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finanrml
flmnuw
Supplement
Quotation
Street Railway Supplement <^Annu#
(Monthly)
Investors Supplement (Quarterly)
Stale and CiUj
Dana Company, In the offloe
[Entered aocordlng to Act of Congress, in the year 1901. by the William B.
VOL.
SATURDAY, JULY
73.
of the Librarian of Congress.)
NO. 1883.
27, 1901.
Week ending July
C'i«artng»
1901.
I
1901.
1900.
148,8 13, 291
7,681,400
8,099.995
.744. .09
1 329.5W-
New Haven
Springfield
Worcester
Portland
1.708,::
108.725 070
&.H6 800
3.119,181
1,898.13-
96
1.373,061
963.617
&72.H44
Fall River
Lowell
New Bedford
587,79'
WILLI A TI
DANA COMPANY,
B.
Publisher*.
Pine Street, Corner of Pearl Street,
Post Office Box 958.
NEW
New
Total
Bng..
Chicago
I
Indianapolis
+68-0
151679 876
125.870.718
16,466 950
8 993.149
1,919. 33*!
Toledo
Grand Rapids
8 379.768
Dayton
1,367,899
8-0,282
i.999.8BJi
1,280.121
1,269.787
980 BBS
331.760,
l.eoa.fiho
Youngstown
484 879
Springfield,
810,872
474830
Akron
725,000
469.724
415 823
854.430
419.027
181,133
191,662
880,880
148,637
98,176
Not Include
880 698 80b
187,662 859
19 967 168
8 270 3.9
8 412.197
2.827 060
Canton
The following table, made up by telegraph, etc., indicates Jacksonville.
Ill
that the total bank clearings of all the clearing houses of Oulncy
Bloomington
the United States for the week ending to-day, July 27, Jackson
Ann Arbor
have been $1,907,678,348, against $2,353,882,753 last week and
TouMid. West'n
.
week
$1,317,823,417 the corresponding
Clearing!— Rtturnt bv leievravh.
Week Bntfino July 27.
Seven
Other
6,804,236
days
days
cities, 6
all oltles, 6
days
All cities, 1 day
The
al 1 olttes
for
week
Portland
Seattle
+83
Spokane
1
+23
6
+270
+38*4
-0-2
+68-4
Kansas City
6U
-f82"9
Minneapolis
$1,657.7:5 861
800.962.487
$1,112,161,021
805,671.796
+49
8t.
+5C-T
$1,817,678,318
$1,317 823 417
+49-8
1
week covered by
Week ending July
Omaha
Paul
Denver
Joseph
Dos Moines
DavenportSioux City
New York
588,096,473
108.S16.5i-0
41 238.094
21.929 492
5 6U 598
2,413.228
2,997 866
Rochester
Syraouse
Macon
80.
Little
Rook
Chattanooga
1901.
2351.169
1,319,619
1,281,658
1,021,666
1
P. dent.
•
785,878095
86,242926
81066
llll
18.177.181
5,011.29V
2.835,418
S^
2,874,
1/799.90H
1,041 619
968.102
968.288
13.831.B50i
S8 8-0,086
11 758 070
9.161.559
11.03b.851
8,6»7.478'
4,527.600
6,122.078
7.600,162
4,401.676
H.358.40O
8 036'.i.:9
2 883 086
2 009 874
3 00 J 066
9&H 310
1,036.316
i
677,446
3i7,599
310 000
810 313
3-0 20U
293,080
197,860
193.957
178.848
682, /67
286 863
417.3.9
96 5
601,000
369.939
2-1 814
406.734
266 811
146.653
4
887 845
888.661
898.231
184.462'
267 4~2
1.999 306
801.84$
788,722
200,000
237.1.'
140.000
al.
+23
9
172 885 258
132,654.398
12.676 987
1 400.263
1 348.170
+101
4
+26
6
4-33 7
16
+8
-hlS 6
+8*0
+4*3
J-80-7
+26 7
+8S7
+8 7
-1-6
lew.
1890.
•
630,360 410
$
980.471.913
86 935 977
26 6(9 475
8l.tS6 517
4,73h3-<0
2.167 rss
20.031.03i
9,468 167
6.640,0981
4.875.148
4 012.667
4,990,834
1,475 257
12 450 964
10 031,79s
6 801,740
5 160797
8.908 678
10.807,141
3 839 588
9.908,214
0.064,716
9.481.307
8.438.3*7
2 453 883
Jacksonville
Total Southern..
Total
all
4,837.1811
1,062,460,
9c7.666
810.146
832.0.18
4.015.5'.'6
1.471.738
906 895
880.089
1,803.296
1.180,833
467, 191
168.780
880.800
841,5-i7
1,034.651
466 047!
164.649
Notlnclude d
+6
+
43
+
+
+J
+oa
—05
47,122 8891
8,847,636
32,762.118
8.726 4571
7,883 61"
1.970.500
2 150,792
4,390 84*
+4S-9
8.691817
+'28'6
1,686.857
+47
1412 805
+101
1,220 4>-3
1,813.291
718.835
621.784
+21
+14
1,631 059
1
615.886
786.151
601 80
913.06*
791.166
536.000
511.666
391 495
821.271
.'
89.883.673
7
4
2
5M
8 889 633
8 060 440
1 ISO TIB
V8-.982
866.3»7
691.946
321 SOC
1.0
1,052 01-
897 616
447.600
800.000
Outside N. York.
1
-0
9
10 806 031,
98.366.468
SS.86S.799i
6.384 74
20 347.923
I
33-
8 0?
-48'C
e
7
•
8 08.
a 200 000
1.164 678
1 32:
1,955 221 3 II
Viotorta
Vancouver.
1
744.069.412
Total Canada
828
60"-
691131
+143'-C
3HL
3j;
213 0611
396 931
lv» 666
—
+5~
-
-0'i
+88*6
-3 1il,671
07 b:
+6
14 629 051
9 801
8.868
+84 8
1.616 307 865 1090.903.451
6B6 8S6.442
62
76"
03f
460 678.081
18.018.899.
15 6
904
1.4
-18
1.4
776.566
33.726325
021,6/7
l.Oi
674 6*0
7
I
+ 643
8'2
—
811581
Quebec
1w
1.825 126
1
4-80V
71.08100
1
3.651628
780,39:-
6
19 722 149
855
.550
873 IH
&7d,954
887,609
666.000
8.1 7411
891.533
231.P59
1,019.416,
78*. 169
-
1.64.
76
an ad A—
Hamilton
St. John
6.316.672
6.337,196
1,810 683
1
+85-S
9,121901
427.666
76 486
135 805
2 103 650!
616.518 048
Halifax..
699 u63
645 185
439 021
+3 8
+60
+33
771 786.880
11 456
8.086 436
543,088
+*P
-8>
2.853,882,768 1.403,191087
Montreal
Toronto
Winnipeg
944 083
In tot al.
+19
3 602 621
4.742.811
8.853,119
1,655.233
2686451
0*03
6-
46,665.143
8,15' 000
3 268 973
795,752
600 000
47O.909
163 931
96 849
4 1-3 960
8 890 672
8,68-. 161
1,494,673
709,1631
811,8.0
+
56,143.096
8160 848
1,835 1-29
1,172 767
6 983 503
^,47h
19.808 COS
8,879, 1<!7
11-01 12
891,000
41210C
-6"0
321.310
800. 87
+10-8
4 00 000
363,000
716,787 Not Include d in tot al.
Wheeling. W. Va...
1.771.89H.I MO
987 078.176
1.1X6 ¥24 3
Total Middle
1».»&3 057
449.611
287 444
Kargo
Sioux Falls
Total Pacific.
Birmingham
l
114 816.69*
39 9l*3->6
Helena
$931 651,000
1900.
107 458.407
188886
930 686
We
1901.
178,480 668!
888.80..
1,917.521
2,818 052
2 814,912
1.128 690
Tacoma
$1,417,716,442
240,0 0,419
1'0497
..
We
Cltarlnoi at—
+3i '*
84.389.926
4.318688
the above will be
Topeka
given next Saturday.
cannot furnish them to-day, Wichita
Fremont.
clearings being made up by the clearing houses at noon on Colorado Springs..
Tot. other West.
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday St. Lotus
New Orleans
night.
Louisville
present below our usual detailed figures for the pre- Galveston.
vious week, covering the returns for the period ending with Houston
Savannah
Saturday noon, July 20, and the results for the correspond- Richmond
Memphis.
ing week in 1900, 1899 and 1898 are also given. Contrasted Atlanta.
with the week of 1900 the total for the whole country shows Nashville.
Norfolk
a gain of 'J7-9 per cent. Outside of New York the increase Augusta
Kcoxville
over 1900 is 25'2 per cent.
Fort Worth
full details for the
+16M
651.638
751 3*5
492 881
38.889.634
24.012 898
Lake City
St.
Total
846.371
668.861
994.598
k 80 000
916390
b'ranclsoo
Salt
-i-ae-o
+ lt-2
93.93u.K7
84.174 003
6,515 076
31947.186
oltles. 6
Total
$687,976,058
81.678,470
e8. 155 798
14 228.7,8
100.S62.937
76.466,971
17,583,415
125 593.0H6
Orleani
1616,9-6
+«•*
+ 60 7
19.828 231
8 361,711
1,991.383
1,6*9 7 71
1 94J.077
1,017.762
814,489
544.454
265,310
136.429
8an
Los Angeles
Chicago
St. Louis
New
P. Cent
1900.
tl.05n.01 8,608
Boston.
Philadelphia
Baltimore
567.381
last year.
1901.
New York
5 2.-5.4.0
2,512,784
1.492.609
1.879 010
1.897,476
1.408.164
1.477.9*8
477.578
434 07 c
481 000
Lexington
Springfield, Onto..
1
i
4-381
8.218.567
5 392,000
i
3,207.14
2268.410
94.299.870
e.8bi
11474,287
Peoria
Kalamasoo
Rockford
CLEARING HOUSE RETURNS.
8.006,188
1,714.397
1,040,70
878,133
184,943.8.13'
111
155.149*6'-
-0 6
+9S
+01
+17
168,019,407
19.412.000
13.269,599
16.039,064
6.164.580
7.800,000
4 6*5 594
Cincinnati
Detroit
Cleveland
Bvansvllie
YORK.
1898.
+8-19
+86-7
1 828,08»
1.45'. 105
638,440
328.242
294.434
842,470
Holvoke
Milwaukee
Columbus
London Agents:
&
Smith, 1 Drapers' Gardens, E. 0., will take subMessrs. Edwards
scriptions and advertisements, and supply single copies of the paper
at Is. each.
1899.
P. Cent
Boston
Provldenoe
Hartford
|
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20.
at-
PUBLISHED WEEKLY.
Terms of Subscription— Payable in Advance
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For One Year
6 00
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13 00
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Annual Subscription In London (lnoludlng postage)
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THE CHKONICLE.
156
REPORTS OF TRUST COMPANIES IN NEW
TO UK A ND BRO OKL YN.
[Vol. LXXI1I
For these reasons it is natural that stow progress
would prove a highly aggravating circumstance in such
a contest.
Indeed it seems to be fair to assume that this situapages 188 to 193 of this issue of the Chronicle
will be found complete reports of the condition of all tion is not only already developing discouragement
the trust companies in New York City and Brooklyn among the men, but that the presence of this dison June 30 1901, as compared with December 31 1900 couragement is becoming evident to the leader of the
strike.
The latter statement we are inclined to beand June 30 1900.
lieve is true, judging from President Shaffer's latest
remarks. Indeed, a week ago he indicated that in
On
THE INVESTORS' SUPPLEMENT.
The
ment
quarterly
is
number
issued to day,
of our
and
The Supplement
scribers.
on the following
is
his opinion all legitimate means for attaining his end
Investors' Supplehad failed. This conclusion became irresistible when
sent to all our subhe left his judicious way of talking and made a polit-
contains editorial articles
ical
appeal to President McKinley and to politicians
topics.
FUTURE RAILWAY TENDENCIES.
COMPRESSED AIR IN TRACK WORK,
ELECTRICITY IN RAILWAY OPERATIONS.
THE TRAMP NUISANCE.
THE USE OF CALCULATING MACHINES.
1HE FINANCIAL SITUATION.
Crop conditions have been the most serious of the
unfavorable influences which have been operating to
disturb the Wall Street markets thefpast week. The
reports as to temperature and rainfall grew more
generally.
That would seem
to be
the clearest evi-
dence one could have that the situation as it stood
had weakened and become not at all to his liking.
This week he has gone further. He apparently finds
the very air that surrounds him full of phantoms. In
one of his day dreams he has heard Mr. Morgan say "he
will fill his mill with non-union men and protect them
with soldiers." Again, after declaring for himself and
men "we are full of fight and have the money to
make a fight," he stops long enough to go back to his
apparition again, and adds: "I do not like the redflag- waving of Mr. Morgan.
Why should he say he
will call out the militia if he is forced to put nonunion men in his mills ? " These charges wear the
concerning all the cornproducing territory between the Ohio Valley and the
Eockies the early part of the current week. Rains look of desperation. The leader of this Association
has really said
were reported to have fallen, but*it was]said that they of workers cannot believe Mr. Morgan
had proved very local and not heavy. At the same time the things he has charged. He could not give utterance to them if he tried ever so hard they are so out
private accounts continued to come to hand which
may follow such
claimed that the damage done had been greatly ex of character. Whatever violence
assertions, the man who gave currency to them will
aggerated. Altogether it became quite difficult to
have to bear the responsibility.
arrive at a definite opinion respecting the real situa
rather than less unfavorable
—
As the week closes, however,
and more extensive rains are reported.
tion.
cooler weather
The conclu
The wonderful progress which has been made the
few years in the
sion seem s to be that the deterioration has been arrested.
last
Probably the remarks we made last week (page 107)
in our article on "The Crop Situation and Our Bread
stuffs Exports" represent the general crop condition
to-day, except that the injury to corn is not un
likely somewhat wider in extent than we there in-
road corporations
is
affairs
of
some
of our large rail-
strikingly illustrated in
the an-
week that the Voting
the Baltimore & Ohio RR. is to
nouncement which has come
this
Trust in the stock of
be dissolved. It is only two years since this property
passed out of the hands of receivers, the latter being
in control from February 1896 to July 1 199
dicated.
The property was restored to the company as
The steel strike does not appear to have changed the result of a drastic and very comprehenThat is to say, it has not made any sub- sive scheme of reorganization. This reorganiza-.
materially.
Under the circumstances a lack of tion was carried out without foreclosure, but as
stantial progress.
progress is a weakening condition a source of d is part of the plan, and for the protection of all intercouragement to the men who have left their work. In ests, the voting power on the shares was placed for
the present case this conclusion seems especially au- five years in the hands of trustees. These trustees
—
thorized,
is
and
for
several reasons.
First
among them
the fact that public disapproval has time thus to be
heard and to be felt; there is, too, a great deal of it,
is no business class that is not in opposition
for there
to the
movement, and does not believe that
its
success
would be disorganizing to all industrial interests,
harming employe as well as employer. Another feature
operating in the same way is that a large body of the
workers has been " hurrahed " into joining the strike;
with them it is a wholly emotional affair, which they
have been assured was sure to succeed after a brief
trial; such emotion must be fed by progress or it
there is no other food that can keep it up
will cool
Still a further source of weakness is
to fever heat.
the one we spoke of last week that the leader acknowledges there is no question of wages involved,
and consequently the men can have no hope of a
future gain through which to recover the current loss.
—
—
Louis Fitzgerald, Charles Steele, Martin
Erdmann, William Salomon and Otto H. Kahn.
While the duration of the trust was fixed at five years
the trustees were endowed with authority to terminate,
This
it earlier if they thought such a step desirable.
discretion they have now decided to exercise, though
only two years out of the five years set have expired.
Of course as the Pennsylvania Railroad has succeeded to control of the' property and recently had
one of its officials elected to the Presidency of the
company, it is natural that this limitation upon the
voting power should be removed, leaving the Pennsylvania to administer the road in accordance with its
own judgment. But entirely apart from that, the
condition of the Baltimore & Ohio has been so greatly
improved there is warrant in that fact alone for returning the trust to the shareholders. As is known,
under the able administration of Mr. John K.
consist
of
July
THE CHRONICLE.
27, 1901.]
L57
Cowen, aided by the millions provided under tho re- board were found liable. Tne total
organization, the property has been completely trans- bank amount to 85,000,000 marks.
formed physically as well as financially. Moreover, as
liabilities of
the
earning capacity ha 8
The feature of the statement of the New York Asbeen developed in a noteworthy way. Its strength in sociated Banks last week was a decrease of |13j26Q,>
this latter particular is made clearly apparent in an 900 in loans, makirg $33,^68,400 since July 13, and a
outline of the income account for the fiscal year end- reduction of $8,448,800 in deposits, making a total of
ing June 30 1901 which has been furnishtd the $26, 139,800 since the above date. The cash was inpresent week. This income summary states that creased last week by $6,107,800, this amount very
revenues for the twelve months were sufficient to nearly agreeing with our preliminary estimate, and
meet all charges, to provide for the 4 per cent divi- the surplus reserve showed a gain of $8,220,000, cara result of theBe expenditures,
its
dends on both classes of stock, to allow of an appro- rying this item to $21,029,375. Computations of the
priation of 2£ million dollars for betterments, and yet percentage of reserve to deposits of individual banks
leave a surplus of between 1 and 1^ million dollars to indicated that only sixteen, of which but Beven were
national, were below the limit of 25 per cent of cash to
carry forward.
The United States Treasurer had advices on
deposits.
the
that
commenting
a
short
time
ago
on
advantages
$3,000,000 gold would be deposited at
Tuesday
In
likely to accrue to railroad interests on the Pacific the San Francisco Mint and between $1,000,000 and
Coast from the oil discoveries in Texas and California, $2,000,000 at the Seattle Assay Office within a few
we pointed out that to the Southern Pacific Company days, to be paid for with checks on New York. This,
particularly the matter was of the greatest import, it was reported, was the beginning of the movement
That company has always had to pay a very of gold from the Alaskan fields. The agency in this
ance.
high price for its fuel, owing to the absence of coal city of the Canadian Bank of Commerce has this week
In the year ending received checks, which have been cashed at the New
areas west of the Sierra Nevadas.
June 30 1900 the coal consumed, amounting to 1,629,- York Sub-Treasury, for $733,000, representing Yukon
459 tons, cost an average of no less than $4 03 per ton. gold deposited at the Pacific Coast assay offices, as
A reduction of $2 to $3 per ton, or its equivalent, by was last week noted in the Chroxiule, The New
the substitution of oil, would obviously mean a very York agency ofthe Bank of British North America
It appears from a dispatch to has advices of the deposit at San Francisco of about
large yearly saving.
the New York Times from Austin, Texas, under date $500,000 Yukon gold for account of that bank. Offers of
are already unmatured bonds at the Treasury continue small.
of July 23, that active preparations
changing
from
coal
under way for
to oil.
The The amount paid for such bonds at the New York
dispatch quotes W. Gr. Van Vleck, the Manager office this week was $154,461 12, making $14,478,of the Transportation Department of the Southern 925 99 since bond purchases began.
There has been a
Pacific Company, as saying that arrangements are movement this week through transfers at the Sub-Treasbeing perfected as rapidly as possible for the use of ury of currency to Chicago, St. Paul and New Orleans
Beaumont oil as fuel in all the locomotives of the amounting to $975,000, indicating that the demand for
Southern Pacific system. It is purposed first to equip money for crop purposes is growing more active.
the locomotives operating on the division between There was a shipment this week of $600,000 gold
New Orleans and Houston, then those on the lines be- coin to Canada by the Bank of Montreal.
tween Houston and San Antonio, and the management
is also stated to be preparing to use oil in the locomo
Money on call, representing bankers' balances has
tives on all the divisions west of El Paso. In California loaned at the Stock Exchange during the week
oil is already being used on 900 miles of road. The com- at 3 per cent and at 2 per cent, averaging 2£
pany is constructing oil storage tanks of 1,250,000 gal- per cent. On Monday loans were at 3 per cent
lons capacity each, at Houston, Beaumont, Lafayette, and at 2? per cent, with the bulk of the business
and Algiers, and expects later on, according to the at 2£ per cent.
On Tuesday and on Wednesday
dispatch mentioned, to erect tanks at San Antonio, transactions were at 3 per cent and at 2 per cent
El Paso and points west. Altogether, therefore, if with the majority at 2£ per cent. On Thursday loans
these plans are carried out, the company should soon were at 2-£ per cent and at 2^ per cent, with the bulk of
be in position to effect a considerable saving in its the^business at 2£ per cent. On Friday transactions were
at 3 per cent and at 2 per cent, with the majority at
outlays for fuel.
The
official rates of discount at the principal Eurobanks
remain unchanged. The unofficial rates
pean
at the chief centres were easy until Thursday, when
there was a fractional advance at London, due, as reported, to the withdrawal from the market of £1,500,000 by J. P. Morgan for part payment for the
Leyland Steamship Line, negotiations for which were
completed when Mr. Morgan was in Loudon. The
receiver of the Lsipziger Bank, which failed June 25,
reported on Monday that the assets of the concern
amounted to 45,000,000 marks, exclusive of the
5,000,000 marks realized by the sale of the Cassel
Grain- Drying Company.
The receiver stated that
assets amounting to 10,000,000 marks, the property
of the Board of Inspection, would be placed at the
disposal of the bank in case the members of this
With the exception of liberal offerings
2^ per cent.
by the National City Bank on Thursday, the supply of
money seems
to have chiefly consisted of commission-
house balances, for which, owing to the comparatively
small purchases of stocks by non-professionals, these
houses have little use. Banks and trust companies
have, generally maintained 3 per cent as the minimum. Time contracts have been more freely offered this week, owing in part to the competition of
sterling loans, which have supplied the most urgent
demand, and hence lenders of domestic money have
been induced to lower their rates, and in some cases
concessions have been made as regards the character
of the collateral. Quotations are 4 per cent for thirty to
ninety days and 4£ per cent for four to six months on
good mixed Stock Exchange security. Commercial
paper is only moderately active and the local demand is
THE CHRONICLE.
158
small, as banks are preparing for the drain of
money
The buying is
to the interior for crop purposes.
chiefly
by Eastern institutions and not much
paper is being sold to Western banks. The supply
names is fair, but there is no pressure.
of
Rates are 4$ per cent for sixty to ninety-day endorsed bills receivable, 4-.V@5 per cent for prime
and 6@6 per cent for good four to six months'
single names.
The Bank of 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^@2£ per cent. The open market rate at Paris is 1£@2
per cent and at Berlin and Frankfort it is 2f@2f per
per cent. According to our special cable from London
the Bank of England gained £76,884 bullion during
the week and held £37,675,849 at the close of the
week. Our correspondent further advises us that the
fVOL. LXXI1I.
DAILT POSTED BATKS FOB FOBKION KXOHAHGB.
FBI..
MON.,
July 19 July
I
grown Bros
60 dHTi
{Sight...
Baring,
M ago on
(
60 days
1
Night...
(
HO
85*
488
85*
4
06*
68
88
t5*
b6*
4-5*4
85*
-5*
88
88
Ueldelbach Iok- (60 dayi
elhelmer a Co. I Sight...
(60 dayi
Laiard Freres. •{Sight,..
4BS
4 86*
488
tferonanta' Bk.
of Canada...
.
86
e*
eight...
Commerce.
85*
(80 days
4
}81«ht...
4 88
86*
85*
88
88
Bo*
-6*
88
88
86*
86*
88
8h
M
86*
«8*
n
FBI..
86
86
86
60 days
of
MM
88*
86*
j
(60 days
Montreal
Oansdlan Bank
86
68*
86
\
Bunk of
THUR..
94 July 26.
88
eight...
Am eric*
dan
(Sight...
win..
Jul.,
1-5*
J
No.
ft Co..
British
This..
July Hi.
86
4
488
4 85*
488
4 86*
488
4 85*
488
Bank
k2.
bo
KM
86*
-8
88
88
88
88
8B*
86*
85*
88
88
*5*
85*
-5*
KM
se*
*5*
t-6*
88
88
85*
86*
88
88
fc6*
-fi*
B8
88
at 4 84f @4 S5 for long, 4 87±
87£ for short and 4 87£@4 88 for cables. Commercial on banks 4 84J@4 84£ and documents for payment 4 83£@4 85. Cotton for payment 4 83£@4 84,
cotton for acceptance 4 84^@4 84£ and grain for
The market
closed
@4
payment
4 84f
@4
85.
The following gives the week's movements of
open money to and from the interior by New York banks.
gain was due to imports of £46,000 (bought in the
market), to receipts of £149,000 net from the interior
which
£50,000 were to Scandinavia, £45,000 to Egypt and
of Great Britain,
and
Wtik Bndint July 36,
to exports of £118,000, of
£23,000 to Australia.
Received by
1901.
Ourreuoy.
Sold
foreign exchange market was firm early in the
week, subsequently growing easier, and then dull. The
firmness was most noticeable on Monday, when the
market was affected by the small supply of bills and
also by some apprehensions that the damage to corn
and the high prices for grain would tend to limit ex-
which affected both long and short sterling. On the
following day the market was a little better supplied,
chiefly
with drafts against
arbitrage
Gain. I3.1B4.000
Loss
103.000
result
is
as
Week Bndine July
Out o)
Bankt.
Into
26, 1961.
Bank*.
Banks ulterior movement, as above
3nb-Treasury operations
Total gold and legal tenders.
The following
.a
Net Change in
Bank
19.368,000
21,400,000
16.174.000
21,e0P,000
«30,7(!8.000
188,074.000
table indicates the
HokMrtft.
Gain. 18194.000
5C0.000
Loss.
'
Gain. 12 684 000
amount
of bullion
the principal European banks.
July
July 85, 1901
Hank
86. 1900.
o.r
Gold.
Silw.
Total.
Gold.
Silver.
Total.
1
X
*
1
X
1
purchases of
and a little more favorable view of the crop
situation seemed to allay the apprehensions above
The
16,174,000
follows.
stocks,
noted.
19,368,000
With the Sub-Treasury operations the
ports of cereals, and that contracts for early deliveries
of commercial bills on options would have to be cov
There was a good demand for remittance,
©red.
t5.027.000
1,147.000
Gain. 18.207.000
1,044,000
18,324,000
Total gold and legal tenders.
The
Nit Interior
Movement.
Shipved by
N. T. Banks. N. T. Banks.
speculative sales of long sterling with
the intention of covering later in the season and the
rranoe
Germans
1
inssla
A.as.-Httng'y.
Spain
87,676,849
37,675.849 81.689.576
31.689,576
98.285,70s 44.786,483 143.011,166 87,809.868 46.612,609 133,981,877
38,649.000 16,767.000 49,316,000 29,817,000 16.102.000 44.419.000
70,984,000 7,646,000 78,629,000 79,993.000 7,980.000 87,976.000
89,111,000 11,131,000 60.242,000 87.740.000 9,814,000 47,554.000
14,003,000 16,094,000 30,997,000 13.689.000 16,854,000 30.518,000
15,816.000 1,086.900 17,162,930 15,546.000 1,690,000 17,886.000
6,860.700 5.630,600 11,881,2X1
4,871.000 5,963.000 10,831.000
8,076,000 1,688,000
4,614,000
8.808.000 1,404.000
4,218.000
negotiation of sterling loans were actively resumed,
and the tendency of the market was gradually down-
Italy
was influenced on Thursday by
futures against grain and
commercial
offerings
of
free
cotton, though the prices were such as not to De
acceptable to most buyers. Deliveries of July options
of bills against grain are expected to be made next
week and these will most likely have some influence
on the market. The Assay Office paid 8837,197 25 for
domestic bullion. Gold received at the Custom House
for the week, $78,710.
Nominal rates for exchange are 4 85^@4 86 for
Rates for actual
sixty-day and 4 88@4 88£ for sight.
business opened on Monday at an advance, compared
with those at the close of last week, of one quarter of
a cent all around, to 4 85@4 85| for long, 4 874 @4 87f
The market was
for short and 4 88@4 88£ for cables.
strong, but on the following day it grew easier, and it
so continued thereafter, though rates were not quotafoly lower until Thursday, transactions being within a
narrow range. On Thursday rates'for actual business
Fouthli week 317,161.252 1062878S3 433.419.135 802,914.844 1C4419609 407,831,453
Tot. orev. w'k 814.816.971 1063752B8 41P.69l.264 801. 568.5^1 104251907 405.880.49?
ward
thereafter.
It
one quarter of a cent all around, to 4 84|@4 85 for
long, 4 87i@4 87* for short and 4 87|@4 88 for
cables, and the market was easy in the absence of demand. The tone was steady on Friday. The follow
ing shows daily posted rates for exchange by some of
fell
\h.e
leading drawers.
Netherlands..
-fat. Belg'm..
CONTRACTION AND EXPANSION IN BANK
CAPITAL.
An event, epochal in its character, is the capital
enlargement of the First National Bank, the announcement of which was made at the close of last
week. It is epochal because it is a development directly in line with present industrial expansion, and
no doubt is both one of the fruits attending and one
of the agencies promoting that expansion.
The intimacy between growth in trade and growth
In our
in bank capital is not always kept in mind.
legislation this
connection is often disreclose
garded. It
is
true, though-, that as business transactions
multiply, facilities for doing the extra
business
must
So true is this that if we do not provide the way for the enlargement of the facilities, or
if we check the ordinary and more natural one by
heavy taxation or adverse legislation, other methods
often less useful and desirable, will spring into existence in face of our hindrances. On the other hand,
when our legislators lift the burdens which laws or
changes in conditions have put upon banks, or when
multiply
also.
July
we
give
THK CHRONICLE.
27, 1901.
them new opportunities
for expansion
add
>r
banks were by State laws
disabilities
bu.
to the profits of their business, banking capitnl mulThi* prin
tiplies as Boon as the special need comes.
kind of
under the increasing competition <>f a
financial institutions the growth of which was stir
most of our readers that it may
to dwol! upon it.
But
tedious
be thought a little
are so constantly reminded of ths prevalence of this
',
that to
forgetfulnesa by letters of inqui y n
principle
las
founn
recall instances when the
spicuous illustration would seem to be never too fre
ulated by being less
ciple
is
so familiar to
i
quent a study.
public generally stops its investigation and
gives expression to the reason for such an act as
1-irst National has just announced by merely saying
I
be a good business venture
and so does it. Satisfied with that explanation, it negThe reason is only disclosed
lects to go any deeper.
when for an answer to the inquiry one studies
that the bank sees
to
it
Why
did not the bank: take the step ten or
Approaching the subject in that
fifteen years ago?
way and scrutinizing the course of affairs, we find that
instead of increasing capital the tendency during those
years and until a very recent date has been in the
direction of a decrease in banking capital.
A notable
instance as far back as July 16 1877 was the action of
the National
Bank
of
Commerce
from $10,000,(00, at which
its
its
Even before the earliest of
those ten years and thereafter down to as late
itself.
had developed which so far inter
fered with the profitable use of banking capital that
instances were numerous of large decreases; this was
accomplished either through the voluntary windingup of National and State institutions of long stand
as 1899, conditions
a considerable portion
among
These
movements represented the trend of events which
towards the close of that period became increasingly
of
a bank's
capital
its
stockholders.
obvious in all parts of the country. The reason the
disturbance multiplied and became a more serious
feature in
its later
which then existed,
economy
in
jineas
m
!e.
irough rigid
inan-igement and through every form of
retrenchment
in
In other words, stated
expenses.
the adverse conditions
mentioned above drove
the Third National out of business. This same process of liquidation was, we repeat, in operation all
Indeed, even down to 1899, when
over the country.
business was rapidly increasing, conspicuous instances
were occurring in various
which,
as
we
write,
cities.
The
we remember was
last of these
the old
Bank
of
San Francisco. It sent out notices in
July of that year of a meeting September 1 to take
action upon a proposition to reduce its capital stock
from $3,000,000 to $2,000,000. The movement, it
was stated, was due to this same situation, which had
become so burdensome that the step was necessary
"to lessen taxation and decrease the large amount of
money the bank holds for which the management was
California at
First, business transactions innreaB^d; seco
That, though, was a case which transpired prior to
the period it was our purpose to review. Yet it is an
instance in point. The surroundings and act illustrate
the same kii.d of movement referred to above, but we
need not stop to recite them now. The last ten years
ing, or by the distributing of
kxed, an
I
capital
date of organization, to $5,000,000.
form a cycle by
ly
unable to find profitable use."
had stood since 1838
But a change came. Howit came is a very simple story.
in
it
reducing
r
.inking was with great difficulty
Fa\ irable results could only be
[ly,
The
history.
dustrial conditions
»ev<
years was because general business
was more depressed and the strain consequently more
severe.
ngress
opened the door to expansion, altering the national
banking law, decreasing taxation and otherwise amending its provisions so as to make it more profitable for
institutions organized under the law to engage in the
banking business it authorized. Indeed, even before
any relief had been granted and as soon as it became
evident that the National Statute was to be reconstructed upon a more liberal basis, and that industrial
affairs would need more money to carry forward without too great friction the ordinary operations and
new enterprises in prospect, the tendency of banks
with reference to capital was reversed. It was in the
last week of November 1899 that occurred the simultaneous publication of the text of the report on the currency by the Republican House Caucus Committee appointed at the previous session of Congress, and a synopsis of the report to be made to Congress the following
week by Charles G-. Dawes, the Controller of the Currency, suggesting amendments in the bank note system
of material advantage to the banks. Of course the ideas
expressed in these documents were in many particulars modified before the legislation they proposed was
completed and became a law in 1900; but when
published they were at once accepted in financial
We have not the space, and there is no need in a
matter so notorious, to cite many cases in illustration
There was a notable one of
of what we have said.
comparatively recent date in this city, which we can- circles as sufficient evidence that legislation helpful
not omit to refer to, as it brings out so vividly the to general business and also to the banking interests
fatal action of this dry rot which had struck our bank- was sure to be passed, and that speedily.
The response by our Clearing House institutions
ing interest. It was the case of the Third National
Bank reporting a million dollars capital and twenty was, as already said, immediate. Saturday, December
per cent surplus, with a very considerable clientage
gathered during a long business career. An agreement was made by it in May 1897 with the National
City
Bank
to enter
into voluntary liquidation,
ing over to the National City
counts, the
City
all
undertaking
pass-
its
business and ac
to
pay
Third
Hepburn, the
the
National depositors in full.
Mr.
then President of the Third National, explained
He
the apparent anomaly in a very simple way.
said in substance that the same conditions and principles which apply to general business apply with
equal force to the business of banking. Under the
national banking law as it then stood, under other
2 1899 the President of the -National
City
Bank
an-
nounced that the directors had decided to recommend to the stockholders an increase of capital from
$10,000,000, with a surplus of about
$6,000,000. In the statement accompanying the announcement it was further stated that the necessary ac$1,000,000
to
would be taken at a meeting to
be held January 2. Again, Monday, January 8 1900,
public notice was given that arrangements had been
tion of the stockholders
completed for the consolidation of the National Bank
of Commerce and the National Union Bank into one
institution bearing the name of the National Bank of
Commerce, having
a capital of $i0,000,000
and
sur-
THE CHRONICLE.
160
plus and undivided
1900 the
—
which this controversy was continued from 1S84 to
mover National Btnk notified its stock- 1895 appeal was frequently made by Venezuela to
a meeting to be held May 14 to take action the United States, and this country's good offices were
profits
of
$6,200,000.
April 12
—
11
holders of
[Vou LXXIII.
upon a proposition to increase its capital $2,000,000,
to $3,000,000, and its surplus also $2,000,000, to $5,000,000. To these (besides new capital issues in
smaller amounts by other institutions not necessary
of the First National greater than that of any other
on several occasions tendered to adjust the difference.
The matter, however, was not submitted to arbitration, and the concessions offered by England to Venezuela were rejected.
The second Cleveland Administration took up the
matter first under Secretary Gresham, and then,
with more aggressiveness, under Secretary Olney. It
was at this time that the Monroe doctrine came into
bank
particularly active play as a factor in the discussion,
to specify)
must now be added the notable increase
of
the First National from $500,000 to $10,000,000, with
a surplus
of $10,000,000,
making the combined
capital
United States.
We have brought all of these facts together
for the sake of giving prominence to their teaching.
The country wants banks. They are as useful to the producer as railroads.
We cannot see
bo well the part they perform in enabling the
farmer to distribute his wheat and his cotton
among consumers in America and in Europe and elsewhere, or the manufacturer his steel and other goods
all over the world; but they or some other less easily
adaptable financial agent must be had to aid the rail
roads to do the work. We say the part they play in
carrying forward the industrial operations is not so
conspicuous and obvious as that of the producer and
the railroad. But it is true, if it were not for the
lubricating influence they exert, we should have something very like hot boxes creating friction all through
the intricacies of our commercial movements. D ar
ing a long period of history the people, as we have
Been, allowed conditions to stand and develop which
not only stopped the growth of the banking system,
but produced an active decline; now, on the other
hand, Congress and the State legislatures have seen
fit to modify the surroundings, relieving disabilities,
and making the environment more congenial for
growth. Some of the most conspicuous results of
They
1 oth methods of treatment have been cited.
in the
—
la July of 1895 Mr. Olney addressed to the British
Government a somewhat peremptory communication
asserting that the United States was
"to decide
now compelled
what extent, if any," it should intervene in the controversy, and " how far it is bound to
see that the integrity of Venezuelan territory is not
impaired by the pretensions of its powerful antagto
This letter in terms demanded arbitration.
Lord Salisbury's reply took the ground, first, that the
Monroe doctrine against imposition of Earopean systems in America could not apply to a simple dispute
between two States already established in the Western
onist."
continent; second, that so delicate a recourse as arbi-
not rightfully be imposed by a neupower, and third, that Great Britain could not consent to submit to such arbitrament the question what
sovereignty should be imposed on colonists enjoying
and choosing settled British rule. What followed
every one remembers.
The President advised the
appointment by the United States of a commission to
investigate the disputed claims.
He added that with
report
such a
made and approved, "it will be the
tration could
tral
duty of the United States to resist by every means in
its power, as wilful aggression upon its rights and in*
terests, the appropriation by Great Britain of any
lands or the exercise of governmental jurisdiction
over any territory which, after investigation, we have
indicate clearly the moral.
determined of right belongs to Venezuela."
The
popular outburst which followed this deliverance,
PRESIDENT
the brief but high-pitched
excitement of the
EPISODE.
VENEZUELA
American press and public, the bewilderment of
We have lived through so many novel experiences the English people, and finally the financial crash
since the memorable Venezuela episode of 1895, and which in both markets followed this open hint
have changed in so many respects our international at war, were the culminating incidents of the
point of view, that Mr. Cleveland's paper in the cur- period.
The subsequent acquiescence of England in the
rent "Century" comes as a reminiscence of a halfnational
life.
Perhaps,
how- work of the commission, and the eventual compromise
forgotten chapter of our
ever, for the very reason of our new position, it is of the dispute by treaty, in a certain S3nse settled the
worth while to have the incidents of the boundary merits of the question. Neither party obtained all
controversy reviewed. The five years which have that it had originally claimed, but, as the compromise
elapsed since that curious diplomatic incident have was accepted by both sides, it may be said that the
On the other
pretty well fixed its place in history. There are two arbitration principle was vindicated.
points on which criticism of the episode now con- hand, no precedent for compulsory arbitration was
verges and will continue to converge the merits of fixed; the circumstances were peculiar in that the
the main contention and the manner in which our intervention of a third party was in this case wholly
based on a doctrine quite outside the ordinary relations
Government brought the discussion to a head.
Mr. Cleveland's paper adds nothing to what was of the Powers.
We do not think it necessary here to review the
already known by readers of the State papers of the
Venezuela
had
of the Monroe doctrine on the dispute in
arrived
what
bearing
and
at
time. England
Some of the best judges differ now, as
diplomatists call an "impasse." The'British Govern- question.
ment had extended its original claim to territory bor- they differed in 1895, over the validity of its apwhere, as Lord Salisbury
dering between Venezuela and British Guiana. The plication in a case
title to this land was involved in much obscurity. said, no effort was made to fasten a monarchical sys
Great Britain had only nominal possession; Venezuela tern on an American republic. That the precedent,
seized two English ships in the disputed territory; considered in this regard, is highly important, goes,
What Mr. Cleveland's
England exacted indemnity for the seizure and the however, without question.
During the eleven years in paper does bring up for pertinent disoussion, is the
indemnity was paid.
CLEVELAND
ON
THE
—
•
July
THE CHRONICLE.
27, 1901.]
question of methods employed in bringing: the VeneMr. Cleveland invites
zuela settlement to a head.
discussion of this phase of the episode by his sharp
arraignment of his critics of 1S95. "Those among
us," he writes, "who most loudly reprehended and
bewailed our vigorous assertion of the Monroe Doctrine were the timid ones who feared personal iinancial loss, or those engaged in speculation and stockgambling, in buying much beyond their ability to pay,
and generally living by their wits. The patriotism of
such people traverses exclusively the pocket nerve.
They are
willing to tolerate the
Monroe Doctrine,
any other patriotic principle, so long
not interfere with
their
willing
off
to
cast
it
plans,
when
it
as
it
or
does
and are just as
becomes trouble-
some."
This description of the opposition to the Venezuela
policy of 1895 strikes us as imperfect and misleading.
No one is likely to question the fact that people engaged at that time in "bull" speculations on insufficient margins were the quickest sufferers from the
disturbance which followed the Venezuela message,
and were as loud as any one in their complaints. But
that this class of financiers represented the largest or
weightiest part of
war,
is
opposition to open threats of
certainly untrue.
the
Let us see what the actual situation was. The
United States Government, nine months before, had
been barely saved from bankruptcy. It had been
rescued by the aid of the New York financial community, whose later objection to his Venezuela policy
Mr. Cleveland resents. The task of setting the Treasury on its feet an apparently hopeless task at the
—
—
beginning had been carried out on the basis of a
long-time contract. By means of the breathing-space
which the syndicate's support of the Treasury obtained, the country's trade and industry had revived,
but only partly. The outcome of the currency situation was still in doubt, and on all sides it was agreed
that the preservation of national good faith under
existing circumstances must depend largely on the
Government's immunity from further shocks. As a
matter of fact, Mr. Cleveland himself, hardly three
weeks before his Venezuela message, had set forth to
Congress and the people the critical state of the public finances, the disorder of the currency and the deficiency in revenue, and had plainly foreshadowed the
Government's need of further help from holders of
American capital.
It was a situation such as this to which was timed
a special message dealing with a subject not famil
iar to most of our people, and ending with a demand
that England recede from a position already taken by
its Government, the
stated alternative being such
action by the United States as would lead infallibly to
war.
The collapse which ensued in the general markets was the least surprising incident of the whole
affair.
It is easy now to speak lightly of the alarm
which spread through the financial community easy,
because what was apprehended did not happen. Lord
1131
whole pretension of the United States, and in substance warning our Government to attend to ita
own allairB. Such a rejoinder, in such a tone, was
impossible so long as the digniOed channels and language of diplomacy were pursued. It would have
been virtually impossible, if our diplomatists had continued to urge the Venezuela settlement with more and
more insistence. It was, however, not only possible, but
atsome ,paBt junctures would have been almost certain,
when an open threat had appeared in a State paper of
our Chief Executive, addressed to Congress and the
people. Had such a reply come from Great Britain, it
is hardly too much to say that the course of the
Twentieth's Century's history would have been altered, and that the change would have been overwhelmingly disastrous. If it is not the part of prudent financiers to take into reckoning such an alarming possibility, and to protest against the invoking of
it except through critical necessity, then we do not
know what their duty is.
Mr. Cleveland's message was in effect a direct appeal
to the American people; it was at once accepted
by a large part of that people as an invitation to prepare for war. History is full of the mischievous consequences of such appeals made, aB this one was
made, suddenly and in the form of an ultimatum.
The sentiments of national pride and international
defiance are so strongly rooted in the mind of the
human race, that an appeal to them should be
very carefully directed. It is the sudden appeal to
hasty sentiment on which the deliberate fomenters of
war have always reckoned. Both the Napoleons knew
its value to their purposes; but it was never used by
the great peace ministers the Melbournes and the
Gladstones even when war seemed not only imminent but right. Indeed, we may add that even the
Pitts and Palmerstons, the Cavours and Bismarcks,
guarded their language carefully as the crisis drew
near. It was not their practice to start by losing
control of a critical situation. All of these prudent
statesmen well knew that an excited public, which
begins by supporting the just pretensions of a government, may end by dragging that government
where it never dreamed of going.
These are our reasons for thinking now, as we
thought and wrote in 1895, that Mr. Cleveland's
Venezuela message, in its form and manner, was illadvised to the last degree. The eventual settlement
of the Venezuela question, through America's good
offices, we believe would
have occurred without
the special message of December 17. If, in the
r
—
—
—
— which
we do
end, threatB had
become necessary
not believe
should have been set forth very
—they
from their presentation in the special
message. Least of all, we think, ought Mr. Cleveland now to speak with contempt of the body of financial opinion which regarded his policy a3 unfortunately timed and dangerous to the Government's security.
It was the President himself who, in another special
message written three days after the Venezuela paper
Salisbury, taking counsel of the conservative English —called forth by the export of gold attending the
felt
forces rather than of the London war element, answer- panicky flight of English capital from America
ed in perfect good temper, offered concessions, and in compelled to warn the public that "the prevalence in
the end the matter was adjusted.
certain quarters of sudden and unusual apprehension"
But suppose Lord Salisbury had not yielded. and the " depletion in our Government gold reserve/
What Palmerston would have done in the premises is " furnish a signal and impressive warning that
not very hard to guess. Suppose that, instead of the even the patriotic sentiment of our people is not
friendly reply from Downing Street, there had come an
adequate
substitute for a sound financial
a sharp and contemptuous
message denying the policy."
differently
—
—
THE CHRONICLE.
162
TR US T CO MP A NIES.
in the business
and the New York Life Insurance &
Trust from $34,112,569 to $39,060,976.
We need hardly say that with such a large increase
in resources the last six months, there has been a corresponding increase in the depoaits of the trust companies.
A? a matter of fact the addition to deposits
during this period has been no less than 164 million
dollars, and the aggregate of these deposits is now
to $12,190,395,
THE GROWTH OF THE NEW YORK
The continued expansion
[Vol. LXilll.
and oper-
companies of New York State
constitutes one of the mo3t remarkable developments
of modern times, and has no parallel in financial his
tory.
Wo have referred to this growth on many previous occasions, but it becomes more striking with over eight hundred million
each further addition and with the appearance of 096. On January 1 1897
ations of the
trust
dollars,
this
being $802,518,-
same aggregate was
Moreover, the movement is a pro- only a little over three hundred millions ($305,354,gressive one, and instead of having reached its culmi- 637), so that in the
4$ years there has been a gain of
nation in the previous large totals, as some had thought almost 500 million dollars. The magnitude of this
likely, is establishing new high records with every total of $802,518,096 will perhaps be better appreciaNotwithstanding the enor- ted when we say that the deposits of all the New York
succeeding statement.
mous increases already made, present gains are ac- City Clearing House banks at the same date were
The aggregates $971,382,000.
tually on a larger scale than before.
every
now
return.
as disclosed in the semi-annual returns for the
first
AGGREGATE DEPOSITS OF THE NEW YORK TRUST COMPANIB8.
of
$R02,518,fi96
1901
Jan 1, 1896
$307,351,893
July have just been telegraphed from Albany, and in Jan. 1,
638,121,771 Jan. 1, 1895
285,741.794
1, 1901
523.541,570 Jan. 1, 1894
266,092,955
1, 1900
the whole remarkable series of results this is the most Jan.
594,462,708 Jan. 1, 1893
July 1, 1899
264,295,048
467,184,258 Jan. 1, 1892
Jan. 1, 1899
234,466,697
remarkable of all.
383,328,728 Jan. 1,1891
Jan. 1, 1898
211,320,275
305,354,637
Starting with the resources, it is found that these Jan. 1, 1897
The bulk of the six months' increase in resources
resources were enlarged during the last six months
over 168^ million dollars. Noteworthy though pre- and deposits has been employed in the making of loans
No less than 139 million dollars has
vious additions have been, the amount of this gain upon collateral.
that
in
way, and the aggregate of the
been
put
out
surpasses the best previous record.
With the present
addition, the total now comes pretty close to a thou- collateral loans held by these institutions now reaches
sand million dollars, the exact figures being $966,528,- 527 million dollars. L-ist January they had out only
millions in such loans, and on January 1 1897
398, as against but $797,983,513 on January 1 last. 3?8
In the following we carry the comparisons back for a the total loaned on collateral was less than ] 70 million
few years in order to indicate how really phenomenal dollars. Here are the comparisons.
July
the growth has been. It will be observed that as recently as January 1 1898 that is three and a-half
years ago
—the total was
—
no more than $483,739,926.
In other words, in the short interval since then the
amount has doubled, rising from less than 500 millions to nearly 1000 millions.
AGGREGATE RESOURCES OF THE TRUST COMPANIES OF
July
1,
1901
Jan. 1,1901
Jan. 1, 1900
July
Jan.
Jan.
Jan.
1,
1,
1,
1,
$966,528,398 Jan.
797,983,513 Jan.
672,190,672 Jan.
„. 722,356,523 Jan.
579,205.442 Jan.
483,739,926 Jan.
396,742,948
I
!
1899
1899
1898
1897
1,
1,
1,
1,
1,
1.
1896
1895
1894
1893
1892
1891
Not less remarkable than the gain
in the
July
Jan.
Jan.
July
Jan.
Jan.
Jan.
1.
1,
1,
1,
1.
1,
1,
BY TRUST COMPANIES.
LOANS ON COLLATERAL
1901
$527,040,175
1901
387,911,415
328.143,588
1900
378,218,698
1899
1899
283,402,822
230,581,703
1898
169,894,938
1897
Jan. 1, 1896
Jan. 1, 1895
Jan. 1, 1834
Jan. 1, 1893
Jan. 1, 1892
Jan. 1, 1891
$169,161,348
148,953,820
147,794,024
190,321,422
173,552,829
163,685,758
Besides the $527,040,175 loaned on collateral, the
companies had at the same date $42,524,584 of
loans on personal security, bringing the total of their
This shows what
loans close up to 570 million dollars.
trust
STATE.
$392,630,046
865,419,729
341.466,011
335,707,780
300,765.575
280,688,769
N. T.
grand ag-
power these institutions are becoming in the money
market and what competitors of the banks they are.
a
July
1,
1,
LOANS ON PERSONAL SECURITY BY TRUST COMPANIE8.
$42,524,581 Jan. 1, 1896
$29,369,703
22,791,215
39,840,066 Jan. 1, 1P95
22,ri36,957
47,937,934 Jan. 1, 1894
31,101,271 Jan. 1, 1893
19,698,925
29,930,376 Jan. 1, 1892
17,210,145
31,183,292 Jan. 1, 1891
9,755,643
1901
1901
1900
1900
1899
1898
1897
wide and general nature of the Jan.
July 1,
1,
growth, it extending to the old and the new com- Jan.
Jan. 1,
In our Investment Department on sub- Jan. 1,
panies alike.
25,788,188
Jan. 1,
sequent pages (pages 188 to 193) we devote five pages
Another way in which the trust companies have
to a presentation and comparison of the returns of great power over the money market and over the
the companies of this borough and Brooklyn. The banks is in the large amount of available cash they
periods compared are those for the last three semi- have. Their total of cash on hand and on deposit
annual dates, and examination will disclose that in July 1 1901 was over 116 million dollars— $116,183,077
the whole long list there are only two or three com- Of this only $8,814,223 was in their own vaults, the
panies that fail to record very decided increases. We other $107,368,854 being on deposit in the banks
cannot enumerate all the gains where there are so subject to call. Of course all these figures relate to
many, but taking only the most conspicuous in- the trust companies of the entire State, and not New
stances, the New York Security & Trust during the York City alone, but the latter make up the bulk of
last six months has increased its resources from $24,the whole.
CASH ON HAND AND ON DEPOSIT.
795,331 to $37,035,316, the Morton Trust Company
gregates
is
the
1901
$116,183,077
Jan.
1896
$50,804,137
1,
from $39,272,282 to $63,497,583, the Union Trust July
61,206,703
105,702,416 Jan. 1, 1895
Jan. 1, 1901
74,365,761
81,366,289 Jan. 1, 1894
Jan. 1, 1900
from $56,549,440 to $71,191,138, the United States Jan. 1, 1899
35,033,016
71,734,621 Jan. 1, 1893
33,932,847
55,034,451 Jan. 1, 1892
Jan. 1, 1898
Trust from $76,063,429 to $S4,271,060, the Trust Jan. 1, 1897
26,564,978
54,642,344 Jan. 1, 1891
Company of America from $17,857,384 to $22,299,703,
With reference to the other investments, it is only
the Mercantile Trust from $53,318,845 to $68,854,- necessary to say that both the so called stock invest926, the Guaranty Trust from $28,596,070 to $40,575,- ments and the holdings of real estate mortgages keep
949, the Farmers' Loan & Trust from $53,277,567 to slowly but steadily growing.
STOCK INYESTMENT8 OF TRUST COMPANIES.
$61,125,617, the Knickerbocker Trust from $24,317,$104,512,839
$209,624,054 Jan. 1, 1896
July 1, 1901
618 to $32,473,592, the Central Trust from $52,995,- Jan. 1, 1901
97,555,793
196,852,582 Jan. 1, 1895
65,998,230
168,195,642 Jan. 1, 1894
Jan. 1, 1900
254 to $62,529,369, the Colonial Trust from $19,401,610 Jan. 1,1899
57,185,649
136,561,066 Jan. 1,1893
51,132,239
113.525,798 Jan. 1,1892
1,1898
to $24,328,504, the Merchants' Trust from $6,022,673 Jan.
47,180,478
101,983,600 Jan. 1,1891
Jan. 1,1897
I
,
!
1,
July
THE CHRONICLE.
27, 1901.]
ruoDccnoN or no iion
HOLDINGS OF BONDS AND MORTGAGES.
July
1,
|43.8«;2,4-'2
Jan.
Jan.
Jan.
Jan.
Jan.
1901
1901
1, 1900
1. 1899
1, 1898
1, lb«J7
38,143.Uft
1,
40.730.ft76
34,Hft5,<"23
32.624.995
28.6b2.428
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
d
1.
1,
f2ft.ll 1,077
21,51
IV. 4 L.fl
1*05
1M'4
1,1
Kt
I! ..0.
i.
lsita
13.8
1,
1891
17.537.OU8
OUR PIG IRON PROD U 01 ION.
United States during
the first six months of the current calendar year was
the largest of any half yearly period on record. Quite
contrary to general expectations, however, the furtln r
The make
of pig iron in the
increase over the highest previous total
is
very slight.
1888-
l»t half
1889
1890- list
half.
2d half
1891- 1M hair
2.1 half
1890-lMt
4
4,5(52.918
2.561,584
2,717,988
3,939,405
2d
1894-lsthalf
L'd
A
half
still
....
.
1897- 1M
•_'.l
i
-i
lialf
tall
half
hair
b
If
hair
naif....
2d hair
1900-lHl hair
2(1 half
1901-lm hair
'-'.1
.
1899^ut
4,387,317
half
half
half
flhiods.
2d hair
642.190
4,7.
2d half
1893- lnt
1,'
3.368.107
4.911,7.3
1892-lhthBlf
6.1
better way, perhaps, of showing the magni-
tude of the
the first six
the figures this week, and as they are compiled
from official returns, the results are of course exact,
03
8,6<
...8.9«
10,513
Intlf
half* kaki.it
1895— 1st
..
2d
The American Iron & Steel Association, through .Mr.
we
James M. Swank, its General Manager, has made pub
lie
...
2d half
in
Grout Tons.
...8,010.092
...3,469,646
compare simply with
months of previous years. In this way
output
11)01
amount
is
to
1901 at 7,674,613 tons
contrasts with 6,289, 107 tons for the corresponding
six months of 1899, with 5,.sG9,703 tons for 1898 and
find that the
for
Here is a statewith but 4,087,558 tons for 1895.
and indicate the true output. It is worth noting that
ment of that kind, the iron being classified according
though the production of iron has so greatly expanded
to the kinds of fuel used in making it.
within recent years, the statistics are issued with the
PRODUCTION OF IRON ACCORDING TO FUEL USED.
same promptness as heretofore that is to say, within
1901.
1900.
1899.
1890.
First Six Month/.
1807.
—
twenty-five days after the close of the half-year the
Bl tu
mi n'us coal & coke 6,697.379 6,469,711
5,478",655
5,087,1'Jl 3,804,882 1,155.528
Mixed anthr. Jtcoke
990,607
put in possession of the facts.
896,021
e82,027
635,209
473,637
Anthracite alone ....
167,116
121,7-:?
191,231
128,486
147,003
136.C97
Stated in brief, the production of iron for the first Charcoal
17.979
25,012
Mixed charcoal & coke
half of the present year is found to have been 7,674,7,671,613 7,642.569 6,269,167 6,869*/708 4,103,476 4,970,886
Total
613 tons.
As compared with the last half of 1900,
Unsold stocks342,907
127,193
756,330
973,678
705,817
374, U 9
when the make was only 6,146,673 tons, this shows an June 30
446,020
416.333 874,978 847,686
68,309
December31
increase of over 1£ million tons, but as compared
Notb.— In above stocks are Included amounts reported held by the
with the first half of 1900, when the output was Amerioan Pig-iron Storape Warrant Company.
7,642,569 tons, the increase is only trifling. That the
It will be noticed that we have included in the
gain over the corresponding period of last year should foregoing table two lines at the end to show the
be so small may seem strange in view of the fact changes in unsold stocks. These changea serve to dithat the monthly compilations of furnaces in blast, rect attention to another feature which has an importprepared by the "Iron Age " of this city, have for the ant bearing on the situation. In the first six months of
last three months indicated that the current output 1900 the unsold
stocks showed an increase, riswas larger than had ever previously been reached in ing from 68,309 tons to 342,907 tons. The present
the country's history.
But the explanation is very year, on the other hand, the unsold stocks were
simple.
In 1900 the maximum production (298,014 drawn down, dropping from 446,020 tons to 374,129
ions per week) was reached very early namely Feb- tons. If allowance be made for these changes, so as
ruary 1 and this high record was pretty well main
to arrive at'theXamount of iron apparently gone into
tained during the first six months, the serious falling consumption, the totals for 1901 and 1900 no longer
off not occurring until the second half;
the 1st show such a close approximation as is observable on
of April then saw the weekly production some- the basis of output alone.
The apparent consumpwhat lower, at 269,482 tons, but by the 1st of tion the last few years is indicated in the following.
June the amount was up again to 296,375 tons. The
CONSUMPTION OF DOMESTIC PIG-IRON IN UNITED STATES.
present year, however, the start was from a low total.
Gross Tons of 2,210 Lbs.
First Six Months.
Last November the output was down to 215,304 tons,
18'
1896.
1897.
1899.
1901.
1900.
and though from that time on the recovery was con- Production
7.674,613 7,642,509 6,289,167 5,869,703 4,403,1"« 4,976,236
199,715
125,908
•71,891
274,598 *i!88,140 •118,612
tinuous and very pronounced, yet on the 1st of JanuConsumption
7,746.501 7,387,9-1 6,577,307 5,98".34t 4,277,48414.776,621
ary of the present year the production was still only
* Decrease.
250,351 tons; the 1st of February it was 278,258 tons,
Thus nearly four hundred thousand tons more of
public
is
—
—
IS.
and the 1st of March and the 1st of April 292,899
and 296,676 tons, respectively, none of these being up
to the maximum for 1900.
It was not until May that
the 300,000-mark was passed, the output being 301,125
tons, from which there was a further increase to 314,505
tons June 1, but a decline again to 310,950 tons July 1.
But if the 1901 make of iron for the six months
runs but slightly ahead of that for the corresponding
period in
1900, the total
is
nevertheless a very large
one. Should the production for the second six
months
of 1901 be of equal proportions, the aggregate for the
:
went into consumption the first six months of
1901 than in the first six months of 1900, the com-
iron
7,746,504 tons, agaiust 7,367,971 tons.
In the first half of 1899 the amount was only 5,988,345
tons and in 1897 but 4,277,484 tons, which shows the
marvelous advance which has occurred in the interval
parison being
since then.
ITEMS ABOUT BANKS. BANKERS AND TRU8T CO'?.
—The
auction sales of bank stocks this week aggregate 163
shares. Transactions in trust company stock were limited
to 4 shares. No sales of either class were made at the Stock
twelve months would be over 15£ million tons, while Exchange.
Stock of the National Bank of the Republic was
the very largest previous output in a calendar year has quoted in the curb market on Thursday at 300 bid, offered
been only 13f million tonB.
Moreover, as against the at 375, although at the auction on Wednesday 9 shares were
months of 1901, the sold at 600. The probable [explanation of the high price paid
the offer of exproduct for the whole twelve months in 1893 waB but for this lot is that the purchaser expected
had not
(which
change for new First National Bank stock
7,124,502 tons, and for the twelve months of 1894 no
share.
for
share
yet been made public) to be on the basis of
more than 6,657,388 tons. The following is the half- Sales in the outside market were: National City Bank at 655
7,674,613
tons
made
in the six
yearly record back to 1888.
to 625, National
Bank
of
Commerce
at 380, National
Shoe
&
THE CHKONICLK
1(>1
Leather Bank at 106 and Mational Bank of the Republic, on
Tuesday, at 29-1, and on Friday, at 350. The new First National Bank stock, "when iseued," is quoted at 700 bid.
Last Previous Sale.
July 1901—4025
June 1901— 685
Price.
BANKB-tfew York.
4060
Chemical National Bank
700
Hanover National Bank
Manhattan Co.. Bunk of the.. 833^
80
Ninth National Bank
Republic. Nat'l Bank of the... 000
140
Twenty-third Ward Bank
Shares.
1
65
3
60
9
11
Juno 1901—
July 1901—
July 1901—
July 1901—
Bank— Ilrooklyn.
14 Mechanics' Bank
91
290
142
June 1901— 314*4
215
Trust Companies—N.
4 Central Trust Co
314»<a
T.
1925-1950
Juno 1901— 1945
production in South Africa is as yet on a small
scale, but the statement for June 1901, just received, shows
that further progress was made during that month in the resumption of operations in the Wit water srand district. The
total June output, although only 19,779 fine ounces— a decidedly meagre amount when compared with the monthly
yields of over 450,000 ounces as reported before the beginning of hostilities— contrasts with but 7,479 fine ounces in
May. Furthermore, while the May total was furnished by
only three mines, three additional workings contributed
towards the June production.
Normal working of the
mines cannot be expected of course until peace has been restored, but an improvement in results is looked for each
—Gold
of trustees
years of
[Vol.
from sixteen
new
LXXUI
and the lease for ten
Temple Bar building was ratified.
to twenty- one,
offices in the
—
A temporary site has been selected for the new Empire
National Bank of Brooklyn in a building on Broadway near
Halsey Street, and it is expected that the bank will open for
business in September. The Manufacturers' Trust Co. of
Brooklyn has been appointed a repository for the deposit of
subscriptions to the capital of the bank, and a call has been
issued for the payment by Aupuat 25 of the $250,000 capital.
The New York National Exchange Bank will represent the
Empire National in the New York Clearing Houee.
—Alfred Van Santvoord, President of the company operating the Albany Day Line of steamboats, died on Saturday last
in his eighty-third year. His ancestors came to America from
"Commodore*" Van Santvoord was a
in 1718.
and one of the organizers of the Lincoln National
Bank. He was also a director of the Delaware & Hudson,
the Albany & Susquehanna, the Catskill Mountain, the New
York & Harlem, the St. Paul, and the United Railroads of
New Jersey, and he was a director of the Equitable Life
Amsterdam
director
Assurance Society.
—In
the great growth and expansion in the business of the
companies of this city, which has been a feature of the
last few years, and which has extended to the old commonth from now on.
panies and the new companies alike, there has been one comreport that the First National Bank of this city—
pany pre-eminently distinguished for its progress. We refer
whose increase of capital from $500,000 to $10,000,000 was
to the Morton Trust Company. In speaking of this company's
noted in this department last week contemplates the abadvance only superlative forms of expression can indicate
sorption, through purchase of stock, of the National Bank of
adequately what has been accomplished in a very brief period
the Republic, is officially confirmed, and it is said that a conof time. During the last six months alone the Morton Trust
siderable portion of the stock has already been obtained.
Company has made a further addition to its line of deposits
The Bank of the Republio has a capital of $1,500,000 and surin the large sum of 23% million dollars. The company was
plus and undivided profits of $1,303,873. The loans reported
organized not much more than two years ago to take over
July 15 were $14,163,415 and the deposits were $25,467,068.
the business of the old firm of Morton, Bliss & Co. It
The bank is located in the United Bank Building, which is
started with a capital of $1,000,000 and a paid-in surplus of
jointly owned by this institution and by the First National.
In the early part of last year the State Trust
$1,500,000.
The directors of the National Bank of the Republic have isCompany was absorbed and the capital made $2,000,000.
sued a circular to the shareholders as follows: "A proposiSince then its progress has been by "leaps and bounds," as it
tion has been made to the undersigned directors by Mr. G.
were. To indicate this progress in a graphic way we preF. Baker, President of the First National Bank, to purchase
sent the following tabular statement showing the changes in
the capital stock of the National Bank of the Republic of
several leading items of the returns for the last four semiNew York on the following basis: [Provided that shareholdannual periods.
ers owning notless than two-thirds of the stock accept and deSurplus <£
Gross
Morton
Aggregate ^-Price.^
posit the same with this bank on or before August 1 1901,
Capital.
Deposits.
Resources. Bid. Ask.
Trust Co.
Profits.
N. Y. City.
$
$
viz: $275 cash for each share of this bank's stock or one
June 30 1901.-2,000,000 4,026,585 57,382,229 63,497,583 1200 1350
share of the First National Bank of New York for two
Deo. 311900.-2,000,000 3,348,209 33,895,865 39,272,282 490
shares of the National Bank of the Republic of New York. June 30 1900.-2,000,000 3,026,295 29,175.299 31,217,014 400 450
As members of the board of directors and as individual Dec. 311899.-1,000,000 1,549,538 4,791,156 7,340,695 400 425
shareholders we have assented, pending your acceptance,
It will thus be seen that the company's depo3its now stand
in order that all shareholders may have the privilege of par- at $57,382,229 and aggregate resources at $63,497,583. At
ticipating on equal terms, and we recommend the acceptance these totals the company is only surpassed by three other
of the proposition as advantageous."
This circular is signed companies in the city, namely the Mercantile Trust, the
by the following directors: George B. Carhart, Sumner R. Union Trust and the United States Trust the first two of
Stone, James A. Blair, "William Barbour, Charles R. which have a record extending back a third of a oentury and
Flint, Charles Parsons, Anson R. Flower, George H. Macy, the other a record running back for nearly half
a century.
Charles H. Stout.
Taking aggregate resources as the measure, the Morton Trust
trust
—A
—
—
—
The First National Bank's statement to the Clearing Company's total of $63,497,583 compares with $68,854,926 for
House to-day (Saturday) will show the increased capital and the Mercantile Trust; $71,191,138 for the Union Trust and
surplus of $10,000,000 each and $1,096,837 undivided profits. $84,271,060 for the United States Trust. There are two other
The surplus and profits will not, however, be reported sep- old, large and well-known institutions, namely the Central
arately in the Clearing House statement.
Trust and the Farmers' Loan & Trust the total of the Morton
—The directors of the Seventh National Bank on Thursday Trust slightly exceeds both of these, the Farmers' Loan &
adopted a plan for reorganizing the institution with an in- Trust reporting $61,125,647 aggregate resources and the Centcreased capital. New stock to the par of $2,000,000 is to be ral Trust $62,529,369. Of course the Morton Trust Company
issued, making the capital $2,500,000, and a large amount of cannot claim such a large surplus account as these establish;
Present stockholders will be obligated to pay the assessment
imposed by the Comptroller of the Currency of 100 per cent
ments, but this item is a rapidly growing one with it. During the last twelve months—that is from June 30 1900 to
June 30 1901— surplus and profits were increased almost
exactly one million dollars, rising from $3,026,295 to $4,026,The $100 shares of the company in May of the present
585.
year sold as high as $1,325, and current quotations are $1,200
bid and $1,350 asked. The Morton Trust Co. has a very
on their holdings.
influential directorate,
the stock is said to have been already taken; the remainder
is to be offered to present stockholders at 130.
The cash proceeds of the 100 per cent assessment on old stock and of the
new issue will, it is expected, more than provide means with
which
to
—The
pay
all obligations
stockholders of the
and restore the bank
Long Island Loan
&
to solvency.
Trust Com-
pany on Thursday ratified the agreement to increase the capital from $500,000 to $1,000,000, the additional stock to be
issued at $250 per share.
This will also increase the surplus
$1,250,000, and as there are accumulated
profits of about $200,000, this amount may be added to surplus. The stockholders assented to an increase in the board
from $750,000 to
gress
without which'
its
phenomenal pro-
would have been impossible.
—Ninety per cent
of the stock of the Girard Trust
Com-
pany of Philadelphia was represented at the meeting on
Monday last, at which it was resolved by a unanimous vote
The
to increase the capital from $2,000,000 to $2,500,000.
plan, which we have before outlined, is to issue 5,000 shares
of stock at $550 per share, half to the
existing
shareholders
July
THK CHRONICLE.
37, 1901.1
and the other half to outsiders. The yield at this rate will offered to advance 75 cents on the dollar to
if
be 12,750,000. The balance remaining ($3,850,000) after
the money is taken at once. Thn instltal
ally in
partnership of which Mr. Theo|500,000 has been added to capital, together with
the nature or* a pri\
from undivided profits, will be transferred to the present dore Kersten was President, Henry Keraten, Cashier, and
surplus of $5,000,000, making it $7,500,000. Thus the
N. Kersten, Assistant Cashier.
bined capital and surplus will reach the amount of $10,
— Mr. Frank A. Reichardt, formerly Second Vice-President,
000.
Payments for the new stock are to be made in Ire has been made First Vice-President of the Planter,-' aa
instalments: September 3, $150; October 1, if 100; November chanios' National Bank of Houston, Tex., succeeding the
December 3, $100, and December 31 1901, |
1, $100;
One of the directors, Mr. H. Baldwin
late J. II. Burnett.
Resolutions were adopted accepting the provisions of the Rice, was elected Second Vice-President. Mr. W. W. WilAct of the Pennsylvania Legislature of April 19 1901 r
son was ohosen to fill Mr. Burnett's place in the board of
^
I
|
<
-
(
1
lating the
number
of directors; also providing for the oil
directors.
Board of Managers into four classes, to serve
respectively for one, two, three and four years.
ficatiou of the
—The Fourth Street National Bank of Philadelphia
is
also
end a meeting of the shareTo
to increase
holders has been called for September 4. The Fourth Street
this
its capital.
proposes to issue 150,000 shares to be sold at $200 per share.
Of the $3,000,000 realized, one-half will be added to the pres
ent capital of $1,500,000, bringing it up to $3,000,000. The
surplus (now $2,000,000) will profit by the premium of $1,500,000 realized from the issue of the new stock. Mr. Sidney F.
Tyler is President;
H. Rnshton, Vice President; B. M.
Faires, Second Vice President; E. F. Shanbacker, Cashier,
R
and
W.
Z.
McLear, Assistant Cashier.
the activity of the bond department of the State Bank of Chicago. The trust and savings
departments are also expanding rapidly, and it has been
facilities
for
meeting the
same. Additional flaor space has been secured and the work
of enlarging the quarters for the various departments is now
under way.
July 15
A.pr. 24
Feb. 5
Deo. 13
Sept 5
June 29
July
July
July
July
July
July
14
23
14
11
18
12
resignation of Mr. De Lacy Chandler, Secretary of
the Mississippi Valley Trust Company of St. Louis, is an-
nounced. Ill health has compelled the step just taken by
Mr. Chandler, but it is hoped that rest and a change of
climate, which he contemplates, will shortly restore him to
better health. Mr. Chandler has been with the company
since its organization and the loss of his services will certainly be felt.
—An assessment large enough to pay
made on
the depositors in full
the stockholders of the Pynchon National
shown
in the fol-
Gross
Aggregate
Veposits.
Resources.
$200,000
200,000
200.000
200.000
200,000
200,000
200,000
200.000
200,000
200.000
200,000
200,000
200,000
1901
1901
1901
1900
1900
1900
1899
1898
1897
1896
1895
1894
1893
From
is
the foregoing
it
$201,543 $1,311,073 $1,865,625
206,825
1,135,886
1,789,812
194,605
1.713,634
1,071,678
207,687
1,004,338
1,660,008
192,818
982,163
1,624,232
208,872
974,772
1,633,594
147,700
915,278
1.447,978
125,547
589,548
1.136,830
121,065
567,429
1,080,182
123,993
587,895
1,105,875
122,947
496,062
1,061,080
125,945
475,444
1,100,282
120,547
311.380
859,078
appears that gross deposits now are
$1,311,073, as against only $311,380 in 1893,
—The
to be
Currency compare with previous returns
lowing statement.
Surplus dt
HavkkhILL
Capital.
National Bank.
Profltt.
June30
— We spoke last week of
found necessary to increase the
—Among the smaller banks in the New England States the
Haverhill National Bank of Haverhill, Mass., has been adding
greatly to its business during the last few years. How the
figures in the return just made to the Comptroller of the
and aggregate
re-
sources are $1,865,625, as against but $859,078 at the earlier
date mentioned. The bank has at the same time been able
to increase further its accumulations of surplus, the total of
surplus and profits in the eight years having risen from
$120,547 to $204,543. These comparisons are interesting as
showing that even in the case of the "country" banks, there
are instances of decided growth and advancement.
Mr.
John E. Gale is President and Benjamin I. Page is Cashier.
—Mr. John P.
Williams has been chosen to
fill
the position
of Auditor recently created by the American Exchange
Bank of Springfield, Mass. This institution, it will be re- National Bank of Detroit, Mich, The other officials are
membered, was closed by the Comptroller of the Currency Mr. W. A. Avery, President J. N. Bagley, Vice-President
about a month ago.
Hamilton Dey, Cashier, and Hermann Day, Assistant
—The latest banking institution to organize in Cleveland is Cashier.
the Washington Savings & Banking Company, with a capital
—Hereafter the Fidelity Trust Company will be the title
of $100,000. With the exception of the President all the of the Fidelity Insurance, Trust & Safe Deposit Comis
:
;
have been decided upon, and include Mr. J. H. Kuzel,
J. A. Greene, Second Vice-President
M. P. Kniola and W. F. Hoppensack, Secretary and Treasurer.' The location of the bank is still under consideration.
officers
First Vice-President
;
— It has been decided by a vote of the
stockholders to in-
&
crease the capital of the Safe Deposit
Trust Company of
Pittsburg, Pa., from $500,000 to $1,000,000. The new stock,
10,000 shares, will be sold at $100 per share of
$5C».
The
re-
maining $500,000 (out of the $1,000,000 thus accruing) will be
credited to surplus.
Mr. A. E. W. Painter is President;
Thomas Wightman, Vice-President; John H. Ricketson,
Second Vice-President; W. T. Howe, Secretary and Treasurer, and R. C. Moore, Assistant Treasurer.
pany of Philadelphia, the legal proceedings necessary for the
change (which we stated recently was about to be made)
having been complied with.
—The semi-annual statement of the Union Discount Co. of
London has come to hand and shows gross profits for the six
months>nding June 30 of $998,891. A dividend for the halfannum has been dereserve fund was increased
$50,000, raising it to $1,950,000. After making other deductions
for various'charges, $165,708 was carried forward to the next
year at the rate of eleven per cent per
clared, calling for $206,250.
The
account.
—A
reduction of $50,000 has been made in the capital of
the Second National Bank of Nashua, N. H, making the
—
amount now
—Mr.
"Annual Financial Review, Canahas just appeared. Presenting a handsome appearance in red linen covers, the book contains a
large amount of information concerning Canadian corporations and institutions. The matter in this first number consists chiefly of statements and descriptions of the corporations listed on the Montreal and Toronto Stock Exchanges,
The Southern States Trust Company, which has just
begun operations, claims the distinction of being the largest
trust company in Charlotte, N. C. It has a capital of
$100,000, par value $100, and comprises four departmentsbanking, trust, insurance and real estate. The officers are
President, F. C. Abbott
Vice-President, George Stephens,
and Secretary and Treasurer, W. H. Wood.
:
;
William A. Tower has been elected President of the
National
the late
Bank
John
of the
J.
*one, of the
dian," dated July
1,
Commonwealth of Boston, succeeding including a few which are not distinctively home concerns.
Mr. Tower is a member of the well- The book also gives price ranges for a series of years past for
Eddy.
firm of Messrs. Tower, Giddings & Co., and
on several previous occasions had temporarily held the position of President of the above bank. Mr. A. T. Collier, the
Cashier, has been elected Vice-President.
known Boston
—The German Exchange Bank
of Chilton, Wis., capital
been closed by State Bank Examiner E. I. Kidd,
and B. F. Connell of Hay ton, Wis., appointed receiver. It
is reported that the First National Bank of Milwaukee has
$50,000, has
—Volume
$100,000.
In the preface it is stated that the
next issue of the Annual will be enlarged by the addition of
the companies listed on the Quebec and the Ottawa Stock
Exchanges. The Review is issued now rather than at the
the securities covered.
beginning of the year because so many Canadian corporations hold their annual meetings during the six months
to June 30. It is intended to issue an appendix in January
to include the reports which may be submitted between July
THE CHRONICLE.
166
and December 31. As the only publication of this kind in
the Dominion, the work should prove of considerable value
W. R.
to all those interested in Canadian securities.
Houston (Dominion Bank, Toronto), is the compiler of the
•'Review," and William Briggs of the same city, is the
publisher.
1
DEBT STATEMENT JUNE 80
1901.
IMPORTS AND EXPORTS FOR JUNE.
The Bureau
Loan—
Title of
2s.
8i,
4s.
4s.
4s,
5s,
Amount
Interest
payable.
Consols of 1 980
Q.— J.
Loan of 1008-1918.. Q.-F.
Funded loan, 1907. .y.— J.
Refund'gcertiflc's.Q.— j.
Loan of 1926
F.
Loan of 1904
F.
Q—
Q—
•
issued.
30, 1900,
Coupon.
Registered.
12,814.960
61.901.710
53,619,800
39,072.450
10,388,1.00
1900-1901.
i
Bxportt.
Merch'dlee.
April
May
June
Total
1.487.657
Gold and Gold
Bxceu.
$
$
849.941+544,542
1,669
Jam-March.
9,128
4,917
10,103
5,389
8,613
2,283
1,774
53.231)
•600, $1,000.
Total
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
June
Stay 81.
1891, continued at 2 per cent, called
for redemption May 18, 1900; Interest ceased
August 18, 1900
$812.10000
FundeaLoanof 1891, matured September 2 1891..
'0,40000
Old debt matured priorand subsequent to Jan.l '61 1,073,020 26
Funded Loan of
$274,60000
70,400 00
1,070,620 26
Debt on which Interest has ceased
$1,466,12026
Bonds issued to Pacific railroads matured but not yet presented Union Pacific, $12,000 Kansas Pacific. $1,000; total.
:
80.
$1,416,62026
$13,000 00
;
DEBT BEARING NO INTEREST.
United States notes
Old demand notes
National bank notes— Redemption account
Fractional currency
Less amount estimated as lost or destroyed
$346,681,016 00
63,847 60
29,404,309 60
$15,262,345 63
8,375,934 00
6,876,411 68
Aegregateof debt bearing no Interest
—
Classification of Debt
Interest-bearing debt
Debt, interest ceased
Debt bearing no Interest.
June
$
987,141,040 00
1,415,620 26
383,016,684 68
Total gross debt
1,371,672,244 89
Cash balance in Treasury*. 326,833,124 92
Total net debt..
*
May 31,
30, 1901.
....1,044,739,119 97
Inc. or Dec
$
80 00 Dec. 4,883.440 03
1,466,1*0 26 Deo.
40,500 O0
881,334,3*3 13 Inc. 1,681,221 60
$
992.02
1901.
July-Sept...
Oct.-Dec...
Jan.-March.
1,082,476,494 23
Dec.17,787,374 26
Including $150,000,000 reserve fund.
The foregoing
figures show a gross debt on June 30, 1901,
(Interest-bearing and non-interest-bearing) of $1,371,572,244 89
and a net debt (gross debt less net cash in the Treasury) of
$ 1,044,739,119 97.
Treasury Cash and Demand Liabilities.— The cash holdGovernment as the items stood June 30 we take
from the Treasury statement of that date. The net cash
Silver dollars
Silver dollars of 1890.
Silver bullion of 1890.
00
771,754,689 00
General fundGold coin and bullion
Gold certificates
4H,241>60 00
5,373,262 00
18, « «o,644 00
8,098
61,672
-11,342
48,137
44,573
+3,694
11.619
14,723
13.004
4,112
6,066
5,188
8.289
8.120
8,184
3.324
2,460
4.900
+3.331
+6.603
+6.840
+788
+3.606
+288
Total
+ Excess of
56,712
35,266
+21,160
64,i85
36,381
+27,901
We
export
9.949
8.U1
—
a.
Excess of imports.
subjoin the totals for merchandise, gold and
months since July
silver for the twelve
Merchandise.
Twelve
Moi. Exports. fmports.
GOLD.
Excess
of
Ex-
Im-
Exports' vort*.
i~
$
822,767
9900 1,394.483 849,941
98-99 1.227,0<i8 697.148
97-98 1.231,483 616.050
96-97 1,050,993 7«4,7f0
9596 882,«C7 779,725
•
1,487,867
1 for sis years.
~$~~
$
ports.
~%~
Silver.
Excess
Ex-
of
44,57.5
3.69)
529875 37,522 88,955 •51.4'-*
615133 15,406 120 391 •104,685
286283 40,361: 85,01r •44.853
102882'lie,4l0 33,525
78.886
port*.
Excesi
of
Ex-
port*.
$
t
$
661(0053,280 64.572 •11,342 61,2
54451^48 267
Im-
Exports ports.
$
36,381 27.901
56,712 35,26fi 21,450
56.319 30.875 25.044
55.105i3O.928 24,177
31,413
61.947J30.534
00,541 ll*8,777 31.704
5
Excess of Imports.
months
Similar totals for the six
make the following
Merchandise.
Six
Mot.
Easports.
Imports
~t~
since
January
1
exhibit.
Bxceu
GOLD.
Ex-
Im-
Export
ports
ports
"~t
t
of
I
1901 721.744 433,025 288719 29 536
1900 7 12.CS 439,419 2726U 30.441
i
14,449
1
6.625
388 445 204678 27.6E3
23,888
1898 631.6*2 32tt,261 295*81 6,226 92.566
1897 489,7d8 452,>06 36,962 25,09n 6,1-29
1896 444.812 369.05' 74.958 4-A992 25,944
* Excess of imports.
SILVER.
Excess
of
Export:
Ex-
Im-
ports.
ports.
Excess
of Export*,
~~t
t
1
28.434 15.133
13.816 30.370 18 819
4.165 27.12'' 14,437
•86.371 24,598 12.893
•18.867 28.165 15.018
* 1 7.01- 30,204 14.794
15,08'.
t
13,301
J
1,521
12.888
11,706
1 3.107
15.470
In these tables of totals, gold and silver in ore for
all years are given under the heads respectively of gold
1,689,376 41
14.813,003 00
248,7f5 00
8,6l6,66rf09
10,79n,201 34
National banknotes
Fractional silver coin
Fractional currency
and
In national bank depositaries—
To credit of Treasurer of the
United States
To credit of United States disbursing officers
514,340 98
291,064 49
EXCESS OF MERCHANDISE IMPORTS OB EXPORTS.
6 months ending June 30—
Imports.$21,795,212
1875
$158,697,248 52
95,681,016 59
6,785,957 99
260,114.222 10
1,181.868,911 10
certificates
$288,957,689 00
435,ni4,000 00
47,783 010 00
Treasury notes of 1890
National bank 6 per cent fund
Outstanding checks and drafts.
Disbursing officers' balances
Post Office Department account.
Miscellaneous items
. .
$771,764,889 00
13,287,236
5,207,095
61,797,014
9.531,120
3,478,630
27
08
43
63
77
83,281,097 18
$855,035,786 18
Reserve fund
150,000,000 00
176,833,124!
Available cash balance
826,833.124 92
Total
$1,181,868,91110
Cash balance in the Treasury May
serve and trust funds
Cash balance in the Treasury June
serve and trust funds
month
for
each year back to 1875.
101.416,973 58
8ilver certificates
silver.
The following shows the merchandise balance
1,26187
Minor coin
Bonds and interest paid, awaiting reimbursement
Increase during the
-4 ,560
$56,363,844 34
Silver certificates
Silver dollars
Silver bullion
United States notes
Treasury notes of 1890
Gold
+2,352
-1,427
^+8.627
+4,304
8,176
1,962
12,210
1,932
189!*. 593,019
00
00
00
— 3.666
1,781
2.314
2,748
$
.$150,000,000 00
.$288,957.889
435,014,000
.
993,603
.
46,789.497
10,880
17,008
+2.635
+8.328
+3,608
4,959
4,386
4.689
June
CASH IN THB TREASURY,
Reserve fund—
(iold coin and bullion.
Trust fundsGold coin
+47,661
61,001
5,824
3,389
3.683
3.729
+5.830
+8.770
+6.409
+2,815
+1,640
+2,687
May
ings of the
balance and the reserve fund of $150,000,000 have both beeD
deducted above in reaching the net debt.
5,824
12.602
11,303
April
OO-Ol
Deo. 8,242,718 50
Dec.14,4 94,855 76
+2,658
-29.086
+516
17,182
18.719
14,520
M
1,374,814,963 39
312,3f 8,469 16
19,479
30.644
+44,057
+45,924
+34,676
Sliver and Silver In Ore.
$383,015,684 63
RECAPITULATION.
$
822,767+664,900 1.394.488
Ore.
76.698
78,845
67,988
Oct.-Dec...
June
$
$
204.682+241,299
209.615+164,061
July-Sept...
April
Excess
197,468+112,001
213,086 +139.990
231.253+139.928
73,610 +43,262
71.664 +41,774
Note.— The denominations
May
,
Imports.
309.460
372.991
371,181
118,773
113.428
108,662
Agg'teln
1
oases omitted.]
1899-1900.
Export*.
1S5.049 +134,883
In
22.185
BearinK Debt.1,687,982,740 819,325,680 167.782,140
(87,141,040
of bonds are as follows: 4s of 1907. registered, $60, $100, $600, $1,000, $5,000, $10,000. $20,000, $50,000, coupon, $50, $100,
1500, $1000; «s. re unding certificates, $10; 6s of 1904, registered, $50, $100.
11.000, $10,000 coupon. $50, $100, $1,000; 4s of 1925 registered. $50. $100. $600.
11,000, $6,000, $10,000. coupon. $50, $100, $500, $1,000; 3s of 1908-1918 registered
120, $100, $500, $1,000, $5,000. $10,000. coupon, $20, $100, $5o0, $1,000; 2sof 1900930, registered, $50, $100, $500, $1,000, $6,000, $10,000,$60 000, coupon, $60, $100,
all
.
,
Import*.
$
319.982
445,981
373.766
120.765
124.569
102,664
Oct.-Dec...
Jan.-March.
Total.
$
445,940,750
99,621,420
267.87H.U50
83,820
162,315,400
21,861,100
*
4)6,940,760 433.126,800
198.7W2.840
47.719.H80
740.921,200 203,766.260
40,012.760
162,316.400 123,242.960
11.470.9C0
100,000,000
In the following tables three ciphers (OOCs) are in
July-Sept...
Amount Outstanding.
of
June, and from it and from previous statements
we have prepared the following interesting summaries:
Foreign trade movement of the United states.
of the public debt and Treasury
cash holdings of the United States are made up from official
figures issued June 30, 1901. For statement of May 31, 1901,
Chronicle June 15. 1901, page 1169; that of June
July 21, 1900, page 115.
INTEREST-BEARING DEBT JUNE 80, 1901.
Washington has issued
the country's foreign trade for
of Statistics at
the statement
The following statements
see
see
[Vol. LXilil.
81, 1901,
exclusive of re-
80, 1901,
exclusive of re-
$182,838,469 16
178,833,124 92
$14,494,665 76
12 monihi ending June 30—
Imports $19,562,725
1875
1876
Exports. 79.643.481
Exports. 151, 152,094
1877
Exports.257,814,234
1878
Exports.264,661,666
1879
Exports.167 ,683,912
1880
Exports.259,712,718
1881
Exports. 25,902,683
1882
Exports.100,658,488
1883
Exports. 72,815,916
1884
Exports.! 64,662,426
1885
Exports. 44,038,694
1886
Exports. 23,863,44:!
1887
Imports.
28,002,607
1888
Imports. 2,730,277
1889
68,-* 18,275
Exports.
1890
Exports. 39,564,614
1891
Exports.202,675,686
1892
Imports. 12,605,798
1893
Exports.244,132,692
1894
Exports. 75,568,20.
1895
Exports.102.882,264
1896
Exports. 286,263,144
1897
Exports.61 5,432,676
1898
Exports.529,874,813
1899
Exports.544.54l 8D8
1900
.Exports.664,900,011
1901
i
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
Exports. 50,063,783
Exports. 37,896,413
Exports. 155,854,535
Exports. 11 5,036,6 11
Exports. 31,163.494
Exports. 97,^99,966
Imports. 39.437,030
Exports. 46.033,019
Exports 10,755,835
Exports. 55,313,693
Imports.
978,738
Imports. 27,090,127
Imports. 61,575,300
Imports. 30,655,256
Imports. 18,721,363
Imports. 13,261,571
Exports. 47,425,412
Imports. 68,800,021
Exports. 68,486,072
Imports. 4,735,035
Exports. 74,956,440
Exports. 36,961.882
Exports.295,280,759
Exports.204,573,754
Exports.272.6 15,091
Exports.288,718,703
July
THE CHRONICLE.
27. 1901.]
IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN FRANCISCO.
The Collector of Customs at San Francisco has furnished
us this week the details of imports and exports of gold and
silver through that port for the month of June, and
they are given below in conjunction with the figures for
preceding months, thus completing the results for the
The imports of gold were mod( rat.
fiscal year 1900 1901.
r
reaching $ >04,80G, of which 1190,750 was in coin. Of silver
there came in $307,310, mainly bullion. During the twelve
months there was received a total of $24,601,483 gold and
$3,183,515 silver, which compares with $10,456,861 gold and
The shipments of gold during
$2,G(>9.33 silver in 1899-1900.
June were $205,597, mainly bullion, and the exports of
silver have been $504,635, ot which $113,635 was coin. For
the twelve months the exports of gold reached $364, Tos,
against $2,025,189 in 1899-1900, and $7,927,900 silver was
sent oat, against $7,552,120 in 1899 1900. The exhibit for
June and the twelve months is as follows:
MP0RT9 OF GOLD AND 3ILVKR AT SAN FRANCISOO
.
1
,
]
GOLD.
Bullion.
Ooin.
1900-01.
July
August
September
October...
November.
December.
January...
February..
April
May
9
3,462,225
1,705,035
2,683,855
4,371,480
4,786.266
2,164,390
2,666,060
8,202
679,252
326,055
10,495
490,750
SILVER.
Ooin.
Total.
Bullion.
9
9
9
38,468 3,500,693 77,154
21,128 1,726,163 166,223
27,322 2,711.177 119,000
33,906 4,405,38' 117,013
16,092 1,802,358
7,631
85,263 2,249,653 82,906
47,02712,713,087 53,546
603.236J 611,438
190,2981 869,550
2.967
100,613 426,668 10,144
60,504' 10,487
70,009.
14,056| 504,806 52,750
Total.
9
141,904
214,227
171,614
108,809
379,472
186,025
290,484
114,030
167,783
268,223
286,533
154,590
9
219,058
380,150
290,614
225,822
387,103
268,931
344,030
114,030
170,750
278,367
297,020
207,340
|
23354065 1.247.41s 24601483 699,821 2,483,694 3.183,515
EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.
Tot. 12 urns
[From our own correspondent.]
London, Saturday, July 13, 1901.
Eugland
rate
of discount is maintained at 3
of
Bank
The
have
had this wtek to meet a call
wo
although
per cent; and
of 10 per cent upon the late isme of consols, rates in the open
market have remained very easy indeed. Day-to day money
has been in plentiful supply, at say, from 1 per cent to \% per
cent. The discount rate throughout the week has been well
below the official minimum; and even for long-dated paper,
although bankers are «ot anxious for it, the rate quoted is
only slightly above that charged in Threadneedle Street. It
will be Been, therefore, that at least in the opinion of those
who are engaged in the business of lending and discounting,
there is, at present at any rate, no apprehension of any
marked advance in the value of money.
Nevertheless, the feeling in the money market is by no
means as confident or as comfortable as it was three or four
weeks ago. Before the contest between the Morgan interest
and Mr. Harriman over the Northern Pacific property there
was a general expectation here, owing to the easy state of
the New York money market at the time, that the boom then
progress in American securities would last throughout
the summer. It was thought, moreover, that the difficulties
in
to exist in Germany would be tided over, at any rate
the autumn; and the general impression, therefore, was
that we might regard a period of very cheap money as assured here until the turn of the year that is, in midwinter.
Of course the result of the Northern Pacific split caused a
heavy fall in American " rails " in Wall Street, in London and
known
till
—
Berlin,
GOLD.
SILVER.
MONTHS.
107
and renewed the
difficulties in
the laBt-named city
once more in a very acute form.
The fall in Americans which has taken place again this
week
has been largely due to the way the Berlin market has
1900-01.
9
9
9
$
9
July
6,775
6,776
486.231
419,232
905,463 been pouring out stock here and wherever a market can be
August
32,485
970
33,455 803,632 449,100 1,252,732
September 20,578
20,578 1,295,996 334,732 1,630,728 found. There is a feeling, moreover, that a certain measure
October...
29,523
29,523
523,686 209,300
732,986 of liquidation from your side is inevitable; and besides the
November.
19,982
19,9 32
169,213 211,500
380,713
December.
23,500 2,200
25,700 350,814 692,362
943,176 difficulties in Berlin to which I have referred, there is a seriJanuary ..
6,004
6,004
102,822
69,760
172,582
February..
1,250
1,250
1,593
56,000
57.593 ous crisis in progress in Belgium. The Brussels Bourse of
8,882
8,882
45,066 373,000
418,066 course is a very small one; and were it not for the fact that
April
4,090
4,090
61,207 415,630
476,837
May
2,922
2,922
8,455
443,934
452,389 a large number of former members of the Paris market have
June
5,597 200000 205,597
113,635 391,000
504,635 migrated to Brussels and have been, owing to the Bourse laws»
Iot.l2moa 161,588 203170 364,758 3,962,350 3,965,550 7,927,900 for some years now supported by French money, the mat"
ter might attract very little attention; but inasmuch as the
Failures for Second Quarter and Since January 1.—
The following figures, prepared from Messrs. R. G. Dun & Paris and London markets are the only two of the great
Co.'s statement, show the number of failures in the United financial centres of our hemisphere where there has not been
States and Canada during the quarter ending June 30, 1901, rash speculation recently, the significance of any possible
and for the six months ending with the same date. For pur- drain in either of these markets will be at once appreciated.
poses of comparison like figures for the corresponding peOnce more the India Council has reduced the amount of
riods of the preceding year are given
drafts which it offers to 20 lacs. This is in no sense due
its
-1901.1900.
Bull'n
Ooin.
Ooin.
Total.
Bullion.
Total.
"$~
,
..
:
No. of
Second Quarter.
New England
Failures.
Amount of
.
No. of
Liabilities. Failures.
483
498
404
129
492
188
230
$5,321,381
8,455,560
3,038,879
1,008,311
4,339,565
979,230
958,278
408
522
395
157
470
233
253
$3,879,543
23,411,729
3,689,394
1,416,175
6.861.989
1,680,690
785,359
Aggregate United States... 2,424
States
Middle 8tates
Southern States
Southwestern States
Central States
Western States
Pacific States and Territor's.
$24,101,204
2,438
$41,724,879
219
$2,205,204
295
$2,260,101
1,063
1,180
1,009
902
Central States
1,224
Western 8tates
471
PaciflcStates and Territor's. 461
351
$13,162,063
17,874,695
7,683,313
2,405,915
9,467,755
3,062,598
2,148.351
924
423
987
529
496
$12,362,921
32,917,414
7,458,747
3,062,023
13,360,880
3,547,356
2,038,106
Aggregate United States... 5,759
$55,804,690
5,332
$74,747,452
Dominion of Canada
Six Months.
New England States
Middle States
Southern States
Southwestern States
1,071
Dominion of Canada
676
$5,542,926
704
$5,016,742
The record of failures in the United States by quarters for
the first six months of the last sixteen years is as follows
:
.
Failures.
Years—
1885
1886
1887
J888
1889
1890
1891
1892
1893
1894
1896
1896
1897
1|98
1899
1900
1901
First Quarter.
*
,
Second Quarter.
Number
Amount of
Number
Failures,
Liabilities.
Failures.
$46,121,051
29,681,726
32,161,762
38,834,789
42,972,516
37,852,968
42,16'/. 63
39,284,349
47,338.300
64,137. 3^3
47,813,683
57,425,135
48,007,911
82.946.565
27.152.031
33,022,573
31,703,486
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
3,658
3203
8007
2.948
3,311
3,223
3,545
3384
3202
4,304
3 802
4031
3932
3,687
2 772
2
894
3335
demand for Council drafts on the part
the Anglo-Indian community upon the market in London.
Amount of to a
Liabilities.
—
Amount
of
Liabilities.
$28,601,304
20,752,734
22,976,330
29,^29,370
22,856,337
27,466,416
50,248,636
22,989,331
121,541,239
37,601,973
41,026,261
40,444/47
43,684,876
34,498,074
14,910,902
41,724,879
24,101,204
of
This
falling off in the
of coarse the dead season of the year as regards Indian
and consequently the demand is not a very keen one.
Nevertheless, for the 30 lacs offered on Wednesday over 33
lacs were applied for, and the prices offered were about the
same as for several weeks past. On Wednesday last and
also on the preceding Wednesday the Council, for some
reason best known to itself, decided that it would accept no
tender below Is. 3 29-32d. per rupee; and as the market did
not, and has not, for some time felt inclined to pay this
price, it virtually became impossible to sell drafts.
Were
it not, indeed, for the fact that an allotment of 10 lacs was
made in " specials," the Council might be said this week to
have done no business as far as the sale of drafts is concerned. It is under no necessity to sell drafts at the present
time, inasmuch as it can remit gold to London should it so
desire.
It is entitled to draw to a certain extent from the
Imperial Treasury on account of the service rendered by
India, mainly in China, and also the Council sales have
already realized for the financial year from the beginning of
April between 4^ and \% million sterling, which compares
with %y2 million sterling at the corresponding date twelve
months ago. At the same time, the policy of the Council in
fixing arbitrary prices every now and then below which it
will not accept any tenders, and after a time retreating from
is
trade,
that policy, naturally occasions more or less irritation.
To compare the Board of Trade returns for June last with
those of the same month in 190) is by no means easy, owing
to the fact that the figures both for the imports and exports.
THE CHKONICLE.
168
[Vol. LXXIlI.
The following shows the imports of cereal produce into the
were under the influence of the budget considerations. What
United Kingdom during the forty-five weeks of the season
is meant is this: In May large quantities of goods were taken
out of bond or exported abroad to avoid paying certain duties compared with previous seasons:
which were imposed by the Chancellor of tho Exchequer
IMPORTS.
when
raising an additional 11 millions by taxation. In June,
consequently, the falling off in these articles was naturally to
The actnal figures show that our imports
be expected.
amounted to €41,711,000, which is practically the same as
in June last year. In the case of the exports there is a
decline of nearly 9 per cent In value; but this is partly accounted for by a decline in prices, snch as a fall in the price
of coal, for example, and also to a lesser demand on foreign
account for new ships. The latter item, as your readers are
aware, has only lately been given in our Board of Trade
returns; and consequently it is difficult to gauge the significance of these figures for so short a period as a single month.
Probably the most satisfactory return, at any rate from
our point of view, is the large increase in our imports of
colonial wool, mainly from the new Commonwealth of Australia.
There is an increase of more than 60 per cent in
value and an increase of over 100 per cent in quantity. This
shows that at any rate there has been a partial recovery
from drought in our colonies, which are enabled to Bend so
much larger a quantity than they were a year ago. Moreover, it illustrates, too, the prosperous state of the clothworking industry in this country, showing that our people
are in a good position to buy woolen goods. From your
point of view, probably the most satisfactory feature of the
returns is the increase in our indebtedness to the United
States for wheat and flour and animals, such as cattle and
sheep, besides other articles of food, as well as raw cotton.
The following return shows the position of the Bank of
England, the Bank rate of disoount, the price of consols, &c
1901.
July
Circulation
Public deposits
Other deposits
Government securities
Other securities
deserve of notes and ooln
Coin & bul lion, both departm'ts
Prop.reserve to liabilities.. p.o.
Bank rate
percent.
Consols. 2M per oent
Silver
Clearing-House returns
The rates
July
10.
30,623,460
8,914,607
42,192.001
17.2H5.309
27,640,943
66,461
S7,304>11
36%
3
8
%
28 7-ldd.
46^
eU
106^
98
166,971,000
Bank
MC
as follows:
Trade
Bills.
Bills,
Joint Mi'tffi.
At
7-14
OaU.
Dayi
Stock
4
June
"
"
July
"
Months.
3
2%
2%
15 3
82 3
29 3
• 3
18 3
3
2&@2K
2^
The Bank rate
2%@3
2%@2H
2&@8
2H®iM
m
3Mos. iMos. Banks
6 Months.
4 Months.
@8^
3^@3M
3
3«
296
and open market
have been as follows:
of discount
chief Continental cities
July
July 12.
IK
IK
i«
i%
V4
3
3M
2%@3
3@8M
3 @3M
&u
2&@3 3X@$H
3
2&@3
June
5.
m
m
m
m
1%
IMS
1%
1H
1U.
1
1-3
rates at the
June
28.
1899-00.
1898-99.
1897-98.
,
Oats
19,572,700
2,155,430
1,546,940
P6M
Beans
Indian corn
Flour
48.22.4,800
20,024,700
16,260,100
2,286,910
1,447,7/0
49,288,400
18,653,000
12,909,920
2,017,660
1,843,770
48,181,860
19,534,205
12.900,390
2,096.495
2,201,760
46,650,700
17,828,970
Supplies available for consumption (exclusive of stocks on
September
1):
1900-01.
1899-00.
55,474,700
20.024,700 18,653,000
Salesof home-grown. 22, 215,066 29,266,422
1898-99.
55,295,050
19,534. Z05
31,166,045
55,403,110
17.828,970
22,766,633
102,317,466 103,394,122 105,995.295
85,988,713
vV beat Imported, owt. 60.077,700
Imports of flour
Total
Aver. price wheat, week. 27s.
Average price, season. 27b.
8d.
3d.
27s. lOd.
25b. lOd.
The following shows the quantities
25s.
26b.
1897-98.
7d.
3d.
36s. 100.
36a. 4d.
of wheat, flour
and
maize afloat to the United Kingdom:
Ttetweek.
qrs ..2,980,000
Wheat
. .
345,000
qrs...
1,030,000
Flour, equal to qrs.
Maize
Latl iceefc.
3.125,000
380,000
1,115,000
1899.
2.595,000
280,000
810,000
1900.
2,085,000
315,000
718,000
The British imports
since Jan. 1 have been as follows:
1900.
Difference.
Per Ot.
£
£
£
44,555,914
+1,431,602
+321
45,987,516
+5-49
37,644,808
+2,069,631
39,714,439
+3-16
45,002,184
40,426,056
+1,428,922
+8"6«
46,392,892
42,681,876
+3.711,016
— 3'30
43,876,427
-1,449,668
42,426,759
-'07
—805,269
42,016,307
41,711,038
1901.
Imports.
January
February
March
April
May
June
Sixmos
mm
262,506,790
The exports
255,656,999
since Jan.
1
+6,849,791
1900.
24,753,531
21,037,455
25,021,293
21,987,033
23,556,712
22,444,424
23,583,682
23,219,849
25,316,821
22,645,147
24,715,930
24,895,335
—295.528
—658,114
—1,159,218
-2,450,911
138,796,398
144,376,764
-5,580,366
April
May
June
The re-exports of foreign and
show the following contrast:
Re-exports.
January
February
March
April
May
June
+2-07
have been as follows:
1901.
Exports.
January
February
March
Sixmos
Interest allowed
for deposits by
Open Market Bate*.
<3
111 11-16
27
135,416,000
87 ll-l6d.
171,780,000
to
London.
13.
S
28,106.265
7,2; 8,369
46,877.856
18,791,630
33,463,178
26,040,872
86.8*6.62?
47 11-16
»2 15-16
S615-16d.
164,844. oou
Jul y
£
28,988.000
"',9W,947
40,29d,879
18,868,52a
32,979,602
20,c81,4f6
32,820.066
18,829.864
81,605.044
money have been
for
11,
i
80,610.180
8.839.8U5
42,078.896
20,870,636
29>O8.304
&M
1898.
1899.
July 12
1900.
1900-01.
lmp rtsofwheat,owt.60,077,700 55.474,700 55,295,050 55,403,110
Barley
18,357,300 14,073,300 21,159,443 18,324 204
Difference.
£
Per Ot.
+4*91
—939
— 1'16
—2-91
—470
—990
-3
80
colonial produce since Jan. 1
1901.
1900.
£
£
5,051,307
5,966,963
5,200,525
6,286,007
6,056,229
5,522,270
+1,169,849
—2,182,394
Difference.
£
5,482,465
5,575,325
5,666,338
5,860,547
5,394,462
5,441,884
-431,158
+390,963
—465,813
+425,460
+661,767
+80,386
Per OU
—7-84
+7-13
—820
+7-25
+11-1
—1-04
+1-09
+661,605
34,082,626
33,421,021
Sixmos
Note.—The aggregate figures are official. They indioate that slight
adjustments have been made in the monthly returns as issued.
21.
Rates of
Interest at
Bank
Bate.
Madrid
Copenhagen
.
Open
Market
Bank
Bate.
Bate.
3
2
3
2
3
\%
3K
3K
3K
3
3
3
3M
3«
3M
3
3
3%
3«
354
SH
3%
3%
3V£
3
3
4
2M
2%
3H
3
3
4
3
2%
2%
3K
3K
5%
3K
6
5
nom.
m
3
3H
3%
3
3
4
2%
3%
English Financial Markets— Per Cable.
Open
Market
2
6
.
Bank
3
5K
8K
St. Petersburg..
Open Bank
Open
Market Bate. Market
3
4
5%"
The daily closing quotations for securities, etc. at London
by cable as follows for the week ending July 26.
,
are reported
London.
m
Silver,
Sat.
per ounce
d.
Consols., new.2% p.ets.
For account
nom.
3«
3*
3%
3«
3K
Anaoonda Mining
6
5
5
6
5
Atoh. Top.
nom.
Spanish 4s
9*8
& Santa Fe.. 77%
99%
Preferred
99%
Baltimore & Ohio
Messrs. Pixley& Abell write as follows under date of July 11
Gold.— The demand for Austria and Germany still absorbs arrivals,
there have been no transactions with the Bank with the exception of
£7,000 withdrawn for Brazil. For the week— Arrivals: Bombay,
£116,000; Australia, £17,000; total, £133,000. Shipments— Bombay,
coin, £1.000; Colnmbo, coin, £5,000; total, £6,000. F r month of
June— Arrivals Germany, £26,000; Belgium, £19,000; Portugal,
£16,000; Spain, £11,000; Egypt, £131.000; China. £65,00f; West
106%
Canadian Paoifio
46%
Chesapeake & Ohio
Chioa. Great Western.. 24
Ohio. Mil. & 8t. Paul... 167
Den. &Rio Gr.,com... 43»4
do Preferred. 95%
Do
Indies,
Brie,
:
£59,000; India, £105,000; Australia and New Zealand,
£554,000; total, £986,000. Shipments -France, £27,000; Brazil,
£13,000; South Africa, £200,000; total. £240,000.
Silver.— With dearer money in New York, and only a limited inquiry
from India and the Straits, the market has gradually dropped until
26'6 lt d. was touched; at this level we are a little steadier on the
news of 30,000 Kilos being reauired for the French Government.
Price in India 69. For the week— Arrivals
UnUed States American,
£87,000. Shipments— Bombay, £167,50C; Calcutta, £15,00o; total,
Holland. £18,000; United
£182,500. For month of June— Arrivals
South America, £43,000; Australia,
States America, £617,000;
£13,000; total, £691,000. Shipments-Russia, £3,000; Germany,
£8,000; West Africa, £20,000; South Africa, £22,000; India, £555,08,000.
000; total,
Mexican Dollars.— There is no business to report in these coin.
The quotations for bullion are reported as follows:
:
:
£
Gold.
July
July
London Standard.
11.
4.
s.
Bar gold,
fine
oz.
77
U. 8. gold coin., .oz. 76
Germ'n gold ooin.oz. 76
French gold ooin.oz. 76
Japanese yen
Nominal.
oz.
d.
9%
4
5
5
76 4
«.
Silver.
London Standard.
d.
77 9k Bar silver, fine. oz.
76 4
Do 2 mo. delivery
Bar silver, oontain'g
76 5
do 5 grs. gold.oz.
76 5
do 4 grs. gold.oz.
76 4
do 3 grs. gold.oz.
. .
July July
11.
4.
d.
d.
261Bi,
27
27
271 16
277 18
27%
27%
276 16
27
273,
a
Cake silver
oz. 291,* 29i«
Mexican dollars. oz. -26B8 26%*
95%
Preferred
common
1st preferred
2d preferred...
Illinois Central
Louisville & Nashville-
Mexican Central
Mexican N ational
Mo. Kan. A Tex., com..
& Western...
do
pref.
Northern Paoiflc, pref.
52%
152%
104*
25
Do
Do
preferred
Deb.
"B"
•Price per share.
,
162
41%
95
50%
151%
103
24
9%
97
94
105
45
23
23%
162%
41%
163%
41%
48%
150**
103%
24
9
92
36%
66%
50%
151
103
24
9%
26%
153%
49%
91%
47%
91%
47%
91%
99
99
73
99
73
19%
38%
25%
55%
19%
38%
25%
57%
2958
29^8
30
85%
102%
90%
40 H
90%
85%
85%
101 "8
895s
1025a
98
40*
.,
46
23
73
96%
154%
31%
48%
91%
91
pref.
95%
104%
8 8
25%
54%
30%
86%
106%
Preferred
U. 8. Steel Corp., com.
98*8
73%
96%
96%
93%
104%
45%
1
26
56
57*8
Union Pacific
S7%
9078
21
40%
63%
-73%
19%
38%
25%
55%
20
39
63
32
40
90
20
39
62%
TKurt.
Wed.
9%
27%
57%
39
26
*Phila.& Read., 2d pref
Southern Pacific
siouth'n Railway, oom.
Preferred
9
75*8
« 78
ee
2038
do
92»
1638
*Fhila. A Read
•Phlla. & Read, ,1st pref
abash
92%
92%
68
74
Do
27
92»i a
92%
36%
Pennsylvania
t
27
36
Preferred.
Y. Cent'l & Hudson.. 155
N. Y. Ontario & West'n 328s
Do
26%
9216 U
92]6 I6
38%
BT.
Norfolk
Tut*.
0067% 10060 0052% 0057
70
703g
70%
703s
Fr'ch rentes (in Paris) fr
nom.
26i3 ie
93
93
Hon.
55
153
32
90%
40%
90%
21
40
63
*)
Fri
July
THE CHRONICLE.
27, 1901.]
©ommcvctalaud ^XisccllmxtausMcxoB
National Banks. —The following Information regarding
is from the Treasury Department.
national banks
NATIONAL BANKS ORGANIZED.
Certificates Issued July 16 to 20.
5,904— The Davis National Bank of Seymour, TexaH. Capital. $50,000.
OsoarM. Love, President; Kofot. B. FowlkiH, Canhler.
5,905—The First National Bank of Anadarko, Oklahoma Territory.
Capital, $25,000. TIiob F. Woodard, President; J. N. Dee
Combes, Cashier.
5,906— The First National Bank of Payette, Idaho. Capital, $25,000.
George V. LelKhton, President; Patrick A. Devers, Cashier.
8,907— The First National Bank of Argyle, Minnesota. Capital,
$i5.000. f. F. Thompson, President; N. S. Hegnes, (limhler.
5.80S— The First National Bank of Houston, Pennsylvania. Capital,
.Cashier.
$25,000. W. B. Houston, President;
5,909—The Dothan National Bank, Dothan, Alabama, Capital,
$50,000.
Cashier.
K. Falrcloth, President; J. Lillian Crawford,
Conversion of the Bank of Dothan, Alabama.
Jafe.
CORPORATE EXISTENCE OF NATIONAL BANKS EXTENDED.
2,547— The Denton National Bank, Denton, Maryland,
until close of
business July 15, 1921.
•-',543-The First National Bank of Valley City, North Dakota, UDtil
olose of business July 16, 1921.
2,550-The First National Bank of Qulnoy, Miohlgan, until olose of
business July 18, 1921.
2,545— The First National Bank of Poultney, Vermont, until close of
bnsiness July 19, 1921.
Imposts and Exports foe the
Week.— The
following are
the imports at New York for the week ending for dry goods
Jnly 18 and for the week ending for general merchandise
July 19; also totals sinoe beginning first week January.
liOVERNMKNT ItEVENUK AND EXPENDITURES.— Through the
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
and disbursements for the month of June.
receipts
From previous returns we obtain the figures for previous
1901, see
CHRONICLE,
1900, see
July
"5
1- -T >
t>
CO
—
m i-<o&
OOOXi
c
?a
^
<
3
A
w »+-
Dry Goods
Gen'l mer'dlse
Total
Since Jan.
$1,973,496
6,528,522
*2,312,226
9,058,651
$1,914,846
7,145.795
$8,502,018
$11,370,877
$9,060,641
$7,000,552
1
Dry Goods
Gen'l mer'dlse
$69,784,510
241,808,267
$58,432,132
256,278,119
$57,999,148
235,577,411
$53,800,500
193,251,695
The imports of dry goods
for one
week
O
ft.
EXPORTS FROM NEW TORK FOR THE WEEK.
a
c-
l-
•>
00 00 0%
**OJ 9
00>O CO c
a
a
<c«o
-.»»
oc
J»
«(.wot£
OB CD 00?
CX
1899.
— OC
Ml
OOOCX
CX
*
oo
Prev. reported
*9,799,711
282,263,609
$13,818,165
292,066,594
1
|
1
I
OS
o*
-#
ao
to
— coo
HOI
— e-o
00 3D
CI
^t^t^O)
oo"»a
WCX
•.ioiooi
a&r-e*
H«
1
1
1
• C-0X
«ot*n
Ml
or
O
CO
CO
CD
Ot
c-
0»<O
O JO
—
c
com
HR
OOO
CRCSW
ie
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a
data.
riM
Tf
«ne
ootoie
a
CC
COOl
a
i-tm
a
l>0«CD
a>cor-
a
ceaoo
...
1
•-•
:
:
•
|
:
:
Total 29 weeks $292,063,320 $305,884,759 8253,270,587 $269,592,756
Note.— As the figures of exports as reported by the New York
Custom House from week to week frequently show divergence from
the monthly totals, also compiled by the Custom House, we shall from
time to time adjust the totals by adding to or deducting from the
amount "previously reported."
The following table shows the exports and imports
ipeoie at the port of New York for the week ending July
and sinoe Jan. 1, 1901, and for the corresponding periods
1900 and 1899.
EXPORTS AND IMPORTS OF SPECIE AT NEW TORS.
of
20
In
Importt.
Gold.
Week.
&
West Indies
Mexioo
South America
Week.
42.350
16,303
9,521
9,992
587,232
205,978
424,846
56,444
S29.410 $29,178,925
2,170,389 29,638.105
2,475 25,274,901
$78,166
24,620
102,749
$1,478,708
1,476,325
8,057,157
29,110
Week.
Germany
West Indies
Mexioo
South America
All other oountrles.
Total 1901
Total 1900
Total 1899
X.
204,208
o
o
< :s
a
:5
o
•£ =
•a
2
:°i
w
u c
.
j>
Imports.
SinceJan.X.
$831,000 $27,454,951
105,000
697,495
236,517
21,250
1,016
2,491
$947,750 $28,415,940
953,615 28,180,592
905,835 27,318,362
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1901
:i Deducted from February, "Miscellaneous"
Received on account of Central Pacific Indebtedness
* Deducted from March, "Miscellaneous" 1901
Received on account of Central Pacific Indebtedness
t Deducted from June, "Miscellaneous" 1901
Received from sale of claim against Sioux City & Pacific
t Deducted from February, "Miscellaneous" 1900
Received on account Central Pacific indebtedness
)
go 95 g 317 g;
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S
To make the figures conform to the Government statement, the amount mentioned in above foot-note should be
added to the Receipts as indicated therein. We have deducted this item, as it does not belong to the regular income
account, and if included would disturb the comparison with
former and future vears.
Treasury Currency Holdings.—The following compilabased on official Government statements, indicates the
currency holdings of the Treasury on the 1st of April,
May, June and July, 1901. For statement for corresponding
dates last year see Chronicle of July 21, 1900, page 118.
TREASURY NET HOLDING8.
jlpr.1,1901.
Holdings In Sub.Trea$uriet«rold coin and bullion
249.04 8,(544
Netsllver coin andbullion
17.864,580
Net U.S. Treasury notes
152,768
Netlegal-tender notes
9,791,686
Net national bank notes..
8,845,970
Vet fractional silver
9.016.799
Aet
,
Week.
$
Since Jan. X.
406
$25,183
3,883
223
145,351
1,481,327
366,259
21,055
$60,640
102,320
98,212
$2,043,281
2,287,848
2,105,312
2,220
11,750
e
o
—
*
uCaXOCACQ
occo>o*c-
99
«-
O-X
X
wX
Ow
wOB ox
OCD *cx
tion,
Exports.
Franoe...
Since J an.
$1,764,851
18,209,788
7,384,567
652,796
38,668
29,255
1,099,000
All other oountrles
Total 1901.
Total 1900.
Total 1899.
Since Jan.\,
*
•
• 03
$7,554,808
262,037,948
— ocpooo
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w
•
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Franoe
German;
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ir
1
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WCCJOJ
ww *
— CX
<=>
For the week.
CD CO CD
+
C>
*»'-.°."
* —
HM
j
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OS
1900.
o:< co
—1«
uo«
coot-
"<l
S
1901.
l-OD JO
<o
&3
3
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 22, and from January 1 to date.
CC
&
oea
*-
01
OCX.—
ao
S
<
i-l
CO
a
a
.a
z.
0»?1
later will be found
in
a
CX,
r.f«
*->
Total 29 weeks 1-314,710,251 $311,592,777 $293,576,559 $246,552,195
COI-CO
«<•
—
CO
eo>4
$1,624,464
5,376,088
co* n
•*
j.
-
*r
«
919; for that of June,
117.
AND DISBURSEMENTS (000
ceo:i
— o
•a
»ova
1898.
1899.
«
aoo-a
«S
ft
1900.
£
1
•T.Tfl
I
A
a
%
O
>
Im
CMOS
~-
i
•*
:J
page
11, 1901,
page
SOD —
O
- CJO0
— UQ K» CO
O
Co «j
m
eo a. co
cs
« at
a
l
-M
o—o
55
ft
May
21, 1900,
KHOHll'TS
i
1901.
in that manner complete the statement for the
years 1900-1901 and 1899-1900. For statt meat of April,
months, and
tiBcal
FOREIGN IMPORTS.
For week.
Kiij
4,509
53.914
1,811
Cash in Sub-Treasuries...
..294 618.885
Mayl.1001 June 1. 1901. Julyl.
246,767,063
17,487,774
84,903
9.070.898
7.0.MH.975
9.829,207
844.4H2.246
21,480,810
1901.
848.805.7H4
10(3,718
26.4
242.75;>
18.197.H34
H.840,741
10.5d3.102
8.615.085
10.790.2J8
14.2H.003
290.27N810 2P6.961.249 307,81-0.800
101,760.8*5
101.410.974
Cash In banks cYsub-treas. 892,267, 922 888.60 1.888 398.711,474
lladuct current liabilities*... 83.824,400 82,107,430 88.373,005
40J.307.5-4
Amount in
national banks..
Gold reserve fund.
•
.
97,649,637
98,S22,f2S
82,474,14.'
808,443.622 308,494,238 312.338.4*9 326.83S.125
..160,000.000 150.000,000 160.000.000 160.000.000
Available cash balance.
158,443.522 156.494,808
"Chiefly disbursing officers' bulauces."
16^,838.468
176.883.125
Of the above imports for the week in 1901, $47,445 were
Coinage by United States Mints.—The following stateAmerican gold coin and $4,845 American silver coin. Of the ment, kindly furnished us by the Director of the Mint, shows
exports during the same time $29,410 were American gold the coinage at the mints of the United States dui ing June
coin and $11,750 were American silver coin.
and the six months of 1901. For statement ot May, 1901,
THE CHRONICLE.
170
see Chronicle of June 15, 1901,
1900, see July 21, 1900, page 118.
page
1172;
of June
that
week ending July
We omit two
Value.
Piece*.
9
13
426,261
337,016
32
Double eagles
Bagles
260
4,262,610
1,685,080
0,948,030
Half dollars
Quarter dollars
ICO
3,382,400
Total sliver
2,836,185
One-cent bronze
668
6,394,758 62,300,683
34,685,794 16,810,931
494,251
293,081
9,885,013
74,312
71,772 2S ,308, 143
1,486,231
7,177,243
Five-oent niokel
267
2,562,100 12,406,450 12,406,450
2.766,450 1,383,225
138,050
7,133,114 1,783,278
136,025
10 12,379,760 1,237.978
2,562,100
276,100
544,100
Dollars
9
978.491 19,569,820
3,130.039 31,300,390
2,285,961 11,429,805
80
763,323
Valu:
Piece*.
(
(OOi omitted.)
Denomination*.
146,084
12,809,136
8,930,299
787,332
39,193,156
80,273,708 79,898,946
ml canes
Sur- Loans i
api-
piui.
tal.
Leg. T.
AB'k.
ments.
Notes. Agent. IlksJu.
T
Borough o]
Manhattan,
I
Colonial
Eleventh Ward...
Fourteenth Street
Oansevoort
Hamilton
Moant Morris
138,8
208,3
123,0
142,1
103.0
48,6
62,7
78,4
94.3
83,0
102,6
128,7
185,0
60,2
118,0
149.0
1174,1
72,9 1830,0
21,7 1364.8
8,7
92,6
100,3 1490,0
57,1 2369,4 141,6
26,6
151,1 1404,7
21,9
136,8 1411.0,
213,8 2575,0: 178.0
9,2
125,1
912,6
273,6 3509.0 286,0
32,2 1300,0
25,0
46,0
74,9 1027,3
64,2
363,6 2206,6
209,1 1541,3
66,3
688,4
10,7
26,4
449,0
11,1
94,6
928,4
8.1
63,6
4.2
622,0
51,9
63,9
165,9
8.1
»,4
77,0
714,9
150,0
100,0
Brooklyn
300,0
Eighth Ward
100,0
Fifth Avenue
100,0
Kings County
150,0
Manufaofrs' Nat'l. 262,0
Mechanics
500,0
Meoh's' <fe Traders 100,0
Merchants'
100,0
Nassau National.. 300,0
National City
300,0
North Side
100,0
Peop es
100,0
Seventeenth Ward 100,0
SpragueNatlonal.
200,0
Twenty. sixth W'd. 100,0
Union
100,0
Wallabout
100,0
1847,6
16,6
1647,2
16,8
1117.1
68,5
386,9
13,8
37,4
715,1
85,0
70,6
714,7
64,4
36,6
603,6 2942.8 312.0
366,1 3877,9 181,9
976,6
18,1
185,8
703,1
20,7
6,0
643,2 3620.0 190,0
30US.0
572,2
139,0
921,6
12,0
142,0
945,7
30.7
132,7
663.4
8,6
72,8
235,8 1166,1 101,1
518.9
9,3
56,8
624,6
30,8
64,4
793,1
37,9
55,5
91,1
135,5
38,1
25,7
27,0
26.4
180.8
200.5
82,0
40,8
320,0
255,0
577.7
738,6
13.2
48,4
28,8
10,0
4893,2
2061,0
1267,4
967,4
2117,6
827,0
239,6
223.0
60,3
Mutual
,
Nineteenth Ward.
Plata
Riverside
,
8Ute
Twelfth Ward
Twenty-third W'd.
Union Hquare
Yorkville
Washington
Fidelity
Jefferson.
Century
Domestic Ex. Nat.
>
t
85,7
183.0
68.0
£5,4
1673.1
2796,0
200,0
200,0
250,o
200,0
200,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0
200,0
100,0
200,0
100,0
300,0
100,0
Net
Other OevosiU
Clear' q
•
100,0
800,0
100,0
Columbia
Deposit, with
Invest- Specie
N«W YOBK CITT
Varlck
8,663,474
based on averages of the daily result.
20,
ciphers S0Q ) in
BANKS.
Six Month* 1901.
June, 1901.
[Vol. LXXIll.
228,2
232.0
156.6
207,3
128,7
115,4
234,3
208.4
295,6
1870,0
3.0
29890
26,0
56,1
1329.7
1474.2
1407,8
1682.2
2921,9
1505,1
1877.9
2608,0
1181.2
8926.0
1781,0
1164.6
2679 4
1630.2
640,1
860,5
978.3
677.2
45,0
432,8
125,5
1497,8
1722,5
1096,6
848,2
667,2
711,6
3395,9
4390.4
927,0
709,3
4012,0
2432,0
878.7
969,1
536,0
1123,0
0.6
5,0
62,0
60,1
221,6
58.8
138,0
102,1
140,0
8P,i)
498
70,0
279,5
127,3
238,3
88,9
20,0
38.3
25.2
69,3
51,1
21.8
50,1
27.2
110,0
111,3
48,8
84,7
6,1
6,0
"4.5
74,6
Boro'h of Brooklyn
Stock of Monet in Country.— The following table
shows the general stock of money in the country as well as
the holdings by the Treasury, and the amount in circulation
on the dates given.
7he statement for June 1 uill be
found in the Chronicle of June 22, page 1221.
rStock of Money July
l,->
-Money in Circulation.-*
1901.
In the United
+ Held in
Trrasury.
$
Gold coin (tncbul'n in Treas.) 1,124,7*9,261 248,805,794
States.
$
•Gold certificates
Standard silver dollars
Silver certificates
620.062,637
.....
eo,49n,2«9
17,788,000
346.t81.016
Subsidiary silver
Treasury nott-s of 1890
United States notes
Curr'cy cert Act June 8,
National ban k notes
,
Total
July
July
1,
1901.
t
630.4U ,728
246,715,739
28,883,906
6ti.687.893
10.790,201
242,766
14.21S.Ol 3
429,640,738
7»,7i r,0 8
47,640,245
332,10^,013
8,615,686
845.205,836
'72
353.82 1 ,602
1,
1900.
t
614,918,991
2tO,5.'5,46H
66,42i*,47H
40S.499.847
7rt,294,' 50
76,*47,4t7
316,014.114
8,706,000
300,161,662
2,483,667,606 3C6,301,S25 2,177,266,280 2,06?,42&,496
Population of the United States July
1,
1901, estimated at 77,764,000; circu-
lation per capita, 128.
* For redemption of outstanding certificates an exact equivalent in amount
of the appropriate kinds of money is held in the Treasury, and is not included
n the account of money held as assets of the Government.
+ Tnts statement of money held in the Treasury as assets of the Government does not include deposits of public money in national bank depositaries to the credit of the Treasurer of the United States, and amounting to
196,681.115 59.
Bedford
Broadway
.
Borough of
Richmond.
Sank of Staten Isl
UtNat.,8tatenIsl
117,8
179,9
163,8
60,8
25,0
100,0
Other Cities.
I ft Nat., Jer. City. 400,0
Had. Co. Nat., J.O. 260,0
2d Nat., Jer. City.
260,0
8dNat., Jer. City.. 200,0
1st Nat., Hoboken. 110,0
2d Nat., Hoboken. 125,0
86,0
906,4
570,4
320,6
241,8
456,8
109,2
51,1
42,3
39,1
10,0
25,6
81,9
30,2
68,4
73,2
34,7
110,9
81,0
13,9
64,3
20,9
35,8
183,2
248,6
124,2
Ti.'o
51,3
64.8
67,2
308,8
307,6
96,7
51,8
581,0
4C5.0
66,9
49.8
1.0
18,7
30,9
10,0
9.1
52,0
101,0
79,0
84,0
to,
52,1
272.0
66,5
59,8
67.4
25.0
2,9
79.4
34,2
83,0
30,0
681.7
764,6
330,0
78,8
23,4
6423,0
1742.3
1172,9
1139.2
1807,4
4.4
798,2
51-. V.
732,9
810,7
148,8
851,6
206,7
224,3
271,1
117,4
68,0
117,*6
Totals July 20.. 8262,0 9017,171453,6 3218,1 4158,6 7880.7 1996,3 78884,8
Torais July 18.. 8262,0 9017,1 72498,8 3385,9 4572.0 8472,1 2328,4179742,5
Totals June 6 8262,0 9017,1 72714,lj3248,8 4201,61 8609,7: 2667,4179874,8
. .
New York City Clearing' House Banks.— Statement of
condition forthe week ending July 20, based on average of
daily results.
We omit two ciphers (00) in all eases.
BANKS
Bunk
Capital. Surplus.
$
of
N. Y...
Manhattan
Co...
Merchants'
Meohanlos'
America.. .......
Phenix
City
Chemical
Merchants' Ex..
Gallatin
Butoh.<fc Drov's
Mech.<fc Traders
Greenwich
Leather M'f'rs..
State of N. Y....
American Exoh
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham .........
People's
North America
Hanover
Irving
Citizens'
Nassau
Market A Fulton
Shoe & Leather.
Corn Exohange..
Oriental
Imp't'rs'&Trad
Park
East River
Fourth
Central
Second
Ninth
First
N.Y.Nat'lExch.
Bowery
N. Y. County....
German Ameri..
Chase
Fifth AveDT:e...
German Exoh...
Germanla
Lincoln
Garfield
Firth
Bank of Metrop.
West Side
Seaboard.
Western
1st Nat., B'kiyn.
Liberty
N. Y. Prod. Ex..
New Amsterdam
ABtor.
Hide <k Leather.
Total.
2,000,0
2,060,0
2,000,0
2,000,0
1,600,0
1,000,0
10,000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
1,200,0
6,000,0
10,000,0
1,000,0
1,000,0
422,7
1,600,0
460,0
200,0
1,000,0
3,000,0
600,0
600,0
600,0
900,0
1,000,0
1,400,0
300,0
1,600,0
2,000,0
260,0
3,000,0
1,000,0
300,0
760,0
500,0
300,0
260,0
200,0
760,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
200,0
300,0
200,0
600,0
2,100,0
300,0
600,0
1,000,0
260,0
360,0
600,0
Loans.
Specie
$
2,094,1 17,820,0 2,858,0
2,192,4 21,810,0 6,996,0
1,121,8 13,121,5 2,844,1
2,313,3 14,004,0 2,891,0
3,153,1 20,070,4 8,548,8
248,1
4,724,0
839,0
6,160,1 108,652,1 27.250,1
6,997,3 23,826,5 4,217,6
909,2
236,1
4,466,0
1,932,0 10,336,1 2,768,9
1,136,0
291,3
72,1
126,5
2,522,0
330,0
1,064,4
120,4
178,3
502,1
939,6
4,535.4
526,9
4,690,8 1,000,1
3,186,9 29,414,0 6,653,0
6,940,1 72,701,3 8,833,6
961,3
1,613,2
6,975,2
1,333,6 14,004,6 2.189,9
234,4
603,6
2,866,3
1,223,8 17,420,4 3,013,7
712,3
994,6
6,254,2
211,4
2,192,6
349,7
927,8 11,636,1 2,044,6
5,379,8 46,751,6 12,207,0
4,341,0
670,6
461,6
720,4
389,8
8,098,8
2,713,6
438,5
280,9
767,2
5,861,3
1,101,6
219,0
3,772.4
916,9
20,244,0
3,861.0
1,763,8
-2,136,0
412,6
197,0
6,089,6 24,308,0 3,816,0
3,727,4 51,066,0 11.490,0
188,8
166,6
1,335,3
2,631,1 25,162,9 8,817,0
626,2 10,092,0 1,906,0
942,6
9,609,0 1,808,0
489,1
2,357,7
80,0
9,616,1 46,516,1 12,067,3
627,3
118,6
3,489,4
729,2
390,0
3,110,0
474,1
760,0
3,940,6
396,6
647.4
3,617,9
2,442,6 41,468,6 12,907,3
1,362,3
9,722,8 2,752,5
582,5
224,6
2,220,0
837,2
413,9
2.898,3
957,6 13,687,0 2,041,0
1,119,8
7,260,1 1,469,8
362,9
467,9
2,136,4
1,076,3
7,743,0 1,260,0
446,1
402,0
2,678,0
884,6 13,144,0 2,734,0
2,148,1 35,405,9 7,747,1
514,8
4,682,0
428,0
680,2
7,065,2 1,278,6
402,8
4,480,3
782,4
547,1
6,811,9
792,3
339,3
4,320,0
929,6
343,2
2,809,8
484,3
Legali
Deposits
Reserve
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
Banks.
Capital A
Surplus.
Loans.
Specie.
Legale.
Deposits.j
N. \.»
9
9
$
1723116
1698641
1723127
1775018
$
9
$
$
P.O.
June
1,779,0
2,190,0
17,620,0
27,806,0
16,236,4
15,036,0
23,327,3
4,652,0
123,217,0
23,609,0
4,999,6
9,994,6
1,272,2
2,888,0
1,002,7
4,507,3
4,859,6
26,350,0
64,424,3
6,227,4
14,899,8
3,660,8
18,236,8
6,484,6
2,782,8
12,266,7
66,020,9
4,643,0
8,578,1
3,108,7
6,190,1
4,884,3
28.860,0
2,084,0
22,335,0
62,209,0
1,513.2
27,822,3
12,819,0
10,648,0
2,679,0
48,178,1
3,740,6
3,537.0
4,649,6
3,476,1
62,208,6
11,228,6
3,250,3
4,564,9
16,982,3
7,227,3
2,814,8
8,478,6
3,019,0
16,466,0
41,421,6
4,966,0
7,131,8
4,475,1
7,849,8
4,291,0
2,146,1
263
July
33-0
28-5
25 7
"
l,7fc-8,8
979,0
2,886,9
386,0
7,001,5
2.278,6
456,1
826,6
60,3
242,0
180,2
236,1
301,8
2,077.0
7,382,8
361,7
1,672,6
688,6
1.510,2
986.3
422.7
1,262,6
5,942,2
621,7
204,1
298,0
879,3
272,4
2,109,0
318,0
1,475,0
4,017,0
209,7
3,346,8
1,469,0
919,0
251,4
2,436,1
341,4
5:58.0
375,0
259,1
2,135,7
188,6
703,6
600,5
1,713,3
262,7
133,9
666,1
888,0
1,982,0
2.632,4
916,0
625.0
379,6
1,003,8
137,5
97,9
"
29..
169,080,1
169,080,1
13.. 169.080,1
20. 169,080,1
6..
July
27 6
Phlla.*
July 6.
22 5
24-8
28-1
227
269
324
256
258
23-6
266
271
249
24'7
236
249
263
262
283
25-8
79,018,1
76,668,7
77.395,2
78,318,9
9
9
30,535.8(15168571
30,578,8 [11356004
971,382,0
965.285,1
947,594,1
930,145,8
30.829.5 16911465
30,710,1 15820065
7,842,0 221,993,0
8,450.0 219,212,0
8,696,0 214,681,0
6,138,0 133.498,8
6,136.0 148.836,e
6,097,0 148,826,3
Bob.*
276
263
278
273
359
276
198
800
260
268
331
251
253
257
892,381,8
889,468,9
868,465.4
858,198,5
Circ'I'n. Clearings.
"
"
6..
13..
20.
57,632,0 197,280,0 15,878,0
57,632,9 197,028,0 16,042.0
57,632,9 194,726,0 15,324,0
206,706,0 0,825,0 95,674,5
38,715,3 176,625,0
54,682,0
205,534,0 9,847,0 104,265,3
38,716,3 174,487,0
63,124,0
203.535,0 9,814,0 108.318.6
38,715,3 174,088,0
62,696,0
* We omit two ciphers in all these figures.
+ Including for Boston and Philadelphia the item " due to other banks.
"
«'
13..
20..
1
Anction Sales.— Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. Muller
Son.
&
Slocks.
Slocks.
23 First Nat. Bank of Paterson,
N.J
9 Nat.Bk. of the Republio.60O
100 B'kiyn Wharf Trans. Co. 10
Bonds.
$14,000 Rochester Gas &
450
14 Mechanios'Bk.of B'klyn.215
1 Memb'p N. Y. Produce
Exch. (all dues paid). .$180
2 Memb'p N. Y. Prod Ex c.
(all asses'ts paid). $15 1-156
4 Central Trust Co.. 1925-1950
100 Amer. Brew'g Co., N. Y. 30
1 Chemical Nat. Bank. ..4060
3 Bank of Manhattan Co.,333 1*
65 Hanover Nat. Barik
700
50 Home Insurance Co
300
60 Ninth Nat. Bank
80
11 Twenty third Ward Bk..l40
276
301
259
Elec. Co. con. os,'12.
M&N.105
$3,000 Fulton St. RR. Co.
95
I8t4s, 1995
$40,000 Fisheries Co. 1st 6s,
1905,
J&J
60
$3,000 Judge Co. purchase
mon, 4s, Class A. '09, J&P. 40
$5,000 Atlantic Mut. Ins.Co.
6% scrip of 1901....105ia&int.
$9,200 Securities Co. 4 p. c.
91-9 1 *2
registered consols
jBaukiua and
Ifitraujcial.
21-1
241
260
288
26-1
28-6
22'2
234
238
259
227
Spencer
27
286
250
270
258
22-8
248
& 29 PINE STREET,
-
Co.,
NEW YOBK
-
INVESTMENT SECURITIESBranch
67
Members N. Y Stock Exchange.
Office,
Moffat
73,722,7 95,367,4 856,198,6 1775018 78,313,9 939,145,8 27"3
State
St..
Albany
Alexander M. White
George Barclay Moffat.
27-1
Reports of Non Member Banks.— The following is the
statement of oondition of the non-member banks for the
-
&
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
26-1
25-2
Trask
BANKERS,
&
White,
J]
BANKERS,
...
Members New York Stock Exchange,
No.
1
NASSAU STREET,
NEW YORK
INVESTMENT SECURITIES.
July
THE CHRONICLE
27, 1901.
171
buying par, filing % premium; New Orleans, bank,
premium; commercial, $1 00 discount Chicago, 80
per $100 premium.
81
Louis, par; San Franoisa
tee of leading bankers follow;
$1 00
un;
;
U
V
1
I I>
prof
com
Norfolk .^ Western, pref
Lake Erie
Pittsburg
Street Kuilwnys.
Cin. Newport <S Covington (quar.)
Denvei CuyTramway (quar.)
Grand Rapids (Mich.) Ry., pref. (quar.)
Harrlsbuj g (Pa.) Tract ion
—
Light, pref. (quae).
NewtmiviUc A Watertown (.Mass.)
Union st.. Now Bedford, Mass. (quar.)
Chicago, guar, (quar.)
Kaolin.
Lincoln National (quar.)
-t
-
1
bird
O.I
8
A.ng
'J
Aug
Aug
Aug
14 Aug
94 Aug
lHi Aug
Aug
Aug
14 Aug
1
.'
Aug
10
American Shipbuilding,
prof. (quar.)..
pref. (quar.)
Casein Co. of America,
Central Fireworks, com
pref
do
do
Chicago Edison (quar.)
Colorado Fuel & Iron, pref
Hudson River Telephone (quar.)
Jefferson & Clearfield Coal & Iron, pf
Municipal Gas, Albany, N. Y. (quar.)..
England Telep.
&
Teleg. (quar.).
Water, 1st pref
do
do 2d pref
Pressed Steel Car, com. (quar. )
do
do pref. (quar.)
do
Pullman Company (quar.)
Washington (D.C.) Oas Light
Prime bankers' sterling Mils on Loudon. 4 8fi
4
Prime oommeroJal
rclul
4 M3 a4
Documentary
6 18*«
I'aris bankers' (Fnmctl
40
Amsterdam (guilders) bankers
1
i 34
2
1
34
2
1
14
2^
1%
2^2
2ia
1
1
134
2
(guar.)..
2ia1
I,,
\n. 18
8
Sep
1
|
tO
to
]
2 V.UE 17
to
IB Holders of reo.
16 Holders ot
o.
Id Lug 2
to
Ki Auu 2
to
1
Holders of reo.
i
J'ly 87
i
,
26
Holders
1
1
1
Jly 27
Aug
to
1
J'ly
26
1
Jly
'20
1 J'ly
28
to
to
to
J'ly 21
J'ly 20
to
to
1
1
16
Jiy
U, J'ly
Aug
Aug lOlAug
Aug Id Aug
Aug 10 Aug
Aug 1 J'ly 26
Aug 21 J'ly 31
Aug 1 J'ly 21
Aug 15 Holders
Aug 1 J'ly 26
Aug 15 Aug 1
Aug 10 Holders
Aug 10 Holders
Aug 29 Aug 9
Aug 22 Aug 2
Aug 15 Aug 2
Aug llJ'ly 16
J'ly 81
J'ly 81
Aug 1
to
to
to
to
J'ly 26
Aug
9
to
Aug 1
Aug 21
Aug 2
to
to
to
1
of rec.
to
to
of reo.
of reo.
to
to
to
to
Aug 1
Aug 14
Aug 1
Aug 1
Aug 28
Aug 21
Aug 15
Aug 1
WALL. STREET. FRIDAY. JULY 26, 1901.-5 P. M.
The Money Market and Financial Situation.—The feeling
of uncertainty regarding the
crop prospect, the labor situation and the money market is less acute than of late, and
as a consequence the prevailing sentiment in Wall Street is
of a more hopeful character. The security markets have
responded to the better feeling and although the volume of
business is relatively small, prices are slowly recovering
from the late depression. No doubt the corn crop has suffered considerable loss, but in some sections the drought
has been broken and no further damage is likely to accrue.
Moreover, it seems to be pretty well established that professional operators in both the stock and grain markets
have grossly misrepresented the facts, and therefore it is
As
difficult to form an estimate of the probable damage.
to the labor difficulties, the leader of the movement seems
to be losing his hold upon the situation and the men, and
the strike is likely to prove a failure.
The money market has grown easier during the week, and
rates are the lowest quoted for some time past.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to 3 per cent. To-day's rates on call were 2 to 3 per
cent. Prime commercial paper quoted at 4% to 5 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £76.884 and the percentage of reserve to liabilities was 50*33, against 46*45 last
week; the discount rate remains unchanged at 3 per cent.
The Bank of France shows an increase of 16,275,000 francs
in gold and 1,875,000 francs in silver.
The New York City Clearlng-House banks in their statement of July 20 showed an increase in the reserve held of
$6,107,800, and a surplus over the required reserve of
$21,029,375, against $12,809,375 the previous week.
Capital
Surplus
Loans & discounts
Circulation
Net deposits
Specie
Legal tenders...
Beserve held.
Legal reserve.
Surplus reserve
Nora. — Betnrns
from
previous week
73,722,700
96.357,400
856,198,500 Deo 12,266,900
30,710,100 Ino
80,6001
939,145,300 Deo 8,448,800i
177,501,800 Ino 6,189,100
78,313,900[lno
918.700J
265,815,700 Ino 6,107,80o!
234,786,325 Deo 2.112,200
21,029,376 Ino
of separate
8,220,000
1900
July 21
1899
July 22
74,222,700
91,035,000
797,853,900
24,225,700
882,174,000
171,381,700
73,243,700
68,922,700
77,382,600
767,843,600
13.60H.400
874,882,000
173,653,800
67,122,300
244,025,400
220,543,500
230,776,100
218,720,500
24,081.900
12,055,600
banks appear on page 170.
—
Foreign Exchange. The foreign exchange market has
been generally steady to firm on somewhat lighter offerings
and a limited demand.
To-day's actual rates of exchange were as follows: Banksixty days' sterling, 4 84%@4 85; demand, 4 87J4@4 87%;
cables, 4 87%@4 88; prime commercial, sixty days, 4 84'. ,(p5
4 84%; documentary commercial, sixty days, 4 83?4@4 85;
r:ain for payment, 4 84%@4 85; cotton for payment,
83%@4 84; cotton for acceptance, 4 84%@4 84%.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savan nah,
buying 1-16 discount, selling 75c. premium; Charleston,
ers'
16V ®6 164
5
95'i 8
4<)i«
®
405 le
95'u * 93 4
f<>!l<>icing_
July
Ptrto&i
Correction.
1901
July 20
pagt
Interest
1
(>
:
—
of reo.
to
to
to
16
n5
» 4o',„
<t
;
see third
J'lv 11
.Ply 17
1
95
88ia
•
to
1 J'ly '2(5
16 Holders of reo.
Aug
Differences
(reielim'ks) liankers
Ui
4 88
-44
'94 85
United Stales Bonds. Sales of Government bonds at the
Board arc limited to $3,000 2s, coup., at 107%; $1
coup., 1907, at 113, and §1,000 Ss, coup., at 109%. 1
lowing are the daily closing quotations for ytarly range
to
to
to
it)
,riv
Frankfort or
* Less >i«.
Bremen
DMUHS
Days
Nifty
July 96
Books Closed.
(Days Inclusive.)
l
Aug
24 Aug
Fanners' Loan A Trust (quar.)
Kings County, Brooklyn (quar.)
Miscellaneous.
American Ice, com. (quar.)
t
l'..
Aug
24 Aug
Ward
Omaha
14
14 Ang
2
Trust Companies.
New
Ant'.
:i
3
Pacific (quar.)
Twent j
l\ Oct
Sep
a
tug
g
5
.*.
Eli
Sep
Sep
9
pref
do
do
a Pittsburg, oom...
Buffalo R<
iio
pref..
do
do
Denvir A Southwestern, com. (quar.).
do
do
prat (quar.).
FltOhhorg, pref. (quar.)
Milw
.
•
i
Coal,
S
WHm
2
Boston A Maine, oom. (quar.)
Mahoning
U
Cent Payablr
Kuilruudn (Stciiui).
Bait more <fc Ohio, com
ii<>
N
Per
.yaw* o/ Company.
do
K
regl2s, 1930
coupon
2s, 1930
registered
snia.1.
2s, 1930
2s, 1930 ,Biuall.... coupon
registered
3s, 1918
coupon
3s, 1918
registered
small.
3s, 1918,
3s, 1918, small. ...coupon
registered
4s, 1907
coupon
4b, 1907
registered
4s, 1925
coupon
4s, 1925
registered
5s, 1904
eoupon
6s, 1904
•This
is
July
29
July
88
July
24
July
25
July
96
Q—Jan
•107 4 -1074 1 07 4 1 07 4 "1074
07«4
107 «» *1074 •107 Hi •1074 '1074 *107 s4
Q— Feb
Q— Feb
CJ— Feb
Q— Feb
Q—Jan
Q —Jan
Q— Feb
Q— Feb
Q— Feb
Q— Feb
•i.084 *ib'84 *ib"84
•100
*109
*109
Q-Jan
* 1
10814
*ios4 •1084
109
-109
*ib'84 *i08»-j *1084 •1084 *ib'84
•113
113
*113
•113
*137>* '1874
•1384 »138i4
10734
'109
*
no7'4
1094
•113
•113
M37U
•113
•113
'113
*113
137'h -137
»1884 *138
•109
•1084
"113
•113
•1374
3* '4
«I384
*107 34 •107'4 "107»4 •10734
•109
'109
-109
•109
* 1
the prloe bid at tbe morning board; no sale
was made.
State and Railroad Bonds.— Sales of State bonds at the
Board include $1,000 District of Columbia 3 '65s at 126 and
$500 North Carolina con. 4s at 105.
The market for railway bonds has continued dull, narrow
and featureless. It was generally depressed on Monday in
sympathy with the stock market, but prices recovered
later in the week, and net changes are in most cases unimportant. Transactions were on a smaller scale than last
week, those in Union Pacific convertible 4s, Burlington &
Quincy new 4s, when issued, and Wabash debenture Bs only
being for more than a limited amount.
Stock and Bond Sales.— The daily and weekly record of
stock and bond sales at the various stock Exchanges, formerly given on this page, has been transferred to a place by
It will be found to-day on page 178.
itself.
Railroad and Miscellaneous Stocks.— The stock market
continued irregular during the early part of the week,
chiefly on conflicting crop reports, but during the past
two or three days has had a firmer tendency on more
favorable weather conditions. The volume of business diminished from day to day, and averaged only about one-half
of last week's average. Fluctuations in the railroad list
were much narrower than during the former period. In
the case of St. Paul and Union Pacific they covered a range
of about 10 points, but were generally limited to from 2 to
6 or 8 points.
Naturally the granger stocks were the active features.
They moved up and down contrariwise with the grain markets and, like the latter, showed evidences of speculative
manipulation. The anthracite coal stocks have been relatively strong on a collapse of the stationary engineers' strike.
The corn carriers recovered rapidly on reports of rain in the
West. Notwithstanding the recovery made, closing prices
are generally from 1 to 3 points lower than last week.
The miscellaneous list moved more or less in sympathy
with railway stocks. General Electric was exceptional in
showing only a fractional decline during the general weakness on Monday, since which it has been strong until today. The United States Steel issues improved as the labor
agitators' hopes of success waned, and Tennessee Coal Iron
Railway and Republic Iron Steel preferred close substan-
&
tially
&
higher than last week.
Outside Market.—The outside market this week was
very dull until to-day, when some activity developed; with
the increase of business there came also higher prices and a
stronger tone.
American Can stocks, as usual lately,
showed the most animation throughout the week, prices for
the common falling away from 24^ to 22}£, but reacting to
24%
again, the latter to-day's closing price. The preferred
declined from 74% to 73 and then advanced to 75. Consolidated Tobacco 4s show a net gain for the week of \\i points.
They moved from 65%@66 down to 64%, and then sold up to
67 to-day. Seaboard securities have been dull but the demand increased to day at slightly lower prices. Closing
figures were 27, 47% and 82% for common, preferred and
4 per cent bonds respectively. The new 5s sold yesterday
at 101. Standard Oil, on small transactions, moved between
767 and 761 and closes at 765, the same as last Friday's pn
Copper stocks, too, became livelier to-day and Aberdeen
Copper advanced from 26% to 30. Union Copper sold at 5%
@5. Several new securities have appeared, notably Kansas
City Fort Scott & Memphis preferred stock (4 per cent
guaranteed by the St. Louis & San Francisco) and the newrefunding 35-year 4s of the same road, also guaranteed by
St. L. & t>. F.
The stock sold at 72@71% and the bonds
91(390%. Other new issues were American Light & Traction preferred at 96, Southern Light & Traction at 23 for
small lots and National Starch common at 30.
The list of outside quotations will be found on page
I
New York
Stock Exchange— Stock Record, Daily, Weekly and Yearly
i'\ i\<; two
r
»<
;
Saturday
Jul,/ 90
July
*22
•20
*50
7
25
67
1
77
•20
94 s4
90%
91
75
78»4
'1
70%
85
66%
07'-.
155
162
44% 45%
36
70
M27"
I
86% 30%
75%
89'
70
92%
77',
1
363a
75%
103% 103%
•66% 67
l":;
103 34
157
168
69
162
'-j
48*4
33%
22
592
69
162% 167
L56% 160%
81
82
48%
"
:;i
70
195
195
143
140
'125
'165
133
1
22%
23
92
-S0% 85
»47»4 49 %
*31
34
70
»6B
'4
in
80 %
69
L58 34l64%
lso
186
"20
39
88
"114
181
191
137
125
185
1!IS
21
30-4
92
121
85
19%
37%
89
8 Ik
"82*
•181
192%
88
2215
1
142
22 5
41 %
13
i;;s
*125
*185
19
38%
38
89
89
*114
185
198
20
48
158
227
42
155
225
39
17
30% 375,
66% 66%
48% 49%
55
*8S
•177
8%
50%
*9
*35
39
S
1
«
9%
90
80%
%
*32
•88
•31
69
83
70
I
75
130
141
185
19
38%
88%
'•.
88% 89
*114
*
*
121
35
72
114
'
'
13%
90
53
*85
53
90
'54
*85
170% 173
174
172
173
172
I78i2
173
30
20%
41%
-'250
*31% 37
9
*7
•31
*53
35
54
120
*116
*250
38
35
55
120
*105
23
75
*214
gig
*32
1,100
6,800
Do
e.
pr<
f.
*
si
& Om.
Minn.
pref
11,200
50
800
200
1,900
7on
281,870
Do
Do
pref
Cm. Chic.
pref
Cleve. Lorain
Do pref
Evansv.
Do
37
73
30
8%
9%
&
&
St.
*31
35
58
120
*31
*54
115
27
250
75
9
107% 108
114
21
70
!
114
23%
71
25% 20%
52% 54
90% 100%
281% 81%
193% 193%
148% 150%
38
105
38
105%
70% 70%
23% 23%
9% 9%
9
35
59
lo-j
119
11S%119%
92
<
*0O
23
Do
31% 32%
48%
48
*88
29/%
89
9712
*62
70
*04 100
*67
72
143 14 145%
"23
28
75
75
*77
85
"
78
39% 40%
75% 75*8
50% 51%
30% 31%
47%
46
88
88
98
"02
*94
*67
98
08
100
72
'214
216
pref
9,570
2,200
107% 107
217
•214
217
New York * Harlem
N. Y. Lack. & Western.
N. Y. N. Haven * Harfcf.
32% 32% N. Y. Ontario & Western.
47% 48% Norfolk * Western
3,100
1,000
2,795
522
2,125
9,100
87,340
*G2
•94
*68
70
100
72
*61
*93
*68
97% 07%
*63
*04
'68
07
100
72
28
77
85
•28
*75
*77
28
77
85
22
*75
*77
28
77
85
*22
*75
*77
28
77
85
74% 74%
38% 38%
74% 75
48% 50
70
100
73
143% 145
*22
28
7>
*80" 85
Do
adjustment, pref.
Do
pref
Northern Pacitio By
24,670
9,550
100
00
1,300
Do lstpref
Do 2d pref
pref
&
St. L.
Do
38% 39%
75
75%
49
50%
38
39%
74% 75
49% 50
39% 41%
75
70%
49% 52
41%
76%
52
pref
Reading, vot'g tr. ctls..
1st pref. vot. tr. ctfs..
76-s
2d pref. vot'g tr. ctfs...
53
42
Ma?
'.'
50
30
arli
Ala
1
A 1115
11
45
29
64
4
May
6
May
May
j'ne
8
109% Jan
172%
150%
200
215
Jan
45% Jan
1
1
2
1
248 April 195
175% .T'ne 5 102
220
-
122%
126
175
I
Jan 30 45 J'ne
Jan 9 12%.T'ne
13% Jan 8 22
4
4
Mav
May
May
134% Dec
194% Dec
34% Dec
87 Dec
6% Mar
20% Nov
27% Dec
03% Dec
43% Dec
1
J'nelo 10
25 Apr 30
7
49 Apr 30
10% Feb 13
3%
36 Apr 4 14%
19
Apr
08%
130 Mai-2'.250 J'lyi {197
i
M»5
Oct
Jan
131%Apr2
J'ne
J'ne 5
24 L.Jan
76 Feb
t
May
i
May
Apr
"
115% J'ly 20
9
27%J'ne24
78
May
Jan
9
4
May
9
5104 Jan 115 J'ne
45 1" J'ni 71% Dec
87% J'ne 104% Nov
Apr
14 Sep
47 Nov 09 Apr
9 Sep 17% Dec
25% Sep 47% Dec
.Jan 72% Dec
J'ne26
124%J'nel4
83% J'ly 1
9
170 May 2
40% J'ly 2
17% Dee
5 Mar
2% Sep
35% Apr 20
68% Apr 19
Jan 21
84%Nov
10% Jan
2
AnflO
3% Jan _
107% Mar 4 107%jMI 4
67% Jan 19 ni'TFiyH
101% Jan
J'ne
84
37
92
30
15
9
1
25
Sep
143% stp
lc
2
Dee
17% Apr
Apr
6 Dec
23 Dec
52 Dec
115 Dec
2240 Deo
May
89 % Dec
116% Dec
182 Feb
37 % Apr
Jan
J'iK'21
Jan
15
40
15
37
00
.Mar
'.
9 177
79% Jan
12% Jan
Dec
21
9 lll%J')icl
9
v
Apr
94% Apr
20 Dec
191% Dec
00 Dec
8% Dec
42% Dec
Jan 74% Dec
80 Mav
no J'ne 132% Dec
154% 3
43%J'ne21 11% Jan 27% Dec
87% J'ly
39 Sep 58 Mar
Jan 21
Jan 21
Jan 8 41
35
I
N
8% I" o
47% Mar
20% Mar
.1
21
9
Mar
76
118
30
72
J'ne
J'ne
12
5
E
I).
-Nov
14% D(
39% Apr
24% May
Mav
Deo
Deo
Apr
82
J'ne
40%J'ne
75% Apr
5
69% Jan
Mar
49
J'ne
35
197% Apr
•
Dec
Jan 2l89%May
25% J'ne 145% Dec
11 J'ne 24% Dec
J'ne 110 Dec
115 Mar22
J'ne 58% Dec
J'ly
29
1
82%
420 Apr i 400 May 420 J'ly
139 B'eb21 2130 Jan 2135 Mar
217 J'm24 207 34 Sep 2215% Jan
32% Dee
40% May 1
57%May
22% Jan 45% Dec
.
42
82
Jan 10
63
Jan 8 75
J'nel3
Feb 5 85
Feb 10 108
Mai'23
J'nel0
I'eblS
1
90%J'nel3
77% Jan 21 11700 Mav 9
84% Jan 21 113% S
52 Feb 1 73 J'nel9
Apr 20
89 1>0 25
07
Jan
83
Dec
86% Dee
91% Dec
40 Mav 62 Nov
82 % Sep 90% Deo
57 Mav 69% Oct
45% Sep
140% Dec
18 Dec
35 Dec
73% Dec
so % Jan
94 Jan
20 Dec
71% Dec
39 % Dec
4:i% Jan 50 Dec
80 Jan 95% Dec
Mav 9 101% Apr 22 124% Sep
5 J'ni
14% Jan 22 35 M a r22
"ioo 33% Jan 9 75 J'nelS 20 Jan
55% Jan
72 Jan 2 86 J'nel
49 34 Sep
"Too 57 Jan 30 80 J'ne
78 J'ne
Tan 4 105 May
1 5
Sep
67,140 24% Jan 4 4S% J'ne
49 Jan
18,980 66 May 9 80% J'nel
Mav
1
Jan 3 59%
lc.,050 38
Rio Grande Western
Do
9
90%J'ne24
9% - P
81 J'ne
08%Aup
.
Di o
;„ o
is
42,018 137
Pennsylvania
Peoria* Eastern
Pere Marquette
Do
May
Apr
\pi-2'.<
26%Aj
58% Jan 21
4134% Jan 15
Feb 27
Pacific Coast Co
Pittsb. Cin. Chic.
36
400 78 May 9
57 191% Jan 8
16,250 139%Jan21
1,435 16 Mav 9
97 Mar 1
2)1*20 47
Mar 1
420 Apr 1
217
31% 32% 31% 31% 31% 32%
40% 46% 40% 47% 47% 48%
*87% 89
*86% 89
*87% 89
*87% 89
141% 143% 142% 143% 142% 144% 143% 144'
*23
*75
*77
*214
Oct
68 34 Noi
19', Jan
Jan 109
I
35%Apr29
16 Jan
90%.1'Jy
75 MaylO
42 Jan 8
28 Jan 21
36,030 70
13,390 83
4,750 150
27
pref
NY.
214
LprSO
\pr30
\pr30
Deo
J'ne
-4
81
Jan 4
5% Jan 3
24 Jan 2
400 39% Jan 21
108% Jan 21
2 230 April
100 67 Jan 3 82%J'ne22
.
*213%216
lav 8
13% Jan
1,000
Moines...
Elevated..
Jan
.1
May
May
72% Jan
21
v<,t. tr..
•'•105
*105 ....
...
Michigan Central
107
100% 107% Minneapolis & St. Louis
115 *115 110 *115 110
Do pref
23
23% 24
23
224
24% Minn. S. P. & S. S. Mane.
*70
72
73
74
*71 ....
Do pref
*25
20% 25% 25
26 Mo. Kansas & Texas
26
51% 53
51% 53
Do pref
53% 54
08
96% 99
99%
98% 100 Missouri Pacific
Mob.*0.,J.P.M&Co.rects
Morris & Essex
150%
150 150%
Central * Hudson.
151% 151% 152%
37
37
37 %
38
Y. Chic. * St. Louis
37% 37%
105 105% *105 112 *105 112
Do lstpref
73% 74% 74
75
Do 2d pref
74% 76
*106
107
115
580
24% Mexican Central
9% Mexican Nat'l tr. receipts
i)
07
47".
12 J'ly
9 45% J'ne 4
10% Sep
59 % Jan 21 73% J 'in 2:
2,900 39% Jan 4 01 Mar21
Sep
15
300 41 Jan 31 68 Apr 12 38% Oct
Apr
1
Oct
Jan
4
71
81
96
17 Jan is 36 Apr 20 12% Mar
Marl 5 144% J'ne
4,37. 107% May 9 208
65 Jan 2 67% Feb 14 63% Mar
7%.la n 28 11% Apr 22
5% Sep
?.o%.Tan
401-j May 9
57 May
8
pref. vot. tr. ctis.
"\Tanliattau
95
15
Jan
92
78% A id' 19
1.8,950
Michigan..
168% 167% 168% 1'J-etropolitan Street...
30
-35% 30% Met. West Side EL (Chic.)
23% 24
0% 9 l
17%
'
18
042
430
104,000
120
275
77
*73
102
73
May
20
27
-11(211
.1
% Jan
'1 Jan
14,355 124
1,300 21
1,350 48
Lake Erie & Western...
Do pref
L. Shore & Mich. South'n
Long Island
102% Louisville & Nashville.
72% Jan
5
1
& Torre Haute..
Keokuk* Des
Apr
:;
in-
J'ne
145 April
Oct
I
201 April 172 Feb
10% Jan L9 31 Apr 10
8% Oct
3.025 33 Jan 21 57% Apr 15 26% Oct
2,000 73 May 9 92% J'ly 19 r,r, J'ne
115% Jan 12 121 Apr20 103%J'ii(
27% Jan 7 37 Mar 6 14% Jan
68 Jan 10 77%Kcl) s 40 Jai:
4,300
Sep
0% Jan 21 18 Apr29
5
850 40 Jan 31 56%Apr20 36 Sep
0O0 16% Jan 4 28% Apr 29
3,200 105 Mav 9 185% Apr 3
3,900 188% Jan 8 24 1 Mav2S 171%Sep
1,810 29% Jan 21 53% M..,- 6 16% Jan
64%J'ne
2,393 80 Jan 21 103%J'nc1
100 69 J'ly 8 71 J'ne27
pref
Kanawha*
::
128%J'lc'24
1
I
Wheel'g.
owa Central
Do pref.
Do
1
.Mar
1
L.
Illinois Central,
Do
*7
53% 53% *54
105
108
115
22
21
*68
75
24% 25
51% 54
97 101
82
82
73
*7
91
May
114%.May
1
1,200
Jan 2
10 2o7 Mar 1
23,601 116%.Tan
Mar 2
iso Mar29
Do
deb. ctf. B
Hocking "Valley
74%
Do pref
149%
Jan
pr22
pr22
.In" 6
Marl9
100 175
Chicago Term'l Transfer.
Cleve.
21
200 138% Jan
91 Jan
50
*32
30
*7
9
35
23% 23%
9% 9%
23%
55%
104% 107
82% 82%
819.35b 193%
151 152% 148% 151
-30
35% 38
39
*105 105% *105 105
75
37
*31
35
*53
50
*110
120
117
120
*250 275 *250
....
*73
73%
75
70
100% 102% 101 102% 101
118
118%
118%
117%119
160% 107% 107
100% 108
*35
89
110% 111
107
115 115% »114
23
72
20
'33
*117
*250
*73
30
92
9% 24%
-OS
20
55
54
27
Ft. Worth&Den. C.stmp.
173% 173% 173% Great Northern, pref..
Green B. & W., deb. ctf A
9
*7
*31
9
>-2
221-2
5 p.
Do 4 i). a pret "B "..
Chic, lndlanap. & Louisv.
JJo
pref
Chic. St. P.
a
11
120% Jan
ansas City So.
38
-73
*73% 70
75
104% 10534 299% 101%
*119% 120
110% 118%
108% 108
105% 107
*35
*89
24
55
90
55
86
*26
00
87
.
*:L9%
-7
Do
I
I
200
i
1
j
90
•
Mi.v 9
18,900
1,41)0
ihloage Greal \\ item.
Do 4 p. e. debentures
;
5 OH
*33
*31
54
*117
pri
'1
77
pref
% Chicago Miiw.
101
•125 135
128
198 "185 198
19
18% 19%
.s%
39
39
88% 89
89%
121 *114 121
35
S5
72
72
49% 50% 50
49
40
50
50
i02 »4 52%
275% 751.
73% 73% 74% 74% 74
275%
74
74%
147 '4 148% 145% 147% 145% 147% 140% 140% 147 148
148
37 Hi 37%
30% 30 % 37
30
37% 30% 30% 37% 38
74
71
73
73
73
73
73
74
272% 72% 73
41
O'.l',
<
2%.
SI
"ioo Lia
82
13%
13
*48
48
*53
*85
50
55
69
Do
13% 13% Colorado & So., vot. trust
49
48
48% 48%
48
Do lstpf. vot. tr. its.
*21% 22% "22
22
22%
22
Do 2dpf. vot. tr. ctfs.
157 157
157% 158% 158% 159% Delaware & Hudson
224 225 *225 229
225% 227%
elaw. Lack. & W( sin.
41
241% 41% Denver* Rio Grande
40% 40=8 41
"90% 91%
90
92
90% 91
Do pref
69% 09%
Denver & Southwestern.
Do pref
*35
*35
30
35
39
87
Des Moines & Ft. Dodgy.
*9% 10% 10
*0% 10
10 Duluth So. Shore & Atl..
*15
*10% 17
17
16% 17
Do pref
35% 30%
35% 37% 36% 37% Erie
05% 00%
04% 05% 64% 66
Do 1st pref
48% 4.9% 49% 50% 50% 50%
Do 2d pref
13
48
50
90
47
*53
*85
17
92
32%
1
10,860
1,040
25,045
Chicago* Alton
ii
198
88
1
Brooklyn 1:
Buiralo Koch. & Pittsb'g.
% 185
Do prel
101% 191% 198 193% Chicago* North Western
Do pref
140% 143 Chic. Hoc k 1-1 & Pacific
139% 142
18% 19%
38
Do
'.
I
!
01ilo.vot.tr. elf 8.
pref. rot
,t
i'o
23%
"80% 81%
*47% 19%
8
186
181
*15
35% 30%
04% 65%
92
pr<
Bait.
sChloago Burl, & Qulncy.
Chicago .V; East'n Illinois
130
133
28
*90
34
69
125
*185
77',
% 75%
157% 100% 150
158%
15% 10
34% 30
63% 05
90
55
9%
10
92
81%
20%
90
22-%
•47% 49% *47%
"a
135
198
224
40
90
224
39
"0% 10%
17
in
23%
1.
38
•122
187
190% 193
*21% 22
155% 157
'.1
89% 89%
*37
37%
"75% 76
195»4 195 34
'181
48% 48%
48
*21% 22
155
223
180
195
215
39
89
121
35
72
12% 13
13
22
•90
'.i
186
74
13 "-2 131"
*49
50
22
22 \'
158
45 'g
lots
Jhllimt
I
•
Do pref
104% 10r,% Canadian Pacific
*66% 89
anada Southern
159 159% Central of New Jersey...
44% 44% Chesapeake & Ohio
134
21
22% 23
*!U
si
1
ISO
129
'
70%
37
4
86%
76% 70
37%
75
•70%
20
4
J'n
898% 93
!M
70 % 77%
83
121
128
195
127
196
180" '120
72%
04%
71%
•
bo.
Railroads.
A rbor
Ann
Do pre)
25
'5(1
43%
On
Lowtt
963|
94
98
129
103
07
155
44
122
L02
102%
103%lo;)',
86
STOCKS
*20
»20
26
55
72
.
Friday
July 38
Inn
93
94
97
98
78
4
*157
-20
-50
25
I
rCEB
I
I'
,'
70%
96
07%
1
'J
71
90*4
a
Ju
20
'.-,
94
Hay
y 23
'
IS
h LOWJS& r SA
<
05
93
pref
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Banks
Banks
Bid
Banks
A.sk
Bid
Banks
Ask
Bid
Ask
Bunks
Bid
200
Mutual
185
150
Irving
Citizens'
l-lthstreetn. 165
NEW YOEK
Nassaul
195
Leather Mfr 260 270
City
025 600
Fourth
230 250
Ask
CITY
Bid
500
Kew Aiuster 1300
Liberty
Colonial 1J ... 300
410 430
000
New York Co 1500
Lincoln
Columbia IT.- 310
(iansovoortfi 140
American ... 510 530
Nat Ex. 195
Manhattan^ 333% t
Garfield
Commerce... 375 385
500
AmerExch.. 250 275
Xew York... 3 25
Market&Fnl 25 5
Corn Exch^f. 400 425
German Am' 125
Astor
600
19th Ward'j. 150
200 280
Mechanics
Domes Exch LOO
German Exl 325
300
Bowerylf
Mech *TraT 125 150 Ninth
East River.. 140 150
Broadway . 300 350
GermanialJ .. 500
North
Amer. 200
200
280
reantile
..
150
M<
Green wick T] 175
Butch's&Dr 115 130 11th WardV
Oriental^
185
136
Hamilton! - '100
Fidelitylf .... 220
..... Merck Exch
Central .
175 195
195
Paciliclj
195
Merchants'.. 185
Hanover
Fifth AvelJ.. 3250
Chase ...
700
t700
Park
560
050
Metropolis 'j
Fifth
Hide * L'ath 150
Chatham
325 360
325
250
4500
Imp iv. Trad. 570 590 MtMorrislI.. 175 200 People'sIT
First
Chemical
1 40(10
a Ex
* Bid and asked prices; no sales were made on this day.
(Esr igkts.
U State banks,
2 Less than 100 shares.
s
Stock " cornered" sales for cash were made as high as 1000.
t Sale at Stock Exchange or at auction this week.
NY
Ask\
Bid
Banks
Plazall
1500 Prod Exch*,
Repuli
River-
350
.
.
1
025
170
.
tooo
210
450
650
Seaboard
Second
....
Seventh
Shoe ct Letli. 105 115
500
State*
270
State of XY' 240
12th Ward*". 110
23d Ward*\. tl40|
|
1
||
'
Ask
105
500
dividend and rights.
Trust Co. certificates.
July
StOCk Record— Goncluclecl— Page 2
37, 1001.]
HIGHEST
Saturday
.1
Jul//
I)
\
-11
12
'
US
-
13
>
tili '-j
02>J
42
i'hui
24
Jul,/
2.7
1
1
00
Jul j
M
\
I
I
.
1
/
13
'2
To
Si
30
29
30
-"J
-Ttli
Wedm
•lid n
July
Jul.,
:i>
LOW
L73
07
41
'-j
II
80
07
68H
68%
"a
29
88
»oo
-
Do
55S
m
»iao
38k 40
1 20
122
122
JO
tl
120
104
.
33k
;;;;,
9
95
1
89 Hi
•J
1
17%
17
<_
50
41
40
40 14
k
180 5173kl75
113k 115% 110% 113
28 %
•sy
•lao
32
*08
'23
«0O
20
$80
•4
•»
1
2-")
70
28
00
26
87
-Ok
188
80
• 68
20C
'-2
36
86
7
120
1
131
101
131
32
7o
-00
»6%
28%
'"%
25
SO
'1
*41
"
84 % 84 t
45
128
'.i
2 4
1
*tt%
4.; '4
112'-
99k
22
19
»180
213
53
100
101
41
48
5
127
44
-18
*75
45
•*o5
40
255
54 k
"28
52 la
*75
30
9
90
1
47- 8
7IOI4
410k
33
33
25278 254
52% 54
115
142 k
-28
54
101
•41
65
118
-i'o"
80
877
I
•129
-20
"180
219%
8%
254% 254*4
54k 51k 54k
255
255
5414
05
:
255
54k 54
101
• 20% 21k *20k
..a
54
e
Un
.
21
75
95
20 8 20 k
75% 76
70
95 k
95
6% Ok
0% 6 Hi
21
*33i2
•86 "a
•80
85
*94
97
"Jo 100
•41% 4;;
100k 100k
20
'..
87
8/
43% 44 k
778*
*98
*38
113 k
-40
•85
.205
•o->i
"8 k
19 k
102
40
114^
42
85 a4
208
"
4k
11
19-'.j
73%
7.i".,
28
28
7 '4
01 '-2
*35
•14
39
•71
*80
12 "a
-78
74
90
151-2
191-2
12
'-2
79
191-2
01
39%
40i-_.
88
89
8
91%
7k
*33k 40
*
*
95
100
*13
20
40% 42
•100% 102%
•19
21 k
87Hi
k
Ok
94
7k
35
37
35
-90
'98
*13
41
100
18
95
-33
«0k
*33k
k 40
37
99
*90
<
98
*12
97
100
-13
20
41
20
]
41k
74k
58
*31
15
59 Ha
39
0%
58
62
39
15=8
•82
60
*32
15 k
*70
87
62
39
15
T
•6%
b
7
1,900
Sugar Kenning
^ rational
Paper...
,
pr.-f
,
Co.,
Do pref
Republic Iron<fc
11
-78
pref
Sheffield St.
pref
02
15
*70
%
74
90
k
90%
92"
915,
140
91
160
92k
140
1
*140
160
92 k
91% 92%
92
W
100
Fargo
68t'u
1
&
SO
72
[J'ne
21k
I
70
Dec
J'
•
!
It
Jan
lai-19
29'
I
Apr
21
Jan
J'ni
7
Nov
201
:
Leo
Nov
Mai
7o
)ec
Jan
Jan 5
39%J'ne24
Apr 16
22
28
Dec
Maj
70
65
'-.
-Mar 7
.Mar 5
Mar2u
in
i
19k
J'nel8
Jan
52
89
2
1
l
May
-UkAiir
2
2
2
\)ir
8
38%May
90
Jan 22
8k
7
Jan 18
Apr 12
.'.
pr
1
1
10 k
i
Aug
49
-i
lie
I
-lay 9
k
10
-Mail
Apr
1
8
71
o'i
10
Jan
19
Jan
18
Apr 20
L9%J in -17
42
75
10
J'ne
J'ne 1
Mai
Jan 26 100 Apr 19
May 9 16% May 2
.
1
12%
Apr
12
65
200 853
13.501
3,510
1,100 18
1,650 55
24
105,9 fi 69
800 51
Nov
57
Apr29 70
Apr
170
iMav-2 7
J -nil 7
49% Mar
96
Apr 21.
i
82
Ply 16
Jan
80
100
Mai'JI
24
i
in o
10% J an
106k
40
Mar21
22
26%J'ly23
I.C
All
I
in 21
12% Jan
!
60
4o%
.1
1
1
J'ly
82
34
85
J
Jan
Jan
44
2
2
kNov
74
k Dei 104
'i
Jan
Jan
prSO
\pr5f
\
May
9
J'lyl2 72
Apr 26 124
«130 Jan
Jan
16,0001 81
11
21
Mar30
k
120
•
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Banks
HBW YORK
CITY
Sq*|...
D
\'arick
1|
Wasliingt'n'
West
Banks
Bid
275
175
145
Swell.. OOO
"Western
Yorkvillell
..
600
240
BROOKLYN
BedfordH.... 225
Broadwayl].. 250
Brooklyn!] .. 120
*
t
Ask
Bid
Kings
85
110
130
I
Manufactis'.
300
1215
Mechanics'
Mech A; Tra' 270
Merchants'.. 100
Nassau
Nat City
North siili
Peopli
350
300
.
Wan!
.
:
Ilien'j
.
10
10
160
Continental
1
i
205
.
;rei
l.i.A.-Tr
00
n
i
LOO shares.
i
68.
t
Kx
Trosl Co's
BROOKLYN'
425
1
175
irdTr'l
looo 1100
675
700 725
Tr Coot Am.
450
Unit
Mercantile
950
Merchants'
320
Metropolitan 500
290
Trust Co's Bid
MortonTrnsI
N \ Life&Ti 1275
North Anier.
415
Fifth Ave Tr
Guaranty Tr
Knick Tb'k'r
Manhattan
270
Bid and asked prices: no sales were made ou this day.
$ Desa
s Trust CO. cert
bale at Stock Exchange or at auction this week.
oloiual
Kami
105
Trust Cos.
CITY
Atlanta
Ask
213
1
Wallaboutll
Bid
125
200
-
S. Y.
175
195
Ward*
'•
20th
300
i
171 h
_
Trust Co's
C'lH'tvlSA 'IT 525 575
Central 'ir'st tl925 1950
City Trust...
BROOKLYN'
8th Wardll ..
5th Avenue! 100
First
Atk
Bid
Banks
Ask
BROOKLYN
rights,
i
nion
:;a.
-
Tr
6
310
-
ij
C
Di
Lpr
1
2,150
125
Union Tele'gph
114%
I'
128
11
9
700
ly
Jan
s. p
Jan 21 16 May 3
J an - 103
J'ne!
Mat
J'nel2
93%.
37
92
15
81
40
j
Co
Dee
10
•12
Aprl6
Jan 24 84 Mar26
Janl8 95% J
Jan 21 loo Feb28
74
05'-.
'
'140
Mar 149
24% Jan 22
OOo
I
Jan'
J
8
J'ly 12
May
Apr 2
33
5,1 55
1,120
17,350
'i
'
7
7314
100
J'ne
1
5% Feb
2,610
1,000
:
1
4,730
2,40o
1,700
1
100
J'ni
l%Apr22
i
140
7
L07
13 <s7
Apr
400 195k J an 21 217
7
.
.i
8
27
so
& Iron
Do
85
31k -'an
99 Nov
30% May 9 47% Ji
10,010 95% Jan 21 L20%J'ne2]
Steel,
b
00
.:
.i
3oo
Standard Rope A; Twine.
03 k Tenn. Coal. Iron <fc KK...
I'exas Pacific Land Trust
111011 Hag A; Paper
16k
S
80
6%
i
\pr29 117
25%J'nel7 11%,
1
new
Dec
78% >
10k
Noi
34k Dec
6
I
14
1
Apr
Apr
4
J'lK
500
74 34
lio pref
80
Rubber Goods Mfg
k
J'ne
2,000
100
Jan
60
1,742
1,534 72 '-..Ian 3 84
5
lio 133 J'lylS
73'- Feb 14 109
l,'_'oo
,
74
78
34
2 150
8% Jan
.National Lead
Do pref
*8k
19%
k
Mai
:,
191
g
187 Jan Is 23.8 Aprlo
IIS", Jan 4
71k J'no 6
93% Jan 2 124
3
145 J'ly s
140
2,000
eop. Uas-L.<8i c. (Chic.)
ed Steel Car
33%
Jan
Jan 18
Beach
Biscuit
Do pref
Pullman Company
4V Quicksilver Mining
77
9
14
70
95
Pacific Mail
29k
30
1...
.]
I'll.-
Muy
.Mai 19
1O0
Do
9
3
82% jay
89
9
110
410
100
200
100
National 8alt
75
:i'.t
1,32;
DO
<
H>
72
J'n.
37
loo
ni
.i
.
.riyi: 10% J
J'ly24 33 34
J'lyis
1,500
1,900 183% Jan 10 269k
120 Jan
1,935 45 Feb 16 65
Dec
106 May 2 92
98% Mar
MaylO 28 Ma'r22 14k Mar
800
300 69 Jan 21 81 .Mar:.'.", 58 -M ai
4,000 54% Jan 2 look
,
16%
15%
U Do pref
72 k 72k -7o '4
*
85
*85
87
90
M>ress...
12%
mi .it States Leather
12 k 12H)
12% 125b 12k 12% 12k 13%
Do prel
77 k 77 k
78
77% 78
78% 78 k
77 k 78' 4
19'20
19
United sums Rubber....
19
19
*18k 20 k *18k 20
58 k
59
'59 k 00
Do pref
•59 k 00
58
43'4
42
States Steel
88 % 39k
40
40
42
38%
k 39% 41
Do pref
88% 90% 91
87% 89% 88 k
Virginia-Carolina Chem..
-58
00 k
59 Hi
00
00
00
60
59 k 00
Do pref
120 120
119% 119% 120 121
121k 121k 121
10
74
87
400
810
85% 86
62 k
89
01
"32
li; 9 50
Y.).
pref
L.
Manhattan
Marl
168%
:'cn Co.
1
J'lv
J'ly 19
1J300
.Yew York Air lVake...
'.i
<;
Iron
Electric
Iiat ional
H
39
114
43
:
6%
Bi
100% 100 k North American
:
86%
i
•86
1
Ok
&
Tobacco
...
00
900 175 Jan 18 228
100
8% Jan 19
1 '! Jan 21
7,520
76
Do pref
9334 nternal ional Power
7
International sih er
40
Do pref
57
tnternat'l Steam Pump
Do pref
de Gas (St. Louis).
100
pref
20
42
in
20
94
*41 o 42%
42
*100%102 34 MOO
19 k
19
19k *19
101
*80
'80
94
90
94
-40
44
43
43
a?41k 42
75 '4 •74% 75k
70
7
*70k 70%
a.'75'.i
135 135
8140 140
95 k 99
100 100k
99 100
100 100
38
38
38
37 k 38
*30k
112 113% 112%
112»4ll3'4 113%114 34
',
41
41
40
42 k
42 - 4 2
41% 42%
*84
85
84
84 6 85 'a ?84 'i 86
-200 208
202 209 *202 208 -202 208
»3
-3
-3
4
4%
4k
4k •8
-7
11
»8k 11
*8k 11
*8k 11
19
17%
18k 19 k 18
19% 19 k 19%
72* 73 k
74
72% 73 k 73
73 k 74
"25
*27
28 k
20% 2 7
28 k 27% 27
3
70 % *70
77
73 4 •72
"33"' 70%
'33
33 k "33%
34
34
34
"78
80
-78
80
Ok
1
2
35%J'nel7
''
\.,v
i
l
i
1
Ok
37
*
*
2
'2
93S.1
in
J'iv
|
••«
120
100
'140
40
81
95
100
-13
20
40 k 42
100 102
•19 k 21
*86
92
43 k 41
*70
87
01
120
47i4
"20
"75
'21k
70
94 -b
*75
*75
76
94 k 94 7B
•;
70%
"0%
59%
20 k 21
75
75
94
95
j
I
Gas (X.
1
1
35
89
13k Maris 21%.
15 70 Mar22
ly
3,070 37 May 9 51k Apr
Do nrel'
Diamond Match
Distilling Co of America.
Do pref..
29
35
Jan 19
100 117k-':"i 3 L30
894 J»n 7 too
'able.
1
ni.il
L42
8 a4
*27
35
30
35
259
Jan 21
137
iroiu.
Ai
Hock. Coal
olidated
19
.['nell
pref
:
8%
8k
18
*26
30
255
54 k
27
40
C111/I
no
1
Jan
iDei
2.-.
07
26
73
0,200
Tobacco
Do pref
American Woolen
130
21
190
221
07
115L
MaylS Ml
Jni-17
8k Apr
36 Apr 22
Apr 17 90
40,700 131kJ»n21 153
Cable
1
97
115% 115% 115%
142 k
142 142
1421.1
8k
<fc
mi an
<
-214
64 34
pref
m erica n Tel'gh
77
lui
pref
45 k Anaconda lopper
219 Brooklyn Union i.ias
10
runsw. luck rfi C.Imp'i
44k
57
1
.1
Do
\
pr
4k Feb 4 8
"Too 22% May S 30 3
9,020 39 34 May 9 69 Apr2H
2,825 88 Feb26 104%.)
"*500
Apr
Apr
in
i
i
31 Jan 24
25 J1.V15
85kJ'l.vl2
1,000
1,347
Befln'g.
i
laO
•
30Wlv
American Snnfl
Do prei
Loan Sugar Ui-finiug
142 ,
•125 128
-97
100
129% 130 k 132 k
1
24k M^i
210
Am. r. Smelt'gA
Do pref
In
1
1
1
American Malting
Do iircf
101
40
19
pref
prel
30
in
85 April) 91k Jan 8
10 5169 Jan 1'. 8206 Ma i-20
8,949 30 May 9 41% Mai 16
225 07 k Mar
la r22
5 '...Ian 21
1,094
9
loan Locomotive...
pref
1
Mav 9
k Jan 21
.1
•lk-l
20 J
200
pref
Do
lol
64-%
merioan Cotton oil
Vim
1
.
Jan
6,800
1,840
2,070
JUll
Unerioan Unseed
13
1
Foundry
.u .t
2
i
1
100
pril..'
1
Jan
Jar! 9
i
LOO
cie
Do
130
-10
• 77
44
212
79
27
\
-
A.morloan Bxpreaa
I
81k
129%
1
118
142
30k
lopper.
1
19
422 8146 Jan 8
02,850 83 34 Jan 21 130
8s
.
.1
1
American
28 k
46
L25
-97
.
iio
*84
142k
1
90
18
30
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1
1
I'll
look 100^
17" '26
79
30%
30
.
in
•
1
Do
29
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87 k
7
800
k
i
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83
00
01k {00
26
26
25 k
85% 80% 80 k
-Ok 7
20k
Do pref. vot. tr. ctf.s.
Vliscellaneou
v. tr.
Apr
1%
1
24
2,180
iniUgamati
v
.
ofa
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]
01 k
25>«
40
84 7a 81 v
142 11.; '4
*125 130
-97
101
128 128'4
63% 04 k •64
27%
C5
70
28
02
42
8170 lTo
112 34 L13
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1
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8
180
200
32
S3
*00
70
527 k 271
•41
;
2,156
10.120
40,300
1,500
200
prel
lei
Do 2d pre!
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.
1
MOO
53 k 543b
20
70
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,
2
100k 100%
128'-.
553,731)
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1*4 vl .....••••*•••
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1
1
29
82 k
30
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ir.
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111
31% 32 k
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28
"00
20
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'-
62
2
92
200
45
215
140% 141k 142
29
*28% 30
29 k
83
29 k
k
luif
nioii
Union
44 14
44
44 k
*208 2 5
218
9 k 10H
9k
*9k 10H
9H
95
98
97
97%
90k 97
129 130 *130 130
130 130
20 14 21k
20 4
20
20
20
180 190 *180 190
-180 190
22
215
214k215
k
214k 217k
118
8"a
-
20
4
1
130
213k
63% 64 34
118
80
101
95
136
20
190
190
80
130
208
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25%
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94
52
31
20
190
28
00 '4
20
1-2
83
29
1-.
(.8
125
208
'•
L8
50
21
20
29
82%
101
11
1:52
28
89
200
84
84 't
142^4 1441-2
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-17k
170
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1
vot
.
-10
•170 180
111 '4 112k
83%
i,i>I.
17
1
20%
41
30
*6% 7
*27k SO
7
100% lOl^
142% 113% 140
•129
'20
*180
215
-G5
115
21
l>.i
2
28,200
PaoiHo
Avrliu.
A W. V.
t.l
.
4'..
29
88
27 %
89 '2
190
30 k
}68
28
00 14
1
"2s '•j 80
54
101 k 101k
•41
48
44
•208
24 34
28 Hi
28 k
9
200
180
170
94
'.,
181-2
'-2
\
.is
•
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07 k Jan
n
m.i.
r.
I
99
89
22
'2
I
1
J19%
'4
40 k 40 Hi
'4
lllisllS
4
-
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20
1
>.,
52
29
20% 21%
'170
•4
20%
17
(
21
43
2
18
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40 k
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10
28k 28T
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80
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1
18
.
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99 k
97
88
1
'i
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37%
38
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29
33
99=*
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20
41
122
21
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;
iin
120
122
19»s
54'
94
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82%
82
in
prel
29
20
30k
84
16
,
1
69 h
60
Banks marked with a p
uk*-
New York
Exchange— Bond
Stock
Record, Friday,
OCCUPYING FOUR
BONDS
Week's
l'rlce
stock EXCHANGE
i.v 28
n
Bang*
K. V.
\\
July 20
.11
Bid
Government
r. s.
i
'<
Jliijh Aiy
ed.dl930
ril930
107 a4
V 8 2a oonsol >< Hinall..ci
VI 8
inall.d 1930
V8a
1918
red
,..H'.Hs
V 8 3s coupon
U s 8a r<:- Biuall bonds..
V 8 3a cou mi. all bonds.. 7cl918
h 190
Vs.
V s 4a coupon
M907
lis;
li
V
V
U
,
L06»4 10'r'l
,i
,1
1
113
118* 11234 j'ly'01
13
1 1
1904
107 3
1904
109
4
% 118
8
ION
100
113
l
:
'.j
109 'a
1
6
'4
13734 1 39 58
110 111'h
109%
90
are pr
ices o
109
Apr'01
n
the b
1906 J.J
108
109
109% Apr '01
1906 J-J
L906 J-J
1920 J-J
109
109%
103%Mar'0l
F-A
107
108
109
124
J.J
100%
105
1
1
1-2 1
137% 189
J'ly'01
Small
Currency funding is
Dint of Columbia 3 66a
924
Louisiana new consul Is. .1914
Small
lsiii 1995
'Missouri funding
North Carolina consul 4S.1U10
Small
Us
1919
Bo Carolina 4 %s 20-40
1933
Tonn new settlement 3s.. 191
Small
Virginia fund ilobt 2-38...1991
Beglstered
1
2
a»U
Ang'98
'
126
126
108 May'01
09 % id) ".HI
1
J-J
J-J
J-J
106 34
A-O
105
.
136%....
112 117
J-J
J-J
J-J
J-J
J-J
95% 96%
94
95
Fcb'Ol
I86%j'ly'01
120 Mar'00
9lr>j,J'ly'Ol
96 Feb '01
94
J'ly'01
10
Maj'Ol
...„
Cs deferred ccrtfs
"
113%
July HO
N
td)
Hud it gen gugSt 1920 J-J
Centra] of
.v
.1
Li h A Will
'
1
r/\'.n
..s
[)
Jlv
Knilrond
See So
Ry
W
laba Midi See Sav Fla &
Albany cte Susq See Del <fe 1 ud
Allegheny Valley SeePenn RB
Alleg <fc West See Huff R <fe P
1
AmDock&Ini SeeCentof N J
Ann Arbor 1st g 4s
A1995 Q-J
Atch T & S Fe gen g 4s.. .1995 A-O 103% Sale
1995 A-O
Registered
Adjustment g4s
fcl995
711995
7j1995
Registered
Stamped
Equip tr series
A g 5s.. .1902
9Gh
103
103
96 sale
95
"""'""93% 95
Nov
Nov
Nov
93^
J-J
& St Louis 1st 6s. .1915 MS
1st g5s. .1940 J-D
Atlanta, & Danv See South Ry
Atlanta & Yadk See Soutli Ry
Austin & N W /See Sou Pacilic
~l)at Creek & S See Mich Cent
96%
1
1037g 211
6
103
97 107
May'01
94>4
33
CbiC
AtlKuos& Nor
J->alt<fcOhlopriorlg3%s.l925
Registered
7tl925
Gold 4s
7Q948
Registered
7il948
Bubs to conv deb 4s
1911
108
J-J
Q-J
96
A-O
ib*3"
Q-J
9534
89
Registered
#1926
Boutlrw Div 1st g3%s... 1925
Registered
ft.1925 Q-J
Monon Riv 1st gu g 5s. .1919 F-A
Cen Ohio R 1st cg4%s.. 1930 M-S
89
9Sh 125
gS^Mar'Ol
Bale 102% 103 i33
101% J'ly'01
104% Sale 103%
PJun&MDivl8tg3%8l925 M-N
Beech Creek
Sale
May'01
Sale
89
104%' 271
J'ly'01
89 %
,
90%J'ne 01
111
111
111
&eMYC&H
May'00
J*ne'99
M-N
M-N
g 7s
& Montauk See Long I
West See Sav Fl & W
Buffalo N Y & Erie See Erie
Buffalo R & P gen g 6s.. .1937 M-S
Debenture 6s
1947 J-J
All & West 1st g 4s gu..l998 A-O
CI & Mali 1st gu g 5s.. ..1943 J-J
Roch & Pitts 1st g 6s... 1921 F-A
BkJyn
Bruns
<fe
Consollst g 6s
1922
Buffalo <fe Southwest See Erie
Buffalo &Susqu 1st g 5s. .1913
Registered
1913
Bur Cedar R <fc No let 58.1906
Con 1st & col trustg5s.. 1934
Registered
1934
C R I F & N Wist gu 5s. 1921
& St L 1st gu g 7s.. ..1927
1908
Canada South 1st 5s
2d 5s
1913
Registered
1913
Carb <fe Shawn See 111 Cent
Carolina Cent See Seab & Roan
Carthage & Ad
M
118
118 34 118 34 J'ly'01
103
128%....
131
126 129% 129
Apr'97
A-O
A-O
100
Nov'99
J-D 105
A-O 122
A-O
A-O
J-D
105 J'ly'01
123%J'ne'01
117 Nov'00
J-D
J-J
106
M-S
M-S
J'ne'01
May'01
113%Dec'00
Sale
106
106%
109% 110% 110
(In
1
i
li'j" 121
M-
LOU
M-s
.1
-
<t
10
1
Ohio
Cen RR & B of Ga col g 5s 1837
Cent of Ga RR 1st g 6s..#1945
Registered
1945
Consol gold 5s
1945
Registered
1945
1st pref income g 6s
j>1945
2dpref income g 5s
#1945
3d pref income g 6s
#1945
Mac <fc Nor Div 1st g 5s. 1946
Mid Ga& Atl Div 5S....1947
Mobile Div 1st g 6s
1946
Cent of N J 1st consol 7s.. 1902
General gold 5s
1987
Registered
fc.1987
See Balti
93% J'ne'01
92
-j
Am Dock & Imp gu 5s. .1921
77
29
16
79
Sale
18
M-N 104%
J-J
129
n
130
111
77%
78
29
30^2
15%
15%
95 Dec'99
102 J'ne'99
106 Oct '00
104 34 104 34
129
129^2
129% 130
112
113%
1
.
*
No price Friday;
A-O 108% 109
J-J
J-J
M-N
F-A
F-A
114
'
'100
102% 103
93
J-J
109
110
114
101
109
BONDS—Continued
107
110% Met
111
115
F-A
J-D
J-D
M-S
109
121% 121 J'lv'01
120% 12Q S4
116% Dec '00
122% 124 122% 122%
120
120
117% 122%
118%122 34
122% 126
.M-S
latest bid
and asked
this
week,
a Due Jan
d Due Apr
1
104% "i ioi''io'7%
84
ly'o.
102%
lU3%J'ne'01
90 J'ly'01
.
ne'Ol
!
'91% "93%
19
83% 87%
bo
Si '4
84«4
M
94
J'ly'01
1100% 102%
xpr'Ol
104
Apr'OO
r,
.j
1023s
102% J'ly'01
102 1-2 104
1023g
116%.
114
105*8.
105%
110%
110%.
103
99
...
.1
101% 102%
13<104%
..
102>.j
114
104% 107
1110% 113
11234 H2 34
Apr'01
10.J
1
I
4
-
llO'v
12 4 Apr'01
lOO^J'ne'Ol
J
1
194%
112V 10
loo 3
*,
lOO'-s
194V 60 141% 196%
3
109
121
112 4
121
J'ne'01
J'nc'Ol
115
May'ol
113
115
137
123
115
J'ne'01
135% 140
J'lyOJ
115
ii.9%";;;
120
J'ly'01
11234 125
121
122
llo
117
J'ly'01
J'lyiOl
115 126%
106% 114%
Apr'01
113
117
80
May'01
180
192%
1
121%
135
'-2
128%
123
123
*
114*
.110
1
172%Apr'oo
190 Jan '01
180
110%
"109
180
:i88%190
lo ISO 194
114% 11."^
110 114%
HS^J'ne'Ol
111
110
127
Aug'00
J'ly'01
105%Feb'9»
115%.
1176s.
113 34.
115=8.
HIS.
ISO *.
1
107%.
113%
188
118
.
107 34
116 Sale
11234
11658 122
!112%116%
1*26% 12*6%
110%110%
185% 188
117% 119
110% 110%
110% May'01
12 114% 119%
114% 116
117 117%
117%Mav'0l
Apr'01
J'nc'Ol
1163s 120
1193b
1163b J'ly'01
116
118% 116 J'ly'01
121%Mar'Ol
121% 122
118 34
141 Sale 141
141
104 34
104 5e J'ne'01
104
104 34 J'ly '01
142%
104% 108
104^108
108% 112
139 34
108% J'ly'01
117
107
110
103
116
111
10S%
.
109
117
117
io9%iio%
113%110 34
108% 110%
107
108
109 J'nc'Ol
1083s Apr '01
117 J'nc'Ol
116
II784 Eeb'98
106 58
Ill
121% 125%
122%
122
123
Jan
113
111
113
111
J-J
J-J
J-J
J-J
106 34 Sale 106
'01
J'ne'01
J'ne'01
111% 111%
135% 141%
123% 127%
143 34 14334
138% 143
A-O
.112
107%107%
113
Apr'01
Sale
113
127% 131%
127%
126%
126%132%
10638 110
IOC 1
106 34
.)
105% 108
99% 99%
99% Feb '01
97%.
108 38
117
113
111
113
97%
107 38
H034
May'01
142%May'01
107% Feb '01
138%
8
123
127 J'ly^)l
143 34Apr~l
1403s
:,
-
111%
120%Nov'00
138% J'nc'Ol
M-N 11934
J-D 139
Mar'00
Apr'01
Nov'98
116
Oct '00
108 34 J'ne'01
1073gMav'01
123% 122%
122
119
1118
112%.T'Iv'01
137 Hi J 'lv '99
126% Apr'01
110% May'ol
12034
L16%121
121% 1'2234
116%J'ly'01
121 B8 Apr'01
118 34Mav'01
117
117
86%A«g'oo
97 Dec '00
111
J'ne'01
110% 112%
139
139
138%
134% 142
134 140%
J'ne'01
121%123%
M-N 137% 142% 138%
Street Railway
Ry—(Continued)
W
Mar'98
122
19
2
1
on Next Page.
1937
Guaranteed gold 5s.
1937
Third Ave 1st gold 5s
2000
1st con guar 4s
5s..
1945
(Chic)
1st
El
Union
g
Chic St 40-yr 1st cur 5s. 1928
40-year consol gold 5s... 1936
J-J
J-J
J-J
J-J
St
07
':
A
127%
127%
1917 J-J 126%
126%
1988 J-J 106%106 34 106%
83
J'ne'00
Jul
1063s....
Lex Av <fePFlstgug5s 1993'M-S 122%124
Registered
1993 M-S
Mav'01
100% 105% Met W"S El (Chic) 1st g 4s. 1938J F-A 103%.
Mil El Ry & L 30-yr g 5s. 19261 F-A
10134 103
97 98 103
Minn St Ry 1st con g 5s.. 1919 J-J
93 J'ly'01
88% 95
St Paul City Cab con g 5s. 1937 J-J 111%.
95
4
1
I
A8hlandDivl8tg6s..l925 M-S
Mich Div lstg6s
1924 J-J
Convertible deb 5s.. ..1907 F-A
103%
Incomes
1911 M-N
120%
Chic Rock Isl <6 Pao 6s. ..1917 J-J
J-I)
A-O
1
113% 117
116% 119
Aj.r'oi
103
OIV
Jan '99
J'ne'01
10
106
104
J'ne'01
101»4
90'.
95
Registered
General gold 4s
Registered
1988
DesM & Ft D 1st 4s. ...1905
36%
lst2%s
1905
21
Extension 4s
1905
Keok& Des Mist 5s.... 1923
Chic & St L Bee Atch T & Sa Fe
Chic St L & N O See 111 Cent
10 104 34 10S
54 127 137% Chic St L & Pitts See Penn Co
ChicStPM & O con 6s. ..1930
10 127 137
Ch St P & Minn 1st g6s 1918
2 112
116 34
60
20
8
MISCELI-lANEOUS
Street Railway
Brooklyn RapTr g5s
1945
Atl Av Bklyn imp g 5s. 1934
City
Bk
1st con 5s. 1916, 1941
Bk Q Co <fc S con gu g 5s. 1941
Bklyn Un El 1st g 4-5s. 1950
Kings Co El 1st g 48
1949
Nassau Elec gu g 4s
1961
City <fe S Ry Bait 1st g 5s. 922
Den Con Tr Co 1st g 5s... 1933
Den Tram Co con g 6s.. 1910
Met Ry Co 1st gu g 6s.. 1911
Louis Ry Co 1st con g5s.. 1 930
Market St C Ry 1st g 6s.. 1913
Met St Ry gen col tr g 5s. 1997
Bway&7thAvlstcg5s 1943
Registered
1943
Col & 9th Av 1st gu g 5s. 1993
Registered
1993
St Pet 2d 7s. .1907
M-N 100 103 101% J'ly'01
96
F-A
120%Mar'01
119
F-A
M-N 106 % Sale 105 34 106 Ha 20 97*4 108 34
M-N
96 Oct '00
Oct
Oct
Oct
J-J
J-J
J-J
...
120
1
<fe
91%.
J'ly'01
Hi
ill '4
L S & West 1st g 6s 1921 M-N 136%
Ext & Imp sfund g 5s 1929 F-A 127%
<fc
102
Sale"
'a
Mil
Cen Branch TJPlstg4s... 1948 J-D
Central Ohio
117
118
121
loo
Milw& Madison 1st Os. .1905 .M-S
North Illinois 1st 5s. ...1910 M-S
Ott C F
St Paul 1st 5s 1909 M-S
&
1'iiJ
19
'.-I
WarmSprval
Winona
J Ugh
J
.)
teNYC&H
CedRlaF&N SeeBCR&N
nary 1
.
iof"
iiiV/'j
RD
106 34 108
Jin,
l.',iv
.
1
a
1st g6a.,1941 M-S
B s uu .'ii.. 1902 M-S
Chic A Alt kick fund 6a. .1903 M-.\
Refunding g 3s
191
07 14
96
RegUtered
1949 A-O
of $5 to £.
V 6 Trusl Co ri ci-ipts
A-O
Miss Riv H 1st sf g 68..1912 A-O
108%109%
Hallway 1st lien 3%a...l9
Registered
1960 J-J
102 103% Chic Uur& Q consol 7s. ..1903 J-J
Sinking fund os
1901 A-O
Chic & Iowa Div 6s
1905 F-A
126 126
Denver Div 4s
1922 F-A
108 109
Illinois Div3%8
1949 J-J
Registered
1949 J-J
Iowa Div Rink fund 5s. .1919 A-O
105 105
Sinking fund 4s
1919 A-O
Nebraska Extension 4s. 1927 M-.\
i'35"i3G%
Registered
1927 M-N
Southwestern Div 4s
96
99 34
192
Convertible
5s
1903 M-S
96
96
Debenture 5s
1913 M-N
93% 96 34
Han & St Jos consol 6s.. 1911 M-S
7% 10 34 Chic it E 111 1st sf cur Us. 1907 J-D
l.n iT
Small
-D
1st consol g 6s
1934 A-O
General consol 1st 5s
1937 M-N
Registered
1937 M-N
Chic& IndC Ry 1st 5s. 1936 J-J
Chicago & Erie See Erie
Chic In& Louisvref 68...1947 J-J
Refunding gold 5s
1947 J-J
LouisvN A &Ch 1st 68.1910 J-J
95 101
Chic Milwaukee & St Paul—
101*8 105
M&StPlst7s$gED.1902 J-J
102 104
lst7s £gold
1902 J-J
86 34 99
lstC&M7s
95
1903 J-J
94
Chic Mil & St Peon 7s. .1905 J-J
90 34
90
Terminal gold 5s
1914 J-J
General g 4s series A..«1989 J-J
Registered
el989 Q-J
108 108
General g3%s series B.P1989 J-J
Registered
«1989 J-J
Chic & L Su Div g 5s
1921 J-J
Chic & Mo Riv Div 5s. ..1926 J-J
Chic & Pac Div 6s
1910 J-J
97 s
95
Chic&P WlstgSs
1921 J-J
95% 95%
Dak&GtSog5s
1910 J-J
99 105
Far
Sou
assu
&
1924 J-J
101%104
g 6s
Hast
D
Div
&
1st
7s
1910
J-J
100%110
1st 5s
1910 J-J
87% 91 14
IcfcD Extcn 1st 7s
190.S J-J
LaCrosse&D 1st 5s
1919 J-J
88 5s 92
Mineral
Point
Div
5s.
...1910
J-J
91
90%
So Minn Div 1st (is
1910 J-J
Southwest Div 1st Gs
1909 J-J
Wis & Minn Div g5a.„. 1921 J-J
Mil & No 1st
L 6s. ...1910 J-D
1st consol 6s
1913 J-D
Chic & N'west consol 7s.. 1915 Q-F
Gold 7s
1902 J-D
Registered
1902 J-D
Extension 4s
1886-1926 F-A
115 118 34
Registered
1886-1926 F-A
General gold 3%s
1987 M-N
Registered
pl987 Q-F
Sinking fund 6s. ..1879-1929 A-O
130 130i4
Registered
1879-1929 A-O
129 131
Sinking fund 5s. ..1879-1929 A-O
Registered
1879-1929 A-O
Debenture 5s
1909 M-N
Registered
1909 M-N
104% 108*4
Debenture 5s
1921 A-O
119% 127%
Registered
1921 A-O
Sinking fund deb 5s
1933 M-N
Registered
1933 M-N
Des Mo <fc Minn 1st 7s. .1907 F-A
105% 109
107%111
110
106 34 Apr'01
"i
A../
l
M
fellev <fe Car See Illinois Cent
oone Bridge See Mo K & T
/
A'o
ly'ol
1
.1
Alabama Cent
-.
Jlnjli
i^-.M
1939
Beglstered
1939
gold 4%a
1992
1992
Craig Valley 1st g 5a.. ..1940
i:
hi g4a..l9
1st
tie 81
1st consol g 6a
consul
Sale
J.asl
Low
i
j-.i
2ii
yiiU
J.niige
nr
,•
1936
Gold
Hid
»..1912 M-N
guar
It
Oenl I'acilic
Charles <£ 8av
A Ohio g
Ellz Lex
1 tiese
On.Class C 4a
108%112
H'2%114%
138%J'ly'01
110 y<
Foreign Government
S ol Mexico s f g 5s of 1899 Q-J
?«inlo Securities
Alabama class A 4 to 5
JH-\
108%112
L09
108%J'nc'01
10
137% 138
138% 189
025
1
i
108%
J
s 4a coupon
S 5a registered
S 5s coupon
Jlit/li
105'j 108 '4
107%
108% 109 109 J'nc'Ol
100 109^ 108»4 J'ly'01
/•
.
Low
Week's
v. y.
105% 108*4
oca, J'nc'Ol
I
108% 107 r's
-
i
BONDS
stock exchange
Wkbk i.mum; jolt 28
Bind
January 1
i.i
107 3.,
in
Ba
J, (ist
Low
ytsh
fa
or
Weekly and Yearly
l'A(.i,»
J-J
J-J
J-J
122
A-O
M-N
M-N
123
103% J'ly '01
98
Oct '99
Apr'O)
110
106
110
125%
102% 105
123
123
.102% 102% J'ly '01
109% Dec'99
99
110
111%112%
111% Jan '01
123
103%
Dec'97
Gas and
Electric Light
Atlanta G L Co 1st g 5s. ..1947 J-D
Bos TJ Gas tr ctfs s f g 53.1939 J-J
Bklyn TJ Gas 1st con g 53.1945 M-N
e
Due May
g
Due
J'ne
h Due
J'ly
91% Oct
117
k
119
118
'98..
J'ly'01
Due Aug p Due Nov
....
s
115
119%
Option sale
July
Bond EeCOrd— Continued— Page
27, 1901.]
BONDS
rrlce
T. STOCK EXCHANGE
Week Stroma July 26
Chio St P M & O—{Continued
Friday
July -'o'
.
Nor
\Vis<
cuv Lai g 6s... 1919 A-O
Chicago Ter Trans g**.. l; " J-J
flue A West lulu fg lis.. L919 M-N
A
P
SI
oonaol
i>
2d gold 4
a
l
7a.
..1905
Sale
Hi*
(a
1937 J
J
l'.'H
.N
crsti.,1
st
SAO
M
w
i
'
i
i
.
W
InilX-
1st
!('(!
MS
B6«a
&
M-N
104
h
114*4
.--
W
:
104
Jan "01
Apr '01
loi'i
jj
140
132
Graj
loo"
97
64
A-O
>o
J'ly'Ol
iiVi'i."
Si'uV'iii
100
101
133
98
65
Sep '00
65
111
95
45Lj
100
73
88
Pale
i Sale
:,
137
(
astol
so-**
81
78
82
88HJ
82
88 34
77
83
MS
MS
145
<fc
<
120*4
....
136*4 J'ly'Ol
130 a4l40Hi
136>-2
110
loi
i;;3\>.riy'oi
1
150
110
102
112
150*4 I53>s
151
151
104 Hi
100
108
107
4
J'ne'01
112
102
102
91 J'ly'Ol
115 1.* J'ly'Ol
111
112
108 34lll
Feb'01
*
Wilk<fc Ea Istgug5s.l942
Erie <fc Pitts See Pcim Co
Eureka Springs 1st g 6s.. 1933
1st consol 6s... 1921
1st general gold 5s
1942
Mt Vernon 1st gold Gs.. 1923
Sull Co Branch 1st g 58.1930
J-D
Ev&TH
.121
HS^Jan'Ol
118'.2 119's
120-d 121
us
116
.144
120'8 Apr'01
110 Apr'01
123 34 Mar'01
107 J'ly'Ol
142 >a J'ly'Ol
A-O
J-D
98
J-J
J-J
J-J
J-J
"98 h
'86'
FA
s'e"^
95^ Sale
J-D
136!-2
L28*4 124
107 107
140 143Hl
135> 4 Ma>"01
135 Hi
1 35
98 127 95H-101 14
97
i.i
93MMaV99
85 Hi
86 Hi
82'
95 Hi "89 94
95
136HiApr'01
130'jl36Hi
1st
122
108
137
J'ly'Ol
J'ne'01
J'ne'Ol
116
J-J
121
109
May'01
Oct '98
M-N
M-N
115
A-O
,117m 115H;May'01
114
114 J'ly'Ol
J-J
FA
FA
*107
.1
A-O
A-O
A-O
M
Registered 5s
1997
Leh Val N Yl8tgug4HiS-r.no
Registered
1940
Leh VTer Ry 1st gu g5s. 1941
1041
Registered
Leh V Coal Co 1st gug 58.1933
Registered
1933
Leh
1st guar g 4s.. 19
1945
Registered
E1CA N 1st gist pfOs. 1914
ANY
Long Hock
Long Island
N
Mont
<t
1st 5s
Nor 81)
I.ouisv
L23
L26
108
107
111
192
1932
1949
1934
1st g 6s. .191
100
115Hill3
li
g6s.l930
Cecihan Branon 7s
1907
H A Nash
L Cm A Lex
I-
1
1
8
Ed
102
H: 11
-'-.
<fe
110
J-J
J-J
A-O
A-O
.
LacGasLoiStLl8tg5s.el919 Q-F
102>a
185 Hi
Deo '00
H;
96HaDeo'O0
109
asked this week,
J'ly'Ol
a
Due Jan
105
107
90
101
75
i'07"
1261*
115MH8
18
72 Hi
117
110
124 H»
119H»
115Hi
J'ly'Ol
HOHiMay'Ol
UOHjIIOH*
108MJ'ly'ol,
ill
Mar'01
112 J'ly'oo
109 Hi
HI
J'ne'Ol
109
109
96HiJ'nc'0l
95
100
121
123
101
105
109HtOd
97
67
120
.rn, nl
109
J-J
J-J
lliag
'99
101 Ha Sep '99
tOl'a J'ly'Ol
105
100
99
95
M-S
J-JJ
M-S
J-l)
99
107
loo
H..
M-S
MS
El
iio"
d Due Apr
loo
16
101
95
97
Feb '01
109 Hi J'ne'Ol
107
Jan '99
106 May'00
113
D
118*4 J'ly '01
11-1
114
101 Hi loi H;
109 H:
HO
112
111
120 '«
114Hi
113H.
118
HOHi 114*4
100 Ha Sale
KIO'.j
101
Hi
113
120 3
102
.
i
99*4
J'ly'Ol
Kin
104M
23
Dec '00
loo
L16
108
ISO
Apr'01
Jan
116
116
130
1S0«4
'98
ISO
on Next Pn*e.
and Electric Light
LH& P g 5s..
101s
mis
ill
1st
oonvg
5s. .1910
1st oonaol gold 6a..
1995
NY4QE1 LAP 1st oon g 5sl930
Paterson A P G & E g 5a 1949
PeoGas & c 1st gu g 6s..l904
2d guar gold 6s
1904
al eon gold 6a
1943
Kef
ling gold 5s
11147
CliG LA- eke 1st -u g5s L937
con G <ioi Ch 1st gu g5s '36
Eq ii A K(.'h 1st gug 6s L905
M11 Km-] Qae ut gug 5s 1017
Ti enton G A J-:i 1st g 5s 1949
t'tiea E L A P lstsfg 68.1950
Western Gas Co col trg 5s 1933
L21
'
Due Muy h Due
J'ly
k
Due Aug
Hi
llelll
.
ne'01
.
a
L07"J
-
12
1
e
105
J'ne'Ol
Oct '00
120H
J-J)
M-N
A-O
121
121
1
KM,
104
4
'-•i
i
iii""
L08
liu
(
Mut Fuel Gas Co See Peop Gas
* No price Friday; latest aid and
102 Hi Nov'00
107 J'ne'Ol
Purchase money g 4s. ..1949
94
124
1
120
L20
110
H:
MN
1st g 6S....1919 J D
gold 4 '-.s. .. 1931 M-N
1st gold 0S....193O J-J
Bi gistered
126m J'ne'Ol
107 m
69 M
69 Hi
63 m Oct oo
69
68
*
1937 M-N
1940 J-J
1940 J-J
Registered
NYG E
<fe
101
163
07 U
107 m Jan '01
A-O
1911 M-S
1 935 A-O
B 1st g 5s
192 7 M-S
1st cos gguSsc 1982 QJ
A Nashv gen
NO& M
101 J'ne'Ol
185HiApr'0]
129 Hi
123'a 123'g
i24' 8 ""l2 l'
loi
101
75 May'01
115Hi 115H)
.125
M-N
71193] 31938 J-L>
Gold 5s
Nov'97
102
124"
;
M B lstcou g 5s
Y B&
N Y<& R
94
J'ly'Ol
118
115H.
113*8
J-J
g5s.Al931 Q-J
Unified gold 4s
107*4
104 Hi.
J-J
:.
Coll trust gold 5s
193]
Coll trust 5-20 g 4a. 1903-1918
II8H1 Mar'01
113
Nov'00
See Erie
Unified gold 4s
Deln nlure gold 5s
tin*
EdElIUBkn SeeKCoEL&P
EdEIU SeeNYG&ELH&P
EqG LN V 1st con g 5s. .1932
Eq G Fuel See P G & C Co
Ga8& Elec Berg Co eg 5a. 1949
GenElecCodeb g 5s
1922
Gr RapG L Co 1st g 5s.. .1915
K C Mo Gas Co 1st g 5s... 1922
Kings Co El L&Pg5s...l937
M-S
A Hud U See Cent of N J
& Wilkesb See Cent of N.I
l.eroy A Caney Val SeeMoP
12
lOTHilllH
30
102M
Leh
121
HlHjMay'Ol
99Hi 100'v
102 Apr'01
102
I
M-S
M-S
A-O
1914 A-O
1
RUSCEULANEOUS BONUS—Continued
Columbus Gas 1st g 5s
1932
Con Gas Co See P G & C Co
Detroit City Gas gos
1923
Det Gas Co con 1st g 5s. ..1918
.
See
K <fe T
gold 3s. .1950
Kan C A- I'acinc
Kan OitySou 1st
140
108S2
65
123
108
102>HApr'0|
M
137
94
91
1951
W
Bklyn
Feb'01
90
124 May'01
90 Nov'98
128 J'lv'OI
123 7s
100M Nov'00
127
1951
1951
St I. Sou 1st gu g -Is. ...1931
1st gos
1935
ml Dec A
193"
1st guar L'old 5s
Int & Great Nor lstg6s.. 1919
1909
2d gold 5s
1921
3d gold 4s
Iowa Central 1st gold 5s. .1938
itlcrson RR See Erie
T
al A & G R See L S &
S
Lan <fe Mich See Tol <fe O C
K C <fe M R & B 1 st gu g 5s 1 929
115'.jlls-\
111
118
J'ly'Ol
MaVOl'
HS^
afempn Div 1st g4s... 1951
General gold 4s
Ferry gold 4Hi»
Gold 4s
115M.
123
108
FA
J-D
1951 J-D
Registered
Loa
i
90M Apr'01
100
3».
i'l"3Hi!
MS
Gol(13'-jS
123
L08
USHiJ'nc'Ol
.
101
5s. ..1951
Registered
in;,
100 107
115Hill5H!
FA
J-J
94
107
100
101 V()et '99
1923 J-D
g 48. ..1932
Stl&NOg
1st con
1st consol gold 4s
J-J
J-J
M-N 122^123
A-O 104^2
A-O 137 34
M-N Ill
L02
l.eh
Gas and Electric Light
Ch G L C Co See P G & C Co
Purchase money 6s
1997
EdElHBkn lstcong4s 1939
1951
Gold guar 5s
"90
loi
123
W
m^Apr'Ol
M-N
M-S
98
L951 J-J
1951 J-J
L951 J J
3H»8
I
105
100 Hi J'ly'Ol
Registered
1950
91*4 Kansas Htn See St 1. & S F
85
no 115M Kentucky Cent -See L & N
Keok <fc Des Mo See C R I & P
Knoxville & Ohio See So Rv
Erie &
Istg5s..l937 J-J
Iake
J 2d gold 5s
1941 J-J
112 115
North Ohio 1st gug 5s.. 1045 A-O
L Sho & M iih S See N Y Cent
112'ill2'-2 Lehigh Val (Pa) coll g 5. .1997 M-N
92 m Feb '98
HS'aMay'Ol
MS
105
Hi
102
102
J-J
M-N
M-N
W
lnc
150
117
112
»
J-D
J-D
MS
MS
104*4
'.
idi
1950
card A Shaw
19'-.
iii"' 8 i"i'i"H
-..
102
111
112
...1.1
107 Hi
Jan '99
J'ne'Ol
Jan '00
105
105 Hi.
illi
Registered
1
!
33 Hi 130'-
j
l.-)2'.i.riy'01
151 Jan '01
111
M-N
N
MS
MS
1
,
\|,rol
L02H»Apr'98
1952 A-O
1952 A O
Registered
Bellev & car 1st 6s
i'l7^ 17\
145 '-j 147 Hi
»b
M N
1
*ib"5M"!"
•
JJ
H
A-O 115
:i5Hi
Mar'00
13'-.
1
FA
'
147 Hs May '01
'01
150
116 J'ne'01
122 J'ne'99
ill J'ly'Ol
112 J'ne'01
102 Sale
108 34
115
AO
US>a
1
1
1961 J J
1961 J-J
1961
1951
1951
Spring Dlv 1st g3Hi8... 1951 J-J
1951 jj
lered
Western Lines 1st g 4s.. 195)
140
nil's
I
lOS^a Oct
U7»8 May'0]
iii'hs'.
Hj
Oct '98
lWa J'ly'Ol
'00
lis-^
1947
2dextgold5s
1919
1923
3d ext gold 4 HiS
1920
4th ext gold 5s
5th ext gold 4s
1928
1920
1st consol gold 78
1st consol g fund 7s
1920
Erie 1st con g 4s prior.. 1990
Registered
1996
1st consol gen lien g 4s. 1990
Registered
1990
Pen n coll tr g 4s
1951
Buft'N Y<fe Erie 1st 7s.. 1910
gold
Buff&
6s
1908
Small
1908
Chic & Erie 1st gold 68..1982
Jeff RR 1st gu g 5s....al909
Long Dock consol g 6s.. 1935
Coal <fc RR 1st cur gu 6s. 1922
Dock & Imp 1st ear 6s.. 191
Y & Green L gu g 5s. 1940
Small
1940
MidliltofN J 1st g (is. 1910
N Y Sus & 1st ret 5s. 1937
1937
2d gold 4 His
General gold 5s
1940
Terminal 1st gold 5s... 1943
Regis $5,000 each... 1943
SW
.
Registered
<fe
.
So PaoCo
95 J-J
Set
ii
Registered
-
in
107
100 Hi
106 Hi Sale
See So Pac
Tei
•'<
Ltegistered
12034 Apr'01
13S Jly'Ol
101 Bs Muv'01
.
162^
1st
Registered
Minu i'ceStPM&.M
Erie 1st ext gold 4s
101
98m
Hi
L999
J
ext g 4a .1948 A-O
L921
Midland DivregSs
Louis Dlv gold 3s. ...1951
.
1Jast Ten Va & Ga See So Ry
Elgin Jol & East 1st g os. 1941
Eliz Lex & B San See C & O
Elm Cort No See Leh N Y
97
OS'i
81
111'' 1 -!.
1986
.
NN
Registered
a Tei gold 4s. ...l'.i.v; M-N
l, n
1953 M N
Registered
Cairo Bridge gold 4s....l95(
Det
W
s
'-
Dlv gold 3 His. 19
1953
Registered
133 %
5s. ..1928
M <fe Tol See L S A M So
Dct & Mack 1st lien g 48.1995
1995
Gold 4s
Dul A; Iron Range 1st 5s.. 193
193
Registered
1916
2d 6s
1 928
Dul Red
<fc S 1st g 5s.
Dul So Shore & Atl g 5s. .1937
103
Oh Hi N
99 Hi J a ii oo
Pi uii
S|
Uinois Central 1st g Is.
l.nui
Denv& R Grist coug4s. 1936
1st g 5s. .1917
See
gold 3' v s
lered
1st gold 3s sterling
lered
Coll Trust gold 4s
1
82
FA
Rens«fc Saratoga 1st 78.1921 M-N
Registered
1921 M-N
Del Kiv RR Bridge See Pa RB
DesMoiUnliy
KM
i
i
1st
129 -May*01
it
RioGrSogu See Rio Gr So
Des Moi <fe Ft D See C R A I P
Des M <fc Minn See Cli «fc N \V
•
I
a Tej
iioiist
1
Su8l8tcougu7s.l90t> A-O
1 9i
A-O
190(1 A-O
Guar gold 6s
1906 A-O
Registered
Improvement gold
so
ly '01
l
i:
w
Q.J
Alb<fc
Consol gold 4 His
ml
1
Registered
a il V
oust i. a
13s
180
133
133
98
65
127
FA
Registered
lo-l
«N\ Cent
Co
Term $M
•
i
,
I
1916 J-D
1915 J-D
N Y Lack <fe 1st 6s. ..1921 J-J
1923
Construction 5a
1923 M-N
Term <fc improve Is
Svr Bing<8s N Y 1st 78.. 1901 A O
Del & Hud 1st Pa Dlv 78.191';
1917
101
5s.. 1929
St* Bo Ry
s. i
-
.1
a (J coll tr4s 1921
an A St Jo SreC l(
IIlousatonlc
SmN V N 11 A- ll
Hock \ .0 L at oonaol » 4 H»a. 1999 J-J
Nov'99
I
1st consol guar 7s
R< gistered
ttered
1
gu g
a N..r
Pi
'a
J
J
100
'
ci'-'i
1st
(.rami Rap A
Muy".i'.'
J'ue'OI
J
f6s
id
L02
.i
1
W
\o
i,
,
J
J
18821a! 5a 1913
ol
tolflo
;'-'i
.rn. 'HI
.1
1941
;
II
i
-
1
A
II
99
li
.
•
Har
Idl
<fc
.
a Rio li
<al
>al
/
I
Hock Val See Hock Val
>m SeeN A W
Colt
Conn a Pas Riva 1st g 4s. 1943 A-O
& Gt So 6Ve C M A St 1'
Dak
alias al Waco 5m m k a t
Del Lack & Western 7s.. .1907 MS 120k.
M-N loO's.
Morris & Kssex 1st 7s. 1 9
1871-1901 A-O
7s
Col
115
113
131H; UlSgJ'ly'Ol
J-J
1947 J-J
gold 4s
i
j i>
1
Colorado* Son 1st g 4s. ..1929
Coluii) A Green v .See So Ry
1918
[930
L943
.
10b
i
1st gOs....l'.i_'l
1st |
"
•"
a Den C
\v
i
I
'00
99
102
103
99
100
104
ji>
j
si
114
J
J
.'.
SeePenn RR
938 J-J
Mahon Val g 58.
1938
itered
Clev A- Pitts S«« l'etut Co
Col Midland 1st g 3-4B....1947
Lai
i
o'OO
t
L03
ioi^ioss
J-J
a Marietta
Clev
104
Hi
103
1990 Apr
g 58.1933 A-O
. .
'99
J'ly'Ol
1st pi 6s. ..41938 a-
[noome is
Lor A \VU oon
Cl
i..
(i,
11-1
102
Baal 1st oon la. ..1940
o it
1
100
1
O
15
13
t
l-t
i
—
•
Jan '00
1
M N
M-N
M a
sv< i'h
1st consol 5s
.
.
0(
1(13
LIB
'
W
(
lis
LOO
i
Stli
u. id a Mali
See n
QeralgAa.. 1993
Cairo Dl\ lit gold Is.... L939
Cln
A M i>iv Ut g 48.1991
St I, l)iv lat 00] ir g 4s.. 1090
1990
Registered
Sot I Col Dlv 1st g4a.. L940
\v
Val Dlv Lai ;••.. .1940
oonaol 6a.. L980
SI i. a
fcl9S6
1st gold la
fcl930
il
Cm s .v 01 oon 1st g5a.. L928
1914
oonaol a
a
1914
Oonaol sink fund 7s
n, mi oonaol gold 6a. 1934
193
stered
Cln
O
\
L926
.
118
<fi
<t
8o
a
i, a
Pi m 1st | 6s
land nr ell void 5«
onsol gu
il n Co 1st gl'.-s
1(17
gl932
General gold 6a
West Mich i;> 5a. .192] J D
Chic
.J-J
.01919
ChooOkA G gen gea ..
Cm H
In
98
•
I
I.
I
!
Auk
Mar'01
iia"
iae"
8
/
J(
!,|\.,
High No
Utt
J
J
N V
or
.su/tf
Ask Low
Bid
Ut
-.11-111
Last
BONDS
mge
.'»
Range
175
2
L09
o
Due Oct
110
J
J'ly'Ol
.
eb'Ol
.
i
104
107
107 Hi Jan '01
Due Deo I Option ;ale
fl
Hi
..
^
Bond HeCOrd— Continued—Page
17K
BONDS
STUCK
Y.
ST.
\\
i
x
Kmuxi; JUL* 28
i.k
A
-\-
N.isiiv
U 2d
'1 a.
Penaacola
Continued)
1980
i
gold 8a
gold 6s
i>.\
I
Jd gold 3h
nl irold Is. 1987
Kentucky
-i
i.a \ a Si a m
L945
\
a- s 1st gu g .->m...i(i:;v
ah
a g 6s.. 1921
Pens a
8 a x \i.-i con gu g 5s.. 1936
!i
I
.
i'
i
'•_•*
\
i-i.-i
i
i
sink
I.A
fiiinl
goU6a
Bdgi
logn
Jefl
L x a a Cn
Million CoaJ
i
Set
See
I.
mi.
is
b
i
s A
1
N
Mil
W
Ai St
Minn &
Ch
-see
1'
L 1st gold 7a.. 1927
1st gold 7s
1909
1st gold 68. ..192]
South West Kx 1st g 78.1910
1st consol gold 5s
1934
1st and refund gold 4a.. 1949
Minn & St L gu See B C R A X
& P 1st 5s stpd 4s int gu 1 936
St
Kx
M
MSSM&A
1
g4
st
'126%.
J-J
99
M-S
109%
I' A
K-A
K A
112
int
.
1
I
i"
iv<;'i
Jan 'M
•
63% Oct
1
lie
in'...
Mi
r.i'...
L2e>4 126*4
'00
1
nl
"I
.
III.
,M.
.
118
Apr'01
1
i
96»4 li>2
lo»2 12
I
1
I I '2
1
l2%May'01
MS
98
H
1
110
100
Mar'01
1011
J
gu 1926
& Neosho 1st 7s. ..1903
Mo K & E
1st gu g 5s
Missouri Pacific 3d 7s
1st consol gold (3s
ioi%i05*
'.oi'vJ'lv'Ol
;
111.".'
M&
A
W
Mob &
.
114', J
'lv
84
33
86
82 4 Sale
30%
N
.Mont
A-
si
1
Bhore
gu
ID.','..
I"
l'i:.'i
Ku A A
22% Sale
00
1
1903
1007
22
J-D
M-S
85
1.1
Aue
•J.".
J-D
J-D
105
26
i'.^'i
21
91*8
85
23
86
J-D
.150
J-D 119
134
A-O
J-D 120"
120
M-N
M-S 10438.
119
. . .
g3%s....l998
Registered
1908
Beech Creek 1st gu g 4s. 1936
Registered
1936
1936
2d gu gold 5s
Cart & Ad 1st gu g 4s. .. 1981
Clearfield Bitum Coal Corp
lstsf intgug4sser A 1940
48
.Tin"!
lL'il'-Apr'Ol
122 "a Veil 'M
123*2 123*2
122*2 122*2
117 Mnj-dl
1043s 104 hi
116*2118*2
97 105
'JO
102
98
lo::»-iApr'01
96
98
97
83
Sale
84
106
103
93
90
Apr '01
0734
9G»8
8234
84%
102 J'ly'01
100?8No¥'99
100 Mar'01
105
106
103^ 1H3 L2
96*4
75
97
M-S
M-S
F-A
F-A
J-J
F-A
J-J
A-O
A-O
98
997
87
106
f
99 100
106
99 34 105 78
87*2 91
90>2
90hi
103*2
96
10:;
.1
1
NYNH&Har 1st
121
107
107
Sale
off
No price Friday;
11 5*2
'2
11034
'2
111*4
'S'2
-117
108%..
MS
]'>3*.j
I'ly 01
Mar'01
119
j'ne'01
106*2 Nov'UO
127*2..
O-M
1
120
A-O
1.
1
'2
117%
it/
S 6%
102*2
lis'21 19
131%
110
110
i5%M»yoo
122*2 MaV"0i
126*2--
127
113
107*4
10 Oct '00
107 >* J'ly'01
106 J'ne'01
.".
h"
16%
'j'ii'e'oi
Apr '01
J
j
J
22
!
•*
125% 128%
J'ly'01
Apr'99
107
107
100
107
115
116
MayOl
1
203
200 203
'H
133 H
ri
.
.
M-N
M-N
Sale
Y&N
J-J
J-J
NT*
N YO& Wref I8tg4s..firl992 M-S
Regis
104
01992 M-S
1941 M-N *112*4
1931 M-N 130
g5s
W
F-A
193
006
000
1022
4s 1989
V&
1
1
97*2
129*8 130
121 J'ly'01
J'ly'01
J'ly'01
J'ly'01
95
116
101*2Apr'01
132
133
latest bid
Sale
115
113
J'ly'01
111
111
Dec'99
130
116
Dec'99
103% 104
'72*2 Sale
See G1
Nor
102
ll^',
16
1 36
133»c
133*4
1
111
107*2 107 *2
09 103*2
103
103%
103*3 J1y '01
72
72»4
131
132
106
103*2105%
103
131
131
J'ly'99
122*2 Feb '01
118
73%
72%
-114*2.
.
115*sll9
l
110*4 112*2 J'ne'01
95
75
100
131*2
122 *2 122*2
111*2 117
102 106
112 J'ne'01
106 3
88 34 May'OO
115 aJMy'01
111
101
hio River
1st g 5s. 1936 J-D
General gold 5s
1937 A-O
Om<& StL 1st g 4s
1901 J-J
Ore & Cal See So Pac Co
Nav See Un Pac
Ore Ry
& Nav See Un Pac
Ore
Ore Short Line See Vn Pac
Oswego Rome See
C
RR
112
112%
Dec'00
Apr '00
&
NY
teC&NW
Coast Co 1st 5s.... 1046
&
O C F & St P
104*2
104*2 108
104*-.
107 7s
IOT'js J'ne'01
107
108 3sJ'lViU
109*2 Mav'01
104 J'ly'01
105*4 May'Ol
109*2 Sep '97
103*8Apr'Ol
108% 1103.4
100*2 109*2
104
105
106 *2
106 34
102*4, 104 'e
102*4 102*4
101 1033e
95
99
04*2
97*2
97*2
94
96
111
96
Mar'01
Mar'01
97
112*8
J'ne'9s
g
J-D
See Mo Pac
1st s fund g4*28..1917 A-O
Sink fund subsidy g 6s.. 1 1 M-N
Penn Co gu 1st g 4*28
1 92 1 J - J
109
Oct
'99
117
J'ly'01
114
113
J'ly'01
111%115%
117
108
111
May'Ol
Dee'00
102
105
110% J'ly'01
112 115*4
110*2114*2
M-S
&
A-O
C
Registered
1932 A-O
C1& Pgengug4*2sser A .12 J.
Series B
1042 A-O
Series C3*2S
1948 M-N
Series D 3*2S
1950 F-A
102 Nov'98
122*2 Apr '01
122*2126*8
3*28 coll trust reg.1937
St L
P 1st con g 58.1932
&
Pitts
Series C
Erie
gug 3 *2S
120*2.
12134
107%
jo
109
J'ne'01
105% 109
111
116
B. 1040 J-J
55
104%
10134
Nov'00
week,
a
Due
Jan.
e
102
Nov'00
C Bdge gen gu g 4 *2S 1 045! J - J
St L eon gu g 4 *28—
Series
19401 A-O
Series B guar
1942 A-O
Series C guar
1942 M-N
Series I) 4s guar
M-N
Series E 3 *2 guar a
1949 F-A
Pitts Ft
C 1st 7s.. .1912 J-J
N<fe
PCC&
A
W&
114
106*4 106*4
.
136% Apr'01
.134
A-O
.
07
.135
130*iApr'Ol
130 Apr'01
.!
00
::
i
!136*i
'128%
136%
136%
on Next Page
pur m 5s. 1040 M-N
Sun Ck
g s f 6s. 10] 2 J-D
Tenn Coal T Div 1st gCs.al017 A-O
ltoch A Pit C
1
113
J'ly'01
116*2 Feu'01
106*4 106*4
97 Mav'01
1912 J-J
'(1912!
...
114% 118
117%
116*2 116%
114*2 J'ne'01
Coal and Iron
Col Fuel Co gen gold 6s.. .1919 M N 106%
Col F & I Co gen s f g 5s.. 1043! F-A
108
De Bardel C&I See T C 4 i
Gr Riv Coal A C 1st g 6s.. 1919 A-O
Jett'& Clear C A- I 1st g 5s. 1026 J-D
2d gold 5s
1926 J- 1)
Pleas Val Coal 1st :r a I 5s. 928 J-J
&
106*4 Feb'01
106
106
95% Jan
107
80
105
1
.
106% 106%
96% 108
'97
May'97
May'97
Oct '00
I
Coal 1st
104% Manufacturing
. .
109
10S
111
109
109
107 34 10734
105 Feb '00
104
105
110
112
103
104
103% J'ly'01
100
104%
Sale
Industrial
5s 1919 M-S
1915 Q-F
Cot Oil ext 4%s
32
Jan
(O
J'ly'01
J'ne'01
'00
ifc
Amer Bicycle s 1 deben
Am
63
Oct '00
1940 J-J
Birm Div 1st consol 6s. .1017 J-J
Cab C M Co 1st gu g 6s. 022 J-D
De Bar C & I Co gu g 6s. 1910 FA
Wh L E <fe P C Co 1st g 5s. 1919 J-J
104%
121
.
1
111
112
1021 J-J
Kegistered
3d7s
100% 102
110*2 110*2 J'ly'01
103*2 107*4 102
101
111 113 112
Guar
J'ly'98
100% Mav'01
100% Oct '00
this
131
131
97%J'ly'0U
Nor Wis See st P M & O
Nor & Mont See N Y Cent
See C C C & St L
OInd &
127 34
95
and asked
2 110*4 112*2
112*4
May'Ol
J'ly'03
9934 102
2d7s
1909
108
99 34 J'ly'01
J-D
F-A *104%105
110
197
136
StPaul-Dul Div g4s.... 1006 J D
Registered
D
1
St P & N P gen g 6s.
A
Registered certific's. . 1923 Q F
127*2132
StPaul&Dul 1st 5s. ...1031 F-A
121 130
2d 6a
1917 A-O
87*2 967e
lSt COnSOl £TOl(14s
ions J-D
94*2 96
WashCentlst g4a
1948 q-M
110 116 34 Nor PacTer Co 1st g 6s. .1933 J-J
100 101*2 Nor Ry Cal See So Pac
127 34 J'ly'01
96
96
111
106
J-J
110
16 103*,
...
107 'a J'ly'01
100*2 101*2 100 J'ly'01
J-J
Panama
F-A
96
F-A
J-J
J-J die"
J-J
104
101*2Nov'98
102
60*2
72*8
Pac
ac of Missouri
104%....
104
102
196
196
134
72%J'ne'01
A-O
407% 10*8
Jan '00
Apr'01
131% Apr '01
A-O 130
A-O 102
A-O
W RR
'.
196
Feb'01
134'a 134%
112-4
133*4
. .
J-D
96
•:
Q-I
<r_!(i[7
CB&Q coll tr 48
110*4 J'ly '00
96
95
96
116*4 119
Feb'01
109 *«
107
W
M-S
129% Sale
106
.S'ee
<fe
Registered
J-J
J-J
Sale
N Y & Put Sec N VC&'ll
N Y & R B See Lon Island
N Y S & W See Erieg
N Y Tex M
So Pac To
N
102
202
114
110
Scio
M-N
N E 1st gu g
100 100
North Illinois ,S'<?e Chi A N YV
106 107
North Ohio See L Erii Aj'ne'01
113 115
112%
J'ne'01
Northern Pacific
116 Sale
Prior lien ry & 1 gr g 4s. 1997 Q-J
llS^a 86 114 119
114*2116*2
116*2 J'ne'01
Registered
1007
13 84*4 96*4
91*2
91 Hj Sale
General lien gold 3s
92
2047 S-v
Dev Co gu g 5s. 1900 J-J
Coupons
10
IDS
1
I
1
I
--
10% 111
L940 J-J
1
107
114
Coal and Iron
Cah Coal Min See T C I
<fc
IO
J'ly'01
1940 J-J
Convert deb certs $1,000
Small certs $1 00
Housatonic B con g 5s. 1037
N H <fc Derby con g6e..l918
N
E lsi 78..
1905
1st 6s
1005
North Sen X v c: A II
Nor<fe South 1st
MetT&T
N
C& I ext 1st con g 6s. 1902
116*2
15,111
*2
1
131%J'ne'01
127*sNov*00
110 Mar'01
1st exl."is. '(1022
11034 Norf & West gen g 6s
117
Improvem't & exl g Os.
110*2 125*2
New River 1st g 6s
100*2 109*2
& Ry 1st con g 4s.
Registered
26 103 110
C C & T 1st gu g 5s
110
110
115% 114 J'ne'01
13
12134 123
Sale 106
107 107
110*2...
Cable Co 1st g 4s. .2397 Q-J
Registered
2397 Q-J
Erie T & T col tr g s f 5s.. 1926 J-J
lstsf g5s
1918 M-N
Mut Un Tel Co See Westn Un
Y & N 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*28. ..1950 M-N
Mut Un Tel s fund Os.,.1911 M-N
Northwestern Tel 7s
1904 J-J
C
1
1
3a 1989
$5,000 only
J-D
Comm
Col
Col
i
IVOl
lOVjMar'OO
m-'tjMuy'Ol
NYLiick&W See DL4W
N Y L EA W See KmN Y & N k See N v x ir & H
MISCELLANEOUS BONDS—Continued
Clearf Bit Coal
*2
;.i-'i
1
J-D
N Y<fc Harlem g 3*aa.-20O0 rM-»
2000 M-N
Registered
North lsi g5s...l927 a O
TelegrapU and Telephone
&R
See N Y C & H
1
J
1
l-'-A
Oswe & K 2d gu g 5s. .el
RW&OT R m 211 g 58.1918 M-N
Utica& Blk Riv ten g Is. 1022 J-J
N Y Chic 6c st 1. lsi g 48.1937 A-O
1037 a-o
Registered
147*2147*2 N y a- GKreenw Lake See Erie
119 122*-. NY&Har See N Y c A 11 ml
M-S
M-S
M-S
J-D
J-D
102*4 Jan '01
M-N 101 Sale 101
101
1023 Aug'99
M-N
"97" Sale 97 4
1 998 F-A
97 34
1998 F-A
97 J'ly'01
coll
.1
1031
1031
%
J-J
J-
..1884-1904
1884-1904
of... 1880- 1904
Debenture g 4s. ...1890-1905
Registered
1890-190
Debt certs ext g 4s
1905
Registered
1905
of.
1
.
A
I
1982
NY*
147% Feb'01
'-j
.
J-J
190: J-J
199 J-J
1997 J-J
Registered
Regist deb 5s
I
KiO
I.
112*2
112*4
D
L902 M-N
(ol
letered
May'00
.
1
1909M-S
)(>
i
.riv'ol
J'ly'01
.
*2
1
:_•-
6s
5s
82*4
*2
1
J-J
1
.
HR 1st 7s. ..1903
Registered
1906
7.s.
11 2
ion
>- a B
gOs L918 )
nt In! consol 7n. 1902, M-N
.,11
t
.1
1
MW
T&P
Registered
lsi
J
J
1
1
I
llnih
Ifo
v66
O
1
RW&Ocon
J-J 127
1928 A-O
1st consol gold 5s
Jasper Branch 1st g 6s. .1923 J-J
McM
& Al 1st 6s.. 1917 J-J 'iis%!
Branch 1st 6s. ...1917 J-J
Nash Flor & She! See L &
Gold mortgage 3 %s
-I
1
-
I:
.1
loo,
Tol
A-
'•
\
..2361 J-J
onsol 2d 7h ion:; .1 d
Million C'l
Pitta McK A
Midi
iy
1
,/
A O
J
:
.1
& Essex See Del L & W
NashChatA StLlst7s.l913
N
New H<feD See N Y N H & H
N J June RE See N Y Cent
New & Cin Bdge See Penn Co
N O & N E prior lien g 6s j>1915
N Y Bkln & Man Bch See L I
M011
9 16
1
'.(•ii
in.".',
JH'/l'
1
1
lO-i, F
1993
iris
g 6a.
1
Lake Shon
80*2
A«k Low
1
ms
Jniiii.i
'
19
i
.
nye
Since
-I'lc'i
'Range or
Salt
^.'6
1st 4s..
rii
1:
J12'2
Morris
g 3 %s
nn g4a.. 1001,
-i
1
I'-n-'l
nv '. (1
100
J
.
.
.1
in..-
104
83
90% J'ly'01
J P Morgan & Co ctfs.
Montgom Div 1st g 5s. .1947 F-A
St L & Cairo gu g 4s. ...1931 J-J
Mohawk & Mai See N Y C & H
Monongahela Riv See B & O
Mont Cent See St P M & M
Morgan's La & T See S P Co
coll
,
O
Ohio new gold 6s. .1927 J-D
1st extension gold 6s..'tl927 Q-J
1938 M-S
General gold 4s
Registered
.1
Nor
114*4 117*2
01
\I-S
Unified & ref gold 4s. .1020 J-J
Registered
1929 J-J
Verdi V I &
1st g 5s. 1926
Miss Riv Bridge See Chic & Alt
Mob & Birm prior lien g 5s 1945
Mortgage gold 4s
1945
Mob Jack & KC 1st g 5s. 1946
1
July
26
.iit.y
DcomeSa
.1
115
A-o
1942 A-O
1900 M-N
1920 M-N
Trust gold 5s stamped. <zl917
Registered
«1017
1920
1st coll gold 5s
Kegistered
1920
Leroy&C V A List g 5s 1926
Pac K of Mo 1st ex g 4s. 1938
2d extended gold 5s.. .1938
Sgen con g 5sl 981
St L Ir
Gen con stamp gtd g 5s 1931
Mich Cent
1
N
N
.
\i
McKc
MK&TofTlstgug5s.l942 M-S
Slier Sh & So 1st gug 5s. 1943 J-D
Kan C& Pac 1st g 4s.. .1990 F-A
Lake Shore
\<.i:
x
2d guar 6a
J -J
J'ly
J'ly
01990 P-A
1944 M-N
Boonev Bdg Co gu g 78.1006 M-N
Dal & Wa 1st gu g 5s. ..1940 M-N
Debenture 5s
,'.
a
1
I)
2d gold 4s
1st ext gold 5s
NY' Cent*
1
Bid
'.on
Hon
.
.
j
i-.mv.
1-1.
High
in'...
1
00
Lie
(i
MStP&SSMcong4intgu'38 J-J
Minn TTn See St P M &M
Mo Kan & Tex 1st g 4s. ..1990 J-D
Tebo
:
I
&NW
M
M & St P
Iowa Ex
Pacific
A./
II -i/li
Wi
I
id
i
mm
si.
mi'
119%
MS
MS
MS
1990 A-O
1990 A ()
L908 J -J
*_'< I
I
A
Bid
J -J
I.
January
'
is.
i
I
<'.
-----
,
N. y. BTOi
Hint
Gold 3*28
g 6s
Man s
Ooloniz g 5a ...1934
MoK'pl A n \' See x > <''in
Metropolitan El See Man By
old 4a. .191]
Max cent
kI oon801
ocome ^ 3s c
oonsol Income a, 3a. .a
191
alp a cull gold ."is
2d series gold 5 s
1919
Mrx n (tiki 1st con g-ls. 197 I
Mes Xai latgold6a
1927
2d iuc Us A <')i .st mpd../( HI 7
2d inc. inn gold 6a B...A 1017
Hi'x North lsi gold 6a.. ..1910
Registered
.19X0
V Cent
Mich Cent See
,,i
\ .; See Erie
Mil Ii 8 &
See Chic A N \V
Mil A M ml See Chic
Mil & North See Cfl
& St P
1
an if,-
>
1.
a-.
1st
W
!
L910 A
anhattan Rj oonsol
Registered
McIiii|mi| El
BONDri
11..
l'.Xdl A
fVoL. LXXIII.
3
Due May cDueJ'ne ADueJ'ly
j>
Due Nov
78
100%.
*
Option
102
sale.
75
99
82
102
July
Bond Record— Com hided— Page
27, 1901.
EOT LNGE
I
ASk
real est g4a.l92SM
sterling k lis ...J
Pean RB hi
n
Mar
ifi
R
i;
N
1st -
r
K 4%*..
11
l-t g
9..1
121
3.
Can
b
M.u
'i
ml guiu
19
n ^old Ik Hit guar. .1921
ra 191 '
c.,io..,l k ils
IX)
112
112««
117
1
1
Mi
-.
j
.Nash
oonaol gold 5a
Huron Div i-i
•-
5s
gu
gu
\
1st
.il
ran'01
Ocl mi
lul
1
1',
Ore a Cal
8
12
1
AAA
18
\
O
'•)-<
J
J
...19
(m
1st
J'I\ 'Hi
137
1st e is
1
Ill
!''
1:
14
;>s...
J
19
\
O
a Asu
Rig
\
1st
Co gen g
Begiaterea
Benssi lax & Sat
con 58.1927 M N
is
1997 J -J
S
n
a
•
I
KichA Dan See South By
Rich
Mock See South)
1939 J-J
Blourv.
La
tfc
A-O
A-O
Consul ami ool trust 4s .1949
tahCenl lai gug4s.al9l7
Bio Or June 1st JTOgSs... 1931
1940
BiogrSo 1st gold 48
1 940
aaranteed
t
<fc
....
L8%
95
Hj
90
J'ne'9'i
117%
J'hc'ol
J'lv'97
'
118
Sale
ioi%J'iy'Oi
96 J'uo'01
97
95
1
U2
92
1
-
2
1
',
"9
92
12
88% Sep '00
83
>a
82% J'ly'01
92%
92'i
84
92
9
'
a
1
StLKC&N
See
A
1931 J-J
1931 J-J
97% Sale
J-J
75ia 76
139
114
111%
11
Ill
114%
136%J'ne'01
115
115
127%
Snub
112^119
s y ra Bi n g <fe
100
100
102'4
100
97 h
75 »a
May'01
Apr'01
J'ne'01
J'ne'00
J-J
J-J
J-J
J-J
J-J
J-D
1938 J-D
See Nor Pac
& S'x City See CStPM A
S Fe Pies A Ph 1st g 5s. .1942
A& A
See So Pac
Sav F
&
11878 Feb'01
139
139
137 34Feb'99
114
114
i'26'
i'2*2"
120
Apr '99
104
Jan '01
138
May'01
Apr'97
J'ne'01
Co
112 J'ne'00
12G 12Jan , 00
123 Dec'99
128>-2.
94% Feb '01
IOC, v
i
W
Seab& Roa
NE
See
s7
Feb '01
Jan '01
91% J'ne'01
W
1926
Nor &
1st 5s
91% 102
96
97
Car Cent 1st con g 4s. ..1949
Sher Shr <fc So See M K & T
Sil Sp Oca <fe G See Sav F &
Sod Bay & So 1st g 5s
1924 J-J
So Car & Ga See Southern
Southern Pacific Co
2-5 year coll tr g4%8
1905
Gold 4s (Cent Pac coll).fcl949
104 34 Feb'98
124
121
Lew
Ac
fife
126
Penn
RR
eiAof
st
100
St
1023.J
Tex
82 '4
118%118%
142
113 34ll6'a
L16%116%
116 120%
LOS
107%
106
lOG^HO
St
Ll8tg4
'.
85%.
117%.
92
9()i.j
Sale
99
92
1
-.
29
!
124%
109
111%
106
110
115%J'iy'01
113
115
115
116
115
116
120%
1
121
Hi.J'ly'Ol
Dee'00
109%
i-j
Oct
Jan
'99
'99
120%
j'ne'01
Sep '00
J'ne'01
117
Jly'00
116
Mar'01
91
'a
J-D
115%.
112%.
1911 M-N
118%
99
% Sale
115% 116%
Mar'01
115
115
104
Feb '01
104
104
99% 99%
94
32
91%
*
85
84
L16%120%
119
96%
111
113
114
107
114
no
Lie
116%May'01
115
118%
99%
90
llo%lll
117%
113
113
115%
J'ne'01
J'ly'01
J'ly'01
J'ly'01
J'ly'01
103
91
94
90%J'ly'01
85
85
98%
98%
95
99
86
94
92
'4
%
73
100
2
10i;% 108%
100% J'ly'01
L03% 105 139 103% lo7
100%
104
106% J'ne'01
L03 129
107 % Sale 105% 108
106%
104
Sale
110 Apr'01
OreRy&NavlstsfgGs 1909 J-J
Ore Ry & Nav con g 48.1946 J-D 102% Sale 101% 102%
3
1'jT'j
Ore Short Linelstg6s..l922 F-A *127 4 128% 127
132 140
1st consul g5s
1946 .l-J 117% Sale 117% 117' 4
100
Jan
'01
^eji
Non-cumincA 5s
M94G
117%J'ne'01
Utah & Nor 1st 7s
121 122
1908 J-J
113 Mai'01
Gold 5s
1926 J-J
TTni N J RR <fe C Co See Pa RI1
Utah Central See Rio Gr Wea
Utah& North See Un Pacific
ctK-H <fe Black R See X Y Cen1
\rer Val Ind &
104 104
See Mo P
'irginiaMid See South Rv
118
1939 M-X 117%U9 IIS
1st
gold
5s
Wabash
113% J'ly'01
2d gold 5s
1939 F-A 112 11-1
lllll
IK
99
Debenture series A
193! J-J
GO
62 Ka Sale
SeriesB
94
94%
1939 J-J
110% J'ne'01
Det & Ch Ext 1st g 5s. 1 9-1 J-J 108 34
106%109%
98% 1
Dea Moin Div 1st g 4s. .1939 J-J
87
87
110 J'ne'01
St Chas Bridge 1st g 68.1908 A-O
91% 91%
Wash Cent Bee Nor Pac
Wash O &
See Southern
119>4
.lldh 119
WestNYA Pa 1st g 5s. .1937 J-J
110
110
105%
4
!
126
115
106
117
LIS
;
i
130
121
106
119
113
W
117
120%
10S
114
102%
10
7o
111
110
112
119
95
100%
31
40
.
W
No
Car <SV.< South By
W< Bi shore See N Y Cent'
Cent
Va
& P 1st g 68. .1911 J-J
60 96% 101% Wheel's A LE 1st g 5s.. .1921, A-O
Wheel Div 1st gold 5s. .195 J-J
83
95%
ten dc Imp gold 5s. ..1930 F-A
1st consol 4s
96 111
1949 M-S
Wilkes 6c East See Erie
ll'3'-i
21 100
Wil A: sioux F See st p M <fe M
est
3% 89% Winona A St P See c A N W
Wis Cent 50- vr 1st gen 48.1949 J-J
11
99%JTy'01
A-O
£1943 Nov
194:;
40
W
OS^
121
113',116%
J
109
.
J-J
2000 J-D
?2000 Mar
1931 J-J
LaDivBLUtg 5s
193.-, J-J
Tol& O Clstg5e
..1935
A-O
Western Div 1st g 5s.
1935 J-D
G eneral gold 5s
Kill) ct M Istgug4s....l990 A-O
TolP& Wist gold 4s. ...1917 J-J
Tol St L& Wpr lien g 3%s. 1925 J-J
1925 A-O
50-year gold 4s
Tor Ham & Buff 1st g 4s.ftl946 J -I)
Ulster <fe Del 1st con g 5s 1928 J-D
11 Pac RR <fe 1 gr g 48. .1947 J-J
1947 J-J
Registered
\\
98- !j Sale
17%l2n'4
117
121
83
109
11 5%
MR
1905
126
121
11
1
By—
1
:i
109% Sale
115
M-S
1
See So
Pacific
B Div 1st g 68
1st gold 5s
2d gold inc 5a
<fc
95%
121
J'ne'01
102
LM BgeTergnPac Co
&NO
120
120
Mar'01
KtlUJ'ly'OO
aS..1939 A-O
894-1944 F-A
g 5s. 1930 A-O
con gold 5s
lie
01
118
118
119 34.T'lv'ol
114 4J'ne'0:
111%
N
gold 3-4s
Income 5a
85 Nov '99
111 J'ne'Oi
102"8 103'4 102^
]o;c,
99 78 J'ue'0o
"87aa" 8*784 87 »a
87%
Registered
fcl949
\V 1st gu g 5s
1941
Cent Pac 1st ref gu g 4s 1949
Registered
1949
Mort guar gold 3 %s.. A- 192 9
Registered
fcl929
A.-
Gen
W
A A- N
L
Falls <fc Nor 1st gGs. 1939
Slat Isl Uy 1st gug4%s.. 1943
Texas
106
See
...
1
126%
1931 M-s
Spok
1
71
Apr '00
1934
St John's Div let g 4s... 1934
Ala Mid 1st gu gold 5s.. 1928
Bruns<fe
1st gug4s.. 1938
Sil So Oca& G gu g 4s. .1918
<fc
115
N Y See D L & W
rpebo&N SeeUK&T
951410m.
128
140
115
122
1st gold
Scioto Val
Ms
192(1
1st lien convert 4s
g 58.1919
W5s1st gold 6s.. ..1931
1
.
76
lOGWne'Ol
M-S
.
P
SF& NP 1st sink
1
97^4
St
S
I
'00
116
11G
lOS^J'ne'Oi
106 May'01
J-D
A-O
A-O
A-O
A-O
1937
E Minn 1st div 1st g 5s. .1908
Registered
1908
Nor Div 1st gold 4s.... 1948
Registered
1948
Minn Union 1st g 6s. ...1922
1937
Mont C 1st gu g 6s
Registered
1937
1st guar gold 5s
1937
Registered
1937
Will& S F 1st gold 5a. .1938
& N Ala
114%May'01
HO^Apr'Ol
gold 4s.. ..1937 J-D
Nor Pac
112^ 8
W
<fe
112
J-D
A-O
Registered
Registered
118
1936 m-n
1936 M-N
lstey gu 4s. .1924 F-A
1st con gOs.. 1914 J-J
West NO
1
100
M-N
J-J
J-J
to
gold
Reduced
4%s..l933 J-J
1933 J-J
Beglatered
1910 M-N
Dakota ext gold 6s
<fc
116
A-O
A-O 100
A-O
J-D
M
P
F
112 May' 01
114%J'ne'01
102% Oct
J-J
Gray's Pt Ter 1 st gu g 5s 1947
St Paul & Dul See Nor Pacific
ife Man 2d 0S...1909
St Paul
1933
1st consol gold 6s
Registered
1933
St
132
115
A-O
F-A
StLSW
st
K
Series
W
KH
1
St lies
10%
J'ly'01
cm
119
M id aerl) 4-58.1921 Ms
Virginia
Wabash
1987
Ul trust gold 5a
Pierce C
O 1st g 6s.. .1919
gold -Is. .1990
St L<fc S l<"
Cent Div 1st gold 4s. .1929
Northv Div 1st g 4s. .1930
Southw Div 1st g 5a. .1947
1937
Kansas Mid 1st g 4s
St Louis So See Illinois ( lent
1st g 4s bd Otis. 1989
2d g4s inc bond ot£a...j>1989
ext
89 H3 98
P
8tL<&SFran 2dg6sCl A.1906 M-N 114
1900 M-N 114
2d gold 6s Class B
1900 M-N Ill
2d gold Gs Class c
Mont
J'ne'01
120
J
N
1927 A-O
BiCbi Meek 1st g 4s.. .1948 M-N
So Car A Ga 1st g 5s.. ..1919 M-N
5s
5s
General 5s
(luar stamped
StLMBr SwTHHAofStL
General gold Gs
General gold 5s
J-J
D.bf.s shunned
97
112 1*
]
.[)!'
95
118%
6s. ...1915 J-J
sink fund g 5s. .1909 .MS
Equip
110
.1
116
115
03
Dan con g
i;i(ii,t-
'
>4
117%.
A
\i
2
ioo^i ;;;;;
1
1990 A-O
Ohio
St L * Cairo See Mob &
St LA- Iron Mount See if
116
J-J
J.J
J-J
J-J
J-J
.1
1
ii%
1922 J.J
Ga Pac By IstgOs
Knox A Ohio 1st g 6s.. .1925 1 -J
105
soio
1
(is
119
1
Apr
1938M-S
leied
Feb '01
LOB
I
I
!
1994
4% 5s.. .1990
1990
lered
1918
AlaCi n K 1st g6a
19 is
ah a Danv 1st g is
All A; Vad Istgguar4s.l9r.i
1m
1916
6a
Col a (ininv
\ a A Ga Div g 5s. .1930
l.
1956
Con 1st gold 5s
1938
E Ten reor lien g 5s
Beglatered
Mem Div 1st g
;
100% 101
SagTusAr II ,sY.
1st g s 6s. .1913 j.j
alt Lake
8t Jo AGrlal Lstg3-4a..l947 J-J
St Law A Adirou 1st g 5s. 1990 J-J
3d gold
—
i
99
11
Borne Ws1
120
1
N
1905 L931
Stamped
9 PaoofN Hex Lai g
19
1st
go
4a
g
I'oa-t
S P
l-'-A
A X 11 1st 7s
S*blne Div 1st g 6a. ...1912 111
::
.l-J
I'-'i
c.n goi.t 5a
199 J-J
Sou hern— 1st con g 58
K A- P
N vCcnt
I'll.- Marq
See
Pitts
1
D
J-J
j-j
i ;
Boch
100
srov'98
J'U '01
100
2
121 % Mar'01
95
Lag
92 Apr'01
JJ
1997
a
191*.
gold os
'9
iai
98
99
100
j -J
1:;
1917 J-J
ertfa
1'
ruts
194(1
1st:
Lai
I
'AH
.1
.
1st
-
35
-1
1
Nov'9'
107%O.t
I''-*
1st a -Is
125
Pa
Pol Cal
8
LIS
W
st
11
SoPofArgulal g0scl909
1
1U>I
:
.
I
11
181 H Is
R 6s.... 19
>N
I'm, Creek reg guar 6s. ..1932 J
Pitta Cln & si 1. See Penn Co
o
Pitts ClevJl To! 1st
a Cli S'ee Pi on Cu
Pitta '
1922 .1 -J
gold
<*1928 A-O
Pitts a I. Brie 2d g Ba
i
Cen
\
N
a
See
1'iiis McKees
F 1st gold 5» ...1911
I' A
1st consol gold 5a
A
A
1920 -J
1912 A (1
1st :
l
N
.1
P M g6s.l920 A
1939 M
i-'.v
N
M-N
1
!
inc.
ri'l'A SI I,
un 1st g 6s.. ..1921
Per* m.u.i
M
.
;
Lia" j
J
"921
l't
\
>,.
.,
i
J.m
12
1
4B...1986
I
I
M
I
mil
iS
\
•
IM
102
1,.
liH
.1
a
llai
1943
i:.\
Sun £ Lewis
i
UiU
nl919
Consol gold La
Alleg \ ';ii (-' » -"
CI
nnur.i
-1910 F
oiithern Pai
liiyli
1919 M-
red
iti
High
.v
LOti
I
Consol gold oa
v
OK
I
'
Con corn
B<
/,.
Jul >i 36
Hid
.1
.'
V
\
Bang* or
Friday
I.NM.Mi JULY, 26
,.
177
ltOM»-
BONDS
BTOCK
N. Y.
4
109%
1
1
1
Mar'01
113% Mar'01
113% 113%
115%,7'lvo;
113
May'01
111
lll'i
112
112
112
'-j
92
S3
88
Sah
I
j
93
93
16
92%
5t51-j
87%
.
MISCELLANEOUS BONDS-Concludrd.
Manufacturing;
&
Misccllaiicoii*
Industrial
Am Hide& L 1st 8lg6s..l919 M-S
Am Spirits Mfg 1st 66.-1915 M-S
Am Thread 1st col trg48. ..1919 J-.l
Bar& S Car Co U1 g 6s.. .1942 -J
Graiuercy Sug 1st gold 68.1923 A-O
111 Steel Co deb 5s
1910 J-.l
Non-con v deben 5s
1913 A-u
Iut Paper Co let con g 68.1918 F-A
Knic Ice(Chic)lst g6s..l928A-0
Nat Starch M Ig Co 1st g OS 1 920 M-N
Skgfunddeb 5s
1925 J-J
Stan Rope
IstgOs. ..19li. E A
94
.1
1
&T
1
Income gold 5a
19401
TJS Leath Cos f deb g6s.. 1913 M-N
110
B6
82
90
3't
78%
95*
79
96% Bklu Ferry Co 1st con g 6b 1948 K-A
7b% 85
90
100
100%J'ne'01
loo
1 00
111
111
95
64
Sale
ill
93
J'ly'01
'-j
A.-
46%
110
98
72
6
12
113
115
HobokenLA
91 \
I
rt
Xi-ws Shipbulldina
Dry Dock 5a
N ^' A out Land
St
•:
'104
105
105
105
104
109
113
I
90
l
I
l
111
n
1st
gOs.. L910 F-A
A
J-D
Wat Co eon'g 6a.. 1923 J -J
\ al Wat Works 1st 68.19
Vermont Mar 1st sf 58. ..1910
bid and asked. oDueJan oDueFeb (iDue Api g Due J'ue h Due J'l^v A; Due Au n Due^Sep
Adams Ex col tr g 4s
194SMS
Am Dk & Imp 5s See Cent N J
Mar'01
..
dl990 J-J
Ti-r CujipU-sStafn
Prop
o 1st g4%s 5.20 year.. 1917
1.
111
gold 58.. .1910 M-N
1st, 6s
1901 J-J
Lsl g 6s. .1919 M-N
Man BchHAL gene 4a.. 1940
1-2
91%
.
70
1
Iron steamboat
.Mad s<| Garden
'
MUcellaneous
H
1st 58 tr ells..| ....
JC«6 St Yard col s 5s. 1915 .1 -J
l"i M iv
\-0
Id gr 3'-s S A. 191
Hack Wat Reor 1st g58..1920 J-J
II. nd 1! Co lei
.193 M-S
Aug'oo
62
W W
1
111
L08 '.'
96 J'ne'01
9
113
l'.kln
M
Jan ill,
*90" 105
99%Apr'ol
99 Jan '99
98
60
95
s Viiba
101
Bp
L13%J
1
|
*
[
No price Friday;
latest
fa'
jp
Due Nov
2
1> U,;
DlC »OptlOB
THE CHRONICLE.
178
Securities
i'-»H
Volume
TRANSACTIONS AT TIIK
DAILY,
Week
t
ml in a
NEW YORK
Monday
Tuesday
Wednesday
001
500,482
46
481,819
(34,4 12,400
78,41 1.950
.+
65,929,600
19,593.200
1,617,600
42,081,950
1
.sin If.
V 8
Bonds
Jlondt
1,151,500
2,279,500
1,512,000
1,833,500
L,654.500
$4,000
1,000
+ 1,000
500
$5,000
January
July 26
1 to
1900
1901
71,656,579
3,201,300
190,501.150
1,455,100
$31 4,970,700 $137,89o,95o $18,043,01 1,975 $0,882,024, 162
Par value
$75,650
Bank shares, par..
$120,975
$2,500
Stocks—No. shares
$5,000
8,851,500
$94,000
50,000
5,515,500
$1,311,270
2,141,900
680,980,500
$5,304,710
1,489,400
303,205,800
$8,858,000
$5,659,500
$G84, 439,670
$309,949,910
State bonds
UK. and mis. bonds
Total bonds..
1,500
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
EXCHANGES
July 26
1901
Tuesday
Wednesday .
Listed
shares
Unlisted
shares
13,989
25,212
21,404
12,395
15,485
22,708
4,331
111,193
Total
10,524
6,831
4,477
3,244
2,392
31,799
1
Si k 1987
Philadelphia
Bond
sales
$22,000
51,500
31.000
26,000
71.800
24,850
227,150
Vnlistril
Listed
shares
shares
3,285
11,058
19,994
19,489
17,688
21.751
25,142
1.038
8,970
3,852
4,005
7,248
31,398
115,069
Bond
sales
$90,400
60,300
02,500
78.400
39,800
35,650
j
I
1
$373,050
II
brongh Mfg Co 100
Claflin 'II 1;. 1-1 pref loo
loo
2d |in I' in
405
<
34
110
106
67
102
1
i
no
Emp* Ray State Tel LOO 75
Erie Teleg & Telep Bee
oston
Franklin
loo
45
Golil & Slock
100 117
4*2S, 1905
Hudson River Toleph loo 120
International ocean. loo 116
Mexican Telephone,
Bet
New Eng Telephone
Bee
.
Atlantic
25
Providence Telephone. 50
Southern & Atlantic. 25
Tel Tel & Cable of Am. 15
40
I
20
Hock Coal* I
I
I
Bosto
122
170
112
78
96
100
4
103
103
101
101
100
pf 100
60
1917
14
Compressed Air Co... loo
ulld Car Heating loo
56
ol Flrew'ks com. 00
10
100
00
Preferred
Consol Rubber Tire.. 100
100
Preferred
olidated Tobaeci
Corbln Cabinet Look. 100
Corbln ip <V; Pi Co. ... 26 1100
iiAKu Rldirloo
Crucible Steel See?
f.'ni
A-
65
I
»
I
88
07'*
300
i
Diamond Match Oo
100
100
100
100
1 00
Boat
Preferred
Eh cine Vehicle
Preferred
Empire state Sugar..
1915
1
17
42
7
45
8**
18
15
.1
loo
loo
4*2
100
1*2
6
40
l",
100
100
on
100
95
110
120
3
10
loo
44
46
1st 6s 1922
Herring-Hall- Marvin 100
1st preferred
100
2d preferred
100
95
100
list
M-N
5s 1910
I26>a International Elevat.100
Internal Pow Co pref 100
Internat'l Pump <S'eeStk
Internat'l Silver See St k
1-li
68 1948
Lib" Iron Steamboat
26
106
110
150
71
124
1
Pr< ferred
Ha'. ana Commercial. 100
Preferred
list
H kr-Jones-Jew'l M ill
50
119
125
118
list
.
Ms
•>
30
45
5
Hoboken Land & ImplOO 110
n
John B Stetson com.
.
Preferred
Companies
60
102
pfd
175
110
85
6
1
17
07
1
Preferred
General Carriage
General Chemical
Preferred
Gorham Mfg Co com.
10
110
11
Northwestern Teleg. 60
N Y& N J Telephone 100
5sl920
M-N
.
'oiiiinnii
Empire Steel
00
BellTelephol Buffalo 100
Centra] & So Amer... ion
dies* PotoTeleph.. loo
5s 1909-29
J
Commer Un Tel (N Y).25
Electric
a
LT.
hi Inc...
lat Os
& Telephone
Amer Dist Telegf N Y)
&
A
22
j.
'i
i
I
Pacific
Bid
.
<
20
1922
\
9 1 02
103
Laclede Gas 8eeH Ysik Kxeh
Lafayette
nd)
1st Oh 1024
M N
43
52
Logansport A \\aii Va
1st 8a 1026
40
J-D
62 2
MadiM.ru Wis) Gas—
1st 6i 1926
?107>2 109 U
s
Newark Gaa Dm 1944. Q-J } 1 40 111
Newark Oonaol <..^.. 00
68
68 1948
M> J106 105 84
A C See B oaton
otfc tndCon Nat* ill loo
27
1st 8l 1926
J-l
60
Providence Gaa
50 t 90
SI Joseph (Mo) Gas08 1937
J
? 95
06
St Paul Gas Murk.... 100
86
General 5s 1944.. .M
87*2
Syracuse Gas stock.. 100
15
90 '2
1st 5s 1940
J
92
Western Gas Mil v.
07 100
Os See N Y stock Bxcli Ust
I
'1
Chateaugay m
Chea A
72
102
O (101
\
Industrial and Mlecel
hi I'n v. '.1
1 com .100
loo
Bd
100
1
Boston
Weekending
80
.">o
M..\
Kansas city Gas
Tele«r
BONDS
Government bonds
Ask
l:.,l
itock
1920
i
$8,851,500
1900
1901
•;«
1
.stock
Exchange
i
i
">s
020,500
Week ending July 26
Sales at
lat
>
3.201.130 $81 1,976,700
Total
<tc
Bonds
J'nr value
347.194
792,703
Saturday
ndla
<
llailrnad
ii
.Sim
i
Jackson Gas Co
STOCK EXCHANGE
WKKKLY AND YEARLY
.Stocks
J hi 'JG
1901
New York
Exchanges
of Business at Stock
rvoL. LXiiii.
Exch Ust
list
94
96
2*a
t
00
10"
125
118
1
Lanston Monotype..
13 78
Lawyers Mort lnsur.lOo 185 200
Eddy Electric Mfg Co. 25 t.
loo 100
110
Lawyers' Burety
Edison El 111 Co
N S Stock Exch Lawyers' Title Ins... loo 300 82S
Edison
El
111 Co Brk N Y Stock Exch Lonllard (P)pref
loo
120
Securities
7*2* 10
Edison Ore Milling Colo
8
11
Madison Si| Garden. .100
Electro-Pneum'icTranlo t 1*4
1 34
2d 6s 1919
M-N 50
76
For Weekly Review of Outside market See 7th Page Preceding.
General Electric Co N Y Stock Exch Markeen Copper
10
3'sDo pref See Boston list
21
28
Mex
Nat Construe. pfloo
Street Railways
Street Railways
jj,-<j
]:;<!
Ask
Bid Ask Hartford (Ct) Elec Lt 100 190
Monongahela R Coal. .50
NEW YORK CITY
Narragan (Prov) El Co 50
40*2 4 Tit
93
Indianapolis St Ry S-ie Phila Ust:
Preferred
50
New York & Queens Elec
20
23
J C Hob & Paterson..l00
Bh>eckSt& Fill F stk 100 32
36
Monongahela Water. ..25
Light & Power Co. 1 oo
82*2
20
22
loo
100
lstmort4s 1950.... J-J 101 1041-2
4sgNovl 1949. ..M-N 8 81
Mosler Safe Co
Preferred
08
74
National Carbon
ie>s
Lake St (Chic) El stk. 100 12*2 13
100
B'way & 7thAvestk.l00 244 249
100
10338 Rholsl Elec Protec Co 1 oo 119
SO
Preferred
Deb 5s 1928
J-J 103
lstmort 5s 1904. ..J-D 101*2 102
100
Storey General Elec. .10
15
29
Louisv St Ry 5s 1930 J& 8118 120
110
16
Nat Enam'g<fe Stamp 100
2d niort 5s 1914
J-J 108
17*2 20
United Electric of NJ100
87
Lynn* Bos 1st 5s '24. J-D 8113*2 115
Preferred
89
Con 5s 1943 See Stock Exch list
70*2 72
3
4s 1929
Nat'l Gramophone
1 0(
Minneap St Ry 5s See Stk Exch list
B'way Surf 1st Gsgu 1924 8114 116
Exch
New Orleans City By 100 25 28 Unit Elec Lt & Po Co. 50 See Ba It list National Salt See N S
2d 5s int as rental 1905 8104 105
National Surety
100 145
Preferred
Cent'l Crosstownstk.100 255
100 100 103
Ferry Companies
30
35
New Central Coal
M-N 8125 130 North Chic Str stock. 100 195 200
IstM 6s 1922
20
19
Brooklyn Ferry stocklOO
22
CenPkN&ERivstklOO 208 220
1st 5s 1906-16
J-J
N E Elec Veh <fe Trans 1 o
*t
91.1
B 1st 6s 19.11. J-J 113 114 N Y Auto Truck
100
J-D 104 106
North Jersey St stocklOO
22
26
Consol 7s 1902
1's
Exch
list
85
80*2
81*2
Con
5s 1948 See Stock
N Y Loan <fe Imp
100
Christ'r&lOthStstklOO 175 185
4s 1948
M-N
Metropolitan Ferry 5s... 108 110
Biscuit 6s 1911. MS 114*-2 116
Pat Ry con 6s 1931.. J-D 8126 130
Col* 9th Ave 5s See Stock Exch list
N Y & E R Ferry stk. 100 69 71 N Y El V Tr ($20 pd)100 11»4
Dry I) E B & Bat stk 100 120 125
2d 6s 1914
A-O 8103 106
97
118
1st 5s 1922
M-N 8 96
Rochester Ry (new). 100
25
29
N YBealtv Corp
1st gold 5s 1932. ..J-D 115
100 150
N Y & Hoboken stk. 100 82 84 Nicholson File Co 100 125
Scrip 5s 1914
F-A 101 103
Preferred
84
100
HobFy 1st 5s 1940 M-N 8113 115 Ontario Silver
10
100
Eighth Avenue stock 100 400 410
Con 5s 1930
A-O 111 115
Tim
33
Con 5s 1946
90
92
J-D
Otis Elevator com
Scrip Os 1914
F-A 105 109
2d 5s 1933
J-D
36
98 100
97
New York * New Jersey
Preferred
100
113
42d&Gr St Ferry stk 100 390 400 So Side El (Chic) stk. loo
26
105*2
'JO
1st
107
70
100
5s
1946
J-J
Brewing
StN
Ave
100
65
Syracuse
Rap
102
Pittsburg
42dStM&
Tr 5s 1940
60
'a
45*4 45»4
75
80
17*2 10th & 23d Sts Ferry 100
lstmort Os 1910... M-S 112*2 114
Union Trac(Chic)comlOO
16
Preferred
50
30*4
1st mort os 1919. ..J-D 8105
108
99 101
2d income 6s 1915. .J-J
Preferred
60
Pittsburg Coal
ItH)
.,100
9334 94*4
39
40
loo
27*6 27«8 Union Ferry stock. ..100
Unit Rys (St L Trans) 100
Preferred
Lex Av <fc Pav F 5s .See St k Exc list
173
M-N 8 95
78*4 79
1st 5s 1920
97
Ninth Avenue stock. 100 198 205
Preferred
100
Pitts Plate Glass
100 171
Second Avenue stocklOO 212 215
Gen 4b 1934
J-J 8 88*2 89*2
Planters' Compress See B oston list
80
90
lstmort 5s 1909.. M-N 8107 109
Unit Tr & Elec Prov) 1 oo 109 110
Pratt & Whitu pref.. loi
Railroad
loo 340
F-A §118 119
Consol 5s 1948
West Chicago St
Procter & Gamble
100 100*2
4*2
6
Sixth Avenue stock.. 100 215 217
Cong Os 1936
Preferred
M-N 8100 102*2 Clue Peo & St L pref. 100
100 205 208
98
107
Prior lien g 4 *2S'30M&s 8105
Royal BakPowd pref. 100
Sou Boulev 5s 1945. .J-J 8111 115
Gas Securities
Con mtg g Os 1930. J&J
90
92
So Fer 1st 5s 1919. ..A-O 8108 110
Rubber Goods Mfg See St ockEx
NEW
YORK
f
Income Os 1930
14
17
Third Avenue See Stock Exch list
RusseU & Erwin
160
00
Deuv & So stocks See S tk Ex list
Tarry
P & M 5s 1 928 105 108 Cent Union Gas 1st 5s... 8109 110
Safety Car Heat <fc Lt loo 150
95
YkersStRE5sl946A-0 104*2 107 Con Gas (NY) stock N Y Stock Exc
5s 1929
Simmons Hardw com 100 165 170
. J-D
12 1
145
28th <& 29th Sts 1st Os '96 110 112
Kquit Gas con Os 1932 See Slk E x list Ft Worth &"RioGran!lOO
Preferred
100 130
35
Twenty-Third St stk. 100 400 410
Mutual Gas
Pitts Bess & L E
100 141
50 t 34
2d preferred
100 305 315
106
240
Preferred
60
J-J 103
74
1 00
Deb5sl906
New Amsterdam Gas—
50 t 71
Singer Mfg Co
4*-.
Union By 1st 5s 1942 F-A 115 117
Standard Milling Co. 100
1st consol 5s 1948.. J-J 108
108*2 Seaboard Air Line See B alt list
18
22 *a
Westchestlst5sl943J-J 110 113
Preferred
NY Elec Lt Heat&Power
100
73
70
Gold 5s -Sec N Y Stock Exch list
5s
BROOKLYN
Industrial and Miscel
Standard oil "of N J 1 00 760 767
N Y <fc East River Gas—
226
Aberdeen Copper
Atlan Ave 5s 1909. .A-O 8107 109
1st 5s 1944
J-J 8113
20 t 24*4 051.
B^ Stand Undergd Cable loo
115
Con 5b g 1931
A-O 113*2 115
Consol 5s 1945
Sloss-Sheliield See Stock. Exch list
Acker Mer & Condit...6s 100
J-J 108
112
32
Stock
list
Exch
list
0(
5
Impt 5s See
Exc h
Nor Un 1st 5s 1927. M-N 108 110
Araalg Copper See Stock
Standard Coupler com 1
126
100 120
Standard Gas com
Preferred
5s 1933. .A-O 103*2 105
Am Agric Chem See B oston list
100 130 132
70
Brooklyn City stock. 10 242 243
Preferred
58
Stillw-Bier & Sin V pt 10)
Amer Bank Note Co. ..00 54
100 100 155
10
8
50 t
Con 5s See Stock Exch list
1st 5s 1930
M-N 116 117
Am Bicycle See N Y'Stk Exch list Storage Power
24»
105
24*4
109
Bkln Crosstn 5s 1908. J-J 104 107
com...
Co
100
American Can
100
Swift<fe
f
OTHER CITIES
74»4 75 H*
102 »9
BknHgtslst5s 1941 A-O 104 106
Preferred
1st 5s 1910-1914. ...J-J 8101
100
Bkln Q Co & Sub See Stk Exch list
Baltimore Consolidat See Bait list
81
86
Tennessee Copper.
American Chicle Co.. 100
t 18*2
19*a
3
Bklyn Bap Tran See Stk Exch list,
79
81
9G*a
Bay State Gas
°8
Preferred
100
Texas & Pacific Coal. 100
50
4
3
9*2
8106
110
Graphophone...lo
S
Coney Island &Bklynl00 325 330
Binghamton Gas
Amer
1st
6s
1908
A-O
100
27
31
4
Ist5sl903
J-J 102
103
Preferred
6.s 1938
10 t 10*4 103. Title Guar & Trust. 100 010 535
A-O 94
96
8*2
9*2 Trenton Pottery com 100
8
5scrtfsindbt 1903..J-J 101
105
Boston United Gas bonds Bos to n list Amer Hide* Leather 100
62*2 67 'a
loo
Brk C <& N 5s 1939. J-J 1 14*2 117
Preferred
Buffalo City Gas stocklOO
7*2
Preferred
100
31
38
6
GrStifeNewlst5s'06F-A 104
Stock
Exch
list
Trow
Directory
new.
.100
1st 5s bonds
See
6s
73
8 72
lo
Gr'pt <&Lorimer St 1st 6s 106 109
Chicago Gas SeeNYStk Exch list
Amer Locomotive See Stk Exch list Union Copper
Kings Co. Elevated
Cincinnati Gas &Elecl(>o 103*2 104
Amer Press Assoc'n.loo 80 100 Union Steel & Chain. 100
100
80
Preferred
100
1st 4s 1949 See Stock Exch list
Col Gas L & Heat com 100
American Screw
80
88
67
68*3
.Nassau Elec pref
100
82
85
Union Switch* Signal 50
Preferred
Amer Shipbuilding. 100 37
38
100
105
A-O 113*2 114*2 1st 5s 1932
Preferred
50
5s 1944
Preferred
97
87>a 90
J-J 8106*2 108
100
99
60
62
96*2 97 V Consol Gas (N J) stk. loo
J-J
Union Typewr oom.,100
1st 4s 1951
Am Soda Foun com.. 100 3
12
15
119
121
-Nru-Wb'g&FUstexIVs 106 108
1 00
45
1st pref erred
1st 5s 1936
52
l0(
JJ
79
1 st preferred
81
-teinway 1st 6s 1922.J-J 8119 120
2d preferred
100 116 118
Consol Gas (Pitta)
100
8
12
50
2d preferred
8i
7
Preferred
50 185
195
American Surety
U S Cast Iron Pipe. ..100
50
OTHER CITIES
35*4
loi.
Preferred
100
24
Bonds 5s
Amer Strawboard
32*4,
Cotton
Duck
100
31%
.hi Halo Street By
Coiisum Gas (J City)
F-A 100
Bonds 6s
yS
90*4 91 '4
Preferred
100
118*4
1st 6s 1904
1st consol 5s 1931.. F-A 8117
Am Typefo'rs stock.. loo 55 69
M-N 8103
60
Detroit City Gas
Deb 6s 1917
A.O 8106 107
Amer Woolen See Stock Exch list U s Envelope com... 100
50
70
82
1'-.
95
Preferred
100
2
hicago City RK stk. 100 203 205*2 Detroit Gas Bet N Y S1 k Exch list
Amer Writing Paper. 100
39
Glass
common.
;iovol.uHi City By.... 100 100
100
ll
S
..lOO
102
Essex & Hudson Gas 100
Preferred
U
9 "a
33
35
Preferred
100 140 145
leve City 1st os 1909. J-J 103*2 100*2 Fort Wayne (Ind)
J-J
05
70
5s 1919
loo
leveland Electr Ry.100
75
85
D s steel Corporation See Stock .Nell
80
81
1st 6si925
Anthracite Coal
J-J
00
50
..100
20
Universal Tobacco.
15
'on 5s 1913
18
105*2 107
Grand Rapids Gas
106
Barnev* Sm Car
55
Preferred
57
100 125 127
100
ulumbus (O) St By. .100
1st 5s 1915
46
Preferred
45
F-A 8104 105
10
8
Preferred
Hartford (Ct) Gas L...25 t 48
50 145
Va Coal Iron & Coke. 100
100 102 104
Bliss Company com
50
40
45
olum By con 6s See Pli ila list
50 135
5s 1949
Hudson Co Gas
Preferred
1.100
32
33
Brake.
.50
184
rl82>-.
Westingb Air
(Jrosst'wn lst5s'33.J-D 8110
386
113
5s g 1949
102*4 102^4 Bond* Mort Guar... 100 360
14'8
14
land Rapids By
Indiana Nat & 111 Gas
Brit'h Columbia Copper 5 t 13*2 14*4 White Kmdi Mining. 100
100
26
31
Worthing Pump pref. 100 109 113
100
98 102
Preferred
1st 6s 1908
81*2 82*2
100
M-N 46 50 Celluloid Co
Allegheny Co Lig'tColOO
NY
165
170
10
Outside
t
.
1
-.
.
*-!
NY*
NY
1
(
W
.;
.
! .
,
BBA WE
. .
. .
. .
1-
(
•
.
MS
(
«
MS
i
I
•
8
Buyer pays accrued
interest.
1
Price per share.
July
27, 1901.
THE CHRONKJLK
J
L79
Boston, Philadelphia and Baltimore Stock Exchanges— A Dailv and Yearly Record.
tbtre Price* -Not Per Ceulun* Price*.
181^ 187*
840
103
1W
187
358
•1H5
•338
310
338
103',.
.08
106
23-1
IH8
105
"...
13-
'; •
857
886* 368 388
188
187* 187* '185
338
103
103
•04*
6
36)4
"85*
36
86* 8^*
8S* 38*
«3*
3M«i
03
38*
38
01
US
143
86
•33
as
S
03
S«
*
14
8i'
71
10*
37*
2«*
88*
87 15-16 fr*
Si*
27* 87*
86Vt
47
48
71*
1**
37*
35
88*
4*
88* 07*
1O0J^
88*
8 J* 89
37* 87* 87* 87*
18* •18* 10*
»0* »»* 06* 05*
•89*
113*115* 110*
•8w»»
J0
80
03
*
iVs'ii
•23*
65
37
•48
»«
03
186
03
80*
5*
116
*
301*
•
Bid
Si.
80
88
88
*
*
18-
37 6-16
83*
1-18
776
83
65
v.
770
«7*
87
60
48
37
48
69
60
6
11
6
770
3 7*
•48
18*
69*
133
•66
765
760
•
ao isle w,
iskedprlot
INACTIVE STOCKS
made
[
Amer.Rallwaji(PhiJ) 60
All A Charlotte(Balt) 100
Bo* A Maine pf.(Bo»t)100
100
Boiton A Ptot. "
"
100
Central Mail...
"
100
Pref
OOBnAPaiium " 100
Oonn River.... " 100
0on*olTrPitt*1(Phll) 60
"
50
Prefl
8>a South A Fla. Bait) 1 00
"
100
l»t pref
"
100
Sd pref
S'rmant'n Paii(Phll) 50
60
He*tonT
"
50
Pref
"
100
Indi Street
160
93* 92*
134
89
39
8*
8*
5*
8*
116
13
18
79*
•7
..
78
78
78
385
69
97*
MAT"
81
147
78
87*
KC
Ft 8 AM..(Bo»t)100
"
100
Pref
Little Sohaylk.(Phll) 50
Main* Central. (Boit) 100
Mlnehill ASH. (Phil) 50
50
Keeqnehon'g V. "
"
60
Kortb. Penn....
83
"
100
(anrenthaier . (Boit) 100
"
10
<«s Telephone
Pref., asst.pd
"
1
....
75
Pere Marqu'te.(Bo*t)100
"
100
83
Pref
Phil derm A N.(PhU) 60
"
50
95
Phlla. Traction
Ryi Co General! "
>*
"
100
N
J
United
86
OnPowA Tram "
113
West Bnd pref.(Boit) 50 111
We*tJerA8S.(PhU) 50 63
50
We*tNYAPa. "
81
Wli Cent, new.(Boit)100
81*
"
100
41
43
Pref
Wor Naah A R. " 100 180 110
Federal Steel
6
5
7
2*
8*
25
98* 08
Palmetto Co.... (Phil) 85
*
61* 63
Parrott8UACop(Bo*t) 10
Penn KleoVeh. (PhU) 50
"
60
Pref
115
Penniyl Salt... "
60
Pennayl 8teel!. "
....
84
"
100
Pref!
49
"
Phlla Co.
50
18
••
e
Plan tenComp!(Bo»t) 100
174
"
85 170
Qulnoy Mining.
4
85
4*
Rhode III Min.. "
5
Santa Yiabel G "
*
« • • • •
•
i
i
6
Susquel AS!.. (Phil)
Tamarack Mln.(Boit) 85 345
8*
Tidewater St. (PhU) 10
Torrington "A" Boit) 85
"
25
Pref...........
25
DnCopLAM'g "
.
UnKlLAPowpf
Coal
"
17
1
89
7*
'
H
8*
8*
85
»*
8
50*
60
Bonds— Boston.
Bed Tel 4i.. 1908 J A.I flOO*
ATA8Fgeng4i.'05AAO {ldl*
Adjnitment g 4I..1905
06*
{116
i 86
I 60
BurAMoRlrex'pt6i.JAJ Ill7
.
32*
48
08
87
100
87*
8*
7
38
78
93
ISO
*
DiamStateSt(w.i.)"
10
Domin Coal pf. (Bost)100 114*
8*0*
Dom Iron <fe S.lf "
80
Eawton Con EL (Phil) 50
1W*
Edison El 111 (Boat) 100 350 858
ElecCoof AmU (PhU) 50
1
18"
Franklin Min'g.( Boat) 25
17
" 100 387
General Elect..
850
" 100 360
Pref
" 100
"<*
Ind-Egyp Com
"
IntBut
10
1
IntSP&Dynam(Pnll) 50
Isly RoyaleU..(Bost) 25
41*
Manufao Hub.. (Phil) 60
"
Pref
50
I
{
4* Boiton Term'l 3*i. 1 947
BoiDuGa*lit5i.'30JAJ
Vfi"
1939 JAJ
2d M5*
3i
62
ru
88 12U
37*
110
62
30
2b*
806
260
77*
13*
88*
1
84
1
70
87*
Apr. 18
17
88
Apr 21
Apr. 80
June 18
81
Jan.
Jan. 23
75
80
10
UH
nb.
1
8,31
8,8tl
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Mar.
Jan.
Apr.
16
16
Apr. 83
1
-
8w
15
06
17
80*
30
4
May
1
July
1
Jui.e 11
May 1
June 18
it-
81
8
May
50* May
May
May
144
1.0
H
7
41 305
213* Apr. 80
9,018 60 May
81
Apr 38
48,3X8 13* Jan.
< 34 1-iejune 4
6.021 38 8-16Jan.35 40Si Jute 17
12,816 19 Jan.
l 80 7-18May 1
t
1,860
8,64 6
0*
21*
78*
85,835
3H
1,980
83
Jan. 8!
Jan. 31
Jan.
4
Jan.
84* June
463
78
30* June
64
81
Jui.e 81
138* May
90
37
If
8
May
1
Jan.
8
18* Mar. 80
15* Mar. 15
0** Jan. 8
W
}
00
Domin Coal lit6*.'13MAB {110
ItO
111*
M 6i g.'06 MAS
KlkAM Y lit 6i '33 end
{ill's 113
2137
Fr
Umt'p'd lit 6i.'38 AAO {180
ica
IUln Steel oonr Si.'lO JAJ {101
102
Debenture 51.1913 AAO {101
106
ECC* 81it5ig.'25 AAO *
KCFtSAG Ut7i.'08JAD {114
:aifn
lit
K C F SAMoon 6i.'28MAN {188
KCMABlit4i..'34 MAS { Wf*
Income 5*
LRookAF81it7*.'05JAJ {106
Mar II A Ont 6i...'25 AAO 1118
MexCent 4ig.. 1911 JAJ ? 86
32
lit oon lno 3i g non-oum
83
1007
6*
AAO
09
Apr. 88
{103
Rutland lit8i..'03 MAN {108
71
Torrington lit 5i 1918...
MAN
1914MA8
1016 MAN
St &i. .'02
4*
Deb
li
04
17*
1
88
33*
82^;
Jan.
130* June 18
i* June 18
)1
June 18
1
a
*July
76
40 750
30
16*
288 58
3,333 32
4
8
19
38
19
124* June 30
1.
Mar. 6
July 31 860
Mar. 87 31* June 11
31
July
10
Jan.
65*
May 15 44 Jane 80
48
Mar. 21 00 Jan. 8
41* Jan. 3d 5E* Apr. 8
62* Jan. 11 79* Apr. 18
4* July 12 7* Jan. 8
4 J* Jan. 30
8* Feb. 18
8* Jan. SO 16 Feb. 13
11
00 Feb.
00 Jan. a
127* Jan. i 146 Apr. 18
88 May
38* Mar. 6
4* July 13 8* Feb. 18
581
70
3
Jan.
12
I
35
478
00
3,513
6,806
23C 113* June K 128* Jan.
8
611 10* July 8 17
Mar. 80
50 40
Apr. 18
Jan. 18 55
54 Jan. 1C 70* J ore 6
20 68 Jan. 4 79* July B
30 16-16
NYANBrjglit7i.'05JAJ {111
litmortB*.. ..1005 JAJ {107* 108
Weit Bnd
80
2
2
3* Jan.
* Apr. 2.»
* Mar.
0i778 13)* Jan. 18 153*.in-:e
286 117 Jan. 10 180 July
863 151 Jan. 1 183 May
300 Jan. 8 403 June
BONDS
Bid. Ask.
West N Coon 61.1014 JAJ
117*
113
113
WeitVaCAPlit6g.'llJAJ
Wll A Weld 5*.. 1035 J A)
114
Bond*- Philadelphia
AlleVyBext7iieiOAAO
Asphalt Co 5i
55* 56*
tr otf I
MAN
Atl City lit 5ig..'10
Tar 1st Si. 1926 JAD
BergABBrewlit6i'21JAJ
BBoroGa»lit5i.'38MA.Cambrialron 61.1917 JAJ
CheiADCanlit5i.'16JA.l
03
Balls
102
i
Aata
Bid.
Baltimore— Conoln'd.
l
• • • t
I
52
66
109*
ChooOkAGgen 5*'19JAJ
Bonds— Baltimore.
00
A Pot
5i
02* Clt'*'8tRy(Ind)oon 5i.'Sb
Atl A Ch lit 71.1907 JAJ 114* 116
Colum St Ry lit oon Si.'S..
AtlG-Llghtlit5il917JAD
ConTracof NJ lit 5s.. '3:- 108*
Atl Coast L ctf i 5i .J AD
Oel A B Bk 1st 7s.'05 FAA
Anacontla
.
Bait Beit 1st 0*.1900MAN
BaltCPa*l8t5i.1011MAN 110*
Bait Fundg 51.1016 MAN 128
183*
Bxohange 3*i.l930J AJ 111* 112
BaltAPlatBsml 1911AAO
lit 6i tunnel 1011. .JAJ
Bal Trao lit 5*.1929MAN
117* 118
Bit A Imp 6I.1901MA8 102
03
NoBaltDlv5i.l942JAD 120
l81
ConT'rtlble5«1906MAN 101* 103*
Central Ry 6i... 1012 JAJ
AAO
•
GaCar AN lit5i g. 1 929 J AJ
Ge0rglaPlit5-6i 1922JAJ
GaSoAKla l*t5i.l045JAJ
KnoxTTraollt5i'38AAO
Lake R Bl litgu5i'42MAS
MacondiNl*t4**'0OMAS
Maryland Brewing 6i ....
Met8t(Waih)lit5i'25FA
New OrlGai lit 5*...Yar
107
185
118
88
118
"e'6*
93
116*
98**
Norfolk St lit Si '44. JAJ
NorthCent 4*i. 1 025 AAO
6* 1004
JAJ
A
Berlei
5i 1026.... JAJ
Serlei B 5i 1026.. ..JAJ
Pitt Dn Trao 5*.1007 JAJ
PotomVal l*t5».l041JAJ
8eoAvTn(Pltti)5i'34JAD
Bl lil4i'4t).MA8
Income 4i 1940..,. J AD
YlrgMld
lit 61.1906
MAS
2d eerie* 6i..l9ll MAS
Sdierie* 6*.. 1918 MAS
4th ier 3-4-5I.1991MAS
5th ie.-iei 5*. 1026 MAS
Ya (State) 3* new.'32JAJ
Fund
debt2-3i.l901.IA.l
90
51
Ry
4*.
.1933
Annuity 6i
JAD
Nat Aiphalt ool 5i
'48
New'k Con Gai 5i
J AD
GenM7i
10O3JA-I
Pa A N Y Can
Con* 5i
Penn
4i
Steel
Coniol
87
48
104* 105*
118
104
83
108* 106*
6ir... 1910 Var
Coniol 6*o.,.. 1005 Yar
1010 Yar
Conaol 5* r
Penn A Md Steel oon 6i
7i..'08
JAD
AAO
AAU
1ii5i.' 17 MAN
1030
1030
Trust oertfi 4i
06* 06*
73* 73
• e •
.
PhABr lien M 5g.'20 AAO
Gen M 4* g.. 1020 AAO
Pb A Read 2d 6*. '33 AAv
188*
83
111'
•
Gen M 4*1 g.. 1924 O-K
Leh VC'l l»t5»g.'33JAJ 107* 107*
Leh Val ext 4i. 1948 JAD
1910 M*^ 188*
2d 7i
192S JAD las*
Conaol 6i
Peopie'i Tr tr oeru 4*. '43
Phl'.a Bleo gold trust otfi
180
110
100
116
118*
96*
KCSub B lit 6i.. '20 J AI
Lehigh NaT 4*i. .'14 q-j in*
1914 Q-F
RR4ig
Com
105*
108
94*
04*
Indianapolis
Penn gen
lie
110
117
138
lie
112
118
Income 5s... .2882 AAO
Bq 111 Gai-L lstg5i.l92H 107*
Hestonv M A F oon 5i.'24
HA B Top oon 5i.'25 A to 110
107*
105
105
85
M 5i.'20 MAN
113
SaTFlaAWe*t5*'34AAO 118*
Seaboard A L 4* 1050....
88* 83*
Keab A Roan 6*. 1026 JA.1 110
So.Bound 1st 5a '41. AAO
UnBlL.APl*t4>4i'29M«M
lit
Bdlson Bleo 5i itk tr otfi
BlecA Peop'i Tr itk tr otf t
BlmAWUm lit 6i.'10 J AJ
Newark Pail oon 5i.l93t
NYPhUANorl»t4*'30JAJ
Income 4i... 1030 MAN
No Penn lit 4i..'36 MAN
112*
136
100
NewpNAOPlit5i'88MAN 104
BaitAA
•
til
CltyASub lit5i.l922JAD 116
CityASub(Waih)lit5i'48
00
Co)AGrnvlit5-6.1917JAJ 118
Conaol Ga* 6*. .1910 JAD 113
Un Ry A
03
{107
K CA M RyAB 6i.'20 AAO
KC8tJoACB7i.'07JAJ «ue*
Sd oon lno Si non-oum..
BONDS
84* Jan.
85* May
15,438
60
37
8,800
(Phlla.) ....
5i
13
1939JAD 113
Ga AAlalitpfSi 1945 AAO 108* 108*
08
118
Non-exempt 6i.'18 JAJ IlOS*
StDk fundli.. 1010 JAJ IlOO
Ch Bur A Q 41.1923 FAA {101
IowaDlv 41.1919 AAO {104*
112
Chicago Juno 51.1015 JAJ
ChANoMgu8i.'31MAN {107" 1C9
Chi A
M gen 5i.'31 JAO {100
105*
Corr't R1t l»t 5».'27 AAO (
DGRAWl*t4i.'46 AAO
.
b 80 11-16
10 18-18
2d 7* 1910
50
"
.
Consol 5I....1032 MAN 118"
87*
Bxt A Imp 5I.1932MA8 117
88*
11* Cha* City Rylit Si '23J AJ 105
Chai Ry G A Bl 5i '99 MAS
85
2 3* CharlCAA extSi.lOlOJAJ 113
37*
26*
Winona Mlnlng(Boit) 85
Wolverine Min.
87
01
38
90
Utah Mining.. (Bo*t)4-85
Warwtokl AS.(Phll) 10
rel
3*
3
50
United Fruit (Boit) .100
85
Dn Shoe Maoh.. "
"
Pref....
85
25
U 8 Mining.... "
Weitm
29
20
88
88
(Bait)
CSPHorieCoUPhli)
350
Am
MISCHLLANBOUB.
16
a
131*
14'* Jan
IV
(Boiton).... 100
"
....100
"
....100
Telephone
Lehigh Coal A Navigation.
Manden Col
National Asphalt 1
Oiceola Mining.
(
85
60
55* 100
(Bait.) ....100
Boston— Concluded.
NewBng con gen&i' 4 5 JAJ I ...
4*
NBCotYarn5il029FAA • 108*
8*
161
NBGai AC lit 5*.. 1037 54* 65
8* 2* New Bng Tele 5i.'16 AAO {103
dBrewass'pd BaitllOO
.
108
Am
On. Stock Ydi.
Consolidated Gas
Dominion Coal...
Ask
Bid
•
160*
AJlonei Mining (Boit) 85
Amer.Cemeiit.(Phll) ....
Gold Dredg(Boit) 10
Amer. 1. AS.. (Phil) SO
Aroadlan
iiioit) 25
"
85
Arnold Mining.
"
85
AUantlo Mln'g
"
Baltlo Mining..
36
(PhU) 50
BethBteel
Boiton BleoLM Bo»t) 100
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
Oenten Mining. (Boat) 25
"
Central Oil
28
Con. Lake Bnp. (PhU) 100
Pref
100
Dan v. Bessemer "
6
"
DeLong & E
10,
"
238
8
(Boiton). ...100
Copper!
"
Aiuer. Agrloul. Chemloal t..
....100
"
....100
Preferred!
(Phlla.).... 50
American Alkali
"
Preferred, 810 paid
.... 50
American Bugar Refining 1 (Boiton). ... 00
"
....100
Preferred!
"
....100
Amer. Telephone ATel.Co..
"
Boiton A Montana
.... 35
"
Butte A Boston
.... 10
"
.... 28
Calumet A Heola
Cambria Steel, 813* paid. ..(Phlla.) .... 00
a 10 0-16
S.(Phll)
5
Old Col Mining. (Bost) 35
78
140
Hxyhtsi
Jan.
8 966
Jan. 1"
July
3 318
May 16
Keb. 1<
160*
2
45" WulibaohCo
(Phlla.) ....100
Weitingh. Bleotrlo A Mfg... (Boiton).... 50
78" Preferred
"
..
50
•4o"
•36*
NewBngGiAC
48
84 351
50
"
....100
e*
"
....50
ii* Preferred!
"
.... 60
0S* New Kng. Cotton Yam, pref. (Boiton).., .100
135
"
New Kngland Telephone....
....100
29 Old Dominion Copper 1
"
.... 35
6* Philadelphia Bleo.T 5 paid.. (Phlla.)
"
115* United Oai ImproTementT..
.... 50
United State* OH
(Boiton).... 26
93*
NewHav 1A
(
A
.100
00
)
iCrie
J
'60'
131
185
80
.
160
876
5
63*
MI8CHLL.—Conoluded.
2tt.
J
165
109
800
2-i
65
8TOCKS-BOND8
Bid. Ask.
RAILROADS.— Price* July
75'J
65
88* 3b*
80* 60*
13*
68* 38
79*
'
* Maine
AOuluoy
..
.... 1
....100
....100
....100
....100
....100
1
83*
•48
60
118
118
18* •IS
•67
"
"
.
.
138
Ml*
118
68
*
138
11
18*
3U
00
6
80
6*
06
149* 113
143
•48
6:1*
93*
13*
**
•30
•38
33*
84* P4*
38* S8*
37*
88*
5*
6m
2714
•06*
06
80
00
765
40
80* 80*
8* 8*
HiSM
27*
18*
*
65
'
03* 04*
. .
88!H,
87* 87*
•23* 2S* •33*
34
•81* 65*
8'.
48 4
«:* wv*
07* 00*
•16*
•96*
.
50
"
50
Preferred
100
(Boiton)....
Mtchburg, pref
(Phila.) .... 50
ehlgb Valley
Maaiacbuietti Kleot. Coi. 1. (Button).... 100
....100
Preferred 1
....100
Mexican Central
(Bait.) .... 50
Northern Central
(Phlla.) ....100
Northern Paoldo
"
....100
Preferred
(Boiton).... 100
"id Colony
(Phlla.).... 50
I'enniylTanla
"
.... 50
Heading Company
"
.... 50
1st preferred
"
.... 60
2d preferred
(Bait.) ..,.100
Seaboard Air Line
"
....100
Preferred
( Boiton
.... 1 00
U nlon Paoldo
"
....100
Preferred
Union Traotlon, 817* paid. (Phlla.).... 50
(Bait.) .... 60
United Ry A Bleo. Co
(Boiton).... 50
Weil Bud Street.
ieo" led* 160* 161* 16-*l«l*
771
34
38* 27^
•18
•33* 8U*
188
161
'
3-1* 38 6 16
2t»
26 7-16
48
48
73*
D
*
30*
13*
03
71*
37* 87*
of Salts in 1901.
Lowest.
ihootaw Oklahoma A Gulf.. (Phlia.)
86
lit
it
31* 38
(Boiton).
ed, fall paid
Hurl.
mo. Juno.
•23*
808
71* 73 5-:e
•80
•88
183
43
68*
79*
•87
•30
03
118
18* 1S«
183
'
If*
tilu.
'
S3*
t
Hanye
Miscellaneous Stock*.
08* 93*
8*4
118
48
148
160
13
18
Holtt.li
lwrt
•111
31
3H
Bl
6
6
tf lerat
Preferred
I Si
38
US
23
83*
A Albany
•!. hi* Lowell
111*113* 111*113* 111* 118* Amalgamated
113
80* 80*
80* 80*
89* 60*
89* 88*
•184
HI*
113
80
162*
775
38
48
5*
3S
UKaret
lioiton
•
16
03
80-* 808 3 '8
71* 71* 71* 71*
1HV 10*
87* 37* 37 7-16 37*
81* *6 8-ltl 34 16-16 6*
87* 37* 27* 37*
47* 48
47H 18
07
101
07* 9'*
89* 80* •88
88*
37* 37* 87* 37*
16*, If*
18* 16*
06* 06* 06* Be*
137
163* 160
•770 " 780*
•83* 84
105
153
141
140*141* 148* 144* 143* 143* 143*
144'
38
48
5
•33* 84
i'9'3"
•Ml'*
85*
t Indloataa unlisted.
Boiton
810
1H3
•
*
125
i(53"
IMS
106
153
188
•143
08
08
168
•d6
80*
88
88* 89*
54
144
39* 16*
SB* 38*
88
• • •
808
48
100
I4-
257
•185
06
95
71k 71*
10* 80*
103*
of (Ac
Railroad Hioeks.
'in
103
•58
143
38* 28* •83* 83*
'.J
358
188
840
liirt
•64
Friday.
July 2ii.
i.
104* 101* IBS
153
1S1H 181* 154'.. 168
132* 183
118* 138 133
88* •84* 8'* •84* 65* •'5
105
163
•168
IBS
165
•
187
398
Bra
I0i
Wednesday Thursday,
July 21
July 2
Tueaday,
/«Jy 23.
.Monday,
July 22.
BaturUay,
July 20.
Halt,
ACTIVE STOCKS.
M
7*.. 1011
1
6
100
69
111
181
J*:
Con M 6* g... 1911 JAL
BxtImpMllg.'17 AAi.
ConMof
'82 4i.'37 JAv
Terminal 5ig. 1041 Q-r
P Wll A Bait 41.1017 AA*
Coliat trust 48.1021 JAJ
Read Co gen It. 1007 JAJ
Rooheiter Ry oon
5i.
1
1.
J
SohRRSldelatSs g'35J AD
Scran Trao lit bi 32MAN
United N J 4I..1044MA-nnTracPltt*gen5i'07JA
1
Welibaohif 5i 1080. J AD
lAnd lntereit.
•Prtoe Inolnde* overdue
135
108*
06*
110
110
96*
113
THE CHRONICLE.
180.
%\w£*imznt ;md
[Vol. LXXlll.
f^ailraaxl QnttlliQmtz.
RAILROAD EARNINGS.
Tho following table shows the gross earniogs of every Stkam railroad from whioh 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
columns the earnings for the period from July 1 to and including such latest week or month.
together separately on a subsequent page.
e returns of tlie street raUwaye are brougl
I
>'
Notice Change— Our yearly
totals
Week
Month
or
Adirondack
Ala
Southern
Ala Midland
Ala N O & lex as
t
NO &
Current
)
May
3d
wk July
May
Ala it
Vicksb Sh& P
3d
Ann Arbor
Bat.
& Char..
B& O
Southw.
&
Hammon
Bellefonte Cent')
Bridgt <fc Saco K.
May
Brunsw& West'n May
wk July
Burl C Rap & No 2d wk July
Canadian Pacific 3d wk July
Cent'l of Georgia 3d wk July
Cent'l New Eng..
Cent'l of N J ersey June
BuffRochifc
1
ts
Buffalo &Susq...
Central Pacific.
3d
May
<**
at
y .......
Pa & West May
Charleston & Sav May
Cent'l
Chattan South'n. 2d wk July
Chesap &Ohio... 3d wk July
Chic & Alton Rv May
Ch'cBurl&Qu.
&E
j
May
wk July
wk July
Chidnd&L'v... 3d wk July
Chic Milw & St P 3d wk July
Chic & North W'n
Chic Peo & St L
StLCh&StPJ
ChicRI&Pac... May
Chic St P M & O. May
Chic Term Tr RR 2d wk July
Choc Okl & Gulf. IstwkJuly
CinNO&TPac. 3d wk July
Cin Portsni & Va May
ClCinCh<fc StL. 2d wk July
Illinois. 2d
Chic
Chi a Gt Western. 3d
W&
W&
.
.
Year
$
18,
35,383
68,909
.Inly 1 to J.ateyl
Week
year
Year
%
12,110
287.600
S
1
1
is.-,,
1
*
*
659 Manistlquo ..
lime
1 1.901
97
92'.
102, 135 [Mexican Cent
11
2-7
id wk Julv
872.757
950,861
Mexican Intern')! May
51 1,01
451,680 5,180,946
JMexican Nat'l.. 3d wk July
41(
12,103
137
1 ,856,200
Mexican North'n May
1,929,81
596
43,892
56,240
812,781 JMexicanRy
H 1,900
si ,900
920,669
Wk July 6
84,9
691,532 Mexican South'n stwkJuh
896.936
20.:
20,550
1
81,337 Minneap <fe St L. 3d wk July
59,37s
90,858
198
66,142
:>:<,.V;,
61,718 MStP&8 StM. 2d wk July
96,940
54,474,822 46,844,184 Mo Kan & Texa* 3d wa July
2)7,7 12
,059
e797,000
2,208,860 1,982,479 Mo Pac & Iron Mt 3d wk July
671,000 517,000 1,841,000
416,275
481,679
Central Branch 3d wk July
33,000
33,000
90,000
655.387
691,033
Total
3d wk July 701,000 580,000 l,931,OOo
7,163,174 6,819,903 Mob Jack & K C. Wk July20
2,805
8,179
2,818
192.309 Mobile & Ohio... June
235,432
£ !".s,500 0463,200 £6,107,500
230,028
143,174 Mont & Mex Gull May
120,053
128,925 1,273.111
Nash Ch& StL..
a574,463 a544,995 a7,662,327
Nevada
2.763
3,072
29,663
Central.. May
47,124,339 42,783,108 N
Y C & Hud Riv May
1,965,65o 1,650,377 51,448,641
1,321,806 1,117,373 N Y Ont & West. May
493,522 383.-.".'.' 4,819,814
37,708
37,484 N Y Susq & West May
213,772 162,189 2,291,590
45,055 Norfolk & West'n 2d wk July- 282,111 276
42,477
532
36,956
36,088 Northern Central May
7,329,146
679,965 661
617,659
635,837 North'n Pacific. 2d wk July 699,534 635,639 1,303,452
322,239 Ohio River
347,278
2d wk July
30,627
28,115
62,942
686,609 Pacific Coast Co. April
659,338
370,983 366,348 4,240,662
171,883 Pacific Mail
171,151
March
1 6 1,208
275,591 2,32
177,7
145,740
47,305
40,396
27,896
4,602,325
134
576.079
81,900
14.794
170,593
171.767
1
29,809
5,6 11
7,324
4,617,435 3,946,956
251,571 242,130
42,051
82,196
54,079
48,803
714,999 679,498
19,325
16,788
21,384
14,375
6,899
7,614
l
1
117,177 107,032
1,979
1,814
3,572
4,285
3,245
3,088
54,691
57,433
122,906 107,413
65,792
45,991
84,911
84,154
634,000 531,000 1,868,000
127,085 134,095
363,355
648,962
55,928
56,184
1,503,780 1.353,217
1,816,161 1,420,707 18,005,906
21.616
2,071
1,754
66,098
696,217
03,957
3,112
1,703
2,114
309,485 275,110
829,486
747,158 625,852 8,278,926
4,345,886 3,571,251 45,963,032
208.186
103,795
97,649
382,016
131,797 123,430
245,491
83,763
74,322
779,467 714,521 2,260,256
3,913,102 3,688,173 43,323,515
97,701
90,469
1
1,343.881
1
--1
1498,000
79,000
1,577,000
7.7<
5,99-
1,245.173
07,136,501
27.7 12
49,948,200
4,538,205
518,852
7,233,146
1,179,029
60,2 17
4,29:
2,952,5] 1
Pennsylvania$...
7,770,667 7,126.567 81,781,177 73,402.277
Penn & North w'n Apiil
565.774
47,384
50,298
569,671
Pere Marquette.. 2d wk July
1 70,748
279.519
335,112
138,181
Phtla& Erie
May
589,394 552,540 5,577,187 5,251,820
16,936,666 Phila Wilm & B May
10,064,432
1,029,258 995,158 10,599.032
22,027 Pitts Bess & LE. IthwkMar
47,782 1,757,753 1,50
54,022
627,098 Pittsb C C & St L June
L.589,801 L.528,787 19,363,268 19,371.675
3,820 Pittsb & West'n. May
223,234 186,582 2,077,271 1,936.712
788,414
Pittsb CI & Tol May
128,978 115.276 1,180,378 1,100.881
•11
7,100,289
Pittsb Pa &F.. May
41,237
46,502
&9!
43,540,510
Total system... 2d wk July
512
143,901
74,717
69.256
180,179 Plant System95n
357,059
Ala Midland... May
.757
68,274
S909
221.299
Bruns& W'n... May
617,659
635,837
54,691
57,433
2,110,283
Chaa ASav
May
63.957
696,217
627,098
66,098
Sav Fla & W... May
43,003,673
393,464 350,608 4,753,466 4,075,698
206
SilSOo&G....
260.986
May
30.053
18,614
1,445,921
1,675,000
365,285
648,319
2,205,825 1,795,630 24,705,730 22,011,010
797,269 771,230 9,827,731 9,606,207
29,441
28,095
58,588
5 1,471
*66,740 "45,656
*66,740
*45,656
275,294
95,645
274,418
93,112
33.735
31,222
360,260
329,024
341,603 302,810
613,614
605,620
41,257
Peoria &East'n 2d wk July
37,971
83,906
75,942
49,624
36,638
140,872
118,116
Clev Lor & Wheel 3uwk July
Colorado & South May
388,664 328,672 4,301,608 3,862,132
162,919
11,877
12,462
Col Newb & Lau May
161,468
3(fwkJuly
22,284
65,929
22,147
Col Sand & Hocli
63,994
24,843
Cornwall &Leb.. May
30,735
248,717
272,681
Cunitu-rl d Val ey May
84,708
74,239
985,649
917,486
Denver & Rio Gr 3d wk July 228,500 212,700
692,800
616,200
177,326 228,915 1,789,260 1,867,966
Denv & Southw. March
Mackinac. May
Det
88,978
84,055
800,713
744,877
74,104 2,753,104 2,885,730
Dul & Iron Range February
77,389
52,194
102,091
Dnl So Sh& Atl.. 2d wk July
52,865
103,906
13,557
14,522
E &t L & Caronft. June
152,979
159,394
194,451 158,048 1,483,362 1,432,497
Elein Jol <fe East. March
May
Erie
3,641,472 3,151,116 35,549,695 31,960,779
Evansv & Indian 3d wk July
7,918
19,610
16,804
6,246
wk
July
Evansv & T H... 3d
28,111
25,612
77,446
71,632
W.
Find Ft
9,820
7.700
106,156
116,177
May
Denv
City
168,548 125,669 1,932,607 1,486,382
Ft
FtWARioGr... 3dwkJ'ne
7,939
649,695
6,721
471,098
Georgia RR
129,455 118,167 1,716,893 1,540,879
97.623
90,103 1,203,811 1,180,411
Ga South & Fla..
32,824
338,112
Gila Val G Ai N..
45,617
335,771
Gr Trunk System 3d wk July 517,149 494,796 1,572,660 1,477,109
Gr Tr & West'n IstwkJuly
68,317
76,780
68,317
76,780
DetGr H&M.. IstwkJuly
24,382
23,696
24,382
23,696
—
Great North'n
StPMinn&M.
2,083,859 1,874,167 23,173,278 23,689,393
East'nof Minn.
431,706 385,732 3,730,693 3,749,205
Montana Cent'l
169,456 153,983 2,151,649 2,051,699
June
Total system.
2.685,021 2,413,882 29,055,620 29,490,297
Hocking Valley.. 3d wk July 114,393 102,256
322,340
293,017
Hous & Tex Cent
374,657 230,436 4,371,266 3.398.116
Illinois Central..
2,868,443 2,771,759 36,858,469 32.611,967
Illinois Southern
9,316
8,203
114,986
IndDec&West'r March
46,101
59,846
539,712
511,657
Indlll& Iowa... May
146.839.
99,536 1,264,648 1,029,299
Int & Gt North'n 3d wk July
70,596
69,698
202,615
193,075
WkJuly 6
Interoo(Mex)
71,900
75,300
71,900
75,300
Iowa Central
3d wk July
40,907
35,755
120,889
109,192
Iron Railway
5,262
5,160
59,883
73,108
Kanawha &Micl. 3d wk July
15,646
16,249
48,341
43,778
K C Ft Scott & M 3dwk J'ne 97,374 95,483 6,433,087 5,589,690
K C Mom & Biru Idwk J'ne 25.090 26,087 1,983,240 1.638,776
Kan City & N W. May
26,735
27,197
365,394
360,540
Kan City South'n
444,352 351,752 4,350,824 3,768,600
Lehisrh AzHudsoi'
36,232
38,729
437,081
487,752
Lehigh Val RR.
2,274,323 2,071,308
Leh Val Coal Co.
1,946,723 1,466,363
Lexing <fe East'n.
33,161
31,876
323,662
277,042
Los Angel Term. March. .
15,301
10,589
128,104
91,612
Lou Hen <faStL.. 2d wk July
11,465
11,651
22.779
21.813
Louisv & Nashv. 3d wk July 516,240 498,985 1,510,605 1,411.855
Macon & Birm... June
6,470"
7,003
108,197
79.903
&
latest Gross
ROADS
Previous
I
4,033,036 3,794,306
May
I.
Latest hate
to
J 'in
t tar
\
Aroost
I
July
1
63,161
wk July
Atl Knoxv <fe No. June
Atlanta <fc WPt..
Atl Coast Line...
Atl Vatd & West.
Austin & North w
Bait & Ann SL.. April
)
Bait & Ohio
Bangor
Bath &
$
15.033
38,939
68,274
148,444
63,437
AtchTop&SFe. June
Atlanta
nr
Pao June.
No East.
Vleksb'g June
AiinWa<0i&
,
date from
all
July
Latest Gross Earning*
.us
now
.
.
Reading Co
Phil & Read..
May
2,574,734 2,329,242 25,720,336 24,441,528
Coal&IrCo.... May
3,891
1,616 1,817,801 26,315,337
Tot both Co's. May
5,415,350 4,147,043 52,035,673 50,015,419
Rich Fr'ksb & P May
124,953 123,040
960,758
885,208
38".
Rio Grande Jet.. March
433,341
41,145
40,231
Rio Grande So... 3d wk Julv
28,566
29.884
10,621
9,843
Rio Gr'de West
3dwkJulv
287,700
244,100
99,700
94,700
StJos&GrI
101,205 109,366 1,403.159 1,403,790
104,709
StLKen'et&So.
136,067
11,563
7,461
.
.
StL&NArk
May
L & San Fran 3d wk July
StL Southwest.. 3d wk July
16,558
7,166
98
225,204 160,401
62$
330.-1
112,948 112,613
StL Van &TH.. June
168,351 162,032 2,000,536
SanAnt&AP... May
189,664 147,889 2,486,639
San Fran & N P.
102,218
95,555 1,039,000
SFe Pres&Ph... 2d wk July
19,078
18,808
Sav Fla & West.. May
393,464 350,608 4,753.460
Seaboard Air L.. IstwkJuly 210,o74 216,516
210,074
Sher Shrev <fe So 1st wkMay
715,295
3,862
15,897
Sil Sprs O & G .
May
30.053
18,614
200,056
SoC&GaExt...
17,113
280,532
17,832
So Haven & East. May
3,941
4,904
Southern Ind
50.674
206.3 1:;
So Miss & Ark ...
16,442
12,802
'..
So Pacific Co 6... Mar
7,142,131 5,402,859 72,1s
Austin & No'n.
230,028
21,384
14,375
'5,906
May
Cent Pacific
1,816,161 1,420,707
Gal Har & S A. May
681,203 513,016 0,36-, 279
GulfW. T. &P. May
10,386
7,671
Hous.E. &W.T.
61,250
44,869
Hous. & Shrev. April
14,047
8,045
Hous &Tex Cen April
374 ,657 230,436 4,371,266
Louis'a West.
May
153,762 107,681 1,5S4,956
705, s3
Morgan's L & T .May
552,843 7,417,109
269,857
N
.. May
22,329
27,004
Tex&NOrl.... May
272,361 172,980 2,581,153
May
So Pac of Cal
1,752
1,390,265 17,573,190
420,613 302,565 4,05
So Pac of Ariz. May
25May
So Pac of N
174,441 2,234,607
Southern Rallw'y 3d wk July 655.066 650,501 1,847,352
122,905 129,300 1,576,809
TerreH <felnd... June.
541
36,7*3
39,648
Terre H & Peor. June
22.257
9,351
6,271
Texas Central ... 2d wk July
422,177
Texas & Pacific. 3d wk July 171,673 131,840
138,800
.. June.
9,500
7,500
162
52,091
47,078
Tol & Ohio Cent 3d wk Julv
22,606
41,426
20,930
37,225
126,636
3d wk July
45,042
TolStL&W
36,722
29,938
Tor Ham & Buff. May
St
.
1
.
.
.
I
YT&Mex
.
M
.
TexSV&N W
Union Pac RR
Oreg RR & N
Oreg Sh Line.
.
)
May
S-
3d wk July
Wabash
W Jersey &
May
Mav
May
Sea'e
W V Cen & Pitt..
Western of Ala
Wheel & LE
.
June
Wisconsin Cent.. 3 4 wk July
Wrightsv&T'n..
Yazoo & Miss V..
75,862
455
313,656
1,947,954
2,013.102
958,221
37,868
4,075,6: is
216
354,125
260,986
248,213
157,180
62,935,766
143,174
16,936,666
5,757,303
3,398,116
1,244,109
6,559,522
_7.
1,739,901
16,121,210
3.435,990
1,845,002
1,822,254
1,633,686
4-7. 351
13,776
373.011
110,658
135,267
45,677
109
3,619,341 3,230,382 39,880,123 35,950,844
363,203
272,350
101,607
59,047
248,113
117,000
9,649
362,391
307,668
257,550
107,912
53,186
242,555
103,580
11,834
317,161
1,006,365
3,253,034
1.0S2,308
763.256
2,961,611
310,253
151,483
6,127,490
887
2,904,734
989,522
..700
2,680,543
311.7,2
158,039
5,300,SS9
1
* Figures from June 1 are for the railroad only.
Covers results on lines directly operated east of Pittsburg.
Includes Chesapeake <fe Ohio Southwestern, Ohio Valley and Chicago and Texas lor both years.
t Mexican currency.
a Includes Paducah & Memphis Division from July 1 in both years.
b Includes the Houston &. Texas Central and its subsidiary lines. Earnings oi the Cromwell Steamship Line, not previously reported, are
(/Includes St. Paul & Duluth lor both years,
now also included.
c Results on Montgomery Division are included in both years.
c Includes results on Sher. Shrev. & Southern, Mo. Midland and San Antonio extension for this year, but not lor last year.
§
t
July
THE CHRONICLE.
27, 1901.]
Totals for FiHtai Year.
2 it
In the full page statement on the preceding page
the gross earnings of all roads for the period from Jul)
that being now the beginning of the fiscal year of il
majority of the roads. There are, however, som<
These with their >\
still have their own fiscal years.
brought together in the following.
I,
Roads.
Apr.
Atlanta & ( 'harlotte Air
Jan.
Bellefonto Centra)
Burlington Cedar Rap. A No. Jan.
Jan.
Central of New Jersey
Chicago A North- Western,... J'uie
Chicago Rock Island A Fao. Apr.
Chlo. 8t. P. Minn, i* Omaha.. Jan.
Choctaw Oklahoma a Gulf. Nov.
Cumberland Valley
Jan.
Deo.
Denver A Southwestern
Duluth South Sbo. A Atlantic Jan.
East St. Louis A Carondelet. J. in
Jan.
Ft. Worth A Denver City
Gila Valley Globe & North'n. Jan.
International A (it. North'n. Jan.
Lehigh Valley RR
Deo.
Lehigh Valley Coal
Deo.
Manlstlque
Jan.
Mexican Central
Jan.
Mexican International
Jan.
Mexican National
Jan.
Mexican Railway
Jan.
Mexican Southern
Apr.
Missouri Pacltlo
Jan.
Central Branch
Jan.
Total
Jan.
Monterey & Mexican Gull.... Jan.
Northern Central
Jan.
Ohio River
Jan.
Lliie.
May
Pacific Mall
Pennsylvania
Jan.
Pennsylvania A Northwes'n. Jan.
Pere Marquette
Jan.
Philadelphia & Erie
Jan.
Phlla Wllm'g'n A Baltimore. Nov.
Pitts Clncln. Chlo. & St. L. .. Jan.
Rio Grande Junction
Deo.
Vandalla A Terre H.... Nov.
South Haven A Eastern
Jan.
St. L.
South. Missouri A Arkansas.. Jan.
Terre Haute A Indianapolis.. Nov.
A
Terre Haute
Peoria
Texas A Paolflo
West Jersey* Seashore
to
Mar. 31
to June 30
to Jnly 14
to June 30
to .June 30
to Maj
to May
to July
2,627,( 8'
8,093,617
3,913.102
to
to
June 30
May
31
Nov.
June 30
June 30
to June 30
Jan.
Jan.
to
to
to
to
July 21
31
May
rur.
2,481,668
23,969
2 409,578
7,889,590
3,688,173
3,555,7 88
3,987,451
3,158.986
3.713,257
2,070,683
368,026
876,350
1,346,192
81,321
600.925
155,504
2,006,636
11,944.581
8,5 18.8; 5
64,193
9,857,550
2,232.558
4,465,022
2,442,800
248,685
15,290,196
687,311
16,433,205
587,944
3,147,892
697,492
3,817,620
33,628.476
227,045
4.081,306
2,074,924
6,332,156
9,383,514
148,087
1,254,723
15,022
81,209
1.05H.844
310,486
4,421,983
1.074.828
58,833
to June 30
to July 21 9,793 305
to May 31 2,473.994
to July 21 4,296,051
to July 6 2,289,400
247 813
to July 7
to July 21 17,779,958
681.437
to July 21
to July 21 18,985. 9»9
563,848
to May 31
to May 31 3,283.592
720,789
to July 14
to Apr. 30 3,071,166
to May 81 37,026,576
225,526
to Apr. 30
to July 14
to May 31
to May 31
to June 30
to Mar. 31
Previous
4,196,9. 5
400,178
to May
766,36)
to Mar.
to July
1,270,615
78.096
to June 30
853.913
to May 31
146.478
to May 31
to July 21 2.403 2' 9
to May 31 13,i:-3,154
to May 31 10,862.621
4,567,752
2,387,061
6,625,156
9,751 057
158,920
1,311,735
19,001
103,476
1,016,050
355,672
6,004,293
1.163.728
Latest Gross Earnings by Weeks.— In the table which
we sum up separately the earnings for the latest
week.
The table covers the third week of July and
shows 11 '06 per cent increase in the aggregate over the
follows
same week
543,039
Ik
A
il
last year.
1
l
276,196
635,6.1:'
0,
23:?,
19.078
9,35
p. o.
i
188 l-l
157,834
3
18,808
6,271
3,080
8.405,110
955,170
940.306
20.
9,345,416
19
186
loo. 63
'ctal (57 roads)
11
I
11,851
.^3i
i
Marquette
St. Louis A aau Fran
Ht. I. on Is Southwestern
^antaPe Pres. A Phosnlx
Texas Central
Toledo Peoria A West'n
(
no
9<>,
Western...
N at Increase
So-
>
.
tfortnern Paclno
1
2,722,198
22,497
IllW
A
Period.
Tear.
)
St. L.
Louisville Hend.
Hluii
9. Hte. M.
I
Gross £ti.
Current
.
I
52,865
I
!
""•"
S
Ouluth Ho. Shore A At!
Trunk.
Grand Trunk Western
•
J.<itt-<t
a,
"i
14,864
Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of Jnly 20, 1901.
The next will appear in the issue of August 24, 1901.
.
Gross Earnings.
Current
Previous
Tear.
.
Tear.
.
—
Net Earnings.
Current
Previous
Tear.
>
Tear.
»
Roads.
•
•
f
atoh.T.AS. Pe..b June 4,617.435 3,946,956 t2,139,l 34 11,626.475
July 1 to June 30. ...54,474.822 46.844,184 t222)1877 tl8867U4
62,797
55,773
17,303
Central New Eng... Juno
9,497
711,759
704.092
176,553
July 1 to June oO....
146,117
779.761
Central Paolflo. b... May 1,816,161 1,420,707
586,143
July 1 to May 31. ...18,006,906 16,936,666 7,064.607 6,646,521
7,015
7,677 def 3,822 def.5,778
Ohattau'ga South. a June
93,071
95,087 def.35,132 def.22,719
July 1 to June 30 ...
7,127
7,190
619
FlndlayFt.W.A W.b May
283
96,336
108,477
14,444
Jnly 1 to May 31
15,654
*15,967
June
117,786
117,460
'8.353
Georgia.*
1,834,679 1,658,339 '550,306
•541,113
July 1 to June 30
52,505
49,668
l.ou.Hen. ASt.L b. June
13,856
11,359
659,042
630,356
200,192
July I to June 3o
194,311
13 814
13,215
Lowell Eleo. Lt. Co. May
5,711
4,195
165,619
145,558
57,444
July 1 to May 31
52,841
Puts. C. C. A St.L.a. Juno 1,589,801 1,? 28,787
435,648
354,012
Jan. 1 to June 30.... 9,751,057 9,383,514 2,596.825 2,253,789
393,449
348,360
159,615
Pitts.* West. Sys.b.May
98,697
3,672,474 3,431,409 1,346,080 1,060,434
July 1 to May 31
16,558
7,166
3,152
St. Louis & No. Ark.May
3,624
98,862
75,862
July 1 to May 31
35,387
39,265
494,989
420,289
at. Louis so'west.b.June
§186,748 §122,164
July 1 to June 30.... 7,387,174 5,908,356 53,054,185 §2',037,018
92,757
82.634
Santa PePres.A Ph.May
56.919
41.592
875.S06
906,739
July 1 to May 31
469,902
509,209
Southern Paolflo.. a. May 7,142.131 5,402,859 2.233,856 1,527,008
72,188,765 62,935,766 24,690,373 20,270.137
July 1 to May 3 1
Central Pacific b. May 1»816,161 1,420,707 _ 779,761
586,143
July 1 to May 31.... 18,005,906 16,936,666 7,064,607 6,646,521
Gal.Har.A8anA.bMay
681,203
513,016
145,561
36,053
July 1 to May 31.... 6,368,279 5,757,303 1,170.577 1,117,046
Gulf W. T.APao.bMay
10,886
7,671 def.1,539
def. 904
Louisiana West. b.May
153,762
107,681
62,789
31,091
July 1 to May 31.... 1,584,956 1,244,109
653,629
376,452
M'g'n'sLa. ATex. bMay
705.834
552,843
294.321
151,436
July 1 to May 31
7,417,109 6,559,522 2,780,937 2,098,210
S. Y.Tex. A M. b.May
22,329
27,004
11,430
7,864
July 1 to May 31
269,857
277,345
81,491
111,234
Texas A N. Orl. b.May
272,361
172,980
102.894
53,201
July 1 to May 31
2,581.153 1,739,901
929,048
545,249
Bo. Pac. of Cal. b.May
1,752,449 1,390,265
562,148
462,335
July 1 to May 31.. .17.573,190 16,121,210 6,909,440 6,223,243
6o. Pac. 01 Ariz. b.May
420,613
302,565
218,937
147,596
July 1 to May 31
4,052,835 3,435,990 2,130,976 1,551,602
So. Pac of N. M. b.May
258,925
174,441
147,522
91.372
July 1 to May 31
2,234.607 1,845,002 1,347,842 1,027,569
Southern Rail w'y. a June 2,522,585 2,430.167
551,294
483,308
July 1 to June30....33;e07,581 31,388,014 10,130,030 9,416,381
St.LouisDivis'n.aJune
176,040
147,847
33,680
26,746
July 1 to June 3jp .... 2,090,190 1,920,804
474,328
578,691
Texas Central. a. ...May
22,517
52,438
22,958
4.530
July 1 to May 31....
351.437
653,484
350,824
133,689
—
—
. .
3d
tceefi
Alabama
of Julj.
1901.
S
Gt. Southern.
ann Arbor
Bollalo Rooh.
A
.
Plttsb'g
Chlo.Indlan'lls & Loulsv
Ohioaaro Milw. & St. Pan)
Cin. N. O. & Tex. Pacific.
Clev. Lorain & Wheel'g..
Sandusky A Hook'g.
Denver & Rio Grande...
Uol.
Bvansv.
Rvansv.
A Indianapolis.
A Terre Haute.
Grand Trunk Western
>
Det. Gr.Hav. A Mllw. )
Hooking Valley
Intern'l
A
Gt. Northern.
Kanawha A Michigan
Louisville A Nashville
. .
.
A St. Louis.
A Texas
Paolflo A IronMt...
Minneapolis
Mo. Kansas
eAo.
Mob. Jackson A K. City
Klo Grande Southern....
.
Louis A San Fran
Louis Southwestern..
Southern Railway......
Texas A Paoino...
Toledo A Ohio Central..
St.
St.
Netlnorease til 08
88,939
29,809
122,906
634,000
127,085
309,485
131,797
83,763
779.467
95.645
49,624
22,147
228.500
7,918
28,111
1900.
S
35,383
27,896
107 413
531,000
134.0^5
275,146
123,4>!0
74,322
714,521
93,112
36.638
22,284
212,700
6,246
25.612
Increase.
9
9
3.556
1.913
15.493
103,000
34,339
8,367
9,441
64,946
1,672
2,199
102,556
69,698
35,755
16,249
498,985
287,541
137,356
59,378
217,742
547,000
33,000
11,837
7,305,774
6,578,124
p. o.!.
..- ..
-
•a
-
-
15,8 00
114,393
70,596
40,907
15,646
516,240
287,600
142,403
66,142
286,059
671,000
33,000
2,805
94,700
160 4" 4
112,613
650,501
131,84c
47,078
37,225
307,668
103,580
•7,010
•
•
137
22,353
99,700
225,204
112.948
655,066
171,673
52,091
45,042
363,293
117,000
mmmm
2.533
12,986
494,796
10,621
mmw mmm
.
517,149
2,818
9,843
Decrease.
... ....
.......
>••
•
-
>*
898
5,152
603
17,255
59
5,047
6,764
68.317
124,000
MM .-.13
778
5,000
64,800
---
335
7,763
For the second week of July our final statement covers
57 roads, and shows 11*19 per cent increase in the aggregate
over the same week last year.
2d week
1901.
of July.
Previously rep'd<39 r'ds)
A North.
Burl. Ced. Rap.
Chattanooga Southern
Clev. Cin. Chlo.
Peoria
A
St.
& Eastern
..
L..
1900.
6,635.958
84,911
1,703
5,970700
341,603
41,257
302 8101
84,154
2,114
37,971
Increase.
677,178
757
Decrease.
9
11.920
"""
4\"i
3S,79:>
3,286
a Net earnings here given are after deduotlng taxes.
b Net earnings here given are before deduotlng taxes.
After allowing for expenditures for betterments, net In June,
1901, was $107,557. against $97,415 In 1900, and from July 1 to
June 30, 1901, $2,754,034, agauost $1,740,996 In 1900.
June, 1901, taxes nuu rentals amounted to $207,210,
t For
agalust $144,522, after deducting which net for June, 1901, was
$1,931,924, against $1,481,953.
From July 1 to June 30, 1901,
taxes and rentals were $2,040,429, against $1,904,406 in 1900, after
deduotlng whioh the surplus was $20,171,448 this ye:*r, against
$16,962,708 in 1900.
* For June, 1901, net after allowing for other Income was r'4,050
against $67,901. From July 1 to June 30. 1901, net after allowing for
other inoome was $667,729 against $632,101.
§
4,565
39,833
5,013
7,817
55,625
13,420
735,413
727.650
—
Interest Charges and Surplus.— The following roads, In
addition to their gross and net earnings given in the foregoing, also report oharges for interest, &c, with the surplus
above or deficit below those oharges.
^Bal. of JTetXarn's.-.
Int., rentals, etc.
•
,
Roads.
Cent. New England June
July
June 30
A St. 1 June
to June 30
1 to
Pitts. O. C.
Jan. 1
.
Current
Previous
Current
Tear.
Tear.
rear.
9
16,037
155,719
832,309
1,735,186
9
13,064
150,923
355.156
1,887,845
1
1.C66
20,834
103,339
861,639
Previous
Tear.
9
def.3,549
def.4.806
def. 1.1 44
365,944
THE CHRONICLE.
182
[Vol.
— Int.,rentalt,
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from whioh we are able to ob-
Current
Oompaniet.
Sacramento Electa
4 Railway Co
.liuie
Feb. 1 to June 30
etc.
—
-Bal.ofNet Earn't.-*
Oarrent Previout
Previout
Tear.
I
LXZUI,
Tear.
Tear.
Tear.
9
9
S
•
The arrangement
steam roads — that
tain weekly or monthly returns.
of the
the
table is the same
first two columns of figures give the gross earnings for he
latest week or month, and the last two oolumns the earnings
for the oalendar year from January 1 to and including such
as that for the
latest
Latett Or obi Earnings.
Gross
Jan.
Week or Mo Vur'nt Prev'ui
Tear.
Year.
Amerioan R'ys. Co. J.
Bingham ton RR
Br'klyn Rap.Tr. Co.
Chicago & Mil. Eleo..
.
Newp.
May
73,2991
17.201
17,253
72,201
4,'z68
199.696
22.236
13,498
Cleve. jealnsv. A E... May
264,38-1
Consol. Trao. (Pitts.) May
11,269
Dart.& W'port St.Ry.
Denver City Tram...
134,737
Det. Rooh.Ro.&L.O.
Detroit United
3d wk July 64,488
Dnluth-8up. Traot. >
38,857
*8,365
37,192
I
April
Harrlsburg Traotlon.
Herkimer Mohawk 11ion&F'fcfortEl.Ry.
44,714
8,558
39,545
7,575
40,910
8eattle Electric Co
Jan. 1 to May 31
100,843
76,438
92,349
20,815
twin City Rapid Tr. June
Jan. 1 to June 30
74,133
434,727
67,415
422,665
80.477
334,476
62,254
255,437
May
LondonSt Ry.(Oan.)
Lorain <fe Cleveland.
Mad.(Wls.)Eleot. Ry.
Mass. Eleo. Oo.'s
May
ANNUALR REPOTS.
Current
Previous
Tear.
Tear.
8
377,116
90,689
4,146
9
355,761
82.520
21,834
21,768
283,403 203,389 1,222,274 1,007,490
11,401
9,480
59,679
52,774
7,345
10,003
8,205
8,463
6.16'r>
7,599
31,861
446.447 442.036 1,963,1*9 1,909,065
180.371 168,245 895,869
839,068
5,334
5,706
6,37*
6,218
22,854
23,018
8,720
9,059
34,642
32,525
4.030
4,613
17,994
15,710
58.192 47,566 256,105
212,755
2,140
2,257
8,599
8,977
3.750
3.505
14.754
18.773
182,385 154.263 1,718,860 1,440,463
17,401 13,928
76,303
62,649
Montreal Street Ry.
Muscatine St. Ry
April
New Castle Traotlon.
New London St. Ry
.
Northern Ohio Traot.
Ogdensburg St. Ry..
Olean 8t. Ry
April
Philadelphia Comp'y June
Pottsv'e Union Trao.
Railways Co.Gen.—
Roads
22,548
1,546
19,614
June
Light Co's
Richmond
Traction..
8aoramento Eleotrlo
May
34,473
59,927
Soranton Railway...
Sonthern Ohio Tract. June
29.905
31,741
Taooma Ry. & Power
2d wk July 33.137
Twin City Rap. Tran
279,276
Union (N. Bedford)..
25,343
Union Traction Co.
(Anderson. Ind)
60,392
United P. & Transp..
§/nc 15
Un'd Rys.Co.St.Louis June
510,541
United Traction— >
125,784
Albany City $
United Traot. (Pitts.)
184,607
United Traot. (Prov.)
249,650
91,744
9,918
79,953
25,005
2s),936
52,872
25.818
23.784
27,786
S7.995
.930
198,815
310,527
142,956
164,856
813,203
180,162
285,847
264,047
169,414
705
$ Int. 39,
126 640
96,925 2,786,63« 2,065,294
621,927 638,745
171,2441 968.085
912,007
211.250|l,217.879 1,082,470
t
119,246
*
These are results for properties owned
Only 13 cars operated this year against 30 a year ago.
t
Strike in June, 1900.
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 July 20, 1901.
The next will appear
tn the issue of August 24, 1901.
Orott Earnings.
Ne l Earnxngt.——.
—
,
.
Current
Previout
Tear.
—
Current
9
134,737
695,279
114,868
602,390
9
59,843
313,948
Previout
Tear.
9
49,941
245,823
7,599
13,732
6,165
11,538
3,142
5,620
2,269
4,007
34,473
166,710
29,936
151,401
17,903
86,270
16,539
85,624
Jan. 1 to May 31
514,386
Twin City Rap.Tr.b. June
279,276
Jan. 1 to June 30.... 1,457,533
412,705
239,404
193,192
154,610
769,203
97,253
129,669
678,102
Tear.
Roads.
Decv. City Tr'mw.bJune
Jan. 1 to June 30...
Madison (Wis.) Electric
Railway
June
May l to June 30
Sacramento Eleotrlo Gas
& Railway Co
June
Feb. 1 to June 30
Year.
$
1,325,799
Interest Charges and Surplus.—The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c, with the
surplus or deficit above or below those charges.
,
Int., rental*, etc.
Current
Tear.
Roads.
9
Denv'r City Tram w. June
Jan. 1 to June 30
31,304
188,281
>
Previout
Tear.
8
31,048
183,886
r-Bal. of Net Earn't.—
Current
Previout
Tear.
Tear.
8
28,539
125,717
Chicago Union Traction Company.
(Report for year ended June 30, 1901.
President Roach's report says in substance:
"The last twelve months has been a period of adversities
such as we may safely hope hereafter to escape. One year
ago we were confronted with conditions that were anything
but encouraging. The operation of the Northwestern Elevated Road throngh our territory resulted in a direct loss in
traffic of from $1,500 to $2,000 daily, which, together with
the unsettled labor question the greater part of the year, and
with the losses attendant upon the suspension of building
operations, materially affected our receipts. In addition to
this loss of traffic, operating expenses were increased by an
increase in the wages of the employes of the North Side lines
to conform to the rate paid by the larger West Side system.
Nevertheless, we have met all our fixed charges, paid one
quarterly dividend on our preferred stock, maintained our
credit, improved the efficiency and standard of our rolling
stock, roadbed and general equipment, and are now able to
show a surplus of $12,650.
" The physical condition of the property is better than at
any time heretofore. Daring the year 50 large double-truck
box cars and 15 large double-truck open cars, of the most
modern types, have been added to our rolling stock equipSeveral miles of track have been extended into new
A large amount of reconstruction of track and
roadbed has been accomplished, so that to day our right of
way shows a decided improvement over conditions existing
ment.
territory.
last year.
" Among the economies effected were the consolidation of
the car shops and storehouses; the centralization of North
side electric cars in a newly constructed car house of almost
unlimited capacity, and the disposal, by lease, of all unused
real estate upon a self-sustaining basis.
have also
thoroughly overhauled our electric power houses and installed new machinery, which has resulted in a large saving
in the cost of production of power and a marked increase in
the efficiency of the several plants. The most amicable relations exist between the company and its employes.
"Judging from the month of June (which wa3 the closing
month of the fiscal year) and from the first twenty-two days
of the present month, everthing indicates that the company
will have a much more prosperous year than at any time
heretofore.
I feel safe in predicting that the expenses and
receipts for the current year will be highly satisfactory."
The number of passengers paying fares was as follows in
each of the last two fiscal years:
1900-01.
1899 00.
Paying passengers
145,396,300 149,521,755
The improvements for the year, as compared with a t^tal
of $821,236 in 1899-00, were as below:
190001.
Track, etc., construction
_$110,929
Land and buildings
147,409
New engines, etc., for power houses
124,896
We
78,055
134,486
743,712
239 404 1,457,533 1,825,799
21,391
120,169 110,911
. .
B.964
Latett Date
1,743,149
65,4d2
13,860
53,187
73,947 384,638 369,938
3,006
20.265
19.204
173,820 1,054,291
965,797
16,034
44,413
12,820
49,700
249,712 1,185.317 1,118,707
4!>,54?
7,710
43,233
114,868 695,279 602,390
36,886
15,703
54,184 1,455.242 1,307,200
38,220 207,665
*16,741
31,248 174,077
159,867
4,508
Internat'l Traotlon—
(Buffalo)
1 to
1.075.576 1.080,840 4,78'^,217
& Cov....
Duluthat. Ry
$
$
79,787
21.1*5
City Eleo. (Rome.Ga.)
Cleveland Eleotrlo .. June
Cleve. Ely & West...
$
9,345
46,725
week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
Earnings.
Oin.
is,
8
18,893
61,987
New
oars
Electric equipment for carB...
129,648
129,632
4,486
119,745
Other acoounts
Reconstruction
Total
$766,745
Treasurer Eckels calls attention to the refunding operations'
by which a saving of $23,370 resulted for the year, and the
leasing and renting of unused real estate, by which $15,400 is
added to the revenues, making an increase from the two
sources of $38,770.
The income account for the fiscal year ending June 30,
1901, compares as follows with the record for the first fiscal
year ending June 30, 1900:
Earnings—
1901.
1903.
Passenger receipts
Chartered oars
Mail
$7,269,816
4,222
15,101
$7,468,797
a.122
6,477
Gross earnings from operation
Expenses—
Maintenance—Way and structures
Maintenance -Equipment
$7,289,139
$7,747,398
$198,929
351,938
2,735,362
655,965
$193,666
381,082
Transportation
General
.-
Total operating expenses
Netearnlngs from operation
Other income—
Advertising
Rent of land and buildings
Kent of tracks and terminals
Income from stocks & bonds owned
Interest on deposits and loans
Miscellaneous
Premium on bonds
sold
Total income from other sources
Total net income
& leased.
2,619,647
567,400
$3,942,194
$3,346,945
$3,761,797
$3,715,600
$33,525
33,564
10,000
778,215
12,417
1,287
663
$33,577
35,662
10,000
764,063
17,690
2,441
4,417
$369,671
$4,216,615
$363,350
$4,589,951
July
THE CHRONICLE.
27, 1901.]
DeductionsTaxes aocrued
Interest on loans accrued
Rentals accrued
Premium on bonds purchased
Total deductions from lnoome
1901.
1900.
$320,296
70,196
3.665,080
2,468
$240,033
41,776
$4,058,040
$158,575
4,075
3,688,151
M,ei3
$3,979,875
*«0*,075
L83
Frank O. Smith and Henry L. Sprague of New York, and Michael
Duerln of Montreal.
Dr. W. Seward Webb is President. Office, No. 51 East
Forty- fourth St., New York City. Active preparations are
being made for the construction of the road.
Ry. companies below. V. 73, p. 31.
Anthracite Coal Roads.— Strike Concluded.— The stiike of
the stationary firemen was officially declared off July 22 at a
joint meeting of the strikers and the Executive Board of the
United Mine Workers. Several of the companies, however,
Chattanooga Electric Ry.— Mortgage.— The coiupauy has
a new mortgage on all its propertied to the) Chattanooga Saving! Bank, as trustee, to secure $375,000 gold bonds
due in 1921. A portion of the) proceeds will be aged to
for the construction of the Sherman Heights extension, work
on which is to be resumed.— V. 72, p. 874.
Chicago & Alton RK.— Listing of 3 Per Cents.— The New
York Stock Exchange has listed §12,238,000 addttli nal 8
bonds of 1949, making
cent refunding mortgage gold
total amount listed $29, 671, 00", and has authorized the- 111
ing from time to time of $2,317,1 00 additional of sa'd bonds
on official notification that they have been delivered in exchange for United States Trust Company's negotiable reThese additional
ceipts, making the total listed $31,988,000.
bonds were sold by the Railroad Company, and deposited by
the purchasers with the United States Trust Co., against its
negotiable receipts of like denomination and amount, such
receipts providing that all or any part of the bonds so deposited were subject to sale until July 1, 1901, at 95 per cent
and accrued interest, any bonds not sold on that date to be
delivered to the holders of the trust company's receipts;
pursuant to the latter provision the bonds are now being
delivered in exchange for the trust company's negotiable
refused to reinstate the strikers.
receipts (see circular in V. 69, p. 178).— V. 72, p. 241.
Atchison Topeka & Santa Fe Ry.— Listed.— The New
York Stock Exchange has listed $673,000 additional 4 per
cent ICO-year adjustment mortgage gold bonds of 1995,
stamped interest payable semi-annually, making the total
amount listed $20,673,000. The Stock Exchange committee
Chicago Burlington & (Juincy RR.— Neio Bonds in 1
change for Stoclc Ready Aug. l.—On and after Aug. 1, 1901,
Netlnoome
Surplus from
last year
$162,650
Total applicable to dividends
(1>4%)150,000 (.V'u>tiuo,000
Dividend on preferred stook
$12,650
Surplus, as per balance sheet
Din ctors.— All
94.075
the old directors were re-elected, viz
:
R. A. C. Smith, P. A. B. Wldener. Jesse Spalding, Charles L. Hatchinson, James H. Eckels, H. B. Uolllns, John M. Roach, Walter II.
Wilson, 0. K. G. Billings, William Dickinson, John V. Clarke.— V. 73,
p. 131.
GENERAL INVESTMENT NEWS.
railroads, including street roads.
&
American Railways Co.— Controlled Lines.— See Chicago
Desplaines Valley Electric Ry. and Chicago & Joliet Elec-
—
tric
has further directed that $9,327,0C0 additional of said bondB,
stamped interest payable semi-annually, be added to the
list from time to time as exchanged and stamped under the
terms of the application, and the amount of annual coupon
bonds now on the list be correspondingly reduced. The
amonnt of adjustment bonds, "stamped," is not to exceed in
the aggregate $30,000,0C0.— V. 73, p. 81.
Baltimore & Ohio RR.— Usual Dividends. The directors
on Tuesday declared the usual semi- annual dividend of 2 per
cent each on the common and preferred shares, appropriated
—
$2,500,000 of the current year's surplus for betterments, leaving a surplus balance of nearly $1,500,000 to be carried for-
ward.
—
Dissolution of Voting Trust. The voting trustees have
decided to dissolve the voting trust as soon as the necessary legal steps can be taken.
Conversion of Bonds. It has also been decided to permit
the conversion of debentures into stock at the option of the
bondholders, beginning at an early date, probably Sept. 1
next, instead of deferring the same until March 1, 1902, as
—
announced.
Favorable Dtcision.
below.—V. 73, p. 137,
first
— See Staten Island Rapid Transit RR.
81.
Boston & Maine RR.—Stcck to be Resold. —The block of
&
Burr
2,709 shares recently sold at auction to Perry, Coffin
is advertised to be re-sold, owing to a technical defect in the
former proceeding The sale will take place at room 1, No.
42 Congress St., Boston on July 29.—V. 73, p. 81, 31.
Boston & Northern Street Ry. Consolidation.— See
Massachusetts Electric Companies below.
Broad Ripple Traction Co.— Guaranty.— The guaranty
indorsed on the S400,000 first mortgage gold 5s due July 1,
1933, is as follows:
For Value Received, The
Indianapolis Street Railway Co. guarantees and assures the payment of the principal and Interest of the foregoing bond at the office of the Guarantee Trust & Sale Deposit Co In
the city of Philadelphia, Pa., as and when the same respectively
come due.
In Witness Whereof, Said Indianapolis Street Railway Co. has
caused its name to be subscribed by its President, and its corporate
seal to be hereto affixed, attested by its Secretary, this tirst day of
August, 1899.
[Attest]
Hiram P. Wasson.
C. E. Morgan, Third Assistant Seoretary.—V. 73, p. 137.
,
Buffalo Niagara Falls & Rochester (Electric) Ry.— Mortgage
The company has filed a mortgage to secure $3,500,000 bonds. Sutro Brothers of this city are interested in the
company, which contemplates the construction of a trolley
The
line to connect the three cities indicated by its name.
authorized capital stock is $3,000,000.
—
Cape Breton Ry.— Bonds— New Road.—The shareholders
made
|
|
holders of certificates of deposit for capital stock of the company, deposited under the circular of April 29, 1901, may receive the new bonds or the cash to wnich they may be
entitled thereunder, upon surrender of their certificates of
deposit, properly endorsed, to the depositary issuing the same.
The new bonds will be issued either in the form of coupon
bonds of the denomination of $ 1, 000 each, or of registered
bonds of the denominations of $1,000, $5,000, $10,000, $20,000,
or $50,000, at the option of the holders of certificates of deThe amount of cash provided, as stated in the said
posit.
circular, is sufficient to pay in full the certificates of deposit
calling for "all cash," as well as the sum of £40 per share on
certificates calling for "bonds and cash," and the depositaries
have designated Aug. 1, 1901, as the day for payment of such
cash. See further particulars in an advertisement on another page.
/Syndicate.— Tne underwriting syndicate organized to prohas been called upon
vide the above-mentioned "cash fund
for a second payment, viz.: 12^£ per cent, making 22^ per
cent in all called to date.
Called Bonds.— The following amounts of Denver Extension 4 per cent bonds, due Feb. 1, 1922, viz.: 87 bonds
for $1,000 each, and twenty bonds for $100 each, have been
1
'
drawn
and will be purchased at par on preEngland Trust Co., Boston, on Aug. 1,
for redemption,
sentation to the
New
from which date
interest will cease.
—V. 73, p.
137.
Chicago & Desplaines Valley Electric Ry.— Mortgage.—
The company has filed a mortgage to the Illinois Trust &
Savirigs Bank of Chicago as trustee to secure an issue of
first mortgage 5 per cent 30-year gold bonds.
The company is
controlled by the American Railways Co. and the entire issue
new bonds will be deposited as collateral security under
the bonds of its Chicago & Joliet Elec. Ry. See elow and
page 57 of Street Railway Supplement.— V. 71, p. 1310.
of
t
Chicago Great Western Ry.— Option.- It is stated that
President Stickney holds an option on the Winona
Western Ry.-V. 73, p. 137.
&
Chicago Indianapolis & Louisville Ry. Suit.— In view
of the decision noted last week (page 137) the Fidelity Trust
Safety Vault Co. of .Louisville, as trustee for J. L. Deppen,
has entered suit in the Jeffeison Circuit Court against the
Louisville New Albany
Chicago Railway Co., and its successor, the Chicago Indianapolis
Louisville Railway Co.,
to subject the $322,000 Kentucky
Indiana Bridge
RR.
Co. bonds to pay a judgment for $14,884. The petition alleges that the Louisville New Albany
Chicago Ry. Co.
owned $85,000 of the first mortgage bonds of the Kentucky <x
Indiana Bridge Co. and $90,300 of its second mortgage
bonds, and at the foreclosure under these bonds became a
proportionate purchaser of the Kentucky
Indiana Bridge.
It is alleged that the subsequent issue to the Chicago Indianapolis
Louisville Railway Co. of $322,000 of bonds of
the Kentucky
RR. Co. was illegal and
Indiana Bridge
was done to cefraud the creditors of the Louisville New
&
&
&
&
&
&
&
&
on July 17 authorized the issue of $2,400,000 of 5
&
&
per cent first mortgage gold bonds to provide' for the construction of the road from Louisburg on east coast of Cape Albany & Chicago Ry.— V.
73, p. 137.
Breton Island, N. S. (connecting there with the line of the
Ry.— Increase of Stock.— The
Chicago
&
Joliet
Electric
Dominion Coal Co.), southeast 86 miles to Hawkesbury, on
oompany has increased its capital stock from §005,000 to
the Straits of Canso, with branch to Sydney, and the plant of
Desplaines Valley Electric Ry.
the Dominion Iron & Steel Co. The company was incorpor- $2,300,100. See Chicago &
above.—V. 71, p. 1310.
ated by the Nova Scotia Legislature in 1890 as the Cape
Chicago Peoria & St. Louis Ry.— Exchange of SecuritiesBreton Railway Extension Co., and is proposing to change
its name to Cape Breton Ry. Co.
The capital stock is Right to Sell.— Under date of July 17 a stockholders' commit$1,000,000, in shares of $100 each. The Dominion Government tee, consisting of Tnomas Carmichael, Chairmau; Charles F.
has granted a subsidy of $3,200 per mile for 30 miles of ihe Dean and E. W. Clark Jr., with T. C. Wellmau, 27 Pine St.,
line, and the Provincial Government also a subsidy of $3,210 as Secretary, makes the following proposition to holders of
per mile and a land grant, making the total subsidies equal the income mortgage bonds, preferred *tock and common
stock of the Chicago Peoria & St. Louis Ry. Co. of Illinois,
to about $8,000 per mile. The directors are:
W. Seward Webb, Shelbourne, Vt.; Robert J. Campbell, Arthur L. and of income mortgage bonds and common stock of the
Meyer, Samuel R. Callaway, John Jaoob Astor, Edgar Van Etten, Litchfield & Madison Ry. Co. (in effect):
at Montreal
THE CHRONICLE.
184
Wjikreas, No Interest has been paid upon any of the tnoome mort
gage bon<tB, nor liave any dividends been paid upon any of said stock
and It Is for the best Interest of the depositing bondholders and stock'
holders, as well as of said companies, that such income mortgage
bonds be converted Into preferred stock, and,
Wiiebkah, Proposals and negotiations have been made at various
times, some of which are now pending, locking to a sale of the said
railroads, or either thereof, or the capital stock and lnoome bonds
thereof; and It Is to the Interest of the parties hereto that their respective holdings be sold as a majority and In bulk.
Now, Therefore, The committee shall have control of the deposited
securities and shall lsrue negotiable certificates of deposit in exchange
therefor, but shall not hypothecate said securities or lnour any Indebtedness except for Its aotnal expenses And It Is agreed that lnoome mortgage bonds of the Peoria Company deposited shall be exchanged for first preferred stookof said company, $ for$, and Its present preferred stock for second preferred stock of saldcotnpany, $ for $,
and Its common stock for new common stock, $ for $; and that the
income mortgage bonds of said Madison Company be exchanged for
preferred stock of said oompany at the par value of both; and the
LXXUI.
[Vol.
cent per iinnum on the said certificates from
May
20th to
'<
June
30th, 1901, inclusive.
—
Amount of Stock Held by Missouri Pacific. The Missouri
Pacific Ry. Co. now owns $14,800,000 of this company's common and $7,300,000 of its preferred stock, these facts having
been given in a recent statement of the Missouri Pacific to
the
York Stock Exchange. The total share capital of
the D.
R. G. is $82,400,000, and the Rockefeller holdings
in conjunction with those of Gould-Missouri Pacific interests are said to constitute a majority of the entire amount.
New
&
—V. 73, p.
137.
Great Northern Ry.— Listed.— The New York Stock Exchange has listed $285,000 additional preferred stock, making
the total listed $98,716,750; and it further directs that there
be added to the list from time to time $715,000 adcommon capital stock of said company for new common stock of said ditional of said preferred stock, as and when issued; also
oompany at the par value of both.
that there be added to the list from time to time, on and after
The committee Is further authorized and empowered without further Aug. 1,
1901, $25,000,000 additional preferred stock, on official
anthorlzation to sell all of said present securities or the new securinotification that the same has been Issued and paid for in full,
ties, provided suoh sale shall lnolude all of the stock and bonds of one
of said roads then deposited, and that the price received therefor shall making the total amount authorized to be listed, under this
not be less than 50 per oent of the par value of said existing Income and previous applications, $125,000,000. Of this additional
mortgage bonds or now first preferred stook, ^Operoentof the par value
of said existing preferred stook, or new second preferred stock, and 15 stock $1,000,000 was or is to be sold to the Great Northern
per oem of the par value of the existing oommon stock or new com- Employes' Investment Co., Ltd., in accordance with the
mon stook of the Peoria Oompany; and not less than 75 per cent of terms of a contract between the Railway Company and said
the par value of existing income mortgage bonds or new preferred
Investment Company, and the remaining $25,000,000 was sold
stock, and 25 per oent of the par value of the existing oommon stook
to the shareholders of the Great Northern Ry. (see Invesor new oommon stock of the Madison Company.
It is, however, expressly agreed that If at any time during the period tors' Supplement.)
of three years from the date hereof any offer shall be made for the
The proceeds of the $25,000,000 issue are to be used " for the
purohase of said securities or for the purohase of the railway property
purpose
of acquiring the several bonds, or stocks, or both, to
shall
proposition
be
subof said corporations, or either of them, such
mitted to a meeting duly called of the trast certificates issued here- an aggregate amount of not less than $25,000,000, principal,
under, and If aooepted by the affirmative vote of 70 per oent in
amount of the registered owners of the then outstanding trust certificates for the particular securities aforesaid, all of the owners of the
said trust certificates for such partioular securities shall be bound
All depositors hereunder shall be entitled to, and shall
thereby.
receive the pro rata share of, the proceeds of any sale, or the securities, as the ease may be, on Aug. 1, 1901. No bonds or stook deposited hereunder shall be withdrawn without the consent of the committee
before Aug. 1, 1904; but if the committee should at any time be
unanimously of the opinion that both the conversion and the sale of
the securities deposited has become impracticable in the case of either
or both of said railroads, they shall terminate the trust and surrender
the securities.
Holders of the above specified bonds and stocks are offered
the opportunity of depositing such securities on or before
York as
Aug. 31, 1901, with the First National Bank of
depositary. Over a majority of each class of securities has
consented to the plan. V. 71, p. 913.
New
—
& Pacific Ry.— Securities Listed.—
Stock Exchange has listed $1,090,000 additional general mortgage 4 per cent gold bonds of 1988 and
Chicago Rock Island
The
New York
$10,000,000 additional capital stock, making $55,581,000 of
the bonds and $60,000,000 of the stock now on the list. The
new stock, it will be remembered, was offered at par to
shareholders of record June 28.
Of the proceeds of the above $1,000,000 bonds, $839,336 has
been expended in the construction of additional mileage and
the acquirement of branch lines of railroad, and the balance
has been used in the purchase of real estate for improvements
at various points. The proceeds of the additional stock "are
to be used in acquiring the stock or securities, or both, of
connecting lines of railway, including the construction of El
Paso Extension, 259 miles; the change of our line in Southern Iowa and Missouri, known as the Southwestern Division,
80 miles; the construction of the Enid
Anadarko Line in
Oklahoma Territory, 114 miles, and the necessary equipment
for the same. Also in constructing 33 miles of second track
in Iowa and other permanent betterments." V. 72, p. 1187.
&
—
of the following
named companies:"
Date of In- Authorized
corporation.
Stock.
North Ry. Co.. July, l&OO $2,500,000
Reference
to
more
Facts.
& Gt
Montana & Gt
Dakota
See Item above.
North. Ry. Co June, 1901 10,000,000 V. 72, p. 1187.
KootenayRy. &Navigat*nCo. Aug., 1898
4,900,000 V. 71, p. 341.
Wash. &Gt. North. Ry. Co.... July, 1901 10,000,000 See Item below.
8eattle & Northern Ry. Co
Aug., 1888
5,000,000 Seeltem below.
8t. P. Minn. & Manitoba Ry..8ee p. 66. Investors' Supplement.
Gt. Northern Steamship Co... Aug., 1900
6,000,000 V. 72. p. 508.
No bond
issue, we are informed, has been created by any
new companies.—V. 72, p. 1237.
Indianapolis & Greenfield Rapid Transit Co.— Earnings.— From June 17, 1900, to June 30, 1901 (12^ months),
of the
gross earnings were $68,317; operating expenses, $37,853; net
earnings, $30,464; annual interest on first mortgage bonds,
$15,000. This is considered a very good showing, as only two
cars were operated from June 17 to Sept. 1, 1900.—V. 72, p. 44.
Indianapolis Street RR. Guaranteed Bonds.— See Broad
Ripple Traction Co. above.— V. 73, p. 138.
Iowa Central Ry. Co.—Bonds Sold. The company has
sold $2,000,000 of the first and refunding 50-year 4 per cent
gold bonds described last week to Redmond, Kerr
Co. See
—
&
V. 73, p. 138.
Jersey City Hoboken
Consolidation.
&
Paterson Street Railway Co.—
—The absorption by consolidation of the North
Hudson County Railway Co. and the Paterson Street Railway Co. was ratified on Tuesday.—V. 73, p. 138.
Kansas City Clinton & Springfield Ry.— New President.
— B. L. Winchell has resigned as President and director, and
Judge H. S. Priest of St. Louis has been elected President in
his stead.— V. 72, p. 581.
Lackawanna & Wyoming Valley Rapid Transit Co.— Increase of Stock. The company has increased its capital
stock from $5,000,000 to $6,500,000. See Street Railway
—
Supplement, page 84.—V. 72, p. 988.
Lake Erie Alliance & Wheeling RR.— Consolidation.
Cleveland City Ry.— Control.—The "Cleveland Leader"
The
company has absorbed the Alliance & Northern RR.
says that it is declared that the Everett-Moore syndicate has
combined
roads are 61 miles in length, extending from
The
an
option
on
55
of
the
obtained
per cent
stock at a price said
O., on the Erie RR., to Bergholz, in Jefferson
Phalanx,
to be "considerably above par." V. 72, p. 532.
County. They were formerly united under the title of the
Cross-Country (Electric) RR. New Line to Rockaway.— Lake Erie Alliance & Southern Ry., but were separated as a
The State Board of Railroad Commission has authorized the result of the insolvency of that company. Extension from
company to construct an electric railway from Liberty Ave- Bergholz to Wheeling a distance of about 40 miles has been
nue, Jamaica, across Jamaica Bay to Rockaway Beach. The proposed. The general office is at Alliance, O., but the Morcompany hopes to have the line in operation by June 1, 1902. ris Garfield syndicate of Cleveland are the owners.
See item "Rockaway Electric Ry." in V. 68, p. 1026.
Lynn & Boston Street RR. Successor Company.— See
Dakota & Great Northern Ry.—New Company.— This Massachusetts Electric Companies below.— V. 71, p. 964; V.
company, referred to under Great Northern Ry. above, was 70, p. 1149.
incorporated in July, 1900, with $2,500,000 authorized capital
Macon Dublin & Savannah RR.— Mortgage.— The comstock, to build extensions in North Dakota, one from Lakota pany has made a first mortgage covering all its properties in
on the main line about 75 miles northwest to a point on the favor of the American Trust & Savings Bank of Chicago as
international boundary in Cavalier, or Turner County, and trustee to secure $1,500,000 of 5 p. c. 50-year gold bonds. An
another of a branch line from Bottineau northwest 35 miles. extension 40 miles in length is under construction from DubDenver & Rio Grande RR.—Listing.—On July 22, 1901, lin to a connection with the Georgia & Alabama division of
$12,500,000 additional preferred stock was listed on the New the Seaboard Air Line Railway at Vidalia in Montgomery
York Stock Exchange, making the total amount listed a County, to give through connection from Macon to Savannah.
that date $36,150,000. This additional stock was used by the The road has long been in operation from Macon to Dublin, a
company in acquiring the $10,000,000 common stock of the distance of 57 miles, but has heretofore been unmortgaged.
Rio Grande Western Railway Co. and in the acquisition of V. 60, p. 1058.
certain auxiliary properties and interests. The Stock ExMassachusetts Electric Companies.— Successor for Lyun
change has also authorized the listing from time to time of & Boston RR. At midnight July 22 the Lynn & Boston
$8,25u,000 additional preferred of said stock as and when Street RR. Co. ceased to exist, and was succeeded by the
official notification is received that the same has been issued
Boston & Northern Street Ry. Co. Patrick F. Sullivan of
in exchange for the $7,500,000 preferred stock of the Rio Lowell is President, and E. C. Foster of Lynn, Vice-PresiGrande Western, making the total amount authorized to be dent and General Manager of the new company. The Boslisted under this and previous applications $44,400,000.
ton & Northern owns the lines, aggregating about 400 miles,
New Certificate.— The company announces that it is now controlled by the Massachusetts Electric north of Boston,
prepared to issue, and will issue as promptly as is practica- these lines including the Lowell Lawrence & Haverhill and
ble, its preferred stock in exchange for its interim certificates numerous others, which were recently merged in the Lynn &
heretofore issued, and will pay interest at the rate of 5 per Boston. The lines of the Massachusetts Electric Companies
—
—
—
July
THE CHRONICLE.
27, 1901.]
south of Boston have practically all been similarly merged
in the Old Colony Street Ry. Co.
Application of Cash. —The Massachusetts Railroad Cum
mission has been asked to authoiizn the application to the
payment of floating debt of the $251,100 that under tie
order of la9t October was to be applied to purchase of coupon
notes which it has been impossible to acquire at a reasonable
t
is desired to expend on new
quipmeut the
$300,400 intended to have been used for power house.- \ 72,
figure; also it
<
.
p. 936.
1938,
paid 30 cents an aore for it. In addition he *urrenders the telegraphs
absolutely, retaining the u*e of one wire for Ms own both
Mr. Held accepts the Dew railway oontraot, and agi
<i i n
the development of works within the oolony the
[mated u
the proposed limited ll&blllt]
Ha agrees alto to deposit $'J5o,ooo as tecurit)
unci' ot the railway oontraot, and submits to iho lui]
- for failure to perform ei-i tain Speeifll d f( i! iir. - ol
Mr Kr id agrees to fence In Hit) railway Hue wi.
00,Oi'O.
He iitains bin owner, inp or the Hi. John's dock, and Will con•
ror
thli
ty
mtract
tinue the ooantal steamer
j
The Reid Limited Liability Company embodied in the
i
i
.
proposed
Minneapolis St. Paul & Sault Ste. Marie By.—Listed.—
The New York Stock ExchaDge has listed $15,289,000 additional first consolidated mortgage 4 per cent gold bonds of
making the
total
amount
listed
$21,9-19,000.
statement to the Exchange says
Of the above amount $6,590,000 have been Issued
official
The
:
In
exchange for
underlying bonds as follows: $1,761,000 Minneapolis Haul! Bte. Marie
& Atlantic Ry. llrst mortgage bonds, $8. 829,000 Minneapolis & Pacific
Ry. tlrst mortgage bond*, which bonds have been canceled, rhe outstanding underlying bonds are $«, '239, 000 Minneapolis SaultSte. Marie
& Atlantic Ry. first mortgage bonds, and $161,010 Minneapolis &
Paolflo Ry. first mortgage bonds, making a total of underlying bonda
of $b,701,0C'0 for which the company holds In reserve a like amount of
consolidated bonds to exchange at par, bond for bond.
The mortgage scouring t-aid bonds provides that for every mile of
road built and fully equipped (not including side traoks) in addition to
the 800 miles the company then oicnvtl, as recited in said mortgage, an
additional lssne can be made at the rate of $20,000 per mile. In
aooordanoe therewith, since the execution of said mortgage, the oompany has bnilt i.H'i^a miles of road, and sold its said bonds to the
amount of $9,649,' 00, making total authorized issue, including bonds
reserved for the retiring of said underlying bonds, up to the present
time of $30,649,000. ihe said additional road extends from Hanklnson in North Dakota to Portal at the South boundary line of Manitoba.
Also from Boynton in North Dakota to Braddook in North Dakota.
Also from Rapid River Mich, to Trenary In the same State. Also from
Cameron to Rioe Lake, Wis., and from Barron to Ridgeland, Wis.
L85
new
Act,
it
is
stated, will
come
into existence at
once.
New
Orleans
& Northwestern
Ry.
Foreclt
-The
Central Trust Co., as mortgage trustee, has brought suit to
foreclose the first mort^a^e of 18'JU, the bonds secured by
which were deposited as collateral tor the collateral tiust 5
per cent loan of 1 93. The Gould interests recently acquired
control of the property, and it is understood are seeking by
means of foreclosure to obtain clear title. V. 72, p. 391.
fc
—
Northern Pacific
Ujj—New
Directtrs.—Oa
Tuesday,
agreeably with the letter of J. P. Morgan published last
week (page 138), a meeting of the directors was held at which
the resignations of Edward D. Adams. R. M. Gallaway,
Samuel Spencer, Dumont Clarke and Walter G. Oakman
were accepted, and Mr. Morgan's nominees were elected members of the board, viz.: E. H. Harriman, J. J. Hill, William
Rockefeller, H. McK. Twombly and Samuel Rea. The old
directors remaining in office are:
Robert Bacon, George F. Baker, Brayton Ives, D. Willis James,
John 8. Kennedy, Daniel 8. Lamont, Charles 8. Mellen, Charles Steele,
James Stillman and Eben B. Thomas.
The Union Pacific representatives are E. H. Harriman,
William Rockefeller and James Stillman. H. McK. TwomGuaranty.— The interest on all of the first consolidated bly and Samuel Rea represent, respectively, New York Cenmortgage bonds is guaranteed by the Canadian Pacific Rail- tral and Pennsylvania interests. V. 73, p. 138.
way Co. by endcrseruent as follows:
Pennsylvania RR.— Rumor Denied. John W. Rtnner
For value received, the Canadian Pacific Railway Co. hereby guarantees the Comptroller of the Pennsylvania Company, telegraphs ns as
punctual payment of the interest on tbe within bond at the rate of i per sent
per annum, at ilie Units and la the manner therein siated. In witness whereof follows in reply to our inquiry: "The statement that has been
the said comVmny has caused this guaranty to be duly subscribed by s Secre- going the rounds of the papers that the Pennsylvania intertary pursuant to a resolution of its board ol directors duly passed on Julv 19,
18H0.
ests have secured trackage rights over the Michigan Central
The Canadian Pacific Railway Co.
—V. 72. p. 645.
or any other road between Toledo and Detroit is untrue.
Missouri Pacific Ry.- Listed. —The New York Stock Ex- There has been no change, nor is any contemplated, in the
change has listed $18,701,500 additional capital stock and has method of transacting the Pennsylvania Company's business
authorized the listing from time to time on and after Aug. 1, between Toledo and Detroit."— V. 73, p. 83.
1901, of a further amount of $9,992,500, when issued full paid,
Railways & Light Co. of America.— New Company.— This
making the total authorized.listed and to be listed $76,131,000. company was recently organized at Baltimore for the purThe additional stock ($28,624,000 in all) has been issued for pose of acquiring, owning, controlling and operating street
the following purposes:
railways and lighting plants in various parts of the country.
To acquire all the oapltal stock of the Kansas City NorthJ. W. Middendorf of Baltimore is President
R. Lancaster
western Ry. Co.; also $2,983,500 of the bonds of said,
Williams of Richmond, Va,, Vioe-President; A. H.Ruthercompany out of an outstanding Issue of $*,016,ocO
ford, Treasurer, and Charles Bryan, Secretary.
The authorpar value thereof. [The KanSba City {North western Ry.
extends from Kansas City, Kan., to Virginia, Neb., with
ized capital stock is $500,000, but it may be increased to $1,a branch to Leavenworth, Kan., a distance in all of
000,000. The office is in the Continental Trust Co. Building,
about 161-65 miles]
$2,983,500 Baltimore.
For a like amount of convertible gold debenture bonds of
—
—
il
;
—
1 900 (entire issue)
exchanged and canceled and the indenture securing the same, satisfied
11,218,000
In partial payment of shares of the Denver & Rio Grande
4.500,000
_ »R
Subscribed for by stockholders at par for the purpose of
providing for oompany's financial requirements, Including payment for shares of stock of the Denver &
Rio Grande RR. Co. purchased
9,922,522
Rutland RR. Consolidation. The shareholders will vote
July 30 upon agreements for the consolidation and merger
of the Bennington & Rutland RR. Co. and the Ogdensburg
& Lake Champlain Ry. Co. and their property with this
company and its property.— V. 72, p. 1280.
Salt Lake City RR.—New Mortgage.—The company has
filed a second mortgage to William S. McCormick and ClarTotal
$28,624,022 ence K. McCormick, trustees, to secure $500,000 of $1,000 6
The Missouri Pacific Ry. Co. has acquired and holds in its per cent bonds, dated Feb. 1, 1901, and due Feb. 1, 1905, The
treasury $14,800,000 of the common capital stock and $7,- mortgage, it is stated, includes, subject to the first mort300,000 of the preferred capital stcck of the Denver & Rio gage bonds, all the property of the company, franchise^, realGrande RR. Co. See that company above.
estate, rolling-stock, etc. It also "includes 8423,000 6 per cent
Earnings.— For the five months ended May 31, 1901
first-mortgage bonds of the Salt Lake Rapid Transit Co. of
MISSOURI PACIFIC RAILWAY.
which $315,000 are due on Feb. 1, 1910, and $108,000 due
Gross
Net
Other
Interest,
Balance, July 1, 1903." The new bonds, it is understood were used to
5 months, earnings.
earnings,
income,
rentals, etc.
surplus. retire the bonds of the Rapid Transit Company and to provide
1901
$6,640,908 $2,048,603 $383,784 $1,816,443
$61o,944
for improvements.
ST. LOUIS IRON MOUNTAIN
SOUTHERN RT.
Sale.—The North American Trust Co. of this city, it is
1901
$6,722,313 $2,713,403 $904,260 $1,748,747 $l,8ti8,916
—V. 72, p. 1260.
understood, is arranging on behalf of a syndicate to purchase
Montana & Great Northern Rj.—New Company.— See the following properties whose "various assets " the "Salt
Lake Tribune" says are " quoted" as follows: Salt Lake City
Great Northern Ry. above and V. 72, p. 1187.
<fc
RR., $1,700,OCO; Rapid Transit, $750,000; Utah Power. $500,and Calder's Park, $50,000.— V. 73, p. 33.
&
&
Salt Lake Rapid Transit Co.—Sale.— The shareholders
will vote Aug. 1 upon a proposed sale of all the real and personal property and franchises of the corporation. See Salt
Lake City RR. above.— V. 72, p. 1280.
Santa Fe & Krand Canyon RR.— Sold.— At the receiver's
sale on July 19 the property was bought in at the upset price
Montville St. Ry.—Not Subject to Call.— The original
mortgage provided that the bonds might be redeemed before of $150,000 by the committee representing the bondholders,
maturity, but afterwards a supplemental mortgage was one of the largest of whom is the Atchison Topeka & Santa
made and filed, in which this redemption clause was elimi- Fe Ry. It is thought that the name of the company will be
nated, and further provisions inserted to the effect that the changed to the Grand Canyon RR.
The reorganization committee consists of E. D. Kenna of
company should have no right to call the bonds before their
the
Atchison Topeka & Santa Fe. Ry.; Byron L. Smith of
maturity on May 1, 1920.
The bonds, therefore, run until
May 1, 1920, and are not subject to compulsory redemption the Northern Trust Co. of Chicago, and ex- United States
Comptroller Eckels, now of the Commercial National Bank
before that time.— V.
Monterey & Mexican Gulf
RR.— Minority
Interests.—
J.
W. Seligman
Co. when recently selling the control of this property to the Mexican Central,
stipulated that the same terms should be allowed all the
minority stockholders; a circular regarding the matter
has just been issued. The payment, it is said, will not be
made until September or October.— V. 72, p. 1238.
It
seems that
71, p. 342.
Newfoundland Railway, Etc.—Dispute Settled.— A press
dispatch from St. John's, N. F., under date of July 19, says:
000,
of Chicago.
The expectation
is
that the existing $1,000,0 JO
be replaced by common stosk. and that there will
be authorized an issue of $250,000 preferred stock, $100,000 of
An agreement between Premier Bond and Mr. Reid, the contrac- the latter to be held in the treasury and the remainder to be
tor, was concluded this afternoon. It provides for a number of unexpected changes, and virtually overturns the previous contract by a turned over to the Atchison in return for $150,000 ca9h. With
new arrangement. Mr. Reid resigns his ownership of the Colonial this cash the road will be completed to the rim of the canrailways, of whioh he had secured the reversion of proprietary rights yon, a distance
of about 11 miles.— V. 71, p. 544.
after fifty years, by Immediately paying $1,000,000. This sum is to be
repaid to him now with interest. He also surrenders 2,800,000 acres
Seaboard Air Line Ry.— Pre-pay meat of Loan Certificates
of land, which he had obtained under the last oontraot, and will be —The
Continental Trust Co. of Baltimore is now paying on
bonds
will
THE CHRONICLE.
186
presentation the 6 per cent, loan certificates
$3,400,000) which,
Aug. 28.— V.
(total issue
having been called for payment, are due on
73, p. B8.
Ry.— Foreclosure Sate.— Judge C. H. Hanford,
at Seattle, on July 16, signed a decree for the foreclosure
sale of this property.
The sale, it is said, will take place
about Aug. 28, and it is expected will result in the transfer
of the road to the Seattle Electric system. V. 72, p. 873.
Seattle & Northern Ry.— Status. —The entire capital stock
of this company ($5,000,000), which was formerly owned by
the Pacific Coast Co., but sold by the latter in February,
1899, for $400,000, has been acquired by the Great Northern
Ry. The road runs from Anacortes to Hamilton, Wash., 36
miles, and an extension from Hamilton, Wash., east to Sauk,
30 miles, is expected soon to be ready for operation. See
Great Northern Ry. item above.
Seattle Citj
—
Staten Island Rapid Transit RR.— Decision.—Justice
Marean in the Supreme Court of Richmond County on
Thursday declined to reopen the foreclosure suit, as asked by
Robert L. Cutting and others, who alleged fraud on the part
of the Baltimore
&
Ohio.
As regards
the right of the plain-
he says:
tiffs,
"Plaintiffa are entitled to a transfer of the same number of shares
new company as they hold of shares of the old company, upon
payment, within twenty days, of their pro rata share of the moneys
paid by defendant, as above stated, for interest on second mortgage
bonds, subject, however, to defendant's lien for the payment of plain
tiff's pro rata share of the inoome bonds held by the defendant, as
above stated, and of the defendant's open account aforesaid, such
lien to be secured by pledge with the defendant of the stock transferred."— V. 70, p. 895.
Of the
Twin City Rapid Transit (Minneapolis).— Increased Dividend on Common Stock.— The company has increased its
semi-annual dividend on the common stock to 2 per cent,
payable Aug. 15. The previous payment on this stock was
V/% per cent Feb. 15, 1901.— V. 72, p. 1189.
Union Pacific RR.—New Directors.— Alvin W. Krech and
Thomas T. Eckert have been elected directors of the company.—V. 72, p. 139.
United Power & Transportation Co.— Last Assessmznt—
Lease.— The final assessment of $5 a share (20 per cent) has
been called on the $3,125,000 stock, payable on or before Oct.
1.
A director is quoted as saying
We are spending this year nearly $2,000,000 for Improvements, extensions and for newly-acquired properties, and it is in this direction
that the proceeds of the present call will be applied. An offer to lease
the Beading Southwestern will be made next week and we expeot it
will be accepted— V. 73, p. 284.
Wabash RR.— Pittsburg Connection.—Contracts aggregating |8,OCO,000, it is stated, have been awarded on account
of the construction of the line, 70 miles in length, projected by the Gould interests as an extension into Pittsburg.
The new road, it is said, will be known as the
Pittsburg
Carnegie or the Pittsburg Carnegie
Western
RR. Ifc will include a tunnel 4,450 feet long and a bridge
over the Monongahela River.—V. 72, p. 1239.
&
&
[Vol.
LXiin.
tion of property for It* bualnes«,
permanent Improvements, etc, the
This has benefited both classes of stockadded security which it has given,
and the common stock In the added value of the property and in increased facilities for the transaction of It* business. The $ 5,000,000
\vhlon the proposed Increase will bring to the treasury will be used
tor its business purposes.
Increase of the business requires an increase of capital.
The
strength of the business consists in Its freedom from mortgage debt
and its entire pecuniary Independence. The entire amount realized
from the new stock will come into th»i treasury of the company, and
will be available for its business uses.
Mimof over
$15,000,000.
holders, the preferred stock In the
President
Havemeyer
is
quoted by the
New York Sun 'I
as follows:
The company does not purpose to buy up a single Independent
We have no use for any more properties, and this Includes
the Arbuckles. We have made no settlement with them and have no
intention of making one. If you were to say that we had in mind
some operations in fields outside the Ui.lted States, but not far from
our shores, you mieht come pretty near to hitting the nail on the
head. Hawaii is too far away, but they grow pretty good sugar in
Cuba and Porto Rioo. The sugar industry In Cuba will boom when
they get the tariff fined right. What they want in Cuba, and what the
beet sugar men and the cane-sugar growers in the country would not
object to, is the admission to American ports of raw sugar from Cuba
and Porto Rico free of duty. What the growers here want is a tariff
on refined sugar. Give them a tariff on the refined produot of half a
a cent. That will take care of them, and we can get free raw sugar
from Cuba and Porto Rico. And Congress will give us that kind of a
plant.
tariff.
You will notice something in that letter about the cancellation of
$10,000,000 of mortgage bonds. Those bonds were authorized but
never issued. We want to cancel the authorization and get It out of
rhe way. And there is one thing more. I have noticed in the papers
recently that the Sugar Trust was back of and interested in the tight
whioh Spreokels is making against Oxnard out in California. Oar
company has nothing whatever to do with that fight.
Free trade between the United States and Porto Rico was
proclaimed en Thnrsday.— V. 72, p. 1137.
American (Bell) Telephone & Telegraph Co.— Full Text
of Opinion in Berliner Case.— As a matter of record it should
be noted that on June 24, 1901, Judge Brown, representing
the United States Circuit Court for the District of Massachusetts, handed down the full text of the opinion of that
Court in the two so calledfcBorliner telephone patent cases.
These cases were decided in February last. (See V. 72, p.
-V. 73, p. 84.
American Woolen Co.— Reduction in Prices.— The company has made a reduction of pnees on its various lines of
goods of from 5 to 12 per cent.— V. 73, p. 34.
Butte City Water Co.— Certificates, Etc., Ready Aug. 1.
439.)
—The
reorganization committee will on Aug. 1 begin delivering through the Massachusetts Loan & Trust Co. of Boston
the certificates and cash called for by the plan of reorganization of June 13, 1900 (see V. 70, p. 1251), as follows:
For each $1,000 old bond deposited will be given $500 In
1.
bonds of the new company and two shares of the capital stock of said
new company also interest in cash at 5 per cent per annum on par
value of eaid new bonds from Feb. 1, 1900, to July 1, 1901.
2. To each stockholder who has subscribed for bonds of the new
company $500 in new bonds and five shares of the new company for
each $500 in cash of suoh subscription and Interest thereon in cash at
5 per cent per annum from date of suoh subscription to July 1. 1901.
;
3. There will also be paid 50 per cent in cash of the face value of
Washington County RR.— .Yew General Manager.— From
any scrip and ooupons maturing on or before Feb. 1, 1899, deposited
15, 1901, W. R. Kelley succeeded H. F. Dowst as Genwith interest on eaid 50 per cent at 5 per cent per annum from Feb. 1,
eral Manager of the company.— V. 68, p. 284.
1900, to July 1. 1901.
Washington & Great Northern Ry.— New Company.—
The 5 per cent bonds issued by the new company, the
This company, alluded to under Great Northern Ry. above, Butte Water Co., will bear the date of July 1, 1901.—V. 72,
was recently incorporated with $10,000,000 authorized stock, p. 875.
and has the right to construct about 250 miles of road from
Casein Co. of America. Dividend. — The fifth quarterly
Wenatchee, Wash., northeast to Osoyoos Like, British Colum- dividend of 2 per cent on preferred stock was declared this
July
bia, with a branch via Republic and Marcus, Wash
to week, payable Aug. 10 to holders of record July 31. DiviCascade City, B. C.
dends were begun in August, 1900.—V. 72, p. 677.
Winona & Western Uj.— Option.—See Chicago Great
Central Oil Co.— A^ Dividend. The directors on July 23
Western Ry. above.— V. 70, p. 634.
voted not to declare a dividend; \% per cent quarterly has
Wisconsin Traction Light, Heat & Power Co.— New Mort heretofore been paid. President Glasier is quoted in the
gage. —The company has made a mortgage to the Milwaukee " Boston News Bureau" as follows:
Trust Company, as trustee, to secure $3,000,000 of 30-year
A year ago the company purchased for $100,000 the Old Colony Oil
notes in payment therefor. In view of the payments on
5 per cent gold bonds, interest payable semi-annually.— V. Co. giving
these notes and the necessity for continuing extensive development
,
—
72, p. 937.
INDUSTRIAL. GAS AND MISCELLANEOUS.
American Locomotive Co.— Enlargement of Schenectady
Plant.—The intention of the company to increase the capacity of its plant from 1,700 to 2,000 locomotives yearly
was announced in this column several weeks ago. (V. 72, p.
It is now stated that the Schenectady works, whose
1281.)
annual capacity is 425 locomotives, are the ones to be enlarged, and that they will be made the central plant of the
system, with a total maximum output of 1,000 locomotives
yearly. The cost of the changes will be met from working
capital.
President S. R. Callaway says that the company has
orders enough to keep it busy for a year, and that the foreign
demand
for American locomotives is very large. See
statement as to property, etc., in V. 73, p. 80.
American Sngar Refining Co.— $15,000,000 New Stock at
Par.—The shareholders will vote Sept. 18 on a proposition to
official
increase the common stock from $37,500,000 to $45,000,000
and the preferred stock to the same extent, the holders of
each class to have the right to subscribe at par to new
shares of the same class as that held by them, in the
proportion of one new share for five old shares. To authorize the issue of the new stock requires that two thirds in interest of each class of stockholders shall vote in favor of it.
circular says in part:
The company, at its organization, authorized an issue of $10,000,000 mortgage bonds. It is proposed that these bonds and the mortgages shall be canceled. The company has expended in the acquisi-
A
work on
its leases In Indiana, the directors wisely concluded to defer
the dividend. There remains but $35,000 to pay on the notes, this
item constituting the only debt of the oompany, and being practically
covered by cash in the treasury, the dividend for the past quarter ,
notwithstanding the low price of crude oil, having been more than
earned. Our net earnings for the past six months amounted to rising
$80,000, a considerable portion of whioh was absorbed In development work in Indiana, from which field we received word yesterday
that a 40-barrel weU had oome In. The current production of tbe
company amounts to between t>50 and 700 barrels of crude per day.
It has been at times as high as 1,000 barrels, but the former figures
represent an average output.— V. 72, p. 440.
Citizens' Light & Power Co. of Newark, N. 3.— Incorporated. This company was incorporated in New Jersey on
July 24 with $1,500,000 of authorized capital in shares of $100
A. Jones, Melville A. Carpenter
each. Incorporators,
and Jos. B Short, all of Newark, N. J. The Peoples' Light
Power Co. was proposed as the name of the new company,
but was discarded owing to the jexistence of a company of
similar name in the United Electric Company's system.
—
Wm.
6
Consolidated Gas Co. of New York.—In Control— See New
& Queens Electric Light & Power Co. below.—V. 72,
York
p. 1282.
Edison Electric Illuminating Co. of Boston.— Consolidation Assured.— Of the 30,000 shares of stock of the Boston Electric Light Co., 27,858 have been deposited under the
plan of consolidation.— V. 73, p. 149.
Egg Baking Powder Co. of New York.—Stock Offered.—
This company, witn "no bonds" outstanding and "only one
stock, $2,500,000, full paid and unassessable," is offering "a
limited amount of the treasury stock of 110,000 shares at $6
July
THE CHRONICLE.
27, 1901.]
a share, par value $10. Proceeds from the sale of any or all
of the said treasury Btock will be need solely for advancing
and enlarging the business of the company." The Presid
is
80
William Lord Sexton, and the Treasurer Arthur
West
St..
New York
II.
Hacker,
Connection, it is stated, will be made with tlif- line! of the
Keystone Telephone Co. of Philadelphia and other mdependent companies.— V. 72, p. 1210.
Line Steamship Co.
It- land
pitches repoit the paymi Dt this week by J. 1'.
amount due on tho purchase of this company's
See V. 72, p. 875, 939.
>
City.
—
pi
Elkhart (Ind.) Electric Co.— Bonds Offered.— The Thompson, Tenney & Crawford Co. of Chicago, 111., offers for sale
$100,000 of this company's §150, COO first mortgage winking
Liquid Air Power & Automobile Co.— Receiv-r. — Cuarles
fund 5 per cent gold bonds, dated March 1, 1901, due March
F. Bruce and others have applied for a receiver for tbJ
1
1, 1931, but subject to call as an entire issue, but no
pauy, a West Virginia corporation with a. factory a:
part, after March 1, 1906, at 110 and interest. New York Sebridge, Mass. The capital stock is $1,550,000; asset*, it is
curity & Trust Co., trustee. Officers and capitalization
liabilities, $1,500.
1.
:
President, Martin V. Belger, Mlshawaka, Ind.; Vice-President, II
Hobart Porter Jr., N. Y.; Treasurer and General Manager, Charles F.
Hewitt.
Capital stock authorized and outstanding. $100,000; total amount
of bonds authorized, $150,000. of which $50,000 held by trustee for
future extensions and Improvements.
»
Federal Was
&
tificates.— Judge
Fuel Co. of Columbus,
DeWitt
C.
0.— Receivers'
c. r
Badger of the Franklin County
Common
Pleas on July 15 authorized the issuance
Judge Blandin of
certificates.
Cleveland, representing Cleveland stockholders, gave notice
of an appeal.— See V. 73, p. 35.
Forward Reduction Co.—Stcck Offered.— This company is
offering at par (now $10 a share) a limited amount of its
capital stock. The authorized issue has been increased from
$3,000,010 to $5,000,000, but of the latter amount $2,600,000 is
reported in the treasury. An advertisement says the com
pany owns all the stock of the Forward Oil Producing Co.,
the Forward Refining Co. and the Forward Pipe Line Co
and in its own name and through its subsidiary companies
above named is the owner of the following:
1. Pr. Chaunoey B. Forward's prooess for refining orude petroleum
and the patents relating to and covering the same. This system Is
particularly applicable to the refining of the heavy oils, recently discovered, of Louisiana, Texas and California. A refinery, to be established on tidewater near the Texas and Louisiana oil fields, and capable of treating 2, 5C0 barrels of orude oil a day, is in prooess of construction and will be in operation some time during the present year.
2. The oil rights on about 100 ,000 acres of land in Southwestern
Louisiana and Southeastern Texas. Several thousand acres of thete
lands we own in fee simple, but on most of them we have the usual oil
lease, wbloh gives us the right to the oil and minerals on the property,
subject to a payment to the owner of one-eighth or one-tenth royalty.
In Jefferson County, Texas, and Calcasieu Parish, La.,— whloh Includes
the leading oil districts of their respective States— we have larger
holdings than any other oil company,
The officers are: President, Chauncey B. Forward, CleveVice President, Edward L. Buchwalter, Springland, O
field, O.; Secretary and Treasurer. L. V. Denis, Cleveland,
O.; General Counsel, Walter S. Logan, 27 William St., N.
Y.— See also V. 71, p. 1122.
Court of
of the $300,000
receivers'
,
;
Water Co.— Organization.— This company, whose
mortgage was mentioned last we<k, was organized a few
Gila
weeks ago under the laws of Arizona with §1,0C0,(J00 of
authorized capital stock in shares of $100 each. The directors are: C. F. Ainsworth (President), John S. Stevens (VicePresident), W. C Foster (Secretary), S. M. McCowan (Treasurer) and J. W. Gifr, director. Office, Pnoenix, Ar.— V. 73,
claimed, are $7,500;
—
Los Angeles City Water Co.— City's New Oj)
The City Council on July 11 voted to offer the cempany
$2,000,000 in full settlement of the matters in dispute, this
offer if accepted to be submitted to the voters of the city for
On July 18 the company in writing annoam
ratification.
its willingness ^to accede to the proposition, if slightly modified.- V. 73,
p. 85.
(Jueeus Electric Light & Power Co.— Directfollowing gentlemen have been elected directors
for the ensuing year, both of this company and the Newtown
& Flushing Gas Co.:
Frank Tilford, Henry R. Wilson, Harrison E. Gawtry, Thomas W.
Stephens, Lewis B. Gawtry.
A majority of these directors, it will be observed, are
representatives of the Consolidated Gas Co.— V. 72, p. 1038,
New York &
—The
ors.
1039.
Norristown (Pa.) Insurance & Water Co.— Increase of
Stock.— The company has increased its capital stock from
$300,000 to $450,000. Of the new stock $100,000, it is said, will
be issued at once for improvements, including n«w buildings,
a large filtration plant, and the purchase for $32,000 of the
Bridgeport Water Co.
Northwestern Wireless Telephone
—
& Telegraph Co.—
Stock Offered. This company has been offering a block cf its
stock at 25 cents per $1 share. The company was incorporated in Arizona last May with $5,000,000 authorized capiJoseph S. Schwab of Chicago is President. See
tal stock.
American Wireless Telegraph & Telephone Co. (the parent
company) in V. 72, p. 874.
Orange (N.
J.)
Water Co.— Offtr Refected.—The East
Orange City Council on July 18 unanimously voted not to
consider the proposition of the company to
the city for $800,000. See V. 73, p. 86.
sell
its
plant to
Pressed Steel Car Co.— Orders.— The Pennsylvania RP.
Co. recently ordered 1,250 box cars of 100,000 pounds capacity, the first of the kind ever built, and the Erie RR. 1,000
gondola cars. The usual dividends on common and preferred
were declared on Tuesday.— V. 72, p. 1139.
Rubber Goods Manufacturing Co.— Half- Year's Earnings.
results for the six months ending June 30, 1901, are
—The
reported as follows:
p. 140.
Grand Junction (Col.) Electrie & Manufacturing Co. of
Colorado.— Interest Payment. Reorganization. Pending
the reorganization of the company, it has been decided to pay
one-half the interest due on July 1st, 1901, upon surrender of
the coupons of that date through I. H. Woolson at the
Second National Bank of N. Y. In the meanwhile a plan of
reorganization is being arranged which will be submitted in
due course. This plan, it is thought, will have the approval
of the large majority of the bond and stockholders of the
company.
Great Lakes Towing Co.— Dividen (/.—The company has
resumed distributions to the stockholders, a quarterly divi
dend of \% per cent having been declared payable Aug. £0.
The dividends for the two preceding quarters were omitted,
owing to the contest with the Maytham interests, which
ended by the purchase of the latter in April last.- See V. 72,
—
—
p. 778, 393.
Inter- St ate Brick Co.— Proposed Consolidatior .— It is proposed to organize a company under this title, with §2,000 000
of common stock, $3,1 00,000 of 7 per cent non cumulative
preferred stock and $1,250,000 of first mortgage 5 per cent 20year sinking fund gold bon^p, to consolidate various brick
concerns in Connecticut, Rhode Island, and New York,
and in Massachusetts south of the district occupied by the
New England Brick Co. (See V. 71, p. 1070. 1123.) A number of properties are under option, and an annual output of
340 millions of brick is hoped for, yielding a net profit of
$1 50 per 1000. W. A. Lombard is promoting the enterprise.
The New England Brick Co., it is stated, is a distinct undertaking.
$1,209,564
Earnings for half-year
Deduct—
Quarterly » On preferred, two of 1\ p. c. each
dividends. 5 On common, two of 1 p. c. each
Paid to the Amerloan Bloyole Co. iu consideration of cancellation of guaranties given to said company
Balance (equal to over 2*2
p.
con common)
281,799
338.834
120,000
$468,931
states that the directors favor
pursuing the conservative policy of accumulating a surplus
Chairman Charles R. Flint
rather than increasing the common stock dividend.
Mr. Flint's Interests.— See United States Rubber Co. be-
low.—V.
72, p. 939.
Russell, Burdsall& Ward Bolt* Nut Co.— Consolidation.
This company absorbed the Russell, Burdsall & Ward Co. and
the Portchester Bolt
Nut Company on July 1. See V. 72,
&
p. 1140.
Snoqualmie Falls Power Co.— To Increase Capacity.—
The company has arranged to expend about $350,000 in improvements which, it is said, will more than double the
present capacity of the plant. Three generators of 4,000
horse power each will be installed. V. 70, p. 433.
—
Springfield (Mass.) Breweries Co.— Dividend Deferred.—
The company has deferred the payment of the semiannual
dividend of 4 per cent on its preferred stock. V. 68, p. 674.
—
Standard Shoe Machinery
Co.— Reorganization.— New
interests, it is said, have obtained control of this company
and propose to reorganize under the name of the Consoli-
dated Shoe Machinery Co. Messrs. Matthews
St have the matter in hand.— V. 71, p. 1074.
&
Co., 40
Wall
,
of Greenwich, N. Y.— The
to the Colonial Trust Co as
trustee to secure $200,000 of 6 per cent gold bonds. The new
issue, it is said, provides for the retirement of $150,000 existing bonds at or before maturity, and for improvements.
The mortgaged property is at Greenwich, Washington
County, and Northumberland, Saratoga County.— V. 72, p.
Thomson Pulp & Paper Co.
of New Jersey.— Incnase of company has made a morrgage
Inter-State Telephone Co.
Stock.
The company has filed a certificate increasing the
capital stock from $100,000 to $5,000,OCO, of which $l,5uo,000,
it is stated, has been issued.
It is also proposed to make a
mortgage to the Trenton Trust
Safe Deposit Co. a^ trustee
to secure $5,000,000 of 5 per cent 30-year gold bonds. The
company, it is stated, has bought control of the Heme Tele
phone Co. of Trenton (see V. 72, p. 1240) and also of the
Paterson Passaic
Suburban Telephone Co. (capital stock,
—
&
&
$300,000). The officers are
H. H. Haraill, of Trenton, President; A. M. Worstall, Philadelphia,
Secretary; Barker Gummere Jr., Trenton, Treasurer, and G. W. Beers,
Trenton, General Manager.
1191.
Union Ferry Co. of New York.-JVo Bidders— There v
no bidder for the franchises on July 19, and the sale wts
postponed. See V. 73, p. 86; also V. 72, p. 1140, 1033. 940.
United Electric Co. of New Jersey.— .Kiwi* Enterprise.—
See Citizens Light & Power Co. above.— V. 72, p. 1088,
THE CHRONICLE.
188
I
Vol.
LXXiu
NEW YORK AND BROOKLYN TRUST
United States Knbbcr Co.— Mr. Flint /tm'f/n*.— Charles
CO'S.
R. Flint bHH resigned as Treasurer, and been succeeded by
Reports
of
mi"
1901,
compared
with
companies
these
J
80,
James B. Ford. Mr. Ford in tarn resigned as First Vice
Dec.
art
below.
The
reports
3!, 1900, and June 30, 1000,
given
President, thin ollice being taken by Costnllo C. Converse of
Boston. Mr. Flint is chairman of the ex'entive committee for Deo. 81, 1800, and June 30, 1890, are in the Chronicle of
and the largest shareholder of the Rubber (Ijods Manufac- July 28, 1900.
turing Co. The following statement is made:
AMERICAN DEPOSIT & LOAN COMPANY.
Mr. Flint will continue as a dlreotor of the United 8tates Rubber
Rexourcr.8.
Co., as there la no conlllotof Interest between the two corporations,
the Rubber Goods Manufacturing Co. not making rubber boots and
June 30, '01. Dee. 31, '00. June 30, '00Bhoes, which Is the principal output of the United States Company,
Bonds and mortgages
$605,305
$479,941
$686,500
and the United Ktatea Company being a shareholder In the Rubber Stockluvestin'tMuiiirketvalue)
626,3*3
:.^,948
600,398
(JooiIh Company.
Amount loan. on collaterals. 2,786,819
2,788,844
2,690,482
Mr. Ford hasbeen a dlreotor of the United States Rubber Co. since Amt.loancd on pers'l securities
424.4-iO
413,791
390,888
Its Incorporation, his company, the Meyer Rubber Co. of New BrunsCashon liand
7,127
7,848
11,417
|
1
(I
wick, going Into the United States Company upon its organization in
1892. He is at present the largest stockholder of the United States
Cash on deposit..
268,921
53,106
212,720
16,591
181,911
20,532
Total
$4,828,072
Mr. Flint states that for some time be has had only a
Liabilities.
nominal interest in the United States Rubber Co., and in
stock
$500,000
view of his large interest in the Rubber Goods Manufactur- Capital
Undivided profits
219,227
ing Co. and the increasing demands on his time, he has Gen'l dep'lts, pay'leon dem'nd 4,019,536
thought it better, in justice to both the United States Rub- Other liabilities
89,309
ber Company and himself, to make way for some one who
Total
$4,828,072
had a large stock interest, and who, from the point of view of
Supplementary.
policy and time, could give closer attention to the affairs of
$4,678,001
$4,229,829
$500,000
183,515
$500,000
171,426
3,909,427
85,059
3,489,110
69,293
$4,678,001
$4,229,829
$319,024
103,337
53,199
40,000
'$221,395
*49,925
'36,070
'25,000
3,489,110
Other assets
Rubber Co.
the
company.— V.
Tot.
72, p. 1033, 1039.
United States Steel
Corporation.— Strike.— The great
strike continues with little change in the general situation.
The American Tin Plate Co. continues to operate its works
at Monessen, and is also receiving the product of the ten mills
of the Sharon Tin Plate Co. in accordance with the contract
noted last January (V. 72, p. 187). The American Steel
Hoop Co., at last accounts, had in full operation only the
Portage works at Duncansville.
The Sheet Steel Company
expects shortly to start the Wood works at McKeesport, its
second largest plant, which has been undergoing repairs.
All its other non-union she9t mills (with the exception of the
Wellsville plant, which has been short-handed but is expected
to be in full operation next week), it is understood, are running
to full capacity.
The following denial, made last week by J. P. Morgan, of
the rumors of a pending settlement is understood to mean
that the only outcome of the strike can be the submission of
the Amalgamated Association: "There is not a word of truth
in the report. There has been no settlement, and there can
be no compromise on such a question. The position of the
operating companies
and
so far as I
is
amt of
profits
'$123,174
'56,325
*16,136
*15,000
4,019,536
during year.
same per'd.
Exp. of institution, same per'd.
Amt.ofdiv-. deol'd, same per'd
Int. credited dep'rs
perfectly simple and well understood,
Amt.of dep.onwh'hint.isall'd.
Rate of interest
3,909,427
lJ«to4%
l «to4%
ato4%
ATLANTIC TRU8T COMPANY.
l
1
1
Resources.
June 30, '01.
Bonds and mortgages
Stock invest's (market value)..
Amount loaned on collaterals.
Amt. loaned on pets'l securit's
June
30, '00.
$811,300
$438,970
1,408,017
9,480,397
101,522
55,830
11,340
1,172,738
142,870
2,568,139
5,771,883
100,761
55,830
2,029
1,641,024
148,048
1,376,292
2,905,418
$13,312,014
$11,097,014
$6,733,453
$1,500,000
1,000,000
10,854
52,337
8,506,283
27,550
$1,000,000
454.090
$13,312,014 $11,097,014
$6,733,453
Real estate (estimated value)..
Cash on hand
Cash on deposit
Other assets
Total
Dee. 31, '00.
$936,300
222,580
61,330
2,218
1,601,575
125,070
Liabilities.
$1,500,000
1,000,000
12,367
123,489
Deposits in trust
General dep'ts, pay. ondem'd. 10,611,151
65,007
Other liabilities
Capital stock
Surplusfund
Undivided profits
am concerned has my unqualified approval."
Total
101,385
5,167,445
10,533
Supplementary.
Yesterday it was said that a majority of the employes of
'$139,121
$304,290
the National Tube Co. of McKeesport had joined the Amal- Tot.am't of profits during year. '$217,363
*52,393
*99,833
125,841
same per'd.
gamated Association, and although wages were advanced on Int.credlted dep'rssame
*31,916
'36,997
65,954
period.
Exp. of instit'on,
July 1 they are proposing to strike to uphold the association. Amt. of divs. decl'd same per'd
'45.000
15,000
8,145,000
4,650,000
Independent Tin Plate Plants.— See Carnahan Tin Plate & Amt.ofdep.on-whichint.isall'd 9,950,000
l^toSigp.o. 1*210312%. l^toSijp.c.
Sheet Co. and Chicago Tin Plate & Can Co. in last week's Rate of interest
Chronicle.—V. 73, p. 142, 36.
BOWLING GREES (FORMERLY PRODUCE EXCEL) TRUST CO.
Resources.
Van Choate Electric Co.— Meeting.—An advertisement
June 30, '01. Dec. 31. '00. June 30, '00.
signed by S. F. Van Choate says:
$4,449,019
$2,920,451
Stock invest'ts (market value). $4,827,783
All sbareholders who desire the success of the oompany and their
5,085,752
6,631,270
Amount loaned on collaterals. 7,852,169
shares to become valuable are invited to attend personally, or be re- Amount loaned on per'l seour..
256,609
212,970
170,047
presented, at a special private meeting, to be held at Wells Memorial Cashon hand
25,451
39,630
65,558
Hall, 937 Washington Street, in Boston, on July 30. 1901. at 7 p M.,ror
1,410,249
1,738,901
2,275,332
Cash on deposit
the purposes of conferring with me and other interested parties, and Overdrafts
767
considering and aiding measures which are necessary to recover our Duefrom banks
769,455
property and the company from the parties who now
have control.—
V. 72, p. 884.
303,256
Other assets
160,932
374,809
$15,537,068 $13,403,676 $10,529,666
Total
Portland Cement & Chalk Co.— ReorganizaLiabilities.
L. Eldridge and L, Heynecker announce
$2,500,000
$2,500,000
$2,500,000
that they will act as a committee to reorganize the affairs of Capital stock
2,500,000
2,500,000
2,500,000
Surplusfund
the company. Holders of first, second or third mortgage bonds Undivided profits
123,791
132,747
48,099
6,338
are requested to deposit the same on or before Aug. 2 next Deposits in trust
6,338
5,397,973
8,245,340
with the Knickerbocker Trust Co., subject to the plan of General deposits, pay. on dem. 10,174,542
White
tion.
Cliffs
—Frederick
reorganization dated July
Wilmington (N. C.) Sewerage Co.— Mortgage.— The company has made a mortgage to the West End Trust & Safe
Deposit
Trust Co. of Philadelphia, as trustee, to secure
$150,000 of 5 per cent bonds of $500 each, dated May 1, 1901,
and due in 1931. William E. Worth is President.
$15,537,068 $13,403,676 $10,529,666
Supplementary.
'$243,199
'334,654
$391,845
Tot. am't profits during year..
*92,389
'132,237
163,768
Int. credited dep's, same per'd.
'142.894
*42,582
240,585
Exp. of institut'n. same per'd.
4,883,800
7,361,589
Am'tofdep.omvhichint.isall'd 9,678,794
2 to 3 p. o.
2 to 3 p. o.
2 to 3 p. c.
Average rate of interest
Total
BROOKLYN TRUST COMPANY (BROOKLYN.)
—A copy of the
" Industrial Art Edition" of " The State"
of Columbia, S. C, A. E G-onzales, publisher, has just come
to hand. The "Art Edition" is a large and elaborately
arranged supplement, attractive in appearance as well as
replete with reading matter. It contains, in addition to a
large display of advertising, articles on the government and
executive officers of the State of South Carolina and the city
of Columbia, and on the various educational institutions and
business concerns of the State. Among others there are
articles on the cotton mill industry and the State Dispensary.
—Messrs. Rudolph Kleybolte
Co. and E. Rollins & Sons
advertise in this issue an offering of $1,000,000 Butte Electric
Power Co. five per cent bonds. The facts regarding these
bonds were given iti our last issue on page 139.
G. M. Minzesheimer & Co., 40 Exchange Place, want
Toledo & Ohio Central first fives and Southern Railway,
Memphis Division, first fours. See their advertisement on
&
&
—
page
vii.
Twenty-five thousand dollars Oaray County, Colo., fours
are offered for sale by E. D. Shepard & Co. For particulars
see their advertisement on page 202.
Winelow, Lanier & Co. will pay dividends on a number
of securities, list of which will be found in another column.
—
1,564
19,251
314,427
Other liabilities
2.
TtCSOIt 7*CCS.
June
$
Bonds and mortgages
839,644
258,872
$82,317
4,261,747
7,179,761
490,961
162,690
107,216
916,231
270,536
$41,000
4,775,175
7,073,942
335,122
154,061
122,483
1,616,976
214,514
$14,985,462
$13,471,459
$14,333,273
$1,000,000
i « 794 841
$1,000,000
48.350
10,552,929
75,339
58,815
11,482,977
77,445
Stock invest's (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)..
Cash on hand
5,476,735
7,571,133
581,691
170,052
87,335
Cashon deposit
Other assets
Total
Dec. 31, '00. June 30, '00.
30, '01.
Liabilities.
$1,000,000
Capital stock
u*d&nte":::::::;:::: x#>3&*}
459,346
Deposits in trust
General deposits pay. on dem. 11,625,726
Other liabilities
96,717
-
1 714 036
>
-
$14,985,462 $13,471,459 $14,333,273
Total
Supplementary.
'$281,197
$556,599
Tot.am'tof profits during year. '$274,261
'114,255
239,622
*126,527
Int.credited depos's same per'd
'45,075
97,039
'45,392
Exp.of institution, same per'd.
'80,000
160,000
'80,000
Am't of divs.decl'd, same per'd
11,328,655
10,299,626
Amt.of dep.on which int is all'd 11.738,925
2 to 3 p. c.
2 to 3 p. o.
2 to 3 p. o.
Rate of interest
*
For the
six
months only, Jan.
1 to
June
30.
July
THE
1901.]
OENTBAL REAL1
(
HKONICLE.
BONO A TRUST COMPANY.
v
Resources.
June
Bonds and mortgages
30, '01.
03,085,339
Stock In v'stm'tsduarket value)
1,01
Amount loaned on oollaterala.
4,516,288
6*6,510
2,877,156
833,350
22,697
811,956
Heal estate (estimated value).
Cash on hitml
Cask on deposit
Due from banks
Other assets
Total
/V<\ 31.\lo.
$1,
JfcJWSO.'Ol.
Jit
Bonds and
Stock invest's (market alue
t mount loaned on collateru
Aiut. loaned on pers'l soeuj
i,i4i»
741,401!
72!
tl
1,70
48,912
$9,383,822
$7,091,362
$5,98
mated
\
,008
1,000,000
$1,000,000
500,000
816,055
Undivided profits
Deposits in trust
134,»31
6,b82,102
Gen'l deposits payable on dem.
Other liabilities
20,734
500,000
272,666
Surplus fund..
Supplementary.
Total ain't profits during year. *$705,389
*88,898
Int. credited depos. same per'd
*40,976
Exp. of institution, same per'd
6,830,667
Auit. depos. on wh. int. is all'd.
Rate of Interest
2to4p.o.
Total
$1,000,000
SOj.ooo
1,015
5,306,535
594, xui
11,146
10,006
$7,091,362
$5,985,437
Total
372,641
96,266
77,441
5,280,524
2 to 4 p. o.
30, '01.
Dec. 31/00.
$79,756
17,661,707
29,611,925
133,000
998,893
21,315
3,898,226
587,432
$62,529,369
$1,000,000
Surplus fund
11,614,384
Deposits in trust
5,892,652
General dep'ts, pay. on dem'd. 43,629,963
Other liabilities
392,370
Total
$62,529,369
Other
9500,000
500,ouo
419.212
$9.2!
I
0,000
500,000
272
l,ooo,831
0,719,029
l.'.r.
6,301,716
8.H27
$12,151 ,956
Total
200
1,00
12.-
liabilities
*$226,647
Tot.ain'tor profits during year.
Int. oreditea dep's same per'd..
*4l
(.178
4,.;i2,s93
$8,586,521
2to4p.o.
June
$9,211,360
1 to 4 p. e.
June
34,43^, 7*0
$52,995,254
$59,968,624
30, '01.
4
1 to
p. o.
Dec. 31. '00.
Bonds and mortgages
p. c.
30, '00.
$278,575
9,584,018
28,816,703
1,010,720
3,446
11.384.633
949,331
12,537,840
27,212,753
1,000,000
4,553
11,099,410
1,170,011
$61,125,647
$53,277,567
$54,122,711
$1,000,000
6,440,248
53,472,209
213,190
$1,000,000
6,185,149
45,889,765
202,653
$1,000,000
5,801,917
47,146,976
173, 81S
$61,125,617
$53,277,567
$54,122,711
$2,090,341
1,068,019
186,337
300,000
42,740,427
1 to 4 p. o.
'$1,235,900
*548,092
"89,255
*150,000
43,390,701
Real estate (estimated value)..
Caskonhand
Cash on deposit
Other assets
Total
June
$253,000
$255,996
Stock invest, (market value)... 12,508,923
Amount loaned ou collaterals. 35,012,598
183,000
968,206
27,879
5.133,388
492,958
$1,000,000
10,542,326
3,297,705
44,783,875
344,718
4
1,102
•35,750
'16,000
6,006
I !> sources.
18,(i.'l,775
$1,000,000
10,881,416
2,145,370
38,647,951
320,517
1 to
•$2<;i.
FARMERS' LOAN & TRUST COMPANY.
30, '00.
$59,968,624
$48.
158,401
72,347
*30,ooo
6,304,418
*98,
*36,442
'22,500
9,650,294
$153,138
$52,995,254
'$299,841
Exp. of institution, same per'd.
Amtdlrid'dideel'd, same per'd
Aint ...idc p. on wliiclnnt.is all'd
Bate of interest
1,000, 000
3,711
13,299,545
1,140,159
Liabilities.
Capital stock
8urpliis
fund
Deposits in trust
Other
liabilities
Total
Supplementary
Total am't profits during year.* $1,570,571
Int. credited dep's same per'd.
'560,905
Exp. of institut'n. same per'd.
*105,316
Am't ofdivs. decl'd, same per'd.
*300,000
Amt.of dep.onwkickiut.is all'd 40,628,947
Rate of interest
1 to 3 p. o.
$8,586,521
Surplus fund
Undivided profits
Deposits in trusl
General dep'ta, pay. on dem'd.
Liabilities.
Capital stock
+ 12,151,956
45
Supplementary,
$225,850
Btook In vest's (market value).. 18,180,401
Amount loaned on collaterals. 34,893,720
Ain't loaned on pers'l securit's.
433,000
Real estate (estimated value)..
989,974
Cash on hand
36,762
Cash on deposit
6,961,459
Other assets
803,203
n.
1,419.421
Capital stock
Resources.
June
in
172
1,246.890
63,107
assets
CENTRAL TRUST COMPANY.
Bonds and mortgages
332
lo:s.
l.iatjtlilirn.
Capital stoek
$9,383,822
.
alu
Liabilities.
Total
i
9,2 '1,284
1)29,800
Cash on hand
Cash on deposit
14,4
839,3 1.
52,508
l
\
1,489,159
DtC.Sl
inoj
Supplementary.
$2,634,522
966,638
205,859
600,000
35,113,300
1 to 3 p.
o.
'$1,365,431
-506,652
'103,772
*300,000
40,399,090
Tot.am't of profits during year. '$1,332,809
"589,958
Int. credited dep's, same per'd.
*88,904
Exp. of institution, same per'd.
'150,000
Amt.of divs.decl'd. same per'd.
Amt.ofdep.,onwkickint.isall'd 49,615,001
1 to 3 p. c.
Rate of interest
1 to 3 p. o.
lto4p.
c.
CITY TRUST COMPANY.
FIFTH AVENUE TRUST COMPANY.
Resources.
June
Bonds and mortgages
30, '01.
Dec. 31, '00.
$288,218
3,256,055
$243,000
$16,963,723
Resources.
30, '00.
2,725,102
8,702,406
291,295
23,860
2,021,787
67,286
$42,000
2,292,514
7,541,905
402,566
14,035
4,439,001
33,483
$14,074,736
$14,765,534
Stock invest's (market value)..
Amount loaned on collaterals. 11,171,981
Am't loaned on pers'l securit's.
230,926
Cash on hand
16,695
Cash on deposit
1,920,609
Otherassets
79,239
Total
June
Ju ne
Bonds and mortgages
Capital stock
$1,000,000
Surplus fund
1,0C0,000
Undivided profits
401,563
Deposits in trust
416,203
Gen'l deposits pay'ble on dem. 13,978.645
Other liabilities
167,312
Total
$16,963,723
$1,000,000
1,000,000
322,924
355,419
11,277,034
119,359
$1,000,000
1,000,000
232,733
302,153
12,117,891
112,757
$14,074,736
$14,765,534
2to3!2p.o.
Total
$505,204
247,222
76,498
11,146,716
2 to 3 p. o.
Total
June 30,
Dec. 31, '00.
$161,750
$192,750
2,497,441
3,018,248
278,473
2,007,777
10,150,620
1,813,106
62,320
4,877,741
103,713
Total
$24,328,504 $19,401,610
$19,268,027
$24,328,504
Supplementary.
Tot. am't of profits during year '$612,562
Int. oredited dep's, same per'd
*285,418
Exp. of institut'n, same per'd.
'66,213
Amt.of divs.deol'd same per'd.
*50,000
Am'tofdep.onwhichint.is all'd 21,455,754
Rate of Interest
2 to 4 p. o.
*
For the six months only, Jan.
1 to
June
$500,000
500,000
282,983
8,594,875
7,345,821
$9,979,453
$8,628,804
$411,222
146,036
58,090
20,030
'$190,198
•66,934
*25,963
$12,586,392
12,320,759
1,011,940
82,9:19
$1,000,000
500,000
487,851
105,650
17,054,338
120,188
$19,401,610
$19,268,027
430,*-32
127,236
100,000
16,827,958
2 to 4 p. o.
30.
7,215,753
Ha to
3 p.
0.
j
,i
June30,'0l. Dec. 31. '00. June 30. '00.
Bonds and mortgages
$7S,800
$159,560
$294,150
Stook inv'stm'ts(market value)
332,669
324,506
303,406
Amount loaned on collaterals.
313.980
456,550
637,270
55,085
Amt.loaned on pers'l securities
53,330
24,985
Cask on hand
11,353
17,808
20,298
9-.
Cash on deposit
90,685
123,743
10,362
Other assets
12,207
14,164
Total
$1,000,000
500,000
569,958
34,378
17,173,1(9
124,165
$715,823
8,490,030
I>sto3p.o.
Resources.
'00.
Liabilities.
$1,000,000
500,000
Undivided profits
655,513
Deposits in trust
60,639
General deposits pay. on dem. 21,995,678
Other liabilities
116,674
$500,000
500,000
3"4,578
FLATBUSH TRUST COMPANY (BROOKLYN).
30, '01.
Capital stock
Surplus fund
$8,628,804
*$328,626
'105,421
*46,610
Amt. of divs.'deol'd same per'd.
*30,000
Am't of dep.bnwh.int. is all'd. 10.248.921
Rate of interest
1^ to 3p.o.
2to4p.o.
$189,550
Stock investments (m'k'tval.) 2,925,940
Amount loaned on collaterals. 15,707,219
Am't loaned on pers'l securit's 2,072,438
Cash on hand
94,290
Cash on deposit
3,194,458
Otherassets
144,609
$9,979,453
Tot.amt.of profits during year.
Int. credited dep'rs, same per'd
Exp. of institution, same per'd
'$221,281
'98,761
'39,464
11,872,338
Resources.
June
$12,586,392
Capital stock
$500,000
Surplus fund
500,000
Undivided profits
511.174
Gen'l dep'its pay'le on dem'nd. 11,075,218
COLONIAL TRUST COMPANY.
Bonds and mortgages
2,751,159
4,079,939
613,608
51.202
888,112
83,784
Liabilities.
Supplementary.
Rate of interest
2,688,374
5,901,043
591,825
41,426
509,466
98,319
Supplementary.
Total am't profits during year
Int. credited dep's same per'd.
'$297,265
*129,637
Exp. of institution same per'd.
*46,607
Amt.of dep.on which int.is all'd 13,848,535
30, '00.
3,354,255
7,612,023
326,588
49,740
981,918
117,868
securit's.
Total
June
$131,000
Otherassets
Liabilities.
Dee. 3 1 . '00.
$149,000
Stock investmts. (market val.)
Amount loaned on collaterals.
Amt.loaned on pers'l
Cash on hand
Cash on deposit
30, '01
$144,000
'$394,481
"185,904
"63,013
*5o,000
16,836,575
2 to
4%
$1,418,016
$1,114,646
$900,508
$200,000
100,000
15,006
797,247
$200,000
100.000
Liabilities.
Capital stock
$200,000
100.0C0
22,501
Surplus fund
Undivided profits
Gen'l deposits payable on dem.
Other liabilities...
Total
1,090,720
4,795
$1,418,016
4,265
587
2,393
$1,114,616
$900,508
$29,073
•$14,584
Supplementary.
*$33,11.">
Tot amt. of profits during year
'9,4<u
Int. credited depos same per'd
"9,127
Exp. of institution same per'd.
u.iu
Amt.
v. v»i
of uof.
1,090.720
l|Wi' vi •»»
dep. \JU
all'd.
U..
on wh.
lO C*H
WU. int.
1UI. Is
Rate of interest
2 to 3 p. o
is.
12.'
07
775.000
*
*
For the six months only, Jan.
1
to
June
2 to 3 p.
30.
0.
'5,941
•5,120
587.538
2 to 3 p.
o.
THE CHRONICLE.
190
FRANKLIN TRUST COMPANY (BROOKLYN).
fVoL.
LXaLI.
KINGS COUNTY TRUST COMI'A.W (BBOOKLYV).
Resources.
June 30/01.
Bonds and mortgages
Stock Invest's (market value)..
Amount Loaned on collaterals.
Am'tloanedon
Dec.
3,759,507
2,597,724
1,008,971
499,633
112.509
1,283,432
220.185
404,920
113,266
098.3C0
140,051
$9,506,046
$9,247,546
4,798,086
2,842,174
94n,oso
450,000
114,457
1,051,536
86,4 15
pers'l securities
Real estate (estimated value)..
Cash on band
Caslion deposit
Other assets
Total
$10,276,948
31/00. June 30/00.
$134,200
$ HO, £00
8.378,394
2,787,952
803.7 11
$491,200
Bonds and mortgage!
$1,000,000
1,033,401
337, '296
6,810,470
134,879
$1,000,000
250,000
1,004,594
200,858
6,676,986
115,108
$9,566,046
$9,247,546
$477,034
170,610
76,852
100,000
'$212,162
•78,130
*40,842
*50,000
6,775,848
2 to 4 p. 0.
'250,000
$10,276,948
Supplemental//.
Tot.am't.of profits during year. $*346,854
Int. credited dep's, same per'd.
*82,413
Exp. of institution, same per'd.
*48,471
Amt. of divs.decl'd. same per'd.
*55,000
Amt.ofdep.ou whichint.isall'd 7,753,539
Rate of interest
2 to 4 p. o.
7,006,564
GUARANTY TRUST COMPANY.
Resources.
June 3v, '01.
Bonds and mortgages
Stock invest'ts (market value). $12,425,926
Amount loaned on collaterals.. 20,005,048
A'm'tloanedon pers'n'l sec't's
293,282
Real estate (estimated value)
152,678
Cashonhand
37,417
Cash on deposit
5,490,123
Due from banks
Other assets
2,171,475
. .
Total
$40,575,949
6^,759
z32,ooo
76,498
522,896
70,992
$2,000,000
8urplus fund
4,000,000
Undivided pronts
6)4,514
Deposits in trust
2,132,586
General deposits, pay. on dem. 31,602,490
Other liabilities
196,£59
Total
$40,575,949
Am'tofdivs.decrdsameper'd.
*160,000
Am'tof dep.on whichint.isall'd 31,078,090
Rate of interest
1 to 4 p. 0.
Capital stock
Surplus fund
Undivided profits
Deposits in trust
Gen'l deposl
is,
pay. on
June 30,
2,600,67i
$28,596,070
$31,256,107
$2,000,000
4,000,000
232,-52
1,390,365
20,589,324
383,529
$2,000,000
3,500,000
460,137
2,791,554
22,353,548
150,868
Total
$500,000
1,0c 0,000
$500,000
900,000
101,612
236,906
36,550
257,302
8,283, 88L
134,625
7,705,784
101,980
$10,202,591
$10,212,358
$0,546,262
$385,688
174,741
69,151
50,000
•$196,738
"83,225
"33,554
*25,000
7,653,600
2 to 4 p. 0.
demand
Supplementary.
Total am't profits during year.
Int. cred dep's same period...
Exp. of institut'n same period.
Am't of divs. decl'd same per'd
*$196,754
"94,349
*36,477
*25,000
Am'tofdep.on wliichiut.isall'd 8,092,373
Rate of interest
2 to 4 p. c.
8,223.881
2to4p.o.
$28,596,070
$31,256,107
Resources.
June
Bonds and mortgages
•$604,407
281,053
"92,408
•160,000
22,323,446
1 to 4 p. 0.
$1,432,455
553,363
199,475
320,000
19,917,150
1 to 4 p. 0.
30, '01.
$1,140,249
Stock invest'ts (market value).
2,836,913
Amount loaned on collaterals . 23,267,513
Am't loaned on pers'l securit's.
606,920
Real estate
624,748
Cashonhand
137,028
Cash on deposit
3,644,130
Otherassets
216,091
Dee. 31, '00.
June
30, '00.
$479,100
$571,900
2,235,272
17,366,551
520,976
2,001,670
16,881,6)3
383,809
174,534
3,272,520
263,665
172,922
3,070,951
210,803
$24,317,618
$23,293,668
$1,009,000
1,173,709
2,359,321
19,579,736
204,802
$1,000,000
1,048,108
1,650,891
19,411,297
183,372
$32,473,592
$24,317,618
$23,293,668
Supplementary.
Total am't profits during year. *$625,540
Int. credited dep's same per'd.
*276,306
Exp. of institute, same per'd..
*84,502
Am'tof divs. decl'd, same per'd
*35,000
Am'tof dep. on whichint.isall'd 23,864,239
Rate of interest
1 to 4 p. o.
$891,983
439,223
162,769
70,000
17,824,076
•$410,527
•204,887
•80,416
Total
$32,473,592
Liabilities.
Capital stock
$1,000,000
1,387,221
Deposits in trust
3,636,492
Gen'l deposits, pay. on demand 26,220,327
Other liabilities
229,552
Undivided profits
Total
1 to 4 p.
0.
35,000
17,802,925
Ii2to3»sp.o.
LONG ISLAND LOAN & TRUST COMPANY (BROOKLYN.)
Resources.
30,'C0.
$629,249
$656,624
$683,724
1,524,933
3,612,440
144,865
60,295
35,277
590,954
244,376
1,561,559
3,130,334
152,589
50,064
41,426
1,190,071
164,951
1,498,796
2,701,564
214,971
50,691
951,516
43,312
89,874
$6,842,389
$6,947,618
$6,234,478
Cash on deposit
Other assets
$500,000
1,000,000
97.124
'00.
$25,000
13,525,129
10,306,102
943,304
149,354
58,330
3,277,841
2,682,497
288,550
$9,751,515
11,196,344
1,423,008
150,906
19,340
3,454,286
June 30/01. Dec. 31/00. June
Cashonhand
$9,546,262
251,637
8,170,373
183,457
liabilities
Resources.
Stock in vest's (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)..
$10,212,358
$10,202,591
Liabilities.
HAMILTON TRUST COMPANY (BROOKLYN).
Bonds and mortgages
590,086
69,026
72. 61
KNICKERBOCKER TRUST COMPANY.
Dee. 31/00.
Supplementary.
Tot. am'tof profits during year. *$1, 095, 819
Int. credited dep's, same per'd.
*360,438
Exp. of institution, same per'd.
"103,719
June, 30,'00.
230,326
99,369
662,910
70,402
i
Liabilities.
Capital stock
1,235,859
6,534,782
584,081
7,51,5,039
Total
2to4p.c.
$128,533
1.559,860
o, 900,007
639,172
235,411
seal estate (estimated value)..
Cash on ban,
("ash on deposit
Other assets
Other
Total
$145,533
pers'l securit's
Am'c loaned on
Total
$1,000,000
Surplus fund
250,000
Undivided profits
1,010.785
Deposits in trust
238,503
General deposits, pay. on dem. 7,678,351
Other liabilities
99,309
Dec. 31/00.
$164,2*3
936,127
stock Invest's (market valae).
Am. mum loaned on collaterals.
Liabilities.
Capital stock
nrres.
!;• si,
June 30/01.
June
June
30, '01.
Dee. 31, '00.
$210,190
$222,650
$256,750
1,643,071
2,038,097
140,749
165,000
39.578
218,617
40,915
1,587.800
1,727,417
118,750
100,000
61,986
250,080
96,105
1,574,850
1,753,513
107,249
100,000
61,326
189,122
124,317
$4,496,217
$4,164,788
$4,167,127
$500,000
563,162
160,475
$500,000
550,085
108,857
$500,000
541,863
152.707
3,226,352
46,228
2,968,813
37,033
2,943,475
29,082
$4,496,217
$4,164,788
$4,167,127
Supplementary.
*$83,475
Total am't profits during year.
*37,449
Int. cred. dep's same period..
Exp. of instiiut'n same per'd..
*14,822
Am't divs. declared same per'd
'25,000
Amt.of dep.on whichint.isall'd 3,386,828
Rate of interest
2 to 4 p. 0.
$211,487
71,613
28,345
50,000
3,077,670
*$98,361
*37,662
*14,462
*25,000
3,096,180
2 to 4 p. c.
Bonds and mortgages
Stock invest's (market value)..
Am't loaned on collaterals
Am't loaned on pers'l securit's
Real estate (estimated value)...
Cashonhand
Cash on deposit
Otherassets
Total
30,'00.
Liabilities.
Capital stock
Surplus fund
Undivided
$500,000
500,000
359,718
165,826
5,273.156
43,689
profits
Deposits in trust
General deposits, pay. on dem.
Other
liabilities
Total
$6,842,389
Supplementary.
Tot.am't of profits during year. *$130,120
Int. credited dep's, same per'd.
*62,181
Exp. of institut'n, same per'd.
*28,152
Am'tof divs. decl'd.same per'd.
*20,000
Am'tof dep.on whichint.isall'd 5,323,982
Rate of interest
2 to 4 p. 0.
$500,000
500,000
277,850
153,560
$500,000
5f 0,000
5.471,146
45,062
181,610
184,442
4,831,177
37,249
$6,947,618
$6,234,478
$287,879
131,207
52,406
40,000
5,509,706
2to4p.o.
*$155,089
*74,244
*25,746
*20,000
4,900,620
2 to 4 p. c
Liabilities.
Capital stock
Undivided profits
Deposits in trust
Gen'l deposits, pay. on dem'd.
Other
liabilities
Total
HOLLAND TRUST COMPANY.
Dec. 31, '00.
$11,659
681,921
85,524
240,467
1,526
107,087
31,267
$11,659
628,145
178,399
240,467
40,073
1,110
24,014
$11,543
622.242
176,809
243,733
1,570
6,544
20,059
$1,159,451
$1,123,777
$1,082,500
210,487
340,907
$500,000
69,625
48,220
115,018
390,914
$500,0C0
85,-29
50,896
111,511
334,264
$1,159,451
$1,123,777
$1,082,500
Real estate (estimated value).
Cashonhand
Cash on deposit
Other assets
Total
30, '00.
Liabilities.
Capital stock
_
Surplus fund
Deposits in trust
Gen'l dep. payable on
Other
$500,000
60,042
48,015
demand
liabilities
Total
Supplementary.
Tot.amt.of profits during year.
Int. credited dep's,
same
Der'd
*$17,159
$56,106
*$54,719
*l,895
3,588
26,587
98,470
2 to 3 p. c.
*10,291
98,848
Expens. of instit'n. same per'd
*10.693
Amt. of dep. onwh.int. allow'd
97,312
Rate of interest
2 to 3 p. c.
*
For the six months only, Jan.
1 to
June
c
Resources.
June
30, '01.
Bonds and mortgages
Stock invesom'ts market value
Amount loaned on collaterals.
p.
MANHATTAN TRUST COMPANY.
Resources.
June
2 to 4
30.
•1/65
2 to 3 p. 0.
June
Bonds and mortgages
Stock invest'ts (market value).
Amount loaned on collaterals.
30, '01.
Dee. 31. '00.
$9,500
$9,500
3,325,0-2
4,270,813
3,923.688
5,098,632
Cashonhand
Cash on deposit
Otherassets
Total
June
30, '00.
3,664,267
4,882,564
500
500
500
2,711,086
594,017
3,117,035
513,530
3,426,200
298,178
$12,337,423
$11,236,460
$12,271,709
$1,000,000
200,000
1,282,499
643,708
8,101,251
9,002
$1,000,000
200,000
1,031,595
650,514
9,380,598
9,002
Liabilities.
$1,000,000
200,000
1,481,451
Undivided profits
471,480
Deposits in trust
Gen. deposits, payable on dem. 9,175,491
9,001
Other liabilities
Capital stock
Surplus fund
Total
$12,337,423
Supplementary.
Totam't of profits during year. *$263,502
A
92,762
Int. credited dep's, same per'd.
*61,853
Exp.of institution, same per'd.
"30,000
Am't of divs.deol'd.same per'd
Am'tofdep-onwhiohintisall'd 7,885,184
not stated.
Rate of interest
*
For the six months only, Jan.
1 to
June
$11,236,460 $12,271,709
$759,115
179,302
112,785
60,000
6,797,581
1 to 4 p.
30.
c.
'$461,791
•86,086
•53,956
•30,000
7.853,261
1 to 4 p. c.
July
THE CHRONICLK
27, 1901.]
nu
MORTON
MANUFACTURERS TRUST COMPANY (BROOKLYN).
TIU'.-T
Resources.
Bonds and mortgages
June 30. '01.
$401,500
Dec. 31, '00.
$135,600
$12
1,344.849
4,829,388
723,175
48,627
5*3,432
1,382,804
3,s70,543
2,4]
Btook Id vest's (market value)..
Amount loaned on collateral*.
Imt. loaned on ptre'lseo' ties .
Cash on hand
Cash on deposit
Other
30. '01.
/tttM 30/00.
3,447
6ti,187
8i5.09o
38,230
710.444
78,183
$8,062,158
$7,030,784
$6,558,546
$500,000
500,000
365.892
25,543
$500,000
500,000
338,486
103,132
0500,000
SOO.ooo
263,397
0,613,427
57,296
5,561,080
27,486
5,159,102
33,595
$8,062,158
$7,030,784
$6,558,546
;i-r.»,387
827
I
fi
Liubililti
Capital stock
Surplus fund
Undivided profit*
Deposits in trust
Oen'l deposits, pav'le on deui.
Other liabilities...
Total
*.
1,012,013
5,412,950
25-
$63,497,583
$39,272,282
$31,217,014
$2,000,000
2,000,000
1.348.20J
$2,000,000
2,000.000
1,020,295
88,769
33.895,^65
28,208
29,175,299
15.420
$03,497,583
$39,272,282
$34,217,014
$1,131,318
400,422
246,426
30,000
28,280,207
1 to 4 p. 0.
'$566,023
'183.857
'160,032
Amt.ofdep.onwhiohint.isall'd
Bate of interest
2to4p.o.
5,664,812
2to3%p.
0.
$2,000,000
2,000,000
2, 020, 585
11
Burplusfund
Undivided profit*
Deposits in trust and general
deposits payable on demand. 57,382,229
Other
liabilities
Total
profits during year.'
Int. credited depos. same per'd
*$184,071
'60,031
•20,756
*20,000
5,271,554
2to3^j>.
$1,263,282
-359,660
*89,279
Exp. of institution same per'd.
Amt.of divs. deol'd same per'd
AiDt.of dep. on wh. int. is all'd. 49,695,369
1 to 4 p. 0.
Rate of interest
o.
Bonds and mortgages
30. '01.
Dec. 31, '00.
$195,730
Stock invest' s (market value)..
5,751,759
Amount loaned on collateral* 51,675,049
Am't loaned on pers'l securit's
3,000
Real estate (estimated value)..
38,845
Cashonhand
31,423
10,977,007
Cash on deposit
181,511
Otherassets
8,902,581
35,470,524
3,300
38,845
8,147
8,600,810
97,908
$68,854,926
$196,730
$53,318,845
June
30,'00.
$214,720
4,660.017
33,732,348
11,500
38.845
35,133
13,221,547
128,007
Total
$68,854,926
$2,000,000
4,000,000
595,662
2,053,214
44,214,061
455,908
$2,000,000
4,000,000
417,160
3,485,046
41,439,928
699,983
$53,318,845
$52,042,117
$1,819,746
862,113
192,756
400,000
39,893,026
'$865,085
*390,67O
*82,040
*200,000
38,232,793
1 to 4 p. o.
Supplementary.
Total am't profits during year. '$1,258,169
Int. credited dep's. same per'd.
*672,213
Exp. of iustitut'n, same per'd.
"96,495
Am't of divs.decl'd.saine per'd
*200,000
Amt.ofdep.onwhichint. isall'd 57,850,030
Bate of interest
lto3»«p.
o.
lto3*ap.
c.
30. '01.
Dee. 31, '00.
June
30,'00.
$1,100,610
Stock in v*8tm'ts(market value)
Amount loaned on collaterals.
.-.
7,911,605
85,325
2,770,057
322,798
Cashon
hand..
Cash on deposit
Otherassets
Total
$12,190,395
k
$1,403,860
3,198,210
32,113
1,377,338
11,152
3,492,158
12,663
1,797.099
32,379
$6,022,673
$5,882,399
$547,500
$500,000
$500,000
$500,000
1,000,000
Undivided profits
142,121
Oen'l deposits payable on dem. 10,540 774
Other liabilities
7,500
1,000.000
72,455
4,449,107
1,051
1,000,000
21,955
4,356,635
3,809
Total
$12,190,395
$6,022,673
of profits during year.
Int. oredited depos. same per'd
Exp. of institution, same per'd.
'$167,967
*7l,459
$174,217
80,374
24,223
4,333,153
*3 1,876
Amt.of dep. on wh. int. is all'd. 10,4 36,150
Rate of interest
l^toS^p.o. mtoS^p.c.
Other
*$54,965
*27,626
*14,805
4,307,362
2 to 3 p. o,
31, '01.
Total
$21,489,520
$1,000,000
Burplusfund
1,000,000
Undivided profits
895,524
General deposits, pay. on dem. 18,488,875
Other liabilities
105,121
Total
$21,489,520
Supplementary.
Tot.ani'tef profits during year. $"543,039
Int, oredited dep's same per'd
'193,090
Exp. of institut'n same per'd.
*42,382
Am't of divs. deo. same per'd.
*50,000
Am'tofdep.onwhichiat is all'd 17,298,567
Rate of interest
1 to 4 p. o.
*
For the
six
months
only, Jan. 1 to
June
$5,834,901
$4,977,619
$4,790,689
'$121,525
'55,358
'17,216
'15,000
4,399,266
2 to 4 p. 0.
Total am't profits during year.
Int. credited dep's, same per'd.
Exp. of institution, same per'd
Amt.of divs. deel'd, same per'd
Amt of dep.onwhichint.is all'd
Rate of interest
NEW YORK
June
30, '00.
$2,024,803
15,163,653
612,403
6,926
1,813,746
193,239
Dec. 31 ,'00.
$2,022,534
15,269,049
483,575
5,798
2,162,418
177.399
Cashon hand
Cash on deposit
Other assets
Total
Dec. 31, '00.
$3,185,487
10,676,656
6,603,789
12,068,501
463,848
2,000,000
1,711,030
2,346,665
$3,257,287
10,534,603
5,671,042
9,297,622
468,848
2,000,000
535,101
2,348,061
$3,038,537
10,524,565
6,061,337
12,733,955
449,095
1,425,000
1,728,525
1,952,323
$39,060,976
$34,112,569
$37,963,337
$1,000,000
3,900,300
33,452
31,687,827
2,439,397
$1,000,000
3,745,743
37,965
27,071,618
2,257,243
$1,000,000
3,408,859
46,004
31,180,416
2,268,058
$39,060,976
$34,112,569
$37,963,337
$1,582,837
980,356
162,348
400,000
27,071,618
•$854,774
'553,951
*77,691
•200,000
31,180,416
$19,714,770
$20,120,773
$895,195
402,276
83,541
100,000
16,920,454
1 to 4 p.
30.
o.
-$460,427
*2 _'0,574
,
*38,374
*50,000
16,489,634
1 to
4 p.
o.
June
30,'00.
Liabilities.
Undivided profits
Deposits in trust
Other
liabilities
Total
Supplementary.
Total am't profits during year. '$816,748
'422,273
Int. credited dep's same per'd.
Exp. of institution, same per'd
'62,651
'200,000
Am't of divs. decl'd.same per'd
Amt.of dep.on whioh int.isall'd 31,687,827
Rate of interest
1 to 5 p. 0.
NEW YORK
1 to 5 p.
1 to 5 p.
e.
c.
SECURITY' & TRUST COMPANY.
$1,094,028
Stock invest's (market value).. 15,315,514
Am'tloaned on collaterals .... 17,066,347
Am't loaned on pers'l securit's.
583,988
Cashonhand
26,846
Cash on deposit
2,777,931
Otherassets
170,662
$37,035,316
Dec. 31, '00.
$1,003,538
June 30, 'CO.
$490,878
742,228
32,365
5,515,811
131,087
5,500,489
7,053,082
1,828,912
31,828
6,298,024
144,769
$24,795,331
$21,352,982
$1,000,000
2,250,000
134,544
„„,
„
46,478
$1,000,000
2,000,000
253,559
._ ..„ ,_,
18,043,471
55,952
$24,795,331
$21,352,9^2
$1,146,154
'I?™'!™9
8,423,2 1
8,947,031
Liabilities.
Capitalstock
$1,000,000
1,000,000
558,537
17,474.888
87,348
'$87,297
$185,208
"41,566
89,228
*13,727
28,012
'15,000
30,000
4,019,497
3,878,2 72
2to4J2p.c. 2 to 4»s p. 0.
Resources.
30, '01.
Stock invests, (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's
Real estate (estimated value)..
$19,714,770 $20,120,773
$1,000,000
1,000,000
709,770
16,920,454
84,546
41,866
LIFS INSURANCE & TRUST COMPANY.
Bonds and mortgages
Liabilities.
Capitalstock
3,878,272
Supplementary.
Total
Total
$500,000
370,551
4,854,495
24,566
$500,000
386,074
21,548
3.996,950
73,047
$500,000
411,069
44,771
Resources.
June 30, '01.
Resources.
June
$4,790,689
liabilities
METROPOLITAN TRUST COMPANY*.
Stock invest's (market value).. $1,138,997
Am't loaned on collaterals .. 18,044,779
Real estate (estimated value)..
498,000
Cashonhand
7,835
Cash on deposit
1,555,465
Otherassets
244,444
$4,977,619
Deposits in trust
oen'l deposits, pay'ble on dem.
$5,882,399
Supplementary.
Totamt
$5,834,901
Liabilities,
Capital stock
Surplus fund
Liabilities.
Capital stock
Surplus fund
266,380
103,432
36,616
414,258
54,630
Cash on deposit
Otherassets
Bonds and mortgages
Resources.
June
434,500
166.260
24,784
515,310
86,774
$449,719
849,439
2,613,560
277,512
70,791
40,637
453,503
35,523
June
MERCHANTS' TRUST COMPANY.
Bonds and mortgages
1,018,260
2,655,824
Undivided profits
$2,000,000
4,000,000
Undivided profits
885,123
Deposits in trust
2,025,184
General dep'ts, par. •» dem'd. 59,723,977
Other liabilities
220,642
June 30/00.
1,112,710
3,095,338
Capital stock
Capital stoek
Dec. 31, '00.
$423,219
Cashonhand
Total
30, '01.
$399,219
Stock invest's (market value)..
Amount loaned on collaterals.
Am t loaned on pers'l securit's.
Real estate (est. value)
$52,042,117
Liabilities.
Surplus fund
25,614,439
1 to 4 p. c
Resources.
Resources.
Total
37.
NASSAU TRUST COMPANY (BROOKLYN).
June
Bonds and mortgages
1,310
Supplementary
MERCANTILE TRUST COMPANY.
June
20.7< u,464
Liabilities.
Totamt. of
$266,914
131,464
52,846
50,000
Ju.
38.44!
r.-,737
5,635,1)98
I
Capital stock
*$1S9,719
'85,254
*28,935
*20,000
6,635,970
'(JO.
$7.00 £,540
19,269,294
5,610,000
i38
Supplementary.
Tot. ani'toi profits during year.
Int. oredited deps. same per'd.
Exp*, of iustitu'u, same per'd.
Auit. of div. deel'd, same per'd.
Ihc. 31,
Stock lnv'*tm'ts(markct value, §8,320,06]
I mount loaned on collateral*. 42,356,168
4,105,000
Auit. loaned on pers'l securities
38,675
on hand
8,231,551
on deposit
546,
iMiar a**ets
Total
Total
COMPANY.
ret.
8urplusfuud
Undivided profits
$1,000,000
2 500,000
79,162
Deposits in trust and general
deposits payable on demand. 33,339,730
110,424
Other liabilities
Total
$37,035,316
Supplementary.
Total am't profits during year. '$884,493
Int. credited dep's same per'd.
'313,346
'.'.2.828
Exp. of institutn same per'd..
'100,000
Am't ofdiv. deel'd same per'd..
Ani'tofdep.onwhiohinU* all'd 23,085.962
Rate of interest
1 to 3 p. 0.
*
For the six months only, Jan.
1 to
June
21,364, -.09
407 -i s
89,785
20.000
'
20.2.-J.781
1 to 3 p. 0.
30.
ifr'oo ,
"-^j
100,000
lo.479,174
1 to 3 p. e.
,
THE CHRONICLE.
192
NORTH AMERICAN TRUST COMPANY.
[Vol. LXXlil.
TITLE GUARANTEE & TRUST COMPANY
Resources.
June
30, 01.
Dec. 31, '00.
June 30/00.
StookinveBtin'ts(uiarketvalue) $5,150,645
Amount lomii'd mi i-ciliiitoralB.. 6,59»,572
Am'tlOAiicrtoii|>i<rH'l securities
1,090,069
Real OBtald (cMtiiTialdd v, ilue)..
38,911
Cash on hand
2,051,103
Cashon deposit
3,524,943
946,294
$1,861,448
5.16H.518
1,76H,H12
38,847
2.607,190
1,147,2x1
7,109
161,968
716,632
$54,411
2,770,988
3,134,647
1,938,230
174,855
1,713.108
1,980,839
14.430
70,400
440,186
$19,401,537
$16,477,895
$12,291,594
Bonds and
niortKaRefl.
Overdrafts
Due from banks
Other assets
Resources.
Bonds and mort^aKOB
Jum
Stock investm'ts (market val.)
Real estate (estimated value).
Dec. 31. '00.
$6,272,708
1,551,250
,000
5,941
532,300
509,113
200,000
23,398
986,358
650,572
$5,875,309
1,031,250
200,000
12,662
333,437
629,935
$9,722,694
$9,684,286
$8,032,653
$2,500,00»
2,500,000
885,135
64,760
2,3i0,911
1,431,888
$2,500,000
2,500,000
782,169
26,952
2,558,437
1,316,698
$2,500,000
2,500,000
577,047
36,442
1,535,606
933,558
$9,722,694
$9,684,286
$8,082,053
$1,418,857
68,848
644,123
262,500
3,419,628
2 to 4 1* p. o.
"$722,537
"30,958
"334,305
"125,000
2,125,216
Cashonhand
Cash on deposit
Other assets
Total
June
30, '01.
»7,444,090
1,031,250
30, '00.
Liabilities.
Total
Liabilities.
Capital stock
Surplus fund
$2,00»,000
2,500,000
Undivided profits
209.253
General dep'ts, pay. on demand 14,656,382
Other liabilities
35,902
Total
.$19,401,537
Supplementary.
Total am't profits during year. "$398,789
Int.oredlteddep'r8same period
"103,995
Exp.of institution, same peiiod
*105,413
Am'tof divs. deol'd, sameper'd
*70,000
Am't of dep.on which int.isall'd 8,294.199
Rate of interest
2 to 4 p. c.
PEOPLE'S TRUST COMPANY
$2,000,000
2,500,000
189,869
11,782,386
5,640
$2,000,000
2,500,000
56,082
7,355.547
379,965
$16,477,895
$12,291,594
615,202
69,565
191,758
100,000
5.761,857
2to3>2p.o.
"303,206
"24,513
"94,674
"250.000
2,571,740
Capital stock
Surplus fund
Undivided profits
Deposits in trust
Gen'l dep., payable on demand
Other liabilities
Total
Supplementary.
Ha to 3*2 p
o.
Total am't profits during year. "$940,175
Int. credited deps., same per'd.
'57,414
Expens. of instlt'n, same per'd
"412,977
Amt. divs. declared, same per'd
"150,000
Amt. of dep. on wh. int. allowed 20,760,923
Rate of interest
2 to 4 1* p. o.
Dec. 31, '00.
$609,438
2,774,535
8,119,632
396,647
242,400
239,396
1,296,508
141,539
$839,869
$843,313
2,930,347
7,672,454
407,006
149,500
143,508
1,411,370
172,322
2,782,952
6,949,427
500,772
149,500
118,747
1,227,241
126,260
$13,820,095
$13,726,376
$12,698,212
$1,000,000
1,000,000
508,510
301,554
493,712
$1,000,000
1,000,000
404,391
322.258
9,746,450
225,113
$13,320,095
$13,726,376
$12,698,212
Supplementary.
Total am't profits during year. '$270,716
Int. credited dep's same per'd.
*134,568
Exp. of instdtut'n, same per'd.
*35,500
Am't divs. declared, same per'd
"60,000
Am't of dep.onwhich int.isall'd 10,935,713
Rate of interest on same
2 to 4 p. e.
$570,103
250,883
69,764
120,000
10,064,504
2 to 4 p. o.
*$275,209
"125,753
"34,582
*60,000
9,700,650
2 to 4 p. o.
Stock invest'ts (market value)
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)...
.
.
Cashonhand
Cash on deposit
Other assets
Total
3O,'0O.
June
$1,000,000
1,000,000
Undivided profits
517,848
Deposits in trust
2«9,760
General deposits, pay. on dem., 10,772,233
Other liabilities
240,254
Total
Dec. 31, '00.
$182,500
Stock lnv'stm'ts (market value) 7,849,882
Amount loaned on collaterals. 11,629,719
Amt. loaned on pers'l securities
545,000
Cashonhand
19,978
Cash on deposit
1,806,531
Otherassets
176,760
$22/00
5,184,728
11,175,034
210,337
16,852
939,220
148,713
5,425,077
9,472.554
$17,857,384
$16,151,650
$2,500,000
2,500,(00
245,894
37,702
12,54^,584
27,204
$2,500,OCO
2,500,000
216,626
69,650
10,841,692
23,682
$17,857,384
$16,151,650
Total
$22,299,703
10~,422,6(0
Dec. 31, '00.
$326,500
$295,000
$250,000
1,760,160
5,280,600
5,000
19,576
1,617,694
50,795
1,503,672
3,861,375
12,500
20,913
1,091,790
45,609
1,554,492
3,880,356
11,000
114,711
596,069
30,762
$9,060,325
$6,833,859
$6,437,390
$500,000
250,000
296,935
$500,000
250,000
290,471
$500,000
250,000
250,305
7,972,759
40,631
5,517,813
275,575
5,427,483
9,602
Cashonhand
Cash on deposit
Other assets
Total
;
$2,500,000
2,500,000
342,122
Deposits in trust
368,696
Gen'l deposits payable on dem. 16,426,841
Other liabilities
162,044
Undivided profits
Total
$22,299,703
Supplem entary.
Total am't profits during year.
Int. credited depos. same per'd
"292,561
"$530,586
567,960
"170,605
"79,488
199,274
Exp. of institution, same per'd.
"69.063
"73,369
110,646
Amt. of divs. decl'd same per'd
"175,000
87,5(0
Amt. of dep's on wh. int.isall'd 16,558,859
12,431,559
10,784,781
Rate of interest
Ha to 4 p.o. 1*2 to 4 p. c. 1 to 3^ p. c.
June
Resources.
June 30, '01. Dec. 31, '00.
30,'00.
Stock investm'ts (market val.)
Amount loaned on collaterals.
Undivided profits
Deposits in trust
Other
liabilities
Total
$9,060,325
Supplementary.
Total am't profits during year. "$153,852
Int. oredited dep'rs same per'd
"82,801
Exp. of institution same per'd
"25,104
Amt.of divs. decl'd, same per'd
"20,000
Amt.dep.onwh. int. is allowed 7,889,041
Rate of interest
1 to 3^ p. o.
.
Cashonhand
Cash on deposit
$6,833,859
Total
$274,799
143,312
46,673
40,000
5,428,632
1 to 3 p.
o.
"$133,626
"71,576
"24,517
"20,000
5.336,784
1 to 3>a p. o.
$17,500
2,097,672
4,739,474
136,416
20,695
2,418,544
62,313
44,410
6,224
2,465,000
2,178.356
17,983
Undivided
"For the six months
$9,773,063
$9,474,711
$10,533,362
only, Jan. 1 to
June
1,955
808
$6,297,078
$5,137,563
$148,298
54,019
53,054
4,211,703
"$56,483
"16,145
•27,982
22,753
profits
Deposits in trust
Gen'l dep. payable on
Other liabilities
,
demand
10,520
3,118,067
$1,033,273
Supplementary.
Total amt. profits during year.
Int. credited depos. same per'd
Exp. of institution, same per'd
Amt. of dep. on wh. int. allowed
Rate of interest
30,'00.
"$60,719
"27,609
"27,295
10,123
3peroent.
$2,014,894
3,850,905
June
ltoS^p.o.
1 to 3 p.
o.
June
30,'00.
30, '01.
Dec. 31, '00.
$1,093,713
Stock invest'ts (market value). 18,618,170
Amount loaned on collaterals. 43,861,660
1,900,000
Real estate (estimated value)
2,007,786
Cashonhand
2.266,137
Cash on deposit
1,443,672
Otherassets
$1,200,447
13,544,954
33,446,755
1,900,000
2,040,805
3,075,643
1,340,836
$1,3H9,447
12,254,628
31,080,768
1,900,000
5,024,661
6,912,809
865,430
$71,191,138
$56,549,440
$59,437,743
$1,000',000
Capitalstock
6,691,353
Surplus fund
Deposits in trust and general
deposits payable on demand 62,582,133
917,652
Other liabilities
$1,000,000
6,587,532
$1,000,000
6,351,756
47,762,017
1,199,891
51,369,543
716,444
$71,191,138
$56,549,440
$59,437,743
$2,149,956
1,171,924
239,300
320,000
46,365,659
1 to 4 p. e.
"$1,017,181
"566,165
"108,061
"160,000
50,178,380
Bonds and mortgages
.
Total
Liabilities.
Liabilities.
$9,773,063
Supplementary.
Total am't profits during year. "$182,034
Int. oredited deps., same per'd.
"75,530
Exp. of institut'n, same Der'd.
*32.8 C 6
Amt. of divs. decl'd, sameper'd
"30,000
Amt.of dep.on which int.isall'd 7,480,379
Rate of interest
2 to 3*2 p. e.
$1,000,000
1,000,000
18,688
Resources.
June
$17,500
2,601,454
5,664,975
21,040
12,878
1,392,903
Total
$1,000,000
1,000,000
46,116
9,882
4,239,125
UNION TRUST COMPANY.
Dec. 31, '00.
$1,000,000
250,000
Undivided profits
226,743
Deposits in trust
528,543
Gen'l dep. payable on demand 7,767,777
Other liabilities
$5,137,563
455
793,157
7,151
$6,437,390
30. '01.
Capital stock
Surplus fund
$6,297,078
$1,000,000
Total
Duefrombanks
Other assets
$1,033,273
2,828,275
Liabilities.
Capitalstock
Surplus fund
Resources.
Bonds and mortgages
Stock inves'ts (market value)
Amount loaned on collaterals..
Amt. loaned on pers'l securit's.
897,435
4,588
Other assets
Total
June 30, '00.
1/03,525
$2,256,558
2,841,121
161
1,192,192
7,046
Cash on deposit
STANDARD TRUST COMPANY.
June
$106,250
25,000
Cashonhand
Liabilities.
Capitalstock
Surplus fund
302,C00
18,716
780,542
130,261
TRUST COMPANY OF NEW YORE.
Resources.
June 30, '01.
Stook inves'ts (market value) .
Amount loaned on collaterals.
Amt. loaned on pers'l securit's.
30,'00.
Liabilities.
Capital stock
Surplus fund
REAL ESTATE TRUST COMPANY.
Bonds and mortgages
June
30, '01.
$271,833
Bond and mortgages
Liabilities.
Capitalstock
Surplus fund
0.
Resources.
June
30, '01.
Bonds and mortgages
5 p.
TRUST COMPANY OF AMERICA.
(BROOKLYN).
Resources.
June
1^ to
$1,000,000
250,000
156,126
133,345
7,079,151
856,089
$1,000,000
100,000
236,743
3,758,468
4,960,812
477,339
$9,474,711
$10,533,362
30.
$306,159
100,099
50,113
None.
"$154,647
"44,451
"21,788
6,234,541
2 to 5 p. o.
8,413,595
2 to 3 p. 0.
Total
Supplementary.
Total am't profits during year. "1.224,382
"676,384
Int. credited dep's, same per'd
"194,383
Exp. of institution, same per'd
"160,000
Am't of divs. decl'd.same per'd
Amt. of dep.on whiohint.isall'd 60,816,245
Bate of interest
*
1 to 4 p.
For the six months only, Jan.
1 to
o.
June 30.
1 to 4 p.
o.
THK CHRONICLB
Jui.Y 27, 1901.]
UNITED 8TATE8 MORTOAOE
TKUST COMI'ANY.
<**
Resources.
.lane 30. '01.
$9,443,530
5,866,488
8,251.267
Bonds and mortirapes
g
(market value)..
D6d on collaterals
Loaned on personal securities.
Bead estate (estimated value)..
31. '00
$4,862,124
5,181.556
Junr 30/00
$8
3.3
i
ti,ii:i,:ii
B,i8fl
i70,2t 2
772
15„
229;
117,022
85,297
4.001,140
786,«69
4.497.40)
8,870,411
932,651
73U.760
$28,722,483
$26,142,126
$25,917,546
$2,000,000
2,500,000
898,990
Undivided profits
1,140.056
Deposits in trust
14,538,881
General deposits, pay. on dam..
8,140,556
Other liabilities
$2,000,000
2,500,000
174.525
468,930
12,910,113
8,088,558
$2,0(10,000
$28,722,483
$26,142,126
$25,917,546
Supplementary.
TWalamt profits durtiwr year. **9ll,129
*326,095
Int. credited dep'a, same per*d.
*117,253
of institution, same per'd.
*l2o.ooo
Am'tofdlvs deol'd. same per'd.
Ain'tofdep.onwhtehiiit.isall'd 14,098,440
$1,573,386
613,214
209.674
200,000
12,493,635
*$767,235
'313,049
»107,715
*ioo,< oo
12,331,746
Cash on hand
CiisUoii deposit
Other assets
Total
84,083
41
Liabilities.
Capital st.uk
Surplus fund
Total
i.
lto4p.
Rate of Interest
1 to
o.
5 p.
o.
3,250,000
37<
758,621
12,899,654
8,137,112
1 to 4 p. e.
UNITED STATES TRUST COMPANY.
Resources.
June
June
30, '01.
Dee. 31. '00.
$4,244,500
mortgages
StOOk InveBt'tB (market value). 16,212.837
loaned on collaterals 47,174,744
Am't loaned on pers'l seeurit'8 9,019,421
Real estate (estimated value).. 1.000,000
5,625,545
Cash on deposit
994,013
Other assets
$4,362,0)0
23,028,589
83,490,405
7,701,195
1,000,000
5,396,426
1,084,813
$4,371,000
22,071,464
31,2(0,304
14,701,110
1,000,000
11,506,627
831,766
$84,271,060
$76,063,429
$85,802,301
Bonds
find
Amount
Total
SO.'OO.
Liabilities.
$2,000,000
Capital stock
10,000,000
Surplus fund
1,609,457
Undivided profits
Deposits in trust and general
deposits, payable on demand 69,395,001
1,266,602
Other liabilities
©amuixrtnil gimcs.
2£lxc
Di-r.
$2,000,000
10,000,000
1,648,485
$2,000,000
10,000,000
1,313,201
61,217,885
1,197,058
71,252,520
1,236,580
COMMERCIAL EPITOME.
Friday Night, July 86, 1901.
Considerable attention has been given, in both a mimeroiftl
and financial circles, to the drought reports received fr
While it U probable that innch
the West and Southwest.
in
some
sections to the growing crops,
done
damage has been
particularly corn, and that it has been necens try to rush livestock to market, owing to the drjing np of pasture, the more
sensational reports, it is very likely, have been circulated for
Latest adtheir influence upon the speculative markets.
that
West
indicate
there
from
the
has been
received
vices
As
the
the
drought.
to
yield
of the
some relief from
corn crop, much now depends upon the character of the
weather for the remainder of the season and how late killing
Developments in the labor troubles
frost holds off this fall.
have been carefully followed; the situation is still an unsetThe business outlook, in the main, has been contled one.
sidered generally as favorable and it is anticipated that the
fall trade will prove to be of sufficient volume to result in
general activity.
Lard on the spot has had only a small sale. Early in the
week prices advanced, but the improvement was not main-
prime Western and 8'25@
8 40c. for prime City. Refined lard has been held at higher
prices, but business has been dull, closing flit at 8'95c. for
tained, closing dull at 8'92^c. for
refined for the Continent.
the close there
was a
$84,271,060
76,063,429
85,802,301
$3,048,887
1,549.017
140,928
1,000,000
60,559,339
'$1,578,545
"759,873
*68,140
•500,000
69.343,537
1 to 3^ p. c.
Supplementary.
Total am't profits during year. "$1,629,829
"926,274
Int. cred dep's. same period..
*67,093
Exp. of institution, sameper'd.
Am'tof
sameper'd
*500,000
Amt.of dep.onwhiohint.isall'd 68,707,361
divs. decld.
Rate of interest
1 to 3 p.
c.
Ito3*9p.o.
WASHINGTON TRUST COMPANY.
Resources.
June
Bonds and mortgages
30, '01.
Dec. 31, '00.
June
30, '00.
$76,100
781,024
8,565,800
190,000
7,313
602,433
93,741
1,359,335
6,648,900
150,000
2,455
642,361
69,230
6,091,012
53,000
5,513
860,933
70,542
$10,316,411
$8,948,381
$8,166,755
$500,000
500,000
300,032
$500,000
500,000
251,212
$500,000
500,000
210,235
8,980,950
35,429
7,656,526
40,643
6,910,892
45,628
$10,316,411
$8,948,381
$9,166,755
Supplementary.
Total am't profits during year. "$241,896
Int. credited dep's same per'd.
"114,867
Exp. of institut'n sameper'd..
"29,631
Am'tof divs. decl'd same per'd
"25,000
Amt.of dep.on which int. is all'd 8,962,470
Rate of interest
1 to 4 p. c.
$393,673
203,442
52,541
50,000
*$186,843
"99,982
"25,750
"25,000
6,770,655
Stock invesfts (market value).
Amount loaned on collaterals..
Amt. loaned on pers'l securifs.
Cash on hand
Cash on deposit
Other assets
Total
$76,100
$109,100
976,655
Liabilities.
Capital stock
Surplus fund
Undivided
profits
trust and general
deposits payable on demand.
Deposits
Other
i'i
liabilities
Total
7,568,837
1 to
4
p. o.
1 to 4 p. c.
WILLIAMSBURG TRUST COMPANY (BROOKLYN).
Resources.
June
Bonds and mortgages
Stock invest'ts (market value).
Amount loaned on collaterals
Am't loaned on pers'l securifs
Cash on hand
Cash on deposit
Dec. 31. '00.
$154,200
1,351,501
3,099,528
1,269,162
2,544,897
308,410
June 30,*00.
$115,000
42,323
801,345
31,066
1,314,350
1,692,941
209,805
12,875
1,126,589
21,554
$5,593,499
$5,123,940
$4,493,114
$700,000
350,000
132,649
40,508
$700,000
350.000
99,910
30,274
$700,000
359,000
70,500
31,339
4,335,865
34,477
3,889,020
79,736
3,320,777
14,498
$5,593,499
$5,128,940
$4,493,114
377,634
15,941
19,8(;0
550, -(72
Other assets
Total
30, '01.
$156,200
Liabilities.
Capital stock
Surplus fund
Undivided
profits
Deposits in trust
Gen. depos. payable on dem'd.
Other
liabilities
Total
Supplementary.
Total am't profits during year. "$108,260
$179,390
Int. credited dep's, same per'd.
"39,800
64,032
Exp. of institufn same per'd.
"24,960
37,827
Amt.of divs. decl'd same per'd
"21,000
21,000
Am't of dep.onwhichint.is all'd 4,365,885
3,894,019
Rate of interest
2to3»*p. c. 2 to 3^ p. o.
*
For the six months only, Jan.
1 to
June 30
"$93,128
"31,713
"14,561
3,352,116
2to3 1ap.
o
reaction.
DAILT 0LO8IKG PRICES OF LARD FUTURES.
Sat.
Mon. Tuet.
Wed. TAuri.
Fri.
900
900
900
8-92
Daly a limited jobbing business was transacted in the pork
market, but prices have been well maintained at $16 50@17 50
for mess, $16 50 for family and $16@17 50 for short clear.
Cut
8-95
July
Total
Speculation in lard for future
delivery has been dull. Early in the week prices advanced
in sympathy with the strength of the grain markets, but at
900
meats have been dull but prices have not changed, closing at
hams and
9)|@10J^c. for pickled bellies, 14@10 lbs. average. Beef has
had a moderate sale at steady prices at $9 5fl@i0 for mess,
$10 50® 11 for packet, $ll@12 for family and $15 50@16 50 for
extra India mess in tea. Tallow has been dull and easier,
closing at 4%@4.Jgc. The demand for cotton seed oil has
shown no improvement, but prices have been advanced to
39@40c. for prime yellow. Butter has advanced for the better
grades, closing firm at 153^@20i£c. for creamery. Cheese has
been in better demand and steadier, closing at 7(&9>£c. for
State factory full cream. Fresh eggs have been firmer for
desirable stock, closing at 17c. for choice Western.
Brazil grades of coffee have continued to weaken in prico.
During the first of the week Bazil was a free seller, and
this, coupled with a large crop movement, had a depressing
influ c nce upon values.
The close was steadier at 5;' ^c. for
Rio No. 7. West India growths have been in large supply,
and under free offerings prices have declined ti 7'^c for
good Cucuta. East Iadia growths have been dull. Speculation, in the market for contracts has been moderately active
at easier prices, the feature being sellim? against purchases
7^"c. for pickled shoulders, ll@llj^c. for pickled
!
in Brazil. Today the market was higher, reflecting an advance in Brazilian exchange. The following are the closing
asked prices
July
5-lOa. Jan
5-30c
4-95o. Oot
Aug
ftOOo. Nov
5 15o. March
545o.
5-550.
Sept
5-25o. May
5'05o. Deo
:
I
!
#
I
I
Raw
sugars have been steadier, Offerings have been light,
and with a limited den >and prices have advanced to 4 5-32o.
for centrifugals, 96-deg. test, and 3 9 16c. for muscovado, 89deg. test. Refined sugar has been quiet and unchanged at
5-35c. for granulated.
Glucose has advanced. Pepper has
been more active and higher.
Kentucky tobacco has had a moderate sale and has sold at
firm prices.
dull, dragging market has been experienced
for seed leaf tobacco. Sales for the week amounted to abiut
only 300 cases and in the absence of business prices have
be«n largely nominal. Foreign tobacco has been quiet.
M amputation by the bull clique has been the feature in
the market for Straits tin, and on their purchases prices have
been fairly well maintained, closing at 27*75 @28c. Ingot
copper has had a moderate sale, with prices holding steady
at 17c. for Lake.
Lead has been quiet and without change
at 4-37^c. Spelter has held steady at 3-90@395c. Pig iron
has been quiet but steady at $13@15 50.
Refined petroleum has been unchanged, closing steady at
7-50c. in bbls., 8'50c. in cases and 4 01c. in bulk. Naphtha has
been unchanged at 9'05c. Credit balances have been advanced to $1 25 Spirits turpentine has been quiet and prices
have sagged to 35^ra86 ^c. Rosins have been steadier,
closing at $1 42^@1 45~ for common and good strained. Hops
have had only a small sale and the market has lacked tone.
Wool has been in fairly active demand and fine grades have
sold at slightly higher prices.
A
1
THE CHRONICLh.
194
COTTON.
Friday Night, July 38, 1901.
The Movement of the Chop, as indicated by our tele,
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 24,553 bales,
against 49,570 bales last week and 44,589 bales the previous
week, making the total receipts sinoe the 1st of Sept., 1900,
7,490,715 bales, against 6,515,809 bales for the sam period of
1899-00, showing «n inoreaBe sinoe Sep. 1, 1900, of 971,!i06 bales.
Mtctipt* at—
GalveBtoi
Bab. Pass, Ao
New Orleans.
Tutt.
hlon.
Sat.
Tkur$.
Fed.
341
1,245
746
579
477
652
3,298
2,569
(312
2,819
3
Mobile
6
2
16
en.
Savannah
Brunsw'k.Ac
387
478
Charleston...
6
7
13
49
1
Pt. Royal.Ac
Wilmington.
Wash'ton.Ao
Norfolk
3
1
14
6
1,060
420
905
169
369
News. Ao
New York
Boston
151
52
256
15
595
14
277
99
.
Baltimore
"""•'
Phlladel'a.
Ao
week
Tot. this
661
84
44
68
3,115
267
192
148
195
......
152
180
152
766
4,328
3,155
24,553
N'p't
2,745
463
148
155
6,098
5,521
2,706
148
1,741
The following 3hows the week's total reoeipts, the total
and the atook to-night, compared with last y
-.
-
e
Sept.l, 1900,
U»
TMm
July 26.
Galveston.
Sab.P.,Ao.
BTewOrlear
Mobile
.
P'saoola.&o.
Savan nan
.
Br'w
Oharleaton
P.Royal.Ac
Wilmington
WasU'n, Ao
Norfolk
—
N'portN.,Ac
New
Since Sep.
week.
York.
1,
1900
In order that comparison
we give below the
at—
40,679
7,548
6,209 1,855,152
197,810
1,375
152,095
4,451 1,074.444
120,084
548 262,1:3
1,235
279,091
1,181
81,730
5,805
61,118
4.412
22,514
14,395
3,094
2,923
2,579
3,860
14,701
Galves'n.Ac.
33
Savannah
Ohas'ton, Ac
2,903
84
68
Wllm'ton.Ac
Norfolk
N. News, Ac.
2,719
1,445
37,057
3,500
3,516
3,145
27.954 6,515,809
365,655
145,638
378
409
305
may
made with other yean,
be
1899
1900.
3,964
10,638
Mobile
81
183,635
5,000
2,434
3,403
5,651
741
915
1,811
1,131
5,508
1,602
984
41
98
31
36
178
28
46
636
355
273
235
7
4,631
1
3,250
17
978
98
3
248
347
others...
148
3,600
6,743
2,157
1,313
1,559
128
141
295
Zot.thlswk.
24,553
27,954
7,372
9.728
3,207
5,539
AU
Since Sept.
1
3,115
1
7490,715 6515,809 8381,825 8599.160 6676,486 5210,938
for the weekending this evening reach a total
of 71,759 bales, of which 26,341 were to Great Britain, 13,336
to France and 32,032 to the rest of the Continent, Belcw
are the exports for the week and since Sept. 1. 1900.
The exports
(?«•*
1
Bxvortt
,
*rom—
Rndin* July 26 1901
.
From
Sett
Exported
1.
1900, t. July 2d. 1901.
Exported to—
Qrta:
Great
Conti- lotai
France
Franct
Brit'n.
nent. Week. Britain.
~
QaWett.o;
Sab. Pass,
7,312
~8,218
4,295
19,825
7.9S8
2,962
11,076
22,025
100
6,382
100
Ac
New Orleant
'Mobile
Pemaoola
iSarannah.
Brnniwiok
Charleston.
Port Royal
Wilmington..
6,3s2
861,310 322,461
6,195
887,870 319.843
33,672
72.340 22.725
174.118 28,899
66,211
70,377
i
Norfolk..
Ac
N'port N..
New York..
Oonti.
nent.
£48.939 1.732,712
31.354
36,649
763,417 1,976,130
19,690
53.262
63,630
148.695
551961
1,102
78,103
749.978
94,744
110.629
600
228,435
19.692
30,995
589.755
328,115
141,106
6,001
81,343
2^039,!; 64
6,362,671
28,533
70,162
600
1
10,619
2,166
8,330
21,135
800
392
800
1.100
1,100
892
Baltimore
77,379
116,066
13.097
6,695
26.516
283.621
824.470
1,460
81,619
83.103
3,899
Philadelphia..
Ban Fran.. Ao..
26,841
Total. 189B-00«I 16.737
13,336
32,082
8.080
Brxl.un * r
New Orleans
venton
^Kvannii
Charleston
Mobile
Norfolk
.
•
3,400
.
™
Lcavinff
:i5rt
1,750
OtKer
Qer-
Ooait-
11,914
.
10.1
2,000
New York
...
1.30i.»
2,1(0
.'.On
600
Total 1901.
9,727
Total 1900.
Total 1899.
18.M8
l.lt.O
l'^.OU
2,384
5,805
7,701
180,235
12,397
6,973
45.223
320,432
2,380
11,579
3\084
110.554
3^6,171
710
710
5]6bo
7'.ebo
9
213
3,400
2,109 11 500 14.914
8,713
15,837
fi,343|
7,664
524
r,
3,500
.
Other ports
62372
19 3«>8
760
1,241
3,000
.
Mtock.
Total.
many. For'gn
44 29
I
Speculation in cotton for i'uture delivery has been moderThe feature has been the apparent collapse of
the deal in July and August contracts The syndicate under sto d to be carrying th-se contracts has b"en reported as a
steady seller. During ihe latter part of the week the pressure to sell August contracts, in anticipation of the free issuing of notices for the delivery of cotton on these contracts,
was quite proi ounced, with the result that prices for August
delivery sho ed especial weakness. The new-cr >p deliveries
have been influenced to a considerable extent by rhe sharp
break in prices for the uear-by deliveries. Weather conditions in the Southwest, according to some reports, have
improved, the drought being broken in some sections by a
fairly good rainfall.
The decline, however, in the new-crop
deliveries as compared with the brenk in prices tor July and
August contracts has been small. There has been no especial pressure to sell thes- months, and according to the talk
of some of th trade there is a considerable outstanding ehort
interest in these months, of which a fair perce
for the
account of the syndicate which endeavored to run the July
and August deal. These short sales, so it is (.aimed, were
i-ut out as a ht<\
:ast the purchases of July ami August
contracts
To da? there was a lower m
.under
continued selling of August, due to th»
notices
for delivery of cotton on coutracts and
s of
more favorable weather conditions in
Daring
the day.
he pressure to sell
developed a steadier tone and some of tha loss
overed,
closing steady at a net decline for th
oointa.
Ootton on the spot has been weaker, declining to H^c. for
middling uplands.
The rates on and off middling, as established Nov, 21, 1900,
t>y the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
fair
l^e on Strict Good Mid. Tinged, c. 3 16 on
Middling Fair.
...
h on Good Mi.
Even
-trlot Good Middling
4on Middling Tin
off
5 ,aon
»ood Middling
Strict Low MlddllngTinged
*j off
3 iaOff
trlot Low Middling
Middling Stainei:
a off
7 ifiOff Btrlot Low Mid. Stained
-ow Middling
. 14off
trlot Good Ordinary
3» off
Low Middling Stained.. .. 14off
1
^ood Ordinary ...
« off
On this basis the ofBoial prioes for a few of the
for
the past week July 20 to July 26— would be as folio v
ately active.
3,210
71,759 2,991,658 721,149
269,612
3,667
57,703
j
-
'
189t
6S4
1,346
1,394
31
548
1897
1898.
6,209
1,375
4,451
OS HHIPBOAKD, HOT OLRAIBO FOB—
July 26 at-
i
totals at leading ports for six seasons.
1901.
New Orleans
1900
233 1,699,874
408
87.345
5,508
1,248
24,553 7,490,715
1901.
1899
799
404,474
33,238
79.494
118.099
100.885
48,907
425,858
35,191
153,026
196,645
71,187
27,175
180
152
766
Philadel.Ac.
Receipts
1,
522
Boston
Baltimore
Totals
Since Sep
Tkit
week.
3,816 2,118,665
148
50,380
10.638 2,422.680
33 109,675
UO 180,440
2,903 1.077,374
661 131,282
84 230,994
1,773
68 258,048
3,115
148
1,741
mock.
1899-1900
1900-1901
Receipt/
We
2,903
......
.
.
33
100
100
385
661
8
392
760
501
3,816
148
10,638
6
Pensaoola, Ac.
In addition to above exports, our telegrams to-night also
give ue the following amounts of ootton on shipboard, not
cleared, at the ports named.
add similar figures for
Hew York, whloh are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange F5uildinR.
(lal
428
148
688
[Vol. LXilll.
24.817 2.25«.512 684.765 2.850.103 6.791.3*6
UPLAWDB.
sat.
>ioli
Titea
Weu
7%
738
Middling,
8
8 7 ,6
lood Middling,
middling Fair...
8
8'i«
8%
89,8
8*16
93,«
93, *
9
9
*ood Ordinary.
,ow Middling..
8%
(iULF
Sat.
+ood Ordinary.
.of Middling
Middling
Gk>od Middling.
Middling Fair..
84
uD
8iMa
MlddUng
97, 6
97,,
Sat.
STloa
6i5 ie
716,6
6is 1(
.
71&, e
Low
Middling Tinged...
3ood Middling Tinged
87,.
I
87,«
71116
8*6
8*18
8*8
8*6
8 !
* 7e
Tue* ttea
8'ie
9
Middling
7t;a
1
Ttt.
75
84
8*4
8i'ia
dTAiNEO.
Jtriot
73, e
713,*
~7<J8
7»8
.
.,ow
.>!
Frl.
84
Fr
813,6
813",
„
76 18
838
8»i«
94
94
94
Toes W«<> It
634
73*
634
779
7 '8
84
638
738
7»4
7*
Frl.
75,6
7'»ia
8%
94
»ii 16
Frl.
738
734
84
84
York on
84
The quotations for middling upland at New
July 26 for eaoh of the past 88 years have been as follows.
893. ...e. 8
1885
1877
0.124
1901. ...o- 84
0.105,6
101 «
1892....„. 74
1876
1900
1884
11
HHie
143*
1891
1883
1875
1899
64
10
8
1890. .....124
1234
6l,e
1862
1874
17
1898
1897
1896
1895
1894
7'6, 6
73 18
7
7
1889
1883
1887
1886
116, e
Quiet
Quiet
Tuesday... Quiet at s 18 deo.
Wednesday Qalet
Thursday.. iwalet at 4 dec.
.Steady
Friday
Monday
Total.
..
21
1873
1872
lin,6 1871
llUie 1870
.1111,6
118b
22
2034
1879
941878
MARKET AND SALK8.
Spot Mabkbt
OLOSKu
Saturday
1881
10U lH 1880
103e
FOTUBEB
Makket
Closed.
Salrs of Spot
<b
204
Contract.
Ex-
Oon-
Con-
port.
tump.
tract.
40
49
B'rly steady.
Quiet
Total.
7,2(0
1,300
7,200
1,535
900
900
127
Easy
Easy
235
n toady
....
127
830
800 1,130
....
1,241
9,700 10.941
Steady
JULY
THK CHKONK'Lh.
27, 1901.]
Futckeb.
Highest, lowest and closing
-
pm
AT the
TowNB
lNTKttiuu
week an
veek and the stocks
the
movement— that
iber
for the
g«HnBO£ Oga BraP^agga» m
od
upondiiiK
P
•
1,
enta for
and th
to
-is set out in detail below.
)
r
a 12
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tsixcoto^cocci^cBcT. otoco/coi^i-'Oitv:^)
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July
OHHKODOVOUJCUi^CXIOl-tiKSKI
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Mr<ii^>OWC^^~]dr~XOiMOtttCCCCCC;'*tC7<tOCdtO.~Al»iF.<£tft|C»
GotDCo*kao*.eo^e^c»«''»lcoon^^.i-'ceccrccc:o<l>-'03'CB'-'eo
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cc
h^
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to
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to
V<
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i-iViifi.
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82,000
.S.000
4,000
63,300
76,300
74,000
31,000
18,000
15,000
83,000
73,000
506,000 471,000
785,300 795,300
2,359.625 1 .812.162
3,144,»25 2,607,462
31033d.
33sl
week have been
^icco
to;
;
**
w: tn^eocnwwacoeocT:^:
•
I
10
1
00!
•
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6
3« ia d.
3Hd.
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ao;
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oo
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;
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•
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to *
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CO c n CO
CRA, !-'COC»0>>-COt0^leD01tO*kvlOW,COOiCjctOCOtO
f. wOr-i wen. W'laH^^oooocoo o-jife-o to-ioco*-o —
,
-J
The above totals show that the interior stocKs nave den eased during the week 17,634 bales, and are to-night 127,555
bales more than at same period last year, The receipts at all
towns have been 7,048 bales more than same week last year.
Overland Movement fob the Week and Since Sept, 1.—
We give below a statement showing the overland movement
'or the week and since Sept. 1, as made up from telegraphic
eports Friday night.
The results for the week ending
July 26 and since Sept. 1 in the last two years are as follows
1900-1901.
July 26.
*l\ipptd—
Via St. Louis......
Htpl.
,
VlaPaduoah
Since
Wee*.
8ept.
5,795
58,508
1,042
13\581
2,176
866
115.169
285,079
749
561
1,649
Total gross overland
deduct Mhtpments—
Overland to K. V., Boston,
Between Interior towns
12,458 1,732.721
dec.
uland Ac., from South
,
Total to be deduoted
9,5»7 1,767,666
6,743,
535
448,333
98,496
81,906
3,374
628,735
7,562
2,839
1.
853,259
226,649
11,686
12,810
210,118
130.075
317,069
316
5,i05
Via Rook Ipland
VlaLouisvihe.... ...
Via Cincinnati
Via other routes, Ac.
i
1.
895,968
237,311
8,480
42)
..
VlaOalro
1899-1900.
titnet
Week.
347,385
76,097
96,286
249
570
519,768
[
Leaving total netoverland*.
*
Including
movement by
rail to
9.084 1,103,986
2.035 1,247,898
Canada.
The foregoing shows the week's net overland movement
this year has been 9,084 bales, against 2,035 bales for the
week In 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 143,913 bales.
1899-19O0
19O0-1901
in 8ig\t
79,000
508.:
cocd»o.
fe
eo
to
-1
1,018,000 866,000
41*4,000
589,000
62,000
106,000
400,464 263,379
237,436 121,674
5.109
8,725
2,35^,625 1,812,162
e»ec.
:
toecu'
,
9
9
I
c..-;
-1
m
~4 i*
r
"^
89,000 bates.
The above figures indicate an increase in 1901 of 900,799
bales as compared with same date of 1900, a loss of ^LiS,404
bales from 1899 and a decline of 300,941 bales from 1893
'
CO
^l-jeo^ooo-jco-acij^otosciccsco-jbsco^-to
cn
American—
. .
cBcoOi-. ©~i«j-
5i
*3
tO
-1'
-Jex;
cb^.-
,
ei'B
.
451,000 227,000
253.000 363,000
American afloat for Europe.
151,000
83,000
United States stock
365,655 145,638
United States Interior stocks. 180,963
53,408
United States exports to-day..
9,703
2,476
Total Amerioan
1,411, 321
874.522
Ma$t Indian. Brazil, deLiverpool stook
128,000
91,000
Londonstook
8,000
9,000
Continental stocks
76,200
34.200
India afloat for Europe
46,000
28,000
Egypt, Brazil, Ac afloat
15,000
12,000
Btook In Alexandria, Egypt.
95,000
67,000
Btook In Bombay, India
527,000 290,000
Total East India, <tec
895,200 531,200
Total Amerioan
1,411.321
874,522
Total visible supply
2,306,021 1,405,722
Middling Upland, Liverpool..
4i»..d
SSlit.
Middling Upland, New York..
8'ieo.
101'ieo
Egypt Good Brown, Liverpool
6»| 1
6«8d.
Peruv. Rough Good, Liverpool
7d.
7»«d.
Broaoh Fine, Liverpool
43 16 d
5iSi 8 d.
Tlnnevelly Good, Liverpool. .
48 lb d.
5d.
;
eo
to
cb
MM
i^oes;
•
"cc iJi'-J
et
toe.
dj
cable and telegraph, Is as follows. Foreign stocks, as wel)
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 26), we add the item of exports from the United States,
including in it the exports of Friday only.
1898.
1900.
1899.
1901.
Stook at Liverpool
bales. 679.000
318,000 1,0^7,000 948,000
Btook at London
4,000
5,000
8.000
9,000
Total Great Britain stock. 587,000 327,000 1,102,000 952,000
Stock at Hamburg
19,000
22.000
32,000
23,000
Stock at Bremen
84,000 136,000
250,000 220,000
Stock at Amsterdam
1,000
......
1.000
3,000
Stook at Rotterdam
300
200
200
300
Stock at Antwerp
6,000
3,000
4,000
3,000
Stook at Havre
185,000
119,000 119,000
192,000
Stook at Marseilles
4,000
4,000
6,000
3,000
Btook at Barcelona
64,000
60,000
95,000
76,000
Stook at Genoa
39,000
20,000
29.000
55,000
Stook at Trieste
19,000
17,000
7,000
28,000
Total Continental stocks.. 329,200 397,200
665,3i>0
557,300
Total European stocks
916,200 724,200 1,767,300 1 ,509,300
India ootton afloat tor Europe
74,000
23,000
31.000
46,000
Amer ootton afloat for E'rope. 151,000
62,000
106,000
83.000
Etrypt.BrazU,&o.,aflt.for E'pe
18,000
15,000
12.000
15,000
Stock in Alexandria,
Egypt..
83,000
95,000
67,000
73,000
"
Stook In Bombay India:.""..... 527,000 290,000 506,000 471,000
Btock In United States ports.
365,655 145.638 400,464 263,379
Stook In U. 8. Interior towns.
180,963
237 436 121.674
53,403
United States exports to-day.
5,109
9.703
2,476
8,725
Total visible supply
2.306,521 1,405.722 3,144,925 2^ 607,46 i
Ol the above, totals of Amerloan and other descriptions are as follows:
bales.
cohoh'
m
if
0*5
Liverpool stook
Continental stocks
1
««»
O
o
-j
to
OS
'o
en
05
o
©
«
The Visible &upply op Cotton to-nignt, as made up
I
1
*.c»e«CBO-f uc»e> ••rm -• j< to -c Meoto^jo. a m ao^ocioj^j^j-eooa* »aco*
c:toee~to^-'05entot-'C)ieoci.
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05 -'l
00 10
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o*j
cj»e«
ao:
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05 05
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and Bpinnerf
Since
Takings.
iTee*.
iteoelpts at ports to July 26
Set overland to July 21
Jonthern consumption to Jnly 26.
Sept.
1.
Wet*
Sinee
8*pt.
21,553 7,490,715. 27.
2,03*1.
9.084 1.103,986
29,000 1,346,000 32,
'
1.
IMK)
02,6 >7i»,940, 701
136.
17,6.34
Total marketed
excess
•terlor stocks In
Came Into sight during week.
Total In sight July 26
"45,0'.
00 J
110077.'.
4301,9f3,411
26
Decrease during week.
Movement into sight in previous \ ears
I'orth'n spinners tak'gs to July
3.i
"
1899
1898
1897
1896....
bales.
Week.
30,829
23,330
9,190
14,093
8
1898-99
1897-98
1896-'.'
1895-96
* Sept. 1.
bales. 11.053.295
11'. 93 1,031
--. 8,i54.70t:
6.959,393
THE CHRONICLE
VM>
Quotations fob Middling Cotton at Other Marki
Below arc olosing quotations of middling oottoo at Southern
and other principal cotton markets for each day of the m
_ .
Week aiding
July 26
I
Satur.
Galveston...
Now Orleans
Mobile ....
Savannah...
Chaileston..
iniiigton.
Norfolk
Boston
Baltimore
.
Philadelph'a
Louis...
Houston
B4
87. a
8*8
8i«
8*8
I
Wcdnes.
838
8^16
8
8%
8
8*4
8^16
8»*
8^4
87 le
8"i 6
8"i 6
8*
84
84
84
84
84
84
84
84
8««
84
84
87,8
84
84
888
84
84
84
84
84
8
83,8
8»18
8 8 ie
8& la
8^18
84
84
Tues.
8*8
84
84
84
84
84
84
84
8&, 8
...
Cincinnati.
Louisville
The
Mon.
M
on.
i
8%
84
84
Augusta ...
Memphis...
St.
on—
.
|
Wl
USING ^DOTATIONS fob middling cotton
(I
,
84
84
84
84
84
8i<
Thurs.
Fri.
84
84
8 3 18
8
8
8
8
84
84
84
84
81,8
8i,e
84
84
84
84
84
84
84
84
8
8
81,8
84
84
84
84
84
84
84
84
closing quotations to-day (Friday) at other important
Southern markets were as follows.
Athens
Atlanta
Charlotte
7 7a
Oohuubus, Ga.
8
I
87i 8
|
Coluinbus.Miss
Eufaula...
Rock
i
Little
|
Montgomery...
...
74
7%
74
I
Nashville
84
I
Natchez
8i,a
Raleigh
Shreveport
8'ie
I
I
84
Weather Reports by Telegraph.— Telegraphic advices
to
us from the South this evening indicate that rain has fallen
many districts during the week, but that ever a large part
of Texas the precipitation has been light or there has been no
rain.
Our Galveston correspondent states that Southwestern
Texas, where orop was in good condition previously, has had
good rains, but the large area which has been suffering for
rain for some time past had had only insufficient showers, and
moisture is very badly needed.
Rains are reported to
have been beneficial in Alabama and Mississippi, but drought
is complained of in Arkansas, Tennessee and a few counties of
Alabama, and our Memphis correspondent refers to deterioration in condition especially on uplands. Some improvement
in the crop is noted at points on the Atlantic, but lice are
claimed to have infested cotton in the vicinity of Stateburg,
in
South Carolina.
Galveston, Texas.— Southwest Texas, where crop was in
good condition previously, has had good rains during the
week. But the large area which has been suffering for rain
for some time has had showers only and they have been inConditions for past week show no real improvesufficient.
ment, and moisture is very badly needed. It has rained
heavily on two days of the week, the rainfall reaching three
inches and forty-six hundredths. The thermometer has
averaged 78, ranging from 70 to 88.
Abilene, Texas.— There have been showers on two days
during the week, to the extent of twenty-four hundredths of
an inch.
The thermometer hasj ranged from 72 to 96,
averaging
84.
Brenham, Texas.
—We have had showers on two
days the
past week, the rainfall being forty- five hundredths of an
inch. Average thermometer 85, highest 97, lowest 73.
Corpus Christi, Texas. There have been showers on two
days of the week, the precipitation reaching thirty-eight
hundredths of an inch. The thermometer has averaged 82,
the highest being 90 and the lowest 76.
have had only a trace of rain on one
Dallas, Texas,
day during the week. The thermometer has averaged 86,
ranging from 70 to 101,
Henrietta, Texas. There has been no rain during the
week. The thermometer has ranged from 72 to 103, aver-
—
— We
—
aging
88.
Huntsville, Texas.— Showers have fallen on two days of the
week, to the extent of twenty -one hundredths of an inch.
Average thermometer 85, highest 96 and lowest 73.
Lampasas, Texas. Dry weather has prevailed all the
—
week.
The thermometer ha* averaged
87,
the highest being
100 and the lowest 73.
Longview, Texas.— There has been rain on three days the
past week, the rainfall being fifty-three hundredths of an
inch. The thermometer has averaged 87, ranging from 72 to
102.
Palestine, Texas.— Rain has fallen on one day of the week,
to the extent of twelve hundredths of an inch. The thermometer has ranged from 72 to 94, averaging 83.
Paris, Texas. There has been rain on three days during
the week, the precipitation reaching one inch and fifty-six
hundredths. Average thermometer 88, highest 105 and lowest 71.
have had rain on three days durSan Antonio, Texas.
ing the week, to the extent of two inches and twenty hundredths. The thermometer has averaged 84, the highest
being 96 and the lowest 72.
Shreveport, Louisiana. There has been rain on four days
during the week, the precipitation being one inch and fortynine hundredths. The thermometer has ranged from 72 to
—
— We
—
98,
averaging
New
83.
—
Orleans, Louisiana. There has been rain on five days
during tne week, the precipitation being four inches and
hundredths. Average thermometer, 80.
Columbus, Mississippi. Rain has fallen on one day of the
five
—
[Vol.
LXXLI,
week, the rainfall reaching fourteen hundredths of an inch.
85, the highest being 102 and
the lowest 70.
Greenville, Mississippi.
The weather was hot early in the
week. Good soaking rains fell on Wednesday and Thurtday,
and were followed by cloudy and cool weather.
Vicksburg, Mississippi.— Crops are doing well. We have
had beneficial rain on five days during the week, the rainfall
reaching two inches and fifty- six hundredths. The thermometer has averaged 79, ranging from 70 to 91.
Leiartd, Mississippi. — It has been raining during the week,
the rainfall being one inch and ninety one hundredths. The
thermometer has ranged from 67 to 92, averaging 776.
Little Rock, Arkansas.—The continued hot and dry weather
has destroyed all gardens and cut corn eff more than onehalf.
With good rains from now on cotton will not be over
two-thir 's of an average crop here. There has been but a
trace of rain during the week. Average thermometer 87,
higheBt 102, lowest 72.
Helena, Arkansas.— Rains are reported in some localities in
this neighborhood but in others there has been none since
May. Cotton is small and needs rain. Corn and vegetables
are suffering. There has been light rain on one day during
the week, to the extent of twelve hundredths of an inch. The
thermometer has averaged 83*4, the highest being 101 and
the lowest 73.
Memphis, lennessee. We have had light showers on two
days ot the week, the rainfall being but eleven hundredths of
an inch. Scattered showers have done good in a few localities, but the whole territory needs soaking rains.
In general
the condition of cotton is deteriorating, and especially on
uplandp. The thermometer has averaged 86-1, ranging from
72 to 103*7 the highest on record, and accompanied by hot,
parching winds.
Nashville, Tenn.— There has been no rain during the week.
Moisture is badly needed. The thermometer has ranged
from 70 to 101, averaging 85.
Mobile, Alabama. —There has been sufficient rain in most
sections and cotton is doing well. Drought is complained
of, however, in a few counties.
The week's rainfall has been
four inches and thirty-four hundredths, on five days. Average thermometer 81, highest 93 and lowest 72.
Montgomery, Alabama. Cotton is doing well. It is steadily improving and growing and fruiting nicely.
We have
had one light shower during the week, the rainfall reaching
nice hundredths of an inch. The thermometer has averaged
83, the highest being 95 and the lowest 72.
Selma, Alabama.— Cotton has made some improvement
this week, and is clean as a rule. But it is small and about three
weeks late. We have had rain on two days during the
week, the rainfall reaching twenty-one hundredths of an
inch. The thermometer has averaged 82, ranging from 69 to
The thermometer has averaged
—
—
—
—
96.
—We
Madison, Florida.
have had rain on three dnys during
the week, the precipitation reaching one inch ana twenty
hundredths. The thermometer has ranged from 74 to 94,
averaging 85.
Augusta, Georgia. Cotton is improving. There has been
rain on two days during the week, the precipitation reaching
twelve hundredths of an inch. Average thermometer 82,
highest 98 and lowest 71.
Savannah, Georgia. We have had rain on four days of
the past week, to the extent of one inch and twenty- seven
hundredths. The thermometer has averaged 81, the higheBt
being 95 and the lowest 72.
Charleston, South Carolina. We have had rain on five
days of the week, to the extent of one inch and forty-seven
hundredths. The thermometer has averaged 81, ranging
—
—
—
from 73 to
92.
Stattburg, South Carolina.— Cotton that has been well cultivated, especially on the clay soil of hills, has improved encouragingly the past week, but even the most vigorous and
have
healthy plants are infested more or less with lice.
had rain on three days during the week, the rainfall being
one inch and twenty-seven hundredths of an inoh. The
thermometer has ranged from 72 to 95, averaging 81.
Greenwood, South Carolina. Cotton has improved a little
since rain has fallen. There has been rain on two days of
the past week, the rainfall being one inch and twenty-eight
hundredths. Average thermometer 79, highest 88, lowest 71.
Charlotte, North Carolina.
Cotton will need rain soon.
Rain has fallen on two days of the week, to the extent of
Average thermometer 80,
three hundredths of an inch.
highest 95, lowest 70.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o'clock July 25, 1901, and July 26, 1900,
We
—
—
July 25.
New Orleans...
Memphis
y ash ville........
Shreveport
Vicksburg......
Above sero of gauge.
Above zero of gange.
Above zero of gange.
Above zero of gacge.
Above zero of eanjre.
'01,
July 26, '00.
Feet.
Feet.
51
69
63
70
4-y
81
1-7
18
118
14*0
&c—
Bagging has been rather
Jute Butts, BaggIng,
quiet during the week under review, at a slight advance in
prices, viz.: 6s. for \% lbs. and 65£c. for 2 lbs., standard
grades. Car load lots of standard brands are quoted at
63^c, f. o. b., according to quality. Jute butts continue dull
at \%@\%g. for paper quality and 2%@2}|c. for bagging
Q%@
quality.
July
1HK CHKON1CLK.
27, 1901.
India uottom Movkmknt from all Ports.— The reoelpti
of cotton at Bombay and the shipments from all India porta
for the week ending July 25, and for the season from Hept.
to July 25 for three years have been as follows*.
drv districts crops
In
and although
,-im. lint
Beceiptt at
Bine*
Week
8ept.
rapidly
fTUitlUg
oottou
failing;
wo
holding
out
v.
1.
'.--lit
rather detriments
i-howers of
lining fairly
tn be "f hei-tilt; cotton
u> luteirupt.
shedding, wittistaudlug droi..
These reports on cotton are summarized by the Drimrt-
B\T.
Week.
1.
L»U
->7
needs rain badly.
1898-1899.
8inct
Week.
Hept. 1.
In
Oklahoma and Ibdian Territories.— Drought
!imi
1899-1900.
Miiall
Extremebei
Missouri,
1
1900-1901.
l
l
Sept. 1
in^nt as follow?:
portion* of Mississippi. Alabama, Georgia and Florida the condi11
tion of OOtton luts In pro»ed, bul In the two last-named Htati I ami In
.11 y
the Carolina* It h.ipi Hiilti-reil Iioiu lack of colli \ atlou. 1U.
ed In Tennessee and over the western portion ol tbe ootton helt,
where, however, the prop Is generally withstanding ibe drought well.
Fuming at the top continues ii) he reported from tbe oentral
itlstriots, and throughout the belt the plant is small.
1
Bombay
8,000 1,897 ,000!
loom) 2.015,000
901,000
2.000
Bince September
For ikt Week.
1.
Mxporli
from—
Great
Britain
Continent.
Great
Britain.
To tat.
Continent.
Total
Texas Weekly CBOP BULLETIN.— The weekly crop
Bombay—
1900-01..
1899-O0..
1898-99..
1,000
2,000
2,000
1,000
2,000
2,000
>•*•
67,000
6.0O0
16,000
684,000
97.000
622,000
4,000
2,000
2,000
39,000
27,000
39,000
8,000
4,000
2,000
17,0
10,00
17,000
621,000
102,000
537,000
Calcutta
......
1,000
1,000
189b-9 -
Madras190001
1898-99..
Allothrrs
1900 01
1899-00..
1898-99..
.
Total all1900-01..
1899 00
42,000
29,000
31.000
\
.
1899 00
.
1898-99..
25,000
14,000
19,000
t
(
,
'
4,000
1,000
3,000
4,000
1.000
3.000
12,000
4.000
7,000
1J
3.000
72,000
110,000
125,000
5,000
4,000
5,000
5,000
4,000
6,000
91,000
15.000
26,000
722,000
200,000
678,000
813.000
221,000
704,000
7ti,0O0
117,000
Alexandria Receipts and Shipments op Cotton
Alexandra Sgypt,
July 24
Beoelpts (oantars*) .
This week
1900 1901.
1899-1900.
1898-1899.
Considerable rain, mostly the result or local thunder ••tonns, fell In a great many localities on the 18th. 19th and SOtA.
hut it was unevenly distributed, and In most Instances was coullaed
Heavy rains fell in localities along the eastern Gulf
10 small areas.
(oast on the morning of the 22d. There are still many localities
throughout the State where the drought continues, especially the oentral aud western portions of the State. There have been «.nly a few
places where the amount, of rata has been sufficient for the needs of
orops, and a general rain Is needed over the entire State.
The weather conditions during the past week were more favorable
for the growth of orops than for several weeks. Where rain has
fallen, crops responded readily to the much-needed moisture. Cotton,
In sectli us where the drought continues, Is beginning to suffer and in
many places Is shedding; where relieved by rain the orop has taken
on new life and Is growing vigorously. Cotton Is blooming In the
northern counties and In some of the oentral and southern oountles Is
beginning to open. Picking is progressing in some seotions In the
Southwest, but not generally.
10,000
5,443,000
6,434,000
1,000
5,581,000
TMt
Since
TMt
Since
TMt
Sxnct
week.
Sept. 1.
week.
Sept. 1.
week.
Sept. 1.
2,000 316,000
2,000 335,000
3,000 898,000
3.000 408,000
6,000 330.000
3,000 369,000
|
Total Europe
4,000651,000 6,000 806,000 9,000 699,000
A oantar Is 98 pounds
In 1899-1900
1 Of which to America In 1900-1901, 53,937 bales;
70,091 bales; In 1898-99. 50.319 bales.
Manchester Market.— Our report received by
to-night from Manchester states that the
both yarns and shirtings.
We give
poor.
The demand
market
for
is
home
cable
quiet
trade
the prices for to-day below and leave thosethis and last year for comparison.
weeks of
for previous
—
Shipping wawa. As shown on a previous page, the
exports of ootton from the United States the past week have
reached 71,759 bales. The shipments In detail, as made up
from mall and telegraphic returns, are as follows:
.
Kxporta (bales)—
is
1
below the normal.
1900-01..
1899-00..
for
Total baltt.
New York -To Liverpool, per steamers Cuflo, 1,902
Georg-
ian, 400.... Georgio. 6,711
9,013
To Hull, per steamer Martello, 300
Maskelyne
To Manchester, per steamers Bellaura, 925
(additional), 261 upland and 150 Sea IslanS
La Gascogne,
To Havre, per steamers Bordeaux, 1,298
790 upland and 68 ^ea Islaud
To Bremen, per steamer Friednch der Grosse, 6,892
To Hamburg, per steamer Patricia, 225.
To St. Petersburg, per steamer Nloolal II., 50..
To Genoa, per steamers Marco Miughetti (additional), 75
...
Spartan Prince. 231
Trave, 295
To Naples, per steamer Trave, 63
To Trieste, per steamer Pocahontas, 300
To Venice, per steamer Pocahontas, 199
Nbw Orlean*—To Liverpool— July 22— Steamers Navigator,
2512; Wanderer. 5,476
To Havre—July 24— Steamer Cadiz, 2,962
To Bremen-July 23—Steamer Australia, 3,040
To Hamburg—July 19 Steamer Claudius. 3, 94
To Rotterdam— uly 23— Steamer Ethel Rado iffe, 519
To Barcelona— July 19-8teamer P10 IX., 4. .22
Galvkbton—To Liverpool— July 23— Steamer Iran, 7,312
To^Havre-July 19— Steamer Mohawk, 8,218
To Hamburg—July 19— Steamers Acts, 2,320; Capenor,
I
1901.
32* Hop.
Tvntt.
A.
8k
1900.
SMrt Oott'n
common Mid. 82t
tot
ingt,
Upldt
to flnett.
d
8.
d.
8.
d.
d.
d.
SMrt OotV*
8k
Oop. tngt,
commor.
lot.
Twist.
d.
s.
d.
r
ma
Uplcti
to flnett.
d.
d.
©8
4»ia 7 78 ©813, e 6 3 ©7 104 53 a
4U 1t 8 ®878 5 4^07 10'fl 5»8
5 2k08
423 32 8k 8 8 7s 5 4k©7 10
527 3a
5 2k©8
4»8
83 )8 ©816 16 6 4k©7 9
6 3 ©8
52"»s»
4I» S2 84 © 9
5 3 ©8
5 4k »7 9
ft»' M
" 26 616 e »7'e 5 2 ©711
4133., 8k ©9
5 4 ©7 8
53»
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
7* ©8*4
28 7k 08*4
July 5 7k 38 *
" 12 7»4 ©8k
" 19 7k »8k
J'e 21
5
2
'•
1
telegraphic reports on the crops in the Southern States for
the week ending July 22
North Carolina.— Too frequent rains have generally Injured crops
cotton Inferior, making too muoh weed, forming fruit slowly aud
1.970
To Rotterdam—July 19— Steamer Mohawk, 5
Pensacola—To Genoa—July 2i»— Steamer Olnnamare, 100....
Savannah—To Bremen— July 26— Steamer Craigearn, 5,637..
To Hamburg— July 26-8teamer Craigearn, 745
Boston—To Liverpool— inly 16— Steamer Oestrlan, 329....
July 19— Steamer Saxonia, 69
Baltimore— To Hamburg—July 18 -Steamer Brlsgtvia, 50
July 23— Steamer Bethanla. 760
San Francisco— To Japan—July 25— Steamer Peru, loO
Seattle—To Japan— July 23-8teamer Kaga Maru, 1,000
Total
New York
shedding.
South Carolina.— Excessive
rainfall in Eastern, Northern and
Western counties presented cultivation, otherwise weather favorable;
cotron growing and fruiting satisfactorily, bnt needs further cutivatlon, as plants are small and some fields still grassy; blight in spots
on Sea Island.
Georgia.— Coplou* showers during week materially benefited growing crops; cotton small and late; many fields almost total failure;
chopping not completed in few Northern counties; where well cultivated the crop shiws decided improvement, Is growing vigorously,
and b
lllng well.
Florida.— Seasonable temperature; too muoh rain over portions
northern and western districts caused some cotton to shed and rust
and made cultivation dlftioult, otherwise [staple improved, fruiting
more reely and home opening.
Alabama. -Nearly normal temperature with general and benettolal
showers, moderately heavy in southwest and some oentral counties;
cotton small but clean, Improving steadily and fruiting satisfactorily.
Mississippi.— Good showers except in twelve northwestern counties,
where drought continues; cotton much improved where showers were
sufficient, and is growing and fruiting well In south and east, but
blooming to top oontluues in northwest.
Louisiana.— Showery conditions continued; precipitation plentiful
in southern portion. Insufficient and unevenly distributed in oentral,
and deficient In northern parishes; cotton doing well In southeast
portion of cotton-growing district, but elsewhere very small, needs
rain, blooming at top or growing slowly.
Tkxas— Warm week with scattered showers, sufficient In places to
materially Improve agricultural interests, but general heavy rains
needed for growing orops; cotton, while generally healthy, is small
and fruiting slowly, picking commenced in southwest portion, but not
general.
Arkansas —Light, looal showers In some seotione, in others
droughty oouditlons continue; all orops injured by hot, dry weather;
In localities ootton standing drought fairly well but timely rams
would benefit greatly, in others growth ohecked, blooming at top and
shedding.
Tennessee.— Good
rains, mostly looal in oharaoter, from 16th to
19th over large portions of Eastern and middle and small portion of
Western division, but in many places were soaroely sufficient to check
failing conditions; in favored areas muoh improvement is noted, but
Mon.
8atur.
Llverpoool
10
10
20O21
203 21
21
20
28
21
18
20
28
21
24>«
e.
Havre
Bremen
e.
225
50
601
63
300
199
7,988
2,962
3,010
3,294
519
4,223
7,312
8,218
4,290
6
100
5,637
745
392
800
100
1,000
the past week have been:
Xutt.
10
Wednet. Tkurt.
10
10
#H.
10
20921 20321 20321 20321
21
20
21
20
28
21
18
20
28
SI
18
28
21
18
241*
24>«
24>fl
24i*
24>«
32
28
32
28
32
28
82
28
32
28
32
28
16317
16317
c.
e.
Antwerp..... ....e.
Ghent, v.Antw'p.e.
Reval, v.Br-Hame.
Do
Do
2,156
6,892
21
e.
Rotterdam
1,336
21
20
28
21
18
e.
Hamburg
Amsterdam
300
71,759
..
Cotton freights at
:
fruiting
bulle-
Texas, issued last Tuesday (July 38), had
the following bearing upon cotton:
,iu been
he rainfall during the week for the state as a who!.
tin for the State of
v. Hull.-.c.
21
18
v. St. Pet.e.
Genoa
e.
16*17 16017 16317 16917
28
28
28
28
28
28
Quotations are oents per 100 lbs. or fractions of a penny per lb.
Liverpool. By oable from Liverpool we have the following statement of the week's sales, stocks ftc at that port.
Trieste
e
—
July
lales of the
week
bales.
Of which exporters took...
Of which speculators took.
•Sales Ajnerloan
Actual export
Forwarded
Total stock— Estimated
Of which Amerloan— Est'd.
I'otal import of the week
Of which American
Amount afloat
Of whioh Anierloan
5.
42,000
1,400
1.0O0
36,000
3,000
54,000
659,000
628,000
34,000
23,000
65,000
40.000
July 12
39,000
1,900
1,400
35,000
10,000
69,000
631,000
505,000
41,000
32,000
60.000
45,000
July 19
40,000!
2,900!
300,
34.000
7.000'
48.0O0
591,000;
462,000
19,000
7.000
67.0O0I
55,0001
July 26
42.000
5.0CO
38.000
6,000
45.000
579.000
461.000
28.000
S2.000
52,000
4VOOO
The tone of the Liverpool market for spots and futuree
each day of the week ending July 26 and the daily dosing
prices of spot ootton, have been as follows.
THE CHRONICLE.
Sat' day,
Monday.
Tuesdiii/
4
Unlet.
Moderate
demand.
Pinner.
Mid. Upl'dB.
4ie S a
4»B sa
4,000
7,000
500
600
Market
12 30
P.
H
Bales
Bpeo.&exp.
Wtd'day. Thin
Moderate
demand.
Friil in/.
Hauler.
Meliorate
business.
413 82
4is
7,000
1,000
7,000
8,000
7,000
500
500
500
O tts for futnrfi delivery at th<- Western market have b3en
fairly active,
Early in the week prices advnnced sharply on
the crop-dam •ma and drought reports. During the week,
however, private advices to the efi>ct that the drought had
been partially broken induce') f
line and most of the
advance waa loat. Locally the npot market has been fairly
active and at higher prices. To-day the market was quiet,
but about stead v.
DAILY CLOSING PRI0E8 OF OATH TO
Futuret.
Qnlotat
Market
OpOl;
Market,
4 P. M.
Quiet at
2-04 de-
partially
<•>!
cline.
i!(ic.
Quiet and
{
Easy.
Dull.
steady.
(
Quiet
Qnlot
Steady
at
2-04 deollne.
1-01
ai
de-
Quiet.
cline.
8tead>.
Irregular. Feverish.
Theprioes of futures at Liverpool for each day arc given
Prices are on the basis of Uplands. Low Midr? Mnj
clause, unless otherwise stated
below,
Sat.
July 20
JTIon.
Toe*.
July 22.
July 23
Wed.
Tliurs.
Frl.
July 24. July 25. July 26.
12i«
1 121*
4 12>9 4 12ifl 4 12*s 4 12»a 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.
!
d.
d
d.
d.
d.
a.
d.
d.
d.
4 31 4 32 4 30 4 30 432 4 29 4 23 4 25
July-ATK2\... 4 31 4 32 i(» 4 30 4 31 4 28 4 28 4 24
Aug.-8ept...4 28 4 29 4 27 4 27 4 28 4 26 4 20 4 22
8ept.,L.M.O. 4 28 4 29 4 27 4 27 4 28 4 26 4 20 4 22
Oot.,G.O.O.4 20 4 21 418 4 18 4 20 4 17 4 13 4 14
Oot. Nov.... 4 19 4 19 4 16 4 16 4 18 4 15 411 4 13
Nov.-Deo... 4 17 4 18 4 15 4 15 417 4 14 4 10 4 12
* 17 4 18 4 15 4 15 4 17 4 14 4 10 4 12
Deo. -Jan
Jan.-Feb....4 17 4 )8 4 1^ 4 15 4 17 4 14 4 10 4 12
Feb.Mch.. 4 17 4 18 4 16 4 16 4 18 415 4 11 4 12
Moh -Apr ..41S 4 19 4 16 4 16 4 18 4 16 4 11 4 13
July
d.
d.
d.
17 4 17 4
17 4 17 4
15 4 15 4
15 4 15 4
4 11 4 08 4 08 4
4 10 4 07 4 07 4
4 10 4 06 4 06 4
4 10 4 06 4 06 4
4 10 4 06 4 06 4
4 10 4 07 4 07 4
4 11 4 08 4 08 4
4 21
4 21
4 19
4 19
4
4
4
4
13
13
11
11
05
01
04
04
04
04
05
BREADSTUFFS.
Friday. July 26, 1901.
Following the advance in prices for the grain, quotations
for wheat flonr have been on a higher basis. The volume of
business transacted, however, ha8 been only moderate.
Buyers generally have been slow in placing orders at the increased cost, and the purchases made have been as a rule
limited to only such supplies as have been needed to meet
current wants. City mills have been firmer bat quiet. Eye
flour has a&d a slightly better jobbing sale on a steady basis
of values. Corn meal has been advanced with the grain, but
at the higher prices the market has been unsettled.
Speculation in wheat for future delivery has been active,
and the tendency of prices has been towards a higher basis.
The feature has been free buying by shorts to cover contracts, induced by fear of damage to the growing springwheat crop by the reported hot, dry weather. Cable ad
vices also have reported decidedly strong foreign markets, influenced by the crop-damage reports received from the
Northwest, and there has been considerable speculative
Daring the latter part
buying for foreign account.
week numerous private advices were reof
the
the
drought in many
effect
that
the
ceived
to
sections was broken by the fall of good rains, but as they
have been only partially confirmed by official reports, the
undertone was unsettled. Reports as to the damage done by
the hot, dry weather experienced also have been unusually
conflicting, some claiming serious loss, while others claim
that with a relief from the drought the yield of the crop
will not be materially affected. Business io the spot markets have been moderately active, exporters being buyers
here and at outports; prices have followed futures. To-day
there was an easier market under realizing sales. The spot
market was active. The sales
were £00,000 bushels.
for export, principally at out-
ports,
DAILY CLOSING PRICES OF
NO. 2
RED WIHTER
IN
NEW YORK
Sat
Mnn.
Tues.
Wf.d.
o. b
July delivery In elev
77^
80*2
77 7s
78?8
8OI4
75*6
76*>8
78
Sept. delivery In elev....
Deo. delivery In elev
74H
77H
75^
77%
7714
793b
Cash wheat 1
7914
7b 14
76Vi
78*9
79J«
76
DAILY CLOSING PRICES OP NO. 2 SPRING IN CHICAGO.
8at.
Hon.
Tues.
Wea.
inurs.
69i«
67*2
71^
70
70%
July delivery In elev
68B8
72i*
in
elev
delivery
72^
71 %
Bept
700a
70*3
Deo. delivery In elev
743s
72%
7414
73-4
78 ie
7734
7534
77%
Fri.
70 %
72 1«
Indian corn futures have been active, the speculative dealings being on an unusually broad scale. The fluctuations in
prices have been rapid and within a wide range. Eirly in
the week, on unfavorable crop news of a sensational char
acter, reports received claiming that the crop had suffered a
large and irreparable loss as a result of the prolonged hot,
dry weather, prices advanced sharply. Subsequently, however, much of the advance was lost. Advices received from
the corn belt stated that in some secdons the drought fiad
been broken by a moderate rainfall, and this has induced fair
In
selling, both to realize profits and also for short account,
the spot market business has been quiet, buyers being slow
to follow the advance. To-day there was a firmer market on
dry-weather reports. The spot market was firmer but dull.
DAILY 0LO8INO PRKJK8 O* HO. Z MIXED OORN IN
VORE.
Hon.
Sat.
Tues.
Wed. TAun.
62%
5734
59%
Caen corn I. o. b
59%
58%
58%
57 7s
61%
59
July delivery m elev
58H
59k
NEW
53*6
Sept. delivery in elev
Deo. delivery In elev
58 »«
62%
62%
58
-6
58%
59%
80%
58%
59%
—
^b^j
59%
56%
57%
56%
NO. 2 mixed In elev
WO. 2 white In elev
Afon,
Tues.
Wed
38
41
41%
44%
40%
40%
38%
40%
35%
38%
35%
Sept. delivery In elev
May delivery in elev
Thurs.
Fri.
40%
38
36%
40%
43%
35%
3^%
3'J
Rye has advanced, but business has been quiet,
has been dull and without important changes.
Following are the closing quotations:
FLOOR
Fine
Superfine
Extra, No. 2..
Extra, No. 1
Clears
8traights
Patent, sprint?.
$2 15
2 40
2 50
2 70
2 90
...
35
3 90
3
«2
©2
»2
92
25
45
60
85
9?, 30
fl>3 70
94 45
1
Barley
Patent,
IK, printer....
.
*3 65
City mills, patent. 3 90
Rye flour.superfine
Buckwheat flonr..
Corn meal—
2
»3 90
©4 45
65 «3 45
n
Western, eto
Brandywlne
35%
37%
....
3 20
«3
3 00
..
25
llonr In saoks sells at prloes below those for barrels.
OR A TO.
(Wheat
Wheat, per busn.—
Hard Duluth, No.l
N'thern DuL, No.l
Red winter, No. 2
Hard N. Y. No. 2.
Oats—Mlx'd.p. bush.
0.
e.
©86%
76%»78%
76%»7H%
85
76%3>78
40 ©42
42%«45
White
No. 2 mixed
Corn, per bush.—
o
Western mixed
No. 2 mixed
Western yellow
Western white
56%©583i
©58%
58%»60%
60%*62%
57
Rye, per bosh-
Western
57%u>59
State and Jersey
57 »59%
No. 2 white
43 ©44%
Barley— Western
.62 ©65
Feeding
©
Government Weekly Grain Report. Mr. Jame* Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the telegraphic reports on
the grain crops in the various States, for the week ending
July 22, as follows:
Weather.— Intense heat has prevailed another week throughout
the States of the central valleys and middle Rooky Mountain region,
with only local showers over limited scattered areas.
Maximum
temperatures of 100 degrees or above were of daily occurrence over
more or less of the territory named. Under these oondliions the
drought has been greatly intensified and its area largely increased.
Missouri, Kansas and Oklahoma, and portions of Nebraska have suffered most, but the conditions are now critloal from the Lake region,
central Ohio Valley, and Tennessee, westward to the middle Rooky
Mountain region, including the greater part of Texas. Portions of the
Middle and South Atlantic States continue to sutler from exoeselve
moisture, but very favorable temperatures have been experienced in
these districts and also on the Pacific coast, where the week was
40%t>41%
—
cooler than usual.
Corn —The outlook for corn is less favorable than at the close of
the previous week. In Nebraska. Kansas, Oklahoma, and Missouri
early corn is practically ruined. With early and abundant rains in
these States late corn would probably make half a crop or less. The
condition of the orop in Iowa is more favorable than in the before mentioned States, and oopious rains, with moderate temperatures,
within a week, wouid greatly improve prospeots for a large part of
the orop. In Illinois, Indiana, Ohio, Kentucky, and Tennessee, more
particularly the western portions of the two last-named States, corn
is now seri' usly
need of rain. In Illinois the crop has not yet sustained great damage, but will be materially reduced unless the
drought is relieved within a week. In the Middle Atlantic States the
conditions have been highly favorable for corn, and its condition is
further improved
Winter Wheat.— Moisture has caused considerable Injury to waiter
wheat in shook in the Middle Atlantic States. Harvesting oontinues,
where unfinished, In the more northerly seotions east of the Rocky
Mountains and is in general progress on the North Pacific ooast.
Spring Wheat.— Spring-wheat harvest has begun over the southern
portion of the spring-wiieat region, where, as a result ol premature
ripening, the yield and quality is much impaired. Over the northern
portion, where the orop is now ripening. Its oondltion oontinues
promising.
Oats. -Harvested oats have suffered some injury in shook from
moisture in the Middle Atlantic 8tates and the un'hafvested orop from
premature ripening in the Northwest, while rust has caused injury in
New York and Pennsylvania. Good yields are reported from the
upper Ohio Valley.
m
Hay.— Haying is mostly finished and a fine crop has been secured in
North Dakota, Minnesota, the Lake Region, Ohio Valley, portions of
the Middle Atlantic States and New England.
The movement of breadstuff s to market as indicated in the
statements below is 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 20,
ind since Aug. 1, for each of the last three years have been:
rrs^tf m
—
flour.
H'A«ai.
BwrU*
uaii.
corrv.
8blf.lB6l*>3 fltt»h.6i ;&» Bitih.bfilb: Eiis/».."2it>
170,613
67.900
D'eago...
,itwauke»
cloth
126,000
1.984,724
88,500
P8.500
9?,947l
297
8«,200
21,689
8,096]
09,5"O'
1.099
2,681
252.^3o]
85,810
222,674
iairoit
8.5C0
109.272
41,767
:!«veland
it.
Lonli
.
....
'aorta
IjSh.teiH
1.691,129
lUnneapo!!*.
Toledo...
89.700
968.538
28.eoo
46,950
2.250
146,650,
3.870
7,500
47,658,
3.500
8.038
66,400
!
829
113.896'
41.715
1,533,547'
94,798
310,400
66.282J
62,54 a
309,24 i
11,775
50.400
267,00c|
133,900
1,203.600
3*1.750:
82.800
Umaa CUT
5.633
!
19.119
MOO
3,500
75.570
"92,020
i
r o t.wk.l901
""T2S 813
6,34?,P8e|
S.437,012
«mewk.'00.
402,619
4.S04.821.
4,488,480
1,875,895
2.045,615
102,919
74.624
asiMWk.W.
375,685
6,005,468
4.996.028J
2,702.252
151.324
69.680
19,797,818 22S,8C8,890 201.422,110 165.494. 147
20.804,700 215,06 1.2>*l!22S.2i»S,462il68,184,795
15.175,*3rt 2-*1.805.87l|221.O 'M2.' 173.lo5.58T
31,031.181
59%
Unci Auo.
1900-180L....
1899-1900
1898-1899
57
NEW YORK.
Sat.
43
44
44
DAILY CLOSING PRIOEB OF NO 2 MIXED OATS IN CHICAGO.
Mon.
Sat.
Tues.
Wed. TKurs.
Fri.
3S%
July delivery In elev
84%
37%
35%
36
35%
59 7s
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
Hon.
Sat.
Tues.
Wed.
iri.
Tkurs.
53%
57%
53%
5t%
55%
July deUvery In elev
54%
59%
55%
55%
r>6
56%
Sept. delivery in elev
56
Dec. delivery In elev
IVol. LXXI1I
1
1
4,320,330
41,218.091 6,069,129
25,503.530 10,628.357
The receipts of flour and grain at the seaboard ports
week ended July 20, 1901, follow:
the
for
July
THF 'HHONK1K
27, 1901.
/
Corn
Punt.
itir
J\.«'i.
Rmivti «t—
Mew York
117
l.lSfl
4J.8
HHO
..
7.1'
M.ioa
PhllHrtelihlH
Bait
Blot
ii»l»».»n
ii
<6>-iri
«V!.(115
..
706 01U
Hsw OrleHtu*.
"•w»r>r> Nt»wt
Norfolk.
IH.O
6.1*560
.
Portland. Me...
lO.OuO
48
8,1
704,4flU
1.176.SM
l.ttoMbU
3«f,P2a
Wee*
Total
at ports from Jau
follows for four years:
1,10
I
.
4HH,.'U
I
July
',o
mi worai
W
ooinp»
11
•
•»
>
1.654
>•"
67,4:
,091
,
4r.000
66
Total eeek
HU.6M
170,002
27H66
Ui.ti.td
6i,455
909,4t'6
rt8«12
636,0
68, '15
1077.331
16,(1
Set
19
week and
since
,
July 20.
llM'O.
1900
S«»i.
July 20
bUSll.
80
1
& C. Ainer
West lnd.ei.
Br. N.Am
j.
248,021
2.3 IS. 18*
81
ot
3.
a
..
30 vr.
r-H 1.786
07,958.684
45.0t3 808 1.07
86,969
74.
38
80
33
35,513
4,482
04
00
50
-08
1,034
•J
307
6,194
New York
export
against $9,728,485 in 1900.
There has been no change in the price of cotlon goods in
any direction. Heavy brown sheetings and drills have been
b jugtir, in limited quantities by tbe home trade and practineglected bv exporters, but small stocks keep prices
Tne well-sold condition cf the marker ih also a upfirm.
onport to the prices of bleached cottons, in which b
tinues conservative. There has been only a light demand for
Docks are
8 sheetings and cotton flannels and blankets.
unchanged. la coarse, colored cottons stocks of denims, ticks
plaids are light, and, although the current
reBusiness in printer
ared, prices are steady.
i-
1,047,093
6 675
of the
The value
140.
,-
1
«lrt
Other oon
•
.een |6,427 323 In 1901,
'
1
-
391
4,951
5,353
1H,«^«
Btnu
20
United Kingdcna 183 206
ll
.......
8,304
21,605
3.3U6
341.351
riour.-
Jvh
\innrloa
.mntri^e
1
:
•
2.473
28,697
"iflti
3,536
5,55.">
07,067
490OO
874.025
ss-vooo
79
12,335
1,04a
34.376
r.,iv;
1 880
14..M14
1
otirt fifif
......
3
14 tOi
7/47
Beeorff/OT
..
398
17
80
931
21
The destination ot these exports for the
Sept. 1, 1900, is as below
*»<k
a.
iOl
6,409
47,
31 108
345,01
,
17
.---
.
17,143
54,661
3.672,397 1
918.735 3.95s97:>
Same
Other European
87.834
18.839
0.618
'/2H.41W
8\nte
Week.
1.
987
(>00
87*64-1
QaWur
Week. Since Jan.
15.8B0
80 931
in
Yobk to July
6JBW
bmh.
tuiA
bblr
91.1109
854. "87
6k 6 091
the
r
1901
816*14348
" ai4.727,;.U)
Tntul yruiu
port* for the week
seaboard
several
the
The exports from
ending Jnly 30, 1901 are shown in the annexed statement
Btrtn
Oalt
Plour.
Uorn.
Wntal
Boitoo.
Portland. Me
Philadelphia
Saltlsore
•aw Orleaui.
Norfolk
Newn'rl Newt
Montreal
ods
01
eiek
•
BQS,475,OflO
Ampont
Hew York
I
rne exports
UrOODS.
port
his
1,6*1,718
V.l.
/ref*
'1
7,804
•.'.U-4.HH7
"
.
10H.MI.
87.1 S
"
11
ending
pac6a;,'eB, valued at 1210,090, their destination
tp specified in the tables below
4W.104
bash.
.
itoii
DoMKtmc Cotton
80
1
Wheat..
nt in il'-mand.
tunels or blanketd.
1
•
11,03
ll.w *.»18
bbl3.
KK,»i
liarlcv
al
i6.?84
Bottou
MoiUren
Corn..
has
)
'
1,840
4
3,572,3i*7 103.614
Tom
716,210
grain, coinpr
The visible supply
a
~tl points of accumulation
granarv
seaboard porta, July 20, 1901, was aa foil
of
different onlv, but prices are steady.
Fin'
f.i' lies have sold fairly for
next ppriDg.
firm with a quick demand. Print cloths h
mi u another inactive week, but are unchanged
for regulars.
i
I
Jr.
•tew y
Boetc
Phllaaeipr.w
t.
Beltii..
New
Orieant"
fljiif
<
0000
818
Modi
Toror;
26.
>.
29U
BaSii
Do
474
8<!,000
afloat
*do
614.000
l8S,'6'>i'
DO
on the
.
14.000
afloat
Dstre
2.000
i
3.00'
Foreign Dry Goods.— A fair amount of business has
•rted in tbe market for fine grades of woolen and dr
Piece silks also have been in fair reIs at ready prices.
quest, with a moderate bueinees in ribbons. Linens continue
Burlaps are quiet and easy.
tirui but dull.
Importations and Warehouse Withdrawals 0/ Dry Gootla
i
A
*
n
3
.••
0fel4W(
Do
anV'1
6.618
1,26!
477
25!'
1-1
'9.000
16,0(
»
9
»—
-^ •—
d
rt,Wiirm*Pt,Ajxhnr
Jnltur
1.01J.OOU
...
Do
1,010,000
8 221.
St i.oaii.
Do
.
23.000
19J.0U0
l.mm
afloat.
"88
asnuaiCli:
Peor
780
'
Total
Tota.
Total
Total
«
July
July
July
July
July
New
914C00
rlrei
20, 1901..
3
21
~2
.3
•
7to.bco
43,0u0
(JOU
87.87*'
46,031 000
3.0-0 0t0
Orleans, last week's stock
13,248.000
14.007.0UU
18 5*6, 000
13 370.000
18 67
;
19
•"*..
215.000
888.000
l0K)
9,000
77,000
6,341.000
7,42t,O«i0
6.42S.0U0
4.r97.0O0
20,000
433,000
617.UD0
341' )0C
69fl.0OO
614
000
481.000
till
4,27 J
demand has been
of indifferent proportions only.
Buyers have purchased sparingly for current consumption
and have paid little attention to provisions for forward requirements. This continued inactivity would, as a rule,
mean a weaker market, but just now it makes no impression
upon prices, sellers in nearly all instances being so well situated that tney are able to stand a dull spell witnout weakening. Stocks in first hands continue light, deliveries on orders in hand taking care of the bulk of current production.
In the woolen goods division the new prices made by the
good
American Woolen Company are regarded as low.
business has teen done on the new basis and advances on
certain lines in the near future are not unlikely.
A
Woolen Goods.— The American Woolen Company opened
spring lines of woolen and worsteds in piece dj es for men's
prices ranging
from
*-
to
KJ
5 to
1
per cent lower than quoted a year ago. Its fancy woolens
were opened yesterday also at low prices in the opinion of
the trade, although comparison with a year ago is impractic-
tOC5
"cotO^CK*.
:
f
:
>
<
1
»!
:
j
3
:
:
e
•-»
5
•*
Ik
SO
OtO
*--0^>lO^
I.
— » CO ^
0< x> *. :tz 'X
05 CO ~J rJl ~J
IO
CD
H
^
00CO"COO5
OtO
~.
cotoai
x to
*
<1
to
vl
H
M
<- tO
CO
w
to
w
X
OtO
co"-1
(0
CO
coco
(-•
J<O0B*.
to-o
tow
Ui -J
M
x
I—
t->
f
to
m
05SXCOO
«*.ao
OS
3
coao-iOO
»005-r
-o
—
O
i,
w
M
0
^a
^
to
.—
this week's not received.
¥ork, Friday. P. M., July 26 1901.
It was generally expected that the dry goods market at
first hands would show an improvement in demand duriDg
the past week, but except in the case of men's-wear woolens
under special coi,ditiona, there has been disappointment. So
far as the cotton goods division of the market has been con
wear on Monday, naming
on
.-•
00(
New
its
»:
,
THE DRY GOODS TRADE.
cerned, the
5
5e
1,000
GnMltilselpplBlTer
OnLaket.
On annul and
*
.
9
9
8.000
.
17,000
_
*?"3
.
1
IndlaDapolli.
H
10.000
a 5T^°
»
31
ss
5
d"
8,
3.000
I
:
41
81
afloat
Minneapolis
10
»? ftR^tla
—
—&
'to
•
Mllwaotbe.
ifcvl00/j(0
1
<
:
to to co to
—
X
— *.
«-
M--Mi(^l-<
V
toco
c.a cooo
~4l
'X
—
to..-*
CO
i-CO
H
#-
CO
~4
CO TiOi
x
-n
io
OS
*-
t
IT.
CO
-10O
-1-J
*-co
OtO X
©to
0~3
too
CO 05 -J
-o to
CO <l
COCO
CO
*.
0-*
CO
h- Ii
0-1
X X CO
*•
CO
ce
rr.
*.t-
OX
q
M
»ito
CO*.
<1 CO
01 ^.
o< 0: 1- -j -jt
J.
—
^cctccoy
Ji
>
2
r-1-
c XW
f.
toco
O05MC0<I
tox
XOt
*.,->h.
i-iy>
hto
Vico
-.1
coco
CD
<J>-
to
*d
'0 to
T
C9
-1
V>to
50
31
-J~J
~JOS
M c. to CO to
»1~1COOOD
OC X M 05 tO
00
M
f>
V
-41--
05
coco
CO to
05
i^CO
ao>4
05*3
CO
OtO
OS *»
Si
10
00_-'OII3«~1
1» too,
—
»J 03
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X C» 31 O
CJIM
CCCO
-to to*, to
too*, co
w
p^s
coo
en
to
0)
coco
~-ite&
•-
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©*"-l 00
05
CO
ao-i
#-©
— tO 10 M
«]J^i.O
CO
CO
XW
c.
—
— l- 13 31
O-
^
r
a
® to 05 CO
y<
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-ai 05*.
co
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a
X A 03 10 C
—
c
r
ctfe
•7.
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«ui.
09
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§ i
THE CHRONICLE.
200
State and City Jjcmstwent,
Marion, for $22,400 5£ bonds.
and the interest
Mnrch 1 and September
1901,
When
NooJIJl*.
Bond Proposals and Negotiations
this
week have been as follows
Adams County, Ind.— Bond Sale.— An
I
March
1
Hepl
1
March
1
Sapt.
:
1
1
issue of $9,080 A%%
PeterBon Road bonds has been awarded to the Decatur National Bank at 103*315.
Following are the bids
Decatur Nat. Bank.
$0,381 Old Adims Co. Hunk
I9.270
1
:
I
Campbell, Wihl \
(').. liKllan'lls.
9,307
I
Interest on the above bonds will be payable May 15 and
15, and the principal will mature $227 each six
months from May 15, 19u2, to Nov. 15, 1921, inclusive.
Akron, Ohio. Bond Sales.— O a July 20 the Police Pen
sion Fund was awarded the $900 5% Fountain 8treet sewer
bonds at 101*444 and the Firemen's Pension Fund, the $1,500
5% Kolb Street improvement and the $2,000 5% Washington
Street sewer bonds, at 102*933 and 102*25, respectively. For
full description of bonds see Chronicle July 13, p. 95.
Alameda School District, Los Angeles County, Cal.—
Bona Sale.— On. July 8 an issue of $3,000 6% 1 5 -year (serial)
bonds was awarded to T. S. Devan at 103 1086. Securities
are in denomination of $600, dated July 20, 1901. Interest
will be payable annually at the office of the County Treasurer.
Albany County (P. O. Laramie), Wyo.— Bond Offering.—
Proposals will be received until 1 p. m., October 2, oy James
McGibbon, County Clerk, for $15,000 refunding bonds. Securities will be issued in denominations of $100, $500 and
$1,000, and will be dated Nov. 16, 1901.
Interest will be at a
rate not exceeding 4:%%, payable semi annually at the office
of the County Treasurer or at the Ninth National Bank, New
York City. Principal will mature in 20 years, subject to
call after 10 years,
certified check for $i,000 must accom-
November
A
pany
all bids.
Albion, 111.— Bond Sale.— On July 15 $300 of the $2,000 Q%
1-4 year (serial) bonds were purchased by Charles Smith of
Albion at 102*50. Bonds purchased were "those maturing in
four years.
for sale.
The remaining
$1,700 bonds
were re-advertised
Ashland County, Wis.— Bond Offering.— Proposals will be
received until 10 a. m August 10, by Theodore R. Yankee,
County Clerk, for $25,000 refunding bonds. Securities are
in denomination of $50. Interest (at a rate not exceeding 5$)
will be payable semi-annually at the First National Bank of
Milwaukee. Principal will mature $1,250 yearly.
Baker Citj, Ore.— Bond Sale.— On July 10 the $15,200 20year water bonds were awarded to Thompson, Tenney &
Crawford Co., Chicago, at 102*11. For description of bonds
,
(Vol. LXXI1I.
1
1
1
Man
Bept.
1.
March
I9UJ
I'.iOi
I,
nto'5
1908
1.
'i
1
19
i«u4
1
niOi
Sept. 1. 1H06
March 1. in 16
Sepl 1,1906
1.
1.
Securities are date! Ang. 1,
be payable semi annually on
Principal will mature as follows:
Amount-
Amount.
l>
i.
I,
will
1
$i7fj
20D
2 o
200
860
200
1
.March
j
Sept.
i,
1
M.irch
1
Sept.
1
March
1,
1.
100?..
..
190
\y B.
lbfj-...
$ibO
250
1.
2
1. I!*'!*
800
2i0
IU/I
H
Sirpt. J.
2. ><)
r
5
S«:pt
1, lWJ'.l
soi
1
Sept.
1,
1MOW
'i
3,0
10, OJ
MIX,
2
2iO
I
Total
»2?,40O
E'ther cash or a certified check on a Mirion County
for $100 must be deposited with the
each bilder.
Bank
Road Commissioners by
Cape Breton County, N. S.— Debenture Sale. — Oq July 16
the $70,000 4% court-house debentures were awarded to J. C.
Mcintosh, Halifax, at 99%. The other bids received were as
follows
Central Can. Loan & Sav. Co.... $68,605 Edwin J. H. Pauley, Halifax... 165,800
For description of securities see Chronicle July 13, p. 96.
Celiua, Ohio.— Bond Offering.— Proposals will be received
until 12 m., July 30, by Chas. R. Rohrer, Village Clerk, for
Securities are
$25,000 4% highway-improvement bonds.
issued under authoriry of Section 2835, Revised Statutes of
Ohio. They are in denomination of $50), dated June 20,
1901.
Interest will be payable semi-annually at the office of
the Village Treasurer. Principal will mature $2,500 yearly
on Jane 20 from 1923 to 1932, inclusive. Accrued interest
is to be paid by purchaser.
certificate of deposit or a
certified check for §200 will be required with bids.
Chemung County (P. O. Elmlra), N. Y.— Bond Offering.—
Proposals will be received until 2 p M., Aug. 1, by James D.
M'Cann, County Treasurer, for $29,715 4% coupon road bonds.
Five bonds are in denomination of $4,000 and one of $9,715,
all dated July 1, 1901.
Interest will be payable annually at
the office of the County Treasurer. Principal will matnre
$9,715 on Feb. 1, 1902, $4,000 on Feb. 1, 1907 and a like
amount on Feb. 1. 1908, $8,000 on Feb. 1, 1919, and the remaining $4,000 on Feb. 1, 1910. The successful bidder will
be required to deposit within three days after the award a
certified check tor $1,000 payable to "Chemung County
Treasurer." These b mds are issued under Chapter 115, Laws
of 1898 and Chapter 686, Laws of 1892
The total bonded
debt, including this issue, will be $63,715 and the assessed
valuation is $25,342,535.
Chipley, Fla. Bond Offering.— Proposals will be received
until 11 a. m., September 2, by Thos. J. Watts, Mayor, for
Securities are in
$10,000 b% coupon improvement bonds.
denomination of $1,000, dated Sept. 2, 1901. Interest will
be payable annually at the office of the Town Treasurer or
Principal will
at the First National Bank of Pensacola.
mature Sept. 2, 1921. Tne above will represent the total
indebtedness of the town. The real value of taxable propcertified check for 3% of
erty is estimated at $400,000.
bid, payable to the Mayor and the Board of Aldermen, must
:
I
A
June 15, p. 1199.
A
Ballard School District No. 50, King County, Wash.—
Bond Sale.— On July 15 the $8,000 20-year bonds were awarded to Arthur E. Bryan of Seattle at par for 4 per cents. Fol- accompany bids.
Cincinnati, Ohio —Bonds Enjoined.— Judge Rufus B.
lowing are the bids
Smith
has temporarily enjoined the Board of Public Service
Arthur E.Bryan. Seattle (4s).... 18,000 MacDonald, McCoy & Co. (5s). ..$8,342
from selling the $100,000 '6y% % re-pavement bonds advertised
Thompson, Tenney & Crawford
Wm. D. Perkins & Co., Seattle
Co. (4)*s)
8,115
<5s)
for sale on July 18.
New Eng. & N. W. Inv. Co. (4*^sl 8,000 Spokane & Eastern Tr. Co. (6s) 8.261
8,100
Clear Lake (Iowa) Independent School District.— Bond
Thompson, Tenney & Crawford
Morrison & Eshelnian (6s)..
8,101
Co. (6s)
8,430
Sale.— This district on June 21 sold an issue of $6,000 4%
For description of bonds see Chronicle June 29, p. 1292.
school-house bonds to C. H. McNider, President of the First
Beaumont, Texas.— Bond Offering —Proposals will'be re- National Bank of Mason City, at 101*086 and accrued interceived until 2 p. m., August 3, by D. P. Wheat, Mayor, or by est. Securities are in denomination of $500, dated June 1,
T. C. King, City Secretary, for $75,000 b% sewer and $40,000 1901. Interest will be payable semi-annually and the princi5% paving bonds. Securities are in denomination of $1,000, pal will mature in ten years, optional after five years. Sedated June 1, 1901. Interest will be payable semi-annually curities are issued under the authority of Section 2812, Code
at the office of the City Treasurer or at the National City of Iowa, and were authorized at the annual meeting of the
Bank, New York City. Principal will mature in 40 years, district held March 11, 1901, the vote being 237 to 47.
see Chronicle,
:
;
.
A cash deposit of $500 must Clinton, Mass.— Bond Offering.— Proposals will be received
accompany each bid.
until Sept. 16, 1901 by Chas. E. Shaw, Town Treasurer, for
Bird Island, Renville County, Minn.—Bond Offering.— $90,000 3%% gold refunding water bonds. Securities are isProposals will be received until 8 p. m., August 5, by the sued under an Act of the State Legislature approved June 7,
Village Council, for $3,500 5% sewer bonds. Securities were 1901, and known as Chapter 477. They are in denomination
voted at the election held June 29, 1901. They are in denom- of $1,000, dated Ojt. 1, 1901. Interest will be payable semisubject to call after 20 years.
ination of $500, dated Aug. 1, 1901. Interest will be payable
annually. Principal will mature Aug. 1, 1911. Frank Murray is Village Recorder.
annually at the First National Bank of Clinton. Principal
will mature $3,000 yearly on Oct. 1 from 1902 to 1931, incluThe papers relating to the issuance of these bonds have
sive.
Bloom Township, Seneca County, Ohio.— Bond Sale.—ho- been examined by Messrs. Story, Tnorndike
Palmer, of
cal reports state that an issue of $6 500 road bonds has been Boston, who give it as their opinion that the bonds are valid
sold to the Tiffin Savings Bank of Tiffin at 103*846.
obligations of the town of Clinton.
Brigham (Utah) School District No. 4.—Bond Sale.— On
Cohoes, N. Y.—B.nd Offering.— Miller Hay, City ChamberJuly 15 the $8,000 l0-vear gold bonds were awarded to Trow- lain, will sell at public auction at 12 M., August 7, $30,916 01
bridge & Niver Co., Chicago, at 100 163 for 4%% bonds. The 3%% improvement bonds. Securities are issued under the
other bids received, all of which were for 5% bonds, are as authority of Chapter 227, Laws of 1898. They are dated
follows
Aug. 1, 1901. Interest will be payable semi-annually on JanTrowbridge & Niver Co.. Chl.*$8,259 00 MacDonald.McCoy & Co.,Chi.*$8,l71 00 uary 1 and July 1 at the Central Trust Co., New York City.
Thompson, Tenney & CrawBank of Brigtaani Cuy
8,009 00
Principal will mature$10,916 01 on Jan. 1, 1923; $10,000 on
*8,215 00 State Board of Land Comtnis. 8,000 00
lora Co., Chicago
Jan. 1, 1924, and a like amount on Jan. 1, 1925.
* And Wank bonds.
Columbas, Ohio.— Bond Election.— An election will be held
For description of bonds see Chronicle July 13, p. 95.
August 3 to vote on the question of issuing $2,250,000 bonds
Bristol, Va.— Bond Offering.—Proposals will be received for sewer improvements and $300,000 bonds for a municipal
until August 12 by the Finance Committee H. E. Jones, lighting plant.
Chairman— for $10,000 5% 20 30-year (optional) street-improveCooper Township, Stafford County, Kan.— Bond Sale.—
ment bonds. Securities are dated August 15, 1901, and the Refunding bonds to the amount of $16,090 bearing 4}4<6 interinterest will be payable semi-annually on January 1 and est have been sold to L. A. Bigger of Hutchison at par.
SeJuly 1. A certified check for $500 will be reauired with bids. curities are in denomination of $500, dated Aug. 1, 1901.
Canaan Free Turnpike, Pleasant and Richland Town- Principal will mature in 30 years, subject to call $500 each
ships, Marion County, Ohio.— Bond Offering.— Proposals alternate year, beginning Aug. 1, 1905.
will be received until 2 p. M., August 7, by the CommissionCordele, Ga.—Bond Sale.— On Jaly 1 this city sold an
ers of Canaan Pike at the office of the County Surveyor in is me of $7,000 6# 30-year public-improvement bonds to Roby
&
—
July
THE CHRONICLE.
27, 1901.]
Robineon, Atlanta, at 102-143. Stcorities are in dtnomina
tion ot $1,000, and the interest will be payable semi-annually.
Crookston (Minn.) Independent School District No. 1.—
Bond Sule.—ThU district has sold at par to the Sinking
Fnnd Commissioners of the City of Crookston an issue ot
$5,(00
4}^
bonds.
Denver, Colo. Bond Sale.— Following are the bidfl received July 11 for the local improvement district bonds advertised for sale on that day
:
$6,000
Sidewalk Dirt.
No. 10.
International Trust
$6.C00
$2,500
Colfax Avt, Grad. DUt.
No.l.
Diat.JTo.8i
Co
t
a Young
Bellan, Frke A LO
$5,026 00
6,016 00
PuImI.-i
85,017 85
*1 00
8,68760
SJ.600
For description of bonds see Chronicle July
f^.OOO
Ool)
DUt. No.
2.
18.04000
76
•.•,'17
75
6, p. 45.
Donaldsonville, La.— Note Renewed.— Mayor Kline has
renewed a note of the town of $3,( 80 55 for six months.
Douglas Township, Stafford County, Kan.— fiond Sale.—
This towuBhip has sold to L, A. Bigger of Hutchison an
issue of $7,500 4}.+% refunding bonds at par. Securities are
Principal will
in denomination of $5C0, dated Aug. 1, 1901.
mature Aug. 1, 1926, subject to call after Aug. 1, 1903.
Dublin (Texas) School District.— Bids Rejected— Bond
Offering.— All bids received July 15 for the $17,t00 5% 10 20year (optional) school bonds were rejected, the best offer
btririg a premium of $550. We are advised that the bonds are
again offered for sale, the price required being 105 and accrued interest. For description of securities see Chronicle
July 6, p. 45.
East Grand Forks, Minn.— Bond Sale Enjoined.— We are
advised that a temporary injunction prevtnted the sale of
the $15,000 4%% 20-year water bonds advertised to take place
July 20, 1901.
El Campo (Texas) School District.— Bond Sale.—This district has sold to tbe Permanent School Fund of Wharton
Conntv an issue of $7,500 4%% school bonds.
Elyria, Ohio.— Bond Sale.- On July 23 the $150,000 4%
8-22 j ear (serial) coupon water bonds were awarded to the
New First National Bank, Columbus, at 104 32. For descripption of bonds see Chkonicle July 13, p. 96.
Everett, Mass.— Note Sale.— This city has sold $4,200 4% 1-7year (serial) school notes to Rogers, Newman
Tolman, Bos
ton, at 102-43.
Notes are in denomination of §600 and are
dated July 15, 1901.
Florence, Ala.— Bond Offering.—This city, it is stated, is
advertising for sale an issue of $20,000 5% 20 year sewer
bonds.
Geary County, Kan. Bond Sale. This county has awarded an issue of $58,000 4}i% refunding bonds to L. A. Bigger,
Hutchison, at par. Securities are in denomination of §1,000,
dated August 1, 1901. Principal will mature August 1, 1931,
Bubject to call $4,000 yearly after July 1, 1904.
Goldxboro, N.
Bond Sale.— This city on July 4 sold an
issue of $10,000 5% 12- year refunding bonds to the Bank of
Wayne, Goldsboro, at 100-50.
Grant Township, Newton County, Ind.— Bond Offering.—
Proposals will be received until 1 p. m., August 6, by Frank
M. Coovert, County Treasurer (P. O. Kentland), for $41,881 60
4%$ road bonds of this township. Securities are in denomination of $1,C47 04, dated Aug. 1, 1901. Interest will be payable semi-annually at the Discount & Deposit Bank. Kentland. Principal will mature one bond each six months from
May 15, 1902, to Nov. 15, 1921, inclusive.
certified check
for the amount of bid must accompany proposals.
Haverhill, Rant.— Bond Sale— On July 23 the $35,000 %%%
coupon bonds maturing April 1, 1911, were awarded to
Adams Co., Boston, at 102-31 and accrued interest. Following are the bids
Adams A Co.. Boston
102*31
Estabrook A Co.. Boston
102-067
S. A. Kean, Chicago
102-25
Jose, Parker & Co., Boston
102013
t y * Co., Boston
102-189 Blodget. Merritt&Co., Boston.. H 2 08
Jr
r.;
J?
N. W. Hams & Co.. New York.. 102-075 Blake Bros. & Co.. Boston
10P77
&
—
C—
A
&
I
20]
>'. Dak.— Bond Offering.— I' ropoBhla will
be
sired until 8 i-. m., Aogtut 5, by (*-<> C. Eager, City AudSecurities will r>
itor, for $4,000 refundiijg bonds.
Purchasers will be required to furnihh blank
int. 1,1901.
bond*.
Jet more, Hodgeman County, Kan.— Bond Sale.—Thv
School Fond Commissioners have purchased $1,000 5* refunding bonds of this place-.
Jones ( ouuty, Tex&e.—Bond Sale,— This county has sold
an issue of $7,0C0 4% 5 30-year (optional) road and bri
irities are in denomination of f
Lakewood Special School District, Cujuhoga County,
Ohio.— Bond Sule. On July 18 $15,000 4:,' 1-15 year (terul)
bonds were awarded to tho Laiuprecht Bros. Co., Cleveland,
Following are
at 101 '833— an interest basis of about 3-733£.
the bids
Jamestown,
—
:
Dentson. Prior & Co.. Cleve. |l6.n&0 00
P. S. Brings A Co.. Clnciu.. .. 15.000 00
.am urncht Bros. Co.. Cleve. .$16,275 00
W. H r.,1.1 \<>>. Cincinnati. 16.305 00
NowlslNat.Bauk.Columbus. 15.167 00
I
Securities are in denomination of $1,000, dated Oct. 1, 1901.
Interest will be payable semiannually at the American
Trust Co. of Cleveland.
Lestershire (N. Y.) School District No. 5.— Bond Sale.—
On July 23 $10,000 school bonds were awarded to Isaac W.
Sherrill, Poughkeepsie, who bid on a d}4% bond.
Lewes, Del.— Bond Sale.— On July 23 the $50,C00 4% 20-40vear (optional) coupon water bonds were awarded to the
Farmers' Bank of Georgetown at 1C3. The other bidders
were S. A. Kean of Chicago and J. A. Hopkins of Milton,
Del. For description of bonds see Chronicle July 18, p. 97.
—
Lincoln Township, Stafford Connty, Kan.— Bond Sale.
L. A. Bigger of Hutchison has purchased at par an istue of
$7,500 4}4% refunding bonds. Securities are in denomination
Principal will mature in 35
of $500, dated Aug. 1, 1901.
years, subject to call after Aug. 1, 1903.
Lower Merion School District, Montgomery County,
Pa.— Bond Sale.— On July 23 the $50,000 % l 2 % 15 30- year
Trust
(optional) bonds were awarded to the Merion Title
Co. of Ardmore on a 3*20£ basis. For description of bonds
see Chronicle July 13, p, 98.
/
&
Lowry, Pope County, Minn.— Bond Sale.—On July 20 the
and jail bonds were awarded to
Crawford Livingston, St. Paul,; at 101'044, Following are
$3,400 5# 20 year town-hall
the bids
:
Crawford LlviDKston,St.Paul.$3,435 60
Kane &
Co..
Minneapolis
3,426 60
I
S.
A. Kean, Chicago
$3,875 00
I
For description of bonds see Chronicle July
6, p, 46.
Mansfield, Ohio.— Bond Offering.— Proposals will be received until 10 a. M., August 7, by F. M. Remy, City Clerk,
for $52,500 bonds as follows
:
$H5,000 ii 11-20-year (serial) sanitary construction bonds. Securities are la
denomination of $500, and the interest will be payable semi-annually.
12,400 6* 1-6- year (serial) East Fourth Street assessment bonds. Interest wiU
be payable annually.
2,400 6* 1-6-year (serial)
Weldon Avenue assessment bonds.
Interest will
be payable annually.
500 65C
400 6*
i(0 6J
150 5*
160 5%
1,100 b%
1-year Park Avenue West repair bonds.
1-year Marion Avenue repair bonds.
1-year West Third Street repair bonds.
1-year Mulberry Street repair bond?.
1 year Mulberry Street repair bonds.
1-3-year (serial) Marion Avenue sewer assessment bonds.
A
Securities are all dated Aug. 7, 1901.
certified check for
10£ of the bonds bid for, drawn on one of the local banks in
favor of F. M. Remy, City Clerk, must acoompany proposals,
which are to be made on forms furnished by the City Clerk.
Martinsburg, W. \a.-Bond Sale.- On July 18 the $76,000
'&Y%% 20-33- year (optional) refunding bonds were awarded to
S. A. Kean, Chicago, at 101.
For description of bonds see
Chronicle July 6, p. 47.
Maryland.— Bond Sale.— On July 23 the $200,000 3t State
Building and improvement bonds were purchased by the
State Sinking Fund. The other bids received are as follows
:
I
Sperry. Jones
|
For description
S.
&
Co., Baltimore. 102-97
A. Kean, Chicago
10000
I
|
Nat.
Bank
of
Fredericksburg
10P333
(for $10,000)
bonds see Chronicle July 20, p. 150.
llazleton (Pa.) School District.—Bond Sale.— This dia
trict has sold an usue of $30,000 4% school bonds to W. J.
Hayes & Sons, Cleveland, at 105876. Following are the bids
For description of bonds see Chronicle June 29, p. 1294.
Medina County, Texas.— Bonds Defeated.— At the election
held July 16 the question of issuing $30,000 bridge bonds was
received for the entire amount
W.J.Hayes & Sons, Cleve. 831,783 CO
Mercer County (P. O. Celina), Ohio.— Bond Offering.—
The County Commissioners will sell at public outcry at 1
of
8. A. Kean, Chicago
$31,898 00
pentson. Prior 4 Co.. Cleve.. 31.681 00 Lamprecnt Bros. Co.. Cleve.. 30.20100
Jose, Parker & Co., Boston.. 31,406 001 Hazleton National Bank
i0,30o 00
R. Kleybolte <S Co., N. Y
31,047 00
I
voted upon and defeated,
|
|
lied rick, Iowa.— Bond Sale.— An issue of $5,000 4)4% gas
bonds has been sold to Geo. M. Bechtel of Davenport. Se-
mature in 20 years, subject to call $500 yearly for
and $2,500 after five years.
Hopedale, Mass.— otes to be Issued.—This town has au-
curities
five years
thorized the issuance of $30,000 1-3-jear (serial) gold notes.
advised that the securities will probably be taken
We are
locally,
Huron, Ohio. Bond Offering.— Proposals will be received
until 12 m.. August 12, by H. G. Morse, Village Clerk, for
$5,000 4? refunding bonds, maturing $1,000 yearly on Aug. 1
from 1914 to 1918, inclusive also lor $3,000 4% additioral
electric-light plant bonds, maturing $1,000 yearly on Aug. 1
from 1911 to 913, inclusive. All the above bonds are in denomination of $1,(00. dated Auk. 1,1901. Interest will be
;
]
payable semi-annually at the office of the Village Treasurer.
A certified check for |5C0 must accompanv prcpoeals.
Iola City, Allen County, Kan.— Bond Sale.— This city has
issuer! at par to L. A. B gger of Hutchison $26,000
4J4« refunding bonds. Securities are in denomination of $1,000,
dated August 1, 1901. Principal will mature August 1, 1931,
optional after
August
1,
1906.
p.
M.
August 10 $23,0C0 4% Linn and Alt road-improvement
Securities are in denomination of $5C0, dated July 1,
bonds.
1901.
Interest will be payable semi-annually at the office of
the County Treasurer. Principal will mature part each six
months as follows $1,0C0 each six months from Jan. 1, 1902,
to Jan. 1, 1907, inclusive; $1,500 on July 1 and $1,000 on Jannary 1 in each year from July 1, 1907, to July 1, 1910, inclusive, and $1,500 on Jan. 1, 1911, and a like amount on
July 1, 1911. Successful bidder is to furnish blank bonds.
:
Mesopotamia, Ohio.— Bonds Refused.— This township on
July 6 awarded an issue of $6,000 bonds to Sea&ongcud &
Mayer, Cincinnati. We are advised, however, thHt the Cincinnati house has refused to take the same and that the istue
will probably be le-advertised for sale.
Minnesota.— School Fund Loans. -The St. Paul "Pioneer
Press " r* ports that the State Investment Coin mis.-ion has
authorized the following loans for school purposes St. Louis
County— District No. 27, $10,000. Crow Wing— Districts No.
68, $500; No. 31, $350. Morrison— No, 2, $400; No. 14, $1,(00.
Todd County- No. 133, $600. Redwood— No. 103, Clay Coutty— No. 1C4. $700: No. 105, $400. Aitkin County—
No. 42, $300. Benton County— No, 46, $500. Chisago-No. 17,
$300.
Meeker County— No. 70. $1,000. Mille Lacs CountyNo. 14, $225; No. 25, $1,000. Morrkon— No. 84, $1,100. Yel:
THE CHRONICLE.
202
low Bl.dicine— No.
No.
$2,750;
15,
!'2,
$800.
Stearin— No.
fVoi..
rk of the
Board of
E'lncati-.u. for $8,000 4% 10-20re in denomination
0.
Milwaukee, Win.— Bond 8alr.—0n July 22 the $:>
were awarded
Hre-departmenl
(
i
Chicago, at 102 201 and
.
•
!
retail
Ii
(.00
Of
tfa
tied to
R<
v
' -
New
V«i
.
—
II
Bui ton
I
..
ing
For description of
of
d
n(
stock
pri >t to Jan. 1, 1898,
Jviws of 1889.
The
1929, and is optional ai
I
under
I0V78
siock
101-405
Nov.
K)i
10
i
Chic.
bonds feee
ii
91,
for the Sale of Bonds.—Bird
I P It.,
.
<
10
101
I
i
"'
An
Fund
i
'Hi.
For Both
tr,oi<
|60,i
a* the First
the issuance
3992 •
r
8. Color, City
N. \v
VV.J.
annually
I
Nat
llowing are
101-8
at
.
of $100.
i.xxiii,
Chronicle July
I
ea
r
Nov.
1,
1, II
Northampton, Mass.— Bond Offering — Proposals will be
.m..
10 a
August 1, by George W. Clark,
page
20,
-
150.
receiv-'t until
Minn.— Bond Offering Postponed
received until 8 p M., August 1, by the
Common Council, at the office of .1. H. Deveoney, for $10 O'O
r
20-year gold water-works bonds. Securities are in denomination of $500. Interest will be payable semi annually at
the First National Bnnk, St. Paul. A certified check for
$500 must accompany proposals. Bonds were voted at the
election held June 10. These bonds were originally advertised for sale on July 18, but the time has been extended to
Aupuft 1, as above. C. B. Burpee is Village Recorder.
Newbnrgh, N. Y.— Bond Offering.— Proposals will be received until 2 p, m., Auguet 5, by Jonathan D. Wilson,
Mayor, for $15,000 Z\^% refunding water bonds. Securities
are registered bonds, "dated Sept. 1, 1901. Interest will be
payable semi-annually at the office of the City Treasurer.
Principal will mature $750 yearly on September 1 from 1902
Treasurer, for $200,000 3^2 gold addrioral watersupply bo* ds. Securities are ia denomination of $1,00<>, dated
July 1,1901. Interest will be payable semi- an mi ally at the
Northampton National Bank, NorthRmpton. Principal will
mature |3,000 yearly on July 1 from 1902 to 1926, inclusive.
ied interest is to be paid by purchaser.
Ohio Univerhity.— Correction.— In the Chronicle last
week, under the caption of Ohio State University, we stated
tbat proposals would be received until August 28 for $10,000
5% certificates of indebtedness. It is proper to fay, however,
that this offering is by th« Ohio University, located at Athens
and not the Ohio Stote University, which is located in Columbus. A correspondent writes us that the Ohio State
University is the recognized State institution, supported by
the State of Ohio. The Ohio University of Athens depends
upon its endowments, personal bequests and upon an occasional appropriation from the State Legislature.
Morris, Stevens County,
— Proposals will be
>
'
to 1921, inclusive.
C—
Bond Sale.— Oa July 22 the
New Hanover County, N.
$50,000 ii 25-year road-improvement bonds were awarded to
W. J. Hayes Sons, Cleveland, at par. Bids were also made
for the bonds by Rudolph Kleybolte
Co., Feder, Holzman
Co. and Seasongcod
Mayer, all of Cincinnati. For description of bonds see Chronicle July 6. p. 47.
&
&
&
&
Newtown Special School District No. 11, Anderson
Tow n« hip, Hamilton County, Ohio.— Bond Offering.— Proposals will b received until 8 P. M August 5, by Charles H.
.,
INVESTMENTS.
§25,0»0 Ouray County, Colorado,
4s.
Due May 1,19X1.
Optional May 1,1011. Denomination $i 00 Coupon.
In Koirl products Ouray County ranks fifth in the
Stale, 'l'lie total output of sold tor 1900 was $1,437.808. It is estimated that theoutpui this year will be
Dated Miiy
1,
1901.
N.
*2. 250,00".
served by the Denver & Kio Grande
Railrur.d, and the City of Ouray, the county seat, is
one of its e
tern terminals.
The City of Ouray is the distributing point for a
large section of country, and the supplying ot the
mines and cattle ranches makes it a center of considerable importance.
The County
is
Price to Net 5 Per Cent.
E.
D SHEPARD &
BA
NEW YORK.
INVESTMENTS.
OENISON, PRIOR & CO.
DEALERS IN
BOSTON.
In Municipal
Railroad and other bonds adapted
lor trust funds and savings.
ISSVE TRAVELERS' LETTERS OF CREDIT
A VAILABLE IN ALL PARTS OF THE WORLD.
Quotations furnished ferpurcbase. sale or exchange.
CO.,
Grade
High
SEND FOR
§
Bonds.
LISTS.
Exchange Place, Boston.
131 Euclid Avenue, Cleveland.
MUNICIPAL
New York.
St.,
—
NKKKM.
3t NASSAU ST..
CHICAGO.
Deal exclusively
BANKERS,
31 IVasKau
Old Tow n, Me.— Bond Sale.—Tyler, Fogg & Co., Bangor,
have purchased an issue of $10,00t) Zy% % 20-year refunding
bonds at 105. Securities are dated Aug. 1, 1901.
Orange, N. J. Bond Offering.— Proposals will be received
until 8pm., August 19, by the Finance Committee, for
$90 000 water bo'ids. Interest on these bonds as authorized
by ordinance will be at a rate not exceediug 4$, payable
gemi-anutnlly
Principal will mature $15,000 yearly on
August 1 from 1924 to 1929. in< lu-ivr.
INVESTMENTS.
W. HARRIS & CO.,
,
over
,
AND
Service
Public
Corporation
BANKERS,
BONDS.
SEND KOR LIST
August Investments.
E. H.
FARSON, LEACH &
CO.,
NEW YORK.
CHICAGO.
JVferritt
&
Co.,
BANKERS,
and
Offer
CITYOFHAWTFORD.CONN.,
30
YEAR SCHOOL
&
Niver
Bank
MUNICIPAL
&
115 Dearborn
Co.,
MUNICIPAL
AND CURP0RATIUN
BONDS.
H'ld'ff.
171
La
Salle Street, Chicago.
SAVINGS BANKS and TRUST FUND*
NEW
YORK,
PHILA.,
-
JONES &
CO.,
NA88AD STREET.
-
X
-
112 80.
MUNICIPAL BONDS.
E. C.
BONDS A SPECIALTY,
C.
FODRTH
St.,
CHICAGO.
Send for our Investment Circulars.
K
R.
ST.
121
STANWOOD &
Co..
BANKERS,
Devonshire Street
BOSTON.
FULTON & CO.,
Municipal Bonds,
171
FOR
EDW.
BONDS
and
Co.,
Investment Securities
h%
Railway and Gas Companies.
ON APPLICATION.
L.IST
DUKE M. FARSON &CO.
MacDonald, McCoy
CH1CAQO,
Isr Nmloiiiil
BONDS*
CORPORATION
Congress Street, Boston.
Netting from 3% to 6£ always on hand.
15 Wall Street. New York.
STATE, CITY & RAILROAD BONOS.
DIST. 3^8.
Price upon application.
Trowbridge
__.._-
16
$60,000
St.
Choice Issues.
Street
Blodget,
We Own
MUNICIPAL
RAILROAD
CORPORATION
San Francisco.
Denver.
«0 Devonshire
Monadnock Building,
BOSTON.
BOND:-:.
BOSTON,
CHICAGO,
ROLLINS & SONS,
MUNICIPAL, RAILROAD AND CORPORATION
MASON, LEWIS & CO.
la
salle street.
CHICAGOATTRACTIVE BONDS
Yielding from 3 to
V>%
net.
TERMONT BONDS A SPECIALTY.
B. IMIWBLl- & CO.,
HARRY
Woodstock, Vermont.
July
THK CHRONICLE.
27, 1901.
.ouds ready for exforn
drafl for $300, payable to the above-nani'
Oruusje Coiintj, Texas.— Bond Offering.—This o
advertising for sale an issue of |t,Sd5 i: 5 40 yeai :
bridge repair bonds. Geo. F. Poole \s County Judge.
Pleasant Hill, Obic— Bond Offering.— Prop isala will he
received until 13 M., August V2, by T. W. Murlin, Vill.
Clerk, for $800 "5? funding bonds. Securities are in
interest will be payable semi annually
inatio'n of f H-0.
the principal u ill mature $100 each six months, beginning
March 1, 190!. A certified check for $50 will berequfr
Putn in County, Ind.— Bond <Sa/c— On July 1 au Issn
$11,23143^? 10-ytar gravel- road bonds was sold at prtl
sale to the Central National Bank of Greencastle at 101 203.
Richland County (P. 0. Manstleld), Ohio.—Bond Offering, —The
Board of County Commissioners will
I
— Hond 8dU.
1-2U-V
-< >0 July 24 an issue
high school bin
rial)
\V
s.
1
I
I
while on tbe sidewalk proposition it was 54 f< r to 44 atrainet.
-.—
s. ward Township, Stafford County, Kan. -Bond
An issue of $19,000 \ i% refunding bond- has bi -n purchased
nt par by L. A. Bigger of Hutchison. Securities are in denomination of $500, dated Aug. 1,1901. Principal will mature in 20 years, subject to call $500 yearly, beginning Aug.
x
m
1911, inclusive.
Rochester, N. Y.— Temporary Loan —This city has awarded a loan of $8 ',000 to C. S. Lu'nt of Rochester at 4M02.
Rotterdam School District No. 14, Schenectady Comity,
N. Y.—Hona Sale.— On July 19 the $2.5"0 6<S 1-20 jear (serial)
school b. nds were awarded to the First National Bank,
Barnesville, at 1 1244. The ouly other offer made for the
York City.
bonds was 1 10*67 by Geo. M. Hahn of
For description of bonds see Chronicle July 13, p 99.
St. James (Hlnn.) School District.— Bond Sale —The
$10,000 4% additional school bonds mentioned in the Chronicle May 11 have been sold at 102-40. Bonds mature Feb. 1916.
St. John (N. II.) School Di-trict.— Debenture Offering.—
Proposals will be received until 5 p. m., August 1, by the
Board of School Trustees— Arthur I. Trueman, Chairman
for $25,000 %%% 25-\ ear school debentures. Securities are in
denomination of $500 and the interest will be payable semi-
1903.
1.
Shinu>toii, W. Va.— Bonds Defeated.— At the election
held July 20 the proposition to issue $8,500 paving and sewer
bonds was defeated by a vote of 70 to 55, a three- fifths vote
bein« necessary to authorize.
Somerset County, N. J.— Temporary Loan.— This county
has borrowed temporarily from/; local investors the sum of
New
$10,000.
Syracuse, N. Y.— Bond Sale— On July 22 Blodgett, Merritt
Boston, were awarded the $50,000
park bonds
and the $49,500 4$ local-improvement bondb at ICO'36 and
102-06 respectively. Following are the bids:
Pu: ;;
Ko se
lores
Hlodjiet, Merritt A Co., Boston
108-15
10005
W.J. Haves A Sons, Cleveland
10263
Geo. M. Hahn. New York City
3^
& Co.,
,
A. Kean. Chicago
S.
W. K.Todd &
100 01
V
Co.. Cincinnati..
Syracuse Savings Bank
annually.
St. Louis, Mich.— .Bowel Offering.— Proposals will be received until 8 p. M., August'l, 1901, by George S. Aldrich,
Mayor, for $12 Oi'O 4% 20 year public improvement bond?. Se
Interest will be payable
curities are dated July 1, 1901.
semi-annually. Purchaser will be required to furnish printed
For full description of bonds see Chronicle July 13, p. 99,
and July 20, p. 152.
Bond Offering. Proposals will be received until 3 p. si.,
August 5, by E. F. Allen, City Treasurer, for tue following
bonds
—
LONDON,
The exchange
la
E. C.
prepared to
entertain
proposal* tor Introducing .South African
and Klioilolan shares in America.
Only tlrm-clasH propositions.
T. B. POTTER,
MUNICIPAL and DAkmc
172 Washington Street,
CHICAGO,
-
-
238-240 La Salle Street,
CHICAGO.
N. T. Office. 1442
I
W.
Cor.
Will buy the assets of estate*
WINNE & WINNE,
RAILROAD
ot
-,
_,
Co.,
~>%
.
this vaver.
32
15 Wall
NEW
(St.,
YORK..
6«
BROADWAY, N.Y.
ok Exchange.
N. V
NEW YORK,
IN
LOCAL INVESTMENT SECURITIES
CITY RR. AND GAS CO. BONDS.
MUNICIPAL BONDS.
SECURE BANK VAULT8.
STOCKS, BONDS, GRAIN.
62.
Bought, sold
a
i
COMMISSION
Boot of Railway
i
moderate margin
1-lttTH.
Statistics
fe
upon Application.
Tel. VSt
CO.,
Seasongood
New York.
«.
&
Mayer,
W, Coroer Third and Wnluul
Street*.
CINCINNATI, OHIO.
Bonds
Blgi.
Ltd.,
•
sued
Id
especially
lor Kstatos
mem
invest
and Trust K
QENUINI
WELDED CHKOM'
.ANDIROI
itesand.Ac.
toand and Flm
Cannot be Sawed,
MUNICIPAL BONDS.
AQENT8 FOR TUB
Charing Cross, London.
DEALER
H. Smith,
Fred.
STOCK BROKER,
BANKERS,
ANGLO- AMERICAN SANK,
Floyd,
PINE STREET,
a Specialty.
Commerce,
Member
Augustus
_
and
WHITE &
-
Wichita* Kansas.
Mention
BONDS.
..micn-At!
CORRESPONDENCE SOLICITED.
Broadway,
_ _
>
DETROIT.
TO NET FROM *%% TO
Tl
Winne Building,
in the United States.
Warren, Andrewsfe
Chuiubnr
CORPORATION
BONDS
H.
per cent interest.
Write for our latest offering.
Bonds Netting
C.
6
142 So. Fourth St., Philadelphia,
Salle Sti., Chicago, 111.
MUNICIPAL
RAILROAD
CO.,
Co.,
INCORPORATE.
Monroe & La
Netting the investor
in process of liquidation, any-
COMMERCIAL PAPER,
S.
5 times
Bach of the securities has been personally ex
amlned by one of our salaried examiners.
where
&
CHOICE OKLAHOMA
FIRST MORTGAGES
Ashland Block, Chicago,
LIST ON APPLICATION.
A. G. Becker
SUBJECT TO PRIOR SALE
on Improved farms, worth from 2^ to
the amount loaned thereon,
REALIZATION
ILLS.
.
Broad-Exchamre Bldg.
ASSETS
BUNDb,
CORPORATION
INVESTMENT!
WE OFFER,
INVESTMENT SECURITIES.
Bankers and Exchange Agents.
HK4D OFFICE:
Basildon House, Moorgate Street,
10235
10o-0ii
INVESTMENTS.
INVESTMENTS.
LONDON AND PARIS Geo. D. Cook Company,
Ld.,
I
or to 19 against.
Saranac Lake, N. Y. -Bond* Voti '.—This village on July
2:5 vottd to issue $50,000 water «ud
$13,500 sidewalk bonds.
The vote on the water-bond qnestion whs B0 for fco 26 against,
auction at 1 i'. xi.. August 17, $50,000 b<t> court house
pair bonds. Securities are in denomination or $600, dated
Aug. 17, 1901. Interest will be payable April 1 and Octol
Principal will ma
1 at the office of the County Treasurer.
April 1, 1902, to Oct. 1,
ture $2 500 each six months f r<
EXCHANGE,
vas
II
Is will be
n Hatoo, CaL— Bond Offering
ceived until a p.m. August 19, by R. H. Jury, City Clerk,
irifor $27,500 4% 1-40 year (serial) gold bri Ige b »nd
were aiithonzn at the election held Inly
y a vote of
lie
1
*c-
us.
Snnfonl, Me.
pub
at
sell
compan]
or
55
1
*l T
i
(HllOUfc ST
Kent Are. Kea.p aj
BiiaMan'f'erslnthe D.B.
BROOKLYN
N.Y.
THE CHRONICLE.
201
$ns,00'i ?\#l l-!0-y*Br (mtIhIi library bonds, iii denomination of fi.0'0.
60,0()ii :ih* 1-80 vcnr (Bcrlnl) school bonds, In de
nlnaMon of ns.f.oo.
14.000
42,000
»m 1-tO-ycnr rinl
8^j 1-So.year (serial)
(h<
\<r\<\ur
I
bond*,
In d<
Ore department
i
nomination of *'<>0.
i.ln deaomli atton of
12,100.
Bonds are to be rfgietered at the office of the City Treasurer, and will be certified to as to genniDene a s by tbe United
States Mortgage & Trust Co., New York City. They are
dated August 1, 1901. and the Intereet will be payable semiannually at the above named trust comp my.
Spring Township, Harper County, Kan.— Bond Sale.—h.
A. Bigger of Hutchison has purchased $18,1 00 4% refundiner
bonds of this township at par. Securities are in denomination of foOO dated Ang. 1, 1901. Principal will rmture in
20 years, subject to cill $500 yearly, beginning Aug. 1, 1911.
Thnrold, Ont.— Debenture Sale— We are advised that the
$0,000 8}£« 110-year (serial) electric light and the $30,0-0
8^<? 1-20 year (serial) sidewalk and street debentures adver
tised for sale on June 30 have been sold to the Central
Canada Loan & Savings Co. for $34,575. For description of
bonds see Chronicle June 15. p. 1204.
Tnllahoma, Tenn.— Bond Sale.— The $10,000 electric-light
bonds and the $25,000 water bonds recently voted by this
city have been so'd to N. W. Harris & Co.. Caicai(o, at par.
Securities carry t%% interest an 1 will mature in 20 years,
subject to call after 5 vears.
Tuscaloosa, Ala.— Bored Issue.— This city has issued at
par to the estate of E, Miller $3,500 5% 30-year bonds in settlement of a judgment. Securities are in denomination of
$100.
They are exempt from all county and municipal
taxes.
Upper Sandnsky, Ohio.— Bond Offering.—Proposals will
be received until 12 Iff., Aug. 19, by O. A. Hal bedel, Village
Clerk, for $30 000 5% park bonds. Sscurities are in denomm
ation of $1 000, dated April 1, 1901. Interest will be payable
semi-annually at the Fourth National Bank of New York
City. Principal will mature $5,000 yearly on April 1 from
1908 to 1911, inclusive, and $10,000 on April 1, 1912. In Section 2,837. Revised Statutes of Ohio, will be found the
authority for the issuance of these bonds. Accrued interest
is to be paid by purchaser.
A certified check for $500 must
accompany
proposals.
Utica, N. Y.— Bond Offering.— John A. Cantwell, City
Clerk, will sell at public auction at 2 p. m., Aug. 1, $165,(00
4% public improvement bonds, iHSued under Chapter 299,
Lawn of 1900, for the erection and furnishing of a new public library building.
Securities are dated Ahl'. 1, 1901. and
the interest will be payable annually on Jan. 1 nt the office of
the City Treasurer. Principal will mature $5 <"'00 yearly on
Jan. l.from 1902 to 1928, inclusive, and $10 000 yearly on
Jan. 1, from 1929 to 193'. inclusive. Purchaser will be required to deposit a certified check for $5,000.
Flborg (S. Dak.) School District. tiond Election.— An
election will beheld Jnly 30 to vote on the question of issuing
$3,500 soho"il house bonds.
Wnpakoneta, Ohio.— Bond Offering.— Proposals will be
received until 12 m., August 5, by Chas E Fisher, Village
Clerk, for $18,500 4% street improvement bonds
Twenty
bonds are in denomination of $421 and twenty for $500, all
dated Aug. 1, 1901. Interest will be payable semi annually
at the office of tbe Village Treasurer.
Principal will mature
$921 each six months from Aug. 1, 1903, to Feb. 1, 1912, inclusive.
Each bid must be unconditional and must be accompanied by cash in the sum of $500. Accrued interest
must be paid by purchaser, who will be required to furnish
blank bonds free of charge.
Wayn^shnrg, Pa.— Bond Sole. This borough advertised
for sale on June 28 an iesue of $17,000 4% sewer bonds. These
bonds, we are just advised, have been sold to the Citizens'
National Bank of Waynesburg at par. A foil description of
the securities was given in the Chroniclk Jnne 22, p. 1253.
West Hoboken, N. J. Temporary Loan.— This town has
borrowed $5,000 in anticipation of the collection of tax a s.
Winters, Yolo County, Cal.— Bond 3ale.—0i Julv 15 the
$17 000 <o% 1-40-year (serial) gold coupon waterworks bonds
were awarded to E.H.Rollins
Sons, San Frmciaco, at
104 003
For full description of bonds see Chronicle July
—
—
&
13. p. 101.
Yakima County (Wash.) School District No. 44.— Bond
Sale.— On July 2 ) the $2,000 15-year school house bouda were
awarded to the State of Washington at par for 5 per cents.
Following are the bids
1
:
State of Washington (for 5sl. $2,000 00
ford Co. (for 5hs)
WHITE &
TRANSMISSION ROPE.
CO.,
Engineers, Contractors,
BROADWAY,
N. Y.
29
Investigations and Reports on
Electric Railway, Gas, Electric
Light, and Power Transmission
Properties for Financial Institutions and Investors.
Electric Railways, Electric
Electric
Power Plants
WHITE
J. S.
<Sk
Cannon
STILL. WELL,
BBC.
Street.
Railroad
E
THE AMERICAN
MANUFACTURING
COMPANY,
8TRJBJBT, 1TJSW
PRIX.
204 Dearborn
St.,
CHICAGO, ILL.
NEW YORK- Railroad
and Miscellaneous
Bonds and Stocks. Monthly for 1900 and
to July 1, 1901.
PHILADELPHIA —
WAS AWARDED AT THE PARIS EXPOSITION TO
SELLS,
WHITING'S STANDARD
WM. FRANKLIN
E, C,
WHITING PAPER COMPANY,
HALL,
holyoke, mass.,
And
™*™< ****
Examinations and Invettlga
tiona conducted with the utmott
care and efficiency,
Book! audited.
&
Rronrf
<*t «••>#.!
«»w
V.rl
.
CHRONICLE VOLUMES FOR SALE.
1866 TO DATE.
WILLIAM R. DANA COMPANY,
FINEST.,
150
Duane Street, New York.
Chronicle
Numbers Wanted,
Issues of Jan. 17, 1891; Jan. 14, 21, Feb. 4, 11, May
May 11, June 29, 1895; Jan. 4, Feb. 22,
1896; Jan. 8, 1898; Jan. 14, 21, 28, Feb. 18, 1899, and
Jan. 12. Feb. 2, 1901.
13.20. 1893;
Patterson, Teele
Dennis,
CERTIFIED PUBLIC ACCOUNTANTS,
SO
ever received this— the highest honor that can be
conferred.
It means they are the most perfect
made. Insist on having them for your fine corres
pondence and your office stationery. Are you using
Whiting's L«dger Papers in you Blank-Book 1
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St.,
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PAPERS.
They are tbe only American papers which have
NEW YORK.
LONDON,
Railroad Securities.—statement showing
Highest and Lowest Prices—
New York.
30 Coleman
CONTENTS
outstanding Stocks and Bonds and also the
Inoome for a series of years past, as well as
the amount applicable to interest charges, of
Railroads whose securities are commonly
sold in the markets of New York, Boston,
Philadelphia and Baltimore.
Sc,
Certified Public Accountants,
ST.,
by the Publishers of the
Commercial & Financial Chronicle.)
(Issued Semi-Annually
YORK.
manager.
BROAD
Securities.
JULY EDITION.
Investigations and reports for Investors on IndusTechnical Processes, Patents, etc.
Twelve years practical experience as a works
30
13, p. 101.
OF
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For description of bonds see Chronicle Jaly
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Investors' Supplement Jan. and July,
1893,
Jan., 1898 and Jan., 1899, Jan., 1900.
Quotation Supplement Jan., 1899, and Jan, 19C1.
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Railroad and Miscellaneous Bonds and Stocks. Monthly for
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BOSTON— Railroad and Miscellaneous Bonds
and Stocks. Monthlj for year ending
June 30, 1901.
Vearly
Range of
Prices with Pates-
Yearly Range of Active Stocks- Date of
highest and lowest prices made in the years
189rf, 1899, 1900, and to July 1, 1901, In
New York, Boston and Philadelphia.
Dividends.— Dividends on Railroad Stocks
sold at the Exchanges in New York, Boston, Philadelphia and Baltimore, paid during each of the years 1895 to 1900, inclusive, and to July 1, 1901.
Dividends on Leading Industrial 8tocks during each of the years 1895 to 1900, inclusive, and to July 1, 1901.
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