 1898; $3,000 every six months from
July 1, 1898 to July 1, 1907, and $5,000 January 1, 1908. The
$17,000 of North Main Street paving bonds are of the denom
ination of $500 and $1,000 and will mature as follows: $2,500
January 1, 1898; $1,500 every six months from July 1, 1898 to
July 1, 1902, and $1,000 January 1, 1903. The $7,200 of Har
rison Avenue paving bonds are of the denomination of $100
and $300 and will mature as follows: $500 January 1, 1898;
$300 every six months from July 1, 1898, to July 1, 1907, and
$1,000 January 1, 1908.
Bonds Authorized.—School bonds to the amount of $12,000
have been authorized by the Board of Education of Lima.
Lodi, Cal. —Bonds Defeated.—The citizens of Lodi, on July
3, 1897, voted against the proposed issue of $5,000 of 8 per
cent high-school bonds.
Malden, Mass.—Temporary Loan.—The following are the
bids received by the city of Malden for the 5 months $100,000
temporary loan:
R ate o f D iscount.
R a te o f D iscou n t.
G e o . M ix te r, B o s t o n ............ ............... 2*09
+F. S. M oseley & Co., B o s to n .......... 2*58
*Chus. W e ll & Co.. B o s to n ............... 2*07 B on d & G oodw in. B o s to n ............... 2*83
B lodeet, M erritt & Co., B o s to n ....... 2*84
Curtis & M otley, B o s to n .................. 2*67
Blake B ros. & Co., B q s to n ..................2*85
+ A n d *1 7 5 prem ium . * A n d *1 00 prem iu m .
F. S. Moseley & Co. were awarded the loan.
Mexico, Mo.—Bond News. —We are informed by Mr. T. M ,
Gill, City Clerk of Mexico, that the issue of $20,000 of streetimprovement bonds has been indefinitely postponed.
Milwaukee, Wis.—Bond Offering.—Proposals will be re
ceived until 10 o’clock A . M . , Aug. 2,1897, by W. J. Fiebrantz,
City Comptroller, for the purchase of the following 5 per cent
coupon bonds:
$120,000 of flushing-tunnel bonds, $120,000 of library and
museum bonds, $100,000 of public park bonds, $30,000 of
street improvement bonds, $60,000 of west sewerage bonds,
$20,000 of east sewerage bonds and $20,000 of south sewer
age bonds.
The above securities will be o f the denominations of $1,000
each, dated July 1, 1897, interest will be payable semi-annu
ally on the first days of January and July, and the principal
will mature at the rate of 5 per cent of each issue per annum,
payable at the City Treasurer’s office or the city’s agency in
New York City.
Mobile, Ala.—Bond Election.—The citizens of the city of
Mobile will vote on August 2,1897, on the proposition to issue
bonds for the acquisition of a water works to cost not exceed
ing $500,000 and a sewerage system at a cost not exceed
ing $250,000.
Monroe, N. C.—Bond Election.—A proposition to issu9
$30,000 of bonds for the construction of water works will be
put to a vote of the citizens of Monroe on August 26, 1897.
Montpelier, Vt. —Bond Offering.—Proposals will be re
ceived until July 20, 1897, by Geo. H. Guernsey, Mayor, for
the following loans:
$17,000 of 5-20-year bridge construction bonds.
$17,500 of 5-20-year funding bonds.
$15,000 of 10-20-year street-improvement bonds.
The above securities will be in denominations of $500 or
$1,000, as purchaser may desire, and will bear interest at
4 per cent, payable semi-annuallv in January and July at the
Manufacturers’ National Bank, Boston, Mass.
Neptune Township (N. JO School D istrict.—Bond Sale.—
Tbe following bids were received on July 10, 1897, by the
Board of Education of Neptune Township, N. J., for the
$56,300 of 5 per cent 20-year schorl bonds:
Benwell & E v eritt, N ew Y ork— 107*27 I H e y l & M ajor. P h ila d e lp h ia ....... 105*05
E. D. Shepard & Co., N ew Y o r k .. .107*15 F arson. L ea ch A Co.. N ew Y o rk .. .104*26
A . R ob ertson , A sb u ry P a rk ......106*50 | A sb u ry P a rk A O cean G r o v e B ’nkl03*00
The hoods were awarded to Benwell & Everitt. The se
curities will be of the denomination of $500 each, except one
bond for $300; they will be dated August 1, 1897; interest will
be payable semi annually on the first days of February and
August and the principal will mature as follows: $25,000 at
the rate of $2,500 per annum from August 1, 1907 to 1916, in
clusive; $24,000 at the rate of $3,000 per annum from August 1,
1917 to 1924, inclusive; $3 300 August 1, 1925, and $4,000
August 1, 1926. The bonds will be payable at the Asbury
Park and Ocean Grove Bank of Asbury Park, N. J., or in
New York City,
Newburyport, Mass.—Bonds Authorized.—The city of Newburyport has authorized an issue of $375,000 of water bonds.
New Philadelphia, Ohio.—Bond S ale—New Philadelphia
has sold $7,621 of 6 per cent paving bonds to Seasongood &
Mayer, of Cincinnati, at a premium of $425 Interest on the
sscurities is payable at the Citizens’ National Bank, New
Philadelphia, and the principal will m iture in seven years
from date of issue.
Newport, Ind.—Bond Safe.—Campbell, Wild & Co., of
Indianapolis, have been awarded $4 500 of 6 per cent school
bonds of tbe city of Newport at 11 8 and accrued interest.
Interesr on the securities is payable semi annually on the first
days of J u l b and December at Newport, and the principal
will mature in from one to nine years from date of issue.
New Rochelle, N. Y.—Bonds Authorized—The citizens of
New Rochelle vou d in favor of the proposed issue of $65,000
sewer Ponds on July 7, 1897.
Newton, N. C.—Bonds Authorized —The ci iz ms of Newton
have authorized the issuance of the $3,000 of electric-light
bonds.
Newtown, N. Y.—Bonds Declared Legal.—On July 12,1897,
Judge Gavnor of the Su; retne Court declared legal the issue
of $620,000 o f 4}4 per cent.road-improvement bonds of N ew t* W D ,
THE CHRONICLE.
J uly 17, lc97.]
123
New T ort City.—Bond Offering.—Proposals will be re Selectman, Ridgefield, for the purchase of $60,000 of 3% per
ceived until 2 o’clock p. M., July 29, 1897, by Aahbel P. Fitch, cent gold funding txmds. The securiues will be coupon bonds
City Comptroller, for the purchase of the following 3}£ per of the denomination of $1,000, secured by sinking fund ; they
cent bonds and stocks of the City of New York, amounting will be dated August 1, 1897 ; interest will be payable semi
annually on the l8t days of February and August at the Mer
in the aggregate to $10,053,017 27 :
*1 ,750,000 00 of consolidated stcck, known as additional water chants’ Exchange National Bank, New York City. The prin
cipal will mature August 1, 1927, subject to call after August
stock, to mature October 1,1916.
$9,209 00 of sanitary improvement school-house bonds, to I, 1917.
become due November 1, 1916.
Each proposal must be accompanied by a certified check
$150,000 00 of consolidated stock, for the purchase of new for two per cent of the amount bid.
The official notice o f this bond offering will be found among
stock or plant for the Department of Street
the advertisements elsewhere in this Department.
Cleaning, to mature November 1, 1916,
Bock away Beach, N. Y.—Bonds Authorized.—On July 18,
$1,018,029 47 of school-house bonds, to mature November 1,
i 1897, the citizens of the village of Rockaway voted in favor
1916.
$400,00000 of consolidated stock, for the acquisition of land of the proposed issue of $57,000 of street-improvement bonds,
Saginaw, Mich.—Bond Sale.—The following bids were re
required for the Harlem River bridge, to mature ceived on July 6, 1897, by the City of Saginaw for the $31,000
|of 4 per cent refunding sewer bonds, and $12,000 of 5 percent
November 1, 1918.
$350,000 00 of consolidated stock, for the Department of Pub I street improvement bonds :
S tu r r refundStrett improvtinc bond*.
m ent bonds.
lic Charities, to mature November 1, 1918.
C. H- whit« 4 Co.. N ew York............................... $21,669 90
$12,344 40
12,878 CO
$250,000 00 of consolidated stock, for the Department of Blake Bros. 4 Co., B o s t o n ............................................. 21.034 20
12,381 60
Jas. W. Loruianwt Co.. Boston............................ 21,620 85
i W . J. H are* 4 Sou*. C le v e la n d ................................... 21,581 00
Correction, to mature November 1 , 1918.
12,300 00
M ason. Lew is 4 Co„ Chicago................................. 21,557 00
12,817 00
$500,000 00 of consolidated stock, for the repaving of various F arson. L oa ch 4 Co.. C h ica g o ...................................... 21.555 00
12,851 00
Eatabrook 4 C o - Boston
................................ 21,583 19
streets, to mature November 1,1919.
T h e L am precht Bros. C o „ C levela n d ....................... 21,464 10
12.219 60*
M erritt 4 Co- B o e to n ................................... 21,464 10
12,330 00
$4( 0,000 00 of consolidated stock, for the laying of water Blodirot.
R. L. D ar 4 Co. Boeton.................................................. 21.401 37
12.314 04
mains, lo mature November 1, 1918.
The refunding sewer bonds were awarded to C. H. White
$20,000 00 of Police Department bonds, to mature Novem & O . , New York, and the street improvement bonds to Jas.
W. Longstreet & Co., Boeton.
ber 1, 1918.
The refunding aewer bonds are of the denomination of
$949,(36 82 of consolidated stock, for the opening of streets $1,000 each, dated July 15, 1897; interest is payable semi
and parks, to mature November 1, 1913.
annually, and the principal will mature as follows : $15,000 at
•$867,810 08 of Fort Washington Park consolidated stock, to the rate of $5,000 per annum from August 1,1909 to 1911,inclusive, and $6,000 August 1, 1912. Both principal and interest
mature November 1, 1918.
will be payable at the office o f the Treasurer of the city of
$389,431 90 of consolidated stock, for the acquisition of court Saginaw, or at its current official bank in New York City.
house site for the Appellate Division o f the Su
The aireet improvement bonds are of the denomination of
$400 and $1,000, dated July 15. 1897 ; interest is piyable semi
preme Court, to mature November 1, 1918.
annually, and the principal will mature at the rate of $2,400
$3,000,000 00 of dock bonds, to mature November 1, 1927.
per annum from July 15, 1898 to 1902, inclusive, both princi
The above loams will be exempt from local taxation, and pal and interest being payable at the Chemical National Bank
will be payable, both principal and interest, in gold at the of New York City.
St. Alban*. Yl.—Bond Xews.—A report was current a short
office of the Comptrolltr of the C i'y of New York.
time ago that the town of St. Albans had been authorized to
Each proposal must be accompanied by a certified check issue a temporary loan to the amount of $3,500. On inquiry
for 2 per cent of the amount bid for.
Mr. B. D. II ipkins. Town Treasurer, informs us that this re
The official notice o f this bond offering will be found among port is without foundation.
Sandusky, Ohio. —Temporary Loan.—The city of Sandusky
the advertisement* in this Department.
has negotiated a temporary loan for $30,000.
North field, N. T —Bond Hale.—The town of Northfield
Scranton, Vs.—Bonds Proposed —The city of Scranton
has awarded to Leland, Towle & Co. of Boaton the $150,1/00 has under consideration a propoeiiion to issue bonds to pay
of 5 per cent 25-year gold road-improvement bonds at 119
the c *t of waterworks and an electric light plant.
Oswego, N. T.—Bond Offering.—Proposals will be received
Shnqualak. M is*—Bond Offering. —Proposals will be re
until July 26. 1897, by A. H. Failing, City Chamberlain, for ceived until 2 o’clock P. Jt., August 21, 1897, by Jno, L.
the purchase of $11,736 80 of 4 per cent improvement bonds. F i t ore, Mayor, for the purchase o f $5,000 of 6 per cent
The securities will be dated August 1.1997; interest will be artinan well bonds of the denomination o f $1,000. The in
paya/le semi annually on the first days o f April and October, terest will be payable annually and the principal will mature
and the principal will mature at the rate of $1,467 10 per at the rate of $1,000 per annum, commencing one year from
annum from August 1, 1898, until 1905, inclusive.
date of issue. All bills must be accompanied by a certified
Bonds sggrt gating about $50,(00 and similar to the above check for $250,
will be issued during the ntxt 60 dsys, and bids are invited
Sol ray, N. Y.—Bond Sale.—The $32,000 of 5 per cent 20for the same.
year Solvay sewer bond* have been awarded to J. F. Webb of
Peirce City (Mo.) School District.—Bowl Sale.—Peirce Syracuse, who bid 118*47. The securities are of the denomi
City has sold $3,000 of 5 per cent bnilding bonds to the Noel- nation of $1,000 eacn, dated June 25, 1897; interest will be
Young Bond & Stock Co. o f St. Louis at par and cost of pro pay able semi-annually at the First National Bank of Syracuse.
viding blank bonds. The securities will be dated August 1,
Somerswurth, N. II. —Temporary Loan.—The to/vn of
1897. and will mature in 1907, subject to call in 1902.
Somersworth has negotiated a loan of $117,700 for 6 months,
Philadelphia, Pa.—Loan Authorized.—The ordinance re bearing interest at the rate of 4 per cent, with the Somerscently passed by the City Councils authorizing a temporary worth Savings Bank.
loan of $1,075,000 for general improvements has been signed
South Bend, Ind.—Bonds Proposed.—It is reported that
by Mayor Warwick.
the Common Council has voted in favor of issuing $5,000 of
Pittsburg. P s Bond* Proposed.—The Finance Committee bonds for the purpose of laying new water mains.
of the City C uncil of Pittsburg has under consideration the
Southfield, N. ¥ .—Bond Sale.—The $140,000 of 5 per cent
advisability of an issue of from one to three millions of dol gold road bonds were awarded July 15, 1897, to the Edw. C.
lars of funding bonds. It is stated that the citizens will Jones Co. of New Y'ork at 125 277. The following is the list
likely be called upon, at a special election early in September, of the bids :
to act upon the proposed issue.
Edw.C. Jones Co.. N ew York — 126*277 Rudolph KleTboIte A C o . N. Y. .122-250
4 W . *5iltfnian A ( o.. N. Y — 12.V150 Whann A Schlealtuter. in. Y .. ..1*8X110
Port Richmond (M.Y.) Union Free School District No. 6.— J.
E. B eckm an t m lerhlll. Jr.. S . Y.124'650 Oeo. M. Halm. New York........... 1*1-760
Bond Sale.—The following were the bids received on July 12, Robert*
4 Co.. New York.......... 124*510 Henwcll A Kverltt. New Y ork ...1*0-000
R. I,. liar A C o . New York ....11(7300
1897, by the Board of Education of this district for the pur C. H. White 4 Co.. New York .. .123*790 W
ilson A Stevens........................ 118125
Walter Stanton 4 Co.. N. Y....MWKO
chase of $43,000 of 5 per cent school bonds.
B. D. Shamir,1A Co., N. V ...... ItTSSO (i. M. Houston .............................116*125
P tirt,
Dm " A- Moran A Co., If. T.. ..•106*1®
E4 w. C. Jonas Co.. New Y ork. ,.104*88
Whann 4 Schleeiiiger. N. Y......104*79
W a lter Stanton 4 Co., N. T . ...104*7®
Price.
II. L. I»ay 4 Co., Boston.............104.V19
Roberta 4 Co, N.T.-.............. 104J25
Farvon. Leach 4 C o., New York. 10o*7
The Lamprecht Bros. Co.. Q o v . *f 1,128
* And accrued interest. ♦ Net premium.
The loan was awarded to Daniel A. Moran & Co. The se
curities are of the denomination of $1,000 each, dated June
23, 1897; interest is payable annually on the 23d day of
June, anil the principal will mature at the rate of $2,000 per
annum from June 23, 1901 until 1923, when $1,000 will be
payable.
Raleigh, N. C.—Bond Election.—On .September 7, 1897, the
citizens of Raleigh will vote upon the proposed issue of
$50,000 of street-improvement bonds.
Ridgefield, Conn,—Bond Offering.—Proposals will be re
ceived until 12 o’clock, noon, July 81, 1897, by John Bropby,
B ertron Sc Storra, Now York .. I t fn e l i
Far»on. beach A Co., !*. Y ........m-634
I>an*l A. Moran 4 C o„ N. Y ....... 115*006-
* For its .>)00 and an option on balance at same price.
The securities are of the denomination of $1,000, dated July
15, 1SB7; interest is payable semi-annually and principal will
mature in thirty years from date of issue.
Springfield, Muss.—Bond Offering.—Proposals will be re
ceived until 12 o'clock noon, July 27, 1897, by E, T. Title, City
Treasurer, for the purchase of $35,000 of 3)4 Per cent ten'
year gold improvement bonds. The securities will be in the
form of registered certificates of $1,000 each, dated August
1, 1897; interest will be payable semi-annually on 'th e first
days of February and August, both principal and interest
l>elng payable at the office of the City Treasurer.
Springlleld, Tenn.—Bond Sale,—School bonds to the
amount of $10,000 were ricently sold by the town of Springfield.
THE CHRONICLE,
Stonewall County, Tex.—Bonds Legal—The issue of
$32,000 of Stonewall’ County bridge and court-house bonds
has been approved by the Attornev-General.
Tottenvtlle (S. I.), N. Y —Bonds Authorized,.—On July 6.
1891, the citizens of Tottenviile voted in favor of the proposed
issue of $30,000 of water- works bonds.
Tnscalooea Connty, Ala—Bond Sale.—The $12,000 of 6 per
cent gold bonds offered by Tuscaloosa County on July 1, 1897,
have been awarded to Fenton Robinson, of Columbus, Miss,,
at a premium of $665. The securities are of the denomina
tion of $100 each : interest is payable semi annually on the
first days of January and July, and the principal will mature
at the rate of $1,000 per annum, beginning with July 1, 1898.
Van Wert, Ohio.—Boml Offering.— Proposals will be re
ceived by C, M. Sutphen, Mayor, at 7:30 P. M., August 2,1897,
for the purchase of the following street improvement bonds:
$7,980 of 5 per cent bonds, bearing date August 14, 1897,
and due in from two to eight years from date of issue. Toe
securities will be of the denomination of $1,140 each, and in
terest will be payable semi-annually.
$7,560 of 5 per cent bonds, bearing date August 14,1897, and
due in from two to eight years. The denomination will be
$1,080, and the interest will be payable semi-annuallv.
$3,400 of 5 per cent bonds, bearing date August 14,1897, and
due in from two to sixteen years. Tbe denomination will be
$160, and the interest will be payable semi-annually.
One certificate of indebtedness of the denomination of $300,
bearing date August 14, 1897, and due in one year, with in
terest at 6 per cent.
All bids upon above issues must be unconditional, and no
bid will be received for less than par.
Wadena, 311nn.—Bonds Authorized.—The citizens of W a
dena on July 3, 1897, voted in favor of issuing bonds to tbe
amount of $30,000 to cover expenses of water-works and the
purchase of an electric-light plant.
Waltham, Mass.—Bids Rejected.—The city of Waltham
received five bids for the six months loan of $50,000, ranging
from 2-74 to 2'95 per cent. All were rejected and new bids
called for.
Ware, Mass.—Bonds Authorized.—At a town meeting July
13, 1897, the citizens of Ware instructed the Town Treasurer to
issue $12,000 of school house and road-improvement bonds, to
N EW
LO A N S.
2 7
%
BONDS
OF
C ity
of
AND
1,018,0*29 47
STOCK
350.000 00
TUE
N ew
§150,000 00
400.000 00
OF
3J
York.
E x em p t from taxation by the
City and County o f N ew Y o rk .
250.000 00
500.000 00
400.000 00
Principal and Interest payable in Gold.
20,000 00
EX E C U T O R S, A D M IN IS T R A T O R S .
G U A R D I
A N S A N D O T H E R S H O L D IN G T R U S T FU N DS'
A R K A U T H O R IZ E D B Y AN A C T OF T H E
L E G IS L A T U R E P A SSE D M A R C H 14, 1889, T O
IN V E S T IN T H E S E BONDS A N D STOCK.
949,036 82
867,310 OS
S E A L E D P R O P O S A L S W IL L B E R E C E IV E D
b y th e C om ptroller o f th e City o f New York, at his
office. No. 280 Broadway, In the City o f New York,
until
Thursday, the 29th day o f Jnly, 1897,
AT
l
O’
0I ,O C K
389,431 90
P . H I.,
when they w ill be pu b licly opened, as provided b y law
fo r th e w hole or part o f th e follo w in g-d e scrib e d
C oupons or registered Bonds and Stock o f th e C ity
o f N ew Y ork, bearing interest a t th re e and o n e -h a lf
per ce n t per annum , t o * w i t :
= * 1 , 7 3 0 , 0 0 0 OO C O N SO L ID A T E D STOCK OP
T H E 'T T Y OF N E W YO RK ,
K N O W V AS - A D D I T I O N A 1,
W A T E R .STOCK OF T H E
C IT Y OF N EW Y u R K .” P rin
cipal parable Oct . 1. 10l«.
9 / 2 0 9 OO C O N SO L ID A TE D STOCK OF
T H E C IT Y OF N E W YO R K ,
K N O W N AS " S A N I T A R Y IMI*U' > V E M E N T S C H O O L H O U SE
BO N DS.”
Principal
payable N ov. 1,1016.
•
bear interest at a rate not exceeding 4 per cent and to mature
within eight years.
Warreu Connty, N. J.—Bond Sale.—Warren County has
awarded to Cornish & Co. of Washington $25,100 of 4 per
cent 3M-5*,£-year bonds for $25,206 50. The interest on the
bonds will be payable semi-annually at the Warren County
National Bank, Bslvidere. N. J.
Warren, Ohio.—Bond Offering.—Proposals will be received
until 12 o’clock noon, August 5, 1897, by Albert E. Andrews,
City Clerk, for the following loans, dated August 15, 1897:
$1,200 of 5 per cent assessment bonds in denomination of
$300 each and maturing $600, August 15, 1898, and $600, Ausgust 15, 1899.
$1,200 of 5 per cent sewer bonds in denomination of $3)0
each and maturing August 15, 1935.
$3,000 of 5 per cent street improvement bonds in denomi
nation of $5J0 each and maturing $1,000 August 15, 1904,
and $2,000 August 15, 1905, with interest payable semi-annunually on 15th days of February and August,
$3,000 of 5 per cent special asse.-sment bonds in denomina
tion of $500 each and maturing as follows: $500 August 15,
1898; $1,003 August 15, 1899; $500 August 15, 1900; $1,000
August 15, 1901; with interest payable semi-annually on the
15th days of February and August.
Waterloo, N. Y.—Bond Sale.—The village of Waterloo has
sold $10,000 of refunding bonds to the State Comptroller
at 102-28.
Westfield, Staten Island, N. Y.—Bond Sale Legal.—Mr.
Hubbard R. .Yetman, Supervisor of tbe town of Westfield,
writes to the Chronicle that the sale o f $80,000 of 5 per cent
town road bonds has not been declared void. He says that
the purchaser of the bonds claimed that the proceedings
should be rescinded and renewed in a slightly different form .
This has been done, and the bonds will be ready for delivery
within a few days.
Woonsocket, K. I .—Temporary Loan.—'The following is
the full list of bids received for the $90,000 four months loan
of Woonsocket which was awarded to Edgerly & Crocker:
R ate o f D iscount. I
R a te o f D is c o u n t.
___________ 2*74
E d gerly & Crocker, B o s t o n * 2’60 |W m . O. G ay & Co., B o s to n
B lodget, M erritt & Co., B o s to n .......... 2'69 I R og ers, N ew m an & T olm an , B o s t. 2*74
Blake Bros. & Co., B o s to n ................ 2*711Curtis & M o tle y , B o s t o n ................. 2*94
* A n d $1 prem iu m .
N E W LO A N S.
P R O P O S A L S FO R
8 1 0 , 0 5 3 , 0 1 7
[V ol. LXV,
.
124
3,000.000 00
CO N SO L ID A TE D STOCK OF
T H E C IT Y OF N E W Y O R K
FO R T H E
P U R C H A S E OF
N EW STOCK O R P L A N l’ FO R
TH E
D E P A R T M E NT
<»F
S T R E E T C L E A N IN G . P rinci
pal payable N ov. 1 , 19L6.
CO N SO L ID A TE D STOCK OF
T H »: C IT Y OF N E W Y >RK,
KNOW N A S * SCH O OL1IOU SE
BO N DS."
P rincipal p ayable
N ov. 1,1910.
CO N SO L ID A TE D STOC K OF
TH E C IT Y OF N E W YO RK ,
FO R ACQU IRIN G L A N D R E
Q U IR E D F O R T H E B R ID G E
OV E R I H E H A R L E M R IV E R
A T T H IR D A V E N U E , A N D
TH E A P PR O A C H E S T H E R E
TO. P rincip al paya ble N ov. 1,
39 is,
CO N SO L ID A TE D STOC K OF
T H E C IT Y OF N E W Y O R K ,
FOR N E W B U IL D IN G S. ETC..
FO R T H E D E P A R T M E N T OF
P U B L IC C H A R IT IE S . P rin c i
pal payable N ov. 1,1918.
C O N SO L ID A T E D STOC K OF
T H E C IT Y OF N E W YO R K ,
FO R N E W B U IL D IN G S . ETC..
FOR T H E D E P A R T M E N T 1 OF
CO RR EC TIO N . Principal pay
able N ov. J, 1918.
C O N SO L ID A TE D STOCK OF
TH E C IT Y OF N E W Y O R K .
FO R R E P A V IN G S B E E T S
A N D A V E N U E S . Principal pay
able N ov. 1,1918.
C O N SO L ID A T E D STOC K OF
T H E C IT Y OF N E W YO R K ,
FOR L A Y IN G W A T E R M A I NS.
Principal payable N ov. 1, 1918.
C O N SO L ID A T E D STOC K OF
T H E C IT Y OF N E W YO RK ,
K N O W N A S " P O L I C E D E
P A R T M E N T B O N D S.” P rin
cipal payable N o v . 1. iw i«.
C O N SO L ID A TE D STOC K OF
T H E C IT Y OF N E W Y O R K ,
STREET AND P A R K O P E N
IN G FU N D STOC K. Principal
puyable N ov. 1,1918.
C O N SO L ID A TE D STOC K OF
T H E C IT Y OF |NEW Y O R K .
FO R T H E R E D E M P T IO N OF
REVENUE
BOND
ISSU ED
FO R
TH E
P A Y M E N T OF
AW ARD S,
ETC.
IN
THE
F O R I1 W A S H IN G T O N P A R K
PR O C EE D IN G . P rin cip al pay
able N ov. 1. 1U18.
C O N SO L ID A T E D STOC K OF
T H E C IT Y HF N E W Y O R K ,
FOR T H E R E D E M P T IO N OF
R E V E N U E BO N DS ISSUED
FO R
TH E
PAYM EN T
OF
JU D G M E N TS
FOR
THE
AW ARD S,
ETC.,
IN
THE
M ATTER
OF
A C Q U IR IN G
T H E S IT E F O R A C O U R T
H OU SE F O R T H E A P P E L
L A T E D IV IS IO N
OF T H E
S U P R E M E CO U R T. P rincip al
payable N ov. 1, 1918.
C O N SO L ID A T E D ST O C K OF
T H E C IT Y OF N E W YO RK ,
K N O W N A S ” DOCK B O N D S.’ 7
P rincipal payable N ov. 1, 1927
T h e resolutions o f the C om m issioners o f th e Sink
ing Fund, exem pting said B on ds an d S to ck fro m
local taxation w ere adop ted pursuan t to th e a u th o r
ity o f an ordinance o f the C om m on C ou ncil a p p roved
NEW
LOAN S.
b y th e M ayor O cto b e r 2,1881, an d S ection 137 o f th e
N ew Y o rk City C o n solid ation A c t o f 18-H.
T H E P R IN C IP A L OF A N D T H E IN T E R E S T
ON T H E A B O V E -D E S C R IB E D B O N D S A N D
STOCK A R E P A Y A B L E IN G O L D COIN O F
T H E U N IT E D S T A T E S OF A M E R I C A , OF T H E
P R E S E N T S T A N D A R D O F W E I G H T A N D F IN E
N ESS, A T T H E O F FIC E OF T H E C O M P T R O L L
E R OF T H E C IT Y OF N E W Y O R K .
C O N D IT IO N S
p ro vid e d b y S ection 118 o f th e N ew Y o rk C ity C o n
so lid a tion A c t o f 1-82, as am en ded by Chapter 103o f
th e Law s o f 1897 :
N o proposal f o r bonds o r stock w ill b e a cce p te d f o r
less than th e par v a lu e o f th e sam e.
E a ch bidder m ust d e p o sit w ith th e C )m p tro lle r in
m oney, o r by certified ch e ck draw n t o th e o rd e r o f
the said C om ptroller upon a S tate o r N ational B ank
o f th e C ity o f N ew Y o rk , T W O P E R C E N T o f th e
am o u n t o f th e proposal, in clu d in g prem ium . N o p ro
posal w ill be re ce iv e d o r c o n sid e re d w hich is n o t ac
com panied by such deposit. A ll su ch deposits w ill
be retu rn ed b y th e C om p troller t o th e persons m ak
ing th e sam e w ithin th re e days a fte r d e cisio n as to
the h igh est bidder o r bidders has be e n m ade, e x c e p t
th e deposit o r deposits m ade by such h ig h e s t bidder
o r bidders.
I f said h ig h e s t b id d e r o r bid d ers
shall r e fu s e o r n e g le c t w ithin five days a fte r t h e
service o f
w ritten
n o tice o f th e aw ard t o
him
or
them
to
pay
to
th e
C h am berlain o f th e C ity o f N ew Y o rk th e am ou n t o f
the stock o r bonds aw arded t o him o r them a t th e ir
par value, to g e th e r w ith th e prem ium th ereon , i f
any. less the am ou n t d e posited b y him o r th e m , th e
am o u n t o f such d e p o s it o r d ep osits shall be f o r fe it e d
to and b e r e ta m e d b y th e C ity o f N ew Y o rk as
liqu ida ted dam ages lo r such refu sal o r neglect.
T h e C om p troller, w ith th e app rova l o f th e Com
m issioners o f th e Sinking Fu nd, shall d eterm in e
w hat, i f a n y , part o f said p roposals shall he a cce p te d
and u pon paym en t in to th e City T rea su ry o f th e
am ounts d u e by th e persons w h o se bids are a ccep ted ,
re sp ectively, certificates th e r e o f shall b e issu ed to
th e m as a u th orized b y law.
T h e p rop osals, to g e th e r w ith the se cu rity deposits *
sh ou ld be in clo s e d iu a sealed e n v e lo p e , in d o rse d
'* P roposals f o r B on d s o f th e C orp oration o f th e C ity
o f N ew Y o r k ” , an d th en in clo se d in a se c o n d e n
velop e, add ressed to th e C om p troller o f t h e C ity o f
N ew Y ork.
For fu ll in fo rm a tio n see C ity R e c o r d .
A S H B E L P. F IT C H ,
Comptroller.
C IT Y O F N E W Y O R K ,
F IN A N C E D E P A R T M E N T -C O M P T R O L L E R ’S
• O FFIC E .
J U L Y 15, 1S97.
THE CHRONICLE
J olt 17, « $ ? .]
125
Worcester, Mass .—Bowl Sale.—The following are the bids June 1,1897, by means of a special report to the Chronicle
received for the $200,000 of 4 per cent Worcester bonds, due from J. B, Hinds, City Clerk.
April 1927 ;
D.catur is situated in Morgan County,
lOJt &Co.. Boston......... Ill OR? IX. W.Harris*Co,.Boston...... US-530
LOANS—
When Due. T ax valuation, real........ § 5 ,5 0 0 ,0 0 0
Tax valuation, person’ !. 3 ,000,000
Boston........ U3'8!3: Horaces. Humeri Co.. BostcmUis-snr STltfXT and S a.nmm.b y —
______ ion * Barr, li > * o o .......U r ; ? I i C. H. White * Co. New Y om ... .11*700 6s, Jan,, 810 ,0 0 0 ....... M ay 3, 1907 Total valuation 1 8 9 6 ... S .5 0 0,000
Assessment about % actual value.
tnterest
-paviiMe
In
New
York.
Blake Bros. A Co, Boston....... 113-SSO!
Bonded debt June 1, '9 7 . ..$ 4 0 ,0 0 0 Tax rate (per 8 1 0 0 0 ! ........... §1 8 00
The securities were awarded to Estabrook & Co.:
Floating debt................ 4,000 Population in 1890 w as..........2,765
Temporary Loan.—The following ia a full list of the bids Total debt June 1. 1 8 9 7 ... 4 4 .0 0 0 Population In 189 7 (eat.)___ 3 ,5 0 0
Water debt (a d d itio n a l,...
3 .0 0 0
received for the $100,000 Worcester three months’ loan :
Galveston, Tex.—A. W . Fly, Mayor. The following finan
Rat*o/ XHicmtnt. I
Rule of ItOcnunt K i m frmler A Co.. Boston.•*.<*! » ' ! » * * A Alien.. . ..
....
SwageMuter. H. »lon. ......... 2*37 Old Col Wjvnst
Boston.. ... i-50 cial statement of the city of Galveston, has been corrected up
■; . ... Br .. X
B ,1
*2-411
3.
.v
II •■*!..n. . 3 :o
to June 1, 1897, by oflicial report to the Chronicle from
F. 3. Moseley * Co.. 8-o.ton...... ril Itsfrt Nerotu * Warn ii ,,
gatrertjACwwfcer. Boston....... r»'* SnsnscmaBAJennison, N. 1.
rys
Corns A Motley. Boston- ...............213 Blodset. Merritt A Co.. Boston.... u i Tbeo. K. Thompson, City Auditor,
----Ctuw. Watl* Co.. Boston..-,,...... 20,t Galveston is the county seat of Galv, ston County and is
* Faratde InNow Yotfc, - } U SSttrrmmto and *:■<' torerejt.
a d v e rtisin g for s a le , A u g u s t 1, 1897, $300,000 of 5 per c e n t
The loan was awarded to F. S, Moseley & Jo.
Youngstown. Unto.— Bond Oflerinff,— Proposals will be re 29 40-year funding bonds.
ceived until 3 o’clock P. U „ August % 1897, by F. C. Brown,
LOANSWAm Due.
LOANSWhen Due.
City- Clerk, for the purchase of $1,900 of Phelps Street and
P en cil ASK BLOCK 3 2 1 FUSDIKd BOSIiS§1,100 of Hazel Street paving bonds. The securities will bear 58. M A N ,$ 3 0 0 .0 0 0 ......... 19O.V1015 8s. M&s, $ 1 7 ,5 0 0 .. .M ar. >98 to '02
L im it e d D ebt B o s im 1 8 8 1 ($3,500 due each year.)
interest at the rate of 5 per cent, payable semi-annually, both
Water Works bonds—
. . . $1,300,04X1......... 1921 -1927
principal and interest being payable at the office of the City- S il,im
it e d D eist Bon d s i m n —
5s, . . . . , $ 8 0 0 ,0 0 0 ....... ..1 9 2 8 -1 9 3 0
Treasurer. The Phelps Street bonds will mature as follow s; 5a..........$ 1 ,1 9 5 ,0 0 0 .......... 1931-1936 5 s .......... 5 0 ,0 8 0 .......................19 3 6
$1,900 at the rate of $500 per annum from October 1 , 1898 to
PAR V A L U E O F B O N D S .—The limited debt bonds are $ 1 0 0 and
1900, inclusive, and $400 October 1. lu ll. The H izei Street
bonds will become due as follows; $900 at the rate of $300 per multiples thereof.
IN T E R E S T is payable In New York and Galveston. A ll coupons are
annum from October 1 ,1898 to 1900, inclusive, and $300 Oct
tax receivable.
ober 1, 1901.
T O T A L D E B T , E T C .—The subjoined statement shows Galveston’ s
total bonded debt. Including the water Uobt, the floating debt and the
net debt, on each of the dates named.
S T A T E AN D C IT Y D E B T C H A N G E S.
We subjoin reports as to municipal debts received aince
th e la st p u b lica tio n
of
o u r STATE
AND CITY
SUPPLEMENT, j
S o m e o f these rep o rts a r e w h o lly n e w a n d o th e rs
c o v e r ite m *
June 1,<97, Dec. 1, '9 6 . Ocl. 2S .'95.
Total bonded d e b t ... .$ 3 ,4 8 8 ,5 0 0 $ 3 ,1 2 6 ,0 0 0 $ 3 ,1 3 2 ,7 0 0
Floating debt fiyecnied
June 1, >94.
$ 2 ,2 0 2 ,7 0 0
interest, eh’.,i ....... 293,906
336,729
299,518 150,488
and of interest to investors.
Total debt .........$3,716,408 $8,'762,729 $3,422,218 $&802,138
793.240
633,551
349,874 515,469
Ih'CHtnr, Ala.—ft. t\ Bakery Mayor. The following finan Sinking wod, AC.......
o f in fo rm a tio n a d d itio n a l to th o se g iv e n
c ia l sta te m e n t
of
th e e ity
NEW
of
D - -atu r
in t n e S u p p l e m e n t
has been corrected up to I
NEW
LOANS.
LOANS
C,
H.
PER C E N T GOLD BONDS C I T Y o f G A L V E S T O N , T E X ,
OP T H E
5
FUNDING BON DS,
t * A t T « X A « » 4niy tsf, 1667*
T o w n o f R id g e fie ld , C on n ,
M4m will
by nm Mmrur w*4
Prop-“ml* will i*» feuet'V#f hr ifc*
M the rtsumm
of ttu» i.Tityuf c.ailT***t4i», mutt)
T r - w m c . f o n » t mm®« SATt'KHAY.JCLY fnr»A
U,on ^S’lrwLiy. Angn*i At,
for tu# ptuhvlimw
tom, it* th* pmmhtm. m «r)*oi« <*r In pmno f for tmU of 6^00.11110 Bsc p*r 0#Bt tWCnfjk-fortf
9 6 0 .0 0 0 of *h* a*UI ife-nd* of (be T - aof Hidgf
ImietitPHin.-- - Ftistditik Bond*of Iwj? «>fill#
g«M,
Oty of flrnttv+um.
Timm
will t * t«*wMto takp up m
m4 ms *■ Bids forl«wthanpur will not beconsidered. Each
ffeatiu# tBtim
bUtfttimmto tfeat mmuuut, and are jj*f »- bt4 unm% fee- s^j#8p*aie4 fey m
check for
Mu te $*jki
of t fee Csifetd State# o f if#- ptw
gg&s-*
mmmjfoajrmity of
im&tfa*and ebecii will fee
ftaeritard &f weight and $oy#s#g#, on t&# firat day
mtmmmi if M4 m not uzmptmL
AufiMt. I W , or, «t lb« option of **td Tt»wa, at mar
The right to reject any or all hid* is hereby reIts # aft#.? it # Srwt Any of Jkag®st*IS’IT, t2kt*t#*€ at
tile rat* of ifere** **«d ojs#-half per #*nt. pay*t*l# in
Ultfei iheold fee adflfe-ssedto the GQMlelllpiidand
mM* February 1st and An$cmt i*t» mithe Mmch&mm mtAaramt **BWi for tleneral In4efete4n*«a fandlai
&x.cimt3gtsNatirm*? Bank. ?»:*w T ojfIed ty ,
Tlse
Will £m»
®«l Ofl AagjtsM Sfii,,
Forforthe? particrtilariaddress
#tf. til# Mtrc&ant*' ¥,tchmmu
Bkiik.
TH KO. K. THOM.JPHO^,
York CUy, wb«n th# pile# bl«!,wub **;*m*il inler**t
Crtr Amnsmu
satiat b*
to lb# T'r*«%a.r*f' « f it** Town fey tfe#:
Galreatton, Tex.
PT??p«fsiI* »Umn b®
■lOBM MUrjpt'i'b', ^#1
*«*l*®l
#0MJ
Cnns^
markoii **Prop*i#la for Boa*2» M, ««<) mast l$e m
cc*'tmpBSrtM »y %
eteik fear
ttt p«r o*nt of
itsai iiiaoast,
Tfi* rtgbt lo-t«i#ct any muff #il hi4mN
S:&kiyi# turn! prowl#** for
at mmtutHf.
It Is propo***! to l**ue coupon bonds of the 4eiv:*m-
l&mikm &g $1,000.
Tlie Brmil* are tifa#d aod#? 9**tion
Sf*lut€s of C«n*ie*tlcai. 1S8B »84 by t i t M t f of a
Town
heM July 34, l$&7.
Warturt&mr putitalifs mdiimm
sEUteTHB* o r n w ftt'v im j).
HIGH-GRADE
Stitt*', Municipal. County, School
N ew York
Bonds
Savings Banks
and Trustees.
L IN T S
se n t
UPON
A P P L IC A T IO N
f f l l g t e or tiomowt Ann S i t ^o f ..
stook mxcUAMQm&.
R. L. D A Y
8o
C O .,
4B W a t e r S tr##*# S a c t e i ,
Y
Sir##** K#«t Vorlt*
W H I T E
&
C O .,
B A N K i: R S,
31 NASS-%1: ST.. NEW VOItK.
iiO il.O r n
3*1.«M»R
* i l *6 0 6
7 3 .0 0 0
b r a n d U n h i d * . H i e h ................... .5 ®
H a y C i t y , l i l c h .............................. . . . . l a
H - g li i a w , M i c h ................... ................4 «
P a l l 11 I v o r , t f n a a . . . . . . . . . . , . , . . . , , , 4 #
7 0 .0 0 0 Che Ite n , slid***.,.
7S,IMHI IliMihnrr* Conn ..........
,. . . 4 #
.4*
P imp E o c k n w a y , N«
7 ,0 0 0 H o ch iaa d C o ., N. V .............5 *
I 0 . 0(10
a t* r l o r d , N. Y .
»
*
4
3 4 * 0 0 0 B e r k l e y , V o . ..
3.(100 Topeka. 14nn
. .
.........
#
0*
...5#
1 0 ,0 0 * * ^ p o k o m * . V V ash ..................................5 a
0 ,0 0 0 D in j( o ln i% Town ..................... . . . 6 #
1 5 .0 O ft
1 0 .0 0 1 *
•gr5 . 0 0 0
‘4 0 0 ,1 1 0 0
N o r t h W e s t e r n t 'n l o u U y . . . . . . . . 7 »
» * r r c f o r d R y i A ln iu # C e n t . ) ........l a
I ft t p i d T r a n s i t F e r r y . . . . . . ...........5 a
i k t r o l t R a ilw a y ,.,,.
............... . 5 *
I3 « i W ith Prieen on A p p licatio n .
$ 6 5 0 ,0 0 0
PH ILA D E LPH IA ,
P A .,
3 V , REFUNDING BONDS.
l)n'<v! Ju ly 1 , 1697.
D u i Id to SB ytiar^
L egal fo r N ew Y o rk Savings Buaka,
l i o r s i »ss.
E
D
W
A R D C. J O N E S C O .
I.esral iBrestroertts for Savin#* Books in New York
1 Naasan Street, New York.
andahNew England.
421 Ch estn ut Street, P h iladelphia.
R udobh
H
>,
K le v b o lt e &
A If It E HSj
Oo,,
T ow n sen d W helen & C o .,
009 Walnut Street, Philadelphia.
WmC o r.
SAFE INYES'I’I
3 4 A- W n ltto i 8 m .f
CinciflOadr O hio.
SEN D F O B
4 1 n n tl 1 3 W t ilI H t , a n d
Investm ent
FOB
$ 2 ,8 7 3 ,1 4 0 8 1 .8 4 8 ,0 0 9
IN V E STM E N TS.
8 * * ^ 0 0 ,0 0 0
f4 (H ),0 0 0
V s
S et debt................... $ 2 ,9 2 3 ,18e $ 2 ,9 2 0 ,1 7 5
e NTS.
L IS T
47 Exchange I*Iace, N, V. City.
USTH VIA ICED CP«N APPLICATION.
C ity a n d C o u n ty B o n d s .
$ 1 5 5 ,0 0 0
D IE TZ, DENISON & PRIOR,
35
C J N im K S S
H T ltK E T ,
-
BOHTON.
0 » » 6«U»«rlor S t r s s i , O ls v tla n d 0 *
T e r r it o r y o f N e w M e x ic o 5s,
Lilted umim m«S e<f»itroW|,d fey act. of tte tlniiod
<a«gre«», Poimlnlton
Aa«eatod
value,
Hefet !**»* ihan per oeni. W#
retard- od«#4ly *U*tott os bonds eft'ho Cfe>vc«fliMao.t, B l o d g e t , M e r r i t t & C o . ,
I)I*K 10«£O ANOjdO-30 YEA liH,
BANKERS.
Price and partlealaraapfenafepiicatton.
fyiA S U N p L E W IS (fe C O , ,
RANKERS,
BOSTON) Wortlilaglon Illdg , 31 State Rt.
C i l l C A O O t 171 l.n S a l l e S t
16 Congress Street, Boston.
STATE CITY & ItAILROAl) BONDS
THE CHRONICLE,
126
In addition to the sinking fund, as givon above tlie city owned in
1 8 9 7 $5 2 8 ,8 7 0 of wharf company stock and $10 ,0 0 0 of City Railroads
stook (the income of both pledged to sooure its limited debt 5
percent bonds), a water works plant valued at about $1,500,000, an
■electric-light plant, etc., etc., the total value of Its publio property
being $ 3 ,1 24,853.
The sinking fund reoeives yearly an amount equal to 2 per cent of the
outstanding bond3. The ordinance respecting the limited debt bonds
provided that their sinking fund income should be invested in bonds of
the State of Texas, bonds of the United States or bonds of the city of
Galveston.
D E B T L I M IT A T IO N .—The c ity ca n issu e b on d s o n ly w ith le g is la
tive a u th ority an d is forb id d en to m a k e loa n s fo r ra ilroa d aid.
ASSESSED V A L U A T I O N .—T he c it y ’s assessed v a lu a tion " a b o u t
45 p e r c e n t a ctu a l v a lu e,”
Tears.
an d t a x ra te h a v e b een as fo l l o w s :
Ironton, Ohio.—Jno. M. Corns, Mayor. Tne following
financial statement of the city of Ironton has been corrected
up to June 29, 1897, by means of an official report to the
C h r o n i c l e from Geo. H. Davies, City Clerk.
LO ANS—
When Due.
LOANS—
When Due.
W h arf Bond—
Cem etery L and—
5s, JA D , $ 3 ,0 0 0 ......... 1897 to 1898
6s, JAJ,
M e m o r ia e H a l l .
1 8 9 7 (est.)...................................................................... $ 2 8 ,5 00,000
•
1 8 9 6 .................................................................................
25,146,928
.........
1 8 9 5 ............................... $1 9 ,8 4 8 ,0 5 6
$ 5 ,5 4 3 ,4 9 6 25,391,552 $15 00
1 8 9 1 ,............................... 19,496,983
5,2 9 0 ,0 3 6
24,787,019 15-00
1 8 9 3 ................................. 1 8 ,0 66,860
5,0 0 7 ,4 8 6
23,074,346 15-00
1 8 9 0 ................................ 1 5 ,9 70,935
5,0 6 2 ,8 9 9
21,033,834 15 00
.........
1 8 8 1 .......................................................
17,625,862
$ 8 ,0 0 0 ....J u ly 1 1 ,1 8 9 8
St r e e t I m p r o v e m e n t .
5s. A&O, $ 2 0 ,0 0 0 ....... M ay 1 ,1 9 1 0
5s, M A N , 3 ,5 0 0 .........May 1 ,1 9 1 4
Payable by special assessment.
6 s .............$ 3 3 ,6 0 0 ..............1897-1904
T e m p o r a r y L o a n B on d s-
R e f u n d in g B o n d s —
5s, M AS, $ 3 0 ,0 0 0 ........Sept. 1 ,1 9 1 5
68, .........., $ 2 7 ,8 5 0 .......... 1 8 97-1898
Boudeddebt June 29, ’9 7 .$ 3 3 0 ,9 5 0
W ater debt (included). .. 155,000
Spec. asst, debt (add’ n’l)
33,6 0 0
Temporary loan (add’n’l)
27,8 5 0
Tax valuation 1 896..........3 ,3 8 7 ,0 0 0
City tax (per $ 1 ,('0 0 )___
12-30
Population in 1890 w as.
10,9 3 9
Population 1897 (estim’d) 12,5 0 0
S e w e r s , E t c .—
5s, JA D , $ 2 5 ,0 0 0 ........June 1 ,1 9 1 2
St r e e t B o n d s —
5s, JA D , $ 2 5 ,0 0 0 ........June 1 ,1 9 1 2
Wa t e r B o n d s.
Personal Total Ass’d City Tax
Properly. Valuation, per $1,000
Peal Estate.
|voi. LXV,
5s, JAJ, $ 9 0 ,0 0 0 ........Jan. 1 ,1 9 0 6
5s, MAS, 1 8 ,0 0 0 ........Mar. 1, 1911
4s, JAJ, 4 7 ,0 0 0 .. ..July 1 ,1 9 0 6
IN T E R E S T on the wharf bonds, on the special assessment bonds,
and on the temporary loan bonds, is payable at the City Treasury; on
all other bonds at the National Park Bank, N. Y . City.
Ridgefield, Conn.—The following is the financial statement
of the town of Ridgefield received by official report to the
C h r o n ic l e .
PO P U LA T IO N in 1890 was 2 9 ,0 8 4 ; in 1 880 it was 2 2 .2 4 8 ;
1870 it was 13,818. Population in 1897 about 50,000.
in
Gunnison County, Col.—The following financial statement
of Gunnison County has been received by special repert to the
C hronicle from J. E. Brothers, County Treasurer.
When Due.
LOANS—
Total debt July 1 ,1 8 9 7 .
$10,500
Assessed valuation........ 2,212,000
Assessment about % actual value.
Total tax (per $ 1 ,0 0 0 )......... $36 00
Population in 1890 w as........ 4,359
Population In 1897 (est.).......5,500
C ourt H ouse bo n d s—
1 0 s, April, $ 8 ,5 0 0 ........Oot. 1, 1901
lu t. payable at Co. Treas. office.
“Bondeadebt July 1 , ’97
$8,5 0 0
Floating debt (nboat). .
2,000
* This does not lnolude $ 1 69,700 funding bonds issued In 1883, the
legality of which is now being tested In U. S. Courts.
IN V E S T M E N T S .
A DAM S
Ridgefield is in Fairfield County.
H as no bonded debt.
Floating debt July, ’9 7 .
$ 6 7 ,2 1 5
Tax valuation 1 8 9 7 ....... 1 ,6 0 4 ,4 2 9
Total tax (p er$l,000)’96
12-00
South Bend, Ind.—The following financial statement of
the city of South Bend has been corrected by means of an
official report to the C h r o n i c l e .
This is the county seat of St. Joseph County.
Total debt July 1, ’9 7 .
W ater debt (incl.)........
Sinking iu n d .................
N et debt July 1 ,1 8 9 7 .
City’ s proportion of
county debt.................
IN V E S T M E N T S
& CO M PAN Y,
C I T Y OF P O R T L A N D , M E ,
IN V E ST M E N T
GOLD 4s.
BONDS,
•Members o f B oston Stock E x ch a n g e .'
D ated July 1,1897, D u e July 1,1912. R e g iste re d or
Coupon. P ric e o n app lication .
E. H. RO LLIN S
No. 7 Congress and 31 State Streets,
SONS,
&
1 9 M ilk S tr e e t. B o s t o n . M a s s .
BOSTON .
W H A N N & S C H L E S IN G E R
G o v e r n m e n t and
M u n icip a l B o n d s
MUNICIPAL
BO U G H T AND SOLD.
HARRIS
BANKERS.
&
C O .,
3 1 N A S S A U S T . ( B a n k o f C o m m e r c e B i d s :.) .
NEW
ft 1 0
LOAN.
0
, 0
C IT Y
ALLEGHENY,
P R IC E
Farson,
0
&
C o .,
NEW YORK,
2 W all St.
BONDS.
I
W ALE STREET,
W .
J.
NEW YO R K .
H ayes &
In su ra n ce C o .
IN THE C ITY OF NEW Y O R K .
All policies now issued by this Company
contain tbe following clauses :
“ After one year from the date of issue*
the liability of the Company under this
policy shall not be disputed.”
This policy contains no restriction
whatever upon the insured, in respect
either of travel, residence or occupation.”
All Death Claims paid W ITHOUT DIS
COUNT as soon as satisfactory proofs have
been received.
Active and Successful Agents, ivlshing to
represent this Company, may communi
cate with the President, at the Home
Office, 261 Broadway, New York.
:
F IN A N C E C O M M IT T E E :
GEO . G. -W IL L IA M S ..............P res. Cbem . Nat. B ank
JO H N J. T U C K E R ...............................................B u ilder
E. H . P E R K IN S , J k .. P res. Im p. & T ra d e rs’ N at. Bk
JA M E S R . P L U M ................................................. L e a th e r
Son s,
E n g in e e r s .
Street Railw ay Bonds, and o th e r h ig h -g ra d e i n
vestm en ts.
BOSTON, M ASS.,
Cleveland, Ohio,
7 E x ch an ge Place.
311-31 3 Superior St.
cable Address. “ K E N N E T H .”
E dw ard
I. R o s e n fe ld ,
m u n ic ip a l
s e c u r it ie s
.
High-Grade Warrants a Specialty
W rite f o r L ist.
No. GO Broadway, New York.
M U N IC IPA L BONDS.
&
L ife
C. P. F R A L E IG H ...............
Secretary
A . W H E E L W R I G H T ................... A ssistan t Secretary
W IL L IA M T. S T A N D E N ....................................A ctu a ry
A R T H U R C. P E R R Y ............................................Cashier
JO H N P. M U N N ................................... M edical D irector
ON A P P L IC A T IO N .
E. C . S ta n w o o d
S ta tes
DEALERS IN MUNICIPAL BONDS,
0
P E N N ., 4 s.
CHICAGO.
100 Dearborn St.
U n it e d
BAN KERS,
OF
Leach
1897.
GEORGE H. BURFORD............... President
L I S T S ON A P P L IC A T IO N .
W .
1850.
o f f ic e r s
A P P R A IS E M E N T S M A D E O R Q U O TA TIO N S
F U R N IS H E D F O R T H E P U R C H A S E . S A L E . O R
E X C H A N G E OF A B O V E SE C U R IT IE S .
N.
Assessed valuation___ $ 1 4 ,0 2 0 ,7 6 0
True valuation (est.).. 2 5 ,0 0 0 ,0 0 0
Population 1 897 (est.).......... 3 0 ,0 0 0
Population 1 8 9 0 . . . . .............. 21,8 1 9
Population 1 8 8 0 ....................... 13,2 8 0
Population 1 8 7 0 ...................... 7 ,2 0 6
9 0 ,0 0 0
T h e
$ 3 0 0 ,0 0 0
D E A L E R S IN
$ 2 6 1 ,0 0 0
2 2 1 ,0 0 0
2 0 ,8 0 0
24 0 ,2 0 0
M IS C E L L A N E O U S .
New York Savings Bank Investment.
BANKERS'
Population 1 8 9 7 (est.)............ 2 ,5 0 0
Population 1 8 9 0 .........................2,235
Population 1 8 8 0 .........................2 ,028
C o .-
BANKERS,
21 Devonshire Street,
BOSTON.
LISTS SENT UPON APPLICATION.
F .
J.
P ica rd ,
C O N S U L T I N G
E N G I N E E R
C O L U M B U S , O H IO .
Examinations and Reports Made for
Bankers and Investors of Railroad, Coal
Mining, Oil and Electric Properties.
REFERENCES
Jos.
SEN T.
O . O sgood,
M. A M . SOC. C. E.,
120 BROADW AY, NEW YO R K .
W M . F R A N K L IN
HALL,
A cco u n ta n t
w?4u^ltBreit[!,n^• BOSTON, MASS.
Books audited. Examinations and investigation*
conducted with the utmost care and efficiency.
REPORTS ON INVESTMENT PROPERTIES.
Railroad Location and Construction.
FOR
c h r o n ic l e
SALE.
”’ v o l u m e s .
W IL L IA M B. D A N A C O M P A N Y . 7 6 ^ Pine St., N .Y
@FedFRASER