The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
July-"
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AND
Quotation Supplement (M ) Street Railway Supplement
on%
Investors Supplement (Qa rly State and City Supplement
urte )
( B n to ie d a c c o r d in g t o A o t o f C o n g re s s , i n t h e y e a r 1 8 9 8 . b y 't h e W il l ia m B . D a n a C o m p a n y , i n t h e office o f t&© L i b r a r i a n o f C o ngress*
SA TU R D A Y , JU L Y 2 1898.
VOL. 6-7.
Week ending Ju n e 25.
%he dreow icle.
P U B L IS H E D
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Terms of A dvertisings—(P e r in ch Space.)
T r a n s ie n t m a t t e r ................... $ 3 5 0 | T h r e e M o n th s (13 tim e s ) ..$ 2 5 00
SIASDINO BUSINESS CARDS.
S ix M o n th s
(2 6 “
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(8 tim e s ) .. 1 8 0 0 | T w e lv e M o n th s (5 2 “ ).. 5 8 00
L o n d o n A g e n ts ;
M e ssrs. E d w a r d s & S m it h , 1 D ra p e rs ' G a rd e n a , E . 0 ., w ill t a k e s u b
s c r ip tio n s a n d a d v e r tis e m e n ts , a n d s u p p ly s in g le c o p ie s o f t h e p a p e r
a t la . each.
W I L L I A 5 I B . D A S A C O illP A N V , P u b l i s h e r s ,
B in e S tre e t, C o rn e r o f P e a r l S tre e t,
NEW
YORK.
CLEARING H OUSE RE TU R N S.
The following table, made up by telegraph, eto., indicates
th a t the total bank clearings of all the clearing houses of
the United States for the week ending to-day, July 2, have
been $1,340,669,464, against $1,127,619,593 last week and
$1,258,886,018 the corresponding week of last year,
CLEARINGS.
R eturns by Telegraph.
W ilm in g to n -....
B ingham ton. ...
T o tal M iddle..
„
*
655.289,837
65.Oi3.0C6
21,810.580
I5.45\7i5
3.930,567
1,924,907
1,5*8,203
1,170,208
907,090
691,407
342,8 0
768,097,080
1898.
1897. . P. Oent.
$
537.998.173
+21*8
57,810,578
+ 126
14.937,195
+46*0
18.-r'40,t?7
+15 8
3.908,911
+0 7
1,831,059
+5*1
1,318,716
+17*4
856,314
+37*7
739,913
+22 7
5U7.732
-t-10 2
201,100
+3 13
+212
633.594,407
B oston......... .
providenoe............ .
H a rtfo r d ... ............
New H a v en . . . . . . . .
Springfield............. .
W orcester.............. .
P o rtla n d ..................
Fall R i v e r ..........
L o w e ll............. .
New B e d fo rd .......
T o tal New Hug.,,
92,534.987
4,761,100
2,033,98 i
1.372,305
1.357,749
1,286,067
1,316,771
605,190
701.*229
482,007
106,511,990
93,183.824
4,710,000
2,026.854
1.257.619
1,229,4'Jf
1.35 ],793
1,233 0 o
789,527
498,234
435.1 09
100.615,991
— 0*7
+11
+0 4
+9 1
+10 4
+2*8
+0 7
-1 5 7
+40?
+10 7
+0*1
Chicago........... .
C in c in n a ti...........
D e tr o it.. . . . . . . . . . . .
C le v e la n d ... . . . . . . .
M ilwaukee..........
Coin mb n t . . . . . . . . . .
In d ia n a p o lis ..........
P e o ria ......................
Toledo.....................
G rand R a p id s .....
DaytOD............. . . . . .
L e x in g to n ...............
K a la m a s o o ...........
A kron ................
Bay City.........
R o c k f o r d ..............
Springfield, O hio...
C an to n ....................
Youngstown*..........
Evansville*.............
T ot. M id. W est's
98 689,791
13.484, mo
6,054 SO1
7,048 788
4.756.704
8,000,00**
3.494.111
1,715 736
860,223
767,003
374,333
306,134
30 .SOU
210 493
2*8,611
151,100
212,52M
833.55R
762,786
143,004,690
78,431,002
12,220,050
5.H9 968
6,lo7,90"
3.800,8-0
3,100,0 0
2.4^4.105
1,210,631
1,370,350
049.761
570,239
202,098
211.061
281,600
H I 571
207,511
181,121
175,814
+25 8
+10*3
+17*6
+25*2
+23 0
-3*2
+101
+23*5
+26*3
+32 5
+33*8
+42 6
+9*3
+62*9
+15-0
— 16*5
+30 9
1890.
1895.
$
490,1*0.553 583,495,061
59,918,07 2
76,068,718
15.36°.472
15 914,777
13,010,997
12 824,406
3.860.302
8.960,693
1.622,818
1,496,745
1,488.027
1.318,893
1.0H0.90S
901.786
817,077
885,449
694,64f
0S0.774
267 900 ____ 663,S00
588,092 330 700,867,096
80.025.737
65,225.804
4,204,500
4-P62 300
2 192.229
1.992 606
1,227,2 9
1.305,831
1,395.35
1.288,185
1,31 ’,475
1,840,609
1,193,874
1,116 889
705,878
776.787
654.364
880 253
381,990 _____433,121
93,288,082 109,270.834
82.509.448
88,070.295
11.830,760
13,413.850
5.170.8*5
5,366.983
6.1 0h 195
5,698,976
4.687,425
4.681,772
2,736,500
3,473 300
1.946 770
1,828 815
1,404,48f
1.631 289
1,272,742
732 072
742,574
570,022
258.342
244,749
232.680
381,311
214 60C
266,178
269,777
358,668
2*3.730
216 334
138 3i5
180.544
149,903
161.121
110,001,794
+22*0
120,034,002
Ban F ra n c iio o ...
8 a lt L ake C ity...
P o rtla n d .............
Los A n g e le s ...,.
H e le n a ...........
T a c o m a .... . .. .. .
S e a ttle ...............
S p o k a n e ..., . . . . .
Fargo...................
S lo u r F a lls ........
T otal Pacific^.
12,243,441
1,530,496
1,320 008
1,188,932
552,804
01O.H64
1,191,827
818.H70
205,380
83,554
19,786,881
10.001,597
1,374,642
1.OO9.M10
900 119
450,000
500,012
580,957
554,720
143,0 9
53,767
15,035,412
+22*4
+118
+23A
+3 2T
+22*8
+20*0
+103*6
+47 6
+48 8
+55*4
+2o*5
9,985,997
1.143.46S
933 913
1,0*6,890
544.807
62 < ,1 3
5 :0
577,966
380 704
109.496
74,009
15,469,818
K ansas C ity ...,...,
M inneapolis.,.. ....
O m aha.........
8t. P a u l..................
D e n v e r ...,..........
D a v e n p o rt............
St. Joseph .............
Des M o in e s .........
Sioux C i t y .. .. .. .. ..
L in c o ln .. . . . . . . . . . . .
W ichita..................
Topeka....................
F re m o n t..........
H a s tin g s .................
T o t. o th e r W est.
10,581,762
6,100.909
0.254.798
4.128.483
2,181,£87
759,114
2,981.119
1,075,000
739,542
352,131
447.148
421811
69,409
107,411
82,216,014
+36*1
7,730,331
+7 3
5,754,878
+42*8
4.886,003
3-904,089
+ 6'Z
-3*3
2,245 908
+190
637.C02
1,068.202 +179*1
+34*4
800,000
+39-8
530,905
320,3’ A
+ 11*3
401,780
-11*9
478,948
+ 135
61,158
+19 0
90,258
+27*4
28,427,876
7,903,263
5,031,065
4.617,011
4.613,755
1,926,293
479.398
925.005
809,083
309.380
304,064
381,982
299.832
69.206
08.021
28,406,908
St. L o u is ................
New O rleans...........
L ouisville................
G alveston................
H o u s to n ..............
S a v a n n ah ................
R ic h m o n d ............
M em phis..................
A tla n ta ...... .............
N ashville... . . . . . . .
N orfolk....................
F o rt W o rth .............
A ugusta........... ...
B irm ingham .......... .
K n o x v ille ...........
L ittle R o c k ............
J a c k s o n v ille .... ...
C hattanooga.......... .
M acon...-.................
T o tal S o u th e rn ..
25.439,705
5,936.325
6.122.440
2,451,900
2,350.000
1,602.709
2,984,706
1,176/ 00
934,800
723,148
909,600
820,000
681 203
414,105
416.718
245,313
177,061
287,586
480.000
64,003.934
22,303.751
5.201,284
5.592,6*2
1,001,100
1,798.542
1,560,418
2,038.000
1,614,320
1,122 023
706,159
701,183
543.799
520,30ft
354,530
487,210
220,069
161,172
239,441
453,000
47,407,479
+18*8
+ 12*8
+9*5
+52*8
+30*7
+2*7
+ 40*4
— 37*1
-16*7
— 6*6
+19*5
+61*0
+10-6
+10*8
— 14*5
+83
+14*8
22,047,238
6.721.805
6,858.800
1,961.852
1.089,999
1,781,545
3,422,928
1,305.186
935,653
682,102
830.205
594 824
425,000
891,064
—o1
+13*8
18,877,083
6,050,179
4,880,866
1,425.850
1.612.231
1,299.387
2,023,941
1,009.500
836,405
862.937
921,311
620,184
430,000
346,430
427+23
230,096
220,241
189,593
43,820,706
48,880,738
T o ta l a l l .. .......... 1,127.619,595
O utside N. York. 472,328,728
948,403,018
+18 9
W EEKLY.
P o st o m e n B o x 9 5 8 .
Week Ending Ju ly 2.
1898.
NO. 1723
1897.
Per Cent.
N ew Y o rk -....... ........................
B o sto n ........... ......... ...................
P h i l a d e l p h i a .. .. .. .. .. .. .. .......
B altim o re ..................... .............
C h ic ag o ....... ...............................
St. L o u is ..—................- .............
New O rle a n s......................
$642,924,105
84,621,286
68,368,358
16,811,148
89,503,392
22,495,794
4,584,708
£628,313.005
101.387,571
57,189,940
14,846,842
77,246,009
20,074,472
4,375,019
+2-3
+10*5
+18-1
+13*2
+15*9
+12*1
+A*8
Seven c ities, 5 d a y s ..........
O th er cities, 5 d a y s..................
8927,308,771
155,982,747
$903,432,918
140,307,413
+2*8
+11*2
T otal all cities, 5 d a y s ___
All cities, I d a y .......................
£1.083,271,518
257,397,948
$1,043,640,331
212,745,687
+3*8
+21*0
T otal all c itie s fo r w e e k ..
S I,340,669.464
$1,256,380,018
+0*7
The full details of clearings for the week covered by the
above statem ent will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses a t noon on Saturday, and
hence In the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday n ight#
We present below our usual detailed figures for the pre
vious week, covering the returns for the period ending with
Saturday noon, June 25, and the results for the corresponding
week in 1897,1896 and 1895 are also given, Contrasted with
the preceding week, there is a decrease in the aggregate ex~
ohanges of about one-hundred and forty-two million dollars,
and at New York alone the increase is one hundred and eight
millions. In comparison with the week of 1897 the total for
V whole country shows an addition of 18 9 per cent. Com
te
pared w ith the week of 1896 the current returns record a
£ain of 26*9 per cent, and the excess over 1895 is 9’4 per cent,
^taide of New York the gain over 1897 is 15*1 per cent, The
over 1896 reaches 18*5 per cent, and making oompari
8°n with 1895 the gain is se m to be 6*4 per cent.
New Y o rk ..,......
P h ila d e lp h ia ....
P ittsb u rg ............
B altim ore...........
Buffalo...............
W ashington.......
Rochester...........
S y ra c u se .. .. .. .. .
aoranton..—......
M o n tre a l.,,,......
T o ro n to ................
H alifax...............
1898.
a.?»o,as2
13 870 085
8.135.039
1,115,301
l.filfl 168
641,901
517 418
25,902.576
W innipeg.............
H am ilto n .............
S t.J o h n ................
T otal C anada
• N ot included io to ta ls.
+19*7
410,404,846
+16*1
9,805.250
5.882.705
920.228
978,349
486, 47
861,033
17,084.608
+48*2
+61*1
+21*2
+65*2
+32*1
— 0*3
+4+6
127,214,491
9 321,780
4,957,915
3,145.895
3,976,519
2,086,276
1,275,000
849,034
S50 776
265,488
408,908
489,195
58.464
68,356
27,801,012
204,156
283.570
199,917
888.793,89« \ 080.899 363
898+06,743 443,904.345
8,918,810
5.614 014
877.495
835,190
018 164
610,000
17.374,283
19.780,661
2
THE CHRONICLE
[VOL. L. ;V11.
a colony of the United States. We believe, hm
^
THE FI NANCIAL SITUATION.
if the question can remain open until tho fight it’ over
The situation of affairs has this week been of such a and the war spirit is less the dominant influence^
character as. from its very nature, to develop a more opposition to attaching them to our territory is liv e ly
watchful, hesitating attitude in investing circles. No to grow. But outside pressure obviously would ' inot
conditions could exist better fitted than those that help it to grow; that our Wall Street gauge has vac^have existed for the encouragement of attaokson stock clearly indicated.
•
so "
Besides those uncertainties arising out of the elfi _
values. It is hardly needful to add that for further
ing these attacks the worst that could be mado out of isting state of hostilities with Spain, there are severiil^
the surroundings has as usual been made by rumors other conditions which have contributed in soro^ e
put afloat perverting and exaggerating every circum degree towards inducing investors for the moment t,g
stance capable of beariug a disturbing construction. withhold active support from the security mnrke<,|
With then so much contributing to produce an un We referred last week to the position in which tl54
settled and declining market, the fact that values failure of the Leiter speculation had left the prcLg
have yielded only very slightly, affords of itself a pective supplies and price of wheat. In addition C
favorable commentary on the inherent strength, pres those matters the whole crop question always become#®
ent and prospective, of the properties dealt in and of an open one at this season of the year, and one whicln
in a measure influences operators in the stock market,
the industrial promise the future holds out.
We are not permitted to doubt that solicitude would leading them as a rule to act with special de
necessarily be felt by the public at largo at a moment liberation, awaiting crop developments. The present
when a most critical crisis in the war with Spain was summer is no exception to that rule, though the crop
becoming daily more imminent, as has been so evi condition is at the moment favorable and it looks as if
dently the case each succeeding day of the last two Europe would again need all our surplus wheat at a
weeks. No one, for illustration, needs to be told how fair price. The corn crop, too, at this period is, as
much is involved aifecting the length of the war we usual, being closely watched; it is believed to have
are now engaged iD, or at least affecting the future dis made a promising start, but it has months of trial to
turbing character of the contest, in the results of the pas3 through yet. For these and other reasons which
combinations which have been in process of culmina will readily occur to the reader, the early summer is
tion in and about Santiago. So far as matters have pro invariably a period of quieter markets. Those matters
gressed there, the promise, to be sure, is every way are, however, of less weight this season than they
favorable. But the event includes wide possibilities usually are. If a victory at Santiago such as is antici
—not only the taking of Santiago, but the pated should be secured, it is highly probable that i^
failure of the attempt, or its costliness in would be followed by a general improvement in busi*
lives and material, and even the safety of ness affairs here ; and if to this was added the lifting
our army; not only the capture or destruction or of the cloudy uncertainty respecting our situation at
escape of Admiral Cervera's fleet but the injury to or Manila by a victory there also, there can be little
safety of our own. No one in the United States really doubt that the inevitable sequence would be an up
believes there is any uncertainty as to the outcome. ward trend to all values. This situation and belief is
At the same time war cannot be divested of uncer the cause why the stock market so quickly reacts
tainty; and so long as such chances are in any degree when prices are forced down and why the declines
involved in a near-by event daily coming nearer, so are kept within such narrow limits.
A striking feature in the situation at the moment,
long as such large interests are in any measure at the
risk of a single battle, which may occur to-day or to and possibly a further influence against the market, is
morrow or the next day, it is but natural, it is un the sudden and decided change in the character of
avoidable, that the enterprising men of the land should the returns of railway gross earnings. From very
be on the alert and that capital should wait on the large increases we now have quite small increases,
T
event.
while some roads actually report losses. Up to the
Then, to mention but a single additional point in beginning of June it was not an uncommon thing to
the military posture, note that other group of circum find our weekly compilations showing ratios of gain
stances clustering around Manila and the Philippine running as high as 15 or 16 per cent. But now
Islands. We have no idea that there is any actual all this has been changed, and the percentage
basis for present anxiety in relation to those matters. of increase is apparently becoming smaller each
Least of all do we class among the possibilities a war week. For the first week of June the addition over
with Germany growing out of the situation there. the same week last year was 7-76 per cent, for the sec
Yet, during the week, little incidents capable of ond week the addition dropped to 4-92 per cent, and
the most amicable construction have been turned for the third week (according to the table given to-day
by the mischief mongers into hostile rumors in our usual weekly form on page 24) the percentage
and made to wear almost the garb of facts, of increase is ouly 4'72 per cent. Perhaps it may be
showing an intention on the part of Germany thought that the comparison is now with greatly in
to interfere with the progress of our arms at that cen creased earnings a year ago. As far as one or two par
ter. Knowing the inflammable nature of the Ameri ticular roads are concerned, this may be true. As far as
can legislator, and the quick resentment our people theroadsasa whole are concerned, it is*not true. The
would feel, without distinction of party or class, great improvement in earnings which wasa distinguish
at even the appearance of meddling by any nation ing characteristic of the returns in 1897 did not occur
with our rights gained in those Islands by the until the latter half of theyoar. In tho month of June
war, it can cause no surprise that tho fables put at that time growth was not entirely lacking, but it was
afloat with so much of detail should give some slight of small proportions, the 1st week recording 3’01 per
set-back to the stock market. We are among those cent gain, the 2d week 2-54 per cent and the 3d
who do not desire the Philippine Islands ever to become week but l -40 per cent.
J u l y 2 , 18S8.J
THE CHRONICLE.
3
What then accounts for the great dwindling down The returns of the trunk lines, as is well known,
in the improvement in earnings? Examination of our while fairly good, have not been particularly flattering
table will show that the granger roads more particu of late. Rates over these lines on account of the de
larly are reporting much diminished amounts of gain, moralization prevailing in that respect have been very
while the decreases come almost entirely from this low, while it is to be presumed that the volume of their
class of carriers. The explanation is to be found in a tonnage was adversely affected by the lessened activity
noteworthy contraction of the grain movement. We in trade occasioned by the Spanish war. On the lines
need cite only the statistics for the latest full week (the east of Pittsburg and Erie the Pennsylvania reports
weekending June 25) to prove what an important factor $314,200 increase in gross and $29,400 increase in net,
this has become. In the week referred to the receipts and on the Western lines $381,900 increase in gross
of wheat at the Western primary markets were only 655,- with $85,200 decrease in net. Last year in this month
920 bushels the present year, against 1,535,068 bushels there was $88,100 loss in gross on the Eastern lines
in the corresponding week of 1897 and 2,654,002 bush and $215,800 loss on the Western lines, and $180,800
els in 1896, while the receipts of flour were only 134,- increase in net on the Eastern system and $69,100 de
012 barrels, against 251,270 and 234,851 barrels re crease on the Western lines. Following is a compari
spectively in 1897 and 1896. It is unnecessary to go son for a series of years of the results for the East
into any lengthy discussion as to the reasons for this ern lines.
contraction. Suffice it to say that the great'drop in LJN18 FAST OF
1898,
1897.
1890.
1895.
1894.
1898.
the price of wheat has taken away the inducement
P it t s b u r g .
May.
$
«
$
for sending forward the cereal, while at the same
f
$
*
3ross earnings...... 5,399,707 5/85,507 5,173,667
time the previously prevailing high prices, by drawing ip e ra t’g expenses. 3,701,070 3,470,270 3,715,170 5.133,567 1,217,36 0,001,287
3,604 370 2,990,290 3,800,003
out old reserves, had so reduced farmers’ holdings that
Net earnings... 1,638,097 1,009,297 1,128,497 1,529,197 1,251,076 2,200,084
as a matter of fact there is very little wheat that Jan. 1 to May 31.
Iross earnings...... 20.111,970 21,101,170 25,199,076 21,570,176
28,102,955
could come out in any event until supplies from the Jperat’g expenses. 18,801,151 17,241,051 18,071,851 17,885,951 22,035,890 20,097,398
10,040,012
new crop are available. In addition to all this the
Net earnings... 7,310,825 7,160,125 6,521,825 6/84,625 0,045,884 7,405,557
movement of other kinds of grain has also shrunk to
Money on call, representing bankers’ balances, has
much smaller dimensions. This is not so notice been in abundant supply this week, loaning generally
able in the case of corn, where the receipts for at I f per cent, with moderately large amounts at 1,
the week ending June 25 were 3,035,903 bush and until Thursday comparatively small sums at I f
els in 1898, against 3,190,290 bushels in 1897, per cent. The average for the week has been about
but in the case of oats the falling off I f per cent. Banks and trust companies quote I f per
has been of large proportions, the record showing cent as the minimum. Time contracts are freely
receipts of only 1,991,136 bushels in the week this offered at 24 per cent for thirty to ninety days, 3 per
year, against 2,947,559 bushels in 1897 and 3,643,290 cent for four to five months and 3f per cent for
bushels in 1896. Even the minor cereals reflect the six to seven months on good (Stock Exchange col
same tendency. Thus, of barley tho deliveries were lateral; but the business reported is small. Commer
only 64,474 bushels, against 382,680 bushels and 344,- cial paper is in good demand, and choice names are
471 bushels respectively in 1897 and 1896. In view of selling promptly. Rates are 3@34 per cent for sixty
this great contraction in the grain movement, there to ninety-day endorsed bills receivable, 3f@4 for
fore, there is nothing strange or mysterious about the prime and 4f@5f for good four to six months’ single
names. The banks have agreed upon a form of power
lessened gains in earnings.
Some of our bank officers anticipate dearer money of attorney a3 a substitute for the collateral notes
after the 14th of July, when the Treasury is expected which have heretofore accompanied loans on call on
to absorb the funds paid in on subscriptions for the stock security, which notes, under the new revenue
new United States bonds. For this reason it is stated law, would require an ad valorem stamp of two cents
that they are not offering money on time for long fpr each $100.
There has been no important feature in the European
periods. The ilea is that very few of our banks other
than the National City will find it feasible to put up financial situation this week. The Bank of England
bonds as security for Government deposits, and conse minimum rate of discount was reduced on Thurs
quently subscription payments will in large part have day to 2£ per cent from 3 per cent, at which it had
to be turned into the Treasury. If there should be stood since May 26. The cable reports discounts of
any material advance in the rates, it would seem as sixty to ninety day bank bills in London >l@lf per
if it must be of brief continuance. At least after cent. The open market rate at Paris is I f per cent,
the new bonds have been issued and distributed at Berlin it is 3f per cent and at Frankfort it is 3f per
there can be no difficulty in any bank in city or coun cent. According to our special cable from London
try obtaining bonds as security for deposits. Besides, the Bank of England gained £44,474 bullion during
the surplus reserve was reported last Saturday by the week and held £38,534,607 at the close of the
our Clearing House institutions at $62,206,250, and week. Our correspondent further advises us that the
gain was due to imports of £95,000 (of which £90,000
already the City Bank has deposited $5,000,000 as j
security for these Government moneys and the Chase were from Australia and £5,000 from the Cape), to
shipments of £16,000 net to the interior of Great
and the Hanover have also each deposited $1,000,000. t
A Government official gives it as his opinion that the Britain and to £35,000 exports, of which £20,000
small subscriptions to the bonds will amount to about were to Russia, £10,000 to China and £5,000 to
fifty million dollars, and that the remaining 150 mill- Gibraltar.
1
The foreign exchange market has been generally
ions will be taken by subscribers for from one thousand
firm this week, influenced by a good demand for bills,
to- five thousand dollars.
(
The Pennsylvania Railroad statement for May has purchases having been made early in the week for the
]
purpose of anticipating the new tax. As announced
been issued this week, and shows results about as ex- ]
pected—that is, shows only moderate improvement, in the C h r o n i c l e last week, the foreign bankers at a
i
4
1'HE CHRONICLE.
[Von. LXV1I.
Ju ly 1, 1897.
Ju n e SO, 1898.
conference held on Friday, came to an agreement
Bank of
Gold. | Silver.
Totdl.
Hold.
Siltur.
Zotfti.
respecting the manner of treating the new tux, decid
£
|
£
£
$
£
£
ing to add the cost of the stamps to the price of the E ngland..... 9$ 5*4,80’
38,634.60?
36,830,608
75,0:9.068 49 527.026 121/00.501 80.lv 3/083 49.290,414 1*0 413,09 7
hills. This decision had no particular effect upon the France ...
41.7 ‘4,04M 84.684.010 14,7O0.00t 43,236,(00
i
SAMtltWo
market on Monday, but on the following day there Sarnsany ... tlj.819.00ri 16,223.900 110,328,000 91,905/ 00! 4,007,000 00,662.GOO
4.450 000
47.58l.OtH 85,0 44.0001
12,681,000 18.625.000
was an urgent inquiry for bills for immediate deliv Auiu.-ttu w fy 34.149,00. 1*,632,000
8,019,000 10, SMI.00! 10.810.000
9.834 00* 4.291.000 l4.12h.Q0t
-Spain. . .....
ery which, in the absence of free offerings, caused a Italy
16,100,000 1.011.000 17,021,000 16,243,000. 2,167.000 17,400,000
Nethori&nd*
sharp advance in rates. The demand was partially sat Nat. Belgium. 3,900,00* 7.007.000 0.007.00“ 2.681.-W 7,037,000 0,008,000
2,720.687 1,8 8,383 4,000,000
*,018,000 1.457.000 4,370.00!
isfied on Wednesday, and the market then became dull. ToLthls week «0.730.676 06,619,620 117.260,201 3O3.0S7.853 103816747 105,864.000
The tone grew easier on Thursday, chiefly because Tot. prow, w'k 3*0,29 ,6-0 06.V67.12 410,653,781 104,493.463 103800086 107,888,540
of tho light demand. It was unsettled on Friday, j
Nominal rates for exchange on Monday' were 4 85 for
OUR VOLUNTEER A R M Y.
sixty-day and -1 801 for sight. The tone of the mar
No nation engages in war, after a long period of
ket on that day was firm, but rates for actual business peace, without meeting, an interesting and important
were unchanged compared with those at the close on test for many disputed problems of defense and arma
Friday of last week. On the following day Heidel- ment, The Spanish war has already submitted our
bach, Ickelheimer & Co. and the Merchants’ Bank of navy to the test, and with satisfactory results. Last
Canada advanced their posted rates half a cent, mak week the test of our army system began—an experi
ing the range from 4 85 to 4 854 for sixty-day and ment iu some respects more interesting even than that
from 4 864 to 4 87 for sight, and tho market was of the navy: for our sea armament has been built up
strong with an advance of half a cent in rates for and managed on the lines adopted by all strong mod
actual business in long and short to 4 844@4 81$ for ern States, whereas our army system differs entirely in
the former and to 4 8o$@4 8G for the latter, while its methods and principles from that of any other
those for cable transfers were advanced one quarter first-class Power, excepting, perhaps, Great Britain.
of a cent, to 4 86@4 86$. The tone was steady and
The land manoeuvres began two weeks ago with
dull on the following day without any change either the occupation of Guantanamo by the marines. This
in notuiual rates or in those for actual business, and it movement was, however, a mere preliminary skirmish,
was easy on Thursday. On Friday the market was and has proved to be only an incident in the general
unsettled in consequence of uncertainty regarding strategy about Santiago. But on Wednesday of last
the operation of the new tax. Bates for actual busi week, when tho fleet of transport ships from Tampa
ness were therefore quoted at a wide range. The landed the army of invasion at Baiquiri harbor, a few
following shows daily posted rates for exchange by miles off from Santiago, the campaign may he said to
some of the leading drawers.
have begun, and with it the test of this country 's land
DAILY POSTED RATES FOR FOREIGN EXCHANGE.
armament.
We certainly do not exaggerate the faots in saying
Mo n .. TU*8
F a r..
WSD.. T htjr .. F r l .
June 2* June Z7. Ju n e 25. J u n e 29 June 30. July 1.
that the results thus far have been in the highest de
85
85
85
B5
85
?5
Brown B ro s ...... J 60 days.
86*
S6*
86*
BO*
80*
86*
1 Sight....
gree reassuring. It is true that our soldiers were con
£5
85
86
86*
85*
65
Baring,
1 60 days.
86*
66*
87
SOM
87
SO*
M asons & Co.. 1 S ig h ts..
fronted bya relatively incompetent enemy—badly com
85
85
85
85
85
86
B ank B ritish
J 60 days.
88*
86*
86*
86*
86*
86*
No. A m erica.. (Sight-...
manded and uncertain of his own purpose. This was
85
86
86
86
85
B ank o f
S60 days.
85
86*
86*
80*
M o n tre a l......... (S ig h t...
86*
86*
an unquestionable advantage in managing the usually
86*
85
85
85
85
85
C anadian Bank <60 dnys.
55
very delicate problem of landing the soldiers from the
80*
of Commerce.. l S ig h t...
86*
66*
86*
86*
86*
86*
86
65
85*
85*
55*
B e! del bach. Ick- ) 60 dnys.
transports. A vigilant enemy would surely have
SC*
87
87
87
87
s eJbelm er A Co *3lght....
86*
85
85
86
86
85
85
Lazard Frerc*.. t 60 days.
obstructed this manoeuvre—if not by an open assault,
86*
86*
1 Sight...
86*
86*
8 r*
80*
85
85*
£5
85*
M erchants’ Bk. <60 days.
85*
which the co-operation of our fleet might have made
86*
of C anada...... ? S ig h t ... 8 6 *
87
67
87
impracticable, then at any rate by a process of haras
The market closed unsettled on Friday, with rates for
actual business 4 84$@4 84$ for long, 4 S54@4 86 for sing the disembarking troops, and thus creating that
short and 4 85$@4 86$ for cable transfers prime com early doubt and uncertainty which is the heaviest
mercial 4 83$@4 84$ and documentary 4 83@4 83$. handicap to an invadiug army. Whatever may have
Cotton for payment, 4 83@4 834; cotton for accept been the motive of the Spanish commanders, no re
ance, 4 83|@4 84$, and grain for payment, 4 83@ sistance was offered to the lauding of the United
States troops. The successful achievement, therefore,
4 834.
The following statement gives tho week’s movement of disembarkation on a hostile coast and in the face
Ol money to and from the interior by the New York of the enemy, which would in most wars have been
regarded as a particularly brilliant feat, was possibly
banks.
nothing more than might under the circumstances
Received by Shipped by
N et Interior
Week Ending J u ly 1, 189a
have been expected.
H. V. Bank*. If. F . Banks.
Movement.
58,051,000 *1,912,000 G ain.$4,139,000
But with the advance of our troops from the coast
1,247,000
511,000 G ain.
730,000
the situation was necessarily altered. They were no
T otal gold a n d local te n d e r a .. .. . *7.298.000 tv.*a:i,ooolaiiin.**,s7B ,ooo
longer under the sheltering guns of the fleet; they
With tho Mub-Treasury operations the result is as were moving into a country with which they were
follows.
wholly unfamiliar ; they had to meet kn enemy accus
Into
Out of
N et Change in
Week E nding Ju ly 1, 1898.
tomed to the ground aud practiced in warfare adapted
Banks.
Brinks.
Bank Holdings.
to the region. Under these unfavorable circum
Bank?'’in te rio r m ovem ent, a* above 57.293,000 *2.423.000 G ain.$4,87 5,000
S a b -T re aa u iy o p e r a t i o n _ _ 15,000.000 16,800,000 G ain. 100,000 stances. and knowing the enemy to be nearly, if not
_
T otal gold and legal le n d e r? ....... «8,19S.OOO!#1B.82S.OOO G ain *4,975,000 quite, their equal in numbers, the first test of our
The following table indicates the amount of bullion soldiers came in a battlo fought against a foe in am
In the principal European banks this week and at the bush, and fought ou our own side by volunteers. It
corresponding date last year.
is only reasonable, therefore, to say that the test was
J uly 2 1828.]
THE CHRONICLE.
5
unusually severe, and the fact that our soldiers stood serious that it seemed to become incumbent on each
■ their ground in this fight, drove the Spaniards out of State to maintain an army large enough to at least
cover, and without even incidental wavering or de resist and obstruct any army of invasion. It is needless
moralization advanced to occupy the ground from to review again the wholly different situation of
which the enemy had beeu dislodged, is as ample a Great Britain and the United States. With all Eng
tribute as could be wished to the mettle and capacity land’s enormous stores of wealth situated within a day’s
of the volunteer soldier.
march from the ocean, the Bill of Rights of 1689
There remained the further exacting t<sts of the prohibits an English standing army in time of peace,
storming of Santiago, begun by General Shafter’s except by the consent of Parliament, and Parliament
army yesterday, and of the march across Cuba to seize to-day authorizes the employment of only 220,000
Havana. What has been done already will, however, men for such an armament, of whom barely 100,000
give the greatest possible reassurance, both to the are maintained in the British Isles. This is done in
army and to the nation. To the one it will bring the the face of the 572,000 soldiers kept under arms by
confidence in their leaders and in themselves which is France in time of peace and on French soil and the
invaluable at this stage of a campaign; with the 585,000 of the German standing army. But the Eng
other it will remove misgivings both for the present lish Government and people rightly recognize the
and for the long future.
advantage of their geographical position—an advan
We do not lose sight of the fact that there was tage more than shared by the United States, whose
delay in mobilizing the army, and that the commis frontier might conceivably be touched, but which
sary and transportation departments, and also in a never, by any imaginable combination of circum
degree the ordnance d-partment, exhibited some de stances, could be held and occupied.
This factor in the situation virtually settled long
fects which might have been seriously embarrassing
under other circumstances. But there is reason to ago, even as a controversial question, the matter of a
believe that the lessons of the Spanish war will not be large American standing army. We think that our
least useful in this regard, for all these defects are experience thus far in the Spanish war will go far
such as can be removed by the adoption of a sounder towards putting at rest the other question, which has
routine system. Moreover, it must be remembered excited some discussion, whether our present army
that shortcomings in these particulars might occur ought not to be largely increased in numbers. The
as readily in the case of a standing army as in the case truth is that no legitimate middle ground exists be
of an army of volunteers. The important conclusion tween the continental system of a population virtually
may already be drawn that it is possible, in an emer under arms, and a small, compact body of regulars
gency, to raise a volunteer army quickly, to fit it for which will serve as a nucleus to the larger volunteer
active service, and to send it out ready to do its work armament in time of war. If the volunteer system
had broken down under the test of this Spanish war,
with regulars.
we should probably have had to face a vigorous dis
We certainly regard the army’s work thus far as a
vindication of the American and English system of cussion of the enlargement of the standing army and
militia armies. It is of course entirely obvious that the end of such an experiment would be hard to guess.
the best volunteer army, levied and trained on short It is highly satisfactory to reflect that if, as is not impos
notice, could not compete with the huge armies of sible, this war results in a material enlargement of
citizens which Erance, Germany and Russia keep our navy, because of the value of its recent services,
under enforced and constant drill during the most the prestige of the army’s operations will be shared by
useful part of the life of the citizen. But no one the regulars and volunteers. Nothing more fortunate
seriously argues that this country would be bene- could have happened, in view of the possibilities which
fitted by such an armament, or that any such surrounded an army conflict at the opening of the
system is requisite for our safety. Nothing i3 war.
more evident in the history of Europe than the
fact that enormous standing armies in times of LONG-AND-SH ORT-KAUL CLAUSE A G A IN
A PPLIED.
peace, and compulsory service by citizens, were forced
Two weeks ago, in the U. S. Circuit Court for the
on the Continental States through the exigency of cir
cumstances. The standing armies of these govern Northern District of Georgia, the meaning and ap
ments are not now, as they undoubtedly were in the plication of the long-and-short-haul clause of the
Sixteenth and Seventeenth centuries, mere instruments Inter-State law was again the subject of judicial
for the upholding of the monarchical privilege and the interpretation. The decision has attracted very little
suppression of the people. The movement of the past attention outside of the localities affected, probably
generation in the direction of a steady increase in the for the reason that the doctrines enunciated are con
land armament of Continental States has been ac sidered by this time well established. Yet the ques
quiesced in, if not universally approved, by the people tion at issue was one of great importance to the rail
of those States. In the one of those governments roads everywhere, and taken in connection with
which is in form under absolute rule of the people, decisions of the same purport in other cases would
the large standing army is an institution which, as seem to leave no room to doubt that the existing
was shown on a very recent and sensational occasion, method of rate-making, where specially low rates,
forced by competition, are granted to the larger trade
is enthusiastically applauded by the people.
But with Fiance, as with Germany, Russia, Austria, centres, while local points not possessing the same
and their smaller neighbors, the standing army takes favoring conditions are charged materially higher
the place of safeguard against sudden aggression by rates, i 3 to be permanently continued under judicial
an adjoining State. In a continent divided into a sanction.
That the matter is not one which concerns the rail
dozen separate nationalities, intersected with easilytraveled roads and crossed by a network of railway roads alone is evident from the rejoicing of the mer
systems, the possibilities of such a movement are so chants at Atlanta, Augusta, &c., over this victory of
6
THE
C H R O N IC L E,
[Von. LXVIL
the railroads, which they are pleased to cal! their own a greater charge for the shorter haul was for
victory. The Augusta “ Chronicle,” in commenting bidden under the fourth section of the Interon the decision, said that the wholesale merchants in State law. The defendant railroads (the Western &
the larger cities of the South had good cause to be Atlantic, the Louisville & Nashville, the Nashville
thankful. They have been saved, it argued, from a Chattanooga & St. Louis, and the Cincinnati New
tremendous loss in business which meant millions of Orleans & Texas Pacific) in their answers denied that
dollars to them. Business in these days, it well says, the circumstances and conditions were similar. The
is done on close margins, and an advantage of a few Inter-State Commerce Commission, however, after
oents on a hundred pounds will control most trades. much deliberation, on November 11 1892 filed it
There are some twenty or thirty centres iu the opinion ruling against the roads and requiring them
South, like Atlanta, Augusta, Nashville, &©., which to desist from the discrimination complained of
have low through rates from the North and West. against the local points. The roads refused to com
These low rates are of great advantage to the whole ply with the order, and the Inter-State Board accord
sale dealers at those places, enabling them to supply ingly on May 27 1893 filed its bill in the Circuit
local interior dealers with the stocks they need. On Court for the Northern District of Georgia, asking
the other hand these interior dealers would liko to get the Court to compel enforcement of the order.
It is this case which Judge Newman has now
the same low rates to their own localities. They
would then be iu position to buy direct in the larger decided, and, as already said, the Court upholds the
markets, Chicago, Cincinnati, &c., ignoring the job position and practice of the roads. It appears that
the rate on first-class goods per 100 pounds from Cin
bers at the distributing eentres.
It is open to question whether equally favorable cinnati in 1892 was 76 cents to Chattanooga and $1 07
rates to local and competitive points, though destroy to Atlanta. To the intermediate points the rates
ing the trade at the distributing centres, would prove were $1 09 to Calhoun, 81 12 to Adairsville, $1 15 to
of any substantial benefit to the local dealers. How Kingston, 81 18 to Cartersville, 81 24 to Acworth
ever, that is not a point we need discuss on this occa and 81 27 to Marietta. In these latter cases the
sion. It is sufficient to know that with the .distrib rate is in each case composed of the through
uting centres deprived of the advantages which they rate to Chattanooga plus the local rate thence to
have so long enjoyed, the whole course of trade in the point named, as authorized by the Georgia
the South (we say South because the case involved Railroad Commission. In other words, in Georgia, as
rates to Southern points and also because there are elsewhere in the South, the plan of rate-making to
more of these centres in the South than in any other local non-competitive stations is to add to the through
part of the country) would be changed, and the competitive rate the local rate. The testimony for
method of rate-making have to be reconstructed.
the railroads showed that rates from Ohio River points
The charge that the larger centres (Chicago and to Atlanta and Chattanooga are entirely controlled by
Cincinnati, for instance) have been conspiring to de competition—both competition by the railroads them
stroy the interior distributing centres is based on selves and competition from the Eastern seaboard.
nothing more substantial than the desire which is In some cases, though not in all, the adjustment of
known to exist on the part of these large centres to rates is on a basis intended to make the charge the
have opened up to them, through a readjustment of same from Cincinnati to Atlanta as from Baltimore to
rates, a larger local market. At the same time inter Atlanta. On the other hand, at the local points men
ior dealers have no doubt been equally sincere in their tioned—Calhoun, Adairsville, Kingston, Cartersville,
belief that such an adjustment of rates would prove Acworth and Marietta—no such conditions exist.
of great advantage to them. At all events the strug
In his opinion Judge Newman points out-that when
gle has been going on for years, and, as stated above, the present case was heard and decided by the Interthe trend of decisions has been in favor of the con State Commission in 1892, there had been no authori
tinuance of the existing order of things. The main tative determination of the question as to whether or
weapon of attack of course was the familiar one that not competition at a longer distance point might bo
the prevailing practice was in conflict with the Iong- considered as creating a situation where the carriage
and-short-haul clause of the Inter-State Act because of freight to such point could be regarded as rendered
involving a higher charge for the short haul than under dissimilar circumstances and conditions from
for the long haul. But it is precisely hero that the those existing at a shorter distance point within the
railroads have been sustained, having secured their meaning of the fourth section of the Act to Regulate
latest victory on the ground that the fourth section Commerce. But there is no longer any doubt on that
of the Inter-State law does not forbid the acts com point. The question was settled in the case of the
plained of.
Inter-State Commerce Commission vs. Alabama Mid
The case dates back a great many years, action laud Railway, where the United States Supreme Court
having fir-t been brought btforo the Inter-State Com held that “ competition is one of the most ob
mission by the Railroad Commission of Georgia in vious and effective circumstances that make the
October 1891, The complaint was that the rates conditions under which a long-aml-short-haul is
charged on freight from Cincinnati and other Ohio performed substantially dissimilar, and as such must
Bivcr points to Calhoun, Adairsville, Kingston, Car- have been in the contemplation of (Congress in the
tcm ille, Acworth and Marietta, local stations on the passage of the Act.” Judge Newman also shows that
line of the Western A Atlantic Railroad in Georgia, the Commission is now itself of the opinion that this
were greater than the rate charged to Atlanta, the view must control. He quotes from its eleventh an
eastern terminus of the Western & Atlantic Railroad, nual i eport, where the subject was discussed at length
and a longer distance point. The claim of the plain and the Commission said that it had always previously
tiffs was that the transportation to Atlanta and to the held that railway competition between carriers sub
local stations named was under substantially simi ject to the provisions of the Act could not of itself
lar circnmstances and conditions, and that hence create necessary dissimilarity in circumstances and
THE CHRONICLE.
J u l y 2, 1898,]
7
conditions, but that this contention was not sustained almost unknown territory. So great, he contends, are
by the Supreme Court, which holds that such compe the divergencies and so difficult of access are the rec
tition does create the dissimilarity contemplated in ords of even the more important cities, that little
the Inter-State Act.
light has been thrown on the efficiency of difierent
Applying this rule to the case under review, Judge methods of municipal administration; as a conse
Newman finds it easy to reach a conclusion. He says quence the science of comparative city government in
it is a matter of public knowledge that Atlanta is this country is yet largely a matter of theoretical
many times as large as any of the points on the West speculation.
ern & Atlantic regarding which complaint is made. It
He cites by way of illustration the conditions pre
is also well known'that at Atlanta several different lines vailing in two of the most important States, New
of railroad compete actively for business; and not only York and Illinois. In neither State has there ever
is competition active between carriers, but also be been any scientific or regular system of central super
tween markets competing for Atlanta business. Goods vision over municipalities. How unsatisfactory has
may be brought, Judge Newman well says, by water been the situation in New York was well shown in the
from New York, Philadelphia, Baltimore and other report of the Fassett Committee in 1891, with which
eastern points hy steamers to Charleston, Brunswick our readers are tolerably familiar. The problem in
and Savannah, and thence by competing lines of rail New York, as in Illinois, the writer says, is rendered
way to Atlanta. From similar points in the North more complex by the unscientific system of State
and East there are also competing lines of rail. From finance, which still places a premium on the under
points in the Middle North and great Northwest there valuation of property for purposes of taxation. In
is competition hy rail and partly by water routes Illinois the report of the Revenue Commission of 1886
Eight lines of railroad enter Atlanta, Its commercial showed that the assessment varied from 100 to 5
and manufacturing interests are large and varied. per cent of the actual cash value of the property.
Contrariwise, at the local points mentioned there is In some towns of Cook County the ratio now is less
very little, if any, competition, as already noted than 1 per cent of the fair cash value. These low
above.
assessments, made primarily to avoid State taxation,
Reasoning thus, Judge Newman says it must be would place the indebtedness of the city of Chicago
apparent at a glance that the conditions under which far in excess of the constitutional limitation of 5 per
transportation is effected to Atlanta and those which cent of the assessed valuation, were it not *for the fact
control at the local stations are entirely different. that the General Assembly has created other municipal
Thi3 being so, and the U. S. Supreme Court having corporations, each of which is financially independent
decided that competition may distinguish the circum of the others, thus conveniently relieving the city
stances necessary to determine whether a given rate is government proper of a large share of its burden.
obnoxious to the fourth section of the Inter-State Act, Upon the same area we find the county, the
it must be regarded as perfectly clear that the rates park district, the drainage district and the city.
complained of are not violative of that section. As In the minor political divisions—the towns and vil
to the contention that the rates from Cincinnati to lages—the confusion is still more striking. It is more
the local points are unjust and unreasonable in and of difficult to collect reliable statistics of the financial
themselves, Judge Newman is unable to discover any history of the various towns of a county than of a
evidence whatever to justify such a finding. Every large city. In many counties the financial records
thing goes to show, he declares, that the rate to have not been preserved, while in the towns them
Atlanta is forced on the railroad officials by selves it often appears that no books of account at all
competition. There is no evidence of an im are kept. Nor are the two States mentioned excep
proper desire on the part of these officials tional in this respect. In some of the other States the
to give Atlanta a lower rate or the local points a higher conditions are in many respects even more serious.
The favorable feature is that there is a strong tend
rate. The view must be, he thinks, that where the
ency towards improvement. Indeed, the progress
circumstances and conditions at the longer distance
point are substantially dissimilar, the carrier may already made is the best evidence that the evils of the
judge of this for itself in the first instance, and fix present system are in process of being eliminated,
the rates for the longer distance point without vio though Prof. Tooke does not quite take so hopeful a
lating the fourth section of the Act. This, however, view. Aside from the tendency towards general laws
does not preclude the courts or the Commission from for the incorporation of cities and towards.reforms
inquiring as to whether the rates to the shorter dis in the State taxing systems, he notes the movements
tance points are unjust or unreasonable, or whether which have been made in the direction of State
they constitute undue preferences for or unjust boards of audit, with powers more or less extensive,
prejudice against any locality. Judge Newman is requiring uniform methods of municipal book
also careful to say that in order to constitute dis keeping and exercising a directing control. over
similarity under the fourth section of the Act the municipal expenditure. One of the earliest instances
competition must be real and not imaginary or trifling. of the creation of such an office in an American State
was that of the Comptroller of County Accounts,
established in Massachusetts in 1887. In the States
U N IFO RM ITY I N M U N ICIPAL FINANCE. of Minnesota, North Dakota and South Dakota a sim
In the June quarterly of "Municipal Affairs,” Prof. ilar officer has been provided for, called the public ex
0. W. Tooke makes an earnest plea for uniform meth aminer, whose duties also include a supervision of the
ods in municipal finance. He well says that the lack banking institutions of his State. Among other re
of scientific methods of accounting and of continuity cent attempts to secure uniformity in municipal fin
of system in a given municipality, and the absence of ance, mention is made of the Act of the General
uniformity in the financial methods of different cities, Assembly of Louisiana, passed in 1892, creating the
have combined to leave this field of investigation an i office of the Examiner of Public Accounts. Unfortun*
8
THE CHRONICLE.
[Von. LX VII.
fttely, in this case, owing to the failure to make an Humors of war and the opening of hostilities brought
appropriation to pay his salary, the officer was never financial projects almost to a standstill and the listi ings were few. Latterly the restoration of confidence
appointed and the Act was subsequently repealed.
In Washington, whore all State institutions are and the prospect of large crops have occasioned a re
under the control of a central board, and their ac vival of enterprise and much heavier listings.
Railroad construction continued on a lov level. For
counts subject to a quarterly inspection by a traveling
auditor, provision has recently been made for a uni the half year it aggregated about 1,100 miles of new
form system of public blanks throughout the State road. Only two companies built in excess of 50 miles,.
Most noteworthy of all, in Wyoming a comprehensive and most of the new short lines were constructed by
system of central audit and supervision by the State roads with capitalization too small to require listing on
examiner over all the municipal corporations of the any Stock Exchange. Other enterprises started have
State has been inaugurated. The first Legislature in scarcely reached the point for listing. Hence the new
1ih)0*91 created the office and prescribed the duties of securities making their first appearance on the New
the officer. At present his functions extend to a York Exchange, in so far as they represented new
supervision of the educational, charitable and reform capital, were for a comparatively small aggregate, the
atory institutions as well as of tho banking and smallest indeed in our record, excepting 1897. On the
loan corporations of the State, besides which other haud the refunding operations begun in 1897
he exercises powers of supervision over the accounts have made great progress. These, together with the
of counties and indirectly over the financial opera new securities arising out of the reorganization of the
tions of other municipal corporations. In this
e Union Pacific and the control acquired by the New
however, it may be questioned whether too many re York Central of the Lake Shore and Michigan Central
sponsibilities have not been thrust upon the officer. roads have swelled to an enormous total the item of
Professor Tooke admits that the duties in connection bonds listed to replace old securities. For the first
with the control of the State institutions aud banking time this item exceeds 800 millions; it is greater by 26
corporations overburden the office, but he nevertheless per cent than in the same period of any of the thirteen
contends that great advantages have resulted from the earlier years covered by our compilation.
The following table shows the listiugs of both stocks
supervision provided. In the case of municipal cor
porations, he says, we have uniform and correct ac and bonds during the first six mouths of 1898 and for
counting, direct access to the facts in each case, a ! a corresponding period in every one of the last four
central supervision of great value to the locality and teen years. The classification is in accordance with
to the State at large. Not only is there, he says, a principles explained in former articles.
SIX MONTHS’ LISTINGS ON NEW YORK STOCK EXCHANGE.
large saving by reason of the fact that such super
vision exists, but every year the amounts recovered
O ld issu e s
R e p la c in g
X ew issu es.
B o n d s.
Total.
that would otherwise be lo3t to the State are many
n e w ly listed. old s e c u r itie s .
times the expenses of the office.
18 9 8 , (6 moB-). $ 2 8 ,6 5 7 ,0 0 0 $ 1 6 ,5 7 1 ,0 0 0 $ 3 1 2 ,4 7 7 ,5 1 0 $ 3 8 7 ,7 0 5 ,5 0 0
Prof. Tooke accordingly argues that some such con 1897, do . . . . 2 0 ,7 0 7 ,5 0 2 1 1 ,1 1 6 ,5 0 0 1 8 6 ,1 1 1 ,5 0 0 2 1 7 ,9 3 5 ,5 0 2
trol as is exercised under the Wyoming law would be 1896, d o — 1 2 5 ,2 4 3 ,0 0 0
7 ,3 8 9 ,0 0 0 2 2 7 ,7 2 3 ,5 0 0 3 6 0 ,3 5 5 ,5 0 0
of benefit in other States which are more advanced in 1895, do — 1 3 3 ,7 7 9 ,0 0 0 1 4 ,5 2 9 ,0 0 0 5 0 ,8 4 9 ,9 0 0 1 9 9 ,1 5 7 ,9 0 0
dustrially. Constitutional restrictions upon local tax 1894, do . . . . 1 0 5 ,4 7 5 ,0 0 0
7 1 3 ,0 0 0
0 4 ,0 9 2 ,5 0 0 1 7 0 ,2 8 0 ,5 0 0
ation aud indebtedness and upon special legislation 1S93, d o ...» 8 4 ,7 0 5 ,5 0 0 4 2 ,1 7 8 ,0 0 0 2 9 ,5 2 2 ,5 0 c 1 5 6 ,4 0 6 ,0 0 0
have iu part avoided the dangers previously existing- 1892. d o . . . . 1 1 3 ,8 9 6 ,1 0 0
8 ,9 5 6 ,0 0 0
4 0 0 4 1 90( 1 6 2 ,8 9 4 ,0 0 0
still the problem is far from a successful solution. 1991, <30 —a. 1 3 4 ,9 7 4 ,7 0 0 1 6 ,1 8 7 ,0 0 0
6 1 ,7 4 7 ,0 0 0 2 1 2 ,9 0 8 ,7 0 0
But whether or not it bo deemed expedient to estab
1890, do . . . .
9 4 ,7 3 5 ,2 5 0
2 ,9 7 1 ,0 0 0 2 7 0 ,8 1 0 ,2 5 0 3 6 8 ,5 1 6 .5 0 0
lish such a system of administrative control in a given
4 ,3 6 1 ,0 0 0 1 0 8 ,8 5 6 ,0 0 0 2 4 0 ,8 4 4 ,0 0 0 '
1889, do . .a . 1 2 7 ,6 2 7 ,0 0 0
State, no objections of weight can he urged against the
1888, d o . . . . 1 5 2 ,1 6 9 ,4 2 2
4 ,1 9 2 ,0 0 0 1 4 7 ,4 7 4 ,0 7 ^ 3 0 3 ,8 2 5 ,5 0 0 plan of securing uniformity in book keepingand public
9 4 ,0 9 4 ,0 0 0
9 ,5 5 0 ,0 0 0
1887, d o ___
5 3 ,2 3 6 ,0 0 ( 1 5 6 ,8 8 0 ,0 0 0
ity of the accounts of municipal corporations by State
1886, d o . . .
3 7 ,6 2 5 ,0 0 0
2 7 ,8 0 2 ,3n 0
1 3 ,7 2 5 ,3 0 0
7 9 ,1 5 2 ,6 9 0
action. “ A common system of book-keeping adjusted
4 3 ,7 8 6 ,0 0 0
1885, d o . . . .
9 ,2 5 0 ,0 0 0
6 ,5 6 7 ,0 0 0
5 9 ,6 0 3 ,0 0 0 to the various conditions of municipalities, the benefit
S to c k s .
of the advice of an expert officer in the matter of ex
penditure, and the audit of accounts to prevent abuses, 1 8 9 8 , (S BIOS.). $ 8 ,9 4 3 ,3 0 5 $ 1 6 ,0 0 0 ,0 0 0 $ 2 2 8 ,7 8 5 ,2 0 0 $ 2 5 3 ,7 2 8 ,5 0 5
8,072,801' 3 4 9 ,--6 0 ,5 0 0 3 8 5 ,8 0 1 .8 0 0
could not but prove welcome to the authorities of the 1897, d o ___ 2 8 ,1 6 8 ,5 0 0
towns and counties.” For the larger cities, Prof. 1896, d o . . . . 1 0 ,5 2 2 ,9 9 7
2 8 1 ,9 3 0 ,3 8 8 2 9 2 ,4 5 3 ,3 8 5
Tooke thinks, possibly the duties of the central office 1895, do —
5 6 ,1 7 6 ,9 0 0
3 5 ,1 3 5 ,2 0 0
6 ,7 3 0 .8 7 0
9 8 ,0 9 2 ,9 7 0
might be made purely advisory, investigations to be 1894, do ___
7 ,1 5 0 ,0 0 0
6 3 ,4 8 6 ,0 4 0
5 6 ,336,011
had and plans to be submitted upon the request of the 1893. do . . . . 5 6 ,5 6 6 ,1 0 0 4 8 ,8 7 4 ,0 0 0 2 4 ,8 5 9 ,8 0 0 1 3 0 ,2 9 9 ,9 0 0
authorities interested. He is inclined to recognize 1892, do ___ 2 5 ,4 6 0 ,1 0 0 2 5 ,1 2 5 ,2 5 0 5 8 ,4 7 0 ,0 5 5 1 0 9 ,0 5 5 ,4 0 5
that in the great majority of our cities efficient service 1891, do . . . . 5 8 ,5 9 4 ,4 4 1
8 2 ,5 2 9 ,2 0 0 1 4 1 ,1 2 3 ,6 4 1
is already secured and that in some few cities the finan 1890, do ___ 7 0 ,6 4 1 ,5 5 0 1 0 ,3 9 0 ,7 4 7 1 6 1 ,1 6 3 ,8 1 " 2 4 2 ,1 9 6 ,1 4 3
cial administration leaves nothing to be desired.
1889, d o . . . .
3 8 ,8 9 3 ,8 0 0
2 ,8 2 0 ,0 0 0 1 2 7 ,0 5 7 ,3 7 4 1 6 8 ,7 7 1 ,1 7 4
1888,
do
....
3 4 ,9 0 4 ,3 3 2
2,874,27,5
8 0 ,5 6 6 ,9 6 9
1 1 8 ,3 4 5 ,5 7 5
LIST IN G S ON THE NEW Y O R K STOCK
3 0 ,1 4 3 ,4 2 6
1887, do ___
4 7 ,4 4 6 ,3 9 1
7 4 ,8 0 8 ,3 3 3 1 5 2 ,3 9 8 ,1 5 0
EXCH ANGE DURING THE F IR ST
1886, do . . . .
1 7 ,5 4 8 ,3 5 0
2 2 ,2 5 1 ,3 0 0
8 8 ,7 2 6 ,2 0 0 1 2 8 ,5 2 5 ,8 5 0
H A L F OF 1S9S.
1885, d o . . . .
2 ,7 0 0 ,0 0 0
4 ” ,8 2 5 ,2 6 6
9,695.2t-'6
3 5 .4 - 0 ,0 0 0
The record of the securities listed on the New York
N ote —A n p lio atln n s f a r tot** li- ttn u o f Trusr C o m p a n y re o e lp ts a n d o t
Btock Exchange during the first half of 1898 em s e c u ritie s m a rk e d " a s s e n te d ” (if p r e p a r a to r y to r e o rg a n iz a tio n ), o r o
i- o u r ltle a s ta m p e d “ a ss u m e d " o r “ a s s e s s m e n t p a id ” —th e s e c u r it ie s
phasizes in a rather striking manner the course of tu e in s e lv e a P a v in g p re v io u s ly b e en lis te d —a r e noi in o iu d o d in tills ta b le
events in the financial world during this period. In
This table brings clearly before us the facts just
the early weeks the additions were fairly numerous. mentioned, namely, a total of bonds for new capital.
4
THE
J u l y 3 , ISM S.]
CH RO N ICLE.
9
of only 29 millions, contrasting, to be sure, with only C o m p a n y a n d title o f lo a n —
A m o u n t.
P u rp o se o f issu e .
e n t.,
p rin fie ld D iv isio n
20J millions in 1897, but with 125 and 133 and 105 111. s tC3^23 o fS1 9 5 1g..............................., $ 2 ,0 0 0 ,0 0 0 l E x ch a n g e for old 1 st
1
t O.
S
millions in the three half-years of 1896, 1895 and 1894, I n t & G t. N o rth e rn 3 d 4 s .............
5 ,0 0 0 .. E xch an ge.
K n
ity P
.
G lf 1
s ....
respectively. In 1888, or ten years ago, the loans for L aak e. Ch o re it tsM.&So. u3Vjs s t 51997. 2 .1 2 2 .0 0 0 . .E x t e n ’s aud im p'ts.
S
&
of
4 .9
R fg 7
c. bonds.
new capital reached a sum live times our present L e h ig h V al. M o rt. & C ol. T r. 5 s ... 5 .0 0709..0 0 0 .0.0 0e..N ewp.prop, a n d im p t’s .
n g la d
.
t o o n so ls, in t.
aggregate. Evidently with a return of normal con L oe d uIcse dn to E4Rp. 1cs...........................\ t 1 .1 7 1 .0 0 0 .
. E xch an ged for 1st 7
r
ditions there is room for avast increase in the floating M ex. C e n t. E q u io . & Col. S s ..........
9 5 0 ,0 0 0 ..P u ro h . of e q u ip m e n t
of new bonds, without passing the limit of conserva M ex. I n te r . 1 s t c o n so l. 4 s ............. 4 ,6 3 5 ,0 0 0 ..E x c h . fo r o ld 1 s t 4s.
M obile & O hio (M o n tg o m e ry D iv.)
tive action. The bonds representing old securities 1 s t 5 s ...................................................
I E x c h . fo r u n d e rly in g
retired show a total of 342 millions. This contrasts
N a s h v ille C h a t. & S t. L. 1 st c o n .5 s
6 1 9 ,0 0 0 1 b o n d s. $ 4 4 ,0 0 0 , ‘a n a
p u rc h . M id. T e n n . A
with 186 and 228 millions, respectively, in 1897 and
l A la . R y ., $ 5 7 5,000.
1896, both periods noted for their many and import N . Y . C. & H . R . R R . 31-23 o f 1 9 9 7 l $ 2H a
\ F o r refnndlT iir b o n d s .
ant reorganizations, but with 51 and 64 and 29 mil N . Y . C. & H . R R . 3 ^ s o f 1898, > 2 ,0 1 9 ,0 0 0 l F o r u s e s o f R R . Co.
Is s u e d to a c q u ire L a k e
lions in the more ordinary years just preceding. So s e c u re d b y L a k e S h o re s t o c k .. 8 0 ,5 3 7 ,0 0 0 S h o re s t 0 3 k.
N . Y . C. & H R R . 3 Mis of 18 '8 ,
su e
a
small, however, have been the corporate borrowings s e c u r e d b y M ich. C e a t. s to c k .. 1 1 ,9 2 8 ,0 0 0 Is C endt,to to c q .u ire M ich.
s ck
i E x c h . fo r old b o n d s,
to secure additional capital that even the va3t amount
3 ,9 4 3 ,5 0 0 , * 2 - « 3 ,5 0 0 , a n d is N o r th e r n P a c ific p r io r lie n 4 s ....
i s u e d fo r n e w p ro p .,
of securities given in exchange suffices to make the
I $1,5 0 0 ,0 0 0 .
aggregate of all the bonds listed during the late' half- J O reg o n R R . A N a v , co n so l. 4 s .. .
9-45 o oo 5 E x c h a n g e
fo r
o ld
^ b o n d s u n d e r p la n .
year exceed the total for 1890 by only about nineteen
qoo o o o $ E x c b - f o r o ld b o n d s
! O re g o n S h o r t L in e in c o m e B s . . .
’
( u n d e r p la n .
millions.
U ta h A N o r th e r n 1 s t 7 s .............
3 .9 6 4 .0 0 0 . O ld b o n d s j u s t liste d .
In the case of stocks the refunding operations are
( E x c h a n g e d f o r s te r lin g
< bond
not reflected in the listings ; the total amount issued P a n a m a R R . 1 s t. s. f. 4^20 ........... 2 .0 0 0 . 0 0 010, *897. s m a tu r in g O ct.
(
for reorganization purposes is only 229 millions, as St. L. I . M. & So. 2 d 7 b,e x t. a t 5 .. 6 ,0 0 0 ,0 0 J .. E x t . 5 0 yrr*, in gold.
CA c q u isitio n o f fo rm e r
S a n F r a n . (S. W . D iv.)
against 3491 and 282 millions in 1897 and 1896. And S t.1 sL. 5A ................................................... 1 ,5 0 0 ,0 0 0 j Ctin- D iv - of A tl. A
t s
(. P a c . R R .
yet the result exceeds that for any one of the eleven
f $ 5 8 7 ,0 0 0 fo r r e a l es| ta t e , e q u ip .. te r m in a l
years from 1885 to 1895 inclusive. This is due, how S o u th . R y. 1 s t c o n so l. 5s of 1994.
8 9 7 ,0 0 0 ^ tra c k s ,
Ac.,
and
| $ 3 1 0 ,0 0 0 f o r <Id bd s,
ever, to the appearance on the list of stock of the re
l a n d e q u ip m ’t lie n s.
organized Union Pacific and of three other companies S o u th e rn R y . M em . D iv. 1 s t 4s,
^ I s s u e d u n d e r re o rg .
4*23 a u d 5a o i 1 8 9 8 .......................
5 ,0 8 3 ,0 0 0 I p la u o f M. A C. R R .
shares for a large amount. The shares for new under S p o k a n e F a lls A N o r th e r n 1 s t 6s. 2 ,8 1 2 ,0 0 0 . .O ld b o n d s j u s t liste d .
£ S old to re d e e m soh. f ’d
takings aggregate less than nine millions. Only T e x . A P a c . 1 s t c o n so l. 5 s ............
1 6 7 ,^ 0 0 j lo a n b y S ta te of T e x .
once in the fourteen years ha3 the sum been less. U n . P . 1 s t M. A L a n d G r * u t 4s.. 9 0 ,0 0 0 ,0 0 0 ..R e o rg ’n of old c o m p ’y.
1 0 9 .0 0 0 . Im p ro v e m e n ts .
This does not mean that no stock companies of WVst. Y ir. C en . A P itts . 1 s t 6 s ..
T o ta l
$ 3 4 9 ,8 0 6 ,5 0 0
importance have been launched during the six
The securities of three companies here stand out
months. On the contrary, as we shall show at the
close of this article, the formation of new industrial pre-eminent. The New York Central has the firstcorporations has made rapid progress, the aggregate place, owing to its refunding of bonds and its acqui
capitalization being extraordinary in extent. Some sition of a controlling interest in the stock of the Lake
of the more important of these organizations, it is Shore and the Michigan Central. The proposition to
expected, will soon apply for an official quotation on purchase the stock of the Lake Shore was made in
the Exchange ; but time must naturally elapse before February last and nearly nine-tenths of the entire
a new corporation is prepared to furnish the informa issue has been acquired, as we said last week, and thus
far about 80 millions of 31 per cent bonds have been
tion required to secure the listing of its securities.
In the following table all the important listings of issued on account of the same. The Michigan Cen
railroad bonds for the last six months are given, with tral purchase did not begin till April, but two-thirds
of the outstanding issue has been acquired, and $11,a brief statement of the purpose of each issue :
928,000 of the collateral bonds secured thereby have
LISTINGS OP RAILROAD BONDS.
been listed. The refunding of the old debt was com
C o m p a n y a n d title o f lo a n —
A m o u n t.
P u rp o se o f issue.
A tc h . T o p . A S a n ta F e g e n . 4 b .. . $ 6 ,4 8 2 ,0 0 0 ..E x c h . fo r fd. n o te 6 b. menced in January and has resulted in the listing of
( P a y m e n t o f flo ating 21 f millions of the ?>\ per cent refunding bonds, while
B u ffalo R o ch . A P itta , d e b . 6 s ___
1 ,0 0 0 ,0 0 0 •] d e b t, p u rc li o f e q u ip (_ m e n t a n d c o n s t r u c t s an additional $2,019,000 of the loan has been issued
( I m p r 'ts ($1,494,000)
1 ,9 1 8 ,0 0 0
a n d e q u ip , n o te s and and listed on account of improvements, etc.
CheB. A Ohio g e n . 4 ^ 8 .....................
r c a r t r u s t s ($-124,000.)
The other conspicuous listings of railroad bonds are
h
Ohefl. A Ohio la t co n so l. 5 s ...........
1,40?,000) E x cg . J u fo r 1,6 s m a tu r the 90 millions of new Union Pacific 4s, a product of re
in
ly
1898.
( E x c h . fo r p rio r b onds
2 ,5 5 9 ,0 0 0
($ 1 ,0 2 5 0 0 0 )a n ilib s’d organization, which are secured upon both railroad and
Chic. M il. & S t P a u l gen . 4 s ........
{ f o r im p ’ts ($634,000.)
land grant, and the 431 m llions of Rock Island gen
4 .9 6 0 .0 0 0 .
.E x c h .f o r old 6 b,7 s A88Ohio. A N orth W est. gen. 3*20 ___
eral mortgage 4s, with which has been retired over
Chle. Ind. A L o u isv . ref’g 5 s ........
1 0 9 .0 0 0 . . I s s u e d fo r n e w p ro p 'ty *
4 3 ,4 3 6 ,0 0 0 ..E x c h . fo r old b onds.
Ohlc. R. I. A P ac. gen. 4 s ...............
two-thirds of the company’s former funded debt. The
3 2 8 .0 0 0 . . E x c h . fo r u n d V g b 'd s .
Chic. 8 t. P. M. & O. on so '. 6 s ___
refunding proceedings of the Lake Shore and the
2 9 ,0 0 0 ..E x o h . fo r u u d T g b ’ds.
Chic. St.
A N. O. 5§ o f 1 9 5 1 ....
1 .3 5 2 .0 0 0 .
.E x c b . f o r old North West, have been accompanied by the placing on
7s.
Chic. St. L. A N. O. 3**s o f 19 5 1 .
2 1 6 ,0 0 0 ..Im p r o v e m e n ts .
Chic. A W est Ind. gen. 60 ..............
the Exchange list by each company of about 5 mil
( E x c h . fo r c ertfs. of
Chic. T erm . T ra n sfer l i t 4 s ...........
1 3 ,0 0 0 ,0 0 0
p r o p r ie ta r y in te re s t. lions of its new 31 per cents, while the Northern
5 E x c h . fo r o ld se c u riC olorado M idland 1 s t, 2 -3 - 4 e ___
6 ,2 5 0 ,0 0 0 t tie s u n d e r p la n .
Pacific has added for similar and other purposes some
5 E x c h . fo r o ld secu ri- four millions of the prior lien 4s.
The one con
8 6 1 ,0 0 0 ( tie s u n d e r p la n .
C olorado M idland 1 s t 4 s .................
siderable loan issued for railroad extension is that
4 0 2 ,0 0 0 ..Is s u e d fo r im p ’rs.
D u lu th A Iro n R an ge 1 s t 5 s .........
( C o n s tr u e , o f S te w a rt
1 ,0 0 0 ,0 0 0 ■ R iv e r b ra n c h , equip. of the Mobile & Ohio for $4,000,000 on account of its
?
D ili nth A Iron R ange 2d 6 s ..........
r a n d im p ro v e m e n ts .
line to Montgomery. This line was completed and
f R e o r g a n iz a tio n wifchThe final acquisition by
o
OUt fo r e d ’re, $2,11 2,- put in operation on June o.
2 ,7 0 0 ,0 0 0 / 0 0 0 fln(1 jpg-,1 fo r
H on. E. A W. Tex. 1 st 5 s o f 1933.
I im p ‘ts,» tc ., $588,000. the Southern Railway of the last of the important
A o q iilsifio n of C ed ar
III. C ent. “ W estern L in es” 1 st 4 s t
properties formerly included in the Richmond Terof 1 9 5 1 ................................................< 1 ,8 7 5 ,0 0 0 1 F a lls & M inn. RB.
Jj .
rrn n n n r\ )
THE CHRONICLE.
10
minal system is marked by the listing of -Memphis
division bonds in connection with the merger of the
Memphis & Charleston.
Miscellaneous and street railway bonds listed are
shown in the next table.
LISTINGS Or )M5C£U*AN£Ot8 BOND8,
C o m p a n y «« t title o f /wm —
A m o u n t.
Purpose o f issue
Attam* Erpr^ii* «\*IL Tru*t 4s ...^12*100,000.. 100 p e r c e n t divhleud
A U n ion Sto ck
C b le h u u p l K
I
Y a rd s o —
f» p. c- non i nun. Incom e horn 1h
C ^ 'i n i b w jtM U * U
t3>*
D e tr o it C ty G «»
........
P o o i l l o C o a d M 5s ................ ..
■ O ld is s u e J u s t liste d
2 ,6 1 0 .0 3 0 (
4 0 ,0 0 0 .. Im p r o v e m e n ts .
,
» a a .i < E x c h a n g e d fo r b o u d s of
4 .3 1 .1 ,0 0 .' j D etro it, G iiM ’o.
k E x c h c n ir d for Oregon
4,440,000 . Im pt. secu rities u n d er
( pltln.
P e o p le ’s G as L igh t A ( ‘oke B e
*
fu n d in g 5 s ......................... ...........
2 ,5 0 0 ,0 0 0
do.
do.
(M utual F u el
u . m a ^ w S u S S j : 5 . 0 0 0 ,0 0 0
R»c'h. A Pitta, c .ul & Iron pur.
m on ey ’>« ______ ______ _____ . . .
1 ,1 0 0 ,0 0 0
X , 8 . M art, A T rust Co. R al E s
T
ta te 1 st M art. Col. T r., S eries
B, C, 1>, E A F ................. .
5 ,0 0 0 ,0 0 0
\ R cf'd'g Chic. E conom ic
F u e l Gas Bonds.
\
\ A ccou nt o f real esta te
loDn9>
(
LISTINGS OF STREET RAILWAY BONDS.
Amount,
M -lw au k w EL -t r ie B y. A L ight
C onsol. 5s
........................ .. . . . $ 6 0 3 ,0 0 0 j
Purpose of issue.
i P aym en t o f ob ligation s
I assn in ed u p o n aeq u isitio n o f M itw’k ee
S t. R y., p u rch a se of
i M ilw a u k ee Aro Li s lit
{ Co. an d im p rovem ’fcs.
U n ion E 'ev , UK. (Obio.) 1 s t 5 s .......... 2 8 7 ,0 0 0 { ° S 8 f w
T o ts !..................
* » $ .“
■
$ S 9 0 .0 0 0
The reader will notice in this table the bonds of
the Adams E {press Company, $12,000,000, and the
bonds of the United States Mortgage & Trust Com
pany. to,000,000. The latter are anew departare as
regards bonds dealt in on the Exchange, secured as
they are by deposit in trust of first mortgages on real
estate. The bonds of the Express Company cover firstclass securities such as few persons supposed the com
pany possessed, both bank stocks and railroad stocks
and bonds. -V peculiar thing, too, about this collatlateral is that it is held primarily “to indemnify and
guarantee the shareholders of the company from
time to time against any loss or damage by reason of
personal liability,” the company being an unincorpo
rated association and its stockholders therefore liable
for debts.
Our next table shows the listings of railroad, mis
cellaneous and street railway stocks, viz.:
LISTISGS OF RAILROAD ST CES.
Com pany and class o f slock—
C h ic a g o G ro a t W e s te rn c o m . . . .
C hic. M il. A S t. P a u l p r e f e r r e d .
O d e . T erm . T ra n sfer HR com ..
C hic. T e rm . T r * in f e r R R p ro f .
C o lo ra d o M id l'd 'V o ti n g t r u s t
certlficat**-* fo r p r e f e r r e d . . . . .
C o lo ra d o M id lM —V o tin g t r u s t
c ertific a te s* fo r c o m m o n . . . . .
K rh R R - V o tin g t r u s t c e r tifi
c a te * fo r 1 st i r e f e r r e d . . . . ___
E r ie R R —V o tin g t r u s t certifi-
C*ie* fo r c o m m o n .............. .
IV. C en tra l ItR . c o m m o n — . . .
Io w a C entral Ry. co m m o n ...........
I 'V b C en tra l Ry. preferred . . . . .
Kan*- C ity P i t s A G u lf, c o m ___
*
P llt* . Ft, W arn© A C hic.—Guar,
sp e c ia l * to c k ........... ......................
N . Y, J*. IT. A H . R R co m m o n .
Bi. Lout* A Han Fran com m on .
S o u th ern
B w —' oG ng tr u st
V
C ertificates t o r preferred . . . . .
U n ion P acific HU r o m m o n ___
U nion P acific RR. p referred . . .
A mount.
Purpose o f issue.
Arm f E x ch . for C. S t P . & K.
C. b on ds.
7 5 2 ,0 0 0 .. E x c. fo r c o n v e r t IM s,
1 3 0 5 0 .0 0 0 \ E x o h for certifica tes o f
1 7 ,0 0 0 ,0 0 0 l p r o p r ie ta r y iu ter ’fc,
4 ,0 1 4 ,6 0 0 l E x ch a n g ed for old ae( e n tit ie s u n der plan.
3 ,4 2 0 ,2 0 0 )
1 3 ,4 1 0 ,9 0 0 ! E x ch a n g e d for N . Y.
S u s. A W estern eto'k.
10,856,400)
2 ,5 0 0 ,0 0 0 ..Im p ro v e m e n ts
2 4 ,r.oo > Issu e d under reorgan1 0 2 ,3 0 0 $ iz a tlo n plan
6 3 0 .0 0 0 . .Im p ro v em en ts.
3 3 5 .2 0 5 .. 1mp. dur. cal. yr. 1898
2 1 ,0 0 0
i a o o o 1 E x ch . for St. L. K. & S.
l s . o o o , w bonds.
2,990,800A cc, of pur,of M.& O.Ry.
75*000^000 \
A c.
T o ta l.......................... .......... ...$ 2 0 5 ,7 1 3 ,8 0 5
USTtSOS OF WIsrKM.A’tEOCS #rocic».
OnmrKiny a n d rla$t o f tioek—
A m ount
Purpnte 0} Imtie.
A m erica n TnluM-eo Co., c o m m o n .. $ 3 ,1 0 0 ,0 0 0 ..Im p ro v em en ts.
H r n n .w lek D ock A I m p t C o., com .
C ha*e K atlon al B ank, c o m m o n ...
C o lo m b o , (Ohio) Gao. com m on .
C olum bus A -H ock. C oal ,k Trnn .
C on#olld *‘ed Gao C o., com m on ..
Com pany an d class o f stock—
A m ean t.
Purpose o f Issue.
ajooH oaa s a m V o s! ock
D e tr o it C ity G as, c o m m o n .............. 9 2 ,044*300 , Exchanged for Detroit
E d ison E lec. III. Co. of N. Y , com ,
1 .0 8 5 .2 0 0 .. I m p r o v e m e n ts .
E a ste r n E le v a to r Co., com m on ..
1 .0 0 0 .
0 0 0 .Old s t o e k j u s t Ijated.
E rie T elegrap h A T elep h on e, com .
2 0 0 ,0 0 J .. Im p r o v e m e n ts.
M ergenthnlor L in o ty p e, co nm on 1 0 , 0 0 0 ,0 0 ) ..Old s to c k j u s t liste d .
i non aaa ( E n tire c a p ita l sto c k
N e w C entral C oal, c o m m o n ............
1 .0 0 0 . 0 0 0 * r e d u fro ra $ 5 ,0 0 0 ,0 0 0
P acific C oast, 1st p f., n . c. 5 p. c . .
1 ,5 1 5 ,5 0 0 ) E x ch a n g e d fo r O regon
2d p f., u. c. 4 p. o ..
3,91-1, tOO > rm p r o v e m o u t seen rC om m on ...................
6 .3 0 9 ,6 0 0 ) ittea u n d er plan .
P e o p le's G as L igh t & C olie (Chi t
aatr aah 5 E x ch a n g e d fo r Ohio*
eago) co m m o n ).................................. *
o 08 T ru st r e c e ip ts.
T o ta l.
.......................................$ 1 2 ,4 3 7 ,7 0 0
LISTINGS o r STREET RAILWAY STOCKS.
Com pany an -f class o f stock A m ount,
P urpose o f issue.
T w in C ity R ap id T ra n sit 7 p. c. /
~
non < P a rt p a y m en t o f guarc u n m la tiv e , p r e f e r r e d ..................... C J /,u u u ( a u te e d 6 p . c. o ils .
U n io n E lev . H R . (C hic tg o )c o in m o n 5 ,0 0 0 ,0 0 0 .O ld s to c k j u s t lis te d .
T o t a l .................................................. $ 5 ,5 7 7 ,0 0 0
i * ■ « « * « • o f p < « t.
s P u rc h a se m o n ey mort*
( upon H elvetiaprop*y«
T o t a l..................................................$ 3 7 ,0 0 9 ,0 0 0
Com pany and title of loan —
|V ol, LX\ II.
4,26!>,800.,F .iccb. um lor plan.
5 0 0 ,0 0 0 ..In c . o f ca p ita l utoek.
7 1 ,9 0 0 .E x t e n am i Im prove’ !#.
4 .7 0 0 ,0 0 0 .. K *. for old securities.
S o n .o o o i E x te n s io n s ,
m eetin g
t m a tu r in g b o n d s, e tc .
The noteworthy issues in this tabulation, in ad
dition to the TiG millions of Union Pacific stock al
ready referred to, arc first, the 24 millions of Erie Rail
road common and preferred stocks used to take up the
stock of the New York Susquehanna & Western; sec
ond, the stock of the Mergenthaler Linotype Com
pany, and third, the shares of three recently reorgan
ized concerns, namely the Pacific Coast Company,
more familiarly known under its former name of the
Oregon Improvement Company, the Colorado Mid
land Ry. and the Chicago Terminal & Transfer RR.
The insignificant character of the listings of socalled miscellaneous or industrial shaves becomes ap
parent upon examination of the following compila
tion, referred to above, showing the leading companies
of this nature organized in recent months.
In d u s tria l Com panies Recently Organized.
Name o f Com pany.
A m erican P e g a m o id C o ,...
A m erican F ish e r ie s Co.......
A m erican M altin g Go..........
A m erican T hread C o ,..........
A m erican S t e e l A W ire Co.
A tla n tic Snuff C o . ................
B u ffalo C ity G a s C o .............
E q u ita b le (III.)G as L .,P h ila
G lucose S u g a r R efin in g Co.
C lev. A S an d u sk y B rew . Co.
D e tr o it C ity G as Co. ..........
I n te r n a tio n a l P a p er C o .-.N ew E ng. G as & C oke C o ..
N a tion al B isc u it Co . . . . . .
P enn . M am L ig h t & P o w e r
Co., P h ila d e lp h ia ..................
Standard D is tillin g A D is
tr ib u tin g Co ........................
U n io n C a rb id e C o ..............
U . 8. E n v e lo p e C o ....................
orJanL-rd.
-Common. aulhorUed^
------ ® ° *
P referred.
D e c., 1 8 9 7 ,
J a n ., 1 8 9 8 ,
S ep t., 1897,
M arch , 18 9 8 ,
M arch, 1898,
A pril, 1898,
N o v ., 18 9 7 ,
J a n ., 1898,
A ug. f 18 9 7 ,
J im e , 1 8 9 8 ,
M arch, 1898,
J a n ., 1 8 9 8 ,
D e c., 1897,
F e b ., 18 9 8 ,
$ 5 ,0 0 0 ,0 0 0
8 ,0 0 0 ,0 0 0
1 5 ,0 0 0 ,0 0 0
6 ,0 0 0 ,0 0 0
1 2 ,0 0 0 ,0 0 0
1 0 ,0 0 0 ,0 0 0
7 ,0 0 0 ,0 0 0
3 ,1 2 5 ,0 0 0
2 0 ,0 0 0 ,0 0 0
3 ,0 0 0 ,0 0 0
5 ,000,000
20,000,006
1 7 ,5 0 0 ,0 0 0
3 0 ,0 0 0 ,0 0 0
F e b ., 18 9 8 ,
1 5 ,0 0 0 ,0 0 0
J u n e , 1898,
A p ril, 1 8 9 8 ,
M ay, 1 8 9 8 ,
1 6 ,0 0 0 ,0 0 0
* 6 ,0 0 0 .0 0 0
1 ,0 0 0 ,0 0 0
T o ta l ................... ................................... ..
$ 2 0 5 ,6 2 5 ,0 0 0
$ 2 ,0 0 0 ,0 0 0
1 5 ,0 0 0 ,0 0 0
6 ,0 0 0 ,0 0 0
1 2 ,0 0 0 ,0 0 0
cn
3 ,1 2 5 ,0 0 0
1 4 ,0 0 0 ,0 0 0
3 ,0 0 0 ,0 0 0
2 5 ,0 0 0 ,0 0 0
2 5 ,0 0 0 ,0 0 0
8 ,0 0 0 ,0 0 0
(?)
4 ,0 0 0 ,0 0 0
$ 1 1 7 ,1 2 5 ,0 0 0
* P art o f th is m a y p e r h a p s be p r e ferred stock .
Nearly all the companies here included are either
in active operation or are shortly to be, and their au
thorized stock capitalization, aggregating as we see
over 320 millions of dollars, is in each case for the
most part either outstanding or soon to be distributed.
It is reasonable to expect that before many months
have passed they will serve to afford a material acces
sion to the securities traded in on the New York Stock
Exchange. Thus far the shares of only one of them,
the Detroit City Gas Company, have been listed in
this citv.
IMPORTS AMD E X P O R T S 'FOR MAY.
The Bureau of Statistics at Washington has this
week issued the statement of the country’s foreign
trade for May, and from it and from previous state
ments we have prepared the following interesting
summaries. The tables are the same as those hereto
fore given by us in our article on the Financial Situ
ation.
THE
2, 1828.)
Ju ly
CHRUN J CL E.
F o r e ig n T s a .d e M o v e m e n t o p t h e U n i t e d S t a t e s .
In th e following tables three ciphers (000) are in all cases omitted.
---------------- 1 8 9 7 -8 .----------------- >
•
-------------- 1 8 9 6 -7 .-------------Excess.
Exports. Im ports.
ExCrti
Export*. Im ports.
M e rc h ’d is e . *
%
1
1
*
1
2 2 1 .4 5 0 1 5 2.433 + 6 9 ,0 17
2 18.475 1 3 1 .937 4-1-20.518
J aly-Scpt..
3 3 9 .7 -5 i 5 *,491 + 1 NO,2*4
O ct.-D ec...
3-53.471 153.860 + 1 0 0 .6 1 1
'-28 l ,055 I S 0.943 + 7 4 .1 2
J a i.-Jdarch
3 i ri.Odi 1 6 ».4il + 1 5 0 .6 1 :
4 4 . W7
April..........
5 Vu8)
7 7 .6 9 101.322 —2 3 .0 :.
Mil 217
77.*71
7 9 ,3 8
M a y ..,.,...
11 0.239
53.259 . + 5 8 .9 :0
-1 /8 7
T o ta l....... 1 . 1 3 5 ,4 #
G o ld .
7 >37
Ju iy -S e p t...
15 4
o ct.-D ec....
Jan.-M arch
4,316
A pril..........
1.323
M ay............
109
5 8 1 ,597 + 5 7 1 .8 3 2
9 7 7 .8 )0
6 7 9 ,547 + 2 9 8 ,2 5 3
9.255
—1.068
18.008 —1 4 4 '4
41,264 -3 8 .9 1 8
3 2.-J4 - 3 l .021
13.119 —1 3 010
1 3 .9 59
1.173
1.28)
8.630
0.467
39,722 -2 5 .7 8 ?
37.*72 -3 6 .6 9 P
1.986
-706
6 10
+8.01.
501
+ 8 PO0
T o tal.......
S ilv e r.
July -S sp t...
Oot.-Dec—
Jan.-M arch.
A pril...........
M ay............
1 1 1,990
-9 7 ,0 4 1
32,439
S 0.761
3
3.360 + 1 1 .0 1
4.367 +-L 1.638
l.rt .0 + 10.50*
+3.768
273
+3.696
488
16,543
16.538
13.574
1,897
4 3 37
2.510
4.050
2.121
679
-.00
+ 14.038
4-12,5*8
+ 11.453
+4.318
+3.571
14.919
1 4 A53
16.003
1 a. 103
4.041
4.154
- 4 8 .2 ,2
50.786
T o tal.......
G o ld in O r e .
Ju ly -S e p t...
3
6
O ct.-D ec....
Jan.-M arch.
72
A pril...........
M ay .... . . . .
10,033
+ 4 0 ,6 )8
5 5 9U
10.026
-t 4 5 , VIS
1.125
1.405
2,069
268
200
—1,122
-1 .3 9 9
—1.9*7
—268
—20 >
58
96
90
l
582
011
1,227
3r>2
390
-524
—516
— 1.337
—350
• —3i9
T o tal........
SI
S i l v e r 1n C r e .
Ja ly -S e p t...
5U
O ct.-D ec__
J a n - March.
51
A p ril........
5P
May............
5,017
—4,936
247
3,102
—2,bJ5
5.4-3
4.835
5.317
•2.K 0
*1.081
-5 .4 7 3
— I.78S
—5.2*3
—*2.0li
-1 .0 3 1
228
128
?43
12
4,392
4,5*4
4.995
1.6«4
1.1*81
-4.16*
—4.1**6
—4.747
—1.*»4
-1 ,9 7 2
1S.903 —18.643
910
17.509
-1 6 ,5 9 3
T o ta l.........
133
+ flrcesa of exports-
— Excess of imports.
We subjoin the totals for merchandise, gold and
gilver for the eleven months since July 1 for sis
years.
M as.
GOLD
M e r c h a n d is e .
Eleven
E x p o r ts . I m p o r ts .
«
t
9 7 9 8 1,135,486 5 6 3.597
9 6 -9 7 977 .8 ' 0 6 7 9 . 5»7
9 3 9 0 8 1 5 901 723.501
9 4 -9 5 752.570 670.308
9 3 -9 1 834.405 5 9 6 406
796.70*
M -» 3 78
Excess of imports.
Excess
of
E xE x p o r t * p o r ts .
Im
p o r ts
l
$
$
5718S9 1 5.930 117.C5
29825b 32.73^83.929 2 ,3 tO 105,18!; 3 1,630
82.262 6 6 . 33 3 4,085
2 3 7 9 0 9 53.71* 72.C0'.
*14,488 106,970 2 0 ,16 j
SILVKH
E x c e ss
of
Ex
E xport
p o r ts .
i
t
•102,027
•51,18
72.851
32.248
*18.291
8 5 . MB
50,9lk
56.860
56.098
43,172
47.283
36.721
Im
p o r t.
*
M e r c h a n d is e
GOLD.
'»
t
1 8 9 8 525.^40 2 7 3 780
1 8 9 7 4 1 6.575 367.02*
1 8 9 6 . 377.907 3 13,49:*
1 8 9 5 331.897 329,**?8
1 8 9 1 . 341.601 2 8 1 .1 0
1 8 0 1 . 32*i,0« ‘487.107
• Excess of Imports.
f
251 7 6 0
48.952
64.411
1,95
6 0 402
*ti l
2 8 ,8 4 22.055
27,53 29.326
26.190 29.906
18.170,2 4,9 ao
18.705 2N.51-’
2 I.0O71
15.114
«
»
*
*
Im Excess
ports. of Ex
ports.
*
5 .8: o 89.201 • S 3 .il* 20.141 1 0,859
17.17
36.06
35.413
47.65<7 1 OU
5.13**
•t 4.B60
21.615
1 0.7ft>*
I 0.01 ■
-------- 18 9 8 .---------- . *
---------- 1 8 9 7 .--------- No. o f
A m o u n t of No. o f
Am ount of
S e co n d Q u a rter.
F ailures. L iabilities.
New E n g la n d S ta te s .......... .. 491
$6,8-4 2 762
3 :8
$1 3 .257,063
M iddle S ta te s ........................
12,6 J4 ,809
b 15
11,719,563
S o u th e rn S ta te s ...................
4,18 9 .8 7 1
570
S o u th w e s te r n S ta te s .......... . . 197
1 297,681
228
2,270,331
C e n tra l S ta te s ..................... . . 547
6,3 13,615
393
6. 94,3 0
W este rn S t a t e s ................... . . 252
1,017,727
266
2.335,39*
P acific S ta te s a n d T e r r ito r 1 3 05
’s.
1,511.609
269
1 ,9 /1 ,3 5 8
A g g re g a te U n ite d S ta te s .,..3 .0 3 1
$ 14,493,074
2,889
D o m in io n of C a n a d a .........
S ix M onths.
New E n g la n d S ta te s .......... ..1 ,0 1 7
M id d le s t a t e s ....... ................
S o u th e rn S ta te s ................. - 1 ,1 7 8
S o u th w e s te rn S ta te s .......... .. 4 ) 5
C e n tra l S ta te * ....................... .
W este rn S t a t e s ................... . . 600
P acific S ta te s a n d T e rr ito r’s. 655
$ 1 ,9 9 5 ,7 7 0
368
$ 2 ,9 3 9 ,3 5 1
$ 1 3 ,3 8 1 ,8 0 6
2 3 ,4 1 3 ,2 1 7
8,^1 9 ,5 8 8
3,11 V >76
11,909,298
3,704 576
3,699,078
839
1,792
1,302
518
1,097
» 26
6 17
$ 1 7,812,351
29 ,1 3 8 ,9 1 7
13,506^273
5 '2 1 8,716
1 6 ,7 2 9 ,0 1 0
5,53 1 ,7 0 4
3 ,7 5 5 ,8 1 6
A g g re g a te U n ite d S ta te s . ..6 ,7 1 8
$ 6 7 ,4 4 4 ,6 3 9
6.821
$ 9 1 ,6 9 2 ,7 8 7
$ ’ ,00> ,010
1,042
$8 ,1 2 4 ,3 5 1
D om inion o f C a n a d a ......... .
$ 1 3 ,6 8 4 ,8 7 6
The record of failures by quarters for the first six months
of the last fourteen years is as follows:
------F irst Q uarter.------v
F a il u r e s .
N u m b er
Am ount of
rears—
F ailures.
L ia b ilitie s.
1 8 8 5 ....................... . . . 3,658
$46 ,1 2 1 ,0 5 1
18 86 ..................... . . . 3,203
2 9 .6 3 1 ,7 2 6
1 * 8 7 ....................... . . . 3 ,0 0 7
3 2 .1 6 1 .7 6 2
1 8 8 8 .......... .......... . . . 2.948
3 8 ,8 * 4 ,7 8 9
1 8 8 9 ....................... . . . 3,311
4 2 ,9 7 2 ,5 1 6
1 8 9 0 ....................... . . . 3.223
3 7 ,8 5 2 ,9 6 8
1 8 9 1 .......................
4 2 .1 6 7 ,6 3 1
1 8 9 2 ....................... . . . 3.3 8 4
3 9 ,2 8 4 ,3 4 9
1 8 9 3 ....................... . . . 3.2 0 2
4 7 ,33S ,300
1 8 9 4 ......................
6 *,137,333
1 8 9 5 ....................... . . . 3.802
4 7 ,8 1 3 ,6 3 3
1 8 9 6 ....................... . . . a ,031
5 7 ,4 2 5 ,1 3 5
4 * ,0 0 7,9 1 1
1 8 9 7 ....................... . . . 3,9 3 2
u 9 3 ....................... . . . 3 ,6 8 7
3 2 ,9 4 6 ,5 6 5
— Second Q uarter—
N u m b er
Am ount of
F ailures.
friabilities*
$ 2 8 ,6 0 1 ,3 0 4
2,346
1,953
2 0 .7 5 2 ,7 3 4
1,905
2 2 .9 7 6 .3 3 0
2 9 ,2 2 9 ,3 7 0
2.241
2,292
2 2 .8 5 6 ,3 3 7
2.162
2 7 ,4 6 6 ,4 1 6
2,529
5 0 ,2 4 8 ,6 3 6
2,119
2 2 .9 8 9 .3 3 1
3.199
121,5 11.239
2,735
3 7 ,6 0 1 ,9 7 3
2 855
41,026,2**1
2,995
4 0 ,4 4 1 ,5 4 7
2,839
43,* 8 4 ,8 7 6
3,031
3 4 ,4 9 8 ,0 7 4
I^XouctautjlCo nxnxcvciat gixgttsTx^cms
f
SILVER,
Exports. Imports. Exces > E x
Im Excels E x
of
of
Export < ports. ports. Expo-ts ports.
June 30, 1898, and for the six months ending with the same
date. For purposes of comparison like figures for the cor
responding periods of the preceding year are given :
Exces
O f Bs
PO T'
Similar totals for the five months since January 1,
make the following exhibit.
Fire
Mos.
11
$
9,5*2
12,334 23,00- 12.0 *9 11,019
11,118 25.8*3 12.*- 0■ 13.616
1 0.818 1 9 /0 9 8,353 11,450
3 6 .‘*5 20.501 tt+1 1 3 .8 h7
6 0 096 1 5 *7 • 1 1.919 3.752
In these tables of totals gold and silver in ore for
all fiscal and calendar years except 1802-93 are given
under the heads respectively of gold and silver; for
1892-93 both are included in the merchandise fig ures.
The following shows the merchandise balance for
each year back to 1875.
e x c e s s OF MERCHANDISE IMPORTS OR EXPORTS.
I t m onth! en din g Mag 3 1 —
5 m o n th s e n d in g 17a u 3 1 —
.... I m p o r ts .$ 1 6 ,6 5 0 , ,671
1 8 7 5 .............,T m p o r ts .$ 14 ,4 1 8 ,1 8 4 1 8 7 5
1876
....E x p o r ts . 6 7 ,5 3 8 .9 9 4
1 8 7 6 .............. E x p o r ts . 3 7 ,959, 2 9 0
1877
....E x p o r ts . 1 5 5 ,8 7 7 ,7 79
1877
.... E x p o r ts . 42,622, 0 9 3
.... E x p o r ts . 14 4 ,6 25 ,9 2 5
1878
.... E x p o r ts 2 4 6 ,5 8 5 ,6 2 4 1 8 7 8
1879
....E x p o r t s . 1 0 8 ,8 3 1 , 81
1879
.... E x p o r ts .2 5 8 ,< 5 7 ,0 3 8
1880
....E x p o r ts . 1 9 ,5 4 5 ,7 5 3
1880
.... E x p o r ts .1 5 6 .0 6 8 .t7 1
1881
....E x p o r ts . 9 3 ,470,,4 9 6
1881
.... E x p o r ts .2 5 5 ,1 8 3 .2 4 8
1 8 8 2 ............... I m p o r ts . 2 7 ,8 2 5 ,3 4 7
1882
.... E x p o r ts . 3 7 ,5 1 4 ,3 6 8
.... E x p o r ts . 5 6 ,5 2 3 ,63o
1883
....E x p o r ts . 111.0 1 9 ,0 9 9 1 8 8 3
1884
....E x p o r ts .
9 ,5 7 8 5 7 7
1884
....E x p o r ts 7 1 ,6 3 8 ,6 5 3
1 5 8 5 ................ E x p o r ts . 5 8 ,1 4 3 ,3 2 1
1885 .............. E x p o r ts .1 6 5 ,4 9 2 ,0 5 8
....I m p o r ts .
2 ,0 7 4 ,0 4 i
1886
....E x p o r ts . 4 2 ,3 9 1 ,3 8 8 1 8 8 6
1887
....E x p o r ts . 3 7 ,1 3 7 ,9 5 7
1887
....I m p o r ts . 13,815, 6 I 0
1888
....Im p o r ts . 9 ,7 0 9 ,0 7 1
1888
.... I m p o r ts . 43.281, 76d
•
1889
....E x p o r ts . 1 0 ,2 1 1 ,3 4 3 1 8 8 9
....I m p o r ts . 17,713, ,63’ft
1 8 9 0 .............. E x p o r ts .
3,6 0 2 ,22
1890
....E x p o r ts . 9 0 .8 4 1 .8 6 7
1891
....E x p o r ts . 5 5 ,4 3 2 ,1 0 5
1891
....E x p o r ts .
2,605, 92n
1892
....E x p o r ts . 54,553, ,04S
1892
....E x p o r ts .2 1 0 ,0 0 3 ,9 1 7
1893
....I m p o r ts . 64 ,5 5 2 ,042
1893
....I m p o r ts . 1 4 .4 8 7 ,7 5 3
1894
....E x p o r ts . 60,402, 7 7 ?
1 8 9 1 ................ E x p o rts .2 ? 7 ,9 0 8 ,5 1 5
l s 9 5 ................ E x p o r ts .
1,959, .172
1895
.... E x p o r ts . 3 2 ,2 6 2 ,4 1 1
.... E x p o r ts . 64,414, 30",
1896 ...............E x p o r ts . 9 2 ,3 1 0 , 33 1 8 9 6
1897
.... E x p o r ts . 48,951
1897
.... E x p o r ts . 2 9 8 ,2 5 1 ,1 3 1
.... E x p o r ts .2 1,760, 0 2 6
1 8 9 3 ................ E x p o r ts .5 7 1 ,8 8 9 ,0 3 7 1 8 9 8
2
F a il u r e s f o r S e c o n d Q u a r t e r a n d S in c e J a n u a r y L —
The following figures, prepared by Col. W. M. Grosvenor
for Messrs. R. G. Dun & Co., show the number of failures
in the United States and Canada during the quarter ending
[ F ro m o u r o w n c o r r e s p o n d e n t.]
L ondon , Saturday, June
18, 1898.
The settlement of the dispute between this country and
France respecting West Africa has come as a great relief to
the market. The dispute has dragged on unpleasantly long
and some months ago it threatened to assume a very serious
phase. Happily both Governments recognized the danger in
time. A commission was appointed to frame some kind of
an arrangement and strict orders were given on both sides to
the officers on the spot to avoid all collision. At last a set
tlement has been arrived at by which large mutual conces
sions are made. In this country no serions interest was felt
in the subject. Indeed if the French had not invaded terri
tory which was believed here to be unquestionably British
there would probably have been hardly any public notice
taken of the matter. It was the entrance of French troops
upon what was believed here to be British territory that
created the grave danger. Now that many of the places are
given up the public is satisfied.
Which side has made the best bargain nobody knows, and,
to speak frankly, very few care, for ou;side of a few mer
chants, especially in Liverpool, there is scarcely any interest
taken here in West Africa. The settlement, then, is cordially
welcomed, the more particularly as everybody assumes that
if France was harboring designs which might lead to fresh
disputes she would not think it worth her while to settle the
West African busin°ss. It will be recollected that a few
weeks ago grave apprehensions were entertained of the de
signs of Fiance upon certain positions in Morocco and upon
the Canaries. Now it is assumed that the suspicions must
have been entirely unfounded or else France would not think
it worth while to make the present large concessions.
But though the settlement has come as a relief, there is yet
no more inclination than there was to engage in new enter
prise. As long as the Spanish war goes on there will be
always danger of complications and people therefore will
be afraid to engage in new risks. Moreover, the bankruptcy
of Spain seems imminent, and if there is a great collapse in
Spain, French investors will suffer severely, and there may
possibly be a kind of crisis in Paris, though it is hardly
likely that there will be, since the collapse of Spain has been
expected by everybody for so long a time. Then again
the condition of Italy is very uncertain. The Austrian P ar
liament has been prorogued for some months and it is gen
erally assumed that the Constitution will be suspended. In
fact, the outlook in Austria Hungary is growing darker and
12
THE
C H R O N IC L E .
darker every day. la th y B tlsaa Peninsula there is wide
spread unrest. Still, people believe that Rnssiui influence
will be strong enough to prevent an out hr. ak. For nil that
there is enough of uncertainty in every direction to prevent
any great activity on the Stock Exchange.
The compromise arranged between Messrs. Rothschild and
She Brazilian Government has been concluded and practi
cally no Opposition is offered to it by the Brazilian bond
holder*.
Exceedingly good news comes from Australia to the effect
that at last the drought is at an end. During Saturday and
Sunday last it is reported by private telegrams received
in the city that as much as 1 inchei of rain fell over the
greater part of New South Wales and Victoria, and that the
weather remains mild as well as damp, and although it is
now mid-winter in the colonies there will therefore be good
vegetation. The break-down of the wheat corner in Chicago
is likewise regarded here as a very favorable event. The rise
In wheat has added very largely to the cost of our im pirts,
and if It had continued dearer oread would have lessened the
purchasing power of the working classes, and therefore
wonld probably have adverse! ■affected oar trade. The de
cline in price, therefore, is felt to be favorable to the welfare
of the working classes and to the progress of European trade.
Upon the Stock Exchange the only event of any importance
is the fall in American securities brought about by sales
from New York, no doubt due partly to the break down of
the wheat corner and partly to preparations for the coming
war loan. Very considerable quantities have been bought
here but the general investing public is still ho'ding aloof,
although there is a better demand undoubtedly for good
bonds.
In the other departments the public is doing nothing.
When the Brazilian compromise was first announced the
stocks were put up, but as the public did not buy prices
have gone back again and there is a general dulness all over
the market
The directors of the Bank of England made no change in
their rate of discount on Thursday. The Bank itself is so
strong that, looking only to the figures of the return, one
would be inclined to say that aS per cent Bank rate would be
high enough. Of course, however, the directors had to take
into consideration many other things besides the mere figures
of the returns. It is reported by bankers aud bill brokers
that American bills *n a very large scale are being offered for
discount. That is taken to mean that in preparation for the
coming war loan it is thought desirable to ship gold to New
York. Strong as the Bank is, the shipment of a couple of
millions sterling would probably cause rates to rise rapidly,
for it must not be forgotten that ihe Bank bolds an immense
amount of money for foreign governments, a very large
amount for Japan aud a considerable amount for other gov
ernments, like the Egyptian. While the conditions are such,
while nobody knows how much gold may go thither, and
while it is possible that the demand for Russia and Austria
may again spring up, caution is evidently desirable.
In India the great stringency in the money market is com
ing to an end. On Thursday the Bank of Bombay lowered
its rate of discount from 13 par cent to 10 per cent, while the
Bank of Bengal put down its rate from 1 i per cent to 9 par
cent. The actual returns of both banks fail to expltin the
change. The reserves are very small, and, what is more re
markable still, in the case of the Bank of Bengal the Gov
ernment deposits are as high as 196 lacs, while the total re
serve is only 2 3 lucks. In other words, all but 17 lacs con
sist of Government deposits. From this the general infer
ence is that the Government is purposely easing.the market,
with the intention of bringing out the rupee loan announced
in March. It is almost certain th at the stringency will re
turn in November, and therefore the sooner the loan can be
placed the more likely is its success.
Whether the surmise is right or wrong, there is another
explanation. The rainy season ought to begin almost imme
diately now, and as soon as the monsoon breaks there will be
a great check given to exports. The banks, therefore, may
think that the falling off in exports will bring about a very
considerable decline in the demand for money, that coin will
rapidly return to them, and t hat therefore they are justified
in giv ng relief to trade after so long a stringency. In the
meantime the India Council continues to sell its drafts very
success! ally. It offered for tender on Wednesday 40 lacs,
and sold the whole amount at prices ranging from is. 3 2t-32d.
to Is id. per rupee. Later it sold a very small amount by
private contract.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
dtc., compared w ith the last three years:
1W 0
O
J u n e 16.
*
R H 1 ,<>26
?
IM P 1,086
t ) MM 898
1W®7.
J u n e JO.
k
1800.
J u n e 17.
«
20.689 6 <6
13 160,787
62,3*5.305
>6.205.024
3«.78M«9
39.3.<9.«.8
ili.o 9,193
59 15-16
IB M
J u n e 19
s
[V ol. LXVIl
The quotations for bullion are reported as follows:
June
1C.
Go l d .
L o n d o n S ta n d a r d .
B a r Hold, H ue___o s
B ar (to ld ,p & rtln g .o s.
Q . 8 . g e ld c o in ...o r ..
S e r m ’n g o ld o o ln .o x .
F r e n c h v o id ooln.oz.
J a p a n e s e y e n ___oz.
June
9«
June
16
SILVER.
L o n d o n S ta n d a r d ,
» <i.
f. d .
7 7 10> 3 B a r s ilv e r , f in e .. . or,
77 10
7 7 in % 77 11
B a r a tlv e r .o o n ta ln 'K
7 6 5 ‘a 7 0 5% d o 5 g rs . K old.oa.
76 5
70 5
do 4
KOid os.
76 5
76’5
d o 3 icrs. g o ld . or.
7 0 5*3 7 6 5*9 C a k e s ilv e r . . . . . or.
M e x te a n d o lla r s .o z
June
9.
A.
it.
261816 27%
273s
27%
2613,,
28%
26
2 7 H ,a
277,8
27%
29%
26
Messrs. Pixley & Abell w rite as follows under date of
June 16 :
G old.—T h e d e m a n d f o r J a p a n s la c k e n e d a f t e r th e d e p a r t u r e o f t h e
P . , t O, b o u t, a n d th e r e h a s b e e n le s s in q u ir y fo r In d ia . W .th th e a r
r iv a l o f th e C ip e g o ld o n M <nday, th e p ric e d ro p p e d to 7Xs 9 % d ., b u t
lias s in c e h a r d e n e d o n a d e m a n d f o r R u s s ia , a n d t h e m a r k e t c lo se s
firm a t 7 7 a. i n i. T h e B a n k h a s re c e iv e d d u r in g t h e w e ek , £ 1 6 4 ,0 0 0 ,
a n d h a s w ild £ 2 8 0 ,0 0 0 , o f w h ic h £ 2 c,O H " w e re 1n Y en . A rriv a ls :
A u s tr a lia , £ 3,0 0; S o u th A fric a , £ 2 8 7 ,0 0 0 ; C h ill. £ 2 ,5 0 0 . T o ta l,
£ < 0 7 ,5 0 0 . S h ip m e n ts : B o m b a y , £ 1 0 2 ,0 0 0 ; J a p a n , £ 5 1 9 0 0 0 . T o ta l,
£ 6 5 1 ,0 0 0 ,
S liv e r .—W ith th e c e s s a tio n o f th e d e m a n d f o r S p a in , t h e p r ic e
d ro p p e d fro m 2 7 %d. to 26% d ., b u t In d ia th e n c a m e in a s a b u y e r , a n d
o n m in e r s o f f u r t h e r 'r e q u ire m e n ts fo r S p a in , th e m a r k e t h a s s lig h tly
h a r d e n e d , a n d d o s e s SU
, a f te r b e in g 26% i. In d ia n r a t e 6 9 R s.
p e r 100 T o talis,
A rriv a ls : C h ili, £ 2 4 3 00; N ow Y r k , £ 1 2 7 ,0 0 0 .
T o ta l, £ 1 5 1 ,3 0 0 . S h ip m e n ts to B o m b a y , £ 9 / 0 0 .
M e x ic a n D o lla rs .— T h e re h a s b e en a f a ir b u s in e s s in D o lla rs d a r in g
t h e w e ek , a n d th e p r ic e Is 2 0 d . S h ip m e n ts to S tr a i ts , £ 9 ,5 0 0 .
The following shows the imports of cereal produce into
the United Kingdom during forty-one weeks of the season
compared with previous seasons :
IMPORTS.
1 8 9 7 -8 .
1 8 9 6 -7 .
Im p o r ts o f w h e a t.o w t. 4 9 ,6 5 0 .4 1 0 5 4 ,2 7 4 .0 5 0
B a rle y ............................... 17,303,39-1 1 8 ,1 2 5 ,5 9 0
O a ts .....................................1 1 ,5 2 9 ,2 '0 1 3 .3 8 9 ,9 8 0
P e a s .................................. 2 .0 2 9 ,7 8 0
2 ,7 2 3 ,7 9 5
B e a n s ................................ 2 .0 8 4 ,3 1 0
2 ,2 5 3 ,6 5 0
In d ia n c o r n ..................... 4 1 ,8 8 3 ,6 0 0 4 7 .9 3 0 ,0 4 0
B le a r...................................1 6 ,6 2 7 ,9 7 0 1 6 .6 5 2 ,4 0 0
1 8 9 5 -6 .
3 1 ,8 3 3 ,8 1 0
1 8 .5 1 0 ,0 0 0
1 0 ,6 9 2 . 80
2 .0 7 7 ,6 1 0
2 ,7 5 0 .9 1 2
3 5 .1 6 6 .5 7 0
1 6 .0 0 i,0 7 0
1 8 9 4 -5 .
5 5 .6 7 9 ,9 8 6
2 0 .9 9 7 ,8 4 4
1 1 ,5 7 3 ,2 2 7
1 ,8 8 7 ,1 5 9
3 .5 1 5 ,7 7 2
2 0 ,1 0 7 ,5 1 4
1 5 ,4 4 2 ,6 6 0
Supplies available for consumption (exclusive of stooks on
September 1):
189 7 -8 .
1 8 9 6 -7 .
1 8 9 5 -6
1894-5.
W heat im p o r te d , o w t.4 9 ,6 5 0 ,4 1 0 5 4 ,2 7 1 ,0 5 0 5 1 ,8 3 3 .8 1 0 5 5 / 7 9 , 9 8 6
I m p o r ta n t flo u r..........1 6 ,6 2 7 ,9 7 0 1 6 .6 5 2 ,4 0 0 1 6 .0 0 1 ,0 7 0 1 5 ,4 1 2 ,6 6 0
S ales o f h o m e -g ro w n .2 2 ,2 4 5 ,3 6 7 2 1 ,4 1 0 ,3 6 3 1 3 ,0 9 0 .2 4 3 1 7 ,9 3 3 ,8 7 4
T o t a l .......... ............. 8 8 ,5 2 1,747 9 2 ,3 3 7 ,3 1 3 8 0 ,8 3 7 ,1 2 3
1 8 9 7 -8 .
189 6 -7 .
1 8 9 5 -6
A ver. p ric e w h e a t,w o e k .4 5 r. 4 4 . 27 s. 4d .
2 5 s. I d
A v e ra e e p rlo o , s e a s j n ,3 6 s. I d . 2 8 s. 9 1
25s. Id .
8 9 ,0 5 6 ,5 0 0
189 4 -5 .
2 5 s. 9 d .
2 0 s. 4 d .
E a z l l f h F i n a n c i a l l l a r l t e t s —P e r C a b l e .
The dally closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Ja ly 1 :
London
Bat.
M on.
lilv e r , p e r o u m e —
d.
J o n s o le ., n e w , 2 % ji.o ts .
F o r a o o o n n t .................
f c ’ o h r e n t e s d n P a r is ) fr.
i.to h . T o p . & S a n t a F e .
Do
do
p r e f.
C Jaaadtan P a o t f l o ............
^ le a a p a a k e < O h io ........
fe
O h io ., M il. & S t . P a u l . . .
jv>nv. < R io G r .* p r e f . .
te
tfrie, c o m m o n ..................
1 s t p r e f e r r e d ................
ClllnolB G e n e r a l................
273,8
U U ,e
111%
02 5 7 ^
13%
34%
30*a
2 3 5a
102%
5214
13\
37
1071*
193
5 4%
67
l l ’s
120
151*
53**
31
723g
59 M
i
9%
2338
11%
8%
30%
241*
62 *3
273,8
iu %
iii« „
102-55
13%
34 \
86%
23%
101%
& N a s h v ille .
S e x lo s n C e n tra l, 4a ..
d o . K a n . & T e x ., o o m ..
8, Y. O e n t'l A H u d so n .
1, Y. O n ta r io & W ea t’n
N orfolk < W e s t’ll, p re f.
fc
N o rth e rn P a c ific , c o rn ..
P r e f e r r e d .......................
? © n n ey lv an ia .................
P h lla. & R e a d ., p e r *h.
P hil. A R e a d ., 1 s t p re f.
Phil. & R e a d ., 2 d p r e f .
S o n th 'n R a ilw a y , c o m .
P r e f e r r e d ........................
U n iis v llle
J n l o n P a o l f lo ........
Do
Vs.h«.tth-
...
n e w p r e f ..
Tfso
5238
13%
37
10734
1941*
54
68%
11%
1 1 9 ij
15 *a
53 Si
31%
72%
59%
9%
23%
12
8%
30%
24*
62%
19*
T K u r t.
F r i.
27*i«
2 7 5 ,e
27®,e
111% 111®,,, 111*3
111*
lll« 8
102*50 0 2 52% 102*60
13%
13 °8
13%
3434
34^4
34k
85%
85%
85%
23*2
73%
23%
101%
101 *s 101%
515 q . h l%
52%
13k
13*
13*2
36*
36
36k
108
107%
108
195
195
195
531 q
53%
53%
6 7 *4
67%
67
ll* k
H k
11%
119*2 11934 119%
15 La
15%
lftJ*
5312
53
53
293*
29%
30*3
71
71%
1 1
69*
59%
59%
9%
9%
9%
23 *«
23%
23%
12
u%
11 %
8%
s%
8%
30k
30%
3 0 JU
; 2434
2 i%
2**8
6 1 1*
6 '%
61%
19%
19®8
19*3
27%
Tue*.
ffeet.
©onxnicucial aticX iT Is c ella u c o up,
fcX
1 12
112 1,6
02-92%
13%
S 4%
84%
23*4
10 1%
52
13*2
36
108
53%
65*4
Ilk
119%
15*a
53*4
30*4
71%
59*2
»%
23*9
n%
8%
30%
24k
61
39%
c urs
I m p o s t s a n d E x p o r t s f o b t h e W e e k ,— T he f o l lo w in g ar«
the imports at New York for the week ending for dry ^ooda
June 23 and. for the week ending for general merchandise
June 24 also totals at ice the beginning of the first week
in January.
FOREIGN IMPORTS AT NBW TORK.
F o r v>t,rk.
d r y gooiiR ........
G e n 'l m e rM la e
1898.
$ 1 ,1 3 7 ,4 2 1
6 .1 3 0 ,5 9 6
1897.
$ 3 ,0 7 6 521
6 ,7 1 8 ,1 6 5
1896.
$ 1 ,2 9 7 ,8 5 2
0 ,5 8 2 ,8 6 4
1895.
$ 1 ,9 7 2 ,3 3 0
6 ,6 6 7 ,0 6 8
drrr»)A?
, , ...................... .
87,787.310
25.884.490
11.20'V 70
Pilt>liC (i9(fi)giL|.......... .. ... . . ..
$ 8 ,6 3 9 ,3 9 8
H 7.U76
.6H
$ 7 ,2 6 3 ,0 1 7
9 ,7 9 4 ,9 * 9
$ 7 ,8 8 0 ,7 1 6
T o ta l ..........
8-.WS0. 06
O ther deposit#...... . ........ .
8?.>3v.2< U
S in c e J a n . 1 .
Government. *ccurtt w v..............
l8,PMl.ii3W Ory g o o d s ........ $47,354*437 * 7 4 ,3 * 8 .0 42 $ 5 8 4 6 2 ,8 2 4 $ 7 1 ,3 8 1 ,8 0 7
‘ Hfler i ^ a r lU w .. . ................. 3 4,27 <,747 28.2:10.050
R M 9rre o! n n U ' t *n«J co in ..
v7.f3J.IOi 86.K43.0U
29.5 J .M l Sfen’I m e r ’dle e 1 6 7 ,3 7 7 .2 0 0 1 9 9 ,1 8 3 ,7 6 0 1 7 4 .8 4 3 ,9 9 s 1 7 9 ,3 4 6 ,1 1 6
S
Coin boHiotw botti <iei»H*tm*L« * *.! »«.l ?7 30. -L '.-fit
38,U;.S3l
4* 16-1C
.’’ rot*, renerre lo
p et.
61 6 10
T o ta l 2 5 tveeke $ 2 1 5 ,2 3 1 ,8 9 3 $273*571,802 * 2 3 3 .3 1 1 .8 2 2 $ 2 5 0 ,7 2 7 ,9 2 3
Oi
.1
Hunk r»?*3
____ p e rce n t.
2
2
2
112 13-10
111 7-10
ion 7-io
Con*nis.
per ce n t..............
U 2 1 MG
Tne imports of dry goods for one week later will be found
20 -'ll.
«*<»- no
S tiver. ..
................... .
313#l.
■Ci*>*,rfo g -H o u *a - fi-iu rn * .
I6t,63?,000 l i3 ,402,0110 U 9 k
674,000 130,729.000 la oar report of the dry goods trade.
1
M
il
J u ly
THE CHRONICLE.
2, 18W .J
8
The following is a statement of the exports (exclusive ol
•pecie) from the port of New York to foreign ports for the
week ending June 27 and from January 1 to date:
EXPORTS PROM NRW TORE FOR THE WEEK..
1898.
F o r th e w e e k ..
P r e v . re p o rte d
1897.
1896.
1895.
$ 8 ,4 7 4 .3 6 5
2 3 7 ,4 1 5 ,8 0 8
$ 9 ,6 1 2 ,6 3 4
1 9 0 ,0 0 3 ,3 2 5
$6 7 4 8 ,6 7 7
1 3 0 ,0 6 1 .4 3 2
$ 6 ,7 4 6 .^ 1 5
1 5 9 ,0 0 2 ,3 0 9
T o ta l 2 5 w e ek s $ 2 4 5 ,8 9 4 ,1 7 3 $ 1 9 9 .6 1 5 ,9 5 1! $ 1 8 6 ,8 1 0 ,1 0 9 £ 1 0 5 .8 3 8 ,6 2 4
The following table shows the exports and imports oi
specie at the port of New York for the week ending June 25
and since January 1, 1898, and for the corresponding periods
in 1897 and 1896.
EXPORTS AND IMPORTS OP SPECIE AT NEW TORE.
Im p o r ts .
E x p o rts.
Gold.
W eek.
S in c e J a n . l .
........
$ 8 ,0 0 0
2 9 ,8 5 0
4 ,5 0 3 ,1 9 5
S oach A m e ric a ........
Ail o th e r c o u n tr ie s .
265
9 7 ,2 0 7
2 0 ,2 9 2
T o t a l 1 8 9 8 ..........
T o ta l 1 8 9 7 .........
T o ta l 1 8 9 0 ..........
# 3 8 .1 1 5
4 ,8 0 6 .2 6 6
950,1100
$ 4 ,6 2 8 ,8 9 4
2 4 ,3 4 5 ,1 2 0
4O .806.O8o
S in c e J a n . 1
$200
8 ,0 0 0
VFeet I n d i e s ..............
W eek.
1 .4 1 0
1 4 ,3 0 6
505
1 ,5 0 2
$ 1 7 ,7 2 3 * 6 8 ,934.014
7 3 .9 9 9
1 ,8 5 1 .3 2 2
1 5 .2 5 6 1 * .5 0 \0 1 7
Im p o r ts .
E x p o r ts.
S ilv e r .
W eek.
W e st I n d ie s ................
B o oth A m e ric a ........
A ll o th e r c o u n trie s
T o ta l 1 8 9 8 ......... |
T o ta l 1 8 9 7 ..........
T o ra l 1 8 96 ........ |
$33 0 1 5 .7 5 4
12.74 6,764
1 9 ,7 9 3 ,2 8 9
• 2 ,6 2 9 .9 -2
57 .0 9 1
261.9*44
5 2 9 ,1 9 0
S in c e J a n . 1.
* 9 2 3 ,2 7 6 $ 1 9 ,8 7 2 ,0 8 3
4 4 9 ,0 0 0
410
3 1 0 ,2 1 7
7 5 ,0 0 0
14.15S
1 7 6 ,0 5 2
..............
3 ,6 2 2
..............
$ 9 9 8 ,2 7 6 $ 2 0 ,8 2 6 ,1 4 3
1 ,0 6 9 .8 IS 2 2 .9 2 5 .0 3 5
5 7 2 .2 0 0 2 5 .0 >1,78
W eek.
S in c e J a n . 1
* 3 .8 4 2
1 3 2 ,8 9 8
78
6 ,3 2 2
$ 1 1 ,587
23.732
2 ,0 7 0
2 3 3 .8 0 8
0 1 5 .931
38 4,709
2 2 ,9 1 7
$ 1 4 3 ,1 4 0
7 7 .4 9 8
39 221
$ 1 ,2 9 4 ,7 5 4
1,.- 0 6 ,1 5 7
1. 4 7 ,2 9 2
........
13
BANKS.
(008 omitted.)
Capi
tal.
Utsi>(jxu. ivt.cn
Loarudc
Leo' 1.
Sur Inv st- Specie. A B ’tc Olear’g Other Net
De
plus. inents.
N ‘tea. Agent. 3ks.< posit*.
>
Scc
New Y o r k Ci t y .
A.stor Place...........
Colonial........
Columbia...............
Eleventh W ard__
Fourteenth Street.
Franklin National.
f+anaevoort____
Hamilton_
_
Ride A Leath. Nat.
3"iue.
..............
Hudson R iver......
Mount M orns_
_
Mutual...................
Nineteenth Ward.
Plaza. ...... ...........
Rt verside...............
State.......................
Twelfth Ward. ...
Twenty-third W’d.
Union square........
Yorkville ............
Astor Nat’l B ank..
$
250,0
1('0,0
300,0
100.0
100.0
200,0
200.0
200.0
500,0
100,0
200.0
250,0
2d0.0
100.0
100.0
100.0
100.0
200.0
•100,0
200.0
100.0
300,0
$
309.5
54,8
186,0
117,4
50,9
9,3
28,1
75,7
150,1
84,9
188,2
*8,0
102,7
24,0
107,2
90,7
78,1
149,1
40,0
287.0
120.1
2,1
$
2.408,1
723.J
L.812,0
1,158,9
710.9
470,0
00M 8
,
L‘219.4
,
2,020,8
453.0
1.1"6,0
1,311,9
940,8
582,4
9*5.0
758.1
1,277,0
l,o9o,5
680,4
l,7ol,2
1,018,0
1,070,9
$
23*.0
19,8
12L.0
69.3
30,0
90.0
30.4
55,0
294.0
90,3
31,0
59,9
23.4
20,1
29,7
11,8
04,U
34,0
22,0
120,0
110,8
217,1
55,8
105 ,0
09.2
93.3
22.0
42,5
0(,1
120,1
51,9
83,0
89, L
93.X
93.7
08,3
3 J,0
32.0
92,8
74,1
la s ,'2
07,5
150,0 115,3
Broadway.............. 100.0 108,9
Brooklyn.............. 300.0 100,2
Eighth Ward........ 100.0 30,1
100.0 53,3
200.0 171,5
150,0 01,0
252.0 411,2
500.0 397,8
100.0 189,1
300.0 571,9
300.0 554,9
100.0 109,8
100.0 105.4
ulueonsCo. (L.I.C.) 100.0 122,3
100,0 58,2
100,0 08, x
200.0 214.2
100.0 52.1
100,0 45,8
Wallabout.............. 100,0 28,2
1,017,9
1,252,9
1.300,0
278,1
509,2
899,1
598,9
2,023,4
2,304 3
824,8
3,810.0
2,238.0
772,2
081.3
1.048,1
490.8
402.5
1,023,7
305,0
270.0
491,9
27,7
25.4
09 3
7,1
28,7
50,7
45,3
229,3
84.3
54,3
322,0
191,0
10,7
38,9
138,0
20.7
7,9
100.0
93
S5
13,7
72,9
118.4
41.2
29.2
22.8
27,4
33.3
350,0
110.4
48,1
276.0
401,0
61,7
35,4
192,1
19,4
36,9
13,5
22,5
16.8
40.5
Oth er Cit ie s .
400,0
250.0
250.0
200.0
110,0
2d Nat.. Honokei.. 125.0
25.0
1st Nat.,Staten IsL 100.0
742.5
510.9
3*0,3
179,0
402,2
8\6
43,3
07,4
$
185,6
207,9
161,0
40i,8
147,5
100.0
41.6
07 7
173,4
91,0
219.0
76 0
118,5
100,8
282,4
61,5
84,0
125,8
43,0
410,6
187,4
2 0 5 ,0 145,5
$
6 0 ,1
$
155,0 2,702,r
908,1
60,0 1,857,0
1,574,2
900,0
61,2
534,1
1,215,2
1,616,5
14,9
1.159.0
190,0 1.647.0
1,8
886 2
0,9
758,0
1,207.0
719,8
128,6 1,495,0
130,2 1,469,2
67,6
796:3
2.328,2
23,0 1,201 0
1,170,9
135,8 85,0 1,154,2
197,8
1,434.0
280,6 43.0 1,425.2
30,8
5,0
248,8
54,4 18,6
473,363,6
749,0
115,1
012,3
500,9
2,544,7
143,5
2.302,0
168,3
73,9
900,6
7al,0
7o,0 4,442,0
4(9.0 229,0 2,970,0
96,8 525.0 1,268 4
04,0 30,4
727.1
347,4 144,0 2,274,5
128,0
524,5
dn,0
340,5
300.0 ii,o 1,040.0
7.0
80.9
391,7
37.5
51,7
251 3
88,6 32,5
538,0'
4.016,2 115,2 199,0 420,3 15740
1.980,1 114.0 08.3 184,2 289,8
1.520.2 69,8 65,3 298.4
830,8 22,1
8y,2 178,1 110.0
1,550.7 104,8 29,4 L09 9 150,9
078.8 44,3 36,1 79,3 128,3
19.5 19,3 94.8
370.6
£
498,7 21,0 27,3 80,0
....
5,542.8
1,968,0
1,309,9
883.8
1,509,7
797,5
401.5
473,9
Of the above imports for the week in 1898 $1,4)0 were
66 800,0
S8.07Q.I
4.2824 O.ioj.l
June 25.. 0,012,0
American gold coin and $9i American silver coin. Of the Totals J uue 18... 0,0/2,C 8,472-1 SO 0 13 . 1 .783 .. 4 ,24b. 0 .237 ^ 4 .430 .0 x07 ..040,4
4,01
Totals
8.472,1
exports during the same time, $30,115 were American gold
t0/2.C 8 ,4 -2 . <iQ,26l,C 1.040, 4,28/,
Totals June 11.. O
ol0 7 3 6 4 ,C
coin.
_______
New York City, Boston and P hiladelphia Bauks.—Below
New York City C learing House Banks.—Statement of cot- we furnish a summary of the weekly returns of the Clearingdition for the week ending Jane 25, based on averages oi Souse Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the non
daily results. We omit two ciphers (00) in all cases.
member banks.
B an ks.
(J a p ila l S u r p i't
Lo a n * . \ S p ecie.
Bank of New York.. f2 ,000.0 $1,901.1 $14 870.0 $3,890,0
Manhattan Co.......... 2,050.0 2.159,8 13.404.0 6.055 0
2,000.0
Merchants’ .............. -------- 1.005.4, U .200.1 5.002.1
Mechanics’ . . . . . . . . . . 2,000.0 2,018 91 9.677,0 2.192,0
A m erica.................. 1,600,01 2.690.1 20,812.8 4,979.9
250.6 4.210.0
844.0
Phenix...................... 1,000,0
0
C i t y ......................... 1 . 000. 3.967.4 50,179.3 34,020.8
122,11 2,902,7
707 5.
750.0
Tradesmen’s ............
.........
300.0| 8.951.8 2j.«l4,0 10.4M8.tf;
Chem ical..................
189.9
4,7S3 4 1,124.8
000.0
Merchants’ Exch’ge
7.276,9 1,217.6
* -----0
Gallatin.................... 1.000. 1.076.0
304.3
1.030.8
128.1
300.0
Batchers'A Drov’rs’
200.0
1,920,0
181,0
400.0
Mechanics’ A Trad’s’
103.2
170.0
909.7
200.0
Greenwl. h ..............
759.2
495.0
8,900.4
600,0
Leather Mannfac’rs’
513.0
1.877.8
100,4
300.0
Seventh. .............—
324.4
625,8
3,094,3
State of New York.. 1,200,0
0
American Exchange 5.000. 2.457.0 26.506.0 3.080,0
........3.2
5.000. 3.713.7 20.09 J.7 .7,4
0
Commerce..............
1.000 0 0.757,3 1,800,0
1.000.
0
B road w ay..............
1,000.0 1,023,2 lu ,220,5 1.840.2
M ercantile.............
404.0 2.190.9 1.070.8
422,7
P a cific....................
84 2,7 17.490,3 5.984.2
Republic................. 1.500.0
774,0
6.144.7
977.2
450.0
Chatham.................
870 0
1.50^,4
253.9
200.0!
People’s...............
668.9 10.132.7 2.143.2
70%0
North America.......
l,0O #0l 2.252.4 25,935.1 7,791.3!
Manuver..... ...........
085.2
3.330.0
306.8
500.0;
Irving......................
611.7
3*»3.7 2.5«»9,1
000.0!
Citizens’ .......-.........
301.2
2.413.0
209.6
500.0
N issa n ....................
5.390.7 1,420.1
900.0 1.025.4
Market A Fnlton...
730.2
3.073.9
158.7
Shoe A Leather.
1,000.0
9.710.5 1.458.0
Corn Exchange.
1,000,0 1,302.8
5.000,1 1.104.81
079.4
Continental..............! 1,000.0
232.3
405,71 1.743.0
300.0
Oriental ................ .
Importers’ A Trad’rs 1.500.0 5,648.7 24.623,0 7.7*20
Park .......................I 2.000.0 3,200,4; 37,099 0 14,734.0339,11
154.1 J 1.220.6
250.0
East River
Ponrth......................, 3,200,0 2,085,2 22.H39.1 3.192.1
600.9 «.0*8,U 3.700.0
C e n tra l..................
1,000,0
5.426,0! 1,160 0
710.0
Second......................j
300.0
2.811.0! 1 .155,0
2*7.7
750.0
N in th ................ .......
500.0 7.510.1 27,19 >,0 8,457.4
F ir s t......................... .
248.6
62,7
1,330.3
N. Y. Nat’ l Exch’ge.
300.0
2.936.0
020,”
640.3
Bowery......................
250.0
074.4
3.222.01
420.6
New York Connty..
200.0
403.4
2.845.11
294.3
German Am erican..
760.0
Ohasa........................ 1,000.0 1.035.1 21,783.7 10.313.2
8,048.8 1,662.1!
Fifth Avenne...........
100.0 1,160.0
109.2
2.170 8
58L.9
German Exchange..
200,0
5 >7.0;
3.259.0
737.5
Germania.................
200,0
0.121.4 1.940,9!
715.1
Lincoln....................
300.0
5,373.5 1.311.7)
838.0
G arfield ...................
200.0
1.742.0
457.3.
321.5
F ifth ............................
200.0
4.139.0 2.134,91
*•45.5
Bank of the Metro®.
300.0
320.0
2.302.0
347.2
200.0
West Side................
7.772.0 1,500.0
854.*
500.0
Seaboard.................
307.0!
1.670.0
Sixth.........................
350.7
200.0
1,000.0
W estern.................
090.6 20.768 8 0,881.9
765.0'
5 207.0
973.2
rst Nat. B ’kljrn...
300.0
802.3 12,500,9 3,1*9,3
at. Union B ank... 1,200,0
671.0
3.300.0
317.9
600.0
000.5
8.715,3
328.4
Iberty__
1,000,0
0(3,2
279.7
2.905.1
N. Y. Prod. Rxoh’ge.
250.0
Bk-of N. Amsterdam
................................ 59.022 7 76,041.9 012,599,1 1841069
Total
E
L e g a te . Depi.sita,
■apitai d
r
Ban k s
Surpiua. Loans.
Specie. Legale. Deposits.-1 Circ’Vn. Clearings,*
$1,350.0 $16,200,0
1.905.0 18.308 o
N.
$
$
~ $
$
$
$
$
1 3 -4 3 18.921.1 JuneV.* 134,804.0 601.H18.3 1756021 54.102,5 709,419,6 14.730,7 719.788.8
4
1.052.01 9,444.0
1
* 11 . 134,064 6 010,702,5 1791823 65,711,5 724.210.8 14,719,3 747.874.0
•
1,048 8'1 24.380,9
“ 18 134.604.6 0H). <36.5 1829065 59,111.4 730 97d.4 14,680,7 763.433.2
321.0
4.140.0
“ 25.. L34,604,0 012,599,1 1841069 02,480,3 737,547,8 14,060,4 065.289.8
3.0 £8,2!! 88.439.8
Ro«. *
325.4 ! 3.005,4
68,587.3 174.550.0 15,173.0
0 312,0 185.403,0 0,329,0 100.858.0
2.238.0 , 29.000 0 June 11
•* jH 08.587,3 175.823 0 16.701.0
0,269,0 18X,508.0 0.320,0 94.300.0
404.3
5.500.0
•• 25.. 08,687,3 178,187,0 16,980,0 5,980.0 187,787,0 0.305,0 92.535.0
1,190.6; 0,030,0 Phi In. 1
107.4
1,234,3 June 11. 35.388,0 110,990,0
41.158.0
126,686,0 5.897,0
278.0' 2.104.0
• 18.. 35,388,0 111.851.0
41.262 0
127,401,0 5,911.0
150.2
8 2 1.m
“ 25. 3.Y3XX 0 112 269 O
125 93.4 0 6.900.0 H6.nl 3.0
39.914 <
»
324.3! 3,894 7
147.0
2. <98.7
Auction Sales.—Amongooner securities cue following, no
275 l 1 2,8M1,3
3.745.01 2l.40S.it regularly dealt in at the Board, were recently sold at auction.
3.154.2 23. loO 1
By Messrs. R. V. Harnett & Co:
225.2
0,0 »1,0
1,213.9 11,334,5
B o n d s.
S h a res.
4 32.71 3.215.1
5 M e r c h a n ts ’ A F a r m e r s ’
$ 1 3 ,0 0 0 C hic. PeO. & St. L ,
575.2! 21,437,3
R R . Co. 1 s t 4s, 1925, J & J.
B a n k . M ilied g p v ille, G a. 30
900 91 0.212.8
80 A m e ric a n B all N ozzle &
J a n . 1,’98 , c o u p s, a tta c h e d . 20
5 ‘7,9! 2.5> 9 ?
S u p p ly Co ............. $1 4 fo r lo t $ l" .0 0 O Col. S a n d . & H o c k .
1.021.7 12.053 5
15 S a m i. A Col. S h o r t L ine
2.210.8 33,-76,8
RR. Co. Ken. 4s, 1946. J u ly ,
648,7| 3.740.0
HR. C o ................................
1
1897, c o u p o n s ................... $520
180 2 2.-88,5
$2 4 < 75 C ol S an d . & H ock.
B onds.
489.4
3 027.1 $ 0 ,0 0 0 G r e a t W h ite S p ir it
R R Co. 1 st s, b o n d s c r ip .$59
034.4
6.0
>2.0 C > 1 st 6 s, J u l v 1, 1095,
.
$ 1 ,1 2 5 Col. S a n d , v H ock.R R .
307, li 4.008.0
c o u p o n s a n n e x e d . .$ 5 0 0 fo r lo t
Co In c o m e b o n d s c r ip ......... 1
1.524.0, 11,090,U
442.5
6.995.7
By Messrs. Adrian H. Jluller & Son :
451.4
1.8 70.0
B o n d s.
S h a res.
I
1.329.0 27.709.0
11 B a n k of th e M etro p o lis. 4 14
$ 1 8 ,0 0 0 L o u is ia n a 4 s c o n so ls
2.731.0, 50,*68 0
19 14, J & J
........................... 1 0 4 7e
26 N o rfo lk & N e w B ru n s1.377.2
189.2
$ 1 ,5 0 0 M e tro p o lita n G a s L.
vvi k H o sie ry Co of N .J . 45
3 807.4 24.824.0
C i. o f N . Y. 1 s t 6s, 1901,
1.133.0 13.825.0 663 C o ld & s to c k TVleg. Co . 109%
097.0 0.435,0
F& A ..........................................107%
42 N . Y. M u tu a l Ga* L C o .3 30
248.0
3.008 1
$2.dOO F in d la y F t. W ay n e &
30 8;tfe D e p o s it Co o f N. Y .136
950 8 29,1443 2 -6 A in e r.-p e a k iu g T * d e p h Co.
W est. R y. Co. 1 s t 5s, 1945.
133.0
1.2Hu,3
J a n ., 18 9 7 , c o u p o n s on. . . . 5 0 ^
o. of m ail 170
451,7
3 525,0 2 35 B»;llgT elep.C l. R> C Co. $ a.0 0 lo t $5,< 0 0 S p a n is h I n d e m n ity
0 ’) K in s Co. E
0
337.2! 3.801 0
b o n d s .....................................$ 1 0 0 lo t
384 5, 2.790.0 4,00o N .Y . tf'isq . & W est. R R .
Co. p r e f ............................. 171s
4 ,5 -7 .1' 33.900,*
919.0
9.31/8.7 10 A in e r. E x . N a t B a n k . . . . 1 6 5 ^
739.3' 3.127.1
514.0 4.272.0
7.179.7
282.5
474.1
0.559 3
1.954.7
95.2
865.9
0,408 0
2.552 0
357.0
9.727.0
1.317.0
1.550.0
171.0
B A N K E R S ,
2,370,8 32.673.2
.
.
.
N EW YORK*
1,547,8; 0.217.0 * T * * 9 P I N E S T R E E T ,
409 5 13.724.2
65 S ta te S treet, A lb a n y .
3.553.0
257.2
3.24 6 4 ___________ I N V E S T M E N T S E C U R I T I E S . ____________
190.1
3.179.0
195,0
O a o iu ta S a k u l . i M u i ' ca t .
A l.b x a h d u > M. WHIXS, J *
62,486,3 737,547,8
Reports of Non-Member Ranks.—The following is the
•fcatement of condition of the non member banks for the
week ending Juae 25, based on averages of the daily results
W e o m it tw o c ip h e r s ( 0 0 ) i n a ll ca ses.
gauktixg and IJim m cial.
Spencer T rask & C o .,
M o f f a t
a
W
B A N K E R S ,
N * ,l N A SSA U S T R E E T ,
.
.
.
IN V E S T M E N T
h i t e
,
NEW Y O R K .
S E C U R IT IE S
THE
It
C H R O N IC L E .
[V o l ; l x v i i
1898.
J u n e 25 .
D ifT c ren 'sfr’m
iV ev. w eek.
$
5 9 ,0 2 2 ,7 0 0
7 5 ,6 4 1 ,9 0 0
6 1 2 ,5 9 9 ,1 0 0
1*1,666,400
7 9 7 .5 4 7 ,8 0 0
1 8 4 ,1 0 6 ,0 0 0
6 /,4 8 6 ,3 0 0
2 4 6 ,5 9 3 ,3 0 0
1 8 4 .3 8 8 ,9 5 0
*
J B a u h e r s’ (5 a ^ c ttc .
D I V I l) K M D H .
. V a w o f O ow jxm jf.
Per
C ent.
H'Acn !
B o o k s closed*
P ayable, ( D a y s in c lu s iv e , j
R a t l r o r t i l * ( S t t 'a m * )
to
in ly
& P r o v id e n c e , g u a r. <qr.)
1 ---d u ly
B .Ju n 19 to J u l y
C m . H u m A D ay- p r c f
I
— to -------1
d u ly
CowHMttUnit R iv e r ......... ....... . . —
— t o -------J u ly
C u tn b rlsm«i V a lb y ( q u a r . ) ----- - >
J u n e 19 to J u ly 5
J u ly
D a y to n A Mich p r« f., Ktt&r. (qr.)>
J u ly
l i f t . H U L d a le A d o n tb w e # w * tti.
Ju n e 16 to ----------ufu u e
D u b u q u e A S so u x C i t y , . . . ------J u n e 23 to J u ly 11
2*0 d u l y
U U J e fretmjrlkUJ N v ,R K A C oal
to --------(Ju ly
3d»itie C* r u r a l (q u a r.) ____. . . . . . . S lha
» w L o u d o n X -T tn e rn ( q u a r ) . . , i 2 ti J u n e
t o ---------IJ u ly
N o rw ic h A W o rc e s te r ( q i m r . ) . . . . ' 2
to — ------O ld C o lo n y to u a r.). . . . . . -----. . . . . i
J uly
l \
to ----------2 1 J u ly
*
P lU A fM d A N o rth A d a m s . . . . . . .
t o ----------J u ly
3
P o r tla n d Suoo A P o r t s m o u t h . . . .
J u n e 19 to J u ly 5
S o u th w e s te rn o f G e o rg ia . . . . . . . i 2hJ d u ly
t o -----------3*a J u ly
W a r e R iv e r..............
.................
J u n e 2 6 to J u n e 30
J u ly
W o r c e s te r N a sh u a A R Kshestpr..
2 \
S tr e e t ItttilW A ja .
1 -------- t o -------------B ro c k u m (M a*s ) S t. R y . i q n a r ). | in, J u ly
O n d era.j-------- to
— —
4
Carnal A i ‘l«oborno H R . (N. O .L .J
d u ly
22 J u ly 19 to J u ly 22
F e d c ra l S t. A P in ts \ a t. (P itts .)
i j J n n e 2 4 to J u l y 4
ib j J u l y
H a r tf o r d d 'o n n .) S t. R y . (q u a r.).
J u n e 3 0 ------- to
----- 4
H o ly o k e |M ma« ) S t. R y . . . .......
I n t e r S ta te C bn#‘d S t. K >\, N o rth
J :.lu n e 23 to J u ly 1
A ttle b o ro ,M im a, (q u a r ) . . . ___
l h i J u ly
J u ly
i | — ----- to — ------L o w e ll U w A H a v e rh H l ( q u a r .) 1 1
M a rk e t S t. R y ., Sun F r a u . <qr )
60c. J u ly 11 J u n e 3 0 to J u ly 11
to
N ew L o n d o n t( ‘o n u .) S t. R y ......... j Shi J u ly
to
N e w to n (Ma*a.) s t , R y. (q u a r.) .j 2
J u ly
N o rfo lk S u b u r b a n S tr e e t Ry.
to
3hj J u l y 15
(H v d e P a rk , M ass
........ .
N o r th a m p to n (M u*a.) S t. R y ----4
JJu n e 30 J u n e 29 to J u n e 3 0
---------t o ---------N o rw ic h (C onn.) 9 t. R y ............
J u ly
1
----------- t o -------J u ly
T a u n to n A B r n e k to n S t. R y . <qr,)| 2
T w in C ity R ap . T r a u ., M iu n e a p 1
to
o ils. M iu n -.p re f................. ............
1% [J u ly
1
W e llee le y A B o sto n S t. R y ., N ew
to n , NLi'S. (q u a r .) ..........................
to
1% iJ u ly
1
B anks.
J u n e 2 9 to J u ly 1
C h ap e N a tio n a l ..........................
1 5
J u ly
J u ly 1 to J u ly 4
C o n tin e n ta l N a tio n a l....................
3
J u ly
F if th N a tio n a l....................................
---------- t o ----------|
} J u ly
°
*
*
(e x tra ) — ..............
K in g s C o u n ty (B ro o k ly n )..............
J u n e 24 to J u n o 30
2*4 J u ly
J u n e 29 to J u n e 30
L e n t h e r M an u fac tu re r# * N a t 'l . ..! 5
J u ly
M ee h a n lea' A T ra d e rs * ...............
—
--- t o -----------3
J u ly
M e c h a n ic s' (B ro o k ly n )...................
J u n e 25 to J u ly
5
J u ly
-------- t o ----------M ec h a n ic * & T r a d e r s ’ iB ’k ly n )-5
J u ly
N a tio n a l C ity (B ro o k ly n ).............
----------- to J u ly 1
7
|J u ly
------- t o ----------n lv
N a tio n a l C itizens*. ................
i 3k: J u l y
N. V. C o u n ty N a tio n a l....... ............I If*
------------- to -------IJu ly
J u n e 2 9 to J u ly 4
N in th N a tio n a l................................... J
2
J u ly
S ix th N a tio n a l....................................
J u n e 30
6
J u ly
S o r a g u e N a tio n a l (B ro o k ly n ) . . .
J u n e 23 to J u n e 3 0
J u ly
3
T r a d e s m e n 's N a tio n a l;.................
2
O n d em ——----- to — —
T ru * t C o m im n l^ .
B ro o k ly n , B ro o k ly n (q n a r.)..........
4
J u ly
1 J u n e 19 to J u l y 1
L o n g la id L & T .j B 'k iy n (q u a r.) | 2
J u ly
1 J u n e 19 to J u n e 30
U n ite d S t a t e s - . . . ................................j 2 0
J u n e 30
F i r e »i n s u r a n c e .
C o m m o n w e alt h ..................................i 3
to
IJ u ly
6
I Q i M 't 'l l a i i P o i i i ,
A m e ric a n T o b a c c o com . (q u a r.).
J u ly Ifi to A ug, 1
*
*
“
p re f. (q u a r.). | 1 J A u g .
C e n tr a l A S. A T eleg . (q u a r.)___
J u ly 1 to J u ly
1 kj IJ u ly
C la iliu (H . B ), com . (q u a r,), ___ ; Ika J u ly
J u l y 6 to J u ly 15
C o n s o lid a te d ic e p re f. ( q u a r .) . . . j lka IJuly
J u l y o to J u ly 17
K a s tm a n -, L im ite d , p r e f ...............
J u n o 22 to .Tune 30
6‘
Ju ly
E dir-on E le c . Ill ; N Y. (q u a r.)...
t o -------lka ;AU£.
M e x ic a n T o k -g ra p h ( q n a r , ) . . . . . . ; 2k: id uly
J u ly 8 to J u ly 14
N . Y. M u tu a l G a s L ig h t
..........
J u n o 26 to J u ly 11
2 I J u ly
Do.
do,
do.
( e x tr a ) ..
N . V. A Pn. T e le p . A T e l eg . (q n a r.)
l k i J u ly
P h ila d e lp h ia C o m p a n y (q u a r.).
J u ly
1 to J u ly 9
l
:J u ly
S t. L o u is B re w e rie s . L td ., c o m ..
----------- t o -------j |Juiy
"
“
“
p r e f ....i
W e st!n g h o u se A ir-B ra k e (q u ar.).
9 J u ly 1 to J u ly 9
“
“
(extra)*) 1.1 r j i j y
\
* Lena in c o m e ta x .
W A L L S T R E E T . F R ID A Y , J U L Y 1 , 1 S 9 S .- 5 P. M .
The Money M arket and Financial S itu a tio n .—
The usual
conditions attending the close of the half-year and preceding
the July 4th holiday period have prevailed this week in Wall
Street. There has been no im portant war news to change the
course of events, and business has been chiefly of a routine
character. At present there is a disposition in financial circles
to hold active operations in abeyance until the occupation of
Manila and Santiago by the American forces is an established
fact.
Transactions at the Stock Exchange have been limited in
volume with railway bonds steady to firm, railway shares
fractionally lower in most cases, and miscellaneous and in
dustrial stocks the features of the m arket for activity and
strength. Both the foreign exchange and money markets have
been somewhat more active than last week,
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from I to 1 per cent. To-day’s rates on call were 1% to \%
per cent. Prime commercial paper is quoted at 3 to 4 per cent.
The Bank of England weekly statement on Thursday
ahowed an increase in bullion of £44,474, and the percentage
of reserve to liabilities was 48-69, against 49-23 last week; the
discount rate w b s redu ed from 3 to 3% per cent. The Bank
of France shows a decrease of 3.925,000 francs in gold and
an increase of 775,000 francs in silver.
The New York City Clearing-House hanks in their state
ment of J u n e 25 bowed an increase in the reserve held of $4576,300 and a surplus over the required reserve of $62,206,250,
against $59,272,800 the previous week.
C a p ita ! ................. .
S u r p l u s ..................
Loan* A illao’n t*.
C ir c u la tio n ...........
N et d e p o s its .........
S pecie
. ______
Ivegal t e n d e r s . . . .
R e s e rv e h e l d , . . . .
L egal r e s e r v e ___
I n a . 2 ,2 6 2 ,6 0 0
D eo
2 0 .3 0 0
Iu e 6 ,5 7 1 .4 0 0
lu o .1 ,2 0 1 ,4 0 0
Til or.3 ,3 7 4 ,9 0 0
T u e .1 ,5 7 6 ,3 0 0
l u o . 1 ,6 4 0 ,8 5 0
1897.
J u n e 26.
1896.
J u n e 27.
60.0*22,700
7 5 .0 8 8 .8 0 0
5 2 1.6 8 1 .6 0 0
1 3 ,8 7 0 ,9 0 0
5 9 7 .0 9 4 .6 0 0
9 0 ,4 0 0 .2 0 0
1 0 8 .1 1 2 .6 0 0
1 9 8 ,5 1 2 .8 0 0
1 4 9 .2 7 3 ,6 5 0
¥
6 0 .6 2 2 .7 0 0
7-1,075,700
4 7 4 ,0 9 9 ,3 0 0
1 4 .5 8 1 .0 0 0
4 90 (174,700
6 2 0 1 5 ,3 0 0
8 1 .1 1 5 .7 0 0
1 4 6 ,1 6 1 ,0 0 0
1 2 4 ,2 4 3 ,6 7 5
S u r p lu s r e s e r v e 6 2 ,2 0 6 ,2 5 0 I n o 2.938,4.50 4 9 .2 3 9 . T50 2 1 ,9 1 7 .3 2 5
'T h i s xs th e o rle e o ld u t tn e o u r m u g o .iu ru ; uu . . . . .
uittito.
To-day’s actual rates of exchange were as follows: Bank
ers’sixty days’sterling. 4 84h, <34 84?^: demand, 4 85 >4@4 86;
cables, 4 85*£@4 801, ; prime commercial, sixty days, 4 83%
(84 84W; documentary commercial, sixty days, 4 83@4 88^;
grain for payment, 4 83@4 83%; cotton for payment, 4 833
4 83J| j cotton for acceptance, I 83%'®4 84%.
Posted rates of leading hankers follow:
.
S ix ty d a y s.
J u ly 1
P rim e b a n k ers* s te r lin g b ills o n L o n d o n ,
A 85 w4 85 h
4 833i d>A 8 4 1.-j,
4 8 3 3 4 83%
5 214i3>5 2 0910 5
4 0 1 * 9 4 0 3 ,,, |
F r a n k f o r t o r B re m e n (re te llm a rk s ) b*kers
9 4 H i» 9 4 7s 1
D em and.
4 86V a>4 8 7
198895 1 8 b «
40% * 9 4 0 %
9514995%
The following were the rates of domestic exchange on
New York a t the under-mentioned cities to-day: Savannah,
buying % discount, selling par : Charleston' buying 1-16
discount, selling 1-16 premium; New Orleans, bank, $1 00
premium, commercial, 25c. per $1,003 premium; Chicago,
40c. per $1,000 premium; St. Louis, 30c. per $1,000 premium.
United States Bonds.—Salesof Government bonds at the
Board include $13,5C0 4s, reg., 1907, at 110 to 110% . $2,500 4s.
■
coup., 1907, at 111%. and $1,000 4s, coup., 1925, at 125.
The following are the closing quotations :
In te r e s t J u n e
P e rio d s. 25.
2 s , .......................... re g .
4s, 1 9 0 7 ..............re g .
4s, 1 9 o 7 ............c oup.
4 b, 1 9 2 5 ............ re g .
4s, 1 9 2 5 ............c oup.
5s, 1 9 0 4 ..............re g .
5s, 1 9 0 4 ............ooup.
6s, o u r'e y ,’9 9 - . .re g .
4 b, (O h e r.)1 8 9 9 .re g .
Q. -M oll.
Q. - J a n .
Q .- J a n .
Q --F e b .
Q .- F e b .
Q .- F e b .
Q .- F e b .
J. & J.
M a rc h .
* 95
*110
m i
*124%
*l24h3
•111%
*111%
*101%
*101
June
27
June
28
* 95 * 95
110
no%
*111
-in
*12-1^ *124%
125
*1111, *112
* 1 1 1 8 *112
4
*101% * io i* a
*101 n o t
June
29
* 95
*110
* llli4
*12-114
*1241.4
*112
*112
*101ia
*101
June
30
J u ly
3.
* 95
* 95
*110i4 *110
*11112 l l l l
*12438 *124%
*124*8 *124%
*1 1 2 % H1121*)
*11238 • 1 1 2 %
* 1 0 llS *1 0 1 %
*101 *101
State < Railroad Bonds.—No sales of State bonds have
fc
been reported at the Board this week.
The railway bond market, reflecting the conditions men
tioned above, has been inactive but generally steady, with a
few notably strong features. The volume of business,
although somewhat larger than last week, averaged less
than $2,800,000 par value per day, and was confined largely to
a few issues. Brooklyn Rapid Transit 5s were conspicuous
for an advance of 4 points on the continued favorable reports
of earnings and excellent prospects of the company. Fort
Worth & Denver City lsts, Missouri Kansas & Te'xas Ists,
Pittsburg & Western 1st 4s, San Antonio & Aransas Pass 4s
and Texas & Pacific 2ds advanced from 1% to 2% points.
Stock and Bond Sales.—
The following shows the volume
of business in stocks and bonds on the New York 3 io ;k
Exchange for the past week and since January 1.
S ales
— W e e k e n d in g J u l y 1— . ------- J a n .'1 to J u l y 1----------JV. T . S to c k E tc h .
18 9 8 .
1897.
1893.
1897,
Gov e m in e n t bona s
§17,000
$42«,500
§3,99%000
§7,427,250
S ta te b o n da............
B R . & m isc. b o n d s.
1 8 ,8 7 0 ,5 0 0
1 7 ,500
9 ,S 05,400
8 2 2 ,0 0 0
8 0 1 ,3 8 2 ,4 1 0
807,000
2 0 0 ,6 0 0 ,9 0 0
T o ta l.................. *13,80(1,500 * 1 0 ,8 5 1 ,4 0 0
# 3 0 0 ,1 5 0 ,0 1 0 # 2 1 1 .8 9 5 ,2 4 0
StockB—N o. s h a re s
1,2«2,18S
1 ,700,020
5 2 ,8 1 3 ,0 1 9
2 5 ,0 0 2 ,8 8 8
P a r v a l u e . . . . # 1 1 7 ,3 7 0 ,2 5 0 # 1 7 0 ,8 1 8 ,1 0 0 #6,090 ,0 0 0 ,.'.go # 2 ,3 9 0 ,2 1 8 ,7 0 0
B an k Bharee, p a r val.
— ....
$ 4 ,0 0 0
$ 1 0 2 ,7 2 0
$157,910
We add the following record of the transactions for each
day of the week.
W eek e n d in g -------- St ocks ------- . R a ilr o a d , <£c. S ta le
P a r v a lu e .
B onds,
S h a res.
B o n d s.
J u l y l, 1898.
_
_
.
$ 1,541,000
S a tu rd a y ............. . ICO, 2-17 f l 1,406,200
28,810,500
M onday................ . 287,422
3,280,000
25,301,450
2,6*7.500
Tuesday............. . 271,602
. 20 7,110
18.823.000
2,712,500
* 227,835
21,006,800
13,930,300
1,471.500
Friday................... . 142,263
T o ta l.............. .1.202,488
• 117.870,250
313.870,500
u. s.
B onds.
$0,500
8,500
2,000
$17,000
Rnilroad and Miscellaneous Stocks.—The market for
stocks has been exceptionally dull and the trading largely of
a professional character As is usual under such, conditions,
the tendency of prices has been towards a lower level. This
is especially true of the railway list, but in most cases the
losses are confined to fractions. Lake Shore was a feature
of the market, selling up to 192, a gain of 4% points, and
closing (fix-dividend) at 187. The local traction stocks were
irregular. Brooklyn Rapid Transit made a further net gain
of Z% points. Manhattan Elevated and Third Avenne were
strong, while Metropolitan Street Railway declined, but
recovered to day.
1
The most active stocks are on the miscellaneous list, some
of which show evidence of speculative manipulation. P ull
man's Palace Car shares advanced 20 points on expectation
of a distribution of treasury assets. American Sugar, Ameri
can Tobacco, Consolidated Gas and U S. Rubber preferred
fluctuated over a range of between 4 and 5 points. People’s
Gas advanced 3 points. General Electric and U. S. Leather
preferred show a gain of a point or more.
J c l y 2, 1898.]
THE CHRONICLE—
STOCK
PRICES
(2 p a g e s ) P
age
1.
New York Stock Exchange—A Daily, Weekly and Yearly Record. I
S T O O L S — H IG H E S T A Y D L O W E S T S 1 L E P R IC E S .
S a tu r d a y ,
J u n e 25 .
M onday,
T u e s d a y , \ W ed n esd a y T h u r s d a y ,
J u n e 27. j J u n e 2 3 . | J u n e 29. J u n e 30.
F r id a y ,
J u l y 1.
Sales
R a n g e f o r y e a r ls 9 8 .
R a n g e fo r p revi
o f the On basis o f joo-sh’r e lots o u s y e a r (1 8 9 7 ).
Week.
N. Y . S TO C K E X C H . Shares Lowest.
Highest.
Lowest. Highest.
STOCKS.
R a ilr o a d S to c k s.
........ A lbany & Susquehanna..
§183 Jan 4 180 Feb 3 170 Feb 177%Ap
11% -Cl-nn Arbor......................
11 Apr 21 15 Feb 8
9 Jan. 15%Auf
3 5*
Do
pref.
119 34 Jan 4 40% Feb 7 22*Apr 40 A us
♦ 37
37*
13% Atch. Topeka & Santa Fe
5,658 10%Apr 21 1 4 * r’ne 6
1 3 * 13%
9*Apr 17 Sep.
33*
Do
pref
35,830 22% Mar 12 34%J’ne 11 17 Apr 35%Sep.
33% 33%
14%
altimore & O h io ....__
7,258 1 2 * Jan 25 21%J’ne 17
15% 16
9 J’ly 21*Sep.
6%
alt. & O. Southw., pref
*6 *
6%
1,07*
5%Jan 19
7 * Feb 3
2 J’ne 9*Sep.
‘ 0% 7
108 Bost. & N. Y. Air L.. pref
103 106
§105 Mar 9 §105 Mar 9 102 Mar 100 Oct.
•102 106
5 5 * Brooklyn Rapid Transit... 187,333 35 Mar 12 55*J’ly 1 1 8 * Jan. 37%Deo
52% 54%
5 2 * 53%
30 Buffalo Roch. & Pittsburg
25 Mar 12 30%.Jau 0 16% May 31 Deo
*20
30
•20
30
66%
Do
pref
•64
66%
62 May 6 07%Jan 3 54%J’ly 06%Deo
•61
66*
75 Burl. Cedar Rapids & N o..
10o §65 Mar 10 75 J’ly 1 68 Apr 70 Aug
83
anadian Pacific............
*82% 83%
203 72 Apr 21 90%Jan 20 46% Mar 82 Deo
84
84
84
*83* 8 4* §84
50%
anada Southern...........
51%
925 44% Mar 12 57%Feb 5 44*Jan. 62*Sep,
§52
52
5 1 * 51% § 5 1 * 5 2 * •51
Capital Traction................
62 Jan 4 70 Jan 25 50%Oct. 63 Deo
94
94% 93% 94% Central of New Jersey....
1,762 80%Mar 26 98%Jan 7 68%May 103%Jan.
94
94
95 i *93* 95
9 5 * 9 5 * 94
1 4 * 14 * xl3% 13% Central Pacific..................
600 11 Apr 23 14% May 28
1 3 * 14%! *13% 14 * *13 * 1 4 *
7*Apr 18 Sep.
*13* 14*
5,055 17%Mar 20 24 * Feb 1 1 5 * Mar 2 7*A u f
22% 2 2 * 22% 22% Chesapeake & Ohio...........
22% 23
23% I 522% 23
•23
2 3* 23
§157% 157% Chicago & A lton................
*158% ...
157 *150
8 §150 Mar 14 160* Jan 14 147 J’ly 170 Mar
•15 7* ........ §157
•157
"’172 ........
'*172 ...
Do
pref
§166 Mar 24 §100 Mar 14 161%May 175%Nov
........*172
........ 1*173
•172 ........ *172
104 104% 104% 105% 104% 10 5* Chicago Burl. & Quincy... 43,834 85*Mar 20 !07%J’ne 11 09* Jan. 102%Sep.
10 5 * 10 5 *1 104% 105*1 104* 105
*58
59% Chicago & East. Illinois...
100 49 Apr 19 66 J’ne 1 87%J’ne 01 Sep.
59%
59
59 I *58
50% *58% 59% *58
•106% 108
Do
pref.
6c 102 Jan * 113%Feb 1 95 Jan. 103 Sep.
♦ 107 108 §108* 108%;*107 108 |*107 108
9,075
1 4 * 14% | 14
14 * , 14
9%Feb 24 16%Jan 8
1 4 * 14% 1 4 * 14% Chicago Great W estern...
14*
3%J’ne 20*Aug
* 14 * 1 4 *
Do 4 p.c. debentures.
♦ 71 x...,
•71 . . . .
71%Oct. 75 Deo
*71 ........ •71 ........ *71 ........ | *71
Do 5 p.c. pref. “ A ” .
*32
34
•32
34
34
34
28 Mar 15 3 6 *Jan 28 Sl%Aug 43 Sep.
•32
34
*32
•32
34
•32
*23
24
24% *23
Do 4 p.c. pref. “ B ” .
24
24% *23
20 Apr 21 25%Jan 14 19 Aug 88*Sep.
24% *23
•23
2 4* •23
*9% 10 Chic. Indianap. & Louisv.
§9% 9%
1,212
8 Oct. 18 Aug
7 Feb 24 10%Jan 14
§9*
9%
9%
9% §9% 9%
*9 * 10
§29% 29% *30
32 23 Apr 16 38%Feb 2 26 Nov 38%Sep.
Do
pref
32
32
•30
32 1 §29% 29% *30
•30
32
9 9 * 99* 98% 99*! 98* 98%; 977* 98% 98% 99* 98% 99* Chicago Milw. & St. P a u l.. 50,319 83%Apr 21 102 * J’ne 1 69%Apr 102 Sep.
420 140 Apr 25 150 J’ne 23 130%May 146 Sep.
Do
pref.
14 0 * 14 9 * 1149% 149% |§149 149% §149 149 §148% 149* $148% 148%
2,020 113%Mar 12 130%Feb 11 101% Apr 132%Ser
125%125% 125 125% Chicago & North Western.
$126 126
12 5 * 125% §125* 12 5 * 125% 126
If 163 Jan 3 175 Mar 7 153 Jan. 105%SejDo
pref.
........§173% 17-3% . . . . . .
10 6 * 107
10H* 107
106% 10 8* x98% 9 7 * 96% 97% 96% 97% Chicago Rock Isl. & P a c.. 51,488 80 Mar 25 l0 8 *J’ne 1 60%Apr 97%Sej
76 Chic. St. P. Aliun. A Om...
720 65 Mar 12 79%May 25 47 Jan. 89%Sep.
78
*76% 77% 76
77%' 77
77
*76
•76 * -7% 77
155 Feb 28 133%J an. 150*Deo
§148 Jan
Do
pref
•152 16u *152 160 *152 100 ,*152 0.56 ,*152 156 •152 155
8
8 Chic. Terminal Transfer..
299 4%Jan
9*Mar 3
8
*7% 8
*7*
8*
*7*
8*1
7% 1H\
Do
pref.
§26* 26*
83 Feb 5
30 ) *27
5 22%J&r
•27
30
30
*27
30
•27
29 i *37
41
41% Clev. Cin. Chic. A St. L ....
21%J‘ne 41%Sep
5,371 25 Ma/ 12 44%J’ne 1
41%| 41
4 1 * 4 1 * 42
41% 42*; 4 1 * 42 ! 41
77%Mar
90
Do
pref.
88%J’re 14 63 J'ne 86%Sep
........ i *88
14* 14*
14% 15 Clev. Lorain & Wheeling.. 2,000 ll% M ar 26 19% Jan 12
15% 14% 1 5 *
15% 15% 1 5 * 15%; 15
45 May ' 50% Feb ~ 89 Nov 49%Dec
Do
pref.
49
49
*45
49
*45
49
49 | *45
• ........ 49 r . . . .
161 Apr 108%Sep
170 J’ne 7 170 J’ne
........ *170 ..........*171 ........ Cleveland & Pittsb., guar.
........ 1*170
•170 ........ *170
5%J’ne 23 5%J’ue 23
Colorado Alld., vot. tr. <tfs
Do \ ref. vot. tr. cifs.
100 14 J’ne 23 18 J’ne 7
16
16
l%Apr 18 Jai
5 Mar 18 8%Feb 10
0
6 Col. Hocking Yal. & T o l...
200
§5*
57* §«*
6%| *6
«%
6*
0% •6
17 Jan
*22% 24
25 Feb 9 14 Aug 40 Jan
Do
pref.
•22% 24
24
*22% 24
*22% 24
•22
*22% 25
104 Apr 21 114%Feb 3 99%Apr 123 Sep
elaware & Hudson......
■ 108 111
*107% 110 *0 7 109%,*105% 109 ’106% 109 ■ 106 109
144%Apr 21 159 Feb 5 140%Mayjl64 Aug
el. Lack. & W estern...
•........ 158
•........ 158
•155 157
158 • ........ 158
9%Apr 14%Aug
10 Apr 20 13 Jan 12
13 Denver A Rio Grande......
......... *12
12% •10
12% *1 2
12% •12
•12
13
80 Apr 50%Aug
2,705 40 Apr 21 52%Feb
Do
pref
50%
5 0 * 507% 51
51 * 5 0 * 50% 50% 50% 50% 50% 50
7 Apr 14%J’ly
*16% 17% Des Moines & Ft. Dodge.. 1,460 8 * Apr 21 20 J’ne 10
16
18% •17
*16% 17% 16% 16%! •10% 17% •17
81 Apr 50%Aug
Do
pref
*80 ........ •90 ........ •90 ........ •80
*85 ........ •80
5 Dec 10%Aug
7*Feb
100 5 Apr
'0
8 Dul. So. Shore & At),pref
•6
8
•0
*8*1 ♦ 6
7
§0
11% Apr 19 Sep
225 11 Apr 21 16%Feb
13% E r*e..
13% •13
13% 13% §13% 18%| 13% 13% •13
13% *13
1,708 29%Apr 22 43 * Feb 11 27 Apr 46%Sep
Do
1st pref.
35%
*i4% 35% 8 5 * 35% 35
35% 36% I •35% 36
3 5 * 36
15%Apr 22 21%Feb 11 15%May 25%Aug
Do
2d pref
•17
18
17% •17
18
•17
17% •17
17% *17% 1 ?%| *17
22 May 9 26 May 11 20 J ’ne 34 Sep
20 Evansv. A Terre Haute .
*25
26
•25
•25
20
•25
26
•25
•25
20
26
40 Jan 18 52 J ’ne 16 28 Aug 48 Sep
Do
pref
52
*50
•50
53
50
50
53 I •50
•50
52
•50
53
7 J’ne 14%Aug
10 Mar 12 14*Feb 14
lint & Pere Marquette.
30%May 19 43 Jan 28 30 Mar 49 Oct
Do
pref
32
§32
7%J’ly 20 Sep
21 Feb 8 28 Mar 5
*22% 25% *22% 25% Ft. W. & Den. C., stamped
*22
20
10 May 19 16%Jan 31 12 Nov 20%Sep
12
......... 12 !•......... 12 Ft. Worth & Rio Grande..
12
'*reat Northern, pref..
1,865 +122 J’ly - 180 J’ne 30 120 Jan 141 Sep
1 7 7 * 177%|§177% 177%| 178 179% I 180 180 t l 2 2 125
§170% 177
32%Feb 24 27%Apr 40 Aug
§30 Jan
1 reen Bay & Western...
40
•30
*30
40 • ........ 40
*30
•30
40
40 j *30
40
*30
Do debt certfs. “ A "
6 40%J’ne 28 49 Jan 27 50 Dec 50 Deo
41
41
40% 40%
9 Aug
8%Dec
4 May 7 6%Jan 25
Do debt certfs. “ B
96 Apr 21 108*Jan 31 91%Apr 110%Aug
§105% 105% 105 105% 105 105% 105% 105% 105% 105% 105 105% llinois Central........... .
§94 Feb 18 §94 Feb 18 88 Jan 97 Aug
Do leased line, 4 p. c.
98
•90 100 j *90 100
•90 100
•90 100
•90 100 1 “ 90
6 Apr 13%Sep
7%Mar 18 10 J’ne 11
118
•9
9% Iowa Central......................
'9 *
9%
•9 *
9*
9*1 *9
9%
9%
9% •9
Do
pref.
160 25 Apr 28 85%J’ne 11 23 J’ne 41%Sep
33
•31
3 2 * 8 2* *31
33
•32
§31
33
§31
81
31
4 J’ne 9%Aug
6 Feb 2 0%Feb 2
anawha A Michigan...
•5%
*5% 0 *
"5% 6%l -5%
•5%
6% •5 *
6*
15 Apr 20 24% Feb 10 17%Dec 29*Sep
an. City Pitts. A G u lf..
10
"
10% •14% 16% §15% 15% 10
10
-----i t * •15
16% •15
4%Aug
2 Feb
3 Jan 27 5%J’ne 11
5 Keokuk A Des Moines....
•4
•4%
•4%
•4
5
•4
5
*4%
15 May 12 18%J’ne 14 12 Mar 28%J an
Do
pref
19
•17
§17
•17
•17
i S * •17
19
•17
19
i?
34 Jan 81 32 Feb 86%Oct
30 J’ne 2
35 Keokuk A Western..........
•30
•30
•30
35
85
•80
35
•30
35
35
•30
2 Aug
1 Aug
2 May 19
2 May 19
•4
•4% 0% Kingston & Pembroke....
9% •4% 9% *4% 9% I
550 12%Mar 14 18 * Feb 8 13 May 22%Sep
ake Erie A Western —
16
•15
16
•15
•15
•14% 15% •14% 15
16
76% Feb 8 58%Apr 79*Sep
602 00 Mar 14
Do
pref.
171% 71%
70% 71% •71
72 I •76% 72
•70
72
71* 71*
740 170% Jan 4 194%Jan 29 152 Jan 181 Sep
190 190 >189 193
190 190
192 192 §187 187 •180% 189 Lake Sh. A Mich. 8outh...
74 180%Apr 19 190 May 27
Convert, ctfs. of deposit.
•188 ........ ;§188 188% §188 188 •188 ....
54 40 Jan 20 51 Jn’e 1 38 Dec 55 Jan
•50
52% Long Island.......................
•50
53
50
53 I 140% 49% *50
52
9,547 44 Apr 21 60%Jan 31 40*Apr 63*Sep
51% 52% Louisville A Nashville....
52% 53
52
52% 51% 52 | 51% 52
51% 5 2 *
113 Sep
03% 103*1 103% 104%, 103% 104% 104 10 4* 103% 104%! 104% 105% 'Y l anhattan Elev.,consol. 50,51 ' 91 Mar 26 120%Jan 14 81%May; 133%Dec
etropolitan Street
7,505 125%Mar 20 171%Feb 14 99%Oct
00% 100%' 158% 159% 158 158% 158 159
“1
157% 159%j 158 150*
6 Aug 9%J’ly
0%.lan 8
4%J’ne 15
200
4*
5% Mexican Central...............
•4% 5%i *47% 5%|
4*
5%
5% 5 *
H 5*
1 Nov 2%-Aug
1 Feb 10 l%May 2
•%
]%
•% 1% Mexican Nat’l .tr. rects...
*%
1%
•% 1*4
i%
(L
i',234 99%Mar 12 114*Feb 8 90 Jan lll * S e p
•105 100
10 5*10 0
105% 106
105$ 105% •103% 104 •103% 104 Michigan Central..............
16 May 31%Sep
200 24 Mar 11 3 0 *Feb 15
Minneapolis A St. Louis...
•28% 29% *28% 29%
•27% 29
•27% 29
♦ 27% 29
29
29
265 84 May 14 91 J’ne 27 77%Mar 90 Sep
Do
1st pref.
*-8% 90%
90
91
91
90% 91
§91
•90% 92
•88
90
610 40 Mar 20 03 J’ne 8 46 Feb 62%8ep
Do
pref.
02% 00% 02 •61 02% 00% 00% •59 00% Minn. St. P. A S. 2d Marie
:
01% 01% •01
0 Deo
0 Dec
7 Mar 11
0%Mar 11
S.
•0 ........
•0
•0 ........
229 10 Apr 13 14%Jan 26 10 Apr lb*Sep
H% Mo. Kansas A T e x as........
•11% 12** 11% 1»% •11
11
•11
11% *U
1 1 * §11
743 28%Mar 12 41 Jan 28 24% A pi 42 Sep
Do
pref.
33% 83% §33% 83%! 33% 83% §33% 33% 83% 33% §38% 33%
ll) May 40%Sep
35% 3 6 * 35% 36%! 35
85% 3 4 * 85% 35
35% 3 4 * 35* Missouri Paclflo................ 11,242 22 Mar 12 30% J’ne 11 18 J ’ne 32 Ant
1 0 0 24%Apr 19 3 2%Feb 7
•20
28 Mobile A Ohio...................
•20
28
*20% 28
28
2 0 % 26%
26
27% •26
73%DeC
50 §167%.Jan * §175 Jan 14 l62%J’uc I 65 Sep
•170% 172 Morris A Essex,
170% 171%;*170% 172 1*170% i_71% *170% 171 •170% 171 |
60 J’ne 1 70 Jan
60 J ’ne
ash. Chat. A St. Louis..
92%Feb 115%Sep
7,054 105 Mar 20 119%Jan 28
Y. Central A Hudson..
1 1 0 * 1 1 0 % 110% 116% 110 U o t 116% 110% X l l5 % ll6 * 115% 115%
1
ll* M a r 14 1 5 * Jan 31 11 Feb 8 7%Sep
12% 13% *12% 13% *12% 13% *12% 13% *12% 14 ; *12% 13% N. Y. Chicago A St. Louis.
1 %Sep
07%Apr
10 73 Feb 19 76 Jan 31
Do
1st pref.
73
*67
73
73
§67
07
•07
•67
73
24 Feb 43%3ep
28 Mar 25 40%Jnn 29
Do
2d pref.
35
♦ 33
•30
35
35
35
•30
•30
35
Deo
§320 Jan 5 §320 Jan 5 295 Feb 325 Mar
New York A Harlem........
62 SI 20 Apr 20 §123% Feb 10 119 Jan 122
N. Y. Lack. A Western....
§123%123%
n p n m .m
387 §178%Jan 7 §195%Feb 2 160 Feb 185%Sep
198 189
'187 190 |1190 190 i§187 188% 190% 190% $188 188 N. Y. New Haven A Hart.
13*A pr 25 18 Feb 2 12% Apr 20** Sep
15% 15% 15
15
1 4 * 15*1 U * 15*1 * 14 * 15% N. Y. Ontario A Western.. 1,550 65 Jan 28 05 * Jan 28
“ “
15% 15
*00
00
*00
06 Norfolk A Southern.........
•00
60
06
•00
00
*60
60 | *00
9 Apr 17%Sep
338 ll% A p r 21 17 Feb 7
Norfolk A Western...........
■ '14
16
*14
1«
•14
16
16
•14% 16
14% 14% •14
2,388 42% Mar 12 50%Feb 7 22%May 48%DoO
Do
pref
-50% 52
51% 5 1 *
52% | 51% 5 1 * 51% 51% 51% 5 ! *
§52
11 Apr 22%Deo
6
19 Feb
89% 80
29% 30*| 2 8 * 29% 28% 2 9* 29% 29% I 2 9* 29% Nor. Pac. Ry., vot. tr. ctfs 18.904 50*Mar 24 3 1 * J ’ue 6 3 2* J an 61*Defl
12 70%J’ne
32,948
Do
pref
8%Dec
70
70% 60% 70% I 09
09% 0 6* 69% I 09% 0 9* 69% 09%
5%Nov
7 Mar 5 7 Mar 5
maha A St. Louis.........
35%Jan 7 54% Feb 1 10 Apr 41 Sep
r. RR.A N. Co. vot.tr. cf s
51
•50
52
*50
51
*49
51
•49
•40
5 1% •49
51
223 05%.Mar 29 74 J’ne 11 37*Ja» 73%Sep
Do pref., vot. tr. ctfs
73
*70
72
*71
AU
•71
73
•71 % 73
*70 , 70
71
15 •| 19*.Ian 3 33% Feb 17 17%J’ly
28 Oregon Short L in e ........
•24
31
*28
81
29% 29%l *26% 30*1 §28
•180
'll
...
11%
*180
*11
*37
13*
33%
15*
§6*
*102
52*
*20
*64
........ *180 ..........
1 1 * *11
11*
3 7 * §35* 3 5 *
1 3 * 13
13 *
34 J 33% 3 3 *
15*1 1 4 * 15
6%
6%
6*
106 *103 106
5 4 * 52% 5 5 *
30
*20
30
6 6*
66* *6 4
180
*11
*35%
13*
33*
15
........ 180
H % *11
37
§35*
13% 1 3 *
33% 83%
15
14%
6*
6
6
10 3 106 *104
53% 5 5 *
51%
*20
30
*20
*64
66% *64
75
•83% 83% *81%
x 5 0 * 50* *50
........ *180
11% •11
•35%
37
13*
13*
33% 33%
14*
15*
B
C
D
F
O
I
K
IS iS*
g
L
. ..
N
O
• Those are bid and asked prices; no sales on this day.
OUTSID E SECU RITIES
(G
iv e n
at
§ Less than 100 shares.
foot
of
t Ex dividend and rights.
7 c o n s e c u t iv e
p a g e s ) .—
Bid. Aak. | * t r p i ‘t R a i l w a y a.
S t r e e t K iillw n y ii. 1 Bid. Ask. 1 8 1 r e e l H a ll w a y * .
Metropolitan—See Stock
Cbriat’p’r A 10th &t-t§tooR 150 100
NEW FORK CITY.
1st mort 1898.......AA<> 100% 1U3H Ninth Avenue—Stock.. . .
Bleeck St A Kul F—Stock.
32
Second A venue—Stock...
lat.
Col A 9tb A ve 5sS e e Stock
1st mort 7a 1900.. JAJ 101 i104
1 at mort 5s 1909.. MAN
D D E B A Batt’ y—Stock.. 175 105
B'way A 7th Ave—Stock 210 220
Debenture 5s 1909.J&J
1st gold 5a 1932...JAD $114% i ibto
lat mort 5a 10U4...JAD $105 ;100
Consol. 5s, 1948...FAA
Scr i p 5a 1 9 1 5 ...... FA A 100 103
2d mort 5a 1914.. .JAJ $110 i 112
Sixth Avenue—Stock......
Eighth Avenue—Stock... 320
Om 5s 1943—See Stock Exch i 1st.
So Fer lat 5a J919..AAO
B’way Surf lat 5agu. 1921 114 ,116 i Scrip 0s 1914................ 10 8 300
Third Avenue —See Stock
42d A Or 9t Fer— +tock... 330
2d 5si Y, as rental. 1905, $105
1st mort. 5s 1937...J&J
65
60
42d St Mai. A 8i N A v e ..
Central Croaat own—Stock 240
28th A 29t h Sta 1 st 5a..’96
1st mort 6a 1910. .MAS 113 ii«
lat M 0a 1922...... MAN $118%
05 , Twenty-Third St—Stock.
2d Income 0a 1915.JA-I 00
Cen Pk N A K Kiv—Stock IM
0
I
«O«(*
I* ’
ITv/'h 1
t^»t a vA »*«v F *q
7a 1 oeo.... J*ri $109
Id
STREET RAILWAYS, &c.
Bid. Aak.
Exch 1 1st.
170 160
172 174
$107 109
$105 108
$118
200 210
JUKHS 114
Excn. list.
12 L
§108 110
J25
’ 03
Bid.
ttir e e t Knilv»ny»»
Union Railway—Stock... 175
lat 5s 1942............FAA $112
O
Westcheat 1st 5s’48. .JAJ $LO
BROOKLYN.
Atlan. Ave., B’klyn—
1st 5s 1909........... A&O $105
Con 5s g 1 9 3 1 .......A&O $100
Im ptSag 1934.....J&J 85
B. B. &W.E. 5s 1938. Aot,o 85
Brooklyn City—Stock.... 212
Cotiso 5s 1941.......JAJ i 74
200
B’klyn C.& Newt n—Stock 3' i 4-u
Aak.
200
114
109
214
117
11 5%
THE CHRONICLE.—
STOCK PRICES (2 pages) P a g e 2
.
1(5
Sales
o f the
,s r o o j c « - H IO B S S T A N D L O W E ST 8A L R P R /O R 8.
S a tu rd a y ,
Ju n e *25.
Munu
J une
Ti
T'M
4S<Klay4 Wetim ■ 4tiJ y 1 Amr#day,
J u n e 29. J u n e 30.
J u n e 36.
STO CKS.
Week.
N. Y . STO C K EXOH, Shares
JPruiuj/,
J u ly 1.
[You.
Sanya fo r year 18R8.
On basis o f roo-th're lot
Lowest.
If iytiesL,
482 84MJ'no 27 34%J ’no 27
.30 TJaelflo Coast Co...... .....
498 8.5 .Pm* 27 9 1 J ’ne 28
00 X 0o 1st pref................
8 7k
7li s 00 J’no 27 100%J'ue 27
l)o 2d prof. . . . . . . . . . .
62
•5H
1,805 110% Mar 12 120%Feb 7
U O k 1 1GU 116 1'onuBvlviuiiti....................
1115k
SOu
%Jan • 7 2%May 23
l*eo. l)ee«rur* Evansv...
IU
l.M
Ik
1U
4 Feb 28 syK eb n
k
•4
6 Peoria J , E a s te r n ..........
•5
6
i,7 lv 38«J»n 5
2
43« 44% PHtsB. Cm. eiuo. A 8U I ...
44
48k
120 57 Jinr S3 71 Feb 7
Do
pref.
•00
65
86
05
32 1108 Feb 25 171% Fob It
Pitts. Ft. W. .t Oh,, jzuar,.
*170
•1 70
7 J ’ne 17
5-UJ’ne 11
8
ending, voting tr. ctfa .. 5,365 15%Mur 25 a w mi 0
10
18% 10
1914 10% io n
18M i8 k
8,000 30 Mar 12 54% Feb 3
46% Xv 1st prof., vot. tr. oils
45% 4«%
4651 4641 4R
4614
8,150 18%Mar 20 20 J au 0
2d pref., voting tr. ctfs..
as
234*
23
93%
22k 22k 23
182 Jan 20 5185 Mav 80
•180
Rensselaer«Se Saratoga....
♦ ITS
•176
725 22 May 11 37%J’ne 27
27
37)4
97
27
38
128
*20k 28 Rio Grande X W estern....
135 50kMar 15 08 J’ne 28
Do
pref.
*66
•6?
68
88
•65
06)4 05H 65M
lll6kM ar20 5123 Jan 4
M2 IH
5%Mar 7
8H Feb U
*7% 794 Q t, J. & G. IbL, rot. tr. eta.
?H
7*i
*?£
7H
T54 •7 k
7H
830 45 Feb 24 08 J’ne 11
1st pref.
xflOk 0"% O Go
*60
62
61
• r i k 04
6! *4 61)4 101% 61 y Ifll'
102 !8%Apr 25 23k.Pne 11
Do
2d prof.
•SI
9-1IV *90
314» •90V4 S in ! 2 i k 21H {20 k 20k • . j 21M
33'* 6 Mar 20
89$J’ne 3
7% St. L. & S. Fr., vot. tr. etfs.
714 ?H
*7H
74|
744
7k
7H
7H
’m
485 52% Mar 12 65%J'ne 6
Do
1st pref,
*00
03
150
61
62
62
01
o ik 01H 62
101k 6 i S
320 i 22% Feb 24 32%J’no 1
Do
2d pref.
28
2844 2SU 28k 28k 28H 28k 28k 128
2811
a
5HJ’ne 17
*4S^ 5 H St. Louts Southwestern...
1 i 2 3%Jan 24
5k
•5
5
5
•5%
*4«
14H
4H
5H
591
7% Mar 12 l2HJ'ne 7
Do
pref.
JIBM HIM
l IH n % *u h i m •10)4 i l k •10 k m u
10 k i i
*! S
21
* 18
78 Apr 20 87% Feb 14
•78
84
84 ’ •78
83
84
•78
320 123%Jan 12 14 5%J ’no 2
142 142 • i i i
14* •141 144 ♦ 141k 144
142 142 *14 L 143 St. Paul Minn. Sc Man......
2,050 12 Apr 18 22 Jau 12
low 20
lvH 104* IB
10
19 Southern Pacific Co..........
19
18H 18 k
19
18H
2,063
7 A pr 21
9% Feb 10
*8% 8% Southern, votlnK tr. ctfe..
♦ 8% 8%
614 8%
8% 8 k
8k
8k
8k
8k
5,452 23%Mar 20 83% Feb 1 1
Do pref., vot. tr. ctfs.
30
30% 201* 9OH 30)4 29H 29 k 29k
29 k 29k
2»W 2#¥
8% Mar 12 1294J’ne 3<l
114* 11)4 1 l*f
12 V fPexas & Pacific.............. 19,790
I
12 3
*11% 11%
itH
i i k 12k
1 2 k 12H
1,281 155 Apr 21 194%Feb 10
1174 176
179 178
X hird Avenue (N. Y .)...,
178 179
179 180
178 178 •175 180
•
*
*
115 Feb 10 U5 Feb 10
95 *
25 •
25
35 *
.138% Feb 8
45
45
45
45 *
45
16% Jan 12
4VK
1I
6014 01
61
59%
Do
...pref. 33,50.1 45%Mar 12 6 3k Feb 2
59)4 60k 69k 59k 59H 59k 59
3,995
5%Apr 20 10%Feb 18
7%
7*^
TV? t 5
bk
74
7k
7*
0M 7 (Ju. Pac. Den. & G., tr. rec.
0%
400
6%Mar 25
7%.l an 12
•7V* 7H
7
7% 7%
•7
7% \\ra b a sh .........................
7H
7k
7H n k
1,505 14kM ar 7 20%May 9
19
» * Do
pref.
18% 19
19
10% 19
13 k 19
•18 k 19
i9 k
9214 03k
4,o0o 87%Apr 25 10 2%.Jan 8
924
92 k « .(. West Chicago Street......
-92
93k 8SH 9254 93 H 92k 92k
2,305
l%Mar 29
3-kJau 11
lu
iH
{Ik
1H
1% Wheel- & L. E., 81 ass’t pd.
IH
ik
s ik
ik
ik
lk
905
9%Mar 12 16 Jan 12
11
li)H liH
10
10
Do
pref.
do
11
10
10
10
10
%Jan 6
*9W 3
*3
5 Feb 5
s
H I * c e ll» n » s S t o c k * .
542 t97%Apr 29 U80 Feb 10
ioo s i o i k u o o 101
99 5100k A dams Express...... .
110114 1011* •100 109 n oaw io i
20« 20« fX-merlcan Cotton O il....
995 15%Mar 25 23%Jan 10
21% a m
530k 2 lk
2 14 31(4 21
*IX 2054 21
981 60 Mar 14 7 7% Feb 1
75
73 k 7.1%
‘ 7354 75
75
Do
pref.
70
75
74 k 74 k 173 k 74 k
22
400 22 May 13 24%J’ne 30
•20
23
24 American District Tel —
92’vi *20
2*H 23k •22
24k 2 Ik
•125
5116 Jan 5 130 Feb 14
•
125 25 May 5
27
29
2614 96k 125)4 25k »
26H *
177-H
6%Jan 20 L5% I'ne 9
14
American Spirits M.fg...... 29,170
'IT '* 15
14*f 13 k 14k
18«
iwis 14k 15
3SH 40% 30k 40
3714 39*
S7« 38 k
37k 37%
Do
pref. 14,07 ! 10 Mar 20 4n%J'ne 27
S 7k 37k
l a s * 13014 129 1S«)» 1 2 0 k 1 3 1 k 12flk 133k 132k 134k I3ii% 133 k American Sugar Refining, 168,802 !07%Mar 26 145%J‘ne 6
446 LOS Mar 25 116 J an 0
•11 OH 112 •111 112
111
113
111
Do
pref.
Ll2k 1 1 2 k 112k n i l u L13k
Mar 29 194%J’ne 27
3« m
!93W 9341: 19414 (US •92J4 BiW 194
B4W •92k 94k ♦ 02% 91% American Tel eg. X Cable,.
L20% American Tobacco........... 127,803; 88%Jan 24 121 J’ne 27
U7M 1 10?* l i y k 12 L n o w i2 i
118 k 119H 118 k 120k n o
1,00) 1 12% Mar 11 130 J’ne 29
120 L2U S120H 120H 5120 .20%
Do
pref.
*119 125 .121H i-*m *120 125
1,310
5%,! an 21
*314 3H
3%
m
S5< D a y State Gas.............. .
5
2% Mar 21
314 3W
3H
3k
508 100 Mar 20 125 Jan 21
1124 124
123k 133k *122 134 *122 L24 *122 L23 L>rooklyn Union Gas— .
12 14 122
lOo
9 J’ne 8 14 J ’no 0
•!0 « i m •1U4 i m •10 k HH *1054 i i k
10k io n *10
11% Bruusw. Dock & C. Irapvt.
H20 J ’ne 4 1120 J ’ue 4
% Jan 28
ibo
MApr 7
H
H
•H
•«
♦ k
k
a
H
'U
k
% V^olorado Coal & I. Devei.
3
2 J’ne 0 26SApr 8
3
•1(4 3
Do
pref.
3
*14
•»% 3
• lk
• ik
*1V4 3
121
264 17 Mar 12 26%Jan 11
♦ 21
21
22
22
*2 L
23 Colorado Fuel & Iron........
23
23
22k * *22
c
*•2 1k
90
90
90
4%Mar 25
lOo
7% Jan 18
a
a
• 5 ii
1 Col. X Hock. Coal X Iron..
3
0
•514 6
•S«
5k
•5 k
195 m 100% 190U 200k .198
3.275 167 Mar 26 205%.Pne 0
•195 109
198 L90
197(1 [077^. Consolidated Gas (N. V.)..
IB
M
3614 s« 4 3.1* 3?V» 375j - 87(4 8 ?k •30k 38
1,010 27kMar 25 38 J'ne 14
*3 M 38 Consolidated Ice................
M
320 83% Apr 28 91 Feb 15
*00
•90
91
9S
*00
90
19 l
91
0 L 01
Do
pref.
ttlfc *00
*44
100
145 Feb 14
48
*4-1
48
•40
. .... •40(4
*40k
:;;
99%Mav 24 99%May 24
l,2 o u 45 'A p r 20 03%J’ne 28
64
»l H 62% 02% G2H 63(4 6354 *01
82« 62(4 Detroit Gas........................
63%
400 6l%May 20
107 1 19 "Apr 8 135 Jan 20
*125 ' 130 4 *125 130 " $12 9 k 12 9 k 1 2 0 k 1 2 9 k 1180k 130U '127 130 Cjdison Elect. 111. (N. Y .j.
i 00%J’ne 17 1 1 i Feb *
8«j< 3814 3914 39 k
38% 30% Genera JElectric................ 14,96V 89%.Mar 12 39% J’ne 30
38* so
39
39 k
8»i< 39
24
1,890 15%Apr 22 30% Feb 15
24H 2314 24H 23
23k 23M f Tawatlan Com. X Sugar.
3(H 2-1(4 24 k
23k 24
*88
*66
•88
92%Feb in
XL. B. Clafilri Co..............
•88
*88
*88
26 43 Apr 2 50 May 21
*48
*4H
53
•48
910 44%Apr 25 60 J’ ne t
S7« 67* *6tt« 67(4 56k 57
56k 67
58
58
57% tiUuois S te e l...................
157k
2,791 37% Mar 25 52 J ’no 3
61
61
50% F aclede Gas (St. Louis).
0»H 5 1 k o i k
•<»8 40% 50
6 ik 5 1 M 50
*91
*91
85 Mar 12 94%Jan 14
on
93
•90
93
*01
♦ 93
93 l-J Do
93
*01
93
pref.
*3
♦3
0
4 Jan 20 5k<Jan 21
6
•3
•3
*3
6
0
*3
6 VI*anhuttan Beach Co—
8
•50
MS
80 45 Mar 28 $53 J’ ne 10
54
53
149
49
150
50
•48
52
52 ‘ ♦ Xtiryland Coal, pref......
*48
140 Mar 9 145%Feb 10
154 Jau 29 154 ".Ian 29
73W 7314 74
3,295 57 Jau 20 7fi%J’ne 29
7-1 % 74
75
70k
•34
832 20%Mar 2n 87% lau 7
85
3114 35
35
35
84
34
34k 3 ik §34 % 34% \Tatlonai Lead.................
030 99 Apr 22 100% Fob 10
Do
pref.
1107% 107% 1107% 10744 .107 10754 lO flk 10 7 k •100k 107k •100k 107-3/
35 15 Mar 25 21% May 23
•10
17
*l'*k 17
*16(4 17
•I&4 18
517 k l ? k * 16 k 17 National Linseed Oil........
9 Feb 10
•514 7
•65
80
*66
80
00 Mar 25 80 Jau 18
80
*65
♦ 05
00
1st pref.
80
*0^
80
•85
80
*18
30
80 ♦
10»- 15 J ’ne 20 80 Jan 27
*10
30
15
15
•15
30
•15
80
•8% 0
*714 9
*7
*40
42
41
285 14 Apr 5 5 1 .1 'ue 3
41
40
40
43
*38
4 1 N. Y. Air Brake.................
*40
2,276
4%Jau 15
0^.1'no 8
614
0
0
0k
aw
5H North American C o .........
«4
*5k
•3
5
5
•3
5
3% Jau 4 4 J’ne 1 1
2,646 2i Apr 21 32% Feb 4
29
8«« 20*4 29% 79*
29
29
29k 28% 29 pacific Mall ....................
2954 29
*84 0
•340
*340
•330
1325 Mar 23 1350 Fob 25
98% 99% People's G-as* I,. &C.(Chlc.) 71,029 80%Mar 2rt !04kMay 31
07k 99 k
05% M % 9514 v»i( »5« 07»< 90k 97k
103 loan 198 200k 100W 200k 200k 207k 207% 212 Pullman’s Palace Car....... 23,3 72 165 Mar 12 2 1 2 J’ly l
193%
2 Jan 2 0
2
2
2
2 /''viiicksllvor M ining......
2%.Jau 7
2
*1%
•1 4
•‘k
•Ik
♦ Ik 2
♦ fl
8
8
*4
10.'
5 J 'ue 2 0\(J’ne 18
8
«
8
0
*5
*5
8 W Do
prof.
*59
60
*59
60
60
50% Apr 4 58 J ’ne Lb
*50
*58U 60k *58k 50k *58% 59% O liver Bullion Oertlfio't’s.
l43%Jan 21 [147 Jan 24
18
8
7o5
*0
10
6% Standard Rope X T w ine...
3kJau 3 7 May 23
Ok
0k
«% Rk
««
«k
2 1 4 36
25
««« 25
26JS 'P e n a Coal Iron X HR .., 14,370 17 Mar 12 28%.Jau 11
» sx 26
35(4 2 5k 80k 20
5 Mar 27
•40
44
14V
42
143
M 38 Apr 14 i45 Feb 9
2
43
•40
43
*40
•40
41
44 f Tulted States Express ..
2.025 5kA pr 25 8% May 2i
7%
7k
7k
•7N
7%
7H
V4 8
7% U nitod States Leather ..
•7%
65% aa
Do
prof- 17.391 53k Mar 20 09 k May 2
"5 4 6744 8514 60k 60
00k 00k 00k 00% 6hH
26
25k 25k
24H a«»i
26(4 United States Rubber...... 19,405 14% Mar 12 20 J ’ne 27
25 k
2 l k 26k 25
H
H 89k
8514 H6% 87
9»
88
88H 87k 8«k 88% «8%
Do
pref. 1 1,11 4 00 Mar 12 90 J’ne 2 1
*1*2 125 '120 123 •120 125 •122
100 11 1.2% May 5 1124 J'ne 2 1
x l2 l L21 ♦ 120 125
eulcrn UnionToieg'h 21,851 82k vlrtr 20 95 J ’ne 34
03
92H 93k
WH 9314 91
90-H 93k 93
93 k
*Tb«*o are bid and asked price*; mo sale* on thl* day.
i Less than 100 shares.
t Ex dividend of 100 per cent in bond*.
i
•34
38
•84
•as
82
*11 Mi lia %
2
•1H
c
*3% 4 %
•do
a :1170 170
04*4 SIH
95
88
i6©
60U
11514 116
*1% 8
rt
*4
4*H 43%
♦ 60
65
1170 170
136
36
36
91
*87
91
*58
•59
11544 u & k 11 5 k 116
2 i *i%
2
6
*4
44k i 43k 44
44
65
69k
♦ 160
•170 ’
4
j
19 k
*10
18H 1814
45% 46
45H 4&H
32H 23
V2W 9i>H
•178
28
*36
♦ SAW 28
•66
68
168 * 68
OUTSID E S ECU RITIES (G iv e n
K n il« n « 'a ,
^KlynCruwMifiil909. < j
a
B XJyn Kiev, ail *_ < iki.
-* §
Bkir)llgt*l!d 5« I m4 1 A go
B4|aeC».,A8— let 5* im41
B tifti U*;* T rnii.-S ^ Hio
Csi.Cvm (if.A B 'V n .P ! «
Couer Island % Br-w.kiyn.
1st 6 * 190 4..............1AJ
Si cert f* tndbi 1910. .1a J
G tS u S H e u letAs hAAAO
O ’p’t A Difim er 8t. 1st *
Sings Co. K lw n L—“fork
lllll.
105
»3U
Ua
{ i on
. k K*
no
197
103
W
8
HH
no
. 8%
T,i*i,
37
87k
Han ye fo r pre
vious year (1897),
Lowest.
a t foot of
luiivi’j nn
k J ’no
5 Apr
1 iUMar
44%J’ne
150 May
1Wk Apr
3K% Apr
22% Apr
175 Oct
U H J’no
25 May
110 Mar
3 k J ’»e
87kJ'ne
lOHJ'ir
4 Apr
37 Jan
12 Apr
1 Apr
3(»Apr
20 Jan
72% J ’ly
114 Jan
13% Jan
7 Apr
S2J4Apr
8 Apr
140 May
20 Sep
119 Sep
3%AUf
8% Aug
39% Deo
7fl%Oct
17 2%Aug
13 Sep
29% Sep
87H8ep
85%Sep
185 Jan
25%Sep
01% Deo
122% Doc
9%Sep
54%Dec
20kSep
9 Aug
50%Deo
27% Deo
7 Aug
llVSSap
30 Sep
87%Oct
125 Aug
23%8ep
12kSep
38%3ep
15 Aug
173 Deo
20%Oct
9%Dae
14HD60
1 Apr HJdSsp
99{Sep
4%Mar
U(£Apr 24%Sep
100% Nov 112 Aug
6%Jan
%J’ne
2% Apr 29 Jan
1 J’ne
<^Aag
8 Sep
6 Sep
l47%Feb
9%May
52% Feb
2 1% Dec
109%Jan
S t »•«•*•! H n llw n y s .
165 Oct
BflHSep
27 J ’ly
1 19% Not
OkNov tsi^Aug
15 Dec
109%Mar
100%Jan I21%Sep
85%.lan 94 J ’ne
07% Feb BIHliAug
100 Feb
Aiioot
85 Jan
16% Aug
2 Aug
« J'iy
2 OCL
1 5 k J ’no
70 Nov
SkJ'no
l30%Jan.
28 Nov
80 J’ne
35 Feb
37%May
20 Jam
60 N ot
27«Sop
85 May
79( Aug
VIMJ'lj
i o i ji Jan. 132%Sep
97 I-eb
28%May 41%Sep
81 %J’ly
35 Mar 45%-Dec
29% Apr 50 Aug
22 May
70 % Mar
4 Aug < J ’ne
40 J’ly
4‘ Mav 01 Sep
i
88 Apr 60 Aug
21 %Feb 44 Sep
88% Feb
10 May
51 %Mar 90 Sep
8(«Apr 45 Aug
• k May K«Attg
4
22 Dec 31% Aug
0%Aug
3^Apr
10 k Jan
24 Jan. SOkSep
330 Dee 340 Mar
91 Nov 97% Deo
152 Jan.
l% J’ne
8 Apr 13 Aug
5 L9t Aug 05%Jau
140 Dee
SHDeo 1 l L9iJau
17 May 3B(^8a,
37 Feb
0kMay
50 Apr
10 J'ne
50 J’ly
07 Jan.
75%Maf
7 c o n se c u t iv e p a g e s ) . - S T R E E T R A I L W A Y S ,
“ ir r H 1Ctill w a y s .
Bid. Ask.
Kings Co Tractbm—Stock
45
50
Nassau Blot 5s 104 4. A AD IOI
103
NewWmb gAKl 1stox.4%s 101
103
Highest.
.............. .
................
*8<
*85
Bid.
55
cievel Cab-1st 5s ’09. Ik J {100
2 <k
50
03
Cleveland Electric R y ....
1on i
Con 5s 1913..........MAS {100
49
List. ! 8 tclnwav 1si As 1023.J A.I $114 1)6(4 Columbus (Ohio)—Sto^k
95
Con 5« 1882............ IAJ
OTHER ClTlKn.
Halt Oninaol—Stock—See Balt 1. 1st.
Cr<1ss t’ wn - 1«t 5s’ 33,1 & J> 00
105 ’ Hr»dtf«p T r - 1st 5s ‘23.J&.I { 1 0 0 1 05
Consol Traet’n iN J )—$#*• Phi la
13
H
O
101% Ktllfni.. 8i rci»i Ry~~6tock
Lake St (ChlciElev-Stock
*2
09
1st entis-d 5s 1931 KAA|{1 1 1 1 »2%
106
Cr"«s'o*n 5s 1032MA.N'5108% 1 in
Louisv 8t Ry—5 p cbond- {112
34
4% i Chicago City UR—Stock, 2'8 275
n o m n y ST irn*rn«io-8rs Phils list.
96
Proferred .................
;
LV
X 1I.
48 J’ly
lO kA u g
25kJ«
70%Jan
ao D m
9«HSep
.T
.
.,
f
dtc.
Ntre<*t H n llw n y s .
Bid. Ask.
fK)ve Elocl True (Cnlc‘ .
f/ynn&Bos- 1st 5s i t.JAD {103% 104*
3
Metrop West Side (Chic).
{ 52”
Mlnneap St Ry-5s’ 19.JAJ
New Orleans Tr—Com. . ..
i
3
Preferred ......................
7 10
Notes 0s 100.4.. ..MAN
75
list.
U
North Chicago—Stock.... 207 209%
70 :
1st 5k 1900-10.........IAJ {104
105
10
113% No Shore Tr (Bost)-Coni15
Preferred ......................
70
30
73
100
§ Buyer pays accrued Inter© at.
Ask.
60
102
53
103
50
100
JP Y 2,
L
THE CHRONICLE.—
BOND PRICES (5
1898.]
BONDS.
3 . Y . STOCK E X CH A N G E
W e e k E n ding J u l v 1
11
F nce
F r id a y ,
J u l y 1.
Week's
R a n g e or
L a s t Sale.
S|
©-5
tCUitge
fr o m
J a n . 1.
p a g e s) i
BONDS.
N .Y . STO CK E X C H A N G E
W e e k E n d in g J u l y 1 .
St*
t. .©
It
age
B rice
F r id a y ,
J u l y 1.
L
17
Wcek’a
R a n g e or
L a s i Sale
B id . A s k . L o w . High.. xVO. Low . H ig h
kron & Chic Jnc. See B&o.
B id . A s k . Low . H ig h
Ches A Ohio—(Con.)—
labama Cent. See Sou Ry.
Gen gold 4%s...............1992 M
Alabama Mid 1st gu g. . 1928 M-N
S4 gale
83%
84%
91 Jan.’98
91
91
Registered.................iyya M -S
Albany A Susq. See D 4 H .
R A A Div Lst con g 4s. 1989 J
101
Allegheny Val. See Penn Co.
lu* lbs** i*05^
2d con g 4s............... 1 9 8 9 J
Am Dock A L See Cen of N J.
94
94 May’9«
Craig Valley ls t g 5s.. 1940 J - J
Ann Arbor Lst g 4a....... 1995 Q -Jt 83
85
85
85
9 5 % May’98
81
80%
Warm Spr Val ls tg 5s.l941 M
Atch T A S F e gen g 4a . 1995 A -O
93% Sale
93%
94
85
94
Eliz Lex A B S gugSs.1902 M _
Registered................1995 A -O
8 ale 102
102%
89% Mar’98
89fc 89% Chic A Alton sink fd 08.1903 M-N
Adjustment g 4s........1995 Novt 87% Sale
. 112% 113% Apr.’»*
66%
07%
58|9 67%
Lou. A Mo Riv ls t 7s.. 1900 F- A '108
Registered............... 19 9 5 Novf
108 J’ne’96
„ 2^ 7s.......................... 1900 M-N
Equip tr ser A g 5s__1909 J - J
107% NoV 9
St L J A C 2d gu 7s.... 1898 J - J
Chic A St Louis 1st 8 s. 1915 M -S
104% Mar’ 9 '
Miss Riv B 1st sf g0s..l912 A -O
Atl A v Bklyn imp g 5s . . 1934 J - J
Chic Burl A Nor. See C B A G.
Atlan A Danv 1st g 5 s.. 1950 J - J 95
99
99% J’ne’98
95
99% Chic Burl A Q—i ou 7s.. 1903 J - J 114% ....
C
Atlanta A Char. See Sou tty.
} 17% 118%
Sinking fund 5s...........1901 A-O ........105
Austin A N W. See So. Pac.
Debenture 5s............... 1913 M-N I0rt% 107% 107 Feb. O-'
at Creek AS. See Mich Cen
100% 107%
Convertible 5s............. 1903 M -S 112 Sale HO
alt A O lst 0s Pkbg Br.’ 19 A - 0 110 Sale 1 1 0
_
U2
111 %
100 118%
Iowa Div sink fd 5s... 1919 A-O 109 ....... 109% Feb.98
Gold 5 s .............1885-19251 F - A 109 Sale 113% 114
80 114
*8 ...............................1 9 1 9 A -O 1 0 0 % 1 0 1
100 % 1 0 0 %
Coupons off....................... ......... ■ 108%.......
Denv Div 4s.................1922 F - A 1 0 0 % ......
Registered...... 1885-1925 F - A 108 Sale 108
99% J’ne’9*
113%
95 113%
4 s.................................. 1921
-S
Eng certf of deposit........ ......... 108% Snie 108% 1 1 0 %
99 J ’ne’98
90 IL<>% Chic A Iowa Div 5 s.... 1905 M-A
F
Consol gold 5s............. 19 8 8 F- A 113% Sale 113
113%
97 113%
Nebraska Exten 4 s .... 1927 M-N 0 «% •
Registered................1988, F - A .................... 103% May’98
103 103%
Registered................1927 M-N
J P M A Co ctfs of d ep ............. 1 1 2 % 113% 113
May’98
113%
97 113%
Han. A St. Jos con 0s.. 191 1 M
120
B altB ’lt lstg5 sin tgu . 1990 M-N * 9 9 %
J ne’98
99% 100
84 100
Chic Bur A Nor 1st 5s.l920 A - 0 108% .
W Va A P lst g 5s...... 1990 A -O .........
1 0 0 % J ’ne’98
Chicago A East Illinois—
Monon Riv 1st gu g 5 s. 19 19 F - A
1st sf cur 08................. 1907 J - D ♦ 114% .
Cen Ohio R ls t c g4%sl930 M- S 101
110 May’98
99 Jan.’ 98
99
99
Sm all........................... 1 9 0 7 J - D
•Col A Cln M 1st ext 4%s 1939 J - J
lst cong 0s................. 1934 A-O
122 Apr.’w
H
A k A C J lstin tg u g 5 s. 1930 M-N
General con 1st 5 s .... 1937 M-N
Coupons off......................
108 J’ne’98
•9 8 .......
80 Nov’97
Registered.............. 1937 M-N
Pitts A Con ls t g 4 s... 1940 J - J 101% 102
100% J ’ne'98
00
1 00
105%100
C hlcA IndCR y 1st 5s. 1930 J - J *105
B A O S W lstgug4%s. 1990 J - J 1 0 0 % ......
105 May’98
08 J ’ne’98
98% 108 Chicago A Erie. See Erie.
BAO SW Rycong 4%s 1993 J - J
00 J'ne’97
Chic Ind A Louisville—
lst Inc g 5s ser A ... .2043 Novt
27% J’ne’98
27%
Louisv N A A Ch lst0s..'lO J - J *115% .
115% J ’ne’98
Series B.................... 2043 Dect
9 J’ne’98
«%
9% Chic Ind A L ref g 5s.. 1947 J - J
9" J’ne’98
B A O 8 V Ter Co gu g 5s.’42 M-N
V
Refunding g 0s........... 1947 J - J
103
103
Ohio A Miss lst con 4s. 1947 J - J
105% Jan.’ 98
105% 105% Chic A Mil. See Ch. A N W.
2d consol 7s............. 1911 A - 0
121
120% 121
Chic Milwaukee A St Paul—
ls t Spr’gtield Dir 7». 1905 M-N
105%
Sj-iSSS
102% 107%
1st 7s $ gold R D........1902 J - J 143 140 142 May’98
ls t general 5s..........193* J - D
1st 7a £ gold R D....1902 J - J 143 140
*eech Creek. See N Y C A U.
1st Iowa A D 7s.......... 1899 J - J 143 140 140% Mar’ 9 -s
Bel A Car. See St L A A T H.
L
1st C A M 7s........ .....19 0 3 J - J 143 140 141 Apr.’98
Booner Bridge. See M K A T.
Chic Mil A St P con 7a 1905 J - J 143% Sale 143% 145%
Bway A 7th Av. See Met 8 Ky.
lst 1 A D Exten 7 s .... 1908 J - J 142% Sale 142% 142%
Bklyn City 1 st con 5s 1910-41 J - J 112 Sale 112
112
112
113
ls t Southwest Div 08.1909
J I I S } * ...... 117% May’98
Bklyn El Tr Cocf lstg0s 1924
92% Sale
91%
92%
79
92%
ls t La Crosse A D 5s.. 1919
J
1 10 Mar’Q
X
Tr Co ctfs 2d g 5s...... 1915
80
80
86
1st So Minn Div 0 s.... 1910 J
1 1 7 % ...... 120% 120%
3d lnstal pd......................
08 May’98
08
08
ls t Hast A D Dtv 7s... 1910 J - J 125 ....... 130 J’ne '9 3
8 A BBTCocts lstgu g5s’42 .
70% Dec’97
5 s ...............................1910 J - J 107 ....... 109 Oot.’97
8 d lnstal pd................... I.......
Chic A Pac Dtv 0s...... 1910 J - J 118 • ...... 118 Mar ’98
Un E lT rC ocfs lstgu g8s’8 7 .......
92% Sale
90%
8* ’
6
92% Chic A P W ls tg 5s....1921 J - J 1 1 4 % ...... 117% 1 L7%
92%
Bklyn Rap Tr g 5s..........1945 A- O 102 Sale
99
102%
91 ;io 2 % Chic A Mo Riv Div 5s. 1920 J - J 113 Sale 113
113
Bklyn A Montauk. See L Isl.
Mineral Point Div 5s.. 19 L0 J - J
107 Mar’98
Bruns A West ls t g 4s.. 1938 J - J
Chic A L Su Dtv g 5s.. 1921 J - J
1 12 Apr.’98
Buff N Y A Erte. See Erie. I
>
Wls A Minn Div g 5 s.. 1921 J - J
114 J ’ne’98
Buff R A P gen g 5s...... 1937 M - 8 105% Sale 105% 105%
104% 100
Terminal gold 5s........1914 J - J 1 11 % Sale U l% 1 1 1 %
Debenture es ........... 1 9 4 7 ,J -J
........
Far A Sou assu g 0s.. .1924 J -J *110 .... . 127%Jan/98
Roch A Pitts ls t g 0 s..1921 F -A ................. 127 Mar’98
127 127
Contstnkrund 5a...... 1910 J - J
100% May'97
Consol lst 0s........... 1922 J - D '12o
....... 123 Apr.’98
123 123
Dak A Gt So g 5s........1910 J - J
114 J’ne’98
Cl A Mab lst gn g 5s.. 1943 J - J ................. 103 A p r'97
Gen gold 4s series A. .1989 J-J§ 104 Sale 1<)4
100
Buff A Southwest. See Erie.
Registered.................1989
105% Feb.’98
Buff A Susq 1st gold 5s.. 1913 A -O .................
Mil A No 1st M L 0s.. 1910 f - D ! !! !! ! \20 120 Mar’98
Registered...................1913 A -O
..............
ls t consol 0s.............. 1913 J - D .........121% 120 J’ne’98
Bur O R A N 1st 5s........ 1900 J - D
106% 106% 1 0 0 %
104%109
Chicago A Northwestern■ Con 1st A col t r g 5s... 1934 A -O 105%
105% J'ne’98
100 109
Con 7s.......................... 1915
141 144% 13934 J’ne’98
Registered................ 19341A - 0 ....
Gold 7s........................ 1902
113% Sale 113% 114%
M A St L lst gu g 7s . 1927 .1 - D ....
Registered ............... 1902 J - D
113% 113%
” R I F A N W ls t g 0a. ' 2 0 ! A -O *105
C
108 Deo'97
Sinking fund 0s.. 1879-1929 A-O
119 L14% J’ne'98
is t gold 5 s................... 1921-A-O *105
105 Jan.*98
105 105
Registered...... 1879-1929 A-O
. 115 114 J’ne’98
anada South 1st 5 s... 19081J - J 103% Sale 108% 1 1 1 %
107% 111%
81nking fund 5s. 1879-1929 A-O
111 % L06% J ’ne’98
5 s....................... ..
.H- 8 > ..... “ * ■109 109
108%
109
105 111
Registered...... 1879-1929 A-O
109% D ec'97
Registered................... 1913 M - 8
100 Jan.'97
Sinking fund deb 5 s... 1933 M-N 110% 117% 11 0 % 1 1 0 %
CarbA8 hawn. SssStLAATM.
Registered.................1933 M-N 1 1 5 % ...... 117 Mar’9«
Carthage A Ad. See N VC A H.
25-year debenture 5s. .1909 M-N L08 8 ale 108
108
C R la F AN. See B C R A N.
Registered ............... 1909 M-N
L09% Mar’98
Central Ohio. See Balt A O.—
30-year debenture 5s. .1921 A - 0 U 2 % .
112 May’98
Cen RR A Bkg Co of G a .Registered.................1921 A - 0
117% Feb.'9*
Collateral gold 5s........ 1937 M-N .................. 92%
98% 10 87
93%
Extension 4 s.... 1880-1920 F- A 105% 107% 105% J ’ne’98
Cent of Ga Ry— Lstg 5s.. 1945 F-Ai ...................
ne 9
114 119%]
Registered...... 1880-1920 F- A
103 J ’ne’98
R egistered.............. 1945 F-Af ..................
Gen gold 3%s...............1987 M-N *1 02
101% J’ne’98
Consol gold 5s............ 1945 M-N| 8 9* Sale
89
89* 17 84% 92%
Registered...........
1987
N
Registered.............. 1945
Escan A L Sup 1st 0s.. 1901
107% May’98
J
1 st pref Income g 5s ..1945 Oct.*]* 39
40% 39%
40" 12 30
44%
Des Mo A Minn 1st 7s. 1907 F - A
2d pref Income g 5s.... 19 45 ..... .
14
13% J ’ne’98
15%
11
Iowa Midland 1st8s... 1900 A- O
8 d pref Income g 5s.... 1945 Oct.i • __
5 May’98
3%
5
Chic A Mil 1st 7s........1898 J - J
102% Apr.’98
8%
M A N Div ls t g 5 s . . . 1940 J - J __
92 Jan.'98
92 ,, Winona A St Pet 2d 7s. 1907 M-N
92
Mobile Div ls t g 5s__1940 J - J ....
95% Jan.’98
95% 95%
117 Jan.’98
MU A Mad 1st 0s........1905 M -S
Mid Ga A Atl Div 5 s.. 1947'J - J
109 Mar’98
Ott C F A St P lst 5s.. 1909 M -S
Oent of N J— 1st con 7s. 18«w'g-Jt 102
.......104%J’ne’98j ..
105 Apr.’98
104%104%
North Illinois 1st 5 s... 1910 M -S
ls t convertible 7s.......1902 \l- N
113% Dec 97| ..
MU L 8 A W ls t g 0 s.. 1921 M-N
134 J ’ne’98
Convertible deb 6 s__1908 M-N
110% Feb.'98 ..
110% 110%
Convertible deb 5s. .1907 F -A
105% Feb 'vt
General gold 5s...........1987 J - J
1 12
1 12 % 114% 115
E xt A Imp a f g 5 s... 1929 F -A 113 .
109% 115
113% J’ne’9S
Registered................ 1 987 Q -Jt
112
113% J'ne'98
108% 114%
Mtcb Div lstgold 0s. 1924 J - J 130% .
134 Mar’98
Leh A V B C con as 7s. 1900 0 -MI 101 Sale 100% 101
V
99%103%
133 May’ 98
Ashland Div ls tg 0s 1925 M -S
5*...................................
M-N 91
90
90
90
93
112 Apr.’98
Incomes.................... 1911 M-N
Am Dock A Imp Co 5s. 1921 J - J
115 J ’ne'6
110 110
132
Chic Rock I A Pac 0s — 1917 J - J 127 131% 132
N J South Intguar 6 s.. 1899 J - J
128
Registered ..........1 9 1 7 J - J ........133
128
...... . “ *•
Central Pacidc—
Debenture 5s............... 1921 M -S 107% 108 107% 107%
Speyer A Co ctfs dp A. 1898
103
103 Feb.’98
103 103
Registered............... 1921 M -S
Speyer A Co ctfs BCD. 1899
103
103 Feb.'98
103 103
General gold 4s...........1988 J - J 103% Sale 103% 105%
E xt g 5s series E ........189* J - J
101% May'98
101% 103%
103% May’98
Registered................ 1988 J - J
Speyer A Co ctfs dep E. 1 9 0 n
103 ........
92 Feb '98
Des M A Ft D ls t 4s.. 1905 J - J 90% .
Speyer A Co ctf FGHI. 1901
103 ........
70 Feb.’98
70 .
ls t 2%s..................... 1905 -J
San Joaquin Brg0s...l9OO A -O 102 ..... 102% J'ne’98
83 Mar’9
102%105
88
.
Extension 4s............1905 J - J
■ Guaranteed g 5s......... 1939 A - 0
85 ........
106% J ’ne’98
Keok A Des M lst 5s.. 1923 A -O
Speyer A Co eng ots........
85 ........
100 A pr’"*
Small.......................... .
A -O
Land grant gold 5s__1900... -O 1 0 0 ........ 102 Mar’98
A „
100% 102
Chic A St L. See A t T A S F.
C A O Div ext g 5 s .... 1918 J - J 101 ........ 101 Jan.’98
101
101
Chic St L A N O. See III Cent.
Western PaciHc g 0s.. 189wlj - J 100% 101% 104
101 104
104
Chic St L A Pitts. See Pa Co.
No of Cal lstgu g B s.19 0 7 J - J
Chic St P M A O con 0s.. 1930 J - D 1.83% 135 133% 133%
Guaranteed gold 5s. 1938 A -O •101
101
100 102%
101 %
Ch St P A Min ls t 0s .1918 M-N 13 0 % ...... 132 J’ne’98
OeutWash ls t g 0s tr ctfs 1938 .......
40
40
40 Feb.'98
Nor Wisconsin ls t 0s..1930 J - J
Charles A Sav 1st g 7s. .1938 J - J
13"%
St P A S City lst g 08.1919 A - 0 ISO ...... 130
Ches A O— P M fd gs 0s. 1898jj - J
85%
87%
1 01 % 1 0 1 % Chic Ter Transferg4s ..1947 J - J
101% Jan. 90
c5% Sale
Gold 0s senes A ..........1908 A-Ot 118 119 118 J ’ne’98
106 J’ne’w
#
118 1 2 0 % Ch A West I ls t s f g 0s. 1919 M-N
Gold 0s........................19 11{ A-OT 119% 120% 119 J’ne’98
115% 120*
120% J’ne’98
General gold 0s.......... 1932 Q -D
ls t cons g 5s............... 1039 M-N I 114 114% 114
t i l 117
114%
Chic A West Mich Ry 5s. 1921 J - D
R egistered..............I939 M-N 1 12 ........ 114 F«h.'9H
113 114U
Coupons off.................1921
A
B
Kunge
1=
fr o m
Ja n . 1.
Low. H ig h
73% 85
!05%
99%
97% 104
112% 113%
107 1 1 1 7
*
113% 118%
104% 107
104%109
104% 112
109% 109%
98 104
9? 101%
99 100
95% 100
97
97%
19 123
05 110%
H0
110%
1 2 2 ** i s o "
10 1 % 108%
101 106%
100% 109
112
80
96
115%
90
105
140
148
137%140%
140 144
188 145%
139% 143
110 119%
110
110
114% 121
128% 130%
1*18*’ iV i'*
111 117%110% 117
107 110
112 113%
111 115%
111 115
127% 127%
C
•No pnoe Friday* these are latest old and ask ad this week. T Bonds due July, t Bonds due Nov. I Bonds due June.
OUTSID E S E C U R I T IE S (G iv e n
8 rre*»r lln ii
Bid. |A*k.
ProvA P aw i ek-ist.j* u^,{l '»5 ! 100
Rlchm Ry&Klec-lst 5s‘20]$ 80
82
Rochester Ry...................
9
12
Con 6 s 1930..........A&O' 95%
Bcranton Traction....... 50 t 10
................................... i 105 108
8 o Side El (Chic)—Stock
60
61
Twin City R T r—C o m ....
10
20
Preferred.......................| ........ 10 0
Un’d TrAEIec(Prov)-gi’ kj ' «o
04
ls t 5 s l° ^ 8
..MAS 4105 107
West Chicago ©t...............i 89
91
O n 198* ...
at
fo o t
of
7 c o n se c u t iv e
Bid. A8k.
l i a s ?<eciirlrit*<i.
| West Kua —See Hinton Exch I8t.
17
;1 Worcester (Mass)Tr-Com 15
90
95
pa g e s ) .—
tin * S e ciii’ itleM.
New Amsterdam Gas—
Common.......................
P ref................................
ls t consol 58.................
N Y & East River Gas—
NEW YORK.
lst 5s 1944............. J&J
I Central Union Gas—
Consol 5s 1945.......J&J
1st 5a 1927.............J&.T 5104% 105
1 Con Gas (NY)—Stock—N V St.k Exch Nor Un—
lst 5 sl9 27............. M&N
Deb 5s 1908......... M&N 108 111
Standard Gae—
Eqult G as.......................
Common.........................
1st Os 1899...........F&A e io i" ‘ 0 2 *
Do preferred.................
, Con. 5s 1932......... M&8 5113 1 1H
j
94 0 1 1 o» fi« t o V f
MMntmil Ous
100
107%
101% 102%
i‘l7 ” il7**
109 109
105 105
132% 137
1*13% 117%
133 134
133 135
112 113
127%182
128 131%
104% 108
102%105%
L08% 103%
85
92
09% 70%
103
109
126% 138
128 183
120 132%
79% 87%
'H
117% 122%
» Boads due Jan. i Bonds due May
G A S S E C U R IT IE S , £c.
Bid. Ask.
3 1*
31%
76
» 0 2 * 102%
1 1 2 % 114
109
109
90
95
139 142
152 156
1 nig 1 14u
- .• ........-
Bid.
Ask-
Brooklyn U lG as—N Y St ock E xch.
lst con 5s—N V Stock Exch.
Williamsburg Gas—lst 0s 5102 103
OTHER CITIES.
Baltimore Consolidat—Se e Balt. List,
Bay State Gas—N Y Stock Exch.
Boston UniiedGa8 Bonds- -Bosto
22*
Buffalo City Gas—Stock..
lst 5s 1947...........A&o 5 01
Burlington (Ia)Gas—St>-k
JAnH Inlnrp.f. IPpi p**f *h
nList
24
92
. •. •*i
T ilE
18
i
4*r*re
, F r u ia y ,
! J u l y 1.
Week"*
B unge or
L a s t Sale.
'
s p n o tf I
BO N O S,
R .Y , ST O C K E X C H A N G E i t
W i t s £si*IJ«o J l ’L.V !.
C H R O N IC L E .—BOND PKiCES (5 pages) Page a.
1 Range
fro m
i J a n . 1.
B O N D S.
B u t. JLek. Cow. H ig h S o . Low. H igh
UV OCt707
cm a a o © t r
£<u
iy« A- «l
103% O«L*07
t 4 K(<)d 4 % * ..,.,,.-....1 9 3 ? J - J
107% iii %
S
Cm D A l !•< * * g
fx
! W >I-N
41
U 6 106% J ’ne’W
c i m i* a o< c c a st u
„
Ola ft A C. 8** C C C A A I.,
Or * A a Ry Bolt U t « 5*.ivih? J --D
D
C*«#-rtt dd A Mali. .S w B iU l'
Cl Ak A C »*4 A 2d g Aft.. 1M3' .
70 J ’uo’O
H
7SH
Cl A C*n 1*1 5ft tr r*e...U M 7 J - J
3 82
82
82
62
C O C A 01 Ir-O att g 4*. .1906 J - U • ......... 86
as
bo
J
83 J 'n e ’VS
Cairo Dir U t # t 4» . 1 0 :lw J - J
8 90S* 08H
95
95
8U « D tf iM co U rK ik lV V M N 05 Sale
0
fi Mar ♦ U *
S
K M t* u r* d ..,..» » .* « .lv 9 o ;» 6pr A Ool D ir U t# *« IM O .M -0;
80
88^4
*N J ’lVe'OM •
O
011
W W Vftl DW l i t * 4*-l04«iJ - J
00 Apr.'WH .
89
90
01
Ctn W A M Hi* U l # 4ft.l9v » J - J
UHtlf 101
W H May’ 08 .
W
Clu I 0 t L A C U t# 4ft.lM3«W-Kti
Uegi*t«rx»d
..iw ao Q-Ft
C o u u l a*.......... h -N
114 O o L * 0 7 |.... !.........
Cla 3 A Cl w ii l*t ii 5ft. 1928 J -J
107«* Fet) *97) •
Ind B! A W l«t p f 7*.. 1 900 J * J
O Jnd A W l>t pf fit... 193* U-J4
78Vjf 27 I 70
78W
78 U 78
F*o A East U t col) 4s, 1040 A -O
1 1 0 1 0 i 14 tO
Income 4*...................19V * A pr.
H
l«JtJ 10
103 J*ne‘08 . . . . 102 100^
01 C C A lu d U t* f ? f t ...18WU M-N 103
1 3 !^ 187
OOBSOl 7 i . . . . ____
10U,'-J-*1 1»1H 138H la iifj j ’ikpus
Optukxl *luking M T |...U ) I4 « |* 0 |
127%127%
127M May'UsJ
G*ucr»J consol gold Os. 1004. J - J 1
K«tfist«rtMl................1034 J - J
|S07M OcL ‘07
C A S U t MC CO A l 7*. 1001 A -O ;
io 6 ” ibs*
103 May *08
a Lor A W h 000 U t S ft.l03;o A -O
Cis* A MilltfMs. See C* R R.
Cl0T A Mnbuu Val g *%.. 1038 J - J 121
fUtftelerod ................1938'^ u J
CUv a Pitta. 8++ I'ouo O a
Colorado MURanI—
50
00
5Utf J ’n e’08
U t if MiM s . . . . . . . . . . 1047;J 1 J
li« C 4a . . ...................... lo t ' J - J •
Col A oth At . 5 m Met £ t By,
Col am A UrHQT. See So By.
Ool flock. VsJ A T ol—
75 O ot/07
C ong 5».........................1031 M- 8
70% 82
70Vi
80
J P M A Co eng ef» 065 p d . I.« . ..
54
61
61 Feb.’UB
General gold d » .,......1 0 0 4 J - D
General lien gold 4»,.. 1O M - J
H S|J
Registered . . . . . . . ,..1 0 0 0 |J - J
Ool A Cln MO. Ste B A O.
Ool Conn A Turin. S+* N4W '
Oooo A Pas lllr s 1st g 4e .‘43!A 0
ak A ti t So. St* C M AStP.
alias A Waco. See M KAT.
I
122 tB8
. . . . 120 122 A pr.‘98
0 «! Iwtck A W estern 7s.. 1007 M- S|
125%125%
Brr Bing A X V U t 7s. 1000 jA- O 1 2 4 H ....... 13BM M ar’08
187%144
140
M om s A Essex 1st 7s. .1014 JI-N I e s x ....... 140
7 s . . . . . ......................... 1000 < - .1 102 ....... to o N ov‘07
1
1 107 118%
7*............ 1871-10011 O
Ano
U 2 n 0^4 n o k
139
139 I 2 130 142%
1st ©on guar 7 s .,...,1 0 1 8 |J - 1)
R eg iste re d .............lO lfitJ -D :
138 A pr.’98
138 138%
If Y Lack A W 1st 6s .. 1001 J - J
U 8 K Nov'97
C onstruction 5».»...1923 F- A j
W arren 2d 7 s............. 1OOUi A- «)
143 143
143 Mfty’08
Del A Hud 1st Pa Dlv 7 s. 1017,M- fS
143 May’97
B eglstered..............1 0 1 7 M- 8
123H 123H
120%185%
AJb A Sue U t eon gu7»10(16{ A - O
R egistered. . . . . . . . . . . 10001A - O
110 118%
115 J 'n e '9 8
Gold fls.............. .....1 0 O O |A -O
117 117
117 Fob.‘98
Registered....... *,..1000 A - O
148& A ug’97
Bens A 8nf 1 st7 b. . . ...1 0 2 1 (M -N
141 May'98
R e g iste re d ................19211>t-N
Del R lr ItK Bge. St+ Pa HR.
Den Con T r Co U t g 5s .. 10B8:A- O
Den Tram Co con g 6a. 1910 J - J
Mot Ry Co U t go g Oa. 1911iJ - J
02u Sale
87% 05?4
92W
95
Den A K G r U t cong 4s. 1OftOlJ - J
108
108 110%
l i t gold 7»........ .
10Oo!M-N 108 Bale 108
02 ........ 0 1 ^
85% 98
Im provem ent gold 5 s . 1U28 J - D
01H
De* M A F t D. See C R A 1 I*.
Do* M A Minn. 3 u Ch A X W.
D«* M Un By 1s t g Si. . . 1017IM-N
90M J ’no'08
07 100
Det MAToL St* L 8 A M So. !
Det A Mack 1st lien g 4 s.l» « 5 iJ - D
Gold 4 s . . . , .................. 1000)J -D
104 110%
Dt»l A Iron Range lst5s.l0H 7 A- Q 1QZU 8ale 100% 105%
R eglitered............ ..... 1oa? A- O
i d Ben mortgage fi*... 1010 .! - J
93% 08%
Dot Rod W A 8 U l g 6s . 1006 Jl - J
93% Feb.’flB
107 J ’ue'08
101 107
Dal So Shore A At g 5i.lt»3? J - .1 1 0 5 « .
l? a s t of Minn. SrvStPMA-M.
JCjjMt T Va A Oa. St*.So Ry.
Kill Lex A II S. St* C A O.
Kim Cork A No. S « LehANY.
118 110
113 Fob.'OS
Brio 1st e x t g 4ft............. 1W H -N i n (l% 1
47
117% j ’no’08
td e xt gold 5 s .. .. .. . . . . 101V M- Ki 117 .
*
110%117%
in %
n l%
Sd e x t gold 4 U # . 11*23 A I - 81 111% .
108 111%
itb e xt gold o s. . . . . . . . 102o| A- O 1J7 .
118 118
117
117
104% J ’mj’08
5th ext guUl 4«.. . . . . . . 1W J - D 102% .
2*’
104% 105
141
141
188 14781
l i t ooiisol gold ? i , . . . . 1U21»|M- sSj
140 May’98
140 148
1st oouw l gold fd 7 b.. IPifo M- Hi' 135
133%180
130
130
Long Dock con gold Oft. 1035, A- O f
Bntr N Y A Erie U t 7s.l01O ;J - D
138 183
183 J ’no'08
Buff A 8 W gold Oa. ,,,1008 J . J 1
Small ................ .
J -J i
Jeff R ll U t gu gold 5 a 1M A-Ou 104
ow
100 Fob.’98
100 100
110% 111
Chic A Kite Ut. g 6ft.. 1M82 tl-N 110
tp s t i a
Coal A UR U t c gu d». 1022: .11-N
Dock A Imp 1st c u r0#. 1013!J - *
1
X Y A tiffN& L gug5ft.l04rt H -N 1 0 0 % ......... 105% OOL*97 .
Smalt.....................
......
Brio U t win g 4» pr bd». 1 I J
j 00% Sale
02% 01 j 8 4 « 03
00%
1OVfl ,1
Registered
100rt J
U t eon get* 1
1
* 74% 7*5 j i* n
*74% 104 1 66
75
10M« J
Registered
5*108
cf 5« 1937 4
mi i o'si
If V BA Wib s j ’no’osi
r'!
i
9147 i F 90 M ar’M
2d gold 4%
» 4 « 91
General g 5 a .,. . . . . . . 1040 F- i v i% Sale : U0«
:
y i % 20 ! 83
08
1*109%
n o Ape. *081
_
U t tf 5*_ 1943 n
Tern
|U 0 U lh
lb
1,063 each. 194 Hi 51
SVU
J*ne‘98
U tg u g 5 * l0 4 S J - it 08
03% 101L
Mid It ltd NJ U tg rt»t01<i AiV iH 120 J ’ne’Oh
[I K K 121
Baean 1 L 8 P. $*+ t'M N W.l
i
D
* No pru>*f Friii*y; tiiitfto are I*4oat bid and asked thi» week.
O U T S I D E S E C U R I T I E S ( G i ve :*
Bid. Ask. 1
C3»i* W w o r lilr u .
<S)»rlr.l>.lMA (Jl OML..VA 4 .. t
IS
C hart
Valley
*103**
Chkaufn Gao—S+e X Y 9t>> ok F a Ul
Clwwo G m Oo U t 6«.........
1M4%
jR y Ga* ( Norfolk Y a ),.,,
m
88 i
105 ;
gft
Columbus CO) Ga»—Stock
94
le t 5« IM32....... ..JA J f 99 102
Coniw.ii'tst Gaft (Halt) St* Halt L l*L
21
Cofift-did Gift {N J »—
3'ck 11 a
l i t 5ft 1036............ ,JJU
S3 1
I F k H e c tiH th «.
CotiftUtaGaft (J C ity)--Stk
l i t « * ............ . . . ..MAN
B id . A sk.
Aureka Springs l g 0s. 1983; F - A
Kt A T LI 1st con fls.......1091 J - ,1
1#t general gold 5» .... 1942,A - 0 . . . . . 80%
Ml Vunion l» t 0 s ...»,,1923 A - O
Bull C o B r’oh 1st. g 5s.. 1930 A -O
85
B vA Indlst eou gtt g 0 a .. 1020 J - J ♦ 80
j'argo &8o. Se* Ch 51A S t P.
But A Pore M g 0 a ....1090 A -O 116
1st consul gold 6».......1939 41-N
93
P t HuronDtV U l g 5ft.l93v» A - O *88 ’ 01%
Fla Cou A Pen U t a 5 s .. 1018 J - J 102
U t land gr e xt gold 5s. 1930 .1 - .1 * 99
Consol gold 5a..............1943 J - J ♦ 90
F t 8 A V B Bge. Set SILAS F.
F o rt St U l> Co 1H g 1%» 19 4 1 J - J
I
F t W A I) C—1st g 4-0a. 1021 .1 - I)
75%
Ft W A RIO Gr U t g 3*4s. 1928 J - J
00
Fulton Kiev. Set K ings Co El.
/ " lU H ar A 8 A. Set S P Co.
1
V* al H A11 of ‘82 1at 5-. 1918 A -O
02 Sale
Oa A Ala Ry ia t pf g 5s. 1945 A -O 102 .......
Ga Car A No 1st gn g 5s. 1929 J - J
02 .......
Georgia P&oiUa. Set So Ry.
Grand Rap A Ind. See P a Co.
an A St J. See C B A Q,
ousatonlc, See N YNUAH.
1lOUflt E A W T 1at g 5a. 1933 >l-N
00% Sale
I lous A T ax Con. Set So P Co.
llinuiB Cent 1st g 4 s ... 1051 J - J
R egistered..................1051 J
1st gold 8%s...................1051 .1 - J
R egistered...........,,..1 9 5 1 J - J
1st gold 3s s te rlin g .. . . 1951 >1-8
R egistered. . . . . . . . . . . 1061 >1-8
Coll T rust gold 4 s.......1052 A - O 101
R egistered. . . . . . . . . . . 1952 A -O
L N 0 A 'le x gold 4 s .. 1053 M-N 101% Sale
R egistered................. 1958 xM- N
Coil tr 2-10 gold 4 s .... 1904 J - J
R egistered .................. 1904 ,1 - .1
W estern Lino 1st g 4 s.1051 F- A i 0 5 ” Sale
R e g iste re d .................1951 F - A
Cairo Bridge gold 4 s.. I960 J - I )
Registered ........ .....1 0 5 0 J -I>
Middle Div rag 5 s....... 1921 F- A
Chic 8 t L A N O g 5 s .. 1001 J - D 122 124
R e g iste re d .................1951 J - l )
Mem Div 1st g I s . .. .1051 J - 1>
R egistered..............1051 J - I )
Bellev A Car 1st 0 s .... 1023 J - D 1 1 0 % .......
81 L Sou 1st gu g 4 s ... 193 M90 .......
Carb A S 1st g 4 s.........1932 >1-8 00 .......
Ind B lA W . See C C C A St 1.
Ind Dee A W 1st g 5 b. ... 1935 J - J 1 0 0 % .
Ind ill A U 1st gold 4 s .. 1930 J - I >
88% .
1st ext gold 5»........... 1948 >1-8
lilt A Gfc No 1st gold 08.1919 M-N 118 122%
89
90
2d gold 5 a,..................... 1900 M -S
3d gold is ....................... 1921 M -S ......... 58
Iowa C entral 1st gold 5s. 1088 J - D 101% Sale
Iowa Midland. See Ch A N W.
J f efferaon UIL See Erie.
t
H
I
& IA A G R . See L S & M S .
an A Mloli. Sec Tot A O 0,
K 0 A M RAH 1st.gu g 5s. 1929 A -O
K C P A G l i t A eol g 5s. 1923 A -O
Kan 0 A Pac. Set M K A T.
Kansas Mid. Set S t L A 3 K
Kansas Pac. Set Union Pao
Kentucky Cent. See L A N.
Keok A Des M. See 0 R I A P.
Kings Co El ser A 1st g 5a ‘25 J - J
Ful El lat gu g 5b ser A .’29 >1-8
Knoxville A Ohio. See 80 Ry.
ake Erie A W U t g 5s. 1937 J - . 1
2d gold 5a...................1941 J - J
N orth Ohio 1st gu 5 a .. 1945 A -O
Lake Shore A Mich South—
Det Mon A Tol 1st 7a. 1000 F -A
Lake Shoredlvld 7 s ... 1890 A -O
Conaol 1st 7a............ 1900 J - J
R egistered .............1000
Consol 2d 7 a ........ ...1 0 0 8 . ? : «
R egistered. . . . . . . . . 190S J - I )
Gold 8% s..................1907 J - I )
R egistered..............1007 J - l )
ClbASp U tguL S A M S7ft 01 A -O
K A AG R 1st guo5a. 1038 J - J
M ahon Cool R R l it t s.'84 J - J
Lob Val (P a) coll g 5s .190' Jl-N
R e g iste re d ................. .1997 >1-N
L eh V N Y U tg u g !%«.. 194 0 J - J
'
R eg iste re d .................... 1040 J - J
Loll V T er Ry la tg u g 5s19 4 1 A- O
Registered .................. .1041 A -O
L V Coal Co l i t gu g 5 s.. 1033 J - J
R egistered..................... 1933 J - J
Leh A N Y 1st gu g 4». ..1045 M- S
R egistered.................... 194 5 M -S
El C A N 1st g 1at pf 0ft. 1914 A -O
Gold guar 5a.............1914 A - O
Leh A Wllkesb, Set C ent N J.
Leroy A Uunoy Val. See Mo P.
Lex Av A P F. See Met S t Ry,
Llteh Car A W l at g 0 s .. 1010 J • J
Little UA.Mem U t g 5a 1937 J
Trust Co cert.fa................... )
Long Dock. Set Erie,
Long Island—
U t eon g 5s....................1931 Q-JS
General gold 4s...........1938 J - I)
Kerry 1st gold 4% ».. .. 1922 .H-H
Gold IS........................... 1032 .1 - 1)
D ebenture gold 5s.......JUJU j - n
N Y A R B 1st g 5 b. . .. 1927 M
2d lnoomo..........
1927 S e n
N Y U A M B con g 5 a .. 1035 A- O
Bklyn A Mou 1st g 0s. 1911 ill
l8 t 5ft...........................1011 >1-8
Bid.
71
100
Conaol 5» 1916 S n S. Y. Ex.
Income 5 k .......................
00
D enver Cofiftolldftted G i*
Fort V fh rn t (Ind)—Sto k 77
$»t rtn 1M26...............L tJ
80
Grand Raptdft—S io ck . . . . .
75
U t Oa 1015............FA A } 08
H artford (Ct) Gas L . . .85 t 42
59
U t ft» 1908 . . . . . . MAN!
W eek's
H anye or | |
L a s t Sale.
Low .
06
118
86%
R angt
‘ro m
A a n . 1*
H ig h . Yo- Low . H ig h
Nov’97
112 118
J ’ne’08
82
86%,
May’98
77% 78
77% Feb. *08
114% J’ne’08
93%
98%
00
91
,10
85
83
117
95
93%
105 M ar’08
73%
75% 145
50 May’98
02
103
83
88%
92
Aug‘9’
Feb ’9'
10
00%
115 M ar’08
108% J ‘ne’98
105 M ar’Hr102% A pr.’O
H
B8% 92%
88
100% May’98
100
109
103 Apr. *08
100% 101% 33 07%
101
101 Mar *0
t>
99 Sop.’97
105
102
108
102%
101
105
120
120
118% A p r’O’
103% J a n .’98
90
00%
113 % 115
108% 108%
105 105
101 102%
115% 128%
103% 108%
Nov’0'
J a n .’tm
102*4
97
86
104
88
118 J ’n e’98
88
88
57%
57%
101
102
116
78
44
97
123%
90
60*
108%
68f3i
65
81%
48
M ar’98
40
36
[5 0 *
L38
110
May’98
102
J ’ue 08
115
95
100
117%
104%
102
90
104%
107
112%
10254
80
K
L
t Bonds duo AuggaL
at foot of
P r ic e
F r id a y ,
J u ly I,
!M
N .Y . S T O C K E X C H A N G E ) ^ Z
W e e k E n d in g J u l y 1. *5^
[V0L. LXVII.
t Bonds duo April.
08'>£ Sale
49
35
1 1 3 % ...
........ 102% 104 % J ’ne’98
, 128
121 A pr.’98
106% Fob.’OS
....... 109 M ay‘98
....... 105% 105%
1K’% ....... 115% 115%
115**...... U5W J ’ne’08
10456 Sole lOJlifi 104%
108 M a r’98
108% D eo’OI
105
105
125 * Deo*’91
102% Sale
102%
109
107 Apr.’OS
1 09% J’ly ‘07
92% Mar ’08
103
92
Feb.’98
101
”02% *02%
“02“ ”02*'
8ep.‘9r
.120% 119% 119%
90 J ’no‘98
86% A pr.’Hh
100
117 120
85 V 00
<
86% 00
M ay’07
•Mt
"M
*107% Doo’97
I Bonds due January.
i Bends due J uly.
7 co xs u ci mv H PAGES).— G A S S E C U R IT IE S , J o
Auk,
78
10S>4
(in * H fiO n rltlfB .
Bid, Ask.
Indianapolis Gas—S tock. 115 125
1st 6s 1220. . . . . . . . MAN 104 106
List.
95
Laclede Gas—N Y Stock ICxeh.
Lafayette (Ind) Gas—Stk
77
1st 6s 1094............MAN
8”%
58
Ijoganapt A Wab Val—Stk
72«
Louisville Gas L ig h t.......
Madison (VVt») Gaft—Stoic 56
1st 0s 10-1-............ AAO {100
80
01
79
100
45
63
7ft ! Mlnn^Gn" 6« 1010
M id 4103
80
00
62
75
90
50
102%
ioft
G n s H fton rltles,
Now Orleans Gas Light..
Ohio A Indiana—Stock...
Ut rts 1926 ............JAI)
Peoples Gas A Coke—N Y
Philadelphia Co. . . . . . . .50
Pittsburg G ob.. . . . . . tv. ,50
Now O s ,..,,..,..............
Portland (Me) G a sL...60
St Joseph (Mo)............
5k 1087..................j a j
St Paul Gas—Stock.........
Consol 5s 194 4 ....M A S
8And Infftreut tP rW
105% 110%
53
56
72%
70
Stock Ex eh
t .........
1185
105 106
90
I 85
87
83
85
00
42
37
76
79
ear « » nr*.
>
Ju y 2 1 9 ]
l , 88
THil CHRONICLE.— BOND
BONDS
I3?
W.Y. STO C K E X C H A N G E
W e e k E nding J u l y 1 .
**
Price
F rid a y,
J u ly 1.
B id.
W eeks
R ange or
L a st Sale.
$3
Range
fr o m
Ja n . 1.
A 8k. Low. High. No. Low.High.
PKICES (5 pages)
BON DS.
N .Y . S T O C K E X C H A N G E
W e e k . E n d in g J u l y 1.
P age
Price
F riday,
J u ly I.
Bid.
3.
19
H .
i
Week's
Range or "1 ©
L a st Sale. P <
q
A 8k.
Low. High. No.
Long Island (Con.)
vlorgan’BLa & T. See S P Co.
Nor Sh b Istcon g g u 5 s..’82
Morris A Essex. See Del LAW
t-° J
N Y Bay Ex R lat gu g 53*43
ash Chat A St L 1st 7s.’ 13 J - J *........132% 131% May’98
Moutauk Ex gu g 53... 1945 J - J
2d 6h.......................1901 ' J
1115m Nov’97
La A Mo Riv. See Chi & Alt,
1st con gold 5s............ 1028 A -O 102 8ale tOU
102% 25
L E A St L Con eng 5a. 1939. )
1st 0s T A P b ............. 1917 - J
33% J ’ne’QS
32
36
Tr Co certs....................... )
1st 6s MoM M W A A 1.1917 - J
9)4 Aug'97
General gold 4s........... 1943 .11-8
1st gold 0s Jasper Bch.1923 - J
(106 Nov’97
Lou A Nash—Cecel Br 731907 11-8 106
Nash Flor A Shef. See L A N
1124)4 May’98
120% 124% New H AD . See N Y N U A U
N O A M 1st g 6s......... 1930 J - J
107 J ’ne’98
2d gold 6s..................1930 J - J 103
107 107% N J June RR. See N Y Cent.
113 117
E H A Nash 1 stg 6s... 1919 J - D 113 115% 113% 113:
N J Southern. See Cent N J.
118 118 J ’ne’ ll
General gold 6s............ 1930 J - D
116%120% New A Cln Bdge. See Penn Co
103)4 Sep.'97
Pensacola div gold 6s. 1920 11-8
NO A N E prior lien g 6s. 1915 A-O 7
121 J 'ly ’97
S tL d lv 1st g 6s.......... 1921 I I - 8
N Y B A Man Bch. See L 1.
2d gold 3a..................1980 1 1 -S
N Y Bay Exten RR. See L L
.
10 105 105
J - J 105 Sale 105
105
Nash A Dec* 1st 7s....... 1900
N Y Cent A Hud R—
Blnkfd (SAA) g 6«....1910 A -O
1st 7s............................1903 J - J 115% Salo 115% 115%
10C% J ’ne'98
S A N A congu g 5a--- 1936 F -A
94 101
Registered............... 1903
J 1 1 5 % ...... 115% 115^
103 May’98
100% 104%
Gold 5s.........................1937 1I-.N 102
Debenture 5sof. 1884-1904 M -S
110% llo %
88 Sale
88
90% 34 83
Unified g 4s..................1940 J - J
Registered — 1884-1904 M -S 1 1 0 $ ....... 109% May’98
°°
91%
Registered................ 1940 J - J
Reg deb 5s of .. . 1889-1904 - 8 110% ....... 109% Sep.’97
105
105
Pens A Atl 1st gu g 6s. 1921 |F- A ♦ 103
96% 109
Debenture g 4 s ..1800-1905 J - D 104% ...... 104% 104%
Coll trust g 5s..............1931 M-N 102 105 103 J'ne'98
101%108%
Registered...... 1890-1905 J - D 10 4% ...... 104% Feb.'9*
1108 May'98
LANA MAM 1st g 4%s. 1945 M- 8
108 108
Debt certs e x tg 4 s .... 1905 M-N 10 4% ...... 104% 104%
9 4 % ........ 94
94
N Fla A S 1st gu g 5s ..1937
A
87% 95
Registered.................1905 M-N 104% 105 104% 104%
83
...... 85 Apr.’98
Kentucky Cent g 4s.. .1987 J - J
85
91
G 3%s .......................... 1997 J - J 1047%....... 107
107
L Cln A Lex g 4% s....l9 3 1 M-N ....... 113% 103 Jan.'98
103 103
Registered.................1997 J - J
L A Jeff Bge Co gu g 4s.l945|M -S
Lake Shore col g 3%s. 1998 F - A
94
95
94%
95
L N A A C . See C 1 A L .
Mich Cent coll g 3%s.. 1998
A 92% Sale
91%
92?
Louis Ry Co Istcon g 5s. 1930 J - J 110 ........ 1100 Mar’98
108 109
Harlem 1st 7s..............1900 M-N 107% ..... 107% J’ne'9;
ahon Coal. See L 8 A M 8.
Registered................1900 M-N 107 ...... 107% J’ne’98
95% 15 1 90
anhattan Ry con 4s. 1990 A - O 94% 95% 94%
98% N J June It gu 1st 4s .1980 F -A ........109
103 May’97
Metropol El 1st g 6s... 1908;J - J 110 117 119 J ’ne'98
114% 119%
Registered................1986 F -A
2d 6s..........................1899 M-N 102 % ....... 102 % 102 %
;101 105
West Shore 1st 4a gu .2361 J -J 108% Sale 108
110%
i f an 8 W Colonls g 5s... 1934 J - D
Registered................2381 J -J 107 Sale 106% 107%
Market 8t C Ry 1st g 6s. 1913, J - J
Beech Crk 1st gu g 4s. 1930 J - J
108% Nov’97
MoK’pt A B V. See P MoKAY.
Registered................1930
J
100 J’ne’98
Metropolitan El. See Man Ry.
2d gu gold 5s............ 1930 J - J
Met 8t Ry gen c tr g 5a.. 1997 F- A 114 Sale 113% 114
108%116)
Registered................ 1930 J - J
120 119% 119%
Bw ayA7tnAvlstcg5a.l943 J - D
114% 122)
Clearfield Bltum Coal Corp
Registered............... 1943 J - D
l s t s f intgu g 4sser A .'40 J - J
80 Nov’97
120% J ’ne’98
Col A 9th A t 1st gug 5s. 1993 M- *4
116*’ 123%
Small bonds series B ..’40 J - J
Registered............... 1993 M -8
D
Gouv A Oswe 1st gu g 5s.’42
3 117 128%
Lex A t 4 P F ls tg u g 5s.’$3 M- S 120 Sale 120
120
It W AOgoon ls te x t5 s .’22 A-O*
121% J ’ne’98
Registered.......................M- S
Nor A Mont 1st gu g 5s.’ 10 A -O
Mex Cen i con gold 4s... 1911 J - J
63 Apr.’98
It W A O T R lstgu g 5s. 18 M-N
63*‘ *80%
1st con Income g 3 s... 1939 J’lyt
Os we A It 2d gu g 5 s.. 1915 F-A 5
2d con income g 3 s....1939 J’lft
Utica A Blk Rlv gu g 4s.’22 J - J
107% J’ne’97
Equip A coll g 5s........ 1917 A - O
Moh A Mai 1st gu g 4s. 1991
8
Mex Internat 1st con g 4s.’77,M- 8 75% Sale
74%
75% 75 70% 70
Cart A Ad 1st gu g 4s. 1981 J - D
Mex Nat 1st gold 6s...... 1927 J - D
N Y A Put 1st congu g 4s.’93 A -O
2d Inc 6s A Cp stmpd. 1917 M-St
N Y A North ls tg 5s.. 1927 A-O
123 J’ne’98
2d income gold 6s B .. 1917 An.t
13 J’ly '07
N Y Chic A St L ls tg 4s. 1937 A- O ♦ 105 *........ 104% 105%
97
Mex North 1st gold 0a. .1910 J - D
Registered...................1937 A -O
97 F eb’07
104 Apr.’98
Registered................. 1910 J - D ........
N Y A Greenw Lake. See Erie
Mich Cent—1st con 7s.. 1902 M-N 110%
112 J’no’08
110 115% N Y A liar. See N Y C A Hud.
Istcon 5s....................1902 U-N ........
10 2% 10 0% N Y Lack A W. See I) L A V
102% May'98
V
6s................................. 1909 M-JS ........
122 Feb.’O . . . - 1 2 2 123
H
N Y L E 4 W . See Erie.
121% J'ne'98 ....1 1 2 1 127
6s................................. 1931 M -8
N Y A Man Boh. See Long Is.
Registered..............1931 O-M
125% Jan.'98 ....j il 25% 125% N Y A N E. See N Y N H A H
4s.................................1940 J - J
104% Oct.’97
106 Feb.'98 .... 106 106
N Y N H A Hart lstre g 4 s.’03 J - D
Registered.............. 1940 J - J
................ 108 Jan.*98 . . . . 108 108
, 160 157% J ’ne’98
Convert dob certs $1,000 .. A -O
Bat C A Star 1st gu g 8s'8W J - D .................
153 J’ne’98
Small certfs $100...........
Mid of N J. See S Y Sus A W
125% F eb’97
nousatonlc It con g 5s. 1937 M-N
MU El^c Ry A Light consol
N U A Derby con o s... 1918 M-N
80-yrg 6 s ................... 1926 F - A ..................
N Y A N E 1st 7s........1905 J - J
119 Feb.’98
M L 8 A W. See Chic A N W
114 May’07
1st 0s........................ 1005 J - J
N Y A North. See N Y O A H
MU A Mad. See Chic A N W
106% 17
MU A North. See Ch M A 8t 1*
N Y O A W con 1st g 5s. 1939 J - D 106% Sale 100
90% 100
Refunding ls t g 4 s .... 1992 M—1 100 Sale
Mil A St P. See Ch M A St P
8
1
Regis $5,000 only... 1992 M-SU ‘......... 90%
Min A 8t L gu. See B C R A N
Minn A St L— ls t g 7 s . . 1927 J - D ........ 146
................... N Y A Put. See N Y C A U.
1143 J ’ly ’97
■ 1st cons gold 5s..........1934 M-N 107% Sale 1107
5 100% 108% IN Y A It B. See Long ltd.
107%
■ Iowa ex 1st gold 7s. ..1909 J - D |* ..,... 127 1127 Nov'97
.................. N Y S A W . See Erie.
“ South West ex 1st g 7s.'10 J - D
....................... .. ..................IN Y Tex AM . See So Pao Co.
Pacific ex 1st wold 6a. 1921 A -O
125 121% Aug’07 .... .................. North Illinois. SeeChlANW.
A P 1st 5s st 4* Int gu.,'36 J - J ' 97
..................... ...
I.................. North Ohio. See L Erie AW.
97
M 88MAA 1st g 4s Int g u .’26 J - J
..................... .... .................. Northern Pacific—
115 110% 115 J ’ne’98
.............................. .................. , Gen 1st RR A L G s f g0s.’21 J
MHtPAS3Mcong4slntgu'38 J - J
Minn St Ry 1st con g 5s. 1910, J - J
..................... I .... i..................
Registered................1921 .1 - J 1 1 5 % ......... 110 J ’ne’98
j 8t P A N P g e n g 0S...1023 F -A 125 ......... 124 J’ne’98
Minn Un. See 8t P M A M.
127
Registered c tfs.. . . . . 1923 0 - F 124 ......... 127
Mo Kan A Tex— Istg4g.l990 J -Dl 90 Sale
90 273 | 82% 91%
88
Prior lien r A 1 g g 4s. .1097
97% Sale
03
64
67%
2d gold 4s................... 1000 K-As
07%
98%
02%
03%; 40 I 57
03% May'98
Registered.................1997 ! - J
1st exten gold 5s........194 4 M-N
88
83% 83%
83% Jan.’9s
62%
M K A T o fT 1st gug 5s ’42 M- S 32% .
85% j General lien g 3a........2047 I-Ft
82%
88% 33 i 80
62% 62
73
Registered ...............2047
78 J’ne’98 .... 71
K C A Pac ls t g 4 s .... 1090 K- A
75%
118% 118%
84% INor Pao Ter Co 1st g 0s. 1933 It] U 3 % .
Dal A Wa lstg u g 6s. 1940,M-N
80 Muy’06 .... 75
|Nor Ry Cal. See Cent Pao.
Boonev BdgCogug 7 s ..*06 U-N
INor Wls. See C St P M A O.
Tebo A Neosho lat 7s. 1903 J - D
102
90% 09
Mo K A E 1st gu g 5 s... 1942 A - O 99
99%' 5 i 03% 99% iNor A South 1st g 5 s.... 1941 M-N 102 .... 102
Mo Pao—1st con g 0s. ..1920 M-N 102% Sale 101% 102%: 237 i 93 102% Nor A West gen g 0s.... 1931 M-N 122% 124 120% J’ne’98
118 M ar’9*
108% J’i)e’08| .... 1103% 110 | Now River 1st g 0s....1932 A-O
3d 7s............................1906 M- N *109
117 Feb.’96
Trust g 5s...................1917 M-St •
78 J ’n e ’98 . . . .
65% 79% i lraprvmt A ext g 0S...1934 F -A
101 Feb ’9
1 C C A T 1st gu g 5s.... 1922 J
Registered..............1917 M-St
88
87
8 1 % ........
Sclo VAN E lstgu g4s.l 989 M-N
73%i 13 ; 00 73%
1st coll gold 5s...........1920 F- A *
72
82%
81% Sale
81
N A W Ry 1st con g 4s. 1990 A-O
R egistered............... 1996 A- O
4 ioo io«
F- A 102% 105% 103% 108%
4 105%109
Sm all........................ 1900 A- O
J - J 106 107% 100
100
Nor A Mont. See N.Y.Cent..
M -e
g A L Ch 1st con 0s.. 1920 A -O
j- j
Income................. .1920 A -O
H
St.1.4 I Mt 1 ste xtg 4%s.’ 47 F-Al *106 ........ 108 May’O . j 107% iio%
Income sm all.................- A -O
102% 106%
2d ext g 6s...............1047 M-N
........ 106% 100%
102 108
O lnd A W. See C C C A St L.
100 J'ne’98
Ark Branch ext g 5s. 1935 J - D
Ohio A Miss. See BAO SW.
05
05% 817
A -O
95% Sale
Ohio River Rlt ls t g 5s.. 1980 J - D 100% 104 102 Jan.’08
94 J ’no'08
A -O
General gold 5s...........1037 A -O
Miss Rlv Bdge. See Chic A Alt
83% J’ne)08
Ohio Southern 1st g 0s.. 192' J - D ........ 85
J-J
14% Feb.’9H
General gold 4s.......... 192 M-N
10 J’ne’98
Eng Tr Co certfs............
Income gold 4s........... 1945 j - j
80
86
Om A St L ls t g 4s........1901 J - J "70** ** * * 80
Small................................
118% 123
Ore A Cal. See So Pac Co.
120 J ’no'98
Mob A Ohio new gold 6s.. '27 j - b •i i s m
100 Mar’08
Oregon Imp Co 1st g 6s. 1910 j * r>
119 Dec’97
1st extension gold 6s 1927
114 J’ne’98
80%
Eng Trust Co ctfs of dep..
3 70
77%
78
General gold 4s.......... 11*3*
• 77
78
Stamped Int pd to Dec 1 ’97
Montgom Dlv 1 st g 5s 1947 F - A • 09% ........ 99%
09% 1ft 07% 99%
11*0** J ’ne’98
Ore Ry A Nav ls ts f g 08.1900 j - j
8t L A Cairo gu g *a . 1931 .1 - J
95
05%
..................
Ore Rlt A Nav con g 4s.. 1940 J - D
Mohawk A Mai. See N Y C A II
126% 126%
Ore Short Line 1st g 0a. 1022 F -A ♦120% .
Monongnhela Rlv. See B A Ol
121 J’ne’98
Utah A Nor 1st 7»....... 1908 J - J ♦118 .
Mont Cent. See 8t P M A M.|
102 May’07
Gold 5 s .................. 1920 J - J *100 .
Mont.au k Ext, See Long I
N
M
Range
fr o m
Jan. 1.
Low.HlpK.
128
131%
ioo
idb
118% 119%
113% 110
106 118
111%
100
102 ‘ 105"
104% 104%
100%105%
104 105
107 107
94
05
91% 92%
107% 100%
107%109%
10 2 % 110 %
101% 110
100
106
119% 128
128
100
104
126
107%
104
145
145
157%
153
119
119
100
90
109
102%
C
112
110 %
112
110
104
113%
102
120
118
117
105
125%
118
119%
124
124%
90%
93
57
120
127
98%
07%
08%
8 8 " *88"
74% 85
O
is r
VI
•» ., prim Friday. t h ..e aro latest bill and a .to I m l. . « *
OUTSIDE SE CU RIT IE S (G iv e n
t Bonds due Jan. * Bonds due July.
a t f o o t of
T e leg . A T e le p h .
Bid. 1Ask.
O wn S fc n r lr l- n .
Erie Tales & Telephone..
Syracuse Gas—Stock......
16% 17
Franklin.................
1st 5r 1046..............JAJ 86
69
Gold A Stock.........
Western G«s( Mllw)—Stck List.
Bonds.................
5s—See N Y Stock Exch,
Hudson River Telephone
T e le x . Ac T e le p h .
American Dlst Tele—NY Stock! Exch Internation Ocean.
Ame-iean Tel A Cab—NY Stock Exch Mexican Telegraph---Central A South a mar..
103% 101% Mexican Telephone.... 10
04 | Now Eng Telep—Bee Host
Chas A Polo Teleph—Hfk 66
Northwestern Telegraph.
Bond 5m......................... 103 100
N Y A N J Telephone....
Commercial Cable—N Y Sj tO'*k E xch
Commcr Union Tel (NT).' 11 * 1 10
A Bav State T e l.. i 71 I 70 U Pacific A At la nt ic . ■
Bid.
P8
40
113
00
74
108
190
•o:%
on list
110
149
110
73
Ask.
69
117
70
200
•00
150
1 1.2
78
I Bond, dna Juno.
102
102
80 . 84%
11
15
1
0
70
83
109 100%
100% 114
iii" lie"
89
118
121
97
127%
121
I Bond. Itt* Jufft * • » * ( * * • HW»
7 c o n s e c u t i v e p a g e s ) . — T E L . & E L E C T R IC , &c.
Bid. Ask.
T e le g . <fc T e le p h .
90
85
Southern A Atlantic........
West’n Union Teleg—N Y Stock Exch
E le c t r ic Com pnnlen.
Allegheny Co Light Co...
Brush Electric Co...........
Br’dgprt (Ct) El Lt Co.25
Consol Electric Storage..
Eddy Electric Mfg Co..25
Edison El Til Co NY—N Y
Edison El 111 Co Brk—N Y
Edison Ore Milling Co....
Edison Storage Co...........
E le c tric
C o m p an ies
Electro-Pneumatic..........
Fort Wayne Elec. C o ..25 t
Bid. Ask.
IX
2
ii<
4
General Electric Co—N Y Stock Exoh
130 140
■ ....
Do pref.—See Boston L 1st.
40
Hartford (Ct) Eleel.r Co. 122 180
87
t 82
11
Hartf’d(Ct) LI&I’OWC <25 t B
20
18
14
17%
Mo Edison Electric.........
+........ 13
45
43
Do preferred.................
Stock Exch
90
Stock Exch Narragau. (Prov)Kl Co.50 t 82
New Hav (Ct) Elec Lt Co 105
10
13
t Price per share.
22 925
THE C H R O N IC L E .—BOND PRICES (5 pages) Page 4.
20
os
so n
i 8
H .Y . STOCK. E X C H A N G E i C
W tK K E m il n u J u ly l .
Ore Sfc L M aun ic !
S ou'cu
kon-ca
(U t
NV C
Oi "<■, * Ho
O c t ' A St P.
a c C o ast O
PM .-'.1 M(U*».
P anam a
i
h
t
ileeA'1
* ^ * ;| t in n y t
! J ia n y e o r § o
fr o m
: L a * i S a le ^ ^
J a n . 1.
r* /tty
u /y f
Late. H iy h . »Yo
B id
; IO0U
Btilfl < 7»U
D iit
54
J ’ D 10&HIO3
0*101
F«Tiii*f1VMi)la
new
P«»o C ojtu 1s t g 4*6* -102 l
-m
...
ltn slsu iro il... . . . . . . . . 1 9 ^ 1
•t rt« , i W3" -V b*
IQ(4 3li*
I94U A -O i n
Sosr'si?# B g u a r .......... 1042 A- U • m
8«m»* C g u a r.......... 1942 M- N
D 4 » g o a r.... 1045 M- N
P itts Ctft A 8t L 1f t 7* 1VUM F- A .......
10OU F- A
R agisteivd .......... .
P iu * F t W A C 1st 7*. 1012 J - J |
3 d 7 # ....... . . . . . . . . . . . . 1V12 J - J *140
Sd 7*................. ......1 0 1 2 A-O* . . . . .
0 Bt L A P I »t con g 5*, 103*j P -O I
■
R e g iste re d ........... . . . l o a n | a - o :
ClCT A 1*RW H W lf 7 t . i W Ol'II- N 107
O
Gen gu 0 4*6»ser's A. 1042 J - J |
^e rie i B.......... .
1040 iA— j
0
Gr H I I e* !»t gug4^«.194 l J - J 1
A lU vb Val g en gu g 4*. 1942 M - b
N A C B J g e g e u iru g 4*4».'45 J - .1
ID
• No pr vM . rn»ay , tn*«ie
Bid. . . .
1 10 120
135*4 130H
100
12
18
83
85
« B.»t List,
100 n o
280
4117
90
»100
lo* t ,S a v F A V Ifttoon g 08.1934 A - O
7 4Vjj I lat g 5 b............. .............1934 A -O
J iu c e
L Y td a y ,
J u ly 1.
Bid.
lYrtf/.' a
lia n y e o r
"5 :
J
^ ^
La*> Sale. ^ '<
A*k, i Low . ffit/h .lM o
I04*f O ct.'97 . .. .
rnl
! Scioto V A N E. Srr-Nor A W I
^eiib A Koa 1st 5 s...........1920jJ - J *103*$ .
104W Feb.*98 . . . J
Sea a B Bilge. See UUlyn 121.1
•Sod Buy A So le t g 5 a . . .1934 J - J
lOSVjj 103
So Cur A (la 1at g 5 s ., ..1919 31-N 94
04*6 94*4
94 *
4
Southern P a d lie Co—
Gal Bar A S A lat g 0h 1910 F - A
.
107 J a n .'08
2d g 7»......................1 9 0 5 J - l ) T02 105 105*6 May’9SI
U3W H S U 1 '
M «i A Pac dlv 1st g 5s.’31 M -N
03*»
HI**
94 W Sale
!i 18*4 O oc’v r
Hou» A T O 1st W A N 7a.'03 J - J 125 .......
1st g 5 b Int g td ,....... 1937 J - J
110*6 May’08
Con g 0 b Int g t d ....... 1912 A -O 110 Sale 109** n o
109U 113 1
110*6 J ‘n e’98
Gen g 4s int g td ....... 1921 A -O ‘ 81
3i 108 113 j
hi
Hit*
III
111
M organ’s L a A T ls tg 0 s .‘2O J - J
120*6 Feb.’o.*'
.... ...... ......
la t 7b.............
1918 A -O
127 Apr.'9H
108 O ct,‘97 . . . .
N Y T A M exgn la tg 4 s .*12 A - O
10044 153
103 J ‘tie‘98
*75” Jan.’ SK
Ore A Col le t gtd g 5 b. 1927 J - J
::::
S A A A P hbs lat g u g 4 s .*43 J - J
65 Bale
04*6
08W
May‘98 ... ! 140 U0*4
Tex A N O 1s t 7 s .. . . . . 1905 F- A
110 M ar’On
140 140
140 Mny’98
Sabine div l e t g 0» .. 1912 M- 8
100*4 Nov'07
Con g 5a ..... ...............1943 J - J
98W
0894
i V iji Apr*97
8o P o f A rgu 1st g 6 h.’0»-10 J - J | 106*4 Sale 105*4 109*4
S P o f Cat l s t g 6 b. ' 05-12 A -O
U 1094 May'OH
107” M ay’98
1st con guar g Be.. 1987 M -N 96*4 Sale
0794
9H*4
A A N W 1st gu g 5s. 194 I J - J
82 Bale
82
84*6
S P Coast 1st gu g 4s.. 1937 J - J
S Pac of N Mex le t g fis .’l I J - J 109 ....... n o
102 N ov‘97
South Ry—la t con g 5 s.. 1994 J - J
93*4 8ale
93
95W
R eg iste re d ................. 1994 J - J
108 M ay’97
E T en reor lien g 4-58.1938 I>l-S
100 Feb.’W
*
R egistered . . . . ......... 1938 M -S
A la Con R l s t g 0e_ 1918 J - J
_
112*4 Aug’97
Atl A Ch A ir Line Inc. 1900 A -O
Col A G reenv 1st 5-68.1916 J - J
119 Dec '9'
E T Va A Ga 1 s t 7 e ...,1 9 0 0 J - J •10794 109 108 J'ne’08
D ivisional g 5 s..........1930 J - J 11 2*6...... 115
115
115*4115*4
115*4 F e b .’9S
Con le t g 5 s............... 1950 M-N •109 ....... n o
110
Ga Pac Ry 1at g 6 -0 b 1922 J - J
122 J*ne'9H
Knox A Ohio 1st g 0a .1925 J - J 114
117 J ’ne’98
95 100*4
98 M ay’08
Rich A Dan con g 6 b. .1915 J - J 120 123 125*4 JTie‘98
96
90
U0
90
Equip sink fund g 5s. 1909 M -S
10! Nov'0"
15
18*4
18*4 J ’n e ’98
105
Deb 5s stam ped....... 1927 A -O
06 J ’ne’ 98
, 107*6 107*4 107*4
V irginia Mid gen 5 a ... 1936 M -N
120 120
120 Mny’98
107H 107 J'ne’98
Gtd stam ped...........1930 M -N
80*4 80*4
85*4 51ny’98
W O A W 1st cy gn 4s. 1924 F -A
84 Aug’9'
137 Nov’97
W est N C 1st con g 08.1914 J - J
113 May’98
S A N Ala. See L A N.
Spok A Palouse. See N or Pac.
S ta tls l Ry la t gu g 4*4a.l943 J - D
Snnb A Lew lstn la t g 48.1030 J - J
Syra Bing A N Y. See DLAW.
r | 'e r A of St L 1st g 4*4b .’39 A -O
109 May’98
X 1st con gold 5 s.l894-l 944 F - A *108*4 •
.
9'
108*6 J ’n e’98
St L M Bge T er gu g 5s. 19 30 A -O
i c a o c t. 'm
T erre H a u te Elec Ry g 6 s ,’14 Q -J i
Tex A N O. See So Pac Co.
TexA P Ry E d iv l8 tg6a,1906 M -S
110*6 J ’n e ’98
106
106*4 51 104 109
1
1st gold 5 a . , . . .............. 2000 J - D 10596 Sale 1Of % IU0
98 JTy ’97
40% Sale
87
89*4 120 70*4 89*4 2d gold Ino. 5a, D e c ...2000 Mcb,
3 %
41 282.
Third Av 1st gold 5 s .... 1937 J - J 1 2 0 .... 12^*4 J ’n e ’98
89
40
39 J*ne'98
Tol A O C l s t g 5a.......... 1935 J - J 102 104 105 J ’n e ‘08
VVeBt’n div 1st g 5 s__ 1935 A -O 100 ....... 108*6 Jan. ‘98
84H
86& 268 T7U 87*4
General gold 5 b............1935 J - D
Kan A M la t gu g 4 b. ..1990 A -O
78 J ’n e’98
72 May’9 b
Tol Peo A W 1st gold 4 s. 1917 .1 - J
85%
80
. 80
T S t L A K C l s t g 0s tr.1916 J - D
78*4 90
87*^
8954
. 100
100 J ’ne’98
9 1 ,Tne‘9H
91
94W I r lste r A Del 1st e g 5s. 1928 J - D
AJ m on Elev. See Bklyn Elev
54
6~
66 J 'n e ’98
Un El (Cblc) 1st g 5 s .... 1945 A -O
90W Sale
Un Pac—RR A 1 g g 4&. 1947 J - J
9m
9894 157
R egistered..................... 1947 J - J
50
T r Go ct/8 g 4*4s..........1918 M-N
68M 80&
47M
47%
78*4
?9K
114 Sep.’y
Kansas Pacific 1st 0a. ,1896 J - D
C B IJn P fd cou g 7s. .1895 M-N
62
02*4 Bale
63
U P DAG 1st c g 5 strro .* 3 9
Uni N J RR AC Co. See P a HR
Utah A North. See Ore S L.
Utica A Black R. Sc«NY Cent
\ [ e r Val lnd A W. See Mo P.
11 1 110*4 1 Irglma Mid. See South Ry.
111 M ay’98
111*4 110*4
ab RR Co l s t g 5 s.. 1939 M -N 110% Sale 10094 110*6
I 1354 .T’n e ’98
2d gold 5a............. 1939 F - A
113 116*4
85*6
8M
94
86*4 87
114 J ’n e ’98
Debent ure aeries A .. . . 1939 J - J
26
28
114 120*4
Series B.................,...1 9 3 9 J - J
120*4 120^
2794
2794
lat g 5s n e t A Ch E x t, .1941 J - J 102*6 Sale 102*6 10**1*
106
1O0W
98*4 *03^
92*4 100
n o J ’n e’98
StC bas Bridge l s t g 6s. 1908 A - O
100
100
W arren RIL See Del L A W
105 O ct.’97
W ash OA W. See Southern
79R W est N Y A Pa—ls tg 5 s . 1937 J - J 107*4 Sal© 107*4 110
69
*78*4 "79
Gen g 3 - 4 s . 1943 A - O 1
......... 55
96
95 J ’ne’98
90
52*6 J ‘u e’98
Incom e 5 s ....A p ril, 1943 Nov. 1
......... 15*6 15 J ‘n e’98 . . . .
77
70
West No Car. See South Ry.
75*4
76*4
25
29*4
80
S1«4 W estern Pac. See Cent Pac.
W Chic St 40-yr 1st cur 5 s .‘28 M -N
9U N o v ’0
40-year con g 5 s .. .......1930 M -N
99 D e c ‘9'
W est Shore. See N Y Cent.
115 117
117 M a r '9 8
105 109
W Va A Pitts. See B A O.
105
105
120 122*< W Ya Cent A P 1st g 0a. 1911 J - J
120 J ’n c’98
118*4 122
101*6 M a r ‘98
Wheeling A L E l s t g 5s. 1926 A -O 105*6 n o
12094 J ’ne’98
100 M a r ‘08
128 129
T rust Co certificates............
129 J 'n e ’98
Wheel Dlv 1st gold 5s. 1928 J - J
90 M ay’98
105*4 108*
Exten A Imp gold 5 s .. 1930 F - A
92*6 M a r ‘98
108 J 'n e ’98
82
100*4 M ar‘9K
Consol gold 4 r-------- .1992 J - J
93*4 100J< Wilkes A East, See N Y 8 A W
99*4
99*4
96
90
WU A Sioux F. See S t P M A M
90 Feb/0f>
122*4 122*4 Winona A St P. See 0 A N W
122*4 J a n .’A
M
34 N o v ’97
WIb Cent Co 1st t r g 5s .. 1087 J - J
131*4 J ’n e'9 8
I 18*4 132
115 Apr *97
41
4 294
Engraved tru s t certificates.
42*6 .
107 109*4
0*6 J a n .‘98
109*4 Mny’98
Income 5a......................1937 A-O*
6 2*
ti
bo
54
.
W
i*05>4 109”
MISCELLANEOUS BONDS.
dam s Ex—Col tr g 4 s .l9 4 8 M -S
98*6 Sale
m Cot Oil deb g b s ... 1900 (JU'F 100 .......
Am Dk A Imp 5s. SeeCen N J
85
Am Spirits Mfg l s t g 0s. 1915 M-N
Di
Vtlanta G L Co l s t g 5s. 1947
ar A 8 Car Co 1st g 0s. 1942 J - J
n« T On* f r rtfs s f g 5 b ’39 J - .7
’
A
H
98%
100*6
90%
J ’n e ’Oti
Ka aye
fr o m
J a n . 1,
Lotr.HxgK,
i104W 104W
107
too
90
107
105*4
06*4
107*4
105
7094
120*4
127
11694
no
82
120*4
127
”7 5 ” 7 5 '
55*6
00*6
100*4
10694
92*6
82
98M
109%
no
98%
87%
io5*6 i i o * i
87
90
100 %
108
112*6 115
107 11194
118 123
112 117*6
118 135%.
95
100
102
96
107
110*6116*6
100 110%,
105*6 100%,
109 110%,
96*6 100
28
41
117*4 124
102 105
103*6 108%
70
09
85*6
98
82*6
72*6
90
104
88*6 98%
44” *51**
48*6
53
104*6 110*6
74*6 8 0 S
21 ” ’ 29%
07 105*6
108*6 HO
103 110
47% 55
10
10
100*6 101*6
100 108
00
90
92*6 92%
83*
98*6 09%
102*6 low
85
04
90% j a n . ’fi«
00*4 91
l»4t«M bid and aaicGd thi» week. tBonda due June, t Bonds due July. I Bonds due March. 1 Bunds due Jan. I Bonds doe Hflfi
a
OUTSIDE SECU RITIES
JK lrm rlc (tf l'n im n l RboOe islHuu B tv ♦
f.
T oronto (f'jui 1 KIb< \ a Co
:
Tbom-Houf* Welding Co,
Unlt-ed Bleu 1.1A P Co pref
B ond*...............................
W Mating K
1-_**;AMfgf*o—Sr
WortOftOOkt* ( H I ) IRC0,
K e rry (> m p n n G » .
B’klyo A N Y Ferry-Stock
0*. 19f 1 ...........................
Hob- k« * F erry—
Stork
1»1 5s 1040............ MAN
J M . n
Vfl f, - n.
J?
Low . JJiyh
107 : 8*! V0
73$4|
6
58
P en n BK C o—i »i g 4 s .. . iW kajM-N’
Con *te r ling g 0s . . .,.1 0 0 5 J - J |
Con currency 0s re g ...l0 O 5 ,tJ-M t
C o n g 5a.................... ..1 0 1 0 M -S
R egistered.............. ...10 10 0 - 8
C o n g 4*...........................1943 M-N
Cl A Mar 1*1 gu g 4 U a 1035j M-N
UN J H K A Coiigeu 48.1044 .11-8
D H RHA Uge I *! gu 4* g,‘3H:F- A
F io ia o o la A At- Nrr I, A Nash,
Peo Dec A E ls tg flair rec.'2o J - J
06
B ran* Dlv l»t K rtstrrec.’SO M -S
20
24 c 5# t r roc 1ft p<L. 1920 M- K
Peo A E ase S u C C C A St 1.
Pao A Pek Un ls tg fls.,.1921 Q - F 121
85
2d g 4*6*............ Keb., 1021 M-N
Pine Creek reg g iu r d s . 1932 J - D
P it*.8Cln A S t L- See Penn Co.
P C C i S t L. See Penn Co.
P itta C ler A Tol letgO s.. 1922 A - O
P itta A Connellav. See B A O.
P itta F t W A Ch. See Penn Co.
P itta J n n c let g 6s ......... 1022 J - J
P itta A L Erie—2d g 5a . 1028 A*07
P itU M eK A Vo—la ig u 0 a .’32 J - .1
M n la r 8«.................19 8 4 J - J
McKee A B V Sat g 6*. 1918 J - J
, 90
P ltU P A F let # 5 ft...,, 1010 J - J
Sale
P itta 8b A L E U l g 5 a .. 1940 A -O
l i t consol gold 5a.......1943 J - J
87 Sale
P itta A W est 1st g 4 a ... 1017 J - J
40
Gold 5 s................1891-1941 M -N
P itta Y A Aah la tco u 5 s l0 2 7 .;M-N
84*6 8»le
1 3 ending Co gen g 4 a... 1097 J - J
XV R eg iste re d ............. 1997 J - J
Benaaeljo-r A Snr. See D A IE
Bleb A Dan. See South Ry.
87*6 Sale
B io G r W est lat g 4 s ...,1 0 3 9 ;J - J
Bio Gr J a n e 1st gu g 5s 103o .1 - D
Rio Gr So lat g 3-4p.......1040 J - J
Rocb A P itts. See B R A P.
Borne W at A Og. See N Y Cent
alt Lake C lat KsfOs/OS-lJ,
t JoAG 1 1st g 2-3 4 a ..l0 4 7 |j
78*6 Sale
B tL A A TH . See Illinois Cent.
6t L A Cal. See Mob A Ohio.
S t L A Iron M ount. See .V P.
I
Bt L Jack A Chi. Sr* Ch AA It.
8t L K C A N Ser W abash.
S tL M B r. See T HR A of 8tL
Bt Lonta A Nio Irunciaco—
2d gold 0* Class A . . . 190a M-TV • .......... 115*4
*d gold 0s CIk u B....... 190H M-N ............ 11 &H
2d gold 0* Class C........1908 M -N *11 3*6 114
lat g 6a Pierce C A 0..191 wF- A *.......... 114
General gold 0 a .. . . . . . . 1931 J - J M20J4
General gold 5*_ ....1 9 8 1 J - J j*106 100*^
_
la t trust g«dd 5a...........1 9 8 7 |A -0 ..................
P tS A Y B B d g lalg A g .lfilO A-<>j* 98 100
Mid 1st g 4» ., 1937 .1 - I> ’ 107 112
S tL A S F RB sr 4 9 9 0 J - J ! . . . . . . 77*^
Siinibir Dtv 1> g 3a... 1947 A- O
-:.
95
Bt L 8o. Sr* St L A A i H.
B t L 8 W la tg 4a bdcfs l989iM -N i 75>£ 70*«
2d g 4* Inc bond c i/ b 1 9 8 9 IJ-JC * 2 9 * 4 ..,,
Bt Paul City Cab. c g 5*. 1937 J - J .................
G uaranteed gold 5h...1 9 8 7 J - J : .................
Bt Paul A D uluth lat 5*1931 F -A 115 120
2d 5*. ........................... 1917 A -O 105*4*...
Bt Pan) M A M 2d 4 * ....1 9 0 9 A- O I 2<*4.........
D akota e r t g«»ld 0a_ 191n M- N | 120>4___
_
1*: eonaolgold da.......J9 9 8 |J -.1 *130 184
R«g»*lCTIHl ............ 19 i I J - J .................
Reduced to gold 4*4* 1983 .1 - .! M 0S*4 . . . .
KegMoered............1 9 8 3 J - .1 . . . . . . . . . .
Mom F at lat gold 4a, ,19371J - D *.........101
Registered......... .... 198‘ J - D
Minn Union la t a On... I92v J - J I
M ont C lat iru g 6 a ... 1937
Registered , ........... 193 3 : 5
1at guar gold 5 » .. . . . 198 J - J 1 107« .
Besriatererl . . . . . . . . . 198 J - J
K Minn Jaldlv latg5ft.lP 0 H a - O I09*< !
109
109
Uegmtered.................190 m A - O ............
U*i** N ot'97
Wlil k s K 1 «tg 5 .....J9 3 8 J -D H IM .
Registered ............. I 98 h J - D
f t P A Nor Pac. See Nor Par
0tPA8*xCity. Hu CHtP MAO
B A A A P. 3** 8 0 Pac. Co. |
§ F 4 v a it» • f •» "*• io iq ,|
innttf O d/97
&
B O N D S.
.N'.Y. ST O C K E X C H A N G E ) i g
W K E K E N U t.S O jD I.Y l. |
[Aoi.. LXVIL
91
IO0
(G
iv e n
at
fo o t
F e r r y tio n ip m ile w .
N J A N Y Kerry—»t4
.ick.
1st 5s 1048..............JAJ
N r A E R F e rry -s to c k .
Bond* 5s o f 1032..........
N Y A 8 B Trans A Ferry
Bonds, 5s, of 1900.......
1Otb A 23d 8ts F erry .......
1st m o n 5s 1919.. ,JAD
Union Kerry—Stock.........
1st 5« 1920............MAN
R n 1Ir o n d a .
Ato Col A P 1*t ft» r r co et*
W tC M V I ,* A*»r c >
rw
of
7
Bm
i
Ask.
109
00
4 90
25
} 90
70
4100
40*4
4100
102
71
93
30
95
75
50
fin
c o n s e c u t iv e
p a g e s ) .—
F E R R Y < R A IL R O A D S .
&
K i l l I r«m d«>.
Bid.
It 11II ron(In.
Ch&NW ist 7hMad »ja 11 «130
Atcd ^ Pike’s Peak lBt 0b un
Do Menominee e x t ’ 11 i 180
A tcTA 8 Fo gn fd 0s notes 101
ChlcATornnh l si 0s 1005 4109
Atl’taACh A irL 1 st7 s ‘07 117
Northw Un. 1st ?« 1917. 4132
0
AtlAP cts of dep gu 4s st’d
FretnElkAMoVal l«t*33 4130
93*4 94*4
B A O 3*6s, when Issued..
Do
unstamped 4129
Do 4s
*
*
8 fi>6 87*6
WJnAStP 1st e xi 7 b *IH 4130 142
Do pref
"
“
54*6
Ch A Bast III sink fd col tr 105
Burnt A NY A Ir Line—Com
41*6
Cln ASpgf 2d 7b gu C C CAI 103
Preferred—See N Y Sto ck Ex ch.
101
Jack LA Sag Iste x tS s’Ol 103
California Pacific lst.4*6s 9H
50
Kingston A Pemb IstM ..
Do
2d mort guar 95
55
LN A ACh 1st 0#CA I Dlv 113 117
Ob Mil A 3t. P Dub D iv‘20 4120
fifi
TV, WU V«»l
a . ’90
JAoH intur««i
♦ T*r1ei* per sh era.
4120
THE CHRONICLE.— BOND
J u l y 2 ,1 8 9 8 .]
F ries
F rid a y,
J u ly 1.
B O N O S.
H .Y . STO CK E X C H A N G E
WEEK EMDING JOLT 1
Bid.
A sk. Low. High. So
........ 115
B’klyn U Gas lstcon g 5s. .’45
92% Sale
Br’k’n W & V H 1st g 5s. 1945 F -A
V
ah Coal Min. Sm T C I A R .
G L & C Co. See P G A C Co.
Ohio Jc A St Yd col g 5s.. 1915 J - J 110 ........
Clearf Bit Coal. See N Y C * H
Col C A I 1st con g 6 s... 1900 F -A 100 ........
Col C A I Dev Co gu g 5 s . . 1909 .1 - J
Col Fuel Co gen gold 0s. 1019 >I-N
Col F & I Co gen s f g 5s. 19*8 F- A
Columbus Gas 1st g 5s. .1932-1 - J
Com Cable Co 1st g 4s.. .239? Q -J
Registered.................. 239? <J-J
Con Gas Co. See P G Jc C Co
e Bardel C A 1. See T C A I.
el & H Can. See RR bonds
Detroit City Gas g 5 s.... 1923 J - J 92% Sale
95%
Det Gas Co con l st g 5s.. 191 s F -A * 94
10
17
DetMAM Id gr 3%s8 A.19H 4 - 0
d El 111 1st conv g 5s. 1910 >1- S *110 ........
1st con g 5s............ 1995 .J - J 1 1 4 % ........
Ed El 111 B’klyn 1st g 5s. 1940 A- O
Registered........................... A -O
E r ie T & T c o ltr g s f5 s ... 192ft J - J
Eq Gas L N Y 1st con g 5s. .’32 >1-8
Eq G Jc Fuel. See P G Jc C Co.
en Elec Co deb g 5s. .1922 J - D 108 ........
r Riv Coal A C ls tg 6s..’ 10 A -O *........ 00
Gr Rap G L Co 1st g 5s. 1915 F -A
ack W reor 1st g 5s.. 192ft J - J
end B Co 1st s f g 0s. 1931 M- S
111 Steel Co deb 5s..........1910 J - J
Non-conv deben 5 s .... 1913 A - O
Iron Steamboat Co 0 s... 1901 J - J
Jeff A Clear C A I lstg 5 s 1920 J - D
2d g 5s......................... 192ft J - D
K C Mo Gas Co 1st g 5s. 1922 A -O ...................
Lac Gas* L Co of StL lstg 5s’ 19 Q- Ft 105 105%
Small bonds...................... [^u-F
Mad Sq Garden ls t g 5s. 1919 M-N
M e t T & T l s t s f g 5s.. .1918 M-N
Registered................... 1918 >I-N
Mich Pen Car Co 1st g 5 s.‘42 M- 8 85 ........
Mut Un Tel Co. See Wu Un.
Nat8tarcb MfgCo 1st g 0s’20! M-N 105 ........
Nwpt News S & D D 5 s.. 19901.J -.IS
N Y A N J Tel gen g 5 acy .’20l M-N
If Y A OntLand ls tg 0 s . 1 9lo! F - A
NoWestnTeleg. See VVest.Un.j
Peo Gas A C 1st gu g 0s. 19U4 M- N
'2 d gtd g 0s................... 1904 .1 - D
1st consol g 0s..............1943 A -O
Refunding g 5s............ 194? M-8 100 ........
Registered................ 194? M -S
Ch G-L A Oke 1at gu g 5*'37 I - J •108 ........
Con G Co of Ch 1 stgu g 5s’ 3ft .1 - I) *103 104%
Eq G A K Cb lstgug0s.'O 5 J - J 103 ........
Peoria Wat Co g 6 s.. 1889-19 M- N ..................
PI Valley Coal 1st a «*. mao M- N * 97 ........
C
D
E
G
H
Week's
■ e-e
R ange or
L a st Sale. :q cq
114%
92%
115
92%
109% F eb’97
98
May’9S
104
80
Jan.’98
May’ 98
101% Apr.’98
104 Feb.’98
92%
95%
91 J’ne’98
16% J’ne’«8
111 J ’ne’98
117% J’ne’9*
113% J’ne’97
98% Mar ’98
BONDS.
Low High
96
111
Aug’97
*
70
A p r’97
107
80
May’97
May’97
105
J ’ne’98 .... 100
102
J’ly ’07
85
J’ne’97
108
J ’ne’98
111
102
115
Nov’97
Mar’98
115
104
101
106
May’98
Apr.’98
May’98
OUTSID E S E C U R IT IE S (G iv e x
104
105%
P rice
S'S
Q-M
Q-Jt
Q-J +
Q- F
Q- F
Q- F
Q- F
J-J
a t foot of
6
Range
fro m
Jan. 1.
A sk. Low. High. No.
101
70
16
F eb’97
69%
1094
71
16%
82 May’98
88% J’ne’98
90
's i'
71
17
79
79
80
89
83 Jan.’* *
98
114J* J’ne’98
105% 105%,
105 105%
111
111
J’ne’98
M ar’98
105
111
111
111
101
...
83
83
U l% 1 1 0
105)* Feb.’98
105 Mar’98
95 .......
110 111
111!* Sale
1244$ 125%
124% 125%
112*$ 113**
112% 112%
101 %
21
Week's
Range or
Last Saie.
F rid a y ,
J u ly 1.
N . Y . STO CK E X C H A N G E
W e e k E nding J u l y 1.
U. S. GOV. SECURITIES.
U S 2s registered — Optional
U S 4s registered............ 1907
U S 4s coupon................ 1907
U S 4s registered............ 1925
U S 4s coupon................ 1925
U S 5s registered............1904
U S 5s coupon................ 1 904
U S 0s currency............. 1899
U S 4s registered certs
of indebt (Cherokee) 1899
5.
age
Mar’ 98
101
101
98 Apr.’98
110
110%
11U4 U 1%
124% J’ne’9»
12a
125
11C% May’98
111% J’ne’98
102% Apr.’98
102%104
Mch 101
STATE SECURITIES.
Alabama—Class A 4 to 5.1900 J - J 107
Small............................ .
Class B 5s.................... 1900 J - J 102 %.
Class C 4s.................. ..1900 J - J
83 .
105 108
Currency funding 4s... 1920 J - J
88
.
Dist of Columbia—S’OSs.l 924 F -A 116 .
Louisiana—New con 4s.. 1914 J - J
98 .
Small....................................
Missouri—Funding. ..1894-95 J - J
North Car—Consol 4s. ..1910 J - J
4 102 109
Small...............................
J-J
115 120
0s.................................. 1919 A - O 125 .......
So Carolina—4%a 20-40.1933 J - J 101 .......
90
91
Tenn—New settlem’t 3s. 1913 J - J
103 106%
Small.................................... J - J
101 100
Virginia fund debt 2-8s.l991 J - J
70
72
102 108
Registered........................... J - J
0s deferred bonds..............
Trnst receipts stamped__
t Bonds due J uly.
t Bonds due May.
§ Bonds due April.
109 May’98
108 Feb.’98
I 04% J ’ly ’97
100 Feb.’98
108% 109
108 108
115 J’ne’98
100 May'98
100% M ar’98
115
100
98
115
108
100%
101
101
Jan.’98
101
128
Feb.’98
*1*28" i " " ‘
92% J’ne’98
88 J ’ne’ vi8
71% J’ne’98
87
87
05
92%
88 71
4%
1 Bonds due January.
7 c o n s e c u t i v e p a g e s ) . — H R s., B A N K S , M ISC E L .
Bid Ask
ill Incel In neon*.
Fidelity A Dep | Bait). .50 140 145
Galveston Wharf— 1st 5s. 00 100
Genesee Fruit............ 100
30
German Am Real Est.100 SO
Glucose Sug Ref-Com.100 4N*
Preferred.................100 103 104
Goodyear Shoe M ach..25 274* 884*
Tenn C IA Ky con 0s 1901
90
Gorham Mfg Co-Coin. 100
Preferred.................100 111 113
Vloksb A Meridian Isl fts 108
Great Falls Ice............100 n o
ill ta ce llim e o u ". Fur.
125
Acker Merrall A Con. 100 08 101
llart ford Carpet Co ..100
Ueck-Jones-J MUl-Pf.100 85
Am Air Power of N i l O
ft 15
37
35
Amerlc’ n A re A Tool. 100 13), 27%
85
1st 0s 1922............MAS 83
Amer Bank Note Co...5ft t 4ft
Her’g-Hall-Mar-Com. 100
42
IX
4
American Brake Co . 100 80
Preferred.................100
0!
8
Amer Groc— 1st pref 100
9
Hoboken Laud A Imp’t.. 100
Amer Mait’g Co—Com—S re 8tk E x l’t
5 s .................................. j 105
Preferred —See Stuck E xch. li •t.
80
International Elevat.lOOi 75
Am Pnenraal Tool Co. 10
621*
International Navig..l00!
37
Amer Press Assoc’n .. 100 102 If 8
International Paper.. 1 on 84
American Screw........ 250 145 155
87
Preferred.................100 83
Bonds 6s........................ 104 100
Am Soda Foun—Com. 100
4
International Pulp... 100
8
3
1st preferred......... 100
Iron Steamboat..........100
45
56
2d preferred........... 100
60
0s 1901................... J&J
15
20
Amer Si eel W ire............
37
John B Stetson—Com. 100 45
89
Prel erred......................
O f* 22
Preferred.................100 100 110
22
JourucayA Burnham.100
American Surety........50 10ft 175
80
Am Typefo’rs—Stock. 100 37
Preferred.................100 70
40
Knickerbocker Ice.... 100 00
Amer Straw board.... 100
95 105
Bonds 5s........................
27%
Amer Wringer com ... 100 104
Lawyers* Surety........ 100 100 110
Lawyers’ Title Ins--- 100 150 100
P r e f ........ ..................... 114
Amer Grapbopbone--- 10 132% 135
Lori Ilard (P)—Pref. ..100 113 115)4
5
Preferred..................1ft 135 140
Madison Sq G—Stock. 100
40
Anderson (John) Tob. IftO 10
2d 0s 1919............MAN 25
15
Automatic Vending... 1ft 25
Maine S S...................... 5ft 45
Barney A Sm Car-Corn. 100
Merch A Miners 3 8.. 50 120
15
15
8
Preferred................100
Mucb’uica! Rub-Com.100
00
65
35
fts 1942 .................. 1A.1 97 100
Preferred.................100 25
Bergn A Eng Br—See Phi 1. list.
Mergentlialer Llnot—See Bosto n list
00
Preferred —See Phil, list
Meriden Britannia Co.. 25 55
8
11
Mich-Pen Car—Com.. 1 O
ft
111
Blackwell s Durb Tob. 25 t 15
Preferred —See N Y Stnc c Exc h.
88
Bliss Company—Com ..50 85 Too
1st 58 1942............MAS 84
97 103
Preferred ................50 100 1 13
Minneapolis Brew 1st 7s.
105
Mosier S afeC o..........100
Bond A Mort Guar .. 100 190 200
Motiongahela W ater...25 35
Boat A Montana 7* 1007
Nat Biscuit..................100 297% 30
Carter-Crume—Pref. 100 40
90
Celluloid Co. .............100
Preferred.................100
75
80
80
National Casket C o... 100 00
Cent America Tr'nslt. 100
%
25
National Saw—Pref.. 100
Cent Ftrew'rka—Com. 100
3
Preferred................ 100
80
32
National Surety........100 200 202
50
National Wall Paper. 100 46
Chateaugay OreA Ir0s '15 ........ 40
50
Ches A O Grain El—Inc..
10
17% N Y Loan A Imp........ 100
N Y Biscuit 0s 19 11.MAS 115 110
New Jer Zinc A Iron. .100 100
Chesebrough Mfg Co. 100 865 380
Clafiin (H B)-lst pref. 100 00
04
N Y Air Brake—See N Y S tock E xch.
td preferred...........100
Nicholson File Co........50
88
02
11
9
Nicaragua Construct. 100
Common—See NY Stock Exch.
Clark Mile End Thr’d.100 60 ........ Peck, Stow A W ilcox..25 18
Collin* Co...................100 118
Pegamoid (£1 shares).
Pennsylvania Salt Mfg.50 102 104
Comstock Tun— 1st Inc. .
2% 4
Peuu. Steel 5s 1917.MAN
Consol Id Car Heating. 100 83
87
12
Penn. Water—Com....50 ' 10
Consol Flrew'ka-Com.100
10
Phil A Wll Steamboat.50 132 140
Preferred................100
80
3
Pneumatic Gun Car’ge. 10
Con K u C 8m«lt * Kef.25
00
8
4
Pratt A Whitn—Com.. 100
Consol Rolling Stock 100 17
20
50
Preferred................ 100 45
Cramps’ «h A En Bldg. 100 73
70
Diamond Match Co. ..100 18ft 18r% Pro ter A Gambia.. . .100 245
Preferred................ 100 105
20c.
10
R.I. Perkins Horse 8h. 100
Eppens 8m A Wtem.. 1 00
75
55
Preferred................ 100
lastman Kodak Co. .10 0
05 100
Erie A Western Trans 60 70
Russell A Erwin........... 25
00
Safe! y Car Heat A Lt.100 00 ibo i
Eldelitv A Casualty. 1 0 ft 250
R a t 1rnndn.
N Y El deb 5s gu Man R y.
No Pacific Mo Div 1st fts.
Plttsb A Connellsv 1st 7s
Do con 0s gu by B A O
(5 p a g e s ) P
Bid.
15 109%115
Procter A Gamb 1st g 0s. .’40
10 92 100% St L Ter Cupples Station & j - j
Prop Co 1stg 4%s 5-20 yr’ 17 J - D
S Yuba Wat Co con g 6s. .’23 J - J
109%109% Sp Val Wat Works 1st 6s.’06 M- S
Stan Rope A T 1st g 6s.. 1946 F -A
69%
95 100%
Income g 5s................. 1946
........
Sun Ck Coal 1st g s f 0s.. 1912 J - D
100 104
Tenn Coal T Div 1us g 6s. 1917 A-O A
80
84
Birm Dir 1st con6s... 1917 J - J ........
Cah C M Co 1st gu g 6s..’22 J - D
101%105%
De Bar C A I Cogu g 0s.’ 10 F -A !!!!!!
104 104
U S Leath Co s f deb g0 s.’13 M-N
Vt Marble 1st s f 5s...... 1910 J - D
West Union deb 7s. .1875-00 M-N
Registered......... 1875-1900 M-N *105
273 89
95%
Debenture 7s.. . 1884-1900 M-N
90 103
Registered...... 1884-1900 M-N '105
'0% 17%
Col trust cur 5s.......... 1938 J - J 109
108 112%
Mut Un Tel 8 f ’d 0s... 1911 M-N
114% 119
Northwestern Tel 7 s ....’04 J - J
Westn Gas Co col tr g 5s...'33 M-N
Wh L E A P C Co 1st g 5s.’ 19 J - J
98% 98% Whitebrst F gen s f 0s.. 1908 J - D
104 J'ne’ 98
95% Jan.’V7
• No price Friday; these are latest bid and asked this week.
Bid. Ask.
05
105%
115
1US
Range
fro m
Ja n . 1.
PRICES
ill i "Cell mi*-on*.'
Sellwarzchild A Sulzb.lOU
Semet-Solvay deb 5s......
Simmons H’rdw-Com.100
Preferred................100
Singer Mfg Co........... 100
Standard Oil.............. 100
Standard 8pints..............
Preferred,......................
Stand Und’ rg’d Cable. 100
Sloss IAS 1st 0s 1917. FA A
Southern Cotton Oil . .50
Stat Isl HT 1st 0s’ 13AAO
2d 5s 1020.............. JAJ
Stillw-Bierce A Sm-V.100
Swift A Co................. 100
1st 08............................
Susq Coul 0s 19 11--- JAJ
Term Wareh—Stock. .100
Debenture 0s................
Ask.
55
103
M isce lla n e o u s,
Texas A Pacitlc Coal. 100
1st 6s 1908...........AAO
Title Guar A Trust... 100
Trenton Pott—Com.. 100
120
Preferred................ 100
420
Trow Directory-New. 100
441
Union Switch A Signal.50
20
94
Preferred..................50
Union Typewr—Com. 100
112
1st preferred.......... 100
2d preferred............100
95
U 8 Glass—Common.. 100
Preferred................ 100
70
80
U S Projectile Co....... 100
Wagner Palace Car... 100
95
109% West!ugh Air Brake...50
Willimantic Linen Co..25
Wool Exch’g e o f N Y.100
10
Wortb’t’n P’mp-Com.100
70
Preferred................ 100
70
Mech A Tra* 115
Mercantile .. 104
Merchants’ 145
Merch Exch. 1 10
Metropolis*.. 4 L0
Mt Morris*,
310
24 0 Mutual*. ...
Nassau*.... 150
195
New Amst.*.. 245
New York_ 235
New York Co. 800
4000 N Y Nat Ex..
Ninth........... 90
140
1500 19th Ward*..
North Amer. 130
Oriental* . . . . 140
Pacific*........ 180
Park............
200
Peoples’* ....
130
Pbem x........
280
Plaza*..........
Prod Exch* . 110
Republic — 145
Riverside*... 180
Seaboard.... 170
Second ........ 450
150
180 Seventh....... 10
Shoe A Le’th 102
160
S ix th ...........
Standard....
State* .........
State of NY*
Tradesmen’s
12th Ward*.
23d Ward*...
Union...... .
Union Sq*....
Western...... 150
West Side*.. 275
Yorkvllle*..
240
240
190
BR’ KLYN.
Bedford*. ...
Broadway*. .
Brooklyn* . ..
8th Ward*...
5th Ave*--First.............
Fulton*........
Bid. |A*k
0
4
48
102
276
32
30
64
110
0
92
2? i*
37
32
66
116
8
96
so 90
m
25
27
90
70
100
104% 18 5 *
510
25
88
iio
28
92
Bid. Ask.
Banka.
B an k s.
N. Y. CITY.
America*....
Am Exch.
I A sto r......
; Astor Place* 2 2 0
Bowery*..
300
Broadway.... 225
Butch’sADr.
Central......
C h a se .......
Chatham--: Chemical..
125
; Citizens’ ..
1000
i C ity .........
I Clinton*...
| Colonial* .... 130
| Columbia*... 150
200
I Commerce
Continental . 122
1 Corn Exch*..
1 25
! East River., ** * ’
llt h Ward*
F ifth ..........
I Fifth Ave*.
First.............
First (St Isi)
Fourth ...
14th Street*.
Franklin......
G allatin...... 300
Gansevoort*.
Garfield........ 950
German Am* 1 12
German Ex*. 205
Germania*... 300
Greenwich*.. 165
Hamilton*... 105
Hanover...... 385
Hide A L’atb
Home*.........
Hudson Rlv* 140
Imp A Trad.
Irvin g......... 147%
Leather Mfr. 170
Liberty....... 135
Lincoln........ 750
Manhattan*. 225
Market A Ful 22?
Mechanics’ . . 170
Bid
40
101
103
110
400
440
20
92
no
88
80
107
00
70
94
I 100%
115
215
190
140
104
880
18ft
150
480*
190
308
385
92
200
150
95
107
395
2ft0
• Banks m«rked with an asterisk (*i are tftate
I Purchaser also pay* accrued Interest.
00
105
Kings Co*...
Mami fact’r8 250
220
245
Nassau...... 200
Nat City — 385
North Side*. 175
People’s* ... 190
Scherm’rh’n' 140
17th Ward* 100
Sprague--- 200
135
Union*.
103
100
Lo
i
255
275
340
185
196
150
105
146
100
135 140
185* 1375
Colonial...... 102% .....
Continental 185
Consolidat’d.
850
340 360
425
236
Manhattan.. 105
Mercantile .. 400 __ T
Metropolitan 300
Produce Ex
Real E stTr’l
State Trust.
Luion Trust.
U 8 Mtg A Tr.
Lmt. States..
Washington
BR’ KLYN.
Brooklyn Tr.
Franklin.
Hamilton
Kiugs Co......
L Isl L A Tr
Mauufact'rs.
Nassau ..
People’s.
305
2«,0 .....
200
200 210
1000 .....
275 .... t .
1160
235 ........
390 405
225 235
236
280
220 226
235 246
157 156
245 260
t Price per Ah***
THE CHRONICLE.
‘> 9
B a sto n ,
P h ila d e lp h ia
a id
B a ltir r o r e
T#** -Hlwr-p P r l u M - l S o l I * e r t i e n l u m
Bm ittnU ty,
June 26
S to c k
P rfe e a ,
Monti a y . 1 fiM tfday, ! Il'eJiiOUldj/ T h u r sd a y , j /V
,
l
SB, } J u n e 2D. J u fix 3 0 , ; J M y
J litlS 2 7 . J
l.
E x ch a n g es— A
rv o t.
D a ily
and
A C T IV E S T O C K S .
1 I n d ic a te s u n lis te d .
1
Y e a r ly
l x v ii.
R ecord.
| S a le s
I o f the R a n g e o f S a le s i n 1 8 9 8 .
W eek,
'Shares
Low est,
H
ighest
tt iilv o m l tBtock**.
25 ’
18ft 00 Jan . 4 7 5 * Feb. 11
78 Baltimore City P assenger... (Balt..)
79
79
72
7 2 * • •♦•M T ill
25; 1,443 2 1 * Apr. 20 2 4 * Fob. 14
:
* 3 * fa.i.1 9 3 * 93*j • 9 3 * 83*1 981 22-1 Baltimore Consolidated........
*
ej 2 1 * Mar. 12 2 4 * Fob. 23
*23! oh* Baltimore C onsolidated?.. . , ( P h lla .) . . .. 25;
?
823 Bouton & Albany.
....... (B o s to n ).... 100
10, 2 1 7 * Mar. 29 22- Ju n o 9
l»888 925 :♦893**
tti" iti
100
07 '4 Boston E levated.
1,072 5 2 * Mar. 20 0 7 * Juno 30
f)0
00
oo
# ? * j *07
ff hrt 5 5 * 6 0 *
tt
100
Boston
541
215 Apr. 2 225 Jan . 22
"
220 220 •890 ......... 1*881 223 1 * " & Lowell
*113
100
“
93 100 Mar. 12 171* Jan. 7
108 102 (Boston A Maine............ .........
. , A1 _ 10 2 * 109 108
102*
• i& its
t\£
i d i * 10V* l o t *
100
j i '5* Chic. Burl. A Quincy............ .
*
•
9,401 8ft* Mar. 20 10794 Ju n o 11
10»H 105* l o t * 105* 10414 105* 104 10 4* 1 0 4 * 105 * |
100
1,031 102 Mar. 14 121* Feb. 7
"
117 l iiB n s I 117 117* ( hie. June. A uu . Stock Yds,
ltd iit* < ii7
•11 A* i I A* 1 id 11?
100
Preferred ..........................
“
81 105 Mar. 12 12 0‘ May 11
n ~
liti n o
no ! no
117* n o
i ro u «
11# U «
100
l.o 00 8 8 * Apr. 21 102 J u n e 11
WBU OB* oh*
OB* OH* •OH* oo Chic. .Milwaukee A St. Paul. (Phlla.
u * * 90
*W
k*vi
501 5,015
0 Feb. 25 2 2 * Ju n o 29
91U 82 Choctaw Oklahoma A G u lf..
2 2 *;
t l * 2 1 * 28
a i* a t*
* 0 * » « * 20* 3 1 *
501 7,932 2 7 * Jan . 4 39* .1une 20
P referred.............................
3 8 * 30
3 7 * 37*1 8 7 * 30 Hi S h* 30
ft** SO* 85H 8 7 *
“
100
1.003 87 Ja n . 3 6n Ju ly 1
4U*
40
40*
1014 50 Consol, Traction of N. J . l , ..
49
4U* 4#H
68 98 Mar. 28 101* Ju n e 29
99 Fitchburg, p re f..................... (B oston). . . . 100
06
io ;
io ) * i 108* 00
101* 10)*»» 101* 102
101
'
Gn. Southern A Florida... . . . (B alt.) .. 100
2 7 * May 9 3 5 * Ju n o 7
*33* 37 I .................... •H I* 87
100
I ’ p re fe rr e d ....,...................
d.
"
" i s o 84 May 25 80 Juno 30
80
8 5 * 8 5 * i 8 5 * 8ft* 80
85* " » ii!
“
100
170 55 May 8 62 July 1
i
oi !i "0‘ " 02 * 2d p referred ..........................
00 i 00
6 0 * , *00
6» * 5 9 * •ao
(Pbila,) .. 50
20 078 12 2 0 * Jan. 3
Mar.
I,
21 : 21
21*
91
I I * 21*1 2 1 * 8 1 * Lehigh V alley.......................
S itt t l u
* » * 21*
207
4 * Apr. 0 0* Jan . 12
4*s
4*
4*1
*4*
6 !
4*
4*
a
a
N
•m Mexican Cent m l,................. (B oston),. 100
50
149 7 0 * Jan . 14 S3 Juno 80
81
81 N orthern C ontrol................... {BAIL) ..
83
......I *89 ....... .1 83
9 2 * »‘‘H
.
N orthern Pacillo .................
(Phlla.) .. 100
3.4 9619 Feb. 24 81 J u n e 6
2 0 * 2 0 * 39-*
80
20*
80
90
*t i n t o
100
Preferred.............................
5,430 5 7 * M ar. 20 7 0 * Ju n e 24
00*! 0 0 * 0 0 *
6 8 * 6 0 * 60
TO* 70#i 6 9 * 7 9 *
10 185* Mar. 16 193 Jam 81
101 *100 . . . . . . 100 . . . . . . 191 191 Old Colony.......................... ..(B oston).. 100
101
lo i I t i
100
“
80 18 Jan . 4 3 3 * Feb. 17
*28
' *2H 30
8 9 * Oregon S hort Lino.....................
20
SO
20 I *20
30 I *20
833 5 5 * Mur. 12 8 0 * Fob. 7
0 7 * 58 i 5 7 * 6 7 * 5 7 * 58
57W 58 Pennsylvania.............................(P h lla .).,.. 50
'w t f ’ 574* ! 5 i H 58
4,441 77 Mar. 25 8 0 * Ju ly 1
Philadelphia T r a c tio n ......»
“
. . . . 50
8ft*; 8 5 * 8 5 *
84W M44j
8 4 * 8 4 * 8 4 * 8ft
84M
2,960 7 13-10 M01*25 11 * Jan
* . . . . 50
*
0
0*
y o- 16
0 * 9 7-1
9*1
0 7-10
1 0*
o « Reading Com pany.....................
•S
4.330 1 8 * Mar. 20 27 1-10 Feb. 3
23
1st prefer red............................
" . . . . 50
23 23 13-10 *
2 f * 22*; 23
it
an 2 3 * 23 5 1 0
2d preferred ............................
“ . . . . 50
9 * Mar. 25 14 9-16 Feb. 5
80
1 1 * 5-16 • n ^ i m
n * *n* n .
1IH
m 7 -ic .
Union Paolflo.........................(Boston) — 100
020 1 0 * Mar. 25 2 5 * Ju n o 3
2 3 * 23*! 3 3 * 2 3 *
2l
3 3 * 23*1 -asM
24
•3841 t l
“ . . . . 100
4,249 47 Mar. 25 6 3 * J u n e 6
6 0 * 5 0 * 50*1 5054 DO*, 6»H 50)4 P r e f e r re d .................................
60H 0* , 0OU 01
1 7 * 17*! 17* 17*
17* 17*! 17« 18* Union T rac tio n .........................(P h ila .)...., 50 25,746 1 2 * Jan . 3 1 8 * Ju ly 1
17
17H
i l H I I s 3 3 2 8 3 * j 8 3 * 83*1 84
8 4 * 85
1,751 78 Mar. 25 85 Ja n . 3
84*
8 4 « 85 W est End S tree t..................... (B o sto n ).. ... 50
*
U ia c e llu n c o iif l S t o c k s .
230 J une 80
275 270 1274* 280 x974 274 A merican Bell T elep h o n e.. .(B o sto n ). , . . .100
1,188 238 . Mar.
: 2 7 4 * 875 1 8 7 4 * 875
“
. . . ..100 30,159 107* Mar.
145* J une ft
! I* * * 130* 120* 131* 130 133* 132* 1 3 4 * 1ilOH 133 A m erican Sugar R efining7..
Preferred 1...............................
“ . . . ..100
105 103 Mar.
n o * .1an. 0
• U l l t t j | 112* 1 12* | 1 1 1 * 111* 1 1 2 * 112* 112H 11254 *112
2 0 3 * 204* Boston & M ontana..........
“
. . . .. 25
212 J u n e 3
804 204
4,113 149* Jan .
203 20.1 [ 8 0 9 * 2 0 3 * 202 2 0 2 * 202 204
“ . . . .. 25 10,940 1 8 * Mar.
2 3 * 20
2 8 * Feb. 2
24*
25* 26*
^ 4 * 25 j 24
*1>H llufcte & B oston)........................
1
1
. . . .. 25
571 575 Calum et & H e o la . . . . . . . . . . .
505 505
03 489 Jan.
j05 505 j 600 500
505 505
575 Ju n o 2
04
05 Consolidated G as............... (Balt..) . . . ..100
0 3 * 0 4 * *03* 04
04
04
65 Ju n e 24
6 i*
1,828 5 2 * Jan .
i *»4
.(B oston) .100
*
2 2 * 22*
2 4 * Juno 8
2 2 * 2294 *S2« 23 Dominion C o al..................
1.375 14 Mar.
a --'*1 2 2% 2 2 *
.
Electric Storage B attery T ., ( P h ilo .) .... i oo 13.090 18* Mar.
29
20
20*
28* 20*
20
2 9 * Jan . 10
«8* | 27
83
.........................
“ . . .to o
..
am . P referred %
3 1 * 31*
3 0 * 31
32 Jam 10
; 2h
311* 3 0 * 81
4,057 21 Mar.
08* Erie Telephone....................... (B oston). . . ..100
•08
68
O
H
00
21 5 9 * Mar.
*08
08*
*q s
00
*67
T iH Ja m 5
00 1 ♦08
68 m tnota Steel.................................
. 10 0
"
57 ; 57
58
67
*57
57
400 4 4 * Mar.
(SO J une 1
6 7 * 5 7 * ♦57
67
67
. . . .. 50
21
21 I aiinaon Store S e r v i c e f‘
272 20 Mar.
*21
22 1 21
21
21
22
•a i
9 1 * *2 1 * 22
s a « Ju n e 8
38
38 Lehigh Cool & N avigation... (Phlla.) ... . 50
3 7 * 38
38
88
322 3 7 * Juno
3 7 * 38
4!i« Jam 7
"
7
6*
dH
m
0*
o*
6 131 * 131 * ♦130 i 131 M arsden Company 7.................. oston).. ..100 17,035 5 May
H 0 6
1 1 « Jan . 11
,a ^
10 0
New England Telophouo.......(B
130 130 j 180 130 I*130 1 3 t*
34 120 Mar.
181 Feb. 7
•ISO
. 25
*
*
224V 23 Old Dominion Copper 7 . . . . . .
23
23*
22
22 *
9,492 21* Jan .
38M Mar. 2
2414 24*4
SMM SiM 2 2 * 24
17* 17*
1 7 * 17* Pu. fttfg. L ight A Power* ... (P h lla .)... . 50 18,130
18*; 1 7 * 18*1 1 7 * 1 7 *
IB
l# H i 18
6 A pr.
, 18>$ J u n e 27
. 50
1 0 0 * 1 1 0 ! 1 0 0 * 100* x \ 0 8 * 10814 1 0 8 * 108* United Gas Im provem ent 1..
“
to o * n o
5,555 9 7 * Fob. 24II11M May 19
no
no
1 4 * 1544 15
15* U nited States O il....................(B oston)... . 25
14* 14*
14* 14*
1 4 * 14*1 1 4 * 14*
1.415 10 * Fob. ■1 1 S « J u n e 80
5 II,
62
00
oo
58
60
01
0 1 * Welsbaeh L ig h t7 ..................... ( P h lla .)...
50* 62*
50 * 02*
01*
390
3 3 * Feb. 8 6 2 « J u n e 2?
---- J an. S
1 * W est End L a n d ...................... (B o sto n )... . 25
•1
l
*1
l
1
1
125
1 Jam 13
•1
l*
1*
l*
. 50
24
24
25 I 9 4 * 2 4 * W estlngb. E lectric A M fg ...
25
Jam 8
88
800 20* Apr. 13
w S ♦2 3 * 24*1 2 3 * 9 4 *
50
6 3 * 58*1 P referred
* 5 8 * 5 4 * • 5 3 * ......... *53* 55
55
•54
15 50 Apr. 22 55 Ja m 11
•5 8 *
• Bid and asked twice*; i no sale wa*l tnndo. t Tr. receipts: all Inatal. paid, it Tr. reots. 1 Ex rights. f Lowest Its ex divl dend.
ft
n
•A * * * *
♦73
23
Hia. A sir,
A sk.
B id. A sk.
BO N D S
S T O C K S BONDS
TOCK3
B onI o it—Concluded.
Ml SUELL.—Concluded.
3 .— P r i c e s J u l y 1.
Qgd A L Goon 0a.'20 A AO 93
3
10
3*'
A t Top A 8 Ke- (Boat) 100 13* 1 3 * In tB u fcH & S M ••
40 , Income 0a............... 1920
M arsden p re ff (P hil) 100 35
15**
AH A Charlotte (Balt) 100 107
R utland 1st 0 8 ..’02 MAN
M ergon th a le r.. t Host) 100 180 181.
M 100
u«
B alt A O hio...
U>
00
2d 5ft...............1898 F&A
Morris C anal... ( Phil) 100
Bos A Maine pf (Boat) 100
W est End St,5«..’02 MAN
P r o f.................. “ 100 iV o"’
105* ‘
*
B otton A l ’r o r . * 100 i!76H
47*
............... ^ ' 0 ■
Osceola M lnlng(Bost) 25 47
Catttwtftftn.. .
Gold 4 s .........1010 MAN
*•
50 8SW s»K P a rro tt SU&COp "
10 22* 23
ivl prof—
8
4 a ., ,, <
.............1917 F&A §103
Ponnsyl S u it.. .(P h il) 50 108
10
C entral Mas* (Boat) 100
“ 100 64
18
57
Punnsyl S teel?. “ 100
P ref...........
28
B oih I m B a l l i m o re .
—
P ro f 1................ “ 100 25
C entral Ohio (B alt) 50 2i>V
«
82 1 Al l & Ch 1st 7a. 1907 J&J 110
1
Philadelphia Co<Boet) 60 31
.(Boat) 100
i1
14
At) G-Light, 1a tea 1017J&D 100
100 210 S ll
P ullm an’s Pal.
(Phil) 100
.........
Balt, Bolt 1st us. 1990M&N 9 9 * 9 0 *
25 114 115
Quincy Mining.
1•
10
10
10* BaltGPas 1at, 5s. 1911 M&N 118
i (Host) 100 150
Iteooo B uttonn.
5
M 1001 250 200
Santa Ysabel G
a * Bait Fundg fta. 1910 M&N 122
. * 100
*
25 150 158 ! Exchange 8* s. 1930J&J 105*
11
13
T am arack Min.
Bult&Ohiu lag. 1935 A&O 1 1 2 * 112 *
50
. " IOC 33
36
U nited El Sec..
Prof..........
Pltts&Con 5 g. 1025 F&A
100
P r o f................
G’rm ant’u 1 l(phll) 5G 135
S ta ll H 2d 5 g. 1920 J&J 7 2 *
i
100
1
*
50 4<J
W ater Pow er..
HroUmv M A T’ *
*|
Receivers cert if Oa.J&D 1100
25*
60 00
W elsbaeh ComT(PhU)100 25
P r o f............ . “
Do M aryland Constr 5s, §100
50
83 j
13
P ro f 7 ............... “ 100
B u n t A Broad ’ ••
Do P lttsb A Con 5s.J&J 1100
«
50
i f * W ostm ’rel C oal(Phll) 60
P r o f. . . . . . . . . «
Do Mali) Line 5s............ 5100
15
W olverine M in,(Bust) 25
11
K C Ft 8 A M ( Boat) 10(]
B&OSWlst 4 * g, 1990J&J 100
W ollaston L ’d. 1
1
5 a iS !
00
P r o f............ . “ 10C 50
Balt&PletOftin 1 1911 A&O 120
L ittle Bchuytl .(P h il) 50 52
1s t 0h tun n el 1911..J&J 120
B o n d a —B o a t o n .
Maine Centra ( Host) 1Of 127 13 i
Am Lied Tel 7 b. 1898 F&A BlOO
Bal True U t 5h. 1929MAN 113*
Metropol 8tf. .(P h il) 100 160 100
A T&S F gen g 4s. *95 A AO 92* 92*
Ext. & Imp 0H.J9O1M&S 103 104
Minch Iti A 8 I
A d ju stm en t g 4 s ,. 1995
N eequehon'# y . "
50 54
No BaltDIv 5s. 1942J&D 115 115*
57 H 07?si,
1 A M 3d Is 7. . 02-07 MAN
1
h
37
New 8 n |ls n ( .(B oat HOC 1 85
Convertible 5a 1900M&N 101 102
Boston Torra’I S * « . .1947 ibfl* T u ’* CapeF&Yar A0g. 1910J&D 6,5
97
P r o f ........ , *• 101 1 95
72
Bos Un Gas 1st 5a.. ’89 3 AJ
1st 0s nor B,. 1916 tr roc 45
93
92
Phil) 56
K e n h Penn
50
2d M 5 s .......... 1939 J AJ
77
tio A W Branch M
60|
1st 0a sor C..1910 tr roc 45
78
50
501
B ur A Mo Rlv e x 'p t 0a.J A.1
P e n n A N W - . *’
120
C ent Ohio 4* h g. ’30 MAS
Phil A Em-. -... “
N on-exem pt Ob.’ i s 3 A3
50
10
Central lly 0a.. .1912 JAJ 105
109
95
PbH Germ A N, Plum i s .......... 1910 JAJ;
50 130
Consol 5 a ,... 1032 M&N 115
Ch Bur A N 1st fts/26 A AO 10 7
t'nitfMl N 4 . . . . M looj 254
E x t A Im p 5s.1982MAS 113 1 1 4 *
L’nHad T r of P . ••
60|
0d M 0 s .........1918 J A D 1011
ChurlCAA ext5a. 1010J&J 106* 107
Ch Bur A Q 4s. 1089 FA A 9 8 100
♦
50
P r o f. . . . . . . . . . *
Chesap G a s 08.. 1900 J&D 103
Iow a I>lv 4s. 1919 AAO 98 101
W a»t Kud praf.1 Bout)
104 104*]
City&Sub 1st 5s. 1922J& D 114
Chicago J u n e 5s. 1915 JAJ 112 U 3 , Col&Grnv 1st5-0.1917J&J 115
Yfeet J e r A 8 8.(Phil) 50
W r»t N Y A P*
"
501
8 * ; ’ *8*1 Ch A No M gu 5 s.’81 MAN
Consol Gms 0 s .. 1910 J&D 115
60
W 1*000 Central (Bout) 1Ob;
V*
4 | CbtA WM e o n S i.'S l J* B l *60*
5s.....................1930 J&D 107
P r o f .. . ........... * 100;
*
Com o f V orm 't 6s.*13 JA J| 0 9
8
5
Gn AAin Is tp f 5 sl0 4 5 A&0 lOt
W ar Noah A H. “ loot 120 1122 ! C urr’t Rlv 1st 6s.*27 A AO 7 5
9 2 * 93
80 I! GuCar&N l st5s g. 1920J&J
MISCELLANEOUS.
DO It A W lfft4s.*40 A AO 81
8 l * ; GoorglaPlfttS-Os 1022.J&J 120 123
A lk/aei MlnUuj(Boet) 95
5
18t- 5a. 1945J &J 108
107
i*\ 3 * DomlnCoel UtOsJUiMAS 118 119 || GaSo&Fln lHtgnft.V42.M&8 110 1 0 3 *
E ast’ll 1st M 0a g.’OO MAH
A id R j
Lake it El
An*o>iuU Mln.(U'r*t) 2ft
P r Elk AM v 1st fl» *83 end! 135
MacAN 1rtt, 4 * 8 .1990MAS
A bnUton Land.
* 100|
*
U n st'p ’d l« t0 n .’33 A AO 136
MotSt ( Wos h ) 1 a t 5s’2 5 FA 118
Arnold Mining.
* 2ft! 14* 14* I Illln Stael o onr 5».*I0 JAJ
*
88
New Orl Gas 1st 5a...V ar 100
Aoh Bed M m'*.
* 2 ft:
*
North Cent 4* h. 1925A&0 110
8*1 J H \ i D ebenture 0s. 1918 AAO 87
Atlantlr! Min’*.
* 85 30 | 30*! K C CA H 1st 5,n g.*25 AAO 75
*
0a 1900................... A&O 105
liab le M ining.,
“ 2ft! 1 9 * 10M K C F t HAG I ju 7 *J08JA t) 113
Os gold 1900 ............I&J 104
K C V SAMcon 0a,’28MAN 102 1 0 2 *
B ait WarebfV««(Balt) 9(0 21
Ob 1904.....................JA J 110
Day Hint*? h m t . ( INa*t> 50
70 « Sorlea A 5 n 1920..,.J&J 112
1H J % \ K C M A B \ si 4s..’34 MAH 78
BeftfAErt* B r'w ( Phil) 100 07 | 70 j Incom e 6 # . . ,
I 33
8 or lea B 5s 1920......J&J 112
34
P r o f .......... .
"
ion! 9 7 * .........I
■I II
H *29 AAO |too
OU10&M la t? SI) 1905MAN 1 0 3 * 1 0 4 *
lloeton Klcc Lt. (Boat >1001 180 127 ; K C B tJo A O B 7*.’07 JAJ 1
120
PHts&Con ta t7 « 1898J&J 1 0 t* 102 *
10t
! r,ams’n g fr o 3 0 s/0 9 MAH
Bo«ton L a n d . .. ”
P itt Un True 5ft,1997 J&J l o t *
15
Beyl«b;n 8? L’d *
*
L Hook AF 8 1 st7ft,*0SJAJ (too* 103
POtOmVal 1st 5 h. 1941 J&J
9
Cambria Iro n ..(P h il) BO 4 1 * 41* L BAHt L 1st 0» g.*20 AAO 95 100
See A vTn (PI tte)5ft*84J AD 107
2d M 5 0 g ... 1930 AAO ♦ 80
Canton Cm.......(Balt >100
Tl*’ 7<-,
Scab & Roan 5a. 1920 JAJ 100
84
Canton Mining <
) an, 13*, 14
Mar tX A Out 6*..r’25 AAO
Virg Mid la t 08.1906 MAS 1 to
112
Central T ran*-. i Phil) 3H
M ot Control 5s. 1917 A AO S " °
2d aorlOH On. .1911 MAS 115
<••••••
4s n ................UHl j.vJ i 02
D etain Coal o f. ( Boot) t oo j 108 ..........
03'
3d aerlea 0 s.. 1910 MAS 114*
di*on y.\ H i.,. * ion 100 105
•
1*t con Inc 3s g non-cuin
4th sor 8-4-5*. 1921 MAS 96
M
26
i | a
Ft Wftyne Elect M
2d con Inc 3* non-cum..
5th aerlo* 6b. 1920 M&8 103*
26! IS
rran k lln M m *. ”
1 9 * Now Eng Tele 0*.’9W AAO {100
Ya (State) 08 novf.*82J&,I; 7 6 * 7 7 *
ft
Franch Bay I^d. *
*
rts ...................1907 AAO MOO
71
Fund dobt2-3ft. 19 0 1J&J ; 70
3 9 * X VAN Knu 1 7s,'05 JA J {117^
Genera! E lect.. “ 10O| 89
Va& To ul) 2d 5s. 1900 J&J |
P r o f............ .
100' 99
94
la t m o rto s.. ..1905 JA J {112 112*
8*......................1000 J&.1!
Bid. A sk .
BONDS
B n l tini«ir«*—C u u d u ’d.
115 120
West- N C con 0s. 1914 J &J
107K
W est'YaCAP1Ht,0g. ’11.1 &J
WUCol&Aug 0s. 1910 J&D
W ll & W eld 58., 1935 J&J 114
B o n d h— P h i l a < e In Itln
1
107M
At J City I st, 5s g.. ’19 MA NI
Budhlo Ry con 1 st 5 s .. ’31
Catawlssa M 78.1900 F&A 10 7"
Ches&D Can 1atfia.’ 1fl J&J
107
Choc Okla & G prior lien 0s
97
General 5s .. M919 J &J
Git’s’S tR y(Ind)con 58/33
78 *
Colura S t Ry 1at con 5a.’32
Colum O C rosst 1st 5a..'33
*u
Con True o f N J 1st 5s..*83 10394 L 4
Del & 1 Bk 1st 7s.’05 F&A
5
Bnat&A 1st M 5s.’20 MAN i o l
Edison Elec 5s stk tr ctfs. 109* 110
Elec& Poop’s T r stk t r ctfs
STM
Elm&Wllm 1st 0»flO J&J 1 22
Income 5 s ....2802 A&O 105
Eq I'll Gfis-L 1s tg 5 s . 1928 105 105*
H estonv M & F oou 5a. ’24
id s "
H& B Top con 5s.'25 A vO
Interm it Nnv 0 s.......1906
K C Sub B 1st 0 h..‘2O J&D
oo
K C P A Q 1 s t5a..’23 A&O 08
Lehigh Nav 4 * a , . ’14 Q*J 100 ••••««
HR 4a g . . . . . . . 1914 Q-F 107 109
120
Consol 7s.......1911 J&D
Gen M l) ja \ L 2 ()
!
8TM
Leh V CM 1at 5 s g.’33 J&J
Lob Val XtttOa.. 1898 J&D
2d 7a..............1910 MAS
Conaol 0s.......1923 J&D
A nnuity 0s............... I AD
ia i«
Newark Pass con 5s. 1030
NY P h &Nor Lat,0s. *23 J&J
No Penn lst48..*3fl M&N 112 ........
Gen M 7s.........1903 J&J
P e n n gen 6a r . .. 1910 Var l*8>« 120)i
Consol 6 h c . ... 1905 Var
Consol 5s r . ... 1919 Var
Collat T r 4 *9 g.’13 J&D
.......
Pa A N Y Can 7s..’00 J&D
Cons 5s.........1939 A&O
Cotis 4 s.........1930 A&O
Penn Steel lftt5s.'17 M&N
100
People’s T r tr certs 4s.’48 io*i*
Porkiqm l8 taer5B .'l8 Q-.T 10*2*
Plilla Elec gold tru s t ctffi 93« 00
Pli&Er gen M 5g.’20 A&O
Gen M 4s g .. 1920 A&O
........
Ph & Read 2d 6s.’3,3 A&O ia o "
Coimoi M 7 s .»1911 J&D 180 .. . . . .
. ,
Con M 0ft g ... 1011 J&D 320
Ext, Imp M ls g . 47 A&O I03M . . . . .
Coo H o f ’82 4s.’37 J&J lo a n
10-yr s f 5a g. 1003 F&A
Term inal 5s g. 1941 Q-F i i e " 7 7 " .
P Wil & Ball 4s. 1917 A &O
QODat, trust, 4ft. 1921 J&J
ids
P itts O&St L 7s. 1900 F&A 108
8 4*
84
Road Co gen 48, 1097 J&J
Rochester Ry con 5s. 1030
SchRE3idol8t5n g’35J&I>
105
Union Turm ’l 1st 5a.K&A
United N .1 4a.. 1944 MAS
U nTracPItta gon08’t»7J&J 10 4* ’ ........
1And accrued tuf.erest.
t Uni 8ted.
•P rice Incmdea overdue1con no ns.
THE CHRONICLE.
J uly 2, 1898.]
gimestracnt
R oads.
W eek or Mo
AJTD
Railroad intelligence.
RAILROAD
EARNINGS.
The following table shows the gross earnings of every
STEAM railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to a n d
Including such latest week or month.
The returns of the street railways are brought together sep
arately on a mbsequent page.
R oad s.
L a te st G ross E a r n in g s .
W eekorM ol
1898.
1897.
$
I
15,235!
3 2 .2 5 4
6 1 ,6 9 7
J a n . 1 to L a te s t D ale.
1898.
1897.
A d ir o n d a c k .......A p r il............I
15,292
7 9 ,3 4 9
71,105
A la . G t. S o u th .. 3 ilw k J u n e
28,€ 1 1
8 0 4 ,4 3 9
7 16,356
A la . M id la n d ---- A p ril............
4 4 ,1 4 4
2 5 /,6 4 0
229.914
A la . N. O. T e x . A P a o J - n c
19,00()j
i s ooo!
N. O rl. A N. E. ls tw k J ’ne
605,276!
545,197
8,000
A la. A V loksb. 1 s tw k .C u e
8.0i o'
2 9 7 .5 2 4 '
2 15,516
8 000
V ick s 8b .A P . ls tw k J ’ne|
5 ,0 0 0
2 9 5 ,9 5 3
2 17,370
A lle g h e n y V a l.. M a y ............; 2 1 4 ,3 0 8 1 2 0 6 .1 6 8 1 ,0 4 6 .8 5 8
931,848
22 ,9 j 6
22.375;
A n n A rb o r ..........3 d w k J u n e j
6:»0,996
5 88,179
6 ,3 6 1!
A rk . M id la n d — A p ril
5 ,5 7 3
4 1 ,5 3 2
28. > 5
s
A tc h .T . A H .F e.e M a y ............ 3 ,2 8 9 .4 7 0 2 ,8 0 3 ,6 z 5 15 ,7 8 7 .8 3 8 13,362,979
A tla n ta A C h a r A p r il..........
1 1 9 ,588 1 2 2 ,5 0 7
5 4 3 .7 0 C
561,529
A tl. K n o x .A N o. M ay ..........1 2 3 , 61
2 ,3 8 9
1 2 8 .7 9 5
102,462
A tla n ta A W. P . A p r il..........
3 8 ,1 2 5
4 0 ,0 6 5
1 9 2 ,034
186.993
A tla n . A D a n v ..|3 a w k J u n e
1 1 ,888,
11,3071
2 6 9 ,4 7 8
252,168
A u s tin A N ’w esl A p r il..........i
9 ,6 9 5
11,2671
4 2 ,8 3 8
64.297
B a lt. A O hio . . . M a y ........... 2 ,4 2 7 ,5 5 0 2 ,0 .7 ,3 2 8 1 1 ,2 0 1 ,0 1 4 9.859.971
B al. A O .H o u ’w . |3 d w k J u n o 1 1 2 ,6 4 6 1 2 3 ,251 3 ,2 3 7 ,4 2 4 2,763,4 i 0
B a th A H a m ’m l h A p ril..........
1,6 5 0
7 .1 7 5
1 .5 H
6,929
B lr. A A tla n tic . M a x ............\ 2,031;
1,7621
11,2 1 6
8,797
B rm m w ’k.V W»>«t1 p ril..........i 4 5 ,9 5 0
A
4 4 ,6 0 6
1 8 9 .5 3 3
177.718
Buff. R ock. A P itt 3d wk J uue! 69 961
6 0 ,3 0 0 1 ,7 0 5 .7 2 7 1,474.715
B u iia io a o ttr q .. M a y ........... i 43 ,4 9 7 j
2 1 6 .0 8 6
49.287!
221,142
6 8 ,4 6 6
B ur.O . R a p .A N .b d w k J u n e
7 6 .0 2 6 1 ,8 3 3 .0 5 0 1,739,200
O a n a d ia n P a c ific 3«i w k J u n e ' 4 7 5 .0 0 i 4 6 2 ,0 0 1 0 ,9 1 3 ,9 0 9 9 ,1 09,117
3,606;
2,4541
C a r. M id la n d .... M a y ............j
21,909
2 1 .8 3 1
80,1 7 5
7 2 ,6 *51 2.346,5711 2 ,2 81,617
C e n t.o fG e o rg ia a d w k J u n e
C e n tra l o f N. J . . M a y ............ 955,3011 9 7 6 ,3 7 6 4 ,6 9 3 ,7 4 9 4,500,515
C e n tra l P a c ific . A p r 1.......... 1 ,3 36,463 1 ,0 1 7 ,6 4 7 4 .5 8 8 ,0 7 5 3 .6 83,540
5 2 ,2 HI
4 8 .0 7 4
G h a rle s l’n & 8 a v A p ril ........
2 6 6 ,4 8 2
240,141
87,5 2 9 j
'jo , 5c 4
C han'u A . c a r . M a rc h ___ i
260,4571
241,188
1 ,410|
G h a tta n ’gn 8o . . '2d w k J u n e
1,6071
3 ,880|
3 8 ,244
Che*. & O h io .... 8d w k J u n e 2 1 8 ,992, 199,0*3 5 ,3 5 0 ,6 x 6 5 ,0 85,373
C hic. B u r. A Q .it M a y .......... 13,561,597 2 .8 06.061 1 6 ,658,802 13,919,714
C hic. & E a s t.I ll 3d wk J u n e
8 0 ,« 8 1
7 2 ,6 0 1 ,9 2 2 ,2 1 3 1,851,915
C hlo. U t. W e s t’ll.3 d w k J u n e
9 3 ,3 1 2
8 5 ,4 6 3 2.382,2641 2 ,1 62,183
C hic. In d . A L |3d w k J u n e
62,7141
60,091 1 ,4 4 8 ,5 5 9 1,3 0,647
C h lo .M il.A 8t.P - td w k J u n e ! 6 0 9 ,5 4 8 6 2 1 ,5 2 6 1 4 .911.685 12,889,912
ChlO.A N 'th w ’n . M a y ............3 ,0 8 6 .8 0 9 2 ,5 3 7 ,4 3 9 1 3 ,9 9 8 ,7 7 1 11,422,282
C hlo.P eo.A 8t.L . May
63,0611
66,7*2
3 6 2 ,9 6 3
3 38,252
Ohlc.K'k 1. A P .J M a y .......... 1 ,5 5 6 ,3 4 5 1 .2 0 2 ,4 9 0 7 ,0 6 3 ,9 3 6 ; 5,652.343
G blc.St.P.M .A O . M a y..........
6 5 8 .7 9 8
6 7 1 ,8 0 9 3 ,1 1 0 ,4 0
2,811,277
2 2 ,0 6 5
2 0 ,1 8 9
C hlo.Ter.Tr.R R . 3d wk J unc
6 3 6 ,781
496,879
3 1 ,4 0 7
30,6 7 4
Chlo. A W. M ich. 3d wk June
8 0 2,630.
6*7,<>99
8 2 ,9 8 1 1 5 3 5 ,4 4 0
C hoo.O k.A G ulf. A p ril..........
12 4 ,0 . 8
358,8 <2
5 ,0 5 8
5 ,2 7 6
22.316
2 2 ,1 6
C ln.O .A P ortsT h M ay............
C ln.N .O . A T . P. M a y ............ 4 6 3 ,5 4 4 3 0 4 ,8 4 8 : 1,777,1951 1,419,903
C ln.P orts A Vir. M arch........
2 2 ,716,
19,412!
52,283
6 1 ,4 0 a
C le v .C a n .A 8 o .. lad wk J'ne
13,4 5 9
1 2 ,2 2 9
C LC ln.C h.A St.L 3dw k J u n e 2 6 9 ,8 6 9 2 5 7 ,9 1 3 6 .4 7 3 .9 7 0 6 ,0 83,806
P eo. A Ea.Mt’n. M a y............ 1 6 1 ,4 7 9 1 4 5 ,3 4 2
7 6 8 ,7 4 6
663,342
531,808
Ol.Lor. A W heel. 3*1 wk J u n e
2 8 ,5 3 5
30,8* 7
685.870
Col. M id la n d .... M a y ............ 124,619 1 2 3 ,9 1 8
6 46.106
6 3 6 ,541
C o l.il. V A T o l M a y ............I 2 1 9 ,1 5 7 1 9 0 ,296 1 .0 0 9 ,3 0 3
902, 63
1 9 ,0 3 3
Col. fland’y A H. 3dw k J uue
346,041
15,327!
3 5 4 ,1 2 8
l,4 0 o
7 .4 5 0
7,3 0 0
C olusa A L a k e .. M a y ............i
2,000
1,0 7 5
C rystal................. A p r il............
4,* 7 6
2,972
9481
2 4 9 ,931
2 20.830
56.110!
C unaoTd Valley A p r il..........|
59.899
D en v . A R io G r. 3d wk J u n e 1 5 9 ,4 0 0 1 4 6 ,5 0 0 3 ,0 0 5 ,1 8 6 2 ,9 66.390
D eeM . A K a n c . ith w k M ch
4 ,4 3 3
4 4 ,2 1 2
37,248
4 ,5 3 6
157,234
D ee M. N. A YV\. M a y ............
5 5 ,1 2 9
2 1 6 ,3 8 2
2 8 ,5 6 5
6 6 2 ,8 1 7
5 59,644
D et.O .R ap . AW . 3d wk J u n e
2 3 ,1 3 0
2 3 ,2 3 2
D et. A L im a N o. T d w k J u n e
6,7*31
198,371
1 71.660
1 8 0 .267
D et.A M ack inac A p ril..........
5 0 ,7 1 2
4 3 ,8 3 6
6 47,850
7 9 7 ,2 9 8
D ulu th 8 .8 .A A tl S o w k J u n o
4 2 ,-5 9
3 4 ,5 8 0
6 4 1 ,1 3 4
E lg ln J o i.A E a st. M a y ............1 18 1 .6
4 ^8,855
79,1691
R rte ........................M a y ..............2 ,8 2 6 ,3 2 8 2,716 ,8 75 1 2 ,766.098 1 l,9 8 9 ,o 11
19,133
E u r e k a S p rin g s. A p ril..........,
4 ,7 0 8
5 ,3 7;
10,881
120,791
S v a n s.A In d 'p IlH 3 d w k J u n e '
5 ,0 4 6
5,214;
130,013
459,581
K v a n s v .& T. H . 3Uwk J u n e
21,2 9 1
18 b07j 54 4 006
F itc h b u r g ........... A p r il............ 5 5 0 .3 * 7
5 3 9 ,5 6 4 2 .212.0211 2 ,0 73.069
F li n t A P. M a rq . 3 iiw k J u n e
5 3 , 93
5 0 ,4 9 2 ; 1 ,3 49,178 1,218.501
F la .C e n t.A P en . 3d w k J u n e
6 9 ,0 6 0
4 -i ,6 5 o | 1 4 3 6 ,1 7 * 1,152,049
452,273
F t.W ’thA D eii.C . v d w h J u n e
2 3 ,2 7 5
18 , 421 580,131
135,068
2 2 2 ,0 5 2
F t. W. A R io O r 3 d w k J u n e
7,166!
4 .2 7 6
3,543
3,0 5 3
G a d s. A A tt. U . M a y ............;
5 t9
8*5
0 97,357
714,471
G e o rg ia KK........jw d w k ju u o
19,5 * 7
2 0 ,5 1 1
4 73,800
5 5 4 ,557
G e o rg ia A A l a . . 3 d w k J u n e
2 2 ,1 8 20,«31
3 09,709
2 9 2 ,415
G a .(.'a r’la A N o. A p r il..........
5 8 ,4 1 0
59,221
3 3 7 .3 -0
3 8 6 ,4 3 3
G eo. So. A F la .. M ay ............
7 9 ,7 6 6
6 4 .9 6 0
839,746
9 2 1 ,7 /3
G r. K ap. A I n d .. 3 d w k J u n e !
5 9 ,2 3 7
3 5 ,-2 2
182, 06
199,712
C ln .R .A P t.W . 3 d w k J u n e l
9 ,3 4 1
7,5 1 2
17.4*7
18,219
T r a v e r s e C ^ ty .i.u lw k J u n c i
804
7sl
48.221
5 - , O il
M u s.G . K. A 1 |3 d w k J u n e
2 ,4 8 7
2,3 1 3
T o t a lllin e s 3 d w k J lin e
5 1 ,8 6 9
4 6 ,4 ^ 8 1 ,1 9 3 ,6 6 5 1,087,819
G r.T r’uk S y s t'iu 3iJ wk Ju n e ! 4 2 9 ,5 1 1 4 6 7 ,5 8 10,782,223 9 ,-3 3 ,3 2 1
C hic.A G r .T r 2 d w k J u u e
G9.588
5 8 ,2 2 0 1 ,6 82,478 1,305.139
410,055
3 8 7 ,2 7 9
D et.O r.I!.<kM . Z dw u Ju iiu i
1 5 ,2 1 3
17,78e
G r e a t N o rth 'n —
St. P. M. A M. M ay ............ 1 .5 2 4 ,5 4 2 1,304,593 6 ,4 3 5 ,1 1 6 4 ,981,406
5 20,456
6 0 6 .742
E a s t o f M inn M a y ............| 1 8 4 .-7 « | 1 5 9 ,022
777.141
841,251
M o n ta n a C en t M a y ...........
1 6 8 ,4 5 6 ' 1 5 4 ,794
T o t s y ste m M a y ........... 1,872,874 1,61 8 ,4 0 9 7 ,8 8 3 ,1 0 9 6 ,279.063
47,715
65,2 0 3
G 'lfB 'iu ijfA K .C . M a y ...........
15,6 2 0 ;
11.144
18,224
21,118
G u lf A C h ic ag o . .M a y ............
2 ,4 4 8
3,894
1.3,912
14,762
Hoos.Tuu AWIi.j April........ j
4,109
3,350
923,546
9 3 0 ,5 1 8
H o u s.A T e x .C e n A p r il.......... 2 1 5 ,8 3 0 2 2 1 ,4 4 0
t 1 1 0 69686 18,908.241
Illin o is C en tra l* M a y ............ 122 1 2 1 0 9 ,1 1 8 3 1 4 9 9
74,468
73,5 0 9
37 .4 5 3
In d . Dee.AWe««t. F e b ru a ry ..
38,511
275,921
3 1 9 ,208
7 0 ,8 6 3
I n d . 111. A Io w a . IA i-rll.........
7 9 .2 1 6
1 ,484.560
4 4 ,2 6 9 1 ,5 6 5 ,9 5 •
In .A O t.N o rth 'll iH d w k Jtin ei
47,1 1 2
5 2 ,1 0 0 1 ,4 73,000 1 ,198,270
(In te rn e . (M ex.) W k J iin c ll!
5 7 ,2 0 0
7 11.347
8 4 7 .5 2 8
2 9 .2 7 2
Io w a C e n tra l
-3*1 «r& J u n o
3 2 ,9 2 1
.
,
23
L a te s t Gross E a r n in g s .
1898.
1897.
J a n . 1 to L a te st D ais,
1898.
1897.
Iro n R a i lw a y ... M ay .........
4,605
3,022
21,098
15,530
J a c k . T. A K .W M a y ............
30,400
2r>,918
157,383
141,678
K a m tw 'a A M ien 3d w k J u n e
1 1 .374
8,849
2 55,484
225,139
K .O .F -S co tt A M . 3d wk J u n e
73,785
71,537 2,231.014 2,081,10 2
K .O .M em .A B ir. 3 d w k J u u e
25,517
10,475
725,249
550,441
K a n . 0 . N . W .... M ay
30,479
21,241
14.5,792
133,829
K a n . C ity A O m . 1■a w k J u n o
3,574
3.371
119,222
115,222
K. O. P itts . A G . S d w k J u u e
5 3 ,174
33,962 1,477,417
836,955
K an.C .S ub. B eit. 3d wk J unc
8,453
10 . 62
214.131
194.384
K e o k u k A W e st.c 4 th w k M ay
11,436
12,906
228,876
211,629
L. E rie A W est. 3 d w k J u n e
5 8 ,798
60,651 I ,
573,700
1,543,110
L e h ig h A H u d .. M a y ............
3 0 ,890
30.161
144.850
133,834
L e h ig h V al. K K. M a y ........... 1,399.213 1,393,197 6,936,928
L eb. V. C oal C o. M a y ............ 1,05 9 ,2 7 2 906,821 5,335,177 6,724,337
5,144,555
L e x ’g to n A E a s t. M a y ...........
18.540
20.980
69,039
65,055
L ong Is la u ilR R . M a y .! ” !!! 401,717 348.141 1.393,340
1,255,122
L o n g I s. S y ste m . M a y .!! ! ! ! !
42 3 ,9 0 6 376,213 1,455,1*3 1,322,105
•Los A ng. T e rm . . 1M ay
5,707
8,847
31,611
31,290
L o u is.E v .A S t.L . 3 d w k J u n e
27,514
24,120
6 94,809
624,787
Lou. E L A S t. L . . 2d wk J u n e
9,178
9,527
219,171
190,609
L o u is v.& N ashv. 3 d w k J u n o 399,935 378,425 10,2*9,053 9,262.793
M acon A B lr m .. M ay
3,675
4,141
23,272
24,446
M a n is th iu e ........ M a y .............
14,105
9,526
49,004
44,518
tM e x ic a n C e n t.. 3 d w k J u n e 2 5 \ 0 3 2 253,338 6,41 3 ,0 1 7 6,254,631
M e x ic a n I u t e r ’1. M arch
310,915 298,070
839,7201
826,941
IM ex. iN utioual 3(1 w k J une 113,208 110,328 2.81 4 .0 0 0 2 ,8 1 1 ,9 8 7
M ex. N o rth e rn . 'A p r i l .........
55,799
5 5 ,914
184,411
2 2 3 ,0 3 4
tM c x lc a n R 'w av j W k J u u e l 1
78,00n 1,809,500 1 ,6 * 4 ,5 0 0
7 8 ,6 0 0
M e x ic a u S o........2 d w k .J u n o
11,730
11.871
307,332
328,585
Min n e a p . & St. L. 3d w k J une
35.774
46,362
943,317|
843,097
M.
S t.P .A S .S t.M . 3<iwk J u n e
6 8 ,797
66,962 1,716,827 1,498,985
Mo. K a n . A T e x 3<lwk J uue 141,503 139,06 4 4.798.599 4,73 0 ,4 0 0
Mo. Pao. A lr o a M a d w k J u u e 3 8 7 .0 0 0 3 6 0.00 I I ,
0*9,114 0 5
1 0 ,0 )1 ,9
C e n tra l B r'u h . 3 d w k J u n e
19.000
15,00l
008,354
453,826
T o t a l............- |3 d w k J u n e
4 0 0 .0 0
3 7 5.00 12,217,468 10,50%, 31
M obile A B irm .. 4.thw kM ay
7,7 5 9
7,087
158,623
1*7,871
M obile A O h io .. M a y ............ 3 5 8 ,9 0 0 325,2 50 1,706,890 1,575,702
M o n t.A M ex .G ’f. M a y ............ 1 27,187 115,920
6 48,027
570,551
N a sli.C h .A S t.L . M a y ............ 5 20,039 4 44,393 2,3 1 3 ,4 3 • 2,080,858
N e v a d a C e n tra l. A p ril
3,001
2.035
14.175
9,805
N. Y .C .A H . R . M a y .! ! ! ... 3,944,946 3,808,731 18,547,075 17,440,964
N. Y. O n t. A W .. 3 d w k J u n e
73,7 *4
77,209 1,623,303 1,639,638
N. Y .S u m p A \V. M a y ........... 185,850 181,922
803,250
8 20,663
N o rfo lk A W est. 3 d w k J u n o 16 ,917 1 81,309 5.211.001 4,83 5 ,5 0 0
N o rth e s ’n (G a.). M a rc h ........
0,111
5,228
20,650
10,406
N o rtlie 's ’u(S.C .) M a rc h ........
5 0 ,230
4 5 ,870
102,670
160,159
N o rth ’u C e n tr a l. M ay .......... 4 9 2 ,3 6 5 491,502 2,505,192 2,554,115
N o rth ’n P aoitlo. 3d w k j u u e 3 6 9 ,2 1 8 326,227 9,712,087 7,095.036
O hio R iv e r..........3d w k J u n e
20,066
20,231
4 00,970
401,643
O h io R iv .A O k as. M a y ............
12,587
12,301
88.176
75,147
O hio R lv .A L .E . M a y ............
2,800
1,901
12,255
10,809
O hio S o u th e r n .. M a y ............
4 8 ,111
4 7 ,183
270,875
202,605
u iu .K u u . C. a E .jz u wk.Vlcli.
11,533
14.240
114,754
158.552
G rog. R R. A N a v . 1 d w k J u no 146,793 107,920 3 J 0 6 ,725 1,871,201
3
O reg. 8h. L in e ..|A p ril ........ 5 14,297 43*, ii 6 l,8 » 7 ,8 3 s 1,025,084
Pao. C o a s t C o .. IA p r i l ........ 4 5 6 ,4 1 6 2 81,366 1,860,452
987,( 87
P u c ltic M ail........M a rc h .......... 3 6 7 .6 3 2 413.891 1.056,007 1,133,779
P e n n s y lv a n ia ^ .. M a y ___
5,399,707 5,08 5 ,5 6 7 2 0 ,114,976 24 ,4 0 4 .1 7 8
P e o ria D e o .A E v . f d w 'k J u n e
'
14,2931
14,391
3
399,312
4 0 5 ,8 6 9
P e t e r s b u r g ........A p r il............
6 0 ,235
69,56
190,756
209.618
P h lla. A E r i e .. . A p r il.......... 33^,8741 3 0 9 ,7 8 4 1,123,393 1,185,884.
P lilla. A R e a d ... M a y ........... 1,0971540 1 ,6 1 3 ,H-2 8,28 0 ,4 0 5 7.719,901
C o al A I r . Co. M a y ............ 1,802,861 1,037,609 7,931 ,5 6 8 7,18 0 ,3 6 2
T o t. b o th Co’s. M a y ............3 ,5 u 0 .3 9 7 3,250,711 16,211,973 14,900,263
P h il. R. A N. E . M a y ........... I 5 2 ,4 3 9 1 51,401
231 007
246,281
PUU. W ilm . A B. A p r ii.........| 8 1 1 ,9 7 3 7 47,873 2.88 0 .9 08 2,7*2,008
P itts.C .O .A S t.L . M a y ........... 1,250,577 1,110,779 6,302,054 5,513.729
P itta . List).A Wll M a y ............
19,211
3,326
3,429
18,691
P itts .B e s .A L .E . M a y ............I 1 0 1 .5 0 0
212.9 <0
5 ',2 0 0
380,026
P itts . A W es’u . . . d w k .June
7 43,107
43, 74
797,013
44,797
30 0 .4 0 4
P itts.O l.A Toi. 3 d w k J u n e
18,185
480,221
2 2 .054
134,230
P itts . P a. A F . 3 d w k J une!
8,714
9,143
147,829
T o ta l s y s te m 3 d w k J u n e
70,702 1,437,723 1,251, 08
7 5 ,565
P ittsb .Y o . A A .. M a y ............ 141,704 124,526
400,794
573,365
* 29,091
R io u .F r’ks>>A P. A p ril ..........
7 8 .054
66,876
2 35,857
3 3 ,704
112,199
R ich.A P e tc rs b . A p r il..........
123,849
37,387
82,054
2 >.768
R io G ra n d e J e t A p ril ........
105,3.(8
32,001
163,934
8 ,100
R lo G ra u d o So’n 3-i w k J u n e
2 04,839
9,012
61,100 1,434,355 1 ,0 7 -,7 2 2
K i o d r ’d e W est. j d w k J u u o
6 8 ,1 0 0
48 9 ,0 6 4
17,384
S t. J o s . A G r. I . . . 3 d w k J u n e
20,451
55 1,418
118.405
2 2 ,644
S t. L .O h l.A S t.P . M a y ........... I
135,360
25,250
20,137
2 4,212
3,389
S t.L .K c n ’e tA So May' ..........
3 ,9 /0
9 9 ,890 3,114,377 2,718,535
S L L .A S a u F ra u . 3d wk J u n e ; 106,589
7 4 ,100 2,278,239 1.946,920
S t. L. So n th w est. 3d wk J u n e
64,500
5 04.384
500.132
118,219
S t. P a u l A D u l.. M a y ...........
130,931
0 32.390
632,373
San. A lit. A A. P A p ril.......... 2 0 4 ,8 0 5 2 0 /,1 4 9
263.536
302,987
S au F r a ii.A N .P . M a y ...........
09 098
74.U40
13,953
3 40,060
2t6,011
17,323
S. F e P ros. A Pii. l s tw k JTio
2 71,810 2 57.937 1,152.807 1,130,077
S a v .F la .A W est. A p r il.........
110.482
111,920
9.201
S h er.S h rev .A 3 o . 4 th w k M ay
6,374
64,010
02.494
23.305
18.239
Sll. S p rs. O. A G 1A p ril
3.844
S llv e rto p ......... D e ce m b e r.
5,564
8 0 .108
19,809
10,440
95,026
S io u x C. A N o r. M a y ...........
8,253
9,354
1,540
So. H a v e n A E ast M a y ............
1,860
So. P ao llic Co.
G a l.H a r.A 8.A A p ril.......... 4 49,861 3 72,038 1,775,528 1,472,637
335,399
4 0 7 .1 2 0
9 3 .420
7 0 ,934
L o u is’a. W est. A p r il.........
M o rg a n ’sL AT A p ril.......... 4 5 4 ,6 0 4 4 02,040 2,034.242 1,093,041
93.410
103 021
N .Y .T . A Mex A p r il..........
29 124
29,002
515,328
5 24 584
T e x . A N. O rl. A p ril.......... 1 28,248 125,902
4,183.503
1 -------—
7 6 ,1 0 3 793
A tl. P r o p ’te a . 6 A p ril ... .1 ,1,176,103 1,023.873 4.942.599
3 586,194 2,964,660
So. P a e . o f Oal. A p ril......... | 9 40,477
849.979
S o .P a c .o i’A riz A p r il.........
265,578 205 M7.> 1,182,308
449,137
116.630
572,070
So. Pao.ofN .M A p r il.......... 15 L.302
615,039
681,408
164 453
N o rth e rn R y . A p ril..........1 174.664
P ao lllo sy ste m A p ril.......... 3 ,2 0 0 .5 0 4 2 .562,9 -8 11,970,257 9.50 9 .5 0 9
T o ta l of a ll./ A p ril..........4 .6 9 4 ,0 1 5 3,805,257 18,015,183 14 802.629
S o u th e rn R y ___ 3a w k J u u e 3 5 0 ,2 2 7 3 29.276 9,656,508 8 825,*30
599,*37
607,11
21,849
20,677
M em p h is Div. 3d w k J u n e ,
4.000
3,797
1,403
1 ,-2 1
S to n y <;i. AO. M l A u rll......... |
94.977
119.898
4 576
4,594
T e x a s C e n tra l. 2(1 wk J u n e ,
96 517 3 .3 8 8 .2 *2 2,926.606
9 9 ,813
TexaH A Pacific 3 d w k J u n e
13.191
17,780
2,739
2,085
T ex.H .V .A N.W. M a y ........... |
709,385
39,122
812,004
3 3 ,810
T o i.A O h io O en t. 3d w k J u n e
40 ,100
438,187
17,610
T ol. P . A W e s t.. 3d w k J u n e 1 17,675
980,822
. 66.867
44,005
45,259
T o l.S t. L .A K .O . 3 d w k J u n e
U nion P a c . R R. A p r il......... 1,212.427 1,107,948 4 ,920, L39 4.233.191
65,229 1,672,234 1.448.509
67,024
J n .P .D e u .A G . . 2d w k J u n e
W ab ash ............... 3dw k J u n e 250,959 2 12,895 6,050.589 5,104,097
70,931
59.019
17,317
10,459
W aco A N o rth w, A p r il.........
801,8*4
828,827
1 83,750 194,383
W .JorseyA H ea’e M ay ............
98,239
9 5 ,572
W .V .Ceu.A PittH M a y ............
83,395
*84467
33,053
31,192
W estV a.A P itts . M a rc h ........
2 .0 .9 5 6
211,565
45,571
44,438
W estern of A la . a p rll.........|
2
5 4 ,500 1.295.9 ' 1 ,2 1‘ ,064
50,500
W est. N .Y .A P a . 3(1 w k J u n o
4 r 1 ’IC
J
99
M
9 a •>i «
W heel. A I,. RH** 9f1 «rlr J ll MA
fH E CHRONICLE.
24
L a te s t G ross g a m i n g s .
S o a k *.
Wee k o r Mo
18 9 8 .
18 9 7 .
m n . 1 to L a te s t Date.
1808.
1897.
t
f
9
3 4 .4 9 7
2 7 .4 3 3
to rt! . . . . .
1 8 6 .3 5 7
5 6 .1 8 0
2 0 5 ,0 9 2
69 2 7 0
M a r c h ___
*d irk J ’ne 1 0 6 .4 8 4
8 9 ,2 5 3 2 ,1 8 7 .0 4 2 1 ,8 1 2 .3 3 2
3 5 .7 0 9
3 3 .1 0 8
5.710
6 ,3 7 3
M * r ..........
2 0 ,1 2 6
6/21*2
*23/203
6 ,5 2 9
A p ril..........
aT U *** fig u re s la e lu d c re s u lt* o n lo o sed lin e* . 6 in c lu d e * e a r n in g s
fro m f*rrin*. ftto., n o t s:\ygo, s o tm ra te ly .
e In c lu d e s D os M o in es £
K a n s a s O ily f o r a lt p e rio d * .
d In c lu d e * o p e r a d o n s o f th e O hio. Burttn m o n a N o rth e rn in b o m r e a r s .
e In c lu d e s m s u lw o n A. T. A 8.
r e . G u lf Ool * * F*. R. Fe Punlflo oM A tla n tic A Pacific* a n d 8o.
O at Ry.
f In c lu d e s th e P a c ific s y s te m , th e A tla n tia p r o p e r tie s am i
t h e H oquUiq £ fo x a s C e n tra l sy ste m .
t In c lu d e * 'h*A*uH»afce A O h io 8 » e s te rn , O h io V a lle y a n d C h ic a g o
’w
• a d T e x a * fo r lBO'? b u t n o t fo r L897
t M exJ M c u rre n c y .
fcn
| D over* r e s u lts o f lin e s d ir e c tly o p e r a te d e a s t o f P itts b u r g .
Latest tiro** Earnings by Weeks —The latest weekly earn
ings In the foregoing are separately gummed up as follows:
For the third week of Juno our preliminary statement
covers 76 roads, and shows 4’72 per oent inorease in the
aggregate over the same week last year.
3 d ureek o f J u n e ,
A la b a m a a t . S o u th e r n ...
A tla n tic A D a n v ille .......
b » jt a o iiio S o u th w e s t..
HnfT R orh- 4 P m a ...........
%
C a n a d ia n P a c i f i c .. .. ....
C e n tr a l of G e o rg ia ............
O a lea v e A E a s t, Illin o is
C h ic . lnd1aDap.«fe L onlav.
C h icag o M ilw, £ 8 t. P a n 1
C h lo . T e rm . T r a n s f e r . . —
C h ic ag o A W. M ich ig an ..
d e v , C a n to s £ S o u th 'll..
C le v e . G in. C hic. A 8 t. L ..
C lev. L o rain £ W h eel’* ..
OoL S a n d u s k y £ llo e k ’g.
D e n v e r A R io G r a n d e ...
D e t G d. R apid* £ W est
P n lu t h So. t*h«»re £ A t . ..
■ v a n s v . A In d ia n a p o lis .
B v a n s v . A T e r r e H a u te .
H i n t A P e re M a rq u e tte ..
F la . C en t. £ P e n in s u la r.
F t. W orth £ R io G ra n d e .
O ra n d R ap id s A In d ia n a .
C m . R ich. £ F t. W ayne
M usk ( i r R ap . & I n d . .
G ra n d T r u n k
........ )
C hic. £ G ra n d T r a n k >
D e t. G d. H £ M ..... )
I n te r n a tio n a l 4 0 t . H o . .
I o w a C e n tra l
.........
M a n a w p a A M ic h ig a n __
K a n . C ity F t. 8, £ M em .
K a n . C. M em . £ B lrm __
K a n s a s C ity & O m a h a ..
K a n . C ity P ltts b . £ G u lf
K a n . C ity B ub. B e l t ....
L a k e E rie £ W e s te rn ...
L o u lsv . E v a u e v . £ 8 t. L .
L o u isv ille £ N a s h v ille ...
M in n e a p o lis £ 8 t. L o n ls.
M in n . 81. P. £ 8. 8 te . M.
Mo. K a n s a s £ T e x a s ___
M o. P a c ific £ I tod M t ..
C e n tra l B ra n c h ........
m Y. O n ta rio £ W e s te n
.
O h io R i v e r . . . . . ..........
O reg o n RR. £ N a v . ......
P e o r ia Deo. £ F .v a n s v ...
P itts lm r * £ W e s te r n .....
R io G n in tle S o u t h e r n . .. .
R io G ra n d e w»-sierr>____
8L J o s e p h £ G d. is la n d
0 t. L o u ts A Ban F r a n . . .
0 t. L oo Is B outh w e s te rn .
B ontherr.
.
M em phis D I vIs Io d ........
T e x a s £ P a c in o ___. . . .
T o led o A O hio C e n t r a l..
T o le d o P e o ria £ Wc*st’n .
T o led o 8t- L. A K a n .C ity
W a h s s h . . . . . . .............
W e a te m 2?. Y . £ P e n n ..
W h ee lin g £ L a k e E r ie ..
W isconsin C e n t r a l . , . —T . t a l 176 *oad«l —
J fs f inore.ime <4'72 t», o.L.
1898.
1897.
1
32,2 5 4
2 2 ,9 3 6
11,^88
1 1 2 .6 4 8
69.961
6 8 ,4 0 6
4 7 5 .0 0 0
80.175
2 1 8 .9 9 2
8 0 ,6 4 1
93.3 1 2
62,714
6 0 9 .5 4 8
2 2 ,0 6 5
31.4 0 7
13,4 5 9
2 6 9 ,8 0 9
2 ^ ,5 3 5
19.033
1 5 9 .4 0 0
23,130
42.8 5 9
5.0<6
21.291
53.393
69 ,0 0 0
7,166
19,51*
2-2,188
3 9 .2 3 7
9,341
804
2.437
9
28,6 1 1
2 2 ,3 7 5
11 .3 0 7
1 2 3 ,2 5 1
6 Y300
7 6 .6 2 6
4 6 2 .0 0 0
72.6 9 5
1 9 9 .0 8 3
7 2 ,6 7 0
85,4 6 3
60.091
6 2 4 ,5 2 6
20 ,1 8 9
3 0 .6 7 4
1 2 ,2 2 9
2 5 7 .913
30,8 6 7
15.3 2 7
146, f 0
23,232
3 4 ,5 8 0
5 .2 1 4
18,8 0 7
5 0 ,4 9 2
4 4 ,6 5 0
4 .2 7 0
2 0 ,5 4 1
2 0 ,4 3 1
3 5 ,8 2
7 ,5 1 2
781
2 ,3 1 3
4 2 9 ,5 1 1
Increase.
4 6 7 ,5 8 3
47,1 1 2
32.921
11.3 7 4
7 3 .7 8 5
25.517
3.574
53,174
8.453
5 8 ,7 9 8
2 7 .5 1 4
3 9 9 ,9 1 5
2 5 5 .0 3 2
113/208
35,7 7 4
68.797
141,503
337,001
19.000
73,794
167.917
3 6 9 .2 1 8
2 0 ,0 ^ 0
146.792
14,293
75.5 6 5
9,0 1 2
6 8 .1 0 0
20,451
106.581
04.501
3 5 6 .227
20,677
9 9 ,8 1 3
3 3 .8 K
17,675
4 5 ,2 * 9
>
250,951
50,500
29,21 f
106.884
7 ,1 3 0 ,1 9 (
9
3 ,6 4 3
5«1
58L
__
9,661
1 3 ,0 0 0
7 ,4 8 0
19,9 0 9
8,011
7 .8 4 9
2 ,6 2 3
1,8 7 6
733
1,2 3 0
1 1 ,9 5 6
3 ,7 0 6
12,9 0 0
_ _
8,2 7 9
T». -
2,484
2,901
2 4 ,4 1 0
2 .8 9 0
D ecrease.
s
........
.....
10,605
8 ,1 6 0
........
14,9 78
2 ,3 3 2
102
168
9 94
1,757
3,415
1,829
23
174
3 8 ,0 7 2
4 4 ,2 6 9
2 9 ,2 7 2
8 .8 4 9
7 1 ,5 3 7
16,4 7 5
3.371
3 3 ,9 6 2
1 0 .0 6 2
6 6 .-5 1
2 4 ,1 2 0
3 7 8 ,4 2 5
25 *,338
*110.328
4 6 .3 0 2
6 6 .9 6 2
1 3 9 ,5 6 4
3 6 0 .0 0 0
1 ^,00
77,2 0 9
1 8 1 ,309
3 2 6 ,2 2 20,231
1 0 7 ,9 2 0
14,391
70.7 0 2
8,1 0 0
61.10*
17,394
99 ,8 9 0
7 4 ,1 0 0
329/276
21.8 4 9
98 ,5 1 7
39 .1 2 2
17,018
44, 0 5
212,89-5
54,5 0 0
22,726
89/253
2 ,8 4 3
3,6 4 9
2.525
2,2 4 8
9 ,0 4 2
2u3
1 9 ,2 1 2
6 ,3 1 4 ,4 0 2
4 5 4 ,403
3 2 1 .7 8 8
3,394
2 1 ,5 1 0
1,694
2,*$80
1,835
1.9 39
2 7 ,0 0 0
4 ,0 0 0
42,9 9 1
33 ,8 7 3
4,8 6 3
912
7 .0 0
3.0 6 7
6,69y
26.951
3 ,2 3 0
57
654
33.0 6 4
5.490
17,631
1,609
7 ,8 5 3
10 ,588
3.415
1 3 ,392
163
98
9 ,6 0 0
1,172
5,312
4,003
..............
132,615
Net Earnings Monthly to Latest Hate?.—The table follow
ing shows the gross and net earnings of Steam railroads
reported this week. A full detailed statem ent, including a'l
roads from whioh monthly returns can he obtained, is given
onoe a month in these oolutnns, and the latest statement ol
this kind will be found in the Chronicle of June 18, 1898,
The next will appear in the issue of .July 28, 1898.
----- Gross g a m in g s . -----** g e t Earnings. —
----1898.
1897*
1898.
1897.
$
$
9
9
A lab am a GkBonf b . a M i j
1 3 1 ,5 1 3
118,4,55
2 3 .4 9 3
14.7 69
J » « ) tn M*»j 3 1 . . . .
7 0 1 ,7 6 4
6 2 0 ,* 7 7
1 6 9 .5 6 1
1 3 3 .4 >7
J u l y 1 to M ay 3 1
1,606.7*22 1 .4 7 9 ,9 2 3
5 2 3 ,0 0 3
4 7 1 ,2 7 0
goads,
----- G ross E a r n in g s .----- .. — ATef E a r n in g s .-----18 9 8 .
1897.
1898
19 9 7 .
9
$
$
$
A lle g h e n y V a P c y .b .M a y
2 1 4 ,3 0 8
2 0 6 ,1 6 8
74 0 7 3
8 3 ,6 4 0
J a n . 1 to M ay 31 . . . 1 ,0 4 6 ,8 5 8
9 3 1 ,8 4 8
3 9 5 , w80
3 4 1 .0 0 1
Atoll. T o p . A 9. F o b . . M a y 3 .2 8 h 4 7 0 2 ,'0 3 .6 2 5
1789.600
1556.392
J a n . 1 to M ay 31 —.1 5 ,7 8 7 .8 1 4 1 1,362. >79 3.78-1,730 2 ,6 9 1 ,0 6 5
J u l y l to M ay 3 1 ___ 3 6 ,2 1 3 ,5 9 9 3 J,9 1 5 .0 1 9 110 > 16 1 2 0 (7 ,9 5 9 ,7 1 2
B utt R o o h .* P itts . b .M a y
3 1 8 .3 0 5
29 5 8 9 0
1 0 8 ,1 K9
8 0 ,5 8 2
J in . 1 to M ay 31 . . . 1,4.81,153 1 .2 9 3 815
5 0 5 .3 4 6
4 1 1 .5 2 9
J u ly 1 to M ay 3 1 . . . . 3 .3 8 1 0 0 1 3.0 > 8 ,8 U ) 1 ,1 9 8 .5 3 6 1 ,0 2 0 ,8 0 5
C a n a d ia n P a o 1 I1 a .a ..M ay 2 ,2 5 2 ,9 0 9 1 .9 8 0 ,2 0 5
9 7 6 .6 6 2
8 7 5 ,5 7 0
J a n . 1 to M ay 3 1 ___ 0 .1 5 7 ,9 0 9 7 ,7 1 2 ,1 1 7 3 ,3 3 6 ,2 8 1 2 ,7 8 1 ,0 6 6
O e n t. o f ( J e o r g la .a ..M a y
3 3 8 ,8 7 1
33 >.328
6 6 ,7 3 9
6 2 ,2 1 6
5 7 0 ,8 2 1
6 0 ,7 4 4
J a n . 1 to M ay 3 1 ___ 2 ,1 0 7 .7 9 8 2 ,0 1 8 .7 3
J u l y 1 to Slay 3 1 . . . . 5 ,1 5 0 ,8 1 4 4 ,9 1 8 .9 3 3 1 ,7 6 9 ,9 5 6 1 ,7 5 7 ,2 3 4
O ent. o f 18. J e r s e y .a .M a y
9 5 5 .3 1 1
9 '6 3 7 6
3 5 3 ,2 5 0
3 4 1 ,1 4 6
J a n . 1 to M ay 3 1 . . . 1 ,0 9 3 ,7 4 9 4 ,5 0 0 >15 1 ,6 0 2 .7 2 6 1 ,4 3 5 ,0 6 5
O hes. * O llio a . .. .. M a y
9 5 6 ,3 4 7
8 5 1 ,5 8 2
2 7 5 .1 2 9
2 5 5 ,4 5 8
J a n . 1 to M ay 3 1 ----- 4 7 3 9 8 13 4 .4 8 8 .1 2 1 1 .4 3 9 .4 2 1 1 ,2 9 0 ,6 0 7
J u l y 1 t o M ay 3 1 ....1 0 .7 8 7 ,5 7 5 9 .8 4 6 .6 5 1 3 ,4 7 2 ,1 3 2 3 ,1 6 1 .2 7 5
Ohio. S u r l.& Q u tn .b ..M a y 3 ,5 5 1 ,5 9 7 2 ,8 0 6 ,0 6 1 1 ,0 5 5 ,3 5 7
8 3 8 ,6 8 2
J a i l . 1 t o M ay 3 1 ....1 6 .6 5 8 ,8 0 3 1 3 .9 1 9 .7 1 4 5 ,9 1 2 ,5 7 1 5 ,3 2 6 ,3 3 5
J u l y 1 to M ay 3 1 ..3 9 ,6 0 7 ,2 1 3 3 2 .5 0 4 .0 53 1 5 ,8 2 8 ,1 9 4 1 3 ,3 7 0 ,3 1 0
O hio. M. <s at. P a . . . M a y 2 ,7 5 5 182 2 ,3 5 9 ,6 4 0
5
9 8 5 ,9 8 2
7 8 9 .6 2 8
J a n . 1 to M ay 3 1 ....1 3 .0 1 3 ,0 5 8 1 1 ,0 2 9 .9 2 4 4,4 5 1 6 2 2 4 ,0 3 0 ,5 7 0
J u ly 1 t o M ay 3 1 . __ 3 1 ,4 4 3 .3 3 9 2 7 ,7 6 s ,208 1 1 ,9 8 1 ,7 0 8 1 0 ,8 1 5 .1 4 7
O ieve. C a n to n * S o.. M ay
6 1 .0 3 4
5 7 .3 6 3
9 ,1 0 9
1 1 ,1 6 0
J a n . 1 to M ay 31 . . .
2 7 1 ,4 9 5
2 5 5 ,6 3 1
3 2 ,( 0 7
3 3 ,6 8 9
J u l y 1 to M ay 3 L , . . .
6 2 7 ,5 1 1
6 3 2 .2 8 0
1 2 0 ,0 4 3
1 0 1 ,5 5 1
O lev L or. * W heel.aA .pr.
1 3 2 .2 2 9
1 1 2 .8 8 4
3 8 .5 4 6
3 1 ,5 0 9
J a n . 1 to A p r. 3 0 ___
4 9 4 .1 2 8
3 7 1 ,9 0 1
J u l y l to A pr. 3 0 . . . 1 ,2 6 3 .5 3 7
9 7 0 ,3 3 6
4 1 4 ,1 2 1
2 9 8 ,2 4 4
C o lu m b u s G a s O o ___ M ay
.......................................
6 , 8 '9
7 ,8 5 0
J a n . I to M ay 3 1 .......................................................
5 7 .S 5 0
6 1 ,0 7 5
A p r. 1 to M ay 31 . ..................................................
,1 6 ,8 54
1 6 ,1 6 1
E rie . a ............................M ay 2 ,8 2 6 .3 2 8 2 ,7 1 6 .8 7 5
7 2 1 ,0 3 4
7 1 0 ,3 3 5
J a n . 1 to M ay 3 1 ...1 2 ,7 6 6 .6 9 3 1 1 .9 8 9 ,3 1 1 2 ,6 5 2.977 2 ,5 3 2 ,4 0 1
J u ly 1 to M ay 31 ...3 1 ,0 0 7 ,6 6 1 28,5 <0.234 7 ,7 6 3 ,6 4 2 7 ,3 1 8 ,2 1 0
Q e o r g i a . a . . . ...............M ay
1 0 6 ,1 5 3
1 6 ,3 6 6
1 0 0 ,1 1 9
7 .2 1 0
J a n . 1 to M ay 3 L ___
6 4 7 ,0 2 3
1 3 2 .8 4 0
6 2 9 ,0 8 6
1 5 2 ,9 4 0
J n ly 1 to M ay 3 1 ___ 1 ,5 2 9 ,8 9 5 1 ,4 9 3 ,4 8 6
*390 .4 9 3 ‘ 4 4 6 .7 9 8
GW. R ap id s A l a d . a . M a y
1 9 5 ,6 2 4
1 8 5 ,6 4 6
3 2 ,2 0 2
3 9 ,3 1 9
J a n . 1 to M ay 31 . . . 1 ,0 4 9 ,5 5 7
2 4 3 ,1 6 9
9 5 1 ,3 0 0
2 3 8 ,3 9 3
Io w a O e n tr a l.b ........ M ay
1 68,939
4 7 ,8 0 5
1 3 1 .6 2 6
3 9 ,0 4 2
6 1 8 .6 -9
J a n . 1 to M ay 3 1 ___
1 7 2 ,7 1 9
7 3 9 ,7 5 5
2 1 1 .0 5 7
J u l y 1 t o M ay 3 1 ___ 1 ,7 1 6 ,4 8 0 1 ,4 3 0 ,1 1 2
5 5 5 .2 8 5
4 2 7 ,8 3 4
J a c k . T a in . A K , W .b .M ay
3 0 ,4 0 6
4 .2 9 6
2 5 ,9 1 8
4 ,7 9 0
J a n . 1 to M ay 3 1 ___
1 5 7 ,3 8 3
3 0 ,3 5 6
1 4 1 ,6 7 8
2 5 ,9 5 2
A pr. 1 t o M ay 31 . . .
1 2 ,1 6 2
6 1 ,4 3 9
1 1 ,9 4 7
5 4 ,1 4 6
L e h ig h V a lle y R R ..M a y 1 ,3 9 9 .2 1 3 1 ,3 9 8 ,1 9 7
2 6 3 ,4 4 2
2 1 1 ,9 0 2
J a n 1 to M ay 3 1 . . . . 6 ,9 3 6 ,9 2 9 6 ,7 2 1 ,3 3 7 1 ,5 2 8 .-3 9 1 ,1 1 9 ,6 7 5
D eo. 1 to M .y 3 1 . . . 8 ,1 7 6 .0 1 0 8 ,2 7 5 .6 7 6 1 ,9 9 2 ,7 2 1 1 ,5 0 8 ,5 9 8
L e h ig h V a l. C oal Co M ay 1 ,0 5 9 ,2 7 2
9 0 8 ,8 2 1 d e f.6 6 ,4 2 5 d e f.3 3 ,5 6 2
J a n . 1 to M ay 3 1 . . . . 5 ,3 3 5 ,1 7 7 5 ,1 4 1 ,5 5 4 d f . i 7 l . 9 7 6 d f .2 5 8 ,7 8 7
D eo. 1 to M ay 3 1 . . . 6 ,8 1 4 ,1 5 1 6 ,6 0 4 ,3 1 8 d l . 3 s l . 3 7 l 0 1 .288.363
L o n g I s la n d R K b ,..M a y
4 0 1 ,7 1 7
3 4 3 ,1 4 1
1 3 4 ,1 6 9
1 1 6 ,8 2 9
J a n . I to M ay 3 1 . . . . 1 ,3 9 3 ,3 4 0 I , 2 .i 5 . l 8 2
2 2 4 ,5 * 3
1 7 9 ,7 8 0
J u ly 1 to M ay 3 1 ___ 3 ,8 8 8 ,9 3 1 3 ,5 2 8 .1 1 4 1 ,1 4 3 ,1 2 5 1 ,0 3 7 ,2 8 1
3 7 6 ,2 1 3
L o n g M ’d R R S y s .b M a y
1 2 3 ,9 0 6
1 1 6 ,3 1 2
1 3 8 ,2 0 8
J a n . 1 to M ay 3 1 ___ 1 ,4 5 5 ,1 8 3 1 ,3 2 2 ,1 0 5
2 0 9 .0 19
1 5 0 ,0 2 2
J u l y 1 to M ay 31 . . . 4 ,2 0 2 ,1 5 7 3 ,8 5 6 ,9 3 7 1 ,2 4 0 ,9 5 4 1 ,1 0 0 ,4 2 4
L o u isv . & N a s h v .b , .M ay 1 ,8 5 1 ,6 1 9 1 6 3 1 ,0 3 5
5 2 2 .9 7 5
5 3 1 .1 0 8
J a n . I t o M ay 3 1 . . . 9 ,0 4 1 ,4 7 8 8 ,1 1 3 ,7 3 8 2 ,7 4 3 ,1 2 8 2 ,4 9 1 ,9 6 8
J u ly 1 to M ay 31 ...2 0 ,1 1 6 ,2 9 3 1 8 ,7 1 1 ,6 5 7 6 ,5 5 3 ,5 1 5 6 ,0 2 6 ,2 2 2
M ad iso n <4as& E leo ,.M a y
..............
3 ,9 2 0
2 .8 7 0
J a n . 1 to M ay 3 1 ..............................
1 9 ,8 8 7
2 1 ,8 8 3
A p r. I t o M a y 3 1 . . . ........................
6 ,5 9 0
7 ,4 2 0
M ex ican C e n t r a l.......M ay 1 ,1 6 5 ,6 5 5 1 ,0 9 0 .3 3 0
4 6 6 .5 3 0
3 4 1 ,0 5 8
J a n . 1 to M ay 31 . . . 5 .6 3 5 ,0 3 8 5 .1 8 0 ,9 1 3 1 ,7 7 3 ,9 7 7 1 ,8 7 5 ,7 9 1
M inn. & 8 t. L o u is .a ..M a y
1 8 6 ,5 4 7
5 5 ,9 1 8
1 5 3 ,6 7 4
4 5 ,7 9 0
8 2 7 ,7 7 2
J a n . 1 to M ay 3 1 ___
2 9 6 ,7 1 1
2 4 9 ,6 6 9
7 1 4 .8 1 3
J u ly 1 to M ay 3 1 ___ 2 ,0 7 1 ,1 0 3 1 ,8 1 1 ,9 9 7
8 1 9 ,5 0 4
7 4 2 ,0 6 6
N, Y. O n t. & W e s t.a .M a y
2 7 5 ,7 1 9
4 9 ,0 0 2
2 9 9 ,0 0 8
6 4 ,5 5 2
J a n . 1 to M ay 3 1 ___ 1 ,1 1 6 .3 10 1,418,"2.5
3 2 5 ,1 0 1
3 2 7 .9 0 7
J u ly 1 t o M ay 3 1 . —. 3 ,5 9 8 ,9 0 1 3 ,5 4 1 ,7 3 0 1 ,0 1 9 ,3 9 2 1 ,0 2 1 ,6 1 8
N .Y .Sus. & W e s t . b .. M ay
1 8 5 ,9 5 0
8 4 .7 4 3
1 8 1 ,9 2 2
8 6 ,6 4 4
J a n . I t o M >y 3 1 ___
8 8 8 ,2 5 0
3 6 3 ,4 6 4
3 8 0 ,4 4 7
8 2 6 ,6 6 3
J u ly 1 to M ay 3 1 ___ 2 ,1 2 0 ,2 8 2 2 ,0 6 6 ,2 8 6
9 2 9 ,5 4 6
9 7 2 ,8 6 6
P e n n s y lv a n ia —
L in e s d ir e c tly o p e r a te d —
E a s t o f P it ts a c E . M ay 5 .3 9 9 .7 6 7 5 ,0 8 5 ,5 6 7 1.038 ,6 9 7 1 .6 0 9 ,2 9 7
J a n . 1 to S la y 31 ...2 6 ,1 1 4 ,9 7 6 2 1 .1 0 1 ,1 7 6 7 ,3 1 0 ,8 2 5 7 ,1 6 0 ,1 2 5
W e s to t P itts . A E M ay
D eo.
8 5 .2 0 0
I u o . 3 8 1 ,9 0 0
J a n . 1 to M ay 3 1 —. .
I n o . 2 .1 6 7 ,1 0 0
I u o . 4 0 7 .0 0 0
P e o r ia D eo. * R v ..b ,F e b .
7 8 405
7 0 ,1 8 2
2 4 6 18
2 3 ,2 1 5
J a n . 1 to F e b . 26 . . . .
1 4 9 .8 3 0
1 4 0 ,1 9 4
4 3 .8 s l
4 3 .2 9 0
P h ila . A R e a d in g b .M a y 1 ,6 9 7 ,5 4 8 1 ,6 1 3 ,1 0 2
6 3 1 ,1 0 9
5 8 8 ,2 6 1
J a n . I to d a y 3L ___ 8 .2 8 0 ,4 0 5 7 ,7 1 9 ,9 0 1 3 ,2 6 8 .9 2 9 3 ,1 1 4 .4 5 0
J u ly 1 to M ay 31 ...2 0 ,1 6 6 ,5 7 0 1 8 ,9 3 7 ,4 6 1 8 .8 2 1 ,5 5 7 8 ,2 8 7 ,4 4 4
C o al < I r o n G o ., b .M a y 1 ,8 0 2 ,8 5 1 1 ,6 3 7 ,6 0 9 d e f.4 7 ,2 5 2 d e t.9 0 ,2 8 0
fc
J a o . 1 to M ay 31 . . . 7 ,9 3 1 ,5 8 8 7 .1 3 6 ,3 6 2 d f.2 4 8 ,7 0 9 (11.593,810
J u ly 1 to M ay 3 1 ...2 1 ,3 1 4 ,4 5 0 1 9 ,5 1 7 ,7 9 0
5 6 9 ,1 1 3
1 3 7 ,2 1 9
T o ta l b o th Co’s .b ..M a y 3 ,5 0 0 .3 9 7 3 ,2 5 1 ,7 1 1
5 8 3 ,8 5 7
4 9 7 ,9 8 1
J a u . 1 to M ay 3 1 . ...1 6 .2 1 1 ,9 7 3 1 4 ,9 0 6 ,2 6 3 3 .0 2 0 ,2 2 0 2 ,5 2 0 ,6 3 4
J u ly 1 to M ay 31 ...4 1 ,4 8 1 ,0 2 0 3 8 ,4 3 5 ,2 5 4 9 ,3 9 0 ,9 7 0 8 ,4 0 4 ,8 6 3
......................................
2 3 ,1 5 7
3 4 ,9 5 7
R e a d in g OomD’y b .M a y
J u ly I t o M ay 31 ...................................................
3 1 0 ,9 1 9
3 1 4 ,0 0 9
T o ta l a ll C o in o’s . b . M ay
......................................
6 9 7 ,3 1 4
532 938
J u l y 1 to M ay 3 1 ..................................................... 9 ,7 0 1 ,8 8 9 8 ,7 1 8 .0 7 2
Rio S r ’n d e S o u th , b .. M ay
3 9 ,6 8 0
3 2 .6 0 5
2 2 ,0 8 7
1 4 ,4 2 4
J a u . 1 to M ay 31 . . .
1 7 9 ,0 0 9
1 3 9 ,8 5 7
9 2 ,8 9 8
5 2 ,7 0 0
J u l y 1 to M ay 3 1 . . . .
3 9 1 ,5 7 1
3 6 6 ,5 4 4
1 7 9 .3 1 9
1 5 0 .7 1 7
Bt. J o a . & <M. te l.. a .M a y
9 6 ,9 3 5
8 1 .1 9 5
2 3 ,6 6 3
11 3 98
J a u . 1 to M ay S i . . . .
4 9 3 .9 1 4
4 3 7 .4 7 4
1 5 3 ,1 8 2
1 1 3 ,5 7 6
J u ly 1 to M ay 31 . . . 1 ,1 5 3 .5 5 6
8 7 3 ,4 3 9
4 0 8 ,5 0 1
1 8 1 ,0 3 8
8 t. L o u ts < t8 a o F r . b May
5 7 7 .2 0 4
5 1 1 .3 7 0
2 3 0 ,0 3 9
1 9 2 ,5 5 0
J a o . 1 to M ay 31 . . .
2 .7 6 9 .9 1 1 2 ,4 0 3 ,9 1 0 1 .0 7 2 ,2 8 2
9 5 9 ,5 0 0
J u ly 1 to M ay 3 1 . . .
0 ,3 7 9 .6 8 8 5 ,5 2 4 ,8 4 7 2 ,6 3 2 ,9 7 7 2 ,3 7 0 ,8 9 0
S o u th e rn R a ilw a y s M ay 1 ,7 4 0 ,0 1 2 1 ,4 7 4 .M 8
4 6 1 .4 3 1
3 1 3 ,8 9 2
J a n . 1 to M ay 3 1 —
8 .5 5 7 ,4 8 4 7 ,8 0 7 .9 7 9 2 ,6 2 0 .4 8 0 2 2 4 1 .9 1 1
J u ly 1 to M ay 31 ...1 9 ,0 5 1 ,2 3 9 1 7 ,0 4 6 .5 6 5 6 ,1 2 1 ,5 6 5 5 ,5 4 1 ,2 6 6
W a b a s h .b ........ ........M a y l , 1 4 t ,6 7 6
9 3 1 ,1 7 7
2 7 7 ,4 6 8
2 9 4 ,9 4 4
J a n . 1 to M ay 3 1 — 5 ,3 0 3 ,8 2 3 4.44 1. 8 5 1 .3 9 2 .4 5 1 1 ,3 4 9 ,7 2 6
J u ly 1 to M a y 31 — 1 2 ,1 1 7 .2 9 9 4 0 ,5 7 7 ,8 >5 3 ,0 2 5 ,8 9 2 3 ,2 5 0 ,4 6 6
W. J e r s e y * 9«»»'e. b M a y
1 8 3 ,7 5 0
1 9 4 ,3 8 3
2 3 .3 1 7
3 8 ,0 0 0
J a n . 1 to M ay 3 1 . . . .
8 2 8 ,8 2 7
8 0 1 ,8 4 4
1 2 7 ,2 7 7
1 2 0 ,2 5 2
Rrvut*.
w n tM f e s * K **t
■wn. Col. A Aug,
W U eo n sio O u t
W Y l<ht»v.£Teu
Y o rk S o u th e rn
[VOL. LXVII,
J
u ly
THE CHRONICLE.
2, 1898,|
NORTHERN
P A C IF IC .
J u l y 1 to
M a y , 1 8 9 3 . M a y , 1 8 9 7 . M a y 3 1 ,’98.
G ro ss e a r n in g s ........ ........................... . $ i ,9 L8, i 94 <51,470 0 1 4 $ 2 t, 9 4 9 ,i 0 t
O p e ra tin g e x p e n s e s ............................. 1 ,1 2 4 .9 7 7
1, 4 5 .1 4 7 1 1 ,1 9 0 .5 6 3
N e t e a r n i n g s . . . . .......... ........... . . . $ 7 9 3 ,2 17
7 0 ,5 5 0
T a r - s ................. ........................................
$ i2 4 ,|3 ''7 $ 1 0 ,7 5 8 ,8 1 1
4 2 ,9 0 0
6 1 2 ,2 5 0
N e t o p e r a tin g i n c o m e ........ . . .
M lsoel. in c o m e ,n o t in c h la n d sa le s.
$ 7 2 2,6 6 7
2 2 ,3 7 6
$ 3 3 1 9 5 7 $ 1 0 ,1 1 6 ,5 9 1
3 1 .5 7 2
3 0 8 ,1 4 9
$ 7 4 5 ,0 4 3
$ 4 1 3 ,5 3 9 $ 1 0 ,4 5 4 ,7 4 0
T o ta l n e t in o o m e ........... .
a N e t e a r n in g s tie re g iv e n a r e a f t e r d e d u c tin g ta x e s .
t> N e t e a r n in e s h e re g iv e n a r e b e fo re d e d u c tin g ta x e s .
* A fte r a llo w in g fo r o th e r in o o m e re c e iv e d , t o t a l n e t fr o m J u ly 1 to
M ay 31 w a s $45 <,021, a g a in s t $5 39,598.
t F o r M ay , 1 8 9 8 , ta x e s a n d r o n ta is a m o u n te d to $ 1 4 5 ,7 7 2 , a g a in s t
$ 2 0 6 ,6 5 9 . a n d fro m J u ly 1 to M ay 31 $ 1 ,5 6 3 ,8 0 7 , a g a ia a t $ 1 ,9 3 6 ,4 7 2 ,
a f t e r d e d u c tin g w h io h , n e t fo r M ay, 1898, w as $ 3 1 3 ,9 1 8 . a g a in st
$ 3 4 9 ,7 3 3 . F ro m J u ly 1 to M av 3 i , n e t, a f t e r d e d u c tin g ta x e s a n d
r e n ta ls , is $ 8 ,4 4 7 ,3 1 9 , a g a i n s t $ 6 ,0 2 3 ,2 4 0 .
In tere st Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the fore
going, also rep irt oharges for interest, &o., w ith the surplus
or dei oit above or below those oharges.
— I n i., R e n ta ls , (6 c.—— .—B a t. o f y c t 'X a m ’qs..
1898.
1897.
1898.
1897.
*
$
$
*
8 7 6 ,2 0 1
8 9 0 ,0 0 0
1 6 5 ,3 5 7 d e f.3 7 ,5 3 9
9 .7 9 0 ,0 0 0 9 ,6 3 3 ,2 2 1 5 ,8 3 8 .4 9 4 3 ,7 3 2 .6 3 9
1 0 6 ,6 8 4
1 0 3 ,961
*30,648
•20,151
1 ,1 2 8 .1 9 3 1 ,1 3 4 ,7 3 4
*125,3JO
•d f.4 .7 8 1
113 2 6 9
V 3 .2 9 0
1 1 8 ,0 8 1
♦8,326
1 .2 5 0 ,9 6 9 1 ,2 5 6 ,8 6 9
*98,353 *df. 63,753
Roarlt.
O hio, f u rl.& Q n in o y .M a y
J u ly 1 to M ay 3 1 . . . .
L o n g Is la n d RK .......M ay
J u l y 1 to M av 3 ........
L o n g I s la n d RR. 8y s.M ay
J u ly 1 to M y 3 1 ___
P h ila d e lp h ia «fc R e a d in g A ll c o m p a n ie s ...M a y
J u ly 1 to M ay 3 i . . .
R io G ra n d e 8o u th ’n M ay
J u l y 1 to M ay 3 1 ___
7 4 5 ,0 0 0
8 ,l95,uO O
1 7 ,8 9 ■
<
1 7 4 ,3 3 2
14,165
1 5 4 .9 8 7
d f .l 3 7 ,6 8 6
1 ,5 0 6 ,8 8 9
4 ,1 8 9
4 ,9 8 7
259
4,730
* A lte r allow ing fo r o th e r incom e reoeived.
GRO 88
E a r n in g s .
25
L a te s t G ross E a rn in g s.
W eek o r Mo
1898
J a n . 1 to L atest D at
1897.
1898.
1897.
S
$
$
U nio n (N. B e d fo rd ).. M a y ............ 15.515 18,159
71 485
83,881
O n ite d T rac t. (P itts .) M i y ............ 133 513
5 9 6 .-9 5
U n ite d T ra e t. (P ro v .j M ay............ 1 4 3 ,5 7 1 117,2 )6 6 8.8 lc
660*014
U nit. T rac . (R e ad iag ) A p ril.......... 14,029 13.260
50,7 i l
47.532
W akefield A 8to n e __ M .y ............
4,861
4.380
19,157
19.437
W a te rb u ry T ra c tio n . M t v ............ 2 t ,985 2 2,413 103.05
94.958
W est C h ic ag o S t. Ry Wk J u u e 2 6 8 1 ,3 8 i 8 ),79 i. 8 19,413
1,777.639
W heeling R a ilw a y ... M aro h ........ 12,45 j 12.441
39, )76
36.532
W ilkeab. & Wy. Valley M ay............ 42.422 41.301 194,74
______________________
188,688
* T nolailes B a ltim o re T r a c tio n a m i C itv A S u b u rb a n fo r b o th y e a rs.
, ’
? i r a o o 'u m e a o e l n n m la < o n B ro o lu v a B r ltu e F e b ru a ry 16.
1893, w h ic h aooouacs fo r d e c re a s e in o im u a n y 's earmi g*i
t Strife© d u r in g 15 d a y s o f M aroh, 1893; no o a rs ru n n in g .
Street Railway Net Earning!.—The following table gives
the returns of S t r e e t railway gross and aetearniags received
this week. la reporting these net earnings for the street rail
ways, we adopt the same plan as th at f ir the steam roads—
that is, we priat each week all the returns reoeived that
week, but once a mouth (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this kind will be f mad in the C h r o n ic l e
of June 18, 1893. The next will appear in the issue of July
23, 1898.
J
-
Brass E a r n in g t.
>
1898.
1897.
$
$
1,9 3 2
1,721
7 ,54,1
7 ,0 1 3
1 2 ,3 3 5
1 2 ,085
56,951
5 2 .568
2 6 .842
26.784
1 2 1 ,4 0 8 1 2 1 ,4 0 9
6 4 ,5 9 8
6 2 ,2 4 2
2 8 2 ,8 6 4
2 76,563
3 6 ,9 2 7
3 6 .8 6 5
1 5 6 ,9 1 4
1 5 1 ,3 1 6
12 7 ,2 9 1
1 21,408
5 6 8 ,7 3 2 5 4 3 .0 8 8
1 1 8 .0 5 6
1 19,810
5 1 2 ,7 -3
5 '3 ,3 5 6
8 4 9 ,3 3 0
821,274
3 1 .5 8 0
3 2 ,2 1 7
1 3 8 ,9 4 4
1 27.452
4 2 ,4 2 2
4 1 ,3 0 1
1 9 4 ,7 4 7
188,668
R e t E a m m g s .1898.
18 9 7 .
$
*
816
214
991
1,441
5.456
4,7 7 3
18.H02
15,785
3.693
6 .4 0 6
3 6 ,4 7 0
31.079
2 6 .005
2 7 .272
1 09,120
116.038
15.616
1 4 ,999
5 0 .454
5 5 ,2 6 6
5 2 .394
4 2 ,6 2 7
2 33.801
19 1 ,1 7 4
47,158
4 6 ,653
173.166
1 7 7 ,4 1 6
3 0 3 ,9 4 9
2 9 8 ,3 8 9
1 3 .587
16,567
5 5 ,8 18
5 4 ,976
2 2 ," 8 7
2 3 ,049
108,811
9 9 ,6 8 0
and S n rp lu s—The following S t r e e t
to their gross and net earnings given i n
R oads.
B a tb 8t. R y .(M a in e ).M a y
J a n . 1 to M ay 3 1 ___
B in g h a m to n S t. R y ..M a y
J a n . 1 to M ay 3 1 . . . .
B ro o k to n C on.S t. R y .M a y
J a n . 1 to M ay 31 . . .
D e n v e r C on. T ra m w ..M a y
J a n . 1 to M ay 3 1 . __
L o w e ll L a w r’o e * H .M a y
J a n . 1 to M ay 3 1 ___
Slew O rle a n s T r a c t..M a y
J a n . 1 to M ay 31 . . .
H o rth S h o re T r a o t’n.. M ay
JaD . I to M ay 3 1 . . . .
Ooc. 1 to M ay 31 . . .
P a te rs o n R a ilw a y ....M a y
J a n . 1 to M ay 3 1 . . . .
W U kesb.& W y.V y.T r M ay
J a n . 1 to M ay 31 . . .
STREET RA.ILWITS kS l) TfU C riO X C 01PA N IES
The following table shows the g r o s s earnings for the latest
period of all s t r e e t railways from whioh we are able to ob
tain weekly or monthly returns. The arrangement of the
table is the same as th at for the steam roads— at is, the
th
first two columns of figures give tha gross earnings for the
latest week or month, aad the last two columns the earnings
Interest
for the calendar year from January 1 to and including auob railways, in Cnarges
addition
latest week or month.
the foregoing, also report charges for interest, &o., with the
S T R E E T R A IL W A Y 8 A N D T R A C T IO N O O M PA .N IE8.
surplus or defioit above or below those oharges.
G ross
E a rnings .
L atest Gross E a r n in g s .
Week o r Mo
A k ro n B e d f d A C lev M a y ............
A p ril..........
A m s te rd a m 8t R y .
A tla n ta R a ilw a y . . . M ay............
B a ltim o re C on. R y .* ... M ay............
B a th 8t. Ry. (M aine). M a y ............
B a y C itie s C o n so l___ M ay............
B in g h a m to n 8 t. R y ... M a y ............
B rid g e p o rt T r a c tio n . A p ril . . . .
B ro c k to n C on. S t. Rv. -May............
B ro o k ly n E ie v a te d f. A p r i l ..........
B r'k ly n R ap. T r. C o.—
B ro o k ly n H e ig h ts (
B ’k ly n t^ ’n s A Sub. $ M a y ............
C h a rle sto n C itv R y .. M ky ..........
<Jin. & M iam i V a l.. .. M a y ............
C itiz e n s ’ S t R y . J n d p . A p ril .......
C ltlz n s’(M u n c le In d .) -May............
C ity E lec. <R u u e .G a j M a y ............
C le v e la n d E le c trio .. •av . . . . . .
C leve. P a tn s v . & E
M ay ............
C o ia m b u s S t. Ry. (O.) M a y ..........
C o n so ll'd T rao . (N. J .) A p r i l ........
D a n v .G a s El. L i g h t*
S tr e e t R y ................... A p ril..........
D e n v e r C on. T r a m w .. M a y . ..........
D e tr o it C iti’n s ’ S t. Ry 2 w ks J u n e
D e tr o it Eleo. R y .......... M ay ............
-D a lu th S t. R y ______ M a y ............
E r ie E leo. M o to r Co . F e b ru a ry ..
•F t. W ay n e A B elle
I s la n d (D e tro l! ) . . . . M ay . . . . . .
G a lv e a io n C ity R y ...
H a r r is b u r g T r a c tio a . M a y ............
H e rk im e r M o h aw k E
l
io n a F’k fo r t El. Ry. A p ril..........
H o u s to n E leo. S t. Ry. M a rc h ........
I n t e r s t a t e O oosol. ol
N o rth A ttle b o r o .... M aro h ........
K in g s to n C ity R y___ M a y ............
L e h ig h T r a c tio a ........ M a y ............
L o n d o n St. Ry. (Can.) M a y ............
L o w e ll L aw . A H av_. M a y ............
M e tro p .(K a n s a s C ityj 3 -lw k J u n e
M e6ro. W. S id e (Chio.i M a y ............
M o n tg o m e ry S t. Ry M ay ............
M o n tre a l S tr e e t R y ... J a y ............
N a ssa u Eleo. (R 'klyo* M ay ............
N e w b u r g S t R y ......... M a y ............
N ew L o u d o u S t. R y .. M a y ............
N e w O rle a n sT ra c tlo fi M ay ............
N o rfo lk S t. R y............. M t y ............
N o rth C hio. S t. R y ... M ay.
N o rth S h o re T ra c tio n M l y ............
O g d e n sb n rg S t. K y ... M w ............
P a te r s o n K y ............... M ay............
R ic h m o n d T r a c tio n .. M ay ............
R o x b ’h O h fl A N ot' d M .y ............
Sc h u y lk ill Val. Trao. M \ y ............
S c ra n to n A <'a rb o n d ’e M t / ............
S c ra n to n A P itts to a M a y ............
S c ra n to n R a ilw a y _ M av ..........
_
S y ra c u s e R ap . T r. By. A n ril ........
T o ro n to Rv . . . .
T w in H itr R un r r „ • M av. . . . .
18 9 8 .
1897
J a n . 1 to L atest Date
1898.
1897.
9
$
$
31,3911
7 .9 5 0
32,897
9.4781
3.604
15,7241
3,w0«
14.061
3 5 ,1 7 1
32.083
9 ,2 9 1
8,485
2 I i , 1 4 t 207.748! 8 8 8 .738 8 6 8 .U 4
7 , 0 13
7,541
1,93
1.721
31.084
3 1 .1 6 6
6,3311 6 ,6 4
56,951
5 ^ ,5 6 7
17,335 12,063!
91,562
2 5 .9 0 o 2 4 .4 2 9 1 0 0 ,3 1 2
2* 842; 20.7-14
1 2 4 ,406 1 21,409
1127,835 1150,860 t5 5 3 ,6 0 0 t5 8 i,9 5 1
5 2 8 ,348 188,059 2 ,2 8 7 ,3 1 5 2,036,048
1 5 .8 6 J
6 7 ,9 0 4
11,0 3 2
7 9 ,9 0 2 6 3 ,0 3 1' 3 1 5 .3 9 J 283,6 46
22,872
5,671
26,74**
.5,327
8,302
2,137
8,522
2 .3 5 3
143,653 139,300 6 9 0 ,5 7 3 6 4 0,030
28,110
8 ,5 5 6
3 2 ,3 8 0
7 .5 6 2
6 3 .3 1 6 4 8 .8 9 0 2 6 7 .3 8 7 2 3 1,682
2 5 2 ,2 9 l 238,813
9 6 5 ,2 4 5 8 8 3,540
8,51ft
8 ,3 3 0
6 >,5 48 6 2 .2 42
4 3 .7 2 s 4 5 .8 >4
3 1 ,5 7 9 3 4 ,1 1
1 4 ,6 9 1 15,072
10,103
9,1 1 6
3 6 ,9 8 4
2 8 2 .* 6 i
4 9 8 ,8 8 5
1 6 1 ,1 6 :
72 ,1 8 <
21 ,0 8 9
34,833
27 ,563
4 6 0 .4 9
166,098
69,590
19,374
1 5 ,3 6 4
15,068
2 1 ,5 4 0
13,2 0 2
14,559
18,851
72,5 3 7
66,343
94 ,4 6 2
,8 2,037
3 ,5 7 0
17,294
3 .5 1 14,0 0 5
13.211
37,861
14,189
41,515
26,843
10,2 9 7
27 ,8 0 1
9,5 2 3
2 0 ,082
4,347
20.6 3 9
5 ,3 3 5
40,4 2 4
37 ,7 9 5
7,3 57
8 ,6 7 )
33,952
3 7.624
7,711
7 ,8 9 4
156,944 1 5 1.316
3 6 ,^ 2 / 36 .8 6 5
4 1 ,0 ) 4 3 6 ,3 5 7 9 0 0 ,19L 8 0 3,802
5 1 4 ,5 9 9
1 0 3 ,.9 6 - . . .
2 1 ,582
22,738
5 ,^ 0 0
5,4 7 8
5 6 1 ,7 -iH 50 <,415
1 2 3 .503 110.33ft
7 7 2 ,392 6 4 8.*50
187.145 1 7 3 ,0 7 3
25.740
2 6 ,9 8 0
6 .9 3 '
6 ,6 9 9
14,670
15 ,0 4 5
3 ,7 3 4
3.75.)
127,291 12 1 .4 i8 5 6 8 ,7 3 2 5 1 3,0^6
54.305
60 ,8 7 9
14,8 >2 13,10*
2 1 8 .670 2 3 7 .6 >9 1 ,1 5 4 ,< 7 2 1,0*47,376
5 1 2 .793 5 0 3 .3 1 6
1 1 3 .056 119,8 ■
0
5,7 0 7
6 0 )5
1.6 .9
1,547
1 3 3 ,9 4 4 1 2'7,452
3 1 ,5 8 ) 3 2 ,2L
43.780
5 6 ,4 0 19,174 H .1 3 3
24,99 7
34.331
8 ,8 9 2
7 .4 4 1
2 9 ,0 3 1
2 2 ,2 3 *
5,0 9 o
5 ,3 1 i
13.744
3 .1 3 0
2. 8«»8
23.1 1 0
___
4.8 2 2
1 3 4,361
3 0 ,6 0 7 2 6,9 .1 147,153
13 >,737
14 i,20B
30.0-<7 34 ,5 8
4 2 2.603
4 0 .0 0 ’ 4 2 .2 3 3 486,68
)
9R3 529 7 6 0.092
1
1 Ml 8
R oads.
D e n v e r O o n .T ra m w .M a y
J a n . 1 to M ay 31 . . .
P a te r s o n R a ilw a y ....M a y
J a n . 1 to M ay 3 1 . . .
,---- In t., re n ta ls, etc. - — .
1898.
1897.
$
$
1 9 .3 3 0
18,796
9 4 .3 9 9
92,872
8.9 0 0
9,0 0 0
4 1 .5 0 0
4 5 .3 2 4
B a l. o f B e t B a r n ’s .- .
1897.
1898.
8
8,476
2 3 .1 6 6
7 ,5 6 7
9,652
6*675
14,721
4,637
11,368
ANNUAL REPORTS.
Annual Reports.—The following is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last edition
of t h e 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-dav's C h r o n i c l e ]
R a il r o a d an d Mis c k l . C o ’ s
V o lu m e 66—
Page.
Allegheny Valley............................12 <
4
American Tobacco......................... 9>0
Bangor A Arooitnok........................SY5
Ciiiada Southern Ky ..................... 118)
Culcigo EJl«»on.................................951
Chicag »& North Western..............1038
Chicago K. 1 & Pac .......... l'>83. L091
C jic.go & West Ind....................... 12:11
Chic. & W en M ien ..................
*54
< iclnnati Edison Co............118), 12)4
’i
Cm. Ha n. & Davton K^. System.. 303
Cincinna i & Mask. V alley............ 855
Cleveland A M irier
-ta..................... 950
Cleveland & Pittsb xrg................... 919
Des Moines < Ft. Dodge............... 1087
fc
Detroit Grind taoids Western. 855
Dominion Coal C * (Limited).. — 1037
Electric Storage Batterv................)187
Erie Telegraph t Telephone...... 95L
Flint Sc Pere Marquette ............... 851
General Electric .... ...............851, 858
Keokuk A Western......................... 12)3
Lake Shore & M. 8............................ 893
L. 8b re 9ys.— Mahoning Coal RR. 8 *7
Lamson Cons > Store Service Co..104 2
1
Loulsv. Ev. < St. Louis Cons. RR.. 999
s
..............
803
Lehigh & Wilkesbarre Coal
R a il r o a d s an d M is . C o . ( Oon .)—
V olum e 6 0 —
Page.
Mexican Central...............................898
Mexicaa L
’eleph me....................... 1^87
Michigan Central ......................... 89 7
Monon^aneia River RR ............... 9d0
New Eagland I’elepoone Sc Telg.. 951
N. Y Cent. & Hn i. Riv. KR. C o ...1233
N. Y. Chicago & St. Louts.
89?
North American Co...............1188,1234
Ohio River RR ............................ L
0ll
PacidcMaiiSS.Co ..
1042
Peoria Decatur & Evansville........ 1234
Phila lelphm Comptuy.................. 958
Pittsburg Sc Lane Erie .... ........... 808
Reece Button Horn Mach. Co ..... 809
st Louis Term . Cuoplei Station
Prop Co.. 13* m oi'ht .................1087
.
Southern C itton o il.......................1 J8 S
Standard R .pa * Twine ............... 9ol
Swift fc Oo .. .................................. »09
U. 3. RuoberCo ...............
J000
We4tern Union T d egriph. ..........lids
Wilmington A Northern R R ......... «&0
St r e e t R a i l w a y s .
V o lu m e 66Milwaukee Elec. Ry. & L ighfc.1186, i234
P ittsb u rg Port Wayne & Chicago Railway.
( Report for the year ending Dec. 31, 1897. J
Earnings, Etc.—The earniags and expanses are reported as
follows :
EARNINGS AND EXPENSES.
18 9 7 .
1896.
1895.
E a r n in g s —
$
$
$
F r e ig h t ................................. 7,57 0 ,3 0 1 6 ,9 2 0 .9 3 4 8 ,1 3 8 .7 3 0
P a s s e u g e r s ......... ................ 2 , ‘70,1 L4 2 ,4 1 7 ,1 8 5 2,lO 7.0O £
E x p r e s s , <feo.........................
9 4 2 ,3 6 7
8 8 4 ,1 4 3
856,591-
18 9 4 .
$
6 .5 9 4 .5 4 6
2 ,0 5 0 ,9 3 4
7 3 4 ,3 7 9
T o t a l ...............................10 ,5 8 3 ,2 8 2 10 ,0 i2 ,2 6 7 1L, 102,923 9 ,4 2 9 ,8 5 1
E x p e n se s—
C o n d u c tin g tr a n s p o r t'd .. 4 ,0 9 5 ,9 1 9 4 ,r>10.150 4 ,3 2 0 ,l« 3 )
M iln te n a u c e o f w a y ........
9 3 0 ,1 6 }
907.05L
M d n te n a n o e of e q u i p . ... 1,41 0 ,9 5 5 1 ,3 )4 ,3 3 1 l , 4 7 i:3 2 2 | 7 ,1 6 1 ,7 6 6
’627,661 j
G e n e r a l e x p e n s e s .............
67 2 ,8 0 2
6 7 3 ,3 3 7
T o ta l e x p e n s e s ......... 7 ,1 0 9 ,3 3 9
N e t e a r n i n g s ..................... 3,47 3 ,4 4 3
N .C as.A B . V .R R re sin o ..........................
T o ta l n o t in o o m e ....... 3,47 3 ,4 1 3
6 , 9 L5.369 7 .4 4 3 .3 0 1 7 ,1 6 1 ,7 6 6
3,10 8 ,3 18 3,6.54,820 .2 ,2 6 8 ,0 9 3
—
:W
—18. '2 4 J +9.840
3,106 ,5 4 1
3 ,8 3 5 ,8 9 j ^ 2 ,2 7 7 ,9 3 3
THE CHRONICLE
26
{V o l . L X \ I ( .£ J
HALAXCK SHEET OF ALL SPBStMAHY COMPAN IKS ON NOV. 30, 1 8 9 7 :
T h e P< isnosvlv&ci# Co,, Us see, reports the following pay*
D e b it C r e d it—
int-sits:
C a p ita l S to c k ................. $L2, 3 7 0 .4 0 0
Construction and prop*
1894
18 9 5 ,
1800.
19 0 7.
,2 8 2 ,0 0 0
titty aoeouitts........ £15, ,7 0 8 .0 7 0 Funded debt
$
$
$
*
A ce o il'its p a y a b l e ___
ve
e n ts . B locks
5 4 0 ,3 3 3
Diva. on regular clock.,. 1,380,000 1 ,3 8 0 ,0 0 0 1 ,3 8 0 .0 0 0 1 ,3 8 0 .0 0 0 I no thsetm com p a n ic s .. o.f
r
.
1 1 8 ,5 5 8 A c c ru e d Lir’s t P a d lie
1 ,2 -4 .7 7 1
LUv«. on *jM Slai *took. 1 , 3 3 l.ftM 1,321*838 1 ,3 2 1 ,8 3 8
N
Cask. ...... _ ____
_
6 2 0 ,5 5 3
G o a a t R y.O o. ( e n tir e
7 2 8 .7 0 0
7 2 8 .7 0 0
Ibt.oti l»t & 2d M Bond* . "2S.700 7 2 8 ,7 0 0
c n u ts reci-i
Issu e o f p o n d s o w n e d
Ini. on 3d mort. boiiti4,M 140,000 1 40.4J00 110,000 1 4 0 ,0 0 0 A n e oc o m p a n iev a b le In
8 4 7 ,0 3 4
b y o . I. C o .). _____
il
s ............
1 8 4 ,9 5 0
1 !»,0OO
1 9 .0 0 0
19.001*
M la e e lla & to a a ,* ..
19,000
M a te ria ls a n d s u p p lie s
A c c o u n ts a w a itin g d is
3 7 6 ,9 6 6
m a ll c o m p a n i e s .. ..
tr i b u t i o n .....................
6,93®
T otal...,,™ ........... 3,' 90,254 3 ,6 8 0 ,5 3 8 3 ,f 8 9 ,5 3 8 3 .5 2 2 ,4 7 1 D e p a r tm e n t a c c o u n ts
8 9 8 ,1 9 2 P r o tlt a n d l o s s .............
S,3 7 2 ,6 1 3
N l Income a* above..... 3,473,443 3 ,1 0 6 ,5 4 1 3,03x6.995 2 ,2 7 7 ,9 3 3
'O
D e p a r tm e n t a c c o u n ts
(L n elu d in g b al m o e o f
Paid a* aboTf for rt-ntal. 3.599,254 3,569*638 3 ,5 8 9 .5 3 9 3 .5 2 2 ,4 7 1
10 1,10 0
r e c e i v e r ’s a o o o u n ta )
1 0 4 ,1 0 0
Paul to -inking fumi....* 104,100 1 0 4 ,1 0 0
9 1 1 ,1 3 3
3 ,7 0 3 ,3 5 4 3 .6 9 3 ,0 5 8 3 ,6 9 3 .6 3 8 3 .6 2 6 .5 7 1
5 7 ,7 4 3 1 ,3 4 8 ,0 3 8
2 2 9 .9 1 1
5 8 7 .0 9 7
BALANCE M1KK" d e c . 3 1 , 1897.
O r .—
D r .—
Tot. e n d o f r* w ay ,A n $ 5 0 ,4 4 9 ,5 2 0 C a p ita l s t o c k . ................$ 1 9 ,7 1 4 ,2 8 6
G u a r, s p e c u l s t o c k . . . 1 9 ,1 6 1 ,0 0 0
S u p p lL » tT A nifem M lto
l W » . RK. Co J u l y
Bonds (a* e I n v e s t o r s ’
S c KELT, m ESI’) . . . . . . 1 2 , 4 1 0 , 0 0 0
1.1869 ...................
408,725
4 6 ,6 2 3
Muhin# f in d .,.......... 7,153,531 D iv id e n d s tin c a l I’d f o r
C a sh to pure!*, b o n d s .. 2 ,8 4 5 ,179 D iv id e n d s a c c r u e d ,n o t
6 8 0 ,3 1 7
d u o ...........................
f o r d iv a ,a n d i n t .
7 6 2 .8 61
3 2 ',3 3 8
C ash a c c o u n t.. . . . . . . . .
6,1 6 1 C o u p o n s n o t p re s e n te d
U n s u r r e n d e r e d b o n d s. 1 , 100,000
P e n n . UR C o ..le s s e e —
M ise e lla n o o u s ____ . . .
99
K qu ip v oo n * t. bds.
V
n o t y e t su rre n d e rtH L 1 ,1 0 0 .0 0 0 C re d it o f In c o m e a o o t. 9 ,7 0 2 ,0 4 1
R e n t a c c o u n t___...»
3 f 4 ,6 0 0
M is c e lla n e o u s ___. ___
3 ,1 2 4
L o t i to Im it c
T o t a l ........ ............... $63,143,70*1
—V. 66. p. 114 1 .
T o t a l.......................... $ 6 3 ,1 4 3 ,7 0 4
Cilieago Indianapolis & L o u iS T ille Railway.
f Advance statement for the year ending June 30, 1898.)
For the year ending Jane 30, 1898, the earnings, etc., p art
ly estimated, were:
EARNINGS AND EXPENSES.
1 8 9 5 -9 6 .
1 8 9 6 -8 7 .
18 9 7 -6 8 .
E a r n in g t—
$
7 7 7 .9 9 4
P a jw e n g c w ..— ... . 7 3 8 . 2 '3
..
6 9 7 ,4 2 8
2 ,2 8 6 ,0 8 7
2 ,2 5 8 ,3 3 4
1*914,488
F r t t t f b t , .........
2 0 0 ,8 4 2
2 5 5 ,1 4 4
M ail, e x p . a a d m ine. . 2 5 0 ,3 5 7
1 8 9 1 -9 5 .
$
7 0 3 ,7 4 8
2 ,1 0 9 .5 2 6
2 5 3 ,7 4 0
T o ta l e a r n in g s .., .3 ,3 2 2 .6 4 7
2 ,9 0 2 ,7 0 0
3 ,2 9 1 ,9 7 2
3 ,0 6 7 ,0 1 4
1 ! am 1, o f wit 3 A o ... . 4 2 3 ,1 0 7
-,
M »ioL o f i»qulpm’t . . 457*075
7 r* D e p o r t a t i o n .. .. . .1 ,0 4 2 4 26
G e n e r a l........................ . 2 5 6 .4 7 0
T a x e s ........................... . 1 7 6 ,0 0 0
3 7 5 ,6 2 5
3 0 7 .0 2 3
9 6 0 ,5 8 9
2 3 1 ,1 1 6
1 0 7 ,5 3 3
3 6 3 ,9 4 9
3 2 4 .9 0 8
1 ,0 6 8 ,6 7 2
2 5 2 ,0 2 7
1 7 0 ,1 8 3
3 4 7 ,2 2 0
2 4 5 ,6 3 8
1 ,0 7 6 ,0 1 2
2 4 2 ,9 0 5
1 5 9 ,1 3 5
T o t a l....................... 2 ,3 5 5 ,0 7 8
2 ,0 4 2 ,4 3 8
8 6 0 ,3 2 2
N e t e a r n in g s ............. . 9 6 7 ,5 6 9
P .c . o p .o x p .to e a rn s .
7 0-36
7 0-88
INCOME ACCOUNT.
189 7 -9 8 .
189 6 -9 7 .
ffrerip/#—
$
$
N ot e a r n lo g s ............... 9 6 7 ,5 6 9
8 6 0 ,3 2 2
D iv id e n d s . . . . . . . . . . .
7 4 ,4 0 0
7 4 ,4 0 0
2 ,1 8 0 ,3 8 9
1 ,1 1 1 ,5 8 3
66-23
2 .0 7 0 ,9 1 0
9 9 6 .L 0 4
67-52
1 8 9 5 96.
$
1 ,1 1 1 ,5 8 3
7 0 ,8 0 0
189 4 -9 5 .
*
9 9 6 ,1 0 4
7 8 ,6 0 0
T o t a l ......... ........... 1 ,0 4 1 ,9 6 9
D tib u r sc m c n t* —
l a t e r . »; o n b o n d s ... 7 4 5 ,4 5 0
R e n t a l s . . . . . . ............ 210,000
In tU t a n d d is c o u n t..
D iv . o n p re f, s to c k .. ....................
T o t a l.......................
S u r p l u s . . . . ..................
—v . e e . p. 1 2 3 6 .
9 5 5 ,4 5 0
8 6 ,5 1 9
9 3 4 ,7 2 2
1 .1 8 2 .3 8 3
7 7 3 ,4 9 6
2 2 0 ,1 0 3
2 5 ,8 8 8
7 4 0 ,0 0 0
2 2 1 ,8 2 3
4 3 ,0 0 3
1 ,0 0 9 ,7 8 4
d o t. 7 5 ,0 6 2
1 ,0 1 9 ,4 8 7
1 0 2 ,8 9 6
1 ,0 0 4 ,8 8 6
6 9 ,8 1 8
T o t a l ...........................$ 1 7 ,5 0 7 ,6 9 2 |
T o ta l.
.$ 1 7 ,5 0 7 ,6 9 2
The officers, etc., are as follows :
O ffices, etc.—T h e p r in c ip a l n lliee in ilie S ta te o f N ew J e r s e y is a t 8 3
M o n tg o m e ry S tr e e t, J e r s e y C ity , N . J . T h e tr a n s f e r a g e n t is M a n h a t
T
t a n T r u s t Co., 2 0 W all S tr e e t, N e w Y o rk C ity . R e g is tr a r o f t r a n s f e r s ,
C h a s e N a tio n a l B an k , * 3 C e d a r S t., N e w Y ork C ity.
O fficers.— P r e s id e n t, H a m ilto n H . D u r a n d ; V ic e -P re s id e n t. J o h n W ,
S im p so n ; T r e a s u r e r , J o h n K e a n ; A s s is ta n t T r u s u r e r a n d Seo e ta r y ,
E . A, S k in n e r ; A s s is ta n t S e c re ta ry , F r e d e ric k D w ig h t.
D ire c to rs —
G r a n t B . S c h le y . E . R . Ch t o m a n , J o h n K e an , E . A . S k in n e r, \V. H ,
P o r te r , J . W . S im p so n , F r e d D w ig h t, J . F. W o rk n n a n d H . II. D u ra n d ,
T h is p r o p e r ty w a s d e s c rib e d e d ito r ia lly in V. 60 , p. 9 5 4 .— V. 66 , p „
1238.
American Steel Castings Co.
(Statement for the year ending April 30, 1898.)
“ The comoany reelected the old directors at the annual
meeting in Jersey City, N. J., Jane 10, and the reports of
the President and Treasurer showed that the profits for the
year ending April 3d were over §311,000, being equivalent to
7 per cent on the entire capital stock issued. The regular
annual dividend of 7 per cent on the stock was declared pay
able June g9. and the balance of over $137,000 was carried
over. Hereafter dividends will be paid semi-auunally, D ar
ing the past year the company refunded its bonded indebted
ness on a five per cent basis, instead of 6 per cent, for a
period of fifteen years. The original indebtedness of the
company was $740,000, but during the past three and oneyears it has been reduced by the profits to $409,000, against
which real estate and machinery are held of the book value
of over $4,600,000. The company is rebuilding the Sharon
plant and extending the Thurlow plant at a cost of over
$150,000.”—“ Railway Age.”
1 .0 7 4 .7 0 4
7 7 5 ,4 5 0
2 2 4 ,4 0 5
9,9 2 9
T o t a l .........................$ 1 8 ,6 6 8 ,3 7 1 |
T o t a l . .......................... $ 1 8 ,6 6 8 ,3 7 1
BALANCE SHEET OF PACIFIC COAST CO. DEC. 1, 18 9 7 .
L ia b ilitie s —
A s s e ts —
F r a n c h is e a n d p r o p . . .$ 1 4 ,5 8 7 ,1 9 8 C a p i ta l s t o c k C ap , s to c k In t r e a s u r y
2 9 5 ,5 0 0
F i r s t p r e f e r r e d .......... $ 1 ,5 2 5 ,0 0 0
A g e n c y a c c o u n t s ........
4 9 8 .7 1 9
..........
B ec o u a “
4 /0 0 ,0 0 0
Co a im o n .......................
C o al a n d s u p p lie s ........
1 3 7 ,8 1 8
7 ,0 0 /0 0 0
C u r r e n t a s s e t s ............. 1 ,3 4 9 ,2 8 3 F i r s t m o r t g a g e ............ 4 ,4 4 6 .0 0 0
A s s e t s u n c o lle o te d ,
A c c o u n ts a n d
b ills
b u t c o n s id e re d g o o d
6 8 ,4 3 8
p a y a b le .........................
5 3 6 ,6 9 2
C a s h ..............................
6 3 0 ,5 0 6
GENERAL
INVESTMENT
NEWS.
Reorganizations, Etc.—Latest Data as to Defaults, Reor
ganization Plans, Payment of Overdue Coupons, Me.—All
facts of this nature appearing since the publication of the last
issues of the I n v e s t o r s ’ and the S t r e e t R a i l w a y S u p p l r 5ie n t s may be readily found by means of the following index.
This index does not include m atter in to-day’s C h r o n i c l e ,
( Statement to New York Stock Exchange.)
The P i 'ific Coast Co. acquired on Dec. 1. 1897, after fore As to some smaller companies see also p. 1138, issue of June 11,
closure sale, the property, rights and franchises formerly of
R a il r o a d s a n d M is c k l . Co .’ s .
R a il r o a d s & M is. C o .'s —(O on.)—
Vol u m e 6 6 —
Page.
V o lu m e 66—
P age.
t he <(rt-gon Improvement Co. The company conducts, either
Atchison Col. & Pac ............... soM.IOlk Missouri Sian. & Texas..
directly or throagh other corporations, all or nearly all of A’ch. Jew ell Co. & W est. .saU.Vrt, 1139 plannluinas to income in rt suit.11 S3
>1
whose stocks and bonds it owns, a railway business, a steam Balt. & Ohio.........coupovs.SaQ, W >, 1013 iNew Eoglaud . Jcaiteand ?a»ruifr.l(X>3
do
do
d’ posit* jYiyuestfyf.lOf’O New Orleans & W est... .recos. ert-s. 10KJ
ship business and a coal mining business.
do
do foreclosure oj B. A O 1088 N, V.Phit.&Nor. .rcoraMB, 770.8U,
do
.................plan.1235
1046, 11*1. 118DThe company’s -tateinant to the New York Stock Ex do
810 Ogdetisburg &
change shows t he gross earnings for the four mouths ending Brooklyn & B righton B..recm .ctfs. ^50 Ohio Southern,L. Champ.. sald.U01,1141
...ftnrcliwswe decree,IQ&
S&
do
— ............. foreclosure.
Busk T unnel B y.............. .
Oregon Imp. .n^w
.'.$(?c’«.rrad3/.Uio2, U90
Marfn 91,1898, to have been $1,733,894, contrasting with Cape Fear A Yadkin V a lla te
1187 ParisJTex.) Gas A Elec. Light.,.. 1190
i7 for the sttne period of the preceding year, and the Central B- ..U.P *(*«.yr>8,10i&»toa 1139 Phil. Road. A N. E. ,..p/«7t.5?4,771, 811
do
do
.drposite-pe/oalty. 901.
net earnings to have been $465,004, contrasting with $92,168. C entral Ohio............................... sutf.1187 Pitts, A Westtorn.«\r,tm. of or>?DLT...10!»0
850
For Ui" year ending Nov. 3 ', 1897, under the receiver, the Cent. Puciflc.. .committees cafiisolid. 1083 Po’keepsio A Ea-stcrn.. .reevr. 1 lij0 ,12M8
do
do
com - isfcvm.
Cen. V erm ont.boM h’dern' circular. ss)9 S”dalia Water & Light — de/auR.1238
gress -timings were $4,136,170, as against $3,221,631 in 1895-0,
do
do
Stuttgait Arkansas River., .aalej 190
and the net earnings were $309,056, against $354,204. The Cent, W ashington.reortf.foreclosure. 1043 Tol. Si. I.. A lian.O hy. .appv (.904, 1003
856; plan. 953
A
consols pd. 955
figures in detail are as follows, those for the entire year Cinein. & Musk. Vul. couv. paym ’ts >*50 Union Pac— Kan. Uity o< 1800 pd. 955
do
Miff. Div. bds.
do
foreclosure.lOii
1895-96 j from the last annual report J being added by us for Chic, & Atch. B ridge.reorganizedco. 123fl , U. P. Den. & Gulf. ......r orv. 811, 955
Chlc.Peor.A8i. L.defdillt continurA.IOii West Virginia & Pitts.default, 065;
comparison :
Chic. & W est .Michigan__ coupons.1044 , deposits reanest.ed. H 906; rccors. 906
lSs,
Pacific Coast Company.
- P e c .1 ,’0 7 , (o l f o r .3 1 ,’08-N ------T e a r 1 8 9 5 -9 0 .------ .
e a r n in g . —
O r a ...
N et.
G ross.
N et.
P a c ific C »ast 88 C o.. .. $ 1 ,2 8 7 ,0 3 7 .$404,272 $ 2 ,2 7 4 ,2 3 4 $ 1 0 8 ,5 2 6
I 'n o f lr
R y . Co
3 6 ,6 8 9
0 .0 5 0
1 1 7 ,2 5 9
13,0 3 7
O o t A I'u g iU S . HR. Co
141,*>41
7 0 ,9 5 *
2 0 0 ,1 3 4
1 2 3 ,7 3 8
A N or. R y. f.->.
11*511
1 ,1 1 2
3 9 ,7 9 2
1 3 ,2 0 8
P at t T o w n , 8, H R . <Jo
*.432 lo s s 2 ,9 7 0
10,43 l lo s s 13,7 6 9
C o al do «i*riitiei?t
2 4 2 .8 9 0
7 8 ,0 2 0
4 3 0 ,9 1 0
1 2 3 ,8 8 7
H ttu m * r » ............ .
- ,4 1 2
7 9 ,1 3 5
7 ,7 1 7
T o t a l ......... .
,$ 1 ,7 5 3 ,8 9 4
G e n , © ip . s a d tu x o © -..
¥ 1 7 2 ,1 5 0
0 ,5 8 0
8 3 .2 2 1 ,0 2 1
........
$ 3 7 0 ,3 8 4
2 2 ,1 1 3
$ 1 0 5 ,5 4 4
9 2 ,1 6 3
.................
..............
3 ,2 5 8 ,5 0 3
4 ,1 3 0 ,1 7 0
? 3 5 4 ,2 iO
3 8 9 ,9 1 7
1509,056
Cleve. CantOD A 8imth.*«teor4ere4.ll39
Cleve. & Sandusky Brewing Co.
consoWlaied co • pany 1139
Col. Hock.Vul. ATol. .fOreclOS&uO, 1044
Col. A Gin. .Mid...... Tan. coupon p it 953
Col. Sand. & Hocking., .rt'ortj. phm.lOol
‘ oun.BlulTi* City "\\Vork!»../orfW. I iSS
E glc & P lnnnlx Mfg. Co....... .sot*. 1140
Excelsior Springs B U ..........n mro. 1140
Gulv. bn P o n e .NcIIouston.aalrO&N. 11*0
Klngttton A Pem broke K lf , ?f-n-ult90
L. Mock it Mom. Ka/h postfioti 1*11,954, i '2 ‘7
Louisville Evans, &SI. L.,cemponif.lOSt'
Wheeling & Lake E r ie _ _ } Ian.1142
_
do do
Xd Instul. of a**e*stn. 1239
Wisconsin Central., .reorg. mattcrs.lLiS
S t r e e t R a il w a y s .
Bloom. & Normal St. Ur..«oZ*i. 1088,1187
Br'klyn ISl.vmd* pa.-it softer .fnlu JLliiSd
Bn fluid Kenmorc fit Tonawanda
El ectric .......... ..........rt:c r>r, 1013, 1236
Newburg Elec. Ry.......... . .default. 1096
Union Trao. of N. J. .dfprwift, iO O 1142
O
WIUkoBbarre & Northern.,., rear# 1196
Addison & Pennsylvania UR.—Addison & Susquehanna
RR .—Successor Company.—The Addison & Susquehanna RR.
Co. has been organized as successor of the Addison & Penn
sylvania Railway Co., recently foreclosed. The capital stock
<A fte r d e d a c tim t c o u r t a llo w a n c e s , ta x e s on la u d n o t a©c<l In o n is $100,000 and $94,900 of it is owned by the Messrs. Good
o ra tio n , le g a l e x p e n s e s . Im p ro v e m e n t* to S te a m e r., &o.
year,—V. 86, p. 1012,
Toe balance sheets of the subsidiary companies (all of
American Lamp Chimney Co.—New Company.—Subscrip
whi te bonds and most of whose stocks being owned by the tions.—f ir s company lias been incorporated under the laws
Pacific Coast Co,} and also the balance sheet of the Pacific of West Virginia, and, it is claimed, will make lamp chirnCoast Co, itself are as below : ,t
neys by machinery at a fraction of the cost of hand-made
tialanee for ©barge©...
____
S»n>« jw rloh p rev .v o o r.
9 0 2 .6 8 7
iV a r en d . J t-r . 3 0 . '9 7 .......................
«
J uly 2, 1898.J
THE CHRONICLE.
____________________ 27
chimneys, one account; saying for five cents a dozen, as a surplus remains from the operation of the bridge road a
against fifteen cents. The company will own and enlarge graduated percentage is to be paid to the Bridge Commissioner
the plant of the Toledo Glass Co., so as to supply a consider
b urther facts touching the contract follow :
able proportion of the entire demand cf the United States of
,
o ro i r o e o
7,000,000 dozen annually. The plant, the report says, now lo c a l r a ilr o a d u n d e r th e d ire c tio n o uuo e uCuom n is s io n e rr aonpde ra tin gch a
f th
n
n
in su
has a fourteen-pot furnace in operation, and will have an w a y a s to a fford a d e q u a te s e rv ic e (o t w h ic h th e C o m m issio n e r sh all
other, a sixteen pot furnace, in operation by November. h e th e ju d g e ), a n t a t t h e s a m e f a r e a s is n o v c h a rg e d , i t m u s t keen
c
e
g
rd
A third furnace is to be put up early in 1899. By November th e s a r s a ncdtio v e r y th in C c o n n e c te d w ithn s u c h r a ilr o a d itns good ox e r to
n
he
n r, a
v
o
e
the company expects to be able to manuf acture 22,509 dozen tahlle thaetis f aw e r a nof st e rv ic o mem issiod eto o p edrap roth id e aarts iof thw nBerop e n s n
po
d
e r q u ir e
te e c
e
o k ly
chimneys a week.
a °'*.tll<U e o f Ik e K in g s C o m ity o v e r s u c h b rid g e a n d a ssu m e a ll lia
The share capital is $750,000, divided into 2 509 shares of b ility fo r a c c id e n ts .
T e
a
ha b r
a
e
ss a
c
m
preferred cumulative 7 per cent stock of $100 each, and a tinhg E le v lote d l Rro a d osa d ,ll wehaile w h thte vsarm io s h mll ypo c v u r pfro fita ODeri t
th e
ca
a ilr
if
e
e
a
ro e ro
b le
5,000 shares of common stock of 8100 each. Subscription m u s t p a y to th e C o m m issio n e r in e ao h y e a r a g r a d u a te d p e rc e n ta g e of
books were opened recently at the offices of the Home Safe th e s u rp lu s , n a m e ly : 5 p e r c e n t if b e tw e e n $ 1 0 ,0 0 0 a n d $ 2 0 000- 7 b,
per ent
e tw
$ .’0,0
n
ce
veen
Deposit Co., of Toledo, and W. E. H atton & Co., of Cin 000c a n d if b0 ,0 0e e; n 12ig p0e0r ao edn $ 1 0 ,000;e10 p*e3r 0 ,0n0t0 if nbde t$ 8 0 0 0 $405
*6
0
t if.b e tw e n
a
0-1
cinnati.
p e r c e n t if b e tw e e n * 8 0 ,0 0 0 a n d *100 ,0 0 0 ; 20 p e r c e n t if b e tw ee n
*15 0 0 0 0 a n d $ lo 0 ,0 0 0 ; 25 p e r c e n t o n a ll a m o u n ts e x c e e d in g
B altim ore & Ohio BE.—Notice to Udders of 5 Per Cents
of 1885.—Speyer & Co. and Sp9yer Brothers notify holders of ^ W h a t e v e r w o rk m a y b e d o n e in th e 3 hops o f th e E le v a te d Co. in re p a ir
th
d o
r
a
e
their receipts issued for 5 per cent bonds, loan of 1885, that m g v e ra ilr o a Co. r its a p p u Ate nthn c e s s h aelld btr ap aeill fovr b y th e Bcrolo k ly ln
te
o
i
any receipt holders who do not assent to the plan and agree E led ale ad eR R e s e ta to fc ost. n tleste d etrrecdkusc o n th e vB ridgee rr etheer vlo d a forraits
ro a
v s th
gau
a
s
e
ment of reorganization may withdraw their bonds and u se v a c a n t d u r in g a la rg e p o rti >n of th e tim e , th e B ro o k ly n E le v a te d
ay
a s o r s c
an u
e s w itc s a
t
coupons at any time on or before July 21, ls9i, upoa the sur m rm o ce rnante citsde thr e re v eith ,u b h ttrsa c k sp a y dfo r se cth p riv ile gh e * 20n d p la28
o
u h
e
render of such receipts, without expense. All rec.eipt holders fo n u s lly . eu te d d itio n w e E le v a tea ll R o a d s hsaull hp a y 1 0 c e n ts fo306ac h
an a
I a
th
i
re
w hoshallnot make such withdrawal on or before July 21, c a r o w n e d o r o p e ra te d o r coil- r d ie d b y i t fo r e a c h r o u u d tr ip in a d d i
1898, will be deemed to have assented to the plan and will be tio n to f u r n is h in g th e p o w e r a n a p a y in g a ll th e c o sts a n d se rv ic e , as
a g a in s t th e c h a r g e of I2h! c e n ts p e r ro u n d tr i p c o n ta in e d in th e fo rm
bound thereby.
e r c o n tr a c t b y w h ic h th e tr u s te e s w e re to s u o p ly p o w e r a n d serv io e
Interest Payments July 1. —
The following interest pay T h e c o m p a n y m u s t g u a r a n te e t h a t th e a m o u n t so to h e p a id sh o u ld
n o t b e le ss t h a n * 2 5 0 a d a y , u p to th e tim e w h e n th e K in g s C o u n ty
ments were announced to be made on J uly 1:
Loan—
In te r e s t.
W here lo b e p a id .
R e c e iv e rs ’ c a r t r u s t c e r tif., e t c
$ 1 0 2 ,4 0 0 ..M e rc a u tile T r u s t Co., N .Y .
P i t t s ik C o n n . re c s. c e r tif ...............
1 6 ,2 5 0 ..B a lt. T r. <fe G u a r.C o ., B alt.
D o.
1 s t M. 7s, n o t e x t .. . 4 9 ,6 0 5 ..O ffice T rea s. B. & O.
B. & O. b o n d to c ity f B a lt............
6 ,0 0 0 ..E q . L ife A ssu r. S ociety.
B. < O. c a r t r u s t b o n 4 s o f ’8 7 -----fe
6 ,2 5 0 M «r. T r. < D ep. Co. of B al.
fc
W in c h e s te r & P o t. 1 st a n d 2 d M ..
6 ,5 6 4 ..Office T re a s . B. & O.
W in c h . < 8 tr a s b u r g d iv ...................
fc
1 ,4 9 2 ..O ffice T r e a s . B. & O.
Repcrted Purchase of Miss Garrett's Holding?.—A news
paper report, which we have been nnable to verify, states
that Miss Mary G arrett recently sold her 20,000 shares of
Baltimore & Ohio stock to a New York syndicate favorable
to reorganization for about $10 per share; also that she has dis
posed of 5,000 shares of Consolidated Coal Company stock at
$35 per share.
Preferred Stockholders Object to Plan.—After a meeting of
the bolder• of first preferred stock at Baltimore on Tuesday
»
substantially the following was given o u t:
I t is th e s e n s e o f th e m e e tin g t h a t n o n e o f th e h o ld e rs of th e
$ 3 ,0 0 0 ,0 0 0 o f fir s t p r e f e r r e d s t ck o f th e B. & O. RR. c a n ju s tly b e
r e q u ir e d to d e te rm in e w h e th e r t h e y w ill a c c e p t th e p ro p o s itio n p u b
lis h e d b y th e r e o r g a n iz a tio n c o m m itte e b e fo re th e c a s e iu th e S u p rem e
C o a r t is d e cid ed . T h a t e v e r y e ffo rt s h o u ld b e m a d e to h a v e th e
h e a r in g o f t h a t c a s e a d v a n c e d , a n d to t h a t e n d th e c o -o p e ra tio n of th e
c o m m itte e r e f e r r e d b e re s p e c tf u lly in v ite d . A u d t h a t s a id c o m m it
te e b e re q u e s te d , if i t s h a ll fix a tim e lim it fo r s u c h a s s e n t, to p u t th e
s a m e a t s u c h d a te a s w ill co m e a f te r s u c h d e c isio n o f t ie S u p re m e
C o u r t o f th e U n ite d S ta te s , in o r d e r t h a t i t m a y n o t b e n e c e s sa ry fo r
t h e h o ld e rs o f th e s to c k a b o v e m e n tio n e d to a p p ly to th e c o u rts to
r e s t r a i n th e c a r r y in g fo r w a rd o f s u c h r e o r g a n iz a tio n till th e ir r ig h ts
s h a ll h a v e b e e n a s c e r ta in e d .—V. 6 6 , p . 1 2 3 5 , 1 2 3 6 , 1239.
B altim ore Storage & Lighterage.—Vessds.—This com
pany. whose $1,900 0"0 of capital stock is traded iu in Bal
timore has sold the following vessels of the Atlantic Trans
port Line, which it operates, to the Government, for a price
said to be $4,090,0 0: Mohawk, Mississippi, Mobile, Massa
chusetts, Manitoba, Minn-waska and Michigan. Tois sale
left the New York branch of the Atlantic Transport
Line with bnt two vessels, the America and Europe. Oa
Thursday, however, the New York Times announced the
purchase of the fleet and business of the New York and
London portion of the Wilson & Furness Leylapd line.
Five new twin-screw vessels of 7,0 0 tons each, it is said,
are thus acquired, including the Alexandria, Boadicea, Winnefreda, Cleopatra and Victoria. The price paid is reported
as about $5,000,000. It is understood that by the terms of
the contract the Wilson-F orness-Ley land line will not en
gage in the New York business for three years.
Brooklyn Elevated RR.—New Contract for Use of Brook
lyn Bridge —Receiver Uhlmann, acting under order of Court,
and with the authority of the Reorganization Committee, on
Monday signed the new contract giving the entire operation
of the bridge railroad into the control of the Receiver of the
Brooklyn Elevated RR., who will operate it subject to the
supervision of the Bridge Commissioner. When the Kings
County Elevated RR. Co. is ready to use the bridge, that
company is expected to assume a share of the contract.
Under th “ original contract the elevated road was to pay
12% cents per car for each round trip. Since the trolley
lines began using the bridge roadway, the Court is informed,
the number of passengers using the bridge cars has decreased
more than one-half, which has diminished the receipts and
rendered the bridge railroad unprofitable. The annual loss
to the city whan the two elevated railroads cross the Bridge
was estimated, had it not been for the new contract, to ex
ceed $'100,000.
By the ter ms of the new contract the elevated road is to oper
ate the bridge cars, charging the same fare as now between the
bridge terminals and assuming all the expenses of operation
and all loss incurre 1 therein. The company is further to pa,y
$10,300 annually for the use of certain track facilities. It is
also to p iy ten cents a car for each round trip and to guar an
tee that the amount so to be paid shall not be less than $250
a day, np to the time when the Kings County Elevated be
gins to operate, and $166 67 a day thereafter. In addition, if
E le v a te d c o m m e n ce s to o p e ra te , d u rin g w h ic h tim e th e B ro o k ly n E le
v a te d w o u ld b e th e o n ly ra ilr o a d o p e r a tin g o v e r th e b rid g e , a n d
* 1 6 6 67 a d a y th e r e a f te r .
The elevated trains crossing tha bridge have been well pat
ronized, but, the street railways claim, hive taken much less
of the bridge traffi j than was expected. Toe Kings County
Elevated, it is said, may begin to carry passengers across the
bridge within a fortnight. The operation of the bridge rail
road by the Receiver of the Brooklyn Elevated began at mid
night June 30
Electrial Equipment.—The Brooklyn Elevated RR. ex
pects to equip its Fifth Avenue line with electricity and the
third rail system next fall, and after that the remainder of
the road.—V, 66, p 1236.
Buffalo Kemuore & Tonawaudn Electric R y.—Sale dug.
‘1 —
. The foreclosu’ sale is advertised for Aug. 22 at 210 Pearl
-e
Street, Buffalo.—Y. 66, p. 1236.
Calgary & Edmonton Ry .—Interest Payment.—The Do
minion subsidy for the six months ending the 30th inst.,
together with the net earnings of the road for the six months
ending the 30th of April, it is announced, permit a distribu
tion of £2 per £100 bond in respect of the coupon du9 July
on the first mjrtgage sterling bends. The payment will
accordingly be made on and after that date at the office of
Messrs. Morton, Chaplin & Co., 5 Princes Street, London,
E. C.—V. 65, p. 1170.
Capital Ry.—W ashington City Ry .—Proposed Change of
Name. - A hill has been introduced in the House at Washing
ton providing that the Capital Railway Company of that
city be authorized to change its name to Washington City
Railway Co.
Central Pacific RR.—
Settlement of G-overnmeit Debt.
—The Senate at Washington, June 29, adipted an amend
ment to the general deficiency hill providing for the collec
tion of the Pacific railway debts. The amenlment follows:
T h a t th e S e c re ta ry of th e T re a s u ry , th e S e c re ta ry of th e I n te r i o r a n d
th e A tto rn e y -G e n e ra l, a n d th e ir s u c c e ss o rs iu office, be, a n d th e y a re
h e re b y a p p o in te d a C o m m issio n , w ith fu ll p o w e r to s e ttle th e in d e b t
e d n e s s to th e G o v e rn m e n t g ro w in g o u t of th e issu e of b o n d s in a id of
th e c o n s tr u c tio n of th e C e n tra l Pacific a n d W e s te rn P acific b o n d -a id e d
r a ilr o a d s , u p o n s u c h te rm s a n d in suoh m a n n e r a3 m a y be a g re e d u p o n
b y th e m , o r b y a m a jo rity of th e m , a n l th e o w n e rs o f s a id ra ilro a d s ;
p ro v id e d t h a t a n y a n d a ll s e ttle m e n ts th u s m a d e s h a ll b e s u b m itte d in
w ritin g to th e P r e s id e n t fo r h is a p p ro v a l o r d is a p p ro v a l, a n d u n le ss
a p p ro v e d b y h im s h a ll n o t b e b in d in g .
T h a t s a id C om m ission s h a ll n o t a g re e to a c c e p t a le ss su m in s e ttle
m e n t of th e a rn o u u t d u e th e U n ite d S ta te s th a n th e fu ll a m o u n t of th e
p r in c ip a l a n d a ll a m o u n ts n e c e s s a ry to re im b u r s e th e .U n ite d S a te s fo r
m o n e y s p a id fo r in te r e s t o r o th e rw ise . A n d a lso p ro v id e d t h a t said
C o m m issio n a re h e re b y e m p o w e re d to g r a n t s u c h tim e o r tim e s o f p a y
m e n t b y in s ta lm e n t, a n d a t s u c h r a t e s o f in te r e s t, to b e n o t less th a n
3 p e r c e n t o e r a n n u m , p a y a b le s e m i-a n n u a lly , a n d w ith su ch s e c u rity
a s s a id C o m m issio n n i3 y d eem e x p e d ie n t; p ro v id e d , h o w e v e r, t h a t iu
a n y s e ttle m e n t t h a t m a y h e m a d e th e A nal p a y m e n t a n d f u ll d isc h a rg e
of s a id in d e b te d n e s s s h a ll n o t b e p o s tp o n e d to e x c e e d te n y e a rs, a n d
th e w hole a m o u n t, p r in c ip a l a n d in te r e s t, s h a ll b e p a id in e q u a l sem i
a n n u a l in s ta lm e n ts w ith in th e p e rio d so lim ite d , a n d in a n y s e ttle m e n t
m a d e i t s h a ll h e p ro v id e d t h a t if d e f a u lt s h a ll be m a d e in -a n y p a y m e n t
o f e ith e r p rin c ip a l o r in te r e s t, o r a n y p a r t tu e re o f, th e n th e w hole sum
a n d a ll in s ta lm e n ts , p rin c ip a l a n d i n te r e s t, s h a ll im m e d ia te ly becom e
d u e a n d p a y a b le , n o tw ith s ta n d in g a n y o th e r s tip u la tio n o f s a id s e ttle
m e n t.
~
_
T h a t th e r e is h e re b y a p p r o p r ia te d o u t of a n y m o n e y i n th e T re a s u ry
n o t o th e rw is e a p p ro p ria te d , th e su m of * 2 0 ,0 0 0 to d e fra y th e e x p e n s e s
o f s a id C o m m issio n in m a k in g th e s a id s e ttle m e n t.—V. 66, p . 1088.
Chica o Indianapolis & Louisville Ry.—Cleveland Cin
cinnati Chicago & St. Louis Ry.—It is currently rumored
that the Chicago Indianapolis & Louisville is to be merged
into the Cleveland Cincinnati Chicago & St. Louis. No con
firmation of the report can ba obtained.—(V. 66, p. 1236; V.
65, p. 1219.)
Cincinnati & Mnskingnin Valley RR.—Sale—Successor
Company.—This company has been incorporated with $ 3 ,0 j 0 ,0C0 capital stock, as successor of the Cincinnati & Muskin
gum Valley Ry., which was sold June 29 under foreclosure
and purchased for $500,000 by John P. Green acting in the
interest of the Pennsylvania RR Co.—V. 66, p. 1'44.
THE CHRONICLE.
28
Citizens’ K.r., F ort S c o t t , Kan .—Change o f Ownership.—
This e o m p i o y . controlled bf Fort Scott m -a, it is stated, has
parchas»'J t'i« entire property of the Fort Scott Rapid Transit
Co. Tho Transit C>. operated alt the street oar lines of Fort
gt
.taj was owned by the Dzvenport (la.) Investment Oo.
Citizens' Street KH.of Indianapolis .—Bonds Fxtended.—
The company has .-steaded its $7T ,00" second mortgage
O
bonds due June 1, 189$, to June 1, 1900.—V. 66, p. 053.
City of Cltiroso Browing ,fc M alting .—No Interim Divi
dend'- Pres-s dispatches report that the company will pay no
interim dividend this year. The preferred shares have usu
ally received their dividends in June and December, but
there is no fixed dividend day. They have received 8 per
cent yearly since lSbO, except in 1895, when no distribution
was made.
City Passenger Ry. of B altim ore .—To Fund Floating
D ebt.-T he stock holders will vote on July 7 on a proposition
to fund the obligations created by the recent purchase of the
Centra! Ry. and the equipment ff the Red and White lines
for operation by electricity, and to provide means for rais
ing whatever m mev may be needed for additional improve
ments. The “ Baltimore Sun ” says:
I t i* pD ipost' i to ta u © 4 p e r c e n t b o n d s . a n d th e B m o im t o f th e Issue.
U t* th o u * u r. m *v »n> Mcod fit $ - \0 0 >,000. T h e re is a n o th e r s u g g e s tio n
t h a t th»* m » n e v n e e d e d h e s e c u re d h r in e r e a s ’n g th e c a p ita l s to c k o f
t b - c r n ip a u v . h n t a
p ro p o s itio n m a d e FOiue ti-n e a g o w as
a b a n d o n e d , s n d c e rtlrie a to s o f in d e b te d n e s s is su e d . W ith $ 2 ,0 0 0 ,0 0 0
o f b o n d s th»> c«*t o f th e a rq u iid tlo n o f th e C e n tra l R a il w ay, w h io h w a s
fOOO.OOO. r e c e n t im p r o v e m e n ts , a n d th e re c o n s tr u c tio n o f th e com »mse w o u ld be c o v e re d , a n d a b o u t $ ft0 0 .0 0 0 le f t fo r
f u tu r e Im p ro v e m e n t* . I t is th e e x n e c ta n o n o f tlie m a n a g e m e n t to
m aV e f a r t h e r e x te n s io n s . O n e o r t W e is to b u ild f u r t h e r o u t th e
H a r tf o r d re a d T lie c o u ip a n v a lso h a s ’h e r ig h t to b u ild f u r t h e r o u t
t h e B e ls ir rn » I. a n d it is b e lie v ed t h a t B e la ir w ill b e th e u ltim a te t e r
m in u s o f th l§ d iv is io n .—V. d o , p. 3 3 4 .
Colors do Midland Ry.- Coupon Payment.—Coupons due
July ion the first m irtgageSO year gold bonds and on the equip
ment bonds, series B, will be paid on that date at the Central
Trust Company. Two per cent non obligatory interest on
first moric-ge bonds numbered 1 to 6,350, inclusive, will be
paid at the same time and place in scrip convertible into
preferred stock voting tru st certificates. The facts regard
ing the interest rigli's of the $6-250,000 bonds will be found
clearly stated in the C h r o n i c l e of April 30, page 856.—V.
64, p. 1014.
Columbus Gas Co—Listed.—The New York Stock Ex
change has listed the following additional securities issued
in payment of extensions and improvements: $10,000 addi
tioDal first mortgage 5s of 1932, making total amount listed
$1,215.1X0, Nos. 1 to 1,215 inclusive, and $71,900 additional
capital stock, making total amount listed $1,144,700. Fol
lowing is the balance sheet of May 31, 1898:
L ia b ilitie s .
C a p ita l s t o c k $ 1 ,0 7 4 ,1 0 0
S 'o e k s c r ip ...
604
B o n d s ........... 1 ,1 9 7 ,0 0 0
38.(ISO A c c o u n ts p a r a b l e _____
4 ,5 0 3 Consumers’ deposits...
2 2 ,9 5 8 C o u p o n s a c c r u e d .............
U n d iv id e d p ro f its ____ . . .
A i u n t s re c e iv a b le ...
P u ts r e c e iv a b le ......... .....
C a s h .....................................
T o t a l ............................ .$ 2 ,3 6 5 ,4 7 5
—V. 6 6 , p . 1224.
.
A tstts.
P la n t i* d equipment $ 2 ,3 0 0 ,9 1 9
n
M irtc fin ls e n d s u p p lie s
(In v e n to ry ) ____
1 8 ,3 5 7
1 ',3 0 9
6.011
2 4 ,9 3 7
6 9 ,1 5 4
T o ta l................................. $ 2 ,3 8 5 ,4 7 5
Columbus & Hocking Coal & Iro n .—
New Securities.—
New securities are now ready and will be exchanged upon
presentation of outstanding certificates at the Farmers’ Loan
& Tru*t Oo. Coupons due yesterday are paid at the Central
Trust C i. The *4.703.000 new stock has been listed on the
Stock Exchange.—V. 61, p. 183.
Columbus Sandusky & Hock ing.—Time far Deposits Ex
tended to July 16. inclusive.—Penalty Thereafter.—The re
organize ion committee. Louis Fitzgerald. Chairman, has ex
tended the time for tlie deposit of securities under the plan
of re<:ug»nization to July 16, after which time no deposits
will r* receiv-d except, upon terms to be prescribed by the
<
committee.—V. 68, p. 10"1.
Dan T.(Image's Sons.—To Increase S'oek.—'The stockhold
ers will vote on July 14. 1898, upon a proposition to increase
the capital stock from $1' 0 00" to $150,000, of which $10 >,000
will be 8 per cent cumulative preferred stock and $50,000
common stock.
Dolgfvllle ( N. Y.) E lectric L ight & Power Co.—J?e.
ceiver,—Judge Scripture on Jane 25 placed the company in
the hands of James D Feeter, of Little Fallsi as receiver.
The companv is indebted to its employes in the sum of
$1.5TO, and has liabilities, including outstanding bonds,
amounting to over $109,000. The assets consist mainly of
'he d3m and power plant, not yet fully completed.
Duluth Superior k Western—E astern Ry. of Minne
s o ta —G reat Northern Ry.—Purchase of Dwuth Superior
rf: ires fere— The Eastern Ry. of Minnesota has acquired the
old Duluth A'JWionipegroad, which was recently reorganized
a* the Dolntb Superior & Western. The road, which is
about 100 mHea in length, will be used to form part of the
extension of the Great Northern's maiD line to be completed
this fall between Fi s-ton and Duluth. The Eastern Ry. ol
Minn, will issue $5,' IX 00 of ita new 4 per cent bonds, which
).1
will be a first lien on the entire extension of 230 miles from
Foeston to Duluth,—V. 64, p, 134; V. 66, p. 1237.
Electrolytic Marine Sails Co.—Dividend—Gold from Sea
Water.—Mr J. G. Martin, of Boston, in his monthly dividend.list for July, says:
[V o l . L X V I I.
" T h e E le c tro ly tic M arin© P a lta Co. w ill p a y 3 p e r c e n t o n tlie SfiOQ,0 0 0 c a p ita l teaiied. T itia is th e c o m p a n y w h ic h p r o d u c e s jzold n n d
s ilv e r fro m th e o c ea n , I t s ta r te d F e b . 4. w ith tlv e im to h u irft.liio rc a so d
to H i M arch 1ft, a n d to *238 M ay 8. th e lu ll c a p a c ity o f p la n t N o. 1,
w h ic h '* m afiipulH teel * ft.QOO.uoO to n e of w a te r d u r in g th e p e rio d
*
o ju n e d . T h e bccoiuI p l a n t o f 5 .0 0 0 m a c h in e s is b e iu g c o n e lru c te d .
T h e p r o d u c t fu r th e t o u r m o n th s \va» 9 4 0 o u n c e s of go ld m id 1,814
o u n c e s o f s ilv e r (a h o u t $ 2 0 ,0 0 0 ). a t a c o a t of le s s th a n $ 5 ,0 0 0 . A t
p r e s e n t t h e p r o d u c t is a b o u t $ 2,000 p e r w e e k , a n d th e ‘ m in e ’ b e in g
o n th e ‘ m o th e r lo d e * t h e r e Is no d a n g e r of lo s in g th e v e in .”
Erie Telegraph & Telephone Co.—$20 0 ,0 0 0 Stock Listed.—
The New York Stock Exchange has listed an additional
$20)1,000 of stock, sold to defray the cost of extensions and
additions to the company's property. Tne total amount now
listed and outstanding is $5,000,000.—V, 68, p. 951.
Fnltou Chain RR.—Not Leased.—1 he statement that the
T
N. Y. C. & H. R. has leased the Fulton Chain RR. is officially
denied— V. 68, p. 1237.
General Electric Company.—D rectors Recommend a Re
duction in Share Capital —The directors, at a meeting yester
day, voted to reomr wend to the stockholders a reduction in
the share capital of the company, both common and pre
ferred, of 40 per cent, so that each holder of 100 shares of
present slock will get 60 shares of the new stock. “ This set
tlement, while satisfactory to the common stockholders, is
regarded as particularly favorable to the preferred share
holders, inasmuch as it will render unnecessary the taking of
any steps for the liquidation of the company, in which event
the preferred stockholders would receive only the same
amount as the common stockholders, and no back dividends.
The plan now adopted contemplates the payment, from the
surplus earnings of the company as they are hereafter made,
of the accrued dividends on the preferred stock. On the basis
of the new capitalization $1,275,000 will be required annually
to pay 7 per cent upon the preferred stock and 6 per cent
upon the common stock.”—V. 66, p. 1188.
Gulf & In te r State.—Issue Approved.—The Texas Railroad
Commission has authorized the company to issue the pro
posed $71,000 of stock and $319,000 of bonds in lieu of $450,000 of the old stock.—Y. 66, p. 1189.
Illinois C entral RR, — Bonds Listed.— The New York
Stock Exchange has listed $4,98 1,000 8 per cent and $6,321,0003!.< per cent St. Louis Divisiou & Terminal gold bonds and
g li,320.000 LouDville Division & Terminal mortgage 3f4 per
cent gold bonds.—(V. 66, p. 1237.)
Indiana & Lake Michigan RR.—Ordered Sold.—A fore
closure decree has been entered against this property by
Judge Woods at Indianapolis.—V, 66, p. 331.
Kansas City (Mo.) Gas Co.—S2,225,000 Bonds Offered.—J.
& W Seligcuan & Co., in conjunction with the First N a
tional Bank of Philadelphia, offered this week, at 101 and
accrued interest, $2,225,000 of the. 5 per cent first mortgage
sinking fund twenty-five year gold bonds of 1897, being part
of a total authorized issue of $5,000,000, of which $1,535,000
had already been sold while $1,351,000 will remain in the
hands of the Guaranty Trust Co. of New York for future ex
tensions. This company, which “ is the ouly gas company
supplying gas in Kansas City, Mo., and the only company
authorized to do so,” and its bonds now offered, were quite
fullv described in the C h r o n i c l e of Aug. 14, 1897, page 277.
Additional facts now published follow:
T h e sj-rln e ip a l a n d i n t e r e s t a r e p a y a b le in U n ite d S ta te s g o ld c o in o f
t h e p r e s e n t s ta n d a r d o f w e ig h t a n d fin e n e ss. C o u p o n b o n d s , w ith
p riv ile g e o f r e g i s t r a t i o n a s to p r in c ip a l M o rtg a g e I', u s tc e s , G u a r
a n ty T r u s t Co. of N ow Y o rk a n d J u l i u s S. W a lsli o t S t. L o u is, Mo.
T h e s in k iu g f u n d is $ 7 5 ,0 0 0 p e r a n n u m fo r te n y e a r s from J a n 1 st,
1 8 9 8 , a n d $ 2 5 ,0 0 0 p e r a n n u m t h e r e a f t e r u n til th e m a tu r ity o f th e
b o n d s . On J u ly 1st, 1 9 0 7 , s in k in g f u n d w ill a m o u n t to , if in v e s te d o n
a 4 1-2 p e r c d h t b a sis, $ 9 2 1 ," 0 0 , a n d in 19 2 2 , o n t h e s a m e b hsix o f r e
tu r n . to $ 2 ,1 8 0 ,0 0 0 . T h e s in k in g fu n d is to h e in v e s t e d by th e T ru st
C o m p a n y in th e s e b o n d s b y p u r c h a s e a t not, a b o v e 105 a n d in te r e s t,
o r w ith th e G ms C o m p a n y ’s a p p r o v a l, in th e s e b o n d s a t a h ig h e r p ric e ;
if n o t so in v e s te d , th e n in o th e r s e c u r itie s s e le c te d b y tlie T r u s t C om
pan y a n d a p p ro v e d by th e G as C o m p an y .
The company reports for the year ending April 30, 1898,
net earnings, $302,655; annual interest charges, $187,500; bal
ance, surplus, $115,155.—Y. 65, p. 1024.
Kansas City Stock Yards. - -Incorporated Under M ssouri
Laus —
President CbarleB Francis Adams announces the
proposed re-incorporation of his company und‘r the laws of
Missouri (hut without change in the capitalization) in the
following circular to stockholders :
O w in g to e x te n s iv e p u r c h a s e s o f r e a l e s ta te i n M iss o u ri, in o r d e r
to a c c o m m o d a te a ra p id y d e v e lo p in g b u s in e s s , t h e K a n s a s C ity S to c k
Y a rd s Co. h a s d e em ed it a d v is a b le o n J u n e 27 to s u r r e n d e r tlie l e tte r s
o f in c o rp o ra tio n in tlie S ta te of K a n s a s a n d to t a k e o u t n e w l e t t e r s of
in c o rp o ra tio n in tlie S ta te of M isso u ri, rto f a r a s Hie s to c k h o ld e r s a r e
c o n c e rn e d , tilts t r a n s f e r of d o m ic ile is m e re ly fo r m a l, a n d in v o lv e s n o
n e w p u rc h a s e s of re a l e s t a t e o r o th e r in v e s tm e n ts , a n d no c h a n g e in
c a p ita ] , o r in e ith e r th e v o lu m e o f s to c k is s u e d o r its v a lu e . S to c k
h o ld e rs w ill s u r r e n d e r i h e ir p r e s e n t c e r tific a te s o f s to c k a n d re c e iv e
n e w c e r tific a te s o f sto o k in th e K a n s a s C ity S to c k Y a rd s Co, o f M is
s o u ri, of e q u al a m o u n t, th ro u g h t h e m e d iu m o f tlie Old C o lo n y T r u s t
Oo. of B o sto n . Tin, n e x t d iv id e n d w ill Ite d e c la r e d a t th e u s u a l tim e
by th e K a n s a s C ity S to c k Y a rd s Co. of M isso u ri, a u d w ill bo p a y a b le
o n ly to th e h o ld “rs o f c e r tific a te s o f t h a t c o m p a n y r e c e iv e d ill e x
c h a n g e f o r th o s e of th e e x is t in g c o m p a n y .
The capital stock is $7,500,i 00, and for some time, it is
stated, has been paving regular dividends of 6 per cent per
annum, with occasional extra dividends of 1 and 2 per cent.
No bonds, it is understood, are outstanding, and no floating
debt. The Quarantine Stock Yards Co. has been organized
with $300,0< 0 capital, all of which is owned bv the Kansas
City Stock Yards Co , to operate the property on the Kan
sas side of the river, which will be used exclusively as a
J uly 2, 1898,J
THE CHRONICLE.
quarantine yard. Within a year the Kansas City Stock
Yards Co. is reported to have purchased over $1,000,0 0 worth
of real estate in Missoari for the purpose of extending its
yards.
Lon? Island RR .—SI 121.000 First Consolidated Mortgage
5s Listed.—Tne New York Stock Exchange has listed SI.121,000 first consolidated mortgage gold bonds, interest reduced
to 4 per cent. All of these bonds have printed across the face
the following:
B y a g r e e m e n t w ith th e h o ld e r o f th is b o n d , th e r a t e o f in te r e s t u p o n
i t is re d u c e d to 4 p e r c e n t p e r a n n u m fr o m th e firs- d a y o f M ay, 1898,
p a y a b le q u a r te r ly t h e r e a f t e r a t t h a t r a t e in g o ld c o in , a o c o rd in g to th e
n e w c o u p o n s h e re to a n n e x e d .
These bonds were issued to retire §1,121.000 of first m ort
gage bonds which matured May 1, 1898.—Y. 66, p. 1189.
Maine Central RR. —Refundingof Maturin'] 7 Per Cents.—
The §756 8 0 of 7 per cent bonds falling due July 1 proximo,
together wi'h their coupons then due. will be paid’on presenta
tion at the office of Vermilye & Co., Brszer Building, B iston,
Mass. The firm named has purchased the $626,50 >consoli
dated 4 per rent bunds, due April. 1912, issued to refund the
maturing loan, and offers to holders of the 7s the right to ex
change their bonds at par and interest to m aturity for the
new 4s at 105^ and interest.—V. 66, p. 616.
M anhattan Ry.—Rapid T ran sit In New York City.—The
Rapid Transit Commission has declined to recede from its
demand of a 5 per cent rental in return for the West Street
franchise. President G uild, before sailing this week for
Europe, said that when the Extension Committee adjourned
on Tuesday it left the entire m atter in the hands of the com
pany’s lawyers, Judge Dillon and Mr. Gardner, and that if
any action becomes ne -essary daring the summer they will
attend to it.—V. 66, p. 1189.
Milwaukee & Chicago Brew eries Lim ited.—No Interim
Dividend.—Press disp itches state that no interim dividend
will be paid this year. The preference dividend is usually
paid in June and December, b at there is no 6xed dividend
day. In 1697 the preferred shares received 12 per cent and
in 1896 8 per cent, but in 1895 nothing. From 1891 to 1893,
both inclusive, the average rate was 8 per cent yearly.
N ashville Chattanooga & St. Louis R.v.—$300,000 First
Consul 5s Listed.—The New York Stock Exchange has
listed $300,(0 i additional first consolidated mortgage os,
issued on account of the Middle Tennessee & Alabama Rail
way, which was purchased in October, 1897, and extends
from Fayetteville, Lincoln County, Tenn., to near Madison
Cross Roads, Madison County. Ala., about 30 miles. The
$300,000 make a total of $575,000 listed out of the $600,000
($20 000 per mile) issuable on account of the new line. The
total amount of the ljan now on the list is $8,213,000.—V. 66,
p. 617.
Nashville Gas L ight.—D i v i d e n d and New Stock.—The
Nashville American on June 23 said: “ At a meeting yester
day a dividend of 3 per cent on the stock was declared, paya
ble July 1, and it was recommended by the stockholders to
the directors that dividends hereafter continue at the rate of 6
per cent per annum until such a time as the company is entirely
out of debt. The suggestion of the directors, which was
made at a recent meeting, providing that $60,000 worth of
the stock be sold to stockholders at par. was adopted ” This
raises the capital stock, it is understood, to $1,000,000. The
company, during a period of thirty years, is said never to
have failed to pay dividends of 10 per cent per annum.—V.
66, p. 1089.
Nassau Electric It It.—Readjustment of Capitalization.—
The financial plan for the readjustment of the capitalization
of the Nassau Electric RR. and its subsidiary lines has been
agreed upon The combined property consists of the Nassau
Electric RR., the Atlantic Avenue Railroad, the Brooklyn
Bath & West End, the Kings County Traction and the Coney
Island & Gravesend. There will be $15,000,100 of stock, of
which $6,500,000 will be 4 per cent preferred and $15,000,000
of fifty year 4 per cent gold bonds. Of the latter $1,500,000
will be reserved for future requirements. The balance of the
bonds to the extent of $11,000,000 will be used to take up un
derlying liens for a like amount. The basis of exchange
for Nassau 5s will be bond for bond, with a bonus
of 20 per cent in preferred stock. Holders of the Atlantic
Avpnae RR first and consolidated 5 per cent mortgage
bonds will receive new 4 per cents and a 25 per cent bonus
in preferred s'ock.
Practically all the stock of the Nassau Electric and Kings
County Traction have assented to the plan and about $6 500.000 of the underlying bonds have already been deposited
with the Guaranty Trust Ci. for the proposed exchange.
The fl rating debt of $1,500,0)0 will b9 paid off.—V. 66, p. 954.
New Central Coal.—New Stock Listed.—The New York
Stock Exchange has listed the $l.00\ 00 capital stock of the
par value of $20 per share, replacing the old stock of $5,00 1,000
in shares of $100 each.—V. 66. p. 1140.
New England Telephone S T elegraph.—
c
Increase of
Stock.—The stockholders will vote July 6 on a proposition to
increase the capital stock from $12,000,000 to $15,000,00 .
President Sherwin is quoted as saying: “ No plan has yet
been considered for is«uing any part of the new stock in the
immediate future. The increase is recommended in antici
pation of the needs of the company from year to year for
extension of the property and business, and with a view or
taking up the 6 per cent bonds, which will mature within the
29
next three years at the rate of about $5.0,000 a year
V
66, p. 951.
New Orleans Traction.—Proposed Plan.—The Reorgauization Committee has outlined a plaa which, proposes that
the stock shall raise the necessary rash to pay off the company's debt. provided the bondholders wdl accept 1 per cent
reduction of interest for five years.—V. 68, p. 857.
New York Central & Hudson River HR. -Additional Col
lateral Bonds Listed.—' he New York Stock Exchange has
T
listed additional Michigan Central 3i£ per cent collateral
bonds amounting to $6,928 010, making the amount now
listed $11,928,000: also additional Lake Shore 8U per cent
collateral bonds amounting to $7 641,000. increasing the
amount listed to $80.537,000.—V. 66, p. 1233, 1237, 1238.
New York New Haven & H artford RR. New England
RR.—New England Road Taken Over—At midnight June
30 the New Eagland RR. was taken pos iessioa of by the New
Haven road and became a part of its eastern division.
Position as to Dividends.—Regarding the transfer of the
New England road to his company, President C. P. Clark said:
“ I n e v e r ex p ect, to see a c o m p le te u n ific a tio n of th e H ew H a v e n a n d
H e w E n g la n d s y ste m a s f a r a s s to c k o w n e rsh ip goes. Som e People
w ill th in k t h a t th e N ew H a v e n is e sp e c ia lly d e stro is of se o n rin g a ll
t h e N w E n g la n d s tu c k a n d w ill h o ld off I e x p e c t w e w ill g e t In
a b o u t 95 p e r c e n t W o a lre a d y have, c o n tro l. N ew H a v en s to c k w ill bo
e x c h a n g e d fo r N e w E n g la n 1 d u riu g 10 d a y s o f J u ly on th e b a sis a lre a d v
a n n o u n c e d . I n so f a r a s th e d ire c to rs c a n look in to th e f u t i r e . n o
c h a n g e in th e r o a d ’s d iv id e n d s w o u ld see m p ro b a b le . T h e in c re a s e d
d iv id e n d s c a ll fo r b u t $ 3 0 0 ,0 0 0 p e r y e a r, an d th e b u r le n a t to e w o rs t
w ill lie le ss th a n th e s a v in g l a te r o n th ro u g h tile r e fu n d in g o f th e N ew
E n g la n d b o n d s.—Y . 66 , p. 12 3 8 , 1189.
New York & Queens County RR.—Mortgage Fded.—The
New York & North Shore KR. has made a mortgage to the
New York Security & Trust Co., as trustee, to secure 1,500
thirty-year gold bonds of $1,000 each. The New York &
North Shore RR, was organized in March, 1897 by the man
agers of the N-w York & Queens County RR., which owns
the trolley system in Long Island City, to build an extension
of their line from Calvary Cemetery to Flushing, Whitestone,
Bayside and Manhasset, The corporation claims to have the
necessary franchises, and to need only a permit from the
State Railroad Commissioners to begin construction.—V. 64,
p. 567; Y. 66, p. 574.
Nicaragua Canal— Maritime Canal Co.—Bill Reported in
Senate.—At Washington, on June 20, Senator Morgan, as
Chairman of the select committee on the Nicaragua Canal,
reported to the Senate a substitute for his bill amending the
act of 1889 incorporating the Maritime Canal Co. of Nicar
agua. The substitute bill provides for the cancellation of
all the outstanding stock, except that held by the govern
ments of Nicaragua and Costa Rica, and for an issue of
11,000,000 new shares, of a par value of $100. Of this new
stock, $70,000,000, it is provided, shall b • turned over to the
Government, and in return the Government is to issue and
guarantee the principal and interest on 3 per cent bonis to an
amount not exceeding $100,000,000. The Government is to
be secured by a first lien on all the property. The bill was
introduced in the House on June 23.
Oiher features of the bill are published as follows:
O f th e g u a r a n te e d b o n d s, * 4 ,5 0 0 ,0 0 0 a re to b e u sed to liq u id a te th e
e x is tin g c a s h lia b ilitie s , c o n tr a c t o b lig a tio n s fo r th e c a n c e lla tio n of
s to c k a n d b o n d s o u ts ta n d in g , a n d fo r th e re im b u rs e m e n t of th e com
p a n y f o r e x p e n d itu r e s a lre a d y in c u rre d . T h e c a n a l Is to be c o n s tr u c te d
u n d e r th e s u p e rv is io n o f U n ite d S ta te s A rm y e n g in e e rs, a n d th e b onds
a r e to be is s u e d b y th e T re a su ry D e p a r tm e n t, a n d a t n o t less Than p a r,
in p a y m e n t f o r th e w o rk o n ly a s i t p ro g re s se s . T u e c o st is lim ite d to
$ 1 1 5 .0 0 0 ,0 0 0 , a n d th e w o rk is to b e e o m p ie 'e d w ith in s ix y e a rs.
P ro v i-lo n is m a d e fo r th e a p p o in tm e n t o f d ire c to rs b y th e P re s id e n t
of th e U n ite d S ta te s , an d fo r th e c re a tio n o f a s in n in g fu n d to c a n c e l
e v e n tu a lly th e lia b ility o f th e G o v e rn m e n t T he n e u tr a lity o f th e
c a n a l is g u a r a n te e d to a ll n a tio n s , w ith th e e x c - p tio u th a t th e lig h t is
r e s e r v e d to p r o te c t i t a g a i n s t all in te r r u p tio n s a n d a t a ll lim e s a s a
n e c e s s a r y c o n n e c tio n b e tw e e n th e E a s te r n a n d W e s te rn c o a s ts o f th e
U n ite d S ta te s
A c c o rd in g to t h e s w o rn s ta t e m e n t o f P r e s id e n t H itc h c o ck , th e e x
p e n d itu r e s o f th e c a n a l c o m p a n y s in c e u n d e r ta k in g th e e n te r p r is e u p
t o J u n e 4 w ere: F o r p re lim in a ry e x p e n d itu re s in c id e n t to p ro c u re m e n t
of c o n c e s sio n s , $280 ,0 0 0 ; fo r s u rv e y s, p la n t, c o n s tru c tio n , n a v ig a tio n
r ig h ts a n d la n u s , $4,2 8 7 ,7 3 6 ; fo r a d m in is tr a tio n a n d c a re of p ro p e rty ,
$ 2 6 8 ,6 9 2 : c a s h o b lig a io n s, e s tim a te d , $ 3 0 0 Ooo; to ta l, $ 5,136,428.
T h e b o n d a n d s to c k o b lig a tio n s w ere: B o n d o b lig a tio n s for w o rk do n e,
$ e ,8 5 5 ,OOO, lens tionds ta k e n in liq u id a tio n . $ 548,000; n e t b o n d obli
g a tio n s . $ 6 ,3 3 6 ,5 0 0 . s t o c k so ld , $ 1 ,0 1 4 ,500; s to rk p a id for con cessio n s.
$12.0(10.000; s to c k issu e d to N ic a r a g u a . $ 6 ,0 o 0 .0 o o : s lo c k to be issu e d
to C o sta R ica, $ 1 ,5 0 0 ,0 0 0 ; s to c k p a id fo r w o rk , $ 2 ,9 5 7 ,0 0 0 ; to ta l stook
o b lig a tio n s , $ 2 3 ,4 7 1 ,5 0 0 .—V. 6 5, p. 27.
Ohio River & Charleston.—Sale Ordered—Judge Simonton, of the Uuitad States Circuit Court, at Chailo ta, N. C.,
has ordered the sale of this prop >rty uader foreclosure of the
mortgage of 1897, of which the Finance C > of Pennsylvania
.
is tru-tee. The sale will take place at Marion, N. C.. at a
date not named. It was recently reported that the South
Carolina & Georgia would acquire and extend the line.—V.
66, p. 901.
Pacific Coast Co.—Securities Listed.—The New York
Stock Exchange has l i s t e d $4,446,000 of t h e company's first
mortgage 5 per cent bonds; also $ .5 5,500 first preferred
stock, $3,914,4' 0 second preferred stock and $6,809,609 com
mon stock. As to its preferred shares, the company says:
U n d e r s a id p la n th e firs t p r e f e r r e d sto o k is to h a v e a first p re fe re n c e
a s to d iv id e n d s to th e a m o u n t of 5 p r c e n t p e r a n n u m , w hich s h a ll n o t
be c u m u la tiv e ; t h a t is to say th e p re fe rr e d s to e k ill au.v y e a r s h a ll be
p a id 5 p e r c e n t In d iv id e n d s b e fo re a n y d iv id e n d is paid u p o u sec o n d
p re fe rr e d o r co m m o n stu ck . T h e second p re fe rr e d s to r k is to h a v e a
sec o n d p re fe re n c e a s to d iv id e n d s to tile a m o u n t of 4 p e r c e n t p e r
H ijiuun, w hich s h a ll o t b e c u m u la tiv e : t h a t is to s a v th e seoond
p r e f e r ed s tu c k in a n y y e a r s h a ll b , p a id 4 p e r om it 10 d iv id e n d s be
fo re a n y d iv id e n d .is p a id u p o n tn e co m m o n stook- A fte r p a y m e n t or
6 p e r c e n t upou th e fir s t p e e e rre d s to c k a n d 4 p c ' c e n t u p o n th e sec
o n d p re fe rr e d sto o k in a n y y e a r , th e o om m ou s to c k is n e x t to be e n tt.
30
THE CHRONICLE.
fV . LXM
oL
I,
t!,-4 to 4 p n r e o a t In d iv id e n d s , a n d I t in a n y r e a r d iv id e n d * in » M « J Washington and Atlanta, and the remainder consists of
o r 'i j’.-r p a n t u p o n th e :1*->t p r r f i r m ! M o d i n n d 4 p e r ri‘111 n p o u th e branch lines in Virginia connecting with said main line.
w e o n d p r e f e r r e d »t-tok a n d 4 p r c e n t u p o n th e c o m m o n s to c k no
The road is taken subject, of coarse, to the existing m ort
p a id , b o th d m i,» .t tw o »■!»«•»» o t s to c k . to w it. s e c o n d p r e f o r te l s n rt
o o ttitn o n a r e to . h a r e r a to tj 1y *h -■ o tu ; e a c h ^iiato o f s te o k re c e iv in g gages thereon, but by virtus of the pure Ins a the consoli
n
, 11]c ; . r ! th e re o f a* a u v o th e r a b u ra , w ith o u t redan*! to w h e th e r dated mortgage of the Southern Railway Go. becomes a
i t fee s e c o n d p r e f e r r e d o r c o m m o n .
Regarding the boatlt the company aids:
T h e bond* c o v e r e d b y th is a p p lic a tio n a r e n * -t o t a n Issu e o f b o n d s
fo r th e p rin c ip a l s u n Hi th e a g g re g a te o t e L O '0 ,0 0 * , to w it: 5 ,0 0 0
h e a d s o t S t.o u t) e a c h , p a y a b le in S e w Y o rk C ity , l a Cold c o in o f
th e i! tie d S ta te s o f th e p r s e n t s ta n d a r d , J u n o 1. 1 9 1 0 , b e a r in g
in te r e s t a t u s r a t e o f S p e r c e n t p e r a n ttu iu , p a y a b le a lso In now
Y ork iV jr . «eiut a n n u a lly , in lik e g o ld c o in , o n th e f ir s t d a y s o f Jan e ,
a n d D e c e m b e r la e a c h y e a r ; a ll d a te d th e fir s t d a y o f D eo *III h e r. A. D.
ISO ?, This re m a in d e r o f » ltd l-s u e o f b o n d s to w i t : $ 5 5 4 ,0 0 0 , a re
by th e te rm s o f s a id m o rtg a g e to b o d e liv e re d to t h e c o m p a n y u p o n
!U d e m a n d f r e e , tim e to tim e a t no g r e a te r r a t e t h a n a t th e r a t e o f $ 100,0 0 0 . p a r v a lu e , o f b o n d s p e r a n n u m , a n d th e n o n ly u p o n p u r c h a s e o r
a c q u is itio n o f s te a m s h ip s o r o th e r p r o p e r ty re q u ire d b y th e c o m p a n y ,
o f a v a lu e e q u a l to th e p a r v a lu e o f th e b o n d s so Is su e d , w h ic h p ro p
e rty •■fiall b re o rn e s u b je c t to th e lie u o f s a id m o rtg a g e . T il- rn o rtsge * c u rin g th e s e b o n d s Is d a te d D e e. 1, 1*9"*, is m a d e to th e Mana t t a u T ru s t i ' > , a s tr u s te e a m i c o v e rs a ll th e p r o p e r ty , r ig h t s a n d
fra n c h is e * o f th e 1‘a eliie 0 ..is; C o ., w h e ih o r th e s a m e h e n o w o r h e r e
a f te r a c q u ire d , in c lu d in g a ll th e c o r p o r a te s to c k s , b o n d s a n d o th e r
p in p e r; y h e re in b e fo re in c u t o n e d .
E
Coder the annual reports are given the statements, earn
ings etc., furnished to the Exchange.—V. 68, p 1238.
Philadelphia (N atu ral) lias Co. o f P ittsb u rg .—P r o p o
sition to /•>.'. u ! Option tilt J a n u a r y l, 1899.—President
G e o r g e Wesiinghonse has issued the following circular to
the stockholders :
" A t a m e e tin g h e ld to H y . s to c k h o ld e r s w e re p r e s e n t r e p r e s e n ti n g
s u b s ta n tia l!*
if th e s h a r e s fo r w h ic h I h o ld o p tio n s , a n d a ftu r
a fu ll d is c u s s io n . In v ie w o f th e i n te r r u p tio n to a ll i m p o r t a n t fin a n c ia l
n e g o tia tio n s lt> -re a so n o t th e w a r, it w a s u n a n im o u s ly re s o lv e d t h a t
M r. W o th ig h m is e he re q u e s te d to a s k th e s to c k h o ld e r s to e x te n d th e
o p tio n w h ic h b e n o w h a s u n til J a n u a r y 1, 1 8 9 9 ."
" I th e r e f o r e r e t u r n h e re w ith y o u r o p tio n , e x p ir in g J u ly 1, w ith th e
r e q u e s t th a t y o u e x e c u te a n d r e tu r n th e n e w o p tio n , w h ic h is also
e n c lo se d , a t y o u r e a r lie s t c o n v e n ie n c e ." - Y, 8 6 , p . 9 5 2 .
Philadelphia & We»t Chester Traction Co.—New Mort.
gage.—The stockholders will vote Aug. 23 on a proposition
to make a new mortgage for $400,0C0 to retire outstanding
indebtedness and for other purposes. On June 30, 1897, the
company had *63,458 of loans payable outstanding.—V. 60,
p. 837,
Pullm an1 Palace Car. —
'
Advrnce in Stock.—The stock of
this company has advanced in p:ice about 25 points within
the prist three weeks. No official announcement has been
made to explain the advance, but the general expectation is
that a distribution of treasury assets to the stockholders is
about to be made. The company owns besides its maun
factoring business a large amount of property, including
real estate, which it has been thought might well be
rested in a separate corporation. The formation of such a
corporati n and the distribution of all or a part of its stock
to the Pullman shareholders to represent surplus earnings
diverted to additions and improvements has often been
talked of in the past and may perhaps be now impending.
The company’s capital stock is $36,000,60 > and its income ac
,
count surplus on Jaly 1, 1897, stood at $25,247,648.—V. 66,
p. 1141.
Sandusky (0.) S treet Railway.—Foreclosure Sale July 9.—
The sale of the property is advertised for July 9 under the
foreclosure of the mortgage, of which Rollin B. Hubbard
and Jay O. Moss are trustees.—V. 64, p, 235.
Southern Indiana Ry. Co.—Evansville & T erre Haute
RB.—>1,500,000 New Bonds.—The Southern Indiana Ry. Co.
has made an issue of first mortgage gold bonds for $1,500,000,
of which $1,000 000 are now outstanding. The bonds are
dated June 1, 1898, bear interest at the rate of 5 per cent,
payable in June and December, and mature June 1, 1938.
The bond certificates, amounting to $4 0,009, have been
taken up The Southern Indiana Ry. owns from Elnora,
Ind., to Westport, 101 miles, and is a reorganization of the
Evansville & Richmond RR. sold in foreclosure March,
1897. Its capital stock, $1,500 000, is all owned by the
Evansville & Terrs Haute RR. Co.—V. 65, p. 1173,
Southern Railway.—Rnomille Cumberland Qapdk Louisrilli. Ry. Acquired by Deed - The Southern Railway Co.
hiw acquired by deni the property and franchises of the
Knoxville Cumberland Gap & Louisville Railway Co., ex
tending from Knoxville, Tenn., to Cumberland Gap, Tenu.
u v m t 63 niib-;, with trackage rights over about five miles
ot the line of the Louisville & Nashville Railroad between
Cumberland Gap and Jliddlesboro. Ky,
The firmthem purchased all of the stock and bonds of the
Kr.oxviM.* Cumberland Gap & Louisville Railway Co. in
1896 iseeS-mtb-rn Railway Co. annual report for lt*9C. page
9i. Ti;,‘ result of t v c presto t conveyance, therefore,is simply
to merge the property and franchises into those of the Southerii Railway Co., which heretofore has controlled the Knox
ville ( umber land Gap and Louisville property through the
ownership of all that company’s securities.
Virginia Midland Ry— Acquired by Deed—The Sm thern
Railway Co. on .Tune 21, 1893. acquired by deed the prop
erty and franchises of the Virginia Midland Railway Co.
^ontbero owned substantially all of the capital stock of
the 4 lrgin-a Midland and has heretofore operated the prop
erty under a lease.
r
The lines of railway thus conveyed to the Southern Rail
way Co. compn-e about 36E miles of road within the State of
Virginia, of which about 231 miles (from Alexandria to
Danville i is a portion of the Southern’s main line between
direct lien upon the property, whereas it has heretofore been
a lien only on the V rginit Midland stock and upon the
Southern Railway Company’s leasehold interest in the prop
erty.—V. 60, p, 1232,
Southwestern Arkansas & Indian T errito ry R R .—
Sde
Ordered.—This property has been ordered to be sold under
foreclosure, the np*et price to bo $115,000, The road extends
from Smithton to Pike City, Ark., 34 miles.—V. 65, p. 879.
Spokane Palls A N orthern Ry,—N orthern Pacific RR.—
Great Northern Ry.—Joint Purchase —The additional fact
has been learned officially that the purchase of the Spokane
Falls & Northern was made in the interest of the Great
Northern as well as the Northern Pacific.—V. 66, p. 1238,1237,
Spring Valley W ater Works Co. of San Francisco.—
$4,000,000 New Bonds Proposed.—The stockholders will vote
at the company’s office, 126 Stockton Street, San Francisco,
on Ang, 4, upon a proposition to increase the bonded in
debtedness to 813 975,000 through an issue of $1,000,090 of 4
per cent gold bonds. The new bonds will be dated Sept. 1,
189,8. and mature "’ept, 1, 1906, with interest in the meantime
quarterly. They are to be secured by mortgage upon all the
property now owned or hereafter acquired, and are to be
used “ for the purpose of paying the debts of the corporation
and maintaining and extending its properties and system of
works, and for no other purpose.”
Standard D istilling & D istributing Co.—O ganized.—
This company was incorporated on Monday, as planned,
under the laws of New Jersey, and has elected the following
directors and officers:
Directors—
Frank Curtiss, F. O. Mattkieasen, E. F. O Young, Georgs
.
R. Sheldon. Almerio Hugh Paget, T . A. Dick, M. J. Perry, James A.
V
Webb, A. Q. Garrison, Frank L. Perrin, Samuel Woolner, Pembroke
Jones, H. G. Herget and Alfred Bevle.
officers—
President. Frank Curtiss; First Vice-President, Pembroke
■Tone-; Second Vice-President. Samuel Woolner. Treasurer, James A.
Webb; Secretary. N. E D Huggins; General Counsel, Levi Mayer;
Exerutivi; Committee, Messrs, Curtiss, Webb, Mattbiessen, Sheldon,
Jones, Young and Woolner.
The company began active business July 1.—V. 66, p, 1190.
Staten Island Rapid T ransit. — fault.—Deposits Re
D
quested.—Interest due July 1st on the second mortgage bonds
has not been made and legal proceedings are being taken for
the protect! m of the bonds and for the appointment of a re
ceiver. Hadgarten & Co. accordingly have consented to ac
cept deposits of the second mortgage bonds guaranteed by
the Baltimore & Ohio RR. Co. under th9 mortgage of Nov.
21, 1885, and to act for the bondholders in devising and pro
moting a reorganization of the property covered by the m ort
gage and preserving the bondholders’ interests, ’ The bond
holders’ agreement has been prepared aud may be obtained
either from the firm or from the Central Trust Co. A pian
of reorganization will be formulated and submitted to the
bondholders as soon as can be done with due regard to their
interests.
Ni-w Mortgage Trustee.—Charles E. Lewis has been ap
pointed trustee under the second mortgage of Nov. 2.1, 1885,
in the place of Charles Wehrhane, resigned.—V. 66, p, 955.
Teunessee C entral RR,—Mortgage for $5 000,000.—The
company has filed a mortgage to secure $5,090,000 of 5 per
cent fifty-year gold bonds to the Mississippi Valley Trust Co.
of St. Louis as trustee. Jere Baxter is President and W. E.
Eastman Secretary of the railroad company. President
Baxter is quoted as saying that the work is progressing well
on the East Tennessee end of the line. The road is projected to
run from near Kingston on the west bank of the Clinch River,
via Knoxville and Nashville, to Clarksville, a distance of
about 25!) miles. In 1897 the line was about completed from
Lebanon to Standing Stone, about 27 miles,—V. 66, p. 88.
Terre Haute, & Indianapolis RR.—Coupon Payment.—
The coupons due July 1st on both mortgages are being paid
at the Farmers’ Loan & Trust Co.—(V. 68, p. 331.)
Union Pacific RR. New Vice-President.—Win. D. Cor
nish, who has b-en the Master in Chancery iu the receiver
ship cases of the Union Pacific has been elected First VicePresident of the new company and will have change of the
New York office.—V. 66, p. 1180.
United States Mortgage & T rust Co.—Bonds Called.—
The entire issue of $1,009,noO first mortgage 5 per cent trust
gold bonds, Series " A,” will be paid at par on Angust 1,.
1898.—V. 66, p. 1289.
Westinghouse Air B rake.—Purchase of Boyden Patents.—
The stockholders of the Boyden Air Brake'Co., at Balti
more, on June 24, voted unanimously o sell the Boyden
patents to the Westinghouse Company for the sum of $'k 0,i 00 This sale will end the contest which has been carried
on by the two companies in the courts for nearly nine years.
An official of the Westinghouse Co. is quoted as saying:
I n 1tie r e c e n t litig a tio n b e tw e e n th e W c s tin g h o u s n A ir B ra k e Co.
a m i th e B o y d e n B ra k e C o., th e S u p r e m e C o u r t d e c id e d t h a t th e B oy
d e n p a te n ts w e re v a lid a n d c o v e re d a fo rm o f q u ie k -a o tio u b ra k e e n
tir e ly difl’ r e u t fro m th o s e o f i lie W e s tin g h o u s e p a te n ts . A f te r t h e
e
lii-ci-ioTi w a s re n d e re d , th o B o y d e n p e o p le a p p r o a c h e d u s w ith a v ie w
o f s e llin g its b u s in e s s a n d p a te n ts u p o n a b a s is w h ic h w a s c o n s id e re d
v e ry a d v a n ta g e o u s to th e W e s tin g h o u s e p e o p le . T h e fin a l d e ta ils o f
t h e ‘m a t t e r a r c n o w b e in g a rra n g e d .
J u l y 3. 1898.J
THE CHRONICLE.
gSBoyden brakes and Westinghouse brakes in one train, cou
l e e ed by the same air-pipe, it is said, will operate in perfect
unison
1 Foreign Contract.—Negotiations, it is understood, have
been completed between the Manchurian Railway in Russia
and the Westinghcuse Air Brake Co. of Pittsburg and the
Westinghouse Brake Co., limited, of London, England,
under which, reports sav, the Manchurian Railway will pur
chase between §2,000,000 and $ >,000,000 worth of Westinghonse air brakes. This contract, it is thought, may result m
the establishment of Westinghouse shops in Russia —V.
66, p. 955.
West Y irginia C entral & P ittsb n rg Ry. Co.—Additional
Bonds Listed—The company has built and has in operation,
including branches, and excluding sidinss, 122’8 miles of
road, from a junction with the Piedmont & Cumberland road
at Piedmont, in Mineral County, West Virginia, to the town
of Belington, in Barbour County, West Virginia. By the
terms of its first mortgage this company is authorized to
issue $1,900,Of0 of bonds on the first 25 miles of road built,
and after th at to issue bonds at the rate of $25,0 0 per mile
for each mile of ro ai c unpleted. In conformity with this
provision the directors on Jan. 25, 1893, authorized the issue
of $250 000 additional bonds. Of these bonds the New York
Stock Exchange has listed the $100,000 already sold, making
total amount listed $3,100,000, inclusive. The trustees under
the morteage are now William Pinkney Whyte and the
Metropolitan Trust Co. of New York. The proceeds of all
the $250,0T0 bonds are to be used in the liquidation of in
debtedness incurred for shops, equipment permanent im
provements, &c.—(V. 65, p. 566.)
31
glxe (Ecrmmmml gintes.
COMMERCIAL
EPITOME.
F rida y N igh t , J u ly 1, 1398.
The past week has been one without features of especial in
terest so far as the general business situation has been con
cerned. In a few lines trade has been spoken of as above an
average for the time of year, particularly in the interior • but
the general report has been of quiet mirkets, as merchants
as a rule have been busily engaged in taking account of
stock, and furthermore there has beeu adisposition shown to
wait until after the holiday season before making new vent
ures. A large demand has been experienced for revenue
stamps, inasmuch as the law necessitating their use became
operative to-day. The progress of the American army in
Cuba has received widespread attention, and reports were re
ceived to-day stating that a a important engagement had
been begun. Advices from Paris say it has been decided to
restore the full import duty on wheat July first. Saturday,
July 2, will be generally observed as a holiday iu trade
circles, as with few exceptions the financial and com
mercial Exchanges adjourned business from Fridav night
until Tuesday morning.
Lard on the spot has had only a limited sale, as the demand
from both refiners and exporters has been slow; offerings
have been fairly free, and prices have declined, closing quiet
at 5 60c. for prime Western, 4'80e. for prime City and 5-95c.
for refined for the Continent. Speculation iu lard for future
delivery has been quiet, and as packers have offered supplies
with some freedom, prompted by a full run of swine, prices
W ilm ington Columbia & Augusta RR.—Northeastern have declined.
RR.—Florence RR.—H andiest" r & Angnsta RR.—Cheraw
DAILY CLOSING PRICES OP LARD FUTURES.
& D arlington RR.—A tlantic Coast Line RR. of South
S a t. M on.
Tues. Wed.
T h u r s. F r i.
5 '7 0
5 '6 7
5-65
5'6 5
C arolina.—To Vote on Consolidation.—The stockholders of J u l y d e liv e ry ................... o. 5 '9 5 5 '8 5
each of the six companies first named will vote during the
Pork has beeu in slow demand and prices have been easier,
third week of July on a proposition to consolidate their prop closing at $10 #10 5 )for mess, $11 50@12 for family and $11 50
erties under the title of the Atlantic Coast Line RR. Co. of (d 13 50 for short clear. Cat meats have been in moderate
South Carolina, a company incorporated for that purpose demand and have sold at full values, closing at 5^@6c. for
early in 1897—see V. 64. p. 663, 887. The consolidated com • pickled bellies, 12@10 lbs. average, 4^@4%c. for pickled
pany will own and operate about 660 miles of road, and will shoulders and 7 #8c. for pickled hams. Beef has sold
issue a 4'^-per-cent mortgage, and preferred and common slowly and prices nave weakened to §10 50@U for packet,
stock. The details as to the new securities, it is stated, will §10 50@12 for family and $16^17 for extra India mess; mess
not be completed until the meeting of stockholders of the nominal in the absence of offerings. Beef hams have been
several roads is held, when this part of the undertaking will easier closing at $22. Tallow has been steadier, closing at
be more fully matured and adopted.
31a®31Jc. Oleo stearine has been quiet and unchanged at 5c.
The Wilmington Columbia & Augusta road is operated Lard stearine has been without change at
for
under a ninety nine year lease by the Wilmington & Wel prime City. Cotton seed oil has sold slowly, but prices have
don Railroad Company, and to enable the W. C. & A. to be held about steady, closing at 24@24L for prime yellow.
^c.
come part of the new7 corporation the option to convert its Butter has b°en freely offered, and at the close the tone was
stock, it is stated, will be given to existing stockholders by easy, with 13)£@17c. the prices quoted for creamery. Cheese
one of the three following methods : The new company will has sold slowly and the close was easy at 5% ®8c. for State
pay $130 in cash for each share ; or $120 in 5 per cent certifi factory, full cream. Fresh eggs have been steady, closing
cates of indebtedness of the Atlantic Coast Line for each at 12t4@13c. for choice Western.
Brazil grades of coffee have been in slow demand, jobbers
share, or by conversion of the present stock into the securi
generally stating that they have experienced a-dull distribut
ties of the new company.—V. 61. p. 837 : V. 66, p. 233.
ing business, as grocers as a rule have been engaged in taking
Wisconsin Central.—Joint Tmprovement Bonds.—Central account of stock. The invoice trading has been quiet, but
Car Co.—The receivers have filed a schedule of the property as primal market have held firm, local holders have not been
of the Central Car Co. in their possession. The schedule anxious to sell, and values have held steady, closing at 6}^c.
shows a total of 88 locomotives, 31 passenger coaches, 30 bag- for Rio No. 7 on the spot. Mild grades have been steady and
f age coaches, 5 chair and 4 dining cars, 2,444 freight box cars, desirable grades have had a quick sale at full value, closing
92 flat cars, 1,166 other cars and 13 cabooses which belong to at 8)20. for good Cucuta. East India growths have been dull
the car company. The receivers have collected $14,847 in but steady at 25c. for standard Java. Speculation in the
surance for equipment destroyed, and have expended $10,081 market for contracts has been quiet, as neither buyers nor
for improvements. The number of cars totally destroyed is sellers have been aggressive and prices have barely changed.
224. The greater part of the stock of the Central Car Co. is Following are the final asking prices.
pledge 1 to secure the W isconsn Central j lint improvement J u ly ........................ 5 '5 5 e . | O c t ........................ 5 75o IJ a n ...................... 5‘85cA u g ........................ 5-fiOo.N o v .......................... 5-75o. | M a r ........................5 '9 5 o .
bonds and forma their prim ipal asset.—V. 66, p, 1143.
S e p t....................... 5'70o. I D e c .................... 5 '8 0 c . IM a y ..................... 6 '0 5 c.
—Messrs. Andrew McKinney,Fred'k L. Mathez and John W.
Casilear annonnce the formation of a copartnership for the
tra n s itio n of a commission business in stocks, bonds, grain,
cotton and investment securities under the firm title of A n
drew McKinney & Co.
—Charles Badglez and Frederick W. R itter have this day
been admitted to partnership in the b a n k i n g and brokerage
firm of Floyd-Jones V Robison. Mr. Ritter, late with Messrs.
Brown Brothers & Co., will give special attention to the in
vestment branch.
—Messrs. Rudolph Kleybolte & Co., 35 Nassau Street, New
York, offer for investment of July funds a selected list of
municipal bonds. The advertisement will be found on page
Tiii.
—Messrs. Chas. T. Wing & Co. offer investors, through ou
advertising columns, several lots of choice railroad bonds. The
list will be found on page viii.
—The Knickerbocker Trust Co. will pay dividends on a
number of securities, list of which will be found in another
column.
—Attention is called to the list of investment bonds adver
tised in another column by Messrs. Blodget, M erntt & Co.,
Boston.
—Farson, Leach & Co., will pay dividends on a number of
securities, list of which will be found in another column.
—N. W. Harris & Co. will pay dividends on a number of
securities, list of which will be found in another column.
Raw sugars have been neglected, as refiners have with
drawn from the market as buyers; nominal quotations have
been unchanged at 4l
4c. for centrifugals, 96 deg. test, and
8%c. for muscovado, 89 deg. test. Refined sugar has been
quiet and unchanged; refiners have continued their guarantee
of prices for thirty days. Other groceries have been dull.
Kentucky tobacco has had only a limited sale, but offerings
have been light and values have held steady. Seed leaf to
bacco has been quiet hut steady. Sales for the week were
1.220 cases; also 800 bales Havana at 75c.@$1 10 in bond and
280 bales Sumatra at 75c, @$l 85 in bond.
Ouly a moderate volume of business has been transacted
in the market for Straits tin, but reflecting stronger foreign
advices prices have again advanced and the close was firm
at, 15'45@15'55c. Ingot copper has been moving freely on
contracts, bnt new business has been slow, and as there have
been free offerings prices have weakened slightly, closing at
ll% c. for lake. Lead has been in moderate demand and
steady, closing at 3*95@4c. for domestic. Spelter has been
quiet and easier, closing at 5-15c. for spot delivery. Pig iro°
has been quiet and prices have ruled in buyers' favor, closing
at §9 75@11 50 for domestic.
.
„„
Refined petroleum has been firmer, closing at 6-25c. in
bbls., 3-75c. in bulk and 6'90c. in cases; naphtha quiet at
5'50c. Crude certificates have been dull; credit balances
have been advanced to 92c. Spirits turpentine has been dull
and easier at 26^(2263
4'c. Rosins have weakened slightly,
closing at $1 49@$1 45 for common and good strained. Wool
has had a moderate sale at firm prices. Hops have been in
moderate demand at steady values.
THE CHRONICLE.
32
C
O
T T O
N
.
F riday Night , July 1, 1898.
T h e M o v e m e n t o f t h e C r o p , as Indicated by our telegram*
from the South to-night, is given below. For the week ending
t h i s evening the total receipts have reached 19,394 bales,
against 15.181 bales last week and 18,160 bales the previous
week, making the total receipts since the 1st of Sept., 1897,
8.562,l-’.T bales, against 6,081,133 bales for the same period of
1898-7, showing nn Increase since Sep. 1,1897, of 1.9 0,722 bale*.
R e c e ip t*
64—
6‘ul.
Ga’TMton------.
T ex. City. Ae.
New O rleans...
M o b ile.. . . . . . . .
F lo r id a .........
Savannah.........
S io n .
1ST
.........
2,150
93
rw?*.
.........
130
1,001
F r i.
Thun,
336
933
467
1,414
24
......
54
511
......
1,331
5
......
254
i.ie o
8
81
W ed.
......
1,410
6
......
4
172
41
1,732
49
3
15
.........
1
......
430
......
260
12
100
lo iu i,
2,430
.........
7,640
170
1,732
672
1,122
10
48
[VOL. L X \ II.
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, a t the ports named. We add similar figures for
Mew York, which are prepared for our special use by Messrs,
Lambert. & Birrows. Produce Exohange Building.
ON SHIPBOARD. NOT OLKA.RUD FOR™
J u ly
1
at
G re a t
B r it a in .
O th e r
F t'a n c e . F o re if f n
C o a s tw is e .
L c a e in f f
s to c k .
T o ta l,
3ther p o r ta ....
6,489
2,977
None.
500
None,
None.
850
4,000
None.
None.
No Lie.
None.
None,
None.
200
None
14.965
None.
None.
None.
None.
800
750
2,000
None.
None.
None.
400
None.
3,500
None.
None.
21,454
2.977
None.
900
None.
4,300
1,800
6.000
87,310
17,090
11,356
7,000
4,270
12,487
102,629
30.H07
Total 1 8 9 8 ...
14.816
200
13,515
3.900
37,431
273,045
Total 1 8 9 7 ...
Total 1 8 9 6 ...
5,008
12,412
150
3.HR9
5,974
1-1,488
12, 157
1,225
1,35 % 32,144
174.902
211.904
New O rlean s...
tatvestom
C harleston . . . . .
*ol>tle...............
Norfolk,....... .
Speculation in cotton f jr future delivery has been dull and
prices have again weakened. Owing to the continued ab
2
sence of demand for actual cotton, longs in the near-by deliv
.........
........
23
1,058 eries have grown tired of carrying their holdings aud have
122
309
55
119
211 shown a disposition to liquidate then accounts. Tae new......
......
211
20 1,954 crop deliveries have been influenced by the continued favor0
362
400
394
338
782 aole conditions for the growing crop. The selling, however,
272
44
164
218
7a
946 has beeu done principally by foreigners, and it is gener
......
946
......
the local trade th at it has been
37
713 ally believed by
4
50
34{
211
377
against their actual holdings. Neither regular
nor
3.017 3/201 2.372 3,120 2.902 4.273 19 394 outside local
operators have shown a disposition to
Tot- thin
T h e t o n o w in g s n o w s m e w e e k 's t o t a l r e c e ip t s ,t h e t o t a l sin o* make new ventures in the market, as they have beeu
S e p t 1 . 1S«*T o i l ' In- s to c k t o - n i g h t , c o m oarer) w it h la s t y e a r . unable to see anything in the situation to w arrant baying for
investment account; still, as the crop has two critical mouths
S to c k .
1890-97.
A»y7-wa.
to piss through before it is assured, they have been as reluct
R e c e ip t* to
T h is
S in c e Sep.
T h is
S in c e S ep.
ant to sell the market at the comparatively low prices now
1897.
1898.
J u l y 1.
w e ek.
w o rk .
1, 1896.
1, 1897.
ruling inasmuch as with a period of unfavorable weather
5,810 conditions the market would take on a wholly different as
391 1,340,016
G alveston ...
2,13 <1,904,438
20,073
pect from the one now noted. To-day there was a quiet and
C 031
M
. _
_
112,751
easier market prices declining
points under weaker for
30,053
7,640 2,859.329
1,145 2,067,7 l l
108,794
N ew Orleans
eign advices, accompanied by selling orders, liquidation by3,273
36 291,274
4,270
M ob ile........
176 301,770
longs and continued fayorable crop prospects. Tue close wag.
1,73 c 118.433
88,525
reported barely steady. Cotton on the spot has been quiet
11,356
12,073 and prices were lowered 1 16c. on Thursday and 1-16c. to
B avan n ah .,.
572 1,135,850
139 839.390
2,169
269 220
177,266
1,317 day. closing easy at 6L£c. for middling uplands.
Br'wick. Ac.
7,960
1,122 470,000
17,055
Charleston..
9 398.297
The rates on and off middling, as established Nov. 17, 1897,
10 75,874
73,59>
by the Revision Committee, at which grades other th an
W ilmington.
6,885
4b 323,639
2,468 middling may be delivered on contract, are as follows.
8 234M83
P t. Royal, Ac.
W ilm in gton .,..
Waah^ton, Ac.
N orfolk .............
ITp^t K cwb, Ac.
New Y ork.......
Boston...... ........
B altim ore........
Phtiadei'a, * 0
..
8
1,280
572,98 4
25.V98
118.900
220,537
74.732
81,842
211
1,954
782
946
713
z. ,o
33
4
857
703,514
18.611
48,574
158,918
02,312
45,345
16,787
1,621
104,429
7,000
12,009
8.742
97,538
7,5 >
5,614
2.937
310.476
187,259
150
......
344
481
7
392
752
10 9 4
0
T otal*_
_
10
.........
3,357 6,661,435
1,058
N o r f o lk .....
N*port N., Ac
N ew York...
B o sto n .........
B a ltim o re. .
Fhiladel, Ac.
jNuTfc
......
2
u u le s a d d e d a t S a v a n n a h a s c o r r e c tio n o f re c e ip ts
1897.
IB98
R e c e ip t* a i -
Galvea’n.A e
N ew Orleans
M ob ile..........
Bavannah ..
Ohas’ton, Ao.
Wilm’ton, Ac
N orfolk ........
N. News, Ac.
A ll o th e rs...
2,430
7,640
176
572
1,132
48
1,055
211
6,127
1,974
Tot. th is wk
19,394
1896.
3,852
Since Sept, 1 « B9.1S7iHHfll.43
1895.
1894.
1893.
406
2,522
125
1,121
291
28
58
137
530
322
1,432
51
267
65
22
32
365
1,299
8<>5
3,952
20
1,105
44
3
979
1,034
2,177
8 -7
759
2,931
5,22 1
391
1,145
36
139
9
8
150
1.104
5,196
47
3,451
1,130
3,795
10,119
IB,384
959
5190,2 8 7841,950 5893.776 6010,696
The -- viiurts tor t,he week en tmg this evening reach a totaof 36.239 bales, of which 19,891 were to Great Britain, 5,326
to France and II, i20 to the rest of the Continent. Below
Ere the exnort,« for t he week and since Sent. 1. 1897.
i
from—
Wrt* Bnamu Ju t* 1.1808.
fHxprrrUd It)—
Great France Conti- lo ta t
Brtt'n.
nent. Week,
6«1t
••
Tex. City. Ac..
New Orleans 10,dO2
Mobil#............
Feojuicolft..-.
1,732
8»Y»onah..—
......
Brunswick...
Charleston...
Port Royal.
Wllmtmrion.
Norfolk........
N'port N„ Ac .
752
3.018
N#w York—
2.603
Baltimore..
Philadelphia..
l ie
Ban Fran., Ao
10..PP3
T o ta l.........
Total, IRPd-or ft.pan
......
........
........
Great
B r it a i n .
France
7&B, >47 299,362
Ih
76
0,,868
7O 10,828 1,104. 06 421,071
H
164,.401
73,,883
1,732
73,.740 82,54'
157, 289
83,,489
57,,834
117,,089
860
B60 61,,351
762
13.,4P0
20
4.108 8,140 345.150 51,482
146 2,809 209.
.820
3.440 8,449 0 2 ,111 4,070
100
16..964
0.
i,53*
1,002
6,320
From Sept. 1 ,1807. to Ju ly 1, 18I>8
Exported to—
1,002
Conti
nent.
Total
435,775 1.493,2^4
34.613
24,785
781,824 2.307,855
73,674 227,0 6
39,535 113,423
627,621 733,908
87,113 244,38
236.213 31P,7» 2
8,500 60.3
180.307 20H
,O5fl
32,963
97,314
6,776
19,1 *6
294.2 6 690,82*
6.930 805,560
120.185 217,266
17.684
L«2<
133,718 143,210
G o o d O r d in a r y ....................0. l t i o f f
G o o d M id d lin g T i n g e d ....... E ven
S trict; M id d lin g S e a m e d _
_ 7sa olt
Middling S tain ed .-..............
7 ,g off
S tr ic t L ow M id. S t a i n e d . . . l l a off
L o w M id d lin g S ta i n e d ........ 1% off
On this basis the official prices for a few of the grades for
the past week—.Tune 95 to July 1—would be as follows.
S a t.
UPLAN D S.
J o o d O r d in a r y ...............................
Low M id d lin g ..................................
d id d lin g ............................................
'4ood M id d lin g ................................
M id d lin g P a ir ................................
IT Io ii T u e »
5%
511.,,
0%
6%
7 l.o
rrio n T a e s
S a t.
G U LP.
5%
5 '5 ,6
6%
6%
7L„
1
ffJP
j to ut to
sin ce S e p t. 1.
I n o r d e r t h a t c o m p a r is o n m a y b e m a d e w i t h o t h e r y e a r s ,
w e g iv e b “ io w t h e t o t a ls a t le a d in g p o r ts fo r s i x s e a s o n s .
F a ir ............................................ o.
1 on
Middling Fair......................... 1116on
Strict Good M iddling........... % on
h, on
flood M iddling-.............. .
Strict Low M iddling............ 3ia Off
7,8 c a
Low Middling.......... ..............
Strict Good Ordinary........... t’s off
W ed
TU.
F ri.
5 hi
5I5,e
6%
6%
7*,*
5>,«
5 7a
65,4
09is
7
5 t6 lg
6%
6%
616,*
F rl.
S T A IN E D .
Low M id d lin g ..................................
M id d lin g ............................................
S tric t M id d lin g . ...........................
lo o d M id d lin g T i n g e d ................
W ed
T lx .
538
fl0
65*
6 7S
75,
5%
63, 6
6%
6%
75
5%
63, „
6%
0%
75,o
5%
63,4
6%
«%
7 -V
5&ie
6i$
S a t.
G ood O r d in a r y ...............................
Low M id d lin g ..................................
M id d lin g ............................................
G ood M id d lin g ................................
M iddling P a i r ................................
V I0 a T u e *
W ed
TU.
F rl.
4H
5 l5 lf
6SS
6%
4%
515„
66 ,.j
6%
J ' l i«
ftT8
63,2
6® i«
4^8
4H
515,6
6%
4%
515,6
6&S3
6%
5%
6 J ia
6%
61316 6%
73,4
IS4
6%
The quotations for middling upland at New York on
July 1 for each of the past S3 years have been as follows.
1 8 9 0 ... .0.12
1 8 8 2 ... .0.12%
1874....0.17%
1873....... 21
1 8 8 9 ... ..111-8
1881 — -.111,4
1897......... 7%
1 8 8 0 ... - U H , . 1872.......25%
1 8 8 8 ... .. IGfl,,,
t8 9 6 ......... 77,4
1871 -......207 .
g
1 8 8 7 ... - I l ' l D
1 8 7 9 ... - 1 3 ' ,«
7%
1870.......20*3
7M
1886 — .. 9%
1 8 7 8 ... -.117,6
1894.
1869....... 34%
1 8 8 5 ... -.lOifl
1877 — ..12>4
8
1893.
1 8 7 6 ... - 1 2
1.808.........3 1
1 8 8 4 ... ..1 1
7%
1867.......26
1883 .. -.106,6
1 8 7 5 ... ..15%
8%
1891
N o t e .—O n Oot. 1 , 1874, grades of ootton _ quoted were changed.
,..
_
„
According to the new olasnitloatlon M id d lin g was on th at d a y quoted
»ee. low er than Middling of the old classification.
1 8 9 8 . . . . 0. 6>4
M ARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows a t a glance how the m arket closed
on same days.____________________________ ,____________
SALES OF 8POT AND CONTRACT.
SPOT MARBLET
CLOSED.
6.32#
8,431.400 809,612 3,087.704 7.310,815
Sat’day..
Monday.
ruesday
Wed’day
rh'day..
Friday..
4.240
2,092 0*5 693 464 3.19Q.-.Q0 6.875.719
T otal..
Ex
p o r t.
Oon- Svec- C on
s tim p . u V V n tra ct.
,
2 50
Very dulMj* dc.
Easy a t
dec.
1 75
125
....
190
8<>7
236
2 32
1,388
1 ,5 9 0
D ull.....................
Very d u l l..........
Very dull - .........
Q u in t
....
9 63
__
....
Total.
S a le s o f
F u tu r e s .
—
um
2 00
900
3 00
2 ,8 0 0
1,088
10O
3 90
1,957
536
3 ,2 0 7
13,9002 5 ,7 0 0
2 1 ,3 0 0
2 3 ,1 0 0
7 7 ,7 0 0
7 1 ,6 0 0
—
4 ,3 0 0
7,278
2 3 3 ,3 0 0
....
__
__
__
►*3 i g ® a
.
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DAILS
June.
J u ly .
A u g u s t.
S e p te m b e r.
PHIOFS
O ctober.
AND
SALKS
H ovem cr.
D u ll.
A v ’g e ..------- A v ’g e .. 6-14 A v ’g e .. 6 ’18 A.v’g e .. e a A v ’g e .. 6 0 5 A v’g e ..
13,900
4 ,2 0 0
1,400
4,6 0 0
100
6 03 H 6*22 — H) —
>
6-03® 6-0>- 0 03 9
6 1 3 a 6 1 7 6-1 O'® 6-22 6 05® —
S te a d y .
6 1 8 - 6-20 6 - 1 9 - 6 20 6 -2 1 — 6-22 0 0 7 - 6 '0 8 6 0 7 - 6 '0 8 6 - 0 5 -
M onday , J u n e 2 7 —
S a le s, t o t a l ...............
P r ic e s p a id (ra n g e )
C lo sin g .......................
*
©
■ iatnrday, J u n e 2 5 S a le s, t o t a l ...............
PrloeB p a id (ra n g e )
C lo s i n g ........
S te a d y .
A v ’g e .. 6 ’20 A v ’g e .. 6 20 A v ’g e .. 6-22
2,000
2 5 ,7 0 0
2u0
7,6 0 0
6 04® 6-24 6-2015 —
6 1 7 a 6-23 6 -1 9 0 6-24
>
6 2 2 — 6*24 6 * 2 2 - 6-24 6-23— 6-24
S te a d y .
cd ^3
cd
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D -S T n o sd a y , J u n e 2 8 S a le s, t o t a l ...............
P r lo e s p a id ( ra n g e )
rv 0)
C lo s in g ......................
_ »
4 'e d n ’d ’y, J u n e 2 9 S a le s, t o t a l ...............
P r lo e s p a id ( ra n g e )
C lo s in g ............... .
Sa
T h u rsd a y , J u n e 30
S a le s, t o t a l .............
P rlo e s p a id (ra n g e )
a, a ®
A l a b a m a ...
f j i(D * ~ S u f a n la ,
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on © -2-05 M eridian.
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J ln e l n n a tl, O h i o ..............
S M ® t i G reenw ood, 8. C a r o l in a
-W xa —
T e n n e s s e e ..
z ® 3 . E M em phis,
H 0> S
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b N
p
S ren h am ,
T e x a s ...........
ii
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S O
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t. .5 M S P aris,*
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T o t a l, S i t o w n s ______
Ui b c
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s a'*
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g § ®a
OF
FVTVRK8
D ecem ber.
FOB
J a n u a ry.
It A OH
M o vem ent to J u ly 1 , 1898.
R e c e ip ts.
S h ip m ’t* Stock
S ince
T h is
T h is
J u ly 1
w eek. Sept. 1 /9 7 . icee'c
3
16
25
7
65
48
42
1 12
36
11
204
129
136
3
62
66
30
93
384
2,339
217
47
1,866
12
1,240
54
85
1.096
21,887
161,115
8 5 ,769
36,469
2 02,400
3 9 ,412
89,563
207,102
3 69.546
64,754
7 2 ,183
65,262
8,865
157,502
59,517
88,463
40.371
85,801
93,199
9 . ,2 u6
9 84,728
2 5 ,632
2 6 .2 1 6
2 7 8 ,8 8 8
16.309
6 82.210
3 7 ,266
5 0 ,7 2 0
1 23.355
1 .7 4 5 ,6 0 6
89,539
8.428 6 ,0 5 6 ,8 5 5
86
20
9
16
511
25
327
1,226
166
8
165
105
1,145
4
186
60
539
2,941
227
66
1,631
12
1,5 1 4
50
120
4,380
100
— a 6’0°
6 0 8 - 6 09
L ow er
A V g e. ------- A v ’ge. 6 1 3 A v V e. 6 ’ 13 A v ’g e.. 6 01
7 7 ,7 0 0
2 6 ,6 0 0
1,100
500
5 9 8 a> 6*10 — a —
6 1 3 * 6 1 4 6-1 0 * 6 1
O’O B 6 02
O
E a sy .
6-19 - 6-10 6 1 0 - 0-11 6 0 0 - 6 01
— — —
702
10,007
2 8 .851
1,678
328
33
9,468
MONTH
F eb ru a ry
M ovem ent to J u l y 2 . 1897.
Receipts.
S h ip m ’ts Stock
T h is
S ince
T h is
w eek. S epi.1,’96. w eek. J u ly 2.
•
5
15,497
21
31
128,757
69
25b
22
69,191
24
149
5 0 ,5 '3
285
50
88.846
221
32,423
503
15
56,674
15
131,138
494
2 82,735
914
2,608
45,v 10
164
fcOv
60,909
18
63,135
13
186
315
78
8,016
104
165
33
103,152
336
1,57 1
5
34,687
93
57,580
100
800
30
41,450
173
41
64,056
84
1,060
250
81,307
4^112
1,318
271
5 9 ,692
271
850
3,9 8 2
5 4 5 ,4 5 2
7,109
17,244
3
23.270
3
48
2 7 .014
42
3 4 ’5
1,58 ■ 3 0 3 ,9 ' 2
2 ,1 4 0
2,972
19
16.357
24
120
1,732
5 59.572
4 ,1 0 0
14.890
5
27,743
1,025
86
54,6*3
20
212
5 2 .f 6 0
427 1,318,389
277
1,249
732
3 8 ,183
7 32
9,5 6 0 4 ,4 4 2 .2 1 3
f» S
M arch.
A p r il.
6*07 A v ’g e .. 6-05 A v’k ©.. 6*09 A v ’g e .. 6*10 A v’g e ..------- A v ’g e .. 6-19 A v ’g e .. ------3,900
2,5 0 0
8.0 0 0
8< 0
6 00
6*05 9 6 09 6 o t a 6 0 7 6 0 6 0 6*10 6 * 0 9 0 6*13 — 0 —
6 * 1 9 0 6-20 — * —
6 - 0 8 - 6 09 6 0 7 — 6 08 6*08 - 6*09 6*12— 6 T 3 6 * 1 5 - 6 16 6 1 9 - 6*20
6*08 A v ’g e . . 6 0 t A v’g e .. 6 0 8 A v ’g e .. 6*12 A v 'g e .,------- A v 'g e .. 6 T 8 A v ’g e . -------00
2 .2 0 0
1,100
5,4 0 0
3,100
6-10 6 -0 4 0 6*07 6*0 6 0 6 1 0 6* 1 1 0 6*13 — 0 —
— 0 —
6 1 7 a 619
6 09 6 0 7 - 6 0 8 6 * 0 9 - 6*10 6* 1 2 0 6 1 3 6 1 5 - 6*16 6 1 9 - 6-20 “ — —
A v’g e .. 6-08 A v ’g e .. 6 0 6 A v’g e .. 6*08 A v ’g e .. 6*11 A v ’g e ..-------- A v’g e .. 6*18 A v ’g e ..-------3 ,1 0 0
00
3 ,7 0 0
*2,600
8 00
6 0 7 9 6-09 6 06 0 6 0 7 6-07 0 6 09 6 IO 0 6 1 2
— 0 —
— 0 618
— 0 —
6 0 7 - 6*08 6 0 5 - 6 06 6 0 7 - 6 0 S 6 1 0 - 6*11 6 * 1 3 - 6*14 6 * 1 7 - 6*18
A v’c* 6 02 A v’g e
6 00 A v’ge. 6 0 1 A v’g e .. 6*06 A v ’g e ..-------- A v ’g e .. 6*11 A v ’g e .. -------4 ,6 0 0
‘ 0. 00
7,7 0 0
1 4 ,900
2.3 0 0
6 0 0 * o or* 5-9S a 6 0 ? 6*00 0 6-04 6* 0 3 0 6 0 8
— 0 —
6*10® 8 14 — 0 —
6 0 0 - 6 0 1 5*99— 5*99 6 0 0 - 6 01 6 * 0 3 - 6*04 6 * 0 6 - 6 07 6*10— —
— “ —
A v 'g e .. 5*97 A v ’g e .. 5-91 A v’g e .. 5*96 A v ’g e .. 6*00 A v ’g e ..------- A v’g e .. 6*07 A v ’g e ..-------16,? 00
3 .0 0 0
2 ,3 0 0
14,000
7 00
5*95 9 5-98 5-93 a 5-95 5*950 5-97 5*93 0 6 0 1 — 0 —
6*0 6 0 6*07 — 0 —
5 - 9 5 - 5-96 5 0 3 - 5*94 5 9 5 - 5*96 5 * 9 8 - 5*89 6 0 2 - 6-03 6 0 6 - 6*07 6 T 0 - 6*11
5 2 ,2 0 0
604
1 3 ,400
602
1 6 ,400
604
4 7 ,0 0 0
608
100
6.T4
7 ,7 0 0
6*15
1 ,1 1 7 ,7 0 0
2 0 6 ,3 0 0
2 2 8 ,8 0 0
50 3 ,9 0 0
6 .8 0 0
4 8 ,3 0 0
..........
2 ,7 0 0
1 8 ,399
5 2 .480
.g g ip - a
M ay
6-04 Av’g e .. 6-06 A v’g e .. 6 09 A v ’g e .. 6*11 A v’g e .. 6*16 A v ’g e ..-------- A v 'g e ..100
80 0
2,100
100
200
6 05 6* 0 4 0 6 0s 6 0 8 a 6 1 1 6*14® —
6160 —
— 0 —
— a
6-0b 6* . — —
01
6 1 1 — 6*12 6 1 4 - 6*15 6 1 8 - 6 19
A v ’g e . -------- A v ’g e .. 6 20 A v ’g e.- 6-21 A v 'g e .. 6 '0 7 A v ’g o ..
D ull.
2 1 .3 0 0
1,5 0 0
3 ,4 0 0
4.
5 00
6 '0 4 a 6 23 — il —
G*18d> 6*21 6-20® 6 23 6 '0 7 » 6'0 8 6 07 it
D u ll.
6 -2 1 — 6 2 2 6-2 1 - 6 22 6 22- 6 ’23 6 0 8 - 6 09 6 0 3 E a s ie r.
A v ’g e .. 6 1 9 A v ’g e .. 6 -1S A v ’g e .. 6-19 A y’g e .. 6 07
300
2 3 ,1 0 0
2,4 0 0
9,4 0 0
100
6 0 0 * 6*23 6-187* 6-20 6 - 1 7 a 6-21 6-18 0 6-23 6 0 7 ® —
E a sy .
N o m in a l.
6 1 7 — 6 18 6 1 8 - 6 1 9 6 0 7 - 6 0 8
43 4
1,445
1,204
1,510
7,7 2 2
1,385
2,787
683
20,151
2,520
3,862
1,610
435
7,403
381
1,832
3.125
4,986
5,766
2,392
3 5 ,858
15,529 158,558
Av’ge.. 6-09 A v ’g e ..
◄Vo
F rid a y , J u l y 1 E a s ie r.
A v ’g e .. ------- A v ’g e .. 6 ’05 A v’g e .. 6 06 A v’g e .. 5-97
C Q
O l
S a le s, t o t a l ...............
7 1 ,6 0 0
1,500
3 1 ,0 0 0
2,6 0 0
w S
P r lo e s p a id ( r a n g e ' 5*93® 6 09 — -a —
6 0 S ® 6’"6 6 0 4 a 6 09 5-95® 5*98
«J 4
-»
C lo sin g ...................... B ’rly s te a d y
6 - 0 3 - 6 04 6 0 4 - 6-05 5 - 9 5 - 5 96
— — —
m 2
T otal e alee th is w eek
2 3 3 ,3 0 0
500
9.9 0 0
8 2 ,2 0 0
m d
3 ,9 0 0
I v e r a g e p rlo e , w eek
619
6-15
604
6 16
H O
XI Salop Blnoe S e p .1,*97* 2 3 ,5 5 9 ,1 0 0
5 7 8 ,2 0 0
1 ,1 5 2 ,8 0 0
5 ,6 2 5 ,7 0 0
2 8 7 .3 0 0
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34
THE CHRONICLE.
iV 0 L .
l.X'VIL
Quotations fo e Middling Cotton at Other Markets .— inch. The thermometer has averaged 81, ranging from 73
B-jiow are closing quotations of middling ootton s t Southern to 90.
,
and other principal ootton markets for each day of the week.
Columbia, Texas.—We have had showers on two days of
the week, tbe rainfall being twenty-seven hundredths of an
o iA m x a vjU'iTArioMa iro a MJ DOLING OOTTON ON—
e n d in g
inch. The thermometer has ranged from 71 to 89, averaging
J u l y 1.
yr,
80.
Scrfur,
Non.
Tnct.
ITedite*. T k u r l.
Cuero, Texas.—Cotton is doing finely and farm work is
G *iv«s*um ,
5 li,«
618t ,
5 H ,fi
»»».*
a t* i«
well advanced. There has been light rain on five days of tbe
516,3
511,3
516,3
K « w O rli)* a i
- Kn «
6*h,
past week, tbe precipitation being forty t wo hundredths of
5 \
M o b ile ..........
5 \
a \
51,
5 \
an*
s%
59»
5%
5%
S avannah..
5%
tin inch. Average thermometer 83, highest 94 and lowest 73.
CbikrlcM
rton. N o m in a l. N o m in a l. N o m in a l. N o m in a l. N o m in a l N o m in a l.
Brenham, Texas.—We have had rain on two days daring
5 7fl
S’s
S~»
5 7s
55)
the week, to the extent of forty-six hundredths of an inch.
N o r f o l k ___
o%
6 3 .,
6-hs
Oh a
0 :i13
B oa to ld ..........
6%
6*8
The thermometer has averaged 84, the highest being 93 and
6*a
6%
•its
She
B *K im or«\...
6hj
6V
6^
6%
e<*
0>-J
the lowest 74.
P M U d td p h lft
03s
6-\i
6^
6 s*
6«b
O'hs
Corpus Christi, Texas.—We have had rain on one day dur
A u g u s ta ........
6% ® *,«
O h,
6*1,
She
0h«
6 >
ing the week, to the extent of twenty-four hundredths of an
M e m p h is ----516„
8 th ,
6
5 7e
5 7s
& '&
ie
5^8
516,3
5 !5 |«
Bt. L o u is ___
516,3
5 'h «
inch. The thermometer has averaged 80, ranging from 76
H o u s t o n ___
.M il,
513,3
511,3
513,0
»»W
5>*l,
to 84,
6
Cincinnati.. (3
6
6
0
O
Weatherford, Texas.—We have had rain on two days of
L o u is v ille ...
G*s
6%
6>s
61
*
6%
flls
g
of an
The closing quotations to-day (Friday) a t other imported t the week, the rainfall beihas seventy-four hundredthsaverag
inch. The thermometer
ranged from 69 to 91,
Southern markets were as follows.
ing 83.
| C o ia m b u s, Mine 5 R
A t h e n s . . ............
5«*
N a s h v i l l e ........ .
Hew Orleans, Louisiana.—I t has rained on three clays of
N a t c h e z ......... .. . 56s
A t l a n t a .............. 5-e I E u f a u l a ______
5=8
the week, the rainfall being one inch and sixty-four hun
C h a r l o t t e .......... 6s* 1 L ittle R o e lc ....
5 hi
R a l e i g h ............ . 6
O o im n b u e , G a . 5 4
.
5 7 ,3 dredths. The thermometer has averaged 82.
1 M o n tg o m e r y ... 5*8
S h r e v e p o r t___
Shreveport, Louisiana.—We have had rain on five days of
Overland Movement for the W eek and S ince S e p t . 1.—
We give below a statem ent showing the overland movement the week, to the extent of two inches and thirty-six hun
dredths. The thermometer has averaged 80, ranging from
for the week and since Sept. 1, as made up from telegraphic
reports Friday night. The results for the week ending 69 to 93.
Ooiumhus, Mississippi.—There has been rain on two days
Ju ly i and since Sept. 1 in the last two years are as follows.
during tbe week, to the extent of sixteen hundredths of an
18 9 6 -9 7 .
18 9 7 -9 8 .
ineb. The thermometer has ranged from 74 to 98, averag
ing 89. June rainfall three inches and thirty hundredths.
J u l y 1.
S ince
S in c e
W eek. Sept. 1,
W eek. S ep t. 1
Leland, Mississippi.—Rain has fallen on three days of the
week, to the extent of fifty-two hundredths of an inch. Av
S k ip p e d —
erage thermometer 78'7, highest 90. lowest 67.
2,941
8 5 4 ,0 8 4
7 ,1 0 9 5 4 5 .191
Greenville, Mississippi —The weather has been warm dar
2,334
9 5 7 2 7 " ,2 5 8
V ia Cairo................................
3 3 5 ,5 7 4
3 3 ,2 0 0
171
21,195 ing the week with a rainfall of about one inch.
V ia P a r k e r .........................................
E00
4 6 ,8 8 7
13,951
V ia R o ck I s l a n d . . . . . . ...................
Vicksburg, Mississippii—There has been rain on five days
169 136 377
6 4 2 1 3 1 ,4 4 0
V ia L o u i s v i l l e . .. . *«..................... .
1,5 6 9
1,0 3 0 1 4 6 ,0 7$ during the week, the precipitation reaching two inches and
1 5 2 .0 9 6
2 ,7 3 2
1 1 5 .192 two hundredths. The thermometer has averaged 80, the
867
1 8 3 ,8 9 0
V ia o t h e r r o u t e s , & o .....................
highest being 93 and the lowest 68.
T o t a l g r o s s o v e r l a n d ................. 1 0 ,4 8 9 1 ,7 8 7 ,1 7 1 1 0 ,9 3 2 1 ,2 38,242
Little Rode, Arkansas —There has been only a trace of
D educt th ip m e n ti—
The thermometer has averaged 81,
4 ,3 ^ 5
4 9 0 ,1 2 1
O v e r la n d to N . Y ., B o s to n , & o ..
1 ,9 7 4 315,149 rain the past week.
535
41
4,^95 ranging from 68 to 93.
3T .340
B e tw e e n I n t e r i o r t o w n s ............
4 9 ,3 10
1 ,1 7 4
1,257
4 9 ,9 5 3
I n l a n d , 3so.. f r o m S o u th ...............
Helena, Arkansas.—The crop is splendid. We have had
6 ,4 0 4 5 8 3 ,4 1 1
3 ,2 7 2 3 6 9 ,154 showers on two days of the week, the rainfall reaching
T o t a l t o b e d e d u o t e d . . . ...........
thirty-four hundredths of an inch. The thermometer has
4 ,0 3 5 1 ,2 0 3 ,7 5 7
L e a v l n g t o t a l n e t o v e r la n d * ..
7 ,6 6 0 8 6 9 ,033 ranged from 67 to 89, averaging 74.
* I n c lu d in g m o v e m e n t b y r a i l t o C a n a d a .
Memphis, Tennessee.—Crop accounts are generally fine.
T h e foregoing shows th a t the week’s net overland movement Rain has fallen here on two days of the week, tbe rainfall
t h i s year has been 4 ,0 8 5 bales, against 7,630 bales for the reaching eleven hundredths of an inch, but in neighboring
Average ther
w e e k In 1897, and th a t for the season to date the aggregate net sections the precipitation has been heavier.
mometer 8 i'l, highest 92T and lowest 69'7.
overland exhibits an excosi over a year ago of 334,669 Dales.
Nashville, Tennessee.—It. has rained during the week, the
1 8 9 7 -9 8 .
1896-97.
precipitation reaching fifty-nine hundredths of an inch.
Z n S ig h t a n d S p in n e r s '
The thermometer has averaged 78, the highest being 90 and
S in c e
KWLCt
T a k u ig s .
W eek. Sept. 1
W eek. S ep t. 1.
the lowest 64.
Mobile, Alabama.—Reports from the interior indicate that
3 ,8 5 2 6 ,6 6 1 ,4 3 5 there have been beneficial rains, and crop accounts are good.
B e o e lp ts a t p o r ts to J u l y 1 .......... . 1 9 ,3 9 4 8 ,5 6 2 ,1 5 7
4 .0 S 5 1 ,2 0 3 ,7 5 7
7 ,6 6 0 8 ^9 ,0 88
■Tet o v e r la n d to J u ly 1 ...................
S o u th e r n c o n s u m p tio n to J u ly 1. 2 1 ,0 0 0 9 5 1 ,0 0 0 1 4 ,0 0 0 8 3 7,000 There has been rain here on three days of the past week, the
precipitation being fourteen hundredths of an inch. The
T o t a l m a r k e t e d ............................ 4 4 ,4 7 9 1 0 7 1 6 9 1 4 25 ,5 < 2 8 ,3 6 7 .5 2 3 thermometer has averaged 82, ranging from 70' to 93.
1 1 3 ,4 3 2 * 8 ,8 3 9
168,111
I n t e r i o r s to c k s in e x o e s s ................. *7,101
Month's rainfall four inches and eighty-six hundredths.
Montgomery. Alabama.—The cotton crop is doing well and
C a m e I n to s i g h t d u r in g w e e k . 3 7 ,3 7 8
1 6 ,6 7 3
10830398
8 2 9 9 ,4 0 9 bolls are abundant. The weather has been very hot during
T o t a l i n a l g h t J u l y 1 . . ............
the week, with no rain. The thermometer has ranged from
6 .7 0 4 2 ,1 4 7 ,4 3 8 3 4 ,5 0 1 1 .6 3 2 ,7 3 4
N j r t h ’n s p l n n e r s t a k ’g s t o J u l y 1
70 to 98, averaging 84. Jerne rainfall one inch and forty-one
hundredths.
W e a t h e r R e p o r t s b y T e l e g r a p h . — Our telegraphic re
Selina, Alabama.—Telegram not received.
Madison, Florida.—Telegram not received.
ports this evening from the South indicate a continuation of
Savannah, Georgia.—Dry weather has prevailed all the
generally satisfactory weather conditions during the week.
week. The thermometer has ranged from 70 to 96, aver
The temperature has been high and the rainfall about as de aging 85.
sited in most sections, and in constquance further improve
Augusta, Georgia.—We have had rain on two days of the
past week, the rainfall reaching thirteen hundredths of an
ment in the crop is reported.
Galveston, Texas.—We have had showers on six days of inch. Average thermomeler 83, highest 97 and lowest 67.
Charleston, South Carolina.—Rain has fallen on one day
the week, the precipitation reaching one inch and eight
hundredths. The thermometer has averaged 80, the highest of the week, to the extent of forty-one hundredths of an
inch. Average thermometer 84, highest 94, lowest 75.
being 88 and the lowest 71.
Stateburg, South Carolina.—Crops are progressing well.
Palestine, Texas.—The weather has been very favorable
for farm work. There has been rain on five days of the There has been light rain on two days during the week, the
past week, to the extent of eighty-eight hundredths of an precipitation being nineteen hundredths of an inch and more
inch. The thermometer has ranged from 08 to 9 > averag is threatened to day. The thermometer has averaged 84T,
,
ranging from 68 to 84.
ing 79.
Greenwood, South Carolina.—Crops are very irregular and
Huntsville, Texas.—We have had heavy rain on two days
of the week, the precipitation being two inches and twenty- lice are reported in some sections of this country. The week’s
eight hundredths. Average thermometer 3, highest 98 and rainfall has been partial. The thermometer has ranged from
71 to 9i, averaging 84
lowest 73.
Wilson, North Carolina.—There has been no rain the past
Dallas, Texas.—Dry weather is needed. Cotton is doing
fairly well, however, and early plantings are blooming and week. Average thermometer 86, highest 95, lowest 70.
The folio wing statem ent we have also received by telegraph,
forming squares. I t has rained heavily on two clays of the
week, the rainfall being three inches and seventy-eight hnn showing the height of the rivers a t the points named at
dredthf*. The thermometer has averaged 81, ranging from 3 o’clock June 80, 1898, and July 1, 1897.
67 to 95.
June 30, ’98. July 1, ’97.
San Antonio, Texas—Farmers are busy clearing the fields.
Feet.
Feet.
The plant bus greatly improved. It. has rained on two days
10-5
67
of the week, the precipitation reaching three hundredths of New Orleans.........
15-8
16 3
Memphi«...............
an inch. Minimum temperature 72.
5*1
3-6
sfaeliville...............
9*3
Lulirtg, Texas.—We have had light, rain on two davs dur "Shreveport............
11*4
18 2
27-8
ing the week, to the extent of thirty-four hundredths of an Vicksburg..............
THE CHRONICLE.
J u l y 2, 18 >8.1
35
India Cotton Movement from all P orts.—The receipt® 2*®?“ ,D alJshow ers a n d p le n ty o f su n sh in e , h a v e im p ro v e d a ll cro n s
of cotton at Bombay and the shipments from all India ports
for the week ending June 30, and for the season from Sept. 1
to June 30 for three years have been as follows:
1 8 9 6 -9 7 .
1 8 9 7 -9 8 .
S in c e
Sep t. 1.
W eek.
B o m b a y ............
2 3 ,0 0 0 1 ,7 2 7 ,0 0 0
Or e a t
B r ita in .
C o n tin e n t.
B om bay—
1 8 9 7 -9 8 ..
2,000
1 8 9 6 -9 7 ..
1 8 9 5 -9 6 ..
C a lc u tta —
1 8 9 7 -9 8 ..
1 8 9 6 -9 7 ..
1 8 9 5 -9 6 ..
M ad ras—
1 8 9 7 -9 8 ..
1 8 9 6 -9 7 ..
1 8 9 5 -9 6 ..
A ll o th e rs —
1 8 9 7 -9 8 ....................
1 8 9 6 -9 7 ....................
1895 9 6 .
..........
T o ta l a l l —
1 8 9 7 -9 8 ..
189 6 -9 7
1 8 9 5 -9 6 .
C o n ti
n e n t.
1 2 ,0 0 0
7 .0 0 0
6.000
7 ,0 0 0
3 0 .0 0 0
7 1 .0 0 0
3 .0 0 0
1.000
3,00*6
l,0 C 0
11,000
1,000
1,000
407.000
558.000
777.000
21,000
6 4 .0 0 0
7 2 .0 0 0
24.000
70.000
83.000
3 .0 0 0
1 6 ,0 0 0
9 .0 0 0
5,000
24.000
19.000
111,000
121 ,0 00
547.000
773.000
982.000
6.000
2,000
8 ,0 0 0
10,000
4.0 0 0
4 .0 0 0
12,000
2.000
2 .0 0 0
2,000
2,000
2 5 .0 0 0
1 9 .0 0 0
P9.00Q
9 6 .0 0 0
8 4 .0 0 0
9 ,0 0 0 , 1 1 .0 0 0
12,000 12,000
10,000 I 10,000
2 9 .0 0 0
6 9 .0 0 0
1 1 1 ,0 0 0
5 1 9 .0 0 0
7 0 4 .0 0 0
8 7 1 .0 0 0
R eceipts
A le x a n d r ia , E g y p t,
J u n e 29.
and
S hipments
1 8 9 6 -9 7 .
6 ,5 1 3 .0 0 0
2 ,0 0 0
5 ,7 7 9 ,0 0 0
■ x p o r ta (b a le s )—
T o L i v e r p o o l ___ . . .
T o C o n tin e n t! _____
2 ,0 0 0 3 3 0 .0 0 0
4,0 0 0 4 2 3 .0 0 0
103,000
1895-96.
T h is 1 S in c e 1 T h is
S in c e
w eek, \8 ep t. 1. | w eek. 8 e p t.l.
3 2 2 .0 0 0
3 ,0 0 0 3 6 7 .0 0 0
1,000
5 ,2C 5,000
T h il
Since
w eek Sept. 1.
2,0 0 0 330.000
3,0 0 0 320.000
6 .0 0 0 7 5 3 .0 0 0 3 ,0 0 0 6 8 9 ,0 0 0 5 ,0 0 0 650,00C
T o ta l E u ro p e.
* A o a n ta r la 98 p o u n d s.
t O f w h lo h to A m e rln a I n 1 8 9 7 -9 8 ,5 1 ,0 4 3 b a lsa ; In 1 8 9 6 -9 7 , f 0,1 7 0
b a le s; In 18 9 5 -9 6 , 5 7 ,6 5 4 b a le s .
M a n c h e s t e r M a r k e t . —Our report received by cable
to-night from Manchester states that the market is quiet for
both yarns and shirtingr. 1 he demand for both India and
China is improving. We give the prices for to-day below and
lea'e those f< r previous weeks of this and last year foi
comparison.
18 9 8 .
1897.
8 1 lb s. S h irt- CotVn
*
8 4 Ib l. S k ir t OotVi
32* Cop. in g s , co m m o n M id. 3 2 , Oop. in g s , com m on Mid.
T w ist.
T w iet.
U plds
to fin e s t.
TJpld
to fin e s t.
a.
d. a.
M ’y27 5 i3 18- 6 ia ,a i4
J ’n e 3 513 e-613w 4
“ 10 51*1, -613,8 4
“ 17
4
“ 24
4
4
J u ly 1
d.
a.
2 96
2 -90
2 96
2 96
1496
1 96
d.
9
9
9
9
84
8
d.
d.
34
63 8
3»ie 63,e
3®,a 63,8
3®la I6H
3 b a 6 3 ,,
31-^0 6%
d.
974
9 7 3 ,8
9 7 -h a
9 7 ^8
973a
97%
s.
4
4
4
4
4
4
These reports on cotton are summarized by the Depart
ment as follows:
Cotton.—
of
1 8 9 7 -9 8 .
B e o e lp ta (o a n ta ra * )___
T h is w e e k ........ ...........
S ln o e S e p t. 1 ..............
L o u is ia n a .—W a rm , s h o w e ry w e ek f a v o ra b le fo r e ro p g ro w th - c ot
t o n g ro w in g a lm o s t to o r a p id ly to f r u i t w ell, blo o m s g e n e ra l, som e
g ra ssy .
T k x a s .—W e e k of fa v o ra b le w e a th e r f o r c le a n in g c ro p s o f w e ed s a n d
g ra s s ; c o tto n im p ro v in g r a p id ly , is in g o o d s ta t e o f c u ltiv a tio n , e x c e n t in few lo c a litie s , a n d cro p p ro m isin g .
A r k a n s a s .—Co tto n g ro w in g r a p id ly a n d is in p ro m is in g c o n d itio n ,
th o u g h a lo n g th e u p p e r A rk a n s a s R iv e r m u c h o v e rflo w e d la n d w ill be
a b a n d o n e d ; r a m s h a v e b e e n so f r e q u e n t a s to p r e v e n t p ro p e r w o rk in g
o f c ro p s.
9
T e n n e s s e e .—G ood r a in s o v e r g r e a te r p o rtio n o f S ta te , follow ed b y
w a rm s u n s h in y g r e a tly im p ro v e d c o n d itio n o f c ro p s ; h e a v y , d a m a g
in g lo c a l r a in s in m id d le s e c tio n ; c o tto n g e n e r a lly w e ll c u ltiv a te d a n d
f r u itin g , b u t so m e fields in w e s te rn s e c tio n a re fo u l, o w in g to excess
o f r a in .
Ok la h o m a .—E a r l ie s t c o tto n is fo rm in g s q u a r e s a n d a fe w b loom s
a r e s h o w in g .
M is s o u r i .—C o tto n e x c e lle n t.
Total.
3 9 5 .0 0 0
5 2 8 .0 0 0
7 0 6 .0 0 0
3 .0 0 0
2,000 I
A lexandria
7 ,0 0 0 2 .0 71,000
G reat
B r ita in .
7 ,0 0 0
6.000
„ J ^ I S Si IIT r' ~ C o tto n * r ? w in £ r a p id ly a n d :b lo o m s b e c o m in g m o re
f S Z 6 » r f 6 n « ! ! nt °f t0° m
r
U0U rata l0Cally’ cau6i"S
S in c e S e p te m b e r 1.
T o ta l.
5 .0 0 0
W eek.
1 9 ,0 0 0 1 ,5 2 6 .0 0 0
F o r th e W eek.
E x p o rts
fr o m —
1895-96.
S in c e
S ep t. 1.
W eek.
i t
R e c e ip ts a t—
d.
s.
0496
04*6
0% ® 6
l 96
11496
li4 ® 6
d
6
6
6%
7
7
7%
P °o a g ro w th a n d ta lc in g on f r u it and bloom .
P‘ bLORiDA.—F a v o ra b le w e e k o v e r W e s te rn D is tric t, -where c o tto n im
p ro v e d ; c o n d itio n s v a ry o v e r o th e r se c tio n s, w h e re r a in f a ll w as b a d fr
d is trib u te d ; c o tto n c o n tin u e s to im p ro v e
^
A l a b a m a . - F r e q u e n t a n d w e ll-d is trib u te d sh o w e rs; c o tto n g ro w in g
g tn n i n g t o f r u i t
bl00Itls beoom IllS g e n e ra l, a n d e a r ly -p la n te d be®
d.
4%
4%
4®33
4%
4%
41,35
E x c e p t in th e C a ro lin a s, c o tto n h a s g ro w n r a p id ly th r o u g h o u t th e
c o tto n n e lt, a n d in p o rtio n s o f th e c e n t r a l s e c tio n its g ro w th h a s b e e n
s o m e w h a t too ra p id . T h e c ro p is g e n e ra lly w e ll c u ltiv a te d e x c e p t i n
lim ite d a r e a s in T e x a s, L o u isia n a , T e n n e ss e e a n d S o u th C aro lin a ,
w h e re so m e fields a re g ra s s y . C o m p la in ts of lic e a re a lso re c e iv e d
fr o m t h e C a ro lin a s.
J u t e B u t t s , B a g g in g , & c .— T h e r e h a s b e e n a f a i r l y g o o d
d e m a n d f o r b a g g in g d u r in g th e w e e k u n d e r re v ie w a n d
p r i c e s h a v e b e e n w e l l m a i n t a i n e d . T h e c lo s e t o - n i g h t i s a t
5 ^ c . f o r 1 % lb s ,, 5 % c . f o r 2 lb s . a n d 5^gc. f o r s ta n d a r d
g ra d e s . T h e m a r k e t f o r j u t e b u t t s c o n tin u e s d u ll. Q u o ta
tio n s a r e n o m in a lly 80c. f o r p a p e r q u a lity a n d l% c . f o r
m ix in g .
S h i p p i n g N e w s .— A s s h o w n o n a p r e v i o u s p a g e , t h e
e x p o rts o f c o tto n fro m th e U n ite d S ta te s th e p a s t w e e k h a v e
r e a c h e d 3 6 ,2 3 9 b a l e s . T h e s h i p m e n t s i n d e t a i l , a s m a d e u p
f r o m m a i l a n d t e le g r a p h ic r e t u r n s , a r e a s fo llo w s :
T o ta l bales.
N e w Y o r k —T o L iv e rp o o l, p e r s te a m e rs C evic, 3 ,3 6 4 ................... 3 ,3 6 4
T o H u ll, p e r s te a m e r C o lo rad o , 1 ^ 5 ...............................................
175
9
To L on d o n , p e r s te a m e r A le x a n d r ia , 9 .........................................
To M a n c h e ste r, p e r s te a m e r S iriu s, 4 0 5 ..................... ...............
400
T o B re m e n , p e r s te a m e rs F r ie d r ic h d e r G ro sse , 2 ,1 3 7 ___
K a is e r F rie d ric h 4 4 3 — T r a v e , -<60............................................ 2,94 0
T o H a m b u rg , p e r s te a m e r P e n n s y lv a n ia , 2 0 9 .......................... .
209
998
To G e n o a , p e r s te a m e r P o c a s s e t, 9 9 8 ............................................
T o V e n ice , p e r s te a m e r P o c a s s e t, 5 1 ..............................................
51
N e w O r l e a n s —T o L i v e r p o o l- J u n e 2 5 —S te a m e rs L o u isia n ia n ,
617; M u sic ia n , 6 ,5 0 0 ........J u n e 2 8 —S te a m e r T ra v e lle r,
3 ,4 8 5 ...................................................... ................................................. 10,602
To H a v r e - J u n e 2 4 —S te a m e rs A fg h a n P rin c e , 2,0 0 0 ; Corrie n te a , 2,5 7 8 .. J u n e 25 - S te a m e r B en d i, 4 8 ..................... 5,326
To H a m b u rg —J u ly 1 —S te a m e r M arin o , 7 0 0 ......... ..................
700
G a l v e st o n —T o A n t w e r p - J u n e 3 0 —S te a m e r C u ry tib a , 1 ,6 0 2 .. 1,6 0 2
C o r p u s C h r is t i , <fec.—To M exico, p e r r a ilro a d , 75 .....................
75
P e n sa c o l a —To L iv erp o o l—J u n e 27—S te a m e r D a rg a i, 1 ,7 3 2 ... 1,732
No r f o l k —T o H a m b u rg —J u n e 2 5 —S te a m e r E id sv o ld , 8 5 0 .......
850
N e w p o r t N e w s —T o L iv e rp o o l—J u n e 27—S te a m e r S h e n a n
d o a h , 7 5 2 .................................................................................................
752
B o sto n —T o L iv erp o o l—J u n e 2 1 —S te a m e r A rm e n ia n , 1 ,8 8 5 ....
J u n e 2 2 —S te a m e r C c p h a lo n ia , 3 2 ......Ju n e 23—S te a m e r
N o rs e m a n , 2 5 8 ___J u n e 2 8 —S te a m e rs C a m b ro m a n , 242;
C a ta lo n ia , 2 »6.................................................................
2 ,6 6 3
To Y a rm o u th - J u n e 25—S te a m e r P r in c e E d w a rd , 1 4 6 ..........
146
B a l t im o r e —T o B r e m e n - J u n e 2 9 - S te a m e r M u n ch e n , 3 ,4 4 9 ... 3,4 4 9
P h il a d e l p h ia —T o L iv e rp o o l—J u n e 24—S te a m e r P e n n la n d ,1 9 6
196
T o t a l . . . . ....................................................................................................... 3 6 ,239
N e w E n g l a n d C o t t o n M il l S it u a t io n .— I t is highly
The particulars of the foregoing shipments, arranged in
probable that over half the cotton mills located in Fall River our usual form, are as follows.
will be idle next week. Altogether about 600,000 spindles
G reat F re n c h Qer- < -O th.E'rope~, M exico,
<£c. J a p a n . T o ta l.
B r iV n . p o rts, m a n y . N orth. South.
and 15,000 looms are represented. In the Howland and
8 1 46
....... 3,1 4 9 .......... 1,049
N ew Y o rk . 3,948
1 6 ,6 2 8
Rotch mills, New Bedford, notices of reductions in wages N. O rle a n s. 10,602 5,3 2 6 7 0 0 .........................
1 ,6 0 2
......................... 1,602 ..........
G a lv e s to n .
were posted on June 15, and similar action has now been C or. C., &o................
75
75
1,732
taken by the New Bedford Spinning Co., the cut-down to go P e n s a c o la . 1,732
850
85 0
N o rfo lk .. .
752
into effect July 4.
752
N’p ’t N e w s
2,809
146
B o s to n ___ 2,663
E g y p t i a n C r o p . — Mr. Fr. Jac. Andres, of Boston, has fur B a ltim o re .
3 ,4 4 9
3,449
196
nished ns the report of thp Alexandria General Produce P liila d e lp ’a " 1 9 6
Association for the month of May as follows :
T o t a l . . . . 1 9 .893 5 ,3 2 6 8.148 1,6 0 2 1,049
221 .......... 3 8 ,239
T h e te m p e r a tu r e
b e e n fa v o ra b le , e s p e c ia lly d u r in g th e la tte r
To Japan since September l shipments have been 128,056
p a r t o f th e m o n th . F ro m s o n e d is tr ic ts r e p o r ts com e o f th e c ro p
b e in g r a t h e r b a c k w a rd , b u t in g e n e r a l th e c o tto n p la n ts a re in a n o r bales from Pacific Coast, 8,700 from New Orleans, 26,029 bales
m a l c o n d itio n a n d p ro g r e s s in g fa v o ra b ly . I n f a c t th n ir c o n d itio n , from Galveston, 7,100 bales from Pensacola, 4,5J0 bales from
ta k e n a lto g e th e r . Is a lm o s t th e s a m e a s th is tim e l a s t y e a r. W orm s
in s m a ll q u a n titie s h a v e m a d e th eir a p p e a r a n c e in s e v e ra l lo c a litie s, Mobile and 27,910 bales Com New York.
Cotton freights at New York the past week hare been
b u t h a v e b e en d is tu rb e d , o w in g to g r e a t h e a t, a n d o ccasio n ed no
d a m a g e u p to th e p re s e n t. W a te r is f a r fro m b e in g p le n tifu l, b u t, as follows.
th a n k s to th e s y ste m o f r o ta tio n . Ir rig a tio n h a s b e e n c a rrie d o n re g u
la rly . I n U p p e r E g y p t a n d F a y o u m th e r e p o r ts a s t ■th e s ta te of th e
p la n ts a r e s a tis f a c to r y , a lth o u g h s o m e w h a t la te . W a te r is d is trib u te d
h e re r a t h e r m o re e a s ily th a n in L o w e r E g y p t.
G o v e r n m e n t W e e k l y C o tto n R e p o r t .— Mr.W . L . Moore,
Chief of the Weather Bureau of the Agricultural Depart
ment, made public on Tuesday the following telegraphic
reports on the crop in the Southern States for the week
ending Jane 27:
V i r g i n ia .- D ry a n d g e n e r a lly cool; w e a th e r fa v o ra b le fo r fa rm
w o ik w h ic h w a s v ig o ro u s ly p ro s e c u te d ; g ro w th o f c-M on re ta rd e d .
N o r t h C a r o l in a . - E x c e p t co o l n ig h ts fir s t h a lf, w hich ch ecked
g ro w th o f c o tto n , w eek w as fa v o ra b le , b e i n r d r y a n d s u n n y , e n a b lin g
fa rm e r* to c le a n a n d c u ltiv a te th o ro u g h ly ; c o tto n s till la te fo rm in g
s q u a r e s slo w ly , o»'ly b lo o m in g a lo n g s o u th e r n t i e r o f c o u n tie s; c a r n
a g e b y lice c o n s id e ra b le .
, .
, . .
S o u t h C a r o l in a .—F a v o r a b le w e e k , w ith m a rk e d Im p ro v e m e n t in
all crop*; c o tto n h e a lth y , m u c h o f i t s m a ll fo r th e se a so n , b u t g ro w in g
a n d p u ttin g on s q u a re * s a tis f a c to r ily , so m e fields b e co m in g g rassy .
G e o r g ia —G ood ra in s o v e r m o s t o f S ta te fir s t o f w eek , follow ed L_
S a tu r .
M on.
Tues.
15t
35t
30t
30t
30t
—
....
401
301
35 t
451
%
5R2
lb s.
15t
351
271
301
30i
....
151
35t
27 t
301
30:
—
....
38t
301
35t
401
4
6S2
L iv e r p o o l............
H a v r e ...................
B re m e n ................
H a m b u rg ............ .c.
A m s te rd a m ........ .c.
R e v a l, v. H a m b ,c.
D o v .B r e m ’n.c.
D o v . H u l l . . .c.
R o tte r d a m ..........
G e n o a ................. .d.
T r ie s te ................. d.
A n tw e rp ............. d.
G h e n t,v. A n tw ’p. d .
* t C e n ts n e t p e r 1 0 0
__
331
301
35t
401
%
5S2
W ednes. T h u rs.
151
351
271
30t
301
—
....
381
301
35t
401
4
633
15t
30t
27t
30
30)
—
....
381
30 t
35t
401
%
B32
F ri.
15t
30t
251
301
30t
....
....
381
301
351
401
%
6S3 .
THE CHRONICLE.
36
[ V o l . L X V II.
tion by longs, especial!}- in the near-by deliveries Weather
conditions have been more favorable, although complaints of
too ranch moisture are etill heard Subsequently, however,
sympathy with the stronger turn to wheat values and a de
J u ly 1
mand from shorts to cover contracts advanced prices; but on
4 1 .0 0 0
2.000 Thursday renewed selling by longs again turned the market
1 ,3 0 0 easier, To day the market was firm on crop reports. The
4 2 .0 0 0 spot market was fairly active. The sales for export here and
3.000
4 7 .0 0 0 at outports were 23U.0G0 bushels.
L ives ; p o o l .— B y c a b le fr o m L iv e r p o o l w e h a v e t h e fo llo w
t a g s t a t e m e n t o f t h e w e e k ’s s a le s , s t o c k s , & o . , a t t h a t p o r t .
J u n e 10
J u n e 17
J u n e 24
S a le s o f th e w e e k ............b a le s .
5 2 ,0 0 0
4 0 ,0 0 0
5 1 ,0 0 0
1 .8 0 0
0 ? w h ic h e x p o r t e r s t o o k . ..
3 .6 0 0
700
500
000
100
OX w h ic h s p e c u la to r s to o k .
4 9 ,0 0 0
4 9 .0 0 0
8 s e s A m e r ic a n ..................... ..
3 7 ,0 0 0
7,0 0 0
8 ,0 0 0
A e iu a e x p o r t ...............................
9 ,0 0 0
5 4 ,0 0 0
f o r w a r d e d ......................................
4 9 ,0 0 0
5 3 ,0 0 0
T o ta l s to c k —E s tim a te d ............ XU 5 2 ,0 0 0 1 ,1 4 3 ,0 0 0 1. I t 7 ,0 0 0
O f w hich A m e n im n —B stitl’d T > 3 1.000 1 ,0 5 3 .0 0 0 1 ,0 2 7 ,0 0 0
5 2 ,0 0 0
3 8 ,0 0 0
3 7 ,0 0 0
T o ta l Im p o rt o f th e w e e k ____
43*000
3 3 ,0 0 0
3 1 ,0 0 0
O f w h ic h A m e ric a n ................
5 5 ,0 0 0
A m o u n t a f lo a t................ ..
9 0 ,0 0 0
6 9 ,0 0 0
O f w h ic h A m e r ic a n ...............
6 0 ,0 0 0
4 0 ,0 0 0
9 2 .0 0 0
,1 0 7 ,000
,0 1 8 ,000
4 1 .0 0 0
3 7 .0 0 0
5 0 .0 0 0
4 9 .000
DAILY CLOSING PRICES OP NO. 2 MIXED CORN.
Sat.
Mon. Tues.
W ed. T h u r s .
f u ty d e liv e r y ...................c.
35%
3 %
36
36%
35%
S e p te m b e r d e liv e r y ___ o. 37%
36%
36%
37%
36%
37%
D e c e m b e r d e liv e r y ___o.
38
37%
37%
37%
F r i.
36%
37%
38 %
Oita for future delivery have been dull bnt prices have de
The tone of the Liverpool m arket for spots and future* clined sharply, following the Western market, where the
each day of the week ending July 1 and the daily closing country trades have been reported aa free sellers, and has in
prices of spot cotton, have been as follows.
duced selling by longs to liquidate actonnts. Sympathy with
the easier market for other grains eatly in the week also
had a weakening influence, as did the continued slowness of
S p o t,
S a T d a y . M o n d a y . T u e s d a y . W e d 'd a y. Th u r s d ’y F r id a y ,
the cash trade. To day toe market was dull but steady. The
M a r k e t, )
M oderate Steadier In b u y e rs’ Easier.
spot market was firm but quiet, closing at Sfikic. for No. 2
Dull.
Quiet.
ta ro r.
1 :4 5 r . m .J
dem and.
mixed in elevator and No. 2 white at 28c. in elevator.
M id . D p l’ds.
3 7ie
S a le s .............
S pec. * exp.
5 ,0 0 0
300
F u tu r e s .
at
M a r k e t, 1 Quietde
1-04
1 :4 5 P. M .(
cline.
M a r k e t, i
4 . P. H. (
Quiet.
3 7 ;b
1 0 ,0 0 0
500
She
37l«
3 “,e
Si% a
8 ,0 0 0
500
8 ,0 0 0
500
8 ,0 0 0
500
8 ,0 0 0
300
Q uiet a t
i-t> j de
cline.
Barely
steady.
Steady.
Quiet.
Quiet.
Q uiet a t
1-04 de
cline.
V ery
steady.
Quiet but
steady.
Barely
steady.
Easy.
The prices of futures a t Liverpool for each day are given
4>elow. Prices are on the basis of Uplands, Low Middling
olause, unless otherwise stated.
1 * The p r ic e s arr. g iv e n i n p e n ce a n d 64>ths.
3 (J3-64d.. a n d 4 01 m e a n s 4 1 -6 4 d .
J u n e 25 to
J u l y 1.
-J i m e ..............
.i tm e-j uiy..
J o ly - A n g ...
A u g .-S e p t. . .
S e p t.-O c t...
O o t- N o v ___
N ov-.D eo. ..
D eo . - J a n ___
J a n . - F e b ___
F e b -M a rc h .
M oh - A pril,
A p ril-M a y
S a t.
M on.
T ues,
T hus:
W ed.
3 63 m e a n s
T h o rs,
F ri,
12*3 1 1:45 4 1:45 4 1:45 4 1:45 4 1:46 4
F.M. F. M. P. M P.M. F. M. P.M. P.M. P.M. P.M. P.M P.M. P.M
.
d.
d.
3 24 3 24
d 2 I 3 24
3 24 3 2
3 2 1 3 24
3 2 i 3 23
3 22 3 22
3 21 3 21
3 21 3 21
3 21 3 21
3 21 3 21
3 22 3 22
d.
d.
3 24 3 25
* 24 3 25
3 24 3
3 21 3 25
3 23 3 21
4 22 3 23
3 21 3 22
3 21 3 22
3 21 3 22
3 2213 22
3 23.3 23
d.
3 24
3 24
3 24
3 24
3 23
3 22
3 21
3 21
3 21
3 22
3 23
d.
d.
3 25 3 25
3 25 3 25
3 2*» 3 25
3 25 3 25
3 2 . 3 21
3 23 3 *3
3 22 3 22
3 22 3 22
3 22 3 22
3 22 3 23
3 23 3 24
3
3
3
3
3
3
3
3
3
3
3
d.
d.
25 3 24
25 3 23
2 > 3 23
24 3 23
23 3 2V
22 3 21
22 3 20
22 3 20
.2 3 20
22 3 21
23 3 22
d.
3 24
3 23
3 23
3 23
3 22
3 21
3 20
3 20
3 20
3 21
3 21
d.
d.
3 21
3 21
3 21
3 20
3 19
3 18
3 18
3 18
3 19
3 20
3 20
3 22
3 22
3 22
3 20
3 19
3 IS
3 19
3 19
3 19
3 20
3 2L
BREADSTUFFS.
DAILY OLOSING PRICES OP NO. 2 MIXED OATS.
ftett.
,1 n . F lits.
to
Wed.
T h u r s.
J u l y d e l i v e r y ....................0.
2 1 H 26%
25
26
25*3
F r i.
25%
.Rve has sold slowly and prices have worked in sympathy
with other grains. Bariev has been dull and prices quoted
have been largely nominal.
The following are closing quotations:
flou r.
P i n e ............................. $ 2 95 ® 3 00
P a t e n t , w i n t e r ........$ 4 5 0 0 4 9 0
B a p e rfln e ......................... 2 40® 3 25
C ity m ills, e x t r a s
5 45
E x tr a . N o. 2 ................... 3 40® 3 50
R y e flo u r, s u p e r tin e 2 9 0 <13 30
E x tra , N o. X ............ 3 60 3 3 75
B u o k w lte a t d o u r . . .
..........
3 60 ®1 05
C o rn m e a l—
C le a r s .........................
S tr a ig h ts .......................... 4 003 4 65
W e s te rn , e to .......... 2 0 5 « 2 15
. .
P a te n t, S .p r in ___
g ........ 4 65 3 5 3 0
B r a______________
n d y w i n e ........
2 20
[ W h e a t flo u r i n sa o k s s e lls a t p rlo e s b e lo w th o s e t o r b a r r e ls . ]
GRAIN.
W h e a t—
o.
e.
C o rn , p e r b u s h —
o.
o.
H a rd D u lu th , N o. X. 79% ® 80%
W e s te rn m ix e d ............. 3 5 ® 3B%
R ed W in te r, No. 2.. 7 7 8 ) 3 89
N o. 2 m ix e d ........ ......... 3 5 V 3 '3 9 %
H a r d M an ., N o. 1 . . N o m in a l.
W e s te rn Y e llo w ........... S e S s a S S lt
N o r th e r n . No. X . . . 77 3 93
W e s te rn W h ite ............. 36 % 4 3 8 )3
'ats—
Mix’d, per bah. 24 @ 28% R y e *
W h i t e ......................... 2 7 ® 35
W e s te rn , p e r b u s h _ 5 0 1 ® 5 2 1a
_
a
N o. 2 m ix e d .............. 26b,® 27M
S ta te a n d J e r s e y .........4 5
® 50
No. 2 w h ite ................ 28 ® 29
B a r le y —W e s t e r n ........... 4 8
® 52
F e e d in g ...........................3 5 ® 4 0
W h e a t D u t i e s R e s t o r e d i n P r a n c e a n d I t a l y . — The
Italian Senate on June 28 adopted a motion providing for
the re-establishment on July 1 of the duties on wheat and on
June 30 the French Cabinet took similar action.
The movement of breadstuffs to m arket as indicated in the
statements below is prepared by us from the figures col
lected by the New York Produce Exchange. The receipts a t
Western lake and river ports for the week ending June 25, and
since Aug, 1, for each of the last three years, have been as
follows:
F r i d a y , July 1, 1898.
The demand for wheat flour has shown something of an
Wheat.
Com.
Oats.
Barley.
t Vi.
improvement from that experienced daring the preceding Receipts at— Flour.
B6&U90&S BushSQ lbs Bmh.bQlbs B ush.zm » BushASlbs Bit. 60 Ib*«
fortnight. W ith the more settled and steadier tone to wheat
30.178
37,000 1,972,647 1,303,v00
42,100
4, B O
O
Cktoa&o........
values, particularly during the latter part of the week, Milwaukee..
23.000
108,000
103,050
93,000
14,400
0,000
60,800
235,520
29.493
9,940
3,724
7,*4*
buyers showed rather m ire interest. Their purchases, how lu lu th ........
81,030
139 870
50.020
2.060
ever, have been principally of small lots, as naturally at this YUnneapoilB100,'-55
52,302
39,000
793
3,098
season of the year the trade is not disposed to invest freely; O etroit......
10,349
2,850
10.0 10
22,505
2,063
......... 4
238.193
12,127
141.8? 5
prices have held to a steady basis. Rye flour has had a Cleveland...
220,560
20,242
700
11,400
80,490
limited sale and has brought steady values. Corn meal has ■ It. Louis . ..
1,300
180,900
5,310
113.550
4,250
006
sold slowly and prices have weakened slightly in sympathy ^eoria .......
27,00vi
30.000
132,000
Kansas City.
with the declioe in the grain.
055,920 3.036.908 1.991.136
64,474
134.012
25,SC
O
Speculation in the market for wheat contracts has been quiet Tot.wk.%8.
3S2.680
251 270 1,535,008 3,190 290 2.947.559
48,071
and the course of prices has been somewhat irregular. E irly in ■ iame wk.’97.
234,851 2,054,002 J,828,739 3.013,290
344,i71
60,700
lame wk.’0O.
the week the t ndency was downward, as there continued
some pressure to sell by longs to iiquida e their accounts ; iince Aug. 1. 10,793,476 110,885,424 229,194,925 171.908,902 85,432.489
foreign advices reported dull and easier markets and the 1897-98......... 10,009,437 156,012,718 151,850*02“ 10 L 237.244 88.172,187 10,013,490
1890 9 7.......
weather conditions a t the West were reported more favor LSH5-90....... 10,098,195 1P3,3«!>.005 111,790.1®- 110,700.760 30.700.821 0,900,073
8,895,090
able for the harvesting of the winter-wheat crop. At the
lower prices, however, exporters were good buyers. Wednes
Che receipts of flour and grain a t the seaboard ports for the
day the market took a decided turn for the better, prices ad week ended Jane 25, 1898, follow:
vancing
Disappointing returns from the harvest
Flour,
Wheat,
Oats,
Barley.
Corn,
Bye,
Receipts
bush.
bush.
bbUi.
bush.
bush.
bush.
fields as to the yield of the winter-wheat crop, owing to the New York a t—. . . . . .
1.191.250
219,035
980.4- 0 1 098 200
89,750
—
unfavorable weather conditions latterly experienced, together B >ston...................
290 9*0
832.' 9 3
2,5.010
Hi 2. V
59
10H.770
with a revival of the demand from exporters, had a tendency P h ila d e lp h ia ........ .. 32,290 126 018 2 09,210 18/069
4 1,3 0
1.555
15,300
to restore coufiieocein the situation, and prices scored the B iltlin o re ----- . . ..
48,950 1,253.610
15%9d?
19,601
325
3.940
37,114
7.*20
advance above noted. Thursday prices advan led early in the N%w Orleans*.......
5,670
37,725
09.412
33.235
day, but a t the higher prices selling by recent buyers to Newport News—
I 9,000
122,“ . 7
realize profits turned the market easier and the improvement
33.“0 >
9,000
2.000
was lost. To day there was a moderately active and higher Gal v e sto n .............
2,000
market on buying for investment account, stimulated by un
T ot » week........ 2t3.3«2 1.60 \ 050 4.000 2 3 1,978.879 8 *,700
1
263,826
favorable crop accounts and steadier foreign advices, closing Week 1837............... 330,129 1,124,083 2,09J,«j41 1,771,700' 809,081 112,003
* itdCeiuts d >
^
at an advance ot i(AZ%c. for the day. The spot market was jorta on throughnot Include grain passing through New Orleans for foreign
bills o f lading.
firmer but quiet. The sales for export here and a t outports
were 08,0 bushels.
(10
Total receipts at ports from Jan. 1 to June 25 compare as
follows for four years:
DAILY CLOSING I'RICES OP WO. 2 RED WINTER WHEAT.
J n l y f le ltv e r y ...................c.
S e p te m b e r lets v e r y __ c.
D e c e m b e r d e liv e r y ....... c.
S a t,
79
72
7 2%
M on.
79
72
72%
Tues,
77 H
i
71 %
71%
W ed.
80
73
73%
Receipts of—
PH ,
83 >
2
15%
75% Corn ...
market for Outs ..
T h u rs,
79%
73*8
73%
There has been a moderate speculation in the
Indian corn futures, but if, has been at the expense of priceB,
particalarly during the first half of the week, under liquida
B -trley.
rty e ,,.,,
Total *raln —
1803.
9,170 405
1807.
7,795,784
1800.
0,2'rOvlO
1896.
7,601,789
.bush. 63,602,513
116,08!,‘07
53,591.900
*
*
2,816,555
“
8,170.867
20.86 \8 13
91 «'5.2'*8
35.243.^03
0.220 415
4,188.741
21.351 0 fO
37,001,498
£M640,441
.
4,026 130
1 129,118
11,703,868
18.233 046
18,703.807
1,4 08,048
174,426
* 231,202,031
*
160,0 ±1,070
92,755,007
53,222,754
THE CHRONICLE.
JCl y 2, 1898.,
The exports from the several seaboard ports for he week
ending Jnne 25, 1898. are shown in the annexed statem ent:
*0,887
21,322
120.000
57,857
Philadelphia.. 33,015
Baltimore — 294,093
New Orleans.. 422,484
674,317
271,784
20,043
59 147
4,6 4
3
4*4, h37
253,840
5 6,851
?5*,003
73.409
123.947
69 0 K
)
NewD’rt News ..........
1,041.931
Galveston. ... 23,949
33.000
M obile........................
Total week.. 3.22 7,395 3,528,327
3HU18 time *97.1, m 0 294 2.05 J.2 79
Same Lillie U/ . I,
Oats,
bush.
Flour,
bbls.
Corn
bush.
Wheat,
Exports from - bush.
New York...... 2,2*‘0 4)3
Eye,
bush.
124,702
30,600
27,400
74,655
52,385
Peas,
bush.
26,512
Barley*
bush.
1898.
1897.
Week. Since J a n . 1.
" ’ *753
Week. Sin ce Ja n . 1
G reat B r ita in ............................
O ther E u r o p e a n .......................
30,139
27
2
W est Cndies................................
M ex ico ..........................................
C entral A m erica......................
S ou th A m e r ica .........................
O ther C o u n tries.......................
25 L
147
63
849
326
91,836
259,9*42 1.248.803
103,1)23 1,180.809
127.010
100,628
57,404
94,073
91 836
239,805
“
,-------Wheat.-------, ---------- Corn.-------Week Since Sent. Week Since Sept. Week Since Sept.
Exports for
June 25. 1 , 1897
1,1897. June IS. 1, 1897.
week and since June 25.
bush.
bush.
bush.
bush.
bbts.
Obis.
Sept. 1 t o 183.280
3H,3'l
17.771
14,909
1,7 U
6.900
D o m estic C otton G o o d s — The exports of cotton goods
from this port for the week ending June 37 were 1,065
packages, valued at $97,730, their destination being to the
points specified in the tables below :
N e w Y o r k to J u n e 27.
The destination of these exports for the week and since
September 1, 1897, is as below.
United Kingdom
Continent...........
3. < C. America.
fc
West Indie*.......
Br. N. Am.C-’lo’s
Other countries..
T o ta l................
T o tal 1896-7.........
37
8,485.059 2,171.090 59.40\93rt 1.805.637 80.^87 528
1,293,401 1,039,055 49.213 510 1,025.893 88,094 513
8 7.372
...........
808.897
2.422
140.1-7
..........
1.375
19.484 1,402.367
S82 059
2.700
7,975
421956
221,3 l7
it73,143
10,050
949.682
0,910 1,201,3 9
1,941
718
80,010
7,811
1 8 ,864
7,672
7 274
2,340
3,654
26,374
12,041
2 00
7
6,616
205
10 0
305
172
55
136
1,656
598
2.753
2,084
72,078
3,887
14,949
12,212
7,401
1,661
3,768
27,158
2,444
T o ta l......................................
C hina, v ia V ancouver*___
1,665
168,729
4,353
9,850
150,395
9,250
T o ta l......................................
1,665
1 73,082
9.850
159,645
' F rom N e w E n g la n d m ill p o in ts direot.
The value of the New York exports for the year to date
has been $5,905,648 in 1398 against $5,887,208 in 1897.
The demand for bleached cottons has fallen somewhat short
The visible supply of grain, comprising the stocks in
granary at the principal points of aooumulation a t lake and of previous proportions, but still sales have reached a fair to
tal. Stocks are in improved condition and prices rule steady.
seaboard ports, Jnne 35, 1893, was as follows:
Oats
Wieat,
Corn,
Rye.
Barley The brown goods market continues firm for all leading brands
of heavy-weights and generally steady for light-weights.
bush.
bush.
bush.
bush.
bush.
5H
6.00rt
73.000
1,29 J.000
2,000 The demand from jobbers and converters has been moderate
New York.................. 3.047,000
55.0C0
17,000
43,000
175,000
75,000
and export buying on an indifferent scale only. The cot
1,765,000
1.8Q3.000
187,000
154 O C ton duck market is still heavily over-sold and strong. Busi
O
Buffalo...................... . 669,000
Do
afloat.........
8,380,000
581,000
286.000
13.001 ness in denims has run in light quantities without change in
ChicaRO..................... . 795,000
Do
afloat........
Ticks dull, plaids in moderate request and other
8,000 prices.
LOOO
M ilw aukee.............. . 123.000
coarse colored cottons quiet at previous prices. The demand
Do
afloat....... .
190,000
71,000
3,824,000
2.370,000
34,00( for wide sheetings is slow and prices are barely steady. Cot
Duluth........................
Do
a flo a t......
ton flannels and blankets quiet but prices firm. Kid finished
805 666
80.666
16,000
Toledo
112,000
Do
afloat.......
cambrics dull with an easy tendency. There has again been
5,000
122.000
13,000
29,000
Detroit......................
a good demand for dark fancy prints in all grades, and the
sales since the season opened are larger than for a number of
273,000
114,000
2.000
8 t. Louis...................
21,000
seasons past up to corresponding date. Light fancy work
Do
afloat.......
31,000
4,000
has sold at low prices to clean iip^, Staple line3 of prints
245.000
363.000
3.000
1 .60 c quiet without change in prices.
Ginghams, both staples and
Toronto....................
22 000
Montreal................... U 9,000
204,000
1,117,000
14,000
30.00
dress styles, are without change. Print cloths close un
2 LOOP
1,035,000
Philadelphia........ ..
Slo .000
Peoria — ................
201.000
1.000
195,000
1,000
3,000 changed at 3c. for regulars, which have been in limited re
Indianapolis .. ......
2.000
62.000
22.000
quest. Olds sell fairly.
Kansas Clfv............. . 2 H 000
)
95,000
13.000
25,000
177.000
Baltimore................. . 11-8,000
2.631,000
219.000
F o r e ig n D r y G o o d s . —Some improvement is reported in
Minneapolis.............. . 7.091,000
745.000
li 2.000
32,000
20,000
On Mississippi River.
the demand for foreign dress goods and silks in novelty lines,
i nor
On Lakes.................. . 281.000
813,000
52.000
950.666
but staples continue quiet. Ribbons in better request.
On canal and river. .,
25.000
1.213,000
888,000
43,000
100.000
Lacesqniet. Linens dull. Men's-wear woolens and worsteds
Total Jane 25.IS98.17.2M.C00
300 noo quiet in both heavy-weights and new spring goods.
22 124,090
7.600.000
1,017.000
Total June in, 1893.19 OiS.tKK)
22.172.000
7,092,000
1.039,000
523,000
259,952 n.988,754 3 .2 ?7 ,395 110.445,106 3 528.327 172.3 3 89"
9 993.572 1.440.2V4 50,622,477 2,056,2;9 148 .3 9 ’,074
188.023
Total June ’0.1397. 18.7J3.000
Total Jnne *7,1896.17 86\000
Total June 29,1895.44.501.000
THE
10.913 000
8,760. > 0
0
9.055,000
DRY
N ew
Yo
9,035.000
8.7 Irt Oon
7 018.000
GOODS
rk
,
2 292.000
1,617.000
146.000
1, 202,000
729,000
134,000
TRADE.
F r id ay , P. M., Ju ly 1, 1898.
Compared with recent weeks (during which revised prices
were made on bleached goods and the price basi s established
for fall prints and Clay worsteds was reduced) the week just
closing has been dull and uneventful. The demand has kept
up fairly well and in view of the usually prevalent dnlness at
this time of the year results can be regarded as satisfactory.
W ith the close of th e first half of the year attention is being
directed more pointedly to the conditions and promises of the
second half. These have been referred to in recent reports as
of highly encouraging character and must be regarded as still
continuing so. From all parts of the country the trade ad
vices are most hopeful. There has been a large distribution
of merchandise during the last six months, despite disturbing
elements, and stocks in second hands are admittedly of in
different proportions. A much larger distribution (luring
the next six months is counted as assured and to meet it a
sustained heavy drain upon the primary market will be
necessary. In that market there are now a number of “bare
spots” which impart an undertone of strength to it and
prepare the way for a return to a higher general average of
prices later-on.
W oolen G oods.—More progress has been made in selling
men's wear heavy weight woolens and worsted* daring the
past week than for a number of weeks past The reorders
have come to hand in increased natnbers, and it is evident
that the wholesale clothiers and jobbers are now feeling the
results of the heavy cancellations they indulged in earlier in
the year. In some instances sellers are meeting the demand
as freely as before, but in others the stocks on hand have been
so much reduced that holders are showing a firmer attitude
and the general tone of the market is better. The new season
for spring weights will open to some extent next week. It
can hardly be called open at all as yet, although some busi
ness, in serges chiefly, has been done, and prices have yet to
be determined. Satinets and cotton warp cassimeres are
quiet and doeskin jeans in moderate demand. Overcoatings
in limited request outside of Kerseys, which are^elling fairly
well. Cloakings qniet and unchanged. Flannels and blank
ets quiet bnt firm. Business in dress goods is still disap
pointing although improving so m ew h at._
a m i W a re n o u x e W lilid ra iv a ls o f D ry G o o il
The importations and warehouse withdrawals of dry goods
at this port for the week ending June 30, 1898, and since
January 1, 1893, and for the corresponding periods of last
year are as follows:
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CQ
O
THE OHKONICLE.
38
m s
and
C ity
TERMS
8
OF S U B S C R IP T IO N .
The I n v e s t o r s ’ S u p p l e m e n t will be f u r n is h e d without
tcstra charge to every a n n u a l s u b s c r ib e r o f t h e C o m m e r c ia l
F i n a n c i a l C h r o n ic l e .
S t a t e a n d C ir v S u p p l e m e n t w i l l a ls o b e f u r n is h e d
without extra charge t o e v e r y s u b s c r ib e r o f t h e C h r o n ic l e .
The S t r e e t R a i l w a y S u p p l e m e n t w i l l l i k e w is e b e fur
nished without extra charge t o e v e r y s u b s c r ib e r o f th e
and
The
C h r o n ic l e .
The Q u o t a t io n S u p p l e m e n t , is s u e d m o n t h l y , w i l l a ls o b e
uraished without extra charge to e v e r y s u b s c r ib e r of t h e
C h r o n ic l e .
TERMS for the C h r o n ic l e with the four Supplements
above named are Ten Dollars w ithin the United States and
Twelve Dollars in Europe, which in both cases includes
postage.
Term s of A dvertising—(P e r Inch space.)
T r a n s ie n t m a t t e r t cacti tir a e )$ 3 5 0 I T h r e e M o n th s (1 3 tim e s ) ..$ 2 5 00
STASDixo b u s in e s s Ca r o s .
S ix m o n th s
(2 0 tim e s ).. 43 00
T w o m o n th s <s tim e s )........... 18 0 0 I T w e lv e M o n th s (5 2 tim e s ). 58 00
Camden. N. J .—Bind Litigitioi.—Oa .June 27, 1898, argu
ment was heard by Vice Chancellor Ree i in the application
for au injunction to prevent the city officials from delivering
the $3.0,0)0 paving bonds, awarded last month, to Street,
Wykes & Co., New York. The petitioners claim that the
bonds were not sold at public sale, contending that selling
bonds by sealed bids is in the nature of a private sale, aud
also th at the city had exceeded its debt limitation as fixed by
the city charter.
Cleveland. Ohio.—Library Bonis Valid. —
The Suoreme
Court at Columbus has handel down a decision declaring
valid the $250,009 54 library bonds. These bonds were awarded
last September to E. C. Stanwood & Co., Boston, who, acting
under the advice of Judge Dillon of New York, refused the
bonds on the ground thaj the law under which they were is
sued was unconstitutional.
Genoa, N. Y.—Bond Litigation.—According to the Bing
hamton “ Leader” the Oswego County Savings Bank has
brought suit before Judge P. B. McLenna to recover interest
on $75,000 bonds issued iu 1872 by the town of Genoa in aid of
the Ontario & Western Railroad, then known as the Midland
Railway. The action is also brought to determine the validity
of the bonds.
Milwaukee, \Yis.—Bond Injunction Dissolved.—Temporary
In/unction.—On June 34, 1898, Judge Ludwig dissolved the
temporary injunction restraining the city officials from sell
ing the $80,000 garbage bonds, bids for which were received
until JuDe 22,1898. Another injunction was then served on
the officials restraining them from issuing not only the $80,000
garbage bonds but also the §1-40.00J street-improvement
bonds and $s0,000 Broadway Bridge bonds, the issuance of
which has been authorized. It is claimed that the city has
exceeded its limit of indebtedness. The injunction will be
argued before Judge Sutherland on July 9, 1S93.
New Jersey.—An Act of 1S95 Unconstitutional.—The New
Jersey Supreme Court on June 14, 1898, declared unconstitu
tional the Act of 1895 under which Dover and Englewood
were incorporated as cities.
The unconstitutional feature of the Act of 1895, it is stated,
was the provision that cities incorporated under the Act
should not be affected by sub-equent legislation relating to
cities, unless this legislation was stipulated to be also applic
able to cities incorporated under the Act of 1895. The Court
held that this established, for purposes of legislation or ex
emption from legislation, a class of cities from which were
excluded other cities of similar population, conditions,
needs, etc.
Reeds. Wabasha County, M inn. -BondLitigation.—Suit
has been brought in the United States Court at Winona by
Rowell Sage against the village of Reeds to recover on $16,400
bonds msued in 1877 in aid of the St. Paul & Chicago Rail
road, and wMch the village refuses to pay.
Tacoma, Wash.—Warrant Litigation.—We take the fol
lowing from the Tacoma “ News” of June 18, 1898 :
8uH h*.s Leon b ro u g h t for th e p ay rao tr. of 139 m o re city w a rra n to , ag greg at
in g a b o u t »W *>o, l-Rued O cto b e r 2 t. N o rtu n b e r 1 e n d 7, 1892, a n d now h eld by
tb o < Itiw m * Mtntc Hank of low n. T b o a lle g a tio n s o f u rn e n n p la la t a re o f th e
• nm c ironcrn] fbam ctA jr a t thopuy In tb o s u its a lre a d y com m enced by th o o th e r
w a rra n t h o id -r- u , K. M urry b m a d e one o f th e d e fe n d a n ts , as th e w a rra n ts
are ail r.r
o n c n p a U l k in d , w hich w ere d e c la re d illegal m i l v o id ! In th e
Murry suit.
Tucson, Arl/,.—Litigation.—Suit has been begun in the
District Court to test the legality of the election held May 5,
1893, at which $l 0.000 ti%water and sewer bonds were voted.
Washington.—Forge t Warrant*.—A telegraphic despatch
from Olympia, dated Jane 16, lsOH, stated that from $8,000 to
$10,000 forged State warrants had been discovered in circu
lation.
Wichita County, Knn.—Bond Decision Reversed.—In the
Chronicle November 27, 1897, we stated that Judge An
drews, of Wichita County, had decided that the $35,000
bonds issued in 1892 iu aid of the Chicago Kansas & West
ern Railroad were illegal. On June 11, 1893, the Supreme
Court reversed the decision and rem id led the case for a new
Dial, The N'uiln are owned by the State School Fund n««uniasioDe'
(V o l. L X M I
Bond Calls and Redemptions.
Allegheny Comity, P a ,—Bond Call.—W. E. Thompson,
Connty Comptroller, has called for payment on July 1, 1898'
at his office, the folio ving f t 10 20-year registered riot bonds:
Nos. 1 to 104 for $1,000 each, issued January 1,1880, and Nos.
1 and 2 for $500 each, issued January 1, 1880.
Bell County, Texas —Bonds Redeemed.—The county has
redeemed $65,000 court-house bonds held by the State' Per
manent School Fund,
Clinton School D istrict, Lewis Connty, Mo.—Bond Call.—
$5t)0 refunding bonds Nos. 3 and 4, bearing 5# interest, have
been called for payment July 1, 1898, at the St. Louis Trust
Co., St. Louis.
Carroll County (Mo.) School D istrict No. 0 .—Bond Call.
—Bonds No. 7 and 8, dated May 28, 1889, and bearing 6£ in
terest, have been called for payment July 1, 1898, at the N a
tional Park Bank, New York City.
Clinton County, Mo.—Bond Call.—The county has called
for payment July 1, 1898, 5 S bonds, Nos, 41 to 75, dated July
<
1, 1888. Securities are in denomination of $1,0 0.
Denver, Col.—Bond and II'arrant Call.—The City Treas
urer, Paul J Sours, has called for payment at his office,
June 24, 1898, the following bonds and warrants :
Capitol Hill Sanitary Sower District No. 1—Bonds Nos. 163 to 165, Inclusive.
Larimer Street Paving District No. L —Bonds Nos 611 to 85, Inclusive.
Nineteenth Street Paving District No. 2-Bonds Nos. ai to hi, inclusive.
North Denver Sanitary Sewer District No. 2—Bonds Nos IM and lu-1.
S
South Side Sanitary Sewer District No. 1—Honda Nos. 157 to 153, inclusive
Thirteenth Street Sanitary S.w er District Ref .lading Warrant No 1)7.
Highlands Sewer District No. 3 -W arrants registered Noa. 32 and 33-
Donley County, Tex .—Bonds Redeemed.—The county re
cently redeemed $4,000 court-house bonds.
Eldorado Springs School D istrict, Cedar Connty, Mo.—
Bond Call.—The district has called for payment July i, 1893,
at the Chemical National Bank, New York City, $500 bond
No. 7. issued in 1887.
Gage County, Neb.—Warrant Call.—County Treasurer
George Manser on J tine 8, 1898, issued a call for general fund
warrants, Nos. 401 to 800 inclusive.
G allatin School D istrict, Daviess Connty, Mo.—Bond
Call— I he district has called for payment a t the St. Louis
National Bank July 1, 1898, 5'i refunding bonds Nos. 4 and 5,
issued July 1, 1889. Bonds are In denomination of $500.
Galveston, Texas —Bond Call.—Edward McCarthy, CityTreasurer, has called for payment July 19, 1898, at Ms office,
the following “ forty-year limited debt bonds” : Nos. 603, 604,
607 to 625, inclusive, and 629 to 644, inclusive. Bonds are in
denomination of $1,000.
Grundy Connty, Mo.—Bond Call.—W. M. Morris, Connty
Treasurer, has called for payment July 1, 1898, at the Na
tional Bank of Commerce, New York City, S bonds Nos. 36
%
to 60, inclusive, issued July 2, 1888,
H olt Comity (Mo.) School D istrict No. 4. —Bond Call.—
The district has called for payment July 2, 1893, at the First
National Bank of Buchanan County, St. Joseph, $300 8# bond
issued July 2, 1894.
Independence (Mo.) School D istrict.—Bond Call.—The
district has called for payment July 1, 1898, at the Bank of
Commerce, Kansas City, $500 5# Bonds Nos. 7 to 12, inclu
sive, dated July' 1, 1892.
K err County, Texas.—Bonds Redeemed.—On June 10, 1898,
$2,500 court-house and jail bonds were redeemed.
K iuiball County, Texas.—Bonds Redeemed.—The county
redeemed $10,575 court-house and jail bouds on Ju n e -10,1898.
K irksville (Mo.) School D istrict,—Bond Call.—The dis
trict has called for payment July 1, 1898, 5%bonds Nos. 1 to
16, inclusive, dated January 2, 1893. Bonds are in denomina
tion of $500.
Knox County, Texas.—Bonds Redeemed.—The county has
redeemed $5,909 court-house and bridge bonds.
Laurence County, 111.—Bonds Redeemed.—County Treas
urer W. F. Curry has redeemed $6,000 jail bonds.
Live Oak County, Texas.—Bonds Redeemed.—On May 25,
1898. the county redeemed $1,000 court-house bonds held by
the School Fund.
M ills County, Texas.—Bonds Redeemed.—On June 3, 1898,
the county redeemed $14,000 bonds held in the State Perm a
nent School Fund.
Milwaukee, Wis.—Bond Call.—The following bonds, se
lected by lot, have been called for payment June 80, 1898, a t
the office of the City Treasurer:
General City Bond* of 1871-8-No*. *18. 150, 185. i n . 107, 171.130, 93, 79, 127
10c. 219.
General City Bonds of 1885 - Non. 41)8, 433,110, 487.
General city Bonds of
Noa. 68% 687.
Witter Banda of 1872 (Registered)— S W 30, 08, 70, 83, 111, 190, 204.
Water Bonds of 1872-Nos. <m 091. 023* 844, 621. 617, 057. 280 , 732, 77, 037 84,
.
6'4, 741. 052, 721. 705, 613, 008, 712, 004.
Water Bonds of 1883- N oh. 107, 110. 131. 142, 83. 85, 77.
Water Bonds of 18 0 -Nos. 317. 270, 180, 310. 231. 2 1 ), 230, ISO, 300, 278, 200. S74.
Water Bonds of 18-7-^Noa. 470, 627, 410, 432, 400. 451, 410, 4«0.
Waror Bonds of 1890— Nos. 851, 85 2. 863, 85). 855, 850. "67. 858, 859, 800. 801, 802.
803, 804. 3(16. 803. 837, 808. 8 0). 870, 871, 872, 87$, 874. 875,
Water-Works Bonds of 1890 (Construction > Nos. 41, 42, 43, 44. 46.
—
Water- Works Bonds of 1883 {ltefunding)-Nosb 32, 130, 120. 24, 108 . 09, 74.
Bridge Bonds Of l"83-Nos. 53. 32. 7, 21.
,
Budge Bonds of 1890— Nos. 21, 22, 23.
Intercepting >$ewor B >nds of 1887—Nos. 28, 29, 30.
River Dam Bonds of l*$8i)—Nos. 21, 22.
School Bonds of 1887-Nos. 91. 92. 03. 91, 06. 90, 97. 98, 99, 100.
School Bomb of 1889-Nos. 301. 302. 301, nut, :$o5, 30«, 307, 308, 309, 310, 311. 312.
Li Drary and Museum Bonds o f 1890—Nos. 26, 20, 27.
City Hall Bonds of I89U—Nos. 25, 20. 27.
N ebraska.— Warrant Call.—Sta e Treasurer John B. Meserve has called for payment Juae >3, 1398, $SO Q general
,O O
fund warrants, and on June 15, 1898, $83,000 general fund
warrants. This call pays all warrants on this fund to Nov
ember 3), 1896.
Newton Connty (Mo.) Seliool D istrict No. 4.— Bond Call,
—The district has called for payment July 1, 1898, at the
J u l y 3, 1898.J
THE CHRONICLE.
Laclede National Bank, St. Louis, 8.3 bond No. 4, issued July
1, 1894.
P ittsb u rg (Pa.), Peebles School D istrict .—Bond Call.—
The district has called for payment July 1, 1898, 10-20 bonds
Nos. 36, 41, 42 and 43, issued July 2, 1881. Bonds are in de
nomination of $500.
P o n tch artraln Levee D istrict, La — Proposed. Purchase
of Bonds —M. R. Spelman, President Board of Commis
sioners, Illinois Central Building, New Orleans, will receive
proposals until 11 a . m. July 16, 1898, for the sale to the dis
trict of $82,000 bonds (including not less than $10,000 50-year
bonds) of this district.
Richland County, 111.—Bonds tobe Redeemed.—The Board
of Supervisors has authorized the redemption of forty-six
$1 ,000 railroad-aid bonds.
Ripley County (Mo.) School D istrict No, 3 —Bond Call.
—An 82 bond for $150, issued in February, 1891, has been
called for payment July 1, 1898, at the Ripley County Bank
of Doniphan.
Ripley <'ounty (Mo.) School D istrict No. 4 .—Bond Call.
—The district has called for payment July 1, 1898, at the
Third National Bank of St. Louis, $; 00 62 bonds Nos. 4, 5
and 6, issued May 9, 1887.
Stevens County (P. 0. Colville), Wash .—Warrant Call —
S. S. Beggs, County Treasurer, has called for payment gen
eral fund warrants up to No. 199, inclusive, issued May 14,
1891.
W arrensburg (Mo.) School D istrict .—Bond Call.—Bonds
Nos. 1 to 37, each $500 and dated July 1, 1892, have been
called for payment July 1, 1898. Interest at 52 will cease on
that date.
W ashington.—Bond Cad.—State Treasurer Young has
called for payment $10,000 3)42 bonds issued in 1S90. This
reduces the State debt to $250,000.
Warrant Call.—State warrants No. 25,116 to No. 26,300,
inclusive, on the General Fund, have been called for payment.
Interest ceases July 7, 1898. Amount of call, $90,781 99.
W ashington County, Md.—Bond Call.—Pursuant with
Chapter 113, Laws of 1898, the County has oalled for pay
ment July 1, 1898, at the Hagerstown Bank, all outstanding
bonds of this county bearing 52 interest.
Wheeling, W. Va. —
Bond Call—I he following bonds, loan
of 1885, have been drawn for payment July 1, 1898, at the
Bank of the Ohio Valley, Wheeling: Nos. 152, 170, 177, 229,
239, 282, 285, 290. 306 and 309, for $1,000 each, and No. 108,
for $500.
___
Bond Proposals and Negotiations
this
week have been as follows:
Albany, N. V.—Bond Sale.—On June 28, 1898, the $210,000
3)42 registered water bonds were awarded as follows :
$50,000 maturing $10,000 yearly from 1899 to 1903, National SavlDgs Bank, Al
bany, at 10 * •06.
$50,000 maturing ILO.OOO yearly from 1904 to 1908. Albany City 9avings Inst., at
lew .
$£0,000 maturing $10,000 yearly from 1909 to 1913, Home Savings Bank, Albany,
at H-a-15.
$60,000 maturing $10,000 yearly from 1914 to 1918, Homo Savings Bank, Albany
at 104 10.
For description of bonds see Chronicle June 18, 1898,
p. 1205.
Allegheny County, Pa.—Bond Offering.— Proposals will
be received nntil 12 M July 12, 1898. by W. E. Thompson,
.
Connty Comptroller, for $250,000 3)42 bonds for an insane
asylum at Woodville. Securities are in denomination of
$1,000 dated July 1, 1898. Interest will be payable semi
annually at the office of the Connty Treasurer, and the prin
cipal will mature July 1,1908. Bonds are free from taxation.
A bond with approved security or a certified check payable
to the County Commissioners, for 102 of each bid, must
accompany proposals.
Alliance (Ohio) School D istrict.—Bond Sale.—On June
14, 1898, the district awarded $7,900 52 bonds to Seasongood & Mayer, Cincinnati, at 10PB286. Securities are in de
nomination of $1,000, with interest payable semi annually.
Principal will mature $1,000 in one year and $2,000 yearly
thereafter.
Anne Arnndel County (P. 0. Annapolis), Md.—Bond Of
fering.—The Board of School Commissioners will, on July
12, 1898, at 41 a . m., sell $37,000 52 county school bonds.
Securities are issued pnrsuant with Chapters 276, 372 and 522,
Laws of Maryland 1893. Interest will be payable January
and July. Principal will mature $7,000 in the years 1903,
1903, 1913, 1918, 1923 and $2000 in 1928. Bonds are exempt
from county and municipal tax.
Andover. Mass.—Bond Sale.—On June 28,1898, the $80,000 42 sewer bonds were awarded to the Third Na-ional Bank,
Boston, at 108 33. Following are the bids:
ITiIrd National Bank. Boston... l r8’33 I Farson. Leach & Co., N. Y........ 10’ ’60
K. L Day A Co.. Boston............ IB7 900 I E H. (Jay A Co . Boston............10:*2?
Estabro.ifc A Co., Boston
__107‘869 Arl ms A Co., Boston ..............
N. W. Harris * Co . New Y ork .. I07’< f» | Jose Parker & Co., Boston---- p
4
E. H. Rollins & Sons. Boston ...I07-74G r Mason, Lewis & Co..Boston — 10'‘19M
Blake Bros. & Co.. Boston.........107-08 Illinois Tr. & Sav., Bk„ Cnic ...197*1/9
L id /iv r ' tvuiL'- Book ............107*06 | W. H. C a re y ..................
107*0*
Vermilye A Co.. New Y»'rk ...... LO7*P0 [<Jeo. A. Female], Boston .-........ JxA.rx
Blodget, Merritt A Co . Boston.. 107\*8 E . S t a n w o o d A Co.. Boston.. 100*0
Parkinson A Barr, Boston . . 107*55 iH B. McDowell. Boston
••
Principal will mature as follows: $10,000 in 1903, $20,000 in
1908, $ 0,000 in 1913 and $30,009 in 1928. For further deecrip
tion of bonds see Chronicle June 25. 1898, p. 1246.
Aransas Connty, Texas.—Bond Sale.—The State Perma
nent School Fund has purchased $8,000 bonds of this connty.
A tlantic City, N. J .— Bonds Authorized.—At a meeting or
the City Council held Jane 27, 1898, the issuance of $40,000
bonds for a new crematory was authorized.
39
A tlantic Highlands, N. J .—Bond Sale —The borough has
passed a resolution accepting the proposition of E. C Stan
wood & Co., Boston, offering $100,000 for $60,000 4)42 30year gold refunding water bonds and $39,000 42 30 year gold
refunding sewer bonds. The bonds are issued to refund
$100,000 6,2 bonds maturing December 1, 1898. The new
bonds are in denomination of $1,000, dated July 1, 1898.
Interest will be payable January and July. The bonds will
be issued from time to tims as the old bonds are redeemed.
Bannock County, Idaho .—Bonds Proposed.—Petitions are
being circulated asking the County Commissioners to take
steps for the submission to the vote of the people the ques
tion of issuing $25,000 court house and jail bonds.
B ellaire, Mich.—Bonds Voted.—The city has voted to
issne bonds for electric lights.
Berm idji (Minn.) School D istrict,—Bonds- Voted.—The
district on June 22, 1898, voted in favor of issuing $8,000
bonds for a new school house.
Beverly, Mass.—Temporary Loan.—The town has nego
tiated a loan of $15,000 with Rogers, Newman & Tolman at
3 082 discount. Following are the bids received :
Rogers, Newman & Tolman,Bost.3*083 Adams & Co., Boston....... .......... 3*3055
Blodget, .Merritt & Co., Boston_315$ Bond & Goodwin. Boston............3*303
Parkinson & Burr, Boston............ 3 10% Curtis & Motley, Boston...............
Blake Bros. & Co., Boston............3*29J
»
Binghamton, N. Y.—Temporary Loan.—The city has de
cided to renew again the note of $59,424-20. A s has been ex
plained in the C h r o n ic l e this loan is renewed from time to
time pending the settlement of the affairs of the National
Broome County Bank, which failed several years ago. As the
city is secured by a bond and the interest is being paid by
the bondsmen, the obligation is purely a nominal one.
Bird Island, Minn.—Bond Sale.—On June 25,1898, the
$12,000 52 29-year bonds were awarded to Kane & Co,, Min
neapolis, at par. Bonds are in deuomination of $500, with
interest payable semi-annually.
Blue E arth City, Minn.—Bond Sale.—On June 22, 1898,
the $36,000 52 refunding bonds were awarded to the First
National Bank, Chicago, at 104'44. Bonds mature $2,000
yearly from 1899 to 1907, and $18,000 in 1908. For further
description of bonds see C h r o n ic l e June 4, 1898, p. 1101.
Bowling Breen, Ohio.—Bond Sale.—On June 27, 1898, the
$5,000 52 North Grove Street improvement bonds were
awarded to the Atlas National Bank, Cincinnati, at 102-425.
Following are the bids:
Atlas National Bank, Cincin. .$5,121 25 I Lamprecbt Bro°. Co., Cleve.. .$6,070 00
Seasongood A Mayer, Cincin . 5,103 76 | Exch. Bank. Bowling Green.. 6,067 0 C
S. a . Keau. Chicago
.......... 5,101 ( 0 j Briggs, Smith A Co.. C p cin .... 6/65 76
W. J. Hates A ^ons, Cleve
6,675 00 Denison. Prior A Co. Cleve ... 5,052 00
New First Nat. Bank, Colum’s. 6,075 00 | Rudolph Kleybolte A Co., Cin. 6,05106
Bonds mature $500 every six months from March 1, 1899,
to September 1, 1903. For further description of bonds see
C h r o n i c l e June 4. 1898, p. 1101.
B righton, 111.—Bonds Registered.—The State Auditor has
registered $12,000 52 refunding bonds.
Blinker Hill, 111.—Bonds Authorized.—The City Council
has passed an ordinance providing for the issuance of $6,900
52 electric light bonds. Securities will be in denomination
of $100, dated July 20, 1898. Interest will be payable annu
ally and the principal will mature 15 years from date of
issue, subject to call after 5 years.
B urlington. Vt.—Bond Offering.—Proposals will be re
ceived until 10 A. m . July 11, 1898, by L. C. Grant, CityTreasurer, for $20,000 42 20 year street improvement bonds
and $85,000 3)42 25 year school bonds. Securities will he in
denomination of $1,000, dated July 1, 1898. Interest will be
payable January 1 and July 1 at the office of the City
Treasurer.
Carnegie, P a .—Bond Offering.—Proposals will be received
nntil 8 p . m . July 6, 1898, for $75,000 4)42 street improve
ment, sewer and fire department bonds. Securities will
mature part yearly, as follows: $1,000 from 1906 to 1910,
$3,0: 0 from 1911 to 1920 and $5,000 from 1921 to 1928 in
clusive.
Cherry Creek (N. Y.) Union Free School D istrict .—Bond
Offering.—Proposals will be received until July 15, 1898, for
$7,500 42 bonds, the sale of which is subject to the approval
at the meeting of the School District, which will be held
July 19, 1898.
„ T
Chicago (111.) Sanitary D istrict .—Bond Sale.—On June
29, 1898, the $200,000 3)42 bonds were awarded to the Home
Savings Bank, Chicago, at 103-66. Bonds mature June 30,
1918. For description of bonds see C h r o n i c l e June 25,189 8,
P- 1246.
. m
Chicopee, Mass.—Loan Authorized.—The City Treasurer
has been authorized to borrow $; 0,000 for 10 years at 3)42 ln_
terest, for a new school building.
Cincinnati, Ohio.—Bonds Issued and Authorized—At, a
,
meeting of the Water-Works Commissioners held June 28,
1898, $500,000 3)42 bonds were authorized to cover this years
operations. Bonds will be dated August 1, 1898. The Com
missioners have issued a $50,009 bond, which will be taken
by the Sinking Fund Trustees.
#
Clarion (Iowa) Independent School District.—Bona
Sale.—On June 25, 1898, the $6,000 bonds were awarded to
the First National Bank, Chicago, at par for 4)42 bonds.
Following are the bids :
|
For 5% Bonds.
For 4.yu% Bonds
First National Bank. Chicago... Par. G. L. Tremain, Humboldt......
P. M. Dickey, Humboldt, Iowa. Par. W. J. Hayes A Son. Cleveland..
iowa Loan A Trust Co., Des M..
Mason, Lewis & Co., Chicago... 98 6-3 | Trowbr'dge.MacDonald A Niver
For
B >ni8.
Osage National Bank, Osage.... Par. 1 Co., Chicago.............................
I 8. A. Keau. Chicago...................
For 5% Boa ts.
First National. Bank, Chicago.. .101*800 C. D Young. Clarion.............. .
Farson, Lea*.h & Co., Chicago.. .100*216 | Denison, Prior A Co., Cleveland
Par.
Par.
Par.
Par.
Par.
Par.
Par.
40
THE CHRONICLE.
Bonds, mature 10 rears from date of Issue, subject to call
after two years. For description of bonds see Chronicle
J une t t , 1898, p 1158,
CtereUud, Ohio .—Bond Offering.—Proposals will be re
ceived until 13 M August 15.1898, by H. h, Roaaiter, City
Auditor, for $225,001 -!, funded debt coupon bonds, inn’urlay October 1, 190$. securities will be coupon bonds of
fl,000, dated October 1, 1S9S, interest payable semi-annually,
both principal and interest, being payable at the American
F.xch u;c. National Biuk, New Vork City. A certified check
drawn on a national bank for 810,000, payable to the “ Treas
urer of the city of Cleveland." must accompany bids.
Bond Sa> On June 27. 1898, the $240,000 45 sewer coupon
bonds were awarded to Whann & Sehiesiuger, New York,
a t 113*380. Following are the b id s:
W !., - - X - ' j '. * - , - X, Y. I
.
10 I K»r»on,LrtfU'h V Co.,ChloiicotCoa,ISS 00
v \ , i I -r• , *
. v
T0..\*.7 ... I tc -u l' -i. P rio r * Co., Clovo, SOS 300 00
U ,,, !..■»!, t ..
viiJ M I r.i I K .tftlo, m i V Co,, Boston.... 8*7.818 00
si.t (
.V
,
CJ • ■Ol W. A. H t t r i - * S.inu.ClovelM . MS oT2 00
rvoL. Lxvn.
mature July t, 19t8, $1,700 being subject to cull on or after
Jaly 1, 1903. For description of Donds see Chronicle
J ane 18, 1893. p. 1206,
Elklinru, \Vls. -Bond Sale.—On June 21, 1898, the $10,000
5j electric light bon is were awarded to the First National
Bank of Elkliorn at (04 515. Following are the bids:
H r s l N a tio n a l B m k , IClkh >rn ..101*515 I Dmil*on. Prior A Co., Cleveland. 103*00
l'Arson, Loach * Co., Uuiu>w:o..,lor i*j5 Mason, Lewis * <-o„ OhleaKo_ iO'>*o?
’
_
Jus,I>Qg»»rt hum . ''’o.,Monomla<!i0 ,lO i‘2A I s . A K ean, C b le m r o ........................lOS'OC
N\ W. If ir r b
Co , C hicago . . . 103* 11 | Noel V ouiut B ond & S to ck Co*,
* lr* t N atio n al B an k . P o rta g e . u w i ►
:>
S t . Louis.................. .............**.,..101*75
w . .J. H #yo« v so n s, C le v elan d ..io 3 * 0 0 1
V
Bonds mature $ 1 ,0 0 0 each year from January 1 5 , 1900, to
January 15, 1 9 0 9 , inclusive. For desexuptaon of bonds see
C h r o n i c l e , J udo 1 1 , 1 8 9 8 . p . 1 1 5 3 .
Elyria. Ohio.—Bonds Voted and Authorized.—At the elec
tion held June 37, 1898, the city voted to issu-> $15,000 bonds
to purchase the plant of the Elyria Gas & Water Co. The
$‘ 511,000 water works bonds recently authorized will bear
2
■J'-IJ interest parable at the United States Morrgage & Trust
Co., N*w York City. Principal will mature $1 ',000 yearly
from 1009 to 1934 inclusive. The date for the sale of these
bonus has not yet been determined upon.
Fall River. Mass.—Bids. —Following are the bids received
June 24, 1898, for the $ 1 0 9 ,0 0 0 4/i sewer b mds;
Bonds matnr. September 80, 19-51. For further description
of bonds see Cliff *siCLK May 28, 1898, p. 1055.
College Hill, Ohio .—Bonis Vote!. The town has voted to
issue iln .i1 1water works bonds. Full details of the issue
"
have not yet been determined np*m, and will not be until an
agreement has been made with the Board of City Affairs of W h a n n & Solilesiiis*er. N. V -----n 1*313 I E sU ibrnok A Co.. BosHm . . . . . .. 112-69
Cincinnati to furnish the supply of water.
M ason. L ew is * C o. B o sto n
' 13- j 7 » I N. W. H i r r i s x Co, Now v o rk ... I L2*33
d am s
Co.. B
................113*080
..1L2*15
Concord la. Mo.—Bond Offering.—Proposals were asked A lodgef.,t M erritt ostou ..B o sto n . .113*6 >6I Berfcron ,fcbS tnJrrjt nN ew . Vork __ 112*05
B
v Co
D unacom < o n is o n N. Y
until 6 o'do :k i . m. yesterday (July 1, ISsiS.) by L. G. Mehl, R. L. D ay «fe Co., B o s to n .............. 112*907 | P a rs o n , L each <fc Co., N ew Y ork. I tl-92
Mayor, for $5,009 5t water-works bonds. Securities will be
As stated last week, bonds
in denomination of $200. dated July 1, 1898; interest will be Suhlesiucpr. New York, at 11 * 3were, awarded to W hann &
3 33.
payable January 1 a id Jnly 1 a t the office Of the City Treas
Fertile, Minn .—Bond
June 9,
urer. At t he time of going to press the result of the sale was waterworks bonds were Sale.—On to F. R. 1898, $6,000 6f
awarded
Fulton & Co.,
not known.
Grand Forks, at 102*833. Following are the bids:
U s d e County | Mo.) School D istrict No. 2 .—Bonds RegisF- R . P u lto n t Co., G ran d P o rk s .$ 6 , 1 T0 j S. A. Ke-an, C hicago . ----------- $5,015
i* r td . — T h e
d is t r ic t h a s h a d t h e S ta t e A u d ito r r e g is te r fo u r
$200 a n d th r e e $100 b o n d s, b e a r in g d a te Jane 3, ISsS. Inter
est is a t 8 p e r c e n t .
Duhlenegu l Ua.) School D istrict ,—Bond Offering.—Pro
posals will be received until 12 M Jtrly 31, 1898, by Frank W.
.
Hall, Chairman School Commissioners, for $2,500 1% bonds.
Securities are in denomination of $100, dated July 1, 1898.
Interest will be payable annually on July 1 at the office of the
Town Treasurer, and the principal will mature $100 yearly
on July 1, from 189.1 to 1923, inclusive.
Dec-atur. Mich.—Bon is Voted.—On June 27, 1898, the vil
lage authorized the issuance of $4,000 electric-light bonds by
a vote of 804 to 43, The securities will bear 5%interest, pay
able semi annually, and the principal will mature $2,000 iu
the years 1903, 1908 and 1913. Date of sale has not been de
termined.
Delphos, Ohio .—Bond Sale.—On June 21, 1898, the $5,000
of water-works bonds were awarded to Denison, Prior & Co.,
Cleveliud, at 104 0S5. Bonds mature $1,000 yearly on July 1
from 1910 to 1920. inclusive. For further description of bonds
see Chronicle, June 4,1898, p. 1103.
Denver. Col.—Bond Offering.—Proposals were asked until
yesterday (July 1, 1898), for $8,001 Fourteenth Street Viaduct
District Bind?. These bonds were sold at par and accrued
Interest.
Dimmit County, Texas .—Bond Sa’es.—The county has
sold to the State Permanent School Fund, $21,000 5440-year re
funding bonds and to the permanent school fund of the
county $000 4 - to year refunding conrt.-house bonds. This is
in addition to the sale reported last week.
Dixon, 111.—Bond Issue.—The City Council has authorized
the issuance of $50,000 44 refunding bonds to mature not later
than July 1. 1903. The City National Bank will take the
entire issue,
Donley Comity. Texas.—Send Sale.—In the Chronicle
last week we reported that the State Permanent School Fund
had taken $1,000 of the $24,001 refunding court-house bonds.
We are now advised that the State has taken the entire issue
of $24,000.
Duluth, Minn. -Bit)* for Bonds.—Twelve bids were re
ceive i on June 27, 1898. for $955,000 44 gas and water bonds,
all bids, it is stated, being at par. The award was not made,
owing to a question of legality being raised on account of
there being 880,000 taxes due on the plant. The matter has
been referred to the Council.
Durham, N. €.—Bond Election.—An election will be held
August 1, 1898, to vote on the question of issuing $225,000
bonds for tbe following purposes: For the construction or
purch is* of water works; for the construction or purchase of
electric-light plant and for street improvements.
Ea-t Uncoin (Town), 1-ogan County, 111.-B o n d Offer.
«m/ -Proposal* will be received until 10 a. M., July 8, 1898,
by J. 8. Haller, Town Supervisor, for $72,000 refunding
bond*. Interest, will be at not more than
payable an
nually at the office of the State Treasurer. “ Securities are
in denomination of $ ,0n0, dated July 1, 1898, and will
mature ns follows; $3,000 yearly on Jnly 1, from 1899 to
1908, inclusive, ii.ooi) yearly on Jnly i, from 1909 to 1911,
inclusive, $5,000 yearly on July 1, from 1913 to 1917, in
clusive.
Cast port (Me.) Slim il D istrict.—Bonds Authorized.—The
issuance of $20 Quo if 20-year gold school bonds was recently
authorized. Bonds will probably be offered for sale in
August,
Elkion fK r.) School D istrict .—Bond Sde.—On June 23,
183$, the $13,700 V fi refunding school buitding bonds were
awarded to Kane * Co., Minneapolis, at 96-075. A bid was
also received from W. J. Haves & Sons, Cleveland. Bonds
T row bridge, M acD o n ald & N iv er
I K. W . P e a ' & S o n S t . P a u l ....... 6,000
Co*. C hicago ................... .............. 6,168 I W . J . H aye.s & S o n , C le v e la n d ... 6,000
K an e & Co„ M in n e a p o lis.............. 6,050
Bonds are in denomination of $t,009, dated June 1, 1898.
Interest will be payable semi-annually at the Security Bank
of Minnesota, and the principal will mature June 1, 1903.
Flint (Mich.) Union School D istrict .—Bond Sale.—On
June 25, 1898, the $16,000
school bonds were awarded to
the Michi gan Fire & Marine Insurance C of Detroit at
_>.
100*781. Following are the bids:
M ich. E ire k M ar, In s. C o.......*14.186 00 | M attlie w O ilall. C lin t
*1,30000
K n * g h tso f th e Loyal G u a rd s .
F lin t
F.
R. H a th a w a y ,
F lin t .......... ............. ............ 16.O il 50
(«L,00b)
1,0 0oo
0
F ir s t N atio n al B an k , F l i n t . . . 16,025 on | M rs. V au g h n . F lin t ($ 5 0 0 )...,
500 00
P a rs o n . L each & C o .,C h ic ... ifi.OXi 00 , Mr*. A f wo Hi PI n t ($50 »)___
500 00
G en esee C \ Sav. B k.. F l i n t . . 16,000 00 I W. J . H tyes & S o n s. C love .. 15,950 00
C itizen s' Com, & 8 av . B an k ,
| Deixfson, P r i o r & Co., C le v c .. 15,803 25
F l i n t ...................................... . 16,000 00 I
Bonds mature $4,000 yearLy, from. March 1. 1990 to 1903,
inclusive. For description of bends see C h r o n i c l e June 25,
1898, p. 1247.
Fcxborough, Mass.—Bond Sale.—On July 1, 1898, the
$15 000 i% bonds were awarded to Jose. Parker & Co., Boston
at 103 89. Bonds mature $2.50 ) yearly on July 1. from 1903
to 19 18, inclusive. For further description see C h r o n ic l e
last week, p. 1247.
Fresno County (Cal.) Rosedale School D istrict .—Bond
Sale.—On June 25, 1898. the $1,275 d school building bonds
%
were awarded to t h e First National Bank of Fresno at
lOt‘569. A bid of 190*41 was received from C C Wheeler.
Bonds mature $125 on Jam n ry 13 of ths year* i 960. 1991 and
1903, For further description of bonds se e C h r o n ic l e , May
21, 1898, p. 1012.
Galveston, Tex .—Bonds Armroved.—The Attorney-General
has approved an issue of $3,000 water works bonds.
Garfield (W ash.) School D istrict .—Bond Offering.—The
district will sell at 12 m , July 9, 1893, in Colfax, Whitman
C muty, $4,000 6-9 year (serial) bonds, F. L. Gwinn is tbe
Clerk of the Board of Education, P. O., Garfield, Wash.
Geauga County, Ohio.—
Bond Offering. —Proposals will be
received until 1 p , m. July 6, 1893. for 89,600 ditch bonds.
Gleuolden, P a .—Bond Sale.—Of the $3,150 H 10 30 year
bonds sold last month, 83,000 were awarded to W. P. Simp
son, Philadelphia, at 101*03, and $150 was taken by the sink
ing fund.
Grand P rarie Levee D istrict .—Bond Bill Passed.—A bill
has passed the Legislature creating the Grand Prairie Levee
District and authorizing the Board of Commissioners to issue
bonds.
G reat Fails, Mont.—Proposed Bond I<sue.—Mr. W. S.
Frary, City Treasurer, writes us that there is soma prospect
of a bond issue for w aterw orks. Mr. Frary says that at
present the City Council and the owners of the old water
company are trying to compromise on a price for the old
plant.
Greene County. Mo., School D istrict No. 1 .—Bonds Regis
tered—Three $300 6 ' bunds, bearing date June 1, 1898, have
%
been registered by tbe State Auditor.
Greenwich, Ohio.—B i d s . — Following are tbe bids received
June 21, 1893, for the $3,009 d water supply bonds :
%
W . J* Il& yes &Sons,Clf;TelftiHl.FM 50 00 8 p ltz e r & Co . T o io d o ............ *3,285 30
LtttilDrechl Hrn* & Co . Clovo. 3,400 50 I D om a in, P rio r * Co*. C le v c .. . 3,276 CO
S ea-o u « « o d k M ayer. O lacln . 3,406 2 i i N od-Y ounu: Bond & S to ck Co.,
Now First. N ut. Bk . C o lu m b u s *3.405 00 I 8 t. L o u t s ..................................... 3,0*16 00
ManBtloM Saving# B an k ........... 3,387 30 I F. \V B u rro w s ,G re e n - ) fil,000 1,020 00
w lc h ...................... . . . . . J 3,000 P a r .
BrlRKH. S m ith &Cf>., C in c in n ati 3,300 00
R u d o lp h K lo y b o U eA Co., Cin, 3,2*7 50 |
As stated last week, bonds were awarded to W. J. Kayes
& Sons, Cleveland, at 115.
Gnstavns (Ohio) School D istriet , —Bond Sale.—On Jane
1. 1898, the district awarded to Wm Herbert, of the City
National Bank of Niles, $3,000 5* bonds at 101*75.
J uly
THE CHRONICLE.
2, 1898.J
41
Hancock (T illage) Stevens County, Minn .-Bond Offer yeariy from 19 > to 1909 inclusive, subject to call at any
5
ing.—Proposals will be received until 8 p . m. July 15, 1898, time. The bonds are in denomination of $100 and $500.
by A. J. Erickson, Village Recorder, for $4,4.i0 67 gold town
Lynchburg, Ya.—
Bonds Proposed. —
The issuance of $30-
hall bonds. Principal and interest will be payable at the
First National Bank, St. Paul, the principal m aturing $500
yearly from 1899 to 1906 inclusive, and $400 in 19j 7. A cer
tified check for $500 must accompany bids.
Holly Springs, M arshall County, Miss.—Bond Offering.—
Proposals will be received until 8 P. M., August 2, 1898, by
John Calhoon, Mayor, and the Board of Aldermen, for $43,000
67 coupon water-works and electric light bonds. Securities
are in denomination of $500, and mature 20 years from date
of issue, subject to call after five years. Interest will be pay
able semi-annually. A certified check for 57 of the amount
of the bid must accompany proposals.
000 school bonds is under consideration.
Lynn, Mass.—Bond Sale.—The $25,000 4,7 water-works
bonds were awarded to R. L. Day & Co., Boston, at 111-587.
Following are the bids :
R. L . D ay A Co , B o s to n .............. 111*587 I A d am s A Co., B o s to n ................. 111*08
B la k e B ro s. & Co., B o s t o n .........111*44
G eo. A . F ern ald A Co., B o s to n .. 110*07
E s ta b ro o k A Co., B >ston...........111*177 | E . H . R o llins A Sons, B o s to n ....104*53
P a r k in s o n A B u rr, B o s to n ........111*16 I Jo se , P a r k e r A Co.. B oston .......109*376
B lo d g et, M e rritt & Co., B o sto n . 111*15 E . C. S tan w o o d A Co., B o s to n .. .108*50
L ee, H ig g in so n A Co., B o s to n ...111*10
Temporary Loan.—The city has negotiated a four months
loan of $100,00) with George Mixter of Boston at 37 and $1 87
premium. Following are the bids :
G eo. M ix te r ($1 87 prem iu m ) ....... 3%
E s ta b ro o k A Co., B oston ...............3*07%
K dgerly A C ro ck er. B o s to n ........... x%
B o n d A G oodw in, B o s to n ............... 3 *12 %
B la k e B ro s. A Co.. B o sto n ............3*05% B lo d g et, M e rritt A Co., B o s to n ....3*31%
C u rtis A M otley, B o s t o n .............. 3*05%
7 he official notice of this bond offering mil be found among
McKinney, Collin County, Texas .—Bond Offering.—Pro
the advertisements e'sewhere in this Department.
posals will be received until 2 p. m. July 18, 1898, by J. M.
Hornellsvile (N. T.) School D istrict No. 7.—Bond Sale.— Pearson, Mayor, for $29 000 57 water-works bonds. Securities
On June 25, 1898, the $10.i 00 5$ bonds were awarded to the
Catholic Mutual Benefit Association of New York, at
104-624. Bonds mature $2,000 yearly on January 1, 1900 to
1904, inclusive. For further description of bonds see Chkon
icle June 11,1898, p. 1153.
H untington (Mass.) F ire D istrict .—Bond Sale.—O i June
27, 1898, E. H. Gav & Co.. Boston, were awarded $25,000 4
%
district bonds at 107 26. Following are the bids:
H . G ay A Co.. B o sto n
.
107*26 I R. L . D ay A Co.. B o s to n ................105 09
P a rk in s o n & B u r .. B o s to n ...........i0*v28 B lodget, M e rritt a Co.. B o s to n ...1' 4 78
.
E s ta b ro o k A Co.. B o s t o n ..............105*78 | E . H . R o llin s A S ons. B o s to n ....... 104*43
V.
Jefferson City, Mo.—Bond Election—An election will be
held July 7, 1898, to vote on the question of issuing $6,000
street-improvement bonds.
Johnstown, N. Y.—Bond Offering.—Proposals will be re
ceived until 1 p . M. July 5, 1898, by N. J. Stoller, City Cham
berlain. f ir $22,500 4% school bonds. Securities are in de
nomination of $500, dated June 15, 1898. Interest will be
payable June 15 and December 15 at the Johnstown Bank.
Principal will mature $2,500 yearly on June 15 from 1914 to
1923 inclusive. Accrued interest will be added to the amount
of the bid.
La Crosse, M is .—Bond Sale —On June 25,1899, th e $25,000
4 school and water refunding bonds were awarded to Far%
son, Leach & Co., Chicago, at 103-772. Following are the bids :
Premium. I
Premium
F a rs o n . L e a c h A Co.. C h ic ag o .. .$693 00 M ason, L ew is A Co.. C hicago—
T ro w b rid g e. M acdonald A N iv er
I D enison, P rio r A C o.,C leveland
Co . C h ic ag o ..................
653 00 j T . B. P o tte r. C h icag o ............
N . W . H a r r is A Co.. C hicago....... 635 00 j l> atnpreeht Bros. Co.. C leveland.
B rlg g -, S m ith A <’o , C in c in n a ti. 632 <»0 I R u d o lp h K lev b o lte A Co., C in’tl.
H easongood A M av«r, C ln c in n ’tl 507 75 I S- A. K -tan, C hicago . . ...............
W . J . H a y e s A Sons. C le v ela n d . 505 00 1 M inn. L o a n A T r u s t Co.. M inn..
4iS7>
*03 5
00
377 50
331 50
101 00
57 00
Bonds mature 20 years from date of issue, subject to call
after 10 years. For further description of bonds see
C h r o n i c l e May 28, 1898, p. 1056.
Lee County (P. O. (iidilings), T e x a s —Bond Sale.—We
are advised that the $40,000 57 court-house bonds have been
sold to the State of Texas at par. Securities will m iture in
40 years from date of issue, subject to call after one year. For
further description of these bonds see C h r o n i c l e March 26,
1898,p 630.
Le Roy (N. T.) School D istric t No. 1.—Bond Sale.—On
J ub« 28, 1898, the $8,000 1 4 year serial high-school bonds
w te awarded to Isaac W. Sherrill, Poughkeepsie, at par for
3-85 per cents.
Lima, Ohio.—Bond Sa'e.—Oa June 27, 1898, the $12,600 57
West Main Street paving bonds were awarded to the Ameri
can National Bank. Lima, at 106 843. Following are the bids
received for $ 2,780 bonds, of which only $12,0C0 was awarded,
$780 not being delivered:
Premium. I
A m erican N a t Bank, L im a ........1874 60
W . J . H a y e s A S ons, C lev elan d .. 71*2 00
S easo n g o o d A M aver, C incln . . . 706 75
A tla s N at. B ank, C in c in n a ti....... 681 20
L a m p re c h t B ro s. Co., C ie v e ....... t8 7 33
Premium.
N ew F irs t N at. B ank. Columbus.$57o 75
I S. A. B a x t e r * Sous, L im a .......... 571 60
I S p iti^ r ACo., T o le d o ...................... 495 50
t ’ro g h a n B ank S*v.Co„ F re m o n t. 401 no
| T. T . M itc h ell A S ons. L im a .. . 357 23
Bonds mature $500 every six months from July 1, 1899, to
July 1, 1903, laclusive, and $750 every six mouths from Jan
uary 1, 1904, to July 1, 1908, inclusive. For further descrip
tion of bonds see Chronicle June 18, 1898, p. 1207.
Bids Rejected.—All bids received June 13, 1898, for the
$50,000 6% South Main Street paving bonds were rejected.
Mr. C. E. Lynch, City Clerk, writes ns that the bids on the
work for which bonds were to be sold, having been rejected,
he will re advertise for bids on the bonds also, to be received
until August 8, 1««9. A description of the bonds will be
found in the C h r o n i c l e M a y 21, 1398, d . 1012.
Livingston County, N. Y. Bids Following arethebids
leieived June 23, 1393, for the $30,000 4%% court house bonds:
B<*rtron A S to ris . New Y ork. ..I03*0o
rk
....1 0 3 -4
Allen & Sand, Ne’ York
....10 3
N. W. Harris A C* 'e w York..103*72 I Jo s. E. G av in , Buffalo ...............
Rochester Saving B m k.......... 103VH 1 D enm on, P rio r A C- .. Cieve ...102*^4
R. B. Smith A Co. ew York. .1 8*48 Ben well A E v e ritt, N ew York..0*2*8i
•••
Street W-kea A Co .. New York. 103*433 L. M orrison, New York
Edw . C. J o n e s Co.. New York. .102 -?6
* ",y, .Nijnd
. .1 0 3 * u
G en esee V alley N at. B ank
Whann A SohleUngor. N. V
1<
\V. J, Ha^es a Bonn. Cleveland 103*21 B a n k o f W r s a w .......................... 1 0 )9 0
M o n ro e Co. S avings B a n k ........ to* o<Dan l A. M ran v C m. n . Y ...... 103*26
Isaac W . rtn e m il, P o k e e p a lo .. ,1< 3*08
are in denomination of $500, dated June 1, 1898. Interest
will be payable Jane and December at the National Bank of
the Republic, New York. Priucipal will mature June 1,
1938, subject to call after June 1, 1918. The bonds were au
thorized by Article 488 Texas Revised Statutes of 1898. The
total debt of M -.Kinney, including this issue, is $42,700. The
assessed valuation in 1897 was $1,469,910. The present popu
lation is over 5,00'.
Mahoning Couuty, Ohio .—Bond Offering.—The Commis
sioners of Mahoning County will offer for sale at 10 o’clock
A. H . July 8, 1898, $90,000 of 4% per cent bridge bonds. Thesecurities are issued to build a” bridge across the Mahoning.
River and will be in denominations of $1,000 each, dated
July 1, 1898. The interest will be payable semi-annually on
the first days of March and September, both principal and
interest to be paid at the office of the County Treasurer.
Youngstown. The principal will mature $5,000 yearly on
September 1, from 1900 to 1917 inclusive. The bonds are is
sued under authority of an Act of the General Assembly of
the State of Ohio, Section 871 of the Revised Statutes,
amended April 27, 1896. All bidders will be required to de
posit with the County Treasurer a certified check for $5,000
on some bank doing business in Mahoning County and pay
able to the Commissioners.
Malden. Mass.—Rond Sale.—On June 30, 1898, the city
swarded $24,001 47 bonds to Blake Bros. & Co., Boston, at
102-20. Securities are as follows:
$1,000 surface d r^ n a g e bonds, dated Ju n e 1, 1898, and m aturing $2,000 J u n e 1
1899, and $2.0 0 J u n e L, 1900.
5.000 brick sidewalk bouas, dated June 1,1898. and m aturing in from one to
10,000
five years.
new stre e t bonds, dated June 1, 1898, and m aturing in from one to ten
years,
5.000 scbool-bouse bonds, dated April 1,1698, and m aturing in from one to five
years.
Bonds are in denomination of $1,900, with interest payable
semi-annually at the National Bank of Redemption, Boston.
M anilla (Iowa) School D istrict.—Bonds Voted.—On June
27, 1898, the district voted in favor of issuing $1,500 67 bond*,
for an addition to the school-house. Details of the issue are
not yet determined.
Mansfield. Ohio.—Bond Sale.—On June 27, 1898, the $24,450 67 street-improvement bonds were awarded to the Citi
zens’ Savings & Loan Co., Mansfield, at 105-302, Bonds
mature one-fifth yearly. For further description of bonds
see C h r o n ic l e June 25, 1898, p . 1248.
Massachusetts. -Bonds Authorized.—A hill has passed the
Legislature providing for the issuance of $l,500,0u0 30 year
war bonds. Interest will be at not more than 47. The State
Treasurer will issue bonds from time to time as the money is
needed.
Meridian. Miss.—Rond Safe.—The city has sold to Rudolph
Kleybolte & Co.. Cincinnati, $20,000 67 30-year street paving
bonds, at 105. There were no other bidders.
Michigan—Bond Sale.—Bids were asked for until Jane 20,
1898, for $100,000 37 war loan bonds, at par and accrued inter
est. Mr. Rooert T. Steel, Deputy State Treasurer, writes u*
that the loan was subscribed for seven times over by citizens of
.Michigan, and that $191,300 was allotted by the Stive These
bonds are in denominations of $100 and $1,000, dated July 1,
1898. Interest will be payable May and November and the
principal will mature May 1, 1908, subject to call after May
1, 1903.
Milwaukee, Wis.—Bond Offering.—Ordinances have been
passed authorizing $140,0C0 street improvement bonds and
$ 0,000 bridge bonds. Bids for these bonds are to Be re
ceived until 10 a . m . Ju 'y 15, 1898, but, as will be seen from
an item in another column of this Department to-day, an in
junction has been granted against the issue of the bonds,
which iD jnnctiou is to be heard. July 9.
Buds. —Following are the bids received June 22, 1898, for
the $80,000 57 sewer bonds and $80,000 57 garbage bonds :
W h a n n & S chleslnE er, N. Y..113 698
I B lak e B ros. & Co.. N ew Y ork.U S;580
N. W . H a rris & Co., C hicago
I W . .1. H ay es & Sons. O lev e... .113 o5
(EaroaEO)
.........................113-41
B ertro n & S to rrs. New York. .US-S8I4*
P arso n , "each & Co.. C h i.......113-522225 I B enw ell & E v e ritt ( s e s r e i- i....l lf |5
E. f l. R ollins & S ons,.B oston.113-513
I A dam s & Co.. B oston
.........It* 80
Illin o is T r u s t ^ S a v in g s Bit.,
_
I B lodget, M e rritt & Co., B o s . . . I l l S3
I Second W a rd S avings B ank.
h ie a g o ...
..................... 112*85
I M ilw aukee (se w e r).............. 111*26
R u d o lp h K ley b o lte A Co..
I B enw ell A E v e r itt (g arb ag e )..111*26
1 incin n ar.i..........................
.112*81
v . A. K ean, C hicago..................111*25
-1
M ason. Jjnw is A Co , C hicago 1*2 773
E sta b ro o k A Co , B o sto n
.11*2*61
As stated last week, bonds were awarded to Allen & Sand,
New York, at 103-84.
Logmi County, Okia.—Brmd Sale.—The county has issued
$18 00 judgment bonds for the pnrpose of refunding judg
As stated last week, the sever bonds were awarded to
ments against i he county. These bonds were not sold, but
Whann & Sehlesinger, New Y irk, hut the city
were issued to the holders of the judgments at par. They from selling the garbage ooads. Since then was restrained
farther litigabear 67 interest, payable semi-annually, and mature $3,600
42
T H E C H R O N IC L E.
(v o i.. L r v i t .
Sas it«m in another oolarno ot this Di the city issues from §20,003,000 to §30,000,000 each year in
anticipation of the collection of taxes. We ordinarily make
Minnesota.—# l i Salt.—On Jane 34. 1893. the §'200,900 no mention of these loans, but this particular transaction has
f indebtedness were awarded to Rudolph attracted so much attention that a reference to it seems de
4* certificate;
Cinsinuati, at 101 8105. Following are the sirable as a matter of record.
K ieyboite
C
Bond Issue Again Delayed.—On June 38, 1808, the Board of
bids:
Aldermen again failed to pass the resolution providing for
Haaolpli K’et!,..lt. \ Co., ClastooaW taottns iM
,
ueV.
the issuance of upwards of §38,0 <0,'100 bonds. Tne vote was
l
| A 'O 'JO u i’ 1-00
38 for to 11 against, it requiring 45 votes to authorize It is
« P » o l »“
if» A V U rm a I n , I n l o r 4o.O»’ ,lu» U»1
( or &0 OXHlue ll*" *
said that the measure will come up at the next meeting of
M u o n . U * ! « Jt C j .. C h ic a g o • e'»tlr<» I n
the Board J uly 5, 1898, on special orders.
J . C. J ia fta ft *4, P au l tf X>.4>A) tlUf» M l>
>S
Miaoe* <ta !*> .1 T
»•» jr»i*t
M oe»*psi
m
Norfolk County, Mass.—Temporari/ Loan.—The county has
p>r*i
IIau Js. f*l. P au l <*J*.u k > tl
g
II
34in n ra o o lu ieflU rr U*U0‘..................
negotiated a loan of §80,000 at 3J #'7 discount. L ian matures
.
fii.tX x d u e lwOO
in December.
* 5 1* jUTiac-* ! * » u t St- P a u l .. o r *5.606 d u e t» " l
4. *
Cor *5,000 d u e I90i
North Plainfield ( N.J.) School D istrict.—Bondoffering.—
W iaotift D-fjvaH B ank. W la o tin tl^u.OOOdue LO
tr i m S * '!
B ank. S t. P eusr
duo l*H»
Proposals will be received until July 15, 1898, by the Board
Y%?M S a U d su l lU !sk .S ti» \o p d 9 t l \ ‘WO duo 1000
U *ubr« i . Cullon. SC Paul t|7.<X duo l-OO)
>.»
of E iucitiou for §20,000 H school bonds.
:;«1 lUuk. H*«l log* (#5.000 duo 1900)........................The official notice of this bond offering will be found among
The Merchants' National Bank of St. Paul put in a bid for
SUM ii in bonds to ne: 8, ,> per annum. Certificates m iture the a ivertisem-nts elsewhere in this Department.
July 1. 1900. §101,000 July 1, 1991. and §5 1,000 on
Ogden, Utah.— Bond Ofering.—Proposals will be re
.Toly 1. 1902. For farther description see C h r o n i c l e June ceived until 4 p .M. July 5, 1898, by Edward H Anderson,
City Recorder, for §100,030 4 l,ft gold refunding bonds. Secur
11. 18.48. p. 1151.
Monrovia, Cal.—B m l S ilc.—O i June IS, 1898, the § ’5,009 ities are in denomination of §1,000. dated A uguit 15,1898.
f t gold bauds were awarded to \V. J . Hayes & Sons, Cleve Interest will be payable semi annually at the Cnaee National
land, at 10- J3S, No other bids were received in time. Bonds Bank, New York City. Principal will mature August 15,
mature $325 yearly on J n ly l from 1809 to 1933 inclusive. 1918. subject to call after August 15, 1903. A certified check
F o r farm er (inscription of bonds see C h r o n i c l e Jane 4, 1893, for $2,i 00 will be required with each bid.
Oneonta, N. Y.—Bond Sale.—Ou Juue 25, 1893, the §15,003
p. 1104,
M ontana —Bowl S ile .—Local papers repart the sale of bonds were awarded to the First National Bank of Oaeonta
4200,0 0 arid land boods, secured on lands acquired under the at l 0‘50 for 3 * a bonds. Securities mature §1,030 yearly on
S%
Carey law. The sec
' -re sold to a Chicago firm, and July l, from 1903 to 1917. inclusiv > For further description
the proceeds w ill he us 3d to irrigate large areas in several of bonds see Chronicle Jane 2 > 1898, p. 1249.
,
portions of the State.
Osage City. Kan .—Bond Safe.—The City has sold to the
Montevideo, Miun.—Bond Sale—On Juue 20, 1898, the Kansas State Agricultural Colle e at u ir, $3,0 "I 5
bonds.
43.01)9 ii; 10 year bonds were awarded to the Minnesota Loan
Ottawa County, Ohio.—
Bonds Voted.—By a n n jo rity o f
i Trust C ) ’ Mionetp ills, at 107 SO Following are the bids : about 370 the countv authorized tbs is urauce of §40,000 5£
.
M ian. iao*n X Tru*t c>,
.*.# Mi li O 11 Trowbridge. MacDonald &
court-house bonds at the election held Jane 27, 1898. F all
S- A. KoAXi. Cnicj&zv..... ... ... a ; .: n '5
Nlver Co.. Chicago.............. 55.11100
Ci*Ij?-hiv '■tilii ■lid
"
R. J»5 0 • N\ \V. EI«flS & Co.. DillCIWO, 0 <M d-ta Is nave not yet been determined.
W. J . Haro* \ ^ .n s, n o v o rm l i1,'-1c <o 1
;
l> tnison. Prior & Co.,Cl^velimdH,07*01
Perniseott County (Mo.) School D istrict No. 1 .—
Bonds
J. 1> Oesttaorn A Cm.. Mum . .. :i l r- • on K. \V P eat & Sun. St. Paul . 3.06060
.
osa-je National Ben*................ b. I i 'JO* 1 ,V h?J Youn« B oa J & Stock Co.,
Registered.—The State Auditor has registered one $503 8*
j . C N «.rtoa
. P aul ..
. . . . a .i : t . *<<, S '. L-jii Is ..................................... 8.rtl0 < 0
>
bon I, dsr.-ii .Tune 1, 1838.
G- BUa*oo. Montevideo ____
j It. S. Bacon. M o n tev id eo .......
Par.
DakeM . F*r»,»n. Chicago........ 3.120 Ou I
Philadelphia, Pa. -Bond Sale —
On June 27, 1893, the
Kane « Co., Minneapolis, bid par, less §75 commission for $1,316 009 serial loan was awarded to the Commissioners of
the Sink n? Fund at par for 3 per cents. The Western Sav
5s bonds.
Mount Sterling (Ohio) School D istrict.— Bond Sale.—On ing Fund Society bid on $50,0 :0 each of 6 series maturing
June 28, 1898, the §6,000 6ri school building bonds were from 1908 to 1903, at 101'35, 10P45, 10P55. 10P65, 101'75 and
awarded to Rudolph Kleybolte & Co., Cincinnati, at IG5T7. 10P85 for 3t^ per cents,. Only two other bids for $2,003
bonds each at par for 3 % per cents were received. Bonds
Following are the bids:
Rudolph Kiev bolt* A C ... C in.*<3,310 20 ' Brins*. Smith &Co., Cincln— #0,216 50 mature §65,800 each December 31 from 1908 to 1937. inclusive.
Far *<<ri. Leach A Co .Chicago. d.:u)7 00 | Mason. Low is & Co., Caic&gO.. 6,21100 For farther description see C hronicle Juue 25,1898, p 1249.
L im prech i Bros.Oo«Clove . ... 0,31575 i Farm ers Buulc o f Me. Sterling 6,240 0J
t- Mnrnr u aln u gG , o ; aobj- id u u * Rivnd Sftick fin
'in
Placentia School D istrict, Orange County, Cal.—Bond
sejwonjfooii .v jin y er. 1 d o ib ., rt.Mi'* Tfi I Viinl-VAiini/ nuuu ct o tu tn e u .,
W. J, 11 -iye* .v Sons, Clovu
6,298 00 j S r. Louis ............................... 6.181 03 Sale.—Oa June 20, 1838, the $2,5 0 7* gold scuool baildiug
Hu;i.'C i# x Sun§. C naaria Falls fl.*ii-800 S. A. Kean, C h ic ag o ........
T
6,104 60
-Atlauf N at. B ta k , d o c l o o t t i .., 15,288151
bonds were awarded to Isaac Springer of Pasadena a t 106'686.
Bond* mature $500 every six months from March 1 ,1893, to Following are the bids :
P rem ium . ]
P rem ium *
September 1, 1910, inclusive. For further description of
Isaac Springer, Pasadena ...*L6? 15 H . W. Ch?nowith......... . .^12650
bonds see C h r o n i c l e Jane 4,1898. p. 1101.
Oakland Bank of Savings..... 16666 !C. O Heest.............................. 150 00
.
Mount Vernon, X. T. - Bond Offering.—F arther details are
Bouds mature part yearlv. beginning Jane 1, 193).
at hand relative to the offering for sale of §30,0 0 highway
Prescott, Ariz .—No Bids Received.—No bids were re
improvement bonds on July 5, 1898. Proposals will be re- ceived on Jane 20. 1893, for the $159,030 5* 50-year water and
ceived nntil 8 p. m. July 5, 1898, by the Common Council for sewer bonds, the offering for which was given in the C h r o n
tlie §70,0(10 4:- bonds. Securities are issued pursuant with i c l e May 28, 1898, p. 1057.
Section 205, Chapter 182, Laws of 1893, as amended by Chap
Reading, Muss.— Bids.—Following are the bids received
ter 490, Laws of 1894, as amended by Chapter 514. Local for the $T 000 47 water bonds:
Rlodget, Merritt &Co.. Boiboa.109*6* ! W .1 Hayes &Son». Cleveland. 10S
. .
*702
Laws - f 1890. Bonds are in denomination of §1,090, dated
Co., Boston........ Ui'.V Blake Bros.
.Toly 1, 1898. Interest will be payable semi annually at the Kstaorook &>\.Boston............. 100 5,j8 1Jose. Parker&Co., Boston .. .108*41
It. b. Day & C
58
& Co., Boston..♦ ...IOS’ 126
100*45
office of the City Treasurer. Principal will mature $10,000 Geo, A, Fern aid & Co., Boston...t05)‘2i I W, Holman Cary........................106*16
Frederick Bincroft ........ .,...i08T0
yearly on July l", from 1044 to 1046 inclusive. A certified Parkinson &Burr, Boston ...
Adami &Co.. Boston............108 81 I
check for § 1,000 m ast accompany proposals.
Bands mature J uue, 1933. As stated last week, they were
Mon at Verson (Ohio) School District.—Bond Sate.-On awarded to Blodget, Merritt & Co., Boston, at 109'68.
June 28. 1898, the §25 0 n) tL High Srinol bonds were awarded
Rockland, -Mass.—New Town Meeting Necessary to Author
to th
' o n a l B a n k of Monnt Vernon, Ohio, at 110 4 1 ize Loans.—At a town meeting held last month a majority
.
A bid Hi 110*396 was received from the New First National vote was cast in favor of a $4,500 loan for school house addi
Bank, Columbus. Giber bidders were Seasongood & Mayer, tions and for §4,00 I for a soldiers’ memorial library building.
Cincinnati: N, W. Harris & Co,, Chicago; Parson. Leach & Mr. J. 8, Gray, Town Treasurer, writes us thatupon examina
Co., c li.Mgo; Rudolph Kleybolte & Co., Cincinnati; Lirnp- tion it was afterwards discovered that there was not quite a
Br o .i , . Cleveland; W. J , Hayes & Sons, C.eveland; “ two-thirds vote of the voters present and voting,” for the
Danisoo, Prior & Co , Cleveland: Spiizir & C >, Toledo; latter loan and no count was made of the vote on the firstRodger.* & Sons, Chagrin Falls; Kuos County Savings Bank, named loan, and therefore it will be necessary to call a new
Mount Vernon, and Mason, Lewis & Co., Chicago. Bauds meeting to act on these loans.
mature 20 yea's from dat a of ijsu?. subject to call after 5
Roseilale (Kan.) School D istrict,—Bond Election.—An
>ear*f For further description of bonds see C hronicle June election will be held July 9, 1893, to vote on the question of
issuing $13,600 school building bonds.
Needham. Mass.
dhorized hy Stale LvjUlnture.—
St. George, Dorchester County, S. C.—Bonds Voted,—
The S :*»« L •gmlature has passed a b II unthoriziug the issu Proposals will be received s t any time for the $5,000 4% 10ance ol * ' '.o 0 1, additional w iter bonds. SscnritLs wlII year public-building bonds voted at the election held Ju n e
be issue 1 tn such amounts and at snob times as money may 22. 1898.
be required for the work.
Savannah ( Mo.) School D istrict .—B
onffdt Defeated.—The
Nen B ritain, Conn, City Meeting.—X meeting will be district recently voted against the issuance of §7,000 bonds
held shortly to vote on the questioi of issuing §50,00 I notes for a new school house for colored children.
for use of the water department.
Schuylkill County, P n.—Bids Rejected.—All bids were re
N is Haven. Conn.—Bonds Authorized.—The Board of Fi jected juue 30, 189<, for the $229,00) 4% registered coupon
n vrj. n ; - aathorizrd Comptroller B. E. Brown to issue §16.- bonds. Several bids of par vwre received for the entire issue,
1
b-.T] 1
but they were rejected owing to the County Taxpayers’
Newport News, Va,—Bonds Authorized-—The Common A-isocia ion bringing suit to restrain theoffiiials from issuing
Council has passed an ordinance providing for the issuance th eb mds. It is stated th at owing to the many novel points
of §40,009 bonds for the city’s share of the coat of erecting raised that it is not probable that the suit will be decided
overii-ad bridges at the intersection of 35th and 84th streets. before next year.
New Vnrfe City. Temporary /^oaa.—Press reports state
Sheffield, Mass.—Loan Authorized.—At a special town
that Mrs. Hetty Green has loaned the city §1,000,090 at 2 meeting held June 23, 1893, the Salectmen were authorized
%
interest This loan was made on revenue bonds, of which to borrow $1,5 0 to pay an outstanding nots now due.
tioa bM occurred
partm ent to day.
THE CHRONICLE.
J uly 2 , 1898.J
Sioux City (Iow a) Independent School D istrict.—B id —
The highest bid received June 8. 1898, for $60,009 bonds was
th at of Farson, Leach & Co., Chicago, at 1U0'045 for 4>£ per
cents.
Somerville, Mass.—Temporary Loan.—The city has nego
tiated a
months loan of $200,000 with Estabroob & Co.,
Boston, at 3'05# and $3 premium.
Sonoma County (Cal.) G rant School D istriet .—Bond
Sale.—On June 1, 1896, $1,100 6i school b mds of this District
were awarded to the National Btnk of Santa Rosa at 103'2082 Other bidders were the Oakland Bank for Savings,
$1,117 00; Elsvin Reynolds, $1,133 11; M. B Richardson
$1,126 12 and A. B. Ware $1,113 20. Securities are gold
coupon beads in denomination of $100, dated June 1 1896.
Interest will be payable annually on June 1, at the office of
the County Treasurer, at Santa R >sa. Principal will mature
$300 each year for ftve years and $100 the sixth year from
date of issue.
South Bethlehem, P a .—Bond Election.—An election will
be held July 2«, 1896, to vote on the question of issuing §100,000 1%sewer bonds. The election was originally fixed for
June 7, 1898, but as stated in the C hronicle May 23, 1896,
the ordinance was reconsidered.
Springfield, Mass.— Ronds Authorize I.—On Jane 27, 1898,
the city government voted to isuie $90,000 school-bonds, $24,000 fire engine-house bonds, $8,000 street-improvement bonds
and $8,000 hospital bonds. The $90,000 school-house binds
will bear
interest payable in gold and will mature $4,500
yearly from 1839 to 1918 inclusive. The $40,000 bonds for
other purposes will bear 3%£, payable in gold, and will
mature $4,000 ye trly from 1891) to 1908, inclusive.
Stockton, N. .1,—Loms Authorized.—The Town Council
has authorized the Treasurer to renew two notes amounting
to $ 2,500 for four months.
Summit, P ike County, Miss.—Bond Offering.—Proposals
will again be received, this time until 7 p. m Ja iy 5, 1898, by
S. A. Matthews, Secretary, for the §15,000 6% water-works
bonds’ the sale of which was originally to take place May 3,
1898, then was postponed to June 7, when all bids were re
jected. Securities are in denomination of $100, with interest
payable annually at the office of the Town Treasurer. Prinipal will m ature as follows: $700 in five years, $700 in six
NEW
LOANS.
NEW
43
years, $800 in seven years, $800 in eight years and $1,000
yearly thereafter. Bonds are issued under authority of Sec
tions 3014, 3015 and 3017 of the Annotated Code of Mississippi
of 1893.
Syracuse, N. X —Temporary Loans.—The city has ne
gotiated a loan of $100,009, due in November, with
Dunscomb & Jenuison, New York, at 3'25£. The
city also negotiated a three months loan of $27,000 at
3'5i)#.
Treinont, 111.—Bonds Registered.—On June 27, 1893, the
State Auditor registered $5,5 )0 6# refunding bonds.
Turou (Kan.) School D istrict .—Bonds Proposed.—Peti
tions are being circulated to call a special election to vote on
the question of issuing $1,000 bonds to build an addition to
the school-house.
Tuscaloosa, Ala..—Temporary Loan.—A loan of $1,000 has
been authorized to meet current expenses. We are advised
that the loan will be negotiated with local banks.
Unadilla, Da.—Bond Offering.—Proposals will be received
until July 15, 1896, for $4,000 8% 10-20-year water-works
bonds.
Union Springs, Ala .—Bond Sale.—'The city has sold the
$10,000 electric-light bonds to Chicago investors.
Yernon School D istrict No. 7, Shiawassee County, Mich.
—Bids. -Following are the bids received June 22, 1898, for
the $3,500 ')%bonds :
......... $3,607 00 I Noel-Young B ind & Stock Co.,
T. B. Potter, Chicago
C.C itcher, Flushing, Mich ... 3,570 00 St. Louis................................ $3,52800
E. E. Walsworth. St.John...... 3,550 00 I N. VV. Harris 4 Co., Chicago... 3,518 00
Duke M. Farson. Cnieago ....... 3.54500 1 First National Bank, Flint__ 3,512 50
Chas. Temple, Grand Rapids.. 3,531 85 | W. J. Hayes & Sons, Cleve ... 3,501 00
As stated last week, bonds were awarded to T. B. Potter,
Chicago, at lOd'057.
Waltham, Mass.—Temporary Loan—The town has nego
tiated a six months’ loan of $59,030 with G-sorge Mixter, Bos
ton, at 3 06J. Following are the bids :
Geo. Mixter, Boston ................... 3*06£ I Rlodget, Merritt & Co., Boston__3*14£
Blake Bros. & Co.. Bo3ton.... ...3*ll£ E Igerly < Crocker, Boston..........3155C
fc
Curtis & Motley, Boston.............. S‘li% I Bond & Goodwin, Boston..............3*22%
Jose .Packer & Co.. Boston.........3*1.23$ Rogers, Newman & Tolman, Bost.3‘24^
Estabrook& Co., Boston............. 3*125$ |
W arren, Ohio.—Bond Sale.—Local pipers report the sale
of $34,030 piving bonds to the Limprecht Bro3. Co., Cleve
land, at 104'412.
IN V E S T M E N T S .
LOANS.
3 4 3 ,0 0 0
N O T IC E TO H O L D E R S O F
PUBLIC SECURITIES
Macouoin Countv, Illinois, City of Holly Springs, Miss,,
FUNDING BONDS.
To W hom it M a y C oncern :
You are hereby notified that on the first day of
July, At 6. I*©*, at hla o*flce in the City of Spring
field, Illinois, the Tre«sun»r of the State of Jllino'S
will pay the bonds of Macoupin County. Illin ois
(known as funding bonds of said county), herein
designated, selected and called, and that the inter
est will cease thereon from time of payment herein
specified.
Bonds of the following numbers and amounts—
viz.:
Numbers 520, 621, *23, 588. 539, 540. 641. 650. 551,
and numbers 555 to 674. both inclusive, all of the de
nomination of one hundred (ftOO) dollars each.
Bonds numbered 57. 68. 60 , n l.74. 90, 98, 1 0 \ 10a, 104,
105. 106, 110, 112. 113, 114, l2o. 126, 13l, 135, 13*. 137,
138. ISP. 140, 141. 14:*. 144, 158, 15l. 155, 157. 160, 177,
170. 1«0. lr l. 1-3.184. 229. 231, 232, 234, 251, 264. 277.
278, 283, 2£5, 288. 294. 301,3 7, 808. 809, from Ml9 to
826, bold inclusive. 328 to 622. both inclusive. 624 to
734, b »th Inclusive, all of the denomination of five
hundred ($500) dollars each.
Bonds numbered 121 and numbers 131 to 138, both
inclusive, 140 to 146, both inclusive. 1«8 to 1
both
inclusive, 233. 263 nod v*i9, numbers 277 to v9 ', both
luclusive, 303, 305. numbers 309 to 315. both Inclu
slve. 831,333, 33*, 311. and numbers 3.51 to 353. both
Inclusive, 801. 332,865, 391. 424. 425. 4irt, and num
bers 460 to 865. both inclusive, all being of the
denomination of one thousand ($1 ,0 0 0 ) dollar- each.
In testimony whereof the Board o f Supervisors in
and for said Macoupin Countv, in th i State ol Illln
ois. have cause this notice to lie issue 1 in the name
o f the County of Macoupin aforesaid and to be
signed bv the Cha'rmau o f said board and by the
County Clerk under tne seal of said countv.
Done at the City of Carltnville, Macouoin County.
Illinois, this 30th day c f December, A. D. 18-*7.
JOHN W. DALBY.
Chairman of the Board of Supervisors.
FHKDG. CELTJEV.
County Clerk a id ex o flcio Clerk of the Board of
Supervisors.
The above-described bonds may be collected with
out charge through the
MISSISSIPPI VALLEY TRUST CO.,
ttt. L o u is , .Ho.,
or through the banking house of
N. W. HARRIS & COMPANY,
•*t1 N a s s a u S t , N e w 1 o r k .
<17 .Milk h t ., B o sto n .
‘2 0 4 D e a rb o rn S t ., C h ic a g o .
Sealed bids will be received by the Mayor and
Board of Aldermen of the City of Holly Springs,
Mar.-hall County, Mississippi, up to 8 o’clock P. M.
of the?d day of August, 1898, at the Mayor’s office
in said city, for the purchase of $43,- 00 of 6 per cent.
Interest coupon bonds of said City of Holly Springs^
of the denominarion of $5'j0 each, and maturing no
later than 20 years from date of their issuance, in
terest payable semi annually. Said bonds issued for
the purpose of erecting water works and electriclight plant In said city and payable after five years at
the option of the said muuici ality. A ll bids should
be sealed and addressed to John Calhoon, Mayor of
said city, and shall be accompanied by certified
check for five per cent of the amount of purchasers
bid. as evidence of good faith of bidder. The Board
reserves the right to reject any and all bids.
JOHN CALHOON, Mayor.
G. C. Ca n n o n , Clerk.
S E A L E D B ID S A R E I N V I T E D B V T H E
n Board of Education ol North Plainfield, N. J.,
for $20,000 4r School Bonds on or before July 15th.
<
For terms and general information apply to
It. M. FOUNTAIN, Plainfield, New Jersey, or
H. A. McGEE, 26 Broadway, New York,
Chairman of Finance Committee.
NEW YORK.
PH ILADELPH IA,
-
1 NASSAU STREET.
411 CHESTNUT ST.
Farson,
BANKERS
DEALERS IN
IN V E ST M E N T BONDS,
Members of Boston Stock Exchange.'
No. 7 Congress and 31 State Streets,
BOSTON
H IG H -G R A D E
County—City— School
B O ND S
BOUGH T
MEMBERS OF BOSTON AND NEW YORK
STOCK EXCHANGES.
B R IG G S,
E.
BANKERS,
121 De von sh ir e S t r e e t ,
BOSTON.
AND
SM IT H
SO LD .
&
C O .,
3 5 E a s t T h ir d S tr e e t, - C in c in n a ti, O hio.
T
ro w brid g e
M
MUNI CI PA L B O ND S .
C. S T A N W O O D
Co.-
NEW Y O R K
3 5 N a ssau Si.
ADAMS & COMPANY,
L IS T S S E N T U P O N A P P L IC A T IO N
40 W a te r S t r e e t , B o -to n ,
1 B ro a d S tr e e t, N e w Y o r k .
Leach & Co.
C H IC A G O ,
lOO D e a r b o r n S t .
New York Savings Banks
and Trustees.
CITY OF BAYONNE, N, J.,
E D W A R D C. JONES CO.
LISTS MAILED ON APPLICATION.
FOR
$ 100,000
Due March 1 , 1918,
And other High Grade Securities.
S A V I N G S BANK AND T R U S T
FUNDS.
Investment Bonds
R. L. DAY & CO.,
S C H O O L BONDS,
SUITABLE FOR
67 C O U P O N B O N D S .
a c
,
Donald
&. N i v e r C
*
o
., >
MUNICIPAL BONDS,
1st Nat. Bank Bldg., ■ • CHICAGO
THE CHRONICLE.
14
W u M lf t o n (B orou g h ), Pa,—Bond Sale, —Oa June 27,
1898. the Town Council »w*rded #00.000 I . paviug bonds to
E. IL Gay & Co., Philadelphia, at 10®*53o9. Following are
the bids:
K It. « i» r * tV . I’Uiia
fai.M # M I tK>M«.o. I*rl.ir 4 Co . Clove..anO.O-71:>
i N W.
\ iY>.. N. Y.
. "■
dl2 - g
: •.(.'• .v i • .''ist. 11
« • 1 M**rc;Util!i-Tr.
.»
.I’iUsluMv. r."
JJoyiiwa .V M - rr, Pi?t.*hu«*g. , ».S >00 j EdK#M 1‘. JOUW Co., N. V ... 00,240 00
l'v., Clt*ve..
70 |
Seeuritb ■ are coupon bonds in denomination of $500,
<
dated July 1, 1398. luterust w ill be payable on October 1
and April 1. and the principal w ill m ature on October 1 a3
follow s. #1,50 i in 1908, $15,000 in 1909, $15,000 in 10:0, $15,MO in 1911 and $18,Q O in 1913.
U
W hite P la in s (N . ¥ .) l ulon Free School D istr ic t No, 1.—
Bond Offering.—The D istrict w ill sell at public auction at
10:30 a . a ., July 9, 1898 (postponed from Ju ly 2, 1898),
$35,tX10 b<,nds. Nineteen bonds are in denomination of
$1,( 00 each, and mature one bond each January 1 from
1900 to 1918, inclusive. E ight bonds w ill be in denomiua
tion of #8,000, and w ill m ature one bond each January 1
from 1919 to 1626, inclusive. Bonds w ill not be sold below
par and the award w ill be based upon the rate of interest
offered. A deposit of 5< of the purchase price w ill be re
quired of the successful bidder. Charles H. Chambers is
the Cleric of the Board of Education.
W inchester, Mass. —Bids ,—Follow ing are the bids received
June 20, 18VS, for the $38,000 i% water bonds and $14,000 4
t%
highw ay bonds, the award of w hich was given last week:
,000 Irish
*33,000
W a i t r TUis.
Bk-dgvt M erritt X. C<».. B oston................. ................ ................10-
AOnrn* A C\v, B o v o n ........................................................
w u u B (U .
1 !1 ’2L
U. L. 1J.|V V Co.. 11 ‘h t o n .......................................
Ul-00
Geo. A. iV tn .ld A Co., B oston.................................
11103
..........................................H i *03
102‘d“6
Rudolph K lw holte A Go*. Now York..................... ,..*.,......110*97
iO‘ >9
2
r« r!m 8- n .k B urr, Boston .................................. ............. — 11’ ‘89
103*08
Blake B r,... A Co.. B oston........... ..............................................110 68
102*81
E H K l i m - A .'*'118. B olt .n ........... ....................................... 110*&62
108*13
Third National Bunk. B o s to n ................... ................................109*73
lOLUO
N. W. H *rrls ,t Co., B o sto n ................ .......................... .......109*27
H arry l). McDowtOI.Boston.............. ........................................108*337
30* 007
.................................
302 ^25
E. H. Gut A Co., Boston, bid 107*89 ivnd Verrailye Sc Co., Boston, 107*91 fo r
the en tire kssiev The bid of K H. Rollins stipulated th a t all the bonds sho'ild
!.
be in denom ination o f ♦1.090. while th e highway bonds were to be * ‘00 each,
hffnre mey wore aw arded t *th e n ex t bidder. T he w ater bonds m ature $ 1,090
? early -,n jnn«* 1 from 1*20 to 1928. inclusive. The highway bonds m ature $5 £*0u Ix-oeruber 1.
$2,000 D ecem ber 1,1903, and *7,000 December 1,1901.
F or fu rth e r description of bonds see Ch r o n ic le J u n e 18, ISD*, p. 12 Ul
W orcester Comity, Mass.—Bids Rejected.--'The County
Commissioners have rejected all proposals received June 31
1898. for the $420,000 loan. A list of the bids was given last
week.
Loan.—'T he County Commissioners have negotiated a loan
of $80,000 w ith the Home Savings Bank, Boston. N otes bear
311■ interest, payable sem i-annually, and the principal m a
v
tures $15,000 in 1899 and $15,000 in i900.
Yale. M ich.—So,id Offering.— Proposals w ill be received
until July 15, 1898, bv B. R. Noble, Secretary, for $14,000
41^7 water-works bonds aud $6,000 4 % electrij-ligh t bonds.
%
Bonds w ill bear date A ugust 1, 1898. Interest w ill be pay
able sem i-annually, and the principal w ill mature $1,000
yearly on A ugust 1, from 1908 to 1922, inclusive. Yale has n o
bonded indebtedness at present. The assessed valuation ie
$192,000, about two-fifths actual value.
Yonkers, N. Y.— Bond Safe.—On June 29, 1898, the $86,000
•1-f assessment bonds were awarded to the Yonkers S avin gs
Bank at 101'39. F ollow ing are the bids :
Yonkers Savings Bank......... .. .101*39 | L. W. Morrison, New York....... 100*7?
>
Allen and Sand, New York...... 101*27 | It. B. Smith &Co., New York__ 100*09
Estabr mk &C-., Boston............101*27 Blake Bros. &Co., New York___ 100*64
N. W Harris S «'o„ New York,. 103*09 >Wesrchesier Trust Co,..,........,.100*60
.
c
Benwell S Kvoritt, Now York. .101*09 I People’s Sav. Bauk, Yonkers....100*251
c
Parson, Leach A Co., New York.101*00 Citizens’ Nat, Bank. Yonkers. ..100*00
Street, Wykes &Co., New York. 100*775 |
Bonds matnre February 1, 1971. For further description
of bonds see Chronicle last week, p. 1249.
Y oungstow n. Ohio .—Bond Sale.—Oa June 27, 1893, th e
$3,275 5£ Market Street sewer bonds and $650 5;S Columbia
Street grading bonds were awarded to the Firemen’s P en
sion Fund Trustees of Y oungstow n at 105 857 and 102-307,
respectively. F ollow in g are the bids.
102*09
$8,275 Starket St. $150 Columbia
102*-8
„. 10.h*03 , _ , „ a _
Sewer B > n St. Grad. Bds,
nd .
tirenien's Pension Fund. Youngstown.................... $8#59
67 $66500
w .j Haves &Sons, Cleveland ...
8,782 o >
......
Rudolph Kleybolte &Co., Cincinnati.. ...............
s.744
19 65660
Spitzer &Co., Toledo............... .................... ....... 8,724 33
.......
Season«ood « Mayer, Cincinnati.........................
&
8.734 40
65650
S. A. Koan, Chicago.....................................
8,713 58 C 50
56
Denison. Prior sc Co.. Cleveland ......................
*.701
00 65300
New First National Bank. Colnmbus.....................
8,700
O 65055
n
Atlas National Bank, Cincinnati ..........
.... . 8.650 00
662 00
Mahoning Nutional Bank, Youngstown ............
8,60100
05700
Tire sewer bonds mature $175 Oct. 1, 1899, aud §900 yearly
on Oct. 1 from 1900 to 1903. The grading bonds m ature year
ly on Oct. 1, $200 in 1899 and 1900 and $250 in 1901. For fu r
ther description of bonds see C hronicle June 4, 1893, p. 1106.
__IN V E S T M E N T S ____
____ N E W LO A N S.
Clearfleld < Mahoning I1R. 1st (is, 1943
&
Staten Island Ry. Ist4}£s, 1943.
Heretord Ry. 1st 4s, 1930.
Detroit Railway 1st 5s. 1924.
DenTer, Col., fis, 1915.
Topeka, Kan., as, 1912.
Berkley, Vo., 6s, 1928.
Douglas Co., Ga„ (is, 1913-1918.
PRICES ON APPLICATION.
C. H. W H I T E
|Yul. LX II.
V
CO.
&
IN V E S T M E N T S .
W h a n n & Schlesinger,
LOANS NEGOTIATED 7 AND 8%
on Georgia and Alabama Real Estate,
BA NK ER S,
71 BROADWAY,
■ NEW YORE,
W . Ham p ton W ad e,
OFFER FOR SA LE:
N e w Y o r k C i t y .........................
-i%
B o s to n ..............................— ..................................
F a l l R i v e r ........ ..............
4*
M i l w a u k e e . . .. .. ............. ........... .......... .
5*
C in c in n a ti........................
........................ 7 9*14**
Q u e e n s C o u n t y ........... ...............
4£
U o r n e il* * f il e ............................................. . . ..ti*
M A S O N ,
LEW IS
Sc
O FFER FOR S A L E :
3 1 N A S S A U S T .. N E W Y O R K .
G over nm ent a n d
Municipal Bondi
B O U G H T AND SOLD.
APPKAlSEM ltNTS MAD8 OR QUOTATION.
FURNISHED FOR THE PURCHASE. SALK m
EACUANGB OF AliOVB SECURITIES.
I.IHTM ON A P P L I C A T I O N .
N. W . H A R R I S & CO..
BANKERS,
3 1 MAMMA 17 * T . f B n nU of C o m m e r o e 'B N h . ) I
C o rp o ra tio n L a w a S p e c ia lty ,
$ 1 7 5 , 0 0 0
BANKERS,
1 7 1 E tt S a l l e S t r e e t , C h ic a g o ,
S t a l e o l M a s H a c lm s e t tM ......................................
E aM icbester, N, Y __... ............................. ..4 s
C l a H i o n l n i r y , U o n n .......................................— 4 »
S i o w e , V t—
.................................................. 4 *
R e n o C o u n t y , K a u n a s ........................................ 4 ^ »
hnke Connty. Iud........................ ......... ...5#
Los Angeles Tiaction Co,
l o t M o rtg a g e
2
‘ 0 - y e a r G o ld B o n d * .
T otal issue $250,000.
F irst M ortgage a t $34,000 per mile.
Net earninga fo r 28 m onths of pp« ration, $69,0i6
equivalent to 12£ on the total issue o f bond*.
Population o f Los Angeles 103,079.
Send fo r full description of property.
M o r n e u c e , I I I . . . ...................................................... 5 »
And O ther Desirable Securities.
E.
G OOD
IN V E ST M E N T S
N E T T IN G 5 T O S P E R C E N T .
H. R O L L IN S & S O N S ,
1 9 M ilk S t r e e t , B o s to n , M a s s .
William E. Nichols,
V V aaliin& ton W a r r a n t s , B o n d s a n d S e c u r i
tie * o f a l l k i n d s B o u g h t a n d » o ld .
15 W A L L S T R E E T ,
CALVI N PHIL'PS,
MUNICIPAL
SOT-S-0 CALIFORNIA BUILDING,
TACOM A,
-
W A S H IN G T O N .
M. A. Devitt & Co., Blodget, Merritt & Co.,
BANK ERS,
16 C o n g r e s s
S treet,
C H I C A G O._________
''M U N IC IP A L
BO ND S.
Securities Netting rrom
to r.t
A LW AYS ON HAND.
S end fo r o a r ln v e ?r.m en t C irc u lar.
DUKE M. PARSON, Banker,
M u n icip al B onds.
1 H’Z D e a r b o r n s i r e n
C H IC A G O .
NEW Y O R K
W A R R A N T S .
TO
BUY
OLD
IS S U E S
TEXAS
C O U N T Y AND C I T Y
B O N D S
ROSENBERGER & LIVERMORE,
B oston.
NUMBER
F l r .t N a tio n a l B a n k R u lld ln -;
___
-
REND FOR LISTS
W ANT
M U N IC IP A L BONDS.
G E O R G IA .
Nine years nraetiee in A labam a.
S ir years in Georgia.
C O .,
(i7 M i l k S t r e e t , B o s to n ,
BANKERS,
A T T O R N E Y -A T -L A W .
S A Y A M A II,
STATE, CITY & RAILROAD BONDS
W. J. Hayes & Sons,
FORTY
WALL
S T ., N . Y ,
WARRANTS.
C arefully selected. H igh-grade State, C ounty, City
arid Public School lauues, m aturing in 6 to 24 m onth*
and earning 5 to 8 per cent o u r specialty.
R O B T . E . S T R A H O R N <fc C O „
(Can If h h l « B u i l d i n g .
U n u to n , H l a i l ,
BANKERS)
DEALERS IN MUNICIP AL BONDS,
Street Railway Bonds, and other blah-irrade :n»
rental entiL
808TO N , MASS..
C le v e la n d , O h io ,
7 Bxch&DKe Place.
3 1 1 - 3 1 3 S u p e r i o r S t,
Cable Addreu. “K E N N E T H ."
Bank and T rust C o m p a n y S to ck s
W »-v Y o r k a n d B r o o k l y n
BOUGHT AND BOLD
O L I N T r N G IL B E R T
3
W A L L S V ..
MEW
V IIA K .
@FedFRASER