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Quotation Supplem ent ( ^ street Railway Supplement (guarler^) Investors Supplem ent (Quarterly) State and City Supplement (s^Amauy) mo [Entered aocordlnj to Act o£ Congress, in the year 1896, by the W illiam B. Dana Company, in the offioe of the Librarian of Congress.] VOL. 63. © h ro itid e. %hx W e e k en d in g J u ly Olm rinQ t t New Y ork........ . Philadelphia... Terms of Subscription—Payable ic Ad ranee: F o r O n e Year........................................................... * 1 0 00 F o r 81* Months.......................... ............................ 6 00 Baropean Subscription ilnoludlng postage)............. 12 00 Eu ropean Subscription HI* Months {Including postage). 7 00 Annual Subscription in London (including postage)— £ 2 10s. 81* Moa. do, do. do. — * 1 10a. T h e r>rTzsTOas' Sdwlemewt will be furnished without extra charge to every annual subscriber of the Commercial and Financial Chkonicle. The State a n d C itt S upple m e n t will also he furnished without e x t r a charge to every subscriber of the C hkonicle . The street Railw ay Supplement win likewise be furnished w i t h o u t e x t r a c h a r g e to every subscriber of the Chronic lb . The QooTATtoN Supplement* Issued monthly, will also be furnished w ith o u t e x tra c h a rg e to every subscriber o f the- c h r o n ic l e . File covers are sold at SO cents each: postage on the aatne is 18 oents. File cover for supplements can be had at office for 65 cents or mailed for 80 cents. Term of Advertising—(Per Inch space). Onetime......... ................ $3 50 t Three Month* (13 time*)..$28 00 OneMonth (* times).. 11 00 Six Months (26 " 4300 Two Months (8 “ ) . 18 00 I Twelve Months (52 « 58 00 (T h e a b o v e te r m s f o r o n e m o n th a n d u p w a r d a r e f o r s ta n d in g oard s.) London Agents: Messrs. Edwards a Surra. 1 Drapers’ Gardens, E. 0., will take sub srlptlon* and advertisements, and supply single copies of the paper at Is. eaeh. W I L L I A M It. O A I U C O M P A N Y , Pu blish ers, P in e Street, C orner o f P e a rl Street, P ost Orrics Box 958. N E W YOK1 1896. . T h e fo llo w in g table, m ade up by telegraph, etc., ind icates th at tin* total bank clea rin g* o f all the cle a rin g houses o f the U n ited States fo r the w eek ending to-day, J u ly 18, have been $080,024,022. against ^1,080,005,203 last w eek and $900,581,194 th e corresponding w eek o f last year. T o t a l M id d le . 723,018,050 695,264,718 93,083,781 5 1 7 7 ,1 -0 3,100.750 2,039.921 1,146,221 663,764 102,031,028 5,730,700 3.128,735 1,845,167 l.S ;9 ,3 0 0 1,473,754 1,324,218 754,574 848,923 ____412,112 110,385,321 119,109,142 Baltimore......... Buffalo........ .... W a a b lU E to a .... Kochester......... S y ra c u s e ............ S cra n to n . . . . . . . . B o s to n .............. P r o v id e n c e .— H a r tfo r d .. . . . . . New H aven...« S p rin g fie ld . Worcester,. Portland. Pail R iv e r......... . L o w e ll. . . . . . . . . . . . . N e w Bedford....... Total N ew King.. C h ic a g o .......... * * * * C in c in n a t i.......... D etroit.. . . . . . . . . . . Cleveland....... ... Milwaukee.• Oolumhos...... .... indlanapoli* ...... Peoria....... ....... Toledo....... ....... ‘ >rand Rapids ... Lexington. ....... K alam axoo........ A kron ........ — •• Bay C i t y - . ..* - - * R o c k fo rd ....,...... S p r in g f ie ld , Ohio.. Canton............. San Francisco... Salt Lake City... Portland....... Los A n geles..... Helena............ Week t&wiitV} July 18 Be&%*rm b y T d t f m p h , 1890. New T o r S e - a—•**... -0 *8 -9 *0 -3 1 -3 *5 +1*8 +1*5 -3*9 j 8894.684,343 128,371/204 $705,591,280 12+017.324 —1*5 -1 *3 j | £821,035.546 158,088,476 $833,809,204 150,974,990 -1 *5 +1*3 Chicago .............. . 8t- LOOSft . . . . . . . . . . . . . . . . . K e w Orleans.. T otal mil cities, 5 days. cities, 1 d a y . .. . . . . . . . . . . Per Gm t $458,370,011 83,849,443 55,140,71*1 11,802,802 89,871,390 19,780,430 5.764,007 B a # s e«. . . . . . . . . . . . . PMladeiphia ............ . BMttmere Seven citiee, 5 d a y # . •Ollier cities, 5 Sa y s . , . 1895, $4 50,817,025 70.191,418 53,429.929 11,307,084 71,218,057 20,083.384 5,538.805 T otal a ll cities fo r w eek. l $980,024,022 -1 *1 The fn il details o f clearings fo r the w eek covered by the above statem ent w ill be g iv e n n e x t Saturday. W e cannot, o f course, furnish them to-day, bank clearings being made up b y the various clea rin g houses a t noon on Saturday, and hence in th e above th e last tw en ty-fo u r hours o f the w eek have to be in a ll ea-'-t estim ated , as w e g o to press F rid ay night. Our usual detailed figures fo r the previous w eek, coverin g th e returns f o r the p eriod ending w ith Saturday noon, July 11, are g iv e n below, and w e also present the results £©r the corresponding w eek in 1893, 1894 and 1893. In comparison w ith th e preceding week there is an excess in the aggrega te exchanges o f about th irty-seven m illio n dollars, but a t N ew Y o rk alone the increase is sixteen millions. Contrasted w ith th e week o f 1895 the total fo r the whole coun try shows an increase o f 0 5 per cent. Com pared w ith the week o f 1894 the current, returns record a gain o f 2-5'5 per cent and the increase ov e r 1803 is 8'7 p e rc e n t. Outside o f N ew Y o rk the decrease from 1895 is 5*5 per cent. The excess over 1894 reaches 12'8 per cent, but m aking com parison w ith 1993 the g a in ia w e n to be 7'2 per cent. 1.554.062 811,881 88,863,980 12,658,10 0,510.083 7Sm,N-.‘I 5.401.S i 5 3 ,8 2 4 70 2.111.022 1.814,057 1,481,145 783,725j U i 348 234,940 222,20 • 314,391 211,100] 229.118 200,413j 099.020 I3 -’ ,lW 5 ,U 7 j Total Pacific.. 17,914,135 Spokane********* Kansas C ity ....... M in n e a p o lis ........... O m a h a -.... . .. ... . St. P a n !........... D enver. . . . . . . . . . . . St. Joseph ........ Des M o in e s........ Sioux C it y ......... Lincoln.. . ....... ... W ic h it a ............. Topeka,... .. ... ... . ■ Fremont. .......... H a s t in g s . * . . . . ........ Tot. other W est N o r fo lk ...,. W a c o ........... . Fort Worth,,.,, Augusta. .. ...... ... B ir m in g h a m , . . . . . . L i t t l e R o c k ............... Jacksonville__ _ C h a tta n o o g a ...— K n o x v i l l e * ............... T o ta l S o u th e rn - 834,878 659,960 20*2 807.481 388,700 935,273 341,400 + 4 *0 548,084,530 003.017,799 —8*9 -9 6 *+21*7 83 8 3 2 ,8 2 -i 4,732 800 2 770.032 1.775,25V 1,283,05c 1,3*49,412 1,295.781 772.019 672.097 446,623 86,819,229 0,179,800 2,720,122 2,023,584 1,48'. ,854 1,405,882 1,343.480 753 890 762,217 537,955 -7 *5 98,914,907 104,000,018 14.310.7w — 9*9 — 11*5 72,350,148 6 ,7 )0 .2 9 2 0,771.216 5,257.621 3,907,060 1.465 941 1,97.5,391 1,015.722 818.039 406.71*' + 00*8 83,876.681 11.231,900 5.484,612 5,015,320 5,340.347 2,950,800 1,605 910 1,402,500 93,590/ 274,725 297.769 355,6 u 312,651 220,3*1 193.040 - + 10*0 + 1 0 *5 — 5*4 +10 0 +1 7 *4 +76 —218 -20 — 2*1 r ll s itt — 14*5 -2 5 * 4 — 15.108 COO 5.518,040 5.1.8.28*.- 11*0 -32 a +4 0 v3£- 143.013^076 " F d 1,365,8 l 2,342,775 920,589 345,940 803.024 6 0 1 ,# ) 9 243.072 24*,140 321,089 2 )1 ,2 8 8 113,21) 150,018 255,755 294,698 190,000 174,284 I t 8^329 112,1 L0.056 119 907,071 13; 062,443 791.420 1,269,774 583,757 088,844 509.094 200,865 j 89,726 “ 17,9 6^034 3030,075 435.301 69,820 70.722 33,505,378 5.007,004 1,518,450 1.630.468 3.508.000 3.035,774 2,278,659 1.403.343 987,805 1,990,719 825.383 307,369 500.000 357.000 420.900 279.997 313.040 204.762 4 87,223 Dallas.......... . Nashville......... 1,408,017 1.200.000 20.155.950 Richmond.... Memphis,,,..... Atlanta.......... 48? x ifs ’i f l 1,024,9>9 450.708 350,401 L o u is v ille ,....... G a lv e s t o n .... H o u s t o n ........ Savannah....... 20*8 +t i ' l 561 019,267 64 262,709 13.077,970 14,253.870 4.685,573 1,776,232 1,682,307 983,138 9,042,540 8.024.835 4.698,598 6.827,960 2.160.770 Si. L ou is....... New O rlean s-. + 8*6 i.776,721 3,438.327 13.890,550 15.509,898 ms Sioux Falls....... Seattle,......... —0-9 1893, 7,0331 11,747,033 -t J« 8 W0 .0f '“ 1 1 .2 6 2 ,1 1o| 1.173,217 6 0 2 ,0 0 ) 6013.000 484.316 230.224 70.868 Tacoma.......*.. + 5 *5 -7 *0 - ! » 1,042,142 1,052,369 84^,320 765,355 465,200 11. 1896. P. Cent. 582,905,957 08.920,825 16 341,193 14,999,890 W U m ln g to r u ... B in g h a m t o n .. . . . Fargo..... . . . . . . . OLKARINPS. * ( 1895. 6-Ll08*2»t7 16,193,504 16.3 0,220 4,243.083 s g io .o e o 1,735,035 1.150,258 093.518 751,418 343.100 P i t t s b u r g ............. D a y to n *..... . . ----Tot. Mid. W est’u- CLEARING HOUSE RETURNS. m NO. 1,62L SATURDAY, JULY 18, 1896. 21,421,338 0,235.623 6,098,029 1,766.802 o.sos.yss f> L 7 2 7 .«8 3 1.300,830 1.133,268 2,589,864 89 -.563 951,5(52 777,862 858,315 1,021.771 270,562 373,601 290,173 362.021 260,880 - - 40,627^663 1.069,305,203 983 341,655 O u ts id e N . Y o r k 154,095,570 “ 423^227388 Montreal.. . . . . . . . . . 11.348 107 7,253.180 1,605,835 1,140,881 729,012 T o t a l a l l . ........... T o r o n t o . . . . ....... .... H a lifa x............. . W innipeg.............. H a m i l t o n . ........... . T o t a l C a n a d a ...,. 21,983.027 • N o t in c l u d e d i n t o t a l s . 11,592.879 ! « 764 616 19.913,006 THE CHRONICLE. 92 te r o f 2H E F IN A N C IA L S IT U A T IO N . ta k e n P o p u li s t i c m o v e m e n t. The c o u r se im p a t ie n t , a n d c o n s e q u e n t ly A n e x is t in g u n d e r to n e o f t im id it y o n t h e p a r t o f in v e s to r s a n d d e a le r s t h is [V o l . L X III. a d v a n ta g e o f fo r a bear r a id d e v e lo p e d fo r a tim e a m o re u n o a sy f e e l in g in W a ll S tr e e t t h is w eek . W e w ere su r p r ise d la s t w eek p u b lic c r y s t a ll’ze fa s t e n o u g h to s a t is f y t h is s p ir it. rem em b ered , th o u g h , th a t o n ly s in c e t h e C h ic a g o C o n v e n tio n is of o p in io n c o u ld n o t a w eek I t is to b e has e la p s e d m a d e k n o w n it s code, a n d y e t a ll o v e r t h e c o u n t r y n e w s p a p e r s a n d m e n h e r e t h a t th e a c tio n ta k e n a t C h ic a g o h a d n o t a t o n c e h ad a to f o r e p r o m in e n t in t h e p a r ty t h a t C o n v e n tio n m is r e p d e p r e s s in g in flu e n c e a t t h e S to c k E x c h a n g e , for e v e r y t h i n g w as p u t in t o t h e p la tfo r m as a d o p te d t h a t c o u ld r e s e n te d h a v e m a d e h a s t e to d e c la r e t h e ir p u r p o s e t o v o te a g a in s t t h e C o n v e n t io n ’s n o m in e e s . S o m e d is a p te n d p o in t m e n t a n d n e r v o u s n e s s h a v e b e e n m a n ife s t e d b e c a u s e to u n s e t tle c o n fid e n c e . T h e C o n v e n tio n in its r e s u lts se e m e d to h a v e h a d as it s a im G o v e r n m e n t d is S t a t e a n d c it y o r g a n iz a t io n s o f t h e D e m o c r a t ic P a r ty c r e d it , c u r r e n c y w e a k n e ss a n d W a ll S t r e e t d ep ressio n have not e v e n m ore th a n t h e e le c t io n ; a n d i t w as th r o u g h t h a t d is w o u ld n o t b e o r d e r ly ; a d e c is io n c o u ld n o t , w e a s s u m e , c r e d it a n d w e a k n e ss t h a t th e n e r v o u s n e s s o n th e p r e se n t b e r e a c h e d e x c e p t t h r o u g h a c o n v e n t io n . o c c a sio n d e v e lo p e d . tim e th e A n e a sie r m a r k e t a n d lo w e r p rices fo r G o v e r n m e n t b o n d s, h ig h e r fo r e ig n e x c h a n g e , w it h m ade s im ila r a n n o u n c e m e n t s . T h a t c o u r se In th e m ean d e v e lo p m e n t s so fa r as t h e y h a v e g o n e a r e s u r p r is in g fo r t h e e v id e n c e t h e y a ffo r d o f t h e e x t e n t o f d r a w a ls o f g o ld fo r e x p o r t, a n d r e p o r ts p r o m isin g m u ch th e la r g e r g o ld s h ip m e n ts a t th e c lo s e o f t h e w e e k , w ere It a ll in c id e n t s in t h e s it u a t io n o n M o n d a y a c d su b se y e s t e r d a y , t h o u g h i t w as a ll t h e q u e n t d a y s. T o th e s e in f lu e n c e s w a s a d d e d o n T u e sd a y w h a t h e in s u b s ta n c e w o u ld s a y w h e n h e s h o u ld d e c la r e th e su d d e n s ic k n e s s o f M r. C o r n e liu s V a n d e r b ilt an d t h e c o n s e q u e n t fr e e s e llin g o f L ondon. A m e r ic a n se c u r itie s in W h a t b e tte r c o n d it io n s t h a n th e s e c o u ld be h a d or d e v is e d fo r r a id in g t h e s t o c k m a r k e t ? A m o v e r e v o lt a g a in s t th e w as g r a tify in g h is p o s it io n . c o n d it io n s to C h ic a g o t i c k e t a n d p la t f o r m . see M r. W h it n e y ’s t im e “ th ere H is w ords are : or c ir c u m s ta n c e s sta te m e n t e v id e n t en ou gh a r e n o p o s s ib le t h a t w o u ld in d u c e m e to v o te f o r i t ( t h e C h ic a g o t i c k e t ) o r a s s is t it . ” W h e n E x -G o v e r n o r H i l l sp e a k s w e c a n n o t t h i n k h is s t a t e m e n t o f t h a t n a tu r e w a s m a d e o n W e d n e sd a y , th e m ore m e n t w ill c o n s p ic u o u s fe a tu r e o f w h ic h w as t h e s e llin g o f high* in p r ic e d s to c k s in w h ic h M r. V a n d e r b ilt w as in te r e ste d , p o li t i c s ; t h a t t h e is s u e is n o w a s im p le b u s in e s s p r o p sa le s o f th e s e o s it io n . e a g e r n e ss . p r o p e r tie s b e in g p r e ss e d w ith a p p a ren t be a n y le s s r e p u d ia t in g e x p li c it . th e tic k e t a b se n c e o f b u y e r s w ere e n o u g h to d e p r e ss th e ir p r ic e s i n g o f w id e c ir c u la tio n . se v e r a l p o in ts . th e n e sd a y dropped p o in t s o n s a le s r e a c h in g o n ly 930 sh a r e s , N e w Y o r k & N e w E n g la n d 6 £ p o in t s o n sa le th e o f 100 sh a r e s , L a k e S h o r e 2 f 'p o in ts o n sales o f 1 ,1 8 5 sh a r e s , and C o n s o lid a te d G as and has burned h is O n e o th e r r e m a r k o f e x -G o v e r n o r F lo w e r is d e s e r v A s th e y are a ll in a c t iv e , s m a ll lo ts in th e F o r in s ta n c e , L a c k a w a n n a o n W ed n es- E x G o v e r n o r F lo w e r sa y s h e D e m o c r a t ic H e w as a s k e d w h a t h e t h o u g h t S ta t e O r g a n iz a tio n r e p ly w a s : “ I d o n o t k n o w . do. H is T h e o r g a n iz a t io n w o u ld m ay d e s ir e to u la r . I t s e e m s to m e , t h o u g h , t h a t a m a n w h o is f o r in d o r s e t h e C h ic a g o t i c k e t so a s to b e r e g B ro o k ly n s o u n d m o n e y a n d w h o v o te s a s h is c o n s c ie n c e d ic t a t e s , U n i o n G as sh a r e s e a c h 6 p o in t s , th e sa le s o f th e form er h a s as g o o d a r e g u la r it y a s a n o r g a n iz a t io n c a n g i v e r e a c h in g 1 ,6 6 1 sh a r e s a n d t h e la t t e r 5 2 0 sh ares. h im . B u t t h e ra id in i t s g r e a te s t s e v e r ity w a s a b r ie f affair. B e fo r e th e c lo s e o f t h e m a r k e t o n T h u r s d a y m a tte r s to o k a tu r n fo r t h e b e tt e r . Y e s te r d a y t h e y lo o k e d s till I b e lie v e t h a t 6 0 p e r c e n t o f t h e D e m o c r a t s o f th is S ta te do not w a n t to s u p p o r t a n y t i c k e t t h a t d oes n o t rep resen t so u n d to th e f o r e g o in g m o n e y .” th a t if We any w o u ld a d d E a ste r n c ity or b r ig h t e r , f o r e ig n e x c h a n g e e v e n h a v in g b e c o m e easier, S ta te a n d in s te a d o f t h e $ 7 ,0 0 0 ,0 0 0 b e in g w ith d r a w n fo r s h ip d is c ip l in e m e n t to E u r o p e to -d a y , w h ic h r u m o r s a id w as p ro p h e g ia n c e s ie d b y so m e b a n k e r s o n W e d n e s d a y , o n ly $ 2 ,0 0 0 ,0 0 0 b e so c h ie fly b e c a u s e i t w o u ld t e n d to le s s e n t h e o v e r w as en g a g ed . w h e lm in g I t s h o u ld b e r e m e m b e r e d , h o w e v e r , th a t i t is t h e b u s in e s s o f t h e p r o fe s s io n a l b ear to e x a g g e r a te s h o u ld as a su p p ort w o u ld m a t te r th e be fo r m C h ic a g o m ost c h a r a c te r of of and tic k e t, u n fo r tu n a te . th e g o v e r n m e n t s h o u ld r e c e iv e . d e fe a t th e se p a r ty su ch a ll e It w o u ld fo e s o f al^ B u t i t w o u ld a ls o b e u n u n fa v o r a b le c ir c u m s ta n c e s a n d c o n s e q u e n t ly th e p res- fo r t u n a t e fo r th e o r g a n i z a t i o n ; a c t i o n o f t h a t k in d t h e v e r y n a tu r e o f t h e su r r o u n d c o u ld n o t b u t t a i n t t h e p a r ty f o r a t le a s t a q u a r te r o f a in g s , h is o p p o r tu n ity . S o lo n g as n o o n e c a n say th a t c e n tu r y . T h is C h ic a g o m o v e m e n t s t r ik e s a t th e th e r e is n o t a p o s s ib ilit y o f t h e s u c c e s s o f t h is C h ic a g o v e r y e x is t e n c e o f th e G o v e r n m e n t. A s G overn or e n t s u m m e r is , fr o m m o v e m e n t, t h e b ears h a v e w it h in th e ir c a ll th e p o w er F lo w e r to It e x c it e th e s e n s itiv e n e s s T h is p ow er, fe a r o f of th e w h ic h to o , th e w ill S tr e e t, current we th e year p r e su m e , a v era g e is h ig h . r e m a in as lo n g as th e lu n g s o f t h e F r e e -S ilv e r -P o p u lis tic P a r ty c o n tin u e to b e u n im p a ir e d ; fo r w h ile t h e y ca n m a k e a s m u c h n o ie e as n o w th e y w ill a p p e a r to be n u m e r sa y s, it has even g o t The c r e d it is n o m a t te r o f p o litic s . b e y o n d b e in g a m a t te r o f b u s in e s s - a n d th e r e fo r e t h e h o n o r o f “ H e r a ld ” T h e N ew Y o ik in t e r v ie w w it h “ C o lo n e l L o u is v i ll e s p e c u la tiv e a r g u m e n t as i f t h e y g i v i n g h is o p in io n o f t h e s a n e m en tw o to o n e . A t th e o u tn u m b e r e d sa m e tim e th e r e a th e c o u n tr y is a t s t a k e . L a w a n d t h e a u t h o r it y to e n fo r c e la w a n d p u t d o w n r io t s a re a t s ta k e . o u s , a n d a p p e a r in g to be n u m e r o u s is j u s t as str o n g a r e a lly lo n g e r o f y e s te r d a y p u b lis h e d a n H enry W a tt e r s o n , C ou rier- J o u r n a l ,” n o w is “ m o n s tr o u s .” in of th e G eneva. In t h e C h ic a g o p la t f o r m h e sa y s i t “ I t n o t o n ly m e a n s n a t io n a l r e p u d ia iB n o e v id e n c e a t a ll t h a t h a lf t h e v o te r s in an y i m t i o n a n d s p o l ia t i o n , b u t is a n o p e n d o o r to r e v o lu t io n . p o r ta n t S ta t e b e lo n g to th a t p a r ty , b u t th e r e is a b u n d a n t e v id e n c e — if th o s e w h o se j u d g m e n t h a s b e e n th o se h e r e to fo r e r e lie d u p o n aD y c o n c e p t io n o f o r d e r ly g o v e r n m e n t , w o u ld b e q u ic k ly c a n b e ta k e n n o w — th a t t h e S ta t e s r e fe r r e d to are as c e r ta in to v o te fo r M c K in le y as a n y fu t u r e e v e n t c a n b e. M o reo v er s in c e p o litic a l a ifa ir s are r a p id ly t a k i r g I f t h e le a d e r s o f t h i s m o v e m e n t c o u ld c o m e in t o p o w e r , set of a s id e th e m w h o h a v e by th e w a y c i v i l w ar, as b r e a k s in w ild 1 8 9 4 , c o u ld tr y . fo r e a ll w ill h a v e a c le a r e r 'v ie w o f t h e in fla te d c h a r a c w as in t e r p o s e d , b u t i f th e e le m e n ts fo r e s h a d o w e d s h a p e , it m a y b e th a t n o t m a n y w e e k s w ill e la p s e b e T hen a n y se n s e o f a c c o u n t a b ilit y , b e h in d . by th e In t h is C h ic a g o o u t b e p r e c ip ita te d u p o n t h e c o u n str o D g hand of th e fe d e r a l t h is w e r e w it h h e ld pow er t h e r e ig n i f THE CHK0N1CLE. J u l y 18, 1896.] th e m ob w o u ld b e e a s y e n o u g h .” O n t h i s fe a t u r e , re fe r r e d to b y C o lo n e l W a tte r s o n in s u c h s t r o n g te r m s, w e 93 o f g o in g a ll to p ie c e s . S a m e c o n c e s s io n s fr o m th e ta r iffs fo r m e r ly p r e v a ilin g s e e m d e s ir a b le in t h e in t e r e s t o f h a v e w r itt e n a n a r t ic le , a n d i t w ill b e f o u n d o n a s u b b o th t h e p r o d u c e r s a n d t h e r a ilr o a d s , t h e b e n e fit to N o d o u b t m a n y o f o u r r e a d e r s h a v e in t h e la t t e r r e s u l t in g fr o m t h e s h i p p in g o u t o f s u p p lie s seq u en t p age. p a r t fo r g o t t e n t h e f a c t s . r e c a ll h o w W e b r in g th e m to g e t h e r to “ m o n s tr o u s ” t h i s s i n g le p a r a g r a p h o f t h e p la tfo r m is , a n d y e t t h a t is o n ly o n e f e a t u r e . p o li t i c a l o r g a n is a tio n i n a n y E a s te r n C an a S t a t e o r c it y a ffo rd to in d o r s e s u c h a p a r ty c a n d id a t e ? T h e d e m a n d fo r t h a t p u r p o s e h a s d im in is h e d t h is w e e k , a n d o n e o f t h e B u llio n b r o k e r s p u b lic ly a n n o u n c e d o n W e d n e s d a y t h a t h e w o u ld a s s is t in o n ly s u c h a m o v e m e n t , a n d w o u ld fu r n is h to th o se r e q u ir in g i t fo r le g itim a te not g o ld p u r p o se s . th e M is so u r i t h e r a te on th a t g e n e r a l b u t th e y d o n o t m e e t w it h s u c c e s s , a n d a t o n e b a n k s ta n c e s i t w ill m ake cou rse w h ic h u ry, w as w o u ld te n d to em b arrass th e in fo r m e d th a t if he in s is t e d a T reas in h is d e m a n d h e w o u ld b e fu r n is h e d w ith le g a l te n d e r s a n d h e c o u ld th e n m a k e a p p lic a tio n d ir e c t ly a t t h e T r e a s ury. H e d e c lin e d to a c c e p t t h e o ffe r o f le g a l te n d e r s , a n d d id n o t g e t th e g o ld fr o m t h e b a n k . of th e exchange sh arp of r is e in O ne fe a tu r e m a r k e t w h ic h w ill a c c o u n t f o r th e lo n g s t e r lin g h a s b e e n s o m e b u y in g th e s e b ills fo r in v e s t m e n t b y t i m id p a r tie s o f poor under th e b e n o e a sy ta s k fo r ir o n f u r n a c e s *in b la s t, a n d of d e p a r tm e n ts o f s u r p r ise to b u s in e s s fin d th e m a r k e t fo r t h e in th e ir o n sto p p a g e p ronounced is th a t h a v in g b e e n la t e reduced and m o n th s h o u ld b e n e fit I t is n o d o u b t w ise a c tio n have b een m ore th e p r o d u c tio n by fu r t h e r W e sh ow to -d a y in o u r a r t ic le o n th e b r e a d s t u fls e x p o r ts t h a t w e w ith la s t g e n e r a l s it u a u n s a tis fa c to r y . w as h a r d ly as p o s s ib le , c u r t a i lm e n t N ovem ber to n s p e r w e e k , A t t h e 'a t te r f ig is s t i l l la r g e , b e in g a t t h e ra te o f th e fa r m e r is n o r e v ie w r e p o r te d in o p e r a tio n to n s a y e a r , a n d i t th a t th e W e s te r n it it s b e e n su p p o se d 1 8 0 ,5 3 2 to n s . p e r 1 0 0 lb s . in t h e o n e e s s e s t im u l a t in g t h e e x p o r t m o v e m e n t o f c o r n . th e n o t q u it e 1 ,7 0 0 fr o m 1 8 2 ,2 2 0 to n s to u r e t h e p r o d u c tio n a n d 5^ c e n t s in t h e o th e r . in J u n e 1 , a n d t h e c a p a c it y o f th e fu r n a c e s 9 £ m illio n 5 c e n ts r e fle c ts t h e and s a y in g d e c id e d ly m ig h t h a v e c e n t s , a n d t h e r a te fr o m M is s is s ip p i R iv e r p o in t s to th e s t a n t ia l r e d u c t io n — c o m p a n ie s to s t a g n a n t, w eek th e as are tr a d e se a b o a r d fr o m 2 3 c n t s to 1 7 j c e n ts . T h is is a s u b be c ir c u m a b s o lu t e ly n o e x co u rse it “ A ge” o n ly th r e e le s s fu r n a c e s b e in g h a s r e d u c e d t h e r a te o n c o r n fr o m th e s t r if e of p r e v a ilin g c o n d it io n s in t h e in d u s t r ia l w o r ld . We c a n n o t e x p e c t a c t i v it y in t h e ir o n tr a d e w h e n o th e r J u ly 1 t h a n T r a ffic A s s o c ia tio n The to e n t a il a n e e d le s s s a c r i g e n e r a l d e p r e s s io n in b u s in e s s are le a d in g t h e r a il r o a ls C h ic a g o to N e w Y o r k fr o m 2 0 c e n t s p e r 1 0 0 lb s . to 15 b est t h e r e is t o m a k e s o m e r e d u c t io n s in t h e ir ta r iff r a te s. T h e J o in t th rea ten ed . T h e “ I r o n A g e ” h a s c o m p ile d it s u s u a l m o n t h ly s t a te m e n t s h o w in g t h e n u m b e r a n d c a p a c it y o f th e p ig The th e w as fice o f t h e ir r e v e n u e s . tio n p r o d a c ts a n d lb s. T h e y sh o u ld agree up on c u s e fo r a c o u r s e c a lc u la te d o f th e T h e lo w p r ic e s r u li n g fo r fa r m c e n ts and tim e s d o n o t a d m it o f E ven b o th e n d s m e e t , a n d j u d g m e n t , w h o d e s ir e to p la c e t h e ir m o n e y w h e r e th e y g o ld The t h e r o a d s. fa n c y i t w ill b e m o r e s e c u r e a n d w h e n w a n te d . o b ta in a b le in 13 c e n t s p e r 100 s u c h a r e d u c tio n as s e e m s n e c e s s a r y b u t a v o id a r u in th e p u rsu e C h ic a g o 11 d e m o r a liz a t io n tw e e n to to corn ro a d s s h o u ld a c t c o ll e c t i v e ly . c o r r e s p o n d e n ts i n t h is c i t y fo r g o ld in v a r io u s su m s, not and B u t d is p a tc h e s th is w eek have r e p o r te d t h a t c o r n w a s b e in g t a k e n a s lo w as 9 c e n t s p e r 1 0 0 l b s ., a n d o u s r a te w ar. a d v is e d R iv e r o a ts S o m e o f t h e in t e r io r b a n k s c o n t in u e to a p p ly t o th e ir a p p lic a n t, a f t e r b e in g B u t a w a r o f r a te s e r n r o a d s la s t w e e k d e c id e d to m a k e t h e r a te o n w h e a t fr o m H o a r d in g g o ld in a sm a ll w ay w a s a f e a t u r e a t t h e c lo s e o f la s t w e e k . w h ic h are n o w b e in g h e ld b a c k . c a n o n ly le a d to d is a s te r . O n a c c o u n t o f r e d u c tio n s b y so m e o f th e r o a d s t h e e x e c u t i v e o ffic e r s o f t h e W e s t of m ark ed . it is is th e of r a th e r n o te w o r th y p roduct S till 2 1 7 ,3 0 6 seen th a t s h o u ld w hen to n s th e r e not w e com p are per has w eek b een a v e r y s u b s ta n tia l f a l l i n g o ff fr o m t h e m a x im u m fig u r e . s h ip p e d a b ro a d in t h e la t e fisc a l y e a r a lm o s t 100 m illio n W e m a y s t a t e fu r t h e r m o r e t h a t s in c e la s t D e c e m b e r n o b u s h e ls le s s t h a n 5 1 fu r n a c e s h a v e g o n e o u t o f b la s t, t h e n u m s h o u ld s till of corn, h ave th e m ore. and th e e ffe c t o f The a c tio n now announced th e m ovem ent b er o f a c t iv e fu r n a c e s t h e n h a v in g b e e n 2 4 2 a g a in s t 1 9 1 a re dow s w e llin g s u p p lie s of corn very E v e n w ith so m a n y fu r n a c e s r e d u c e d to id le n e s s , . a b u n d a n t, a n d a t t h e lo w p r ic e s p r e v a ilin g t h e r e se e m s s t o c k s h a v e g o n e o n in c r e a s in g , a n d fo r J u l y 1 th e to b e an e x c e l le n t fo r e ig n d e m a n d fo r it . r e p o r ts t h e A ll t h e co rn to t a l 8 1 5 ,8 7 2 to n s , a g a in s t t h a t g o e s o u t te n d s to t h a t e x t e n t to d im in is h t h e p r e s J u n e 1 a n d 5 8 9 ,0 2 6 to n s F e b r u a r y 1. su re a t h o m e. fo r s i x t y d a y s . g r o ss a n d T h e n e w r a te s a re to r e m a in in fo r c e W e n o tic e t h a t t h e f r e i g h t a g e n ts o f “Age” 7 8 5 ,9 4 3 to n s W e p r iu t to -d a y o n a n o th e r p a g e o u r r e v ie w o f th e net e a r n in g s of U n it e d S ta t e s ra ilr o a d s t h e C e n tr a l F r e ig h t A s s o c ia tio n , in m e e t in g t h i s w eek fo r th e m o n t h o f M ay. F o r J u n e w e h a v e o n ly a fe w t o c o n s id e r th e a c tio n o f t h e J o i n t T r a ffic A s s o c ia tio n in e a r ly r e tu r n s y e t . P it t s b u r g C in c in n a t i C h ic a g o t h is m a tte r , d e c id e d & S t. to a sk t h e N e w Y o rk B o a rd to The L m i s R a ilr o a d , o n e o f th e lin e s in t h e P e n n s y l l i m i t t h e 15 c e n t r a te to e x p o r t c o r n a n d to resto re v a n ia R a ilr o a d s y s te m , r e p o r ts fo r t h e 2 0 - c e n t r a te o n c o r n fo r d e c r e a te d o m e s tic c o n s u m p tio n . in g r o ss , 1 3 9 ,5 0 8 T h i s lo o k s l i k e a n e x c e l le n t s u g g e s t io n ; t h e lo w -r a te P itt s b u r g o n e x p o r t s h ip m e n t s w o u ld a c c o m p lis h th e p u r p o se o f B a ltim o r e & to p r o c u r e th is w eek s e n d in g th e corn o u t o f te n a n c e of th e t h e c o u n t r y , w h ile t h e m a in 20 - c e n t r a te on d o m e s t ic s h ip m e n ts June. & W e s te r n , O h io w h ic h s y s te m , th e F o r M ay g r o ss is n e t 8 9 5 ,0 2 2 d e c r e a se a g a in s t t h a t m o n t h 8 9 ,1 7 4 in n e t . fo r m s we part have F o r th e of been th e a b le fig u r e s fo r b o th M ay a n d 8 2 7 8 ,0 4 2 a g a in s t 8 2 5 9 ,4 5 0 , w o u ld h a v e t h e e ff e c t o f p r o t e c t in g t h e r e v e n u e s o f th e an d ro a d s to a c e r ta in e x t e n t , fo r th e r e c a n b e l i t t l e or n o 8 3 0 1 ,8 1 5 a g a in s t 8 3 3 6 ,6 6 5 , a n d 8 8 4 ,3 3 2 ; fo r net J u n e g r o ss is 8 1 1 6 ,3 0 4 a g a in s t p r o fit in m o v in g g r a in a t 15 c e n t s p er 1 0 0 lb s ., as th a t 8 8 0 ,7 1 7 . is e q u iv a le n t to a r a te o f h a r d ly o n e th ir d o f a c e n t p er to n p er m ile . J u n e h a s g r o s s o f 8 3 8 5 ,1 2 7 a g a in s t 8 3 4 2 ,5 7 0 a n d n e t o f 8 1 2 9 ,5 5 6 a g a in s t 8 1 2 8 ,7 0 5 ; th e T o le d o P e o r ia & W e s t T h e N a s h v il le C h a tta n o o g a & S t. L o u is fo r in ern g r o ss o f 8 7 8 ,2 9 1 a g a in s t 8 7 3 ,3 4 2 , a n d n e t o f 8 1 9 ,b a 3 9 2 2 a g a in s t 8 6 ,6 7 1 ; a n d t h e S a n F r a n c is c o & N o r t h b r o k e n o u t a m o n g th e r o a d s, an d r a te s 3eem in d a n g e r P a c ific g r o ss o f 8 7 0 ,8 5 2 a g a in s t 8 8 1 ,7 7 8 , a n d n e t o f W e s t o f C h ic a g o a ls o s o m e c o r n r a te s have been m ade. m a te r ia l But r e d u c t io n s th e r e tr o u b le t h e c h r o n ic l e . 94 $ 2 0 ,5 7 0 flg a ii s t * 3 7 ,5 0 1 . T h e fo r e ig n e x c h a n g e m a r k e t h a s b e e n s t r o n g t h i s T h e fo llo w in g c o m p a res th e w e e k , in f lu e n c e d b y t h e p o lit ic a l s it u a t io n , w h ic h h a s e a r n in g s fo r fo u r y e a r s o f a fe w ro a d s, w h ic h h a v e th is in d u c e d so m e b u y in g o f lo n g s t e r lin g fo r i n v e s t m e n t ; w e e k fu r n is h e d r e tu r n s fo r e it h e r M a y or J u n e . -J u n e Earninos 382,256 142.091 1,429.009 478,709 77.222 31,113 80,608 20,108 350.289 129.363 1,087,107 298,061 77.923 32.841 00,725 5.698 342.570 128.705 1,228.653 403,629 81.778 385.127 129.566 P itts . Ctn. C hic, A S t. L ....... Gross 1.219.479 361. U 2 70.862 Bon F ra n . * N o . P a c ........... ,.Gro« 29.571 Not 7H.291 > P e o r ia A W e s te r n .. .G ross 19.922 N et N ot * f » 9 Nam* o f Roa 1— Saoh. C h a t . '* 8 t. L o u is .......G ro ts 37.602 79.312 6.671 -M a y E am ivot.- ' 4 MV am* of tttxuf— 316,067 74,508 929.146 C e n tra l P a c ific ........................Gross 279.237 N et 53,967 C in. J a ck son A M a c k ............ Gross 3,904 N et G ra n d T r u n k ...........................G ross 1,459.177 •193.8-13 N et 283.783 L a k e B rio A W e s t e r n ............G ross 102,250 N et 260.812 L o u is . N . A lb . A C h ic ............ G ross 78.170 N et 395.275 M e x ic a n N a tio n a l...................G ross 173,809 N et 60,949 M e x ic a n N o r t h e r n ................. G ross 35.710 N et 282.570 O regon Im p r o v e m e n t C o. ,. Gross 28,867 Not 391.563 P h ila d e lp h ia A E r ie ..............Gross 127,115 N et Bturl. Cod. R ap . A N o r th ....... Gross N et 2,012 1,445.458 492.524 296.097 102,285 255,523 87,798 309,506 169,878 61.970 31.891 291,898 51,671 379.387 125.514 pence. s h ip p e d $ 3 7 5 ,0 0 0 g o ld t o Eoi.r” '' 302,flc0 115,607 298,573 100,056 373.734 140,857 F r e r e s s e n t $ 6 0 0 ,0 0 0 g o ld to F r a n c e a n d L . v o n H o f f m a n & C o . $ 3 0 0 ,0 0 0 to G e r m a n y , a n d i t w a s t h e n r e p o r te d $ 3 ,2 7 5 ,0 0 0 . e a r ly in t h e day 317,942 57,474 507,784 231,155 to o b ta in th e m o n e y w h en th e y sa m e t i m e r e -d isc o u n tiD g for lo c a l in s t it u t io n s M oney lo a n e d t im e on c a ll e a r ly c e n t. are lo a n s or out r e p r e s e n tin g in th e w eek O n W e d n e sd a y , in lo a n s in c i d e n t to of th e m arket fo r c o m m e r c ia l b a n k e r s’ at 1-J and p ap er. b a la n c e s at 2 p er c o n s e q u e n c e o f s h if t in g o f t h e u n s e t t le d s t o c k to B row n m a d e in th e and t h e ir p o s te d r a te s t o 4 88 4 8 9 fo r s ig h t, b u t n o c h a n g e w as r a te s fo r a c tu a l b u s in e s s , w h ic h r e m a in e d a t 4 8 7 @ 4 8 7 i fo r lo n g , 4 8 8 @ 4 88 i f o r s h o r t an.d 4 88 J @ 4 884 fo r to n e c a b le tr a n s fe r s . w as q u o te d stro n g O n t h e f o llo w in g d a y t h e a n d r a te s fo r a c t u a l b u s in e s s a d v a n c e d o n e -q u a r te r lo D g , o f a c e n t t o 4 87-£@ 4 8 7 4 4 8 8 i @ 4 8 8 4 fo r s h o r t a n d 4 884 @ 4 88 f fo r c a b le tr a n s fe r s. O n W ed n esd a y B ro w n advanced t h e ir fo llo w e d by p o s te d th e H e id e lb a c h , be so m e B ank of I c k e lh e im e r and urgen cy in fo r a c tu a l r a te s w ere m a r k e d u p to 2 a n d 2£ p e r c e n t , a n d so m e m o n ey 4 89@ 4 894 lo a n e d a t 3 p e r c e n t. day fo r lo n g , fo r c a b le B a r in g , M agoun B r o s, fu r t h e r r a te s h a lf a c e n t a n d t h i s w a s B r it is h & C o ., th e N o r th T h e r e a p p e a r e d to dem and b u s in e s s fo r w ere 4 8 8 f@ 4 89 tr a n s fe r s . & C o ., A m e r ic a , L azard F reres and t h e M e r c h a n ts ’ B a n k o f C a n a d a . 8 7 | @ 4 88 t h e q u o ta tio n w as E urope B r o s, a d v a n c e d s ix ty -d a y m a r k e t, rates T h e r e a fte r be w it h w eek in te r io r h a s b e e n la r g e , an d for th e s e fo r w o u ld w ere T h e m a r k e t o p e n e d firm o n M o n d a y , a n d w ere e it h e r a m o u n ts $ 2 , 000,000 y e s te r d a y , m a k in g t h e to t a l fo r r e a so n s la r g e o n ly fo r are b o r r o w in g fo r u s e in t h e fu t u r e , f e a r in g th a t p o ssib ly A t th e but d r a w n fo r t h a t p u r p o se th e y m a y n o t b e a b le th e to -d a y , s h ip m e n ts to m e r s o f t h e c it y b a n k s fo r a c c o m m o d a tio n , an d m an y b a n k s in t h a t c o m p a r a tiv e ly s h ip p e d T h e r e h a s b e e n a g o o d d e m a n d t h is w e e k fro m c u s r e a lly n e e d it . G e r m a n y , $ 3 0 0 ,0 0 0 o f t h i s m e n t S a tu r d a y , b u t n o t s e n t t h e n . O n T h u r s d a y L a z a r d fo r 309.008 80,553 is 7 7 s h i ll in g s 9^- O n T u e s d a y , H e id e lb a c h I c k e lh e im e r & O o. b e in g t h e b a la n c e o f $ 5 0 0 ,0 0 0 ta k e n F r id a y fo r s h ip 310.858 63,192 1.330.248 566.408 52,240 5,195 1,574.915 e0,744 a c c o u n t, and b y a 4^ p e n c e p e r o u r ic e , w h ile b ar g o ld * * 280,659 68.324 1,110.827 403,812 40.138 3,643 1.428.280 474.289 269,547 91.755 233,005 76.818 378.583 109,571 58,409 31,820 810.940 292.476 72.891 1.059,808 305.094 43.510 o f s t o c k s fo r E u r o p e a n fir m e r to n e fo r A m e r ic a n g o ld in L o n d o n a t 7 6 s h i ll in g s 1893. 1894. 1895. isw T ” b y s e l li n g 1898 1894. 1896. 1896. [VOL. LXIIl. fe r On th e exchange, q u o te d th e B ank sh ort at and f o llo w in g of M o n t 2 @ 2 4 p er c e n t, a n d t h e a v e r a g e fo r t h e w e e k w as a b o u t r e a l a n d t h e C a n a d ia n 2£ p er c e n t , la r g e s u m s h a v in g b e e n t a k e n ea rly in th e th e ir p o s te d r a te s h a lf a c e n t , m a k in g w e e k a t 1 | p e r c e n t. d a y a n d 4 8 9 4 fo r s i g h t u n if o r m b y a ll t h e d r a w e r s; b u t B a n k s a n d tr u s t c o m p a n ie s q u o te 2-J p er c e n t as t h e m in im u m . p o s itio n to m a k e tim e T h e r e is v ery li t t l e d is c o n tr a c t s , e x c e p t on c h o ic e th e o n ly c h a n g e lo n g , w h ic h in B ank r a te s of C om m erce advanced 4 8 8 4 fo r s ix t y fo r a c tu a l b u s in e s s w a s in w as ad van ced to 4 8 8 @ 4 8 8 4 in c o lla te r a l, a n d a t t h e sa m e tim e t h e d e m a n d is n o t la r g e a n d c h ie fly fo r lo n g d a te s . Q u o ta tio n s o n g o o d q u e n c e o f t h e d e m a n d fo r t h is c la s s o f b ills . S to c k E x c h a n g e k e t c lo s e d s te a d y , a n d d r a ft s a g a in s t in t e n d e d g o ld e x per ce n t fo r th ir ty p o r ts o n S a tu r d a y w e r e d a y s, 3+ p er c e n t fo r s ix t y to n in e t y d a y s, 4 per c e n t f u t u r e s , d e liv e r a b le n e x t fo r fo u r m o n th s , s e c u r ity are 3 4 4 p er c e n t fo r fiv e to s ix m o n th s ; 4 87£. h u t b orrow ers w it h e x c e p tio n a lly g o o d s e c u r ity ca n o b so m e t a in a sh a d e lo w e r r a te s. th e F o r th e r e a so n s m e n tio n e d bankers c lo s e w as q u o tin g fo r c o m m e r c ia l p a p e r a n d o ffe r in g s sh o w a s lig h t in d r a w e r s. | R a te s are n o m in a lly o @ 5 £ p e r c e n t fo r s ix ty n in e t y day e n d o r se d b ills r e c e iv a b le , 5^@ 6 p e r c e n t fo r p r im e a n d 6@ 7 c e n t fo r g o o d fo u r to s ix m o n t h s ’ s in g le n a m e s. ers r e p o r t th a t n o b u s in e s s is d o in g . T here have b een no fe a tu r e s o f per B rok in te r e s t in th e E u r o p e a n fin a n c ia l s itu a tio n th is w e e k . T h e B ank of E n g la n d r e m a in s m in im u m r a te c h a n g e d a t 2 p er c e n t. of d is c o u n t c e n t. L on d on 9 1 6 @ f per T h e o p e n m a r k e t ra te a t P a r is is 2 p er c e n t a n d a t B e r lin a n d F r a n k fo r t i t is 2 f p er c e n t . to o u r s p e c ia l c a b le la n d un T h e c a b le r e p o r ts d is c o u n ts o f s ix ty to n in e t y d a y b a n k b ills in g a in e d fr o m £ 2 9 4 ,4 9 9 A c c o r d in g L o n d o n th e B a n k o f E r g b u llio n h e ld a t t h e c lo s e o f t h e w e e k d u r in g th e w eek a u d £ 4 8 ,1 8 7 ,6 6 8 . fir m . The ta b le b y le a d in g D A IL Y PO STE D R A T E S F O R F O R E IG N E X C H A N G E . O u r co r F r i .. M o n ., 87* ss* 88 89 88 89 88 89 88 89 88 89 88 89 88 89 88 89 88 89 88 89 88 89 T u b s ., 5 60 d ays. < S ig h t.... B a rin g. J 60 d a ys. M a go u n & C o.. 1 S ig h t.... Bank B ritis h $ 60 d ays. N o. A m e r ic a .. \ S ig h t.... B an k o f 5 00 d ays. M o n t r e a l......... (S ig h t .... C an ad ian B a n k S60 d a ys. o f C o m m e r c e .. j S ig h t .... H e id e lb a c h , Ic k - S60 d a y s . e lh e im e r & Co. < S ig h t.... 5 60 d a y s . L a z a r d F r e r e s ... < S ig h t.... M e rc h a n ts ’ Bk. i 60 d a ys. o f C a n a d a ........ } S ig h t,... B row n B ro s ........ A u s tr a lia a n d £ 6,000 e d .. 8S 89 88 89 88 89 88 89 8 8 -* 8 9 -* 88 89 88* 89* 88 89 88 89 88* 89* 88* 89* 88* 89* 88 S9 88 89 88 89 88 89 PS 89 88 89 89 89 88 89 TE tJR .. F R I.. 88* 89* 88* 89* . 8f=* 8 f* 88* 89* 88* 89* 88* 89* 88* 89* 88* 88* 89* 88* 89* 88* 89* 88* 80* 88* 89* 88* 89* 88* 89* §s* 89* T h e m a r k e t c lo s e d s te a d y to firm o n F r id a y a t 4 8 8 4 fo r s i x t y d a y a n d 4 8 9 4 fo r s i g h t , a n d r a te s fo r a c tu a l b u s in e s s w e r e 4 88 f @ 4 8 9 fo r 4 8 8 @ 4 8 8 4 fo r lo n g , s h o r t a n d 4 8 9 @ 4 8 9 4 fo r c a b le tr a n s fe r s . @4 87*. s e n t to t h e in te r io r o f G rea t B r ita in an d W July 10. July 13. J u ly 14. J u ly 15. J u ly 16. July 17. £ 2 2 ,0 0 0 fr o m f o l lo w in g r a te s fo r e x c h a n g e m e r c ia l b il ls w e r e 4 8 7 4 @ 4 8 7 f a n d ret e a s ie r , 4 8 7 f @ 4 88 e a r ly in t h e d a y ; r e s p o n d e n t fu r t h e r a d v is e s u s s h a t t h e g a in w as d u e to to im p o r ts o f £ 3 1 0 ,0 0 0 fr o m P o r tu g a l. s o ld a t 4 8 7 @ w as a little 5 4 @ 6 p er c e n t fo r fo u r m o n t h s ’ c o m m is s io n h o u se and fir st-c la ss s in g le n a m e s , m o n th , w ere s te a d y to sh o w s t h e d a ily p o s te d to p r o m p t ly a b so r b e d , a n d g r a in Y e s te r d a y lo n g s t e r lin g a b o v e t h e c it y b a n k s g e n e r a lly are o u t o f t h e m a r k e t c r e a se . con se T h e m ar P r im e c o m d o cu m en ta ry 4 87 T h e f o llo w in g s t a t e m e n t g iv e s t h e w e e k ’s m o v e m e n ts I o f m o n e y t o a n d fr o m t h e in t e r io r b y t h e N . Y . b a n k s . THE CHRONICLE. July 18, 1808.j 95 of the lines east from Chicago. The rioters held pos session of all the railroads centering in Chicago, boast $4,150,000 $2,486,000 <Jaln,$l,664,000 ing on the first of J uly that they had tied up no less 260,000 619.000 Sold . . . . . . .... ............... ........... ..... ir e s . 353,000 lo t a ! gold and legal tenders...... S4,418,00 $3,105,000 Qatn.Sl,311,000 than thirty five railroad lin es; they refused to allow any trains to be moved, for days not a bushel of grain Result with Sub-Treasury operations, etc. was brought into Chicago, and hardly a pound of In to Out of N e t Change in W e t k E n d in g J u l y 1 7 . 1996. freight was allowed to go out or come in ; here in the R a n k s. B anks. B a n k Hold in g s. Banks’ Interior movement, a« above 14.416.000 f3 .1 05.00 0«aln .si,311,000 East the price of meat advanced to high figures be Sab-Treaa,oper.&nd gold exports.,. 18.500.000 19,500,000 Los*. 1,000,000 cause no supplies could come forward from Chicago. Total gold and Segal tender*..... *■22,918,000 S22.60S.000 Gain. -211,000 Emboldened by their success, the rioters knew no restraint. Whenever an attempt was made to run a Amount of bullion in principal European banks. train, they pulled off the men handling it and treated J u l y 18,1895. J u l y 18,1308. Bank of them most outrageously. They tore up rails and ties, Gold, j s a v e r . T ota l. Sflwr. | Total. G o ld . overturned cars and engines, and finally in their frenzy £ £ £ & f £ | £ 37,523,739 burned cars by the hundreds at the Stock Yards and ........ \ 48.187,668 37,523,739 England-.... 48,187.608 F ran ce... ... 81,876,295 50,140,072 132.016.367 81,711,872 50,200.255 131,972,127 Crerattn?*.... 28,971,966 14.485.984 43,157,950 31.908.432 15.880.568 59.739.000 elsewhere, and destroyed large amounts of property 27,313,000 12,887.000, 40.200.00C' 19,950,000; 13,368,000 33.318.000 generally. Having stopped operations on about half 8.400.000 11.540.000 19,916,000 8.904.000 12,350,000 20.354.000 Spain.... ..... 2.635.000 6,920.000; 9.355,000 4383.000 6,997,000 11,2;0,000 the mileage of the country, they threatened to bring to Netherlands NaLBelgiara* 2,628.607; l,3i 4.333 3,943,000 2*084,667j 1.342.333 4,027,000 a standstill the other half. More than that, they Tot-thl* weak M».018,5#«19?,28?.3S0 M7.S06.a86 ISS.OK.tlO IOOU81IS«:289.213,8«8 undertook to call out the employes in all other trades. Toupref. r t n>9.»ie,«.:i 97,imx-'.a sw.-tro.*:.*) s-vyrw.’ .n w .c .;;m h * The dWMon (between sola and silver) given la otir table of coin A condition of general anarchy was fast developing. en d bullion In the Bank o f (le n n a n y and the Bank o f B elgiu m is made fro m the beat estimate we are able to obtain; In neither ease Is it The courts were appealed to and issued injunctions, claim ed to be accurate, a» those banks make rio distinction in their Tne marshals w eek ly returns, merely reporting the total sold and silver, bat we but the rioters paid no heed to them. believe the division we make Is a close approximation. and their deputies were unable to subdue the lawless N . — W * receive t h e foregoing results weekly by cable, and while not all o f t h e date given at the h e a d of the column, they are the r e * element or enforce the processes of the courts. The toms issued nearest to that date—that Is, the latest reported figores. carrying of the mails wa3 openly obstructed In defiance of the Federal law. To European eyes the trouble THE DEMOCRATIC PLATFORM AND THE looked so serious that some of the English papers de CHICAGO RIOTS. clared it was not merely rioting but civil war that ex There is one part of the platform adopted at the isted; and indeed the occasion was snch that even the ■Convention last week to which we have already made most optimistic among our own people could not re allusion, but which deserves a little further analysis press a feeling of fear and doubt as to the outcome. It was at this juncture that the Federal Govern for the purpose of showing the motives that dictated its insertion. It is particularly significant as indicat ment intervened to uphold the supremacy of the ing the nature of the elements that have allied them law. On Sunday, July 8th, the President issued selves with the advocates of free silver in their present his proclamation declaring that it h a l become crusade. impracticable to enforce by the ordinary course of We refer to the plank in the platform which de judicial proceedings the laws of the United States nounces the “ arbitrary interference by Federal au within the State of Illinois, and especially in Chicago, thorities in local affairs as a violation of the Consti and commanding the rioters to desist and disperse. tution of the United States and a crime against free This was followed the next day by another proclama institut io n s/'an d upon which we briefly commented tion directed against the rioters in North Dakota, Mon last Saturday. It will at once be recognized that this tana, Idaho, Washington, Wyoming, Colorado and is aimed at the action of the United States Govern California, and the territories of Utah and New Mexico. ment, at the time of the Chicago riots, in intervening Before the issue of these proclamations Federal troops to put down the spirit of lawlessness then prevailing. had garrisoned every railroad station in Chicago, But does the public appreciate fully what it means to and both the Northern Pacific and the Union Pacific c o n d e m n F e d e r a l in t e r v e n t io n u n d e r s u c h circumstances had been placed under military control. These meas and on such an occasion. We are so prone to dismiss ures served to quell the riots, and the trouble quickly events from our thoughts after they are oast that un subsided in Chicago, so that regular train service was less an effort is made to recall to mind some of the resumed after a few days; in the remoter parts of the salient features of the occurrence, we are apt to lose country the work of restoring order was a little slower sight of the character and magnitude of that disturb but none the less effective. This recital will serve to call to mind the alarming ing episode in our national history and the serious character of the disturbance arising out of the rail consequences which it threatened. Those were anxious days ia the early part of July, road strike in 1891. It is proper to say that the strike oniy two years ago, when the lawless element held our was as causeless as in its progress it proved subversive great transportation interests in subjection, stopped of law and order. Some of the employes in the Pull commerce, defied the authorities and f or a time men man car shops had a disagreement with the Pullman aced the very foundations of society and the Govern company, and to bring pressure to bear on the com ment. I t will be remembered that the strike was pany the American Railway Union made a demand inaugurated by the American Railway Uoion, under upon the railroads to stop handling Puilman cars; this the leadership of Debs; that it began the latter part the railroads refused to do and the strike was the result. of June, but did not develop its serious phases until It will he interesting to give a few figures to show the the early days of July, The centre of the disturbance extent to which the business of the railroads and was at Chicago, bat the trouble extended all the way the commerce of the country were paralyzed during to the Pacific coast in the one direction and down to the time when the trouble was at its worst. The Louisville and Cincinnati in the other, involving the Chicago & Eastern Illinois in the first week Louisville & Nashville, and likewise embracing several of July earned only $8,244, against $93,643 W e e k .E n d in g J u l y 17. o t s ISO<5. R e ceived b y N. F. Sh ip p ed b y B anks. N . Y . B anks. N e t I n t erio r M o v e m e n t. THE CHRONICLE. E9(5 fVoL. LXIII, in t h e sa m e w e e k o f th e p r e v io u s y e a r , a n d t h e c o m p a r iso n fo r t h e s e c o n d w e e k w as b u t li t t l e c a te d by th e s e S e n a te r e s o lu tio n s . b e tte r . T n e C n ic a g o & G r a n d T r u u k t h e fir st w eek c o n n e c ts i t w ith t h e p r e s e n t t im e , r e m a in s to b e r e earned o n ly la t e d . $ 6 ,5 5 5 a g a in s t t h e W a b a sh , a s y s te m $ ? 5 ,0 0 3 m ile s o f ro a d , e a r n e d o n ly $ 4 5 ,2 6 7 The e a st-b o u n d in 1893, and o p e r a tin g n e a r ly tw o th o u s a n d fr e ig h t a g a in s t $ 2 7 0 ,1 0 1 . m ovem ent fr o m C n ic a g o p o r ta n t p a r t o f th e W e m ean am ong th e s e a m o u n te d to o n ly 1 1 ,6 6 6 to n s in th e fir st w e e k o f J u ly G rvernor of a n d to b u t 4 ,1 4 2 th a t su ch a m an w as to n s in t h e s e c o n d w e e k , w h e r e in la s t w e e k r io t o u s a c ts a t t h e tim e F o rem o st m ost im in e n c o u r a g in g t h e s t r ik e i n 1 8 9 4 . I llin o is . in t h e w as as now th e fa ct C h ie f E x e c u t i v e ’s c h a ir , and to n s . e x e c u t i v e s n o t a w h it b e tte r t h a n h e , t h a t g a v e s u c h O n t h e P a c ific r o a d s th e d if fic u lty , as a lr e a d y O n t h e N o r t h e r n P a c ific n o th r o u g h tr a in s r e a c h e d S t . P a u l fr o m c o a s t fo r a p e r io d o f e ig h t e e n th e P a c ific d a y s, a n d m o s t o f o u r o t h e r P a c ific road s fa r e d h a r d ly a n y b e tte r . O f c o u r se an a la r m in g a s p e c t a c te d p r o m p t ly h a v e b e e n n ip p e d k n e w t h a t in t h e and a s p e c t o f th e m a tte r w h ic h g a v e m o s t c o n c e r n w as th a t te n c e s u n t i l t h e P r e s id e n t in te r fe r e d it s e e m e d as i f t h e w h o le on c o u n tr y p la n s. w ere h e lp le s s a m o u n ts th e r e life of to m ob p r o te c t p r o p e r ty appeared or under to p r o p e r ty . been no The a n d th a t w e o u r s e lv e s . had be r u le E norm ous d e s tr o y e d , s e c u r ity r e lie f fo r fe lt w hen an d e ith e r th e to th e situ a tio n . in th e bud I l li n o is ernor h ad b een in not no a c tio n s it u a t io n . h a r d ly b e d e sc r ib e d . fo r c e d to th e y h ad c o u ld v io le n c e enacU d id tr o u b le w o u ld a n a lly a c ts as G o v bn p r a c t ic a lly and every th e n o th in g , w it h W hen P r e s id e n t fin a lly in t e r v e n e , th e th e I llin o is lo v e s h is c o u n tr y , e v e r y m a n w h o r e c o g n iz e s th a t ord er h is tr u e s p ir it a n d p u r p o se . t h e ir w hen m ercy or a t c o m m e n s u r a te to b lo o d s h e d s id e , v . s v ir t u a ll y a t sen be d ep en d ed :n o u s o b s t a c le s seem * w h o le p o p u la t io n m ob, h e A ltg e ld B u t t h e s tr ik e r s h is fir st he %'r in t e r p o s e b e in g had to p a r d o n ^ h e a n a r c h is ts s e r v i n g W hen w ere H id th e G overnor p r is o n — k n e w 1 to S ta te s c o n s p ir a c y w o u ld and a fr ie n d — k n ew th a t o n e of E x e c u t iv e d id h is d u ty a n d r e sto r e d la w a n d ord er ca n U p to th is d ty e v e r y m a n w h o W e s te r n n e v e r h a v e r e a c h e d la r g e p r o p o r tio n s . in t e r e s ts e v e r y w h e r e su ffe r e d . S e r io u s th o u g h th e lo s s to o u r in d u s tr ie s w as, th e p a ss o th e r a n d v ig o r o u s ly , t h e i n p r o p o r tio n to th is p a r a ly s is o n t h e r a ilr o a d s, b u sin e ss w o u ld of th e n It p r e v io u s w e e k s t h e a g g r e g a te h a d b e e n a b o u t 4 5 ,0 0 0 s t a te d , w a s m o re p r o lo n g e d . n um ber of w as A l t g e l d , th e S ta te o f th a t a th e t h e p a r t p la y e d b y t h o s e p r o m in e n t a t t h e C h ic a g o C o n v e n tio n th e But h is to r y o f t h a t p e r io d , a n d w h ic h th e of le a s t n eed s th e to o k of th e C le v e la n d w as G overnor sh ow ed I n s t e a d o f a id in g a n d e n a n d j u s t ic e lie a t t h e fo u n d a t io n s o f s o c ie ty , fe e ls th a n k c o u r a g in g t h e P r e s id e n t , h e c o m p la in e d o f f u l to t h e P r e s id e n t fo r t h e r e s o lu te s ta n d h e to o k on in s e n d in g tr o o p s in t o I l l i n o i s , s a id t h e r e w as n o h is a c t io n t h a t o c c a sio n . B u t i t is t h is a c tio n t h a t th e C h ic a g o fo r t h e s te p , in d u l g e d in a l o n g a r g u m e n t to s h o w t h a t C o n v e n tio n m e a n s to h o ld u p to c o n d e m n a t io n w h en i t th e r e w a s n o v io le n c e o r d is o r d e r ( w h e n t h e c o lu m n s o f n eed d e n o u n c e s “ in t e r fe r e n c e b y F e d e r a l a u th o r itie s in lo c a l t h e n e w sp a p e r s w e r e t e e m in g w it h r e p o r ts o f v io le n c e a ffa ir s .” a n d t h e d e s t r u c t io n o f im m e n s e a m o u n t s o f p r o p e r t y ) , E v e n t h e S e n a te o f t h e U n i t e d S ta te s f e l t i t in c u m b e n t u p o n a p p r o v in g of s t r a n g e ly it s e lf a t t h e tim e to th e enough c o u r se th e s e of th e p ass reso lu tio n s P r e s id e n t. r e s o lu tio n s w e r e And in tr o d u c e d b y S e n a to r D a n ie l, w h o m t h e s ilv e r a d v o c a te s e le c te d T e m p o r a r y C h a ir m a n o f th e C o n v e n tio n la s t w eek (over S e n a to r H i l l ) , a n d w h o is n o w o b lig e d p la tfo r m to sta n d on a d e n o u n c in g t h e c o u r se p u r su e d b y h im in 1 8 ‘*4. a n d fin a lly w o u n d u p a lo n g t e le g r a m to t h e P r e s id e n t w it h a p r o te s t m a n d in g a g a in s t t h e P r e s id e n t ’s c o u r s e a n d d e “ t h e im m e d ia t e w ith d r a w a l o f t h e F e d e r a l tr o o p s fr o m a c t iv e d u ty ” in I l li n o is . T h is A lt g e l d w as o n e o f t h e c o n t r o l li n g p o w e r s a t t h e C o n v e n tio n la s t w e e k , a n d w it h t h a t f a c t in m in d i t is n o t d if fic u lt to s u r m is e w h o i t w a s o r w h a t i t w as t h a t d ic ta te d t h e d e c la r a t io n i n T h e o c c a sio n w h e n t h e S e n a te p a ssed t i e r e so lu tio n s t h e p la t f o r m a g a in s t F e d era l in t e r fe r e n c e i n lo c a l a f f a ir s . G overn or P en n o y er r e fe r r e d to w a s r e m a r k a b le fo r t h e f a c t t h a t a ll p a rty o ’ O e g o n w a s a n o t h e r o ffic ia l w h o e x p r e s s e d d is s a t i s f e e l i r g w as s u n k , in v ie w o f th e p e r ils th r e a t e n in g th e fa c t io n w it h t h e P r e s id e n t ’s c o u n t iy . w as d e c id e d ly in S e n a to r P e fU r had m ade one of h is a n a r e v id e n c e co u rse at th e c h is t ic a n d p o p u lis tic s p e e c h e s , w h ic h h a d d is g u s te d 1 is t every one. a- o th e r C h ie f E x e c u t iv e w h o in T h is p r o m p te d S e n a to r D a n ie l to in t r o d u c e h is r e s o lu tio n s . W h e n t h e r e s o lu tio n s ca m e up w eek. a c tio n of G overnor th e W a ite F ederal in 1 8 9 4 , a n d w h o p o li t i c a l of w as s t i l l 1894 d en ounced a u t h o r it ie s ; h e , t h e n e x t d a y M r. D a n ie l c o n c lu d e d to a d d a c la u s e 1 m g e d to t h e o p p o s ite fa v o r in g a r b itr a tio n , b u t t h e S e n a te w as in no m ood s t a n d in g th e s e p r o te s ts , t h e F e d e r a l p o li t i c a l g a th e r in g C o lo r a d o p a r ty . th e h o w e v e r , b eB u t n o t w it h G o v ern m en t per f o r d illy - d a lly in g , a n d e v e n t h is a m e n d m e n t (w h ic h s is te d in it s c o u r se , la w a n d o r d e r w e r e r e s to r e d , a n d o r d in a r ily , n o d o u b t, w o u ld h a v e b e e n c o n s id e r e d u n th e a c tiv e r in g le a d e r s in t h e c o n s p i r a c y — D e b s a n d h is o b je c t io n a b le ) c o u ld m u s te r o n ly e le v e n v o te s , in c lu d a s s o c ia te s — w ere p r o s e c u te d a n d c o n v ic t e d , a n d h a d to i n g th a t o f S e n a to r D a n ie l. T h e r e s o lu tio n s as a d o p te d d e c la r e d th a t th e S e n a te e n d o r se d th e '-'prom pt se r v e a te r m in p r is o n . a n d v ig o r o u s m e a su r e s” ta k e n b y t h e P r e s id e n t a n d th e in 1 8 9 4 c o n t r o lle d t h e ir a c t io n s la s t w e e k . A d m in is tr a t io n r e p r e ss b y m ilita r y t h e fr ie n d s o f a n a r c h y a n d r e v o lu t io n ,'a n d h a v in g g o t t e n fo r c e ” t h e la w le s s n e s s a lr e a d y r e fe r r e d to , a n d clo se d c o n tr o l o f t h e C o n v e n tio n t h e y p r o c e e d e d to e D g r a ft o n a s fo llo w s : “ to r e p u ls e a n d “ T h e a c tio n o f th e P r e s id e n t a n d b is A d m in is tr a t io n h as th e f u ll s y m p a th y an d s u p p o r t o f t h e la w -a b id in g m a s se s o f t h e p e o p le o f t h e U n it e d V e r y n a tu r a lly t h e s p ir it t h a t a c tu a t e d th e s e p e r s o n s it s d e c la r a tio n o f p a r ty f a i t h th e m , t h e G o v e r n m e n t a n d by t h e p o w e r a n d r e so u r c e s o f t h e e n t i r e n a t io n .” sc h e m e s; and th e it, fo r la w , a ls o e m e r g e n c y w h ic h h a d a r is e n m a k in g i t o b lig a to r y u p o n th e e v e r y o n e w h o w ish e d to r e fe r e n c e t o r a lly in su p p o r t o f p e r p e tu a te fr e e in s t it u t io n s th e G o v e r n m e n t, are w ell j i n d i th e i d e i s o f w h ic h t h e y s ta n d as t h e s p e c ia l c h a m p io n s a n d e x p o n e n t s . The t h o u g h t o f F e d e r a l a u t h o r it y is v e r y r e p u g n a n t to S t a t e s , a n d h e w ill be s u p p o r te d b y a ll d e p a r tm e n ts o f T h e c h a r a c te r o f t h e d is tu r b a n c e s in 1 8 9 4 a n d th e T h e y are it e x is t s th e as a c o u r ts c o n sta n t m enace in in t e r p r e t a t io n t h e ir a n d t h e p u n is h m e n t c o n s t it u t e c a r r y in g in out th e an of of o ffe n d e r s im p e d im e n t t h e ir p la t fo r m in sch em es. “ to th e to t h e ir of a g a in s t w ay H ence of th e governm ent by in j u n c t io n a s a n e w a n d h ig h l y d a n g e r o u s fo r m o f THE CHRONICLE. J u l y 18, 1896.] o p p reesicm .” N o r is t h e ir o p p o s itio n “ to th e r e a n y t h in g r e m a r k a b le in l i f e te n u r e in t h e p u b lic s e r v ic e ," or th e ir in t im a t io n t h a t t h e y w a n t t h e U n i t e d S ta te s S u p r e m e C o u r t r e -c o n s tit u te d to s u i t t h e ir e n d s . th e s e fo r m p a r t o f t h e sa m e g e n e r a l s c h e m e . A ll Judges w h o e n fo r c e t h e la w s w ith fe a r le s s n e s s an d im p a r tia lit y are n o t to t h e li k i n g o f t h o s e w h o c o u n te n a n c e la w le s s n e s s a n d d is o r d e r . T h e y w a n t j u d g e s w h o w ill o b e y th e ir b e h e s t s , a n d l i f e te n u r e o n t h e p a r t o f t h e J u d ic ia r y , or a S u p r e m e C o u r t c o n s t it u t e d as a t p r e s e n t , m a k e s th a t im p o s s ib le . T h e a c tio n o f t h e S e n a te in 1 8 9 4 , r e fe r r e d to a b o v e , is s u g g e s t iv e o f t h e tr e a t m e n t order w h en th e w ill r e c e iv e to d e c la r e th e m s e lv e s th e S e n a te th e grave v o te r s a t sa n k th e s e get th e p o lls w ill s in k a chance e le c t io n . p a r ty d if fe r e n c e s , p e r ils t h r e a t e n in g th e f o e s o f p u b lic p e o p le at a ll in p a r ty As fa c e a lik e , of eo th e d if fe r e n c e s b e c o n tr o lle d b y th e s in g le p u r p o se o f 97 and e x p r e s s in g th e ir d e te s ta tio n o f t h e p r a c tic e s a n d p r in c ip le s o f th o s e w h o w o u ld o v e r tu r n b o th t h e G o v e r n m e n t a n d s o c ie t y . A c o m m o n d a n g e r w ill s o lid if y t h e w h o le p o p u la t io n . In V A L U E S O F E X PO R TS. Fiscal Year ended June 30. Total Wheat <fc Flou r. Wheat Flour. Wheat. Tot. W heat Total all Corn <fc Flour. Br'dstuffs. Corn. $ * * * * * . 101,421,450 29,258,094 130,679,553 24,769,951 155,449,504 161,198,864 1874 1875 . 59,607,803 23.712,440 83,320,303 24,450,937 107,777,240'111,458,265 1870.... 68.382,899 24,433,470, 92.816,369 33,265,280 126,081,649 131,181,555 1677............... 47,135.502: 21,663,947, 68,799,509 41,021,245 110,420,754| 117,806,470 1878 . 90,872,016 25,095,721121,967,737 48,030,358 169,996,095j181,777,841 1879 . 130,701,079 29,567,713160,268,792 40,655,120 j200,923,912'210,355,528 . 190,546,305 35,333,197225,879,502 1880 53,298,247 279,177,749'288,036,835 1881............... 167,698,485; 45,047,257 212,745,742 50,702,669 263,448,411 270,332.519 1882............... 112,929,718' 36,375,055 149,304.773 28,845.830 178,150,603 182,670,528 1863............. 119,879,341 54.324,459 174,703,800 27,750.032 202,459,882 208.040,850 1884 .............................................. 75,020,678 51,139,690' 120,160,374 27,648,044 153,814,418 102,544,715 1885 ....................... 72,933,097 52,146,330 125,079,433 28,003,303 153,083,296 160,370,821 50,262,715 38,442,955[ 88,705,0701 31,730,922 120,436,592 125,846,568 1886 .............................................. 1887............... 90,716.481 51,950,082(142,006,5631 19,347,361 162,013,924 165,768,662 56,241,408 54.777.710'111,019.178 13,355,950 124,375,128 127,191,687 1SS8......... 41,652.701 45.296,485! 86,949,186 32,982.277 119,931.463 123,876,601 1889 ....................... 1890 ....................... 45,275,906 57,036,168 102,312.074 42,658,015 144,970,089 154.925,927 1891.......... 51,420.272 54,705,610 106,185,838 17,052.087 123,778,575 128,121,656 1892........ 161,399,132 75,362,283 236.701 415 41.590,4^0 278.351.875 299,363,117 1893 . 93,534,970 75,494,34?! 169,029,317 24,587,511 193,010.828 200,312.054 1.894............... 59,407,041 09,271,770' 129,678,811 30,211,154 158.889,965 106,777.229 1895.............. 43.805.003, 61.65L928 05.457,59 1 14,650,767 110,108,358 114,604,780 39.709,1=68 51,948,4971 91,658,365 37,4 30,813 129,015,178 UO,605,578 1 896*............. •F igu res fo r 1896 subject to slig h t corrections. T h u s wo s e e t h a t t h e v a lu e o f th e w heat an d fle u r h a v in g d e c r e a se d fr o m 236} m illio n d o l e x p o r ts , a ft e r th is s e n s e i t is a n a d v a n ta g e to h a v e t h e e n t ir e cro w d la rs in 1 8 9 1 -2 to 95$ m illio n d o lla r s in 1394-5, d e c r e a se d o f a n a r c h is ts , p o p u lis ts , s o c ia lis ts a n d f r e e in 1 8 9 5 6 s t i l f f u r t h e r to o n ly 91$ m illio n d o lla r s . s ilv e r it e s , a n d t h e ir d a n g e r o u s d o c tr in e s , a ll r a n g e d u n d e r o n e sta n d a r d . F o r t h a t m a k e s i t p o s s ib le to d is p o s e o f th e w h o le b rood a t t h e s a m e tim e . th e e a r ly d r o p th e d e c lin e p o r ta n t fa c to r w ith th e f a l li n g tity ) s h ip p e d . In in p r ic e w as a n e q u a lly i m o ff in t h e a m o u n t ( q u a n T h e la te y e a r ’s f a llin g o ff was o w in g e n t ir e ly to a d im in u t io n in t h e q u a n t it y s h ip p e d ; th e p r ic e r e a liz e d w as s o m e w h a t b e tt e r , a n d th is a p p lie s to CAROE CROPS AND BREADSTUFPS EXPORTS. The B ureau of S t a t is t ic s a t W a s h in g to n b o th w h e a t a n d flo u r. I n th e c a se o f w h e a t, th e a v e r a g e p r ic e r e c e iv e d w as 4 1 -026 p e r b u s h e l in 1892, 79-9 c e u t s h a s th is in 1 8 9 3 , 6 7 -2 c e n t s in 1894, 57-6 c e n ts in 1895 a n d 65‘5 w e e k is su e d t h e f o r e ig n tr a d e s t a t e m e n t fo r t h e m o n th c e n ts in 1 8 9 6 , a n d in th e c a se o f f l iu r th e a v e r a g e o f J u n e , c o m p l e t in g t h e G o v e r n m e n t fisc a l y e a r , a n d ♦ 4 -9 5 9 p er b b l. in 1892, 1 4 542 in 1393, 34-109 in 1894, w e in te n d tw e lv e to r e v ie w t h e m o n th s fig a r e s a n d r e s u lts fo r t h e n e x t w eek. T o -d a y as a p r e lim in a r y ♦ 3 -3 8 3 in 1895, a n d 13-558 in 1895. la w as o th e r w o r d s fr o m th e e x tr e m e ly lo w p r ie s* to u c h e d in 1395 t h e r e w e s h a ll m a k e a n in q u ir y in t o o n e b r a n c h o f t h e e x p o r t w as a r e c o v e r y in 1896 o f a b o u t 8 c e n ts p er b u s h e l in tr a d e , n a m e ly t h e b r e a d stu fla s h ip m e n ts . w h e a t a n d 1 7 $ c e n t s p er b a rrel in flou r. T h e s e b r e a d stu ff* e x p o r ts n o lo n g e r p la y t h e sa m e p a rt in t h e e x p o r t tr a d e t h a t t h e y o n c e d id . The ag T h e im p r o v e m e n t in s h o w n , d id g r e g a te v a lu e o f t h e b r e a d stu ff* s h ip m e n t s in t h e la t e v a lu e o f t h e year w as m u c h c o n tr a c t io n in th e an d reached sen t o u t o f w heat and lars. But little tim e sh ort th e sh a r e o f a as la r g e r th a n to ta l of r e c e n t ly of 300 about as p r e c e d in g y e a r , 140$ 1891 2 m illio n b r e a d s tn ffs in t h e m i ll io n d o lla r s . At th e m o v e m e n t c o n t r ib u te d th e im p r o v e m e n t in t h e e x p o r t o c c u r r e d in t h e la t e y e a r . o u r e x p o r ts as a d o l t h e to t a l fe ll b u t sa m e it s tr a d e fu ll w h ic h W e m e a n b v t h i s t h a t w h ile w h o le in c r e a s e d r o u g h ly 75 m illio n w heat an d b r e a d s tn ffs e x I t is r a th e r n o te w o r th y t h a t t h e in c r e a s e m a r k s t h e fir st u p w a rd r e a c tio n t h a t h a s o c c u r r e d in t h e to ta ls o f th e b r e a d s tn ffs e x p o r ts fo r s o m e y e a r s. S t a r t in g 1 8 9 1 -9 2 , a y e a r phenom e n a l in e v e r y w ay a n d w h e n t h e to ta l w as o f w ith 2 9 9 $ m illio n d o lla r s in unprece d e n te d e x t e n t , th e r e w as a d r o p in 1892 93 to m illio n d o lla r s , th e n a d r o p to 1 6 6 } 1 8 9 3 -4 , a n d th e n a fu r th e r m illio n 200$ d o lla r s in d r o p to 1 1 4 $ m illio n d o l lars in 1 8 9 4 -5 , fo llo w e d n o w by a r e c o v e r y to 140$ m i l lio n d o lla r s in 1 8 9 5 96. W h a t m a k e s t h e r e c o v e r y in t h e la t e y e a r e s p e c ia lly n o te w o r th y is t h a t i t h a s o c c u r r e d in fa c e o f a fu r th - r d r o p in has flou r e x p o r ts b een in t h e b ecau se o f q u a n t it y s h ip p e d . th e A lt o g e t h e r we flo u r (flo u r b e in g ta k e n a t i t s m illio n b u s h e ls ia 1 8 9 3 , 1 6 4 $ m illio a 1 4 4 } m illio n b u s h e ls in b u s h e ls 1896. in 1895 and T h e f o llo w in g b u s h e ls in 1 8 9 4 , but 1 2 6 $ m i ll io a sh o w s q u a n t it y a n d p r ic e o f t h e w h e a t a n d flo u r s h ip m e n t s e a c h y e a r b a c k to 1 8 7 4 . Q U A N T IT IE S E X P O R T E D . m a d e d a r in g th e y e a r (a n d as c o m p a r e d w ith t h e y e a r p r e c e d in g ) in t h e v a lu e o f t h e p o r ts . h o w e v e r , as e q u iv a le n t in w h e a t) 2 2 5 } m illio n b u s h e ls in 1 8 9 2 , 1 9 2 d o lla r s , 2 6 m illio n d o lla r s o f t h e a m o u n t r e p r e s e n ts th e a d d it io n p r ic e , n o t p r e v e n t a fu r t h e r d im in u t io n th e v a lu e o f t h e e x p o r ts o f w h e a t a n d flou r, w h ic h c o n s t it u t e t h e p r in c ip a l it e m in t h e b r e a d stu ffs e x p o r ts . T h e d e c r e a se in t h a t it e m a n d t h e in c r e » s e in t h e b r e a d stu ffs e x p o r ts as a w h o le is in d ic a te d in t h e fo llo w in g ta b le . Y e a r r ruled J u n e 90. 1874 ................. 1 8 7 5 ................. 1876................... 1877................... 1878 ... .......... 18 79 ................ 1880................... 1881................... 1882................... 1883................... 188-1................... 1885 ............ I8H0................ 1807................... 1888 ................ 1889................... 1890.................... I8WI................... W heat. A v'ye per 1bush. F lo u r . C o rn . l/ftl a n d F lo u r A v ’oe per ! bush. $ Bush. Bush. B bU. B » t. t 71.o a se s* 1-428 4,094,091 7140 SB,403,351 34,434,006 53,-47,177 1 124 8.973.12“ 6*001 70,920.253 28.858.42' 65.073.122 1*942 3.035.512 0*208 72,782.92* 40,493.572 40.325,611, 11»19 3,843.505 0*479 55,372,104 7«*,860,983 72.404,9011 1*838 3.047.333 0*358 90.167.059 85,461,098 122.353.9*6 1*068 5.029,714 5*252 147,087,049 80,290,252 * 153,252.795 1248 6,011,419 5*878 189,301.180 98.160,877 150,565.177 I H 8 7,946,780 5*fl0<* 186,321,514 > 91.908,176 05,271,801 1185 5,015,080 0 149 121,892,389 43,184,915 106,385.828 1-127 9.205,064 5*950 147.811,316 40,580,82.) 70.349,012 1 060 9.152.260 5*588 111,534,182 45,247,490 84.0 3,714 0*802 10,648,145 4*8J>7 132,570.360 51,834.410 57,759.209 0*870 8.179,241 4*70*1 94,503,703 03,655,433 101.W71.91H 0*890 11,518,449 4*510 153,804.969 40,307,252 05,7*9.20l' 40.414.129 54,387,707, 55.131,018 18»«................. 157,180,’ 5l| 1893 .................. 117,121.100 1*91 . . ........... K «,415.230 1893 ............... 70,10^,704 1801 •................ 00.650.080 0*853 11,903,574 4*579 119,025,314 0*897 9,374,803 4*832 88,600.74* 0*832 12,231,711 4*003 100,430,400*913 11.344.301 4*822 106,181,31" 1*02*1 15,196.709 4*9 8*5.606,61 0*799 10.020,339 4*542 191,912,631 0*072 10.859.533 4 10- 104,283,110 0*570 15,208.892 3*383 144.714,14* 14.599.087 8*55- 120.348.071 0*05 • F ig u re s fo r 18 9 0 a r e s u b je c t to s lig h t co rr e c tio n s . 24,278,117 09,592,929 101,973,717 30,763,21 75,451.849 40.037,274 05,324,w4 27,091,13' 08.851.765 * *719 *847 *672 *587 *562 *471 *543 *552 *068 *084 *011 *540 *40S *480 *550 *474 *418 *574 *551 534 *402 *529 *379 98 THE CHRONICLE. "What accounts for the smaller outward movement o f wheat in the late year as compared with the year preceding ? It cannot be charged to crop failure or lack of supplies. The crop was not a full one in either year, the winter-wheat harvest having been deficient. The Agricultural Bureau at Washington estimated the production a little larger in 1895 thau in 1894, at 467 milllion bushels against 460 million, but it is thought by many that this was an under estimate in both years and particularly in 1895, when the spring-wheat harvest exceeded all anticipations and proved really phenomenal in extent. The visible supply of wheat, too, as reported by the New York Produce Exchange, was somewhat heavier in June 1896 than in June 1895, being stated at 47,860,000 bushels against 44,561,000 bushels. This does not embrace farmers’ stocks at all, but covers simply the accumu lations at the principal markets, and it is evident that the amount could have been drawn down considerably if there had been any active demand, and yet left an ample supply for home wants. Study of the results seems to show that the wheat exports were further reduced because there was a smaller European demand, and that this in tu rn fol* lowed from better crops. The details of the shipments are as yet available only for the eleven months to May 31 ; but these furnish corroborative evidence in sup. port of the statement made. The United Kingdom took only 7,724,128 bbls. of flour in the eleven months of 1895-96, against 8,315,530 bbls. in the eleven months of 1894 95 and only 39,864,373 bushels of wheat against 50,962,049 bushels. A t the same time Germany took only 740,521 bushels against 2,478,149 bushels, and France but 122,099 bushels against 1,596,791 bushels, while the rest of Europe in the same eleven months took but 7,056,909 bushels against 12,715,362 bushels We have sent as much as 42,139,488 bushels to France in a single year (1891-92), and these diminished takings by Europe indicate generally better crops there. As far as the falling ofE in the shipments to Great Britain is concerned, the question arises whether the United Kingdom took less from us because she im ported less altogether or because she got larger sup plies from other countries ? We have examined the English statistics for an answer to this question with considerable interest. These statistics show that in the eleven months to May 31 Great Britain took prac tically the same quantity this year as last— that is, the flour importations were a little larger at 18,051,580 cwts. against 17,455,081 cwts., but the importations of wheat were a little smaller at 67,709,630 cwts. against 68,041,216 cwts. Curiously enough in this case the statistics do not show any falling off in the takings from the United States. The de cline in the imports of flour appears, but the imports of wheat actually figure up a little larger for 1895-6 than for 1894 5, being given as 24,003,200 cwts against 23,844,721 bushels. I t is instructive to note however, that Russia furnished 19,712,200 ewts.^ against only 17,340,922 cwts. in 1894-5 and but 12,1 75,383 cwts. in 1893 4, and that from Roumania the United Kingdom got 3,435,600 cwts., against 190,765 and 114,388 cwts. respectively in the two years preceding, and from India 6,718,650 cwts., against 5,047,785 and 6,884,125 respectively. On the other hand, the Argentine Republic furnished only 6,925,000 cwts., against 12,051,558 cwts. and 7,819,334 cwts.; Australasia 1,346,900 cwts., against 4,290,931 and 2,243,517 cwts., and Chili but 944,800 cwts., against [ V ol. Lxm . 1,227,082 and 2,846,913 cwts.— all of which shows quite considerable shifting in the sources of supply. But if the increase in our breadstufEs shipments did not come from an augmentation in the outflow of wheat and flour, to what is the increase to be attrib uted? There was in the first place a very decided ex pansion in the shipments of corn. The outward movement of that cereal was next to the largest on record, falling only alittle short of 100 million bushels— in exact figures 98,851,765 bushels; in the previous year the shipments were only 27,691,137 bushels. Two circumstances made possible these large corn exports, namely the excellent harvest of corn last season and the very low prices ruling. I t will be noted from the table first above that the average price at which the exports were made in the late year was only 37"9 cents per bushel and that this was the very lowest figure for the whole of the twenty-three years included in our table. Because of the low price received the increase in the shipments did not add as much to the aggregate export values as would otherwise have been the case. Nevertheless the total at $37,436,813 for 1896 compares with only $14,650,767 for 1895, furnish ing thus an addition of nearly 23 million dollars. This 23 million dollars, however, does not account for the whole of the increase in the breadstufEs ex ports. Comparison of the figures shows that at least 7 million dollars increase must have come from other sources. I t is found that there have been largely increased shipments of both barley and oats; of the former we appear to have sent out 7,675,363 bushels in 1896 against only 1,560,061 bushels in 1895, the values being $3,099,665 against $767,216, and of oats 12,935,669 bushels against but 567,043 bushels, the values being $3,479,769 against $199,606. These enlarged exports of course reflect the excellent har vests of these crops last year, and the movement is sig nificant as showing that at low prices we can find a mar ket for considerable amounts even of our minor grains. RAILROAD NET E A R N IN G S FOR MAY. We need hardly say that our statement of gross and net earnings for May makes an unfavorable showing. A ll the preliminary returns had foreshadowed such a result. In the gross our compilation shows an in crease of but $271,001, or only about one-half of 1 per cent; in the net a loss of $1,106,871, or 7-13 per cent. The following is the summary : January 1 to M ay 31. (122 roads.) M ay. (125 roads.) 1896. 1895. G ross e a m ’ s O p er. e x p ... 1 53,754,701 39,348,079 $ 53.483,703 87,970,207 N e t e a r n ’s 14,406,025 15,519,496 —1,106.871 In c . or D e c . 1896. 1895. Increase. $ * I I +271,001 264,200,283 253,102,130 11,038,153 +1,377,872 190,000,012 181,949,703 8,050,909 74,193,671 71,212,427 2,981,244 The comparisons have been growing quite steadily poorer ever since February. In the gross, while now the increase is only $271,001, or'0'51 per cent, for April it was $692,936, or 1-37 per cent; for March, $1,267,412, or 2'32 percent; for February, $4,049,430, or 9-03 per cent, and for January, $4,662,219, or 8-94 per cent. In net, while now we have $1,106,871 loss, or 7-13 per cent, in A pril the loss was only $279,299, or 1-85 per cent; in March only $190,664, or 1-13 per cent, whereas in he....ary there was $2,019,633 or 17-97 per cent gain, and in January $2,328,294 gain, or 16-91 per cent. I t is to be said that the conditions and circumstances controlling the revenues of the roads made any but a poor exhibit for May out of the question. The month J u l y 18, THE CHRONICLE. 1 8 9 6 .] having contained five Sundays, had one business day less than the same month last year. Then the indus trial situation wa3 very unsatisfactory because of the political a a i financial uncertainties. In the South and Southwest a good many of the roads) still suffered from a smaller c >tton movement. In the West the grain movement, from having shown a striking increase over last year in the months preceding, for May actually recorded a falling off at quite a number of points. Finally, comparison now is with much better results in 1895 than was the case in the earlier months. In May last year the increase had been #3,476,874 or 6-95 per cent in the gross and #2,809,965 or 21-79 per cent in the net. The gaia then was large, however, mainly because there had been a very extraordinary loss in the year preceding— 111,935,834, or 19-51 per cent, in the gross, and $6,253,373, or 33-79 per cent, in the net. Tne following carries the comparisons back for a number of years. 99 When arranged in groups., the Southern group appears to be3t advantage, having $898,080 or 6 per cent gain in gross and $77,458 or 4-95 per cent gain in net. Only three other groups have gains in gross besides the Southern and only two gains in net, the amount of the gain being small in each case. The Anthracite Coal group, the Middle Western and the Northwestern all show large ratios of decline in net— in excess of 20 per cent each. Section' ob (Jr o c p . M ay. Traak lines.(13) Anthra. coal. (7) East. Sc Mid. (ID Mid. West’ a.{225 Norfhwest’n.jO) South westfn (ll) Pacific Coast( 19) 3oa£hern.,.429) Mexican......(4) ; G ro ss E a r m n g s . 1896. 1895. * 1 15,562,872 15,195.164 5,179,789 8,187,342 1,151,927 1,470,879 3,655,211 3.711,814 6,060,823 6.007,674 4,116,383 4,292,338 0,279.510 9,348.063 6,928,232 6,530,154 1,518,985 1,489,077 * N e t E a r n in g s . 1896. # 4,502,649 1,026,810 424,825 850,960 1,660,776 1,025,510 2,583,418 1,043,000 028,611 1895. $ 4,5S0,5O8 1,290,226 392,239 1,081,809 2,109,786 1,010,292 2,829,644 1,565,548 617,386 In c . or D ec, P .0 * -23,857 0-53 -203,386 20-41 +33,580 S-31 -230,909 2P34 -449,010 2P28 +15,218 1-51 —240,226 8*70 +77,468 4*95 —18,745 2-89 Tot.. (125 r’ds) 53,754,704 53,183,703 14,400,625 15,513,496 -1,106,871 1 to Ma y SI Net Earnings. Trank lines..(LS Anthra. coal. (7) Tear j Tear In crea se or East. At MhMU) G iv e n . I P re c e d in g . Decrease. Mid. West’tU tli Northwest'o.tO) t * —606,782 South west’u.(10 W,7*S.»1 17,300,666 rrj&MW-; 13,183.704 -833,785 | Pacific Coast (10. 18,374,127; 16,607,08$ +2,580.143 j Southern... .(28) —6,2)3,373 Mexican.. ..4418,500.715 +2,809,065 j 15.513.406 —1,100,871 | Tot.. (123 r’d*j 7-13 Jan. Tear Q rm $ R a m i n g * . a nd num ber Tear Year In crea se m\ o f roa d s. & im n . |P r e c e d in g . D ecrm m . M ay. j f t 55,343.371 I9M USD «#.377.7«et m % aai/ 4d£l,40&8| + 4,703.765> 1*03 (131/ •I,16B,74H -11,03X83$ IBM <1A1> 60,63#,388 -KM76.87A 1895 (188) 5A?Mf7<M 53.481,793 +2a/.oij 1806 { m y J a n . 1 to « ! SM40.SS9 iHV*u0,5&l! 65.618,71? 49.S»,9W; 75,680,609 23.826.S07 0,0*29,037 18,350,714 31,011,010 20.685.940 41,744,615 3.4,055,989 7,710,<32 73,080,909 20,205,487 20,067,813! +197,67!) 0*98 24.897,105 4.805,^7 5,614,954 -809,567 14-4*3 0,063,008 1,906,618 1,955,955 +10,503 0*54 17,377,376 5,047,926 5,100,8801 -62,484 1*03 2?, 100,390 10,643,253 9,68.1,363! 4060,890 9*92 20,374,143 S.8J0,*$S 6,089,431 +S20.857 16-13 43,150,271 13,010,277 12,193,452 -i 816,826 0-69 31,627,000 9,552.488 8,482,933 +1,069,555 12-61 7,034,4 U; 2,990,047 3,021,166 -38,119 1*09 264,200,283 253,162,130 74,193,671 71,212,427, +2,93+241 4*18 Th e fo llow la g Is a Hat o f th e roads inclu d ed under each group in the M a y Z l. 7*A»3t,S19 +2,278.386 j foregoin g t a b le : 1891 ( I M ) SM.Wl,(«l'a50.»78,)S95 •F3.9ti.168i Trunk Lines. Pacific Coast—[Con.) MldVe Western-(Con.) t a m (i3 i) 200,58OJ/2j|270.58-i^37 F19,0V5.4»t; ai.M2.4S3 81.671,258 +3.371.225 [ So. Pacific—(Con.)— 8.& O. Southwestern, Illinois Central. 82,^57,120 i m % c itt) ‘&49.718,179:3S0.3a3,e31 N. Y. Tex. & Mex. Clef. Cln. Ohio. .% St. L. Ind. III. A iowa. d % Z l 3,443 70,566,703 — 10.463 200 Texas Sc New Orleans. —t t j & M n Iron Railway. Peoria & E xtern. 280* tu rn Pacific SystemKanawha A Michigan. Fide. TttjtokN&b 8A721.40I +6.061,080 m m cis?) Spokane Falls & N ortli’ru GraadTrtmk o f Canada. 1Cake Erie Sc West,. -Fn.038OAl 74,103,671 71.212. $27 • r Q M 1,244 1806 022) Union Pacific—IT. P. Ry. Chic. & Oh. Trank. Louisv. N. A. A Chic. i Ore. 3h, L. & Utah Nor Detroit Gr.Har. & Mil. Manlatiqae. Among the separate roads the Norfolk & Western Pennerif. Ecutof P. & H Pitta. Mar. Sc Chicago. ' St. Joseph &Gr. Island. Kansas City& Omaha. West o f Pitts. A Edo i Pittsburg Sc Western. ; Central Branch. &c. :S&*» Pus. & Hur. Philadelphia Sc Brio. has the largest increase in gross of any, namely $357,Atch’n Col, & Pao. Pittsb. Cm. Oh. & St. L. Toledo Sc Ohio Central. To!. Peoria A W. Pitts. Vottnj?s. Sc Ash. Southern Road* 946, comparison being with the period of the miners’ Wabash. Alabama Great South’n. N o rth w e s te rn . Atla.fr a Sc West Point. B a r i . Cedar Rap. & Nor. Anthracite Coal. strike on its line last yea r; in its net the gain is only Central Atlantic Sc JMnv. o f New Jersey Ohio* Burl. St Quincy. iBirmingham & Atlantic. |Chic. Mil, St St- Panl. N. T. Ontario A West, Carolina Midland. $24,645. The Canadian Pacific has $283,446 increase ! N. Chicago Sc North. Pae. Y. S m q . A West. Central o f Georgia. Des Moines N. & W. Phtla. A Reading. [Chasm Clen. & Sutton. in gross, $142,841 increase in net. The Milwaukee & Iowa Central Coal & iron. 'Chesapeake & Ohio. Minn. Sc St. bonis. Summit Branch. Minn. St. Panl & S. S. M. Cln. N. 0. & Tex. Pac.t Lrkens V&l. Coal. St. Paul has $113,827 increase in gross but $161,658 ■Gadsden & Attala Un. Wisconsin Centra!. Georgia. M id d le. S ou th w estern . decrease iu net. Tne Southern Pacific has $314,152 Adirondack. Ga, Southern & Fla. Arkansas Midland. [Gulf & Chicago. Allegheny Valley. Atch. Top. Sc Santa Fe. J ack. Tampa & K. W. decrease io gross, $217,330 decrease in n e t; the Bur Bangor & Aroostook. Crystal. + iKan. City Mem. & Bir. Bath & Hammonds port. j Denver Sc Rio Or. & Nashville. lington & Quincy, $160,239 decrease in gross, $228,554 Baft. Koch, A Pitts, Ft. Worth & Rio Grand© :Louisville Macon Sc Birmingham. Baffitlo Sc Susquehanna. Kan. C. Ft. 8. St MemMemphis & Charleston. Camoerland valley. , Rio Grande Southern. decrease in n e t; the Atchison, $131,170 decrease in Northern Centra l IMobile Sc Birmingham. St, bonis & San Fran. Mobile & Ohio. Phil. Reading A N. E. San Ant. Sc Aran. Pass. gross, $92,756 increase in not. Some other noteworthy Stony Cl, & Cats. Mt. Chat. Sc 8t. Louis, Tex. Sab.Val.& N.West. IiNash, Norfolk & Western, Western N. V. Sc Penn. On. Pae. Deny. Sc Golf. iPetersburg. decreases in net are $177,134 by the Reading, $165,692 P a c ific Coast. Middle Western. Rich. Fred. & Pot. & West Mich. jAtlantic & Pacific. 1Rich. Sc Petersbnrg. by the Northern Pacific and $115,485 by the Central Chic. Cin. Jack. & Mack. Canadian Pacific. !Southern Railway Northern Pacific. Cln. Ports, A Virginia. Western o f Alabama. o f New Jersey. The following is a list of all gains Cier.Canton. Sc South'd, Oregon Improvement. [West Va. C. & P. Col. Sandusky & Hoek.f Rio Grande Western. Wrightsv. Sc Tennllle. Det. Laos. A Nor. San. Fran. Sc North. Pac. and losses in excess of $30,000 : Mexican Roads Detroit & Mackinac, So. Pacific.— Mexican Central. PSISCtPAf. CHAMOIS* I * G R O S S lAJSMW'IS IS 3 U V , Gal. Har. <fc S. A. Elgin Joliet & Eastern. Mexican International l«r te * M § . D ,>crpi»*e». boats. Western, Flint & Pere Marq. iMexican National. Grand Rapids & Ind. i Morgan’s La. St T, 1Mexican Northern. N o rfo lk & W estern ....... $357,361 [ Southern r «c iS c (0 r d * .> $314,152 Canadian P a ctflc ....... 283,44'i 1 Chic. S o f t & Q u in oy ... 1tie,239 i W e include these Western lines in our table by taking an estimate fo r 1895 P e n n v y lv u a ia l....,___ _ 174.000 i A tch. To p . A Sant-, F»-. 131,170 to base the increase or w arm i.« reported for this year, CWo. MU. & St. Pau l .. 113,827 "lo r. Cln. Cilia A St. L. 129,958 ont which For month only. Minn. at. P . A 8 . S . M .. 9 »,78 3 I Iii!n o U C entral . . . . . . 111,392 B r i e ................................ 79.165 I Central o f N ew J ersey . 95,582 IjOMteviile A N s a h v lilr .. OS,85a i A tla n tic .I Proill- ........ 40,033 Mejcicftt* In tern a tion al. 39,399 j Southern R a ilw a y .......... 39,824 F A I L U R E S B Y B R A N C H E S O F B U S IN E S S . Ph il. ,1- Re el intiC . & t. 38.368 ! P e o ria it E i - t e r n .......... 39,804 Buff. Booh. & P U t* ___ 37,038 ---------------- W e have often had occasion to direct attention to the imT o l. St O hio Central . . . 31,811 I T o ta l (representioi.' --------------- I l i r e a d * ) , . . . . . . . $1,081,954 j proveinents made in the statistics o f business failures prepared T o ta l (roproseotinit j by the m ercantile agencies. Both R. G. Dun & Co. and 12 roen !»)........... .81.311,129 I fC o v e r lino* d ire c tly operated east and w est o f Pittatnure; the Bradstreets now publish the statistics in a much more e x sfroa* on K a stem iin c . Increased 040,100 anti oh W estern lin e * *133,900, PKtSCTPAh Crl t SOBS !tir r r # * r «, I ’ anivlian Pacific , , , . A n-h Top, Sc Santa Ft-, P o n n sy lvaa h tl..... ... Minn. Si- P. * S. S. SI.. Buff, ltor.1i, ,V. P it t * ___ _ West. V, Y . A- P e n n ___ N, Y . Soso, h W estern, Southern B y . . . ---- ... Col.Sandusky Sc H o c k ,. Total {rep «acM tte« 9 roads).............. W N E T KAKNfSOS IS NT %Y . D e crea se*. $142,841 | Illin ois C e n tr a l............. 92,756 I Ohio. Burl, a- O ttln e v ... »B ,700 f Southern Pac, <6 rds ) . . 52.349 1-lili. & Read .and C,.fc t. 47,198 ! N orth ern P a cific ........ 41,203 i Chic. Mil. * fit P a u l,. .. 41.187 : C entral o? S e w J ersey. 39,010 | W isconsin C en tra l........ 33,463 | . Cln. Oh4«. * St, L. — ----------, I Northern C o n tra !... . . . . W a b a sh ...................... $556,772 I M exica n C en tra l.......... $259,963 228,554 217,330 177,134 185,692 161,058 115,485 80,042 55,346 37,823 36,091 31,783 T o ta l (rep resen tin g IS roads).............. $1,507,501 ' f Covers tines d ire ctly op erated east and w est o f Pitt-sbarst; the ne< on Eastern lim « decroiuwd $ lou ,700 and 00 the W estern lines intreased $167,400. tended and com prehensive form than a fe w years ago. Th e w ork for the Messrs. Dun & Go. is being done under the guidance o f Col. W , M. Grosvenor, whose large experience and ripe ju d gm en t have suggested a great m any o f the inno vations that have been made by that agency. Col. Grosvenor has recently added a feature w hich it seems to us is the most valuable that ha3 y et been introduced ; he has undertaken to g ive a m onthly com parative record, showing the failures by separate branches o f m anufacture and trade. H ith erto we have bad simply the aggregates o f the failures, or at the most the totals separated under tw o or three m ain heads, This latest addition meets a lon g-felt want. E v ery one who has had occasion to analyze or study the records o f m ercantile disasters knows how often he has been embarrassed because t h e c h r o n ic l e . 100 [V o l . LX1IU Silver coinage are not only depressing the American market but are generally weighing upon the Stock Exchange. The utter anarchy in Turkey, the spread of the native insurrection in Rhodesia, and the fear that the trouble may extend to the Transvaal and the Cape Colony, are likewise having a very special branches of trade. The presence of ^ h mfluences s depressing effect. A t the same time it is believed that the at once indicated and made apparent where the failure li.t is whole influence of Russia is being used to prevent any distur arranged so as to show the results s parately for the ditf .rent bance of the peace, and both the Cape and the TraDsvaal G>veinments are taking precautions against disturbance. 1 \\V are the r fore pleased to note this new departure. Our The Rhodesian rising is much more extensive and more fo r remarks are suggested by the appearance in D t . s “• R -view midable than at first was supposed ; but that it w ill be put of la-t Saturday of the failure record, according to this plan. down is a matter of course. The Marquis di Rudini, who has .u„ n..nih .Tune and the (matter ended with June. We hitherto been looked upon as unfavorable to the Triple A lli print below the flgureefor the quarter. It will be noticed that ance and disposed to draw closer to France, has declared m Col. Grosvenor has greatly added to the usefulness of the the Chamber this week that the Triple Alliance and the friend statement by having figures compiled in the same form for ship of England are indispensable to Italy. O re phrase used 1895 and 1894, thus furnishing a very interesting three-year by him was supposed to imply that he intended to demand comparison. the modification of the Triple Alliance Treaty, but he has FAILURES BY BRANCHES OF BUSINESS. since explained that he was quite misunderstood and that he SECOND QUARTER. has no intention to ask for any change. In Spain, the Cortes 1895. M anufacturer*. 1896. has been engaged all the week in discussing the Cuban ques So. |LlabUiV*. S o . IjidbUW*. So. tion, and the Spaniards seem intent upon continuing the $ ? 59 2,271.082 011.813 54 27 1.101,480 The Spanish Government has renewed Ir o n fo u n d rie s and n a ils .......... 36‘',278 struggle at any cost. 22 443,020 15 1,296.681 2 7 -----M a c h in e ry and t o o ls . . . . . . . . . . . 11-6.805 12 230,500 6 2,878.906 27 W o o le n s , ca rp e ts an d k n it g ood s 162,700 the quicksilver concession to the Messrs. Rothschild, aDd a 8 700,940 17 368.600 23 C o tto n s, la ces an d h o siery ............ 85 1,349,101 121 2,765.617' 77 1,039,905 Dew quicksilver loan is about to be brought out. L u m b er, carp en ters an d coopers. 77 1,030.170 558,855 05 83 1,124,014 C lo th in g and m illin e r y .................. 82,100 11 581.050 9 The unwise policy of the joint-stock banks in calling in 101 140.058 H a ts , g lo v e s amt fu r s .................. 1,227,423 29 710.949 20 576,081 30 223,257 8- 546,033 C h em ica ls, d ru gs a n d p a in ts ...... 22 774,65-1 large amounts at the end o f every half-year so as to make it 51 P r in t in g am i e n g r a v in g ................ 32*2,820 26 940,927 33 710,834 • 1 4 M illin g and b a k e rs ....................... 637,139 appear that they usually keep larger balances than they actu 34 513,179 J-8 891,934 37 88i,7t0 L e a th e r , sh o es and h a rn ess........ 88 1,031,417 32 341 804,721 L iq u o r s and to b a c c o ..................... 22,450 ally do has bad a greater influence upon the market than at 6 322,578 11 212.118 2 0 G lass, e a rth e n w a re and b ric k — 5,796,605 195 12,319.216 167 4,174,106 A l l o t h e r .......... ................. .............. first was thought. It turns out now that very nearly five 13,421,124 802 19,480,733 003 20,077,958 008 T o t a l m a n u fa c tu rin g . millions sterling ha3 been borrowed by the Stock Exchange <TradetS. 2,029.232 313 2.041 2148 318 3,276.321 295 G en era l stores 1,924,881 and the bill brokers from the Bank of England, or practically 413 2,078,388 41 n 2,200.075 353 G ro ceries, m eats an d fis h ...... 180,490 101 525.166 100 76 1,047,784 H o t e ls an d res ta u ra n ts -------a sum equal to the interest on the national debt which w ill 197 1 ni 0,772 215 1,424.988 219 1,898,701 L iq u o r s an d to b a c c o ............... 174 1,540,400 212 2,142.536 177 1.873,374 C lo th in g and fu rn is h in g ........ be paid out next week. But this does not really amount to loO 2.672,131 10 1,335/ 38 129i 2,363,507 D ry g o o d s an d c a rp e ts ........... 376,154 857,797 100 90 1.103,490 129 much for the joint-stcck banks are again lending as freely as Shoes, ru bbers a n d tru n k s— 374,614 44 406.350 34 476,070 66 F u rn itu re and c ro ck ery . . . . . . . 84 1,066,639 705,9 1 836.-477 107 103 H a rd w a re , {d o v e s an d to o ls ;; 10,488 79 423,081 ever. Gold is coming in from abroad in very large amounts, 96 976,235 114 D ru gs and paints .................. 592,391 75 530.350 51 693,210 62 and gradually the immense sums locked up ia the Bank of J e w e lry and c lo c k s ................ 425 561 335,002 51 61 212,664 34 B ook s and p a p e rs .................. 8 138,200 England by the Japanese Government w ill be dispersed. 16 375,479 12 H a ts, fu rs and g lo v e s ............ 362 4,2'9,006 281 5,1-33,598 4,240,‘UO 316 A l l o t h e r ................................ Everything points, therefore, to a long continuance of cheap 19,689,936 2,008 i 8,585,792 of the lack oTdata on the point referred to, failures, even where we have the figures by States and c.tie . ____ (*„„ tie misleading ; the changes may be entirely owing to exceptional circumstances sonnested with some T o t a l t r a d i n g ................ T ia n s p o r te r s a n d b ro k ers.. 2,138 19.949,298 2,228 24 55 1,008,516 1,358,307 58 5,589,057 2.095 10.444,547 2,855 41,026,261 2.734137,595.973 T o t a l c o m m e rc ia l.. N o t h .—I ro n , w o o le n s nnrt c o tto n s In clu d e a ll t b e b r a m * e s o f th ose m anu la c tu r e s : m a ch in ery In clu d es im p le m e n ts and toolsi, p la n in e, sash and d o o r m ills, ca rp en ter? and co op ers; o lo t h t W In c lu d e s mlUmerr ' . ... i...... 1i.oln/1 o turn .it ii I trlnvPd' fllPIT11hills UlClllCiC (llU2S, Id T lll zera, pain ts a n d oils; p riu tin a a n d to o k ? in clu d e e n g r a v in g an d maps; Include? bakin g; le a th e r and shoes in c lu d e m ak ers o f h arn ess, sa d d lery , trunks an d ru b b er good s; llriuors in c lu d e to b a c c o , w in es, b re w e rs an d beer, glass m elu des ea rth en w a re, p o tte ry , b rick , Urae and c e m e n t; groceries in clu d e m eats and fish ; h otel? in clu d e r e s ta u ra n ts ; d r y g o o d s in clu d e cat p ets and c u rta in s, fu rn itu re in clu des cro ck ery; h a rd w a re In clu d es s to v e s and to o ls , and jewel] y In clu d es clock s a n d w atch es. Not less us-ful are the comments which Col. Grosvenor makes on the figures. He says that the failure of the National Cordage Co. swelled the “ other ” manufacturing liabilities last year in June by $9,160,000 ; otherwise that class of fail ures would have been larger this year than in 1895 or 1894. He notes that in woolen goods, lumber, manufactures and machinery, liabilities were very much larger for the second quarter than in either of the previous years, but thatin trading the comparison is curiously close for the three years, as well in amount of liabilities as in number of failures, and also in most of the important branches, though a considerable de. crease from last year appears in general stores. W ith refer ence to the mercantile disasters for the half-year he well says it is very helpful to keep in mind the large failures, which cause abnormal variations from the general course of things. Thus, besides the Cordage failure already mentioned there were in May of last year failures of the Minneapolis stock yards, of a logging concern at Minneapolis for 8800,000, and of two hat and fur concerns of the East for $500,000. In March manufacturing failures were swelled by that of a Buffalo malster for $2,500,000 and two tobacco concerns for $600,000, besides the Wood Harvester Works, In 1894 in the same month came the failure of Isaac Prouty, shoe manufacturer, for .$900,000, and some others for smaller amounts. In gen eral, Col. Grosvenor observes, manufacturing failures are apt to vary much more widely than failures in trading, on account of the magnitude of liabilities frequently involved in a single default. la u e la r g I© a m m e v c ta l^ U 0 lts It| jB tP B [From oar own correspondent. 1 L o n d o n . S a t u r d a y , J u ly 4. 1896. The unexpected strength shown by the Silverite Party and the fear that the Chicago Convention will declare for free- money. The silver market is q u iet; there is no eagerness to sell, and there is very little demand, and the price fluctuates around 31J^d. per ounce. The India Council continues to sell its drafts wonderfully well, having disposed of the whole five lacs offered for tender on Wednesday at an average price of Is. 2 8-16d, per rupee. The most notable incident of the week is the announce ment yesterday morning that the Midland Railway Co., one of the very greatest of British companies, has decided to con vert its preference stock into a new stock bearing a lower rate of interest, and to divide its ordinary stock into preferred and deferred, the preferred being entitled to a fixed dividend and the deferred taking whatever may remain over. Splitting of stock bas been much advocated for years past, but the really great companies have hitherto refused to move. The action on the part of the Midland makes it likely that the other com panies w ill gradually follow suit. On the announcement, there was an almost immediate rise in the Midland ordinary stock of £7. Money having become very easy once more, there is a steady move upward in all first-class securities. They appear extravagantly high, but no doubt they w ill go higher and w ill be maintained for some time at extravagant quotations, be cause money can be borrowed so cheaply that there is a very considerable profit on the transaction. The difficulty w ill come when money becomes scarce and every one wants to realize. There is also a very strong demand for British in dustrial securities. Argentine securities are again moving upwards, but the public is still holding aloof from the American department. The impression here is that the Democratic Convention will declare for free silver, but the British public, of course, is un. able to judge as to the prospects of the party at the coming elections. Inter-bourse securities are well maintained. The dividends announced by the joint-stock banks so far are wonderfully good, considering the extraordinary cheap ness of money during the half-year and the comparative ab sence of speculation. One of the very greatest of the banks (the London and Westminster) declares a dividend at the rate of 10 per cent per annum with a bonus o f I per cent. Twelve months ago the distribution was at the rate of 10 per J u l y 18, THE CHRONICLE. 1 8 9 6 .] cent. The ocher announcements are the same as tw elve months ago. The fo llo w in g return shows the position o f th e Bank of England, the Bank rate o f discount, the price o f consols, &c., com pared w ith th e last three y e a r s : E n g lis li 101 F in a n c ia l M a r k e t s —P e r L on d on S a t. M on. S liver, p e r o z ............. d. 33ifi 1894. 18SK5 1895, 1893. Consols, n e w , 2% p, ots. 1133a i July 4. Juh 1 July S. July 5. 113% F or a cco u n t................ £ je s £ Fr* eh rentes (In P a ris) fr. 0 V 9 & 101*95 143s Ciretila !oo ... 27,962,7-45 26,309,820 26,400,350 27.481,955 Ateh. Top. & S . F e ...., 14% 6c 478 Public deposits......... ..........* 10,755,9^6 9,788,498 10,942,163 5,881,295 Canadian P a o iile ........ . 14% Chesapeake & O h io___ 14% 57,727,701 37,881,212 34,933,104 36,914,3.2 Other deposits.— .......... . ,6% Ohio, i l i l w , A St. P a m 77% Govemmeo t securities.......... 15,280,891 14,481,177 13,121,3*23 13,207,014 Deuv. & K lo Grande, p fd 4 7 * * 49 Other securities . ................... 33,081,405 22,512.705 21,337,686 29,036,165 E r i e ................................ 15 15% Reserve o f notes and c tin...... 37,322,511 28,434,018 29,390,507 18,713,422 34% do 1st p r e fe r r e d . 34% 96 . . . 95% Coin & bnllion, both departm’ts 48,435,250 37,983.338 88,901,857 29,745.317 Illin ois C e n tr a l. 154% Lake Shore................ . . . 154 mi ' 43 7-16 * 83^ Prop, reserve to liabilities ..p. c. 54 7-18 L ou isville & N a s h v ille .. 50 >4 50% 2 2 Bank rate ... .percent 2 2H 69% d exioa n C entral 4 s ---69% 107 3-18 101 J 4 98 15-16 Consols, 2% per c e n t .............. 113 11-18 do. K an . & T e x . oom .... 11% 11% 30^'d. 23&d. Sliver .............................. sitfd* 34Ma. S. Y . C en tral A Hudson 98% 99 14% 14% Clearing-Hoaae returns,.........213,385,000 171,744,000 163,707,000 173,867,000 S. Y . Ont. A W estern .. N orfolk & W est’ n, p re f 9% 9% T h e rates fo r m oney have been as fo llo w s : 18% Northern Paolflo, p re f. 16% 54*2 P e n n s y lv a n ia ............... 54H Interest allowed Phil. & Read., p e r 8liar, 7 7% Open Market Rates. 9 9% Southern R y., e o m ...... fo r deposits by i 26% 25% do p r e f d .......... Trade BUI*. Sank BOli. 7% Union P a o lf lo ........ — DUe’ t B ’l i 7% London. * Wafraab, p r e f ... ----- 1 16% 17 S Thru Three Six Four Six Stock A t 7 t o ll Four 3 Months ] Months Months Months Months Months Banks. Call. Dayi Ilk 1 June 6 2 % W-WjK 13-19 %18-H iw m ** 12 t U*18 U-10 H UMM i m m IW®1% .4 u -ia iiis 10 2 X m m n m x m »m m 2 H 13-10 H 13*10 H 13-16 1S*»1% 1M&IR 9-10 9-10 11-18 JuJy 3 % l H w X X X X X Th e Bank rate o f discount and open m ark et rates a t the oh ie f C on tin en tal cities have been as fo llo w s : R a l't o f Inter t*t st July 3. Bank m u . Piuria........... Hmsabanj...... F m aktort,. .... AmsterdAm..,. Brmnmls...---VUumA*--- -A. St. P«ar»t>®rifM adrid ......... Qopenbmen..., June 26. Open Bank Market Mate. i 3 3 3 3 3 4 «% 5 BX m IX -H nt *% f m 0 6 BX % 3 3 3 3 3 i «x 6 ** June 19. Open Bank Market m u . m W 2% m m 2 SM 6 b BX % 3 3 3 3 3 i «% 5 8% June 12. Open Market Bank Rate. 2 3 3 3 3 3 4 BX S14 3 m 3 2J4 3 2H V4 m 4% 5 m Opm Market 1U m m n* m 3M m 5 3 Messrs. P sxley & A b e ll w rite as follo w s under date o f J u ly 2 : G old .—T h ere lias been sufficient in q u iry to absorb a rrivals, but it has on ly perm itted a v e ry sm all traction o v e r flank b a y in g price. N o ‘•'Ola. e x c e p t sovereign s. hits reach ed th e Bank, i’ iie to ta l purchased (lu ring the w eek is JS122,0jo, w hile iAO.OOO has h*Mi w ith d ra w n tor M alta. A r r iv a l,: South A fric a , £207,000; N ew Zealand. £91,000; A u stra lia , £1315,000; China. £ « , HiO; Chili. £ 5.000. T o ta l. £505,000. s ilv e r .—U nder pressure o f buying <>rd- rs from N ew Y ork , the m arket u am ooed ttr 3 \t which considerable business took p iece.' N ew Y o r k h a . nine.- stepped bayin g, and the p ric e has fa lle n s lig h tly to «d ., s o d i y ’ s quotation . A rriv a ls ; S e w Y o rk . £103.000; C h ili, £40.000- T o ta l, *2 0 3 .0 0 J. Shipm ents to B om bay, £51.000. >=*>to’a;i D olla r-. - O f these coin th e la s t price q u oted was 30 r>!Qii., out tittle has been done d u rin g the w eek. A bou t £ ’3 1,000 has com e to hand fro m V era Ora*. T h e quotations fo r bullion are reported as fo llo w s : aou>. b m d m Mmdmnt. M LVm i. %y j tondan Standard. July 2. Bar Isold* Bur aotB, puttio g .o i Sp*m»h Old ......at. Do V , $. g tM coin.. . .m. Gorman gold coia.o* Francis gold i, 77 77 W 70 70 70 70 d» 9 m 0 2 m 3*4 314 *. 77 77 78 CORPORATE EXISTENCE EXTENDED. 2,336 - T h e N ation al Bank o f Columbus, G eorgia, u n til July 6,1916. * I m p o r t s a n d E x p o r t s f o r t h e W e e k .— The fo llo w in g are the im ports at N e w Y o r k fo r the w eek ending fo r d ry goods July <J and fo r the w eek ending fo r gen eral m erchandise July 10; a iso totals since the b egin n in g o f the first w eek in January. FOREION IMPORTS AT NEW YORK. F o r W eek. D ry goods .. . GenT m er’dtse 1895*96 Wheat im ported, <-.*2.56,113.610 1894-95. 1833-94 89.486,266 53.689.994 8 si®. o f h o .... < row o. 13.397,098 18,693,268 Import*of Boar----- i«,777,870 18.25li.47d m iim 30% so,;289,178 , 15,t*tJ-%967 18,927,015 1892-93 50,750,118 17,202,881 23,200,475 94,931,034 38,582,970 91,153,474 1894-95, 1893-94. 1892-93 864. 5-i, 23i lid. 26a. 9d 20s. 3d, 25a. 3d. 268. 96 f o l l o w i n g s h o w s t h e q u a n t it ie s o f wheat, flour and a l!oat. t o t h e U n i t e d K i n g d o m : T h lt irr-tk, L M < metk. 1895. 1894, Wheat................ qr«, ' n t w , ifpi.ii ti» <ir*. * * i » ............,..q r*. 1,811 ,18.0 241,000 535,000 1895. 1896. $1,486,921 $1,623,956 6,550,214 7,308,611 T o ta l ...... $8,234,580 #8,795,532 Nines J a n . 1. Dry goods . . . ! *76,437,784 $42,657,433 Ben’ l m ePdlae 261,827,014; 180,541,666 $12,913,111 $ 8 J 74 ,17 0 $76,610,004 194,553,767 $61,770,102 187,902,078 T otal 27 week-. #333,264,828 $228,197,101 $271,163,771 $249,672,180 T h e im ports o f dry goods fo r one w eek later w ill be fou n d in our report o f th e d ry goods trade. The fo llo w in g is a statem ent o f the exports (exclu sive o f specie) from the p ort o f N ew Y o r k to fo re ign ports fo r th e w eek en d in g July 18 and from January 1 to d ate; EXPORTS FROM NEW YORK FOR THE WEEK. 1893. | 1894 1 #8,234,338 $6,293,365 178,432,866' 180,743,761 18a5 1890. 86,540,634 170,738,561 $6,871,273 194,179,172 1,965,000 209,000 490,000 3,149,000 212.000 183.000 4,193,000 296,000 541,000 Im p o r ts , E x p o rts. O o td . W eek. G reat B rita in ........... .S in c e J a n . i . G e r m a n y ...... ........ W est In d ie s ............. M exico. ................... South A m e r ic a ........ A ll other co u n tries .. $3,000 $11,722*260 f 6.566.313 200.000 20,057,725 580,596 12,700 62 62 2,792,517 25,000 T o ta l 1896......... T o ta l 1895......... T o ta l 139-1.......... #215,782 $42,314,473 259,100 34,839,042 650,169 70,447,843 1, W eek. S in c e J a n . $ ........... ........... 11,857 372 12,009 1,207 $11,132,466 2,164,948 207,281 4,362,398 209,606 491,868 51,041 $25,445 $18,619,696 15.736 21,520,188 77,076 10,742,291 Im p o rts . S x p o rte . Supplies available for consumption (exclusive of stocks on September l ); id. 1894. 1893. $2,372,945 5,861,635; The fo llo w in g tab le shows the exports and im ports o f specie at the p ort o f N e w Y o r k fo i the w eek ending July 11 and since January 1, 1890, and fo r th e corresponding periods in 1895 and 1894: EXPORTS AND IMPORTS OP SPECIE AT NEW YORK. 1894-95. 1892-93. 1893-94. "•9,886,838 53,639,994 50,750,118 B arley,.................... 19.396,630 21,635, H i 26,622,876 14,115,249 O ats............................ 1 i .528,090 12,190,07? 10,991,851 11,289,0.56 Peas .......................... 2,104,980 1,958.929 1,883,626 1,999.891 Bean* ....... 2.30,5,422 3.706,152 3,143,901 4,380,851 Indian c o r n . . . , ........ 36,260,170 21.311,901 29,885,465 20,371.174 F lo u r . .. ........... .........16,777,870 16,280,470 15,965,907 17.202,881 The IN LIQUIDATION. 1,396—The Traders’ N ation a l Bank o f P rovid en ee, Rhode Isla n d, h as gone Into volu n tary liqu id ation b y resolution o f its stock holders d ated J a n e 27, to take effect J u ly 1, 1896. 2,761—The H om e N ation al Bank o f E a st Saginaw , M ichigan, has gon e In to volu n ta ry liq u id ation b y resolu tion o f its st-oi kholders dated June 22, 1896. T o ta l 27 weeks $180,667.2041 #193,042.129 #177,279,195 *201,050,445 1895-96. Im p ortan t w h ea t,cw t,5 8 ,U 3 ,510 A v e r a g e s e a s o n . . 25*. 68 July 2. June £5. smi-o u t a 1895-96, JSYi. T h u rs d. :1 d. 4. 31 8-18 #?4 B «* t)v a r . »oe.. oz. 31 7-10 0|4:1Bar aliv®r, contain • 31 13-10 3115-18 0 :j intf 5 gra. gotd..oz. 33 IS-10 31 1-16 78 3U '•Mexican dbliars.,0*. 3O0 18 78 *% ; 78 I AVer, prior wire it, week’j i * . 10 i W ed. N a t io n a l B a n k s .— T he fo llo w in g inform ation reg a rd in g national banks is fro m the Treasury D e p a rtm e n t: F or the w e e k .. P re y, reported. T h e fo llo w in g shows the im parts o f cereal produce into the U n ited K in g d o m du ring th e forty-th ree weeks o f the season, com pared w ith previous seasons: T o t a l . , . . . ____ __ T u es. 313g 31% 31710 3r?ir 113910 1137la H 37l6 H3716 113% 113% 113% 101*95 01*92** 101*85 101-68 14 12 % i3^s >3% 62*<s 61*3 61 61% 14 13% 14*4 14% 75% 73% 73% 74’ 8 48% 4S% 46 45% 15 14% 145g 14% 34 33 32*3 31% 95% 94 93*a 93% 154 150 147 145 4 8% 49*4 48% 47% 69*4 69 68 n% 10*3 10% 10% S8 96 95 94% 14*« 13% 13% 13% 9% 11% n% 11% 16% 16 15% 15 53% 52% 54% 53% 6% 6% 6% 6% 9 8% 8% 8% 25% 24 22% 22% 6% 7 6% 6*2 15% 15% 16% 15% ©mtxmevciulmxa HUscellaueaits HLeios X X X X X X X X X * C a b le . T h e d a ily closing quotations fo r securities, & c., at Lon d on are reported b y cable as fo llo w s fo r th e w eek ending July 17s S ilv e r. W eek . G reat B rita in ........... G erm any ................. W est I n d i e s . ,........ M e x ico .___________. . . South A m e rica ........ A ll other oou u trlea.. T o ta l 1896.......... T otal 1895......... T o ta l 1894......... ( S in c e J a n . 1. W eek. S in c e J a n . 1 99,021 485 $7,170 12,798 13,900 1,133 $7,48T 6,176 4,048 97,080 515,781 672,100 46,123 $1,403,102 *26,191,68: 768,300 18,829,502 469,000 18,730,16! $35,001 76,491 43,364 $1,348,793 998,563 870,037 *1,881,530 $23,287,961 3,029,626 11,360 803,223 21,872 ........... ............ O f the above imports for the week in 1896 812,945 were Am erican gold coin and .$12 w ere Am erican silver coin. O f the exports during the same time, $212,762 were American gold coin. THE CHRONICLE. 102 a B r c a d a tu ir * P lit n r e a l l r o u r lit P rom P a ie Go ld M 1 * 3 .—T h e statements below are prepared by us from the figures oi tue New York Produee Exchange. W e first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending July 11, 1890 Oat*. C om . Wheat. Flou r. Receipt* at— Bariev- R vt- BMJ.10Aibt D uj A.60 tb* Bueh. 56 Ibt Bush.32 lbs Bu*hAH lb flu .50 V> . 20,764 04.000 1,887,670 2,196,420 320,984 47.011 10,200 28,000 318,000 29.250 116,700 54,050 45.056 103,014 115,414 0,071 80,916 1,783,091 D u l u t h ........ 113.990 10,470 887,810 M in n ea p o lis. 14,100 1,200 61,800 284,200 1.4SW T o le d o .......... 29.036 14,318 2,900 55.025 D e t r o i t ........ 19,387 5,189 1,107 9,784 C le v e la n d ... 2,154 3.CC0 259,385 175,480 420,087 28.018 8t„ L o u is ....* 2,40 8,500 282,350 195.800 6,100 69.700 P e o r i a ......... 22,868 K an saa C ity . ......... ( V Month. N ovement a t 1894-95. 1895-96. t 298,69? 1,234,107 500,240 1,520,438 180,456 803,868 7,217,055 9.791,490 280,107 706,757 222,988 378,885 J u ly ............. A u g u s t ...... S e p te m b e r. O cto b er. .. N o v e m b e r.. D ecem ber J a n u a r y .. F e b r u a r y .. M a r c h ........ A p r i l ........... M a y ............. J u n e ............ T o t a l ... Y ew Sil v e . 1894-95. 1895-96. 81,973,909 r —N Y ew ork Im ports. E xports. 1895-90. 1895-90. . * 234,971 186,102 208,754 82,390 135,894 109,189 096,854 676,292 733,195 784.472 798,285 936,062 $ 3,767,587 3,935,352 3,324,538 3,211,938 3,899,418 4,203,944 4,300,826 4,363,358 4,209,810 4,432,010 4,543,575 3,545,593 5,582,460 47,797,949 * « * 2,210,373 11,984,591 1,296,300 4,841,^31 2,929,097 10,296,750 72,000 522,960 10,479,509 1,031,050 1,530,195 890,904 235,438 1,080,875 13,982,000 9,623,783 197,164 14,815,695 798,166 10,638,473 25,210,260 1,909,180 1,353,412 4,862,012 364.605 3,108,592 0,£60,178 2,874,801 3.272,677 3,589.361 1,503,458 <4,508,809 18,085,454 5,875,013 88,693 1,281.981 28,581,176 106.008,990 23.135,088 ork E xports. Im ports. . L X 1 IL o l —Attention is directed to the monthly statement of the Credit Lyonnais in oilr advertising department. —The official announcement of the formation of a com mittee to protect the intere-ts of holders of Ogdensburg & 10,512,052 109,258,652 110,438,230 146,771,375 39,108,661 4,053,606 Lake Champlain RR. Co.’s first consolidated bonds, to which 11.575.788 142.103,652 78,224,767 96,730,437 81,805.713 2,621,110 reference was made last week in our investment news depart 18.085.002114 7.012.553 146,067.395 115.252,894 28.397.03c 3,364,840 ment, w ill be found in our advertising columns to-day. The receipts of flour and grain at the seaboard ports for the —Messrs. E. H. Gay & Co., Boston, Chicago and Philadel week endea July 11, 1896, follow : phia. offer fo r sale the 3 per cent and the %% Per cent gold Rtr, Flou r, Wheat, Oorn, Oats, Barley Receipt* at — bbl*. bush. bush. bush. bush. bonds of the State of Massachusetts; see advertisement in 113.475 N e w Y o r k ................. 119.170 427.325 518,700 1,006,400 127,225 25,467 State and City Department. B o sto n ....................... 14.727 359,162 95.875 30 .737 ............. T o t .w k .’Od. 230,269 107,366 82.579 g a m e wk,'P5. S am e w k,’04. Since A uq. 1. 1805-06 . . . . 1804-06 . . . . 1803.91 . . . . M o n t r e a l..................... 50.222 Philadelphia............ 65.710 B a ltim o re..- ............ 19.67 1 R ic h m o n d ................. 2.150 N e w Orleans*............ 10.446 T o t a l w e e k ........ W e e k 1895............... 312.101 218,571 396.644 132.348 479.621 10.131 11,727 1.8M.916 491,171 202,414 31.721 8,700 3,050.482 2.087,131 498,120 2,632,834 1,104,800 606,240 3,920,749 1,053,9' 2 1,187,801 94,150 79,505 386.268 16*480 ;i33,773 48.034 121.826 335,5*7 11,432 38,700 l,32i,70L 2,621,573 999.323 513.100 100,973 14,951 0,750 10,000 ............ ............ ............. . . . . ... 557 492 137,225 ............. 130,991 396 7,181,701 O o r n ............... . R y e ..................... T o t a l (rralo. , 24,505.346 41,800,8.5'1 *• 33.373,349 *• 4 502,000 1,339.295 “ eee.ee,,105,590.500 8,380,810 10,068,250 9,797,877 15,913,098 20.740,428 20,126,077 1,514.670 189.819 17,072.702 33,142.809 19.105.702 1.781,104 140,459 41.933.445 27,957,868 24.347,429 2,6*0.24 6 743 811 58,480.987 71.248.830 97,642,799 The visible supply o f grain, comprising the stocks in granary at the principal points o f aceumalation at lake and Barlty , bush. 1,741,000 24,000 75,000 287.000 Rye, bush. 464.000 24,000 20,000 363,000 39,000 53,000 132,000 234,000 4,948,000 1,222,000 281,000 ‘ 15,000 2.000 i,66o 309,000 '26,000 25,000 256,000 323,666 ‘ 08,000 37,000 10,666 55,660 1i.OOO 11,000 6,006 wheat, i n store at -— bush. N e w Y o r k .................... 2.291.000 Do a flo a t.......... 24,000 A lb a n y ......................... .... B u ffa lo ......................... 1.014,000 Do a flo a t........ — C h ic a g o ........................13,462,000 Do a f lo a t --------------M ilw a u k e e .................. 404,000 Do a f l o a t ........................... D u lu th ......................... 7,499,000 Do a f l o a t .......................... T o le d o .......................... 301,000 Do a flo a t............................ D e t r o i t ......................... 116,000 Do a flo a t .......... O sw eu o......................... 46,000 8 t. L o u is ..................... 452,000 Do a flo a t.......... C in cin n a ti.................... 4,000 B o sto n ......................... 726,000 T o r o n to ........................ 175,000 M o n tr e a l..................... 371,000 P h ila d e lp h ia ............... 209,000 P e o r ia .......................... 43,000 In d ia n a p o lis ............... 81.000 K an sas C ity ................. 903,000 B a ltim o r e ............. ... 430.000 M in n ea p olis ............... 1 6 . 13 3 .0 0 0 On M ississippi R iv e r . 162.000 O n L a k e s .................... 1,852,000 O n canal an d r i v e r . . . 520,000 T o ta l T o ta l T o ta l T o ta l T o ta l J u ly J u ly J u ly J u ly J u lv 11.1896.47,220,000 4,1896.47.198.000 13,1895.41.25S.000 14,1894.53.155.000 15. 1893 59.36S.000 Ual* bush. C om , bxish. 5.000 120.000 140,000 5,000 238.000 1.000 24,000 154,000 4U.000 45.000 28.000 350,000 22,000 11,000 1.012.OUO 199,000 9,188.000 9,100,000 6.882.000 3,034,000 8,843,000 2,000 15,000 152,000 71,000 298.000 148,000 208,000 1,000 7,000 452,000 320,000 33,000 1,900,000 955,000 1,000 8.228.000 8,548,000 5,032,000 1.745.000 2.964,000 6,000 36,000 5,000 17,000 77,000 40,000 55,000 84,000 127.000 99.000 1,455,000 1,462,000 132,000 196.000 304.000 Merchandise Movement at N ew Y ork. Imports. Exports. 1894-95. 1895-90. C u s t o m s R e c e ip t s , a t New Y o rk. 1894-95. 1895-96. 1894-95. 20,338,424 29,323,417 26,397,471 27,488,686 27,636,023 28,610,140 28,880,726 23,621,575 27.804,467) 20,157,980; 88,003,178 25,385,667! 10,634,765 10,299,618 9,750,892 9.299,378 7,703,431 8,819,902 10,424,076 10,077,443 9.320,014 7,584,03? 7,300,059 7,213,322 6,175,579 8,723,355 9,692,600 8,229,310 0,769,717 7.433,102 12,818.691 9,342,283 9,798,203 8,825,022 8,104,105 7,610,817 f J u ly ........... AuausL.... S ep tem b er. O e t o b o r ... N o v e m b e r. D e cem b er. J a n u a r y ... F e b ru n rv .. March...... A p r i l ......... M a y ............ J u n e .......... 47,012,803 43,93*1,854 41,697,882 48.975.928 39.586,301 40.826.020 44,705,519 40.081.021 42,285,571 87,918,059 35,638,091 36.667.361 42,279,325 84,282.664 32,255,912 88,618.622 33,160,339 , 45.018,4711 25.813.459 26,435.213 20,573,660 31,775.858 29,728,271 32,108,201 40,438.020 38,838,007 46,383,885 ! 44,766,001 40,557,23,-v 38,702,742 33,801,742 27,377,962 80,003.815 29,929,852 29.862,948 30,822,094 Jersey City & Hoboken.. Mutual (N . Y .................. Y. & East R iv . 1st 5s.. Consol. 5s...................... 768.000 813.00 0 51.000 90.000 392,00. 102 Bid. N. 3,000 Ask. Bid. G A S C O M P A N IE S . 170 106 105 195 198 105 *a 100 *» 59 84'* 80 104 106*2 74 76 03 60 87 90 86 Peoples’ (Jersey C ity )___ 105*4 W illiam s burg 1st 6 s ...... Fulton Municipal 6s........ 80 Bonds, 6s, 1899............. 99*a 101 180 108 110 230 240 'Standard p r e t................ 98 100 71 Western Gas . . . ......... 32 30 90 87 34 104 165 § A n d a c c r u e d in t e r e s t . Auction Sales.—Am ong other securities the following, not regularly dealt in at the Board, were recently sold at auction: B y Messrs. Adrian H. Muller & Son: S h a res. B onds. 125 D eadw ood -Terra M in in g C o ......................$1 35 per sh. 56 Boston L a n d C o.. 2 25 “ 30 M urray H ill B an k .......... 101 $20,000 T h e M a rietta Ru n C oal & Coke Co., 1st, 6 per cent, 1913. M arch, 1895, Coupons o n . . . ............$1,000 lot. JpauMug and fftuam ctal. S p en ce r T r a s k & C o ., - NBW BANKERS, *T & 29 P I N K S T R E E T , 65 - YO KEL* S ta te S tre e t, A l b a n y , I N V E S T M E N T * S E C U R I T I E S . S amuel D. Davis Co., & BANKERS, N O . 36 W A L L S T . , N E W S a m u e l D. George Ba D a v is . r c la y M Mo YORK. Oh a s . B. V ffat . A o f f a t Total-. 409.728,400 I80.791.176i364.270.141 325,666,760 ______________________ 108.493.536_ 103,422.844 The imports and exports of gold and silver for the twelve months have been as follows: Ao&. D. D. K. B. & Bat’y —Stk. 165 167 1st, gold, 5s, 1932.J&D 112 115 $104 *a S c rip ............................. §100 102 85 Eighth A venue—Stock... 340 31 28 Scrip. 6a. x914............. 100 §104 107 21 42d & Gr. St. Fer.—Stock 315 20 50 80 193 195 42d St. Man. & S t N . A v. $104*«a 106 *3 1st mort. 6s, 1910.M&S §115*4 116*2 70 2d mort-income 6s. J&J 68 §108 Lex. A ve. & Pa v. F erry 5s. 114*a 115 §110 Metropolitan Traction... 95 96 §104 106 117 117*4 Ninth A ven ue—Stock... 157 163 166 Second Avenue—Stock.. 155 160 1st mort.,58,1909.M& N 106 110 110 112 Debenture 5s, 1909. J&J 101 103 103 Sixth A ven ue—Stock___ 185 195 100 170 190 Third Avenue—Stock ... 172*a 173*2 1st mort., 5s, 1937. J& J 1193* 120*4 §108 110 Tw enty-Third St.—St’k. 312 190 Deb. 5s, 1903............... 100 105 §117 Union R y—S to ck ........... 98 103 160 1103 ........ i 99 1st 58.1942 114 i\T 114*4 115 W estohearr, lsc,gu n5s^ J101 102 150 155 Gas Securities—Brokers’ Quotations. Consumers’ (Jersey City). 21,000 Bid. Ask. § A n d accrued in terest x Ex-dividend. G AS C O M P A N IE S . F oreign T rade of N ew Y ork —M o n th ly S tatem ent .—I n addition to the other tables given in this department, made up from weekly returns, we give the follow ing figures for the full months, also issued by our New York Custom House. The first statement covers the total imports and exports of merchandise and the Customs receipts for the twelve months o f the last tw o seasons. 1895-96. Atlan. A r e , B ’ klyn— Con. 5s, g.f 1931. A& O Im pt. 58, g., 1934..J&J Bleak. St. & F n l.F .—Stk. 1st mort., 7b, 1900. J&J Brooklyn Rapid Transit. B’ way & 7tli A ve.—Stock. lstm ort.,5 8,1904. J&D 2d mort., 58,1914.J&J B’w ay l8t,58,gnar.l924 2d 5s,int.as rent’1.1905 Consol. 5s, 1943...J&D Brooklyn C ity—Stock.... Consol. 5s, 1941...J& J Bklyn. Crosst’n 5s. 1908 Bkl’n.Q’ nsCo.&Sub.lst Bklyn.C.&N’ w t’wn—Stk 5s, 1939................ ....... Central Crosstown—Stk. 1st M., 6s, 1922...M & N Cen.Pk. N .& E .R iv.—Stk. Consol. 7s, 1902...J& D Columbus & 9th A ve. 5a. Ohrist’ p’r& lO th St.—Stk. 1st mort.,1898 .. .A & 0 B ’klyn Union Gas—Stock. 29,666 Brokers’ Quotations. S e c u r itie s — Bid. Tlie total receipts at ports named in last table from Jan. 1 to July 11 compare as follows for four years: F lo u r ................ . bbls.. City R a ilro a d & W N a n lexand er M. h it e o s t r a n d w h it e . . Jr , BANKERS 30 p i n e s t r e e t , - - n INVESTMENT SECURITIES. e w y o b b . THE CHRONICLE' JOEY 18, 1896.] % h z j a n k e r s ' (Haxette. D I V I D E N D S . Sam e o f C om pany. Per Cent. 103 Posted rates of leading bankers follow : J u ly 17. Sixty Days, j Prim e bankers’ sterlin g b ills on L o n d o n .. When Payable. Book* clo s e i. (Days inelusice.) R a ilr o a d * . 1 1 --------- t o -----------A tla n ta A West P o in t . . . .......... 3 Ju ly 1 Sept. I to Sept. 4 B oston A M aine.com . (qu ar.) . . . 1*3 Oct. 1 Aug. 16 to A ug. 19 Do do pref. ............. . 3 Sept. Hunt. A Broad Top., c o m ....... . 2 1.... 10 Ju ly 2(1 to Aug. 9 Do do p r o !............ 3 % ] Aug' 1 Aug. 9 to Sept. 1 Illin o is C entral . ....................... 2*3 Sept. 1 Ju ly 18 to Aug. 2 L o n g Island (quar.) ..... .............. 1 An?, 1 Ju ly 21 to A ug. 2 Nash. Chatt. A St. L. (q u a r .)....... 1 Aug. -■> Ju ly I S to Ju ly 26 T o led o A Ohio Cent., prof, (quar.) 1% Ju ly B i i i Ki . A u «. 1 la ly 21 to Aug. 2 Corn E x ch a n g e........ ................... ; 6 Aux. 1 Ju ly IS to Ju ly 31 P a cific (quar.) — ................ 2 T r u s t C o m p a n ie s . to Ju ly 14 5 Ju ly 15, M etrop olitan ............................. E ir e In s u r a n c e . Aug. 1 Ju ly 26 to Ju ly 31 B ro a d w a y ................ .................... 5 C ontinen tal ................... 10 — t o -------On dem. — t o --------On dem. F a rra g u t-------------------------------3 — t o -------On dem. K in g * C ou nty.......... ..................... 0 — t o ---------On dem . P a c i f i c . . . _____ ________________ .. I 5 On dem. P b e n lx ........................................... 5 — to -------W illiam sbu rg C ity ...................... 10 — t o ---------On dem n is c e lla u e o u * . A lb a n y By. ( q u a r . ) ............... It* Aug. to B rooklyn C ity KB. (q u a r.).......... 2>» Ju ly 15 Ju ly 12 to July 15 Columbus (O.) St. By. (q u a r.)___ 1 Aug. . 1 Ju ly 22 to Ju ly 31 Henderson B ridge........................ 2 >s Aug. 1 Ju ly 23 to Aug. 2 Hudson R iv e r Telephone............ 1 Aug. St. By. A Illutn. Properties, pref. 3 Aug. 1 July 21 to Ju ly 3 t W orcester (Mass.) Traction, pref. 3 ) 1 ----------t o -----------Do do do (ex tra ) 3* v Aug. D ocum entary com m ercial......................... Pa ris bankers’ (fra u os).............................. A m sterdam (guilders) bankers................ F ran k fort or B rem en (reickm arks) b ’ kers D em and. 4 88% ® 4 8943 4 87 % ® 4 87% 4 87 ® 4 871a 5 16 (j© 5 164! 5 14sle 5 I D s 4 0 '. . ® 40% 40 7,„® 40% 9 5 % *9 5 7,« ;9513ift®9578 United States Bonds.—Government bonds have been ac tive and declined on rumors of a new issue. The new 4s recovered 1% per cent to day. Sales at the Board during the week include §849,000 4s. coup., 1925, at 112%: to 116; §11,000 4s. reg., 1925, at 115%: $86,000 4s, reg., 1907. at 106U to 107%: §7.000 4s, coup., 1907, at 107^ to 108%; §87,000 5sT coup., at 111% to 112%, and §53.000 5s, reg., at 111 to 112%. The following are closing quotaiions: Interest J u ly Periods 11. 2 s , ...... ............. re* 4s, 1 9 0 7 ............ rex 4 »,1 9 0 7 __ .. .oonp. 4s, 1925............rex. 4s, 1925......... eonp. 5s. 1 9 0 4 .............rex. 58,1904..........coup. 6s, 3ur’cy,’ 97. .rex. 6a, ottr’ cy,’ 9 S ...rex . 6s, e n r ’cy .’9 9 ...r e x . 4s, (C her.>1896.reg. 4s, (C her.) 1897. reg. 4s, (Cher.) 1899.rex. 4a, (C h er.ll8 9 9 .rex . Mm. 4 -J a a . <3- J a n . (J.- Feb. Q .-F eb. Q .- Feb. Q.- Feb. J. A J. j . a r. J. A J. M arch. M aroh. March. M arch. • 95 -107% M 04% *116 'L lt i 112 ^ • l i e 's *100% *103% *105% *100 •100 *100 *100 J u ly 13 1 1 J u ly ! J u ly 14 15. J u ly 16. -9 5 * 9 5 i* 95 *107% *10 7%i*107% D O S's 10 9% *10 8 l '5 % * H 5 % i ’ x l3 % 115% 114% 113% 112% *112% - x l i q I l l ' s 112 s l i e ' s - 10 0 % *100% *100% *103% *103% *103% *105% *105% *105% •10 0 *10 0 1*100 •1 0 0 *100 1*100 *10 0 *10 0 in o o *100 *100 1*100 J u ly 17. * 95 * 95 107% 10o% *107% 107% *112 ^ *111% 112% 1133s in *110% 1 1 1 % 111% *100 83 *100% *103 4 *103 *105% *105 *100 *100 *100 *100 *100 *100 *300 *100 ■ T h u H tb e p rice bid * t tb e m orninx board, uo sale was made * On account o f d e le n e d paym ents. United States Sab-Treasury. —The following caole shows The Money Market and Financial Situation.—The politi receipts and payments at the Sub-Treasury. cal situation and its influence in financial circles is worthy Balances. o f careful study. Uncertainty as to the support which the Date. | Receipts. eaym em s. ^ Coin Cert's. Currency. platform and candidates o f the Chicago Convention w ill re ceive at the election in November is the principal cause for $ i $ 9 9 unusual depression in security values this week in W all July 111 1,793,589 2,322,000 107,590,344 2,325,670 82,434,9X3 2.697,245 106,902,055 2,655,0*1 82,812,829 “ 13| 2,716,283 Street. Thts depression is not confined to speculative issues, 3.206,777 " 14 4,269,6s 1 106,551,280 2,665,632 82,090,149 but includes Government bonds, high-grade railroad bonds 2.607,599 •• 15 2,296,830 82.423,752 3,601.281 105,542,787 and the best class of investment stocks. The latter, how- j •• 16 3,677,047 3,842,948 105.243,210 2,098,106 82,156,452 ever, have doubtless been affected by the serious illness of a “ 17 4,166,296 3,607,801 105,181,310 2,594.761 82,870,406 prominent holder o f such stocks. Total 18,167,591 20,400,156 .................. ..................! ................... There was a reaction on Thursday afternoon which carried prices up an average of nearly tw o per cent from the lowest j recorded during the day. and to-day Government bonds have Coins.— Following are current quotations in gold for coins : been in demand on an advancing market. S overeign *...........$4 90 a $4 94 Flue sliv e r b a rs... — 69 3 — 69% The foreign market for Americans lias been dull and much Napoleons ........... 3 87 3 3 93 F iv e fran ca...........— 90 3 — 95** M exican d o lla rs.. — 53% a — 54% less erratic than tbe home market, with little or no evidenoe X X Keiohmarks. 4 80 a 4 86 Do unoom’ o la l.. - 5 3 % » — 54 o f liquidation. Notwithstanding this the foreign exchange *5 Poaem a........... 4 75 a 4 do 8i>au. Doubloons. 15 55 4>15 75 Peru vian sols...... — 4 8 % 9 — 49% market has hardened and rates have advanced to a point j M cx. Doubloons. 15 50 £1 5 75 English s ilv e r .. .. 4 86 ® 4 ^ 0 where jjold can be exported to the Continent at a profit. Flue gold lia r* ... par d % preiu. U. 8. tra de d o lla rs — 65 3 — 15 The shipments for the week amount to §3,275,000, including ! State and Railroad Bonds.—The Sales o f State bonds at §2,000,000 which has been engaged for to-morrow. Another week o f favorable weather is reported from the . the Board hav, been limited to §10,000 Virginia fund, debt West and the crop prospects are still more encouraging. The 2-3s o f 1991 at 57 and §10.000 Virginia defd. trust reots., present indications are that the granger roads w ill make stara[ied, at 4. The railway bond market has shown increasing activity, large traffic returns from the crop o f 1836. The open market rates for call loans during ;the week on which seems to have been the result of liquidation. The stock and bond collaterals have ranged from 1% to 3 per Atchison issues have been most prominent and the gen. 4s cent. To-day’s rates on call were 2 to 2% per cent. Prime declined to 73 on Thursday, a loss of 5 points, and the adj. 4s at the same time showed a decline o f nearly 7 points. commercial paper is quoted at 5(^6 per cent. Tlie Bank o f England weekly statement on Thursday Northern Pacific con. 5s have also been conspicuous for ac showed an increase in bullion o f £294,499, and the percent tiv ity and declined 5% points. Some reaction has taken age o f reserve to liabilities was 59-17 against 58-56 last place and all these issues have recovered in part. Southern week ; tbe discount rate remains unchanged at 2 per cent. Ky. bonds scored a notably heavy decline, selling at 81¥ on The Bank o f France shows an increase o f 800,000 francs in Thursday and closing at 83%. against 89 last week. Other active bomis which have fluctuated from 2 to over 4 points gold and a decrease o f 3,825,000 francs in silver. The New York City Clearing-House banks in their statement are Ches. & Ohio, Chic. & No. Pacific, Mo. Kan. & Texas, of July 11 showed an increase in the reserve held of $3,019,300 Ore. S. L. & U. N., Reading, Texas & Pac„, U. S. Cordage ■nd a surplus over the required reserve o f $22,337,275, against and Wis. Cent, issues. §30,328.275 the previous week. Railroad and Miscellaneous Stocks.—Stocks of all classes have heavily declined this week under a vigorous bear raid, 1896. iDijTeren'sfrom stimulated by the political situation and an advance in the 1894. 1895. J u iy 11. Free. week. | J u ly 13. J u ly 14. rates for foreign exchange. Even the high-grade investment stooks have suffered for lack o f support, and in a number of 60.6^2,700; C a p ita l........... 62.622.700 6 I. 0 S2 .7 OO cases the offering o f a few shares of this class o f securities S u rp lu s............... 74.075,700 72.302.700 72.145.800 lias resulted in a decline o f several points. The extent of (.Gan* Jc dise nts. 477.1S2.900 Inc . 953,600 511,092.300 482,730,200 this movement w ill be understood by referring to the follow C ir c u la tio n ........ 38,900 13.17M.300 10.119.800 14.595.500 In c . ing table, which shows the highest and lowest prices recorded N et d e p o s its____ 503,488,100 In c .4,441,200 567,970,000 589.524.500 Specie.............. 61,950,800 In c . 84,500 64,264,900 130.497.500 during the week for some of the more prominent and active L e g a l fe n d e rs ... . 86.158.500 Ino .2.934,800 111,132,900 90,935,000 railway shares. W A L I. S T R E E T . F IIIU A Y . J l’ L Y 17. 1 N 9 B -3 P K . R eserve h e ld ..... 143,109.300 Inc 3,019,300 175,397.800 221.322.500 L eg a l r e s e r v e ... . 135,872.025 Ino .1,110,300 141,993,500 147,381.125 Snrplu* reserve* 22,237,275 In c . 1,909,000 33,405,300 H i g h e s t . L o w 's i . . . . 95 90 73.941.375 Foreign Exchange.—The market for both sterling and Continental bills has been strong on a better demand from remitters and a more limited supply. Rates have advanced. To-day’s actual rates o f exonange were as follows: Bankers’ •txty days' sterling, 4 88 «H 88%; demand, 4 88%@l 89; cables, 4 8»01 89%. The follow ing were the rates o f domestic exchange on New York at the .1 der-mentioned cities to-day: Savannah, buying 1-18 discount, selling par ; Charleston, buying par, selling % premium ; New Orleans, bank, $1 50 premium ; commercial, 50c. per $1,000 premium; Chicago, 85o. per §1,000 discount; St. Louis, 3Oo.03Oo. per $1,000 premium. D ela w are A ...148% ...1 5 7 % ...1 0 2 ..124% .. . 73% 137% 149 X90 115% 66% H i g h e s t . L o w 's i ' St. P a u l................ N orth W est........... ..100% Kook Is la n d ......... .. 64 Lou lav. 6c N a s h v.. . . . 4 9 % Southern Ky. p ’f ’d .. $5% .Manhattan E lo v .. .. 99 92% 56 45% 20% 92% Northwest, Delaware & Hudson, Southern p’f’d, New York Central and Central of N. J. were from 2 to over 4 points below the lowest price o f the year. Rock Island and Lackawanna have not been so low since the panic of 1893; Manhattan Elevated has not, until now, been below 95 since 1890, and Burlington & Quincy has this week reached its lowest quotations of which we find any record. The entire active portion of the industrial list has also reached ex ceptionally low quotations, Cotton Oil p 'f’d, Leather p 'f d, and Western Union being especially conspicuous. THE CHRONICLE 104 [VOL. LXIII. NEW YORK STOCK EXCHANGE— A C T IV E STOCKS fo r weih ending J U L Y 17, and since JAN. I , 1896, .. — Saturday, J u ly 11. ----------------- — Hnlftfl Sales oo f ____ RRaann o -A n ,rr 11896 f g e fn fopr vy« ea the [ O n b a s i s o f too- s h a r e lo t s . } W eek, Low est. Shares. H ighest. H IG H E S T A N D L O W E S T P K IC E 8 . Tuesday, J u ly 14. M onday, Ju ly 13. W ednesday, Ju ly 15. Thursday, Ju ly 16. F riday, Ju ly 17. STOCKS. A c t iv e H R , S to c k s 12°8 A t. TOp. & S.Fe, a lii natal, paid 31,279 1,1*4 J u ly 16 17% Feb. 24 13% 11% 1 2 % 12 17*4 177 8 Do p re f. 15,865 15 J u ly 16 28*8 Feb. 24 18% 18% 10 * 405 78 Feb. 6 *8 June 10 '30 A tla n tic & P a c i f i c ........ *3 % 3,320 13 M ar. 6 44 Jam 27 ** 16*2 17 B altim ore < fc O h io.......... 16*3 15% 17*8 17% 17% 17* 1,358 19% J u ly 16 25*8 Apr. 23 19% 20*2 B rook ly n R apid Tra n sit 19% 20 21 21 21 21* 200 52 Jan. 4 62% M a y 27 59*2 60*2 C anadian P a c ific .......... 60 •59*3 60*s 60*3 60*5= ■ 6 0 * 68 2,301 51% Feb. 10 43 J u ly 15 43*2 45 Canada Sou thern.......... 43*4 44 45 15,396 90 J u ly 16 109% A p r. 23 92*4 93% C entral o f N ew J e rs e y .. 95 90 95% 9 7 % 10 0 % 200 100 * 101* 100* 102 153s Feb. 15 14*4 Jan. 9 14*2 15*2 C entral P a cifio ............... 15% *14*3 15*3 10 1 4 * 14“8 *15 7,278 13 Jan. 7 18*4 A pr. 23 16 •15 133a 133s Chesapeake & O h io....... 13% 13% 13% 13% 14 14 14' j 265 14 155 A p r. 2 155 A p r. 2 14 154 Chicago <& A lt o n ........... 159 §153*3 153*3 §154 156 160 6155 155 {154 154 67 6838 Chicago B u rlin gton & Quincy 91,657 663s Ju ly 16 8250 A p r. 24 66:*8 69*8 70*4 7 1 * 731 9 70% 71% 300 73* 72 43 Jam 18 40*3 A pr. 13 ,,4 l 42 Chicago <fc E astern Illin o is ... 41 41 41 *41 43 •41 42 .4 1 .... 98 Jan. 23 100*3 M ar. 5 ..... ............ Do p re f. 71 *4 72°8 Chicago M ilw a u k ee & St. Paul 219,549 63*s Jan. 7 7970 June 17 7 2 % ' 70*4 " 7 3 % 7 1 ” 74% 7 4 * '7 5 ' a *73*8 1,127 121*3 J u ly 16 130*4 Mar. 2 '7 4 * '7 6 §122 124 D o p re f 1273g 121*3 126 127 9 {128 128 20,487 92% J u ly 16 106% A p r. 23 •1 27* 128* 92% 96*4 94*4 95*2 Chicago & N o rth w e stern — 9 5 % 97 8 97 98*3 585 142 Jan. 8 150 June 30 100 100* 145 145% Do pref 148 149 §148*3 150 ■149* 152 *149 • 1 5 0 * 152 5678 58*2 Chicago R o ck Island & Pacific 52,303 56 J u ly 16 74 78 Feb. 24 56 58% 60% 57 60% 62*8 6 2 * 64 6 2 * 64 3,510 31*3 Jan. 7 455s A pr. 27 34*2 35 *2 Chicago St. Paul Minn. & O m . 34 35*4 3 5 % 36 36*8 37 3 8 * 39 360 117 Jan. 7 12 n*3 J u ly 3 •38 40 123 125 Do p re f. 124 {124 124 124 124*3 {124 124 124 •123 126 5,740 23*3 Ju ly 16 39*3 Feb. 10 24 24 C leve. Cincin. Chic. & St. L . .. 23% 25*3 25 27% 27% 28% 2 8 * 29 •28 28* 80 June 18 90*3 Feb. 20 Do pref. 1,043 14*2 June 22 1850 Jan. 23 *15 16*2 Columbus H ock in g V al. & T o l 16*4 16% 1 7 * 17' 4 *16% 17 • lo * 17* 125 50 June 22 57 Ju ly 17 Do pref 57 57 *53 65 65 •53 *56 65 * 5 5 * 65 ‘ 5 5 * 65 6,783 115*3 J u ly 16 12950 Feb. 11 117*2 118 D ela w a re & H udson............... 1217h 1223a 118% 121*3 115*3 119 { 1 2 4 * 1 2 4 * 1 2 3 * 124 3,940 149 J u ly 16 166 June 5 14950 156*3 149 15O70 15038 151*8 D elaw areLack aw anna& W eat ‘ 156 158 123s A pr. 16 14 Feb. 4 *12*4 13*2 D e n v e r <fc R io G r a n d e ........... 13 •1 2 % 1 2 % M 2 4,420 40 Jan. 7 51 Feb. 24 Do p re f. 43*2 44*4 43 44*4 44*4 45*4 . 4 5 % 45% 46* 46* 3,7/5 13*3 June 10 155s M ar. 12 1378 14 E r i e .......................................... 14 14*8 13% 14*8 1 14% 1430 14* •14 14* 100 33 June 29 41% M ar. 17 Do 1st p re f. *30*3 33 33* 700 17 J u ly 15 25 M ar. 16 Do 2d p re f 19 18% *18 18 17 17 2 0 % 20% 200 34*3 Feb. 24 25 Jan. 15 *25 30 E v a n s v ille & T e rre H a u te ___ 28 •28% 30 28% 28% *25 • 2 8 * 30 *28% 30 200 108*4 M ar. 13 121 M a y 7 G rea t Northern, p r e f............... 112 112 -110 120 *110 120 U lO 120 -110 120 120 •110 76b 89*4 Jan. 8 98 Jam 31 90 90*3 93*3 *90% 91% Illin ois C en tra l............. . ....... 93 92*8 92*8 {9 0 93 92 93 1,220 6*« J u ly 1 10*4 Feb. 7 6*8 6*3 Io w a C en tra l........................... 7 §6 7 -7 8 7% 8 *7 * 7% •Tia 1,075 22 J u ly 16 38 A p r. 23 Do p ref 23*3 23*3 22 25 22*3 25 28 30 28 *28 29 29 800 15*3 J u 'y 17 22*3 Feb. 5 L a k e E rie & W estern ............. 15*3 16*3 17 16*3 16*3 16% 16% *15 17* 1738 17'% 1,515 62 J u ly lb 75 Feb. 7 Do pref. 6430 64% 65 62 68 67 65 68 69 •68 69*4 6,0 01 134% Jan. 7 154% June 17 139*2 140*3 Lake Shore & Mich. Southern. 13734 143 145% 146*3 141*3 143 147 150 -147 619 74 June 26 84 Jam 7 *73 75 L o n g Is la n d ............................. 76 {7 5 {73% 73% *74 75 •74 75% . 74* N a s h v ille ........... 64,221 3978Jan. 7 5550 Feb. 24 4 5 % 47*4 L o u isv ille 453s 47*8 475q 48*4 46% 47% 48* 48 % 49% 1,030 6*3 J u ly 17 10*3 Feb. 18 Lou isv. N e w A lb a n y < fe C h ic.. 6 % 6*3 7 % G% *6*2 7 7% {7 7* *719 8% 2,904 11*3 J u ly 16 24% Feb. 13 Do p re f 13% 13% 12 14 11*3 14*2 17% 17% 17* 17% 18 38,161 92 7g J u ly 16 113*3 Feb. 11 96% 9 4 % 96*2 96 92% 95*3 94*4 95*2 M anhattan E le v a te d ,c o n s o l.. 96* 99 97 1,635 92 Jan. 6 109% M a y 25 M etrop olitan T ra c tio n .......... 95*2 95*2 94% 96 9 9 % 99% 97*3 98% 101* 100*3 1 0 1 1,002 90 J u ly 15 9778 Feb. 11 M ichigan C en tral..................... *90 93 90 91 91 9 3 % 9 3 % 90 •91 94 16 June 11 21 34 Feb. 21 *14 M inneapolis & St. L o u is ........ 17 *14 *14 L7 17 *15 17 m •15 18 300 66 J u ly 17 83 Feb. 21 * Do 1st p re f. 66 68 74 75 74 * *70 *70 74 100 Jan. 7 53*3 A pr. 22 40 D o 2d pref. *38 45 *40 46 45 45 *3S 42*3 *38 46 *40 1,586 10*8 J u ly 16 1330 Feb. 21 10*8 1 0 % §10*3 10*3 M issouri Kansas & T e x a s ....... 10 % 10 % 10*3 10% •10*3 1 1 % 11 9,759 1778 J u ly 16 31*8 Feb. 25 19 Do pref. 19*3 19 20*3 2 0 % 21*3 17% 19*3 211s 22% 22*3 18% 19% M issouri P a c ific ....................... 18,891 17% J u ly 16 29% A pr. 24 1734 19*4 2012 20% 20% 19*8 20 21% 21*9 1,200 17 J u ly 13 25 Jan 11 M obile & O h io.......................... 17*3 17*3 18 18 19 18 18% 17 *18 M S 's 20 N ash v. Chattanooga& St. L o uis -68 85 85 *68 *68 85 *68 85 *68 100 J u ly 15 51*4 Jan. 28 37 N e w E n gla n d .......................... 37 37 5,742 90 J u ly 16 99*8 Feb. 10 91*8 94 N ew Y o r k C en tral & Hudson. 90 94 91 93 92% 95 96 9478 95 *95 150 Jan. 2 15 Jam 22 11 N ew Y o rk Chicago & St. Louis -10*4 1 2 *12 12 12 13 *12 13 13i •12 13% *12 713s Jan. 17 80 Jam 22 *67 77 Do 1st p re f. -67 77 *67 69 *67*3 75 •67*3 69 *67*2 69 1,000 3550 A pr. 13 22*3 J u ly 17 Do 2d p re f. 22*3 2 2 % *20 23 *26 30 28 30 *27 30 *26 21 97 163*4 J u ly 17 186 Feb. 10 L69 -M63*4 165 N e w Y o r k N e w H a ven & H art. *170 .72 §169*4 170 * 170 172 •170 L72 3,643 123s Jan. 157e Jan. 31 13*4 13*4 N e w Y o r k O n tario &, W estern. 1 2 % 13*4 13 13% 1338 13*4 14 14 13% 133 770 7*3 J u ly 16 1178 Jan 31 8 N e w Y o r k Susq. & W est., new. 8 8% {8 7% 7% 8 *8 8 14 8i 8-4 8% 4,400 Do pref. 17*3 Ju ly 15 31*4 Eeb. 6 18 18% 21 21 22 22 17% 20*3 17*3 19 22 22 100 6 J u ly 14 t *8 A pr. 29 -5*3 6 * 3 N orf.& W estern ,3d instaL pd. 6 6*3 8 6 *5*2 * 6*2 10 14*8 M a y 8 1134 J u ly S * *11 12 D o p re f.,tr.ctfs.3 d ius.pd. 12 *11 12 12*8 * 2,425 9*3 June 20 t *4 M a y 23 Nor. Pac., 2d instalm ’ t paid. {6% 6*3 7 6% 6% 6% 7 7% 7% 8 778 1,363 110 A p r. 16 117*3 M ar. 9 D o pref., 2d in sta l. paid. 14% 14% 1430 14% 16 *15% 16% 15*3 15% 16 16% 22 A p r. 14 flO Feb. 18 *14 16 O r.R y & N a v .C o . ree. asst. pd. *12 *12 16 16 •12 *12 16 •12 16 '*550 13*8 A p r. 14 10 J u ly 2 O r.S .L .& U .N or.rec,3 d in s. pd 9 % 10 9% 9% "9 16 June 16 t23eJan. 7 24,801 Phila. & R ead ing 2 d in st. pd . 12*4 1 1 % 12 12% 12% 12% 13% 13% 14% n% 13H 500 12 J u ly 18*4 Feb. 7 12% 13*3 13*3 P ittsb u rg Cinn. Chio. & St. L . 12 M2 *13 12*3 1 2 % 14% "13 14*2 * * Feb. 27 15 59 52 J an. 8 D o pref. 51 {51 *40 53 51 56*31 * 17 Jan. 15 2038 Jam 31 15 P ittsb u rg & W estern , p r e f.. . . * ........ 15 15 15 * 15 16 Feb. 8 18*3 Feb. 10 R io G ran de W e stern ............... 110 114 M ar. 30 118 Jan. 3 113% 116 R om e W a tertow n & O gdensb. *114*3 117 •114*2 117 *114*3 117 §115*4 115*4 114 114 60*3 Jam 3 57 Jan. St. L ou is A lt. & T. H .,tr.rects 63 *57 62 *58 62 •57 63 63 62 ‘ 58 •58 *58 5% Feb. 7 612 3*s J u ly 4 St. Lou is Sou thw estern.......... *3 % 4 *3% 4 3% •3% 4 •3% 4 •3 % 3% 13 Feb. 26 708 7*3 Ju ly D o pref. 9 *7 % •9 10 *9 9 *9 10 10 8 7% 7% 27*a Feb. 24 22 J une 22 St. P a u l & D u lu th.................... *18 22 22 22 *18 22 •18 22 *18 *18 *15 §86 J u ly 1 91 Feb. 10 Do pref. •80% 87 *80% 87 •80*4 87 *80*4 87 *80*4 87 110 Jan. 22 115 Jam 11 15 *107 114 *107 114 * 107 114 St. P a u l Minn. & M a n ito b a ... •109 115 •109 115 *109 17% J u ly 15 22% Jan. 14 2,250 Southern P a cifio C o................ 1850 19 18% 18% 18% 18% 17% 18 18 18*8 18% 18% 73s J u ly 16 11 Feb. 6 7% 8 Sou thern,voting trust, oe rtif. 12,143 9 834 9 8% 8% 8 73s 8% 8% 20*8 J u ly 16 33*4 Feb. 25 22,255 2 4 3 4 Do p ref., v o tin g trust, cert. 21% 21 25 2 1 % 23 23% 24*3 20% 22 25*3 9*8 Feb. 25 6*8 Ju ly 16 6% 6% T e x a s & P a c ific ....................... 11,460 7 7 6% 7 6% {7 6*3 6*8 6% M ay 6 32 June 8 35 To led o & Ohio C en tral........... *30 35 *30 *30 *30 *30 35 35 35 *30 35 A p r. 6 75 75 Apr. Do pref. *70 74 *70 74 *70 *70 •70 74 74 *70 74 21 Apr. 10 3*a Jan. 7 U n ion P a c ific trust rec eip ts.. 630 10,975 6 6% 6% 6% 6% 5% 67e 6% 5% 5*3 Feb. 13 2 J u n e 10 300 *2 2 *2 2* 2*2 U nion P a cific D en ver & G u lf. 2 *2 2 2 2% 2% 7% Feb. 24 W abash....... , ............................ 5% Ju ly 17 1,075 5% 6 5 78 •6 6% 6 6 6*4 6* 6% {6 •6*4 7,462 14*3 Jam 7 19% Feb. 24 Do pref. 14% 15% 16 16* 14 78 15*4 16*3 16% 15*4 15% 14*3 15*8 13*4 Feb. 14 W h eelin g & L a k e E r ie ............ 734 J u ly 17 21,565 9 7% 834 9* 9'% 8»4 8% 7% 8% 7% 8% 8% 2,250 26*4 J u ly 16 40% Feb. 13 Do pref. 32 30% 31% 27*3 30 3238 323a 323 27®8 28*2 26*4 27 438 Feb. 24 1*3 J u ly 1 *1*3 2 * 1*2 2 *1*2 2 W ise. Cen. Co., v o tin g tr. ctfs . *1*9 2 Iflis c e ila n e o n s S to c k s . Jan. 27 19 •9 10*. 2,130 *9 ........ 1 A m erica n C otton O il Co 8*9 J u ly 8% 8% 8% 9 9 8% •9% 10*3 69 Feb. 11 47 41% 44% 47 2,161 39*3 J u ly 40% 40*3 47*2 471 §39% 39% Do pref. 39*3 41 1265s 1093b 1 1 1 1 4 1083s 111 A p r. 21 97 Jan. 326,061 106% 103% 104*4 106% 102% 105% 1037s 105% A m erica n Sugar R efin in g Co. 105*3 J u n e 12 2,813 95 Jan. IOII4 IOII4 101*2 101*. 101 101 95 10 0 % 98 99 93*8 98*2! Do p re f A p r. 2 95 6150 613* 6 2 * 61*4 G2*{ 59% 57*4 5938 A m e rica n T o ba cco C o........... 162,830 56*s Ju ly 58% 60% 56% 59*8 '9 3 99 103 Feb. 13 97 *96 100 97 •93 100 285 97 J u ly *93 §94 94 I Do pref. M a y 4 5750 60*; 70% 58 60*4 56% 5 7 % 51% 56% 52 5 5 % 523i 55 Chicago Gas Co., certs, o f dep, 61,914 51% J u ly • 153 155 164% A p r . 29 152*4 153 152 152*4 146 152 142 146 6,305 142 J u ly 144*2 146*2 C onsolidated Gas C om pany. 1330 A p r. 23 13*4 14 20 % 12 13*4 14*i 10 J u ly D i8.& C.F.C o.,tr.cts.all ins.pd. 25,506 13 10 12 11*3 13*8 11 26 26*s 25*8 39*3 M ar. 13 24*8 2 d 20 22% 22*3 24 21*8 23*3 G eneral E le c tric C o................ 23,526 20 J u ly * 64 ___ A p r. 15 *58*2 61 75 *58*2 110 58*3 J u ly 58*3 58% 58*3 58% ‘ 58*3 Illin o is Steel C o ..................... ‘ 22 24*2 22 23 4,390 19% J u ly 19% 20*3 N a tio n a l L e a d C o................... 20% 21*« 19% 20% 285s A p r. 21 21*4 21% M ay 4 86 92 §86*4 86*4 85*4 82 79 2,177 79 J u ly §81 84*4 81% 81 Do p re f 83*3 84 430 43 >43* 4 * 4% 3% J u ly 4*3 4% 4,222 4% 3% 6 * 3 Feb. 24 4*8 N orth A m erica n C o ................ 378 4*8 22 23 31 Feb. 10 23 23*4 21 >4 21% 18% 20 8,495 18% Ju ly 19*3 20*3 19 20*4 P a cific M a il............................. * 101*3 *110 *110 *102 112*2 P ip e L in e C ertificates............. 111 149 156 147*2 149 148 148 145 147 142 145% { 145 145 Pu llm an P a la ce C ar Com pany 1,006 142 J u ly 16 164 Feb. 11 69*8 69*8 *68% 69 68% 6.8% 68% 69 •68% 69*4 *687e 69*4 S ilver B ullion C ertifica tes___ 99,000 67^8 Jan. 8 70 Feb. 24 20*2 21% 20*2 21 17% 19*3 19% 20*3 16 18% 17 18*4 Tennessee C oal Iro n & R R . .. 33,494 16 J u 'y 16 34% Feb. 10 Do pref. •43s 4% 4 4% 4 4*2 63s Feb. 7 3% J u ly 16 3% 4*2 6,605 4*8 4 4*8 4*4 U.S.Cord.Co.,tr.rec.all Ins.pd. 8 8*2 8*2 *8*2 9 2,065 7% 8% P r e f., tr. reo. a ll ins. pd. 8% 7% 8 8 7*3 J u ly 15 123a Feb. 7 8 6% 7 •7 7*4 5% 6% 5% 6 3,592 5*3 6 5*3 J u ly 16 1 1 78 Feb. 8 6 6*4 U nited States L ea th er Co...... 55 57 50 55 48% 51 56*2 57*4 47% 50*4 Do pref. 54,778 47% Ju ly 16 69*8 Feb. 14 48 50*3 *17*4 19 1550 151% 15*3 15% 17*4 17*4| 16*4 16*3 980 14% June 29 29 Jam 13 U nited States Ru bber C o....... 16 16 7930 8130 83 833e 81*2 83 81*3 81% 33,088 77U J u ly 16 873flAnr. 22 77*4 80*4 78 79*3 W estern Union T e le g ra p h — 1 3 * 14 20 * 20 * >8 18* •17 21* •21 61* -60 •45% 4 6 * 13* « e 8 4 0 13% 18% 13% 19% 12% 17% •% 16% 21 60 43 x91 *14*4 133s •154 68% 41 ..... Those are bid and asked; no sale made. § Leas than 100 aha es. 1 B efore p aym en t o f a n y in sta lm en t. \ E x -d iv. and scrip. JU LY 18, THE CHRONICLE. 1 8 9 6 ,] 103 N EW Y O R K STO C K E X C H A N G E P R IC E S (C o n tin u e d )—XNAOTIVE STOCKS. J u ly 17. I s a o t it b St o c k s . f In d icates nulisted. B id. R a ilr o a d S to c k s . 100 100 HM> 100 KM) 100 100 KH> 100 Preferret'... P referred .. C hicago G reat W estern . TOO ftO 1(MT 100 100 P re ferred . AO .100 100 .100 TOO TOO 100 filn t & F ere M a rq u ette... P r e fe r r e d .......................... P re fe rre d . I Of) in n lo o 50 .100 100 B arrie A E ssex. Ohio riou th eru .... Peoria Decatur * 170 ;-% 120 3 ___ 102 155 68 16% 42 153 7 51 ;3% 6% 40 2% 12 ___ , ,iW Km .100 % M ay 158 Ju ly 115% Jan. 70 M ay 72 ._T__ J u ly 17. Bid, R ange (sales) i n 1896. A sk. Lowest. H ig h e s t. M is c e lla n e o u s S to c k s . ...... 1% (% Indicates actual sales. ) I n a c t iv e St o c k s . f In d io ates nulisted. Highest. 170 Ju ly 7% July 22% July 7 Feb. 8 131% Jan. 105 102 May 10 Jan. 23 51 M ay 70 Mar. 6 July 6% 45 4149 Jan. 155 Jan. 9 5% Jan. 60 51 Apr, 3% Ju ly 8 10% Apr. JO 45 A p r. 13 Feb. 37 Mar. 85 Jan. 25 Jan. g 3 2 Jan. 12 Ju ly 15 ‘*‘2 ” 14% 176 Lowest. ..... .. - .*-*<••* : ii7 % 65 io o T o l. S t I*. A K an. C it y A sk. % P e ir la A E astern. ; Range (sales) in 1896, 183% M ay 11% Feb. 29% Fel). 7 Feb. 131% Jan. 102 M ay 25 M ay 62% May 70 Mar. 10% June 54% May 162 M a r 9% June 60 June 6 Jan, 11% Feb. 50 Feb. 16 Feb. 43 Feb 25 ” Jan. 3% Mar. 18 Feb. 12 Feb. 2*8 Feb. 166% Feb. 120 70 Jan. M ay 1 -1 June 3% Feb. 3 Jan. - 6 June 181% Hay 182 Feb. 39 J * » . 46% Feb. 5 Feb. 5% Apr. 1 .... • N o p rice F r id a y ; latest price th is w eek . A dam s E x p res s......................... 100 1481.1 35 Am erican Bank N o te Co If : Am erican E x p res s....................100 110 Am . Spirit M fg, Co. (w hen issued)IT A m er, Telegrap h & C ab le........ 100 191 19 Bay S tate Gas 1F ................... .. 50 Brooklyn U nion G as.................. 100 184!% B runsw ick C om pan y.................100 *51 Ohio. Juno. B y . <fc Stock Y ard s.1 0 0 Colorado Coal & Ivon D e v e l- - .100 C olorado Fuel & I r o n ............... 100 117" P r e f e r r e d . . . ............................100 Columbus & H ook in g C o a l.......100 Com m ercial C a b le ............ 100 130 Consol. C oal o f M a ry la n d ........ 100 132 D etroit G a s ................................ 50 Edison E lec. XU. o f N . Y ...........100 Edison Elec. 111. o f B r o o k ly n ..100 E rie TelegrapU & Telep hone ..1 0 0 In terior Conduit & I n s ..........1 0 0 L aclede G a s............................. ..1 0 0 119 P r e fe r r e d ..................................100 40 M aryland Coal, p r e f . . . . ............ 100 M ichigan-Peninsular C ar C o .. .100 S p re fe rre d .................................. 100 Minnesota I r o n .......................... 100 155 15 N ational Linseed O il C o ............ 100 N ation a l Starch M fg . C o ........... 100 4 N ew C en tral C o a l....................... 100 O ntario S ilv e r M in in g ............... 100 11% Oregon fm p ro v 't Co. tr. r e e ls ..100 Pen n sylvan ia C oa l___ __________ 50 330 Q uicksilver M in in g ................. LOO 1% 13 P re fe r r e d ................................. 100 i'-fiflinS P-HJiflo Land T r u s t.........100 O. 8 C ordage, guar., tr. certfa.LOO ;i5 % ;40 LOO U. 8. E x p r e s s ...................... U. 8. Ru bber p r e fe r r e d ............. 100, m % W ells. F a rvo E x p r e s s ...............1001 188 40 145% July 150% Apr, 109% Ju ly 116 " M a y 89 " J u l y 97 " M a y 20 17 July 33 M ay 8 6 % 813s July 95% June % Feb. % Feb. 96% Feb 955s Feb. % July 4% Jan. 18% 16 Ju ly 34% Feb. 90 M a y 98 Feb, 4% Mar. % Ju ly 162% Apr. 162% Apr. 30 Mar. 32% M a y 26 A p r. 33% June 89 Jan. 100% May 20 80 55 16 8 8 13 3 18 59 35 17% 78 59% 53 15 4% 7% 8 % 320 1% 14 o 15 38 71% 88 A pr. Feb. July Feb. 62% 35 30 86% Jan. Feb. A p r1 A pr. Feb. 60 " F e b . Jan. 72 Feb.! M ar. 21% June Jan. 6% Feb. Mar. 8% Feb. Jan. 15 Mar. June 4% Jan. Apr. 340 June Apr. 2 Jan. June 14 June Jan. 7 Feb. July 24% Feb. Jan. 48 Apr. J u ly 89 Jan. Feb, Ju ly 101 ; A ctu al sales. N E W Y O R K STO C K E X C H A N G E P R I C E S . - S T A T jE BONDS .JULY I T . B E C O R IT IE 8 . B id. 'T tM sB , 5 » ............................ 1906 0 MM C, 4 * .............................. IDOOj 95 100 Oarrenov funding 4a ........... 1920; A •kaaaas—6s, fund. Hoi. 1899-1900* do. Non-Hojford 7s. Arkansas Central K R . .. . L >nl*lana~7s,eons_____ ,...,x91 4 N ew Y ork 8 AMft 9* C ity B an k Statem en t fo r the week ending Ba n k s . „ C a p ita l B u r p l’ * Loam , \ S p e c ie . j L e g a l*. D e p o s it*. Sank of New York..;*2,000.0 1*2.027.« «12.400,0 * i.370.0 $2,030,0 *12.130.0 2.080.0 2,178.7 14,669,0! 1,338,0 2.000,0 1,001,1 B M l M U»M ,7 15,601.0 10,452.8 8.144.0 4.4 47,2 19.310.4 JkflHincft....... * « » . ; 1,500,0! 3,504,7 16.312,3 1,328.3 4.401.0 W hm UL... **•*.« 1,000,0 380,0 4,415,0- 203,0 1.078.0 ......... 1,000,0 3,329,0 32,001,0 7,933*6' 946.2 20.837.0 .... 750,0 m ,y 2.200,0 105,2 291,8; 1.842.0 300,0. %$ m , l 23,095,1 3,270,8' 8,051.5 22.741.1 600.0 174.7 3,017,4 778.0 JUre&xat** Bxeh'jce 730.3 4.089.7 0 1.640,40,282,8 001.4 0 * li*tii* gfitlMttU**; 1.000. 1*124,9! 6,124.2 300.0 215,4 1,391,0108.6 g aieher#1A Drover*’ 133,0j 1.384.0 *00,0 320,0 2.355.0 180,0 295,0* 2.301.0 Mechanic** * -Trad’* 200,0' 171,-4 984*0 133*2 177.3 918,7 # r ««a «t e h 1,115,3 800*0; 510,5 3,094.9 223.8 umMt&T M.mnaSmfm 3.318.7 300.0 101,9 1,550,8. 340.9 235.4 1*779,7 014,2! 2,429.5 496,3 3,141,8' 53.3 §s*t« of Now York” \ 1.200.0 0 2,411.1 24,495,0902,0 4,054,0! 10.438.0 A .m «nm n Exeb*ase 5.000. 5.000. 0 3»8»8,3 21,821*1898,2 3,435*0 16.883.1 842.7! 4.869.1 1*000,0 1,057,2 5,600,0 884.4 HroadwftT. 1.000.0! 992,8- 0,021.8 504,7 iferc*oUla 1,006,0; 7.190.0 576.2 422.7 474,7' 2.468,4 457.0 3,023 9 PftStfift... ~ 1,500.0: 913.1 10.873,5, 2,071,2 2.100.0 12.458.5 aepabU e1,130,2! 5.953.2 450.0 002,0 5,750,8 704.5 Qmtitmm... 577,7 2.591.2 200.0 *285,8 1,759.7 237.2 5.514.2 700.0 $82,5 5,488,2 7*2,3 718.3 N o r th A 3,107,8; 19.487.1 1.000. 0 2*034,1 15,075.2 3,903.3 ftfctsoTer 600.01 354,0 8,010.0343*0 Irving 503,0! 3.039.0 315,1} 3.211.0 QiUmnA 8003) 3.012.7 277,7 JflaH iO ........ 601.0 1,179,0 750,0; 837, i 5.833.0 MArket 4k Fa.I too.-.-: 3,326,4 88,7 413,1 & Leather...... i 1*000,0 1.000. 0 i,2ti7,3 1.396.0 10.853,1 OortJ K z-C lw a 805,9 5,403,9 247,0 Continent*!-.. .. .. .. 1*000,0; 353.4 1,700,0 300,0; 417,7 Orion U i . . . . . . . . . . . 2.531,0! 20.710.0 I oportors4kTr»der»' 1.500.0 $.707,7 4.729.0 27,032.9 0 3,231.1 P »r * .....................J 2.000. 290,1 1,147,9 250.0 145,6 Z m River ... 3,65 7,2 18.378,1 Fourth Nation*!. ...i 3.200.0 2,132,8 2.118.0 9,485.0 N »tio n *L ..- 2.000.0 400,0 055,S 5,205,0 Narson*)...J 1,170,0; 0.598.0 300.0 838,0! 3,778.0 805.2! 3,216,0 750.0 Ninth .N*U oa*i...., 3.995,9 20 014,0 500.0 # ftiSV tr*f aw•MwUM *. — .«»-« j WW.V 7,164*0! 21.085.1 1,118,2 8,918.3 208,6' 7.022,0 rtUrd Nftttoiutt....... 1.000,0 -----**Nat* - - - -Kxahwgm - .............. 300,0) *281.2 1,351,4 N-Y. 341.0 i 2.986,0 250.0 8 'iw »ry ---- . — 364.7 3,580,7 200,0* N ew Torts County.. 350,6! 2,538,4 Gorman itaerieao.. 750.0 3.130,1' 17,008,4 500.0 Ctm m Nation*!...... 1 178.2 8,258,3 Fiftft Afeo'w. ... . 100 0 526.8 3,000.4 Gftrtaan Exchange.. 200.0 Kerch*t\ W ............ MechAnic*’-.......... 2,000,0 2,203,2 9.235.0 1.U34.0 200,0 United state#." 600.0. ■ -■. ■ ■ ■ ■ 3 0 0 * 0 1 U B eela 4 fcrttaOL. ........... IffttUmti-..—~ MmM of the Metrop. nm \ sid# 4 t»b o * rt ..... .. .. .. Sixth NaGcmaL..... 20 0,0 20O.Q 300,0; 200,0 6000; 200.Oi 1,095,6i *.761,51 Wmmrn, National.. 2.100,0 NfcS. Onion Bank.... Mbarty Nat. Bank. N Y. Prod. kxch'*©.. Total Ask. ------ 1:124;! €0 822,7 74 075,71477,152,9^1*960,8 2.850.0 2,038,8 1.387.0 290.7; 835.8 3.918.7 5.940,3 1*400,8 405.5 7,001.1 4,503,1 283.8 1,780.1 8.528,3 1,260,5! 354,0! 2,281,0 1.083.01 6,341,0 701.0 1,782,0! 5,833.0 8.829,4 406,4; 1,847,6 2.970.4 200.0 1,508.0 2.880.2 12,085,8 230.7 j jt M 58JI1603,488.1 SECURITIES Bid. Tennessee—6g, old ------1892-1898 6s. new bonds ..1892-8'1900 do new aeries............. 1914 Compromise, 3-4-5 6s...... 1912 3a___. . . . . . . ..... ..................1913 do ............. .,1913 Penitentiary 4gjs.............1913 Virginia funded debt, 2-3B...1991 6 b, deferred t’st reo't.s, stamped ....... 57 8 Saw fo r k City, Boston and Philadelphia Banks: We omit two ciphers (00) in ail canes. (00% omitted*) fifth j Bid. Mn«>nrl—Fund. ...........18911896 North Carolina—6a, old_____ J.srJ Funding del ...................... 1900 New bond*. J&J ........1892-1.898 0 « ........................... ........1 9 1 9 Siuth Carolina—4%s, 20-40..1933 >t (i«, non-fund....................... 1898 Stam ped 4 » ----- -... . .................. ST » eonols. 4 s ................ 1914- i aly 11, 1896. SECURITIES. A sk . A »U*ma—Class A. 4 to 5.......1906 f'apital d, , Surphu. j Loans. J Speak. . , Legate. iD&posits.iyO&rc’Vn, (Rearing*. s Vy a June 13- 134.699,4 ■474.278,3.62, ^ 4 , 9 82.489.5 490,820,4'14,^.0,9 “ 20.. 134.890.4 474,783,0 61,554.0 82,190, l! 495,329,8114,80 7,6 ** 27„ 134.698.4 474,909,3! 02,015,3 84.145.7 490.974,7 14,581,9 J uly 3,. 134.3 *$A 476.199.3 01,808,3; 83.223.7 499.040,0! 14,550,9 ------------ ( 1,950,8; 86.158.5 503,488,1 14,595,8 134.698.4 477,152,9 lion.* 0,509.0 138,555,0 9.803.0 June27„ 89,361*8 161.383.0 8.932.0 09.351.8 102,342.0! 8,010,0: 0,410.0:144.034.0 9.894.0 l a lf 8 7*712,0 143,473,0 9.960.0 ■ 11 69.351.8 102.027.0 8,737,0 P h ilo .. * 27,508,0 I 99,704,0 6.403.0 59.916.1 Jane 27,, 35.203.0 103.125.0 28,010.0 |100,510,U 0,503,0 60,578,3 July 11, 35.203.0 108.203.0 27,709,0 8 99,491,0 8.480.0 04.108.2 “ 13- 35.283.0 103,342,0! * We omit two cipher* in tU these figures, t Including fo r Boston and Ph ila delphia the item ** dae to other banki.” MigcellaneouB and Unlisted B on ds: H lu celia n ro tiH Bonds. Br'felyn Un. Has, iwt eons. 5s Ch. J im S. YCM- ~OoU,.g.,5!f 0*»L C. & ! , Do Tel. gu. 6h. — Colorado Fuel & I . —Gen. 6a. C ot & H ock.Coal dt I.—0s, g. Cona-Gas Co.,CUic.’- l » t gn.5» Conaoi. Coal conr. 8a....... . Dot, *|#a con. lat- 5 ............. EtliaouEloc. III.C o —1st 5h,. DO, of Jiklyn., laf. 6s.. &*&., N . Y.fCona. r -5b . Equitable J. ■&F ,—1stm . . . . Henderson Bridge—1st g. 0a. Illinois Steet deb. 5 s .......... Non-eonv.deb.5a . . .. ... ... In t. Condi 4k I oa. deb. 0a..... Man hat. Bo tch II . »fe L.g. 4s. 103 -ab. *108 ^a. 80 * 82 a. lOS^a *109 SaXOS 1>. H ia ceH a se O B s B on d s. Metropol Tel. & Tel, 1st 5s.. Mlob.,-renin. Car 1st 5s ,— Mutual Onion Teleg,—08, g ,. Nat. Starch Mfg. 1st 08— .. N -Y . & N . J. Teiep. gen. 5s.. Nori hwestern Teleg rapli—7s People’s Gas & C. / l»fc g, Os. Co., Chicago..... > 2d g. 0s. 1st cons. g. 0s . — .. .. ... .. P ie ah. Valley Goal—1st g. 6s, Sunday Creek Coal 1st g 6s. U . S. Heather—S.f. deb.,g.,6s. Western Union Teleg.—7s... W heel.U E . & Pitta. 0 ual 1at5 s U n lis te d B onds. A m B piriis Mrg., lat.wlieniss Jomstock Tunnel—(no. 4s.. N on a —" 6" indloatea price 64<f ,* “ * ” pri?e asked. L07*ab. *96 "b. 106 b. 100 a, ?0 b. Ill b 0 b. * Datest price this w e»lr. B ank Stock L is t—Latest prices this week. (*N o t listed.) B ANK& . B id . ABU. Bin Ask, B AN K S. B A N K 8. | Bid. [ A ha Garfield....... German Am . V 2 German S r * 360 Gsrm&ni*. 330 Ginenwlcft - 160 H anover. — 300 157 Ira. <feTrad's' 525 140 170 750 187^ Manhattan.. 207 M a rk e t* Pal 205 185 M ’oha’ & Tra’ .... M eroan tlle.. Meroh .«it8’ -Merch’ te E x n o ” Metropolis - 410 100 180 310 180 N ew York N .Y .C o ’nfcv 010* 600 ..... .... .... 193 N Y. Nat. Ex N in th ........ m b W an t. N, AMDVllik Orients .. Paciflo,. Park... People’ s Pheijtlx.. . Prod. Ex-".. Bepubllo— Seaboarj ... 95 120 130 175 180 . .. iio 200 270 23®"' ...... 550 110 1L4 145 155*’ 170 .... 421 100 193 Seventh 98 140 Shoe<fe Le'th 93 180 Stateof N. Y 105 112 138 T h ir d ...... 102 *2 Tradesm’ ij’ Union Sq.* 185 Union......... 202H ...... 150 Un'd States 175 Western m s 114 240 Weat Side.. 270 .. .. .. THE CHRONICLE. 108 t'lllb \ l»K b P rtl\ H U STO N. [VOL. LAII1* \Vl> BVLTIMLORE STOCK EXCHANGES. 8 ales o f th e Week, 8hares. r ic e s — n o t P e r C e n t a n P r ic e s Active Stocks. 1 1ndicates unlisted. i w n . T. * 8. F e$ (B o »to »).1 0 0 A tlantic 4 Pao. “ 100 Baltim ore 4 Ohio ( B a l t . ) . 100 Balt. C ity Pass’ger “ 25 B altim ore Traction “ 25 B altlm ort'Trao’ nlMPJliL). 25 Boston 4 A lbany (Boston). 100 Boston 4 L o w e ll “ 100 Boston 4 M aine “ 100 Central o f Mass. “ 100 Preferred 11 100 O e. Bur. 4 Quin. " 100 O ilo M il. 4 8t. P. (F A IL ).100 Oho 0 . 4G .vot-t.e“ 50 Olt. 8t R y .o f I mlii “ 100 Fitchburg pref. .f B o s t o n ) . 100 Lehigh V a lley . ( P h i l a . ) . 50 M aine Central (Boston). 100 M etropol'n 'rrao.tf (P A G ).100 Mexican Oent’l ( B o s t o n ) . 100 N ew E n g la n d .... “ 100 P r e f e n e d ........ “ 100 Northern Central ( B a l l . ) . 60 Northern PaoiBcJ ( P h U a . ) X O O P re ferred ; " 100 Old C olony....... ( B o s t o n ) 100 P en n sylvan ia . . . ( P h i l a . ) . 50 Ph il. 4 R eading.) “ 50 Philadelph Trao. 11 50 Union P a c ifio ... ( B o s t o n ) . 100 U n ion T ra ction . . ( P h i l a . ) . 50 m is c e lla n e o n a S to c k s . Am .Sug’r K.-tln.v ( B o s t o n ) ___ , P r e fe r r e d ........ “ 100 --Bell T elep h on e.. 25 Boat. 4 Montana. 25 B ntte 4 Boston.. 25 □alum et 4 lle o la Canton C o .......... ( B a l t . ) . 100 Consolidated Gas " 100 Eleo.Stor. B at’ y II ( P h i l a . ) . 100 P re ferred fi w “ 100 Erie T elep h on e. ( B o s t o n ) . 100 G eneral Eiectrlo. “ 100 “ 100 P r e fe r r e d ........ Lamson StoreSer. “ 50 LehI’ h C oa l4 N a v. ( P h i l a . ) 50 N. E .Teleph one ( B o s t o n ) . 100 P a .H e a t.L .& P ow fP A G o .)...... U nlt’ dG asIm p.H “ 50 Welsbach L ig n tli “ 5 W est End L a n d . . ( B o s t o n ) . . M onday, J u ly 13. Saturday, July 11. 13% 14 14 13% Tuesday, Ju ly 14. 13% *16% 17% *60 17 17% 17% 17 17 17 209” 208% 208% 208% ■207 ----- '207 208 160 160% 161 161 *10 *10 11 11 *52*3 *52% 55 55 70»« 72 73 73 72% 757s 718s 75% 5% 6 6 6 17% *17 207 160% *10 *52*3 72*4 74% 6 88 % 88% 32 32 * 88 % 32% ioi” ioi 32% 102~ 102* ■87e 9% ‘ 67*4 *7% -15% 67% 8 8% & 177*4 * 527s 53 6 7r 7% 69 71% *6 78 7 *4 14% 15 8% 70 *7% *153i 52 3i 6 lJw 69 *6% 13% *8 8 % 31% 98% 8% *60 13% W ednesday, Ju ly 15. 12 % 109% 11 IQ 1088s 11O70 106% 101 101% 101% 100% 205 205% 203 202% 203 85*3 87% 89% 87Q 88t0 "IQ 2% * 1 % 2 % *i% *300 303 303 300 305 ’........ 62 61% 61% 61*4 61% 61% 24*3 25% 26 26 26 108% 100% 204 87 2% 305 104% 100 201 83*4 * i% 303 61% 25 59 24*9 60 *18 42 *95 12 59 25 62% 18% 42% 61 22 25 58% 23 60 18% 41% *95 1030 66 39 i% made. 101 *58 *26% 62% *18% 42Q 59 62% 19 42Q "5 9 " 59 " 25% 26 *65 70 18% 18% *42 43 *95 ........ 12% 13% 67 67% 40 41 1278 127s 12% 66 66 66Q 6678 40 40% 40% 41 *1% 2 2 * 1% 2 * i% * B id and asked prices; no sale was Inactive Stocks. 17. A tla n ta (B a it ). 100 Boston & Providen oe (B o s t o n ). 100 Camden 4 A tla n tic p f . ( P h i l a . ) . 50 “ 50 (Jatawlssa_______ . . . . . “ 50 1st p r e fe r r e d ______ Central O hio............ ( B a l t . ) . 50 Chicago 4 W est M ich.(Boston). 100 Connecticut 4 P a ss.. “ 100 Connecticut R iv e r ___ “ 100 Consol. Tract, o f N.J.f] ( P h i l a . ) . 100 D elaw are4 B ou n dB r. 100 F lin t 4 P ere M a r q ... ( B o s t o n ) . 100 “ 10 0 P re ferred ........ . H estonville Passeng. ( P h i l a . ) . 50 Preferred 1i............. “ 50 Sunt. 4 Broad T o p ... “ 50 P re fe rre d ................ “ 50 Kan. C!’y F t .8 .4 M em . ( B o s t o n ) . 100 P r e fe r r e d ................... “ 100 L ittle Schuylkill........ ( P h i l a . ) . 50 M ine H ill & 8.H a ven “ 50 N e s q u eh o n in g V a l.. . “ 50 North A m erican C o.. “ 100 Worth Pennsylvan ia. “ 50 O r.8 h.Line2d usst. pdf Boston J. 100 P e n n s y lv a n ia 4 N . W. ( P h i l a . ) . 50 P h lla le l. 4 E r ie ........ « 50 K n tl d ..................... ( B o s t o n ) . 100 P re fe rre d ........ ........... “ 100 Bouthern..................... ( B a l t . ) .100 Preferred ................... “ 100 W est End.................... ( B o s t o n ) . 50 P r e fe r r e d .................. “ 50 United Cos. o f N. J .. ( P h i l a . ) . 100 West J ersey.................. “ 50 W e n Jersey 4 A tla n . “ 50 Western N .y . 4 Penn “ 100 Wisconsin C en tra l. . . ( B o s t o n ) . 100 P r e fe r r e d .................. “ 100 Woro’ at.Naah.4Rooh “ 100 Bid. P r i c e s 0/ J u l y & C harlotte 260 2 52% 5 141 240 22 163 10 30 50 5 25 61% 67 54% 3% 86 9% Ask. 95 265 53 44 8 143 250 25 11 32 50 60 29% 52 10 40 62% 69 4% Inactive stocks. 13 11*3 12 % F rid a y, Ju ly 17. 12 12% 1 *% 17 *16 60*3 60% 60% 61 16% 16*3 16% 16% 16% 16% 16 16% 16 16*8 208 207% 207% 209 208 *207 203 *207 203 159 159 159 155 158 11 *10 *52 54 633g 70 6 6 % 69% 67 70% 72% 71*3 72% 73% 5% 5*8 5% 5*8 5*8 15 18 15 89 83 8 8 % 88 88 31*« 30*3 31 31% 31*4 123 *125 96 95 95 90% 98% 8 8% 8 8 8 40 *38 3S 70 65 *65 * *66% 67 659 6% 6i>s 6% 6% 6% *15 *14% 15 16 *14*4 15*4 177 177 176 170% 176 177 5178 52% 50% 51 7g 51 5170 6 51516 6 630 s u m 63, 67 64 66^ 64% 66 67% 6 *6 6 6% *5 78 6% 1278 13*4 12*4 13 1 2 % 13% 17 *a *16*3 *60 63 17 16% 17 16*3 209 *208 208 *207 159 160 11 55 68% 71% 74% 71% 5 5% 18 88% 3L 31% 135 97% 99*« 8% 8% 3S *60 65 6% 7% 8 16*3 *15*9 16*3 177 177% 177*3 5278 52% 52% 6% 7 6% 68% 68% 69 7 0% 633 14% 13% 14 Thursday, J u ly 16. 10,950 17% * 35 1,2 2 0 1,700 68 134 13,837 33,900 1,225 260 260 2,385 2,360 2,239 35 1,125 2u7 3,292 18,176 7,792 310 32,272 R a n g e o f sales in 1896 Highest, L ow est. 11% Ju ly *4 Juue 13 Mar. 60% J u ly 16 Jan. 1578 Jau. 204 Jan. 202 Jau. 155 J u ly 10 M ar. 6 6 % J u ly 64 Jan. 4 78 Aur. 15 J u ly 88 J u ly 30% June 132 June 9438 Jan. 8 J u lv 38 J u ly 70 J u ly 67% Jan. % M ay 9 78 A p r. 175% Jan. 50% Jan, 1*4 Jan. 62 Jan. 3 Jan. 10 Jan. 16 17% Feb. 24 00 Fob. 24 8 6 44% Jan. 27 16 70 Jan. 2 7 19% A p r. 16 7 19 A p r. 17 7 217 Jan. 28 29 209 June 1 17 171 Feb. 19 31 12% M ar. 10 56 F eb . 28 16 82% Apr. 24 7 7 9 7s June 17 8 12% Jan. 2 17 30 J an. 2 2 97 Feb. 10 4 38% Jan. 30 30 136% Jan. 3 7 109% M ay 25 16 1230 Feb. 24 15 51 Jan. 28 * 85 Jan. 28 16 70 Feb. 14 25 167e J u ly 15 17 1730 M ar. 9 6 179 M ay 8 7 54% A pr. 23 10 81m June 16 8 72% M a y 5 23 10 Apr. 21 8 20 M a y 18 106% 102% 105% 104 105% 49,042 97% Jan. 7 1,439 95 Jan. 7 100 98% 98 97% 99% 738 197 Jan. 2 203% 200 201 200% 20 L 18,160 65 Jan. 7 82 82% 84 7g 84*3 86*4 410 1% 1*4 Mar. 7 1% iv 2% 1% 295 .Tan. 3 *300 302 68 30 3 303 300 61 *59 60 60% 60 328 55% Jan. 20 61 60 2,471 21 Ju ly 16 2L 23 24 21*3 22*4 282 24 24 Ju ly 16 24 24 25 257e 324 57% J u ly 17 58 59 58 57*3 58 21% 2,441 23 21 J u ly 16 24 2L 22 60 * *55 60 60 158 50 Jan. 8 264 17 Ju ly 17 17 17% 18 17 18% 41 269 3938 M a y 25 40 T40 40 11*4 20 96 96 *95 10% 11% 5,976 9 Jan. 7 12 1O70 11 64% 65 2,142 63% Ju ly 16 66*8 63*3 65*3 34% 33 1,195 34% J u ly 16 40 34% 35 370 1% June 29 1% 1% 1% i% 1% t T ru st reoei pts, $5 paid. J T ru st rec. 2d instal. B id. Ask. 64 Boston U nited Gas, 2dm . 5 s ..1939 Bnrl. 4 Mo. R iv e r E x e n p t 6s, J 4 J 117 N on -exem pt 68...... ..19 18, J 4 J 107 100 P la in 4 s........................ 1910, J 4 J 102 Ohio. B url. 4 N or. Ist5 ,1 9 2 6 , A 4 0 2d m ort. 6s................ 1918, J 4 D 97 D ebenture 6s............. 1896, J 4 D 99 Chic. B u rl.4 Quinoy 4 s .,1922, F 4 A 94% Io w a D ivision 4s.......1919, A 4 0 98 55 C hlo.4W .M ioh. gen. 5s, 1921, J& D Consol, o f V erm ont, 5 s.1913, J 4 J 55 70 Current R iv e r , 1st, 5S..1927, A 4 0 Det. L a n s .4 N o r ’ n M. 7s. 1907, J&J 65 Eastern 1st m ort 6 g .l9 0 6 ,M 4 S .. 120 Eree.E lk. 4 M .V ., 1st, 68.1933, end. 129 U nstam ped, 1st, 6s, 1933........... 127 70 K.C. C .4 Sp ring.,l8t,5g.,1925, A 4 0 K C. F .8 .4 M . con. 6s, 1928. M 4 N 85 K.C. Mem . 4 B ir.,1st,2s,1927, M 4 8 60 K. C. St. Jo. 4 C. B ., 78.. 1907, J 4 J121*3 L . R o o k 4 F t 8., 1 st,7 s ..1905, J 4 J 90 102 L ou is.,E v .4 8 t.L .,1st,6 g .l9 2 6 ,A 4 0 2m., 5—6 g .......................... 1936,A 4 0 Mar. H , 4 O nt., 6s....... 1925, A 4 0 107 M exioan C e n tr a l,4 g . . . 1911, J 4 J 64*3 1st consol.incom es, 3 g , non-oum. 17*3 8 2d oonsol. lnoom es. 3s, non-enm. 9 N. Y . 4 N .E n g,, 1st, 7 s ,1905, J 4 J * *118% 119% 1st m ort. 6s................ 1905, J 4 J *112 112% Ogden. 4 L .C .,C o n .6 s ...1 9 2 0 ,4 4 0 § 84 85 Ino. 6s.................................... 1920 § I s* 20 Ru tland, 1st,6 s.......... 1902,M 4 N $ 97 100 2d, 5s..........................1898,F 4 A 5 88 90 86 10 32 18 2 1 68 70 7% 7Q 21*4 21% 6f>% b6 86 87 Bonds.—Philadelphia 237% A tla n tlo C ity 1st 5s, g., 1919,M 4 N 103% Buffalo R y. con. 1st, 5s..........1931 49 50 Catawissa, M .,7 s ..................1900,F 4112” A 2% Choo. O.kla. 4 Gulf, p rio r lien 6s.. i% 107 2 i% Citizens’ St.R y.of lnd.,con.5B.1933 80 10 Cohuub. St. R y „ 1st, con. 5s..1932 112 117 Columb. O. Crosstown, lst.5s.1933 M ISCELLANEOUS. Consol. Traot. o f N. J., 1st,58.1933 80 A llonez M ln V , asst pd f Bos ton). 25 1 D el. 4 B ’d B r ’k , 1st, 78.1905,F 4 A 123% % A tlantic M in in g .____ 25 16 16% E a sto n 4 A m . ls t,M .,5 s.l9 2 0 .M 4 N 108% Bay State Gas 1i_____ 50 9% E lec. 4 People’ s Trac. stock, tr. ctfs 68% 69 9*4 Boston L a n d ............. 10 3% 4% E lm ir. 4 Wtlm., 1st, 68.1910, J 4 J 117 Centennial M in in g ... 10 T5 25 H eston ville M. & F., cou. 5s.. 1924 109 Port. W ayne Elect.TI.. 25 1 2 H u nt. 4 B r ’d Top, Con. 5 s.’ 9 5 ,A 4 0 106 Franklin M in in g....... 25 S 9 Leh igh N a v . 4% e.......... 1914, Q—J 109% Prenchm ’ n’sB a y L ’d. 5 % % 2d 6s, g o ld .................. 1897, J 4 D 103 Illin o is S teel.............. 100 57 57% Genera) m ort. 4 % b, g . 19 2 4 ,0 —F Kearsarge M in in g .... 25 9% 10 Lehigh Val.Coal 1st 5s,g . 1933,J&J 96 Osceola M ining......... 25 22 22% Leh igh V a lle y , 1st 6 s ...1898, J 4 D 104 Pullm an Palace Car. 100 144 145 2d 7e........................... 1910, M&8 133 Pennsylvan ia Steel.. ),100 20 C odboI. 6..................... 1923, J 4 D 118 Preferred i f ............. 100 50 N ew ark Passenger, con. 5s... 1930 101 J . 25 112 113 N orth Penn. 1st, 4s___ 1936, M a B 108% Tam arack M in ing___ 25 76 78 Gen. M. 7s..................1 9 0 3 , J 4 J 108 W ater P o w e r___ ____ 100 1 % Paterson Railw ay, consol. 6 s ........ Weetlngh. Elec. 4 M .. 50 25 25% Pennsylvan ia g e n .6 s ,r ..l9 1 0 , V ar 131 P t o L , cu m u la tive. 50 49 49% ...........1905, V ar 119 Consol. 6s, 0 Consol. 5s, r ................. 1919, V a r 118 A ^ o t > * l r . l O O - j r 4 g „1 9 8 9,,.j & j 73 74 _ C o lla t• T r. 4% g ..........1 9 1 3 , J 4 D 105 2 R 2 V 4 S , g „ Class A ?. 1989, A&O A 21 22 P a . 4 N . Y . C a n a l,7 s ...Ih06, J 4 D 123 B sstnt U nited ” -----"-.ifc • nGas 1 1st 5s, 1 .. 578 80 Con. 5s........................1 0 3 9 A 4 0 Pri.w Includes overdu e coupons. IT Unlisted. > A nd accrued Interest. .... ........ A p r. June June June Jan. M ay 21 12 18 15 31 22 66 Apr. 36% A p r. 38 A pr. 63 Jan. 39% Mar. 78 A p r. 21 M a y 46 % Feb. 96 Ju ly 15% June 81% Jan. 67 Feb. 2% Feb. paid. 2 15 16 31 13 14 6 8 17 15 2 17 14 Bonds. P e o p le ’s Trac. m is t certs. 4s..1943 P erM om en , 1st s e r .,5 s .l9 1 8 , Q—J P h ila .4 E rie gen. M . 5g.,1920, A 4 0 Gen. m ort., 4 g ..........1920, A 4 0 P h ila 4 Read, n e w 4 g „ 1958, J 4 J 1st p re f. incom e, 5 g, 1958, F eb 1 2d p re f. incom e, 5 g , 1958, Feb. 1 3d p re f. tnoom e, 5 g , 1958,F eb . 1 2d, 5s...........................1933, A 4 0 Consol, m ort. 7 s........ 1911, J 4 D Consol, m ort. 6 g ........ 1911, J 4 D Im p r o v e m e n t!!. 6 g . , 1897, A 4 0 Con. M .,5 g.,stam ped,1922,M 4 N T erm in al 5s, g ........ 1941, Q.—F. P h il. W ilm . 4 B alt., 4 s .1917, A 4 0 Pitts. C. 4 St. L ., 7 s ....1 9 0 0 , F 4 A Rochester R a ilw a y , con. os ..19 30 S ch u yL R .E .S lde.lst 5 g.1935, J 4 D U nion T erm in al 1st 5s.......... F 4 A A tlfr ? t ld& ta iP rf.^ ia t 7 s f1907, J&J B altim ore B elt, 1st, 5a. 1990, M & N Balt. C. Pass. 1st 5 a ... 1911, M & N Balt. Traction , 1st 5s.. 1929, M&N E x te n . & im pt. 6 s ..—1901, M & 8 No. B alt. D iv., 5 s.......1942, J& D B altim ore & Ohio 4 g., 1935, A & O P itts. & Conn., 5 g .,..1 9 2 5 . F & A Staten Island, 2d, 5 g.1926, J& J B al.& O hio S .W .,lst,4 *sg.l9 9 0 , J&J C ap eF .& Y ad.,S er.A .,6 g.l91 6, J& D Series B ., 6 g . . .... ... .1 9 1 6 , J& D Series C., 6 g ..........<...1916, J& D Cent. Ohio, 4*3 g ...........19 30, M&8 Cent. Pass., 1st 5 s .....1 9 3 2 , M & N Bid Ask. 94% 117 104 72 27% 16 12% 121 73 28 17 14 i.29% 119 104 100% 110 111% 100 101% 102% 103 100 116 112 109 104 106 102 98 117 80 113 109% 104% 106% 99 95 98V 99*3 108*3 109*4 109 109*4 105 108 74 110 106*3 107*4 110 103 ___ ........ 126*4 105% 208 91% 13% 311 6s.................. ............... 1904, J&J 8eries A , 5s................ 1926, J&J 4*38............................. 1925, A & O 5 g.1 911 , i t7 s .l8 9 8 , J&J 111 111*3 108 101 108 85 109*8 86 112 2d Series, 6s.......................... 1911 M&8 3d Series, 6 s.. ....1 9 1 c ., M&8 113 4th Series, 3-4-5s................ 1921,M&8 5th Series, 5 s.......................1926,M&8 104 110 115 101*3 1 0 4 *3 108 114 M ISCELLANEO U S. Baltimore W a ter 5 s ... 1916, M & N F unding 5 s............... 1916, M&N E x ch a n ge 3 V s ........... 1930, J&J Virginia (S tate) 3s, n e w .1932, J&J Funded debt, 2-3s.......1991, J&J 121*3 io i” 693j 563i 104 5s - . . . . . . . . . . . . . . . . . . . . . 1939, J& J tau ita b l* G as.tffl 1 P 1 3 .A & 112 102 104*3 70 57 1123i 102*3 THE CHRONICLE JULY 18, 1898.J 107 NEW YORK STOCK. EXCHANGE PRICES (Coatlaaed)-AO*rv F£? 9 >,VO0 ,JUL\ 17 AND FOB YEAR 1896. In C s t Ra il r o a d an d M lSCKLLAS LOGS BONDS. R a n 4 e ( s a l e s ) in P e rio d J u i y l 7 1896 H ig h e s t. R a II-ROAD AND M iscellaneo u s B onds . C l o s i n g R a n g e ( s a l e s ) i n 1896, I n f st P ric e P e r i o d J i u y 17. lo w e s t. H ig h e s t, A m er. C otton O il, deb., 8g-1900 Q—1? 106%b. 106% Ju ly 111% Jan. 78 M. K . & T exa s.—1st, 4s, g.1 990 J A D 78 Ju ly 87 Feb. 68 b.: 66 Jan. A n n A rb o r.—le t ,4 e , g ----- 1995 *4—4 54 72 Feb. 2 d ,4s, g . .......................... 1990 P i t A 52 Ju ly 63% Feb. A t-T . * S . F . —N ew g a a 4S.1995IA «fe O 74% 72% Jan, 84 81% Feb. Mo. Pao.—1st, co n .,6 g ...... 1920 M A X 84 Ju ly 97 J a a A dju stm ent 4 s.......— ___ 1995! N o v. , 38% 32% Ju ly 51% Feb. 3d, 7s................................ 1906 M A N *107 106 M a y 112 J a a CoL M id lan d—Cons., 4 g . 1940 F A A r 19%b. 120 Jan. 127 Feb. i 101 Feb. 104% June Pao. o f M o.— 1st, ex., 4 g .1938 F A A 102 A t l. A Pae.—G oar. 4 s ____1 9 3 7 !-.....-. 47 a. 40 Mar. 50 A p r j 2d ext. 5s..................... 1938 J A J 105 M ay 106 A pr, B ’ w a y & 7 tk A v.-lst.e o n .g .5 s'4 3 J & D! 115 b. 111% Jan. 117% M a y i St. L .& I r .M t .ls t ext., 53.1897 F A A 100 b. 100 Fell, 102% J a a B ro o k ly n E lev. 1st, 6 g . . . . l9 2 4 ;A . A O 75 b.. 79 July 102 Jan. I 2d, 7 g ............................1897 M A N lO o b. 100 Jan. 103% A pr. U nion E leva ted .—6g. — 1937.M & h 79 a. 78 J a y 100% Jan. 98 b, .99% Ju ly 102% M a y Cairo A rk . A Texas, 7g. 1897 J A D B T a j-n W b rf& W .H — 1st,5s,g.'4 5 i f & A 97 97 Feb. 101 M ay I 72%b. 74 June 31% M a r Gen. B ’y A la n d g r .,5 g . 1931 A A O Canada Southern.— lst,5s,1908;*I & J 107%b. 100 Jan. 110% Ju nel M o blle& O h io— N e w 6 g ___ 1927 J A D 115 b. 117 Jan. 120% M a y 2d, 5s....................... 1 9 1 3 ; M A Si 103 103 Ju ly 107 Feb. 59% G en eral m ortg a g e, 4 s ...1938 M A S 89 J u ly 68% Feb. Central o f X . J .—Cons,,7s, 18991 Q—J ,106%b. 107% A p r. 110% M ar. ; Nash. Oil. A S t.L .— la t, 7 s ..1913 J A J 127%b. 127 Feb. 132 June 115 b. 115% Feb, 120 A p r. I Consol., 7a...................... 1902 M A X 9S%a. 99 A pr. 102 Feb Consol., 5 g ....................... 1928 A A O G enera! m ortgage, 5 g . ..1987;J & J 1151ab.:112% Jan. 120 June!, N , Y . C entral—D ebtext.4s,1905 M A X 102 b. 100% Jan. 103% A p r L eh .A W, B ,,eoa,7s,as'd-190oj O r - M 103%a, 102% June 106 Feb. ! 1st, coupon, 7a................ 1903 J A J Il6 % b . 116% Ju ly 120% M ar " m o rtg a «e5 a .l9 1 2 M & S i , ........... 90 A pr. 92% Mar. | D eben.,os, coup., 18 84 .. 1904 M A S 105% a. 105% Mar. 109 Feb. A m . D ock A Im p., 5s — 1921 J A J 111 a . : l l l % j a a 114% Mur. ! X . Y . A H arlem , 79, reg. .1900 M A X H i b. 111% M ay 111% June C entral P a o lfle .-G o ld , 6s. 1894 J A J lO o b. 99% Jau. 104 M a y ! B .W . A O g d ., oou aols,ds.l922 A A O _ - ,,1 1 6 A pr. 119% Feb. Ches. <fe Ohio.—Ser. A, 6g. .1908,A A O 117%b. 115%_ A p, r. 118 Ju ly ! W est Shore, guar., Is ___ 2361 J & J 103% 103% J u ly 107% June M ortgage, 6 g __ _____ . . . 1 9 1 1 iA A O 115 ”114% * ’ A p r. I I s June X. Y . Chic. A St. L .— 4 g . . . 1937 A A O 103 b.,102 Jan. 103 Feb l s t e o K . l I . 5 i .................1939 M A X 106 104% Jau, : lt l% A i> r . X . Y . Lack. A W .—1st, 6 s ..l9 2 l| J & J , ............. 129 Jan. 133% June Construction, 5a............ 1 9 2 3 F A A *116 li.1112% Mar. 115 June 67% J u ly 78% Feb. G en eral 4%a, .1992 A A 8 6s 94 91% Jan. R. A A. D iv., 1stw n ., 4 g .l9 8 9 ;J A J .A W 1st,oou.,7g. 1920 M w A — 8 *139 a,; 135 Jan. 140 Feb. 9/% June N .Y . * .L 'U .E . L..U. ,* .— .-- | 85 a, 82 Feb. *• 2 d e o n .,4 * ..lB S 9 J A J 88 June I Long Dock, consol., 6 g . 1935 A A O ........... 431% Aj>r. 131% A pr. 95 b. 98 JAn. 102% Fob. E llz. L e x . A B ig . San..5g. 1902 M & 8 X.Y. S. H. A H .-C o n . deb. otfs. A A O 131 a. 131 M a y 137 Feb. Chic. Burl. At G.—Con, 7«.19U3;J A J 1 1 2 % b .ll5 % Jan. 120 June S.Y.O D t, & W.—B et. 4a, «.1 9 9 2 lM A 8 85 b. 86 J u lv 93% Feb. 97 % »-i 9> Ju ly 101% A pr, D ebenture, 5 »..................1913 M A -N Consol., 1st, 5s, g .......... 1939! J A B 105 b. 106% Ju ly 110 Feb. 95 b. 99 Ju * ly ■ . i 104 % Feb. C on vertib le 5 s .. . . . . . . . . . 1903 & &; 94% 94% Ju ly 100 J a a N.Y.Su8.*W .lflt-ref-,5s, fi.l937!J A J 93 93 J u ly D e n v e r D ivis io n 4b ....... 1922• Jr a Midland o ! X. J., 6s, g . . . l 9 1 0 |A A O ............113% May 95% June 118 Mar. 80 86 K eb m sk a E xtension , 4s. 1927 M & N J uly 91 % Feb. 67 Feb. N o rf.A W .— 100-year. 5s,g. 1990 J A J ............, 60 Jan. H an. >k St. Jos.—C oos. 6a. 1911 M S' 117 b. 115 A pr. 118% Jan. No. PaolUc—1st, coup. 6g. 1921*1 A J 113 b. 113 July 118 Mar. b. 112 J « a 117% M ay Cine. & £. 111.—la t, a. f. 6a. 1997 J & D l Do. J. P. M. A Co. certfs...... !.......... 112 a. 113% June 114% June Consol* 6 * . . . . . . . ........... ..1934 A & O 123 b. 123 Jan. 127 June General, 2d, coup., 0 g .. 19 3 3 A A (J 106%b. 100 Jan. 1115% J ’ne G eneral c o m » l , 1st 5 i..l9 3 7 jM 3c N 98 a. 98 J ».ly ! 102% Apr. 82% Mar. General, 3d, coup., 6 g . . l J37i*l A U 65 a. 64 Jau. C hicago <k E rie.—1st, % ,.I 0 8 2 [M * N v r , 108% Jan. ! 112 Feb. 40% | 31% Jau. 151% Apr. ConsoL m ortgage, 5 g ,..l9 S 9 | J A D trust gold notes. 6....... ».13 JIM 98 jM & N 189%ad 76% Jan. 94 A pr, Chie. Gaa L. A 0 .— 1st, 5ic. -1937:J 4 J ■ 80 b. 39% J u ly | 93% Feb. ______ ....................... ■Col. Chie, M iE ^ S C F .—Cou.74. t9 0 5 J & J 124 b, 123 Jan. 132% .Iune Chic. A X . Pae., 1st, a g .. l9 4 0 'A A O f 39% t37 Jan. 48% Apr. 18E» SouHiwfN^ D tv., 0*. -1909 J & J Scat. L .S . ,x **.. lst.,g u .6 .1 U 3 t;l A A d 142 a. >36 Mar, 144% Feb. ,.1 1 5 Jan, 118 M ay IM , So, M in a. D ir., 0 a .. 1910 3 & .1 m ' 112 J u ly i 16 % J imc N o. Pao. & M ont.—6 g ....... 193SiM * S l*t3 0 b. 126 J&n. 139% Apr. 1st,Obu4: P a e.W . Dtv.5a..1921 J 4c J 112 b. 1 10 Jan, (115!% Juno No. PaolBn Ter. Co— e g ...1 9 3 8 :J * Jj 103 a. 100 Jan. 109% June June Ohio A Miss,— Coils .!., 7 a .1898:* A J: ........ - .4 0 3 C M e & Mo, Hi t . D iv.,5a.. 1926 J A J 104 b. 103% Jau. i l l Jan. 104% M ay Wise. & M iim ., D iv ,5 g ...l9 2 1 J 4c 2. 113 a. 106% Jan, 1112% Mar, Ohio Soullptrii—1st, ti g . . . 1 0 2 1 J A 0 88 a. 87 June 9-1% Feb. 35 Feb. G eneral m ortgage, 44*..1921 M A X ’ 25 a., 25 Jan, T o r m i n a 1 , ...... . . . . . . . . 191 -4 J & J ‘ '112 b. 108 Jan. 114 June 94 B e n . M . r 4#., aerlea A . . . .108913 A 3 80 a . ' 80% Mar, 917 a Jaa ! 92% A pr. ! 98 June Oregon Im pr. Co.— IstO g . .1910 J A D M IL A- m r A i n t e r n . , t i s . HU 3 3 3c D I15% b 115% Jan. ,110 M ay Consol., ft g .... ...............19301-A A O il 18 111% June 36 J a a ( M e . A X. V»i—Consul., 7s. 1915 Q - F *140 138% M ay 141 Jau. O re.B .A X a v . On.—la t, 6g.l9 0 9 i*I A J 107 b. 105 Jan. 112% June Coupon, gold, 1 % . . . . . . . . . 1902 3 & D H 6 % b ,.!]1 8 , f( J u n e ! 120 M ay ConsoL, 5 g ................ 1 9 2 5 :J A D i t 92 b . ( 9 0 Jan. 198 Feb. Sink in 4?.fan*!, b a .. . . . . . . . 13 2 9 A A O 115 b, 112 J an. 110 Mar. Pivtm.Co.- -4%g. cou p___ , i ; i 2 l I A Jj 111 a. 108% Jan. 113 % June Sinking fund. 5,4......... 1929: A Sc O 1 0 8% a .a o8 Jau. 111 Mar. P .a C ,A 8 t.L .,b o n .g u 4 !•...!9-12 .......... i 111 a. 105% Jan. 112% Feb. Sinking fu od ,d eb eib .5 e-1 9 3 3 ;M A X 107%b, 107% Jau. 111% A pr. Doc. A Kv.m sv. -K g. 1920 J A J 100 a. 98% J u ly 102 M ar. 103 Ja!L 107 Apr. 25-year debenture, 5 s ... 1909 M ,v. > 106 Evans. D ivision, S g .......1920,-M *v 8 100 %a. 101 M ar. 101 M ar. 31 Feb. 100 Jab. 103% Apr. Extension, 4 e . . . ............. 1906 1 A A 102 2d m ortage, 5 s ...............1926 M A X 26 Mar, 124 Ju ly 13 > J uuo Phi la. 4 H ead.—^ G en.. 1 g . . 19 5 s J A J i 72% CMC. It.I. A Pae.—6 s ,c o a p .l9 1 7 J A J 124 i 71% Jan. 18 0 % June ; 90% Ju ly 106 Juno ls t p f.in c .,3 g, a d in st. p tL 'o s!.......... 1 28 E xtension and c o l , 3s.. .1934 J A J 100 18% Jan. 136% J a a 30-year debenture, 5 e ... 1921, M A 8 91 A S3 Jam 5% Jan. . 22% J a a 2 d p f.ln e .,5 g., 2 d lust. pd.’5 8 ;.......... f 16% 97% Feb. 3% Jan. 120% June Chie, St, P , M. A O . - f t » . . . l 9 3 0 W. A D; 125%a. 124 Jau. 129 M ay 3d p ttn o .fS ad in st. pd,*58 ....... f l l% b . 77 J a a 70 Clfle.AjW .Ind.—Gen.,g.,0».X932! % -51 114%b. 116 Ju ne 118% Fob. Pittsburg A W estern— i g . l o i r i J A J 65 Mar. 77% Feb. 60% C levela n d A Canton.—5 * .. 1917s J A J 172 b. 79 Jan. 1 90 Jan, M o Gr. w estern — 1st 4 .193914 A J 88 J ul.v Chur. L o r. A W h e e l— 5s . . . 1933|A A O 107 mi 104% A p r. 107% Mar. St. Jo. & Gr. Island.—6 g . . 1925'M A X t 43 a. 40 Feb. 151 Jan. St. L . A 8 a n F r .—« g , C l . 8 .1 9 0 6 -M A X 113 a. 41 1% Jan. 117% A pr. 0 C. C. A l . —Conaol. 7g -.191 f J A D; 131 %a- 119 Jam 134% M ay 6 Class 0 ...... ............. 10 0 6 M A X •118 !>. 112 Jan. 118 A pr. Ge&eriU eonsoL, Bg. ....1 9 3 4 J A J *114 a. "125 ‘ M ay 127 M a y 69% 70 July G eneral m ortgage, 6 g . 4 9 3 l ; J A J 106 b. 101% J in . 111 June 80 Jan. a O .C * 3 U . —Peo.<Sc*.. U . 11*40 A A O 38 Mar. Cons, guar. 4s. g ............ 19 9 0 A A O 12-1 a,, 23 M a y 14 b, 18% Mar. 23 Jan. Incom e, 4 * ..................... 1990! A p ril. 63% 67% June 76 Feb. 97 b. 94% Jan. 100 Jaa. St. L. A So. W .— 1st, la, g.1989 M A N CoL C oal A Iron—6k ._____1900{ F A A 21 b.i 23% June 32 F e b N't.*5r.i, g . .1903 -M A 8 114%b. I l l A p r. 11.5% Ju ly 2d, 4s, b . , lnoom e............IS siilJ A J Col. A Bth A v e . *ri. 85 83 Jau. O o i.H .V a l.A T o *.—Con.,5g. 1931 51 A S 8I.P .M .& M .—D a k .E x.,6 g.1 9 1 0 M A X 117 b. 119 Mar. 121% M ar. 90 Feb. 83 a. So Jan. 1st consol,, 0 g ............... 1933 J & J 121 b.: 117 Jan. 124% Juue G eneral, % ....................1904.J A D 90 Apr. 106 June D en y. A (tin G r.—1st, 7 *,g. 19O0-;M A X 110 b. 110% Jan. 114 Apr. *' reduoodto-1% g .J J A J ............101% Jan. 88 %b. 84% Juno 89 Feb. 87% 83 Jan. M ontana exten sion , 4 g . 1937; J & D 1st c o n s o l, 4 g ......... 1936, J A J 92 May 59 Feb. 52 | 50 July 93 %b. 92% July 08% JII fit: San..Vnt.A .A P.— lst,4 g .,g u .’43!J & J DuL So. 8b. A A l l . - 5 g . ...1 937 J A J 97 A p r. Edison E l. 111.—lst,cou .g.5 s.'95 J A J 101 93 a. 93 Jau. 97% Jan. 105% June So. Car. A Ga.—1st, 5 g ..,1 9 1 9 M A N 97 Feb, 89% So. P a olrto.A rtr.- 6 g ... 1009-10:J A J 93 %a. 94 Feb. 89 J uly E rlo —4, g, p rio r bond* 1006 J * J 95% Feb. * 'ly S o .P a rtite,O a L —6 g ..1905 l a A A o 110% 107 A pr. 111 Feb. G en eral, 3~t, g ...............1996 J A J * >Kt%!>. 63 Ju 67 Apr. 92% A pr. 91 90% Mar. 1st consol., g old , 5 g ....... 1987 1 A O >50 170% Feb. F t. W . A D e n v .C H y .—6 g .1921 J A Li I 50% 90 G *l.H .A 8 «n-A n-M .A P .x5 .1»t,5 K !M A X 90 J u ly So. Paeltto, x . ,VL— 6 g ...... 1911 J A J 102 b. 101% Jan. 106 Feb. 93 Jan. 94% Juue 83% ! 81% J u ly 80%b. 85 J a a Southern— 1st con*, g, 5 s .1994 J A J G es. E lectric,list). 6s, g . .. 19.22! J A 93% Feb. 93% Feb. E. Tcnn. reorg. lien 4-5 8 .19 3 8 M A S 90 a. 80 Mar. 70 fib m A pr. 71 Apr. *101 b.i J a a 102 Feb. E. T. V. A G .—1st, 7 g ----1900; J A J ............4 0 7 Jau. 1 1 1 % June H a n oi* C « ntral. — la. g ----Jan. 109% A pr. 10 1 Mar. 103% July Con. 5 g ........................ 1956! M A X 105 a. 40 5 W e s t e r n lin » * ,ls t , g .l9 f> l;F A A 114 J a a tu t.A O r e a tN o r .—l*t,6.*,g.1919:.M A N *111 JX 115 J a a 118% Apr. G eorgia Pae. latS-ds, g .. 1922 J A J ........... 110 Jan. m b# 70 J a a K n o x v . A Ohio l* t6 a ,g ..l9 2 5 !J A J 105 b. 113 Feb. 116 M a y 2d. 4-8#........................... 1909 M A .8 77% Feb. Bioh. A D a n v . con. Os, g ..l9 l& J & J 115 b. 115 Jan. 1 2 1 % June 90% Jan. 98 M ay Io w a C eo tra L —i s t , h e ...1:>,I» J A 0 : 94% K in gs (.'(*. K ie v.— t s l, a g .. 1925 J A J 60 a 57% July W agtN o.C arluU O tt-flit.g 191-1 J A J 108 a ,4 0 9 % Ju ly 114 A pr. 71 Jan. 93 F e b 88 a. 89 Jan. T eam 0 . 1, A K y —Ton. D .ls t, dg A A Q 90 May 90 Jan. La cled e G a * . - l s t , 5*, g. ..1910 Q - ¥ 92% Feb. ! 84 95J u ly H lrm lngliam D lv ., 6 g ,..1 9 1 7 iJ A J 75 b . L a k e Erie A W e s t ,- 5 g . ... l9 3 7 'J A J. 115 a 113 Jau. 117% June 91 A p r . i 80 J u ly 81 T e x a s A Pa oiflo—la t, o g. .2000 J A D 1* Shore. -C on,ep l* t,7 s .l9 O 0 J A J 110 b. 110% Ju ly U S Jan. 24% F e b | 16% J u ly 2d, Income, 5 g .............. 2000 March 18 CbBsoL Coup., &1, 7#.....1 90 3: J A l> 4 1 8 *36. 1 1 6 % June 120% Mar. Toledo A Ohio Cant.—5 g . .19331J A J 106 b. 105% Jan. 109% June 111 Jan, 115% Ju ly L e x . A v . A Pay. F. gn. 5 s,g.l9 93 ' M. A S- 114% 70 a. 168 Ju ly 1 77 Feb. ToL S t L . A K m l G —0 g.,.1 9 1 6 J A D L o n g Island.— 1st con.. 5g. 1031! %—J * 118 1 ! » b. - 117% Jan. 120 Feb. Union Paul He—6 g .............1898'J A J ............. 102 Feb. 107 M a y G eneral m ortgage, 4 / ,.. 1938 J A 0: 94 %a. 93% Ju ly 98 Jan. 97% F e b E x t sinking fund, 8----- 1890 M A 8 87 a. 88 J u ly Lodi*. A N a a h .—Cons. 7 ». .1898'A & O 10t% b. 104% Apr. 108% Mar. C ollateral trust, 4 % .— 1918 M A N t-15 a r t 43 M ay t 54% F e b Feb. SC O. A M obile, le t , 8 g ... 1930! J A J 110 116% J u ly 1 1 0 98 J a a G old 6s, eoL tru st notes. 180 4 P A A 90 b. 91% Slay “ •• 2d, Og. 1930 J A J 100 b. 97 Jan. 102% May 111 A pr. K an. P a e .-D e n ,D iv .,6 g . 1899 M A N ........... 106 Jan. 113% Ju ly 4 1 7 % Apr. General. O g ..................... 1930: J A D 111 77% Feb. 68% M ay 1st consol., 6 g .............1919 M A N 1 65 1 Unified, W ......................... 1940 J A J 73 b. 71 % Jam | 80% Feb. 1100 Jan. 115 A p r. O regon Short L in o—6 g . 1922 F A A 1106 110% J» Ill Juno LbUls.X. A. A Oh.— lst.,04,1910;J k -1 110 % 170 Feb. 151 J a a O r.s .L .A U t'h X .—C on.,5gl919 A A O t 60% 80 O on sn L .b s.........................1916 A A O 103 Fob. 89 Ju ly 40% A pr. 2 8 % J u ly 29% U .P. Den. A G ulf,con.,5 g. 1939!J A D M anhattan eonaoL 4a...... ,1990 A A O * m a. 94% A pr, 99 % Mar. 136% Feb. 111) Ju ly t 20 U. 3. Cord.—lB t c o L , 6 g . . . 1924 J A J J J A 118 118% Jau. 120% J u n o ! M it r e . EievatodU—l i t , 8#..19081 13 : 98 a. 97 J a a 105 A p r. V irgin ia M ld.—ltoo.M ., 5.1.1930 M A X 24,0# ...... ......................,1899: i t A N' 105 a.: 105 M a y 108 Apr. 109 A pr. 1 0 2 % J a a 101 Wabash— 1st, 5 g ........... ,1 9 3 9 ;M A X ----, . _ M & 113 Jan. Mich. Ctm t.—l « t , c m m . , 7**. 1902 5ft 110 n . 115 M ay 77% Feb. 2d m ortgage, 5 g..... ....... 1939 F A A 72% 69 Jan, 105 M ay 108% Fab, ! C onm L, 5 # . ................... 1902, M A N: W e s tX . Y. A Pa.— 1st, 5 g . 1937 J A J.*103 b.,105 Ju ly 103% M ay M il. Lake Sb. * w . - l * j , i ; g M & St- 129 a. :129% Jan. 132% Apr. 49% Feb. Oen. 2-3-4*. g o ld ........... 1943;A A Oi 40 a. 4278 July • ...... 1929 F & A 112 b. I X 1 Fob. 115% M a y , W est.IJn.TeL—llo l. tr. 5 s .-1938 J A J, 104%b.,101% July 108% June Mioja. JtSI, L. “ -1st ccm.da,g,.10341M cfe » 95 b. 98% Jan. 103% Apr. . . . 1937'J A Jit 30 130 Ju ly 146 Feb. 94 Feb. Mc% K . & E.— la t 5a, *?., gm..,1942' A M O 80 b 86 Jaa. ! ></rr'.,—" b " ludleitOM p ric e b u tt " a " p rlo e asked; th e ran ge Is made up fr o m actual sales only. ■L a te st p rlo e this w eek. 1 T ru st reoeip ts. S E W Y O R K STO C K E X C IIA S O E P R IC E S —(C o n tin u e d ).— IN A C T IV E B O N D S -J U L Y i r SECURITIES. 8 a H ro k ! \ B id. j Aak. ■ B o n d i* t sto ek K x e h a n g e P r ic e s .) j A lab am a M i i —1st, g u a r .. 1929 f A teh. T o p ek a A San Fran. C hicago A St. Lon.— 1*4, A k i n ) |*113 | Col. MW. l * t , g,,<M ........... ,1036 A ll. A Pae,—2d W. f>„ git. <5*. 1007 W estern D ivision incom e. .1910 ; HBait. ,t Ohio- tat, fie . Park i i . i ' i l p i*103 103 j i S E C U R IT IE S . j B id. \ Ask, ! IBstS. A Ohio—5a, g o l d . . 1925: *90 Obaa. mort.', $ $ ..— -.1088 *103 W Va. A P itta ,—1ft, K., 5 a ..l9 9 0 ........ 15. A O. S. W-. 1st, g., 4 % s .. .1990 *98 Morion. R iv er, 1st, k*» ^* •1910 . . . . . . * C en t'l Ohio Rnor.—le t .l'g s .lO S a :* ........ 100% A k.& C h.Jline.—le t,a o s .g tt. 1980 ........ B rook lrn E leva ted —‘2 d , 5 8 ... 1015 j*. . . . . . 50 Beaslde A- B. B.—lst,K,5s,ffU.1942 ........ .B r’ klj-ti R ap, T ra n ,—*tjold, 5a, 1945] . 7'7% : 78% S E C U R IT IE S . Bid. : A sk. Brunswick & W ’n—1st, g,, 4a. 1938 ~ uff. Bock. & P itts.—Gen. 5s..1937 *97 i Koch. A P ., la t, 6s.............. 1921 115 Book. & Pltfa.-O ons.18t,08.1922 Buff. & Snsoueli.—1st, 5s, g.,1 0 1 3 Burl. Ceil. Rap. A N o. 1st, 0.1 .1906 106 107 Consol. Sc eollat. trust, 5s.. 1934 Minn. & St. t . — 1st, 7s, gn - .1927 Ceil. Rap. I. F . & N „ 1st, 68.1920 ids 1st, 5a...... ..........................1931 102% 103 THE CHRONICLE, 108 [V o l . LXI1I, NEW SORR STOCK. EXCH ANG E P R IC E S .—IN A C T IV E BONDS—rO ontinuid)—J U L Y 17. S E C U R IT IE S , Bid. Ask H O M O —Ool. A.Cln.M.1st,49» h.1939 96 Osnt. R R . i Bunk. -C o l. *.58.1937 Cant, o f N. J.—Conv. deb., 68.1908, 99% ! Cant P acific—G old bonds, 68.1897 Gold bonds, 6 s ............. .....1 8 9 8 100 San Joaquin Br., 6s ..............1900 ICO Mort. gold 5 s . . . . . . . . ---- ....1 9 3 9 ‘ 90 Land grant, 5 s ,g ......... .....1 9 0 0 E xt. g. 5s, series A 8 C D ,.1898|*100 Cal. A O. D lv., ex t.g g . 5 s. ..1918 ‘ 101 West. Paottlo—Bonds, 6 e .. ..1899 ‘ 101 No. R a ilw ay (C al.)—1st, 6 s. 1907 50-year 6s .......................... 1938 ‘ 92 G J6S. 4 O.— Pur. M. fund, 68.1898 102 % O ral* V a lle y —1st, g., 5s— 1940 Warm 8 pr. Val., 1st, g. 5 s ..1941 Oaes. O, & Bo. W est.—1st 6 s, g.1911 2 d, 6 s..................................... 1911 Oh. V .~G en.oon.lst,gu.g,5s.l938 Chicago & A lton —8 . F ., 6a— 1903 114% Lon&. * Mo. R iv e r—1st, 78.1900 ■112 2d, 7 b................................. 1900 '111 St. L. JaokB. A C h lo.—2d, 7S.1898 105 Mlss.R. B ridge—1 st,s. f . , 68.1912 Chio Burl. 4 N or.—I8 t ,5 s ....l9 2 6 '103 D eb en tu res*........................1896 Chio. Burling. * Q.—5s, 8. f..l9 0 1 103 Iow a D ir .—Sink, fu n d ,5 a ..1919 1021* 95 96 Sinking fund, 4s............ 1919 Plain, 4s................................ 1921 *89% Chicago 4 Io w a D lv.—5b. ..1905 Onio. 4 Indiana Coal—1st 5 s.1936 *96 109 Obi. Mil. 4 St. P .—ls t ,8s,P .D . 1898 2 1, 7 3-108, P. D .................. 1898 123ifl l i t , 7e, $ g „ R . D .................. 1902 125 l i t , 1. 4 M .,7 s ..................... 1897 121 1 t, I. 4 D „ 78..................... 1899 121 1 it ,C. 4 M .,7 s ..................... 1903 124 1 it, I. 4 D. Extension , 78. ..1908 125 1 it, L a C. 4 D ay., 5s......... 1919 l i t , H .4 D .,7 s ....................1910 120 l i t , H . 4 D .,5 s ....................1910 *103 116% O iloa go 4 P a cific D iy ., 68..1910 106% K tneral P o in t D iv. 58.......... 1910 0. 4 L. Sup. D iv., 5a............1921 106% Fargo A 8o u th .,6 e, A s s u ...l9 2 4 Ino. oonv. sink, fund, 5s___ 1916 D i k o t a A G t . South., 5 b___ 1916 108 M il. 4 N or. m a in lin e—68... 1910 115 O aio.A N orw .—30-year deb.5B.1921 109i* Bsoauaba 4 L . 8.1 st, 68___ 1901 DS8 M. 4 Minn.—le t , 7s___ 1907 Iow a M idland—1st, 8 b........ 1900 Ohio. 4 M ilw aukee— 1st, 7 s .1898 1041* Win. 4 St. P —2d, 7s............ 1907 MU. 4 Mad.—le t . 6 b ............1905 110 <tt. C. F. 4 St. P .—1st, 5s. 1909 fo r t h e r n lll.—1st, 5s......... 1910 Mil. L. S.4W .—Con.deb.,5 b. 1907 105 Mich. D iv., 1st, 6 s............. 1924 Ashland D ivision—1st, 6 b 1925 131 •Gh.R.I.4P—D .M .A F .D .ls t 48.1905 1st, 2% s............................. 1905 Extension, 4s....................1905 K eoku k 4 D es M.—1st,5 s.. 1923 Ohio.St. P. 4 M inn.—1 st,6 s ...1918 St. P a n l 4 8 . C.—1st, 6s .......1919 128 O lio. 4 W. In d .—1st, s. f., 6 a .l9 19 General m ortgage, 6 s..........1932 114% Ohio. 4 West. Mioh.—5s........ 1921 Gin Ham. 4 D .—Con. s. f., 78.1905 120 2d, gold, 4% s........................ 1937 Oln. D. 4 Ir ’n—1st, gu. 5s, g.1941 107*2 Olev. A k. 4 CoL—Eq. 4 2d 68.1930 O .C.C. 4 8 t . L .—Gen., g. 43..1993 ........ Cairo division, 4s................ 1939 St Lou.D iv.—Istooi,t8’t4s,g.l990 91 93 Spring. A O oLD iv.—lst,g . 4s. 1940 su ite W .VaLDiv.—lst,g . 4s. 1940 Cin.W ab.4M .Div.—1st,g. 4s.1991 91 ...... Cln. I. St. L . 4 C.—Iat,g.,4s.l936 88% Consol, 6s .............. 1920 0ln.8an.4C!.—Con.lat,g.5s, 1928 *105 Indiana B. 4 W .—1st, pf.7s.1900 ........ Ohio In d .4 W .-l8 tp re f.5 8 ..1 9 3 8 C. Col. Cln. 4 Ind.—le t , 7e,e.f.l899 *108 Oonsol. sink, fund, 7 b..........1 9 1 4 Cln. 4S pr.—1st,C.C.C.4I.7S.1901 Cleve. L ora in 4 Wh.—1st, 5 s .1933 i'0‘7 " C leve 4 Mah. V .—Gold. 5 b. . .1938 Dal. Lack. 4 W .—Morn 7s___ 1907 128 Svra. Bing. 4 N. Y . —lBt, 7S.1906 *124 M orris 4 E ssex—1st, 7s___ 1914 138 Bonds, 7s........................... 1900 113 7s o f 1871..........................1901 1st, con., guar., 7a........... 1 9 1 5 *138 W a rren —2d, 7 s ....................1900 *111 D. 4H .C an.—Pa. Dlv. ,coup.7e.l917 ........ 140 A lb a n y 4 Susq —1st, gu.,78.1906 ........ 128% 1st, oons., guar., 6a..........1906 116 ReuB. 4 Bar. 1st, ooup., 7 s .l9 2 l D en v. Tra m w a y—Cons. 6s, g 1 9 1 0 M etropol. R y.—lst,g u . g.6s.l911 D eny. 4 K. G.—Im p .,g ., 58...1928 86 D et.M . 4 M .—L . g. 3%s,ser.A.1911 17i* D eL 4 Mack.—le t lien, 4s,g.. 1995 *90 4s, g o ld ................................. .. Duluth 4 Iron Range—lB t 58.1937 101 E rie—1st, extended, 7s..........1 3 9 7 104 105 2d, extended, 5s................... 1 9 1 9 115 3d, extended, 4%s................ 1923 1061a 108 4th, extended, 5s........... 1920 112 % 5th, extended, 4 b................ !l9 2 8 102 * 1st, con., g - r d , 7 b ..............1920 B .N . Y . 4 i . —le t , 7a...... " m e 132 Boll. 4 8. W .—M ortg. 6s___ 1908 ‘ 99% Jsfterson—1st, gu. g. 5s ....1 9 0 9 1031* B O i a l A R R . —6s.................. ..1922 Dook 4 I nipt.,1st 6e, our’ oy.1913 107 E van s. 4 T e rre H a u t e ls t , oons., 6a.........................1 9 2 1 1061* 108 1st, general, g „ 5 s ............... 19 4 2 M t. V ernon 1st 6 s ............... 19 2 3 Bnl. Co, Br, 1st, g., 5e.......... 19 3 0 ioo' * N o prioo F r id a y ; these are the latest qu R a tio S E C U R IT IE S . Bid. Ask. Dvans. 4 Indian.—lBt, eo n s..1926 F lin t 4 P. M arquette — 115 M ort.. 6 p................................ 1920 90 1st, oon. gold, 5s.................. 1939 P t. Huron D iv.—1st, 5 s — 193S Fla. Cen 4 Pen .—1st g. 5s— 1918 103 1st oon. g., 5 s ....................... 1943 59 Ft. Worth 4 R. G.— 1st g., 5 s ..1928 " 5 2 ’ Gal. H ar. 4 San A n t.—1st, 6 s .1910 96 98* 2d m ort., 7s................ . — 1905 Ga. Car. 4 N or.—1st, gu. 5s, g.1929 Grand Rap. 4 Ind.—Gen. 5 s.. 1924 Housatonfo—Cons. gold 5s— 1937 ’ 123 N . H a v e n 4 D e rb y , Cons.5s..1918’ 114 Hous. 4 T . C —Waoo 4 N . 7s..1903 125 103* 1st g., 5s (Int. g td )...............1937 103 Cons. g. 6s (int. g td )............1912 Debent. 6s, prin. 4 int. gtd.1897 Debent. 4s, prin. 4 int. gtd.1897 Illin ois Central—1st, g., 4 s.-.1951 1st. gold, 3>*8.......................1951 Gold 4s................................. 1952 100 2-10 £., 4 s ............................ 1904 *90 Cairo B ridge—4s..................1950 8pringf. D iv .—Coup., 6s___ 1898 102 * M id dle D iv .- R e g ., 5s......... 1921 O. 8t. L . 4 N . O.—T e n .1 „ 7 s .1897 1st, consol., 7s................... 1897 Gold, 5s, cou p on ...............1951 Mem p, D iv., l s t g . 4s.......1951 Cod. F a lls 4 Minn.—1 st,7 b.. 1907 Ind. D. 4 8pr.—i a t 7s, 1906, trust rects., e x bonds .......................... Ind. Dec. 4 W.—1st, g., 08___ 1935 97i* Ind. Els. 4 Iow a .—1st, g, 4s.. 1939 1st, ex t., g. 5 b............... 1943 Int. 4 G. N ’n —3d, 4s, g ...... 1921 95 KingsC o.-F.E l.,l8t,5,g.,gu -A.1929 Lake E rie 4 W est.—2d g., 58.1941 1001* 104 N orth ’ n Ohio—1st, gu. g. 5s.1945 104* L. 8 .4M .80 U .—B .4 E .—N e w 7 8 .’98 D et. M. 4 T . —1st, 7s............ 1906 123 L a k e Shore—D iv.b o n d s,78.1899 123 K a l. A ll. 4 G. P.,—1st gu. 58.1938 Mahon’g Coal R R .—1st, 58.1934 Leh igh V ..N .Y .—1st gu.g.4% s.l940 100*4 103 Leh igh V.Teru i.—1st gu. 5 b,g. 1941 110 Leh igh V ’ y Coal—1st 5s,gu .g.l9 33 Lltoh f. C ar.4 W est.—1st 6s. g.1916 L ittle R ock 4 M.—1st, 5s, g-.1937 L o n g Island— 1st, 7 s ................................... 1898 L05 F erry , 1st, g., 4% s............... 1922 90^ 9 L Gold 4s.................................. 1932 N . Y . 4 R ’ w a y B.—1st, g. 5s. 1927 2d m ortg., in o ....................1927 42 h 35 N .Y .4 M a n .B eaeh .—1st, 7s, 1897 100* 101 N .Y .B .4 M .B .—1st oon. Sg,g. 1935 B rookl’n4M ontauk—1st,68.1911 116 1st, 5 s ................................ 1 9 1 1 107% 108 No. Shore Br.—1st con.5s,g.l932 40 Louie. Evans. 4 St. L .—Con.5s.1939 4 > L o u is .4 Nash.—Cecil. Br. 7s.. 1907 103 E. H . 4 Nash.—1st 6s, g ___ 1919 116 Pensaooia D ivision, 6 s........ 1920 105 St. Lou is D ivision, 1st, 6s... 1921 2d, 38.................................. 1980 N ashv. 4 D ecatur—1st, 7 s ..1900 110 S. f.,6s.—8. 4 N . A la .............1910 50-year 5s, g .,....................... 1 9 3 7 100 Pens. 4 A t . - 1st, 6s, g o ld .. . 1921 100 C ollat. trust, 5s, g ............... 1931 100 L .4 N . 4 M .4 M .—1st,g.,41*81945 N ash .F lor.48.—1st, gu., 5s. 1937 *75 85 K en tu cky C entral—4s, g ..1987 85 .ou.4Jeft. e d g e Co.—Gu.g,4s. 1945 j0n .N .A lb.4C h.—G en.m .g.5s.l940 63 Mem phis 4 Chari.—6s, g o ld .. 1924 M exican Cent. Consol.— 4s, g.1911 1st, oons. Ineom e 3s, g ____ .1939 M ex. In tern ation al—1st, 4s,g,1942 M exican N ational— 1st, g., 6s 1927 2d, ineom e, 6s, “ A ” ...... 1917 2 d ,ineom e, 6 s ,“ B ” . . _ ....... 1917 M ioliigan Central— 6s..............1909 115 Coupon, 5s............................. 1931 M o rtg ag e 4 s .......................... 19 4 0 105 B a t.C .4 8 trg is .-ls t,3 s ,g .g u .l9 8 9 M m n .4 St. L .— 1st, g. 7s........ 1927 138 Io w a Extension , 1st, 7s...... 1909 Southwest E x t.—le t , 7s...... 1910 Pacilio E x t.—1st, 6 s ............1921 *119i* M o .K .4 T e x .—1st, ex t., 5s, g.1944 M o .K .4 T .o f T e x .ls t,g u .5 s.g .l9 4 2 76* Kansas C ity 4 P., 1 st,4 s ,g ..1990 65 70 Dal. 4 Waoo—1st, 5s, g u . ., .1940 77 M issouri P a o iiio —Tru st 5s. 1 9 1 7 80 62 ISV’ pfr’iS8’ ...............1920 8 t L .4 L M . - A r k . B r . ,1 st, 78.1895 *98 103 M obile <fe Ohio—1st ex t., 6 s... 1927 116 8t. L. C airo—4s, guar 1931 M organ’s La . <fc T .—1st, 6 s ....1920 1st, 7s . . , mmmmm. mmmmm. Mmmmm 1918 125** Nash. Chat. & Sfc. L .—2d.’ 6 s !!l9 0 1 N . 0 . 4 . N o E P r . i . ) g :, e s .Y S lS N . Y . C entral.—Deb. g. 4 s___ 1905 1001* N. J. June—Guar. 1st, 4 s...1 9 8 b Beeoh Creek—1 st, gold, 4s.. 19 3 6 i 0 5 ” I m ra,? ~ 2d,,5B’ 8-,gu.1915 U tica 4 Bl. K iv .—4s, g., gu .19 2 2 w V l w 18! ’ 4a‘ S'1-1993 *106 S ' t-' , 4 H . —1st, rev. 4s. 1903 N. \ . 4 N orth ern—1st, g. 5s.. 1927 *115" N . Y . Susq. 4 West.—2d, 4 % s.l9 3 7 67 Gen. m ort., 5s, g ........ 1940 64 06 W ilk .& E ast.—I8t,gtd .,g.5 s.l9 4 2 82 87 N orth ero Pao.— James R iv e r V al.—1st, Q a . . . 1936 Spokane <fe Pal.—1st, 6s...... 1936 83 Bt.Paul & N. P.—Gen., 6 s ..1923 v^U?oba“ l8 l'»«-6 8 l9 36 DuL&M an D a k .D iv .-l8 t6 s .1 9 3 7 Ooenr d A len e— 1st* 6s. g o ld . 1916 87 S E C U R IT IE S . N orth ern P a cific— C. d’ A le n e —Gen. ls t ,g ., 6 s ..1938 Cent. W ashington—1st,g. ,6s. 1938 N o rfo lk & South’ ll— 1st, os,g. 1941 N o rfo lk & W est.— G en eral, 6s .......................... 1931 N ew R iv e r 1st 6s................ 1932 Im p . & E x t,, 6s.....................1934 A d iu stm en tM ., 7 s ............... 1924 Md. & Wash. D iv.— Ist,g .5 s.l9 4 1 Soloto Val. «fe N . E .—1st, 4s,.1990 Ohio & Miss.— Consol. 78............................. 1898 2d consol. 7 s ........................1911 S p rin g.D iv.—1st 7s...............1905 G en eral 5s............................. 1932 Ohio R iv e r R R .—le t , 5s......... 1936 G en, g .,5 8 ............................ .1937 Omaha & 8t. Louis.—1st, 4 s.. 1937 O regon <fc C alifor.— 1st, 5s, g.1927 O reg. R y & N a v .—C ol.tr. g..5s.l919 Penn-P.C.C.<fe8t.L.Cn.g.4*sA1940 Do do Series B ........ P. C. <fe8.L .- l 8t,o. ,7 s ...............1900 P itts. Pt. W . & C.—1st, 7s.-.1912 2d, 7s ............................... 1912 3d 7s 1912 ( !h .8 t.L .4 P .—1st,oon.os,g... 1932 C lev. 4 P .—Cons., s. fd ., 7 s .1900 Gen. 4%s, g., “ A ............ 1942 St. L .V . 4 T . H .—1st, 6s., 78.1897 2d, 7 s.................................. 1898 2d, guar., 7s....................... 1898 G d . R . 4 I .E x t — 1st,4%!8,G.g.1941 Peoria 4 P ek . U nion— 1st, 6s .1921 2d m ortg., 4% s......................1921 Pitts. C leve. 4 T o l.—1st, 6s...1922 P itts. 4 L . E r.—2 d g. 5s, “ A ” . 1928 Pitts. Me. K . 4 Y .— 1st 6s____ 1932 Pitts. Palnsv. 4 F .—1st, 5s. ..1916 P itts. Sken. 4 L . E .—1st,g.,5s. 1940 1st consol. 5s........................ 1943 Pitts. 4 West.—M. 5s, g .1891-1941 P itts.Y ’ gst’n 4 A .—1st, os,oon. 1927 Rio G rande So.—1st, g., 5 a ...1940 St. Jos. 4 G r Is.—2d in o ........ 1925 K an . C. 4 Omaha— 1st, 5 s ..1927 St. L . A . 4 T. H .—Term . 5 s ..1914 B e lle v . 4 So. 111.—1st, 8 s .. .1896 B eile v. 4 Car.—1st, 6s.........1923 C h i.S t.L .4P ad .—1st,gd.g,5s 1917 St. Lou is So.—1st, gd. g. 4S.1931 do 2 d in c o m e ,5 s .l9 3 1 Car. 4 Shaw t.—1st g. 4s___ 1932 St. L . 4 8. F .—2d 6 s ,g „ ol. A . 1906 G en eral 5s.............................1931 1st, trust, gold 5s............... 1987 K a n . C ity 4 8 1st, 6s, g . . . 1916 F t. S. 4 V. B. Bg. —1st, 6s. ..1910 Kansas M idlan d—1st, 4s, g.1937 St. P a u l C ity R y , oon. 5s, g . .. 1937 G old 5s, g u a r ........................1937 St. P a u l 4 Duluth—1st, 5s___ 1931 2d m ortga ge 5s......................1917 St. P a u l M in n 4 M .— 1st, 7 s ..1909 2 d m o rt.,6 s ............................ 1909 M inneap. U nion—1st 6s___ 1922 M ont. Cen.—1st, guar., 6 s .. 1937 1st guar. g. 5 s.................... 1937 East. Minn., 1st div. 1st 5s. 1908 W ” n o r4 8 io u x F .—1 s t,g ,58.1938 San Fran. 4 N . P .— 1st, g., Ss.1919 8av.F1.4W est. -1 s t, con.g.6s,1931 Southern—A la . Cent., 1st 6 s .1918 A tl. 4 Char.—1st, p re f., 7 s.. 1897 Inoom e, 6 s ............... 1900 Colum. 4 G reen.—1st, 5-6 s.l916 E. T e m . V. 4 G a.—D m s.5 s 1930 K ie li.4 D an.—E q . s. 1. g, 5 s .1909 Deben. 5s, s ta m p e d ........ 1927 V ir ’ a M id.—Serial ser.A , 6s. 1906 Series B , 6s......................... 1911 Series 0, 6s......................... 1916 Series D , 4 -5 s .................... 1921 Series F , 5s......................... 1931 W a sh ,0 .4 W .—1st our.gu.4s.1924 Ter. A s ’n o f St. L .—1st, 41*8.1939 1st, oon. g . 5 s..... ........ 1894-1944 8t.L.M er.B r. Term .,g.5s,gu.. 1930 Texa s 4 N e w Orleans— l s t , 7 s . . . . ................. ...1 9 0 5 Saoine D ivision , 1st, 6s.......1912 Consol. 5s, g ___ ________ 1943 T e x . 4 Pac., E. D .—1st, g. 63.1905 Th ird A ven u e (N .Y ).—1st 5s, 1937 T .4 0 .C .—K a n .4 M ., M ort. 4s.1990 T o l.P .4 W .— 1st 4s,ino.f’d.eou.July U lster 4 D el.—1st, oon.,6.,5s. 192s Union Paoiiio—1st, 6s............1896 1st, 6s..................................... 1897 1st, 6 b.................................... 1899 C ollateral Trust, 6s..............1908 C ollateral Trust, 5s..............1907 Kansas P a oiiio—1st 6s, g . .. 1895 1st, 6s, g ..............................1896 C. Br. U P - F . o., 7s.......... 1895 A tch . Col. A Pac.— 1st, 6 s ...1905 A toll. J. Co. 4 W .—1st, 6 s ...1905 U .P . L in . 4 Ool.— 1st,g., 5s. 1918 U ta h 4 N orth .— 1st, 7s........ 1908 G old, 5s...............................1926 U ta h Southern—Gen., 7s ..1909 Extern , 1st, 7s.................. 1908 V a lley R ’ y Co. o f O.—Con. 6s. 1921 Wabash—D ebenture, Ser, A ..1939 Debenture, Series B ........... 1939 D et. 4 Chio. E x t. 1st, 5s, g.,194 0 St L .K .C .4 N .—St.C.Bdge6s,1908 West N .Y .4 Pa.,gen .g. 2-3-4s 1943 In com e 5s..............................1943 West. Va. C. 4 P itts.—1st, 6a.1911 W h e ei.4 L .E .—1st. 5s, g o ld ... 1926 E xtension 4 Im p , g., 5s____ 1930 Wls. Cent, inoom e 5a..............1937 B id. 105 Ask. 110 67 80 106 102 *45 *61 '128 1151* 111 111 1321* 1131* 100 lO lt j 105 105 110 69 *60 90 92 66 105% *34 113 93 91 100 U2iq 105 119 110 ' 99 78 105 100 T 1 3 1* 117 111 *971* 98% ‘ 70 105 1071* 92 107 120 80 72 100 104 98 *20 30 35 30 65 65 22 22 % 98% 105 40 11 92% 9% us m i l e this week. F u r M is c e lla n e o u s a n d U n lis t e d B o n d s -S e e 3d pige preced in g. THE CHRONICLE J u ly 18, 1896.J ^ n u e s tm c n t AND ROADS. 109 Latest Gross E a rn in g s. Week o r Jfol 1896. 1895. Jan. 1 co Latest Date, 1896. $ 1895. G n lf A Chicago. J u n e ........ ' 2,150 3,130 1*,536 20,382 Joos.Tun.AW Li. May. 5 2041 4.545 18,942; 16,875 Jou s.& Tex.C en. May. 178,79s1 232,411 1,125,082 1,375,740 H um est’nAbhen Ju u © ........ 8,900 6,384 60,700 45,402 Illin ois Central. J u n e ........ 1*527,525 1,508,927 9,675,27 9,228,988 Ind. Deo.AW est. :d w k ju n e ,903, 203,216 6,693 198,632 Ind. 111. A Iow a May. 65,902 349.101 56,940 The following table shows the gross earnings of United In. 330,106 A G t. N orth’ n 2d wk Ju ly 46,778! 41,303 1,519,316 1.614.022 States railroads (and also a few Mexican and Canadian roads) Iln tero o . (M ex.) \YkJune27 40,800 44.830 1,108.216 1,180,382 for the latest period reported. The statement includes every Io w a C entral___ 1st w kJuly 30,140! 9 '8.365 29,798 762,297 3,822 St e a m road from which regular weekly or monthly returns Iron R a ilw a y ... June 24,325 3,768 25,298 Jack. T . A K . W. ay. 27,034 26,584 146,516 219,466 can be obtained. The first two columns of figures give the K a n a w h aA M ict M 1st w kJuly 8.163 238,890 7,788 220,594 gross earnings for the latest week or month, and the last two K.C.F.Soott A M 1st w kJu ly 65,364| 60.746 2,145,862 2,127,161 columns the earnings for the calendar year from January l to K.C. Mem. A Blr. 1st w kJuly 16,883; 549,712 16,342 490,085 Kan. C. N . W . . . . _____ I June 18,610 17,616 124,025 and ncluding such latest week or month. 110,958 K a n .C .A B eat. June 295 369 1.940 2,530 The returns of the street railways are not included in this K . C .P itts. A G . . 1st w kJuly 17,522 7,551 325,697 253,526 table, but are brought together separately on a subsequent page. Kan. C. Sub. Belt 18t wk J uly 9,980 8,149 162,320 122,199 Keokuk A W e s t . 4th ............ w k j-’ne 9,951 8.567 199.300 157,235 L. B rie A ll. A So. June L a test G ross E a r n in g s 3.739 5,295 Jan. 1 to Latent Date. 30,509 38,197 L. E rie A West.. 1st w kJuly Ho ad s 66,101 59,353 1,764.523 1,734,884 Lehigh A H ud.. June Week o r M o 1896. 34.331 ~1896. 1895. 1895. 35,339 198.603 218.964 L e x ’gton AEast. A p ril 19.381 17,507 69,070 59,719 L on g Island...... June » 400,142 436,630 1,677,205 1,746,031 * * * Los. A n g. Term . June Adirondack..... May. 13,7811 7,546 74,979 13,796 9,872 81,296 45,067 84,356 A ia .trt.S o u m ..- le t wk Ju ly 24,633 26.461 26,962 690,908 23,761 748,333 725,133 L ou is.E v.AS t.L. 1st w kJu ly 680,797 AJ». M id lan d.. A p r il........ 42.751 33,032 208,795 155,652 L ou lsv.A N ash v. 1st w kJuly 377.560 379,870 10,036,167 9,468,985 Louis. N .A .A C h . 1st w kJu ly A la. S . O. T e x . A Pac. June. 60,366 58,795 1,570,944 1.505.023 N . O r t . A N . lt . J u n e ........ 99,057 39,901 87,374 32,620 629,345 221,586 608.696 L ou .H en .A S L L . J u n e . 190,157 Ala. A Vloksb J u n e ........ 33.866 3,996 31,594 247,940 24,291 5,638 231,742 Macon A B lr m .. M ay. . 30,276 V loks.8b. A P . IJ u n e _____ 40,303 13,168 31.750 12.641 254,918 66,105 238,913 Manlstlque........ June . 67,797 A lleg h en y V a l.. j M a y.......... 198.718 39,911 953,7n_ 39,411 216,601 597,187 962.524 Mem phlsAChas 4th w k j ’ ne 521,304 exican C e n t.. 1st wkJuly A n n A r b o r ........ led w k -lulv 21,416 192,372 146,127 5,027,632 4,748.426 802, **33 22.521 559,108 tM A r t M id la n d .. IM a y .......... 6.197 35,799 6.194 36, '3 4 M exican In te r ’ L M a y .......... 264.882 225.483 l,'c46,847 1,079,589 A to n .T . A S .P e M a y.......... 2,269,910 2,401,0 0 11,441,459 11,364,6 3 iM ex. N ation al 1st w kJuly 8i>,974 72,197 2,455,251 2,225,514 A tla n ta A Char. [A p r il........ 104,462 118,267 60,949 489,488 61.970 347,6791 492.7*16 Mex. Nortnern.. M ay.......... 269,096 A tla n ta A W. P M ay.......... 33.658 32.9 l 51.575 64,613 1,520,240 1,723,216 200,272 183.5 5 tM exloan R’ way WbJune27 _ w k j ’ ne A lla n . A Danv. U t w kJniy 8,840 9,06 • 11.413 275.580 250.273 10.075 273,604 M exican So....... 4th 241.246 A tla n tic A Pac lis tw k J u ly 72.308 75.135 1,968,055 1,884, 5 7 M iuneap.A St.L. 4th w k j ’ne 43.280 *2.370 898,513 833,551 Augu*laS<Hit'll i February, 8LP .A S .8 L 4 I, i st wkJ uly 8,197 72.027! 3,331 46,557 1,739,110 1,151,538 6 .8 '3 M. Austin A S ' v m i M ay.......... 18.913 165,974! 165,845 5,363,193 5,386,218 20,387 9*1,433 91,2 H Mo. Kan. A T e x U tw k J u lv BaU .Cbee.A A ll. J u n e _____ 40.100 318,000, 323,000 10,591,000 10,66/^333 200,9T9 M o.Pao.AInu i M u t w kJuly ________ 46,400 196.269 B.AO .Kaet i.lner January. Central BPoh. U t wkJuly 1.385,877 1,229,219 1,385,877 1,2.9,2 i 10,0091 8,00i 350,0001 273,239^ Weateru January. . . T o ta l......... U t wk July 358.000; 331,00. * 10,941,000 10,940,572 _ , l i n e ' r---------. 443,068 469.216j 443,06**! 469,2.0 M obile A Birin. u t w kJuly ........... - .T o t a l- ..........,M ay........... 1.963.040 1,899.781 5.132 4.231 136,448 135,710 M o h lieA O h io., j u n e ...... *. 263,529 255.050 1,731,239 1.598,488 B a l.A O .8 o u w . 2*1 w k J u ly 107,445 111.581 3,187,38 o 3,21 i.5 B an gor AArooat. May. ... -------------------50,785 62,534 J 97.353; 98.680 288,297, 572,102 631,210 306,► I M o n L A M ex.G lf J u n e ........ Bath A Ham"ml- M ay. .. Naah.Ch.A SL L j u u o ........ 1,574 1,995 385,127! 342.570 2,438,895 2,236,133 8,958 9,(* Blr. A A tla n tic. J u n e ... Nevada Centrai M arcn...... 1.598 1.449 2,059 1.969 10,486; 5,697 5,408 8,1 B rooklyn K ie v ., s k k S t r k k Nev.C*yNar.<ig« A p r il........ R A I L W A T L t »T . 7,985! 8,075 29,366 27,910 B n m i w i A W e ii A p r il........ N\ Jersey A N .Y M arch....... 44,685 44,8971 187.027 163.5 73.497 71,303 B oll.R ooh .A P u r 2d wk Ju ly V V. 0. A H. K .. J i i u r ........ 8,652,47 i 3,436,373 21,053,911 20,330,486 74,232 65,872, 1,690,135 1,547,1 Buffalo A S ujmj. M a y . i @ 4 4.352 S. Y .O n t. A W .. ; , t w a ju ly 75,155 b4,710 1,801,372 1,743,666 32.973 190.774 137.5o B or. C. Rap. A N U t wkJuly 72.392 N. T .b o a q .A W .. M ay..... 190,9931849.9361 171,128 895,285 6 9 ,700 2,185.07* 1,"*07,73 ---------Camden A A U .. A p r il........ 198,7401 153.2 >3 5,786,863 4,513,791 72.118 204.855 66,526 194.089 N orfolk A Went ! u t w kJuly Canadian Pae in. l » t w kJuly Northe'rn A p r il.......■ ■ 371,001 3,980 3.447 34.»,00< 9,518,431 7,905,23; 21.870 18,391 Car. M M U a d___ Juno .. 2,617 1.875 491,303 514,341 2.461.U66 2,512,468 22,035 15,76 4 N orth 'n Centraj IM a y ......... Cent, o f Georgia May. . 316,637 342,618 2.065,228 1,837,203 N orth’ ll PaeUu: U tV k J u ly 403,874 281,592 8,216,097 7,380,954 Central o f N .J .. M ay. . 988,383 1,083,965! 4.701,356 4,789,312 Ooonee A W'eat M ay....... . 14.162 2.S71I 1.737 9,096 Central Pacific. (May. 929,145 1,059.808 4,569.197 4,769,718 Ohio B lv e r ........ l.t w k jc t ly 20,654 494,649 370,412 22,836 Char. Cl. A Hut.. May 5,673 4,605 23,383 11.899 15,120 60,977 59,527 15,i 83 Ohio K lv .A Chu.- a hi 11........ O hariM t'nA Sav A p r il........ 16,895 45,290 39,99<» 15,879 368 607 223.028 339,736 193,253 Ohio Southern. u iiw k J ’ ae Ghee. A O h io .... let wkJuly 189,553 155,777 j - i 4,749,634 Oregon Im p. Ck) IM a y .......... 282,570 291,898 1.31 .,125 1,296,119 Ohee.O.A8o. W. J u o e ........ Pacillo M a il___ M ay.......... , 280,8981 462,315 1,598,115 1,920,509 165,631 190.516 1,103.981 I 1,098,000 _________ __________ Chic, jtfur A O .</ M ay 2.451.619 2.611.858 12,867.540 12,172,042 Pennsylvan ia J M a y.......... 5,173,667 5,133.567 25.199,776 24,570.476 Chic. A Beat, ih l at w kJ uly 1st 14,468; 12,765 Mw HkJulyi 425,851 443,682 80.706 70,969' 1,948.774 1,807,154 P e o r liid ie o .A B v H O hlc.G LW e«t*n la t wk July 58,5331 43,934 253,345 212.204 75,103 68.257! 2,335.341 1,740,553 Petersburg........ (M ay. .....'.I C Sllc.M ll.A 8 L P . 2 d w k J u ly 391.563 379,387 1.548,675 1,473,801 556,058 503,077! 15,782,862 13,558,256 Ph lla. A E r ie . . . 51a y.......... O h io.A N ’ th w 'n May. .. 2,671,966 2,401.433 12.560.936; 10,575,573 Ph ils. A B ea d 's. M ay.......... 11.587.570 1,729.1 29 7.812,439 8.077,841 Chic. A No. Pac M a y.......... 64,342 O o a lA Ir .C o ... M ay.......... 11.952,901 1,772,976 8,318,404 8 963,106 333.570, 309,250 61,489 0h lo.P eo.A 8 LL, i la t wkJuly 14.091 T o ta l both Cos. M ay.......... 13,540.471 3,502,104 16,130.843 17,040 947 16.2321 418,928 470,308, Chic.R*k L A P . . June . . . . . . 1,220.102 1,1 266,016 283,307 7,158,792 6,771,688 Ph. Read. A N . E. M ay.......... 55,381 64,798 C hlo.BLP.M .AO M ay.......... 580,971 518.983! 2 3 5 6 3 2 9 2,416,320 P ltta .C .C .A S L L J u n e ........ 1,219,479 1,228.653 7,278,645 6,972.072 ------------Chic. A W . Mich la t w kJuly 31.369 20.750 3,743 30.074 20,707 3.494 810,946 Pitta.M ar. A Ch. J u n e ........ 757,8 Cln.Ga. A Porta J u n e ........ 15.203 28,674 281,245 313,597 4.870 13,0371 5,835 30.038 PltL 8 h en .A L .B . la t w kJuly C ln.Jack.A Mac 4th w kJ’ n*852.893 36.610 338,984 13,874 813,911 19.181 34,779' 277371 Plttab. A W eat . I U t w kJu ly Oln. N.O. A T. P . 'J u n e ........ Pitta. Cl. A T o i. le t wk J uly 406.719 279,000 SMwfl 19 1.628.169 1,660,091 18,352 420 922 13,827 Oln. P o ru . A V . J u n e ........ Pitta. Pa. A F. U tw k J iily 21,555 21.424 154.809 186,549 8,606 130,991 12,208 120,308 O ler. Can. A 8 0 . lat w kJ uly T eta la ya tem . U t wkJuly 14.480 60.814 63,568 1,469,473 1.442.320 15,566 313,427 341.547 O uCln.C k.A8L l , la t w kJuly 531,472 253.490 263,482 6.504.770 0,857,690 P itt.Y o u n g .A A . M a y.......... 510,445 150.640 171,886 Peo. A Baet' n M ay.......... . 140.718 180,320 117,575 146,638 23.523 20,167 740,747 Quincy U . A K A Juno . 718.978 C L Lor. A W h eel. 4th w kJ’ ne 312,nl4 297,563 75,923 677,314 40,717 46,432 75,589 578,212 R lch.F r’kab.AP. M ay. . O o L M id la n d .... June . . . . . . 132.960 148.501 34,021 792,205 Rich. A Peterah. May. . 153.567 139.013 29.426 93 13 47 Col. H . V . A T o i J im *-........ 227,253 189,366 190.989 176,972 1,219,571 1,052,188 Rio Gr. Soutn’ u 1st w kJu ly 6,883 8,083 Ool* 8an d'y A Fi U t w kJuly 46,500 1,181.291 1.122.321 16,423 40.400 356,852 Rio Gr.W eat’ n. 2d w k J u ly 386369 15,023 w t a n kA Lake ..JJu n e 45,182 40,625 8,513 9,346 5,900 1,100 1 100 7,400 Sag.TuaooiaAH !M a y ... a j w l ______ .{June ,___„ . 21.585 Sag. Val. A SL L I March 19.427 8,591 7.103 1,055 319 322,991 O om b T d V alley |May.......... SL L . A . A T. H J Ith wkMar 322,108 62,518 33.050 34,920 294,613 31 2,167 68341 D e a r . A R io G r 2d w k Ju ly 8,413 13.156 4,879 2.479 130,200 144,100 3,714,071 3,481.828 i t . L K e n ’etA So Match I>ee M. A Kan. C. 4th w k j ’ ne 454,342 473.879 2,394,106 2,311,679 1.924 40,665 S t.L A S a n Fran. M a y.......... 54,926 3.028 Dee M. N. A W. IJ u n e ........ 67,200 2.238,890 2,399,352 71,500 150,236 St.L.Southw ’rn. 1st wk J uly 213,127 27,872 32.781 D eL L a n e's A No. I la t w kJu ly 008 206 025,6b 0 125.290 121.908 24.13 l 565,696 8t. Paul A D u l’ tb J u n o ........ 541,19* 23,655 D eL A M a ch in e*. M ay.......... 748,226 078.455 127,632 124,183 219,795 43,853 142,638 San A nr. a A . P M ay.......... 49,334 , 363,952 Dulntha.8. A A | i lat w k j uly 342,225 S.Fran.A N .Pao. J u n e .. . 47.000 70,851 81.778 39,735 1.0n7,483 ttfln - J o L A E a e i M a y.......... 286.062 261.463 1,153,843 1,115,174 457,723 Sav.Fia. A W est A p r il.. . 92,05 97.039! 157,410 122,494 K o h .......... M ay........... 1,591.090 5,512.225 11380,550'11,314,935 -‘ hor.Mhrev.A So June .. . 13.524 20,511 E a rek a Springs A p r il........ 42,730 48,193 17,751 17,518 4.909 4,917 19*487 19.355 sil. Spa. O. A G M arch.. ■▼ana.AInd'pile la tw k J u ly 7.000 7,702 5.596 4.848 143,5851 142,374 S llverton.......... Juue... 7,190 E rane. A Kioh. 1st w kJuly 9,376 2,657 1,097 2,737' 55,154' 2.093 52,703 S o .lla v e n A Eaat J u n e .. . 9 r m T . A T . f i . u t w kJuly 19,2611 18.577 540*936} 512,8 »4 So. P acific C o.D W b a n .......... M a y............ 617.659 601,078 2,893,800 2,700,023 G a l.H a r.A S .A M ay.......... 365,020 2,045,534 1,869,183 378.771 469.541 378,876 F U n t & P .M a n j 1st wkJuly Lou ls’aW est. M a y .......... 82,090 60,1 05 51.2671 52,986 1.3i7.S05i 1.200,430 F l».C e n t. dr Pen. l » t w kJuly M organ’aL A T . M a y.......... 391,700 1,987.714 2,445.220 335,851 39,930: 38.942 1,126*8341 1,073,057 96,511 81,030 rt.W 'tnAI)en.<J. M ay.......... N . y ! t . A M ex. 13,928 M a y.......... 16,945 68.4331 363,121 683,023 540,745 T e x . A N . O rl.. M a y .......... Ft-W. * m o O r J u n e ........ 97,408 133,290 18,3** 1 25,287 153,614! 175.581 5,680,564 5,088.895 A tla n tic ays.5. 988.880 h ad*, a A tt. U J J n n e ........ 1 M ay.......... 895.158 5,432 1,058 3,933 005 Pacific system M a y.......... 2,429.20712,5-2.469 12.268.032 12,116,815 oeortrta B B .......lit h w k j ’ ne 26.614 090,589 22,967 573,255 T o ta l o f aU.e M a y.......... 3,541,773 3,855.925 18,649,161 19 308,412 17.1-7 O eo rgia A A l a . . ( l* t w kJuly 225,071 8 .3 «* 355.841 So. Pac. o f Cal M a y.......... 789,522 857,411 4,076,518 3.970,570 8 a (JaPla A B o M ay.......... 53.248 38*522 340.116 283.172 971.650 181,343 1,007,433 So.Pac.of A rlz sMay.......... 180,021 (too.B o. A F la .. June . . . . . . 67.354 380.509 435,242 8.>.gyi 450 047 501,670 94,310 S o.P a c.ofN .M M a y .......... 90.743 O r. Bap. A ln d la t wkJuly 40.694 41,57(1 1,008,809 1,015.961 093.101 787,415 135,359 N orthern R y.. C tn .K .A P I.W l.tw k J u ly ! 161,861 M a y.......... 7.286 220.023 217, f3 7 7.495 Traverse C ity U lw k J u ly . 1.742 22,068 Southern R y . .. la t w kJuly 316,685 289,890 9,053,137 8,690 260 24.4H6 918 87,306 140,048 22,840 35,084 Mna. O. K. A l l . t WkJuly 2.532! 05,733 01,220 Spok. F ’ lsA N or. M a y .......... 2,296 281,648 283.040 77,111 79,560 T o t. ail lin e . 1st w kJuly 66346 59,911 1,264,6 tO 1,264.002 Staten I si. R. T. A p r il........ 8,551 7,303 2,162 StouyC l.AC M t.. 2,411 M a y.......... 351.474 Brand T ru n k ... la tw k ju ly 348.824 8,073,290 8,400,240 501,180 404,i U 79,282 103,554 68.0gg O d e . A O r. T r 4th wk J ‘no 59,179 1,590,107 1,322,012 Summit ifranch. M a y.......... 292.447 370 027 37,640 L yk . Val. Coal 66 881 M a y .......... 428,242 O e t O r .H .A M 4th w k j’ne j 418,654 22.686, 22,360 793,627^4 775,441 *'*»r'l b »th * o’p M ay.......... 146,163 141.194 C in.S ag.A M ae lib w k j'n e 3,003 2,861 ............ 62,838 60,851 19,648 18,202 Texa s C en tral.. M arch....... ToL S . .t Muek. 4tb w kJ'ae 2.695 2,031 3.260.064 83.597 3,015.567 83.797 Pacific. 2d wk July S t e a l North'n17.508 12,020 3,009 2,564 W .P. M. A M J u n e ........ 1,281,403 1 091,771 0,209,403 5,230.905 r*x.S .V alA N W M a y .......... 832.537 953 956 39,085 40.244 545,186 r ^ .A O h io O e n t. 2d wk Ju ly 755,500 145, 107,1X0 B a a to f Minn. J u n e ........ 478,118 498.405 18,108 19,516 750,l 47 lo l. P. A vVeat.. U t w kJuly 140,569 930.010 174,819 M ontanal . n l J u n e ........ 811,712 975,038 41.283 56.430 T o t,*v sten i. J u n e ........ I ,345*520 7J*7 i .97-« G.52«.1M8 to 1, n . L .A K.C 4th w k j ’ ne R a ilr o a d In t e llig e n c e . RAILROAD EARNINGS, , ; ........ THE CHRONICLE. 110 Latest Gross E a rn in g s R oads. W eekor OlateT * D e l---l io n n Pacino— O r . Pac. R R -. O r .S .L .A U .N 8t.JOB.AGd.lB. Kan.C.AOiu r o t . St. J. A G . I. v e n t.B r........ o A ofc.C ol.A P .) Aoh.J.C.A f f ) O en.H r.AL'dL. Gr*d total, v l .P a o .D .A G ... « Abaafc............. « a o o A N o rtfc w w ent J ersey...... W .V .C en .A P ltt* W est Va. A P itts Western o f Ala.. West. Maryland. W est.M .Y. A Pa. Wneel. A L. E rlr Wisconsin Cent W rleh tav.A Ten Jfof A p r il........ 1896. $ 30,446 Ja n. 1 to Latest Dale. 1895. 1896. . * 31,982 8 103,392 M ay.......... 1,109.014 1.156,180 5,032.975 456,101 435.463 2,060,327 M ay.......... 46,042 211,555 44,228 M ay.......... 38,824 5,6 7 4,46*4 M a y.......... 305,168 12.756 9,995 1th w kJ’ nc 10,000 8 ,OoO 350,000 1st w kJu ly 120,425 23,398 M a y.......... 19,586 281,880 52,961 42,737 M a y.......... i 8.175 026 1.765,140 1 763. M a y.......... i 275,984 295,219 1,197,439 M ay.......... 1st wk July 236,788 224,199 6,066,632 77,44 15,850 16,802 A p r il........ 413.804 124,394 117,167 A p r il........ 472,374 97,655 88,658 M ay.......... 119,862 34, 06 30.483 A p r il........ 2t7,536 38.177 38,692 M ay.......... 1,298,187' December. 98,737 92,351 56.400 66,600 1,10-1,183 1st w kJuly 725,357 2d w k J uly 29,850 30,106 2d w k J u ly 98,015 99,53'* 2,210,078 39,721 May.-........ 5,771 7.9G3 4 th week o f June. 1896. 1895. P r e v 'ly rep orted (73 Pds) Des M oines A Kan. City. G eorgia A A lab am a _____ K eoku k A W estern.......... MemDhis A C harleston.. M exican R a ilw a y . . . ___ M exican S o u th ern ......... M obile A B irm in gh am ... Pitts. Shell. A L. E rie .. St. Joseph A Gd. Island.. West. N . Y . A P e u n sy lv * 8,570.309 3.028 18,369 9,951 39,0 LI 51,575 8.-40 0,319 12,042 12.756 7 i ,700 * 7,687.361 1,924 10 242 8,567 39,411 64,613 10,075 6.129 14,616 9.995 83,300 8.804.800 7,941,233' 1,007.982 863.567 1895. * 98,860 5,225,961 1,817,271 232.15') 27,677 304,010 273,239 108.595 224,581 8,007,417 1,174,285 5,897,210 75,595 390,51-1 403,327 104.741 195,117 1,248,453 1,559,062 617.908 2,180,970 33.039 ■ Fltfures g iven do not Include O regou Ry. A STav., Un. Pae. D e n v e r * G u lf, D en ver L e a d v ille A Gunnison, M ontana U nion and L ea ven w orth Topeka A South western, a These figures include results on eased lines. b Inoludes earnings from fe rrie s, ete., a ot g iv e n separately. I M exi oau currency, c Inoludes on ly h a lf o f lines in w hieh Union P a cific has a h a lf Interest. d Inoludes operations o f t i e Ohio. B ir lla g to a A Northern in noth yean*. $ Covers results fo r Hues directly op erated east o f Pittsbu rg, eInclu d es resuita on attlliated lines. [ V o l . LXI1I, T o ta l (83 roads). .. Net Inoreas* flQ-87 p. o.) Increase. $ 993,916 1,104 8,127 1/384 500 Decrease. s 110,968 ____ 13,038 1.235 190 2,574 2,761 ........... ....... 16,600 144,415 Net Earnings .Houtlil/ to Latest Dates.—The follow ing shows the gross and net earnings to latest dates of all Steam railroaos furnishing monthly statements. The compilation include every road from which we can get returns of this cliaractei and in that form is given once a month. Early re turns ar» published from week to week, as soon as issued, but for th» convenience of our readers all the roads making re turns ar« brought together here in the week in which we pub lish out monthly article on net earnings—say on or about the 20th of tbe month. The returns o f the street railways use give by themselves under a separate head at the extreme end o f these tabulations —see page 113. ,---- I r c r s E a rn in g s.----- .,---- N et E a rn in g s .---- . 18f 6. 1895 1896. 1895, $ $ $ $ A d iro n d a c k ................ M a y 13,781 13,796 1,934 " 2,630 Jan. 1 to M a y 31 ____ 74,979 81,296 32,882 27,946 am a G t S ou th .a M a y 111,214 110,464 10,878 17,055 Latest Dross Earnings by Weeks.—The latest weekly A lab 560,077 * Jan. 1 to v’ a y 31_ -582,173 108,532 136,433 earn toga in the foregoing are separately summed up as fol J u ly 1 to M a y 31 ____ 1,521,667 1.454.281 487.281 472.417 A la b a m a M id lan d ___Apr. 42,751 33,032 def.2,189 def.6,859 low a : Jau. 1 to A p r. 30___ 208,795 155,652 28,364 def.14,180 For the'“first week of July our preliminary statement J u ly 1 to A p r. 30___ 528,842 453.324 82,641 19,580 216,601 74,738 94.227 covers 07 roads, and shows 9 71 per cent gain in the aggregaie A U egh en y V a lle y ..... M ay 198,718 953,702 Jan. 1 to M ay 3 1 ___ 962,524 317,459 379,184 over the same week last year. Arkansas M id la n d ... M ay 6,197 6,194 def.2,338 2,362 Jan. 1 to M a y 31___ 35,799 36,334 def.1,160 15,873 1st week o f J u ly . 1896. 1895. A tc h is'n T o p A S F .b .M a y 2,269,910 2,401,080 In cre a i. Decrease. 388,571 481,327 Jan. 1 to M ay 3 1 ___11,441,459 11,364,663 2,954,622 2,127,849 $ S J u ly 1 to M ay 3 i ...26,850,822 26,444,869 6,500,138 6,044,337 $ Alabam a Gt. Southern.. 24,631: 26,962 2,329 A tla n ta. A C h .A ir-L ’ e. A pr. 104,462 118,267 def.611 6,661 A nn A rb o r..................... 22,97c *3,102 132 Jan. 1 to A pr. 3 u ---489,488 492,786 39,404 104,471 A tla n tic A D a n v ille ...... 9.063 11,413 2,350 33,658 10,425 10.144 32,947 A tla n tic A Paoillc........... 72,308 75,135 2,827 A tla n ta A W. P o in t..M a y Jan. 1 to M a y 31 ___ 206,272 183,525 76,204 71,541 Halt. A Ohio Southwest. 113,779 113,704 75 Ju ly 1 to M ay 31 ___ 499,368 443,1 L7 Buffalo Rooh. A P itteb ’g. 200,918 186,275 63,770 65,872 2,102 Burl. Ced. Ran. A N orth . 72,39 2 68,700 3,692 A tla n tic A D a n ville .. M ay 45,5'■ >7 49,751 13,730 9/81 t anadian P a cific............. 371,000 349,000 22.OO0 Jan. 1 to M ay 31 ___ 227,645 215,742 50,890 43,017 l uesapeake A O hio........ 189,553 155,777 J u ly 1 to M ay 3 1 ___ 526,148 33,776 490,547 126,939 91,278 tn ioago A East. Illin ois 80,706 70,969 9,737 A tla n tic A P a c ific ___ M ay 329,664 369,697 85,726 68,851 Chicago G reat W estern.. 75.103 c 8,257 6,846 Jan. 1 to M ay 3 1 .... 1,562,885 1,462,147 131.168 291.238 Chicago M ilw . A 8t. Paul. 612,70. 512,901 99,800 Ju ly 1 to M a y 3 1 .... 3,339,464 401,83 4 2,993,726 456,757 Chic. Peoria & 8t. Louis. 14,091 16,232 2,14 L Augusta S o u th ern ... Feb. 8,197 O n ioagoA W est Michigan 3,331 def.573 3,716 31,369 30,074 1,295 Cieve. Canton A South’ n Jan. 1 to Feb. 29 ___ 13,440 5,332 6,873 208 14,460 15,566 ” i ’ io 6 uiev. Cin. Chio. A 8t. L . . 253,490 263,482 9,992 A u stin A N o rth w ....M a y 18,913 20,387 5,661 7,220 CoL Sandusky A H ook’g. 16,423 15,0*3 Jan. 1 to M a y 3 1 ___ 98,433 26,140 23,760 1,400 91,208 Denver A R io Grande___ 133,900 135,106 " 1*200 B altim ore A O hio— D etroit Lans’g & N orth ’!) 24,134 23,655 479 234,068 Lines E. O. R .b ...J a n . 1.385,877 1,229,219 353.776 Duluth So. Shore A A tl. 47,600 39.735 7,865 Ju ly 1 to Jau. 3 1 ....1 0,997 ,5 34 10,637,280 3,626,111 3,761,135 Evansv. A Indianapolis.. 4,646 5,596 ” *950 E vansville A Richmond.. 103,785 L in e s W. O. R . b . .Jan. 443,068 469.216 54,450 2,093 2,737 644 Evansv. A T e rre H aute.. 652,651 88 7,001 J u ly 1 to Jan. 31 ___ 3,564,428 3,140,851 18,577 19.261 684 F lin t A P e re M arquette. 52,886 51,267 387,853 408,226 To t. both system sb. Jan. 1,828,945 1,698,435 “ 1,719 Fla. Cent. A P en in su la r.. 39,942 39,930 J u ly 1 to Jan. 3 1 ....1 4,561 ,9 62 13,778,131 4,513,112 4,4 i3 ,7 8 6 988 G eorgia A A la b a m a ........ 8,368 17,427 9,059 157,332 142,080 B alt. Ohio A S ou th w .M ay 461,946 482,019 Grand Rapids A Indiana 44,570 40,694 3,876 879,365 708,952 Jan. 1 to M ay 31 ___ 2,456,032 2,508,249 Cin. Rich. A F t. Wayne 7,495 2u9 7,286 2,162,274 J u ly 1 to M a y 3 L ___ 5,905,264 5,834,014 1,978,516 T raverse C it y .............. 918 1,742 824 Mus. Gr. Rapids A Ind. 18,454 B an gor A Aroostook. M ay 50,785 62,534 17,648. 2,296 2,532 236 Grand T r im s o f Canada. 91,423 |Jan. 1 to M a y 3 L . .. . 288,297 306,891 348,824 111.391 351 474 2.6^0 In te m ’ l A Gt. N orth’ n ... 45,323 594 50,962 del. 27 3 B ath A H am m on ds...M ay 1,574 1,995 5.639 Io w a C entral................... 29,798 30,140 3,321 Jan. 1 to M a y 3 1 — 8,958 9,067 342 1.894 Kanawha A M ich ig an .... 7,788 8.163 375 def. 35 8 def.143 Birin. A A tla n t ic .b ..M a y 1,679 1,332 Kan. C ity F t. 8. A Mem. 60,746 65,364 4,61« Jan. 1 to M ay 3 1 ___ 8,888 6,654 def. 1,332 d e f.2,118 Kan. C ity Mem. A Birin.. 16,342 16,883 541 Ju ly 1 to M a y 3 1 .... 23,894 16,788 1,098 def.3,550 Kan. C ity Pittsb. A Gulf. 7,551 17,522 9,971 Kan. C ity Sab. B e lt........ B rooklyn E le v a te d —See S treet R a ilw a y s. 9,980 8,149 1,831 Lake E rie A W estern...... 66,101 59,353 9.571 44,89 7 11,713 B runsw ick A W est ..A p r. 41,685 6,748 Lonisv. E van sv. & St. L 26,461 23,761 25,950 Jan. 1 to A pr. 3 0 .... 187,0*7 163,597 50,418 2.700 L ou isville A N ash ville... 377,560 3?9,870 2,310 44,096 91,294 Butt. Rooh. A P itts. b..M ay 269,140 231,502 L ou isville N. A . A Chio.. 58,795 60,366 1,571 293,639 Jan. 1 to M ay 3 1 — 1,256,792 1,154,183 M exican C en tral............. 383,238 192,372 146,127 46,245 M exican N ational........... 855.947 J u ly 1 to M ay 3 L .... 2,893,817 2,804,507 882.171 72.197 80.974 8.777 Minn. St. P. A S . 8. M .... 21,292 13,637 B uffalo A Susqueli’ a. M ay 44,352 32,973 72,027 46.55T 25,470 Mo. Kansas A Texa s...... 47,049 Jau. 1 to M ay 31---190,774 73,458 137,593 165.974 165,845 129 Mo. P a cific A Iron M t___ 122,237 J u ly 1 to M ay 31 ---200,241 317,446 448,111 348,000 323.000 25.000 Central Branch............ 10,000 8,000 72,*91 292,476 316,057 Burl. Ced. R. & N o . a. M ay 2,000 74,508 M obile A B irm in gh am ... 5,132 4,231 421,837 Jau. 1 to M a y 31___ 1,760,827 1,441,895 901 577,081 H ew Y ork Ont. A W est'll. 75,155 64,710 10.445 N orfolk A W estern......... 17,037 Cam den A A t l .......a .. Apr. 14,348 66,526 72,118 198,740 153,251 45,487 N orthern P a cific............. 25,943 Jan. 1 to A pr. 3 0 ---204,855 927 194,089 403,874 281,592 122,282 Ohio R iv e r ........................ Canadian P a c ific .a .-M a y 1,724,869 544,649 1,441,423 687,490 22,836 20,654 2,182 P eoria Deo. A E v a n s v ... Jan. 1 to M ay 3 1 .... 7,484,431 6,043,371 2,484,933 1,941,923 12,765 14.408 1,703 P ittsb. Shen. A L. E r ie .. 13.037 15,263 2,226 C arolin a M id lan d — M ay def.773 d e tl2 2,609 2,011 P ittsbu rg A W estern.____ 60,814 63,568 2,754 Jan. 1 to M ay 31___ 285 4,186 13 889 19,418 Rio G rande Southern___ 8.083 6.883 1,200 54,725 J u ly 1 to M ay 3 1 ---16,207 20,033 49,476 R io Grande W estern...... 38.300 34,500 3,800 Bt, Louis Southwestern. 316.637 52,915 Cent, o f G eo rgia a ..M a y 342,618 40,845 71,500 67.200 4,300 Southern R a ilw a y .......... 371,526 2,065,228 1,837,203 Jan. 1 to M ay 31 — 615,738 316,605 289.899 26,786 Texa s A P a cifl*. ........... 5,002,563 1,515,370 J u ly 1 to M a y 31---4,669,811 1,741,725 84.264 84,905 641 To led o A Ohio C e n tr a l... 39,424 988,383 1,083,965 429,441 C entral o f N. J . a ...M a y 27,517 313,956 11,907 Toledo P e o ria A West’ n.. 19,516 4,701,356 4,789,382 1,463,889 1,706,023 Jau. 1 to M ay 31 — 18,108 1,408 Wabash............................ 236,788 224,199 12,589 _________ ....b ......M ay_ 929,145 1,059,808 Central P a cific, 365,094 279,237 Western N. Y . A Penn... 56,400 66,600 10,200 Jan. 1 to M a y 3 1 .. .. 4,569,197 4,769.718 1,430,616 1,516,991 w h eelin g A Lake E r ie ... 31.520 27,332 4,188 • .lsoonsin C en tra l,........ Char. Clen. A Sutton.. M ay 5,673 2,701 4,605 3,091 89,308 87,762 1,546 Jan. 1 to M ay 3 1 . . . . 23,333 8,469 15,683 11,653 T o ta l 137 roa ds).......... . 6,167,134 45,290 5,621,467 39,990 3,087 7,175 594,731 49,064 Char. & Savannah.... A pr. Jan. 1 to A p r. 30 . . . 223,028 193,253 N et increase d»»71 p. o.).. 45,336 65,848 545.607 J u ly 1 to A p r. 3 0 .. .. 442,598 447,413 85,596 87,043 833,811 269,121 For the fourth week of June our final statement covers Ches. A O h io .a ..........M a y 837,975 271,947 Jan. 1 to M a y 3 1 .... 4.196,517 3,815,345 1,260,688 1,155,369 83 roads, and shows 10*87 per cent gain in the aggregate, J u ly 1 to M a y 31 . . . 9,400,984 8,817.519 2,986,708 2,856,343 R oads. THE CHRONICLE. Ju l y 18, 1806.] -Grogs E a m in g a .1895. 1896. Roads. 198,723 Ches. O. A S o 'w n .b .F e b . 402,023 Jan. 1 to Feb. 29 . . . J u ly 1 to Feb. 29---- 1.740.172 $ 165,306 -N e t E a r n i n g s . ---- 1896. 1695. 75.361 146.523 633,103 43,180 98,533 573,869 Ohio. B u rl.4 Quin.b.".May 2,151,619 2,611,358 Jan. 1 t<> M a y 3 1 ....1 2,367 ,5 40 12,172,012 629.154 4,139,859 857,703 3,917,813 259,804 3,381.336 107,834 1,650.911 92,635 1,244,274 Ohio. M. * 8 t P . a ...M a y 2.257,920 2,111,093 671,131 Jau. 1 to M ay 31 . . . 12.009.163 10,276,113 4,033.510 J u ly 1 to M ay 31 ...30,076,833 25,071,501 11,932,135 832,789 3.839,lt>6 9,173,229 C hicago & East. 111.-May 263,003 J u ly 1 to M ay 3 1 .... 3,737,333 81,489 64,342 309.250 332,570 132,021 117,033 600,936 658,508 43,510 53,937 232,370 230.571 295.873 234,159 21,105 22,018 98,604 109.* 36 235,270 267,753 43,560 63.500 211.039 262,9 51 617,001 012,339 1,051,579 1,181*537 5,151,057 5,412.465 12.533,553 12,443,285 190,320 140,716 P eoria A E a st'n .a May 718,978 710,'M T Jan. 1 to M ay 3 1 .... J a iy 1 to M ay 31 ___ 1,751.135 1,013,181 120,922 90,791 Clev. Lor. 3: W h e e l... Apr. 350,579 107,020 Jan. 1 to A pr. 3 0 .... J u ly 1 to Apr. 30 ___ 1,303,933 1,138,931 154,104 164.941 Colorado M id la n d .... Apr. 409,000 611.96 J Jan. 1 to A pr. 3 0 .... 212,662 190,807 O o L IIo o k .V a l St T. b.A p r. 837,435 719.997 Jan. 1 to Apr. 30 . . . 01.872 37,118 Col. Sandmi.A Hook. May 231.015 291.551 Jan. 1 to May* 3 1 .. .. 839.551 Ju ly 1 to M ay 31 . . . 319 C rys ta l............. . .June 1,055 63.84 4 02,518 Onm berland V a lle y .. May 244,613 312,107 Jan. I to M ay 31 .. 576.805 591.693 Den. A R. G rande, b May Jan. 1 to M ay 3 1 .. ... 2.912.771 2.621,728 Ju ly 1 to M ay 3 i . . . . . 0,893.010 6.337,268 6.841 10,931 Dee Molnea a K . C ... Apr. 37,180 27.456 Jan. 1 to A p r. 3 0 .. .. 34.445 28,155 Dee Molnea No. St W. M *y 122,164 180. i 46 Jan 1 to M ay 31 ... 90,848 94.397 Dot. Lane A N or a . . M iy 455.084 429.221 J an. 1 to M ay 3 1 .... 49.334 D etroit St M ack'o.a May 13.853 219,795 142.630 Jan. 1 to M ay 3 1 ... 395.907 243,474 J u ly 1 V* M *T 31 92,057 97,139 E lg in J olie t St E i . M ayr 457,723 543.795 Jan. 1 to M a y 3 1 .... 999,192 J u ly l to May 3 1 ..... 1.177.234 2.591,690 2,512,225 11.080,556 11,314,935 Dec. 1 to May 31 ...14,399.293 13,549, 295 4.9 47 1.9 >9 Eureka Springs .....Apr. 19,355 19,487 J an. 1 to Apr. 30___ 209,132 205.617 F lin t St Pore Mar.a. May Jan. I to May s i . . . 1.127,111 1,015.178 F la. Cent. A Panin.— 535.575 530,151 Jan. 1 to Mar. 31.... 69,133 FI, W . A D . C U T....... May 303,121 Jan. 1 to May 31.... 16,894 27.907 Ft. Worth A Rio Or . May 150,294 135,130 Jan. 1 to May 31.... 605 1,056 G adsden A AtL Uo. .June 3,933 5.432 Jan. 1 to June 30.... 83,361 81,210 Georgia.a ........... .May 195.996 00-5.807 Jan. 1 to May 31.... July 1 to May 31.... 1,393,310 1,230,370 37.309 12,705 Georgia A A lab a <1 .Mar. 109,771 145*563 Jan. 1 to Mar 3 t ... 428,458 371,210 July 1 to Mar. 31 ... 67.192 71,941 Ga. South. A Fla.. b May 320.615 357,999 Jan. 1 to May 31.... 777,065 901.782 Jnly l to May 31.... 210,401 199.771 Grand Rap. A Ind... .May Jan. 1 to May 31.... 1,053,690 1,055,031 Gr. Trunk of Can... .May 1,159.177 1,115,158 Jan 1 to May 31.... 8,900,397 0,010,355 213.298 201,728 Chic. A O F d T r.... May Jan. 1 to May 34.... 1.349.101 1,104,435 70,322 79.929 Det. Gr. H. A Mil . May 370.346 350,051 Jan. 1 to May 81.... 3,025 3,135 Golf A Chicago.b ...May 17,252 10.396 Jan. 1 to May 31. 232.411 178,795 Honat. A Tex. Cent.. May Jan. 1 to May 31---- 1,125,092 1,375,710 Illinois Central a.. May 1.540,441 1,651,833 Jan. 1 to May 31.... 9.117.753 7.720.001 July 1 to May 31___ 19,112.965 17,519,007 30,709 34.718 Ind. Dec. A W**t.b Mar. 108.413 116,851 Jan. 1 to Mar. 3 1 .... 56.940 65,902 Indiana III. A Iowa. May 330.106 319,101 Jan. 1 to May 31.... 687,291 733,270 July l to May 31.... 128.049 127.293 Iowa Central.b...... May 609,057 770.008 Jan. 1 to May 3 1 ... July l to May 31.... 1,717,290 1,101.062 4.158 3.769 Iron Railway. ...b _ . May 20,50 J 21,530 Jan. 1 to May 31.... 45,614 11,619 July 1 to May 31.... 27,034 20,581 Jack. Tam. A K. W . M a y 210*466 118,510 Jao. 1 to May 3 1 ... 11,793 36,858 Kanawha A Mich.b Mayr 174,999 195,428 Jan. 1 to May 31.... 395,612 439.370 July 1 to May 3 1 . .. C hicago A Nor. P a o . M t f Jau. I to M ay 3 1 ___ Ohio. A W. M ich .. . May Jan. 1 to M ay 31. .. Cln. Jack. A M aek.b . May Jan. 1 to M a y 31 — Clflu N. OrL A Ter. P ..M ay Oln. Ports. A V l r . b . M ay Jau. 1 to M ay 31 ___ J u ly 1 to M ay 3 1 ___ Cleve. Canton A 8 o ..M a y Jan. 1 to M ay 31 ___ July 1 to M ay 3 1 .... ---- G r o s s E a r n i n g s . ---- v - N e t E a r n i n g s . ----1896. 1895. 1896. 1895. $ $ Kan. C. F t. 8. A M .a .M a y 332,670 352,572 106,445 105,350 Jan. 1 to M a y 3 1 .. .. 1,801,055 1,795.369 541,931 541,530 J u ly 1 to M a y 3 1 .. .. 4,203,151 4,209,390 1,300,871 1,306,118 K an. C. Mem. A B .a ..M a y 81,012 85,379 15,943 13,972 Jan. 1 to M a y 3 1 .... 460,808 403,134 83,288 56,926 J u ly 1 to M a y 3 1 .. .. 1,112,162 960,073 223,118 173,757 K eokuk A W e s t'n .b .. A p r. 33,626 23,494 12,996 def. 8 23 Jan. 1 to A pr. 3 0 .... 133,335 104,743 58,432 26,607 L . E r ie A U . A S o .a ... Apr. 4,661 5,445 d e f 102 def. 94 4 JaD. 1 to Apr. 3 0 ___ 22,964 26,541 2,184 3,396 Lake E rie A W e st.b ..M a y 283.733 298,097 102.256 102,285 Jan. 1 to M ay 3 1 .. .. 1.498,459 1,407,005 598.521 601,834 L ex in g to n A East’n .. Apr. 19,381 17,507 7,334 7,478 Jam. 1 to A pr. 3 0 .. .. 69,070 59,719 27,051 21,512 Lou isy.E v. A St. L .b .A p r . 129,233113,774 35,505 20,674 Jau. 1 to Apr. 3 ) ... 481,643 432,162 112,666 78,411 Loulsv. A N a s h v .b .M a y 1,602,014 1,533,364 466,923 451,207 Jan. 1 to M ay 31 . . . 8,022,242 7,541,799 2,522,552 2,462,520 Ju ly 1 to M a y 3 1 ....18.742,324 17.728.677 6,406,993 6,540,303 Loulsv. S. A. A C. a . M ay 260,812 255,5 23 78,170 87,798 Jan. 1 to May 3 1 .... 1,258.784 ----1,19 J, 123 352,501 3 13,373 July <. to M y 3 l . . . 3,008.7.39 2,734,131 1,001,778 867,953 L m is v . St. L. A T e x Apr. 38,579 33,460 7,389 4,667 121,699 Jan. I to \pr. 30 . . . 143.121 23,059 18,637 Macon A B in n in g ___ May 3,996 5.633 def. 647 d e f.7 1 i Jan. 1 to M ay U . . . 21,391 30,276 def. 2,531 3.07 L J u ly 1 to May 31 ... 6\8^3 73,137 d ef 3.986 12,717 M anistique.............. May 10,515 15,570 12.082 6,528 Jan. 1 to M »y 31 . . . 52,937 55,156 26,239 30,348 Memphis A Chaa’ n . .M ay 80,902 89,413 def.2,517 def. 4,776 427.483 Jan. 1 to May 3 1 .— 5 0 l . 192 62,975 def. 12,80 7 273,239 J u ly 1 to M ay 31 ... 1,256,615 1,115,278 160,783 782,718 319.827 795,889 M exican C en tra l.......M ay 351,610 Jan. 1 to M ay 3 1 .. .. 4,093,8 36 3,872,050 1,459.789 1,631,667 225.483 Mex. In tern a tion al...M ay 264.832 99,295 94.007 Jan. 1 to May 31 . . . 1,246,347 1,079,589 448,450 441,216 369,506 C173.809 Cl69,878 M exican N ation al ... M ay 395,275 Jan. I to M ay 31. .. 2,016.620 1,813,634 c8 97.551 C808.063 61,970 35,710 M exican N orth ern .. . M ay 6 >,919 31.891 269,096 184.257 Jan. 1 to M ay 3 1 .. .. 347,679 142,220 Minn. A 8t. Lou is. .M ay 142,970 157.728 41,739 62,368 080,046 218,624 Jau. 1 to Ma* 31 . . . 767,689 262,993 J u ly 1 to May 31 . . . 1.3o8,71l 1,674,093 718,194 759,022 190,937 99,765 .Minn. 8 t.P .A 8 .S te M May 280,709 47,416 915.902 Jan. 1 to M ay 3 1 .... 1.331.490 471,887 214,785 19,992 343 def.3,329 M obile A Birm ’ xmun M ay 21,144 111,975 5,140 def.2,535 Jan. 1 to M ay 31 . . . 112,252 291.670 104.455 M obile A O h io.......... May 315,629 85,263 488,106 Jan. 1 to M i y 3 1 .. .. 1,167,710 1.343.133 427,751 Ju ly l t M ay 3 1 .... 3,361,613 3,014,939 1,280.625 1,091,057 342.570 128.705 129,556 Naah.Ch. A 8t. L . b .June 335,12 7 8 S3,120 8 £6,407 Jan. I to June 3 0 .... 2,133,895 2.236.133 J u l y ! to June 3 0 . . . 5,074,623 4,603*502 1,910.275 1,882,142 1.969 def.291 N evad a C en tral... .Mar. 2,059 def.371 5.408 def. 1,164 Jan. 1 to Mar. 31 . . . 5,697 dof.676 16,961 J u ly i to Mar. 31 . . . 22.129 1,838 def.1,550 8,075 2,762 3 022 S feva d a C y N ar.G 'ge .A pr. 7.985 27,910 6,984 9,144 Jan. 1 to Apr. 30---29,366 283,950 77,691 85,070 N. Y .O n t. A W e s t.* ..M a y 313,729 1,377,864 306,092 321,150 Jan. I to M a y 3 1 .. .. 1,368.731 963,137 941,433 July 1 to M ay 31 . . . 3.415.958 3.368.021 57,512 171,128 46.325 N . f . Bus. A W e st.. b . May 190,993 361,716 895,235 298,557 Jan. 1 to M ay 3 1 .. .. 819,936 873,801 657,248 Ju ly 1 to M ay 3 1 .... 2,038.362 1,968.549 582,174 162,002 137,357 N o rfo lk A Went’ u .a M ay 940,133 664,330 926,865 Jan. 1 to M ay 3 1 .. .. 4,719,130 3.802,674 3,930 def.673 def. 909 Northeastern o f G a.. Apr. o,447 18,391 3,433 6,523 Jan. 1 to Apr. 3 0 ___ 21,870 514,341 94,745 132,571 N oith . C en tra l.b .......May 493,303 716,371 Jan. I to M ay 3 1 .. .. 2,461.006 2,512,468 • 5 7 7 .8 U 309,790 144,098 N orth ern P a cific, b. .M ay 1,323,504 1,321,289 Jau. 1 to M ay 31 . . . 6,241.501 5,825,001 1,613,606 1,579,624 Ju ly 1 to M ay 3 1 ...1 8 ,2 3 0 ,7 8 4 16,160,622 7,466,799 5,762,318 20,627 18,111 Ohio R iv e r .b ............. M ay 83,890 64,007 114,342 89,035 Jan. 1 to M ay 8 1 .. .. 336.970 272,463 3.732 6,666 Ohio R iv e r A CUas...M ar. 17,729 18,503 13,201 11,457 Jan. 1 to Mar. 3 1 .... 55,078 44,407 P en n sylvan ia— Lines d ire ctly op erated — East o f P it t a b V . M ay 5,173,067 5,133.567 1,423,497 1,529,197 Jan. 1 to M ay 31..25,199.770 24,570,476 6,524,725 6.634,525 Ino. 167,400 West o f P lttsb 'g -.M a y luo. 133,900 Ino. 319,900 Jan. 1 to M ay 31 .. Iuo. 063,600 AU lines op erated— Dec. 218,800 East o f Pittsb’g ..M a y Dec. 19,900 Deo. 512,300 Jan. 1 to M ay 3 1 .. In c . 619,000 In o . 130,200 West o f P ittsb ’g .. M ay In o . 113,600 In o . 253,100 Jan. 1 to M ay 3 1 .. In o . 659,400 21,550 11,481 Peoria Dec. A E v ___ A pr. 04,098 70,299 97,583 81,280 Jan. 1 to A pr. 3 0 .... 282,046 294,286 13,059 27,246 P etersb u rg ................. M ay 58,533 43,93 4 69,309 111,328 Jan. 1 to M ay 3 1 . . . 253,315 212,204 178,709 236,733 Ju ly 1 to M ay 3 1 . . . 535,277 455,430 125,514 127,115 Ph ilad eiph iaA E rie b M ay 391,563 379,387 359,600 390 390 Jan. 1 to M ay 3 1 .. .. 1,543,675 1,473,301 749,608 024,073 Phil a. A R ead in g ......M ay 1,587,570 1,729,129 Jan. 1 to M ay 3 1 .. .. 7,312.439 8,077.841 3,192,914 3,401,483 Dec. 1 to M ay 3 1 .... 9,645,695 9,629,769 4,008,652 4,006,345 Coal A Iron C o ____M ay 1,952,901 1,772.976 d e f.57,820 def. 6,221 Jan. 1 to M ay 31 . . . 8,318,404 8,963,106 df.487,113 df. 204,141 Dec. 1 to M ay 3 1 ....10,534,762 10,551,361 df.509,533 df.391,569 566,253 743,387 T o ta l both Cos ....M a y 3,540.471 3,502,105 Jan. 1 to M ay 31....1 0.130 ,8 43 17,040,947 2,705,801 3,197,342 Dec. 1 to M ay 3 1 . . . . 20, 180 ,457 20,181,130 3,439,119 3,614,776 20,514 16,316 04,798 55,331 Phil. Bead. A N.Eng..M ay 75,468 71,792 283,307 266,016 Jan. 1 to M ay 31 . . . 403,629 364,122 Pitts. C. C. A St. L...Ju ue 1.219,479 1,223,653 Jan. 1 to June 3 0 .. .. 7,278,645 6,972,072 1,664,478 1,450,357 def.462 def. 61 Pitts. Mar. A O h io....M a y 3.388 3,519 608 def. 4,963 Jan. 1 to M ay 3 1 .— 17,256 17,024 80,717 116,305 Pittsb u rg A W estern June 301,815 336,665 407,374 453,993 Jan. 1 to June 3 0 .... 1,408,659 1,378,761 916,664 935,465 J u ly 1 to June 3 0 .... 3,002,877 2,807,891 R oads. 342,236 1,559,541 41,778 40,807 225.653 206,310 13.984 20,873 88.767 97.695 3,964 2,012 28,264 20,790 59,359 64.972 2,415 2,580 11,050 13.510 41,343 40,610 15,917 2.4 82 53,339 30.471 110,939 10 6 ,7 )9 296,869 241,523 1*205.226 1.333,939 3.162,538 3,110,561 25.200 40.^87 164,500 191.524 413.183 410*603 40,496 26.010 8 9 ,) 76 104,^62 337,*>97 3 6 1 .5 U 61,235 4<.7 l0 172,491 155,52) 92,510 72,858 343,733 267,811 7,422 d e f 26,016 39,151 2J3.355 437 def. 123 H .0 1 7 10,118 83.420 63. J17 217,935 217,780 1,088,178 1,06*.091 2,125,101 2.007,22* 4,529 811 14.022 6,215 10,113 10.84*2 35,712 11,225 22.821 83,873 01,493 25.459 11,901 08,715 79,213 104,798 127,736 27.953 33.032 160,826 197,071 100,999 329,337 704,079 694*163 2.793. >42 2.596.881 3 ,89 0.714 3,093,793 2.313 2,073 9,335 10,325 50,4 *7 19,225 *242,976 273,750 122,539 117,622 563 21,926 1,901 9 ,2 1 2 38,705 32,717 333 560 2,794 2,337 26.733 def. 5,027 K 152,423 61.551 328.159 g 125.951 2,083 9,878 7,000 49,428 62,510 127,221 16.421 d e f . 546 70,392 72.360 204,398 258,783 10,199 30.271 199,010 230,217 192,521 193,813 1,076,456 1,090,558 24,547 46,529 00,312 124,821 8.234 0,170 26.344 15,179 def.131 602 415 2.623 4 7 ,9 7 7 def.819 109,873 150,219 577,819 317.550 2,189.351 2.267.008 0.322.228 5,857.413 12,309 13,476 37,453 40.311 11.131 10,730 96,321 112,838 lb3,L02 229,937 13,758 30,625 200.525 276.357 197,615 649,184 def. 235 861 3.901 1.737 10,707 2.578 d e f.1,131 6.007 33.109 13,992 8.057 7,599 10,732 17,691 101,075 109,129 .... ... I ll THE CHRONICLE. 112 R oads. .Vet E a rn in g s - Cross E a r n i n g s .— 1895. 1896. 1895. i '- " i. $ * $ * 66,657 76,938 150,640 171,886 185,083 171,795 516,415 531,472 33,442 28.732 75,922 75,589 105,462 106,610 297,563 312,614 223,661 242.745 632,397 665.300 7,613 9,753 29,426 34,021 28,717 42,276 137,960 1 4 *,501 66,985 97,156 294,842 324,447 10,156 11,076 31,228 37,789 63.26S 67,366 146,057 177,106 181,641 219,674 365.382 146,682 77,025 202,056 77,230 209,129 277,505 309.612 844,321 900,791 672,931 884,221 2,249,813 1,989,611 1.687 9,346 def. 1,933 8,513 9,767 1,648 45,182 40,625 48,932 43,285 108,611 108,351 399,034 365,639 831,482 801,313 185,177 157,022 473,879 454,342 863,862 887,999 2,391,106 2,311,679 2,380,915 2.251.618 5,637,501 5,630.559 3,977 10,798 124,183 127,632 147.274 130,819 748,226 678,455 37,502 29,571 81.778 70,852 92,548 72,421 383.952 342,226 284,928 232,580 826,701 790,958 89.226 67,983 261,463 286,062 325.956 2:6,343 1,153,813 1,115,174 861,487 721,402 2,822,903 2,971,859 6,041 17,518 10.628 17,751 4,378 25,703 42,730 43,193 469 def.394 1,730 1,557 4,079 def.2,065 def.1,371 5,183 P itt*. You ng*. A A .. M ay J »u . 1 to H u y 31 . . . Rioh. Fred. & P o t.. .M ay Jan. 1 to M ay 31 . . . Ju ly 1 to May 8 1 .. .. Slob. A P etersbu rg... May Jan. 1 to M ay 3 1 .. .. Ju ly 1 to M ay 3 1 .... R io G rande South, b .M ay Jan. 1 to May 3 1 .... J u ly 1 to May 3 1 .... R io Grande W e st.b .. May Jan. 1 to May 31 . . . Ju ly 1 to May 3 1 .... Sac. Tua, A H u ro n .. .Slay Jan. 1 to M ay 3 1 .. .. S t-L o u lsA lt.& T .H .b .J a n . July 1 to Jan. 3 1 .... St. lamia * San F r . .. May Jan. 1 to Stay 3 1 .... Ju ly 1 to M ay 31 ---Sac A nt. A Aran. P. M ay Jan. 1 to M ay 3 1 .... San Fr. * N. P a o.......June Jan. 1 to June 3 0 .... Ju ly 1 to June 3 0 .... Sav. F la. & W est. b. . Apr. Jan. 1 to Apr. 3 0 .... Ju ly 1 to Apr. 3 0 .... S ilver Sp. Ooala & G. Mar. Jan. 1 to M ar. 3 1 .... South H a ven & East. Apr. Jan. 1 to A pr. 3 0 .... Southern P a cific— 115,085 365,020 Gal. H. A S . A n t. b . . May 378,771 644,123 Jan. 1 to M a y 3 1 .. 2,045,534 1,869,183 18,723 82,090 Louisiana W est. b._ M ay 60,905 144,265 469,511 Jan. 1 to May 31 .. 378,876 69,579 391,706 M e a n 's L a .& T . b ..M a y 335,851 421,460 Jan. 1 to M ay 3 1 .. 1,987,714 2,445,220 3,700 13,928 16,945 N .Y .T e x . &’ M ..b ...M a y 17,947 96,511 81.030 Jan. 1 to M ay 31.. 138,290 24,768 Texa s A N. O .. b ... M ay 97,108 163,815 683,033 Jan. 1 to M ay 3 1 .. 540,745 227.613 998,830 A tla n tic sy e .b .ll. M sy 895,158 Jan. 1 to M ay 31 .. 5,038,895 5,630,564 1,394,367 669,150 Paolflo sy s te m .h ...M a y 2,429,217 2.582.489 Jan. 1 to May 31 .. 12,268, >32 12, l i 6,815 3,738,102 904,487 T o ta l o f a ll......b ...M a y 3,541,773 3,855,925 Jan. 1 to May 31 ...18,649,164 19,308.412 5,282,644 234,144 So. Pac. o f Cal b ...M a y 789,522 857,411 Jan. 1 to May 3 1 .... 4, >76,518 3,970,570 1,347,053 32,215 So P a e.of A rlz ’ a.b..M ay 180.021 181,343 298,993 Jan. 1 to M ay 3 1 .... 1.007.433 971,650 32,264 So.Pao o f N. M .b .. M ay 96,743 94,310 183,755 Jan. 1 to M ay 3 1 .... 501,670 450,647 38,563 Northern R ail’ v.b...M ay 161,861 133,359 213,532 Jan. 1 to Slay 3 1 .. .. 787,415 693,101 242,292 Southern Raihva.v.a. May 1,354,183 1,394,007 Jan. 1 to Slay 31..-.. 7.406,103 7,072,431 1,900,090 J u ly 1 to M ay 31....17,731,599 16,713,038 5.404.619 20,492 8pokano Falls & N o r.M a y 35,084 22,840 81,826 Jan. 1 to M ay 3 1 .... 146,048 87,306 28,075 Staten 1. Rap. T r . b . A pr. 79,566 77,111 Jan. 1 to Apr. 3 0 .... 283,040 281,618 70,453 345,104 J u ly 1 to A p r. 3 0 .... 956,618 "890,717 Stony C l.A C . M ..b ..M a y 2,111 2,462 69 Jan. I to M ay 3 1 .... 7.303 7,551 d e f 3,662 July 1 to M ay c l . . . . 37,809 39,193 11,533 Summit Branch........M ay 79,282 103,554 def.25,031 Jan. 1 to M ay 3 1 .... 404,814 501,180 def.57,482 37,649 Lykens V a l.C oa l.. .M ay 66,881 def.920 Jan. 1 to M ay 31___ 370,627 292,447 25,371 -------T o ta l both Co’s ...M ay 146,163 141,194 d6f.25,951 Jan. 1 to M ay 3 1 .... 775,441 793,627 def.32,111 Texas C e n t r a l.........Mar. 18,262 19,648 2,748 Jan. 1 to Mar. 3 1 .... 60,851 11,019 62,838 Tex. 8ab. V. & N. W .. May 2.561 3,009 1,148 Jan. 1 to M ay 31 ___ 12,620 17,508 2,834 Toledo A O. Cent, b .. M ay 127,706 95,795 28,588 Jan. 1 to May 3 1 .... 724,861 829,271 221,052 J u ly 1 to M ay 31 ___ 1,796,652 1,761,604 580,203 73,342 Tol. Peoria A W est.b. Jane 78,291 19,922 Jan. 1 to June 3 0 .... 478,889 460,010 123,320 Ju ly 1 to June 30 ___ 1,010,148 953,239 262,469 O leter & D ela w a re... Apr. 30,446 31,982 5,180 Jan. 1 to Apr. 30___ 103,392 98,860 11,523 J u ly 1 to A pr. 3 0 .... 351,278 8b",654 335,420 Onion P a cific— Onion Pao. R v ..b ..M a y 1,109,914 1,156,180 389,798 Jan. 1 to M ay 3 1 .... 5,032,975 5,225,961 1,660,306 O re*. 8.L. A U .N .b ..M a y 456,101 435,463 232,195 Jan. 1 to M ay 31 .. 2,060,327 ....... 1,817.171 1,004,412 St. Jos. & Gd. I s l. b .. M ay 44,228 46,042 def.2,985 Jan. 1 to M ay 31.. 241,555 232,150 35,975 Kau. 0. & O m .b ....M a y 5,677 4,464 def. 1,5 6 8 Jan. 1 to Slay 31.. 38,824 27,677 32 Cent. B r a n c h ..b. ..M ay 29,563 23,151 9,483 Jan. 1 to M a y 31.. 161,455 115,989 64,181 Atoh. C. A Pac. > h , r 23,398 19,586 def.8,364 A t. Jew. C. A W . ( “ M ay Jan. 1 to Slay 31 .. 120,425 108,595 def.19,539 Grand T o ta l.b .t.. .M ay 1,703,985 1,765,140 010,591 Jau. 1 to M ay 3 1 .. 8,175,026 8,007,417 2,813,795 Un. P .D .A G u lf.b ....M n y 275,984 295,219 40.726 Jan. 1 to Slay 31 . . . 1,197,439 1,174,285 204,924 W abash.b...................May 965,147 986,823 206,662 Jan. I to Slay 31 . . . 4,849,695 4,712,901 1,232,106 J u ly 1 to M ay 3 L . . . 11,827,587 10,999,728 3,359,672 Waco A N o rth w 'n ...... tp r . ' 16,802 15,850 6.691 Jan. 1 to Apr. 3 0 77,440 75,595 32,111 West J ersey A B ra...A pr. 124,394 117,167 25,634 Jan. 1 to A pr. 3 0 .... 413,804 390,561 50,928 104,253 531.275 33,439 222,436 67,970 602.956 2,286 28,082 49,841 281,s72 251,923 1,664,938 807,507 3,397,146 1.121,817 5,>26,315 321,327 1,325,80 • 57.036 289, H e 43,639 129,5.6 10,> 57 79,122 203,282 1,757,438 4,969,552 11,926 41,007 14.978 64,326 342,057 619 def.52 17,127 8,435 71,762 def.15,053 20,120 def. 6,618 91,882 4,287 17.037 690 6,218 2,842 143,307 564,095 6,671 82.226 208,977 6,770 7,680 78,895 432,562 1,809,705 188,400 627,082 2,626 39,800 d ef.4,124 def.13,510 4,323 24,425 def.7,756 def.19,312 617,207 2,517,548 51,106 221,073 242,753 1,114,325 2,791,777 5,026 34,786 33,272 61,727 rvoL. Lxin. — G rot 8 E a r t u n a s . ---- - 1396. $ 97.655 472,374 1,089,328 34,706 119,862 38,177 217,536 540,094 257,964 1,108,983 2,929,499 385,587 1,621,294 3,996.225 5,771 39,724 87,189 R oads. W e s tV a . Cent. A P ..M ay Jan. 1 to M ay 31___ J u ly 1 to M ay 31___ W. V ir g in ia A P ittsb . A pr. Jan. 1 to A p r. 3 0 .... West’ n o f Alabam a... Slay Jan. 1 to .May 31 ... J u ly 1 to Slay 31 — W e8t>.N.Y.APenn.b. M ay Jan. 1 to M a y 3 1 ___ J u ly 1 to M a y 31— W isconsin C e n tr a l... M a y Jan. 1 to M a y 3 1 .... J u ly 1 to M a y 31 ___ W rlghtsv. & Ten n .. .M ay Jan. 1 to Slay 31 ___ J u ly 1 to M a y 31 — 1895. S 88,658 403.327 957,787 30,483 101,741 38,692 195,117 484,898 266,033 1,211,115 3,003,664 392,889 1,572,821 3,707,566 17,963 33,039 75.474 ----- N e t E a r n i n g s .— - a 1896. 1895. * * 28,950 30,487 154,044 142,623 373,269 326,119 16.817 17.39561,827 55,767 10,929 11,229 65,922 60,447 197,784 167,808 H 96.042 51,779 321,771 253,323 U344.607 885.840 61,234 141,870585,192 504,343 1,280,533 1,163,396 1,603 4,553 5,220 18.281 21,249 35.3C8 a N e t earnings here g ive n are a fte r dedu cting taxes. b N e t earnings h ere g iv e n a re b e fo re d edu ctin g taxes. c D eductin g oth er expenditures fo r repairs, replaoem euts and general exuenses, net Income applicable to in terest on bonds in M a v was *90 ,70 9, against *93,122 last vear, and fro m January 1 to M ay 31 *508,146, against *418,650. This is the resu lt In M exican dollars treated (accord in g to the com pany’ s m ethod o f keeplug Its accounts) as eq u iva len t to 80 cents in U nited States m oney—that is, a ll d e p r e d ation beyond. 20 per cent has a lre a d y been a llow ed for. d Figures fo r 1896 do not include results on A lb a n y Fla. & N orth ern, w h ile those fo r 1895 do. e Results o f coal m in in g operations on ly. g In clu d in g other inoom e, the n et fro m Ja n u a ry 1 to M a y 31 w as $163,799, against *J5,930, and tro m J u ly 1 to M ay 31 *188,706, against $382,911. It Inclu ded in expenses fo r M ay, 1896, is $2,225, and from J u ly 1 to M ay 3 L, 1896, $118,767, w h ich in fo rm e r yea rs w ou ld h a ve been ch arged to betterm ents. * Earnings fo r M ay, 1896, include *2,716 fro m sale o f rails and scrap. I Inolu des o n ly one-half o f lines in w hich U nion P a c ific has a p a r t interest. Figures arc g iv e n ex clu sive o f results on O ieg o n R a ilw a y A N avigation , U nion Pacific D en ver & G u lf, F o r t W orth & D en ver C ity , Lea ven w orth Topeka & Southw estern and M ontana Uni.rn. II In clu din g incom e fro m fe rrie s. A c. * Inclu des uhidago B urlington it N orth ern fo r both years. M iscellaueoni Compauies. - G ross E a r n in g s .- 1896. $ B rooklyn U n ion G as. Apr, Jail. 1 to Apr. 3 0 ---N o v. 4 to A pr. 3 0 .... Col. Fuel & Ir o n ...... Mar. Ju ly 1 to Mar. 3 1 ---* ‘ Haon El. £l.Co..N. Y .. May Jau. L to M ay 31 — £d. El. EH. Co., Bklyn Juue Jau. L to Juue 3 0 ___ Ed.E l. lll.C o.,St.Lou . June Jan. L to June 30 . . . Gd, Rapids G as-L Co.. May Jan. 1 to M ay 31 . . . La cled e Gas-L. Co.. June Jan. 1 to June 3 0 .... M exican T elep h on e.. Apr. Jan. 1 to A pr. 30 . . . Mar. 1 to A p r. 3 0 .... O regon Im p. C o .a ..,.M a y Jan. 1 to M a y 3 L .... D ec. 1 to M a y 3 1 ___ P a cific M a il...............M ay Jan. 1 to M ay 31 ___ Tenn. Coal I. & RR ..June Jan. 1 to June 3 0 ___ W estern Gas Co.— M ilw aukeeG as-L.C o.June Jan. 1 to June 30 ___ 298,085 3,441,528 2,254,946 1895. $ ln 9 ,l«7 946,837 57,725 403,412 155,859 868,311 r 3,0 23 249,043 10,161 39,876 20,570 282,570 1,313,425 1,553,752 280,898 1,598,115 9.295 36,138 18,341 291,898 1,296,119 1,573,315 462,315 1,920,509 -N e t E a r n in g s .- 1896. $ 117,905 660,616 1,066,704 64,496 605,803 77,752 477,121 22,059 181,136 13,053* 167,998 7,108 50,293 48,907 364,0 L9 5,065 18,024 10,035 28,867 79,773 75,265 18,181 234,142 76,546 459,688 24,725 201,568 1895. 38,962 458,458 75,148 417,729 7,987' 104,170 23,758. 154,8676,47 * 45,124; 54,701 403,874 4,807 16,789 8,190. 51,671. 123,31c. 145,20^ 113,917 418,808r 86,981 378,533' 21,445 192,263 In terest Charges and Surplus.—The follow ing roads, 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. /—I n t e r 't y I 'c n t a l s , < £ c . s r—B a l . o f N e t R oads. B an gor <fc A roostooh . Apr. Jan. 1 to A pr. 3 0 .... B uflalo & Susqueh’ a .M a y J u ly 1 to M a y 3 1 .... Cam den & A tla n tio... A p r. Jan. 1 to A p r. 3 0 .... Cliio. Burl.& Q u incy..M ay Jan. 1 to M ay 31 ___ Ohio. & E a st Illin o is ..M a y Ju ly 1 to M ay 31___ Chic. & W est M ic h ...M a y Jan. 1 to M ay 3 1 .... Olev. Cin. Cli. & St. L . . M ay J u ly 1 to M a y 31 . . . P e o r ia & EaaterD ... M ay J u ly 1 to M ay 31 . . . Q en ver & R io G F d e . M ay Ju ly 1 to M a y 3 1 .... Det. Lans. & N o r ...... May Jan. 1 to M a y 31 ___ F lin t & P e r e M a rq ....M a y Jan. 1 to M ay 3 1 .... In d ia n a D eo.& W est.Mar. Jan. 1 to M ar. 31 ___ Kanaw h a *fc M ich ... . M ay J u ly 1 to M a y 31___ Kan. C. F t. 8. »fe M . ..M a y J u ly 1 to M ay 31 ... Kan. C. Mem. & B u \.M ay Ju ly 1 to M ay d l ___ 1896. $ 21,636 86,044 12,987 133,912 11,598 59,548 880,000 4,400,000 117,007 1,273,991 33,847 169, L09 239,324 2,602,318 36,802 404,818 202,724 2,163,977 16,244 122,543 51,330 255,839 3,000 8,600 10,030 112,202 120,041 1,272,972 16,507 160,158 E a r n s .-* . 1895. 1896. $ * 18,196 2967,785 71,683 1,286 7,699 8,804 8,305 4.83R 25,392 96,845 66,329 *5,214 12,475 *3,589 60,511 *def.54,887 *df.30,657 def.15,246 872,954 df.250,846 4,364,772 df.210,141 d f.446,959 115,024 *6,547 *def.4,455. 1,255,811 *516,610 *143,842 32,751 d e f.19,863 d e f.ll,8 7 S 167,349 dtf.80,342 def.69,654 241.062 2,199 55,807 2,602,685 560,190 507,879 36,802 def.11,542 4,085 404,818 20,685 8,365 201,315 15,211 46,465 2,202,615 761,124 464,614 29,915 def.5,019 def.7,094 149,735 def. 61,048 def.65,862 50,886 def. 3,105 def. 47 9 255,800 17,917 def.12,824 2,800 10,476 9,503 8,400 29,053 37,711 10,078 *def.2,431 •'def.2,021 116,282 *d ef.3 ,0 73:‘ def. 14,607 112,627 def. 13,599 def.7,277 1,226,495 27,899 79,623 13,870 def.564 102 131,413 62,660 42,314 1895. Ju ly THE CHRONICLE. 18, 1896.j Road st. L . Erie A West'll.......May Jan. 1 to May 31 — Louisv. N. A. A Ch...May July 1 to May 31.—. Nasbv. Chat. A 8t.L.Juue July l to June 30 . .. Pitts. C. C. A St. L .. June Jan. I to June 3 0 .... Rio Grande South.. . May July 1 to May 3 1 .... St. Louis Alt. A T. H. Jan. July 1 to Jan. 31 — San Frau. A So. Pac.June Jan. 1 to June 30___ July 1 to June 3 0 .... Tenn. Coal I. A RR. June Jan. 1 to June 30___ Toledo A Ohio Cent..May July l to May 31 — Toledo Peo. A West. June July 1 to June 3 0 . . . West Jersey A Br* .Apr. Jan. 1 to Apr. 30___ ■Inter'si, rentals. ■—Bat. o f Xet Earns. 1396. 1395. 1396. 1895. $ 3 $ $ 57.763 57,382 44,493 44,903 239,500 237,331 309,021 313,953 85.102 85,3 28 def.6,935 2,470 939,911 915,834 73,367 def.47,926 124,373 126,694 5,178 2,011 1,493,4 32 1,519.296 411,793 362,946 247,850 259,426 116,272 141,203 1,643,030 1,619.38 s 15,549 df. 169.031 14.098 14,192 (let. 3,022 1,964 154,663 65.006 ........... 114,122 »3I,2 44 9.163 15,688 1255.931 1249,993 109.708 149.016 19,213 14,317 10.358 18,135 106,012 107,566 def.34,521 d ef. 15,018 230.550 231,140 2,03 ) 53,783 48,733 47.394 28,662 38,246 303,375 237,304 17 3,334 75,153 41,174 38,229 'd f. 12,265 *df.35.254 430.866 384,332 ■158.562 -189.023 21.762 21,012 def.1,840 d 8 f.l4 .3 ll 253,563 240,371 8.903 def.31,394 21,410 18.533 *7.490 *13,265 84,383 101,174 *def-13,619*def. 10,6 33 * A fte r allowing for other income received. ; These ate charges on the new basis as they stand after reo gan Izat lO D . t These charges are simply for ta les and rentals of leased lines and do not Include bond Interest. STREET R A IL W A Y S AND T R iC T IO N COM PANIES. The following table shows the grosn earnings for the latest period of all s t r e e t railways from which we are able to obtain weekly or monthly returns. Tne arrangement of the table is the same as that for the steam roads—that is, the first two columns of figures give the gross earnings for the latest week or month, and the last two oolumns the earnings for the calendar year from January 1 to and including such latest w e e k or month. STREET R A IL W A Y S Gaos* E a r n in g s AN D TRACTION' COM PANIES. L a t u t O ro tt S o m in g t . . Week or Ho A kron B e ' f d A C le v J u n e ........ 1896. 1995. • * 9,258: I fa n , 1 to L a !a t D al* ___ Akron s k K v .A III. Co H ay.......... 18.5921 14390 AU ent’ n A Lnh. T r V n M a y .......... Am sterdam 3t. B y ... A p r il........ A tla n ta Con. St. tty .. M a y.......... Baltim ore T ra c tio n .. J u n e ........ Bath st. Ry (N. Y.t.. M ay.......... B ay C ities Conan I___ J u n e ..........i Binghamton St. Ry.. May.......... B ridgep ort Traction J u n e ........ B rockton Con St. R >. M a y.......... B rooklyn E le va te d .. 4th w kJ’ ne B r'klyn R ap.Tr. O n .-I Brooklyn H atghta.. jJ u n e ........ B F klyn Qu’ n* A S n b J u n e ........ I T o ta l fo r system . J a n e ........ 21, (34! 19,119 3.679 3,675 35,101; 3u,669 121,398! 114,571 1,919 1,796 8,698 9,778 12,715 10.860 29,720! 28,602 26,698; 22,549 36,801! 46,313 1896. 1895. * 1 8 41,063 83.99U 69,513 80,744 72.243 12,92* 14,477! 14 4.35 » 117,234 593.391 531.M04 7,260 6,786 4 i 4 >51 40,241 52,610 43,224 149,560 131.373 112,249 92,912 992,31. 1,114.690 101,827 410,059 2,152,718 1,721,042 337,36 V 264.750 64.563 62,875 469,390! 472,933 2.490,58 i 335 154 297.363 59.147| 51.971 14.90.5 13,523 19.58 3 20,9001 93,6*22 84,160 370,188 59,941; 54,908 377,790 50,950 45,959, 1853251 165,994 75.98.5 72.758 ........ 7,977 2 010 l,935i 441,23*2 338,700 104,8 -7 91,548 140.57s 135,062 795,511 091,199 56.846 59,546 316,074 297,640 153.643 34,786 44,745 175,026 254.7.53 215,355! ........ 7,736 48,795; 5,579 284,931 62,713; 59,302 273,908 174.8121i ........... 39.407; 23.532 22,503 108,081, 106,169 13.894 11,756 57,706 49,162 9,693 2.231 2.248 57,564 14.859 10,819 41,775 13.059 12,449 26,317 27,010 B tdalo R y .. . . ...........March........ Central Trac.i Pitub.i A p ril........ Cheater Traction...... J u n o......... Chic, A So. 8l(le R.T. J u n e ....... ctn. Newport A Cor.. A p ril........ CR'a Pas. Ry. (Ind'a.. April ...... City Elec.(Rom e,G n.)jM ay.. .. .. . Cleveland City Ry— May......... Cleveland Electric J un e....... Oolumbua St. Ry. 10.1 J o n ........ Coney Island A B’ lyn. J u n e ........ Consol. Traction N.J May.......... Danv.G'*E.L,ASt.Ry,!June ... .. . Denver Con. Tramw May.......... Detroit R y................ Stay........... Duluth St. R y.......... J u n e........ Erie Elec. Motor Oo . May.......... Flush! uk A Collage Ft. |J u n e ........ Fort Wayne CoaaoL. May........ Oalveaton City Rv. . February.. Herkimer Mohawk ft3 ,80 6'i 1,526 lon A F*kfort F.l.By. May.......... Hooatck B y......... ....... May.......... 9J0 Houston City St. Ry. May.......... ! 18.133! * 23^133 Interstate Cooaol. or North Attleboro... J u n e ...... 10,891 Lake St. Kiev. (Chlc.1 A p ril....... 52,908 Lehigh Traction....... J un e......... 9,453 Lock Haven Traction A p ril....... 1,467 ...........I London St Ry, (Can.) May.......... 7,855 " i'.8 8 i Lorain St. B y............May........... 6,147 7,164! Lowell Law. A Hav . May......... 36,652 36,654 Lynn A Boston......... let w kjuly 36,625 4 -.476 Metrop.lKanaaaCltyi 2 wka Jane 74,371 70,715 Mllw. fcl. Rv. A L Co. March.................... Montgomery SC Ry J u n e ....... 5,215 ‘ 4.0 V6 Montreal Street Ry... J u n e....... 116,429 t i l . 149 NaahvtUe St. Ry....... March...... 24.804 23.887; Newburgh Electric... May.......... 8,544 5,805l New England SC— Wtneheater A r e ___May............1 20,711 18,680! Flym 'th A Kingston May.......... 2,590 2,290; T otal................... 2d wk July 7,772 8,111 KewHavenACentrev. J u n e........ 4,920 4.499( New Haven SC Ry. .. May.......... 20,011 15,912 New London St R y.. May......... 1 1,736 3,664 New Orleans Traction May.......... 125.698 123,436 N. Y. A flarlem ......... March...................... Northampton S c Ry. (Maas.)................... March........ 6,250 4,920j Ogdenabiirg SC R y.. J u r e ....... 2,366 Paterson R y .............J u n e ......... 27,951 3 i ’,005l Pitta. Prontenae A sab. Elec. Hr. (K ao.r A p ril....... 1,377 FoTteepale A Wapp.F. May......... 8,453 Koanoka Street........ May........... 1,060 3,174 Rochester R y ............March........ 70,976 65,038 Savaa— k E lectric... February.. 5,441 3,470 . ; 18,146 3,175 ........ ........... ........ 56,353 57,433 5,292 23.918 28,532 147.040 538,609 768,381 376.219 26,510 602,761 19.399 29,632 131,588 500,248 713,554 320,608 23,082 615,651 79,222 10,946 72.665 9,518 28,398; 74,846 15,361 568,163 232.26u 20,839 63.220 13,506 519.42 3 279,026 19,307 8,047 155,140 133,593 12,997 5,435 31,040 15,665 210,775 12,572 187,100 ' 113 L a test G ross E a r n in g s . G ross E a r n in g s . 1896. I 1895. Week or Mo I Jan T t o L a t e s t 1We# 1895. i * I * 9,221 7,080 5.--J84 4,915 29,2 75 26,867 38,905 22,383 6,333 6,828 33,194 33,412 991 888 10,36-* 13,421 3,303 3,467 26,536 21,795 13,777 12,843 ........... 76,241 75,199 170,1 »3 164,006 18,790 17,637 152,877 136,968 13.054 18.858 13.149 11,537 6,397 5,643 20,251 20,336 14.323 14,28 i 43,101 38,372 45,728 37,549 $ 8ohuylkill Traction... J ■ u n e ....... 45,63 3 4 0 ,7 8 3 Ju 26,039 * n e........ 20,016 j 3onuyikill Val. Trao.. J Soranton Traction— - u n e ....... 161,778 1 3 0 , 7 6 3 I Second Ave. (Pittsb.) ;A p ril........ 136,042 74,530 3 .',369 Sioux City Traction M ay.......... 31,288 1Steinwa/ Ry............ J u n e ....... 153,479 118,053 2,12u Streator Railway. ... February.. 1,827 64,131 Syracuse Consol.......'«J u n e ....... 84,297 18,371 Syracuse E*st-8ideRy J u n e ....... 147,875 104,504 Syracuse St. R R ....... J u n e........ i Terre Haute El’c. Ry May.......... 6),950 47,960 ! Third Ave. (N. V.) 584,541 580,521 A p r il....... 293,53S 2 78,404 I Toronto R y........... 789,695 751,080 Twin City Rap. Tran. M ay.......... 96.343 • u n e ....... | Union (N. Bedford)... J 80,891 677,447 593,895 United Tract. (P rov > M a y ......... u n e ....... 87,752 79,161 i Unit. Trac. (Reading) •JMarch...... 38,650 33,613 Utica Belt Line., < Wakefield is stoue J u n e ....... 24,854 22,216 j Waterbury Traction.. M ay......... 97.343 89,153 81,763 i Wheeling R ailw ay... .J u n o ....... 67,979 236,505 183,793 Wilke?b. A Wy. Valley •J u n e ....... 191,528 157,236 May......... f o r c e s t e r C o n s o l. I *Earuings in May, 1895, were increased by Confederate Soldiers’ Re union in Houston. Street R t l l w a j .Net Earniags.—fa the following we show both the gross and the net earnings to latest dates of all Str set railways from which we have been able to procure monthly returns. As in the case of the steam roads, th >returns of the different roads are published by us each w e e k as soon as re ceived, and once a month (on the third or the fourth Satur day of the month) we briag all the roads reporting together, as is done to-day. *----Gross Earnings.---- v,-----Eet Earnings.---- s 1896. 1895. 1896. 1895. * * Roads. * * $ 14,380 18,592 8,581 Akron St.Ry.AiLl.Co.. May 6,241 83.990 69,518 35,499 Jan. 1 to May 31 — 29,718 14,35 i 14,056 Allentown A L'di.Tr Mar. 38,043 44,72-4 19,099 Jan 1 to lar. 31 ... 16,623 3,679 3,675 303 370 Amsterdam St Ry .Apr. 12,926 14,477 1,601 Jan. 1 to Apr. 3u ... 197 35,10' 30.063 19,114 Atlanta Co:i«. St. R y.May 16,158 144.852 117,234 63,415 50,209 Jan 1 to May 31 —. 1,919 1,790 340 112 Bath Street Ry. .. May 7,260 0,736 1,455 515 Jan. i io May 31,—. 8.696 9,778 4,398 B »y Consol .. June 4,048 40,241 14.L30 41,453 Jan. 1 to June 39—.. 13,358 12,725 10,860 6,106 4,879 Binghamton si. Ky. ..May 43,228 20, >30 12,507 Jan. 1 to May 31 ... 25,523 14,644 30,012 13,172 Bridgeport Traot’ n...M aj 102,770 50,370 119,839 Jan. 1 to May 3 1 .... 33,918 26,691 22.549 11,424 Brockton Con.8t. Rv..May 10,701 112,229 92,912 43,037 Jan. 1 to May .31—.. 37,733 186,930 01,804 89,534 152,243 Brooklyn Elevated.a May 95 i,975 317 797 445,435 775,701 Jan. 1 to May .11 — 707,619 759,241 July 1 to May 3 1 .... 1,735,679 1,76 -<,225 20,800 10,949 19.V83 8,540 Chester (Pa.) Tract. June 93,622 84,160 46,268 38,532 Jan. 1 to June 30---54.908 22,077 59,911 11,041 Chic. A So. Side R.T.J11QO 377,790 131,729 370 158 97,388 Jau. 1 10 June 3 0 ..., 15,217 50,950 45,959 Ctnn. Newp. A Cov Apr. 12,258 165,994 185,825 43,075 33,745 Jau. 1 to Apr. 31.—. 2,010 657 1,835 331 City Eieo.(Rome,<Ja.) May 7,977 1,880 Jan. 1 to May 31---111,524 43,309 36,707 128,282 Cleveland Electric, Mar. 311,051 120,142 89,740 372.688 Jan. 1 to Mar. 3 1 .... aft, '46 30,863 31,741 58,646 Columbus (O.i 3t. Ry. I uue 297,046 159,557 147,694 316,071 Jan. 1 to Juoe 30 ... 59,302 25,211 62,713 23,109 Denver Con. Trainw..May 273,908 109,960 101,972 281,831 Jan. 1 to May 3 1 .... 6,445 7,672 Danv.G&sKl.-L St. By May 19,650 41,059 Jau. 1 to May 31___ 12,168 38,407 174,812 50,854 Jan. 1 to May 3 1 .... 17,564 17,765 8,701 9,418 Duluth Street R v ___Apr. 65,291 30,827 28,810 65,706 Jan. 1 to Apt. 30---5,292 10,819 7,260 14,859 Ft-Wayue Cons. R y..M ay 41,775 21,496 15,493 57,501 Jan. 1 to May 3 1 .... 12,449 3,755 3,708 Galveston City Ky....Feo. 13,058 27,010 0,707 20,317 8,408 Jau. 1 to Feb. 29. —. Herkimer Mohawk Ilion 1,526 1,970 3.306 967 A Frank. E l.R y......May 18,146 9,555 Jan. 1 to May 3 1 .... Inter-State Consol. Street 10,891 2,614 Ky. (No. Attleb I .Juue 7,320 56,353 Jan. 1 to Juno 30—.. Lake St. Elev. (Chicago)— 113,422 Jan. 1 to May 3 1 .... 1,648 Lehigh Traction..... June 9,453 24,291 57,433 Jan. 1 to Juno 30,—. 55,985 123,017 July l to Juue 30 ... 4,884 1,308 2,679 7,655 London 8t.Ry.(0an.).May 2,093 19,399 9.357 Jan. L to May 3 1 ,... 29,919 1,777 4,032 7,164 6,147 LoratnStrect Rv.iO.i.May 12,304 29,632 5,951 26,532 Jan. 1 to May 31___ 15,609 17,054 30.652 36,554 Lowell Lawr’oo AH..M ay 38,253 49,681 147,040 134,588 Jan. 1 to May 31___ 27,190 39,189 93,713 104,316 Lynn A Boston ...... Apr. 101,074 117,397 345,292 377,184 Jan. 1 to Apr. 3 0 .... 03,720 76,019 149,745 160,343 Matrop’n St. Ry.,K.C May 229,390 275,170 642,839 692,010 Jan. 1 to May 31___ 643,019 747,898 June 1 to .May 31.—. 1,780,940 1,701,155 Milw. El. Ry. A Light Co.101,943 138,776 326,608 376,219 Jau. 1 to Mar. 31___ ! Montgomery St. Ry.June 2,825 3,023 4,910 5,215 9,111 13,181 23,082 20,510 Jan. 1 to June 30___ 7,537 8,492 23,887 24,801 Nashville Street Ry.Mar. 2,549 4,547 5,805 8,544 Newbnrgh Eleo. Ry..M ay 1,057 3,664 1,695 4,736 Nnw London St. Ry. .May 2,000 2,843 13,506 15,364 Jan. 1 to May 31.... . ........ THE CHRONICLE. 114 -N et E a r n i n g * . ---- 1895. * 123,436 519.423 4,920 12,997 31,065 133,5 h3 1896. $ 125,698 568,163 6,256 19,307 27,951 155,740 Hoads. New Orleans Traot..M ay Jan. 1 to May 31.... Northampton St. Ky.Mar. Jan. 1 to Mar. 3 1 .... Paterson Rail w ay... June Jan. 1 to June 30 ... Pltte. Frontenao & Hun.— Eleo. Ry. (Kansas). Apr. Jan. 1 to Apr. 30— Nov. 1 to Apr. 3 0 .... F k ’pe.City&W. Palls. May Jan. 1 to May 31 ... Rapid Ry. (D etroit)..M ay Savannah Elec. Ry..Fel>. Schuylkill TraotlontJune Jan. 1 to Juno 3 0 .... Scranton Traction...June Jan. 1 to June 3 0 .... July 1 to June 3 0 .... Scranton A Garb. Tract — July 1 to Apr. 30...... Sioux City Traotion-.May Jan. 1 to May 31— Toronto Street R y...A p r. Jan. 1 to Apr. 3 0 .... Twin City Rapid Tr. .May Jan. 1 to May 31---- 1,377 5,435 8.155 8,453 31,040 U n ited T ra c t.(P ro v ld e n o c ) 1895. « 58,138 225,917 2.277 1,311 13,4 46 51,164 734 2.543 3.592 4,981 11,061 .......... ........... ........... .......... ........... 6,0110 ............ 5,441 7,080 45.603 29,275 161,778 330,308 3,470 5,224 40,788 26,867 130,768 270,628 585 t2,919 119,600 15,113 78.722 166,279 def.1,431 t3,402 112,190 14,523 54,353 113,445 31,811 6,828 32,369 76.241 298,536 170,108 789,695 27,774 6,333 31,288 75,199 278,404 164,006 754,080 17.379 672 5,303 35,024 127,0e3 96,093 426,234 14,866 409 2,356 35,994 117,356 93,467 393, 47 144,766 387,525 Jan. 1 to Mar. 31--Utica Belt Line St. Ry.— Jan. 1 to Mar. 31---Waterbary Tract’n. .May Jan. 1 to May 3 1 .... Wtlkesb.&Wy.Val.Tr. J’ ne Jan. 1 to June 30__ _ Worcester Consol— May Jan. 1 to May 3 1 .... 1806. A 55.258 256,616 425 4,446 12,095 65,320 38,650 20,254 97,343 43,101 236,505 45,728 191,528 33,613 20,386 89,153 38,372 189,798 37,549 157,286 13,784 10,456 43,131 22,475 122,597 13,304 47,412 92,236 12,313 35,960 r-Inter';, rentals, ttr —, e—Bal. o f Net Nary* - — 1896. 1895. 1896. 1895. $ * * $ 5,723 7,333 17,416 17,878 14,876 20,654 87,096 89,306 422 1,114 302 1,012 777 1,0C0 951 5.000 1,319 836 2,083 2,083 def.309 12,499 7,101 12,499 ANNUAL 8,333 9,046 6,808 26,851 6,533 REPORTS. Annual Report*.—The following is an index to all annual reports of steam railroads, street railways and miscellaneous companies which have been published since the last editions of the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p p l e m e n t s . This index does not include reports in to-day’s Ch ronicle . N ote R a il r o a d s a n d .— F u l l - f a c e f ig u r e s r e f e r t o M is c e l . V o lu m e s 6 2 a n d 6 3 — Co ’s. Page. A lle g h e n y V a l l e y .............................. 770 A tch iso n T o p e k a A S anta F e ........ 7 3 B u rlin gton C ed. R ap id s A N o rth .. 806 Canada S o u th e rn ................................103S C en tral P a cific....................... .1081,1090 C h icago E dison C o ............................. 987 C h ica go G re a t W e s te r n .................. 1130 C h icago A N o rth W e s t e r n ............. 1037 C h ica go R o c k Islan d A E’ a c iflc ....... 1037 C hic. A W e s t M ic h ig a n .................... 820 Chic. & W e s te rn In d ia n a ................. 1084 Ctn. H am . A D a y to n (0 m o n th s )...1 038 C in cin n a ti Jackson A M a c k in a w .. 1137 C in cin n ati & M u skin gu m V a lle y .. 900 C le v e la n d A M a rie tt a ................ 25 D om in ion C oal Co. ( L t d . ) ............... M7 E le c tric S to m g e B a tte r y ................. 1038 E rie A P itts b u rg ............................. 2 ( i F lin t A P e r e M a rq u e tte ................. 819 G a lv e s to n H o u s to n A H en d e rs o n . *27 F t. W o r th A D e n v e r C it y ............... 1085 G e n e r a l E le c tr ic ................................ 770 G e o rg ia R R . A B k » ......................... *Js G raud R a p id s A In d ia n a ................. 775 In d ia n a p o lis A V in c e n n e s ............... *26 In te rn a tio n a l A G re a t N o r th e r n ... 1038 J a c k s o n v ille Tum pu A K e y W e s t. 1137 K an sas C ity A O m a h a ...................... 819 L a k e E rie A W e s te r n ................ 818, 820 L a k e S h ore & M ich ig a n S o u th ern . 804 Lam son Consol. 8 to re S e r v ic e C o .. 2 7 L o u is v ille A N a s h v ille ................ 71 M a h o n in g C oal R R .......................... 805 M ex ica n C e n tr a l................805,817, 823 M ich iga n C en tra l ......................... 805 M o n o n g a h e la R iv e r R R , ................. 807 ditures for betterments and additions, amounting to $288,067, the Driucipal items being: Ballasting 139 miles of tract, $57,055 ; new sidings, 7 miles, $34,308; seven locomotives and five passenger, etc., cars $91,736 ; spur, miles, $33,347. These expenditures were exceptionally large. It is estimated that they will be considerably less in 1896. The decrease of 3-88 per cent in passenger earnings resulted mainly from the prevalence of excursion rates. The decrease of 17-31 per cent in freight earnings resulted mainly from the shortage in the cotton crop, the comoany having carried but 430,034 bales against 643,013 bales in 1894. The exhaustion of the sandstone quarries at Ledbetter, which had furnished a large amount of stone for the jetties at G ilv e s o i, and the abandonment of paving contracts in Houston, largely de creased the tonnage of stone, granite and gravel. A supirior sandstone has been found at Miliican, and large siipnaents of sandstone have been contracted for. The cotton crop of the State was exceptionally large in 18)4, wh le that of 1895 was considerably below the average, being only about 3,059,090 bales, against 3,375,958 bales in 1894. Tbe total freight carried decreased 7-49 per cent, ton miles 4-78 per cent and earnings 17-31 per cent. Ot the 1.068,483 revenue tonnage tor the year 308.289 tons were products o f agrioulture, o f which 126,323 cotton, 89,116 grain and flour and 57,321 cotton seed. Live stook and animal products con tributed 84,n20 tons, stone sand and like articles 206,529 tons, bitu minous coal 42,197 and hunher and forest products 198,718. The av erage number of tons carried per freight train was 149-65. Outlook — Vhe large decrease in the cotton crop, one of the staple products of the S a"e of Tex is, will naturally be re 12.158 flected in tbe diminished earnings of th= company, particu ........... larly in the earlier months of the year, and until there is some .......... certainty as to the current year’s crops. 21,053 Maintenance.—As to maintenance, etc., the report says : Interest Ciurges aud Surplus. -T h e following Street railways, 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. 8,333 3,648 16,280 Yol. 63. R a i l r o a d a n d M i s c e l . C o ’ s (Con.) Volumes 6 2 a n d 63— Page. N e w E n g la n d T e l. & T e l ................... 906 N. Y. C h icago A St. L o u is ................. 860 N o r fo lk A W e s t e r n ............................ 905 N o r th A m e r ic a n C o......................... 1136 O h io R i v e r . . ........................................ 946 O regon Im p r o v e m e n t C o .................. 1084 O r e g o n S h o rt L in e & U ta h N o r t h ’n 819 P a c ific M a il S te a m s h ip ............. 986, 7 4 P e n n s y lv a n ia C o m p a n y ................... 7 3 P e n n s y lv a n ia S t e e l........................... 776 P h ila d e lp h ia G a s C o.......................... 947 P itts b u rg F t. W a y n e A C h ic a g o .. .1175 P itts b u r g Y o u n g s to w n A A s h . ... 2 6 P . L o r illla r d C o ................................... 2 7 St. Joseph A G ran d Is la n d .............. 819 S ou thern P a c ific C o ............... 1083,1084 S ou th ern P a c ific o f C a lifo r n ia . ... 2 5 T e r r e H a u t e A I n d ia n a p o lis .......... 2 6 I T e r r e H a u te A P e o r ia ...................... 2 7 T e r r e H a u te A L o g a n s p o r t ............ 6 4 ‘ T o le d o P e o r ia A W e s t e r n ............... 2 6 U nion P a c ific ...................................... 8 1 8 | U n ite d S ta te s R u b b er C o................. 947 W c lsb a ch C o m m ercia l C o .............. 1137 W ilm in g to n A N o r th e r n ................. 867 W is c o n s in C e n tra l C o....................... 7 4 As regards the cost of maintenance of way and structures the decrease o f 34-45 per cent resulted entirely from the large expen ditures in 1894. The cost per mile of main track and siding on this account in 1895 was *740. The physical condition o f the roadway, bridges and structures has heen fully maintained. There were used in repairs and renewals during the year new steel rails (G i lbs, per yard) 3 63 miles; cross-ties (burnetized) 2 )5,321; oross-ties (untreated) 16,097; percentage of renewal o f total number in track, 12-40. Equipment.—Although the expenses for the year included the cost of two new 1 'x'24 eight-w heel passenger locomotives, two new pas senger ears and 25 refrigerator cars, the expenses are less than those for 1894 by 23-10 per cent, mainly beoause of the large amount of work done both ou locomotives and ctrs in 1891. The company owns 104 locomotives, 80 passenger oars of all kinds, 2,345 freight cars and 25 road-service cars Physical Condition.— The condition of track and bridg a Dec. 31, 1895, was as follows : Main line and branches, 62 lb. steel rails, 6 1m iles; 56 lb. steel, 24 4j 54 1b. steel. 140; 52 lb. steel, 2. Bridges: iron spans on masonry, 5,574 lineal feet, or 9o-28 per cent of all. Tim ber trestles, creosoted timber and gravel deck, 5,190 lineal feet; creosoted substructure, creosoted caps and untreated two stringers, l ,120 fe e t; untreated two stringers, 5,z67; untreated three stringers, 19,587. Bnrnetized oross ties in track (No.), 1,214,56J, or 70-70 per cent of the whole; main line ballasted, 283-6 > miles, or 62-65 per cent; branch line ballasted, 70 miles or 15-44 percent. The property is in excellent physical condition and w e ll equipped. Since April 11,1893, there has been expended for betterments and additions *564,639 in addition to current renewals. Land Sales.—Redemption o f Bonds.— W ith the proceeds from land sales there have been purchased and canceled to Dec. 31, 1895: First mortgage 5 per cent bonds, *683,000; consol. 6 per cent, *464,000; general mortgage 4 per cent, *8.000; total, *1,155,000. There were purchased and canceled during the year *22,000 first mortgage 5s; *29,000, face value, oonsol. 6s, and *2,000 general mortgage is. The lands covered by the above trust indenture remaining unsold at the close of the year i 895 consisted for first mortgage o f 2,292,925 acres; consolidated mortgage. 1,329,554 acres;; general mortgage, 15,017 acres. Deferred payments on lands sold Dee. 31,1895, w e r e : For first, mortgage, |*249,663; consolidated mortgage, *143,945; general mortgage, *2,028 ; total, *395,636. S t a t is t ic s . —Earnings, expenses, charge s, etc., have been as follows: E A R N IN G S A N D E X PE N S E S . 1895. Miles o f road..................... Earnings— * Passenger........................... Freight............................... ......... 2,401,007 Mail, express, rents, & c... _____ 276,074 1894. 458 $ 740,386 2,900,356 189,982 1893. 453 * 778,145 2,720,729 163,258 T otal............................ ......... 3,388,715 Expenses Maintenance of w a y , &c . Maintenance of equipment ... ... 272,726 Conducting transportation ......... 1,171,145 G eneral..--........................ 3,839,724 3,662,132 634,871 351,652 1,184,920 219,925 606,722 352,995 1,198,103 233,598 2,394,368 1,436,358 2,391,418 1,270,714 T otal................... ......... Net earnings..................... ......... 1,312,010 INCOME ACCOUNT. Net earnings...................... St r e e t R a i l w a y s . A lle n to w n A L . V . T r a c t io n ............ 906 A t la n t a C on sol. S t. R y .................... 2 7 L o u is v ille R a ilw a y ........................... 411 M e tro p o lita n St. R y ., K a n sa s C ity . 2 7 ; M ilw a u k e e E le c . R y . A L ig h t ....... 1038 1 N o rth H u d son C o u n ty .................... i l l S a cra m en to E le c tr ic P o w . A L g t„. 411 T w in C ity R a p id T r a n s it ................. 500 Houston & Texas Central Railroad Co. fReport for the year ending Dec. 31, 1895.) L X lIi, .......... a Net earnings here given are after deducting taxes, b Net oaruitfea here given are before deducting taxes. * Includes Lake Roland Elevated Railroad. . . . . f Net earnings are after deducting taxes, fire and accident msur an t o. Roads. Denver Con.Trauiw. .May Jan. 1 to May 3 1 .... London 8t.Ry.(Can.).Apr. Loraiu Street R y.(0.)M ay Jan. 1 to May 3 1 .... Schuylkill Truotioo..Jnne Jan. 1 to June 30 ... Scranton & Carb. Tract.— July l to Apr. 30.... Waterbury Tract. Oo..May Jan. 1 to May 3 1 .... [V O L. 1895. * 9.212 1894. * 1,436,356 T otal............................................................... 1,321,222 Deduct— Interest on b o n d s .............................................. 807,465 T axes................... ............................................. 8 i ,833 Betterments aud additions................................. 288,067 M iscellaneous............. 21,291 1,436,356 Total ............................................................ 1,198,656 Balance, surplus...... .......................................... 122,566 1,017,869 418,487 810,975 65,284 138,414 3,196 R E C E IP T S A N D E X P E N D IT U R E S O N C A P IT A L A C C O U N T . Expenditures. Receipts. The remarks of President Thomas M. Hubbard, supplemented Expend, to Dec.31, ’94.$29,429,948 Common shares......... $10,000,000 Expend, during 1895. 83,849 Bonds (s e e S U P P L E M ’ T ) 17,464,420 by facts from the tallies of the report are as follows': Bal. to gen. bai, sheet. 2,049,377 General Results.—The surplus for the year from operations of the road was $403,034, against which were charged expen T o t a l................... $29,513,797 T o t a l....................$29,513,797 Ju ly THE CHRONICLE. 18, 1896.] R G E N E R A L B A L A N C E SH E E T. DEC. 3 1 , 1 8 9 5 . E a r n in g s : a n d M i s c e l . C o ’ s (O o n .) V o lu m e s 6 2 a n d 6 3 — P a g e. & U .N .in s ta lm 't due. 1088 a il r o a d Oreg. Sh. L in e Bat. from capital aeot. .$2/ 49,377 Cash............................ 4U3.068 Six p. c. deb. b o n d s ___ 28,825 Ageutsand conductors. 53,747 Bills receivable ........... 25,155 TJ. 8. Gov’ t transport’ll. 19,169 Material,fuel &oth.sop. 229,247 Traffic balances.......... 7,655 Individuals and cos ... 316.758 Ft. Worth & S.O. Kv.Co. 43,328 Southern Pacific Co ... 432,012 Unadjusted accounts.. 9,536 B a la n c e n e t r e v e n u e . ..$ 2 ,4 3 7 ,5 0 6 V o u e h e r s a n d p a y r o lls . 3 6 7 ,5 6 8 C o u p s d u e . n o t p r e s e u t 'd 1 0 ,8 4 0 C ou p s, d u e J a u . 1 .1 8 9 6 1 8 4 ,5 2 5 lu t. a c c ru e d to D eo. 31, 1 8 9 5 , n o t d u e .............. 1 0 9 ,5 6 0 T r a f f i o b a l a n c e s ............... 2 5 ,9 3 0 In d iv id u a ls a n d o o s . . . 1 4 ,7 1 7 D e p o s i t o r s .......................... 1 5 7 ,8 6 8 A u s t i n S .W . R R . C o . . . 1 3 1 ,8 7 9 C e n t.T e J C .A N . W . R v . C o . 4 6 .3 3 1 Renewal f u n d s ................ 5 1 ,0 0 0 U n a d ju s t e d a c c o u n t s . . 2 5 ,1 5 3 T o ta l...................... $3,615,880 —V. 62, p. 457. T o t a l ..................... $3,615,880 The H. I). Claflin Company. (fb r the half-year ending June 30, 1896.) 115 R a i l r o a d a n d M i s c e l . G o ’ s (O o n .) V o lu m e 6 2 a n d 6 3 — Page. S e a ttle L a k e Sh. A E a s t. reorg. 785, 870 D o d o .soW.950,1088; new cos. 7 6 S u m m it Branch R R ........com.1088,1140 Susq. A T id e W . C anal............. sold. 3 1 T e r r e H a u t e A L o g a n s p o r t ___ def. 3 1 Do do do committee. 7£$ T e x a s S a b in e V . A N o . W .......sale.1179 T o le d o St. L . A K.C.rcor0.1179, 3 1 . 7 6 U n io n E le v a to r ( S t L o u is ). . reevrs. 1042 U n io n P a c ific .. coup. 871, 910,1098, 3 1 U n ite d S ta tes C o r d a g e .. forecl..8Z8, 989 W h ite b r e a s t F u e l................... coup. 1140 do do rrorfl. 1140, 3 0 U ta h & y o . . . equip, bonds & coups. 910 P e o o s V a lle y .............................. reorg, 1088 P e o r ia D ec. A E v . .forecLlOH ; coup. 1140 P h ila . & R e a d .................. /oreci. 1041,1178 Do do ......................... c o u p .ll? 8 P itts b u r g M a rio n A Chicago.reo/y.1173 P itts b u r g A W e s t e r n .d f. 820, com. 822 P o r t R o y a l A A u g . . .sale.950; reorg. 1140 P o r t R o y a l A W e s t. Carolina.reorg. 1140 Q u in cy O m . A K .C .. .agreement.832,1177 R u tla n d ..................................... coup. 3 0 St r e e t R a il w a y s . S L J o sep h A G r. I s l ’d .p la n .784,870, 950 Do do ......................sale. 7 6 C hic. A S. S id e R . T.reorg.117; sale. 2 9 St. L . A v o y e lle s A So. W ...... reevr. 117u C in cin n a ti In c lin e d P la n e .......com.1040 St. L . K e r m e tt A S o u th . reeci f. 114<), 1179 H u d s o n E le c tr ic R y ..........recur. 1139 St. L . A San F .. .plan, 804. 822, 829.1042 L a k e St. E le v a te d (C h ic a g o ).coups. 949 Do d o reevrship. 870; coup.1140 L a n c a s te r (P a . ) St. R y ......... coupon 990 Do d o ............................. sale. 11 <9 N a s h v ille T r a c t io n — .......... reorg. 990 S t.L . Salem A A r k . settl, 1140; sold. 3 0 S e a ttle C ity R y .....................................sale950 San A n t o n io A G u lf S h o r e — *old. 7 6 i S yra cu se S tr e e t R o a d s ............ reorg. 150 Sand. M an s. A N e w ......................def. 3 0 1U n io n St. R y . (D o v e r . N . H .). .sale. 1140 S ea b oa rd R y ............................... reevr. 7 6 j American B ell Telephone .—Sale o f Stock.— At Boston, This industrial corporation makes its report for the first half June 11, were sold at auction, at 203^, 4,253 shares of stock, of 1896. Mr. John Claflin, the President, remarks : the balance of the recent issue of new shares not taken by " F a ilin g prices h ave m ade thifl season e x tr e m e ly u n s a t i s f a c t o r y stockholders.—V. 62, p. 1176. O a r net profits fo r the s ix months are but $158,114 63, a g a i n s t $254,696 97 fo r the corresponding period in 1895. A f t e r p a y i n g a l l dividends, w e reduce our surplus this season alm ost a s m u c h a s w e I n creased it in. the preced ing .aix months, le a v in g it o n J u n e 30 a t $277,005 79, against $273,614 72 a y ea r a g o .M a n u fa c t u r e r s a r e now cu rta ilin g production, and this f a c t gives some assurance o f s t e a d y prices du ring the autumn d esp ite the im pending e le ctio n .” The report shows that the earnings on the common stock for the t-pnng of 1896 were only *41 of 1 per cent, as against 5 67 per cent in the fall of 1895. BJLRXIXGS FO R S IX W ORTHS E R D IN G J U N E 3 0 . Net earnings after paying all taxes. AAlarIc-* and expanse* o f every 1896. $ 1895. $ 1894. $ loteteat on Drat and aeoond p ref.... 158,114 142,125 254,697 142,126 242,878 142,126 Remainder for common stock......... T w o quar. dividends (1 1* p. c. each 1S.9S9 114,873 112,571 114,873 100,752 114.873 Balance............................................ def.98.884 Surplus reserve carried forward___ 376.889 Burp, reserve for com.atoek Ju n e30 277,005 def. 2,302 def. 14,121 275,916 301,601 273.814 287,480 B A L A H C R 8 IIE B T J U R E 3 0 . 1896. $ C M )........................................... 1.209,943 Cash dlva.pd. onaccl. o f spring prof. B ills r e c e i v a b l e ......................................... 152,186 1 ,2 4 6 .0 1 2 Op**n accounts receivable............... 4,66\028 Merchandise.. .................. 5,448,927 fetor* properly.................................. 2,739.181 S ta b le .............................................. 27,197 Horse*, trucks, wagons, etc............ 14,622 1 *9 5 . 1894. 6 $ 1,209,035 1 ,6 3 7 ,7 9 0 152.»86 152,187 1,166,390 1,621.352 3 ,9 6 1 .9 9 1 5,309,572 2,739.131 57,197 14,622 2 ,7 0 1 ,3 7 4 5.001,733 2,739,182 27,197 14,622 T o ta l........................................... 15,402,693 14,640,177 13,955.437 Liabilities. Capital.............................................. 9.000,000 9.000,060 9,000,000 Open account* payable..................... 5,601.114 4,525,427 3,969,228 Foreign exchanire and loan account. 267,579 584,136 441,730 Surplus reaer* e ........ ........................ 375,8-<9 275,916 301,601 P rofiu on spring Lu-sloeea................ 158,114 254,696 242,*78 American Spirits Manufacturing.—Listing .—On the New York Stock Exchange have been listed the company’s $3,000,000 first mortgage 6 *, $7,000,000 five per cent non-cumulative preferred stock and $28,000,000 common stock. ‘‘ Thepreferred stock is limited in preference over the common stock to the 5 per cent dividend.” —V . 63, p. 23. American Type Fonnders .—Exchange o f Stock-—The re adjustment committee announces that holders of Mercantile Trust Co.’s certificates of deposit can now obtain their new stock. Preferred stockholders will receive 75 percent of their holdings in new stock and common stock depositors will re ceive 15 per cent of their holdings in new stock, all of one class. The total capitalization has been reduced from 19,000,000 to $3,750,000.— V. 62, p. 682. American Water Works (Omaha).—Reneiied Litigation .— A t Omaha. Neb., July 13, City Attorney Connell filed in the United States Court an amended and supplementary petition in the case of the city against the American Water Works Co. asking for a hearing of the case filed at the time of the fore closure sale. The Court set next Monday, July 20, for the hearing of the amended petition. The suit asks for a restraining order against the delivery of the deed, Mr. Connell maintaining that forfeiture of all the franchises and rights granted by the city has occtired. This is a continuation o f the old contest.—V. 63, p. 75. Augusta (G a .) By — lu zasta Ry. & Electric— Reorganized Company.—The Augusta Ry. & Electric Co. has been organized according to the plan mentioned in our Street Railway Supplement and has absorbed the Augusta Ry., recently sold in foreclosure, and also the Augusta Electric Light and ThomsonHonston companies. The new corporation has issued $600,000 capita! stock, also $500,000 of 20-year 5 per cent gold bonds (interest J. & J.), of which $52,000 will be left in the treasury. The bonds of the old companies now retired aggre gated $780,000 and the stocks $500,000.— V. 62, p. 907. Bloemsburg & Sullivan RR.— Overdue Coupons.— The coupons due July 1,1896, were not*paid at maturity. We are informed the road was obliged to spend about $1 0 ,0 0 0 last spring on renewals and betterments, so that it did not have the monev in haud to pay the coupon; and rather than create a floating debt it was decided by some of the large GENERAL INVESTMENT NEWS holders of the bonds that it would be better not to pay the July interes". The default, however, it is thought will be Reorganizations Elc.— Latent Data an to Defaults. Re only temporary. The property is just about earning its inter organization Plann, Payment o f Overdue Coupons, Etc.— est. and no advantage, it is bslieved, would be gained by any All facts of this nature appearing since the publication of the action against the company on account of the default. last f a s t i * * of the I j i v k s t o b s ’ and S t r e e t R a i l w a y S u p p l e - I Brooklyn W harf & lVarehonse,— Robinson Stores. Pur m e n t s may be remdily found by means of tie* following i n d e x . < This index do**a not include matter in to day's C h r o n i c l e . chased by Mr. McIntyre.—The Robinson’s stores, covering five acres o f land at Baltic, Warren and Congress streets, Brook Number* in h'ack-face type refer to Volume 03. O f For some minor companion see atno index in C h r o n i c l e |lyn, facing Buttermilk Channel, were sold at auction last Sat urday for $1,450,000. with $59,000 additional for lease privileges o f May 16, p. 907 : June 6 , p. 1039, and June &?, p. 1176. of adjoining property. The purchaser was Thomas A. McIn R a i l r o a d s a r d M l s c b l . G o ’ s. R a i l r o a d a n d M i s c e l . G o ’s (C o n .) tyre, who is supposed to have bought the property in the inV o lu m e 8 2 a n d 8 3 — Page. V o lu m e s 6 2 a n d 6 3 . — Page. A k r> < n A C h ic . J u n e . B A U . l . c o u p . W O terest of the Brooklyn W harf & Warehouse Company, of B o o s t . E. A W .r T c x ..r < a 4 B a f n u n l l w O A m . W a t e r W o r k * f O m a h a ) . . . pinn. H a d e e m T u n n e l R j r ................... reorg.1177 which he was the pro moter.— V. 82, p. 547. Do < lo . op p o*i P m . 2 S . 7 5 J a c k s o n v . L o u l a v . k S t . L --------- sofcLlOH T T o t a l ............... ........................ 15,402,698 11.640,17713,955.437 —V. 02, p. 136. A l l a n ? i r 8 h « * r t L i n e ............sal*. 75 Do do ......... reorg. 8 6 9 A t l a s T a c k C o ....................... .... . . e o m . l l T U i Do do ......... p la n . 3 0 B a l t i m o r e B e l t ( I t . A O . ) ..........c o u p . SUO ! J a c k s o n v i l l e T a m p a A K W . . .talc b i l B a l t i m o r e A N . V . f B . A 0 .1 .cou p . S2<> K a n . C l t y A O m a l m . r # o r ^ . 10 87 ; »o '(L 7 6 B a l t % O h i o ............... reorg. 7 7 7 ; com . U e i K e n t u c k y A I n d B r i d g e ........ o m p .1 0 6 7 Do ......... r « r * . c t 9N 7, 1 0 3 9 I L i t t l e K o o k A M e m p h i s ................ta lc 909 Do ........ c o u p . 8 2 a m 7, ic e d , L o u ls v . K v a n a v . A 9t. L . . . . c o u p . 1177 L o u l a v . S t. L . k T e x . o i l l . W l r , rcm qA O W C a l i f o r n i a .% N e v a d a ............... f o n -d . 2 9 I M a r i e t t a A N . G e o r g i a .......F i l e . 8 2 1 , H09 Do do net*? pla n 1 P 4 0 , iO H d C a p * * F e a r A V a i l . . M e tie r'* re p o r t. 7 •> t ’e o a r F a l l * A M i n n e s o t a ........ • o M . l ' W * Do do ................. r te v r . 3 0 C e n t r a l B r U n i o n P a c i f i c ___ renrg. m o h M e m p h i s A 0 f i M l S S . s f a n . 8 2 i . 8 fiO. 10 11 C e n t r a ) V e r m o n t . . .rearg.90H, 9 * 7 . 11 3S j Do do ...........» v o r » j.7 7 U , 919 D o ............ . . . c o u p . i H I Du do ...... lortcX. ;J0 C h a t t a n o 'M r m S o u t h e r n . ..r to r p . lo:s*> ( M e x i c a n N a t l . I I j r ____ r o id ju c t. 99 0. I l d 9 C h e r * * r A C h e s t e r , jtoui. 1 U FH '< 0 * 1 .1 1 7 7 [ M i n n e s o t a A W i s c o n s i n . . s a le .I d 1, 3 0 N e w ’ k H o r o 't A S t r « l t * v . ( B . A O . ) d c / . 820 C b e * . O h i o A r V t u t h w e a t cou p ^ M . U 7 f l Do do JorecLVM 8 . 1 0 - 4 ; N e w O r l e a n s A { S o u t h e r n ......... s a l e . 3 0 C h i c a g o A N o r t h e r n P a c i f i c . . a a / r . 11 73 ! N o r f . A W e - I .dev * iU i l l : decree. 7 0 C h i c a g o k W m t M i c h i g a n ____ c m p . 7 7 8 , N o r f o l k A W e s t e r n ........... c o u p s . vftO N o . P a c i f i c ...... f o r i d . 8 2 2 .9 9 0 : c o a p .1 1 7 8 ( S l a v e . C a n t o n k B o m h e r n . . .force!. 7 5 do do re a m . 7 7 9 . 8 7 0 , 1 0 * 1 , 1 0 8 8 C l o v e . T e r m . A v a l . f B . .4 O .) .coup. C o lo r a d o C o a l A I r o a D e n i . n e r r . *2 9 D a l. A M a n it o b a .w fH e m m f.U a O , U T S C o l o r a d o M i d )a n > I .. ............ co u p . *2 W N o . P a n . A M a n l t o . l l j s e ttle m e n t 8 7 0 G -I a m b u s k O n . M id la n d .def 2 1 J a m e s R t v a r V a lle y ........ rro rg . 9 * 9 O d n n . h u * k H o r n . f \ a L C o m .1 0 S 7 .1 1 7 S i S p o k . A I ' t l o a M . . H f i k m m t W O , 1041 Do do .......... c o u p , - i n H e l e n a A B e d M t . ........s r f t l e m e n M O S S O g d e n s b . A L C h a m . c / > i * p . 8 d 8 . 9 1 8 , 1**41 C o l u m b u s 3 a n d . A H o r k _____ coupe. 910 * < m m i t t e c ............................................ 7 0 D is tillin g A C a ttle F eed new ceru r . 'JH D u lu th A W in n ip e g , m l* *21. 908. 10-7 t O h i o S o n t b a r n . . A t / a u t f J O U : r e a r s . 1110 O r e g . I m p .p t e n .9 9 0 . 1 0 4 1 .1 0 8 1 . 1 0 8 8 . 1 1 7 8 F t . W o r t h A D e n v e r C l t j. p ln n m o-l. 7 5 G r a n d R a p i d * A I n d i a n a ............s o l d i * *17 | Do do op p o s itio n to p la n l l l O G r e e n B a y W i n o n a k B , V .r*twe. 821 ' O r e g o n R y . A N a v ..................— told. 7 0 Do do ..e o ld .9 0 i.V U 9 O . e g o n S h o r t L i n e A U . N . c e u p . 7 7 9 , 8 7 0 1138. 11"*. -JS Buffalo Rochester k P ittsbu rg Ry.—Jefferson & ClearHeld Coal & Iron Co.— New Company and Bonds.—As stated in the Chronicle of May 16, Dage 908, the coal and other properties of the Bell, Lewis & Yates Coal Mining Co. recently passed under the oontrol of the Buffalo Rochester & Pittsburg Coal & Iron Co. To own the properties so ac quired there has been organized under the laws of the State of Pennsylvania a new company entitled the J-fferson & Clearfield C >al & Iron Co., capitalized as follows : First mort gage 5 per cent gold bonds, $2,000,000 ; second mortgage 5 per cent 30 year gold bonds, $1,000,000: 5 percent preferred stock, $1,500,000; common stock, $1,500,000. The bonds are dated June 15, 1898: interest payable 1st of June and 1st of Decem ber; principal due June 1, 1926. The property mortgaged consists of about 7,800 acres lands in fee and coal rights and 4,000 acres of leasehold lands. The estimated amount of coal in the vein at present being worked is 62,600,000 tons. In the lower bed which underlies the en tire property it is estimated that there is a further amount of 42,700,000 tons of coal. The present capacity of the mines is about 1 0 ,0 0 0 tons per day, but the greatest amount so far shipped in one year was 1,541,000 tons. 116 THE CHRONICLE. The trust* o for the first mortgage is the Guaranty Trust Company of New York; for the second mortgage, the United States Mortgage & Trust Co. The company is to set aside a sinking fund equal to 3 cents for each ton of coal mined, and to pay the amount to the trustee semi annually, the payments not to be less than $50,000 per annum. The trustee shall ad vertise at least orce a year for bonds for the sinking fund, and if they are not offered at less than 105 and accrued inter est shall draw them by lot at that figure. Any bonds pur chased or drawn for the sinking fund are to be held uncancelrd by the trustee, and the interest on them collected and invested for the sinking fund. It is estimated ihat with a minimum sinking fund of $50,000 per year and accumula tions, the first mortgage bonds will be retired in twenty three years and the second mortgage bonds in twenty-eight years and six months. As further si curily for the bonds there is pledged with the Guaraniv Truet Company of New York, Reynolds ville & Falls Creek K. R Co. first ’m ortgage G per cent bonds $170,000, and $170,000 stock, being the total capital and securities of that company. The Reynoldsville & Falls Creek RR. Co. ow n s ah. ut 28 miles of track connecting the mines at Falls Creek with the following railroads; Buffalo Rochester & Pittsburg Railway, Pennsylvania Railroad, Erie Railroad, Western N. w York & Pennsylvania Railroad. The $1,500,000 common stock of the company is owned by the Re Chester & Pittsburg Coal & Iron Company, which places the control of the c utput from the Jefferson & Clearfield Coal & Iron Co.'s property with the Buffalo Rochester & Pittsburg Railway Company.—Y . 6 8 , p. 29. Canadian Pacific Ry. —Sale o f £600,000 Debenture Stock — Sulscriptions were opened in London July 7 for an issue of £500,000 sterling 4 per cent debenture stock at £110 10s. per cent. The stock is created to acquire a similar amount of Minneapolis & Pacific Ry. Co.’s 5 per cent first mortgage bonds, tbe interest on which has hitherto been paid by the Canadian Pacific'. Consequently the issue will effect a mate rial saving in the fixed charges of the company. This issue of debenture stock is in every respect similar to and ranks pari passu with the 4 per cent debenture stock already issued.—V. 62, p. 871. Central Pacific It R.—Listing .—The New York S'.ock Ex change has listed the $3,333,000Central Pacific first mortgage series B, C and D bonds, extended till Jan. 1, 1898 (of which $568,000 on special list as “ Government stamped” ) —see ex planation in V. 62, p. 1086, 1096. Central Ry. o f New Brunswick.—First Mortgage Bonds at Auction.—At St. John, New Brunswick, on Aug. 18, will be sold at auction all the outstanding first mortgage bonds ($680,000) of this road and two-thirds of its capital stock. The road ir 75 miles in length, the northern division extending from Chipman to Norton on the Intercolonial Ry., 45 miles, and the southern division (operation discontinusd during the winter) from Hampton to Quaco Beach. For tbe year 1894-95 the gross earnings were $13,213. C. Ford Stevens, Bullitt Building, Philadelphia, has been President. Chicago & South Side Rapid Transit. —Foreclosure Sale Set fo r Sept. 16.—The foreclosure sale will take pi ice Sept 16 in Chicago.—V . 63, p. 29. Cincinnati Southern Ry.— Proposition to Purchase.—The City of Cincinnati sinking fund trustees have given formal no tice to the Mayor of their approval of the offer of A. B. An drews and Henry A. Taylor, representing the Southern Rail way Co. and tbe Cincinnati Hamilton & Dayton to purchase the Cincinnati Soul hern Ry. They say the sale would mean a re duction in the city tax rate on tbe present valuation from $28'14 to $26'24, The terms of the proposed purchase were given fully in the C hronicle of June 20,1896, page 1139, but it should be noted that the mortgage for $19,000,000 which the pur chasers would give will mature Oct. 1, 1996.— V. 62, p. 1139. Citizens’ Street R y .—Indianapolis—Suit Brought —The mir ority stockolders, acting as proposed in their recent cir cular (V. 62, p. 1176), have filed suit in tbe Federal Court at Indianapolis for the appointment of a receiver, charging con spiracy to defraud the company by speculation and also ir regularity in the ieeue of $5,000,000 capital stock. It is demanded that the Solicitors’ Loan & Trust Co. Of Pennsyl vania. trustee under the mortgage of 1893, being insolvent, shall be removed.—V. 82, p. 1176. Columbus Hocking V alley & Toledo UR.—floating Debt Paid.—New Parties Interested.—The company has paid off its floating debt by the sale of a“ block of treasury securi ties. The details are withheld. It is understood that a large interest in the company’s stock has recen Iv been acquired by a leading banking house which is likely to become identified with the management of the property.—V. 62, p. 724. Columbus Sandnsky & Hocking Ry.—Neat President.— At Columbus, O., July 11, the directors accepted the resignation of N. Monearrat as President and elected W. E. Guerin to his place,—V. 62, p. 949. Detroit Kailway— Detroit Citizens Street Ry.—Negotia tions.—\ unilic ition of the stocks of these companies is pro posed. Negotialions are pending for the transfer of a con trolling interest in the Det oit Railway to R. T. Wilson in the interest of the Detroit Citizens Street Railway Co.—V. 62 p. 778. Hal Teuton La Porte & Houston Ry.— Formally Opened.__ The road celebrated its formal opening July 1 1 .— V , 62, p. 908. [ v o l . l x i i i . Joint Traffic Association.—Appeal by United States.— By order of the Attorney-General, United States District Attor ney Macfarlane has taken an appeal to the United States Circuit Court o f Appeals in the case of the United States against the Joint Traffic Association. See decision V. 62, p. 988. Kentucky & Indiana B ridge— Coupon Payment.—The cou pons due March 11 on the $2,000,000 first mortgage bonds are being paid. Earnings.— For the month of May, 1896, the receivers re port the earnings as follows : K. & I. bi id tie proper gross earrings, $8,037; net earnings, $4,784; Louisville Belt Line, gross. $4,519; net earnings, $2,786; New Albany Belt & Terminal, gross, $1,842 ; net, $381 ; eleotrio passenger service, gross, 44,375; not, $1,156; highway, gross, $1,357; net, $1,013; N ew Albany ferry, gross, $170; deficit, 153. Grand results: Earnings, $20,899; expenses, $10,434 ; total net, $10,466.—V. 62, p. 1087. Manhattan Elevated R y.-Proposition to Build Trolley Roads. —The company, by its President, George J. Gould, on Tuesday made a proposition to the Rapid Transit Commis sion to build trolley surface lines in the Twenty-third and Twenty-fourth wards, these surface lines to be replaced by an elevated structure when traffic shall justify its construction, The proposiiion is conditional on waiver of damages by property owners along the new lines.—V . 62, p. 1177. Massachusetts P ip e L in e.— Company Organized.—A t Bos ton, July 15, this company organized with the following officers : President, Henry M. Whitney ; Treasurer, Freder ick Tudor, Jr.; directors. Henry M. W hitney, Albert N. Parlin, Henry F. Dimock, Frederick S. Pearson, George B M, Harvey, James Phillips, Jr., and George H. Towle, clerk. It was voted to call in 15 per cent of the company’s capital stock of $ ,000.000. The subscription books will remain open thirty days from last Wednesday. Plans are in preoaratiou for the building of sixty ovens, th e H alifax plant is reported nearly finisheel.—V. 62, p. 1139, Mexican N ational R R .—Deposits Under Plan.—The Bond holders’ Committee invites second mortgage “ A ” and ‘ B ” bondholders and “ Matheson ” certificate holders to deposit their bonds and certificates with Matheson & Co., 3, Lombard Street, E. C.. in terms of the committee’s circular. See par ticulars of plan iu C h r o n i c l e of June 20, 1896, page 1139. New Vnrk & Harlem R R .— M etropolitan S trest Ry.— Lease Ratified.—Tbe proposed lease of the Fourth Avenue sur face line to the Metropolitan Street Ry. was duly ratified Wednesday by the stockholders of both companies.—See V „ 62, p. 1088; V. 63, p. 76. Northern Pacific R R .— Suit o f Preferred Stock. On Wednesday Sidney H. Salomon, on behalf of himself and other owners of stock, brought suit in the United States Cir cuit Court in this city asking that tbe holders of the preferred stock of the company be declared to have a firs; lien upon the company’s lands east of the Missouri River, in Minnesota and North Dakota, and entitled to have the proceed-t of said lauds applied to the retirement and cancellation of the preferred stock ; also that they be declared the owners of the consoli dated mortgage bonds of the company, of the par value o f $3,347,000, deposited with the Farmers’ Loan & Trust Com pany. In his complaint Mr. Salomon says that he owns 400 shares of the preferred and 2 ,0 0 0 shares of the c unmon stock. The reorganization managers attach no importance to the suit. As to suit to prevent foreclosure brought uy the reorganiza tion committee of the Seattle L ik e Shore, see that company below.— Y. 62, p. 1178. Northern Pacific Term in al—Listing. —This company has listed on the New York Stock Exchange $90,000 additional first 6 s, making $4,090,000 listed.—V. 60, p. 657. N orfolk & Western R R .— Lynchburg & Durham R R .— Ordered Sold.—Judge Simon ton, of the United States Circuit Court at Asheville, N. C , has signed a decree for the fore closure sale of the Lynchburg & Durham. The bonds of the road were allowed to participate in the Norfolk & Western reorganization.—See V . 62, p. 641. Oregon Ry. & N avigation— Foreclosure Sale o f Branch Line.— The Washington & Idaho RR. was s dd July 13 under foreclosure to the reorganization committee of the Oregon Railway & Navigation Co. for $1,615,740. The Oregon Ex tension Ry. was purchased by the committee at foreclosure sale July 10 for $571,298. This completes the purchase of all branch lines, and the plans of reorganization w ill now be rapidly completed and the receiver discharged.—V. 63, p. 76, Orfgon Short Line & Utah Northern Ry.— Fourth Instal ment Called.—Depositors of stock are notififd to make pay ment of the fourth and last instalment of $3 per share on or before August 8, 1896, at the Manhattan Trust Co., of New Ycrk, or the Old Colony Trust Co., of Boston.—V. 62. p. 30. P ittsbu rg Shenango & Lake E rie Ry —Contract Let.— The contract for the grading, masonry and trestle work of the new Butler & Pittsburg Railroad from the Allegheny River to Butler has been awarded to C. I. McDonald of Pittsburg at a price approximating $700,000. Operations will begin imme diately, and the contractor agrees to complete the work by Jan. 7, 1897 —V. 62, p. 1140, St. Lawrence & Adirondack Ry.— Mohawk & Malone Ry. —New Stock and Bonds —The stockholders of the St. Law rence & Adirondack will meet July 29 to increase the capital stock from $1,090,000 to $1,300,000. A 'l the old bo ids have been retired, leaving the new fifty-year first m~rtgage 03 for $800,000 and the new $400,000 second mortgage 6 s the only Ju ly 18, 1896.J THE CHRONICLE. b o n d s o n th e p ro p e rty . T n e m a d is a n e x t e n s i o n o f th e M o h a w k & M a lo n e (N e w Y o r k C e n tra l s y s te m ) rro m M ilo o e t o C a u g h n a w a g a n , 56 m i l e s , c o n n e c t i n g t h e r e w i t h th e C a n a d i a n P a c i f i c t o M o n t r e a l . — Y . 63, p . 1140. L17 CcrmmerctaT jin x e s. %hz COMMERCIAL EPITOME F ridat Night, July 17,1896. S t . L o u i s & S a n F r a n c i s c o R R .— Coupon Payment.— T h e M a y , 1896, c o u p o n o f t h e A , B a n d C b o n d s : J u l y , 1896, c o u p o n s o n th e g e n e r a l m o r t g a g e 5 p a r c e n t a n d 6 p e r c e n t b o n d s , a n d t h e A p r i l , 1896. c o u p o n s o n th e 5 p e r c e n t t r u s t b o n d s , w i l l a ll b e p a i d in a f e w d a y s . O ffic ia l a n n o u n c e m e n t w ill p ro b a b ly be m a d e M o n d a y . T h is p a y s u p a ll u n p a id c o u p o n s o f th e S t. L o u i s & S a n F r a n c is c o b o n d s n o t d is t u r b e d i n r e o r g a n i z a t i o n . — Sew York News Bureau.— V . 63, p . 76. The platform adopted by the Democratic Convention has been repudiated by many of the leaders and part of the press of that party. Still, business has continued in a demoralized condition, as the depression in financial circles in •consequence of fear of the possible success of the Free-Silver Party next fall has had a tendency to make merchants very conservative in their opera as a consequence they confine their purchases S e a t t l e C o n s o l i d a t e d S t r e e t R r . — Foreclosure Sale July 28. tions ; to immediate requirements, no disposition having been — i h e s a l e h a s b e e n p o s t p o n e d t i l l J u l y 2 8 .— V . 61, p. 1118, shown to anticipate wants, despite the fact that for many S e a t t le L a k e S h o re & E a s t e rn R R .— N o r t h e r n P a c ific commodities prices have been on a lower basis than ever be RR . — Judgment by Default.— T h e N o r t h e r n P a c i f i c r e c e i v fore known in the history of the various trades. Engage e r s a t S e a t t le , W a s h . , h a v e o b t a i n e d j u d g m e n t b y d e f a u l t ments of gold for shipment have also had an unfavorable a g a i n s t t h e o l d S e a t t le L a k e S h o r e & E a s t e r n f o r $1,253,690, effect. The condition of the growing spring-wheat crop has a l l e g e d to b e d u e o n a c c o u n t o f s e r v ic e s r e n d e r e d , m o n e y a d been lowered slightly by unfavorable weather conditions, but v a n c e d a n d lo s s e s i n c u r r e d in r u n n i n g t h e r o a d . T h e p r o p e r t y generally crop prospects have been favorable, pointing to w a s s o ld in f o r e c l o s u r e M a y 16, b u t t h e N o r t h e r n P a c i f i c in t e r large yields. e sts a r e s t ill c o n t e s t i n g t h e i r c la i m . T h e y h a v e a ls o , it is The demand for lard on the spot has been quiet, though at u n d e r s t o o d , d e c li n e d to a l l o w t h e 8 e a t t le & I n t e r n a t i o n a l , th e the close a limited amount of interest was shown by shippers, s u c c e s s o r t o th e W e s t e r n d i v i s i o n o f t h e L a k e S h o r e r o a d , to and a few small sales were made, but at easier prices, cl ising c o n t i n u e u s i n g t h e N o r t h e r n P a c i f i c f i e i g h t d e p o t a t S e a t t le . at 3 90c. for prime Western, 3'2oc. for prime City and 4 253. for O u t h e o t h e r h a n d , a t M i l w a u k e e , J u l y 10, t h e R e o r g a n i z i refined for the Continent. There has been no trading in the t io n C o m m i t r e ^ o f t h e S e a t t le L a k e S h o r e & E a s t e r n b r o u g h t local market for lard futures, but nominal quotations have s u i t in th e U o i t e d S l a t e s C o u r t , a t t a c k i n g t h e p r o p o s e d r e o r been again lowered in response to weaker advices from the g a n i z a t i o n a g r e e m e n t o f t h e N o r t h e r n P a c i f i c , a n d s e e k i n g to West, where prices have declined under heavy receipts of e o j o i n t h e s a l e o r d e r e d to t a k e p la c e J u l y 25, o n t h e g r o u n d swine and absence of speculative demand, closing easy. t h a t t h e g e n e r a l c r e d i t o r s a r e to b e s h u t o i it w h i l e t h e s t o c k h o l d e r s a r e a l l o w e d t o c o m e i n a n d p a r t i c i p a t e . — V . 63, p . 76; V . 63, p . 1178. T erre H a u te E le c t r ic R y . — Listing and Earnings — W h e n l i s t i n g th is w e e k $53,000 a d d i t i o n a l fir s t m o r t g a g e b o n d s ( m a k i n g $441,000 o n t h e S t o c k E x c h a n g e lis t ) t h e c o m ia n y r e p o r t e d e a r n i n g s f o r t h e y e a r e n d i n g A p r i l 30, 1896, a s o l l o w s : G r o s e , $ 1 5 3 ,4 8 7 ; n e t . $ 6 5 ,7 5 8 ; in t e r e s t o n b o n d s , $47,460 ; b a la n c e , s u r p lu s , $ 18 ,2 93.— V . 81, p . 1108. D A I L Y C LO S IN G P R IC E S O F L A R D F U T U R E S . September... # ....0* Sat. 405 Mon 4-02 Tuts. 402 Wed. 4 00 Ih u r. 3-95 Fn 3-58 The demand for pork has been moderately active, and prices have advanced, though closing at a reaction from top prices at $7 75@?8 25 for old m>ssand $9 50@58 75 for new do. Cut meats have had only a very limited call, but prices have held fairly steady, closing at 4^a5 c. for pickled billies, 12810 lbs. average, for pickl id sho llders and 9)£ @10c. for pickled hams. B *ef has been quiet and easier, clos T e r r e I l i n t e J t L i g a n s p o r t R R . — B o vltwhlers' Protective Committees.— A t t h e s u g g e s t i o n o f h o ld e r s o f a l a r g e n u m b e r ing at $ 6 5051$7 for mess, $7 $$3 for packet, $3@$9 for family and $ll®$13 for extra Iadia miss. Bsef hams have o f t h e b o n d s , th e N e w Y o r k S e c u r i t y & T r u s t C o . r e q u e s t s been unchanged at $14 50@15. A limited amount of business h o l d e r s to c o m m u n i c a t e w i t h t h e m w ith " t h e v i e w o f o o - o p e r a t ha* been transacted in tallow and the market has held i n g f o r t h e i r c o m m o n p r o t e c t io n . M r . L i s m a n 's n o t ic e to steady, closing at 3 a3 1-16% Oleo stearine has been quiet b o n d h o l d e r s w a s m e n t i o n e d la s t w e e k . but fairly steady at iv^c. Lard stearine has been dull and A t a m e e t i n g in P h i l a d e l p h i a , a t w h i c h , it is s t a t e d , a m a nominal‘ at 41 j'<>t:’^c. Cotton seed oil has been dull and j o r ! y o f t h e b o n d s w a s r e p r e s e n t e d , a c o m m i t t e e c o n s is t in g easier, closing at 2 0 c. for prime crude and 2 1 c. for prime sum o f R . D a l e B e n s o n , ^ C h a r le s P l a t t , R i c h a r d S . B r o c k , H a r r y mer yellow. Butter hag been in fair demand for choice stock F . W e s t a n d A u g u s t u s T h o m a s w a s a p p o i n t e d to p r o t e c t th e and steady at 11!* 3)15o for creimery. Cheese has been in t e r e s t s o f t h e b o n d h o l d e r s . — V . 62, p . 78. U n i o n D e p o t C o . o f C o h i m b n s , 1 0 .— Mortgage Executed.— quiet but steady at 51£'<J7c. for State factory full cream. FresheggB have advanced, but the close waseasy at 12)^'@l3c. T h i s c o m p a n y , in w h i c h t h e P e n n s y l v a n i a U R . is l a r g e l y for choice Western. in t e r e s t e d , h a s m a d e a 3 0 - y e a r p e r c e n t $800,000 m o r t g a g e The demand for coffee of Brazil growth has been moderate, to th e F a r m e r s ' L o a n & T ru s t C o . and as offerings from prim il markets have been fairly free and U n io n P a c ific R R . —Coupon Payment.—The f o l l o w i n g at lower prices, values have weakened slightly, closing easy c o u p o n s s ' e a n n o u n c e d p a y a b l e o n a n d a f t e r J u l y 17 a t th e at 12Jj|c. for Rio No. 7. For mild grades there has been a o f f ic e o f t h e U n i o n T r u s t C o m p a n y , 80 B r o a d w a y , N e w Y o r k quiet and easy market,with good Cucuta quoted at 15%c. and C i t y , a n d a t 92 A m e s B u i l d i n g , B o s t o n : standard Java at 28)-£@24o. There has been a limited amount Kansas Pacific, Denver Extension fir s t m o r t g a g e 8 s, c o u p o n of activity to the speculative dealings in the market for con d u e M a y 1. 1 $ 0 I. w i t h i n t e r e s t , $33 98 i n a l l ; Union Pacific tracts at declining prices under general selling, prompted by linihcay Co ,R D. f Middle Division) fir s t m o r t g a g e 6 i , c o u p o n the receipt of lower “ firm offers” from Brazil and weaker d u e J u n e 1, 1894, w i t h in t e r e s t , $33 83 in a ll , a n d Eastern D i European advices, closing quiet. vision fir s t m o r t g a g e 6s, c o u p o n d u i A u g . 1, 1894, w i t h i n t e r The following were the final asking prices : J e s t. $33 53 in a ll. Sinking F u n d . — T h e U a i o n T r u s t C o . , a s t r u s t e e u n d e r t h e U n i o n P a c i f i c c o l l a t e r a l t r u s t d e e d o f 1379, h a s o n h a n d $ 7 1 ,5 « ) , f o r w h i c h it a s k s p r o p o s a ls t o s e l l t h e b o n d s a t n o t e x c e e d i n g 105.— V . 6 3 . p . 31. W h e e l i n g & L a k e E r i e R R .—Stock Increase.— T h e s t o c k h o ld e r s h a v e v o t e d t o in c r e a s e t h e c s p i t a l s t o c k $5,000,000. P r - s id e n t B l a i r s t a 'e s t h « r * s o lu t i o n a d o p t - d b y th e s t o c k h o l d e r s s u l r t a n t i a l l y a s f ill i w s : " T h a t (n r th * p u rp o se o t n n n s tru c tla g » »*oonrt tr a n k . e x te n d in g tts lin e , c o iu n r o e iln g b ra n ch * *. I n c re a s in g lie r o llin g s to ck , d e p o ts and o th e r fix tu r e s , mod to r p a y in g a n y b m il* issu e | os X ' a r n teed b y It, a n d fo r th e p u rch a se o r a n y r a ilro a d w ith in th e S t a t e o f O h io w h ich b a a been o r ruay h e r e a fte r be sold l i r a J u d ic ia l o rd e r o r d e c r e e , an d fo r c o m p le tin g It* tin e o f ro a d , an d fo r a n y o f th e p u rp o se* a u th o rize d b y la w . th e c a p ita l s to c k o f said co m p a n y b e In crea sed fro m $ 1 4 .'0 0 ,OOO to $ 1 U .V ’O.OOO.” T h e o o m p an y h a s r e a s n t ly r e c e iv e d tw e lv e n e w e n g in e * an d 1,0 00 n ew th irty -to n c o a l ca rs , s e w sid in g * a re b e in g b u ilt, s e v e n ty -p o u n d s te e l r a ils h a v e b een laid in p o rtio n * o f th e m ain tr a c k : n e w s te e l b rid g e* a re u n d e r c o n tr a c t to he in p o sitio n by S e p te m b e r first. W ith th e s e I m o ro v e ra e o ta c o m p le te d th e fa c ilitie s fo r h a n d lin g b u sin ess w ill b e 50 p e r c e n t g r - a t e r th a n fo r th e y e a r 1 8 9 5 . T h e c o a l an d Iron o re c o n t r a c ts fo r l s a 6 sh o w a co n s id e ra b le In cre a s e e v e r 18 9 5 . T h e a c tio n o f th e W h e e lin g Jc L a k e K rle Is th e r e s u lt o f th e a r r a n g e m e n t lo r n s i n g t h e C le v e la n d T e rm in a l * V a lle y R R . fo r a n e n tr a n c e in to C le v e la n d w h e re im p o r ta n t im p r o v e m e n ts w ill be m ad * in th e tc -m in n i* B y th is c o n t r a c t a j o l n t lin e is e s ta b lis h e d fo r O h io . W est V ir g in ia and P e n n s y lv a n l t e o a l to th e la k e tr o u t, w h ic h is th e s h o r te s t e x is t in g lin e ." — V . 6 2 , p . 4 1 5 . W is c o n s in C e n t r a l.— M ilw a u k e e sc L a k e W i n n e b a g o R K . — Opening of Manitowoc Extension.— T h e e x t e n s i o n (45 m ile s in l e n g t h ) to M a n i t o w o c o n L i k e M i c h i g a n h a s b e e n p u t in o p e r a t i o n . T o f o r m p a r t o f th is lin e , t h e W i n n e b a g o Com p a n y le a s e d , w i t h o p t i o n o f p u r c h a s e , f r m t h e C h i c a g o M i l waukee & S t . P a n l R a i l r o a d , th e lin e b e t w e e n N - e n a b a n d H i l b e r t , p a y i n g 3 p e r c e n t o n a v a lu a t i o n o f $12,000 p e r m i le , t h e m a i n t e n a n c e b e i n g d i v i d e d o n w b e e l a g e b a s is . T h e F li n t & P o re M a rq u e tte c » r fe r r y w ill n o t b e r e a d y fo r use u n til a b o u t O c t . 15, b u t it is s t a t e d t h a t t h e A n n A r b o r R R . ferry w ill a t o n c e b e g i n r u n n i n g . — V . 63, p . 7 4 .; Jnly................11-550. |O c t................. lOTOo. |Jan................. 9-85o. Aug....... ........ 11 050. Nov................. lO-OOo. Feb................... 9 85o. 8®pt............... 10-GOo. I Deo.....-.............9'90e. 1March............. 9-85c. There has been a quiet market for raw sugars, as refiners have been indifferent buyers, but prices have held fairly steady, closing at 3 !jc. for centrifugals 96-deg. test, and 2%c. for muscovado 89-deg. test. Refined sugars have been in imited demand ami steady; granulated quoted at 4%c. Teas ha re been quiet but s'eady. The demand for Kentucky tobacco has been quiet, b it priceahave been unchanged and steady. Siles 1 50 hhis, So. 1-leaf tobacco ha* been in fairly active demand at steady prices. Sales for the week were 2,825 cases, as folio vs: 125 cases 1804 crop, Pennsylvania seed leaf, I2@12)£c.; 100 cases 1894 crop, Pennsylvania Havana seed, 13@14c.; 600 cases 1895 crop, Pennsylvania Havana seed, p. t.; 1,600 cases 1895 crop, Pennsylvania seed, p. t.; 50 cases 1894 crop Connect icut Havana 20c ; 250 cases 1895 crop, Connecticut seed, p. t., and 100 cases 1894 crop, Z'mmer’s, 12c.; also 1,200 bales Havana, 40@90c., and 300 bales Sumatra. 60c.@$l 75 in bond. There has been a quiet market for Straits tin, but prices have advanced slightly in response to stronger foreign advices, and the close was steady at 13’50@18‘60o. Ingot copper has been quiet and prices have further declined, closing easy at U ® ll'25c. for Like. Lead has sjld slowly and prices have weakened slightly, closing easy at 295c. for domestic. Spelter has also declined, closiog quiet and easy at 4c. for domestic. Pig iron has declined, closing at $10 25 ||$I2 50. Refined petroleum has declined sharply, closing at 6 50c. in hhis., 4c. in bulk and 7 40c. in oases; crude in bbls. has been nominal; naphtha easy at 7 J-2 C. Crude certificates have also declined, closing at $1 0 1 bid. Spirits turpentine has been in slow demand and weaker, closing at 24*^f®25)^c. R'jsins have been easier, closing at $1 80@$1 024£ Wool has been dull and values have been largely n o m in il.^ H ip i have been dull and weak. THE CHRONICLE. 118 C O T T O N . F r i d a y N i g h t , July 17, 1896. T h e M o v e m e n t o f t h e C r 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 reached 3,896 bales, against 4,437 bales last week and 5,324 bales the previous w eek , making the total receipts since the 1st of Sept., 1895, 5,198,591 bales, against 7,853,492 bales for the same period of 1894-5, showing a decrease since Sept. 1,1895, of 2,654,901 bales. Sat. Receipt) at— Tex. City, Ae. New Orleans... Milt >11A _ F lo rid a ........... Brunaw'k, Ao. 51 55 97 382 44 1,346 o ........ 6 41 ...... .... 58 1 ...... .... . 211 ....... ...... ..... 15 ....... 104 Baltim ore....... Philadelph’a.&o 30 T ot’ls this week 407 266 228 2,226 54 9 269 ...... .... .... .... ........ ....... 1 4 1 ..... ...... .... .... ....... ........ .... .... 13 ...... 565 ....... .... ... 25 23 64 4 ... Pt. Royal, Ao. Wilmington — Waali'ton, Ae. Norfolk............ Y7est P oin t...... N ’ port N.f &o. New Y o rk ....... 80 -1 1 228 263 5 1 59 Total. F ri. Thurs. Wed. Tu.e». Mon. .... ...... ....... 329 329 38 45 263 45 82 923 3,896 69 ...... .... 56 1 ....... 52 ... ....... 2 50 1,481 332 1 188 The following shows the week's total receipts, the total since Sept. 1, 1895, and the stock to-night, compared w ith last year. This Since Sep. Week. 1,1895. 1894-95. This Since Sep. Week. 1, 1894. G alveston... Tex. C.,Ao. New Orleans M ob ile........ Florid a....... Savannah ... Br’ wiek, Ac Charleston.. P. Royal, Ac Wilmington. Wash’n,&e. N o rfo lk ....... West Point.. N ’p’ tN ., Ac New Y o rk ... Boston......... Baltim ore... Philadel., &c. 266 927,063 228 112,825 2,226 1,751,742 54 195,888 33,753 269 752,140 116,232 64 280,100 77,513 2 170,931 767 68 337,501 143,639 20,207 329 53,147 263 126,272 45 43,853 82 44,018 122 1,652,456 74,001 11 636 2,572,316 5 238,312 25,395 140 911,299 152,809 92 427,505 5 160,788 7 234,443 928 52 469.841 118 236,151 42,933 137,107 671 165,387 194 118,986 623 152,835 T o ta ls...... 3,896 5,198,591 2,676 7,853,492 Receipts to July 17. 1895-96. Stock. 1896. 1895. 8,261 10,278 49,932 3,289 99,926 5,840 7,988 1,416 11,073 5,060 1,800 19,149 4,550 3,135 4,263 50 101,800 6,800 7,351 6,780 12,766 318 2 194,274 4,200 13,507 12,094 213.553 382,349 .... .... .... In order that comparison may be,made with other years, w e give below the totals at leading ports for six seasons. Receipts at— 1896. 1895. 1894. 1893. 1892. 1891. Galves’n Ao, N ew Orleans M ob ile....... Bavannah... Ohas’ ton, Ac Wilm’ ton,&c N o rfo lk ...... W. Point, Ac. A il others... 494 2,226 54 269 64 2 68 329 390 133 636 5 140 97 • 7 52 118 1,488 523 1,283 24 725 360 8 195 59 635 985 4,879 23 1,829 212 41 849 325 1,948 447 4,541 106 1,062 95 67 119 77 5,561 325 2,447 139 1,755 519 31 767 986 1,933 Tot. this wk. 3,896 2,676 3,812 11,091 12,075 8,902 Since Sept. 1 5198,591 7853,492 5903,498 5040,549 7090,448)6893.516 The exports for the week ending this evening reach a total of 15,884 bales, of whioh 9,474 were to Great Britain, ----to France and 6,410 to the rest of the Continent. Below are the exports for the week and since September 1,1895. Exports fro m — G a lv e s t o n ...... T e x . C ity , A c.. N e w O r le a n s .. M o b ile A P e n . S a va n n a h ....... B ru n sw ick ...... C h a rle s to n *.. W ilm in g t o n ... N o r f o l k ............ W e s t P o in t ___ N ’ p 't N ew s, A c N e w \ o r k ....... Week E nding July 17,1896. Exported to— Great B rit'n . France 5,462 69 Conti Total nent. Week. 568 6,030 09 From Sept 1, 1895, to July 17,1896 Exported to— Great Britain. France 436,572 95.430 39,620 4,599 680,03 > 305,747 89,063 35,386 26,399 50,381 98,144 40,053 1,770 36,715 9,930 14,629 349,759 260.808 57,680 2,018 Conti nent. Total. 164,634 690,086 42,377 86,596 573,948 1,559,727 29,947 119.010 304,331 366,116 23,959 74,340 178,442 276,586 90,708 132,531 17.107 53,822 9,930 14,629 281,990 661,492 2,892 263,700 85,808 145,512 35.501 44,712 4,807 T o t a l ............. 0.474 6,410 15,884 2,203,589 465,756 1,831,044 4,505,989 T o ta l, 1894-06. 7,986 2.368 10,354 8,409.713 771.417 2,488.013 0,R04.7 4 3 9? 5 6,129 2,419 1,237 jo M (Ato 1,262 2,419 262 B o s to n ............. B a ltim o r e ----P h lla d o lp ’a .A c 0 ,2 1 1 [V O L. L X IU in addition to above exports, our telegrams to-night also give us the follow ing amounts of cotton on shipboard, n ot cleared, at the ports named. W e add similar figures fo r New York, which are prepared for our special use by Messrs, Lambert & Barrows, Produce Exchange Building. O N S H IP B O A R D , N O T C L E A R E D F O R — July 17 at— Leaving Stock. Other Great B rita in . France. Foreign Coast wise. Total. 1. 153 12,134 None. None. None. None. None. None. None. None. None. None. 7,750 350 500 None. 836 None. None. 260 None. 200 None. None. 17,629 None. None. 260 None. 200 14,WOO 2,300 32,303 8,261 7,988 10,813 3,289 4,063 86,900 24,647 New Orleans... Galveston....... Charleston.. .. M ob ile............ N o rfo lk ........... New Y o r k ...... Other ports___ 3,506 None. None. None. None. N odo. 6,S00 1,800 Total 1896... 12,106 1,503 20,384 1,296 35,289 178,264 T otal 1895... Total 1894... 8,550 7,060 None. 425 6,258 12,817 1,997 1,931 16,805 22,233 365,544 243,308 Speculation in cotton for future delivery has been consid erably more active,, but at materially lower prices. Selling has been general, prompted in part by the favorable pros pects for the grow ing crop but more largely by the de pression in financial and business circles, which restricts the consumption o f spinners. The “ bear ” interest, how ever, has not been particularly aggressive in its operations as traders generally have not been disposed to keep a large outstanding “ sh ort” interest at the prices now ruling. Furthermore, while indications up to date are that the next vie Id o f cotton w ill be a large one, there is yet time for un favorable weather conditions to do serious damage to the growing crop. Saturday and Monday there was a net de cline in prices o f 20 to 34 points under free selling, prompted by reports of further fa ll of rains in Texas and the Gulf States. Tuesday the market fur ther declined during early ’Change, but later in the day “ shorts” bought freely to cover contracts, and prices rallied, closing at a net advance of 2 to 5 points. Wednesday the market again weakened, prices breaking 15 to 21 points under renewed selling, prompted by the w eekly report o f the Government’s Weather Bureau, which stated that the crop in Texas was in a splendid state of cultivation and that picking had become general in the southwestern part o f the State. Thursday there was an upward turn to values, as Liverpool advices were better than generally expected, and there were English buying orders in the mar ket. There was also a demand from spinners in the local spot market, and this stimulated a demand from shorts to cover contracts, which also caused prices to improve. The close was at a net advance o f 7 to 17 points for the day. To-day the market was unsettled. The opening was at an advance of 3 to 4 points in response to stronger advices from L iverp o o l; then came a decline o f 8 to 10 points under gen eral selling ; subsequently, however, there was a demand from “ shorts ” to cover contracts and the loss was recov ered, closing steady at an advance o f 1 to 2 points as com pared with Thursday’s final prices. Cotton on the spot has been quiet, and prices declined l-16c. on Saturday, 3-16c. on Monday and %c. on Wednesday. To-day the market was quiet at 1 -I 6 c. advance, m iddling uplands closing at 7J^c. The total sales for forward delivery for the week are 1,063,100 oales. For immediate delivery the total sales foot up this week 2,261 bales, including 821 for export, 1,140 for consumption, — for speculation and 300 on contract. The follow ing are the official quotations for each day o f the past week— July 11 to July 17. On the basis of the rates on and off middling as established by the Revision Committee, the prices for a few o f the grades would be as follows : U PLAN D S. S a t. M o n T u e s W e d Good Ordinary........................ Low M iddling.......................... Middling.................................. Good M iddlin g........................ Middling F a ir.......................... 6% 7 7% 711,6 8h 63.6 63,* 6 l3,g 6l3ie 73.6 7*2 713 81.6 8l i« S a t. M on Tues W ed 6% 7h, 75g 7*316 8^3 6h6 7 16 7 ’ ,0 7% 85.« S TA IN E D . S at. ITIou T u e s W e d Low Middling........................... Middling.................................. Strict M iddling............ ........... Good Middling T m ged ............ 6*8 7 7°<*2 738 G U LP. Good Ordinary........................ Low M idd lin g.......................... Middling.................................. Good Middling........................ Middling Fair.......................... 67ie 71is 7716 7% 80,6 51516' 613, „ 63l32 73,* 51516! 613,0 63I 32 73,« 6116 61q, 7h6 7% 715, 6°, 8 6>51(J 75 6 75g 83,6 513 6 611,o 627.,.g 7116 I Th. F rl 63,6 611! 7116 7% 715, *• 6% 6% 7% 77,6 8 Th, F ri 65.6 6 '»ie 7h« 7=8 83.6 638 7 7«8 Th. F r i. 513,* 6I I 10 627;-{2 7 «16 ' 578 6% 62932 718 Z ,Uie Sit MARKET AND SALES. S A LE S O F SPO T A N D C O N T R A C T . SPOT M A R K E T CLOSED. Sat’d a y . Monday. Tuesday Wed’day Thur’d’y Frid ay.. Total. Dull at i, dec.. Dull at 3]6 dec.. Q u iet............... Quiet, at *8 dec.. S teady............. Quiet at 1,6 adv. Ex port. 71 .... Oon- Spec- Oorisump. uVVn tract. 53 Total. 124 Sales of Futures. 106,500 199,800 174,900 179,400 190,200 212,300 ___ 750 .... 45 72 702 268 300 200 . ... ... i4 5 272 1,152 268 821 1,140 ___ 300 2,263 1,063,100 THE CHRONICLE. J c ly 18, 1896.1 T h e S ales and P rices of F utures at N ew York are shown by the following comprehensive table. 3 ◄£ Q 3 ® a o2.2.g* I - 18 o 5i _ —X a 2 - . f» f - £c 9:?2= mi mi i !fS I *ll si r JUL ** 9 - -'5 xrn c. c © « *J - k-»~ 3 © P 3 CO£ — K “ *< <30© * ® o .a * 2 8 * •<? £ X *4 * toe* "5 i«r r to =r5 ? -- -> *} ® » < X 3 -* K 4**» I b .°: I ft?: _____ CJC-4 »* P -1 P 3 00 3 3 0 3 “ 8 2§ 2 i s.H: ©©C 3 ® 4°«4 30 O 3 3 3 3 ^ * I•*: f i f t y ’© MOO®to *4 ► > ©© < at * j X vac 1^ co’ 3303 *0 *0® *0 © © o© *0*3® tO *4X *« o 4 •00*4 * •s-©*^o 3 3 0 3 s o co co *4 - e o ? s 0 0 O -® CO 11 «► ► » 3 l 1» “ f I m P T © © © © * - • 0 ® *0 © © 03 I3 ► « 3 cs 5 1 • ? : ► -1 i 1 I SS 11 0- ► w* as® 5r COCO * ■ v -o 3 1 a .® r 00 a © C © to co © ob © Ce» CO l «: • 1 -■ © © © c© *coc®»o 0*0 *4 > ©© © © fa *0 *0 ® ^ MW © 1 ».= : - a h i «MMr« ?SOO ‘ ' W i S P ft®* 8 * g f t 3 x® .§© '-s ©or* 3 *^ 0,-1 • 60 1» r : C3» ob©®x HtC X 0. 3 . . r © © IC S w ilEr M i S; " . I ► ◄ o x —5 o-a * ® 5 9 .O I •»? i #gr I * I • «? g© 3 303 9 9 c 9 * 9 9 ® “ 8 ISU^IO 13*3 13 *CCO®*C © — o» o »» © - 1 X ► 33 ► 33 99 < 33 tea *3*3 .K 3 3X5 3 O 03 X f CO »f4^ I • .»“ I ft.*1*: 8 2 99 ? I *«: GN •2 S < §2 * ME -4*40-3 _ 6_ ®o © fr.31 — 0 0 yf cou 5 1 ft?: 0*5 3*4 ch® 6 ► -t 8 fc: O3.2.C * © © ^ 3s S -*? N 5? « ^ © © £ ——r ® to*-*® * ®*4© £ ft.®* p ft.*£ vT©$? ^ c o ? oc® o o > X © Tr” -x 3 1* r : CJ* uc •x'-'oo UP- 03 § GTJ2F© w © —© e- x w© •—© — — . ^ « 2 »“ ^ it ® -® x.• 5J? a — § 8 * 1 a* 2-* »* vj? 2 s*-*»•- s*-c "■oS^ p -♦v5 —p *. |E= *t a © *o to *4*4 i a > < © a o © »o o - ® CO 00© *1 ©© 5 © ©*4 » ©a 5* T S r? © © ^ © 00 CC® 00 00 » • © © © 00*0 .* 1 ® r : 11 t < I ft? * I a®: C O*3 © a c © © a o © c o c o ® cb u c J i® v — to © co _ a * . ► ® ® < COCO »■ 00 to CO3 l *0 ©©Q© oerfi.® to U© *4 I I : | " M 1 1: | 11 •• 3 < T# x © ^ -3 1 t y The imports into Continental ports the past week have been 35.000 bales. The above figures indicate a decrease in the cotton in sight to-night of 1 . 2 '“?,6 ? 0 bales as compared with the same date o f 1895, a falling off of 742,339 bales from the corresponding date of 1894 and a decrease of 003,537 bales from 1893. A t t h e I n t e r i o r T o w n s the movement—that is the receipts for the week and since September 1, the shipments for the week and the stocks to-night, and the same items for the corresponding period of 1894-95—is set out in detail below. © a. J COCO K *0 — 0 - 3 1 ft:** ® ® < »:© 3 ar> r © © © © *-® *© *4 — © © © © u * .® —X — V 11 « » © © 1 n 5 »* r: r co. x - . o u o u : ® * o • -o • © x - a a ® 3 to © ® ® » 0 *© 0 ® *410 © > < & Us —»-aco«wwaD®c;®rf-*i c**-oo*--cctwC*o*-cc*3xo»5D©:iu --S tOCh CJCtf-'O*fiMXO*IO0»**M00*3O*CCD*-iXCi»C«O»O*C'C:XC.0:tfA 52 — O* c « — to *4*4 — i• — — » — — 2* • CO — • t o © : co © © * 1 © * . ; -o : *J © u . - w : *4iU © © C O C ^ O 1— <«-• v • - © - • Of O' t o y — *4 — CO— M © 5? 3 3 C3 t i zt 11 I I : | i 11 j : l •: r * 1 *1 , i ; l > . a © a© ^ 00*0 »• c »t-3 1ft? : X © «© © CO 0 0 ® c j —V e- 11 1• 11 < " ) « « ? 1a i 11 £ O’ tc 1 a .-i • i : ? i 1i 1 CO 99 1896. 1895. 1894. 1893. Stock at L iv erp o o l...... bales. 739,000 1,481,000 1,287,000 1,344,000 Stock at London.................... 6,000 9,000 7,000 6,000 Total Great Britain stock. 745.000 ________ 1,490,000 1,294,000 1,350,000 8toek at H am burg................ 30,000 30.000 29,000 35,000 14,000 Stock at Brem en................... 160,000 166.000 264,000 147,000 135,000 8tack at Am sterdam ............. 7,000 7.000 15,000 13,000 16,000 Stock at Rotterdam .............. 200 200 200 200 Stock at An tw erp .................. 12,000 12.000 11,000 13,000 10,000 Stock at H avre...................... 207,000 427,000 384,000 388,000 207.000 Stock at Marseilles................ 6,000 6.000 5,000 7,000 8,000 Stock at Barcelona................ 79,000 79.000 94,000 78,000 110,000 61,000 Stock at Genoa...................... 61.000 63,000 17,000 20,000 8tock at Trieste..................... 39,000 39.000 35,000 34,000 31,000 Total Continental stocks.. 607,200 943.200 728,200 732,200 Total European stocks.... 1,352,200 2,433,200 2,022,200 2,082,200 India cotton afloat for Europe 64.000 123,000 75.000 69.000 Amer.cotton afloat for Europe 49.000 49.000 60.000 73.000 Egypt.Brazil.&c.,aflLfor E’pe 10.000 15.000 22,000 26.000 Stock in United States ports . 213,553 382,349 265,541 319,715 Stock in U. S. interior towns.. 87,925 56,304 73,105 110,269 United States exports to-day. 862 6,357 2,033 893 Total visible supply......... 1,777,540 3,065,210 2,519,879 2,681,077 Of the above, totals of American and other descriptions are as follows: American— Liverpool stock........... bales 591,000 1,355,000 1,083,000 1,088,000 471,000 840,000 551,000 598,000 Continental stocks................ American afloat for E urope.. 49,000 49,000 60,000 73,000 United States stock............... 213,553 382,349 265,541 319,750 United 8tates Ulterior stocks. 87,925 73,105 110,269 56,304 United States exports to-day. 862 6,357 2,033 893 Total American.. 1,413,340 2,689,010 2,034,679 2,189,877 East Indian, Brazil, <tc, Liverpool stock..................... 148,000 126,000 204,000 256,000 London stock......................... 6,000 9,000 7,000 6,000 Continental stocks................ 136,200 103,200 177,200 134,200 India afloat for Europe......... 64,000 123,000 75.000 69.000 Egypt, Brazil, Ac., afloat...... 10,000 15,000 22.000 26.000 Total East India, A c ....... 364,200 376,200 485,200 491,200 Total Am erican............... 1,413,340 2,689,010 2,034,679 2,189,877 Total visible s u p ply........ 1,777.540 3,065,210 2,519,879 27681,077 Middling Upland, Liverpool.. 3^7,2d. ' 3iii*d. 3i516 d. 4iad. Middling Upland, New York. 7»ec. 7o. S^o. Egypt GooaBrown, Liverpool G^d. 6%d. 7 h£ a . 55i 8d. Peruv.Rough Good, Liverpool 0B3. d. 5«16d. e^ied. 381m A. 325<*od. Broach Fine, Liverpool......... 5U ,id . 4 i„ d . Ttnnevelly Good, Liverpool.. 3^d. 3 '» 3od. 3 aid. 4»itd. ~ o ® i• r U } *i ■ fiy fi •- — 99 119 " M 11 1l 2 1 11 i It:? III | *-* *4 *9*0pi fedM c o lo V iV ilo V j ic ^ o p ‘ ic o to O cole. — V c h o ^ — x>ro’, rf.rf.t0''j'co»-®cc»coc:a»'cici*oxo*j«o»»*o-'h-coo ©00X0* CSOO»M®*30»OOODC5<l®MO:i^l&®CO*4COOO® S. 2g S’ 1a 11 " i 1•: 7 1l : | ' Include* talefi In September, for September. 15,300; BeptemberOctober, for October. 614.6 * ; September-November, for Novem ber, 417,200; September-December, f -r December. 1.897,300; SeptoraberJunitary, for January. 11,143.100, September Febru *rv. for February, 027,700: September-March. for vf»»roh. 11,042.9 *>: September Aon 1, for April, 027,800: September May, for May, 6,151,100; September, June, for June, 1,224,100. o r For exchangee see page 122. T « e V i s i b l e S u p p l y o f C o t t o n to-night, as made up by cable an d telegraph is a* follows. The Continental stocks, as well as those for Great Britain and the afloat are this week’s returns an * consequently all the European figures are brought down to Thursday evening. But to make the totals the complete figures for to-night (July 17), we add the item of exports from the United States, including in it the exports of Friday only : I-* »• ’-OCJ*»- • H*10 wS- Op to •©.to C2x ► -*u oocotoco *j' a>© ^ ooa cr. o *3co»-*>a *1u OCO© *-»C*CiU* CO X cop to ©00^ kf*r»-* aotousV ©«•’» - aolo’io'« ' » co'Vo'’& bo©•'to**-b cj ©"to x coj^co r j to *- © co© —© *. ac o» * j c* © o» coto a to o->to *4c; *1© »e*® ® ^ ® *2 C.YICU if- CO-4»-*X© © to COU C^© O’ M©C^Oi U ► -*>e-*3*lX*4*l irf a ■ co© c : © *i: ©coto©; *. o»w: >-•© ; x u ©• coo». ©©©**• ©© © © • © x • X u «-»g '___s- *0 M *0 • ®M X H* cop W w _► -* © ODMCO • ©CO "v COit* © e-* coco col^-© 0- COco © XpU^O^-tO' ©^-t0^-O»CCX©*3»-©Xt0*-©©OT©*3©Up©© ^ J e -.C o 2 »-0 » © © O i ® C O X © t O © X r - CiM if r O » M * J C 0 © O © C f l© * 4 * LoalavUle llKureH “ n et” In noth years. ' This year's figures estimated. ! Last year’ s figures are for Newberry, S. C. The above totals show that the interior stooks have decreased luring the week 5,983 bales and are now 31,021 bales more than at same period last year. The receipts at all the towns have been 0 0 2 bales more than same week last year and since Sept. 1 are 2,005,972 bales less than for same time in 1894-90. THE CHRONICLE. 120 (V ol , l x i i i . W eath e r R eports B y T e l e g r a ph .—Our telegraphic reoris from the S mth this evening indicate that the weather as as a rule been quite i-atisfactory during the week. Rain has fallen in most localities and in Texas the crop has been ! C LO SIN G Q U O TA TIO N S F O R M ID D L IN G C O TTO N O N — greatly benefited thereby. At a few points in Arkansas and Tennessee rain is said to be Deeded, but iu sections of the F ri. July 17. Wednes. Th urs. Batur. Mon. < Tuts. Atlantic States and iD a portion of Alabama there has been 64s 6h« eq. G alveston. . 6718 i>®i too much moisture. In the earlier districts of Texas picking Ill6 0=8 G4> New Orleans 64s 6% 6>‘ i« has been commenced. 638 6=8 M ob ile....... 611,8 1 6*16 6U ,* 6 »,8 Galveston, Texas.—We have bad rain on four days of the 658 6=8 0&8 (PH 6U,a Savannah... Gi'ia 630 6=8 6=8 Charleston.. 6=8 week, the rainfall reaching two inches and thirtv-six hun 0 ’s 6=8 7 7 7 7 Wilmington. 7 7 ‘8 dredths. The thermometer has ranged from 73 to 89, averag ()78 7 7 678 N o rfo lk ...... 7 7-8 ing 81. Boston....... 73s 73,8 7iia 7=16 7 'ia V w 7 l8 7M 7ia Palestine, Texas.—We have bad rain on three days of the Baltim ore. 74, 7U 7% 73 b Philadelphia 7=s 7=18 7°16 7‘ .« week, the rainfall reaching ninety hundredths of an inch. Z7*6 7 7 7 7 Augusta..... 7*8 7*8 Average thermometer 80, highest 92. lowest 68. 6^ 6=1 6% 6% Memphis--- 1 0l3l« Huntsville, Texas.— It has rained on four days of the week, G=i 04i St. Louis___ 078 61=18 S i’ 16 6=8 6=9 64, H ouston___ 61*16 the rainfall being eighty hundredths of an inch. The ther 6*18 i 7*8 74! Cincinnati.. 7q 7q 7 >4 7H mometer has averaged 82, the highest being 95 and the lowest 6=4 a\ 6=4 6% Louisville. ..1 7 6% 69. The closing quotations to-day (Friday) at other important Dallas, Texas.—Beneficial rain has fallen on three days dur Southern markets were as follows. ing the week, the rainfall reachi ig one inch and eighty-three Natehoz.......... 6=8 A tla n ta .......... E ufaula......... hundredths. The thermometer has averaged 80 and has 6*lfl R aleigh .......... ....... Charlotte....... 7 I<ittle Rock___ eq 6*3 ranged from 64 to 96. Columbus, Ga. 6=8 Selma.............. f>4j Montgomery... San Antonio, Texas.—Rain has greatly improved prospects. 6 67g Shreveport...... Oolmnbus. Miss 5=8 N ash ville........ R e c e i p t s f r o m t h e P l a n t a t i o n s .— The following table Cotton is doing extremely well. We nave had rain on four days of the week, the rainfall reaching two inches and eight Indicates the actual movement each week from the plantations. The figures do not inolude overland receipts nor Southern hundredths. The thermometer has ranged from 70 to 96, consumption; they are simply a statement of the weekly averaging 83. Luling, Texas —Rain has fallen on four days of the week, movement from the plantations of that part of the crop which the rainfall reaching one inch and seventy-nine hundredths. finally reaches the market through the outports. Average thermometer 84, highest 95 lowes; 72. Columbia, Texas.—There has been very beneficial rain on Week Receipt* at the Ports. St'k at Interior Towns. Rec'pts from Plant'ns. . four days of the week, the rainfall reaching three inches and Ending— 1894. 1 1895. 1896. 1894. 1895. 1896. 1894. 11895. 1896. thirty-nine hundredths. The thermometer has averaged 80, Jane 13..... 18,813 15,527 13,277 99,982 76.155 120.868 6.664 5,201 the highest being 90 and the lowest 70. •* 19..... 12,069 15,614 14,669 92,347 71,693 113.648 4,431; 11,257 7,449 Cuero, Texas.—There has been rain on five days of the 85 week, doiDg good, the precipitation being one inch and ** 26..... 18,306 6,223 10.825 85,585 67,870 102,908 6,044j 2,195 July 3..... 10,119 3,795 5,224 79,386 64,721 98,249 3,920 649 565 eighty-four hundredths. The thermometer has averaged 84, " 10..... , 5,910 5,866 4,487 76,577 58,762 93,908 3,101 140 ranging from 71 to 96. 17..... 3.812 2.676 3,896 73.105 56.304 87.925 340: 218 Brenham. lexas.—Cotton prospects have greatly improved The above statement shows: 1.—That the total receipts and the yield promises io be an average one, Tdere has been from the plantations since Sept. 1, 1895, are 5,253,816 bales; in rain on five days of the week, the rainfall being one inch and 1894-95 were 7,852,461 bales; in 1893-94 were 5,910,43? bales. seven hundredths. The thermometer has ranged from 71 to 2.—That although the receipts at the outports the past week 97. averaging 84 were 3,896 bales, the actual movement from plantations was Fort Worth, Texas.—We have had rain during the week only -----bales, the balance being taken from the stocks at to the extent of one inch and twelve hundredths on three the interior towns. Last year the reoeipts from the plantation s days. The therm imeter has averaged 82, the highest being for the week were 218 bales and for 1894 they were 96 and the lowest 68. 340 bales. Weatherford, Texas — Rain has fallen on three days of the past week, the rainfall being seventy-one hundredths of an O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S in c e S e p t . 1 .— W e give below a statement showing the overland movement inch. The thermometer has averaged 83, ranging from 70 foi in i week and since September 1. As the returns reach us to 96 Temple, Texas.—The cotton crop is doing splendidly and by telegraph late Friday night it is impossible to enter so largely into detail as m our regular monthly report, but all the present outlook is for a large crop. There nas been light the principal matters of interest are given. This weekly rain on three days of the week, the precipitation reaching publication is of course supplementary to the more extended twelve hundredths of an iDcli. Average thermometer 82, monthly statements. The results for the week ending July 17 highest 94 and lowest 70. New Orleans, Louisiana.—Ic has rained on one day of the and since Sept. 1 in the last two years are as follows. week, the precipitation being ninety four hundredths of an 1895-96. 1894-95. inch. Average thermometer 82. July 17 Shreveport. Louisiana. -Rain has fallen on four days dur Since Since Week. Sept. 1. Week. Sept. 1. ing the week to the extent of sixty-four hundredths of an inch. The thermometer has ranged from 66 to 97, averag Shipped— 905 549,332 1,394 933,829 ing 81. Via Cairo...................................... 1,074 244,195 994 336,229 Columbus, Mississippi.—Good rain this morning, and it Via Parker City..................... 19,751 35,379 seems to be general. We have had rain two days during the Via Evansville'...................... 1,681 3,817 75 138,151 33 189,310 week, the precipitation being twenty five hundredths of an 556 120,270 142 177,855 inch. Tne thermometer has averaged 85, ranging from 70 Via other routes, <feo............. 171 92,121 172 151,263 to 105. Leland, Mississippi. - It has rained on two days of i lie Total CTOsa overland.......... 2,781 1,165,501 2,735 1,827,632 Deduct shipments week to the ext ut of t ■ en y hu ldiedtns of an inch. Ron Overland to N. Y., Boston, «feo. 390 272,290 1,488 574,315 i-i badly needed. Average th rammet-r 79 6, highjst 93, low 276 4,329 339 32,316 est 68. 653 55,082 373 78,699 Meridian, Mississippi — Damage from drought mst and Total to be deducted.________ 1,319 331,701 2,20') 685,360 shedding is claimed m i-ome localities The thermometer has ranaed from 72 to 98. _ Leaving total net overland*.. 1,462 833,800 530:1,142,322 Vicksburg, Mississippi.— We have had rain on ooe day of * Inoludlnx movement by rail to Canada the week, the rainfall reaching twenty-one hundredths of an The foregoing shows that the week’s net overland movement inch. The thermometer has ranged from 71 to 93, averaging Q u o t a t io n s for M id d l in g C o t t o n at Oth er Markets.— Below are closing quotations of middling cotton at Southern and other principal cotton markets for each day of the w eek, E year has been 1,462 bales, against 53't bales for the the season to date the aggregate net off from a year ago of 308,522 bales. 81. th is w e e k in 189.J, and that for o v e r l a n d exhibits a falling Little Rock, Arkansas.—We have had rain on three days of the week, the precipitation being fifiy-iour nundredtns of aa inch. Average thermometer 80, highest 96 and lowest 66. 1895-96. 1894-95. In Bight and Spinners* Helena, Arkansas. — Some sections have had plenty of rain, Takings. Since Since and crops are good, but in others there has been no moisture Week. Sept. 1 Week. Sept. 1. for ten weeks and crops are suffering. Cotton is two weeks Receipts at ports to July 17 ........ 3,896 5,198,591 2,676 7,853,492 ahead of last year. There has been light rain here on two Net overland to July 17........... 1,462 833,800 530 1,142,322 Southern consumption to July 17 13,000 842,000 10,000 710,000 days during the week, the rainfall reaching thirty hundredths of an inch The thermometer has averaged 82, the highest Total marketed.................. 18,358 6,874,391 13,206 9,705,811 being 96 and the lowest 72. Interior stocks in excess....... . *5,983 55,225 *2,458 11,031 Memphis, Tennessee.— It rained on Saturday last, the pre cipitation here reaching twenty-six hundredths of an inch, Caiue into sight during week. 12,375 10,748 Total In sight July 17.......... . 6,929,616 9,704,783 but in some sections the rainfall was heavier. A few districts need moisture. The thermometer has ranged from 66 to 94-9, North'n spinners tak’ers to July 17 1,881 1,588,885 3,701 2,040,195 averaging 81. --------- ----- -"B " vv». ■ AJVQQ uiau U U X . Nashville, Tennessee—The week's precipitation ha3 been It w ill be seen by the above that there has come into sight three inches and forty hundredths. The thermometer has av during the week_ 12,375 bales, against 10,748 bales for the eraged 79, ranging from 64 to 92, same week of 1895, and that the decrease in amount in sight Mobile, Alabama.—Crop reports generally very good, but to-night as compared with last year is 2,775,167 bales. there are some complaints of too much rain and shedding. 18, THE CHRONICLE. 1 8 9 0 ,] W e have had rain on five days of the week, the rainfall being three inches and six hundredths. Average thermometer 81, highest 92, lowest 72. Montgomery, Alabama.—Crops are grassy, as there has been entirely tco muoh rain. There has been rain on five days of the week, the precipitation reaching two inches and eighty-five hundredths. The thermometer has averaged 80, the highest being 89 and the lowest 71. Selma, Alabama.—Rain has fallen on four days to the ex tent of one inch and seventy-six hundredths. It is claimed that excessive moisture is doing harm. The thermometer has averaged TO, ranging from 60 to 91. ( Madison, Florida.—Crops are not looking well on account of too much moisture. The w- ek's rainfall has been one inch and ten hundredths, on four days. The thermometer has ranged from 79 to 93, averaging 86. Columbus, Georgia.—We have had rain on two days o f the week, the rainfall reaching two inches and forty-two hun dredths, Average thermometf r 78, highest 96 and lowest 70. Savannah, Georgia.—There baa been rain on four days of the week. The thermometer has averaged 83, the Slightest being 90 and the lowest 72. Augusta, Georgia. - We have had rain on four days of the week, the precipitation being fifiv-tw o hundredths of an inch. The thermometer has averaged 81. ranging from 71 to 95. Charleston, South Carolina.— We have had rain on five days o f the week, the rainfall reaching one inch and fifty two hun dredths, Average thermometer 89, highest 91 and lowest 73. Stateburg, South Carolina,—We have had rain on f our days o f the week, the rainfall being thirty eight hundredths of an inch. The thermometer has averaged «•>*$. ranging from 73 to 90. Greenwood, South Carolina .— It has rained on two days of the week, the precipitauin reaching two inches and twentyone hundredths. The thermometer has ranged from 71 to 83, averaging 77. Wilson, North Carolina .—W e have had rain on two days of the week, the rainfall reaching eighty hundredths of an inch. Average thermometer 85, highest 98 and lowest 78. The following statement we have also received by telegraph, showing the height o f the rivers at the points named at 8 o’clock July 16, 1896, and July 18, 1895. July 16,’96. July 1St ’95. Feci. Now Orleans........................... Above zero ot (range. .vs Memphis ..................... Above zero ot gauge. 14-8 N a s h v ille ....................... A b o v e zero o f gauge 15-7 Shreveport.............................. Above zero o f gangs. 0 0 21-7 Vicksburg................................ Above zero of gauge. Feel, 4-0 9*4 6*4 10-0 13*4 I n d i a C o t t o n M o v e m e n t F r o m a l l P orto.—T he receipts and shipments o f cotton at Bombay have been as follows fo r the week and year, bringing the figures down to July 16. aoan.iT r b c b u t s and s h u -x b n t s for fo u r r s « « Shipment* (h i* week. ! Shipment* since Sept, 1. ; te a r Great Conti _ , , Great B ril'n nent, TolaL Britain ’95-6 ’94 5 ‘93-4 '92-3 i'.ooo 1,000 ....... 71,000 708,000 ....... 26,000 509,000 1.000 47.000 744,000 4.000 12,000 762,000 3,006 Shipment, for the Keek. Great Britain. Conti nent. ...... 4.000 Calcutta— 1895-96... 1894-95... Madras— 1805-90... ......... ...... ...... 1894-95... _ . , Total. Contin tnl. AH others— 1895-96. . 1894-95,.. 2,000 3,000 2,000 Total all— 1895-96,. 1894-95.. 2,000 7,000 2,000 Total. Receipts. This We€kt 770.000 535.000 791.000 824.000 12,000 2,095,000 10,000 1,481.000 14,000 1,759.000 7,00011,708,000 Shipments since Sept. 1. Great Britain. Continent. 11.000 7,000 81,000 28,000 92,000 35,000 ...... ...... 10,000 7,000 9,000 10,000 19,000 17.000 3,000 4,000 19,000 24,000 90,000 82,000 7,000 4,000 40,000 38,000 180,000 120,000 1895-90. This week. 7 ,0 6 b 779,0001 220,000! 7,000 999,000 1894-95. This Since week, i Sept, 1. Since Sept. 1. 4.000 535.000 158.000 1,000 3,000 791.000 244.000 4,000 693,000 4,000 .............. ....... Receipt* (cantars*).... This wtm'h, Sine© Sept. 1 .. 5,205,000 1 This Since i week. Sept. 1. latporfa To L iv e rp o o l To CoBtlooiitf ........ . 4..... J’ e 12 “ 19 “ 26 Jnly 3 “ 10 “ 17 1,000 36*1,000 2,000 328,000; 1894-95. 4,533.000 This ' Since week, .Sept. 1, d. a. s. 4 4 4 4 4 4 a. s, ®6 @6 ®6 ®6 ®6 »6 4 4 4 4 4 3 a. a. 3tss Shi 3*2 8'a 8% 7 a. a. s. 4 4 4 4 4 4 a. s. 3 ®6 2is®6 2ks®6 2>a®6 2 ®6 2 ®6 a. a. 313 3 3 3 2ks 2hj 31816 3X1,635g 32332 32333 s n t6s S e a I s l a n d C o t t o n M o v e m e n t .— W e have received th ig. 8 >4 ® 7M 63iB®7Jfl OSiB-aTUg 64j6®7% 6ll8®6lS>18 32%2 513,9'S>61B 315,6 5% »6 % 32%, §9,8 ®6>4 4 5«s ®6M 4 oh! ®6M 327... 5 ^ ®6M (Friday) evening by telegraph from the various ports tb0 details of the Sea Island cotton movement for the week. Tb® receipts for the week ending to-night (July 17) and sine® Sept. I, 1895, the stocks to-night, and the same items for the corresponding periods of 1894-95, are as follows, 1895-96. Receipts to July 17. 1894-95. Stock This Since This Since week. Sept. 1. week. Sept. 1. 1896. 1895. c S a va n n a h ................... . Galveston, &c................ 3 77,186 10,556 4,783 .... ... F lo rid a . &o ....................... ___ .... 3 74,752 6 92,525 T o ta l........................... 64,254 2,357 549 5,359 432 5,139 370 55 43 3,338 468 The exports for the week ending this evening reach a total of — bales, of which —- hales were to Great Britain, — to France an* — to Reval, and the amount forwarded to Northern mil la has been 5 bales. Below are the exports for the week and since September 1 in 1895-96 and 1894-95. Exports fro m — Week Ending July 17. Since Sept. 1, 1895. Norlh'n M ill• Or eat F r’nce Great F r’nce Total. B rit’n Total. <6c. BHTn. dc. Since. ITeefc, Sept. 1 S'vami’h, Ac 0h »rl't'n ,& « Florida, 4ro. New York .. B oston....... B altim ore.. :::::: ........ ....... ...... ........ T o ta l....... 11,048 2,901 2,370 14,024 64 3,025 16,151 7,783 3,717 4,788 20,940 7,783 13 3,730 5 34,780 1,682 3,608 ...... ....... 42,260 7,242 49,502 5 40,070- 5,650 40,658 34,912 35,008 Total 1894-5 E u r o p e a n C o t t o n C o n s u m p t io n t o J u l y 3.—W e have received to-day (Friday), by cable Mr, Ellison’s cotton figures brought down to July 1. W e have also received the revised totals for last year and give them for comparison. The spinners* takings in actual bales and pounds have been as follows: Continent. Oreal Britain. October 1 to July 1. Total. For 1 8 9 5 -9 8 . 5,959,000 3,338,000 2,621,000 akiugs oy sptnnera.-.bale* 4894 479 498 \ -Brage weight of bales.lbs Cakings In pounds...... ........ 1,305,258,000 1,585,550,000 2.888,808,000 F or 1 8 9 4 -9 5 . takings by spinners.. .bales i verage weight o f bales, lbs. Takings In pounds..... .......... Oct 1 to July L Bale* of 400 lbs, each, »00# omitted. 2,642.000 502 6,257,000 3,615,000 489'4 480 1,735,600.000 3,062,019,000 j 1893-94. 2,000 4,975,000 This Since week. Sept. 1, ! 4,000 314.000 1,000 343,000 j 5,000 302.000 Total E o r o p «...... 3.000! 659,000 0,000 815,000 9,000 610,000 * A can u r I* i»"i pounds. t Of whi.!i. •» vom-ir.A In 1395 96, 53,719 bales; In 1891-99. 43,200 bales; in 1893 9 4 .2 1 .U 8 Bales. Total. Great Britain Conti nent. 609. 3,984 675, 7,227 16 3,316. 364, 348. 4,339, 7,655, 3,329, 3,172 4,573. 3,900 7,902, 7,072 3,3323,1*10 4,687 8,019,3,809. 6 929, 137, 673, 830 212 100, ■ 100 0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 182,'' 182.0 182,0 182,0 182,0 182,0 180,0 180,0 180,0 81.0 81,0 81,0 81,0 81,0 81,0 78,0 78,0 78,0 Conti nent. 66, iplnnera* stock Oct. 1 ’’aktngs to July 1___ 3,203. •U p p iy.................... ipluners’ stock July 1 Weekly Consumption 00* omitted. «n October... . . . . . . November. .... In Decem ber........ tn January............ tn February......... . tn M arch ............... to April.................. In M ay.................. In Jun e...... ...... 1894-95. 1895-96. Great B riiali 5 1895-96. 1895. lbs. Shirt Oott’n 32s Oop. ings, common Mid. 325 Oop. SH ings, common Mid, Twist. Twist. to finest. Vplds to finest. Uplds 1803-94. This week, ALEXANDRIA BECKIFTS ASH SHIPMENTS. Alexandria, Egypt, July 15. 1896. 8M lbs. Shirt Oott'n According to tin above, the average weight of the deliveries in Great Britain is 498 pounds per bale this season, against 503 pounds during the same time last season. The Continental deliveries average 475 pounds against 480 pounls last r, 220,000 And for the w h ile o f Europe the deliveries averag- 484'8 Our 198.000 pound* per bale against 489 4 pounds last season, impale,, also gives the full movement for this year and last year in bales of 400 pounds. J Total 1 Since Sept. 1. M a n c h e s t e r M a r k e t .— Our reportreceived by cable to-night from Manchester states that the market is easy for both yarns and shirtings, in consequence of American news. W e give the prices for to-day below and leave those for previous weeks of this and last year for comparison: 109.000 100,000 cc 1 0 B om b ay........ A ll oth er port* Total. 4.000 BXPORTt TO RUROI'B FRO* U A INDIA. Shipments to &M Europe from-— Since Sept. 1 . 121 1 c t .y e £ tT Oj 0 A 1 T J 32,0 82,0 82,0 82,0 82,0 82,0 80,0 80,0 80.0 87 S 95,0 95,0 95,0 99,0 99,0 99,0 99,0 99,0 99.0 Total. 1,090, 176,0 176 0 176,0 180,0 180,0 180,0 177,tr 177,0 177,0 THE CHRONICLE. 122 Spot. F i r s t B a l e o f N e w C o t t o n .— The first bale of cotton of the crop of 1896-97 was received at New O rlean s, La., from Market, Kearnes City, Texas, on Friday, July 10, or fifteen davs 1:45 P. M. (J earlier thaD th e first new bale reached New Orleans in 189a. It weighed 615 pounds, classed strict middling, and was sold Mid.Upl’ds. at auction for 1 0L cents per pound. Last year th e first new bale reached Galveston, Texas, on July 10. In 1894 the Spec. A exp. earliest arrival was on June 26 at Houston, in 1893 on June Futures. 80 and in 1892 on July 11, both also at Houston. Market, ) E xchanges .—T he following exchanges have been made 1:45 p. m . j during the week: [V ol. LXffl, Saturday Monday. Tuesday. Wed'day. Thursday. Friday. Quieter. Easier. 33132 32932 8,000 500 10,000 500 Fair business doing. Fair buyers’ Harden’g. business Infavor. doing. 32132 10,000 500 31316 31315 33733 12,000 1,000 10,000 1,000 10,000 500 Steady at Quiet at Steady at Steady at Steady at Steady at 2-64 de 2-04 * 3-64 2-64 iva3-64 partially 2-64<&3-«>4 2-64 'j, 3-64 decline. 1-64 adv. advance. advance. cline. decline. •02 pd. to exoh. 200 Nov. for Deo. Market, { Quiet but Quiet. Even 200 Aug. for July. Steady. Irregular. Steady. Steady. •02 pd. to exoli. 1,000 Deo. for Oot. Even 200 Oct. for Jan. 4 P. M. J steady. ■02 pd. to exoli. 100 July for Aug. •05 pd. to exoh. 500 Oct. for Feb. •06 pd. to exoli. 100 Nov. for Oot. •50 pd. to exoh. 100 Sept, for Aug. The prices o f futures at Liverpool for each day are given •03 pd. to exoh. 1,100 Deo. for Jan. •06 pd. to exoh. 300 Nov. for Jan. below. Prices are on the basis of Uplands, L o w Middling •47 pd. to exoh. 200 Deo. for Aug. •03 pd. to exoh. 300 July for Aug. clause, unless otherwise stated. J u t e B u t t s , B a g g in g , & c .— J ute b a g g in g has been in good The prices are given in pence and 64th. Thus : 3 63 means d em a n d d u rin g th e w e e k u n d er r e v ie w at u n ch an ged prices. 3 63-64d., and 4 01 means 4 1-6 Id. T h e qu otations th is e v e n in g are 4JjjC. fo r \ % lbs., 5 }^c. f o r 2 lbs. an d 5 % o. fo r stan dard grades in a jo b b in g w a y . C ar-load ill O i l . Tu es. W e d . T lin r s . F r i. S a tu r . lots o f standard brands are qu oted a t 4JgC fo r \ % lbs , oj^c. July 11 to July 17. 12i* 1 2:15 4 2:15 4 2:15 4 2:15 4 2:15 4 fo r 2 lbs. and 5 % c. fo r 2^4 lbs. f. o. b. at N e w Y o r k . J u te butts P.M. P.M P.M. P. M. P.M. P.M. P. M. P. M. P. M. P. M. P.M. P.M. a re d u ll on th e spot a t 1 l-1 0@ lj»<c. fo r p ap er q u a lity a n d l}£ c . fo r m ix in g . d. d. d. d. d. d. d. d. d. d. d. d. S h i p p i n g N e w s .— T he e x p o rts o f c o tto n fr o m th e U n ite d J u ly .......... 3 55 3 55 3 52 3 50 3 48 3 46 3 45 3 45 3 42 3 42 3 45 3 45 July-Aug... 3 53 3 53 3 50 3 48 3 45 3 44 3 43 3 43 3 40 3 40 3 44 3 43 S ta te s th e past w e e k , as p er la test m a il retu rn s, h a v e reach ed Aug.-Sept... 3 48 3 48 3 45 3 42 3 39 3 38 3 37 3 37 3 35 3 35 3 38 3 37 14,999 bales. 8ept.-Oet... 3 41 3 40 3 37 3 36 3 33 3 32 3 32 3 32 3 30 3 29 3 33 3 31 Total bales. Oot.-Nov ... 3 37 3 36 333 3 32 3 30 3 29 3 28 3 28 3 26 3 26 3 29 3 28 1,159 Nov.-Dee... 3 36 3 35 3 32 3 31 3 29 3 28 3 27 3 27 3 25 3 25 3 28 3 27 N e w Y o r k —T o Hull, per atoaraer Colorado, 1159................... To Londou, per steamer Hindoo, 32............................... ... 32 Deo.-Jan... 3 36 3 35 3 32 3 31 3 29 3 28 3 28 3 27 3 25 3 25 3 28 3 27 To Manchester, per steamer Horrox, 71............................... 71 Jan-.Feb ... 3 36 3 35 3 32 3 31 3 29 3 28 3 27 3 27 3 25 3 25 3 28 3 27 To Bremen, per steamer Munohen, 1047.............................. ],047 Feb-Marcli.. 3 37 3 36 3 33 3 32 3 30 3 29 3 28 3 28 3 26 3 26 3 30 3 28 To Antwerp, per steamers 8t. Cuthbert, 310 ...Southwark, Moh.-April.. 3 38 3 37 3 34 3 33 3 31 3 30 3 30:3 29|3 27 3 27 3 31 3 29 400...................................... 710 April-M ay.. 3 39 3 39 3 35 3 34 3 33 3 32 3 31 3 31 3 29 3 29 3 32 3 30 To Genoa, per steamers Elysia, 1,717....Em s, 1093.......... 2,810 May- June.. To Naples, per steamer Etns, 300.......................................... 300 N e w Orleans —T o Liverpool, per steamer Orion, 2,500. ......... 2,500 To Bremen, per steamer Croma. 526. ......... —.................. 526 To Barcelona, per steamer Miguel Jover, 2,850— ......... 2,850 To Genoa, per steamer Martin Saenz, 1,450 ....................... 1,45 F r i d a y , July 17, 1896. G alv e s to n -<-To Liverpool, per steamer Engineer, 9 8 ............... 98 *- orton —T o Liverpool, per steamer Michigan, 422................... 422 There has been a very uninteresting week in the market B a l t im o r e —To London, per steamer Lord Erne, 250............... 250 To Bremen, per steamers Orefeld, 224___ Sailer, 550........... 774 for wh'eat flour. The amount of business transacted has been B R E A D S T U F F S . T o t a l......... ......... 14,999 T h e p a rticu la rs o f th ese sh ip m en ts, a rra n g e d in o u r usua 1 fo r m , a re as fo llo w s . H ull, BarceLiver• London, Bre- Ant- Iona <£ pool. l6c. men. werp. Genoa. Naples. Total N ew Y o rk ......................... 1,262 1,047 710 2,810 3 JO 6,129 7,326 N. Orleans............ 2,500 ....... 526 ........ 4,300 ........ 98 98 ....................................................... Galveston---- ----422 Boston................ . 422 1,024 250 774 Baltimore......................... T o t a l. .. ........... 3,020 1,512 2,347 710 7,110 300 14,999 Below we a id the clearances this week of vessels carryin g cotton from United States ports, bringing our data dowa to the latest dates: N e w Or l e a n s —To Liverpool -July 1 0 -Steamer Electrician, 2,112___ ___July 16—Steamer Engineer, 3,350. To Hamburg—July 10—Steamer Helvetia, 36 L To Oporto—July 11—Steamer Dona Maria, 20 '. M o b i l e To Liverpool—July 13—Steamer Dalinally, 69. B o s t >n — To Liverpool—July 7—Steamer Cestrian. 1.174 ...July lo st*-amer Gallia, 21 — July 13—Steamers Sachem, 724; Sylvani i, 500. B a l t i m o r e —To Liverpool—July 8 —Steamer Ulsterm^re, 26 2. To Bremeu—July 15 -Steamer Neokar, 975. Cotton freights the past week have been as follows. Satur. IAverpool..........d. Do ......... d. Havre, asked___c. 22%l Dunkirk..........,.c. Bremeu.............c. 18t Do ..............c.l .... H am burg......... c.l 22t Do ...........c.\ .... Ama’dam, asked.c.i 25t Bevai, v. Hamb..c.! 341 Do v. H ull...d.j 34t Barcelona......... d. G en oa.............. d. 9<ua&3 Trieste, July 25. d. Antw erp........... d. Ghent,v.Antw’p.rL % Mon. *32 221*1 Tues. Wednes. Thurs. *3 2 *32 *3 2 22 %t 22i*1 22% t Fri. very limited, and buyers have been quite indifferent in their operations, but no changes of importance have been made in quoted values. There have been fairly free offerings o f new winter-wheat flour at below quotations for old crop. City mills have been quiet and unchanged. A. lim ited jobbing business has been transacted in rye flour at unchanged values. Com meal has b *en quiet and without change. To day the market for wheat flour was quiet but steady. Theiehas been a limited amount of activity to the specu lative dealings in the market for wheat futures, and while prices have made fractional advances on less favorable crop accounts from the Northwest, fairly large clearances for export and steadier foreign advices, a material improvement in value has been checked by the depression in financial circles. In the spot market the amount of business reported as having been transacted has been very moderate, but we understand that, quietly, fairly large sales are being made for export. Yesterday the sales rep irted included No. I New York Northern at 63%o. f.o.b, afloat and ungraded at To-day the market was fairly active and prices ad vanced rather sharply on fair buying, largely for Western account, stimula ed by continued unfavorable crop accounts from the spring-wheat section. In the spot market business was checked by the advanced views of sellers. The sales in cluded No. 1 hard spring at 6 8 c. f.o.b. afloat. No. 2 red w in ter for delivery early August was quoted at 64%c. f.o.b. afloat. D A tL T CLOSING PRICES OF NO. Z RED W IN T E R W H EAT 18t 181 18t 181 22t 22t 221 22i 22%t 181 .... 221 July delivery.......... August d elivery— ...0. September delivery. ...c. October delivery. .. ...o. December delivery. Sat. 61 61% 61i* 62% 6338 Mon. 60% 61% 61% 62% 63% Tues. 61% 61% 62% 62% 64% Wed. 61% 61% 62 62% 63% Thurs. 61% ___ 62% 62% 64% F ri. 62% 62% 63 63% 65 Speculation in the market for Indian corn futures has been moderately active and prices advanced during the first half of the week on reports of damage to the growing crop by dry weather and hot winds. Yesterday, however, crop accounts were more favorable, wnich prompted some selling by 9e* ^ 532 96 4 ® 532 9 8 4 a>582 964 ®5<*2 “ Jongs” to realize profits, aud part of the improvement was lost. In the spot market only a limited amount of business 632 5 32 has been transacted, but prices have advanced with futures. 332 3 32 The sales yesterday included No. 2 mixed at 3‘3%c. in elevator % % and 34%c. f. o. b. afloat. To-day the market was quiet but t Gents net per 1 0 0 lbs. prices advanced in sympathy with the improvement iu wheat. L i v e r p o o l .— By cable from Liverpool we hav j the follow ing The spot market was firmer but quiet. The sales incluied statement o f the week’s sales, stocks. <fcc., at that port. No. 2 mixed at 34j£@34%c. delivered. 25t 34t 34t 25t 34t 34t June 26. Sales of the w e e k .........bales. O f which exporters took___1 Of which speculators took. 251 34t 341 July 3 25t 34t 341 July 10 2534* 34t July 17 60,000 1,200 100 56.000 8,000 60.000 888,000 734,000 10,000 6,000 50.000 33.000 56.000 78.000 63.000 1,400 3,200 2,200 200 700 1,400 52.000 71.000 57.000 9,000 6,000 5.000 60.000 65.000 62.000 846.000 793.000 739.000 Of which American—Estim’d 693.000 645.000 591.000 Total import of the week....... 26,000 18.000 13.000 Of which American............. 17.000 16,000 6.000 Amount afloat........................ 35.000 27.000 27.000 Of which Am erican............. 23.000 15.000 17.000 1 "' . ”7 ----- 1 -“ "V- - v v AWA upv/uo Lb44LAl u l u i UtJ yfctCIi day of the week ending July 17 and the daily closing prices o f spot cotton, have been as follows. D A I L Y C L O S IN G P R IC E S O F NO . 2 M IX E D OORN. Sat July delivery............... o. 32% ,0 . 0 . 32% 32% Septem ber d e liv e r y .......o. 33% October delivery.......... o. Mon. 32% 33% 33% Tues. 33% 33% 34% Wed. 33 33% 34% Thurs 33% 33% 33% ***. 33% 33% 34% Oats for future delivery have attracted slightly increased attention and there has been some buying by “ shorts” to cover contracts stimulated by reports that the crop was being damaged by rust. In the spot market business has been fairly active, as shippers have continued ‘buyers despite an advance in prices, which have improved in sympathy with the rise in futures. The salps yesterday iucluded No. 2 mixed at in elevator and 233^c. f.o.b. afloat ; No. 2 white at 22j£@23c. in elevator and white clipped at 24^ge. f.o.b. afloat. To-day “ shorts” were buying to cover contracts and prices ad- July is. .] THE CHRONICLE 1886 vanced. The spot market was higher, checking business. The sales included No. 2 mixed at 3 1 3 3 3 . in elevator and f.o.b. afloat; also No. 2 w hitest 2JJ^c. in elevator. 34^ 0. DAILY CLOSISO P 8 I028 OF MO. Z MIXED OATS. T u «, Wed.. Thurt. 8at JHon. July d elivery........... ...0. August delivery...... ...0. September delivery. ...a . 2038 19 7s 20 20% 20% 20% 21% 20% 207s T h e fo llo w in g are clo s in g qu o tatio n s : FLOOR B ln*... ......... _ . * b b l . * 1 6 0 « 2 00 Patent, w in ter......... $3 45 ©*3 75 3 90 Superfine.................. i 709 215 City mills e x tra s .... Extra, No. 2 ............ 2 2 0 » 2 35 Rye flour, saperflne,.. 2 30 9 2 75 ... . Extra. No. 1 ............ 2 50 <z 2 75 Buckwheat flour...... Clears....................... 2 509 3 15 Corn meal— Western, .feo.......... 2 00 9 2 10 Straight*...... ........... 3-159 3 40 Brandywine.......... 2 15 Patent, spring. . .... 3 4 9 « 3 75 [W heel flour in sacks seUs at prices below those for barrels.! GRAD*. Corn, per bush— 0. 0. West'n m ixed____ 61 9 69 No. 2 mixed......... 62%t> 61% Western yellow .. 61 * 65 Western W hite___ ___ a 20 « 214s R y e Western, per bush. 2 2 h 9 27 B u te and Jersey.. 2 l ‘a » 23 2 3 h a 24% Barl--y—Western___ Feeding. . . . . . . . . . . Wheat— Spring, per bush.. Red winter No. 2.. Red w in ter........... W hite......... ...... Oats—M ixed. per bn. W hite................... No. 2 m ire d ......... No. 2 w h ite...... . 0. 31 33 33 32 Domestic Cotton G oods—The exports of cotton goods from this port for the week ending July 13 were 5,744 packages, valued at $240,834, their destination being to the points specified in the tables below: Frx. 22 .... 21% 21% 20% 20 £ 21% 20% 207s 3 9 9 9 123 1896. 1895. Week. Since Jan. 1. Week. Since Jan, 1. 3reat Britain..................... Other European.................. China................................. . In d ia .............. .................... Arabia.............. ................. . A fr ic a ................................. West I n d ie s .. . .. .. .. . .. .. .™ tfe rlo o ................................ Oentral Am erioa....... . loath A m erio a .................. Itner Countries.................. 66 17 975 250 1,695 668 314 29 106 1,613 6 1,373 1,871 63,478 3,509 12,511 11.112 6,690 1,644 4,812 26,455 2,112 73 52 5,437 14 200 481 28 414 1,254 81 3,011 1,676 30,817 3,634 14,247 4,238 9,532 1,722 6,206 31,946 3,948 T otal.............................. hlna. v ia Vanoouver*___ 5,744 3,020 135,567 13,570 8,034 3,650 110,977 15,350 Total 8,764 154,137 11,684 126,327 Naw YORK TO Ju li 1 3 . ---------- --------- --------------- — 0 35% 35 35 34 ........................... * From New England mill points direct The value of the New York exports for the year to data has been $6,013,505 in 1896 against $4,943,239 in 1895. Brown sheetings and drills have sold but indifferently dur ing the past week. The home trade have taken little interest 9 in them, and exporters find grades specially adapted to their The exports from the several seaboard ports for the week requirements so well oversold that it is difficult to place orders for near shipments. Prices are steady. There has ending July 1 1 , 1898, are shown in the annexed statem ent: /tour. Bye. Peat been no change in the character of business passing in owe. Wheat. Com, bhj$. **HJ* but . bleached cottons in any grade, orders running light at previ Nu«A. OUeh. 9 2 .3 1 0 6 2 4 .0 0 2 0 0 .1 1 5 0.G 4 3 4 2 ,7 6 H 13 1 .6 1 2 1.600 ous prices. Wide sheetings are dull. Cotton flannels and 10 3.64 7 Boston .......... . . 2 J 3 .0 0 J blankets inactive. Coarss colored cottons slo w. In the latter 3.*0 0 1 2 4 .2 *5 denura are workjng into a relatively strong coidition, Kidmw* 21,37** 1 4 0 .0 0 0 ' 8.WW .. 2 ♦,< W j finished cambrics and white goods inact ve and irregular. 1.390 1 0 0 .1 2 2 13 .3 10 New Or1ear;» .... 7 3 .2 IU t».**)0 Sales of fancy prints have been moderate in a 1 grades and 57.003 10 .5 86 Newport New* 2*.7l» other regular prints are dull and featureless. Business in ‘2J3.UOJ 2VJ7* 3 8 .* 14 41 0*4 7JW I Montreal........... 2 7 9 2 * 7 .■**** ginghams (both staples and dress styles) has been light at pre 997 9 R * 0 5 2 C 13 9 1 ,0 0 0 5 1 .7 5 1 . i* 0 l ? . T »2 2 1 )0 7 4 Total week 7 7 .0 1 2 vious prices. Small sales of print cloths have been reported, 1.14 J,4»J0 1 7 0 ,7 3 4 8 ,7 6 6 game time 1905 3 4 1 .V I I The destination o f these exports for the week and since price ruling firm at 2 J£c. for extras : 1896. (895. 1893. IS '1-!. September 1, 1895, is as below. W e a id the totals for the Stock o f P rin t O lotkt— July l i . July 13 July 14. July 15. 301,000 At Providence, 64 squares. 32i,000 182,000 147,000 corresponding periods o f last year for comparison: At Fall River, 61 squares.. 1,008,000 55,000 542.000 > . . . aqo -------- Ftnar.---- —. «------- Wheats------- —— —Corn.------ . At Fall R ive r, odd sizes ... 655.000 99,000 228.000 1 Bapp o rts f o r Week S i nee S *9 t. Week S in ce Sent. Week S in ce Sept. l. V*b. July 11. (Jotted Kingdom UflUO OooUnent....... ll >46 %eeekaruleinee Ju < 11 V 'O .W 7«4."«d *77.8 m> B. A C . A m ertC A 1 .2 l».;9 5 Sept. bbte. 1 to — We-t IndiesBrit. N. A. Coi'p. Other count rie*. Total Totel 1905 ... . 4 ».*S 7 3l.*l7« 4.003 2 7.6 *O \ 0 7 6 bbLa. iMi.Ml» 1 0 .l d 4 . f 7 d I 7 a . 7 ' f ll.1 57 .4 S K ) M UtOO ......... .. . ... u.vsx truth. SO.m.lflA io.t2 »/a*> AS00 M«>» 1.183.6UQ I . M 7. 1 D2 311,1*1 UT~ K o r o t h e r t a b le s a e a a l l r f i r m THE 1. 1*®6. teh 4<).57«.616 37 37 35 32 9 9 9 July U 40 41 40 33 l. l*06. busk. Total stook (p le o e s i....1.918,000 333.000 1,072,000 328,000 F o r e iu n D r y G oods —There has again been a fair attend bush. 4V0.77U 4».l^0.«l7 34i.ii* 31 a i +jyh *9 X 2 S t 1 .0 *4 ance of buyers in the search of specialty goods, but business 0 »*.0 ) 1 9 l.V 4 V > 4 0 l fabrics have been opened, but sellers report only very moder ate progress so far. 3l.*r: S'7,w**» in the more staple lines has continued indifferent in both sea i.MO X0..UW 97.341 £.4 IK,182 sonable and fall varieties. A. few spring lines of men’s -wear l.U & * )0 *6.1 *1 .0 7 H ere p e t g a g e 1 0 2 . DRY GOODS TRADE. N k w Y o r k , F r i d a y , P. M ., July 17. 1896. In addition to the curtailment of production of cotton goods by Eastern mills, referred to in last report, Southern mills, controlling nearly 2 ,0 0 0 ,0 0 0 apindlea, are this week said to have agreed upon a redaction of output to an average e x tent of 38 per cent between now and October. This informa tion has been received with the same indifference by buyers as was the adoption of the curtailment policy of the Eastern mills. The market in fact appears to be entirely independent o f its own condition and altogether under the influence of the prevailing political disquietude. Buyers are with few exceptions confining their purchases to limited quantities in all departments. For these they are quite willing to pay cur rent prices, and are careless as to what the future course of values may be. Sellers, in face of this indifference, make no special efforts to move stocks, and with the shortening of sup plies are content to await further developments. The H. B. Claflin Company's statement for the first half o f the year attracted considerable attention this week by reason of its poor showing. The net earnings on tha common stock were but 11-100 per cent, against 5 67 100 per cant the preceding half-year. W o o l e n G o o d s . —The general opening of spring lines is unusually late this year, as another week lias passed with but little addition to previous display. Buyers and not sellers are controlling the opening by shhwiog bo great an indifference towards business for next spring that it appears worse than useless to try and interest them to any pxtent. Some business Is doing, but it is of such a perfuoctory character as to be of no value »s a guide to the general situation. In heavy-weight woolens and worsteds a fair number o f reorders came to hand, but there is no activity, only small (juantities being called for in the great m a jn ity of instances. Low and medium grade fancy goods are still pre ferred to higher grade fancies and plain staples. Satinets are quiet, as are cotton-warp caisimeres and doeskin jeans. Rough overc >atings are neglected and i'regular: plain faced goid* in relatively fair rrqnes". Flm n*ls and blankets are idle at unchanged (irices. Oarpe s steady, with a moder ate bnsinees. Reorders for dress goods continue indifferent, particularly to in plain go ids. I in p o rt at Io n s mntl W u r c lio u . e W i t h d r a w a l * o f D r y G o o d * . The importations and warehouse withdrawals of dry goods at this port for the week ending July 16, 1896, and since January 1, 1898, and for the corresponding periods of last year are as follows: THE CHRONICLE. 124 S t/ite a a s C ity P m fr m s f lT . TERM S OF SUBSCRIPTIO N. T he I nvestors ’ Su pple m e n t will be furnished without extra charge to every annual subscriber of the C ommercial a n d F i n a n c ia l C h r o n ic le . T he Sta te a n d Cit y Su pp le m e n t will also be fur nished without extra charge to every subscriber of the C h r o n ic le . T he Street R a il w a y Su pp le m e n t will likewise be furnished without extra charge to every subscriber of the Ch r o n ic l e . T he Q uo tatio n Su pple m e n t , issued monthly, will also be furnished without extra charge to every sub scriber of the Ch r o n ic l e . TERM S for the Ch ro n ic le with the four Supple ments above named are Ten ollars within the United States and Twelve Dollars in Europe, which in both cases includes postage. Terms of Advertising—(P e r Inch space.) One tim e ............................ One Month (4 tim es).. Two Months (8 tim es).. (The above terms for one M U N IC IP A L $3 50 I Tnr Months (13 tim es)..$25 00 11 00 Six ontha (26 tim es).. 43 00 18 00 |Twelve Months (52 times).. 58 00 month and anward are for standing cards. BOND SALES I N JUNE. The total amount of municipal bonds issued and sold during the month of June, as computed from our re ports of sales, was $12,792,308. While this is the larg est sum reached in any month of this year, it is not unusual as compared with corresponding months of previous years. In Jane 1895 the total was $15,907,441; in June 1894 it was $16,359,377, and in June 1892 it was $12,249,000. I f we turn to the figures for June 1893, however, we find that the total in that year was but $1,888,935. It should of course be re membered that the silver panic was then at its height. Prices last month continued strong and bids were num erous for all the more desirable issues. In the following table we give the prices which were paid for June loans to the amount of $11,338,308, issued by 53 municipalities. The aggregate of sales for which no price was reported is $1,454,000, and the total sales for the month $12,792,308. In the case of each loan reference is made to the page of the Oh r o n cle where a full account of the sale is given. J une b o n d Sa le s . Page. Location. Rale. M aturity. Amount. 1150.. Allegheny, P a .... 4 June 1, 192(5 $400,000 1187.. Arlington, Maes. 4 June 1, 1936 50,000 40.. Austin Co., T e x ......... 5 1901-1916 18,000 4 0 .. Berkley, Va.... 6 25,000 40.. Boston, Mass. 4 July 1, 1936 100,000 40.. Boston, Mass. 4 J u lj 1, 1916 700,000 40.. Boston, Mass. ......... 4 •July 1, 1916 100,000 40.. Boston, Mass. 4 July 1.1936 100,000 40.. Boston, Mass. 4 July 1,1936 100,000 4 0 .. Boston, Mass. 4 July 1,1926 100,000 40.. Boston, Mass. 4 July 1,1926 100,000 40.. Boston, Mass. 4 July 1,1926 100.000 4 0 .. Boston, Mass. 4 July 1, 1916 100,000 4 0 .. Bobton, Mass. 4 July 1,1916 100,000 40.. Brockton, Mass......... 4 1897-1916 40,000 40.. Cambridge, Mass...... 4 July 1, 1916 100,000 40.. Cambridge, Mass...... 4 July 1,1916 170,000 1187.. Can ton, Ohio............ 5 1897-1902 13,400 1187. .Canton. Ohio............ 5 July 1.1911 7,000 1053.. Chicago. I l l ........ 4 1916 loo.ooo 1106.. College Point, N. V ... 4 1916 $11,000 41.. Conshohocken, Pa___ 4 1901-1926 42,000 1053.. Detroit. Mich .... 4 July 1,1926 100,000 41.. Dover, N. H .... 4 1898-1916 95,000 86.. Duluth, Minn. ____________________________ July 1, 1926 1,106,000 1106. .Elkton, Md................ 10,000 1151.. Essex Countv, N. J... 4 1916-1936 1,500,000 4 1 .. Grafton, W. V a ......... 10,000 41.. Great. Kalis, M ont___ 6 1906-1916 34,500 1188.. Hamilton Co., Ohio... 25,000 1053.. Hudson, N. Y .. 4 1909-1913 25,000 1053.. Hudson, N. Y 4 1912-1916 10,000 1151. .Kansas City. M o___" 4 July 1. 1916 250,000 1106.. Kingston, >, y ______*!* 3*2 1912-1936 600,000 1151.. Lansdowne, P a .. 4 1926 25,000 41.. Lansing, Mich. 4*2 1897-1901 50,000 1188.. Leomin ter. Mass___ 4 Oct. 1, 1925 49,000 41.. Lowell, Mass....... . . 4 July 1, 1926 100,000 4 1 .. Lynn, Mass............... 4 1916 40,000 100,000 41.. Manchester, N. H, ___S 1897-1900 July 1,1901 30,000 Award. 107 107-94 100*2623 100 114-33 107-78 108-05 11313 112-03 112-33 111-33 110-33 109-53 108-77 102-471 107-910 107-388 100-373 102 103 789 103-178 101-905 110-079 102-763 101084 100 10t-86 100 100 103-64 105*4 101*4 100-01 103-748 100-70 106-65 110-25 104-823 100*559 Page. Location. [You EX III. Rale. 4 1 .. M anchester, N . H , . . . 4 1 1 0 7 .. M arlborou gh, M ass... 4 1 1 0 7 .. M arlborough, M a ss... 4 1 1 M . .M a ry la n d .................... 3*2 1151.. M ary la n d .................... 3*2 1151.. M ary la n d .................... 3*2 1151.. M aryland .................. 3 1151.. Mar> la n d .................... 3*2 1054. .M elrose, M a ss........... 4 1 1 51 .. M ilw au k ee, W is ..... 5 4 1 .. M inneapolis, M in n ... 4 42.. M ississipp i.................. 5 1 1 8 8 .. M ount V ern o n ,N . Y . . 1 1054. .N a sh ville, T e n n ......... 4*2 4 v .. N atick, Mass.............. 4 1 0 5 4 .. n e w H a ven , C onn _ 4 4 2 .. N ew to n , Mass.......... 4 4 2 .. N ew to n , Mass.......... 4 4 2 .. N ew to n . M ass.......... 4 1152.. N ew Y o r k C ity .......... 3 *2 1152.. N e w Y o r k C it y ......... 3 *s 1152.. N e w Y o r k C ity .......... 3 *a 1152. .N e w Y o r k C ity .......... 3*a 1 1 5 2 .. N ew Y o rk C ity ....... 3 'a 1 1 5 2 .. N e w Y ork C it y ....... 3 *2 11 5 2 .. N e w Y o r k C ity ....... 3*2 11 52 .. N e w Y o r k C ity ...... 1 1 52 .. N ew Y o r k C ity ....... 3*2 1 1 5 2 .. N e w Y o r k C ity ...... 3*2 11 5 2 .. N e w Y o r k C ity ....... 3*2 1 1 52 .. N e w Y o r k C it y ...... 3*2 1 1 5 2 .. N ew Y o r k C ity ....... 3*2 1152.. O h io............................. 4*1 1152.. Queens Co., N . Y ...... 4 1 1 5 2 .. Queens Co., N. Y .... 4 1 1 8 8 .. Quincy, M a ss.......... 4 4 2 .. Richm ond H ill, N. Y . 4 1 1 5 3 .. Rom e, N . Y ............. 4 1153. .Rom e, N . Y .............. .4 1 1 8 8 .. R y e U nion F ree Sell. D ist No. 3, N. Y ___ 4*2 1 1 5 3 .. 5 .le m , O h io............. 5 11 0 9 .. 5 0 .e r v i l l e , M ass.... 4 1 1 0 9 .. so m e rville, M ass......... 1054 . . 5.o 11eliam, M ass..... 4 1 1 8 8 .. W a sica Co., M in n ... 5 4 3 . . W est Chicago, 111.... 5 1 1 0 9 .. W inchester, C on n _ 4 1 1 0 9 .. W indham . C on n ..... 4 Maturity. 1915 1897-1901 July 1, 1911 July 1. 1911 July 1, 1911 July 1, 1911 July 1, 1911 Feb 24,1916 1897 1916 July 1, 1926 1901-1906 1918-1930 July 1, 1926 July 1, 1926 July 1, 1916 J ul v 1, 1926 July 1, 1936 Nov. 1, 1916 Nov. 1, 1916 Nov. 1, 1914 Nov. 1, 1014 Nov. 1, 1914 Nov. 1, 1914 Nov. 1, 1914 Nov. 1. 1914 Nov. 1, 1914 Nov. 1, 1916 Nov. 1, 1916 Nov. 1, 1914 Nov. 1, 1916 1898-1903 July 1, 1916 July 1, 1916 IP 06-1915 1926-1935 1897-1906 Jan. 1, 1900 1897-1902 1901-1920 Amount. $54,000 4,000 6,000 538,000 20,000 20,000 10,000 12,000 50,000 420,000 100,000 400,000 65,000 110.000 25,000 100,000 100,000 140,000 60,000 50,000 100,000 50,000 50,000 50,000 5»»,000 50,000 50,000 50,000 1,000 20,655 79,344 532,909 150,000 80,000 71,000 75,000 50,000 10,000 3,500 6,000 1897-1904 1901-1904 1900-1915 1924 1925 Apr. 1, 1925 Award. 103-575 104-793 100-790* 10206 102-16 • 103-26 103-50 102-06 105-188 111-87 105-25 ’ 103-135 107076 105-29 106-44 111-667 106-093 107-534 108 039 105-95 105-77 105-25 105*12 105 104-875 104-75 104-50 104-25 103-72 102-50 102-50 102-39 100-28*3 103-20 103-50 101-888 107-169 101-315 100-294 100*2 60.000 106-86*3165.000 102-816 12.000 102038 32.000 101 184 40.000 104-46*4 350.000 101T8 20.000 107195 105.000 10403 Total (53 m unicipalities)............................. $11,338,308 Aggregate of sales for which no price has 1,454,000 been rep o rted ............................................ Total sales for May $12,792,308 * A verage price. B o n d P ro p o sa ls a n d N egotiatio n s. —W e have re ceived through the week the follow ing notices of bondsrecently negotiated and bonds offered and to be offered for sale. A rverne, N. Y.— Bond Election.—The people of A rvern e voted on July 13 to issue $7,000 of bonds for grading, etc. Buffalo, N. Y.— Bond Offering.—Proposals w ill be received until July 24, 1896, at 12 o’clock noon, by Erastus C. Knight, City Comptroller, for the purchase of $60,000 of 3% per cent South Buffalo flood bonds. The securities w ill be dated A u gust 1, 1898, interest w ill be payable semi-annually on Feb ruary 1 and August 1 at the office of the City Comptroller, or at the Gallatin National Bank in N ew York, and the princi pal w ill mature August 1, 1926. The bonded debt of the city of Buffalo on the first day of January, 1896, less bonds held by the city in sinking funds, was $11,973,849 63. The assessed valuation of the taxable real estate o f the city, by the rolls of the year 1896, is $225,485,795. D ouglasville, Ga.— Bond Offering.— City Treasurer Thomas A. Duke reports that bids w ill be received at any time for the $15,000 of 6 per cent 20-year water bonds recently voted. East Palestine, Ohio.— Bond Election.—It is reported that an election will be held at this place to vote on the question of issuing $8 ,0 0 0 of bonds for an electric-light plant. Far Rjckaway, N. Y.— Bonds Proposed.— Paving bonds of this place to the amount of $175,000 are under consideration. Fosston, Minn.— Bonds Authorized — At an election held June 30 the people of Fosston voted to issue $10,090 of water works and electric-light bonds. Jamaica, N. Y .—Bond Offering.— Proposals w ill be received until July 23, 1896, at 8 o’clock p. M., by Edward W . Tapp, Secretary of the Board of Education of Ja maica, for the pur chase of $10,000 of 5 per cent village school district bonds. The securities will be dated August 1, 1896, interest w ill be payable semi-annually on February 1 and August 1, and the principal will mature at the rate of $500 yearly, beginning August 1, 1900. Lexington, Mass.— Bond Sale.—On July 11 the Board of Selectmen sold $10,000 of 4 per c°nt witer-works bonds to Messrs. Blodget, Merritt & Co. for $10,208 40. Other bids were received for the loan as follows : EstaProok & Co......................... ........................................... $ 10,191 70 Geo. A. Fernald A C o .................................................." .......... 10,177 00 Jose Parker & Co................................................. ' 10,152 76 N. W. Harris & Co......................... ..............................10,131 50 Foote 4c Frenoti...... ..... ............. ......................... 10,10190 R. L. Day & Co...................................................................... 10,083 70 The securities will be dated August 1, 1893, interest w ill be payable semi-annually on February 1 and August 1, and th e princinal w ill mature at the rate of $1,090 yearly from A u gu st 1, 1897, to August 1, 1906, both inclusive. Both principal and interest w ill be payable in gol d. THE CHRONICLE. J u l y 18, 1890.J 125 Newton Union F ree School D istrict No. 4, N. T .—Bond Omro, YVls — Bond Offering.—Proposals will be received Offering.—Proposals w ill be received by George VV. Morion, until July 25 for $5,030 of 5 per cent 10-15 year funding bonds District Clerk. Laurel Hill, N. Y ., on or before July 20. 1896, at 8 o’clock p. h , for the purchase of $13,000 of 5 per cent school-building bonds. The securities will be dated August 1, 1896, interest will be payable annually on August 1 at the Queens County Bank of Long Island City, N. Y ., and the principal w ill mature at the rate of §100 yearly from August 1, 1897, to August 1, 1926, both inclusive. New York City. — Bond Offering.—Bids will be received by City Cornptn ller Asbbel P. Fitch until July 27 at 11 o’clock a . M. for $410 0 ’ 0 of per cent consolidated stock of the city of New York issued for schools and the College o f New York. Interest w ill be payable semi annually on May 1 and November 1, and the securities will mature November 1,1914. Bids w ill also be received by the Comptroller until July 28 at 11 o’clock a . M for $3,805,962 56 of per cent stocks and bonds issued for various purposes and maturing as follows : o f this place. The securities are to be of ths denomination o f $ 1 ,0 0 0 each, and interest will be payable annually. Orauge, N. J .—Bond Offering.—Proposals w ill be received until July 27, 1896, at 4 o’clock p. j i , by the Finance Com mittee of the city of Orange for the purchase of $125,000 at i}£ per cent coupon sewer bonds. Interest will be payable semi-annually, and the principal will mature at the rate of $20,000 yearly from 1915 to 1918, both inclusiye, and $15,000 yearly from 1919 to 1921 both inclusive. These bids w ill be received by the Collector of Taxes at his office in the Orange National Bank building, and will be opened at a meeting of the Common Council, to be held at 8 o’clock p. M. on the 30th of July. “ In case of two or more bids for a larger number of bonds than that proposed to be issued maturing in a specified year, the city reserves the right of delivery to the bidders, or either of them, of bonds of any series not taken.” Nov. 1,1910............ *25,f00 00 I Nov. 1. 1916.............. *400,000 00 Nov. 1,1914........... 704,904 28 Nov. 1,1917........... .. 518,000 00 Nov. 1, 1915............ 2.158,058 28 1 Both interest and principal of these loans are to be payable in gold and the eternities are exempt from city and county The City Clerk's official advertisement o f this sale will be tax. found elsewhere in this Department. N o r t h T o n a w a n d a , N . Y . — Bond Offering.—Proposals will P a s s a i c County, N. J .—Bond Offering.—Proposals w ill be be received until July 27 at 8 o’clock P. M. by the Board of received by County Clerk A. B. Pt arce until August 3d at Water Commissioners o f North Tonawanda for $125,000 of 11 o’clock A. M. for $60,000 of 5 per cent Passaic County village bonds, to be known as the “ Second Water Bond bridge bonds. The securities w ill be of the denomination of Issue.” The loan will b e a r p . c. interest, payable semi-annu $1,000, interest w ill be payable semi-annually on February 1 ally on April 1 and October 1 at the Chase National Bank of and August 1 and the principal w ill mature at the rate of N ew York City. Either coupon or registered bonds will be $15,000 yearly from August 1, 1901, to August 1,1904, both in issued. They will bear date of August 1, 1896, and will clusive. The .bonds may be registered at the option of the mature August 1, 1926. purchaser. The bonded debt of the village at the present time iB $521,The official advertisement o f this bond issue will be found 600, and this amount includes $275,000 of water bonds and elsewhere in this Department. $85,600 of local street paving bonds. North Tonawanda's Portland, Me.— Temporary Loan.—Proposals w ill be re assessed valuation frr 1896 is $4,850,000. ceived at the office of the City Treasurer of Portland, Me., Full particulars regarding this bond tale will be found in until July 27, at 13 o’clock noon, for the discount o f city notes, to be dated July 31 and payable October 30, I 8 9 5 , withthe official advertisement elsewhere in this Defxirtment. NEW LOANS. N E W LOANS. N E W LOANS. 9* jHi 1 J U S , 0 0 0 5* 00,000 1 ^ 0 ,0 0 0 No rth T onawanda, N. Y., C I T Y of O R A N G E , N.J., Passaic County, N. J., 3?{% WATER BONDS. O W C Y 09 TOR BOAMD o r W N The o k t u a n d e n lm e d T a o s a w a y d w ill m t lr e m * . J u l y 14. 1*4*1. > 1 «4 p r o p o s a l* i t t h e i r o ffic e In t h e V il la g e o f N . r t b T o n a w a n d a . N . V , u n t i l J u l y 2 7 . I « * . a t 6 o 'c l o c k P . M . . th e M in e w ill he o p e iM N l, f o r th e at w h ic h fu rc h t M cf U rn # th e w h o l e o r a n y p e r t o f | l 2 a , O O O o l r e g i s t e r e d o r e o n tw in bonds is e d of by th e V illa * * o f N o rth C h a p te r p u rsu an t to 181 o f th e r e s o lu t io n s and o f p ro c e e d in g s 1C4. and had am i ta k e n b y th e B o a rd o f W a t e r C o a in la a lo n e r s a n d th e B o ard o f T ru ste e * of th e V illa * # of N o rth T o n a w anda. Thee* b o n d * ah aJ) b e k n o w n * a S e c o n d W a t e r B o n d in t e r e s t a t t h e r a l e o f b le * e m i-a n n u a lly In each F in a n c e C o m m itte e , u n d e r th e a u t h o r it y o f a r e s o lu t io n on w ill bear p a rt of t h e le t d a y o f A p r i l a n d O a t o - B a n k In t h e C l« y o f N e w y ear, a t th e C h aae N a tio n a l V o rk . T h e p rin c ip a l t o b e p a y a b le a t t h e u n e p la c e ih lr r y ^ jr e e r * f r o m A u r u i t » * t . 1*06 . n a m e ly A u g u s t th e C o m m o n $ 1 2 5 ,0 0 0 o f C o u n c il o f th e C ity of C o u p o n S e w e r B o n 1* o f th e c itr m a t u r i n e 1 9 1 5 t o 1921 i n c l u s i v e . ln t* re * t at 4 A 0 per c e n t p e r a n n u m , p a y a b le s e m i-a n n u a lly , m a y b e r e g is t e re d I f d e s ire d . S e a le d p r o p o a a l* o r b id # f o r s a id to th e F in a n c e e n d o rse d . C o m m itt e e o f “ P r o p o s a ls fo r th e 2 7 th P . M ., w h o w ill c e r t i fy of C it y ad d ressed o f O ra n ge, B on d *. C ity of th e C o lle c to r o f T a x e s N a tio n a l day Bond* th e Sew er O r a n g e ,* ’ w ill b e r e c e iv e d b y a t h is o ffic e . O r a n g e B ank J u ly . th e re o n B u ild in g , 1H96. a t 4 u n til o 'c l o c k th e ttm e o f th e ir re c e ip t b y h im . per cent per ann um , p a y a an d every of O r a n g e . I n r l t e a e a le d p r o p o s a ls f o r t h e w h o l e o r a n y M onday, l e o n e ; w i l l b e d a t e d A n s n s t l e t . 1 *06 . a n d ber. The T on aw an da. au th o r Law * BRIDGE BONDS. SEWER BONDS. TK K r u N M IlM IO N llU t , S a id p ro p o s a l* w ill s p e c ia l m e e t in g o f t h e at th e C o u n c il be p u b lic ly C om m on C h am ber, opened C o u n c il r a n fle ld at a to b e h e ld S tree t E n g in e H o u s e , o n T h u r s d a y , t h e 8 0 t h d a y o f J u l y . 18 96 , a t 8 o 'c l o c k 1*. M „ In th e p resen c e o f b id d e r s w h o m a y ch o o se to a tten d . l* r o p n w a )s m o i t • C a te t h e p r ic e p e r 9 1 00 o f s a id b o n d *. N o b id f o r a r o m le a * t h a n p a r a n d a r m e d In t e r e s t w ill b e e n t e r t a in e d . A l 1 M d a n .n *t b e a c c o m p a n ie d b y a n u n c o n d itio n a l c e r tifie d c h e c k o f « p e r c e n t o f th e a m o u n t o f b o n d * b id fo r , p a y a b le t o t h e o r d e r o f G e o r g e C . f l e n c h e d . T re a s u r e r B o a rd ..f W a te r ,v* a g u a r a n t e e o f g o o d fa it h o n th e p a rt o f t h e b id d e r, a n d th e s a m e s h a ll b e d e e m e d fo r f e it e d u p o n th e fa ilu r e o f th e b id d e r t o a c c e p t th e b o n d * w it h in a r e a s o n a b le tim e , a c c o r d in g t o t h e p r o v is io n * o f t h e b id . ' n e c k * w ill b e re t u r n e d a t o n c e i f b id * a r e n o t a c c e p te d . E a c h p r o p o s a l s h a ll « t a t * w h e t h e r t h e b id d e r d e d r * * re sta te re d o r c o u p o n b o n d * T h e r w h t I* r e f e r r e d b y t h i s B o a r d t o r e j e c t a n y o r a l l b i d * . I f , In t h e i r j u d g m e n t . t h e in t e r e s t ® o r t h e V i l l a * * o f N o r t h T o e a w a m l a r e q u i r e * It. a n d t h e y w ill a w a r d t h e h o n e » t o t h e b id d e r w b «** e p r o p o s a l th e y «h a il d e e m m oat f a r o r a b i * to th e v illa g e f M I « b o n d * w i l l b e r e a d y f o r d e l i v e r y S e p t e m b e r 1, l * w , a n d w i l l b e d e li v e r e d to . t h e p a r t y o r p a r i le * w h o «e b id * a b a ll b e a c c e p t e d o n p a y m e n t o f *u e h b o n d a t t h e o ffic e o f t h e B o a r d o f V v a t j r C o m m la « o n e r a In t h e V i l l a * " o r N o r t h T o n a w a n d a . o r t h e B o a r d o f W a t e r G > m m l** < > ‘ n e n w i l l , o n r e q u e s t o f tu rn h * « * r . d e li v e r «n !d o n d * In t h e C it y o f N e w Y o rk o n p a y m e n t to th e m o f th e e x p e n se # o f sn ob delivery. T h e b o n d e d d e b t o f th e V l1la * e o f N o rth T o n a w a n d a a t t h e p r e a e n t t i m e , i n c l u d i n g 927.*>,000 o f W a t e r B o n d # a n d |M5.#JDo l o c a l S t r e e t r a v i n * B o n d * . I* J A 2 I.A 0. T h e a a « e * » * d v a l u a t i o n o f t h e t a x a b l e re a l e s ta te o f t h e V illa g e o f N o r t h T o n a w a n d a , b y t h e r o ll* o f t h e y e a r I h i m <* $4. < • * > / * '" E a c h p r o M a l m u s t b o s e a le d a n d e n d o r s e d , “ P r o posal f r Second W ater B o n d Is s u e ." to ge th er w it h t h e a d d r e t w o f t h e b i d d e r , a n d e n d o w e d In a •e e o n d e n v e lo p e ad d r # * * * 1 t o B o a rd o f W a t e r C o n t r o l* * rtn era. N o r t h T o n a w a n d a . N . Y . b o a r d O F C O M M I8 *fO N K R .y . N o rth T o n a w a n d a . .V. V. W A T E R T h e B o n d s w ill b e a w a r d e d n o a w a r d w ill b e m o d e upon to (h e any v a lu e o f th e B o n d s a n d th e a c c ru e d S a id p r o p o s a l* m u s t b e h ig h e s t b id d e r b id b e lo w th e par In te re s t. a c c o m p a n ie d b y a c e r tifie d c h e c k f o r in p e r c e n t o f th e a m o u n t o f t h e p a r v a lu e o f t h e B o n d * b id fo r. a n d m ust s p e c ify th e bonds T h e B o a rd o f C h osen F r e e h o ld e rs o f Paasalo C o u n ty , N . J., b y its C o m m itte e o n F in a n c e an d A u d itin g , s o lic its s e a le d p ro p o sa ls f o r $60,000 B r id g e Bonds. T h e bonds a r e o f t h e d e n o m in a tio n o f $ 1 ,0 0 0 e ach , an d run ns fo llo w s : $15,000 d u e A u g u s t 1st, IDOL. $15,000 d u e “ l> t, 1902, $16,000 d u e “ 1st, 1903. $16.OC0due ** 1st. 1904. In te re s t ft p er c en t, p a y a b le s em i-a n n u a lly , p a y a b le on th e first d a y o f A u g u s t and th e first d a y o f F e b ru ary. T h e bon ds w ill b e s o ld a t n o t less th an par, an d w ill b e re a d y f o r d e liv e r y M o n d a y , A u g u s t 3d. T h e bon ds can b e r e g is te re d at th e o p tio n o f th e p u rch aser. P ro p o s a ls t o b e a d d ressed t o A . B. P ea rce. C lerk, a c co m p a n ied b y a c e rtifie d ch eck In th e sura o f $ 1 ,000 , c o n d itio n e d t o a c c e p t th e bon d s I f a w a rd e d . T h e p ro p o sa ls t o b e d e liv e r e d t o th e C lerk, a t R o o m N o . 1. second flo o r. S a vin gs In s titu tio n B u ild in g , on M o n d a y . A u g u s t 3d. a t 11 A . M.. a t w h ic h tim e a n d p lace th e bids w ill b e o p e n e d a n d th e bon ds a w a rd e d . G E O R G E F . F E L J E R S T E IN , C h airm an . A . B. p e a k c e . C le rk . $ 70,000 d e s ire d b y th e y e a r * o f m a t u r in g : A n d t h e s a id B o n d s w ill m a t u r e a a f o llo w s : Village of Geneva, N. Y., 1 9 1 5 - $ 2 0 ,0 0 0 1916- 2 0 .0 0 0 1917- 20.000 4% SEWER BONDS. 1018 — 20,000 1010— 15,0<)0 1920- 15.0< 0 1921— 1 6 ,0 0 0 $ 12 5,00 0 S a id B o n d s w ill b e r e a d y A ugust 9 , 1800. at fo r 12 o 'c l o c k d e liv e r y o n noon, at th e M onday. o ffic e o f th e C o lle c to r o f T a x e s o f th e C ity o f O r a n g e . T h e F in a n c e C o m m itte e re s e rv e s ih e r i g h t t o r e je c t a n y o r a ll b id s , n * m a y s e e m b e s t t o t h e m f o r ■reate o f the city. In c a s e «»f t w o o r m o r e b id s f o r a l a r g e r n u m b e r o f B o n d * th a n « h a t p ro p o s e d to b e Is s u e d m a t u r in g In a s p oe t(le d r e a r , t h e C it y r c s e r v e e t h e r i g h t o f d e li v e r y to th e b id d e r* o r e ith e r o f th e m o f b o n d * o f a n y s e rie s n o t ta k e n . A , A n y In fo r m a tio n w ith r e g a r d t o t h i s l o a n w ill be fu r n is h e d b y i . G . W I L L I A M S , C o lle c to r o f Taxes, upon a p p lic a tio n to him . B Y O R D E R OK T H E C O M M IT T E E O N F IN A N C E . S E A L E D P R O P O S A L S f o r th e purchase o f th e w h o le o r a n y p a rt o f a series o f bonds, a g g re g a tin g $70 ooo. Issued by th e B oard o f S e w e r C om m ission ers o f th e V illa g e o f G en eva . N o w Y o rk , u n d er th e a u th o r ity o l 'h e G e n e ra l V illa g e S e w r r A c t o f 1889, w ill b * re c e iv e d b y th e u n d ersign ed a t h is o ffice in *nld V illa g e o f G e n e v a . N e w Y o rk , u n til fo u r o ’c lo c k In th e a fte r n o o n o f J u ly 22d. 1896. Said bonds a re o f $1 ,0 0 0 e ach , a re d a te d J u ly 1st, 1 HP6 , and a re p a y a b le on J u ly 1st. 1910, and b ea r ln te re s t a t th e ra te o l fo u r p e r c e n t p er annum , p a y a b le <*n A p r il 1st. 1807. and each h a lf-y e a r t h e r e a ft e r ; prin cip a l and in te r e s t p a y a b le a t th e N a tio n a l B ank o f C o m m erce in N e w \ ork, in N e w Y o r k C ity . A ssessed v a lu a tio n , 1805. $5,197,046. P o p u la tio n . Census 1890, 7,557, P “'H alation n ow , e s tim a te d , 10,000. Tin* v illa g e has n o b on d ed d eb t. ... P ro p o s a ls to be m ad e u pon basis o r bonds w ith a c cru ed in terest. A c e rtifie d ch eck fo r fiv e p er c e n t O f th e a m o u n t o f th e bid w ill b e req u ired t o accom p a n y each bid. T h e rig h t t o r e je c t a n y o r a ll b id s is r e f»° A c o p y ^ th e form o f t b e bon d Win bo fu rn ish ed upon a p p lica tio n . D a t e d O K A V O K . J u l y 10 . 18 96 . ALPHEUS BTRUBLE, C it y C le r k . D ated G E N E V A N . Y ., J u l p_w w m T W E IX , V illa g e T re a s u r er. 7th. 1896. THE CHRONICLE. 126 out grace. The amount of the notes issued will be not less than $50,000 nor more thin 8100,000, and bids are asked for $50,000, for $75,000 and for $100,000. Itlploy. Ohio .—Bond Sale.—Oa June 6 $23,000 of 5 per cent village water-w o i ks bonds were sold to Messrs. Seisongood & Mayer, of Cincinnati, O., for $33,82$. Other bids received for the loan were as follows : CHitons' National Bulk, Ripley. O........ Rudolph KlcyboUo ,fc Co., Utaclauatl, O 8. Kuhn & Sun. Cloointmll, O ...... .......... 8. A. Kern, hleayo .......... ................. W, J. H ayes A Sons,C levela n d ........ .... Lamprecht Bros. Co., Cleveland............ $23,700 00 . 23,552 00 23,40 I 00 . 23,057 50 . 23,000 00 , 23,000 00 The securities are dated July 6 . 1898, interest will be pay able semi-annually, and the principal w ill mature in 30 years, with an option of call after 1 0 years from date, both principal and interest to be payable at tlt9 Merchants’ National Bank, Cincinnati, Ohio. Sumter Comity, S. C.—Bond Sale.— On July 0,1898, the Board of County Commissioners sold $15,000 of 6 per cent county bonds to Mr. E. P. Ricker of Sumter at 106 75. Only two other bids were received, both being for small amounts from local parties. Interest w ill be payable annually and the principal will mature in ten years. The bonds are to be ex empt from all taxation. Vicksburg, Mich.—Bond Offering.—Proposals will be re ceived until July 20 by F. A. Robinson, Village Clerk, for the purchase of $1 2 ,0 0 0 of 5 per cent water-works bonds and $3,500 of electric-light bonds. The water bonds w ill be pay able as follows: $4,000 in eight years from Aug. 1,1896; $4,000 in twelve years from Aug. 1,1898; $4,000 in twenty years from Aug. 1, 1896; and $1,000 of the electric-light bonds will be payable in three years from Aug. 1, 1896; $1,000 in five years from Aug. 1, 1896; $1,500 in ten years from Aug. 1, 1896.” The Village Clerk states that Vicksburg is an incorporated village of 1,200 inhabitants, situated in Kalamazoo County, Mich., at the junction of the Grand Trunk Ry. and Grand Rapids & Indiana RR. Its last assessed valuation wa 3 $326,680, with no indebtedness whatever. Washington, 111.—Bond Offering.—Bonds of this place will be sold by Chas. Koker, City Clerk, for the purpose of extending the water mains. N E W LOANS. [ V o l . L X III, STATE AND CITY DEBT CHANGES. W e subjoin reports as to municipal debts received since the last publication of our S t a t e a n d C i t y S u p p l e m e n t . Some of these reports are wholly new and others cover items of information additional to those given in the S u p p l e m e n t and of interest to investors. D etroit, Mich.—II. 8 . Pingree, Mayor. The follow ing statement of Detroit’s debt has been corrected by means of the official report of City Comptroller F. A. Blaies for the year ending June 30, 1896. The total net debt as given below for this year includes the net special debt for street paving, as the Ohio Legislature of 1895 amended the Stre-t Paving A ct to make the street paving bonds run against the city’s bonded debt limit. Previous to August, 1895, the street pav ing bonds were not included in the reports of the city’s net debt. It should be mentioned that $50,000 of public improve ment bonds and $30,000 of public lighting bonds which are listed in the table of loans are not included in the figures of total debt, as they bear the date of July 1, 1896. LOANS— W hen D u e. B o o i . e v .v r d I m p . B o n d s — 4s. J&.J, $ 2 0 0 ,0 0 0 ....J u ly 1,1921 4s, M A S, 200,000___Sept. 1, 1922 4s, M A N , 100,000 . ..N o v . 1, 1923 P a r k and B o u l e v a r d B on d s— 4s, M AS, $100,000 ...S e p t. 1, 1921 4 S .J A J , 105,000..J u ly 15, 1922 4 s ,...... 25,000.................. 1924 P a r k I m p r o v e m e n t B on d s— 4s, M A S, $100,000....M a r . 1, 1920 4s, A A O , 1 0 0 ,0 0 0 ....A pr. 1,1921 4s, F A A , 1 0 0 ,0 0 0 ....Aug. 1, 1922 4s, J A J, 1 0 0 ,0 0 0 .... Jan. 9, 1924 P u b l ic I m p r o v e m e n t B o n d s— 4s, F A A ,$100,000 A ug. 1, 1899 4s, JAJ, 50,000 J u ly 1, 1926 3-65s, J A J , 100,000 Jan. 1, 1918 3123, F A A , 30,000 Feb. 1, 1911 3 l,8, J AD , 100,000 Dec. 1, 1916 3hjs, J A D , 270,000 Dee. 31, 1916 P u b l ic L ig h t in g B o n d s — 4s, J A J , $6 00 ,0 0 0 .... Jan. 2, 1924 5s. J A J 5 0 ,0 0 0 .... J u ly 1, 1926 P u b l ic S e w e r s — 6s, J A D , $ 3 5,000 ..June 1, 1897 4s, J A D . 200,000.. June 1, 1918 s One o f the In vestm en ts o f the si P is , 4s, 4s, 4g, 4g, 4s, LO AN S— When Due S h iv e r s —(Co n t o A A O , $ 2 6 0 ,0 0 0 ..Oct. 1 ,1 9 1 9 J A J , 240,000.. J u ly 1, 1920 A A O , 500,000.. A p r. 1 ,1 9 2 2 M A S , 2 5 0,000 ..M ar. 3, 1924 F A A , 160,000.. Fell. 1, 1925 M AS, 9 0 .0 0 0 ..M ar. 2, 1926 3 ^ s , AAO, 1 0 0,000 ..Oct. 1, 1906 Sc h o o l B o n d s — 4s, A A O , *1 5 0 ,0 0 0 ...O c t . 11, 1911 4s, A A O , 4 5 0 ,0 0 0 ...A p r . 2 ,1 9 2 4 4g, F A A , 1 5 0 ,0 0 0 ...Fell. 1,19 25 W a t e r B o n d s is s u e d b y Com m is s io n e rs on c i t y ’ s c r e d it— 7s, F A A , $ 1 0 0 ,0 0 0 ....F eb . 1, 1900 7s, F A A , 5 0 ,0 0 0 ....A u g . 1, 1902 7s, F A A , 50 ,0 0 0 ... .A u g. 1 , 1903 7s, F A A , 4 1 ,0 0 0 ....Feb. 1, 1904 7s, F A A , 2 4 4 ,0 0 0 ....Aug, 1, 1904 7s, J A D , 149,000 J u n e l, 1905 6s, J A D , 1 9 9 ,0 0 0 ....J u n e l, 1906 4s, J A D , s5 0,000 ... .Dee. 1, 1896 4s, A A O , slOO.OOO___ A p r. 1, 1897 4s, M A S , * 1 0 0 ,0 0 0 ....Sept. 1, 1899 4g, J A J , 100,000___J a n .1 0 ,1925 u b l ic ik in g fund. N E W LOANS. N E W LOANS. BONDS. COMMONW EALTH M A S S A C H U S E TT S GOLD BONDS. M U N IC IP A L BONDS FOR INVESTMENT. P A R T IC U L A R S UPON A P P L IC A T IO N . J I a r i e t t a , O h i o , I m p r o v e m e n t ............. C h a r l e v o i x , M i c h . , R e f u n d i n g ............. R i c h m o n d , I n d . , F u n d i m r ...................... •J8 D e a r b o r n C o u n t y , In d. , Funding:........ T e r r e H a u t e , I n ., F u n d i n g ................ 4$ Richmond, Ind., S treet Im p r o v e m e n t 6s M i t c h e l l , I n d . , K l e c t r i c - L i f f h t ............... 6s Y fl u n a s t o w n , O h i o , I m p r o v e m e n t ....... 5m HIuIIton, O h i o . W a t e r ................................... Bond H i l l , O h i o , W a t e r ............................... X e n i a , O h i o , F u n d i n g ......... ..................... 4 : F i o n a , O h i o , W a t e r .................................... 4 ' M i d d l e t o w n , O h i o , W a t e r ........................... C o r s i c a n a , T e x a s , S e w e r ............................ A s t o r i a , O r e g o n . ( G o l d ) , W a t e r ........ L a u r e l, M d ., s t r e e t Im p ro v e m e n t... 5ts FOR SALE a r $50,000 Coupon 3>£%, 1913, Rudolph Kleybolte $275,000 Keg. 3%, 1915, $200,000 Reg. 8%, 1935. • £ * - 2 0 0 ,0 0 0 D E A L E R S IN COM M ERCIAL P A P E R , GOLD COIN. W rite for prices of these and other choice gold investments. STATE Blake Brothers & Co., 2S S T A T E S T R E E T , BO STO N . E. H. GAY & CO., 5 N A S S A U ST., N E W BOSTON. N EW GOLD LOAN. ^ 2 0 0 , 0 0 0 CITY \v OFater KINGSTON, N. Y. P rin cip al mxl In terest payable in Gold Coin in N ew Y o rk , inntnrinsr J u ly, 1927, to Ju ly, 1936. * Uonds ready for d e liv e ry a fte r J u ly 1, 1896. F u rth e r p articu lars and price,'upon ap p li cation. I arson, Leach & Co., 2 W ALL STREET. OF UTAH Gold 4% 20-Vear Bonds. D A TE D J U L Y 1. 1896. L E G A L FOR N E W Y O R K SA YIN G S BANKS. PR ICE ON A P P L IC A T IO N . FOR SA LE B Y YORK' E D W D . C. J O N E S CO., 121 C H E STN U T ST R E E T . P H IL A D E L P H IA . BOSTON, CHICAGO & PHILADELPHIA •31 Devonshire Street, Co. C IN C I N N A T I . O. STOCK EX CH AN G ES. Priacipal and Interest specifically payable in & BANKERS, M EM BERS OF TH E NEW Y O R K A N D BOSTON M ills & B lan c h a r d , BANKERS. MUNICIPAL BONDS GOVERNMENT Bought and Sold. N W. H A R R IS BOUGHT A N D SOLD. and M U N IC IP A L BONDS D evon sh ire B u ildin g, 16 State Street, B o sto n , 80 B R O A D W A Y. N E W YO RK 8c CO., BANKERS ass CHICAGO. BOSTON. P H IL A D E L P H IA . 15 W , 1,1. S T R E E T . NEW Y O R K . Blodget, Merritt & Co., W. J. Hay es &c Sons, BANKERS, BANKERS, DEALERS IN MUNICIPAL BONDS 16 Congress Street, Boston. STATE H T Y & RAILROAD BONDS Street Railway Bonds, and other high-gradem vestments. BOSTON, MASS., C levela n d , Ohio, 7 Kichange Place. 311-313 S u p erio r St Cable Address “ K E W N E TH THE CHRONICLE. J u ly 18, 1886.] INTEREST is payable in N ew Y ork City at the current official bank, •r at the office of the City Treasurer, except on market bonds, interest on which is payable in Detroit. TOTAL DEBT, SINKING FUNDS, E t c . — The subjoined statement shows Detroit's total municipal debt, the sinking fund held by the city against the same, and the water debt, on the dates named. July\.'9G . July 1,'95. July l , '94. July 1,'93. General bonded debt Jftl,915,000 $4,825,000 $4,461,000 $3,156,500 Sinking funds........... 1,376,517 1,223,203 1,101,706 979,067 127 The tax rate inoludes the city tax, the school tax and the police tax. DEBT LIMIT —The charter lim it o f bonded debt is two per cent of assessed valuation. P O P U L A T IO N .—In 1890 population was 205,876; in 1880 it was 116,340; in 1870 it was 79,577. Population in 1894 was 237,835. The Comptroller calls attention to the fact that the net debt has been reduced $131,325 during the fiscal year just closed, while the cash balance in the treasury has increased Net general debt. .$3,538,483 $3,601,797 $3,359,294 $2,177,433 N et speoial debt....... 289,847 357.839 ................................ $83,649. He makes the following remarks in regard to the sinking fund, the city’s credit, and disposition of maturing Total net d eb t... .$3,828,330 $3,959,656 W aterdbt. (additlonT)$l,183,000 $1,183,000 ........... $1,229,000 bonds: The outstanding bonds o f the Water Commission, amounting to “ As the sinking fund is the source from which the citizen $1,183,000, Issued on the faith and credit of the city, are not included taxpayer expects relief in the payment of all the bonded in by the c ity in its statement o f bonded debt, as the receipts from water debtedness of the city (except the bonds of the Water Board assessments and the anuual appropriation o f $75,000 for sinking and and the street paving bonds), the growth of this sinking fund interest funds, as required by law, w ill be sufficient to redeem all out i3 a matter of pride and assurance to every citizen. During standing bonds at maturity. the fiscal year of 1893 the sinking fund increased $122,639 51; The sinking fund consists of cash and city bonds. during 1894, $121,497 52, and during 1895, $153,313 10. This The follow ing shows the city's total funded debt, and sinking funds ratio, or net increase, w ill continue from year to year, except in such years as the proceeds of the fund shall be used to pay at different periods. Month and Tear. O ron Debt. Sinking Fund. Net Debt. off maturing bonds. A careful computation has shown that 1895. July 1..............$4,825,000 00 $1,223.203 00 $3,601,797-00 this sinking fund, as at present administered, at the end of 1894, July 1............. 4,461,000-00 1.101,706 00 3.359,294-00 thirty years, or on the maturing of the last city bond now 1893, July 1............. 3,156.500-00 979,067 00 2.177,433 00 issued, will pay off the last bond and leave a cash balance in 1890, J n l y l .............. 1,634,500 00 745.274-24 889,225-76 528.627-80 831,772-20 1880, July 1.............. 1,360,400 00 the treasury of over $3,000,000. 1875, Feb. 1 ............. 1.081.900-00 121.285-64 960,614-36 “ The public estimate of the credit of the City of Detroit 1870. April l ............. 704.283-73 37,252-89 667.030 84 CITY P R O P E R T Y —The city owns property free from ail encum was seen when we opened bids on the first day of June, 1896, for $100,000 of 30-year city bonds, at 4 per cent, payable in brance which was valued on January 1, 1895, at $18,756,319. ‘ ‘ Lawful money of the United States;” we had bid a premium ASSESSED V A L U A T IO N .—The city's assessed valuation (about of $110,079. \ actual value) and tax rate have been as follow s in the years named: “ The only bonds falling due during the coming fiscal year -Aenrngetl Valuation. Tax Rate w ill be $.i «,000 of public sewer bonds, which are our last bonds Total. Personal. per 81.000 Heal. Teare. bearing 6 per cent interest. There is in the sinking fund $209,586,330 *37,031,820 1995 ♦ 162.5M.510 $15-70 209,151.220 47.N67.510 15*77 1894.. 161.283.710 $150,000 of public school building bonds that were made pay 199,679,210 41.627,310 1516 1893 . 158,051.900 able in twenty years from date of issue, or at any time after 35.551,430 18 1,927,130 16*63 1892 . 149,372,700 five years from date. As the five year limit will expire on 175,450,310 136,026,640 30,423,670 1891 16-78 161,828.570 15*73 Oct. 1, 1896, I recommend that these’ bonds be canceled, and 123.391.610 38.436.960 1890 156,505,790 39,062,650 14*29 1889.. 117.453.UO the city debt be reduced that much, and the amount required 152,299.140 39,55 8, * 40 13*10 1888.. 112.740.300 for the annual interest, $6,000, be eliminated from the tax 116,249,945 28.713.300 10*77 1885.. 87,536,645 levy.” 84.363.790 64.556.OH5 19.807,705 n -83 1880.. N E W LOANS N E W LOANS. M U N IC IP A L BONDS. E. C. STANWOOD & CO.. M IS CELLANEOUS. C. H. White & Co., BANKERS, 7-J B R O A D W A Y . N E W Y O R K . BANKERS, BU Y AND S E L L 121 Devonshire Street, M u n ic ip a l and F irs t M o r tg a g e R a ilro a d B o nd s. BOSTON. iI8 T8 ON APPLICATION* L IH T W H U N T l TPOW A P P L I C A T I O N W. N. Goler & Co., B A S K F .lt* . MUNICIPAL BONDS. 34 N A S S A U S TR E E T James N. Brown 6c Co., B AX K K H * C ed ar S treet, - - 2 NEW M U N IC IP A L . C O U N T Y , SC H O O L T O W N S H IP __ B O U G H T YORK. A N D BO ND S AND SOLD. C. H. Van Buren & Co., FO R SALE BY MASON, LEWIS Sc CO.f 31 S t a t e S t.. B O STO N. BANKERS, 171 L a S a l l e S t., C H IC A G O . WHANN& SCHLESINGER M U N IC IP A L YORK S T O C K S . B O N D S A N D IfIC il-O K A D E IN V B B T M K N T H E C U fU T IK a . C i r c u l a r l e t t e r . I n c l u d i n g lin t o f s e l e c t e d B o n d s . M u lle d F r e e . SAFE INVESTMENTS. City of Boston............................... 4s City of Newton, Mass..................... 4s City of Manchester, N. i t ...............4s City of Medford, Mass................... 4s City of Lawrence, Mass.................. 6s City of Holyoke, Mass. (Gold) .. .4s City of Los Angeles, Cal, (G o ld ).. 4J^$ City of Pawtucket, R. I. (G o ld )---- 5s Newport, Vermont (G o ld )............. 4s Mendon, Vermont (G o ld )...............4s Old Colony Railroad Co. (G o ld ).. .4s New York & Pennsylvania Tel. & Tel. Co. (G old) 1st mort............. 5s E. H. ROLLINS & SONS, !)«*«• M oini% In.. S ch ool.................... -INi* >1UNkfKon, M irli., Funding.................... 3* Aulilnml. W in., Funding........................ 3** B urlington. W in., S ch ool....................... 5 » W atnrkn, III., School ............................ 3 « Hock Knpidn. lit.. School ...................... 3 » •Mu-rum n Texan, Funding...................... 6* Fondn, In.. W a t e r .......... T....................... B A N K E R S AND BR OKERS, 62 B R O A D W A Y , N E W INVESTMENT BONM BO ND S. 53 S T A T E ST .. B O S T O N . M A S S . W E OFFER A LARGE, developed, equipped and pro ducing Gold Mine, with excep tional natural advantages for the economical mining and milling with water sufficient to furnish power. The ore is free milling, averaging $8 per ton over the plates and can be mined and milled for less than $1.50 per ton. The mine has “ore in sight” to the net value of many times the price of the property. The title to the property is per fect and free from debt and as sures to investors large and continuous returns. C o rre s p o n d e n c e in v ite d . •J W A L L STREET, NEW A. C. FROST & CO., YORK. SEND F O R L IS T City and County Bonds. DIETZ, DENISON & PRIOR, 33 C O N O R S ** S T R E E T , - BO STO N. 10 9 S u p e r io r S tr e e t, C le v e la n d , O. M in in g D e p a rtm e n t o f D B A TASKS I N M U N I C I P A L B O N D S , B e n w e l l & E S c tie rm e rh o rn B u ild in g , v e r it t , 0 W A L L ST, M U N I C I P A L I8 8 U B H I N T H E 8 T A T E H O F N F W YO R K & N E W JERSEY A S P E C IA L T Y 10 8 DA SADDE STREET, C H IC A G O THE W A L L STREET JOURNAL gives valuable information daily on stocks and bonds gr, a year. Dow. Jones & Co., 44 Broad street THE CHRONICLE. 128 fflm iu c ia l. [V o l . L X IIL Insurance In s u r a n c e . obfiOE R E A I> Y (J U L Y O F F IC E OF TUB lO . ATLANTIC MUTUAL HAND-BOOK New York Life OF RAILROAD SECURITIES. Insurance Company. P R IC E S , D E S C R IP T IO N , D IV ID E N D S , IN C O M E . FOR A SERIES OF YEARS. A NEW feature will .bel Incori orated in thisjssue Inaddltion to tne monthlylrecord o f prices, we give JANUARY the>tghe8t and lowest prices for eachjyear from 1, 1896: 1890 to 1895, inolusiTe.| for allKbondsjand alsolall 93 L IA B IL IT IE S T 6 ts P in e S tic e * , 150,758,312 65 - ■ $24,038,677 89 ■ COMPANY, « W YOBK ................... INCOME, - $87,892,205 56 • * Now Insurance Paid J. Spencer Turner, 1 SUCCESSOR TO J B r in c k c r lio ll', T u r n e r & Co., fo r in 1895, * • - $127,492,555 00 P aid fo r Insurance in Force, - - $799,027,829 00 M A N U F A C T U R E R A N D D E A L E R IN C O T T O N SAIL DUCK A N D A L L K IN D S OF O T T O N C A N V A S F E L T IN G D U CK. C A R C O V E R IN G B A G G IN G . R A V E N S DUCK. S A IL T W IN E , & C„ P O P E “ A W N I N G ” S T R IP E S . AG E N T * N o p o licy or sum o f Insu ran ce is included in this statem ent o f n ow business o r insurance in fo rc e ex cep t whore the firs t prem iu m there for, as provided in the con tra ct, has been paid to the Com pany in cash. UNITED STATES BUNTING CO. A lu ll supply, a ll W id th s an d C olors, a lw a y s in •stock. 109 Dunne Street, New A ork. Bank and Trust Company Stocks ;[New York and Brooklyn’ f- / JOHN A. McCALL, [B O U G H T A N D S O L D . C LIN TO N G IL B E R T ' 9 W ALL ST.. A N D R E W S P r e s id e n t . O F F I C E A N D R E W S M A N U F A C T U R I N G CO. Bunk and Office Fittings. Fine Brass Work. Specia1 designs on application. HENRY TU C K , V ic e - P r e s id e n t . SEND FOR CATA LOG VIC. A v e ., N e w Y o r k Cltv. SECURE BANK VAULTS. Archibald H. Welch, 2d Yice-Pres’t. George W. Perkins, 3d Vice-Pres’t. Edward N. Gibbs, Treasurer. Rufus W. Weeks, Actuary. Hugh S. Thompson, C om ptroller. QENUINE Charles C. W hitney, Secretary. W E L D !I) CHROME STEEL AND IRON Round and Flat Bar. and S-plv Platesand Angle FOR SAFES, VAULTS, A c. Cannot be Sawed, Cut 'o Drilled, and positively Burg I roof C U K O .Y IE STEEL W ORKS, Kent Ave., Kea p & Hooper Sts., Sole M a n !’er. m the U. S. B K O O K L Y N , N , V , Th e C om pany has the fo llo w in g A ssets, viz .: U n ited States and C ity o f N e w Y o r k Stock: C ity B an ks and | Other S tock s............................. $8,059,105.00 L oa n s secu red b y Stocks and o t h e r w is e .................................. 1,216,500.00 R e a l E s ta te and Claim s due the Com pany, estim ated a t .......... 1,000,004.90 P rem iu m N o tes and B ills R e c e iv a b le ..................................... 896,431.88 Cash in B a n k ............................... 202,518.33 A m o u n t.................................. $11,374,560.11 S ix p e rcen t in teres t on th e ou tstan d in g certifica tes o f p rofits w i l l b e p a id to the h olders th ereo f, or t b e ir le g a l rep re se n ta tives , on and a fte r Tu esday, th e fo u r th o f F e b ru a ry n ext. T h e ou tstanding ce rtifica te s o f the issue o f 1890 w ill be red eem ed and p a id to th e holders th ereo f, o r th e ir le g a l rep re se n ta tives , on and a fte r Tu esday, the fo u rth o f F e b ru a ry n e x t, fro m w h ich d ate a ll in te re s t th ereo n w ill cease. T h e certifica tes to be produced a t the tim e o f p a y m en t and canceled. A d ivid en d o f F o r ty p e r cen t is d e cla red on the net earned prem ium s o f th e C om pan y fo r the y e a r en ding 31st D ecem b er, 1895, fo r w hich ce rtifica tes w i l l b e issued on an d a fter Tuesday, the fifth o f M a y n ext. B y o rd er o f th e B o a rd , JT. NEW YO R K . DESKS. 70 F ifth Dosses pa id d u rin g tbe same p e r io d ..................$1,218,407.55 Returns o l Prem iu m s and E x p en ses........... $603,415.82 SURPLUS, W ILLIA M . B. DANA T o ta l M a rin e P re m iu m s ............ $3,650,023.83 $174,791,990 54 ASSETS, 8100 T o S u b s c rib e rs o f t lie C h r o n ic le . Special Rates for Quantities. N e w Y o r k , Ja n u a ry 21, 1896. T h e T ru stees, in c o n fo rm ity w ith th e C harter o f th e C om pany, su bm it th e fo U o w in g state m en t o f its affairs on the 31st o f D ec em b e r, 1895: Prem iu m s on M a rin e R isks fro m 1st Janu ary, 1895, to 31st D ecem ber, 1895....................... $2,622,872.4=2 Prem iu m s on P o lic ie s n o t m arked o ff 1st January, 1895 1,027,151.41 Prem ium s m ark ed o f f fr o m 1st January, 1895, to 31st D ecem ber, 1895.................................. $2,540,748.83 atocks sold cn the.'New York Stock Exchange. P r ic e In B u ff E e n t h e r C o v e r s , I NSURANCE CO. H. CH APM AN, S e c re ta ry . TRUSTEES: W. H . H . M oore, A . A . R a ve n , Joseph H . Chapman, Jam es L ow , Jam es G. D e F orest, W illia m D eg root, W illia m H . W ebb, H ora ce G ray, C hristian de Thomsen, Charles P. Burdett, H en ry E. H a w le y , W illia m E. D od ge, G eo rge Bliss, Jolir. L . R ik er, C. A . H and, John D. H ew le tt, G ustav Am sinck, N. D en ton Smith, Charles H . M arsh all, Charlesi-D. L e v e rie h , E d w a rd F loyd-J on es, G eo rg e H . M acy, L a w re n c e T u rn u re, W a ld ron P. B row n , A n son W . H ard* Isa a c B e ll, Joseph A go stin i, V ern o n H . B row n , L ea n d er N . L o v e ll, E v e r e t t F razar, W illia m B. B ou lton . G e o rg e W . Q u intan^ P a u l L, Th ebau d, John B. W oodw ard, G eo rge C oppell. W . H. H. M OORE. P r e s id e n t A . A . R A V E N , T i c e - P r e s 't . F . A . P A R S O N S , 2 d V i c e - P r e s 'L