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pttattriai
uirnnfffW
Supplement
Quotation
Investors Supplement (Quarterly)
Dana Company,
SATUKDAY, JULY
75.
^Annuaii|
Supplement fram^
Stale and Cily
Entered aooordlng to Aot of Congress, in the year 1902, by the William B.
VOL.
Railw^5upplement
Street
(Monthly)
In the office of the Librarian of Congress.
NO. 1935.
26, 1902.
Week ending July
10.
OUaringB at—
Terms
1902
PUBLISHED WEEKLY.
Subscription— Pay able In Advance
of
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STATB AND OlTT SUPPLEMENT
INVESTORS' SUPPLBM ENT
Terms
ol
Two Months
(8 times)..
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Boiton
New Haven
Springfield
Worcester
Portland
7all River
Lowell
New Bedford
Holvoke
I
Total
(18 times).. 829 00
" ).. 50 00
Six Months
(86
Twelve Months (53 " ).. 87 00
Cincinnati
Detroit
Cleveland
Milwaukee
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London Agents:
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WIiLlA.11 B. DANA COMPANY, Publishers,
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Indianapolis
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Dayton
a vans vine
Youngstown
Springfield, 111....
Lexington
Akron
Kalamazoo
Rookford
CLEARING HOUSE RETURNS.
Springfield, Ohio.
Canton
The following table, made up by telegraph, etc, indioates Jaoksonvllle.IU..
Qulnoy
that the total bank clearings of all the clearing houses of Bloomlngton.
Jaokson
the United States for the week ending to-day, July 26, Ann Arbor
have been $2,233,841,104, against $2,181,226,335 last week and Mansfield..........
Decatur
$1,931,346,411 the corresponding week last year.
Tot. Mid. West 'n.
Clearing) —Returns by Telegrapk.
1903.
Week Ending July 26
Boston
Philadelphia
Baltimore
Chicago
St. Louis
Orleans
Seven oitles,
other
titles, o
Total
Total
The
6 days,
days
dan.
all cities, 6
All oitles,
$1,059,018 602
100.562.987
78.165,9:1
17,683,495
125,S93.06i
31,997,131
6.504.286
•1,676.002,275
861,978,418
$1,417,715,443
224,017,681
+11-2
+13-9
895,862,411
$1,641,733,133
289,613,278
+12*0
+36-7
f2.233.841.104
$1,931,346,411
|1,8S?. 978.898
lday
all oltlei
for
week
+11-8
$1,182,428,935
104,769.066
90,877,598
17,404,624
134,707.197
86,385.603
9,936,857
+4
8
+15*3
— ro
+7-8
+137
+52-8
[
+15 8
week covered by the above will be
We cannot furnish them to-day,
olearings being made up by the olearing houses at noon on
Saturday, and henoe in the above the last day of the week
the
given next Saturday.
full details for
has to be in
all
oases estimated, as
we go
to press Friday
night.
We present below our usual detailed
figures for the pre-
vious week, covering the returns for the period ending with
8aturday noon, July 19, and the results for the corresponding week in 1901, 1900 and 1899 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a loss of 7*4 per cent. Outside of New York the increase
over 1901 is 52 per cent.
Week ending July
OUarinti at—
1902.
Lake
1901.
1903.
1900.
1893.
$
980,471 913
85.985 977
26.609 4'
84,838 517
4. 7 39 8
8 187.565
1
8,879137
1,744,708
1,839 589
1.708 5H6
1.873,066
963,617
679 763
072 944
60-3,804
627,790
342,470
Los Angeles...
Seattle
180,622,760
168,019.407
168.684.066
23,390.960
10,985,966
17.P65 838
7,674.474
8,180.900
6 684.988
2 183.638
2 824,457
1.700 402
1.740,762
1,668,089
662 881
537,826
545 201
878.000
647.284
444,866
869.77b
484,806
101,679 876
19 412 000
12 259 6£9
16.089 064
8.184 680
7.483 100
4,685 694
8.288 440
2 879 752
1 606.980
1,867 390
880.882
484 879
610.872
474,830
786,000
469.724
415,828
364,430
419,087
181.138
191.662
880.380
148.627
93.176
90,000
221622
411.942
316.895
208.896
,
,
Spokane
Taooma.
Helena
Fargo
Slouz Falls
Colorado Springs..
Tot. other West.
St. Louis
New Orleans
Norfolk
030.680
449.645
887,444
216,890
50 828.896
,
,
Fort Worth
,
Macon
Little Rook
Chattanooga
Jacksonville
Beaumont
1,71 i 531
1,790.010
,
Knoxvllle...
,
,
,
880 800
47.182,389
8.647.686
8 160.848
8.161.000
8.868 972
8.205 631
4,742.811
2,258.119
1.663.223
1.521,069
1,605 386
8 009,508
,
6.010,098
4,875 148
4 012 667
4.980 814
1,476,257
900,896
1.303,296
1,130,838
467.192
133,780
68,142.947
703.446
808.423
1,*70.469
830.936
472.000
752,185
540 000
880 714
406.367
8.207.147
1.919.839
1.999.384
1,380.134
1.269.787
960.S83
821.780
477.578
434.072
481.000
338,800
887.845
889.666
298.231
184,462
200,000
+88-8
7
+6"8
+15*0
+20
+16
3
6
+7-0
+4-8
+166
+83-1
+1150
.
286.803
417259
409.606
004.000
869 939
881 244
400,734
26: .811
140,868
140.000
65,000
al
+544
+79 3
+81-7
4,837.181
1.082,450
927,686
800,146
232.08S
133,686
+48 8
+4P1
+13-0
+699
266 340
+16-2
+16-9
34.339 036
29.U14.53S
-7-4
+26-9
-4*1
+21-0
+4'9
—11-7
12.460 964
10,084 795
6.201,740
6 160,797
8 902,678
4,015.596
10.807.141
8.839.088
+188
+186
+16T
1,471,728
830,089
841,507
1,084,634
486,04'
154,040
+2-8
+4-6
-9-7
—31-9
+8-8
-1-9
186.429
6 983 508
4.188.060
3,280 578
3.632.161
1,494 678
709.168
611.810
600,808
489.031
125 800
46 605 143
40.806.631
88.762.11"
8 726 457
7.888 548
1.970 500
8.450 79
4,390.848
5
1.412.806
1.820.483
1,313,291
718,535
521.784
780.895
694 181
555 000
83.868.799
6,384 740
8,050,838
2,100,050
2,880.886
2.084 489
8.200 000
1.454.6T8
1.820,814
1.256,388
1,384.173
760.502
674.540
928,221
682.700
890.000
+39
841748
•28 834
+38*1
393 083
+183
831,958
886.838
812.051
71 031 800
67,616,838
+857
+28*3
—34*7
+48-6
+11*8
-15-7
+I'4
+89-4
8 601817
1 526 857
4-12 8
+19-8
780451
-10 6
501,603
948.068
791,166
636,000
541,556
891,494
+0l'8
+65-8
821271
Not inolude
827.16!
+12
-UP
89 833.673
,181,896,804 9,856,6^4 620
816828,402 774 688,147
96,017,784
in tot
Hi.
+7-6
-7-4
,402 186 087 1,816,807,835
+52
616.0O7.9M
636,133.443
14,629,051
16.656,670
9 016.660
1.878,899
1.442,000
CANADA—
Montreal
Toronto
Winnipeg
19 988 054
13 960 328
8.444 358
897 616
4*7,600
800,000
800,000
Halifax
Hamilton.
1651638
St.
18.831850
0.101,659
11.089.804
6.897,478
4.687,600
8.030.989
8 099.874
8,000 006
989,840
1,028 840
683,167
,
Total Southern..
Total all
Outside N. York.
1,801 127
1.036 054
1.062.018
184 584.389
8 8 4.912
1,124590
46,843 157
11,782.586
,
,
5 893 000
12-8
+
+27-8
+36
114,316,698
19.223,831
3,361.711
1.991.838
1,689.771
1,940.077
1.017,763
814.439
644,454
Galveston
Augusta
+28-9
+8-7
+80-3
-450
+18-9
185,870.718
18.466 950
8 998.149
11.474.887
6 818.667
19,907 103
8.370 349
8,443 197
8,337,060
2.059,000
4,868.922
8.869.712
8.997.121
2.284.819
Nashville.
+ 11*4
178.460.859
+9-4
—16-8
10 464 258
Atlanta
-10-8
124,018.338
24 013 693
4 818.588
1 917.634
2 818 063
Louisville
Houston
Savannah
Richmond
Memphis
+4'8
+20 6
846.874
663 661
991.598
280,000
402
8.368,274
6 900.906
4.210,000
4.401.149
1,745 333
1,074,611
1,003,962
1,166,254
488,161
138.938
600,000
Wlohita
+319
6 18,440
888,242
294,434
173,880,858
81031.034
9 456.167
Fremont
7
1.744,897
1.607,384
1,477,943
1,640.916
187.627,859
18,663.385
Topeka
+0
-4-7
8 886 100
Z 906,133
+75
18 000,000
Davenport.
Sioux City.
+4*8
+20-6
+30-7
+49-8
+18 9
-8-8
160.149.608
230,964 129
KansasOlty
Paul
Denver
St. Joseph
Des Moines
108.726.070
5,946.800
3.119.181
1,693,138
1,338,089
1.456,106
1.040.701
678,133
848,1 2 984
Minneapolis
Omaha
-6-4
-9
Not include
38,889 08*
St.
1899.
806,334
2.'2.392
40,448,076
Total Pacific
1900.
Cent.
+18-0
+40-4
-83-8
+147-1
In tot
71038
8 587,513
8,981,534
6 058.641
8.426 120
1,606,818
1,818.377
603.12
489,611
851,475
John
Victoria
Vancouver
'....,
Quebec
OttawaTotal Canada ...
,
.
2.104.768
1.787,279
1,808 174
1,560.000
888,662
8-1,280
City.
Birmingham
19
P. Cent.
$
$
$
366,663,402 1,582.098,478
—18*7 786 578.095
U5.332.6l0
108 3)6 580
+66 86,343,926
45 C97 915
81.068.118
+10'e
84 08A19S
21929 492
+9 8
18.177.181
5 661,638
6,«41 683
+0 4
6 011,298
a 41 a aa.
8 650 010
3 190 130
2,997,366
8.9S8 849
Boeheiter
8 861 189
+26 8
1,799 906
Syracuse
1,182 691
-14-2
1,319.619
1041,119
1.336,888
1,881 858
958,102
+4 8
Wilmington
1,850.000
1.021.666
+28 3
966.888
877,800
891.000
—38
443 10C
888 848
800.157
+20 6
831 310
Qreensburg..
469298
412.181
+61
868,000
Whsellng. W. Va...
708019
716.787
+10-7
Wilkes Bane
698.188
T99.H43
-12 4
2,789.802 Not Include d in tot al.
Total Middla
i. 573.0: 8.374 1 773.253 891
-11-3 937 078 176
New York
San Franeisoo.
Salt
Portland
Mew York
New
P. Cent
1901.
148 825.891
7 681 400
8.099 986
4T6.0O
New Bng.
Chicago
Three Months
8J0 600
S 848,388
140.790,577
Providence
Hartford
I
Advertising— (Per Inch Space.)
Transient matter
M $4 20
sTTANDING BUSINESS CARDS.
1903
'.
........-........,...$10
...............
1001.
997,778
914 960
482,778
1,871 470
1,638,896
1,878,433
44,34 1,' 6
19 733 149
11.458 832
2,083 426
3 121 901
776 566
10>9.445
9 801459
3.358,831
1,621.166
630 800
737 6 >1
1,049 741
776 846
828 948
838 764
811.581
81.651.916
31,878.653
710306
738168
805 847
1,094,916
Not lnoluda
40.821 241
+100
—
:
THE CHRONICLE.
154
[Vol.
LXXV.
A
meeting of the representatives of the anthracite
coal-carrying roads was held in this city Tuesday July
REPORTS OF TRUST COMPANIES IN NEW
YORK AND BROOKLYN
22 at which, it is stated, the general condition
pages 190 to 195 of this issue of the Cheonicle of affairs with reference to the strike and the altered
will be found complete reports of the condition of all condition the action of the convention has wrought
the trust companies in New York City and Brooklyn were discussed. The general opinion expressed, acon June 30 1902, as compared with December 31 1901 cording to the best information we can get, was that,
and June 30 1901.
although there were a good many miners who wanted
On
go to work, the moment was not propitious for the
opening of any collieries; that two or three or perhaps
THE INVESTORS' SUPPLEMENT.
more weeks would be needful before one could tell
The quarterly number of our Investoks' Supple just how efficacious the assessment was going to prove.
kent is issued to-day, and is sent to all our subscribers. In the first two weeks the payments of the assessments
The Supplement contains editorial articles on the will most likely be fuller than in any subsequent weeks;
to
following topics
again, the
RAILROAD EVOLUTION.
WATER-TUBE BOILERS.
LOCOMOTIVE TRACTION INCREASERS.
A LOCOMOTIVE AUTOMATIC STOKER.
naturally
in situation of the coal strike
be one of
at the start
would
and hope; later this
away, and the matter of
relief
glow would wear
early
men
receiving one-quarter or a less fraction of their full
wages when at work would become commonplace.
Then there are questions likely to arise between the
strikers which may induce discord and bad feeling.
One was suggested, which has already been discussed
by the strikers. A good many of the mine workers
are said to be back in their dues to the Union ; the
question has been mooted whether they shall be paid
the same proportion of the receipts from this assessment
as if they were in full standing, or whether they shall
be paid a different portion, or whether they shall have
THE FINANCIAL SITUATION
The change
of the
feeling
by the
action of the convention last week has only affected,
so far as developed, the point of the sustenance, and
therefore the endurance of the strikers. That is to say,
a decision was reached by the convention to levy an
assessment in support of the anthracite employes on
all the members now at work of the United Mine no part or lot in the fund.
The inclination of what
Workers, which it was claimed would bring in $500,- would seem to be a majority is to give these delin000 a week. Hence, if the anticipated productiveness quents something, but not as much as those receive
of the proposed assessment could be depended upon, who bad frilly paid up their dues. The dally press
the assumed yield would be, as we are informed,
about one quarter of the amount the men would get in
wages if they were at work.
The problem which these facts present for public
solution is simply how much of endurance does the
assessment promise to give the men. As to the
operators, they of course cannot yield in any degree.
has mentioned other, not very dissimilar, but irritating questions as in process of fermentation. No good
end can, we think, be served by mentioning them.
We
shall pretty
soon believe that the most wonder-
ful industrial organization the world has ever been
knowing to, has been what is widely called the Ship
come when the men choose Trust Combination. This week rumor had it as havto go back to their work in no other way and at no ing gone to pieces, the lines being again independent.
other time will the mines be turning out a full supply When our readers remember that the creature so unof coal again. We say this, knowing that the suspen- ceremoniously put out of existence is none other than
The end
of the strike will
—
than a calamity, that the sufferers that living monster of the sea which only a brief time
and that if the sus since was shaking to their very foundations every
pension is prolonged into the fall months it will be nation in Europe, and about to gobble up all internaimpossible to put an adequate supply on the market tional trade, they will be ready to believe that the
But the last story
before the severe winter weather is reached; which day of marvels has not passed.
means high prices and a good deal of distress.
Some with regard to the Ship Trust has just about as
say that the operators should make an issue and start much real truth in it as the other, and no
sion
is
nothing
less
are almost the whole population,
•
Those who urge that course fail more.
A reminder, however, of the Influence
remember the State statute which forbids on Government policy this organization has had
the events of the
the employment of any miner unless he has a certifi- is
found in another of
cate of two years service.
Besides that, the Governor week.
seems that a session of the House
It
up
their
mines.
perhaps to
of Pennsylvania has broadly refused
men who may come back
the
to protect
of
Commons committee
appointed, under
the spur
work against the of the despoliation the Ship Combine threatviolence of those who still remain on strike.
While ened, to inquire into the question of steamship
the Governor continues that menacing attitude, he subsidies as a remedy, has been held this week
must not be surprised if the public holds him re- in London. The matter is of interest not only
sponsible for the continued suspension of the mines. because of the rumor above referred to, but beDoeB not his position, together with the statue refer- cause the committee was appointed, as stated, to dered to, enforce idleness ? Operators very naturally vise means for heading off some of the ruinous effects
to their
—that
urge Mr. J. P. Morgan's device was supposed to forecast;
strikers to return to their work without protection
and then, again, because of the suggestion of Senator
for that would mean violence against the worker and Drummond of Montreal, who was examined Tuesday
way of parenthesis
his family, perhaps leading to one or more murders. It Is well enough to say by
Is the country to understand that there is no power in that the agitation in Great Britain, the outgrowth
Pennsylvania to prevent such a situation as that and of the Ship Trust which seems on this side of
hesitate to adopt
the
alternative
is
to
—
to protect a
man
in
working who wants to work
?
the
Atlantio
to
be
a
mere business transaction,
July
THE CHRONICLE.
26, 1903.]
155
—
wholesome rivalry went far beyond reasonable currency systems ,that whenever business gets active,
Mr. Morgan's methods in organizing and the whole volume afloat becomes absorbed in dally
limits.
managing industrial enterprises oughtjto be a guar- uses; hence a possibility of tight money 1b a problem
anty that harm to British interests could not be presented, with more or less aouteness, at every outamong the purposes he had in mind. Ever since the flow of the metal. The Sub-Treasury at such a time
memorable West Shore settlement, whioh destroyed adds to the uncertainty of the outcome. Whether it
nobody or thing, but only rescued capital iu danger can be made to disgorge its currency holdings or will
of destruction, his course has been along the same gather in larger supplies, is usually problematical.
He never has captured a property by ruining But fortunately Mr. Shaw, Secretary of the Treasury,
lines.
has shown that he will not allow a Government machine
or harming his opponent.
The examination of Senator Drummond brought to disturb industrial development.
out an Ingenious plan to meet what he believed to be
The city must be considered fortunate in having
the advantage of Mr. Morgan's scheme. He says he
had arrived at the conclusion from recent develop- secured a party willing to provide the Brooklyn tunments in connection with the American shipping nel at a figure so greatly below the cost of doing the
combine that the land lines practically controlled the work. Under the arrangement with the Belmontsituation and that the ocean lines were merely ad- McDoDald syndicate, the tunnel is to be built at an
As a sequence to this suggestion, the Senator expense to the city of only $2,000,000, whereas it is
offers Canada to the committee "as the only hope of estimated that the cost of its construction will be at
escape from the control of the American combina- least four or five times that amount. It is not altotion." He would propose the route through Canada gether clear why the Belmont syndicate should have
as a set-off to America's route through the United made their bid so extremely low, but of its advantage
At first sight he admitted it would appear to the city there would appear to be no question.
States.
that the purchase of a number of old British steamers Brooklyn people undoubtedly would have preferred
by the American syndicate could be remedied by an arrangement allowing of free transfers from the
But his opinion was "if this Brooklyn Rapid Transit lines to the tunnel, so as to
building new boats.
organization
it would be made make it possible
to get into Manhattan Borough
were done by a new
unprofitable by the American" who with "through by that route for a single five-cent fare, as is
the case
with
the
trolley
and elevated
bills of lading from the producing centres could con- now
juncts.
trol freights as well as
a considerable portion of the
passenger traffic."
A
weakness which would interfere with the full
success of this proposal will at once present itself to
the reader. Senator Drummond, it will be remembered, makes this suggestion as a means for meeting
and offsetting the "American advantage." It would,
The
as it stands, by no means accomplish that.
lines
old
belong
to
American ships would not only
with an established business, but they^would have a
terminus in the United States at ports of large popuBut the Senlation and extensive trade connections.
,
ator anticipates
and provides against
this difference in
situation by advocating a speedy up-to-date service of
passing over the bridge.
But, though the
Brooklyn Rapid Transit Company also put in a bid
at a figure below the estimated cost of the work, its
bid was so much higher than that of the Belmont
people that the Rapid Transit Commission obviously
had no alternative but to award the contract to the
latter.
Moreover, the difference between the two
bids (amounting to $5,000,000) is almost enough to
allow of the construction of a second tunnel. And
that seems likely to be the ultimate outcome, namely
that Brooklyn will have two tunnels instead of one,
the Rapid Transit Board having adopted a resolution
directing its chief engineer to prepare and submit a
plan for another tunnel between the Borough Hall
Park in Manhattan and Borough Hall Park in Brook-
roads
twenty two-knot steamships between the United
Kingdom and Halifax with a subsidy of £300,000 to lyn.
To the people living in the Borough of Manhattan
£400,000 yearly for ten years, half payable by Great
This suggestion is in- and in the Bronx the arrangement with the Belmont
Britain and half by Canada.
Bumor also adds to it that the Canadian syndicate is decidedly the best that could be offered.
teresting.
Pacific Railway will put on steamers of the same If the Brooklyn Rapid Transit Co. had secured the
speed, character, etc., as Senator Drummond speci- contract it would have been unable to grant free
fied if the Government of Great Britain will grant a transfers to the underground rapid transit road which
large
Whether
subsidy.
out or not,
this proposal is ever carried
a device in the direction
it is
rivalry, the true
way and only
feasible
of
way
business
of
meet-
ing American enterprise.
Another week has passed without any special change
in industrial conditions.
The stock market has shown
—
a 'little less steadiness in prices not because of
material declines, but the result more nearly of fever-
An outcome
previous whisperings
was the'report which took form Thursday of a proposition to be made by the Rock Island next week
ish advances.
for
a
reorganization,
of
which,
if
carried
out,
prove a material benefit to the
stockholders.
The only other new fact was gold
exports.
Were it not for the effect on our money
market, the losing of a few millions of gold would
be without interest. But we have such ri^id, inelastio,
will
apparently
the Belmont syndicate
is
building.
The
result
would
have been that the southern terminus of the underground road would have had to remain at the City
Hall as at present fixed, and any one desiring to pass
through the City Hall to the Battery would have had
to pay an extra fare.
By the Belmont tunnel contract
no extra fare will have to be paid by people living In Manhattan and in the Bronx, and the
Brooklyn tunnel
becomes an integral part of
the underground rapid transit system.
Passengers will be carried without extra charge not only
to the Battery, but they will be carried into the heart
of Brooklyn at the Long Island Railroad Depot at
Atlautio and Flatbush avenues.
In other words, the
southern terminus of the underground road instead
of remaining at the City Hall will be at the Long
Island Railroad station in Brooklyn. This is clearly
a great desideratum, and if ultimately the Belmont
THE CHRONICLE.
156
The
peojle shot Id be able to give, as hinted, transfers to
some lines traversing other parts of Brocklyn, its advantage will become sti 11 more obvious. Altogether,
275.
for general congratulation.
resenting
[Vol.
LXXV,
week caused by the
Europe has been
partly offset by disbursements by the Sub- Treasury
if the arrangement shall be carried out in accordance in excess of receipts, a part of which was a payment of
with present promise, there would seem to be reason about $565,000 on account of Assay Office checks reploss
to the banks this
export of $2,656,127
gold
of gold to
bullion
deposited
at
Pacific
coast
The payments of such checks for gold from
the Yukon thus far this season have amounted to
points.
One
ther starp rise in
Island
wetk has been the furthe stock of the Chicago Rock about $3,600,000, thus much more than offsetting the
Railroad Company. This stock exports of gold to Europe in this period.
of the features of the
&
Pacific
touched 200 on Thursday, which is a rise of almost
50 points since January, when the shares sold at 152.
The close yesterday was at 197. In January of last
year the low point was 116&. The reason for theorise
wa3 revealed in the announcement yesterday that the
property is to be reorganized and its securities re arranged. We I ave on one or two occasions of late
directed attention to the changes in the character
and importance of this system that have been going
on under the recent acquisitions of new and additional
For instance, the Choctaw Oklahoma & Gulf
reads.
Railroad gives a terminus at Memphis besides providing a line through Oklahoma and Indian Territory,
while
the
St.
Louis
Kansas City &
Colorado, when the existing gap is completed,
furnish the Rock Island with a terminus
will
at SK Louis in addition to the terminus now held at
Kansas City. The Rock Island proper already has
terminii at Denver, Omaha and Chicago, and the recent exchange of its stock for that of the Burlington
Cedar Rapids & Northern carries the system directly
into the Twin Cities at Minneapolis and St. Paul.
It
Money on
representing bankers' balances, ta3
loaned at the Stock Exchange during the week at 3
per cent and at 2| per cent, averaging about 2f per
As
i
all
justment
liberal
of
scale,
the
Rock
for 100 shares of
shares
bonds, 75
shares
of
on
securities
Island
is
to be a re ad-
an
exceedingly
shareholders
of
new common
stock.
now
money for this period ischiifly from
the foreign barkers, who are loaning the proceeds of
long sterling. The rate for four to six months is 4
the supply of
'
@5
per cent, and the institutions which are offering
money for these periods seem unwilling to name
lower figures; the class of security required for
is
England minimum rate of discount
remains unchanged at 3 per cent. The cable reports
discounts of sixty to ninety day bank bills in London 2£ per cent. The open market rate at Paris
at Berlin and Frankfort it is
is 24; per cent and
1|@1$ per cent. Acoording to our special cable from
London the Bank of England gained £190,145 bullion
during the week and held £38,279,100 at the close of
the week. Our correspondent further advises us that
the gain was due to imports of £35,000 (of which
£30,000 were|from Australia and £5,000 from China),
to receipts of £180,000 net from the interior of Great
Britain, and to exports of £25,000, of which £20,000
were to Peru and £5,000 to Natal.
new
100
The
to be
The reduction
a decrease of $1,505,100 in deposits.
of $376,275 in reserve requirements, added to the increase in cash reserve, made a gain of $3,482,375 in
stands at $15,709,-
of
foreign exchange market was firm eaily in the
engagements of gold for export to
week
Europe had been made; then the tone grew easier in
consequence of the absence of demand, later becomOn Monday the Nationd City Bark
ing steadier.
engaged $907,347 94 in geld bars for shipment on the
steamer sailing for Bremen on the following day. The
announcement of the engagement was somewhat of a
surprise, for though sight sterling was strong, the
rates for exchange at Berlin and London did not seem
to justify the movement of geld as an arbitrage operation; still as the geld went forward there was presumably a profit in the transaction. On Tuesday it
was announced that Ladenburg, Thalmann & Co.
would send $1,000,000 gold to Paris by the steamer
until after the
There was no change in the official rates of discount by any of the European banks this week,
and unofficial, or open market rates, were easy. The
statement of the New York Associated Banks last
week showed a decrease of $3,448,900 in loans, an
increase of $3,106,100 in cash, of which $2,661,500
consisted of specie and $444,600 of legal tenders, and
now
is
The Bank
abundant.
surplus reserve, and this item
all
good mixed. The business in commercial paper is not large and it is chiefly confined to
buyers at the East and the West, who are taking
moderate amounts of the best names. Rates are 4 }@
4f per cent for sixty to ninety day endorsed bills
receivable, 4^@5 per cent for prime and 5|@6 per
cent for good four to six months' single names.
these loans
Traffic prcspecte
that the harvest
trust companies loaned at 3 per cent
be well provided
^ith money for the longer periods, and those who
need more seem inclined to wait until offerings shall
be more liberal and rates lower. Quotations are 4
per cent for sixty and 4| per cent for ninety days, and
present an opportune time for the carrying
out of such a scheme, since they afford assurance of a
heavy tonnage for the next 12 or 15 months. Agricul
tural conditions in the Southwest the present season,
as is well known, are just the reverse of what they
were last season. Kansas, instead of a corn crop
failure as in 1901, is certain to have the present year
a very large yield of corn, and agricultural prospects
generally in the Southwest are highly encouraging.
As earnings were well maintained even under the
crop shortage of last year, it seems likely that they
increase,
Barks and
the commission houses appear to
make the
must further
cent.
minimum, though some of these institutions
placed their money as low as 2£ per cent.
Time contracts were in only moderate request. The majority of
getting
stock $10,000 in
preferred stock and
existing
The
as the
of these roads,
art of the general scheme, there
cent.
loans each day were at the extremes above
noted, and the bulk of the business was at 2| per
namely the Rock
Island, the Choctaw road, the St. Louis Kansas City
& Colorado, the Buillngton Cedar Rapids & Northern
and the Rock Island & Peoria, and possibly one other
line, are to be embraced in a holding company,
making a system comprising some 8,000 miles of line.
appears that
call,
!
JULT
sailing for
THE CHRONICLE.
1902.]
86.
H »vre on Thursday;
Lazard
reduced to $740,694 40.
'gold
on
Tuesday
for
50
Freres engaged $1,008,084
These shipments made a
Thursday's steamer.
As an arbitotal of $2,656,128 84 for the week.
ever, subsequently
operation
tration
the
exports
to
showed
Paris
provided the rethat there was
imbursing sterling bill had been sold at 4 88 and
provided also that the exchange at Paris on London
had been bought at 25 francs, 15£ centimes, the rate
ruling earl y in the week. The goll engagements had
no immediate influence upon the tone of the market
for sight sterling, giving the impression either that
the reimbursing bills had been soli early in the week
or that none of these bills had been drawn and disposed of, the shipment being made directly for the
purpose of transferring gol 1 with which to restore
a
small
aja'nst
1
the Cistom House during the week, $113,028.
Nominal quotations for exchange are 4 86 for sixty
day and 4 88^ for sight. K ttes for actual business
opened on Monday at an advance of 5 points all
around, compared with those at the close of list week,
at 4 S555@4 8565 for long, 4 8790® 4 88 for short and
4 8825® 4 8835 for oables, and the market was strong,
so continuing without change in rates on the foil )wIng day. Oi Wedaesday there was a fall of 5 points
around, to 4 8550® 4 8560 for 1 >ng, 4 8785® 4 8795
for short and 4 8820@4 8830 for cabl s, and the tone
all
was
4
Oi Taursday
easier.
short declined 5 points, to
8780@4 8790, cbsing, however,
at a recovery; there
was no change either in long or in cabl s. The marThe foil >wing shows daily
ket was steady on Friday.
posted rates for exchange by some of the leading
drawers.
DAILY POSTED RATES FOB FOBBIGN BXOHANOB.
FBI.,
MOV..
Brown
THUB.,
FBI.,
July 24 July 85
"i~
86
86
86
88*
88*
88*
88*
86
86
86
86
86
Co.. \ Sight...
189
83*
8s*
88*
88*
88*
60 dayi
(60
\ 8tght...
<
British
Montreal..
Canadian Bank
Commeroe
.
atldelbaoh, Iok
A
60 dayi
186
86
86
86
86
B6
188*
88*
88*
88*
88*
88*
160 dan
} Sight-.
( 60 days
186
188*
86
86
86
86
66
88*
88*
88*
88*
88*
186
86
86
86
86
86
\
81ght...
188*
88*
88*
88*
88*
88*
5
60 dayi
186
86
86
86
86
86
188*
88*
88*
88*
88*
88*
186
86
86
86
86
86
Co, {Sight...
< 60 dayi
LaiardFrarei..,
Merohants' Bk.
of Canada.....
88*
\ Sight...
J
Bank of
elfcelmer
28.
86
No.Amerioc...
of
July
188*
186*
Baring,
Bank
22.
186
Broi.....
Magoun*
dan
WBD.,
TUM.,
July 18 July 81 July
I
Sight,..
188*
88*
88*
88*
88*
88*
j
60 dayt
186
86
86
86
86
86
188*
88*
88*
88*
88*
38*
\ 81ght...
The market closed at 4 8550@4 8560 for long,
4 8785® 4 8795 for short and 4 8820@4 8830 for cables.
Commercial on banks 4 85^® 4 85£ and documents for
payment 4 84^® 4 85f. Cotton for payment 4 84^ @
4 84|, cotton for acceptance 4 85^® 4 85^ and grain
for payment 4 85^@4 85$
The
following gives the week's movements of money
to and from the interior by the New York banks.
Wuk
Mndinf July
25. 1903.
Mndino Jtuy
85, 1903.
Ovranoy
«Ol«
Total gold and legal tenderi
Skipped DM
S. Y. Bank*. N. Y. Bank*.
R«««it>«J
by
t7.100.000
619,000
18.8-4 000
18,849.000
14,501,000
647,000
Wit Inttritr
Mov*mmt.
Gain 13546,000
Gain.
802 000
Gain 13.848,000
Ints
Outs/
Bank).
Banks.
is
as
Ef$t
18.349,000
tab-Treas. oper. and gold exports.
81.400.000
14,601,300
33,400,000
8*9,749,000
127,901,000
Total gold and legal tenderi.
The
following table Indicates the
n the principal European banks.
July
Bank
G.tln
M
July
13,948 006
2,000,000
Loss
Gain 11,848,000
amount of
34, 1903.
Chant*
Bank HoUtnet.
Banks Interior movement, as above
bullion
25, 1901.
tf
0«M.
stiver.
Total.
£
£
£
38,379,100
38.379,100
rranoe... .... 108,535,874 44,863,808 148 393.077
Germany ....* 87,519,000 13,876,000 51 395,000
74.299,000 8,880,000 88,179,000
lass la.
Ingland
....
Bolt.
Stlvsr.
Tetei.
£
£
£
37,676819
37,675,849
98385,917 14,736,133 143,013,080
38,537.000 14.378.000
70,984,000 7,645,000
47,910,000
78,529,000
Jmi.-Hnng'jt 14,020,000 12,660.000 66.680,000 39,111,000 11,131,000 50,842,000
Spain
.........
14,185.000 19.579,000
16.187,000
taly
Netherlands..
Nat Belg'no.*
Cot. this
week
rot. prer.
w'k
3,062.90
>
88.764,000 14,003,000 16.994.000
18,249.900 16,316,000 1,938,900
80,997,000
17,153,990
4,849.800
6,714800
11,564.400
6.350,700
6.630.6
)0
11,881,300
S.166.000
1,688,000
4,749.000
8,076,000
1,683,010
4,614,000
836.040.774 110217703 146.238,477 318,139,496 1038745S8 433,014 029
884.788,068 109888810 444.7i6.378 317,831,508 104197224 422,038,780
* The division (between gold and silver) given In our table of coin
and bullion In the Bank of Germany and the Bank of Belgium la made
from the best estimate we are able to obtain In neither case Is It
olalmed to be aoourate, as those banks make no distinction In their
weekly returns, merely reporting the total gold and silver, but we
relieve the division we make is a olose approximation.
t The Austro-Hungarian Bank Statement is now issued In Kronen and Heoer instead of Galden and Kreutzer. The reduction of the former currency to
sterling £ was by considering the Gulden to have the value of 60 cents. As
;
the Krone has really no greater value than 20 cents, oar cable correspondent In
London, In order to reduce Kronen to £, has altered the basis of conversion by
livldlng the amount of Kronen by 24 instead of 20
NEW BRITISH CABINET AND TRADE
POLICY.
We
spoke list week of the discussion which had
arisen on Sir Michael Hicks-Bjach's retirement from
the Exchequer as to the possibility of a change in
Great B itain's trade policy. Such a suggestion had
a doubl basis in the fact that the retiring Chancellor
had been a sturdy and very outspoken defender of
the existing free-trade system and in the further fact
that Mr. Caamberlain, whose influence in the new
nis try is assumed to be considerable, has strenuously advocated preferential tariffs as between England and its colonies.
1 1 some quarters the idea has
been entertained that Ctiamberltin might be disposed
to weaken the present system by instituting, against
certain lines of imported merchandise, tariff j which
might be relaxed in the case of imports from the colonies.
C early, it would be impossible, if such a
project were to be 'seriously mooted, to say where the
matter might end.
The question came up in Parlianent last Mmdaj,
when Mr. Labouch&re put point-bla )k to the Ministry
the inquiry "whether Sir Michail Hicks Bjach's
resignation indicates the possibility of the adoption of
a protective policy."
The Premier, Mr. Balfour; responded that "there is no rea3on for believing that
any policy settled upon by the Cabinet while Sir
Mchael was a member of it would be changed by his
retirement." This might seem a rather guarded
answer; but, as a matter of fact, it so far responded
to the belief and expectation of the English business
5
M
community that there
otherwise than as
Wuk
result
follows.
profit
which drafts had previously bsen
made. On Wednesday, however, sight exchange fell
off 5 points and on the foll)wing day there was a
simiUr decline; this was attributed to the temporary
absence of demand, there being no steamer until S ttCommercial bills are not plmtiful, and those
urday.
which have been received during the week are chiefly
The Aisay OSfic8 paid
deliveries on oil contracts.
$595,041 21 for domestic bull.on. GjII received a
credits
With the Sub-Treasury operations the
amount was, how-
this
157
no reason for interpreting it
a complete reply to the interis
1
pell a ion.
The whol question
3
of Great Britain's normal atti-
tude towards protection is brought up by M, YvesGayot, the well-kiown French economist, in an arti-
—
THE CHRONICLE.
158
by him for the current " Contemporary
Review." This article begins by pointing out that
complaints of English decadence, and the impending
abandonment of its free-trade policy, are nothing
new. As far back as 1851 books were published to
prove that commercial decay in England was far advanced this on the very eve of the famous forward
movement of trade expansion in the fifties, sixties and
In 1880, M. Yves-G-uyot recalls, the "Fair
seventies.
cle written
—
Trade" party publicly took the ground that industrial
England stood on the verge of ruin. In 1885, when
the Koyal Commission on the Depression of Trade
submitted
its
report, four of its
members
favored, as
the single remedy, imposition of a ten-per-cent duty
on imported manufactures, and a similar tax on im
ports of food which competed with products of jlndia
and the Colonies. Mr. Chamberlain's leaning toward
the last of the above-named expedients is mentioned
merely to show that the present "Imperial Zollverein"
anything but new.
It is next shown that the current arguments for a
change are chiefly based on the excess of importa"It is," M. Yves-Guyot
tions into Great Britain.
continues, "the old theory of the balance of trade,
according to which England ought to have been
ruined long ago, while the indebted countries, such
as Peru, Greece, Hayti and Spain, which have so
often had the balance of trade in their favor, should
idea
is
viction,
British
[Vol.
LXXV.
moreover, to be so deeply rooted in the
that no Ministry would dare to assail
mind
the system.
What is there of tangible fact to show
that this alleged commercial decadence has been in
progress
predominance has
been no doubt less marked in certain recent years.
In the calendar year 1900 the United States ran
neck and neck with Great Britain in exported domestic merchandise.
Excluding foreign goods re-exported, we shipped in that year $1,453,013>659,
whereas Great Britain, making the same deductions,
exported £291,191,996, or approximately $1,455,900,000. The closeness of these two totals is remarkable.
It is true, also, that ten years before the similar
annual export from the United States was some
$845,000,000, whereas Great Britain's footed up
$1,317,500,000.
In other words, our progress during
the decade was phenomenal.
But how does this prove British decadence? The
great central point is that England too has increased
its outward trade; that the annual increase, barring
?
Relatively, England's
fluctuations of prices
and cycles of depression and
among consumers,
elation
cade 1880-1890
is
has been steady.
The
de-
often regarded as the apogee of
British export trade.
Annual shipment
of
home
pro-
duce
during that period increased $200,000,000.
But the annual increase between 1890 and 1900, despite the hard times in many foreign countries, the
Boer war at the decade's close, and the immense ex-
have become rich."
But aside from the question of "balance of trade'' pansion of German and American competition, was no
alone comes up the question of commercial supremacy. less than $155,000,000. Such figures seem to us to
America and Germany are pressing heavily
in
com-
markets; such countries a3 America, too,
are supplying their own needs in a degree never possible
before, and have thereby cut off a part of the market
petitive
once erijoyed by English exporters. Ought not measures to be taken, then, to oppose or arrest this move
ment? To this is advanced the very pertinent query,
How is thesaggested purpose to be achieved? Would
the British protectionist close England's ports against
American cotton? Would he close them against American corn and meat? Will he refuse to eat American
bacon? and if so, exactly how would these heroic
measures open the American market to English
goods which the United States now makes for itself ?
The man who argues for some extreme measures to
retaliate on America for its failure to resort as of old
to
own story.
The simple truth of the matter
tell their
land
is
prosperous
— even
turns of the unemployed
land has been strained in
is,
industrial
Eng-
the Board of Trade's re-
show that, financially, Enga measure by the wholesale
diversion of capital to military purposes.
Its financial
showing the after-effects of such a
strain, and no doubt this depression in Capel Court has
seemed to give point to attacks on the present freemarkets are
still
Nevertheless we are very sure that
commercial England will be slow in countenancing
trade
policy.
any reversal of a policy under which it has thriven
beyond all precedent merely because a set-back, whose
causes are well-defined and clearly temporary, occasions annoyance.
the British market suggests to M. Yves-Guyot
GROWTH OF TRUST COMPANIES IN
Such a reasoner " must
YORK STATE.
regret the good old times when six or seven hundred
Another noteworthy record of expansion is revealed
thousand Iroquois, Apaches and other Red Indians
lived on the ^,939,000 square miles where the 76 by the trust companies of New York State in their
The totals covering all the inmillion inhabitants of the United States now dwell in returns for June 30.
peace and activity. The protectionist complains that stitutions of this kind within the State have been
the Yankees erect mills and factories, sink mines, lay made public at Albany the present week, and they
point in the growth and
a new high
rails, and that they will soon be so completely self- establish
the
business
these institutions.
of
of
extension
We
sufficing that it is difficult to see what the Continent
the
past
referred
to
in
the
often
previous
remarkhave
will
able
supply
Europe
be
to
them
with.
Bat
of
the Red Indians were much more completely self- able development of the same. During the last half
supporting." The conclusion of the article sums up of 1901 the figures had remained about stationary,
"Far from being but the further addition now disclosed for the first
the whole matter in a nutshell.
terrified by the economic progress of other nations," half of 1902 is evidence that the upward moveThere is no reathis French economist declares, "the discerning pro- ment still continues in progress.
some interesting
analogies.
NEW
ducer should rejoice in the creation of every new son to think, either, that it has yet reached its
He will be able to have his share limit.
centre of wealth.
Perhaps the best way of indicating the magnitude
of it, while the division of nothing comes to nothof the affairs of these concerns is to note that aggreing."
This we believe to be the attitude of the English gate resources of the trust companies of this State
trading community as a whole. We believe the con- have now risen to over a thousand million dollars
Jcxv
THE CHRONICLE.
26, 1903.]
This new totai
the exact figures being $1,078,212,685.
increase
no
less
than
of
an
of
result
109 million
the
is
months. When to that statement
we add the remark that on January 1 1898 (only four
and a half years ago) the resources had not yet reached
600 million dollars, and that on January 1 1897 (five
and a-half years ago) they fell short of even 400
million dollars, a tolerably good idea may be had of
the wonderful progress the trust companies have made
within a short period of time. The following shows
the yearly aggregates back to 1891.
dollars the last six
AGGREGATE BB8OUBCE8 OF THE TRUST COMPANIES OP
July
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
1,
1,
1,
1,
1,
1,
1,
1902
1902
1901
1900
1899
1898
1897
$1,078,212,685
969.393,644
797,983.513
672,190,672
579,205,442
483,739,926
396,742,948
I
Jan. 1, 1896
Jan. 1, 1895
Jan. 1, 1894
Jan. 1, 1893
Jan. 1, 1892
Jan. 1, 1891
N. T. 8TATE.
Of course aggregate resources embrace capital, surTaking the deposits alone as a measure of the business of the trust
companies, the comparison is much the same. These
deposits now foot up 887 million dollars, being an ad
The
dition since January 1 of 94 million dollars.
New York Clearing House banks in their statement
for June 28 reported deposits of $965,829,400, and
plus and profits, as well as deposits.
first
The Morton Trust
694, against
dep
at present has
sits of
$51,517,-
$52,380,921 and
$57,382,229, and the
$55,236,450, against $66,756,435
and $61,749,161. But these losses are insignificant
and unimportant alongside the gains already cited.
Mercantile
Trust
As
against the grand aggregate of 887 million dollars deposits now shown by the trust companies of
New York
State, the aggregate on January 1 1897
was only 305 million dollars. Thus in five and a-half
years there has been an addition of 582 million dollars.
We subjoin the totals for each year back to
1891.
$392,630,046
365,419,729
341.466,011
335.707,780
300,765.575
280,688,769
the addition in their case since the
was not quite 45 million dollars.
159
of the year
The reader need
not be told that there are more institutions than there
were six months ago. The capital now reported for
the trust companies is $53,225,000, whereas on JanuFour new comary 1 1902 it was but $49,126,000.
panies in this city account for $3,200,000 of the $4,100,000 increase, namely the Trust Company of the
Republic with $1,000,000 stock, the Van Norden
Trust Company with $1,000,000, the Broadway Trust
Company with $700,000 and the McVickar Trust
Company with $500,000.
Bat the growth in deposlis has not come chiefly or
even largely in that way. In fact, the four new companies combined hold deposits only a trifle over eight
million dollars. The truth is, nearly all the companies
have been adding to their business, and the larger
and older companies have been rather more con
spicuous in this respect than the others. On pages
190 to 195 of the present issue of our paper we
print a detailed statement showing the returns of all
the trust companies in New York City, covering the
Borough of Brooklyn as well as Manhattan. Examination of these returns throws much light od
July
AGGREGATE DEPOSITS OF THE NEW YORK TRUST COMPANIES.
$*87,001,689 Jan 1, 1896
1. 1902
$307,351,893
Jan. 1,1902
Jan. 1, 1901
Jan. 1,1900
Jan. 1, 1899
Jan. 1, 1898
Jan. 1, 1897
792,931,724
638,121,771
523.541,570
467,184,258
383,328,726
305,354,637
Jan.
Jan.
Jan.
Jan.
Jan.
1,
1,
1,
1,
1,
1895
1894
1893
1892
1891
285,741,794
266,092,955
264,295,048
234,466,697
211,320,275
was inevitable that with the further great increase
in deposits the last six months there should come another large addition to the loans put out on collateral.
The addition proves to have been 63 million dollars,
and the trust companies now have $603,436,621 loaned
out in that way. This has been a favorite form
with the trust companies, owing
of investment
to the availability of the money if needed and
also to the fact that the companies are in position to
take advantage of any advance in interest rates at
times of an active money market. No further back
than January 1900 the collateral loans of the trust
companies stood at only $328,143,588, as against the
$603,436,621 now, as will be seen by the following.
It
LOANS ON COLLATERAL BT TRUST COMPANIES.
July
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
1.
1,
1,
1,
1.
1,
1,
1902
1902
1801
1900
1899
1898
1897
$603,436,621
540,208,706
387,911,415
328,143,588
283,402,822
230,581,708
169,894,938
Jan. 1, 1896
Jan. 1, 1895
Jan. 1, 1894
Jan. 1, 1893
Jan. 1, 1892
Jan. 1, 1891
$169,161,348-
148,953,820
147,794,024
196,321,422
173,552,829
166,685,758
The companies have also added further to the
amount of their deposits with the banks. They never
hold much cash in their own vaults, the amount June
30 being $10,481,712, but they had $118,496,675 more
on deposit with the banks, making $128,978,387
together.
With 603^ million dollars of money out on
collateral
and 129 millions of cash on deposit or on
hand, it can readily be seen how great is the influence of the trust companies over the money market.
1,
1,
1,
1,
Jan.
Jan.
Jan.
Jan. 1,
Jan. 1,
Jan. 1,
1902
1902
1901
1900
1899
1898
1897
July
1,
1902
July
CASH ON HAND AND ON DEPOSIT.
$128,978,387 Jan. 1, 1896
121,0*5,797 Jan. 1, 1895
105,702,416 Jan. 1, 1894
81,366,28s Jan. 1, 1893
$50,804,137
61,206,703
74,365,761
35,033,016
33,932,847
26,564,978
what is going on. The Farmers' Loan & Trust Com71,734,621 Jan. 1, 189z
pany reports deposits now $58,587,632, against
55,034,451 Jan. 1, 1891
54,642,344
six
months
ago
$54,316,897
and $53,472,209
twelve months ago; the
Guaranty Trust ComThe other leading Items of investments of the trust
pany $38,498,314, against $31,522,331 and $33,- companies show only normal changes and call for no
735,076, respectively; the Continental Trust Co. $15,- special comment.
LOANS ON PERSONAL SECURITY BT TRUST COMPANIES.
400,883, against $9,069,419 and $9,719,029; the KnickTrust
erbocker
$34,253,072,
against
$26,540,250
and $29,856,819; the Trust Company of America
$19,472,994, against $17,463,037 and $16,795,537; the
Union Trust Company $64,139,894, against $62,311,228
and $62,682,133; and the United States! Mortgage &
Trust Co. $17,645,313, against $13,785,290 and $15,
687,937.
The most
case of the
posits are
found in the
York Security &jTrust Co., whose de-
striking expansion of all
New
up
is
Jan. 1, 1902
Jan. I, 1901
Jan. 1, 1900
Jan. l, 1899
Jan. 1, 1898
Jan. 1, 1897
1,
1902
1,
Jan. 1,
Jan. 1,
1902
1902
1901
1900
1899
1898
1897
$49,407,985, against $41,091,951 six
ago and $33,339,730 at this time in 1901.
A
July
compared with
their best previous totals, the Mercantile Trust and
the Morton Trust being the most prominent instances.
Jan.
Jan.
Jan.
Jan.
losses
as
Jan. 1, 1896
Jan. 1, Ij-95
Jan. 1, 1894
Jan. 1, 1893
Jan. 1, 1892
Jan. 1, 1991
$29,369,70$
2^,791,215
22,636,957
19,698,925
17,210,145
9,755,643
STOCK INVESTMENTS OP TRUST COMPANIES.
$104,512,839
$218,806,131 Jan. 1, 1896
Jan. 1,1902
97,555,798
19u,822,966 Jan. 1, 1895
65,998,230
Jan. 1, J901
196,c5*,582 Jan. 1, 1894
57,185,649
Jan. 1, 1900
168,195,642 Jan. 1, 1893
51,132,239
Jan. 1, 1899
136,561,066 Jan. 1, 1892
47,180,478
Jan. 1, 1898
113.525,798 Jan. 1, 1891
Jan. 1, 1897
101,983,600
July
to
months
few of the companies show
$48,523,129
41,907,300
39,840,066
31,101,271
29,930,376
31,183,292
25,788,188
HOLDINGS OF BONDS AND MOBTGAGES.
1,
1,
1,
1,
$49,325,064 Jan.
45,483,010 Jan.
4o,730,57b Jan.
38,143,145 Jan.
34,855/23 Jan.
32,624,995
28,6s>2,428
1,
1,
1,
1,
1
Jan. 1
1896
1895
1894
1893
1892
1891
$25,114,077
21,569,004
17,4ol,674
15,062,290
13,373,463
17,537,008
THE CHRONICLE.
160
[Vol.
LXXV.
one thing are made out of it. Slag cement works have
also been established in a number of European
countries, probably in largest number in Germany.
the
on
bearing
subject
it
import
a
more
Thomas or basic slag is now used by fertilizer manuThere Is no
country's industrial development than that relating to facturers in large quantities instead of imported phosthe economical manufacture of goods and the utiliza
phate rock, especially in Germany, where the total
Upon
indirect.
direct
and
tion of all products, both
consumption of basic slag in 1896 was estimated at
our achievements in that particular must depend our 800,000 tons.
THE UTILIZATION OF WASTES AND BY
PRODUCTS IN MANUFACTURING.
success in competing with other countries in the foreign markets aid in increasing home consumption by
Avery import a it innovation in the metallurgical
industry in Germany ha"! been the util'zation of the
bringing the articles within the reach of a widening waste gases of blast furnaces for working gas engines.
We need hardly say that very That the waste gases can now be made serviceable in
circle of consumers.
much ha3 been accomplished in this direction during their entire hea'ing capacity by a rational burning in
the lait two decaies, and that undiminished attention gas engines Mr. Kittredge considers one of the most
is still being given to the matter aid to devising new important steps that have been recently made in
processes aid new methods for attaining these end3.
science in its adaptations to practical technics.
subject
It is significant of the pi ice which the
Theoretic calculations have been made, he says, acholls that a Census bulletin has just been issued cording to which this use yiel Is a profit of $1 25 per
devoted entirely to a discussion of "The Utilization ton of pig iron production. Gas engines for util z'ng
of Wastes and By-products." Mr. S. N. D. North, these gases were introduced into Germany about 1898.
Chief Statistician for Manufactures in the Census, in So confident are those who are interested in the inwriting an introduction to the bulletin, points out
dostry of the success of the movement that blast furwhat of course the bulletin itself makes evident upon nace gas engines of large dimensions have already
examination that the paper is not in the nature of a been erected at different places in that country.
A3 the subject, however, is so instatistical report.
In the case of lumber and timber, nearly all of the
timately related to the development of the country's former waste products are now turned to some utility,
manufacturing industries, it has seemed desirable to and some of the new products thus formed are of conaccompany the Census in Manufactures with a report siderable value. Of this latter diss may be mentioned
upon the progress recently made in the util zation of sawdust, which was formerly considered an absolate
products that were once rejected as wastes or residues waste material, and was allowed to float down the
in the operations of manufacturing establishments. stream or was thrown into a heap where it coull be
French cabinet
Mr. North says correctly that it is impossible to most conveniently disposed of.
measure statistically the addition to the wealth of the makers, we are told, have found a way of preparing
country created by turning to some useful purpose this material which gives it a valie far above that of
the residues and by-produots which were formerly sold timber by a process that has been in vogue for at
thrown away or left to rot, but the volume thus pre- 1 ast 25 or 30 years, combining the use of the hyserved and turned to some useful account must be draulic press and the application of intense heat. By
enormous. As one indication, too, of the benefits this process the particles of sawdust are formed into
resulting from such savings, it may be noted that in a solid mass, capable of being molded into any shape
every instance cited in the report it is found that this and of receiving a brill ant polish, and possessing a
utilization has resulted in a definite cheapening of durability and a beauty of appearance not found in
ebony, rosewood or mahogany. The production of
the cost of the products to the consumer.
Klttredge
of
Mr.
Henry
report
itself
is
by
G.
acetic acid, wood naphtha and tar from sawdust is
The
Boston. Mr. Kittredge ha3 made an exhaistive study mentioned as one of the latest enterprises in Norway,
of the matter, including considerable historical re- a factory having been started at Fredrikstad capable
The facsearch, he even going so far as to cite from the dic- of distill ng 10,000 tons of sawdust a year.
tionaries and encycl opaedia3 the meaning of the words tory aho manufactures charcoal briquettes which are
"waite," "residue," etc. He lays down the rule that exported to the Netherlands.
The util za'ion of wood pulp in the manufacture of
every particle of an organic or inorganic substance has
human*necesplay
in
contributing
to
useful
part
to
paper
is not
new, but its increased use is very
a
The util zation of the needle-shaped leafsities or pleasures, and when it performs no function marked.
towards some useful end, or remains dormant, it let of the pine tree, either a one or in combination
shows that the ingenuity and enterprise of man have with some other fiber, a3 cotton, for example, ha3
not reached their fullest development, or that the arts frequently been attempted with more or 1 ess success,
of the 1-tboratory have not revealed all the secrets of the purpose being to produce an article of commerNature. With that idea in view he takes up the va- cial value for textile or other purposes. Nea: Bresrious industries, one after another, and shows what lau, in Silvia, it is stated, there have been erected
has been accomplished towards obtaining the object factories that convert the pine needles into what is
so much desired both in this country and in foreign call jd " forest wool " for wadding.
countries.
In the manufacture of paper the recovery of soda
In the iron and steel industry the economic uses of is an instance of the creation of a valuable side
furnace slag have been very greatly developed within product. The alkaline liquors in which rags and
the last few years. Formerly this slag was carted away other paper-making material had been boiled were at
from the furnace and was disposed of in the most one time allowed to run to waste. This is no longer
available place as so much refuse material hardly permitted in economically conducted millj, as the
worth the cost of carting. A considerable portion of alkali can be recovered in the form of a carbonate by
the evaporation of the waste liquors and the ignition
this waste is now put to some profitable use as a sub
atltute for artificial porphyry in the construction of of the residues, after which this carbonate can then
buildings and for street pavements. Good bricks for be causticlsed and prepared for renewed use. The
—
1
JULT
THE CHRONICLE.
26, 1902.]
soda, during the process of boiling with the paper makiDg materials, takes np a large amount of nonet Hal ose
fiber constituents,
matter and
silica.
such as
resin, coloring-
These on evaporation and ignition
become either carbonate or
It is needless to say
silicate.
that daughter houses furnish a
multitude of by-products which are utilized on a comThe prodmercial scale of considerable importance.
ucts of the grey brain matter of calves are now employed in the treatment of affections of the nervous
161
all the valuable substance extracted from it.
Mr.
Kittredge describes at length the processes by which
this is done.
Mr. Kittredge thinks, however, that the most useful by-product of the woolen industry is undoubtedly
woolen rags that may be re-converted into wool. Formerly these rags were mostly thrown away. No waste
of this kind is now permitted, but every woolen rag,
and
may
in whatever
form
worn
re-used in manufacture to appear again in
out,
is
it
appear, unless completely
Such rags are used and re- used until there
them that can be utilized,
been utilized for the production of albumen, for the is
use of the calico printer, the tanner, the sugar refin- when they are mixed with hoofs, horns and the blood
The bones of animals are used for a from slaughter-houses and melted with wood ashes and
erp, and others.
score of different purposes; those coming from the scrap iron for material out of which the beautiful
cooked meat are boiled and the residual fat and gela- Prussian blue is made.
The manufacture of cotton seed oil and all of its
tine are extracted; the former is used in the maun
facture of soap and the lattor for various objects, as rescltant by-products is referred to as furnishing, as
system.
The Hood from tlaughtered animals has loDg
clothing.
absolutely nothing left of
transparent coverings for chemical preparations, etc.
The bones from the feet of cattle are used in the manufacture of toothbrush handles, knife handles, chess-
men and
for whatever purpose ivory
is
used, since the
hard bone takes a very high polish. The knuckles
from these bones are cut off and used in the manufacture of glues and for fertil'zer. The tip of horns
undoubtedly does, one of the best examples of the
devolopment of a business based upon the utilization
F. G. Mather in the "Popular
of a waste product.
Science Monthly" epitomized aplly when he said that
cotton seed was a garbage in 1860, a fertilizer in 1870,
a cattle food in 1880 and a table food and many things
Prior to the advent of the oil mill and
else in 1890.
during the interval of its development cotton seed
was used in some localities as a ferti izer. Later on it
was used to a certain extent as a cattle food. Bat the
main purpose seems to have been to get rid of the
seed with the least trouble, and in certain States laws
were passed making it a punisl able offense for ginners
within certain limits of towns to a low cotton seed to
lie around and rot or to dump it into streams.
It has
been computed that as late as 1870 only 4 per cent of
the seed produced (from a cotton crop of 3 million
bales) was utilized In the oil business.
la 1890 this
had increased to 25 per cent of the seed on a crop of
74 million bales, and in 1900 it was 53 per cent on a
it
and the horn is st.lit and pressed out into
These* plites
a flat plate under heat and pressure.
are used in the manufacture of combs, backs of
The tip of the horn is
brushes, large buttons, etc.
made into mouthpieces for pipes and various other
The horn scrap is used for fertil'zer. Hoofs
articles.
White hoofs, which are
are sorted into three grades
sent to Japan and there used in the manufacture of
various ornaments; striped hoofs, which are woiked
up into buttons and horn ornaments; and I lack hoofs,
which are used in the manufacture of cyanide of
potassium for geld extraction, and also ground up to
make fertilizer for use of florists, grape-growers and
Neat's- foot oil is extracted from the feer, and crop of 9f million bales.
others.
A ton of seed is estimated to yield about 1,000
various o.ls are taken from different portions of the
pounds of hulls. One of the greatest developments
animals.
beef
of
fat
In the business during the past few years has been the
A valuable branch of the utilization of
and hogs is the manufacture of substitutes for butter. utilization of these hills for cattle food. Previously
A large industry has grown up in the manufacture of they were considered a great nuisance around the
such articles as butterlne and claomargarine. An- mills, aid in order to get rid of them the mills used
other important article obtained from fat is glycerine, them for futl, the ashes being util'zed for fertilizers,
which is brought into commerce as refined or dis- as they contain a large amount of potash. The feedtilled glycerine or as an element in glycerine soaps, ing of the hulls is being recogn'zed more and more
Red every day, and from this has come a demand which
toilet preparations, roller compositions, etc.
bone marrow is another valuable by-product of the has resulted in the baling and shipping of the hulls to
slaughter houses, and so is gelatin or, in its lower greatdistances from the source of their production.
In the dye-house and in the dyeing industry many
grades, glue.
furindustry
as
by-products are used which have contributed largely
Mr. Kittredge refers to the woolen
nishing a number of materials formerly regarded as to the great progress that has been made in manufacwaste that are now util'zed in the industry itself and turing within the last one or two decades. Of these
The principal by-products the most conspicuous and valuable are
for pharmaceutical and other purposes.
articles of waste are rags and wool-grease. The former those obtained from coal tar or gas tar, which, not
is reconverted into woe 1 and used the same as the many years ago, was a waste material dlffictlt to get
original raw material, wh.le the latter is employed in rid of.
It could not be thrown into streams because
other industries. The sheep obf ains from the soil of of its polluting the waters, nor cocild it be disposed
the pastures upon which it feeds a consider alia por- of by burial because of its destructive effect upon
tion of potash which, after circulating through the vegetation, and it had to be disposed of by burning.
system of the animal, is excreted with other matter These byproducts have new become of the highest
from the (kin and becomes attached to the wocl. value, not oily for the production of exquisite dyes,
This excretion is known by the French as " euint," but for medicines and disinfectants, and for the proand oftentimes constitutes, together with the dirt that duction of a saccharine substance several hundred
is mixed with it, two-thirds of the weight of the times sweeter than sugar.
Formeily the suint was allowed to goto waste
fleece.
Mr. Kittredge also carries his investigation into
when the wocl was cleaned. Now it is carefally saved other industries. For instance, eld rubber as a waBto
is
sawed
off,
1
:
:
.
THE CHRONICLE.
162
material
is
a thing oi the past.
LXXV.
IVol.
Nothing containing the officials were elected. Mr. David W. Lawrence was
utilized in some form chosen President, Aaron S. Baldwin and Oscar L. Gubelman
rubber is now discarded, but is
of commercial utility. But we have not space to pur- Vice-Presidents and George R. Percy Secretary and Treassue the matter any further.
What has been eaid urer. Mr. Gubelman is Secretary and Treasurer of the Commercial Trust Company of New Jersey, which has been
above indicates that the subject forms an interesting instrumental in organizing
the new institution. The latter,
chapter in the world's manufacturing development.
it is expected, will open about September 15, and will locate
in the neighborhood of the Five Corners.'Jersey City.
ITEMS ABOUT BANKS, BANKERS AND TRUST
CO.'S.
The public sales of bank stocks this week aggregate 88
shares, of which 86 shares were sold at auction and 2 shares at
—
the Stock Exchange. The transactions in trust company stocks
reach a total of 92 shares. Stock of the Central Realty Bond
Trust Co., which is included in the proposed merger of
realty and construction companies, was sold this week at
650, representing an advance over the price paid at the last
previous public sale, June 11 1902, of 103 points. A considerable advance in price is also recorded for West Side Bank
stock, a sale having been made this week at 595, as compared
with 524 last June. In the "curb" market 10 shares of stock
of the Trust Co. of the Republic were sold at 265J^, after
which the bid price touched 285, with no further sales. Central Realty Bond & Trust Co. stock was in active request, and
135 shares were sold at prices ranging from 635 to 645.
&
Shares.
BAXKS—New
York.
Price
28 American Exchange Nat. Bank 273^
*11 City Bank. National
327-330
344*4
25 Commerce, Nat. Bank of
595
10 WeBt Side Bank
Bank— Brooklyn.
14 First National Bank
360
Trust Companies— New York.
650
Trust
Co
Realty
Bond
&
20 Cent.
8 N. Y. Life Ins. & Trust Co
1259»s
Trust Companies— Brooklyn.
430i«
50 Kings County Trust Co
227
1 4 William sburg Trust Co
*
Of
this,
Last previous sate.
July 1902- 275
July 1902— 325 14
May 1902— 349 ?8
June 1902- 524
July 1901—
800
June 1902- 547
July 1902— 1240
Mar.
Feb.
1902— 430
1902— 215^
2 shares were sold at the Stook Exchange.
—The New York
State Bankers' Association will hold its
annual convention in this city October 9 and 10 at the Clearing House; the headquarters will be at the Waldorf Hotel.
—The
Hamilton Bank has made arrangements for establishing a new branch at the corner of Seventh Avenue and
One Hundred and Thirty-fifth Street.
—
William G. White, the Comptroller of the Bank for
Savings, in this city, died on Friday, of last week of paralysis.
Mr. White began his banking career in the National
Currency Bank, and he was Cashier of that institution in
1869, when he received the appointment of Cashier of the
New York Sub-Treasury from Daniel Butterfield, then Assistant Treasurer. He was ad interim Assistant Treasurer
2 1870, when Judge Folger resigned, until July
when Mr. Thomas Hillhouse took the office. Mr. White
from July
11,
resigned in 1879 to accept the position of Comptroller of the
Bank for Savings. He had been Treasurer of the Union
—The
chosen for the lately organized Bloomfield
Trust Company, Bloomfield, N. J., are Mr. William H. White.
President
John Sherman, Vice-President, and Joseph H*
Dodd, Secretary and Treasurer— all ;of the Bloomfield Savings Institution. The company will begin business about the
middle of September.
officers
;
—The City Bank of New Rochelle, N. Y., has been converted into the National City Bank of New Rochelle and the
authorized capital increased from $50,000 to $100,000.
—The formal appointment of
the Fidelity iTrust
Company
temporary receiver of |the Empire State
Savings Bank of Buffalo, was made on the 18th inst. As mentioned in our issue of last we9k, the company volunteered its
services as receiver without compensation.
of Buffalo, N. Y., as
— An interesting study of continuous growth
is
shown by
the tabular statement given below for the Alliance Bank of
Rochester, N. Y.
Surplus <e
Gross
Aggregate s-Pricc.-^
Alliance Bk., Capital. Profits. Deposits. Resources. Bid. Ask
Rochester, N. Y. $
$
$
$
June 10 1902
275,000 161,590 4,017,144 4,453,735 225
250
Mar. 12 1902
275,000 133,238 4,051,624 4,459,868 200 215
Dec. 3 1901
275,000 135,713 3.801,799 4,223,514 190 210
Sept 12 1901
275,000 134,487 3,621,400 4,030,993 175
200
June 3 1901
275,000 132.781 8,682,054 4,089,837 175
200
Mar. 14 1901
275,000
86,181 3,256,006 3,617,188 175
200
Deo. 4 1900
275,000 114,228 2,964,618 3.353,847 165
....
Sept 4 1900
150,000
46,647 1,594,097 1,790,746 165
....
May 31 1900
150,000
62,868 1.875,932 2,088,801 165
175
Mar. 10 1900
150,000
44.482 1,561,906 1,756,389 175
....
Dec. 4 1899
150,000
58,315 1,551,916 1.760,278 160
....
Sept 20 1899
150,000
47,938 1,«06,053 1,803,992 160
....
150.000
June 14 1899
53,874 1,534,555 1.738,431 150
....
Mar. 30 1899
150,000
48,965 1,580,523 1,779,489 150
....
Deo. 19 1898
150,000
50,246 1,109,055 1,309,802 150
....
150,000
42,353
Sept 29 1898
995.368 1,187,721 150
....
150,000
July 28 1898
37,719
930,915 1.118,675 150
....
150,000
43,665
990,413 1,184,079 150
Apr. 261898
....
In contemplating the foregoing, it should perhaps be recalled that the Bank of Monroe of Rochester was absorbed
in the fall of 1900. Independently of that, however, the
Alliance Bank has displayed progress from the very start.
Its deposits in the four years given above have grown from
$990,413 on April 26, 1898, to $4,017,144 on June 10, 1902:
aggregate resources from $1,184,079 to $4,453,735, while sur-
and profits have risen from §43,665 to $161,590. The
League Club
management consists of Hobart F. Atkinson as President;
Capitalists identified with the Seventh National Bank of James G. Cutler, Vice President; Albert O. Fenn, Vicethis city are contemplating the organization of a new na- President and Cashier; John P. Palmer, First Assistant
tional bank, to be located in the vioinity of Herald Square. Cashier, and Charles A. El wood and Charles L. Barton, Asplus
since 1894.
—
Neither the name nor the capital of the institution has as yet
been decided upon.
—
The Royal Bank of New York, of the city of New York,
has been incorporated at Albany, with a paid-up cash capital
of $100,000 and an authorized capital of $1,000,000. The
Philip Sugerman, President; Mark H. Sugarofficers are
:
man, Vice- President, and F. C. Straat, Cashier. The offices
will be in the Bennett Building, Nassau Street, corner of Fulton. Provision is made in the articles of association for the
establishment of branches.
—Changes in
officials of
the Equitable National
Bank
of
sistant Cashiers.
—
The Merchants' National Bank of Philadelphia has
opened a foreign exchange department under the direction of
Mr. Francesco Ebell, formerly with the Deutsche Bank of
Berlin and later with the National City Bank of this city.
The bank is in direct connection with all parts of the British
Empire, the Continent of Europe and the Orient. As before
noted in these columns, the bank has made rapid strides during the last half dozen years. In the period between July 14
1896 and July 16 1902, the deposit account increased from
$2,733,253 to $14,546,907. Mr. F. W. Ayer is President; Hart-
man Baker, Cashier, and Thomas W. Andrew, Assistant
were made at a recent meeting of the board of
Cashier.
directors. Mr. James M. Bell is now President, Mr. Carl
No aotion has yet been taken by the directors of the
Rudolph Schultz, Vice-President; Mr. John Carraway, SecFourth Street National Bank of Philadelphia in the matter
ond Vice-President, and Mr. James S. O'Neale, Cashier.
successor to President Sidney F. Tyler, resigaed.
The Bowery Bank of this city on July 1 paid a dividend of a
Mr. Henry Daub has been elected Second Vice-President
of only 3 per cent, 6 per cent having been paid formerly.
Metropolitan National Bank of Pittsburg.
the
of
due
to
the
temporary,
heavy
it
is
stated,
is
reduction,
The
building.
bank
ereotion
of
the
new
The stockholders of the Citizens' Natioaal Bank of Pittssxpense in the
—Mr. Langley W. Wiggin, heretofore Assistant Cashier of burg, which is to be absorbed by the Union Trust Company
the Mutual Bank of this city, was on Thursday, at a meeting of Pittsburg, voted on the 22d inst. to place the bank in voluntary liquidation.
of the directors, appointed Cashier.
—Sundry changes have occurred in the Western State
Another step in the organization of the Jersey City Trust
Chicago, which indicate the control of that institution
Bank,
on
Tuesday,
taken
when
N.
J.,
was
Company of Jersey City,
this city
—
—
—
—
JOLT
THE CHRONICLE.
26, 1903.]
beaded by Col. Henry L.
organizing the Metropolitan Trust & Savings
Bank. Cnarles B. Pike, the 1st Vice-President, who sold his
large holdings to the syndicate, has been superseded by R. J.
The former Ca6hiei>
Bennett, former 2d Vice President.
R. J. Bennett, has been made 2d Vice-President, and
D. W. Buchanan, foreman y years an official of the Prairie
H. M. Hoyt and
State Bank, has been chosen Cashur.
George M. Ludlow were placed on the board cf directors to
represent the Turner interests, while other new interests are
represented by the election of John Kratz, A. E. Ziehme
and W. A. Wieboldt as directors.
as having passed to the syndicate
who
Turner,
is
163
plus of $200,000. The company began busk ess on the same
It is located at Sixteenth and Lawrence streets
day.
building with the recently organized Continental
National Bank, the same people being interested in both concerns. The officers of the ti ust company are Mr. William E.
Hughes, President; John W. Springer, Vice President, and
W. ,T. Ravenscrof t, Secretary and Treasurer. The bank
in the
opened on July
—The
15.
announced of the Union Trust Co.
with $600,000 capital, consisting of
None of the stock has been
6,000 shares of $100 each.
issued as yet, but it is the intention to issue the full amount
—Wilson W. Lambert has been appointed Auditor of the with one-sixth paid in. The company for the present time
American Trust & Savings Bank, Chicago. The office is a exists^for the purpose of holding a valuable piece of real
new one in that institution. Another new official in this in- estate, on which it proposes to erect a twelve-story office
stitution is Mr. George B, Caldwell, for the past year the building, the ground floor of which will ba occupied by the
representative of Messrs. E. H. Rollins & Co. of Boston, in Southern California Savings Bank of Los Angeles. Substanthe teriitory of Indiana, Ohio, Michigan, Illinois, Iowa, Wis- tially the same officers who control the Savings Bank will
consin and Minnesota, which place he has now relinquished. control the trust company.
The latter will, of course, also
Mr. Caldwell has accepted the position of Manager of the conduct a general trust business.
bond department of the American Trust & Savings Bank.
—The National Bank of Cuba (Binco Nacional de Cuba),
The $2,500,000 first mortgage 4 per cent bonds issued by with head office at Havana and branches in the principal
the National Safe Deposit Company of Chicago for the pur
cities of the island, has issued a statement of its condition
pose of helping to defray the expenses connected with the June 30 1902. This institution has a capital and surplus of
construction of the new First National Bank (Chicago) Build- $1,100,000 and the deposits on the above date were $4,294,995;
ing were offered to the stockholders of the bank at par and in- the total re- ources reach nearly 5% millions— in exact figurep,
terest, subscriptions being received until the 25th (yesterday.) $5,475,890.
The bank is a Government depository and doe«
The bonds will be delivered September 1, October 1, Janu- a general banking, foreign exchange and trust business.
ary 1 or April 1 1903, at the option of ihe subscriber. The Mr. Samuel M. Jarvis, Vice-President and the New York
bonds are dated August 1 1902 and mature $50,000 yearly representative, was one of the organizers of the North
from 1912 to 1932. The compaty, as noted in our issue of American Trust Company of this city and at one time its
incorporation
Los Angeles,
of
is
Cal.,
—
March
15 last, also increased its stock preliminary to the
and a majority
erection of the building,
of this stock
is
held
by the First National.
—The
Julio B. Rabel, PresiPresident. The other officials are
dent Perfecto Lacoste and Edmund G. Vaughn, Vice-Presidents
J. N. O'Connor, Cashier, and A. Santa Maria, Sec:
;
;
capital stock of $200,000 cf the Drexel State
Bank
in
retary.
Chicago has all been subscribed and the institution will be
opened about August 1 on the first floor of the Oakland
Hotel, corner of Oakland and Drexel Boulevards, a region of
JUNE.
the city greatly in need of banking accommodatiors. Henry
The Bureau of Statistics at Washington has issued
W. Mahan has been cbosen President, with the following
first board of directors
W. T. Fenton, A. W. Harris, Wil- the statement of the country's foreign trade for
liam A. Tilden, L. M. Smith, Oscar F. Schmidt and H. W. June, and from it and from previous statements
Mahan.
we have prepared the following interesting summaries:
IMPORTS AND EXPORTS FOR
:
—Cashier
H. Cameron, of the National Bank of the Rehad a narrow escape from drowning last
week in Late Michigan. He took a party of ten, including
his wife and daughter, out sailing in his yacht, and the boat
was capsized by a sudden equall. Two of the party were
drowned, one a friend of the Camerone, the other a sailor;
but the rest were rescued after being several hours in the
water clinging to the overturned boat.
Foreign trade movement of the United states.
J.
public, Chicago,
—The
National Bank of Bristol, Bristol, Tenn., control of
which, as noted in our issue of May 10, is now in the hands
of Mr. R. Lancaster Williams of Messrs. John L. Williams
& Son°, Mr. Hem y L. Cabell of the Richmond Tiust &
Safe Deposit Company of Richmond, and others, has increased
its
capital
from $50,000 to
[In the
f oil
M
July-Sept....
Oot.-Dec
...
Jan. March.
April
May
344.467
419.056
337,464
cases omitted .]
r*3 1.716
+ 105,748
75,822
75,689
72,705
+33,848
+26,932
+16,550
1900-01.
Exports.
Eacess.
1^3^2^^0^.911+479422
Total
all
,
,
413.037 +111,430
233.948+185.114
1O9.K0
319.930
445.982
373.767
120.764
124,668
102.774
1.487,765
.
Exeat
ImvorU.
185.049+134.881
404,682+241.300
209.84 6+164,061
76,698 +44,056
78,643 +45.925
68.404 +34,370
823,178+664.693
Gold and Gold In Ore.
July-Sept...
3,190
Oct.- Dec...
25.102
15,073
Jan.-March.
19,472
19,861
5.831
1,774
1.497
1,414
4,844
1,968
861
Map
—A new financial institution has
Imj>ort$.
102.621
89,256
June
three ciphers (000s) are In
11$ It*
Exports.
e re h' disc.
April
$100,000.
o wing tables
1901-02.
,
-16,882
22,165
+5,741
+9.212
+1.070
+471
-1.0JO
1,629
9,128
4,917
23,363
26.761
8.644
2.219
1,773
3,261
10.101
-1,198
-25.232
+484
+2,668
+8.328
been organized in Nor- Ju»e
5,345
+2,081
folk, Va., under the name of the Norfolk Banking & Trust
~
66.<-51
-12,866
-8C8
53,185
Total
49.319
48.541
Company. The authorized capital is $500,000, only $50,000 ot
Silver and Silver In Ore.
11.421
+5.711
17.182
13,063
7.356
+5,697
which will be issued at the start. The shares are to be sold July-Sept...
Oct.- Dee....
18.719
9.830
+8.888
14,161
8,666
+5.495
at par, $100.
While the company has the power to do a Jan.-March.
8.036
+6.434
14,620
11,752
6.420
+5.338
2.370
general trust and banking businesss, for some time to come its April
+2.589
2.050
+1691
4,959
3.741
+1.641
2,745
4,386
1,947
+1,838
3,785
operations will be confined to the lending of money on real May.
1,934
June
+2,635
1,803
4.869
3,250
+1,447
estate. Mr. W. H. Wales Jr., President of the Merchants' &
36,38tJ
Total
+47,899
28.233 +21,500
61,235
49.732
Mechanics' Savings Bank of Norfolk, is President of the new
— Excess of imports.
+ Excess ot export s.
concern, the rest of the executive staff bting made up of Mr.
T. J. Nottingham, Vice-President; Abbott Mori is, Secretary
We subjoin the totals for merchandise, gold and
and Treasurer, and R. Baker, General Council.
silver for the twelve months since July 1 for six years.
—The
Bank of Austin, Texas, has now disindebtedness to the State, having made the final
payment cf, roughly, $50,000—in exact figures, $49,798 98—
on the 3d inst. At the time of the euspersion last August
the bank was responsible to the State for about $398,000.
Since the reorganization in January regular monthly instalcharged
First National
ments have been made,
this latest
one extinguishing the
obligation.
—On
Colo.,
Merchandise.
its
July
1
the Ccntinental Trust
was incorporated with a
Company
of Denver,
capital of $300,C00
and sur-
Twelve
Uos. Exports. Imports.
Excess
of
Exports
_
$
I
01 04 1,382,033 902,911 479182
00-01 1,487 765 823,172
99-00 1,394 493 849,941
98-99 1,227,023 697.148
97-98 1,231,481 616.050
96-WJ 1.050,193 764, :3
,
•
Excess of Imports.
StLVSR.
GOLD.
«6ic93
544542
5 498". 5
615433
i^8«26»
Ex-
Im-
ports.
ports.
Excesf
of
Exports
Ex-
Im-
ports.
ports.
Excess
of
Ex-
ports.
~~$"~
$
48,541
53,185
48,267
37,62;
15,406
40,362
~~c~
*
*80r 49.732 48.232
4984k*
66.051 »14,86« 64.285 36.386
3.694 56.712 35.2SU
44.673
S8.956 •51,433 56,319 30.676
120,891 *li 4,9-6 55.105 30.92
85,015 •44/53 61,947 30^534
I
41.600
47,899
21,456
45.644
44,177
31.413
THE CHRONICLE.
164
Similar totals for the six months since January 1
make the
ASSETS.
Trust
LIABILITIES.
Fund Holdings—
Trust
Gold coin
$346,582,089
811ver dollars
453,997,000
3B.P61
Silver dollars of 1890....
Silver bullion of 1890..
29,660.089
Total trust funds
.$830 579.089
following exhibit.
.
MKRCHANDISB.
Six
Mos.
Bxports. Import*.
Excess
Of
Bxporti
$
Exports.
S
$
$
8ILVBR.
GOLD.
Im-
Excess
of
»,
ports. Exports
1
Ex-
Im-
ports.
ports.
01 Export i
$
t
~i~
t
General
Bzcest
United States notes
Treasury notes of 1890..
National bank notes
.
4,166 37,120 14,437 12,688
593,019 388.446 30467> 37,553 23.388
1898. 631,542 336,231 395281 6.225 93.596 •86.871 34,598 13,893 11,705
1897. 489.768 453,806 36,982 25,096 6,229 •18,867 38,155 15,049 13.107
In these tables of totals, gold and silver in ore for
all years are given under the heads respectively of
gold and silver.
.
The following shows the merchandise balance for
each year back to 1875.
No. of
Second Quarter.
NewEngland
Loan—
interest
payable,
Amount
Agg'teInt.-BearingDebt.l,687,9S5.1lO 784.926,670
Note— Denominations of Bonds
Outstanding.
.
146,112.790
931,070.310
are
;
May
81.
49,933.540 82
account
9,923,424 84
2.251.196 23
Miscellaneous items, . .
Total gen. liabilities..
38
*a),Btttt.c05
Cash Balance <fc Reserve—
Total cash and reserve. .$358,574,116 85
Made up of—
Available
$208,574,115 85
and
Reserve Fund
Gold&bull.$l60,000,000J)0
Grand
$l,270,81w,710 23
total
:
1901
Amount of
No. of
Liabilities. Failures.
,
Amount of
Liabilities.
$26,643,098
2,424
$24,101,204
349
$1,306,459
249
$2,205,204
States
938
1,193
1,241
Central States
...1,103
Western States
643
Pacific States and Territor's. 424
$9,525,292
19,286,182
8,812,747
3,467,872
11,261,857
4,038,346
3,982,610
l,Ofi3
Middle States
8outhern States
Southwestern States
471
461
$13,162,063
17,874,695
7,683,813
2,405,915
9,467,755
3,062,598
2,148,351
Aggregate United States... 6,1 65
$60,374,856
5,759
$55,804,690
June 30
$153,700 00
64,160 00
1.068,010 26
620
1,180
1.O09
351
1,224
Dominion of Canada
614
676
$5,542,926
$5,753,951
The record of failures in the Ucited States by quarters for
the first six months of the last eighteen years is as follows
:
,
Failures.
—
Tears
First Quarter.
,
.
Second Quarter.
Number
Amount of
Number
Failures.
Liabilities.
Failures.
$46,121,051
29,681,726
32,161,762
38,884.789
42,972.516
37,852,968
42,167,631
39,284,349
47,338,300
64,137,333
47,813.683
57,425,135
48,007,911
32,946.565
27,152,031
33,022,573
31,703,486
33,781,768
2,346
1,953
1,905
2,241
2,292
2,162
2.529
2,119
3,199
2,735
2,855
2,995
2,889
3,031
2,081
2,438
2,424
2,747
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
3,658
3,203
3,007
2,948
3,311
3,223
3.545
3,384
3,202
4,304
3,802
4,031
3,932
3,687
2,772
2,894
3,335
8,418
1902
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
1891, continued at 2 percent, called
May 18, 1900; Interest ceased August 18, 1900 ... $173.700 00
Funded Loan of 1891, matured September 2 1891..
64,16000
Old debt matured prior to Jan. 1, 1881
1,064,080 26
5,706,48845
Disbursing officers' balances
Post Office Department
Aggregate United States... 2,747
1901
,
reglst. 4s loan of 1907; of $50,000 registered 2s of 1930.
funded Loan of
$18,951,846 04
drafts
Six Months.
Of $500 allexcept5s of 1904 coup.; of $1,000 all Issues;
Of $5,O0Oallregiste d2s,3s and 4s; of *lO,O0Oall registered bonds;
Of $20,000
fund
Outstanding checks and
$5,321,381
8,455,560
3,038,879
1,008,311
4.339,665
979,230
958,278
New England
30.281.8SO
8,491,800
Of $10 only refunding certificates; of $20 loan of 1908 coupon and registered
Of $50 all issues except 3s of 1908: of $100 all Issues;
00
liabilities. .t»30.579.u»9
Qen. Fund Liabilities—
National bank 5 per cent
483
498
404
129
492
188
230
Dominion of Canada
Total.
$
446,940,750
97.516.6(0
283.177.400
81,980
134,994,200
19,410,360
t
9,649,050
47,<60,040
50,02H,450
$346 582,089 00
453,897,000 00
30,000,000 00
$3,681,051
8,741,477
4,718,966
1,113,436
4,418,803
1.836,674
2,182,691
Central States
Western States
Pacific States and Territor's.
80. 1902.
Coupon.
Failures.
States
Middle States
Southern States
Southwestern States
and Treasury cash
Amount
Total trust
.
427
546
496
272
510
340
156
,
issued.
Registered.
$
t
2s, Consols of 1980
Q.— J. 445,940,760 436,891,700
60,466.020
8s, Loan of 1908-1918.. Q.—F. 198,792.660
4s, Funded loan, 1907..Q.— J. 740,928,850 182,547,950
40,012,760
4s Refund'gcertiflc's.Q.— J.
4s, Loan of 1925....... Q.—F. 162,816,400 104,712.360
6s, Loan of 1904
Q.—F. 100,000,000 10.91B.650
74tle of
Treasury notes of 1890.
1902.
,
holdings of the U. S. are made up from official figures issued
June 30, 1902. For statement of May 31, 1902, see June 7, 1902,
page 1177 that of June 30, 1901, see July 27, 1901 page 166.
INTEREST-BEARING DEBT JUNE
Silver certificates
periods of the preceding year are given
SO 1902.
;
Fund Liabilities—
Gold certificates
Failures for Second Quarter and Since January 1.
The following figures, prepared from Messrs. R. G. Dun &
Co.'s statement, show the number of failures in the United
States and Canada during the quarter ending June 30, 1902,
and for the six months ending with the same date. For purposes of comparison like figures for the corresponding
EXCESS OF MERCHANDISE IMPORTS OR EXPORTS.
12 months ending June 30—
6 months ending Jxine 30—
1875
Imports.$21,795,212
Imports.$19,562,725 1875
1876
Experts. 50,063,783
Exports. 79,643,481 1876
1877
Exports. 37.896,413
Exports.151, 152,094 1877
1878
Exports.257,814,234 1878
Exports.155,854,535
1879
Exports.115,036,611
Exports.264,661,666 1879
Exports. 31,163,494
1880
Exports.167,683,912 1880
1881
Exports.259,712,718 1881
Exports. 97,999,966
1882
Exports. 25,902,683 1882
Imports. 89,437,030
1883
Exports.100,658,488 1883
Exports. 46,083,019
1884
Exports. 10,755,835
Exports. 72,815,916 1884
1885
Exports.164,662,426 1885
.Exports 55,313,693
1886
978.738
Exports. 44,088,694 1886
Imports.
Imports. 27,090,127
1887...
Exports. 23,863,443 1887
61,575,300
1888
Imports. 28,002,607 1888
Imports.
1889
Imports. 30,655,256
Imports. 2,780,277 1889
1890
Imports. 18,721,363
Exports. 68,518,275 1890
1891
Exports. 39,564,614 1891
Imports. 13,261,571
1892
Exports. 47,425.412
Exports.202,675,686 1892
1893
Imports. 68,800,021
Imports. 12,605,798 1893
Exports. 68,486,072
1894
ExportS.244,132,692 1894
Imports. 4,735,035
1895
Exports. 75,568,200 1895
1896
Exports.102,882,264 1896
Exports. 74,956,440
Exports. 36,961,882
1897
Exports.286,263,144 1897
_... Exports. 6 15,432,676 1898
Exports. 295,280,759
1898
1899
Exports.529,874,813 1899
Exports.204,573,754
Exports.544,541,898 1900
Exports.272,615,091
1900
1901
Exports.664,592,826 1901
Exports.288,411,518
1902
Exports.479,122,099 1902
Exports.182,577,667
of public debt
00
00
S3
00
00
95
.
Exoesj of imports.
The following statements
7,346,757
17,368,375
660,856
10,415.<61
137,656
10,740,340
14,012.0)5
31
Fractional silver coin. .
Fractional currency
142 10
917.H1289
Minor coin
Bonds and interest paid
14,436 07
Tot. in Sub-Treasurie 8.»l63,734,103 67
In Nat. Bank Depositaries —
Credit Treasurer of U. S.$l i9 81 4.634 83
6.691 .822 78
Credit U.S. dlsb. officer s
Total in banks
.$126,500.617 66
Reserve Fund Holdings—
Gold coin and bullion H150.OQO.ooow
Grand total
$ l.js? 0.81H.7 10 23
1899
DEBT STATEMENT JUNE
<>u
Fund Holdings—
Silver certificates
Silver dollars
Silverbullion
i
*
00
00
00
00
Goldcoin and bullion... $62,719,96272
Gold certificates
39,471,160 00
9,788 33.528 13,220 10,8 8
1903. 638.610 455,032 182578 30,849 10,516
1901- 731,853 433,441 388412 39,491 15,927 13, 56 38,434 15,135 13,299
1900. 712.034 439.419 372615 30.441 16,625 13,816 30,870 1S.849 11,521
LXXV.
[Vol.
—
Amount
of
Liabilities.
$28,601,304
20,752,734
22,976,330
29,229,370
82,856,337
27,466,416
50,248,636
22,989,331
121,541,239
37,601,973
41,026,261
40,444,547
43,684,876
34,498.074
14,910,902
41,724,879
24,101,204
26,643,098
P*0U e t a rg 3 ©omm er cial J^uflHsft Wzvo g
From oar own correspondent.!
London, Saturday, July 12, 1902.
Debt on which Interest has ceased
$1,301,880 26
$1,280,860 26
At the beginning of the week fears were entertained on
DEBT BEARING NO INTEREST.
the Stock Exchange that during the settlement, which has
United States notes
$346,681,016 00 occupied nearly the whole of the week, there would be some
Old demand notes
53 847 60
National bank notes— Redemption account
42 C7l',900 60 failures.
It was reported that firms formed for speculating
Fractional currency, less $3,375,984 estlm'd as lost or destroyed
6,873,828 63
on a large scale but not admitted to the Stock Exchange, or
Aggregate of debt bearing no Interest
$895,680,166 68
even recognized by it, had opened immense accounts for
RECAPITULATION.
financially weak people; that their clients were unable to pay
June 30, 1908.
May 81. 1902.
Inc. or Dec.
up, and that some of these outside speculative concerns were
Classification of Debt—
$
t
Interest-bearing debt
931,070.840 00
981,070,340 00
in
consequence in difficulties. These concerns operate through
Debt, interest ceased
1,280,860 26
1,801,880 26 Deo.
21,020 00
Debt bearing no Interest... 896.680.15tt 68 896,447,682 13 Inc.
232,574 60
members of the Stock Exchange, and although the rules of
Total gross debt
1,328,031,366 89 1,887.819.832 89 Inc.
211,654 60
the Stock Exchange stringently forbid such dealings, the
Cash balance in Treasury*. 858,674,115 85 846,850.229 84 Ino. 18,223,886 01
rules are not enforced— probably cannot be enforced.
To tal net debt
960,457,84104
982,469,572 65 Dec.13,012,331 61
At all events, it is notorious that the outside firms deal on a
» Including $160,000.000 reserve fund.
large scale through members of the Stock Exchange, and the
The foregoing figures show a gross debt on June 30, 1902, fear was that the members of the Stock Exohange, or at
of $1,828,031,356 89 and a net debt (gross debt less net cash
least a portion of them, might be brought down. These memin the Treasury) of $969,457,241 04.
bers took prompt measures to close the accounts of the outTreasury Cash and Demand Liabilities.— The cash hold- side concerns, and it is understood, furthermore, that they
ings of the Government as the items stood June 80 we have obtained assistance.
Nevertheless, there was one failure
prepared from the Treasury statement of that date.
announced yesterday. Still, since Wednesday a very much
I
:
July
86, 1902.]
THE CHRONICLE.
165
and aome of the great South 3 15-16d. per rupee were allotted about 5 per cent of
the
Later in the day special sales for
African honses have bonght their own securities on a large amounts applied for.
The result has been a decided improvement in quota- small amounts were made at is. 3 31-32d. per rupee.
scale.
The following return shows the position of the Bank of
tions and a very much relieved feeling.
Excepting, how- England, the Bank rate of disoount,
theprioe of oonsols, &o.
ever, in the first closing of acoounts, there has been little compared with the last three years
buying throughout the week. The Continent has continued
1902.
1901.
1900.
1899.
July 9.
July 10.
July 11
July 13,
selling; especially French investors have.
&
£
£
£
Jironlatlon
30,007.445
80,623,460
On Tuesday the new French Minister of Finance intro- Publio
30,610.180
28,988,600
deposit*
10,46t,187
8.914,607
8,889,805
7,930.947
duced his bill for the conversion of the three and a-halfs. It Other depoiits
41,686,172
48,192.001
48.038.3C 6
i 0,896,879
iOTerument seourlties
18,486,480
17,2t5,S09
20,370,536
18,36(4,532
">ther leourtties
is ingeniously framed and has been received most favorably
26,318,295
27,540,943
29,908.861
33,979,003
Reserve of notes and coin
25,467,857
18,889,864
20,031,468
in France.
The three and a-halfs are to become threes on dn A bullion. both depaitm'ti S7,6S9,8< '2 24,456,451
87.304,911
31,668.044
32,220,066
Prop, reserve to liabilities., p. o.
48 11-16
47 11-16
the 17th of November. On the other hand, the Finance Min- Sauk rate
peroent.
3
3
8
Consols, 3*4 percent
96 3-16
92 5-16
106 7-ia
ister offers to the holders a bonus of 1 per cent, and he also Silver
26 16-16d.
2456,5.
28 7-l6d.
27 ll-18d.
iiearine-Home return*
188.928. 000 161.844,000 166,971,000 171,730,000
offers to prepay the interest running from the 17th of No* July 18.
vember to the 1st of January on the former day. The interThe rates for money have been as follows:
est on the three and a-halfs is paid on the 17th of November;
the interest on the threes on the 1st of January, and as the
Interest allowed
Open Market Rate*.
converted stock is to take rank in every respect the same as
for deposit* by
the old threes, he has decided that interest shall be paid in London.
Irade Bills, Joint Dit'tB?*.
Bank Bills.
C
Stock At 7-14
8
future on the 1st of January, the 1st of April, the 1st of
3 Months. 4 Months. 6 Months. SMos. 4 Mns. Banks Oall Day*
«i
July and the 1st of Ootober. The bill passed the Chambers
2
8
June 14 3
2%@3
256
*56
256
2*
quite easily, and everybody anticipates a great success for the
"
2
3
>
20 3
8 9-16@256 2 9-16@256 8 9-16@256
2%
2*
"
3 9-16@2M 2 9-18@256 2 9-16@256
85 3
3
9%
1« 3
2*
measure.
Indeed, the opinion is very generally held in
8 7-16®2X
2
6 8
2 7-16
8
July
2«@256
2*
8J4
Paris that the terms offered are so satisfactory that there is
"
18 3
8 9-18
3
254
25*@8 2%@3
3
2K
2X
sure to be a considerable speculation in rentes, and that
The Bank rate of disoount and open market rates at the
therefore there is likely to be a considerable advance in qnochief Continental oities have been as follows:
tations.
The Minister of Finance expects to save annually
31 million francs, or about 1}4 millions sterling. There
July 11.
July 4.
June 87.
Jv/ne 20.
Rateiot
will still, however, be a large deficit of about A.% millions
Interest at
Bank Open Bank Open Bank Open Bank Open
sterling, and the expectation now is that the Minister of
Rate. Market Rate. Market Rate. Market Rate. Market
Finance will cover this by imposing an income tax.
S?4
3
3
2 9-16
3
3
254
Paris
2K
In Germany there is very little doing, although there are
3
8
3
8
Berlin
1%
VA
156
2M
many indications that the crisis is drawing to an end and
3
8
8
S
2*
1%
2*
that confidence is reviving. All sound securities are in bet3
8
3
3
8*
156
ter demand.
Especially there is a very free market for
3
3
3
3
256
2*6
«56
Government securities of every kind, and even for German
3
3
3
3
2W
8X
2M
municipal securities. Elsewhere on the Continent there is
254
3H
2K
2M
3H
2H
nom.
nom.
nom.
nom.
St. Petersburg..
4*
4*
little doing, tut there is unquestionably a much more hope4K
better feeling has prevailed
:
m
Madrid
ful feeling.
4
4
4
4
4
4
4
4
4
4
4
4
4
4
3)4
3«
The Board of Trade returns for June are fairlyjsatisfactory Copenhagen.
when it is recollected that there were two public holidays at
Messrs. Pixley & Abell write as follows under date of
the time when the Coronation was to have taken place. The July
10
value of the imports for the month was £40,665,315, a deGold— All available gold baa been taken for Paris, and the price in
crease of £1,045,723, or about 2*5 per cent. The value of the London has advanoed to 77s. 9Ud. There are atill inquiries for Paris
exports of British and Irish produce and manufactures was at the olose. Daring the weeK the Bank has received £86,000, chiefly
£21,252,383, a decrease of £1,192,041, or 5'3 per cent. In the from Australia, and has lost £454.000, of which £400,000 has been
sent to South Africa. For the week— Arrivals: Cape Town. £654.000;
imports there is a considerable falling off in raw materials Australia,
£41,000; Chile, £12,000; New Zealand, £10,000; Straits.
for textiles. Especially there is a marked decrease in the £9,000. Shipments Bombay, £10.500. For month of June—Arrivals:
receipts of raw cotton from the United States. There is also Holland, £278.000; Belgium. £49,000; Franoe, £31.000; Egypt.
a fall in the receipts of wool from Australia and South £218,000; South Africa, £515,000; East Indies, £645,000. Shipments:
France, £9.000; East Indies, £175,000.
..
:
:
America, but flax and jute are larger, both in quantity and
Silver -The market oontinued quiet until two days ago and the price
value, and so are raw silk and thrown silk. In the exports of cash silver dropped to 2 4 4 d. Yesterday, however, with more inquiry
there is an increase of a little over 6,000 tons in the exports from the East, a Paris mint order for 10,000 kilos and a better demand
for home requirements, the prioe advanced to 243sd. and to-day to
of coal, but there is a decrease of over £300,000 in value. 24'-'n<l., at which prioe a fairly large business has been transacted, the
Sheep's wool is larger in quaatitv and less in value. In cot- market dosing steady. Forward silver Is quoted at 24 1ad., bat there
ton yarn there is a larger falling off in quantity than in are more sellers than buyers at the price. For the week—Arrivals:
New York, £22,000; Chile, £6,000; Australia, £9,000. Shipments:
value.
Bombay, £25,900. For the month of June— Arrivals: Germany,
Money continues in good demand, but is somewhat more £58,000; Franoe, £13,000; United States, £421,000. Shipments:
plentiful.
A little while ago there was some expectation Germany, £15,000; Franoe, £13,000; Russia, £11,000; East Indies,
that in the course of the present month the Bank of England
might reduce its rate of discount. At present the feeling is
the other way, chiefly because there has been a sharp fall in
the Paris exchange upon London, leading to the fear that gold
might be withdrawn from the Bank of England. The best
opinion in Paris is that there will be no such withdrawals,
and that even shipments from New York to Paris are unlikely, at all events upon a large scale.
At the same time
there is a revival of the demand for gold in the open market
for Frenoh account. Half a million sterling in gold that was
received from South Africa this week has been bought up
for France. The best opinion in Paris seems to be that the
demand is temporary, that the great banks did not expect so
favorable a conversion proposal, that they thought it likely
therefor that many holders would refuse to convert, and
that they
made
preparations in consequence for assisting the
the belief is that the conversion will be
a great success and that very little of the old three and
a-halfs will have to be paid up.
If so, the demand for gold
is expected to fall off.
Consequently it is felt that the great
French banks will not withdraw much of the balances they
have so long been employing in London, and that even if, as
is generally anticipated, an active speculation in rentes springs
up, it will have to go on for a very considerable time before
it makes any material impression upon the Paris money
market. The conversion bill, in short, has reassured those
engaged in the money market, both in London and in Paris.
In spite of that, however, the feeling in London is that the
Bank of England ought to maintain its rate at 8 per cent,
although it is thought probable that money will become
Government.
Now
more plentiful and somewhat easier.
The India Council continues to sell its drafts fairly well.
It offered for tender on Wednesday 40 lacs, and the applications exceeded 1,312 lacs at prices ranging from Is. 3 2932d. to Is. 3 31-32d. per rupee.
Applicants for
bills at
Is.
£320,000.
is
Mexican Dollars—No transactions are reported, and the quotation
nominal at 24d.
The quotations for bullion are reported as follows:
GOLD.
London Standard.
July
8.
gold, fine
oz. 77
(J. S. gold coin.. .oz, 76
Jernrn goldooin.oz. 76
'.ar
July
Silver.
July
July
3.
London Standard.
10.
3.
d.
d.
10.
d.
t.
d.
9U 77 9
76 4
76 419
frenoh gold ooin.oz, 76 5* 76 5'
Japanese yen....oz. 76 4* 76 4
Nominal.
4^4
4V
Bar silver, fine. . . oz 249 16 245 16
Do 2 mo. delivery 24*9 24>4
Bar silver contain'g
do 5 grs. gold.oz. 251,8 241318
do 4 grs. gold.oz. 24'« 24»s
do S grs. gold.oz. 24iiie 247 16
oz. 267 16 263 16
Cake silver
Mexican dollars. oz. nom. nom.
,
The following shows the imports of cereal produoe Into the
Jnited Kingdom during the forty-four weeks of the season
compared with previous seasons
IMPORTS.
1901-03.
1900-01.
mp'ts Of wheat. CWt.60,369,098 58,431,600
Parley
19,970,062 18.142,100
)ats
.14,681.672 19,163,000
?eas
1,773,433
2,143.130
Seans
1,500.840
1.593.799
Indian eom
38,613,025 46,690,200
Sioux
17,092.563 19,559,100
1899-00.
53,911,900
13,889,400
15,788,500
2,263.400
1,429,920
48,640,700
18,146,200
1898-99.
53,550,850
20,948,643
12,564,120
1,981,250
1,717,770
47,016,760
18,944,605
Supplies available for consumption (exolusive of stooks on
September
1):
1900-01.
1901-02.
tfheatimported,0Wt.60,369,098 58,431,600
mportsof flour
17.092,563 19,559,100
lalesofhome-grown.22,037,597 22,024,313
1899-00.
53,911,900
18,146,200
28,931,559
1898-99.
53,550,850
18,944,605
30.731, 195
Total
99,499,258 100,015,013 100,989,659 103,226,650
25s. W.
26s. lid.
*.ver.prlcewheat,week.30s. 8d.
27a. 6d.
26s. 3d.
26s. Od.
Average prioe, season. 27s. 9d.
27b. Id.
..
.
5
'
:
THE CHRONICLE.
136
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
LattweeK.
week.
Th.it
Wheat
2,675,000
295,000
820,000
qrs... 2,485,000
to are... 280,000
are... 770,000
Flour, equal
Maize
1900
1901.
2,980,000
2,085,000
315,000
1,030,000
715,000
The exports
since Jan.
have been as follows
1
1901.
1902.
;
:
Difference:
*
*
Exports.
January
February
March
;
+-12
+323,298
Per
*
Ot.
-20
+13
—498,957
+274,821
—2,801,055
24,254,574
21,312.276
22,217,238
23,492,529
22,831,974
21,252,383
24,753,531
21,037,455
25,021,293
21,987,033
23,336,662
22,444,424
—1,192,041
—
Six moe.... 135,375,574
138,580,398
-3,204,824
-23
April
May
June
The re-exports of foreign and
show the following contrast
1902.
£
S
5,804,101
4,314,471
6,673,949
5,256,747
5,609,128
32,818,842
34,082,626
—1,263,781
April
Mav
June
4
1
Per Ot.
+5'7
Note.—The aggregate figures are official. They indicate that
adjustments have been made in the monthly returns as issued.
— 2'7
+62
— 17*0
—15-2
+0"6
— 37
slight
English Financial markets— Per Cable.
:
Silver,
per ounce
d.
Consols., new, 2% p.ota.
Sat.
Mon.
243a
967,e
95 k
24k
Tuts.
Wed.
Thun.
Fri.
247 16
2438
95 3g
247 18
24^18
9538
80
8078
81
957 18
95<J
95« i8
For account
953s
16
Wr'eh rentes (in Paris) fr 1C0-85 1C0-70 C0'72k
Spanish 4s
81
80%
80%
Anaconda Mining
5k
5k
Atch.Top. & Santa Fe. 91*4
103%
Preferred
112*4
Baltimore & Ohio
Preferred
99
Canadian Pacific
139k
57 7s
Chesapeake & Ohio
Ohloa. Great Western.. 31%
9138
1033s
Paul...
187k
18tt 78
Or., com....
45
94
40 k
,
&
Chic. Mil.
A Rio
Den.
Do
St.
do Preferred.
Brie, common
1st preferred...
72k
2d preferred
56
169k
Illinois Central
Louisville
& Nashville. 145k
Mexioan Central
Mexican National
Mo. Kan. & Tex., com..
do
Pennsylvania
pref.
do
96k
60>*
44k
37 k
100
97
82
34%
44%
37k
69?8
40
100
110k
94k
94k
31k
94k
31k
47%
79%
Wabash
Do preferred
47'8
79 k
Do
*
35k
63k
UO's
93%
oom.
41k
pref.
Pah. "B"
Price per share.
71*8
55
169%
145%
63
168
413e
99
141
187%
44k
94k
88%
62k
70k
40%
Do
145k
11488
186»8
303s
.
Preferred
U. 8. Steel Corp.,
55
169
e
5k
943s
105 k
56k
31
Southern Paoifio. .,
South'n Railway, com.
Onion Paoifio
89k
71%
95k
95%
95k
95°s
00
0037k
47k 10040
7
56k
31%
30%
19k
30%
35
Preferred
44
94
98k
140
30k
19k
*Phlla. A Read
*Phila. A Read. ,1 st pref.
•Phila.
Read. . 2d pref
A
56*8
31k
104k
113k
30k
19k
Preferred
62k
H. Y. Cent'lA Hudson.. 166
S. Y. Ontario & West'n 35
Norfolk & Western
636b
Do
113k
98k
138k
5k
92%
165%
34 k
62k
96k
82
3438
44
37
69k
3908
32
45
94%
39k
71k
54k
169k
145k
30%
19k
30k
62%
168k
34%
62k
96k
82k
34%
44k
373b
70k
100
40
100
110*8
lllk
94k
41k
94%
94
31%
48
79
53s
5k
943s
P4k
105%
113%
98 k
142%
104%
56 k
55%
31%
31%
189k
453e
96
39
71%
55
171
145k
30k
19k
31%
64k
169
34%
62 k
99
U3
99k
141 8
192%
45k
96k
38%
70k
54
172
150
30k
19k
31%
64 k
i68k
34k
62%
98k
82k
82
845a
34k
44%
37k
44 k
373e
70*8
40
99<s
H2k
94%
41*8
4058
93 k
93*4
81%
48k
31%
48k
79*4
79
H. J. Bolton, President; Ohas. W. Leesemann,
Cashier.
6,3 14 -The First National Bank of Elmwood Plaoe. Ohio. Capital,
$25,000. George E. Pfau, President; A. L. Pope, Cashier.
6,315—The Mlnot National Bank, Mlnot, North Dakot*. Capital,
$25,000. Herman J. Haskamp, President; Jacob A. Erlckson,
Cashier. Conversion of th-i Security State Bank of Mlnot.
6,316—The FirstNational Bank of Spring Valley. Minnesota. Capital,
$50,000. W. P. Tearse, President; J. H. Davis Jr Cashier.
6,317— The City National Bank of Temple. Texas. Capital, $100,000.
Chas. M. Campbell, President; W. S. Rowland, Cashier.
6,316— The First National Bank of Clifton, Illinois. Capital, $25,000.
John C. Gleason, President; Alfred L. Morel, Caihler.
6,319—The First National Bank of Enterprise. Alabama. Capital,
Malone, President; W. D. Hutohlson, Cashier.
$50,000 O.
6.320 -The First National Bank of Fioresvllle. Texas. Capital, $50,Brown, Cashier.
000. John Griffith, President; J.
6,321—The First National Bank of Dawson. Minnesota. Capital,
Christophers on, President; C. H. Sullivan,
$30,000. S
Cashier.
6,322— The First National Bank of Norwood, Ohio. Capital. $100,000
O. H. L. Wernicke, President; Thomas MoEvllley,
$J0,000.
,
The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending July 25
LOHDOM.
National Bank of Kansas City, Kansas.
Capital, $200,000. P. W. Goebel, President ; C. L. Brokaw,
Cashier.
6,312—The First National Bank of Leeds, North Dakota. Capital,
$25,000. E. B. Page, President; S. J. Atkins, Cashier. Conversion of the Bank of Leeds.
Capital,
6,313—The Wharton National Bank, Wharton, Texas
6,311—The Commercial
+289.139
—162,187
—886,054
+387,942
—799,482
+86,858
March
!
Difference.
5,051,307
5,966,288
5,200,525
6,286,007
6,056,229
5,522,270
February....
Sixmos....
—504,688
colonial produce since Jan.
1901.
Ke-expokts.
*
January
5,340,446
—11-2
+6*8
—2-1
+1,505,496
E. Bratten, Cashier. Conversion of The Commercial & Sav
ings Bank of Snow Hill.
6,298-The Tulia National Bank, Tulia, Texas. Capital, $25,000. W.
C. Dinwiddle, President Ray Price, Cashier.
6,299—The First National Bank of Comanch •, Indian Territory.
Capital, $.'5,000.
President; J. T. Jeanes,
Cashier.
The
First
6,300—
National Bank of Collinsville, Texas. Capital,
$25,000. J. W. Dishman, President; T. F. Rodgers. Cashier.
6,301—The Mellon National Bank of Pittsburg, Pennsylvania. Capital, $2,000,000. Andrew w. Mellon, President; Walter 8.
Mitchell. Cashier.
6,302— The First National Bank of Philippt, West Virginia. Capital,
$50,000. J. N. B. Crini, President I. F. Manown, Cashier.
6,303— The First National Bank of Pocahontas, Iowa. Capital, $25,000. L. C. Thornton. President W.S. MEwen, Cashier
6,301— The First National Bank of Two Harbors, Minnesota. Capital,
$50,000. A. D. Daviieon, President; Jas. D. Anderson,
Cashier.
6,305— The National B ink of Commerce of Natchez Mississippi- Capi,
tal,
$100,000.
President; Thomas Mount,
Cashier.
6,306— The First National Bank of Stroud, Oklahoma.
Capital,
$25,000. H. 8. Enimerson, President; E. H. Emmerson,
Cashier.
6,307—The Citizens' National Bank of Anadarko, Oklahoma. Capital,
$25,000. Lewis W. Myers, President; Ira E. Cox, Cashier.
6,308—The Marion National Bank, Marion. Ohio. Capital, $200,000.
Edward Huber. President; Henry B. Hane, Cashier.
6,309—The Farmers' & Merchants' National Bank of Wabash, Indiana.
Capital, $100,000. H. B. Shively, President;
,
Cashier.
6,310—The Morris National Bank, Morris. Minnesota. Capital,
$25,000. D. J. Stewart, President; F. R. Putnam, Cashier.
,
British imports since Jin. 1 have been as follows :
1901.
Difference.
1902.
Per Ot.
*
£
*
Impobts.
+9
45,987,516
+4,143,832
January
50,131,348
+4-9
39,714,439
+1,977,152
February.... 41,691,591
—11-9
40,426,056
—5,528,195
40,897,861
March
—0-14
—65,689
48,265,617
46,199,928
April
42,426,759
+2 1
+926,945
43,353,70)
May
—2-5
—1,045,723
41,711,038
40,«65,315
June
232,416,790
LXXV.
;
34^,000
The
Six mos.... 262,740,088
[Vol.
703a
40
99%
112k
95 k
40k
93%
3lk
48
78%
H
H
6,323—The First National Bank of Paris, Kentucky. Capital, $50,000. Claude M. Thomas, President; Jas, M dure, Cashier.
6,324— The First National Bank of Weleetka, Indian Territory. Oapi
Wm. G. Oathaart, President; George Clarkson,
tal, $25,000.
Cashier.
6,326—The Wilmerding National Bank, Wllmerdlng, Pennsylvania.
H. L. Greer, Presilent; A. W. Heoker,
Capital, $75,000.
Cashier.
6,326—The Yates Center National Bank, Yates Center, Kansas.
Capital. $25,000. Henry II Wi iter. President; Levi Bobbins, Vice-President L M. Beck, Cashier.
6,327— The First National Bank of Washburn, North Dakota, Capital,
$25,030. George L. Robinson, Presilent; Franklin E. Funk,
;
Cashier.
6,328—The Columbia County National Bank of Benton, Pennsylvania.
Capital, $25,000.
John G. MoHenry, President; Alfred
Mc Henry,
Cashier.
6,329—The First National Bank of Groveton, Texas, Capital, $25,000 George W. Kiddle, President; L. R. Fife. Cashier.
6,330—The Citizens' National Bank of Springvllle. New York. CapiII Curtis. President
tal, $25,000.
F. H. Furman, Cashier.
6,331— The Welcome National Bank, Weloome, Minnesota. Capital.
$25,000. A. L Ward, President; A. W. Gamble, Cashier,
Conversion of the Welcome State Bank.
6,332—The Kingwood National Bank, Klngwood, West Virginia. Cap
;
$25,000.
ltal,
Robinson, President;
Ira E.
,
Oimliiflr
6,333—The Caldwell National Bank, Caldwell, Kansas.
Capital, $25,000. T. K. Neal, President; Ira E. Swain, Vice-President; M.
M. Fulkerson. Cashier.
6,334— The Merchants' National Bank of 8outh Bend, Indiana. Capital, $: 00,000.
James M. DeRhodes, President; Kersey J.
DeRhodes, Cashier.
6,335—The Breckenrldge National Bank, Breokenrldge. Minnesota.
John Grove, President; S. D. Baloh,
Capital, $25,000.
Cashier.
6,336—The Third National Bank of Albany, Georgia.
Capital, $50,-
Morris Weslosky. President; f. H. Bates. Cashier.
6,337—The First National Bank of Churohs Ferry. North Dakota.
Capital, $25,000
A. O. Whipple, Piesident;
000.
,
Cashier.
6,338—The Gulf National Bank
National Banks. —The following information regarding
national banks is from the Treasury Department.
June
R
J.
Walker,
1 to July 19, 1902.
('ashler.
6,292—The Lindsay National Bank of Gainesville, Texas. Capital,
$200,000. James M. Lindsay, President
Lewis B. Lindsay,
"
;
Cashier.
6,293— The First National Bank of Plainvlew, Minnesota. Capital,
$25,000. A. L Ober. President; F. G. Shumway, Cashier
6,294-The First National Bank of White. Sou h Dakota. Capital.
$25,000. W. H White, President; W. A. Burgess. Cashier.
6,295—The First National Bank of Burn?, Oregon. Capital, $25 000
John D. .ly, President N. U. Carpenter, Cashier.
6,296—The First National Bank of Co umbiana. Ohio. Capital,
$4^.000. John E. Allen, President; N.
BaBti ger
Cashier.
6,?97—The Commercial National Bank of Snow Hill, Maryland.
Capital, $30,000. L. L. .Di-ickson Jr., President; William
D
6,339—The Hot Springs National Bank, Hot Springs, South Dakota.
Capital, $25,000.
E. 8. Kelly, President; W. W. Stewart,
6,340— The
6,291—The First National Bank of Lake Providence, at Providence.
Lake Provi lenoe, Louisiana. Capital, $50,000.
President;
A
Cashier.
NATIONAL BANKS OBOANIZED.
Certificates Issued
of Beaumont, Texas. Capital, $100-,
000. Thos. H. Lanirhain. Preei lent;
L. Williams, Cashier;
W. B. Dunlap, Vice President; H. D. fr'letoher, Asst. Cashier.
;
M
First
National
Bank
of Meeteetse,
Wyoming.
Capital.
Hogg, President; W. Dean H;i.vs, Cashier.
6,341—The First National Bank of Rugby, North Dakota Capital,
$ 15,000. F. \V. Wilder, President; A H. Jones, Cashier.
6 342— The Taylor National Bank of Campbellsvllle. Kentuoky. Capital. $2i,00O. D. W. Gowdy, President; G. II Gowdy. Cashier.
6,313— The Citizens' National Bank of Harrison ville, Missouri. Capi$25,000.
tal.
6,344— The
W.
T.
$25,000.
First National
$50,000.
Cashier.
,
President; Charles E Allen, Cashier.
Perryopolle, Penn-ivlvanla. Capital,
Bank of
Mark M. Coohi.tn, President; Howard Adams,
6,345—The People's National Bank
of
Wellsvllle, Ohio.
Capital,
.President; H B. Nicholson, C.iehier.
$100,000.
6,346—The First National Bank of Frisoo, Texas. Capital, $25,000.
Camler.
Ed. Rodgers, President;
,
OOBPOBATK KXI8TENOBOF NATIONAL BANKS EXTENDED.
2,672—The
First National
olose of business
Bank of Portsmouth, Now
March
II
unpshlre, until
1922.
2,679—The Shenandoah National Bank, Shenandoah Iowa, until olose
of business
March
3,
2,
1922.
J
July
.
THE CHRONICLE.
26, 1902.
2,648— The Fergus Falls National Bank, Fergus Falls, Minnesota*
until close of bnsiuess March 4, 1922.
2,659-The First National Bank of Baugor, Pennsylvania, until close
of business March 14, 1922.
2,703— The First National Bank of George town, Ohio, until olose of
business March 24, 1922
2,669- The Natioaal Bank of West Grove, Pennsylvania, until close
of business Mareh 25, 1922.
2,663— The State National Bank of Maysvllle, Kentucky, until close
of business March 27. 1922.
2,674— The First National Bank of Sti.lwater, Mlunesota, uitil close
of business March 2-, 1922.
2,657-Thr» \\'at*rtown National Bank Watertown, New York, until
c'.ose of business March 2 », 1922.
2,658— The Mechanics' National Bank of Knoxville, Tennessee, until
olose of business Maroh 30, 1922.
2.655— The First National B ink of Corning, New York, until olose of
business April 3, 1922.
2,693 -The First National Bank of Youngstown, Ohio, until close of
bnsiuess April 4. 1922.
2,660— The Lebanon National Bank, Lebanon, Indiana, until close of
business April 6, 1922
2,676-The Third National Bank of Bloomington, Illinois, until olose
of business April 6, 1922.
2,682— The First National Bank of New Haven,' Connecticut. ;until
close of business April 10, 1922.
2,891— The First National Bank of Salem, Ohio, until olose of bu-iness
April 10, 1922.
2,665— The Nebraska National Bank of Omaha, Nebraska, until c'oae
of business Apiit 11. 1922.
2,573—The Second National Bank of Brownsville, Pennsylvania, until
the olose of business April 11. 1922
2,690 -The First National Bank of Cleveland, Ohio, until olose of business Apiil 12, 1922.
2,712— The First National Bank of McConnelsville, Ohio, until olose' of
business April 12, 1922.
2,668-Ths Second National Bank of the City of New York, New York
until olose of business Aorll 13. 1922.
2,671— The Tradesmen's National Bank of Oonshohooken, Pennsylvania, until the close of business April 1*. 1922
2,689—The Traders' National Bank of Fort Worth, Texas, until olose
of business April 17, 1^22
2.709—The 8terllng National Bank, Sterling, Illinois, until olose of
business April 20. 1922.
2,683— The First National Bank of York, Nebraska, until olose of
business April 2 2, 1922.
2,699— The First National Bank of Worcester, Massachusetts, until
close of business April 24, 1922.
2,715— The First National Bank of Milwaukee, Wiseonsln. until close
of business April 24. 1922.J
2,670-The First National Bank of Ohloago, Illinois, until olose of
business April 25. 1922.
2,685—The First National Bank of Barre, Missaohusetts, until the
olose of business April 25, 1922.
2,725— The Seoont Natioaal Bink of Belolt, Wisoonsln, until olose of
business April 26. 1922.
2,678— The Third National Bank of Dayton, Ohio, until olose of business April 27. 1922.
2,695-The First National Bank of Davenport, Iowa, until 'close of
business May 1, 1922.
2,721—The First National Bank of Stuart, Iowa, until close of bu=iness
Mav 1, 1922.
2,686— The First National Bank of Gunnison, Colorado, until olose of
business May 2, 1922.
2,719— The First National Bank of Gene 7a, Ohio, until close of business May 2, 1922.
2,688-The Fanners' National Bank of Springfield, Illiaois, until close
of buriuess May 2, 1922.
2,697—The First National Bank of 8cranton,3Penn8ylvatia, until' the
close of busiaess May 5, 192 2.
2,727— The First National Bank of Troy, Ohio, until close of business
May 5, 1922.
2,701—The First National Bank of Fort Wayne, Indiana, until olose
of business May 6, 1922.
2,714-The Fi^t National Bank of Ann Arbor, Miohigan. until close
of business May 6, 1922.
2,700— The First National Bink of Strasburg, 1 Pennsylvania, until
close of business May 8, 1922.
2,711—The Conimerciil National Bank Jof Pittsburg, Pennsylvania
until cose of business May 8, 1922.
2,729—The First National Bank of McKiiney, Texas, until clo>e of
business May 8. 1922.
2,698— The First National Bank of Akron, Ohio, until c'.ose of business
May 11, 1922.
2,720— The Clarksvllle National Bank. OUrksvi.le, Tennessee,! until
close of business May 11, 1922.
2,734—The First National Bank of Cambridge City, Indiana, until
close of business May 11, 1922.
2,706 -The First National Bank of Crete, Nebraska, until oloae of
business May 12, 1922.
2,702— The DeKalb National Bank, DeKalb, Illinois, until olose of
business May 13, 1922.
2,703— The First National Bank of Fremont, Ohio, until close of
business May 13. 1922.
2,740—The Oatlettsburg National Bank, Callettsburg, Kentucky, until
close of business May 13. 1922.
2,744—The First National Bank of Hollidaysburg, Pennsylvania, until
olose of business May 15, 1922.
2,717— The First National Bank of Lafayette, Indiana, until olose of
business May 17, 1922.
2,718— The Ci izens' National Bank of Oberlin, Ohio, until close of
business May 19, 1922.
2,819-The First Nation il Bank of Huron, South Dakota, until olose
of business May 19, 1922.
2,730— The Third National Bank of Cincinnati, Ohio, until olose of
business May 20, 1922.
2,716— The 8eoond National Bank of Akron, Ohio, until olose of business May 22, 1922.
2,747— The First National Bank of Michigan City, Indiana, until olose
of business May 22, 1922.
2,728—The First National Bank of Le Mars, Iowa, until close of
business May 23, 1922.
2,743— The First National Bank of Janeavllle, Wisconsin, until olose
of business May 23, H22.
2,710—The First National Bank of Marietta. Pennsylvania, until olose
of business May 24, 1922.
2,723— The Cltiz-ns' National Bank of Weatherford, Texas, until olose
of business May 29, 1922.
2,728—The First National Bank of Villisoa, Iowa, until olose of business May 29, 1922.
2,680— The First National Bank of Richmond, Indiana, until [olose of
business April 15, 1922.
2,664 -The Second Natioaal Bank of Cincinnati, Ohio, until close of
business April 17, 1922.
2,72e— Th°i German National Bank of Newport, Keituoky, until olose
of business June 2, 1922.
2,722— The Firmers' & Traders' National Bank of Covington, Kentucky, until close of business June 3, 1922.
2,733 -The First National Bank of Lyons, Iowa, until close of business
June 7, 1922.
.
'
167
1— The First
National Bank of Philadelphia, Pennsyl*aa:a, until
close of business June 10, 1922.
2,738— The First National Bank of Iowa City, Iowa, until close of
bus iiess June 12, 1922.
2,752—The First National Bank of Miles City, Montana, until cloee of
business June 12. 1922.
2,742—The First National Bank of Terre Haute, Indiana, unntil olose
of business .Tunc 13. 1922.
2,755—The Union National Bank of Franklinville, New York, until
close of business June 13, 1922.
2,737— The First National Bank of Roanoke, Virginia, until olose of
business June 14, 1922.
2,756—The First National Bank of Hebron, Nebraska, until oloae of
business June 14, 1922.
2,739—The First National Bank of Johnstown, Pennsylvania, until
close of business June 15. 1922.
2,743 -The First National Bank of Bath, Maine, until olose of business
June 16, 1922.
48—The First National Bank of Pittsburg, Pennsylvania, until
olose of business June 17, l c 2 2.
2,736-The First National Bank of Wilkes Barre, Pennsylvania, until
olose or business June 19, 1922.
2,741—The First National Bank of Nashua, New Hampshire, until
close of business June 19, 1922.
2,746—The First National Bank of Falls City, Nebraska, until olose of
business June 20. 1922.
2,764— The Chase County National Bank of Cottonwood Falls, Kansas,
until close of business June 21, 1922.
2,762—The Atlantio National Bank, Atlantic, Iowa, until olose of
business June 2 », 1922.
2,753—The First National Bank of Marion, Iowa, until olose of business June 30, 1922.
2,758— The Exchange National Bank of Atchison, Kansas, until olose
of business
July
8.
1922.
2,763—The Fort Dodge National Bank, Fort Dodge, Iowa,
until close
of business July 8, 1922.
2,760— The People's National Bank
of
Lynchburg, Virginia, until close
of business July 10. 1922.
2,759— The Eau Claire National Bank. Eau Claire, Wisoonsin, until
close of business July 17, 1922.
2,831—The First National Bank of Fostorla, Ohio, until olose
of
business July 18, 1922.
CORPORATE EXISTENCE OF NATIONAL BANKS RE-EXTENDED.
First National Bank of Findlay, Ohio, until close of busi-
36—The
ness Jaly 14. 1922.
First National Bank of Towanda, Pennsylvania, until
close of business July 19. 1922.
31— The First National Bank of Huntingdon, Pennsylvania, until
olose of business July 20, 1922.
39—The
EXPIRATION OF CUARTERB.
2,654—The oirporate existence of Tue National Bank of Kittanning,
Pennsylvania, expired at close of business March 10, 1902.
2,656—The First National Bank of Washington, Iowa, expired by limitation at olose of business
March
13. 1902.
2,692—The corporate existence of the First National Bank of Evansville, Indiana, expired by limitation atcloseof business April
19, 1902.
2,704 -The corporate existence of The First National Bank of Porter
County at Valparaiso, Indiana, expired by jiroicaiion oa May
4, 1902.
INSOLVENT.
of Belmont, Ohio, is Insolvent, and
was, on February.25, 1902, placed in oharge of James W. De
Lay, Receiver.
LIQUIDATION
601— The Washington National Bank of Boston, Massachusetts, has
gone Into voluntary liquidation by resolution of its stockholders dated February 20, 1902, to take effeot immediately.
629— The Suffolk National Bink of Boston, Massachusetts, has gone
into voluntary liquidation by resolution of its st6okholders
dat^d February 20, 1P02, to take effeot Immediately.,
1592— The Wlokford National Bank, Wlckford, Rhode Island, has gone
lDto voluntary liquidation by resolution of its stockholders
dated February 20. 1902, to take effect immediately.
1765—The Central National Bank of Columbia, South Carolina, has
gone Into voluntary liquidation by resolution of its stockholders dated February 12. to take effect February 25, 1902.
4702—The Albert Lea National Bank, Albert Lea Minnesota, has gone
into voluntary liquidation by resolution of its stockholders
dated February 18, to take effect February 19, 1902.
487—The First National Bank of Elizabeth, New Jersey, has gone
Into voluntary liauldation by resolution of its stockholders
dated February 2 1, to take effeot March 1. 1902.
5,350 -The Century National Bankof Cleveland, Ohio has gme into
voluntary liquidation by resolution of its stockholders dated
4864— The
First National
Bank
March
20. 1902. to take eftect Immediately.
of Chicago, Illinois, has gone
into voluntary liquidation by reso.ution of Its stockholders
dated Maroh 27, to take effect Maroh 29, 190 1.
5,059—The Cambria National Bank of Johnstown, Pennsylvania, has
gone into voluntary liquidation by resolution of its stockholders dated March 17, to take effeot April 1, 1902.
6,147—The Old National Bank of Youngstown, Ohio, has gone Into
voluntary liquidation by resolution of its stockholders dated
Maroh 27, 1902. to take effecr, Immediately.
5,653 -The Metropolitan National Bank of Cleveland, Ohio, has gone
into voluntary liquidation by resolution of its stockholders
dated Maroh 31. to take effeot April 1, 1902.
1,796— The Union Nat. Bank of New Orleans, Louisiana, has gone into
voluntary liquidation by resolution of Its stockholders dated
April 14, 1902, to take effect immediately.
5,080 -The First National Bank of Vandergrlft, Pennsylvania, has
gone into voluntary liquidation by resolution of its stockholders dated April 28. t > take effect May 15. 1902.
1,524—The National Bank of Martinsburg. West Virginia, has gone
Into voluntary liquidation by resolution of its stockholders
dated March 25. to take effeot May 31. 1902.
2,885—The Delphos National Bank, Delphos, Ohio, has gone into voluntary liqldatlonbv resolution of Its stockholders dated May
15, to take effeot May 29. 1902.
640—The Troy City National Bank, Troy. New York, has gone into
voluntary liquidation by resolution of Its stockholders dated
Mav 29, 1902, to take effect Immediately.
3,179—The Metropolitan National Bank of Chicago, Illinois, has gone
Into voluntary liquidation by resolution of its stockholders
4 y 29. to take effect May 31. 1902.
dated
1,902 -The Gainesville National Bank, Gainesville, Texas, has gone
into voluntary liquidation by resolution of its stockholders
adopted May 29. 1902.
642—The Merchants* National Bank
M
362—The Seoond National Bankof Newark, New
Jersey, his gone
into voluntary liquidation bv resolution of its stockholders
dated June 11, to take effeet June 14. Ifl02.
3,730-The Preston National Bank of Detroit, Michigan, bas gone into
voluntary liquidation by resolution of its stockholders natea
June 17, 1902, to take effect Immediately.
1,220-The Newark City National Bank, Newark. New Jersey, has
gone into voluntary liquidation by resolution or its stockholders dated May 12, to take effeot June 30, 1902.
.
..
:
,
THE CHRONICLE.
168
4,766—The East Orange National Bank, East Orange, New Jersey,
has gone Into voluntary liquidation by resolution of Its stockholders dated June 25. to tafce effect June 30, 1902.
5,042— The Beaver National Bank, Beaver, Pennsylvania, has gone
into voluntary liquidation by resolution of Its stockholders
dated May 20, to take effect June 30, 1902.
5,509—The Bellevue National Bank, Bellevue, Pennsylvania, has gone
Into voluntary liquidation by resolution of its stockholders
dated June 7, to take effect June 30, 1902.
1,160—The Old National Bank of Whitehall, New York, has gone into
voluntary liquidation by resolution of its stockholders dated
June 17, to take effect July 1, 1902.
2,235— The Third National Bank of Allegheny, Pennsylvania, has gone
Into voluntary liquidation by resolution of its stockholders
dated June 30, to take effect July 1, 1902.
2,559—The Third National Bank of Chattanooga, Tennessee, has gone
into volnntary liquidation by resolution of Its stockholders
BXPOBTI AND IMPORTS OF 9PBOIB AT
vllle.
The Farmers' & Merchants' Savings Bank of Lancaster, Missouri,
Into The Figge National Bank of Lancaster.
Capital, $50,000.
Blanks sent
to
Geo.
R
Baker.
Caf-liier.
The Lincoln County State Bank
of Hindrlcks, Minnesota, into The
of Hindrioks. Capital, $25,000. Blanks sent to
L. M. Lerwick, Hindrioks, Minnesota.
The State Bank of Westbrook, Minnesota, into The First National
Bank of Westbrook. Capital, $25,000. Blanks sent to the State Bank
First National
Bank
of Westbrook.
The Albany County Bank, Albany, New York, Into Albany County
National Bank of Albany. Capital, $250,000. Blanks sent to The
Albany County Bank.
The Newcastle State Bank, Newcastle, Nebraska, into The First Na-
Bank of Ne ./oastle. Capital, $25,000. Blanks sent to Mr. Chas.
E. Crew, Newcastle, Nebraska.
The City Bank of New Roohelle, New York, Into the National City
Bank of New Roohelle. Capital, $100,000. Blanks sent to City Bank
of New Roohelle, New York.
The State Bank of Ivanhoe, Minnesota, into the First National Bank
Blanks sent to Mr George Graff
of Ivanhoe. Capital, $25,000.
Ivanhoe, Minnesota.
tional
Imports and Exports for the
Week.— The following
are
the imports at New York for the week ending for dry goods
July 17 and for the week ending for general merchandise
July 18, also totals since beginning first week January,
FOREIGN IMPORTS.
For week.
1902.
1901.
1900.
1899.
West Indies
$21,945
2,000
22,000
411 other countries.
Total 1902
Total 1901
Total 1900
Gen'l mer'dise
Total
Since Jan.
82,307,742
8,715,898
82,312,226
9,058,651
$1,973,496
6,528,522
$1,914,846
7,145,795
911,023,640
$11,370,877
$8,502,018
$9,060,641
$69,496,878
239,159,603
$58,432,132
256,278,119
869,784.510
241,808,267
$57,999,148
235,577,411
1.
Dry Goods
Gen'l mer'dise
Total 29 weeks 5308,655,376 5314,710,251 8311,592,777 $293,576,559
Week.
1.
$184,625
14,130,388
1,586,104
587,669
35,100
349,974
103,046
France
Since Jan. 1.
650
84,866
437,560
25
190,217
20.256
592,719
108,533
$59,001
78,166
24,620
$1,354,166
1,478.708
1,476,325
934,978
6
23,368
$45,945 $16,976,906
29,410 29,178,925
2,170,389 29,638,105
Importt.
Exports.
Silver,
Since Jan.l-
Week.
Week.
Since Jan..1.
$330,380 $17,524,481
529,731
Trance
Slermany.... .......
$2,997
700
1,000
147,506
52,661
$350
5,078
988
406
42,144
327,947
348,954
16,203
$343,745 $18,261,157
947,750 28,415,940
953,615 28,180,592
$4,615
60,640
102,320
2,043,281
2,287,848
11,265
Mexico
South America
2,871
700
All other countries.
2,100
Total 1902
Total 1900
8738,945
Breadstuffs Figures Brought from Page 201.— The
statements below are prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending July 19,
uid sinoe Aug. 1, for each of the last three years have been*.
i««tl»ti
at—
/liur.
BerU«.
o*u.
C»rn.
TTAiat.
Aft*.
UkU.lOBIb* Buik.SOlbi Bu*fe.58I2>t Buih.Silbi B««a.481b< B».56i>.
•Mlwaukee
933.380
29,600
322,532
2,738,880
20.9C0
1,220,040
16,300
422.600
163,816
45,000
63,200
7,400
80,000
109,460
16,014
63,980
48,917
31,845
1,606,941
92,816
102,807
198,285
17,700
135.400
310,000
67?,600
141,500
148.200
201,600
388,757
6.570,769
3,444.312
438.813
402.619
6,312,688
4,604 820
87.023
79,276
.
142,000
Minneapolis.
Foiedo
Ji
•Tslana
.
.
Lonli....
rsoria
it.
laoiai City.
fot.wk.1903
itme
wk.'Ol.
ferns wk.'OO.
inti
944,908
65,000
96,010
26,326
25,260
26,630
6.800
436
843
14,420
3.585
3,900
..
7,676
7.200
4.900
1,929,470
74,081
3.437,018
1,876,895
75,570
4,428,489
2,045.616
103,919
52,952
92.020
74,624
_
.4 til. 1.
20,676,297 849,636,211 125,344.929 133,056,167, 30,548,469 5,100,693
19.797.818 828,808,890 201,422,110 165.494.147j 31,031,161 4,320,330
20.804.700 215.061.291 823.298.462 163.181.795 11,318.091 6.069.129
1.901-02
1900.01
1899-00
The receipts of flour and grain at the seaboard ports
week ended July 19, 1902, follow:
for
*ie
Flour.
»?A«at,
bblt.
ftuth.
£«i«t»tt«i—
*ewYork.
.~.
Montreal...
(•htladelpnla..
Baltimore
ilohmond
«#w Orl«am».
lewportNewa
Sorfolk
lalTSiton
Portland.
70,350
10,616
R.300
12,0*4
63,744
27,152
21.000
17,143
495,3.16
192,833
652,674
8,608
359,000
217,907
flaru*
iuifc
1,125
£6,927
60,176
27,238
3.814
68,966
»UJ*.
32,175
2,901
714
Me
239,200
218.182
111,979
3,726
12,092
Unebeo
Mobile
2,094
....
Total week.,
week
Omtl.
buih.
608,700
91,470
Oern,
4ui».
4R4.S50
09,540
114,701
32.809
13.369
41.787
60,084
2,137
15,485
14.800
Joiton
1901
•Reoepta do not
35,076
920,290
1,125
801833 8,097,909 ~217,328
41,608 lOO.Oil
701,463 1.193,263
868922 4,175,323
InolQds grain patting tbroagb. MewOrlem-t tor rereien
ocrt* on through bills of
1
»
ding
Total receipts at ports from
follows for four years:
Jan.
bbli. 10.866.C81
Wheat
bush
Corn
Oats. .................
Parley
"
tye
Total grain.
1
to July 19
19 °111,918,918
180*.
RtcUvttOtriour-T.....
58,8"6,825
10,9<6,629
23,763,284
1.188, 84
1,787,902
74 808,082
87.985.496
46,801,554
2,984,887
2,147,791
96,882.114
214,727,510
compare
as
190°-
18efl
11,632.988
11,365,032
40,101.148
40,938,691
7,801,436
1,681,748
60,634 180
102.710.605
45,568 186
2.849.512
8,724.686
202,476,060
216.414.318
103.611040
-
The exports from the several seaboard ports for the week
iudmg July 19, 1802, are shown in the annexed statement
Wh**t.
Dry Goods
Since Jan.
Week.
Minot.
Blanks sent to Ole A. Stetnsrud, Madison. Minnesota.
The State Bank of Minneota, Minnesota, into The First National
Bank of Minneota. Capital, $30,000. Blanks sent to Osoar L. Dorr,
Minneota, Minnesota.
The Sherburn State Bank, Sherburn. Minnesota, into The First
National Bank of Sherburn. Capital, $25,000. Blanks sent to the
Sherburn State Bank.
The Welcome State Bank, Welcome, Minnesota, into The First National Bank of Weloome. Capital, $25,000. Blanks sent to the Welcome State Bank.
The Farmers' State Bank of Clear Lake, South Dakota, Into The First
National Bank of Clear Lake, Sonth Dakota. Capital, $25,000. Blanks
sent to J. A. Thronson, Clear Lake. South Dakota.
The Citizens' Bank of Baton, New Mexico, into The Citizens' National Bank of Raton. Capital, $50,000. Blanks sent to S. W. Clark,
Raton, South Dakota.
The State Bank of Toronto, South Dakota, Into The First National
Bank of Toronto. Capital, $25,000. Blanks sent to J. F. Fries, Toronto, *outn Dakota.
The Bank of Ort nville, Minnesota, into The First Nat'onal Bank
of Ortonville. Capital, $25,000. Blanks sent to the Bank of Orton-
Importt.
Export*.
The Page Valley Bank
The Laa Qui Parle County Bank of Madison, Minnesota, into The
Lao Qui Parle County Naional BaDk of Madison. Capital, $^5,000.
MEW YORK.
6oia.
The Kiowa State Bank
of Virginia, Luray, Virginia, into The Page
Valley National Bank of Luray. Capital, $25,000. Blanks sent to
Chas. S. Landram, Oathier.
The Cumberland Valley Bank of Barboursville, Kentucky. Into The
First National Bank of Barboursville. Capital, $25,000. Blanks sent
to the Cumberland Valley Bank, Barboursville, Kentucky.
The Bank of Hoffman, Charles and Conklln of Chandler, Oklahoma
Territory, into The Union National Bank of Chandler. Capital,
$50,000. Blanks sent to Bank of Hoffman, Charles and Conklln.
The Commercial & Savings Bank of Snow Hill, Maryland, into The
Commercial National Ban* of Snow Hill. Capital, $50,000. Blanks
Bent to L. L. Diiickson Jr., Berlia, Maryland.
The Security State Bank of Minot, North Dakota, into The Minot National Bank. Capital, $25,000. Blanks sent to Seouiity State Bank of
1899.
$7,668,759
246,601,828
weeks $266,769,726 $292,063,320 8305,884.759 $253,270,587
1,
of Hobart, Oklahoma Territory, into The
City National Bank of Hobart. CaDital, $25,000. Blanks sent to D.
8. Dill, Hobart, Oklahoma Territory.
The Bates County Bank of Butler, Missouri, Into The Bates National
Bank of Butler. Capital, $50,000. Blanks sent to F. J. Tygard, Butler, Missouri.
The Manufacturers' & Traders' Bank of Buffalo, New York, into
The Manufacturers' & Traders' National Bank of Buffalo. Capital,
$l,OC0,0O0. Blanks sent to Franklin D. Locke, No. 28 Erie Street,
Buffalo, New York.
The citizens' Bank of Ronoeverte. West Virginia, into The Ronaeverte National Bank. Capital, $25,000. Blanks sent to O. H. Thompson, Cashier.
The Marine Bank of Buffalo. New York, into The Marine National
Bank of Buffalo. Capital, $200,000. Blanks sent to 8. M. Clement,
1900.
$13,818,165
292,066,594
The following table shows the exports and imports of
specie at the port of New York for the week ending July 19
and since Jah, 1, 1902, and for the corresponding periods in
1901 and 1900.
4,656—The Perrin National Bank
APPLICATIONS TO CONVERT STATE BANK.
Approved February 27 to July 16, 1902.
The State Bank of Campbell, Minnesota, into The First National
Bank of Campbell. Capital, $25,000. Blanks sent to D. C. SmuU,
Campbell, Minnesota.
The Farmers' & Merchants' Bank of Matawan, New Jersey, Into the
Farmers' & Merchants' National Bank of Matawan. Capital, $75,000.
Blanks sent to H. S. Terhune, Long Branch, New Jersey.
1901.
$9,799,711
282,263,609
190S.
?or the week.,
$8,113,502
f rev. reported 258,656,224
1902, to take effect Immediately.
of La Fayette, Indiana, has gone
Into voluntary liquidation by resolution of its stockholders
dated June 28, to take effect July 1, 1902.
dated July
HBW YORK TOR THE WEEK.
EXPORTS FROM
Total 29
LXXV.
[Vol.
BxvorU from—
buih.
197 069
New York
139,318
Boston
-ortiand. Ma. 218,182
74.000
<*Miadelphla..
859,888
Baltimore
678.660
Orleans..
Haw
Corn,
flour,
buih.
bbli.
68,418
7,230
68,314
6,778
8,725
8,780
83.029
8.814
10,870
16,232
Hewo'rtNewf
Montreal
217.907
160.857
180,000
Mobile
The following is a statement of the exports (exolusive of Quebec
111.070
the
of
New
from
port
York
ports
•peoie)
to foreign
for the
Total week.. 2,288.184
week ending July 21, and from January 1 to date.
Sam* time '01.. 8.672,807
t.tsfc
16.887
50,888
P«ai,
bun*
£arit»
6tM».
2,935
120
45
714
Norfolk
Jalretton.....
Oaf,
bu*A
17,143
14,800
8,559
...
8.084
...
11.371
1,078.023
'20,866
'i7i223
8.878
37.718
OjO.196
77,051
68,61*
11.313
103,423
-
1.838
12,192
212.142
811.851
16,841
b
.
of these exports for the
1901, is as below:
Wheat.
Flour.
t
Week Since Ju\y
Week Since July
Extort* for
July 19.
1, 1902.
1, 1902
week *nd sine* July 19
The destination
.
to—
1
*
since
C.
8*
E45.290
128.74S
65.170
B9.HS5
5,027
77,888
218,442
84 1.351
871.403
958.675
America.
9,313
17.733
2,606
Wait Indie*
r.N.Ajn-Colo't
Other eountrlet
Total
Total 1800-01 .
.
Com,
,
i
bush.
1,366,399
bbls.
bbls.
United Kingdom 154,057
88.B49
Continent.
S.
week and
1,
July
870.1
Week
July
bush.
8,9*7,008
8,«81.»5«
1,700
25
1,700
66
85,714
7,230
11,988
6,321110
110,391
9,006,234 1,973,028
8,233,124
8,578,397
1,
bush.
8,370
57,053
51,153
.
Sine* July
19.
1902.
bush.
108,585
116,636
18,209
63,834
12,830
20,328
349,446
6,677.617
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, July 19, 1902, was as follows:
In nor mi—
Do
but*.
afloat
Philadelphia
Baltimore
.......
New OrleanV.,
OalTeiton
Montreal
Toronto.
Bnflalo
Oats.
bush.
bush.
103,000
B94.00C
83.000
l.ooo.ooc
186.000
626.00C
742.00C
677,000
853.000
6,ooo
430,000
oaton.
Do
Do
Corn,
W***l,
•Taw York
75.00'
By*,
bush.
Sarin
7,003
2.000
iut*.
n.ooo
'
81,000
T.OOO
17,00u
60,000
11,000
67...
ui
1,000
6,000
64,000
" 3.000
2,000
2,000
256,00c
97.000
12,000
69,000
'23,000
18,000
866,000
Us'ooo
'86,000
'io.bb'd
851.000
1.000
4 000
2,000
8,005,000
1,836,000
8,000
89,000
26 000
1,000
16,000
ls'.b'nY
66,00t
6.000
10, nor
afloat
l'oledo
afloat
•trolt.
Do
Okloago
Do
afloat
afloat
..
Milwaukee
94.000
afloat
Do
ruWUi'mAPt, Arthur
Tlulnth
914,000
Do
5.817.000
KansaiCltr
Faorta
ladlanapolla
OnLakei
On canal and
86.000
18,000
232,000
„ 1,271 no»
afloat
riTor.
..
169
Reports of Non-Member Banks.—The following is the
itatement of condition of the non-member banks for the
week ending July 19, based on averages of the daily result
We omit two dohers(OO) in all rases.
BANKS.
Capi-
(00s omitted.)
tal.
Sur- Loan*
100,000
818.000
145.000
162,000
131,000
618,000
11010
6,000
5,000
6,000
80,000
11.000
17.000
696,000
20,000
88.000
82,000
16,000
18100
92,000
21,000
6,000
*
Jnly
19.1902.. 20,116,000
718.000
not since received.
196,000
19,000
New Orleans la stock
of 7th
:
6.603,000
119,000
Mew fork City Clearing House Banks.—Statement of
oondltion for the week ending July 19, based on average of
dailv results.
We omit two ciphers (00) in all eases.
BANKS.
BankoiN.
Capital. Surplus.
Specie.
Y....
Co...
A
Total
DepotiU
Legalt.
9
18.263.0 2,898,0
32,748.0 7,798,0
18.648,6 2.413.6
13.568,0 2,072,0
30,241,1 3,382.7
5,815,0 1,348,0
121,351,0 24,140.0
24,488,3 4.548.6
4,876,4
741,1
8,907,2
859,6
1,997,1
617.0
8,450,0
620,0
1,283,7
85,2
4.529,2
862,3
6.101,8 1,378,1
38.611,0 3,053,0
72,837,1 10,339,5
8,990,6 1.611.8
14,301,4 2,023,8
3.306,5
406,2
6,087,0
87B.0
1.866.3
150.8
16,105,8 2,381.0
47,488,8 10,078,7
5,598,0
707.4
6,042,0
931,0
2,806,3
821.3
6,076,0 1,234,8
8,805,6
857,7
35,351,0 4.347.0
1,851,0
208.1
28.588,0 4.002.0
63,666.4 14,618,8
1,221.1
142,1
21,724.8 8,439,8
10,686,0 1,686,0
9,661,0 1,622.0
75,167,6 14,918.1
5,451.9
854,6
3-55,0
2,737,0
4,002.6
764,8
8,401,4
701,8
40,868.8 10,505,2
9.680,7 2,522,4
2,576,0
220.0
8.021,1
412,0
11,025.8
881,6
7,667,8 1.605,8
2,278.8
617.9
8,356.9 1.661.4
3,827.0
449.0
11.847.0 2,766.0
89,282,0 9,685,2
4,111,0
669.0
7,266,8 1.842,2
4,058,0
618.0
7,821,6 1,880,5
4,107,0
900.0
3.606,8
690,2
TTOHK CITY.
Borough of
Manhattan,
$
200,0
Nineteenth Ward. 200.U
100,0
Plata
100,0
Riverside
100,0
State
200,0
Twelfth Ward
100,0
Twenty third W'd.
100,0
forkville
100,0
Washington
200,0
Fidelity
100,0
Varlok
300,0
JeBerson
100,0
Century
Wash'gtonHeifhts 100,0
United National... 1000,0
Boro'h of Brooklyn
160,0
Bedford
100,0
Broadway
800,0
Brooklyn
100,0
Eighth Ward
100,0
Fifth Avenue...
Manufact'ra' Nat'l. 252,0
500,0
Meohanlos
100,0
Merchants'
Nassau National.. 800,0
300,0
National City
100,0
North Side
100,0
Peoples
Seventeenth Ward 100,0
200,0
Spragne National
Twenty -sixth W'd. 100,0
200,0
Onion
100,0
Wallabont
Mutual
Be-
Other Cities.
1st Nat., Jer. City-
17.878,0 256
28,138,0 33*4
15,800,7 254
13,886,0 261
28,290.3 380
6,307.0 371
113,057,0 287
24,203,8 283
6,323,9 287
6,890,1 27-0
2,847,4 26-7
3,711,0 235
1,138,7 26-8
4.897,7 24-9
6,098,8 256
21,852,0 23-9
65,011,2 28-6
6,514,1 286
15,27d,7 24'9
4,020.6 21-2
6.357,8 27-9
2.566,8 290
16,278.4 251
58,608.1 289
4,805,0 254
6.964,8 25-6
8,240,0 20-3
6,602,8 29-4
4,288,3 25-3
28,711,0 250
1,774,0 27 9
21,222,0 24-6
67,064,2 28-4
1,862,7 250
24,070,1 254
18,082,0 211
10,601,0 25-2
68.661,3 24-5
5,471,6 250
3,069,0 20-6
4,878.8 23-5
8,881.9 28-2
48,182,6 259
10,608,8 280
3,188,8 22*6
4,788,0 23-1
12,131,0 21-6
7,826,7 21-5
3.488,1 26-1
8,846,9 25-8
8,087,0 25-6
14,512,0 291
46,315,9 280
4,500,0 28-1
7.156,9 21-6
3,976,7 27-0
8,828,8 25-7
4,047,0 26-8
2,983,3 238
&
Philadelphia Banks.— Below
furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
Banks.
City,
Capital *
Surplus.
Boston
Loans.
Specie.
N. Y.»
f
$
$
June 28.. 189,330,7 393,871,8 1788846
July 5.. 211,947,8 910,883 2 1731168
"
"
12..
19..
Boa.'
July 5..
13..
19..
Phi
July
Ia.»
Borough of
Richmond.
of Staten Ial
latNat.,StatenIal
Bank
Id Nat., Jer. City.
Sd Nat., Jer. City.,
lat Nat., Hoboken.
2d Nat., Hoboken.
211,947,3 808,778,2 1705072
211,947,3 803,827.3 1731687
52,322,0 139,889,0 14,836,0
63,822,0 188,290,0 16,743,0
52,322,0 186,867,0 16,869,0
Legal*.
OtpotiUA
$
78,801,2
76,629,8
77.289,2
77.713,8
t
1619,6
38,9
1688 4
26,7
3930,0 115,0
987,2
17.9
4916,0 817.0
1433.0
38,6
1148.7
88,8
1482,0
48,5
9,9
703.8
694,7
13,0
728.8
4,0
1364.8
4,9
244,6
3.7
434.7
9,7
2109.2 233,8
138.7
189,8
170,8
17,7
80,8
480,1
363,9
88.7
637,6
586,0
163,8
186.7
75,8
369,0
55,8
186.0
63,4
1486.7
1632,2
1633,8
353,2
752.3
2891.9
8761,6
778,5
3668,0
8072,0
968,8
74,9
91,8
400,0 984,9
13.5
19.8
92.3
6,5
41,5
869,1
201.2
11.8
824.4
12.7
47,7
8,8
100,5
10,1
48,0
32,1
570.7
693,3
18,6
42.1
f
*
31,456,0
31,683,8
31,777,2
31,809,6
5,972.0 218,760,0
8,509.0 212,689,0
7,002,0 210,006,0
S
12238244
13739625
13860684
16176734
4,998,0 155.235,9
5,009,0 113,821,5
5,001,0 140,790,6
44,784,0 186.047,0
56,244,0
217,772,0 8,980,0 108,682.1
44,764,0 185,075.0
55,291,0
218,427,0 8,922.0 108,641,0
44.764.0 185.158.0
55,586,0
316,986.0 8,888,0 115.322.5
W* omit Uao cipher* in ail these Howe*.
including for Boston and Philadelphia the Item due to other banks."
•
804,9
349,7
463,1
136,8
76.6
77,0
63.8
133.6
39,6
1388,7
1226,5
3612,8
1017,0
8,0
2"iU
6,0
63,0
50.0
298,0
2810,0
2843,0
2432,3
1676,7
1984,2
2908.8
1657,8
1831,5
8154,0
1034 8
5489,0
1871,0
1329,9
1662,0
682,6
578,2
727,5
1164,4
111,8
301.4
11% 6,9
81,7
161,7
48,1
62,6
100.1
62,8
27,5
43,0
87.8
*6,'7
186,6
84,0
97,0
26,1
147,8
194,2
109,9
47,7
63,8
449.6
821,3
72,4
672.0
501,0
39,4
93.6
67,0
181,5
85,7
58,0
26,0
20,6
10,0
93.8
122,1
88,0
654,5
878,6
284,5 1149,8
61,0 141.4
18,7 318,0
75,7 308,2
34.8 168,7
702,4
48,1
6048.8
1854.7
1320.0
1848,0
2448,8
1019,3
16.1
63,3
7.2
4776.4 280,0
S
160,0
81,8
7.8
23.7
....
8
718
14,3
10,8
20,0
83,0
111,0
86,8
45 3
44,1
83,8
3.6
1837,0
1811.0
1688.0
406,2
679.6
8453.3
4748,8
818,4
4251,0
3508,0
928,2
1848,3
628,7
951,5
644,0
183,0 1,324.0
88,6
790,4
78,S
32,8
29,9
18.6
71.6
&
Bonds.
14 Willia'eb.Tr.Co.of B'lyn.227
$2,000 City of Brooklyn pub14 First Nat. BankofB'lyn 360
lio park 7s, 1915, J-J..138 & int.
50 Williamsb.Clty F.Ins.Co.601
$12,000 Atlantic Ave. RR.
50 StuyvesaDt
Co. 5s. 1931, A O... 113*4 &lnt.
Insurance
60-61
03. of N.Y
$5,000 Central Cross-town
50 Kings Oo Tr.Oo.of B'lyn.430i«
RR. Co. 6s, 1922. M-N.125 & int.
1,200 Brooklyn City RR. Co.247ia $2,000 Albany & Hudson Ry.
60 N. Y. & N. J. Telep. Co. .178ia
& Power Co. 5s, 1939, M-S,
60 Brooklyn Academy of
March 1 coupons on
60H
Musio (with 6 tickets). 126
$10,000 Consoli. Water Co.
10 West Side Bank
...595
of Utica 1st 5s, 1930, J J... 100
25 Nat. Bank of Commeroe.344 ]4 $2,000 Haversfcraw Light
93*3
42 Title Insurance Co
Fuel Gas Co. 5s, 1949
162 *a
20 Cent.Realtv Bd.& Tr.Oo650
$250 Consumers' Ice Co. 1st
$200 lot
9Natlonal City Bank
327
5s, 1911. M-N certs
25 Lawyers' Mort. Ins. Co. 235
$150,000 Ohio. & Southeast.
50 Borden'sCondeneed Milk
Ry. Co. gen. mort. bonds,
Co. pref
110%
1922; $400,000 have July,
5 NilesBement-Pond Co.
1892, coupons on, and $50,com
000 have July, 1893, cou120
10
8 N.Y. Life Ins. & Tr. Co.l259ig
pons on
28 Amer. Exo. Nat. Bank..273>i
Slocks.
&
SauMug awd
37
«fc
29
ffttrauctal.
Trask
BANKERS,
Speincer
PINE STREET,
-
-
&
Co.,
NEW YORK
-
Transact a general banking business; act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
INVESTMENT SECURITIESMembers N. Y. Stock Exchange.
Branch
Moffat
New
&
Office,
66 State
St.,
Albany
White,
York Stock Exchange,
Members
1 NASSAU STREET, CORNER WALL.
Dealers in Investment Securities.
TeL
6820-6821 Cortlandt.
Tracy
No.
CHICAGO.
&
Telephone Stocke a Specialty.
Co., Bankers,
NEW
YORK.
Street,
MII.WAUKM.
Connected by private wire.
40 Wall
Dealers in High Grade Bonds.
6..
'
360,0
300,0
110,0
135,0
914
88,7
122,7
141,2
203.0
78,9
158.0
171,0
112,0
125.4
42.2
32.8
63.8
65.0
18,8
96,5
181,6
47,2
86,1
27,6
118,8
221,2
53,8
468,0
242,0
60.9
98,4
42.4
220.0
116,0
1,222,7
625,6
1031,1
504.6
1,811,0
f
226,0
196.0
812,1
185.2
118,6
272,2
120.6
281,9
198,0
64,2
87,0
224,0
—
13..
19..
»
35,0
100,0
180,7
170,6
240,6
101,1
864,4
73,8
82,2
253.0
43,3
106,2
62,6
77,1
67.6
100,7
188,8
%
130,4
105,0
68.6
92,6
Auction Sales. Among other securities the following, not
regularly dealt In at the Board, were recently sold at
auction,
By Messrs. Adrian H. Muller
Son:
Cire'l'n. Clearing*.
965,829,4
958.647,5
342,198,0
940,692,9
Sit
Totals July 19.. 8613,0 9326.6 75723,3 3697,4 4286,0 8268,7 2395,8 81383,9
Totals July 12.. 8612.0 9826,6 76880.8 3676,1 4559,7 8863,4 3393,1 81998,9
Totals July 6- 8812,0 9660,8 76717,6 3459,7 3904,6 9617,1 3595,6 83802,7
98.872,711130748 903,327,8 1731887 77,713,8 940.682,9 26-3
New York
we
I
•••
100.0 168.7 2003,6
63.9
300,0 246,4 2722,0 158.0
Columbia..
Fourteenth Street. 100,0
93,6 2083.4 189,1
200,0
42,8 1685,3
Gansevoort
.,
9.3
200,0 110,1 1904,2
Hamilton
90,8
350,0
91,6 2341.6 133,6
Mount Morris
Colonial
serve
P.O.
1.738,0
2,035.0
1,833,2
1,421,0
2,»98,1
861.0
8,887,0
2,297,4
663,1
800,2
87,6
354,0
198,7
234,1
286,7
3,191,0
6,961.0
222.0
1,793,8
447,1
871,7
596,8
1,452.8
6,309,5
540.6
865,6
337,6
711.6
227,4
3,851,0
285,7
1,212,0
4.433.8
198.9
2.688,6
1,104,0
1,126,0
1,837,4
417,6
218.0
882.4
250,3
2,321,
243.1
600.0
616,2
2,181,2
312,6
133,2
668,0
312.0
1,467,0
2,889.5
697,0
425,0
462.1
487,4
145,0
90,4
Deposit, with
NlW
Hud. Co. Nat., J.C. 250,0 615,4 3399,3
S
2,000,0 2,240.8
3,060,0 3,880,0
Merchants'
2,000,0 1,246,7
Mechanics*
2,000,0 2,496.8
Amerioa
1,600,0 8,376,3
Phenlx
1,000,0
285,6
City
....... 26,000,0 15,000,0
Chemical
300,0 7,087,1
Merchants' Ex..
600,0
273,1
Gallatin
1,000,0 2,044,1
Butch. 4 Drov's
800,0
77,8
Meoh.A Traders
400,0
161,5
Sreenwloh
800,0
184,5
Leather MTrs..
528,2
600,0
Berenth Nation'l 1,700,0
99.8
American Exoh. 6,000,0 8.300,0
Commerce...
10,000,0 7,837,2
Broad-way.
1,000,0 1,802,1
Mercantile
1,000,0 1,416,3
Pacific
649,0
422.7
Chatham
460,0 1,002,1
People's
200,0
861,8
North Amerioa
2,000,0 2,027,7
Hanover
3,000,0 5.912,1
Irving
484.8
600,0
Cltlfens'
603,1
1,560,0
296.8
Nassau
600,0
Market Fulton
900,0 1,046.5
Shoe <fc Leather. 1,000,0
347,8
Corn Exchange.. 1,400.0 1,838,3
Oriental
420,3
800,0
Imp'tTs'* Trad 1,500,0 6,273,3
Park
2,000,0 4,182,7
East River
162,1
250,0
Fourth
8,000,0 3,666,5
Central
690.1
1,000,0
Second
300,0 1,185,8
First
10,000.0 11,860,1
N.Y. Nat'l Exoh.
600,0
341,9
Bowery
250,0
772,3
N. Y. County....
604,1
200,0
German Amerl..
436,2
750,0
Chase
1,000,0 8.029,2
Fifth Avenue...
100,0 1,483,8
German Exoh...
621,4
200,0
Germanla
860,1
200,0
Lincoln.
300,0 1.171.2
9arneld
1,000,0 1,334,4
Fifth
200,0
887,6
Bank of Metrop.
800.0 1,338,3
West Side
473,0
200,0
Seaboard.
600,0 1,108,1
Western
3,100,0 3,874,7
1st Nat., B'klyn.
686,3
800,0
Liberty
828,8
500,0
N.Y. Prod. Ex.. 1,000,0
443,0
New Amsterdam 600,0 633,2
Astor
468,3
860,0
United States...
500.0
422,4
Manhattan
Loans.
T
AB'fc. Olear'g Other OtposUt
Notes Agent. Bks.&,
ment:
.
Total
Lsf.
Invest- 3p*cis
plus.
.
8.773. 00C
Minneapolis
St. Lonli
A
.
THE CHRONICLE.
JrjLY 26, 1902.]
July
..
iAtt of Current Investment Offerings sent on Application.
Mew York Stock Exchange.
M«mw.
Members ) Chlc(Uf0
stock Exchange
j
„ Commission Or«)er«
Executed In all Market.
5
THE CHRONICLE.
170
[Vol.
LXXV.
The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying 75c. discount, selling 75o. premium; Charleston,
%mxk$xs 9
da*jette*
DIVIDENDS.
New York
buying par, selling yz premium New Orleans, bank, $1 00
premium commercial, $1 00 discount; Chicago, 25c. per
$1,000 premium; St. Louis, par
San Francisco, 12%c per
;
Name
of
Per
Company.
When
Cent Payable
Books Closed.
(Days Inclusive.)
;
;
$100 premium.
Railroads .(Steam).
Baltimore
do
& Oliio,
com
2
do
pref
Buffalo Rochester* Pittsburg, com...
do
do
do
pref....
Mahoning Coal RB., com
2
2
Aug
3
5
J'ly
25
2^
J'ly
J'ly 16
Aug
Aug
Aug
Aug
Holders
2
Pittsburgh Lake Erie
street Railways.
Harrisbnrg (Pa.) Traction
Newtonr. (Mass.) & Watertown
Union St, New Bedford, Mass. (qu.)..
United Traction, Albany, N. Y. (qu.)..
West Chicago St. RR. (quar.)
Banks.
3>2
2
l 1*
1^2
Aug
Aug
Aug
Aug
Aug
Aug
3
2^ Aug
Aster National (quar.)
German- American
Lincoln National (quar.)
N. Y. National Exchange (quar.)
Pacific (quar.)
Seventeenth Ward, Brooklyn
Twenty-third Ward
Trust Companies.
Farmers' Loan & Trust (quar.)
Kings County, Brooklyn (quar.)
Miscellaneous.
Aug
3
3
2
1
1
1
1
1
1
Aug 1
Interest
Periods
to
J'ly 19
25
J'ly 31
Aug 15
Aug 1
to
24
Holders of reo. J'ly 31
J'ly 31
to
J'ly 22
J'ly 31
to
J'ly 23
Aug 1
to
J'ly 22
Aug 1
to
J'ly 31
J'ly
1 J'ly 26
13 Aug 1
I J'ly 25
1 J'ly 25
to
to
to
to
Aug 1
Aug 10
Aug 1
Aug 1
J'ly
J'ly
1
J'ly 31
"
1
1
;
J'ly 31
to
to
6
—
United States Bonds. Sales of Government bonds at the
Board include $30,000 4s, reg., at 132 to 132%; $10,000. 4s,
reg., 1907, at 10834, and $1,000 3s, coup., at 106J£. Following are
closing quotations for yearly range see thira page following.
to
to
Aug
1
3*3 Sep
Aug
5
6
to
to
1
Aug
Aug
1*4 Aug
1^2 Aug
l»a Aug
Aug
Aug
20
26
Aug
2^ Aug
2
1
1
of rec. J'ly
J'ly 22
5
1 34
Casein Co., pref. (quar.)
Clanin (H. B.), 1st pref. (quar.)
do
do
2d pref. (quar.)
Hudson River Telephone (quar.)
International Fire Engine, pref
Sep
Sep
Holders of rec.
6
Holders of rec.
Holders of rec J'ly 25
Aug 21
to
Aug 9
1
10
Allis-Chalmers, pref. (quar.)...
to
to
Aug
Aug
Aug
Aug
Aug
Aug
3
3
2
Norfolk & Western, pref
Fere Marquette, pr«>f
Aug 17
Aug 17
Sep
Sep
registered
2a, 1930
2s, 1930
coupon
2s, 1930 jmaJ.reglstered
2s, 1930 ,small
coupon
3s, 1918
registered
3s, 1918
coupon
38, 1918, small.registered
3s, 1918, small
coupon
4s, 1907
registered
48, 1907
coupon
4s, 1925
registered
4s, 1925
coupon
5s, 1904
registeredlQ
5s. 1904
oouT«n!Q
"This is
July
19
July
21
July
22
July
23
July
24
July
25
-Jan *1073s *107»f. * 10758 •107 V, *1073g 'IO714
-Jan •107*8 •107% •107** *107>4 *107*b '107 1*
-Feb •105*4 *10534 * 10534 •105*4 •105*4 *1P5»«
-Feb *106>i *106>s *106Hj •10619 •106H 106*8
-Feb
Feb *i06*a l i"06ia *i06"s •i'06" *i"06" •ibe"
-Jan *108 78 "108--8 •108*4 *i08i« IOSI4 •108
-Jan •108*e •10878 •108 7s *108ia •1081a *108i4
-Feb *132 34 •132*4 •132*4 1321, 132
132
-Feb *133 s4 *13334 * 133»4 *133i4 13314 *133i*
-Feb *10334 *103*« *10334 •103*4 •103*4 *103'4
"105 *106
•105 •105 !*105
-Feb *105
the price bid at the morning board; no salt was made.
—
State and Railroad Bonds. Sales of State bonds at the
Board are limited to $6,000 Tennessee settlement 3s at 95%.
Th<* transactions in railway bonds have been on a fairly
liberal scale, averaging about $3,700,000, par value, per day.
'Aug 10
J'ly'Sl" "to
Railroad and Miscellaneous Stocks.— On a volume of busiAug 6
Aug 6 ness averaging nearly 900.000 shares per day, the stock marAug 1
Aug 15 ket has been irregular but generally strong. High-priced
Aug 14 issues have continued to be conspicuous features, notably
of rec. Aug 1
the granger group. Rock Island sold up to 200 on reports of
of rec Aug 1
Aug 26 a new financial plan. St. Paul made a new high record
to
Aug 19
to
',
Pullman Co. (quar.)
Aug 15 at 189%, as did Illinois Central at 1693 8 Chicago & Alton at
to
Syracuse Lighting, pref. (quar.)
Aug 1 44?;$ an(j Atchison at 93%. Twin City Rapid Transit sold up
to
Westlngh'eEl.A Mfg., assent stk.(qu.)
Aug 15 to 124, a gain of 5 points.
to
Other strong features were New
WALL STREET, FRIDAY. JULY 25, 1902.-5 P. M. York Central, Pennsvlvania, Union Pacific, Missouri PaThe Money Market and Financial Situation.— The condi- cific, Canadian Pacific, Great Northern and some of the
tions governing Wall Street operations are not essentially low-priced issues, including Evansville & Terre Haute and
different from those noted last week and high-grade railway Hocking Valley. On the other hand, North West, failed to
shares have continued to attract considerable interest at maintain its recent high quotations, selling down to 242, a
the Stock Exchange. There has been an unusual advance decline of 9 points, and, as noted above, Central of New
in several issues of the class mentioned, that of ten points Jersey, Reading, Erie and Chesapeake & Ohio were weak.
New York Air Brake advanced 12}^ points. General Elecin Chicago Rock Island & Pacific being accompanied by
tric
has been irregular, covering a range of 6 points.
news of a financial scheme soon to be formally announced.
For daily volume of business see page 177.
The striking anthracite miners were given some needed
The following sales have occurred this week of shares not
encouragement by the action of the Indianapolis convention in voting to provide a fund for their support. Although represented in our detailed list on the pages which follow.
such support may prolong the strike, it seems hardly probaSales
STOCKS
Range for Week
Mange Since Jan. 1
for
ble that it will change the final result.
However, the coal WEEK ENDING
JULY 25 Week
stocks were almost the only weak features of the market,
Agricnl Chemical.
470 30 J'ly 21 30i4 J'ly22 21 Mar 30^ Apr
and the anthracite situation is becoming one of widespread Amer
200 87 ia J'ly 21 87H»J'ly22 82 4Jan 87V>Apr
Preferred
and absorbing interest.
ButterickCo
100 45 J'ly 22 45 J'ly 22
41 J'ne 60 '-T'ne
2d pd 2,650 131 34 J'ly21 134 l4 J'ly25 122iaMay lSisJ'iy
Owing to a scarcity of foreign bills of exchange and easier Canadian Pac subs
rights...
113956
R I & Pac
9 J'ly 21 13 J'ly 22
9 J'ly
18 J'ly
money market conditions, gold exports have been resumed Chic
Wheel..
100 78 J'ly 25 78 J'ly 25 35 Fob 84ViMay
Clere Lorain
100 84"8 J'ly23 84'8 J'ly23 84 58 J'ly 87 Apr
Crucible Steel, pref
this week, the shipments amounting to $3,656,000.
Southwestern 100 49 J'ly 19 49 J'ly 19 40 Feb 50 Mar
The open market rates for call loans on the Stock Exchange Denver
300 61 J'ly 23 62 J'ly 22 49 Jan 64 Feb
Preferred
during the week on s-tock and bond collaterals have I'anged Distil of Amer tr rects.. 600 5 J'ly 23 6Wly23
r.kJ'ly
5 J'ly
trust
rects..
800 36 34 ,T'ly25 37 J'ly2S 3634 J'ly 37 J'ly
Preferred
from 2% to 3 percent. To-day's rates on call were 2% to 3 per General Chemical
63iaJ'ly
500 63>i2J'ly21 65 J'ly 24
67H;May
cent. Prime commercial paper quoted at 1% @ 5 per cent.
475 25 J'ly 23 25 !4 J'ly 24
Now York Dock
12 Feb 2X Apr
Jefferson
&
Clearfield
Coal&
I.,
com..
do
do
do
pref..
Municipal Gas, Albany, N. Y. (quar.).
National Carbon, pref. (quar.)
New England Ttlep & Teleg (quar.)...
Omaha Water, Istpief
do
do
2d pref
Pressed Steel Car, com. (quar.)
do
do
pref. (quar.)
2^
2^
1 34
1^
15 Holders of rec.
15 Holders of rec.
to
1 J'ly 26
to
15 Aug 5
to
16 Aug 1
Aug
Aug
Aug
Aug
2*2 Aug 11 Holders
Aug 11 Holders
1
Aug 27 Aug 7
1
1 34 Aug 20 J'ly 31
Auk 15 Aug 2
2
1»4 Aug
1 J'ly 26
3
1 4 Aug 15 Aug
2
l
<fe
<fe
Preferred
210 56 a J'ly 22 66Wly22 39iuFeb 58 J'ly
The Bank of England weekly statement on Thursday Northern
Central
500 240 J'ly 21 250 J'ly 23 235 J'ne 25(» J'ly
showed an increase in bullion of £190, 145, [and the percentage Standard Mining
200 3-50 J'ly 21 350 J'ly21 3-26 Feb 4 00 J'ly
Refg pref. 300 61 s4 J'ly 21 62isJ'ly2l ei»4J'ly 65 Mar
of reserve to liabilities was 51*50, against 50'90 last week, C S Reduo
the discount rate remaining unchanged at 3 per cent. The
Ontside Market. — The buoyancy noted last week in the
Bank of France shows an increase of 14,725,000 francs in gold outside market has been further emphasized the present
and 2,475,000 francs in silver.
week. Northern Securities experienced the largest sales,
NEW YOHK CITY CLEARING-HOUSE BANKS.
advancing to 110, against 105.% last Friday, but suffered a
recession subsequently on profit- taking and closed at 108.
Differences
1902
1900
1901
Manhattan Transit, though less active this week, gained a
from
July 19
July 20
July 37
previous week
fraction and closes at 7 %(37%. Consolidated Refrigerating
found a good market at~5i£@5% and considerable inquiry
9
9
9
Capital
forthcoming,
93,872,700
73.722,700
74,222,700 for American Writing Paper shares was
Surplus
113,074,600
95,357.400
91.035,000
the
preferred
common
fetching
and
17%@19.
the
5(36}£
Loans & dlsoounts 903,327,300 Deo 3,448.900 856,198 500 797,853,900
Circulation
of the market were the
unusually large
31,809,600 Ino
32,400
30,710.100
24,225,700 A feature
Net deposits
940 692,900 Deo 1,505,100 939,145,300 8>«2 174.000 transactions
New Orleans Street Railway stock
in
Specie
173 168 700 Ino 2,661,600 177,501,800 171,381,700
the common realLegal tenders
77,713,800 Ino
444,600
78,313,900
73,243,700 (w. i.) at greatly advanced figures,
izing 18% and the preferred 57, but with a subsequent fallReserreheia
250,882,500 Ino 3,106,100 255,815,700 244,625,400
The New England
36 p. c. of deposits 235,173,225 Deo
376,275
234,786 325 220,543,500 ing off to 16^ and 56^, respectively.
i
<fe
made their initial appearance
Monday and rose gradually to 33, to-day's final
Much strength was manifested by Trenton Pot-
Consolidated Ice Co. 's shares
Surplus reserve
15,709,276 Ino 3,482.875
21,029 375
MOTH.— Returns of separate bauks appear on page 169.
24,081,900
—
Foreign Exchange. The foreign exchange market has
been generally firm on a limited supply of bills. The volume
of business has been small.
To-day's actual rates of exchange were as follows: Bankers'
sixty day sterling, 4 8550@4 8560; demand, 4 8785@4 8795;
cables, 4 8S20@4 8830; prime commercial, sixty days, 4 85^(®
4 85%; documentary commercial, sixty days, 4 84%@4 85 5 g;
grain for payment, 4 85%@4 85%; cotton for payment, 4 84%
@4 84%; cotton for acceptance, 4 85^(34 85%.
Posted rates of leading bankers follow:
July 25
Prime bankers' sterling bills on London.
4 86
Prime commercial
4 861a ®4 86i4
Documentary commercial
4 84i« '®4 86 B8
Paris bankers' (Francs)
6 181s ®5 174*
Amsterdam (guilders) bankers
ft 40ii«
40
Frankfort or Bremen (reichm'ks) bankers 9 4i i 6 3 95
|>
*
Less
»i«.
t
Less
1
3g.
Demand
Sixty Days
4 88I9
5 15*8
4014
l
I
®5 15V
®
40»ie
96»i6t»9tBi,
at 31@30 on
figure.
teries,
common
rising from 22 to *7 and the preferred
The former, however, receded to 24 % today. Hall Signal moved up to 115, against 106 last week.
Reports of a contemplated amalgamation of several leading
the
from 115 to
119.
realty concerns are probably responsible for the lively interNew York Realty went
est shown in the realty stocks
from 145 to 190, dropping back later to 180; Central Realty
Copper shares
sold at 600@645 and Alliance at 130@135.
Boston keeping
were more in demand this week, Montreal
;
&
2%@2
Gieene Consolidated gained '.a
point, changing hands extensively at 27 to 28%, while Union
moved up to 4. Bonds have been prominent in the dealings and San Francisco subscriptions were disposed of in a
large way at 102(3101%. New Orleans 4%s (w. i.) were
active at 89(390. Oregon Short Line new 4s brought 97@! r
and United States Steel new 5s (w. i.) 97% to 9
Outside quotations will be found on page 177.
strong and firm at
;
New York
Exchange— Stock
Stock
Eecord, Daily,
Weekly and Yearly
OCCUPYING TWO PAGES
STOCKS—HIGHEST AJSD LOWEST SALE PRICES
Saturday
Jul
•83
40
•68 "a 70
Monday
1'uesday
July 2
July 22
•86
•OS
'35
40
-OS
70
90 4 914
102 4 1024
40
70
91
Thursday
July 24
Wednesday
July23
'38
40
»36
•68
72
92 4
*08
STOCKS
NEW YORK
Eriday
July 25
EXCHANGE
Shares
40
*68
72
92
93 3
102 41034
Arbor
Ann
Do pref
Santa Fe. 361,562
,
1094 1104
•S
'J
•115
•142
142
142
'142
Do pref
13341384 Clanadian Pacific
90 91% Canada Southern
142
142
1354 1374 1304 1374 137 13S4 1374 1394
-91
92
91
914 914 914 92
91
186 167
1S5 187
ISS 4 ISS 4 186 189
•187 189
:>4
544 55 4 634 554
56
54 34 554
414 434 444 424 44
43*4 44
434 444 43
77% 774
78
77 4 774
774
77 4 7S
7S
211 2114 2104 2114
200 209 "a 210 211
2114 °12
148% 146 149
•146 148 5149 4 149 4 147 149
314
31
314 304 314 **3l"" 314 304
314
SI
-92
92
•92
924 J91 34 914
93
92 4
92 >a
-S74 88
»87<% B8
s?
88
J884 884 * S7 4 88
48
43
43 34
484 4S4
<.484 4S> •48
*76
*76
77
77
76%
•764 764
764 76 % •76
87
-874
874
87 4
884
88
•87 "a
88
88
4
184 188%
183
1814 1824 1S14 1834 183 1S5
• 192
1934 11934 1934 192 4 1934 193 1954 195 196
242 •-'17%
251»4 248 34 252 a4 2484 2494 248 249
1854 iss
91%
'-.
190 4 tlSO
106 -160
210 '200
luo
•160
•200
•_''!.,
m
894 394
17 4
54
107^ 108
54
1814 181
224 22',
39 4 404
174 IS
63
107
123
53
107
122
33 4 344
76
76
76
49*8
49
494 49
179 ISO
17S
•280 286 -280 287
'43
434 424 43 3
92 4
914 924 92
61
52
•524 53
.
CI 1
21<%
404
4
-.
0-',
41
794 80
174
18
173.4
314
884 39 4
704 704
•534 544
53
•62
53
90
1894 190
214 224
904 91
914 92
165
49=8
80 34
•42
83
.
214 21 «L
404 404
80 4 80%
174 17 3
304 304
j
SI 4
3S4
38
54
54
53 4 554
85
85
§54
38
694 70
69
'85
224 23 4
914 94
864
864 86%
72
67
67
133
54
88
48
484 484 4s
190 4 19041904
494
61
4 694
554 58
22 4 224
49
^66
66
72
66
133
126
*874 89
1394140
884 89
136413738
i
12 .4 127
1504 152
•38
914
394
92
29% 30
1,
<
49
'SO
42
82
864
4 42%
4 82»4
364 36%
604 61
34
344
06
89
89
142 142<% «140 1404
13541304 136 137 c
1234
1234 124
150 4 150 34 1504 1514
38 39 4 •88 39
*91 34 93
*91 34 93
30
30
304 30
174
112 41124 1124 114
125 4125 4 126 127
61
60
59 34 00 4
1244125 4 125 126
3
294 30 4 29 4 30
61 3
614 614 61
93
10541654
834 S3'.
354 30V
61
614
34 4 34 34
72
66 34 67
'127
13S
944
93
93
43
34 34
33 34
190
165H
•60
•126
48 34 494
179 1814
280 287
434 43
92
92 1
51
52
184
93
92
165 166
49 4 49 34
354 354
61
34 4
31
107
122
334
754 764
41
80
31
'118
33 4
214 21 34
?79 34
174
17
107
344
34
76
190
160 166
200 210
22 4 224
394 40 34
166
210
174
'
1134
113
59
604
124 125
29 4 294
60 4 614
1134H44 1134 1154 1144 1154
101 34 101 34
184 19 14
101
105
184 194
*101 105
18 34 1S 34
-39
40
394 394
1614 1624 101 34 163
1624 1054
'4
564 564 56% 57
554
J
'
118 118
*90
91 34
240 240
34 4 344
61
•93
•72
•101
•75
62
118
120
"93
74
105
SO
*74
120
*93
714 714 *71
101
70
106
80
15741604 15941614
39
*118
91 34 91\
914 914
2394 2394 2235 235
34
34\
33 4 34
604 62
604 614
43
80
74
105
80
-100
*70
160
-40
1614
44
SO
95
91
98
98 %
•944 95
674 OS
86 34 87
724 73
234
74 4 744
67 4
864 864
724 724
67
97
4 98
94 4 944
684
864 »7 4
724 734
67
78
23
74
23
744
78
*22 3»
234
734 744
400
Highest
tor J'reoiout
Year (1901)
lots
Lowest
Feb 20 484Mayl6
Jan 9 774Mayl5
744 Jan 27 934 J'ly 25
954Jan27 1034 Jan 6
101
Jan 14 1124J'ly21
93 34 Feb21 97 Jau 2
604 Feb 14 72 4 J'ly 21
110 Apr 4 125 J'ly 25
139 Apr 2 144 Feb 19
1124 Jan 28 1414May26
85 4 Jan 6 97 May22
1804 J'ly 7 198 Jan
45 Feb 20 574 J'ly 18
33 4 Jan 22 454 J'ly 10
744J'ne27 79 J'ly 17
1344 Jan 21 2144 J'ly 25
137 4 Jan 11 151 J'ly 1
224 Jan 25 32 4 May 7
90 4 May 5 95 4 J'nelO
834 Jan 22 904J'ne24
434 Jan 24 504 May 7
49 4 Jan 14 80 May 7
75 Jan 16 90 Mayl5
160 4 Jan 27 1894 J'ly 25
186 Jan 14 1904J'ly25
204 4 Jan 14 271 Apr 2
230 Jan 18 2744Apr29
152 Jan 15 *200 J'ly 24
140 Feb 6 1704Apr30
195 Mar 6 210 Apr 15
Highest
20 Feb 34 Nor
50 Sep ('.6 Dee
42 4 J an 91 J'ne
70 May 108 May
si 4 Jan 1144 May
834 Feb 97 J'ne
554 Oct 884 Apr
77 Mar 122 Nov
116 Mar 146 Nov
87 May 1174 May
544 Jan 89 Nov
1454 Jan 1964 Dec
May 524 May
Ma> 504 Apr
72 4 Jan 824 Apr
91 Jan 140 Nov
1204 Jan 136 Apr
16 Jau 27 Nov
90 J'ly 944 Mar
310
SS
75 May- 904 J'ne
83
Do 5 p. c. pref. "A"..
41 Dec 56 Mar
48% 484
Do 4 p. c. pref. "B".. 1,000
600
*76
23 Jan 524 Deo
764 Chic. Indianap. & Louisv.
350
874 874
584 Jan 774 Sep
Do pref
134 May 188 May
L86 41894 Chicago Milw. & St. Paul. 234,820
9,146
175 May 200 May
195 1964
Do pref
243 424 5 Chicago <fe North Western 13,300
168 4 Jan 215 May
Mar 248 Apr
207
Do pret
185 4190
1894 200
195 19S Chic. Rock Isl'd & Pacific 73,617
1164 Jan 1754 J'ne
•160 168 160 168
160 168 Chic. St. P. Minn. & Ora.
125 Mar 1464 Nov
200 210 -200 210
200 210
180 Mar 201 Apr
Do pref
22 4 22 4
7,600
154Feb21
234Apr21
22 4 224
Transfer.
10 4 Jan 31 Apr
224 224 Chicago Term'l
14,15
404 404 3S4 40 4 394 394
304 Feb 20 42 Apr 21 284 Dec 574 Apr
Do pref
3
6,350 104 Jan 8 23 Apr 29 12 Jan 204 May
154 164 15 4 104 15
10 Chicago Union Traction.
300 444 Marl5 60 Apr 28 58 May 60 May
51
51
Do pref
107 4 107 g 107% 107-8 107 107 Cleve. Cin. Chic. & St. L.
2,500 95 4 Jan 14 108 J'ly 18 73 May 101 Nov
118 12"
200 118 Jan 21 1234 Feb 6 11 54 Jan 124 Nov
'118
122 122
Do pref
334 344 334 34 4 334 34 4 Colorado & So., vot. trust 21,175 14 4 Jan 15 354 J'ly 17
64 Jan 18 Apr
764 774 77 4 774 774 784
Do 1st pf. vot. tr. cfs. 7,0211 594 Jan 15 784 J'ly 25 40 Jan 60 Deo
12.510
Jan
14
J'ly
is
49
49 4
484 49
28
484 49%
49 4
164 Jan 284 Apr
Do 2d pf. vot. tr. ctfs.
13,250 170 Marll 1844 Jan 7 105 May 185 4 Apr
181 18 14 179 1804 179 4180
Delaware & H udsou
300 253 Jan 15 297 Feb 4 1884 Jan 258 Deo
2S0 286 4 280 286 279 286
elaw. Lack. & Wcst'n.
4,3H> 41 Apr 7 47 Apr 17 29 4 Jan 534 May
44
444 44
444
444 454 Denver <fe Rio Grande
33,6.
934
944
924 934
88 34Mayl9 944J'ly25 80 Jan 1034 J'ne
934 944
Do pref
51% 534 524 524 624 524 Des Moines & Ft. Dodge. 3.00 39 Feb 1 534 J'ly 11 18 Jan 45 J'ne
214 214 214 214 214 214 Detroit South. vot. tr. ctfs 4.7sy 13 Feb 3 224 May 2 144 Dec 17 Deo
2,0 7" 33
404 40 3
Feb 24 444 May 7 36 Dec 404 Dec
404 40%
404 404
Do pref. vot. tr. ctfs.
6,702 75 J'ne 2 84 4 J'ly 24 75 Oct 82 Aug
804 834 834 844 834 84 Detroit United
174 184 *17 34 18 Duluth So. Shore & Atl.. 3,S4() 10 Jan 15 184Apr 9
174 17%
44 Feb 124 J'ne
4.757 184 Jan 14 354Apr 9 134 Jan 22 4 Sep
314 314 31% 30 4 304
31
Do pref
49,61(1 354Mayl9 444 Jan 2
384 384 374 3S4 374 3S4 Erie
244 May 454 J'ne
8,900 65 34 Mayl9 754 Jan 2 594 Jan 75 Dec
70
70 4
694 70
69
69
Do 1st pref
3,210 51 Mayl7 634 Jan 2 394 Jan 624 Dee
53
53%
52 4 524
524 524
Do 2d pref
6,770 50 Mar26 744 Mar 7 41 Jan 68 Apr
574 584 58
58 4 594
58
Evansv. & Terre Haute..
'86
700 82 May29 1044 Feb 27 SI Jan 95 Apr
90
90
90
*S6
88
Do pref
300 30 Jan 2 52 4 May 9 17 Jan 36 Apr
484 484 Ft. Worth&Den. C.,stmp.
9,100 181 4 Mar 5 195 J'ly 23 167 4 May 208 Mar
1904195
19341944 192 193% Great Northern, pref
70 Jan 11 90 May22 65 Jan 674 Feb
Green Bay&W.,deb. ctf.A
o05
9 Jan 8 25 Apr 9
224
214 214 214 22
74Jan 114Apr
Do
deb. ctf. B
11,550
93
66 ."Jan 15 96 J'ly 23 40 4 May 75 4 Deo
944 95
4 934
92% 93
Valley
91 93 Hocking
3,297 81 4 Jan 11 93 J'ne 2 694 Jan 884 Dee
93
924 93
93
Do pref
60,399 137 Jan 14 1694 J'ly 25 124 May 1544 J'ne
165 84 1674 16b 34 1074 167 1694 IUinois Central
4,325 374Janl5 514 MarlO 21 Jan 434 J'ne
49
49
49
494 434 49
owa Central
1,052 71 Jan 14 904 Apr 28 48 Jan 87 4 J'ly
80
864 86
864
86 4 864
Do pref
400 33 4 Jan 25 43 May29 21 Jan 41 J'ne
424 424 *88*"
Michigan..
&
Kanawha
*82 34"85
"S3
82 4 S3 4
C.Ft.S.&M.,tr. cts. pfd 17,625 80 4 Jan 2 854 Feb 24 774 Dec 814 Deo
364 36% 364 364 364 364 Kansas City So. vot. tr. .. 24,950 19 Jan 15 364 J'ly 24 13 4 Jan 25 Apr
60% 60% 594 604
604 61
Do pref. vot. tr. ctfs. 2,500 44 Jan 14 024 Apr 21 35 Jan 49 Apr
4,200 13 Jan 15 404 Apr29
85
36 Keokuk & Des Moines...
344 :;i4 344 36
54 Jan 184 Oct
f66
00 72 65 72
72
45 Jan 2 84 Apr 2
24 Jan 45 4 Sep
Do pref
1,100 64 Jan 15 71 4 Jau 3 39% Jan 764 Nov
664
664 06% 06
Erie & Western...
654 654
125 13i 125 133 125 133 rake
t Do pref
125 Jan 15 138 Feb
1084 Jan 1354 Sep
325 Apr 7 340 Apr 25 §230 Apr 2355 Nov
L. shore <fc Mich. South'u.
1,900 784 Jan 15 91 4 May 2 67 Jan 90 Dec
874 884 -.-7 4 88 4 •874 88% Long Island
May 7 76 May 1114 J'ne
13941404 1404143
143 1454 Louisville & Nashville... 81,060 1024 Jan 27 14
134<41364 1344 136 Manhattan Elevated... 134,920 128 Marl2 140%.Ian 29 83 May 145 Deo
1354(137
etrop. Secur., sub. rec. 33,117 09 4 May 19 134 4 J'ly 23
1274134% 13041324 130% 132
23,281 146 Mayl2 174 Feb 5 150 May 177 J'ne
151 151% 1504 151% 1504 151 Metropolitan Street
'38
400 38 Feb 7 43 Jan 6 27 Jan 41 Nov
39
394 •38 4 39 4 Met. West Side El. (Chic.)
39
'91% 93
Do pref
89 Mar 3 914 Mar22 79 4 Jan 93 Sep
21,750 254 Jan 15 314Mar31 124 Jan 30 May
29% 29-4 29% 304 294 304 Mexican Central
174
174
174 Michigan Central
2150 Mar 7 102 Apr29 1074 Mar 180 .Nov
112*4 112 \ 1124 1124 ii2 34 1124 .Minneapolis & St. Louis.
4,000 105 Jan 27 115 Apr 19 67 34 Jan 1114 J'ly
700
127 1274
Do pref
127 127
1184 Jan 22 1274 Apr28 1014 Jau 1244 Oct
10,050 364 Jan 2 64 Apr 5 15 Maj 304 Nov
604 Minn. S. P.
S. S. Marie.
594 604 50 4 00% 60
1254 1254 1254126%
Do pref
3,685 90 Jan 14 1284J'ne25 49 Apr 944 Nov
125 126
36,300 24 Mar 5 ..1 4 J'ly 23 15 Jan 354 Apr
304 31% 304 31 .Mo. Kansas & Texas
31%
30
27,550 51 Jan 13 64 J'ly 24 37 May 084 Apr
Do pref
63
634
614 634 024 64
219,825 904 Marll 118 4 J'ly 25 69 Jau 124 4 J'ne
115 11 54 1154 1164 U54H84 Missouri Pacific
101 1014 1014104
800 80 Jan 24 122 Apr 2 2 270 J'ne S2 4 Nov
^Tash. Chatt. & St. Louis
101 105
3,000 e 14 4 Jan 15 204 MarlO c 34 Jan 15 4 Oct
19
19
19
at. of Mex., vot. tr. ctfs
19
18% 184
Do pref., vot. tr. ctfs 1,100 38 4 J'ly 1 454 Maris
894 3 J 4 39
39 4 394
164 34 1657, 1044 105% 1644167% N. Y. Central & Hudson.. 200,010 153 4 May 19 1684 Jan 2 1394 Jan 1744 Nov
56
504 57 4 55
554 55 4 N. Y. Chic. & St. Louis... 7,000 10% Jan 15 57 4 J'ly 23 16 May 574 Sep
100 117 4 May 21 124 4 .Ian 27 97 Mar 120 Sep
119 120
'119
Do lstpref
120
118 120
Do 2d pref
47 Mar 95 Sep
92
1,600 84 Feb 4 924May21
914 914 914 92% 91
450 209 4.Ian 30 255 Apr28 i 2064s Feb 217 J'ne
234 2344 233 238 N. Y. N. Haven & Hartf.
233 239
334 34
33 4 34
334 344 N. Y. Ontario & Westeru. 12,550 32 Marll 364 Jan 2 24 May 404 May
50,o to 55 Jan 14 62 J'ly 18 42 Jan 614 Not
61 K Norfolk & Western
60 34 614
61
O114 614
*93
*93
Do adjustment, pref.
600 90 Feb 21 98 J'ly 23 82 Feb 924 Nov
US
98
98
97
Coast
400 07 4J'ne23 75 4 Mar 8 52 Feb 78 Deo
72
72%
72
Co
724
724 724
4
4 Pacific
-100 105
•100 105
Do lstpref
106 M.u-25 89 Feb 103 4 Deo
100 105
1004 Jan
"*206 78 J'ly 18 82 4 Mar 8 63 Jan 83 Nov
Do 2d pref
80
784 78 3,
784 78 4 75
7
1594 1604 159 41614 Pennsylvania
307,792 147 Jau 11 1614 J'ly 25 137 May 161 4 Apr
1604 160
*40
•40
*40
43 Peoria & Eastern
39 Jau 8 47 4 Apr 9 144 Jan 50 Sep
43
43
80 Pere Marquette
71 Feb 15 83 Jan 14 334 Jan 94 Nov
80
80
Do pref
95
80 Mayl7 485 Mar25 72 Jan 86 J'ne
95
95
984 "984100 Pitts b. Cin. Chic. St. L. 2,700 80 4 Jan -7 loo J'ly 25 57 Jan 81 Dee
984 984 98
Do pref
113 Mar25 128 Mayl4 88 Jan 113 Deo
200 934 J'ne27 964 May 15
'944 944
944 944 944 944 RR. Securities, "A" ctfs
eading, vot'g tr. ctfs.. 117,090 52 4 MarlO 0S4 J'ly 17 244 Jan 58 Deo
67% 6S4 664 674 664 674
65 May 824 Dec
1st pref. vot. tr. ctfs... 16,410 794 MarlO 874J'lyl7
87
864 87
874 864 87
2d pref. vot'g tr. ctfs. 53,600 00 Jan 14 74 4 Apr 22 38 Jan 644 Dee
734 734 724 734 724 734
Rutland, pref
100 74 J'ne27 125 Apr23 97 Nov 1124 Nov
'22 4 23 4 *22
200 12 Jan 14 24 MarlO
74 Jan 15 4 J'ne
*224 224 o t. Joseph & Gr'd Island.
23
^
Do lstpref
3,856 62 Feb 6 77 J'nel7 55 Oct 784 J'ne
74
744 74
744 734 744
-.
r
-
97,310
New Jersey...
1,200
116,300
534 544 Chesapeake <fc Ohio
46,000
424 434 Chicago & Alton
3.800
77
774
Do pref
3.705
211 2144 Chicago <fe East'n Illinois
150
145 145
Do pref
304 314 Chicago Great Western.. 28,850
'92
20
debentures
92 4
Do 4 p. c.
Central of
Range
1902
100-share
33
63
914
914 93 4
so
Atcli. Topeka &
102', 103% 1024 103%
86,108
1014 102%
Do pref
135,890
10941104 Baltimore & Ohio
1104 1124 1114 1124 1104 1114 110 ill
3
96 4 97
1,925
97
964 9b 4 964 Wh
964 964
964 •96
Do pref
7 V
6'J
714 694 71
704 69 4 704 Brooklyn Rapid Transit.. 84,515
7o4 72% 70
123
125
400
125
124
124
115
1244
125
Pittsb'g.
125
124
4
Buffalo
Roch.
&
124
ioi>- 1014
tor Year
0/
Lowest
Railroads.
35
40
72
Range
On basis
Sales 01
the
Week-
STOCK
29
27
'
<
1
r
<fe
i
1
i
<fe
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Banks
NEW YORK
Banks
Bid
Ask
Banks
Bid
Ask
Ask
Bid
Leather Mfr. 260
240 250
215
Bid Ask City (new)... 205
CITV
Liberty
650
425 435
1327 330
Gallatin
America*^ ... 540 560
Lincoln.
Colonial H ... 385
1000
GansevoortU 140
Amer Exch.. t2784
Manhattan^. 330
Columbia^ .. 350
500
Astor
Market <feFul 265
700
Commerce... t3414
German AmT 155 165
BpweryU .... 325
Mechanics
(J'ruExnewVi 445 455
290
German Ex". 350
Broadway ... 310 360
East River.. 155
Mechcfe Trail 160
GermaniaTl .. 600
Butch'8& Dr 160 175
Mercantile.. 325
Emp'estateU 195 210
Greenwich 11 300
Central
Merch Exch 160
190 200
Fidelity!!
210
Hamilton!] •- 170
Merchants'. 185
CenturyTi.... 150
Fifth Avei. 4000
170
Hanover..... 640 665
Chase
700
Fifth
Metropnewll 400
375 425
Imp & Trad. 070
Chatham ..^ 310 360
First (new).. 820
MtMorrisll.. 225
220 230
Irviug
Chemical
Mutuain
4350 4450 14thStreetl|. 200 300
300
175
Jefferson!]..
* Bid ami asited prices; no sales were made on tins day.
± Ex rights.
4 Less than 100 shares.
* Sale at Stock Exchange or at
c Includes, prior
auction this week, s Trust Co. certificates.
Citizens'
280
350
295
163
Banks
Nassaul]
New Amster
New York Co
N Y Nat Ex.
New York...
10th Ward'..
North Amer.
Bid
Ask
195
650 725
1500
250
340 350
150
250 270
1
Bid
Banks
PlazaU
Prod Exchl]
Riversidell
Seaboard
Second
..
Ask
650
160
300
550
050
5
ScviMith.new 135
145
Shoe & Leth. 155
600
12th Wardll. 110
1
23d Wardll.. 110
215 240
130 140
United
Park
625 640
.. UnitedStates 350
People'slj.... 250
235
200
Varick 11
125 135
State banks, a Ex divh lend and rights, b .New stockr
Orieutall]
190
'I
to
May
2
Paciticll
17, dealings in old
Mex. Nat. trust receipts
V
%
'
STOCKS— HIGHEST AND LOWEST SALE PRICES
Mono dy
Satiirtlai/
•34 %
34%
34
70%
70
08
70
•130
'4
120
11 y%
H9%
120
in-'..
107%
22
22% 22%
39% 3934
*119
108
91 34
46 %
63=8
63 s (
64% 65%
65 %
6
*19
32 "a
92
32%
:J3
92
91»4
.".3
§523a
*96
*36
98
38
*37
-232
07
*232
*56%
07
11
•50
32%
52
33
93
i)3
"99%
'4
•119
-00
*37
231
57
39
236
57
52
98
1 23
yy
130
120
ij
5%
5 34
*23
899"
129
;
yy
12 LI
0%
6
*22
24
47
98
-87
3165
-13% 18
$74% 74%
*13% 18
•102% 105
*233
137
104
230
2
-11%
12% 12%
.
•125
'.hi
103
40
103
•230
241
12% 12 1
97%
97
24
47%
98
123%
123%
99" 99 % "99% avhi
130 V 130% 132%
120
119% 120
.100
*71 34
0%
129
"119
•118% 120
90 Si OS
*125 137
107
-13
'75
106
240
230
•11%
12%
90% 98
97
137
130
125
35*4
08V
%
46%
22%
22 V
Do
97%
tr. ctfs..
pref. vot.
92
M. <fc O. stock tr. ctfs...
92
40% 46% IVxa.s & Pacific
132 133
hird Avenue (N. Y.)...
221
2 2 '4 22% Tol. St. L. & W. v. tr. d fa
210 *200 210
^05% 66 \
65% 00%
6
19
19
1 4
230
.
malgamated Copper...
American Bicycle
American Dist. Telegraph
American Express
57% American Grass Twine
1
American Ice
39
237
92
•70
88
106% 103
106%
*230
240
12
12
1.
97%
130
.
1
4
165% 100
•13% 15
98
L38
6
58% 58
10% 11
35
36% *35% 37
25
25
22% 25
52% 55% *51% 56
32
32
33
32%
93
93
93
93V
"5% 6
6
-23
*23
24
23V
*40% 46%
40% 47
97% 98 •97% 98
121% 121% * •99*" 121%
99% 99%
99%
132% 134
131% 132%
119% 120 *119% 120
s
240
2
*36
*233
57
11
39
•87
92
*13
•70
102
230
80
102
230
15
Do
pref
American Linseed
Do
pref
American Locomotive..
Do
pref
8,410
97
135
*10
224
'.is
Do
138
90,320
700
100
Amer. Smelt'g& Refln'g
920
91
Si
*90
17
48%
107%
22%
22
88
174% 174% 172
4
*125
127
127
II
1
>4
lii'l
Lii'S
103V 104% 104%105 3
47% 48%
47 4 47%
87%
87%
87
i
L
*245
252
•248
31% 31%
86
18
80
74
»18
•05
74*i
•32
•82
20
70
18
•*oo
70
32V
"32
02%
127%
41
106%
18%
87
"00
*32
V
32V
82 %
*6%
7
66
40
*14%
10
S0%
65%
'v
•80 Si 81%
-11% US
44 % 44 hi
120
13% 13%
85
85
0%
15
*80
15
81
11% US
44% 45
*112
120
*38
M4V To'% U4%
381% 81%
11% 12%
*80
45%
40
40
117
iiiaaw. Dock
C.Inip'l
/ Colorado Fuel ik Iron...
\J Do pref
Hock. loal & Iron.
Col.
lonsolidated Gas (X. Y.).
1
I
13% 13%
85
13%
85
85
*14%
*54
40 34
41
90V
90'
08%
•128 130
-210 22
86S
•207
*213 216
85
14% 14%
OS
41
*55
40%
90%
0S% 69%
210
88
208
213
119
13
57
40% 40%
90
90%
69
69%
220
88 %
210'"
208
213
205
213
88
•13%
J
•59
65
5
%
53% 54
Do
1
i
81
120
May
May
May
Jan
Apr 160
Jan
.
50
40
90
69
00
1
4
New
York Air Brake
12 0%. Xortii
'118
.
Pullman
40%
90%
70
220
214
4
'•.
55
55
30 V 40
90
68
130 130
2
1
3
"208
i
!omp my.
1> ailway Stei spring...
87 % ViDn prof
19
Republic
...
75%
Do pref
19
llg
ILubl"
68
Ho pi
i
1
1
1
loss-Sheffield St.<&
82 % S Do
Standard B
Tenn. Cos
121
Iron
28
Apr 30
Marl7
26
11%
22
13
Do
14% 14% United
'54
DO
7
39%
80% 90
130
*2io" 220
80 %
88 34
207% 209 210
210
211 216
pref
States
i:. ..
Rubber
est'n
1
&
.11011
100 210
530 10
22,100 84
400 3130
Jan 4
Jan 13
Jan 8
Jan 2«
LOO 14% Jan 16
13,600 213 Jan 10
1,7o.j 110
Jan 2
2,93;
1,82b
1,900
58
49V Apr
%
4
91,140
ran L4
450
72%J'ne24
10
47
Feh
Apr
J iv 2
Dec
4
Jan
69
,
10% Jan IS
78% Jan 16
pr
Mavl
Marl'.'
.
Oct
Apr
May
103% Nov
22
40
ici
i
S
\)ir
I
Mar 25% J'ne
15
J'ne
May23
91
.
Apr29
MarlO
J'ne
.Nov
120% J'na
Mar 02 Jan
72% Mar 89 Apr
'an 10 107 J'ly 23
39
4,411 S2 S
ipi
405 210 Jan 13 20O
7.4.1
2
Apr 10 34 %
3.010 80 Apr
J'lvvi
10,300
0,010 08 Jan 16 76 Api 25
17% Fel»28 20V A pi 21
63 J'ly 20
300 29% J. u
Marls
...I
.
;
1
Apr
170
109
h
I
Sep
4!'
Apr24
53%
.
D
8
Marl7
88
-Mar
8]
100% -May
11 Jan
01
Deo
8
1
05
57%
19
Oct
Jan 225
2
.
'
36.885
%Jan
14
Jan
10
1.;
50
4,700
4,000
600
7,950
I-.
,ii
J.
,
85
2
Pell 13
5
6
Jan
14
19% J'ne
75% Deo
Jau 100
7V May
May
34
2 % Oct
1
Oct
64
L6%Jan
97V Jan
Jan 18 76%-M'r-:
24
69
•
60
Apr
Apr
Apr
?53
36%J'nelt
'
Jau
12
3
10% April
2
11
50% Jan
19
05
17
120V Apr 1.
ll%Feb20 14% Apr
79% Jan 21 86% A]
77,401
27.373
0,400
17
94%
230%A]
Jau 8234 Apr
1st pref
-
Apr
May
in
J'ly
72
125
no Apr
9
I
% Apr
Max
Aug
199V Deo
Jan 100% May
81
v
Apr
May
Aug
Jan
Jan
85
.
23,670 84% J'ly 10
1,900 169% Jan 10
I
ilii)
a
lso
\pr
ypr
J'ne
J'ne
Jan
L3%May
.May
Jan
oo
(Apr
Apr
I-
I
May!!'
42
97
1%
I
Jan 16
72
90
'-.
8%Apr2
Jan 10
01
35
rue
Apr
May
May
82
84% Mar
.19
.
i
LOO
Ti
10% J'ne
34% Nov
28
.
2,800
100
7,320
1,000
-May
92
77% J
87% Jan 13 94
Ian 14
ran 3
Apr
L52% Aug
4
9
M't
an 27
400
J'ne
J'ne
09
U)4%J'ne
127.. (lit
2
3
Jail
lo
an
100 120% Jan
Co
8
J'ly 18
:;.n
J|
J
30
1
i
i
J'ly
33% Xov
Mar24
Mar20
90
90
Mavl7 04
1,150
06
91%Xo7
i
J'ly 14
3
LO
2,700
BOO
4
30%J'ly
.
8
33 Jan
0184%
ii
Xov
45
41% Mar
77V Mar
Mar 49% J'ne
J'ne20
Apr 90 J'ne
LOO Apr 19
153 J'ne
135%Mar3J 103%
130 J'ly
120% May 7 111
Jan 100 Apr
Jan 7
Nov 107V Sep
186 Apr 4
17% Jan 7 13% Mar 21 K Jan
J'ly
79 Jan 10 70 Mar
146 Feb 1 28% Dee 54% Apr
Apr
Jan
228
242 Apr 25 170
14% Apr 23
SV -'an 14V Mar
H0%Apr24 41V Jan 130'.'J'ne
140 Mar26 110 Mar 142 -j Apr
23% Apr 4 12% Oct 20 % j'ne
Apr 20 L87 J. in j.;> Apr
J'ne 3 93% Jau 124 J no
J'ly 10
May
a
1
Jan
221
126 34
130 .Jan 13 139%
1,740
-
31
\l.r2H
27
83
65
400
West'gh'seEl&Alfg.!
Do
Alar
J'na
jo
t
let
i
38
73
1,200
pre!
ii
3
Apr30 100%J'ne23
40%Jan22
'3U6
United states Steel
Do pref
Virginia-Carolina Cheni..
Do pre!
Wells, Fargo
May 00V Mar
14%
3S% Jan
88
26
ine..
K
mcft
leo
J'ne
J'ne
J'na
24
95
300
United States Express...
United States Leather
85
1
Jan 14
Jan L3
tfayl?
eop. Gas-L.<& C. (Chic.)
il Steel Car
Do pref
1
87V
12%
14%
Jan
1>acinc Mail
47%
I
13
%
new
d Co.,
1
Nov
May
99%May
11% a an
43% Apr 22 49%May26
12
iV.-
81
.
07
1,050
Pump..
Ste un
pref
I
Paper
14% 14% Union Bag
•80% 81
Do pref
12
12% U. S. Cast 1. Pipe &
40
Do pref
11%
45% 46
118% 118%
13%
80
*208
02% May
May 133
Jan 3 100% Ap. 20
Jan 20
Uay26
Jan 20 26%May26
89
•38
40%
-80
180
-0%
07%
6% 0%
66% 67%
88% 88% 88%
8834
207% 207% 207% 20 7%
213
Jan
Jau
59V J'nelS
31% Jan 2
9
1
29%Mayl9
prel
aternai
Do
14% •14% 15%
84%
14%
215
i.e
Jan
oov J'ne
Nov
!
J'ly 10
55
Qternational Power
aternational Stiver
93
*38
41
11% 11%
120
Ma\
117
l-vi.l
i
Apr23
2,950 d95%J'lyl4
d Anaconda Copper
Brooklyn Union Gas.
'
ne
J
,1
lylo
i
-
32
10
43
25
pref
I
10
54%
184
0% 0%
00% 66
0%
65% 66
66 %
*38% 40 %
i
Jan 1./
Feb il
Jan 2u 124 Apr2]
May 15 L59% ebl8 147
450 85 Jan 13
American Sugar Refining 99,400 110% Jan
500 115 Jan 2
Do pref
.Mario
American Tel'gh <fe cable
84
20 100% Jan 13
Amer. Teleph. & Teleg
American Woolen
12%J'ne
1
05
14V
*59
05
183 183
12 0% 120% •125
127
125%
41
41
41%
40% 1111,
105 106 V 105%
105% 107
47% 48
47%
87% 87%
88
8 7%
"247
247 201
31% 32% 32% 32 V 32
80% 87
80%
18
18%
18
18%
7i%
74% 74% 74 V 74 V
*17% 18%
17% 17 %i 18
63
*M 66
'02
•32
33
33
34
•82
82 %
82
S2
L81
.
'
\pr
an
IS
46% J
23%
39% Jan
9%J v
1,950
4,760
3,460
1,100
1,000
11,800
4,164
700
100
pref
American Snuff
Do pref
17% •14
17% Manhattan Bi ach
*47% 48% 47% 48%
48
National Biscuit
107% •107 107% *107
Do pref
22
21% 21% National Lea
21% 21% 2 1 % 2 2
•
00
*8S
90
88
90
38% "88
Do prel
17
31% 31%
86%
18% 18%
74% 74%
•17% 19
18%
74%
14 34
54% 53
90% 91% •90
-15
*14% 17
249 V
86
*10
65 34
*38
*115
13%
-59
53
65
53
92
87%
202
31% 31%
80
18
127
41
105
*48
ly 25
'no
i
.ua\
2 J
c
'•
1
Mar
•
.\
14%
127
10
t
300
2,300
Do
1
*90
*15
48 %
»106
22 S3
*87
i
Jan 10
Jan >
21
'4
13
*59
53
92
90
*15
48%
48
L07% *107
-21%
22
00
88%
172
174
76
i
5,500
1,650
1
00
J'ly
56 %
ss
Mayl9 «14j Jan jiij Deo
01 Mar2o 7.i Feb 1 60% Dec 130 J'na
2
L%Sep
8 % Apr
8% Apr 14
10 Jan 1 26% Apr 14 in Sep 35 Apr
28% Apr 11
J'uel7 19 Jan 35 J'na
J'ly 9
07 Jan 89% J'ly
85% Jan 14
Mai 35% J'na
30% Jan 10
Feb
3
86
99%A]U'2J
Apr 91% Jan
40 May
32% Jan 14 42% May
aaii 210
Now
210 Janl3 244V Feoll
pref
Do
98
130
1
*13
*12% 14
59 % 59 % •00
53
*53% 54
Dec
J'ly 25
Mav22
20
00
54,600 37%
200 122
2,500
3,230
3,351 107
107
J'ne
Jan 134
K)% AprlO
\prlO
27
Jan 14
02
36
7
37%.
71V J'ly 23
Jan 27
58
31% Jan
i
400
American Malttn?
&
S
1
78
Vlav 5
2 IV Mar 6
55% .Mar
17
3198 J'ly 11
& Foundry
32V 32%
91% 91V
Do pref
91% 91%
02% 53
*5l% 52% American Cotton oil
-90
Do pref
98
*87
92
105
15
90
1
Miscellaneous.
Adams Express
20
Do pref
"32'v 32 V American Car
*
17% 17%
2
166,31
ctfs.
Dr.
-16
*16
18
18
L8
47%
&
*ia
22 1%
224% 224% 224 % 225% 224 225
L22 . 122%
122% 122 122% 122 122
121% 2 % Continental Tobacco, pn
30
30
30 hi
30% 30% 31
31
30
29% 29V *28% 30% Corn Products
-83% 84%
84
84% 85
84 34
84%
Do pref
«84% 85
89-4
88%
88%
88
Detroit coy Has
89
87% 87% 87
88%
•130 137 8137 137 *136 137% i 137% 137% •130 137% 137% 137% namond Match
5
5
5
5%
MV
4% 4%
4% 4%
HingCo ol
mi
*30% 37
30%
36% 37
30% 37
Do pre!
36% 30 "4 36 34 37
188 190% 184% L89
187% 188
186% L89
186% 187%
iral Electric
190 190
Oil
00
04
02 George A. Fuller Co
57 >v
57% 09
58% 59
58
63
56
98 Si
98% 100
103% 105%
Do pref
99% 102% 103% 107
104% 106
98
20% 20% 20% 20% 20% 20% 20% 20% 20
20
*20% 21
International Paper
*73% 74
*73% 74
73% 73% -73% 74
73% 73% *73
74
Do prel
•17% 18*4
224% 225%
•122% 123
82%
70%
hi
Southern voting
39
50
'
20
32 34
% 24V
53%
32% 32
93% 93%
46% 47
97% 97%
*
7o
*200
02
33%
*23
24
•40% 47
07-4 98
210
23
4
52
93%
•5%
37%
71%
69%
1,450
2d pn
36% St. Louis South western.. Lo7,2 ta
I in
71 S
prof
Southern Pacific Co
181,620
27
Hajhest
'
1
39
231% 231 34
08
08%
10
11
33
35
37 3
2
86
*36
11% 11%
21 34
80
76 34
4
32%
91% 91%
52% 52%
98
39
231
5834
37
•22
*51
33
93%
0%
6U
6
*18
91% 92
o_v
92
52 38
85 %
1,000
30.1OU
Hi:---.
s
00% 67 34
6
20
02%
32 34
327,
-21
*51
33
*23
24
40 % 47%
12 9
04% 07%
11% 11 34
38% 38%
117,
38%
*22% 24
•200
212
18
20
*51%
•
*200
21£
75
<fe
i
'205
210
72%
-j
24 V
4
72 %
<
Jan 7 35 s M.u-12
MaylO 141% Feb 17
Jan 2 75% J'ly 20
J'ly 9 88
Jan 11
I
63 3
63
63%
*37% 38%
37% 38
27% 28-% 2S% 28%
49% 51%
49V 50%
63
49 % 50
97%
'-4
23 3
70V
1
Highest
i
157 108
Do pref
172.300 08V
llO'v
109% 110
109% 110% Union Pacific
92% 92
Do pref
02V 94
93% 94%
Mar
94 8 J'ly 25
31 1.% Wabash
30% 31% 30% 1%
13,700 21 34 Jan 14 31 J in"..,
47
Do pref
41 %
21,925 41% Jan 13
46% 4',
7 , J'ne23
24
24%
23% 23% Wheeling Dake Erie...
17 Jan 2 7 24% J'ly 18
23S2 24%
2,000
03% 63% 02% 63
62
63
Do 1st pref
49% Jan 27
Apr29
2,400 28 Jan 14 38% Apr 30
37% 38
38
Do 2d pref
38
37V 37 V
'3,
28% 2-V 2 1-4
\lav 7
28%
27V 28 S Wisconsin Cent. v. tr. cf.s 20,710 19%
51
Do pref. rot. tr. ctfs. 19,300 39 % Jan 24 01 V J'ly 23
51% 50% 51% 50% 51%
31
47 V
I
&
&
St. Jos.
Grd Isld, 2d prel
St. Law.
Adirondack...
St. l.oms.v -:ui Fran
Do 1st prel
Do pref. vot. tr. ctfs.
39
39% 39% 31 S
123% 124
123% 123% Twin City Rapid Transit
123
lnsM
l
Week,
slia res
33% 33%
rs
On
Liu
EXCHANGE
'4
Jiaaye lor year 1U02
Range lor Rrevioul
basis oi 100-share lots
Year (1901
Sales 01
STOCK
LXXV.
[Vol.
34%
U32% 133
f
121"4
Friday
97% 97%
22 5
47%
37% 38%
27% 28%
*203
65
3J
!
STOCKS
NEW YUKK
i
*93
40 3
132% 134
132
107 V
92
31
31
46 34
24
'93
45
39
91%
30%
i.;i
22%
!
'-
70%
30V
70%
68%
38%
70',
".
92
132
8!
30% 37
70% 71V
08%
39
39%
97% 97%
71
44 34 "4*6%
131
22 v
130
131
*84
75
68%
38% 38%
07% 97%
67%
38-% 39%
39%
97% 97 V
97%
92% 92% *92
40
44%
45%
V
/
70% 71%
71
86
74V 75V
35V 30%
36%
36
69 "a
70%
75%
Thursday
34% 34%
*85
86
74% 75V
'
34%
'•
7138
71
71=8
Wednesday
July 33
sdav
July
July ?i
19
71
•85
i
Stock Record— Concluded— Page 2
172
1
;
L4S
Not 180
Deo
10 7
Xov
l"ec
18*7
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Bunks
NEW YORK
CITY
Rid
Banks
Sid
Ask
5th Avenuef, 105
t300
Manulactrs'. 340
"West Side;..
Mechanical]
Western
Yoikvillc-
..
010
240
.Kl.V.N
220
100
BorougnU
Broad wayl,.. 200
Brooklyn*. .. 130
70
8th Wardll ..
Bedfordli
*
1
Banks
Union',
First
.
nils'.. 110
350
290
Nat City
North sidell. ISO
206
eople'
'
I
II
Ask
160
Trust Go's
Continental
Rid
.
040
Ask
Trust
660
N. V.
185
Atlantic Tr.. 285
Bowl'
210
Broad'
C'IR'tj
rust...
300
220
185
050
1915 L935
too
•
26th Ward'.l. 135
Bui and asked prices; no sail s on this day. 4 Lew than 100 shares.
bale at Stock ttK*M>aiiff» wit +t MMfcutM Vu* '•eak. o Ex simile V
Ask
Rid
C'o's
Morton 4'iiisi
Eastern Tr..
.Milt. Alliance
Equitable Tr ooo"
i020" N V
Farm LnAiTr
x ysec&Tr
640
North Amer.
mty Tr 750
nan Tr
770" 825" Standard I'r't
390
Tr Co o
Uncoil
Hpbr
Ck'rBty 200 2S"6"
0(10
Union
.
,
rrnsi
lie
.
100
420
Merc
iExriglits.
1
r s
m
I'nit
1259%
100
I
Flatbush
Franklin
too
LOO
'
I,
270
280
lsl
LU
1700
Wiluamsb
instead ol
rfliei..
flcates
1
.Mane,;.
'8
.
as k
240
10% 445
175
t
i
270
i
States
Rid
«'s
ngton. 400
1O90 1110
300 320
I
.ill
<
VanN'denTr 220
lolitan
1
L30
200
140
105
Trust Cos.
21 S
Nassau
17th W.n.r
Rid
BROOKLYN
Washiugt'nl 200
Wash
200
i
Ask
BROOKLYN
1
.i..,
...
.
g.
220
300
227
I
per share.
to o.iuks.
New York
Stock
Exchange— Bond
Weekly and Yearly
Record, Friday,
OCCl'l'YlNU FOUR. PAGES
E*:
lil)M)S
STOCK EXCHANGE ~
H. V.
Week's
Satin-' or
Jit
W'KKK EMU-SI? JULl" 25
25
It/
Ask Low
Hid
UoTeTTiineni
Q
S 2a eonsolregistered.dl9
<(19
9811)Q.
upon
S 2s
Q
consol reg small. -dl9
& 2s cousolcoupsiua.il. iilo (i y
fcl9
S Us registered
tel9upon
Q
- 3s reg small bonds. .fcl91
Q
S ;is OOU small bonds. .fclOl Q
M90 Q
s 4s registered
M90
S 4s coupon
192 5 Q
S is registered
y.
19!
3 4sooupon
190 4 §•
8 5s registered
yo4
1
E 5s coupon
Q
I'.
V
V
V
X'
l
V
V
TJ
1
i
1'
TJ
Last
'.'
.-,
108
109% Apr'02
1093s May'02
Am Dock
109*2 109 78
10S*al00 58
107*2 109 't,
107 110
107 1H7
109*2
1
107
Ki7
J'ne'02
J'ne'02
iiiV," iiif" 100%
1' 6 7
i os
109
108% L08 1
108*4 109*4 109*4 J'ly'0'2
132 Sale 132
132*4
183% 134% L39 34 Apr'02
a
103 4 10434 L05VjMay'02
Salt
i
.
.113
113
.
105
11)9*4
on 132
L05 4l06*2
100*4 100*2
3
106 1aJ'ly'02
106
139*2
L39 34
Foreign (Government
95 >a Feb '02
9434
Frankfort-on-Main 3%8 ser 1.. M-S
Then? are price s on the ba sis ol four marks to
98Wly 02
rsof Mexico si g 6s of 1899 Q-J
n the b asis
2 hese are pr ice*
State Securities
107 Mav'02
Alabama class A 4 to 5. ...1900 J109*4 Oct '00
1000 JClass Bos
102*2 Mar'02
looo JClass C 4s
111 Mar'02
1020 J-J
Currency funding 4s
J?
-A
124
126 Oct '01
Columbia
3'65s....l924
Dist of
106 May'02
Louisiana new consul 4s. .1914 J-J 106
109"aFeb'90
Small
J-J
Missouri funding.. ..1894-1995
104 hi Jan '02
North Carolina consol 4s. 1910 J-J
136*2 J'ly '01
1919 A-O
6s
120 Mar'00
1988 J-J
So Carolina 4 *as 20-40
9534
95 34
94%.
Tenn new settlement 3s.. 1913 J-J
J-J
94 J*ne 02
Small
90*2 96*aJ ly'02
96
Virginia fund debt 2 3s. ..1991 J-J
J-J
Registered
8 JTy'02
6s deferred Brown Bros otfs. ....
,
94 34
Tie
do
95*2
liar.
96
of
100
$jto £.
&
—
1939
Registered
19U5
General gold 4*2»
199S
Registered
1940
Craig Valley lstg 5s
con
.1989
1st
4s.
Rcfc A Div
g
1989
2d consol g4s
Warm Spr Val 1st g5s..l94]
Greenbrier Ry lstgu g 4s '40
Chic <fc Alt RR s iund 68. .1903
1949
Refunding g 3s
107
11
I
1
,
,
1
Railroad
Alabama Cent see So Ry
Midi
laba
See Sav Fla &
Albany <& Susq See Del & Hud
Allegheny Valley See Perm RR
W
Alleg & west
AmDock&Im
See Butt
R&P
&feCentof N J
A1995
Atch TASFe gen g 4s... 1990
Registered
1995
Adjustment g4s
/U995
Anil Arbor 1st g 4s
Q-J
99% Sale
(
A-O 104 Sale
A-O
Nov 95% Sale
94*2 Apr'02
Registered
ftl995 Nov
9234
Stamped
93*4 191
/il993 M-N
93
Ohio 4 St Louis 1st 6s. .1915 M-S 114
J-D
Atl Knox <Ss Nor 1st g5s.. 1940
116 ISO 108Q Deo'01
Atlanta <S> Danv See South Ry
Atlanta * Yadk See South Ry
4NW
Austin
See Sou Pacino
Creek & S See Mich Cent
Bat
alt & Ohio priorlg3 12S.1925
Registered
/il925
Gold 4s
ftl948
Registered
ftl948
Conv deb 4s
1011
P Jun & Div 1st g 3*281925
Registered
pl925
PLK&WVaSysref 481941
Southw Div lstg 3*23.. .1925
'1-1925
Registered
Monon Riv 1st gu g 5s. .1919
Gen Ohio R 1st cgl*28..1930
Beech. Creek See N Y'
<fe H
Bellev & Car See Illinois Cent
M
Bklyu
Bruns
J-J
Q-J
95% Sale
A-O 103 Q
96>a
R
Q-J
102*2 Feb '02
M-S lioi* Sale 110
112% 2*71
M-N
91
91 J'ly'02
Q-F
M-N 99 Sale 98 34
74
99
J-J
90^2 74
90 Bale
90
Q-J
F-A
90*4J'ly'0
114*4 J'ne'02
M-S 109
112
P geu g os.. .1937 M-S 117V
West 1st g 4s gu..l998 A-O 103%
Mali
1st gug 5s
1943 J-J
C1&
117
<fc
Nov'01
J'ne'02
.
Roch<fc Pitts 1st g 6s. ..1921 F-A
Consol 1st g 6s
1022
Buffalo <S> Southwest See Erie
Buffalo A Susqu 1st g6s.. 1913 A-O
Registered
1913 A-O
1st refunding g 4s
£1951 J-J
Bur Cedar B & No 1st os. 1000 J -D
Con let col trust g os.. 1034 A-O
Registered
1934 A-O
1st gu 68.1921 A-O
& St L 1st gu g 7s 1927 J -D
1908 J-J
Canada South 1st 5s
2d 5s
1913 M-S
Registered
1913 M-S
Carb <fc Shawn See 111 Cent
Carolina Cent See Seab & Roan
Carthage & Ad see N Y C <fc
8ed R la F &
-bee B C R <fc N
en Branch UPlstg4s... 1948 J-D
103 Apr'97
130 May'02
125 78 J'ly'02
JO
&
CBIF&S W
M
RR & B
124
Nov'99
103 J'ne'02
103 78 J'ly'02
1037a
125
12438 J'ly'02
.
124 s8 Eeb'02
118 Jan*02
117i«
IO434 lOS^s 104*2 104*2
IO934 110% 110 J'ly'02
107
Aug'01
93
03
J'ne'02
&
Registered
2dpref income g 5s....pl945
8d pref income g 5s
pl'Jio
Chatt Div pur mon g 48.1951
Mac &NorDiv lstg 5s. 1946
MidGa& Atl Div 5s.„. 1947
Mobile DiT 1st g 5s
1946
Centof NJ 1st consol 7s.. 1902
General gold 5s
1987
Registered
7il987
109
122
.
1st pref Income g 5s....pl945 Oct
Oct
Oct
J -D
J-J
J-J
J-J
84
109
May'02
85
88% Sale
*26
91%.....
92
95
102
106%
108%
May'02
Dec '99
J'ne'99
112*2 Apr'02
101*4 May'02
136*2 136*2
13634 136 3
10;>*2
136*2137
Q-J
<
1945 A-O 108% 109 108 J'ly'02
J-J
110 Jan '99
os.1916, 1941 J-J
114 May'02
Bk Q Co & 8 con gu g 6s. 1941 M-N 100
102 J'ne'02
Bklyn Un El 1st g 4-58.1950 F-A 104 Sale 104
IO434
Kings Co El lstg 4s.. ..1949 F-A
89
91
89% J'ly '02
Nassau Elec gu g 4s
19.01 J-J
*84
City <fe S Ry ISalt 1st g 5s. 1922 J-D
ConnRy<feLlst<ferefg4*2S'51 J-J
98 Apr'02
Den Con Tr Co 1st g 5s. ..1933 A-O
96 J'ne'00
Den Tram Co con g0s..l910 J-J
BkCity 1st con
6s. .1034
,
Met Ry Co 1st gu g 6s. .1911 J-J
Ry 1 st con g os.1905 J-J
Gr Rapids Ry 1st gos...al910 J-D
Dfct Clt St
Louis
Ry Co
1st
Market St C Ry
Met
St
Ry gen
103
con g 5s.. 1930 J-J
1st g 6s. .1913 J-J
g 5.S.1997 F-A
Bway<fe7thAvl8tcg5s 1943 J-D
col tr
•No price Friday;
latest price this
*a
10234
. -
121*3
11114 1^ 12
Mayo:
114
ni'-_.,
J-J
\-i
\
N 4s
M & Ft D
Des
121
tn-a
M-N
M-S
M-S
108
J-J
114*4 116
102 '2
I'.
121
J-.!
'2
99
102%
A-O
80
J-J
J-J
F-A
F-A
J-J
J-J
103
1st 2*28
Extension 4s
132
131
141
139*4
Nor Wisconsin
109
121
121%
117%.
118
week.
aDueJan
Nov'01
19*8
''..',
98
101*4
Apr '99
!
1
102*4 lo3
99*2 loo
102
1! 4 •„..
114
104%
...
109
1093„
4
100
85
83
83%
ss
SO
83 34
102-1 106*4
LOO»4 103*2
100
99% 103*2
Apr'02
ly'l
1
14'ill0*4
104% 100
-_
109'y.
111*2
109
99% 100
10 107*2110
119
108*4
J'ly'02
HI
J'lj '02
J-J
122*a...
L39*2J'ne'( 2
124*4
124
11.S3, 122
111 114
138*2 139*2
20 122*2 120*2
124% 124%
124 34 Mar'02
125 May'02
130*2...
129% J'ly'O
116 117*2 117 J'ne'02
115 May'02
'190
188 3j J'ly'02
J-J
J-J
J-J
J-J
J-J 112%.
J-J •114
n
117
110% 117
120*2 Mar'02
120*2 120*2
104 34
104%
124% Apr '02
118% 124*8
115*4 J'ly'02
U8*e J'ly'02
113% J'ly'O
137*2 J'ly '99
123% J'ue"02
110*2 Apr'02
182*2 Jan '02
114*2118
116% 121%
112*4 115%
122*2 124
108*2110*3
182*2182*3
118% 119
118 34 May'02
108*8 J'ly '02
108*8109%
114% J'ly
114 117*3
11334 115
'02
Mar'02
115
117%
116%121%
111
Mar'02
123*4 May'02
117
117
115
135% J'ly '02
120% 123%
135% 141
101% 104%
101% 104
101 3 J 'ly '02
101% J'ne'02
107 J'ne'02
,
107
107*a
Mar'00
107
ib'6%ioo%
106*8J'ne'02
103
Nov'98
115*2
115*2
oci 'oo
J'ne'02
111
109
14 il5~" i"l8"
ib*8*aii"6""
107%May'01
107%J'ne'O2
108 Oct '01
107% 109%
115% J'ne'02
ii'i*"
i"i7%
121*2
124"
114
Oci HI
123*2 J'ne'02
123
May'01
113
Jan
'01
109*2 Mar'02
110*4 Aug'01
no*-.;
107*2109*3
133% J'ly '02
J'ne'02
133% 13734
125% 128*2
142*2 Feb '0'.
139% Jan '02
142% 142*2
139*2 139 34
120*-..
107
'h
IIOH.119%
Kel> '01
110% 110%
110%May'02
129*2
128
110
129
128
132
128
'2
127% 131
110*4
lll%Apr'02
100% J'ly '02
98%
99% J'ne'02
98*2.
99*2 J'ly '02
99% J'ne'02
105*4
113%
109
112
100*4
100%
99% 99%
^H
99*2
11 0*2 Apr'02
109*4
110%
139*2 138*2 J'ly'02
138 *4
138 *2
140
127 \
16 86
.
99% 99%
98
99%
91% 91%
99% May'02
91% J'ly '02
.
91*4.
90*2.
97
Ill
*
132%
114%J'ly'02
105*2 Feb'98
104 34 Jan '02
99%.
9838
97
125
126
113
182*2 196
112 115
112% J'ly'02
.
125
113%115
.
Dec '00
138 34....,
138% J'ly '02
1st 6s. ..1930 J-J
137%138
140
A-O
128%....
88*2 90
J'ne'02
129% J'ne'02
88*2
89 *s
122
123
122% J'ne'02
123% 123*4
StP&S City lstg 6s. ..1919
102*8 104*2
Mar'02
loo
M-N
M-S 119 ....
J-D 111*4 ....
A-O L39 34 ....
M-N 124 124-4
M-N 123%...
Chicago Ter Trans g 4s. ..1947 J-J
00
J'm'irj
1
109%
1
Apr '00
99%
:,
105%
109*2 Ang'01
1905 J-J
1905 J-J
1905 J-J
142
141%
140
130%
903,
on Next Page.
Street Railway
107 110% Met St Ky— (Continued)
Col<&9thAvlstgug 58.1993
Lex Av<fe P Fist gu g os 1993
112%114
Third Ave RR con gu 4s 2000
100 106%
3
Third
104
100%
Ave Ry 1st g 5s.. 1937
15
4
Met
93
89
5 El (Chic) 1st g 4s. 1938
Mil El Ry & L 30-yr g os.1926
Minn St Ry 1st con g 5s.. 1919
St Paul City Cab oon g os.1937
98
98
Guaranteed gold 5s
1937
Union El (Chic) 1st g 5s. .1945
Chic St40-yr 1st cur 5s. 1928
40-year consol gold 5s. ..1936
W
W
Gas and Electric Light
Atlanta G L Co lstg os... 1947
Mar'98
118*"
104
108% 109*4 108%
Keok& DesMlstos....l923 A-O
Chic & St L See Atch T & Sa Fe
91 34 93% Chic St L & N O See 111 Cent
Chic St L & Pitts See Penn Co
Chic St P M & O con 6s. ..1930 J-D
Ch St P & Minn 1st g Os 1918 M-N
1C0 112*a
101*4 103*8
106*2 i 10%
S
'01
1:
105% J'ne'0-j
in
A-O
A-O
M-N
M-N
M-S
.1
102%J'ly'tf.
86
86
S3
83 34 Apr'02
103 J'ly'02
Sale
Sale
s3
108
Api
103
110
108
1
117
119*3123*2
14
1
.
!
.1
108%
Sale
J-J
M-s
M-N
M-N
C 4a ...190 M-N
1910 M-N
1915 M-N
1910 M-N
1st 4s
112
11
•
iu" "™
H4s
M4s
loo
105
105
102
M2
.M-S
u
106*2 109 34
119*al22
MaV'02
100
.
High
II334 115
I
102% 102
M
MISCELLANEOUS BONDS—Continued
Street Railway
Brooklyn Rap Tr g 5s
Atl Av Bklyn imp g
02
January 1
.sale
Vo
115
PW
109*8 109*2 00 106*2113*2
105*2 Sep '01
84*4
84 3 ,40 76
89*a
39*2 116 32*2 44*2
38
26
26
1 18*2 31
M-N 101%
J-J
1
Mange
or
a sk Low
j-j
Chic& LSuDivg5s....l921 j-j 117%...
93*a 94*2
91*4 9534
Chic&MoRiv Div os.. .192(1 j-j 121 ...
1910 jj 114*8...
Chic & Pac Div 6s
1921 j-j 117 34 118*1
lstg 5s
Chic&
1916 jj 113*4...
Dak & Gt So g 5s
1924 j-j
Far & Sou assu g 6s
1910 j-j 120*2...
Hast <feD Div 1st 7s
1910 jj 107 34 ...
1st 5s
1908 j-j *190 ...
I&DExten 1st 7s
94 34 97 k
1919 j-j 116*4...
96*2 97
LaCrosse & D 1st 5s
109*2
102 10434
Mineral Point Div 5s
1910 j-j
1910 j-j 114*8116*2
102 103*4
So Minn DivlstOs
SouthwestDivlst6s..„1909 j-j 113*8...
104 112*2
1921 j-j 118%...
90*2 93%
Wis <fe Minn Div g 5s
MU & No 1st L 68....1910 J-D 115 ...
97*2101
1913 J-D 120*2 121*2
1st consol 6s
136 ...
90
91 7e Chic & Northw cons 7s. ...1915
10138 ...
Gold 7s
90*4 90*4
1902
Registered
114*4 114*4
1902 J-D 101*4...
Extension 4s
18861920 F-A
Registered
1886-1920 F-A
General gold 3*28
1987 M-N
106%
Registered
»1987 Q-F
Sinking fund 6s. ..1879-1929 A-O 115*2.
Registered
1879-1929 A-O
Sinking fund 5s.. .1879-1929 A-O 109 110
117 119*2
Registered
1879-1920 A-O
Debenture 5s
1909 M-N 107*2""!
Registered
128 130*2
1909 M-N
Debenture 5s
1921 A-O
125 34 129*2
Registered
1921 A-O
Sinking fund deb 5s
1933 M-N
Registered
1933 M-N
Des Mo & Minn 1st 7s.. 1907 F-A
102 103
Milw<fe Madison 1st 6s. .1905 Al-S
103 *a 106*4
124*4 126*4
North Illinois 1st 5s
1910 M-S *110*4 ...
Ott C F & St Paul 1st 5s 1909 M-S *109*4...
12458 12434
Winona & St Pet 2d 7s. .190 M-N no 1-2...
118 118
MU L S & West 1st g 6s 1921 M-N 133 s 134*4
Ext& Imp b fund g5s 1929 F-A 127*2
104*2 107*2
Ashland Div 1st g 6s. .192 M-S 138%
107 34lH
Mich Div IstgGs
1924 J-J 135%
Convertible deb 5s.. ..1907 F-A 105%
Incomes
1911 M-N 107%
Chic Rock Isl <fc Pac 6s.. .1917 J-J 128
Registered
1917 J-J 128 Sale
General gold 4s
95
93
1988 J-J 110*4 Sale
Registered
1988 J-J
Coll trust Series
M-N 108%,
F-A 128
^1945 F-A
1945 M-N 10938 Sale
1945 M-N
Cent of Ga RR
Registered
Consol gold 5s
Last
:i
See Mo Pac
see Balti
Ohio
of Ga col g 5s 1937
1st g 5s..pl945
Cen Branch Ry
Central Ohio
100
H
N
90
97 Apr'02
103 1* 103*2 48
Sale
& Montauk See Long I
& West See Sav Fl & W
N Y & Erie .See Erie
Buffalo
Buffalo
All <fe
Cen
96s4
M-N
Q-M
=._
M'eek's
Range
u
112%
J-J
J-J
lien 3*2S...195(i J-J
1950
Registered
Chic Bur & Q consol 7s. ..I'.'
1905
Chic* Iowa Div 5s
102*21(12*2
192
Denver Div 4s
1949
111 111
Illinois Div 3*28
194
Registered
106 106*4
Iowa Div sink fund 5s.. 1919
1919
Sinkin g fund 4s
Nebraska Extension 48.1927
Registered
192
104 104*2
192
Southwestern Div 4s
Joint bonds .See Great North
1913
Debenture 5s
95*a 96%
94
95
Han <fe St Jos consol 6s. .1911
95*4 99 34 Chic& E 111 1st a f cur Os.190
1934
1st consol g 6s
1937
10*2
General consol 1st 5s
8
193
Registered
Chic & Ind C Ry 1st 5s. 1930
Chicago & Erie See Erie
Chic ln<fe Louisvref 6S...1947
194
Refunding gold 5s
LouisvN A &Ch 1st 6s. 1910
Chic Mil & St Paul con 7s 1905
1914
Terminal gold 5s
6 95«e 100
99 78
»9 7
General g 4s series A..el989
108 78 104 X4 103 103 10534
el98t
Registered
10234 J'ne'02
102 105*4
General g 3*28 series B.e 1989
94 *a
96 34 "72 92
9534
Registered
el 989
106
it
Bid
Imp gu
Mailway 1st
,1
July 25
5s. .1921
Lect Hud u gen gu e 5s 1920
is
Coal
os.. L91
Wilks
Leh
?1910
Con ext guar 4 *as
<fe Long lie gen g 4s L94
Cent Pacifio .sec 80 Paoiflc Co
1931
Cliarles* Sav 1st g 7s
Ches <t Ohio g Os s>.-i A.Ji 1908
<*19J
Gold 6s
L93U
1st consol g os
<fe
NY
105% "GS> L07%J'ne'02
106 7e
Ji
<
107% 108
i-i
Price
STOCK EXCHANGE
Sale as* January 1
Week Ending July 25
High So Low High Central of N J—(Contimu d
N. Y.
Si
•».
107
BONOS
Mange
Price
Fritl ay
98% Sale
*123
*102%
109
110
98*4
125
124
,
99 3
4
,124
98%101%
101
27
103
110
110
J'ly'02
102% J'ly '02
106
110
121%124%
561
Oct '99
J'ne'02
114%Nov'ol
109*2 Deo '99
99"
Dec*'97
91%Oot'98
Bos V Gas tr otfs s f g 5s. 1939
122
60 117 120%
117% 119% Bklyn U Gas 1st con g 58.1945
117% 118% 117% 118
sOption sale
Dec
«Due
d Due Apr e Due .May ffDueJ'ne TiDueJ'ly fcDueAug p Due Nov
122
J'ly'02
15 119
9
1
,
174
BONDS
Price
STOCK EXCHANGE
Week Endin<; July 25
I St
Oin S
L
C
<fc
&C
Clearfield
,S'«
See
&
CCC
CCC
Mali
<fe
°
High No Low
1
11734.
11734 J'ly '02
II734 119
D
109
Apr '02
109
J-J
107
109
A-O
109%.
.
114%
115
113
Oct
Ul'i
J'ly'O'J
'tin
11334
115%
L
1st g 5s. ..1918
1st land gr ext gold 5s. .1030
194:'.
'onsol uold 5s
Fort St U D Co 1st g 4%S.1941
Ft W<fe Den C 1st g6s....l921
Ft
<fe Rio Gr 1st s 3 -4s. 1 928
/ < al Har <fe S
See So Par '<.
V7alH& Hot 1882 1st 5s. 1913
Ga Ala Ry 1st con 5s. .01945
Ga Car No 1st gu g 5s. .1929
Georgia Pacific See So Ry
Gila
G & Nor See So Pac Co
Gouv & Oswegat See
Cent
Grand Rap <fc Ind See Penn l;i:
Gray's Pt Term See St L S
Gt Nor— C B & Q coll tr 4s 1921
Greenbrier Ry See dies A O
Gulf&SIlst ref <Sstg5s 61952
&
B R&P
Cleveland Cin Chic & St Louis
General g4s
1993 J-D
Cairo Div 1st gold Is. ...1939 J-J
Cin
& Div 1st g 4s. 1991 J-J
St LDiv 1st col tr g4s.. 1990 M-N
1990 M-N
Registered
Spr & Col Div 1st g 4s. .1940 M-S
Val Div 1st sis... 1940 J-J
C I St L & C consol 6s.. 1920 M-N
,...fcl936 Q-P
1st gold 4s
Registered
fcl936 Q-F
Cin Scfe CI con 1st g 5b. .1928 J-J
1914 J-D
T consol 7s
1914 J-D
Consol sink fund 7s
General consol gold 6s. 1934 J-J
Registered
1934 J-J
1st prof 4s. 1940 A-0
Ind Bl &
OInd&
1st of 5s...dl938 Q-J
Peo & East 1st con 4s... 1940 A-0
Income 4s
1990 Apr
CI Lor & Wli con 1st g 5s. 1933 A O
Clev & Marietta See Penn RR
Clev & Mahon Val g 5s... 1938 J-J
Registered
1938 Q-J
Clev & Pitts See Penn Co
Col Midland 1st g 4s
1947 J-J
Colorado ifc Son 1st g 4s... 1929 FA
Colum & Green v Su So Ry
Col & Hock Val See. Hock Val
Col Conn & Term Se e N <fc
Conn & Pas Rivs 1st g 4s. 1943 A-O
& Gt So See C & St P
101%102
WW
102
102
102
102*.; 102
103*4 104
101
W M
102
102
Apr '02
104%
102
102
101%103?j
J'ne'02
L02%104 34
Mav'99
99
100
83
98
J'ne'01
Nov'99
104
102
104
113%
CCC&
105=8 Mar'02
105
115%Apr'02
134% Jan '02
115
Waco
See
138
138
i'04%Nov'01
100
116% May'02
98% 102
72
82%
114%116%
128
127%128
100
72%.
115
100
73
.
125%.
84% Sale
96 % Sale
J'ly'02
J'ne'02
84*4
9G 34
M
MK&T
& Western 7s... 1907 MS 117%.
Morris& Essex 1st 7s... 1914 M -N 135
Del Lack
.
1915 J-D
1915 J-D
2000 J-D
1st ref gu g 3 % s
N Y Lack & 1st 6s. ..1921 J-J
1923 FA
Construction 5s
Term & improve 4s
1923 M-N
Syr Bing <fc N Y 1st 7s. .1906 A O
Warren 1st ref gu g 3 %s 2000 F-A
Del * Hud 1st Pa Div 7s. 1917
Registered
1917 M-S
Alb<fc Sus 1st con gu 78.1906 A-O
1906 A-0
Registered
Guar gold 6s
1906 A-0
Registered
1906 A-0
Rens & Saratoga 1st 7s. 1921 M-N
Registered
1921 M-N
Del Riv RR Bridge See Pa RR
Denv& R Grist con g 4s. 1936 J-J
Consol gold 4'2S
1936 J-J
Improvement gold 5s... 1928 J-D
RioGrSogu See Rio Gr So
Den & S West gen s f g 5s 1929 J-D
137
1st consol guar 7s
.
Registered
W
.
131'', ...
118%
117
96'
110
49
11
7% May'02
135
137
140
82*4
8634
91
97
135
137
1
1
<fe
Mack
J'ne'02
143
Aug'01
H534 Feb'02
112%.
Gold 4s
L08 34
-
147%.
147% J'ne'02
147% J'ne'02
102
107
102
14 7'-.
Sale
147% 147
102
101
'2
90%
90
Feb'01
J-D
1995 J-D
1951 J-D
100
102
94
102
94
Iron Range IstSs.. 1937
1937
Registered
1916
2d 6s
Dul So Shore <fc Atl g 5s.. 1937
East of Minn .V. si P M & M
ast Ten Va <fe Ga See So Ry
Elgin Jol & East st g ;,, mil
Elm Cort & No See -<li & N Y
1947
Erie lstextgold 4s
1919
fid ext gold 5s
'os
gold
1923
4
3d ext
1 920
4th ext gold 5s
1928
5th ext gold 4s
1st consol gold 7s
1920
1st consol g fund 7s
1920
Erie 1st con g 4s prior.. 1996
Registered
1st consol gen lieu g 4s.. 1996
Registered
1996
Penn coll tr g Is
95
1
MS
A-O
A-O
8'3 34
sale
94
84% 91
101
J'ly 0?
%
115
J'ne'02
111
114
J'ne'02
112% 115
M-N
114%.
l
BuffN
Y<fe
W
:
Erielst7s..mn
gold 6s
190S
Buff & S
Small
Clue & Erie 1st gold 5s. .1982
Jeff RR lstgu g5s....al909
Long Dock consol g 6s.. 1935
Coal & RR 1st enr <nt 6s. 1922
Dock & Imp 1st car 6s. .1913
N Y & Green L gu g 5s. 1946
Mid RR of N.J lstg6s 1910
W 1st rd 5s
4%s
STYLUS &
Wlgold
Tex
J-D
107
M-S
M-S
140%14134
J-J
J-J
J-J
J-J
1
1
1
...
118
...
1
115
m
:,
i
00
May'02
19% J'ne'02
...
...
111:1 1,.
Ian
'(12
140*4 J'lv'i
L39 J'ly'02
100
99 Aug'01
87
86%
Sale
95% Sale
94 34
J-J
lie,
M-N
A-0
114
J-J
L15
137
110
116%
108%
109'
1
i
2
1
86% 90
95-v 158
-02
133
'.,
ta
i'29
Sale
\pr'02
137*4 J'ne'02
no
116%M
:l
,
122
J'ne'02
May'02
to
5s..
106% J'ne'02
105
116
104 '2 105%
Oct
106»4
'01
104% J'ly '02
104% May'02
104% 104%
99% 101% Apr '02
100%101*4
103 '-106
May'99
87% May'02
87% 87%
106" ibi"
113%.
113%Feb'02
123
124
May'Ol
Nov'98
127*4.
127% J'ne'02
127
124
.
,
113%114 34
Sep
127% 131
'01
104%Apr'02
104% ib'4%
106 34 J'ly'02
106 34l06 34
ib'l" Mar'02
ibi"io4%
107
107
107
105%109
101
1023j Mar'02
J'ly'02
100 10234
61 121% 127
124
l'25'i
10034 100%
151
102
98% 103
75 May'02
75
80
118 117% 117»a
116 119%
97 J'ly'02
97
95
124%.
75
1921
1938
1951
117
97
A-O
72% 72% 72%
72% 79
63% Oct '00
.
ake Erie
& Wist g 5s.. 1937
.121
1941
2d gold 5s
coll
1st
g 5s
guj
lis
121
lis
113%.
114*2
107%.
1
97
940
107
VTer Ry 1st gu g 5s. 194
Registered
19 11
I.ch V Coal Co lstgu g5a
Registered
i.ch & N v 1st guarg Is.. 1945
Registered
9 L5
1st glal pi 6s. 191 4
Gold guar 5s
1911
i.ch & Hud u
See Cent of N J
1
119
1
!
i
i
109
110%
109
-
112
li'9%
.
109%
!
L8%J
107%
.
1
118% 120%
i.e'02
1
109
J'ne'01
97
97
J'ly'02
.
97
97
108
101's Sep '99
12034
122
102*2
104
02 ' J'ne'02
103 May'02
inn Oct '00
105
121%122
Mar'02
10!%
103
1
1932
is
i
1st 5s
102%.
io2'i,riv'0'j
Jan '02
1013,
104%
103
104
102%
J'.'
111
i
191
NYB&MBlstc
N T & R B ls1
107%.
1
111
111
112
IIS
109%J
112
g5e
126%
108%.
c
Qe
119
L930
114
116
Unified gold is
Registered
k.pr'02
119
L16
.
92% 99%
104
101
118
118
'01
L
H
&
Lex gold4%s...
MS
Ed El
111 1st cony g 5s. .1910
1995 J-J
1st consol gold 5s
NY&QE1 L&P 1 St con g 5sl930 r \
&PG&E
%1
2
1
4
%
:
'.,
L00%
102
L17
10 !%
10(1
Fob '02
115
115
100
101%
127%
122%
Feb'02
1
Oil
114%U6
.Ian '9s
124%Apr'02
194 3
Refunding gold 5s
1947
1
is
-
<fc
L&
104
90."
113%
9s
T'nc'112
Jl- '02
128%
"13(1%
122
124%
J'ne'02
103% 104% 103V
J'ne'i
121
May'02
Deo '98
J-J
109
108
102
MS
J-J
M-N
19 19 M-S-
fc
121
106
109
105
2%
IK-
98%
95*4
09
120
...
1.04%
lc8%
104
103
101
106
120% 126
J'lv'02
108%
105
106
109
ll
17
108%
J-D
A-O
J-D
1
113%
97%
107 108% 108
120
120
108 34ll0% 107*4
P lstsf .'..s m.'.o J-J
95%
Due J'ly
Due Aug
Due Feb d'DueApr eDueMay
/1
Sale
Sale
1
con gold 6s
E
1
.1
Dec'00
May'02
g 5s. I 9 19 M-S
6s.. 904 M-N
Peo Gas & C 1st gu g
2d guar gold (is
Utica
1
on Next Pajre.
ChG-L& Cke 1st gn g5s
Con G Coof Ch 1st grig
123 124%
Eq G F Ch St gn Os.
97
M u Fuel Gas 1st gu g 5
99
El
Trenton G
107%110
9534
12% 112%
1
J
112
100 101
105
106
11;.
113 «s
112 113*4 L03
Gab nml Electric i.ii-.bt
Mnt Fuel Gas Co See Pe<n
Newark ConsGas con g5s 1948 J-D
N Y G E L II & P g 5s. ..194S J-D 113%
FA 9 7%
Purchase money ^ is..
<fc
1
8
116
.1
101%
100
115
NO* M 1st gold 6S....1930
NO& M 2d gold 6s 19301
1st
li
101%102
L9 10
1931
Coll trust gold 5s
Coll trust 5-20 a Is. 1903 1918
mo.
Cecilian Branch 7s
E <fe Nash 1st c 6s
1919
Cin
Mar'02
L12%Jan'02
.
1
1'aterson
10734 Dec'00
K C Mo Gas Co 1st g 5s.. .1922 A-O
Kings Co El L<fePg5s...l937 A-O
19'97. A-O
Pitr< hase money 6s
123% 125 124% J'ly '02
Ed El II BUn lstcon g4s 1939 J-J
99 J'ne'02
96%
Lac Gas Lof St L lstg 5s. el 91 Q-F 109%
108% 100
Milwaukee Gas L 1st 4s. .1927 M-N
J'ly '02
9
* No price Friday; latest bid and asked this week, a Due Jan
10 % Feb'02
*106%.
consol gold 4s
General gold 4s
Perry gold 4%s
Norsii I; st con
110%
116% Louisv & Nashv gi
108* 8 H2
112 112
J'ne'02
61% Oct
112%114%
09»4 J'ly'02
109*1 J'ne'02
109*2
st
109
116
1
118
118
116
114%
1
103
122
97
May'02
104
120*4 123
121
J'ly'02
1
v
1
1
102
112%115%
109
115
71% 74
P
Unified gold 4s
1949
Debenture gold 5s
93
Bklvn A Mont ls1 g 68.. 191
Conn Ry & L See Street Ry
Con Gas Co See P G & C Co
Gas& ElecBergCo egos. 1949 J-D
Gr RapG L Co 1st g 5s.. .1915 F-A
115
i.
Gold
1932 J-J
Ed E 111 SeeN Y G & E L II A. P
Eq G LN Y 1st con g 5s.. 1932 WIS *118
Eq G & Fuel Set P G & C Co.
115%Apr'02
113%Mar'O0
104% Mar'02
L02%Apr'98
00
1
136*4 137*4
...
Sale
10534 106
1
J'lv'02
100
110
97
107% 112
123
106 n4
118*2 118*2
118
no
os' 3 109 "i 109
110 ...
112
I
...
109
[
115%
11434 114%J'ne'0:
...
97%
95
\pr'Oj
101*4 100 J'ly'02
101*8 Oct '.*'.>
loo Nov'OO
Leh<& Wilkesb SeeCenl o
I.crny <V- fancy \' a
See Mo P
[x>ng Dock Sec Erie
1st
con gfis.A
Long Island
Gas ami Electric Light
Ch G L & C Co See P G & C Co
Detroit City Gas g 5s
1923 J-J
Det Gas Co con 1st g os... 1918 F-A
Ed EI Ulirkn .See K Co
.
Gold 5s
121
610
% Sale 108%
120
RR See J.
A G R See L S & M S
Kal
an & Mich See Tol & O C
KCFtS&M SeeStL&SF
KC4MB* Blstgng5s.l929
Kan C & Pacific See M K & T
MISCELLANEOUS BONOS—Continued
Columbus Gas lstg 5s
.
E1C&N
133
123 % 125
1
117*4
.
3d gold 4s
Iowa C'cn Hal 1st gold
Refunding g 4s
I.ch
122
6
L39
98*4 102
118%Apr'i)j
109 oct '98
i.v>, May'02
117 May'02
103 Apr '02
102%
io9%iiT%
Registered 5s
115
lll'.'a
95%
Sale
102
1935
195o
Intifc Great Nor 1st g 6s.. 1919
1909
2d gold 5s
118
25
123% J'ly'02
108
111% Mar'02
i"04% 105'
1 95
1951
CCC& si
m
g 5s
W
1
123%
4s.
Ind Decfe
1st
1st guar gold 5s
Ind 111 & la 1st g 4s
Lch Val N V
Registered
J-J
J-J
M-N
A-0
A-O
M-N
106%
102
STov'OO
106 %
North Ohio 1st tru g 5s.. 1945
L Sho & Mich S See N Y Cen1
115
118%
Jan
133
J-l)
Mav'02
.
.
112
1952
See I, & N
See C R I &
<fe
Knoxviiie&ohio See So Ry
115
1 20
'2
86 34 Sale
FA
1
City Sou 1st gold 3s. 1 950
Registered
L950
112% 115
llG'sApi '02
120 May'02
L3»4 ...
8
1951
1951
1st g
Lehigh Val (Pa)
1937 F-A
General gold 5s
.1940 P-A>
Terminal 1st gold 5s... 1943 M-N
Regis §5,000 each. ..1943 M-N
Wilk<fc Ea lstgu g5s. 1942 J-D
Erie & Pitts See Penn Co
Evans & T H 1st cons 6s. 1921 J-J
1942 A-0
1st general gold 5s
Mt Vernon 1st gold 6s. .1923 A-O
Sull Co Branch 1st g 53.1930 A-0
Ev& Ind lstcon gu g 6S..1926 J-J
Fargo & So See Cli M & St P
lint & Pere M See Pore Mar
1 OS
gold 4s.... 1953
Kan
I
115
119
116%
87% 92%
1951
St L Sou 1st gu i;4s...
ind Bl<6 Wes1 Set
1 '
M-N
M-S
M-S
A-O
103
.
*
96
1951
1952
Gold3%s
T
2
106%
1
92% 95%
84% 8734 Kentucky Cent
92%
Keok
Des Mo
94%
86%
8684
94
114
1 1
1061-2
106
<fe
102
112%U5
J-J
J-J
1
. .
104%
110*4 112
109 113*4
Low High
Jefferson
90% 91
*
109
147%151%
tl0% May'02
109% Sale 109% 109%
111
Dul&
<fe
Memph Div
1113*111%
109
104
Det Sou lstg 4s
Ohic Sou Div 1st g 4s ... 1
NO
144
115 34 11534
1
110
1951
1951
1951
Registered
122 J*ne'99
109 J'ne'02
lll^s Feb 02
M-N
1st lien g 4s. 1995
1
1
<fe
Det
103
Registered
1953
Cairo Bridge gold 4s
1950
Louisville Div gold 3%s. 1953
Registered
1953
Midland Divreg 5s
1921
St Louis Div gold 3s
1951
Registered
1951
Gold3%s
1951
Registered
1951
Spring Div 1st g 3%s... 1951
Western Lines 1st g 4s.. 951
Registered
1951
Bellev&Car 1st 6s
1923
Carb & Shaw 1st g 4s. 1932
ChicSt Lcfe N O g 5s... 1951
Registered
1951
141
i\o
87 34 J'ly'02
88
113*4.
Registered
1st. gold 3%s
Registered
1 st gold 3s sterling
Registered
Coll Trust gold 4s
Registered
138
January 1
NY
Registered
143
149
113%
Illinois Central 1st g 4s.. 195
133% 137
116% 118*4
102 105%
114*4 117%
J'ne'02
J'ne'02
7
Mar'98
105
Oct '98
135% J'ne'02
1.05
II334 113
& H V 1st ext g 4s. .19 1Houst E & W Tex See So Pac
Houst & Tex Cen See So Pac Co
L
since
s.
106% Feb'02
W
117%120* 8
J'ne'02
J'ne'02
102
114*4 May'02
114'
MS
DesMoi&FtD SeeCR&IP
Minn See Ch & N W
Des M
Des Moi Un Ry 1st g 5s. .1917
DetMcfeTol SeeLS&MSo
113
&
V
W
<fe
105%
115% Hock Val 1st consol g 4 %s. mo:'
134% 134%
Registered
1990
May'02
138
i
t
& St Jo .See C B & Q
Han
ousatonic See N Y N H &
106
High
Sep 00
Range
HS-b
S-J
1033.!
Col
WW
Dak
alias
A
100
104^4
(
W
or
Last sain
Ask Low
Hi, i
FlaCen&Pen
Lll%Dec'01
J-J
M-N
109
105
114% May'02
.
Range
July 25
Jli<ih
M
Week's
Price
Fridai/
«.2
N. Y.
January
LXXV.
[Vol.
STOCK EXCHANGE
Week Ending July 25
Since
L
st
.See
St
Last Sale
Ask Low
Bid
Chic <fe West I nd gen g Os q\ 932
Chic <fe West Mich Rv 5s. .1921
Clioc Ok & G ecu g 5s ...ol919
Cin H <fc I) cousol s f 7s. ..1905
2dgoId 4%s
L937
Cin D & I 1st gn g 5s. ..1941
5
2
BONOS
Range
Weelc's
or
Range
Friday
July 25
N. T.
C
Eecord— Continued— Page
Boild
4
1
1
i
105
l"l
%
109%
102% 105
108%
li'T'i
Apr '02
lo-
105
106
1
Due Oct gDueDeo
,v
option sale
July
Bond Record— Continued— Page
26, 1902.]
BONDS
N. T.
Price
STOCK EXCHANGE
Friil a
July
< ENUIN'Q JVI.Y 25
Pensacola Div sold 6s. ..1920
1921
L l>iv 1st gold 0s
•2.1 eold 3s
1980
Heu.lcr Edge lstslu 6s. 1931
Keutiu-kv Cent gold 4s. .198'
LA N A M A M 1 81 g 4 *aa 1945
X Fla ift s 1st gn g 58... 193
Pens A All 1st gu g 6a.. 1921
S A N Ala con ru g 5s. .1930
1910
Sink tuml gold 6a
St
LA-
BdgoCogug48.-1945
See G I A L
Jefl
Ask
L N A A Ch
Coal See 1. S A M S
Mahon
anliattau Hv consul 4s. 1990
M-S
VI-
M-S
MS
V
125
70
or
1
l
J'lu'o-j
5
.
M-S
F-A
111 34
115%
114^4 Feb'02
F-A
A-O
MS
116 117% 117
114 4 ....
115
110%....
100
99 ....
A-O
104
FA
1990 A-O
Registered
Metropol El 1st g6s....l908 J-J
1984 J-D
Man S \V Coloniz g 5a
V Cent
McK'ptA B V
Metropolitan El See Man Ry
Mex Cent oonaol gold 4a.. 1911 J-J
1st oonaol income a 3s.al939 Jly
2d oonaol income g 3a..al939 Jly
191 A-O
Equip it coll gold 5s
1919 A-O
2d series sold os
Coll tr g 4 %s 1st Ser. ...190 F-A
Mexlnteruat 1st con g 48.197 M-S
Hei North 1st gold 6s. ...1910 J-D
100
Sale
104*4
75
77*2
99
101%
110*4 110*2
112 114%
117
Deo'01
;,
1
II hi h
L16%
125% 127%
L25%May'02
113 Nov'99
99
LOO
110*" Mar'02
J-J
January
Hi il No Low
L6*a Mar*02
115
112
117
104%
104%
104*4 107*2
105 4 May'01
222222i"ii% 113 7 6 J'1H''<>'_
113
114*2
OIL,
93
97
22*4
16
33 % 197
003,
85
9838
98%
32*2
(52
32%
10
90%J'ly01
81% 85
30% 36*i
20*2
25*2
96
98*2
LS&
\V
See Chic
See Chic A
A X \\
N \V
Mil&Xorth S«CliJUStP
Minn
St L 1st gold
Iowa Ex 1st gold 7s
<fc
J-D
7a.. 192
1909 J-D
Ex
A-U
J-D
South
1934 M-N
1st consul gold 5s
1st and refund gold 4s.. 1940 M-S
Minn A St L gu See B (J R A X
Plst5sstpd4sintgu 1030
1st sold 6a. ..1921
West Ex 1st g 7s. 1910
Pacific
MA
MSSM A Alstg4intgu 1926
M St P & S S M con g 4 iut gu '38
Minn In see St P M AM
Mo Kan A Tex 1st g 4a... 1990
2d gold 4s
</199u
145
118 119
128 %
121 123
123
106 Sale
97
J -I)
F-A
1944 M-N
1st ext gold 5s
200
St LDiv 1st ref g 48
Dal
1st gug 5s. ..1940
Kan C Pac 1st g 48.. .1990
K T of T 1st gug 5s. 1942
So 1st gu g 5s. 1943
Slier Sh
Tebo Xeosho 1st 7s... 1903
194
Mo K E 1st gu g 5s
1906
Missouri Pacific 3d 7s
1920
let oonsol gold 6s
J-J
1945 J-J
MobJackAKC 1st g 58.1946 J-D
Mob A Ohio new gold 6s. .1927 J-D
1st extension gold 0s..M927 Q-J
1938 M-S
General guld 4s
Montgom Div 1st g 5s.. 1047 F-A
coll
St L A Cairo
g 4s..el930 Q-F
Guaranteed g 4s
1931 J-J
coll Is See Southern
Mortgage gold 4s
MAO
Mohawk A Mai
See
Jan
126 *s 127%
121 121
120*4 124*2
103*2 106
123
106
Xov'01
Apr'01
99% 100*4 36 98 101*2
87*» 279
85*2
^1 *a 87*4
107%J'ne'0'.
103 108
871 43 85*2 88*4
87
102%....
102 l4May*0'_
102 106*4
90*2 92
90 %
90% J'ne'02
10734 J 'ly '02
104*2 107 34
108%....
105ia 105*2 Jan '02
101*2105*2
113%
L IrMASgeucon g 5s 1931 A-O 116 117
116
Gen con stampgtdgSs 1931 A-O
Verdi
'02
147*2147*2
118 121
J'ne'02
107%
2d extended gold 5s. ..1938 J-J
Mob ABirm prior lien g 5s 1945
'02
J'ne'O^
100 Sale
86 78 Sale
St
A ref gold 4s.. 1929 J-J
V I A W 1st g 5s. 1926 M-S
147% Jan
118
127
121
123
106
103
98
A-O
M-N
& Wa
M-S
A
J-D
M A
F-A
A
J-D
A
A-O 111 1*....
A
M-N 112% 114*4
M-N 124% 126%
Trust gold 5s stamped. al917 M-S 10S% 109
01917 M-S
Registered
1920 F-A 108 109
1st coll gold 5s
92%....
Cent Br Rv 1st gu g 4s. 19 19 FA
Leroy A C V A L 1 at g 5s 1926 J-J 102 %....
Pac R of Mo 1st ex g 4a. 193b F-A 1»7 108%
Unified
92 34 Sale
103%
02%
129*2
125
99
127
111
11 1*4 J'ne'02
112*2 JTy '02
113*2
110*2 114%
122
126
l24%J'ly'0
109
109
108*4
95
100
106
116
106 34
109
J'ly'02
55 106 109
91*8 95
May'01
J'ne'02
J'ne'02
116*2 J'ly '02
115*2 Dec '01
92 34
104*4 107*4
114 116*2
115*4120
110* 4 J'ly'()0
13 Apr '02
102 J'ly'OL
129 J'ne'02
127 Feb'02
99*2J'ly'02
92*4
98
114
100
118*2
95*4Nov'01
100*2 101*2
101*2 J'ne'02
LAW
J-J
5s
1928 A-O
Jasper Branch 1st g 6s. .1923 J-J
Al 1st 6s. .1917 J-J
Branch 1st 0s
1917 J-J
Nash Elor & Slief See
Nat of ilex prior lien 4 %s. 1 926 A-O
1st consol 48
..1951 A-O
McM M W A
NewHAD SeeNYNHAU
New A
125 1a.
115
119
Cin Bdge
126*4 129
128*8 J'ne'02
114*4 J'ne'02
.
.
113
Dec '99
111
Dec'99
114
116
114%.
LAN
See
78%
78
101*4
78*2
101*4 104
78*a 81*2
101*4
78*2
X Y Cent
-
1st 7s. ..1903 J-J
1903 J-J
1997 J-J
1997 J-J
Gold ino.rtgage 3 %s
Registered
Debenture 5s of. ..1884-1001
Registered
1884-1904
Registdeb 5s of.. .1889-1904
Debenture g 4s
1890-1905
Registered
1890-1905
Debt certs ext g 4s
1905
Registered
1905
Lake Shore collg 3%s...l998
Registered
1998
Mich Cent coll g3%s
1998
Registered
199s
Beech Creek 1st gug 4s. 1936
Registered
1936
2d gu gold 5s
1936
BeechCr Ext lstg3%s 61951
Cart A Ad lstgu g4s..,1981
Clearf Bit Coal 1st sf 4s. 1940
Gouv A Oswe 1st gu g 5s 1942
Moh A Mai 1st gu g 48. .1991
Income 5s
1992
101
101*2
104% J'ne'02
106 34 J'ly'02
108*a Apr'02
103*2 J'ly'02
102*2 Apr'O
.
106*2.
M-S 103V
MS 103
M-S
J-D
J-D
103 *8l04%
„
106 3'4
.
.
'J
.
109*-2
Sep
J'ne'02
J'ne'02
J-J
106*4
110
Dec'01
.
.
127%127%
128
127
132%
130
100*2 Nov'00
J-,1
M-S
J-D
M -N
115% May'00
M-N
J-J
.
,
106
123 3 121*2Mnv'n123 122*-. J'ly'02
113 34 Jaii 'i>2
.
101
132%.
110*2 Nov'Ol
106*2
106
107 Dec'01
100
225
220
Dec'01
Jan
104
104*4
207
220
135%135%
'00
106*4
104%
17 103
106%
105%
101*2Nov'98
133
132%.
116%Mar'02
116%116%
133
136
133
132
J'ly'02
J'ly'02
135%
136
2 134% 135%
134% 135
Sale 101%
101 34 143 101%104%
Jan
100%
'02
100% 100%
135
ioiS,
'94% Sale
106%
94
95 382
107%J'ly'01
104i4Sale
75
Sale
98% 101
Q-M
95
104% 104 3s 164 104 106%
104% J'ly'02 "96 103% 105%
75 4
75
75%
73
75
72 Apr '02
72
102%
102%May'02
100
129*8May'02
129%129%
132
122
121
122
110*4
112%
100
100
J'ly'99
Apr '02
111% J'ne'02
A-O 111*2
92
101%104%
102*2 J'ly'02
J-D
J-D
F-A
Q-F
F-A
J-J
204% 225
220
135*2 Jan '02
114
.
105*4 108
J'ne'02
106*4 Mar'02
J-D
121*4 121%
122% 127%
113% 114%
.
100
94*2
Jan
Feb
'02
'02
116%118
116
112
110
112*2J'ne'01
108% J'ly'02
St
P
Pac
ac of Missouri
F-A
F-A
F-A
F-A
J-J
J-J
J-J
96
Sale
94
95%
93
96
93
95% J'ly'02
93 4 Feb'02
111% Sep
106
106
4 109*2
108" 2 109
94% 94%
J'ly'O
115
119%
108
110
5
Registered
1932 A O
CIA P gen gug 4*28 ser A. '42 J-J
Series B
1942 A-O
101*4 101%
100*4 100*4
Erie
94 34 98
93
96-4
93 34
93
97%
96
'01
J'ne'98
ills'
95
Apr '02
93
95
J-D
M-S
106
107*2J'ly'00
110*4 Dec'01
Sep
100
Mar'02
100% Apr '02
100% Oct '00
109
11434
,
Oct '99
114% Apr'02
A
Series
Series
Series
Series
Pitts Ft
2d 7s
3d 7s
R
C
D
E
113*4 Oct '01
111
105
111
112
106
113
111%
105%
111
111%
105%
J'ne'02
102% 102%
101% 102
111% 113%
110% 11234
IIII2 111*4 J'ly'02
....
110% J'ly'02
102
Nov'98
97% 99
98*4 J'ly'02
123 J'ly'02
*120i4
122%123
'00
.
121
Oct
100%
.
102
Nov'00
XACBdgegengug4*2Sl94f> J-J
PCCAStLgu4i2sA...1940 A-O
guar
guar
4s guar
3*2 guar g
1942
1942
1945
1949
97% J'ne'02
F-A
W A C 1st 7s. ..1912 J-J
J-J
129*2.
129*2.
A-O
.
130
.
110*2 Mar'02
Sale
105%
108
106
10534
106
1912
128
1st real est g 4s. 1923 M-N *108
Consol sterling g 6s
1905 J-J
Warrants conv 3*28 50% paid
108
Con currency 6s reg...^l905 q"-m
Consol gold 5s
1919 M-S
/il912
RR
114% 116%
114% 115%
115*8 J'ne'02
,115*2 115% J'ly'02
A-O
M-N 113
116%Feb'01
106%Nov'01
M-N 106
132
97
130
130
J'ne'02
131%May'02
Apr'01
MU
103*8
108**
11 103
106*4
111%
105
GrRivCoal A C lstg 6s.. 1919 A-O
115
A Clear C A 1 1st g 5s. 1926
2d gold 58
1926
KanAHC A C 1st sf g5s.l951
105% 109% Tenn Coal TDivlstg6s.al917
110*4113*4
Birm Div lstconsol 6s. .1917
Cah C M Co 1st gu g 6s. 1922
De Bar C A I Co gu g 68.1910
WhLE A PC Co lstg 5s. 1919
J'ne'O
107 May'97
80 May'97
106*4Feb'02
105 Oct '00
J-D 101
J-D
J-J 102
Pleas Val Coal 1st g a f 5s. 1928 J-J
110%113% RochAPitCA Ipurm 5s. 1946 M-N
A-O
110
J-J
110%.
.
J-D
F-A 104
11*6" J'ne'02
113 J'ne'02
105 Feb '00
103% J'ly'02
32
J-J
66
63
102
102
Due Nov « Option Bale.
62%.
101
j>
.
108
115
106
106*4
108
109
111%
113
101%104
Jan '00
&
Manufacturing
Industrial
See X Y C A H
Col C A I Dev Co gu g 5s. 1909 J-J
Amer Bicycle s f deben 5s 1919 M-S
55 Nov'00
Col Fuel Co gen gold 6s... 1919 M-N *110%.
Cot Oil ext 4%s
112 115
115 Apr'02
1915 Q-F
» No price Friday; latest bid and asked this week,
a Due Jan b Due Feb « Due May ^DueJ'ne ADueJ'iy
Am
131%
110%110%
104% Sale 103%' 104% 625 101
Jeff
Clearf Bit Coal
97%
132
on Next Page
Coal and Iron
99% 100% Col F A I Co gen s f g 5s. .1943 F-A
Convertible deb g 5s
100%100%
1911 FA
De Bardel C A I See T C A I
114%114%
110
110
109% 114%
1948 M-N
Series D 3*28
1950 F-A
Pitts gug 3 *2S B.1940 J-J
Series C
1940 J-J
Penn
92
1921 J-J
1921 J-J
111%
102*2May'02
102 Apr'02
111%
111
A-O 102*2105
M-N
99%....
102 J4 104
102 *8 103%
A-O
J-D *103
J-J
1946 J-D
See'Mo Pac
Guar 3*28 coll trust reg.1937 M-S
Guar 3 *2S coll tr ser B ... 1 9 4
C St L A P 1st con g 58.1932 A-O
100% 101%
113
114
112
NYC
XW
A Rome
SCiiesC 3*28
101
Apr'O'.
100*4 Jan '02
100*2 J'ne'02
9934
M-N 1 00 34 101
M-N 100 101*2 100*8 Nov'Ol
J.J
Cable Co 1st g 4s.. 2397 Q-J
Registered
2397
Erie T A T cot tr g s £ 5s.. 1926 ?:j
Met
1st s f g5s
1918 M-N
u t U n Tel Co See Westn V n
Y A X J Tel gen g 5s.. 1920 M-N
No Westn Teleg See West Un
West Union col tr cur 5s. 1938 J-J
Fd and real est g 4%s...l950 M-N
Mut Un Tel a fund 6S...1911 M-N
Northwestern Tel 7s
1904 J-J
AR
114
118%Dec'01
127
See
See C A
Coast Co 1st g 5s
OCFA
'97
%
100%
Comm
Coal and Iron
Cah Coal Min See T C I
114
,
128
1st g 5s. 1936 J-D
General gold 5s
1937 A-O
Ore A Cal See So Pac Co
Ore RR A Xav See Un Pac
Ore Short Line See Un Pac
Registered
101%,104%
101*2
Am Telep A Tel coll tr 4s 1929
M
N
107 34
50 107**109%
16% Apr '01
Q-M
1997 0.-J
a2047
a2047 Q-F
Penn Co gu lstg4*2S
101*2.
and Telephone
TAT
12334
W
OInd
hio River RR
MISCELLANEOUS BONDS—Continued
Telejrrai>h
115%
107%
.
102*2.
1st s fund g4*2S.. 1917
Sink fund subsidy g 6s. .1910
See
Registered
I
.
105%.
X
Panama
I
R
38
28
J-J
St Paul-Du] Div g 4*. ...1996
Registered
I99t
St P A
P gen g 6s. ...1923
Registered certific's..l923
St Paul A Dal 1st 5s
1931
2d 5s
1917
1st consol gold 4s
1968
Wash Cent lstg 4s
1948
Nor Pac Ter Co 1st g 6s. .1933
Xor Ry Cal See So Pac
Xor Wis See St P
AO
Xor A Mont See X Y Cent
A
See C C C A St L
112
Feb'02
126%.
125%.
N Y A North See N Y C A H
N YO A Wref Istg4s..tfl992 M-S
Regis $5,000 only
01992 M-S
N Y A Put See N Y C A H
N Y A R B See Long Island
N Y S A W See Erie
N Y Tex A M See So Pac Co
Nor A South lstg 5s
1941 M-N
Norf A West gen g6s
1931 M-N
Improvem't A ext g 6s.. 1934 F-A
New River lstg 6s
1932 A-O
N A W Ry 1st con g 4s. 1996 A-O
Registered
1996 A-O
PocahC A C joint 4s.. 1941 J-D
CC AT 1st gug 5s
1922 J-J
Scio V A X E 1st gu g 4s 1989 M-N
Xorth Illinois See Chi A X W
Xorth Ohio See L Erie A W
Oswego
101*4 Sale
Penn Co
NO AX E prior lien g0spl915 A-O
YBkln
A.
Man
Boh
See L
N
N Y Cent A H
114
i
1905 J-J
190,
CBAQcolltr4s SeeGtNor
128*2
112
100
225
1st 7s
]
116
J-D
A-O
Convert deb certs $1, 000.
Small certs $100
Housatonic R con g 5s.. 1937 M-N
X H A Derby con g 5s. .1918 M-N
93*2
102
132
....
M-S
NYAXE SeeXYXHAH
Registered
General lien gold 3s
Registered
93
97
129
127
107
XYXHAHarlstreg4s.l903
XE
104%May'02
07*
107%
110% Mar'Ol
104*4...,
106*2.
YA
11'
L27*2 Peb'Oi
MS
January 1
No Low High
113*2ll4*« 113 34
114%
113*4 113*4
104*2 J'ne'02
104%....
X Y Chic A St L lstg 4s. 1937 A-O
193 A-O
Registered
X Y A Green w Lake See Erie
X Y A Har See X Y C A Hud
N Y Lack A W See D L A W
N Y L E A W See Erie
NYALongBr See Cent of N J
1st 6s
Dei
so co
i) 1
105*2 Nov'Ol
102
1
X Y A North lstg 5s... 1927 A-O
R A O con lstext 5s./il922 A-O
Oswe A R2dgu g 5s...el915 F-A
R A OT R 1st gu g 5s. 1918 M-N
X
Hi
M
1st
RR
LAS
108
1
1
95
Xl'C&H
Chat A St List 7a. 1913
Nash consol
gold
N J June
J-J
Nor Pac— Prior lien g 4s. .1997 Q-J
34
93
11 6% J'ly'02
117*4
93*8
99*2
nr.i'i
Monongahela Riv See B A O
Mont Cent See St P M A M
Morgan's La A T See S P Co
Morris A Essex See Del
TAP
KaAAGRlatgn 58.1938
Mahon C'l RK 1st 5s. .1934
Pitts McK A YlatguOs. 1932
193
McKeesA BVlstg6a 1918
Mich Cent 1st consol 6s. 1999
1931
5s
931
Registered
1940
4s
19 10
Registered
1951
lstg 3*2S
J
Bat C A Stur lstgu g 3s. 1 989
X Y A Harlem g 3%s...200O
2000
Registered
Last Sale
Ask Low
J-J U13%....
J-D
J-D
J-D
J-D
DetMon ATol Ist7s.l906 F-A
W
W
Utica A Blk Rivgug4s.l92'.
May'00
105
A-O
A-O
llange
since
Range
F-A
F-A
J-.i
1
82% Sale
32% Sale
Friday
July 25
Hid
1st 4a gu... 2363
2361
Registered
Lake Shore consol 2d 7s. 1903
1903
Registered
1997
Gold 3*2S
1997
Registered
2d guar 6s
'
Mich Cent See N Y Cent
Mid of N J See Erie
A Mad
West Shore
Mar'Ol
SwN
Mil
Mil
N Y Cent A H R—{Continued
X J June R gu 1st 4s... 19xi.
lose,
Registered
X Y A Pu 1st con gug 4s 1993
Xor A Mont lstgu g 5s. 1916
Week
J'rici'
STOCK EXCHANGE
l ft
Week Endow July 25
N. Y.
Since
c
2=5-c
Last
2.T
Hia
Loulsv A Nashv—( Continued
BONUS
Ra nye
Hi.
Range
ii
175
3
50
73
99% 102
Bond Record— Concluded— Page 4
176
BONDS
RR (Continued)
1943
Consol gold 4s
Alleg Val gen g-u g 4s. ..1942
CI & Mar 1st gu g4*2S..1935
D B B E & Bge 1st. gu 4s g.'36
GrR& Iexlstgug4*2Sl941
Sun
&
Lewis
1st g 4s.. .1936
1944
BNJ BB & Can geu 4s.Nash
& Atl
See
L&
& East See CCC&StL
& Pek Un 1st g 6s.. ..1921
M.921
2dgold4*2S
Pere Marq— F & P M g 6s. 1920
Peo
Peo
1939
1st consol gold 5s
Pt Huron Div 1st g 58.1939
Sag Tus & H 1st gu g 4s. 1931
Pine Creek reg guar 6s... 1932
Pitts Cin & St L See Penn Co
Pitts
Pitts
Pitts
Pitts
Pitts
Pitts
1st
Pitts
J
P
Pitts
Clev
Ft
& Tol 1st
6s.. 1922
g
A-O
See Penn Co
W & Cli
gold
1922
June
6s
1st
& L Erie 2d g 5s...al928
Mcliees & Y See N Y Cen
Sh <fc L E 1st g 5s. ..1940
1943
consol gold 5s
1917
& West 1st g 4s
M & Co certfs
Y & Ash 1st con 58.1927
Keading Co gen g 4s
1997
Registered
1997
Jersey Cent coll g 4s.. .1951
Kensselaer <fc Sar See D & H
Bich & Dan See South By
Bich & Meek See Southern
Bio Gr West 1st g 4s
1939
Consol and col trust 4s .1949
Utah Cent 1st gu g 4s.al917
Bio Gr June 1st gug5s...l939
Bio gr So 1st gold 4s
1940
Guaranteed
1940
Boch &
toBBiP
Pitts
Borne Wat & Og See N Y Cent
Rutland 1st con g 4*28
1941
But-Canad 1st gu g 4*28.1949
Tus &
See Pere Marq
Sag
1st g s 1 6s. .1913
alt Lake
St Jo & Gr Isl 1st g 3-4s..l947
St Law& Adiron lstg 5s. 1996
2d gold 6s
1996
St L <fc Cairo See Mob & Ohio
St L & Iron Mount See
P
H
M
StLKC&N See Wabash
St L M Br See T BB A of St L
St L & S Fran 2d g 6s CI
B 1906
2d gold 6s Class C
1906
General gold 6s
1931
General gold 5 s
1931
St L <fc S F RR gold 4s.. 1996
Southw Div 1st g 5s. .194^
Refunding g 4s
1951
K C FtS& cong6s..l928
105
*101
January
1
11 1*2
Mar'02
H& T C lstg 5s itttgu.. 1931
i 1*7
May' 00
130
97*2
97*4 "97 *i 97*4
125*8 J'ne'02
125*2....
90 34
90*a 90»4 90%
99% Sale
99»4
87
87»4
87*«
100
88
81 % J'ne'02
89*«
88
88
121*2.
110 112 *2
110*21 14 *a
93%
95*2
!'_• .".'',
1271-2
133*2
I:::
123
123*2
,
W
1
.
96*2 98*8
125*8 125*8
90*4 94 34
|*ebo&N BeeM.K&T
1 er A of St L 1st g 4 *28..1939
r
136*2140
20
157
.
>
80*8 8134
88
18
90
Mar
L931 J.J
2d gold inc 5s
LaDivBLlstg
os
140
115*4.
1153s J'ne'02
105 *a.
lor,-'.,
106
W
J'ly '02
nPacRRA
Moy'O]
.124
140*4 141*4
Apr'97
L24 12 J'ne'02
126*2 Feb '02
M
111
Ore By & Nav con g 4s. 19
Ore Short Line 1st g 6s.
112
97
85%
86
104
.
114*2 Mar'02
114*2114*2
116%J'ne'02
116*3 May'02
116*2116%
11234 115*2
104 Feb '01
119*2 Sale 119*8 119-2
99*2 99*2 J'ly '02
111 J'ne'Ol
112*2 J'ly '02
i 1*2*2 "I!
110*2....
112% Nov'01
106 108*2 109 May'02
95
'<<;' f. J'ly 't>2
91*4
92
92 Sail*
s 8*2 Sale
88*5
88*a
83
83*2 S3
97*2
98*3 J'ly '02
112 *a
lll'-jJ'lv'O
10l 3
104*2
u;
Sale
1
122
102 34
112*2114*2
107
94*3
91
88*2
81 34
110%
98 34
93*3
92*4
87
99*3
97
110*2113
104% 100 104*4 106*3
104*2 106*3
104% J'ly '02
110*2 liioi 105*4 110^4
4 sale
110
119
96
'
106 Apr'0
103*4J'ly'OJ
127 J
106
102
126
106
104 34
129*3
L16*s
TO 116*2 119*2
114*3 Apr '02
114**3 il4**S
116*2
117*2.1
I
R
Utica<fe Black
86*4 Sale
103*2 104
113
Utah Central See Bio Gr Wes
Utah & North See Un
Aug'01
N Y
See
Cent
Mo P
VerVallnd&W
irginia Mid See South Ry
1939
Wabash 1st gold 5s
113»4Dec'01
128 Dec'01
129*2...
114*4...
123 Dec'99
95*4 Nov'01
97 ...
112*8...... 110 May'02
93*8...
87 Aug'01
96 ...
96 J'ly'02
Brunsct \V lstgu g4s..l938
SU Si) Oca & G gu g 48.. 1918
Scioto Val <fc N E See Nor & \Y
Seaboard Air Line g 4s . ..1950
1911
Coll tr refund g 5s
1926
Beab & Boa 1st 6s
Cent
1st
con
Car
g 4s. ..1949
Sher Shr <fc So See M K <fc T
8il Sp Oca & g Sea Sav F &
Sod Bay & So 1st g 5s
1924 J-J
Bo Car & Ga See Southern
So Pac Co— Coll tr g 1 '2s. .1905
Gold 4s (Cent Pac coll).fcl949
A-O
J-D
J-D
,
117*4,
(>::
J-D
F-A 128 12934
110 117
1st consol g 5s
19 H J-J
1908 J-J *U0*2....
124*8 126
Utah & Nor 1st 7s
1926 J-J *110*2....
Gold 5s
124% 125%
Uni N J BB & C Co See Pa BR
141*4 Apr'02
115
J-J
J-J
191] M-N
191 M-N
Registered
loo
J-D
A-O
110
1947 J-J
let lion convert 4s
Apr'02
A-O
Igrg4s..l947 J-J
Registered
1063sl07*2
1063s J'no'02
>>•*••
'.';;.".
M
May'02
112% 113
116*8 Apr'01
107
J-J
1
114*2117
General gold 5s
19
1st gu g 4s.. ..1990
1373el41*2
Kan &
139 140
1st gold 4s.... 1917
Tol P <fe
112 115*2 TolStL&Wprlieng3*2S.1925
1950
50-year gold 4s
1153s 118*8 Tor Ham & Burt 1st g 4s. /d 940
106 109
Ulster&Del 1st con g 5s 1928
115*2 J'ne'02
141 Apr'02
13534
1127e
A-O
1894 -1944 F-A
St L M Bge Ter gu g 5s. 1930 A-O
Tex & N O See So Pac Co
90*8 100*2 Tex <fe Pac E Div 1st g 6s .1905 M-S
2
88
77
J-D
1st gold 5s
1st con gold 5s
Tol<feOClstg5s
Western Div 1st g 5s...
118»a
W
See
fid
110
89*2 95
84
4
87*4
102=8 105
104
104 34Feb'98
90*4Mar'O2
96*4
gold 5s
A
Debenture series
SeriesB
110
*a
96*4
W
M-N 119
F-A 113
1939 J-J
J-J
1st lien equip s f d g 5s.. J 921 M-S
Det <&Ch Ext 1st g5s.. 1941 J-J
Dee Moin Div 1st g 4s. .1939 J-J
100
77
105
98
109
Warren See Del Lac & West
See:Nor Pac
70*4
10534
L09
97
Sale
107
93
g 68.1908 A-O
119% 13 118*«121
118
i
LOO
109
1941 A-O
OmDiv lstg3*os
Tol&ChDiv lstg 4s... 19 11 M-S
st Olias Bridg.- 1st
119*2 119
Sale 112 3
88%
98
110
121 110*2 114 34
103
J'ly'02
100
Apr'02
66*2 7834
105 105 34
109 111*4
1
95
May'02
86*4
>s''-
Mar'02
May'02
98
109
97
89
98
111*8
Wash Cent
101
100
fcl949
95
111
10278103*8 103
Cent Pac
1st ret gu g 4s 1949
Begistered
1949
Mort guar gold 3 *28. .£1929
Begistered
fcl929
GalHar<& S A lstg 6s.. 1910
2d gold 7s
1905
Mex & Pac st g 5s. ...1931
si
N
1
gu
Gila V G &
g 5s. 1 924
Hous E &
T 1st g 5S.1933
WashO&W Sei southern
West N V& Pa lstg 5s..
Dec'01
99*2 J'ly'02
9334
93*4
99*2 100
93*2 Sale
A & N W 1st gu g 5s.. ..1941
99
92
14!
"
88%
113
"89* "2
104*2.
I09*a.
1
108
107
89
.
.
96
J'ne'Ol
103
101*4 104
87"
89
"89*4
10934 113
108 108
109*2 110*4
108 112
105 106
113 J'ne'02
108 Mar'02
110*4 Apr'02
108 May'02
106 Feb '02
.
lOl'e
94% 96
Apr'02
99*8 J'ne'00
W
MISCELLANEOUS
J-J
gold 3-4s
L943 A-O
Income 5s
(J1943 Nov
West No Car See South Ky
West Shore See N Y Cent
VaCentcfc P 1st g f,s.. 1911 J-J
Wheel'g<fc L E 1st g5s...l926 A-O
Wheel Div 1st gold 5s. .19281 J-J
Bxten ^ Imp gold 6s. ..1930 F-A
1949 M-S
1st consol 4s
\Y kes <fc East See Erie
&
\S'il & Sioux F See St P
N
\Vjiiona«fe St P See C
Wis Cent 50-yr 1st gen 48.1949 J-J
Gen
W
i
1
121*3
98*4 101*4
119
119*.|
119*4
119 120
100*2 101*2 101*4 101*4
40 Mai'Ol
35
112*3114*3
113 115*3
112*3112*3
114*2 Jan '02
113 Apr'02
112 1-2 J an '02
111
114
113
112
94*8 Sale
Deo '01
113
94*8
9434
16
91*"
92
99
42
89
105*4
105*2
12
M M
W
&
92*2 Sale
"97U
95
BONUS—Concluded.
& Industrial
Miscellaneous
g 03..1919
Am Spirits Mfg 1st g6s.,1915
Am Thread 1st col tr 4s. ..191
Bar & H Car Co 1st g 6S...1942
Consol Tobacco 50-yr g Is. 1951
99
90
1
Sale
Sale
67 34 Sale
Begistered 4s
Distill 01.A m it coll tr
98
99
90
"''.
95*3
99%Api Hi
99 Jan '99
* 10234
00
]
109%
109%J'Jy'0'.'
93
85
'
68*3 70
14*2 15
113*2 114
Aug'00
106
94 Apr'02
70
68*a
14
14%
Income gold 5s
1946
LeathOosfdebg6s..l913 M-N
113% J'ly '02
F No price FrWay; latest bid and asked, a Due Jan b Due Feb
82
83
Ol.'l
69%
65*3
65*2
Adams Ex
col tr
g
Is
1948 M-S
AmDk&Imp5s See Cent N J
Am SS Co of WVagSs...
105*3 106
B'kl'n FerryCo Istconsg
Chic Jo<fc Si Yard CO
ldgr incomes..
int M<fc
F-A
J-J
M
<fi
1
A-O
81
,
05'" Sale
82*3 J'ly'02
111
Mar'01
66
64
7:;
"3l)"""*68""
goli
1
98
106
......
38
Feb'02
60
97
102
l-VI.
60
90*3 100
97
97
101
1
e
ioos4iqi*3
79*4 86*2
loo 3* J*no'02
M.N
M-N
Hoboken
86
96
Mad Sq Garden lstg 5s.. 1919 M-N
M-N
.Man Hch 11 & Lgen g4s.
Xcwp No Ship & 1) D5si
100 100
is..
K-A
95
Dock
50-yr
1st
NY
g
107*3112
J-J
St Joseph Stk Yds 1 st 4 *as
St L Ter Cupples Stat'n a
J-D
Co lstg 4*28 6-20 year.
1()5'4 110*2
S Yuba Wat Co con g Us.. 923 J-J
95
89
Sp Val Wat Works Isl 6a L906 M-S
55
74
« 34 19
US Bed <fc Ref 1st e f g 6s. 1931
112
103% 107*3
.
1
105%
1
94*3 100
80
91*2
1.
May'02
102 34
98
11
90
18
82 J'ne'02
'00
Jan
105
989
67 34
65*2 Mar'02 ....
95*2 Sale
1st gold 5s
¥s
J-J
130*4
100
128
Rop*& T 1st g 6s.. .1940
95*2
.
1937
Begistered.
1937
1937
1st guar gold 5s
"W111& S F 1st gold 5s.. 1938
8t P & N or Pac See N
StP & S'x City See C St P <fcO
S Fe Pres & I'll 1st, g 5s.. .1942 M-S
8 A cfc A P See So Pac Co
8 F & N P 1st sink I g 5s. 1919
1st gold 6s.... 1934
Sav F &
1931
1st gold 5s
John's
Div
lstg 4s. ..1934
St
Ala Mid 1st gu gold 58..1928
|itan
....
95
No of Cal
130% Feb'02
.
Kat Starch ill g Co 1 st g 6s 1 9 2
jNatSUuw Co sf deb 5s..
A-O
High Ac Low High
111
111
113*2 .Tn.'n'j
95 J'ly'02
127*2 Feb'02
133*2 May'05
123*2 Feb '02
110*4 111
M-N
N YT&Mex gulstg4s.l912
W
to gold 4>2S..1933
Begistered
1933
Dakota ext gold 6s
1910
1937
Mont ext 1st gold 4s
Begistered
1937
EMiun 1st div lstg os.. 1908
Begistered
1908
1948
Nor Div 1st gold 4s
1951
g 5s. 1911
Grameroy Sug 1st gold Os. 1923
1910
Dl Steel Co deb 5s
Non-couv deben 5s
1913
Int Paper Co 1st con g 6s. 1918
Knickerbocker ice (Chicago)
Ask Low
1
Seduced
s
A-O
&NW
Since
January 1
Last Sale
i
M
Manufacturing
Am Hide <fc L 1st
J-J
or
....
A-O 111
Consol g 6s int guar. ..1912
Gen gold 4s int guar.. 1921
Waco
div 1st g6s'30
Morgan's La & T 1st 7s. 1918
1st gold 6s
L920
Range
Week's
Range
July 25
Bid
M-N 103
LXXV.
A-O
1st gug 6s. ...1907 J-J 106
113 Jan '01
Guaranteed gold5s
1938 A-O 117*2
105*2 Nov'01
101 Oct 'CO
Ore & Cal 1st guar g 5s. 1927 J-J 100
88 s8 Sale
125 126 125 J'ne'02
124 125
88
89
00 87*4 92
S A & A Pass 1st gu g4s. 194!! J-J
112 34 Apr'02
111
112 May'02
112 115
112*8113
SoPolArgulstg6s...cl909 J-J 110
3
114*2 J'ne'02
113*3
113*2 J'ly '02
118*2 117
114 114*2
1st guar g 6s
.cl910 J-J lll s
106*4
105*2J'ne'0i
105*4 108*4
SPof Cal lstg 6s
1905 A-O
108 Dec'01
137 Nov'97
1st g 6s series B
1905 A-O 1073s
5
110 8 Jan'02
110% 110%
lstg6sseriesC& D...1906 A-O 107 *a
122
107*2 Oct '98
lstg 6s series E& F...1912 A-O 117
119'
119
J'n,e'02
119*2119*3
1912
2
1st gold 6s
A-O
107 Nov'00
122
120 Oct '01
1937 M-N 111
1st con guar g 5s
109% 109% J.. 108*2 111
114
1905-.. 1937 M-N 110*8111
Stamped
112
116*4 Apr'02
114
115 116*4
S Pac of N Mex lstg 6s.. 1911 J-J
121 May'02
120
121 121
1st
4s.
...1937
S P Coast
gug
J-J
108 May'02
98 J'ly'97
108 108
1905 F-A
Tex<fc N O 1st 7s
114*2 Feb'02
114*2 114*2
100 101
102*aJ'ne'02
100 102*2
SabineDiv Istg6s....l912 M-S 112 .
'01
104*2.
108*2
J'ly
100*2 101 Apr'02
101 101
1943 J-J
Con gold 5s
121
119*2124
111 J'ue'02
121
117*3
111 111
Southern— 1st con g 5s
1994 J-J 121*2.
122*2 Jan '02
122 122
98*8 Sale
98
98% 102 97*2 101
1994 J-J
Begistered
99*4 J'ly '02
99*2
92 Apr '01
97
Mob & Ohio coll tr g 4s. .1938 M-S 99
"64
114
115
115
Mar'02
112*2115
97
95*2 98
Mem Div 1st g4*2-5s...l996 J-J
90S Sale 96*1
100*8
101*2
Sale
100*8
100
25
99*2
1
9
*e
div
1
st
....
5
St Louis
e 4s
J-J
120 Mai'Ol
Ala Cen R 1st g 6s
1918 J-J 116
9534 95 34 J'ly'02
9«*2
94
19 Is J-J
Atl<fc Danvlst g 4s
3
98*4...
00*2
1-949
100*4 100 4 22 100 102's
100 J
Atl & Yad 1st g guar 4s.
A-O
121 J'ne'Ol
9434 J'ly'02
94
92 34 9534
95
19] 6 J-J 120
Col & Greenv 1st Os
110S8
119*8 J'ne'02
97
117 120*2
97 Jan '02
97
E T Va & Ga D_iv g 5s..
J
112*2 115*4
121*8J'ly'02
120 122%
112*2.
114 May'02
Con 1 st gold 5 s
M-N 121*8
117*2
113*2117*2
82*2
117*2
80*2
J'ne'02
J'ly '02
80*3
82
E Ten reor lien g 5s
"92*4 93*4 94% J'ne'02
91
94%
Begistered
125*4.
128 J'ne'02
125 129
GaPac By lstg 6s
1922
123%.
126*4 J'ne'02
125 127 34
Knox <fe Ohio 1st g 6s. ..1925
121
119 122*2
122
12]
1915
Bich& Dan con g 6s
101*4 J'ly '00
101*4 Nov'01
Equip sink fund g 5s. .1909
111*4113*4
lll*4May'02
192 A-O 111*2
Deb 5s stamped
90
90
May'02
90
Eich<fe Meek 1st g 4s. ..19 is M-N
111*2
112
113*4
in
109
J'ly'02
99*2
96
95
*a
95
96
97
SoCar<fc Ga 1st g 5s. ...191 M-M
12034
123
Feb'02
123 123
Virginia Mid ser C 6s.. .1916 M
102 Ort '99
Series D 4-5s
192] M-S 115
Series E5s
1926 M-S 112*4 116 114 Sep '01
116 J'ly'02
115 116
General 5s
M-N 115
116*2 Dec "01
Guar stamped
1936 M-N
94
98 Apr'02
98
98
1st cy gu 4s. .1924 F-A
O&
120*2 J'ne'02
120 121
107 109 107% J'ly '02
107*2 111*2
West N C 1st con g 6s.. 1914 J-J 117*2.
107 109 107 May'02
107 110% S & N Ala See L & N
122
117 J'ly '00
130*8 134
130 132 130*s J'ly'02
Spok Falls & Nor 1st g 6s. 1939
114*2118
114*2 115*4 11 4*2 J'ly '02
Stat Isl Ry 1st gu g 4*2S..1943
98*4 99
96 100
99 J'ne'02
Sunb & Lew See Penn RR
99
100 Jan '02
100 100
SyraBing&NY SeeDL&W
W
Begistered
~£
HE&WTlst gu 5s red. 19:;:
111*2111*2
Price
rida n_
J
High So Low High Southern Pac Co (Continued)
.
123*3.
Trust Co ctls
Consol gold 4s
1932
Gray's P tTerl st gug 5s 1947
8t Paul & Dul See Nor Pacific
& Man 2d 6s... 1909
St Paul
1933
1st consol gold 6s
Begistered
1933
1
CpCo
STOCK EXCHANGE
Week Ending July 25
N. Y.
Since
.
110*2.
Begistered
1936
St Louis So See Illinois Cent
1st g 4s bd ctfa.1989
8t L S
2d g 4s inc bond ctls...pl989
MontC
Last Sale
BONDS
Mange
102 Nov'97
112 34 Mar'00
108
KCFtS<fcMRyrefg4sl936
1st g Us.
1st gug 6s
Is
Ask Low
Bid
M
Minn Union
or
Range
Friday
July 25
Penn
Perisacola
Week's
Price
STOCK EXCHANGE
Week Ending July 25
N. Y.
fVoL.
'97
118 «a J'ly '00
85*3
86 ':
11
85
89%
116*2
Due Mar d Due Apr
g
Due J'ne h Duo J'ly k Duo Aug p Due Nov
q
Due Deo
s
Option sale
Jclt
THE CHRONICLE,
2G, 1903.
177
<ias Securities
Indianapolis Gas stock 50
M-N
1st 6a 1920
Business at Stock Exchanges
Ask
Bid
78
103
50
73
75
Co
Gas
Jacksou
A-O $101*2 103
5s g 1937
STOCK
AT
TRANSACTIONS
100
20
12
Kansas City Gas
A-O 102 104
YEARLY
DAILY.
5s 1922
S9
100
Laclede Gas
100
110
Preferred
Stocks
Week ending
Railroad &c
State
O S
58
60
Lafay'eGaslst 0s'24.M-N
Hands
Bonds
Bonds
53*2 56
liiigdb WabV 1st 6a'25.J-D
Par value
1002
Shares
Madison Gas 6s 1 926.A-( $107 hi 109 hi
Newark Gas 6s 1944. Q-J $140 hi 141
$2,132,200
457,470 $40,593,000
Saturday
Newark Consol Gas.. 100 ijShi 69
3,673.5(11'
85,666,800
908,453
Monday
5s 1948 See Stock Exch list
2,362,500
77,256,400
830,509
Tuesday
New Eng Gas & C See B oston ist
4.630,500
$10,000
'.127.416
89,707,250
Wednesday...
& Ind Con Nat <& 111 100 18 21
$6,000
20,000
4,446,500
92,696,500
9 15, Oiio
50
J-D
54
Thursday
1st 6s 1926
2,922,000
11,000 Providence Gas
89.910.825
'J36.458
50 1107
Friday
95
96 h
St Joseph Gas5sl937.J-J
$6,000
$41,000 stPaulGas Gen 5s'44M-S
5,005.971 $476,829,776 $20, 167,200
92
94
Total..
98
J-J
99
Syracuse Gas 5s 1946.
37*2
100
37%
1
to
January
July
25
Gas&Elec,NJ
25
United
Week ending July
Sales at
87*2
87
100
Preferred
2V«t> York stock
1901
1902
1901
1902
Exchange
Telephone
Volume
of
THE NEW YORK
WEEKLY AND
72
102!>4
EXCHANGE
1
1
Telegr
—
100,829.493
190,501,150
3,201,300
Stocks No. shares
$475,829,775 $314,976,700 $9,517|862]800 $18,5 n 614,975
Par value
Bank
5,005. 07!
BONDS
Government bonds
$41,000
State bonds
RR. and mis. bonds
6,000
20,107,200
Total bonds
$309,700
$120,975
$547,300
1,360,400
639,326,400
$1,311,270
2,141,900
680,9
5-200
shares, par..
$5,000
1,500
8,851,500
$684,439,670
$541,234,100
$S,858,000
$20,214,200
«fc
Amer DistTelegSeeStock Exch
Teleph of Buffalo 100
Central & So Amer. ..100
Ches<ft Poto Teleph. .100
J-J
5s 1909-29
100
Commercial Cable
Couimcr Un Tel (N Y).25
Emp & Bay State Tel 100
100
Franklin
100
Gold* Stock
4 2S, 1905
Hudson River Teleph 100
New Eng Telephone See
Northwestern Teleg... 50
J Telephone 100
M-N
5s 1920
25
Pacific & Atlantic
Providence Telephone. 50
Southern <fc Atlantic. .25
Tel Tel & Cable of Am. 15
1
list
106-4 111
Sell
101
50
105
175
115
78
47
120
104
55
107
184
July 25
Listed
shares
1002
Tuesday
Wednesday
.
Thursday
Friday
Total
Philadelphia
Boston
Weekending
NY&N
Unlisted
Bond
sliares
sales
Bond
Unlisted
shares
Listed
shares
sales
4.231
18.411
16,049
29.371
29,154
16,577
5,997
9,964
17,540
22 62°
12J839
13,588
$48,900
51,900
107,100
129,850
218,585
61,500
15,015
30,897
34,170
42,133
41,128
39,092
6,589
9,070
6,099
7,020
7.592
3,625
$70,500
161, coo
66,600
113,675
216,000
173,275
113,793
82,550
$617,835
202,435
39,995
$801,650
Weekly Review
or Outside
Street Railway*
Ask
£i U
NEW YORK CITY
BLeeckSt&FulFstk 100
Si's
J-J 101
1st mort 4s 1950
B'way <8s 7th Ave stk. 100 250
1st mort 5s 1904. ..J-D
J-J
2d mort 5s 1914
Con 5s 1943 See Stock
36
101
108
Exch
214
J-D 101
Chnst'r&lOthSt stk 100 185
ColA: 9th Ave 5s See Stock Exch
Bat stk 100 120
Dry
1st sold 5s 1932. ..J-D 114
P-A 103
Scrip 5s 1914
Eighth Avenue stock 100 400
F-A 105
Scrip 6s 1914
42d& Gr St Ferry stk 100 407
& St N Ave 100 70
42d St
1st mort 6s 1910.. .M-S 112
99
2dincome 6s 1915. .J-J
Lex Av & Pav F 5s See St k Exc
Metropol Securities See Stk E
Metropol Street Ry See Stk L
Ninth Avenue stock. 100 200
Second Avenue stocklOO 217*2
1st mort 5s 1909. .M-N $105*2
F-A HIT hi
Cousol 5s 1948
Sixth Avenue stock. .100 180
Sou Boulev 5s 1945. .J-J {HI
SoFer 1st 5s 1919. ..A-O 4108
Third Avenue See Stock Exch
Tarry
P <fc
5s 1928 108
DEB&
J-J $103
5s 1928
Louis v St Ry 5s 1930 J<& J $117
115
Lynn* Bos 1st 5s '24. J -1) $112
102
Miuneap St Ry 5s Sec Stk Exch
2 75
18
Orl Rys Co (w i) 100
New
125
Preferred (wh issj.loo
56
220
101*2
50-yr 4H>s (wh issued). 106
North Chic Str stock. 100 185
190
J-J
1st 5s 1909
list
30*2
North Jersey St stocklOO
130
M
W M
Y'kersStRR5sl940A-O
116
1041-2
410
109
420
75
113
100
list
x list
x list
205
219
106 hi
1
*.;
BROOliLVN
5s 1909. .A-O $103
Con 5s g 1931
A-O 114
Inipt 5a See Stock Exc h list
5s 1933.. A-O 102 h
Brooklyn City stock... 10 247
Con 5s See Stock Excli list
Bkln Crosstn 5s 1908.J-J 104
BknHgtslst5sl941 A-u 105
Bkln QCo<fc Sub See Stk Exch
Bklyn Rap Trail See Stk Excli
Coney Island & Bkly nlOO 350
1st 5s 1903
J-J
101
5scrtfsindbt 1903.. J -J 101
Brk C & N 5s 1939.J-J 115
GrSt<fcNewlst5s'00F-A
103*2
Gr'pt <&Lorimer St 1st 6s
105
Co. Elevated—
1st 4s 1949 See Stock
Nassau Elec pre!
100
lst4s 1951
104
248
$
5s 1936
M-N
lias Securities
list
list
400
103
116
list
85
115
90
106
117
115
85
54
107 109
Ua list
$109 111
Buyer pays accrued
52*4
Exch
list
18*4
67
110
Nor Un
list
interest.
112
Stock Exc
stk E x list
335 350
112
108
J-J
J-J
100
M-N
113
114
112
110
140
150 160
$115 H; 116'
CITIES
(J City)
M-N
$103
-See Stk Excli
& Hudson Gas 100 29 34
67
Fort Wayne 6s 1925. .J-J
104
list
30 *4
60
Gas&Elec BergenColOO
Grand Rapids Gas
F-A $104*2 106
1st 5s 1915
51
Hartford (Ct) Gas L...25
oo
33
Hudson Co Gas
t
1
M-N
111
Price per share.
$102*4 103
Gas
M-N
t
Preferred
100
American Chicle Co. .100
Preferred
100
American Elevated.
Preferred
37
Light & Tract. 100
38
93*2 94 h,
Preferred
100
Bait
list
Baltimore Consolidat See
2*8
2
50
Bay State Gas
95
Binghamton Gas 5s 1938 $ 93
Boston United Gas bonds Bosto n list
12*3 13
Buffalo City Gas stocklOO
83*2 84*4
1st 5s 1947
A-O
Chicago Gas <See N Y Stk Exch list
102%
Cincinnati Gas & EleclOO 102
99 100
Col GasL<fc HeatcomlOO
Preferred
100 107*8 108 hi
Col Gas 1st 5s 1932 J-J $107 34
15
17
Consol Gas (N J) stk. 100
87*2 90
J-J
1st 5s 1936
5s g 1949
N
. .
YStk
48
Sale price
52
10
Amer Hide & Leather 100
list
Amer
1st 6s 1904
Detroit City Gas
See
'4
Preferred
100
6s See Stock Exch list
Amer Press Assoc'n.loo
American Screw
loo
Amer Shipbuilding... 100
Preferred
100
Soda Foun com. .100
1 st preferred
100
2d preferred
100
American Surety
50
Strawboard rects 100
Am
Am
Bonds 6s
Amer Tobacco
F-A
com... 50
Preferred
100
Typefo'rs com... 100
Preferred
100
Amer Woolen See Stock
Amer Writing Paper. 100
Preferred
100
5s 1919
J.J
Barney & Sm Car
100
Preferred
loo
Bliss Company com
50
Preferred
50
Am
1334
69 a4
LOO
Ltg<fcRefri|
Consol Rubber Tire. .100
Debenture 4s
Contiuenial Tobao deb
Cramps'
104
08
1.-
Sh&EnBldglOO
Crucible Steel
Preferred
85 a H
Diamond Match Co Set Exch
Dominion Securities.! 00
17
Electric Boat
Preferred
Electric Vehicle
100
100
100
25
40
LOO
14
Preferred
6
Electro-Pneum'icTian LO
100
Empire Steel
100
Preferred
General Chemical
100
Preferred
100
Gorharn Mfg Co com. 100
Preferred
100
Greene Consol Coppor.10
lh
\
27'.,
t
i;
Preferred (w i)
Hecker-Jones-Jew'l Mill
M-S
1st 6s 1922
Herring- Hall-Marvui 100
100
1st preferred
100
2d preferred
50
7
1**
28
165
12
_
20
95
10O
62
2
3
35
40
5
10
105
106
19*2
72
200
11*2
International Salt certfs.
Internat'l Silver »S'ee Stk Exch
J-D
100
25
20
76
205
12*4
list
102
*a
t
John B Stetson com.. 100 150
Preferred
Preferred
Mont
t
50
t
& Bos Cop See Bost on
12*4
3y*4
Stk
Mosler Safe Co
National Bread
f
t
N
'.
.
Borden's Cond Milk.. 100 102*2
Preferred
100 109K
Brit Colum Cop See Bost Stock
Celluloid Co
loo 112
Cent Fireworks com. 100
22
Preferred
65
..100
Central Foundry
*2*2
100
Preferred
12*2
100
Chesebrough Mfg Co LOO 450
Clatlin H B) 1st pref 100 100
2d preferred
100 102
Common
100
98
22
29
50
75
1
145
140
S5°g
1st
69
47
68
r
5
73
11
5L
63
64
99*2 102
125
125
Am
18
*72 34
19
10
100
Iron Steamboat
5*2
2*3
49
Guggenheim Exploration 150
HackenaackMeadowslOO
8
HaU Signal Co
LOO 110
Havana Commercial. 100 19
Havana Tobacco Co (w
20
21% 21%
LOO
100
100
9
100
100
Preferred
30
National Carl ion
100
Preferred
100 100*2
Nat Enam'g & Stamp 100 29 34
Preferred
100
85 ^
New Eng Consol Ice. loo $ 32
National Surety
100 140
33
New Central Coal
20
N Y Biscuit 6s 1911. M-S 114
110
Mtge
&
Security.100
NY
25
100
New York Dock
58
loo
Preferred
100 180
N Y Realty Corp
13*2 14*2 N Y Transportation... 20
11
100 145
$106 108
Nicholson File Co
4
Lum'r cte PulplOO
99 101
Nor
32
Ontario Silver
100 "36"
36
45
100
50
Otis Elevator com
tk Ex list
Preferred
100 102
28
ExOll list
50
Pittsburg Brewing
Stock Exch
47%
Preferred
50
25*2
Exch list
100
Pittsburg Coal
89*2
107=6 107%
loo
Preferred
97*2 Pitts Plate Glass
loo
t9
35*2 36 hi Pratt <fe Whitn pref.. 100
98
74
Procter & Gamble. ...100 340
t
Bait list
Preferred
100 201
Bap T sub Oper 20 pd loo 119
Royal Bak Po wd pref.100 105
100
Russell <fe Erwin
25 t 61
103
125
Safety Car Heat& Lt 100 153
Exch List* Simmons Hardw com 100 151
oston list
Preferred
100 139
50*2 59
100 137*2
2d preferred
lixch list
100 250
Singer Mfg Co
8*2
12
12<% Standard Milling Co. 100
33*2
54
Preferred
100
55
81*2
104 106
5s
92
93*2 Standard Oil of
J . 100 690
31
1
1 3> Standard Coupler comlOO
3*2
Preferred
100 120
3
t
8*,
1%
7*8
50
Storage Power
t
7
Swift <t Co See Boston St k Exc
&
40
42
1st 5s 1910-1914. ...J-J $101
Tennessee Copper
25 t 16*2
90 100
Texas <fe Pacific Coal. 100
$106
A-O
65
1st 6s 1908
43
43*4 Title Guar & Trust.. .100 650
100
Title Ins Co of N Y 100 155
25*2
TrentonPotteries comlOO
4
6
100 115
55
Preferred
65
13
15
Trow Directory new. .100 70
334
10 t
165 175
Union Copper
20
32*2 "Union Steel & Chain. 100
t40
100
100
Preferred
328 335
Union Switch <fc Signal 50 \ 90
Preferred
50 tioo
145
150
43
Union Typewr com. .100 108
48
127
preferred
100
1st
98 102
100 125
Exch list
2d preferred
Bond&MtgGuar newlOO 350
(
ConsRy
Monongahela R Coal. .50
Amer Graphophone...lO
Gas—
Preferred
1st 5s 1930
1
80
125
NY&
Bicycle
Consol
Preferred
10
160
100 150
Lanston Monotype
20 t 12
12*a
Lawyers Mort insur.100 225 235
Lawyers' Surety
100
Lawyers' Title Ins. ..100 420 430
Lorillard (P) pref
100 125
.Madison Sq Garden. .100
14
19
55
1414
2d 6s 1919
M-N
7*2
7"»
20
70*4 Manhattan Transit
7*2
8**
Mex Nat Construe. pf 100
16*2 18
Brooklyn Ferry stocklOO
B 1st 6s 19U.J-J 113 115
Con 5s 1948 .See Stock Exch list
Metropolitan Ferry 5s... 108
110
N Y & E R Ferry stk. loo 80
93
1922
M-N
5s
95
1st
N Y & Hoboken stk. loo 69 7L
Hob Fy 1st 5s 1946 M-N $112*2 114
J-D i 86
Con 5s 1946
88
New York <fc New Jersey
1st 5s 1946
J-J 102
105
75
10th & 23d Sts Ferry 100
1st mort 5s 1919. ..J-D $105
108
Union Ferry stock.. .100
45
45>2
M-N 98
1st 5s 1920
98*2
American Can com... loo
$110
1927.M-N 108
Standard Gas com
100 130
Indiana Nat &
1st 6s 1908
I
Am
Am
8
50
10
65
5
2
16
Firew'lcs coin, loo
6sl948
83 hi
$128
§100
64
101
$111 hi 112*2 Mex Nat-Nat ot'Mex Nej
$104»4 106 h Noi'(fcWest-Poo4s8eeSlk
110 112
Northern Securities. .100
102 103
Oregon Short Line 4s w i
31 *4 31*2 Pitts Bess& L E
50
84 H 85
Preferred
50
87*4 87 k Seaboard Air Line
6'e<101
102
lndiistrial and iUiscel
23*4
22
64*4 64*2 Acker Mer& Condi t... 6s
91*4 Alliance Realty
91
100
96*2 97
Ainalg Copper See Stock
$100 100*i
Agric Chem See B
Amer Bank Note Co. 50
1st 5s
OTHER
Companies
Chicago Edison Co. ..100
Edison El 111 Brk 4s N \ Stock Excli
General Electric Co N Y Stock Exch
Hartford (Ct) Elec LtlOO 198
KingsCoElecL&PColOO 200 206
Narragan (Prov) El Co 50 105 110
NY&QElL&PowColOO 42
Railroad
106
Chic Peo & St L pref.100
31*2
Prior lien g4*2S'30M&S
84
Con mtg g 5s 1930. J&J
132
Income 5s 1930
Denver & South'n ...100
67
K U Ft Sc<fc Mem pf See 8
101*2
Refg g 4s 1936 See Stok
Essex
220
list
105
82
117*2
113*2
See Stock Exch
East River
1st 5s 1944
Consol 5s 1945
<fc
Consum Gas
$115
$106
210
21%
80*2
10*2
NEW YORK
Cent Union Gas 1st 5s...
Con Gas (N Y) stock N \
EfjuitGascon5sl932 See
Mutual Gas
loo
New Amsterdam Gas
107
108
OTHKB CITIES
.
100
Cong
115
1st 6s 1922. J-J $118*2 119
Buffalo Street liy—
1st consol 5s 1931. .F-A
Deb 6s 1917
A.O
Chicago City RR st k 1 00
Clue Union 1'rac See St'ck
Cleveland City By
loo
Cleveland Elcctr liy. loo
Columbus (O) St By..l00
Preferred
loo
Colum i:y con 5a See Ph
Cross fwn lst58'33.J-D
Detroit United Ry See Stk
list
1st consol 5s 1948.. J-J $112
83
87
105
J-J
Wb'g&Flatlstex4Hi3.
Steimvay
Preferred( when issued)
4s 1927
West Chicago St
N i' G EL H&P
Exch
A-O 113
5s 1944
Unit Rys San Fran subs.
Common (when issued)
NY
Ave
BB& WE
Pat Ry con 6s 1931. .J-D
2d 6s 1914
A-O
Rochester Ry
100
100
Preferred
Con 5s 1930
A-O
2d 5s 1933
J-D
So Side El (Chic) stk. 100
Syracuse Rap Tr 5s 1940
Unit Rys (St L Trans) 100
Preferred
LOO
(Jen 4s 1934
J-J
list
110
111
114
28th & 29th Sts 1st 5s '96 1118*2 115
Twenty-Third St stk. loo 408 415
J-J 102
106
Deb5sl906
Onion By 1st 5s 1942 F,A 118*2 119
Westchestlst5s'43J-J 110 114
M-N
4s 1948
119*2
185
114
110
53
100
Deb
list
Cousol 7s 1902
Kings
49
95
Indianapolis St Ry S-te Phila
21*2
J C Hob & Paterson..lOO
253
101*2
4sgNovl 1949. ..M-N $ 80
10
109 hi Lake St (Chic) El stk. 100
CenPkN&ERivstklOO
Ask
Mid
102
B'way Surf 1st 5s go 1924 $114
2d 5s int as rental 1905 $101
Cent'l Crosstowustk.loo 265
M-N 5122
IstM 6s 1922
Atlan
Street Kailways
Grand Rapids Ry....l00
Preferred
100
7
f
Kerry Companies
Market will be found on a preceding page.
60
Ask
!..]
106 111
Bosto n list
12
126
Hoboken Land & ImplOO
175 178
M-N
5s 1910
112 115
100
Houston Oil
85
80
Preferred
100
1 108*2
Internat'lBankingCo LOO
95,
100
loo
Preferred
Rholsl Elec Protec ColOO
U mted Electric of N J loo
J-D
4s 1929
Outside Securities
A
Electric
65
lstg 5s 1917
ed Air Co.
ConSOlid Car Heatin
Preferred
84
55
123
1
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
EXCHANGES
Industrial ami Uliscel
Bid
Col&HockCoal&Ipf LOO 60
5*.
19
7278
22
128
United Copper Co See Bost
14*2
100
U S Cotton Duck
U S Envelope com... 100 10
70
Preferred
U S Glass common... loi 34 34
<
I
110
Exch
20
92*2
3034
1613b
30
87
32«a
38
116
27
65
185
12
155
7
"37"
104
28*4
47*3
2534
89 34
345
204
121
106
• *>•
160
mm
140
270
9 l4
34
82*9
694
35
125
1-fl
n'ge
102
17*9
90
110
160
26
120
75
4
33
50
105
130
130
list
16
20
75
100
U S Reduct&Renningloo
loo
Preferred
U S Shipbldg 5s (75% pd)
US Steel Corp 5s (wh
Col tr 5s Ser B & D 1 95
98
62*9
98*9
97*4
97%
*
4
Universal Tobacco.
25
100
Preferred
12
100
Va Coal Iron & Coke.
M-S 56
5s 1949
2
Vulcan Delinuing.... 100 32
13
81
100
Preferred
470
(181
102*2 Westingh Air Brak
19
100
Mining.
Knob
White
106
Worthing Pump pref.100 130
101
25
67
39 *a
102*9
1
Preferred
145
.
12*2
Ex
9
33
13
58
33
82
20*9
BOSTON STOCK EXOBMGE-Stock
Share Prices—Not Per Centum Prices
Saturday
July 19
Monday
STOCKS
Thursday
Wednesday
July 23
Tuesday
July 22
July?!
Friday
July 25
July 24
90 %
90*4 91
89 V,
89
91% 92% 91% 93
89
101*2l01 34 102*8 102*8 102% 102% 102*2 103*4 102*2 103*2
261% 261%
•261 262*2 262 262
261% 261% 262 262
-165 166
166 166
165 165 165 ....
164 165
•237 ....
237
238 238 *238 .... 238
202 202
202 202
202*2203
203 203 202 203
300
300
166
132
166
*
•198
165
167
132
i'y'8"
*178
'178
42*2 42*2
97 *s 97 %
30
30 *
240 240
210
76
87
*
«75
....
41 34 42*4
97 34 97 34
*30
30*4
'240 241
210
210
*75
77
87
87
*75
83
*178
42
98
•30
*210
....
210
87
76
87
75
*87
79*2
79*2
83
108
107% 108
30
7*8
*26H> 27
92%
175
87
6*2
180
235
75
83
....
108*4 109*2
92*4
175
*95*2 96
87*2
*6*2
7
26*2 27
143*2
79*9 79*2
83
*108
83
108
30 3s
*6%
30*4
235
114
30
87
98
239
75
>2
41% 41%
97*2 97%
'30*2 30%
239
*82
83
84
*107*2
*107*2
108*8 10838 108 108%
92*2 92*2
92
92
*175 177 •175 177
*95
96
96
96
•114
«114*2....
29*2 30**
86*2 87
143
178
143*4 143*4
180
42
143*2143*2
•143*2
210
*75
300 .... '300
-163*2 165*2 '103*2l64 34
130 131
199*2
199 ....
161 161
161 161
....
92
92*4
175
95
114
177
95
29
88
30
88
30*4
88
....
6*2
6*2
26
131
92%
102%
261%
165
238
78
78
»4
4*2
•123
127
58%
59*2
78
*4
*123
4*2
*8
*8
8*2
*278
•275*4..191*2191*2 188
•184 186 *182
4%
4*t.
141*2141*2
*27
27*2
•249 251
*9
143 144
*26*2 27
•28*8
*2
2*4
113*2114*4
53*4
53
30
102*2
•103*2 104
•106 109
22*9
22%
*2*4
2 34
65*4
65
"234
3
15
•25*2 26*2
*4*2
5
•14
•80
•50
*2S
30
32*2
•50
32*2
•60
3%
9
572
••10
•15
-18
8
19
8
*28
250
250
"2
•11*4 12
42=4
42%
2% 9
3%
2%
•1*2
2*4
2*4
*
19
60
•26*a 28
•IS
60
*4*4
•135
6
138
«2*a
1 34
**2
12*a
3
1*4
1
12%
179
•170
*2%
3*2
100
"11 *2 12
•95
86*8 35*8
20
16%
20
109
•56
•1
t>
1*2
29*2
102
28%
29*2
88
88
6*3
26
114
53
2*4
40%
90%
*2%
3
16
14% 15
25*2 26*2 26*3 27*2
•14
29
29
33
33*2
•40
3 34
9
"*7*a
•40
670
570
•50
5
5
-80
29
29
33*9 34*2
•50
3%
'
*7*2
570
*-10
•15
••10
18*2 19*4
19
7*2
8
"g
3
7
6*2
27
26*3
8
•35
2*19
2*9
2%
43*2
2%o "*i%
2*2
61*2
26*2 28
4*4 6
•2*2
1%
**9
L36
*95
45
2*4
136
4*4
136
1%
2
**9
1
12*2
35*4
21
20*8
6
•4*2
6
•66*a 67
•1
1*2
12*9
•2*9
95
12
•35
20 34
16*2
20
6
*23*2
2%
65%
280
189
186
J'ne'02
29
*2
3
•2*9
,
mining
Adventure Con
4
350
2,840
507
344
500
31
33
,
9
Last Sale
670
<S%
1
""28
2,195
Sin. 25
25
J'ly '02 British
Colum
(Ltd).
5
26*2Majl7
28 Jan 23
1*2 Feb 25
85*3 Jan 8
46 Jan 2
29 Jan 2
11*4 Jan 25
80% Jan 22
13*2 Jan 25
49 Jan 2
"nel9
69%
51%
137*4
8*2
3%
11*4
3
14*9
18*4
2*4
HHi
She
15
2*4
12
12
44*3 45*2
179
3*2
100
12
35*2
19*2
62
29
4*4
3%
2%
20
62
30
17:.
4*2 May 6
4 Feb
130% Apr 30 129*2 Nov
75 April 20 Oct
7 Nov
9% Mar27
285 May 9 217 Jan
332% Apr 9 184*2 Jan
I88H2 Mar31 153 Feb
1 Dec
3% Apr 7
106HjMarl9 101 H2 Aug
93HaJ'nel6 88 Dec
7% Mar20 4% Nov
1-2
151
35
250
9%
152
27
29
114
136
3
2
3
2
*H»
1
13
179
3
•95
13*e
180
3
100
21%
16%
21*2
22
16 34
17%
20*2
6
21
21*2
4%
4%
67*9
•1
67*9
1*9
68
570
•1*4
Calumet
571
J'ly
7
Mar25
16% Jan
7
.
lui'. '-Apr 4
91
36*a Jan 11 115*9 Apr 9
Jan 29 117 Apr 9
1*2 Jan 27
1% Jan 17
<fe
18 Jan 14 24HjApr28
2HjJan
l'i Mar 3
U
1
S
1
450
9HjMar27
110 24 J'ly '.4
3*9 Jan 14
2.417
•50
May
16* 8 .ri\-l
ran
13'j
9
1
Jan 23
20*3 Jan 17
36
"715 22
•40
2
6%
1%
1
::i
MarlO
3
May
8
\pr21
J'ly 21 lion
Jan 2
5
May22 10*2
Mar 6
Apr 23
Mar
Feb 1
Hecla
1
'1
1
1
'
J'ly
4% Oct
Aug
Mar
9% Feb
270 Mar
140
39
Deo
182% Nov
288
3% Mar
Deo
103
99
25*9 Dec
27
Jan
2
Nov
73
Sep
30% Feb
23
9
8 J. n
54
06
Jan
Jan
:
Oct
Mar
Aug
May
Mar
5
137 Mar
4 s Uj Xov
29
29
30
Sep
May 16% May
74 Jan 83% Aug
34 Jan
13H»Ocl
46 Dec 82% Jan
33 Maj 51 '-Apr
86 '2 J'ly 101% May
134 Feb
"a Oct
1
.
.
r
1
%
Nov
b9HjJan
';l%Oct
60%
2
9
1"
Nov
89*2 Deo
Deo
91
1*3
33
')0*4
Feb
Sep
Aug
129i 8 J'ne
5*9 J'ne
Apr
Apr
3*2 1"
24% Mar
Mar
5:14
50c. Dec
24-% Dee 43 Sep
43 Hi Aug
15*2 Jan
17g Mar
1
Jan
7*3 Jan
5*2 May
011*4 Oct 23*8 Jan
535 Dec 860 Mar
Dec •22*2 Apr
12
10*2 Dec 3 4 '4 May
8 Aug 13 Fob
1% Dei 13% Jan
4 Apr
1*4 Nov
29
Fen
Dec
IS
53
'•
55*9 Deo
J'ne
11
:•:',' i
120
7
25
Dec
Deo
Mar
Mar
8% Oct
66*2^ »»
37% Sep
5% Oct
6
20
Jan
Sep
50*4 Sep
7 Jan
6% Deo
4% Aug
6% Oct
38% Mar
120
isep
Apr
8% Sep
Apr
187
10 Feb
10*8 Apr
2*9 Jan
;*68
/.;<
Sep
Feb
68
Sep
41
J'ne
24
Apr
I
1
68
Before pay't of aasess'ts called during 1901.
MarlO
89
1
330
83
May
21% Jan
Jan
61%Mar25 78% Feb
200
3% Apr
2
2,085
J'ly
Jan
152% J'ne
Apr
57% May 1
33*2 Apr 28
14% Apr 2
86% Apr 2
18% Apr 14
i;_"i
130
182
Mar
J'ly 2."
J'ly 21 198 Jan 225
J'ly 18
5% Oct
9
J'ly 25 100 Dec lio
-Jan 7
9
I- 12*2 Apr 15
Marll 33 Ha Apr 4
:,
6%
4%
4%
8
J'ne
Jan
Jan
!
12*4 12%
34*2 35
6*4
'
91
II
33
15
Jan 2
Jan 28
2*2
34% J'ne
Apr 30 127Hj Jan 146
4%
6
136
.
I
18%
42% Jan 90*8 J 'no
80 May 107*2 May
251 Jan 265 Apr
159% Jan 190 J'ly
238 J'ly J48 Apr
189 Dec 200 Apr
168 Feb 176 Apr
297 May 307 Apr
72 533 Apr 30 650
10 April 12 Jan 20
4*125 11 Jan 14 28 Mario
May 3
8
7 Jan 20
50 •25 Apr24
2 Jan 8
l%Jan 2 2%J'iy 8
2V2
2
2%2 Cons Mercur Gold... 6 3,810
19*3 19*9
160 18*2J'l.v21 19 Hi J'ly '-'I
25
Continental Zinc
58% "57% "5*8""*. topper Range Con ColOO 15,946 43% Marl7 64 Apr 12 44 Dec
58
52
52
51 3 Daly- West
20 1,075 18*4 Mar 1 56 J'ly 8 28 N"\
51%
loo 1,115 54 Jan 2 146 Apr 15 32 M tiv
'136 137
137
137 Dominion Coal
114*2J'ne23 119 Jan 23 108 Jan
loo
Last Sale 115
J'ly'02
Do pref
2
Dec
4*8
1*2 Jan 16
5% Mar
3*9
*3%
12 5,713
4 Elm River
345 lOHjJ'ly 9 15% Kel, 3 11*2 Dee
11*2 Franklin
25
11*3
11H. 11%
4 Dec
3*8
2% J'ly 17 5% Jan 3
3%
3*2
8*1
uaiiajuato Conaol..
6
14*4 14*2
14*2 slo Royale (Copper). 25 1,080 ll*2May20 25 Feb 1 18*2 Dee
14*3
'• May
9
Jan
11
15
21
Jan
18%
3,540
15%
25
•17%
Consol
If
Mass
17%
2*2
lHiJ'ne
3% Mar 4
415
2 Jan 28
2*2
*2*4
25
2% Mavtlowor
4 Aul'
Jan 6
4 Jan 8
S
15
Last -Sale
Jan '02 Merced (Gold)
*12
"SO dd Jan 16 dl3*4 Mario h5% Fel3
12
26
Michigan t
622
Jan
SO.",
Jan
14
45
J'ly
23
2,
d'27
H»
41H
44*.,
25
Mohawk
44
44
4*2 Mar 7
4 Feb
286
3 J'ly 25
3%
3
3H Montana Coal & Coke 25
'"2"*8
Dee
4*4
2*8
4% MarlO
1*8 J'ly 22
2*4 Montreal & Boston..
5 3,155
2%
]", Jan 31 50c.
Jan
Jan 25
1
Last Sale I
25 "*43(")
May'02 National
3 Aug
2% J'ly L8 4*9MaiK>
•2*9
3
26
3
3 Old Colony
20*2 Dec
20 old Dominion (Cop).. 25 1,510 17*2 4
19% 19% 20
58*2 Mar25 89% Feb 1 72 Dec
61*4 61*2
25
osceola
61
61
27*2 Dee
1,005 24% Apr 30 34 Feb 1
29
29
29
29 Parrott (Silv <fe Copp) 1
3% May
3*2 F6D27
5 M ay 1
10
4*4 6
25
6
Phoenix Consol
30 125 Apr 9 147 Feb 1 125 Dee
25
133 136 133
136 Qulucy
3>
Dee
3
435
lHjJ'ncU
25
4 Mar 8
3
Rhode Island
8
3
3
2*4 Dee
4 Feb 1
2*2
1% May27
2*2 Santa Fe(Gold<fc Cop) 10 2,400
2*8
2%
•50
Jan 27 50 Mai 17 •50 J'ne
Last Sale 50
Apr 'OS Santa Ysabel (Gold).
13*4
10 i"530 12*2 J'ly 3 18 May22
13*4 Sluvnnon
13
13
May28 281 Feb 1 230 Dec
72
25
Tamarack
180
178 178 176
10 .".o Jan 6
3H»J'nel8 82H»Dec
2*2
*1*2
*1*2
25
2*2 Tecumseh
hi 9*3 J an
Jan 2 125
<*34
Tjast Sale 95
J'ly'02 Trimountain ......... 25
2*7*46
10 Dec
11*2 teh l'.l I8H2 Mar 3
25
12*2 Trinity
12% V2>4 12%
IS
ly
is
J'ly
loo
200 34%
35
34*9
35
34% United Copper
\|>r21
9HiJau
Jan
vtrctfs.
13%
22%
25
9,69
Mining
a
US
21% 21% 21*9
17% Unit States Coal &Oil 26 18,208 15% J'ly 19 18*4 J'ly 24
17% 18*4 17*4
1
1 8*2 Dec
21*4 Utah Con (Gold) tr rc4-85 2,115 19*2 J'ly 14
21*9 22
20
8H»May
0*4 Victorlat
25 1,800 4*i 6 J'nelO rf0 34 Mario
6*4
6*4
6%
1% Dee
845 dl Jan 11
25
V I'ne?5
4 34 Winonat
5
4%
'i
44 Dec
J'ly 28
337 42 Jan 14
25
60
60 Wolverine
67
68
May
1
276 75 Jan 21
1% May 21
25
Wyandot
1% 1% •lHi
570
19*4
9
173*2
248
209
183
307
172
136
202
87*2 J'ne 19
•72'flMarl]
-
244
11,336
26
25
25
30
31 Atlantic
34*9
34*2 IsiughamConMin&S 50
•6(1
•55
•50
Bonanza (Dev Co)... 10
Last Sale 5
Apr'02 Boston (Quicksilver) 10
34*3 34 34
670
2
25
2% Allouez
Amalgamated OopperlOO
Amer Gold Dredging 5
60*4
3
31
31
34*3 34%
•60
569
10
3,485
1,108
2">
24
5
50 122*2 Apr 4
9,672 25 Jan 15
609
7*2 J'ly 24
15 244 Jan 2
336 M85 J'ly22
22 170 Jan 2
100
2 Jan 6
103 Feb 7
20 89 Jan 15
1,281
2% J'nel9
215 135 Jan 2
152 30 J'ly 22
192 216 Jan 7
60
6 Jan 23
5,740 100 Jan 9
West End Land
25
West Telep <fe Teleg.Km
15% 14
14*2 14*2
14 34 Am Zinc Lead &
27
26% 26 34 27
27 H, Anaconda....
*26Sl
5*2
5*4
5*8
5*4
5*4
5*4 Arcadian
•50 •80
Last Sale 50
J'ly'02 Arnold
2*4
1
179
23%
23
2%s
1%
3*2
LOO
23*3
66",
•1*2--..
2*2
2*4
19*8 19 12
61*9 62
27*4 29
4*4
29
2%
3%
2%
2*2
16% 16 34
6%
2
2*9
11% 12
*35
18%
3
12*2 12*9
171*2 .79
2*2
3*2
11
3
14
*1*2
19%
29*2
65*3
3
14
*7
May
266
25
•10 -15
Last Sale 10
-15
J'ne'02 Catalpa (Silver)
10
20*2
19*4 Centennial
19*9 20*4
25
19% 19% 19%
•
8
*7»2
8*2
8
25
8
8 Central Oil
•60
*-40
•25
•60
••40
•35
•GO
Cochlti Tr Co rects.. 10
11*9 12
3%
Dominion
65
8
3% May
10
& Tel 100
Iron & St...
102*2 102
loo
102
Do pref
Last Sale 104
J'ly '02 Westing E1& Mfg... 50
104*9 105
50
Do pref
Last Sale 1 >2
Jan '02 Wollastoii Lund
5
24*4
68
14
18
2
18-i
2%
51 34 62*2
136
137 137
'1L5
115 ....
14%
187
280
188
•184
66% 67%
2*9 3
55*4
3*4
280
29
102 34 '102
2%8 2he
11
280
Last Sale 90
-90
29*3 29*v
19*4
58*4
61*4
3%
7%
8
J'ne'02 Boston Land
124*2 Cuniberl Telep
US
2*18
11
3
77%
Amer Woolen
Do pref
14
78
)
29*4
93*2J'ly25
103% J'ly 25
Highest
4,682
2
2
2%
Lowest
Highest
21 Jan 16 30% Apr 29 20 Oct
859 8IH2 Jan 2 88 Marl 5 79*2 Dec
9%Mav2'J
175
4 Jan 21
3% Jan
90 21 J'nel9 37% May22 28 Aug
17,763 116% Jan 6 135*sMar31 103 Dec
889 115 Jan 4 120 Apr 4 112 Dec
2,428 155 Mar 1 185% Apr 4 151 Jan
650 13 Apr23 17% Jan 7 14 Oct
100
427 73 Apr 24 80% Jan 2 70% Mar
100
29% AmerAgricul Chem.lOO
88
Do pref
100
Amer Pneu Serv
7
50
26*2
Do pref
50
133 Amer Sugar Refin
100
120
Do pref
100
165*4 Amer Telep & Teleg.100
9
19
37*2
Last Sale 4
7*3
19
42*2 43
136
9
570
78
123
188% 190
24
Lowest
Uailronds
93*2 Atch Top & Santa FelOO 9,558 74% Jan 27
Do pref
103%
100 2,644 95*2Marl2
262 Boston & Albany
100
87 259*2J'nel4
166 Boston Elevated
100 161% Feb 21
loo
Boston & Lowell
100
1 236
J'nel3
202 Boston & Maine
100
268 191 Jan 2
J'ly'02
Do pref
100
172 Jan 13
299% Boston & ProvidencelOO
10 297*2J'ne20
163 ChicJuncRy&USYlOO
368 152 Feb 20
Do pref
132
55 130 Jan 3
100
J'ly '02 Con & Mont Class 4 1 00
199% J'ly 2
Conn & Pass Riv pref 100
13 160 J'ne23
Miscellaneous
29*2
87*2
125
124*2
58*2 59 '4
59%
18*2
11*4 12
2*8
*1*2
*2*4
19*4
60*2
78
55 34
53*8
17% 18
2*2
'75
Week
East Boston Land
Edison Elec Ilium.. .100
General E.ectric
100
183*2 183*2 184 186
M ergenthaler Lino. .100
2*4
2% '2*4
•2% 2%
2% Mexican Telephone.. 10
110*3
Last Sale 206*2 Mar'02 Minn Gen Elec pref. loo
89*2
•
89*2 *
89*2
89 *s N E Cotton Yarn pref 100
"4% 4%
4*3
4
4*9 N E Gas & C Tr recta .100
4
142*2 142*2 142
142*2 143
142*2 N E Telephone
100
3.i
33
32
32
35
33 Plant Comp new rect s ion
248 249 248 249 249
249 Pullman Co
100
....
9% 9%
9 34 Reece Button-Hole.. 10
9%
146 149
148 148 ' 148
152 Swift & Co
100
26*9 27
Last Sale 27
J'ne'02 Torrington Class A.. 25
29
•2**8
28*8
29
Do pref
25
2*4
*2
2*4 Union Cop L'd & Mg. 25
2%
114*2
112*2
118%
113*.
113%
113
United Fruit
100
63
53*2 S3 3
53
53*9
63*2 United Shoe Mach... 25
31% 31*8 31*9
Do pref
25
31*v 31*2
31
Km
Leather
Last Sale S4*4 J'ly'02
100
Do pref
Last Sale 14% J'ly '02 U S Rubber
100
65*2 65*2
Do
pref
K)0
"39%
"39%
40*4 40%
397, U S Steel Corp
100
39%
90%
90
90
100
90%
90
90
Do pref
'
29*2
102*2 •102
23% 23%
2*4 2%
64% 67%
2 34
5*8
4 34
*-50
•80
78
4*2
Shares
Range lor Previoui
Year (1901)
1
NH
26
125
58% 69
8
EXCHANGE
Mange Since January
1902
-
103*2105
106*2108
64*2 05*4
*2 34
3
20
6
66*3
2
'90
23*2
23
20
•4*4
40*2
90*4
"so" 30
102 103
103% 105
20*4
6%
9 34
31*2 31*9
•90
20*4
16*,
634
4%
13*2
13*8
54
54*2
53
52*2 52*2
137
135*2 137
'115
»115
*3
3
3H
•10% 11*2 11
3
»2% 3*8
14
•12*2 13*2
2*4
113
63
*52 34 53
54%
•2
*28*8
2
113*2 114
<106
2%
144*2146
26*2 27
2*4
18*2
•17% 18
9*2
29
29
186
142*2142*2
30
32
248 248*2
*9
143*2 145
*26*a 27
••35
•50
•50
2*32
2%e 2%2
••35
2
4%
141*2 142
40 34 41
90*2 90 34
30
102
2%
188*2
'
Sales
or the
. .
6*2
*4
4*2
125
69
8
110*2
89*2 90
4*8
4*8
40% 40%
»
185
183
185*2
31% 31%
90*4
-90
59
8
190 34
31*2 31*u
13*4 13*2
90*4
*4
123
8*2
2*2
2*2
•*2%
2*2
*110*2
•110*2-...
90
90
•89*2 90
78
77*2 78
78
125
59*8 59 34
BOSTON STOCK
Marl4
Apr
202
Apr 28
Last Sale 177
Apr 26
299%
299%
Mar26
163*2 165
160
Mar26 143*2 Jan 162 J'ne
131 131
Mar26 126 Jan 135 Apr
Last Sale Z.99%"
Jan 27 198 Jan 200% Nov
161
•161
I66H2 FeblO 160 Jan 165 Deo
Last Sale 285
J'ly'02 Connecticut River. ..100
285 J'ly 1 295 Feb 6 276 Jan 286 May
"*4
143*2 144
144 Fitchburg pref
144
100
6 142
Jan 24 148 Marll 139 Jan 148 Apr
Last Sale Z7S*2 J'ly '02 Maine Central
100
172 Jan 7 178*2 J'ly 10 166 Jan 173 Nov
41*2 41*2
41*2 Mass Electric Cos
41
24 Jan 45 J'ly
100 1,616 33*2 Jan 28 45% Apr 2
97*2 97% 97*9
98
Do pref
296 92 Jan 13 99 J'ne
77*2 Jan 96 J'ne
100
30*8 30*8
30 Mexican Central
13*2 Jan 29% May
30
380 26 Jan 15 31 Mar3
100
235 236
235 N Y
234
& Hart.. ..Kin 219 210 Jan 31 254 Apr 28 201 Feb 217*2 J'ne
Last Sale 27i*2 May'02 Northern N H
163 Jan 173 Nov
170 Jan 14 175 Jan
100
Last Sale 233
J'ly '02 Norwich & Wor pref 100
223 Jan 231 J'ne
238 Apr
230 Jan
210
210
Old Colony
21 208% J'nelS 217 Apr 4 205 Jan 212*2 Apr
100
75 77 •75
77 Pere Marquette
100
226 68 May20 83*2 Jan 4 30 Jan 95 Nov
87
'87
Do pref
100
213 79*iMayl9 88 Jan 31 70 Jan 89 Nov
78
78
78
43 74 May 16 125%Apr23 87 Jan 120 Deo
80 Rutland pref
100
82 84 *82
84 Seattle Electrie
263 58 Jan 8 90 Mayl 3 42 Aug 61 Deo
100
108 108
1138
108
Do pref
125 105*2J'ne 2 110 Marll 98 J'ne 108 Dec
100
109*4 110-2 109*2 110*2 Union Paciflo
100 5,387 98*2 Feb 28 110 Hz J'ly 18 78 Hj Jan 132*2 May
93*2
93*3
93
94
Do pref
305 86%Marll 94 J'ly 25 82 Jan 99 May
100
•175 177
175
177 Vermont & Mass
1 172
Jan 15 178 J'ly 14 172 Nov 173*2 Aug
100
95
95
95
95 West End St
132 94 Jan 2 99 Marls 92*2 Jan 99 Apr
50
114 115
114*4 114'-;
Do pref
50 112% Jan 2 117 J'nelO 110 Jan 118*4 Apr
50
Last Sale 26% J'ne'02 Wisconsin Central... 100
19*2 Jan 28 28 May 7
17 Feb 24% Apr
Last Sale 48% J'ne'02
Do pref
100
39% Jan 28 50%Mav27 40% Dec 48 J'ne
150 150
Wore Nash <fe Roch.,100
11 148% Feb 11 152*2Mayl2 150 Aug 155 Aug
132% 132*4 133% 132%
129%130 4
129% 129% 129
120
119*4 119% 119*4 119*4 119 119*2 119%119 34 120 120
1G4*2 165*4 165
165 165*8 165 165*4 164% 165
165 165
13*9 14*2 13% 14
-13*2 14
13*2 14
14
*13*2- --3
129 34
Weekly and Yearly
Record, Daily,
1
i
i
I
1
..
1
W
d Before pay't of asseas'ta called during 1902.
*
Bid and asked prioes.
H
New stook.
11
37% Mar
12
Sep
10
Feb
73
8ep
2% Feb
tAssessin't paid.
July
Boston Bond Record
96, 1902.]
3
BONUS
BOSTON STOCK EXCH'GE
WEEK ENDING jclt 25
Price
Week's
Friday
July 25
L'atiye or
Ask Low
99%
99%
99%
A
Plum
A Lowell 4s
& Maine 4
Hiqh
4s
A Mo R
2d Ts
Cent Vennt
IowaDiv
80
J-J
M-N
Q-F
S0
J-J
102%
:
4
9032
5
104
May'02
M-N
1071-2
1001-2
10S1-2
J-J
10034 Mar'02
lOl'i J'ne'02
1073.2107%
100 101
108 2 10S%
100 100%
J-J
J'ly '02
10" 1-2 Sale
J-D
J-D
A-O
lOOl-J
Apr '02
104%
3.
101i4l02%
109
100
13012
1301-2 J'ly '02
1301-2 J'ly'02
129% 132
131%
110 J'ly '02
109 % 109 3-2
109 4 Mar'02
115 Apr '02
107 J'ly '02
99 % J'ly '02
110 J'ly '02
MCI
110
110
A-O 105 107
A-O
99 %
MS
102% 104%
1093,.
130
109
109
MN
W
IS
1
J'ne'02
J-J
J-J
W
15 %
15
99% 100
1-2
Apr'01
A-O
M
12
1
110
M-S
109 ia
M-S
M-S
FrcmtElk&MoVlst6s..l933 A-O 137
1933 A-O 137
Unstamped 1st 6s
95% Sale
Gt Nor C B & Q coll tr 4s 1921 J-J
108
100
J'ne'02
,
J'ne'02
J'ly '02
95 % 109
953.2
94%
1921 Q-J
Note—Buyer pays accrued interest in addition
l'iy'02
96%
96%
94
94
purchase price
to the
101%
110
11034
1(111'., 10934
lU'l 115
106 107
99% 101
109% 111
1091-2 111
100% 100
110% 111
138 139
138 133
100% Mar'02
11U4 May'02
138
133
110
10!)
loo** J'ne'02
for all
»hare Prices— Not Per Centum Prices
Monday
Tuesda y
July 22
Wednesday
70
122
27
47
16 34
70
123
July 21
Boston Bonds.
*
No
price Friday
(For Bonds and inactive
Friday
July 25
Stocks see below)
Low High
J'ly '02
'
102
I
3
126
98%
101 102
IOII4I02
132% 133%
105 105%
114 114%
J'ly '02
J'ly '02
J'ly '02
12334 126
110
110% J'ne'02
113
105
113% J'ly '02
106
105
105
4
95
111
113% 115%
105 105%
128 130%
J'ly '02
L
97 14
92
los
105
128
99%
98
84
93
92% May'02
93
May'Ol
117% Feb '00
82
82% 81%
32% 33% 33 J'ne'02
21% 22% 21% J'ne'02
118
8134
99
104
104%
103
103
66%
63%
Sale
104
81
84 l4
3034 35%
20% 24%
Oct '01
Mar'02
104
105
103 Apr'02
10734 May'02
104
.
105
10b% 107%
105%
112
107
100
102
67%
104
105
104
103
10734 10734
107%
105%
107% 109%
105% 107
May'Ol
102% Mar'02
125% 125%
100
102
100
104
104
103
103% 8 103
67% 240 52
Apr '02
104
Feb '02
105
102% 102%
125 128%
106% 107
J'ne'02
J'ne'02
101 14
100
102
105
Mar'02
106% J'ly '02
108% J'ly '01
103% Apr'02
108% J'ly '02
108%
107
103% 103%
10434 108%
1023s Xov'01
100% 100%
100%J'ne'02
108
108
.102
108
107
105%Dec'00
103% J'ne'02
105% 105% 105% 105%
103% 103%
103% 106%
87% J'ly '01
119% Mar'02
Daily,
and asked
this
119% 119%
week.
Weekly, Yearly
Range Since January
1902
Sales
of the
< January 1
132% J'ne'02
105% J'ly '02
94%
latest bid
;
Since
°3
Hit/h
102
102
1 1
93
Old Colony Tr Co rects
Kan C & By <fe Br 1st 5&1929 A-O
Kan CSt Jo <feCB 1st 7s.. 1907 J-J
Ft Sm Id grist 7s... 1905 J-J
Maine Cent cons 1st 7s. ..1912 A-O
1912 A-O
Cons 1st 4s
Marq Hough & Ont 1st 6s. 1025 A-O
.Mexican Central cons 4s. .1911 J-J
Jan 1939 J'ly
lstconsinc3s
Jan 1939 J'ly
2d cons inc 3s
1929 J-J
Mich Teleph cons 5s
Minne Gen Elec con g 5s 1929 J-J
New Eng Cot Yarn 5s 1929 F-A
New Eng Gas& Cist 5s. .1937 J-D
1906 A-O
New Eng Teleph 6s
1907 A-O
6s
1908 A-O
6s
1915 A-O
5s
1905 J-J
NY&NEnglst7s
1905 J-J
1st 6s
1924 F-A
Old Colony gold 4s
Greg Ry & Nav con g 4s.. 1946 J-D
1922 F-A
Oreg Sh Line 1st g 6s
Repub Valley 1st s f 6s. ..1919 J-J
1902 M-N
Rutland 1st 6s
Rutland-Canadian 1st 4sl949 J -J
1930 F-A
Seattle Elec 1st g 5s
1918M-S
Torrington 1st g 5s
4s.
RR
1
gr
<fc
1947| J - J
Union Pac
g
1911 M-N
1st lien conv 4s
1903 M-N
Vermont & Mass 5s
West End Street Ry g 5s. .1902 M-N
1914 M-S
Gold4%s
1916 M-N
Gold debenture 4s
1917 F-A
Gold 4s
Western Teleph & Tel 5s. 1932 J-J
Wisconsin Cent 1st gen 4sl949; J- J
Wisconsin Valley 1st 7s. .1909! J-J
ACTIVE STOCKS
Thursday
July 24
July 23
I
Ask Low
.
98%
M- S
Range
Last Hale
114
126
M-N
Exchanges— Stock Record,
Philadelphia and Baltimore Stock
Saturday
July V2
J-D
LE&
121%
1
Week's
Range or
A-O 101%.
A-O
A-O 105 107
M
110
10 1
MS
SW
1
J-J
Marl934 Sp 1
Income 5s
98%
82%
J'ly '02
F-A
1922
1927
si
1921
4s
BA
1949
Illinois Div 3 %s
Joint bonds See Gt Northern
Chic Jc Ry <fc Stk Yds 5s .1915
Coll trust refunding g 4sl940
Cll Mil A St P Dub D 6s.. 1920
Ch
& St P Wis V div 6sl920
Chic & No Mich 1st gu 5s. 1931
Mich gen 5s. ...1921
Chic &
Concord <fc Mont cons 4s.. 1920
Conn A Pass R 1st g 4s... 1943
1927
Current River 1st 5s
1st 4s... 1946
Det Gr Rap &
1913
Dominion Coal 1st 6s
1906
Eastern 1st gold 6s
1904
Fitckburg4s
1927
4s
M
104
102%
A-O
A-O
1913 M-N
Denver Exten4s
Nebraska Exten 4s
82
125% Aug'00
89%
90
sale
>
104
S3
07 56
120
'
120% J'ly '02
A-O
99%
99% 99%
105 % 1051-2
100
100
100 J'ne'01
138 Sep '01
105 'a Sale
deben 5s
1910
Xon-convertdeben 5s. ..1913
1st
.1917
Sioux
C
7s.
Falls
&
la
Kan C Clin & Sprlst 5s. ..1925
KanCFtScfc Gulf 1st 7s.. 1908
6S....192S
Kan C Ft Scott &
1934
Kan C M & B gen 4s
Illinois Steel
Price
Friday
July 25
Hid
102
<ilt
100
91% 99%
115% Aug'01
97%
98 is 54
sale
sale
98
82
120
1
102"" i'03%
Apr '02
104
J-J
J-J
1st g4s..Mayl920
1st 7s
1903
1st 5s
1919
1st 4s
1919
Registered Is
99% 32
94 Ha
94%
104 ^ Apr '00
1909 J-D
Debenture 5s
99
99
126% Apr'01
99% Jan '02
J-J
J-J
1st 78.191(5
ChicBurl&Q
Iowa Div
94% 95 %
M-N
F-A
3d issue 7s... 1904
Boston Terminal 1st 3 IaS.1947
Boston United Gas 1st 58.1939
1939
3d :>s
1918
Bur ift Mo Kiv ex 6a
1918
Non-exempt lis
1910
Sinking fund 4s
1917
Butte & Boston 1st 0s
Cedar Rap
6
119
Nov
A Mod
Bi>st
Low Hi
A'o
100
Sale
Sale
1907 J-D
1944 J-J
1942 F-A
'-js
January
Dec '01
A-O 102 % Sale 102% 102%
Atcli « Nebraska 1st 7s.. 1908
S Fe sen g 4s. .1905
Atoli Top
J'ly 1995
Adjustment g 4s
Boston
Boston
100
BOSTOX STOCK EXCH'GE
Week Ending July 25
.since
Last Sale
Bitt
,I-J
Am Bell Telephone 43....190S
J-J
Am Telep A Tel coll tr 4s.ll>-';> MS
BONDS
Bange
fa
179
Range tor jPrevioui
Year (1901)
1
Week
Shares
Lowest
Highest
Highest
Lowest
Baltimore
69%
26% 26%
46% 46%
*16i4 16%
09% 69%
118% 120
26% 27 14
46% 47 34
16% 16%
70
122
69% 69%
70
123
27% 27%
47% 47%
16% 16%
27%
47%
10 4
70
25
2>
76
25%
25% 25%
25% 25%
76
^74
76
76
•74%....
%
3
Philadelphia
1%
27
26% 27%
763.
75% 76
*74%....
74% 75
34% 34% 34
34%
33%6 31%8
%
50
50
50
50
G
50
27% Consol Lake Superior. .100
100
Do
pref
76
74%
"74% 75 Lehigh Coal & Nav
50
50
34% 34% Lehigh Valley
100
3% Marsden Co
*%
Xational Asphalt
50
76
4%
"4
1%
%
1%
%
79%80»i6 79i% 8
Do
1%
pref
:>
"4
1(>
4."> '-
37
*
PHILADELPHIA
Bid
Inactive Stocks
American Cement
10
Amer
7%
50
5
37
»
'36
40
>
PHILADELPHIA
Ask
7% Al Val E
Bid
American Railways... 50
47% 47%
Bell Telephone
75
47%
BergcfeEBrw
&
Steel
Cambria Iron
Camden A Trenton
Consol Trac Pitts
50
5o
10
50
Preferred
50
Danville Bessemer... 1
Diamond State Steel...
Preferred
Easton Con Electric... 50
Electric of America... 50
Elec Storage Batt
100
Preferred
100
Germantown Pass
50
5'e
Man&
Che & D Can 1st 5s '16 J-J
Choc & Me 1st 5s 1949 J-J
%
"e
1%
3%
N
Bid and asked prices
108
28%
12334
2l»%
yo
95
109
147%
48%
74
9
76
9%
10% 10%
117%
110% 110%
10 J-J
Con Trac of X J 1st 5s. '33
Del&BBk 1st 7s 05 FA
E&AlstM5s 1920 M-N
Elec & Peo Tr stk tr ctfs
Elm & Wil 1st 6s '10. J-J
2862. A-<
Eq II Gas-L 1st g 5s 1928
i£ &- B Top con 5s '25 A-i
Indianapolis Ry 4s. 1933
Phil Elec gold trust ctfs.
Trust certif s 4s
100%
& E gen M 5 g '20. A-O
Gen M 4s g 1920..A&O
Ph & Read 2d 5s '33.A-0
Con M 7s 1911
J-D
M 6s g 1911.... J-D
M 4s g '47. A-O
Con M of '82 4s '37. J-J
Ex Imp
tr
117
99% 99%
32
6'.'
121%
108%
131
125%
118%
109%
109
125
'21.
Co gen 4s 1997. J-J
Rochester Ry con os 1930
S R E Side 1st 5s g '35 J-D
U Trac Pit gen 5s '97 J-J
Welsbach s f 5s 1930. J-D
Inactive Stocks
Atlanta <fe Charlotte.. 100
100
& Fla...loo
canton Co
Georgia Sou
98
111
116
(
119
64% 66
51%
5% 6
109%
Newark Pass con
4934
5s
1
93(
Atl Coast L(Ct)ctf s 5s J-D
>
NYPh<feNolst4s'30J..J
12% 12%
Income 4s 1939. ..M-N
102% 104
90
116
99% 99% No Penn 1st 4s '36..M N
J-J 101%
GenM 7s 1903
233,„ 2i%« Penn gen 6s r 1910.. Var 120
121
..Var
107 108
1905.
Consol
6s
c
6% 7
282
1919. ..Var
Penn & Md Steel con 6
Can 7s '06. J-D
A-O
Con 5s 1939
A-O
Con 4s 1939
Penn Steel 1st 5s '17 M-N
People's Tr tr certs 4s '43
Consol 5s
Pa&NY
6%
68
;
6%
69
no sales on this day.
r
122
117
111
115
123%
111%
100% ioi"
105
BaltCPassl8t5s'llM-N
Bait Fundg 5s. 1916 M-N
Exchange 3%s 1930 J-J
Funding 3 %8 1952.. J-J
Bait & P 1st 6s m 1 '11 A-O
126
108
98%
117
73% 73%
168
165
102 % 104
49
53
99 101
82
85
17% 18
9% 10
41
42
109
123
11034
112
BaltTraclst5s..'29M-N 117
No Bait Div 5s 1942 J-D 120
Ext& Imp 5s. 1932 M-S
Chas City Ry 1st 5s '23 J-J
101
117
117
105
1
Dec
Jan
69
May
34
414
Dec
12 3 8 Jan
34% Jan
19 Jan
24 x4 J'ne
Sep
38 Dec
113
1939 J-D
5s
J'ly
'4
8% Feb
Feb
Apr
8% Feb
28% Dec
41% Dec
32% Dee
37 Jan
128% Jan
55 Apr
16
81
Bid
Ask
93
120
110
114
103
119
112
114
95
104%
121
112%
115
GaCarifcN 1st 5s g "29 J-J 112
Georgia P 1st 6s. ..'22 J-J 125%
taSo A Fla 1st 5s 1945J-J 114
53 3
G-B-S Brew 3-4s 1951M-S
43%
2d income 5s 1951 M-N
Knoxv Trac 1st 5s '28A-0 101
LakeR El 1st gu5s'42M-S 116
MetSt(Wash)lst5s'25FA 117
112%
126%
'
-
Mt Ver
Cot
Duck
1st 5s.
81
413
54
44%
82
47
5s.. Var
Npt NA-O P 1st 5s'38 M-N 109
Norfolk St 1st 5s '44. .J-J
North Cent 4%S 1925 A-O
J-J
6s 1904
Series A 5s 1926.. ..J-J
J-J
Series B 5s 1926
Pitt Un Trac 5s 1997. J-J
Poto Val 1st 5s 1941. .J-J
Sec Av T(Pitts) 5s '34 J-D
Sav Fla & West 5s '34 A-O
Seaboard A L 4s 1950 A-O
Seab & Roan 5s 1926. J-J
South Bound 1st 5s.. A-O
UElL&Plst4%s'29MN
Un Ry & El 1st 4s '49 M-S
J-D
Income 4s 1949
Va Mid 1st 6s 1906. .M-S
113
112
103
120
120
110
114
115%
118% 119%
116
112
86
114
112
86
36 %
113
.-7
97% 97%
70% 70%
108
2d series 6s 1911. ..M-S 115
1st 6s tunnel. .1911 J-J
Convertible 5s. '06 M-N
Central Ry 6s... 1912 J-J
Consol 5s
1032 M-N
J'ly 25
Incomes
Gas 1st
122%
80
Feb
62% Jan 70% Apr
28% Jan 39% May
3% Dec 7% Jan
.'it
New Orl
118
107
40
15% Mar
37% J an
Feb
45
Ga&Alalstpf5s.'45A-0
110%
1st pref
lot)
Leh V C 1st 5s g '33. .J-J 110 110%
2d pref
100
Leh V ext 4s 1st 1948. J-D 118
G-BS
Brewing
100
2d 7s 1910
M-S 126 127
Mt Vernon Cot Duck...
J-D 124%
Consol 6s 1923
Unit Elec L& P pref. 50
J-D 140 "87"
Annuity 6s
42
Leh V Traclst4s'29.J-D
Bonds
43
Anacostia & Pot 5s
10
97% 98
101% 102
Nat Asphalt 5s 1951. J-J
Atl & Ch 1st 7. ..1907 J-J 112
48% 48% Xew Con Gas 5s 194S J-D 103%
61
46
20% Dec
2% Jan
3 Mar
8
31% J'ne
82% Nov
59% May
38% Apr
%Apr
BALTIMORE
Ask
BALTIMORE
Lehigh Nav 4%s '14 .Q-J
RRs 4s g
1914. Q-F
GenM4>-28g.l924.y,-F
6
% Dec
112% Chas Ry G A- El 5s '99 M-S
101
Charl C & A ext 5s. '09 J-J
2d 7s
1910 A-O
123
v& Sub 1st 5s.. '22 J-D
109% City<fe SubCWas)lst5s'48
Col&Grnvlst6s 1916 J-J
Consol Gas 6s. ..1910 J-D
126
1
107%
Jan
58 Jan 65% J'ly
88% Jan 106% Dec
9% Jan :;o % j'ne
24% Jan 54% Sep
14 Dec 18% Mar
Apr 28
101%Mav28 126 Feb 8
24 Jan31 40% Mav29
112
Terminal 5s g 1941 .Q-F
PWiB
col
4s
JRead
115
169
Bid
Con
51
185
16S
674
PHILADELPHIA
112% 114% P
By (Ihd) con 5s '33
Ry 1st con 5s 1932
Income 5s
Westmoreland Coal. ..50
*
Ok&G gm 5s
St
Col St
93
145
(li
(Jit
8%
Fair. .50
Preferred
50
Indianapols St
100
Inter Sm P & Dynam. .50
Lit Brothers
10
Little Schuylkill
50
Minehill & Schuyl H..50
Nesquehoning
50
Haven Iron & Steel.
North Pennsylvania.. 50
Pennsylvania Salt
50
Pennsylvania Steel. .100
Preferred
loo
Philad'lphia Co (Pitts). 50
Preferred
50
Phil German & Xorris.50
Phila Rapid Transit.. .50
Phila Traction
50
Railways General
10
Snsqneh Iron & Steel..
Tidewater Steel
10
United N J RR & C. 100
Unit Pow & Trans
25
United Trac Pitts
50
Preferred
.">o
Warwick Iron & Steel. 10
West Jersey <fe SeaSh.50
1st 6s'21 J-J
122
9
P Co lst<Ecol tr 5s'49 M-S
Ask
Betnle Steel 6s 1998. Q-I
Harrison Bros pref... 100
Hestonv
Welsbach Co
Bonds
ext 7s 1910 A-O
Asphalt Co 5s 1949 trctfs
Atl City 1st 5sg'19.M-N
Balls Ter 1st 5s 1926. J-D
Iron
37
5 si
50
50
50
50
50
100
1
23
70
53
710
50
25
3
7234 Aprl8
123 J'ly 23
28 % Apr 20
503 8 Jan 2
17 Mai-15
Mayl7 27% J'ly 25
Jan 10 83% Apr 2
Jan 16 60% Apr 10
21%Mar20 36 Apr 2 9
66% Jan 3 80% Apr 29
71 Apr 15 78% Jan 2
33% May 17 3834 Jan 2
2% Feb 3 4% Jan 2
% Jan 29 1% 6 Feb 7
% Apr 2 2% J'ly 9
73% Jan 14 80% J'ly 25
3 3 8 Jan 27
5% Apr 10
2934 Marl 1 34% 6 J'lyl8
40 Mar 6 43% J'ly 17
30 Jan 14 37 Apr 22
243
103
199
215
200
105
116
2SS
50
801-2
;>
%Feb
Alkali
pref
Do
i.'ambria Steel
Choc Ok <fc
trctfs....
Do pref tr ctfs
80% 80% 79l%6 80', 79"i6 80% Pennsylvania RR
u i6 7,11 16 5l%«
"„
5%
5%
5%
5 4
5% 5% Philadelphia Electric.
33% u 33l% e 33%« 3I% 6 33% 34
33% 6 33i3i 6 33%e 33% Reading
Do 1st pref
43 l4
43% 4334 4334 43% 43% 43 4 43% 43% 43% 4:'.
Do 2d pref
36% 8 3Gi3 la 30% 30% 3b»i6 36i3
36%%
36% 36% 36% 36
45% 46 Union Tracton
"44% 44% 44% 44% 44% 44% 44% 45
41%
109
United
Gas Impt
109
109
109%
109
109
109%
109%
109%
109% 109% 109%
3a
'4
%
78"i6 80%
5% 5%
33i%6 33i%,i
62 14 Jan 28
1,525
% American
'26% 27%
27% 27%
76
S2
34%
34% 34%
3% 3'4
26%
25% 26%
27% 28
27% 28%
28
76
•74% ....
34% 34%
10O
*
-%
3-2
Consolidated Gas
70
50
123% 125 Northern Central
116 104 Jan 7
27% "27% 27
100 8,095 23% Jan 24
27% Seaboard Air Line
Do pref
100 2,550 44 Apr 2
47% 47% 47% 48
16% 16% *16% 16% United Ry & Electric. 50 1,200 14% Jan 27
'123
119
121
3d series 6s 1916.. M-S
4th ser3-4-5s 1921. M-S
5th series 5s 1926. M-S
120
116
116
101% Va (State) 3s new '32. J-J 95% 06%
96%
Fund debt 2-3s 1991. J-J 96
West N C con 6s 1914 J-J 118
113%
113
J-J
WesVa C<feP 1st 6g'll
Wil & Weld 5s-.1935.J-J 118
)
A..
. )..
....
.
THE CHRONICLE.
180
%xmtsimmt
LXXV.
[Vol.
%nUUx%mu.
attd |iJaiIroad
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from July 1 to and including such latest week or month.
The returns of the
street
railways are brought together separately on a subsequent page.
Latest Gross Earnings
ROADS
or
Week
Month
Current
Year
$
Adirondack
Ala Gt Southern. 2d wk July
16,122
38,280
July 1
to
Latest Date.
Previous
Current
Year
Year
Previous
Year
$
$
$
033
Latest Gross Earnings
1
ROADS
Week
or
Month
July 1
Previous
Year
Current
Year
Date.
Current
Year
Year
*
—
*
s
186,892
76,465
Latest
to
urns
177,741 Mexican South'n IstwkJuly
20,559
21,375
20,559
21,375
36,038
68,924 Millen & So'w'n.. May
2,914
3.223
as
Pacific.
lex
55,029
539.042
AlaN () <fo
548,270
53,861
Mineral Range.. May
160,528 148,444 2,023,260 1,929,814 Minneap A. StL. 2d wk July
& No East.
73,531
137,188
133,912
71,230
69,247
63,437 1,019,932
920,669 M 8t P <fe S St M. 2dwk July
240,870
188.037
Ala <te Vicksb'g JuiiO
96,940
121,762
63.161 1,080.252
Vicksb Sk& P.
80,888
896,936 Mo Kan <fc Texas 3n wkJuly
808,940
796.998
291,713 286,058
Inc. 50,897
Allegheny Valley
Mo Pac & Iron Mi 3d wkJuly 633,000 678,000 1,751,000 1,857,000
89,711
'Jd wk July
30,040
29,809
90,860
32,000
47,000
88,000
19,000
Central Branch 3d wk J uly
7,382
5,902
76,506
59,458
Ann Wash & Bal.
3d wkJuly 652,000 710,000 1,79b, 000 1,945,000
Total
AtchTop&SFe. May
4,911,389 4,837,478 54,690,804 49,857,388 Mob Jack & K C. 3d wkJuly
2,805
11,974
8,178
3,958
Atlanta & char..
229,669 213,680 2,483,355 2,386,539 Mobile <fc Ohio..c June ...
530,133 481,026 6,501,227 6,139,912
573,902
154.110
AtlKnoxv &No.
54,408
42,805
439,628 NashCh & St La. IstwkJuly 154,446 129,963
129,963
147,470
Atlantic & Birm
15,913
312,121
274,266
8,026
83,198 Nat'lRy. of Mex 24 wkJuly
153,133 143,895
Atl Coast Line...
846,762 714,999 7,633,030 7,163,174 Nev-Cal-Oregon
143,045
137,732
14,738
17,413
'JO, 063
Atl Vald & West.
21,384
19,325
269,977
235,045 Nevada Central
2,763
34,873
2,919
Bait is, Ann SL.. May
97,014
8,297
8,435
83,636 N Y C & Hud Biv June
70,800,000
5,893,359
66,333,100
5,803,862
Balt& Ohio
>
370,758 493,522 5,194,651 4,819,814
4,379,560 4,023,127 51,077,116 47,114,430 N Y Ont <fe West.
B & O Southw. i J une
163,016 213,772 2,474,267 2,291,590
N Y Susq & West
146,337 117,176 1,568,479 1,322,117 Norfolk & West'n 3d wk July 363,494 295,632
Bangor & Aroost
975,507
828,485
1,985
1,979
Bath & Hainnion
32,884
37,706 Northern Central
710,565 679,965 7,797,246 7,329,146
Bella Zanes & Oin
16,513
15,995
3,571,862 2,915,277 42,305,911 33,960,859
North'n Pacific.
4,705
4,285
Bellefonte Cent'J
57,961
42,479 Nor Shore tOal)...
59,369
63,981
Bridgt & Saco R.
3,16b
3,245
37,689
36,956 Pacific Coast Co.
395,933 430,046 4,551,914 4,670,709
Bull Attica & Arc- May
2,704
2,582
24,416
25,007 Penn— EastP&E*
9,901,838 8,402.038 92,207,518 84,723,318
Bun Roch& hilts: 3d wk July 140,677 125, b73
inc. 7,1 05,700
385,365
377,619
Inc. 66 8,300
WestP&E.$...
Bullalo &Susq...
73,724
65,792
772,157
659,338 Pere Marquette. 2d wkJuly 163,791 170,748
348,905
335,112
No
Rap
&
399,700
399,772
Burl C
4,959,604 4,559,003 Phila & Erie
595,586 589,394 6,313,800 5,577,187
Canada Atlantic February.. 123,195 106,871 1,187,097 1,172.246 Phila Wilm &B.. May
10,884,732
10,599,032
1,029,258
1,085,658
Canadian Pacific 3d wk July 681.000 634,000 2,004,000 1,868,000 Pine Bit Ark.B... May
32,720
25,633
1,528
2,088
18,059
163,584
Cane Belt
5,205
51,338 Pittsb C C & St L
1,834,111 1,589,801 21,772,672 19,380.219
132,750 118,250
287,600
Cent'l of Georgia 2dwk July
236.200 Pittsb & West'n. March.
326,491 367,798 3,210,005 2,910,210
47,850
52,410
Cent'l New Eng. March....
44y,309
534,035 Plant System— \
1,196,124 1,316,044
Cent'l of N Jersey
Ala Midland.
Central Pacific.
1,712,012 1,754,871 18,560,830 17,8*20,520
Brums & W'n.
712,568 609,441 7,769,135 7,349,631
Chattan South'n. lstwkJuly
1,824
1,409
1,824
1,409
Chas&Sav... f May
Chesap & Ohio... 3d wk July 242,076 309,316
654,260
885,229
Sav Fla & W.
Chic & Alton Ry.
703,826 747,15b 8,498,023 8,278,927
SilSOc&G..
Chic Burl <te Quiii May
4,477,263 4,345,-b, 49,318,501 45,963,032 Reading Co.—
Illinois.
Chic
352,836
3d wk July 116.936 104,458
313,458
2,274,634 2,574,734 27,609,76/ 25,720,336
Phil & Bead....
ChioGt Western. 3d wk July 120,74b 131,797
360,695
382,016
1,166,812 2,840,616 26,327,767 26,315,338
Coal&IrCo.... May
Chidnd&L'v... 2d wk July
5,415,350 53,937,534 52,035,674
88,469
82,410
173,705
161,731
3,441,446
Tot both Co's.. May
960.755
Chic Milw & St P
3,484,399 3,232,192 41,739,407 38,813,022 Rioh Fr'ksb & P . May
139,960 124,953 1,042,039
537,0-2
45,983
525,788
Chic & North W'u June
4,000,368 3,913,102 46,731,387 43,323,515 Rio Grande Jet.. May
47,282
Chic Peo& StL.. June
24,5, b
19,263
122,102
97,701 1,448.324 1,343,881 Rio Grande So... 2d wkJuly
9,659
12,960
April
Chic
2,119,178 1,972,937 24,205,172 21,824,999 Rio Gr'de West.. June
454,400 449,400 5,341,154 4,908,081
& O.
1,560,5,2
Chic St P
876,877 797,269 10,872,717 9,827,730
March
Chic Term Tr RR 3d wk July
32,293
30,020
95,790
105,538 101,205 1,344.511 1,403,160
90,060 St Jos&GrI
11,563 /1 2 12, 508
139,368
Choc Okl & Gulf* ithwk Mai
89,707
A25.595
75,378 4,054,742 2,877,751 St Louis & Gulf. June
214,516
98,861
CinNO&TPac. 2d wk July 102,111 85,861
16,558
198,446
179,619 StL&NArk
19.985
739.422
689,736
ClCinCh& StL. 2dwk July 325,558 354,710
655,186
709,420 St L <fc San Fran g 2d wkJuly 399,175 381,714
;i-.;
350,0-7
329,570
Peoria <te£ast'u id wk July
41,886
83,359
45,457
90,914 St L Southwest
3d wkJuly 128,806 112,
171,175 2,131,164 1,996,817
Colorado & South 2d wk July 110,962 108,927
228,424
185, 1'Jl
215,310 StL Van&TH..
ColNewb & Lau. May
14,260
169,020
195,632 189,664 2,362,160 2,486,639
11,877
162,921 San Ant & A P...
Col Sand & Hoclt Jd wk July
25,326
24,338
48,855
43,782 San Fran
118,278 102,218 1,132,580 1,039,001
P..
Cornwall
9,291
10,295
103,739
98,543 San Pedro Los AnCornwall &Leb..
13,139
27,181
19,532
30,735
307,656
248,716
geles & Salt L. February..
Cuniberl d Val ej
/712.568 ^609,441 7,769,185 '7,349,631
109,636
95,229 1,193,99 b 1,080,880 Sav Fla <fe West..
422,567
428
Denv. &RioGr. / id wkJuly 351,400 328,200
2d wkJuly 203,429 197,: i57
999,400
980,500 Seaboard Air L.. May
25'
261,959
20.428
nio G'r. West. 5
18,173
SoC&GaExt...
2.493
70,946
Detroit Southern. 2dwk July
20,122
17,541
39,352
31,961 So Haven &. East.
6,390
139,662
627.396
64,442
50,674
88,977
Det <fc JMackiuac. May
76,882
798,307
785,714 Southern Ind
June
'<>
52,194
DulSoSh&Atl.. 2dwk July
57,164
111,934
102.091 So Pacific
6,941.974 7T.O, 9,00b 70,959,651
6,83b.. May
15,2.;
May
33,760
Erie
3.321.22& 3,641,472 37,016,465 35,549,695
mi & Colo. May
7,50-1
0,830 17, -20. 526
Evansv & Indian 3d wkJuly
8,175
20,931
20,383
1,712,012 1,75
antral Pacific •May
7,251
28,810
29,516
83,684
2,802
Evansv & I'll... 3d wk July79,543
Dili ct Nav. Co. May
2,711
F'rchild<teN'r'e'n June
3,] 59
550,949 681.203 6,621,007 6,422
Gal Har & S A.
23,389
24,928
68,856
Farniv& Powhat May
7,886
6,217
58,335
Gal Hous A No May
10,386
187,052 168,548 2,040,-01 1,932,610
18,004
FtW& Denv City May
UulfW. T. &P. May
839,02
790,373
66,796
142,031 129,455 1,848,839 1,716,893
ilcui.s. E.&KT.T. May
61,81
Georgia RR
174,1,3
1 1,32"
208,478
16,191
97,623 1,250,876 1,203,811
11 hum. & Shrev. May
Ga South & Fla..
105,468
5,316.590
417,739 4,8i340,836
338,112
Gila ValG A, N.. .May
32,824
llous&TexCen
359,848
33,018
...
3,208
Gr Trunk System 2d wkJuly 579,107 513,039 1,161,298 1,055,511
Iberia & Verm. May
4,039
186.12!.
147,515 1,781,790 1,541,807
68,316
GrTr. West'u. 1st wkJuly
85,295
85,295
68,316
Louis' a West... May
DetGrH&M.. IstwkJuly
425,335 698,366 6., 78,763 7,399,019
24,527
24,381
24,527
24,381
Morgan's L & T May
26,529
Great North'n —
22,603
N. Mex.& Ariz.. May
^ti:*,b:>7
27,001
343,8333,777
St P Minn &M >
N YT&Mea ..
June
2,515,565
35,190,935
3,072,879
26,903,971
202,
317.670
B
East, of Minn
Oregon & Calif. May
50,275
May
122,521
169.455 1,772,278 2.151,648
45,967
Montana Cent']
Total system.
So I'ac of Cat .. Sla;
1,852,136 1,741.052 19,900,757 17,446,260
3,195,400 2,685,020 36.963,213 29,055,619
77,385
May
Gulf&ShipIsland May
127,856
78,533
99,226 1,260.107
933,680
So. Pac.
1115,473
309,602 412,374 4,296,217 1,000,548
Hocking Valley.. 2d wkJuly 1-6,711 111,465
222,930
So Pac of Ariz. May
242,071 2,352,860 2,193,790
169,051
Hous & Tex Cent May
359,848 417,739 4,812,082 5,:; 10,590
So Pac 01 is M May
'3,731
May
262,018 272,361 2,7-_
Illinois Central.. June
3,261,486 2,910,434 10,782,198 36,900.460
Tex& NOrl
1,091
,226,761
712,501
648,406
1
Illinois Southern June
12,195
9,216
135,126
1,986 Southern Ra1lw'\ 2d wk July
1,576.013
123,988 1,689
140,851
Int & Gt North'n 3d wkJuly
214,665 Terre H & Ind . June
68,209
74,546
196,807
5436.09b
543.318
40.139
90,'iOO
Interoc (Mex)
WkJuly 5
90,200
71,316
71,316 Terre H & Peor.. June
17,798
1 fc.325
8,899
6,918
Iowa Central
42,494
95,112
2dwfc ,lul>
2d wk J uly
48,732
80,111 Texas Central .
1,
476.522
463,1
Iron Railway.... June
59.
6,265
5,262
82,623
Texas & Pacific. :>d wkJuly 162,443 173,250
10.600
147
129,500
.May
11,500
Kanawha & Mioli 3d wkJuly
15,646
36,414
.3 11 Tex S V & N W
11,806
95,228
133
9,790
13,477
Kan City South'n May
506,939 475,817 5,096,715 -1,1*4,580 Til ton Thorn. &G. May
52,091
152, = 65
174,141
wkJuly
58,352
Lehigh Val RR.. May
3d
1,9 11,391 2,274,323 25,511,269 23,880,212 Tol & Ohio Cent
20.03O
-11.-07
41.126
20,535
Leh Val CoaL Co. May
929,292 1,946,723 19,710,610 18,799,847 Tol P &. West .... 2d wkJuly
126,636
;jit wkJuly
53,265
45,042
144,954
Lexing «te East'n. May
33,161
384,983
323,663 Tol StL &
42,047
16,483
7,841
7,424
15,734
Inc. 62 9,260
Long Island
Inc. 76 ,241
Tor Ham <fe Butt. 2d wkJuly
Lou.Hend.&St.L. June
097,078
53,527
668,434 Union Pac BR t
57,89b
39,964,132
3,710,057 3,619,341 13,63
Louisv dt Nashv. 2d wk Jnly 601,165 525,085 1,166,200 1,004.360
OregBK&N \ May
Macon & Birm. June
10.355
6,051
125,392
108,381
Oreg Sh Line.
3d wkJuly 400.832 363,293 1,101,273 1,006,365
Man'tee&Gr.Rds
16,600
Wabash
9,401
3,253,034
272, 35o 3,413.73
29
Manis & No East
30,091
Jersey & Sea'e May
26,506
L.480 3.519.551 2,954,105
June
Manistiquo
313,163
85,884
13,557
12,410
97,368 Wheel & 1. E
1
.602
Slay
Mary land & Penn March
20,622
19,536
195,232
179,255 Wichita Vallej
119.1O0
1
.254
10.98J
10,069
JMexicau Central 2d wkJuly 1345,875 335,408
640.PJ7 Wm'sport&N.Br. May
,698,539
5 10,528
123,000 11'!
Mexican lntern'1.
535,387 485,246 5,14i,b8;i 4,0.
Wisconsin Cent. 3d wkjulj
151, 1-2
L33
WkJuly 5
9,649
67,900
95;ooo
84,900
72,800 Wrightsv & T'n.. May
6.595,309 6.127.941
454,413 361
Yazoo & .Miss. V. June
15,
.
NO
.
.
!
&E
RI& Pac
M
.
J
&N
1
.
,
1
1
1
1
1
1
1
1
<
.
1
1
.
.
.
W
. .
.
.
W
1
1
* Figures from Dec. 1 are tor the railroad only.
& Covers results on lines directly operated.
fMexican currency, alncludes Padueah & Memphis Division from .Inly 1 in both years, t Results on Monterey & Mexican Gulf are
Included from March 1, 1902. but for no part oi laOi.
e covers Lines direotlj operated, inoludins; the Buffalo & Alle'y Val. Div.for both years.
mshlp Une, not previously reported, are
includes the Houston «t Texas Central aiai its Miibsidian line
intjs u mo Croinw
i-.ira.
tl Includes St. Paul ^v Duiuth tor both
now also included.
c Results on Montgomery Division an- ini luded in both years.
/These figures are the results on the Ala. Midi., BrunswioH & West., Charles. & Sav., Sav. Fla. & West'n and Silver Springs Ooala .vc GjsXo
A From May, 1902,
>m.8ystem aud Ft, Worth Jc R. G.
q These flirures Include, besides the St. L. & S. b\ proper, the Kan. City Ft. includes sundry acquired roads.
i*
1
1
July
THE CHRONICLE.
36, 1902.]
Totals for Fiscal Tear.
In the full-page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
still have their own fiscal years.
brought together in the following.
Latest Gross Earnings.
Period.
Roads.
AUegfceny Valley
Atlanta <te Charlotte Air .Line.
Bellefonte Central
Burlington Cedar Rap. & No.
Central of New Jersey
Chattanooga Southern
Chicago & North-Weeteni....
Chicago Rock Island & Pao..
Chlo. St. P. Minn. & Omaha.
i
Jan. lto May
Apr. lto Apr.
Jan. lto June
Jan. lto May
Jan. lto May
Jan. 1 to July
31
30
30
81
31
7
Current
Previous
Year.
Year.
Ino.
229,669
28.455
2,076,712
6,441,963
52,456
4,000,368
2,119,178
June 1 to June 30
Apr. 1 to Apr. 30
Jan. lto May 31 4,500,811
Choctaw Oklahoma & Gull.. Nov. lto Mar. 31 2,297,157
Jan. lto June 30
557,874
Cumberland Valley....
Jan. lto May 31
898,295
It. Worth A Denver City
& Gt. North'n. Jan. 1 to July 21 2,417,316
148,995
Manistee & North Eastern... Jan. lto May 31
51.255
Jan. lto June 30
Manlstique
Jan. lto July 14 10,942,648
Mexican Centralt
Mexican International
Jan. lto Apr. 30 2,111,196
Jan. lto July 5 2.540,400
Mexioan Railway
372 015
Apr. lto July 7
Mextoan Southern
Jan. 1 to July 21 18.621,383
Missouri Paoiflo
513,210
Jan. lto July 21
Central Branch
Total
Jan. lto July 21 19,134.593
National RR. of Mexico
Jan. lto July 14 4,495,597
Jan. lto May 3i 3,480,992
Northern Central
Pennsylvania. East of P.&E..* Jan. lto May 31 4rf,823,817
Ino.
West of P. & E
,.... Jan. lto May 31
Pere Marquette
Jan. lto July 14 4,942,589
Philadelphia & Erie
Jan. lto May 31 2.508,819
Phila. Wilm'g'n & Baltimore. Nov. lto May 31 6,754,756
Pitts. Ctnoln. Chic & St. L... Jan. 1 to June 30 10,839,374
26 -',822
Rio Grande Junction
Deo. 1 to May 31
1,388,232
8t. L. Vandalla & Terre H.... Nov. 1 to June 30
South Haven & Eastern
28,695
Jan. 1 to June 30
Terre Haute & Indianapolis.. Nov. 1 to June 30 1.106,874
343,728
Terre Haute & Peoria
Nov. lto June 30
Texas <fc Pacific
Jan. 1 to July 21 5,675.916
West Jersey & Seashore...... Jan. lto May 31 1,227.628
Wichita Valley
23,543
Jan. lto May 31
International
102,933
213,680
22,498
1,948,417
6,589,837
41,500
3,913.102
1,972,937
3,987.452
1,805,684
495,408
853,911
2,578,072
152.348
58,833
9,505.707
1,959,983
2,268,100
248.438
17,986,756
686,136
18,672,892
4,138,619
3,283,592
39,968,717
2.649,800
4 567,752
2,387,061
6 625,156
9,751.057
251,366
1,309,210
24,522
1,016,058
358,974
6,023 993
1,163,728
26,431
Net Earnings Monthly to Latest Dates.
—
Gross Earnings.
Ourrent
Previous
Year.
Roads.
Cumberland Val.b.June
—
week
last year.
3d week of July.
Ann Arbor
1902.
& Pittsb'g.
Buffalo Rooh.
Caiadian Paclno
Chicago & East. Illinois.
Chicago Great Western.
Chlo. Term. Transfer
Denver & Rio Grande
Evansv. Ss Indianapolis.
Evansv. & Terre Haute.
Intern'l & Gt. Northern.
Kanawna &, Michigan...
& Iron Mt....
Mob. Jackson & K. City..
Mo.
St.
Pacific
Louis Southwestern..
& Pacific
Toledo & Ohio Central..
Toledo St. L. & West
Texas
Total (23 roads)
Net increase (2-29
*
$
30,040
140,677
681.000
242,076
116,936
120,748
32,293
*351,400
1901
*
Increase.
$
29,809
125,873
634,000
9
231
14.804
47,000
309.3U
67,240
12,478
29,516
68,209
11,806
291,713
633,000
19,000
3,958
363,494
128,806
162,443
5*,352
53.265
400,832
123,000
104,458
131,797
80,020
*328,200
8,175
28,810
74,546
15,«46
286,058
678,000
32,000
2.H05
295.63?
112,983
173,250
52,091
45,042
363,293
117,275
4,070,128
3,979,079
248,933
91,049
.7,564
p. o.)
.
Decrease.
11,049
2,273
23,200
611
706
6,337
3,840
5,655
45,000
13,000
1,153
67,862
15,823
#
10,807
6,261
8.223
37,539
5,725
157,884
For the second week of July our final statement covers
and shows 2*31 per cent increase in the aggregate
over the same
week
last year.
2d vocck of July.
1902.
Previously rep'd <30rMe)
Alabama Gt. Southern..
Chlo. Ind'plls & Louis v..
Oin. N. O. & Texas Pac.
Clev. Cln. Ohio. & St. L..
Colorado
&
Southern
Ool. Sandusky & Hook'g.
Duluth 8o. Shore
LouisvUle
&
& At..
Nashville..
Minn. St. P. AS. Ste. M..
Pere Marquette
Rio Grande Southern
8t, Louis <te San Fran
Texas Central
Toledo Peoria & West'n
Toronto Ham. & Buffalo.
.
Net increase (2*31
p.o.)..
1901.
$
$
4,817,323
38,280
132,750
83,469
102.111
325,558
41,886
110,962
25.326
20,122
57,164
601,163
345,875
121,762
163,791
12.960
399,175
208,429
712.501
6,918
20,535
7,424
4.837.596
36,038
118,250
82,410
85,«61
354,710
45,457
108,927
24,338
17,541
52,194
525,085
335.408
96,940
170,748
9,659
381,714
197,957
648.406
8,899
20,930
7,844
8,355,436
8,166,912
Increase.
9
238,152
Decrease.
$
258,425
2,249
14,500
6,059
16,250
Year.
Year.
9
ft
& No. E...May
6,051
6,092
May 31
80,253
30,460
10.404
North Shore (Cal,).. June
9,317
23,765
Apr. 1 to June 30
25,242
333,976
332,309
Pitts. C. V. & St. L.. June
1,917,487 1,735,187
Jan. 1 to June 30
22,710
21,971
San Fran. & No. Pac. June
273,094
273,114
July lto June 30
* After allowing for other income received.
Jan. 1 to
*
5,513
47,578
23,081
46,405
157,832
924,864
12,707
28,173
Previous
Year.
9
8,148
44,939
11,599
14,197
103,339
861,639
3,160
64,466
street railways and traction companies.
Latest Gross Earnings.
Gaoss
Our'nt
Prev'us
Year.
Year
& Eleo. February
American R'ys. Oo.|. June
May
Blnghamton RR
11,415
101,158
17,193
9,293
79,737
15.678
Br"klyn Rap.Tr. Co.
Canton-Massillon Ry.
Charleston Cons. Ry.
Gas & Eleo
"ihloago & Mil. Elec.
Cin. Dayton &Tol. Tr.
Cin. Newp. & Cov. Ry.
Citizens Ry. <fc Light
(Muscatine, Iowa).
3lty Elec. (Rome.Ga.)
Cleveland Eleotrlc ..
Oleve. Ely & West...
Oleve. Palnsv. &E...
Oart.& W'port St.Ry.
Denver City Tram.. .
Detroit United
Detroit & Port Huron
Shore Line
Ouluth-Sup. Tract.
1,156,346 1,075,576
Week or Mo
Earnings.
Alton Ry. Gas
May
May
.
May.
June
June
May.,
June
lune
June
June
June
June
,
April
wk
18,944
12,913
77,457
17,750
40,521
77,075
38044
June
Ourrent Previous
Year.
28,050
508,258
74,266
Year.
19,265
403,352
69,534
5,087,491 4,782,218
56,202
17.252
78,939
65,460
69,841
344,604
312,436
6,874
8,589
4,268
20,777
20.264
214.985 199,69(3 1,176,014 1,053,134
25,198 22,236
128,392
107,026
17,747 15,749
79,557
65,450
11,805 11,269
52,980
49,494
124,516 116,356
481,348 435,296
July 70,641 65,254 1,737,275 1,503,206
Galveston City
April.
Georgia Ry. & Eleot. May
tfarrlsburg Traction.
Jan. lto Latest Dale.
75,395
2d wk July
8,667
8,177
June
48,125
38,857
Duluth St. Ry....
Elgin Aurora & Sou June
33.874 32.614
.
lnternat'1 Traction—
(Buffalo)
March.
Lake Shore Eleo. Ry. May...
LieHigh Traction
June ..
London St. Ry.(Can.) AprilLos Angeles Railway May...
Mad, (Wis.) Traotlon. June ..
10,533
107,716
41,867
8,365
90,284
37,192
245,568
29,293
11,401
9,496
97,302
203,029
244,239
186.456
88,9^0
501,110
213,321
155,117
207,303
167,648
30,459
416,413
174,078
731,650 693,319
156,496
114,623
53,482
59,679
39,188
36,192
569,404 430,116
36,462
1,560 465 1,475,793
936,612 845,464
966.011
899.495
40,455
32,525
20,83*
17.994
318.937 268,967
575,414 503,313
366,566
11,222 '"ii"6o4
31,688
30,848
Paciflo Eleotrio
April..
256,341
38,219
6,420
9.942
132,317
8,321
430.336
152,614
187,662
10,648
5,233
67,931
91,219
81.426
3.994
8,533
41,508
Philadelphia Co.l
Oonsol.Tr. (Pitts
June
1,076,850
Union Trac, June
14,824
17,401
76,163
75,603
26,370
1,561
22,641
1,547
116,061
10,422
91,731
9,920
April..
flass. Eleo. Co.'s
West Side
Kiev..
..
..
Sew Castle Traction. April..
Sew London St. Ry.. May...
Nforthern Ohio Tract.
Northwestern Elev..
Oakland Trans. Cons
Ulean St. Railway...
Orange Co. Traotlon.
June
June
May
..
..
. .
March.
May...
403,179
129,269
180,926
8,720
4,613
58,191
80,335
8,835
7,994
958,827 6,850,466 6,063,132
United Tr. (PittsB.)>
Pottsv'e
Roads
2,035
June
June
Light Go's
,
.
Sacramento Electric
Gas& Ry
June
Louis Transit.
June
Sioux City Traction.. June
South Side Elevated. June
Toledo Bowl. Green
,
St.
988
2,581
4.970
76,0s0
10,467
24,322
6,957
>-
1,981
395
420
489,475
188.574
Ourrent
Year.
Railways Co.Gen.—
29,152
3,571
3,301
17,461
5,472
64,095
Year.
.
Previous
Road*
Manistee
—
Ourrent
June
Montreal Street Ry.. June
51 roads,
Year,
*
95,229
495,408
97.623
Interest Charges and Surplus.
-Int., rentals, etc.
^Bal. of Net Earn' *.-.
Met.
Including Rio Grande Western.
A et learnings.—^
Current Previous
CCA
.
••*.
,
109,636
46,019
33,848
557,874
198,311
158,356
105,463
Ga. South. & Fla.a.June
20,670
20,907
1,250,876 1,203,811
July 1 to June 30
294,970
300,667
Gulf & Ship Isl. ..a May
127,856
99,226
48,287
21,307
July 1 to May 31
1,260,107
933,630
400.237
211,741
26,506
Manistee & No. E.a.May
30,091
11,564
14.238
148,995
152.343
Jan. lto May 31
77,831
75,399
Manlstique. b
June
13,557
12,410
8,819
7,202
51,255
Jan. 1 to June 30
58,833
26,452
80,885
Missouri Paoiflc.b..May g2,955.879g2,824,180 gl,035,382 g935,945
Jan. lto May 31....gl4450871gl4039879 g4,233,739g47872,585
North Shore (Cal.).. June
63,981
59,369
33,485
20,916
Apr. 1 to June 30
159,779
142,903
75,170
39,439
Philadelphia Company— See statement on next page.
8t.L.a June 1,834,111 1,589,801
Pitts.
491,808
435,648
Jan. lto June 30... .10,839,874 9,751,057 2,842,351 2,596,826
Fred.
Pot..
Kloh.
&
May
139,960
124,953
63,322
61,197
July lto May 31
1,042,039
960.755
398,078
374,395
118,278
Ban Fr. AN. Pao. a. June
102,218
85,417
25,131
July 1 to June 30... 1,132,580 1,039,001
301,267
337,580
southern Railw'y. a June 3,016,116 2,698,626
788,726
584,975
July 1 to June 30... 37,712,248 35,697,772 10,865,411 10,604,353
* «et earnings hereglven are after deducting taxeB.
h Vet earnings here srlveu are before deducting tax**
g Includes Missouri Paoiflo & Iron Mount'n and also Cent'l Branch.
These figures include the Buffalo & Allegheny Valley Division In
both years, t The operations of the Monterey & Mexioan Gulf are
included from March 1, 1902.
Latest Gross Earnings by Weeks. In the table whioh
we sum up separately the earnings for the latest
The table covers the third week of July and
week.
shows 2*29 per cent increase in the aggregate over the same
.
Year.
SB
Jan. 1 to June 30
*
follows
181
300,901
& South. Traotlon..
Toledo Kys. & Light.
Toronto Railway
rwin City Rap. Tran.
Onion (N. Bedford)..
United Traction— >
Albany City \
United Tract. (Pro v.)
Wash. Alex. & Mt.
Vernon Ry
1
.
36,702 34,473 219,474 193,815
557,114 510,541 3,014,588 3,786,637
95,910
21846 19,598 113,335
712,368 668,957
114,674 104,467
May
63,985
91,251
20,087 13,732
671,284 598,928
122,683 112,901
2dwk July 35.342 34,760
2d wk July 78,621 63,311 1,322,743 1,539,950
146,870 118,501
June
30,713 25,343
131,992 125,784 724,290 624,416
June
May
267,436 221,541 1,109,785 939,296
June
|june
17,313
15,457
These are results for properties owned.
Results now inolude the Pittsburg Railway
solidated Traotlon
and
a Decrease is.owlng
all the other
to. strike.
Co.,
operatingthe Con-
controlled properties In Pittsburg.
—
-
,
Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of Jnly 19, 1902. The next will appear
in the issue of August 23, 1902.
Gross Xarnwgs.——.
Ne t Earnings.—
Current Previous
Ourrent Previous
—
—
—
Tear.
Roads.
Olev.Painesv.A E... June
Jan. 1 to June 30
Tear.
%
Tear.
Tear.
9
17,747
79,557
(Muscatine,
la.)
-June
15,749
65,450
8,227
34,858
6,874
2,264
16,067
170,190
107,007
598,287
31,042
133,575
Det.&Pt.H.Sh Line June
36,329
185,468
July 1 to June SO....
Montreal St. Ry
June
187,662
180,926
1,445,180 1,355,026
Oct. 1 to June 30
North. OhioTrac.a June
67.631
58,191
Jan. 1 to June 30
318,937
268,967
Sacramento Electric Oas
& Railway Co
June
36,702
34,473
Feb. 1 to June 30
185,869
166,709
Cincinrali Dayton & Toledo Ti action
June
40,521
Toledo Rye. & Light June
122,683
112,901
Jan. 1 to June 30
671,284
598.928
Twin City Rap. Tr.. June
309,884
279,276
Jan. 1 to June 30.... 1,666,440 1,457,533
7,714
29,222
19,655
103,109
19,526
57,540
318,903
178,516
886,070
26,068
104,510
17,903
86,269
-
»
>»>•
58,979
295,527
154,610
769,205
Roads.
Ry
June
June 30
Northern Ohio Trac. June
Jan 1 to June 30
Sacramento Electric Gas
June
&, Railway Co
Feb. 1 to June 30
Twin City Rap. Tr.. June
Jan. 1 to June 30
t
St.
1 to
Tear.
9
19,392
144,299
14,021
77,556
10,156
53,910
t76,233
1456,584
—
r-Bal. of Net Xarn's.Current
Previous
Tear.
Tear.
Tear.
s
9
9
14,273
87,615
68,871
Int., rentals, ete.
Ourrent
>
Previous
458,988
17,021
56,019
90,268
10,123
63,493
9,499
49,199
102,283
429,536
9,345
46.723
174,133
t434,728
423,288
15,915
41,017
8,558
39,546
80,477
331,477
Including dividends paid on preferred stock.
Philadelphia Company.}
Results now include the Pittsburg Railways Co., operating Ike Consolidated Traction and all the other railroad properties controlled in
Pittsburg.
.
June.
1902.
1901.
»
i- Jan. 1 to
1902.
0*
sX;
sL;
June
30.
—
1901.
4(
GrosB earnings
1,076,850
Operat'gexp's and taxes. 687,271
958,827
526,629
6,850,466 6,063,132
3,658,097 8,100,082
Net earns, from oper't'n 389,579
Otherinoome
77,270
432,198
16,6t0
3,192,369
849.934
2,963,050
326,362
466,849
76,522
448,858
33,187
4,042,303
454,121
3,289,412
217,839
3 90,327
41 5,671
3,588.182
3. 071.573
Tot. earns.
A other ino.
Deduot'nsfrominoome*.
Total Income
Interest on funded debt.
Dividends on pref. stock.
Net income of oomp'y..
Prop.tooth.thanPhil.Co.
whicb $113,977 due on contracts, $23,000 of
RecHvts—
1901.
Credit Jan. 1
§32,547
26,485
$22,789
44,65 ts
09,071
11,746
10,103
8,761
41,502
85.3 f 6
16,001
10,206
4,650
$225,216
$183,688
On contr'ts & deeds.
On timber sales.casb.
& bills receivable..
Interest on contr'ts.
Other interest
Mining leases, etc...
Bills receivable
1,388,733
668,712
989,980
694,959
823,169
264,408
2,067,445
1,584,939
67.158
151.268
1,520,737
1,4 '6.634
35
77,762
2,148
153,915
def.
67,193
73,506
*
1,518,589
1,332,719
These deductions Include the following Items Rentals of leased
companies, interest on current liabilities and tenement expenses.
J Includes Consolidated Oas Co. of Pittsburg, Allegheny 111. Co.,
Allegheny County Light Co., Ohartlers Valley Gas Co., Union Gas
Co. of MoKeesport, Equitable Gas Co., Pittsburg Railways Co.
$f'44,-
1901.
Land
count, etc
1900.
$27,793
Taxes paid
60,420
33,272
$30,480
26,873
60,420
33,367
ncel lation of $250,000 bonds
Credit Jan. 1, 1900...
85,813
17,9)7
32,547
$225,215
$183,687
Bills recevable
Int. on bonds (2 p. c.)
d
Total
Original bond issue, $4,560,00^
canceled, $1,789,000 ($1,465,000 purcbaeed for $513,594 and $324,000 received for lands);
balance outstanding, $2,771,000. As to offer of $1,250,000 for
1,000,000 acres of the land, see V. 75, p. 137.
:
Chicago Union Traction Company.
(Report for year ended June 30, 1902.)
President Roach gays in substance
The increased earnings were all that your management could reasonably expect under the adverse conditions with which we had to
oontend. Prospective profits, however, have been taxed into a defioit.
This will sufficiently appear by reference to the enormous amounts
:
paid out for taxes during the past year, viz.
Personal property taxes
$112,493
Real estate taxes
._
60,429
Capital stook tax
311,567
Car licenses and amounts paid to city per ordinances
64,893
Amount paid acoount taxes re-assessed for 1800, as directed
by United States Court
134,350
Total
This is equal to about
$683,732;
the total gross receipts for the year
and to about 21 p. o. of the net reoeipts before deducting either the Interest on bonded indebtedness or rentals paid underlying companies.
We have some reason to hope that for the current year the company
may have its property, including capital stock, assessed upon the
basis of its earning oapaoity. .The item of $134,350, additional tax for
1900, of course will not ooour again, and upon the basis of earning capacity the it* m of $311,567, capital stock tax for 1901 would be
reduced by at least $100,000 and should be reduced by $i 25.000.
Large sums were expended In permanent improvements in right of
way, rolling stock and power plants. Several miles of new track have
8^
p. o. of
rail joints have been oast-welded and upon
improvements have been made we have re-surfaced our tracks, substituting granite, asphalt or briok pavement in
place of cedar block or oobblestone. The improvements, when completed, will lessen the oost of operation and Improve the service to the
publlo, but at present they eat heavily into the reoeipts, with no im-
been
laid,
streets
thousands of
where
city
mediate financial return. Our rolling stock has been maintained at a
high standard and lnoreased by a large number of new oars.
In view of our heavy expenses for improvements the early settlement of the river bridge problem and the general prosperity of the
community, the management confidently expect (barring unforeseen contingencies) that the ensuing fiscal year will show results more
satisfactory to the stockholders of this company.
The sale of unused real estate has brought in $74,000.
Betterments, reconstruction and additions made to properly
aggregated $273,646.
The income account for the fiscal year ending June 30,
1902, compares as follows with the two previous years :
$7,801,075
4,864
19,779
1901 $7,269,816
4.222
15,101
190 °$7,468,797
2,122
6,477
Cross earns, from operat's.$7,825, 119
$7,289,139
$7,477,398
$198,929
351,938
$193,666
381,082
2,735,362
665,965
2,619,647
$3,942,194
$3,346,945
$3,761,797
$3,715,600
$33,525
49,703
10,000
9,786
14,336
$33,525
33,564
10,000
12,417
14,073
$33,577
35,662
10.000
17,690
1T14.C00
$117,349
$3,371,750
$103,578
$3,450,523
$110,929
$3,826,529
$814,416
117,784
$320,296
70.196
2,884,679
2,397
2,898,988
2,468
$246,033
41,776
H 2,931.030
3,613
1902
Passenger reoeipts
Chartered oats
Mall
-
Expenses—
Malnt'ce
way and
structures.
.
Transportation
General
$274,575
499,047
2,793.999
1,003,096
Total operating expenees.. $4,570,719
Net earnings from operation. .$3, 254, 400
Other income—
Advertising
Kent of land and buildings.
Rent of tracks and terminals..
Int. on deposits and loans
Miscellaneous
.
Phil. Co.'s Int. in net ino.
Disbursements—
expense ac-
If 00.
Maintenance of equipment
165,236
99,167
was
this being
doubtful or in process of forfeiture.
The receipts and disbursements for the years 1601 and 1900
were:
YEARS ENDING DECEMBER 31.
Earnings-
216,784
106,435
LXXV.
[Vol.
total consideration for the 120,165 acres sold
83,144
513,556
Interest Charges and Surplus.— The following Streei
railways, in addition to their gross and net earnings given ir
the foregoing, also report charges for interest, &c, with the
surplus or deficit above or below those oharges.
,
The
?64, of
Total
& Light—
Citizens' Ry.
Oct
:
THE CHRONICLE.
182
Montreal
.
:
.
567,400
:
Tot. ino.
from
oth. sources
Total net income
Deductions
—
Taxes acoiued
Interest on loans accrued
Rentals aoerued*
Premium on bonds purohased.
ANNUAL REPORTS.
$3,291,948
Tot. deduot's from income..$3,619,277
(Ii4%)150,000
pref. stock.
Dividend on
Annual Reports. — All annual
reports of steam railroads,
and miscellaneous companies which have been
published during the first half of 1902 may be found by refer
ence to the general index in the Chronicle cf June 28, the
annual reports beiDg indicated in this index by heavystreet railways
faced type.
Detroit Mackinac & Marquette RR. Land Grant Mortgage;
(Statement Covering Period from Feb.,' 1879, to Jan. 1, 1902.
The
trustees,
James McMillan and F.
E. Driggs, in their
report show:
Original grant, 1,327,047 acres, located In Mlohlgan as follows: Maoklnao County, 275,846; Marquette County,
240,097; Chippewa County, 431,811; Behoolcralt County,
379.294
Deduct—
Bold and under contract to Deo. 31, 1899
Sold and placed under contract In 1900
do
do
1901
do
Total sold and under contract to Deo. 31, 1901
Balance, unsold
Acres.
1,327,048
102,488
15,151
2,526
120,165
1,206,883
Balance for year
def.
$247,527
sur.
$8,575
$3,222,452
60 0.C00
(1 %)
sur.$»,075
'After deduoting inoome from stocks and bonds owned, amounting
in 1901 to $778,215 and in 1900 to $764,063, and addng adjustments In items of miscellaneous Income, viz., In $1901. $12, 123; In
1S00 (approximate), $7,142. IT Approximate.— V. 74, p. Ic07.
Central Coal & Coke Company.
(Report for year ended June 1, 1902.)
We have been favored with tbe following report for the
late fiscal year
The company was organized under the laws of MisFonri April 16,
1898, and succeeded to the Keith & Perry Coal Co. of Kansas City,
Mo.; the Bowie Lumber Co. and the Whltaker Tie & Lumber Co. of
Texarkana, Tex.; the Ashdown Lumber Co. of Ashdown, Ark., and to
the coal leases and business of the Missouri Coal A ConetruoUon Co.
of KansaB City, Mo., and by purchase Oct. 1, 1900, of the properties
of the Sweetwater Coal Mining Co. and Wyoming Mercantile Co. of
Rock Springs, Wyo. Reoently it purohased all of the properties and
business of the Kansas & Texas Coal Co. of St. Louis, Mo.
The company is engaged in the mining of ooal and the manufacture
of coke, lumber, railway ties, timber, etc It has 40 ooal shafts fully
equipped and In operation In Kansas, Missouri, Arkansas, Indian Ter-
July
THE CHRONICLE.
86, 1902.]
ritory and Wyoming, with a dally output of 20,000 tons of bituminous
coal. Tbe saw and planing mills of the company are located at TexKennard, Tex., and Keith, La., and are prepared to
arfcana. Tex
turn out t' 00,000 feet dally.
183
1912, or any interest day thereafter at
tions below mentioned at any tim' ).
par (alsD under condiOther facts follow:
accrue from July 1, i902, and will be pay-
;
BALANCE SHEET JUNE
Assets—
Coal lands.
Timber
1902.
Liabilities—
Common stock ($100
I
lands. .......
Coal shafts A building
8aw-mllls and Imp'rs.
Yards and rqutpnient
Coal car equipment...
Personal property.
Alk.JtChoo.Ry.Co.stk.
Stocks&bils.lnoth oos.
.
$5,364,107
1,129,609
1,678,446
274,091
75,500
99,310
71,155
292,000
81,763
shares)
$5,125,000
Preferred stock, 5 per
cent cumulative
Undivided profits
Bonds
Audited
bills
Bills payable...
Bills
payable,
313.545
18,000
82,896
Car trust bands..
Pay-roll balances
1,745,706
167,995
1,875,000
801,110
2,489,000
167,804
107,328
land
notes
Accts. for collection,
lnvent'es, etc, over
open accounts
Cash
1,
The interest will begin to
able Jan. and July at the St. Louis Trust Co., or in New York, at the
option of the holder. The mortgage contains a provision making the
bonds subject to call at par and aoorued interest on any interest day
on three months' notice in the event of an arrangement being made
for an extension of the time of payment at a lower rate of interest.—
V. 74, p. 1354.
Atchison Topeka & Santa Fe Ry.— Acquired in Fee.— The
property of the Santa Fe Pacific Ry. (formerly the Atlantic
& Pacific RR.) and the San Francisco & Joaquin Valley,
heretofore controlled by stock ownership, has been acquired
by deed, and is now owned in fee, increasing the length of
road on Which the general mortgage of 1895 is a direct
lien (not merely a collateral lien) from 4,668 to about 5,600
miles.
Total
$10,979,682
$10,979,682
Anrual meeting fourth Wednesday In July at Kansas City; books
close thirty days In advanoe of, and re-open immediately after, the
meeting. Registrar of stock. Continental Trust Co., New York.
Directors.— R. H. Keith, Charles Campbell, W.C. Perry, Chas. 8.
Keith, E. E. Riley and J. C. Sherwood, Kar.sas City, Mo.; Chas. H.
Huttig, St. Louis, Mo.; E. P. Merwin and A. Heckecher, New York, N.
Y.; E. T. Stotesbury and Caleb F. Fox. Philadelphia, Pa.
Offloers.— R. H. Keith, President and General Manager; Chas. Campbell, Vice-President; W.C.Perry, General Attorney; Chas. 8. Keith,
Assistant General Manager and General Sales Agent; E. E. Riley, Secretary and Treasurer; J. O. Sherwood, Auditor, Kansas City, Mo.;
Nath'l Norton, Asst. Secretary and Transfer Agent, New Yoik, N. Y.
Perry Building, Kansas City, Mo.
General office, Keith
Total
I
&
Transfer
office,
No. 63 Wall
St.,
New York.— V.
74, p. 1141.
National Aspbalt Co. of America.
{Statement for years ended Dee. SI, 1901 and 190?. J
In connection with the reorganization plan given on page
188 is issued the final report of the Audit Company of this
city regarding the results for the calendar years 1900 and
The report eliminates
1901.
all
item? not pertaining strictly
under review, and makes deductions from
the earnings against maintenance of asphalt pavements
duiicgthe life of the company's guaranty regarding the
same. In this manner the total profits stated below are derived. These total profits, however, are shown after deducting lossfs of subsidiaiy companies not directly concerned
with paving or the preparation of asphalt, paiticularly the
losses incurred by the National Contracting Company, on
account of building sewers and doing other engineering
work of a character not concerned with asphalt paving; and
to .the period
also certain extraordinary losses, particularly the expenditures in South America in 1901, which were of an unusual
nature because of the litigation and warfare between competing companies, and which amounted to $400,000. After
restoricg to the profits these exceptional outlays, less
$50,000 a year to represent average unusual expenditnres, the
following adjusted profils are obtained:
ADJUSTED PROFITS, SUBSIDIARY COMPANIES INCLUDED.t
1901.
Profits—
1900.
Average.
Asphalt Co. Of AmerlOi
$489,443
$225,837
$357,640
National Asphalt Co
loss, 118,016
xlOO.912
loss, 8,552
companies
$371,427
Add (to Asphalt Co. of Am.)—
Loss National Contracting Co. \ «~- onn
otT.iwt
"Extraord. exp.
?. In Venezuela. \
$326,749
Total adjusted net profits.. $908,627
$486,340
Total
all
159,591
$349,088
..„
230,000
120,010
$699,088
After allowing $5P,0C0 yearly to cover an average unusual expense,
x From May 24 to Deo. 31.
t Except some minor companies, which It Is claimed would not affect
the general result.
*
The
receivers say that they think there
bility of larger net income in
mated."— V. 74, p. 1811.
is aleo the possifuture years than above esti-
Steamship Line
— It
is
rumored that the company
Is
nego-
tiating for the purchase or control of the Oceanic Steamship
Co., which operates betwesn San Francisco, the Hawaiian
Islands, Tahiti and Australia. Tee capital stock is $2,500,000
and bonded debt $2,405,000. (See V. 75, p, 35, also under
"Industrials" below.)— V. 75,
p. 28.
Boston Elevated Ry.— Bonds.— Lee Higginson & Co. were
awarded this week $300,000 West End Street Ry. 4 p. c.
bonds dated Aug. 1, 1900, maturing Aug. 1, 1915.— V. 75,
p. 134, 28.
Brooklyn Rapid Transit Co.— Option to Have Bonds
Guaranteed. It is announced that the Brooklyn Union Elevated 4-5 per cent bonds and Kings County Elevated 4 p. c.
bonds wi!l be guaranteed on three days in each month by
The Brooklyn Heights RR. Co. at its office, 168 Montague
Street, Brooklyn, N. Y, The days on which bonds will be
guaranteed for the remaining five months of the calendar
year are as follows: Aug. 5th, 15th, 26tb; Sept. 9th, 19th,
30th; Oat. 7th, 17th, 28th; Nov. 7th, 18th, 28th; Dec. 9th,
19th, 30th.— V. 75, p. 134.
—
—
Buffalo Rochester & Pittsburg Ry.— Option to Subscribe.
All shareholders of Aug. 1 are offered the privilege of subscribing at par, between Aug. 8 and Aug. 15, 1902, inclusive,
to $1,800,000 new common stock in amounts equal to 10 p. c.
of their repective holdings. Subscriptions are payable at
office of A, Iselin
Co., No. 36 Wall St., in four instalments
of 25 p. c. each, viz., on Aug. 15, Oct. 15, Dec. 15, 1902, and
Feb. 16, 1903. Upon payment of the last instalment certificates will be issued and three months' interest at the rate of
4 p. c. per annum will be paid on the par value of the new
&
No
interest will be allowed on advance payments.
will be entitled to participate in dividends
payable after Feb. 16, 1903.
The company is constructing a branch about 28 miles
long, from Williams Crossing, a point on the main line two
milts east of Punxsutawney, to McKees, Indiana County,
Pa., to reach coal lands which have been acquired and are
being developed in the interests of the Rochester
Pittsburg
Coal
Iron Co. and the Jefferson
Clearfield Coal
Iron
Co. The estimated cost of this branch is $800,000, to be paid
for out of the stock now otfered, leaving $500,000 at the disposal of the company for further extensions or improvements.
This issue will increase the outstanding common stock to
$8,300,000 and leave $700,000 common stock still available.—
stock.
The new stock
&
V. 75,
&
&
&
p. 28.
Canadian Northern Ry.— Land Grant Bonds.— The Dominion Securities Corporation of Toronto and Montreal offers,
at 99 and interest, a block of this company's $2,000,000 first
mortgage 4 per cent land grant bonds due Feb. 1, 1919 interest (Feb. 1 and Aug. 1) payable at ihe National Trust Co.,
Toronto, or at the Bank of Scotland, London, England. De;
nominations, $500 currency or £102 14s. lOd. sterling. Any
amount of the issue up to 25 p. c. is subject to redemption in
each of the years 1904,1909 and 1914 at 10 p. c. premium
circular says
(110) and accrued interest.
The
bonds
are
a
first charge on 1,365.333 acres of land, at the rate
RAILROADS, INCLUDING STREET ROADS.
of $1 50 per acre. Already over 100,000 aorea of the lands have been
at an average prioe of about $3 20 per aore, the prooeeds from
Anthracite Coal Roads.— No General Strike.— The con- sold
whloh are paid direct to the National Trust Co. (trustees for the bondvention cf United Mine Workers at Indianapolis adjourned holders) to be used exclusively with accumulated
Interest for the reon July 19, having declared against a general strike. To aid demption of the bonds. Ihe interest on the bonds is provided by the
payment
the
by
Dominion
Government
of
$80,000
a year direct to
the striking anthracite miners of districts 1,7 and 9, the
National Trust Co., to be used as far as is necessary to meet
convention appropriated $50,000 from the treasury of the the
bond interest charges.
national board, and ordered an assessme nt of 10 per cent on
The same institution offers .at 103 and interest a block of
the gross earnings of all members of local unions in six disthe railway company's first mortgage 4 p. c. gold bonds,
tricts, and of |1 per week upon members in nine other disguaranteed absolutely, both as to principal and interest, by
tricts, all national, district and sub-district organizers to be
the Government of the Province of Manitoba, payable Feb. 1
assessed 25 per cent. The national officers estimate that the
and Aug. 1 and due Feb. 1, 1929. Principal and interest paytax will bring in each week about $400,000, there being apable at the Canadian Bank of Commerce, Toronto, or at tne
proximately 250,000 membeis in the organization now at
Bank of Scotland, Lcndon.— V. 75, p. 76.
work.
President Mitchell expressed the belief that the
national treasury would have $1,000,000 in it before the end
Chesapeake & Ohio Ry.— Consolidation cf Subsidiary
of the month. Several gifts of from $1,000 to $10,000 have Lines.
The following four subsidiary lines have been conbeen received from labor unions in other branches of indus solidated under the title of the Lexington & Big Sandy Ry.
try.
An appeal to the American people was issued by the with 1883^ miles of track and $4,80O,CO0 capital stock, viz.:
convention and published in the daily papers of July 20.
Elizabethtown Lexington & Big Sandy RR. (124 miles), KenMinirg Resumed.— The Lehigh Coal & Navigation Co. on tucky & South Atlantic (19^ miles), Ohio!& Big Sandy (51^
Thursday resumed operations in its No. 12 mine, one of the miles) and the Ohio River & Charleston (8}£ miles).— V. 74,
largest collieiies in the region, and the first large colliery to p. 1194, 679.
resnme.— V. 75, p. 134.
Chicago Burlington & Qulncy RR.— Called Bonds.-The
Arkansas Valley & Western Ry.— Details of Mortgage.— New England Trust Co. of Boston will pay at par on Ang. 1
The mortgage to the St. Louis Union Trust Co., as trustee, is Denver extension 4 per cent bonds due Feb. 1, 1922, to the
made to secure $3,500,000 fifty-year 4 per cent gold bonds of following amounts, viz.: $90,000 in $1,000 bonds and $2,400
$1,000 eaoh, due July 1, 1952, but subject to call on July 1
in $100 bonds.— V. 75, p. 28.
GENERAL INVESTMENT NEWS.
A
—
—
:
:
—
—
THE CR^ONICLE.
184
— We
are auChicago Rock Island & Pacific Ry. Plan.
thoritatively informed that the board of directors will meet
early next week to approve a plan for the reorganization of
the company. The plan follows the lines of the Chicago
Alton readjustment of 1900 and provides for the formation
of a new company, which will take over a majority of
the stock of the present Rock Island company. It will thus
control the entire Rock Island system, which has been recently almost doubled in extent through the construction of
new mileage, the purchase of the Choctaw lines and St.
Colorado, and the amalgamation of the
Louis Kansas City
Burlington Cedar Rapids
Northern and Rock Island
Peoria. It is also admitted that another company not now
identified with the system may be included in the deal. This
&
&
&
&
[Vol.
LXXV.
Dalles, known as Grand Dalles, a distance of 1913 miles
The road
from Parson's Landing, just above Celllo Rapids, to a point just below
the big eddy in the Columbia, a distance of 10 miles, was oompleted
first, to enable the oompany to put small boats both on the upper and
lower Columbia, from which some revenue could be derived while the
rest of the road was being built. This portion was completed about a
year ago, when the oompany ran short of funds. The completed road
was subsequently sold under foreclosure proceedings, instituted by the
contractors, Chapman & Winters. The company has, under the law,
one year In whioh to redeem the road by paying the judgment—V. 74,
p. 1195.
Colnmbns Wellston & Southern RR. —Sale Completed.—
John W. Dickinson & Co. of Boston, for whom the road was
bought at auction on Dec. 4, 1901, have paid the remainder
of the purchase price ($75,000), and Judge Thompson of the
United States Circuit Court has decided there should not be
a re-sale.— V. 73, p. 1207.
company, it is thought, may perhaps be the New Mexico
Railway & Coal Co., whose line, 165 miles in length, conConcord Maynard & Hndson Street Ry.—Bonds.—The
nects the Rock Island with El Paso, Texas, and the S mthern
Railroad Commission has authorized the company to issue
Pacific, Mexican Central and other lines which enter that city.
Another guess for which no authority is forthcoming, but $165,C00 of first mortgage 5 per cent 20-j'ear bonds, to fund
floating debt and provide for improvements, new equipment,
which has nevertheless affected prices, is that the St. Louis
etc.
& San Francisco is the road.
Under the plan the Rock Island shareholders will be offered
Detroit Southern RR.— Purchase of Iron Ry —The sharein exchange for each $10,000 of their stock, $10,000 in new holders will vote Aug. 27 on a proposition to purchase from
4 p, c. bonds, $7,500 in new preferred stock and $10,000 in the Iron Ry. Co. its railroad between Ironton, O., and Dean,
new common stock. The new bonds, it is understood, will O. and also the branch in course of construction from a
be secured by a collateral trust mortgage covering all the point near Lawrence Station, Ohio, to a connection with the
deposited shares. The details of the new securities and the railroad of the Detroit Southern at or near Jackson, Ohio.
name of the new company have not been definitely deter- V. 74, p. 267.
mined. In consequence of the plan the shares of the Chicago
Denver Northwestern & Pacific Ry.—The ColoradoRock Island & Pacific Ry. Co. sold Thursday as high as 200, Utah Construction Co. has been incorporated in Colo,
contrasting with 190 last week, while the rights to subscribe
to the 123^ p. c. of new stock issue announced some time ago
are selling at 12^.
The greater Rock Island system, including the lines under
construction and the recent acquisitions, aggregates, we are
informed, about 8,000 miles (of which 7,300 miles are
already built), viz.
Rock Island proper
3,9X0 St. Louis Kan. City & Colo.. 280
Choctaw
1,300 Dallas to Galv'ton (line bldg.) 395
Burl. Cedar Rap. & Northern. 1,400 Other extensions
590
Rock Island «fe Peoria
125
Total all lines, built and building
8,000
The lines in operation, it is stated, earned last year from 43
to 44 million dollars, while including the extensions the system is expected to show gross receipts in excess of $50,000,000 annually. While the question of building from El Paso
to the Pacific Coast has been considered, such action, it is
stated, is by no means assured, or even probable, if satisfactory arrangements can be made with any existing line.
V. 75, p. 134, 76.
Chicago & Sooth Eastern Ry.— Bonds.— Sold at Auction.
Adrian H. Muller
Son sold at auction in this city on
July 28, for $100 per $1,000 par, $450,000 general mortgage
gold bonds, due July, 1922, $400,000 of these having July,
1892, coupons on and $50,000 having July, 1893, coupons on.
Benjamin Simpson, of Brazil, Ind., was confirmed by the
Supreme Court as receiver of the road last month.— V. 69,
j
I
|
—
&
p. 1010.
Chicago Union Traction Co.— New Directors.— William F.
Harrity of Philadelphia, and John Lambert, Henry G. Foreman and Joseph Downey of Chicago have been elected directors to succeed William Dickinson, C. K, G. Billings, P.
A. B. Widener and Charles L. Hutchinson. The board now
consists of eight Chicago men and three Eastern men, viz.:
Chicago.— Jesse Spalding, Chairman; Walter H. Wilson, James H.
Eckels, John V. Clarke. John M. Roaoh, John Lambert, Henry G.
Foreman and Joseph Downey;
Others.— R. A. C. Smith, H. B. Holllns and William P. Harrity.
Annual Report.— See page 182.—V. 74, p. 1807.
Cincinnati Georgetown & Portsmouth (Electric) RR.—
Etectric Service.— This old steam road is about ready for
electric service, trial trips of the trolley cars being expected
this week. The cars will enter Cincinnati by the tracks of
the Cincinnati Traction Co., whose electricity will be used
until the power house is completed.
Bonds.— The new 5 per cent bonds ($1,000,000 authorized)
differ in some respects from the description which was
furniened in advance, and published in the Street Railway Supplement. They are secured by mortgage to the
Union Trust & Savings Bank of Cincinnati, as trustee, and
are due Jan. 1, 1932 (not Jan. 1, 1927).—V. 74, p. 727.
Citizen's Railroad Light & Power Co. of Fisbkill Landing, N. Y.— New Stock and Bonds. The State Railroad Commission has approved the company's proposition to increase
—
its capital stock from $100,000 to $175,000 and to issue $100,000 mortgage bonds.
rado with $2,000,000 capital stock, to build this road, the
President and General Manager, respectively, being Sylvester
T. Smith, of Chicago, formerly General Manager of the
Denver & Rio Grande, and A. C. Ridgway. General Manager of the Colorado Springs & Cripple Creek Ry. Co. A
contract has been awarded for the construction of 18 miles
of the road out of Denver, the work to be completed by
March 1, 1903. The contract price is reported as about $30,000 a mile.— V. 75, p. 184.
Doylestown & Willow Grove (Electric) Ry.— Sold,—See
Philadelphia Rapid Transit Co. below.— V. 70,
East St. Lonis
p. 1149.
& Suburban Co.— Purchase.— Control
of
the Citizens' Electric Light
Power Co, of East St. Louis
has been purchased by or in the interest of this company for
a sum stated as $600,000. L. C. Haynes, a Vice-President of
the East St. Louis
Suburban, has been elected President,
and H. D. Sexton has been made Secretary and Treasurer of
the Light
Power Co.— V. 74, p. 1355.
&
&
&
Ship Island RR.— -Earnings.— Returns for the
eleven months ended on May 31, 1902, in comparison with
the corresponding period of the previous year, show freight
earnings of $1,004,515, as against $739,489; passenger earnings of $233,250, as compared with $176,933, and mail, express
and miscellaneous earnings of $22,342, as against $17,258.
Reduced to a percentage basis, the increases reported for the
eleven months are as follows: Freight earnings, 35*83 per
cent; passenger earnings, 33 82 per cent; mail, express and
miscellaneous earnings, 29*45 per cent; total, 34-96 per cent.
Gulf
-V.
«fe
74, p. 1251, 1257.
& Eastern Electric Ry.— Mortgage.. — A first
consolidated mortgage has been filed to the Central Trust Co.
of Indianapolis, as trustee, to secure $1,000,000 of 5 per cent
$1,000 bonds due July 1, 1927
interest payable semi-annually, either in Indianapolis, at the office of the trustee, or
at the Mercantile Trust Co. of New York.
The Railway
company, a consolidation of the Indianapolis & Eastern
Traction Co. and the Indianapolis & Greenfield Rapid Transit Co., was incorporated recently in Indiana with $1,200,000 authorized capital stock. The company owns a line from
Indianapol is to Knightstown, and also, it is said, rights of way
to Dublin, Newcastle and Rushville. F. M. Fauvre is President and John W. Chipman Secretary.
Indianapolis
;
&
Eastern Traction Co.— Consolidation.—
Ry. above.—V. 74, p. 205.
Indianapolis & Greenfield Rapid Transit Co.— Consolidation.— See Indianapolis & Eastern Ry. above. V. 73, p. 1160.
Inter- Borough Rapid Transit Co.— Brooklyn Tunnel.—
See Rapid Transit in New York City below.— V. 74, p. 1089.
Kansas City Mexico & Orient Ry.—Kansas City Terminals.
—See Kan. City Outer Belt & Elec. Ry. below.— V. 74, p. 1251.
Kansas City Outer Belt & Electric RR.— Incorporated.—
This company was incorporated in Missouri on July 21 to
build 6 miles of terminal road at Kansas City for the Kansas
City Mexico & Orient Ry. (see V. 74, p. 1251, 1252). The
Indianapolis
See Indianapolis
& Eastern
—
Colombia Railway & Navigation Co.—Sold.— On May 17
The rails in the track were sold under a decree of the Court authorized capital stock is $1,500,000, of which $50u,000
and on May 24 the property and rights of way were sold by preferred 4 p. c, non cumulative. The incorporators are
the Sheriff to satisfy contractors' liens. The effort to interA. J. Stillwel, E. E. Holmes of Kansas City, Mo.; David
est Portland,
Ore., capitalists to reorganize the property
seems to have failed, although those interested went so far
as to organize the Columbia River Co., with $1,000,000 cap
ital stock, to carry out the plan.
(See V. 74, p. 1195.)
few
individuals not heretofore interested in the matter are taking
steps to purchase in the Sheriff's titles to the railroad
property, buy up the outstanding bonds and foreclose the
existing mortgages, so as to get a clean title to the property
for the least possible outlay of cash.
Paul F. Mohr, promoter of the enterprise, recently made
A
the following statement
The project contemplated the oonstruotlon of a standard-gauge road
from Columbus, just above Miller's Island, to a point opposite The
of Topeka, Kan.;
City, Kan.
is
:
W
Mulvane
Benjamin Schnlerle, Burnett N. Simpson of Kansas
Lexington & Big Sandy R.R.— Consolidation.— See Chesa& Ohio Ry. above.
Lima (Peru) Street Ry.— Incorporated.— This company
was incorporated in New Jersey on July 23 with $5,000,000
authorized capital stock, of which $1,000,000 preferred 7 p. c.
cumulative, to operate street railways in Lima, Callao and
peake
other cities in Peru. Incorporators:
Henry W. Carter and Charles Bath.
RR—
& Dolgevllle
Sold.— At the foreclosure
Herkimer on July 24 the property was bid in for the
Little Falls
sale in
Charles A. Neville,
July
THE CHRONICLE.
26, 1902.]
bondholders by Michael H. Cardczo of
— V. 74, p.
New York for $260,000.
1252.
Louisville
&
Nashville
RR.— Formal
—
Acceptance of Con-
stitution of State of Kentucky. The directors on July 11
formally voted to accept the provisions of the present Constitution of the Commonwealth of Kentucky ordained Sept.
28, 1S91, and also the provisions of Chapter 32 of the Kentucky Statutes, beicg the Act adopted April 5, 1893, with the
amendments thereto.
There is considerable speculation as to the motives prompting the taking of this action after so long a delay. The State
Court of Appeals, however, has held, it is understood, that
corporations continuing business in Kentucky after Sept. 28,
1897, implied thereby an acceptance of the Constitution.
•Consequently formal acceptance brings the company into
harmony with conditions to which it was already, it would
seem, practically subject, as well as giving it the advantages
which a State corporation may enjoy. Any such plan as
rumored for the formation cf a Southern Securities Co. to
&
Nashville, the Southern Ry.,etc,
control the Lonisville
wculd manifestly be out of the question so long as the legality
of the Northern Securities Co. is in doubt.
Correction. In the list of general mortgage bonds drawn
for payment June 1, published in the Chronicle of May 10,
four of the numbers were misprinted. In a previous insertion of the advertisement in our issue of March 29 the correct numbers were given, viz., 18577, 18631, 18711, 18739.— V.
—
75, p. 135, 75.
185
this entire issue of bonds for a two-j ear loan of $450,000 to
be used in the construction of extensions and acquiring additional equipment. This loan will be liquidated from the sale
of the bonds at the end of that time. Rails are on hand for
the extension from Stillmore to Vidalia.— V. 75, p. 77.
Missouri Kansas
& Texas Ry.— Guaranty.— The
&
bonds of
Oklahoma RR. (see V. 74, p. 1038)
the Missouri Kansas
bear the following endorsement:
For value received, the Missouri Kansas & Texas Ry. Co., a railroad
corporation duly chartered, organized and existing under the laws of
the State of Kansas, hereby guarantees the payment in gold coin by the
Missouri Kansas & Oklahoma BB. Co., of the principal of the within
bond at the maturity thereof, and of all interest thereon in gold ooln,
according to the tenor of the coupons belonging thereto, as they severally become due. In witness whereof, the said Missouri Kansas &
Texas By. Co. has caused its corporate name to be signed hereto by
its President or Vloe-President and its corporate seal to be hereunto
affixed, attested by its Secretary or Assistant Secretary, thie the 1st
Missouri Kansas & Texas Bailwat Co.,
day of May, 1902.
By
Attest:
Secretary.— V. 75,
New
Jersey
& Pennsylvania
— This oompany is reported
President.
p. 135.
Traction Co.— Amalgama-
to have purchased all the
stocks and bonds of the other lines in New Jersey in which
the Johnson syndicate, the owners of the Lehigh Valley
Traction Co. (page 6 of Street Railway Supplement), is
interested, viz.:
Trenton Lawrenoeville & Princeton BB., Trenton Lawrenceville &
Prlnoeton Extension BR, Princeton Street By., Yardley Morrlsvllle &
tion.
Trenton and Newtown
The New Jersey
&,
&
Yardley Street railways.
Pennsylvania Traction Co.,
it
is
said,
Manistique Marquette «fe Northern RE.—Status.— As will increase its capital from $1,000,000 to $1,500,000, and later
stated last week, the Union Trust Co. of Detroit is offering to $3,000,000. Jilson J. Coleman is President. The system
at par and interest $500,000 of this company's $1,500,000 first includes a bridge across the Delaware, a line from Trenton
mortgage 5 per cent $1,000 gold bonds, dated May 1, 1902,due northerly, via Lawrenceville to Princeton, N. J., 12 miles,
May 1, 1952. A circular says:
and another line under construction from Trenton to YardSee V. 73. p. 1112.
Orleans & Northeastern RR.— Mortgage.—The company has filed a new mortgage in favor or the New York
Security & Trust Co., as trustee, to seoure $1,500,000 of 4>£
per cent gold income bonds due in 1952.—V. 74, p. 681.
New Orleans Railways. Proposed Purchase.— See St.
Charles Street Ry. below.— V. 75, p. 135.
New York & Port Chester (Electric) Ry.— Franchise.—
The Board of Aldermen of Mt. Vernon have granted the company a franchise through the city for its trolley line extension of the New York underground road. V. 74, p. 884.
Norristown & Main Line & Connecting RR.— Bonds.—The
shareholders will vote Sept. 19 at the Reading Terminal on a
proposition to issue $250,000 mortgage bonds, to provide for
the construction of a line from Norristown to a connection
with the main line of the Philadelphia & Reading at a point
above Bridgeport, Pa.
Paris (Tex.) Transit Co.— Bonds Offered.— See Paris Light
& Power Co., under "Industrials."—V. 74, p. 478,
Pennsylvania New York & Long Island RR.— See Pennsylvania RR. below.— V. 74, p. 1308.
Mexican International RR.— Guaranteed Bonds, Subject
Pennsylvania RR. Tunnel Contract. The Board of Alderto Coll.— Under date of June 30, 1902, an agreement was
authorized by the board of directors of this company and duly men on Tuesday, by a vote of 56 to 10, rejected the contract
executed by its Vice President under its corporate seal, at- made by the Rapid Transit Commission with the Pennsylvania, New York & Long Island RR. Co. for the construction
tested by its Secretary, between the National RR. Co. of
of tunnels connecting New Jersey with Manhattan and
RR.
the
Metropol
Co.,
Mexico, the Mexican International
Long Island. The contract will be accordingly returned to the
itan Trust Co., and the holders of first consolidated mortgage
commission
for modification with special regard to the quesInMexican
4 per cent gold bonds, due Sept. 1, 1977, of the
ternational RR. Co., who shall become parties thereto, tion of union and resident labor and compensation.
Control of Reading Co. See that company below. V. 75,
whereby provision has been made for stamping on each of
p. 135.
said bonds the following
Philadelphia Baltimore & Washington RR.— Bonds.—
This bond is subject to an agreement dated June 30, 1902, between
National RR. Co of Mexico, the Mexican International RR. Co., Met- See Philadelphia Wilmington & Baltimore RR. below.— V.
The road extends from South Manistique, on the south shore of
the upper peninsula of Michigan, to Bhingleton, 40 miles, with
a branch to MoNell's, 13 miles, the entire mileage, inoludlng
spurs and side-tracks, being about 75 miles. The road Is standard
gauge, and connects with the Minneapolis St. Paul & Sault Ste. Marie
Ry. and the Ann Arbor BB. at Manistique. and with the ouluth South
Shore & Atlantio By. at Bhlngleton. The company will operate a oar
ferry from Manistique to Northportin Southern Mlohigan, connecting
with the Traverse City Leelanau & Manistique BR., which In turn
conneots at Traverse City with the Grand Rapids & Indiana By.,
a line controlled by the Pennsylvania RK. Co. Bonds authorized
($1,500,000) are applicable as follows: To purchase existing railway
and terminal property, fc500,000; to re-ballasting, re-bulldlng bridges
and additional rails and rolling stook. * 100.000; for car ferry and
other improvements, $400,000; reserved for the construction, as required, of an additional oar ferry, and the equipment, improvement
and betterment of the road, $500,000
The earnings for the year ending May 1, 1902, of the predeoessor
oompany, the Manistique & Northwestern Ry. Co.. were as follows:
Gross, $173,861; net, $83,783; deduct 5 per cent interest on $600,000
of bonds, $30,000; surplus under present conditions, $53,783. There
will be a substantial addition to the net earnings when the boat line
between Manistique and Northport is in operation. A contract has
already been entered into with the Amerioan Ship-building Oo. for
the first boat (the best of its class), whloh is to have a capacity of
thirty 40-foot oars and is to be completed by April 1.1903, enabling
shippers to avail themselves of a direct line some 85 miles shorter
than any present route.— V. 75, p. 135.
ley, Pa.
New
—
—
—
—
:
ropolitan Trust Co. of the City of New York and holders of first consolidated mortgagejbonds of the said Mexican International BK. Co., to
all the provisions of which the holder hereof assents, and to which, by
the receipt and aooeptanoe of this bond such holder has become a
party, and for a valuable consideration the holder hereof agrees that
National RR. Co. of Mexloo shall have the right at any time on or before March 1, 1907, to purohase this bond at the price of $950 and aoorued interest on 60 days' Lotlce, given as provided in said agreement;
and that from and after the date of purohase specified in said notloe,
and upon deposit with said Metropolitan Trust Co. of the City of New
York, payable to the holder upon delivery hereof of $950, together
with the Interest then accrued on this bond, this bond and all rights
therein and in the interest subsequently accruing thereon shall vest
in and belong and be payable to National RR. Co. of Mexico and may
be collected by said railroad company, and said Metropolitan Trust
Co. of the City of New York shall at any time thereafter, if so requested by said railroad company, be authorized as the attorney in
fact of the holder hereof to acknowledge payment hereof in full and to
satisfy of rt cord the mortgage seeming this bond.
In consideration thereof National BB. Co. of Mexico guarantees the
due and punctual payment of the principal and Interest of this bond.
The back of every bond so stamped bears the following endorsement Assented bond. Subject to purchase at 95 and
interest on or before March 1, 1907." No time limit has been
fixed within which holders must present bonds for stamping.
There are now listed on the New York Stock Exchange
$3,621,000 guaranteed bonds and $3,362,000 unguaranteed
bonds, the bonds being transferred from one class to the
other as the stamping progresses. V. 75, p. 77.
Millen & Southwestern RR.— Bonds.— The mortgage
recently executed by this company to the Citizens' Bank of
Savannah, as trustee, secures an issue of $800,000 first mortgage 80-year 5 p. c. gold bonds of $1,000 denomination. The
road covered includes 32 miles now in operation; also the
proposed extensions, one of which is approximately 35 miles
and the other 21 miles in length; the total when completed
will be something like 90 miles.
It is the intention to pledge
:
—
75, p. 135.
—
Philadelphia Rapid Transit Co.— Purchase. Control has
been purchased of the Doylestown
Willow Grove Ry. Co.,
a 13-mile-suburban line.— V. 75, p. 78, 30.
Philadelphia Wilmington & Baltimore RR.— Financial
Plan. The shareholders will vote Aug. 21 on the proposition
to consolidate with the Baltimore & Potomac RR. under
title cf the Philadelphia Baltimore & Washington RR. Co.
Both roads are controlled by the Pennsylvania. A press
despatch says:
The financial plan includes the issue of 507,000 shares of the par
&
—
value of $50 a share of •825,350,000, which, or a majority of which,
will be owned by the Pennsylvania and the Northern Central By.
companies. Consolidated mortgage bonds are to be issued to pay for
the cost to be assessed for the union terminals to be erected in Washington, a part of the oost of which is to be assessed against the Baltimore & Ohio and a part against the Pennsylvania, as owner of the
Baltimore <& Potomao. In this mortgage provision will also be made
to take up at maturity the bonded indebtedness of the two companies
to be consolidated, amounting to about $12,500,000.— V. 75, p. 136.
Rapid Transit in New York York City.— Brooklyn TunThe Rapid Transit Commission on Monday opened bids
for the construction of a tunnel from the City Hall, New
York, to the Battery and under the East River to Brooklyn.
Two bids were received from the Rapid Transit Construetion Co., which is building the subway in Manhattan, and
whose stock is owned by the Inter Borough Rapid Transit Co.
(see page 74 of Investors' Supplement).
The first offered
to build the tunnel for $2,000,000. The second bid proposed
to contruct the tunnel for $3,000,000, and if this bid be
nel.
—
accepted to construct in addition for the nominal
$100,000 a
sum
subway under Broadway from Union Square
of
to
42d Street. Passengers in either case were to be conveyed
from the Bronx to the Brooklyn terminal for one five cent
—
;
THE CHJRONICLE.
186
proposed to carry them to Jamaica, via the
Island RR., for 3 cents additional. The Rapid Transit
Company of Brooklyn bid $7,000,000, with free transfer to
most of its lines, passengers, however, to Coney Island and
other points south of Kings Highway to pay 5 cents extra.
Each of the bids called for $1,000,003 additional for ter-
fare, it being
Long
minals and real estate.
Oj Thursday the Commission voted unanimously to ac
cept the $2,000,000 bid of the Rapid Transit Construction Co.,
which represents the Belmont-McDonald syndicate. The alternative bid was not considered, counsel advu-iog that the
Broadway extension could not be contracted for in the
way proposed. The construction of the Brooklyn tunnel,
it is said, will cost several times the amount bid by the
Rapid Transit Construction Company, while the Broadway
line from Union Square to 42d St. would cost, it is stated, at
least $3,600,000.
In view of the small cost to the city under
the contract just awarded, the Commission voted to direct
its Chief Engineer to prepare a plan for another tunnel railroad, this one to afford direct connection between the region
of the Manhattan City Hall Park and the Borongh Hall Park
in Brooklyn. See terms of contract in V. 75, p. 30.
Third Track. The Commission on Thursday also authorized by a unanimous vote the construction of a third track
in the Bronx.— V. 75, p. 136.
Reading Company. Dividend— Voting Trust —Purchases
of Stock.— The "Philadelphia Ledger" on Wednesday said:
It was stated yesterday by an oflioial that it was not necessary that
the dividend be declared in August to fulfil the requirements for the
dissolution of the voting trust, but that, if this aotlon were taken at
a,ny time before the end of the year, it would answer the samu purpose. Those who believe the dividend will be passed and the voting
—
trust thus retained indefinitely, point to the inroads the strike of the
anthracite mine workers has made upon the cash reserve fund of the
company. Those who believe the directors are to declare the necessary 2 per cent dividend in order to do away with the voting trust
point to the probability of the control of the company having changed
hands, and the desire of the new owners— attributed generally to the
Pennsylvanla-to seourethe direct management of the property. If
the dividend is passed it will be looked upon by many as an indication
that the Morgan interests desire to continue the present status of the
proparty. If the dividend be declared, there are many who believe
that it will mean the property has changed hands, and that a new
power is to oontrol the future of the Reading.
The "Philadelphia Press" also says that there is a growing belief that the Pennsylvania RR. and its allied interests
are the powers behind the persistent buying of Reading.
Owing to the extension of the Gould lines to the eastern
seaboard, the object which would actuate the Pennsylvania
in an effort to place the control of the Reading in friendly
hands is not difficult to discover, but in view of the community of interests established with the Vaaderbilts touching the Lehigh Valley and other coal properties, it is scarcely
likely that the Pennsylvania would attempt to bay the Reading single handed.— V. 74, p. 1356.
St. Charles Street Ry., New Orleans.—-Offer for Control.
The New Orleans Railways on July 19 offered to purchase the $953,300 capital s'ock, or a controlling interest
therein, at $210 per $100 share, of which $50 a share to be
paid in cash and the balance in 4 per cent mortgage bonds on
all the street railway lines in the city, these bonds to be paid
at the end of two years and to be subject to call at any time
within that time. At last accounts the directors of the St.
Charles Road had not formally approved the offer, but it is
stated with much positiveness that a majority in interest of
the shareholders have signified their intention of accepting
the terms named.
Bond Sale. —The directors on July 19 awarded $75,000 of
the new 4 per cent first mortgage 50-year bonds as follows:
To the Germania Savings Bank of New Orleans, $20,000 at
104-26; to Stanton & Littlefield and another bidder, $55,000 at
—
104K.-V.
74, p. 328.
[Vol.
LXXV.
with the Rock Island
Et Paso Railway, a distance of 117 miles. Bonds to the
amount of $2,000,000 are issuable at once, and the remaining
$500,000 will be available after Jan. 1, 1904, for improvements
and extensions. A sinking fund is to be created fi/e years
after the commencement of operations. The altitude of
the line varies from 6,125 to 7,000 feet. The company was
incorporated in July, 1901, with $2 225,000 capital stock. H.
H. Andrews of Santa Fe is President and J. E. Saint and J.
T. McLaughlin of Albuquerque are respectively Secretary and
Treasurer.
to Torrance, N. M., the juaction point
&
Smyrna & Delaware Bay RR.— Sold.— At the Sheriff's sale
on July 5 this property was sold to John T. Dyer of Norristown, Pa., for $15,150.
Union Ry.
Co. of Memphis, Tenn.—Sale.—The shareholdwere to vote on July 23 to approve a "contract between President H. L. Brinkley and George J. Gould of
ers
Lakewood looking to a sale to Mr. Gould of a majority of stock
in the company." The company has a franchise for the construction of a belt railroad in the city of Memphis (see
ordinance in full in Memphis "Evening Scimitar" of June 11).
Mr. Gould, it is said, will pay about $175,000 for the $80,000
outstanding capital stock or a majority thereof.
—
Union Traction Co. of Indiana.— Lease and Mortgage.
The company's lease of tne property of the Indianapolis
Northern Traction Co. for fifty years from July 1, 1902,
subject to that company's mortgage for $5,000,000 to the Colonial Tru?t Co., as trustee, has been filed for record. The
Union Traction Co. is to build and operate the lines of the
Indianapolis Northern Traction Co. and pay all taxes, and
other expenses; it also guarantees the bonds. See V. 75, p. 136.
Ventura & Ojai Valley Ry.— Bonds.— The shareholders
will vote Sept. 5 at San Baena Ventura, Ventura Co., California, on a proposition to issue $150,000 of 5 per cent gold
bonds to mature on Sept. 5, 1932. The road extends from
Ventura to Nordhoff, 16 miles, and was resently reported as
purchased from the Southern Pacific Co. by Wm. R. Statts
Co., H. L Van Schaiak and others of Pasadena, and George
C. Power and W. H. Post of Ventura. An extension of 10
miles from Nordhoff so atheasterly to Santa Paula, it is said,
is contemplated.
Virginia Passenger & Power Co.— Mortgage.—This company has filed its mortgage to the Merchants' Trust Co. of
New York, trustee, to secure 5 per cent 50-year first consolidated mortgage gold bonds to an amount not exceeding
$15,000,000.
Strike.— The strike which on July 16 tied up the entire
system of Richmond was ended on July 21,
the company having conceded the demand for a nine-hour
day. This change, it is said, will necessitate the employment of about sixty additional men. V. 74, p. 1357.
West Chester (Pa.) Street Ry.— New Securities.—-The
shareholders on J aly 15 ratified the proposition to increase
the capital stock from $60,000 to $1,000,000 and also, presumably, to make the proposed mortgage for $1,000,000. See V.
street railway
—
74, p. 1040.
Western Maryland RR.— Directors.— A. H. Calef, Treasurer of the Missouri Pacific Ry., and H. C. Deming, VicePresident of the Mercantile Trust Co. of this city, have been
elected directors, the latter temporarily in place of George
Gaitherof Maryland, who is now in Earope. V. 75, p. 79,31.
West Michigan Tractijn Co.— Bonds. —The mortgage
made last fall to the Knickerbocker Trust Co., as trustee,
secures $2,500,000 of 5 per cent gold bonds dated Jan. 1, 1902,
due Jan. 1, 1932; interest payable July 1 and Jan, 1 at office
of trustee. Bonds to the amount of $199,000, we understand,
have been issue 1. President, Chas. O. Hadley; Secretary,
Geo. H. Moore. See V. 73, p. 958.
—
Joseph (Mo.) Railway, Light, Heat & Power Co.—
by J. &
.Wilke3barre & Western Ry.— Payment to Bondholders.—
W. Seligman & Co. and E. W. Clark & Co President W. T. Tbe
Central Tru3t Co. will pay to the owners of coupons
Vanbrunt remains in charge.— V. 61, p. 926.
Nos. 8 to 3 1 inclusive, of the bonds of 1836, their pro rata
St. Louis (Mo.) Terminal Depot Co.— Aeic Enterprise.— shire of tli9 proceeds of sale of the mortgaged property upon
This company was incorporated in Missouri on July 12 with presentation of said coupons at its office, No. 51 Wall St.,
nominal capital stock of $50,000, 5 per cent paid. Incorpor- New York City.— V. 74, p. 579.
ators: W. B. Doddridge, T. C. Doremus, Edward F. Goltra,
Tonngstown-Sharon Electric Railway {& Light Co.—
M. M. Stephens and J. C. Van Blarcom. The company pro- Purchase
of Stock.—The report that William H. Park of
poses to expend between $10,000,000 and $15,000,000 in
Youngstown and Sanderson & Porter and the New York
St.
SolJ.
— All the stock and bonds have been purchased
fc
building:
(a) A bridge over the Mississippi River at Mollanphy St., St. Louis;
the franohlse for this It controls; (b) an elevated road from th9 Levee
oat Clark Ave. to Forest Park; (c) a passenger depot near 12th St.
and Lucas Ave.; (d) freight houses and yards between Washington
Av->. and Spruce St., Main St. and the Levee; (e) connecting lines between the Burlington Bridge in the North End and the Iron Mountain
station at Chouteau Ave.
The company's application
Security & Trust Co. of this city have purchised the
stockholdings of the Penhale-Devitt Syndicate in this property, is pronouoced substantially correct.— V. 74, p. 323.
INDUSTRIAL. WAS AND MISCELLANEOUS.
for a 50-year franchise (see St
Louis "Globe-Democrat" of July 10) will be acted upon next
fall.
St. Louis and Eastern capitalists identified with the
Tennessee Central
are interested in the project. Rock
Island officials and Terminal RR. sparties deny that their
companies are back of the project. W. B. Doddridge has
been elected President; Edward F. Goltra, Vice-President
M. M. Stephens, Secretary, and J. C. Van Blarcom, Treasurer.
1
RR
Santa Fe Central Ry.— Mortgage.— The company has made
a mortgage to the Pittsburg Trust Co.of Pittsburg.as trustee,
to secure $2,500,0C0 of 5 p. c. 40-year $1,000 sinking fund gold
bonds. The road is under construction and expected to be
completed before the end of the current year. It extends
from the junction with the Denver & Rio Grande and Atchison Topeka & Santa Fe lines at Santa Fe, N. M., due south
Amalgamated Sngar Co , Ogden, Utah.— Beet Sugir Consolidation.— The stockholders of the Ogden and Logan (beet)
sugar companies voted on July 3 to consolidate the properties under the title of tiie Amalgamated Sugar Co., with
$4,000,000 authorized capital stock. The new company will
give 1*30 shares of its preferred and -65 share of its common
stock for one share of Logan stock; and two shares of preferred and one share of common for each share of the Ogden
company. The new company, it is said, will acquire (probably at $125) the entire capital stock of the Oregon Sugar Co.
of La Grande, Ore. The directors of the Amalgamated are:
David Eooles, President; Thomas D. Dee. Vice-President; H. H.
Spencer, Fred. J. Ktesel, Joseph Sooworott, Joseph Ciark and Oeorge
Stoddard, all of Ogden; Joseph F. Smith of Salt .Lake, E. B. Ellffon of
Layton and O. W. Nibley of Baker City.
July
THE CHRONICLE.
26, 1902.]
Fifty per cent or more of the |600 000 stock of the Greeley
Sugar Co. of TJtab, and also of the stock of the Utah
Sugar Co. (V. 74, p. 584) recently passed under the control
of Eastern capitalists, and it is snsp90ted, notwithstanding
denials, that the Amalgamated company is to come under
similar control. Whether the American Sugar Refining Co.
or the new Federal Sugar Refining Co., both of which companies have recently been reported as purchasers of b9etsugar plants, are concerned in the above transactions is not
quite certain.
(beet)
—
American Grass Twine Co. Subsidiary Company The
American Grass Products Co. was incorporated in New
York on July 3 with $1,500,000 capital stock to operate the
new
plant to be constructed at G!endale, L. I. (V. 75, p. 3'.)
of the two controlled
Manufacturing Co.
and the Curled Fiber Manufacturing Co. (see official statement, V. 73, p. 1262), and in addition to making furniture
from Western "wire" grass twice and mattrefses from salt
marsh grasses wilbenter a new field,viz., that of manufacturing by machinery "China matting" from fibers imported
The new company is a consolidation
companies, the American Forniture
from Chira.-V.
&
75, r. 31.
American Packers' Association.— -Bonds.— A mortgage
has been made to the Real Estate Trust Co. of Philadelphia,
ss trustee, to secure $1,000,000 of 6 p c. 39 year bonds, covering, it is stated, sixty different canning properties in fourteen counties in Delaware, Maryland and New Jersey. Wil
liam L. Stevens is President and C. M. Dashiell, Secretary.
—V.
74, p. 1141.
187
found on page 182. The regular quarterly dividends at the
rate of 5 per cent per annum have been declared on the $1,875,000 preferred stock for the ensuing year and are pavable
The quarterly dividends on the $5,125,000
stock have been increased to 1^£ per cent, payable
on the regular dates.
Mortgage— ThiB company is filing a $2,000,000 mortgage.—
V. 74, p. 1141.
at the usual lime.
common
Chicago Railway Equipment Co.— Mortgage.— A mortgage
has been made to the American Trust & Savings Bank of
Chicago, as trustee, to secure $500,000 of 5 per cent bonds due
in from six to ten years. This issue, it is stated, is made to
cover the purchase of the Monarch Brake Beam Co. and the
brat e-beam business of the Sterling- Worth Co. The mortgage covers property in Chicago, 111., and Hudson County,
N. J., Including the Equipment Company's plant in Jersey
City. Nearly 2,000,000 of the company's metal brake-baams
are reported in use. H. S. Burkhardt is President.
Citizeus' Electric Light & Power Co., East St. Lonis.—
Suburban Co. under "Railroads"
Sold.— See East St. Louis
above.— V. 74, p. 1254.
City of Chicago Brewing & Malting Co,— Sales.— The
company has issued the following statement of operations
for the six months ending March 31, 1902:
The sales of beer have been 163,225 barrels, an increase of 26,056
over the same period of the previous year. The sales for April and
May show an increase of 10.240 barrels. In spite of this large increase
of sales, however, the result of the half-year's working oompares unfavorably with that of the corresponding period twelve months ago,
owing partly to the Increase In the cost of labor and partly to the
&
74,
American Smelting & Refining Co.— Zinc Company —
Sandusky
Brewing
Status.— Denison,
Cleveland
&
Co.—
Interests identified with the company are negotiating in
their individual capacity with the owners of zinc and lead Prior & Co. in an advertisement say in part
deoreaeed cost of the selling price of beer.— V.
properties in Missouri, with a view to a consolidation
of the leading zinc companies. The smelting company, it is
stated, has no part in these negotiations, but would naturally work in harmony with the new oompauy, which would
in effect be an auxiliary corporation. V. 75, p. 136, 31.
—
American Window Glass Co.— Change in Stock— Control
Gazette" on July 23
of Blowing Machine.—The Pittsburg
'
printed the following apparently inspired statement:
Plans are soon to be presented to the directors for the conversion of
the present $13,000,000 common stock into second preferred stock,
and the Issuance of a new lot of common s took to be used In securing
exclusive rights for the United States in the window-glass-blowing
machine, whloh is owned by some of the officers of the company. The
purpose of the plan Is to seoure for the eompany absolute control in
the blowing machine for all time. This will not be an absolute own
ershlp, but the company will stand alone In this oountry as the first
producer of maohine-made window glass. Those Interested say that
It Is already a certainty that the maohlne will be used at many of
the factories of ihe company, and It may be adopted as Its only method
of produotlon. It eliminates all the skilled labor up to the flattener.
It is expected to cut the cost of production nearly in half.
The new second preferred stock will provide for the payment of 7
per cent cumulative dividends. This stock will be exchanged for the
present Issue of oommon stock, on whloh dividends at the rate of 5
per oent a year are being paid. The bas-is of exchange will be arranged partially in reference to the market value of the present issue
of
common stock.
Tie owners of the window-glass-blowing machine
recently,
it is said,
rights.-V.
refused an offer of $10,000,000 to
rights
these
eell
74, p. 886.
Bingbamton Light, Heat & Power Co.— Bonds Offered.—
N.
W.
Halsey
&
Co. offer at 102
and interest (by advertise-
ment on another page) $100,000
p.
154.
The eompany was organized in May, 1898, as a consolidation. (See
V. 66, p. 1139, 1188.) The output of Its plants represents over 90 p.
c. of all the beer sold In Northern Ohio and fully 75 p. o. of all that Is
sold in the City of Cleveland. The company also owns In a fee a large
number of beer-distributing stands in Cleveland and adjoining towns,
whioh together with leases take fully 75 p. c. of Its present output.
In April, 1902, the company purchased the breweries, good will, etc.,
of the Schlather Brewing Co., as well as most of its saloon properties
in Cleveland and adjacent towns. The Schlather was the largest independent plant in Cleveland. The oapaoity of the eleven plants of the
Cleveland A Sandusky is over 800,000 barrels of beer annually, and
the business recently has necessitated substantial additions to the
plants.
Dlreotora: Ernst Muller (President), Jacob Kuebeler (First VicePresident), John M. Leloht (Second Vice President). W. H. Chapman
(Secretary and Treasurer), Simon Flshel (General Manager), Herman
C. Baehr, John E. Stang, E. H. Bourne, L. W. Prior, E. R. Chapman,
Emil Joseph, Herman Schmidt, F. W. Gehring, James R. Sprankle and
L. Schlather.
Capitalization: First mortgage 6 per oent bonds, $5,773,000; 6 per
No
cent preferred stock, $2,386,500; oommon stock, $2,386,500.
other mortgage Indebtedness, no floating indebtedness and an ample
working capital. For the first five months of 1902 the output and
sales show an increase of more than 21,000 barrels over the output
and sales of the corresponding period of 1901. As a sinking fund the
company pays each year, to a trustee, during the life of the mortgage,
the sum of $50,C00 in cash, for the purohase of bonds of the company
at not exceeding 107*3 and Interest. The interest earned on these
sinking fund bonds (whloh are stamped "not negotiable") , together
with the annual payment, is annually invested in additional bonds,
thus making a yearly augmentation of the fund. The ret earnings
allow the payment of the regular dividend upon the preferred stock
Issue and dividends upon the common shares aud at the same time
leave a handsome cash surplus. The preferred stock of the company
is very soon to be put on a permanent 6 per cent dividend basis, and
peraons familiar with the affairs of the company will not be surprised
If the common stock begins to draw dividends within a year.
of the $500,000 first mortgage 40-yesr5 per cent bonds of the Binghamton Light,
Heat & Power Co. falling due July 1, 1942, bat subject to
call for the sinking fund at 110 and interest serially on and
after July 1, 1912.
The company controls the entire electric
light and power butinees in Binghamton, the largest and
most important commercial centre in Southern- Central New
York. The company has a franchise described as liberal
and perpetual; it also has a profitable contract with the
city for municipal lighting.
The purpose of the issue is
to refund existing indebtedness and provide for thorough re-
The declaration of dividends on the preferred shares at the
See V. 75,
rate of 6 p. c. per annum was begun last week.
1917; $7,500 annually from 1918 to 1942. In lf-98 gross earnlnes
were $84,528; In 1899. $88,137; in 1900, $31,943; in 1901, $95,442;
in 1902 (estimated on basis first five months), $101,321. When the
company has had the benefit of the pending improvements for a year
rolling mills in the oountry.
p. 79.
Colorado Fnel & Iron Co.—Proxies Asked.— Harris, Gates
Co. have obtained a court order giving them access
to the list of stockholders in order that they may send
out requests for proxies for the annual meeting in Denver
Aug. 20. The firm states that it holds 52,400,000 of the stock.
Associated with Mr. Gates are said to be James A. Blair of
Blair & Co. and John J. Mitchell, President of the Illinois
Trust & Savings Bank of Chicago. The transfer books close
construction of the property to meet the. growing needs of on July 31.
the business. The advertisement says:
Contracts.— The company has placed in Pittsburg conCapitalization— 9took, preferred, 6 per cent non-cumulative, $150,- tracts estimated at $1,100,000 on account of the new steel
OO0; oommon, $500,000. Bonds, 1st mortgage 5s, $500,000, applicaChief Engineer Heland6r is
ble as follows: Present Issue, $325,000; to be issued on completion of works and furnaces at Pueblo.
improvements. $ 5,000; for future extensions, under rigid escrow quoted as saying:
provisions, $100,000. Sinking fund— $5,000 annually from 1908 to
We are building at Pueblo one of the largest groups of furnaces and
our engineers estimate that the earnings will be: Gros#, $125,000;
net, $55,000; Interest charge (5 v. c on ,$400,000), $^O,00P; surplus
for sinking fund and dividends, $35,000.
&
We
shall
mine our own
fuel
and
ore,
pig iron and roll our own mill products. The RlterConley Manufacturing Co. is to furnish the structural steel for our
buildings and smokestacks, the JVIesta Maohlne Co. Is to equip the
mills, and the Amerloan Bridge Co. Is to build the bridges on the railroads connecting the furnaces witn the mines— V. 75, p. 32.
make our own
Commercial Pacific Cable Co.— Cable to Manila.— The
By-Products Paper Co., Niagara Falls, N. Y.—New Enter- company has signed a contract with the Telegraph Conprise.— This company was recently incorporated at Albany
the manufacture and laying of
with $2,000,COO authorized capital stock, to manufacture, by a struction Co. of London for
the cable from Honolulu to Manila, via Guam. The conpatented process, fine paper stock fr jm flax straw, a waste
struction company guarantees to complete the cable by
product in the growing of flax seed, large quantities of which
June, 1903, it furnished with the necessary soundings.—
are burnt upon the fields in North Dakota and elsewhere in
V. 74, p. 1810.
the Northwest. The "Paper Trade Journal" says:
Consolidated ttas Co. of Baltimore.— New Directors.— At
Under the Hickman patent prooess this fibre Is recovered from the
straw in a clean and satisfactory condition for paper making. The the annual meeting on July 21 the stockholders in opposition
By- Products Paper Co. has acquired the Hickman patents from the
French Hickman Flax Fibre Co., Limited, of London, England, which
company was first to undertake their working, and has also acquired
the mills of the French-Hiokman Co. at Niagara Falls and Fargo, N. D.
It has also acquired a number of fibre mills In North Dakota. The
foil capacity of the Niagara Falls mill will be about 30 tons of pulp
per day, which output will be disposed of to manufacturers of highgrade writing papers.
Central Coal & Coke Co.— Dividend on Common Stock Increased.— The report for year ending June 30, 1902, will be
to the old management elected their ticket, 82,556 shares being voted, of which 54,672 were cast for the straight ticket
of the or position party.
President Latrobe and Messrs.
James A. Gary and C. H. Dickey were on both tickets and
re-elected. The new bo^rd embraces :
H.Crawford Black, President of the Black Sheridan-Wilson Co. and
were
First
Vice President of the Fidelity & Deposit Co.
Michael Ste n, of Stein Bros., bankers.
_
- i U mo»
,
Hon. James A. Garv. ex-Postmister General and head of the arm of James
S. Gary &Sod, cotton duck manufacturers.
THR OHKONICLE.
188
Frederick W. Wood, President of the Maryland Steel Co.
John Whitridge, banker.
"Townsend Scott, of Townsend Scott & Son, bankers.
of metals.
Charles H. Dictey, President of the Maryland Meter Co.
Ernst Schmeisser, managing director of the American SnuB Co.
Charles T. crane, President of the Farmers' & Merchants' National Bank.
1
officers
were electro
:
President, Gen. F. C. Latrobe. re elected; First Vice-President, Charles T.
Crane; Second Vice-President. Ernsr, Scnmeisser.
Executive Committee— Messrs. Crane (Chairman), Latrobe, Schmeisser, Gary,
Stein, Ammidon and Dickey.
Finance Committee -Messrs. Scott, Black and Whitridge.
—V. 75, p. 137, 133, 32.
Consolidated Gas Co New York.— Electric Light Bates
Reduced.— A reduction of 25 per cent in the price of electric,
light service will take effect Sept,
1.— V.
74, p. 266.
&
Steel Co. of Talladega, Ala.—-Foreclosure.—
Co., as trustee, has brought suits against
the Coosa Iron <fe Steel Co. and the Cooea Valley Co. of Talladega to foreclose mortgages of $250,000 and $100,000, respectively. John C. Soley of Talladega has been appointed receiver of both the defendant companies.
Cotton Press Consolidation.— Deal Pending.—Col. S. B.
McConnico of New Orleans, representing a New York syndicate, has secured options on all or nearly all of the cotton
presses at New Orleans for the purpose of effecting a con
considerable sum is reported to have been
solidation.
with the deal.
deposited in this city in connecti
Delaware & Madison (Ind.) Counties Telephone Co.—
Co. of Indianapolis reBonds Offered.— Harry B Gates
cently offered for sale $150,000 of this company's $500,000 1st
mortgage sinking fund gold 5s Union Trust Co. of Indianapolis, trustee. With each $1,000 bond is given $250 in stock.
Distilling To. of America.— Certificates of Deposit —
Listed — Time Extended. A majority of both classes of stock
having been deposited with the Mercantile Trust Co. under
the read ju?tm*nt plan (V. 74, p. 1358), the certificates of deposit were listed by toe listing committee of th9 New York
Stock Exchange, and in pursuance of the requirements of
the Exchange the time for the deposit of securities under the
plan is extended to and including Ang, 1 next, after which
date no deposits will be received except under such terms as
the committee may prescribe. V. 75, p. 137, 79.
Coosa Iron
The Central Trust
A
LXXV,
Fort Wayne Jenny Electric Light Co.— Sold.—See Evansville
Thomas O'Neill, head of O'Neill & Co., merchants.
Hon. Fei-dinand C. Lai robe.
Daniel C. Ammidon. head of Ammidon & Co., importers
Subsequently the following
[Vol.
m
&
;
—
—
Dominion Coal Co.— Contract.— See New England Gas &
Coke Co. below.—V. 75, p. 27, 34.
Dominion Iron & Steel Co.— Contract.— See New England
Gas & Coke Co. below.— V. 75, p. 27.
East Boston Gas Co.— Dividend Again Reduced.— The
dividend paid this month was only 3 p. c, contrasting with
Z% p. c. last January and also in July, 1901, with 4 p. c. in
January, 1901, and 5 p. c. half-vearly in 1900. Stock, $220,000 in $25 shares; no bonds.— V. 73, p. 140.
Evansville (Ind.) Gas & Electric Co.— Bonds Offered.—
Farson, Lsach & Co., Devitt, Tremble & C?. and Mason,
Lewis & Co. are offering at 101 and interest the unsold por
tion, $600,000, of the present issue of $950,000 five per cent
first mortgage and refunding $1,000 gold bond:*, dated Jnne 1,
1902, and due June 1, 1932, but subject to call after June 1,
1912, at 105 and accrued merest.
Interest payable June 1
and Dec. 1 at the American Trust
Savings Bank, Chicago,
111., or the First National Bauk of
York. Toal authorized issue, $l,250,0u0, of which reserved for future extensions
and improvements, being issuable only for 85 p. c. of cost of
same, $300,000. Capital stock, $600,000. The company's gro^s
earnings for year ending Die. 31, 1901, were $188,715; net earnings over maintenance, taxes, etc., $60,485, contrasting with
$60,132 in 1900 and $57,051 in 1899
For the five months
ended May 31, 1902, net earnings were $29,871, against *24,857 in 1901; increase, 20 p. c.
President
K. Dunkerson says under date of June 28:
The company was organized In 1881, being a consolidation of the
Evansville Gas Co. and the Brush Electric Light A Power Co. We
have since purchased the property and franchises of the Fort Wayne
Jenny Eleotrlo Light Co., so that now our company controls all the
private and public gas and eleotrlo light privileges in the city. Our
franchises are liberal and not limited as to time. The sales of gas in
1901 amounted to 109,678,300 oublo feet; in 1900, to 105,160,500
cubic feet; in 1899, to 99.3u8.500 oubio feet. The company has a
five year contract with the city for both gas anl eleotrlo lighting,
dated Aug. 1, 1900. Since 1893 and up to and lnoludlng the year
1900, regular dividends amounting to $36,000 a year and interest
charges of $10,000 a year have been paid In addition to maintenance
and extensions Our gas plant is up to date, with a daily oapaclty of
500,000 cubic feet. A contraot has been let with the United Gas Improvement Co of Philadelphia for the installation of a water gas
plant with a guaranteed dally capacity of 400,000 oublo feet. The
distribution system oonslsts of 50 ml'es in mains, all in flrst-olass condition. The electric light nlant has just been completely overhauled
Extensions are contemplated.
In lieu of a sinking fund the company agrees to call in by
lot and pay at a premium of 5 p. c. $10,000 of bonds on June
1, 1913, and annually thereafter until and including June 1,
1922, and the sum of $15,000 of bonds on Jane 1. 1923, and a
like sum annuallv thereafter until and including June 1,
1932. -V. 74 p. 1310.
&
New
R
Control —
Fall River (DIass.) Gas Works Co —Change in
Lee, Higginson & Co. have bought from the United Gis Improvement Company of Philadelphia the controlling interest
in the $450,000 stock of the Fall River Gas Works Co. at a
price reported as $190 per $100 share. Tne Massachusetts Gas
Commission recently authorized an increase in the stock to
$635,000, to pay for improvements. The company has no
bonds outstanding and has been paying dividends at the rate
of 8 per cent per annum.
Gas
&
Electric Co.
above.— V.
75, p. 80.
(George A.) Fnller Co.— Consolidation Scheme. —Efforts
made to arrange a consolidation of this company
and the New York Realty Corporation, Alliance Realty Co..
Century Realty Co. and certain real estate interests of the
Central Realty Bond & Trust Co. The capital stock of the
new company will probably not be less than $65,000,000, and
be divided into about $30,000,000 6 p, c. preferred and $35,000, 0C0 common stock.
Th9 name of the new concern will
probably be the Fuller Realty & Construction Co.— V. 74, p.
are being
1142.
(J. M.) Guffry Petroleum Co., Beaumont, Tex.— Further
Particulars.— The facts regarding the proposed $5,000,000
bond issue were given July 5. See also V 75, p 137.
The company was incorporated in Texas in May, 1901.
President J. M. Guffey says:
We own and control for oil purposes 1,000.000 acres of land In
Texas and Louisiana (about 910,000 aores being In Texas), including
thH original Luo^s well, McFadden No. 3 andGladys well, aggregating
an enormous production of oil; also pipe line extending from the wells
to the docks at Port Arthur, where vessels and railroad oars are
loaded with
oil.
J. C. McDowell says:
are taking out of our Beaumont wells about 15,000 barrels of
oil daily, selling about 5,000 of this and tanking about 10,000. We
have 1,500,000 gallons of oil tankage up at Beaumont, and are put
ting up 2,500,000 gallons of oil tankage. An agreement with the
8hell Transport & Trading Co. provides for shipments of our fuel oil
to Europe.
Our refinery at Port Arthur is running night and day, and turns out
S.Oi.0 barrels of oil per twenty-four hours. We have let oontraots to
increase its capacity to 15,000 barrels Just as soon as the construction
work can be done.
General Manager
We
The Golf Refining Co., capital stock $750,000, is owned by
the same interest, and it is understood hold* the title to the
Port Arthur refinery. The directors of the Guffey company
include:
J. M. Gaffey (President!, James H. Reed, Andrew W. Mellon and T.
Hart Given, all of Pittsburg; A. F Luoas, Robert A. Greer, Hal W.
Greer, G. C. Simmons, B. F. Trexel and Peroy Wiess, all of Beaumont.—
V. 75. p. 137, 32.
Hackeusack (S.
company has filed
J.)
its
Water Co.— Mortgage Filed —The
to the Hadson Trust
new mortgage
Co., as trustee, to secure $6,000,000 ot 4 per cent 50-year gold
bonds. See V. 74, p. 1811.
Home Telephone
Co., Los Angeles.— Securities.— The capstock has been increased from $500,000 to $3,000,000;
$500,000 bonds were recently sold with a bonus, it is siid, of
50 p. c. in stock —V. 74, p. 1041.
ital
Hood Rubber Co.— Stock
been increase 1 from
Increased.
— The capital stock has
f 800,000 to f 900,003.— V. 71, p. 1070.
Independent Gas & Power Co., San Francisco.— In OperThe company began supplying gas on July 1. The
ation.
—
capacity of tbe plant is reported as 2,000,000 ft. per day.
The 40 miles of mains iu the system are all south of Market
St.— V.
74, p. 382.
—
Pump Co. Orders. The total orders
received in June and the quarter ended June 30 for 1902,
1901 and 1900, aud the orders on hand June 30. are reported
as follows:
International Steam
1902.
Orders.
1900.
1901.
Month of June
$793,837
$1,312,390
$607,238
3monthsended June 30
2,759,155
2,030,084
2,313,077
Orders on hand June 30
5,653.401
2,439,182
2,069,973
-V. 75, p. 76, 82.
Iron Steamboat Co.— Sale Aug. 6.— The foreclosure sale
will take place at the BrooklvnReal Estate Exchange on Aug.
V. 74, p. 1041.
Jefferson & Clearfield Coal & Iron Co.— Dividend —The
company ha9 declared a dividend of 5 per cent on the common stock, payable Aug. 15. The previous payment on this
stock was 2 per cent Aug. 15, 1900. The U9ual semi-annual
dividend of 2J^ per cent on the preferred stock was also declared, payable Aug 15.— V. 71, p. 238.
Lawrence Cement Company of Pennsylvania. — Div dend
Payments This company organized under Pennsylvania
laws in 1893, with a capital of $600,000, in January, 1902,
paid its first dividend of 4 per cent, and Uas now declared
E. R.
another dividend of 2 per cent, payable August 15
Aokerman, No. 1 Broaiway, is President, and H. R. Munger
6—
—
is
Treasurer.
Lone Star & Crescent Oil Co.— Plan Approved—The
shareholders on July 22 approved the proposition of Isidore
Newman & Son, of New Orleans, to reorganize the company
with a larger capital. V. 75, p. 138, 80.
Michigan Telephone Co.— Extension.— A large majority of
the consolidated mortgage 5 per C:nt bonds having oeen deposited with the Old Colony Trust Co. of Boston, as depository, the time for the deposit of bonds has been extended until
Aug. 5, after which no deposits will be received except upon
such terms as the committee may prescribe. See, V. 75, p.
—
33— V.
75, p. 133.
Municipal Gas & Electric Co. of Rochester, N. Y.— Bonds
Offered. -This company, which on June 8 absorbed the Citizens' Light & Power Co. (V. 72, p. 182). has made an issue
of bonds, $650,000 of which are offered for sale. Sae Rochester Gas & Electric Co below.— V. 74, p. 99.
National Asphalt Co. Reorganization Plan. The committee representing the securities of this company and the
committee representing the Asphilt *Jo. of America 5s have
agreed on the following plan
—
:
July
THE CHRONICLE.
26, 1902.]
189
Oceanic Steamship Co.— Negotiations,— See Atchison Tonew company Is to be organized under the laws of New
Santa Fe Ry. under "Railroads."
Jersey, or some other State, whioh company may issue capi- peka
Assessment.— The directors on July 15 called an assessment
tal stock as follows
Preferred 5 p. c. stock, cumulative after two years, entitled to no divi- of $10 a share, payable before Aug. 16, on the 25,000 sharesof
dends In exoess of 5 p. o., but preferred in liquidation as to its par capital stock of $100 each, on which $82 25 had already been
value and all accumulated dividends. Also, convertible at option paid in. In spite of the assessment the shares advanced last
of holders into common stock at any time when the transfer books
are open, at the rate of $150 in common stock for each $100 of pre- week to $12 50 asked, contrasting with a sale at $7 per share
The overdraft due John D. Spreckels
ferred stock surrendered. Also, subject to redemption at option of the week before.
company at any time after three years from the issue thereof, at the Co., it is said, now exoeeds $1,100,000. The assessment will
rate of 110 p. o. of its par value on ninety days' notioe; but during
$250,000.— V. 75, p. 35.
such ninety days the holder to have the option to convert it into bring in
common stock, notwithstanding such notioe of redemption. Total
Ohio Fnel Supply Co.—New Company.—This company, inissue not to exoeed
$14,000,000 corporated in Ohio on May 16, 1902, with $2,500,000 capital
Of whioh, in exohaDge for Asphalt Co. of America 5s,
13,466,127 stock, has absorbed by consolidation the following companies,
$26,932,255, paying assessment
633.873 which supply Southeastern Ohio with natural gas:
For purposes of reorganization of the new company
Common stock not exceeding
$17,000,000
The Great Southern Gas & Oil Co.. the United Gas Co., the Corning
exchanging
of
syndicate
$2,500,000
Of whioh to
fireman <& Rushville Gas Co., the Roseville &
1,500,000 Natural Gas Co., the
Asphalt Co. of Amerioa 5s for com. stock, 60 p. o
Purchasing syndicate for $2,250,000 cash
4,500,000 Orooksville Gas Co., the Mt. Vernon Natural Gas Co., the Ohio Development Co.
National certificate holders ($5,988,520) 40 p. o. if pay2,395,408
ing assessment
President is Geo. W. Crawford; 1st Vice Pres., F. W.
880,412 Crawford; 2d Vice-Pres. and Gen. Man., J. M. Garard; SecNat. pref. stock ($8,003,744) 11 p o. if paying ass'mt..
462,063
Nat. oom. stock ($11,551,570) 4 p. o. if paying ass'mt..
retary and Treasurer, H. C. Rusie, The stock ia all of one
Compromise of olaims against stock of Gilson Asphalt260,000 class, in $25 shares. No bonds.
urn Co
7,000,000
Beserved toward conversion of preferred stock
Oregon Water Power & Railway Co., Oregon City, Ore.—
Balance
2,117
The company has made a mortgage in favor of
Mortgage.—
The terms of exchange are as follows:
Trust Co.of Philadelphia^ trustee,to secure
the Land Title
Paying
Will receive.
$5,000,000 of 5 per cent $1,000 bonds, due in 30 years and subassess. New com. Newpf.
Each $1 ,000 princtpal of—
None
Asphalt Co. of Amerioa 5s, $26,932.255
$500 ject to call in 10 years. The mortgage covers, it is said, the
National Asphalt Co. 5s, $5,988,520
$16 00
$400
Mount Scott- Lents Railway line, the Oregon City line, real
40
do
oom. stk., $11,551,570. 160
do
estate, franchises, including one from Oregon City to Cane4 40
110
pref. stk., $8,003,744..
do
do
Voting Tbust— All the new stock (except shares to qualify direc- mah, etc. An electric-power plant on the Clackamas River,
tors) will be vested In five voting trustees, viz.: Budulph Ellis, Wm. F.
near Springwater, and trolley lines to Springwater and in
Harrlty, Alvln W. Kreoh, Henry Tatnall and George R. Turnbull, for the territory immediately tributary to Portland are projected.
ten years; provided, however, that the voting trustees may by unanimous agreement determine to deliver the stock or any part thereof at
Paris (Tex.) Light & Power Co.— Bonds Offered.— Otis. Wilan earlier time, and provided, further, that the voting trustees may, son
Co. of Chicago and the Colonial Trust Co. of St. Louis
in the discretion of a majority of their number, dissolve the voting
offered at ^1% and interest the entire authorized
recently
trust and distribute all the securities in their possession at any time
after the expiration of seven years from the incorporation of the new bond issues of this company and the Paris Transit Co., viz.:
company.
First mortgage 5 p. c. $1,000 gold bonds, dated June 2, 1902,
The plan provides the following restrictions on the cre- and due June 1, 1932, but subject to redemption at 105 and
ation of indebtf dness by the new company :
accrued interest on June 1, 1912, or on any interest payment
The directors are not to authorize any bonds upon any of the date thereafter upon 30 days' notice ; coupons payable June
property without the consent of the holders with voting power of 1 and
ec. 1 at the said trust company, the trustee and regisnot less than three-fourths of each class of capital stook and the conCapital stock of Transit Co., $100,000 ; of Light
sent of the holders of not less than three-fourths of eaoh class of vot- trar.
ing trust certificates outstanding.
Power Co., $200,000. President T. W. Crouch says :
The dlreotors are not to incur or authorize, under penalty of liability
My associates and I recently purchased these companies after a rigid examitherefore, any floating indebtedness exoeeding 15 per cent of the nation. The Light & Power plant has recently Deen rebuilt in a modern and
amount of the outstanding capital stook without the oonsent of the substantial manner and the street railway transformed from a mule line into
holders of a majority of all the preferred and common stook or of an overhead trolley system. We have also acquired the Paris Steam HeatiDg
voting trust certificates representing: such stock, as the case may be. plant. By the use of oil instead of coal we shall operate at a low cost. It 13 beThla provision will be construed by the voting trustees as a limitation lieved the net earnings will be approximately $40,000 per annum, or more than
upwd the aggregate amount of unsecured or floating indebtedness of two and one-half times the interest on the bonds.
Street railway, 5^ miles of track ; gas plant, annual outthe new company and the several companies controlled by it, exclusive of indebtedness of such companies to one another or to the new put 3,000,000 cubic feet; 200 customers, 300 services
electric
company, and exolusive also of the amount of existing indebtedness plant, one 250 K.
W. alternator and one 200 K. W. railway
represented by debentures of the Barber Asphalt Paving Co. and the
New Trinidad Lake Asphalt C»., Limited. See Investors' Sufflement, generator, General Electric make ; heating plant, Warrenpage 162.
Webster system.— V. 74, p. 1143.
Holders of deposited securities who do not approve the
Pawtncket (R. I.) Gas Co. Mortgage.—The company has
plan have until Aug. 19 to withdraw them, and holders of
made a mortgage to the Slater Trust Co., as trustee, to sesecurities not deposited have until Sept. 15 to become parties
cure $2,000,000 of 80 year 4 p. c. bonds, of which 1,750 are
to the plan. See advertisements on another page.
$1,000 bonds and 500 $500 bonds.— V. 74, p. 1041.
Report for Years 1900 and 1901.— See page 183.
Pomona & Ontario (Cal.) Light & Fuel Co.— Bonds Sold.
Opposit ion.— Hannah V. Gallagher, a holder of $21,000
block of $60,000 25-year 5 per cent bonds has been sold to
Asphalt Co. of America 5s, brought suit in Philadelphia on
July 23 to have the plan declared illegal. On Thursday, also, provide for the installation of a gas plant for the production
William C. Ballitt, as holder of $25,000 of the same issue, of fuel gas from crude oil, and for other purposes.
A
&
:
&
. .
—
&
—
&
&
;
—A
gave out a long
was published
letter in opposition to the plan
this letter
in full in the "Philadelphia Ledger" of yester-
day.
Pressed Steel Car Co.— Earnings.— The earnings for the
;
3 and 6 months ending June 30, 1902, compare as follows:
3 mos. end. Prof, from Interest
Div. on
Reserve for
Bal. for
June 30— operation, on bonds, pref. stock, depreciation, com. stk.
Resignation.— Gen. Francis V. Greene has tendered his
1902
$591,800
$934,093
$60,270
$218,750
$63,273
company.—V. 74, p. 1311.
1901
656,444
50,980
321,665
65,050
218,750
New England Gas & Coke Co.— Dominion Coal Contract.— 6 mos.—
1,271,307
1,959,211
120,124
437,500
130,280
The success attending the reorganization plan makes import- 1902
1901*
1,081,699
51,016
484,316
108,867
437,500
ant a correct knowledge of the contract with the Dominion
* Figures for 1901 are approximately oorreot.—V. 74, p. 1255.
Coal Co. for the coal used in making gas at Everett. The
Rochester (N. Y.) Gas & Electric Co. Bonds Offered.—
"Boston Financial News" recently published substantially N. W. Harris & Co. and Perry, Coffin & Burr are offering
the following digest:
gold bonds of the
The contract was made Sept. 30, 1897, and runs for 25 years; It is $650,000 first mortgage 4J^ per cent $1,000
These bonds are dated April
signed by Henry M. Whitney as President of the Dominion Coal Co. Municipal Gas & Electric Co.
and by Chairman MoGowan of the trustees of the Gas & Coke Com- 1, 1902, and are due April 1, 1942, but redeemable on and
pany. It provides that in consideration of an agreement by the Mew after April 1, 1912, at 1023^ and interest. Interest payable
England Gas & Coke Co. to ereot and equip 150 ovens of a capacity of
6 net tons by Jan. 1, 1899, and 150 additional ovens by July 1, 1899, April 1 and October 1 in New York City; Central Trust Co.,
and in further consideration to lnorease the number of ovens to a of New York, trustee. A circular says:
total of 1,000 at the rate of 100 additional eaoh year, the coal oom
The above bonds are issued by the Municipal Gas & Electric Co.,
pany agrees to supply all of the coal needed of the slack variety to whose entire property has been sold and conveyed to the Roohester
operate the entire plant and not to furnish coal to any other oompany Gas & Electric Co., whioh has assumed the payment of the principal
or Individual in the New England States. The Coke Oompany agrees and interest of the above bonds.
As a result of acquiring this
to buy coal of the Dominion Coal Co to an annual gross amount of property, the Rochester Gas & Electric Co. now controls the entire
365,000 tons, and not to buy of any other company, firm or indi- gas and electric business of the city of Rochester, including important
vidual.
water power rights and plants on the Genesee River. These "bonds
The coal shall be delivered by the coal oompany at the wharves of are a first lien on the new steam power station under construction, and
the Gas & Coke Company free of Insurance and oharges upon the fol- subject only to an issue of $100,000j6
p o. bonds, optional Jan.l. 1904;
lowing terms: (a) Including the first year after 300 ovens have been are a first lien on all the properties of
the Municipal Gas & Eleotrio
completed, at $1 60 a ton; <b) for the second year, at $1 70 a gross ton; Co. and the former Citizens' Light & Power Co., including its water
(c) for the third year, at $1 80 a ton; (d) for the fourth year and durpower plant situated on the Genesee River, near the centre of the city.
ing the rest of the life of the contraot (25 years), $1 90 a ton. PayThe $650,000 bonds now offered are part of an authorized issue of
ments to be made on the 15th day of each month for coal of preceding $1,500,000,
of whioh $100,000 are reserved to retire at maturity
month. The Coal Company agrees to pay the duty on the coal deliv- $100,000 Citizens* Light & Power Co. 6s, optlonalJan. 1, 1904, and
ered up to 15 cents a ton. If the duty exceeds that amount, it is to be the remaining $750,000 bonds are to be issued for the completion of
paid as follows: from 15 cents to 35, by the Gas & Coke Oompany; the new steam power station.
from 50 to 67 cents, by the Coal Company, and in excess of that
Earnings.— The earnings of the combined Rochester Gas
amount by the Coke Company after the proportion paid by the Coal
Company has been deducted.
& Electric Co. and Municipal Gas & Electric Co. properties
About 600,000 tons of coal are now being shipped to Everett are reported for the year ending March 31, 1902, as follows:
Balance,
annually. As the Dominion Coal Co. is receiving from other
Int. on
Gross
Int. on
Other
Net
morts.
earnings.
bonds.
earnings.
income.
parties something like $1 a ton in excess of the price ($1 90)
*^Pvf^A.
$187,480
$222,090 $30,240
$429,223
$10,587
payable by the Gas & Coke Company from now on till the $1,128,826
See also page 176 of Investors' Supplement issued today.
end of the contract in September, 1922, the value of the conV. 74, p. 835.
tract to the Gas & Coke Company is by no means inconsiderable.— V. 74, p. 1359.
QT For other Investment News see Page 1 95.
resignation as President of the
—
THE CHRONICLE.
190
New York and
Brooklyn
[Vol.
LXXV.
Trust Companies.
We
give below the reports of the trust companies in New York and Brooklyn for the six months ending
compared with Dacember 31, 1901, and Jane 30, 1901. Reports for preceding periods will
be found in the Chronicle of February 1, 1902, and Jaly 27, 1901.
Jane
30, 1902,
Company (New York).
Atlantic Trust
Resources.
June 30, '02.
Bonds and mortgages
$1,007,300
1,635,205
10,235,725
146,035
55,330
10,050
1,141,131
92,213
Stock invest's (market value)..
Amount loaned on collaterals.
Amt. loaned on pers'l securit's
Real estate (estimated value)..
Cash on hand
Cash on deposit
Other assets
Central Realty Bond
June 30, '01.
$936,300
Dec. 31, '01.
$1,027,300
55,830
15.094
940,257
163,123
1,408,017
9,480,397
101,522
55,830
11,340
1,172,738
142,870
$14,323,494 $12,788,492
$13,312,014
1,125,591
9,384,375
76,922
Liabilities.
Capital stock
Surplus fund
Undivided
$1,500,000
1,080,121
profits
'.
221,467
11,478,885
43,021
Deposits in trust
General dep'ts, pay. on dem'd
Other liabUities
Co.
(New York).
$1,500,000
1,000,000
12,367
123,489
10,611,151
65,007
$1,500,000
1,000,000
30,0 >3
398,051
9,776,626
83,752
June 30,
Ju'ie30,'02.
Dec. 31, '01.
$2,728,142
8tock Inv'stm'ts (market value)
2,645,602
Amount loaned on collaterals. 3,941,454
Real estate (estimated value).
699,910
Cashonhand
31,669
Cash on "deposit
1,730,415
Other assets
60,226
$2,153,905
1,407,034
4,141,323
885,135
29.487
1,687,880
52,417
$2,085,339
1,065,250
4,516,288
833,350
22,697
811,956
48,942
$10,357,181
$9,383,822
$1,000,000
50J.000
1,205,024
65,974
7,576,746
9,437
$1,000,000
500,000
846,055
134,931
6,382,102
20,734
$11,837,448 $10,357,181
Supplementary.
Total am't profits during year.
'535,978
$1,213,682
Int. credited depos. same per'd
120,598
177,452
Exp. of Institution, same per'd
*38,165
75,552
Amt. of divs. decl'd same per'd
50,000
Amt. depos. on wh. int. is all'd. 8,750,698
7,497,339
Rate of interest
2 to 4 p. o.
2 to 4 p. o.
$9,383,822
Bonds and mortgages
Total
Total
& Trust
R ('SO XtVC C 8
$11,337,448
Liabilities.
Capital stock
Surplus fund..
Undivided profits
Deposits in trust
Gen'l deposits payable on dem.
Other liabilities
1,000,000
500,000
1,522,238
24,793
8,781,474
8,943
Total
$14,323,494 $12,788,492 $13,312,014
Supplementary.
'$217,363
Tot.ani't of profits during year. *$342,122
$466,342
*99,833
*133,212
Int.credited dep'rs same per'd.
237,959
'36,997
Exp. of instit'on, same period.
*59,3?7
117,683
'45,000
*52,500
Amt. of diva, decl'd same per'd
90,000
9,950,000
Amt.ofdep.onwhich int.isall'd 8,931,404
8,831,307
Rate of interest
lHito 3^%. lJfl to 3ia p.c. l^to 3i«p.c.
Total
Ju/ie30,'02.
Dee. 31.'01.
Stock invest'ts (market value). $6,376,340
Amount loaned on collaterals. 10,773,298
Amount loaned on per'l secur..
94,697
Cashonhand
42,260
$5,337,567
7,557,337
115,365
327,442
1,585,142
491,821
Cash on deposit
Other assets
2,053,037
634,014
Total
$19,973,646
June
30, '01.
$4,827,783
7,852,169
212,970
65,558
2,275,332
303,256
$2,500,000
Surplus fund
2,500,000
Undivided profits
48,100
Deposits intrust
6,953
General deposits, pay. on dem. 14,429,664
Other liabilities
488,929
Total
$19,973,646
$2,500,0C0
2,500,000
48,099
$15,414,674
$15,537,068
$681,496
247,996
148,470
9,054,428
*334,654
*132,237
*42,582
9.678,794
10,174,542
314,427
2 tD 3
p. o.
2 to 3 p.
o.
Broadway Trnst Compiny.
June 30, '01.
$99,409
17,988,505
35,269,850
8,000
990,510
34,372
4,887,854
1,123,536
18,180,401
34,893,720
433,000
939,974
36,762
6,961,459
803,203
$60,402,036
$62,529,369
$1,000,000
12,351,148
$1,000,000
11,614,384
3,730,351
42,969,916
350,621
5,892,652
43,629,963
392,370
$62,898,450
Supplementary.
$60,402,036
$62,529,369
Total am't profits during year. *$1, 649, 204
'599,919
Int. credited dep's same per'd.
*11 8,733
Exp. of institut'n. same per'd.
*300,000
Am'tofdivs. decl'd, same per'd.
Amt.of dep.on whichint. ieall'd 40,314,154
(Not stated)
Rate of interest
$3,193,130
1,152,167
203,536
600,000
40,845,227
1 to 3 p. o.
Total
$62,398,450
Capital stock
Surplus fund
$1,000,000
Undivided
profits
12,303,722
Deposits in trust
3,510,278
General dep'ts, pay. on dem'd. 45,123,843
Other
460,607
liabilities
Total
City Trust
$64,165
849,588
Stock investments (market value)
Amo unt loaned on collaterals
Amount loaned on personal securities
Real estate (estimated value)
Cash on hand
Cash on deposit
Other assets
1 ,0
12,062
628,895
5,000
38,550
639,032
26,240
Total
Bonds and mortgages
3 p.
o.
30, '02.
Dec. 31. '01. June 30, '01.
$S28,677
$288,218
2,883,272
Stock invest's (market value)..
Amount loaned on collaterals. 14,171,472
171,246
Am't loaned on pers'l securit's.
28,671
Cashonhand
2,982,174
Cash on deposit
Otherassets
88,176
2,547,297
12,694,616
345,377
36,626
2,679,819
68,181
3,256,055
11,171,981
$21,259,038
$19,000,593
$16,963,723
$1,000,000
1,000,000
485,270
442,845
15,656,724
415,754
$1,000,000
1,000,000
401,563
416,203
13,978,645
167,312
Total
230,926
16,695
1
,920,609
79,239
Liabilities.
$700,000
350,000
Undivided profits
General deposits payable on demand
Other liabilities
4,289
2,178,466
30,777
.
Total
$1,000,000
1,000,000
544.730
mlivi. led profits
Depo.-its in trust
602,773
Gen'l deposits pay'ble on dem. 17,552,251
559,234
Other liabilities
Capital stock
surplus fund
I
$3,2 33,532
$21,259,038 $19,000,593 $16,963,723
Supplementary.
*$3 79,048
'$297,265
$641,746
Total am't profits during year
'201, 9 12
'129,637
290,211
Int. credited dep's same per'd.
'51,732
43,337
80,603
Exp. of institution. same per'd.
*
40,000
Amt.of divs. deprdsame per'd.
r
13,848,535
Amt.ofdep.on which int.isall'd 17,759,320
15, -91,613
2 to 4 p. o. 2 to 3^2 p.O.
2 to 3*2 p. e.
Kate of Interest
Total
Supplementary.
Total amount of profits during the year
Interest credited depositors during the same period
Expenses of institution during the same period
Amount of deposits on which interest is allowed
Rate of interest
t$27,540
t4,646
t8,874
2,131,112
2 to 3%
5 to July 1.
Brooklyn Trnst Company (Brooklyn).
June
Bonds and mortgages
Stock invest's (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)
Cash on hand.
Cashon deposit
Other assets
Total
30, '0 2.
Dec. 31, '01.
$60,750
$84,2 =>0
5,473,312
6,536,875
868,528
IT 196,047
115,601
$16,813,505
June
30, '01.
247,207
$
5,476,735
7,571,133
581,691
170,052
87,335
839,644
258,872
$14,744,390
$14,985,462
1,222,(570
profits
Deposits in trust
$1,000,000
1,8 t7,221
781,521,
General deposits pay. on dem. 13,091,888
Other liabilities
92,875
$1,000,000
1,822,385
664,154
11,166,769
91,082
$1,000,000
1,803.673
459,346
11,625,726
96,717
Total
$16,813,505 $14,744,390 $14,985,462
Supplementary.
Tot.am't of profits during year. '$354, ^30
$618,035
'S274.261
* 147,724
Int.credited depos's same per'd
266,205
•126,527
Exp. of institution, same per'd.
'46,109
9?,057
'45,392
Am't of divs.decl'd, same per'd
'80,000
*80,000
160,000
Amt.of dep.on whichint is all'd 13,647,151
11,496,683
11,73^,925
Rate of interest
2 to 3 p.o.
1 to 3 p. 0.
2 to 3 p. o.
For the six months only, Jan.
1 to
Dee. 31. '01.
$18,250
2,508,449
14,306,086
655,008
133,017
71,432
3,201,085
151,491
$23,741,471
$21,044,818
$24,328,504
$1,000,000
$1,000,000
500,000
Stock investments (m'k'tval.)
Amount loaned on collaterals.
Am't loaned on pers'l eeourlt'e
Real estate (estimated value)..
Cashon hand
Cash on deposit
Other assets
Total
June
'02.
$18,000
2,211,337
15,595,293
1,950.459
133,017
95,379
3,583,171
154,510
June 30,
Bonds and mortgages
30, '01.
$189,550
2,925,940
15,707.219
2,072,438
94,290
3,194,458
144,609
Liabilities.
Liabilities.
Capital stock
York).
Resources.
6,143,318
7,193,290
1,126,355
185,167
118,187
1, 790^831
195,607
.
Company (New
Colonial Trust
Resources.
Undivided
1 to
$634,027
$3,263,532
Capital stock
Surplus fund
May
$1,570,571
•560,905
*105,316
*300,000
40,628,947
Resources.
June
Liabilities.
f
*
Company (New York).
30, 1902.
Bonds and mortgages
$225,850
Liabilities.
Resources.
June
6,830,667
2 to 4 p. 0.
Dec. 31, '01.
Supplementary
Tot. am't profits daring year.. '$286,032
Int.credited dep's, same per'd.
*133,574
Exp. of Institut'n, same per'd.
'46,421
Am't of dep.on which int.isall'd 13,793,883
Average rate of interest
2 to 3 p. e.
'40,976
$164,662
Stock invest's (market value).. 19,570,142
Amount loaned on collaterals. 36,955,177
Am't loaned on pers'l securit's.
369,838
Real estate (estimated value)..
932,022
Cashonhand
43.296
Cash on deposit
3,758,273
Other assets
1,055,010
Bonds and mortgages
$15,414,674 $15,537,068
$2,500,000
2,500,000
395,399
6,403
9,953,512
59,300
*8-<,393
Resources.
Ju7ie30,'02.
Liabilities.
Capital stock
'$703,389
Company (New York).
Central Trust
Bowling Green Trust Company (New York).
J?CSOMT*€€S
'01.
June 30
fr
Book
value.
$1,000,000
500.000
807,106
Undivided profits
117,355
Deposits in trust
(icneral deposits pay. on dem. 21,139.022
177,938
Other liabilities
Capital stock
8urplus fund
50i>,000
718,423
94,439
18,604,333
127,623
6:> 5, 5
13
60,639
21,995,678
116,674
$23,741,471 $21,044,818 $24,328,504
Supplementary.
'$612,562
$1,090,900
Tot. am't of profits during year '*478,80i
'285,418
'230,509
565.451
Int. credited dep's, same per'd
'66,218
"67,860
140,^37
Exp. of institut'n, same per'd.
'50,000
'50,000
100,000
Amt.of ilivs.deol'd same per'd.
21,455,754
17,130,076
Am'tof dep.onwhich int.isall'd '20,79 ,767
2 to 4 p. 0.
2 to 4%
2 to 4 p. o.
Rate of interest
Total
1
»
For the six months only, Jan. 1 to June 30.
t
For year.
Jcly
THE CHRONICLE.
CO, 1902.
Company (New
Continental Trust
191
Flatbush Trust Company (Brooklyn).
York).
Resources.
Resources.
June
Bonds and mortgages
30, '02
June
Dec. 31/01.
$U 1.500
June
30, '02.
Dee. 31/01.
June 30/01.
$319,600
320,326
$336,800
320,826
550,195
42,974
$294,150
303,406
637,270
24,985
32,513
109.838
13,980
20,298
123,743
14,164
$1,407,126
$1,418,016
$200,000
100,000
31,178
$200,000
100,000
27,029
$200,000
100,000
22,501
1,131,765
11,264
1,066,836
13,261
1,090,720
4,795
$1,474,207
$1,407,126
$1,418,016
Supplementary.
*$31,946
Tot.anjt. of profits during year.
"11,301
Int. credited depos same per'd
"9,279
Exp. of institution same per'd.
*5,000
Amt.ofdivs. decl'd, same per'd
Amt. of dep. on wh. int. is all'd. 1,131,765
2 to 3 p.c.
Bate of interest
$67,227
20,902
14,125
5,000
1,066,836
2 to 3 p.c.
*$33,115
30, '01.
Bonds and mortgages
2,406.^65
Stock invest'* (market value)..
Auionut loaned ou collaterals. 14,896,705
519,433
Anit. loaned on pers'l securit's.
103.500
Real estate (estimated value).
13,653
Cash on hand
2,302,112
Cash on deposit
90,801
Other assets
$2,500
1,330,446
7,030,402
268,125
103,500
13,580
1,809,449
70,124
l,131,t'03
Stock inv'stm'ts(tnarket value)
9,254,284
329,300
103,500
8.272
1,246,890
63,107
Amount loaned on collaterals.
Amt.loaned on pers'l securities
Real estate (estimated value).
Cash on hand
Cash on deposit
Other assets
$:0,S50,624
$10,628,126
$12,151,956
.
Total
$15,000
Liabilities.
$500,000
500,000
548,450
$500,000
500,000
419,212
9,069',41-i
10,257
1,000,831
9,719,029
12,881
$10,628,126
$12,151,956
$1,000,000
Surplus fund
2,250,000
profits
703,607
Undivided
1,4 80,300
Deposits intrust
General dep'ts, pa v. on dein'd. 15,400,883
15,834
Other liabilities
Capital stock
$20,850,624
Supplementary.
$592,426
212,114
63,6o2
37,500
"$356,675
"157,746
'39,856
Exp. of institution, same per'd.
Amt.divid'ds decl'd, same per'd
*30,000
Atnt.ofdep.onwhiehiut.is all'd 14,770,584
Tot.aui'tof profits during year.
Int. credited dep's same per'd..
Bate of interest
*$299,841
"98,423
*36,442
"22,500
9,650,294
7,811,762
1 to 3*8 p. o. 1 to 3>a p. o.
Equitable (f jrmerly American Deposit
& Loan
1 to 4 p.
Bonds and mortgages.....
8tock investm'ts(inarhet value)
Amount loaned on collaterals.
Amt.loaned on pers'l securities
Cash on hand.
Cash on deposit.
Other assets....
i«30, '02.
Dec. 31, '01.
$403,250
753,593
$451,000
970,093
5,745,862
110,632
2,004
585,940
56,417
Total.
3,453,23
$7,657,734
Capital stock
Surplus fund
Undivided profits
_
Gen'l deposits payable on dem.
Other
liabilities
Total
Resources.
June 30, '02.
Co.) (N. T.)
June
30, '01.
$686,500
600,398
122,576
22,423
224,548
29,993
2,786,319
424.430
7,348
268,921
53,106
$5,278,370
$4,328,072
7
Bonds and mortgages
Stock invest's (market value)..
Amount loaned on collaterals.
Am'tloanedou pers'l securities
$1,000,000
500,000
8,894
Gen'l dep'its, pay'le on dem'nd 6,024,987
Other liabilities
123,853
Surplus fund
Undivided profits
$500,000
$500,000
242,654
4,464,540
71,676
219,227
4,019,536
89,309
$7,657,734
....
$5,278,870
$4,828,072
Supplementary.
amt
of profits during year.
Int. credited dep'rs same per'd.
Exp. of institution, same per'd.
Amt. of divs. decl'd, same per'd
Amt.of dep.on wli'h int. is all'd.
Bate of interest
Tot.
Farmers' Loan
"$160,611
*76,065
*38,306
*30,000
6,001,422
l^to
Co.
4%
li« to
3 p.c.
& Trust
"$123,174
"56,325
"16,136
*15,000
4,019,536
$217,007
118,933
38,935
30,000
4,464,540
(New
1 "a to
758,295
450.000
107,740
975,270
71,013
..$10,662,462
$10,046,114
$10,276,948
$1,000,000
250.030
1,118,698
212,182
Depositsin trust
General deposits, pay. on dem. 7,914,085
167,497
Other liabilities
$1,000,000
250,000
1,084,324
275,310
7,329,368
107,112
$1,000,000
250,000
1,010,785
238,503
7,678,351
99,309
$10,662,462
$10,046,114
$10,276,948
$700,987
175,829
125,889
115,000
7,503,185
$"346,854
•82,413
•48,471
•55,000
7,753,539
2 to 4 p. o.
Cashon hand
Cash on deposit
Other assets
Total.
Liabilities.
8urplusfund
Undivided profits
Supplementary.
*$293,219
"90,773
*40,007
Exp. of institution, same per'd.
*80,000
Amt. of divs.decl'd. same per'd.
Amt.of dep.on whichint.is all'd 8,054,584
2 to 4 p. o.
Rate of interest
Tot.am't.of profits duringyear.
Int. credited dep's, same per'd.
$310,000
12,233,962
40,581,553
1,014,061
2,833
6,845,442
1,199,777
$255,996
12,508,923
35,012,598
1,010,720
3,446
11,384,633
949,331
$62,187,678
$61,125,647
Liabilities.
Capital stock
Surolus fund
$1,000,000
$1,000,000
6,606,545
$1,000,000
6,440,248
Undivided profits.
Depositsin trust
Other liabilities
6,313,762
58,537,632
286,069
54,316,8*97
2d4,236
53,472,209
213,190
$66,687,463
$62,187,678
$61,125,617
$2,410,403
1,288,193
17*,500
350,000
50,664,274
*$1,332,809
'589,958
Supplementary.
Tot.am't of profits during year. "$1,480,736
Int. credited dep's, same per'd.
"777,577
Exp. of institution, same per'd.
"95,0 13
*200,000
Amt. of divs.decl'd. same per'd.
Amt.of dep., on whichint.is all'd 54,999,441
Bate of interest
1 to 3 p. e.
Fifth Avenue Trust
1 to 3 p.
88,904
"150,000
49,615,001
Stook invest'ts (market value). 12,268,518
Amount loaned on collaterals. 24,434,835
A'm't loaned on pers'n'l sec't's
457,314
154,128
Real estate (estimated value)
Cash on hand
46,030
Cash on deposit
5,816,502
Due from banks & other assets 2,682,300
.
June
$2,000,000
4,500,000
Undivided profits
600,320
Deposits in trust
1,959,667
General deposits, pay. on dem. 36,538,617
Other liabilities
329,543
Capital stock
Surplus fund
Total
$45,928,677
Supplementary.
Tot. am't of profits during year.*$l,l 53, 104
"469,403
Int. credited dep's, same per'd.
Exp. of institution, same per'd.
*138,481
*160,000
Ani'tofdivs. decl'd same per'd.
Ani'tof dep.on whichint.is all'd 36,557,990
Rate of interest
1*q to 4 p. o.
Resources.
30, '02
Bonds and mortgages
30, '02.
Dee. 31/01.
June 30/01.
$148,000
$144,000
Stock investmts. (market val.) 4,2i0,898
Amount loaned on collaterals. 10,137,405
Amt.loaned on pers'l securit's.
241,563
Cash on hand
75,088
Cash on deposit
1,004,209
Other assets
143,606
3,226,003
9,221,483
1,045,302
115,538
3,354,255
7,612,023
326,588
49,740
981,918
117,868
$14,000,996
$12,586,392
$1,000,000
1,000,000
91,663
11,909,333
$500,000
500,000
511,174
11,075,218
$14,000,996
$12,586,392
$608,735
214,089
68.542
100,000
11,789,333
*$328,626
"105,421
"46,610
*30,000
10,248,921
152,199
92,471
$15,992,771
Liabilities.
Capital stock
Surplus fund
$1,000,000
1,000,000
Undivided profits
206,308
Gen'l dep'its pay'le on dem'nd. 13,786,463
Total
$15,992,771
Supplementary.
Tot.amt.of profits during year
*$366,336
Int. credited dep'rs, same per'd
Exp. of institution, same per'd
Amt. of divs.;decl'd same per'd.
Am't
of dep. on wh. int.
Bate of interest
*
For the
six
is all'd.
*133/10
*36,181
*60,000
13,666,463
months only, Jan.
2 to 3 p.c
1
to
June
IHj to 3 p.
30.
o.
1
H to
3 p.
0.
$39,395,060
$40,575,949
$2,000,000
4,500,000
258,601
2,142,563
28,979,768
1,514,128
$2,000,000
4,000,000
644,514
2,132,586
31,602,490
196,359
$39,395,060 $40,575,949
*$1.095,819
*360,438
"103,719
*160,000
31,078,090
1 to 4 p. 0.
$1,935,234
763,963
216,988
320,000
29,109,140
l 1^ to 4 p.c.
Dec. 31,'01.
June
30, '01
$621,775
$639,674
$629,249
1,371,735
4,568,102
293,703
31,237
569,207
200,722
1,364,446
4,165,379
157,799
40,530
40,402
598,648
203,105
1,524,933
3,612,440
144,365
60.295
35,277
590,954
$7,661,481
$7,209,983
$6,842,389
$500,000
500,000
373,932
96,644
$500,000
500,000
340,015
151,580
$500,000
500,000
359,718
165,826
6,094,236
9 3.669
5,617,205
101,183
5,273,156
43,639
$7,661,481
Supplementary.
Tot.am't of profits during year. *$2 10,090
"68,891
Int. credited dep's, same per'd.
*27.201
Exp. of institut'n, same per'd.
"20,000
Am't of divs. decl'd. same per'd.
Am'tof dep.on whichint.is all'd 6,090,700
Rate of interest
2 to 4p.o.
$7,209,983
$6,342,389
$289,204
124,421
66,632
40.000
*$130,120
Stock invest's (market value).
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value) .
Cash on hand
-
Cashon
deposit
Other assets
Total
Total
12.328,578 $12,425,926
20,005,048
17,240,513
293,282
445,288
153,891
152,678
40,723
37,417
5,490,123
4,470,840
2,171,475
4,715,227
Hamilton Trust Company (Brooklyn).
June
$140,000
Bonds and mortgages
$45,928,677
Company (New York).
Resources.
June 30, '01.
Dec. 31, '01.
Liabilities.
1 to 3 p. c.
c.
'03.
$69,000
Total
$66,687,463
p. o.
Resources.
June 30,
.
2 to 4
Guaranty Trust Company (New York).
Bonds and mortgages
$1,115,500
Stock invest, (market value)... 18,683,411
Amount loaned on collaterals 37,918,687
Beal estate (estimated value)..
1,016,983
Cash on hand.
4,219
Cash on deposit
6,829,366
Other assets
1,119,297
Total
$491,200
4,331,061
2,852,535
450,000
101,220
844,973
52,910
York).
June 30, '02. Dee 31/01. June 30/01.
Total
$500,200
4,505,576
3,070,971
1,156,462
Real estate (estimated value)..
4%
Resources.
Bonds and mortgages
June 30/01.
Dee. 31/01.
4,793,086
2,342,174
948,080
450,000
114,457
1,051,536
86,415
Total
Total.
1,090,720
2 to 3 p. o.
$480,350
Capital stock
Liabilities.
Capital stock
"9,491
*9,127
Franklin Trust Company (Brooklyn).
c.
Resources.
Ju
49.372
7,821
28,432
118,951
16,215
$1,474,207
Total
Liabilities.
Total.
612,91.0
244,376
Liabilities.
Capital stock
Surplus fund.
Undivided profits
Deposits in trust
General deposits, pay. on dem.
Other
liabilities
Total
For the six months only, Jan.
1 to
June
5,702,817
2 to 4 p. 0.
30.
*62,481
•28,152
•20,000
5,323,982
2 to 4 p. o.
THE CHRONICLE.
192
Holland Trust Company (New York).
Resources.
June 30, '02.
Resources.
$11,734
611,016
111,167
228,675
248
9,532
37,101
$11,734
623,366
93,392
228,675
88
18,328
46,356
$11,659
681,921
85,524
240,467
Stock investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities
1,526
107,087
31,267
Cash on deposit
$1,009,473
$1,021,939
$1,159,451
Real estate (estimated value).
Bonds and mortgages..
Other assets
Total
$1,595,078
Liabilities.
Other
$500,000
21,745
36,046
123,906
327,776
$500,000
39,217
41,672
115,369
325,683
$500,000
60,042
48,015
210,487
340,907
$1,009,473
$1,021,939
$1,159,451
demand
liabilities
Total
Supplementary.
Tot.amt.of profits during year.
"$9,588
"1,899
Int. credited dep's, same per'd
"16,368
Expens. of instit'n, same pe r'd
Anit.of dep. onwh.int. allow'd
98,800
2 to 3 p. c.
Kate of interest
$46,000
*$17,159
4,218
44,522
97,144
*1,895
"10,693
97,312
2 to 3 p. c.
2 to 3
p. o.
Dee. 31, '01.
$299,983
459,714
8,181,853
704,378
241,619
73,397
506,036
62,558
$264,283
552,151
7,522,514
578,191
232,077
90,557
645,865
82,270
$164,283
936,127
7,565,039
634,759
232,000
76,495
522,896
70,992
$10,529,578
$9,967,908
$10,202,591
Bonds and mortgages
Cash on hand
Cash on deposit
Other assets
Total
Other
June
Total
,$1,595,078
Supplementary.
Total amount of profits during the year
Interest credited depositors during the same period
Expenses of institution during the same period
Amount of deposits on which interestis allowed
Rate of interest
May 6
$500,000
$500,000
$500,000
1,000,000
8,321,533
185,569
1,000,000
126,707
213,585
8,004,657
62,989
1,000,000
97,124
251,637
8,170,373
183,457
$10,529,578
$9,967,908
$10,202,591
166,210
356,266
demand
Total
Supplementary.
Total am't profits during rear. "$244,751
"105,876
Int. cred. dep's same period...
"41,379
Exp. of institut'n same period.
*25,000
Am't of divs. decl'd same per'd
Am'tofdep.onwhiohint.isall'd 8,276,533
Rate of interest
2 to 4 p. o.
Resources.
30. '02.
June
Bonds and mortgages
$407,884
192,488
92,148
50,000
7,895,918
2 to 4 p.
o.
"$196,754
*94,349
*36,477
*25,000
8,092,373
2 to 4 p. c.
$29,318,821
$32,473,592
$1,000,000
1,686,749
5,316,016
28,937,026
294,170
$1,000,000
1,508,399
4,628,884
21,911,366
270,172
$1,000,000
1,387,221
3,636,492
26,220,327
229,552
$37,233,991
$29,318,821
$32,473,592
Supplementary.
"$784,698
Total am't profits during year.
"367,226
Int. credited dep's same per'd.
Exp. of institut'n. same per'd..
"103,860
Am't of divs. decl'd, same per'd
*35,000
Am'tofdep.onwhichint.isall'd 29,771,475
Rate of interest
l^a to 4 p.o.
$1,308,185
594,581
203,751
70,000
22,555,238
"$625,540
"276,306
"84,502
*35,000
23.864,239
1 to 4 p. o.
Liabilities.
Total
Long Island Loan & Trust
500
500
500
3,656,012
318,916
3,442,551
363,125
2,711,086
594,017
$14,329,862
$15,192,138
$12,337,423
Capitalstock
$1,000,000
Surplusfund
1,000.000
Undivided profits
919,115
Deposits in trust
506,837
Gen. deposits, payable on dem. 10,865,718
38,192
Other liabilities
$1,000,000
1,000,000
737,019
826,287
11,602,832
26,000
$1,000,000
200,000
1,481,451
471,480
9,175,491
9,001
$14,329,862
$15,192,138
$12,337,423
Supplementary.
Totam't of profits during year. "$442,641
"127,835
Int. credited dep's, same per'd.
"65,270
Exp.of institution, same per'd.
"30,000
Am't of divs.decl'd.same per'd
Am'tofdep.onwhiohintisall'd 10,521,016
1 to 4 p. o.
Rate of interest
$800,280
191,318
128,853
60,000
*$263,502
'92,762
"61,853
'30,000
7,885,184
Total
Total
June
Bonds and mortgages
$737,550
Stock invest's (market value)..
1,671.390
5,562,950
266,338
165,000
67,656
629,379
118,812
i:i ;il
collaterals
pers'l securit's
estate (estimated value)...
Cash on hand
Cash on deposit
Other assets
Total
$9,219,075
lto4p.
o.
Dec. 31, '01.
$668, 590
1,642,492
4,212,263
June
$210,190
141,250
165,000
33,190
611,382
90,465
1,643,071
2,038,097
140,749
165,000
39,578
218,617
40,915
$7,564,632
$4,496,217
$668,935
$461,500
1,365,620
5,361,374
733,525
50,429
605,288
92,837
1,322,388
4,701,485
673,230
44,142
554,552
72,415
1,344,849
4,829,388
728,175
48,627
583,432
66,187
$8,770,473
$8,037,147
$8,062,158
$500,000
500,000
450,879
$500,000
500,000
392,463
34941
7,219,826
64,827
31,301
6,573,607
39,776
$500,000
500,000
365.892
25,543
6,613,427
57,296
$8,770,473
$8,037,147
$8,062,158
Supplementary.
"$131,495
"85,007
"28,915
"20.000
Amt.ofdep.on which int.isall'd 7,254,768
2to4p.c.
Rate of interest
$356,504
169,862
69,925
50,000
"$189,719
"85,254
Stook invest's (market value)..
Amount loaned on collaterals.
Amt. loaned on ptrs'lseo'ties .
Cashonhand.
Cashon deposit
Other asstts
$7,564,632
$4,496,217
Supplementary.
Total am't profits during year. "$161,076
*62,77&
Int. cred. dep's same period..
*33,865
Exp. of instiiut'n same per'd..
*50,000
Am't divs. declared same per'd
Amt.ofdep.on. which int.isall'd 0,772.998
2 to 4 p. c.
Rate of interest
$186,308
76,541
34,954
62,500
"$83,475
*37,449
"14,822
"25,000
3,386,828
2 to 4 p. c.
June
30. '01.
Liabilities.
Capital stock
8urplus fund
Undivided profits
Deposits in trust
Gen'l deposits, pay'le on dem.
Other
liabilities
Total
...
Tot. am't of profits during year.
Int. oredited deps. same per'd.
Exps. of institu'n, same per'd.
Amt. of div. decl'd, same per'd.
6,604,908
"28,935
"20,000
6,638,970
2to4p.
2to4p.o.
o.
Resources.
30, '02.
June
Dec. 31, '01.
S38.310
5,948,604
45,633,186
52,128
35,345
37,917
12,815,^30
318,349
5,751,759
51,675,649
3,000
38,845
31,423
10,977,007
181,511
$63,016,257
$65,036,589
$68,854,926
$2,000,000
$2,000,000
5,000,000
5,000,000
327,957
312,896
-r
2,217,922
2 o fi 4 = J
oo^db.^au^
54,538,513
451,850
967,258
$2,000,000
4,000,000
885,123
2,025,184
59,723,977
220,642
13,258
12,567, (-74
Total
30, '01.
$195,730
Cashonhand
Cash on deposit
Other assets
June
$195,730
mortirafres
$190,355
Stock invest's (market value).. 6,565,605
Amount loaned on collaterals. 43,230,160
71,128
Am't loaned on pers'l securit's
34,567
Real estate (estimated value)..
Bonds and
Liabilities.
$9,219,075
1 to
June
Dee. 31, '01.
30, '01.
563,162
160,475
3,226,352
46,228
For the six months only, Jan.
stated.
Mercantile Trust Company (New. York).
$1,000,000
1,000,000
337,355
99,503
6,013,305
114,469
$1,000,000
1,000.000
357,609
Deposits in trust
185,515
Gen'l deposits, pay. on dem'd.
6,587,483
Other liabilities
88,468
Surplusfund
Undivided profits
*
Not
30, '02.
Liabilities.
Capital stock
Total
11,508,219
1 to 4 p. c.
$561,400
Bonds and mortgages
Co. (Brooklyn).
Resources.
Jnne 30, '02.
Am'tloanedon
Am't loaned on
$9,500
3,923.688
5,098,632
Cash on hand
Cash on deposit
Other assets
Total
$37,233,991
Other liabilities
30, '01.
Resources.
.
Undivided profits
June
$9,500
3,685,037
7,691,425
Manufacturers' Trust Company (Brooklyn).
June30,'07. Dee. 31, '01. June30, '01.
Bonds and mortgages
$952,691
$1,057,717
$1,140,249
Stock invest'ts (market value).
3,018, * 74
2,3^9,690
2,836,913
Amount loaned on collaterals 27,338,790 20,639,704 23,267,513
Am't loaned on pers'l securit's.
633,756
673,070
606,920
Real estate
649,154
650,013
624,748
Cash on hand
210,981
192,815
137,028
Cash on deposit
4,152.146
3,447,086
3,644,130
277,599
Other assets
268,726
216,091
Deposits in trust
Gen'l deposits, pay. on demand
Dec. 31, '01.
Stock invest'ts (market value).
Amount loaned on collaterals.
Resources.
Capital stock
c.
$9,500
3,776,603
6,568,331
Knickerbocker Trust Company (New York).
Total
445,990
2 to 3p.
Liabilities.
Capital stock
liabilities
r26,068
1 1,310
tl9,362
to July 1.
30, '01.
Surplusfund
Undivided profits
Other
1,070,939
18,243
liabilities
Liabilities.
Deposits in trust
Gen'l deposits, pay. on
$500,000
5,396
500
Undivided profits
Deposits in trust
General deposits payable on demand,
Manhattan Trust Company (New York).
Resources.
30, '02.
June
Capitalstock
t
Kings County Trust Company (Brooklyn).
Stock invest's (market value) .
Amount loaned on collaterals.
Am't loaned on pers'l securit's
Real estate (estimated value)..
30, 1902.
$54,000
642,727
165,951
17,070
13J203
690\022
- 12,105
Casnonhand
Liabilities.
Capital stock
Surplus fund
Deposits in trust
Gen'l dep. payable on
June
June 30, '01.
Cash on hand
Cash on deposit
Other assets
LXXV.
McYickar Realty Trust Company.
Dec. 31, '01.
Bonds and mortgages
Stock invesiin'ts market value
Amount loaned on collaterals.
Total
[Vol.
5,112,809
2 to 4 p. c.
30.
$500,000
Capitalstock
Surplusfund
Undivided profits
Deposits in trust
General dcp'ts.pav. on dem'd
Other liabilities
>
J
$63,016,257
Total
Supplementary.
Total am't profits during year. "$1,246,242
"633,846
Int. credited dep's, same per'd.
"92.334
Exp. of institut'n, same per'd.
"50,000
Amt of divs.decl'd.same per'. I
Amt.ofdep.on whichint. isall'd 51.057,358
Rate of interest
*
For the
six
1
months only, Jan.
to 4 p.
1 to
o.
June
$65,036,589
$68,854,926
$2,839,166
1,349,910
184.503
500,000
52,099,949
1 to 4 p. o
'$1,258,169
'672,213
"96,495
"200,000
57.S50.030
30.
1 to 3
^
p. o.
July
THE CHRONICLE.
1903.]
86,
New York
Merchants' Trust Company (New York).
193
Life Insurance
June
30. '02.
Dec. 31. '01.
June
30,'01.
Stock inVstin'ts(market value) $1,439,729
Amount loaned on collaterals. 6,671,466
288,892
Cashonhand
2,027,354
Caen on deposit
20,113
Other assets
$1,314,405
7,903,448
1,352,659
794,658
459,922
$1,100,010
7,911,005
85,325
2,770,057
322,798
$10,447,554
$11,831,092
$12,190,395
Total
Bonds and mortgages
$500,000
$500,000
$500,000
Surplus fund
1,000.000
374,715
8,548,168
24,671
1,000,000
260,677
10,057,066
13,349
1,000,000
142,121
10,540,774
7,500
$10,447,554
$11,831,092
$12,190,395
profits
Gen'l deposits payable on dem.
Other
liabilities
Total
$39,925,310
$36,443,031
$39,060,976
$1,000,000
4,083,853
50,806
32,123,322
2,667,329
$1,000,000
3,958,670
41,854
28,917,011
2,525,496
$1,000,000
3,900,300
33,452
31,687,827
2,439,397
$39,925,310
$36,443,031
$39,060,976
Supplementary.
Total am't profits during year. '$959,064
'454,292
Int. credited dep's same per'd.
*64,948
Exp.. of institution, same per'd
'200,000
Am't of divs. deci'd.same per'd
Amt.of dep.onwhiohint.is all'd 32,123,322
1 to 5 p. c.
Rate of interest
$1,585,431
887,325
186,766
400,000
28,917,011
1 to 5 p. c.
*$816,748
'422,273
*62,651
*200,000
31,687,827
Cashonhand
Cash on deposit
Other assets
Liabilities.
Capitalstock
8urplus fund
Undivided profits
Deposits in trust
Other
liabilities
Total
Ami
'$167,967
*7l,459
'31,876
10.436,150
l^toS^p.o.
June 30, '01.
$3,185,487
10,676,656
6,603,789
12,068,501
468,848
2,000,000
1,711,030
2,346,665
Stock invests, (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's
Real estate (estimated value)..
Supplementary.
Tot.aint of profits during year. '$355,575
$487,883
*124,739
Int. credited depos. same per'd
171,448
*96,727
Exp. of institution, same per'd.
128,387
of dep. on wh.int.isall'd.
8,523,168
9,926,953
Rate of interest
I>tto4p,o. l'atoS^p.o.
Dec. 31, '01.
$3,525,487
11,076,547
8,647,145
7,267,678
468,848
2,000,000
1,084,936
2,372,390
Total
Capital stook
York).
$3,562,957
11,092,818
6,680,551
12,078,387
787,671
3,000,000
381,636
2,341,290
Liabilities.
Undivided
& Trust (New
Resources.
June 30, '02.
Resources.
1 to 5 p.
c.
Metropolitan Trust Company (New York).
New York
Resources.
Juue
30, '02.
Dec. 31, '01.
June
$526,033
16,259,270
508,000
8,336
1,347,165
225.037
$1,138,997
18,044,779
498,000
7,835
1,555,465
244,444
$20,374,263
$18,873,841
$21,489,520
$1,000,000
1,000,000
1,033,568
15,778,019
62,254
$1,000,000
1,000,000
895,524
18,488,875
105,121
$18,873,841
$21,489,520
$528,314
269,386
46,785
50,000
15,134,097
1 to 4 p. c.
$"543,039
Total
Resources.
June 30, '02.
30, '01.
8toek invert's (market value)..
$869,233
Am't loaned on collaterals ... 17,511,769
Real estate (estimated value)..
548,000
32,922
Cashonhand
Cash on deposit
1.196,793
215,546
Other assets
$1,000,000
Surplusfund
1,000,000
Undivided profits
1,158,945
General deposits, pay. on dem. 17,048,603
Other liabilities
166,715
Total
$20,374,263
'$481,328
*197.948
Int. oredited dep's same per'd.
Exp. of institut'n same per'd.
*43.265
Am't of divs. dec same per'd.
*50,000
Am'tofdep.onwhichint is all'd 16,177,068
Rate of interest
1 to 4 p. c
Jwie30,'01.
$1,094,028
15,315,514
17,066,347
583,988
26,846
8,685,068
218,119
2,777,931
170,662
$54,090,307
$45,190,237
$37,035,316
$1,000,000
3,000,000
38,931
$1,000,000
2,500,000
79,162
109,340
41,091,951
59,355
33,339,730
116,424
$54,090,307
$45,190,237
$37,035,316
Supplementary.
$1,872,370
Total am't profits during year. "$1,814,452
'649,490
773,700
Int. credited dep's same per'd.
*73,759
109,290
Exp. of institut'n same per'd..
'130,000
200,000
Am't of div. decl'd same per'd..
25,746,619
Am'tofdep.onwhichinUsall'd 47,867,532
1 to 3^ p. o. lto3i«p. e.
Rate of interest
*$884,493
*343,346
'52,828
*100,000
23,085,962
Total
*42,382
*50,000
17,298,567
1 to 4 p. o.
Dec. 31, '01.
Liabilities.
$1,000,000
3,500,000
72,982
Capitalstock
Surplusfund
Undivided profits
Deposits in trust and general
deposits payable on demand. 49,407,985
Other liabilities
Total
U93.090
(New York).
$995,342
13,475,696
21,544,968
232,950
38,096
Supplementary.
Tot.am'i«f profits during year.
Co.
$797,022
8tock invest's (market value).. 15,967,500
Am't loaned on collaterals .... 31,246,544
54,050
Am't loaned on pers'l securit's.
32,185
Cashonhand
5,548,632
Cash on deposit
444,374
Otherassets
Bonds and mortgages
Liabilities.
Capitalstock
& Trnst
Security
1 to 3 p.
o.
Morton Trust Company (New York).
North American Trust Company (New York).
Resources.
June
June
Dec. 31 '01.
8tockin'v'8tm'ts(marketvalue) $8,530,271
Amount loaned on collaterals. 33,265,064
Amt. loaned on pers'l securities 5,254,500
Cashonhand
37,838
Cash on deposit
11,598,116
336,043
$6,911,929
34,797,360
4,402,000
34,118
12,462,416
419,547
$8,220,061
42,356,168
4,105,000
38,675
8,231,551
546,128
$59,021,832
$59,027,370
$63,497,583
Other assets
Total
,
Resources.
30, '02.
30, '01
30, '02.
June
Dec. 31. '01.
Bonds and mortgages
$26,489
4,760,243
6,299,140
2,519,116
26,489
8tocklnves'ts (market value).. 3,508,433
Amount loaned on collaterals. 10,135,234
748,662
Am'tloaned on pers'l securities
Real estate (estimated value)..
271,046
Cashonhand
Cash on deposit
1,413,157
892,756
Otherassets
29,603
1,585,766
1,046,938
June
30, '01-
$5,150,645
6,599,572
1,090,069
38,911
2,051,103
3,524,943
946,294
Liabilities.
Capital stock
$2,000,000
Surplusfund..
2,000,000
Undivided profits
3,373,061
Deposits in trust and general
deposits payable on demand. 51,517,694
Other liabilities
131,077
Total
$59,021,832
$2,000,000
2,000,000
2,562,193
$2,000,000
2.000,000
2,026,585
52,380,921
84,256
57,382,229
88,769
$59,027,370
$63,497,583
$16,267,295
$19,401,537
$2,000,000
2,500,000
300,000
Generaldep'ts, pay. on demand 12,127,807
67,970
Other liabilities
$2,000,000
2,500,000
284,840
11,443.498
38,957
$2,000,000
2,500,000
209,253
14,656,382
35,902
$16,995,777
$16,267,295
$19,401,537
Supplementary.
Total am't profits during year. '$521,825
'114,886
rnt.credlteddep'rssauie period
*79.499
Exp.of institution, same peiiod
*70,000
Am't of divs. decl'd, same per'd
Am't of dep.on which int.is all'd 8,370,884
2to4p.c.
Rate of interest
785,359
199,908
206,359
140,000
*$398,789
'103,995
"105,413
*70,006
8,294,199
Liabilities.
Capitalstock
Surplusfund
Undivided profits
Total
Supplementary
Tot. amt. of profits during year.*$1.491,103
Int. credited depos. same per'd
'450,746
Exp. of institution same per'd.
*143,536
Amt. of divs. decl'd same per'd
'100,000
Amt. of dep. on wh. int. is all'd. 37.628,117
Rate of interest
1 to 3 p. o.
$16,995,777
Total
$2,454,327
850,913
253,787
'$1,263,282
'359,660
'89,279
38,879,967
1 to 3 d. c
49,695,369
1 to 4 p. o.
Nassau Trnst Company (Brooklyn).
People's Trust
June 30,
Bonds and mortgages
Stock iuvest's (market value)..
Amount loaned on collaterals.
An? t loaned on pers'l seourit's.
Real estate (est. value)
Cashonhand
Cash on deposit
Other assets
Total
June 30,
'01.
'02.
Dec. 31, '01.
$338,919
677,721
4,327,580
353,604
167,000
26,803
412,304
88,314
$387,919
915,515
3,656,008
301,966
167,743
43,709
303.S93
82,012
$6,392,245
$5,858,765
$5,834,901
$500,000
442,141
101,468
$500,000
416,166
71,005
$500,000
411,069
44,771
5.292,249
56,387
4,839,632
31,962
4,854,495
24,566
$6,392,245
$5,858,765
$5,834,901
$258,507
117,590
36,416
80,000
$121,525
$399,219
1,112,710
3,095,338
434,506
166,260
24,784
515,310
86,774
Undivided
profits
Deposits intrust
Gen'l deposits, pay'ble on dem.
Other
liabilities
Total
Amt.of divs. decl'd, same per'd
Amt.of dep.onwhichint.is all'd
Rate of interest
*
*$149,367
'70,437
*19,895
*15,000
5,393,718
2to4p.c
For the six months only, Jan. 1 to June
2,756,320
8,226,214
523,845
222,400
296,370
974,928
144,560
.
.
$13,748,824 $13,725,275
June
30, '01.
$609,438
2,774,535
8,119,632
396,647
242,400
239,396
1,296.508
14 1,539
$13,820,095
Liabilities.
$1,000,000
1,000,000
Undivided profits
490,018
435,617
Deposits in trust
General deposits, pay. on dem.. 10,394,710
428,479
Other liabilities..:...
$1,000,000
1,000,000
569,746
315,040
10,620,209
220,280
$1,000,000
1,000,000
5a7 'g££
2«9,7e0
10,/72,233
240,254
$13,748,824
$13,725,275
$13,820,095
Capitalstock
8urplus fund
Total
Supplem entary.
Total am't profits during year.
Int.credited dep's, same per'd.
Exp. of institution, same per'd
$580,638
$565,988
Stock Invest'ts (market value)
3,455,290
Amount loaned on collaterals.
7,099.055
655,315
Am'tloaned on pers'l securit's.
Real estate (estimated value)... - 233,400
139,209
Cashonhand
Cash on deposit
1,468,693
131,874
Otherassets
Liabilities.
Capital stock
Dec. 31, '01.
Bonds and mortgages
Total
2to4p.c.
Company (Brooklyn).
Resources.
June 30, '02.
Resources.
6,911,318
2 to 4 p. o.
Supplementary.
4,910,637
2 to 4 p. o.
30.
*55,858
*17,216
*15,000
4,899,266
2 to 4 p. o.
Total am't profits during year. '$294,062
'119,134
Int. credited dep's same per'd.
Exp. of institut'n, same per'd.
'37,099
'60,000
Am't divs. declared, same per'd
Am't of dep.onwhioh int.is all'd 10,323,251
2 to 4 p. o.
Rate of interest on same
*
For the six months only, Jan.
1 to
June
$572,313
271 -£5i
7
,7i'
£2
120,000
10,875,510
2 to 4 p. o.
30.
*$ 270
'?ri
io='*nn
*%nZn%
g<>,000
10,939,714
Ztoip.
o.
1
THE CHRONICLE.
194
Real Estate Trust Company (New York).
[Vol.
Trust Company of the Republic.
Resottrces.
June 30.
Resources.
'02.
Dee. 31, '01.
June
30. '01.
$288,000
$291,500
$326,500
1,238,568
6,208,309
22,654
955,748
52,168
1,633,340
6,810,211
12,100
16,731
969,523
52,276
1,760,160
5,280,600
5,000
19,576
1,617,694
50,795
$8,765,447
$9,785,6S1
$9,060,325
$500,0C0
250.0C0
342,002
$500,000
250,000
316,541
$500,000
250,000
296,935
7,598,574
74,871
8,649,687
69,453
7,972,759
40,631
$8,765,447
$9,785,681
Supplementary.
$344,263
Total am't profits during vear. '$187,946
*102,662
191,812
Int. credited dep'rs same per'd
*24,989
Exp. of institution same per'd
50,374
*25,000
60,000
Amt. of divs.deol'd, same per'd
Amt.dep. on wh. Int. is allowed 7,598,574
8,571,558
3*3
Rate of Interest
2to3»ap. o. 1 to
p. o.
$9,060,325
Bond8 and mortgages
Stock inveB'ts (market value).
Amount loaned on collaterals.
Amt. loaned on pers'l securlt's.
Cash on hand
Cash on deposit
Other assets
Total
Liabilities.
Capital stock
Surplus fund
Undivided profits
Deposits In trust
Other
liabilities
Total
'$153,852
'82,801
'25,104
*20,0i0
7,889,041
lto3^p.
c.
June 30, 1902.
Stock investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Otherassets
Total
$4,542,264
Liabilities.
Capital stock
=
Surplus fund
Undivided profits
Deposits in trust
General deposits payable on
Other liabilities
Total
demand
$4,542,264
Supplementary.
Total amount of profits during the year
Interest credited depositors during the same period
Expenses of institution during the same period
Amount of deposits on which interest is allowed
$161,229
1,044
38,512
2,745,17
2 to S^ p. c.
Rate of interest
Union Trust Company (New York).
Resources.
Dee. 31, '01.
30, '02.
June
30, '01.
2,777,608
9,434,298
250,000
35,071
3,812,712
164,715
2,418,375
7,147.651
151,158
27,623
3,908,920
60,049
$17,500
2,601,454
5,664,975
21,040
12,87*
1,392,903
62,313
$16,474,404
$13,731,276
$9,773,063
$17,500
Cash on hand
Cash on deposit
Other assets
$1,000,000
500,000
123,149
139,650
2,745,171
34,294
Total
Resources.
Bonds and nv rtgages
Stock inves'ts (market value).
Amount loaned on collaterals..
Amt. loaned on pers'l securlt's.
$1,023,766
2,751,788
100,350
40,832
585,992
39,536
rash on hand
Cash on deposit
Standard Trust Company (New York).
June
LXXV.
June
Bonds and mortgages
30, '02.
$682,750
June
Dec. 31, '01.
$839,188
14,834,020
48,986,543
1,900,000
2,541,720
30, '01*
1,755,224
710,634
$1,093,713
18,618,170
43,861,660
1,900,000
2,007,786
2,266,137
1,443,672
$71,567,329
$71,191,138
$1,000,000
6,905,587
$1,000,000
6,691,353
62,311,228
1,350,514
62,582,133
917,652
$73,454,295
$71,567,329
$71,191,138
Supplementary.
Total am't profits during year. *$1. 59 1,326
'901,315
Int. credited dep's, same per'd
Exp. of Institution, same per'd
*100,143
Am't of divs. decl'd.same per'd
"200,000
Amt.ofdep.ouwhiohint.isall'd 62,731,341
Rate of interest
1 to 3^ p. o.
$2,696,186
1,496,793
409,147
320,000
60,885,903
'1,224,382
'676,384
'194,383
'160,000
60,816,245
1 to 4 p. c.
1 to 4 p. o.
Stock invest'ts (market value). 13,122,493
Amount loaned on collaterals. 51,517,368
Real estate (estimated value).
1,900,000
Cashonhand
3,030,437
Cash on deposit..'.
2,536,910
Otherassets
664,337
Total
$73,451,295
Liabilities.
Capital stock
Surplus fund
Undivided profits
Deposits in trust
Gen'l dep.. payable on dem'd
Other liabilities
Total
$1,000,000
250,000
341,915
403,746
9 763,914
1,971,701
$1,000,000
250,000
226,743
5.8,543
7,767,777
$16,474,404 $13,731,276
$9,773,063
$1,000,000
250,000
463,970
i
<i qqa ona
",<J8u,^u»
)
\
5
^
1,380,225
Supplementary.
Total am't profits during year. '$355,789
*158,850
Int. credited deps., same per'd.
Exp. of institut'n, same ner'd.
*44,883
Amt. of divs.deol'd, same per'd
'30,000
Amt.ofdep.onwhiohint.isall'd 13,102,468
Rate of interest
2 to 4 p. c.
Title Guarantee
& Trust
'$182,034
*75,530
*32,8£6
'30.000
7,480,379
$519,125
182,873
70,853
60,000
9,830,114
2 to 4 p. o.
Co.
(New
2 to 3*2 p.
o.
Liabilities.
Capital stock
$1,000,000
Surplus fund
7,157,532
Deposits In trust and general
deposits payable on demand 61,139,894
Other liabilities
1,156,869
Total
United States Morlgage
York).
Resources.
June30.'02. Dec. 31, '01. JuHe30,*01.
$8,691220
$7,415,815
$7,444,090
Stock investm'ts (market val.)
1,018,750
1,037,500
1,031,250
Real estate (estimated value).
42,935
200 000
Cashonhand
8,478
6,436
5,941
Cash on deposit
448,450
532.S0O
745,892
Otherassets
541,727
496,772
509,113
Bonds and mortgages
Total
$10,781,560
$9,702,415
$9,722,694
Total
$10,781,560
June
$2,500,000
3,500,000
59,983
35,900
2,663,950
942,582
$2,500,000
2,500,000
885,135
64,760
$9,702,415
$9,722,694
2.340,911
1,431.888
Dec. 31. '01.
$9,882,451
4,329,5bl
7,482,145
147,392
27,505
6=1,201
8%297
4,004,440
736,259
$26,988,166
$28,722,483
$2,000,000
Surplus fund
3.000,000
Undivided profits
311.045
441,485
Deposits in trust
deposits,
General
pay. on dem.. 17,203,828
Other liabilities
9,254,488
$2,000,000
2,750,000
300.79 s
592,697
13,192,593
8,152,378
$2,000,000
2,500,000
393,990
1,149.056
14,538,881
8,140,556
$32,240,846
$26,988,466
$28,722,463
$1,855,047
637.6S0
243,126
240,000
12,347,570
1 to 4 p. c.
'$91 1,129
$32,240,846
Liabilities.
Capital stock
2 to 5
p
o.
'940,1 75
*57,414
'412,977
'150,000
20,700,923
2 to
4^
p .< .
Total am't profits during year. '$1,030,660
'353..90
rnt. credited dep's, same per'd.
105,865
Exp.of institution, same per'd.
'140,000
Am'tofdlvs decl'd, sameper'd.
Am'tofdep.onwhichinUsall'd. 16,725,987
1 to 4 p. c.
Rate of interest
/uue
June 30,
30, '01.
$277,833
$271,833
Stock lnv'stm'ts (market value) 8,017.739
Amount loaned on collaterals. 13,005,745
Amt. loaned on pers'l securities
366,250
Cashonhand
33,410
Cash on deposit
3,017,460
Otherassets
155,012
8,203,809
11,830,634
318,000
27,874
2,160,343
190,477
7,849,882
11,629,719
545,000
19,978
1,806,531
176,760
$23,008,970
$22,299,703
$25,171,384
Bonds and mortgages
8tock invest'ts (market value).
Amount loaned on collateral*.
Am't loaned on pers'l securit's
Real estate (estimated value)..
Cash on deposit
Otherassets
Total
Liabilities.
Capital stock
Surplus fund
$2,500,000
2,500,000
Undivided profits
534,050
Deposits in trust
109,766
Gen'l deposits payable on dem. 19,363,228
Other liabilities
164,340
Total
$25,171,384
*$541.163
*217,84l
Exp. of institution, same per'd.
*57,899
Amt. of divs. decl'd same per'd
*87,500
Amt. ofdep'sonwh.int.isall'd 19,318.209
Rate of interest
I 1 ! to 4 p. o.
*
For the
six
months
only, Jan. 1 to
June
'02.
Dec. 31, '01.
June
30, '01.
1,089,441
$4,180,000
7,140,135
55,502,098
12,879,300
1,000,000
5,580,844
754,085
$4,244,500
16,212,837
47,174,744
9,019,421
1,000,000
5,625,545
994,013
$87,300,776
$87,036,462
$84,271,060
$4,338,000
7,873,050
57,696,362
8,857.927
1,000,000
6,445,!
96
Liabilities.
$2,500,000
2,500,000
419,345
72,039
17,390,998
126,588
$2,500,000
2,500,000
342,122
368,696
16,426,841
162,041
$23,008,970
$22,299,703
Supplementary.
Total am't profits during year.
Int oredited depos. same per'd
1 to 4 p. c.
Resources.
Dec. 31. '01.
$575,768
Total
*326,C95
'117,253
'120,000
14,098,440
United States Trust Company (New York).
Resources.
Bond and mortgages
!
Supplementary.
$1,761,656
110,651
788,361
300,000
3,246,060
Trust Company of America (New York).
Jwrai>30, '02.
'01.
$9,443,530
5,855,483
8,251,267
229.185
117,022
4,553,695
497.516
Total
*30'\0<
Amt. divs. declared, same per'd
Amt.ofd«p.onwh. int. allowed 3.^27,195
Rate of interest
l»sto5p.c.
June 30,
30. '02.
$9,956,069
Stockiuvest'8 (market value)..
6,017,533
Loaned on collaterals
11,585,347
Loaned on personal securities.
105,808
Real estate (estimated value)
Cashonhand
98,218
Cashon deposit
3,712.530
Other assets
735,341
Supplementary.
Total am't profits during year. *$1 ,075,497
Int. credited deps., same per'd.
$64,980
Expens. of instit'n, same per'd
*417,733
Trust (New York).
Bonds and mortgages
Total
Liabilities.
Capital stock...
$2,500X00
Surplus fund
3,500.000
Undivided profits
287,527
Deposits )n trust
55,496
Gen'l dep., payable on dem'd..
2,804 030
Other liabilities
1,634,507
&
Resources.
$2,000,000
10,000,000
Surplus fund
2,094,960
Undivided profits
Deposits in trust and general
deposits, payable on demand 71,927,24^
1,278,573
Other liabilities
$2,000,000
10,000,000
1,696,629
$2,000,000
10,000,000
1,609,457
72,044,187
1,295,646
69,395,001
1,266,602
87,300,776
87,036,462
$84,271,060
$3,400,642
1,*45,956
165,506
1,000,000
71.513,857
'$1,629,829
*926,87|
Capital stock
Total
Supplementary.
965,575
369,452
137,485
262.500
17.360,999
'$530,586
'170,605
*69,063
*175,000
16.558,859
l^to4p.o, l>2to4p.
30.
c.
Total am't profits during year. **1,965.910
rnt. creel, dep's. same period.. '1.082.996
73,061
Exp. of institution, same per'd.
*500.000
Am'tol divs. deold. same per'd
Amt.ofdeponwhiohlnt.isaU'd 71,119.261
1 to 3 p. o.
Rate of iuterest
'For the six months only, Jan.
1 to
June
lto3p.
30.
c.
'67,09;*
*500,000
68. 707,361
1 to 3 p. o-
July
THE CHRONICLE.
26, 1902.]
Tan Norden Trust Company.
June
Resources.
30, 1902.
$1,043,958
2,330,651
218,720
11,273
513.067
182,004
Stock Investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Cash on band
Cash on deposit
Other assets
$4,299,673
Total
Liabilities.
$1,000,000
1,000.000
21,242
1,950,872
327,559
Capital stook
Surplus I'uml
Undivided profits
General deposits payable on demand
Other liabilities
$4,299,673
Total
Supplementary.
Total amount of profits during the year
J$71,297
12,787
Interest credited depositors during the same period.. .....
116,552
Expenses of institution during the same period
.......
2,204,564
Amount of deposits on which interest is allowed
2 to 3>jp. o
Rate of interest
—
t
March 31
to July
1.
Washington Trust Company (New York).
Resources.
30, '02.
June
Dec. 31, '01.
$60,600
701,702
8,815,200
310,000
June
30, '01.
6,628
5*5,028
78,767
$79,100
834,442
8,583,000
90,000
3,562
608,031
95,024
8,565,800
190,000
7,313
602,433
93,741
$10,527,925
$10,293,159
$10,316,411
Undivided
$500,000
500,000
353,864
$500,000
500,000
326,970
$500,000
500,000
300,032
and general
deposits payable on demand.
Other liabilities
9.127,828
46,2a
8,935,500
30,689
8,980,950
35,429
$10,527,925
$10,293,159
$10,316,411
Supplementary.
Total am't profits during year. *$251 ,928
*124,634
Int. credited dep's same per*d.
*28,66d
Exp. of institufn same per'd..
*30,000
Am't of divs. decl'd same per'd
Amt.of dep.on which int. Is all'd 9,0 4 1 ,484
1 to 4 p. o.
Rate of interest
$443,609
246,075
70,032
50,000
8,858,011
1 to 4 p. o.
*$249,896
*114,867
Bonds and mortgages
Stock invest'ts (market value*
Amount loaned on collaterals.
Amt. loaned on pers'l seourit's
Cash on hand
Cash on deposit
Other assets
Total
$76,100
781,024
Liabilities.
Capital stock
Surplus fund
profits
Deposits in trust
Total
*29,«31
*25,000
8,962,470
1 to 4 p. o.
Williamsburg Trust Company (Brooklyn).
195
take over the controlling interest held by Theodore N.
Barnsdall in the stock of the following companies, viz.:
Manufacturers' Gas Co. of Bradford, Pa.; Warren & Chautauqua
Gas Co. of Warren, Pa.; Logan Gas Co. of Ohio; Bnokeye Gas Co. of
Ohio; Newark Gas Co., Newark. O., and several minor companies.
The company has made a collateral trust mortgage, secured by the stocks owned, to the Colonial Trust Co. of
Pittsburg, as trustee, to secure $2,000,000 of 6 per cent $1,000
gold bonds, dated June 1, 1902, and due $500,000 yearly from
1904 to 1907, both inclusive, but not subject to call. Prior
liens outstanding, none.
We have been favored with the following from one in a
position to know the facts
The company praotioally covers the natural gas interests as at present existing owned by Theodore N. Barnsdall, who Is the largest Individual oil and gas operator in the United States to-day. In conjunction with this corporation he has entered into a joint oompany dual
with the Standard Oil interests to lay 200 miles additional pipe in the
heart of West Virginia, which will insure both his own oompany and
the Standard Oil interests at Toledo, Ohio, an ample supply of gas for
years. The Union Natural Gas Corporation is proceeding at onoe to
re-plpe the towns of Findlay, Fostoria, Sandusky, Fremont, Buoyrus,
Wooster, and in fact nearly all of the olties of Northwestern Ohio
again for natural gas, thus making the strange situation of West Virginia gas being piped to and soid in the former great gas fields of
North western Ohio. It Is estimated that the net earnings of the corporation will be over $1,000,000 a year, as the present constituent
companies are earning $800,000 now, gross, and these earnings will
be largely increased. Over a million of these short-term bonds have
been placed at par and interest, and they are rapidly being taken by
banks.
President, T. N. Barnsdall; Secretary and Treasurer, E. P.
Whitcomb. Office, First National Bank Building, Pittsburg.
United Boxboard & Paper Co.— Increase of Stock.—This
company has increased its authorized capital stock from
$1,000,000 to $28,967,400, of wtiich $14,948,900 will be preferred 7 per cent cumulative. This is preparatory to carrying out the proposed consolidation. See list of plants and
their capacity in V. 74, p. 1041.
—
The following officers, etc., have been announced:
Officers.
Roberts, First Vice-President, R. F. Newcomb;
President, James
Second Vioe-PreBident, Charles D. Brown; Secretary and Assistant
Treasurer. W. O. Staley; General Manager, Augustus H. Ivins; General Counsel. Lawrence & |Hnghes; Auditors, Barrow, Wade, Guthrie
& Co. The City Trust Co. of New York will be the stock transfer
agent and the United States Mortgage & Trust Co. the registrar.— V.
75, p. 33.
A
Light Co., Springfield, Mass.— New
shareholders on July 23 voted to petition the
Massachusetts Gas & Electric Light Commission for leave
to increase the capital stock by $200,000, $100,000 of the proceeds to be used to pay for putting wires underground and
other items.— V. 70, p. 180.
United Electric Secnrlties Co.— Galled Bonds. —The
Trust Co., as trustee, has called for reAmerican Loan
United Electric
Stock.
— The
&
Resources.
demption at 108 and accrued interest to Aug. 1, 1902, collatJune 30, '02. Dec. 31, '01. June 30, '01. eral trust 5s to the following amounts: Seventh series, $170,$172,700
$156,200
$227,700
Bond* and mortgages
Stock invest'ts (market value).
Amount loaned on
collaterals
Am't loaned on pers'l seourit's
Real estate (estimated value)
.
Cash on hand
Cash on deposit
Other assets
Total
1,297,884
2,526,158
821,15]
180,800
67,697
829,183
12,259
1,285,954
2,771,546
324,090
1,351,501
3,099,528
377,634
40,200
280,131
14,267
15,941
550,372
42,323
$5,662,832
$4,888,888
$5,593,499
12o,<>54
$700,000
350,000
120,130
103,344
$700,000
350,000
132,6*9
40,508
4,294,348
4 5,725
3,582,353
33,061
4,335,865
34,477
$5,662,832
$4,888,888
$5,593,499
Liabilities.
$700,000
350,000
1?2,105
Capital stock
Surplus fund
Undivided
profits
Deposits in trust
Gen. depos. payable on dem'd.
Other liabilities
Supplementary.
Total am't profits during year. *$130,126
Int. credited dep's, same per'd.
Exp. of institut'n same per'd.
Amt. of dlvs. decl'd same per'd
Am'tofdep.onwhiehinUsaird
Rate of interest
"
For the six months
'36,465
*24,583
*28,000
4.415,002
2 to 4 p. o.
only, Jan. 1 to
June
$227,313
86,56*
61,218
42,000
3,685,697
2 to 4 p. o
*$108,260
*39,800
*24,960
*21.000
4,365,865
2to3»2p.
c.
30.
Ridgewood Ice Co., Brooklyn, N. Y.— Mortgage.— A mortgage has been executed to the City Trust Company of New
York, as trustee, to secure $300,000 20-year 6 p. c. gold bonds.
The mortgage, it is stated, covers, with other property, ice
houses on Hudson River at Castelton, Poplar Island, Athens,
Dover, Piatt Island (Coxsackie), Schodack and Marlborough.
St. Lawrence River Power Co. of Massena, N. Y.— Reorganized Company. This company was incorporated at
Albany on July 19 with $7,000,000 capital stock, of which
half is 6 per cent non-cumulative preferred, as successor of
—
the St. Lawrence Power Co. foreclosed, per plan in V. 74, p.
6S3.-V. 75, p. 80.
Trenton Potteries Co.—Suit.— W. R. Wilcox and Wood,
Havemeyer & Kearny, as stockholders, on July 24 obtained
a temporary injunction from the Court of Chancery at Trenton, N. J., restraining the company from issuing $550,000 of
certificates of indebtedness for the purpose of funding the
past- due dividends on its preferred stock.
The case will
—
000; tenth series. $69,000; twelfth series, $69,000; thirteenth
$19,000.— V. 74, p, 216.
series,
United States Steel Corporation.— Decision Delayed.—The
expected conference of the New Jersey Court of Errors and
Appeals regarding the Berger suit was not held as expected
on July 21. The next conference is set for Sept. 19, so that
the decision must go over until fall. Argument in the suit of
William H. Curtis^ and others to enjoin the conversion plan
has been adjourned until Sept. 5.
Competition. The Philadelphia "News Bureau" gives the
following as coming from Pittsburg:
STEEL INGOT CAPACITT.
U. S. Sleel Oorp'n—
Gross tons.
Independent companies
Ouqnesne, Pa
1 ,000,000 (incl. works building)— dross tons.
Edgar Thomson, BesseJones &Laughlins, Pitts. 975,000
—
mer, Pa
Homestead, Pa
South Chloago.lll
1,000,000 Sharon (Pa ) Steel Co... 300,000
1.900.000 Union Steel Co
300,000
835,000 Ashland (Ky.) Steel Co.. 150,000
Jollet, 111
600,000 Republto Ir. & Steel Co. 350,000
Union. Chicago
325,000 Cambria Steel Co
825,000
Lorain,
550,000 Pennsylvania steel Co.. 800,000
Bellaire.
300,000 Lackawanna Steel Co... 705,000
Newcastle, Pa
600,000 Tennessee C I. & RR.Co. 300,000
Youngstown, O
250,000
650,000 Colorado F. &I. Co
Newburg, Cleveland
600,000 La Belle Irou Works
150,000
Shoenberger, Pittsburg. 345.000 Oruoible Steel Co
300,000
8maller works (8)
400,000
1,029,000 Various
Total
9,734,000
Total
5,695,000
Actual production, year
1901-02
9,034,580 Capacity thronghout'01. 4,945,000
The ingot production in the-Ucited States in 1901 was 13,369,611 tons.-V. 75, p. 139, 81.
—The July edition of
the Hand-Book of Railroad Securipublished by the Financial Chronicle of New York,
has been issued.
The book contains in a small compass
a vast amount of information concerning the various
railroads and a number of the industrials whose securities are dealt in on the leading Stock Exchanges.
It shows
their earnings, dividends, etc., for a series of years, present
fixed charges, and also the amounts of the different issues of
bonds outstanding, their rates of interest, etc. There is also
given the monthly range of stocks and bonds for 1901 and to
July 1, 1902, together with a yearly range for the past four
years
Price one dollar, or to Chronicle subscribers,
ties,
come up next Tuesday. V. 75, p. 81, 83.
seventy-five cents.
Union Natural Gas Corporation, Pittsburg, Pa,— Con—$100,000 IT. S. Steel Corporation bonds and a similar
solidation—Bonds Offered. —This company was organized re- amount of 30-year gold bonds of Montclair, N. J... are offered
cently under the laws of Delaware, withj$6,000,000 capital for sale by T. W. Stephens & Co. The advertisement is on
stock in $100 shares, all of one class and all outstanding, to page viii.
THE CHROMCLE,
196
Ijghe
COTTON.
(&&mmtxtml %xmt%o
Friday Night, July
market
for futures resulting
from liquidation by speculative
holders. At the decline, however, the demand for cash lard
has shewn no marked improvement. The close was steady
at ll'ICc. for prime Western and 10*25@10 75c. for prime
City. Rt fined lard has had only a small sale, exporters being
reported as doing practically nothing. The close was quiet
at ll-25c. for refined for the Continent. Speculation in lard
for future delivery has been moderately active. Early in the
week prices declined sharply under free selling to liquidate
,
speculative holdings. The close was steadier.
DAILY OLOSrHG PHIOB8 OF LARD FUTURES.
Sal
Hon
11-17
1117
10-97
Tuet.
Wed. Thurt.
10-80 11-00
1100
from the South to-night, is given below, For the week ending
evening the total reoeipts have reached 12,544 bale?,
this
against 14,416 bales last week and 10,561 bales the previous
week, making the total reoeipts since the 1st of Sept., 1901,
7,419,890 bales, against 7,490,715 bales for the same period of
1900-1, showing a deorease since Sep. 1 , 1901, of 70,825 bale*.
Stetipit
v
at—
,
10-72
Tuts.
Wed.
Thurt.
*ri.
Total.
404
969
55
10
506
14
1,958
330
515
156
2,287
1
237
348
3,873
5
4
140
35
Brunsw'k.Ae
Jnarleston.....
*
172
184
597
3,034
3,034
6
10
66
3
1
Pt. Royal, Ac
Wilmington....
16
1
17
Waeh'ton.Ac
Norfolk
146
........
N'p't
News, Ac
New
York.....
Pklladel'a,
Tot. this
664
100
100
Boston
Baltimore
974
180
71
154
6
7
7
Ac.
week
1,637
272
68
1.287
?,S82
909
205
438
1,267
4c 8
5
621
260
124
621
340
4.855
12,544
The following shows the week's
Sept.
1,
1901,
and
total receipts, the total since
the stocks to-night, compared with last year.
1901-02.
Seeeiptt to
July 25.
iaiveston...
Sab. P., Ao.
Mew Orleans
Fri.
.
for choice grades, closing at 18@21}^c. for creamery. Cheese
has had only a limited sale, but offerings have not been
large and pi ices have held steady, closing at 9@10c. for State
factory, full cream. Fresh eggs have been unchanged and
steady for best grades, closing at 20@20J^c. for choice West-
Mon.
Sat.
aalveston
Bab. Pass, Ac
New Orleans..
Mobile
Pensaoola, Ac.
lavannah......
1110 P'saoola,Ae.
Pork has had only a small jobbing sale locally, but prices Savannah...
have held steady at $19@19 50 for mess, $20 50@21 for family Br'wlck.Ae
and $20@2l 50 for short clear. Cutmeats have been in mod- Oharleston.
erate demand and firm at 9@93^c. for pickled shoulders, 12@
P.Royal.Ac
\2%c. for pickled hams and l]%@12c. for pickled bellies, 14
Wilmington
@lu lbs. average. Beef has been quiet and unchanged at $12
@14 for mess, $15@15 50 for packet, $15 5C@18 50 for fanily Wash'n, Ao.
and $23 50@24 for extra India mess in tcp. Tallow has con- Xorfolk
tinued to be sparingly offered at d prices have advanced to N'portN.,Ac
6%c. Stearines have been quiet and easier, closing at 12^c. New York...
for lard sttarine and Yd%c. for oleo stearine. Cottonseed oil Boston......
has been quiet and easit r, prices declining to 42@42i£c. for Baltimore
prime yellow. Butter has been in fair demand and steady Phlladel.Ae.
July
25, 1902.
The Movement of the Chop, as indicated by our telegrams
COMMERCIAL EPITOME.
Friday Night, July 25, 1902.
Reports relative to the business situation have been quite
generally of an encouraging character. The present season
of the year is usually a slow one in many lines of trade.
Within the past week, however, there has developed increasing interest on the part of buyers, and in a few instances
contracting for supplies in anticipation of fall requirements
Railroad returns of earnings show
is fairly well under way.
that merchandise has been moving freely; in fact, manufacturers and dealers have reported a good, steady call for
deliveries on outstanding contracts, as well as a moderate
volume of new I usiness to replace depleted stocks. Reports
frcm the iron ar d steel trades have reported general activity,
with extensive contracting of supplies for delivery during
Weather conditions in the South and West have been
1903.
generally favoral le for the growing cotton and grains crops,
and they are understood to be making good progress and
promising large yields.
Lard on the spot has declined, following a break in the
LXXV.
[Vol.
Ihit
week.
1900-01.
Since Sep.
1, 1901.
Mince Sep.
1, 1900.
1,958 2,031,431
94,709
3,873 2,247,850
5 152,631
3,816 2,118,665
148
50,380
10,638 2,422,680
S3 109,675
221,616
597 1,131,020
3,034 140,267
10 362,996
1,577
1,773
......
17
277,778
1,267
452,442
37,040
113,195
119,839
100,538
34,579
438
260
124
621
340
Stock
1902.
1901.
4.193
40,679
60,123
3,875
81,730
6,805
2,903 1,077,374
661 131,282
6,820
22,514
230,994
1,215
3,094
886
2,579
6,742
14,701
185,486
81
183,635
6,000
4,673
3,046
5.0J0
2,434
3,403
233,059
365,655
100
84
68
882
12,544 7,419,890
Totals
Tkit
week.
3,115
143
1,741
180
152
766
nmmmmm
180,440
258,048
522
425.358
35.191
153,026
196,645
71.487
87,175
24,553 7,490,715
......
......
«*a
..
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons!
Seeeiptt
at—
1902.
1901.
1900.
1899.
1898.
1897.
ern.
252
741
915
1,346
1,958
3,964
Brazil grades of coffee have been ftirly active. There has aalves'n.Ac.
984
1,894
10,638
6,209
1,811
3,873
been extensive trading for a strong financial clique, and New Orleans
46
31
41
33
1,375
5
their purchases have advanced prices. Receipts of new-crop Mobile
636
4.451
273
98
coffee have been increasing, and Brazil has been a freer seller. Savannah...
597
2,903
The close was qniet at 5 40c. for Rio No. 7. West India Obas'ton, Ao
31
548
235
355
10
84
growths have been in moderate demand for the bttter grades, Wllm'ton, Ac
1
1,131
7
36
17
68
and prices for good Cacuta have advanced to 8%c. East Norfolk
1,602
4,681
178
5,508
1,267
3.115
India growths have been quiet. Speculation in the market N. News, Ao.
28
148
1,248
347
438
for contracts has been active. There has been aggressive All others...
1,313
1,559
6,743
2,157
4,379
8,600
buying by a bull clique, and this demand has advanced
3,207
7,372
9,728
prices.
The close was easier. Following are the closing Tot. this wk. 12,544 24,558 27,954
asked prioes:
lnee Sept. 1 7419,890 7490,715 6515,809 8331.825 8599.160 6676,496
5-250.
July
5-30o. Oot
5-20o. Jan
The exports for the week ending this evening reach a total
5-3(0. Nov
Aug
5-150. March
5350.
Bept
5-30o. Deo
5-25o. May
545o. of 31,785 bales, of which 6,386 were to Great Britain, 2,482
Raw sugars have been in active demand, the market being to France and 22,917 to the rest of the Continent. Below
cleaned of all offtringe. The close was firm at 3 7-16c. for are the exports for the week and since Sept. 1, 1901.
centrifugals, 96-deg. test, and 2/jC bid for muscovado, 89-deg.
From Si9*. 1. 1901, to July 86 1902
Week Ending July 26, 1002.
Refined sugar has been fairly active and firm at 4-65c.
test.
jjxporud to—
M-cporltd to —
Mx9orti
for granulated. Pepper has been in more active demand and
Oenti.
Ivf.
firiae
Oentifrom—
Fr«n<«
France
firmer. Teas have been fiim but quiet.
nsnt.
Brtt'n.
nsnt. Wt*k lift tun
Kentucky tobacco 1 as had a fair sale, both exporters and
870,594 34!»,638 "535,755 1.765.887
2.162
aalreiton....
the home trade being buyers; prices have held firm. Seed29.92H
85,815
65,741
Sab. Paat, Ao.
leaf tobacco has been in limited supply and has been held at
731.067 1,911,831
633,968 291,891}
6,766
3.828
Raw Orleans.
steady prices; business has been quiet. Foreign grades of
89,809
62.511
98,820
Mobile
tobacco have been quiet and without changes.
84.888
96,617 13,199
194 614
Peniaeola....
Straits tin has been in larger snpply, and under freer offer- Sarannah
649.311
219.445 48,340
817,101
41,793
6,048
ings prices have declined, closing quiet at 28 05@28 40c. The Brunswick ...
78.660
120,701
3,031
8,031
72,114
65,206
187,620
demand for irigot copper has shown no improvement and Charleston...
prices for Lake have weakened to ll*85@ll*95c.
Lead has PortBoral...
119,801
868,379
119.076
been quiet but steady at 4'12>£c. Spelter has been firmly Wilmington..
3,100
23.096
80.995
held at unchanged prices, closing at 537^c. Pig iron has Norfolk
200
86.676
85,375
tf'port N., Ao.
been in active dtmand and firm.
288,974
611.925
300 12,241 13.C81
299,063 28,688
1,143
York....
Sew
Refined petroleum has been easier, closing steady at 7 20c.
7,162
16T.T84
160,622
Boston
in bbls., 8 50c. in cases and 485c. in bulk. Naphtha has
750
67.866
180,877
68.271
276
826
560
Baltimore
been unc hanged at 9'05c. Credit balances have been quiet at Philadelphia,
17.7S2
8.862
16.370
$1 22. Spirits turpentine has advanced, closing steady at fen Fran., Ao.
166,888
164.974
10.864
600
6J0
4?3^@48c. Rosins have been quiet and unchanged at $1 b7%
6,386
2.182| 22,917 81,785;3,007,7ea'787.661 8,761,714 6.497.110
Total
for common and good strained. Hops have been in fair deionn.ni
r«»ai.
ift.Sflfl
88.0-9 7'.7f9 'a.P*'.**!* 78' 149 2.630 W4 « 859.671
96
341
mand and firmer. Wcol has been fairly active and firm.
,
.
.
JrLT
.
.
'26,
THE CHRONICLE.
1903.]
197
In addition to above exports, our telegrams to-night also
give as the following amounts of ootton on shipboard, not
add similar figures for
cleared, at the ports named,
Hew York, which are prepared for our speoial use by Messrs,
We
Lambert * Barrows, Produce Exchange Building,
ON SHIPBOARD, DOT OLBABED FOB—
Leaving
July 25 at—
Hew
Britain\
& ™t
1,579
4,614
Orleans.
Other
Ger-
Coast-
many. For'gn
718
trite.
314
767
370
6,067
268
Salves ton
Savannah
Charleston
Mobile
ttock.
Total.
13,292
1,025
46,831
3,168
6,450
1,215
3,876
4,442
134,186
13,705
370
...
2,300
New York
"Too
i'ioo
"Too
Other ports
2^300
1,800
800
900
OOOO
©©
oo
I
I
Total 1902..
1,679
Total 1901..
Total 1900..
9.727
18,648
6,535
8,741
2,109 11,500 14,914
6,343
8.1 13
6,973
2,380
4,614
2,618
19,187
45,223
35,084
213,872
1
9
i
i
320,432
I
'
9
i
i
1U\554
in cotton for future delivery has be?n more
active an 1 the feature has been the liquidation of the outstanding interest in July contracts. The parties who own
the bulb: of the cotton held inNevYork issued notices unexpectedly on Tuesday for the delivery of 85,000 bales on the
July contracts which they had sold agunst their holdings o c
actual cotton. These notices circulated somewhat freely and
brought out selling for the account of speculative holders.
Another factor that has had a tendency to induce liquidation
on the part of speculative holders of August contracts has
been the receipt of advices from the South saying that the
movement of the new crop will be e irly and that there will be
a considerable quantity of new cotton available, if necessary,
for the delivery on August contracts. Prominent factors in
the market have taken advantage of the break in prices in the
summer months to buy in their contracts for these deliveries
r Speculation
the new-crop months. Liverpool cable advices h we
reported that there has been considerable liquidation in that
market of the specuTative holdings for Egyptian and New
Orleans account. Weather reports from the South have been
in the main favorable, and the encouraging outlook for a full
yield from the growing crop has had its influence against
valu >s. To-day notices were issued for the delivery of 40,000
bale3 of July contracts; they were well taken care of, and
free buying by shorts to covsr contracts held the market firm.
The close was stea ly, with prices 1 point lower to 7 points
higher far the day. Cotton on the spot has been easier, closing at 9c. for middling uplands.
The rates on and ofi middling, as established Nov, SO, 1901,
by the Revision Committee, at whioh grades other than
middling may be delivered on contract, are as follows.
Fair
..o. 1-14 on
Good Middling Tinged
Even
0-80 on Strict Good Mld.Ttnged.c. 0-20 on
Middling Fair
0-50 on Strict Middling Tinged.... 0-06 ofl
Strict Good Middling
Good Middling
32 on Middling Tinged
12 ofl
0-14 off Strlot Low Mid. Tinged... 0-34 ofl
Strlot Low Middling
0-38 off Middling 8talned
Low Middling
50 ofl
0-72 off Strlot Low Mid. Stained... 1-06 ofl
Strlot Good Ordinary
Ordinary
1-00
Good
1-50 ofl
off
Low Middling Stained
On this basis the official prioes for a few of the grades for
the past week— July 19 to July 25 -would be as follows.
and
I
I
I
I
19
I
I
Hon Taei Wed
Sat.
Good Ordinary.
8*37
8-37
899
899
8-25
8-87
8-25
Low
9%
9*
9 1*
Middling..
Middling
_
Good Middling.
Middling Fair..
9*
9b9
969 9-67 957
1017 1017 1005 1005
GULF.
Sat.
Good Ordinary..
Good
8-50
8-62
8-50
Z
9-24
924 912 812
9°B
9h 9^ 9-fl
9-94
9-94 982
9-82
10-42 10-42 10-30 10-30
.
Middling...
Middling Fair...
STAINED.
Hon Tact Wed
Sat.
Low Middling. ... .......... ...
Middling
Low
Middling Tinged..
Good Middling Tinged
Strlot
Hon Toes Wed
8-6
Low Middling...
Middling
887
Tfe.
806
868
Vrl
800
8 62
9
9 86
9-32
9-80
Th.
Frl.
938
831
8-25
8 93
887
9 5 i«
9*
7-50
957
i
1011 1005
Tk. Frl
9-6
7-87
8 87
7-87
8-87
7-75
8-75
775
756
8-75
8'56
850
903
903
891
9-37
9-37
9-25
891
925
872
906
8-66
9 00
for middling upland at New York on
July 25 for each of the past 32 years have been as follows.
1902. ...c. 9
1894. ...e. 7
1886. ...0. 90 16 1878. ...0.11%
8l 16
106 16
8>«
1877
12k
1901
1893
1885
11 "is
10^8
1900
1892
1884
11
1876
7k
14 'a
eig
1875
1899
1891...... 8
1883
10
6i,«
1874......17
1898
1890. .....12«4
1882
12\
21
1897
1889
Ilk
1881
ll"ie 1873
73 16
22
1896
1888
lOHis 1880
ll"ie 1872
20\
1871
1895
1887
1879
11%
7
103s
Note.—On Oct. 1,1874, grades of ootton as qnoted were ohanged.
Aeoordlngto the new classification Middling was on that day qnoted
%g. lower than Middling of the old classification,
The quotations
MARKET AND
Spot Market
Closed.
Saturday .. Quiet...
Monday.... yalet...
Tneaday . Quiet at
.
Wednesday
Thursday
Friday
Tetal
.
Futures
Market
Closed.
...
*8
SALES.
8teady
......
Saxes or Spot
Ex-
Con-
Con-
port.
tump.
tract.
436
dec
Quiet
Quiet at 3i« dec Weak
Quiet at lie dec Very steady.
A Comtbaoi
600
total
635
85
559
535
83
1,159
1,769
i"2*4
381 84,200 34,481
1.035
2,184 34,200 37.419
obob
cccp
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id
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The Visible »upply of Cotton
1
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sell
UPLANDS.
0000
toa
H
w
19
.00
oo
w
»
O
made up
'
to-night, as
toy
as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
July 25), we add the item of exports from the United States,
ncluding in it the exports of Friday only.
1901
1900
1899
1902
itock at Liverpool
hales. 631,000 579.000
318,000 1,097,000
nook at London
19 000
8,000
9,000
6,000
Total Great Britain stock. 650,000 587,000 327,000 l,10i,000
jable
and telegraph,
is
itook at Hamburg. .... .... .._
22,000
22,000
23,000
82,000
Stock at Bremen
108.000
84,000 136,000 350,000
3took at Amsterdam....
1,000
3,000
Jtook at Rotterdam
200
200
300
Btook at Antwerp
3,000
3,000
4,000
4,000
Stock at Havre
125,000 119,000
119,000
192,000
3took at Marseilles
3,000
4,000
3,000
6,000
Stook at Baroelona
*40,000
60,000
76,000
95,000
Stock at Genoa...
65,000
11,000
20.000
29,000
nook at Trieste
7,000
28,000
6,000
17,000
Total Continental stocks- 319,000 829,200 397,200
665,3 30
Total European etookc. 969,000 916,200
724,200 1,767,800
India ootton afloat for Europe
28,000
31,000
56,000
46.000
Imer ootton afloat for E'rope. 67.000 151,000
83,000 106,000
f
jEgypt.Braill,<be.,aflt.ior E pe
15,000
22.000
15.000
12,000
sk in
Stock
1b Alexandria, Egypt."..
67,000
73,000
Egypt...
60,000
95,000
Stock In Bombay, India
415.000 527.000 290,000 506,000
Stock in United States ports.. 233,059
400,464
365,655 145,638
Stook In U.S. Interior towns..
53,408
237,436
79,993 180,963
United States exports to-day. .
9.5 8
2,476
8,726
9,703
Total Visible supply
1,911.570 2,306,521 1.403,722 3,144,925
Of the above, totals of American and other descriptions are as follows:
'„
.
American—
Uverpool stook
bales. 531,000
451,000 227,000 1,018.000
Continental stooks
269,000 253,000 363,000 589,000
american afloat for Europe...
83.000 106,000
67,000 151,000
Onited States stook
233.059 365,655 145,638 400,464
United States Interior stooks.
53,408 237,436
79,993 180.963
8.725
United States exports to-day..
9.703
9,703
2,476
9.518
Total American
1,189,570 1,411,321" 874,522 2,359,625
Matt Indian, Bratil, 4c
79,000
Uverpool stock
91,000
100,000 128,000
5,000
19.000
9.000
Londonstook
8,000
76,300
76,200
34,200
Continental stooks
50,000
„
81,000
rndla afloat for Europe
28,000
46,000
56,000
15,000
12 000
15,000
22,000
gTPt. Brazil, Ac, afloat
73,000
Stock in Alexandria, Egypt...
67,000
95,000
60,000
506,990
290,000
Stock In Bombay, India....... 415,000 527,000
Total East India, Ac. ...... 722 ,000 895 200 531,200 785,300
Total American.'....... :~^ 1,189,570 l,4ii,'32i _ 874,522 2,359,625
Total visible supply.. .....1,9 11, 57 2,306,521 1,406,722 3,144,925
3«6d
4i3 32 d.
Middling Upland, Liverpool..
6\d.
427 38 d.
o't
8*80.
Middling Upland, New York..
lOHiflO.
So.
84o.
3.
66gi.
6«8d.
5%
Egypt Good Brown, Liverpool
esjed.
7 "si.
63iad.
7i«d.
6 7sd
Peruv. Bough Good, Liverpool
7d.
7d.
3%d.
5l3 16 d.
43 16 d.
Broach Fine, Liverpool. ......
4"i«d.
3i«d.
6d.
J^nevelly Good, Liverpool...
4\d.
43i6<l.
* See news item on page 200.
Continental imports past week have been 66.000 pales.
The above figures indicate a decrease in 1902 of 391.9ol
bales as compared with same date of 1901, a gain of 505,849
bales over 1900 and a decline of 1,233,355 bales from 1899.
—
OT
THE CHRONICLE.
198
At the Intbbiob Towns the movement—that Is the receipt!
week and since September 1, the shipments
Week and the stocks to-night, and the same items
(or the
for the
for the
aorresponding period of 1900-01 — ia set ont in detail below.
i
CLOSING QUOTATIONS FOB MIDDLING COTTON
o
Mon.
Satur.
Galveston...
815 19
8*16
Mobile
Savannah..
Charleston
Wilmington.
Norfolk
Boston
Baltimore .
8%
New Orleans
H
S?
LXXV.
Quotations pob Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other prinoipal cotton markets for each day of the week.
Week ending
July 25.
SBCfwasKSS
!2C.SS?2l
[Vol.
Tuet.
8 78
8iBie
9*16
8*1
8 78
8?8
Wednes.
8i5i 6
9
9
8*
8 78
Thurt.
8 78
813 16
83*
8 78
8%
8 78
Fri.
8 78
8%
8 78
..
-g2
•« -eg;
»o
- -
'
'
'
'
SB
•
•
:
» *
of]
;
1
'
B'
>•
'
'
•
•
OIN'HJ!
en
oh(o»co!
CO-
;
co
»o
;
WW
*>•
r:
•q'
5°
~I
<
M
r
"
OS^MOOtOtjBl^tO^cOW
I-"
§
s
©•
WCfttO
W> V>
!
t-"30
©
;
<l
M
HtOMH
HH>IOJ
W
!
9H
9k
9J*
9%
91*
Memphis
9
St. Louis....
815 16
8 's
914
889
.
Rook.
9ifl
BH
93*
9*
9
9
9
9
8l6 le
8*8
9>4
8»8
815,.
8*8
938
938
9
9
9
8 78
914
8°8
9H
9 5 16
8 78
8 78
9H
8»8
8 78
8 15 l«
8 78
8 7«
9H
21>
9>*
8»8
8!>8
8 78
closing quotations to-day (Friday) at other important
Athens....
Atlanta...
Charlotte
9^s
8 7e
Columbus, Ml88
Eufaula
914
Louisville
Columbus, On.
8%
8H Nashville
.Natchez
9% Raleigh
Montgomery...
8*3
I
I
Shreveport....
8*a
9
S^ia
Option Market.—The highest, lowest and
closing quotations for leading options in the New Orleans
cotton market the past week have been as follows.
«
^ CO 05 C» ® © 00
Sat'dav.
^OJ
O <• ** — OO 00 <105©0TOl©WJ'C5l*O'l-'w
Oa«4O«-C8^00«0Xi>C*^O0*0iM
©«3« iKaWtOH-kS'
9
New Orleans
U'H'w>-j©eWi-'if*ro©r.iaoiOK:©toc*>-'on 05, C0~J
0>w! w!
ocx- rJ>- -it;i-jtsMWn-iOJ uosoia'O-JOiKc;!-*. -400c
CO-
8\
9ht
9
The
>B»
:
834
Southern markets were as follows.
CJl
"i^
>
8%
8*16
Augusta
Little
NW -J W Wto OJ r- I— 2
M
tO
O" OS Oi CO
-J ** <1 W ">
05
H" W ® W © © W © © 00
lO W 05^3 00 w p> W
(UHUMIfHUigu^ *» O
V
<fco ©*o< co'bsT-' V oo <j © o> w o> oo bo t» oo "©8
w
Oi'J-'*<i oo to'cc'to'tc'to'©
— Omi-JO
OiCCHHe^^lHr-XC |UCOO>OiCCK)©tOC-C^C»*->-Ol
CnMt0090>I^W~4tOl- © 3, 0>©OtOwtO--ja<W--M<l)---l^tOtOlf>'<)W
-J
06
tO
CO
00 CD CO Ql l- <1 to Nl Hi to CO 05
8%
She
9f>8
Cincinnati
tOCBOH-COCO- OOCnOl^- H'tn-a- OS»-- CO^-00
co-
8\
9!ie
938
93g
9»8
Philadelphia
Houston
H
©
•
!
tOtOH! <ito:
8%
9
to
o«
Monday, Tuesday, Wcd'day, Thursd'y Friday,
July 19. July
*
«•
21.
July 22. July %o.
July 21. July 20.
July—
Range
9-14®-20 9-173-19 9-09-a>-lo!9-00® 03 3-803-90 8-743'75
- 9-16® - 9-07® - 8-98* - 8 803-82 8-763-79
Closing... 9-15®
©
©
m
cow ;
h; ccto h>:
i^^cs tccsos©; cc*..-m: i^©«;
•
©• 0©CB- WfC-J' ocwow- O^J^J.
oto©
PtOH
to
l-'©|^ifc>-'^l-'W>-'tOWifr«Jcnt3abS»-'
«a;
-v]©:
a»>
to;
o
w;
cocoto-
August—
is
to
Range
oacoe*
towtoi*»OlOI00©©tO©aC»C»H»
H 00 M OB to *> «» H- © W©^ «_© ©*k
co * -j *- M M UI to CO - © to <l W
*©"e*Vfo©*M©V©"e^V)ttl»WV-aaV3H'b'©eca>iolx>^k»Mio
toocot-^i»o^JC<:tOH->--eM05».©>-'ifktcweo©C»oc*»a»ii-»jwco
»J~4©iF>aoO>J©>JW^ICfcSCCI»>aW^)k2b.l-'tOH t£fcS^V>0©C»M
Bept'beb—
8-12»17 8-063-13 7-993-02 7-983-03 7-803-96 7-713-88
Range
Closing... 8'14®-15 8-073-08 8-013
7-89300 7-803-82 7-863-87
to
October—
7-77®-81 7-713-77 7-663-73I7-683-73 7603-68 7-553-65
Range
Closing
7-79©80 7-73374 7-723-7317-713-72 7-59 8-60 7-623-63
Dec'beb—
7'69»7(i 7-61 a -6fl 7-563'62!7-ri83-6F 7-503-58 7-453 55
Range
7-683-70 7-62363 7-623-63 7-613-62 750W-51 7-523-53
Closing
if*
l
c*
00o<;
to.
"•ft
8*
. .
CO
H*
o>
CO
m w o-
ifcCOCBM-
~JIO
cj:
01 as co cc 05 -j
I
H>
|t.Mk-;
CTKktcteo;
O05C*Gt3GCOG©t005- ai^-cccr—
.
Tone—
06
M3-H— w
tu e> -1 © if © —
*- #
00
«0|f.;
co
;
WW-
cc u> *-
8'80®"<e 8-733-P6 8-P83-64 858®-63 S-323-50 8 273-38
8*82®-84 8-73-3>-74 8-613-62 8-58®-59 3-313-36 8-363-37
Closing
«jkc
Spots
Options.
©
Steady.
.
Quiet.
Quiet.
Quiet.
Quiet.
Quiet,
Quiet
Easy
Steady.
Steady.
Quiet.
Quiet.
to
Weather Reports Br Telegraph.— Telegraphic advices
HHKtOUM
to us from the South this evening indicate that rain has fallen
1* toco©©©*-©
ooVs eo s» 05^1 <i 7 ©T» to
V
©
to A
*» 05 CO CD © :»<! •>
OtnBC^OOiOMaOWMOOCHHMKlN Oo
in many districts during the week, bat that in a number of
©>-ooa>^iOO»CB to 00 © to * © co 00 a otococ©*- — O"oo~i
sections there has been lack of moisture. In Texas rain has
The aoove totals snow tbat the Interior stocks nave de- been quite general,
but in some localities the precipitation
treated dnring the week 11,153 bales, and are to-night 100,970
has been very light and at a few points is claimed to have
bales less than at same period last year. The receipts at all
been excessive. Complaints that rain is needed come from
the towns have been 7,929 bales lest than same week last year.
portions of Alabama, Mississippi, Tennessee and Arkansas,
Overland Movement fob the Week and Since Sept. 1.— and some districts along the Atlantic. From sections of
We give below a statement showing the overland movement Mississippi damage is reported as a result of dry weather, and
for the week and since Sept. 1, as made ap from telegraphic rust and premature opening are complained of in Alabama.
The results for the week ending
reports Friday night.
Qalveston, Texas.— We have had rain on one day of the past
July 25 and since Sept. 1 in the last two years are as follows. week, to the extent of twelve hundredths of an inch. The
to
oowaw-
CJltOW
*>--viy
••
I
-
*•
July
Week.
Bine*
Stpt.
m
1900-1901.
1901-1902.
25.
Binet
W—k.
1.
Sept. 1.
flipped—
VI»st. Loma...... ..
Vl» Cairo
VU Padnoah.........
Via Rook I eland
Via Louis vllie..— ...
Via Cincinnati
Via other routes, &o.
802
497
814,004
162,100
"l2*5
1,192
33.098
193.786
90.928
349,298
77
852
Total gross overland.
......
Deduct tMpmentt—
Overland to H. Y. .Boston, &o.
—
980
Xotalto be deducted.... .~..
2,325
496,394
1,345
„
Inland, Ao.. from Boath
421
i"042
866
1,649
895,968
337,311
5,105
58,508
136,581
116,169
285,079
2,353 1,634,396 12,458 1,732,721
368.151
62,231
66,012
Between interior towns
8,480
2,839
536
448,333
98.496
81,906
3,874
628,736
28 1,138,002
9,084 1,103,986
Leaving total net overland*..
movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 28 bales, against 9,084 bales for the
week in 1901, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 34,016 bales.
*
Including
1900-1901.
1901-1902.
In Might and Bpinntrt'
Taktngt.
Wttk.
Binet
Sept.
1.
fine*
Wttk.
Sept.
1.
12,544 7,419,890 24,553 7,490,715
9,094 1,103,986
28 1,138,002
Bonthern consumption to July 25. 87,000 1,693.000 33,000 1,494,000
Receipts at ports to July 25
49,572 10250892 66.637 10088701
•11,163
t49.272 * 17,634 13e,336
Came
Into eight during week.
49,003
38.419
10201620
1022*5087
9,309 2,082,406
North'n spinners tak'gs to July 26
* Decrease during week.
t L iess than Sept. 1.
Movement into Bight in previous years.
430 1,958,411
Week—
1900-July
1899-July
1898-Jnly
1897-July
Bale*.
27
28
29
30
51,144
30.829
23,330
9,190
Since Sept.
1—
1899-00— July
1898-99-July
1897-98-July
1896-97-July
27
28
29
80
Balet.
9.002.932
11,053.295
10,931,031
8,354,706
thermometer has ranged fr(
75 to 89, averaging 82.
Abilene, Texas.— We are having too much rain. Rain has
fallen on each day of the week, the rainfall reaching six
inches and two hundredths. Average thermometer 78, highest 92 and lowest 64.
Brenham, Texas.—It has rained on three days of the week,
the rainfall reaching nine three hundredths of an inch. The
thermometer has averaged 89, the highest being 96 and the
lowest
71.
Corpus Christi, Texas.—There has been rain on one day of
the week, the precipitation being ten hundredths of an inch.
The thermometer has averaged 82, ranging from 76 to 88.
Cuero, Texas.— We have had showers on four days of the
week, the rainfall being seventy-three hundredths of an inch.
The thermometer has ranged from 73 to 100, averaging 87.
Dallas, Texas. We have had heavy rain on five days the
past week, the precipitation being three inches and nineteen
hundredths. Average thermometer 83, highest 94 and low-
—
est 72.
—
Henrietta, Texas. It has rained on one day during the
week, to the extent of ten hundredths of an inch. The thermometer has averaged 85, the highest being 101 and the
lowest
68.
Huntsville, Texas.—There has been rain on two days ef the
week, the precipitation being seventy hundredths of an inch.
The thermometer has averaged 78, ranging from 61 to 94.
have had rain on one day during the
Kerrville, Texas
week. The rainfall reaching only foar hundredths of an inch.
The thermometer has ranged from 70 to 93, averaging 84.
Lampasas, Texas.— Rain has fallen on tour days of the
week, the rainfall being forty -five handredths of an inch.
Average thermometer 85, highest 95 and lowest 75.
Longview, Texas. It has rained on three days during the
week, the precipitation reaching two inches and thirty- seven
— We
—
hundredths. The thermometer has averaged 88, the higheet
being 97 and the lowest 68.
Luling, Texas.— There has been rain on fonr days of the
past week, the precipitation reaching one inch and forty-four
hundredths. The thermometer has averaged 89, ranging
from 69 to
98.
— We
have had rain on two days of the
Palestine, Texas.
past week, to the extent of one inch and ninety hundredths.
The thermometer has ranged from 68 to 94, averaging 81.
:
July
THE CHRONICLE.
26, 1903.]
Paris. Texas.— We have had rain on three days the past
week, the precipitation being one inch and ninety-five hundredths. Average thermometer 83, highest 99 and lowest 66.
San Antonio, Texas.— It has rained on three days of the
week, the rainfall reaching one inch and seventeen hundredths. The thermometer has averaged 84, the highest being 96 and the lowest 72.
Weatherford, Texas.— Rainfall for the week three inches
and fifty nine hundredths, on four days. The thermometer
has averaged 83, raDging from 68 to 97.
New Orleans, Louisiana. We have had rain on three days
during the week, the precipitation reaching nineteen hundredths of an inoh. Thermometer averaged 83.
Shreveport, Louisiana. Rain has fallen on five days of the
week, to the extent of two inches and ninety- four hundredths.
Average thermometer 81, highest 94 and lowest 68.
Columbus, Mississippi.—There has been rain on one day
the past week. The rainfall reached thirty hundredths of
an inch. The thermometer has averaged 87, the highest
being 100 and the lowest 75.
Leland, Mississippi.— Great damage has occurred to cotton
We have had only two small
as a result of lack of moisture.
showers in eight weeks. The thermometer has averaged 7M,
ranging from 59 to 92.
Vicksburg Mississippi.—It has rained on two days during
the week, the rainfall being forty-four hundredths of an inch.
The thermometer has ranged from 67 to 92, averagiag 80.
Little Rock, Arkansas.— Crops are needing rain, as we have
had none for four weeks There has been but a trace of rain
during the week. The thermometer has averaged 78, the
highest being 94 and the lowest 60.
Helena, Arkansas.— While crops are doing well, corn needs
The rainfall was heavier in the vicinity than here.
rain.
There have been showers on two days of the past week, the
precipitation reaching twenty- four hundredths of an inoh.
The thermometer has averaged 78, ranging from 63 to 98.
Memphis, Tennessee.— Rain is needed in some sections, but
generally the crop seems to be doing well. The first open
boll was received tc-day from Tunica County, Miss., five
days ahead of the average date. We have had only a trace
of rain here during the week, but good rains are reported in
the immediate neighborhood. The thermometer has ranged
from 65 3 to 91, averaging 795.
Mobile, Alabama.— Scattered showers are reported from
the interior and crop conditions show some improvement.
There has been rain on four days of the week, the rainfall
being one inch and eight hundredths. The thermometer has
averaged 81, highest 91 and lowest 70.
Montgomery, Alabama. The drought here is unbroken and
serious, but some interior points report timely rains. Cotton
It has
is opening prematurely on a number of plantations.
rained (sprinkles) on two days during the week, to the extent
of eight hundredths of an inch. The thermometer has averaged 82, ranging from 68 to 97.
Selma. Alabama.— Rust i9 appearing in many fields. The
plant is vrry small and is opening prematurely. We look
for an early movement and very short crop in this section.
Rainfall during May wes only twelve hundredths of an inch,
June sixty- three hundredths and July to date eighty-six
hundredths. It has rained on one day during the week, the
rainfall being eight hundredths of an inch. The thermometer has ranged from 70 to 98, averaging 85.
Madison, Florida.— Plants average small, but a rather
We have had rain on two days of
early season is expected.
the week, to the extent of one inch and ten hundredths.
Average thermometer 82, highest 96 and lowest 69.
Savannah, Qeoruia.— There has been rain on two days of
the week, the rainfall being eighty-nine hundredths of an
The thermometer has averaged 82, highest 94 and
inch.
lowest 71.
Augusta, Georgia. There has been but a trace of rain during tne week. The thermometer has averaged 82, ranging
L
—
—
from 64
to 96.
We
Charleston, South Carolina.—
have had rain on four
days durmg the week. The rainfall reached one inch and
sixty-nine hundredths. Thermometer ranged from 70 to 92,
averaging
82.
—
Stateburg, South Carolina. There has been no rain dming
the week. Corn has been much damaged and cotton is suf
fering and shedding on light, sandy soils. Rain is now
greatly needed. Average thermometer 82*5, highest 98, lowest 68.
Charlotte, North Carolina.— Prospects are fine.
The week's
on two
rainfall has been one inch andithirty-two hundredths,
Average thermometer
highest 96, lowest 65.
also received by telegraph,
showing the height of the rivers at the points named, at
days.
80,
The following statement we have
8 o'clock
July
24, 1902,
and July
25, 1901.
July 24,
new Orleans
.......Above aero of gauge.
Memphis. ......... .....Above zero of gauge.
Taahvllle.
Above zero of gauge.
Bhreveport
Above zero of gauge.
Vlokflburg
Above zero of gauge.
'02.
Feet
8-5
208
19
54
285
July 25, '01
Feet.
51
69
1-7
1-8
118
Jute Butts, Bagging, Etc.— The market for jute bagging
has been quiet the past week at slightly higher prices, viz.
5%c. for \% lbs. and 6c. for 2 lbs., standard grades. Car lots
of standard brands are quoted at 5^@6c, f. o. b., according
to quality. Jute butts dull and nominal at l^Ql^c. for
p aper quality and 2%@2%,c. for bagging quality.
MOVEMENT FROM ALL FORTS.—The
INDIA COTTON
receipts
cotton at Bombay and the shipments from all India ports
(or the woek ending July 24, and for the season from Sept, 1
co July 24 for three years have been as follows-.
jf
190001.
1901-02.
Receipts at—
Sine*
Week.
Bombay
18991900.
Sine*
Week.
Sept. 1.
8.000 2.105,000
—
—
199
6,000 1.897.000
For the Week.
Sine*
Week.
Sept. 1.
Sept. 1.
2,000
901,000
Since September
1.
Mnportt
from—
Continent.
(treat
Britain.
total.
Great
Britain.
Oontin*nt.
Total.
Sombay—
1901-02..
4,000
190001..
1899 00..
Calcutta—
2,000
4,000
1,000
2,000
9,000
67,000
5,000
489,000
554,000
97,000
498,000
621,000
102,000
1,000
1,000
1,000
i",6b"6
3,000
4,000
2,000
45.000
38,000
27,000
48.000
42,000
29,000
2,000
8,000
4,000
10,000
17,000
10,000
12,000
25,000
14,000
1,000
1901-02..
1900-01..
1899-00..
Madras—
1901-02
.
1900-01..
1899-O0..
vll
others—
1901-02..
1900-01..
1899 00..
3.000
4,000
1,000
3.000
4.000
1,000
3.000
12.000
4,000
103.000
113,000
72,000
106,000
125.000
76,000
all—
1901-02..
1900-01..
1899-00..
8,000
5,000
4.000
8,000
5.000
4,000
17,000
91,000
15,000
647,000
722.000
206,000
664,000
813,000
221,000
f otal
1
Alexandria Receipts and Shipments of Cotton.—
Alexandria, Egypt,
July 23.
1901-02.
1900-01.
1899-1900.
6,468,000
10,000
5,442,000
6,434,000
Receipts (oantars*) —
Since
Thi*
week.
Sept. 1.
Exports (bales)—
I o Liverpool. . „ ....
Total Europe
Since
this
week.
Sept. 1.
Sine*
Sept. 1.
320.000
505,000
2,000 316,000
2,000 335,000
3,000 398,000
3,000 408,000
1,000 825.000
4,000 651,000
6.000 806,000
i",ob"6
*
This
week.
A oantar Is 98 pounds,
102,728 bales;
t Of which to America In 1901-02,
54,324 bales; in 1899-00, 70,091 bales.
in 1900-01,
Manchester Market.— Our report received by cable
Manchester states that the market is quiet
for both yarns and shirtings.
The demand for both India
'o-night from
is improving.
We give the prices for to-day
below and leave those tor previous weeks of this and last
year for comparison.
and Cnina
1902.
Bk
lbs.
32« Oop. ings,
Twist.
s.
d.
s.
4
* 5 4
«8
«8
4
f»8
J'e20 73g ns^s
" 27 7 3s
July 4 7*a
" 11 738
" IS 73s
" 25 73i6
Shirt-
ins
t»8ie
1
5
OotPn
common Mid. 82*
Uplds
to finest.
d.
d.
1901.
*»8i«
6
®8
3 97
»8
5
2
«83 la 5 4
f»7
d.
d.
429 32
84
Twist.
d,
7H
d.
9
s.
714 98H
5I32 714 ®8M
5
71*
5 3 sa 7*s 98h)
7
615
4^33
18 t»7 8
OSH
d.
2
Oott'n
common Mid.
Uplds
to finest.
©814 5
5
10J*
lbs. Shirt-
Oop. ings,
s.
d.
08
d.
4 ll 16
5
5
2ifl08
4"
2>*08
5
5
5
3
423 8S
4 <*
419 aa
4l3 3a
3
98
«8
2
f»7 1l
a
Government Weekly Cotton Report. —Mr. James Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the following telegraphic
reports on the crops in the Southern States for the week
ending July 21]:
North Carolina.— Warm, dry, sunny weather, unfavorable for bet't
advancement of orops on account of lack of sufficient moisture; cotton small in north where It Is blooming to top, large and vigorous and
fruiting well in south portion.
South Carolina.— Showers few. light and scattered, and orops
generally suffering from drought; cotton Improved In places, but
deteriorated generally, with shedding and blooming to top, plants
small, but well fruited.
Georgia.— Drought continues in northwest and portions of middle
sections, elsewhere light to copious showers occurred; cotton continues generally promising and is growing rapidly In most sections, bat
shedding and blooming to top are reported from scattered localities;
it is fruiting heavily north and is opening in extreme south.
Florida.— Local rains somewhat heavier and cover wider area;
cotton on upland small, suffering for .rain, and maoh Is shedding, but
on lowlands is doing well, few bolls opening.
Alabama.— Drought continues in many western, middle and northern counties; scattered rains elsewhere, mostly insufficient; ootton
Improved where rains occurred, suffering elsewhere; cotton clean,
well fruited, though sma 1, blooming to top, some shedding and rust.
Mississippi. -Partly cloudy, showery weather has generally kept;
ootton in healthy, growing condition, plant small, but well formed and
fruiting satisfactorily, except in about twelve north-central counties,
where it is deteriorating by blooming to top and shedding continues.
Louisiana.— Good rains, except over central and extreme southwest portions, have greatly benefited agricultural interests; cotton
Improved exceptflover west central parishes, where rainfall was too
light to be of benefit; a general rain would Improve all crops.
Texas.—Temperature favorable; scattered and In some sections
heavy showers, except In southwestern aid northwestern portions
where plant is stunted, and In former section in need of rain, ootton
is normally developed generally, and is fruited heavily, with ample
moisture for present needs it is opening as far north as Tarrant
County, ootton picking is progressing in south, and will become general In central portion during the first decade of August; boll weevil
causing damage in lower Brazos Valley; soattered reports of shedding
and
boll
worms.
dry, though showers ooourred in some localicotton beginning to need rain, especially on uplands, some wilting and shedding.
arkansasi— Hot and
ties;
THE CHRONICLE.
200
Tennessee.— Hot and
few scattered showers 19th and 20th;
dry;
rops suffering from drought;
hedding.
ootton fruiting
Oklahoma and Indian Territories.— Crops
condition, cotton
well,
fairly
all
some
are in fine growing
making good growth and boiling rapidly.
Missouri.— Cotton suffering for rain la southeast; ootton shedding.
[Vol.
LXXV.
Ihe prices of futures at Liverpool for each day are given
lelow, Prloes are on the basis of Uplands, Good Ordinary
lause, unless otherwise stated.
The prices are given in pence and 64tas. Thus: 4 63 means
3-64ci.. and 5 01 means 5 l-64d.
These reports on cotton are summarized by the Depart-
ment
as follows:
Although generally Improve! in condition, ootton oontinues ]to suffer from drought In portions of the Carolinas. over the north- central
portions of the cotton belt and in extreme Northwestern and Southwestern Texas. In much the greater part of the last-mentioned State
the crop Is normally developed and is heavily frditel, with ample
moisture for present needs. A material Improvement Is noted In portions of Louisiana, Mississippi and Alabama, and the crop continues
in generally promising condition In Georgia. Over much the greater
part of the central and eastern districts thejplant continues small and
blooming to top Is extensively reported.
Barcelona Stock of Cotton.— Oar representative cables
us to-day that different parties have made an investigation
into the matter of the stock of cotton at Barcelona, and
agree that the amount now in first and second hands at that
port reaches but 40,000 bales. Taey say, moreover, that about
40,000 bales has recently gone into consumption, We have
made proper revision of the figure3 in our visible supply
Sat.
July 19
Total
New York—To Liverpool, per
steamer Cymric, 1,443..
To Havre, per steamer Maristow, 300
Bremen,
To Bremen, per steamers Barbarossa, 5,478
3,592
To Antwerp, per steamers
British Empire, 7
Vaderland,
To St. Petersburg, per steamer Alexandria, 2,100
To Barcelona, per steamer Karamanta, 150
To Genoa, per steamer Cicta di Milano, 3L4
To Mexico, per steamer Manuel Calvo (additional), 500
New Orleans—To Liverpool -July 19— Steamer Alexandrian,
I,2t3 ...July 24 -Steamer Barrlscer, 2,825
...
To Antwerp -July 21— Steamer Istrar. 116
To Barcelona— July 25— 8tr. Bsrenguer el Grande, 4,650...
To Malaga -July it— 8tr Berenguer el Grande, 1,000
lo Vera Ciuz -July 19-Steamer Nor, 1,000.
Galveston—To Liverpool -July 23 -Steamer Actor, 565
To Havre— July 23 -Steamer Actor, 2,18 i
Brunswick—To Bremen— July 21— Steamer Fernfield, 2,484..
To Antwerp -July 21— Steamer Ferntleld 550
Baltimore—To Liverpool— July 11 -Steamer Kowanmore,
—
Total
565
2,182
2,4^4
550
650
276
600
600...
—
New York
the past
81 ,78 5
week have
beet
as follows.
Satur.
Mon.
Tues.
10
10
18
15
10
10
18
15
15
19
13
24
24
10
Liverpool. .......e.
Manchester
e.
Havre
Bremen
e.
Ghent
Antwerp
3J
12*14
12914
12*14
28
50
28
50
28
e.
15
«.
19
13
24
24
30
c.
Beval, indirect.. e.
Beval, via Canal.*.
Barcelona, Sep.2.e.
Genoa...
c.
Trieste
e.
Japan (via
10
18
15
15
19
13
24
24
30
e.
Hamburg
Wednes. Thurs.
Suez).*.
Quotations are cents per 100
50
Fri.
10
10
18
16
15
10
10
18
15
17%
15
17i«
19
13
19
13
24
24
30
19
13
24
24
39
24
24
30
12 914
28
50
10
10
13
12*14 12*14
28
50
28
50
lbs.
—
Liverpool. By cable from Liverpool we have the follow
ing statement of the week's cables, stocks, &c, at that port.
July
ales
of the
week
bales
Of w hi oh exporters took...
Of whioh speculators took
Bales American
Actual export
Forwarded
Total stock -Estimated
Of which American— Est'd.
Total Import of the week
Of which Amerioan
Amount afloat
Of which Amerioan
4.
July 11.
62,000
7,000
3,000
60,000
24,000
54,000
822,000
698,000
14,000
3,000
25,000
12,000
79 000
9,900
900
71,000
24,000
66,000
759,000
640,000
17,000
5,000
88,000
16,000
July 18.
67,000
3,000
4,200
54,000
15,000
57,000
693,000
581,000
7,000
3,000
24,000
14,000
July 25
53.000
6,000
3,800
42,000
8,000
59,000
631,000
531,000
4,000
4,000
26,000
16,000
She cone of the Liverpool market for spots and futures
each day of the week ending July 35 and the daily closing
prloes of spot ootton, have been as follows.
SaVday
Spot.
Market,
12:80 P. H.
43l 33
42T aa
10,000
2,000
8,000
1,000
opened.
Quiet at
Quiet at
1-64 deollne.
Basy at
4-64® 5. 64
advance.
Market,
4
P.
M.
Easier.
doing;.
& exp.
futunt.
Market
\
)
1
63 3 2
5 3 38
5i 8 a
7,000
8,000
7,000
500
500
630
J
6
9,000
500
Quiet at Br'ly st'dy Steady at
64(3 2-64 partlaWy 1-64® 2-64 partially
1-64 adv.
1-61 adv.
decline.
Dull at
I
Fair
business
Moderate
Easier.
5
Mia.Upl'ds.
(Spec.
Monday. Tuesday. Wed'day. Thursd'y Friday.
Easier.
Quiet
{
*Pt
adranoe.
Easy
1%
at
Pts.
decline
Quiet
2X@5
at
ptt.
decline.
Steady at
Weak
at
July 24
Frl.
July 25
d.
d.
d
d.
4 57 4 57 4 57
4 55 4 54 4 54
4 48 4 47 4 47
4 84 4 34 4 33
4 26 4 26 4 26
Nov.-Dec. .. 4 23 4 23 4 23
Dec- Jan.... 4 21 4 314 21
J an. -Feb
4 21 421421
Feb.-Meh. .. 4 20 4 204 21
Moh.-Apitl.. 4 20 4 20 4 20
ruly
Inly- Aug...
Aug. -Sept...
Sept. -Oct...
3et .Nov....
d.
d.
4 55 4 52 4 52
4 53 4 50 4 48
4 46 4 43 441
4 32 4 30 4 29
4 25 4 24 4 43
4 22 4 20 4 19
4 20 4 19 4 18
4 19 4 18 4 17
4 19 4 IS 4 17
4 19 4 17 4 16
d.
d.
d.
4 52 4 52 4
4 49 4 49 4
4 43 4 43 4
4 29 4 30 4
4 23 4 24 4
4 20 4 21 4
4 18 4 19 4
4 17 4 18 4
4 17 4 18 4
4 17 4 17 4
d.
<t.
50 4 48
47 4 45
41 4 39
28 4 26
22 4 20
19 4 17
17 4 15
17 4 15
16 4 14
16 4 14
d.
4 42 4 43
4 40
441
4 34 4 35
4 22
4 16
4 13
4 12
411
411
411
4 24
4 17
4 14
4 13
4 13
4 12
4 12
BREADSTUFFS.
Friday, July 25, 1902.
Only a very moderate volume of business has been transacted, buyers and sellers being about 10c per barrel apart in
their iieas of va^es; consequently the trading has been
bales.
limited almost exclusively to car-load lots. Buyers also are
1,443
freer
offerings of new-wneat
300 holding back, awaiting
flour.
At present mills are offering sparingly, having only
9,070 light stocks of old-wheat flour and new whe it, it is claimed,
107 is still to 3 wet to gri ad freely. City mi Is have been quiet
2,\00 bat steady. Rye fl our has had a fair sale in small lots and at
150 steady prices. Corn meal has been firm but quiet.
314
Speculation in wheat for f nture delivery has been quiet
500
and the course of prices shows some irregularity. The mar3,828
feet for July contracts and cash wheat has bem steadier, quo116 tations Bhowing a fractional advance, based largely on baying
4,650
1,000 by shorts to cover contracts, stimulated by reports of com1,000
550 (omitted)
Cotton freights at
Wed. Tkmra.
July 23
1
100
To Bremen— July 23— Steamer Breslau 176
Ban Francisco—To Japan— July 24— Str. Nippon Maru,
Tum.
July 22
12i*
1 12i*
4 121* 4 12i* 4 12i* 4 121* 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P M P.M. P.M.
statement.
Shipping* hews. As showc on a previous page, the
•sports of ootton from the United States the past week have
reached 31,785 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
—
Mon,
July 21
demand
deollne.
Voryst'dy
1®2 Pts. SK-4Xpts. 2@4 pts
deollne.
advance
deollne.
paratively poor grading of the early receipts of new- crop
wheat.
Despite, however, the steadiness shown in the
near-by positions, the fall ani more distant months have
shown a tendency to sag. The weather reports and the crop
news from both the West and Europe have continued
favorable;
this,
coupled with a steadily
increasing
crop,
has
movement of the new
induced some
short selling by regular traders. Comparatively little outside speculative interest is at present being shown in the
market. The spot markets have been quieter, the stronger
turn to prices for cash wheat having a tendency to check
To-day there was a quiet market, and
buying by exporters
under favorable crop news from the West ani Ear ope, prices
sagged. The spot market was more active, exporters being
freer buyers.
DAILY CLOSING PRICES OP HO. 2 RED WINTER
Sal
WHEAT
Mon.
82
80'8
"7
Tues.
[KNEW VOBK
Thurs.
Thurs.
Fri.
76%
72%
71%
76%
71%
71%
Jash wheat f. o. b
~
July delivery In elev
nept delivery in elev....
Deo. delivery in elev
May deli very In elev
82%
81%
77%
77%
Sat.
Mon.
Tues.
Wed.
July delivery la elev
iept delivery In elev....
Dec. delivery In elev
76%
72%
72%
76%
77
77
80
daily closing prices or no.
.
Wed.
83
Fri.
82
80*
HO*
81%
81
77%
77
76%
7?%
77
77%
77%
76%
79%
79%
79%
78%
78%
2 spring wheat in CHICAGO.
83
81**
77i«
72%
72%
72^
72%
The speculative activity 'in the market for Indian corn
futures has subsided, and for the week prices have shown
only fractional changes. Weather reports have been generally favorable and the crop has been reported as miking good
progress. The crop movement has been reported as running
71 'a
71%
full, but there has been sufficient activity to the
to fairly well absorb tho offerings and hold prices
steady. It is expected, however, that the receipts will soon
grow smaller now that prices have declined from the high
basis maintained when the corner of July contracts was attempted. To day there was an easier market. Weather reports from the principal corn-producing States were favorable and receipts were reported as fair.
daily globing prices or NO. 2 MIXED corn in
Fri.
Wed. Thurs.
Sat.
Mon. Tues.
71i«
7li*
71*2
71
71
71%
lash corn f. o. b
70%
71
71
70*a
70%
70%
Inly delivery in elev
63^
6334
65
64%
64%
sept, delivery In elev.... 64i«
51
51*8
51%
51%
51%
Deo. delivery In elev
47 7s
48%
....
48%
43 7s
48%
May delivery in elev
IN
CHICAGO.
MIXED
CORN
DAILY CLOSING PRICES OF NO. 2
Fri.
Wed. Thurs.
Sat.
Mon.
Tues.
moderately
demand
NEW YORK.
67
65%
61%
60%
61%
46
46%
46%
46
43%
43%
43%
43%
Oats for f ature delivery at the Western market have been
fairly active and the feature h is been the squeeze of shorts
Inly delivery In elev
3ept. delivery In elev....
Dec. delivery in elev
May delivery in elev
67%
60%
46%
43%
6>%
60%
67
67
61%
4G%
43%
July contracts. The movement of the crop has been only
moderate and this has been a factor favo-able to th manipWeather reports have been
ulators of the July squeeze.
in
>
somewhat unsettled, aUhoogh in the main favorable for th
crop. The local spot market has been firm and higher, fol-
a
lowing Chicago. To day prices for July contracts advanced
slightly on shorts covering, but new-crop deliveries were
easier under favorable crop news.
•
JCLY
THE CHRONICLE.
26, 1903.]
NEW
OLOsrae prices or OATS Of
YORK.
Hon. Tries.
Wed. Tkurt.
Sal.
Prt.
62
63
6S"*
64
64^
No. S mixed in elev...... 58
64
64
65
66
Mo. S white in elev
~ 62
66%
DAJLT OLOSINO PRICKS OT HO, 2 MTXBD OATS IN CHICAGO.
Tries.
Wed. TKrirs.
Hon.
SaL
63
66
67
70
70ie
July delivery In elev.... 64"«
33"*
3412
S439
34»8
34
Sept delivery in eler.... 34
7
T
3*58
32»8
S2 9
32%
Deo. delivery In elev.... 32 s
32"a
Following are the closing quotations:
FLOUR,
Patent, winter
$3 85 94 00
City mills, patent. 4 25 94 65
Superflntv .... .... 2 90 98 00
Rye floor, superfine 8 10 93 70
Cxtra, No. 8. . .... 3 10 93 15
Buckwheat floor
3 10 ©3 30
9
Extra, No I
Corn meal—
dears.. m*^m*.»*. 3 30 93 65
Western, etc. .... 8 50 93 55
Straights.... cl,c ... 3 75 93 90
Brandywine
3 60
Patent, spring... 3 90 94 65
(Wheat floor in eaofcs sells at prices below those for barrels.)
ORilH
Oorn, per bush.—
0.
e.
0.
0.
Wheat, per bosh.—
Western mixed
eg 1!©?! 1*
Hard Man.. Nxl.. f.o. b.84«8
No. 8 mixed
f. o. b.71%
BPthern DoL. No.l t. 0. b.8238
No. 2 yellow
t o. b.72>*
Bed winter. No. 8 f.o. b.80%
7
No. 2whlte
to. b.73
to. b.81 s
Hard No. 8
63"*»6-.s±
Bye, per boshOats— Mlx*d,p.bush.
Western
se^aee**
64 970
White
s
State and Jersey
62 963
64%e65 4
No. 2 mixed.
58 ©72
*farley-Wes<66%t»67%
No 2 white
* September shipment.
Nominal.
Feeding
duly
Government Weekly Grain Report.— Mr. James Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bnrean, made public on Tuesday the telegraphic reports on
the grain crops in the various States for the week ending
July 21 as follows:
Weather.— The Lower Missouri and Upper Missis* ippi valleys and
Lake region have oontinned to sufferfrom excessive rains, which have
also interrupted farm work in the Ohio Valley and in portions of the
Middle Atlantic States and New England. Much injury to crops and
other property has resulted from overflows in Iowa and portions of
Illinois, Missouri and Michigan. Drought has been largely relieved in
the Southern States, bnt extensive areas in that section are still much
in need of rain, especially the northern portions, extending from Oklahoma eastward to the Can Unas. The temperature oonaitions as a
whole have been favorable, although rather lowm the northern Rooky
Mountain districts. The North Pacific ooast States sustained considerable damage from high winds and the Dakotas and Minnesota from
hailstones In scattered localities
Corn.— The corn crop has made splendid progress in the States of
the central valleys, except in towa and limited portions of Missouri
and Illinois, the condition of the crop In Iowa being fairly good on
well tilled uplands, but great damage has resulted from floods on the
river bottoms of the sontbern and eastern portions of that State and
Highly favorable reports are reoelved from
in Northern Illinois.
Nebraska, Kansas and the greater part of Missouri and Illinois, and a
deoided improvemeiit in the condition cf the orop in the Ohio Valley
is Indicated.
Winter Wheat.- Rains have interfered with the harvesting of
winter wheat where unfinished in the extreme northern district", and
have also been unfavorable for thrashing in the central valleys, while
considerable wheat in shock in the lower Missouri Valley has been
damaged. Harvesting continues in California and has begunin Oregon,
where wheat is filling nicely. The crop in both Oregon and Wash
ington has, however, sustained considerable damage from reoent high
winds.
Spring Wheat.— Spring wheat has advanced favorably in the principal spring- wheat States, but has sustained injury in scattered localities from hailstorms.
Oats.— Oats harvest is finished In the Southern States and is in progress in the central valleys, and while lodging Is extensively reported
from the Ohio, upper Mississippi and Missouri valleys and Lake
region, the general condition of the orop continues satisfactory.
rW For
other table*
ally erlven
here ie« pave 109.
THE DRY GOODS TRADE.
New
York, Friday, P. M., July
A
firm market is reported in
for overcoatings or cloakings.
staple woolen and worsted dress goods, but the demand is
quiet pending opening of spring lines. Business in flannels
and blankets is quiet at previous prices.
—
Domestic Cotton Goods, The exports of cotton goods
from this port for the week ending July 21 were 16,910
pacaages, valued at $720,414, their destination being to the
points specified in the tables below:
nbw tork
1902.
1901.
to Jclt 21.
Week. Since Jan.l
Oreat Britain
Other European...
15
28
14,605
47
635
42
.....
China.... ................
159
760
17
West Indies
262
Mexico....
Central America.........
South America..— ......
Other Countries. .... ....
15
224
507
532
~
16,910
187,123
Arabia..... ...
..
A." rioa
Total
Week. Since Jan.
1,291
81,662
9.222
13,246
6,658
13,529
1,249
4,828
27.637
8,041
India
i.
2.937
910
21
47,432
2,473
28,697
5,555
12,335
1.048
4,951
35,513
4,482
5,358
146,333
"196
3,536
3
398
17
80
931
The value of the New York exports since Jan. 1 to date
has been $7,651,717 In 1902, against $6 6 5,465 in 1901.
Buying of heavy-weight sheetings and drills by the home
trade has been on a quiet scale only, and in light- weight
sheetings the demand has been quieter than a week ago. The
export demand has been quiet. Prices are without quotable
change in any grade. In bleached muslins and bleached
cambrics the situation is unchanged, the former are quietly
steady; the latter in fair demand and firm. Sales cf wide
sheetings are limited at previous prices. Denims, plains,
cheviots and other coarse, colored cottons are steady in price,
with a moderate business in progress. Ducks are steady.
Brown osnaburgs dull and irregular. Kid-finished cambrics
dull and barely steady. The market for both staple and
fancy prints is steady in tone, but badness has ruled quiet
throughout, although showing fuller results than last week.
Fine printed fabrics continue in fair re quest for next year.
Scarcity of supplies has again been the chief feature in the
gingham division; business is restricted thereby. Regular
unchanged at
prii t cloths are
o*c.,
Narrow
witn no business.
odds are in moderate demand, and wide odds quiet at last
week's advance in price.
Foreign Dry Goods.— A fair demand has been reported
for imported dress goods in high-grade staple? and fancies
for spring at steady prices.
Silks and ribbons are firm with
a moderate demand. Line ns show no change in prices, but
business Is quiet. Burlaps have ruled dull and somewhat
easier.
Importations and WareUouwe Withdrawals of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending July 24, 1902, and since
January 1, 1902, and for the corresponding periods of last
year are as follows:
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25, 1902.
There has been an increase in the aggregate volume of
business in progress in the dry goods market at first bands,
but it has not been of a significant character, in so far that it
fails to reveal aiy change in the general disposition of buyConservatism is still the chief feature in both the
ers.
cotton tnd woolen goods divisions. In the former there is
more doing for quick shipment, owing evidently to positive
needs on the part of buyers expanding gradually and in the
latter because new lines of men's-wear fabrics are being
opened for spring. The cotton goods situation is slow in
changing. There v as a gain last week in the print cloth
division, but it has made no progress this week, the advance
then secured on wide goods having apparently chected the
demand to some extent, while in other divisions conditions
are unaltered, neither sellers nor bujers seeming disposed to
initiate an aggressive movement.
BuyiDg cf ttaple lines for
fall trade is backward, but even with that the- re is no oppressive accumulation of goods in first hands. The market is net
free from irregularity, but the irregularity is of a negligible
character, that is it does not affect standard lines, nor is it a
prominent feature.
Woolen Goods.—There have been no important additions
during the past week to the new lines of men's-wear woolen
and worsted fabrics in light weights fcr next spring, and the
display so far is almost entirely confined to the lower grades
in both staples and fancies.
Next week is extected to biing
out some of the leading makes in staple varieties at least.
Meanwhile the demand for snch goods as are shown has been
quiet in the aggregate, buyers evidently preferring to wait
until they have opportunities for making fuller selections
befoie operating with any degree of freedom. It is said
that an effort will be made to secure advanced prices on
some of the forthcomirg lines of worsteds, but up to the
present time business has been done on about the same price
basis as last season. The re- order business in heavy weights
There
is quiet, but prices, with few exceptions, are firm.
have been no developments of any moment in the market
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THE CHRONICLE.
202
we
and City Befactment.
News
Items.
Baltimore, Md. —Depositaries of Proceeds of Sale of W.
M. RR,— It may be interesting to note what disposition has
been made of tne $8,751,370 45 which the city of Baltimore
holdings in the Western Maryland Railroad.
Of this sum $100,000 has been placed in the sinking funds of
the city; $4,263,000 has been deposited with several local
trust companies and banks for a fixed term of twenty five
years at 33^^ interest, which fund is so invested to meet the
Western Maryland bonds for the payment of which the city
is responsible: the remaining $4,388,370 45 was placed on
deposit at Z%% interest, subject to withdrawal at any time
after Jan. 1, 1903, upon thirty days' notice. The depositaries and amounts allotted to each are as follows
received for
its
:
$4,388,370 45
deposits on 30-
$4,263,000
Zb-vear deposlts. Z\i1.
Mercantile Trust & Deposit Co
Baltimore Trust & Guarantee Co..,
International Trust Co
American Bonding & Trust Co
Security Storage & Trust Co
Third National Bank
National Bank of Commerce
Continental Trust Co
Maryland Trust Co
Central Real Estate & Trust Co
National Marine Bank
,
,
day
$1,9'»,000 00
684,000 00
00 00
200,000 00
6 ),000 00
600,000 00
340,000 00
5U0.I
notice,
Z%%.
$400,000 00
300,000 00
350,000 00
350,000 00
2,238,370 45
300,000 00
250,000 00
200,00 J 00
Total.
$1,979.000 00
1,084,000 00
00 00
200 000 00
60,0 )0 00
850.C00 00
69^,000 00
2,238,370 45
»00,000 00
260,000 00
200.000 00
is
:
Fort Worth,
Tex., July 15.— John W. Herbert of Helmetta, Middlesex
County, N. J., has tiled suit in the Federal Court here against the city of Fort
Worth for $40,375. interest alleged to be due on city bonds held by htm.
Hamilton, Ohio.— Bonds Invalid— The "Ohio State Jour
nal" of Columbus on July 4 contained the following
:
Hamilton, July 2.— The Circuit Court to-day upheld the decision of Judge
Brown of Dayton, knocking out all the street- paving laws for this city, invali-
dating bond issues of $178,000 and making it impossible to do anv further paving work in this city until the next Legislature provides a means for so doing.
See Chronicle June 21, 1902.
Helena, Mont.— Status of Water Litigation.— We are advised that in order to avoid the neoessity of taking testimony,
the attorneys for both parties in the suit of the Helena Water
Works Co., brought to restrain the city from embarking in
municipal ownership of a water system, have agreed to a
statement of facts, which statement was filed on June 38,
As the United States Circuit Court has adjourned until Aug.
20, the case will not come up for hearing and argument
until that time. The losing party will take the case to the
United States Circuit Court of Appeals at San Francisco, it
being agreeable to both parties to have the same heard there
at the October term. See Chronicle Jan. 18, 1902.
Massachusetts.— Savings Banks Bill.— As stated a few
weeks ago, the State Legislature before adjournment passed
an Act [Chapter 483] authorizing savings banks to invest in
bonds of certain street railway companies. We herewith
bill in full
AN ACT
TO Authorize Savings Banks and L\m
Invest
in
the Bonds
<>f
iti tions ion Savings TO
Certain Street Railway Companies.
enacted by the Senate and IJouse oj Representatives in aeneral
Court assembled, ana by the authority of the same, as follows :
Section 1. lu addition to the investments authorized by section
twenty-six of ohapter one hundred and thirteen ot the Revised Laws,
savings banks and Institutions for savings may invest their deposits
and the income derived therefrom iu the bonds, approved by the board
of commissioners of savings nanus, as hereinafter provided for, of
any street railway company incorporated in this Commonwealth, the
railway of which is situated wholly or partly tli' rein, and which has
earned and paid annually for the five years last preoeding the certification hereinafter provided for, pf the board of railroad commissioners, dividends of not less than five per cent per annum upon all of its
outstanding capital stock. Iu any case where two or more companies
have been consolidated by purchase orotb-rwise during the live years
prior to the certification aforesaid the payment severally from the
earnings of each year of dividends equivalent in the aggregate to a
dividend of five per cent upon the aggregate capital storks or the several companies during the years preoeding such consolidation, shall
be sufflcientfor the purpose of this act Dividends paid to the stockholders of the West End Street Railway Company by way of rental
shall be deemed to have been earned and paid by said West End Street
Railway Company within the meaning of ihis section.
Section
The board of railroad commissioners shall on or before
the fifteenth day of January of each year transmit to the board of
commissioners of savings banks a list of all street railway companies
which appear from the returns made by said companies to have properly paid, without impairment of assets or capital stock, the dividends
required by the preceding section.
Section 3 The board of commissioners of savings banks shall as
soon as may he after the receiptor the lists provided for in the preoeding section, prep ire a list of such bonds issued by any street railway company and certified by th« board of railroad commissioners, in
accordance with the provision- of the preceding section, as the board
of commissioners of savings banks shall deem good and safe securities
for the investments of savings banks and ins'itutions for savings.
Such lists shall at all times be kept open to the inspection of the pub[Approv.tl June 16, 1902.
lic.
Be
LXXV,
That the title did not conform to the subject matter of the bill, that the Act
authorized the assessment and collection of the tax without due form of law,
and that it authorized the taking of private property without due lorm of law
or just compensation.
The decree ot Judue Sayre in deciding the case did not specifically state this,
but the three grounds given above were the points on which the attorneys for
the defendant based their fight..
The
case, it.is stated, will
be taken to the Supreme Court
of Alabama.
New York City.— Tax Rolls— Tax Rates.—The Tax Board
on July
7
announced the tax assessment
personaal property in
New York
rolls of real and
City for 1902 as follows
Real estate
Personal
1902.
$3,330,647,579
526,400,139
1901.
Difference.
$3,237,778,261 Inc.$92,869,318
550.192,612 Deo 23,792,473
Total
$3,857,047,718
$3,787,970,873 Ino.$69,076,845
for the years t 1902 and
The
total valuation
1901 is given
below
,
Borough.
Manhattan
Tne Bronx
Brooklyn
Queens
Klohmond
by boroughs
:
Total Real
1902.
$2,771,327,876
163,183,678
756,110,610
117,885.838
45,539,716
and
Personal.
1901.
,
Increase.
$2,713,468,664
155,996,910
748.203,743
118,006,430
52,-^95,126
$57,859,212
10.186,768
7,906,867
Deo. 120.592
Deo.6,755,410
800,<
Fort Worth, Texas.— Bund Litigation,— The following
from the Dallas "News
print the text of the
[Vol,
it
I
•_'.
—
Minneapolis, Minu.— Bonds Valid. The Supreme Court
has decided that Mayor Ames must sign the $150,000 bonds
authorized by the State Legitlature for permanent improvements. The Mayor contended that the Act was special legislation.
Montgomery, Ala.— Baby Bond Act Invalid.— Judge H. D.
Sayre, in the equity side of the City Court on July 5, declared unconstitutional, null and void, the Act of the Legis
lature of 1894-1895 known as "The Baby Bond Act," which
authorized the City Council of Montgomery to assess the
cost of street paving against the owners of abntting property
regardless of the benefits derived. According to the Montgomery "Advertiser," the Act was declared unconstitutional on three grounds
Total
$3,857,047,718
Inorease-Real estate
Deoreise— Personal
$8,787,970,878
Netinorease
$69,076,845
$92,869,318
33,792.478
$69,076,845
Upon
the announcement of the tax rolls the city officials
figured that the tax rates for 1902 would be as follows, 1901
figures being given for comparison
:
Borough.
1901.
1902.
Decrease.
Manhattan and The Bronx
22*7384
23-1733
-4349
Brooklyn
-3485
23-536-i
238863
Queens
23*1913
23-5702
-3789
Richmond
23-3692
23-5191
1499
Ohio. Special Session of State Legislature.—The Governor has called an extra session of the State Legislature to
convene August 25. One of the principal duties of this
special session will be the enactment of a general municipal
code made necessary by recent decisions of the State Supreme Court holding that the old method of classifying municipalities was unconstitutional, in that it permitted an
evasion of the constitutional provision that all laws must be
of uniform operation throughout the State. These decisions,
it is stated, affects the charters of the city of Cleveland and
of many other municipalities in Ohio.
Bond Act Valid. The State Supreme Court has declared constitutional the bond law recently enacted by the
State Legislature, the full text of which will be found in
the Chronicle June 2, pages 1820 and 1321.
Richland County, Ohio. —Bond Issues Invxlid.— The Commissioners of this county recently authorized $80,000 bonds
for the improvement of the court house, but the issue was
blocked by the retusal of the County Auditor to sign and
sell the bonds.
Mandamus proceedings were instituted, and
Jadge D. Dirlam, in the Common Pleas Court, has ruled the
bond issue and the proposed improvements to the court-house
—
as illegal.
—
Rochester, N. Y.— Bonds Valid. Justice Nash has rendered a decision in favor of the $150,000 high-school bonds
awarded last January to Ladenburg, Thalmann & Co. of New
York City. One of the questions involved was whether the
words "real estate" as used in the Constitution in limiting in-
may be taken to include soecial franchises. This
the Justice thinks is permissible. Under these conditions,
he finds the bonds come within the 10# limit, as prescribed
by law.
Toledo, Ohio.— Bond Issue Enjoined —The failure of the
Park Board to file an answer to Taxpayer John Rooney's
petition requesting that the board be restrained from issuing
$150,000 bonds, caused the Court to give tne plaintiff a decree
oy aefault. As stated in tne Chboncle May 17, it was
claimed that the legislation wa9 unconstitutional because it
did not give the people a chance to vote on the question, and
also for the alleged reason that the law was special legisladebtedness
tion.
—
Virginia.— West Virginia Debt. Notice has been given to
the holders of Virginia deferred certificates that over $9,700,000 of certificates have been received by the committee, con-
John Crosby Brown, Chairman; J. Kennedy Tod,
Edward M. Scuddder. Bartlett S. Johnston, Virginius Newton, R. P. Chew, and Robert L. Harrison, Secretary. Further
sisting of
deposits of certificates will be received by the committee at
the office of Messrs. Brown Brothers
Co., No. 59 Wall
Street, New York City, up to Aug. 15, 1902, after which date
they will be received only at the discretion of the committee.
&
Bond Calls and Redemptions.
Colorado Springs, Colo.— Bond Call.— John A. Voorhees,
City Treasurer, called for payment July 15 at the Chemical
National Bank, New York City, $13 000 6% sewer construction bonds Nos. 33 to 45, inclusive, issued July 1, 1888, and
maturing July 1, 1903, but subject to call since July 1, 189S.
Indiana.— Bo nds Reieemei. — This State on July 18 redeemed $1,000,000 Z% school-fund refunding bonds, dated
1889 and payable 1909, but which have been subject to call
since 1899.
Jefferson County, Wash.— Warrant Call.—T. J. Tanner,
County Treasurer, has called for payment warrants Nos. 848
to 879, inclusive, issued on the general fund, the last numbered warrant being dated April 27, 1891.
July
——
—
:
THE CHRONICLE.
26, 1903.]
Multnomah County, Oregon.— Warrant Call.— Thomas
Scott Brooke, County Treasurer, has called for payment
oounty warrants Class 36 drawn upon the general fund that
were presented and indorsed " Not paid for want of funds,"
from Aug. 2, 1901, to Aug. 29, 1901, both dates inclusive;
also Class "C" warrants indorsed from July 5, 1901, to
Aug.
:
8, 1901, inclusive.
Oakland, Alameda County, Cal.— Bond Call.— Interest will
cease August 17 on bonds Nos. 65 to 68, inclusive, in the sum
Felton Taylor, City Treasurer.
of $1,000 each.
Ohio County, W. Ya.—Bond Call.—The following numbers
of Ohio County bonds of the 10-30 4}£-percent loan have
been drawn, and will be redeemed at the German Bank, in
the city of Wheeling, on the 1st day of July, 1902, on which
203
Bay Saint Louis, Miss.— Bonds Authorized.— The
issuance
of $10,000 city-hall bonds has been authorized.
Bedford, Wis.— Bonds Voted.— This city has authorized
the issuance of $10,000 water bonds by a vote of 118 to 75.
Bellalre, Ohio.— Bond Election.— An election will be held
July 28 to vote on the issuance of $50,000 water-improvement
bonds and $18,000 bonds for furnishing and equipping the
new city hall.
Bellport Union Free School District No. 28, Town of
Brookhaven, Suffolk County, N. Y.— Bond Offering.— Propobe received until 2 P. M., July 31, by Charles M.
Woodruff in behalf of the Board of Education, for $15,000 4%
bonds. Denomination, $500. Date, Aug. 1, 1902. Interest,
May 1 and November 1 at the Patchogue Bank at Patchogue.
Maturity, $1,000 yearly on November 1 from 1906 to 1920, indate interest will cease
Wm. F. Gardiner is Clerk of the district.
clusive.
Ten bondi or »100 each, numbered 4, 84, 23. 63, 41, 11, 83. 56, 20. 8.
Twenty bonds of 1600 each, numbered its, 173. 321, 865, 199, 198,294. 371, 231,
Bond Offering.—Proposals will be
Bennettsville, S.
868, 106, 13JJ. 353, 219. 251, 342, 236. 896, 143. 136.
until
12
m.,
Aug.
received
15, by J. M. Jackson, Chairman
Four bonds of 91,000 each, numbered 423. 436, 424, 407.
Board of Public Works, for $12,000 4%% 20-40-year (optional)
Pottsville (Pa.) School District.— Bond Call.-W. F. electric-light bonds. Denominations, twenty for $500 each
Scheerer, Secretary Board of Directors, called for payment and ten for $200 each. Date, July 1, 1903. Interest, semiJuly 10 at the Schuylkill Trust Co. of Pottsville the bonds annual. A deposit of $500 required. Bonded debt, includissued in 1885, 1893 and 1895, and for payment on July 15, ing this issue. $22,CO0; assessed, valuation, $406,000, and real
1902, the bonds iseued in 1897.
value about $1,000,000.
.Rochester Township, Kingman County, Kan. Bond Call.
Berlin, Wis.— Bond Sale.— The $20,000 Z%% school bonds
D. D. Doering, Township Treasurer (P. O. Zenda), oalled for described in the Chronicle Jnne 21 have been sold to the
payment July 1 in New York City bonds Nos. 1 and 2, issued State of Wisconsin at par.
July 1, 1897, in aid of the Chicago Kansas & Western RailBlanco (Texas) Independent School District.— Bonds Apway Co.
proved.— The Attorney General has approved an issue of
Spokane, Wash.— Bond and Warrant Call. M. H. Eggles- $3,000 school house bonds.
ton, City Treasurer, called for payment July 3 R. and J.
Bowling Green, Ohio.— Bond Offering.— Proposals will be
Fund warrants Nos. 14,055 to 14,061, inclusive, and on July receved until 12 m August 5, by Alex. Williamson, City
12 Nos. 14,062 and 14,068. Also, July 25 of Howard Street Clerk, for the followiog bonds
improvement bonds, District No, 1, Nos. 2 to 13, inclusive. $25,600 A% Church Street improvement bonds. Denomination, $500. Maturity,
(l.ovt) on March 1 and $1,500 on Sept.
for nine years and $1,600 on
Also, July 26, Stevens Street Paving District No. 1, bonds
March 1 and also on Sept. 1 of the tenth year.
Nos. 25 to 81, inclusive; Lincoln Street Paving District No. 1,
11,500 i% Summit Street improvement bonds. Denomination, $600. Maturity,
$500 each six montus from March l, 1908, to Sept. 1, 1909, inclusive,
bonds Nos. 11, 12 and 13; Monroe Street Paving District
and $5uo on March 1 and $1,000 on Sept. 1 of the years 1910, 1911 and
No. 1, bonds Nos. 10, 11, 12 and 13, and Howard Street Pav1912.
Date of bonds, Aug. 15, 1902. Interest, March 1 and Sept. 1.
ing District No. 2, bond No. 11. Also, August 1, Cedar Street
Sewer District No. 1, bonds Nos. 15 and 16; Pacific Avenue Authoiity, Sections 2704, 2705 and 2706, Revised Statutes of
Sewer District No. 1, bonds Nos. 14 and 15, and First Avenue Ohio. Certified check for $100 required with bids for each
Sewer District No. 5, bond No. 8. Also Sprague Avenue issue.
Brock port, N. Y. Bond Offering. —Proposals will be resewer bond, District No. 3, bearing No. 5; interest ceases
ceived until 12 M., July 28, by H. E. Mc Arthur, Village
August 4.
—*»-^*—
Clerk, for $75,000 sewer bonds.
Denomination, $1,000.
Date, Aug. 1, 1902. Interest, at a rate not exceeding 5#, will
Proposals and Negotiations this be payable semi-annually. Maturity, $3,000 yearly from
Aug, 1, 1907. to Aug. 1, 1931, inclusive. Certified check for
week have been as follows
$1,000, payable to John R. Davis, Village Treasurer, reAberdeen, Wash.— Bond Election.—An election will be quired. Bonded debt at present, $1,369 01. Assessed valheld the latter part of this month to vote on the question of uation, $1,823,181. Bonds to be sold at par to the person
sals will
:
C—
—
—
,
:
1
Bond
:
issuing $40,000 refunding, $20,C00 water-extension, $20,000
offering to take
sewer and $20,000 bridge bonds.
Adams County, Ind.— Bond Sale.- On July 17 $17,840 i%%
road bonds were awarded to W. H. Niblick (the only bidder)
at par. Denomination, $892. Date, July 15, 1902. Interest,
May 15 and Nov. 15 at the Decatur National Bank of Decatur.
Maturity, $892 each six months from May 15, 1903, to
Nov. 15, 1912, inclusive.
Adams County (Wash.) School District No. 17.— Bond
Stile.— On July 12 an issue of $2,500 5% bonds of this district
was sold at par to the State Land Commissioner.
Akron, Ohio.— Bonds Authorized.— The City Council has
authorized the following issues of bonds
ceived until 7:30 P. M. July 29 for $11,0C0 4% 10-20-year (optional) water- works-improvement and extension bonds. Securities were voted at an electicn held July 14, 1902.
Buffalo, N. Y.— Bond 8ale.~ On July 19 the $100,000 V/
%%
1-20 year (serial) abatement nuisance of Ohio Basin Slip
bonds (Lot 1) and the $100,000 %Y% % 1-20-year (serial) refunding city and county hall bonds (Lot 2) were awarded to Denison. Prior
Co., Cleveland, at 101 37— a basis of about
3'344£. Following are the bids
26,000 Falor 8treet bonds, maturing $5,000 yearly for Ave years.
8,000 St. Clair Street bonds, maturing $600 in one year. $1,500 in two years,
$1,500 in three years and also in four years, and $2,000 in rive years
($1,000 not accounted for in published ordinance).
Denomination, $500. Date, Aug. 9, 1902. Interest, not exceeding 5*, payable semi-annually at National Park Bank,
New York
Austin,
City.
Pa.— Bond
Offering.— Proposals will be received at
sale of $19,769 40 5% 5 15year (optional) water-plant bonds. Denominations, thirty,
nine of $500 each and one for $269 40. S. J. Webster is President of the Borough Council and F. J. Wandall Clerk.
Ballard, Wash.— Bond Offering.— Proposals will be re
ceived until 7 p. m., July 29, by J. Murdoch, City Clerk, for
$10,000 gold water extension bonds. Denomination, $1,000.
Date, Aug. 1, 1902. Interest (not to exceed 6$) semi-annually
in New York City. Maturity, Aug. 1, 1917. Certified check
for $250 required. Successful bidder to furnish blank bonds.
Barre, Vt.— Bonds Authorized.—The Council has passed a
resolution authorizing the issuance of $60,000 3%% 20-year
water bonds.
Bath, Northampton County, Pa.—Bond Offering.—Proposals will be received until 6 p. m., August 4, by Lewis R.
Groner, Borough Treasurer, for $20,000 4% water bonds. Denomination, $100. Interest, April 1 and October 1 in Bath.
Maturity, Oct. 1, 1932; optional after Oct. 1, 1907. Certified
check for 5% of the par value of bonds bid for, payable to the
above-named Borough Treasurer, required. The borough
has no other indebtedness.
Battle Creek, Mich.— Bids —Following are the bids received June 23 for the $15,000 4% 8-10-year (serial) sewer
bonds awarded, as stated two weeks ago, to Denison, Prior
Co., Cleveland
any time for the disposal at private
&
:
For 1 Per Cents.
For 5 Per Cents ( Cont.)
Denlson. Prior * Co.. Cleve.. $16,475 00 S. A. Kean, Chicago
$15,825 00
Seasongood & Mayer, Cincln. 18,208 20 E. C. Stan wood & Co
15.sil0 00
Lamprecht Bros. Co., Cleve. 15,177 00 Dennett, Crane & Blanchard,
For 5 Pit Cents.
Boston
15,10186
State Sav. Bank. Toledo
16,076 00
Not Advised as to Intercut Rates.
W.
R.
Todd* Co..
H.E. Well*
Cincln... 16,947 00
Co.. Cincinnati. 16,822 60
00
B, Kleyboite&UO., Cincln...
W. J. Hayes & Sons, Cleve.. 16,917 00
in, 125
.
them at the lowest rate of interest
Brook field, Mo. Bond Offering.— Proposals will be
re-
&
Denlson, Prior A Co.. Cleveland
Erie County Savings Bank. Buffalo
N. W. Harris & Co., New York
Jos. B. Gavin, Buffalo
W. J. Hayes & Sons. Cleveland
Welles, Herrtck & Hicks, New York
R. L. Diy &Co., NewYo-i
J. * W. Selisrman & Co. Sew Ycrk.
Lot One.
Lot Two.
101-37
101-38
101-131
101*87
lOl'SS
101-171
101-336
101-025
101-lsS5
100*69
10070
100P8
10051
100-68
101*13
For description of bonds see Chronicle July 12, p. 92.
Burnside(Ky.) bfraded Common School District.— Bond
Sale.— P. S. Briggs & Co., Cincinnati, were the successful bidders on July 21 for the $5,000 5% bonds described in the Chronicle July
19.
Calhoun County (Iowa) Drainage District No. 8.— Bonds
Not Sold.— No bids were received on July 14 for the $14,000
5% drainage bonds described in the Chbonicle July 12.
Canajoharie (Town), Montgomery County, N. Y.—Bond
Offering,— Proposals will be received until August 1 by B. F.
Spraker, Supervisor of Town of Palatine, at Canajoharie, for
$30,0(10 3% gold bridge bonds.
Denominations, twenty- six of
$1,000 each and two for $2,000 each. Interest payable annually on Feb. 1 at the Importers'
Traders' National Bank,
New York City. Maturity, $1,000 yearly on Feb. 1 from 1903
to 1926, inclusive, and |2,000 on Feb. 1, 1929, and also on
Feb. 1, 1930. See offering by town of Palatine elsewhere.
Cass County, Minn.— Bond Sale.— On July 15 the $30,000
5% 18 year road and bridge bonds and the $30,000 5% 20-year
court- house bonds described in the Chronicle July 5 were
awarded to Mason, Lewis
Co Chicago, at 101*75.
Chapman (Cal.) School District.— Bond Sale.— An issue of
$5,000 bonds has been sold to J. Eugene Law for $5,359 49.
Charleston, W. Ya.—Bonds Voted.— At a special election
held July 21 the citizens of this place authorized the issuance
of $70,000 4% street-paving bonds.
Cbickasha, Ind. Ter.— Bond Sale.- On July 15 the $65,000
5% 20-year school bonds described in the Chronicle July 12
were awarded to F. R. Fulton
Co., Chicago, at 105*038 and
blank bonds. Following are the bids :
F. R. Fulton & Co., Chicago.. $68,225 00 MacDonal<3,McCoyACo..Chlc,*G8.0*100
M. L. Turner. Oklahoma
68,250 CO Chickasha Bond & Trust Co. 6(.960 00
.Cincinnati, Ohio.— Bond Sale.— On July 18 the $37,850
3^* garbage bonds described in the Chbonicle June 28 were
&
&
,
&
I
|
:
—— —
THE CHRONICLE.
204
awarded to Seasongcod & Mayer, Cincinnati, at 101 '666. Fol
lowing are the bids:
Seasongood 4 Mayer. Clndn.f 87,072 26 Atlas Nat. Bank. Cincinnati. .137,560 00
B. Klevbolte & Co., Clncin.. 87,816 88
Clarke County, Ga.— Bonds Authorized.—The issuance of
Bonds will
$33,000 4% refunding bonis has been authorized.
iture $1,500 yearly on
be put out on Jan. 1, 19 J3, and will
|
A
m
1
1
fron 1934 to 19 17, insluslve. and $3,000 yearly on
from 1918 to 1923, in jlu live. Date of sale not deter-
mined.
Clntier Independent School District, Tarn i Cointy, la.
—Bond Sale.— The $2,80J 5-10 year (optional) bonds described ia the Chronicle Juie 23 have been sold to Geo. M.
Bechtel & Co., Davenport, at par for 5 per cents, the bonds
to be dated Aug. 1, 1903, instead of July 1, 1902.
Colesville (Town), Broome County, N. Y.— Bond Sale.—
An issue of $22,000 3%i bridge bonds has been sold to the
Bingiamton Savings Bank at 100*552. Denomination, $1,000.
Date, June 1, 1902. Interest annually on February 1. Maturity, $2,000 yearly on February 1.
Columbus, Ga.— Bond Election Postponed. We are advised that the proposed election on June 29 to vote on the
issuance of sanitary sewer bonds was indefinitely postponed.
Coshocton, Ohio. —Bmd Offering.— Proposals will be received until 12 M Aug. 5, oy E. M. Wimmer, City Clerk,
for $3,300 4%% street-improvement bonds. Authority, Sections 2267, 22 34 and 2 305, Revised Statutes of Ohio. Date,
Sept. 1, 1902. Interest, March 1 an I Sept. 1 at offi :e of City
Treasurer. Maturity, one bond of $330 yearly on Sept. 1
from 1907 to 1917, inclusive. Purchaser must furnish blank
bonds. Certified check for $5 JO on one of the banks in
Coshocton is required.
Covington, Olito.— Soil Sjie.-Oa Ju'y 21 the $1,500 5*
1-3 year (serial) P.qua A7eane improvement bonis were
awarded to the Sail water Valley Biak of Covington at
102*377.
The only other bid rectivel wae from the Columbus Swings & Trust Co., which institution offered par and a
& Co., Iadianapolis, at 101*171. Denomination, $1,410. Date, July 9, 1902. Interest, semi annual.
Maturity, $1,400 each six months from May 15, 1903, to Nov.
to E. M. Campbell
15, 191?, inclusive.
Delhi, Ohio.— B >nds Defeated.— The proposition to issue
$12,000 bonds was defeated by two votes at the election held
June
14.
Denver, Colo. -Bmd Offering. —Proposals will be received
until
u, July 31, by the Board of Public Works, R, W.
Speer, President, for the following 6# bonds
1U
H
000 4% 10 20-year (optional). bonds offered for sale on July 12
have not yet been dispose 1 of.
Foley School District No. 45, Benton County, Minn.—
Bond Sale —The $10,000 bonds off ->red for sale on June 21
have been awarded to Foley Bros, at par for 4% per cents.
Forney (Texas) School District.—Bonis Approved and
—
Registere I. The Attorney -General has approved an issue of
$15,000 bonds and the State Comptroller has registered the
same.
Fort Plain, N. Y.—Bond Sale.— It i state! that an issue of
bonds has been sold to the Albany Savings
j
$20,000 3*4% water
Bank at par.
Fort Worth, Tex.— Bonds Issue I in Exchange.—The total
of the new 4% 40-year refunding bonds issued to date
in exchange for old bonds of this city is $413,000.
This does
not include $28,000 bonds wbi eh the city has bought in for
the sinking fund. As has been stited before, this city has
legislative authority to issue $1,883, 0)0 bonds to take up the
old bonds outstanding, and this refunding operation has been
amount
in process for
for sale.
Geneva,'Ohio.— Bond Offering —Proposals will be received
until 12 m August 12, by A. H. Reed, Corporation Clerk, for
Authority, Sections
$25,000 i%% sewer improvement bonds.
2705,2706,27')7,2709,2830,2836 and 2337, Revised S;atutes
of Ohio.
Denomination, $1,000. Date. Aug. 1, 1932. In,
1,
Nov.
1.
New York
1«02.
Broadway
linpt. District
No.
1.
March
and September
1 at t be First National Bank,
Maturity, $1,000 each six months, beginning Sept. 1, 1907. All bids to be u acondi :i onal. Either
$1,000 in cash or a certifie i check for that amount on some
bank in Geneva required with bids.
terest,
$5,O00bonds, Central Sidewalk Dist. Denomination, $1,000; date Aug, 1. 1902.
5,000 bonds, Capitol Hill lrapt. District No. 2. Denomination, »i,OO0; date,
Aug.
some time.
Fredonla (N. T.) School District.— Bonds Voted.—At a
special school meeting held July 18 it was voted to borrow
$6,000 from the State Comptroller for a school building. The
bonds will carry 3^i interest and will mature $1,000 yearly
from 1906 to 1911, inclusive.
Gainesville, Fla.—Bonds Voted.— This city on July 1 authorized the issuance of $30,000 5# 10 and 20-year bonds for
amunieipal building and the paviDg of streets. We are advised that it wi.l be some time before these bonds are ready
:
3,000 bonds. So
—
drawn on a Finilay bank, required.
Flathead County Free High School District (P. O. Kalispell), Mont.— Bonds Not Sold —We are advised that the $20,-
,
of $1 for the bonds.
Crockett, Texas. Bond* Proposed.— Th9 issuance of water
bonds is being considered.
Daviess County, Ind. Bind Sale.— On July 9 an issue of
$28,000 4%% Elmore Township gravel road bonds was awarded
LXXV.
the bonis bid for,
—
premium
[Vol.
for fire department purposes. Denomination, $300. Date,
Sept. 1, 1902. Interest, annual. No debt at present. Assessed valuation, $139,600; real value estimated at about
$169,000.
Proposals will be received until Sept. 1 b7 C. H.
Gaylord, Clerk.
deposit of $100 required.
Findiay, Ohio.—Bond Offering
Proposals will be received
until 12 M., August 11, by Frank C. Ray, City Clerk, for
$150,000 4i water supply bonis. Denomination, $1,000. Date,
July 1, 1902. Interest semi annually at the Fourth National
Bank, New York City. Maturity, $5,000 yearly for twentyfive years.
Authority, Sections 2S35, 2836 and 2837, Revised
Statutes of Ohio. Certified check for
of the par value of
I
.
Jan.
Jin.
—
:
Denomination, M.0C0; date,
1901.
1
City.
Glendale Union High School District, Los Angeles
County, Cal.— Bond Sale. This district recently sold an
school bonds to the Oakland Bank of Savand |500- is3ue of $10,000
ings at 107*75.
Denomination, $500. Maturity, $500 yearly
Certified chrck for 2% of par value of bonds bid for re- on July 14 from 1903 to 1922, imiusive.
quired. Piincipal will mature on or before seven years. InGrafton, S. Dak.— Bond Offering.— Proposals will be reterest, semi-annual.
ceived until 4 p. m., August 4, by Benj A. Provoost, City
Dickson, Tenn. Bonds Proposed. The issuance of water- Recorder, for $15,000 5% sewer bonds. Authority, election
works bonds is being considered.
held June 80, 1902. Date, July 31, 1902. Interest annually
Dougherty County, Ga.— Bond* Proposed.— This county at the American Exchange National Bank, New York City,
is trying to have validated an issue of $4),')00 court house
Metropolitan National Bank of Chicago or the First National
bonds. A decision has been entered in favor of the bmds Bank of Grafton, at the option of the purchaser. Maturity,
by Judge Spence, and, if the caie is not appealed t> the July 31, 1922. A certified oheck for $500 on some national
Supreme Court*, local papers state the bonds will be i38u id in bank, payaole unconditionally to the City Treasurer, rethe near future. These bonds were voted, at an election held quired. The successful bidder
ist furnish blank bonds.
June 5.
Grand Rapids, Mich— Bond xale.—Oz July 21 the $100,Dover, N. i. -Bo ids No', Sold.- The $70,000 Z%% water 0)0 4% street- improvement bonds described in the Chronicle
bonds offered for sale on July 14 were not sold.
July 19 were awardei to Parkinson & Burr, Boston, at
Duncansville, V&.—Bmds Not Sold.— We are advised that 100*877 and interest. Following are the bids
the $17,000 4% 5-30-year (optional) coupon bonds offered for Parkinson & Burr. Boston
100-877 W. J. Hayes & Sons. Cleve
100 672
100*60
sale on June 25 have not yet been sold, but that they will tilodget, MerrlttACo.. Boston.. 1007H Kent County Savings Bank
l(x>*68?
tt. L. Day * Co.. Boston
most likely be dispose! of to private individuals.
Grayson Connty, Tex.— Bond* Rejistere I.— Court-house
Elmwood Place, Ohio.— Bond Offering.— Proposals will be
received until 12 m August 19, Dy H. G. Schaefer, Village and jail repair bonds to the amount of $1,900 have been regClerk, at the offi ;e of Scott Bonham, Attorney, 519 Main istered by the State Comptroller.
Green Bay, Wis.— Bonds Authorized.—The Common CounStreet, Cincinnati, for $10,000 4% refunding bonds. Authority, Section 2701, Revised Statutes of Ohio.
Denomination, cil has authorized the issuance of $10,000 41 sewer bonds.
Date, July 1, 1902. I jterest, semi$500. Date, Aug. 1, 1902. Interest semi-annually at the Cin- Denomination, $1,000.
yearly on July 1 from 1903 to 1912,
Maturity,
$1,0C0
annual.
cinnati Trust Co. Maturity, Aug. 1, 1912. Certified chesk
8,000 bonds. Sidewalk Dist. No. 10. Denomination. $1,000; date. Ju'y
2,600 bonds, Capitol Hill linpt. District Nj. 1. Denominations, fl.OoO
date, May I, 1902.
2,500 bonds, Mount View Impt. District No. 1. Denominations, $1,000
date, Aug. 1, IdOU.
1.
1901.
fbuO;
aud
H
—
—
m
:
,
for 5% of amount of bid required.
Elyrij, Ohio.—Bond Offering.— Proposals will be received
until 12 M., Aug 19, by W. H. Park, City Clerk, for the fol-
lowing bonds
Wo-t Broad
improvement bonds. m.Vuring 1500 on Aug. 16 of
the years 1903, 1905 and I9i>7. Certified check for $*>0 required.
9,500 o* West Bridge Street improvement bonds, maturing $l,O0J yearly on
Aug. 16 from 19i»3to lull, inclusive, and fojO on Aug. 15, 1912.
Authority, Sctioos 2704 and 2705, Revised Statute? of
Ohio. D. nomination, $500. Date, Aug. 15, 1932. Interest,
Feb. 15 and Aug. 15 at the Elyria Sivingsjfc Banking Co.
All bids to be unconditional.
Everett, Jttass.— Description of Bonis.— The $15,000 sewer
bonds mentioned in the Chronicle May 24 will be is u -d in
denomination of $1,000 and d tted June 1, 1901. laterest 4%,
payable June 1 and Ddc. 1. Maturity, June 1, 1931. Date
of sale not determined.
$1,500 6%
Street
inclusive.
Mass. Loan Negotiated.— This town, it is
borrowed $40,000 from the Greenfield Savings
Greenfield,
stated, has
Bink.
llammonton, N. J.—Bond Sale.— On July 15 the $30,000 4%
water-works bonds described in the Chronicle
June 28 were awarded to Dick Bros. & Co., Philadelphia, at
Two other bids were receive!, one from W. J. Hayes
103 68.
& Sons, Cleveland, and the other from C. R. Williams &
30 year gold
Co. of Pittsburg.
Hanson County (P.
Alexandria),
S.
Dak. -BondlSale.
-Oa July
19 the $23,000 4%% 5-20-year (optional) court- house
oonds described in the Chronicle June 21 were awarded to
Co., Chicago, at 101-125 and interest. FollowSpeer
H.
ing are the bids
Thompson, Tenney & Cravr1. c. Speer & Co., Chicago.... $20,225 00
C
&
I
1
$20,105 00
ford Co.. Chicago
Karmers' Bank. Alexandria.. •1:0,126 00
N. W. Harris* Co.. Cbioauo.. 20,118 00 Stoddard, Nye ACo.Uoss $125
|
Fairgrove, Tascola County, Mich.— Bond Offering— This
village has voted to issue $1,200 5% 16 year (serial) bonds
I
a.
*
Kleybolte*
And
Co.. Clncin... 20.O5U 00
blank bonds.
I
attorney's fees)
"20,000 00
—
THE CHRONICLE.
Jcl-t 62, 1903.J
Hartford (Conn.), Washington School District— Loan
Authorized.— At a meeting held in this district on July 17 a
loan of $16,000 was author zed for a new school house.
Hazlehnrst, Miss.— Bonds Voted.— This city on June 24,
by a vcte of HI to 5, authorized the issuance of $5,0(0 additional water and light dol ds.
Heron Lake (Minn.) School District.— Bond Offering.—
Proposals will be received until 7:30 p. ji„ Aug. 15, by Jno.
L. Gessell, Secretary Beard of Education, for $10,000 school
bends, Denominations to suit purchaser. Interest not to exCertified check for 3% receed 5£. Maturity, 15 years.
quired. Blank bonds to be furnished by the successful bidder.
205
Lorain, Ohio.—Bond Sale.— On July 21 $3,000 5% 3 1-6 year
(average) improvement bonds were awarded to W. R. Todd
Co., Cincinnati, at 101 833. Following are the bids :
W. R. Todd & Co., Cincinnati. 13,055 00 state Sav. Bank Co., Toledo... |3,040'00
Columbus Savings & Tr. Co.. 3,050 00 Lamprecht Bros. Co.. Cleve.
8.015'00
&
I
. .
|
Louisville,
Ky.— Bonds Proposed.— On June
27 the Board
of Sinking Fund Commissioners passed a resolution notifying the General Council that $998,0C0 7g railroad bonds will
mature on Jan. 1, 1903, and recommending that the bonds be
^
refunded by Z%% securities.
Lyon?, Neb.— Bond Offering.— Proposals will be received
until 7:30 p. M. August 2 for $11,000 refunding water bonds.
Interes f rate not exceeding 5%, payable annually. Maturity,
20 years; optional after 5 years. C. E. McMonies is Village
,
Hillsboro, Texas.— Bonds Defeated.— The proposition to
issue $6,000 electric-light-plant bonds failed to cany at the
election held June 30.
Houston, Texas. Bor.d Election Ordinance Vetoed. The
City Ccuncil has passed a resolution submitting the question
of issuing $200,000 city-hall and market- house bonds to a
vote of the people. The Mayor, however, has vetoed the
ordinal ce.
Howard Connty, Ind.— Bond Sale.— We are advised that
the two issues of 5% 2-6 year (serial) free gra^ el-road bonds,
aggregatirg $11,500, were awarded on July 22 to J. C. Blacklidge at 10039. Securities are dated July 15, 1902.
—
Hughes County,
S.
Dak— Bond Sale.— The
$60,000 4% 20-
year refunding bonds effered for sale on July 1 have not yet
been disposed of.
Jaffrey, S. H.— Correction.— In the Chronicle last week
we inadvertently stated that the piice paid by Jose, Parker
& Co. Bostc n, f or the $37,000 2>}i% wattr bonds * as 109 46
instead of 100-946, the premim paid for Ihe bonds beii g $350.
Jefferson County, Ala. Bona sale.— The $300,000 4% sewer
bonds mentioned in the Chronicle May 31 and April 26 have
been sold to the contractois tor the stwer work at par and
interest.
The bonds are to be delivered to the^contractors as
the work progresses.
Jefferson Connty, Texas.— ronds Approved.—The Attorney-General has approvtd an issue of $1,600 court-house
bonds of this county.
John sol burg, Pa.- Bond Sale.-S. A. Kean cf Chicago
was the successful bidder on July 16 for the $25,000 4% coupon bonds mentioned in the Chronicle July 5 offering
,
100-125.
Kalamazoo, Mich.— Bond Sale.—The^higheat bid received
on July 21 for the $50,000 %%% paving bonds described in the
Chronicle July 12 was that of the Kalamaz o Savings Bank,
which institution offered 101 for the bonds.
Kansas City, Mo.— .Bonds' Defeated.— The proposition
to
issue $400,000 bonds for a light plant failed to carry at the
election held July 1, as did also feveral amendments to the
city charter, one of which provided for $100,000 bonds for
sewers.
Kennebuiik,
Me.— Bonds Voted.— At a recent town meet%%% electric light bonds was au-
ing the issuance of $4,000
thorized.
Killeen (Texas) School District.— Bond Sale.-On July 10
the $10,000 5% 5-20-year (optional) school bonds described in
the Chronicle July 5 were awarded to R. V. Montague &
Co., Kansas City, at 100025.
La Grange, Ohio.- Bond Sale.— On July 15 the $3,000 5%
soldiers' monument bonds described in the Chronicle June
14 were awarded to F. L. Fuller & Co Cleveland, atl03'366.
Following are the bids
F. L. Fuller A Co., Cleve.... 13.101 00 A Cincinnati
ofler received too
,
:
Citizens' Nat. Bank, Oberlin.. 3,045 00
First Nat. Bank, Barnesville.. 3,026 00
late
$8.060 00
Lake Preston (S. Dak.) School District.- Bond fate.- On
July 18 the $6,500 10-20-year (optional) bonds dated Aug. 1.
1902, were awarded to C. A. Boalt & Co., Winona, at 102 692
for 5 per cents. Ten bids in all were received for the bonds.
Lancaster, Texas.— Bond Sale.— An issue of $10,000 5? 20
40- year (optional) water bonds has been sold to Trowbridge
& Niver Co., Chicago, at 101, accrued interest and blai.k
bonds.
Landsdowne, Delaware Connty, Pa.— Bonds Proposed,—
The issuance of bonds for street and sewer improvements is
being considered.
Laurinbnrg, S. C.—Bond Sale.—The $30,000 6* 30-year
water and light bonds mentioned in the Chronicle May 10
were disposed of at private sale on July 14.
Lebanon, Pa.— Fond Election Not Held.— The proposed
election on June 24 to vote on the issuance of $500,000 municipal improvement tonds was not held, as the orr ica,nce pro
vidiDg for an election is still in the hands of the Finance
Committee. It is probable that the vote will not now be
taken until the November election.
Ltwisville (Texas) School District- Bonds Voted.— The
issuance of school-house bonds was authorized at the election
held July 5.
Liberty Center, Ohio.— Bond Offering.— Proposals will be
m„ Aug. 2, by J. S. Mires, Village Clerk,
street improvement bonds.
Denomination,
$5C0.
Date, June 1, 1902. Interest semi-annually. Maturity,
$500 yearly on Sept. 1 from 1903 to 1908, inclusive. Certified
check for $100, payable to the above Village Clerk, required.
received until 12
for $3,0.0
6£
Lime Springs (Iowa) School District.— Bond Sa.e —On
July 18 an issue ol $6,200 4% 5 10-year (optional) schcol bonds
was sold at par to Geo. M, Bechtel & Co. of Davenport.
L D& Beacn (Cal.) School District.— Bond Sale.— The
*« £
$20,000 school- buildirg bonds mentioned in the Chronicle
June 21 have been sold to J. Eugene Law at 111 '9609.
Clerk.
Mc Kinney, Texas.— Bonds Not fold.— We aie advised that
three bids were received on July 21 tor the $12,000 4% waterextension bonds, but these were rejected, as they were not
accompanied by a certified check as required. The Mayor,
J. M. Pearson, has been authorized to dispose of these bonds
at piivate sale, and will entertain any offers cf not less than
par and interest. See Chronicle July 5, p. 43, for description of bonds.
Madison School District, Fresno County, Cal.— Bond*
Defeated.—The question of issuing $8,000 5% bonds failed to
carry at an election held Jure 19.
Magnolia School District, Riverside County, Cal.— Bonds
Defeated.—This district on July 15 defeated a proposition to
issue $10,000 schcol house bonds.
Maiining. Iowa.— Bonds Voted. This place has voted to
i sue $^,0L0 bonds for the purpose of extending and improvirg the water works system.
Mansfield, Ohio.— Bond Offering.— Proposals will be received between the hours of 10 a. m. and 2 p. M,, Aug. 4, by
D. S. Koontz, City Clerk, for $17,800 bonds, as follows
$500 r>% 1-year Park Avenue sweeping assessment bonds.
400 6% 1-year West Third Street sprinkling assessment bonds.
—
:
300 6)S 1-vear Mulberry Street sprinkling assessment bonds.
150 5% 1 year Mulberry Street sprinkling assessment bonds.
2,600 5% 1-5-year (serial) Prospect Avenue assessment bonds.
2,500 5% 1-5 year (serial) Hedges Street assessment bonds.
1,600 6% 1-H-ytar (serial) Sturges Avenue sewer bends.
900 5% 1-3- year (serial)
15,000 i% 3-17-year (serial)
Wnod
Street sewer bonds.
water bonds.
Date of bonds. Aug. 1, 1902. Interest on street bonds payable annually and on water bonds semi-annually. Securities
are in denominations of from $50 to $500, except the water
tonds, which are for $1,000 each.
certified check for 1C#
of the bonds bid for, drawn on one of the local banks in f aver
of the City Clerk, must accompany proposals, which are
to be made on forms furnished by the City Clerk.
A
Marinette, Wis.— Be nd Sale.— Arrangements have been
for the sale to the State of Wisconsin of $15,000 %%%
armory bonds or certificates of indebtedness. Securities will
mature $1,000 yearly from Feb. 1, 1903.
Maroa, 111.— Bonds Authorized.— This place will issue
$4,000 bonds to luild a new steel tower for ihe water works.
Marshall, Mich.— Bond E'ection.—We are advised that the
correct date on which the question of issuing $25,000 paving
boi-ds will be submitted to the voters is July 29.
Marthfleld, Wis.— Bonds Authorized.— The City Council
has voted to issue $35,000 sewerage bonds.
Matagcrda Connty, Texas.— Bond Sale.— The $23,000 4%
10-20-year (optional) bridge bonds mentioned in the Chronicle April 26 have bi en sold to the State at par and interest.
Denomination, $1,000. Date, April 10, 1902. Interest, annual.
Meade County, S. Dak.— Bond Issue.— At a recent session
the Board of Ccmmissicners.of Meade County issued $57,200
of the new 5% 10-20-j ear (optional) refunding bonds in exchange for general fund wai rants, as follows Perkins Bros.
Co., Sioux City, $4,000; Catherine Winston, $1,00C; I. H.
Chase, $5,400; E. Galvin, $2,900; Charles Francis, $11,6C0;
Meade County Bank, $11,000; Bear Butte Lodge No. 46, Independent order of Odd Fellows, $8f 0; Frank Meyer, $3,500;
W. C. Buderus, $900; G. W. Ladd, $300; L. A. Sparks, $1,400;
W. L. Lynan,$50C; D. K. Dickerson, $3,000; Theodore Haas,
$7,3C0; Nellie B. McClelland, $800; Annie F. Biesmann, $2,800.
Metifoi d, Mass.— Bonds Authorized.— The City Council has
auihorized the issuance of $20,000 20 year Mystic River Parkway bonds.
Mercer County (P. O. Trenton), N. J.— Bond Offering.—
Proposals will be received until 2 p. m., July 28, by Thomas
H. Throop, County Collector, for $100,000 Z\i% building
bonds. Dene minaticn, $1,000. Date, April 1, 1901. Interest
semi annually at the office of the Coun'y Collector. Maturity, Apiil 1, 1941.
Mlamibburg, Ohio.— Bond Electicn.— An election will be
held July 28 to vote on the question of issuing $70,0C0 waterworks bonds.
Milwaukee, Wis.— Bonds Proposed.— A resoluticn has
been introduced in the Common Ceuncil providing for the
issuance of $50,000 bends to pay for paving the Sixteenth
Street viaduct
Mineola, Texas.— Bonds Voted -On July 1 the $10,000
school bonds were authorized by a vote of nearly five to one.
Montclair, N. J.— Loan Authorized.— A loan of $7,500 fcr
school purposes has been authorized.
Montgomery County, Va.—Bond Sale.—On July 15 the
$10,000 4% 10-20-year (optional) coupon bonds described in the
Chronicle June 21 were awarded to Seasongood & Mayer,
made
:
Cincinnati, at par,
Morgan, Redwood County, Minn.— Bond Sale.— On July
bonds and the $2,500 5£ village -hall
Chronicle June 28 were awarded to
14 the $4,000 5* drain
bone's described in the
:
———
THE CHRONICLE.
206
John Nuveen
& Co.,
Chicago, at 101*55.
bids:
John Nuveen &
|
C. A. Boalt
I
Following are the
Co.. Chicago. ,16,601 00 Stoddard. Nye & Co.. Minn.. ..$6,612 60
6,625 60
& Co., Winona
Morgan (Texas) Independent School District.— Bond
Offering.— Proposals will be received until 2 P. M. Aug. 1, by
W. H. Abernathy, Treasurer, for $7,500 5% 5-20-year (optional) coupon bonds. Denomination, $500. Interest annually in New York City, in Austin. Tex., or in Morgan, at the
option of the holder. Certified check for 5% of bid, payable
to the above-named Treasurer, required. District has no
other debt. Assessed valuation, $307,245; real value about
$475,000.
Morgantown, Ky.— Bonds Voted— This place on June
21
20-year water- plant bonds.
Morgantown, W. fa.— Bond Sale.— On July 1 the $30,000
5% sewer, funding and street-paving bonds described in the
Co.,
Chronicle June 28 were awarded to W. R. Todd
Cincinnati, at 105*416. Following are the bids
W. R. Todd & Co.. Cinein.... 131,625 00 Seasongood & Mayer, Cincln.131,100 00
81,050 00
G. A. Wagner, Wheeling .... 31,600 00 Spltzer & Co., Toledo
White & White, Wheeling... 81.566 00 Trowbridge & Niver Co.. Chic. 30,911 00
voted to issue $9,000
4<£
&
:
1
|
i
New
1st Nat. B'k,
——
—
Columbus. 31,325 00
I
Monnt Pleasant, Texas.— Bonds Not Sold.— We
are advised that the $20,000 A.% 40-year water bonds (mentioned in
the Chronicle June 14) have not been sold, although certain
papers have reported such a sale.
Mnnball, Allegheny County, Pa.—Bonds Authorized.—
The Council has authorized the issuance of $70,000 bonds
$25,000 for water, $20,000 for a municipal building, $6,075 for
fire equipment and the balance for real estate.
Muscatine (Iowa) Independent School District.— Bond
— On July 10 the School Board awarded an issue of $25,-
Sale.
000 4% 5-10-year (optional) bonds to the Muscatine Savings
Bank. Denomination, $1,000. Interest, semi- annual.
Nacogdoches, Texas.— Bonds Voted.— The election held
June 28 resulted in favor of issuing $82,500 school- house
bonds. The details of this issue have not yet been^deter-
mined.
Napoleon, Ohio.— Bond Sale.— On July 19 the $33,990 4*
1-15-year (serial) street-improvement bonds described in the
Chronicle July 19 were awarded to the First National Bank
of Napoleon at 100*15, accrued interest and blank bonds free
of charge.
—
Navusota, Texas.— Bonds Registered. The State Compan issue oi $15,000 city-hall bonds.
troller has registered
[Vol.
LXXV.
&
Mortgage
Trust Co., New York City. Ira S. Champion is
City Treasurer.
Ohio University (P. O. Athens), Ohio.— Bond Offering.—
Proposals will be received until 12 M. August 29, by L. M.
Jewett, Secretary, for $10,000 5£ certificates of indebtedness.
Denomination, $500. Date, Sept. 1, 1902. Interest, semi-annually at the Importers' & Traders' National Bank, New
York City. Maturity, $5,000 Sept. 1, 1910, and $5,000 Sept. 1,
1911. Legal examination must be made before sale, and certificates paid for on that day.
Omaha, Neb. Bonds Authorized. The City Council has
paesed the ordinance providing for the issuance of $200,000
funding bonds.
Oneida, N. Y. Bond Offering. Proposals will be received
until 12 m., Aug. 4, by J. F. Conner, City Clerk, for $20,000
street and $5,000 sewer Z%% bonds. Authority, Title v, Chapter
225, Laws of 1901; also election held June 30. Denomination,
$50o. Interest, Feb. 15 and Aug. 15 in New York City or at
the office of the City Chamberlain. Maturity, $2,500 yearly
on Aug. 15 from 1903 to 1912, inclusive. Certified check for
2%% of bid required.
OrtonviUe, Big Stone County, Minn.— Bond Offering.—
Proposals will be received until 12 M., July 31 (postponed
6from July 20), by C. J. Stark, Town Clerk, for $12,000
year bonds. Interest, annual. Denomination, $2,000. Purchaser to furnish blank bonds.
Palatine (Town), Montgomery County, N. Y.—Bond Offering.— Proposals will be received until August 1 by B. F.
Spraker, Town Supervisor, at Canajoharie, for $30,000 3%
Denominations, twenty-six of $1,000
gold bridge bonds.
each and two for $2,000 each. Interest pajable at the ImTraders' National Bank, New York City. Maporters'
turity, $1,000 yearly on Feb. 1 from 1903 to 1928, inclusive,
and $2,000 in 1929 and 1930. See offering by town of Canajoharie elsewhere.
,
—
—
H
&
Petaluma School District, Sonoma County, Cal.— Bonds
Defeated.— The election held July 15 resulted in the defeat
of the proposition to issue $85,000 school house bonds.
Petrolia, Ont.— Debentures Not Sold.— We are advised that
no satisfactory bids were received on July 7 for the $7,616 41
i%% local improvement debentures and that the committee
has decided rot to dispose of the securities at present.
Philadelphia, .Pa.—Pond Bids. — Drexel & Co. and
Brown Bros. & Co. of Philadelphia, representing a syndicate
composed of these two firms and also of Edward B. Smith &
Co. and Sailer & Stevenson of Philadelphia, were awarded on
Neptune Township, N. J.— bond Sale—The $17,400 4%
South Main Street improvement bonds offered for sale on July 24 the $6,400,000 bonds, offering 105*80 for the $5,000,000
July 7 have been awarded to the Asbury Park & Ocean 30 year loan of 1902 and 104*40 for the $1,400,000 bonds,
Grove Bank at par. For description of bonds see Chronicle Series "P," "Q" and "R" of the $11,200,000 loan of 1898.
July 5, p. 44.
These bids are on a basis of 8*224# and 3*222^, respectively.
New Britain, Conn.— Bond Sale.— On July 21 the $60,000 Following are the bids
105-30
<"o. and Brown Bros. 4 Co., J $5,000,000 due 30 years
3J^ 1-30- year (serial) school bonds, described in the Chroni- Drexelfc
104*40
1,400, 00 loan of 1898
Philadelphia
cle July 19, were awarded to Rudolph Kleybolte & Co., New
105-42
600,00
SO
Philadelphia
(
o
due
years
Williams
Co..
A
C. R.
York, at 100 -216.
10l 8?7
oue 30 years
Harvey Fisk & Sons and Parson, Leach < 6,0OO,t'O0
"
104-077
,400.000 loan of i898
r i,4
Co., New York..
Newport, Ky. Bidders. The following houses placed
104-183
,000,000 due 30 years
German
bids on July 1 for the $43,000 6% sewerage bonds
104233
1,000,0 iO due O years
104-^83
1,000.000 due SO vears
National Bank and the Newport National Bank of Newport;
l.oi
so
104333
vears
0.0 o due
Bros. & Co. and Dick Bros. &
Rudolph Kleybolte & Co., Cincinnati Trust Co., W. R. Todd Kountze
104-^81
1,000.000 due 30 years
Co., New York
108-4(53
560.000 Series'P"
& Co., Harry E. Weil& Co.. Fifth National Bank, Season
103-663
660.000 Series "(J''
good & Mayer and Feder, Holzman & Co., Cincinnati; The
103-663
280,000 Series "K"
10381
5,000 000 (all ornone)
Lamprecht Bros. Co. and W. J. Hayes & Sons, Cleveland.
•!-•••..;
5n0 ooo Series
.„ . . 10S-10
As stated before, the Newport National Bank was the suc- Wo'.f Bros. & Co., New York.
:>60.00o Series "Q'\. > „„„„ < 103-20
:
(
-
—
St,
(
1
:
(
Done (103-30
280,' 00 Series "R".. )
cessful bidder at 11881.
I
103-26
200,000 due 80 years
Costello
E.
Peter
Niagara Falls (N. Y.) School District.— Bond Offering.—
103-077
New York; N. W. Hal- ^.000 due 80 years
Proposals will be received until 8 p. m,, Aug. 1, by the Board Sellgman & Co..New
York, and Cyrus
sey & Co..
102-48
mo'ooO llriM-O'
i.-Q"
of Education, Carl E. Tucker, Clerk, for $85,000 3^* gold
Pierce* Co., Philadelphia
10266
280,000 Stnes'-li"
I
school bonds. Denomination, $1,000. Date, May 1, 1902. Speyer & Co., New York
102-91
5.000,000 (all or none)
'
-102-0626
6.000.000 (all or none)
Interest semi-annually to the registered holder of the bonds
101-60
660,000 Series,"P". ;
A or , 101-64
All
In
York exchange. Maturity, $10,000 May 1, 1942, and Chas. D. Barney & Co., Philadelphia.
660,000 Series
one. ; 101 70
280,oOO Series
a like amount May 1, 1943, and also on May 1, 1944, and $5,000
100*00
16,000 due 80 years
on May 1. 1945. Certified check for $1,750, payable to the Wm. H. Griffiths
Biodget. Merritt & Co.. Boston, and j 1,400,1.00 loan of 1898 (all or ) 10 *-5i
Board of Education, will be required.
J
Newburger Bros. & Henderson.l'liila. \ none)
__ 102-605
Series
Norborne (Mo.) School District.— Bond Sale.—On July 7 Charles Kearon & Co., Phlla. and j 660,000
Ail or
B6000O Slrie? "O"" i none.}> kc^-ohs
an issue of $5,000 4% 5 20-year (optional) school bonds was
Joseph Walker & Son. kew York
102 765
asoiooo Series "B"V.>
j
..100-10
awarded to N. P. Evans of Norborne at 100*10. Following Jesse Hendricks, North Wales
17,200 loan of 1898 ....
are the bids
Aggregate of bids, $46,932,200. For descrption of bonds
N. P.Evans. Norborne
16.005 00 R, V.Montague & Co.,K. City. $4.862 50
Chronicle June 28, p. 1369.
see
8. A. Kean, Chicago
6,000 00
Port Chester, N. Y.— Bond Sale.-On July 23 $3,592 4*
North Adams, Mass. Loan Authorized.— The Council has gold drainage bonds .were awarded to the Mutual Trust Co.
authorized a loan of $5,000 for improvements.
This was the
of Westchester County, at 101 and interest.
Nor walk, Ohio.— Bond Offering, Proposals will be re- only bid received. Denomination, $1,000, exoept one bond,
ceived until 12 m., Aug. 4, by J. P. Kellogg, City Clerk, for which is for $592. Date, July 1, 1902. Interest, semi-annuFirst National Bank at Port Chester. Maturity,
$10,000 5% water-pipe bonds. Securities are in denomination of ally at the
$592 on July 1, 1907, and $1,000 yearly thereafter.
$250, dated June 1, 1902. Interest will be payable March 1
Kedlands School District, San Bernardino County, k Cal.
and September 1 at the office of the City Treasurer. Princi- —Bond Election. An election will be held in this district on
July 81 to vote on the question of issuing $10,000 5% schoolpal will mature one bond each six months from March
-
•
New
.
.
.
f.
,
.
I
|
—
—
1,
1903, to Sept. 1, 1922, inclusive.
Either $500 cash or a certi-
Matuif authorized, $1,000.
from 1912 to 1916, inclusive.
Riverside County, Cal.—Bonds Voted.— This county on
house bonds.
Denomiuation,
turity, $2,000 yearly
check for that amount on some Norwalk bank required.
The official notice of this bond offering will be found among July 8 voted to issue $150,000 4* 11 40 year (serial) courthouse bonds.
the advertisements elsewhere in this Department.
Riverside School District, Riverside County, Cal— Bond
Ocean City, N. J. Bond Offering. Proposals will be" reOn July 18 an issue of $9,000 5* bonds ot this district
Sale.—
ceived until 8 P. ji July 28, by the President of the ComFolto Isaac Springer of Pasadena at 105-477.
awarded
was
mon Council for $70,000 4% street and $15,000 4% fire-protec
are the bids
lowing
tion bonds. Authority, election held May 27. Denomina- Isaac Springer. Pasadena
19,400 00
$9,493 00 Oakland Bank of Savings
fied
—
,
:
1902.
Interest semi-annually at
Maturity, Oct. 1, 1982. Certified
check on a national bank for b% of the par value of the bonds
bid for, payable to the City Treasurer, required. Bonds
to be certified to as to genuineness by the United States
Date, Oct. 1,
tion, $500.
office of City Treasurer.
—
H. C. Rogers. Los Angeles
Adams-Phillips Co.. Los Aug.
H. C. Speer* Co.. Chicago....
Trowbridge* NlverCo.. Chic.
9,480 oi
9.44140
9,410 00
9.407 oO
Bonk ol San Mateo County....
W. J. Haves * M>ns, Cleve....
Arthur D.Thompson
9,.i82
20
9,260 OJ
9,144 00
Rome (N. ¥.) school District No. 1.—Bond Sale— On July
91 the $15,000 '6%% 1-15-year (serial) bonds described in the
—
July
Chbonicle July 19 were awarded to the Rome Savings Bank
at 10070. The others bidders were W. J. Hayes & Sons.
Cleveland, Ohio, and the Oneida County Savings Bank of
Rome.
Boselle Park School District, Union County, N. J.Bond (file.— The $12,000 4.% bonds offered for sale on July 10
$6,000 dae July 1, 1912, to
have been awarded as follows
the Union County Savings Bank of Elizabeth at 101-80, and
W
&
W.
N.
Blodj-et,
&
&
&
bonds.
Shelby County (P. O. Sidney), Ohio.— Bond Offering.—
Proposals will be received until 12 m., July 80, by the County
Commissioners, at the office of R. B. Dill, County Auditor,
for $20,150 4£ ditch bonds. Authority, Sections 4479, 4480,
4481 and 4482, Revised Statutes of Ohio. Denominations, ten
of $750 each, ten of $350 each, nine of $300 each, three of $250
each, eleven of $200 each, twelve of $150 each and seventeen
of $100 each. Date, July 1,1902. Interest semi-annually at
Maturity, each six months, as
office of County Treasurer.
St. John (N. B.) School District.— Debenture Sale.— On
July 14 $1,000 3%% 25-year debentures were sold at 10050 and
$11,500 at 100-25. Tnere still remains $22,500 of these debentures, which the district is holding until a price of 100 25 is
bid for the same.
San Antonio, Texas.— Bond Election.—It is stated that an
election will be held July 31 to vote on the issuance of $400,000 street- improvement bonds.
Saratoga Connty ( P. 0. Ballston Spa), N. T. Bond Sale.
—On July 21 the $59,000 Z%% building bonds described in the
Chronicle Jnly 12 were sold at public auction, $49,000 to
Thos. Kirlev of Ballston Spa for $49,286 30 and the remaining
$10,000 to H. J. Donaldson of Ballston Spa for $10,032. The
NEW
follows
Jan.
\
|
|
Amt. Maturity. Awarded
NEW
LOANS.
FERGUS COUNTY, MONT.
OF THE
NOTICE TO BOND BUYERS.
ISSUED TO
THE BOARD OF EDUCATION".
Sealed proposals are Invited for $102,450 3%
per cent registered bonds, interest payable the
1st of April and October.
These bonds are issued in conformity with
provisions of Chapter 543 of the Laws of 1899,
and resolutions passed by the Common Council March 10, March 24, May 6. June 23 and
July 11, 1902, and will be of the following
denominations:
$6,000, dated April 1, 1902, maturing April
1, 1926; $5,000. dated April 1. 1902, maturing
April 1, 1932; $5,000, dated April 1, 1902,
maturing April 1, 1932; $4,000, dated May 15,
1902, maturing April 1, 1932; $5,450, dated
July 1, 1902, maturing April 1, 1932; $5,000,
dated April 1, 1902, maturing April 1, 1933;
$5,000, dated April 1, 1902, maturing April 1,
1933: $7,000, dated August 1, 1902, maturing
April 1, 1933; $5,000, dated April 1, 1902, maturing April 1, 1934; $5,000, dated April 1.
1902, maturing April 1, 1934; $5,000, dated
April 1, 1902. maturing April 1, 1935; $5,000,
dated April 1. 1902, maturing April 1, 1935;$5,000, dated April 1, 1902, maturing April 1,
1936: $5,000, dated April 1, 1902, maturing
April 1, 1936; $5,000, dated April 1, 1902,
maturing April 1, 1937; $5,000, dated April 1,
1902, maturing April 1,1937; $5,000, dated
April 1,1902, maturing April 1,1938; $5,000,
dated April 1, 1902, maturing April 1, 1938,
$5,000, dated April 1, 1902, maturing April 1,
1939; $5,000, dated April 1, 1902; maturing
April 1. 1939.
The right is reserved to reject any or all bids,
•which will be opened in the board room, High
School building, MONDAY, AUGUST 4, 1902,
at x o'clock p. m. The bonds will be ready for
delivery Wednesday, August 13, 1902, and
must be paid for, including accrued interest,
by certified check to the order of the Treasurer
of the Board of Education, Yonkers, N. Y.
Proposals must be accompanied by certified
check for 5 per cent of the amount bid for, to
the order of the Treasurer, and endorsed "Proposal for School Bonds," and addressed to
J. H. Claxton, Secretary of the Board of Education, Yonkers, N. Y.
CHARLES H. FANCHER,
RUDOLF EICKEMEYER JR
PETER U. FOWLER,
,
Committee on Finance.
Notice Is hereby given that the Board of County
Commissioners of Fergus County, State of Montana, will, on the 5th day of August, 1902, at the
hour of 2 o'clock P. M., at their office in the City of
Lewistown, in said Connty, receive sealed proposals
for the sale of $50,000 of Fergus County Refunding Bonds, issued for the purpose of redeeming a
like amount of bonds of said County of the Issue
of 1892,
.
$2,350
2,300
1,760
1
July 1, 1906
Jan.l, 1907
July 1,1907
$1,700
1,000
1,000
H
SCHOOL BONDS
CITY OF YONKERS,
Jan. 1, 1905
July 1. 1905
Jan. 1, 1906- •*...
bault at 103*333.
Slatington, Pa.— Bond Sale.—The $60,000
2-25-year
(serial) refunding bonds mentioned in the Chronicle July 5
10085
NEW
$2,600
2,600
2,600
2,460
currency required.
Shevlin School District, Beltrami Connty, Minn.— Bond
Sale.— On July 18 the $1,500 6% 15 year bonds described in
the Chronicle July 5 were awarded to H. Willson of Fari-
I
LOANS.
1903
A deposit of $150 in
Price.
100-66
to.
$18,000.. 1912.. T. Kirley
14,000.. 1918.. T. Klrley
1.
July 1, 1908
Jan. 1, 1904
July 1, 1904
:
.
Co., Boston.. lorea
Co. of Cleveland, which firm offered
of Denison, Prior
to take bonds bearing* 3-9£ interest be accepted. N. W. Harris
Co. and S. A. Kean of Chicago also put in bids for the
annual.
Price
Merritt*
—
Chronicle July 19 were awarded to Trowbridge
Niver
Co., Chicago, at 102-468.
St. Anthony School District No. 00, Fremont County,
Idaho.— Bond Offering.— Proposals will be received until 1
p. m., Ang. 9, by the Board of Trustees, Don. C. Briggs,
Chairman, at the First National Bank of St. Anthony, for
$1,800 6* 10. year bonds, dated July 1, 1902. Interest, semi-
to.
Larnpreeht Bros. Co.. Cleve
10892
O'Connor & Kahler, New York. .108-078
I. W. Sherrill, Poughkeepsie.... 106-87
.
Scranton (Pa.) School District.— Bond Sale.— On July 14
of the $250,000 3%% coupon bonds described in the Chronicle
July 12, $220,000 were awarded to Dick Bros. & Co., Philadelphia, at 100 91 and the remaining $30,000 were taken by
the sinking f nnd as an investment.
Seattle, Wash. Bids Rejected—Action Reconsidered.
All bids received July 10 for the $100,000 library-site bonds
were rejected at that time, but the Committee on Finance
at a meeting held July 17 voted to recommend that the bid
Rush ford, Minn.—Bond Offering.— Proposals will be received until 7 p. M., Aug. 15, by C. O. Aim, City Clerk, for
$7,000 4g 4-10-year (serial) eleotric-light bonds. Denomination, $1,000.
Date, Aug. 1, 1902. Interest, annual.
Saginaw, Mich.— Bond Sale.— On July 24 the $25,000 4<*
1-10 year (serial) street-improvement bonds described in the
100-18
J10.000..1909..T. Kirley
*flO,000..19lO..H. J. Donaldson... 1"0 32
100*54
12,000.. 1911. .T Kirley
.
& Co., New York. .110-44
W. Harris & Co., New York.. 109*78
Allen, Sand
5, p. 46.
Amt. Maturity. Awarded
J.
Dick Bros.
1932, to the
awaids were as follows
& Co.. New York.111-17 M. A. Stein & Co.. New Tork... 109-57
Hayes & Sons. Cleveland. 110* 72 Jno. D. Bverltt A Co., N Y
1 09-07
A Co.. New York ...110-688 Edw. J. Galllen, Albany
109-06
Farson, Leach
Perth Amboy SavinesJInstituFor description of bonds see Chronicle July
,
207
Schenectady, N. Y.—Bond Sale.— On July 22 the $60,000
school bonds described in the Chronicle July 12 were awardCo., New York City, at 111-17. Foled to Fareon, Leach
lowing are tb.9 bids
:
1
:
THE CHRONICLE.
26, 1902.1
$6,000 due July
tion at 102125.
—
:
now outstanding and redeemable.
Bonds are issued pursuant to the Provisions of
Article Two, Part Four, Title Two, of the Political
Code of the State of Montana and the laws amend
atory thereof; are of the denomination of $1,000
each, and bear interest at the rate of iH per cent
LOANS.
$10,000 oo
NORWALK, OHIO,
Water Pipe Extension Bonds.
Sealed proposals will be received by the Clerk of
the City of Norwalk. Ohio, up to 12 O'CLOCK NOON
OF AUGUST 4, 1902, for $10,000 00 5% coupon Water
Pipe Extension Bonds, payable at City Treasurer's
Office. Bonds are of the denomination of 1250 00
each and are numbered from lt<>40. No. 1 becoming
due and payable March 1st, 1P08, and one bond
thereafter every tt months until all are paid. Unconditional bids upon prepared blanks accompanied
by 1600 orcertifled check on Norwalk bank must be
flied.
Blanks and abstract upon application.
T. P.
KELLOGG, City
Clerk.
per annum.
Proposals should be accompanied by a
certified check for $1,000, payable to J. M. Croft.
County Treasurer, and be addressed to C M. Kelly,
County Clerk, Lewistown, Montana, and marked
"Proposal for Bonds."
The Board of County Commissioners reierve the
right to reject any and all bids.
By order of the Bnard of Commissioners.
SAMUEL PHILLIPS,
Attest: C.
M. KELLY, County
Chairman.
Clerk.
FERGUS COUNTY, MONT.
NOTICE TO BONDHOLDERS.
WEST VIRGINIA
Certificates:
received over
The undersigned Committee have
$9,700,000 of Certificates, and hereby give notice that
they will continue to receive deposits of Certificates
at tbe office of Messrs. Brown Brothers & Company
No. 69 Wall Street, New York City, up to the 15th of
August, 1902, after which date they will be received
only at the discretion of the Committee.
JOHN CROSBY BROWN,
KENNEDY TOD,
Notice Is hereby given that the County Treasurer
of Fergus County, State of Montana, will, within
thirty days of this date, redeem all outstanding
bonds of said County, of the issue of l c 92. Interest
on said bonds will cease at the expiration or said
J.
period.
ROBERT
By order of the Board of County Commissioners.
C. M. KELLY. County Clerk
DEBT.
To tbe Holders of Virginia Deferred
Chairman.
EDWARD
M. SCCDDER,
BARTI.ETT 8. JOHNSTON,
VIRGINIUS NEWTON,
R. P.
CHEW,
L.
HARRISON,
Secretary.
Fergus County, State oi Montana.
Dated the 6th day of July,
1902.
MASON, LEWIS & CO.
BANKERS,
CHICAGO.
BOSTON,
60 Devonshire St.
Monadnock Building.
MUNICIPAL
RAILROAD
CORPORATION
BONDS*
w
Perry, Coffin
&
Burr,
INVESTMENT BONDS
60 State Street,
BOSTON.
Choice Issues.
Street
Railway and Sag Companies.
ON APPLICATION.
L.I8T
The cheapest that are good;
the best at the price.
BONDS AND STOCK
CERTIFICATES
partly lithographed and parlly print. ; finished in a few
da) s ; handsome design. ; must be seen to be
appreciated. Send for samples.
.
ALBERT
B.
I
KING & CO.,
Engravers and Lithographers,
(Telephone Connection.)
105 William
St.,
New York.
Blodget, Merritt
&
Co.,
BANKERS,
16 Congress Street, Boston.
36 NASSAU STREET, NEW YORK.
STATE, CITY & RAILROAD BONDS.
—
—
THE CHRONICLE.
208
[Vol.
LXXV.
have been sold at par, part to the holders of the old 4% bonds
exchange for their holdings, and the remainder to the Cit-
Todd School District, Sonoma County, Cftl.— Bond Sale.—
The County Treasurer has sold an issue of $2,000 6<f 1-10 year
National Bank of Slatington.
Smith's Fall*, Ont.— Debenture Offering.— Propoaa's will
be received until 6p,m, August 16, by B. E. Sparham, Town
(serial)
in
bonds of this district to J. H. Brnsh, President of the
Santa Rosa National Bank, at 107 80. The following bids
were received
izens'
:
Clerk, for $13,162 4% debentures, maturing {.artTyearly for 40
years.
South Orange, N. J.— FondSale.-On July 21 the $15,000
4% 3-17- year (serial) gold renewal sewer bonds described in
the Chronicle July 12 were awarded to Dick Bros.
Co.,
New York City, at 102'72. Following are the bids:
J.
Oakland Bank of Savings...
H. C. Rogers. Pasadena
&
New York...
Dick Bros.&Co.,
102"72
Thompson, Tenney A Crawford,
101-81
New York
1
,
Salle St.
CHICAGO.
MacDonald, McCoy
La Salle
MUNICIPAL
;
;
Date of bonds, Jnly 1, 1902. Interest, semi-annual.
Yictor, Colo. Bond Sale.—
dispatch from Victor dated
July 12 to the Colorado Springs "Gazette" states that satisfactory progress is being made in the disposition of $375,000
water bonds. On July 12 $81,000 worth of the bonds were
disposed of, $30,000 being sold for cash and $51,000 exchanged
for 8% warrants.
The bonds draw 5% interest and are being
sold for the purpose of securing funds to complete Victor's
water system.
Warren County School District No. 11, Township No. 12,
Range No. 2, W. Fourth Meridian (P. O. Alexis), 111.—
Bond Offering.— Proposals will be received until 12 M., Sept.
15, by the Board of School Directors, for $5,000 6£ bonds.
Authority, election held March 17, 1902. Denomination,
$500. Date, Oct. 1, 1902.
Interest annually on April 1.
Maturity, $1,000 yearly on April 1 from 1906 to 1910, inclusive.
Deposit of 5% of bonds bid for required. District has
no debt. Assessed valuation is given as $111,000.
A
J.
INVESTMENTS.
F. WILD & CO.,
BANKERS,
BANKERS,
31 and 33 PINE ST., NEW YORK.
BOSTOD
CHICAGO.
Deal exclusively In municipal,
Indianapolis, Ind.
FOR SALE, HIGH-GRADE
MUNICIPAL
RAILROAD
CORPORATION
Co.,
BONDS
CORPORATION
Netting from SJ4 to
:
$33,000 i% sewer bonds. Denomination, 11,000. Maturity on July J as follows:
*1,000 in the years 1904, 1906 to 1908. inclusive $1,000 in 1910 to 1919,
Inclusive; also 1921, 1922, 192*, 1928 and 1931: $2,100 in the years
19i0, 1923, 1925. 1927, 1928. 1929 and 1930.
12.000 if street bonds. Denomination, $500. Maturity, $1,000 on July 1 of the
years 1905, 1907. 19u9, i910, 1912, 1913, 1915 to 1918, inclusive; 1820,
1921 to 1924 Inclusive: 1926, 1927, 1928, 1930 and 1931 $2,000 on July 1
of the years 1926 and 1929.
INVESTMENTS.
W. HARRIS & CO.,
BON
FARSON, LEACH &
00.
new york.
chicago.
DS.
Ol.'est Bond House in Indiana.
Pr'ces and circulars upon application.
Public Securities,
Street, Chicago.
and
24 fifteen issues of
— The following bonds have been
Bank cf Verona at 103- 333
Quotations f nrnlshed for puronase. sale or exchange
&
BONDS.
171
Kansas.
St-
AND CORPORATION
MUNICIPAL
if
Y.—Bond Sale.— On July
Railroad and other bonds adapted
for trust funds and savings.
NEW YORK.
188 UM TRAVELERS' LETTERS 01 CBMDIi
Mexican government and State Bonds. A VAILABLE IN ALL PARTS OW THE WORLD
Broad Exchange Building, 25 Broad
-
BONDS
SUITABLE FOR
boston,
Savings Banks,
philadelphia.
(it always on hand
Trust Companies,
Trust Funds,
DUKE M. FARSON &CO
115 Dearborn St, CHICAGO.
Send for our Investment
F. R.
Individuals.
Clronlars.
FULTON & CO.,
Municipal Bonds,
171
LA 8ALLE
Rudolph Kleybolte
523 Western Union Building,
»UNU&,
•
•
•
Kidder
S.
&
KNAPP.JR., &CO.,
BANKERS and
Dealers In Investment Securities,
153 La Sails Street,
31 Nassau Street,
NEW YORK CITY.
CHICAGO.
NEW YORK
(ITT
Co., Public Service Corporation
BONDS.
BONDS,
184
LA SALLE STREET,
E. H.
ROLLINS & SONS
BOSTON.
CHICAGO.
Denver.
ILLft
LIST ON APPLICATION.
C. D.
ST..
Co.,
MUNICIPAL
172 Washington Street,
CHICAGO,
NASSAU
&
AND
Chas.
T. B. POTTER,
MUNICIPAL and onkinc
1
Cbtcaoo, Ulltnots.
STREET,
CHICAGO.
CORPORATION
$2,C65 00
2,040 00
Verona, Pa.— Bond Sale.
quired.
Counselman Building 238 La
have been sold to the State
sold to the First National
Finance Committee, 1211 Park Building, Pittsburg, for $20,000
4% coupon sewer bonds. Denomination, $1,000. Date, Oct. 1,
1902.
Interest, semi annual. Securities are part of an istue
of $60 000 londs which will mature $2,000 yearly from 1903
to 1932, inclusive, the securities to be sold at this time being
the first twenty bonds of the series. Certified check for 5%
of the par value of the bonds bid for required.
Tan n ton, Mass.— Bond Offering.— Proposals will be received until 7:30 p. m., July 28, by Edward H. Temple, City
Treasurer, for $15,000 %%% library- site bonds. Denomination, $1,000 (or multiple, if registered), dated June 2, 1902.
Interest semi annually in Boston or at cffice of City Treasurer.
Matuiity, June 1, 1912.
Terrell, Texas- Bonds Voted.— This place has voted to
issue $6,000 water- works-improvement bonds.
Tiffin, Ohio.— Bond Offering.— Proposals will he received
until 12 m., August 15, by John E. Diemer, City Clerk, for
$12,500 4% refunding bonds. Denominations, twelve of $1,000
each and one for $500. Date, Ang. 80, 1902. Interest semiannually at office of City Treasurer. Maturity, Sept. 1, 1912.
Authority, Section 2701, Revised Statutes of Ohio. Certified
check for 5% of bonds bid for, payable to the City Clerk, re-
INVESTMENT SECURITIES,
County
|
one-sixth yearly.
Bond Offering.— Proposals will be reJuly 28, by K. W. Cummins, Chairman
N.
I2,16t»00j Bank of Sonoma
2.180 00 B. W. Paxton
2,070 00
street-improvement bonds, aggregating $28,918 97, were
awarded to the Savings Bank of Utica at par and interest,
Date, May 3, 1902. Interest, 3^, payable annually. Maturity,
101-56
Jno. D. Everitt & Co.. N. Y
W. R. Todd & Co., New York...loroo
INVESTMENTS.
Geo. D. Cook Company,
1
Utica, N.
Farson, Leach &Co.,New York. 101776
.
Troy (Kan.) School District.— Bond Sale.—The $14,000 4%
14-year (serial) school-building bonds offered for sale on
July
Swansea, Mass.—Bonds Defeated.—This town recently
voted against the issuance of $50,000 highway- improvement
bonds.
Swlssvale, Pa.
ceived until 12 m
H. Brush, President.
CHOICE OKLAHOMA
FIRST
MORTGAGES
On Improved Farms
Netting the Investor 6 per cent Interest.
Send for
booklet
and
Building,
Mention
INVESTMENT BONDS.
•8END FOR
LIST.
latest oferinq.
WINNE &~WINNE,
Wlnne
San Francisco.
WICHITA, KANSAS
this paper.
DENISON, PRIOR & CO.
CLEVELAND.
B08TON.
:
:
July
THE CHRONICLE.
16, 1902.]
Watertowa, So. Dak.— Bond Offering.— Proposals will be
received at any time by Henry D. Rice, City Clerk, for from
Denomination to suit
(80,000 to $SO,000 4* water bonds.
pnrohaser. Principal will be payable one-twentieth yearly.
Authority. Chapter 4. Article 18, of State Constitution; also
Chapter
81.
Laws
6,450
6 000
5.00 J
7.000...
6.0n0
6.000
Maturity. nations.
Date.
Bate.
April I, 1903.
April I, 1902.... April 1,1920 $5,000
April 1, 1903 .. April 1,1932 5,000 ....April 1,1902.
April 1, 1002.
April 1, 19"2 ...April 1,1932 6,000
A aril I. 19U2.
Mav 15, 1902.... April 1,1932 5.0C0
Aoril 1, 1902.
July 1,1902 ...April 1.1932 6,0
April 1,1902
April 1, 1902. ..April 1,1938 6,000
April 1, 1902
April 1,1902 ... April 1, 19S3 5,0')o
April 1, 1902
Au«r. 1. 1903. ...April 1. 19*3 6.000
April 1.1902.
April 1,1902.... April 1,1931 5.000
19i4
...April
April
1,1902.
1,
5,000
April 1, 1902
Treasurer,
School District.— Bond Offering.—
Proposals will be received until 5 p m., August 4, by the
Borough School Board A. F. Leuschner, President -for
$30,000 4t 5-29-year (serial) bonds. Denomination, $1,000.
A cheok for $250 is required and bids mast exclude accrued
interest.
Bonds are free from all taxes. These are apparently the bonds offered for sale on June 30.
Wheeling, W. \&.—Bond Offering.— At the election held
ref undine
June 80 the vote on the issuance of $202,200
bonds was 2,043 to 545. Proposals for these bonds will be
received until 12 m August 14, by A. H. Forgey, City ReDenominati ma, $100, $500 and $1,000. Date, July 1,
ceiver.
1902, maturing in Series A to Y on July 1 from 1912 to 1936,
)
ma-
Maturity.
April 1,1935
1.19H6
1,1956
..
..April
..April
...ADril
..April
..April
1,1933
1,1937
1.1937
April 1, 1938
April 1,1938
.
..April 1,1989
..April 1,1939
.
mmt accompany proposals.
notice of this bond offering will be found among
the advertisements elsewhere in this Department.
Yoangstown, Ohio.— Bond Offering.— Proposals will be reI. Davies, City Clerk,
ceived until 2 p. M., Aug. 4, by
for the following bonds
The
—
official
Wm.
:
$19,500 5< Home Street paving[bonds. maturing one Ibond lot $1,050 yearly on
Oct. l from 1903 to 1912, Inclusive.
1,400 5% Wilson Avenue sewer bonds, maturing 'one bond^of $280 yearly on
Oct. 1 from 1903 to 19i>7, inclusive.
H
1,700
5j&
Maple Avenue sewer" bonds, maturing one bond of $340 yearly on
Oct. i from 1903 to 19o7, Inclusive.
1,100 5% McKinnie Street sewer bonds, maturing(one
•
Oct. 1, from 1903 to 19u7, inclusive.
,
bond of $220 yearly on
R^Bonds are dated Aug.
Interest will be payable
11, 1902.
semi-annually at the offi ie of the City Treasurer. Purchasers
must be prepared to take the bonds not later than Aug. 11,
the money to be delivered at one of the city banks or at the
A certified cheok for 2% of the
office of the City Treasurer.
amount of bonds bid for must accompany proposals.
Bond Sale.— On July 21 the following bonds were [awarded
to the Firemen's Pension Fund of Youngstown
$320 5JP Forest Avenue grading bonds, maturing 'one bond of $184 yearly on
A
amounts to $58,200; all other aeries
inclusive.
Series
$6,0)0 each. I aterest annually at the Bank of the Oiio Valley, Wheeling.
The purpose of the issue is to refund bonds
now due and other issues maturing up to 1905. Certified
check for 5£ of bonds bid for, payable to the above named
City Receiver, required. Bids to bej made on blanks furnished by City Clerk.
:
Woodbine (Iowa) School District.— Bonds Voted.— This
has voted to issue $2,500 bonds to build an addition
normal school.
Yonbers (N. I.) School District.— Bond Offering.- PropoAugust 4, by J. H. Claxsals will he received until 8 p. m
ton, Secretary of the Board of Education, for $102,450 3%%
registered bonds. Securities are issued under the authority
district
Oct. 1 from 1903 to 1907. Inclusive, sol.l lor J952 08.
1,350 5% Himrod Avenue sewer bonds, maturing one bond of $880 yearly on
Oct. 1 from 19o» to 1907, inclusive, sold f .r $1,708 61.
700 6% Foster Street sewer bonds, maturing one bond of $140 yearly on Oct. 1
from 1903 to 1907, inclusive, sold for $700.
to the
,
THE GRAND PRIX
will
Interest will be payable April 1 and October 1. A certified
check for 5$ of the amount of bonds bid for, payable to the
3^
The only other bid received was from The Lamprecht
Bros. Co., Cleveland, which firm offered a
for the entire three issues.
MISCELLANEOUS.
MISCELLANEOUS.
Bonds are dated and
of 1899.
Denomi-
4,00
Me.— Bon i
West Homestead ( Pa
Laws
Denominations.
$«,000
5.000
6,000
of 1901.
Offering —Proposals will be rep. M., August 1, by F. A. Koauff, City Treasurer, for $10,000 Z%<i refunding bonds. Denomination, f 1,000.
Date, Sept 1, 1902. Interest semi annually at the Suffolk
National Bank, Boston. Maturity, Sept. 1, 1927.
Watervliet, N. Y.— Bond Sale.-Oi July 24 the $32,0(10
1-82 year (serial) school bonds described in the Chronicle July 19 were awarded to E. J. Grallien of Albany at 101 02.
Waterril'e,
ceived until 5
of Chapter 543,
ture as follows
209
premium
of $16 35
MISCELLANEOUS.
WM. FRANKLIN HALL,
THE AUDIT COMPANY
Accountant,
OF NEW YORK.
"hmTmSi boston, mass.
11
Books audited. Examinations and Investigations conducted with the utmost
Physical and Accounting
Examinations.
care and efficiency.
ERNEST
Audits and Appraisals with
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PHILADELPHIA.
CHICAGO.
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And
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New
Yoee,
THE AUDIT COMPANY
OF ILLINOIS,
NEW YORK
Fnctory Haddenfield, N. J.
:
MUNICIPAL BONDS.
Accountanis and Auditors.
WORKS,
and Hooper Sts„
BROOKLYN, N. Y.
Kent Ave., Keap
BaleMan'f'ersintheU.S.
TRANSMISSION ROPE.
w
QQ
$
00
t-i
CORDAGE
M
J
S
A* A U
A D JL DT
L A E
1
S N£ N
SPECIALTIES
A.
H.
(Memb.
J.
Illinois
121
63
WAXL STREET, NEW YORK
BOSTON.
Vice-President.
C. D. OF.GAN, Sec. and Treas
D. WODRICH Manager.
Association of Public Accountants).
GILT-EDGE VERMONT BONDS.
DIRECTORS:
A
Burlington 4s.
G. Beckeb, A. G. Becker & Co., Chicago.
r. W. LiTTue, V.-Pres. Peoria Gas & Elec. Co., Peoria.
G. A. BTTHBB.Cash 'r Nat'l Live Stock Bank, Chicago,
J.R. Walsh, Pres. Chicago National Bank, Chicago.
L. A. WAl,TON,V.-Pres. Equitable Trust Co., Chicago.
HASKINS & SELLS,
Certified Public Accountants,
NO. 30 BR JAD STREET, NEW YORK.
CABLE ADDRESS "HASKSELLS."
204 Dearborn Street, Chicago, 111.
Williamson Building, Cleveland,
Lincoln Trust Building, St. Louis, Mo.
30 Coleman Street, London, E.
0.
C.
JAMES PARK,
CERTIFIED PUBLIC ACCOUNTANT,
52 Broadway,
New
York.
CO..
BANKERS,
Devonshire Street.
W. LITTLE,
THE AMERICAN
MANUFACTURING
COMPANY,
STANWOOD &
E. C.
WALTON, President.
F.
Bound and
STEEL,
CO.,
Star Sanitary Dairy Apparatus.
OFFICERS
L.
CHROME
NEW YORK.
-
Sanitary Dairy Engineers,
PLANS AND SPECIFICATIONS FURNISHED
FOR HYGIENIC DA
LIFE BUILDING
CHICAGO.
Public
Flat Bars and 5-Ply Plates and Angle
FOR SAFES, VAULTS, Ac.
Cannot be Sawed, Cut or Drilled, and positively
Burglar Proof.
-
Manufacturers of
SECURE BANK VAULTS.
GENUINE
WELDED CHROME STEEL AND IRON
M. E.,
STAR MILK COOLER
WHITING PAPER COMPANY,
hoi, yoke. mass.,
FOSTER,
H.
WATER Works & Pumping Engine EXPERT
Certificates.
Mlddlebury 4s.
Essex Junction Gold 4s.
HARRY
R.
POWELL, &
CO.
Woodstock, Vermont.
VICKERS
15
&
PHELPS,
•
New York.
INVESTMENT BROKERS,
HIGHEST GRADE RAILROAD
Wall Street
B OXDS.
R. T. Wilson
&
Co.,
4ANKBB8 AND COMMISSION MEBCHANT0
S3 Wall mtrmm*. Now York.
Unlisted Stocks and Bonds.
RR. Bonds.
PFEIFFER, 18 Wall
Also Old Defaulted
DAVID
SV
THE CHRONICLE.
210
[Vol.
LXXV.
Qxust Companies.
JUDICIAL SALE OF RAILWAY AND BAIL-
WAY
TORONTO GENERAL TRUSTS CORPORATION
VS. THE CENTRAL ONTARIO RAILWAY.
Pursuant to the judgment In this action of The
Toronto General Trusts Corporation vs. The Central
Ontario Railway, there will he offered for sale by
public auction, with the approbation of the Master of
the Supreme Court of Judicature at Belleville, at
the auction
ro<
ms
of C.
J.
Townseud &
Co.,
No. 79
King Street, East, in the City of Toronto, on Wednesday, the 10th day of September, 19(>2, at the hour
of twelve o'clock noon, ALL AND SINGULAR the
Railway and property of The Central Ontario Railway, that is to say, the said Company's Railway extending from the Town of Plcton through the Township of Hallowell, the Village of Wellington and the
;,
Townshipsof Hilller and Ameliasburgh in the ounty
of Prince Edward, through the Township of Murray
In the County of Northumberland and through the
Town of Trenton and the Townships of Sidney,
Rawdon, Marmora, Madoc, Tudor, Limerick, Wollas
ton, Dungannon and Farraday in the County of
Hastings, all inclusive of the line as laid out and
surveyed, including the right of way and the lands
occupied thereby, and also the superstructure and
tracks and all rails, ties and other material belonging to the Company, placed or used thereon, with
all bridges, viaducts, culverts, fences, stations, station grounds, buildings and erections thereon, and
all
machine shops and other shops held or acquired
for use in connection with the said Company or the
business thereof, and including also all locomotives,
tenders, cars and other rolling stock, and all machinery, tools, implements, fuel and materials for
constructing, operating, repairing or replacing the
said railway or any part thereof or any of its equipments or appurtenances, and also all franchises connected with or relating to the said railway or the
construction, maintenance or use thereof, and all
corporate and other franchises held or exercised by
the said Central Ontario Railway, together with all
and singular the tenements, hereditaments and appurtenances thereto belonging or in any wise appertaining, and the reversions, remainders, tolls, franchises, incomes, rents. Issues and profits thereof, and
all the estate, right, title, interest, property, possession, claim and demand whatsoever, as well In
law as in equity, of the said Central Ontario Rail-
way.
The property will be sold In one block.
Any person bidding at the said sale shall Immediately
upon making
OFFICE OF THE
PROPERTY.
ATLANTIC MUTUAL
INSURANCE CO.
New York, January
money with the amount previously deposited by
him to make up twenty per cent of the purcnase
money of the said railroad; the residue of the purchase money is to be paid into court to the credit of
this action within thirty days after the sale without
interest.
All the parties to the action, with the exception of
the plaintiffs, are to be at liberty to bid.
The vendors shall not be required to produce any
abstract title deeds or copies thereof, or any proof
or evidence of title or any deeds, papers, documents
or copies of any deeds, papers and documents In regard to the property sold other than those in their
IT IS DISTINCTLY UNDKRpossession,
STOOD that the purchaser is entitled to and shall
receive only such title as the Central Ontario Railway has to the property sold or anv portion of it.
The purchaser is to investigate the title at his own
expense.
The vendors shall not be bound to give the pur;
chaser a deed containing any covenants except that
AND
they have not made any incumbrance, and such a
deed shall contain a provision against implied
covenants on the part of the said vendors.
The property will be sold subject to taxes for the
current year.
Any purchaser who shall have paid $10,000 as
hereinbefore provided shall be entitled, for the purpose of making settlement or payment in respect of
the remainder of his purchase money, to turn in
any bonds and any matured and unpaid coupons and.
bonds secured by the Indenture of mortgage to The
Toronto General Trusts Corporation, bearing date
1st day of April, lt82, in order that there may be
credited as paid on account of such purchase money
the sums which would be payable out of any proceeds of such sale to the holder of such bonds and
coupons as his ratable share cf such net proceeds
without, however. Including the said sum of $10,0t0
as part thereof, and such purchaser shall be credited
on account of the purchase money of the property
purchased with the sums payable out of such net
proceeds of the bonds and coupons so turned In, and
any bondholder or bondholders may bid for and purchase the property and make payment therefor as
herein provided: the amount to be so credited In respect of such bonds to be determined and fixed by
the said Master.
In other respects the conditions will be the standing conditions of sale of this Court.
For further particulars apply at the law offices of
Messrs. McCarthy, Osier, Hoskin &Creelman, corner
Victoria and Adelaide streets, Toronto; Messrs. Bell
& Biggar, Belleville, and Messrs. Beatty, Blackstock,
Nesbitt, Faskin & Rlddell, 58 Wellington St., East,
Toronto.
Dated at Belleville the 7th June, A. D. 1802.
(Signed)
S. S.
LAZIER.
Master.
MCCARTHY, OSLER, HOSKIN & CREELMAN,
Vendors'
Solicitors-
26
BROADWAY NEW YORK.
Capital, $2,500,000 Surplug,$2,500,000
OFFICERS*
EDWIN GOULD
President
SAMUEL THOMAS
WILLIAM H. TAYLOR) vice-President*
JOHN A. HILTON. Vice- Pies. Treas.
WILLIAM M. LAWS
Secretary
1
<fc
1901:
DIRECTORS:
Andrew Langdon,
Tremiumson Marine Risks from
let January, 1901, to 31st De-
cember, 1901
$3,604,917 63
Premiums on Policies not
marked off 1st January, 1901.
Total Marine
699,323 61
Premiums
Premiums marked
$4 304,241 24
from 1st
off
January, 1901, to 31st December, 1901
$3,512,339 71
Interest received
during the year.
Bent
$275,102 19
received
during the year,
less
Taxes
54,889 85
Charles P. Armstrong,
Qeo. R. Bldwell,
Frank Bralnard,
Win. M. Laws,
Edward A. Maher,
Amos H. Calef,
Edmund C. Converse,
J.
Wm. Nelson Cromwell.
Winslow
Thomas
William H. Taylor,
T. Eckert,
Edwin Gould,
Frank Jay Gould,
John A. Hilton.
Myron T. Herrlck,
Edward R. Ladew.
Joh n Skelton Williams
E. F. C. Young.
CAPITAL, SURPLUS,-
1900 and pre-
vious years
$398,184 81
occurred
and
were estimated
andpaidlnl901 1,458,859 48
as Trustee under Mortgages, Assignments and Deeds
of Trust, as Agent for the Transfer or Registration
of Stocks and Bonds, and for the payment of coupons.
Interest and dividends.
J. WILLCOX BROWN, President.
J. BOWDOIN, 1st Vice-President.
LLOYD L.JACKSON, 2d Vice-President.
SCOTT. Secy. & Treas.
J.
NESS, Asst. Secy. & Treas.
CARROLL
HENRY
BERNARD
VAN
DIRECTORS:
New
Bank and
other Stocks
$5,403,824 00
Loans secured by Stocks and
speci il deposits in Banks and
TrustComoany
1,291,236 62
" The Oldest Trust
Real Estate, oor.
Wall & William
Streets, cost... $1,017,000 00
Paid toward erec1,547.000 00
...
Other Real Estate
and claims due
the Company
75,000 00
Premium Notes and
Bills Re-
ceivable
1,159,385 19
Cashln Bank
Amount
$10,972,349 2(
Six per cent interest on the outstanding cerbe paid to the holders
thereof, or their legal representatives, on and
after Tuesday, the fourth of February next.
The outstanding certificates of the issue o'
1896 will be redeemed and paid to the holders,
tificates of profits will
thereof, or their legal representatives, on and
after Tuesday, the fourth of February next,
from which date all interestthereon will cease.
The certificates to be produced at the time of
payment and canceled.
A dividend of Forty per cent Is declared on
the net earned premiums of the Company for
the year ending 31stDecember, 1901, for which
certificates will be issued on and after Tuesday, the sixth of May next.
By order of the Board.
CHAPMAN,
De Forest,
William E. Dodge,
Cornelius Eldert,
Ewald Fleltmann,
Clement A. Griscom,
•nson W. Hard,
John D. Hewlett,
Francis H. Leggett,
Leander N. Lovell,
Lewis Cass Ledyaid,
Charles H. Marshall,
George H. Macy,
Levi P. Morion,
W.H. H. Moore,
Frederic A. Parsons,
Henry Parish,
George W. Quintard,
A. A. Raven,
John L. Riker.
Douglas Robinson.
Gustav H. Schwab,
Charles D. Leverich,
William C. Sturges.
A. A. RAVEN. President.
F.
A PARSONS.
I.
22, 1887.
C0HEN,I President.
B.
LEE PAGET,
Secretary.
Issues Interest -BearingDrponlt upon the following termst
On Special Certificates of Deposit, not less than
$500 each, payable upon 10 days' call by the holder
or 10 days' notice by the Trust Company, a^ per
cent per annum.
Payable on SO days' call or ;so days* notice, $K
per centiper annum.
Payable on 90 dajs'call or 90 days' notice. 4 per
cent per annum.
On certiflcateslof $5.00C, or over, interest will bs
paid quarterly or semi-annually if desired
P0BTLAND TBUST COMPANY OF 0BEG0N,
109 Third
Street, Portland, Ore.
CAPITAL, $2,000,000.
PB0FITS, $4,289,362
STJBPLUS
St,
Fidelity
59.
Trust Company
Secretary.
TRUSTEES:
.Tarnes G.
BENJ.
of Oregos
Certificates ot
253,193 27
225,710 li!
Joseph II. Chapman,
George C. Claik,
Oregon."
The Portland; Trust Company
countries
William B. Boulton,
INCORPORATED APRIL
2,639,000 00
in the hands of European
bankers to pay losses under
policies payable in foreign
Gustav Amsinck,
Francis M. Bacon,
Vernon H. Brown,
Waldron P. Brown,
in
OF OREGON.
Cash
H.
Company
PORTLAND
TRUST COMPANY
tion of new build-
J.
J.Willcox Brown. J.A.Tompkins.
s. Mandelbanm,
B. N. Baker,
H. J. Bowdoin,
Leopold Strouse, Fred'k W. Wood, John Pleasants,
Henry Walters, Andrew D-Jones, J. L. Blackwell,
W. B. Brooks Jr., Joshua Levering, Geo. C. Jenkins,
John 8. Wilson
Lloyd L.Jackson, James Bond,
J. S. Lemmon,
J. D. Baker,
H. A. Parr,
Lingen,
L. F. Loree.
Clayton C. Hall, G. A. von
Wm. A. Marburg,
follow-
viz.:
City,
Funds.
Acts as Financial Agent for Stales, Cities. Towns.
Railroads and other Corporations. Transacts a gen-
$1,659,394 66
United States and State of
$2,125,000.
$2,437,500.
Lends money on approved
eral trust business.
security. Allows interest on special deposits. Acts
Returns of Premiums & Expenses. $430,511 52
The Company has the
-
SAFE DEPOSIT BOXES FOR RENT.
$197,649 63
inir
Streets*
A Legal Depository for Court and Trust
$1,857,044 29
Less salvages
112,031 9$
Re-insurances
85,617 6b
York Stock,
German
BALTIMORE.
Losses paid during
the year which
were estimated
ing Assets,
S. Pierce,
Samuel Thomas,
Edward R. Thomas,
John P. Truesdell,
N.\v. Corner Calvert and
in
W. Middendorf,
Henry A. McGee,
Maryland Trust Co.,
$329,992 04
his first bidding deposit with
the auctioneer the sum of $10,000 cash, or by certified check payable to the vendors' solicitors, as security for the completion of his purchase in case he
shall become the purchaser, which check shall be
forthwith returned in case he shall not become the
purchaser, and the purchaser shall at the time of
sale pay to the vendorB or their solicitors sufficient
21st, 1902.
The Trustees, in conformity with the Charter
of the Company, submit the following statement of its aflairs' on the 31st of December,
BOWLING GREEN
TRUST CO.,
Vice-Pres'i.
CORNELIUS ELDERT, id Vice-Pr*g.
THEO. P. JOHNSON, 3d Tiee-Pres't.
Philadelphia.
Adrian H.Muller
& Son
AUCTIONEERS,
Regular Weekly Sales
OF
STOCKS
and
BONDS
EVERY WEDNESDAY.
W. F REDMOND.
Office No.
LOUIS MKS1BR
44 Pine Street, N.
1
.
@FedFRASER