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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
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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.
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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.

~

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99

119

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11

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1•: 7
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' 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

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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

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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

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th e

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of

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N a tio n a l
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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.

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S a id

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w ill

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at

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th e

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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