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REPRESENTING TH E IN D U STR IA L AND COMMERCIAL INTERESTS OF TH E U N IT E D STATES. [E n te re d acco rd ing to A ct of Congress, In th e y e a r 1894, by th e Willia m B. D ana C om pany , In th e office o f th e L ib ra ria n of Congress.] VOL. 59. SATURDAY, JULY 2 1 ,1 8 9 4 NO. 1517. Week Ending July 14. 3 p te © I tr o w ic lc . 1894. $ 448,776,721 New York....................... Bale* of— Terms of Subscription—Payable In Advance: (Stock*........... shares.) (731,301) (Grain........... bushel*.) (21,161,500) F o r O ne Y e a r............................. ................................................ $10 00 F o r S ix M o n th s............................................................ ............. 6 00 Boston.......................... 83,832 828 E u ro p e a n S ubscription (including p o sta g e )....................... 12 00 Providence.................... 4.732.800 E u ro p ean S u b scrip tio n Six M onths (including p o sta g e ). 7 00 Hartford.............. . 2,776 032 A n n u al S u b scrip tio n in L ondon (including p o sta g e )— A 2 10s. New Haven................. 1,775,259 S ix M ob. do. do. do. . ..A l l O s . Springfield.............. . 1.283.056 1,329,412 T h e I nvestors ’ S u ppl e m e n t of 160 p ag e s is Issued ev ery o th e r Worcester................... P ortlan d ................... 1,295,781 m o n th , o n th e la s t S a tu rd a y s of J a n u a ry , M aroh, M ay, J u ly , S eptem ber Fall River.................... 772,019 a n d N ovem ber, a n d fu rn ish ed w ith o u t e x tr a ch arg e to a ll su b scrib ers Lowell.......................... 672.0W7 o f th e Ch r o n ic l e fo r six m o nths o r longer. New Bedford............... 445,623 T he State and Cit y S u ppl e m e n t of 184 p ag es is also g iv en to ev ery Total New England. 98,914,907 yea rly su b scrib er of th e Ch r o n ic l e . :£ 58,438.327 F ile co v ers a re sold a t 50 c e n ts each, a n d to new su b scrib ers fo r a Philadelphia.... 13.SwO.556 e a r one file co v er is s u p p lied w ith o u t c h a r g e ; p o sta g e on th e sa m e is Pittsburg.......... 18,509.898 Baltimore......... 8 cen ts. 4.451.125 Buffalo.. . . . . . . . . 1,818 273 Washington.... Terms of Advertising—(Per inch space). 1,408,617 Rochester......... $3 50 T hree M onths (13 tim e s). .$25 00 Syracuse........... O n e tim e ....................... . 814,878 (26 “ ) .. 43 00 Wilmington..... 807,481 O ne M onth (4 tim e s).. 11 00 Six M onths 388,700 T w o M onths (8 “ )-. 18 00 T w elve M onths (52 M ).- 58 00 Binghamton.... 659.960 Scranton*........ (The ab o v e te rm s fo r one m o n th an d u p w ard a re f o r sta n d in g cards.) 97,647.855 Total Middle. London Agents: 72 350,148 Chicago............... .......... M essrs. E d w a r d s & Sm it h , 1 D ra p e rs’ G ard en s, E . C., w ill ta k e sub Cincinnati...................... 15,108,000 4,267,914 sc rip tio n s a n d ad v e rtise m e n ts, a n d su p p ly sin g le copies of th e p a p e r Milwaukee..................... 5.518.616 Detroit............................ at I s . each. 5.158.280 Cleveland....................... W IL L IA M B . DANA COMPANY., P u b lish e r s, 3.33W.600 Columbus....................... 2,342 775 Peoria........... ............. P in e Street, N. IV. Corner o f P ea r l Street, 1,365,814 Indianapolis................... P ost Of f ic e B ox 958. NEW Y O R K , Grand Rapids.... ;......... 803,024 501.219 L exington.................... 2oO,180 Saginaw.......................... 321,689 Akron............................. 248,149 CLEARING HOUSE RETURNS. Bay City......................... 143,211 8pringfleld, .................... 156,618 The following table, made up by telegraph, etc., Indicates Canton........................... 111,915,276 Total Middle Western, ( that the total bank clearings of all the clearing houses of the United States for the week ending to-day, July 21, have been $810,860,653, against $852,934,628 last week and $955,055,730 the corresponding week of last year. Week Ending July 21. Cl e a r in g s . Returns by Telegraph. 1894. 1893. Per Gent. $460 272,450 70.301 654 58,603,962 11,611,013 67,195,320 15,640,071 5,658,155 -23-9 - 9*1 -14-1 - 4*6 New O rlean s.................... ...... $350,275,101 63,937,252 48,629,817 11,075,988 61,266,239 16,263,911 5,176,300 Seven cities, 5 days Other cities, 5 d a y s ........... $556,624,408 117,598,763 $687,282,625 114,476,294 -19-0 + 2-7 Total all cities, 5 d ay s.... All cities, 1 d a y . . . . — .......... $674,223,171 136,637,482 $801,758.919 153,298,811 -15-9 -10-9 Total all cities fo r w eek.. $810,860,653 $955,057,730 ___-15-1 - 8-8 + 4-0 - 8*5 The full details of clearings for the week covered by the above statement will be given next Saturday. We cannot, of course, furnish them to-day, bank clearings being made up by the various clearing houses at 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 night. We give below our usual detailed figures for the previous week, covering the returns for the period ending with Satur day noon, July 14, as well as the comparative totals in 1893. Compared with the preceding week, the aggregate exchanges show a decrease of twenty-five millions of dollars, the loss at New York being nearly twenty millions. Thirty-four of the cities record gains over the corresponding week of 18 3, but in the total for the whole country there is a decline of 13'8 per cent. The most important gains are at Fort Worth, 91*4 p ercent; Waco, 90 ; Peoria, 67 ; Memphis, 52"4; Lexington, 44 9 : Fremont, 38, arid Cincinnati, 34’5 per cent. The heavi est losses have been at Buffalo, 48*8 per cent and Seattle, 33*1 per cent. Week End'g July 7. 1893. P. Cent. * 661,019,267 —20-0 (413.716) (—18-2) (1.295.618) (-43-6) (10,291,700) (+106 6 (15.l41.750i (+114-2) —3*4 84,477.255 —10*4 86,819.229 4,819.900 —15-4 6 179 800 - 2 3 4 +1-8 3.018,568 2.726.122 —7-3 1,7*5.768 —005 2,033 584 - 1 2 7 1,558.3*6 1,487.854 —13-8 -5 -5 —9 3 1,191.179 —16-0 1,465.882 -3 6 1,370.020 1,343.480 -9-4 +81 71:4.890 686,406 —199 638,307 —24 0 . 752.217 - 1 0 6 375,663 —10 4 687,055 —17 2 —4-9 99,769,502 —10-6 104,060,013 65,241,983 64 262,709 —9 1 -6 -1 +62 14,077,973 +10-2 13,077,970 16 278.694 + 1 1 2 +8 8 14.253.870 4.056.577 —512 8.685.573 - 4 8 8 1,776.232 1.916,566 +2 4 +9-7 1,811,446 1,682.367 —16 3 +99 833,190 - 2 0 1 983.138 —151 935,¿73 —13 7 707,0.4 - 1 7 9 351.900 341,400 +13 9 +7-9 651.942 105,998,532 - 8 0 105,275,343 -6*0 77.329,476 83,876,681 —13 7 -9*1 11.231,900 + 3 4 5 13.551.900 + 2 1 5 5,340,347 - 2 0 1 3,520 435 —42 1 5.484,61? +0 6 5,663.600 -0 3 5,615 320 -8 1 4,913.954 -6 7 2,950,800 +13-2 2.915,600 -7-7 2.432.321 +51-3 1,402,500 + 6 7 0 1,665,>-10 —180 1,611,184 +18-5 825,000 920,589 —12 8 -2 8 335,113 +10‘4 345,946 +44-9 399'>92 —27-3 286,417 —22 2 -t9 2 294 698 232.187 —25-3 255,755 —3 0 136.979 —36-9 174,284 —17 8 136,238 —39-2 —11 158.3 i9 169 936 -4-1 120,116,763 —6 8 111,060,340 -6-7 San Francisco.. Portland........... Salt Lake City. Seattle.............. Tacoma............ Los Angeles.... Helena............. Spokane......... . Sioux Falls...... Fargo*.............. Total Pacific. Kansas City.................. Minneapolis.................. Omaha........................... St. Paul......................... Denver........................... Duluth.......................... St. Joseph..................... Sioux City..................... Des Moines...... ............ Lincoln......................... Wichita......................... Topeka............. ............ Fremont........................ Total Other Western. 9.821.421 941,833 937,277 431,098 462,336 723,605 540,743 209,808 127,204 98,661 14,195,325 13.062,443 1,269,774 791,420 644.111 509.094 58.>.757 688,844 260,865 139,726 —24 8 -2 5 8 + >8-i -33-1 -92 +24 0 —215 -1 9 6 —9-0 17,950,034 9.341,993 4,890.252 4.920.054 3,879,562 2,451,501 2.148.496 1,620,141 541.159 1.040,000 379,143 266.221 327.089 93,423 31,399,034 St. Louis............... New O rleans....... Louisville.............. Galveston............. Houston............... Richmond............. Savannah............. Memphis............... A tlanta............... Nashville............... Dallas................... . Norfolk.................. Waco...................... Fort Worth......... . Birmingham........ . Jacksonville......... Chattanooga........ Total Southern. 21.768,433 (A4 L6.725 7.128 68» 1,821.882 1.719,6±4 2.827.900 1.356.529 1.3 >6.968 972.476 363,683 815.103 983,140 514,178 715.00C 291,118 430.464 204,628 50,185,61« 21.421.338 6.235,623 6.09-.628 1.766.302 1.300,330 2,689,564 1.133.268 890.563 9ol,562 893,315 777,862 1.021,771 270,562 373.601 290,173 362,021 250.880 46,627,663 852 934,628 404,157,907 989,395,779 428,376,612 10,797.186 6,314,38( 1,423,307 602,211 11,592.879 6.205,632 1.349 87i 764 616 19,137,342 19,913,006 Total all.................. Outside New York. Montreal..........> Toronto............ H alifax............ Hamilton ...... Winnipeg.*........ TotalCanada. ♦Not included In totals. 1894. |P . Cent. » 468,561,950 -14-9 -2 4 '7 -4 8 3 +6-6 -40-9 -28-0 +59 9 —26 5 -1 6 0 -1 3 -20-9 7,822,293 776,444 913.6-.4 433.187 3 1 9o0 590,874 519 231 185,7 22 129.671 91,470 11,693,006 8.523.239 + 9 ’6 -9 0 5,37 2 082 5.701.591 —138 4.323,835 —21 8 3 268.729 -2 5 0 1,824.704 . +17-7 1.840.000 —119 532.621 +1-6 850,000 +22-1 491,406 —22‘8 501.642 —469 4-2 2 319.928 67.678 +88 0 33,623,507 -6-6 7.450,581 5,868,236 4,151,020 3,131,895 2.425.119 2,139,61 L 1.510 951 658,706 815,000 371,169 232,268 484.395 75,275 29.217,249 -3 -8 +6 2 -1 9 7 —34 6 —31-0 +617 —10 3 —103 -t-1‘2 +28-1 -41*9 +4*3 —251 -1 0 6 +16 + 5Ì 9 +16 9 -3 3 +4 8 -3 8 +90-0 +91 4 +0 3 +18-9 -1 8 4 +7 6 20.663.212 7.209.541 6.654.340 1.922.390 1.656 896 3.195.242 1,340,041 1,155,391 955,231 958,460 592.377 875,955 566,093 693,273 326,751 395,258 191.855 49.352,308 —V8 +9 4 +20 4 +1-2 -6 6 +96 +28'8 +11-0 -8 -9 -9 -1 —25-8 -8 8 +60-6 +51-7 —13 8 —67 877,929,698 40»,367,ol8 —1U4 -7 -1 9.511,494 6,694 778 1.379.150 761,329 -18-2 —37‘8 —21-7 —26-7 - 3 9 1 17,346,751 —256 +822 -t-9'2 +19 7 +52'4 -6 -9 +175 +5A 1 —21-2 -23-8 ,+yi +1»0 —39'1 +z-s 90 THE CHRONICLE. THE FINANCIAL SITUATION. Commercial and financial classes are still in suspense, awaiting final action on the tariff bill. The petition got ten up in Chicago on Wednesday and reported to have been signed generally by bankers and merchants, to be sent to the Senate and House, professing a disregard of the character of the decision, but urging a speedy disposal of the matter, forcibly illustrates the situation. So gen eral and intense is the need felt for a settlement, that former differences in desire as to the nature of the end reached have almost disappeared. Probably this is in large measure apparent not real, but it represents for the moment at least the eagerness of the longing to have the tariff contest out of the way and business relieved from its unsettling influence. We might call it a kind of desperate feeling, the growth in part of the industrial paralysis and in part of the delays which have occurred in the progress of the measure and in the depart ures made both in the House and Senate from the original tariff proposal. In the East, and to a large extent among commercial classes in the West, the addi tion of the income tax provisions has lost the bill no little favor. The change of sentiment that action has produced is not so much because of the taxes men will be called upon to pay (those who have large in comes cannot be distressed by the payment of taxes), but more because of the populistic advocacy and ten dency of the tax. The strikes and the Ooxey tramps have given the country all the experience in that line it cares to have in one year. The most important events of the week have been the report of a disagreement made to the Senate and House by the Conference Tariff Committee, the reap pointment on Thursday by the House of the same mem bers to represent that body in a new conference, with instructions to insist upon the main features of the bill it passed ; also the rather acrimonious discussion in the Senate yesterday. A letter written July 2 by President Cleveland to Mr. Wilson, Chairman of the Ways and Means Committee, with reference to the anticipated tariff legislation, was likewise made public by Mr. Wilson in the House on Thursday. Further consultations and efforts to patch up an agreement will consequently be in order^during the coming week. What the outcome is to be no one can divine. Taking human nature at its average we should say that some kind of a com promise will be reached and passed. Congress, it is hoped, will at least heed the refrain coming up from all parts of the country, that whatever be done be done quickly. Gold exports to Europe, although for the last three weeks they have been greatly reduced in amount, appear not to have stopped. Last week they were $600,000, but this week they reach the very considerable total of $3,300,000. This is an anamolous state of affairs and challenges the attention of all interested in the financial status of this country. Ask exchange brokers why they 'continue to send gold, they will answer that they have sold so many bills and have been able to buy only so many (naming a smaller amount than the sales), eaving a balance due the other side; and as the orders they have received are to remit, and as they cannot get bills, they must send gold. That answer would natur ally suggest further questions. Why at this late date should the demand for bills continue in excess of the supply, and why (inasmuch as the offer ings of cotton bills will be large wit hin six weeks and [VOL. l j x . will call for large remittances from Europe) should the order be to remit the balance rather than to put it out here? The reply any inquirer would receive to the latter question will explain the whole situation. Bank ers are requested to “ remit” because they can get l i t tle or nothing on satisfactory security for the money in New York. An illustration of the working of this condition is one of the incidents of this week. On Wednesday the rates for discount in London went up from ^ of 1 per cent to 11-16 of 1 per cent, and at Paris they advanced being quoted I f per cent on Wednesday, against I f per cent on Monday. Immediately after the advance exchange hardened here. Our con gested money market made a rise of 3-16 of 1 per cent in London and f in Paris an added and material in ducement for remittance. The unique character of the bill market and of this gold movement is brought out very clearly by looking at the latest trade figures. We have written on subse quent pages with reference to the foreign trade for the fiscal year which closed with June 30th. But the June figures issued this week by Mr. Ford of the Bureau of Statistics and the totals sine© January 1st are not given separately in that article. As the June returns and the six months^ results have a special interest this year, we have inserted them in a convenient form for com parison at the end of our remarks on foreign exchange. It will be noticed that from January 1 to July 1 the net exports of merchandise have been $68,616,000 in 1894, against a net import of $68,800,000 in 1893. If to these results we add the movement of gold and silver for the two years the total trade for the six months of 1894 leaves a net export balance of $147,281,000 in 1894, against a net export balance of $3,138,000 in 1893. The interesting fact is that this net export balance for the first six months of 1894 ($147,281,000) is the largest recorded in the first six months of any year since gold payments were resumed in 1879. Next in size to that in 1894 was the first half of the earliest year named (1879), when the balance was $122,680,216; the next largest was in 1892, when for the corresponding period the same figures were $87,643,669; and the next was $75,189,312 in 1881. Leaving out the current year (1894) and the other three years named (1892, 1881 and 1879), the average net export balance for the first six months of each year from 1879 has been only $18,744,052. That is to say, omitting the figures for the last six months, when the total net exports reached $147,281, 000, and omitting the three other years mentioned, the remaining twelve years of the period cited only show a net ^average export of $18,744,052. Now the im portant condition to note is that notwithstanding there was’on the first of J uly this phenomenal balance in our favor, we are to-day adding to it by the export of large amounts of gold. Even that though does not represent in full the remarkable character of this gold movement. It does, however, show that it is occurring not because of an actual dearth of bills but because of an enlarged demand for bills. Furthermore, there have^been of late a good many bills on the market be sides the spot bills which the recorded trade furnishes. There have been some loan bills put out in anticipation of covering with lower exchange when they mature; there have also been a small amount of bills put upon the market drawn against the delivery of cotton in Sep tember; again, bankers report bills out against railroad loans*and very good sales of railroad bonds for Euro pean account. What is the simple truth these facts J uly 31, 1894.] THE CHRONICLE. 91 The market for foreign exchange has been dull and prove ? They prove that we ought to be importing -gold, but the inflexible character of our currency is generally firm this week, the fluctuations in the rates for actual business being very slight. The market is -driving it from us. There is no change to note in the market for money indifferently supplied with bills, and offerings are on call* and bankers* balances continue to loan in any promptly absorbed, though this week there have been amount, whether great or small, at 1 per cent. Re some drafts classed as loan bills—long-sterling and newals are at 1 per cent; banks and trust companies sixty-day marks being drawn in the expecta •quote 1 to 1 | per cent. One feature of the market tion of covering at a profit later in the which slightly influences the tone for money on time is season, and the proceeds of these bills have the withdrawal by merchants of deposits which they been loaned at 2 per cent for four months. have kept with the trust companies for the small inter In addition there have been some grain and provision est they received. The time has now come when this bills against staples which have arrived since the rail money can be used in business, and it is being drawn out road blockade was raised at Chicago ; also a few drafts in considerable volume. As these deposits were com against railroad loans and stocks and bonds bought paratively large some of the trust companies are com for European investment; but these have not pelled to remain out of the market for time money, been large in the aggregate, and they have only though they have now completed their disbursements temporarily and partially supplied the market. The for interest and dividends. The large banks arS also demand has been a steady day-to day inquiry for out of the market, for they are now meeting remittance from bankers who adjust their business drafts from their Southern correspondents, and the at the close of each day with cables, thus transferring supply is therefore lessened, but at the same time the money which they cannot use to the best advan demand is only fair and principally confined to com tage here. On Monday the market was steady, mission houses and to bankers who are carrying lines though there was a slightly easier tone for of bonds which are awaiting a favorable m arket; cable transfers, and on Tuesday these bills moreover the short interest in stocks enables specula were somewhat freely offered, as it subsequently tive issues to be loaned at fair rates, so that the in appeared, against some portion of the $800,000 gold quiry for money is comparatively light. Rates are 1 which was engaged by Heidelbach, Ickelheimer & Co. per cent for thirty days, per cent for sixty days anti on the following day for shipment to Europe on Thurs 2 per cent for ninety days, 2-j per cent for four and 3 day. On Wednesday there was a firmer tone to the per cent for five to seven months on good Stock market with only slight changes in rates for actual Exchange collateral. Some money has been placed business, and on Thursday continental exchange was by foreign bankers at 2 per cent for four months, but higher while sterling was steady, and Lazard Freres this has been loaned on first-class collateral with a gold announced that they would ship $1,000,000 gold to the note. There are fewer buyers of commercial paper, Continent by Saturday's steamer, and later in the day the trust companies and many of the banks being out they decided to send another $1,000,000. Yesterday of the market, but there is still a good demand from Heidelbach, Ickelheimer & Co. also engaged $500,000 out of town and the offerings of paper are a little more for shipment to-day. It has been alleged that Austria liberal; names are still closely scrutinized. Rates are is again seeking to attract gold from New York. So -3 per eent for sixty to ninety day bills receivable, 3 to far as the consignments of this week are concerned, 3 i per cent for four months* commission house names, it is positively stated that the gold was shipped 3^ to 4 per cent for prime and to 5 per cent for because bills could not be obtained, and that the remittances were to cover bills which had recently good four to six months* single names. been sold over the counter and could not be covered About the only feature abroad this week has been with drafts because they were not obtainable in sufficient the slight fluctuations in the open market discount rates, which, though under other conditions of our volume. The following table shows the daily changes in the week. money market would be regarded as unimportant, are rates of exchange by leading drawers during Fri.. Mon., Tues-, W ed.. Tburs., Fri.. Ju ly 13. Ju ly 16. Ju ly 17. Ju ly 18. Ju ly 19. Ju ly 20, very closely watched by the foreign bankers, who see 87« 87« 87« 87« 87« d a y s.. 87« 89 89 89 89 89 in them opportunities to employ money which cannot Brown B ro s .... 5{ 60 Sight...... 89 88 88 88 88 88 (60 days.. 88 89 89 89 find employment here. The Bank of England mini Baring, 89 89 Magoun & Co. ( Sight...... 89 38 88 ' 88 88 88 (60 d a y s.. 88 Bank B ritish mum remains unchanged at 2 per cent, and this is the No. America.. I Sight...... 89 89 89. 89 89 89 88 88 88 88 88 (60 days.. 88 Bank of basis for fixing the rate at interior cities in Great M o ntreal...... i Sight...... 89 89 89 89 89 89 83 88 88 83 88 (60 days.. 88 Canadian Bank Britain and at the joint-stock banks in London. On of Commerce. ( Sight...... 89 89 89 89 89 89 88 88 88 88 88 (60 days.. 88 H eidelbach,Ick Monday sixty to ninety-day bank bills at Lon elheim er & Co 1 Sight...... 89 89 89 89 89 89 87« 87« 87« 87« 87« (60 days.. 87« don were reported at of 1 per cent, b u t! Lazard Freres... 1 S ight..... 89 89 89 89 89 89 88 88 88 88 88 by Wednesday they had advanced to 11-16 of 1 per M erchants’ Bk. (60 days.. 88 89 89 89 89 89 of C an ad a.... ( Sight...... 89 -cent, falling by Thursday to -§@f of 1 per cent, and The market closed strong on Friday at 4 87-§ to 4 88 being quoted on Friday at f@ f of one per cent. At for sixty day and 4 89 for sight. Rates for actual busi Paris the open market rate shows an advance of ness were 4 87^- to 4 87^- for long, 4 88J to 4 88-|- for being quoted at I f against I f per cent on Monday. At short, 4 88£ to 4 88f for cable transfers,#4 8 6 | to 4 87 Berlin the rate is down to I f per cent and at Frankfort for prime and 4 86 to 4 86£ for documentary commer it is also I f per cent, against I f per cent and I f per cial bills. The statement of our foreign trade for J une •cent at these centres last week. According to our and the half-year, referred to above, is as follows. special cable from London the Bank of England F o r e ig n T r a d e M o v e m e n t o f t h e U n it e d S t a t e s . In th e following tab le th re e ciphers (000) a re in all cases om itted. gained £8,251 bullion during the week, and held at --1893-94.-------------- , ------------- 1892-93.Excess Imports. the close of the week £38,514,598. Our correspondent U e r c b a n Exportis. Im ports. Excess. Exports. % $ « $ d in e . 186,157 204.378 -1 8 ,2 2 1 214,824 168.128 + 46,696 further advises us that the gain was due to the receipt July-S ept... 272.887 + 68,286 204.825 150,923 + 121,964 2 7 3 .U 1 O ct.-D ec.... 1*14.122 234,534 -4 0 ,4 1 2 ar.... ; 221,760 107,260 + 54,500 of the amount of the increase (£8,251) from the Jan.-M 77,014 —17,141 5M.873 60,087 +4,038 «4,125 April............ —7.000 75.955 68.955 56,813 +4,230 61.043 interior of Great Britain, there being no increase or JMu anye............ —4,248 69.695 65.447 51,625 +5,847 57,472 ........... 847,665 866,401 —18,738 «decrease from imports or exports. T o ta l....... 892,111 6 5 4 ,8 3 6 + 2 3 7 92 THE CHRONICLE. F G o ld . July-Sept.. Oct.-Dec... Jan.-M ar. . A pril.......... M ay........... J u n e .......... T o ta l. . . . /--------------- 1 8 9 3 -9 4 .Exports. Imports. -1892-93. -------- Excess. Exports. 2,560 3.498 8,509 11,724 27,407 23,341 54.201 -5 1 ,6 4 1 6,802 -3 ,3 0 4 3.938 +4,571 2,322 +9,402 4,283 +23,124 907 + 22.434 20.461 14,502 34,943 19,149 16.914 2,711 77,039 72,453 13.868 12.869 12,467 4,096 3,769 3,382 T o ta l. . . . 50,451 21,174 + 87,506 5,434 +8,434 3.268 +9,601 2,427 + 10,040 607 +3,489 775 +2,994 772 +2,610 9.066 12,118 10,136 2,333 3.066 4,016 5,580 8,041 5.308 906 1,772 1,586 +3,488 +4,077 +4,828 +1.427 +1,294 +2,430 40,737 23,193 + 17,544 13,283 + 3 7 ,1 6 8 — Excess of im ports. M e r c h a n d is e . 1894. 1893. 1892. 1891. 1890. 1889. Cold. Excess E x Exports. Imports. of ports. Exports * 404,400 388,397 479,153 419,384 392,406 361,684 $ 335,784 457,197 4 3 1 ,728 432,646 411,127 392.339 2,179 +18,282 7.236 +7.266 8.237 + 26,706 804 +18,345 1,708 + 15.206 1,010 +1.701 108,680 + Excess o f exports. S ix Mos. Excès +4,586 S ilv e r. July-Sept.. Oct.-Dec... Jan.-M ar... A p ril......... M ay........... J u n e . .. .. .. Imports. $ 68,616 *68,800 47,425 *13,262 *18,721 *30,655 Si l v e r . Im Excess Im Excess E x of ports. ports. ports. Of E j Exports port» t * * « $ $ 70,981 11,450 59,531 23,714 4,580 19,134 73,718 11,769 61,959 19,552 9,573 9,979 41,569 8,036 33,533 14,790 8,105 6,685 70,460 3.306 67,154 9,672 6,843 3,329 8,160 5,303 2,857 13,621 10,742 2,879 41,820 4,365 37,465 19,442 8,929 10,513 * E x c e ss of im p o rts. The foregoing figures are commented upon in the earlier part of this article. The statements of earnings for the weeks of July are interesting as showing the effects o f the paralysis of carrying operations by the railway strikes. Some of the roads which suffered most severely from the strikes never make weekly returns, and a few of the roads which ordinarily do make such returns— notably the St. Paul and the Wabash—are withholding the July results. Yet even with all these omissions our compilation on another page for the first week of the month, covering 67 roads, shows a decrease of over 30 per cent—actually per cent. The Chicago & East ern Illinois in that week earned only $8,244 the present year against $93,643 in the corresponding week last year; the Atchison with the St. Louis & San Francisco earned only $315,736 against $793,502 ; the Burlington Cedar Rapids & Northern $36,347 against $67,994; the Cleve land Cincinnati Chicago & St. Louis $149,460 against $259,666; the Evansville & Terre Haute $11,175 against $24,004; the Denver & Rio Grande $49,400 against $113,100; the Louisville New Albany & Chicago $23,736 against $74,501; the Rio Grande Western $19,150 against $40,150, &c. We think it a mistake for the roads accustomed to make regular reports to with hold their returns at the present juncture. We sup pose the Chicago & Eastern Illinois furnishes a fair type of the situation of most Chicago roads, and that company as already noted earned only $8,200 gross the present year in the first week, against $93,600 in the same week last year. Tne enormity of the losses and of the situation which produced them should be brought home to all classes of the popula tion, both as a lesson and a warning, and to the end that a repetition of such folly may be made impossible hereafter. The Northern Pacific does not now furnish weekly reports, but a statement in one of the public prints says that the earnings for the first two weeks of July in 1894 were only $24,647, against $787,825 in the corresponding two weeks of 1893. Our compilation of net earnings for the month of May is given on another page, and as was expected the loss is in exeess of that of any previous month, reach ing over 33 per cent. For the month of June there is at least one class of roids which ought to have good re turns, namely the anthracite coal roads. The state ment of anthracite coal production for the month of June has been issued, and it shows, what in deed was known before, that the anthracite companies f V o u L1X. took full advantage of the strike of the miners in the' bituminous regions. The output was increased nearly a million tons as compared with the same month last year, and reached over five million tons— actually 5,112,359 tons, which is said to be the largest amount mined for any single month in the history of the trade. All the different regions shared in the increase, the Wyoming region getting 605,233 tons of it, the Schuylkill region 315,546 tons, and theLehigh region 75,948 tons. Of course even with this increase during June, the output for the half-year is far behind that of the first six months of 1893, the falling off in the early months on account of the mild winter weather having been very heavy. In the followJng table we show stocks, production and consumption for three years. June. January 1 to June 30. A nthracite Coal. 1894. 1893. 1892. 1894. 1893. 1892. Stock beginning.. Tons. Tons. Tons. Tons. Tons. Tons. of period ........ 664,180 877,014 684,662 728,878 657,868 754,432 P ro d u c tio n ............ 5,112,358 4,115,632 3,821,807 19,151,338 21,022,853 19,379,727 T otal supply .. 5,776,538 4,992,646 4,506,469 19,880,216 21,680,721 20,134,159 St’k end of period 745,162 808,854 667,724 745,162 803,854 667,724 Disposed o f__ 5,031,376 4,183,792 3,838,745 19,135,054 20,871,867 19,466,435 Apparently therefore the companies disposed of 5,031,376 tons in June, 1894, against 4,183,792 tons in June, 1893, and 3,838,745 tons in June, 1892. The following gives the week’s movements of money to and from the interior by the New York banks. Week Ending Ju ly 20, 1894. Received by Shipped by N , Y . Banks• JV. Y . Banks. Net Interior Movement. C u rre n c y _______________________ 9-old ...1 _____________________ ... $4,941,000 $3,756,000 G ain.$l, 185,000 650,000 350,000 Gain. 300,000 T o ta l gold an d le g a l t e n d e r s .... $5,591,000 $4,106,000 G ain.$l,485,000 Result with Sub-Treasury operations and gold exports. Week Ending J u ly 20, 1894. In to Banks. Out of Banks. N et Change in B ank Holdings. B anks’in te rio r m ovem ent, as above $5,591,000 $4,106,000 G ain.$l,485,000 Sub-T reas. o p er a nd gold e x p o rts. 15,500,000 16,200,000 Loss. 700,000 T o tal gold a n d le g a lte n d e rs ....... $21,001,000 $20,306,000 Gain. $785,000 Amount of bullion in principal European banks. Ju ly 19, 1894. B ank of flngland.......... F rance........... G e rm a n y ..... A ust.-H ung’y Spain ............ N etherlands.. Nat. Belgium . Gold. Silver. £ 38,514,598 73,525,018 34,287,750 10,558,000 7,918,000 4,523,000 2,900,667 £ J u ly 20. 1893. Total. £ ...... ... 38,514,598 51,208,814 124,733,832 11,429,250s 45,717,000 16,401,000 26,959,000 9,219,000 17,137,000 6,936,000 11,459,000 1,450,333 4,351,000 Gold. Silver. Total. £ 29.534,575 68,711,000 30,319,500 10,402,o00 7,916,000 2,817,o00 2,894 637 £ £ 29,534,575 119,635,000 40,426,000 27,773,000 14,386,000 9,850,000 4,042,000 50,924,000 10,106,500 17,371,000 6,470,000 7,033,000 1,317,333 Tot. th is week 172,227,033 96,644,397 268,871,430 152.394,742 93,251,833 245,646,575 Tot. prev. w’k 171,176,717 96,036,137 267,212,854' 152,240,284 93,202,417 215,442,701 FEATURES OF OUR FOREIGN COMMERCE. If the fiscal year ending June 30 was a remarkabl e one in other matters, it was no less so in our foreign trade. In fact in some respects it was more so. Of course it was hardly possible that our internal trade could be so deeply and widely prostrated as it has been without the foreiga trade also being adversely affected, and very seriously too. As it happens, there have been some special causes operative in our foreign trade which have intensified the ordinary influence of trade depression. The Bureau of Statistics, through its Chief, Mr. Worthington O. Ford, has issued this week with com mendable promptness preliminary figures showing the results of the foreign trade for the late year. These results furnish evidence all through of the prevalence of very exceptional conditions—of disturbed financial relations, of trade disorganized and disarranged, of JULY 21, 1894., THE CHRONICLE. » '1 ' — ■ ■■ ---- ■ ■...... .... values depreciated, of diminished buying and selling, of products marketed at a loss or only a bare margin of profit, of restricted consumption, and of general and widespread distress. The foremost fact which attracts our attention is that the value of the imports as compared with the vear preceding fell off in the very large sum of 2111million dollars. This decrease is figured not on the totals of the imports for last year as originally reported but on the totals as reduced after allowing for an over valuation of about 75 million dollars in the imports coming from countries having a depreciated currency and whose shipments had been stated in such depre ciated currency instead of in our own money. On the revised basis the imports for 1892-93 are $866,400,922 and from this there has been a drop to $654,835,873 in 1893-94, the decline thus having been almost 25 per cent. At 654 millions the total is the smallest of any year since 1885-86, when the imports amounted to 635 millions. There have of course been other years when for one reason or another the imports fell off, but in the magnitude of the decrease the late year stands without a parallel. The falling off has extended to practically the whole list of articles. In some cases thé contraction has been more decided than in others, but there are very few items which do not show some decrease. This sug gests a common influence, which is of course found in the great depression of trade which has existed. With numerous disasters, both in the mercantile and finan cial world, with the finances both of the country at large and of the United States Treasury unsettled, with industrial operations brought almost to a stand still, with large numbers of workingmen idle either through voluntary action or because of the depression in business, the consuming capacity of a large portion of the population was necessarily very greatly restricted, and,*as was to be expected, the effect on our import trade has been immediate and decided. To this influence there has been added another hardly lesâ potent or less controlling in its action. We refer to the proposed revision of our tariff laws by Congress in the direction of lower duties. This has been a fac tor^operative through pretty nearly the whole of the twelve months, so that while trade depression on the one hand has acted to reduce purchases of foreign goods, the tariff agitation has operated to reduce them still more, for with no immediate market for the goods no one would pay a high rate of duty when there was a prospect or a possibility of a lower rate. Aside from this consideration, however, the mere uncertainty re garding, the duties has in itself had the effect of dis turbing many interests both at home and abroad, and diminished the external and the internal trade alike. We find that the falling off in the imports of dutiable goods has been very much heavier both absolutely and proportionately than the falling off in the goods coming in free of duty. Whereas the value of the dutiable goods imported decreased from $421,856,711 in 1893 to $275,092,961 in 1894, or say 35 per cent, the value of the non-dutiable imports decreased only from $444,544,211 to $379,742,912, or less than 15 per cent. It deserves to be mentioned incidentally though that the imports of coffee, tea and sugar alike—all being on the free list, except that sugar above No. 16 in stan dard is taxed—increased in 1894, these being among the very few articles which show enlarged imports for the late year. The increase in the sugar imports is of course accounted for by the proposal to put a tariff 93 duty on that article, but the increase in coffee and tea can not be explained in that way. As an element in the great falling off in aggregate imports it should be remembered, too, that many of the goods from the other side are sent here by the foreign houses for sale on commission, and with trade bad and the existing tariff duties in doubt there has of course been very little inducement for the making of this kind of shipments. Another consideration affect ing the decline in import values, and of which sight appears to have been lost, is that prices have been quite generally lower. Trade has been prostrated not only in the United States but pretty nearly, all over the world. Likewise, prices have been low and unsatisfac tory—not only of our domestic products but of nearly every class of manufactures and merchandise. As far as values are concerned, therefore, there has been a loss not alone from the diminution in the quantities im ported but a further loss because of the lower price at which the shipments were made. Just what part this element of lower prices has played in diminishing import values cannot be determined, since for many items the returns show values alone and not quantities. Taking, however, the statement for the eleven months ending May 31 (the detailed exhibit for the twelve months has not yet been published), instances are not wanting where the decrease in values has been much greater than the decrease in quantities, and in a few cases the decrease in values is found to be en tirely due to reduced prices, the quantities imported having increased. The decrease from lower prices is of course different from the decrease arising from the other causes—it is not the result of wants deferred, which will have to be made good later on when business revives and the tariff uncertainties are removed. In the following we show the aggregates of both imports and exports for each year since 1880. VALUE OF IMPORTS AND EXPORTS OF MERCHANDISE FROM 1881 TO 1894 INCLUSIVE. Merchandise. Excess of Exports Total Im porti or Imports. and Exports. Year ending June 30. Exports. Im ports. 1881............... 1882............... 1883............... 1884............... 1885............... $ 902,377,348 750,542,257 823,839,402 740,513,609 742,189,755 8 642,664,628 724,639,574 728,180,914 667,697,693 577,527,329 $ E xp. 259,712,718 E x p . 25,902,683 E xp. 100,658,488 E xp . 72,815,916 E xp . 164,662,426 $ 1,545,041,974 1,475,181,831 1,547,020,316 1.408,211,308 1,319,717,084 T otal 5 years A verage....... 3,959,462,369 791,892,474 3,335,710,138 667,142,028 E xp. 623,752,231 E xp. 124,750,446 7,295,172,507 1,459,034,508 1886............... 1887............... 1888............... 1889............... 1890............... 679,524,830 716,183,211 695,954,507 742,401,375 857,828,684 635,436,136 692,319,768 723,957,114 745,131,652 789,310,409 E xp . E xp. Im p . Im p . E xp. 44,088,694 23,863,443 28,002,607 2,730,277 68,518,275 1,314,960,966 1,40S,502,979 1,419,911,621 1,487,533,027 1,647,139,093 T otal 5 years A verage...... 3,691,892,607 738,378,521 3,536,155,079 717,231,016 E xp . 105,737,528 E x p . 21,147,505 7,278,047,686 1,455,609,537 1891............... 1892.............. 1893............... 1894............... 884,480,810 1,030,278,148 847,865,194 898,111.280 844,916,196 827,402,462 866,400,922 654,835,873 E xp. 39,564,614 E x p . 202,875,686 Im p. 18,735,728 E xp. 237.275.407 1,729,397,006 1,857,680,610 1,714,066,116 1.546,947,153 From this it will be seen that while imports in the late year fell off 211£ million dollars, exports increased 44^ million dollars ; and this does not re flect the full measure of the increase which has oc curred, for, as in the case of the imports, prices have been lower, so that as compared with the preceding year more than the same quantity of products was required to yield an equal amount in value. The export total for 1893 4 stands at 892 million dollars, and has been exceeded but twice in our history, one of the excep tions being 1891-92, when the exports reached as much as 1,030 million dollars. But the latter was a really phenomenal year in our export trade, as has been frequently pointed out, and furthermore |V0L. L1X THE CHRONICLE. 94 namely in 1891-92 and in 1890-91. The apparent dis a considerable part of the decrease between crepancy is entirely due to the depreciation in price. In. that year and the late year is accounted for the late year the average export price per pound of cotton by the lower prices prevailing. Take for illustration was only 7*86 cents, as against 8*53 cents in 1892-93, the breadstuffs exports, which we review at length in j and about 10 cents in 1890-91 ; and if we went a few a subsequent article. The price received on the wheat years further back, we should find still higher averages. and flour shipments in 1893-4 was so much lower than the price received in 1891-2 that, as pointed out in In the following we show the cotton exports, as alsothat article, on the quantity sent out in the late year the petroleum exports, in quantity, for each year _____ _ this difference in price alone was equal to a loss of value since 1875. in the exports of over 45 million dollars ; and the decline in the price of corn has added several millions more to the amount. It will be desirable to see the part played by the leading staples—cotton, provisions, breadstuffs and petroleum—in the exports, so we present the fol lowing statement. EXPORTS OP LEADING STAPLES. Provisions Petroleum, Total Four Total all and D airy Exports. Staples. + Products $ ' $ * $ $ $ 1876............. 131.181.555 192.659,282 92,325,308 32,915,786 449,081,911 540,384,671 602,475,220 469,293,840 61,789,438 1877............. 117.808.473171.118,508 118,579,418 1878............. 181,777.841 180,031,484 124,845,137 46,574,974 533,229,436 694,865,766 1879............. 210,355,528 162,304,250 119,857,692 40,305,249 532,822,719 710,439,441 1880............. 288,036,835 211,535,905 132,488,201 36,218,625 668,279,563 835,638,658 1881............. 270,332,519 247,695,746 156,809,840 40,315,609 715,153,714 902,377,346 1882............. 182,670,528 199,812,644 122,020,530 51,232,706 555,736,408 750,542,257 1883............. 208,040,850 247,328,721 109,217,119 44,913,079 609,499,769 823,839,402 1884............ 162,544,715 197,015,204 114,353,788 47,103,248 521,016,955 740,513,609 1885............. 160,370,821 201,962,458 107,332,456 50,257.947 519,923,682 742,189,755 1886............. 125,846,558 205,085,642 90,625,216 50,199,844 471,757,260 679.524,330 1887............. 165,768,662 206.222,057 92,783,296 46,824,915 511,598,930 716,183,211 3888............. 127.191,687 223,016,760! 93,058,080 47,042,409 490,308,936 895,954,507 1889............. 123,876,661 237,775,270]l04,122,444 49,913,677 515,688,052 742.401,375 154,925,927 250,968,7921136,264,506 51,403,089 593,562,314 857,828,684 1890........ 1891............. 128,121,656 280,712,898]l39,017,471 52.026,734 609,878,759 884,480,810 1 8 9 2 ......... 299,383,117 258,461,241 140,362,159 44,805,992 742,992,509 1030278148 1893........ . . 200,312,654 188,771,445 138,401,591 42,142,058 569,627,748 847,665,194 1894*........... 166,463.079 210,8«2,774 145,097,281 1 41,437.935 ses.sei.^ea .892,111,280 Fiscal Year ending J u n e 80. Bread stuffs. Cotton Exports. Year ending June 30. 1879*........................................ . 1882 ............................................ Cotton. 1887.............................................. 1891 ............................... ............ 1894+............................................ * Includes bo th crude and la tte r oemg very sniau. t Figures fo r 1894 subject to Bales. Pounds. * Petroleum.. Gallons. 241,078,748 1,491,405,334 3,214,632 306,002,294 1,445,369,130 3,120,472 334,872,513 1,607,533,511 3,391,795 375,002,972 1,628,372,833 3,462,741 419,197,699' 1,822,061,114 3,811,153 394,412,402 2,190,928,772 4,549,743 556,239,228 1,739,975,961 3,694,706 499,786,266 2,288,075,062 4,626,808 i 508,362,969 1,862,572,530 3,884,233 568,106,520' 1,891,659,473 3,969,568 574,555,480 2,058,037,444 4,283,723 589,554,441 2,169,457,330 4,499,579 576,982,390 2,264,120,826 4.696,017 614,511,805, 2,384,816,669 4,872,060 661,845,6982,471,799,853 5,020,913 708,220,777 2,907,358,795 5,820,779 714,808,479 2,935,219,811 5,891,411 803,680.186 2,212,115,128 4,431,220 907,232,320! 2,682,756,052 5,397,477 refined, b u t n o t residuum , th e exports o i t h e ,, , , , slig h t corrections. Still another feature in the year’s exports remains to be noted. It will be observed by the table second above that while aggregate exports of all kinds in the late year increased 44^ million dollars, the exports of the four leading staples—breadstuffs, provisions, cotton and petroleum—taken together actually fell off about 5 f million dollars. It follows that there has been a * Figures fo r 1894 su b ject to slig h t corrections. _ + Including both crude and refined, and also residuum . The foregoing gives the figures back to 1876, but gain of no les 3 than 50 million dollars in the other confining the comparison to the last two years it is items of exports, the total for these other items having found that while the breadstuffs exports have decreased risen from 278 million dollars to 328 million dollars. from 200 million dollars to 166 millions, the cotton ex There has been an especially large gain in copper, of ports have increased from 188 millions to 210 millions which the exports for the 11 months of 1893—94 reached and the provisions and dairy exports from 138 millions $18,478,943 against $3,655,290 for the corresponding to 145 millions. In the petroleum exports there has period of 1892-93 ; but the increase of 50 millions been a small falling off, owing entirely, however, to a here shown is pretty well distributed over the list, and decrease in price, as the shipments exceeded those of comprises a wide variety of articles and commodities. the preceding year over 103|- million gallons. These The exports have in nearly all cases been made at low petroleum exports furnish a capital illustration figures, and it is easy to trace the influences which at once of the downward tendency of prices which has have been at work. With domestic trade depressed been in progress and of the effect this has had in and very little home demand for the goods, our pro diminishing the total of the export values. For the ducers and manufacturers have sought an outlet for last four years the values of the petroleum exports their wares and goods in the foreign markets. But in have been respectively as follows, beginning with the order to find purchasers they have had to accept very earliest year, namely 1890-91 : $52,026,734, $44,805,- low prices—in some cases the lowest ever made. The 992, $42,142,058, $41,437,935. On the other hand in copper which we shipped brought an average of less, the same four years the quantities shipped have been than ten cents a pound. We notice that our London correspondent this week respectively 708 million gallons, 714 million gallons, 803 millions, 907 millions. That is, while the quan in his weekly letter makes some remarks having a bear tity shipped has steadily and largely increased, aggre ing upon the prevailing low prices. Speaking of the gate values have as steadily declined on account of the increase in the imports into the United Kingdom dur ing June (the exports having fallen off), he says— “ The decrease in price. In the cotton exports, lower prices have also been a meaning of this is that foreign countries are obliged to potent influence in affecting values. In the late year send us immense quantities of goods in lieu of gold to the shipments were almost a million bales—inexact pay their interest obligations, and the expansion in im figures 966,257 bales—in excess of those of the previous ports is really another evidence of the absence of con year, in part because of the larger crop, in part fidence. Foreign countries would not send us larger because the European demand was greater, it having quantities of goods at the present extremely low prices been restricted the previous year by reason of the if they were not in great straits for money to pay their stoppage of the mills at Manchester on account of interest and other obligations.” This is not strictly labor troubles. Notwithstanding this heavy addition applicable to us, for we have shown our ability to to the quantity sent out, the value of the 1893 94 ship gold as well as goods. But there can be no doubt, shipments, as will be noticed, has been many times that the prostration of our industries as well as the exceeded in recent years. The volume of the 1893-4 necessities of traders and manufacturers have forced movement on the other hand has only twice been larger, us in many instances to dispose of our products at. J uly prices yielding little or no profit. A t the same time it should not be forgotten that the exigencies of compe tition remain equally controlling at such a juncture. Great Britain herself is obliged to sell her goods in competition with the rest of the world, and she must accept the same prices as other countries or go out of the field. The truth is, the existing depression in trade is world-wide, and so are the low prices; and whatever a country's necessities, all alike are subject to the conditions which for the time being happen to pre vail everywhere. Under the reduction in imports and the increase in exports the merchandise balance in favor of the United States for the late year has reached the large sum of 237 million dollars—an amount tvhich has rarely been exceeded in our history. The gold movement shows a smaller net total than was perhaps expected by many in view of the heavy outflow in recent months. Toe ex planation, however, is very simple. During the panic last year there had been a very large inflow of the metal, so that the imports for the six months to De cember 31 have very nearly offset the exports in the six months to June 30. However, there is a balance of about million dollars on the side of the exports. Of silver we exported 50^- million dollars gross and 37 million dollars net, being in both cases larger than in any preceding fiscal year—results which reflect the re peal of the silver-purchase law. Silver. Gold. Year ending J u n e 30 Exports. 1881.... 1883 ... 1883.... 1884.... 1885.... 1880.... 1887.... 1888.... 1889.... 1890.... 1891.... 1893..., 1893.... 1894. . $ 3,565,132 32,587,830 11,800,888 41,081,957 8,477,892 43,952,191 9,701,187 18,376,234 59,952,285 17.274,491 86,302,054 50,195,327 108,680,844 77,038,729 Im ports. Excess o f Im ports or Exports. $ $ 100,031,259 Im p. 97,466,127 34,377,054 Imp. 1,789,174 17,734,149 Im p . 0,133.261 22,831,317 E xp . 18,250,640 26,091,696 Im p. 18,213,804 20,743,349 Exp. 22,208,842 42,910,001 Imp. 33,209,414 43,934,317 Im p. 25,558,083 10,284,858 Exp. 49,607.427 12,943,312 Exp. 4,331,149 18,232,567 Exp. 68,130,087 49,699,454 Exp. 493,873 21,174,381 E xp. 87,500,463 72,4*73.060 E xp . 4.585,663 Exports. Imports. Excess of Exports. $ 16,841,715 16,829,599 20,219,445 20,051,426 83,753,033 29,511,219 26,296,504 28,037,949 30,089,248 31,873,929 22,590,988 32,810,559 40,737,319 50.451,043 I 10,544,238 8,095,336 10,755,242 14,594,945 10,550,027 17,850,307 17,260,191 15,403,669 18,678,215 21,032,984 18,020,880 19,955,088 23,193,252 13,282,605 $ 6,297,477 8,734,263 9,464,203 11,456,481 17,203,000 11,660,912 9,036,313 12,034,280 18,011,038 13,840,945 4,504,108 12.855,473 17,544,007 S1?,! 68,438 Combining the merchandise trade with the gold and silver movements, the excess of exports over imports for the late year reaches the enormous aggregate of 279 million dollars—a figure never previously attained. Nothing could indicate more strikingly how entirely out of the normal, conditions in the late year have been. was reported considerably short of the average, and some statisticians, it will perhaps be recalled, were very much concerned whether we would be able to spare much wheat to the outside world, even though we had very large available stocks left over from the exceptionally heavy productions of the* two years preceding. It is now found that the aggregate value of all breadstuffs shipments in 1893-4: was $166,463,079, against $200,312,654 in 1892-93. This is a decrease of a little less than 34 million dollars,, or 17 per cent, and is a closer approach between the two years than had been deemed likely in view of the reduced crop yield in 1893. When we go a step further in our analysis, however, we discover that »189293 had shown a very large decrease from the year pre ceding; hence when comparison is made with two years ago the change is very noteworthy. In brief, the breadstuffs exports amounted to $299,363,117 in 1891-92, to only $200,312,654 in 1892-93 and to but $166,463,079 in 1893-94. Here then we have a contraction in the two years of, roughly, 133 million dollars. Of course 1891-92 was in many respects an entirely exceptional year, and th e breadstuffs exports then reached simply phenomenal totals, the excellent harvests of 1891 having permitted and made possible such a result. But the decline from the amount for that year to the figure for the late year has been due not merely to a diminution of the quan tity shipped ; it has been quite as largely due to another factor, namely the decline in the price of the exports, as we shall presently show. In a word, the difference between the two years has followed as much from smaller prices as from smaller crops. And y et even with both influences operating to reduce the total, the aggregate value of the breadstuffs shipments in 1893-94 as contrasted with most of the years preced ing is, as already said, by no means low. For at $166,-* 463,079 the total compares with only $128,121,656 for 1890-91, with $154,925,927 for 1889-90, with $123,876,661 for 1888-89 and with $127,191,687 for 1887-88, VALUES OF EXPORTS. Fiscal Year ended June 30. Wheat. $ 1§74............... 101,421,459 1875............... 59,607,863 1876............... 68,382,899 1877............... 47,135,562 1878............... 90,872,016 1879............... 130,701,079 1880............... 190,546,305 1881............... 167,698,485 1882........... 112,929,718 1883............... 119,879,341 In the preceding article we have reviewed the country's,, 1884............... 75,026,678 72,933,097 foreign trade for the fiscal year ending June 30, 1894. 1885............... 1886............... 50,232,715 1887............... 90,713,481 The breadstuffs exports are deserving of separate con 1888............... 50,241,468 sideration, both because the changes in them during 1889............... 41,652,701 45,275,908 the last two years have been quite striking and because 1890............... 1891,............. 51,420,272 these breadstuffs exports always play a very important 1892............... 161,399,132 1893............... 93,534,970 part in affecting the results of the year's trade, they 1894*....... .. 59,421,' 85 OUR BREADSTUFFS EXPORTS. forming one of the largest single items. As far as the aggregate value of the breadstuffs exports is concerned, the year will stand neither as a par ticularly good one, nor as a particularly bad one. There have been years when the totals have been very much large,r. There have likewise been years when the totals have been much smaller. If the exhibit reveals any unexpected features, it is in showing better totals than had been looked for— at least when the year opened. It will be remembered that our cereal harvests in 1893 were not especially abundant. The wheat crop indeed 95 THE CHRONICLE. 21, 1894.] W heat Flour. Total W heat & Flour. $ $ 29,258,094 130,679,553 23,712,440 83,320,303 24,433,470 92,816,369 21,663,947 68,799,509 25,095,721 121,967,737 29,567,713 160,268,792 35,333,197 225,879,502 45,047,257 212,745,742 36,375,055 149,304,773 54,824,459 174,703,800 51,139,096 126,166,374 52,146,336 125,079,433 38,442,955 88,705,670 51,950,082 142,666,563 54,777,710 111,019,178 45,296,485 86,949,186 57,036,168 102,312,074 54,705,016 103,125,888 75,362,283 236,761.415 75,494,347 169,029,317 69,25-,773 12 a,680,758 Com. Tot. W heat Total all Corn & Flour. B r ’dstuffs. $ % $ 24,769,951 155,449,504 161,198,804 107,777,240 24,458,937 111,458,265 33,265,280 126,081,649 131,181,555 41,621,245 110,420,754 117,806,476 48,030,358 169,998,095 181,777,841 40,655,120 200,923,912 210,355,528 53,298,247 279,177,749 288,086,835 50,702,669 263,448,411 270,332,519 28,845,830 178,150,603 182,670,528 27,756,082 202,459,882 208,040,850 27,648,044 153,814,418 162,544,715 28,003,863 153,083,290 160,370,821 31,730,922 120,436,592 125,810,558 19,347,361 102,013,924 165,768,602 13,355,950 124,375,128 127,191,687 32*982,277 119,931,403 123,876,661 42,658,015 144,970,089 154,925,927 17,652,687 123,778,575 128,121,656 41,590,460 278,351,875 299,363,117 24,587,511 193,616,828 200,312,654 30,119,385 ■58,800,143 166,403.079 * F ig u re s fo r 1894 su b je ct to slig h t c o rre ctio n s. Considering now the quantities shipped and the prices received for the same, wheat attracts chief attention, because it forms the principal item in the breadstuffs shipments. It will no doubt be a surprise to many per sons to be told, in view of the supposed great shortage in the crop yield last season, that we sent out in the twelve months actually over 164 million bushels—either of wheat itself or of wheat in the shape of flour; and even after these heavy shipments, visible stocks of wheat are still large. But it is generally admitted now that S 96 THE CHRONICLE [VOL. LIX. th e Agricultural Bureau’s estimate of 396 million bush The foregoing gives the record back for 21 years, and els for the crop of 1893 was too low—and in fact that the :t shows that the 1893-4 price for both wheat and two preceding crops were also under-estimated. At 164 flour was decidedly the lowest for the whole period. million bushels, the esports for the late year compare The contrast between the initial year (1874) and the with 192 million bushels for 1892-93 and with 225f closing year (1894) is very striking. In the former the million bushels for 1891-92. In both these latter years average per bushel of wheat was $1 43, in the latter the shipments were extraordinarily large and some only 67 cents, the average per barrel of flour having in falling off was inevitable in any event, but with the ex the same period dropped from $7 14 to $4 11. With ception of the two years mentioned and the two years considerable fluctuations the price has tended down ending June 30, 1880, and 1881—also quite remarkable ward during the whole twenty years, but it is note years—our shipments of wheat have never previously worthy that if we take the average for wheat reached or exceeded 164 million bushels. In truth, in for 1892 (when the exports of wheat and most other recent years they have been much less than flour reached 225f million bushels) and compare it on this;’thus in 1890-91 they were only 106 million bushels, the one hand with the average for 1874 and ou the in 1890 109 million bushels, in 1889 but 88 millions, in other with the average for 1894, the decline in the last 1888 119 millions, in 1887 153 millions, in 1886 94 two years is found to be almost as great as the decline millions. in the previous eighteen years. In other words, while When one contrasts the falling off in the quantities between 1874 and 1892 the average dropped 40 cents a shipped with the falling off in the value of the ship bushel (from $1 42 to $1 02), between 1892 and 1894 ments as shown in the table above, it becomes it dropped 35 cents more. If the same average prices evident that the latter has been proportionately very for wheat and flour could have been obtained in 1894 much the larger. Thus while in quantity the wheat as in 1892—and certainly prices in 1892 were shipments during the last two years have diminished not high—the export value of the shipments in from 225 million bushels to 164 million bushels, or but the late year would have been 45 million little over 25 per cent, the value of the shipments in dollars larger than they have proved to be. the same two years has declined from 236 million A favorable feature in the wheat movement is that .dollars to 128 millions, or about 45 per cent. And each year a larger proportion goes forward in the man this discloses the really unfavorable feature in the ufactured form, though, as we have seen, the decline in year’s results. The year has been unsatisfactory not the price of flour has been n.o less marked than in because of small exports or poor crops (though both wheat itself. The flour shipments in the late year have been below the large totals of the two years imme were 16,829,637 bbls., being without exception the diately preceding) but because of the very low prices largest ever made in any year. At 4J bushels to a received. On the wheat shipments the average price barrel this is equal to '75,733,366 bushels of w heat; of for the twelve months has been only a little over 67 cents wheat itself the shipments were 88,414,960 bushels, a bushel. In the previous year the average had so that the flour exports formed pretty nearly one-half been thought exceedingly low, but it then was almost the entire movement. 80 cents, or nearly 13 cents a bushel better than in the With regard to the exports of corn, these increased late year; in 1891-92 the average was $1 02%, and be in the late year, being 65 million bushels against 46 tween that year and 1893-4, therefore, the difference million bushels in the year preceding, but in this case, against the latter was over 35 cents a bushel—an as in the others, prices were muGh lower, the average enormous difference. What is true of wheat in its having been only about 46 cents a bushel, against 53 native state is true also of wheat in the manufactured cents in 1892-93 and 55 cents in 1891-92. A lower form—that is, in the shape of flour. For the late year average is found in 1889-90, buc that is the only ex the average price of the flour shipments was only $4 11 ception in the period covered by the above table. per barrel, as against 14 54 for the preceding year and $4 96 for 1891-2. In other words, exporters got 43 RAILROAD N E T EARNINGS FOR M AY. cents a barrel less in 1894 than in 1893, and 85 cents No one needs to be told the character of the exhibit a barrel less than in 1892. The following shows the quantities shipped and the average prices received for a of railroad earnings for the month of May as prepared by us to-day. It is the most unfavorable exhibit we long series of years. have ever been obliged to chronicle, though in saying QUANTITIES EXPORTED. this we do not mean to be inferred as declaring that A v ’ge A v’ge A v’ge the statements for June and Julv, when made up, may Year ended Flour. Wheat. Corn. per Tot. Wheat per per J u n e 80. There is scarcely^ redeeming feat hush. bhl. and Flov/r. hush. not be even worse. ure in the exhibit as a whole, the results being almost $ Bbls. Bush. Bush. Bush. $ $ 1874................... 71,039,928 1-428 4,094,094 7-146 89,463,351 34,434,000 •719 uniformly bad. 1875................... 53,047,177 1-124 3,973,128 6 001 70,926,253 28,858,420 •847 We set out the conditions and influences responsible 1870................... 55,073,122 1-242 3,935,512 6-208 72,782,926 49,493,572 •672 1877................... 40,825,611 1-169 3,343,005 6-479 55,372,104 70,860,983 •587 for the unfavorable showing in our issue of June 16, 1878................... 72,404,981 1-338 3,947,333 0-358 90,167,959 85,461,098 •502 1879................... 122,353,930 1-068 5,629,714 5-252 147,687,649 86,296,252 •471 and will only repeat here that such a conjunction of 1880................... 153,252,795 1-243 6,011,419 5-878 180,304,180 98,169,877 •543 1881................... 150,505,477 1-113 7,945,780 5-669 186,321,514 91,908,175 ;552 adverse factors and events as existed in that month, all 3882................... 95,271,802 1-185 5,915,086 6-149 121,892,389 43,184,915 ■668 of large magnitude, is probably without a parallel in 1883................... 100,385,828 1-127 9,205,664 5-950 147,811,316 40,586,825 •684 1884................... 70,349,012 1-060 9,152,260 5-588 111,534,182 45,247,490 •011 the history of the railroad carrying interest in the 1885................... 84,053,714 0-862 10,648,145 4-897 132,570,360 51,834,416 •540 Besides trade depression and the tariff 1886................... 57,759,209 0-870 8,179,241 4-700 94,565,793 63,655,433 •498 United States. 1887................... 101,971,949 0-890 11,518,449 4-510 153,804,969 40,307,252 •480 legislation we had the great strike of the miners in the 1888................... 05,789,261 0-853 11,963,574 4"579 119,625,344 24,278,417 •550 1889................... 40.414,129 0-897 9,374,803 4-832 88,600,743 69,592,929 •474 bituminous coal regions, extending through the wholp 1890................... 54,387,767 0*832 12,231,711 4-063 109,430,466 101,973,717 •418 month and involving practically all sections of the 1 8 9 1 ................ 55,131,948 0-933 11,344,304 4-822 100,181,310 30,768,213 •574 1892 .................. 157,280,351 1-020 15,196,709 4-959 225,605,811 75,451,849 •551 country. This reduced not only the coal traffic of the 1898................... 117,121,109 0-799 16,020,339 4*542 191,912,634 46,037,274 •534 1894* ................ 88,414.960 0-072 10,829,037 4-115 164,149,326 05,102,552 •402 roads but also the ordinary traffic, since many manuf facturing establishments were obliged to shut down for < * F ig u re s fo r 1894 are subject to slig h t corrections. THE CHRONICLE. JULY 21, 1894.] the want of fuel. Then there were tremendous floods in Pennsylvania and adjoining States, and also on the North Pacific coast, both doing large damage and causingserious interruptions to railroad operations. The Ooxey depredations also continued a disturbing influence in special districts, though mainly in the early part of the month. Furthermore, railroad rates were badly demoralized in the West and South; in the one section a remedy was applied before the close of the m onth^n . the other the trouble continued unchecked. Further more the price of *wheat dropped to extremely low figures, leaving the agricultural communities with poor returns, and partly in consequence of the same circum stance the shipments of wheat fell off about one-half as compared with the corresponding period of last year. This being the situation, there has been no doubt from the first that the showing of earnings for the month would be extremely unfavorable; and it will be remembered that when giving our early statement of estimated gross earnings we remarked that tbe month would long remain memorable as tbe worst ex perienced in the downward course of earnings which had been in progress so long. The present statement furnishes ample corroboration of these remarks. In our early statement the loss in gross earnings was found to be $7,782,001, or 17*55 per cent. In the present return, which covers both gross and net earnings, and which com prises different roads than the other, the loss in gross earnings is found to be $11,935,834, or 19*51 per ceat. At the earlier period we estimated that for the entire railroad system of the United States the loss in gross receipts for the month must have been between 15 and 20 million dollars. With a loss of almost 12 million dollars on the roads in our statement, were we inclined to modify the estimate at all we should make it larger. In the net earnings the loss on the roads included in our statement is $6,253,373, or as much as 33*79 per cent. We have only to contrast these losses for May with those of the earlier months, to see that they are decidedly the heaviest yet recorded, both in ratio and amount. In April the loss in net was only $3,638,272, or 22*37 per c e n t; in March $3,137,000, or 17*22 per cent; in February $2,154,340, or 16*14 per cent; in January but $1,131,828, or 8*87 per cent; in December, 1893, $3,245,269, or 17*62 per c e n t; and in August, 1893, $4,104,067, or 19*00 per cent. In the gross the loss of $11,935,834, or 19*51 per cent, for May, compares with $9,359,204, or 16 per cent, for April, with $10,533,121, or 17*33 per cent, for March, with $8,881,192, or 16*83 per cent, for February, with $7,077,458, or 13*08 per cent, for January, with $8,301,160, or 14*75 per cent, for December, and with $8,389,069, or 13*29 per cent, for August. January 1 to May 81. (140 roads.) May. (141 road».) 1894. 1893. $ $ dross e a m ’s 49.226,912 61,162,746 Oper. exp... 36,973,725 42,656,186 N et e a m ’s "li^253,187 18,506,560 Decrease. 1894. 1893. Decrease. % $ $ $ 11,935,834 240,937.789 288,561,063 47,623,274 5,682,461 177,694,346 209,054,360 31,360,014 6,253,373 63,243,443 79,506,703 16,263,260 It may be asked with what kind of earnings we are comparing for last year. The reply must be that our May exhibit in 1893 showed pretty fair gains in both gross and net, so that the statement was con sidered quite a favorable one. And yet the im provement followed in great part from the fact that the results in the twoyears preceding had been rather poor, and from the further fact that the month contained one less Sunday, and therefore me more working day; and a special favoring influence 97 was derived from the extra travel to the World's Fair at Chicago, the Exposition having been opened in thafc mouth. Year and number Gross Earnings. Year Given. N et Earnings. Year Increase or Preceding. Decrease. May. $ $ $ 1889 (97) 44,750,133 42,840,156 +1,909,977 1890 (124) 54,139,680 47,478,854 +6,660,826 1891 (131) 53,440,399 55,343,271 —1,902,872 1892 (131) 60,506,591 58,377,798 +2,128,793 1893 (131) 65,018,717 60,314,952 +4,703,765 1894 (141) 49,226,912 61,162,746 —11,935,834 Jan. 1to May 31. 1889 (95) 204,753,796 193,383,312 +11,370,484 1890 (124) 261,053,329 234,408,000 J-26,645,329 1891 (129) 254,901,061 250,979,895 +3,921,166 1892 (131) 299,580,029 279,584,537 +19,995,492 1893 (124) 289,713,109 280,893,621 +8,819,488 1894 (140,) 240,937,789, 288,561,063 —47,023,274 Year Given. % Year Increase or Preceding. Decrease. $ * 14,735,427 17,252,740 16,783,884 17,289,009 19,278,127 12,253,187 12,884,420 14,897,501 17,390,666 18,122,794 16,697,984 18,506,560 +1,851,007 +2,355,239 —606,782 -833,785 +2,580,143 —6,253,373 62,160,294 77,783,100 75,210,855 85,042,483 82,357,120 63,243,443) 53,625,573 69,246,951 72,932,519 81,671,258 82,633,429 79,508,703 +8,534,721 +8,536,149 +2,278,33® +3,371,225 —326,309 -16,263,260 Out of the whole 141 roads included in our present exhibit for May, only 23 are able to show any increase in gross earnings, either large or small. In the net th e roads with gains are somewhat more numerous,“reflect ing the extreme economy in operations which has been practiced, and yet even here the number is o n l y 46. The Pennsylvania Kailroad, having suffered very severely from the coal strike and the floods, has strik ingly heavy losses both in gross and net. , On the Eastern and Western lines combined the decrease is 2,904,188 in gross and $1,685,595 in net. The Atchi son (including the Ss. Louis & San Francisco) lost ,141,917 in gross, and as only a very small decrease in expenses was effected the loss in net has been nearly as large, or $1,116,697. The Union Pacific lost $920,897 in gross and $587,945 in net. The Illinois Central is now comparing with the period when its earnings were heavily swelled by the Fair; it shows $311,636 decrease in gross and $179,569 decrease in net. The St. Paul lost $441,862 in gross but only $73,053 in net; the Burington&Qaincy, however, which in previous months had very similar returns, this time has lost $774,526 in gross and $328,864 in net. The Southern Pacific has fallen. $533,525 behind in gross and $351,998 in net, the Erie $477,408 in gross, $254,750 in net, the Baltimore & Ohio $554,769 in gross, $295,766 in net; and so we might go through the list. The following shows the more important changes. PRINCIPAL CHANGES IN GROSS EARNINGS IN MAY. In creases. M exican C e n tra l......... $71,558 P en n sy lv a n ia (3 rds.)t. $2,904,188 Atcli. T. & S. F e (2 r ’ds) 1,141,917 920,897 U nion Pacific (11 r ’ds) 774,526 Chic. B url. & Q u in cy .. 554,769 B ait. & Ohio f§ rd s ).. 533,525 S outhern P ac. (6 rds.) 477,408 N. Y. L. E rie & W est.. 441,862 Chic. Mil. & St. P a u l.. 311,638 Illinois C e n tral............. 291,320 Ches. & O hio................ 280,144 L ouisville & N a s h v ... 253,660 W abash...................— 253,629 P hila. & Read. & C. & I. 213,084 Buff. Roch. & P itts ---200,706 D enver & Rio G rande. 194,523 Cent, of New J e r s e y ... 181,832 N o rth ern C en tral — 164,671 Clev. Cin. Chic. & St. L. 155,053 C anadian P ao............. J D ecreases. G rand T ru n k ................ $ 1 5 1 ,6 2 0 W est. N. Y. & P enn .. 137,876 C. N. O. &T. P. (4 rds.). 135,0 1 0 A llegheny V alley ....... 105,455 Chic. B url. & N o.......... 84,622 G r.R a p s .& In d .(lrd s .) 8 4 ,2 1 7 Rieh. & Danv. (4 rds.). 83,8 0 2 F lin t & P e re M arq___ 70,830 Toi. & Ohio C e n tr a l... 67,622 Louisv. N. Alb. & Chic. 6 4,960 N ashv. Chat. & St. L ... 55,730 Chic. & West M ich....... 5 4 ,5 0 0 W. Va. Cent. & P i t t s . . . 48,880 Chic. & G ran d T ru n k .. 45,522 S u m m itB r. & Ly. V al.. 43,447 L ake E rle & W est......... 43 ,1 3 » O regon Im prov. Co.. . . 37 ,0 0 2 Io w a C e n tra l................ 30,905 T o ta l(rep re sen tin g 67 ro a d s)............. $11,594,522 t The gross on E a s te rn lines decreased $1,813,919 a i d on W estern lin es $1,090,269. PRINCIPAL CHANGES IN NET EARNINGS IN MAY. D ecreases. Increases. $83,828 $45,678 W est. N. Y. & P enn. . K an. City F t. S. & M em. D enver & Rio G ra n d e . 7 6,033 Decreases, 73,411 P e n n sy lv a n ia (3 r ’ds)t. $1,685,595 A llegheny V alley......... 73 ,0 5 3 A tch.T . & 8 . Fe (2 r’ds).. 1,116,697 Chic. M il.& St. P a u l ... 61,623 587,945 L ouisville & N ashville U nion Pacific (11 r ’ds)., 51,839 351,998 Chic. Burl. & N orth .. S outhern P ae. (6 r ’d s).. 51,479 328,864 Rich. & Danv. (4 rds.). Chic. B url. & Q u in cy ... 51,000 295,766 Cin. N. O. & T. P. (4 r ’ds B alt. & Ohio (2 ro ad s).. 44,841 254,750 C hesapeake & Ohio— N. Y. L. E rie & W es t... 35,273 199,374 Tol. & Ohio C e n tr a l.... P h. & Read, an d C. & I . 34,879 179.569 Chio. & G ran d T ru n k .. Illinois C en tral............... 30,100 125,787 G rand T ru n k ................ C entral of New Je rs e y . 122,773 N o rth ern C e n tral.......... T otal (representing 105,772 Buff. Roch. & P i t t s . . . . . 51 r o a d s ) ............ $6,124,898 102,649 W a b a s h ......................... t The n e t decreased $949,606 on E a ste rn lines and $735,989 on W nctorn linoQ THE CHRONICLE. 98 ■Arranged in groups, not a single group outside of the Mexican escapes a decrease in either gross or net, and this is true of both the month and of the five months. The losses are heavy not only in amount but in ratio. Thus the falling off in the month’s net for the South western group is 56*29 per cent, for the Eastern and Middle group it is 54*21 per cent and for the Trunk lines it is 42*12 per cent. The Southern lines have done relatively better than any others, and show only 10*52 per cent decrease. For the Anthracite Coal group the decrease is 23*38 per cent; in this group the Few York Ontario & Western has an increase in both gross and net. For the Pacific group the decrease in net is 30*37 per cent, for the Northwestern 20*00 per cent, for the Middle Western 28*73 per cent. For the five months the ratios of decrease are as a rule smaller, though nevertheless quite large. The Mexican group records a gain for both periods, the conditions there being different. Se c tio n o r Gr o u p . Gross Earnings. 1894. 1893. May. $ $ T ru n k lines..(12, 13,941,366 18,534,781 A n tb ra. co al.(7) 5,503,697 5,989,572 E ast. & Mid. (16) 1,498,969 2,199,014 Mid. W est’n.(21) 2,940,649 3,702,676 N orthw est’n ( 9) 5,655,351 7,040,684 Southw est’n.(11) 4,279,032 5,663,970 Pacific Coast (21) 8,193,466 9,855,956 S o u th e rn .... (41) 5,887.787 6,915,867 M exican.......( 3) 1,326,585 1,260,22' T ot.. (141 r ’ds) Jan u a ry 1 to May 31. T ru n k Unes..(12) A nthra. coal( 7) E ast. & Mid.(16) Mid. W est’n.(21) N orthw est’n ( 9) Southw est’n (ll) Pacific Coast (21) S o u th ern__ (40) M exican...... ( 3) N et Earnings. 1894. $ 3,364,377 1,116,130 353,198 726,485 1,728,689 895,638 2,143,454 1,420,780 504,436 1893. Inc. or Dec. P . C. $ $ 5,812,812 —2,448,435 42-12 —340,584 2338 1,456,714 771,283 —418,085 54-21 1,019,368 —292,883 2873 2,161,095 —432,406 20-00 2,049,(37 —1,153,399 56 29 8,078,672 —935,218 30-37 —281,337 16-52 1,702,117 455,462 +48,974 10-75 49,226,912 61,162,746 12,253,187 18,506,560 —6,253,373 33-79 87,895,991 17,655,989 22,934,315 —5,273,326 27,229,299 4,449,539 5,967,708 —1,618,229 —593,662 9,833,434 2,197,063 2,790,725 -743,200 17,432,834 3,768,116 4,511,316 —514,293 33,939,780 9,382,259 9396,552 26,346,375 4,555,704 7,803,351 —3,247,647 45,247,066 9,988,777 13,499,411 —3,510,634 34,485,63’ 8,977,585 10,019,208 —1,041,623 +184,354 6,150,648 2,268,411 2,084,057 T o t..(140 r ’ds) 240.937,789 288,661,06? 63,243,44- 79,506,703 —16,263,260 71,193,994 22,451,793 7,902,589 15,001,366 28,354,359 20,693.574 88,336,400 30,744,519 6,256,19e N o t e .—in c l u d e d u n d e k t h e h e a d o f — Tru n k Lines. Middle W est’n (Con.)— 6 . & O., E a st o f Ohio. Louisv. N . A. & Chic. B. & O.. W est o f Ohio. M anistique. Clev. Cin. Chic. & 8t. L. Pitts. M arion & Ch. Peo. & E a ste rn Div. Sag. Tus. & H u r. G rand T ru n k o f Canada. Sag Valley & St. Louis. Chic. & Gd. TruDk. Tol. A. A. & N .M . D etroit Or. Hair. & Mil. Toledo & Ohio C entral. N. V. Lake Erie & W est’n. Tol. P eo ria & W. Northwestern. Pennsylv, E ast o f P. & E W est o f P itts. & Erie.* Burl. Cedar Rap. & Nor. P itts. Youngs. & Ash. Chic. B url. & N orth. W abash. Chic. B url. <&Quincy. Anthracite Coal. Chic. Mil. & 8t. Paul. C en tral of New Jersey. Iow a C entral N . Y. O ntario & W est. Keokuk & W estern. N. Y. Bus. & W est. Minn. & St. Louis. Phi la. & Reading. Quincy Omaha & K. C. Coal & Iron. St. P a u l & D uluth. Southwestern. Sum m it Branch. Lykens Valley. A rkansas Midland. Eastern and Middle. Atch. Top. & Santa Fe. St. Louis & San Fran. A dirondack. A llegheny Valley. A u stin & No’west. B ath & H am m ondsport. Crystal. B rooklyn E levated. D enver & Rio Gr. H ouston E. & W. Texas. Buff. Roch. & P itts. Kan. C. F t. S. & Mem. Camden & A tlantic. C batau q u a Lake. Rio G rande Southern. Tex. Sab.Val.& N .W est. C um berland Valley. H oos. T un. & W ilm. Waco & No’western. N orth ern Central. Pacific Coast. S taten Island R. T. Canadian Pacific. Stony Clove & C. Mt. Oregon Im p ro v em en t Co. U lster & D elaw are. . Rio G rande W estern. W est Jersey & Branches. San. F ran . & N orth. Pac. W estern Md. So. Pacific.— W estern N. Y. & P en n . Gal. H ar. & S. A. Louis. W estern. Middle Western. Chic. & W est Mich. M organ’s La. & T. N. Y. Tex. & Mex. Cin. Jack. & Mack. Texas & New Orleans. Cin. P o rts. & V irginia. D et. Lans. & Nor. Pacific System. Onion Pacific— E lgin Jo lie t & E astern. F lin t & Pere Marq. U nion Pacific Railway. Ore. Sh. L. & U tan Nor. G ran d Rapids & Ind. Oregon Ry. & Nav. Co. Illinois Central. Union Pac. D en. & Gulf Indianap. Dec. & W. F t. W orth & Den. City. Iro n Railway. K anaw ha & Michigan. St. Joseph & Grand Isl. L ake E rie All. & So. K an. Citv & Omaha. L ake Erie & W estern. C entral Branch. 23-01 25-44 21-24 16-47 5-19 41-62 2600 10-39 884 20-45 [Yol. LIX. MERCHANDISE. June. 12 m os. end. J u n e 30. $869,181,315 1894.—E x p o rts—D om estic....... ............$55,630,199 ........... 1,841,746 22,929,965 F o reig n .......... T o ta l............................. ...........$57,471,945 Im p o rts—F ree of d u ty ., .......... $30,351,568 D u tiab le ......... ........... 21,273,336 T o ta l.............................. .......... $51,624,904 $892,111,280 $379,742,912 275,092,961 $654,835,873 E xcess of e x p o rts.................................... $5,847,041 1893.—E x p o rts—D om estic....... ...........$63,465,370 1,981,199 F o re ig n .......... ........... $237,275,407 $831,030,785 16,634,409 T o ta l............................. ...........$65,446,569 Im p o rts—F ree of d u ty . ...........$37,488.904 D u tia b le ......... ........... 32,205*640 $847,665,194 $444,544,211 421,856,711 T o ta l............................. ...........$89,694,544 E xcess of im p o rts ................................... $4,217,975 $866,400,922 $18,735,728 GOLD. 1894.—E x p o rts — ...................... ...........$23,340.888 907,295 im p o rts ............................ ........... $77,038,729 72,453,066 E xcess of e x p o rts........................ 1893.—E x p o r t s .................... . ........... $ 2,711,226 I m p o rts ............................ ........... 1,009,682 4,585,663 $108,680,844 21,174,381 $37,506,463 E xcess of e x p o r t s ....................... SILVER. 771,656 $50,451,043 13,282,605 E xcess of e x p o rts......................... 1893.—E x p o rts ............................. . Im p o rts ............................. ........... 1,586,110 $37,168,438 $40,737,319 23,193,252 E xcess o f e x p o rts........................ ........... $2,430,284 $17,544,067 1894.—E x p o rts ............................ Im p o rts ............................. ........... W ESTERN N E W YORK & PEN N SYLVAN IA RR. BONDS P R O B A B LY LOST. We are informed that several packages of Western New York & Pennsylvania Railroad Co. second mortgage bonds, aggregating in par value $2,000,000, shipped from Germany to New York on or about July 5, have never been received, and while it is possible that the missing bonds may be on board of steamers about to arrive, still it would be well for all parties to whom such bonds may be offered to carefully investigate the ownership before purchasing. Should the bonds not arrive by the “ Lucania” or “ Aller,” now due, fuller notice will be given. f j t o t x e t a r t$ I (£ j& m m zx tiK \% ix % lis\x ^ zT O S [F rom o u r ow n correspondent.] L o n d o n , Saturday, July 7, 1894. The plethora of money continues. The rate of discount in the open market is little better than % per cent for three months’ banks bills, and bankers are unable to lend at % per cen t; in many cases no more than per cent is paid for money for the day. For the time being everybody is unwill ing to engage in new enterprises ; and to the various depress ing causes that have been acting so long upon the market there has this week been added an unpleasant piece of news from Australasia. On Saturday afternoon the New Zealand Government hurried through the Legislature an act authoriz ing the issue of two millions sterling of preference shares of the Bank of New Zealand. The shares are to be a charge on the revenues of the colony, and the Government guarantees a minimum interest of 4 per cent per annum. The representa tives of the Bank in London say that negotiations have been going on for several months with regard to this measure, but that there was no need for haste, as the Bank is solvent. They admit, however, that the Bank has not got in as much money during the past six months as was expected, and that de positors are withdrawing their deposits. The general public persists in believing that something must have come to the knowledge of the Government to induce it to act so precipi tately at the very end of the session, and therefore there are fears of renewed troubles in the colonies. Happily all the banks of London are now so strong that even a renewal of crisis in Australasia would not have much effect upon our market. But tne incident, it is feared, will increase the dis t We include th e se W estern lines in our tab le by tak in g an estim ate fo r 1893 credit of all the Australasian banks. o n which to base th e decrease rep o rted fo r th is year. + F o r m o n th only. The dividends announced by our joint-stock banks so far are better than were looked for. It was feared that the rates of interest and discount had been so low all through the past IMPORTS AND EXPO RTS FOR JUNE. i-ix months that the banks generally would be compelled to The Bureau of Statistics has issued a detailed statement of reduce their dividends. Three of the principal London jointthe foreign commerce of the country for the month of June, stock banks have now made their announcements. One re 1894 and 1893, and for the twelve months ending June 30 in duces its rate of dividend by 1 per cent per annum; two others maintain the same rate as twelve months ago. Of the two 1893-94 and 1892-93, as follows : Pacific Coast (Con ) Union Pacific - (Con.) A tchison Col. & Pac. A tch. Jew. Co. & W est. M ontana Onion. Man. Al. & B. Southern Roads. Alabama Midland. A tlan ta & W t. P oint. Bir. & A tlantic. Carolina Midland. Char. Sumt. & No. Cneraw & Darlington. Chesapeake & Ohio. Ones. Ohio & Southw est. Cin. & K en. Southern Cin. N. O. & Tex. Pac. New Or. & N. E. A la. & Vicksburg. Vickb. Sh. & Pac. G adsden & A tta la Un. Georgia. Ga. S outhern & Fla. G ulf & Chicago. J nek. Tam pa & K. W. Kan. City Mem. & Bir. Louisville & Nashville. Lousv. St. L. & Tex. Macon & B irm ingham . Nash. Chat. & St. Louis. New Orleans & So. Norfolk & S outhern. Norfolk & W estern. Ohio R iver. Petersburg. P o tt R oyal & A ugusta. Rich. & PetersDurg. Richm ond & Danville Georgia Pacific. Char. Col. & Aug. Col. & Greenville. Rich. Fred. & Pot. Sav, Am. & Mont. Sav. Fla. & W estern. South C arolina.t W estern of A labam a. W est Va. C. & P. W rightsv. & Tennille. Mexican Roads. M exican C entral. M exican In tern atio n al. M exican N ational. THE CHH0N1CLE. J uly *1, 1894.] great discount companies one maintains the same rate as last year and the other reduces its dividend by 1 per cent p tr annum. The India Council on Wednesday offered for tender 40 lakhs of rupees in bills and telegraphic transfers and sold the whole amount—the bills at Is. Od. 31-82d per rupee and the transfers at Is. Id. par rupee. For the time being there is very little demand for remittance. The shipments of gold from Bombay have come to an end, for the moment at all events, and there is very little export of commodities. It is estimated by the best authorities that India has an exportable surplus of wheat of about million quarters, but, owing to the low prices in Europe, she is not shipping much wheat at present. The stock markets are as inactive as ever. There is a some what better feeling in the American department, owing to the reassuring statements of President Cleveland, the passage of the Tariff Bill through the Senate and the belief that the gold shipments have come to an end. But the market is entirely in the hands of professional traders, and they are not willing to do much, as the public is holding altogether aloof from every department. There is likewise a somewhat better feel ing in the South American department, as the premium on gold at Buenos Ayres is steadily falling, and as the news from Brazil is more encouraging. But there are grave fears of a renewed banking crisis in Australasia, which is preventing the public from acting, and there is continued anxiety respecting India. Moreover, the threatened quarrel be tween China and Japan respecting Corea is deterring operators. Upon the Continent business is nearly as stagnant as here at home. Money is very abundant, but everybody is afraid to increase his risks. At home the Scotch coal strike has some what depressed British railway stocks. For a considerable time past investors have been buying those stocks largely, but owing to the strike it is feared that trade may be checked and that consequently dividends may fall off. The strike itself is small compared with the great Midland struggle last year. But the Miners’ Federation of Great Britain has de cided to increase the levies being now made upon its members so as to give more ample support to the Scotch miners ; and the English employers, it is understood, are assisting the Scotch employers. It is likely, therefore, that the strike will last for a long time, and there are fears that it may extend to England. As yet, however, there is very little evidence of any injurious influence upon trade. Scotch ship-building is reported to be more active than it was at this time last year, and the railway traffic returns prove that the volume of busi ness all over the United Kingdom is decidedly larger than it was twelve months ago, Wages generally are fairly well maintained, and employment is by no means scarce. “ British foreign trade returns for June indicate no improve ment, the exports of the month having declined £876,116, or 4-66 per cent. The imports have increased £2.380,000, or 7'46 per cent, but the meaning of this is that foreign countries are obliged to send us immense quantities of goods in lieu of gold, to pay their interest obligations, and the expansion in im ports is really another evidence of the absence of confidence Foreign countries would not send us larger quantities of goods a t the present extremely low prices if they were not in great straits for money to pay their interest and other obligations. For the six months to 30th June exports have declined £894,000, or 0*83 per cent, entirely owing to the extremely small exports to the United States, whose purchases of British goods in the six months have been over £5,000,000 less than in the first half of 1893. Indian purchases of cotton goods have been over £3,500,000 larger during the past half-year than in the first half of 1893, when the long Lancashire labor trouble occurred, and have been the chief offsetting in fluence to the small United States purchases. The imports of the six months have risen £13,350,000, or 7-46 per cent, due largely to the immense arrivals of raw cottOD. The imports since January 1st have been as follows: / 1894. E xports. J a n u a ry ........... F e b ru a ry ......... M arch.............. A p ril................... M ay.................... J u n e ................... R e -e x p o r t s . J a n u a r y ........... F e b ru a ry .......... M arch.............. A p r i l . . . . ......... M ay.................. Ju n e ................. — 894,465 — -83 1894. 1893. £ Difference. £ 4,346,643 5,051,720 5,342,886 4,810,362 4,904,108 5,198,180 Per 01. £ 4,785,629 5,733,252 5,690,367 4,856,184 6,945,220 4,796,015 — 438,986 — 9 -17 — 681,532 —11-83 — 347,481 — 6-10 — 45,822 — 0*94 —2,041,112 —29-38 + 402,165 + 8-38 32,806,667 —3,152,768 — 9-61 The following shows the imports of cereal produce into the United Kingdom during the forty-four weeks of the season compared with previous seasons: IMPORTS. 1893-94. rm p o rtso fw h ea t.o w t.5 4 ,780,778 B a rley ............................27,048,938 O a ts .............................. 11,226,749 P eas.............................. 2,032,968 B eans........................... 4,445,679 lu d ian c o r n . . . ....... . 31,141,637 F lo u r ............................ 16,443,604 1892-93. 53,080,116 14,240,797 11,528,109 1,894,611 3 , 543,360 27,027,142 17,580,187 1891-92. 1890-91. 57,420,675 48,898,523 15,349,563 15,246,220 12,406,332 13,154,758 2,423,687 1,739,506 3,479,130 2,696,710 24,311,064 24,876,516 16,812,621 13,711,805 Supplies available for consumption (exclusive of stocks on September 1): 1893-94. 1892-93. 1891-92. 1890-91. W heat.................. o w t.54,780,773 53,080,116 57,420,675 48,896,523 Im p o rts of flour......... 16 , 448,604 17,580,187 16,812,821 I d ,711,800 Sales of hom e-grow n. 19,159,780 23,534,679 28,033,466 31,896,482 T o ta l................... 90,389,162 94,194,982 102,266,762 94.504,805 1893-94. 1892-93. 1891-92. 1890-91. Aver, price w h eatw e eh .2 4 s. i d . 26s. 9d. 29s. 3d. 38a. 9 d . A verage p ric e , se a so n ..2 5 s . 7d, 26s. 9d. 34s. l a . 3 4 s .. 9 d . The following shows the quantities of wheat, flour an d maize afloat to the United Kingdom: W h e a t ........... q rs . Flour, e q u a l w> q rs. Maize................. .q r s . T his week. Last week. 4,193,000 3,029,000 298,000 333,000 541,000 517,000 G a z IU li F in a n c ia l 1893. 3,270,000 312,000 483,000 1892. 2,200.000 302 000 685 ,0 0 0 r i a r H e t t - P e r C a b le . Tbe daily closing quotations for securities, &c., ad London pro reported by cable a3 follows for the week ending July 20: L ondon. Sat. S tiver, p e r o z . . . ............ d 2S7ifi 0 Ju stu s,n ew , 2 % p o r uts. 1 0 1 % do fo r acco u n t......... 1 0 1 % F i’oh ren tes (in P a ris ifr. 0 . 0. 4s of 1907.............. C anadian P acific............ 66 % C ie. Mil. & St. P a u l .... 61% 92% il inois C e n tra l.............. L .Re S h o re ..................... 132% L ouisville & N ash v ille.. 46% M “xioan C e n tral 4 s ....... 55% NT. Y. C en tral & H ndson. 99% N. Y. L ake E rie & W est’s 1478 do 2 d co n s............ 75 N orfolk & W estern, p r e f . N orthern Pacific p r e f... 35 P e n n sy lv a n ia ................... 50% Phil. & R ead., p e r share 8% U nion P acific.. . . . . . . . . . . 1 1 % W abash p r e f ................... 15 Mon. Tv.es. Wed. T hvrt. Ir i. 287,6 287lfl 1019 a 1 0 U ile 1019,. 10 H U 00-9*% 0 1 0 7 8 289i6 2811,, 28% " 10 1 % I019 i6 10i7le 103% 103 7,® 0 1 -1 2 % 01*2 0 1 -a i 67% 61% 92% 133 47% 55% 9934 15 75% t)6 % 61*4 93 132% 46% 55%, 15 50% 9 11% 15% 67% 61 34 93 133 47 % 55% 100 14% 75% 15% 50% 9% 11% 15 100 14% 75% 66 % 93 132% 48% 55% 60% 93 132% 46% 55% 14% 75% 14 75 100 14% 50% 9 10 % 14% 14% 50% 9 10 % 14% 100 14% 50% 8% 10 % 14% A © u m m e r c t a l a M W tis c c lV d n z a n s U im r s " im ports a n d e x p o r t s fo r THE W e e k .— The following are the imports at New York for the week ending for dry goods July 12 and for the week ending for general merchandise July 13 ; also totals since the beginning of the first week in January, FOREIGN IMPORTS AT NEW YORK. 33,126,470 29,759,640 34,059,485 32,120,160 3 6 ,8 3 8 ,2 13 31,869,592 +5,332,143 + 4,224,445 + 1,281,552 +2,S 77,869 —2,704,153 + 2 ,c 80,441 +16-09 +14-19 + 3-76 + 8-99 — 7-34 + 7-46 D ry G o o d s ..... Gen 1 m er’dise. 6 m o n th s ... 211,031,597 197,681,660 + 13 ,3 4 9 ,9 3 7 + 6-75 + 0-69 + 3-42 — 6-86 + 5-66 — 1 -90 — 4-66 1894. 1393. 1892. 1891. Ju ly 4. J u ly 5. Ju ly 6. J u ly 8. a £ £ £ Circulation............. ...................... . 28,400,850 27,481,955 27,219,475 26,520,700 Public deposits.............................. 10,942,183 5,881,295 5,553,218 4.195,883 O ther deposits............................... 34,938,104 36,944,322 34,752,833 37,802,408 G overnm ent se c u ritie s............... 13,131,328 13,207,044 13,155,085 13,423,006 O ther securities............................ 21,337,686 23,036,465 28,829,360 30.768,279 Reserve of notes and coin.......... 29,300,507 18,713,422 16,383,572 16,989,732 Coin & bullion, b o th departm ’ts 38,901,357 29,745,877 27.153 047 27,060,432 63% 43 7-16 Prop, reserve to liabilities, .p. c. 40 7-16 40% 2 Bank r a te ........................per cent. 2 2% 2% 101M 98 15-16 Consols, per c e n t.................... 96 9-16 96 3-16 Silver.................. ........................... 28%d. 34%d. 39%d. 45%d. Clearing H ouse re tu rn s ............... 153,707,000 173,867,000 174,644,000 134334,000 38,453,613 33,984,085 35,341,037 35,008,029 34,134,060 34,250,033 | ¡¡The exports since January 1st have been as follows : + 125,861 + 586,140 —1*334,001 + 941,899 — 338,248 — 876,116 The following return shows the position of the B a n k of England, the Bank rate of discount, th6 price of consols, &c. compared with the last three years: For Week. J a n u a r y ........... F e b r u a ry .... M a reh .............. A p ril................ M ay.................. J u n e ................. 107,777,940 6 m o nths...... 29,653,899 P er Of. £ P er Ot & 18,026,019 17,093,309 19,432,904 16,617,977 17,822,460 18,785,271 The exports of foreign and colonial produce since January 1st show the following contrast: Difference. ~ & Difference. £ 6 m onths...... 106,883,475 1893. £ 1893. £ 18,151,880 17,679,449 18,098,903 17,559,876 17,494,212 17,999,155 1894. I m ports. 99 1891. $2,931,726 6,243,410 1892. $2,279,788 8,023,348 1893. $2,372,945 5,861,635 1894. $1,486,921 7,308,611 T o ta l........... 59,175,136 $10,303,136 $8,234,580 $8,795,532 Since J a n . 1. Dry G o o d s... A $*’4,868,970 $66,185,180 $78,712,451 $44,261,065 Gen’l m e r’d ise. 220,771,785 242,027,521 270,987,100 187,297,511 T otal 28 weeks. $290,640,755 $30=»,212,701 $349,699,551 $231,558,576 THE CHRONICLE 100 The imports of dry goods for one week later will be found in our report of the dry goods trade. The following is a statement of the exports (exclusive of specie) from the port of New York to foreign ports for the week ending July 17 and from January 1 to date : EXPORTS PROM NEW YORK FOR THE WEEK. F o r th e w eek .. P re v . re p o rte d . 1894 1891. 1892. 1893. $6,272,595 182,979,515 $6,123,627 212,282,214 $8,234,338 184,948,846 $6,298,365 193,780,961 T o tal 28 weeks. *189.252,110 $218,405.841 $193,183,184 $200,079,326 ;g£The following table shows the exports and imports of specie A t the port of New York for the week ending July 14 and since January 1,1894, and for the corresponding periods in 1893 and 1892: EXPORTS AND IMPORTS OP SPECIE AT NEW YORK. Im ports. Exports. Gold. Week. G re a t B r ita in ............ F ra n c e ......................... G e r m a n y « .................. W est In d ie s.............. . S o u th A m erica.......... All o th e r c o u n trie s .- Since J a n .l . $14,588,800 15,357,999 $600,000 27,050,000 50,169 12,040,469 47,205 511,585 851,785 $650.169 $70,447,843 2,000 68,676,475 1,092,950 45,805,863 Exports. T o ta l 18 9 4 ........... T o ta l 1893.......... T o ta l 1 8 9 2 ......... Silver. Week. Since J a n .l . Week. Since Ja n . 1 $1,685,644 6,227,096 1,659,567 1,590 620,147 28,813 22,517 436,636 4,719 84,388 $48,250 $77,076 $10,742,291 8,067,403 968,415 26,469 6,307,520 Im ports. Week. Since Ja n . 1. G e rm a n y ..................... W est In d ie s .............. . M e x ico ........................ S o u th A m erica........... A ll o th e r c o u n trie s.. $460,600 $17,499,451 201,000 139,100 126,816 6,500 37,835 689,856 1,900 36,411 2,100 6,220 11,052 23,846 11 $9,903 99,041 3,409 288,750 153,672 287,642 27,620 T o ta l 1 8 9 4 ....... T o ta l 189 3.......... T o ta l 1892........... $469,000 $18,730,469 941,091 16,671,214 146,758 12,291,790 $43,364 38,123 71,306 $870,037 2,168,937 1,189,608 G re a t B rita in ............. $135 Of the above imports for the week in 1894 $13,614 were American gold coin and $188 American silver coin. Of the exports during the same time $600,000 were American gold coin. New York City Bank Statement for the week ending July 14, 1894. We omit two ciphers (00) in all cases. BANKS. (00s omitted.) gwiir of New York. M anhattan Co____ M erchants’.............. Mechanics’.............. Am erica.................... P henix...................... d ity ........................... Tradesm en’s............ C hem ical....------ . M erchants’ E xch’ge Gallatin N ational... B utohers’& Drov’rs' M echanics’ & T rad’s G reenw ich........... ¿Leather Manufac’rs ¡Seventh N ational... S ta te of New York. A m erican Exoh’ge.. Commerce......... ...... Broadway................ M ercantile............... Pacific___________ R epublic.............. . . . C hatham ........ . . . . . . People’s . . ............ . N o rth Am erica....... H anover........ Irv in g ...................... C itizens’. . . ............... N assau ..................... M arket & P u lto n ... Shoe & L eather.. C om E xchange.. C ontinental......... O riental............ im ppor o rte rs’ & Trad’s Xm Park., East River......... fou rth National.... Central N ational.. .. ¿Second National.... Ninth National.., f i r s t National .... 'Third National----- N.Y. Nat. Exchange B o w e r y .......— New York County.. German-American.. Chase National...... •Fifth A v en u e....... «German Exchange;. Germania......... . United S ta tes.... Lincoln...___ . . . . . . G a rfie ld ........... . . . . . . f ift h National .... Bank of the Metrop W est S id e ....... .... Seaboard . .... .Sixth National........ «Western National., f ir s t Nat., ‘Rr’klvn Southern National.. Nat. U n io n B an k .... Mberty Nat. B an k .. Total... Capital S u rplus Loans, 2. 000. 2.050.0 2.000. 2.000. 3.000. 1.000. 1.000. 760.0 300.0 600.0 1.000. 300.0 400.0 200.0 600.0 300.0 1.200.0 5.000. 5.000. 1.000. 1.000. 422,7 1.500.0 450.0 200.0 7CÜ.0 1.000. 500.0 600.0 500.0 750.0 1.000. 0 1.000. 1.000. 0 300.0 1.500.0 2.000. 250.0 3.200.0 2.000. 300.0 760.0 500.0 1.000. 300.0 250.0 200.0 750.0 500.0 100.0 200.0 200.0 500.0 800.0 200.0 200.0 »00,0 200.0 500.0 200.0 2. 100.0 300.0 5' 0,0 1.200.0 500.0 Specie. Legáis. Deposits. 2.230.0 0 2,060,9 H ,500,0 1,931,3 12,828,0 2.410.0 0 1,018,29,870,61,609,6 1.392.0 0 2,121,3 10,363,0 1.842.0 0 2,249,5 19,365,9 690.0 0465,9 4,458,0 6.747.8 0 2,805,1 21,144,2 383.3 155,6 2,384,1 7,233,2 26,601,0 6.644.0 780,8 161,8 3,714,6 0 1,592,26,335,81.212.0 132.3 273,6 1,601,2 370.0 410,4 2,030,0 136.0 168,1 1,158,8 541.0 546,0 2,960,3 269.6 120,0 1,652,3 91,2 498,1 3,361,7 2,200,0 0 2,291,5 21,492,0 3.018.0 0 3,669,3 22,781,4 0 1,601,35,764,21.033.2 0 1,136,97,896,61.554.5 586.2 470,8 2,022,9 969,8 11,688,1 2.084.5 958,0 5,104,3 1.131.6 220.4 318,2 2,204,2 642,4 5,353,2 1.047.2 4.538.6 0 1,911,0 16,376,9 630.7 345,8 2,664,0 631.6 428,3 2,771,9 589.6 286,0 1,908,6 534.5 793,7 4,818,0 450.0 264.2 3,265,0 0 1,247,26,894,91.625.2 240,9 4,882,0 1.142.9 234.8 419,2 1,802,0 5.652,2 22,268,0 4.349.0 4.808.3 0 3,120,4 25,257,7 130.1 140,6 1,062,3 1,995,7 21,227,3 4.725.9 451.0 0559,0 8,445,0 921.0 566,0 3,866,0 790.7 382,2 3,859,2 7,243,6 24,671,5 3.022.6 0206,0 8,051,6 1,706.8 106.5 133,0 1,364,1 453.0 551,6 2,612.0 862.0 554,7 2,838,1 574.3 302,4 2,337,9 1,135,6 13,702,3 4.788.7 891.1 1,029,5 5,898,6 248.5 604,1 2,653,4 470.5 602,5 2,883,6 519,9 5,290,1 1.247.8 516.4 5,293,3 1.567.3 840.1 628,i 3,919,8 225.1 316,3 1,798,7 775.7 719,2 4,820,0 247.0 294,5 2,331,0 982.0 240,1 4,299,0 279.0 343,4 1,664,0 190,7 11,117,9 1.901.0 863,3 4,488,0 1.184.0 152.4 683,4 2,102,7 259,8 7,411,0 1.092.0 256.5 81,6 1,396,6 $ 5.500.0 3.597.0 3.639.3 2.304.0 6.713.7 1.896.0 5.540.0 271.8 9.351.4 799.6 2.077.8 477.8 755.0 198.1 619.7 294.6 411.1 5.131.0 6.421.8 1.035.4 1.549.0 1.042.4 3.397.4 2.023.4 767.7 1.167.0 5.565.0 606.1 542,5 933.2 950.3 1.048.0 2.641.0 2.035.6 467.4 8.286.0 4.838.8 267.1 2,769,1 6.999.0 2.390.0 906.9 3.770.8 1.589.0 247.2 500.0 431.1 1.064.9 1.717.7 1.171.0 667.5 448.9 649.6 1.285.0 628,5 306.8 1,624,3 732.0 895.0 425.0 1.089.1 538.0 694.0 1.391.7 492,4 $ 18,370, ( 15,879,( 13,287, i 10,637,( 23,844,1 5.608.Í 29.588.7 2,428,1 35.275.0 4.514.0 7,111,3 1.754.6 2.605.0 1.139.1 2.946.0 1.966.2 2,455,9 20.317.0 22.916.4 5.949.7 8.697.2 3.427.1 15,028,3 6.791.3 3.444.0 6.177.8 23.675.7 3.127.0 3.497.8 2.939.0 5.098.2 4.242.0 9.761.0 7.589.8 1.890.1 29,000,0 30.708.5 1.045.0 24,865,9 14.148.0 6.490.0 4.841.1 24.454.7 10.137.8 1.304.7 3.048.0 3.721.9 3.095.7 18.512.9 6.851.3 3.081.3 3.628.9 6,587,5 7.170.9 5.074.8 2.004.0 6.682.0 2.845.0 5.548.0 1.736.0 11.760.0 5.105.0 2,158,7 8.456.4 1.683.4 6Î7622J 72,1*5,8 482,730,2 90,835,011304875 589,524,5 [V o l , i IX . New York City, Boston and Philadelphia Banks : Ba n k s . N . Y o r k .* •Tune 1 6 ,... “ 2 3 .... “ 3 0 ... J u ly 7 . .. . “ 1 4 .... B o s to n .* J u n e 30 ... J u ly 7 ... I 1 4 ... P h ila .* J u n e 30__ J u ly 7 __ “ 1 4 .... Capital & Surplus. Loans. Specie. $ $ $ 131.727.1 131.727.1 131.727.1 133.768.5 133.768.5 465,733,6 468.283.4 470.044.1 483.753.5 482.730.2 Legal». Deposits, t Oirc’Vn Clearings. 99,889,6 98,462,9 92,486,4 91.223.0 90.835.0 $ 1191079 1213016 1256514 1280613 1304875 $ 570.483.7 573.636.5 573.337.8 588,698,3 589.524.5 $ 9.823.0 9,739,6 9.688.0 103347 101188 $ 443.983.9 428.335.6 414.364.7 468.561.9 448.776.7 69.351.8 174.140.0 11.208.0 10.185.0 170.326.0 7.225.0 71.133.3 69.351.8 174.395.0 10.856.0 10,0u3,0 174.017.0 7.191.0 84.477.3 69.351.8 173.620.0 11.010.0 10.186.0 171.909.0 7.207.0 83.832.8 38,6 96.0 37.8 78.0 37.9 84.0 35.810.3 106.024.0 35.810.3 107.700.0 35.810.3 108.868.0 * We omit two ciphers in all these figures, delphia the item “ due to other banks.” 116.290.0 4.840.0 116.626.0 5.045.0 123,669,0 5.121.0 53.535.8 65 242 0 58 438,3 t Including for Boston and ‘‘•" is — T h e A tc h is o n P r o te c tiv e R e o r g a n iz a tio n C o m m itte e , o f w h i c h t h e H o n . T h e o d o r e W . M y e r s is c h a i r m a n , p r o p o s e t h a t th e s to c k h o ld e r s a n d s e c o n d m o r tg a g e b o n d h o ld e rs c o -o p e ra te w ith e a c h o th e r f o r th e p re s e r v a tio n o f th e e q u itie s o f w h ic h t h e y a r e j o i n t o w n e r s , a n d to a v o id t h e is s u e o f a la r g e a m o u n t o f n e w s e c u ritie s . T h e c o m m i t t e e h a s t a k e n s t e p s to a s c e r ta in th e e x a c t fin a n c ia l c o n d itio n o f th e c o m p a n y a n d p ro p o se in c a r r y in g o u t t h e i r p la n to o b ta in th e b e 3 t e s ti m a te p o s s io le o f th e n e t e a r n in g s o f th e s y s te m u n d e r v a r y in g c o n d itio n s . T h e p l a n o f t n e c o m m i t t e e is s t a t e d a t l e n g t h i n o u r a d v e r t i s in g c o lu m n s . —Messrs. H. Amy & Co. invite the attention of investors to the first mortgage 7 per cent gold bonds of the San Juan Smelting & Mining Company. The business of the company is that of smelting exclusively. Over $1,000,000 have been spent upon the property, which is situated at Durango, one of the most important smelting points in Colorado. Further particulars will be found in the advertisement in another column and in the circular of Messrs. H. Amy & Co. The bonds are offered at par and interest. —Southern railway securities are reported as quite active this week. Mr. F. J. Lisman, No. 80 Broad Street, quotes the preferred stock 34 bid, offered at against 32^@3'2% last week. The new bonds, with all coupons attached, close at 78@78)^, and have sold as high as 79, asainst 75^@76 last week. Mr. Lisman says that probably 6,000 shares of stock and $300,000 bonds have changed hands during the week. —Messrs. Emerson McMillin & Co., 40 Wall Street, have issued a small pamphlet giving some reasons why gas securi ties are safe investments. The investments in gas properties in the United States represented by stocks and bonds aggregate some $400,000,000. Of this large total it is said there were not to exceed half a dozen plants, with aggregate capital invest ment of less than $500,000, placed in receivers’ hands. —The American Express Company are issuing travelers’ checks which can be obtained at any of their offices. These checks are issued for fixed amounts of $10, $20, $50 and $100, with the equivalent printed on the check in the money of the principal European countries. The company have issued a pamphlet showing the advantages of these checks. —The attention of investors is invited to several issues of first mortgage railroad bonds offered for sale by Messrs. Kid der, Peabody & Co., Boston. See advertisement. —Messrs. Lee, Higginson & Co., Boston, offer in another column, an attractive list of bonds, railroad and municipal issues. Auction Sales.—Among other securities the following, not regularly dealt in at the Board, were recently sold at auction: By Messrs. R. V. Harnett & Co. : Shares. 10 R eal E s ta te E x ch an g e & A uction Room , L im .... 71% Shares. 232 C hatham N at. B a n k .......364 1 Mem. N. Y. P roduce Ex. $480 By Messrs. Adrian H. Muller & Son : Shares. E m p ire C itv E ire Ins.C o. 66 *a 10 B roadw ay & 7 th A venue RR. Co . . .........................1 8 4 78 M erchants’ E x . N at. B k . l i e 1« 25 U n ited S tates M ort. C o..165 M erch an ts’ N at. B a n k ..135 20 T h ird A venue R R . C o...1 8 1 3 s Corn E x ch an g e B a n k ...289 7 B aiti. (Md.) D ry Dock B ank of N o rth A m erica. 156 C o........................ ...$ 2 p e r sh. 6 C entral N a tio n al B an k .. 122 100 T he Log M ountain Coal, 10 L aw y ers’ T itle In s. Co. Coke & T im ber Co.$1,100 lo t (ex-div.).........................-.135 5 C e n tral T ru st C o . . . . . . . . 1005 5 U n ited S tates T ru s t Co..845 . 10 10 13 4 4 S a t x & t u f l a tx d S i t x a t i c i a L S pencer T r a sk St C o . , BANK ERS, NEW YORK. 10 WALL STREET, State and James Streets, Albany. Bonds and Stocks Bought and Sold on Commission. Dealers in State, City and Railroad Bonds. Correspondence invited. S am uel D . D a v is BANK ERS, & C o ., NO. 40 W ALL ST ., NEW YO R K . S amuel D. D a v is . Chas . B. V an N ostrand. J uly THE CHRONICLE." 21, 1894. J The following were the rates of domestic exchange on New York at the under-mentioned cities to-day: Savannah, buying par, selling % premium; Charleston, buying par, selling % premium; New Orleans, bank $1*25 premium; commer cial 50c. premium ; Chicago, 10c. per $1,000 premium; St. Louis, 50c. per $1,000 discount. x t j a n k e r s ' (g a z e tte * DIVIDENOS. N am e o f Company. Per When dent. Payable. R a ilro a d s. B oston & M aine com . (q u a r.).... B ur. c e d a r R apids & N o rth e rn .. B ooks Closed. (D a y8 inclusive.) Aug. 15 Ju ly 1 Ju ly l 1® Aug. 1 % On dem. 2 1® Sept. 1 A ug. Aug. 1 J u ly 3 1% 21 to J u ly 24 19 to J u ly 31 Illin o is C e n t r a l .............................. M ahoning Coal, c o m m o n .......... T ru st C om p anies. S ta te ................................................... 3 B an k s. G erm an -A m erican ......................... 3 H u d so n R i v e r ................................ 3 Pacific ( q u a r.)................................ F ire In su ra n ce . H o m e ..................... . ....................... 5 5 R u tg e r s ............................ W e s tc h e ste r................ ........ . W illiam sburg City (B rooklyn).. 10 M iscellan eou s. P en n sy lv a n ia Coal (quar.).......... 4 P u llm an ’s P a lace C ar (q u a r.).. . . 2 W’m sb u rg G as of B’tl y n , (q a a r). l 1® 10 to Sept. 2 24 to Aug. 1 A u¿, Aug. Aug. Aug. J u ly 22 to Aug. 1 On dem. Aug IS Aug. 1 On dem . ---------- t o ---------Aug. 1 J u ly 21 to A ug. 1 Aug. 15 Auk. 2 to Auk. 15 J u ly 23 J u ly |15 to J u ly 23 WALL STREET. FRIDAY, JULY 30, 1894—5 P. M. S u rp lu s reserv e 1894. J u ly 14. D ifferen’sfrom Prev. week. 1893. J u ly 15. 1892. J u ly 16. $ 61,622,700 72.145.800 482,730,200 10.118.800 589.524.500 130.487.500 90,835,000 221.322.500 147,381,125 $ $ 60,422,700 71,594,800 413,499,800 5,896,300 394,174,000 62,263,900 32.005.500 94,274,400 98.543.500 $ 60.372.700 68.260.700 482,436,000 5,556,500 523,862,600 90,099,600 61,073,200 151,172,800 130,965,650 73,941,375 I n c . 1,806,650 Df.4269,100 20,207,150 D ee.1,023,300 Dec. 215,900 I n c . 926,200 In c .2,426,200 Deo. 388,000 In c .2,038,200 I n c . 231,550 Foreign Exchange.—The light demand for foreign bills early in the week was readily supplied by bankers’ drafts, and prices were about steady. More inquiry has since been noticeable, and as the supply of commercial bills continues limited, quotations have advanced and gold is going out as a consequence. There has been some talk of moderate selling H securities for London account. Shipments of gold for the «tfeek amount to $3,300,000, including $2,500,000 to-morrow. To-day’s actual rates of exchange were as follows: Bankers’ sixty days sterling, 4 87%@4 87%; demand, 4 88%@4 88 %; cables, 4 88%@4 88%, /z Posted rates of leading bankers are as follows : J u ly 20. Prime bankers’ sterling bills on London.. Prime commercial______ Documentary commercial_______ Paris bankers (francs).................... Amsterdam (guilders) hant-Ars___ Frankfort or Bremen(reichmarks)b’nVers S ixty Days. 4 4 4 5 United States Bonds.—Government bonds were more Jin demand early in the week and were readily taken at advanced prices. Insurance companies are reported to be buyers as well as investors of trust funds. Sales have been made on the Board of coupon 5s at 118%, 119 and 119%; registered 5s at UHM, coupon 4s at 114% and 114%, and registered 4s at 114 and 114%. Closing quotations to-day are as follows : 1 J u ly 26 to Aug. 1 1 J u ly 20 to Aug. 2 1 J u ly 18 to J u ly 31 The Money Market and Financial Situation.—Business for the week has been dull. The opening carried hopes of a better condition soon, as disturbances in the West had largely subsided and a speedy adoption of th^ tariff bill looked quite possible. On Monday the market was strong and prices generally higher; the transactions were reported to be larger than on any single day for more than a month. But as the week advanced news from Washington that the conference com mittee could not agree upon the tariff and that there was the possibility of a deadlock, had a discouraging effect, as there is little hope of a revival of business in either commer cial or financial circles until the tariff question is settled in some way. The railroads have had a very hat 1 .ime, first with the long coal strike and then with the boycott m ale under the Debs orders, and their earnings have suffered greatly. No surprise need be felt ii the June and July earnings make a very poor exhibit, but the best that can be said is that these losses are from temporary causes, and that they cannot affect the ultimate prosperity of the roads. The open market rate for call loans during the week on stock and bond collaterals has been 1 per cent, all the busi ness being at that figure. To-day rates on call were 1 per cent. Prime commercial paper is quoted at 3 to 8% per cent. The Bank of England weekly statement on Thursday showed an increase in bullion of £8,£51 and the percentage of reserve to liabilities was 66*06, against 65*91 last week; the discount rate remains unchanged at 2 per cent. The Bank of France shows an increase of 11,625,000 francs in gold and 1,050,000 francs in silver. The New York City Clearing-E ouse banks in their statement of July 14 showed an increase m the reserve held of $2,038,200 and a surplus over the required reserve of $73,941,375, against $72,134,725 the previous week. C a p ita l.................. S u r p lu s .............. L o an s & disc’n ts . C ir c u la tio n ....... N e t d ep o sits....... S p ecie................... L eg al te n d e rs . . . . R eserv e h eld ....... L eg al re s e r v e ..._. D em and. 87% ®4 88 4 89 86% ®4 87 86 ®4 86 % 17%®5 1678 5 155s®5 15 403 i 8®40% 4038®40718 953g®95% 95% ® 95 78 101 Interest J u ly Periods 14. 2 s, ........................ reg. 4s, 1 9 0 7 ... . . ....r e g . 4 sr 1 90 7 ______ coup. 5s, 1904...............re g . 5s, 1904............ coup. 6 s, o u r’cy,’9 5 ....r e g . 6 s, e u r’ey,’9 6 ....r e g . 6 s, o u r’cy,’9 7 ....r e g . 6 s, o u r’ey ,'9 8 .._ .reg . 6 s, e u r ’oy,’99 ___reg. J u ly 16. Q.-Mch. * 96 * 96 Q .- J a n . "1135s *11358 Q .-Ja n . *11358 *113% Q.- Feb. *xl7% *117!® Q .-F eb. 1181® 119 J . & J . *10 1 *10 1 J . & J . *104 *104 J . & J. *107 *107 J . & J . *109 *109 J . & J . *112 *112 J u ly 17. J u ly 18. J u ly 19. J u ly 20 . * 96 114% *114 118% 119% * 96 *114 *114% *118 *119% * 96 *114 *114 *118 *119% * 96 *114 114% 118* *1193* *104 *107 *109 *104 *107 *109 *10 1 *104 *107 *109 *112 *10 1 *112 *Thls is the price bid a t th e morning board; no 11 *101 *112 *10 1 1 *104 *107 *10 » *112 * <rv made. United States Sub-Treasury.—The following table shows receipts and payments at the Sub-Treasury. P aym ents. 14 16 17 18 19 20 $ 2,342,646 3,035,053 3,205,286 2,843,070 4,055,123 3,265,453 T o ta l 18,746,631 Ju ly P “ “ “ “ Coin. $ $ 3,562,106 80,638,088 3,036,979 80,501,395 4.030.449 80,520,091 1,922,871 79,796,032 3.046.449 78,473,500 3,148,052 76,974,694 B alances. Coin Cert’s. C urrency. $ 1,597,742 1,813,574 1,717,316 1,889,047 2,215,229 2,138,661 $ 52,915,146 52,834,090 52,086,441 53,558,968 55,563,992 57,256,768 18,746,906 Coins.—Following are current quotations in gold for coins: Sovereigns............$4 87 N apoleons............ 3 88 X X R eichm arks 4 80 25 P e s e ta s .......... 4 80 Span. D enbloons.15 55 Mex. D oubloons. 15 55 P in e gold b a rs . . . . p a r @$4 91 P in e silv er b a r s .. — 62% ® — 631® @ 3 95 F ive f r a n c s ....... — 90 ® — 95 ® 4 90 M exican d ollars.. — 50%® — 52 ® 4 90 Do uncom ’c ia l.. ------® — ____ ®15 75 P eru v ian sols....... — SO1®® — 52 ®15 75 E nglish s ilv e r___ 4 80 ® 4 90 @% prem . U.S. tra d e d o llars — 55 ® — 65 State and Railroad Bonds.—The light sales of State bonds have included $10,0U0 North Carolina 63 at 125 ; $3,500 Louisiana con. 4s new at 95 and 96 ; $5,000 Tennessee redemp, 4%s at 106; $5,000 Tennessee settlement 3s at 79 and $55,000 Virginia funded debt 2-3s of 1991 at 58% and 58%. Railroad bonds have been more active, ahd for a few days it looked like an advance in several issues, among which were Richmond Terminal 5s and 6s, Northern Pacifies, Union Paci fies, Atchisons and Phila. & Readings, but afterward the tone of firmness gave way to an easier feeling. To-day there was a large movement in Atchison bonds at declining prices. The 1st 4s sold to the extent of $317,000, closing at 73%, and of _ the 2nds, class “A,” $377,000 were sold, the last price being 73%; part of the selling seemed to be for foreign account. It is plain that the prices of many of the bonds in default depend from week to week on the varying phases of the several reorganization plans, while it may be said as a general rule that bonds are kept down by the recent small earnings on their respective roads. The Richmond Terminal bonds are dealt in freely at steady prices, on the prospect of an early completion of the reorganization of the old R. T. Company. Railroad and Miscellaneous Stocks.—The firmer tone and greater activity which prevailed on the Stock Exchange Monday, and to some extent on Tuesday, has given way to apathy and consequent dulness. Industrials are still promi nent and the trading in them has amounted on some days to fully two-thirds of the whole business. Am. Sugar has fluctu ated as usual but held up remarkably well under the circum stances, closing at 101%, against 99 last week; and it is gen erally believed that the company will be able to earn divi dends whether refined sugar has special protection or not. Chicago Gas has declined upon the granting of a charter to a new company by the Chicago City Council, and closes at 75% against 76%. Distilling & C. F. weakened under changes talked of in conference committee as to whiskey and reported heavy inside selling of the stock. It closes at 19%, against 22% last week. Railroad stocks have remained fairly steady without much variation from former quotations. I t is thought that losses of Western roads by the strike will prove to be less in most cases than was expected, and the loss of earnings, however large for the few weeks, was a tem porary matter, and quite different from any difficulty reach ing into the distant future. The heaviest trading has been in St. Paul, which closes at 59%, against 69 last week; C. B. & Q. closes at 75%, against 75; Atchison at 3%, against 5%; R&ading at 17%, against and Pullman at 159, against? 158%. Among the “unlisted” not mentioned above, American Tobacco closes at 86. L. I. Traction at 14% and U. S. Leather has come into notice, closing at 10 for common *>nd 57 for the preferred. * j L02 THE CHRONICLE, N E W Y O R K S T O C K E X C H A N G E — A C T IV E STOCKS fo r week ending J U L Y [V o l . L lX . 2», and since JAN. Sales of th e Week, Shares. H IG H E S T AND LOW EST PR IC E S. S a tu rd a y . J u ly 14. M onday, J u ly 16. T uesday, J u ly 17. W ednesday, T hu rsd ay , J u ly 18. J u ly 19. F rid a y , J u ly 20. STOCKS. 1, 1894. R ange fo r y e a r 1894. L ow est. H ighest. . A c tiv e R R , S to c k s . 3% J u ly 20 16 M ar. 14 3 % 4% A tchison T opeka & S a n ta F e 11,495 4% 5% 4% 534 5% 5% 5% 5% 5% *7 q 11* *7Q 11« 1% M ar. 28 % Jan . *% 1 1% .................... A tla n tic & P acific..................... •% 1,100 67 Ja n . 81% A pr. 6 *72 73% B altim ore & O h io , 72 72% 73% *72% 73% 72 72 72 *71 72 73% J a n . 18 310 62% Ju n e 11 *65 66 x63% 63% C anadian P a c if ic ............ 65% 65% *65% 65% 66 *6413 65*2 66 350 47 Ja n . 52% M ar. 31 49 C anada S o u th e rn .................... 49% *48% 49% *48% 49% 49 *49 49% *48% 4934 49 701 117% M ar. 8 104 M ay 31 10834 10»34 *105 106% 106% 106% 106% 106% 10634 106% 107% 107% C e n tral of N ew J e rs e y _____ 950 16 M ay 21 20% A pr, 7 16% 16% 16% 16% 16% 16% *16% 17 C hesapeake A O h io ................. *166s 1733 lb % 17 142 J u ly 5 130 Feb. 12 *140 142 Chicago & A lton ................... . 140 142 140 142 140 142 140 142 *140 142 84% M ar. 21 75 7538 75% 765g 75% 76% 75% 76% 7534 75% 75% 7 6 _ Chicago B u rlin g to n & Quincy 33,310 73% J a n . 52 J u n e 55 Feb. 27 .................... Chicago & E a s te rn Illin o is ... 93 M ay 23 97 Ja n . 18 ............... Do p re f. 45,680 65% A pr. 6 54% Ja n . 59 59% 58% 59% Chicago M ilw aukee & St. P au l 60% 59% 60 59% 60% 59% 60% 60 123% M ar. 13 446 116 Ja n . 119 Do p re f. 118% 119% 119 119% 118 118 *118 *119 119% 119 119 1,226 110% J u n e 7 97 Ja n . 105 IO 534 105 105 Chicago & N o rth w e ste rn . 105% 106 1056a 1055g IO 534 105% 105 105 145 A pr. 9 135% Ja n . 143 Do p re f. '140 143 *140 140 143 140 143 140 143 *140 143 9,500 72% Apr. 7 61% Ja n . 67% 67% 67% 68% 67% 683s 67% 67% 6734 67% 67 % 67% Chicago R ock Isla n d & Pacific 4 l% A p r. 7 2,225 32% J a n . 36% 36% 36% 36% 36% 36% 36% 36% 36% 36% 35% 36% Chicago St. P a u l M inn. Æ Om. 116 A pr. 10 109% Ja n . 118 Do p ref. 113 116 *114 113 116 113 116 *113 116 '114 117 905 31 J a n . 10 41% M ar. 19 37% Cleve. Cincin. Chic. & St. L ... 37% 37% *36% 37% 37 37 36% 37 36% 36% *35 20 78 J a n 18 88 M ay 12 85 85 Do p re f. *75 85 *75 85 * ......... 85 230 15% J u ly 11 20% M ar. 31 17 Colum bus H ocking Val. & Toi 15% 16% 16% 17 15% *15 *15 15% *1534 15% *15 110 57% M ay 23 66 J a n . 12 *60 66 Do p ref *60 66 60 60 *60 66 60 60 *60 66 2,172 126% J u ly 144% Apr. 7 130 131 130% 130% 130% 130% 130% 130% *130 130% D elaw are & H u d s o n ............ . 129% 130 5,752 158 M ay 21 170% Ja n . 16 163% 163% 163 164 163 163% D elaw are L ack aw an n a* W e st 160% 164 163% lb4% 163% 164 11% A pr. 16 9% J u n e .................... D enver & R io G r a n d e .............. 450 24 J u n e 22 34% A pr. 11 27 Do p re f. 26% 26% 26% 26% 27 27 27 *2734 7 J u ly 16 960 ||% Ja n . 19 6 % 6 % *6% 7% E.T.V a.& G a.,cert. 3 d a s s ’tp d . 6% 7 7 7 7 ■*6 7 7 100 1 1 % J u n e 23 13% J u n e 22 *13 14 *12% 14 *12% 14 Do 1 st pref., cert. 3d ass’t pd. 12% 12% *13 *11 15 13 9 J u ly 17 650 4% M ar. 28 *9 934 *8% 9% Do 2d pref., cert. 3d ass’t pd. 834 8% 9 9 9 9 *7 9 200 51 J u ly 17 68 A pr. 20 *51 55 *......... 53 E van sv ille & T erre H a u te ___ *51 55 51 *51 53 55 106 A pr. 9 100 Ja n . *99 102 G reat N o rth ern , p r e f .............. '100 104 100 104 *100 104 100 *100 104 104 95 M ar. 29 817 89 J u ly *90 91 Illinois C e n tra l......................... 90% 91 91 *89% 90% 90% 90% 90% 90% *90 11% A pr. 3 310 6 Ja n . *9 9% Iow a C e n tral.............................. *9 9% 934 934 9 9 *9 9% 934 934 39% A pr. 9 170 23% Ja n . 35 Do p ref. 34% 34% *32 *31% 35 33 33 33 33 *31 33 17% M ar. 30 13% Ja n . 12 *15% 16% L ake E rie & W e s te rn .............. *15% 16% *15% 16% *15% 16% *15% 16% *15% 16% 20 63 Ja n . 70 M ar. 31 Do p re f. *65% 68% 6734 6734 *65% 68% *65% 68% *65% 67% *65% 67% 3,090 118% J a n . 133% J u n e 20 130 130% 12934 129% 130% 130% 129% 130% 129% 130% L ake Shore & Mich. Southern 130 130 150 87 M ay 22 100 Ja n . 2 *86% 89 Long Is la n d ............................... *86% 89 *86% 89 89 89 88 88 *86% 88 8,523 40% J a n . 12 52% M ar. 31 45% 46% 45% 45% 45% 45% L ouisville & N ashville............. 45% 46% 4634 46% 45% 463j 10 Ja n . 22 410 6 Ju n e *734 7% *7 7% Louisv. N ew Alb. & Chicago. *7 8 7 7 7% 7% 7 7 40 J a n . 6 1,520 19 J u ly 25% 26% Do p re f. 26% 2334 25 *21 24 24 24% 24% 26% 25 l% A p r. 2 1% Feb. *1% 5 *1% 5 *1 % 5 L ouisville St. L ouis & Texas. *1% 5 *1% 5 *1% 5 2,090 113 M ay 23 127% A pr. 26 116 116% 115% H 6 % 115% 116% M a n h attan E lev ated , consol.. 115% 116 117 117 *115 116 16 95 J u n e 29 100% Feb. *93 95 M ichigan C e n tral................ . 94 96% 94 *93 96% 93 96% *93 *93 95 4 Ju ly 14 13% Apr. 1,580 *4 % 5 M inneapolis & St. L., tr . rects *4 5 4% 4% 4% 5 4 5% 5% 534 1,700 15% J u ly 20 38% Apr. 16 16 15% 15% Do p ref. .tr. rects. *15 20 18 20 20 2 18 18 12 J u n e 23 16% Apr. 500 13% 13% *1 2 % 13% M issouri K an sas & T e x a s__ *13% 14 *13% 14 13% 13% *13% 14 1,060 18% J u n e 25 27% A pr. Do pref. *20% 21% 20% 21% 21% 21% 21 21 21 *20% 21 21 % 16,094 18% J a n . 5 32% A pr. 27 25% 26% M issouri P acific........................ *26% 26% 26% 27% 26% 2734 26 26% 27 15% J a n . 3 22 M ay 15 *18 20 Mobile & O hio............................ *18 20 *18 20 *18 20 *18 20 *18 20 70 Ja n . 19 74 A pr. 18 20 .................... N ashv.C hattanooga& St. Louis 66% 66% *65 75 *65- 75 4,322 95% M ay 24 101% M ar. 30 97% 97% 97% 98 New Y ork C e n tral <fe H udson. 97% 97% 97% 98 97% 97% 97% 9 ,% 13% M ay 22 16% A pr. 9 14 14 *13% 14% *12% 14% *12% 14% *12% 14% New Y ork Chicago & St. Louis *12% 14 64 M ay 21 75% Feb. 3 *60 68 Do 1 st p re f *60 68 *60 68 *60 68 *60 68 *60 68 34% Apr. 2 26 J u ly 12 8 28% Do 2d p re f. 28% *25 28% *24 26 26 *25 28% *25 *25 28 1,000 11% Ju n e 25 18% M ar. 28 *13% 13% N ew Y o rk L ak e E rie & W est’n 14% 14% 14% 14% *14% 14% 1434 1434 13% 14 39% M ar. 27 25% M ay 21 10 —............. Do p re f. 31 31 9 1 0 ||3% May 19 14% J a n . 23 tl4 14% New Y ork & N ew E ., tr. rects 9% 9% : 934 195 M ar. 15 178 J u ly 11 7 4 177 183 177 183 New York N e w H a v e n & H a rt. 181% 182 182% 182% 180 180 *177 1 8 3 6 A pr. 26 5% M ay 24 .................... New Y ork & N o rth ern , p r e f .. 17% A pr. ff 9 8 2 14 J u n e 25 15% 14% 15% 14% 14% |New Y ork O ntario & W estern 14% 14% 15% 1534 1534 1534 15 16% M ar. 14 7 6 0 13% J u ly 1434 14% 14% 14% *1434 14% 14% 14% |New Y orkSusq. & W est., new . 14% 14% *14% 15 46% M ar. 5 36 M ay 21 407 41 41 Do p re f. 41 4 j % 41 *39% 40 40 40% *40 *39% 40 7% A pr. 3 4 J u ly 3 400 4 4 N orfolk & W estern ................... 4% 4% 4% 4% 3% 3% 4 4 60 17% Ja n . 19 26 A pr. 9 *19 19% Do p ref. 20 20 *19% 20% *19% 20% *1934 20% * 1 9 % ......... 6 % M ar. 20 6 0 3 3% J u n e 22 *3% 4 N o rth ern P a c if ic ..................... *3% 3% 3% 4 4 4 4 4 3% 3% 4 ,0 9 5 12% M ay 21 23% M ar. 30 14 Do p ref 14% 14% 13% 1414 14 14% 14% 14% 1514 14% 15 20 Ohio S o u t h e r n . . . . . . . .............. *20 40 *20 40 *20 *20 .4 0 40 *20 40 30 10 Ju n e 20 30 Mar. 7 12 12 Oregon R ’y & N avigation Co. *12 20 *12 20 *12 20 *12 20 *12 20 4% Ja n . 2 10% A pr. 0 100 *4% 6 O regon Sh. L in e & U tah N orth *4% 6 5 5 *4% *4% 6 6 *4% 6 5% M ar. 31 3 Ju n e 23 150 *2% 3% P eo ria D e c a tu r & E van sv ille. 3% *2% 334 *2% *3 3 3 *3 3% 3% 14% May 21 23% M ar. 14 15,540 16% 17% P hiladelphia & R e a d in g ......... 17% 17^ 17% 17% 17% 17% 17% 18% 17% 17% 15% Apr. 6 325 1 0 bj Ju ly 12 *10% 12 P ittsb u rg Cinn. Chic. & St. L . 11 11 10% 10% 10% 10% *10% 11 10 % *10 420 42 Ju ly 20 53 A pr. 7 42 42 Do p ref. 42 42% *40 42% 42% *42 42% 42 *42 43 12% J u ly 18 12% 12% 1 1 % 1 2 % R.&W.P. T er.,tr. r.4 th a s s t.p d 23,400 112 Ja n . 15 12 % 12% 12% 11% 11% 11% 12% 12 1,080 1 2 % Feb. 7 18 % A pr. 6 *17 18 Do pref. tr. re c ts. 17% 17% 17% 17% 17% 17% 17% 18 17 17 15 Feb. 1 15 Feb. 1 .................... Rio G ran d e W estern......... ....... ..................... Do p re f. 5% A pr. 5 4 Ja n . 4 *3% 4% St. L ouis S o u th w e ste rn ._____ *3% *3% 4% *3% 4% *3 5 *3% 4% 7 Ju ly 1 1 11 A pr. 5 *7 8% Do p re f. *7 8% *7% 8% *7 8% *7 8 *7% 8 2 2 % Ja n . 18 27 Apr. 23 *22 26 St. P a u l & D u lu th ..................... *22 26 22% 26 *22 26 *22% 26 *22% 26 88 Ja n . 8 95 M ar. 29 *85 95 Do p re f. *85 95 *85 95 87 95 *87 95 *87 95 200 100 Ja n . 6 L07 M ay 5 102 102 *101 104 St. P a u l M inn. & M a n ito b a ... 102% 105 104 104 101 101 *100 103 17% J u ly 10 25 M ar. 14 1,600 17% 18 S outhern Pacific Co................ . 18% 18% 18 18 18% 18 17% 17% 17% 18 7 Ja n . 2 10% Apr. 5 1,10 0 8 % 8 % T exas & P acific......................... 8% 8% 8% 9 8% 9 *8% 9% *8% 9 3% Ju ly 10 11% Apr. 3 100 4% Toledo A nn A rbor & N. M ich. *4 *4 . 4% 4 4 *4 4% 4% *4 *4 4% 34% J u ly 2 38 Ja n . 30 35 Toledo & Ohio C e n tral............ *34 *34 35 *34 *34 35 35 35 *34 *33 35 75 Ja n . 2 75 Ja n . 2 45 75 Do p re f. *69 *69 75 '69 65 75 75 69 *69 75 65 3,2 ti3 9 Ju n e 25 22% Mar. 31 10% Union P acific............................ 10 10 10% 10% 10 *10% 11% 11% 11% 10 % 11 6 % M ar. 29 3% Ju n e 27 *3% 4 Union P acific D enver & G ulf. *3% 4 *3% 4 3% 4% *3% 432 *3% 4% 8 % Apr. 6 5% Ju ly 10 300 6 % W abash............ .......................... *6 6% 6% 6% *6 6% *5% 6% 6% *6 6% 18% Apr. 9 1 2 % Ja n . 2 1,722 14% Do p ref. 14% 14 14% 14% 1434 14% 14% 14% 14% 14% 14 9% May 18 13% Apr. 6 1,160 10% 10% W heeling & L ake E rie ............. 10 % 10% 10% 10% 10% 1034 1034 10% 10% 10 2 51% Apr. 41 Ju ly 10 1,235 Do p re f. 42% 42% 42% 42% 43% 43% 42% 43% 41% 42% 42% 43% 8 % A pr. 2 3% J u ly 20 743 3% 3% W isconsin C e n tral C om pany. 3% 3% 3% 3% *3% 4 4 4 4% 4% M is c e lla n e o u s S to c k s . ' 32% M ar. 30 1,390 26% M ar. *26% 27% A m erican C otton Oil Co......... 27 *26% 27% 27 *26% 2734 26% 27% 26% 27 76 M ay 3 56 63 Ja n . 70 Do p re f. 70% 69% 69% *68% 69% 70 70% *69 70 70% *69 109% M ay 4 264,404 75% Feb. 101 102% A m erican S ugar R efining Co. 1 0 L%103 99% 102% 9 9 3 4 10 1 % 98% 99% 99% 102 97% M ay 5 79% Ja n . 94% 94% Do p re f. 1,888 94% 95 94% 94% 94% 95 91% 94% 9434 94% 94% A pr. 12 69% Ja n . 85% 86 A m erican Tobacco Co............. 3,885 86 86% 86 86% 86 8614 8 8 % 8884 x85% 8 7 101 102 Do p re f. 204 91% Feb. 16 105 J u n e 25 102 102 *101 102 101% 102 104 104 *100 103 80 J u n e 25 58% J a n . 3 74% 75% Chicago Gas Co., tr u s t reo’t s . . 63,401 74% 75% 74% 75% 76% 7734 76% 76% 74% 76 5 J u n e 26 13% A p r. 4 7% 7% Colorado Coal & Iro n D e v e l.. 100 *6 7 *6 7 *6 7 *6 7% *6% 7% 27% A pr. 4 21 Ja n . 3 *23% 26 Colorado F u el & I r o n .............. *23% 26 *23 26 *23 26 *24 26 *24 26 2,600 122% Ja n . 29 140 A pr. 20 124 125% 125 125 C onsolidated Gas C o m p an y .. 125 126% 124% 125 125 125% 1 2 5 126 30% Feb. 6 18% J u ly 17 19% 21% D istilling & C attle F eed in g Co 114,345 19% 20% 20 22% 23% 2034 22% 18% 20% 19 9,375 30% J a n . 3 4 5 % M ar. 8 36% 36% 36% 36% 35% 36% G eneral E lectric Co.................. 36% 37 37 7i 3 7 14 37% 3 7 42% A pr. 3 0 22 J a n . 2 *38 38% N atio n al L ead Co..................... 4,565 37% 38 38% 38% 3834 3914 37% 38% 37% 38 68 J a n . 2 88 % Apr. 30 Do p re f. 486 84% 84% 84% 84% 84% 85 84% 85 84% 84% 83% 85 5% M ar. 17 2% J u n e 25 2% 2% N o rth A m erican Co......... . 1,253 *2% 3% 3 3 3 3% 3 3 *2% 3 14 O regon Im p ro v em en t Co___„ 55 11% J u ly 7 17% A pr. 2 12 12 % *12 *11 13 *11 13 *11 13 *11 13 19 Ja n . 30 13% M ay 15 P acific M ail................................ 170 *14% 15% *14% 15% *14% 15% 15% 15% *14% 16 84% 84% P ip e L ine C ertificates............. 26,000 79 J a n . 15 90% J u n e 9 *84 . . . . . . * 8 3 % ......... *84 ......... *84 .......... *84 . . . . 174 A pr. 13 152 J u ly 9 P u llm an P a lace C ar Com pany 2,197 158 158% 158% 158% 158% 159 159% 160 15834 159 159% 161 Silver B ullion C ertificates...................... 64 A pr. 26 67 Ja n . 20 20% Mar* 6 14% J an. 3 1,750 18% 18% 18% 18% 18% 18% T ennessee Coal & I ro n ............. 18% la % 18% 18% 18% 18% Do p r e f ........... - 62% M ay 2 71 A p r. 2 23% J u n e 18 15% M ay 19 5 ,1 3 0 21% 21% U n ited S tates Cordage C o ..., 21% 22 21 21 % 21 % 22 2 2 % 2134 22% 21 343 33 M ay 18 41 J u n e 19 Do p re f. 36% 36% 35% 35% 35% 36% *35% 37% 37% 37% *36% 38 7 5 33% M ay 22 43 A pr. 5 35 35 i 1uited S tates R u b b e r Co....... ■*34 36 *34 36 33 33 *34 36 *33 37 8 ,2 9 4 80% .Tan. 3 87% M ar 6 W estern U nion T eleg rap h ___ 85% 85% 84% 85% 84% 85% 84% 85 84% 84% 84% 84% Dti,, •*These are bid and asked: no sale made. 11Old certificates. 12d assessment paid. J u l y . 21, 103 THE CHRONICLE. 1894.J BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES B r Share P rice s —n o t P er C entu m P rice s. Active Stocks, f In d ic a te s u n listed . S atu rd ay , J u ly 14. Atoll. T. & 8 . F e (Boston).100 A tlan tic & P ao . *f 100Í B altim o re & Ohio (B a lt.).100 1 s t p re fe rre d “ 3 00 2 d p re fe rre d “ 100 B a ltim o re T rao’n .(P h il.). 25 B oston & A lbany (Boston) .100 B oston & L ow ell “ 100 B oston & M aine “ 100 C e n tral of M ass. “ 100 P re fe rre d “ 100 C h ic.B u r.& Quin. “ 100 CMc. Mil. & St. P . (P h il.). 100 CMe. & W. Mich. (Boston). 100 Cleve. & C an to n “ 100 P r e f e r r e d .... “ 100 F itc h b u rg p re f. “ 100 H u n t. & B r. Top. (P hila ) . 50 P re fe rre d “ 50 L eM gh V alley “ 50 M aine C e n tral (B oston).100 M etropolitan T rae. fPA ii; .100 M exican C ent’1(.B o sto n ). 100 N. Y.&N.E, ,tr.rec. “ 100 P re ferred ,tr.reo . “ 100 N o rth ern C e n tral (B a lt,). 50 N o rth ern Pacific (P h ila ,). 100 P re fe rre d ** 100 Old C o lo n y .... (B o sto n ).100 P e n n sy lv a n ia .. (P h ila .). 50 PhU adel. & E rie. ** 50 P hila. & B ead in g *f 50 P h ilad elp h ia T rac. “ 50 S u m m it B ran ch (B oston). 50 U nion Pacific “ 100 Un ited Cos. of N. J . (P hila.) 100 W estem N . Y. & Pa (P hila.). 100 R l l e c e l l a n e o n s S tock.*« Am. Sug’rRefin.fi (Boston) ....... P re fe rre d ......... “ .... S e ll T e le p h o n e .. *• 100 B o st. & M ontana ‘ 25 B u tte & B o sto n .. “ 25 C alum et & H ecla ** 25 C an to n C o . . . . . . . (B alt.J.100 C onsolidated G as “ 100 E rie T elephone (Boston) .100 G en eral E le ctric.. “ 100 P re fe rre d .___ ,.. “ 100 L am son S to re 8er. “ 50 L ehi’h Caal&Nav. 'P h il.) 50 N .Eng. T elephone (Bost’n ) 100 N orth A m erican . (P h il.).100 W est E n d L a n d .. (Bost’n ) ___ * B id a n d ask ed prices; 70 55ie *109 13% 13% 14 206 206 206% *190 146% 147 146 1 1 % *1 0 % 1 1 * 47 76% 75% 76% 60% 60 60% *10 *10 * •50 k 2 69% 70 70 70 70 66 66 *3% 3% 3% 3% 3% 3% *14% 14% *14% 15% *14% 15 180 180 180 180 180 49 49 49% 48% 49% 49 * 20 8 % 89ie 8 % 8*316 8 % 9%. 92% 93% 93% 95 92 93% 6 6 *4% 6 *4% 10 % 10 % 1 1 11 11 11 233 234 233% 233% *233 234 % 1 W ednesday, J u ly 18. 4% *% *70 58i6 Ask. 85% 84 255 260 ......... 4% ......... ....... 53% 50 ......... ......... 127 225 235 ......... 12 13 40 30 84 12% 10 40 30 ......... 65% ......... 68 67 53% 54% ......... 86 5 ......... 2 6 45 4 72 70 ......... ......... 47 47% 77% 78 56 55 14 20 ......... ......... P referred ............ . “ W est J e rs e y .............. (Phila.). W est J e rs e y & A tlan . “ W estern M a ry la n d .. (Balt.). W iitn. Col. & A u g u sta “ 3 W ilm n g t’n& W eldon “ 3 W isconsin C e n tr a l... (Boston). 3 3 P re fe r r e d ............ “ 100 Worc’st.N ash.& R och. “ 115 F rid a y , J u ly 20. Sales of th e W eek, Shares. R ange of sales in 1894. L ow est MISCELLANEOUS. 3% 25 120 iMfc* P ric e includes overdue coupons. Inactive stocks. Bid. A sk. Bonds—Boston, A t.T op.& S.F.100-yr.4g.,1989, J & Jr* 73% 74 2d2% -4s, g., Class A ..1989, A&O * 23% 23% § 82% 8334 B oston U n ited Gas 1 st 5 s .... 59% 2d m ort. 5 s..............................1939 § 59 B url. & Mo. R iv er E x e n p t 6 s, J & J $115 116 §104 106 N on-exem pt 6 s...........1918, J & J 93% P la in 4 s .................. .....1 9 1 0 , J & J § 93 Chic. B url. & N or. 1 st 5,1926, A&O §102 103 2d m ort. 6 s .................. 1918, J& D 5 100 10 1 D ebenture 6 s . . . ..........1896, J& D § 99 100 Chic. B url.& Q uincy 4 s ..1922, F&A § 93 93% 96% Io w a D ivision 4 s ___ 1919, A&O § 95 65 Chio.&W.Mich. gen. 5s, 1921, J& D § 60 86 Consol, of V erm ont, 5s. 1913, J & J § 85 65 C u rre n t R iver, 1 st, o s ..1927, A&O § 60 75 D et. L ans. & N or’n M. 7 s. 1907, J & J * 65 F a ste rn 1 st m o rt 6 g. 1906, M&S §120 1 2 1 Ire e ,E lk .& M .V .,ls t, 68.1933, A&O $124 125 U nstam ped 1st, 6 s , . . . 1933, A&O §123 123% 65 K.C. C.& S pring.,1 st,5g.,1925, A&O § 60 K C. F .S .& M . con. 6 s, 1928, M&N § 77% 79 K.C. Mem. & B ir., 1st, 5s,1927, M&S * 29% 32 §123% K. C. S t. J o . & C. B ., 7 s ..1907, J& J124% 95 L. Rock & F t. 8 ., 1 s t,7 s ..1905, J& J § 75 L ouis.,Ev.& St.L.,1 st, 6 g. 1926, A&O §101 1 0 1 % 2m ., 5—6 g .................. 1936, A&O M ar. H . & O nt., 6 s ....... 1925, A&O l i b i 103 54% M exican C e n tral, 4 g. ..1 9 1 1 , J& J § 54 11 9 1 s t consol.incom es, 2 g, non-cum, 2d consol, incom es. 3s, non-cum . 6 7% N. Y. & N .E ng,, 1 st, 7s,1905, J& J ,*110 1 1 0 % 1 st m ort. 6 s ....... .1905, J& J *106 106% 2d m o rt. 6 s .................. 1902, F&A * 98% 100 Ogden. & L .C .,C o n .6 s...1920,A&O §102 lo3% In c. 6 s .................................. ...1 9 2 0 y. . . . . . 20 R u tla n d , 1 st, 6 s ............. 1 9 0 2 ,M&N § iíó % 2d, 5 s.............................18 9 8 ,F&A ÍlüO Bonds.—Philadelphia A llegheny V al.,7 3-10s, 1896, J& J 104% 105 102 % A tla n tic City 1 st 5s, g., 1919, M&N B elvidere D el., 1 st, 6 s ..1902, J& D 1 1 1 C ataw issa, M., 7 s ......... 1900, F&A 115 ......... Clearfield & Jeff., 1st, 6S.1927, J& J C onnecting, 6 s ......... 1900-04, M&S D el. & f f d B r ’k, 1 st, 7 s. 1905, F&A 128 E asto n & A m . lstM .,5 s. 1920, M&N 108% 116% 118 Ï Unlisted. H ig h est 43,g 4% *% 1 72 *70 3% J u ly 20 16% M ar. 29 3% 4% 15,270 •62*8 J a n . 5 1 1% M ar. 14 *% 1 67% J a n . 4 81 A pr. 9 *70 72 *125 125 J a n . 17 129 Apr. 19 y *113 115 116 *115 22 108 J a n . 31 119 M ay 12 13% 14 3,110 13% J u n e 30 17% Apr. 9 13% 13% 13% 13% 122 198 J u ly 2 212 A pr. 30 206% 206% 206 206% *206 207 191 191 *191 192 *190 54 18278 J a n , 10 191 J u ly 19 147% 149% 148 148 *146% 111 126 Ja n . 15 150 A pr. 17 11 *10 % 1 0 % 1 0 % *10 101 10% J u ly 19 14% M ar. 10 *40 46% 46% 10 46 J a n . 3 49 M ar. U 47 46 75% 76% 75% 75% 75% 75% 11,076 73% J a n . 3 84% M ar. 2 1 59% 59% 58% 59% 10,605 54% J a n . 3 65% A pr. 6 59% 60 10 J u n e 7 25% M ar. 13 *10 *10 *10 15 •50 •45 J u n e 6 •50 Ja n . 3 •50 * 2 * 2 it 2 2% J a n . 16 2 F eb. 24 70 70 70 70 70 70 185 66 % J u n e 1 81 F eh. 7 31% 33% 422 29% A pr. 25 35 J a n . 10 x31% 31% 70 47 M ay 7 52 J u ly 1 1 *49% 50% *50 904 36 M ay 21 42% M ar. 13 37% 37% 37% 37% 37% 38% *112 *112 *110 5 101 J a n . 16 114 A pr. 5 114% 115% 115% 115% 3,043 X96% J a n . 6 122 A pr. 1 2 116 116 5 58 J a n . 2 6% 7 238 9% A pr. 3 • *7 7% 6% 7 140 3% M ay 19 14% J a n . 23 60 24% M ar. 20 41 J a n . 8 *66 67 6 66 J u ly 17 68 % F eb. 23 3% 3% 3% J u n e 23 3% 3% *3% 3% 688 6 % M ar. 21 100 12% J u n e 25 23% M ar. 31 *14% 14% *13% 14% 13% 13% *_____ 180 * 179% 179% 41 170% J a n . 2 180 J u n e 11 180 49% 49 49% 2,535 48 J a n . 5 52% A p r. . 7 49% 49% 49 21% Ja n . 20 28% F eb. 1. *15 *19 21 *18 81316 8i5le 7% M ay 21 11% M ar. 12 8% 8% 8% 8 % 19.401 t83% J u ly 2 115% A pr. 11 93 93% 93% 94% 95 95% 12,538 *4 4% M ay 24 *4% *4% 6% 7% M ar. 5 1 0 % 1 0 % 10 1,929 10 % 10 10 % 9% J u n e 25 22% M ar. 31 *233 234 *233 234 231 231 19 227% Mar. 21 234 J u n e 19 III Hi »ltd. 950 2% J a n . 26 % J u iy 17 A llouez M in g ,asst p d (Boston). 25 •20 •30 A tlan tio M ining____ “ 25 8 8% C ity P assen g er R R ... (B alt.). 25 7 B ay S tate G as.............(Boston). 50 7% B oston L a n d .................. “ 10 3% 4 C entennial M in in g ... “ % 1 E le c tric T ra c tio n ___ (P hila.). 50 75% 76 44% 45 Do do tr .rc ts . “ 2% 3 F o r t W ayne E le ctric^ (Boston). 25 F ra n k lin M ining____ •• 25 8 8 % .ehigh N av. 4% s.......... 1914, Q—J 1 F re n ch m ’n ’s B a y L ’n d “ 5 2d 6 s, gold...................1897, J& D 1% Illin o is S t e e l ............. “ 100 40 49 G eneral m o rt. 4%s, g .l9 2 4 ,Q —F K earsa rg e M in in g .... 25 4% 5 M orris C anal g u ar. 4 . (P hila,).100 P re ferred g u ar. 1 0 . “ 100 2d 7 s..............................1910, M&S O sceola M i n i n g .......(Boston). 25 18% 18% Consol. 6 ............ ......1 9 2 3 , J& D P u llm an P alace C a r.. “ 100 157 158 Q u in cy M in i n g ....... “ 25 82 G en. M. 7 s . . . . 84 .1 9 0 3 , J& J T am arac k M in in g .... “ 25 155 157 U n ite d G as Im p t. (P hil.)......... 65 65% Consol. 6 s, o ............ 1905, V ar 1 W ater P o w er...............(Boston).100 Consol. 5s, r . . ....... .....1 9 1 9 , Vair 1% W esting.Eleo. 1 st pfd. (Boston) . 50 51% 52% C ollât. T r. 4% g ...........1913, J& D Asaenfcinsr “ . 50 33 Pa. & N. Y. C anal. 7 a .. .190«. t a d 34 T h u rsd ay , J u ly 19. 33,441 75% J a n . 24 98% 99% 99% 101% 99% 1 0 1 % 99% 102% 1 0 1 % 10 2 % 1 0 1 % 1 0 2 94% 94% 94% 94 94 94% 93% 93% 94% 94% 94% 94% 694 79 Ja n . 3 191 192 194% 194% 191 191 191% 191% 191% 193% 194 194 187 163 F eb. 26 *2 2 % 23 2 2 % 2 2 % *2 2 % 23 22% 255 22% J u ly 12 2 2 % 2 2 % 2 2 % 2 2 % *22 8 F eb. 14 444 ‘ 8 % 8 % *8 % 8 % 8 % *8 % 8% 8% 8% 8% 8% 85s 265 J u n e 22 ’270 *270 *272 *272 275 *272 275 **272 275 80 *75 80 66 J a n . 18 78 724 53% J a n . 3 65% 65% 65% 66 65% 65% 65% 65% *65% 66 65% 66 *45% 46% 45% 45% 45% 46 107 42 Feb. 21 46 46 *45% 46% *45% 46% 35% 36% 37% 37% 37 37 1,878 30% Ja n . 3 36% 36% 36% 36% 36% 37 * 65 64 64 k 65 *62 5 56 J a n . 4 65 12% J a n . 2 *20 21 *20 *20 *20 *20 29s 50 M ay 23 51 *50 51% *50% 51 51 50% 50% 50% 50% 51 62% *62 63 *62 62% 62% 62% *62 »62 60 49 F eb. 28 62% *62 2% J u n e 27 2% 2 1,826 11% J u ly 3 2 2 2 2% 2% 2% 2% 2% 2%6 2 iie i E x rig h ts . no sa le w as m ade. C a ta w issa...................... 1 s t p re fe rre d ......... “ 2d p r e f e r r e d ....... “ •Central O h io ........... (Bali.). C h ari. Col. & A u g u sta “ 1 C o n n ecticu t & P a ss . (Boston).) C o n n ecticu t R iv e r ... “ 1 D elaw are & B ound Br,. (Phila.).) F lin t & P ere M a rq ... (Boston).) P r e f e r r e d .................... “ 3 P re ferred .................. 18aab o ard & R oanoke. 1 s t p re fe rre d ......... 5 5 ,, 5% 5&,, % % *% *69% *70 52 52 52 52 *51% 52 37% 37% 37% 37% 37% 37% 1 l l L i 1 1 1 to *110 G il 117 117 116% 117 116 117 *7 *7 7% 7% 6% 7 9 9 9 9 35 35 40 Bid. “ N o rth P en n sy lv a n ia . Oregon S h o rt L in e ...f P en n sy lv an ia & N. W. 110 *10 Prices o f J u ly 20. A tla n ta & C h a rlo tte {Ba P re fe r r e d . 1 T u esd ay , J u ly 17. 13% 13% 13% ’205 206 190 190 *190 146 146 146 11 * 47 75% 75% 75 59% 60% 59% Inactive Stocks. M ary lan d C e n tr a l.... M ine H ill & ». H av en N esquehoning V al.. . . 5% 5% *% 110 M onday, Ju ly 16. § And acoraed interest, 110 109% M ay 4 97% M ay 4 204 J u n e 23 29 A pr. 5 11% A pr. 9 302 Ja n . 18 80 J u ly 2 66 % A pr. 8 48 J u n e 6 45% M ar. 8 75 M ar. 8 26 A pr. 7 7 55 M ar. 11 63% J u n e 15 5% M ar. 19 12% M ar. 20 Bonds. P a. & N. Y. Ca., con. 58.1939, A&O P erkiom en, 1 st s e r.,5 s .l9 1 8 , Q—J P h ila.& E rie gen. M. 5g.,1920, A&O Gen. m o rt., 4 g .......... 1920, A&O P h ila & R ead, new 4 g., 1958, J& J 1 st pref. incom e, 5 g, 1958, F eb 1 2d p ref. incom e, 5 g, 1958, Feb. 1 3d pref. incom e, 5 g, 1958,F eb 2d, 7 s ............................ 1933, A&O Consol, m o rt. 7 s ......1 9 1 1 , J& D Consol, m o rt. 6 g . . ....1 9 1 1 , J& D Im provem entM . 6 g., 1897, A&O Con. M .,5 g.,stam ped,1 9 2 2 ,M&N T erm inal 5s, g .........1941, Q.—F. P hil. R ead. & N. E . 4 s ...........1942 Incom es, series a . . . . . . . . . . . 1 9 5 2 Incom es, series B . . . ............1952 P hil. Wilm. & B alt., 4 s .1917, A&O P itts. C. & St. L ., 7 s . . . . 1900, F&A S chuyl.R .E .S ide,lst 5 g.1935, J& D Steuben. & Ind., 1 st m .,5s. 1914, J &J U nited N. J ., 6 g ......... ..1 8 9 4 , A&O W arren & F ra n k .,1st,7s,1896,F&A Bonds.—Baltimore. „ „ A tla n ta & C hari., 1 st 7s, 1907, J& J Incom e 6 s .. . . . . . . , . . . 1 9 0 0 , A&O B altim ore B elt, 1st, 5 s .1990, M&N B altim ore & Ohio 4 g ., 1935, A&O P itts . & Conn., 5 g ...l 9 2 5 , F&A S ta te n Islan d , 2d, 5 g.1926, J& J Bal.&Ohio S. W .,lst,4% g.l990, J& J CapeF.& Y ad.,8er.A .,6g.l9L 6, J& D Series B ., 6 g ....... .....1 9 1 6 , J& D Series C., 6 g . . . . —....1 9 1 6 , J& D Cent. Ohio, 4% g ......... ..1 9 3 0 , M&S C hari. Col.&Aug. I s t 7 s .l 8 9 5 , J& J Ga. Car. & Nor. 1 st 5 g. .1929, J& J N orth. C ent. 6 s . . . . . . ....1 9 0 0 , J&J 6 s .............. ..................... 1904, J & J S eries A, 5 s . . . . . . . ....1 9 2 6 , J& J 4 % s.............................. 1925, A&O PiecLm.& C um .,1 st, 5 g.l913L, F&A P itts. & Connells. I s t 7 s .l 8 9 8 , J & J V irginia M id., 1 st 6 s . . . 1906, M&S 2d S eries, 6 s .. . . . . . . . . . 1 9 1 1 M&S 3d Series, 6 s .. . . . . . . . . 1 9 1 6 , M&S 4 th S eries, 3-4-5s.......1921, M&S 5 th Series, 5 s .. .......1 9 2 6 , M&S W est V a C. & P . 1st, 6 g.1911, J & J Wef't’l.N .C . Consol. 6 g.1914, J& J Wilm. Col. & A ug., 6 s .. 1910, J& D 107% 108 MISCELLANEOUS. 10 1% 10 2 % 10 2 % B altim ore—City H a ll 6 s .1900, Q—J F u n d in g >3a..r . . . ......1 9 0 0 , Q—J 109 1 W est M aryl’d R S , 6 s ..1902, J& J 132 W ater 5 s .. . ...........1 9 1 6 , M&N 121 fSinding 5 S ...........1 9 1 6 , M&N 106 E x ch an g e 3 % s........1 9 3 0 , J& J 122 % V irginia (State) 3 s, n e w .1932, J & J C hesapeake G as, 6 s . . . . .1900, J& D 118% Consol. G as, 6 s .. . . . . . . . . 1 9 1 0 , J& D 113% 5 s .....................................1939, J & J 100 1 O, Q A*-0 124 ..... iomiteblA Oft. t L a s t p ric e tu w w °0 s, x ex-rights. Bid. Ask. 109 114 102 76 30 20% 15% 119 125 113 105% 99 's 104 3L% 76% 30% 20% 15% 100 104% 32% 5 101% 102% 116 109 107% 102 106 116% 116% 95 I . . . . . . ......... 103 1 0 2 % ,......... 63 62 63 104% 105 101% 102 83 ' 84 110 112 120 112 97 108% 116 116 107% 80 98% 103 104% 112 100 109 117 104 105 111 113% ;116% 121 122 102% ’103 71 I 72 1 0 6 % 'l0 7 114% 114% 103 103% 110 J....... 104 THE CHRONICLE. iv o l . l i x NEW YORK STOCK EXCHANGE PRICES (Continued)—MOTIFS BONDS J U L Y 2 0 A N T) . FOR YE A R 1894 . Closing R ange (sales) i n 1894 Closing R ange (sales) i n 1 894. R a il r o a d a n d M is c e l . B o n d s , Inter* P rice R a il r o a d a n d M is c e l . B o n d s P rice ---------- ------------------- --Period J u ly 20 Lowest. Highest. J u l y 20 Lowest. Highest. A m er. C o tto n Oil, delb., 8 g .l9 0 0 Q114i2b, 111 Feb. 114% J u n e Mo. P ac. (Con.)—3d, 7 s . . . 1906 M «fe N Ja n . 112 A pr. A t.T op.& S.F.—1 0 0 -yr.,4g.l989 J & 7312 67 Ja n . 77% J u n e P ac. of Mo.—1st, ex., 4 g.1938 F «& A Ja n . 100% M ay 2 d 3-4's, g., Cl. “A” ........... 1989 A & 2d e x ten d ed 5 s ___, . _ .1938 J <fe 23i2 23% Ju ly 38% Mar, Ja n . 106% A pr. CoLM idland—Cons., 4 g.1940 F & 21 St.L. <fclr. M t.ls t e x t.,5 s .1897 F «fe A 20 J u ly 32% M ar. a Feb. 103% M ay A tl. & P ac.—G u ar., 4 g . . . . 1937 46 b 41% J u n e 53% Apr. 2d, 7 g ..................... _■...... 1897 M «fe N Ja n . 109 A pr. W. D. incom e, 6 s...............1910 J & Cairo Ark. & T exas,7 g.1897 J «fe D 2% Ja n . 6 % M ar. M ar. 103% M ay B ro o k ly n E lev .—1 st, 6 g ..l9 2 4 A & 94 G en.R’y <fe la n d g r.,5 g .l9 3 1 A «fe O 90 Ju ly 107 Ja n . Ja n . 81 Apr; U nio n E le v a te d .— 6 g ___1937 M <& 85 82 J u n e 99% A pr. Mobile <fc Ohio—New, 6 g. .1927 J «fe D 2 Ja n . 117% M ay C an ad a S o u th ern .—1 st 5s 1908 J & 109 G eneral m ortgage, 4 s ___1938 M <fe 105% Ja n . 111% J u n e 8 J a n . 63 M ay 2d, 5 s .................................. 1913 M & 106 102 Ja n . 105% A pr. Nash. Ch. & St. X .—1st, 78.1913 J «& 2 J a n . 130 M ay * C enf.G a.-S.«fcW .lstcon.5s.l929 46 Consol., 5 g .....................1 9 2 8 A «fe O 32 Ja n . 51 A pr. Ja n . 102 Ja n. C e n tra l of N. J .—Cons.,7S.1899 Q 11334b 112% J a n . 115% J u n e N at’l S tarch Mfg.—1st, 6 s.1920 M «fe N Ja n . 94% J u n e Consol., 7 s ....... .................. 1902 M & 122i2b 121 Feb. 124 Apr. N.Y. C entral—Deb. ex t. 4 s .1905 M «fe N 2 J an. 104% A pr. G en eral m o rtg ag e, 5 g . ..1 9 8 7 J <fe 1st, coupon, 7 s ..................1903 I I 6 I4 110% Ja n . 11678 J u n e Ja n . 128% J u n e L eh.& W .B .,con.,7s,as’d .l9 0 0 Q10834 105 Ja n . 111 M ay D eben., 5s, coup., 1 8 8 4..1904 JM «<fefe JS Ja n . 110 F eb. “ m o rtg a g e 5 s.l9 1 2 M & 97 b 100 Feb. 103% Mar. N. Y. & H arlem , 7s, reg.1900 M «fe N 1 J a n . 120% A pr. Am . D ock & Im p ., 5 s ___1921 J & 132% 108% J a n . 113 J u n e R. W. & Ogd., consol., 58.1922 A «fe O t J a n . 117 M ay C e n tral Pacific.—Gold, 6 s .1898 J <& 102 W est Shore, g uar., 4 s ___2361 J «fe J 102 Ju ly 107% Apr. 2 Ja n . 105% J u n e Ches. & Ohio.—M ort., 6 g.1911 A 117 b, 115% J a n . 119% M ar. N. Y. Chic. <fc St. L.—4 g . . .1937 A « fe O ! Ja n . 100% M ar, 1 st consol., 5 g ................ 1939 M & 101% J a n . 106% A pr. N. Y. E le v ated —7 s ............ 1906 J «fe J 1 J u ly 113 J u n e G en eral 4 % s,g ..................1992 M <& 72% 70% J u n e 77% A pr. N. Y. Lack. «&W.—1st, 6 s.l9 2 1 J «fe J 3 Ja n . 134 J u n e R . & A .D iv ., l s t c o n .,4 g .l9 8 9 J <& 89%b 84 Ja n . C onstruction, 5 s .............. 1923 F «fe A 92% M ay Feb. 113% M ay “ 2 d c o n .,4 g .l9 8 9 J & 78% Ja n . 88 M ar. N.Y. L.E. <feW.—1st, con. ,7g. 1920 M «fe S 2 J a n . 137 A pr. E liz .L e x .& B ig S a n .-5 g .l9 0 2 M & 97i2b 96 Ja n . 100% Feb. 2 d consol., 6 g . . . . ...........1969 D M ay 86 M ar. Chio. B u rl. & Q.—Con., 7 s .1903 J & 120i8b 119 Ja n . 123% Ju n e Long Dock, consol., 6s,g. 1935 JA «fe «fe O A pr. 129 M ay D eb en tu re, 5s................... 1913 M & 97 b 97 Febî 102 A pr. N. Y. Ont. <&W.—Ref. 4s, g. 1992 M «fe S LJa n . 86 M ay C o n v ertib le 5 s ..................1903 M & 103% 101% J a n . 105 A pr. Consol., 1st, 5s, g .............1939 J «fe D J a n . 110% M ay D en v er D iv isio n 4 s ......... 1922 F & 94 b, 90% Feb. 94% A pr. N. Y.Sus.«fcW.—ls tre f.,5 s g.1937 J <fc J J u ly 107% A pr. N eb rask a E x te n sio n , 4 s .1927 M & 88 %b, 85% Ja n . M idland of N. J ., 6 s, g ...l 9 1 0 A «fe O 92% A pr. tA p r. 117% M ay H a n .& St. Jo s.-C o n s., 6 s. 1911 M & 119% 115% J a n . 119% Feb. Norf.«fc W.—100-year, 5s, g.1990 J «fe J s A pr. 74% A pr. Chic. & E . HI.—1st, s. f .,6 s .1907 J & Md.«feWash.Div.—1st,5 g.1941 J «fe J 111% J a n . 118 M ay i A pr. 81 A pr. Consol., 6 g ........................1934 A & 123 a 118% Ja n . 123 J u n e No. Pacific—1st, coup., 6 g.1921 J <fc J i J a n . 114% M ar. G en eral consol., 1 st, 5 s ..1937 M & 98i2a 97 M ay 101% A pr. G eneral, 2d, coup., 6 g . 1933 A «fe O i J u ly 89% M ar. Chicago & E rie.—1st., 5 g.1982 M <fc 95 a, 91% Ju n e 100% A pr. G eneral, 3d, coup., 6 g ..l9 3 7 J «fe D ¡ J u ly 64% A p r. Incom e, 5 s ........................ 1982 O ct 2712b, 31% Ja n . 35% Apr. Consol, m ortgage, 5 g ...l 9 8 9 J «fe D J u ly 34% M ar; Chic. G as L.«fcC.—1 s t ,5 g .. 1937 J & 87 b, 82 A pr. 89% Ju n e Col. tr u s t gold n otes, 6 s .1898 M «fe N Chic. Mil. & St. P .—Con. 7 s .1905 J 126 Chic. & N. P ac., 1st, 5 g .1940 126 Feb. 130% A pr. «fe O J u n e 48% A pr. 1 st, So u th w est D iv., 6 s .. 1909 113i2b, 112 Ja n . 116% M ay Seat. L. S. <fcE ., 1st, gu.6.1931 A & F <& A Ja n . 1 st, So. M inn. D iv., 6 s . . . 1910 <& 11412b. 111% Ja n . 117% Ju n e No. Pacific <fe M ont .— 6 g .,1 9 3 8 M «fe S J u ly 1 st, C h.«fePac.W .D iv.,5s.l921 <fe 108 12 107 Ja n . 111% J u n e No. P acific Ter. Co.— 6 g ...l9 3 8 J «fe J Ja n. Chic. & Mo. Riv. D iv., 5 s .1926 106i2a. 101% Ja n . 108% Ju n e Ohio & M iss.—Con. s. f., 7S.1898 J <fc J <fe Ja n . W ise. <fc M inn., Div., 5 g.1921 106 b. 104 Ja n . 109 M ay <fe Consol., 7 s ......................... 1898 J «fe J Ja n. T erm in al, 5 g ................... 1914 & 106 b. 105 J u ly 109% J u n e Ohio S outhern—1st, 6 g . .. 1921 J «fe D M ay Gen. M., 4 g., series A . ..1 9 8 9 A, G eneral m ortgage, 4 g .. .1921 M «fe N 90 J a n . 92% J u n e J u ly Mil. & N or.—1st, con., 6 s.l9 1 3 116 <fe 112% J a n . 118 A pr. O m aha & St. L ouis—4 g . . .1937 J <fc J Feb. Chic. & N . W.—Consol., 7S.1915 Q - F 141 138 J a n . 141 M ar. Oregon Im p r. Co.—1st, 6 g.1910 <fc D Coupon, gold, 7 s ............-.1902 J & Consol., 5 g ........................ 1939 A «fe O 121 Ju ly 127 M ay S in k in g fu n d , 6 s ...............1929 A & 116 Ja n . 121 Apr.- Ore. R.«fe Nav.Co.—1st, 6 g.1909 J «fe J S in k in g fu n d , 5 s ...............1929 A & 11114 Consol., 5 g ......... .............. 1925 J «fe D 107% M ay 112 M ar. S in k in g fu n d , deben., 5 s .1933 M & 106% Ja n . 112% A pr. P enn. Co.—4% g., co u p o n .1921 J «fe J 25 -y ear deb en tu re, 5 s ... 1909 M & 105i2b. 104 Ja n . 109 A pr. Peo. Dec. & E v an sv . —6 g.1920 J «fe J E x te n sio n , 4 s ................... 1926 F & E v an sv . D ivision, 6 g . . . 1920 M «fe S 97 Ja n . 100 A pr. Chic. Peo. & St. Louis—5 g.1928 M& 2d m ortgage, 5 g...............1926 N| C hic.R .I.& Pac.—6 s., coup. 1917 J & 125i2b. 123 Ja n . 129 Apr. Phila. <fc R e ad .—Gen., 4 g.1958 M«fe E x te n sio n an d col., 5 s... 1934 J & 101% 97% J a n . 104 Apr. 1 st p ref. incom e, 5 g....... 1958 J «fe J 30-year d eb en tu re, 5 s . . . 1921 M & 91% 2d pref. incom e, 5 g ....... 1958 90% Ju n e 95 Feb. Chio. St. P . M. & O.—6 s ....1930 J <& D 127 a. 119% J a n . 127% M ay 3d pref. incom e, 5 g ....... 1958 C leveland & C anton.—5 s .. 1917 J & ,75 a. 70 M ar. . 84 Ja n . P ittsb u rg <fcW estern—4 g.1917 C. C. C. & I.—Consol., 7 g.1914 J & D Rich. «feDanv.—Con., 6 g ..l9 1 5 G en eral consol., 6 g ........1934 J & Consol, 5 g ..................1 ...1 9 3 6 117 J a n . 120 Mar, C-C.C.&St.L.—P eo.& E .,4s.l940 A & 74 72 Ja n . 84% Apr. Rich.«feW.P.Ter.-Trust, 6 g .l8 9 7 Incom e, 4 s ....................... .1990 April, 14 b. 15 Ja n . Con. 1 st <fe col. t r u s t, 5 g.1 9 1 4 20 Apr. Col. Coal & Iro n .— 6 g ....... 1900 F «fe ' 95 Ja n . 100 M ay Rio Gr. W estern—1st, 4 g.1939 CoLH.Y al.& Tol.—Con. ,5 g.1931 M& 84 b 8 1 78 M ay 91 Feb. St. Jo . & Gr. Isla n d — 6 g .,1 9 2 5 G eneral, 6 g . . . ..................1904 J & D 86 J u n e 92% Feb. St. L. <fe San F r .— 6 g., C1.B.1906 D e n v e r & R io Gr.—1st, 7 g.1900 M<& N, 1 1 2 %b, 113 M ay 113% M ay 6 C lass C . . . , .................1906 1 s t consol., 4 g................. 1936 J <& 72 G eneral m ortgage, 6 g ..l9 3 1 71% Ju n e 79 A pr. D et. B. C ity & A lp en a — 6 g.1913 J & 50 Ja n . 50 Ja n . St. L. So. W est.—1st, 4s, g.1989 D et. Mac. & M.—L d.grants.1911 A & O 23 2d, 4s, g., in co m e ............ 1989 23 Ja n . 27% Apr. D ul. So. Sh. & A tl.—5 g .. .1937 J 95 93 Feb. 102 A pr. St.P.M.&M.—D ak.E x., 6 g.1 9 1 0 J5. Term. V. & Ga.—Con., 5 g .l9 5 6 M«fc N 98 1 st consol., 6 g ..................1933 86 % Ja n . 101% Apr. K n o x v ille & Ohio, 6 g ___1925 J & 108 : 96 Ja n . 110 Ju n e “ reduced to 4% g .. F t. W. & D en v .C ity .— 6 g ..l9 2 1 J & D 68% M ontana E x te n sio n , 4 g.1937 66 J a n 79 % A pr. G al.H .& S anA n.-M .& P ,D .lst, 5 g M & N 91 b 90 M ay 92% Apr. San Ant.«fe A .P.—1 st,4 g.,gu.,’43 G en. E le ctric, deb. 5s, g . . .1922 J & D 86 %b, 68 Ja n . 89 M ay S outh C arolina—1st, 6 g ............. H o u s. & T. C ent., gen. 4s, g . 1921 A & O 62 b 60 J a n , 66 Mar. So. Pacific, A riz .— 6 g .. 1909-10 Illin o is C en tral.—4 g .........1952 A & O 10 1 %b 100 Feb. 10 2 % J u n e So. Pacific, Cal .— 6 g ___1905-12 I n t . & G reat N or.—1 st, 6 g.1919 M & N 109%b 110 Ja n . 1 1 6 1 Apr. 1 st consol., gold, 5 g ....... 1938 2 d 4-5 s..........................7 .1 9 0 9 M & S 60 Ju n e 68 % A pr. So. Pacific, N. M .— 6 g ....... 1911 Io w a C en tral.—1 st, 5 g 1938 J & D 90 b, 86 Ja n . 95 A pr. Tenn.C. I. <feRy.—T e n .D .,lst ,6 g K in g s Co. E lev .—1 st, 5 g ..l9 2 5 J & J 79 %a. 79 Ja n . 85 A pr. B irm ingham D iv., 6 g ..,1 9 1 7 L acled e G as.—1 st., 5 g 1919 Q - F 87 b 81 Ja n . 89 A pr. T exas <fe Pacific—1st, 5 g ..2 0 0 0 L a k e E rie <fc W est.—5 g__ 1937 J & J 113 110% Ja n . 115% A pr. 2d, incom e, 5 g ................. 2000 . L .S h o r e —C on.cp., 1 s t ,7 s .1900 J & J 118 J a n . 121% M ay Tol. A nn Ar. <fc N. M .— 6 g.1924 Consol, coup., 2 d, 7s....... 1903 J & D 122%b 122 J a n . -125% M ay Toledo & Ohio Cent.—5 g. 1935 L o n g Islan d .—1 st con., 5 g.1931 Q - J 13 Ja n . 116 M ay Toledo Peo. & W est.—4 g.1917 G en eral m o rtg a g e ,4 g .. 1938 J & D 93% Feb. 99 % M ay Tol. St. L. <fc K an. C .— 6 g. .1916 L o u is. & N ash. Cons., 7 s .1898 A & O 1 1 1 b 109% Apr. 113% M ar. Union Pacific — 6 g ...............1899 N. O. & M obile, 1 st, 6 g ..l9 3 0 J & J 114 b 112% J a n . 117% J u n e E x t. sin k in g fund, 8 ........1899 “ “ 2d, 6 g . . 1930 J & J 100 a 97 Ja n . 104 Apr. C ollateral tru s t, 4% ........1918 G en eral, 6 g ................ .1930 J & D 112%b 109% J a n . 116 M ar. Gold 6 s, col. t r u s t n o tes. 1894 U nified, 4 g .................. .1940 J & J 70 %b 72% Ja n . K an. P ac.-D en. D iv .,6 g.1899 77% A pr. N ash. FI. & S h .-l st,g td ., 5 g .’37 F & A 76 Feb. 90 Feb. 1 st consol., 6 g . .............1919 K en tu c k y C entral.—4 g.1987 J & J 82 Ja n . O regon S h o rt Line — 6 g ..l9 2 2 85 M ay L ouis. N. A. & Ch.—ls t.,6 s .l9 1 0 J <& J 108 b. 108 Ja n . 113% Mar. Or.S.L.«feUt’hN.—Con.5g.1919 C onsol., 6 g . . . . . ................1916 A «fe O 91 b. 83 J u n e 100 M ar; U.P.Den.«feGulf,con., 5 g.1939 L ouis. St. L. & T ex as .— 6 g .1 9 1 7 F <& A 55 b. 55 J u ly 61 A pr. U. S. Cord.—1 st col., 6 g ..l 9 2 4 M etro. E le v ated .—1 st, 6 g.1908 J «fe J 118% 116 J a n . 121% J u n e V irginia Mid.—Gen.M., 5s. 1936 2d , 6 s ................................... 1899 M«fc N 108 %b. 107 Ja n . 111 A pr. “ stam p ed g u a r.. M ich. C ent.—1 st, cons., 7 s .1902 M «fe N 12 0 %b. 119% M ay 124% M ar. W abash—1st, 5 g ................. 1939 Consol., 5 s .................. 1902 M «fe N 106 b. 106 M ar. 107 M ay 2d m ortgage, 5 g...............1939 Jtfil. LakeSh.& W .—1 st, 6 g.1921 M «fe N 125 b. 124 Ja n . 130 A pr. D ebent. M., series B ....... 1939 2 8 78 A p r. , E x te rn & Im p ., 5 g ......,1 9 2 9 F <& A 109 %b. 105% Feb. 110% J u ly West. N. Y. <fePa.—1st, 5 g.1937 1 0 1 % M ay M o. K. & E .—1 st 5s, g., gu.1942 A «fe O 76% J u n e 83% Mar. 2d m o rtg a g e .......................1927 22 Ja n . M. K . & T exas.—1 st, 4s, g.1990 <& D 79% 78 Ja n . 83% Apr. W est. Un. Tel.—Col. tr ., 5s. 1938 109 J u n e 2d, 4s, g .............................. 1990 F «fe A 4 2 78a. 38 Ju n e 48% Apr. Wise. Cent. Co.—1st, 5 g .,1 9 3 7 76% M ar Mo. P ac.—1 st, con., 6 g ___1920 M «fe N 87 Ja n . 101% Apr. Incom e, 5 g ....................... 1937 18 F eb. N o t e .—“b ” in d icates price bid ; “ a ” price asked ; th e ra n g e is m ad e u p fro m a c tu a l sales only. * L a te st p rice th is w eek. t T ru s t receip ts. ‘EW YORK STOCK EXCHANGE PRICES—ST A T E BONDS J U L Y 20. SEC U R ITIE S. B id. Ask. A lab am a—Class A, 4 to 5 .. ...1 9 0 6 G lass B, 5 s ......... .............. ...1 9 0 6 Glass C, 4 s .......................... ...1 9 0 6 C u rren cy fu n d in g 4 s ....... ...1 9 2 0 A rk an sas—6s, f und,H ol. 1899-1900 do. N on-H olford 7s, A rk an sas C e n tral RR L o u isian a—7 s, co n s.............. . *914 S tam p ed 4 s ................. . . . New eonols. 4 s.................. Í0Í4J $»Ct 99 103 92 93% 3 150 104 107 1 110 100 95 100 100 10 12 96% SEC U R ITIE S. B id. A sk W ssouri—F u n d .............. 1894-1895 100 3D 1900 10 1892-1898 15 C hatham R R .............. 2% 5 5 Special ta x , C lass I . . 2% C onsolidated 4 s ......... 1910 98 6 s ............................ 1919 124% 127 6 s. c o u .. 1893-1894... 100 SEC U R ITIE S. Bid. A sk 4 S outh C arolina—4%s, 20-40.. 1933 100 10 0 % 6 s, non-fu n d ...................... 1888 1% 2% T e n n e s s e e - 6 s, o ld ......... 1892-1898 60 6 s, n ew b o n d s ......... 1892-8-1900 60 do new se rie s................1914 60 Com prom ise, 3-4-5-6s..........1912 70 __ „ 3 s ....... ...................... 19 13 78 79 V irginia fu n d ed d eb t, 2 - 3 S ...1 9 9 1 58% 6 s, d eferred b o n d s......................... 6% 7% 6 s. d eferred t ’s t reo’ts , stam n ed . 6 % 7% J uly CHE CHRONICLE. 21, loa-M 105 GENERAL QUOTATIONS OF STOCKS AND BONDS. Quotations in N ew Y ork re p re se n t th e p e r ce n t value, w h a te v e r th e p a r m ay h e ; o th e r q u o tatio n s are freq u e n tly m ade p e r share. The follow ing abbreviations a re o ften used, viz.: “ M.” fo r m ortgage; “ g.” fo r gold; “ g ’d ,” fo r g u a ra n te e d ; “ e n d .,” fo r e n d o rsed ; “ oons fo r co n so lid ated ; “ conv.” fo r c o n v e rtib le ; “ s. f f o r sinking s a n d ; “ 1. g.,” fo r la n d g ra n t. Q uotations in New Y ork a re to T h u rs d a y ; fro m o th e r cities, to la te m ail d ates. ¡ S u b s c r ib e r s w i l l c o n f e r a f a v o r b y g i v i n g n o t i c e o f a n y e r r o r d i s c o v e r e d i n t h e s e Q u o t a t i o n s . Un it e d B onds . Bid. Ask. C i t t S e c u r i t ie s . B id. Ask. Ci t y S e c u r i t ie s . B id. Ask. D uluth, M inn.—4s, 1 9 2 1 P hiladelphia, P a .—6 s, 1901__ J& J 116*2 96 E a s t L ’pool, O., School 5s v ario u s. P ittsb u rg , P a .—5s, 191 3 ...........J& J 116 118*8 118*2 E lizabeth, N. J . —New 4s,1922. J& J 7s, 1912........................................Var 135. 119% 119% E vansville, In d ., eom prom . 4s, 1912 4s, 1 9 1 5 ........... J& D 108 114 114*2 E v e re tt, M ass.—4s, 19 2 4 .................. 6 s, Consol., 1904 reg .............. J& J 115 114 114*2 F a ll R iver, M ass., 5s, 1 8 9 8 ............ Portland,M e.—6 s, RR. Ald,1907M&S § 121*2 123 10 1 F itchburg,M ass.—6s.’0 5 ,W .L ..J& J _ 4s, fu n d ed , 1902-1912.........J& J § 101*2 102 104 F la t’a d Co., M ont, 20 y r 6s ...1 9 1 4 §. 4s, 1 9 1 3 ....................................M&S $102*2 103 107 G alveston, T ex.—5s, 1 9 2 0 .....J & D 96 P o rtla n d , Ore.—Gold 6s,1920.M&N $124% 127 109 5s, 1914-1934............ .............. . §. 5 3 ,1 9 2 3 ............................................. 112*2 112 Gogebic Co., Miah., 6s. 19 0 9 ...........§ P o rtsm o u th . N .H .—6 s, ’97, R R . J& J 106% G r’n d R apids, M ich.—5s. 1904. J& J §106 P rovidence, R .I.—5s, g .,1 9 0 0 .. .J& J 108 G reenburgh, N. Y., R oad 4s, 1914 5s, gold, 1 9 0 6 ...........................J& J 116 H arrim an . T enn., 6s, 1923 4s, gold, 1924............................ 112 100 H arrisb,, P a .—W ater 6s, 1903. .J& J 6 s, gold, 1900, w a te r l o a n ..J & J 114*2 100 H artfo rd , Conn.—6 8 ,1 8 9 7 ....... J& J 4*28,1899................................J& D 105*2 100 Towns, 3s, 1909 . . . ...................... . 4s, 1911.......................... J& J 108 100 H averhill, Mass.—4s, 1 9 0 2 ...A&O 4s, gold, 1923................................... 112 102 4s, 1922..................................A & O 43, gold, 1 9 2 1 .................. ............. 111 H en n ep in Co., M inn., 4*28,1924... 3*28, gold, 1 9 1 6 ....................... M&S 102 108*4 Hoboken, N. J —Im p, 6s, 1898. J& D Pueblo, Col., 6 s, 190 6 ...............,J&D §• 113 do 5s, 1901........ M&N ....... 108*8 Q uincy 111.—6s, 1 8 9 8 ................J& J 98 .... H ouston, T ex .—6s, 1918 R ahw ay, N. J . —New ad ju stin ’t, 4s. 6s, 1 9 1 2 ......................... W ater 4 s .......... ..... Com prom ise 5s, 1918 R am sey C ounty, M inn., 4*28,1918. Indianapolis, In d .—“ D” 7 ’3,’9 9 . J& J Richm ond, Va.—6 s, 1904-1910J& J 6«, 1 8 9 7 ......................... J& J 8s, 1904-1910............................ J& J ......... R efunding 4s, 1924 104 5s, 1921 & 1922........................J& J 5117*2 118*2 Je rs e y C ity 5s, 1923 4 8 .1 9 2 0 .............................................. 108 A ssessm ent 5s, gold, 1 9 2 4 .. ioT* R ich nond Co., N. Y., fund. 43, ’14 §112 7s, 1 9 0 5 ..................................... V ar R ocùester, N. Y.—7s, W ater,1 9 0 3 .. 120 W ater 7s, 1904......................... J& J 4s, 1912.................... F&A § 121*2 12 2 *s Ref unding w a te r 5s, 1916 107 Salem , Oregon, 5 s.............^...... 1912 109 W ater assess.,5s, 1916..........A&O 107*2 St. Jo sep h , Mo.—6 s, 1 9 0 3 ........F&A §102*2 W ater 5s, 1923. Comp’m ise 4s, 1901 ........... ...F & A 100 H udson C ounty 5s, 190 5 ___ M&8 §118*2 St. L ouis, Mo.—6 s, gold, 1 8 9 9 ... §106*2 Kaw T ow nship, Mo., 7 s, 1903 116 5s, 1900......................................... §102*2 K noxville, T enn., 5s, 1910 . . ..J & J 4s. 1 9 0 5 .... . . . . I . . . . . . . . . . . . . . § 98*2 L aw rence,M ass.—6s, 1900 ...A & O 4s, 1912 ............................. ........ § 101*2 L ong Isl. C ity, N. Y.—4*ss, 1912-13 , I 3*658, 1907.............................. . §lu4*a Im provem ent 4*23,1899............. § ...... St. L. C o —6s,1905..................A&O §105*2 107 Im pro v em en t 4*2', 1914............... S. 4s, 1918 Louisville, K y.—7s, i 9 0 3 ........... V ar 8t. P au l, M inn.—4*28,1916. 6s, 1897.........................................V ar 4*28, 1918.......................... 105*2 20-408, 5s, 192 0 ...................... M&N 5s, 1 9 1 5 . . . . . . . . ......... . . . i 4s, 1 9 2 3 ....................................J& J 6 s, 1904............................... Low ell 4s. 1 9 2 0 ................. A&O 7s, 1898.............................. L ynn, M ass.— 8s, 18 9 7 ............................................. §........... Ah 1Q9Q 6s, 1 8 1 6 . . . . . . . . . . . . . . . . . . . . . . J & J 4*28, 191 T ............................ . .......... §.......... W ater 3*28, 1917.................... a &O 5s, 1905...................... M&N S alt L. City, U .—5s, 1912-1902.J & J §......... 3 s ............................................ A&O 48, 1904 .....................................J& J 5s, School Diet., 18 1 3 ................... § .......... R eg istered 3*1)8,1919 48, 1914..................................... M&S 20 yr. 5s, 1914........................M&N § ......... R eg istered 3%8, 1937 4s, 1 9 0 3 ..................................... M&S San A ntonio, T ex.—6s, 1909-19J & J i 102*2 B rain erd , M inn.,soh’l dis’t 6 s 1904 3 * 2 8 ,1 9 1 6 ............................... M&N 58, 1920......... ..................... ........... I 99 B’kiy n ,N .Y .—B’ge7s, 1915 2 4 .J& J M acon G a.—6s, 1 9 0 9 ........... . S a u ta C ru z ,C a l.,re f. 5s a v . 20*2 y rs. § ......... 101 J& J P a r k 6 s, 1924.............. M alden, M ass., 4s, 1 9 4 4 .....___ ... S. Rosa, Cal., w a t .4 s a v . 20 *2 y r s ... 87*4 B rid g e 5s, 1919........................ J& J 4s, 192 4 ......................... ............... . S av an n ah —F 'd 5s, cons.1909 .Q—F ' 10 d 106*2 B rid g e 4 s, 192 6 .........................J& J M anchester, N. H .—6s, 1902. .J& J . Sioux C ity, Io w a—4*28,1899........... §100 W ater 3s. 1905......................... J& J 4s, 1 9 1 1 .............. ............................... School d istrict 4 *2S, 1894-1904.. P u b lic M ark et 4s, 1920 4s. 191 4 .............................................. Som erville, M ass., 4s, 1 9 1 4 ............ P u b lic M ark et 4s, 1921 Meri lian , Miss., 6s, 1924 S pringfield, M ass.—6 s, 1 905.. A&O P u b lic M ark et 4s, 1922 M ethuen, Mass., 4s, 1 9 2 4 ......... . 78,1903, w a te r l o a n ........... A&O 1925 M iddletow n, Conn.—3 -6 5 ,1 9 1 5 ___ Superior, Wis., 6s. 1902 3 0 th w ard , St. im p. 5s, 1895-97.. M inneapolis, M inn.—7s, 1901.J& J 117 Tacom a, Wash., 20 yr. 5s, 1913. . 3 0 th w ard, St. im p. 5s, av . 35y’rs 107 4*28,1912-15..................................... Toledo, O.—/-oOs, R R ..1 9 0 0 .M & N 3 1 st w a rd local imp. 5s, 193 3 ___ 105 4*28, 1913...................................... 6 s, 1899 ............... ....V a r Buffalo, N.Y.—17 s, 1924-5......... J& J 48, 1 9 1 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . 100*2 5s, 1913 (c a lla fte r O c t.’9 3 ).A&O, R efu n d in g 3 *2t i 1914___ ....J & J 4s, h o sp ital, 1922.................... J& J 4s, 1 9 1 3 ......... ......V a r . 100*2 R efu n d in g 3 *28,1 8 9 5 -1 9 1 4 .___ 4s, 1 9 2 2 ............................................. G eneral funding 5s, 1911 100*2 B u tte, M ont.—6 s, 1902-1912..J& J Milwaukee,W is.—W ater 7s,’02. J& J 115 Touaw auda, N, Y.—W ater 5s, 1914 Cam bridge,M ass.-W ater6s,’9 6 . J& J 105*» 5s, 1 9 1 2 ........................... T renton. N. J . —4s, 1 9 1 1 .......J& J $ 99 C ity 6 s, 190 4 .............................J& J 120*2 5s, av erag in g 10 y ears L IO " W aterbucy, C >nn„ 4s, 1 9 1 9 ......... 4s, 19 2 4................................... . 102 W ater 4s, 1906-7........ J& J W’m jb ’g e.N . Y .,h ig h w ay 6s,’09 44 108*2 W ater 3* 2 8 ,1 9 1 1 ...................... Var N ashville, Tenn.—5 s, 1900 100 Woonsocket, R. I., 4s, gold, 1924 C am den, N. J . —7s, 1 9 0 3 ...........J& J i b o " W orcester, M ass.—5s, 1 9 0 5 ... A&O Sewer 4*28,1923 C harlesto n , 8 .C.—ConvC7s,’9 7 . A&O 6s, 1895......... . 104" A&O 4s, 1905........................... Conv. 4s, 1 9 0 9 .........................J& J 6s, 1899.............. 3*28,1905.................................. J&D 87*2 C hicago, 111.—7s, 1899 6s, 1 9 0 3 ..« ........ 113 Y onkers, N.Y.—Is, 1920................ 7s, 1 8 9 5 ..................... . 4s, 1 9 o l . „ .......................... . 103*4 NewarK—48,1908 ......................A&O § 99 4*28,1900.................. . 4*28, 1918.......................................... §105 4s, 1900.......................................... 4s, 1 9 1 1 .......... ......... 5s, 1909.............................................. §108 4s, 1899................ ......................... 4s, W orld’s F a ir, 1921........... J& J 6s, 1 9 1 0 .................................. Var §119 4s, 139 8 .......................................... Cook Co. 4*28,1900 7s, A queduct, 1905 ................. V ar §123 4s, 1 8 1 6 ........................................ W est Chicago 5s, 1899 N ew port, K y., 5s, 1 9 1 4 ....................§ , .. . Y oungstow n, O., w a te r 5s, ’95-04. |§ . . . . L in co ln P a r k 7s, 1895. 10b New B edford,M ass.—6 s,1909. a &O §127 R A IL R O A D R O N D ». S a n ita ry Diet. 5s, 1912 >108 5s, 19 0 3 ............................................. §110 (B onds o f com panies consol’ted are' 4s, 1914........................... 5s, 1904..................................... . . . . §111 often u n d e r the consolidated name.) W ater 4s, 1914............... 3*2S, 1 9 1 0 .............................A & O § 98*2 Ala.G t. S outhern—1 st,6s,1908J& J «110 C incinnati, O .—7 ‘308 ,1 9 0 2 ...J & J §1223g N. B runsw ick, N .J.—7s, w ater, 1904 116 D ebenture 6 s, gold, 1 9 0 6 .. .F&A « y 6 V ar §129*2 7s, 1908........ 6s,1898............... .V a r 104 G en’l m ort. 5s, 1927............. J& D e S6 6 s, gold, 19 0 6......................... M&N §118*4 6s, 190 6 ............................................. 109*2 Ala. M idland—1st, gua. 6 s, 1928 4s, 1905........ V ar §100% New London, Cona., 4s, 19 2 4 ......... § ............|106*s Ala. N. O. T. &c. 1 st deb. 6 s, 1907. 4s, 30-50s, sink, fu n d , 1931. J& J y lOl% New O rleans, L a. P re m iu m ö s . . . 1651 2d d ebent. 6 s, 1 9 0 7 ...'........... J&D 5s. 30-508, siuk. fu n d , 1930. vi&N §110 Cons. 6s, 1923,ex t. C rossm an. J& J 100« A la.& V iek 8b .—Cons. 5s, 1921.A&O ......... C leveland, O.—7s, S ept., 1896. M&S §106*2 4s, 1942...................................................J& J 99* Vieksb.&Mer. —1st, 6 s, 1921.A & 0 ......... 6 s, 1 9 0 0 ....................................M&S §L13*« N.Y. C ity—7s, 1900 .............. ...M & N §119 2d, consol. 5 s ....... ................... ................... 5s, 1896............................................. § lo 2 % 6s, 1 9 0 0 ................................... M&N § . . . . 113 Alb’y& S usq.—Cons. 7s, 1906, guar. 131 5s, 19 0 7........ J& D §115*2 6s, gold, 1 9 0 1 ............................J& J §117 Consol, m o rt.,6 s,1906, guar.A&O 120 F u n d ed d e b t 4s, A pril, 1902. J& J §103 Allegh. Val.—Gen. M „ 7 3 -1 0 s. J& J 10433 6s, 1896.............. ............................ § ............104 4s, 1904................... ........................ 5s, 1908.....................................M&N §117 1st m ort., 7s, 1 9 1 0 ................ A&O 123 Colum bus, G a.—7 s .................... .V ar 5s. gold, 189 6 .................................. M&N ....... A llentow n T e rm .-lsts ,4 s, L9 I 9 .J& J §*. . . . 5s 3*28,1913...........................................§102 A tch.T .& S . Fe—n ew 4 s, 1989,J& J 743» 7478 C olum bus, 6 . 4 *28,1 9 0 2 .........J& J 3s, school, 1 9 0 8 .............................] § ..... 2d, 2 *2- 4 s, Class A, 1 9 8 9 ....A& O 2 4 78 25*8 C ovington. K y.—4 s,1 9 2 7 ,n e w .J& J 99 3 8 ,1 9 0 7 .................................... A&O § 98 100 2d, 4s, gold, Class B, 19 8 9 ..A&O ___ 5s, 1920..................................... F&A U n iv ersity 1 st M. 4s, 1 9 2 0 ___. . . §........ 100 G u aran tee fu n d n o te s....... ........... .... 8s, 1 8 9 9 ............................... - ..J & J Ï2 0 Norwich. Oc.—5s, 1907..............A&O §113*2 114. kti. & C hari.—1st pf. 7s, 1897.A&U 100 D allas, T ex.—5 s,S t. Im p’m ’t, 1928. O gden, U tah, 5s, 1913....................... § .......... 103*8 1st, 7s, 1907....... ... 116*4 116% 5s, w a te r, 1920....... ........................ incom e, 6s, 1900 A&O 9d 100 O m aha, N eb.—P a v in g 5s, i 9 0 5 ___§105*4 D a n ’p o rt, la ., sew er 6 s, 1901, J& J 105*2 5 8 ,1 9 1 2 .............................................. §____ l ï i A tlantic Ave. RR. (B’lyn)—Im p. 5s, D enver.C ol.—Puo. lin. 4 s, 1904. M&S 5s, 1 8 9 6 ............ ............... ............. § ..„., 101 g, 1934........ ..J & J . . . . Sew er 6 s', 1901 ......................M&S 101 5s, 1 8 9 7 ..............................................§____ 1013a A tlan tic City—1 s t,5s,g., L919.M&N . . . . Im p ro v em en t 4s, 190 8 .......... J & J 100 5s, 1898............................................... §____ 10150 Allan. & D an.—l s t g . 6s, 1917.A& 0 ___ D erby, Conn., 20 y’rs is, 1914.J & J § ....... 102*2 4*28,1910 ......... J & J § ___ A tlantic & P ao.—1st 4s, 1 9 3 7 ..J& J 46*4 4738 D etro it, M ich.—7 s, A ug.,1894.F& A §100 101 School 5s, 191 2 ............................... . § .... 109*4 2d W.D., guar.,g, s.f.6s.l907.M & ; 6 s, W .L ., 1 9 0 6 ......................... J& D I24*s 125*2 P aterso n ,N . J . —7s, 1900 .................. |§112 W. D. incom es, 1910.......... A & o 2*2 ’ ’3*2 4s, 1922 ....* 108 109 6s, 1901..............................................J§109 O ent.D iv.—Inc.,6s,noa-ou., 1922 4s, gold, 1923 103 §109 110 4s, 1908..............................................§100 L and gr. incom es, cum ., 1901.. 3*28,1911....................... J& D § 99*2 101 P etersb u rg , Va.—6s, lo n g ........ J& J 106 la ltim o re & Ooio —i s , 1935. ..A& O 1*2*4 4«. IOIQ 4 p u lu th , M inn.—4s. 1 9 2 0 ...: .. .J& J § ........ I. . . . . . P hiladelphia. P a .—6*. isu h r&.fl 1- :-i ebiiw. 5 f Brice nom inal. § P u rc h aser also p a y s accrued in terest. e ln London. H co u p o n s on s i n o 1869. I Subject to call. st a tes U N IT E D S T A T E S B O N D S. 2 s, op tio n U. 8 ., re g ................Q—M 5s, 1904..........................re g ...< £ —F 5s, 1904........................e o u p ...Q —F 4s, 1907............................ r e g ...Q —J 4s, 1 9 0 7 .......................c o u p .. .Q —J 6 >, C urrency, 18 95....... r e g ___J& J 6 s, C urrency, 1 8 9 6 ..„ ..r e g ....J & J 6 s, C u rren cy , 1 8 9 7 ...'..r e g ___J& J 6 s, C u rren cy , 18 98....... re g ___J& J 6 t, C urrency, 1 8 9 9 .. . . . r e g ___J& J S T A T E S E C U R IT IE S . ( See preceding page.) C IT Y S E C U R IT IE S . Albany, N.Y. 4s,1320 to ’30. M&N§ Allegheny, P a.—5s, op., '95-97. F ar. 4 *2S, coup., 1 9 0 0 ........... Var. | Allegheny Co.,5s, cp., 1913.J& J 4s. C ourt H ouse, 1908, re g ..J & J A ltoona, P a . —8.D . 4s, 1 9 0 4 -2 4 ... A sb u ry P ’k , N .J.,sch’l 58.1910-42. W ater 5s, 1924 ......................J& D A sheville,N . C.. 5s, gold, 1 9 1 1 .J& J A tlan ta, Ga.—W ater 7s, 1 9 0 4 ..J& J 6 s, 1 8 9 5 -6 ..................................J& J 5s, 1914-15............................... J& J 4*28, 1916............................ ....J & J A uburn, N. Y.—4s, 19 2 3 ..... ............ A ugusta, Me.—6 s, 1905, F und .J& J A ugusta, Ga.—6s, 1 9 0 5 .............J& J B altim ore—Ss, 1900.................. Q—J 6s, W est. Md. R R ., 1 9 0 2 .... J& J 5s, 1 9 1 6 ........................ M&N 4s, 1 9 2 0 .....................................Q—J .J& J 3*28, 1 9 2 8 ............... Bangor, Me.—W ater, 6s, 1905. J& J B a th , Me.—6 s, 19 02....................Y ar 5s, 1897...................................... J& J 4s, 1 9 2 1 ....................................J& J B ayonne, N. J .—5s, 1895.............. . 5s, 1911............................................. B elfast, Me.—6 s, ra ilro a d a id ,’9 8 .. B irm ingham , Ala.—5 g., 1920.A&O B oston, Mass.—W ater 6s,1906 .Y ar 6 s, 1 9 0 3 ... 5s, &, 1902 W ater 5s, gold, 1 9 0 6 ...............Y ar W ater 4s, 1 9 1 7 ......................... V ar 106 THE CHRONICLE. [ V o l . L IX , GENERAL QUOTATIONS OF STOCKS AND BONDS — C o n t in u e d . For E x p la n a tio n s See Notes at Mead o f F irst Paste o f Q uotation*. R ailroad B onds . B id. Ask. R a ilro a d B onds . Bid. Ask. R a il r o a d B on d s . Bid. Ask. B alt. & O.—5b, gold, 1925.......F&A 112*s..... C.B.&Q.—D env.D iv.,4s,1922.F & A Clev. Cin. Chic. & St. L .-fC o n t.J Consol, gold 5s, 1 9 8 8 ... ....F & A 116 4s, p lain bonds, 1921............ M&S Peo. & E a st. eons. 4s, 1940........... 75 Schuylkill Riv. E a st Side 5s, 1935 Neb. E x t., 4s, 1 9 2 7 .............. M&N Incom e 4s, 1990 .......................... 18 102% Clev. Col. C. & I .—1 st 7s, ’99.M&N 114 S terling, 6 s, 1 8 9 5 ................. M&S P lain , 7s, 1896.........................J& J S te rlin g , 6 s ,g ., 1 9 0 2 ..... ...M & S Bonds, 5s, 189 5 .......................J& D 1C0% Consol, m o rt., 7s, 1 9 1 4 .........J&D 129 S terling, 6 s, g., 1 9 1 0 . ......M & N Gen. oon. 6 s, 193 4 ................... J& J 124 . . . . . c 104 C onvert, deb. 5s, 190 3 ......... M&S S terling, 5s, 1 9 2 7.................... J&D 115% B elief. & In d . M „ 7s, 1 8 9 9 ...J & J B ur.& M o.(N eb.),lst,6s,1918.J& J 106 S terlin g , 4*ss, 1 9 3 3 . . . . . . . . . A& 0 Cons, 6 s, non-ex., 1918___J& J Cleve. & M ah.V al.—G. 5s, 1938J& J .......UK . E q o .T r.ser.B ,1 8 9 1 to 1900 -M&N 94 ** Ole. & P itts .—Con.s.f.,7s,1900M &N 116*3 4s, (N eb.), 1 9 1 0 ....................J& J M on.Riv.—1 s t gu.g.5s, 1919.F&A 103 Gen. gu. 4*28, g., “ A,” 1 9 4 2 .J& J Neb. R R , 1st, 7s, 1896.......A&O Gen. O.-Cons. lat,4*28, 1930. M&S 104 Do Series B, 1942 .................. A&O . . . . . . — •« 107 Om. & S. W., 1 st, 8 s, 1896.J& D A k.& Ch.Jun. lst,g.,5s,1930.M & N 77^ O tt. Osw. & F o x R ., 8 s, 1900. J& J 119*a Colorado Mid.—1st, 6 s, 1 9 3 6 ..J& D B alt. & O. S. W .RR.4*ss, 1990.. J& J 123 Consol, g o ld ,4 s........................1940 21 A toh’n & Neb.—1 st, 78,1908 M&S Cin. & B alt. 7s, 1 9 0 0 ...... R epnb. V al., 1 st, 6 s, 1 9 1 9 ...J& J Colum bia & G r.—1st, 6 s, 1916. J& J 100 99% Chi. & E a st. 111.—1 st m o rt. 68.1907 i*16*s By. ls tc o n s . 4*«s, g .,1 9 9 3 ...J & J 2d m o rt., 6 s. 1923.................. A&O 39 123 1 s t Inc. 5s, g., A . . . . . . . . . . . . . 2043 80 84 1 s t,con., 6 s, gold, 1934 . . . . A&O Col.& O.Mid.—1st, 4*28,1939..J& J 1 st Inc. 5s. g., B . . . ________ 2043 99 Colum. Hook.V. & T .—Con.5s,1931 85 Gen. con., 1 st, 5s, 19 3 7 ....... M&N B a lt & P e t —1 st, 6 8 ,g .,1 9 1 1 ..A & 0 97 C h .& I.C o a lR ’y ,l s t 5 s ,1 9 3 6 „ J&.1 95 Gen. 6 s gold, 1904..................J& D --rmmmm 85*3* 1 s t, tu n n e l, 6 s. g., g ’d, 1911. J& J Col. &Hoek. V.—lstM .,7 s,’97.A& 0 §105 Chic. E l. (“ A lley” ), 5s, g ,1929 A&O B alt. B elt—1st, 5s, 1 99 0 .........M&N Ohio. & Gr. T ru n k —1st, 6 s., 1900.. ib'ö" Col. & Toledo—lst7 s ,1 9 0 5 ..F & A §116 Beech Creek—lst,sr’id, 4 s,1936,J& J Ohio. Mil. & S t. P au l— do 2d m o rt., 1900.M&8 §103 __T 2 d gen. 5s, g., 1 9 3 6 ....---- - J& J O hio& W .V a.,lst,s.f., 7 s , l 9 iOM&N 114 M .& S t.P .lst, 8 s, P.D .,1898. F&A Bei volere D ei.—1 st,6a,o,1902. J&D 111 P . D ., 2d M., 7 3-lOs, 1 8 9 8 ..F&A Col. Shaw. & H ’k .—1 st 5 s,1940.J& J ......... E q u ip m en t 6 s, e., 1916. ...A& O Cons. 4s, 1 9 2 7 ......................F&A R.D ., 1st, $, gold, 7s, 1902 ..J & J Boston & A lbany—6s. 1895___J& J Col. & W estern, 1st, 6 s. 1 9 1 1 ...J& J I. & M., 1 st M., 78,1897......... J& J §117 4s, 1913......... ..........................A&O Con.& M ontreal—Im p 6a,1911.J& J I ’a. & D ak., 1 s t M., 7s, 1899. J& J Conn. & P asaum .—M.,4a, 1943. A&O §100 Boston & Lowell—7s, 1895. ..M&S Ohio. & M il., 1 st M .,7s, 1903.J& J 6s, 1896........ ........................... J& J C onnecting (Phila.)—1 st, 6 s ..M&S Consol., 7s, 1 9 0 5 ......................J& J Conaol.RR.of V t„ 1st, 5a, 1913. J& J § 86*4 86*3 5 8 ,1 8 9 9 ........................... ...J & J 1 st M., I. & D. E x t., 7s, 1908J& J 4s, 1905-6-7..............................Var. Corn.Cow.& A nt. deb.6a.1898.M&N 1 st M .,6 s, S’ih w e s t D iv .l9 0 9 J& J 4*28, 1903................................M&N D a y to n * M ic h .—Con. 5a, 19 1 1 .J& J §i*0*638 106%, 1 st M., 5s. L a C. & D a v .l9 1 9 J & J B oston & M aine—4 * ss,1 9 4 4 ... J& J So. M inn. 1 st 6 s, 1910 ............. J& J 114*8 115% D ay t.& West.—la tM ., 6 s, 1905.J& J 4111*2 113 Im p ro v em en t 4s, 1 9 0 5 ..... F&A 1 st m o rt., 7s, 1 9 0 5 .................. J& J §118 1 2 1 H ast. & D a k .E x .lst,7 s, 1910.J& J 123 124*2 Do 4s, 1937 ....F & A D elaw are—M ort., 6 s.g u a r.,’95. J& J do 5s, 1910............ J& J Boat. & P ro v id en ce—4s, 1918.J& J D elaw are & Bound B rook— Chic. & P ac. D iv. 6 s, 1910 .. .J& J B ost.R evere B .& Lynn—6s.’9 7 . J &J 1 st, 7s, 1 9 0 5 ........ F&A 128*4 do W est. D iv., 5 s,1 9 2 1 .J& J B w ay.& 7ihA v.—I s t e .5s,g ,’43 J& D Del.&Hud.—Coupon 7s, 1894. A&O 10 2 % 103*4 Chic. & Mo. R iv. 5s, 1 9 2 6 ....J & J BkJyn.City RB .—1 st c. 5 s ,lo 4 l .J& J 1st, M., P a.D lv.,7s. 1 9 1 7 ....M&S 140 I ............ M ineral P t. D iv., 5s, 1 9 1 0 ...J& J B rooklyn E ie.—1st, 6 s, 1 9 2 4 ..A&O D el.L .& W .—M ort. 7s, 1 9 0 7 ..M&S 130*3'....... Ohio. & L. Sup. D iv., 5s, 1921 J&u S d m o rtg . 5s, 1915_________ J& J W arren 2d 7s, 1903...............A&O 117% W is.& M inn.D iv.,5s, 1 9 2 1 ...J& J Seaside & B. B. 1 st 5s, 1942 .J& J Den. C ity Cable 1 s t 6 s, 1 9 0 8 ..J & J T erm inal 5s, g., 1914 .............J& J Union E l.—1 st, 6 s, 1 9 3 7 ....M & N Den. & R. G.—1st con. 4s, 1936. J& J 71 *« D ubuque D iv., 1st, 6 s, 1920. J& J 1 st 7s, gold, 1900 .................... M&N 113 B runsw . & W.—1 st,4s, g.,1938.J& J Wis. V al. D iv., 1st, 6 s, 1920. J& J 61 105 Bufi. Brad.& P .—Gen.M .7s,’96.J& J Im p r., g., 5s, 19 2 8 .................. J&D F arg o & S o u th .—6 s. ass. 1924. J& J B oitN .Y .& E rie—1 st, 7s, 1916. J&D 80 D esM . & F.D.—G uar. 4s,1905. J& J Ino. eonv. 8 . F . 5s, 1916........ .J& J Buff.Roch. & P itts b .-G e n .5 s , 1937 93% D ak. & G t. So. 5s, 191 6 ......... J& J 104 1 st m ort., g u ar., 2 *28,1 9 0 5 J& J Booh. & P ., 1 s t , 6 s, 1 9 2 1 ....F&A 1 st M., on E x t.,g u a r. 4 s,1905J& J Gen. g. 4s, se r. A., 1989........ J& J Consol., 1 st 6 s, 1 9 2 2 . . ___J&D 117*8 Chicago & N o rth w e ste rn D et.B . C. & A lp .,1 st,6 s,1913. J& J Clearf.& M .ls t 5s, g .,g u .,’43,J& J Con. 7s, 19 1 5 .......................... Q—F Det.G.Haven& M ll.—Equip.6s,1918 e 98 102 Bofl.& S outhw est.—6 s, 1 9 0 8 .. J.& J C on.M ., g u ar. 6 s, 1918........ A&O e 96 100 Consol., gold, 7s, cp., 1 9 0 2 ..J& D 70 Det. L. & N o rth .—1 st, 7 s,1907.J& J Buff. & S u iq u e .ls t5 s , g.,19l3.A & 0 96 70 S inking fu n d , 6 s, 1929 ....... A&O Borl.C. R. & N .—1 st.5 s,1 9 0 6 ..J& D 105 G r.R ap.L .& D „lst,5 s,1 9 2 7 .M & 8 § ..... do 5s, 1929................ A&O Cons.1st &col. t r ., 5 s,1 9 3 4 ..A&O 27 Det. Maok.& M.—Ld. g r. 3*as, 8 . A. do d eb en t., 5s, 1933.M&N Io w a C.& W., 1 st, 7s, 1 9 0 9 .M&S 91 D uluth & Iro n R .—Ist,5 s.l9 3 7 . A&O 25-yrs. deb. 5s, 1 9 0 9 ....___M&N 105*2 107 Dul.Red W.&S.— 7 lst,5 s,g .l9 2 8 .J& J C .R ap.I.F.& N.,1 st,6s,1 9 2 0 .A&O 30-yrs. deb. 5s, 19 2 1 ............ A&O 95 do 1st, 5s, 1921___A&O D uluth 8 . 8h. & AtL—5 s,1937, J & J 98 93* E x te n . bds. 4s, 1926.........F&A 15 O aliior. P a c .—1 st M.,4*ss,1912 J& J 100 Dul. & W inn. 1st 5s, g. 1 9 2 9 ...J& J E scan.& L.Sup., 1 st, 6 s, 1901.J& J Dunk. A. V. & P —1 st,7s,g..1900J&D 106 2 Mor, 6 s, g . , ’91,ext.at4*3% .J& J 95 D es M .& M inn’s ,1st,7s,1907.F&A E. T. Va. & G a.—1 s t,7s, 1 9 0 0 ..J& J 111*3 1 1 2 *» 3 d M. (g u ar. C. P .), 6 s, 1 9 0 5 .J& J 105 Io w a M id., 1 st M., 8s, 1900. A&O D ivisional, 5s, 1 9 3 0 . . . . . . . . .J& J do 3s, 1905. J& J 55 Chic. & M il., 1 st M., 7s, ’9 8 ..J& J 1 ) 6 % 98 Oam den & A tl.—Consl. 6 s, 1911 .J& J 118*4 118% Consol. 5s, g., 1 9 5 6 .........M & N *98*3 W inona& St.Pet.—2d7s,1907M&N 125 4 1*3 1 s t E x t., gold, 5s, 1 9 3 7 ......J & D C an ad a So.—1 st 5s, g u ar.,1908,J& J 109 1 st extension, 7 g., 1916. J& D 73 76 E quip. & im p., g., 5s, 1 9 3 8 ..M&S 2 d m o rt., 5s, 19 1 3.............. ..M&S 105*8 Mil. & M ad., 1st, 6s, 1 905.. ,.M&fc Ï14* C incinnati E x t. —5 s., g, 1940F&A C ape F e a r & Yad. V.—1st 6 s, 1916 O tt. C. F . & S t. P ,, 5s, 1 9 0 9 ..M&S 107 C aro lin a Cent.—l s t , 6 s,g., 1920. J& J M obile & B irm ., 1st, 5a,1937.J& J N orth. Ills., 1st, 5s, 1 9 1 0 ....M&S 307 K noxv. & O hio,1st, 6 s, 1925. J& J 107*« 108 O ataw issa—M ort., 7s, 1900— F&A M adison E x t., 1st, 7s, 1 9 1 1 .A&O 133 Ala. C ent., 1st, 6 s, 1918......... J& J 100 C edar F .& M in .—1 st, 7s, 1907. J& J M enom inee E x t.,ls t,7 s ,1 9 1 1J& D 133 C ent, of G a.—1 s t,cons., 7 s ,'9 3 .J& J E ast.& W .A la.—1st, 6 a, reo’ta.1926 118 N orthw est.U n., ls t,7 s , 1917. M&S 135 Collat’l t r u s t 5s, 1 9 3 7 .. ___M&N Chic. & T om ah.—1 st,6s,’0 5 .M&N 115*4 116*« E a ste rn , M ass.—6 s, g .,1906. .M &8 § 1 2 1 1*1*3 E asto n & A m boy—M.,5a,1920M&N 10s*4 Chat. R. & Col.—5s, g., 1 9 3 7 .M&S C edar R. & Mo.— Sav.& W est., 1st, g u ar.,1929 M&S 43 1 st m o rt., 7s, 1916............ M&N 133 133*2 E. Shore Ter.—1st 5s, g., 1915.F&A C an t.o f N. J . —1 st cons. 7s, ’99.Q -J 114*8 2d m ort., 7s, 1909, g u a r...J & D 124*2 12i % Elizab.Lex.& Big 8 .—5s, 1902.M&S 97*4 98 E lm ira& W ’m sp t—1 st 6s,1910.J& j I I 6 4 118*3. C onvert, m o rt. 7s, 1902. ...M&N 123*s S. C.& P ac., 1 st, 6 s, 1 8 9 8 ..J& J 103 105 C onvert, d ebent. 6 s, 1 9 0 8 ..M&N 5s, 2862.....................................A&O 119 F rem .E lk.& M o.V .—6s,1933A&0 124 124*« E rie & P itts .—Con. M., 7s, ’98.J& J 103*2 Gen. m ort., 5s, 1987...... .........J& J 114% do do U nstam ped.. 122*2 123 .... Leh.& Wil.—Oon. 7s,g.,1900,ass.Q E q u ip m en t, 7s, 1 9 0 0 .._____A&O 100 Hi* Chio.Peo. & 8t.L .—lst5s,1928.M & S 108 M ortgage 5s, 1912............M&N E vans.& T .H .,ls t oon.,6s,1921,J& J 100 Kook Isl.D iv.cons.5s,g.,1941. J& D Am. D k .& Im p . Co., 5 s,1 9 2 1 .J& J 1 st gen. g. 5s, 1 9 4 2 ................ A&O 96 Consol., 1 st, g., 5s, 1939___M&N M r.V ernon—1st, 6 s, g.,1923A & 0 C »utral P a r .—1st, 6 s, g, 1 8 9 5 .J& J C hic.R .L& Pac.—6s, 1917,coup j &j 105 Sul. Co. B r .l s t , g. 5s, 1910.A& O 1st, 6 s, gold, 1 8 9 6 . . . . . . . . ....J & J Chicago & S o u th w este rn _______ 50 E vans. & R icb.—1st 5 g .1928. M&S 1st, 6 s, gold, 1897.................... J& J E x ten . & eol. 5s, 1934............. J& J Evanav.X.H.&Ohi.—1st, tia, g.l9v/0 c 1st, 6 s, gold, 1898______ J& J 30 yr. deb., 5s, 1921...............M&S 2d, 6 s, gold, 1 9 0 0 ................J & J § B .Joaquin, 1 st M., 6 s, g .1900. A&O C h ic.& S l.L .—1 st 6 s, 1 9 1 5 ...M&S 105%. F itenburg—5a, 1899-1903 . . . . Var. M ort., gold, 5s, 1 9 3 9 .......... A&O Ohio.St. L. & P .—C on.5s,l932.A & 0 l i t 5a, 1908................................ ..M&N C.& O. D iv., e x t. 5s, g. 1918.J& \ 107%. Chic. & G t. E a st., 1st, 7s, 93-’95. 1U0 105 6 s, 1 8 9 7 ................ A&O L and g. 5s, g., 1 9 0 0 ....____A&O 99 112*« C ol.& Ind. C .,l s t M .,7s, 1904.J& J 100%, 4*28, 1897............... M&S W est. P acif., 1 st, 6 s, g., ’9 9 .. J& J 10308 107 do 2d M.7s,1904.M&N 104 9s Cent, of S. Car.—1 st 6 s, 19 2 1 .. J& J 10 I 105 4s, 1907......... . . . . . . . ...A & o 114 Un.& L o g a n sp .,lst, 7s, 1905.A&O B ost.H .T. & W est., deb. 5a, 1913 Charles. & Sav. 1 st 7s, g., 1936.J& J Chicago St. P aul & K ansas City 115 F lin t & P . M arq.—M. 6 s, 1920. A&O 117 e ìo Ó O harl’te Col.&A.—Cons.,7 s,’95. J& J 10 1 10 i*s 103 P iiu rity os, 1 u3 a ......................J& J 1 st, eon., gold, 5s, 1939.....M & N 2d m o rt., 7s, 1 9 1 0 ................. A&O 91 127 Chio.St.P.Min.&Om.—Con. 6 s, 1930 80 P o rt H uron Div. 5s, 1 9 3 9 .......... Consol., gold, 6 s, 1 9 3 3 ......... J& J 90 Ch.St.P.& M inn. lst,6s,1918M & N i*26*’ 12a F la. C. & P en.—1st, g., 5s,1918.J& J 103 ......... C h artiers—1 s t,7s, 1901........ ..A&O St. Paul& S.City, 1 st 6s,1919. A&O 126 *« 129 1 st 1. g. ex t. 5s, g., 1930........J& J Ohes.&Ohio.—P ur.m oney fd .,6 s ’98 108*3 Qhie.& W .Ind.—S.fd. 6 s, 1919 M&N 93 ...... 1 st, con 5s. g., 1 9 4 3 .....---- J& J Series A, 6 s, 1 9 0 8 . . ... .........A&O 117 117*3 Generalm orfc., 6 a, 1932 ...,Q —M 67 69 M ortgage 6s, 1911___ ....A & O 117 118 62% F t.W o rth & D env. C.—1st, 6 s, 1921 Chi. &W. M ie h .-G en .5 s, 1921.J&D § 62 58 60 Ft.W .& Rio G .ls t 5s, g .,1 9 2 8 . J& J C .& 0 . R y. 1 s t5s, 19 39........M&N; 104 Cin. Day. & I.—lsc,g.,5s,194l.M & N | ......... 9a ___m 100 Gal.Har.& HanAnt.—1 st, 6 a,g. 1910. G en eral 4*28, g., 1992...........M&S I 72*3 73 Cin. H am . & D ay.—Consol. 5sA & .0 §104 104% 91 2d m ort., 7s, 19 0 5 ...............J & D 1 st Consol. R . & A. 4s. 1989. J& J ' 89% 89% Consol. 8 . F ., 7s, 1905.............A&O 1 ■6 91 M ex.& P.Div. 1st, 5s, 1 9 3 1 .M&N 2 d do do 4s, 1 9 8 9 ...J & J 82 1*12 * Consol, m ort., 6 s, 1905.A&O §111% Gal.Hona.& H en.—lst,5s,1913A & 0 67*s, C raig Val. 1 st 5s, g., 1 9 4 0 ....J& J 94*s 2d m o rt., gold, 4*28,1937. J& J 9! 105 W arm Sp. V al.—ls t5 s ,g .,’4l.M &S Cin. H . & 1., 1 st M., 7s, 1903.J& J § 112*2 il*3% G eorgia—6 s, 1 9 1 0 . . . . . . . . . ....J & J Georgia Pacific—1 st, 6 s, 1922. J& J 102 103 Chea. O. & S.W.—M.6 s, 4 9 1 1 ..F&A 100 92 94 C .I.St. L.&C.—1 st g. 4s, 1 9 3 6 ,0 —F 42 Con. 2d m ort., 5s, g., 1 9 2 3 ...A&O 40 2 d m o rt., 6s, 1 9 1 1 .................F&A Con. 6 s. 1920......... .......................... §105 11 12 Con. incom e, 5s, g., 1923 ...A & O C heshire—6 s,1 8 9 6 -9 8 ...............J& J 103*4 106*8 In d ia n a p . C. & L., 7s, 1 8 9 7 ..F&A $106 84 Ga.Carol.&No.—1st,5s,g.,1929. J& J 4s, 19 1 0..................................... J& J 100 Cin. Laf.& C.—1st, 7s,g.l901.M & 8 §108 83 ____ Ga.So.&Fl.—ls t6 s ,tr.r e e .l9 2 7 .J & J Chi.&Al.—Iter.M ., 6s, g .,1903. J& J 114*8 Cin. Leb. & N or.—1st, bs, 1916J& J §101 102 S inking fu n d , 6 s, g., 1 9 0 3 ...M&N e l l 5 117 C in.R ich. &Chio.—1 st, 7s, ’9 5 .J& J §162 102*2 G r.R ap. & Ind.—1 st, i.g., g’d, 7s,g. L ools’a & M o.R .,lst,7s,1900F& A 1175s Cin. R ich. & F . W.—lst,7s,1921J& D §116*2 118*2 ls tM .,7 s , l.g., gold,not guar.A & O §......... G eneral 5s, 1 9 2 4 . . . . . . . . ....M & S do 2d , 7s, 1900 M&N Cin.& Sp—7s, C.C.C.& I . , 1901. A&O {112 40 M uskegon Div. 5 s, 1 9 2 6 ...J & J .. e 20 L. J . & C. 2d 7 s, ’9 8 ......... J& J 105** 7s, g u ar., L. 8 .& M.S.. 1 9 0 2 ..A&O {112*4 100 102 E x . 1 st., g-, 4*«s, 1941......... . do 2d g u ar. (188) 7s,’98. J& J City & Sub. (B alt.) 1st 5 s,1922. J& D 104% *r.B ay W .& 8 t.P .-ls t,c o n .5 s,g .l9 ll 75 M iss.Riv.Bridge, lst.,s.f.,6s,1912 105*s Clearf. & Je tt.—i s t , 6 s , x a z 7 ...J & J li 16 2d m e., 4 s ....... . . . . . . . . . . . . . . 1 9 0 6 C hL & A t.B dge.- 1 st 6 s,g.,1915. J& J Clev. A kron & Col.— Gt. N orth.—Col. tst.4s,g.,1902.M & S y......... Chic. B url. & N or.—5s, 1 9 2 6 ..A&O vm Gen. M., g., 5s, 1 9 2 7 ............M&S fl00*4 ... dlaa.& S t. J o .—Con. 6 a, 1911.-M&S 119 120 " 3d S s, 1 9 1 8 ....,....................... J&D §lol*i 102 E quip tr. & 2d M.. 10-40S...F& A G arrisb’g P ., &c., 1st., 4 s ,1913. J& J 102 D ooent. 6 s, 1896.....................J& D 75 9o Cleve.& C anton—1st, 5s. 1917. J& J G art. & Conn.W est.—5 s,1 9 0 3 .J& J § 80 E q u ip m en t 5s, 1903, e x te n . F&A Clev. Cin. Ohio. & Sc. L ouis.— . G ousatonlc—Cons. 5s, 1 9 3 7 ..M&N 116 ____ t Chlc.B url.& Q .—Cons.,7s,1903. J& J V 2Ö“ 120*8 Cairo D iv., 4s , 1939..............J& J 104 4 & T exas C e n .ls tg . 6 s, 1 937J& J 102 5 s, s.f., 19 0 1 ........................... A&O 106 St. L. div. 1st,eol. tr . 4s, ’90.M &N 90% 93 107 Waco & N. W., 1 st, 7 s,g .,1901. J& J 5 s, d e b en tu re, 1 9 1 3 ...............M&N W hite W.V.Div. 1 s t 4s, g.,’4 0 . J & J 87 99* Cons. g. 6 s, 1912.......... A&O Io w a D iv. S. F . 5s, 1 91 9 ........ A&O C. W.&M.Div.—1 st,4s,g. 1991. J & J 90 90 D ebenture 6 s. 1897 . . . ....A & O f Io w a D iv ., 4s, 1 9 1 9 ..............A&O 96*e 97*4 Ginn. San. & Clev.Oon.5a.’2S..T&.r InO Price nominal, § Purchaser also pays accrued interest» , In London, t In Amsterda u, î In Franklort, j TLY 21, 1894.] 107 THE CHRONICLE. GEJÎERA.L QUOTATION'S OF STOCKS AKD BONDS.— C o n t in u e d . Por S tp ia a a tlo ii« See ¡Voce« at t f «Hrm P a t# o f R ailro a d B onds . Bid. A sk R a il r o a d B o n d s . R a il r o a d B o n d s . Bid. A sk .. Bid. Ask. H ouston & T ex. C ent.—Oont. Louisville N. A. & Ch’c.—Oont. N.Y.C.& H ud.Riv. —(C ontinued.)— Gen. g. 4s, 1921..................... A&O 62% 63 ¡T ......... 62 C a rt.& A d iro n lst 4s,g., 1981 .J& D D ebenture 4s, 1 8 9 7 .............. A&O 80 86 C. & I. Div., 6s gold, 1911. 107 110 N Y. & Put. 1st 4s. g. 1993. A&O 101*2 H in t.& B r. Top—1 st, 4s, 1920. A&O 101*2 Lou. R y.C o.,l8t 0., 5s,g.,193 Mohawk & M .lst,4 s,g .l9 9 l,M feS §10 )*2 10 1 Cons. 3 4 M. 5s, 1 8 9 5 ............. A&O 100% ......... LiOuts.St.L.&T.—1 s t 68,g.l91 i 50 N. Y.(. hio.& St. L.—1st,4s,1937. A&O 100% 100 %, Illin o is Cea.—1st,gold,4s,1951. J& J 1st cons. 5s, g., 1942.......... 3 15 N. i . & G re e n w 'd L .—Is tM . inc. 6s 12 97*4 99 Gold, 3*28,1951.............J& J 1 60 61 2 1 m ortgage incom e, 6 s . . . ........... Ool. tr ., gold. 4s, 1952..........A&O 101*« 3 32 36 N. / & H arlem —7s,ooap.,1900.M&N 120 Gold, 4s, 1953........................ M&N 97% 98*2 * 97% 98 N. Laek.& W.—1st, 6s, 192L.J& J 132 Í32*á, Cairo Bridge—4s, 1 9 5 0 ......... j& D Î 95% 96 d, 58. g uar., 1923.......... F&A 114 f 118% 118*2 Springfield D iv., 6s, 1898.. -J& J 105 108% 10378 Term . & inapt. 4s, 1923. ...M & N M iddle D iy. reg. 5s, 1 9 2 1 ... F&A 110 N.Y.L.E.& W .—1st ex. 7 8 /9 7 . M&N i 08 5g 11 Ó*¿ S terlin g , S. F ., 5s, g., 1 9 0 3 ..A&O s i o e " 108“ Maine C ent.r *......... ......... 2d m ort, extended,5s, 1 9 1 9 .M&S 114 S terlin g , gen. M. ,6s, g., 1895. A&O elO l 103 ) §......... 3d M. extended, 4*28,1923.. M&S 108 S terling, 5s. 1 905.....................J&D el0 9 112 ) §133*4 133*2 4 th M .,extended, 5s, 1 9 2 0 ..A&O 112 Ohlc.St.&N.O.—T.l’n ,7 s,’97.M&N 110 ir») §....... ......... 5 th M., ex ten d ed , 4s, 1 9 2 8 .J& D 100 1 st eon. 7s, 1897.......................... 110 1 st co as. 4s, 1912. 1 st cons. M., 7s, g.,1920....... M&S 132*2 134 2d, 6s, 1 9 0 7 ...........................J& D 1 st cons, fu n d co u p .,7 s,1920 M&8 5s, 1951, g o ld........................J& D 113 ) § ......... R eorgauizat’n 1 st lien, 6s, 1908 i 105 Mem. D iv., 1st 4s, g., 1951 J& D 97 ........ §......... 101*2 Long Dock con. g., 6s, 1935 A&O 128 131 la d . D. & W.—Gold, 58,1947... A&O 1 30 50 New 2d oons.6s, 1 9 6 9 ...........J& D 72 2d m. ine. 5s, 1 9 4 8 ................ J& J r C ollateral T r. 6 s ,19 2 2 ......... M&N tad . Deo.& 8p.—1st,78.1906.A&O 67*2 ) § 10 178 102 F unded couDon 5s, 1 9 6 9 ....J& D l a d . Ills. & Ia.—1 st 4s, 1 9 3 9 ...J& D r 77*i ’ 79 ” ! 1 1 2 % 114 Gold incom e bonds, 6s, 1977 __ e 60 70 I ad ’polis & St.L.—1st,7s, 1919. Y ar. 1116 r 1 1 2 % 114 Chie. & Erie 1 st 4-5s g. 1982.M&N 92 I a d ’apoUs& Vin.—1 st, 7s,1908.F&A $116 1 96 98 Incom e 5s, 1982 .......................... 27*2 29 2d m o rt.. 6s, g., g u ar., 1900. M&N 5104 f 110*2 112 D ock & Im p t. 1 s t,6s, 1 9 1 3 ...J& J 102 In .& G .N .-lst, 68.1919, cou.off. M&N 110 111*2 55 N.Y. &L. B r’eh— 1st, 5s, 1931. J& D §.... 2d, 4*2—5s, 19 o9.....................M&8 62 65 2d 6s, 1899.......................... : N. Y. N. H. & H .l s t r . 4 s,1903.J&D M&8 3d, 4s, g., 1921............... 15 let.W .Side E l.ls t 5s, g.,1942. 66 64 Con. deb. certs. 3d Instalm ’t pd.. 103 105 Io w a Cent.—1st g., 5s, 1 9 3 8 ..J& D 90*4 Mex. Cent.—Consol. 4s, 1911. § 53% 54 N.Y.& North’n - 1 s t g.5s,1927’.A&O 116 I 'a F a lls & 8 . C —lst,7 s,1 9 1 7 .A & 0 §129 129% 14 15 N .Y .O n.* W.—C on.5s,g.,1939. J&D 109*8 109*s Jaok.T.& K ey W .,ls t6 g.,1917.J& J 6*2 7 R efunding, 1st, g., 4s. 1 9 9 2 .M&8 85% 8 5 78, Jefferson—l s t 5 s , g. E rie, 1909. A&O 100 ' 70 N. Y. & N. E ng.—1st, 7s, 1905 .J& J 109% 110 Jeff. Mad.& In d .—1 st, 7 s,1906. A&O §110*2 85 1 st M., 6 8 ,1 9 0 5 ............. J& J 105 105*4 21 m o rt., 7 s, 1910................... J& J §116 5 99*4. 2d m .,6s, 1 9 0 2 ............. F&A 99 K anaw . & Mich., 1 st 4 g.,1990.A&O ...... 79 4 ___ N. Y. Pa. & O.—P rior lien, 6s, 1895 el0 3 107 K an sas C. B elt, 1st, 6s, 1 9 1 6 ..J& J 100 16 120*2 121*4 17 do 1 st 7s, 1905........... K an. O. C linton & S pr.—1st,5s, 1925 60*2 106 1 2d m ort, inc., 5s, 1910....... . 2 Pleas. H ill & D e Soto, 1st, 7s, 1907 108 1 116 * 3d m ort, inc., 5s, 1915............. . e l*a 80 K C.F.So.&Mem.—lst,6s,1928.M & N 1 116 E quip. T ru st., 5s,1908..........M&N e 95 97 K.C.&M.Ry & B r .l s t 5 g, 1929.A&O 94% 9 8 . ......... N.Y. P h il. & Nor.—1st, 1923 ..J & J 102 % C u rren t R iver, 1 st, 5s, 1927.A&O 63 J . L. & Sag...... Incom e 6s, 1933»....................A&O 27 K.C.Ft.Soott& G.—1 st,7s,1908 J& DD S107% 108 r § i 2o N. Y., Prov. & B oston 7s, 1899.J& J K an. C. M. & B.—1 st, 5s, 1927. M&88 22 30 §120 N .Y .S .& W .-lst refnd.,5s,1937. J &J 104% B tr., equip., 6 g., gu., 1903... M&85 75 77 e 76 78 2d m ort., 4 * 2 3 ,1 9 3 7 ..............F&A 85 K. 0 .8t.Jos.& C.B.—M .78,1907 J §120J& J124 § 95 Gen. m . 5s, g, 1940........... F&A 91*2 94 N odaw ay Y al., 1 s t, 7s. 1920. J& Di §105 106 2d 5s. g u ar. N. Y. S. & W., 1896 88 T erm . 1st, g., 5s, 1943......... M&N 106*2 .... K an. C.Sub.Belt.—1 st 1920 6s.. J& D5 y M idland of In d ia n a 5 s ......... ........ M idl’d of N. J .—1st,6s, 1910.A&O 116 K an. C. Union T erm . 5 s.......F&A1 ......... Mil. L ake Sh. & W.—6s, 1 9 2 1 .M&5 125 Norf.& South.—1st g., 5s,1941.M&N l o i 102*2 K an. o . P itts. & G u f 1st 5 s... A&O) ........ 104 106*2 NewD’g D utch.& Conn.—tacs. 1977 Ken. Cent. Ry.—Gold 4s, 198 7.J& JJ 82 E x t. & Im p. s. f. i 110 Nor. & W est—Gen., 6s, 1931. M&N 114 115 K en tu ck y U n. 1st M., 5 s. 1928. J& J1 10 ... New R iv er 1 st 6s, 1 9 3 2 .... .A&O ... i l l 16 122*2 Keokuk& Des M.—lst.5 » 1923. A&O0 9d 100 Im pr. & E x ten ., 6s, 1 9 3 4 ....F&A e l0 2 105 124*2 ......... Kings Co. E l.- Sr. A ,5e, 1925. .J& Jr ......... 79*2 elO l 104 A djustm ent 7s, 1924......... M. 2d m o rt 5s. 1938....................A&O) ......... St. P .E . & G r. JL’r ’k, 1st, g uar., 6s E quipm ent, 5s, 1 9 0 8 ............ J& D t 67*2 F u lto n E l. 1 st M. 5s, 1929..M & 83 75 ...... 70 Clinch V. D „ 1 st 5s, 1 9 5 7 ....M&S e 65 L ake E.& W est.—1st,g. ,5s,1937J& J 113 115 n V Md. & W. Div. 1st 5s, 1941. .J& J e 65 70 2d g., 5s, 1 9 4 1 ......................... J& J 102% Minn. & St. L.119 D eb en tu re 6s, 190 5 .............. M&S L ake sh o re & Mich. So.— 115 , R oan. & So.1st g.gu.5s,1 9 2 2 .M&S 78 B uff.& E.,new bds,M .,7s,'98.A & 0) 112*2 113 130 1 1 0 i C ol.C onn.& Term .Ibt5s g ’2 .\J & J Det.M on.& T ol.,1 st,7 s,19 0 6 .F&A1 ........ ! So. Side, Va., ex t. 5-6s.......... I9u0 100 113 D ividend bonds, 7s, 1 8 9 9 ...A&O) 114 120 do 2 d M .,e x t. 5 - 6 s ....l9 0 0 100 Lake S h o re, co n s., op., 1 s t, 7 s . J& J 118 ......... e 95 100 . do 3d M., 6s, ’96-1900.J& J 103 do co n s.,cp .,2 d ,7 s,li)0 3 ..J& D) 122*2 Minn. 8. Ste. M. & A tl.—1 st,4s. Va.& T eam , 4 th M .,8s, 1900.J& J 112 115 Mahon. Coal RR. 1 st,5s,1934.J& J 112 fH""j Consol. 4s, 1938........ ..J & J e 9*6 99 _-Pi«. do ex ten d ed 5% 1900.J&J Kal.A.& G r.R .—1 st 5s, 1938.J& J1 110 713g 79% Mo.Kan.&T.—1st, g ., 48,1990.J&D 100-year m ort. 5s, 1990 ....... J& J e 62 64 Letngh Yal.—1 st, 6s, 1898___J&D) l t 9 2d, g. 4s, 1 9 9 0 .................... ..F & A 41% 43 , 109% do Nos. above lO.OOO Con. M. .sterling, 6 g., 1 8 9 7 ..-J&D>e^04 106 M.K.& F .o f T., 1st 5s,gu.,’4 2 .M&S 85 1 North. Pac. Co*st L sto s.. ...M feN 2d m o rt., 7s, 1910.................. M&S 132 K ans. C. & Pao. 1 st -ts. g . F& a 72% N orth Penn. —1 st,7s, 18^t>....M (sN 106 Oon. M., 6s, g., 1923 re g ....... J&D 121 Dal. & W aoolst,gu.,5s,l940.M & N 80 (leu. m ort., 7s, 1 9 o 3 ...............J<sJ 122*2 Len. V .R y ,lst 4*28, g., 1940,rec.gu. i l D ebenture 6s, 1905 ............ . M&S 98% ......... M o .K a n .& E .,ls t5 s ,g , gu.,’42.A&0 77*4 7^ M Leh.V. T er.—lst,g .g u .5 s. 1941. A&O . . . . . . Mo. P ao.—Consol. 6s, I9 2 0 ...M îeN 94 ICO Northeast..S.C .—Lst M .,ns,ye,Al& 8 112 Leh. VI. Coal, D 15s, g. ,gu. ,1933. J«s J ......... 102% 3d m ortgage, 7s, 1906......... M&N 1U7 1 j 7*4 2d m ort.. 8s, 1899_________ M&S 110 Litonf. Car.& W est, ls tg . 6 s,'i6 J& J 95 T ru st gold, Ss, 1917...............M&S Consol, gold, 6s, 1933............ J& J 101*2 L. M iami—R enew al 5s,1 9 1 2 ..M&N §111*2 113 Col. tr u s t, 5s, 1920.................F&A 63 6 1*2 iN orthern, Cal.—1st, 6s, 1 9 6 /.. J& J L. Rook & F t.8 .—1st, 7s, 1905..J& J l 82*2 83 L e x in g to n D iv., 5, 1920....... F&A Consol. 5s, 1 9 3 8 .................... A&O 90 L ittleR .& Mem.—l8t,5s,1937.M & 8 s 34 37 P ae.of M o .,lstex .g .4 s,1 9 3 8 .F & A 98 99*8 N orthern C ent.—4*23, 1 9 2 5 ..A&O 104 L m g Isla n d —1 st M.. 7s, 1898.M&N 111*2 113*2 2d e x t. 5s, g., 19 3 8 ...............J& J 2 d m ort., 6 s ,19 0 0 .................A & O 112 113 1st consol. 5s, 1931...............Q—J ......... Ver. Val. I u d .& W .lst 5 s, *26. M&S + *678 ......... Con. m o rt.,6s, g.,ooup., 1900. J& J 110 Gen. M. 4s, 1938..................... J& D 98 102 Ler.&Can. Val.A.L. 1st os.’JO. J& J M ort, bds., 5s, 1926, series A J«&J 111*2 F erry —1st, 4*23, g., 1 9 2 2 ....M & S1 101 St. L.I.M.&S.—1st ex. 5s, ’97.F&A 102 do series B ......................... 111 4s, g., 1932................................J& D> ....... 2d. 7s, g., 1897 .................. M&N 106 Cons. M. 6s., 1904.................... J& J 120 No.Hh. Br. lstc o n .5 s ,g .,1 9 3 2 .Q -J 103% io«*‘ A rk. B r. 1. g r., M., 7s, g., ’95.J& D Con. m o rt, stg. 6s, g., 1 9 u 4 .. .J& J ,106 108 N. Y.&R’yB ,ch,istg.i>s,1927.M & 81 ......... Cairo-Ark. «ss i'., 1st,7s,g.,’97.J& D 100 U nion RR .—1st, 6s, end. C ant.,'95 100 2d m o rt. inc., 1927...................8 37% 43 Gen. con. r ’y & 1. g., 5s, 1931 A&O 75 Nor. P acifie—Gen.,-6s, 1921.. ..|J&J 108*4 108*2 N. Y.& Man. B each, l s t 7 s ,’9 7,J& J ......... M ohile& O.—l s t . g ’d, 6s, 1927. J&D 112*2 113*2 Gen. lau d g r.,2 d , 6s, 1 9 3 3 ...A&O 74 74*2 Sf. Y. B. & M. B .,ls t con. 5s, 1935 . . . . . . 98 1 st E x te n sio n 6s, 1927......... G—J Gen. la n d g r., 3d, 6s, 1937...J& D 52*2 53 Brook. & Mon., 1 st 6s, 1911.M&S 108 60 G en m o rt., 4s, 1 9 3 8 ..... ...M & S 62 Con. L. G.. g. 5s, 1 9 8 3 ......... J& D 24 24*3 i s r os, 1 9 1 1 .........................M&S 104 St.L.& Cairo—4s, guar., 1931.J& J D ividend sc rip ex t. 6s, 1907.J& J 24 30 2d, “ 8 ,1 9 3 8 .......................... J&D 101 M ont. & E u fau la, 1 st 6s, 1 9 0 9 .. J& J 95 Col. l s t g . n otes 6s, 1 8 9 8 ...M &N L . I C ity & F lu. 1 st6 8 ,1 9 1 1 .M&N M org’n ’sL a.& T ex .,lst,6 s,1 9 2 0 J& J 111 P e n D’O reille D tv., 6s, 1919..M&S 101*2 L »u’v.Ev.& St.L —1st,6s, 1926. A&O §101*2 101% 1 st m o rt., 7s, 1 9 1 8 ......... ....A & O 124 Mo. D iv. 6s, 1 9 1 9 .................. M&N 100 % E R . & E . D iv., 1st, 6 s,1921.J & J § 99 100 M o rris* E ssex —1 st, 7s, 1914 M&N 141 Ja m es R iv.V al.—lst,g .,6 s,’3 6 J& J 2d m o rt., 2-6s, g ., 1 9 3 6 . . . , ......... '!§......... 95 Uonv. bonds, 7s, 190 0 ............ J& J 1131« 115*2 80 Spokane & P a l.,1 st 6s, 1936.M&N — H . T. C. & C. 1st 6 s,g., 1927.A & 0 G en eral m o rt., 7s, 1901....... A&O 120 H elena& R ed Mt. 1st,6s, 1937M&S Consol. 5s, 1939.......... .J& J 45 49*2 Consol, m o r t.,7s, 1915.......... J& D 138*2 140 D ul. & M an., 1st, 6s, 1 9 3 6 ...J & J 70*8 Genl. 4s, g., 1 9 4 3 ....................M&S 12 N a s h u a * Low ell—5s, 1 9 0 0 ...F&A 6105*« 106 Dak. E x t., 1st, s.f. 6s, 1937.J& D 70*8 L JOlsv.&NaahY.—O ons.lst,7s,1898 111 Nash. Chat. &S.L.—1 st,7s, 1913. J& J 126*2 N o.P ao.* Mon., 1 st,6s, 1938.M&S 26 23 Oeoilian B r., 7s, 1 9 0 7 ...........M&S ......... 110*2 2d m o rt., 6s, 1 9 0 1 ..............;.J & J Coeur d ’A l.,ls t,g - , 6s, 1916.M&S O. & Mobile. 1 st 6s, 1930. J& J 114 C onsolidated gold ds, 1928.. A&O 100*2 101*4 do Gen. 1 st g .,6 s , 1 9 3 8 ...A&O do 2d, 6s, 1 9 3 0 ....J & J IOC? 1st 6s, T. & P. Boh., 1917. ..J & J C ent.W ash’n, 1st g.6s.l938.M & 3 E. H . & N., 1 st 6s, 1919....... J& D l i ó 1 s t 6s, Mc. M.M.W. & AL,’1 7 .J frJ 100 Ch. & No. Pao. con. 5 g. 1940. A&O 42 G en’I m a rt., 6s, 1 9 3 0 .............J& D 112*2 1st 6s, J a sp e r B ranch, 1 9 2 3 .J& J North. P. T er. Co.—1st, 6s, ’33.J& J 94 LotPv.C.& Lex.—1 st,7s,’97 ..J & J §105 105*2 New H av en <s D erby—Con. 5s, 1918 112 N. W. Gr. T ru n k 1st, 6s, 1910. .J& J 100 2 d m o rt., 7 s, 1907...............A&O §122 123 6s, 1900.....................................F&A §...... N. W. Nor. C ar. 1st 6s, 1 9 3 8 ..A&O 49*a Mem.& 0.,.stl., M . , 7 s , 1901 J& D e l l 4 116 New H av en & N ., 1 st 7s,1899.. J& J Norw’h &Wor.—1 st M ..6s.’97..M&8 §io5*2 103 M. & C la r\sv .,st’g,6s,g,1,lJ 0el0 2 F&A 8 111 Consol. 6s, 1909......................A&O O gd.& L .C ham .-C ons.6s,1920. A&O §101% 102 P ensacola L'iv.,1 st,6s,1920. .M&S N. J . Ju n c tio n , 1st, 4s, 1 9 8 6 ..F&A 12*2 15 Incom e, 6s, 1920................... St. Louis D iv.. 1 st, 6 b, 1821. .M&S 119*4 N. J . & N .Y .—1st, 6s, 1 9 1 0 ...M&N Ohio I. & W.—1 st p fd .5 s,l9 3 8 ..Q -J do 2d.,3a„1980.M & S 57 New LondonNor.—lst,4s,1910.J«feJ Ind. B1.&W.—1st, p f.,7 s, 1 900.. 109 R ash. & D ec., 1 st 7s, 1 9 0 0 ...J& J 110% N. J . Son.—1st, 6s,1899 Int.gu.J& J O. & M iss.—Cons., s.f., 7s,1898. J& J 107% Bo. & No. A la., S. F . 6s,1903M & N e l0 9 I l l N. O. & N o rth east.—P rio r 1.6s. 1915 Cons, m o rt., 7s, 1 8 9 8 . . . . . . .J& J 107% T en-forty 6s. 1 9 2 4 .................M&N 100 N.Y .& Can.—£ M .,6s, g., 1904.M&N 2d consol, m o rt., 7 s, 1 9 1 1 ...A&O 117 50-year gold, 5s, 1937......... M&N 90 N.Y.C.& H .R .—1 st o p .7s,1903.J& J lst.S p rin g f. D iv., 7s, 1905.. M&N 109 Unified 4s, g., 1940................ J& J 70*2 72*2 D eb en tu re .5s, 1 8 8 4 1 9 0 4 ...M&S 1st gen., 5s, 1 9 3 2 . . . . .............J&D P en sa. & AtL—1st,6s,gu,’21. F&A 98 do 5s, 1889 1 9 0 4 ... M&S Ohio R iv er R R .—1st, 5s, 1936.J& D 101 Col. tr ., gold, 5s, 1931....... M&N 98 do 4s, 1 8 9 0 -1 9 0 5 .. .J& D 85 Gen. gold, 5s, 1 9 3 7 . . . . . . . ...A & O S. & N. Al. s. f. 6s, 1 9 1 0 ....A& O 104 D ebt, 4a, g., 1905, e x t., M&N___ 91 Ohio S outhern—1 st 6s, 1 9 2 1 ...J& D Consol. 3s, 1 93 6 ..................F&A 94% S a i l i n g m ort., 6s, g., 1903...J<&J 118 Gem. M. 4 8 ,1 9 2 1 .....................M&N 37 42*» N ash .F .& S .lstgd. g.5s,1937.F& A 95 Gouv.&Os w .ls t 5s, g. 1942.. .J&D 123 Ohio V alley—Gen.M .,0fi., 1938. J & J ____ I/sv.N .A .& Chic.—let,6s,1910.J& J 107 N or.& M ont. 1st 5s, g., 1 9 1 6 .. A&O 106*2 Old Colony—6s, 18 9 7 ............... F&A §106 Com. m o rt. (tc j o i f t ___ A&O 91 92 1 R. W.& o.Te'-ra. i s t f ts .e .J m . M&N 1805 . . . . . . ..................... J& D S io rfe 102 r a w ttyuotu- § ¿'uro**»«« also pays aoorned interest, 6 In London, MM Coupon off. tIn A^tordao. ifraokfort, Garina iy. ^ / THE CHRONICLE. 108 I VOL, L 1 X . GENERAL QUOTATIONS OF STOCKS AND BONDS— Continued F or E x p la n a tio n s se e Motes a t Head, o f F ir st P age o f Q uotations. Bid. Ask Ra il r o a d and Mis c e l . B o n d s . B id. Ask. R a il r o a d B onds 44 46 U.P.—Ore. Short-L. & U. N. C on.... S.L.& 8 .F.— Equip.7s. 1 8 9 5 ....J & D ......... O ld Colony—6s, 1 8 9 6 ............... M&S § Collat. T ru st 5s, 1919 — M&S 35 2d M., 6 s, class B , 1906----- M&N i ï ô " 4*38,1904................................. A&O Oregon Short-L., 6 s. 1922 .. F&A 80% 81% 2d M., 6 s, class C, 1 9 0 6 ....M & N 110 ......... 83 U tah South.- G en.,7s,1 9 0 9 .-J& J 1st m. Mo. & W. 6 s. 1919 ...F & A 10 1 % do E x t,1st,7s,1909 J& J 93% 92 G eneral m o rt.. 6 s, 1 9 3 1 .. . . . . J & J B. C. f ". & N. B., 5s, 1910 ..J & J \ U tah & Nor.—1st M .7s,1908.J& J Coll. tr s . s. f. 6 s, 1 9 2 0 ...........F&A 1 98% O m aha & S t.L .—1st, 4 s,1 9 3 7 ..J & J Gold 5s, 1926........................ J & J 80 G eneral m o rt., 5s, 1 9 3 1 ......J & J Oreg. & Cal.—1 s t os, 1927 ..--J&.T 35% U .P.D en.& G ulf con.,5.g.,1939. J&D 35 70 104% 1st tru s t, g., 5s, 198 7 ............A&O Oreg. R ’y & N av.—1 st bs, 1909. J& J U. &B1. R .—Con. 4s, g, 19 2 2 ..J& J 102 103% 4 9 “ 45 Con. gu. 4s, g., 19 9 0 — — A&O Con.M .5s, 1 9 2 5 ..— 107% U tica C lin.& B ing.lst 5 ,1 9 3 9 ...J& J Kan. C. & 8 w .,lst,6 s,g .,1 9 1 6 ..J& J 49" C ollateral t r u s t f s, 1 9 1 9 .-.. M&S Valley of Ohio—Con. 6 s, 1921.M&S 60 F 0.8 .& V .B .B d.,lst, 6 s, 1910. A&O Osw.&Rome—ls tM .,7 s , 1915.M&N Ver. & Mass.—G uar. 5s, 1903.M&N §106% 106% 8 t.L.K.&So.W. 1 s t 6 s, 1916M&S 2d. g. 5s. gu ar., 1915............ F&A Va. Midl’d.—1 st ser., 6 s, 1906. M&S 116 K ansas M id.—1st, 4s, 1937. J& D 108 P a n a m a —S te rl’g M ., 7 s. g. ’97.A& 0 2d series, 6 s, 1 9 1 1 ........... ...M & S 116 117 8t. Louis Salem & A rk an sas—5s. t . . ~ 96 B ub sld y h o n d s, 6s, 1910....M & N 3d series, 6 s, 1 9 1 6 ......... - ...M & S 108 10 • t 97% 132 St. L. W. & W., 6s, 1919....... M&S P en n . RK.—Gen. M, 6s, e, 1910. J& J 85 4 th series, 3-4-5s, 1921......... M&S 70 130 it. L. So. W. 1st, g., 4s, 19 8 9 .. .M&N 55% 56 Gen. M, 6s, £ e, ! £ 1 0 .V...- ^ J & J 5 th series, 5s, 1926.................M&S 98% LOO 16 15 2 d ,g ., inc. 4s, 1989 . . . . . . . . . . J & J 119 Cons. M., 6 s,c p ., 0 5 .J .1 5 & D . 15 92 G eneral 5s, 1936. . . — ....M & N i t . L. V. & T. H .—1 st M., 7s, ’97. J& J 106% 119 Cons. M. 6s, £ do u ° -----92 do g u aran teed , sta m p e d — 2d m ort., 7s, 1 8 9 8 .... ......M & N Consol. 5s, op., 1919.............M&S W abash—1 st gold 5s, 1939. .M&N 10 2 % 102 % 106% Ï1Ô " 2d, 7s, g uar., 1898................ M&N Cons. 4 , g . , 1 9 4 3 : 72 71 2d gold 5s, 19 3 9 ......................F&A 55% i t . P . & D uluth—1st, 5s, 19 3 1 .F&A 54% C o llateral tr u s t, 4%s,,1 9 1 3 .-J&D 25 Deb. m ort., series B, 1 9 3 9 ...J & J 2d m ort., 5s, 1917...... A&O ■Rnnin T r. 4s, series A .......... Cl—r 98% D et. & Chic. E x t.,lst,g .,1 9 4 1 .J& J 110 8t.P.M inn.& M an.—1 st 78,1909 J& J I S u x . m o n e y 1 st 4e,1923.M&N 105% St.L.K.C. &N. (r.est.& R .),7s.M&S 105% 2 d 6s, 1909............ ....A & O 117 118% P en n . Co., 6s, coup., 1907-.Q .—J 1055s do St. C ha’s B ridge 6 s, 1908 118 P en n . Co. 1 st M., 4 %s ,1921,. .J& J 110 1 1 0 % D ak. E x t.. 6s. 1 9 1 0 ...............M&N 116 do No. Mo., 1 st, 1 8 9 5 ...J& J 10 2 % 1st consol. 6s, 1933 .............. J& J 104% Penn.& N.Y.Can.—1 s t. 7 s ,’9 6 . J&D >102 102 % 99% 1 st consol.,reduced to 4%s ..J & J 99% 124 l s t m o r t .,7 s , 1 9 0 6 ............... 97% 97 86 M ontana E x t., 1 st, 4s, 1937. J& D & HR. consol. 4s, 1 9 3 9 ...........A&O 93 10 * W. Je rs e y & A t. 1 s t M .,6sl910M & e P ac. E x t., 1 st 4s, £ , 1 9 4 0 ....J & J P enn. & N . W.—5s, 1 9 3 0 ..---.-J& .J W est J e rs e y —1 st, 6 s, 1 8 9 6 .....J & J 103% Minn’s U’n , 1 st, 6s, 1922 ....J & J "83* Peo. Deo. & E v .—1 st, bs, 1 9 2 0 -J& J I stM .,7 s , 1899.............. .........A&O 113 M ontana Cent.—1st, 6 s,1937J& J 110 2 d m ortgage, 5s, 1 9 2 6 .......M&N W est Shore—G uar. 4s, 2361. . .J & J 103% 103% 97 1st, g uar., g , 5s, 1 9 3 7 ........J& J E v S i8 v U l# D iv .,l8 t 6 8 .1 9 2 0 .^ * 8 103 104 W est Va. C. & P itts.—1 st,6s,1911J& J 103 E a s t’n,M inn..1st,g.,5s,1908.A&O 101 % Peo.& P ek in U r . -lst,6 s,1 9 2 1 .Q —F West. V a.& P itts.—I s t5 s ,1990. A&O «110 11 2 W illm &S’x F .) st,5s,g.,1938.J& D 102 65 97% 2 d m o rt.. 4% s, 192J - - ; x r q ^ ^ West. N .Y .& Penn—lst.S s , 1937J& J 120 St.P.& N o.Pao.—G en.68.1923.F& A Perkiom en—1 st ser. 5s, 1918 . y —J 20 % 2d m ., 3s g.—5s sc. 1927 A&O 20 ___ 89* i.A n.& A .P .,lst,g.,gu.,4s,1943.J& J " ö i “ 52 2 d s e r ie s 5 s , 1 9 1 8 .... . . . . . . Q- J 106 W arren & F ra n k ., ls t,7 s ,’96F& A 88 S anF .A N .P .- ls t,5 s ,g .,1 9 i9 ...J & J P etersb u rg —Class A , 5s, 192b.J& J 104% 105 W est’n No. C a r— Con. 6 s, 1914.J& J 112 SanduskyM ansf.& N .—1 st, 7s, 1909 Class B . 6s, 1 9 2 6 . . ........A & O W .Penn.—P itts.B r., 1 st 6s,’9 6 .J& J 102 % — 48 Sav.Am . & M on.con.,6,g.,1919.J& J P n ila.& E .-G en .g u ar.,6 s,g ., 20.J& J Gold 4s, 1928........................... J&D ......... Sav. FI. & W.—1st, 6s, 1 9 3 4 ..A&O G en eral 5s, 1920....................A&O 106 W h eeling* L. E rie—1 s t,5 s,...1 9 2 6 At. & G ulf, con. 7s, 1897 ....J & J i 104 102 G en eral 4s, 1 9 2 0 .... ---■ 98 105 W heel. D iv., 1 st, 5s, 1 9 2 8 ---- J& J So. Ga. & F la.—1st, 7s,1899.M&N Sunh. & E rie—1 st, 7s, 1897.. A&O E x te n s. a n d Im p. 5s, 1 9 3 0 ..F& A 2d, 7 s, 1899.........................M&N 102 P h il. & B ead.—2d 5s, g., 1933. A&O Consol. 4s, 1992 . . . - . ——. . - . J & J 72 8ciot.V .& N .E .-lst,g.,4s,1989.M & N 1 st, 6s, 1 9 1 0 . . . . . . . . . . . . . . . - -J& J Wilm. Col. & A ug., 6 s, 1910 ..J& D 114 Seaboard & R oan.--6s, 1 9 1 6 ..F&A Consol.M .,78,1911, reg.& op. J&D 90 100* Wilm. & W eldon—7s, g., 1 8 9 6 ..J& J 105 5s, coup., 1926.............. ....J & J Consol, m o rt., 68^1911......J & D 5s, 19 3 5 .................................... J & J 1 1 0 % Seat.L.S.& E.r—lst,g o ld ,6 s,’31.F&A Im p ro v em en t m o rt.,6 s , 9 7 -A&O Winona&S.W.—lst,6s,g.,1928.A & 0 42 T ru s t re c e ip ts................................... Cons. 5s, 1 st se ries,1922— M&N 54% W iscon. Cent.Co.—ls t,5 s l9 3 7 .J & J Sham. Sun.& Lew.—1st, 5s,’12M&N D eferred incom e 6 s . . . . . . . . . . - . - . 734 8 Incom es, non-cum ., 5s, 1937....... 8ham.V.& P o tts.—7s, cou. 1901 J& J 113% New gen. m o rt.,4 s , a k a ' p 10 1 §100 Wore. N ash. & R .—5s, 1 8 9 5 ... Var, S odus.B ay& S. 1 st 5s, g .,1924.J& J 1 st pref. in c., 5s, gold, 1 9 5 8 .... F 20 So. Cen. (N.Y.)—Consol, m o rt., 5 s .. ......... 2 d p r e f. in c., 5s, gold, 1958— £ 11 2 § 1 1 1 % So. Car.—1st, 6s, 1920, tr. rec. A&O 3d p ref. in c., 5s, gold, 1958— F 115 2d m o rt., 6s, 1 9 3 1 . . . . . . . . . ...J & J 3 d p ref., in c., 5s, c o n v e rtib le .. .F Incom e 6s. 1 9 3 1 ----------------------T erm . 5s, gold, g u ar., 1941.Q. F 102 % Amer. Steam ship—6s, 1 8 9 6 ...A& O iÖ3% 80. Pao.,A riz.—1 st,6s,1909-10. J& J " 88" P h il. B ead. & N. E .—4s, 194 * ........ B. & S.Car Co.—1st, g. 6s, 1942. J& J 80 P ac.C al.—1 st,6s,g.,1905-12 A&O 106 In co m es, Class A ......1 9 5 2 ........ B o s to n * Mon.—7s, 1902-07. . M& n §1 0 1 % 102 90 1 st con. g, 5s, 1938......... ....A & O Incom es, Class B . . . . . . 1 9 5 2 ...... Bost. U n. G as—58,1939 ,1 r.rec .J& J 82% 82% p h ii.w . & B a lt.—D eb.4s, 1917A& 0 1 0 1 10 2 % 1 st cons, g., 5s, g uar., 1937. M&N 90 52 Ches. & D el.Can.—1 st 5 s,1916. J& J 51 82% Aust.acNorw .—ls t,5 s ,g .l9 4 1 J & J 81 6s, 190 0.................................... -&&£ §110 11 2 86 % 87% Chic. G as L. & C.—g. 5s, 1 9 3 7 ..J& J 93 So. P a c .B ra n c h —6 s. 1 9 3 7 ....A & O 5 8 , 1 9 1 0 . . . . .............................. J&J? §109 1 1 1 104 103% Chic. Ju n e . col. g. 5s, 19 1 5 ---J& J So. P ac., N. M.—1st, 6 s, 1911 .J& J 95 T ru s t certs. 4s, 1 9 2 1 .........J & J 102 Colorado Coal & I —6s, 1 9 0 0 .. .F&A 100 Spok.Falls &N.—1 st 6s,g.,1939. J& J . . . P ied. & Cum b.—1 st, 5s, 1 9 1 1 .F&A 98 100 Col. C. & I.D evel.gu.5s,g.,1909. J& J S ta te L. & Sul.—1 s t 6 s, 1899. ..J & J i0 3 106 P in e C reek gu. 6s, ^eg., 1932. J& D Col.& H ock.C l& l’n —g.6s,1917.J& J _ 1 1 1 S tat. Isl. R. T r.—ls t6 s ,g .,1913. A&O Fit.C .C .& St.L .eon.4 %B A,1940A&O 103 4% 6 92 1 Comst’k T un.—1st in. 4s,1919.M&N 2 d m ort. g u ar. 5s, g., 1 9 2 6 ... J& J 85 Cons. 4%s, series B , 1 9 4 2 ...A&O 103 104 Consol. Gas, B alt.—6s, i 9 1 0 . . .J& J 114% 114% 104 8 unb.Haz.&W-B.—1st ,5s,1928M&N Con. 4%s, series, C, 1 9 4 2 ...M&N 103 104 10 2 % 103 Consol. 5s, ,1 9 3 9 .......... . . ..J & J Pitt8b,C.& Ht.L.—1 st, 7s. 1900.F&A] 116 116% 1 2 d m o rt., 6 s, 1938, re g ....... M&N 104 ......... Oonsolid. Coal—Conv. 6s,1897. J& J 101 Sunb. & L e w isto w n ,) 8 ,1 8 9 6 ..J& J P ittsb . LI. & Tol.—1 st, 6s, 1922. A&O1 g. 58.1936 ......... 84 PittSb.& Con’llsv.—lstM .7 s,’98.J& J 108% 109*" Susp. B. & E rie Juno.- - 1 s t 7s, 1900 107% . . . . ConsUm.Gas.Chic.—1st, D env.C ity W ater Co. 5s,g.’10.M&N ' Svr.Bing.&N.Y.—oon&ol.7s,’06A& 0 128 133 S terlin g eons. M. 6s, g., guar. J& J «127 129 D enver Con. G as i s t 6s, g .- - . 1911 §......... T er.R R .A .S t.L .lst,g.4% ,1939,A&O P ittsb .F t.W . & C.—1 st,7 s ,1912 Y ar 134 58 D etr.G as.—c o n ,ls t,g .5 s .l9 1 8 .F * A ? 57 98 1 Ö2 2 d m o rt., 7 s, 1 9 1 2 ....................V ar 133 ...... Ter.H .A P.—lst,5s,gu.,g.l942.M & 8 107 E a st R iv er G as—1st,g.5s,1942. J& J 96 T erre H . & Log’p t.—lst,g u ., 6 s,J& J 3 d m o rt., 7 s, 19 1 2 ......... .— A&O 128% 106 107 E disonE lec. 111. Co.—1st, 5 s ... 1910 100 1 st a n d 2d, 6 s, 1 9 1 3 . . . . . . . . ..J & J P ittsb . Ju n e . 1 st 6a, 1 9 2 2 ...... J& J 115 E q. G’s&F., Chic—ls tg .6 s ,1905. J& J 90 Tex. C ent.—lst,sk.fd.,7s,1909M & N P itts b . & L ake E .—2d,5s,1928 A&O 100 ....... G eneral Elec. deb. 5s, 1 9 2 2 ...J& D 85% 87 1 st m o rt., 7s, 1 9 1 1 ..............M&N — P ittsb . McK.& Y.—1 st,6s,1932. J& J 121 Gr’dR iv.C l.& C.—1 st g.6s,’19 A&O T exas & N ew O rleans—1 st,7S.F&A 122 2 d 6s, 1 9 3 4 .......................... Hecker-Jones-Jewell. Mill’g 1st, 6s. §105 106 S abine D iv., 1 st, 6 s, 1 9 1 2 ...M&S 104 McK. & B. Y e r .ls t 6s,g.,1918. J& J 120 H enderson Bridge—6s, 1 9 3 1 ..M&tt 110% . . . . . . 90 Cons. g. 5s, 1 9 4 3 ................... F&A P itts.P a in .& F .—lst,g.,5S ,1916J& J 90 H oboken L. & Im p. 5s, 1910..M&N 106 Tex. & P .—E a s t.D .ls t 6s,1905.M&S P itts.S hen.& L. E . l s t 5s,1940. A&O t i l s te e l C o .-D eb . 5s. 1910.. J& J| 80 ___ 81% 82 1 st gold, 5s, 2 0 0 0 ................... J& D 82 P itts b . & W est.—1st, 4s, 1917.J& J In d ian ap o lis Gas 1st 6s,1920.M&N 100 101 22 2 2 % 2 d gold in c., 5s, 2 0 0 0 ............ Mch 80% M ortgage 5 ,1 8 9 1 -1 9 4 1 .— M&N 75 Iro n S team boat Co.—6s, 1 9 0 1 .J& J 65 T h ird A venue 1 st 5s, 1937.......J& J 115% 116 P itts. Y. <S Ash.—-1st,5s, 1927.M&N 100 Laclede Gas, St. L .—5s, 1 9 1 9 .. Q—F 87% Tol. A. A.& Cad.—1 st,6s,1 9 1 7 .M&S 60 A sh ta b u la & P itts .—1st 6s, 1908. 116 109% Lehigh C.&Nav.—M.4%s,1914.Q—J 80 Tol. A. A.& Gr. T.—lst,6 s,1 9 2 1 .J& J 70 P o rtl’nd& Ogb’g—lst6 s,g .,1 9 0 0 J& J §108 110 RR. 6s, 1897............................Q—F 106% 45 50 Tol. A. A. & L ake Mich.—1 st 6 s . . . 105 P o rt R o y a l* A ug.—1 s t,6s, '9 9 .J& J Convert. 6s, 1894 ...................M&S 102 Tol. A. A.&M.P.—1 st,6s,1 9 1 6 .M&S In co m e m o rt., 6s, 1899 . . . . . -J& J M ort. 6s, 1897.............. ...1 5 J& D 107% Tol.A.Ar.&N.M.—lst,6s,1924.M & N P o rts.G t. F. &Con.—4% s,1937.J& D §110 112 Consol, m ort. 7s, 191 1 ......... J.& D 131% 1 st consol. 5s, g. 1 9 4 0 ........J & J P o to m ac V a l.ls tg u .5 s ,g ., 1941. J& J Gen. m ort. 4%s, 1 9 2 4 . . . . . . . Q—F 104% Tol. & Ohio Cent.—1st, 5s, gu.1935 P res. & Ariz. C.—1 st g.6s, 1916.J& J 95 Mifdi. P en.C ar—lst5 s ,g .,1942. M&S 90 102 % 1st, 5s, g., W est. Div., 1 9 3 5 .A&O 2 d inc. 6s, 1 9 1 6 . . . . . . . ...........J& J Mut. Un. Tel.—Skg.f d. 6s, 1911. M&N 110 112 79 ToL & O. C. E x t.—1st, 5s, g., 1938. F ro v .& Worces.—1 st 6s,1897. A&O §105% 107 91% N at. L inseed Oil beb. 6s, 1904----Do do g u a r ................................ 106% 107% R aleig h & G aston—8s, 1 8 9 8 ...J & J Ciat.St’rchM f.C o.-lst,g.bs,’20.M&N 93% 95 M a rietta M in., 1st, 6 s, g., 19 1 5 .. Ren.&S’to g a—1 st 7 s,1921 cou.M&N 144 New E ng. Telephone, 6s, 1908 .A&O §106 106% Tol.Peoria&W .—1 st,4s,1 9 1 7 ....J& J R ic h .* D an.—G en.m .,6s, 1915J& J 116 117 25 New O rleans P a c —L and g ra n ts ... Tol. 8 t.L .& K .C .,lst,6 s,1 9 1 6 ...J& D 60 87 D eb en tu re, 6s, 1 9 2 7 . .....¿ ..A & O 101% N orthw ’n T elegraph—7 s,1904. J& J U lste r & Dei. con., 5 ,1 9 2 8 ___J&D Con. g. 5s, 1936,tr u s t oerts.A& O 73% 99% 99 O regon Im p. Co.—1 st 6s, 1910. J& D U nited Co’s N .J —Gen.6s,1901.M&S 113% »2 E q u ip . M. s. f. 5s, 190 9 -------M&8 54 55 Consol. 5s, 1939......... .......A & O do gen. g. 4s, 1 9 4 4 ..M&S 108 W ash. O. & W 1 st gu.4s,’24.F& A I 70 59% 58% P enn. C anal—6s, 1 9 1 0 . . . . . . . . . J& J do gen. 4 s, 1923 ....... F&A 102 Rich. & P etersb ., 6s, 1915— M&N 112 114 102% P enn. Steel—1 st 5s, 1 9 1 7 .....M & N 106 107 do gen, 4s, 1 9 2 9 .....M & S, Rich. Y ork R. & Ches., 1 st 8s, 1894 100 People’s G.& C.Ch.-lst,6, g. ’04.M&N ste rlin g 6s, 1 9 0 1 . . . . . . . ....... M&S 112 % 60 2 d m o rt., 6s, 1900.................M&N 2d do 1904 ................. J& D 100 56% 56% Union P a c ih c —1st, 6 s, g, ’96. .J& J 104 104% Rich.& W est P t.T e r., 6s,tr.rec.P & A 92% 1 st con. 6s, g., 1943.............A& O 1 st, 6 s, 1897.............................. J& J 104 104% 26% 26% C on.col.trust, 1st, 5s, tr.rec.M & S P eoria W ater Co. 6s, g., 1919.M&N 104 1 s t, 6 s, 1 8 9 8 ........... . . . . . . . . . . J & J 64 R io G rande W est., 1 st 4 s,1939. J& J Pleas. Val. C o a llst6 sg .l9 4 0 .M & N 1 st, 6 s, 1899.............................. J& J 104% 85 R io G r’d e J u n c .ls tg u .5 s ,1939. J& D P ro c to r & G am ble 1 st 6s, 1940— 1< 9 114 Om. B ridge, s te rl. 8 s, g., ’96. A&O «112 116 Rio Gr. S outh.—1st, 5s, 1940.J& J St.L.B’dge&Tun.—ls t7 s ,1928. A&O «130 134 78 C ollateral tr u s t, 6 s, 1 9 0 8 ---- J& J 117 Rom e W-&0.—C on.,ex.5s,’22.A & 0 97 S unday Creek Coal—1st, g., 6 s — 58 R u tla n a —1 st M., 6 s, 1 9 0 2 ....M&N §111 111 % C ollateral tr u s t, 5s ,1 9 0 7 ....J & D 81 42% Tenn.C .I.& R .—T .d v .ls t6 s ,’17A& 0 C o llateral t r u s t 4% s,1 9 1 8 ..M&N § 100 % 101 E q u ip m en t, 2d 5s, 1898.... FA * 83 B ir. div. 1 st con. 6s, 1 9 1 7 ....J & J 90 Gold 6 s col. t ’s t notes, 1894.F& A 85% 68 Bt. Jo . & Gr. Isl’d—1 st,guar.6s,1925. 65 84 82% U. S. C ordage 1 st col. 6s, 1 9 2 4 .. J <sJ 96 95 E x t. s. f., g., 8s, 1899............ M&S 2d in o rt., in c , 5s, 1925, coup, off 108 U.S.L’th C o . s.f.deb.6sg.l915.M & N 88 E quipm ent T ru st 5 s .........A & O K an. C. & Om. 1st 5s, 1 9 2 7 ..J& J W’n U n.—Deb. 7s, 1875-1900.M&N 107 K a n s .P a c ., 1 st, 6 s, 1 8 9 5 ....F & A 100 St. L. A lt. & T. H .— D eben. 7s, 1884-1900.......... M&N 107 do I s t M ., 6 s, 1 8 9 6 .....J & D 100 £ello v .& 8. 111.,1st,8.F .8s,’96. A&O Collat. tr u s t cur. 5s, 1 9 3 8 ....J & J 106 104% 104 do D en. E x t., 6 s,1899.M&N Bell©v.& C ar., 1 st 6s, 19 2 3 .. J& D 70 W h.L.E.& P .C o a lls t g.5s,1919. J<kJ 80 do 1 s t cons. M .,6s,19 1 9 M&N 79 Oh S t L .& P a d .,ls t,g ., 5s, 1917.. 103 106 STOCJS.S—R A I L R O A D , P a r. O en.B r.U .P— A.&P. P.6s,’95 M&N 92 83 Bt. L South., 1st, 4s, 1 9 3 1 ..M&8 8 7 Ala. G t. S outh.—A., 6s, p r e f.,.£ 1 0 104 F und, coupon 7s, 1895 ...M & N do 2d, incom e 5s, 1931 ..M&S 2% 1% B, c o m m o n .............................£ 1 O 40 Atoh.Col. & P .,lst,6s,1905Q .—F C arb. & Shaw ., 1st g.4s,1932.M&S % % Ala. N. O. & P ac., &c., A, p r e f .£ 1 0 At.J.Co.& W .,lst,6s,1905.Q ,—F 40% S t. L. &Ch. 1 st cons. 6s, 1927.. J& J % do do B, deL . £10|« % 35 L in. & C., 1 s t.g.> 5s’1 8 .....A & 0 8 t.L.& B.F.—zd bs, cl. A ,1906. M&N 110 I* Price nominal* c'Urouaser also pays accrued interest. «In London. II Coupon off, 1 Price por share, t i n Amsterdam +11 s rankfort. r a il r o a d B onds . B id. Ask. J uly 21, 189,4] THE CHRONICLE. 109 ü - S N E iß A - L i Q U O T A T I O N S O t? S T O O IC S A N D B O N D S — C o n t in u e d . F or E xp lan ation » See Notes at H ead o f F irst P age o f Q uotations. R ailroad Stocks . Bid. Ask. R a il r o a d St o c k s . Bid. Ask. m is c e l . S t o c k s . Bid. Ask. Mis o e l . St o c k s . Bid. Ask. A la. dc V icksburg....... Iow a C ent., p r e f ...100 32 35 S I*Louis A lt. &T. H. 100 32 35 St. L ouis, L aclede. 100 16% Alb. de 8u s..g u.,7—100 167 175 •Can. de M ich.............. . 7% 8 do P re f.1 0 0 165 185 „ do p re f.1 0 0 67 A tch. Top. & S. F e.100 4^8 4% K. C. Sub. B e lt... 100 20 St.Louis S outhern. 100 96 San F rancisco G as . . . 71% Atl. & C har. A ir L .. 100 84 85 San.G.Ft.S.&Mem.lOO 7 9 St. L. de So’w e s t... 100 3% 4% N .Y . & B K ’ K L Y N A tla n ta & W. P ....1 0 0 75 80 'Can.C.Ft.S.de G .pf.100 35 40 do P ref.1 0 0 7 8% H O R S E H i t s . A tla n tic de P a o ___100 1 % Kan.O.Mem.dc B ir.100 “'8 St. L. V an. de T. H . 100 Local Securities in Aug.de S ay .,leased,100 83*9 85 Kan.C.Cl’ndc Sp’d.1 0 0 St. P a u l de D u lu th .100 22 26 Ch r o n ic l e each week B altim o re & O hio.. 100 711« 73%] te o k u k fc D es M .. 100 do P ref.100 85 95 except 3 d o f m onth. do l s t p r e f .,6 ..1 0 0 128 do p re f.. 100 13 S t.P .M inn. & M a n .100 102% 105 TELEGRAPH, do 2d, p re f....... 100 109 115 Keokuk <&West’n..lO O Sharon of P a., g u a r. Am er. Tel.de Cable. 100 B . A O . 8.W . B y. .100 K ings Co. E lev ated " 'Ï 8 Shore L in e ,.. . . . . . . 1 0 0 Cent, de So. Am. Cable do p r e f ___ 10 14 bake t r i e dc W ....1 0 0 15% 16% South C a ro lin a ....1 0 0 Com m er’l Cable Co 100 B eech Creek, guar. 50 do P ref.100 65% 67% South. Cal. p re f....100 9 11 F ra n k lin .................. 100 40 Bellev’e & S .lfl.,p f.l0 0 L. 8h. & Mich. S o ..100 129% 130% S outhern P ac. C o ..100 18 19 Gold de S t o c k ..... 100 104 B oston de A lbany.,100 206" 206% uehigh V alley.........50 » 36 37 S’w est., G a., g’d, 7.100 70 100 M exican.................. 200 B oston & L o w ell.. 100 x l9 0 190% L ittle M iam i.............50 168% 168% S tate L ine & S11II.... 8O 9 . . . . . . N orthw est, g u a r___50 B oston & M a in e... 100 146% 147 L ittle Schu’k ’l . . —..5 0 s 65 65% 8um m it B ra n c h ,P a . 50 4% Pacific de A tla n tic ... Bos. dc M aine p ref.1 0 0 146% 147 Long I s la n d .............. 50 8 6 % 89 S unb’r y <feL ew ist’n.50 s 60 P o stal Tel. C able....... Bos.& N.Y.A.-L.,pf.l 00 100 Long Islan d T rac ..lO O 14% 14% T erre H. de I n d ’n ap .5 0 1 100 South’n de A tla n tic .25 B oston de P ro v .......100 x255 257 uou. Evans.de St. L.100 T exas C e n tra l___. . . . . 11 15 W estern U nion___100 Bos. R. B each de L .100 80 80% do P ref.100 do p re f. 30 24 TELEPHONE, B rooklyn E lev’t ’d . 100 11 13 Louisv. & N a s h v ..l0 0 45% 45% Texas & P a c ific . . . 100 8 % 8% A m erican B e l l .. ..1 0 0 191% 192 Bklyn. T ra c tio n ... 100 12 15 L. N. A. dc C hicago.100 7% 7% rol. A nn A rbor <fe N.M 4 4% E r i e ........................ 100 45% 45% do P re f.. 100 65 70 do p ref.1 0 0 24% 25% Toi. de Ohio C ent’1.100 34 35 H udson R iv er....... 100 34 Buff. Roch.de p .......100 36 23 Louis. St. L.& T ex.100 5 1% do P r e f ...l 00 69 75 M e x ic a n ............ . ...1 0 85o. do P re f.. 100 90o. 62 Louisville South’n.100 4 4% Toi. Peor. de W est.100 N.Y.de New Jerscy .1 0 0 B. C. R. & N o rth .. 100 49)9 Mahoning Coal R R .50 100 Toi.St.L.de K. C ity ..100 " Ï * 3 " New E n g la n d ....... 100 62% '0 2 % Cam den & A tlan tic. 50 do P re f.. 50 do pref.. 100 6% 9% T ro p ic a l..................1 0 do do P f.5 0 Maine C e n tral ....IO C 111 114 U lste r deD elaw are .100 T R U S T CO>S C anada S o u thern. 1O0 48% 49% Man. dc L aw ’ce___100 233 236 U. N .J .R R dcC. Co. 100 233 234 A tla n tic ..............—100 Ca aad lan P a c ific .. 100 65 66 M anhattan, c o n ... 100 116 117 Union P a c if ic .... .100 10 B rooklyn T rust ...1 0 0 C a ta w lss a ................ 50 4% M assaw ippl...........100 x i l 7 120 Un. P ao. Den. de G. 100 3% 4 C e n tra l.................... 100 do 1 st p f..5 0 ; 52 Mexican C e n tral ..100 7% U tica & B lack R iv. ] 00 6% C o n tin en tal ... . . . . 1 0 0 do 2 d p r e f ..50 f 4919 M exioanN at., T .R.100 2 Vt.de M ass.,l’sed,6.100 145% 146 F arm ers’L oan A T r.25 O edarP . & M in n ... 100 4 e M ichigan C e n t.... 100 93 96% V irginia M idland.. 100 F ra n k lin ..— . —...1 0 0 Cent, of G eo rg ia... 100 17 20 Mine H ill & 8. H ... .50 s 6 8 % W abash R R .......... 100 6% H a m ilto n .............100 6 10% 11 C en tral M ass..........100 Minn.de St.L, t. reo.100 4 5 do p r e f . . 100 14 14% H olland ................. 100 46*9 47 do p r e f. 100 P re f., tr u s t r e c .. 100 15 18% W arr’n(N .J.),i’s’d,7.50 K ings C o unty........100 Cent, of N .J _____ io o 106%] 108 M in.8t.P.dcS.S.M ..100 W est E n d (B o st.)...5 0 s 48% "*49" K nickerbocker — 100 C en tral O hio.............50 8......... 50 do p r e f .... 100 do. pref. (Bos.) 50 a 77% 78 Long I s l a n d 100 do P r e f ...50 S ............ 55 Ikjo. K an. dc T ... 13% 13% West J e rs e y ............. 50 8 55 56 M a n h a tta n ............... 30 C e n tral P acific___100 11 % 12 % do p r e f ... 100 201« 2 1 % West Je rs e y de A tl.. .50 8 14 20 M ercantile......... , —100 5 Char. Col. & A u g .. 100 20 Missouri P ac ific ... 100 26% 26% W estern M ary lan d .5 0 8......... 15 M etropolitan. ..1 0 0 Ches. de Ohio............... 16% 17 M obile dc O hio....... 100 18 ~ 20 W est. N.Y.de P e n n . 100 8 1% N assau ..................... 100 Chicago & A lto n .. 100 140 142 Morris dcE’x , g u .,7.50 Wheel. <fe L. E ....... 100 10 10% N. Y. G uar, de Ind. 100 320 _ do pref.100 N ash.C hat. dc St. L.100 65 75 do p ref .100 41% 46 N. Y .L ife de T ru s t. 100 670 Ohio. B ur. dc Q uin. 100 75% 75% N ash. & D eca tu r. ..2 5 ___ _ , N .Y .Security de T r.100 230 Wil. Colum bia de A .100 ...■■• Chic. dc E a st. 111... 100 N ashua & L o w ell.. 100 2 1 0 " 2*15 Wilm. de W eldon, 7.100 100 Peoples’, BrooklynlOO 210 240 do p re f. 100 N a u g a tu c k ............ 100 ¿245 W inona <&So.WestlOO R eal E s ta te L.de T .1 0 0 150 160 Chic. G.W., 4 p. c. Deb N ’squehoning V all’yöO 8......... 54 Wisconsin Cent. Co 100 3% 4 S ta te .........................100 185 195 5 p e r cen t pref. A ... N ew H ’n dcN orth.,100 8 92 do P re f.1 0 0 . . . . . . 25 U nion.................. ...1 0 0 6»0 Ohio. Mil. * s t . P .1 0 0 59% 59% New London N o r.. 100 185 Wor.Nash.dfc Rooh.100 x l l 5 115% U nited S ta te s......... 100 835 700 do p re 845 ) 119 119% N.Y.Cent.de H .R iv.100 97% 97% COAL & M I N I N G U. S. M ortgage Co. . . . 165 163 Chic. dc N orth w’ ) 105 105% N.Y.Ch. & St. L .new 100 12 % 14% STOCKS, N.Y. W ashington........ .. 100 175 185 do p ref.. 140 143 do 1 st p re f.1 0 0 60 68 87 A m erican C oal. . . . . . 25 MISC> L L A N E » U S » ......... 3 do 2d pref.1 0 0 24 28% Col. C. <fel. D eveL .100 6 7 STOCKS. 67% 67% N. Y. & H arlem ....5 0 Col. F u el & I r o n . . . 100 23% 26 A dam s E x p re s s ...1 0 0 36% 36% N. Y. Lack, «fewest... 100 do P r e f ..100 68 72 Am. B ank N ote Co.. 50 do » 113 116 N. Y.L.Erie& W est.100 14 14% Col. & Hock.C. de 1 .100 7 8 Am. C otton O il.... 100 10 11 do P ref.100 Consol.Coal of M d .100 27% do p ref.1 0 0 160 162% N Y. & N .E .$ 1 0 p d .l0 0 14 14% H om es ta k e M in’g .100 14 16 A m erican E x p res.1 0 0 10 15 do P f.$ 1 2 % p d ..l0 0 42 45 Leh.& W ilkesb.Coal 50 Am er. 8 traw B o a rd ... S 54% 55 N. x .N H.de H artf.1 0 0 177 183 M aryl d Coal, pref.100 30 ‘ *5*0" Am er.Sug.Ref,Co......... 1 18% N.Y. O nt. de W e st..100 14% 15 M innesota ir o n .... LOO 45 50 do p re f....... . 95 •5Ó N. Y. P a. & O ............... % New C e n tral Coal .100 % 7 9 A m erican Tob. Co. .50 do 86 % ....... 2 do p re f......... % % 8 O ntario Sil. M in’g .1 0 0 10 do p re f.. 100 . C. ( 102 36% 37% N. Y. PhU. de N orf.100 300 P en n sy lv a n ia C oal.50 325 ' Am. T ype F o und’rs, p f do 40 75 85 N. Y.Susq.A W est’nlOO 14% 14% Q uicksilver M in’g.100 2% 3 A spinw all L a n d ....10 5% 150 do P ref.100 40 41 do p re f .100 13 18 B arney de S m ith Car ......... N. News <&Miss.Val.Co Tenn.Coal&IronColOO 18% 18% B oston L a n d ...........10 16 Norf. & Sou__ ... . 100 17 55 do o re f .100 Boston W ater P o w e r.. P ref. 60 66 Norf.dc W est,, com .100 ELECTRIC, Brookline (M ass.)L’d 5 180 182% do pref.100 19% B rush, B ait., p re f.1 0 0 80 B runsw ick Co....... 100 Con. de M ontreal ■ No. P e n n s y lv a n ia ..50 8 86 Common ......... ..1 0 0 C anton Co. (B alt. 1.100 xl44% 145 N o rth ern C e n tr a l... 50 66 67 Con. Elec. S to ra g e ..... C. J . R’y ’s U. S t’k Yds x l5 tí 156% N o rth e a ste rn ...........50 8 45 48 E dison 111. Co. of N.Y. 95% 98 do P re f................. 100 165 175 N orthern N. H ....... 100 x!48% 149 “ “ “ B klyn. Olaflin Co..............—100 X127 128 N orth’n P ac., co m . 100 4 3% “ “ B o s to n .... 118 Ï2Ô do 1st pref.non-c. 100 x226 228 do P re f.1 0 0 14 14% F t. W ayne E lec.C o..25 8 2% 3 do 2d pref.non-c. 100 30 35 Norw.ds W orcester. 100 x l6 5 166 Gen. E lectric C o ... 100 36% 36% Con. K an. 0.3. de R..25 Day. dc M ien., gi 75% 76% Ogd. <& L. C ham p. 100 2 2% do p re f .10 0 . . . . . . Diam ond M atch Co do p i., gu. .8. 174 175 O hio Soucnern....... 100 40 20 In t. C onduit dc Ins. 100 52 ' D ist. de C. Feed. Co. 100 ......... ......... Old 'C o lo n y .......... ICO x l7 9 j¿ 180 E dis’nPhoa.ToyM f.Co. 50o. E ast Boscon L and. . . . , 130% 131 Oreg. R ’y de N a v .. 100 12 20 N o rth Am er. Phon. Co. 1 3 F ren ch m an ’s B ay L d. 163 164 Or. 8. L. de U tah N.100 4% 6 Thom.-H. Sac. S er.0 .1 0 8 4% 4% H eoker-J.-J. Milling, pf Deny. & R io Gr., ...... P ennsylvania R R . .50 8 48% 49% do do S e r .D ... 8 4% 4% H enderson B ridge.100 ......... do pre P enn. <fe N orthw esi.öO Thom.-H. In te rn a t. 100 100 Illinois S te e l......... Des M. & F t. D ’g 5% 7 Peoria Deo. & E v ..l0 0 2% 3% do p r e f.. 100 Iro n S te a m b o a t... 100 do p re 28 ......... Peo. & E a s te r n .... 100 3 5*9 Thom. W elding Co. 100 K eeley M otor....... 50 X 90 92 P e te rsb u rg ....... . 100 85 105 do Europ.W .C o .100 L am son S tore Ser. .5 0 •20 •25 Phila. & E r i e . . . . ...5 0 20 U. S. Illu m in ât. C0.IOO1 Lenigh Coal deNav. 50 do 5 7 P hil. G erm . <&N o r..50 «135% 136 West. E l. L. Consol.501 8 33% 34 M anh’t t ’n B’ch Co. 100 ith S 4% 5% P h ila. & R ead. . . . . . 5 0 17% 17% Do p re f....... 50 8 51% 51% M averick L a n d ..— 10 do 2% 13 17 Phila. & T re n to n .. 100 228 GAS STOCKS. M etropol. T rao t’n.. 100 Î 6% 7% Phila. Wilm.& B a lt. 50 B alt. Consol. G as .100 65% 66 Mex. N at. Const, pref. do Î 13 14 P itts. Cin.O.dcSt.L.lOO TÓ% 11 B ay S ta te .................. 50 8 7% 7% m t k ,-Pensu.Oar..lOi> do t 9 9% do p ref.1 0 0 40 42 B rooklyn................... 25 102 105 do. p r e f ...... 100 s 53% 54 P itts. de Connell’e ..5 0 s 5 C itizens’. . . . . ........ 20 - n . 60 M orris C an.,gu. 4 .1 0 0 77% 78 P ltts.F t.W .A C .,guar.7 150 F u lto n Mlunieip.lOO 125 127 do p f.,g u .l0 .1 0 0 180 73 ......... P itts. J u n o t... . . . . . 50 s . . . . 32% M etropolitan. . . . 100 130 135 Mt. Des. <feE.S.Land.5. do 5o, 41% ......... Pitts.M .K .& Y ough 50 s 61 63 N a s s a u ................25 155 Nat. C ordage (n ew ).. ......... P itts.V a. dc C harles.50 8 45 47 P eople’s .................. 10 70 d i tr.reo. a ll a sst.p ’d do Pref., 65 67 P itts. & W e s te rn ...5 0 5 W illia m sb u rg ___50 138 145 do do P re f. 51 55 do P r e f ..50 20 26 C hariest'u,S.C .,G as.25 8....... . 21 38% 12 13 ;Pitts.Youngs.& Ash.SO s 45 C h a rtiers V alley..IO O 12 s 11% do p ref. 84% do P r e f ....100 X 69% 70 do p r e f . . . . 50 * 60 Chic. G as t r . r e c ... 100 75% 75% Flint & P e re M ar q. 100 17% 15 ]P o rt. Saoo & P o rts . 100 x l2 9 130 Cinein. G. de Coke. 1 Go 202% 203%j 10 do p r e f.. 100 33 33% JP o rt R oyal <fe A ugusta D enver C o n so l...,1 0 0 1st Pref Fla.Cen.dcP. -Y .T.C er. t 10 % ......... ]P rov. & W orcester. 100 248 250 artfo rd , C t., G. L..25 31 2 d P re f...................... do 1 st pref.cum . 100 . . . . . . ......... ]R ons. & S a ra to g a .. 100 177 182 H Indianapolis, l a d . . 50 do 2dpf.non-eum . 100 1 37% 38 IRich. F . & P ., oom .100 112 Je rs e y (JityUaa L ight. 180 ......... N. Y. L oan dc Im pr’t . G a. P ac. tr. r e c ...l 0 0 4 5% R i ichm ond <fe P ’b ’g.100 98 105 CsDSUmers’ G as-L... 59 62 ' Am erioanOoH Ga. RR. & B ’kgC o.100 143 145 JRioh.& W .P.Ter .tr.reo P eople’s G as L ig h t.. 170 m Im p ro v e.. 100 Gr. R apids & In d .100 5 do 1st in stal. p aid L ouisville G as L ig h t. 104 105 oM ailQS, Co. IOO Gt. N orth. R y . p re f.. 100 104 do 4 th instal. paid 11 % 11 % M em phis G as................ lylv. ¡Steel..—100 s. Gr.B. W. &St. P ...1 0 0 4% 6 do P re f.tr.re o . 100 17% 18 N. O rleans G as L .100 e l l 3% 114% H a rtf’dde Ct. W est.100 19 30% IRio G rande W est.. 100 N.Y. City—C e n tra l.50 105 ......... Hous. dc T ex.C ent. 100 do P r e f .. 100 C o n so lid ated . . . . J.00 124 125 P re f. 8 p. 0. cam ,100 H unting. & B r.T op.50 g 33 I Rom e & C lint jn , g u ... 133 135 E q u itab le . . . . . . . 1 0 0 179 L81 do . P re f.5 0 8 5 Í ......... 1UoineW.&Ogd.,ga.lOO 112 113% M utual.......... ...1 0 0 150 ......... 1 Illinois C e n tr a l... 100 90 91 1R u tla n d ..................100 2 1% S tan d ard G as,pf. 100 80 do leased L ,4 p .c. 100 Do p re f., 7 ...1 0 0 70 71 P h ilad elp h ia Co___50 18% 19 2d pref. c e r t....... 100 Iowa C e n tral.........100 9 9% St. S Jos.de G ’d Isl’d.100 P o rtlan d , Me., G. L.50 R R .100 • P r ic e nom inal, fc P u rc h a se r also p ay s accrued in terest, a Q uotations dollars o er sh a re, e In L ondon, f i n A m s te rd m . i 31 asst, p a l 1. ..... 110 --- - - -- THE CHRONICLE. " --------------------- ---- GESÏÏRA.L QUOrA.riO X 3 ■ OF SL’O O O - [V ol. LIX ............. ........——------------------ -------- ANTD BOtfD 3 — C o n c l u d e d . F o r E x p la n a tio n see N otes a t H ead o f F ir st P age o f Q u o ta tio n s. Miscellaneous St ’k s . Bid. 50 T ex. & P ae. L’d T r.l 00 arT. 8. fiord ag».........100 211* 56 35*s 50 57 U. 8. R u b b er C o ... 100 34 89 110 2 3 W est’n U n io n Beef Co. M IN IN G ST O C K S5 *{N. Y. & SAN. FRAN.) B odie....................... 100 B reece................ ....... B u lw e r____ _____ 100 C aledonia B. H . . . . 100 C h o llar....................100 'C om stock T unnel s t’k. Consol. Cal. & Y a........ Crow n P o in t.......... 100 D en v er City C o n ...... D u n k in ___’ . . .......... . E l C h r is to ......... ... E u ’k a C o n ..............100 F a th e r D e 8 m et___100 Gould& Curry s.3 0 .100 R a le & N o rc ro s s..l0 0 H o rn S ilver......... ......... Aron S i l v e r ..... . . . . . 2 0 Iro n H ill................... . K ings. & Pem br’k e Iron L acro sse....................10 L eadville C onsol.. . . 10 L ittle C hiei.............. 50 M e x ic a n .................100 M o n o .......................... . M o u lto n ........................ N a v a jo ................ ..1 0 0 N o rth Belle Isle ........... O p h ir .............. . . . . . . 1 0 O rien tal & M iller....... . Phoenix of A riz...___ _ P ly m o u th ....... .... R obinson Couscl. . . . 50 S av ag e____ „________ S ierra N ev ad a....... 100 S ta n d a r d ____ ....1 0 0 U nion Consol......... 100 U ta h ......................... Yellow J a c k e t.............. M A N C F A C T ’IN G . Am. Linen (F.R iv)..100 A m ory (N .H .)....... 100 A m oskeag (N.H.) 1000 A ndroscog’n (Me.).100 A ppleton (Mass.).lOOo A tlan tic (M ass.)... 100 B a m a b y (Fall R iv .)... B a rn a rd Mfg. (F.R .).B a te s (Me.).“ . . ....1 0 0 B oo tt Cot. (Mass.) 1000 B order City Mfg. (F.R.) B oston Co.( Mass, j 1000 B oston B e ltin g __ 100 B ost. D uck (Mass.)700 Ohace (Fall R iver). 100 Chicopee (M ass.).. 100 Coeheco ( N .H .)....500 Collins Co. (Conn.) 100 C o n tin en tal (Me.). 100 C rystal Spr. Bl. (F.R.) D avol Mills (F.R .).100 D w ight (M ass.)___500 E d w ard s (M e.)....1 0 0 E v e re tt (Mass.) . . New F lin t Mills (F.R.).IOO F ra n k lin (Me.)__ 100 G l’be Y.Mills (F.R.) 100 G ran ite (F.R .)........ 100 G re a tF a lls (N.H.) .100 H am ilto n (Mass.) 1000 H a rtf. C arp et (Ct.)100 •20 >03 •15 •13 •90 1-00 •10 •20 •10 •02 3-25 •50 •15 •10 •50 •60 2-75 •1Ó Manufact ’g Stocks - Bid. Ask. 55 59 110 Salm on F alls iN. H . »300 x237 3hove (F all R iv .). 100 100 81a/ift iFfl.ll Riv.) lOO 265 290 242 132 102*2 C ontinental N a t... 100 22 61 37 100 54 58 36 T rem ont &3. (Mass) 100 U nion C. Mf. (F.R.) 100 91 115 218 lOO Rank of C om m erce.15 ..1 0 •25 Com. & F a rm e rs'. 100 F arm ers’ B’k of Md.30 .40 .100 G erm an A m erican. 100 ...1 ..3 0 10 100 •30 N ational E x ch ’ge 100 20 Second N atio n al. 100 100 ..7 5 -.2 0 •64 1*75 •10 •10 •50 •33 •65 1-50 2 0 0 •40 •40 92 127 r« 1605 135 525 73 93*3 li 8 1610 140 550 75 108 80 83 x l 2 l 123 1100 1150 132 950 975 172*s 173 960 990 100 105 99 320 325 1O0 34*« 35 x780 x !2 6 93 100 x ll2 98 110 119 55 x 58 160 800 98 545 550 90 feOO 130 fc8*s 113 100 1191s 940 75 60 100 100 100 B lackstone............ B oston N ational. 100 B o y lsto n ........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 F reem an’s ___. . . 100 G lobe..................... 100 100 100 100 100 M an u factu rers’ .. .100 lo o M arket (B righton). 100 100 M echanics’........ . 100 100 M e tro p o litan ....... 100 100 100 100 100 N orth A m erica... 100 Old B o s t o n ....__ 100 People’s ................. .100 R ed em p tio n _____ 100 100 R e v e r e ....___. . . TOO 100 Second N a tio n a l.. 100 100 S b aw m u t.............. 100 10(0 South E u d __ . . . . 100 S ta te ...................... lo o 10D 100 100 100 100 100 W ebster................ 100 W in th ro p ............ 100 900 555 600 100 123 510 100 560 68 104*4 860 85 ito 1085 122 N orth S i d e ........ 480 950 144 146 16% 20 123 44 Bid. 123 124 117 117*2 95»« 96 96 96*4 125 130 170 201 203 137 142 84 86 106 108 117*« 118 80 85 126 128 122 122*2 85*2 86 130 131 84»s 85 126 126*2 129*2 130 239 242 125 130 115*« 118 87 90 89 89*2 H O 112 108 108*2 100 101 79*2 80 100 100*2 87 89 91 96 97 116*2 117 159 158*2 97 95 229% 230 121 123 169 159*4 116 118 ' 118 118*2 104 104*2 163 164 122*2 124 150 152 «9 100 142 142*« 184*4 la 5 225 118 *4 119 88 88*2 85 84 114*2 115 99 99*2 90 9 *4 65 70 86*2 87 131*2 132 108% 109 100 100*2 116 118 100 185 100 165 100 50 100 100 459 ..4 0 100 100 140 100 30 220 50 255 100 260 100 160 ..5 0 161 100 22C 100 160 1500 1290 vVallabout............. 100 1121* 102»« American Exoh. N a t.. 105 105 125 130 235 100 115 87 245 275 200 145 137 290 140 160 81 x 15 15*3 Canal & B a n k in g .. 100 x l5 0 96% ib ó Citizens’.............. ..1 0 0 20 x l8 8 )é 210 xl6Ö 92 W hitney N ational. 100 350 85 x720 97*« 114 H udson R iv er....... 100 Im p o rters’ & T r ...l 0 0 M echanics’. . . . . ___.25 M echanics’ & T r ....2 5 140 525 135 180 P h i 1a d e l p h i a . s 185»« 210 170 140 170 «thru* At. T f lo f '- O T J 75p«ccgatpaicUn,«a§ù, _ 1 AO §411 ex-eliYiden<i.jl •350 190 225 180 165 190 139 120 6 450 156 108 264 102 B oatm en’s ___ . i ÒÓ B rem en.... ........... . . l o o Citizens’_____ ___ 100 C om m ercial...........10Ò F ra n k lin .................10Ò G erm an_____ .. 10Ò L af a v e tte .............. . 1ÒÒ M echanics............ .100 M erchants’ N at’l . . 100 M ullanphy_______100 N o rth w e ste rn ___ 100 S tate B a n k ...............50 268 50% 104 89 96 70 85 164 157*3 200 82 120 135 265 114 350 225 300 525 150 100 325 220 140 230 80 220 102 180 104 2 i7 F irs t N at’l G oid...lÒ Ó 178 x 110 London P a ris & À ___ 119 20 0 Ask, 150 110 N e v a d a .............. ......... IN S U R A N C E A m erica..................100 190 210 STOCKS. 150»« 153 N ew f o r k . A m erican ..................50 2 2 t 250 Bow ery.....................2 5 B roadw ay.......... . 2 6 'B utchers?& D rovers’25 165 180 120 C itizens’ ................... 20 450 Com m onw ealth . . . 100 350 400 C o n tin e n ta l_____ 100 4200 470i E a g le ......................... 40 E m pire C i t y . . . . . . . 100 C ity.......................... 100 425 F a r r a g u t..! .............. 50 C itizen’s ................... 25 135 150 G erm an-A m erican 100 Com m erce.............1 0 0 172 176 G erm ania..................50 120 G lobe..........................50 G reenw ich......... . ..2 5 Corn E x c h a n g e . . . 100 285 295 H a m ilto n ................ 15 25 H a n o v e r ..................50 E a st R iv e r..............2 5 140 165 H om e____ ______ 100 2000 K ings Co. (B’k ly n ).2 0 N assau (Brooklyn) 50 2500 N atio n al........... r..37*a 113 N iagara . . . ............... 50^ F irs tN a t. of S ta te n Id.. 120 rara N orth R iver .............25 F o u rte en th S tre et. 100 191 F o u rth N ational ..1 0 0 198 Pacific........................25 P e te r C o o p e r_____ 20 G allatin N ational ..5 0 300 325 P h en ix (B’klyn) ...5 0 R u tg e r s .... ___25 Germ an A m erican ,.75 117 S tu y v esa n t............... 25 U nited S ta te s . . . . . . . 25 G e rm a n ia . . . . . ..'1.100 300 150 W estch ester.............10 H anover.............. ..1 0 0 310 330 W illiam sburg C ity ..50 152 170 Second N a tio n a l...100 300 120 ! S tate of N. Y ......... 100 P e n n N a tio n a l___ 50 P hiladelphia N at’l. 100 160 112 125 135 110 250 140 Bid. F o u rth St. N at’1 ...1 0 0 G irard N atio n al___40 160 215 New Y ork C ounty. 100 500 110 N inth N atio n al. 7.. 100 117 125 140 220 170 P a rk . . . . __ 100 270 265 110 200 140 I ns chance Stocks . 210 ........ 100 1Ö2 210 215 M erchants’ E x c h ’e.50 i i ô M etro p o litan . . . . . . 100 40Ö 160 197 400 115 130 Ask. 150 280 300 100 110 94*2 135 375 140 126*2 220 96 44% 45% 112*2 121 84 105 F ifth N atio n al ....1 0 0 242% 10*4 11 250 40 38 16 137*« 148*2 134 120 16*3 18 Ohio V alley N a t’1.100 137*2 195 210 325 90 91*2 155 82*s 340 41 39 280 * rnt.au. nominai, « Price per stare—not per ogni B ank S tocks . 110 955 101 1250 1300 x l 0 120*2 H ide a n d L e a th e r. 100 170 103*2 100 48 22*2 Y ork Co. (M e.)... .750 810 815 Nat. Bk. of A m e r..l0 0 N at.B ’k of R e p ...100 B A N K STOCKS. 03 •03 •13 •80 •10 •15 H olyoke W .Pow er. 100 Ja ck so n (N. H .)..1 0 0 0 K ing P hilip (F.R .). 100 L aconia (Me.)....... 400 L an o ast’rM . (N.H.)400 L r e l Lake Mills (F. 8.) L aw rence (Mass.).. 100 121 Low ell (M ass.)___690 490 Lowell B leachery.100 x 99 LowellM aeh. Shop.500 640 L ym an M. (Mass.). 100 67 M anchester (^(.H.) 100 x l0 4 Mass, c o tto n ....... 1000 850 M echanics’ (F. R.) 100 M erchants’ (F. R. j 100 M errim ack (Mass)lOoO x l0 8 0 M iddlesex (M ass.).100 118 N ashua (N. H .) ....5 0 0 475 N aum keag (Mass.)lOO »6 N ew m arket.............500 260 O sborn M ills(F.R.) lOo 101 Pacific (M ass.)... 1000 1450 P ep p erell (Me.)__ 500 1280 i ’jo asset (F. R .)...1 0 0 110 Rich. B ord’n (F.R.)100 100 R o b e s o n ( F . R i v .i 1 ( W < i Ask, 126 110 70 110 95 15Ò 90 185 170 1C2 230 84 130 140 270 116 360 23 L 325 575 155 101 350 240 144 240 85 240 105 185 106 65 122 35 130 300 125 80 120 108 65 260 220 66 80 3o0 175 60 115 85 115 135 170 170 80 130 80 125 140 115 115 95 110 160 310 AN U fi SC R IP . A tlantic M utual.......... 1 8 9 0 ......................... 102 1 8 9 1 ............................ 102 189 2 ............................ 103 1893 ........................... 104 1 8 9 4 ........................... 105 {Comm’ol Mut. 1873-82 5 m a r in e in s u r 245 205 62 75 275 170 50 110 "dÔ 110 130 155 160 70 115 73 120 130 110 110 80 95 - PRICES OF EXCHANGE M E M BER SH IPS. N.Y. S to c k ...,. 19,000 b. 20,000 a. 19.000 L a st sa le ......... ...... N.Y.Consol.St’k & P et. 100b. 110a. no L ast sale, J u ly 1 8 .. 167 225 N. Y. P ro d u c e . ......... L ast sale, J u ly 1 7 .. 480 120 N. Y. Cotton . . . \ ____ 850 ask. 800 125 L ast sale, J u ly 1 0... 150b. 2 0 0 a. 150 L a st sa le . J u ly 1 8 ... 250 N. Y. M e tal................... L a st sale, ................ R ’lE s t. E x. & Auc. R’m 700b. 750a. 290 L a st sale, J u 'y 1 7... 717*3 Boston Stock . - t 2,500 b. 14,0u0 a. 125 14,000 P hiladelphia S to c k .... 2,200b2500& 165 2.500 L a st sale, J u n e 8 . . . . . . . . . . Chic. B oard of L'rado.. 1on Chicago S tock___. . . . . 1.725b. 1 3-o THE CHEONICLE. J uly 21, 1894.] g m r je s tm m t 1W eekor Mo\ ________ . _ % n \z llx % z n tz . The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet o f 160 pages, con tains extended'tables o f the Stocks and Bonds of Railroads, •and other Companies, with remarks and statistics concerning the income, financial status, etc., of each Company. I t is published on the last Saturday o f every other month—viz., ■January, March, May, July, September and November, and is furnished without extra charge to all regular subscribers o f the C h r o n i c l e . I he General Quotations of Stocks and Bonds, occupying six pages o f the C h r o n i c l e , are published on the t l i i r d S a tu r d a y o f each month. RAILROAD EARNINGS. H oa d s. Latest E a rn in g s Reported. Week or Moi 1894. 1893. I J a n . 1 to L atest Date. 1894. 1893. A d iro n d ack----- M a y ............. 13,988 67,458 70,977 13,337 A la. M id lan d ... M a y ___. . . 36,356 190,726 221,223 32,901 A llegheny V al. M ay........... 135,392 240.847 795,293 1,083,657 A n n a p .W .A B ., A p r il......... 4,009 17,359 14,049 4,085 A rk. M id lan d ... M ay........... 6,861 32,305 33,003 4,973 A toh.T.A S. F e . I s tw k J u ly 258,094 647,641 15,029,027 20,019,787 S t. L. A S a n F I s tw k J u ly 57,642 145,861 3,597,227 4.421.191 Agg. t o t a l ... l stw k J u ly 315.736 793,502 18,626,254 24,440,178 51,490 A tla n ta * C h a r, a A p ril......... 263,301 226,446 57,819 A tla n ta AW . P M a y ........... 32,654 192,234 176,856 28,429 A u stin & N 'w est M a y ........... 22,149 97,154 104,499 15.077 B .A O .EastLines J u n e .........1,313,747 1,708,713 7,530,520 9,320,880 W estern Lines J u n e ......... 359,779 523,416 2.088,631 3,098,830 T o ta l........... J u n e ........... 1,673,526 2,232,129 9,619,151 12,419,710 B al.A O .Sou’w.d 2d w k J u ly 109,890 120.76 < 3,105,887 3.546,700 B a th * H a m ’nds M ay......... 1,512 8,762 7,883 1.834 B ir. A A tla n tic .. J u n e ......... 1,562 17,171 10.915 2,363 B rooklyn E le v .. Wk J u ly 14 29,617 976,580 1,061,906 30,858 Baff.Rooh. & Pitt 2d w k J u ly 73,492 71,650 1,200,229 1,799,520 B ur.C .R ap. A N I s tw k J u ly 36,347 67,994 1,798,660 1,951,955 O am d en A A tl.. M a y . . . . . . . 64.249 233,280 254.594 58,959 'O anadianPacitlc 2d w k J u ly 338,000 429.000 8,822,086 10,319,997 ‘Oar.Cum.GACh. A p ril......... 4,603 15,863 17,735 3,227 ■Car. M id lan d .... J u n e ......... 2,466 23.510 21,644 2,491 C e n tra l of N. J .. M a y ........... 1,069,446 1,263,969 4,535,861 5,816,570 C e n tral P acific.. M a y ...........1,116,827 1,330,248 4,866.755 5,443,546 C e n tra l of 8. C .. A p r i l ...... 6,162 39,356 36,807 7,797 C har. Cin. &Chlo. J u n e # ..... 10,3 50 81,912 9,82 L 77,496 C h a rlest’n&Sav. A p ril......... 52.578 265,036 267,207 57,166 8.300 C har.8um .A N o. J u n e ......... 81,790 79,156 7,500 C h a t’a u a L a k e .. M a y ........... 3,454 21,250 15,557 4,904 O heraw . A D a rl.. M ay . . . . . . 4,512 42,994 36,325 5,924 C hes.A O h io .... 2d w k J u ly 174,977 203,327 4,393,764 5,325,203 986,352 Ches. O. ASo.W. M a y ......... 161,875 185,229 809,938 Chic. B ur. & No. M a y ........... 139,380 224,002 665.967 1,010.061 Chic. B ur. & Q.. M a y . . . . . . . 2,516,316 3,290,842 12,796,691 15,683,329 Chio.&East.111. I s tw k J u ly 8,244 93,643 1,483,592 2,214,060 Chicago & E rie . M a y ........... 172,574 232,998 908,248 1.211.191 Chic. Gt. W est’n 2d w k Ju ly 42,564 73.077 C hie.M il.A 8t.Pl 4thw k J ’ne 724,106 828,92 13,678,295 16,210,364 Chio.AN’th w ’n.. M ay...........2,568,315 3,157,076 11,526,744 13,160,676 Chic.Peo. AS.L... 2d w k J u ly 13,962 592,730 454,334 19,114 Chio.R’k I .& P .. J u n e ......... 1,223,697 1,717,163 8,032,807 8,994,554 Ohic.St.P.M.AO. M a y ........... 661,973 637,853 2,931,892 3,210,886 Chic. & W. Mich. 2d w k Ju ly 23,694 994.514 775,379 30.498 Cin. Ga. & P o rts. J u n e ......... 5,494 31,635 31,623 5,789 6,125 C in .& K en t. Sou M a y ........... 932 1,721 4,545 362,844 C in. J a c k * Mac. 2d w k J u ly 9,877 312,114 10,486 O n .N . O. A T .P . M ay ........... 247,000 343,016 1.392.000 1,665,351 738,133 Ala. G t. South. M a y ........... 95,000 144,791 551.000 N. Orl. & N. E. M a y ........... 80,000 113.000 589,726 467.000 A la. & Vioksh. M a y ........... 33,000 226,846 204.000 38.000 Vicks. 8h. A P . M a y .......... 33,000 213,552 206.000 34.000 E rlan g er Syst. M ay........... 488,000 672,807 2.820.000 3,433,608 128,843 117,121 C in. P o rts. & V.. J u n e ......... 24,348 24,176 Col. A M aysv. J u n e . . . . . . 997 6,799 4,906 1,293 Clev. Akron&Co. 3d wk May 16,064 334,408 378,240 18,093 Cl.Cin.Ch.& 8.L. I s tw k J u ly 149,460 259,666 6,053,918 6,932,603 665.443 Peo. A E a s t’n. M a y ........... 116.663 142,108 596,343 26,092 Col. Newb. & L . A p ril......... 5,204 3,849 32,946 Col. H . V. & Toi. M a r ........... 104,886 243,309 914,830 1,328,940 Col.ShawneeAB J u n e ......... 53,152 54,634 10,555 1,900 7,667 C olusa & L a k e .. J u n e ......... 1,300 6.934 C ry s ta l.............. M a y ............. 711 4,283 1,342 343,244 Com b’Id Valley M a y ........... 60,013 285.360 77,631 63,886 C u rre n t R iv e r.. 4 thw k J ’ne 2,136 63,578 2,768 D env. A Rio Gr. 2d w k J u ly 8 3,600 114,700 3,155,901 4,517,446 623,857 531,574 D e tL a n s ’gANo 2d w k Ju ly 16,908 18,820 784,813 1,078,697 DoiuthS.S.& Atl. I s tw k J u ly 42,870 48,600 106,510 D u lu th A W inn.. M ay ........... 8,773 50,480 25,345 E.Tenm V a. A Ga I s tw k J u ly 72,007 84,937 2,546,110 2,958,423 460,673 493,012 E lg in .Jcl.& E ast J u n e ......... 55.563 65,987 21,442 28,218 8,028 E u re k a Springs. A p r il........ 5,788 183,726 129,863 E v a n s& in d ’pli6 I s tw k J u ly 3,332 5,672 72,081 53,510 E v an s. & R ic h .. I s tw k J u ly 1.994 1,719 633,761 536,095 E v an sv . & T. H. I s tw k J u ly 11,175 24,004 F ito h b u ig ...........M ay ............ 557,764 647,629 2,574,194 2,954,840 F lin tA P .M a rq .. I s tw k J u ly 45,384 55,142 1,249,642 1,537,154 58,230 65,352 F lo ren ce............. A p r i l ...... 14,854 12.847 806,470 F ld.C nt. A P aniu J u n e ......... 155,981 99.628 1,203,771 189,530 120,220 27,121 15,325 F t. W, & Rio G r J u n e ......... 5,121 Gads. & A tt. U .. J u n e ......... 531 723 3,137 702,877 G eorgia R R ....... 2d w k J u ly 15,562i 648,625 17,393 202,053 289,000 34,536 fy*. CarTa & No M a y __ . . . 46,510 414,694 417,202 69,984 Geo, So. A F l a ... J u n e ......... 65.929 43,226 952,415 1,236,537 G r, R ap. A ln d ,. 2 d w k J u ly 31,719 250,697 194,035 Cin. R .A F t. W. 2d w k Ju ly 6,466 8,507 33,145 26,522 T rav erse C ity. 2d w k Ju ly 1,402 1,168 81,407 2,329 52,539 Mus. G. R. & I. 2d w k Ju ly 2,212 55,230 1,225,511 1,601,786 T o ta l a ll lin es.12d w k J u ly 41,799 G r a n d T r u n k . ..|W k J u l y l4 327,251 391,851 8,998,032 10,136,999 Chic. A G r.T r. Wk J ’ne 30 52,109 79,170 1,440,037 1,762,276 530,627 458,580 D eLG r.H .A M. Wk J ’n e 30 18,223 15,291 12,694 O eorget’n A W’n ’A p ril.........J 2.527 L atest E a rn in g s Reported. R oads. AND ^ a ilr a a tt Ill 1' 1894. 8 1,537 2,425 1893. 1894. 8 1,611 2,646 $ $ r. [A p ril.___ '6,453 7.023 G o lf * Chicago>- J u n e ....... 19,951 19,971 G re a t N o rth ’n 8t. l . M . A Mt. J u n e ....... 770,165 1,245,844 4,167,378 5,930,367 E ast, of M inni J u n e ....... 107,792 71.98Í 399,155 476,502 M ontana Centit J u n e ....... 87,820 140,694 699,027 <- 572,872 T ot. systemu. J u n e ....... 982,837 1,441,465 5,255,561 6,979,741 H artsv ille ■■ A p r i l ..... 29Í 42( 3,30( 4,993 Hoos.Tun.AW il. X J u n e ....... 3.34Í 2,97i 17,735 17,274 Hous. E.AW.Texx M a y ......... 32,495 27,417 164,578 179,515 H um est’n&Shenn J u ñ e ....... 9,00( 8,976 56,80( 63,009 Illinois C entral.•• J u n e ....... l,349,76f 1,952,406 8,529,757 9,900,831 Ind.D ec.A W est.5. M a y ......... 30,216 33,707 137,880 183,935 In.& Gt. N orth’n n 2d w k July 59,285 1,500,898 2,105,228 44.395 Iln te ro c. (Mex.) .> WkJune3C 30,134 1,230,857 1,110,168 41,46( Iow a C en tral. - Is tw k J u ly 23,211 29,647 Iro n R ailw ay. - J u n e ....... 2.411 5,02C 19.534 22,486 Ja ck . T. & K. W M a y .......... 58,330 56,005 424,663 435,041 KanawhaAM ichh 2d w k Ju ly 5,194 4,676 184,910 181,344 K an.C .C l. A 8 p . 4thw k J ’ne 5,991 6,907 138,333 133,082 K.C.F.S.AM em 4 th w k J ’ne 91,965 1,871,847 2,209,902 85,206 K.C.M em .ABir Is tw k J u ly 13,784 14,815 506,32i 554,152 K. C. P itts. & G1. I s tw k J u ly 3,414 9.06C 194,485 55,619 Kan.C. Sub.BeltU Is tw k J u ly 6,155 6.986 115,95C 114,006 Kan.C.W y. AN W N 3d wk Juné 6,174 4,617 145,968 152,789 KaD.C.&Beat - 3 d w k Ju n e 21S 23C 5,52C 6,481 K eokuk & W estj. Is tw k J u ly 6,517 185,352 5.561 188,880 L . E rie All. & So J u n e ......... 6.71S 32,75c 3,785 40.189 L. E rie & W est. 2d w k July 50.332 60.066 1,607,508 1,928,799 L ehigh A H u d . - J u n e ......... 48.711 200,520 42,764 269,838 Long I s la n d ... M ay ........... 375.51C 389,213 1,363,637 1,415,973 L ouis. A Mo.Riv7- A p ril......... 33.54« 100,181 24,778 132,318 Louis.Ev.A St.L - 2d w k Ju ly 30,681 716,818 16.24C 93 ¿,827 Louis v.&Nashv - 2d w k July 279.92C 401,015 9.751,270 1H , 509,361 Loui8.N.A.AChX 2d w k Ju ly 70,881 1,353,464 I , 743,989 39,971 L ou.St.L .A T ex - I s tw k J u ly 9,866 7,495 203,117 306,261 Louisv. S o u th . - 4 th w k j ’ne 15,813 293,011 16,296 342,704 M acon A Birm . J u n e ......... 5,418 34,833 4,180 33,730 M anches A Aug 1,122 3,630 604 5,721 M auistique 8.065 30.798 10,582 l i n e ......... 66,223 Memphis AChasi- I s tw k J u ly 18,833 15,741 631,707 754,011 IM exican Cent 2d w k Ju ly 158,359 126,618 4,585,546 4,297,870 M exican I n te r ’! M a y ........... 163,751 173,743 883,118 886,445 (Mex. N ational • 2d w k Ju ly 70,623 2,246,787 2,344,105 69,009 Mex. N orthern 268,906 58,409 IM exican R ’way* W kJune30 59,711 1,5«9,224 1,576,092 63,749 M inneap.ASt.L J u n e ......... 133.928 166,547 791,540 859.708 M o.K an.A Tex. • 2d w k J u ly 162,824 187,428 4,490,539 5,036,032 M o.Pac.AIronMi 2d w k J u ly 263,940 406,187 11,154,014 1 ,515,404 Mobile A B irm - I s tw k J u ly 132,121 4,406 145,997 4,813 Mobile A O hio. - J u n e ......... 247,439 259,748 1,592,385 1,666,845 M ont. A Mex.Gif J u n e ......... 84,643 565,694 90,000 536,213 N ash.C h.A St.L.- J u n e ......... 350,288 382,255 2,251,538 2,457,355 N evada C entral1 M arch....... 4,045 7,028 11,596 2,008 N. Je rs e y AN.Y • F e b r u a ry . 42.799 20,306 41,971 19,435 NewOrl.ASo’n ..- J u n e ____ 48,032 8,498 63,660 5,793 N .Y .C .A H .R ,. .e J u n e ......... 3.500,412 4,197,306 19,800,855 2 N. Y. L. E . A W - M ay 2,024,206 2,501,614 9,198,635 1 N. Y .Pa.A O hio,, M a y ....... 413,227 621,980 2,100,773 2,942,756 N. Y A P u tn am . A p ril.. . . . . 174,101 48,675 178,958 46,725 N. Y. O nt. A W . 2d w k Ju ly 87,779 1,906,770 1,969,848 89,364 N.Y.Susq. A W .. M ay 645,554 667,483 151,388 169,663 Norf. A South’n M a y ... . . . . 190,463 46,447 186,369 40,369 N orfolk A W est. 2d w k Ju ly 209,124 180,209 5.160,316 5,388.631 N’th e a s t’n (S.C.)1A p ril__ _ 02,447 250,278 277,406 50,963 N orth’n C entral. M a y ....... 428,463 610,295 2,203,735 2,841,445 N orth’n Pacific. Ju ñ e 6,152,074 1,877,646 9,627,544 904,719 Oconee A W est M ay........... 13,019 1,163 5,725 2,489 Ohio R iv er....... Is tw k J u ly 318,330 16,851 390,358 16,897 Ohio S outhern. Istw k Ju ly 10,677 17,147 O m aha A St. L .. M ay........... 181,657 243,138 45,678 27,219 Oregon Im p. Co. M ay 310,940 347,942 1,496,506 1,487,697 P en n sy lv a n ia ... M ay 22,085,896 2 ,102,955 4,247,368 6,061,287 PeonaD eo.A E v. 2d wk J u ly 398,001 467.630 17,617 11.796 P e te rsb u rg .... M ay........... 231,219 50,421 244,208 46,326 P hila. A E r ie ... M ay........... 309,608 507,784 1,354,245 I , 991,448 M a y ........... 1,628,230 1,964,059 7,312,246 9,050,187 2,136,837 2,054,637 7,876,854 »9,264,705 M a y __ M ay........... 3,765,067 4,018,696 15,189,100 1 ,314,892 16,032 3,394 19,748 2,415 J u ñ e ......... Pitt.Sben.A L.E . J u n e ......... 168,687 198,739 46,105 31,260 531,100 727,982 Ju n e . . . . . . 100,076 151,740 290,973 410,762 89,618 J u n e ......... 50,400 154,124 41,0.33 127,857 P itts . P a. A F J u n e ......... 26.918 424,374 T otal system .. 2d w k J u ly 60,137 1,083,861 II, 45,036 354,249 *itt. Young. AA. M a y ........... 536,955 86,781 161,718 132,275 127,538 14,929 P t. Royal A Aug, M a y ......... 13,409 120,245 129,247 Pt.Roy.A W .C ar A p ril......... 19,326 25,643 132,184 110,998 22,768 Q uincy O.AK.C, J u n e ......... 19,660 R ich’d A D anv. 2d wk J u ly 139,311 153,313 4,4 1,957 4,720,623 957,799 880,220 G eorgia P a c .. Is tw k J u ly 27,980 35,957 334,597 335,977 15,614 Char C.AAug I s tw k J u ly 9,842 268,255 283.227 Col. A Green*' Is tw k J u ly 8,457 7,108 T o ta l............ I s tw k J u ly 182.587 213,341 5,810,690 6,129,351 297,677 341,393 74,164 63,300 M ay 152,421 138,646 32,893 28,348 M ay 167,013 306,084 6,34 L Rio Gr. South’n I s tw k J u ly 5,908 41,900 1,002,078 1,192,274 Rio Gr. West’n .. 2d w k J u ly 26,900 54,094 58,310 Sag. T uscola AH, J u n e 11,738 11,517 34,855 38,498 8.943 7,633 Sag.Val. A St. L. M a y ........... 628,423 800.296 24,280 16,360 St. L. A. A T. H I s tw k J u ly 13,315 13,781 1.815 St.L .K en’etASo. J u n e ......... 2,149 72,013 2.055,939 2,567,433 St.L.Southw ’r n 2d w k J u ly 53,348 624.751 827,450 156,593 125,636 J u n e ......... 127,038 147,449 J a n u a ry ... 127,038 147,449 384,482 364,909 26,061 25,991 4thw k J ’ne 207,923 262,435 B av.A m .A M on J u n e ......... 41,617 32,900 Sav.Fia. A West M ay........... 199,492 227,696 1,361,313 1,360,709 129,296 127,695 7,439 4 th wk J ’ne 6,608 9,852 24,603 9,079 6,500 Silverton.. J u n e ......... 62,220 72,810 23,390 17,506 Sioux C ity A No. M arch....... 107,892 80,967 17,150 23,286 A pril......... 587,839 679,049 81,195 68,000 Sou jh Carolina. J u n e ......... 5,092 4,943 639 aoui.hANor.Car, ApriL 637 '.. . ■ -• - f e -. _ ...... ...... ...... ....... ...... ... ...... ...... ..... ...... ..... ...... ...... 352,238 371,741 1,289,194 1,499,203 April 477,010 391.368 84,880 67,455 M ay M organ’sLAT. M ay........... 463,556 430,160 2,234,551 2,196,850 89,836 9 2 ,0 1 6 20,571 17,846 N.Y.T. A M ex M ay 636,390 521,703 117,626 149,262 T ex. A N , O rl. A pril......... May........... 1,021,426 1,045,433 5,039,828 5,460,09 8 M ay........... 2,603,470 3,112,519 12,266,778 1. M ay........... 3.624,896 4,157,951 17.306,606 1< M ay........... 738,672 908,570 3,849,774 4,213,98i 891,224 851,472 163,410 164,727 M ay 426.99a 384,674 77,472 75.061 LlM a y ........... ...... THE CHRONICLE. 112 L atest L a m in g s Reported. R oads . W eekorM o 1894. 1893. Ja n . 1 to L atest Date. [VOL. LIX, 1894 1st week o f Ju ly. 1893. 1894. $ 4,406 16,851 60,108 20,743 24,28') 18,693 32,776 64,900 T otal (67 ro a d s)............ 3,788,892 N et decrease (30*39 p.c.). 5,443,114 ....... Mobile & B irm in g h am ... 37,308 44,523 7,722 9.476 B par.U n. &Col. A p r il......... 339,404 334,790 89,282 91,134 S ta te n Isl. B . T. M ay........... 9,036 7,895 2,762 2,330 BtonyCl. &CMt.. M ay. . . . . . . 652,300 462,286 82,938 110,561 S um m it B ranch. J u n e ......... 553,240 409.610 96,408 71,773 L y k en s Valley J u n e ...=,r. 871,896 1,205,540 T o t’lb o th Co’s Ju n e . . . . . . 154,711 206,969 95.383 100,482 3,106,521 3,486,344 T ex as & Pacific. 2d w k J u ly 26,150 20,475 4,071 2,544 Tex.S.Vad&N'.W J u n e ......... 555,419 529,504 19,306 14,660 X0I.A.A.&N 0.M. 2d w k J u ly 41,427 718,190 1,040,507 8,243 Tol.&Ohio C ent. 2d w k J u ly 479,761 415,056 18,693 14.717 ToL P . & W est.. ls tw k J u ly 944,565 690,206 32,283 23,216 T o l. 8t.L .& K .C . 2d w k J u ly 140,359 136,503 36,851 31,698 U lste r & D el— May,........... Union P acific— 1,188,715 1,510,993 5,377,513 6,975,703 Un. P ac. B B .. M a y __ 423,456 648,202 1,964,293 2,589,370 Or.S.L. & U. N M a y ___ 246,070 343,567 1,130,414 1,517,549 O r.R y.& N .C o M a y ___ 236,614 356,672 1,107,258 1,668,373 U .P ao . D .& G . M a y ___ 640,692 439.610 89,671 143,290 F t W’th& D .C . M a y ___ 433,991 83,954 356,438 70,681 St.Jos.& G d.Is. M a y .... 76,997 51,103 12,093 10,213 Kan.C.&Om. M a y .... 618,993 470,272 12,539 20,743 T ot.S t.J.& G .I. lstw k J u ly 215,567 184,335 39,431 38,116 C e n t.B r........... M a y .. . . A oh.C ol.& P .) 247,603 166,156 41,053 35,210 Ach.J.C.& W 5 M a y ___ 323,077 150,788 34,804 101,833 M ontana U n .. M a y ___ 18,269 18,490 5,085 3,998 M an.A l.& Bur. M a y .... 2,533,221 :,454,118 11,779,988 15,843,516 G r’d total.*« M a y __ 6,534,058 5,337,254 393,226 265,806 W ab ash — ....... 4 th w k J ’ne 81,981 15,824 67,227 11,623 Waoo<fe N orthw . M a y __ 604.038 533,105 121,750 147,257 W est Je rs e y ....... M a y ___ 455,421 372,560 56.717 105,606 W .V .C en.* P itts M a y ___ 116,950 113,425 34,976 32,484 W est Va.& P itts, A p r il... 205,854 - 195,727 33,436 39,447 W estern o i Ala-, M a y __ 450,571 425,997 104,642 100,937 W est. M aryland, M ay___ 64,900 1,385,018 1,863,400 68,600 W est. N. Y. & P a. ls tw k J u ly 807.038 565,846 32,168 10,808 Wheel. & L. E rie 2 d w k J u ly 7,954 7,275 1.742 1,868 W il.Chad.&Con. A p r il... 247,372 214,401 52,120 42,601 Wil. Col. & Aug, A p r il... 30,042 31,653 5,022 4,836 W rightsv.& Ten, M ay___ t In clu d es M ilw aukee & N o rth ern fo r a ll periods. * F ig u res given do n o t include L eav en w o rth T opeka & S outhw estern. a F ig u res cover o nly t h a t p a r t of m ileage lo cated in S outh C arolina b In clu d es earn in g s from ferries, etc., a o t given se p ara te ly , i M exi can currency, c In clu d es only h alf of lines In which U nion Pacific has a h a lf in te re st, d Includes Ohio & M ississippi in b o th y ears, e E s ti m a te b ased on q u a rte rly re tu rn s . 1893. $ 4,813 16,897 381326 12,539 16,360 14,717 15,593 63,600 P ittsb u rg & W estern ....... St. Jo sep h & Gd. I sla n d .. St. L ouis Alt. & T. H aute. Toledo P eo ria & West’n . . Tol. S t. L. & K an. C ity ... W estern N. Y. & P e n n ... Increase. $ 407 46 ............. ______ .... ... .... ... 3,700 65,101 Decrease. $ 21,782 8,204 7,920 3,976 17,183 1,719,323 1,654,222: The following will furnish a comparison of the weekly results for a series of weeks past. WEEKLY GROSS EARNINGS. — 0 hang es.A m ount. 1893 Period a n d num ber o f roads 1894. P . et. $ $ included. $ 8-31 3d w eek of J a n . (68 roads) 5,833,371 6,362,076 dee.528,705 4 th w eek of Ja n . (68 roads) 7,546,386 8,969,717 d c l.4 2 3 ,3 3 1 151 st w eek of Feb. (74 roads) 5,755,621 6,426,216 deo.670,595 102d w eek of Feb. (73 roads) 5,729,517 6,710,789 d eo .9 8 1,272 14-62' 3d w eek of F eb. (76 roads) 5,950,781 6,957,055 do 1,006,274 14-47 4 th w eek of Feb. (75 roads) 6,103,802 7,062,363 deo.958,561 13-57 1 st w eek of Moh. (77 roads) 6,151,034 6,991,361 deo.840,277 12 0 2 2d w eek of Mch. (78 roads» 6,339,355 7,167,445 deo.823,090 11_______________ . 7,419,391 dec.984,913 13-28 3d w eek of Mch._(78_ roads) 6,434,478 4 th w e e k o f Mch. (82 roads) 8 , 806,220 10,239,682 d e l .433,462 1 4 0 0 1 s t w eek of A pr. (75 roads) 6,047,298 6,994,302 dec.947,004 13-54 ~ 6,063,533 6,936,702 dec.873,164 122d w eek of A pr. (72 roads) 3d w eek of A pr. (74 roads) 5,923,270 6,758.56'5 dec.835,295 12-36 4 th w eek of A pr. (71 roads) 7,010,96 ) 8,440,306 dc 1,424.346 161 s t w eek of May (74 roads) 5,556,183 6,633,245 d e l,077,057 162d w eek of M ay (69 roads) 5,230,539 6,387,004 d e l ,156,465 1 8 T 0 3 d w eek of M ay (73 roads) 5,541,367 6,881,451 d e l ,339,584 19 4 7 4 th w eek of May (31 roads) 8,311,249 10,093,867 d e l ,782,618 171 s t w eek of J u n e (75 roads) 5,471,365 6,985,066. d e l ,513,701 21-67 2d w eek of J u n e (76 roads) 5,626,608 7,117,460 d e l ,490,852 20-94 3d w eek of J u n e (74 roads) 5,561,553 6,949.839 dc 1,388.286 19-98 4 th w eek of J u n e (75 roads) 7,254,082 9,001,152 d e l,747,070 19-41 1 st w eek of J u ly (67 roads) 3,788,892 5,443,114 d e l ,654,222 30-39 2d w eek of J u ly (39 roads) 3,118,107 3,846,159 dec.723,052 1 8 '9 3 Net Earnings Monthly to Latest Dates.—The following shows the gross and net earnings to latest dates of all railroads furnishing monthly statements. The compilation includes every road from which we can get returns of this character, and in that form is given once a month. Early returns are Latest Gross Earnings by Weeks.—The latest weekly aarn- published from week to week, as soon as issued, but for the ings in the foregoing are separately summed up as follows: convenience of our readers all the roads making returns are Our preliminary statement of earnings for the second week brought together here in the week in which we publish our of July covers 39 roads and shows a loss of 18-93 per cent. monthly article on net earnings—say on or about the 20th of the month. A paragraph mark (If) appended to the name of Increase. Decrease. 1894. 1893. 2d week o f Ju ly. a road indicates that the figures for that road for the period g i ® e n have not previously been published by us. $ $ « * B a lt. & Ohio S o u thw est. B rooklyn E le v a te d ........... Buffalo' Roch. & P i t t s — Chicago G re a t W estern.. Chie. P eo ria & St. L ouis. Chicago & W est Michigan Oin. Ja c k so n & M ackinaw D en v er & R io G ran d e__ D e tro it L an s’g & N o rth ’n G ran d R ap id s & In d ia n a Cin. Rich. & F t. W ayne T rav erse C ity ................ M us. Gr. R ap id s & Ind. G ra n d T ru n k of C anada. I n te r n ’l & Gt. N o rth’n . . . K a n a w h a & M ich ig an .. . . L ak e E rie & W e s te rn __ L ouisville & N ash ville... L ouisv. E v an sv . & St. L L o uisville N. A. & C hic.. Mo. Pacific & Iro n M t___ N ew Y ork O nt. & W est’n . N orfolk & W estern.......... P eo ria Dee. & E v a n s v ... St. Louis S o u th w este rn .. Tol. A n n Arbor &N.M ich. Toledo & Ohio C e n tra l... Toledo St. L. & K an. City. W heeling & L ake E rie .. T o ta l (39 ro ad s)......... N e t decrease (18‘93 p.o.) 109,890 29,617 73.492 338,000 174,977 42,564 13,962 23,694 9,877 83.600 16,908 15,562 31,719 6,466 1,402 2,212 327,251 44,395 4,676 50,332 279,920 16,240 39,971 158,358 69,009 162,824 264,000 89,364 209,124 11,796 45,036 139,311 26 900 53,348 95,383 14,660 8,243 23,216 10,808 120,763 30,858 71.650 429.000 203,327 73,077 19,114 30,498 10,486 114,700 18,820 17,393 43,226 8,507 1,168 2,329 394,851 59,285 5,194 60,066 401,015 30,681 70,881 126,618 70,623 187,428 406,000 87,776 180,209 17,617 60,107 153,313 41.900 72,013 100,482 19,306 41,427 32,283 32,168 3,118,107 3,846,159 1,842 .. . . . . . ............. ........ ........ 234 ........ ........ 31,740 .... _ 1,588 28,915 ........ ........ 64,319 10,873 1,2 41 91,000 28,350 30,513 5,152 6,804 609 31,100 1,912 1,831 11,507 2,041 117 6 /,6 0 0 14,890 518 9,734 121,095 1 4 ,4 4 1 30,910 1,614 24,604 142,000 . . . . ... '5*.821 15,071 14,002 15,000 18,665 5,099 4,646 33,184 9,067 21,360 792,371 728,052 For the first week of July our final statement covers 67 roads, and shows 30’39 per cent loss in the aggregate, l s i week o f J u ly . P rev io u sly re p ’d (42 r ’ds) A tch. Top. & S an ta F® ... St. L ouis & S an F r a n .. B u rl. Ced. Ran. <fc N o rth . C hicago & E ast. Illinois. Chic. P eo ria & St. L ouis. Clev. Cin. Chic. & St. L .. D u lu th So. Shore & A tl.. E a st. Tenn. Va. & G a __ E v an sv . & In dianapolis.. E v an sv ille & Richm ond.. E v an sv . & T erre H au te. F lin t & P e re M a rq u ette.. K an . C ity Mem. & B irm .. K an . C ity P ittsb . & G ulf. K an . C ity Sub. B e lt......... K eokuk & W estern ......... M em phis & C h a rlesto n .. 1894. 1893. $ $ 2,849,619 3,695,797 647,641 258,094 57,642 145,861 67,994 36,347 8,244 93,643 19,114 14,578 259,666 149,460 48,600 42,870 84,937 72,007 5,672 3,332 1,994 1,719 24,004 11,175 55,142 45,384 14,815 13,784 3,414 9,060 6,988 6,155 6,517 5,561 18,833 15.741 Increase. « 55,027 .... ... ............. ........ 275 ........ 5,646 ........ 901.205 389,547 88,219 31,647 85,399 4,536 110.206 5,730 12,930 2,340 12,829 9,758 1,031 833 956 3,092 ,---- Gross E a rn in g s.----->.----- S e t E arn in g s.-—1894. 1893. 1894. 1893., $ $ Roads. $ $ 84 183 A d iro n d a c k ...........IT.May 13,988. 13,337 19,3 28 21,572 Ja n . 1 to May 3 1 ___ 67.458 70,977 A labam a M idland..H .M ay 36,356 32,901 def.4,828 def.5,142 Ja n . 1 to M ay 3 1 .... 221.223 190,726 def.2.405 def. 14,348 32,555 105,966 A llegheny V alley___M ay 135,392 240,-<47 360,751 276,693 J a n . 1 to May 3 1 .... 795,29J 1,086,657 1,106 1,622 A nnap. W ash. & B .„ A pr. 4,009 4,065 5,360 3,189 J a n . 1 to Apr. 3 0 .... 17,359 14,049 2,951 1,057 A rk an sas Midland.H May 6,861 4,973 16,207 12,598 J a n . 1 to M ay 3 1 .... 32,305 33,003 376,337 1,384,151 At. T. & 8 . F e ...... blfM ay 2,622,423 3,603,440 Ja n . 1 to M ay 31. ..12,671,079 16,193,377 2,099,322 4,403,028 J u ly 1 to May 3 1 ....3 2 ,1 9 3 ,5 8 4 38,021,242 8,736,470 11,656,842 144,366 253,249 St. U & San F r. bIT May 601,958 762,858 719,234 1,090,657 J a n . 1 to M ay 3 1 . . . . 2,973,142 3,581,714 J u ly 1 to May 3 1 . . . . 7,213,203 8,672,978 2,177,086 3,101,358 520,703 1,637,400 A ggregate total. bH May 3,224,381 4,366,298 J a n . 1 to May 3 1 .... 15,644,221 19,775,091 2,818,556 5.493,685 J u ly 1 to May 3 1 ....3 9 ,4 0 6 ,7 8 7 46,694,220 10,913,556 14.758,200 10,343 3,923 A tla n ta & W. Point.TiMay 32,654 28,429 64,805 40,701 Ja n . 1 to M ay 31 . . . 192,234 176,856 8,451 3,372 A ustin & N o rth w ..If.M ay 22,149 15,077 39,244 31,306 Ja n . 1 to May 3 1 .... 97,154 101,499 B a ltim o re & Ohio— 629,552 488.633 L ines E. O. R . blT.Jnne 1,313,747 1,703,713 J a n . 1 to J u n e 3 0 ___ 7,530,520 9,320,880 2,158,911 2,733,310 J u ly 1 to Ju n e 3 0 .... 16,961,122 19,756,747 5,645,430 6,094,950 113,304 87,309 L ines W. O. R .b U Ju n e 359,779 523,416 154,236 381,685 J a n . 1 to J u n e 3 0 .... 2,088,631 3,098,830 J u ly 1 to J u n e 30 ___ 5,478,480 6,458,060 1,226,009 1,077,875 742,856 575,942 T o ta l sy ste m ..-b 1 iJu n e 1,673,526 2,232,129 J a n . 1 to J u n e 3 0 ___ 9 ,619,15112,419,710 2,313,147 3,114,995 J u ly 1 to J u n e 3 0 ....2 2 ,4 3 9 ,6 0 2 26,214,807 6,671,439 7,172,825 516,302 161,557 160,755 469,026 d B . & O. Soutbw ’n.bA pr. 718,650 726,008 Ja n . 1 to Apr. 3 0 ___ 2,003,036 2,254,082 • Nov. 1 to A pr 3 0 .... 3,052,801 3,363,813 1,094,937 1,089,630 364 1,834 732 1,512 B a th & H am m onds if ..May 8,762 2,141 3,254 7,883 Ja n . 1 to May 3 1 ---2,796 423 def.492 1,975 Birm . & A tlantie.bIT.M ay 590 87 9,353 14,808 J a n . 1 to May 3 1 ___ 35,460 2,140 4,559 20,387 J u ly 1 to May 3 1 ---177,080 73,048 83,909 164,558 B r’klyn E levatedlf aM ay 771,576 840,745 297,418 371,913 J a n . 1 to May 3 1 ___ 606,450 778 ,6 8 9 J u l y l to May 3 1 ... 1,615,158 1,792,177 307,951 def.5,311 100,461 94,867 Bufi. R och.& P itts. 1TbMay 277,220 384,730 963,037 1,352,364 J a n . 1 to May 31 ___ 809,770 877.617 J u ly 1 to M ay 3 1 .... 2,699,973 3,050,606 68,324 310,850 53 ,1 9 2 286.659 B url. Ced.R. & No.alTMay 406,371 345,254 J a n . 1 to May 3 l ---- I,488j629 1,564,107 16,534 8,051 58,959 64,249 0am . & Ati.. . . . — a. ITMay 31,703 def. 15,853 254,594 233,280 Ja n . 1 to M ay 3 1 ---1,605,543 513,533 1,450,439 509,585 C anadian P a c ific .a ..M a y J a n . 1 to M ay 3 1 ---- 6,679,086 7,569,124 1,849,274 2,346,943 2,713 def. 1 ,2 1 1 def. 1,109 2,174 C arolina Mid la n d ... HMay 1 ,1 1 1 825 21,019 19,178 Ja n . 1 to M ay 3 1 ---11,103 16,235 56,528 58,731 J u ly 1 to M ay 3 1 .... 369,516 495,303 Cent, of N. J e rs e y .a ..M a y 1,069,446 1,263,969 J a n . 1 to M ay 3 1 — 4,535,861 5,816,570 1,314,178 2 ,1 3 9 ,1 3 4 87 44 55 59 16 24 66 Ches. 0 . & So’wn. b . .. M ay J a n . 1 to M ay 3 1 .... Chio.Bur.& N orth. blTMay Ja n . 1 to M ay 31 ___ «Chic. M. & St. P .a . ..M ay 2,259,714 2,701,576 Ja n . 1 to May 3 1 . . . . 1 1 ,294,353 13,305,393 J u ly 1 to May 3 1 ....2 8 ,9 4 4 ,0 0 9 32,838,458 Chlo. & W. M ic h ........M ay 120,129 174,635 615,466 781,731 J a n . 1 to M ay 31 ___ Cin. Ja e k .& Mack.1I b .M ay 52,240 40,138 245,864 284,735 Ja n . 1 to May 3 1 ___ J u ly 1 to M ay 3 1 ___ 572,193 679,613 Oinn. & K ent. So.IT...M ay 932 1,721 J a n . 1 to M ay 3 1 .... 4,545 6,125 Cin. N.O.& T ex .P .lfa.M ay 247,000 343,016 Ja n . 1 to M ay 3 1 .... 1,392.000 1,665.351 J u ly 1 to M ay 3 1 .... 3,325,972 3,831,355 N. O. & No’e a s t.. alTMay 80,000 113,000 J a n . 1 to May 3 1 .... 467,000 539,726 J u ly 1 to M ay 3 1 .... 1,209,940 1,312,885 A lab’a &Vieks. .aU .M ay 33.000 38,000 204, 00 226 846 J a n . 1 to M ay 3 1 .... 533,615 547,188 Ju ly 1 to May 3 1 .... 33.000 34,000 Vicks. Sh. & P a c . a l l . May .Tan. 1 to M ay 3 1 __ 206,000 213,552 518,914 527,961 Ju ly 1 to M ay 3 1 .... 26,050 Cin. P o rts. & Vir.b1T.M ay 22,511 92,773 104,667 J a n . 1 to May 3 1 . . . . 230,215 252,961 J u ly 1 to M ay 31 . . . Olev. A kron & C ol.b ..M ar. 75,745 92.264 J a n . 1 to M ar. 3 1 ___ 213,283 236,520 681,255 762,621 J u ly 1 to Mar. 3 1 ___ 0 1 ev .d n .C .& S t.L .a...M ay 1,020.084 1,184,755 Ja n . 1 to M ay 3 1 .... 4,896,254 5,464,833 J u ly 1 to M ay 3 1 ....1 2 ,0 1 2 ,9 8 4 13,460,952 P e o r ia & E a s t’n.aU M ay 116,663 142,108 J a n . 1 to M ay 31 . . . 596,343 665,443 J u ly 1 to M ay 3 1 .... 1,492,821 1,592,376 Col. H . V. & T o l.b ,.. A pr. 232,655 277,952 J a n . 1 to A pr. 3 0 . . . . I 'M M M jM M j 809,944 1,085,632 1.342 711 C ry s ta l...................... II May 4,283 J a n . 1 to M ay 3 1 .... 6,934 C um berland Valley. ITMay 60,013 77,631 Ja n . 1 to M ay 3 1 .... 285,360 343,244 557,011 757,717 Den. & R. G ran d e.b ..M a y J a n . 1 to M ay 3 1 . . . . 2,550,701 3,561,246 J u ly 1 to M ay 3 1 . . . . 5,974,176 8,570,458 D et. L ans. & N o r.a ..M a y 83,659 101,060 J a n . 1 to M ay 3 1 .... 418,062 489,407 101,351 85,611 E d iso n E l.Il. Co.,N.Y. Ju n e J a n . 1 to J u n e 3 0 . . . . 687,755 609,856 E d .E l.Ill. Co., Bklyn.. J u n e 24,004 20,406 J a n . 1 to J u n e 3 0 .... 186,880 153,631 E lg in J o lie t & E .a.If.M ay 69,790 77,718 Ja n . 1 to M ay 3 1 ___ 437,449 394,686 J u ly 1 to May 3 1 .... 963,908 852,636 E u re k a S p rin g s........A p r. 5,788 8,028 21,442 Ja n . 1 to A pr. 30 . . . 28,218 F lin t & P e re M a r.a. ..M ay 187,781 258,611 J a n . 1 to May 3 1 .... 1,018,210 1,239,004 F t.W o rth &Rio G r...F e b . 18.731 25,471 39,712 Ja n . 1 to Feb. 2 8 .... 52,275 G adsden & A tt. Un i] May 1,284 627 J a n . 1 to M ay 3 1 .... 2,606 4,398 G eo rg ia .......... a.IT Ju n e 78,102 86,942 J a n . 1 to J u n e 3 0 ___ 614,163 666,715 J u ly 1 to J u n e 3 0 . , . . 1,367,185 1,480,252 G a. S outh’n &Fla.b.1f May 59,974 65,547 Ja n . 1 to May 3 1 .... 351,273 344,710 759,495 747,339 J u ly 1 to May 3 1 ___ 186,534 270,751 G ran d R ap. & Ind.1f.M ay J a n . 1 to M ay 3 1 ___ 940,923 1,240,808 G ran d T r’k of C an. f . May 1,423,286 1,574,915 Ja n . 1 to May 3 1 . . . . 6,834,285 7,466,158 Chic. & G r’dTr..1T..M ay 254,611 300,133 J a n . 1 to May 3 1 .... 1,204,766 1,429,451 D et.G r. H . & M il. .IfM ay 78,094 94,217 Ja n . 1 to M ay 3 1 . . . . 384,096 436,932 G olf & C hicago...blT M ay 3,334 3,686 J a n . 1 to M ay 3 1 .... 17,526 17,325 H oos. T un. & W ilm ...M ay 3,910 3,088 J a n . 1 to M ay 3 1 .... 14,387 14,296 H o u st. E . & W. T ex ...M ay 27,417 32,495 J a n . 1 to May 3 1 .... 164.578 179,515 J u ly 1 to May 3 1 .... 416,981 428,009 Illin o is C en tral. .alT M ay 1,427,871 1,739,507 J a n . 1 to May 3 1 .... 7,179,989 7,948,425 J u l T l to M ay 3 1 ....1 9 ,3 2 0 ,1 2 8 18,142,785 30,216 33,707 In d . Deo. & W est. .IT.May 137,880 183,935 J a n . 1 to M ay 3 1 . . . . 360,600 468,974 J u ly 1 to M ay 3 1 ___ 124,242 155,147 Io w a C e n tra l___blT.-May 708,468 749,356 J a n . 1 to M ay 31 . . . J u ly 1 to M ay 3 1 . . . . 1,723,314 1,797,339 2,609 4,309 Iro n R a ilw a y ... -blT. .M ay 17,123 17,466 J a n . 1 to M ay 3 1 .... 38,339 Ju ly 1 ,to M ay 3 1 .... : 36,113 725,473 798,526 3,680,499 3,796,822 10,253,153 10,971,58 J 41,400 22,195 67,052 134,035 3,643 5,195 38,360 51,503 82,506 171,249 def.132 526 def.3,207 189 34.000 71.000 335.000 389,70 2 840.000 910,184 6,000 19.000 64.000 92,995 228.000 216,995 4,0 °0 39.000 48.253 129.000 99.253 def.1,000 def.4,000 37.000 39,910 133.000 124,910 2,090 6,810 13,747 14,594 35,030 45,846 26,576 22.146 57,586 49,193 193,328 196,671 290,179 309,600 1,246,659 1,250,025 3,020,170 3,366,825 def. 14,590 3,076 38,169 59,529 173,575 267,742 114,154 111,982 334,352 434,500 100 719 1.663 3,644 11,988 22,634 66,986 85,343 226,786 302.819 985,121 1,462,212 2,346,644 3,719,555 16,125 17.961 47,478 83,750 52,504 34,198 375,645 282,303 6,182 7,110 83,207 67,518 17,636 17,575 133,358 82,228 314,895 226,305 3.663 5,500 11,343 14,984 36,253 59,621 272,873 287,930 1,351 5,473 1,930 13,280 371 932 1,392 2,632 120,767 12,700 1157,085 1112,387 1497,201 1392,019 def. 640 8,179 73,792 50.962 165,078 167,104 43,003 47,678 197.545 239,022 474,289 504,389 1,587,695 1,823,951 18,892 53,771 34,445 172,354 10,808 19,417 36,137 49,394 def. 42 1,132 480 4,209 1,432 686 3,413 3,206 6,819 8,092 50,132 50,168 163,125 121,926 374,048 553,617 1,771,403 2,149,363 6,031,045 5,012,486 757 5,314 15,537 38,353 68,765 135,648 23,014 50,081 197,210 220,308 612,370 510,497 356 def. 69 5 2,909 1,235 1,732 4,199 .---- Gross E arnings.-----:. -----Net E arnings.----- , 1894. 1893. 1894. 1893. Roads— $ $ $ $ 23,227 13,452 Ja ck . Tam . &K.W..1TMay 58,339 56.005 Ja n . 1 to M ay 3 1 ---424,663 435,041 197,967 186,948 K an aw h a & M ich.b.lfM ay 32,305 34,483 10,469 9,590 34,693 45,417 14^,952 147,963 Ja n . 1 to May 3 1 J u L v l to M ay 3 1 . . . . 336,981 339,174 99,013 111,245 k K a n . C.Ft. S A M .a.M ay 397,997 417,601 113,226 67,548 J a n . 1 to M ay 3 1 .... 1,965,917 2,330,246 582,515 589,692 J u ly 1 to M ay 3 1 .... 4,521,734 5,289,693 1,333,235 1,474,664 K an.C . M e m .& B .a ..M a y 71,588 71,862 2,180 def. 13,966 Ja n . 1 to M ay 3 1 .... 424,772 467,498 52,413 75,464 J u ly 1 to M ay 3 1 .... 1,003,342 1,089,163 175,393 185,292 6,641 4,480 K eokuk & W est’nb1T.May 28,566 27,620 J a n . 1 to May 3 1 .... 152,186 154,100 51,566 51,954 360 L. E rie All. & So..alTM ay 4,263 5,286 def.1,444 J a n . 1 to M ay 3 1 . . . . 28,968 33,476 4,954 5,084 L .E rie & W est’n.b.lTM ay 259,547 302,680 91,755 115,507 509,977 608.373 J a n . 1 to M ay 3 1 .... 1,244,648 1,493,277 Louisv. E v. & St. L... Apr. 114,989 144,361 24,004 21,039 118,310 116,357 Ja n . 1 to. Apr. 3 0 .... 470,480 603,271 Louisv. & N a s h v .b . M ay 1,481,469 1,761,613 449,436 511,059 J a n . 1 to Mav 3 1 .... 7,673,604 9,004,367 2,771,382 3,019,771 J u ly 1 to M ay 3 1 .... 17,429,528 20,689,795 6,645,959 7,531,092 Louisv. N. A. & C .a ...M ay 233,604 298,573 76,818 106,656 J a n . 1 to May 3 1 .... 1.047.958 1,283,185 269,637 370,338 J u ly 1 to May 3 1 .... 2,902,683 3,034,848 921,759 942,394 Louisv. St. L.& T ex. IT.May 35,338 50,741 7,743 18,055 Ja n . 1 to M ay 3 1 .... 159,533 244,850 25,592 84,409 M acon & B irm ing.. . If May 4,861 4,194 def.661 def.770 J a n . 1 to May 3 1 5,280 3,822 30.653 28,312 J u ly 1 to M ay 3 1 . . . . 65,449 64,343 13,288 10,436 8,747 8,363 M anistique............... IfMay 7,516 4,826 Ja n . 1 to M ay 3K.fff. 20,216 58,158 10,348 29,614 M a rie tta & Nor. G a...M ar. 20,431 ....... . 4,291 ........ M em phis & C h ar...... Apr. 89,277 109,415 def.6,676 7,072 M exican C e n tra l.......May 784,301 712,743 275,083 263,156 J a n . 1 to May 3 1 .... 3,601,212 3,376,868 1,149,743 1,166,549 Mex. In te rn a tio n a l...M a y 163,751 173,743 59,783 46,449 J a n . 1 to M ay 3 1 .... 883,118 886,445 373,964 232,296 M exican N atio n a l.. .M ay 378,533 373,734 f l6 9 ,5 7 0 f!4 0 ,8 5 7 Ja n . 1 to M ay 3 1 . . . . 1,771,866 1,887,335 £744,704 £685,212 M exican N o rth ern .If.M ay 58,409 ........ ............. 31,820 J a n . 1 to May 3 1 .... 268,906 ... 143,784 ........ M inn. & St. L o u is.a...M ay 140,940 148,915 46,872 35,199 J a n . 1 to May 3 1 .... 657,612 693,161 228,176 212,824 Ju ly 1 to M ay 31 . . . 1,583,169 1,807,951 623,403 657,124 N ash. Ch.<feSt.L..b.1fJune 350,289 382,256 129.363 142,691 J a n . 1 to J u n e 3 0 . . . . 2,251,539 2,457,356 857,586 932,847 J u ly 1 to J u n e 3 0 .- .. 4,821,662 5,131,780 1,850,483 1,992,375 N evada C e n tra l........M ar. 2,008 4,045 def.342 1,194 J a n . 1 to M ar. 3 1 . . . . 7,028 11,596 def.33 2,737 2,238 8,325 J u ly 1 to M ar. 3 1 . . . . 22,474 35,470 874 2,442 New Orl.<&South..a.1fMay 8,390 11,854 3,964 J a n . l to M ay 3 1 .... 42,239 55,162 def.1,131 8,203 6,700 J u ly 1 to May 3 1 .... 114,748 134,953 N.Y.L. E . «fcWest’n .c.M ay 2,024,206 2,501,614 *588,943 *843,693 J a n . 1 to May 3 1 .... 9,198,635 11,819,674 *2,157,654 *3,713,965 O ct 1 to M ay 3 1 ....1 6 ,5 0 4 ,3 9 2 19,700,546 *4,523,880 *6,447,878 N. Y. & P u tn a m ........M ar. 47,101 48,782 14,230 2,827 Ja n . 1 to M ar. 31 .. 127,376 130,283 31,341 def. 10,886 103,462 77,975 N. Y. O nt. & W est.a. .M ay 346,481 322,482 J a n . 1 to M ay 31. .. 1,367,093 1,431,783 339,269- 257,658 984,255 779,376 J u ly 1 to M ay 3 1 .... 3,462,252 3,313,976 58.519 80,814 N. Y. Bus. & W e s t.b .M a y 151,383 ' 169,663 247,791 274,512 J a n . 1 to M ay 3 1 .... 645,554 667,483 J u ly 1 to May 3 1 .... 1,595,827 1,591,261 696,329 700,564 15,637 17,460 N orfolk & 8 o u th .......M a y 40,369 46,447 J a n . 1 to M ay 3 1 . ... 190,463 186,369 54,498 62,600 J u ly 1 to M ay 3 1 .... 392,596 391,188 127.907 132,520 285.363 277,922 N orfolk & W e s t.a ....M a y 932,868 929,314 J a n 1 to May 3 1 . . . . 3,939,063 4,247,426 978,934 1,093,749 94,904 217,677 N o rth ern C entral b M ay 428,463 610,295 J a n . 1 to M ay 3 1 .... 2,203,735 2,841,445 600,106 815,667 18,843 22,942 Ohio R iv er...........b ...M a y 54,654 66,923 J a n . 1 to May 3 1 .... 246,245 307,631 84,038 101,866 Oregon Im p. C o.a......May 310,940 347,942 60,745 57,474 258,942 222,033 J a n . 1 to M ay 3 1 .... 1,496,506 1,487,697 Dec. 1 to M ay 3 1 .... 1,777,483 1,789,342 280,486 266,714 P enn, (east P . & E .)..M ay 4,247,363 6,061,287 1,251,073 2,200,684 J a n . 1 to May 3 1 ....2 2 ,0 8 5 ,8 9 6 28,102,955 6,045,884 7,405,558 Deo. 735,989 L ln e sw e st P . & E .M ay.j D ec.1,090,269 D eo.3,457,812 Ja n . 1 to M ay 3 1 ___ Dec. 1,080,529 P eo ria Dec. & E v ....A p r. 55,749 67,206 9,233 22,081 J a n 1 to A pr. 3 0 .... 254,730 285,096 73,312 101,561 P e te r s b u r g ....’....IT .. May 46,326 50,421 12,717 12,184 J a n . 1 to May 3 1 . . . . 231,219 244,208 66,214 85,933 152,205 196,935 Ju ly 1 to May 3 1 .... 459,997 492,985 80,554 231,155 P h ilad elp h ia & E rie. M ay 309,608 507,784 Ja n . 1 to May 3 1 . . . . 1,354,245 1,991,448 345.908 634,717 P hila. & R eading....... May 1,628,230 1,964,059 676,946 802,187 Ja n . 1 to May 3 1 - ... 7,312,246 9,050,187 2,893,319 3,099,077 Dec. 1 to May 3 1 .... 9,034,757 11,018,554 3,673,546 3 ,9 /4 ,9 2 1 Coal & Iro n Co.......May 2,136,837 2,054,637 df.111,956 def.37,823 J a n . 1 to May 3 1 .... 7,876,854 9,284,705 df.367,740 48,120 Dec. 1 to*M ay 3 1 ....1 0 ,1 5 6 ,1 6 4 10,970,051 df.250,287 36,865 T otal b o th Co’s .......M ay 3,765,067 4,018,698 564,990 764,364 Ja n . 1 to May 3 L___15,189,100 19,314,892 2,525,579 3,147,197 Dec. 1 to M ay 3 1 ....1 9 ,2 2 0 ,9 2 1 21,938,605 3,423,259 4,011,786 P itts. C. C. & S t LH .Ju n e Deo. 341,902 Deo. 180,708 J a n . 1 to J u n e 3 0 D ec.1,334,066 Dec. 335,600 P itts. M ar. & Chic. IfMay 1,604 2,842 12 def.1,288 Ja n . 1 to May 3 1 ___ 13,617 16,354 3,722 1,985 P itts. Y oungs. & A ....M ay 86,781 161,718 28,457 86,895 Ja n . 1 to M ay 3 1 .... 354,249 536,955 114,266 207,195 303 P o rt R oyal & Aug. V.M ay 13,409 14,929 def.13,504 Ja n . 1 to M ay 3 1 .... 127.538 132,275 10,494 20,337 Quin. Om.& K. C. blf J u n e 19,660 22/763 3,747 4,372 Ja n . 1 to Ju n e 3 0 .... 110,998 132,184 34,976 32,234 152,293 178,879 R ichm ond & D anv..IfM ay 727,035 784,368 Ja n . 1 to May 3 1 .... 3,535,211 3,744,987 942,536 1,048,379 J u ly 1 to May 3 1 .... 7,884,387 8,551,554 2,181,057 2,721,791 G eorgia P a c ific ... If May 103,251 133,265 def.17,708 4,144 J a n . 1 to May 3 1 .... 737,715 789,102 63,103 90,020 J u ly 1 to May 3 1 .... 1,784,716 1,824,307 327,402 279,408 _ C har. Cin. & C hic... ITMay Ja n . 1 to May 3 1 .... C har. Sum t. & N or. .ITMay J a n . 1 to May 31 ___ C h a ta u q u a L a k e .. if. May J a n . 1 to May 3 1 .... C heraw & D a r i.. b i t . May J a n . 3 to May 31 . . . J u ly 1 to May 3 1 .... C hesapeake & O hio.aM ay -Gross E a rn in g s.---- «.----- Net E a rn in g s.1894. 1893. 1894. 1893. S $ $ $ 1,116,827 11,330,248 403,812 556,418 4,866,755 l5,443,546 1,639,697 1,929,833 12,032 10,524 121 def.3,499 71,104 67,676 11,368 def.23,345 10,885 10,264 def.4,261 def.4.676 70,856 74,290 def. 2,080 1,137 3,454 4,904 def.408 854 15,557 21,250 1,506 473 4,512 5,924 def.3,353 def.79 6 36.325 4 >.994 3,961 12,495 79,983 83,734 16,022 25,509 571,800 863,120 156,892 201,733 3,427,170 <1,106,330 1,074,204 1,185,665 8,345,789 9,499,648 2,779,303 3,002,416 51,651 185,229 161,875 67,452 986,352 809,938 228,250 347,743 139,380 224,002 31,123 82,967 665,967 11,010,061 145,860 361,703 2,516,316 i3,290,842 780,520 1,109,384 _ Bo ads. 113 THE CHRONICLE. J uly 21, löö4.j 114 THE CHRONICLE — Gross Earnings.-Net E a rn in g s.---Roads. 1894. 1893. 1894. 1893. $ B ieb. & D anv. (C on.)— S C har. Col. & Aug.IT.May 49,109 51,587 def.5,937 3*233 28,431 Ja n . 1 to May 3 1 ---283.656 277,368 57,714 J u l y 1 to M ay 3 1 .... 613,455 629,668 108,896 170,344 Col. & Greenville.ITM ay 33,429 32,106 507 def. 5.622 Ja n . 1 to M ay 3 1 .... 246.681 227,678 70,133 57,915 J u ly 1 to May 3 1 .... 517,918 523,598 168,318 157,656 T o ta l....................... ITMay 917,824 1,001,626 129,155 180,634 J a n . 1 to May 3 1 — 4,803,263 5,039,135 1,104,203 1,254,028 J u l y 1 to May 3 1 ....1 0 ,8 0 0 ,5 0 6 11,529,127 2,785,673 3,329,199 32,893 Bioli. & P etersb u rg !!. May 28,348 9.121 6,908 J a n . 1 to May 3 1 .... 138,646 152.421 34,733 42,365 326,897 Ju ly 1 to M ay 3 1 ---288.659 62,180 100,112 74,164 R ich. F red . & Pot-.1T.May 63,300 21.406 29.397 J a n . 1 to May 3 1 .... 297,677 111,599 341,393 139,563 626,852 J u ly 1 to May 3 1 .... 544,056 182,518 247,083 43,751 R io G rande South, b f May 27,695 14,771 21.613 251,781 J a n . 1 to May 3 1 .... 129,257 55,523 117,146 214.102 R io G ran d e W e s t.b . .M ay 196,540 69,534 77,331 891,674 J a n . 1 to May 3L, .. 787,228 222,097 283,437 681.294 J u ly 1 to M ay 3 1 — 1,930,189 2,277,125 809,843 B ag.T ua.& H uron.-ir.M ay 9,063 8,894 2,404 1.910 46,572 B J a n . 1 to M ay 3 1 .... 42,577 7,447 15,039 8,943 3,103 Bag. V alley & St. L . ITMay 7,633 2,777 38,498 8 J a n . 1 to M ay 3 1 .... 34,855 10,456 11,211 135.421 47,302 8 t.L . A. & T. H .b .... Apr. 113,426 50,895 539,790 Ja n . 1 to Apr. 3 0 .... 460,023 203,263 213,531 444,083 57,871 S t Louis S outhw ’n ...M a r. ; 364,511 61,309 109,209 Ja n . 1 to Mar. 3 1 .,.. 1,068,537 1,301,295 193,641 726.295 819,733 Ju ly 1 to M ar. 31.1.Ì !3 i7 l4 ;i7 9 3,994,161 39,767 Bt P a u l & D u i...b IT.May 140,038 158,883 26,034 J a n . 1 to May 3 1 ... : 49 9 ,1 15 670,8^7 112,978 151,621 J u ly 1 to M ay 3 1 . . , . 1,385,424 1,948,681 421,149 679,065 147,449 11,001 S an A nt.& A ran. P . ..J a n . 127,038 34.051 76,301 32,536 S an F r. & N. P a c . a M ay 77,380 27.238 307,260 ‘ 69,628 Ja n . 1 to May 3 1 ---286,986 «7,584 799,055 232,556 J u ly 1 to M ay 3 1 — 730,415 265,903 44,929 gav. Artier. & Mont.lTMay 32,638 2,998 8,393 220,818 4,130 J a n . 1 to May 3 1 .... 175,023 10,186 526,303 31,239 Ju ly 1 to M ay 3 1 ---405,088 84.400 227,696 Sav. F la. & W est...ITM ay 199,492 43.258 58.298 516,785 Ja n . 1 to May 3 1 — 1,361,313 1.360,709 556,840 Ju ly 1 to M ay 3 1 — 2,809.845 2,733,496 1,040,296 1,027,247 6,073 108 2.400 B i l v e r t o n . . . . . . . . . — Ja n . 3,352 6,037 23,390 4,841 S ioux City & Nor. — Mar. 17,506 72,310 23,719 17,412 J a n . 1 to M ar. 3 1 .... 62,220 10,512 90,989 1,194 South C ar. & G a— ITMay 77,886 S o u th e rn P acific— 97,935 371,741 G a l.H .& S .A n t.b ..A p r. 352,238 87,904 284,636 390,933 Ja n . 1 to Apr. 3 0 .. 1,289,194 1,199,203 84,880 20,590 36,724 L o u isian a West.bIT May 67,455 477,010 171,936 220,023 J a n . 1 to May 3 1 .. 391,368 430.160 73,147 73,402 M’gan ’s La.& T . b.1T May 463,556 339,869 416,043 J a n . 1 to M ay 3 l . . 2,234,556 2,196,850 4,809 4,750 20.571 N .Y .T ex. & M ..b.IT M ay 17,816 92,016 20,489 J a n . 1 to M ay 3 1 .. 89,836 21,337 41,142 149,262 74,200 T ex as & N. 0 .b ....A p r . 117,626 636,390 210,346 300,789 J a n . 1 to A pr. 3 0 .. 521,703 242,494 A tlan tio sys.bll..IT.M ay 1,021,426 1,045,433 242,705 J a n . 1 to May 3 1 .. 5,039,828 5,460,098 1,182,961 1,487,920 851,292 1,203,081 Paciflo sy stem , h.IT.May 2,603,470 3,112,519 J a n . 1 to M ay 31.-12,266,778 13,687,698 4,104,683 4,653,499 T o ta l o i a ll.b ....M a y 3,624,896 4,157,951 1,093,786 1,445,784 J a n . 1 to May 31.-17,306,606 19,147,795 5,287,644 6,141,417 245,032 336,315 So. P ac. of C al__ ITMay 738,672 908,570 J a n . 1 to M ay 3 1 .. 3,849,774 4,213,981 1,455,219 1,596,246 164,727 43,089 59.298 S o .P ac. of A rir,!>.,TMay 163,410 296,444 891,224 312,115 J a n 1 to M ay 3 1 .. 851,472 77,472 def.5,628 26.614 So P a c . of N. M .blfM ay 75,061 81,572 180,997 426,999 J a n . 1 to May 3 1 .. 384,674 31,128 91,134 30,161 S ta te n I. R ap. Tr.bH .M ay 89,282 339,404 70,654 57,184 Ja n . 1 to M ay 3 1 .... 334,790 296,930 937,309 288,777 J u ly 1 to May 3 1 .... 903,546 120 2,762 def. 1,295 S tonv Cl. & C. M .. b IF.May 2,330 9,036 de*.499 def.5,340 j a n . 1 to May 3 1 .... 7,895 17,185 53,943 22,575 J u ly 1 to M ay 3 1 — 40,677 110,561 d ef.12,163 6,125 8um m it B ran ch . ..ITJune 82,938 652,300 2,174 95,989 J a n . 1 to J u n e 3 0 ---462,286 96.408 def. 11,567 8,210 L ykens V a lle y ... ITJu n e 71,773 553.240 def.3,182 67,613 J a n . 1 to J u n e 3 0 .. 409,610 206,969 def.23,730 14,335 T o ta l bo th Co’s..U J u n e 154,711 163,602 Ja n . 1 to J u n e 3 0 .. 871,896 1,205,540 def. 1,0 08 ............. 21,900 T enn. Coal I. & RR.ITMay ............. ........... 254,700 J a n . 1 to M ay 3 1 . . . . ........ ............. ............. 183,500 Feb. 1 to M ay 3 1 . . . ........................................... def.386 1,225 T ex. Sab.V. & N .W ....M ay 3,187 3,898 7,383 Ja n . 1 to M ay 3 1 . . . . 17,931 22,079 def.2,267 6,422 def.20,957 T ol. A. A .& N o . M ...M ay 75,426 80,222 119,763 def.15,349 J a n . 1 to May 3 1 . . . . 416,072 428,697 38,543 3,270 Toledo & 0 . C e n t.b ll. May 75,078 142,700 179,947 277,065 J a n . 1 to May 3 1 ___ 563,186 821,330 534,496 685,198 J u ly 1 to M ay 3 1 .... 1,541,856 1,949,401 5,655 20,168 ro l.P eo ria& W est.b flJu n e 60,699 80,608 61,714 101,561 J a n . 1 to J u n e 3 0 .... 400,339 461,068 245,224 183,900 J u ly 1 to J u n e 3 0 .... 914,732 985,634 3,663 9,893 U lste r & D elaw ’e..IT.M ay 31,698 36,851 37,782 27,627 Ja n . 1 to May 3 1 .... 136,503 140,359 132,699 130,047 Ju ly 1 to May 3 1 . . . . 389,660 393,382 U n ion Pacific— 525,048 239,552 U nion P ac. Ry..b1T M ay 1,188,715 1,510,993 Ja n . 1 to M ay 3 1 __ 5,377,513 6,975,703 1,382,784 2,420,467 253,791 93,705 Oreg.S.L.&U.N.b1T.May 423,456 648,202 562,929 914,487 Ja n . 1 to M ay 3 1 .... 1,964,293 2,589,370 73,456 O re. R y.& N .C o.bfl.M ay 246,070 343,567 def.1,055 257,291 Ja n . 1 to M ay 31 . . . 1,130,414 1,517,549 def.70,075 61,018 Un.P.D.&Gulf.b..1TM ay 236,614 356,672 53,799 313,808 J a n . 1 to M ay 3 1 .... 1,107,258 1,663,373 218,298 36,037 Ft.W orth&D.C.b..1TM ay 89,671 143,290 7,447 143,452 J a n . 1 to May 3 1 .... 439,610 640,692 49,992 19,600 Bt.Jos.& Gd. I s l.M M a y 70,681 83,954 4,529 146,157 J a n . 1 to M ay 3 1 .... 356.438 433,991 96.337 K an . C. & Om ...bTTM ay 10.213 12,093 [def.3,276 def. 1,063 19,996 J a n . 1 to M ay 3 1 . . . . 51,103 76,797 1.137 11,579 C ent. B ra n c h ...b .n M a y 38,11« 39,431 12,240 77,103 Ja n . 1 to M ay 3 1 .... 184,335 215,567 72,833 [V O L . L 1 X , -Gross E arnings.— Net E arnings.----» Roads. 1894. 1893. 1894. 1893. U nion Pacific (Con.)— $ $ $ A tch. C. & Pac. ) KrTiiTav 35,210 41,053 def. 421 def. 13,912 A t.Jew .C . & W. f D 1May Ja n . 1 to May 3 1 .... 166,156 247,603 21,161 20,419 M ontana Union. bIT May 34,804 101,833 5,192 3 5 ,4 7 a J a n . 1 to M ay 3 1 ___ 150,788 15,114 323,077 73,561 Man. Alma & B .. b. ITMay 3,998 5,085 def.2,177 d ef.3 ,1 0 9 18,490 J a n . 1 to M ay 3 1 .... 18,269 def.3,132 def.6,213 G rand T o ta l...M tM a y 2,533,221 3,454,118 373,315 961,260 Ja n . 1 to M ay 3 1 ....1 1 ,7 7 9 ,9 8 8 15,843,516 2,301,192 4,437,947 W abash.b....................M ay 857,244 1,110,904 239,877 137,228 Ja n . 1 to M ay 3 1 .... 4,505,906 5,322,964 852,670 1,082,400 J u ly 1 to M ay 3 1 ....1 1 ,7 2 2 ,0 0 9 13,009,350 2,517,596 3,111,216 W aco & N orthw ’n..IT.May 11,623 15,824 5,192 2,217 J a n . 1 to May 3 1 .... 67,227 81,981 27,579 16,948 121,750 W est Je rs e y & Brs.1T. May 147,257 36,325 50,844 J a n . 1 to M ay 3 1 .... 533,105 604,038 111,426 116,087 100,937 W estern M ary lan d ...M ay 101,642 35,850 35,777 450,571 Ja n . 1 to May 3 1 ___ 425,997 121.971 121,667 636,035 Oct. 1 to M ay 3 1 .... 736,982 213,945 192,768 39,447 W est’n o f Alabam a.HM ay 33,436 10,305 3,439 205,854 J a n . 1 to May 3 1 .... 195,727 37,651 16,060 Ju ly 1 to May 3 1 .... 474,054 113,512 466,219 143,278 West.N. Y .& Penn. blT.May 182,566 320,442 20,922 104,759 J a n . 1 to M ay 3 1 .... 1,035,418 1,480,006 286,365 432,309 J u ly 1 to M ay 3 1 .... 2,780,927 3,398,145 754,472 1,107,79532,484 W est Va. & P i t t s ___Apr. 34,976 18,9 3 0 19,934 Ja n . 1 to A pr. 3 0 .... 113,425 116,950 16,807 53,447 W est V a. Cent. & P. ..M ay 56,717 105,606 37,580 16,176 Ja n . 1 to May 3 1 ___ 372,560 455,421 131,274 148,019 J u ly 1 to May 3 1 .... 916,073 1,007,111 326,112 336,755 W hitebreast F u el Co.M ay 11,984 1,173 J a n . 1 to May 3 1 ___ 36,311 76,051 J u ly 1 to May 31 ___ 121,942 119,097 W rightsv. & Tenn..IT.May 4.836 91 5,022 d e f 106 Ja n . 1 to May 3 1 ___ 31,653 11,095 1,279 30,042 J u ly 1 to M ay 3 1 ___ 71,352 22,26L 20,357 67,408 a N et earn in g s h e re given a re a f te r d educting ta x e s, b N et earn in g s h e re given a re before d ed u ctin g ta x e s , c N et earn in g s h ere given are a fte r deducting ta x e s on p ro p erty , d C onsolidated lin e ; includes Ohio & M ississippi, e In clu d es M ilw aukee & N orthern fo r all th e period in b o th years, f A fter d educting o th e r ex p en d itu res fo r rep airs, rep lacem en ts an d general expenses, n e t incom e applicable to in te re st on bonds in M ay w as $34,950, a g a in s t $90,039 la s t y ear, a n d fo r five m o n th s to M ay 31 $376,823, a g ain st $159,472 la s t year. M exican dollars a re tre a te d as eq u iv alen t to 80 cen ts U n ited Stages m oney, a n d a ll d ep re ciation beyond 20 p e r c e n t is charged in th e abo re item s. A dding earn in g s received from F ed eral go v ern m en t to ta l n e t availab le fo r in te re st fo r five m onths in M exican currency on th e 80 cen ts basis w as .$454,491, ag ain st $359,472 la s t year. i In clu d in g o th e r incom e, n e t from j a n . 1 io Ju n e 30 w as $218,461* a g a in st $143,763, an d fo r tw elve m o nths to J u n e 30 $589,953, a g a in s t $484,771. j Does n o t include G rand R apids & In d ia n a an d V andalia sy stem s form erly included in th e m onthly sta te m e n ts. I t Includes C u rren t R iver an d K an sas C ity C linton & Springfield! ro ad s * A fter d educting p ro p o rtio n due ro ad s o p erated on a p e rc e n ta g e b a s is .n e t in M ay, 1894, w as $ i2 6 ,716, a g a in st $610,384 in 1893; fo r five m onths from Ja n u a ry 1 to M ay 31, $1,345,943 in 1894, a g a in s t $2.667,076 in 1893, an d fo r eig h t m o n th s from O ctober 1 to M ay 31, $3,039,149, a g a in st $4.678,792. i Includes only one-half of lin es in w hich U nion P acific h a s a p a r t in te re st. F ig u res are given exclusive of re su lts on L eav en w o rth Topeka & S outhw estern. || In clu d in g incom e from ferries, &c. * II A p a ra g ra p h m ark ad d ed a f te r th e n am e of a road in d ic a te s t h a t th e figures fo r th a t ro ad fo r th e period given h av e n o t p rev io u sly been p u b lish ed by us. interest Charges and Surplus.— T h e f o l l o w i n g r o a d s , in a d d itio n to th e ir g ro s s a n d n e t e a r n in g s g iv e n in th e fo r e g o in g , a ls o r e p o r t c h a r g e s f o r i n t e r e s t , & c ., w i t h t h e s u r p l u s o r deficit a b o v e o r b e lo w th o s e c h a r g e s . i—Inter’t, rentals, <£c.~\ r - Bat. o f Net E a rn s.—.. 1894! 1894. 1893. 1893. Roads. $ $ $ $ 9.133 4,755 d ef.1 ,0 8 2 Cam den & A t l ___ITMay 11,779 55,339 J a n . 1 to M ay 3 1 ___ 49,863 def. 2 3,688 def.65,716 822,880 def. 19,480 286,504 800,000 C hic.B url. & Q uincy..M ay 505,272 636,398 J a n . 1 to M ay 3 1 ___ 4,000,003 4,1 L4,404 8,702: 32,758 32,698 def.10,563 Ohio. & W est M ich....M ay 163,791 Ja n . 1 to May 31 ---163,233 def.96,739 def.29,203 52,055 84,285238,124 224,315 01ev.Cin.Chic.& S hL .M ay 503,983 910,477 J u ly 1 to May 3 1 ---- 2,516,187 2,426,343 36,802 36,802 def.35,078 def.20.236 P eo ria & E a ste rn ... Apr. 363,017 df.179,852 df. 1 0 3 ,3 5 a 368,017 J u ly 1 to Apr. 3 0 ---78,246 199,656 224,573 27,130 D en v er & Rio G r’de..M ay 126,852 1,306,2 $ a J u ly 1 to M ay 3 1 .... 2,219,792 2,413,275 29,860 26,241 def. 13,735 def.8 ,2 8 0 D et. L ans. & N o r.....M a y 131,362 df. 102,128 d ef.4 7 ,6 1 2 149,606 J a n . 1 to M ay 3 1 — 11,084 51,076 48,537 def.14,823 F lin t & P e re M arq ...M ay 37,608 253,012 250,322 13,861 J a n . 1 to May 3 1 .... 113 2,940 10,356 6,640 K a n a w h a & Mich..IT.May 110,852 3,028 def.43,304 110.198 K an . C. F t.S . & M ...M ay 242,374 79,691 J u ly 1 to M ay 3 1 .... 1,253,544 1,232,290 39,108 def.37,789 def.53,074 39,969 K an . C. Mem. & B ir..M a y 421,569 df. 261,545 df.23S,277 436,938 J u ly 1 to M ay 3 1 ___ 61,841 35,303 56,452 53,666 L ak e E rie &West’n.1TMay 340,262 230,378 268,111 279,599 J a n . 1 to M ay 3 1 .... 2 0 ,6 9 a 6,047 122,001 123,316 N ashv.C hat.& S t.L .l[June 382,362 508.677 J u ly 1 to J u n e 3 0 ___ 1,468.121 1,483,698 3,557 def. 1,520 def.1,352 3,557 Sag. V alley & St. L ..A p r. 14,227 def. 6,8 74 def.5,793 14,227 J a n . 1 to A pr. 3 0 .... 15,194 9,788 17,450 17,342 S an F ran.& N o.Pae...M ay 73,91541,792 190,764 191,988 J u ly 1 to May 3 1 .... def.37,800 59,700 T enn.C oal I. & RR..ITMay def. 55,300 238,800 F eb. 1 to M ay 3 1 — 33,203. 18,327 17,636 17,998 W est Je rs e y & Brs.1T May 24,882 23,434 87,943 91,205 J a n . 1 to M ay 3 1 ---U A p a ra g ra p h m a rk added to th e n am e of a ro a d in d icates t h a t th e figures fo r th a t ro a d fo r th e p eriod g iven h av e n o t p reviously b een p u b lish ed hy us. w8VU" „ ,, .1 n ' in clu d es C u rren t R iv er and K an. C..Clin. & Springfield. J uly 115 THE CHRONICLE, 21, 1894.] ANNUAL REPORTS. GENERAL INVESTMENT NEWS. Southern Cotton Oil Company. ( For the year ending April 30, 1894. J The report of Mr. Henry C. Butcher, President of this com pany, states that all of the mills have been in operation during the past season/ The seed has been of good quality and the product satisfactory. In Arkansas, Tennessee, the Mississippi Valley, and Texas, particularly the latter State, conditions early in the season pointed to a short crop of cotton, and this prevailed until November. Consequently, there was sharp competition for seed and very high prices were paid until De cember. The exceptional weather for picking cotton through out the cotton belt made a good average crop of what would otherwise have been a short one, and what at one time looked like a fair season’s business has proved most unsatisfactory. He remarks that “ one of the greatest abuses in the seed buying business has been the system of advances to planters. Your company has decided to discontinue this practice en tirely, and we think this will be made the rule by all the im portant companies. It is gratifying to note that notwith standing the commercial depression that has existed during the past season there has been an enlarged consumption of oil. When we closed our books on the 30th of April, 1898, we had a large stock of manufactured products on had, princi pally oil, and, while we have made some fifteen thousand barrels more than last year, our stock to-day is about onetenth of that at same date last season. Our experience with the merchandise carried over last year was very unfortunate. Owing to the financial panic it was almost impossible to sell anything, and it was with great difficulty we disposed of our stock, even at a material loss. This loss represents about the deficit in our earnings of this year, and is of course included in the account. It is believed that never at this season of the year were there such light stocks of oil and products in first hands since the industry has assumed its present magnitude, showing largely increased outlets. Your board has expended during the year some $103,000 for new machinery, better ments and repairs, which has all been charged to expense account, and the property of the company has been constantly kept up to the highest degree of efficiency. The various mills and properties of your company are entirely free and unen cumbered.” Alabama Great Southern.—Cincinnati Extension.-^In regard to the controversy between Baron Erlanger and the American bondholders and the sale of the collateral securing the mortgage, the N. Y. Sun says : “ The Central Trust Com pany, trustee of the five per cent Cincinnati extension mort gage, has given notice that it will sell at public auction on August 22 all of the property embraced in the mortgage. This property consists of 34,000 “ A” first preference shares of the Alabama Great Southern Railway Company, Limited, 78,001 “ B” ordinary shares of the same company, being a majority of the capital stock and 5,001 shares of the stock of the Cincinnati New Orleans & Texas Pacific Railway Com pany. “ This action by the trustee is taken at the request of the American bondholders, between whom and Baron Erlanger, representing about $3,000,000 of bonds, or one-half of the total issue, there has been a controversy since last March. “ The Cincinnati extension 5s control by ownership of stock the Alabama Great Southern and Cincinnati Southern rail roads, which were a part of the East Tennessee Virginia & Georgia system. The terms offered in the Richmond Ter minal plan of reorganization were not accepted by the bondholders and they were excluded from participation in the modified plan. “ A committee was then appointed to look after the interests of the bondholders, partly with the hope that better terms could be made with Drexel Morgan & Co. and the properties retained in the Richmond Terminal system as reorganized. On this committee Baron Erlanger had a representative. Notwithstanding this fact, however, he began to treat with other interests without the knowledge of the members of the committee representing American bondholders, and in March last the latter were surprised by the announcement that Baron Erlanger had sold his bonds to a syndicate interested in tne Cincinnati Hamilton & Dayton Railroad Company. In making this announcement the Baron said that he had stipulated that the syndicate should also take the other bonds. “ Following this transaction came the statement of the scheme of the Cincinnati Hamilton & Dayton people, which was not well received by the American bondholders. It provided for the formation of a new company, with first mortgage and income bonds and common stock, for which the Cincinnati extension 5s were to be exchanged. No further security was put behind the bonds, but the agreement of exchange contained a provision designed to perpetuate the control of the new company by Messrs. H. A. Taylor, H. F. Shoemaker and M. D. Woodford, representing the Cincinnati Hamilton & Dayton, or by such successors as they might name. “A conference was called and the proposition was rejected unanimously by the American bondholders after some of the bondholders had plainly expressed their views of Baron Erlanger’s action. Since then the matter has practically lain dormant, until recently Baron Erlanger made a demand for a proxy on the majority stock of the Alabama Great Southern Railway in order that he might elect six new directors at an extraordinary meeting to be called in London. The American bondholders protested against the giving of such a proxy, lest it should further the Baron’s scheme for turning the property over, contrary to their int erests, to the purchasers of his bonds, and in order to settle the question of control have requested the trustee to sell the securities. The money received from the sale will be divided pro rata among the bondholders, and the control of the Alabama Great Southern and the Cincinnati Southern will pass to the purchaser.” American Sugar.—At Boston Judge Barker imposed a fine of $200 on the American Sugar Refining Company and ap proved of the decree enjoining the company from doing further business in Massachusetts unless they file a statement of financial condition on March 1, as required by the statute. Brooklyn Elevated.—The statement of this company for the quarter and year ending June 30 shows the following : PROFIT AND LOSS ACCOUNT. 1893. Dr. Cr. A p ril 30. B y b alan ce from la s t a c c o u n t................... $262,668 1894. A p ril 30. To loss fo r th e y e a r 1893-94.....................$146,011 “ “ b alan ce to n e x t a c c o u n t....................... 116,657 $262,668 $262,668 Rutland Railroad. ( For the year ending June 30,1894.) The annual report of the Rutland Railroad Company, which is leased to the Central Vermont, for the fiscal year ended June 30, 1894, shows that $33,252 was expended for iron and steel bridges, and the rental has increased to $365,557. Cash transactions were : , RECEIPTS. 1892-93. $ C ash on h a n d in b a n k s ........................ 325,486 B e n t of ra ilro a d ............................. 359,438 B e n t of re a l e s t a t e .................................................... 3,970 Stocks an d b onds s o ld ............................................................. : C ash borrow ed te m p o ra rily ......................... 164,000 P in e S tre et ro a d w a y ...................................................................... In co m e from stocks and b o n d s......................... l* ,5 2 6 In te re s t on ad vances to C e n tral V e rm o n t......... 5,167 I n te r e s t..................... .................. .................... ................................ T o ta l............................................ 876,587 1893-94. 9 102,146 364,422 1,580 25,000 204,246 800 13,545 658 m 712,508 DISBURSEMENTS. 1892-93. $ N otes p ay ab le p a id ....... ....... 289,000 I n t e r e s t . . . . . . . ......... ........... 1,546 A ddison R ailro ad r e n ta l........... ............................... 15,000 D iv id en d s...................................................................... 169,531 Coupons, 4*s p e r ce n t b o n d s ........... .................... 22,500 Coupons, 5 p e r ce n t b o n d s.............................. 74.905 Coupons, 6 p e r ce n t bo n d s......................... 90,243 B e al e s ta te ................................. ....................... ............................... E q u ip m e n t................................................................... 40,302 9,743 E x p e n se s............................................................ C ash on h an d an d in b a n k s ................... ......... . 102,14 6 S to ck s a n d bonds p u rc h a se d .................................. 61,669 T o ta l 1893-94. $ 277,695 2,937 15,000 169,346 23.400 71,937 87,864 10,943 33,252 6,699 13,435 876,587 712,508 1893. Assets— $ C o n stru c tio n ........................................ 7,533,422 E q u ip m e n t ...................................................... 1,927,896 Stocks, bonds, e t c ...................................................... 499,483 B e al e s ta te ............ ............................. .............. . 129,229 C ity of B u rlin g to n ................. .................................... ......... . B e n t of railro ad dne an d u n p a id ......................... 130,413 C ash on h a n d a n d in b a n k s......... ................. 102,146 1894. $ 7,533,422 1,961,148 474,483 134,372 5,000 130,412 13,435 T o tal a ssets.................. L ia b ilitie s — ....1 0 ,3 2 2 ,5 8 9 10,252,273 2,480,600 4,239,100 1,500,000 1,500,000 500,000 72,695 2,258 7,985 19,952 2,480,600 4,239,100 1,468,100 1,491,900 540,000 ........ 2,476 7,927 22,169 Li T o ta l lia b ilitie s....................................................10,322,589 10,252,273 N et ea rn in g s.............. 233,769 In t., ta x e s an d r e n t a l s .. 191,723 B a l a n c e .................. su r.42,046 BALANCE SHhET JULY 1. Common s t o c k ........... ............. P re fe rre d sto ck...................... F irs t mortgage* 6 per cent, 1 9 0 2 ............ Second m o rtg ag e. 5 p e r cen t, 1898..................... C onsolidated m ortgage, 4 ^ p e r cent, 1941....... N o tes p a y a b le ..., .................................................... D ividends u n p a i d ....... ......... ».............................. Coupons du e an d u n p a id ......................................... P ro fit an d lo ss.......................... . ................................ ,—Q uar. end. J u n e 30.—, ,—Y e a r end. Ju n e 30.—. 1893. 1894. 1892-93. 1893-94. $ $ $ $ G ross e a rn in g s................ 506,735 470,161 1,947,131 1,761,176 O perating ex p en ses.. . . . 272,986 265,460 1,091,715 1,080,434 204,701 2u4,141 855,416 744,308 680,742 807,362 s u r .560 sr.111,108 def.126,620 Called Bonds.—The following have been called for pay ment : N o r t h e r n P a c i f i c RR.-----Twenty-four Pend D’Oreille Div ision bonds will be paid on demand. See advertisement in C h r o n i c l e of July 14. Central Jersey Traction—New York & Philadelphia Traction.—Articles of incorporation were filed in the Secre tary of State’s office at Trenton, N. J., on the 13th inst., of the Central New Jersey Traction Co. and New York & Phila delphia Traction companies, with a capital stock of $LO,500,000. This projected system of electric loads is not merely a single trunk line, runaing by the nearest route between New York and Philadelphia, but a net-work of roads taking in and connecting the principal cities, towns and villages in the State. The direct line of the mam stem of the system is to com mence at Paterson. Leaving Paterson, the road will pass through Montclair, Bloomfield, O r a n g e , Maple wood, Wyo- ] 16 THE CHRONICLE. [V o l . L1X. ming, Springfield, Westfield, Millburn, Fanwood and Nether- and Frederic R. Coudert, the remaining Union Pacific re wood, to a connection with the present electric railway ceivers, although requested to do so by the attorneys for the system in the city of Plainfield and thence through Plainfield plaintiffs. He ordered them to continue to operate the Kansas Pacific as a part of the Union Pacific system, but instructed to Dunellen and Bound Brook. Crossing the track of the New Jersey Central Railroad at them to keep the accounts of the road separate from the other Finderne, the road will pass Hillsboro Station on the Lehigh parts of the system, and turn over all surplus earnings to the Yalley Railroad and Western Station on the Philadelphia & Court for the benefit of the stockholders. Reading and through Millstone, Rocky Hill, Kingston, Minneapolis & St. Louis.—In view of the recent decision Princeton, Lawrenceville and Trenton. whereby the road may be foreclosed under the equipment From Trenton the road will pass through Morrisville, Tully- mortgage, the stockholders’ committee have been perfecting town, Bristol, Cornwells, Torresdale, Tacony, Holmesburg a plan which it is expected will shortly be announced. and Frankford, connecting at the latter point with the exist The plan, it is reported, provides for a $10,000,000 consoli ing lines into the heart of Philadelphia. It will also connect dated mortgage and $2,500,000 of first preferred stock. The at Trenton wth a line to be built on the east side of the Dela latter is to be used in part for a proposed assessment. A por ware to Camden. tion of the $10,000,000 bonds will be kept in the treasury to Branches of the line will run from Bound Brook to New retire certain underlying bonds at maturity. The fixed Brunswick, Somerville and Raritan ; from Bloomfield to charges of the road under the reorganization, it is asserted, Caldwell and Irvington and to. Morristown via. Chatham and will be less than they have been in the past. This is due Madison. largely to the fact that the equipment bonds carried 6 per At Irvington connections will be made with the existing cent interest whereas the new bonds will carry but 5 per line of the Consolidated Traction Company, making a direct cent. route to Newark and Jersey City. New York & East River Gas.—The formal opening of the From Westfield the road will be built to Rahway, connect great tunnel of the New York & East River Gas Company from ing there with the electric railway to Perth Amboy. Seventy-first Street, New York City, to Ravens wood, Another branch will be built from the present system in East Island City, upon which work was begun in May, 1892, Rahway to Elizabeth, connecting there with the Consoli Long place this week. dated Company’s system; also a branch from Bound Brook took The work has been pushed forward night and day, and on to the city of New Brunswick, connecting there with the Wednesday night, the 11th inst., at a point 1,700 feet from present street passenger railway. Seventy-first Street and 800 feet from Ravenswood shaft the The entire system will comprise about 150 miles of electric two gangs of men found themselves face to face. railway to be built, operated and managed by two corpora The plans had been so accurately drawn and adhered to it tions, the Central Jersey Traction Company, with a capital of was that the two ends of the tunnel had nearly exactly $500,000, and headquarters at No. 2 Wall Street, New York, met found and that the variation was but half an inch. and the New York & Philadelphia Traction Company, with a The location of the tunnel is a straight line a little north of capital of $10,000,000, and general offices at Trenton, N. J. from the Ravenswood works, between Hunter’s Point The officers and directors of the first named company are: west Astoria, to the foot of East Seventy-first Street. It passes President, Hon. Frank A. Magowan of Trenton; Vice-Presi and Blackwell’s Island, the west and the east channel of dent, ex-Sheriff E. W. Hine of Newark; Secretary, J. H. under East River. It is 2.541 feet long, 10 feet wide and 8% Baldwin of Newark; Treasurer, James H. Darrah, of Tren the high in the centre of the arch. ton; directors, D. N. Boyne of New York; W. H. Swirm of feet The tunnel is 135 feet below the surface and 216,000 cubic Trenton, Joseph H. Reall of Bloomfield, and J. C. McNaUgh- feet of solid matter were taken out of it. ton of Philadelphia. Mr. Magowan is also President of the Three immense gas mains, one forty-eight inches in diame New York & Philadelphia Traction Company. ter and the other two thirty-six inches each, from the genera Choctaw Coal Railway.—Hon. C. B. Stuart, United States tors at Ravenswood, will be run through the tunnel to feed Judge for the Indian Territory, gave an order on the 17th the service pipes of the East River Gas Company in New inst. to sell the Choctaw Coal Railway on September 8 next. York. The capitalization of the company is $2,000,000 of pref. stock, The press report says that if the owners fail to pay all re ceiver’s certificates outstanding, about $800,000, the stock and $5,000,000 common stock and $3,500,000 first mortgage 5 per bondholders have agreed to pay off this indebtedness, take cent 50-year bonds. Emerson McMillin is the President, the road out of the hands of the receiver, and reorganize and Emanuel Lehman and Richard N. Young, Vice Presidents. complete the road to Oklahoma City on or before January 1 Directors: August Belmont, Charles F. Cutler, Frederic Crom next. well, Robert Goelet, Harry B. Hollins and R. T. WilsoD. , New York Stock Exchange—New Securities Listed.— Evansville & Richmond—Evansville & Terre Haute.— In the suit brought by a stockholder of the Evansville & Terre The following have been listed: Haute Railroad Company to enjoin the company from paying C h ic a g o B u r l in g t o n & Q u in c y .—$1,000,000 consolidated m o rt interest on the bonds of the Evansville & Richmond Railroad gage 7 p e r ce n t bonds of 189rf, m ak in g to ta l listed $26,677,000. C e n t r a l W a s h in g t o n R a il r o a d .—T ru st com pany certificates of Company, which it had guaranteed, the Court of Indiana has dep o sit of first m ortgage bonds. decided that as the Evansville & Terre Haute Railroad Com W b s t e r n U n io n T e l e g k a p h Co m p a n y .—$550,000 stock, m aking pany received the proceeds of the bonds which were sold by to ta l listed $95,370,000. State o p T e n n e sse e .—$469,000 red em p tio n 4 p e r ce n t bonds of it with its guaranty, it cannot now repudiate its obligations. 1907, red em p tio n 4t$ p e r c e n t bonds of 1913, $600,000 In the course of the opinion, the Court used the following p e n ite$1,000,000 n tia ry 4^2 p e r ee n t bonds of 1913. language: “The bondholders have executed the contract, Northern Pacific.—The second mortgage bondholders’ paid their money, of which the plaintiff had the benefit, and committee of the Northern Pacific Railroad Company, of he cannot invoke the aid of a court of equity to assist him to which Mr. Johnston Livingston is chairman, has issued a cir defraud them out of their money.” Under this decision the cular to the holders of these bonds in which the following Evansville & Terre Haute Company must pay the interest points are made :— in default since March 1 upon the Evansville & Richmond The second mortgage was originally for $20,000,000, but bonds under its guaranty. was reduced to $19,216,000 by the operation of the sinking Jarvis-Conklin Mortgage T rust Co.—The securities fund executed on Nov. 20, 1883. The liens prior to above pledged by the Jarvis-Conklin Mort. Trust Co. to the Mercan mortgage aggregated $45,752,000. The earnings of the com tile Trust Company as trustee have been sold to the reorgan pany for many years, and until the present depression in busi ization committee of the Jarvis-Conklin Company, of which ness, have been more than sufficient for the payment of the Mr. Henry W. Cannon is Chairman. The total amount of the interest and sinking fund charges of the first and second mort principal of the mortgage is #1,280,176, and the total amount gage bonds. of debentures outstanding is $1,230,800. The purchase price The net earnings for the years ending June 30 were as fol was 40 per cent of the principal of the*mortgage, or $492,070. lows :—1888, $7,127,980; 1889, $8,053,849; 1890, $10,487,928; The reorganization committee have deposited under their 1891, $11,343,682; 1892, $11,748,312 ; 1893, $11,152,723. De plan 99 per cent of the debenture bonds. ducting from the above figures rentals of leased lines, etc., Kansas Pacific.—At Topeka, Kansas, July 16, foreclosure (including in later years the loss in operating the Wisconsin proceedings were begun in the United States Circuit Court Central lines and the Chicago Terminal.) the net income of against the Union Pacific Railroad Company by Russell Sage the company was as follows :—1888, $5,464,549 ; 1889, $5,833.and George J. Gould, trustees of the bondholders of the Kan 848 ; 1890, $7,730,900 ; 1891, $8,579,505 ; 1892, $8,763,100 ; 1893, sas Pacific Railroad Company, which has for a long time been $7,824,516 Even the receivers, in their petition to the court for receiv a part of the Union Pacific system. The property covered by the bonds is the old Kansas Pacific, extending from Kansas ers’ certificates, estimate the net earnings for the year ending City to Denver and from Denver to Cheyenne. The bonds, June 30, 1894, to be about $3,732,555, which shows that in amounting to $11,724,000, were issued by the Kansas Pacific on spite of the depression in business, floods, etc., the company May 1, 1879. In the complaint it is set forth that the bonds during the twelve months ending June 30, 1894, earned the are in default; that since the property passed under the con interest and sinking fund charges on the first mortgage trol of the Union Pacific Company its revenues, which were bonds, collateral trust notes, receivers’ certificates, rentals, amply sufficient to protect the bondholders, have been divided and, in addition, part of the interest on the second mortgage to defray the losses incurred in the operation of other parts of bonds. From the above figures it is apparent that if the the system, and that the plaintiffs were losers in consequence. earnings had not been diverted the interest on the seconds Judge G. G. Foster was asked to appoint receivers for the Kan would have been paid. “ Unfortunately for the holders of the second mortgage sas Pacific to take charge of the property that the surplus earn ings of the Kansas Pacific proper might be used to pay interest bonds, the Court, upon application of the receivers, and prac and principal on the bonds. Judge Foster appointed S. H, H. tically with the consent of the trustee under the mortgage, Clark, Oliver W. Mink and E. Ellery Anderson, three of the who is as well trustee for all junior mortgages, has authorized receivers of the Union Pacific Railroad Company, as recovers the issuance of about $6,009,000 of receivers’ certificates, of of the Kansas Pacific, but declined to appoint John WJ Doane which $3,000,000 have been issued, to take care of a floating J uly 21, 1894.] THE CHE0N1CLE. debt secured by collaterals, which certificates are a prior lien to the second mortgage. The Court also authorized the pay ment of interest on $12,355,000 of collateral equipment trusts, representing a floating debt and equipment charges junior to the second mortgage bonds, while the interest on the second mortgage bonds remains unpaid. “ The committee deem it imperative that prompt and vigor ous action should be taken to prevent a recurrence of such action. In view of the terms of the consolidated or fourth mortgage, it is apparent that there must arise between the bondholders and the second mortgage bondholders the ques tion as to the rights of property, which should and can be only cared for and protected by separate committees.” —The Northern Pacific Receivers have paid the first instal ment due on the $1,000,000 advanced by the Adams reor ganization committee to pay July interest. The amount of the payment is not stated. Oregon Short Line.—The holders of the first mortgage 6 per cent bonds of the Oregon Short Line Railway Company are uniting to resist the attempt of the receivers of the Union Pacific to get the Federal Court to relieve them from the ob ligations of the contract of Jan. 12,1882, by which the interest on these bonds was guaranteed. The bondholders’ committee consisting of R. C. Martin, John Bigelow, Cyrus J. Lawrence and Bernhard Mainzer, of Hallgarten & Co., of New York, and Gordon Abbott, of the Old Colony Trust Company, of Boston, have issued a circular in which they say: “ A committee of reorganization, acting in the interests of the Union Pacific Railway Co., has appeared in the public prints, asking for a deposit of all bonds of the Union Pacific system, including the Oregon Short Line first mortgage bonds, without disclosing the committee’s plan of reorganization. The holders of the 5 per cent consolidated bonds of the Oregon Short Line & Utah Northern Railway Co., with which the Oregon Short Line Railway Co. was consolidated, have also appointed a committee, and are asking for the deposit of bonds with various depositaries in this country and in Europe, for the purpose, as they say in their published notice, of acting in harmony with the Union Pacific Reorganization Com mittee. “ Holders of the securities of other allied lines are getting together their bonds for self-protection, and we consider it important that you should mass your bonds and stand united in resisting any and all attempts to reduce their interest. You have now to decide whether you will unite for the purpose of maintaining undisturbed your first mortgage bonds, for which many of you have paid a large premium, and which have still many years to run, or whether you will allow your rights to be determined by those whose interests would be served by the modern method of reducing the interest of a first mortgage railroad bond for the benefit of the holders of junior securities.” Sioux City & Northern.—At Sioux City, la., July 11, the Manhattan Trust Company of New York filed in the Federal Court a petition for a decree of sale of the Sioux City & Northern road under its bonds. Trow Directory Company.—The stockholders of this com pany held their annual meeting in Jersey City this week. Mr. S. Y. White presided and Robert W. Smith, President of the company, submitted a report showing that the concern is getting out of the difficulties in which it was involved by the failure of the United States Book Company, which was a debtor of the Trow Company to the extent of $200,000. He said that it had been necessary to pass six quarterly dividends, but the debt of the concern has been reduced $90,000 and the floating liabilities do not exceed $7,500. The date for the annual meeting was changed from the third Tuesday in July to the fourth Tuesday in August, in or der to enable the Treasurer to present a full report for the company’s fiscal year, which ends on July 31. Treasurer Hopkins offered a resolution that Howard J. Forker, Philip Hathaway, Robert W. Gibson, Sidell Tilghmann and S V. White be appointed a committee to investigate the company’s affairs in accordance with the suggestion made in his report. An explanation was made as to how the United States Book Company received such a large line of credit. The Treasurer of the Trow Company prior to 1892 was Edward Lange, and he was also Treasurer of the Book Company. The directors passed a resolution giving the Book Company credit up to $100,000, and Lange, without authority, extended it to $165,000. The Trow Company’s directors then fixed the limit at $165,000, and ordered that no more credit should be given, but Lange permitted the Book Company to pile up its indebtedness until it reached $200,000. It was then that the crash came. The directors of the Trow Company removed Lange. Then the Book Company failed to meet its notes and went into the hands of a receiver. This embarrassed the Trow Company and was the cause of all the trouble. The present directors were re-elected, receiving 13,651 votes. They are Robert W. Smith, William H. Bates, Franklin W. Hopkins, G. P. Morosini, M. R. Lawrence, S. D. Page, E. M. Barnes. Union Pacific.—At St. Paul. July 19, E. Ellery Anderson, O. W, Mink and Frederic R. Coudert, receivers of the Union Pacific, and John M. Thurston of Omaha, counsel for the re ceivers, were in the U. S. Circuit Court, before Judge San born, to present their petition in regard to eight non-paying branches of the Union Pacific system. Mr. Coudert said the trustees for the bondholders on the main line and its branches are interested because they have an interest in the general fund out of which the expenses for the crippled roads are taken. 117 Judge Sanborn ordered that the Denver Leadville & Gun nison road be divorced from the Union Pacific, and that fur ther hearing should be had as to the other roads on November 15, testimony meantime being taken before a master in chan cery except as to the Carbon Cut-off road, which is to be oper ated as a part of the Union Pacific system. The Washington & Idaho road and the Oregon Railway extensions are out of the case on account of the receivers appointed in the Ninth Judicial District. Union Pacific—Union Pacific Denver & Gulf.—Judge Sanborn, of the United States Circuit Court of Nebraska, has rendered a decision on the appeal of the Union Pacific re ceivers from the order made by Judge Hallett in favor of the Union Pacific Denver & Gulf last February. He announces that he will appoint a special master to consider the claims and counter-claims of the Union Pacific and Union Pacific Denver & Gulf. He rescinds the order directing the receivers to operate the Julesburg branch and directs the two com panies to agree upon a fair traffic agreement, and if unable to agree the Court will settle the differences. The claim for in terest accruing on the bonds prior to the appointment of the Union Pacific receivers is decided to have no preference. Nor is the claim admitted that during the 65 days that the Gulf system was operated by the Union Pacific receivers the $200,000 interest accruing on the Gulf bonds for that period should be paid in preference to other claims. The sppcial master, besides adjusting the claims and counter-claims of both com panies, is directed to report ths general balance due from either company to the other company, and what amount should be treated as a preferred claim by the receivers of the Union Pacific Co. Wisconsin Central.—Messrs. Geo. Coppell, William L. Bull and Gerald L. Hoyt, of New York. Rowland Hazard, of Rhode Island, and Edwin H. Abbot, of Boston, have been ap pointed a committee for the reorganization of this company. In a circular to the holders of bonds and stock they say : “ Through efforts made by the owners and the representa tives of the owners of a large amount of the securities of the company, the scheme whicn was proposed in June by the di rectors for the funding of seven coup3ns of the first mortgage bonds has been withdrawn; and, after conferences between officials of the company and security holders, it has been deemed advisable that a thorough readjustment of the com pany’s affairs shall be undertaken. To that end this commit tee has been formed, with power to add to their number, if such addition shall be deemed to the beet interests of all con cerned. Mr. Abbot, who is one of the original trustees of the mortgage, has resigned the presidency and also as a director of the company, in order to cooperate in this work, and the committee will therefore have the full benefit of his advice and assistance. “ To enable the committee to prepare an intelligent plan, it is intended that a railroad expert shall carefully inspect the property in conjunction with the receivers, and report the probable necessities and their cost.. A thorough investigation of the company’s books will also be made by an accountant of standing, who will report to the committee. These mat ters will be entered upon with as little delay as possible, and as soon as the committee shall be possessed of the results of these inquiries, a plan will be formulated and submitted for your consideration. “ One point which is having the committee’s attention is the unifying of the properties now composing the Wisconsin Cen tral lines—so called—if it is found to be possible, instead of continuing the existence of the separate companies of which the system is at present composed. “ Attention is called to the following resolutions which were prepared by the directors in withdrawing their funding propposition : “ Whereas, I t ap p ears t h a t m an y la rg e holders of W isconsin C en tral bonds an d stocks consider th e p re se n t tim e fav o ra b le fb r an a tte m p t to u n ite all th e corporations com posing th e W isconsin C entral line, socalled, b etw een Chicago, M ilw aukee, St. P a u l an d A shland, in to a sin gle corporation, an d th ereb y finally to consolidate on fa ir4te r ms all th e ir different securities in to one co rp o rate issue of bonds an d stocks, a n d desire to m ake th is a tte m p t now ra th e r th a n to p roceed f u rth e r a t th e p re se n t tim e in funding said coupons; and “ Whrreas, A fte r conferences betw een th e v ario u s in te re sts a co m m itte e h as been form ed fo r th e ir g en eral p ro tectio n , w ith a v iew to th e p erm an en t reo rg an izatio n of th ese p ro p erties an d th e sim plifica tion of th e ir financial arra n g em en ts, and i t is believed th a t all p arties in in te re st, as w ell as th e tru ste e s a n d receivers,w ill h e a rtily co-operate w ith th is c o m m itte e ; an d “ Whereas, The proceedings fo r receiv ersh ip w hich w ere b eg u n in th e C ircuit C ourt of th e U nited S tates fo r th e E a s te rn D istrict of W isconsin, on Sept. 2 7 .1 8 9 3 . by Messrs. Jo h n A. S tew art a n d E d w in H. A bbott tru ste e s of th e first m ortgage bonds, a re still p ending, an d can be am ended so as n o t only to c a rry in to effect an y p lan of re o r ganization w hich shall be ad o p ted by said com m ittee, b u t also in ac cordance w ith th e provisions of th e m ortgage, an d su b sta n tia lly w ith o u t an y loss to p re se n t ow ners, to v est title to th e W isconsin C en tral p ro p erties in a new c orporation w hich shall be free d ab so lu tely from all claim s w h atev er grow ing o u t of any an d all leases a n d c o n tra c ts h ereto fo re m ade in re g a rd to Chicago term in a ls: “ Resolved, T h at th e proposition fo r fu nding seven coupons fro m th e first m ortgage bonds, as se t fo rth in th e circu lar of Ju n e 27 last, be fo r th e p re se n t w ith d raw n .” —The Union Discount Co. of London publish in another column their semi-annual statement covering the first six months of the year. The accounts show a gross profit, in cluding the balance brought forward from last year, of $527,438. The paid-up capital is £650,000 and the reserve fund £200,000. The Union Discount Co. have a standing card on the third page in the C h r o n i c l e , in which they keep revised __ , ■md by cable the rates allowed for money. -^ -i__2 THE CHRONICLE. 118 ^ o m m tx c m l [V O L . L 1 X , C O % im z s . T T O N . F riday N i g h t . July 20, 1894. T h e M o v e m e n t o f t h e C r o p , as indicated by our telegramsfrom the South to-night, is given below. For the week ending this evening the total receipts have reached 3,812 bales y F r id a y N ig h t , J u ly 2 0 ,1894. against 5,910 bales last week and 10,119 bales the previous A few of tbe Western railways are still hampered in their week; making the total receipts since the 1st of S ep t.,1893, operations by the action of discontented employes, but in 5,903,498 bales, against 5,040,549 bales for the same period of the main the strikes have been subdued, and on the principal 1892-3, showing an increase since Sept. 1,1893, of 862,949 bales. Total. roads trains are running with ordinary regularity. An in Receipts cU— Tues. Wed. Thurs. F ri. Sat. Mon. creased movement of merchandise followed the restoration of 274 1 1 162 50 60 249" transportation facilities, but the gain was principally in food Velasco, & e___ 249 products and commodities of thoroughly staple character in New O rle a n s.. 1 ,2 8 a 53 200 168 367 179 316 common use. The delay over the tariff bill has served to 24 5 6 5 8 check the development of general business, as operators pre F lo rid a .............. ......... ...... ...... fer confining negotiations over merchandise within the limits S a v a n n a h ......... 725 8 125 107 39 269 177 of imperative necessity until after the question of import B ru n sw ’k,& c. ...... ...... ...... duties has been finally disposed of. Crop reports have 360’ 301 3 41 15 been somewhat variable during the current week. Cotton P t. R oyal, &c. ...... ...... ...... still appears to be doing finely, and “first bales” of new crop X 83 have been received in several localities. Western advices re W ash’to n , &c. ...... ...a.-' port gains in threshing returns of winter wheat over previous 19551 12 27 50 9 46 orfolk.............. calculations. Spring wheat, on conservative estimates, it is N W 32 32 ...... ...... mmmmm est P o in t... thought will run slightly below last year. Corn has been re N ’p o rt N ., &c. . . . . . . ......... ......... ....... . ......... 27 27 ported in a more serious situation until within two days, ...... ...... ...... ....... . ---- ......... New Y o rk ......... when copious rains visited important sections. The root ....... crops are reported somewhat short. 44 T ......... mmmmmm 447 ...... Lard on the spot has been in slow demand and prices have B a ltim o re ......... 188102 1 45 40 declined, closing at 7*22^c. for prime Western, 6%c. for P hiladelph’a &c 3,812 prime City and 7-55c. for refined for the Continent. The T ot’ls th is w eek 1,437 393 317 304 739 622 speculation in lard for future delivery at this market has The following shows the week’s total receipts, the total since been quiet and prices have declined in response to weaker Sept. 1, 1893, and the stock to-night, compared w ith last year.. advices from the West and under increased receipts of swine Stock. 1892-93. 1893-94. at primary points. COMMERCIAL EPITOME. DAILY CLOSING PRICES OP LARD FUTURES. Sat. J u ly ....................................... 7-20 S e p te m b e r ....................... 7-20 Mon. 7-25 7-25 Tues. 7 ‘25 7-25 Wed. 7-20 7-20 Ih u r s . 7-20 7-20 Fri7-20 7-20 Pork has been in slow demand, but prices have held steady at $14@_$14 25 for mess, $18 50@$16 50 for short clear and $15 for family. Cut meats have received very little attention and prices have declined to 7^<§8i^c. for pickled bellies, 12® 10 lbs. average, 6J^@6^c. for pickled shoulders and ll% c. for pickled hams. Beet has been dull at $8®$8 50 for mess, $8(a$10 for packet, $10@$12 for family and $15@$17 for extra India mess. Beef hams have been steady at $21. Tal low has been quiet and a shade weaker, clos ing with sales at 4 5-16c. Lard stearine has been quoted nominally at rt%c. Oleo-stearine has been firm but quiet at 7^c. Cotton-seed oil has been dull but steady at 29c. for prime crude and 88c. for prime yellow. Butter has been firm for choice grades, closing at 13@18c. for creamery. Cheese has been weaker, closing at 7%@9c. for State factory, full cream. Fresh eggs have advanced and the close was firm at 123^@13c. for choice Western. Raw sugars found demand about equal to the offering afloat, and some stock has sold from store, prices holding generally steady. Centrifugal quoted at 3 3-16c. for 96-deg. test and muscovado at 2%c. for 89 deg. test. Refined sugars less active and prices unchanged; granulated quoted at 4%c. Teas rather slow. Coffee of standard quality very scarce but average grades more plentifully offered and value has weakened. Rio quoted at 16^£c. for No. 7, good Cucuta 20J^@20J-£c. and interior Padang 23@23^c. Contracts for future delivery have de clined in price under influence of increasing receipts at primal markets and greater pressure of parcels to arrive. At the close the tone is about steady. Following were final asking prices. J u l y . . . . . . . . . . . . l 5 ‘25c. Oct................13'55o. J a n .......................12’90c. A u g . . . . . . . . . . . . 14*65e. N ov............ .....1 3 * 1 5 o . F e b .! .................. 1 2 ,8i>e. JBept.............. .1 4 ‘05o. Deo................ 13’OOc. M a r c h ................ 12’70c. Kentucky tobacco has sold slowly, but prices have been firmly maintained. Sales 150 hogsheads, principally to ex porters. Seed leaf tobacco has been quiet but steady. Sales for the week were 950 cases, as follows: 350 cases 1892 crop, Wisconsin Havana, 9@llc.; 100 cases 1892 cron, New Eng land Havana, 20® 50c.; 50 cases 1892 crop, New England seed leaf, 24® 26c.; 150 cases 1892 crop, Pennsylvania Havana, ll%@123^c.; 100 cases 1892 crop, Pennsylvania seed leaf, 7® 9c.; 100 cases 1892 crop, Zimmers Spanish, 12@14c., and 100 cases 1892 crop, State Havana, 10@llc.; also 700 bales Ha vana, 60c.@$l 10, and 800 bales Sumatra, $2 50@4% 60. There has been very little interest shown in the speculative market for Straits tin and prices have declined in response to weaker foreign advices, closing easy at 18*90c. Ingot copper was higher early in the week, but later the improvement was lost and the close was dull at 9‘10c. for Lake. Lead has declined and the close was quiet at 3*40c. for domestic. Spelter has been firm but quiet at 3 50c, for domestic. Pig iron has been quiet and without change at $9 75@$13 for domestic. Refined petroleum has been quiet at 5’15c. in bbls., 2’65c. in bulk and 6‘25c. in cases; crude in bbls. is unchanged, Washington closing at 6c. in bbls. and 3*50c. in b u lk ; naphtha 5%c. Crude certificates have been dull. Spirits turpentine has been quiet and prices have declined to 29@29^c. Rosin has also declined, closing at $1 27J£@$1 32% for Common-and good strained. Wool bas been in moderate demand and steady. Hops have been dull and weak. Receipts to J u ly 20. This Since Sep. Week. 1 ,1 8 9 3 . This Since Sep. Week. 1 ,1 8 9 2 . G a lv e s to n ... 274 1,003,505 New O rleans M obile........... N o rfo lk ........ W est P o in t N’p’tN .,& o New Y o rk ... B o s to n ......... B a ltim o re ... Philadel.,& o. 1,283 1,861,506 24 197,968 36,391 725 962,583 98,041 360 338,389 80,788 8 189,552 499 195 489,742 32 239,151 61,539 27 70,529 109,301 61,353 447 67,822 188 906 1,039,065 ñfi 4.92 79 4,879 1,579,035 23 167,939 23,159 1,829 779,698 140,265 212 287,053 427 41 159,781 T o ta ls ....... 3,812 5,903,498 XTnln n/-. S avannah... C h a rle s to n .. W ilm ington,. 849 42 283 587 694 667 1894. 1893. 7,471 22,252* 45,600 4,505 76,251 5,226- 5,255 710 15,176 16,733 2,300 4,107 15,122; 284,624 194,469 22,238 47,831 119,527 66,698 66,492 7,724 119 9 ,7 5 7 155,308 5,000 10,090 6,283 147,6 2 3 3,400 8,91910,325 040,549 265,541 319,715 In order that comparison may be made with other years, we give below the totals at leading ports for six seasons._______ Receipts at— 1892. 1893. 1894. 1891. 1890. G alves’n,&c. New O rleans M obile......... S a v a n n a h ... Char*ton,&o. Wilm’ton,& o N o rfo lk ....... W. Point,& o. All o th e rs .. 523 1,283 21 725 360 8 195 59 635 985 4,879 23 1,829 212 41 849 325 1,948 447 4,541 106 1,062 95 67 119 77 5,561 325 2,447 139 1,755 519 31 767 986 1,933 30 533 15 1,746 135 21 282 623 258 Tot. th is w k. 3,812 11,091 12,075 8,902 3,551 1889. 81 342 37 801 6 4 17 63 3591 ,7 1 0 Since Sept. 1 5903.498 5040.549l7090.448 6893 516 5790.537 5506 .3 1 6 The exports for the week ending this evening reach a tota 1 of 8,926 bales, of which 3,383 were to Great Britain, 400 to France and 5,143 to the rest of the Continent. Below are the exports for the week and since September t, 1893._______ Exports from — From Sept. 1, L893, o J u ly 20.1894 Week Ending J uly 20. Exporte 1 to — Exported to— Conti Great Conti Total Great lota l. B r it’n. France nent. Week. Britain. France nent. Galveston..,.. Velasco, &c.... New Orleans.. Mobile & Pen. Savannah...... Brunswick...... Charleston*... Wilmington.. West Point.... N’p’t News, &c New York...... Baltimore....... Philadelp’a .... Total............ 1Q99.Q3 ...... 249 ........ ........ 3,090 293 ........ 400 3,383 •y^'7 * Including P o rt Royal. 2,168 38 1,158 1,230 400 5,143 13 0«A* 558,346 98,361 117,217 773,921 35,950 35,950764,295 410,600 431,614 1,606,509 500 1,086 35,16033,574 111,798 32,697 372,203 616,698 38,555 2,600 30,155 71,310 231,737 16,206 153,751 401,694 63,309 99,095 167,404 156,567 350 14,850 171,767 76,497 19,417 95,964 46,721 46,721 6,6581 473,402 18,963 236,735 729,100 2.540 , 230.255 331 227,715 1,458 43,487 6,034 153,819 203,340 13,545 40,081 1,2301 26,536 8,92ö'|2,857,539 686,311 1,682,027 6,125,877 3 3 fid 1 19 OQi 6 7 ^ !1 4 9 0 *>70 ' a 9 7 3 93(5 249 J uly THE CHRONICLE. 21 , 1894.] 119 In addition to above exports, our telegrams to-night also the S ales and P rices of F utures are give us the following amounts of cotton on shipboard, not follow ing comprehensive table. cleared, at the ports named. We add similar figures for H i g < 2- Q hjaoa ogoojjf o g t c o New York, which are prepared for our special use by Messrs, & E 8 S 'B S g 3 1 sg-S-e tftfcEg Lambert & Barrows, Produce Exchange Building. CDO® G C StÏ'S9 S®.Ss 1 SOB-® © ® P« ¡»©©ST 8d5 _P C-® *® <§g i f P OB'* ® ËOB-œ. V OBfijH V, ON SHIPBOARD, NOT CLEARED—FOR •d ©» « o, "»mg’* S8 so S v i £0cf Si £9 eb” s»■-■■^ L eaving M* M '* !*8®£ mM PTE.'-' pipc-i J u ly 20 at— P.E Great Other Coast Slock. ’ Total. B rita in . France. Foreign wise. H. 8 5 • SO■ _ C5 ®® p: P •' CD »5 2,960 125 31 N ew O rle a n s... 417 3,533 ®® 42,067 . None. None. None. None. None. 2,600 1.500 T o ta l 1 8 9 4 ... 7,060 T o tal 1 8 9 3 ... T o ta l 1 8 9 2 ... 22,067 16,464 None. None. N one. None. None. 300 None. None. None. 1,400 None. None. 8.500 2.500 425 12,817 4,240 9,238 3,117 20,741 300 300 None. None. 1,400 None. None. 1.400 None. 1.400 11,400 4,000 7,171 5,055 13,776 4,505 6,324 143,908 20,502 1,931 22,233 243,308 3.234 1,728 38.779 42,050 280.936 449,725 200 200 Th. F ri. 6 «H ie 718 7716 8 S a t. Th. 51518 65s 7 iie 73s 7 ‘5ie F ri. STA IN ED . M on T ues W ed 6M 64t 6i5ie 6 '5 18 73s 7% ie 711 u I8H 1,116 7H 8M 8% S a t. M o n T n e s L ow M iddling............................... M iddling........................................ S tric t M iddling............................ Good M iddling T inged.............. 6H 6 iaie 5% 6 “ l« 62932 718 5 \ 6 l l ie 62932 7^8 5% 6 n ie 629sa 718 6^ 6i&ie 7% 7i He 84* W ed 5% 6 '116 62932 718 6 I4 615ie 738 711-18 814 63,6 678 75l0 758 83|8 Th. F ri. 53t " 5 Ï IÜ 6 I I 16 ß 5« 62932 627.82 71,« 718 MARKET AND SALES. The total sales of cotton on the spot and for future delivery each day during the week are indicated in the following statem ent.. For the convenience of the reader we also add a column which shows at a glance how the market closed on same days. SPOT MARKET CLOSED. S at’d a y . M onday T uesday W ed’day T h u r’d’y F rid a y .. Q u ie t.................. Q u ie t............... Steady ................ Q uiet & ste ad y .. ste a d y ................ Q uiet a t l ie dec. T o ta l. SALES OF SPOT AND CONTRACT. Con- Spec- Con E x p o rt. sum p. u l't'n tract. Total. 302 153 1,550 680 600 1,800 300 550 2< 0 1,300 500 600 3,452 5,033 Sales o f Futures. .... 455 Ï 00 2,330 2,400 400 1,250 1,500 1,100 24,300 42.200 43,400 31.200 31.200 50,900 — 500 9,035 223,200 © . i s8. 05 ''«5 2 a® F ui® pa 03^ S E.S © •” Q«D0 __C # W<=> yi K___ 8. ; r I 1 id :: o>, : OD' % 05 i o; : o», : ob 1 * CO 05C5 > coco © MO*-1"* 19: : a? 1 : CO ' f CO CDCOw CO 00 1 CO CO r 99 5 » 9 % C&Ci % I0505 COOD ® coco ® CÔQÔ 9 tfbWH’'* oco ** 0 CO H I a©: I 9-H i « r00: I «i°ì 1 e ®•J: 05 05 O 05 0505005 050005 0505O 05 05 05 O 05 05 0 5 0 0 5 s o ,cO COCO®eó çqçÔO çq CDÔ^CÔ oooo®6b oocow go rocow I 00 05 COCO CO tOLD M CT«05 ^ M CO M 99 ► tó s o 9 © I oP h ► ^ © ** 0 0 -3 ► 05 05 coco 9 i a*-: 05 05 0 0 5 CD CD So 9 • 05C 05 1 cc ° C ¿ 99 ^CO ► 05 05 CÒCÓ w to i 9P: 05 th OJ 05 05 CÒCÓ CO^I i «5°: > % < I~ J © ó fcatO i © 4 « « % ©o 2 i »® : oovo <1 © © v5Ò 05 *0?*0? ©£ 05 01 1 0 0 % -3-3 ® HO ó ó ® OCO CO -3 a.®: 1 9 P : I ó « : co -3 < 1 0 - 3 -3-3 05 05 > 5 9 O C D * i < J -3 ta to b o to i 9 -3 < l M 05 ^ iH t o '* . • 05 ÓÒ°Ó COCO 00 ceto ** i «f*: i O o < 9 ^ > ¡5 01 > % © ** : ® II °o iwa.w: -3<j ^> - 3 - 3 ¡tfJ K)tò ® tótò *® -3-3 * CO —3 , ** ► 9 -3 0 5 ** i 9.^: <1 tf- io -3 -3 ¡5 OCO * i >*• GOOD H- f-* bbbi © WM ** i 9^*: % b5 to © ® O i ** i « .M : O 05 05 > COCO 9 If-!* . 05 05 coco 05 0 5 0 O) côcc°cô C*<l Ol 9 9 © 9 ia ■ 0 -3 I 0.5 -3 -3 còcó E> ¡J © If^. H=- ** i car1: -3 -3 -3 0 * 3 MCÓ®CÍ : -3 -3 O O O O Ó © 0 © «Oto M -3 0 % ©O ® OOOO ** 1a * -: o © © OOGO ** i a i° : c o to CC CO > cocí © O «- ** i a co: -3 0 -3 -3 -3 i > 5 -3 -3 HH X I a .* 3 : -3 -3 fcOH COCO I d WWw W > - 3 - 3 ¡q doCO © 5 HH oi ai »** i lb-3 -3 0 -3 p-1H © H © 05 W > MM i ar* : tòtÓ 19 i «co: ia I °* 05 I O. > iCOCO 1'? *9 -3 -3 CO CÒ i a I CACO ** -3 0 5 ,'- -3 -3 0 -3 1 Ci® „ 05 a» ó ó ° óCO -3 - 3 cow ia CD I ¡5 O' -3 -3 0 -3 0 -3 lo O* 09 © o °© K) ^ (O 00®0ió 0 tò CO I 91 CDCO°CD <I<J <> oH © 24 O 1 <a.M: -3 -3 0 -3 H ! © ► 9 i « ih : . 7 -1 5 ,9 0 0 t 7 -1 8 - 7 -1 6 G U L F, Good O rd in a ry ............................ L ow M id d lin g ..... ....................... M iddling.......................... ............ G ood M id d lin g ...,.............. M iddling F a ir ............................... M on T ues W ed 6 6 6 6 e n 16 6 H le 6 U le 61116 7i« 7% 7 1« 7716 7"ie 7 716 7716 8 8 8 8 . ^A ver . . 12, 7-00 0 7 -0 1 - S a t. : ñsZ i• 7?i ^ »■ H :• W8P¡ IfS. I C5 w ■ t-< ® COtS-O 6-99 Í00 7*00 UPLANDS. G ood O rd in a ry ............................ L ow M iddling........................... . M iddling...................................... Good M id d lin g ............................ M iddling F a ir ......... ................... «I I oo 1 A v er. . 5/ 6*99» 7 00- On this basis the prices for a few of the grades would be as follows: QD 2 ^ 8 ? ir .Q oS DO.S05-6S, ► . 7 -1 3 ,8 0 0 » 7*15 oft. Good O rd in ary .......... . . . c . Good M iddling T in g e d ... E ven. S tric t M iddling S ta in e d .. 73i off. M iddling S ta in e d ............ i 7, 8 oft S tric t Low Mid. S tain ed .. 23,2 oft. Low M iddling S ta in e d .... 13s ; oft. HO©CÍO 1 F a ir ......................... ......... c. 1% on. M iddling F a i r . ......... ........ 7s on. S tric t Good M iddling....... *2 on. G ood M iddling.................. 5,e on. S tric t Low M iddling......... 3 ia oft. L ow M id d lin g .................... 718 off. S tric t Good O rd in a ry ... . . 1316 off. ® ,5 0 0 Speculation in cotton for future delivery at this market has been moderate and unproductive of positive results. The narrow scope of fluctuation in value was somewhat remark able, and all classes of operators appeared governed by a de sire to abstain from new obligations. The local feeling in re gard to crop prospects is of very hopeful character. Business w ith spinners and exporters has been smaller, and holders of August contracts commence to liquidate in order to evade re ceipt of expected free deliveries for that month. Saturday’s deal was very small and tone weak, with one or two points lost under poor cable accounts and a slight pressure to sell. During Monday prices fluctuated 3@4 points on local influ ences solely, and closed without net gain for either buyer or seller. Tuesday’s market was a trifle firmer and held a gain of 4@5 points in consequence of a manipulative effort by the “ longs” and the covering of a few timid “shorts.” On Wednesday there was a decline of 3@4 points under tame foreign advices and indifferent demand. Yesterday Liver pool continued slack, buying orders were scanty and our m ar ket lost 2@3 points additional. To-day trade continued in a dragging condition and cost was a trifle lower under unin terrupted favorable crop advices and a poor foreign market. Cotton on the spot has been dull, closing l-16c. lower at 7 l-16c. for middling uplands. The total sales for forward delivery for the week are 233,2 00 bales. For immediate delivery the total sales foot up this week 9,035 bales, including 3,452 for export, 5,083 for consumption. — for speculation and 500 on contract. The following are the official quotations for each day of the past week— July 14 to July 20. Rates on and off middling, as established Nov. 23 by the Revision Committee, at which grades other than middling may be delivered on contract: O GOMO Ò ©WO 96-9 |96-9 1 00» 96-9 G alv esto n ......... S a v a n n a h ......... C h a rle s to n ..... M o b ile.............. N o rfo lk ............. N ew Y o rk......... O th e r p o r t- ___ show n by tha- CO ci 05® co co O* II ìa ia II Ia iI ia II Ia i I ia II Ia II Ia II la i I ‘ In c lu d e s sales in S eptem ber, fo r S eptem ber, 1,700; S ep tem b er" Ootober, fo r O ctober, 207,800; Septem ber-N ovem ber fo r Novem ber» 717,900; Septem ber-D ecem ber, fo r D ecem ber, 1.862,400; S ep tem b erJ a n u a ry , fo r J a n u a ry , 7.069,900; S ep tem b er-F eb ru arv , fo r F e b ru a ry , 1 , 486 ,800 ; S eptem ber-M arch, fo r M arch, 6.514,900; Septem ber-A pr'il, fo r A pril, 1,766,200; Septem ber-M ay, fo r May, 5,844,400; S ep tem b er; Ju n e , fo r Ju n e , 2,184,500. Ü F“ For exchanges see page 122. The V isible S upply of Cotton to-night, as made up by cable- and telegraph is as follows. The Continental stocks, as well as those for Great Britain and the afloat are this week’s returns,, and consequently all the European figures are brought down to Thursday evening. But to make the totals the complete» figures for to-night (July 20), we add the item of exports from the United States, including in it the exports of Friday only. THE CHRONICLE. 120 [VOL. LIX. 1894« 1893« 1892« 1891. Quotations for Middling Uotton at Other Markets .— S to ck a t L iv erp o o l............ b a le s . 1,287,000 1,344,0001,524,000 1,045,000 Below we give closing quotations of middling cotton at South S to ck a t L o n d o n ......................... 7,000 6,000 10,000 16,000 ern and other principal cotton markets for each day of the w eek, T o ta l G re a t B rita in sto c k . 1,294,0001,350,000 1,534,000 1,061,000 S to ck a t H am b u rg ..................... 35,000 14,000 6,100 4,700 CLOSING QUOTATIONS FOR MIDDLING COTTON ON— S to ck a t B re m e n ......................... 147,000 135,000 121,000 96,000 S tock a t A m ste rd a m ................ 13,000 16,000 25,000 23,000 J u ly 20. ” S atur, T uet. Wednes. T hurs. F ri. M on. S tock a t R o t t e r d a m ................ 200 200 200 300 13,000 10,000 7,000 9,000 G a lv e sto n ... S to ck a t A n tw e rp ................ 678 678 6 7s 6 78 6 78 6 78 S to ck a t H a v re ............................ 384,000 388,000 420,000 227,000 New O rleans 678 678 6 78 6 78 6 78 6 7a S to ck a t M a rs e ille s................... 7,000 8,000 10,000 8,000 M obile.......... t) ^ 6% 6% 6% 6% 6 \ S tock a t B a rc e lo n a .................... 78,000 110,000 85,000 102,000 S a v a n n a h . .. 678 6 7e 6 78 6 78 6 7a 6 78 17,000 20,000 17,000 10,000 Stock a t G enoa............................ 7 h a rle s to n .. 7 7 7 7 7 S to ck a t T rie s te ......................... 34,000 31,000 48,000 44,000 C 6% 6% 6% W ilm ington. 7 7 7 T o ta l C o n tin en tal stooks.. 728,200 732,200 739,300 524,000 N o rfo lk ...... 7 7 7 7 7 7 7*« 7*8 7*8 7*8 7*8 7*8 T o ta l E u ro p e a n stocks ; . . . 2,022,200 2,082,200 2,273,300 1,585,000 B o s to n ......... 738 73a 73a 738 738 738 I n d ia c o tto n afloat fo r E u ro p e . 75,000 69,000 63,000 68,000 B a ltim o re ... 7** 7*3 7*3 7*3 7*3 A m e r.c o tt’n afloat fo r E u ro p e . 60,000 73,000 48,000 35,000 P hiladelphia 7916 7* s ®316 73le A u g u s ta .... 7*8®3ie 7*8® 316 7*8® 3^6 73i6 E g y p t, Brazil,& c. ,aflt f o r E ’r ’p e 22,000 26,000 20,000 17,000 7 7 7*16 7*16 7*18 Stook in U n ited S ta te s p o r ts .. 265,541 319,715 491,775 247,231 M e m p h is.... 7*16 7*16 7*16 7*16 7*ie 7*16 7*16 S tock in U. S. in te rio r to w n s .. 73,105 110,269 159,289 71,763 St. L o u is .... 67g 6 78 6 78 b 78 6 78 6 78 U n ited S ta te s e x p o rts to -d ay . 2,033 893 5,783 3,267 H o u s to n .... 7% 731 7% 7% 7% 7% C in c in n a ti.. T o ta l v isib le su p p ly ...........2,519,879 2,681,077 3,061,147 2,027,261 7*3 7*3 7*3 L ouisville... 7*« 7*41 7*3 O f th e above, to talso fm eric an a n d o th e r descrip tio n s a r e as follow s: A m erican— The closing quotations to-day (Friday) at other important L iverp o o l sto c k ............ ...b a le s . 1,083,000 1,088,000 1,295,000 824,000 C o n tin en tal sto c k s................... ... 551,000 598,000 538,000 345,000 Southern markets were as follows. N ew b erry ....................... A m erican afloat fo r E u ro p e ... 60,000 73,000 48,000 35,000 A tla n ta ............. 638 L ittle R o o k .... 6\ U n ite d S ta te s sto c k ................... 265,541 319,715 491,775 247,231 Colum bus, G a. 6 % M ontgom ery... 638®% R a le ig h ............. 7 *8® *4 Selm a............... . 6% U n ite d S tates in te rio r sto c k s.. 73,105 110,269 159,289 71,736 Colum bus, M iss 6*3 N a s h v ille .......... 7 U n ite d S ta te s e x p o rts to -d ay . 2,033 893 5,783 3,267 E u fa u la ......... . ......... 1 N a tc h e z . . . . . . . 6 iiig S h re v e p o rt..... 638 • T o ta l A m erican .........................................2,034,679 2,189,877 2,537,847 1,526,261 R eceipts prom the P lantations . —The following table E a st In d ia n , B ra sil, <&c. — L iv erp o o l s to c k ......................... 204,000 256,000 229,000 221,000 indicates the actual movement each week from the plantations. L ondon s to c k .............................. 7,000 6,000 10,000 16,000 The figures do not include overland receipts nor Southern C o n tin en tal sto ck s..................... 177,200 134,200 201,300 179,000 consumption; they are simply a statement of the weekly India afloat fo r E u ro p e .................................75,000 69.000 63.000 63.000 movement from the plantations of that part of the crop which E g y p t, B razil, &c., aflo at............................. 22,000 26.000 20.000 17.000 finally reaches the market through the outports. T o ta l E a s t In d ia , &o......... . 485,200 ______ 491,200 523,300 501,000 m . T o ta l A m erican................... 2,034,679 2,189,877 2,537,847 1,526,261 Receipts a t the Ports. S t’k a t Interior Towns. Rec’pts from P la n t’ns, Week T o ta l v isib le su p p ly ...........2,519,879 2,681,077 3,061,147 2,027.261 Ending— M iddling U pland, L iv e rp o o l.. 3i516d . 4*sd. 3i616d . 4716d. 1892. 1893. 1891. 1892. 1893. 1891. 1892. 1893. 1891. M iddling U pland, New Y ork.. 7*160. 8*ec. 7*40. 8c. E g y p t Good Brown, L iverpool 6,661 5d. 5516d. 4 7sd . 6*4d. J u n e 15....... 25,191 20,876 18,813 201,922 166,902 99,982 11,552 P eru v . R ough Good, L iverpool 5 l*i6 d . 6716d. 6d. 9d. “ 22 ....... 19,613 23,096 12,069 193,908 150,762 92,317 8,629 6,956 1,434 B ro ach P ine, L iv e rp o o l_____ 4d. 4716d . 3 i5 Ied . 4716d . 5,190 1,569 6,044 135,393 85,585 12,806 182,621 “ 29....... 16,171 19,938 E n n e v e lly Good, L iv e rp - o o l... 3%d. 45led . 3 7gd. 4 *sd . ....... 12,871 16,381 10,119 171,641 125,780 79,386 4,791 6,771 3,920 (HF* The imports into Continental ports the past week have Ju“ly IS6 ....... 16,176 15,762 6,910 165,696 120,166 76,577 7,328 10,118 3,101 been 31,000 bales. 340 891 “ 20 . ■ 12.075 11,091 3,812 159,289 110,269 73,105 5,668 The above figures indicate a decrease, in the cotton in sight The above statement shows: 1.—That the total receipts from to-night of 161,198 bales as compared with the same date of 1893, a decrease of 541,268 bales from the corresponding the plantations since Sept. 1 in 1893 are 5,900,437 bales; in 1892-93 were 5,022,184 bales; in 1891-92 were 7,193,803 bales. date of 1892 and an increase of 492,618 bales over 1891. 2.—That although the receipts at the outports the past week AT the I nterior Towns the m ovem ent—that is the receipts ere 3,812 bales, the actual movement from plantations was for the w eek, and since September 1, the shipments for the 340 bales, the balance being taken from the stocks at w eek and the stocks to-night, and the same item s for the the interior towns. Last year the receipts from the plantations corresponding period of 1892-93—is set out in detail below. for the week were 894 bales and for 1892 they were 5,668 bales. o a s i s ® a s -“ g g tfg iill Overland Movement for the W eek and since Se pt . 1.— We give below a statement showing the overland movement § “ l i s i 1 1 ^ . S a>Ì1 CO8? for the week and since September 1. As the returns reach us by telegraph late Friday night it is impossible to enter so largely into detail as in our regular monthly report, but all H H ?°0 B H the principal matters of interest are given. This weekly u aS 0 Dh S sP 5 publication is of course supplementary to the more extended m B g I • an O■ monthly statements. The results for the week ending July 20 and since Sept. 1 in the last two years are as follows: 1893-94. S i-a -J; h io ; ■ Hit», m ■ to; Htotoj J W M COto! M<JQC. 0503GO IP-lp>to tow. Week. wi^iii.MooMtoib.tohotoi^-weocototo 05 W ^ © GO M 05 O -1 to ÌO W < t §9 wososootooocooscooscot-1 MS m o m to w w to o w V i w w to culaio co colo co co » al-* a lo w lo lo »"fc. - . cs H (0m t5O O '’O®<l(Kt0r'OO®Mt0tBt0OHffilfrOt5O®ffllM!5 ©ft -i»-‘ili'^otocoatotocooootOM ©<toci-‘wccwcoooif>.0'a<»wòe cr; Cr; • to** CO» M1 H ■ <1 ! h J cdcr©! CO fcOCR: DO1! tOCR <!• CRCiM. » CRICCO* fcO©CR©« , M CD• CDCD. HO • col . eo ©H\fcO MHHtO t— >i— > frboeoM; w © <tV©ooMtowoo#kiul-, cscoto'cow©to'f-‘ ©w toww<tMWr-i(i.wt-cocRcoco<iif-to©u)wa<iiis.w w i-*coif»-coaco< ^ to© i-a© © co© © © -icoa-iif».ccto © if-© (»<»© & tg t <1^-1 to COCO M^.tO©©tO<IWl-‘©©l-‘©©l^.|-‘Mit.O t-1»' co © © it»-wlol-* colo we» 05wl® c o l o l » l o co to w a lo col-1© '*>*Cb wiuoww-jaa^ii^oaii-M oeoatoai& cow coif^-stw cD M W floa CDÄ 0500©05 e p<t® aow to aw -a»3ioao aa© a© © i£-aM © itM o © w co-iw © -a <1 Ito-', H t3 < l C O O H i ^ ! S3 »§ is gtsS ^«0 S © to M" cocoHi-* a wtoMtotoaif-^-l ckip-o o H a w o a - i : <i if-co© a © if-© it-ip- m co w oo to. MtO ©COCRMl CÌ WbO MbO M M M JOlCfcO CO bOJiO co o co*ohcdcntocoCi'b»'w'ocrV oooos o 0 } 0 0 O © a 0 © 0 5 > -* # * C 0 H C 0 © a0 M ^ H » K > C D COWCfc^WO« CO^O tO* C R© © ©CD>^©OOCRtOl^QO ©<lCRCR©CO<l * L ouisville figures “ n e t ” in b o th y ears, t T h is y e a r’s figures estim ated . 1 L a s t y e a r’s figures are fo r S herm an, T exas § A c tu a l count. 1* « Shippea— l V ia St. L o u ie.................................. V ia C airo......................................... 3 V ia L ouisville................................ s? V ia C in cin n ati............................... §S V ia o th e r ro u te s , & c.................... § i-gS S ii © T o ta l g ro ss o v e r la n d ............ M Deduct shipm ents— 00 O v erlan d to N. Y ., B o sto n , & c.. B etw een In te rio r t o w n s ............. sI n la n d , <feo.,from S o u th . . . . . . . . .52 . C » S' T o ta l to b e d e d u c te d ................ ©cci^eok0i-‘ to©toi-*o5ooweototoi-‘ 05 w w w aoo?»ococo w © io ©I J u ly 20. » ft1 3,370 1,094 291 1,303 319 Since Sept. 1. 609,210 232,365 13,756 7,369 130,772 107,463 129,267 6,377 1,230,202 1892-93. Week. 4,149 1,008 50 1,457 1,023 471 Sines Sept. 1. 476,392 203,721 138,802 14,069 130,142 108,847 163,791 8,158 1,235,764 635 4 203 300,005 21,890 102,855 1,948 116 1,047 300,548 24,449 73,508 842 424,750 3,111 398,505 5,535 805,452 L e av in g t o t a l n e t o v e rlan d * .. * In c lu d in g m o v em en t by r a i l to C an ad a. 5,047 837,259 The foregoing shows that the week’s net overland movement this year has been 5,535 bales, against 5,047 bales for the week in 1893, and that for the season to date the aggregate net overland exhibits a decrease from a year ago of 31,80? bales. 1893-94. I n S ig h t a n d S p in n ers' T akings. Week. Since Sept. 1. 1892-93. Week. Sine* Sept. 1. R eceipts a t p o rts to Ju ly 2 0 ......... N et o v erlan d to J u ly 2 0 ................ S o u th ern co n su m p tio n to J u ly 20 3,812 5,903,498 11,091 5,040,549 5,047 837,259 5,535 $05,452 8,000 632,000 8,000 653,000 T o ta l m a r k e te d .................... In te rio r sto o k s in ex c e s s............... 17,347 7,361.950 24,138 6,509,808 118,365 13,061 *10,197 *3,472 Cam e In to s ig h t d u rin g w eek. T o ta l in s ig h t J u ly 20.............. N o rth ’n s p in n e rs t a k ’gs to J ’ly 2 0 D ecrease du rin g week. 13,875 7,358,889 1,541,586 13,941 6,491,443 1,688,034 ^ The above totals show that the interior stocks have decreased It will be seen by the above that there has come into sight during the week 3,472 bales and are now 87,164 bales less than at same period last year. The receipts at all the towns have luring the week 13,875 bales, against 13,941 bales for the been 891 bales more than same week last year and since »m e week of 1893, and that the increase in amount in sight to-night as compared w ith last year is 867,446 bales. Sept, 1 are 448,052 bales more than for same time in 1892-93. J uly 21, 1894.1 THE CHROM 1CLE. 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 ports from the South this evening indicate that the weather has in general been satisfactory during the week. At a few points on the Atlantic it is reported that there has been rather too much mosture, and in some sections of Texas rain is said to be needed. Elsewhere, however, as a rule the rainfall and temperature have been as desired. Advices from points in Alabama and Tennessee are particularly good. Galveston, <&c., Texas.—No advices from Texas have reached us this evening. New Orleans, Louisiana—It has rained on six days of the week, the precipitation being four inches and sixty hundredths. Average thermometer 78. Shreveport, Louisiana.—Rain has fallen on three days during the week to the extent of one inch and ten hundredths. The thermometer has ranged from 66 to 94, averaging 80. Columbus, Mississippi.—The corn crop in the prairies is abundant, but in sandy lands it is short. Cotton looks prom ising. There has been rain during the week on three days, to the extent of three inches and forty hundredths. The ther mometer has averaged 81, the highest being 96 and the lowest 66. Leland, Mississipi.—Telegram not received Meridian, Mississippi.—Telegram not received. Little Rock, Arkansas.—Rain has fallen quite generally the past week throughout the central section of the State and farmers report sufficient moisture to last several weeks. We have had rain on four days of the week, the precipitation being two inches and ninety-three hundredths. Average thermometer 77*4, highest 94 and lowest 62. Helena, Arkansas.—Crops are growing finely. Rains have been local, and some sections have had too much moisture. There have been showers on three days during the week, the rainfall reaching one inch and seventy-five hundredths. The thermometer has averaged 78, the highest being 91 and the lowest 68. Memphis, Tennessee—There were good rains here on Wed nesday and Thursday, just as heeded, and crops are in splen did condition. The precipitation reached one inch and two hundredths. The thermometer has averaged 78*4, ranging from 66-4 to 94-3. 6 & Nashville, Tennessee.—Telegram not received. Mobile, Alabama.—Crop reports are excellent. We have had rain on six days of the week, the rainfall being seventy hundredths of an inch. Average thermometer 79, highest 87 and lowest 70. Montgomery, Alabama.—All crops are doing finely, and cotton has never been better. There has been rain on four days of the week, the precipitation reaching eighty-six hun dredths of an inch. The thermometer has averaged 81, the highest being 91 and the lowest 71. Selma, Alabama.—Rain has fallen on four days of the week, to the extent of one inch and eighty-one hundredths. The thermometer has averaged 79, ranging from 67 to 90. Madison, Florida.—The week’s rainfall has 1een two inches and sixty hundredths, on five days. The thermometer has ranged from 68 to 87, averaging 79. Columbus, Georgia.—We have had rain on two days of the week, the rainfall reaching two inches and eighty-seven hundredths. Average thermometer 80, highest 89 and low est 70. Savannah, Georgia.—There has been rain on six days of the week, the precipitation being three inches and thirty hundredths. The thermometer has averaged 80, the highest being 91 and the lowest 68. Augusta, Georgia.—We have had rain on five days of the week, the precipitation being two inches and eighty-three hundredths. The crop is in good condition, but moisture is too abundant. The thermometer has averaged 78, ranging from 65 to 91. Charleston, South Carolina.—Rain has fallen on six days of the week, to the extent of three inches and one hun dredth. The thermometer has ranged from 69 to 89, averag ing 79. Stateburg, South Carolina.—We have had rain on three days of the week, the rainfall being two inches and twenty hundredths. Dry weather and sunshine are needed. Aver age thermometer 76-9, highest 87, lowest 64. Wilson, North Carolina.—There has been rain on three days of the week, the precipitation reaching two inches and twenty-five hundredths. The thermometer has averaged 81, the highest being 94 and the lowest 68. The following statement we have also received by telegraph, showing the height of the rivers at the points named at 8 o’clock July 19, 1894, and July 20, 1893. J u ly 19, ’94. J u ly 20, ’93. Feet. Feet. New O rle a n s___ ___Above low -w ater m ark . 4-5 12-5 M e m p h is............ 7-5 MS N ash v ille............ 2-1 31 S h rev ep o rt ....... •1 M issing. V ick sb u rg ........... 14-1 M issing. N e w O r l e a n s F i r s t B a l e . — The first bale of cotton of the crop of 1894-95 received at New Orleans arrived there on Monday, July 16, from Cuero, Texas, consigned to Messrs. Lehman, Stern & Co. It classed strict good middling, of good strong staple, and was sold by auction the same day at 10 cents per pound to Messrs, L. Christ & Co. Last year the first bale also came from Texas, reaching New Orleans on July 13. 121 I n d ia C o t t o n M o v e m e n t f r o m a l l P o r t s .— The receipts and s upments of cotton at Bombay have been as follows for the week and year, bringing the figures down to July 19. BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR YEARS. Shipm ents th is week. Sh ip m en ts since Sept. 1. te a r Great C onti G reat C onti T otal. B r it’n. n en t. Total. B r ita in nent. Receipts. T h is Since Week. Sept. 1. ’93-4 1,000 1,000 47.000 744.000 791.000 14.000 1.759.000 ’92-3 1,000 3.000 4.000 42.000 782.000 824.000 7.000 1.708.000 ’91-2 1,000 4.000 5.000 69.000 817.000 886.000 8.000 1.721.000 90-1 1.000 1.000 103,000 909.000 1,012,000 16.000 2.008.000 According to the foregoing Bombay appears to show an increase compared with last year in the week’s receipts of 6,000 bales and a decrease in shipments of 3,000 bales, and the shipments since Sept. 1 show a decrease of 33,000 bales. The movement at Calcutta, Madras, and other India ports for the last reported week and since the 1st of September, for two years, has been as follows. “ Other ports” cover Ceylon, Tuticorin. Kurrachee and Coconada. Sh ip m en ts fo r the week. Great B rita in . Oontinent. C a lc u tta— 1893-94... 1892- 9 3 ... M adras— 18939 4 ... 1892-93... All o th e rs— 1893 9 4 ... 1892- 9 3 ... Continent. 20,000 11,000 83.000 43.000 103,000 54,000 21,000 10,000 14,000 6,000 35.000 16.000 3.000 29.000 27.000 77.000 57.000 106,000 84,000 3.000 70.000 48.000 174.000 106.000 244.000 154.000 Total. 3.000 1.000 T o ta l a l l 18939 4 ... 1892-93... Shipm ents since Sept. X Great B rita in . 1.000 3.000 1.000 1.000 Total. The above totals for the week show that the movement from the ports other than Bombay is 2,000 bales more than the same week last year. For the whole of India, therefore, the total shipments since September 1,1893, and for the corresponding periods of the two previous years, are as follows: EXPORTS TO EUROPE FROM ALL INDIA. 1893-94. Shipm ents to a ll B urope fr o m — T his week. Bom bay............ 411 o th e r p o rts. T o ta l.......... 1892-93. Since Sept. 1. 1,000 3,000 T h is week. 791.000 244.000 4,000 1,035,000 1891-92. S ince Sept. 1. T h is week. Since Sept. 1. 4.000 1.000 824.000 154.000 5,000 5,000 978,000 5,000 1,051,000 886,000 165,000 arrange" ments we have made with Messrs. Davies, Benachi & Co,, of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the corresponding week of the previous two years, A l e x a n d r ia R e c e i p t s A lexa n d ria , E gypt, J u ly 18. R eceipts (o a n ta rs * ).... T his w e e k .... Since S ept. 1. E xports (bales)— To L iv e rp o o l......... To C o n tin e n t............. and S h ip m e n t s .— Through 1893-94. 1892-93. 1891-92. 2,000 4,975,000 T h is S ince week. Sept. 1. 1,000 5,136,000 T h is S in ce week. Sept. 1. 4,661,000 T h is Since week. Sept. 1. 4.000 314.000 5.000 302.000 4.000 308.000 2.000 326.000 2,000 329.000 3,000 265.000 6,000 634,000 5,000 594,000 T o ta l E u ro p e ......... 9,000 616,00 A c a n ta r is 98 pounds. 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 easy for yarns and steady for sheetings. Spinners are considered to hold large stocks of yarn. We give the prices for to-day below and leave those for previous weeks of this and last year for comparison: 1894. 32« Cop. Tw ist. . d. J ’e 15 6*8 i 22 6^8 «« 9Q 6 J u ly 6 6 “ 13 5 78 “ 20 5 78 d. 1893. 84t lbs. Shirtings. s. d. a. d. 9 8^ 8 4 8 1fl®6 7*2 4 8 ®6 7 4 8 ®6 7 ®61510 4 101g®6 ®616le 4 1 0 1a® 6 ® 6 3 t 4 9 ®6 ®6'% ®6 % ®6 ^ Oott’n M id. 32« Cop. ZTplds Twist. d. d. d. 4 k « 6 78 ® 7 % 4 k « 6 78 ®7% 3 i5 te 6 78 ®7% 4 61316®758 3 i5 Xi 6 78 ®75s 315 , 6 6% ®7ifl s. 5 5 5 5 5 5 81« lbs. S h irtin g s Coi e n M id. Upldt d. s. 6i*®7 6ia® 7 6*ii®7 6*aa>7 7 ®7 7 ®7 d. 4% 4!fl 47I6 43g 4ifl d. 4 4 4 4 4 4 ij 4^2 have received this (Friday) evening by telegraph from the various ports the details of the Sea Island cotton movement for the week. The receipts for the week ending to-night (July 20) and since Sept. 1,1893, the stocks to-night, and the same items for the corresponding periods of 1892-93, are as follows. S e a I s l a n d Cotton M o v e m e n t . — We 1893-94. Receipts to J u ly 20. C h a rlesto n ...................... . F lorida, « fe e .................... T o ta l.............................. 1892-93. Stock, This Since This Since week. Sept. 1. week. Sept. 1. 1894. .... 1893. 54,175 2,212 3,571 120 59,958 120 45,324 2,136 2,566 35,456 6,093 3,775 974 356 806 1,824 392 350 THE CHKONICLE. 122 |V ol. L1X. The exports for the week ending this evening reach a total lbs. f. o. b. at New York. There has been no special feature •of 12 bales, of which 12 bales were to Great Britain, — to in the market for jute butts and the close is steady at l%o. for France and — to Reval, and the amount forwarded to paper grades and 2 ^c. for bagging quality. Northern mills has been — bales. Belo w are the exports for the week and since September 1 in 1893-94 and 1892-93. E x c h a n g e s .—The following exchanges have been made during the week: 1893. N orth'n Mills. E xports from — S a v a n n a h ... C h ari’t ’n, &c F lo rid a, &c. N ew Y o rk .. B o s to n ........ B a ltim o r e .. Week E n d in g J u ly 20. Since Sept. 1, Since Week. Sept.1 Great F r’nce Great F r'nee B çü ’n. <ÊC. Toted. B rit'n . (ÉC. Total. ___ " 'l l ......... T o ta l........ 12 T ot. 1892-93 210 ......... ......... .... 22,932 2,326 25,258 403 17 386 • 125 125 *“ l2 3,671 2,299 5,970 5,410 __ 5,410 72 72 ......... 12 32,596 4,642 37,238 ......... ......... ......... 22,425 30 22,807 ......... 1,901 21,962 210 20,061 18,057 1,227 3,141 •21 pd. to exch. 400 Sept, fo r Dec. •04 pd. to exch. 300 Aug. fo r Sept. •07 pd. to excli. 400 S ept fo r Oct. •10 pd. to exch. 100 Aug. fo r O ct. •25 pd. to exch. 2,700 Aug. fo r Dec. •07 pd. to exch. 500 Oct. for Nov. •11 pd. to exch. 3,500 Aug. fo r Oct. •18 pd. to exch. 500 Aug. fo r Nov. •26 pd. to exch. 3,000 Aug. fo r Deo. •32 pd. to exch. 2,<>00 Aug. fo r Ja n . •lft pd. to exch. 600 Aug. fo r Nov •05 pd. to exch. 100 Aug. fo r Sept. •27 pd. to exch. 100 Sept, fo r Ja n . •12 pd. to exch. 1,100 Aug. fo r O ct •33 pd. to exch. 700 Aug. fo r J a u . •34 pd. to exch. 100 Oct. fo r Mch. *07 pd. to exch. -20 pd. to exch. '15 pd. to exch. ‘08 pd. to exch. 15 pd. to exch. *08 pd. to exch. -22 pd. to exch. ’¿7 pd. to exch. 3 i pd. to exch. *04 pd. to exon. '20 pd. to exch. -20 pd. to exch. -34 pd. to exch. ‘37 pd. to exch. -12 pd. to exch. 100 Nov. fo r Deo. 200 Deo. fo r Mch. 100 Oct. fo r Dec. 100 Sept, fo r O ct 100 Oct. fo r Deo. 1,400 Oct. fo r Nov 1,100 Sep. fo r Deo. 700 Aug. fo r Dee. 100 Aug. fo r J a n . 200 Aug. fo r S ept. 100 Deo. fo r Mch. 300 Aug. fo r N ov. 300 Aug. fo r J an. 300 Ju ly fo r Ja n . 200 Aug. fo r Oet. A considerable portion of the Sea Island cotton shipped to foreign ports goes via New York, and some small amounts via T h e F o l l o w in g a r e t h e G r o ss r e c e ip t s o f c o t t o n a t Boston and Baltimore. Instead of including this cotton for New York, Boston, Philadelphia and Baltimore for th e past the week in which it leaves the Southern outports, we follow week, and since September i, 1893. the same plan as in our regular table of including it when actually exported from New York, &c. The details of the P h il a d e l p h ia BALTIMORE. Bo sto n. N e w Yo r k . shipments of Sea Island cotton for the week will be found Receipts S in ce T h is S in ce T h is S in c e T h is T h is S in c e from— under the head “ Shipping News,” on a subsequent page. w ee k . S e p t . l . w ee k . S e p t . l . w e e k . S e p t . l . w e e k . S e p t. l. Quotations July 20 at Savannah, for Floridas, common, N. Orleans... 2,577 389,334 13c.; medium fine, 15^c.; choice, I1%c. Charleston, Carolinas, medium fine, 20 to 23c.; fine, 25 to T e x a s .......... 1,051 221,047 89,736 11,695 1,204 57,926 S a v a n n ah ... 2,118 241,475 30c.; extra fine, 30 to 40c., all nominal. 102 M obile........ ............ 20,119 yX P O R T S OF COTTON GOODS FROM GREAT BRITAIN.—Below Florida........ ............ 70,509 262 Carolina we give the exports of cotton yarn, goods, &c., from G reit So. 18,843 No. Carolina 426 101,285 Britain for the month of June and since October 1 in V irginia. 3,340 250 101,574 54,058 2,334 286,931 9,739 1893-94 and 1892-93, as compiled by us from the British Board N orth, ports 60,906 597 232 67,937 70,529 165 100,301 &c.. -of Trade returns, It will be noticed th at we have reduced Tenn., 10,565 28,127 110 Foreign...... the movement all to pounds. 92,711 2,227 254,927 232 6,253 1,146.097 2,609 537,343 T o ta l.... to ta l o f AU. Cloth. Yarn&Thread. 000s omitted. 1893-94 1892-93 1893-94 1892-93 1893-94 1892-93 1893-94 1892-93 Lbs. Lbs. Lbs. Yds. Lbs. Yds. Lbs. Lbs. O ctober....... 20,979 21,080 423,298 396,143 80,399 76,050 101,378 97,130 77,674 90,952 103,982 81,100 408,954 422,515 23,882 22,278 -N ovem ber... 98,751 D ecem b er... 18,014 18,267 437,562 419,320 83,108 80,484 101,122 T o t.ls t quar. 61,271 62,229 1,269,814 1,237,978 241,181 237,634 302,452 299,863 89,624 .J a n u a r y ....... 19,931 16,625 461,951 384,296 87,990 72,999 107,921 79,385 F e b ru a ry .... 20,850 14,421 465,911 342,022 88,745 64,961 108,995 89,041 'M a rc h .......... 20,709 17,944 473,622 374,304 90,214 71.097 110,923 48,99 1,401,484 1,100,622 266,949 209,057 827,839 111,222 2,671,298 2,333,600 508,130 446,691 630,291 309,092 79,844 58,707 341,264 77,705 64,818 349,958 76,911 66,469 100,660 97,360 96,939 T o t. 3d quar. 60,519 50.947 1,230,916 1,000,314 234,460 189,994 T otalft mos.. 182.680 162,169 3.903,214 3,338.914 742.590 636,635 925,270 T o t. 2d quar. 60,890 'T o ta l 6 m os. 122,161 A p ril..,......... 20,816 M a y .............. 19,655 J u n e . . . . . . . . . 20,048 14,524 18,422 18,001 419,178 407,955 403,783 294,919 910 15.202 941,382 T o tal ex p o rts o f c o tto n m a n u fa c tu re s.................................... Last year.. 6,699 1,117,612 1,810 582,045 1,105 95,690 2,067 exports of cotton from th.8 United 8tates the past week, as per latest mail returns, have reached 15,645 bales. So far as the Southern ports are concerned, these are the same exports reported by telegraph and published in the C h r o n i c l e last Friday. W ith regard to New York we include the manifests of all vessels cleared up to Thursday. Total bales N e w Y o r k —-To Liverpool, p e r steam ers Olbers, 3 0 0 ....R u n ic , 12 Sea I s la n d ........................................................................ . . . To H ull, p er ste am er M artello, 2,778......... ................................ To H avre, p e r steam er La C ham pagne, 4 0 0 .. To B rem en, p er ste am ers Elbe, 7 0 3 ....L a h n , 3 9 6 ......... . 258,050 To H am burg, p e r ste am er P ru ssia. 494. .................................. 557,913 To A ntw erp, p e r steam er NoordLand, 575 ................................ N e w O rleans —T o Liverpool, p e r steam er In v e n to r, 3 ,4 6 4 .... 73,231 Professor, 2 ,4 6 4 ......................... .............. ..................... 83,240 To Brem en, p er steam er Broom haugh, 1 ,9 6 0 ..................... . To H am burg, p er ste am er Valesla. 6 0 0 ...................................... 84,470 N o r fo lk —To Liverpool, per steam er Leonora, 854 . . . . ............. 240,911 Boston —To Liverpool, per ste am ers C atalonia, 2 6 8 — K ansas, 1 __ P hiladelphian, 4 5 . . . . ................... ............. — .................. 798,854 B altim ore —To Liverpool, oer steam er M ontezum a, 3 2 . ........ To A ntw erp, p e r steam er N orse K ing, 299 ................................ 864 18,324 818,042 237,463 S h i p p i n g N e w s . —The 312 2,778 400 1,099 494 575 5,928 1,960 600 854 314 32 299 T otal............................................. ........................................................ 15,645 T h e p a r t i c u l a r s o f t h e s e s h ip m e n ts , a r r a n g e d i n o u r u s u a l The foregoing shows that there has been exported from the form, are as follows: Bremen United Kingdom during the nine months 941,382,000 lbs. of A Ham L iver manufactured cotton, against 813,042,000 lbs. last year, or an Total. Hull: Havre.. burg. Antw erp. pool. 5,658 575 1,593 2,778 400 312 New Y ork....... •increase of 123,340,000 lbs. 8,488 2,560 . . 5,928 A further m atter of interest is the destination of these 854 ^ 854 -exports, and we have therefore prepared the following 314 ^ 314 331 299 statements, showing the amounts taken by the principal B altim ore...... ... 32 countries during June and since October 1 in each of the 15,645 874 4,153 400 Total......... . . 7,440 2,778 last three years: this week of vessels carrying ■EXPORTS OF PIECE GOODS AND YA.RV8 TO PRINCIPAL COUNTRIES IN • Below we add the clearances JUNE, AND FROM OCTOBER 1 TO JUNE 30. Piece Goods—Yards. (000s omitted.) T urkey, E gypt and A frica... C hina a n d J a p a n ..................... E urope (except T u rk ey )........ ■South A m erica........................ N o rth A m erica ....................... A ll o th e r c o u n trie s ............... June. 1894. 1893. 171,643 155.899 62.715 44,525 49,225 27,214 24,330 21,133 46.859 50,439 19,936 18,503 29,075 26,445 the latest dates: Oct. 1 to June 30. 1892. 1893-94 1892-93 138,964 1,923,037 1.403.601 50.428 560.446 452.307 33,n99 386.096 862,877 18,765 231.273 221,642 54,249 352,687 486,641 25,425 200,906 209.880 26,381 247,769 202,156 1891-92 1.616.479 518,056 462.S11 223,499 410,564 226,28') 213,889 T o tal y a rd s........................ 403,783 349,958 347,911 3,902.214 3,339.104 3.674.108 T o tal v a lu e ........................ £3,863 £3,599 £3.491 £38,153 £34,041 £37,583 Bosto n —To L iv e rp o o l-Ju ly 13—S team er R om an, 293. To W indso-, N. 8 .—J u ly §§§—3cno >uer Jn ssp h in e, 38. B a l t im o r e —To B rem en—Ju ly 18 S team er D arm stad t. 1,458. P h il a d e l p h ia - To A n tw ero —Ju ly 13—S team er S w itzerland, 109. Ba n F r a n c isc o — To H am burg —B a f t P nilip Nelson, 46. To J a p a n —S team er China, 1,075. Cotton freights the past week have been as follows: j Satur. Mon. Tues. Wednes. T h u n . F ri. L iverpool, steam .d 564 9128®564 91S8®584 91S8®564 9128®564 564 M anehes’r, s’t ’m .d. 25 1 25t 25t 25 t 25t 25t 25,394 H avre, steam ...d . 34.731 25.981 4,081 3,042 2,842 2,731 2A08 2,551 21,874 21,488 22,485 Do l a te r ....... d. 29,849 28,552 3,427 3,310 3,139 25t 251 25t 23t 27*21 34.125 Brem en, s te a m .. d. 2 7 1a t 25,744 30,688 2,501 2,713 2,766 19,011 20.872 21 533 2,044 2,315 1,462 C hina an d J a p a n ..................... Do l a t e r ... d. 27.157 21,572 19.953 T u rk ey a n d E g y p t.................. 2,853 1.884 2,825 % *8 *8 H *8 *8 702 8,677 8,137 889 9,009 H am burg, steam d. All o th e r co u n tries................. 1,055 Do later..d . T o tal lb s .............................. 18,701 16,591 16.237 168.864 149,252 176,753 'i 25t 25t 251 25t 25+ 251 £687 £7.114: £6.537 £7.468 Ams’dam , steam .c. £747 £706 T o tal v a lu e ............ .......... u f4 Reval, v ia H u ll.d . “ 84 U 64 “ at n 6l “ 64 J u t e B u t t s , B a g g in g , & c .— Jute bagging has sold freely Do v. H am b d. ®16 318 316 316 316 316 3ie 3ie 316 318 3ie during the week under review and quotations have been B’lona, d ir e c t...d . S16 2 9t4 ai>39 984®532 marked up all around. The market closes steady this G enoa, s te a m ...d . 96t® 532 9<54®532 9e4®532 964®5 281 23+ 281 23+ Do v.M ’s’l’s,&c.d. 28t 28t evening at 6c. for lbs., 6J^c. for 2 lbs. and 7c. for standard T rieste, v.G enoa.d. 316 316 316 3ie 316 316 3^2 grades in a jobbing way. Car-load lots of standard brands A ntw erp, s te a m . d. 3,„ 3 19 3,9 -are quoted at 6c. for \% lbs., 6)£c. for 2 lbs. and 7c. for 234 t C ents n e t p er 100 lbs. Yarns—Lbs. (000s omitted.) H o lla n d ...................................... G erm an y ...... ............................ O th. Europe (except Turkey) .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... — .... .... .... J 1894. J 21, uly THE CHRONICLE. 123 L i v e r p o o l . —By cable from Liverpool we have the following Early in the week the market for Indian corn futures was statement of the week’s sales, stocks, &o., at th at port: stronger on buying by “shorts” to cover contracts, stimulated by reports of continued drouth in the corn belt, but subse J u n e 29. J u ly 6. J u ly 13. J u ly 20. quently realizing sales by longs and sympathy with the weak ness in wheat caused a decline. Business in the spot market Sales of th e w eek........... b ales. 57.000 48.000 50.000 44.000 Of w hich e x p o rters to o k . . . 1,200 1,890 2,300 2,100 has been quiet and prices have followed futures. The sales Of w hich sp e cu lato rs t o o k .. 400 800 200 500 yesterday included No. 2 mixed at 47c. in store, 4 7 ^ ij47^c. Sales A m erican ________ ______ 47.000 41.000 45.000 37.000 delivered and 48)^@48% \ f. o. b. afloat; also yellow at 49J^c. A ctu al e x p o r t....... ...................... l o , 000 11.000 10.000 8,000 F o rw ard ed .................................. 57.000 64.000 54.000 51.000 f. o. b. from store. To-day the market declined during early T o ta l stock—E stim a te d . . . . . . . . 1,42 i,000 1.373.000 1.331.000 1.287.000 Change under reports of fall of needed rains in the corn belt, Of w hich A m erican—E stim ’d 1,203,000 1.159.000 1.125.000 1.083.000 but later most of the loss was recovered. The spot market T o tal im p o rt o f th e w eek _____ 24.000 19.000 22.000 15.000 was dull but steady. The sales included No. 2 mixed at 471^c. O f Which A m e ric a n _______ 12.000 12.000 17.000 5,000 A m ount aflo at........................ . 35.000 35.000 36.000 42.000 in store and 47%c. delivered. Of w hich A m erican.............. 25.000 25.000 22.000 26.000 The tone of the Liverpool market for spots and futures ea< h day of the week ending July 20, and the daily closing prices of spot cotton, have been as follows: Spot. S atu rday Monday. Tuesday. Wednes. Thursday. F r id a ., M ark et, \ 1:45 P. M. j Easier. Q uiet. Fully m ain t’ned Steady. Easier. Dull. M id.U pl’d s. 31516 3I316 3 l5 ie 3 l5 le 31516 315J6 S a le s ......... Spec. & exp. 6,000 300 8,000 500 8,000 500 8,000 500 8,000 500 7,000 500 Q uiet. S teady. Q uiet a t p a rtially 1-84 adv. V ery steady. Firm . Quiet. F utures. uiet a t M ark et, ) Q de1:45 p. m . j 1-04 oline. M arket, \ 4 P. M. £ Dull. Q uiet at S teady at p artially partially 1-64 dee. 1-84 dec. Q uiet and Q uiet and steady. | stead y . The opening, highest, lowest and closing prices of futures at Liverpool for each day are given below. Prices are on the basis of Uplands, Low Middling clause, unless otherw se stated: The p rices are given in pence a n d 6 4 ths. 3 63-64d. an d 4 01 m eans 4 l-6 4 d . Sat.« July 14» d. 3 54 3 54 3 54 3 55 3 56 3 57 3 58 3 59 F e b .-M c h .. 3 60 M ch.-April. 3 61 d. d. 3 54 354 3 55 3 56 3 57 3 57 3 58 3 593 60 3 62 3 54 354 3 54 3 65 3 56 3 57 3 58 3 59 3 60 3 61 d. d. 3 54 354 3 54 354 3 55 3 55 3 56 3 56 3 57 3 56 3 57 3 57 3 58 3 58 3 59 3 59 3 60 3 60 3 62 3 62 Wed.« J u l y I S . d. 3 55 3 55 3 56 3 57 3 58 3 58 3 59 3 60 3 61 3 63 d. d. d. 3 56 3 56 3 56 3 57 3 58 3 58 3 59 3 60 3 62 3 63 3 56 3 58 3 57 3 57 3 58 3 59 3 60 3 61 3 62 4 00 3 56 3 56 3 56 3 57 3 58 3 58 3 59 3 60 3 62 3 63 d. d. d. 3 55 3 55 3 66 3 56 3 57 3 68 3 59 3 60 3 01 3 63 Wed. 473s 4 7 78 473s 44^ Thurs. 47 473s 47% 44 F ri. 4 6 7s 47% 46% 43 % DAILY CLOSING PRICES OP NO. 2 MTXrnn OATS. I J u ly d eliv ery ...................,0. o. A ugust d e liv ery .. . . . . . o,c.. S eptem ber d e liv e r y ..—o. c. D ecem ber d elivery.........0. o. Sat. Sa 43 34% 325g 32% 33% 33% Mon. 42% 34 32% 33% Tues. 40% 33% 32% 33% Wed. 38 33 32 32% Thurs. 38% 32% 3134 32% Fri. 391« 323g 313a 32% FLOUR. F in e...................$ bbL $1 75® $1 95 P a te n t, w in te r...........$2 90® $3 30 Superfine..................... 1 80® 2 15C ity m ills e x tr a s ....... 3 45 Low. Oto Open High Low. .Olot. E x tra , No. 2 , .............. 2 00® 2 25R ye flour, superfine.. 2 70® 3 10 E x tra, No. 1 ................ 2 20® 2 50B uckw heat f l o u r ................ ® . . . . t d. d. d. 4. d. C lears........................... 2 30® 2 60Corn m eal— 3 54 3 55 3 56 3 57 3 56 3 67 8 tr a ig h ts ..................... 2 65® 3 55 W estern, &o............ 2 50® 2 60 3 54 3 55 3 56 3 57 3 56 3 57 P a ten t, s p r i n g .......... 3 50® 4 25 B ra n d y w in e ........... 2 80 3 55 3 56 3 56 3 58 3 56 3 58 [W heat flour in sa ck s sells a t prices below th o se fo r b arre ls.] 3 56 3 56 3 57 3 58 3 59 3 60 3 62 3 57 358 3 58 3 59 3 60 3 61 3 63 3 57 3 58 3 58 3 59 3 60 3 62 .3 6 3 Thurs.« J u l y 1 9 . 3 56 355 3 56 3 55 3 67 3 55 3 57 355 3 58 353 3 59 3 57 3 60 3 58 3 61 3 59 3 62 3 60 4 00 1 3 62 Tues. 47% 48 47% 45 Oats for future delivery have suffered a sharp decline for the current month under free liquidation of contracts, prompt ed by expectations of a free crop movement from the West. The distant months have also weakened somewhat. Business in the spot market has been dull and prices have declined sharply in anticipation of free arrivals from the interior. The sales yesterday included No. 2 mixed at 40@41c, in elevator and No. 2 white at 40 <t43c. in elevator. To-day the market was firmer for July contracts on buying by “shorts” to cover contracts, stimulated by a disappointment in the movement of the crop; distant months were fractionally lower. The spot market was firmer but quiet. The sales included No. 2 mixed at 42@43c. in elevator and No. 2 white at 42^@43c. in elevator. Tuoa.« July 17. 3 53 359 3 60 3 61 3 62 3 63 4 00 3 57 3 53 3 58 3 59 3 58 3 60 3 59 3 61 3 60 3 62 3 62 3 63 3 63 4 00 Fri., J u l y 2 0 . Opsn High Low, Olot. Opsn High Low. Olot. Opsn High Low.l u J u ly ............. Ju ly -A u g ... A ug.-Sept 8ept.-O ct... O et.-Nov.... N ov.-D ee... D ec.-Jan.... Jan .-F eb .... F eb .-M ch .. M ch.-April. Mon. 47 78 48v» 47 78 45% The following are closing quotations: Mon.« July 16. Ops» High Low. OU»». Open High July....... . July-Aug... Aug.-Sept.. Sept.-Oct... Oct.-Nov.... Nov.-Dee... Dee.-Jan.... Jan.-Feb„ . T h u s: 3 63 m ea n s DAILY CLOSING PRICES OP NO. 2 MIXED CORN. §'»■* Sat. c. 47% Ju ly d elivery.....................c. 471s A u g u st d e liv ery ......... . ..c . c 4471g 7% S eptem ber deliv ery ........,c. c. 47% 47!8 o.......... D ecem ber d eliv ery .........c............ d. d. 3 55 3 ó5 3 55 3 5 5 3 55 3 56 3 5 5 3 56 3 56 3 57 3 57 3 58 3 58 3 59 3 59 3 60 I 3 60 3 61 3 62 3 63 d. d. 3 55 3 55 3 65 3 56 3 56 3 57 3 53 3 59 3 61 3 62 3 55 3 55 3 55 3 56 3 57 3 57 3 58 3 60 3621 3 62 d. j 3 56 ! 3 56 3 56 j 3 57 3 57 I 3 57 3 58 ! 3 £8 3 59 j 3 6'J 3 60 3 61 362 3 62^ 8 R E A D S T U F F S . GRAIN. W h e a t0. 0. Corn, p e r h u sh — c. S pring, p e r b u s h .. 51 ® 66 W est’n m i x e d ...... 46 ® R ed w in ter No. 2 .. 56 »4® 57% No. 2 m ix ed ___. . . 47%® R ed w in te r............. 50 ® 60 W estern y e llo w ... 47 ® 52 ® 60 W estern W hite___ 47 ® O ats—M ixed,per bu. 42 ® 44 R ye— W h ite .... ............ 40 ® 55 W estern, p e r hush. ® 42 ® 43 S tate an d J e r s e y .. ® 42%® 43% B a rley —Vo.2 W est’n ® S ta te 2-row ed....... ® S ta te 6 -ro w e d ..... ® .... 6. 48% 48% 49 49 .... The movement of breadstuffs to market is indicated in tbe statement below is prepared by us from the figures of the New York Produce Exchange. We first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending July 14, 1894, and since August 1, for each of the last three years: Receipts at— Hour. Wheat. Corn. Oat». 1 Barley. Rye. B b ls.im b s Bush.00 lbs Bu8h.bG lbs Bush.32 lbs BuskAH lbs Bu.56 lbs. ihioago .... 13,247 7,550 159,550 149,2)0 700 650 Milwaukee... 7,800 83,194 13,650 91.750 2,400 5,400 J u iu th ........ 40,243 356,396 2,243 Minneapolis. 198,780 7.270 Toledo.......... 674 84,800 6,0.0 ) 2,900 0 é tro it......... 2,680 44,381 7,404 28.072 C leveland.... 2,170 11,985 i t. Louis....... 14,715 383 568 302 525 147,070 700 P e o ria ........ 1,050 6,600 109,850 64,900 5,600 Sansas City. 23,555 Tot.wk, ’94. 82,579 1,187.804 606,249 498,120 8,700 6,750 lam e wk,’93 269,199 2.530,224 2.412,930 1,887,722 24,395 24,008 lam e wk,’93. 265,618 3,405,105 1,497,363 3,007,754 131,700 50,062 lines Aug. I. 1893-94___ 13,085,062 147,912,553 146,067,395 115,252,894 23,397.030 3,334,848 1892-93___ 12,909,618 235,941,161 124,039,955 114,937,591 29,357.823 7,127,498 1891-92..... 12,844,789 232,373.700 122.153,302 107 441,119 31,561,484 14.493,603 F r i d a y , July 20, 1894. Business in the market for wheat flour has been extremely dull, a decline in wheat values having a tendency to keep buyers brck, and prices have had a general decline. Rye flour has been quiet, but supplies have been light and prices have held steady. Corn meal has sold slowly, but an advance in the price of corn has added tone to the market. To-day the market for wheat flour was dull and easy. There has been increased activity to the speculative dealings The receipts of flour and grain at the seaboard ports for the in the market for wheat futures but at declining prices, due to general selling, prompted by depressed foreign advices, ex week ended July 14, 1894, follow: Flour. Wheat, Corn. Oats, Bariev. Ri/s. pectations of a heavy movement of the new crop, and reports Receipts at— bbls. busti. bush. bush. bush. 115,506 452,700 311,975 319,700 431 from harvesting districts at the West stating that the yield 65,3 *3 173,633 103,531 161,429 15,371 13,600 has been running far beyond previous expectations. In the 80,913 59,588 47,480 101303 81.3*2 414,700 17,-(72 5,673 2,190 spot market prices have declined with futures and at the con Richmond. 1,150 2 ,ó*10 15,2 *6 10,749 22,653 96.387 113,416 cessions exporters have been fair buyers. Yesterday the ............ sales included No. 2 red winter at % dji^c. under Septem T otal w eak... 320.841 5,199,509 517.8' ID 7L5.121 2,621 407.078 3,033,550’ 1,576,928 1,041,831 7,600 ber,!. o. b. afloat, and No. 2 hard winter at lj^c. under Sep W eek 1891........... 27,773 tember, f. o. b. afloat. To-day the market further declined The total receipts at ports named in last table from Jan. 1 J uly 14 compare as follows for four years: under dull and easier foreign advices and favorable weather Receipts of— at the West. The spot market was neglected. 1894. 1893. 1892. 1891. DAILY CLOSING- PRICES OP NO. 2 RED WINTER WHEAT. Sni Sat. ... .... ... . J u ly d e liv e ry .... c. A u g u st delivery., 5938 S eptem ber d eliv ery....... o. 0 t>0% D ecem ber deli v e r y . .... ...ec.. b4% 1/nM Mon. 59 59% 60% 6438 nu Tues. 58% 58% 60% 63% Wed. 57% 57% 59% 62% Thurs, 56% 57% 58% 62% Fri. 56% 56% 58% 61% Flour................ .bbls. 10,868.250 W h e a t............. bush. 17,072,702 C orn................. O a ts ................ .......... 19.105,702 B arley............. Rye................... 9,797,877 9,783,485 7,193,898 41.933,445 27,957,888 24,347.429 2,630,346 743,811 52,336,528 63,140,031 28,440.595 3,015,213 2.699,083 2 (.682.528 22,312,106 18,005,986 1,817,776 335,214 T o tal grain. .......... 71,248,838 97,642,799 149,631,506 64,153,610 THE CHRONICLE. 124: [Y ol . L lX , The exports from the several seaboard ports for the week packages, valued at *321,723, ¡heir destination being to the points specified in the tabl • /el >w ending July 14, 1894, are shown in the annexed statement: Exports from — Wheat. bash. .. 446 616 ^ 64,812 IT«,433 Com. bush. Ii8,531 ,. 184,000 33,142 17.555 6,108 F low , bbls. 109,219 29,603 14,4 '6 6L.994 37.052 893 23,5u7 Oats. busa. 5,957 500 9,837 Rye. bush. Peas. bush. 3,797 The destination of these exports for the week and since Sept. 1,1893, is as below. We add the totals for the corres ponding periods of last year for comparison: ,-------- Wheat.-------- , f----------Com.--------- > Week Since Sept. Week Since Se/pt. J u ly 14. 1,1893. Ju ly 14. 1, 1893. bush. bush. bush. bush. 90,612 27,394,536 830,527 25,355,253 8*,641 21,032.545 311,825 20,5l-VJ6S 1.337 142,816 5,400 32.679 27,996 771,004 ............ 30,180 141,756 ............ ............ 750 113,038 ............ 155,154 T o ta l................. 266,694 1 1 .874,284 1,147,752 46,090,033 205,336 49,595.695 T o tal 1892-93...... 296,578 12,348,604 2,806,109 81,682,889 1,098,132 32,913,201 The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, July 14, 1894, was as follows: Wheat, bush. Jti store a t— New Y ork.................... 8.737.000 Do afloat.......... 167.000 A lb a n y ........................ B uffalo........................ 1.173.000 Com, bush. 781.000 217.000 62,000 235.000 Oats, bush. 562,000 85.000 45.000 46.000 Rye, bush. 17.000 Barley bush. 1,000 13.000 ' 14,000 C hicago....................... 17,Ò2Ì,000 1,418,000 28,000 101,000 6,000 889.000 1,000 1.454.000 1.106.000 140,000 St. Louis..................... 2,614,000 1,000 304.000 86,000 M o n treal..................... 645.000 192.000 81,000 63,000 247.000 B altim o re .'..,............. 694.000 8,846,000 39,000 On Mississippi River. On Lakes.................... 2.087,000 On canal an d riv e r... 2,248,000 Total Ju ly Total Ju ly Total Ju ly T otal Ju ly T o tal Ju ly 14,1894.53.1*5.000 7,1894.54,115.000 15, 1893.59.368,000 16,1892.22,440,000 18, 1891.12,472,294 2,000 27,000 4,321,000 43,000 2,000 9,000 66,000 36,000 43,000 1,000 58.000 104.000 3,000 14.000 131.000 8,' 00 6,000 24,000 200,000 135.000 10.000 2,000 30.000 17.000 Y o r k t o J u l y 17. 1,000 1,000 8,000 2,000 26,000 49,000 8,000 1,000 6,000 1,000 45,000 546,060 166,000 3.000 136.000 334,000 10.600 17,000 3.934.000 5,2/7,000 8.843.000 6.905.000 3,365,202 1,745,000 2,317,000 2,964,000 5,504,000 1,759,308 196 000 221,000 364,000 2 9,o00 152,600 2,000 1893. Week. Since J a n . 34,991 P o rtla n d ................................................................................................................................... 205,336 266.694 16,294 ............ 38 788 T otal w eek..........1,147.753 Same tim e 1893...... 2,t06109 1,098,132 296.578 337,530 33,850 55,805 ,---------Flour.-------- , Exports for Week Since Sept. week and since J u ly 14. 1, 1893. Sept. I to— bbls. bbls. U nited Kingdom 187 696 . 7.554,024 C o n tin en t........... 11,^01 1,341,*82 S. & C. Am erica.. 31,603 1,3*7,988 W est Indies........ 26,486 1,210,481 B rit. N. A. Col’s. 8,751 382,392 O th er countries.. 557 38,119 1894. N e w G reat B rita in ........................ O ther E u ro p e a n ..................... C h in a ........................................ India......................................... A rabia........................................ A frica........................................ West In d ie s.............................. C e n tral A m erica.................... 8 rath A m e r ic a .......... ......... O Cher c o u n trie s....................... 241 54 195 1 ,1 8 9 20 3 ,2 4 6 2 ,0 1 4 5 2 ,4 2 0 4 ,5 7 9 1 3 ,3 1 8 4 ,4 7 3 1 0 ,3 * 9 1 ,0 4 1 3 ,9 8 9 2 3 ,8 0 7 1 ,7 9 9 T o ta l................................... C hina, v ia V an co u v e r* .... 8 ,0 2 6 3 ,5 1 0 1. Week. Since J a n . 1 . 41 5 30 0 2 6 6 4 5 2 ,1 6 0 826 1 6 ,8 0 4 2 ,2 5 6 5 ,1 4 3 5 ,8 2 1 1 0 ,5 4 2 1 ,1 9 3 2 ,5 9 0 2 7 ,3 6 1 1 ,4 3 8 1 2 1 ,0 4 5 1 4 ,2 » 8 1 ,9 3 9 4 ,9 7 0 7 6 ,1 3 4 1 9 ,0 1 5 1 3 5 ,3 4 3 T o t a l ................................ 1 1 , 5 3 6 * F rom N ew E n g la n d m ill p o in ts d ire c t 6 ,9 0 9 9 5 ,1 4 9 9 35 6 ,1 4 8 135 .... .... .... 23 1 3 1 ,2 5 5 The value of the New York exoorts since Jan. 1 has been 1,4 *4,429 in 1894 against $4.505,988 in 1893. Lonsdale 4-4 bleached, Fruit of the Loom 4 4 bleached and Masonville 4-4 bleached were reduced on Wednesday to 7 ^c. per yard regular, making the net price the lowest at which these tickets have ever sold. Other reductions put Blackstone at 6)£c., Hope at 6^ c . and a number of other tickets on a comparative basis. Fair sales have been made during the past two days. Low-grade bleached goods are dull and irregular. Brown sheetings have been in slightly better request on home account, with fair sales for export. Prices are irregular, a number of Southern makes selling on a very low basis. In colored cottons, such as denims, checks and stripes, ticks, etc., the demand is for small lots mostly, and prices are irregular. Other staple cottons are featureless. There has been a fair demand for dark fancy prints at steady prices, with about an average demand in other regular printed lines. Ginghams are quiet and unaltered for both dress styles and staples. There has been a large busiaess in print cloths this week, manufacturers at Fall River selling extras at 2%c. for both spot and contracts ; the market is steady thereat ac the close. 1894. Stock o f P r in t Cloths— J u ly IS . H eld by P ro v id en ce m a n u fa c tu re rs . 3<>2,000 F a ll R iv er m a n u f a c tu re rs ...............7 7 0 ,0 0 0 1893. J u ly 14. 147,000 181,000 1392. J u ly 15. 2,000 N one. T o ta l sto c k (pieces)..................... 1,072,000 328,000 2,000 F o r e ig n D r y G o o d s . — Only 90.000 92.000 392,000 42i,f00 74,779 a scattering business is re ported in merchandise for immediate use and for fall trade the orders have been exceedingly limited, there being an all round disinclination to do business until the tariff outcome is clearer. Im p o rta tio n s an d W arehouse W ith d r a w a ls o f D ry Goo d s . THE DRY GOODS TRADE. O gD g “ H- I f ® £: •d > © © w o* 00 05 H ‘-‘CACCIO ©©«■00*3Xtf*O<l 03 Oto <JO* MW M QOOOib/ © M c o x h© X X © h- 0*0i © © M © to CD 05 tOtOM<|M ©M tO GO Pp b»<3 ©O* MM w -J M o X CD C5 05 005^*1*005 tOtf^tOCK 05 tO 03 05 05 ©M CDtO tOO*tOMM tOCOO*t0p< m to POO 0*X C 0M © O * W H C M ^M GO Ü* C5 M X * s|» J i 0*©©r--M W' W CO O « s ito . 0 5 F-* 05 CD r f M X C 5 03 toco M to k*M Meo eoo* 00p XCO o*x M 05 M IO tOCO O cd o i m «g 005C 001X h- tO CD0510 O l< lÜ « X © XtO© W© WO Ol WM OOCDXO C O O O tO X COM MM 05CO to x QD00 ©<i ^CDM 1^1 M C O tO tO X O K 1 M to COX <1r- CD o to o ©CO © M M W CK H S so* a pp pf ® ® P* : X X M © to to w M © w Ü* o* X Ü* <1 © © © V» X © M © X fi 2 2 ChE, o~ n^ oe sa Sa U « è IP m P i 2 s>KS-O a P Mr S o ft M . ■ O ^Q O •:0 !!: © et 0 OB ¡ M W W <I 0 * C * h -© N ) P © © X © © W O WCO m © © to © M © b* o* © to geo M tO M X <1X M O* M < |© 0 * M tO O M O t X O *© w © tO M tO W < l tOXpph-« 05'WCD^M o* WM ©O* ©M lf¡> w ©M ©W b © © X < J CO M M M © O* © M © © © ^g© © 0 * < |X W CO CC © -3 © M W tO M M © p p C i <3© © X © © © O* © W i-ÍB X iM O I OlCO W W N C 5 C O __ X M © © ©M < l< l < lto w w t o O lfcO ^C O w © w t o to © M © X O* © <1 © to w © © w MO* to © M X X X M X © © X M < ÌM O * W b*b»V ox«g W X O *© M M < l© © t0 Ü* |U X w o* to M ©M X © XM O *© »t±QD M M x to © e o © b © î--Q 0 ^ -g © X co co © © o*x w M © w to X M © © WM MM © © to © X © .© - * © © <1 w t o w to to © © to d i ) X © <1 © M t o A <1 © b* © X © to © © w «g© M CJ1VMI3 01 o*oo 'jxp> pM M M G W bO M M © X r-X O t O M Ü l X) OM XW Ol w CO 05 M Ol CO 05 05 <1 tO <3 CD O C 3 M M CDOiOOiX W M 0© 0 tO M M i < 1 X 0 * tOM XOICDCOCO Ü» CD >- O» O » <105 0 5 0 0 5 © M t0 M CO M O M © -* M < 1 X 0 5 CO M < 105 05 CO — tO W O CO O M 35M W ©0*X©«g Ijs* oojDcoco-ee, S. b» x b * o t u § X M X Ö 5<1 Wf-gCOh 1 «g -»tocox M^COOtO X CD<—MtO C«MW05M b*M ob* w too* eccito b th -to w o xo» to •-»«-* M > -* © © < 1 , CDfcr “ g 2* [ON FOB THB W EEK AED SINCE JANUARY 1 , 1 8 9 4 AND 1 8 9 3 . 0j 1 ,9 1 1 6 ,9 3 8 New Y o r k , F r i d a y , P . M., July 20, 1894. There has been more business doing in the market than for some weeks past. The removal of freight interruptions has led to a much freer outward movement of merchandise, con siderable quantities held over during the railroad troubles going forward, and has released the Western demand, thus adding to the general business. Another factor favoring an increase has been the revision of prices by leading bleached goods agents by which prominent makes of 4-4 bleached shirt ings have been reduced about per yard. Buyers had been waiting a considerable time for this revision, and since it was made have increased their takings of the class of goods affecte d materially. In the general run of the market outside of bleached lines there has been no expansion in individual orders, but a greater number of buyers have been taking small to moderate-sized quanti ties. It is expected that the demand for staple cottons gener ally will show a further improvement in the near futures, as the greater part of fall requirements have yet to be provided for and no further important price reductions are looked for. There is still much irregularity, however, in the market, but no weaker symptoms, the reductions referred to above not being the outcome of any new conditions this week. D o m e s t ic W o o l e n s . —The renewed uncertainty concerning tariff legislation has had a bad effect on the market for woolen and worsted goods during the latter part of the week, but earlier a fair number of small re-orders came to hand for low and medium-priced staples and for worsted cheviots, clay diagonals and medium-priced fancies in heavy weights. Any inclination to look at samples for next spring has been quite checked and manufacturers too have shown less desire to open 1heir lines. Overcoatings in beavers and kerseys for immediate use in quiet request but little doing for spring. Cloakings generally dull. Satinets inactive and sales of cotton-warp cassitneres and doeskin jeans small. Woolen and woisted dress goods in fancies are fairly re-ordered, but staples dull. Tnere is no change in flannels or blankets. D o m e s t ic C o t t o n G o o d s . —The exports of cotton goods from this port for the week ending July 17 were 8,026 The importations and warehouse withdrawals of dry goods at this port for the week ending July 19, and since Jan. 1, 1894, and for the corresponding periods of last year are as follows : THE CHRONICLE. J uly 21, 1894.] S t a t e aw p C ity P s y » y r i m i T . TERM S OF S U B S C R IP T IO N . Commercial and Financial CHRONICLE con tains 4 0 to 6 4 pages, published every week. Slate and City Supplement of CHRONICLE con tains 180 pages, published periodically. Investors’ Supplement of CHRONICLE (a Cyclo paedia of Railroad Securities) contains 1 6 0 pages, published every other month, ________ Subscription to CHRONICLE for one year $ 1 0 .0 0 , which includes everv issue of both S upplements, Terms of A dvertising—(P e r inch space.) One tim e ................................. $3 50 I T nree M onths (13 tim es) ..$ 2 5 00 O ne M onth (4 tim e s).. 11 00 Six M onths (26 tim e s).. 43 00 Two Mouths (8 tim e s).. 18 00 | Twelve M onths (52 tim e s).. 58 00 (The above te rm s fo r one m onth an d u p w ard a re fo r s ta n d in g card s ) The purpose ot tnis state and City Department is to furnish our subscribers with a weekly addition to and continuation of the State and City S upplement, In other words, with the new facts we shall give, the amplifications and corrections we shall publish, and the municipal laws we shall analyze in the “ State and City Department,” we expect to bring down weekly the information contained in the State and City Supplement to as near the current date as possible. Hence if every Subscriber will note in-his Supple onMENT the page designated at the head of each item a reference to the page where the item in the Chboniole can be found, he will at all times possess a complete and fresh cyclopaedia of information respecting Municipal Debts. 125 W. J. Hayes & Son. $8,167; .Seasongood & Mayer, $8,163; Spitzer & Co., $8,187; Deitz, Dennison & Prior, $8,196 70; S. A. Kean, $8,020; People’s Savings Bank, $8,101 21. Interest on the loan is payable semi-annually. Bellevue, Ohio.—(C h r o n i c l e , vol. 58, pages 1002 and 1045.) —Five bids were received on Julyv2 f<r $12,000 of 5 per cent coupon water-works bonds and the loan was awarded to the Illinois Trust & Savings Bank, of Chicago, for $12,245. The bonds are to be dated August 1, 1894, and will be payable at the 1ate of $1,000 yearly, commencing August 1, 1938. In terest will be payable semi-annually (F- bruary and August) at the American Exchange National Bank, of New York City. Bids will again be received until Julv 23 by W. H. Dimick, Corporation Clerk, for the purchase of $6,5 )0 of street improve ment bonds. They will be dated August 1, 1894, will bear in terest at the rate of 5 per cent, payable eemi- mnuallv on Feb ruary 1 and August 1, and will mature part yearly from August 1, 1895 to August 1, 1904, payable at the American Exchange National Bank, New York, and will be exempt from all mu nicipal taxation. Beverly, Mass.—It is reported that Beverly has sold $30,000 of 4 per cent 22-year water bonds to R. L. Day & Co. at 105 187. Five other bids were received for the loan. Chester F ire D istrict, Mass.—James C. Cooper, Treasurer, will receive proposals until July 25 for the purchase of $20,000 of coupon water bonds. The loan will be dated July 1, 1894, will bear interest at the rate of 3 ^ per cent, payable semi-annually (J. & J.), and will mature July 1, 1919. Both principal and interest will be payable at any national bank in either Boston or Springfield, Mass., which the purchaser may designate. The payment of the bonds is guaranteed by the town of Chester, which has no indebtedness. Its assessed valuation is $542,490; tax rate, (per $1,000), $15. Cleveland, Ohio.—(C h r o n i c l e , vol. 58, pages 565, 611 and 831.)—City Auditor W . A. Madison writes the C h r o n i c l e that “ although authority has been given by the Legislature of the State of Ohio to the city council to borrow money for the purpose of building a city hall, it will probably be two years or more before bonds are issued under such authority. The Legislature enacted a law at its last session limiting the debt of Cleveland to a sum not greater than 5 per cent of its valuation ; and as the debt is now within a few thousand dollars of that figure, the city hall project will have to wait until enough old bonds are retired to make the issue legal.” Coxsackie, N. Y.—Village water bonds to the amount of $35,000 will be sold July 31. Interest at the rate of 4 per cent will be payable semi-annually in Coxsackie, a n i the bonds will mature at the rate of $2,000 yearly after ten years from date. Croswell, Mich.—The citizens of Croswell will probably vote on issuing $9,000 of bonds for water-works. D etroit, Mich.—(Chronicle, vol. 58, pages 915 and 1002, and vol. 59, page 38 ) —The follow ing is a list of the bids re Tennessee Bonds Listed on the New York Stock Ex change.—On July 20th State of Tennessee bonds to the amount of $2,069,000 were listed on the New York Stock Ex change. The securities include $469,000 of 4 per cent re demption bonds due October 1,1907; $1,000,000 of 43^ per cent redemption bonds due October 1, 1918, and $600,000 of 4J£ per cent penitentiary bonds due October 1, 1918. The proceeds of the sale of redemption bonds were applied to re tire new settlement 5» and 63 to the amount of $1,349,000. The remainder of the new settlement bonds, $31,900, were re deemed out of the surplus in the State Treasury, The total bonded debt of the State, excluding old bonds not yet pre sented for funding under the Settlement Act of 1883, is at the ceived on July 12 for the $35,000 of 4 per cent 30-vear park present date $15,650,500. It is estimated that the above-men a n d b o u le v a r d b o n d s . B id . tioned old bonds when funded into “ New Settlements” will R. L. D ay & Co., B o ston....... ................................. ..............................110*136 G reenw ich SavingBank. New Y ork— ................... — 1L0'03 aggregate a little short of $1,000,000. The State’s annual in M e rritt & Co., B o s to n .......................................................... 109*69 terest charge is $498,205. The receipts and disbursements are Blodgefc, G. W. D ougherty & Co., New Y o rk ............................................... ...1 0 9 " <5 B rew ster, Cobb & E sttb ro o k , B oston........................................ . . . . 1 0 9 05 reported as follows: E H. Rollins & Sons, B oston ......... ............. ...................................1 0 8 '7 6 F ro m Ju n e l , 1893, to May 31, 1894, in clu siv e, tlie re ceip ts (not in cluding sneoial funds) w e r e .......................$1,773,977 02 F ro m Ju n e 1, 18*3, to M ay 3 1 ,1 3 9 4 , inclusive, th e d is b u rsem en ts (not in clu d in g oaym ents on sp e cial funds) w e r e . . , .............. ................................................................. . 1,599,429 37 T he o rd in ary r u n n in g expenses of th e 8 ta te (w hich i n cludes in te re s t on S tate debt) p e r an n u m a r e .................. 1,322,910 15 W. J. H ayes & Sons. C leveland ______ _____________ _____ ...108*068 L a m p re c h t Bros & Co., C le v e la n d ..................... ................ ...........108*24 T hird N ational B ank, B o s t o n ........................................................1 0 7 * 3 3 E d w ard C. Jo n e s & Co., New Y o r k ..... .......................................... 106*55 Illinois T ru st & S avings B an k , C hicago............................................106 27 Interest is payable semi-annually, and both principal and The assessed valuation is given as $379,919,868, while the interest are payable in gold in New York City. Downingtown, Pa.—(C h r o n i c l e , vol. 58, pages 1083 and real value is estimated to be $700,000,000. The State tax rate 1118.)—James Hamilton, Borough Clerk, writes the C h r o n i is $3 per $1,000. The population, according to the census of c l e that the election held July 16 to vote on issuing $30,000, 1890, was 1,767,518. more or less, of water-works bonds resulted in favor of the proposition. The loan will run 30 years, and a sinking fund be created to pay it off at maturity. The money has U tah to Become a State.—The President has this week will been offered at home should the b mds bear interest at the signed the act enabling the Territory of Utah to be admitted rate of 4 per cent, but the Borough Clerk states that the loan into the Union. A telegram from Salt Lake City dated July will be placed at as low a percentage as can be obtained ; also at as early a date as possible. 17 reads as follows : Dundee School D istrict, No. 8, Kane County, 111.— “ The announcement that President Cleveland had signed the Utah Enabling Act was received with quiet but general (C h r o n i c l e , vol. 58, page 1119.)—Twelve thousand dollars of satisfaction here. The act has been so long anticipated that 5 per cent school bonds were awarded on July 5, to Lyon, it caused no excitement, and the prevailing depression in labor Gary & Co., of Chicago, for $12,168. Interest will be payable and financial circles acts as a dampener to any exhilaration annually, and the bonds will mature at the rate of $2,000 of spirits that might otherwise be manifested. Both Demo yearly from April 1, 1898, to April 1, 1903. crats and Republicans are organizing clubs throughout the East Orange, N. J.—Bids will be received until July 28 by Territory preliminary to the November elections, when a S. M. Long, Township Clerk, for the purchase of $84,000 of Delegate to Congress will be chosen, and in addition mem tax-arrearage bonds. The loan will be dated July 1, 1894, bers of the convention who will meet in March next to and will be payable July 1,1914, with interest at the rate of frame the constitution for the new State.” 4 per cent, payable semi-annually on January 1 and July 1, The bonds are coupon but may be registered >f desired. The assessed valuation of the township is $13,500,000. Bond Proposals and Negotiations.—We have re Elizabeth, N. J.—The City Council has voted in favor of ceived through the week the following notices of l onds issuing $20,000 of bonds for the erection of a new public recently negotiated and bonds offered and to be offered for school house. sale. Eureka, Cal.—The people of Eureka will probably vote on Akron, Ohio.—(C h r o n i c l e , vol. 58, pages 876, 914 and 1081.) issuing bonds for water-works. Fargo, N . D . —(C h r o n i c l e , vol. 58, page 915, and vol. 59, —Five per cent avenue improvement bonds of Akron to the amount of $8,000 were sold on July 14 toLamprecht Brothers page 88.) —City Auditor A. O . Rupert writes the C h r o n i c l e Co. for $8,233. Six other bids were received as follows:— that uo bonds will be issued by the city of Fargo in the near THE CHRONICLE. 126 fVoL. L1X, future. This is in confutation of the report that a water loan of $40,000 would soon be floated. Fort Wayne, Ind.—(Chronicle , vol. 59, page 38.)—There is a current report to the effect that the people of Fort Wayne have voted $13,000 of water-works bonds, but James H. Simonson, Comptroller, writes the Chronicle that no bonds are to be issued by the city at present. Glendale, Ohio.—B. D. Bartlett, Clerk, will receive pro posals until August 16 for the purchase of $6,000 of 5 per cent water bonds. Grand Rapids, Mieh.—(C h o r n i c l e , vol. 58, page 1119.)— On July 16, 1894, the Common Council of Grand Rapids adopted a resolution awarding $ 100,000 of street improve ment and sewer construction bonds to Messrs. Lamprecht Bros. Co., of Boston, at 101'943. The bonds are dated May 1, 1894, bear interest at the rate of 5 per cent, payable semi annually on May 1 and November 1, and mature at the rate of $25,000 yearly from May 1, 1895, to Mav 1, 1898, Both principal and interest will be payable at the office of the City Treasurer. Eighteen bids were received in response to the offering, of which the following is an official list. Humphrey, Neb.—(Chronicle , vol. 58, pages 565 and 650.) Proposals will be received until August 13 for the purchase of water-works bonds. Indianola Independent School District* Iowa. — The $18,000 of 5 per cent 5-10 year refunding bonds of this district were sold on July 9 to N. W. Harris & Co., of Chicago, for $18,024, the purchaser to furnish the blank bonds. Interest will be payable semi-annually, both principal and interest being payable in New York. Ironton, Ohio.—(Chronicle , vol. 58, pages 565, 954, 1046, 1119 and vol. 59, page 3 8 .)-Bids will be received by City Clerk George H. Davis until August 15’h for $10,000 of 5 per cent 20-year sewer bonds. They will be in denominations of $1,000 each, dated July 2nd 1894, and principal and interest will be payable at the National Park Bank, New York. Delivery of the securities will be made at Ironton. Kings County, N. Y.—(Chronicle, vol. 58, pages 692, 787, 832, and vol. 59, page 84.)—We give below an official report to the Chronicle of the prices paid on July 19 for $350,000 of 4 per cent registered Kings County bonds : The city’s bonded indebtedness on June 24, 1894, consisted of $887,OuO of water bonds, $150,000 of City Hall bonds, $360,100 of school bonds and $500,000 of bonds for street improve ments, etc., making a total of $1,897,100. The assessed valu ation for 1894 of real estate is $20,044,135; personal property, $5,216,142; total, $25,260,277. The population, according to local figures, is 100,000. The grand total of the new city budget which was adopted this week by the Board of Aldermen is $406,300. Among the larger items on the list are the following: sewerage and funding bonds, dated October 1, 1894, and ma turing at the rate of $7,000 yearly from October 1, 1924, to October 1, 1941. Interest will be payable semi-annually on April 1 and October 1 at the National Bank of the Republic, Boston, Mass, The total debt of the city, including this issue, is $191,000. Its assessed valuation for 1893 was $4,741,722; actual value, $7,000,000. The estimated population is 12,000. Laurel, Md.—It is reported that the people of Laurel have voted in favor of issuing $30,000 of 5 per cent bonds. Lawrence, Mass.—Chronicle , vol. 58, pages 1002 and 1046.)—It is reported that this city will soon issue 4 per cent bonds to the amount of $350,000. Lorain, Ohio.—An election will be held August 9 to vote on issuing $ 100,000 of improvement bonds. Marietta, Ohio.—(Chronicle , vol. 58, pages 650, 692 and 915,)—It is reported that this city will soon offer for sale $15,000 of sewer bonds. Me Bain, Mich.—(Chronicle , vol, 58, pages 1003 and 1082.) —We are notified by L. Yan Meter, Treasurer, that bids will be received at any time for the $4,500 of 6 per cent water works bonds to be issued. McBain has at present no debt of any kind and its assessed valuation, which is 75 per cent of actual value, for 1894 of real estate is $45,000 ; personal prop erty, $15,000; total, $60,000. Milwaukee, Wis.—(Chronicle , vol. 58, pages 877, 916, 1003, 1046 and 1083, and vol. 59, page 84.)—Five percent school bonds of Milwaukee to the amount of $35,000 have been authorized by the Council. Interest will be payable semi-annually on January 1 and July 1, both principal and interest to be payable at the office of the City Treasurer, and the bonds will mature at the rate of $1,750 yearly, from July 1, 1895, to July 1, 1914. Mount Sterling, Ohio.—An election held at Mount Ster ling to vote on issui&g bonds for water-works and electriclights resulted in the defeat of the proposition. Newton, Mass.—(Chronicle , vol. 58, pages 917, 955 and 1046.) Sealed bids were to be received until yesterday by John A. Kenrick, City Treasurer, for the purchase of $75,000 of 4 per cent water bonds due April 1, 1924. Interest will be payable semi-annually on April 1 and October 1 at the City Treasurer’s office or at the National Revere Bank, Boston. New B ritain, Conn.—Four per cent sewer bonds to the amount of $25,000 have recently been sold. New Haven, Ind.—It is reported that bonds of this town will soon be issued. New Tors City.—(Chronicle , vol. 58, pages 691, 692, 745, 787, 1046 and 1120, and vol. 59, pages 29 and 84.)—Three-andone-half per cent bonds of the City of New York to the amount of $1,892,794 have been authorized for various purposes. Oak Cliff, lex .—Water-works improvement bonds of Oak Cliff to the amount of $10,090 have been voted by the Coun cil, the loan to run fifty years, and bear interest at the rate of 6 per cent. Portland, Oregon.—(Chronicle , vol. 58, page 745.)—Bids will be received until August 6th by Frank T. Dodge, clerk of the W ater Committee of the city of Portland, for 5 per cent 30-year water bonds to the amount of $500,000. The securi ties will be dated July 1, 1893, and accrued interest from July 1, 1894, must be paid by the purchaser in addition to the price P urchaser. A m o u n t. Nam e. Due. Price. K ings Co. Savings Institution.$loO ,O oo C ounty F arm . 1904 l*»4*u0 B idders. Price. D. A. M oran & C o....................... 50,000 “ 1904 103*81 L am p rech t B ro s.’ Co., C leveland........................................ ...............101*943 E . M orrison................................... 3 0 ,0 0 0 14th R e g t.A rm ’y 1903 103*53 It. L. D ay & Co., B o ston ...................................... ............ ................... 101*718 So. B rooklyn Savi’g’s I n s tit’n . 30,000 “ 1904 103*75 B rew ster, Cobh & E stabrook, B o s to n .......................................... ..101*780 « “ . 30,000 “ 1905 103*75 Lee, H iggioson & Co., B o sto n .............................. .......................... ..101*651 “ m “ . 30,000 k 1906 103*75 E . H. R ollins & Sons, B oston............................................. - .................101*650 o “ “ 30,000 “ 1907 103*75 C ushm an, F ish er & Co.. B o s to n ............ .......................................... ..101*625 S tre et, W ykes & C o................... 50,000 “ 1908 103*79 H ay es & Son, C leveland........................................................................101 642 There were in all ten bids received. Interest will be pay T h ird N atio n al B ank, B oston................................................. - ........... 101-420 able semi-annually on May 1 and November 1. One hundred B lak e B io s., B oston.............................................................. 101*290 D ietz, D ennison & P rio r, C leveland................ ................................101*147 and fifty thousand dollars of the amount, known as “ County B lodget, M e rritt & Co , B oston....................................... 100*784 Farm Loan,” will be dated May 1, 1894, and mature May 1,Illin o is T ru st & S avings B ank, Chicago................ .......................... H 0*778 M ichigan T ru s t Com pany, G ian d R a p id s ............... .......................100*750 1904, and the remaining $200,000, known as “ Armory Bonds,” will mature at the rate of $30,000 yearly from May 1, 1903, to R aym ond M orrison, G ran d R a p id s...................................... 100*701 S. A. K ean, < h io ag o ........................................ ...... ......... .....................100*500 1907 and $50,000 on May 1, 1908. Quigley & T u ttle, N ew Y o rk ..................... . . . ............. ....................... 100*377 Laconia, N. H.—Bids will be received until July 30 by C. J . F. G rady, G rand R apids..................................................... $10,000 a t p a r. T hom as M cGuire, G ran d R a p id s ......................................... 1,000 a t p a r. A. Busiel, Mayor, for the purchase of $126,000 of 4 per cent F ite d e p a r t m e n t ....... $93,787 88,175 P o lic e ...................... L a m p ................................ 5 5 ,9 °4 P o o r ............ '..................... 22,773 75 05 00 00 I S a l a r i e s ....___________$27,316 20 I G e n e ra l............................. 19,403 OO I W ater-w orks in te r e s t.. 30,000 00 | City h a ll in te r e s t........... 7,500 00 But few changes were made on the provisional estimates which were originally submitted. Harvard, Neb.—(Chronicle , vol. 58, page 1046, and vol. 59, page 84.)—Proposals will be received until August 6 for the purchase of water-works bonds to the amount of $7,500. Hempstead, N. Y,—The people of Hempstead will vote on August 6 on the question of expending $150,000 for macadam izing streets. Should the proposition carry bonds will prob ably be issued. Highlands, Colo.—(Chronicle , vol. 58, page 1046.)—City Clerk Carrie G. West reports to the Chronicle that the sale of the $40,000 improvement bonds has been postponed until August 7. The loan will be dated July 2, 1894, will bear interest at the rate of 6 per cent, payable semi-annually on January 1 and July 1, and will become due in fifteen years with an option of call after ten years. Both principal and interest will be payable at the office of the City Treasurer or at the Park National Bank, New York City, at the option of the purchaser. •Hillsboro, Ohio.—Village Clerk, L. Ambrose, will receive bids until August 15 for the purchase of water-works bonds to the amount of $10,000. Holyoke, Mass.—(C h r o n i c l e , vol. 58, pages 831,915,953.)— On July 19(h $140,000 of 4 per cent gold bonds, dated July 1, 1894, and payable July 1, 1904, were sold to Messrs. E. H. Rollins & Sons, of Boston, at 103 419. There were in all ten bids received for the loan as follows : B idders. Price. E . H . Rollins & S o n s ................................................ J ........................... 103*419 R. L. D ay & C e.........................................................................................103*167 L ee, H iggiuson & C o ...................... 103*131 T he B aldw in B ros. Co.................................................................... .....1 0 3 * 0 9 G ay & StaDWOod.......................................... ............................................103*09 B lodget, M erritt & C o . . . . . . . ...................................................................103*145 B rew ster. Cobb & E stab ro o k ......................... ..102*567 T h ird N ational B ank, B o sto n ...................................... 102*775 N. W. H a rris & Co................................................................. 102*685 W alter N. L an so n ............................................................. ...................... 102 955 A corrected statement of Holyoke’s debt and general finan cial condition will be found on a following page. Hudson County, N. J.—(Chronicle , vol. 59, pages 38 and 84.)—The official record of a recent meeting of the Board of Chosen Freeholders of Hudson County, N, J., which has been received this week shows that the $100,000 of 4)^ per cent Lunatic Asylum Bonds offered on July 12 were awarded to Messrs. E. H. Rollins & Sons, of Boston, and not to R. L. Day & Co. as erroneously reported last week. The price paid for the loan was 100*17 and accrued interest. The securities ma ture at the rate of $10,000 yearly from January 1 , 1911, to January 1, 19a0. Interest will be payable semi-annually on January 1 and July 1. The bonds are to be registered and may be exchanged according to law.; 127 THE CHROJNICLE. J uly 21, 1894.] bid. Interest on the bonds will be payable in the United Sandusky, Ohio.—(Chronicle, vol. 58, pages 652, 878,1084 States gold coin semi-annually, January and July, at the office and 1122.)—A list of the bids received on July 14 for $39,000 of the City Treasurer of Portland. Two hundred thousand of sewer renewal bonds is as follows: A m o u n t B id. dollars of these securities are to be delivered and paid for on F arso n , L each & Co., C h ic a g o ...............................1 . . . . ............. $39,485 00 August 15th and the remaining $300,000 on September 15th. L am precht Bros. Co , C lev e la n d .................................................. 39,617 00 S pitzer & Co., Toledo....... ...... ........................................................ 39,816 00 The successful bidder will be required to deposit within forty- S. A. K ean, C hicago............ ............................................................ 39,926 30 E. C. Jones & Co., New Y o rk ......................................................... 39,526 50 eight hours after the award a certified check for five per cent M ason, Lewis & Co.','Chicago.............. ............................ ............. 39,955 50 Z. T. Lew is. D a y t o n ................ ........ ............... ................................ 40,075 00 of the par value of the ajnount of bonds bid for. D eitz, D ennison & P rio r, C leveland ............................... 40,267 00 A n advertisement elsewhere in this Department gives fu r Seasongood & M ayer, C in c in n a ti................................................... 40,275 00 M e rritt & Co., B o sto n ............................................... . 40,394 64 ther particulars regarding the securities and stipulations in Blodget, E. H. Rollins & C o.,B oston ............................ .............................. 40,395 81 W. J . H ayes & Sons, C le v e la n d __ : ............................................ 40,485 90 reference to their sale. Racine, TVis.—(Chronicle, vol. 58, page 560.)—It is re R udolph Kley holte & Co., C in cin n ati........................................... 4 0 ,925 00 Interest at the rate of 5 per cent will be payable semi-annu ported that $50,000 of paving and improvement bonds have ally, and both principal and interest will be payable at the been sold. Riverside, Ohio.—(Chronicle, vol. 58, page 651.)—Bids office of the City Treasurer. Two thousand five hundred will be received until August 15 by G. H. Gaffey, Village dollars of the amount will become due July 15, 1897, $2,500 Clerk, for the purchase of $10,000 of street and sewer bonds. July 15, 1898, $7,000 July 15, 1899, $9,000 July 15, 1900, $6,500 July 15, 1901, $6,500 July 15, 1902, and $5,000 July 15, 1903. The loan will bear interest at the rate of 5 per cent. Bids will again be received until August 15 by A.W. Miller, Saginaw, Mich.—Four and one-half per cent 20-year water City Clerk, for the purchase of $83,000 of sewer and paving bonds of Saginaw to the amouat of $10,000 have been sold to bonds. loan will be dated Sept. 1, 1894, will bear inter Messrs. Gay & Stanwood, of Boston, for $10,890. A list of est at theThis rate of 5 per cent, payable semi annually, and will the bids received for the loan is as follows : mature at the rate of $11,000 yearly from Sept. 1, 1896 to 1899, and then at the rate of $6,500 yearly fromSept. 1, 1900to 1905. N. W. H a rris & Co., C hicago......................................... V ........... fiM W 765 00 F a rso n . L each & Co., Chicago....................................... ............ 10,590 00 Principal and interest will be payable at the office of the City L am p rech t Bros, r o ., C leveland................................................... 10,770 00 Treasurer. 10,827 50 C ushm an, F ish er & Co., B o sto n ......... ................................. The bonded debt of the city is at present $482,200; floating Q uigley & T u ttle, New Y o i k ......... ........................1................... 10,172 00 T h ird N atio n al B ank, B o s to n ............ ................ ...................... 10,784 50 debt, $21,350; total debt, $503,550. The population, according K. L. Day & Co., B oston.................................................................. 10,818 80 to local figures, is 20, 000. B re w ste r, Cobh & B stahrook, B oston.......................................... W. J . H ay es & Sons, C le v e la n d .................................................... B lodget, M erritt & Co., Boston................................................... . M ason, Lewis & Co., Chicago......................................................... S p itzer & Co., T o le d o .................................................................. . B lak e Bros. & Co., Boston ............................ ............. .............. H linois T ru st & Savings B ank, C hicago........... ................ . S. A. K ean, Chicago......................................................................... E d w ard C. Jo n e s <fc Co., New Y ork............................................... C. H . W hite & Co.. New Y o r k ................................... ................... D eitz, D ennison & 3rio r, C leveland .......................................... Clay & S tanw ood, B o sto n ..................... ........................................ NEW LOANS. PR O PO SALS FO R $ 5 0 0 ,0 0 0 1 0 ,8 13 00 10,790 00 10,808 40 10,453 OO 10,707 00 10,778 00 10,492 00 9,900 00 10,585 00 10,820 00 10,787 00 10,890 00 Sioux City, Iowa.—The people of Sioux City voted at a recent election in favor of issuing $300,000 of bridge bonds. South Bend, Ind.—(Chronicle, vol. 58, page 1048.)—It is reported that this city has sold $20,000 of 5 per cent water bonds. South Wayrfe, Ind.—The people of this village have voted in favor of issuing bonds. NEW LOANS. NEW LOANS. State of Massachusetts German-American Investment Co., Gold 3 l-2 s, 1920 and 1924. Detroit, Mich. Water Bonds of Portland, City of Gold 4s. Nov.. 1924. Oregon. City of St. Louis, Mo. Of f ic e of t h e W a t e r Com m ittee o f t h e ) Cit y o f P o r t l a n d , Or e ., Ju ly 18,1894. t Gold 4s, July, 1918. Sealed proposals will be received a t th is office u n til Monday, A ugust 6th, 1894, a t 3 P. M., fo r th e Prices and Particulars upon application. w hole or any p art of two hundred th o u san d dollars ($200,000) of th e bonds of said city in denom ina tio n s of one th ousand dollars ($1,000) each, dated J u ly 1st. 1893, payable th irty (30) years from date and bearing in te re st a t th e ra te of five (5) per cent p er annum , payable on th e first days of Jan u a ry and 40 Water Street, Boston, Mass. Ju ly of each year. Principal and in te re st payable i n U. S. gold coin a t th e office of th e T reasu rer of «aid city, said bonds to be paid fo r and delivered to th e purchaser on th e fifteen th day of A ugust, 1894, th e bidder to pay th e accrued In terest from J u ly 1st, 1894, to d a te o f delivery in addition to th e price bid; also fo r purchase of th e w hole or any City of New York 3%s. p a rt o f th re e hun d red th o u san d dollars ($300,000) of City of Brooklyn 4s. th e sam e series of bonds, to be paid fo r and deliver ed to th e purchaser on th e fifteen th day of Septem City of Elmira« N. Y„ 4s. ber, 1894, th e bidder to pay th e accrued in te re st from City of Detroit, Mich., 4s. J u ly 1st, 1894, to d ate of delivery in addition to th e price bid. T hese bonds are issued u n d er au th o rity City of Derby, Conn., 4s. o f an A ct of th e Legislative A ssembly of Oregon, City of Salt Lake, Utah, 5s. passed F ebruary 10th, 1893. The proceeds to be City of Tacoma, Wash., 5s. used fo r th e construction of w ater w orks and will be delivered w ith coupons a ttach ed fo r in te re st City of Denver, Col., 4s. from Ju ly 1st, 1894. T he successful bidder will be Our circular mailed upon application. req u ired to deposit w ithin forty-eight h ours a fte r th e aw ard o f th e co n tract a n approved certified check fo r five per cent o f th e p ar value of th e a m o u n t of bonds bid for, payable a t P ortland, Ore gon, to th e order of th e Clerk o f th e W ater Com m ittee of th e City of P ortland, Oregon, as liquidated 2 WALL ST., N. Y. dam ages in case th e bidder should tail or neglect to ta k e and pay fo r th e bonds according to th e term s of th e proposal and th e contract. The rig h t to re je c t any or all bids is reserved. T he sealed en velopes containing proposals should be addressed to th e undersigned and m arked “ Proposals fo r p u r chase of W ater B onds.” By order of th e W ater Committee. FRANK T. DODGE, N O N -T A X A B L E Clerk of th e W ater Committee. R. L. Day & Co., July Investments. Farson, Leach & Co., $ 100,000 C IT Y OF B U F F A LO 8 1-2% Registered Refunding Bonds, $ 3 6 ,0 0 0 Dawson Co., Montana, 5% Bonds. Due 810,000 annually from July 1,1895 to July 1 ,1 9 0 4 . Price and Particulars upon Application. Street, Wykes & Co., 44 WALL STREET, - NEW YORK. Bids will be received by th e Board of County Com m issioners a t Glendive, D awson County, Mon $250,000 ta n a , until A ugust 14th, 1894, fo r th e purchase of th irty-six bonds of th e denom ination of One T ho u s a n d D ollars ($1,0* 0), each bearing in te re st a t th e 6%Modesto Irrigation Dist. Gold Bonds ra te of five per cent, payable, sem i-annually. Said bonds will be payable tw en ty years from d ate of Interest Payable Semi-Annually. issue, or any tim e a fte r te n years, a t th e option of th e county. Are issued fo r r.he purpose of re fu n d P aid by th e power of tax atio n . F irst lie n on th e ing outstanding indebtedness. In te re s t and prin land. For bank and o th er references apply to cipal payable a t th e Chase N ational B ank of New Y ork City. ffW. E. HOLBROOK, —¥ ** By order_of;the Board of County Com m iS^^nersJI ALEX. S. G ILLESPIE, T re er* M it 60 Wall;St., New York". 52 WALL ST., NEW YORK. (G round Floor, opposite Custom H ouse.) Chicago Office t 607 Tacoma Building. July Investments. City Youngstown, Ohio.................5s and 6s. City Toledo, Ohio............................ 5s. City Omaha, Neb..................... ......... 5s. City Portland, Ore.............................5s. City Aurora, 111.......................... ......6s, Asbury Park, N. J ................ 5s. Anderson, Ind......................................6s. Skagit County, Wash.......................6s. Iron County, W is................................6s. Richfield Springs, N. Y...................4s. Dunkirk, N. Y .................................... 4s. Lansingbnrg, N. Y .............................4s. And other Choice Municipal Bonds for In« vestment by Savings Banks and Trustees. Descriptive Circulars upon Application. C I T Y BONDS Netting from 4 Per Cent to 6 Per Cent. W rite fo r description of choloe securities issued by cities of good financial standing, w ith population ranging from 20,000 to 150,000. C. H. W H IT E & CO., B A N K E R S, 72 BRO ADW AY, - NEW YORK W. j . Hayes & Sons,^ BAN K ER S, Dealers in M U N IC IP A L B O N D S . S treet Railway Bonds a nd o th e r high g rade in vestm ents. 311-313 Superior 1 Exchange F l a c r , ^ ^ 4042 W all S t, N6W York, Cable Address. ••KENNETH.” 128 THE CHRONICLE. Stark Co., 0.—(C h r o n i c l e , vol. 58. page 1122.)—On July 12th $100,000 of Starts: County Court House bonds were sold to the First National Bank, of Niles, Ohio, theirs being the highest of twenty-one bids. The loan will be dated July 12, 1894, and will become due at the rate of $10,000 yearly from July 12, 1904, to July 12, 1913. Interest at the rate of 5 per cent will be payable semi-annually, both principal and inter est to be payable at the County Treasurer’s office. West Chester, P a.—(C h r o n i c l e , vol. 59, page 39)—Bor ough Treasurer William S . Underwood writes the C h r o n i c l e that no bonds will be issued at present by the borough of West Chester. We reported two weeks ago that public improve ment bonds to the amount of $30,000 had recently been authorized. [V ol. LIX STATE AND CITY DEBT CHANGES. We subjoin reports as to municipal debts received since the last publication of our S t a t e a n d C i t y S u p p l e m e n t « Some of these reports are wholly new and others cover items of information additional to those given in the S u p p l e m e n t > and of interest to investors. G rant County, Kas.—(S t a t e a n d C i t y S u p p l e m e n t , page 128.)—A special report from C. A. Maxwell, County Treasurer, gives the following statistics concerning the county’s finances on May 21, 1894. It will be noticed that the figures of valua tion for 1893 are much lower than those for 1892 and 1891. In reference to this matter the Treasurer writes: “ In my op'nion the valuation of land in 1892 and 1891 was too high, as land in this county, as everywhere else, has decreased in value during the’last five years.” County seat is Ulysses. W illim antic, Conn.—(C h r o n i c l e , vol. 59, page 85.)—We have received this week a letter from City Treasurer Hubert A. Sanderson correcting the report that Wil imantic would issue sewer bonds. The city, he says, can issue no bonds until authority is procured by an act of the next Legislature, Ja n u ary, 1895. LO A N SWhen Due. T ax v alu atio n , p e r s o n a l...$26,239 n d in g — T otal v alu a tio n 1893......... 788,006W inton Place, Ohio.—(C h r o n i c l e , vol. 58, page 1123 and 6s,F uJ& J, $40,000..........J u 1 ,1 9 1 9 A ssessm ent is % a c tu a l value. vol. 59, page 85 )—Five bids were received on July 16 for the 6s, J& J, 20,000........ Ja ly n . 1 ,1 9 2 0 T otal t a x (uer $1,000)....... 2 0'00 $1,944 56 of street improvement bonds, and the loan was 6s, J& J , 7,600.S ept. 1 ,1 9 2 0 T otal v a lu a tio n 1892...$1,117,320A ssessm ent is *2 a c tu a l v alue. awarded to Seasongood & Mayer for $2,014 81. The bonds 6s, J& J, 11,000........M ay 1 ,1 9 2 1 d eb t M ay 2 1 ,1894.$78,600 T o ta l v a lu a tio n 1 8 9 1 ...$ 1 ,0 2 9 ,1 8 7 are dated July 16, 1894, and will become due part yearly Bonded F lo atin g d eb t........................ 20,< >00 P o p u latio n 1890 w a s...............1,308 in from one to 10 years. Interest will be payable annually at T o ta l d eb t M ay 2 1 ,1 8 9 4 .. 98,600 P o p u latio n 1880 w a s............... 9* the rate of 6 per cent, both principal and interest being T a x v alu atio n , r e a l............. 761,767 County h a s no siuking fun d . payable at the office of the Village Treasurer. IN T EREST on th e b o nds due in 1919 is p a y ab le a t th e K a n sa s F is c a l Yonkers, N. Y.—(C h r o n i c l e vol. 58, pages 694,746 and 957.) A gency; o n a ll o th e rs a t New Y ork. P erry County, Ind.—(S t a t e a n d C i t y S u p p l e m e n t , page —Bids will be received until July 23 by William F. Nesbit, Chairman of the Finance Committee, for the purchase of 90.)—A report received from M. A.;Eberhard, Treasurer, gives $57,000 of 4 per cent registered bonds of the city of Yonkers the following data concerning the county’s finances. issued to the Board of Education. Interest will be payable County seat is Cannelton. semi-annually on April 1 and October 1, $2,000 of the amount maturing April 1, 1925, and the remainder at the rate of T o ta l d eb t J u n e 1 ,1 8 9 4 .. $96,525 T o ta l v alu atio n 1 8 9 4 .. .$3,484,820 S io k in g fu n d ................... 26,000 A ssessm ent is 3 5 a c tu a l value. $5,000 yearly from April 1, 1925, and the remainder at the N e td b t J u n e 1 ,1 8 9 4 ... 70,525 A ver, ta x (per $1,000) 1 8 9 3 .$ 1 8 T 5 rate of $5,000 yearly from April 1, 1926, to April 1, 1936. The T ax vealu atio n , re a l........ 2,284,145 P o p u la tio n i n 1890 w a s ___1 8,240 T a x v a lu a tio n , p erso n ’l.$ l,2 0 0 ,6 7 5 P o p u la tio n in 1894 (e st.)...2 1 ,3 7 5 bonds will be dated and delivered August 1, 1894. N EW LOANS. MUNICIPAL BONDS N EW LOANS. M ISCELLA N EO US. Rudolph Kleybolte & Co., NOW READY. Investment Bankers, HAND-BOOK 30 West Third Street, FOK INVESTMENT. OF Cincinnati, Ohl«. Choice investment Bonds of Cities, Counties and School Districts. PARTICULARS tPON APPLICATION. Railroad Securities. DESCRIPTION, INCOME, PRICES, DIVIDENDS». LISTS M A ILED UPON APPLICATION. MKMBTCRS OF THE NEW YORK AND BOSTOI* STOCK nXCHANGES. DEALERS IN COMMERCIAL PAPER. Blake Brothers & Co., »8 STATE STREET, BOSTON. 5 NASSAU ST., NEW YORK. Edward Morton & Co., 53 Broadway, New York. (Issued Semi-Annually by th e Publishers of the. S p e c ia ltie s: M UNICIPAL, STR EET R A IL W A Y BOND? and BANK STOCKS. JU LY, 1894. MORTGAGE LOANS IN TEXAS. 7 Per Cent and 8 Per Cent Net. NO COMMISSIONS charged borrower or lender until loans have proven good. W. N . Coler & Co., FRANCIS SMITH & CO., SAN ANTONIO, TEXAS. BANKERS. M UNICIPAL BONDS. 34 NASSAU STREET. Geo. M. Huston & Co. BOND AND STOCK Chronicle Numbers Wanted. Jan. 3 and March 7, 1885» April 3,1886; Feb. 25, March 17, April 7, 14, May 12, Jane 30, 1888» Oct. 1», 1889» Dec. 27, 1890; Jan. 17, 1891; Dec. 10, 1892» also Supplements March, 1892, and Jan., 1893. Fifteen cents a copy will be paid for any of the above. WM. B. DANA & CO., 7614 Pine Street, NEW YORK. DEALERS We buy and sell outright all Western Municipal Bonds and Stocks. We cheerfully furnish full and reliable in formation concerning any WeBtem se curity without charge. Monthly quo tation circular mailed to all applicants. New issues of municipal bonds wanted. Given & Sicard, Mechanical and Civil Engineers. General Engineering. Drawings. Patents. Specifica tions. Engine Tests. Plans and Reports, Supervision of Construction. 805 PINK ST R E E T , ST. LOUIS, EOS 925 CHESTNUT ST., PHILADELPHIA. FOR A SERIES OF YEARS. Co m m e r c ia l a F in a n c ia l c h r o n ic l e .) CONTENTS. A D escrip tion o f R R . s to c k s and? B o n d s a n d a St a t e m e n t o f t h e I n c o m e fo r fo u r y e a rs p a s t, as w ell a s th e an im al charges a g a in st incom e. M onthly H igh est an d L o w est P r ic e s o f R ailroad B onds and Stocks in N e w Yo r k , B oston , P h il a d e l ph ia and B a l t i m ore fo r th e y e a r 1893 an d to J u ly 1 ,1 8 9 4 . T en-Y ear R an ge in P riee s o f A etive Stocks—B eing d a te of hig h est a n d lo w e st priees m ad e in each y e a r from 1885 to 1893 inclusive a n d to Ju ly 1 ,1 8 9 4 . D ividends o n R a ilro a d Stocks p aid d u r in g each of th e y e a rs 1888 to 1893 in c lu siv e , a n d to J u ly 1 ,1 8 9 4 . Gross a n d Net Warnings to la te s t d a te s in 1894, in com parison w ith th e corresp o n d in g periods of 1893. Price in Buff Leather Covers, $1 00. To Subscribers of the Chroniele, 75. WOT. R . DANA COMPANY, 7 6 ^ i P in e Street, - NEW YORK* THE CHRONICLE. J u l y 21, 1894.] 129 1879, th e city receiv in g a dividend of 5 p e r c e n t th e re fro m in 1893 an d $6,795 in 1890. ASSESSED VALUATION —T he city’s assessed v a lu a tio n an d ta x r a te h av e b een as follow s, r e a l e s ta te being ta k e n “ a t ab o u t 60 p e r ce n t cash v alu e.” ,------------------Assessed V aluation.------------------R a te o f Tax Tears— R eal P ersonal Total p e r $ 1,000. $6,617,105 $25,649, 55 $15-80 1 8 9 3 .. . ...... $19,032,550 1 8 9 2 .. . . ... 18,231,520 6,241,765 24,473,285 17-50 5,158,955 22,073,825 18-00 1890.................. 16,914,870 1886.......................................... ............. 16,874,635 18-20 LOANS— ,— Interest.— , .------------ P rincipal.------------ , 18 8 2 ........................................ ... 1 13,374,005 15-40 NAME OR PURPOSE. Rate. P ayable. W hen Due. Outstanding. T he to ta l t a x r a te fo r 1893 in clu d ed c ity an d school ta x , $14-46; B rid g e bonds, 1891............. 4g M & 8 Sept. 1, 1911 $85,000 “ ............. 4 ........ J u ly 1, 1914 105,000 co u n ty ta x , $0"74, a n d S ta te ta x , $0-60. C ity b o n d s.............................. 6 A & O Oct. 1, 1899 271,000 POPU LATION—I n 1890 p o p u latio n w as 35,528; in 1880 i t w as 21,“ 4= M &8 Sept. 1,1898 125,000 9 1 5 ; in 1870 i t w as 10,733; in 1893 (according to lo cal figures) i t w as “ 4 J &J J u ly 1,1904 140,000 Sew er b o n d s ........................... 4 M & N M ay 1, 1913 50,000 40,865. “ 4 A &O Oct. 1,1913 100,000 250,000 W ater lo a n .............................. 6 J & J J u ly 1, 1900 Mattoon, 111.—(State and City Supplement, page 95.)— H olyoke & W estfield R R . 4 J & J J u ly 1, 1913 60,000 do do 4 A & O Oct. 1, 1910 166,000 John F. Scott, Mayor. T. M. Lytle, Treasurer. The follow C ity n o te s.............................. V ar. V arious V arious 276,000 ing statement of the finances of the city of Mattoon has been INTEREST on th e w a te r bonds is p ay ab le a t th e C ity T re a su ry ; on corrected by means of a special report to the Chronicle, a ll o th e r bonds a t th e H ide & L e a th e r N a tio n al B an k , B oston. This city is in Coles County. T O T A L DEBT, SINKING FUND, ETC .—T he subjoined sta te m e n t LOANS— W hen Due. T ax v a lu a tio n 1 8 9 3 ........$865,^OO show s H olyoke’s to ta l m un icip al d e b t a n d th e sinking fu n d held b y th e F u n d in g B o n d s A ssessm ent is T623% a c tu a l value. c ity a g a in s t th e sam e on J u ly 1 ,1 8 9 4 , a n d o n th e first of J a n u a ry , 68, M ar., $ 2 5 ,0 0 0 ....M a r. 2 2 ,1 8 9 5 T otal ta x (per $1.00 >)......... $52 30 6s, M a r , 1 5 ,0 0 0 .... Mar. 2 2 ,1 9 0 0 P opulation in 1~99 w as__ 6.837 1 8 9 4 ,1 8 9 3 a n d 1891, ..5 ,7 3 g J u ly 1 , ’94. J a n . 1, ’94. J a n . 1, ’93. J a n . 1, ’91. 4*«s. M ay ,25,000 ...M a y 3 ,1 9 1 0 P opulation in 1880 w a s T otal d e b t M ay 2 0 , 1 8 J4 ..$ 6 5 ,o 0 0 P o p u la tio n in 1894 ( e s t.)....8 ,5 0 0 T o ta l d e b t.................... $1,488,000 $1,491,500 $1,282,500 $1,068,000 426,221 426,219 370,593 257,472 S in k in g fu n d s.............. Holyoke, Mass.—(Chronicle, vol. 58, pages 831, 915 and 953.)—M. H. Whitcomb, Mayor. The figures of total debt, etc., as given in the following statement, have been corrected to July 1, 1894, by means of a report received from Pierre Bonvouloir, City Treasurer. Since that date city bonds to the amount of $140,000, as recorded in the bond table, have been sold. This city is in Hampden County. N et d e b to n Ja n . 1.$1,061,779 $1,065,281 $911,907 $810,528 W ater debt,incl. above $250,000 $250,000 $250,000 $250,000 Of th e s in k in g fu n d as above given fo r J u ly 1 ,1 8 9 4 , $235,148 w as fo r o rd in a ry city bonds, th e b alan ce, $191,073, b ein g fo r w a te r debt. “ T he w a te r b o n ds a re n o t re a lly a c ity d eb t, a s th e in te re st, sin k in g fu n d a p p ro p ria tio n a n d r u n n in g expenses of th e w ater-w o rk s a re p a id fro m th e earn in g s.” T he receip ts in 1893 w ere $93,166 92. CITY PROPERTY—T he city h a s, besides th e sinking fu n d above described, $226,500 H olyoke & W estfield R R . stock. T his ra ilro a d is leased to th e N ew H av en & N o rth am p to n a n d h a s p a id dividends since Walla Walla, Wash.—John L. Roberts, M ayor; Henry Kelling, City Clerk. A report to the Chronicle gives the financial condition of Walla Walla on July 1,1894, as follows : Walla Walla is in Walla Walla County. LOANS— T a x v alu atio n , re a l....... $2,241,485 T a x v alu atio n , p ers’n ’l . 1,161,041 6s, J& J , $ 40,000.........J a n . 1 ,1 9 1 2 T o ta l v a lu a tio n 1 8 9 4 ... 3,402,526 A ssessm ent is 35 a c tu a l value. B onded d e b t Ju ly 1 ,1 8 9 4 .$ 4 0 ,0 0 0 F lo atin g d e b t..............— . 38,529 P o p u la tio n in 1890 w a s......... 4,709 T otal d eb t J u ly 1 ,1 8 9 4 .... 78,529 P o p u latio n 1894 (estim ated ).8,085 INTEREST is p a y ab le a t th e C hem ical N atio n al B ank, N. Y. City. F u n d in g B o n d s — CH ICAG O. CH ICAG O . Title Guarantee & Trust Company Jamieson & Co., OF CHICAGO, 99, »4 A 96 WASHINGTON STREET. Capital, paid-up................ ......... $1,690,000 Undivided earning«» Including surplus............................................. 939,000 Deposited with State Auditor. . 900,000 STO CK S—B O N D S, «embers New York and Chicago Stock Exchanges' 187 DEA RBO RN STREET, Chicago. Ills. W hen Due. M ISCELLA N EO US. 1850. 1894. The United States Life Insurance Co. IN T H E CITY OF NEW YO RK . OFFICERS. GEORGE H. BURFORD, President. 0. P. FRALEIGH.......... ..........................Secretary A. WHEELWRIGHT.................Assistant Secretary1 GUARANTEES TITLES TO REAL ESTATE. WM. T. STANDHN.............. Actuary MAKES ABSTRACTS OF TITLE. MORTGAGE BANKERS, ARTHUR C. PERRY.......................................Cashier Oiler« Investor« in real estate securities 195 LA SALLE ST R E E T , CHICAGO. 10HN P. MUNN............................. .Medical Director* protection afforded by ne other system of FINANCE COMMITTEE. First Mortgages for sale In large and small amounts doing business. investors 5, 5^ and 8 per cent, secured by GEO. G. WILLIAMS.......... ..Pres. Chem. Nat, Bank Is authorized by law to set as Registrar of Stookt netting improved and Income-bearing Chicago city property. JOHN J. TUCKER.......... ......... Builder and Bonds, Executor, Receiver and Trustee for Principal and Interest payable In Gold. B. H. PERKINS, J r ., Pres. Imp. A Traders’Nat. B’k Estates, Syndicates, Individuals and Corporations. The two most popular plans of LIFE INSURANCE CORRESPONDENCE SOLICITED. Trust moneys and trust securities kept separate are the CONTINUABLE TERM POLICY whioh gives tv the Insured the greatest possible amount of from the assets of the Company. Indemnity In the event of death, at the lowestpossU 6% and 7% Gold Mortwan-es. CORRESPONDENCE SOLICITED. ble present cash outlay; and the GUARANTEED POLICY whioh embraces every valuable Interest Allowed from Date of Receipt of Money INCOME feature of Investment Insurance, and whioh in tne OFFICERS: event of adversity overtaking the Insured maybe E. S. D R EYER & CO ., GWYNN GARNETT, President. used as COLLATERAL SECURITY FOR A LOAN, CHICAGO, ILL to A. H. SELLERS, Vice-President Mortgage Bankers, the extent of the full legal reserve value thereof* First Mortgage Loans on Improved Productive In accordance with the terms and conditions of these ARCHIBALD A. STEWART, Secretary. Real Estate Centrally Located. policies. CHAS. R. LARRABEB, Treasurer. Good Agents desiring to represent the Company SOY e a r s Bu s in e s s W it h o u t L oss to I n v e st o r s . are FRANK H. SELLERS, Trust Officer. Invited to address the President at Home Office Address all communications to Eastern Office DIRECTORS: Gwynn Garnett Chao. W. Drew, Astor Building, 9 Pine Street, New York W. D. Kerfoot, John P. Wilson, Horace G. Chase, Bdson Keith, John G. Shortall, Geo. M. Bogus, D A k i n C YIELDING AN INCOME OF John DeKoven, A. H. Sellers. d U N U O 4% TO 6% Samuel B. Chase, Office Filing V COUNSEL: CITY, MASON, LEW IS * C O ., Bankers Desks j Cabinets W. O. Goudy, John P. Wilson ■ COUNTY 171 LA SALLE STREET, A. w . Green A. M. Pence. SCHOOL SEND FOR LISTS. CHICAGO. F ix tu re s and Special W ork to o rder Private wire to New York and Philadelphia. Loeb & Gatzert, I^Busi ness *#FuVniUu*e.#*2 A. G. Becker & Co., The Mutual Benefit (INCORPORATED) SUCCKSSORS TO L I F E IN S U R A N C E CO., N E W A R K , N . J HERMAN SCHAFFNER & CO., AMZI DODD, P resident. 154 La Salle Street, - Chicago, 111. A ssets (M arket V alues) Jan. 1,1894.......... 153,346,092 Liabilities (N. V. and Mass. S ta n d a rd ).... 49,742,302 Surplus............................................................... 8,603,790 Surplus, by form er N. Y. Standard, (Am. Ex. 4J6 per cen t R eserve).......................... 6,385,707 A . O. SLAUGHTER, M ember N. Y. Stock E xchange WM. Y. BAKER, M ember Chicago Stock E xchange POLICIES ABSOLUTELY NON-FORFEITABLE AFTER SECOND TEAR. A. O. Slaughter & Co., In Case o f Lapse th e Policy Is c o n tin u ed i n fo r c e as long as Its value will pay fo r; or if preferred, a Paid-up policy fo r its full value Is issued in exchange. A fte r th e second year Policies are in c o n t est a b l e , and all restrictions as to residence, travel or occupation are removed. Ca s h l o a n s are m ade to th e e x te n t of 50 per cent o f th e reserve value, w here valid assignm ents of th e policies can be m ade as collateral security. L osses paid im m ediately upon com pletion and approval o f proofs. C O M M E R C IA L PAPER , B A N K E R S, 1 1 5 -1 1 7 LA SA LL E STR E ET, CH ICAG O , IL L S . Chicago Securities Bought and Sold. THE GLOBE C O . , Ä Ä , 8ECURE ¿5 BAN K VAU LTS. G E N U IN E WELDED CHROME STEEL AND IRON a Round and Flat Bars and 5-ply Plates and Augi«> FOR SAFES, VAULTS, Ac. Cannot be Sawed Cut, or Drilled, and positively Burglar-Proof. c b r o ju e s t e e l w o r k s , Sole Manners inthe.U. S. BROOKLYN, N, )30 rvoL. Lix, THE CHRONLCLE, %xnst (ZompunUs. Union Trust Company United States Trust Co. OF NEW YORK. 80 Broadway, New York. CAPITAL SU RPLUS ■ - - - - $ 1 , 0 0 0 ,0 0 0 — - - $ 4 ,7 0 0 ,0 0 0 A uthorized to a c t as Executor, A dm inistrator, Guardian, R eceiver o r T rustee, and is A LEG A L DEPOSITORY FOR MONEY. A cts as T ru stee of m ortgages o f corporations, and accepts th e tra n s fe r agency and registry of stocks. Allows in te re st on deposits, which m ay be m ade a t any tim e, and w ithdraw n on five days’ notice, w ith in te re s t fo r th e w hole tim e th e y rem ain w ith th e company. F o r th e convenience o f depositors th is company also opens c u rre n t accounts subject, in accordance w ith its rules, to check a t sight, and allows in te re st upon th e resu ltin g daUy balances. Such checks pass th ro u g h th e Clearing H ouse. A tten d s specially to th e MANAGEMENT OF R EA L ESTA TE and to th e collection and re m it tan ce of rents. I t m akes ample provision in its NEW BURGLAR AND F IR E PROOF VAULTS fo r th e safe keeping o f securities placed in its cus tody, on w hich it collects an d rem its income. TRUSTEES: H . V an R ennsl’r Kennedy, W m. W hitew right, Jam es H . Ogilvie, R. T. Wilson, Jam es T. Woodward, W in. F. Russell, C. V anderbilt, C. Dt W ood, G. G. Williams, D. C. Hays, R. G. Rem sen, W m. Alex. Duer, A m asa J . Park er, Charles H . Leland, Samuel F. Barger, Edw ard King, R obert Goelet, E. B. Wesley, W . Em len Roosevelt, D. H . McAlpin, Chauncy M. Depew. George B. C arhart EXECUTIVE COMMITTEE: • W m. W hitew right, E. B. Wesley, D. C. H ays, C. D. W ood, W m. A. D uer, Jam es T. W oodward, G. G. W illiam s W . Em len Roosevelt. EDW ARD KING, P resid en t. CORNELIUS D. W OOD,) -Vice-Presidents J AMES H . OGILVIE, J Vlce rTeslQents‘ AUGUSTUS W . KELLEY, Secretary. J . V. B. TH A Y ER , A ssistan t Secretary. ManhattanTrustCompany. CAPITAL.................................$1,000,000. CORNER OF WALL & NASSAU STREETS. A Legal Depository for Conrt and Trust Funds aud General Deposits. Liberal Rates of Interest paid on Balances. John I. Waterbury, President. Jo h n Kean, Jr. .Vice-Pres. Amos T. French, 2dV-Pres. Chas. H. Sm ith, Sec’y. W.Pierson Hamilton,Treas. Directors 1894: August Belmont, John K ean, Jr., H . W. Cannon, Jo h n H ow ard L atham . R. J . Cross, Jo h n G. Moore, R udulph Ellis, E. D. Randolph, John R. Ford, Jam es O. Sheldon, Amos T. French, E dw ard Tuck, Jo h n N. A .Grisw old. Jo h n I. W aterbury. H . L. Higginson. R . T. Wilson. Mississippi Valley Trust Company, 80S N. 4th Street, St. Louis, Mo. Capital and Surplus................... $3,000,000 UND ER STA TE SUPERVISION. 300,000 deposited with State Officer tOi protect trust liabilities. A G EN ERA L TRU ST COMPANY BUSINESS. Allows In te re s t on D eposits. A uthorized to a c t as Executor, G uardian, Receiver, T ru stee, &c. M anages E states. Collects R ents. Becomes Surety on all kinds o f C ourt Bonds. H as Safety D eposit V aults; a Savings D epartm ent. INVESTM ENT SECURITIES A SPECIALTY. DIRECTORS. Charles Clark, Geo. H . Goddard, Thos. T. T urner, Jo h n D. P e rry Jam es Campbell, Wm . F . N olker, J.T .D rum m ond, A u g u st Gehner, P. O’Reilly, M.D., 8. B. Hoffman, Ju liu s 8, W alsh, oam .M .K ennard, D. W. C aruth, W illiam son Bacon Aug. B. Ewing, Thos. E. T u tt, B reckinridge Jo n es E lm er B. A dam s, David R .Francis, H en ry H itchcock OFFICERS. J u l iu s 8. W a l s h , P resid en t. Da v id R. F r a n c is , 1st V ice-President. Br e c k in r id g e J o n e s , 2d Vlce-Pres’t. D e L a c y Ch a n d l e r Secretary St. Louis Trust Co., CORNER 4th AND LOCUST STREETS, [St. Louis, l o . Capital and Surplus, . DIRECTORS: $3,006,00 Jo h n T. Davis, A lvah M ansur, D aniel Catlin, Edw ard S. Rowse. Sam ’l W. Fordyce, Jn o . A. Scudder, A dolphus Busch, Edw ard C. Simmons, H en ry C. H a arstick ,; Edw in O. Stanaro, W m. L. H use, J . C. V an Blarcom, Chas. D. McLure, Edw ards W hitaker. THOS. H . W EST, P resident. J OHN D. FIL L E T . Secretary. A . C. STEW ART, Counsel. E xecutes T ru sts o f every description' A cts as Regis ta r T ran sfer A gent, etc. 45 and 47 Wall Street. CAPITAL AND SURPLUS, TE N MILLION D O LLAR S. This company is a legal depository fo r m oneys paid Into court, and Is authorized to a ct as guardian, tru s te e or executor. INTEREST ALLOWED ON DEPOSITS which m ay he m ade a t any tim e and w ithdraw n a fte r five days’ notice, and will be entitled to in te re st fo r th e whole tim e th e y m ay rem ain w ith th e company, Executors, A dm inistrators or T rustees of E states, Religious and B enevolent In stitu tio n s a nd indi viduals w ill find th is Company a convenient de pository fo r m oney. JOHN A. STEWART, President. GEORGE BLISS, V ice-President. JAM ES S. CLARK .Second V ioe-Pres’t. HENRY L. THORNBLL, Secretary. LOUIS G. HAM PTON, A ssistant S ecretary. Daniel D. Lord, Samuel Sloan, D. W illis Jam es, Jo h n A . Stew art, Jno. H . R hoades, A nson P . Stokes, Chas. 8. Smith, TRU STE JUS: George Bliss, W m. Lib bey, John C. Brown, Edw ard Cooper, W . B ’y’d Cutt'ncr, W m .Rockefeller, Alex. iff rtrt, Jo h n Claflin, W m .H . Macy, J r„ W m. D. Sloane, G. H . Schwab, F ran k Lym an, Geo. F . Vietor, W. W ald. A stor, Jam es Stillm an. AM ERICAN L O A N AND TRUST CO M PANY, B O ST O N , H A SS. CAPITAL, $ 1 ,0 0 0 ,0 0 0 SURPLUS, 500,000 A legal depository of moneys paid into Court and for Administrators, Exeoutors, Guardian* ant Trustees INTEREST ALLOWED ON DEPOSITS. Trustees under Mortgages, Transfer Agents a c t Registrars of Stock. BOARD OF DIRECTORS. John Q. Adams, David P. Kimball, Oliver Ames, George C. Lord, Edwin F. Atkin*, 8. B. Peabody, Isaac T. Burr, Albert A. Pope. Samuel Carr, Alexander H. Rio* Benjamin P. Cheney, N. W. Rice, F. Gordon Dexter, R. B. Robbins, Henry D. Hyde, W. B. Thomas. 8. BNDICOTT PEABODY, President. N. W. JORDAN, Actuary. B. A . COFFIN, Treasurer. OLD COLONY New York Guaranty & T R U ST COM PANY. B O ST O N , H A SS. Indemnity Co., S9TO 63 CEDAR STREET, N . Y. Mutual Life Building. CAPITAL, - - $2,000,000 SURPLUS, - - $1,000,000 In ad dition to its special c h a r te r privileges, this Company possesses a ll th e pow ers of T ru st Compa nies u n d e r th e New Y ork B anking Law s; acts a s Trustee f o r Corporations, firms, a n d individuals, a s E x ecu tor o r A dm inistrator o f estates, a n d Is a legal depository of tru s t funds. INTEREST ALLOWED ON DEPOSITS, WALTER G. OAKMAN, P resident. ADRIAN 1SELIN, J r., Vice-President. GEORGE R. TURNBULL. 2d Vice-President. HENRY A. MURRAY, Treas. a n d Sec. J . NELSON BORLAND, Assist. Treas. a n d Sect DIRECTORS. Sam uel D. Babcock, A ugustas D. JuUUaid. George F. B aker, Jam es N. J a rv ie. F rederic Cromwell, Richard A McCurdy, W alter R. G illette, W alter G. Oakman, R o b ert Goelet, A lexander E. O rr, George G risw old H aven, H enry H. Rogers, O liver H arrim an, H enry W . Smith, R. Somers Hayes. H . McK. Twombly. C harles R. H enderson, F rederick W . VanderWM. Adrian iselin. J r., W illiam C. W hitney, J . Hood W right. ^ ttnM plates f lrtp g e ö |m n p it2 , 59 CEDAR ST„ NEW YORK. CAPITAL - $3,000,000 SURPLUS 600,000 Transacts a General Trust Business. Allows interest on Deposits. Loans money on Bond and Mortgage. Issues First Mortgage Trust Gold Bonds. Takes entire charge of Real Estate. Acts as Trustee, Registrar, Transfer Agt. Pays Coupons. Executes a ll Trusts. George W. Young, P resident. L uther Kountze, V.Pres. Jam es Tim pson,2d V .Pre* A rth u r Turnbull, Treas. W illiam P. Elliott, See. C lark Williams, Ass’t Sec’y & Treas. EXECUTIVE COMMITTEE. Charles D. Dickey, J r. G ustav E. Kissel, Theodore A. Havemeyer, L uther Kountze, Charles R, H enderson, Jam es Timpson, Richard A. McCurdy. DIRECTORS. Sam uel D. Babcock, W illiam Babcock, S. Frisco, Charlton T. Lewis, Charles D. Dickey, Jr., Lewis May, W iUiam P. Dixon, Theodore Morford, R obert A. Grannies, R ichard A. McCurdy, Theo. A. H avem eyer, R obert Olyphan* C harles R. Henderson, Edw in Packard, Jam es J . Hill, St. Paul, W illiam W . R ichard* G ardiner G. Hubbard. Jas. W Seym our, J r„ G ustav E. Kissel, Jam es Timpson. L u th er K ountze, George W. Young. The American Debenture Go., C apital, $ 1 ,0 0 0 ,0 0 0 00 S u rp lus, . . . 5 0 0 ,0 0 0 00 Transacts a General Banking Business. ALLOWS INTEREST ON DAILY BALANCES SUBJECT TO CHECK. TRUSTEE UNDER MORTGAGES. TRANSFER AGENT REGISTRAR. BOARD OF DIRECTORS. T. Jefihrson Coolidge, Jr., President. Oliver Ames, 2d, 0. W. Amory.. Martin Brimmer, T. Jefferson Coolidge. Chas. E. Cotting, George F. Fabyan, George P. Gardner, Francis L. Higginson, Henry S. Howe, Walter Hunnewell, William P. Mason, George v. L. Meyer, Laurence Minot, Richard Olney, Henry R. Reed, Nathaniel Thiayer. Stephen M. Weld, Henry C. Weston. T. J e f f e r s o n Co o l id g e , J r ., President. G eo . P. Ga r d n e r , Go r d o n A bbott , Vice-Pres’ts. C. S, T u o k e r m a n , Vice-Pres, and Treas. B. A . P h ip p e n , Secretary and Ass’t Treas. J o s e p h G. St e a r n s Ass’t Secretary New York Security & Trust Co., 46 WALL STREET, NEW YORK. Capital, $1,000,006 I Surplus, $1,060,000 CHARLES S. FA IR C H ILD , P resid e n t.' WM. L. STRONG, 1st Vice-Pres. JO H N L. LAMSON, 2dViee-Pre*. ABRAM M. H Y A TT, Secretary. ZE LA H VAN LOAN, A sst. Secretary. A uthorized to a c t as executor, tru ste e , ad m in istra tor, guardian, a g en t and receiver. Receives deposits subject to sight drafts, allowing interest. A legal depositary fo r co u rt a nd tr u s t fu n d s ’ A designated depositary fo r th e reserve of S ta tr banks. A ccounts of banks a nd bankers solicited special ra te s of in te re st allowed. TRUSTEES. C. S. Fairchild, Edw ard Uhl Jam es A . Blair. W . H . Appleton, M. C. D. Borden, J.G. McCuiloug* W m. L. Strong, B. Aymar Sands, H . Hoaglaud, W. F. Buckley, Jam es J . Hill, J . W . Sterling, H . W alter Webb, S. G. Nelson, E. N. Gibbs, W m. A . Booth, F . R. Coudert, Jo h n A . McCall Jam es Stillman, Knickerbocker Trust Company, 334 FIFTH AYE., COR. 37TH STREET, Branch offices, 66 Broadway and 19 New St. CAPITAL AND SURPLUS, - $1,000,000 DESIGNATED LEG A L DEPOSITORY. In te re s t allowed on tim e deposits. Checks pass thro u g h Clearing H ouse sam e as i hose on city banks. Acta as E xecutor or A dm inistrator of E states a n a as G uardian, Receiver, R egistrar, T ran sfer a n d Financial A gent fo r States, Cities, Tow ns R ailroad* and o th e r corporations. Money Loaned on Bond and Mortgage. ROBERT MACLAY, A cting P resid en t. CHARLB8 T. BARNEY, Vice P resident. JO S E PH T. BROWN, 2d V ice-President! FR ED ’K L. ELDKIDGB, secretary. J . h e n r y TOWNSEND, A ssist. S ecy. DIRECTORS : Joseph S. A uerbach, H arry B. Hollins, Jacob Hays, Tharles T. Barney, $3,000,000 CAPITAL PAID UP, V. F oster H iggins, itobert G. Rem sen, Issues D e b en tu re Bonds secured by bonds of Mu le n ry W . T. Mali, ulcipalities, W ater, Gas and R ailw ay Companies. E xecutes tru s ts from individuals and corpoor- Vndrew H . Sands, tlons. A cts as a g en t fo r th e re g istra tio n a nd tra n s fames H . Breslin, fer o f bonds and stocks a nd th« paym ent of Je n . George J . Magee, I. Tow nsend Burden, coupons in te re s t and,dividends. 463 ROOKERY, CHICAGO, 48 TH R EA D N B ED LE ST., LONDON. A lfred L. W hite, E. V. Loew, H enry F. Dimoek, Jo h n P . Tow nsend Charles F. W atson, David H. King, Jr., Frederick G. Bourne« R obert Maclay, C. Law rence P erk in * W m. H . Beadleston, Chas. R. Flint»..-